Newspaper Page Text
6
Tri-Weekly Market Reports
| > COTTON I
NEW YORK. Dec. 17—The cot
ton market showed renewed firm- 1
ness in today’s early -trading, owing
to relatively firm Liverpool cables,
absence of hedge selling and better
reports from the local market for
cotton goods. The opening yas firm
at an advance of 12 to 19 points, j
Active months sold 24 to 28 »oints
net hith*** - before the end of the
first ball hour, January advancing
to 23.81 and May to 24.60. There
%is commission house realizing and
jp-jot house selling on the advance,
nut offerings were really absorbed
by Wall Street, Liverpool and local
buying. Private cables said the ad
vance in Liverpool was due to fur
ther covering of hedges by importers
and good support by trade houses.
Considerable southern hedge sell
ing occurred early, presumably
against the increased spot, bush ers
reported yesterday but Wall street
brokers were active buyers andthe
marker.' was firm, the -jdvam e ex
tending to 23.90 for January and
24.66 for Mai making net gains of.
30 to 35 points and new high ground
for the present movement. At this
level demand tapered off somewhat
and there were reactions under real
izing, prices at midday showing set
backs of 9 or 10 points from the best.
The market showed renewed
strength in the early afternoon and
continued covering and buying
which appeared to come largely
from,Wall street. It was promoted
by reports of continued good de
mand for ocean freight room for
cotton shipment from the south and
reiterated reports of a strong spot
situation. January sold up to 23.91
and May to 2-1.69, active months
showing net advances of about 36
to 37 points at 2 o'clock.
NEW YORK COTTON
The following were the ruling prleee 1»
■ the exebango today:
Tone, steady; middling, 24.25 c; steady.
Last ITnr.
Open. High. Low. Sale. Close. Close.
Dec. ...23.60 23.80 23.58 23.74 23.74 23.46
Jan. ...23.65 23.93 23.65 23.84 23.82 23.55
Mar. ..24.10 24.33 24.09 24.26 24.25 23.96
May ..24.50 24.70 24.48 24.65 24.61 24.32
July ..24.66 24.79 24.61 24.77 24.77 24.47
11:45 a. m. bids, steady; December, 23.60;
January, 23.73; March, 24.12; May, 24.49;
July, 24.61.
NEW ORLEANS COTTON
NEW ORLEANS, pec. 17.—The'
cotton market had a good opening i
mainly on firmer Liverpool cables]
tnan due. First trades showed gains
of !• to 11 points with brisk trading.
The market continued to advance,
stimulated by improved demand for
cotton goods, New York reporting
sales of print-cloths of about 180,01)0
pieces at an eighth of a cent ad
vance. January traded up to 24.10,
March to 24.20 and May to 21.45 or |
23 to 28 points above yesterday’s
close. Sentiment was bullish and I
promise of unsettled and colder •
weather in the belt had a sustaining '
Influence. The Brazilian cotton crop
was estimated at 660,000 bales
against 719,000 last year.
The market continued very steady
nil morning with the trend upward.
Although some opposition to the ad
vance was encountered the reac
tions were slight and short-lived.
January traded up to 24.19 c, March
to 24.30 c and May to 24.55 c, or 33 to
38 points above the close of yester
day. The main stimulating factor
was the strength of spots, both lo
cally and in other southern mar
kets. Both exports also aided in
the advance. New Orleans cleared
27,524 bales; Galveston, 48,218, and
Houston, 50,224. These three ports
have contributed 125,966 bales to the
day’s exports and other ports re
main to be heard from. Around
noon the market was a shade quiet
er, bCt- prices were steady and but j
little below the high points of the
morning.
NEW ORLEANS COTTON
The following were the ruling prices 1b
the exchange today:
Tone, steady; middling, 24.1.5e; steady.
Last prer.
Open. nigh. Lew. Sale. Close. Close.
Dec. ..24.05 21.42 21.05 21.31 21.32 23.96
Jan. ..23.92 24.23 23.90 21.16 21.15 23.83 (
Mar. ..24.01 24.33 24.01 21.24 21.22 23.921
May ..24.33 24.55 21.29 24.48 24.48 21.22'
July ..24.14 24.64 24.44 24.52 21.50 21.32
Noon bids very steady; December, 21.30; ■
' January, 24.13; March, 24.21; May, 24.46; I
July, 24.58.
CHICAGO COTTON MARKET
The following were the ruling prices io
tl-.e exchange today;
Last Prev.
Open. High. Low. Sale. Close. Close.
Jin. .. 23.65 23.90 23.62 23.90 23.50 23.65
Mar. .. 24.19 21.36 21.08 21.31 24.2(1 21.06
May .. 21.47 24.76 24.10 21.57 21.60 21.33
July 21.63
SPOT COTTON MARKET
Atlanta, .steady, 23.50e.
New York, steady. 21.25 c.
New Orleans, stead.'. 2t.ts<-.
Galveston, steady, 23.95 c.
Mobile, steady, 23.60 c.
Savannah, steady. 21.05,-.
Wilmington, stead,'. 23.70e.
Boston. nominal.
Dallas, steady, 24.05 c.
Montgomery, steady, 24.12 c.
Memphis, steady. 24c.
Charleston, steady. 23.(•**••.
St. Louis, steady, 23.75 c.
Houston, steady. 23.!*(*•-.
Augusta, steady, 23.82'-.
Norfolk, steady. 23.81,-.
ATLANTA SPOT COTTON
Atlanta spot cotton 23.5’ic
Receipts 2,07 1 1
Shipments 1,828 !
Stocks 67,2. • -
LIVERPOOL COTTON
LIVERPOOL. Pec. 17.—Cotton. spot, i
ouiet; prices steady; strictly good mid
tiling. 14 12d; good middling. 13.77 d: strict
ly middling, i :.57d; middling. 13.27,1; I
strictly low middling. 12.1*7,1; low middling. 1
12 57,1: strictly good ordinary. 12.176: good
ordinary. 11 57d; sales, 5.c00 bale-, inelud- i
nig 3.10t* Ametiean; receipts. 8.000 bales, i
including 7.s(io American.
Httnris closed very sternly, mt It to Is
points higher than previous ,los-.
Tone, vety steady; sales. 5.1(H) bales;
good middling, 13.776.
Prev.
Op 'it. Close. Cl, -
December 13.01 13. It* 1:1.02
Januaryl3.os 1'1.23 13.07
February 13.21 13.07
Marell 13.10 13.29 13.12
April 13.31 13.15
May 1.3.18 13.38 1.1.21
June 13.35 13.19
July 13.18 13.37 13.21
August 13.28 11.11
September ... 13.15 12.91
October 12.82 13.00 12.82
November .. 12.91 12.7.1
COTTONSEED OIL MARKET
Open. Close.
Spots 11.40 bid
Dec 11.505 i 11. mi 11..■*:;<<! i:. so
Jan 11. 55<<i 11 .65 'I . c.( 16< 11 .113
I’eh tl.ss«, t 11.75 1 ,i,m.( 1 * ,6‘i
'Ur h 11.7 B.t 11 .79 II I .82
April 11 •*<*',i 12.06 11 :2.05
•ia» 12. 17<n 12.22 12. 18 6 12.20
Juno 12.2(1'-> 12. :5 ■-“.-•Ou 12
J *l> 12 .:;.•>(<> 12.35 12.3310 12.31
AUOe. stead; . sal, - 49.600.
Naval Stores
SAAANNaIL Ga . Dec. 17 Tut peat :itc.
firm: 78, sates, iS*. receipts. 351; snip
merits, 2.1'61; stock, 11.251.
Rosin, fiim: sales. 1.392. receipts 1411,
shipments, !W; -took. 94.967
Quote: R to 11. St', 15; 1, 53.50; K.
4*l cA. M, $6 65; N. So 85, AVG $7.tV-. WAV.
*8.50: X, JS.SO . 5.75.
KANSAS CITY “QUOTATION’S
KANSAS CITY. De. 17 \x • \
, I No. 2 reit. 11
Corn. No 2 xidlon. SI V.> ,r 1.'9 ■•. No. 2
V rd. At 13« l f Idi.j,
• Mils, No, 2 white, 62c.
THE ATLA.X’TA TKLWEEKLY JOLKXAL
| GRAIN |
CHICAGO, Wednesday, Dec. 17.
I Making high records appears to be
jan every dtiy affair in the Avhcat
I market and today was no exception.
Trade is so bullish that nothing ap
pears to be able to check their en
thusiasm.
Corn and oats were inclined to
drag'. In corn, longs took profits on
immense lines while the bearish crop
figures depressed oats. Provisions
reacted after making ne.AA' high
marks for the season. Wheat con
tinued its upward trend today Avith
only temporary interruptions.
A report that Russia had purchas
ed flour equal to 500,000 bushels of
Avheat and the fact that only 17,000,-
000 bushels had been added to the
Avheat yield of this country in the
final crop estimate of yesterday aft
ernoon added to the bullish feeling.
A feeling is growing in the trade
that the market is advancing too
rapidly and that present high prices
may lead to substitutions and econ
oniy in consumption. The public
has entered the market on a broader
scale and this is preventing any re
action at the moment. Sane consid
eration of the netvs is no longer a
fact and attention is being paid only
to the bullish items and anything
of a bearish character is received
Avith silent contempt.
An official Argentine crop report
suggested that yields will come up
to previous expectations had no ef
fect on sentiment whatever. Sea
board told of sales of 500,01*0 bushels
of Manitobas to foreign buyers. Lo
cal exporters told of buying back
Avheat from aboard including some
hard Aviliters from France. This in
cluded Avheat sold fur January, Feb
ruary, March and April shipment.
Outside mills continued to buy, spar
ingly.
Despite the sustaining influences
of a strong wheat market, the coin
market exhibited a reactionary ten
dency. Higher prices were estab
lished at the opening as the result
of commission house buying based
on the reduction of a 41,000 bushel
in the crop yield. The bulge brought
out heavy selling by longs and the
market soon reflected the effect of
this pressure. Contract grades of
cash corn followed the trend of the
futures, but the off grades sold at
le Avider discount. Country offer
ings to arrive were practically nil.
J Shipping demand also was moderate,
j Oats had an easier trend. The
, crop estimate showed a yield second
largest on record and this upset
the morale of the bullish inclined
traders. Selling was mostly by longs
but good buying was encountered
on the dips because of the strength
in- Avheat and rice. Eastern buyers
are taking hold sparingly and the
moderate shipping sales offset the
j effect of the lighter movement.
i Provisions met with active buying
at the opening and new high records
for the season were posted shortly
! after. The heavy tone in'corn led
to profit taking by longs and prices
reacted under this pressure.
CHICAGO QUOTATIONS
Tlie following were the ruling price* in
;he exchange today:
I’rev.
Open. High. Low. Close. Close.
WHEAT—
Die. ••• 1.66 b 1.6.8 1.66% 1.63 b 1-65%
May ... 1.70'., 1.72 b 1-69% 1.70 1.70%
July ... 1.49% 1.50 1.47 b 1.47 b 1.19%
CORN
pee. ... 1.25% 1.26 1.22% 1.23% 1-26
May ... 1.31 ].,3t |.2S 1.2,8% 1.31
July ... 1.31',, 1-32 1.28% I •’S-- s 1 31*
Dei- 60', t;nt., ,5c% ,-,st 2
May ... 65 % 65% t;;5-% f, | 415%
•Inly .... t;i ( ;|% ojt., (jjt.,
RYE— ‘ \
Dec. ... 1.41 % 1.47 1.11 1.11% 111
May ... 1.19 1.52% 1;49% 1.49*., 1.49
i LARD—
Jail. ... 16.61 17.02 16.(17 16.75 16.8’0
May ... 17.10 17.37 17.00 17.10 17.07
SIDES—
-,HII 11.1*5 11.70
May ... 15.:;5 15.05 15.35 J 3 l7 )5 K
IIELI.IES—
•,Ii" 15.50 15.45 15.50 15.15
j RECEIPTS IN CHICAGO
! Wheat To,l « r ’ „
lie?
]*"••!<•/e«:>
Ul ’ ss head
CHICAGO CASH QUOTATIONS
CHICAGO. D.e. 17. Wheat, No. 2 hard
81 .(>*'<« 1 .(>:*% : No. 3 hard. $1.67 %so l .68
2 81,26: No. 2'yellow,
l.Ojj.
Oats, No. 2 white. 62(&63c; No. 3 white.
•>B-' l (a OOe.
Rye No. 2. ,$1.45'4.
Harley. 73(<i!*8c.
Timothy seed. 86.00 m 7.15.
Clover seed, f 2
Lard. 816.70.
Ribs. $14.87.
Bellies. .815.87.
TOLEDO QUOTATIONS
TOLEDO, Ohio, Pec. 17.—Clover seed,
old. Sit*.o(*: new and December. 819 10;
Echrtni ry. $19.40.
Alsike, eash, old. .812.50; new. sl2.(K*.
Timothy seed, eash and December, 8.3.20.
Sugar Market
NEAV YORK. Dee. .17. —Raw sugar was
itn,hanged early today nt 4.90 duty paid
Io" nearbi sugars, and at 81.77 for .lannar;
shipment. There were sales of 45.000 bags
* übans, first halt JaitCKt-y clearance, <o
an operator at 81.77.
Eurth-r evening tip in December raw
sugar futures caused irregularity in that
position. -After selling at $3.85 or 1:, point
let higher, it ease,l off to $3.75, or only
five points above .the previous close. Oti<
, mon hs wen,- steady in sympathy and on
buying *,.< houses with trade and Cttitan
: eotii.eel ions. Noen prices were unchanged to
- one I'.d'it net higher.
Refined sugar continued quiet at formei
, pre-es of $7.15f<i7.b0 for fine granulated.
(Refined futures were nominal.
NEW YORK RAW SUGAR MARKET
Open. (lose,
j Ih'cember 3.75 3..*»’»
iJanuarv •» •»
i Man li -V s;5
! Mi!v 2. “*3 2.<13fri2.8l
I I*ly 3.(13 3.03
1 September .. . . • 3. 11 3.15
NEW YORK COTFEE MARKET
• NF.AA’ YORK. Dee. 17. Coffee. Rio No
17, 22%,: Santos. N.i, 4. 26",«.
Open. Close.
■ I >e-•••ml,er 21 ,oo 21.00
Mr. eh E.1.55 19.61 f<i 19.65
M.n 15.t15 15.85
•li’l.v 1.8.45 18.28
tVptenibev 17. sq 17.65
i ’
Lib .’tty Bonds
NEAA- YORK. Dee. 17. —V. S. govern
ment liotlds dosing;
I iherty .;*..< 51G'1..,:
1 First is. bid 101.15
Second 4s. bid 100 20
■ First 4*,s 101.23
I Snd 4 ’ 10-1 27
| Third I', s lot ’0
Fourth 4>,s 101.2“>
1 . s. Treason is mo. >8
Treasury 4%s 105.7 i
NEW YORK PRODUCE MARKET
' Nl-.AA AoltK. Dee. 17.—Flour, firm at),l
, l“,rk. steady: mess. 534 .iH»'<t 35.00,
i Lard, higher; middle west s;a»t. 817.
| 17.15.
Si.ar. 1-aw. ease; tn', test.
! hell, duty paid, 4.90: refined, dull; grauu
, lat,-d. 715(,i 7,6(*.
* Coffee. Rio Xo. 7. on spot. 22 , ,c: No. 4
' Santos. 26' ,4,i 27, .
j Tallow, doll; specials. 10a s 4i 10%c.
| Huy. steady; No. 1. $1.30, No. 3, sl.lo@
! Pressed poultry, dull; turkeys. 25048,:
eliiekens. 20,(45. : fowls. 15fu3le; ducks, 20
j Long Islands.. 27029 c; capons 30
j Lu' |w»i:!rrv. unsettled: geese. 23037 c:
itlttei.s. 11-,.-X< .
| C:iee«e. qe-et: state m 'k, e.vnmon to st*"-
I i-ia’s. im... 2O’,;c, skims, c'.'Uimon to spe-
P-als, l<Sl9e.
COMMITTEE SCOPES
LOOSE METHODS IN
REHIE BURHU
WASHINGTON’, Dec. 15.—(’b:tir
man (,’ouzens, of the special senaie
committee investigating the internal
revenue bureau, declared in a stale
meat today that the committee had
found “much looseness in the execu
tion of the work” of the bureau, re
suiting in the apparent loss of "mi:-
lions of dollars of revenue to the
government.”
“In some of these cases,” tlm
chairman declared, "the department
officials have admitted errors, and
while the committee charges no dis
honesty, it finds much looseness in
the execution of the work.”
Noling that a review had been
ordered,of one. ease Involving apj al
leged over allowance of “$600,00(1 in
taxes to one company; Senator Cou
zens said special investigators were
now Avorking on other cases Avhich
will be taken up this week by the
committee. He invited the public to
send in suggestions for simplify ing
the procedure of the bureau as well
as the statutes.
Heavy Losses to Government
“This lack of uniformity,” Senator
Couzens declared, “Avorked great in
justice to some taxpayers and exces
sive reductions to others. The in
justice arose, not because the evi
dence showed that many taxpayers
paid taxes they should not pay, but
rather that taxpayers were relieved
who should not have been relieved.
“For example, a large shipbuild
ing concern on the Pacific was al
lowed a claim by the United States
shipping board involving SBOO,OOO,
and the same claim was allotved by ■
the internal revenue bureau, thus los
ing to the government, some $600,-
000 in taxes. It developed a cleat
case of lack of proper working ar
rangements betAveen the two depart
ments, the responsibility for which
was upon the internal revenue bu
reau.
"The committee has been assured
that an effort will be made to col
lect this $600,000, and if it is col
lected, as the committee believes it
should, fully ten times the cost of
the committee’s work will have been
collected in one case.
“The committee found other cases
where claims were allowed for
amortization on plants and equip
ment purchased before our country
entered the World war, and yet it
was clearly provided by statute that
only amortization Avas to be allowed
on war plants and Avar equipment
which Avere purchased after we en
tered the Avar.
\ “The committee also found that
taxpayers received advantages over
other taxpayers because of the meth
ods used in keeping their books. The
cases that the committee have ex
amined in this connection represent
a loss to the government, if the com
mittee's interpretation is correct, of
many millions of dollars of revenue.
“The committee has come across
some cases of what looks like what
is termed in Wall street as ‘washed
sales’ for the purpose of tax evasion,
and it appears that the bureau has
not given sufficient consideration to
these attempts to evade taxes. Tax
payers have made excessive claims
for amortization, alleging that they I
purchased excess facilities for war I
purposes. Laxity in fixing the ex- I
tent of the use of these plants sub- I
sequently to the war has developed
in our hearings.”
Tax returns of the I'. S. Steel cor
poration Avere taken up today by the
commit tee.
Chairman Couzens announced the j
case involved an alleged loss of re
turns to the government of about
$20,000,000 as a result of what the,
committee considered excessive a 1-1
loAvancc to the corporation on amor j
tization claims. He said he believed I
the evidence showed the corporation |
was granted excessive allOAvances tor
amortization upon its conversion
from a war operated plant to a pri
vate organization. The corporation’s
original amortization claim was $85.-
600.000, ho said, and about $55,000,-
000 was allowed.
Publishers Protest
Postal Rate Increase
Planned m House Bill
WASHLNGTON, Dec. 15.—Intro J
deetion of the bill proposing general i
increase in postal rates is planned I
by Chairman Sterling, of the senate !
postoffice committee, for tomorrow. ;
Recommendations of the postof- i
flee department have been received j
by Sert.-itor Sterling. The increases i
would be made to offset salary in- ]
creases for postoffice employes, au- |
tborized in a bill passed last session
and voiced by President Coolidge .
Senator Sterling is investigating the '
possibilities of linking the rate in-I
crease measure Avith the salary bill. ■
A letter from the American News
paper Publishers' association, pro- j
testing the proposed increase, was '
received l>y the committee.
The text of the letter in part fol-'
lows:
“As a plain business proposition,
newspaper publishers cannot see;
how an increase of two cents per
pound in the first and second zones, I
which is equivalent to 100 per cent i
ever the present nites, will provide j
;*ny additional revenue for the de- !
rartment when less than three years !
ago an increase of but a quarter of
a cent per pound cause a falling off i
in revenues of nearly a half million
dollars.
“This matter is so vital, not only
to the publishers but to the publi-'
at large, that the publishers feel:
justified in requesting an oppor-i
ttii:ity for a full heaving and deliber
ate discussion before action is taken
by congress.
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TRANLLATG A Bit I - DGUIi_ISH Sot TRAMSUATe IT FOR. f J ‘
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ISMS
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HORIZONTAL
1. The act of taking away.
’.). Atmosphere.
10. Sickly.
11. Not yes.
13. Archbishop’s crown.
15. Upon.
16. Unusual.
18. Turf.
19. Segment of a circle.
20. Not more than.
’ 22. Twelfth of a foot.
23. Oppose face to f.tce.
24. Salamander.
26. Temper by heat.
28. A tool for making holes in
lea Hi er.
29. The snake.
31. Spring.
32. Chemical synfbol for tellerium.
33. 39.37 inches.
35. Half of an em.
36. Rowing instrument.
37. Refreshing drink.
39. Worthy of trust.
VERTICAL
1. That part of a fraction below the
line.
2. Short for papa.
3. Edge.
4. The flag lily.
5. Overcome by wonder.
6. Applied with feathers.
7. Not out.
<S. Lack of interest.
12. Sonnet of praise.
14. Traveler for pleasure.
15. An imaginary mailed animal.
17. Utter in a slow, lazy tone.
19. Places a poker stake.
21. Answers to .the description of
24 horizontal.
22. Tavern.
25. She sheep.
27. Mimic.
29. A prefix: pertaining to air.
30. Domesticated animals.
33. Diagram of land surface.
34. Portuguese coin.
36. A bone.
38. A nrefix: away.
Answer to Tuesday’s Puzzle
jOIOCTIPIy]GMc|AIRB
c
I iajs s® inWoribMpHl
i IT a IgWd
B N. AiBOR eWcSNSH
G|A;y]ErriYW|E|OlH'E|N
ftlM AEWviTI AWSjb Dft
sWmeE'HaMnJTiL
A R■ML€ R!Tot>
rive Cotton Club Boys
Bunched So Close I hey
Divide Pr zes at Rome
HOME Ga., Dec. 15. -Five cotton
club boys agreed to split S2OO in
prize money offered by Rome bunks
• and business men when it became
I known that the records made it dif
| ficult to determine which four of
i them weri- entitled to four cash
| prizes. The first prize was SIOO
land the fourth sls. By agreement
! each accepted S4O. The xvinners
land their records for an acre of
'cotton were:
Johnson McMakin. 1.198 pounds
seed cotton, excellent record book,
| cost of production. $61.19.
I Robert Hoffman. 1.191 pounds
I seed cotton, good record- book, cost
!of production. $79.27.
| Harbin Ford, 1.500 rounds seed
| cotton,, fair record book, cost of
i production, $68.11.
i Charles Biddy. 1.178 pounds seed
' cotton, fair record book, cost of
I production, $50.1)0.
Cecil Hoivard. 1.162 pounds seed
cotton, good record book, cost of
' production. $103.09.
| Sixt\ bo\s competol in the con-
I test under the direction of Countv
! Agricultural Agent M. W. H. Col
' lins. but only 18 of them complied
I with all requirements to qualify for
I the prize contest. AH of the sixtv ,
' produce.! better than a bale to the
i acre and their colton at prevailing'
I prices was worth approximatelA
■ $9,000.
I Allen Carver won a cash prize of I
830 by the production of 67 bushels
jof corn on one acre in a contest
i entered by tAvelve boys.
The eighteen boys aalio complied
with all requirements were guests
i of the Rome Chamber of Commerce
I Saturday at a dinner.
HOW TO SOLVE THE Pl ZZLE
Each number in the diagram
indicates the beginning of a Avorct,
reading either vertically or hori
zontally. The same number in
some bases begins both a vertical
and a horizontal word. The defi
nitions of the words to fill the
diamgram are given in the lists
labeled HORIZONTAL and VER
TICAL, Avith numbers showing
Avhere to start the Avords in the
diagram. To see how many let
ters each word has, count the
Avhite spaces until you come to
a. black square. If you have put
in the correct words, they should
all agree, horizontally ad verti
cally, with the definitions, and
you have solved the puzzle cor
rectly.
Wefortobagco
ACREAGE IS BEGUN
IN DEMR CO.
BAINBRIDGE. Ga., Dec. 16.—Fol
luAving talks by W. S. Hudson, man
ager of Bunn & Williams, to
bacco warehousemen, of Tarboro,
N C., who have been contracted
Avith for the management and op
eration of a tobacco warehouse at
Bainbridge for 1925, bankers, farm
, ers, Decatur county farm agent,
i I*. E. Sawyer, and business men at
1 the regular bi-weekly meeting of
( the Bainbridge-Decatur County Board
lof Trade, elected F. S. Stone, of the
! First National bank, as chairman of
I teamwork for the purpose of signing
up tobhcco acreage in this section.
A large delegation of volunteers
met Mr. Jones the following morn
ing in the board of trade rooms for
their assignments. Among them
being E. J. Perry, president of the
Bainbridge State bank; H. L. Gans,
president of the Citizens bank; C. S.
Hodges, planter; L. A. Friedman,
tobacco broker; 11. J. Bruton, A. B.
Belcher, merchants, and others.
A meeting was held Saturdi.y at
2 o’clock In Donalsonville with W.
W. Webb, of Adel, of the state bu
j reau of markets, the main speaker.
I An effort is being made to get Mr.
j Webb for the meeting in Blakely
I next Wednesday morning at 11
I c clock. Demonstrators Eddins,
■ Ayers, Floyd and Alford, under the
direction of Manager Hudson, the
I secretary of the board of trade, the
j county agent and other officials and
i citizens are signing up tobacco
j acreage In Decatur. Seminole, Miller
• * and other counties.
* The secretary made his first re
port since his election five weeks
j ago to the organization. He stated
I that he was negotiating with an
| eastern mill.superintendent with re
: spect to the establishment of a plain
] here for the manufacture of sports
Avear, and that information is being
gathered with regard to the prac
j ticabilitj' of a corn and grist mid
: I*. cation for Bainbridge. Freight
I sates are being investigated so tha’
Florida points would become acces
silde for such commodities as corn
I corn meal and feedstuffs He is
also interested in getting informa
tion as m the possibilities of Bain
bridge and environs, as a winter
rcurist resort. Data has been col
lected as to the lakes and other at
( Tactions in this section, and this
' data had been presented to outside
interests with a view to bringing
tr.em h?-e for development purposes.
” he Attapulgus Clay company and
Pc-atur county commissioner. O. C.
Duke, were reported for membershir,
I n the board of trade.
,
Tennessean Is Killed;
- Wife and Baby Escape
GREENVILLE. Tenn., Dec. 16.
I Hubert A. Hannah. twentv-seven,
manager of the United Presbyterian
mission school, at Paint Creek, near
i here, wa s instantly killed when his
automobile hit a rock and turned
over, pinning him against a stump.
Mrs. Hannah an ( i their eight-months
old daughter, who were in the car
with him. escaped unhurt.
Mr. Hannah came to Paint Creek
five months ago from Duluth, Minn.
THURSDAY, DECEMBER IS. 1024.
I PRESIDENT FIBMIV
DEPOSES EXCESSIVE
WEMIWS
P,V DAVID LAWRENCE
tSp'B-iitl Leased Wife t<> Tl's Journal— Copy
right, .1924.)
\V ASI 11 Nd'lH )N, I )cc. —l s t here
friction between President Coolidge*
Lnd secretary of the Navy Wilbur?
Officially the answer “no” is giv
•ll But Avithin the last forty-eight
I hours tv o things have happened
v. I'.ieh have set the national capitol
I talking, wondering, speculating and
even predicting that some reconcil
iation of viewpoint is going to be
developed.
The pi-csident expressed his views
Lit a private gathering last Saturday
night. He didn't, criticize Secretary .
Wilbur, but he left the distinct jm-1
pression that he was not going to be |
stampeded by the agitation for bigger
armaments and that America intend
ed to keep to the letter of the trea
ties made at the Washington arms
I conference. The writer did not heai
I the speech, but understands that
some of the thoughts expressed bv
the president ami reproduced todav
in some of the eastern newspapers
are indicative of a. policy Avhich has
been slowly maturing in bis mind as
he has listened to the exposition of
international relations given him by
Secretary Hughes.
As for secretary Wilbur, he is a
neAveomer in Washington and a
movies in naval affairs, but he has
given heed as have other naval sec
retaries to the viewpoint of the
naval experts who have insisted that
America not only must spend monev
to keep up the 5-5-3 ratio, but must
develop armament in directions not
covered by the Washington, arms
trea ties.
The concrete thing which has
started so much speculation as to
whether the secretary of the navy '
and the president are in harmony
is the publication today of the story
about Secretary Wilbur's arguments
before the house naval committee ad
■ his general assertions that it will
take nearly tAvo billion dollars in the
I next twenty years to keep the navy
I up to the standard set b.A’ the 5-5-3
treaty.
Much of what the secretary of the
• navy says is based upon information
as to what other powers are doing.
| Some of this data, coming through
naval sources, is vieAved through the
i eyes of naval competition. The ex
j pert sees theoretical war all the
I time. . But the secretary of state and
I the president accept the protesta
tions of good faith Avhich they get
- through diplomatic channels.
• I So Mr. Coolidge’s latest conviction
•! <s that competition in arrnanent must
.! stop and mostly that the comeptitlve
1 | spirit is not to rule American policy.
-1 Instead of talking about how much
t ■ more efficient armies and navies are
-! to become to fight each other, the
. ■ idea seems to be to bring the nations
t' of the world to more limitation of
I i armament, so forces will be reduced
1 to a point consistent with domestic
; : safety. Back in the president’s mind
f I is not only the notion that such a
; j policy will further the cause of peace,
1 but that tax burdens Avil Ibe reduced
5 ■ everywhere. How can Europe begin
■ ; to pay the debt OAved to America un
r ' less Europe ceases to spend unneces
i sary sums o narmament? And if
j continental Europe doesn't begin
, '■ soon to pay her debts to America.
. the taxpayer; of the United States
Avill not be able to hope for a reduc
tion in -the interest charges Avhich
are eating up the income tax pay
t nients of this country.
The secretary of the navy has
. been under considerable pressure
from within his oavp department to
: ask for appropriations for a better
. navy. The difference of opinion as
, to what constitutes a 5-5-3 ratio have
: led to all sorts of suggestions. The
j view that other powbrs are doing
, ■ certain things and that America
j | must do likewise is recognized as
, likely to lead to an exaggerated in
terpretation of the ratio. America
proposed that scheme originally and
: means to stick to its spirit as well as
: HAMBONE’S MEDITATIONS
By J. P. Alley
; ....
WEN PocTUH TRY To
Fin out How Much
hAQNEY You makes, he's
intrusted FUH HJS-SEF-
Folks don 1 Scratch
Ift 1
W®
/ r'
[Copynght, IS«4, by The Bell Syndicate. Inc )
j I
SENATORS ORDERED
TO PROBE EDITORIAL
MRQIWffIWOOD
W A SHINGTON, Dec. . 15.—The
senate judiciary committee, in execu
tive session today, appointed a sub
committee to investigate the Wash
1 ington Herald editorial attacking
Senator Underwood and his Muscle
Shoals bill.
An investigation of the editorial
was ordered by the senate under a
unanimous consent agreement ob
tained by Senator Undertvood after
he had denounced the editorial and
its writer on the floor of the senate.
('hairman Cummings said he Avould
I not announce the membership of the
| r bcommittee until tomorrow in or
der to learn if the appointees would
be Aall’ng to serve.
After a preliminary inquiry, the
committee is authorized, if the facts
Avarrant, to report a resolution to
the senate proposing a general in
vestigation Avith authority to sub
poena.
Plans for adjournment after the
Woodrow Wilson memorial services
left the Muscle Shoals issue at a '
standstill in the senate today. De-'
hate on the Underwood bill will be
resumed tomorrow.
its letter. If other nations violate it,
the United States will discuss the
matter with them, but it now has
been decided definitely that the
United States henceforth will fur
nish an example of self-restraint and
hopes other nations will follow her
lead. Under the circumstances, the
policy of President Coolidge and Sec
retary Hughes and not the clamor
°f the naval group is to be considered
the official viewpoint of the United
States government.
BUY <o® SELL
Classified advertisements in The Trl-Weckly Journal can he used by our
readers io sell anything useful to others and to buy many things they need.
Oftentimes things are offered for less than market price.
The rate for this advertising Is 60 cents a line for a week—three Issues, be
ginning Tuesday. Six usual words are counted as a line. Two lines is the
smallest ad used.
Send your ad with payment to reach us by Saturday.
THE TKI-WEEKLY JOURNAL
ATLANTA, GA.
Chafed!
XV A N T H EIJ Al ALE
BE A DETKCTM E—Exceptional opportunity;
earn Dig money. Iravel. Big rewards. Es
tablished IHO9. Particulars Free. AVrite C. T.
Ludwig, 168 AVestovcr Bldg., Kansas City. Mo.
MEN—Age 18-40, wanting Ky. Station-office
positions, slls-s2.'»o uiouih, free transpor
tation, expeiieuee unnecessary. Wriie Ba
ker, Snot., 126. Wainwright. St. Ixiuis.
MEN ranting positions firemen, brakemen, col
ored tiaiv or sleeping car posters, write tor
application b.ank; experience unnecessary, first
class roads oo strike. Name position wanted.
Kailway Institute. Dept. 33. Indianapolis. Ind.
HE lA’ WAN I' At-K P’ EMALE
MEN. AVOMEN, 18 tip. Get U. S. Governme •:
life positions, $95.00 to $192 month. Steady
Work. No lay offs. Paid vacation. AVork pleas
ant. Short hours. Pull unnecessary. Candi
dates coached. Common education sufficient.
Full particulars free. AVrite immediately. Frank
hit Institute, Dept. AV-74. Rochester. N. V.
K .VRN - s2(l WEEK LA’, HOME, AD I) RESsT
ING, mailing music, circulars. Send !'*'•
fur music, information. A. .1. Ryback As
sociation, Oak Park, 111.
ALL men, women, boys, girls. 17 to (15 will
ing to accept government positions. sll7-
$25(1. traveling or stationary, write Mr.
Ozinent, 164 Si. Louis. Mo., immediately.
GJ HLS-AVOMEN. Learn gown making at home
Earn $25 week. Sample lessons free. Franklin
Institute. Dept. W-510, Rochester N. Y.
WANTED—At; E.N’i’S
LIVE wire salesmen to join our prosperous
sales force. Earn $75 to $125 weekly from the
itart—Selling the biggest and fastest selling tai
loring- line. Set your own profit on each sale.
301) all-wool fabrics retailing from $22.50 to
$-15.00. Satisfaction guaranteed. Experience
helpful but not necessary—we teach you: Write
lor big line today. Ambitious tnan can become
district managers. Address Sales Manager, F. E.
Thompson. Box 483. Chicago. Illinois.
S3OO a month to distrrtmte everyday Household
necessity in rural and small town districts. No
money needed. Million dollar firm behind It.
AVrite for particulars and state territory desir
ed. O. C. JOHNSON. 642 North Broad St..
Philadelphia. Pa,
SOAP AGENTS AVANTED to sell our big line
of products. Sample case furnished free. Write
for terms and particulars. THE LLNRO COM
PAN'y. Dept. 173, St. Louis, Mo.
AVE PAY SSO A AVEEK and expenses and
•give a Ford Auto to men to introduce
poultry Mid slock compounds. Imperial To..
f)-56. Parsons, Kas.
AGENTS—Sob.-‘.hing new. Wonderful Invention.
Ford owners wild over It. Distributors profit
300 per cent. Thirty day trial offer. Write
A 11. SUPER. 1301, Fondulac. Milwaukee. AVis
AGENTS—Be independent, make big profit with
our soap, toilet articles and household ne
cessH'es. Get free sample case offer. Ho-Ro-
Co. 2735 Dodier, St. Louis Mo.
GET OUR Fit EE SAMPLE CASE—Toilet
articles, perfumea and specialties. AVnn
derfitlly profitanle. La Derma Co.. Dept.
ILL St. Louis. Mo.
WE START VOD WITHOUT A DOLLAR. Soaps.
Extracts, Perfumes, Toilet Goods. Experi
ence unnecessary Carnation Co.. Dept 240. St
Louis.
FRUIT TREES for sale. Agents wsnley
Concord ’’.irscries Dept. 20. 4’oncord Gh
AV A X T ED—SA L ESME X
FRF IT TREE SALESMEN ' ITofitable. ideas
ant. permanent work. Good side line for
farmers., teachers and others. Concord Nurseries,
20. Concord. Ga.
HIGRADE CHICKS. Standard Egg Bred. Post
paid Leghorns. Rocks. Reds. Anconas. Or
pingtons, AVynadottes. Moderate prices. (14
page Cat. free. DIXIE IjOULTRY FARMS
Brenharr Te.'.as.
QUALITY CHICKS. Fourteen Standard Bred
Varieties: best winter laying strains; tree de
livery, moderate j»ric*s, 64 page catalog free
Missouri Poultry Farms. Columbia. Missouri.
PERSONAL
MRS S. ('. JONSON
J FORMERLY of R. D.. Marietta. Ga.. will please
' write me at once. Important to you. * DAVID
| B. .LACKSON. Greer. S. C.
I Silk Quotations
NEW YORK. Pee. 16. —lluw silk ee»y;
prices per pound: Kuitsai double extra
i e> treks. $6.15(•/ *».55; Kansai best No. 1. $6.00
| frrtl. IO; Sliiiislni No. 1, ss.9(*rit 6.00; Canton
extras 11-16, ss.7sfrt 5.55; Shnngliai-China
steam fil gold double deer, $7.10frj7,30.
KIRIM
1
ton Be Well
I-, j And Happy
you have Nature’s I
T, kfSwa greatest gift. Nature’s
Remedy (hft Tablets) a
vegetable laxative, tones
the organs and relieves
Constipation, Biliousness,
Sick Headaches.
renevzing that vigor and good feel-
OEa *ng so necessary to being well and
W llappy ’ U * ed foT Over
g® Cet a 25c. 30 Years
W Box -
\ JUNIORS Jn j «V
Chips off the Old Block
LN? JUNIORS—-Little N?S
The same N? —in one-third doses,
candy-coated. For children and adults.
■■ Sold By Your Druggist aoM
» Saws Legs —falls Trees—
*£'Tsis(L»!^i&3Buzzesßranches
felt Work
T»r \ —Csak
1 - 3 ® IsrEHTTsHM.
SawslsCordsaDay!
-Easy with the OTTAWA Log Saw! Wood
selling for $3 a cord brings owner Jls a day Use
A H. F. Engine for other work. Wheel mounted
easy to move. Saws faster than 10 men. Shipped
from factory or nearest of 10 Branch houses. Write
for FREE Book—“ Wood Encyclopedia”— today.
OTTAWA MANIIFACTURINQ CO.
851-T. '"’ood Street Ottawa. Kaneae
851-T, Magee Bldg., Pittsburgh, Pa. |
GOODS ou credit, 50-50 plan. Champion Uni-
( rnent, tea, pills aud salve are big sellers.
Write now to- agency. Champion Liniment Co.,
1 21tVI Pine Sl * St - Lo »’’-
Mk\\> FRUITER—3 bales an acre, earliest cot
ton 40 bolls weigh pound, 45 per cent lint, won-
• derful cotton. Write for special prices. Vandlyet
Seed Company. Lavonia, Ga.
r —.— r *
MAGICAL GOODS Novelties. Lodestone.
1. Herbs, Cards, Dice, Books, Catalog Free.
G. Smythe Co., Newark. Mo.
£ FLAVORINGS: 30c Mystol vanilla and 20c Lem
~ oiiol.i, Bin*: 5 pounds Cocoa $1 postpaid. R. W
v Barnette. Mebane. N. (’
’■ LARGE acreage frost-proof Cabbage plants: 75c,
' 1,000, collect. Quitman Plant Co. Quitman. Ga.
CRATE 150 Florida sweet oranges $1.50 f. o. b.,
, Flofahonip. Fla. XV. J-l. Holloway.
~ i NEW Army McClellan Saddles $4.85 each. South
ern Warehouses. Rockmart. Georgia
PURE Whih Sugar $0.50 hundred pounds.
Southern Warehouses Rockmart. Georgia.
KING’S EARLY IMPROVED COTTON—Matures
n Utt days. Gets ahead of weevil. Special price* on
these fine seed for next 30 days. Write today for
• facts. King Colton Seed Co.. Lavonia. Ga.
" s r<m ? YL E ~ l ’ ,^LN, r §
e
MILLIONS frost-proof cabbage plans, now
ready, all leading varieties, $1 per thou
o snnd. Satisfaction guaranteed. W. W.
P Williams, Quitman. Ga.
'' LARGE acreage, fine frost-proof cabbage
plants; ab leading varieties, 75c tier 1,000.
Quitman Plant Co., Quitman, Ga.
) KUDZU PLANTS—SI2.SO per thousand;
circular free. Kudzu Farina, Inc., Barnes
rille. Ga.
FOR SALE—TREE*
FRUIT TREES—Many varieties. Finest
trees for home orchard or market \or
chard*. Low prices. Catalog free. Agents
1 wauled. Concord Nurseries, Dept. 20, Con
cord. Gi
PATENTS
PATENTS PROCURED- TRADE MARKS REG
‘ ISTERED—A comprehensive, experienced,
prompt service for the protection and develop-
, inent of your ideas. Preliminary advice gladly
furnished without charge. Booklet of informa
tion and form for discdosing idea free on request.
RICHARD B. OWEN. (Pi Owen Bldg.. Washing
l’.
INVENTORS should write for our guide book.
“How to Get 5 our Patent.’’ *■ Tells terms ami
methods. Send sketch for our opinion nf pat
ent able nature. Randolph & Co., Dept, 60.
Washington; D. C.
MEDICAL
DROPSY TREATMENT
I T gios quick relief. Dis
wß* I trcssful symptoms rapidly
disappear. Swelling and
? v-Jy short breath soon gone. Often
rotire relief in 10 days Never*
heard of anything its equal
'77<f' for dropsy. A trial treatment
rent bv mail absolutely FEE’ #
I ■/ DR. THOMAS E. GREEN
LEG SORES
Healed by ANTI-FLAMMA— a soothing
antiseptic Poultice. Draws out poison*,
stop.- itching around sores and In als while
you vv< rlr. Write today, describing case,
and get FREE SAMPLE. Bayles Dis
tributing Co., 18’.’0 Grand Ave., Kansas
City. Mo.