Atlanta Georgian. (Atlanta, Ga.) 1912-1939, October 12, 1912, EXTRA 2, Page 20, Image 20

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20 HEAVY SELLING LOWERS COTTON New Orleans and Liverpool Open, Other Exchanges Sus pended for Holiday. This being Columbus day. a legal holi day, the New York cotton and stock ex changes, Including all prodine exchanges and the New York .-..free exchange and the Chicago Board of Trade « II be closed The New Orleans cotton exchange re mained open for its usual business also the Liverpool cotton rxrhangi All mar kets w ill reopen Monday. Liverpool cable s were due io tome <• . ; to points decline but the markets opened steady with juices a net decline <■( ' 8 to 9 points below the pre\ ions close , At the close the market was stead.' with | a net decline of 6 io 7' 2 points from the final quotation- of Friday Spot eottoi easier at a decline of 7 points middling 6.23 d: stiles .‘»,l' :c roceip - 3.01'0 Because of weakness in Liverpool ca bles and absence . f support from N> w York, trading in th« Nt" ' 'cleans cotton market was dull with limited ranges in prices tl roughout the day. At the close the market was stead? with prices a net decline of 6 to io points front the final quotations of Friday RANGE IN NEW ORLEANS FUTURES. > t I - ! i _ *i > A j u i k in i § c i r ■ ® u<l " iFy O i Si rM Isjto ! G Oct. 10.81 10 88 10 81 17> xTTiTi’S To S4~v. Nov. 10 73-75 10 80-82 1 Dec. 10.71'10'- 1" 7.10 71 10.7:: 71 10.80-M j ■Tan 10.80110 84 10 70 10 70 10.70-77 10.83-81 Feb 10.78-so 10.81-S' Mar. 10.00 11 |0 In 92 10 93 10.02-I'3 11.01-02 j Ap, • t • • | t 00 Max 11.07 I■■ 10 11.04 11.01 ii .05-0 ; 11.14-151 June 11 "7 OH 11.17-In i .Lily 11.04 11.1 1. IS 11. LOT 1. IS In 11.27 j Closed .stead?. LIVERPOOL COTTON MARKET. Opening Previous Range Close. Close. Futures opened Hleud'. Oct .0.00 0.02 0.08 Oct.-Nov .5. Itii -6.00 5.99 6.05 Nov.-Dec...90 ii.Ni 5 99 Dec.-.Tan5,91 -5.90 5,9.3 O.oo'j Jen.-Feb . -5 "4 .. 5.94'- 6,0| >.. Feb.-Mar s.:>S' a 5.96 «.02> ■ JU fir.. Apr ~ 5 97'., '. 02',j. Apr.-Ma' .5 9' -5 97'.. 5.99 6.05 May-June . • •.: 7 -5'J6 1 - 600 '..0il June-July 5.97 -5 96'- 600 6.0il Jul? -Aug 5.9, -5.9:'6 00 11.06 Closed steady. Following is the Liverpool cotton state ment for the week ending Frida . ttcio her 11: ‘ 1012. ” ITTi . !_J9ia_ | Week's sales tIi.OOO .76,0"0 ,o.oOtt Os which American 44,000 <4,000 56,000 For export.. 1.100 2.100 2.000 For speculation... 1.900 it.iioo; 3.100 Forwarded . 75,000 8.3,000' 74,000 Os which American 64,000 Total stocks . 48'.',000'.''lO.Ono 9.9.000 Os which American.,347,ooo 153.000,204,000 Actual exports 1,000 ll.oon 3,000 Week's receipts. 80.000 102.000 65.000 lif which Ameri an. 72.00" UH ,000 63.000 Since Sept. 1 205 000 32 290.000 Os which American. 227.000 281.000 241 ."00 Stocks afloat ;418,000i459 t 000|430,000 Os w hich American. .368.000 432.000d1110.000 LIVE STOCK MARKET. CHICAGO. Oct. 12 Hoge Receipts 7.500: market 5c higher, mixed and butch ers $8.75479 40: good heavy so. 15® 9.45. rough hear y $8.50® 9.101 light $8.90® 9.35: pigs $6.00® 8.25; bulk $9.10.,9.3". Cattle Receipts 800; market steady; beeves $5.75®i1.00; cows and heifers $3 25 (88.50; Stockers and feeder $1"" n 7.50. Texans $4 5017 9.00; calves $5.5010.25 Sheep Receipts 1.500; market stead? native and Western $3.00® 1.40; lamin $4.50® 6.85 •••••• • « » » : t' .’ • » n « -j . • • • WEEKLY COTTON .STATISTICS.* • • • ••••••' .»«••••• Secretary Hester's weekly New Orleans cotton exchange statement, issued hefort the close of business Frida? hows a de crease in tlte movement Into sight com pared with the seven da? 1 ending ibis date last year in round figures 12,000. an increase over th' -.inn days year be fore last of 65,000 and a decrease under the same time in 190:' of 32.000 For the eleven days of October the 10 tai an increa e over last year of 3.000, an increase over the sanu period year before last of 1'2.000. and an increase over the same time in 1909 of :"',OOO. For the forty-one days of tie season that have elapsed the aggregate is behind the forty-on< days of Inst year 17'1.000. ■head of ,he sai: e days year before last 894.000. and ahead of 1909 by 105.000 The amount brought into sight during the past week lias been 561.000 bales, ■gainst 577.071 for the !.»-? en nays end ing this date last year. 49,871. year be for< lust and 5'6.847 same time in 11'09. and fcr the eleven days of October It lies been '33.691 , against :'.".i',ss • last year. 791.822 year before last and !•' >.OOB same tin., in 19(- The movement since September I shows receipt'- at nil United States ports 1. 821,013, aymr.-t 1,927 865 last year, 1.501.- 872 same time in 1909. "verland across the Mississippi. <'hio and Potomac rivers to Northern mills and Canada 20.134. ■gains: 35.164 hist year. 2' . year be- fore last and 35.223 same time in 1909; interim stocks it, excess <1 held at the close of 1 inmi icial v.-itr 221.- 865. aga.i.st .7-. ... .1 r. t' .5b , .1 before last ami 100,311 same litm 11 | 190'. Southern .. ~l's' takings 293,000. ■ga.il ,052 ? ear be fore las: and 267.v.2 u,. .. ) n 1:09 These make the total movement for ti e fort?--or. days of tht Sep tetnber 1 to da' 2,;;59,m; ..loiusi ;• 5:1. lay! ?ear. 1.964.51’7 ?ear b,i,,re last and 2.253.858 same time it, 1909 Northern ninis taxings am I’m ,|p . lug the past ■' • n days show of 29,269. as compared " It ' e , ."it spending perino las, year. ~: , | takings since Septembei 1 havt decreased 64,020. Tl total takings x ■■••••.,t. mills. Nortl , South and Cant for the sea or. 1 ave l" tr • '2.5: : igainst ' 462.311 last year TP, jn< ' 1; jin b?' Northern -mi.:, rs. agu.%- t:*,..::0 St'H-ks at the seaboard ami the twenty nine leading s .uthern it ter ~r 1 enters have increased durlt c Hie week 200.031 bales, against an itu i. as during tht corresp. nd,ng. pet., .: t of 20',. 099 and ar, now 100.6'7 less than at tills date in 1911. Including stock- left ovet ports and interior towns from the last crop and the number of bales brought nti sight thu far from the new > "op. the supplv to 337 for the same period last v < . r World’s Visible Supply. Secretar? Hester's statement of the' world's Vlsibh sunpl'’ of . i; . | from special cable and t<.r , ~|‘. 1 vice® compares the sign- • tl w >■, 1 with last week, last yi ai nd :io 9 ~1 before. It'shows an week just closed ol 874 8 agait increase of 238.1.44 year b< r. 1 The total visible is 147 .-'.a'rs', 3,013,058 la-1 week 2.7t">.'' last '.a* snd 2,386,385 year befon 1..--t lit - the total of American i-ottoi 6.147 ■ gainst 3,236.058 lust week, 2 • '.. ■ year and 1.844,385 yeat before of all other kind* Inciw ng Kt Bi ril. India, etc. 791.04X1. agains: 177, last week. 537.000 last ? car and 54_"im year bet ire last The total world's visible supplv of cot l"t :.s above show - nil increast ...mpat.. ■ with a t week of 374,089 an it er. a-' I ■ Amtncan Telephone i, Telegraph Co. \ «iivp,f. } d o f Two Uoilurv per bimir' " <'-* *' • I IS. H‘l3 L* . . ~r r| »!,. , ..f '' !, ’IJ M I L liiVEli, '•nek-'.'ttr' | [ATLANTA MARKETS’ EGGS Fresh cnuniry candled, 23%t.24c. BUTTER Jersey and creamery. In 1 lb. blocks, 25©27>ic; fresh country dull, 15(jj, 1 17Uc. DRESSED POULTRY—Tirswn. head ■nd feet on. per pound: Hens. 17tU18c; I fries, 2547 roosters. 8® 10c; turkeys, owing to fatness, I LIVE POULTRY Hens, 45<b50c; roost- 1 1 ers 25(h35<- fries, 25u35e; broilers, 20f« , 25c: puddle ducks. 25y30c: f’ekin ducks. 35'• in.•: gees« 50<<i60c each; I urkeys. ow ing to fatness. 15(9 18'‘. FRUITS AND PRODUCE. FRUIT AND \ LGETABLES- Lemons, fancy, S7UB per box; California oranges, $4.00'7 1.50 per box; bananas, .Tu3?k<' per' pound; cabbage, 75(481 per nound: pea I nuts, per pound, fancy Virginis 6' / j®7c, I choice. 5': f (/6c; beans, round green. 7fco SI pert-rate; squash, yellow, 6-basket crt. ; $10041125; lettuce, fancy, $1.75412.00,1 choice $L25®1.50 per crate, beets, $1 50® ' 2 per baTrl. cucumbers. Tocttii per crate; ' Irish potatoes per barrel, $2.50®3.00; old Irish potatoes, $1,00®1.16. 'gg plants. s2®2 s't pe crate; pepper, $1(1 ','s per cratr : tomatoes, fancy, six- 1 basket crates $1 00®’ 25; choice i<v toe ,seVsloo. pineapples. S 2 ‘Ki®2.2s per I I crate, onions. 75< 4/41*'0 per bushel; sweet potato' -, pumpkin ?am. 754i86c per bush -1 el; watermelons, slo® 15 r>er hundred; I cantaloupes, per crate. $2 754'r 3 00. PROVISION MARKET (Corrected by White Provision Company.) 1 Cornfield hams, 10 to 12 pounds average , 11'g'. Cornfield hams 12 to 14 pounds average, 17Uc Cornfield skinned hams. 16 to 18 pounds average. 18c. Cornfield pickled pig's feet, 15-pound kits. $1.25. Cornfield jellied meat in 10-lb. dinner I pail. 12' 2 e. Cornfield picnic hams, B to 8 pounds average. I - 4 c Cornfield breakfast bacon, 24c. Grocer style bacon (wide or narrow), 18 Uc. Cornfield fresh, f ork sausage (link or ' bulk 1 25-pound buckets. 12*ic. Cornfield franl;furters, 10 pound buck lets. average 12c. Cornfield nologna sausage, 25-pound : boxes. 10. Cornfield luncheon hams. 25-pound I boxes, 13c Cornfield smoked link sausage, 25- [ pound boxes, 9c. Cornfield smoked link sausage In pickle, 50-pound inns. $4.75. Comfit Id frankfurters In pickle, 15- I pound kits, $1.65. c.irnfield pute lard, tierce basis, 13', 4 c. i Country style pure lard. bO-oound tint i only 12%c. Compound lard (tierce basis), 9',4c. I'. S. extra ribs. 12 a «c. 11 S. rib bellies, medium average. 13' 4 e. D S. rib bellies, light average, 13'Ac. FLOUR AND GRAIN FLOUR I’osfcn s Elegant, $7.25: Ome ga. $7.50; Gloria 'self rising'. $6.35; Vic tory (finest patent). $6 35; Diamond (patent), >6.25. Monogram, *5.8.1; Golden ( rain, $5 10; I-a nil less, (inert. >6.25: Home Queen (highest patent), $5.75; Puritan I (highest p.-ifentL $5.75 Paragon (highest patent), $5.75; Sun Rise (half patent), $5.25: White Cloud (highest patent), ent 1. $5.60; White Lily thigh patent), $5.60: White Daisy, $5.60; Sunbeam, $5.35; Southern Star 'patent >. $5.25; Ocean Spta' Ip.-ifel.ll. $5.25: Tulip (straight), 1 $4.25: King Cotton (half patent). $5.00. ' ('ORN White, rod cob. $105; Np. 2 white. $1,08; eracked, $1.05; yellow. $l.00; t'dxerl. 98e. .MEAL Plain 144-pound sacks, 96c; 96- pound sacks. 97c; 48-jvound sacks, 99c; 24-pound sacks, $1.01; 12-pound sacks, $1.03. OATS Fancy clipped, 52c; No. 2 clipped 51c; fancy white, 50c; No, 2 white. 49c; No. 2, mixed. 48c; Texas rust proof, 65c; Oklahoma rust proof, 58c; appior, 85c COTTON SEED MEAL Harper. $28.00. COTTON SEED HULLS Square sacks, $lO 00 per ton. Oat straw. 65c per bale. SEEDS (Sacked): Wheat Tennessee blue stem, $1.(15; Gorman millet, $1 65; ember cane seed. $1.55: cane seen, orange, $1,50; rye (Tonne, eoi. || 25; red top cane seed, $1.35: rye (Georgia). $1.35; red rust prof oats. 72c; Bort oats, 75c; winter graz ing. 70c; blue seed oats. 50c. barley. $1.25. HAY I’et hundredweight: Timothy, choice large bales. <1 40; No. I small, $1 25.: No. 2 small, $1.20; clover hay, $1.50; alfalfa bay, chonco peagreen. $1.30; alfal fa No. 1. $1 25; alfalfa No. 3. $1.10; pea vine hay. $1.20; shucks, 70c; wheat straw, 70c; Bermuda, SI.OO. FEEDSTUFF SHuRTS ■White 100-lb. sacks, $2; Dan dy middling. 100-lb sacks, $1.95; fancy 7.1 lb. sack, $1 99; 1' W.. 75-lb. sacks. $1.75 brown, 100-lb. sacks. $1.70: Georgia feed, 75-lb sacks, $1.75; bran. 75-lb. sacks, $1.10; 100-lb. sacks. $1.40; Homecloine, $1.75; Germ imal Hotneco, $1 70; sugar beet pulp, 100-lb. sacks, $1.50; 75-lb sacks. $1.50. CHICKEN EEED Beef scraps, 50-lb. sacks. $3.50; 100-lb sacks. $3.25; Victory pigeon feed. $2.35; 50-lb. sacks, $2.25; Pu rina scratch, 100-lb. sacks, $2.10; Purina pigeon feed. 45: Purina baby chick, $2.30; Purina chowder, do::, lb. packages. $2,45: Purina chowder. 100-lb. sacks. $2.25; Success baby chick. $3.10; Eggo, $2.15; Victory baby chick. $2 30; Victory scr-i'ch, 100-lb. sacks. 82.10; Victory scratch. 50-lb. sacks. $2.20; Superior scratch. $2.10; Chicken Sibiess baby chick, $2.10; wheaL 2-bushel bags, per bushel, $1.40; oyster shell. 80c r THE WEATHER”! Conditions. WASHINGTON. Oct. 12 There will be ram tonight m the lower Lake regions, the middle Atlantic slab s ami New Eng land. followed by fair weather Sundae, except 111 northern New England. Else where east of the Mississippi river the " "'her will be fair tonight and Sunday except in Florida, where there will be showers. It will be colder tonight and Sunday from the Luke region southward in the interior of the Southern stales and colder Sunday in western New England. Storm warnings are <lisplaye<l on the Great latkes, except western superior General Forecast I allowing is the general foreeast until | 7 p. tn. Sunday : Georgia laical showers tonight or Sun day in northern: generally fair in south ern tiortmn: colder tonight in northwest portion; slightly colder Sunday in the northern portion. Virginia Showers tonight or Sunday; ■ elder tonight in northern portion: colder Sundav . .North Carollnii Clear In eastern, show ers in western portion tonight or Sunday; slightly ce'der Sunday in western anil central portions. South Carolina Fair in eastern and si'Uthern: showers in northwest portion lon.ght or Sunday: colder Sunday in northwest portion. Florida Local showet s tonight or Sun day. except fair in northwest jjortion. Ah.bama Generally fair tonight and Sunday . colder tonight in northern por tion Mississippi Generally faT tonight and Sunday ; colder tonight. c' tni ired with last y ear of 6.'4,068. and I an ‘ iiv •i;■ -e i ompared w th vi ur before last of 1.000,762 t'f tlie world's visible supply of cot te” .is above there is now afloat and held hn Great Britain and I'ontlnental Europe h , agairst 1.38;;,t4>" last year and i I..'A.tn 1 " yiar befor< last in Egypt 1’".- ' 000, againsl 54,000 last year and 82.0001 1 year beto-e last: in Indi:'. 398,000. against I ; ,a.iiei year and 232.1'00 year befote last, ’!> the I’nited States 1.752,000, • .gainst 1.0 la-t year ami 804 000 year l vt.it e last Worlo's Sp linens' Takings Sectetary llestci gives the taking I Imeiman cotton b. j inm is throughout the world as follow. n round numbers 'flits wiik 11> .■ . ,oCi' this year. >g.limit 2 .."CO last year and 2541,000 year lefofe !a- Tot.il sn.. . s, pt, mt.et I .his yeat <a ' I 1 115.00". ie-t i. 1 .con last tear and •55.000 th< • ear before '•f H■- \ i .ii pinners and Canada ' ■ tl s ••." aea.t.st 196,- i'.' " I•‘'t vat i t f 0 ("to Hie year be- '• ' • ' " '' ■'■t i■ ■ it'" "0". agu in.-t I 2'.'..0’ ■ >-■ yen- 241.000 -he year be I I tel' .l l (..leigll -I'llit'i I ' 673.000. eg., eat , ill ..in last t-.tr .nd 504,000 the year 'a t It • hi. s 'lull. • i..t pip. . orre on I I ',041a Vtan.-., t'aer mm - > "00 It Hl I I i •JBE ATLANTA GEORGIAN AND NEff a SATURDAY. OCTOBER 12. 1012. nr'Tib T T | |~"| rLU I Hl Atlanta, Ga„ October 10. 1912. The charge made by Mr. Woodward and his campaign committee that one-half of the Bond money, that is to say, $1,500,000, has been wasted, is so serious, especially coming from a man, and his committee, who has received the indorsement of more than 4,200 of the voters of the City for Mayor, that it seems to us to merit a careful and detailed reply. This we hope to do in the fol lowing article: This article is addressed to the unprejudiced and fair-minded Public of this City. If there are those who are so biased that they are not willing to receive the truth, then this article is not addressed to them. We will take up the Waterworks as being the first in order. The first purchase of water pipe was made under the administra tion of ex Mayor Maddox, and amounts to 14,000 tons of pipe. This pipe was of various sizes, and the price paid was $20.56 per ton. Some were purchased afterward below $lB per ton. When we contrast this price with that paid by the Druid Hills Land Company, only a short time before, and remember that that Company paid $22.50 per ton, it will readily appear that there was no waste in our purchase of pipe. Mr. A. G. Candler is the principal owner of the Druid Hills Land Company, and in addition to be ing one of the ablest and most careful business men of the South, he is not giving any money to pipe manufacturers if he knows it. The City had been for some twenty-odd years buying filters from the Continental Jewell Filtration Company, after a stand ard set of plans and specifications paying different prices, running as high as $4,666 per 500,000 gallons unit, which was the price paid tor the last filters purchased prior to the Bond Issue. The Bond Commission and Water Board bought, under competition, from the same Company which had furnished the others, and to be built according to the same plans and specifications, twenty units of 5,000 gallons each, at $1,512 per unit, a saving of $3,154 per unit, or a total saving compared with former purchases of $63,0800n this purchase, which is some saving instead of a waste. $50,000 was provided in the Bond Ordinance for the installation of the new filters, with the expectation of adding tvrelve to sixteen additional units. We added twenty units and had over $5,000 left, and so we might go on through the whole list, but we content ourselves with saying that purchases were made and contracts let in this Department to the lowest bidder in every instance. SEWERS. ThecontractsforbuildingSewers, except where built by the County, have been let to the lowest bidder in each instance, after keen competition from the Contractors all over the Country. This is all that could be done by anybody. On these contracts there have been large savings from the estimates made by our Engineers. For instance, we cite $20,000 saved on the Loyd Street Relief Sewer, and enough saved on Proctor Creek Sewer to pay the cost of making that sewer a main trunk, full size, from its present terminus above Ashby Street to the A., B. &A. R. R. The County is doing its part of the work for nothing, the City fur nishing the material. In this connection, the Bond Commission and Sewer Committee bought from the R. 0. Campbell Coal Company 200,000 bar rels of cement at 98c per barrel, this cement to be used by the County in the construction of the Proctor Creek Sewer and other’ trunk sewers. At the time this contract for cement was made the City was paying for cement on its regular sewer work, not done with Bond money, $1.15 per barrel. All this cement has not been delivered and the price is now and has been for some time $1.40 per barrel. Not much waste in this, was there? SEWAGE DISPOSAL PLANTS. The Sewage Disposal Plants are built, and being built, under the Imhoff patents. Mr. Imhoff is a celebrated German Sani tary Engineer. His plans were adopted on the recommendation of Mr. Rudolph Herring, of New York, himself a celebrated Engi neer in this and other lines. It may be said further that Mr. Imhoff is the most famous sanitary Engineer in the world, and his patent and plans, which we have adopted, are being used with the greatest success in Europe. He gave his plans to the City of Atlanta without charge of royalty, and these are his latest designs for Sewage Disposal work. The building of these works was left to the lowest bidder under the keenest competition open to all the world. What more could have been done? As to their effi ciency only one plant is completed, Proctor Creek, and it is doing all that is claimed for it. What more could you ask? SCHOOLS. Architects for the schools were selected under competition, and with the advice of Mr. Morgan, of Morgan & Dillon, who was not a Competitor, and who is one of the leading Architects of this City, as the many buildings super vised by him will testify—the Third National Bank being his latest creation. The Architects selected drew the plans for the various buildings, which, by the way, are equal to any in the Country, and the contracts were let to the lowest bidder in each instance, except where even the low est bid was cut in order to get within the amount appropriated, which was done in many cases. The City’s money was spent for lots and buildings and not for grading and beautifying lots or building retaining walls or buying furniture. If the lots are unsight ly, it is not the fault of the Bond Commission or the School Board; if the Auditoriums are not furnished, it is not the fault of either of these Bodies. There was no Bond money provided for beautifying the lots or furnishing the buildings. There were some slight defects in some parts of the buildings. These have been remedied by the Contractors, where they were to blame, and without cost to the City, except in the case of Walker Street; here the penalty imposed on the Contractor was suffi cient to cover these defects, and besides we expect to recover from the Bond Company the cost of these defects. Now, as to whether the buildings are worth the money. Every Contractor and Architect knows that buildings are estimated as to their cost and value by the cost per cubic foot of contents and in no other way. Estimated on this basis, Walker Street School cost 7.3 c per foot, Lee Street 7.5 c per cubic foot, and the others a little more, ranging up to 9.5 c per cubic foot. School buildings of the same design and plan have recently been built in Cleveland, Chicago, Boston. Seattle, St. Louis and other Cities, the cost ranging from 15c to 22c per cubic foot; that is, they range in cost from SIOO,OOO for an eight-grade school to $150,000 for a school the size of Walker and Lee Street Schools; whereas, ours cost from $40,000 for an eight-grade to $50,000 for a twelve-grade, like Walker and Lee. Was there any waste here? The Bond Companies who signed the Bonds of these Contrac tors, stated that they would not make 5 per cent on their contracts and that the City of Atlanta was getting this class of work cheaper than any city in the country. A part of the difference in the cost of these buildings and buildings in other Cities may be accounted for by differences in wages, or in the fact that some of these buildings are fire-proof, while ours are not. GRADY HOSPITAL. The Grady Hospital Annex was designed by the same men who designed Ashby Street School, Hill Street School, Georgia Avenue School and Yonge Street Negro School, and built by the same Contractors who built Lee Street and English Avenue Schools. It is about the size of an eight-room School, but it is fire-proof, is as fine as a fiddle on the inside, and cost a little over SIOO,OOO. We had the money to build it that way. We had only enough money to build the kind of schools which we have. That is all there is to it. CREMATORY. We bought a large tract of land adjacent to Intrenchment Creek Disposal Plant, near Constitution, Ga., for a Crematory Site, 247 acres, paying $15,000 therefor. It has not been used. The City can sell it any day for the money. One member of the Bond Commission is willing, if the City will let him, to pay the City its money with legal interest and take the land. Is there any waste here? J DEPOSITS OF BOND MONEY. Although it would have been perfectly legal to have done so, not one penny of the Bond Money was deposited in the Amer ican National Bank, while Mr. Maddox was Mayor. There may have been some waste. It would be remarkable if there was none, for waste will happen in the best regulated bus iness, but any waste of Bond money has been more than counterbalanced by the careful manner in which all of the contracts have been let and by savings on such contracts and in other ways. In conclusion, the Bond Ordinance specified just how the bond money in each department should be expended This Ordi nance has been followed in every particular, and there has been no diversion of the money from one Department to another or from one piece of work to another. This statement can be verified by the Comptroller’s books and the Bond Ordinance These will show the amount of the appropriation for each piece of work and the money expended thereon. This work lias been done and is being done as fast as men and money can do it economically, and the money is not being vzasted, and has not been wasted We appeal to the judgment of all fair-minded citizens and especially experts in the lines mentioned in’support of this statement The expenditure of this money is being carefully supervised and honestly managed. There has been no graft in connection with it. and will be none. R F. MADDOX, A. J. JOHNSON, J. J GREER. I jj RAGSDALF Ex-Mayor J. J WEST. H. H. HICKS, JOMN w G p COURTLAND S. WINN, C. D. KNIGHT, R. A HEMPHILL. 1 Mayor. J. N HARRIS J R. NUTTTNG JOHN S. CAISDLER. F A. QUILLIAN. • JAMES E. WARREN. R. L. AV ARY. ’ JOEL HURT Chairman Bond Commisison. C. E. MURPHEY, F. J. SPRATLING. W. E WILLINGHAM W H TERRELL. C. J. VAUGHN, CRAIG COFIELD, JULE SKINNER.