Newspaper Page Text
6
Tri-Weekly Market Reports
cotton
NEW YORK, May 3 3—Circula
tion of May notices unsettled the
cotton market in today’s early trad
ing and after opening steady at an
advance of five to IS points prices
broke rather sharply. The notices
were estimated at only 3,000 bales
but caused enough liquidation., to
send the price of May down to
30.82 c or 42 points net lower and
later deliveries showed net losses of
10 to 20 points, October declining
to 24.66 c.
The May contracts were soon ab
sorbed however and the market ral
lied 15 to 20 points from the low
est before the end of the first hour
on firmfr foreign exchanges and a
private report placing domestic con
sumption for April at 407,000 bales,
compared with 484,000 for March.
Trading quitted down later and
May contracts held fairly steady
around the 31 cent level, or within 22
points of yesterday's closing. Later
deliveries were relatively firm on
buying which appeared to come part
ly from trade sources, with October
at midday rilling around 24.85. or S
points net higher. A private report
was published estimating the in
crease in acreage at five per cent,
with 67 per cent of the crop planted
against 66 last year, but only 34 per
cent above ground compared with
38 per cent a year ago.
The outlook for cold and unsettled
weather with possible showers in
the southwest later led to a little
more buying of crop and the mar
ket held generally steady. May ral
lied to 31.10; or within 12 points of
yesterday’s closing quotations. New
crop months were about 6 to 14
points net higher, October selling
at 24.91 around 2 o'clock.
NEW YORK COTTON
Tbe following were the ruling prices In
the exchange today: .
Tone, steady; middling,-'3l..me; qutet.
Last Vrer.
Open. High. Low. Sale. Close. Close
May ...31.40 31.40 30.80 31.17 31.15 31.22
July ..28.90 28.90 28.52 28.78 28.7 25.7<2
Oct . .24.86 24.75 24.66 24.92 24.92 21.77
Pec. ...24.25 24.34 24.10 24.32 24.30 24.20
Jan.' ''.23.96 24.02 23.80 23.97 23.95 23.87
NEW YORK. Mny 13. —10:45 fl. m. bids
sfeadv; May, 30.1'1 ; .ltd.”. 28.59- October,
24.78; December, 24.20: January, 23.87.
NEW ORLEANS COTTON
NEW ORLEANS, May 13.—The
cotton market had a steady opening
despite a rather irregular Liverpool.
May traded 19 points higher at 30.95
and first sales in other months
showed gains of one to four points.
July and Octollbr gained 6 to 10
points additional during the opening
call, the former trading at 28.42 and
the latter at 24.19. The. market was
supported by continued cold and un
settled weather and the tight posi
tion of near months. Prices eased off
a few points in the ear y trading
■awaiting the weather map, but the
tone was generally steady.
The market fluctuated within a.
narrow range during most of the
morning. During the second hour
prices eased off, July trailing down
to 28.17 and October to 24.00 or 19
to 25 points down-from the early
high and 13 to 25 points under the
previous close. The easier tone was
based on fair weather in the belt.
Later in the morning prices rallied
on .liberal exports, an official fore
•ast for showers and colder in the
western belt and bullish British
board of trade exports of cotton
varns and cloths during April. July
rallied to 28.45 and October 24.20 or
three points above the early high
ind 7 tp 13 points above the pre
vious close.
NEW ORLEANS COTTON
Th# following were the ruling price* In
the exchnnge today:
Tone, steady; middling, 30.80 c; steady.
• Last Prev
Open. High. Low Sale Close. Close
May ...30.95 30.95 30.59 30.80 30.78 30.76
July ...28.33 28.49 28.17 28.46 28.46 28.32
Oct. ...24.17 24.25 24.00 24.48 21.17 24.13
DOC. ...23 90 24.00 23.77 23.<89 23.89 23.88
Jan. ...23.82 23.90 23.85 23.83 23.82 23.88
It fl m. bids quiet; May. 30.75; July.
28.45: October, 24.17; December, 23.91'
lanuray, 23.89.
SPOT COTTON
Atlanta, steady, 30.35 c.
New York, steady, 31.55 c,
New Orleans, steady, 30.80 c.
Galveston, steady. 30.95 c.
Mobile, steady, 30.25 c.
' Savannah, steady, 30.50 c,
Wilmington, steady, 30.15 c,
Norfolk, steady, 30.25 c.
Boston, nominal.
Pallas, steady, 29.75 c.
Montgomery, steady, 30.25 c,
Houston, sternly, 29.9u<-.
Memphis, sternly, 30.50 c.
Little Rock, steady, 30c.
Augusta, steady, 30c.
ATLANTA SPOT COTTON
•Atlanta spot cotton 30.35 c
’eceipts 253
hipmeuts 131
toeks ’ LL’ R 15,159
. ’ COTTONSEED OIL MARKET
Open. Close.
pots 9.6061' 9.75
May it.776/111.00 9.(106/ 9.70
■ line 9.706, 9.90 9.1id0, 9.7::
uly 9.776, 9.7 S 9.756, 9.76
'.tig9.85(0 9.87 U.S.-, 6, U.S7
• ~pt 9.916 9.95 9.896; 9.90
'.ovS.SI6, S.SS 8.846/ 8.85
. ee 8.756, 8.71 8.786,. 8.82
Tone, steady; sale*. 28.600.
ATLANTA COTTONSEED PRODUCTS
Corrected by Atlanta Commercial Ex
change.)
tilde oil. basis prime
S. metal, 7 per cent nm-»'
monia. car lots "9.00 40.00
. 8. metal, at common rate
pointe, car lots 37.00 38.00'
. S bulls, loose, car 10t5.... 21.00 22.00
. S. hulls, sacked, car lota.. 24.00 25.00
inters, first cut, 10%@llc.
inters, second cut (cottonseed hulls fiber or
savings, 3%®4c.
inters, clean, mill run, s@6c.
LIVERPOOLCOTTON
LIVEItPOI)IMuy 13.—lotion spot, mod
rate business; prices steady: good middling,
i 5.36; fully middling, 17.91; middling.
:T.4t; low middling. 16.56: good ordinary,
5.56; ordinary. 15.06: sales. 6.000 bales,
•eluding 1.7‘t0 American: receipts. 9.000
ties, including 4,000 American.
Futures cloM-tl quiet and steady, net 13
oints oft to 3 points up from previous close.
Tone, quiet but steady; sales, 6,000 bales;
•od middling, 18.33 d.
I’rev.
Open, Close. Close
ar 17.31 17.3 S 17.35
•me 17.12 17.1 s 17.31
■lly 16.63 16.68 16.71
XllgUSt Is.su 15.95 15.90
•pt ember 15.17 15.23 15.27
,'ctober 14.50 14.52 14.60
Novemberl4.l6 It. is 11.25
l ecember . ... 14.06 11.07 11. 11l
anuary 13.96 i:.96 11.06
i<<hri>aiy 13.'•7 13. St, 13.97
larch 13. St 13.52 13.93
pril 11L77 13.76 13. S7
WILL CLOSE" SATURDAYS
NEW YORK. May 13. The coffee ami
•tgar exchanges here will bo closed Sat
rdny. Maj 31. and rvety Saturday during
fine. Jul' and August.
NEW YORK PRODUCE MARKET
NEW YORK. May I.':. —Flour, dull and
•inset tied.
Fork. quiet: mess. $21.756, 25.25.
lard, easy, middle west spot, sll. OOfcf
11.10.
Sugar, raw, easy: centrifugal. 96 test,
■>.7S; refined, easy; grsim-ated. 7.30617.50.
Coffee. Rio No. 7. on -pot. 14% % 15e; No.
Cheese, firm; state milk, common to spe
lais, 16%6i25c: low grade, 4(<i 10c.
Butter, stronger; receipts, 12.535; crcam
ty, extra, 40c; do. special market. 40’ k .£
!e: state dairy, tubs. 33%.'<i3:><; Danish.
"iVjJiXle; Argentine. 31',.-3t>e.
Eggs, firm; receipts. 59.371; near-by white
alley. 324i33e; near-by state whites, 25'<r
■ le. fresh firsts, 256»29e: Pacific cost cx
■tas. 2<>*t 31 ■". < western whites, 25 •.•:31c;
•ivar-by b owns, o' I '-, >lc.
THE ATLANTA LKI-U EtuKLl JOURNAL
GRAHN
I CHICAGO, Tuesday, May 13.
Wheat trade livened up in the last
hour. Outside trade was broader
and there was a bigger response to
the bull news. Last prices were the
best for today and 5-8 to 1 1-8 high
er. May, $1.04 5-8 to 3-4; July,
$1.06 1-8 to 1-4; September, $1.07 to
1-8: .December, $1.09 3-8.
Corn rallied with wheat and
closed 1-8 to 3-4 higher. May,
75 7-8 to 76; July 76 1-4 to 3-S;, Sep
tember, 75 1-2 to 5-8.
Oats were 1-8 to 1-4 higher. May,
46 3-4; July. .44; September, 39 3-8:
December, 41 1-4 to 3-8.
Lard closed 5 cents higher to 3 1-2
cents lower. Ribs unchanged to 5
cents higher, and bellies 7 1-2 to
15c higher. Local cash sales were
2:>,00() bushels of wheat; 5,000 bush
els of corn and 68,000 bushels of
cats.
Low cables and a decline in
French exchange restricted export
buying. Sterling and Italian ex
change was firmer but it failed to
stimulate buying. stocks
of wheat increased 144.000 bushels
this week. Weather was favorable
and frost predictions failed to ma
terialize.
Provisions opened higher with
grain b’tt the market reacted in the
later trading.
CHICAGO QUOTATIONS
The following were the ruling prices n
the exchange today:
, Prev,
Open. High. Low. Close. Close
WHEAT—
May . .1.04% 1.04% 1.04% 1.04% 1.04
July . .1.05% 1.06% 1.05 1.06% 1.05%
Sept. . .1.06% 1.07% 1.06% 1.07% 1.06%
CORN—
May .. . ( 75% 76 75 75% 75%
July' .. 75% 76% 75% 76% 75%
Sept. .. . 75 75% 74% 75% 71%
OATS—
May ... . 46% 46% 46% 46% 46%
July . . 43% 44 46% It 43%
Sept. . . 39% 39% 39% 39% 39%
LARD—
July 10.70 10.70 10.65 10.65 10.65
Septlo.9s 10.95 10.90 10.90 10.92
RIBS—
Jmy 9.90 9.85
Sejit. ...10.05 10.05 10.05 10.05 10.05
BELLIES—
July ~...10.42 10.45 10.42 10.45 10.30
Sept 10.67 10.60
RECEIPTS IN CHICAGO
Today.
Wheat 40 cars
Corn 130 cars
Oats 109 cars
Hogs .22,000 bead
CHICAGO CASH QUOTATINOS
CHICAGO, Ma> 13.—Wheat, No. 1 hard,
$1.<>9%6, I.lo'yr No. 2 hard, $1.06%6( 1. 12%.
Cort*. No. 2 mixed, 76xfe76%c; No. 2 yel
low, 77 %c.
Oats, No. 2 white, 48%@49%c; No. 3
white, 47%67;48e.
Rye, No. 1,66 c.
Barley. 68e.
Timothy seed. $5,006? 7.."0.
Clover seed. $10.506418.50.
Lard, $10.50.
Ribs, $10.12.
Bellies, $10.25.
KANSAS CITY QUOTATIONS
KANSAS CITY, Mo., May 13.—Wheat:
No. 2 hard, 99e(,i>51.17; No. 2 red, $1.02©
1.03.
Corn, No. 2 yellow, 74c; No. 2 mixed,
70% (0171 c.
Oats, No. 2 white, 48%@49%C.
BALTIMORE QUOTATIONS,
BALTIMORE, Aid., May 13.—Wheat clos
ing: No. 2 red winter spot, export, $1.13%;
No. 2 garlicky, spot, domestic, $1.13%.
ST. LOUIS QUOTATIONS
ST. LOCIS, Mo., May 13.—Cash whoa :
No. 2 red, $1.09; May, $1.04; July.
$1.05%
Corn: No. 2 white, 80%c; No. 2 yellow
78(<,78%c: May, 76%c; July. 77%c.
Oats- No. 2 white, 49%©5(1c: No.
white 48%®49c: Myty, 48%e; July, 0.
TOLEDO QUOTATIONS
TOLEDO. Ohio Mar 13. Clover.sll.oo.
October. $12.50. Alsike, $9.70.
$3.50; May, $3 50: September, $3.80.
NEW YORK COFFEE MARKET
NEW YORK, May 13.—Coffee, Rio No.
7, 14%e; Santos 4s, 19%c.
Open. Close.
May 13.00 13.40
July ...1-2.87 12,85
Septl2.ls 12.15
Oct 12.03
Dee 11.76 11.80
Ma reh ...11.45 11.55
Metal Market
NEW YORK, May 13.—Copper, easy; elec
trolytic, spot ami futures, 13%e.
Tin, easy: spot, $46.50; futures, $15.00.
Iron, steady; prices unchanged.
Lead, steady; spot, $7,375/7.50.
Zinc, quiet: East St. Louis spot and fu
tures, $5.85 51 5.90.
Antimony, spot, $8.37.
Sugar Market
NEW YORK. May' 13. A new low rec
ord for the year was established in the
raw sugar matket early trday when 5.000
bags of Cuban for prompt shipment iverc
sold to a local refiner at $5.66 duty
paid.
Renewed selling pressure occurred in raw
sugar futures owing to the increased of
ferings in the spot market and weakness
abroad. Prices at midday were 8 to 14
points net. lower.
'l’he refitted market was unchanged,
price., ranging from $7.3051.7.50 for fine
graiilll ited.
Refi.ied Dilutes nominal.
NEW YORK RAW SUGAR MARKET)
Open. Cluse.
Mavy I.<>l 3.82
July 4.10 3.90(53.92
Sept einlit’r 4.1 t 3.97
December 3. S 3 3.65
March JL39 3.25
Naval Stores
SAVANNAH. Ga.. May 13.—Turpentine
firm. 82%< ; sales, 586: receipts, 966; ship
ments, L>7; stock. 4,887.
Rosin, firm: sales, 1.191: receipts, 2.486
shipments. 139: stock, (12,925.
Quote: B. $4.35: D. $4.15; E. $4.45; F, G.
$4.70; 11 I, K, $4.75; M. $4.80; M. $4.95;
window glass, $5.75; water white, $6.45.
Liberty Bonds
NEW YORK May 13. —United States gov
eminent bonds closing:
Liberty 3%s $ 99.28
First 4%5, bid 100.6
Second 4%5, bid 100.3
First 41 is 100.9
Second 4%s 100.6
Third 4%s 100.23
Fourth 4) i s 100.13
Treasury 4'is 101.21)
Wool Trading Spotty
(Special Leased Wire to The Journal.)
(Copyright. 1921.)
BOSTON (Tuesday). May 13.
' Trading ;n the Summer street wool
i markets was spotty today with only
! moderate trading in those houses
i which reported anything at all do-
I ing. Dealers are preparing to broad
i on purchasing operations in the west
, now that the sale of the Jericho clip
at 42 cents has fixed a basis for con
tracts.
Cotton Goods Quiet
(Special Leased Wire to The Journal.)
(Copyright, 1924.)
NEW YORK (Tuesday), May 13.
Cott n goods markets were quiet and
unchanged today with printcloths
again quoted at 8 7-8 cents for 64x60
and 10 1-4 cents for 68x72.
First Airship Brakes
On New U. S. Zeppelin
LAKEHURST. N. J., May 13.
Brakes on an airship with five 400-
horsepower engines - that will run
forward or reverse without reverse
gears will be introduced into the
United States when the new Ger
, man-built Zeppelin ZR-l> flies front
■ Friedrichshafen to Lakehurst, a dis
l lance of 4,500 nautical miles this
summer.
FITE LIKE COnOi'J
WESTS'IS SEEN;
BRITISH M FIELD
BY J. C. ROYLE Z
(Specl.il Leased Wire to The Journal.)
(Copyright, 1924.)
NEW YORK, May 12.—W00l
growers in the west and some deal
ers in other parts of the Country are
shouting warnings in the ears of
the woolen manufacturing com
panies. So far these warnings have
had little effect. The growers de
clare that unless the manufacturers
watch carefully, they will be left
in a position where they will not
have enough raw staple to run their
mills at anywhere near quantity
production unless they buy it at a
higher price than exists at present.
English manufacturers, they say,
already are pouring woolen goods in
to this country and getting the
American consumer’s business at a
time when the New England manu
facturers are lamer Ling the light de
mand for both women's and men's
goods. Unless American manufac
turers take steps to meet this com
petition successfully, they may find
themselves in a similar predicament
to the New England cotton manu
facturers who declare the “dumping”
of English cottons on this market
Ttas forced wholesale curtailments
and threatens the successful life of
their industry.
In support of these contentions,
growers and traders in wool point
to the frantic demand by John Wan
amaker and a large store in Brook
lyn, which greeted the offering of a
Ship load of English woolen blan
kets. These blankets were snapped
up like hot cakes, although Ameri
can manufacturers have been com
plaining of the dullness of .he mar
ket.
The necessity for stimulation in
floor covering also is given full rec
ognition in the determination of the
Alexander Smith and Sons company
to hold an auction for the disposal
of $4,000,000 worth of rugs which
began here today. The various car
pet and rug manufacturers, includ
ing the Smith company, had named
current, prices May 1 and had placed
them from 5 to 12 per cent under
the previous levels. This, however,
did not suffice to attract orders and
the Smith company decided to hold
the auction and let buyers them
selves name the prices.
One of the big carpet manufactur
ers in Connecticut has cut wages
and it is known that nearly all the
large factors in the trade contem
plate heavy advertising campaigns
to stimulate consumer buying.
However, the week opened today
with somewhat more activity in the
buying of raw wool on the western
ranges. It is known that the Amer
ican Woolen company buyers are in
the field and the lead set by this
big company usually is followed.
The fact that the American Woolen
mills were supplied with ample quan
tities of wool bought advantageously
last year enabled that concern to
operate near capacity much of the
year and skim the cream of the
goods trade and that policy is not
likely to be abandoned this year.
Despite this, however, the big com
pany is proceeding to auction a quan
tity of worsteds this week.
The chief interest in the west is
centering around disposal of the Jer
icho pool consisting of 830,000
pounds of Utah wool. This collection
in a measure sets the pace for buy
ing in other western sections. It is
known that bids above 40 cents have
been refused by the pool managers
Mill men in the east say the pres
ent level of prices is all the wool
this year is worth. The growers
counter by citing the fact that Bos
ton prices now are below all foreign
markets and that for every pound
American manufacturers buy at
home they have to buy two abroad.
The output of the world in 1923
was 2,604,911,000 pounds, or almost
600,000,000 pounds less than the av
erage before the war. Last year
the mills in the United States alone
consumed 787,823,000 pounds of wool
and even if consumption is.less this
year the domestic supplv will not
come within 35 per cent of filling it,
growers say.
Sugar Prices Down to
Lowest Point of Year
The decline of raw sugar prices down to
lite lowest point ot the year anil the very
restricted demand despite this liave caused
further cuts in refined sugar prices, reports
Federal Sugar Refining company in its re
view of the industry. The market lias con
sequently been weak and unsettled in the
face of tlie prospects for a Cuban crop even
larger than estimated.
.The Cuban crop this year will total 3.950,-
0(H) tons if tlie excess of actual production
over estimate is maintained, according to
Federal's representative on the island. In
fact, some well-posted authorities are ex
pecting production of over 4,009,000 tons.
The outturn of tlie seventy centrals which
have already finished grinding is 283.072
bags, or 3.6 per cent, higher tiinn Hie orig-’
inal Federal estimate for these mills.
The total production of Cuban sfigar to
April 30. was 3,662,139 tons, compared
with 3,110,180 tons at tlie corresponding date
of last year. As production to April 15 was
3.371,929 tons, these figures indicate tiiat
output in tlie second half of April totalled
290.210 tons. The weather continues favora
ble for grinding operations. Stocks of sugar
at Cuban shipping ports amount to 1.021.227
tons as compared with 786,820 tons at the
same date of 1923.
The Hawaiian sugar crop will also prob
ably turn out in excess of earlier estimates.
The latest figure is 571.768 long tens as com
pared with the previous estimate of 540.000
tons.
British sugar refiners have reduced their
prices by- Id for prompt delivery, according
to cables from Federal's English representa
tives. The market continues depressed.
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U. S. IMPORTS TINY PARASITE
TO STOP CORN BORERS’ WORK
"'7'3;
1,. .:.- <8; '
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iiiiuir niiT Tj
Corn stalks and ears attacked by corn borers
Wasp-Like Insect, Brought
Over From Europe, May
Be Salvation of American
Grain Crop
BOSTON, Mass., May 13. —A tiny
wasp-like insect, transported from
Europe, may be the salvation of the
American corn crop.
Since 1917 the United States and
Canada have been battling- a losing
fight against the European corn
borer. Year by year, this treacher
ous insect has eaten its way farther
and farther into the corn belt,
threatening this country’s most val
uable crop with destruction.
In Massachusetts alone, this in
sect has already done more than
$1,000,000 damage, not only to corn
but to Vegetables and other plants
in the infested areas.
Now scientists connected with the
United States bureau of entomology
believe they have discovered the
corn borer’s nemesis.
It is a parasitic wasp that feeds
on the corn borer itself, destroys the
insect and itself is harmless.
European Insect
Both corn borer and wasp come
from Europe. The corn borer was
first discovered here in 1917.
Broom corn, used for the manu
facture of brooms, was being ship
ped to factories in Amsterdam, N,
Y., and Everett, Mass., from Hun
gary and Italy. This, it is believed,
was the way the corn borer got in.
Soon the insect was discovered in
sweet corn and other forms of edi
ble corn and forage. The area
around Boston first was discovered
infested, and quarantined. Then the
area around Buffalo and Schenec
tady, N. Y., became infested, and
Australia to Be Made
Greatest Cotton Land,
Avers Home Minister
LONDON, May 12.—“ We are going
to make Australia the greatest cot
ton growing country.” said G. F-
Pearce, commonwealth home minis
ter upon arriving at Syndney, N. S.
W.. to preside over a conference of
the ministers of agriculture of all the
states meeting there for the purpose
of cO'Ordinating efforts throughout
the country in connection with cot
t >n industry, says a dispatch to the
Daily Mail.
The aim of the conference, which
opened’ yesterday, is to evolve a com
petitive scheme of plant breeding,
seed selection, and research work re
garding disease and pests, and the
home minister, emphasizing rhe need
for thoroughness, declared: If our
cotton is to win the world’s mar
kets it must be because its fine qual
ity gains for it the same reputation
we have won for our merino wool.”
Plow Uncovers
Ring Lost 34 Years
SUMTER, S. C., May 12.—An en
gagement ring belonging to Mrs. T.
B. Brunson, said to have been lost
for 34 years, has been found by her
son while plowing near the boitse.
Titering was lost in September, 1890,
by Mrs. Brunson, then Miss Durant,
it is said.
Louisiana Legislators
Meet After Two Years
BATON ROUGE, La., May 12.
The Louisiana state legislature, idle
for two years, convened at noon to
day for a 60-day session. Governor
elect Henry L. Fuqua will be inau
gurated a week from today, succeed
ing Governor John M. Parker, who
sent a farewell message to the legis
lature today.
Election of a speaker of the as
sembly and a president pro tom of
the senate i” 1 appointment and elec
tijn of minor legislative officers con
sumed most of the day.
by 1921, a. strip almost entirely sur
rounding Lake Erie, including Can
ada, came under quarantine.
Now, some 7,500 square miles of
corn land bordering Lake Erie on
the United States side alone, are in
fested. The total area may .very
well reach to 15,000 square miles.
The fact that this is about 10 per
cent of the total acreage of corn
land in the United States, points to
the rapid spread of the corn borer
since 1917.
Still Fighting Hard
Even today government men are
scouting the quarantined and neigh
boring areas trying to prevent fur
ther spread of the insect. They are
devoting themselves at this time to
a general campaign of corn stalk de
struction and clean-up. before the
first crop is 'planted. They are .ask
ing farmers to burn their old stalks,
to plow the stubbles well under, burn
all other growth nearby and gener
ally clear up their fields of all signs
of last year’s corn.
Government entomologists, realiz
ing the weakness of this campaign
against the corn borer, have placed
their faith on the insect’s parasite.
From an original importation of
these wasps from France and Italy,
the bureau of entomology has suc
ceeded in breeding millions to be
spread over the infested regions.
Results obtained from this means
of battling the corn borer have been
encouraging, say the entomologists.
They have at least slowed up the
advance of the devastating insect
and promise in a few years to stop
it altogether.
Odds present are still in favor
of the corn borer, for the parasites
have succeeded in destroying only a
small percentage of their enemy so
far. Some twenty-four other kinds
of parasites are being tried out to
helpjn a more rapid destruction of
the corn borer.
Using His Own Body
As Amplifier, Pastor
Hears Wife on Radio
NEW YORK, Max 12.—Rev.
Claude E. Morris, of Brooklyn, heard
his wife's voice over radio through
amplification of waves picked up
through his own body. Mrs. Morris
was broadcasting over Station
WEAF. The clergyman grasped the
antenna and ground posts in his
hands and heard his wife singing.
HAMBONE’S MEDITATIONS
, ByJ.P. Alley
ME EN OLE Yola seep a
HA'NT LAS' NI6HT EN
He Got so
BoF' UV US LIT OUT
T z RUNNIN'.’f
(Copyright, 1924, by The Bell Syndicate, Inc._'
100 MILLION MARE
NEEDED TO EP UP,
DEPMENT SIVS
BY CHARLES P. STEWART
WASHINGTON, May 13. The
United States is behind in its naval
building program. z
The United States has rot approach
ed its quota of naval armament as
signed to it in the historical 5-5-3 dis
armament agreement of 1921.
Congress’ appropriation of $300,-
000,000, naval authorities say, is not
enough to provide a fleet’in keeping
with the Washington treaty.
An allowance of $400,000,000, they
add, is the least needed to bring our
navy approximately up to the 5-5-3
basis.
These salient facts are brought out
from a. close study of Uncle Sam’s
navy, its facilities, effectiveness and
possibilities in time of war, how it
compares with the navies of other
important countries, and what this
means to you and me.
By the terms of the naval limita
tion treaty between America, Great
Britain. Japan, France and Italy,
these five countries, the only sea
powers which counts were put on a
basis, respectively, of 5-5-3-1.75-1.75,
for capital fighting ships and air
craft carriers.
That is to say, America and Great
Britain are on an equality. Japan is
entitled to three-fifths the strength
of either of them; France and Italy
each to seven-twentieths.
No Limit on Personnel
The treaty puts no limit on naval
establishments except as to the tw-o
classes of ships named; none as to
personnel.
In the matter of capital ships,
meaning battleships and-hattie cruis
ers, America, like Great Britain and
Japan, was above her quota when
the treaty was signed, and had to
scran 17 old and 11 new vessels.
What strength does this leave us?
We have 7,873 officers and 86,000
men. On the quota basis we should
have 12,585 officers and 97,125 men.
To offset the shortage we have a
reserve of 4,256 officers and* 18,179
men. Our 86,000 men, though first
class raw material, for the most part
lack the long training most old world
man-o’-war men have had.
Os capital ships we have 18, total
ing 525,850 tons. This is close to our
full quota, but several of the ships
need modernization—conversion into
oil burners, new boilers and better
protection against submarine and
aerial attacks There is reason also
to believe our guns are outranged by
the British, about 11 to 8.
Weak in Submarines
Os modern high-speed light
cruisers wt have four of 30,000 total
tons, with six more representing
45,000 tons now building, three of
them nearly finished. On the treaty
basis we are entitled to 19 of 187,883
tons. Naval men agree we are dan
gerously short of this type ot' craft.
Os modern destroyers we have
274, of a total of 325,412 tons.
Numerically this is a strong show
ing, but most of these boats were
war-built, too hastily to be first
class.
America has three modern, long
radius submarines, of 3,318 total
tons, 78 undersea boats of the coast
defense type, representing 53,573
tons, and 15 more under construc
tion, of 13,122 tons.
Os the larger, long-radius vessels
we have not nearly enough, naval
officers say. The others, adequate in
point of numbers, lack speed and
radius.
Os aircraft carriers America has
one in commission and two in pro
cess of conversion from the cruiser
type. Miscellaneous auxiliary craft
of all sorts in commission, including
tenders, supply, reprir and hospital
ships, colliers and tugs, number 196.
The principal complaint concern
ing most of them is they are slow
and would hamper a fleet for this
reason. '
What Does It Mean?
What does all thjs mean to you
and me, to the inhabitants along
the coast and to inland folks?
Three centuries ago inland Eng
land was desperately poor. The in
landers objected to any “waste” of
money on warships. Let the coastal
fringe worry. What use had they
for a navy?
Then England’s foreign trade be
gan to develop.
The inland counties began to
prosper, lute coastal fringe did the
shipping but the inlanders supplied
the goods for export. To deliver
these goods abroad ships were
needed—and to protect the ships, a
navy.
Then the inlanders saw what a
war fleet mednt to them —even to
them, as inlanders.
In 1920 American exports reached
about $8,109,000,000.
Times were excellent.
A drop of some $1,338,000,000 In
exports followed.
Times tightened. Agriculture es
pecially suffered.
Os late exports have been picking
up somewhat. But not enough.
The farmer's beginning to get the
point- He's clamoring, quite prop
erly, for a more intensive develop
ment of America's export trade.
But does the inland farmer get
this idea, too?-
A mercantile marine is necessary
to the development of a country's
export trade, and without a navy no
country can keep a merchant ma
rine.
Spanish Defeat Reported
LONDON, May 12.—A Tangier dis
patch to the Daily Mail says it is
reporfte! that the Riffs, lei by Abd
cl-K’.’in have taken an important.
Spanish position ne<-r the Kert nver.
The Spaniards are said to have aban
doned their guns and a large quan
tity of ammunition.
Till USDAY, MAY 15, 19 21-
Billy Sunday Victim
Os Ptomaine Poison;
Cancels 2 Meetings ;
MEMPHIS, Tenn., May 12.—Billy
Sunday, stricken suddenly yesterday
by what the physicians diagnose as
ptomaine poisoning, was reported as
improved this morning. I 1 or the first
lime in his 30 years of evangelistic
work, he was forced to cancel two
major engagements to preach yester
day. His fever has subsided some
what and he spent a Xnore restful
night.
Mrs. Sunday, who was in a local
hospital recovering from effects of
an automobile accident, when she
heard of her husband’s illness, in
sisted upon being removed to the
hotel immediately in an ambulance.
White House Funeral
For Mrs. Hubert Work
WASHINGTON, May 12.—Funeral
services for Mrs. Hubert Work, wife
of the secretary of the interior, were
held today at the White *cuse and
were attended by Precident and Mrs.
Coolidge and other high officials.
Burial was in Arlington National
Cemetery. Rev. Wallace Radcliffe,
of the New York Avenue Presby
terian church, conducted the serv
ices.
Senate Committee
Favors Florida Park
WASHINGTON, May 12.—The
senate agriculture committee today
reported the bill of Senator Fletcher,
Democrat, Florida, to create a na
tional forest in Florida by accepting
title to land donated by owners. The
bill stipulated that preference be
given Folrida farmers to purchase
timber on the tracts.
BUY 0® SELL
Claimed advert Iflernenta In The Tri- Weekly Journal can ha used by our
readers to sell anything useful to others and to buy many things they nted.
Oftentimes things are offered foi less than market price.
Tlie <ate for this advertising Is CO cents a line for a week—three Issues, be
ginning Tuesday. Six usual words are counted as a line. Two line« ia the
smallest ad used. . . j
Send your ad with payment to reach us by Saturday.
THE Tffl-WEEKLY JOURNAL
ATJLANTA, GA.
AdwHmifflWiah
WANTED
AbTUiueu. women, boys? Sf'ils. 17 to 65,
lug co accept government positions,
$250. traveling or stationary, ” rlte “- r -
Ozment, 164 St. Louin. Mo-, immediately.
“ bKTECTIVE— Kxceptional opportunity •
“earn big money. Travel Thousands of do Pars
offered in rewards. Egtabhshed in ’
tieulars free. Write C. T. Ludwig. 168 Westover
Bldg., Kansas City Mo.
I'OSlTXUX'S"guaranteed permanent and pay
ing We tear-li you tlie barber trade in
few’weeks. INCOME while learning. M e
own simps. Jacksonville Barber College,
Ja ck sonville, Fla. . -
WANTED HELP—FEMALE
I~\IHIOS Work at home, pleasant, easy
sewitlg on your machine; who e or par
time: highest possible prices paul. 110 l full
information, address L. Jones, Box ia ,
Olney, 111.
W ANTED— VVomen-girls. Learn gown creat
ing at home. $35 week. Sample lesson,
free Ernnklin Institute. Dept. K-010.
Koch ester, N. Y.
WYNTED—Ladies to e nbroider linens
at’ home during their leisure ni«i«its W rite
at once. 'EASHION LMBBOIDLIJLS, 10-a
Lima. Ohio.
JITu.S-WO.MEN WANTED —Learn gown
making at home; Bau ‘P le , ~l esso? *
Write immediately. 1' rankin’ Institute,
Dept L-510, Bochester, N. Y.
Earn money at home spare time
painting lamp shades, pillow tops for us. No
vassing. Easy ami interesting work. Expert
erne unnecessary. NILEART COMPANY, 2258
Ft. Wayne, Indiana.
WANTED—SI,IIO to $3,000 year; men-wom
en, 18 up: L. S. government jobs; steady
work; pleasant work; life job; summer vaca
tion with pay; thousands appointments year
ly; common education usually sufficient;
list positions free. Write today sure. Frank
lin Instil ute. Dept. L-7S, Bochester, N. Y.
HELP WANTEII—MALE, FEMALE
L. Y GOVERNMENT wants men-women, 18
up. Steady work. Sure pay.
hours. $1,140 to $3,000 year. Quick raise.
Vacation witli pay Common education
usually sufficient. I.ist positions now ob
tainable sent free. Write today sure. Frank
lin Institute, Dept. K-78, Hochestor, N. Y.
WANTED—AGENTS
GET OUK FREE SAMPLE CASE—Toilet
articles, perfumes and specialties. Won
derfully profitable. La Derma Co., Dept.
ItJ, St. Louis, Mo.
WE START YOU WITHOUT A DOLLAR. Soaps.
Extracts, Perfumes, Toilet Goods. Experi
ence unnecessary. Carnation Co.. Dept 240. SC
Louis.
$12.1)0 or more, per day profit, selling Bo Tab
lets. Wonderful Laxative. Easy seller. Fifty
cents profit per hottie. Nobby Co., Box 224,
Coconut Grove. Florida.
WOODROW WILSON’S JJFE by JOSEPHUS
DANIELS going like hot cakes, semi for free
outfit, hook written here. Jenkins Bible Co.,
Washington, I), c.
FRUIT TREES for sale. Agents wanted.
Concord Nurseries. Dept. 20, Concord. G'a
FRUIT TREE SA LE 8 M E N —Profitable
pleasant, permanent work. Good side .ine
for farmers, teachers and others. Concern
Nurseries. Dept. 20. Concord. Gi.
PERSON A I.
TEACHER—L El "M TEL I? V (>"IU "i 16 WT O
get a first-grade licensee B. S. Holden.
Ellijay, fia.
WANTED—FARMS
WANTED —To ii« ar from owner having farm
or unimproved land for sale. John J.
Blafk. Ciiipppwa Falls. Wis.
FOR PI - V’T'S
Plnnic CABBAGE, Early Jersey Wake-
I trill lb field, SI.OO per 1,000; Succes
sion, SI.OO per 1.000; Copenhagen Market,
$1.25; tomatoes, SI.OO per 1,000; Porto Rico
potato plants, $2.00 per 1.000; Ruby King
boll peppers, $1,50 per 1,000; Parcel post or
express. W. W. Williams. Quitman. Ga.
GDVERWENT LIABLE ’
FDD FULL VALUE OF
''DRAFTED”VESSELS
WASHINGTON, May 12.—When
the government requisitioned a ves
sel under construction during the
war it became liable, the supreme'
court held today, for more than the
bare material which hud gone into
its construction.
Stating that the decision would
cost the government $50,000,000, Jus
tice Mcßeynolds announced he and
Justice Sanford dissented, taking the
view that contracts requisitioned ter
minated the contract so far as the
claimants were concerned. Claim
ants x(rere permitted in their view.
Justice Mcßeynolds said, to recover
the speculative value of their con
tracts.
“MASSACHUSETTS TRUSTS”
TAXABLE LNLER 1918 ACT
WASHINGTON, May 12.—“ Mass
achusetts trusts” were declared by
the supreme court today to be sub
ject to taxation under the federal
revenue acts of 1918, but. it was held
that they were not subject to taxa
tion under the revenue act of 1916
ns associations having capital stock
represented by shares.
ROAD NOT RESPONSIBLE
FOR ATTACK ON PATRON
WASHINGTON, May 12.—A
road company selling a through
senger ticket is not liable for an cisjT
sault committed by the employe oA,
a connecting line upon the holder
of such a ticket, it was held today
by the supreme court in a case
brought by the Missouri Pacific
I Railway company.
PORTO RICO potato plants. $2 thousand;
five thousand and up, SI.SO thousand; xv«
guarantee to ship on arrival of your order,
J. H. BrigAian. Baxley, Ga.
NANCY HALL AND PORTO RICO potato
plants; roots in damp protection; 500,
$1.38; 1,000, $2.58; postpaid; nice basket
free. Kentucky Plant Co.. Hawesville, Ky.
PORTO RICO potato plants, $2 thousand;
five thousand and up, SI.BO thousand; we
guarantee to ship on arrival of your order.
Riverside Plant Co., Baxley, Ga.
RED Porto Rican potato plants for sale.
Fulghiim Seed Co., Austell, Georgia.
Fill LT RY
QUALITY CHICKS—At lowest prices; 15
leading varieties. Front best laying
strains. Satisfaction guaranteed. Post
paid, 100 % live arrival guaranteed. Bank
reference. Write for our big tree illus
trated catalog before ordering. Lind
strom Hatchery, Box 457, Clinton, Mo.
QUALITY CHlCKS—Postpaid; Leghorns,
•20e; Rocks, Reds, Orpingtons, Wyan
dottes. Anemias, 12c; Lt. Brahmas, 15c?
Assorted. 7c. Catalog gives quantity
price Missouri Poultry Farms, Colum
bia, Mo. x
BABY CHICKS —Send for valuable free
chick-book ami exceptional 1924 pricefl.
Rusk Brothers, Box 133, Windsor, Mo.
CIIIX—Per 100, prepaid. Leghorns, Ane.onss, $10;
Rocks Reds; $12.00, others $13.00, assorted SO,
quick delivery; circular. QUALITY POULTRY
FARM, Box 1428. WINDSOR. MO.
PRIZE Amona pullets and eggs, Dixie
Products Co., Austell, Georgia.
— r 1 -*
F< >R SAI.E— MISCF4.LANEOU S 1
L'. S. GOVERNMENT saddles, complete I
with leader- ;ug«r '•• straps, real russet
eowhide, A grade, brand-new, $6.20; same, |
used, $5.10; perfect condition. Army bri- j
dies, double bit, double rein, new, $2.50, ased, I
SI.BO. New army saddle bl tnke/s, won! i
lined, $1.25. Us’d sad<" ags in perfect I
condition, s2’9 Will ship C. O. D., ex-i
press, allow examination, or can ship parcel I
post. \V. \V. •v'llliams, Quitman, Ga. j
MAGICAL GOODS Novelties. Lodestone, i
Herbs, Cards, Dice, Books. Catalog Free. |
G. Smythe Co.. Newark. Mo.
J.NSI RE vol R COTTON AGAINST THU,
BOLL WEEVlL—Attractive prices cal-f
ciiiin arsenate and dusting machinery, (
SOUTHERN SUPPLY CO., Newnan, Ga. I
TOBACCO—Postpaid, guaranteed best red I
leaf chewing, 5 pounds, $1.55; 10, $2.80; (
smoking, 20c pound. Mark Hamlin, Sharon, I
Tennessee.
BROWN sugar and rye malts for sale. dB
Nichols Co.. Austell. Georgia. j
■—
J PATENTS
INVENTORS should write for our guide
book, "How to Get Your Patent." Tells
terms and methods. Send sketch for our
opinion of patentable nature. Randolph A I
Co.. Dept. 60. Washington. D. 0.
MEDICAL I
DROPSY TREATMENT I
I give" quick relief. Dis- '
, A I tressing symptoms rapidly
WhL y A disappear. Swelling a n
\ W short breath soon gone. Often .
entlrs relief In 10 days. Never I
(111*- heard of anything Its equal .
r ° r dropsy. A trial treatment |
Re,lt by mall absolutely FREI£
DR. THOMAS E. GREEK
Box 18. CHATSWORTH, GA. |
lecTsores
Healed by ANTI-FLAMMA—a soothing
antiseptic Poultice. Draws out poisons,
stops Itching around sores and heals while
you work. Write today, describing case,
ano get FREE SAMPLE. Bayles Dis
tributiffll Co., 1820 Grand Ave., Kansas
City. Mo. .