Newspaper Page Text
SATURDAY, JULY 11
I Todays Financial and Commercial News
AUGUSTA COTTON MARKET
Middling closed today at
•I 4V B c.
Tone Steady.
Middling last year 12%c.
CLOSING "QUOTATIONS
Good ordinary * g
‘-trict good ordinary .... * 12 'i.c
Low middling J 3 1.4
Middling , mldUllnS
Strict middling ..***...V 3-8
Good middling ,
Tinges. first ."•••'* *.*.'..* 14
Tinges, second . 111111x3 3-8
Previous Day’s Figures
Good ordinary 7_B
Strict good ordinary 11 3.x
Low middling 1.4
Strict low middling . 14
Middling . ... ;;;••••• jJ 3 . 4
Strict middling ' ' 14 3.3
Good middling .
I ingpg, H,- Sf .*.’.** 14
Tinges, second 3 3 3.3
Keceipts For Week
0 Snies. bpi. Star”
Monday* .* _ 4 J!
inesday
Wednesday . . . *" "* *“*.
Thursday
Friday .
Total 20 4 16
Comparative Receipts
1913. 1914
Monday it
Tuesday _
Wednesday .
Thursday
Friday ’ ,
NEW YORK COTTON
New York!— There was a renewal of
yesterday’s covering movement at the
opening of the cotton market today ow
ing to reports of continued dry weather
m Texas and relatively steady cables.
The demand was not so active as yes
terday afternoon suggesting that the
scattering short interest had been con
siderably reduced. After starting at
an advance of two to four points, fluc
tuations were more or less irregular as
the result of scattered realizing. Re
actions to about the closing figures of
last night were followed by rallies how
ever, owing to the outlook for generally
fair weather over Sunday and rather
more optimistic advices from the do
mestic goods markets.
The market continued steady to firm
later in the morning on apprehensions of
dry and hot weather in the southwest
over Sunday. The dose was steady at
a net advance of six to eleven points.
Cotton futures closed steady.
High L»*w C’oce
July 12.43 12.43 12.42
August 12.36 12.27 12.35
October 12.39 12.20 12.23
December 12.47 12.37 12.14
January ...' 1.2.40 12.29 ,2.37
March ...12.44 12.34 12.41
NEW ORLEANS COTTON
New Orleans—Cotton opened today two
points down to three points up. After
ttie call the market stood one to three
points over yesterday’s close.
Cotton futures closed steady at a net
advance of six to seven points.
High. Low. Close.
July 12.80 12.80 12.9*
August 12.71 12.70 12.78
October 12.41 12.31 12.40
December 12.43 12.34 32.42
Januarv 12.48 12.38 12.16
March 12.5$ 12.48 12.3$
CHICAGO c*?mn MARKET
Chicago, Ills.—Excessively high tem
peratures in the northwest threatening
damage to the spring crop, rallied the
wheat market today after an easy start.
The opening unchanged lo 3- Boss. was
followed by a moderate setback all
around then by a decided upturn.
Prv hot weather had a bullish effect
on corn. After opening 1-8 to 3-4 high
er the market scored further gains.
Oats hardened with corn.
Advancing prices for hogs carried pro
visions along.
increasing reports of black rust in
jury were given considerable attention
by wheat traders. The close, however,
was weak. 1-4 to 1-2 under last night.
Missouri reported that the corn crop
was going back rapidly counted against
bears. Corn was strong at an advance
of 1 to 1 1-4 net,
WHEAT—
Open. TT gh row C'o«*
July .... 78% 78% 78 78%
Sept .... 78 78% 77% 77%
CORN—
July .... $9% 70% $9% 70%
Sept .... 67% SB% $7% SB%
OATS—
July .... 38% 39% 38% 39%
Sept .... 3$ 35% 35% 35%
PORK—
July . . . .2275 2275
Sept .. . .2070 2075 2067 2072
lard—
Julv . . • .IMS 1015
Sept . . . .1027 1030 1027 1030
RIBS—
Julv . . . • 1197 1195 1 95
Sept .. . .1195 1197 1192 1195
HOURLY TEMPERATURES
Decrees.
* A. M. ... 70
7 A. M 72
8 A. M 74
9 A. M 7*
10 A. M S 3
11 A. M 04
12 noon 80
CHICAGO HOG AND CATTI F MM>KET
Chicago, llla.—Hoga Receipt* 9,000;
ptrong; bulk 560a885. light 850a890; mil
l'd 840*890; heavy 825a890; rough 825 a
835; pigs 770a870.
rattle: r.t"elpt* 200; ateady; heeve*
780*975; *t»era «40a830; *tock*rs and
feeder* 575*800; cows and heifers 385a
calves 750*10.60.
Sheep; Receipts 8,000; steady: sheep
536*600; yearlings 600a760; lambs 650a
-930.
WANTED: COLORED BOYS TO CAR
ry papers In Colored Territory. Apply
Sub Station No. X. 1087 Kolloek St. ts
Liverpool" cotton
Liverpool.-—Spot cotton steady; good
middling 7.92; middling 7.40; low mid
dling 6.92; sales 3.000. Speculation and
export 200. Receipts 4,000; futures
steady,
July
July and August ... . 7.12
September and October 6..3
December and January t.tt
February and March 6.6284
April and May 6.6484
WANTED COLORED ROTS TO CAR
rv rapera In Colored Territory. Apply
Sub Station No i. 1087 Kolloek Ft ts
Stocks and Receipts
Stock in Augusta. 1913 18,451
Stock in Augusta, 1914 14,051
Ree. since Sept. 1, 1913 337.1 i! I
Ree. since Sept. 1, 1914 373,939
Augusta Daily Receipts
1913 1914
Georgia Railroad —— 27
Southern Ry. Co 24
Augusta Southern 2
Augusta-Aiken Ry. Co. ...
Central of Ga. Ry
Georgia and Florida ——
C. and W. C. Ry 7
A. C. L. R. R 10
Wagon 3
River - -
Net receipts 4$ 27
Through 43
Total 129 37
Port Receipts
Today Last Yr.
Galveston 132 S
New Orleans 155
Mobile
Savannah 61
Charleston 96
Wilmington
Norfolk TB6
Total ports (est.) 2000
Interior Receipts
Tod a v Last Yr
Houston 210 •
Memphis 76
St. Louis *
Cincinnati
Little Rock
Weekly Crop Movement. End
ing Friday, July 10, 1914.
1914. 1013
Shipments 32,225 30,937
Stock ... 158.507 226,720
Receipts 16,080 21,534
Crop in sight 14,185,430 13,211.521
Came in sight 67,620 64,926
Visible supply 3,689,052
AUGUSTA QUOTATIONS
GROCERIES. PROVISIONS
D. S. Reg. Ribs. 50-lh 12%
D. S. Reg. Plates, 8-lb. av 11
D. S. Ciear Plates 19
D. S. Bellies, 25-lb 14%
Pearl Grites, 96-lb. t all sizes 1.95
Yellow Cora 95
Red Cob White Corn 98
Mixed Feed Oats 52
Best White Oats b 5
Fancy Head Rice 05%
Medium Head Rice .06
Japan Head Rice 03%
Fancy Green Coffee A 4%
Choice Green Coffee 13%
FaJr Green Coffee % 12
Tencent Roasted Coffee. 100 pkga.. .97
Arbuckle’s Coffee, pr. cs., 100-lb 19.10
Arbuckle’s Ground Coffee, 36-1b5...19.30
R. A J. Coffee, 50-lb. pkgs 15
Heno Coffee. Ground. 100 1-lb 21
P R. Molaeses, bbla 20
Cuba Molasses, bbls 28
Reboiled Ga. Syrup, % bbls 30
N. Y. Gr. Sugar, bbls. or bulk bags 4.30
N. Y. Gr. Sugar, 4 25 bagn 4.35
N. Y. Gr. Sugar (60 2 ertns), per
ib 4.55
N. Y. Gr. Sugar (60 2crtns). per lb. 4.55
N. Y. Gr. Sugar 32-3% ertns, per
lb 4.55
12-oz. Evaporated Milk 3.75
Peerless 5c Evap. Milk, 6 doz. ... 2.85
M. & L*. Stick Ondy 30-lb. boxes.. .06%
Ground Pepper. 10-lb. pails, per lb. .18%
Mixed Cov/ Peas, per bu 2.00
White Cow Peas, per bu 2.35
Tanglefoot Fly Paper 2.70
1- Chum Salmon 90
2- Tomatoes 70
3- Tomatoes 95
New Argo Salmon, per doz. 1.50
Va. Peanuts 05%
WEEK H\^TRADE
New York.— Dun's Review today says:
"Irregularity still characterizes the
business situation. Favorable reports
predominate and general conditions af
ford encouragement although the volume
of new business is of moderate propor
tions. Indications of improvement are
noted in iron and steel, where a turn for
the better Is at last apparent. The
betterment was accompanied hy some
strengthening of price and few manu
facturers are disposed to book future
contracts at present figures. Manufac
turers of textiles are endeavoring to
meet the slackened demand by curtail
ing the output and stocks of goods are
stated to he in a well liquidated posi
tion. Most interests in the trade are
anticipating a, more active period later
on ns a consequence of abundant crops,
£hoe manufacturers are more optimistic.
“Of the 317 commodity quotations
compiled hy Dun's Review there were 23
advances and 17 declines this week, this
being the first occasion in Fome lime
that the general trend of the leading
farm products has been upward.
“Comercial failures this week as re
ported hy R. G. Dun & Co., are 293,
against 238 Inst year.”
N. Y. BANK STATEMENT
New York.—The statement of the ac
tual cordltlon of Hearing house banks
and trust companies for the week shows
that they hold $7,577,3-00 reserve in ex
cess of le*al requirements. This is a
derroasp of $3.012.150 from last week.
The statement follows.
Actual Condition.
Loans decreased $27.18^,000.
Specie decreased $17,247,000.
tenders Increased $3,9*10 000.
Net deposits decreased $41,587,000.
Circulation increased $6,000.
Ranks cash reserve in vaults $375,019,-
000.
Trust companies cash reserve } n vault
$75,184,000.
Afcffreffate cash reserve $450.203 000
Trust companies reserve with clearlne
house members carrying 25 per cent cash
reserve $67,187,000.
State banks and trust companies 1n
Greater New York not included in clear
ing house statement:
Roans and investments increased $5 -
044.400.
Gold increased $568,300
Currency and hank notes decreased
$45,600.
Total deposits decreased $6.271.000.
"cottonseed oil
New York.—The cotton seed oil mar
ket closed firm Spot 729a725: Julv 732a
-725. August 739a740; September 741a742:
October 721t722; November 650»662; De
cember 6715672; .Tnnuady 672a673, Teh
ruary 672a676.
Total sales 5,300.
UNDER ENGLISH LAW
New York. Claimants may withdraw
suits growing out of the loss of the
steamship Titanic from admh-alty liti
gation here srd prosecute for damages In
Knglish courts, according to a ruling in
federal court here T’nder the Knglish
lew claimants mtv recover $3,060,000 for
the account of salvage, freight and pas-
Nige money while the Vmerlcan statute
limits recovery to $97 000.
——— i* "" ■ ——
WANTED COLORED BOYS TO CAR
rv rapera In Colored Territory. Apply
Sub fitatioo No. 1, 1037 Kolloek St. ts
AUGUSTA SECURITIES.
BONDS AND STOCKS
(Corrected Weekly for The Augusta
Herald by Martin & Garrett)
Bank Stocks.
Rid. Ask
Augusta Savings Hank 15#
Merchants Bank 212 215
National Exchange Bank of
Augus.tt 135 U 4
Planters Lean Savings Bank
(par value 10) 43 45
Citizens 48 So. Bank 240 250
Union Savings Bank (par
value 5100) 125
rtanroad Stocas.
A. & W. P. R. R. Co 150 152
Augusta & Savannah Ry. Co. .103 105
Chattahoochee & Gulf It. R.
Company 102
Ga. R. R. & Bkg. Co 258 262
Seaboard pfd slock 50 »3
Seaboard Common Stock 20
Southwestern R. R. Co 104 104
Factory Bonds.
Augusta Factory. Ist ss. 1915
M. & N 98 89
Ragle & Phoenix Mills Co.
Ist 6s. 1926. J. & J 5i 104
Enterprise Mfg. Co.. Ist 6a
1923. M. & N 90 92
Sibley Mfg. Co., Ist ss, 1923. J.
& J 90 92
Factory Stocks,
Granltevllle Mfg. Co 115
King Mfg Co 77 a>
Aiken Mfg. Co 25
Augusta Factory 30
Enterprise Mfg. Co. 60
King Mfg. Co., pfd 103 105
Warren Mfg. Co. 70
NEW YORK *STOCK"MARKET
New York.—Another selling: movement
occurred today in New Haven, Chesa
peake and Ohio, the Gould, issues and
some more obscure stocks producing new
low records. The selling appeared lo
he largely of bear origin following an
announcement that the Tinter-State
Commerce Commission had ordered the
St. Paul road to reduce rates between
Minnesota and North and South Dako
ta points. The closing was Irregular.
NEW YORK STOCK LIST
Last Sale.
Amalgamated Copper 70
American Can 27
American Car and Foundry 5 i.%
American Cotton Oil ; »
American Smelting 6534
American Sugar 106%
American 'Pel and Tel 11S%
Atchison OV*
Atlantic Coast Line 120
Baltimore and Ohio 91%
Chicago. Mil. and St. Paul 98%
Erie 28%
General Electric 149
Great Northern pfd 122 Li
Tnterborough Metropolitan pfd 63Vi
Kansas City Southern
Mexican Petroleum 01 ',4
Missouri. Kansas and Texas 15
New York Central 89
N. Y . N. H. and Hartford 56%
Norfolk and Western 105
Northern Pacific 110%
Pennsylvania 112
Reading 163%
Rock Island Co., pfd 2%
Seaboard Air Line ... 18%
Do pfd 53%
Southern Pacific 967-4
Teaxs Company 142
Union Pacific 155
United States Steel 61%
Do pfd 109%
Virglnia-Carolina Chemical 25%
Western Union 39%
HE LIT FOR
RESERVE BOARD
July 21st is Last Day on Which
the Three Confirmed Mem
bers Can Take Oath of Office.
Washington. July 21 is the last day
upon which the three members of tho
federal reserve board already confirm
ed hy the senate may take their oath
of office The three members, Chas.
S. Hamlin, Adolph C. Miller and W.
P. Harding, were notified on July $ of
their confirmation and the federal re
serve act provides they must assume
duties withing 15 days of such noti
fication
The act provides that the organiza
tion committee which consists of Sec
retary McAdoo of the Treasury De
partment, John Skelton Williams.
Comptroller of the Currency, and
Secretary Houston of the Department
of Agriculture, shall fix the dale for
the first meeting of the federal reserve
hoard. As yet this committee has not
considered a date. No time limit is
fixed within which the first meeting
of the hoard must be held.
It is general! believed that the hoard
will be completely organized and act
ually at its work not later than Au
gust 1, regardless of what action the
senate may take, in the names of oth
er appointees to the board.
BANKRUPTCY PETITION
AGAINST F. E. WII.LIAMS
An Involuntary petition In bank
ruptcy was filed thin morning In the
office of the Deputy U. R. Clerk
against F. K. William*, proprietor of
the book store at 720 Broad street, by
Attorneys P. O’Gorman and A. f,
Purdy, for four out-of-town credi
tors.
M. &~M SEASHORE" TRIP
HAS BEEN POSTPONED
Owing to the tide not b-ing propi
tious, the spend-thc-day trip to Sa
vannah and Tyhee Island, which was
planned for the members of the Mer
chants and Manufacturers tomorrow
I morning has been postponed. It will
I he taken sometime later In the sum
mer, the positive date of which will
: be announced in time.
ENGLAND V/ON IST TENNIS
MATCH FROM FRANCE
Wimbledon, England— England won
the first singles match from France
in tholr round started todav In the
competition for the Dwight F. Davis
I International tennis tropny, T M
Mavrogordato heating Max Oormat
I by fi-4, 7-5. 9-7,
w MONFY MARKET
New York. Mercantile paper 3 S-4h4
1-4. sterling steady 60 davs 4.8560:
demand 4.8750. Commercial blllH 485aP5
1-4
Government bonds steady.
Railroad bonds steady.
Call money nominal, no ioaris.
Time loan* firmer; 60 day* 2 J.J; 90
days 2 3-8; 6 months 4.
THE AUGUSTA HERALD, AUGUSTA, GA.
MERRY TIME IN
BLESSES TOWN
Crowds Divided in Sentiment
at Newberry in the Palmetto
Campaign For Offices.
Newberry, S. C. The red ribbon
badges of the Bleasites, says a special
to the Atlanta Journal, were rivalled
by the while cotton blossoms worn
by the Smith supporters at the sena
torial campaign meeting here.
A great many of both were in evi
dence in the crowd of about 2,000
that, heard the candidates in the home
city of Governor Blease. the biggest
audience of the campaign so far. The
applause was pretty well divided be
tween Blease and Smith.
The STnith enthusiasts carried their
champion on their shoulders from his
hotel to a waiting wagon, where they
sat him astride a bale of cotton and
in this manner the senator was driven
to the place of speaking, followed by
several hundred cotton blooms allow
ed admirers, mostly farmers.
Headed By Banner.
Headed by a large banner inscribed,
“Blease the working man’s friend,”
the governor's suporiers, also several
hundred strong, marched to tne grove
In which the meeting was held, where
adherents of each made their pres
ence known by frequent and lusty
cheers for their favorites.
L. D. Jennings and W. P. Pollock
continued their attacks on Blease’s
teeord and while they were frequent
ly interrupted by good-natured heck
ling of the Bleasites, they were also
loudly applauded at times by the
“antis."
Discusses Blease's Record.
Jennings declared “absolutely false”
the report that he intended to with
draw from the race after the cam
paign closed. He declared he almost
had choleramorbus when “belching
forth” Blease's record; was glad to
note that the cotton blossom predom
inated over the red badge; didn’t, be
lieve Blease would be in the second
race and knew the governor would he
defeated.
Pollock said be knew a great many
Newberry people.
“Know Coley?”
“Know Coley?” somebody asked.
Pollock replying that he had known
“Coley” 25 years, “and I've got his
measure.” He said perhaps Blease
got the color of his badge from the
Union Republican ticket of 18S0,
which was printed in red ink and
bore the name of J. P. Gibson, as
among the candidates in Marlboro
County, “the same man Cole L. Rlease
appointed on his staff," although, said
the speaker, “Blease had criticised
the appointment of James L. Sims as
United States marshal bdbause Sims,
"when a mere boy,” set type on a
Republican newspaper. He exhibited
ah original “calico” ticket.
He said he was informed that Chas.
Carroll Simms, a Biease leader and
candidate for governor, attended the
Haskell convention and voted for
Haskell. He urged the people not to
vote for the “damnable record of Cole
IBlease.”
Senator Smith's Speech.
Senator Smith talked mainly about
cotton after touching up lawyers,
whom ho denominated a "necessary
evil.” He declared that despite the
ridicule of his three lawyer opponents
he would continue to ride on a hale
of cotton and Tight any man who stood
between him and the farmers of
South Carolina. He declared he
didn't believe in pleading for a sec
ond term, hut believed in one's fit
ness to be returned.
Governor Blease brought a laugh
when he said Senator Smith had rid
den out on a bale of “stuff the cotton
oil mill stole from the farmer,” taking
from his pocket a handful of linters.
The governor briefly recounted his
career In Newberry from stable boy
to mayor, then governor, the first
from Newberry County.
He declared his fight on the Parker
cotton mill merger caused (he stock
of that concern to become almost
worthless.
He said there were now two look
outs among the Parker mills, to try
to make the mill people move so they
can’t participate in the primary in
August He ridiculed the idea that
he would not carry Newberry, saying
the same claims were made two years
ago, by those who fought him. The
governor, despite his publicly an
nounced policy to the contrary, did a
little explaining regarding one or two
Newberry matters.
CHILDREN’S DAY AT
GROVETOWN SUNDAY
Interesting Program Has Been
Prepared. Sunday School
Pupils to Be Principals in the
Exercises.
Grovetown, Ga. Children's Day * will
be held tomorrow at the Grovetown
Baptist church and a very Interesting
program tine been prepared. It Is ex
nertud that there will ho a large num
ber In attendance The Grove Baptist
Sunday school pupils will he the princi
pals In the exercises.
The following is the program:
Processional and song School.
Remember Thy Creator School.
Welcome Helen Jordan.
Prayer B. P. Jordan.
Welcome June Time blowers—Ten lit
tle tots,
Reading Mary McElmurray.
Recitation—Juanita Huffman.
Scripture Garden
Reeding- Betty MoElmurrsy.
Hong--"In Blossom Time."
Recitation Marie James.
Soldiers of Fong ■ Five little hoy*.
Trio Sarah Evans, Katherine Jordan.
Flortne Pool.
Wholly I’nto Jesus Six young ladlea
Solo- Mrs. J B Wall.
God Will Take Care of You—Aryoga
Claas and young men.
Dismissal ,
SAILS FOR HOLIDAY.
London.—Sir.Ralph Paget a**,slant
un ler-sftf ratary of stale for American
affairs nt the British foreign office,
left, for Liverpool today to sail on
board the Aqultanla for America. Hig
visit Is purely a holiday one.
On# rMinfin why n rn;tn 1* u Brute 1*
because he ran wear Mu h*»t out. In t
r x'n and not get all the COM out of the
feathers.
NEGRO JUDGESHIP s
IN WASHINGTON
** INFERIOR ONE
Assistant United States At
tract of Columbia, in Augusta,
Discusses Appointment of
Negro to Be Municipal Judge.
Mr. B. J. Laws, assistant United
States attorney for the District of
Columbia, is in the city today and
was a caller at the office of Sheriff
J. T. Plunkett. Mr. Laws is a na
tive of Virginia, a democrat and a
very bright young man. He is cn route
to Gibson, Ga., where he will visit his
triend, Mr. w H. Ferguson, for a. few
days.
Mr. Laws was asked about the much
discussed appointment by President
Wilson of a negro to he a' municipal
Judge In the Distrito of Columbia. Ho
said that he thought President Wil
son was being unfairly criticised for
this appointment, because the negro
was given the position on the endorse
ment of the Washington, p ('., bar,
composed of white and negro lawyers,
and that the court is an inferior civil
tribunal somewhat similar to magis
trate's courts in Georgia and oases
involving not over SIOO are tried there.
He says that the negro appointed
to the place is a good negro. As a
Southern man, Mr. Laws is against,
the appointment of negroes to hold
offices over while men, as a general
proposition, hut In this specific case
ho thinks the president is being criti
cised somewhat unfairly.
SCHOOL TRUSTEES FAVOR
PLATZ FOR NEW TUBMAN
(Continued from page one).
Rust a for one week in the early part
of September. Mr. Evans added that
their attendance will be compulsory
and so informed (he rural trustees
present, lie slated that through this
annual institute for the teachers out
side of the city in the county Is his
only contact with them at which time
he can advise them relative to teach
ing, conduct of the school, etc. He
emphasized tho Importance of Lite In
stitute in other ways as well.
Announcement was made of the
same distribution of funds to the va
rious school districts as heretofore.
New Site Advocated.
Mr. Evans then went into a lengthy
as well as complete and comprehen
shfe explanation of the proposition
of buying a site for the new Tubman
high school, the need of which is be
ing felt more and more every year.
It is very well known already that
pupils have bad to be turn,ed away
from Tubman because of the lack of
accommodations.
The secretary then made a state
ment outlining the details for the ben
efit of the trustees present who were
not thoroughly familiar with the prop
osition. He said that, the board had
a sixty-day option on the property
which did not expire until August 20.
He said that the committee appointed
for the special purpose of looking into
the advisability of buying the Schuet
zen I’latz property for the new Tub
man had Inspected the site and con
ferred with the selling agents; had
been made a reasonable price with
unusually easy terms and had report
ed back to the board.
Now ic the Time.
Mr. Evans stated (hat In bis opin
ion it was the proper place for the
new Tubman and that now Is the time.
He said that If this proposition slips
away It. Is possiblo that, a lot on tb»
tract may be sold and the sellng of
Just one lot would spoil the value of
the Platz property as far as putting
a school building on it Is concerned.
The hoard, he ventured, has an offer
now the like of which they will never
have again, the price and terms being
reasonable and the location simply
ideal.
In regard to the splendid location of
the proposed site, Mr. Evans said that
it is found that within a radius of
three-quarters of a mile from the pres
ent Tubman (the average walking dls
tance of the pupils) there are but 20
girls more thari the same distance from
the proposed site.
Town Moving Westward.
That the drift of the population of
Augusta is westward is unquestioned
It is a fact, said Mr. Evans, that the
downtown pupils attending Tubman
are decreasing year by year while the
uptown pupils are" increasing In num
her. What the city wants In a girls’
high school, or any school that Is to
be built soon, Is to have the building
located as near the center of the area
from which ltd raws Its pupils as
practical, and the same t.lme 1n an
easily accessible place. The new site
would meet both of these require
ments.
The report of the secretary precipi
tated an extended but harmonious
discussion, after which the resolution,
as above given, was unanimously
passed.
Other-routine reports were adopted
and the meeting adjourned
WEEK IN FINANCE
New York Various conflicting condi
tions Imparted a weak tone to this
w<<k * stock market The news was
more than ordinarily u mixture of good
and had, teh former Including the splen
did crop report the new attitude of
Washington towards business arid the
more hopeful views eniertalned by rsp
resentatlve* of the *tc»l Industry.
These woe more than counter-bal
sneer] try continued delay In the eastern
freight rate decision and heavy selling
of numerous low priced rallwoy shares.
Incluuln* Gould Issues, Rock Islands,
New Haven arid Chesapeake and Ohio,
most of which fell to lowest prices ever
recorded Helling of the Goulds was tin
explained except on the iiyneral ground
that Investor* have become discouraged
with the outlook for Hurt and affiliated
properties There was also reaeon to
believe tlutt the short Interest accele
rated the downward movement In these
securities The cause* hack of the selling
of New Haven and f'hesapeak* were
more apparent. Toward* the end of
the week high grade stock* which had
held relatively steady began to reflect
the force of the movement In the ob
scure stocks and Indication* of liquida
tion In that psrt of the list were mani
fested,
Money was again In abundant supply
at rates sllghtlv higher than In the pre
vlons week. The huge shifting of loan*
In connection with mid-year disburse
ment a had but slight effect on monetary
conditions.
OLD INDICTMENT
FOUND IT LISE
AnciMit Paper Unearthed in
Solicitor’s Office By Bailiff
Cook. Shooting Occurred
Aug. 26, 1898.
Tho indictment has finally been
found against the nogro, Jim Rush,
alias Jim 4TeIl, who killed his wife
in 1898 and was run to earth, in Sa
vannah ten days ago. He escaped im
mediately after the shooting and owing
to the lapse of time there was nobody
who could be. found who remembered
the exact date thereof.
Bailiff Cook, after a diligent search
in the solicitor’s office, found the old
indictment yesterday, which was niadv
in October, 1898. The date of the
original was found to be the 26t.h of
August.
Jim Rush will be tried for murder
In the fall term of the superior court.
An eye witness of the shooting is
still on hand in the person of the dead
wife’s brother, John Green, colored.
THE STORSTAD IS HELD
TO BLAME IN EMPRESS
OF IRELAND DISASTER
(Continued from pige one.)
tention on the part of the Empress of
Ireland to puss port to port or that
she, in fact, by her ligh‘ , manifested
the Intention of doing so; but it ap
pars to us to bp a mistake which
would have been of no consequence If
both ships had subsequently kept their
courses.
"Shortly after the ships came into
tho position of green to green, ns
claimed by Captain Kendall, or red to
red, as claimed by Mr. Tuft sines, the
fog shut, them out from each other
and it Is while they wore both envel
oped in this fog that the course of one
or the other was changed and the col
lision brought about. From the evi
dence adduced on behalf of botli ves
sels, (t is plain that before the fog and
when they last saw each other, there
was no risk of collision If each kept
her course. Therefore the question as
to who Is to blame resolves itself Into
a simple issue, namely, which of the
ships changed her course during the
fog.
No Ground for It.
“There Is. In our opinion, no ground
for saying that tho course of the Em
press of Ireland was ever ehanged in
the sense that the wheel was wilfully
moved; but as the hearing proceeded
another explanation was propounded,
namely, that the vessel changed her
course, not hy reason of any wilful
alterations of her wheel hut In eon
sequences of some uncontrollable
movement, which was accounted for at
one time on the hypothesis that the
steering gear was out of order and
at another hy the theory that having
regard to the fullness of the stern of
the Empress of Ireland, the area of
tho Tiidder was insufficient. Evidence
was called In support of this explana
tion.
Quartermaster Galway.
“The principal witnesses on Iht
point as to the steering gear was a
man named Galway, one of the quar
termasters on the Empress of Ireland.
He said that he reported the Jamming
Incldentto Williams, the second offi
cer on the hridge (who was drowned)
and to Pilot Bernier. Ho said he also
mentioned the matter to QuartermaK
ter Murphy, who rsTTeved him at mid
night of the disaster. Pilot Render
and Murphy were called and they de
nied that Galway had made any com
plaint whatever to them about the
steering gear.
Untrustworthy.
"Galway gave his evidence badly and
made so unsatisfactory a witness that
we cannot rely on his testimony. Some
evidence was called, however, to con
firm Galway. This was the evidence
of three men and the pilot from an
other Norwegian collier called the Al
den, at the time under charter to the
Dominion Coa| Company, who were
the charterers of the tSorstad. These
witnesses spoke of having passed the
EmpresM of Ireland on her way down
the river about 9:20 on Ihe evening of
the 2»th of May, and they said she
was swinging and steering badly
rhanglng from red to green Severn I
times.
"The Jamming.”
The witnesses do not speak of any
behavior of the vessel which would
suggest 'Jamming' and It Is not to he
believed that the allegation that the
vessel sheered from side to side on
thlH occasion Is entirely different from
the allegation of Galway that the
wheel Jammed.
"On the whole question of the steer
Ing gear and rudder we are of the
opinion that the allegations us to their
conditions are not well founded."
AUGUSTA FACTORY WILL
shut Down on July 16th
To Close For 30 Days Durinp
Regular Summer Period of
Business Depression.
The Augusta Factory will cloro
down on th" 15th of July for a period
of thirty davs.
At this time every year a general
slump Is felt throughout the cotton
manufacturing Industry, hut this sum
mer the falling off In buklnon* Is no
decided that a number of mills will
close their doors Of the Augusta
mill*, however the factory will he
the only one to close, unless con li
Hons should grow worse
KING ALBERT TO RIDE
A POWERFUL MOTORCYCLE
Brussels. The Inhabitants of this
eapltsl are soon to see their KOverelgn
speeding along on a fast, motor cycle.
King Albert has lust accepted one of
th» most powerful made He Is the
first king to own on<- of these ma
chines. although King Alfonso of
Spain la expected to follow his exam
ple son
The Klrg of the Relglan* who Is h
keen motorist, has chosen a four cylin
der machine with an Engllah finish.
Nominally It give* 7-horse power but
In practice It will develop 9 1-2. King
Albert does not often take the wheel
on his cars, hut he regards driving
In a different light when he has a
motor cycle capable of covering 70
miles an hour In his possession.
KIEL GUINEA'S
NEW HOME BILE
By Vote of 120 to 41 House
Tables Measure Authorizing
Exchange of Mansion.
Atlanta, Ga, —Endeavor to put a roof
worthy of its purpose over the head of
the state's chief executive came to
naught In the house, Friday, when by
vote of lro to 41 the resolution was ta
bled which would have authorized the
exchange of the present ‘‘mansion'' for
other property in Atlanta.
The property which the resolution
would nave accepted in exchange was
specified as a site and a new $50,000
mansion on it; and a site and an annex
to the. state oapitol on It, the total value
of the property received in exchange to
lie not less than $400,000.
There is a provision in the state Con
stitution that If the executive mansion
is Bold the proceeds must be devoted to
payment of that much of the state debt
in order to avoid that diversion of the
funds, the exchange Instead of the sale
was sought.
There was p. long debate on the resolu
tion. occupying practically all of the
morning session. The hope, that the
capilol may be moved some day to Ma
con was expressed by the Bibb county
delegation.
In Opposition.
Mr. Oilve, of Richmond, led off with
a vigorous speech in opposition to the
resolution. He declared if the state will
hold the mansion property long enough
It will he wortti enough to retire the
stale's present bonded debt.
Mr. Fullbrlght, of Bibb, spoke in
support of the resolution. He Raid the
state Is not and has no business tc en
gage in a real estate speculation. He
said the present mansion house is unfit
to live In, notwithstanding the large aum
spent annually for repairs. He said a
sew house would be undesirable as a
residence because the property is now in
the heart of the business district, oov
ered with dust and overwhelmed In
noise day and night.
Capital Will Remain Here.
Asked by Mr. Fowler, of Bibb (Macon)
if the resolution were not, In reality, a
“shrewd scheme lo keep the state capi
tal in Atlanta.” MV. Fullbrlght replied
that the capital Is located here, Is like
ly to stay here, and if a schema were de
vised it would likely be a scheme to
move the capital.
PHIIE SOLDIERS sS
BRUTALLY HANDLED
Unceasing Criticism of Press
and Parliament is Gradually
Reducing Number of Cases in
German Army.
Berlin The unceasing criticism of
press and parliament is slowly reducing
the number of risen of mistreatment of
soldiers by their officers, but a reoenc
report shows that 490 non-commissioned
officers itnd officers'" were convicted of
such offenses lust year. This was a re
duction of ninety cases from the figures
of five years ago.
These 490 convictions by no means in
dicate, however, that only that number
of private soldiers were brutally handledv
during the year. A recent case, and one
hp no means unusual, was the convic
tion of a non-commissioned officer of the
Third Bavarian Regiment, who was
with no less than nienty of
fertses against the men under him.
One soldier was lamed by being
struck on the kneecap with a gun butt,
tnd there were dozens of cases in which
recruits were choked and struck In the
fare. It Is not long since a captain was
forced tcwleave the service after his third
conviction for mistreating recruits. The
charges against him covered brutal
treatment in 140 cases.
Complains.
Complaints of these conditions, made
In the Relchatag, have from time to
Him- moved the minister of war to de
clare that the government was equally
cnn- erncd and was doing Its best to put
a stop to them. Figures have been
quoted to show rhat cases of mistreat
ment are gradually growing less com
mon, and Its Ivan been declared that the
government deslved that punishment of
the offenders be exnieplarv.
With all credit to the minister of war,
it must nevertheless bo said that sen
tences In the majority of these eeaos
are extremely mild and by no means
calculated to discourage brutel officers
from a repetition of their offenses. The
non-commissioned officer Just mentioned
was sentenced to three months and fif
teen days’ Imprlsonmsnt and degraded.
Tlds Is a really severe sentence, but It
is at (lie same time a most unusual one.
Not only Is Imprisonment tor such a
term rarely meeted out, but degradation
is si 111 rarer.
Cruelty.
The following case Is typical of ttls
nearly t»n cases occurring on an average
each week. A non-commissioned offi
cer of the Third Guard Field Artillery
Regiment commanded a recruit to clean
harnesses He was no' satisfied with
the recruit’s work and started expressing
his dissatisfaction by striking the man
over the head with a bridle. He then
forced him to march and down In the
Miatdes and to do setting up exerdtaes.
Including Hie fatiguing "knee-bend." un
til the recruit fell from exhaustion. He
kicked him In the thigh and on the
knees and otherwise maltreated him.
The recruit was removed to the field
hospital suffering, smong other things,
with concussion of the brain. The court -
martial condemned the officer to five
weeks’ light arYest.
it Is riot only certain officers who
mistreat recruits. The latter. In the ab
sence of officers, are subject to the old
er privates and many caaea of mis
handling involve these older men. In a
recent case, one of these was sentenced
to nine wceke’ Imprlsonmnt for mistreat
ing n recruit In such a manner that one
of the victim’s eardrums was ruptured,
reusing partial deafness.
On the other hand, there Is short j
shrift for Hie •uerult who raised a hand
to defend himaelf against even the most j
brutal assault from a superior. He Is
certain of Imprisonment for a Inng term.
How Funds of Militant
Suffragists Are Raised
London An Intereatlng revelation
on the manner In which the funds of
the militant suffragists are In past.
at any rate, raised, has just been
made. It appears that several wealthy
end well known people have paid large
sub*' riptlons to the militant < rgsnlsa
tlon In the hope of escaping molests
tlon. Heveral well-known hogtg and
hostesses, and even foreign royalties,
have admitted that they have lately
adopted the plan of paying subscrip
tions to the militant headquarters In
the hope of remaining free from In
terference and arson on their proper
ty. Several of these are certainly not
In sympathy with ths militant move
ment. and now that the subscribers
are threatened with prosecution, thejl
wish they did not figure In the lists.
SEVEN