Newspaper Page Text
6
Tri-Weekly Market Reports
COTTON
NEW YORK, July 14. Cotton
market opened barely steady today
at a decline of 4 to 17 points in re
sponse to disappointing Ltve’Yool
cables and reports of good weather
in the south, except sections cf the
eastern belt. Renewed covering of
July checked the decline right after
the call, however, and ti.at position
sold up to 30.15, a net advance < f 21
points, new high ground for the
present movement. This started buy
ing of later deliveries and the gen
eral market was firmer toward the
end of the first half hour. October
selling at 25.40, or 14 points net
higher. Offerings, were comparative
ly light after the opening decane,
selling on the talk of improving crop
prospects in the southwest being
checked by nervousness over contin
ued showers in the Carolinas and
Georgia.
A sensationally rapid break in the
price of July at New Orleans at
tributed to sales of a few hundred
bales, had an unsettling effect on
the market here in the early after
noon. July sold off to 29.90 c and Oc
tober to 25.15 c, or 4 to 11 points net
lower. The market soon steadied on
renewed offering, however, and at 2
o’clock was comparatively quiet,
within a point or two of Saturday s
closing figures.
NEW YORK COTTON
The following were the ruling prices In
the exchange today:
Tone, steady; middling, 31.30 c; steady.
Last Prer.
Open. High. Low. Sale. Close. Closs.
July .. 29.98 30.47 29.90 30.28 30.28 29 91
Oct. .. 25.12 25.63 25.10 25.29 25.29 25.20
Dee. .. 24.48 24.95 24.32 24.60 24.58 24.07
« Jan. ..24,3024.8024.1524.3024.3824.47
Mar. .. 24.54 24.97 24.45 24.67 24. GE 24 64 ,
May .. 24.60 25.0 G 24.60 24.68 24.68 24.74 ,
NEW ORLEANS COTTON ' i
NEW ORLEANS, July 11.—The
cotton market opened fair.ly steady 1
but first trades were 8 to 11
points down on new crops, owing to
cat les not meeting expectations. The
market promptly rallied, however, on
buying induced by reports of un
favorable weather, particularly too
much rain where not wanted. Octo
ber traded up to 24.49 or 14 points up
from the low and December to 24.33
or 8 points up from the low. There
was little interest in July, only a few
trades being reported at 28.60, two
points below Saturday’s c.’cse.
Weather was about the only in
\ fluence apparent in the early trad
ing.
Although the census report show
ing domestic mill consumption for
June was below expectations, it
failed to induce selfing. On the other
hand, some buying was stimulated
by the forecast for continued show
erts in the eastern belt and rumors
of disappointing mid-month cond •
tion figures. July continued relative
ly firm, selling up to 30.47, 53 points
net higher, and new crop months
showed net advances of 30 to 38
with October ruling around 25.63 at
mid-day.
The market rallied sharply during
the morning owing to the weather
map showing too much rain in the
eastern belt and too little in the west
where needed. Bullish sentiment
was also stimulated by, the census
bureau showing small mill stocks
although the consumption total for
\ June was less than expected. July
traded up to 29.05, or 65 up from the
early low. October advanced to 24.82
and December to 24.69, cr 52 points
up from the lows. Later in the
morning heavy selling of July by
local spot interests mainly caused
that month to slump off to 27.05 or
the full limit of 200 points under the
early high. New crop months de
clined in sympathy, losing ah 'the
early gain and trading back to within
a point or two of th* early lows.
The market continued to ease off
on new crcp months during the noon
hour, but July rallied to 27.90 c, or 85
points up from the low. October de
clined to 24.18 c and December to
24.05 c, or 64 points down from the
highs of the morning and 28 points
net lower than Saturday’s close. The
tone was steadied during the early
afternoon and new crop months ral
lied about 30 points from the low
levels of the day. The better tone
I® was based largely on high tempera
tures in the west. Texas showed 100
• to 108 degrees Sunday at twenty
one stations.
NEW ORLEANS COTTOM
Th* following were the ruling prices l»
the exchange today:
. Tone, steady; middling, 29.25 c; quiet.
Last i’ree.
Open.. High. Low. Sale. Close. Close.
July .. 28.60 29.05 27.05 27.75 27.75 28.62
Oct. .. 24.35 24.82 24.18 24.50 24.47 24. 16
Dec. .. 24.25 24.69 24.05 24.33 24.30 24.33
Jan. .. 24.34 24.63 24.04 24.30 24.30 24.34
Mar. .. 24.30 24.54 24.30 24.54 24.30 24.88
May .. 24.45 24.48
SPOT COTTON »
Atlanta, steady, 29c.
New Y’-X,
New Oitwins, steady, 29.25 c.
, Galveston steady, 29.55 c.
Mobile, steady, 28c.
Savannah, steady, 28.75 c.
Wilmington, steady, 28.80 c.
Else/ Norfolk, steady, 29c.
L; Boston, nominal.
Dallas, steady, 28.25 c.
| Montgomery, steady, 28.25 c.
Houston, steady, 28.50 c.
Memphis, 29c.
Augusta, steady, 18.38 c.
ATLANTA SPOT COTTON
Atlanta spot cotton 29c
Receipts 3f»o
Shipments ... .. 106
Stocks 7,362
Kf® LIVERPOOL ~COTTON
LIVERPOOL, July 14.—Cotton, spot,
quiet; prices steady; good middling, 17.74 d;
fully middling. 17.09>d; middling, 16.49 d; low
middling.- 15.64 d: good ordinary, 14.646:
. ordinary, 14.14 d; sales, 5.000 bales, including
g" <»3oo American: receipts, 9,000 bales, no
P?■ American.
Futures closed quiet and' steady, net 32 to
Ete ■ .41 points above close.
fc ' Tone, steady: sales. 5.000; good middling,
r ,7T4a -
Prev.
Open. Close, Close.
■ July 16.57 16.51 16.19
August 15.71 15.72 15.39
September 15.22 15.19 14.83
October 14.67 14.63 14.22
November 14.41 14.05
December 14.25 14.31 13.95
January 14 30 14.26 13>8
February 14.20 13.'-2
. March 14.19 14.17 VL’.S
April 14.11 13.72
* May 14.05 14.06 13 67
June 13.94 13.5.,
COr"ONSEED~Oir MARKET
Open. Close.
K? % Spots 12.00 bid
July 11.80.fi 12.50 12. OOM 1'
Awroat 11.704112.00 11 !>5 (<(.’- 05
September 11.614ri1.62 ii.79mii -n
October 10.704110.72 10.956- tn ; s
November ...... 9.8. W 9.x<> io.om, to t<i
December ...... 1».7S ft.tWt 1».’.»5
January ........ 9;7O<R ».so o.oom !> ■><;
® February ....... f>.7o<tr o.tx) p.Psfc it'.i 5
Tone firm, sales 26.2QQ.
K x . METAL MARKET
NEW YORK, July 14.—Copper. str.i.b
electrolytic, spot and near-by. i2\e. :
meuHc
Tia. firm; spot and near-by. $c . : f
■ tore*. $4 «>■*?.
Iron, steady; No. 1 northern. «".>
21.00; Ke. 2 northern. $19.00fc20 C’>: N
southern, 19.00.
Leady, steady; »i»t. $7.00.
East St. Louts, spot, $5.83;
&a * - - *i**.*»»k i•fc . A e/w'w.
GRAIN
NEW YORK (Mondavi. July 14.
Extreme weakness in Brazil issues
was again the feature of trading in
bonds today. New lows for all the
obligations, both of the federal gov
ernment and of the state add muni
cipal governments were recorded.
Only the 7 1-2 per cent coffee secured
loan, the security for which does not
rest upon conditions in Brazil, resist
ed ' the slump. Before noon Brazil
7 ’s had droimed four noints, while
the state of Sao Paulo B’s were down
2 1-2 points at the extreme low, and
Brazil B’s nearly three points.
There was remarkably little sym
pathetic reaction in other foreign
bonds. Even the Bolivia B’s were
comparatively unaffected and it was
in Bolivia that minor disturbances
had been reported. Os the European
bonds, the Jugo-Slav B’s recovered
after the weakness of last week.
Frencty issues were steady.
The general domestic bond market
was dull and a trifle heavy, although
not at all weak. In view of the mon
ey situation, it is difficult to see how
any substantial reaction can be ex
pected. U. S. government loans were
a little higher and there was buying
by banks, although private individ
uals were supposed to believe that
the yield was no longer attractive.
The high grade rails and industrials
were quietly firm.
Among the more speculative is
sues Erie bonds were prominent, es
pecially the convertible 4’s and the
general 4’s. Missouri Pacific refund
ing 6’s and s’s of 1965 as well as the
general 4’s were well taken after the
slight reaction of last week The
block of $4,422,000 s’s of 1965 offered
today represented holdings of an es
tate and were sold to other private
buyers. St. Louis-San Francisco ad
justments and incomes were active
higher, and the same w?is true
of Seaboard Air Line adjustments.
Today’s new issues included $41,-
000,000 Houston Lighting and Power
5 s of 1953 to yield 5.6 per cent $1 -
000,000 City of Wichita Falls, Texas
5 1-2 s, due serially 1925 to 1950, to
yield from 4 to 4.85 per cent.
CHICAGO QUOTATIONS
The following were the ruling prices in
the exchange today:
Prev.
Open. High. Low. Close. Close.
WHEAT—
July ...,1.20% 123% 1.18% 1.23’4 1.18%
Sept. ...1.19% 1.23% 1.19% 1-23’4 1.18%
Dec 1-22% 126 1.22% 1.25% 1.21%
CORN— i 1
July ...1.08% 1.10 J.OB j.io 1.07%
Sept. ...1.01% 1.05% 1.01% 1.04% 1.00%
yoAis— 80 87,4 85% 87 ' /s 85%
July ... 55 56’4 54 % 55% 54%
Sept. ... 46% 47% 46% 47% 46%
Dee. ... 48% 49% 48'4 49% 48
•R Y E— j
July ... 85% 85% 82% 85 81%
Sept. ... 82% 84% 82% 84% 81 £
LAKD- 8785% 871/i 84 ’ zi
July ... 11.75 12.02 11.75 12.00 11 77
Sept. ... 11.90 12.17 11,90 12 17 1 97
O RIB S I- 12 05 12 - 32 71 - 97 12 ’ 3 ° 62
mlllbs-" 10 - W w - 10 10 - 9 »
f uly 10-90 10.90 10.90 10 70
Sept. ... 10.02 11.02 10.02 11.27 11.02
Oct u -45 H. 15 11.45
RECEIPTS IN CHICAGO
Wheat r °Ma y '
Corn I* ears
Oats •? cara
llol'n ••••••••••».. ,31 cHrs
VISIBLE SUPPLY
ine Visible supply of American min
S ’'vims t' Q a fOilOW ' n < 8 chan « e « in bushels:'
n neat decreased 176,000.
Corn decreased 1,613,000.
Oats decreased 961,000.
Hye decreased 923,000.
Barley increased 24,000.
CHIc??n AG ? > CA , S , H QUOTATIONS
J l ly W-—Wheat No. 1 hard
SL-2@1.25%: No. 2 hard, $1,226/1.211'.
Corn No. 2 mixed, SI.II@I.JIL. • No 2
yellow, $1.12@1.12%. /J ’ 2
.’B% ©sß.°* * Wh,te ’ No. 3 white,
Rye No. 2,
Barley, 7»@74%.
Timothy seed, $6.00(<?8.00.
Clover seed, tll.OOfelp.SO.
Card, $12.00.
Ribs. 410.75
Bellies, $ll.OO.
TOLEDO QUOTATIONS
TOLEDO, July 14.—Cloverseed, $11.75;
October, $12.02%; December, $12.45,
Alsike, cash, $10.65; August, $ll.BO.
Timothy seed, $3.75; September, $4.05;
October, $3.00.
CITY QUOTATIONS
. July 14 —Wheat No. 2
hard, $l.ll@l,31; No. 2 red, $1.17©1.19.
$1 O8 rn: N °’ 2 yelio ' v ' * I,U: No - 2 n>>xed,
Oats No. 2 white. 61 @62.
GRAIN MARKET OPINIONS
Clement, Curtis & Co.: The world s sit
uation continues firm.
Bartlett, Frailer & Co.: There Is every
prospect of higher prices for wheat. Advise
caution against undue bullishness in new
corn crop.
Lamson Bros.: Canadian conditions will
be tha big factor in wheat, d.-.nbt the td-
Vlsabil.ty of buying evru on bulge.
•stein. Alstrin & Co.: A'lvauc'.ug markets
are ant.eipated.
Hulburd, Warren A la.: Wheat shouTl be
bought on every little weakness.
NEW YORK PRODUCE MARKET
NEW YORK, July 14.—Flour; Dull but
firmer.
Pork—Dull; mess. $25.?8@29.25.
—Firmer; middle west spot, $12.40®
12.50.
Sugar—Raw, quiet; centrifugal, 96-test,
5.00 c: refined, quiet; granulated, 6.70@«.90c.
Coffee—Rio No. 7, on spot, 15’Ac; No 4
Santos, 19%@20%c.
Tallow—Firm; specials, 7%@7-%c.
lISSS"" 5 K °- 11 skss ® l - 60; No- 8.
Dressed Poultry—Dull; turkevs, 20@40.
chickens, 30©43c; fowls, 16@30c; ducks.
28c: Long Island. 22c.
Live l*oultry—Dull; geese, lOS'll) 1 .?;
ducks, 13(§23c; fowls, 19®25c; turkevs, 20
®3oc; roosters. 14c asked.
Cheese—Dull; state milk, common to spe
<’la'K - 14@26c: skims, common to specials.
11111. 13c; low grades, 4® 10c.
Butter—Steady; receipts, 38.450 tubs:
creamery, extra. 38%c: creamery, special
Danish, 43«743V-c* Ar
gentine, 37®39c.
Eggs—Dull; receipts, 13,423 cases; near
by white fancy, 4V@42c: near-by state
whites, 27%@3»c: fresh firsts. 26 >4 W 32.*:
Pacific coast extras, 31®39c; western
whites, 27%©3»c.
NEW YORITcOFFEE MARKET
NEM YORK, July 14. —Brazilian politi
cal news led to a heavy* buying movement
in the coffee futures market today which
forced prices ».> points higher, September
selling at 14.85 ami December selling at
14.25. It was feared that if the revolu
tion in Sao Paulo should last much longer
there would be a scarcity of coffee in
consuming countries.
July 15 55
September "
October 14.00 bid 14.75
December .13.706713.76 14.55
' ,arcl ' - 13.50® 13.25 14.12
** a y 13.30 13.1*0
Sugar Market
NEW YORK. July 14.—Raw sugar tods.'
was firm and higher early on a sale of
а, bags Porto Ricans to a local refiner
for prompt shipment establishing a spot
price of 5.L5c for Cubans, duty paid.
Steadiness of raw sugar futures reflected
the firmer attitude of spot holders, and
on commission house support. Prices were
two to four points net higher at midday.
Refined was quiet and steady at 6.70 to
б. for fine granulated.
Refined futures were nominal.
NEW YORK RAW SUGAR MARKET
Open. Close.
July 3.37
September 3.47*73.46 3.47(<i3.4>'
December3.4o4l3.4l 3.43G3.44
March 3.23 «i 3.22 3.33
May 3.29*j3.J0 3.30 *
COOK CASE KILLED
AS JUSTICES DENY
APPEAL FOR DELAY
FAIRBURN, Ga., July 12. A
tribunal of three justices of the peace
this afternoon dismissed for lack of
sufficient evidence to convict, a war
rant charging kidnaping to H. W.
Cook, a wealthy Campbell county
banker and planter, in connection
with the disappearance of Agnes
Purmort, youg daughter of a tenant
on one of Mr. Cook’s farms.
When the case was called at 3
o’clock Saturday afternoon. Attorney
L. S. Camp, representing Mr. Cook,
announced “ready” for the defend
ant, but Attorney W. E. Suttles, rep
resenting Mr. Purmort, announced
that, the orosecution was unable to
proceed because of its inability to se
cure certain material witnesses. He
asked a delay until these witnesses
could t>e secured.
Attorney Camp objected to the de
lay, and after a consultation the tri
bunal upheld the objection, refused
to grant the delay and dismissed the
warrant.
The case was heard before. Justice
of the Peace J. R. S. Stovall, presid
ing, assisted by Justices C. J. Jeans
and J. M. Camp. Justices Jeans and
Camp were called in by Justice
Stovall, it was stated under the au
thority of the law which gives to a
presiding justice the power of call
ing in one or two associate justices
at his own discretion.
Mr. Cook made no statement aft
er the warrant was dismissed. He
is still under bond on two other war
rants charging him with forgery and
larceny after trust. Hearings have
not been held on these charges.
Mr. Cook returned to Fairburn Hast
Sunday after having been missing
since about the time of the Purmort
girl’s disappearance.
The Purmort girl is said by her
father to have been last seen at Py
rone, a station on the A., B. & A.
railroad about six miles from this
place. She is said to have boarded
a train there, and her father charged
in taking out ,the warrant that Mr.
Cook boarded the same train about
four miles further down the ling.
A nation-wide search for the miss
ing girl, has been instituted by offi
cials of the department of justice.
July Crop Report
IVitli the condition above average on July
Ist and forecast production of about 63,000,-
000 bushels indicated in the monthly report
of the Georgia! Co-operative Crop Reporting
Service, Georgia bids fair to produce a corn
crop this year much larger than has been
realized for the past two years.
The official acreage is 4,115,000, an in
crease of 2 per' cent over last year. The
above acreage, with the condition figure
of 86 per cent of normal, indicates a prob
able production of 62.960,000 bushels, as
compared with 49,215,000 bushels last year;
52,600.000 bushels in 1922; aud the five
year average of 64,158,000.
While the crop is late, satisfactory prog
ress was made during the month of June.
The color is good for the most part and
fields fairly clean. The crop in the state,
as a whole, is in better condition than it
has been on this date for tiie past two
years. Rains the latter part of June came
in time to benefit some localities that were
beginning to suffer from lack of moisture.
Peanut Acreage Increased 25 Per Cent
With the old commercial area of south
ern Georgia making a material increase in
peanut acreage, and several counties in
northern Georgia planting commercial acre
age—some for the first time—the official
acreage -for the state is placed at 199,000,
25 per cent greater than it was last year.
Acreage for previous years: 1923, 152,000;
1922, 160,000; 1921, 202,000.
The condition of the growing crop is
much better than it was at this time last
year, and is about average. The condition
of 87 per cent of normal, indicates a prob
able production of 125,590,000 pounds, com
pared with 77,824,000 pounds last year,
96.325,000 in 1922, and 133,320,000 in 1921.
For the entire United States, the official
acreage is 950,000, compared with 884,0(Mi
last year and 1,005,000 in 1922. The con
dition of 82.6 per cent of normal forecasts
a probable production of 676,790,000 pounds.
I'nited States production for previous years:
1923, 636,462.000 pounds; 1922, 633,114.000
pounds; and '1921, 829,307,000 pounds.
Heavy Increase in Tobacco
Georgia’s tobacco acreage has reached a
new high mark this year, due to the tre
mendous increase throughout the bright to
bacco area. The official acreage of all
types is placed at 34,000, being exactly
twice as large as last year, and 7,000 acres
above the previous record, reached in 1919.
The shade tobacco area in Decatur and
Grady counties is considerably less than
last year, while there is an increase in the
sun or filler tobacco.
The crop is in better condition than Inst
year, nnd above the average. The condition
is 90 per cent of normal: last year at this
time it was 88 per eeut; and the ten-year
average is 82 per cent.
The United States acreage is less than
last year, being 1.702,000. as compared witli
1.802,000 last year. The average condition
of the crop for all states, 78.8 per cent
of normal, compared with 82.5 per cent
last year.
Sweet potalo aci“age is the same as it
was last year, weather on.litions and
scarcity of plants preventing an ii:t< nded
increase. The condition is a little below
average.
Soy beans are steadily gaining In favor
and show a further increase tn acreage
this year. The crop is in somewn.it better
condition than at this time last year.
The cowuea acreage shows a reduelion,
due largely to the high price of seed. This
crop is being replaced by soy beans in some
sections where the latter crop lias proven
less susceptible to disease, insect in-pre
dations and weather cxtreui”s.
Condition of Georgia crops with compar
isons— per eent of normal;
10-year
1924. 1923. Av'ge.
Corn st; 7-j st
Sweet potatoes 84 85 87
Tobacco 82
A’pples 78 55 64
Hay—Tame S 4 SI S 3
Alfalfa 84 S 9 st
Pasture 87 92 85
Pears 72 57 57
Watermelons, canteloupes. 7s 60 77
Soy beans SS vi
Cowpeas 84 S 3
Sorgliutn St! 78 86
Peanuts 87 so 86
Pecans 7’l S'.l
Sugar cane SO S 3
Riee 79 85 86
Velvet beans s* 86
Home gardens S 3
MUTT AND JEFF—STRANGE MUTT NEVER THOUGHT OF THIS BEFORE —BY BUD FISHER
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I Q.. . rapAjArvi • \ OGueGAVCS that My \ smith can simg "on THe I hoo: y ‘N MOURNING ) ®
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COTTON MILLS OF SOUTH
PAY $3,000,000 IN DIVIDENDS
SPARTANBURG, S. C„ July 12.
Dividends paid to stockholders by
cotton mills of the south during the
first six months of 1924 aggregated
more than $3,000,000, of which $2,-
000,000 was paid by tiie various mills
of South Carolina.
These figures are very satisfac
tory to textile manufacturers in
view of the fact that the textile
’nlustry is passing through a period
of depression and many mills have
been forced to curtail operation
schedules.
Dividends paid out by South Caro
lina. mills on only 1 were as follows:
Abbeville Cotton Mills, 3 1-2 per
cent; $635,400 Com., $22,239.
Alice Mills, 3 1-2 per cent; $500,-
000 Ires., s]7.si”J.
American Spinning Co., 5 per
cent; $525,000 Com., $26,250.
Aragon Cotton Mills, 2 per cent
quarterly; $500,000 Com., SIO,OOO.
Aragon Cotton Mills, 3 1-2 per
cent; $160,000 Pref., $5,G00.
Arcadia Mills, 5 1-2 per cent; $200,-
000 Pref., SIO,OOO.
Arcadia Mills, 3 1-2 per cent; SBOO,-
000 Pref., $28,000.
Baldwin Cotton Mills, 4 per cent
annually; SBOO,OOO Com., $32,000.
Baldwin Cotton Mills, 7 per cent
annually; $182,400 Pref.. $12,768.
Beaumont Mfg. Co., 5 per cent
quarterly; $200,000 Com., SIO,OOO.
Beaumont Mfg. Co., 3 per cent;
$200,000 Pref., $6,000.
Belton Mills, 3 1-2 per cent; sl,-
400,000 Pref., $49,000.
Brandon Mills, 3 1-2 per cent;
$500,000 Pref., $17,500.
Brogon Mills, 2 per cent quarter
ly; $1,321,600 Com., $26,432.
Chesnee Mills, 5 per cen‘; $394,-
000 Com., $19,745,
Chiquola Mfg. Co., 5 per cent;
$358,000 Com., $17,900.
Chiquola Mfg. Co., 3 per cent;
$358,000 Pref., $10,740.
Clifton Mfg. Co., 4 per cent; $2,-
500,000 Com., SIOO,OOO.
dlinton Cotton Mills, 4 per cent;
$350,000 Com., $14,000.
Cowpens Mills, 4 per qent; SIOO,-
000 Pref., $4,000.
Darlington Mfg. Co., 3 1-2 per
cent; $300,000 Com., $10,500.
Darlington Mfg. Co., 3 1-2 per
cent; $500,000 Pref., $17,500.
Dunean Mills, 1 3-4 per cent quar
terly; $1,000,000 Pref., $12,500.
Enoree Mills, 1 3-4 per cent quar
terly; $365,000 Pref., $6,387.
Equinox Mills, 5 per cent; $300,-
000 Com., $15,000.
Fairmont Mfg. Co., 3 1-2 per cent;
$150,000 Pref., $5,250.
Gaffney Mfg. Co., 31-2 per cent;
$1,600,000 'Corn., $56,000.
Glenwood Cotton Mills, 2 per cent;
$1,200,000 Com., $24,000.
Gluck Mills, 5 per cent; $450,000
Com., $22,500.
Grendel Mills, 3 1-2 per cent; $750,-
000 Pref., $60,000.
Hartsville Cotton Mills, 31-2 per
cent; $750,000 Com., $60,000.
Inman Mills, 3 1-2 per cent; $600,-
000 Com., $21,000.
Jackson Mills, 4 per cent; $345,000
Com., $12,822.
Judson Mills, 3 per cent. 1 per cent
extra; $2,250,000 Com., $67,500x22,-
500.
Judson Mills, 1 3-4 per cent quar
terly; $1,000,000 Pref., $12,500.
Lancaster Cotton Mills, 5 per cent;
$1,600,000 Com., SBO,OOO.
' Laurens Cotton Mills, 4 per cent;
$1,050,000 Com., $42,000.
Lydia Cotton Mills, 4 per cent;
$160,000 Com., $6,400.
Kollohon Mfg. Co., 3 per cent;
$750,000 Com., $22,500.
Martel Mills, 1 per cent quarterly;
$1,000,000 Com., SIO,OOO.
Martel Mills, 13-4 per cent quar
terly, $1,071,400 Pref., $18,749.50.
Monarch Mills, 3 1-2 per cent; $3,-
000,000 Com., $105,000.
Monarch Mills, 3 1-2 per cent; sl,-
000,000 Pref., $35.00Q_.
Mills Mill, 4 per cent; $264,700
Com., $10,588.
Mills Mill, 3 1-2 per cent; $2G4,700
Pref., $9,264.50.
Oakland Cotton Mills, 3 per cent;
$50,000 Com., $15,000.
Orr Cotton Mills, 4 per cent; SBOO,-
000 Com., $32,000.
. Orr Cotton Mills, 31-2 per cent;
SBOO,OOO Pref., $28,000.
Pacolet Mfg. Co., 5 per cent; $2,-
000,000 Com., SIOO,OOO.
Pacolet Mfg. Co., 31-2 per cent;
$2,000,000 Pref., $70,000.
Pickens Mills, 2 per cent quarter
ly; $750,000 Com., $15,000.
Piedmont Mfg. Co., 4 per cent;
$1,600,000 Com., $64,000.
F. W. Poe Mfg. Co., 2 per cent
quarterly; $2,000,000 Com., $40,000.
Poinsett Mills, 3 per cent; $474,-
000 Com.. $14,220.
Saxon Mills, 3 per cent; $900,000
Com., $27,000.
Spartan Mills, 4 per cent; $2,000,-
000 Com., SBO,OOO.
Toxa way Mills, 2 per cent quar
terly; $500,000 Com,, SIO,OOO.
Victor Monaghan Co., 1 3-4 per
cent quarterly; $1,058,000 Pref., $lB,-
515.
Ware Shoals Mfg. Co., 3 1-2 per
cent; $300,000 Coni., $10,500.
Whitney Mfg. Co., 3 1-2 per cent;
$600,000 Com., $21,000.
Williamston Mills, 2 1-2 per cent
quarterly; $600,000 Com., $15,000.
Winnsboro Mills, 2 per cent quar
terly; $2,000,000 Com., $40,000,
Winnsboro Mills, 1 3-4 per cent
qu rterly; $2,500,000 Pref., $25,000.
Woodruff Cotton Mills, 3 per cent;
$787,500 Com., $23,625.
Woodside Cotton Mills Co., 3 1-2
per cent; $1,763,760 Com., $61,731.60.
Woodside Cotton Mills Co., 3 1-2
per cent; $2,263,760 Pref., $79,231.60.
The dividend figures for a large
number of leading mills, located out
side the state, with the rate, capi
tal stock and amount of dividend
follow:
Altavista Cotton Mills. 3 1-2 per
cent, $250,000 Pref., $8.75".
Bladenboro Cotton Mills, 3 per
cent, $265,000 Com., $7,950.
Columbus Mfg. Co., 4 per cent, sl,-
400,000 Com., $56,000.
Dacotah Cotton Mills, 5 per cent,
$600,000 Com., $30,000.
Dacotah Cotton Mills, 3 1-2 per
cent, $35,100 Pref., $1,228.50.
Dallas Mfg. Co., 3 per cent, $1,500,-
000 Com., $45,000.
Enterprise Mfg. Co., 1 1-2 per cent
Quar., $500,000 Com., $7,500.
Efird Mfg. Co., 5 per cent, sl,-
500.000 Com., $75,000.
Elizabeth City Cotton Mills, 2 per
cent, $300,000 Com.; $6,000.00.
Elm City Cotton Mills, 3 per cent
Quar., $315,000 Com., $9,468.00.
Erwin Cotton Mills Co., 1 per cent
Quar., $2,000,000 Com.; $30,000.00.
Fitzgerald Cotton Mills, 5 p.er cent,
$300,000 Com.; $15,000.00.
Fulton Bag & Cotton Mills, 31-2
per cent: $841,300 Pref.; $29,445.50.
Georgia-Kincaid Mills, 4 per cent;
$600,000 Com.; $24,000.00.
Georgia-Kincaid Mills, 31-2 per
cent; $1,300,000 Pref.; $45,500.
Halifax Cotton Mills, 4 per cent;
$170,000 Pref.; $6,800.00.
Hannah Picket Mills, 5 per cent;
$200,000 Com.; $10,000.00.
Hannah Pickett Mills, 3 1-2 per
cent; $500,000 Pref.; $17,500.00.
Indian Head Mills of Alabama, 5
per cent; $600,000 Com.; $30,000.
Locke Cotton Mills, 4 per cent;
$500,000 Pref.; $20,000.
Louisville Cotton Mills, 4 per cent;
$600,000 Com.; $24,000.00.
Manchester Cotton Mills, 3 per
cent; $500,000 Com.; $15,000.00.
Marion Mfg. Co., 1 per cent; $625,-
000 Com.; $6,350.00.
Milstead Mfg. Co., 3 per cent;
Quar.; $250,000 Com.; $7,500.00.
Muskogee Mfg. Co., 8 per cent;
$500,000 Coh.; $40,000.
Myers Mills, 3 1-2 per cent; $200,-
000 Pref.; $7,000.00.
Norwood Mfg, Co.; 2 per cent,
Quar.; $600,000 Com.; $12,000.00.
Patterson Mfg. Co., 2 1-2 per cent,
Quar.: $420,000 Com.; $10,500.00.
Perfection Spinning Co., 1-2 per
cent; SIOO,OOO Pref.; $3,500.00.
Pinkney Mills, 2 per cent, Quar.;
SIOO,OOO Pref.; $2,000.00.
Riverside & Dan River Cotton
Mills, 3 per cent; $7,500,000 Com.;
$225,000.00.
Roswell Mfg. Co., 2 per cent;
Quar., $225,000 Pref.; $4,500.00.
Sibley Mfg. Co., 2 1-2 Quar., $900,-
000 Com.; $13,500.00.
Wiscassett Mills. 5 per cent, $3,-
600,000 Com.; $180,000.00.
Unity Cotton Mills, 11-2 per cent,
Quar., $250,000 Com.; $3,760.50.
DEMOCRATIC CHANCES
BEST SINCE 1916 IF
WEST LIKES DAVIS
(Continued from Page 1)
absorbed in fcreign policy, would
have made the landslide as great,
no matter who the Republican can
didate who had been.
So in 1924 Calvin Coolidge is not
the issue. The east is more or less
contented from ''an economic view
point and is convinced that a change
is not desirable. The west is in the
throes of economic discontent and
ready to grasp at straws to obtain
relief. Neither the Republican nor
Democratic national conventions
really appraised the western polit
ical situation at its proper value.
But it is significant that John W.
Davis does. He deliberately selected
Governor Bryan, of Nebraska, as his
running mate as first proof of his
interest in the west. Now he will
campaign and endeavor to convince
the west that their hope lies in a
Democratic congress and executive.
Can Davis make the west feel his
progressivism? Wifi the feeling of
resentment over th?, record of the
last Republican congress crystallize
in the west?
The Republican party's record of
the last four years will be contrast
ed with the eight years of Democrat
ic rule and the problem of getting
foreign markets so as to imnrove the
price of farm products will be debat
ed most this year west of the Mis
sissippi.
West and South Can Win
Agricultural questions do not wor
ry the east. The cry about neutral
ity and keeping America out of the
war was a vital thing in the west in
1916, at the very same moment that
the east Vvas criticizing Wilson for
vacillation and praising Hughes for
his straight-from-the-shoulder speech
es about protecting American rights
After election the country woke up
to find that the west and solid south
could win an election.
That's why this year one cannot
dismiss the chances of John W
Davis without being sure that the
west is not on the point of fevolt.
Then the election of Calvin Coolidge
can be regarded as a foregone con
elusion. But the Democratic opportun
ity must (irst be disproved, and here is
the Democratic chance —its formula
of victory. If this combination fails,
no other will win, for the east is for
Coolidge and Dawes.'
Here is the electoral table which
at the moment, seems to indicate the
direction of Democratic opportunity:
WANTED
RAILWAY MAIL CLERKS
$1,600 to $2,300 /
I Franklin Institute. Dept. N-208, Rochester, N. Y.
* ear Sirs: Send me without charge, (1) Specimen Hail-
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non inini. ili it.lV *U. S. government jobs now open to men, 13 up. <•>)
I oil Senrt jjst ( f pxami , iat j on p| a ,. PS ; (4) H,. n d free illus-
bteatly work. ,N» layoffs. Paid _© trated book, "How to Get Government Positions.”
vacations. Travel—see your coun-
* ry - I Name
Common education sufficient.
Mail coupon today—SUßE I Address
Alabama, 12; Arizona, 3; Arkansas, I
9; California, 13; Colorado, 6; Florida, I
6; Georgia, 14; Idaho, 4; Indiana, 15;
Kansas, 10; Kentucky, 13; Louisiana, |
10; Maryland. 8; Mississippi, 10; Mis
souri. 18; Montana, 4; Nebraska, 8;
Nevada, 3; New Mexico, 3; North
Carolina, 12; Ohio, 24; Oklahoma, 10;
South Carolina, 9; Tennessee, 12;
Texas, 20; Utah, 4; Virginia, 12;
Washington, 7; West Virginia, 8;
Wyoming. 3; Davis total 290.
Republican:
Maine, 6; New Hampshire, 4; Ver
mont, 4; Massachusetts, 18; Connecti
cut, 7; Rhode Island, 5; New York,
45; Delaware, 3; New Jersey,' 14;
Pennsylvania, 38; Michigan, 15; Illi
nois, 29; lowa, 13; Oregon, 5; Cool
idge total 206.
Independent Republican:
Minnesota, 12; North Dakota, 5;
South Dakota, 5; Wisconsin, 13;
La Follette total, 35.
The electoral college consists of
531 votes of which 266 are neces
sary to a choice. Mr. Davis, ac
cording to the foregoing talite, could
lose 24 votes and still be the victor.
It will be noted that the tabulation
i gives Coolidge everything east of
the Mississippi with the exception
of Ohio, Indiana, West Virginia, and
the south. While Davis gets ev
erything west of the Mississippi ex
cept Oregon, Wisconsin, Minnesota,
North and South Dakota and lowa.
New York Not Certain
In 1916 Wilson carried Ohio and
New Hampshire but neither West
Virginia of Indiana. He also car
ried North Dakota which would
appear this time to be headed for
the LaFollette column. It will be
immediately argued by staunch
Democrats that the east is by no
means lost to Davis, and that if Al
Smith runs for governor of New
York he may swing the Empire
State into the electoral column for
Davis. The Republicans will by no
means concede cither Ohio or Indi
ana as lost to them. West Vir
ginia, being Davis’ home state, is
likely to go Democratic.
Californians will contend that
Coolidge will carry it because he
showed himself strong in the pri
maries against Hiram Johnson but
it will be best to await the develop
ment of the interesting contests go
ing on between the regulars and
the Johnson wing of the Republican
party before reaching a conclusion.
So in Indiana the verdict of the
people on tiie administration of Gov
ernor McCray, who now is in the
penitentiary, is giving the Democrats
hope. As for Ohio. Harry Daugh
erty may be an issue there just as
in the western states Teapot Dome
will be revived to the discomfiture
of the Republicans. The east has
already digested the oil controversy
and forgotten it but the west is
much interested in conservation of
natural resources, and all that goes
with it. Theodore Roosevelt won
the west that way and he was by
no means a radical. John Davis
may make a Roosevelt plea on con
servation. He will at any rate
carry the fight into the heart of
the west. It’s his one big chance.
Meanwhile the rise in the price of
wheat and corn is making the Re
publicans optimistic. The most that
can be (Said of the campaign at its
beginning is that it starts with a
sharp line of cleavage between a
contented east and a discontented
west and at the moment the chances
of victory for either party may be
said to be even.
HAMBONE’S MEDITATIONS
ByJ.P. Alley .
I swine leave djs place
es Miss Lucy don' stop
MAKIN' ME BATHE DAT
PESKY LIL pooDLE-DAW6J
i
(Copyright, 1924, by *he Bell Syndicate, Inc.)
Pyorrhea
Can Be Stopped In 24 Hours
If yon suffer from Pyorrhea, sore and
spongy gums, loose teeth or other
mouth irritations. I want to send you
my simple home treatment under plain
wrapper. It stops Pyorrhea in its
worst form, and is curing thousands
after everything else failed. Simply
send name for generous 10 day free
| trial offer of my secret home treat
ment. Address King Laboratories,
j Gateway Sta., Kansas City. Me.
'i . K.C L. »V, .1L 1.1 L 5,
lOSE ABOLITION
BILL IS REPORTEO
IN STATE SENATE
Abolition of capital punishment in
Georgia is contemplated by a bill fa
vorably reported in the senate Mon
day by the general judiciary com
mittee of that body. The measure is
by Senator Stovall, of the Twenty
ninth district, and makes life impris
onment the maximum penalty for
any crime under the law.
The special judiciary committee
recommended the passage of an act
increasing the salary of the judge
of the criminal court of Atlanta fiom
$7,500 tt> SIO,OOO per year.
A bill to require motorists to fur
nish their state license numbers to
city clerks, .was tabled after some
discussion.
Senator Pace, of the Thirteenth
district, presided in the absence of
President George Carswell.
The committee on the state sani
tarium at Milledgeville was given a
bill by Senator Ficklin to place two
women on the board of trustees of
the institution.
A measure by Senator Boyd, to
make estates of deceased persons
liable for the funeral expenses of the
deceased, was postponed for consid
eration until Thursday.
Adjournment was taken at 12:30
until 10 o’clock Tuesday.
Mrs. G. W. Don, president of the
Woman’s Christian Temperance Un
ion of New Zealand, made a brief ad
dress to the senate during the morn
ing, complimentng Georga and the
nation on the enactment of the pro
hibition amendment and the Volstead
act.
The senate, by a vote of 27 to 3,
passed a measure permitting street
railway companies to own stock in
corporatons operating motor bus
lines, issuing their own stock in
payment therefor.
Following is the only bill intro
duced in the senate on Monday. It
was referred to rhe committee on
general judiciary No. 1:
By Senator Gilles of 16th: A bill
lo define the crime of arson and at
tempt to commit arson, and pre
scribe the penalty thet’ei'jr, and for
other purposes.
Official Death List
Os Storm Put at 71
CLEVELAND, 0., July 12.
Seventy-one lives were lost in the
tornado which swept through Lorain
two weeks ago today, according to
the official Red Cross tabulation is
sued today.
In addition, the report shows 37
persons still missing and unaccount
ed for, 43 injured in a Lorain hos
pital and 188 others receiving daily
medical attention at Red Cross sta
tions.
BUY SELL
Classified advertisements in The Trl-Weekly Journal can be used by our
readers to sell anything useful to others and to buy many things they need.
Oftentimes things are offered for less than market price.
Tiie rate for this advertising is 60 cents a line for a week—three issues, be
ginning Tuesday. Six usual words are counted as fl, line. Two lines is the
smallest ad used.
Send your ad with payment to reach us by Saturday. •
THE TEH-WEEKLY JOUENAL
ATLANTA, GA.
wANIT ‘ I> tIELP ~
government life jobs. IMen,
women, 18 up. $95 to $250 month. Steady
work. Paid vacation. Short hours. Com
mon education usually sufficient. Pull un
necessary. List positions obtainable . a ”d
specimen examination questions, free. Write
immediately. Franklin Institute, JJept. N,
7’l, Rochester, N. V.
AXSISTAXT _ OVER ATI VES WA.XTEP—Ex
perience unnecessary. Good pay—travel.
Write Globe Secret Bureau, W 8 Sunnyslope,
Kansas City, Mo.
ALL men, women, boys, gut*. 17 to U 5, w,y
ing to »ccept government positions, gilt
s2so, traveling or stationary, write Hr.
(lament, 164 St. Louia, Mo., immediately.
WANTED HELP—FEMALE
EARN money at home during spare time paint
ing lamp shades, pillow tops for us. No can
vassing. Easy and interesting work. Experi
ence unnecessary. Nileart Company, 2258, Ft.
Wayne, I nd! ana.
WANTED—Ladies to embroider linens for us at
home during their leisure moments. Write at
once—"FASHION EMBROIDERIES." 1523,
J /hi) a, Ohio.
$35~ WEEK—Wanted, women, girls. Learn
gown making at borne. Sample lessons
free’. Franklin Institute, Dept. AL, 510,
Koulipstor, N. Y.
W ANTEIA-7 AGENTS
WOODROW WILSON'S LIFE, by JOSE
PHUS DANIELS, going like hot cakes.
Send for free outfit. Book written here.
JENKINS BIBLE CO.. Washington, l>. U.
AGENTS —Sell one dozen cans Madsime
Pouipad* ur’s Hair Pressing at 2>c <on,
keep half the money, send us half. Tin-
Niti Co., Augusta, Ga.
<7eT~< 'SAMPLK CASE—Toilet
articles, perfumes and specialties. Won
lerftiliy profitanle. La Derma Co., Dept.
.tJ. St. Louis. Mo.
VE START YOU WITHOUT A DOLLAR. Soaps,
Extracts. Perfumes, Toilet Goods. Expert
nee unnecessary. Carnation Co.. Dept 240. St
.ouis.
FRUIT TREES for sale. Agents wanted
Concord Nurseries Dept. 20. Concord. Go
~yy.ANTEI»-- NALEMEN
WANTED- TAILORING SALESMEN
MAKE S6O to $125 per week. See year own
profit on each sale. We show I irgest :•«-
sortment. guaranteed all-wool •mitings and
avercoatings. retailing for $25 Our
tnade-to-order clothes are ai d
lowest, in price. Absolute satisfaction guar
anteed or no sale. This is your opportunity
—you can make big money—a hustler can
make over SSO a day. Write for big sample
equipment, to be shipped prepaid, and please
give all information about yourself. Ad
dress M. J. Dawes, Sales Manager, Box 4X3
Chicago. 111.
FRUIT TREE SALE S M EN— Profitable
pleasant, permanent work Good side line
for farmers, teachers and others. Concon
Nurseries. Dept. 20. Concord. Ga.
NOTIFYING CF DAVIS
WILL TAKE PLACE IN
CLARKSBURG, W. VA
(Continued from Page 1)
administration. The influence
taxation and foreign relations,
which have been so horribly
manhandled by the Republican
and power of these progressive
forces must not be dissipated
by division between various po
litical movements. They must
rather be consolidated and used
like an irresistible battering ram
by that party which offers thj
best instrumentality for servio*
to the people.
“Clearly there is no prom
ise in the Republican party.
Clearly there is promise in
the Democratic party if this
progressive influence is wisely
and vigorously used within
that political organization. The
hope of genuine reform and
progress is more likely to be
realized at this time through
the Democratic party than
through any of its opponents.
“I shall therefore give the
Davis-Bryan ticket my cordial
support and shall take part in
Ihe campaign upon my return
early in September.”
A Vegetable Relief
F° r Constipation
y / Nature’s Remedy (FRTab
n pz/jplH lets) a vegetable laxatiwj
-1 with a pleasant, near-tW
nature action. Relieved
and prevents biliousnwJl
s k i J constipation and sicA
headaches. Tones and
strengthens the digestion
assimilation.
■-T' Get a 25c: Uted for
wM Boxouer 30
KRIf
jEgS off the Old Block
N? JUNIORS—LittIe N?s
■ 'AI The same N? —in one-third
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children and adults.
SOLD BY YOUR DRUGGIST
3 uC ->r 1 cawio«Fßt
Beautiful Thin 16-siie GuerMlt
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a watch you can be
proud of. Screw back 7-jew«
and guaranteed by the Factory. 7-Jewel. 20-Year Writ t
Guarantee. Agents wanted. Order s“jnp!e C <
today, nay on arrival $4.99. no more. Money * "
back if unaatisfaetory. UNITES STATES SUPPLY CO.
3926 N. Kimball Ave.. Dept. FB-20, Chi,, HI. •
for
CORN HARVESTER cuts and piles on harvest
er for windrows Alan and horse cuts an*
shocks equal Corn Binder. Sold in every stat.
Only $25 with bundle tying attachment. Testi
monials and catalog FREE showing picture t
Harvester. Process Harvester Co.. Salina. Kansai
INSURE your citron against the Doll weevil
Attractive prices culciuin arsenate w
dusting machinery. Southern Supply Cc.
Newnan. Ga.
TO B ACC o—l’ostpa id, gua ran teed* (vest mel
low leaf chewing: 5 lbs., $1.55; 10 lbs.,
$2.80; smoking, 20c lb. Mark Hamlin
SI in ron. Tenn.
MAGICAL GOODS Novelties. Lodeetone
Herbs. Cards, Dice, Books. Catalog Free
G Smythe Co.. Newark. Mo.
. ZL.. .
QUALITY CHICKS—
<Oc; Rocks, Reds, Orpingtons, Wyan
dottes, Anconaa, 19c: Lt. culimas, 15c
Assorted, 7c. Catalog gives quantitj
price Missouri Poultry Earms, Coluni
bia, Mo.
PERSONAL ~
M’.'.IILLAX’S GIiI.x’GONE ceres ail forms-'
lI'CH. Guaranteed. Not greasy; ONE apjvfl
ent ion toccasionally two, rarely three) only,
Postpaid, $1.05 Ca**efilll.v tested McMillat
Drug Co., 1300 Nl:ii i Ave,, ColumMa, S. C
HIGH blood pressure may be easily, Inex
pensively overcome, without drugs. Bern
address. Dr. E. Stokes. Mohawk. Fla..
TEACHER—Let me tell you how to -ret.
first-grade license. B. S. Holder, EllijaJ
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PI; INCI PAL three-teacher village scmM
salary SBO slnO. School. 80. JourX'yM
7.N V ENTOKS snould write for our grn<i«
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heard of anything Its
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sent bv malt absolutely FREE
DR. THOMAS E. GREEN
Box 18. CHATSWORTH, GA
LEG SORES
Healed by ANTI-FLAMMA—a soothing
antiseptic Poultice. Draws out poisons,
stops itching around sores and heals while
you work. Write today, deo::?1blng case,
ano get FREE SAMPLE. Bayles Dis
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Ci tv Mo.