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THE ATLANTA GEORGIAN AND NEWS.
SECURITIES DELUGE OF FUFF
IS DICE VOTES CLOSES
Expert Recommends Convertible Pony Contest Manager Repeats
Warning That No Contestant
Is Safe—Shetlands Parade.
Bonds—His Prediction of
Improvement Realized.
By B. C. FORBES.
Financially, we are emerging from
the thickets that have seriously re
tarded prosperity. Every day brings
us nearer clear fields and bright
skies.
• • •
“Do you recommend the purchase
of securities?” I am asked.
* * •
Yes, many excellent bonds are to
day bargains, notably the convertible
issues of sound railroad and con
spicuously strong industrial compa
nies. Among the attractive invest
ments that rush to mind are the con*-
vertibles of Baltimore and Ohio, 3t.
Paul, Atchison, Norfolk and Western,
and American Telephone. They are
safe, they yield a fairly generous
income, and the convertible privilege
gives them an added speculative
value not to be ignored.
* • •
What about stocks?
* * *
Well, a month ago, after having
urged caution for a year, I ventured
the opinion that the turning in the
long lane was near and that discrimi
nating outright purchases could bt
made with every probability-cer
tainty, almost—of generous profits
in addition to the high dividend re
turns. Nothing has occurred to
change that view, exoept that prices
have already enjoyed so substantial
an advance that I believe a tem
porary reaction is in order. Then
the best stocks .will again be very
attractive.
* * •
I have enjoyed confidential chats
with certain of our most powerful
financiers, and their views are exactly
in accord with v/hat has just been
written.
• * •
Bonds, however, are favored. In
vestors who like a speculative string
to their purchases are recommended
to buy trustworthy convertible bonds
in preference to stocks.
• • •
The strongest banking interests
are opposed to speculative activity
in stocks at present. “There should
not Lc, and very probably will .iot
be, much speculation in stocks for
two or three months,” remarked a
financier whose judgment is second
to none and whose position i- one of
great eminence in American and in
ternational finance. “Margin trading
is not to be encouraged. Nobody
should buy stocks just now unless
prepared to hold them, no matter if a
setback be suffered. Of course, S0-
point margins are all right. I am
speaking only of narrow margins.
Small investors who can pay in full
and who buy on re stions are pretty
sure to come out well.”
• * *
Plungers are not to be encouraged
until the money necessary to mar
ket the crops has been supplied.
• • •
I hear that cotton growers will be
at the earliest moment and that
grain growers will also be urged to
market part of tneir product without
delay. The double desire is to have
debts liquidated at - ome and credits
built up abroad.
* • *
Our financial projects are bette 1 '
than our business conditions, al
though these are not wholly bad, ey
any means.
• * •
Financial stringency, once gravely
threatened, now promises to be avert
ed. Inflation nas been curtailed
throughout the country and the del
uge of new security issues has been
stopped. Abroad also, the banking
situation has been strengthened at
every important center. If need ariss,
the United States ought to obtain
assistance from London without pro
test, for the Bank of England’s re
serve is phenome-tali'' high and the
leading Continental banks are also
unusually well fortified with bullion.
“Red letter Ballots" fame In an
avalanche Tuesday afternoon and
evening:, burying the clerks in the
contest manager's office.
This was the last bonus offer, the
Two Hustlers in
The Pony Contest
Business Man’s Lost Keys Prove
It—Contestants Find It Easy
to Secure Want Ads.
Escaped Life-Term
Convict Recaptured
COLUMBUS, July 30.—Detective
Ben Moore has returned from Bir
mingham with Will Truett. a negro,
who escaped from the penitentiary
six years ago while serving a life
sentence for killing Price Thomas,
another negro.
Truett was sentenced to hang, out
Governor Hoke Smith commuted the
sentence to life imprisonment. He
served one year when he escaped.
Fain S. Webb, Piedmont, Ala.
SHmP LIKELY
Edward DeLoaeh, 97 S. Gordon.
last bit of help for the boys and girls
who are striving for The Georgian and
American ponies. Wednesday, Thurs
day—Thursday midnight, and the
race Is over
Admiring crowds In the buslneoe
district of Atlanta stood along the
sidewalks Wednesday morning to see
the 22 ponies which will go to the
two winners in each of eleven dis
tricts. Though unused to city sights,
the ponies behated very well, and
certainly made a splendid showing.
District Races Clos«.
There is just one thing for the boys
and girls to remember—it all will be
over Thursday at midnight. There
are close races in almost every dis
trict. The boy or girl who is nosed
out of first place by a very few votes
will regret for years that he did not
see Just a few more people the last
day; that he did not try for at least
one more subscription than the num
ber he thought enough.
Some of the most confident—the
bragging sort—are in most danger of
losing. This is the "tip" from the
contest manager.
No one is safe.
And Thursday is at hand.
Followed Advice.
Hardly one of the contestants over
looked his opportunity, offered by the
"Red Letter Ballots,” to get 2.000
votes for $2. Some of the boys and
girls brought in-dozens of .these "Red
Letter Ballots.”
They followed the advice of the con
test manager and concentrated all
their efforts on subscriptions to The
Sunday American up until Tuesday
night.
That offer now is history. A brief,
sharp sprint, with no favors asked or
given, and the pony contest will end
in a blaze of glory.
President Finley Slated to Head
Harriman Lines, Necessitating
Changes in High Offices.
When you lose something, do you
bid it good-bye and say nothing?
That’s bad business. Why not find
it?
An Atlanta business man lost his
office keys a few days ago. He tele
phoned The Georgian’3 Want Ad
Man and had three lines published in
the "want” pages, asking that the
keys be returned to his office, where
a reward would be paid.
Next morning he was offered Just
fourteen bunches of keys. One bunch
was his own.
The thirteen other losers may not
have their keys yet, unless they ad
vertised for them. The finders had
no clew to the ownership.
A Georgian want ad will get most
anything you want, from a housegirl
to a twelve-room house. That’s the
reason you see so many business
houses using them.
Atlanta folk know their value, too,
and that’s the reason The Georgian’s
Want Ad Contest is proving so suc
cessful. It’s easy to get want ads.
Contestants need only make a sug
gestion or two and an unfilled want
is remembered, the advertisement
dictated, the want fulfilled.
The ‘contest is still open and new
contestants have a fine opportunity
to enter and win a prize—an automo
bile, a piano, a trip to California, a
motorcycle or any one of the dozens
of trophies offered. There isn’t any
guesswork to rack your brains over,
disappointments. Energy will
bring results and the prizes will go
to^the best hustlers. The Want Ad
Man will tell you all about how to
enter, how to work, how to win.
A general shake-up in the man
agement of the Southern Railway
and its allied lines, including the
Alabama Great Southern, New Or
leans and North Eastern and the
Vicksburg, Shreveport and Pacific,
will take place about September 1,
according to an authoritative rumor
emanating in Macon.
W. W. Finley, president of the
Southern, it is said, is slated for the
presidency of the Harriman system
or the Southern or Union Pacific
w'hile E. H. Coapman, vice presi
dent and general manager of the
Southern, will succeed Mr. Finley.
In turn J. M. Culp or Horace Baker
will succeed Mr. Coapman.
The next most important change
will he that of John B. Munson, vice
president and general manager of the
Georgia Southern and Florida Rail
way and receiver for the Macon and
Birmingham Railway, who will be
come vice president and * general
manager of the Mobile and Qhio.
This line is considered one of the
best properties of the Southern Rail
way. Mr. Munson will be succeeded
by W. F. Kaderly, general superin
tendent of the G. S. and F.
According to further information,
which is not so authentic, R. V. Tay
lor, vice president and general man
ager of the Mobile and Ohio, will .as
sume a similar position with the
Queen and Crescent Route, with
headquarters in Cincinnati.
If the current report is true there
will be a general shifting of all vice
presidents of all the allied lines of
Southern Railway. The changes, it
is said, were scheduled to take effect
July 1, but were postponed.
Weston on Last Leg
Of Minneapolis Hike
MINNEAPOLIS, MINN., July 30.—
Edward Payson Weston, the 75-year-
old pedestrian, was on the last leg of
his hike from New York to Minneap
olis to-day.
He was officially welcomed yester
day as he crossed the State line at
Hudson, Wis., and into Minnesota by
Governor Eberhart and members of
his executive staff.
MEN AND RELIGION BULLETIN No. 67
OUR WAYWARD GIRL
Senate Committee Decides to
Recommend Bill—Commission
Head Praises It.
EX-JUDGE DEFENDS NEGRO.
GREENSBORO.—Judge Henry Gray
Lewis, who retired from the bench two
years ago, was appointed to defend
Bob Jones, a negro, charged with as
sault with Intent to murder, when he
announced that he had no counsel an<|
w is not able to hire an attorney.
Chairman R. E. Davison, of the
State Prison Commission, appeared
before the Senate Penitentiary Com
mittee Wednesday and announced
that the board is in favor of the in
determinate sentence bill.
After hearing from Mr. Daviscn the
committee voted unanimously to re
port the measure favorably to the
Senate. It has been reported favor
ably In the House. It is expected to
receive no opposition.
The bill provides that instead of
sentencing a prisoner for a fixed term
of years, the Judge shall sentence
him, for burglary say, for not less
than ten years and not more than
twenty years; or for not less than
five and not more than ten, as the
case might be. It is then up to the
convict's own behavior as to whether
He gets out under the minimum sen
tence or has to serve the full term.
Chairman Davison said:
"The Prison Commission is hearti
ly in favor of the indeterminate sen
tence. We have had practical ex
perience of the operation of such a
law in the Boys’ Reformatory, and
it has worked well. We have found
that it makes better boys. It gives
them the incentive to work for their
release, and yet we are enabled to
keep an eye on them and keep thm
under our supervision after th'ey have
been paroled. They know that their
only chance to get out before serving
their full term is to make good in
deportment.
"If the convicts are given inde
terminate sentences I * believe the
same condition will prevail. Instead
of increasing their evil tendencies
and making them as sneaking and
idle as they dare to be they will have
an Incentive to behave themselves
and do good, steady work. They will
be given the power to redeem them
selves. We have discussed the meas
ure thoroughly, and we are satisfied
that with safeguards thrown around
it as they are, it is a good and prac
tical one.”
The measure is framed to exclude
from the Indeterminate sentence per
sons who have been convicted of two
former offenses, also persons sen
tenced to life imprisonment, or per
sons sentenced for treason, arson,
criminal assault or attempted crim
inal assault.
Women Voters Buy
Auto Fire Equipment
CHAMPAIGN, ILL., July 30.—The
purchase of two automobile fire trucks
and other modern fire-fighting appli
ances by the city of Champaign was
possible to-day because the women at
yesterday’s election voied unanimous
ly for the issuance of bonds for the
purchases.
Without the ballots of the women, it
was estimated, the proposition would
have failed.
Aid Goes to Burning
Coastwise Steamer
NORFOLK, VA. f July 30 —The Mer
chants and Miners’ steamer Howard
is at sea with a fire in her forward
hold, according to a wireless message'
received here to-day.
The Old Dominion steamer Monroe
fcus gone her assistance,
Mystery in Slaying
Of Man in East Rome
Rome, July 30.—Mysteriously killed
last Saturday night, the death of
Floyd Frisco has just become known.
Coroner Miller learned to-day that
Frisco had been done to death on
White Row in East Rome, and so far
he has been unable to unravel the
mystery.
Frisco was at the home of Will
Watley, but Watley. who was aiso
shot in the arm, can not or will not
divulge the name of the assailant, ex
cept that his name is Fred. Watley
is being held until "Fred” can be
found.
Women After Police
Jobs Work ‘Pulls’
Woman's uife baved
By Birmingham Man
SAVANNAH, July 30.—Summer
residents at Tvbee tell a thrilling
story of a daring rescue when Mrs.
Pearl Golden, of Savannah, was car
ried out by a strong undertow. She
would have drowned had It riot been
for the bravery of Sam Seigel, of Bir
mingham, who went to her assistance.
Selgtl reached the point where the
woman was struggling in the water
Just a moment before she collapsed,
completely exhausted. He caught Mrs
Golden under his left arm and swam
with her to shore.
Arrested on Charge
Of Deserting Wife
ROME, July 30.—Shortly after he
had registered at a local hotel H. A.
Smith, of Durham, N. C., was arrested
by police officers on charge** preferred
in the North Carolina town. One
charge is wife desertion.
Smith was arrested oil the receipt
of a telephone message sent from At
lanta by his wife, who declared that
j he was preparing to desert her. Later
on the Chief of Police here received a
long-distance message from Durham
asking that Smith be held until offi
cers could arrive.
We Have Reduced
Everything
20% From the Regular Price
Do not let the opportunity to get that -which is so
genuinely good at such rarely low prices pass with
out taking advantage of it.
We move to our new store some time in August,
and. until that time practically all of our present
stock is going at this reduction. 1 Only a small quan
tity of Silver, Hamilton and Howard Watches and
Waterman Fountain Pens are reserved.
Kjugepe iXyCagpe^-
JEWEUEiy — .37 WHITEH^U ST.
FRANK K. REYNOLDS & CO.
SURETY BONDS, FIRE, CASUALTY
AND BUR GLARY
INSURANCE
Automobile, Accident a nd Health Insurance.
Plate Glass.
914-34 Candler Building. Phone Ivy 5277.
CHICAGO, July 30.—For the ten
jobs as policewomen in Chicago May
or Harrison to-day bad GO applica
tions.
Most of the applications were in
dorsed by politicians who are reput
ed to have a "pull" at the City Hall.
One woman asked that her claim upon
an appointment be considered because
her father had kept faith with the
Democraiic party since the war.
CALL A CARPENTER!
PHILLIPSTCWN, N. Y.. July 30.
The wooden leg of Jeremiah Con
nolly was run over and broken when
he tried to board a moving freight
train here.
LIGHTNING WRECKS BARN.
TIFTON —The bam of E. O. Hood,
in the northern part of Tift County,
was struck by lightning and totally
destroyed. A muie and a horse were
burned.
SEASHORE
EXCURSION
AUGUST 7.
Jacksonville, Brunswick,
St. Simon, Cumberland, At
lantic Beach, $6.00—Limit
ed 6 days. Tampa, Fla., $8
—Limited 8 days.
TWO SPECIAL TRAINS.
10 p. m. solid Pullman train.
10:15 p. m. Coach train.
Make Reservations Now.
SOUTHERN RAILWAY.
SEMI-ANNUAL STATEMENT
For the six months ending June 30, 1913, of the condition of the
EQUITABLE FIRE INSURANCE COMPANY
OF CHARLESTON,
Organized under the laws of the State of South Carolina, made to the
Governor of the State of Georgia, in pursuance of the laws of said State.
Principal office, Equitable Building, Broad and Church streets.
I. CAPITAL STOCK.
Whole amount of capital stock *200,000,00
II. ASSETS.
Total assets of the company, actual cash market value .. .. ..$385,940.12
III. LIABILITIES.
Total liabilities $385,940.12
IV. INCOME DURING THE FIRST SIX MONTHS OF THE YEAR 1913.
Total income actually received during the first six months in
cash $ 89,261.00
V. EXPENDITURES DURING THE FIRST SIX MONTHS OF THE
YEAR 1913.
Total expenditures during the first six months of the year in
cash $ 97,932.16
Greatest amount insured in any one risk $ 5.500,00
Total amount of insurance outstanding 11,741,233.72
A copy of the act of incorporation, duly certified, is of file in the office
of the Insurance Commissioner.
STATE OF SOUTH CAROLINA—County of Charleston.
Personally appeared before the undersigned Wm. G. Mazyck. who. be
ing duly sworn, deposes and says 'that he is the secretary and treasurer
of the Equitable Fire Insurance Company, and that the foregoing state
ment is correct and true.
WM G. MAZYCK, Sec. and Treas.
Sworn to and subscribed before me, this 18th day of July, 1913.
W. H. DUNKIN’,
Clerk of Court. Charleston County, S. C.
Name of State Agent—F. H. REYNOLDS.
Name of Agents at Atlanta—F. H. REYNOLDS <£. CO,
“The child is not dead,
but sleepeth.”
—Mark 5:39
A man came crying:
"My little daughter is at the point of death;
"I pray thee that thou come and lay thy hands on her that she may
be made whole and live.”
With him went Jesus.
On the way a woman touched Him.
She was healed.
But others came saying to Jairus:
"Thy daughter is dead: why troublest thou the Master any further?”
Jesus said:
"Fear not, only believe.”
And in the house He asked:
"Why make you a tumult and weep? The child is not dead, but
sleepeth.”
"And they laughed Him to scorti.”
But when He touched the girl and spoke, she rose and walked. *
"She was twelve years old.” " 7 ^7"
Worse than death may come to the daughters of men—even to
yours and ours.
And some men and women would laugh in derision at the sugges
tion of their cure.
But not so with Christ, our Lord.
And, thank God, the centuries of His love have made the majority
of mankind pitiful to the fallen: they no longer scorn and stone, if they
only know.
Think of this!
Seventy-five girls—not hardened women of the street—but girls
under sixteen, are in charge of one Georgia Court. Many more—some
even younger—are in the State.
"They are morally dead,” say some.
Not so, we answer in Christ’s name. #
They only sleep.
You could wake the conscience of each one of them—
You could save them, and with them many others from worse than
death, had Georgia a reformatory for girls like other States.
They are being lost for the want of this.
Do not pass them by.
TO SAVE ONE MAN’S DAUGHTER FROM RUIN AND SHAME
IS WORTH MORE THAN TO SAVE ALL OF OUR HOGS AND
COWS FROM CHOLERA AND THE TICK.
And yet, Tuesday again the Appropriations Committee of the House
recommended the appropriation of thousands of dollars for this and that,
WHILE CHAIRMAN CRAWFORD WHEATLEY, of* Sumter,
moved that the Jones and Mills bill, establishing a reformatory for girls,
be laid on the table until next year.
This would mean the destruction of many a girl—their loss for the
want of a place in our State to handle delinquent girls; these can not be
put in the chaingang or with the women of the prison farm.
John Y. Smith, of Fulton, with C. F. Hollberg, of Coweta, saved
the measure by suggesting that it lay over until this coming Thursday.
Chairman Wheatley agreed to this.
It was done.
The Penitentiary Committee has recommended that this bill do pass.
The Prison Commission has said that Georgia to-day can not take
care of her wayward and delinquent girls.
Confidently, we believe that the Committee on Appropriations will
recommend the passage of the bill carrying the appropriation of $30,000
($45,000 less than was asked for) to build the reformatory for girls.
The need is urgent—far more so than the sickness of our hogs.
You can and will find a way to provide for these girls even as you did
for our beasts that are sick. ,
EXECUTIVE COMMITTEE OF THE MEN
AND RELIGION FORWARD MOVEMENT