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13 D HEARST’S SUNDAY AMERICAN, ATLANTA. OA., SUNDAY. AUGUST 10, 101.1 Cashier of Barber Shop Rose To Be Ranked With Morgan and E, H, Harriman. KEPT HIS FOLLOWING INTACT Inspired Unswerving Loyalty by His Faith in Men—At His Best as a Builder Big Money in Souths Sweet Potato Crop if Properly Stored and Marketed Value of Sweet Potatoes Increases 80 Per Cent During Last Ten Years—Ninety Per Cent of Crop Grown in South Atlantic States. Great Demand Not Supplied. CHARLES A. WHITTLE. CHICAGO, Aug. 9.—Wall Street tacks leadership and the recent de mise of Anthony N. Brady removed another great figure from the finan- cial galaxy depleted by the deaths of E. H. Harriman, J. P. Morgan, John W. Gates and Edwin Hawley. As a financier of great ability, his leadership In commercial enterprises was made pre-eminent by the success? he attained in building up Brooklyn Rapid Transit, Consolidated and People’s Gas, American Tobacco and United States Rubber, for which he made conspicuous markets during periods of activity in stocks. His constructive ability appeared to be limitless’ and his policies had a wide following, particularly in public utility operations. At the time of his death, he was a director in sixty corporations. Mr. Brady’s first im portant business transaction was the acquisition and consolidation of trac tion companies in and about Albany. He built these up to a high degree of public efficiency, a? well as profit to -stockholders, and eventually sold them at good terms to the Delaware and Hudson. Similarly with the Providence Tractions, which he sold to the New Haven. He Trusted Men. Loyalty to his friends and business associates and scrupulous honor in keeping agreements made him one of the great powers of finance, but he went further than that. He trusted men. believing that those with whom he chose to do business would be as highly honorable as himself. In his relations with his friends he was not alone loyal. He went out of his way to help them. The result was that most of them were ever on the alert to help him. Wall Street never heard as much as a rumor of dissension in th Brady party, nor as much as an idle report of financial troubles among any of Mr. Brady’s associates. But it does know of weathy men in Al bany who were Mr. Brady’s friends in early days and business associates in New York and elsewhere who have become both wealthy and prom inent by his guidance. It knows also that no Wall Street party ever held closer together *or ever transacted enjch important matters of business with so little noise or criticism. Loyal as Morgan. “Mr. Brady stuck by his com panies.” said one of his business as sociates, “and he stuck by his friends. Toward them his loyalty was of the intensity of Mr. Morgan. Like Mr. Morgan, he never withdrew from a transaction oi*ce he had given his word that he would participate. He was a man of high honor in his deal ings with all his associates and i^was to his loyalty to them and their loy alty and admiration for him that his success was largely due.” In his management of Consolidated Gas and its subsidiary, the New York Edison Company, companies which were formerly bitterly assailed, Mr. Brady’s policy was liberal to the point where it eventually disarmed criticism. It was through him that George B. Cortelvou, on hi? retire ment from the Cabinet, was per suaded to accept the presidency of Consolidated Gas and he collabor ated with Mr. Corielyou in settling all the mass of litigation with New York City and State. As a builder and a man of constructive policy Mr. Brady’s work was before every one in the development of the Brooklyn Ranid Transit. The company had been exploited in the stock market before he ac quired control and had never paid a b dividend. Since that time it stead ily developed along straight business lines, placed on a 6 per cent divi dend basis and !«• an important factor in the rapid transit work now under way in Greater New York Made Money in Tea. His career in the world in business began ir. a barber shop in Albany. N. Y., as cashier. Later he started a small tea business. In that he showed the remarkable business ability through which he accumulated a for tune. He established a chain of stores in several cities in the north ern part of New York. and. it was said, through this enterprise he ob tained the capital with which he be gan his early operations on a larger pcale. His *next enterprise was to manipulate a corner in quinine Then he obtained stock in the Albany Gas Company and began his operations as a promoter. Soon after he had be come connected with the gas inter ests he bought several large granite quarries, which he disposed of at a pig profit, and again turned his atten tion to gas and secured several large interests' in Albany, Troy and Chi cago. Studied Gas Chemistry. When he had become interested in gas Mr. Brady began a systematic study of the business in all of its phases He devoted weeks to trie ptudy of chemistry a« applied to the manufacture cf gas and finally ndopted the De Mote plan. To make the improvements he needed addition al capital, so he took his plans to Roswell P. Flower and Edward Mur phy. They Interested E. C. Benedict and Grover Cleveland and entered into a deal by which the gas plants of Albanv were purchased outright. He went into the oil business and or ganized the Manhattan Oil Companv of Lima. Ohio, selling its output to the Chicago Gas Company. Speaking of big money-making crops suited to the South, what is the matter with the sweet potato? For sure corps, good returns and a growing market, take your hat off to the sweet potato patch. Georgia is “pulling down” some $5,000,000, Ala bama some $4,000,000, Mississippi $3,500,000, Louisiana $3,000,000, Ten nessee $4,000,000, North Carolina $5,000,000, South Carolina $3,000,000, Virginia $3,000,000. Kentucky $1,000,- 000, Arkansas $2,000,000. Texas $2,- 500,000. Florida $2,000,000 in sweet po tatoes each year. Ask any groceryman if he ever ha? enough sweet potatoes to supply the demand. If he has, he is the excep tion to the rule. The South is the natural habitat of the sweet potato. It is up to the Southern States to supply the de mand. The demand is growing, the sweet potato patches are growing, but the demand is quite a lap ahead and gaining. In fact, there Is a wide- open, attractive opportunity for the Southern farmer in growing sweet potatoes. Why not “go to it”? The Spread of the Potato Patch. Under the inspiration of a growing price and an enlarging market, the sweet potato patches have extended their area during the census decade previous to 1909 39.3 per cent for the country a? a whole. While the South ern States have them all beaten In advantages, every State In the Union is growing potatoes and only four- are falling away from the habit and show a decrease in the decade period mentioned. These are Pennsylvania, Indiana. Illinois and Texas. Georgia takes first place in the amount of revenue derived from the sweet potato according to census fig ures. Other Southern States in their order are North Carolina, Alabama. Mississippi, Virginia. South Carolina. Louisiana, Texas. Tennessee, Arkan sas, Florida and Kentucky. The increase which the census shows for the last report for each State is as follows: Louisiana 174 per cent, Oklahoma 155 per cent, Arkan sas 154 per cent, Alabama 112 per cent. Mississippi 110 per cent, North Carolina 104 per cent, Georgia 85 per cent. Tennessee 84 per cent. South Carolina 70 cent, Kentucky 66 per cent, Virginia 56 per cent. Florida 3" per cent. The Southern States grow a very great part of all the sw^eet potatoes, and will continue to grow- them for the special reason that the soil, cli mate and long growing season favor this kind of tuber. Therefore, the increase In acreage and revenue from this* source will belong to the South in the future as in the past. Increase in Price. The census report tells us that for the last decade reported that the value of the sweet potato crop in 1909 in the South Atlantic States was three-fourths greater than it was in 1899; in the WesY South Central States nearly twice as great. Since the South Atlantic State? grow over 90 per cent of the sweet potato crop, it is important that particular refer ence should be made to this territory. In Georgia, for instance, the aver age value of a bushel of potatoes in creased 13 cents during the census decade and has increased more since then. In North Carolina the increase in price per bushel during the last census decade was 14 cents. In Ala bama the increase has been 18 cents per bushel, in Louisiana 9 cents pei bushel, in Mississippi 17 cents. The increase in the value of sweet potatoes in the country as a w'hole for the last census decade was 13 cents per bushel, or 30 per cent. The increase has been continuing. While there has been a general increase in the value of all crops of the United States, contributing to the higher cost of living, yet the larger demand for the sweet potato has pushed ahead of the general average consid erably. While values have been estimated in generalities of a census report, it goes without saying that the intelli gent, thrifty farmer has little to do with such general averages. They are very far beneath him. His yields per acre, his returns per bushel are al ways much in excess of the general average. It is possible for the intel ligent farmer, planting on good land, to .grow from 100 to 800 bushels of sweet potatoes per acre. It is easy enough to average from 75 cents to $1 per bushel. It is possible by good storing to get from $2 to $3 per bushel or even more by home canning. Profits Can Easily Be Increased. When a farmer finds the local mar kets flooded at potato gathering time, and can get only 50 cents a bushel, he is disposed to believe that there is not much in the sweet potato busi ness. A great many growers are content to market their crops under such unfavorable conditions, rather than go to a little more trouble and get much better prices. In some of the potato-growing sec tions of the South the co-operative marketing societies which have hanr died the strawberry, cantaloupe, beans or other early crops, also handle the sweet potato crop in its season, ship ping to some Northern market. Usual ly better prices can be had in the Northern market than prevails in the local Southern markets. Where canneries have been estab lished an increasing amount of sweet potatoes are being canned each year, netting the farmer who knows how to can successfully large returns. Even where the potatoes are turned over to the commercial canning plants the revenue is larger as a rule than is to be obtained upon a flooded market. Storing is the Best Method. More can be obtained from sweet potatoes by storing them than by any other method, with the possible ex ception of canning. Since canned sweet potatoes are not in as great demand as the natural tuber, of course, there is a danger of overdoing the canning business at the first A very valuable bulletin has just been issued by the United States Dr 1 partment of Agriculture, entitled. • Storing and Marketing Sweet Po- Georgia State College of Agriculture. tatoes,” by H. C. Thompson. This has appeared as Farmers’ Bulletin 548, and should be in the hands of every farmer In the South who is interested in growing and marketing sweet po tatoes. Its particular value is in its information as to how to store sweet potatoes. It is well known to every grower of sweet potatoes that the storing proposition is quite different from that of the Irish potato. Many methods have been used for storing the sweet potato in the South. Some of them are successful, but most are not. The usual method is to bank them —that is. bed them in straw and cov er up with dirt, preferably under a shed, but if in the open, the mound is covered with boards. This method, while serving well for the Irish po tato, Is not so good for the sweet po tato, which carries a greater percen tage of water in its makeup. It is for the purpose of giving the farmers who grow sweet potatoes a practical, workable storage plan that the bulletin referred to has been is sued. Many Potatoes Spoil. The writer says that from 25 to 50 per cent of the sweet potatoes stored in pits or hanks spoil, and those that remain are not to be considered of first-class quality. He says that the only safe and practical method of storing sweet potatoes is in a storage house. To keep sweet potatoes in good con dition they must be well matured be fore digging, carefully handled, well dried or cured after being put in the house, and kept at a uniform temper ature after they are cured. A potato is ready to be dug when after breaking one, the exposed broken surface dries in a few minutes. If it remains moist, the potato is not mature. The potato should be carefully han dled when it is intended for storage. It should be put in -baskets or boxes and placed in the bins with the least Jolting and bruising possible. If stored in the kind of house which is suggested, they can there be properly cured. The Best Storage House, While a cheap storage house can be made to serve the purpose, expe rience has taught that to maintain right temperature the cost of fuel and the trouble will soon offset the extra cost of erecting a good house at the start. A desirable wooden house is pref erable because it is cheaper and eas ier to keep dry'. It should be built on posts or piers to admit of the circu lation of air all around it. The “dug- out” or house partly built under ground is advised against for use in the South because of the practical impossibility of keeping such a house dry. Moisture, of course, means rot. For building a storage house that will hold 2,500 to 3,000 bushels of potatoes, a house 20 by 40 feet may he erected. On the sleepers a rough f^oor can be laid, and on top of this a layer of heavv building paper placed, and cn top of this matched flooring. The walls can be built by putting on the outside of the studding board an inch thick nailed on diagonally. Over this a layer of building paper should he put, and then matched sid ing. On the inside of the studding a layer of ceiling should be placed; on top of this a layer of building paper, and then matched hoard of wainscot ing. In the lower South it is claimed that the first layer of ceiling on the studding inside may be omitted. The sides should be well tied to gether with scantlings four feet part so as to be over the partitions for the bins. Any kind of roof may be used provided it be made tight to keep out the cold. Galvanized iron is preferable. A layer of roofing pa per over the rafters will S'erve to keep the cold air out. Coat of Paper Needed. On the lower sides of the rafters should be put a coat of building pa per and on this a layer of matched material. The space between the walls should be left open. No filling serves as well as the air itself for keeping the build ing free from moisture. Thorough ventilation is nece c *sary. Put three windows on each side, a door in each end and at least two ventilator? in the top of the roof. The windows should be within 18 inches or two feet of the floor and windows and doors should be made to fit tight and keep out the cold. Where glass windows are used, outside shutters should be employed. It is needflul that there should be one or more glass windows to admit light, while working inside In the winter. Ventilators in the roof must also be provided with coverings to keep out the cold. The bins should have movable floors, made of slats one inch thick and four wide, leaving one inch space between each slat. The same is true of the walls of the bins. The pur pose in making a movable floor in the bin is to admit of removing, cleaning and disinfecting it durng the summer. Between 6 and 12 inches of ?pace should be left in the walls and the bins to admit of the circulation of air. In slatting up the bin?, space to the width of the separating scant ling can also be made, that is, each bin should have a separate end. Log House Can Be Used. Instead of going to the expense of erecting the building described, many Southern farms will be found a ten ant house, perhaps a log house, which can be converted into a sweet potato house at little cost, remembering to make them air-tight as far as pos sible and introduce the ventilation features which have been described. After the potatoes have been put in the storage house the tempera ture should be maintained from 80 to 85 degrees Fahrenheit for ten days or two weeks, depending on weather conditions. Ventilation is absolutely necessary at this period and whether the temperature can be maintained at the height mentioned or not. it is better to keep all win dows and ventilators open to drive out the moisture-ladened air. If moisture collects on the wall or ceil ing at this period a fire must be built at once to dry it out. When the potatoes are thoroughly dried or cured the temperature should he gradually reduced and kept a? near as possible around 55 degree during the storage season. If the temperature goes below 48 de grees a fire should be made in the house, or the house opened in the middle of the day if the temperature is high enough. If the temperature in the houve goes above 60 degrees, the house should be opened in the cool of the day to lower the temperature to 54 or 55. The house should have some ventilation every day. Secret of High Prices. Potatoes bruised and cut during the digging and handling accounts for the poor price which many of them bring. The secret of getting high prices is to carefully clean and pack and to put on the market when there is a good demand. The storage house will provide for the latter. To clean potatoes requires very lit tle trouble but it pays. To pack the right lynd of potatoes is easy enough when proper precautions are taken. First it is better to use plows with rolling colters on the beam to cut the vines, and with rods attached to the mold board to free the roots from the soil and vine. The potatoes can then be taken from the ground with hand and should he sorted at this time. Those of uniform size and good qual ity should go into one pile for the market, those selected for seed in an other and the remainder can be canned or fed to stock. Potatoes should not be tossed from row to row. nor packed in bags even to haul to the storage house. It is better to handle them in baskets or boxes to storage and to market and thus save waste from bruises and rotting. Some Sweet Potato Facts. Based upon the discussion of the bulletin referred to in this article cer tain conclusions have been summar ized as follows: The value of th e sweet potato has increased about 80 per cent in the last ten years. With methods of stor ing and marketing the present value could be doubled. Sweet potatoes can be kept satis factorily in a storage house where the temperature and moisture condi tions can he controlled. Sweet potatoes to keep well must be well matured, carefully handled, thoroughly cured and kept at a uni form temperature while in storage. Thorough ventilation is essential during the curing period. The temperature should be kept at about 80 degrees or 85 degrees Fah renheit during the curing period and reduced gradually to 55 degrees after the potatoes are cured. Fluctuations of temperature should be avoided throughout the storage period. The potatoes should be carefully graded, cleaned and packed in neat and attractive packages. Sweet potatoes should never he marketed in hags nor in hulk. Veneer barrels or bushel hampers are desirable packages to use during mild weather and double-headed stave barrels or tight boxes in cold weather. Chicago Banker, Former Comp troller, Says Administration Act Would Bring Disaster. FIRST GINNING Census Bureau First to Show Amount to August 31—Dates of Reports. That the enactment of the admin istration currency hill would be the forerunner of commercial disaster by placing the banking system under the control of politics, is the prediction of Charles G. Dawes, president of the Central Trust Company of Illi nois and formerly Comptroller of the Currency. Mr. Dawes issued a critical review of the chief feature of the hill. He is the firstj State banker to discuss the measure in detail. “The industry and capita! of the country must awaken now to the menace that confronts them in the administration currency bill,” he warns, “and not wait until after they have paid the price of prosperity for the knowledge which experience would bring.” Objections to Bill. His principal objections to the bill are summarized in the following par agraphs: “This plan compelling the national banks to furnish to competitors (the proposed Federal reserve banks) both capital and business, and di vorcing ownership from control by putting these competitors under the control of political appointees, brings the banking system of this country into the situation again from which it emerged after Andrew Jackson, hacked by the State banks on one hand and the radical politicians on the other, ruined the Second Bank of the United States and plunged the country into the devastating and ter rible panic of 1837. Says It Will Repeat History. “If this bill is passed our banking system is again projected into poli tics. If one would know what this means to the business and prosperity of the nation, let him road the finan cial history of the United States from 1830 to 1840." “While it is so constructed as to appear on its face less radical in its grant of centralized power than the Aldrich hill, it is. in fact, much more radical in its grants of such power. Such of the advantages of the Al drich bill—as, for instance, the pro visions for elasticity in our currency and for the mobilization of hank re serve.?—which it seeks to retain, it offsets by other provisions which will entail greater evils than the ones from which we now suffer. Must Furnish Capital. “This hill proposes to compel the I national banks to furnish the capital j for a number of Fed ral reserve banks j under the ultimate control of gov ernment appointees, which reserve banks, under the provisions of ♦h'' law, become competitors of the na tional hanks and State banks. “Besides their capital, it compels j the national banks to turn over to these competitors several hundred millions of reserve deposit—in other words, to contribute to them both capital and business. As the Federal reserve banks pay no Interest on these forced reserve deposits, they will be no mean competitors in th°ir use in open market operations. No Limit to Loss. “No limit Is put to the extent of loss which the national banks may suffer on their Investment in Federal reserve bank stock, but they are lim ited to a 5 per cent return as possible profits. “The Government which has re ceived par for its 2 per cent bonds, deposited by the national hanks to secure their circulation, if this law is passed threatens with loss any national hank which has outstanding circulation and desires to retire from the system. The real reason why no adequate protection against the fall in pric^ of the 2s. due to the withdrawal of the currency privilege, is given I outstanding holders of them seems to j he to make it expensive for national j banks having a large circulation to j join the exodus from the national system which will occur if this bill I passes into law In its present form. It is not apparently a matter of over - ' sicht or carelessness that the interests j of outside holders of 2 per cent bonds i are thus disregarded. WASHINGTON. Aug. 9—Earliest ginning operations are about one month distant in the cotton season of 1913-14. Although no official re ports will be made public before the early part of the new crop year, the trade is always interested In know ing how freely the new yield moves in the closing weeks of the old sea son as well as in the early stages of the new year. The census bureau in its earliest announcement will show the amount of cotton ginned up to the end of August, and will make pub lic its first report on September 8 at 10 a. m., it is expected. That will be the first of ten separate reports, extending from that date to March 20 in the following year. These ten reports cover a period of six months or more. There will be two ginning reports in October, two in November and two in December and January. Dates of Reports. Below are the official dates for the season: OCCASIONAL OBSERVATIONS Young Morgan is said to be “grow ing” wonderfully. James J. Hill red lights. has stopped swinging Report Date to No. which re- 1913-14. port relates 1 Aug. 31 2 Sept. 24 3 Oct. 17 4 Oct. 31 5 Nov. 13 6 Nov. 30 7 Dec. 12 8 Dec. 31 9 Jan. 15 10 Feb. 28 Date of Pub lication (10 a. Sept. Oct. Oct. Nov. Nov. Dec. Dec. Jan. Jan. Mar. 20 m.) 8 25 8 21 8 20 9 3 A taxidermist is now' taking care of the trophies recently shot in Af rica by A. Barton Hepburn, chair man of the Chase National Bank and chairman of the Currency Committee of the American Bank ers’ Association. Among the ani mals brought down by the banker are gazelles, elands, wildbeast, lions, heart hearts, rhinoceros, al ligator and many specimens of horned animals. One of the two lion skins measures 9 feet 8 inches. • • * Howard Elliott, in addition to run ning a railroad, Is a tennis crack. • • • Very amusing was the news that a Vulcan Detinning Company di rector who owned outright two shares of stock had solemnly pledged himself to his co-direc tors thus: “I will not sell a single share of my holdings so long as I re main a member of this directo rate.” * • • A member of the party of President Brown, of the National Railways of Mexico, thinks the one thing lacking in the present tangle in the land across the Texas bor der is “personalisme.” In Span ish the word means everything that is included in Anglo-Saxon individuality, personality and in itiative. It is suggested that a citizen of staid Sagamore Hill w'ould consider himself just the man for the jab. • * * “Honest graft” is universal. Juicy, stalks of Michigan celery bring good prices, but the traffic man ager of a big express company on a trip from New Orleans saw his own unskilled employees eating bread and coffee—and celery. Reports of Consumption. These reports will show conditions at the close of business on the dates to which they pertain. Besides the reports mentioned above there will be for the second season, monthly re ports of cotton consumed, imported, exported, and on hand, and of acting consuming cotton spindles. Each of these will relate to a calendar month and w'ill be published about the 14th of the succeeding month. The date for these reports are gathered in the cotton growing States by the local agents of the bureau, who collect the ginning reports. In all other States the data are secured by correspond ents and by special agents detailed from the bureau to canvass the im portant mill centers. Ginning and consumption reports combined make a total of 22 during the crop year. Disbursements For August to Reach Nearly $11,000,000 Payments of Dividends and Interest Show Gain Over Six Months and Year Ago. Twelve New Banks Chartered in July Government’s Report Shows Total Capital of the Dozen $450,000; 7,498 in Existence. During July thirteen applications to organize national banks w'ere approved and twelve were authorized to begin business. The twelve banks which were given permission to begin business have a to tal capitalization of $450,000. of which Railway Uompany 4 per cent bonds .is BOSTON, Aug. 9.—Estimates of dividend and interest disbursements in August, payable in Boston, are placed at $10,681,336. compared vrith $10,439,700 six months ago aud $8,450,- 900 in August, 1912. Included In the above figures is the entire amount of dividends payable by the copper companies listed on the Boston Stock Exchange, which in sev eral instances are not paid in Boston, although large por tion is distributed to Boston stockholders. The copper companies paying div idends next month and amounts, with present rate, compared with August in previous year follow: 1913. 1912. Amount. Amalgamated. .$1.50 $1.00 $2,999,319 Mohaw'k. . . . 2.00 2.50 200,000 Grief Consol . . .10 .... 87,133 St.Mary’s Min.L. 1.00 1.00 160,000 Miami 50 .50 373,379 Total 03,119,838 Railway Bond Interest. The Boston Elevated Railway Com pany makes the largest bond interest, payment next month In the local rail road and street railway group, being called upon to pay $240,040 semi-an nual interest on West End Street WITH PUBLIC Success of $100 Denomination Issues Leads Big Corporations to Consider Same Policy. NEW YORK. Aig. 9.—Of great in terest recently has been the call for “baby” bonds, that L?, the bond! which are Issued In $100 units. The success of the email bond has causd many of the larger corporations to consider seriously tne issuing of all- future bonds in $i00 units and the extension of the cutting-up privilege to bonds already outstanding. The American Telephone and Tele graph Company Is preparing a thor ough analysis of its experience with the baby bonds. Only with the re cent issue of bonds did the company enter the $100 bonds class and but one delivery has been completed. The other will be completed in Septem ber and the analysis will appear soon after. It was said by one of the higher officials yesterday that the : $100 bond unit has come to stay and that the number of applications for the small unit have been very many, greatly exceeding expectations. Definite data is lacking, but the work of compiling statistics on the first distribution is under way. Very few requests for conversion of $100 unit bond? into $1,000 bonds have been made, purchasers of several thousands of dollars In small-denom ination bonds preferring to keep them In the “baby” class, recognizing that thereby a oroader market is avail able. The Solvay Process, By-Products Coke. Virginian Railway American Public Service, and City of New Or leans $100 bonds, all 5 per cent bonds with the exception of the By-Prod ucts issue, which bears 6 per cent, are among those for which there have been definite inquiries in the past few days. Elliott Seems To Be Nemesis of Mellen Acquaintances Recall How New Head of New Haven Has Dogged Predecessor's Footsteps. eight, with a total capital of $200,000 had individual capital of less than $50,- 000, and four, with a total capital of $250,000, had individual capital of $50,- 000 or over. At the end of July there were 10.427 banks organized, of which 2,929 had dis continued business, leaving in existence 7 4!*8 banks, with authorized capital of $1,065,922,175 and circulation outstand ing. secured by bonds, of $738,502,408. The total amount of national hank clr provided for under the lease; in ad dition. the Boston Elevated pays $716,382 as a 3 per cent semi-annual dividend on its stock, making total payments by the road next month, for Interest and dividend, of $954,422. The city of Boston has no interest falling duo in August, there being four months in the year when the city pays no interest, namely, August, culation outstanding was $759,293,191. of September, February and March. The w’hich $20,790,738 was covered by law- | State of Massachusetts is called upon fill money of a like amount deposited with the Treasurer of the Unite<i States on account of liquidating and insolvent national banks and associations which had reduced their circulation. No Money to Move Big Canadian Crops Funds Harder to Get Than Ever Be fore—Government Urged to Furnish $10,000,000. Sav TJ. S, Loans May Tighten Money sn."; U u than eve U. S. Makes Big Gain In Trade to South Exports $10,000,000 More Than Pre vious Year—Imports Remain Almost the Same. WASHINGTON, Aug. 9.—Whil“ trade between the United States and five of the principal South American countries, Argentina. Brazil, Chile. Peru and Uruguay, still is in favor of the southern republics, this country made a considerable gain during the past fiscal year. It reduced by $10,- 000,000 the wide margin of difference between its imports from and ex ports to those countries. Imports valued at $187,000,000 are the ?ame as in 1912. In exports the United States gained, shipping $126.- 000,000 of merchandise this year against $116,000,000 last year. In creases were made In shipments to all countries named, except Argen tina. In the past year Argentina bought $53,000,000 and sold $27,000,000; Bra zil. $43,000,000 bought. $120,000,000 sold; Chile. $16,000,000 bought. $28,- 000.000 sold; Peru. $7,000,004 bought: $10,000,000 sold: Uruguay, $2,000,000 bought, $7,000,000 sold. Auto Exports Grow Forty-fold in Decade Canada Alone Takes Cars. Parts and Accessories Valued at $9,200,- 000 in Year. WASHINGTON, Aug. 9.- Automobiles and automobile parts to the value of $40,000,000 were shipped from the United States in the past fiscal year, as against $1,000,000 in 1903, a decade ago, according to figures by the Bureau of Foreign and Domestic Commerce. Of last year’s shipments. $28,500,000 were in finished automobiles. Canada was the largest buyer, with 7.200 cars, worth $9,200,000. while Eng land bought 4,000. valued at $3,000,000. Less than $2,000,000 worth of automo biles were imported, at an average price of $2,300, while in 1907 more than $4,000,- 000 worth were brought in at an aver age price of $3,400. COAL TRADE PROSPERITY. BIRMINGHAM. Aug. 9.—The semi annual report made up of official and semi-official figures indicates that the coal production in Alabama in 1913 will go between 18.000.0(H) and 20.000,000 tons tons, the largest in the history of thf industry in this State. Several of the iarge-r coai mining companies in Ala bama have orders f" hand which will warrant the nperat * n of coal mines inrough the balance of the year. CALGARY, ALB., Aug. 9.—West- I ern Canada now faces a peculiar | financial situation. With the biggest in history, ready for harvest- two weeks, money is tighter than ever known here. 1 Newspapers are urging the Domin- Bankers Declare Funds Will Come | ion Government to load $10,000,000 in Alberta either to farmers or by tak ing up provincial or city bond issues. Crop Movement. | Banks claim they have no funds to loan. to New York, and Not Aid Within ten days two daily papers in Alberta, have temporarily sus pended publication, expecting to re sume in the fall. English banks are coming to the aid of farmers in mar keting crops. NEW YORK. Aug. 9.—Bank offi cers in the financial district took ex ception to the statement by Senator Tillman that they had ruined the Southern farmer, and in answer to this said loans to the South this spring had been about 50 per cent greater than in the corresponding pe riod last year. One said Government aid might seriously tighten money, as out-of- tow'n hankers w'ho get. the money at 2 per cent would immediately pay off New York loans carrying 5 to 51-2 | New York Concerns Get State Su per cent, so that the money would find ! preme Court Writ of its way to New York and not meet K Mandamus, any commercial or agricultural needs, j Atchison, Kansas, Must Pay Its Bonds Another bank head said: “Banks of New York City have loaned more money this year to the South by a good sight than last year. This bank, for instance, loaned 50 per cent more to the South than last year. “To-day we loaned $5,000,000 more to our hanking correspondents in the South than on the same day last year.” J. S. Alexander, vice president of the National Bank of Commerce, said: “No borrower from the South, West. North qr locally has requested loans from .the National Bank of Commerce without receiving the fullest consid eration and treatment satisfactory to himself.” TOPEKA, Aug. 9.—The Kansas Su- f ireme Court has Issued an order grant- ng an alternate writ of mandamus against the city of Atchison to make the city pay off the $266,000 of bonds which fell due July 1, and for which no provision had been made to pay. The court was asked to grant the writ by E. D. Levison & Co. and the Columbia Knickerbocker Trust Compa ny, of New York, holders of $70,000 worth of the bonds. A restraining or der against the city making any tax levy unless It includes a levy for the payment of the bonds was also issued. Under the order of court, Atchison must either pay the bonds in November or refund them at the current rates in stead of 4 per cent. to pay $150,500 in interest next month. Light Corporation Dividends. The Boston lighting companies make large dividend payments this month—a total of $858,500, or 19 per cent larger than last year—as follows: 1913. 1912. Edison Company . .$546,000 $468,11 1 Mass Gas Cos. . . . 312,500 250,000 Totals $858,500 $718.11! The classification of estimated pay ments to be made next month fol lows: Interest on railroad bonds. . Interest on miscellaneous bonds t • * Interest on U. S.. State and municipal bonds Dividends on railroad and street railway stocks.. .. Dividends on manufactur ing stocks Dividends on copper stocks Dividends on gas and elec tric stocks Dividends on miscellaneous stocks •• 1.450.000 $850,900 1.289.500 450,000 1.477.500 800,000 3,119,836 1,180,600 Total . .$10,618,236 NEW YORK, Aug. 9—Asquaint- ancos of the president and president elect of the New York, New Haven and Hartford are smiling at Mr. Mel- len’s request that he he excused “from answering any questions affecting his own personal movements after Sep tember.” To one who does not Inquire close ly Into the situation it might appear from the accounts of the two men’s careers that Mr. Elliott had been Mr. Mellen’s Nemesis. The latter got out of the Northern Pacific presidency after friction between himself and J. J. Hill, and was succeeded by Mr. Elliott. Now he has stepped out of the New’ England transportation sit uation to be succeeded again by M-V Elliott. What hl.« future plans are he in tends to keep to himself, lest a big shouldered, fresh complexioned gen tleman from the Northwest antici pate them. If E. N. Brown's resig nation from the National Railways of Mexico should be accepted Mr. Mel len might become accustomed to working in a peaceful community gradually by spending a few months in the revolutionary zone. After the experience of recent months in the hands of L. D. Bran- deis, the stockholders’ committee, va rious public service commissions, the Interstate Commerce Board, the Stamford Coroner, the grand jury and others retirement to peaceful Stock- bridge might prove too great a change to be entered into at once. Can’t Bcat“GETS-ir lor Corns—It’s Sure * Never Tried It Before? You'll Marvel | How It Makes Corns Vanish. * > There never was anything Mice | “GETS-IT” for corns, and there isn't anything like it now It Is the corn Uses Parcel Post To Collect Debts Keen Kansas Merchant Sends C. O. D. Packages and Gets Money on Stale Accounts. A Kansas merchant has found a new use for the parcel post. When the C. O. D. feature went into effect, on July 1, he hit upon an idea to collect a number of small accounts which he had been carrying for some time, and which had caused consid erable loss during a period of several years. A number of small boxes were ob tained and filled with waste paper, and on the top w as placed a receipted bill for the proper amount. A five- cent stamp was required for each box, and the C. O. D. fee was 10 cents for each package. The next day the re turns began to come in, and nearly every case the debtor paid the amount, supposing that the package contained something of value, but, of course, not being permitted to con firm this suspicion before opening it. > “Oh My, Oh My. What a Rallaf! j ‘GETS- IT’ Stops Corn PaJna Right ( Off and Got* Corns Every Time.” ! ctire on a new principle. Put H on any corn in two seconds: it stop* pain, the corn begine to shrivel and > disappears It never fails Simplest | thing you ever saw No fussy band- ) ages, no greasy salves to turn heaithy > fk-eh “peely" and raw, no plasters 'that make corns bulge out. Your ! corns won’t pull and hart ’way up to » your heart Lay aside your knife and l razor No mo*'* digging and tugging j and wincing, no more bleeding, no » more danger of blood poison “GET8- j IT’ never hurts healthy fieeh; It is . sate, painless, quick, simple, mi re. > For warts, callouses and bun Iona, too. “GETS-IT is sold at all druggists J at 26c a bottle, or sent on receipt of ) price by E. LawTence A Go. .Chicago. > Sold in Atlanta by Jacobs’ Pharmacy | Company. Fikin Drug Company, j Coursev & Munn, Gunter-Watkins > Drug Company, E. H. Gone. Inc., Tip- \ ton & Co.