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WEMEESD.AT, JULY T3L Todays Financial and Commercial News AUGUSTA COTTON MARKET Middling closfed today at I4i/ B c. * 6 Tone Steady. Middling Last Year 13c. CLOSING "QUOTATIONS Good ordinary 11 7-S Strict good ordinary 12 3-8 Low middling .. 13 1-4 Strict . v. miudling 13 7-8 Middling i 4 1-8 Strict middling 14 3-8 icon middling ~ Tinges, first 12 1-4 Tinges, second 3 3-8 Previous Dav’s Figures Oood ordinary 11 7-8 Strict good ordinary 11 3-8 Low middling 13 1-4 Strict low middling ....1* Middling 14 1-4 Strict middling ... 14 3-8 Uuou. .middling Tinge? first ....14 Tinges, second 13 3-8 Receipts For Week Sales. Spin. Shi?* Saturday 20 4 15 Monday 221 - -—■ Tuesday 60 29 349 Wednesday .... 16 58 191 Thursday * Total 301 33 364 Comparative Receipts 1913 1911 Saturday 129 27 Monday 103 Tuesday I^4 Wednesday 19 119 Thursday *—\ Friday Total 428 275 NEW YORK COTTON New York.—Relatively steady cables and private reports of hot winds in the Southwest yesterday afternoon probably accounted for an opening advance at from one to four points in the cotton market today. There was not much de mar.d while there appeared to be con siderable realizing or scattered local selling and fluctuations were more or less irregular right after the call. Re actions of four ov five points were fol lowed by rallies before end of the first hour, however, on New Orleans buving and reports that temperatures were high in the southwest again this morning. . . * , The very favorable weather shown by detailed reports east of the river, with rains or showers in Mississippi and Ten nessee seemed to offset the less favor able conditions in the southwest and the market was very quiet around midday with prices easing off to about last night's closing figures. liquidation continued during the early afternoon and the market became weak and unsettled with active months selling about eight to eleven points net lower following i/t ate predictions for rain in south Texas. Cotton futures closed steady. High Low Close July 12.4(1 12.25 12.2 d August 12.42 12.18 12.19 October 12. SS 42.11 12.13 December 12. V! 12.31 !-• January 12.42 12-2- Vo March 12.47 I—6 i-.-i NEW ORLEANS COTTON New Orleans.—Hood rains in the east ern belt caused cotton *to open todsy at a decline of one to three points. After the call the trading months stood three to four points down. The forecast of continued dry weather for the westcvn belt caused a reaction nnd an advance of three to four points over yesterday's e’ose. noon prices were ag an down six to eight points un der yesterday's finals. LIVERPOOL COTTON Liverpool,—t- - pot cotton easier; good middling 7.T6; middling 7.14; low mid dling <3 96: sales 6.009. Speculation and export 500. Receipts 10,000. Futures, quet. July 7,20 July and August 7.20 September ard October 6 ~, Pecember and January 0.62*, 2 February and March 004 Aprl and May 6.60V4 cHICAGO CRAIN MARKET Chicago, Ills.—Vneaslress In regard to threats of a railroad tie-up. advance of quotations at Liverpool and reports black rust bad gained a serious foot hn'd In Minnesota today helped wheat. The opening wh'ch was 3-8 to 5-> high er was followed by other gains. Corn bulged on account of a sharp ad vance at Huenos Ayres, due to unfavor able weather. After onening 3-8 to 7-8 a! up prices rose still higher, flats hardened with corn and wheat. tVeakncss in the hog market depress ed provisions. Fears of further spread of black rust, influenced wheat.. The close was strong 7-8 to 1 1 -4al 3- Snet advance. Reactions ensued in corn hut owing to ♦be failure of predicted rains were not of a lusting variety. Corn closed steady B-g to 7-Balc above laat night. Open. ILgh Low C'osf Ju^”*. A TT 77*4 78% 77% 78% Sept •• • • T 7% 77% 77% 77% ~!lv R . N : . . 63% 69% *9% 69% Sept .... 66% 67% 66% 67% A a TO_ J, |v .. . . 36% 86% 36% 88% Sept .! - - 34% 36% 34% 85 gept '. *’. .2990 2117 2999 2112 r,\RD—■ jjjjpt ... .1040 1042 1040 1040 Jr' . .1198 1298 1198 1292 Sept .. . .1199 1197 1199 1195 HOURLY TEMPERATURES Pesreas. 6 a. m a 7 a. 5 A. *2 9 A. 19 A. H A. *j, 1 P. ” 2 P M . • Bl> CWICAr.O MAO AMO r*TT. - MttrgJT Chicago. 111.. Hogs: JUeeltta 39 099; alow; bulk 870a890; light *6««89»; mixed 6t5a896: heavy 539.49,; rottgit 8..0n8t5, Pl ?*aH> !> Receipts 16.990; steadv; beeves 7794.99' Steer. 6t9n3*9; stockera nnd feeders' 58 ;’9«; cows and heifers 390a -oi9 e-lvea 759a611. cv,ep: Receipt a 23 909; slow; sheep yearling* 5J5a730; lambs 630a n0. I Stocks and Receipts Stock in Augusta, 1913 16,024 Stock in Augusta, 1914 13,868 Rec. since Sept. 1. 1913 337,461 Rec. since Sept. 1, 1914 373,214 Augusta Daily Receipts 1913 i»l4 Georgia Railroad 19 Southern Ry. Co Augusta Southern Augusta-Aiken Ry. Co. ... Central of Ga. Ry • Georgia and Florida ... . 19 1 O. and W. Ry 1 14 A. C. L. It. R Wagon 1 Canal “-** Net receipts 19 35 Through 94 Total 19 329 Port Receipts Todcy I .oat Tr. Galveston 1167 New Orleans ... 983 Moi ile 138 Savannah ... -11-7 Charleston ——* Wilmington * Norfolk 186 Total ports test.) 3000 —- Interior Receipts Today. I«st Yr. Houston —•—■“ Cincinnati Little Rock * Weekly Crop Movement, End ing Friday, July 10, 1914. 1914. 1913 Shipments 32,225 30,937 Stock 158.507 226,720 Receipts 16,080 21,634 Crop in sight 14,185,430 13,211.521 Came in sight 67,620 64,926 Vis’ble supply 3,689,052 NEW YORK STOCK MARKET New York. —Another selling movement in New Haven, which declined to 49 3- 1, caus'ed general unsettlement on the stock exchange this afternoon. Stocks hitherto unaffected reflected the force of the general pressure. New Haven sis declined from 195 to 99 on a single trans action and New York. Westchester and Boston 4 1-2 s under New Haven guar antee declined 3 1-2 points. Canadian Pacific and New York Central added to their early weakness. Low records were made hv Rock Is land common and pfd, and the collateral bonds. Dry Goods preferred added four poiin.s to its initial fall. Heaviness in Baltimore and Ohio issues extended to other eastern railways and there was re newed selling of the Goulds. Bonds were iiregular. The market closed firm. Further de clines were reerrded in the last hour, especially in shares of eastern roads New York Central losing a total of over four points. Rallies of a point or more ensued in the final dealings. MONEY MARKET Nc-w York—Mercantile paper 3 3-4 at per cent.; sterling exchange steady after decline; 60-day bills 4.8520; demand Commercial bills 484 3-4a485. Government bonds steady; railroad bonds heavy. « Call money firmer, 2 1-2*3; ruling rate 3; Hosing 2 l-2a3-4. Time loans firm; fir d lys 3-4; 90 days 3; six months 4a%. LIGHT SLEEPERS. It's tough when a man has to tiptoe around for fear of waking the canary. QUESTION OF HEIGHT Lady Southwark, in her recently published reminiscences, tells a story of an Irishman who was cutting turf near a bog, when a friend came up to him. crying: "Patrick is tsuck in a bog up to his ankles.” ' Don't worry, then.” was the reply. "If he's only up to his ankles he can soon get out again." "Yes, but he went in head first.” re torted the brother.—Pearson's Weekly. Per Capita Expenses of $195 Cities in U . S. For Police, Fire, Education and General Departments EXPENSES OF CITY GOVERN MENT. Washington.—The total payment for expenses of the general depart ments of the 195 cities having a popu. lation of 80,000 and over in the report of Financial Statistics of Cities loi 1912, recently issued by Director Wil liam J. Harris, Bureau of the Census, Department of Commerce, was $508,- 548,048. TfJe total per capita pay ments for expenses other than of pub lic service enterprises increased from $13.02 in 1902 to $17.34, a gain of 33.2 per cent The per capita pay ments for eacli year have shown an increase over those of preceding year, except that those for 1909 were slight ly less than those for 1908. The per capita payments for expenses of the general government, Including those for courts, have increased quitp uni formly during the 11-year period, as have for the most part those Tor the expenses of police and fire depart ments, for conservation of health and sanitation, which includes sewers, sewage disposal, and refuse disposal, and for education. The 195 cities are divided Into five groups: Group I, cities having a popu lation of 500,000 and over; Group It, cities having a population of 300,000 to 500,000; Group Iff cities having a population of 100,000 to 300,000; Group IV, cities having a population of 50,000 to 100,000; and Group V, cities having a population of 30,000 to 60,000. Per Capita Payments. The per capita payments for gen eral governmental expenses In cities of Groups I and II are larger than they otherwise would he because of the fart that New York, N Y., Phlla. delphla Pa . St. 1-ouis. Mo.. Boston, Mass. Baltimore, Md., Han Francisco, Cal., New Orleans. Da,, and Washing ton. D C . exercise all the executive and iudlclal functions usually pos sessed by counties. To secur- com pel ability between the payments for ail general governmental functions, including payments for court expen- fHE AUGUSTA HERALD. AUGUSTA, GA. CONTRACTS FOR BARGE LINE McKenzie Construction Com pany and D. A. Bowe Get the Majority of Contracts at Meeting Today. A joint meeting of the streets and drains and railroad committees of city council was held at noon today in the mayor’s office and the contracts for the construction of the barge line ter minals were awarded, subject, however, to the approval of city council. Work Is expected to start very Boon. The following is a list of the contracts awarded: Substructure—D. A. Rowe. $9,190. Concrete flooring—McKenzie Construc tion Company. $9,360. Ruilding—D. A. Rowell $10,840. Building—D. A. Bowe, $10,840. Plumbing—T. G. Bflttingham, $994.79. Hoist —McKenzie Construction Co. $4.- Mfc- HERALD CARRIER TO ATTEND CASINO TONIGHT Sixty Odd Will Go Out to Lake With Circulation Manager W. S. Kackendree. —■" ■ * The Herald’s carrier boys, slxty-odd in number, will be delightfully enter tained this evening at the Lake. They in company with their manager, Mr. W. S. MacKendree, will “take in” the Casino. The troop now playing at the Oar sino will put on a special show for The Herald carriers—a show which the management believes will he ap preciated by the youngsters more than the regular bill that has been playing this week. The trip tonight will be one to be much enjoyed by every one of the boys and each and every one of them are no doubt grateful. AUGUSTA QUOTATIONS GROCERIES. PROVISIONS t>. S. Reg. Ribß. 60-lb 12* D. S. Reg. Plates. S-lb. av. 11 D. S. Clear Piates 10 D. S. Bellies, 25-lb * ,U% Pearl Grltes, 96-lb., all sizes 1.95 Yellow Corn 85 Red Cob White Corn 98 Mixed Feed Oats 62 Best White Oats .66 Fancy Head Rice 05 Medium Head Rice .05 Japan Head Rice 03V4 Fancy Green Coffee Ms{ Choice Green Coffee 13 % Fan- Green Coffee 12 Tencent Roasted Coffee. 100 pkgs.. .07 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. Molasses, bbls 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 bag* 4.35 N. Y. Gr. Sugar (60 2 ertns), pat' lb 4.55 N. Y. Gr. Sugar (60 2crtns), per lb. 4.55 N. Y. Gr. Sugar 32-3% ertns, par lb 4.55 12-oz. Evaporated Milk 8.75 Peerless 5c Evap. Milk, 6 do* ... 2.85 M. & La Stick Csndy. 30-lb. boxes.. .06% Ground Pepper. 10-lb. palls, per lb. .16% Mixed Cow Peas, per bu 2 o<j White Cow Peas, per bu 2 35 Tanglefoot Fly Paper 1.70 1- Churn Salmon i 0 2- Tomatoes 70 8-lb. Tomatoes 95 New Argo Salmon, per do*. 1.50 Va_ Peanuts 35% THEY’RE ALL ALIKE. There was a young girl from out West Who with beauty and fortune was blessed. And so nothing lacked And so nothing lacked To make her attract. But she Just got a duke like the rest. ses in these cities and in other cities of Groups I and II which exercise no county junctions, certain percentages of the payments for the expenses of county governments of the other cities of Groups I and II are combined with the city payments. Tho combi nation of county and city expenses secures comparability of per capita payments for court and other general governmental expenses for all of the cities of Groups I and 11. but those payment* are not comparable with similar payments of other cities with the exception of Denver, Colo., for which city the figures of the table in elude per capita -payments for ex penses of the county as well as those of the city. For the 195 cities, the total per capita payment for general depart rnents, including general government, police, fire, all other protection to person and properly, conservation of health, sanitation and promotion of cleanliness, highway, charities hos pitals and corrections, education, re creation, miscellaneous and general is $17.34; for tho cities of Group l) $21.24: Group 11, $19.99: Group 111, $14.22: Group IV, $12.06; Group V. $11.69, showing a decrease in per cap ita payments fo r the smaller cities. The per capita payments for police department for the 195 cities Is $2.04; for the cities of Group !, $2.75; Group 11. $2.14; Group 111, $1 53; Group IV. $1.26; Group V, SI.OO. The rer capita police expenses increased from $1.84 in 1902 to $2.01 In 1912. The per capita payment for fire de partment for the 196 cities Is $1.62; for the cities of Group I $1.58; Group 11, $2.02; Group 111, $1.68; Group IV, $1.50; Group V, $1.38. The per capita fire department expenses Increased form $1.30 in 1902 to $1.62 In 1912 . The ’ er capita payment for educa tion for the 195 cities is ss.o2;'for the cities of Group I, $5.55; Group If *5.30; Group 111, *4 57- Group IV, $1.29: Group V $4.34. The per capita expenses for education increased from $3.61 in 1902 to $5.02 in 191$ . WREN RECEIVER ASKED, BOND Bill Introduced Today in Geor gia House Requiring Indem nity Bond in at Least SIO,OOO When Petition For Insurance Company Receivership Re quested Atlanta, Ga.—Representative Evans, Screven county, introduced a bill in tho bouse of representatives this morning requiring all petitions seeking to ap point a receivership for an insurance company to give a bond of at least ten thousand dollars. The importance of this requirement j will be readily apparent to business ben and financiers through the state as in many eases, it is pointed out. efforts i have been made to throw reputable in surance companies in the hands of re ceiver although such companies were thoroughly solvent. The effect of the litigation, it is rec ognized. is always hurtful even though at court hearing, proceeding were dis missed. With the passage qf a law requiring an indemnity bond, those seeking to wveck insurance companies will be slow to consider such proceedings. Mr. Evans’ bill comes as the result of litigation dur ing the last year or two and recently against Georgia companies. It is un derstood that many business men and Georgia insurance officials are back •»f the measure, and it will be pushed through the legislature and put on the statute books as quickly aB possible. AUGUSTA SECURITIES. BONDS AND STOCKS (Corrected Weekly for The Augusta Herald by Martin & Garrett) Bank Stocks. Bid. Ask Augusta Savings bank 150 Merchants Bank 212 215 National Exchange Bank of Augusta 135 Ui Planters Loan & Savings Bank (par value 10) . ..„ 43 45 Citizens & So. Bank 240 250 Union Havings Bank (par value $100) 126 Railroad stock*. A. & W. P. R. R. Co 150 152 Augusta & Savannah Ry. Co. .103 106 Chattahoochee & Gulf R. R. Company 102 Ga. R. R. & Bkg. Co 258 262 Seaboard pfd stock 50 o 3 Seaboard Common Stock 20 ?,z Southwestern R R. Co 104 104 Factory Bonas. Augusta Factory, Ist 6s, 1915 M. & N 93 98 Eagle & Phoenix Mills Co. Ist ss. 1926. J. A J li 101 Enterprise Mfg. Co.. Ist Os 1923. M. & N 90 02 Sibley Mfg. Co.. Ist ss, 1928, J. & J 90 22 Factory Stocks, Granltevlll* Mfg. Co 125 King Mfg. Co 77 »» Aiken Mfg. Co 25 Augusta Factory so Enterprise Mfg. Co. 60 King Mfg. Co., pfd 103 105 Wurren Mfg. Co 70 efficiencyTnot years (Norfolk Virginian-Pilot.) Vice President Marshall declared recently that "this is the young man's age.’’ H« went on to say that "the old man Is being shoved off the stage everywhere. Falling physical vision is assumed to mark a like dimness of Intellectual sight.” The strenuousness of modern life pays more regard to the physical en ergy and power of endurance of the young man than to the garnered ex perience and matured wisdom of ad vanced years. Still efficiency in occu pations not calling for severe and continued bodily exertion may not he assumed or discredited merely because an Individual Is below or beyond a fixed age limit. Much of the world’s best work haa been done by persons beyond the time set by the Psalmist for the decay of man's strength and faculties. In many cases genius has seemed 10 ripen with the flight of years. Within the records of recent history the names of Gladstone, Von Moltke and a score of others Illustrate the fact that three score and ten may vie In achlevemena with the representatives of a later generation and like examples are nu merous in the fields of literature and science. On the other hand instances ere not wanting to prove that gray hairs are not essential to full grown greatness In any lino of human en deavor. Pitt hecame prime minister of England when scarce beyond the threshold of humanity, and Napoleon emulated the military triumphs of Alexander when still sneered at by the grizzled velerans qf Europe ns “a beardless boy,” hut ills final overthrow came at the hands of Bchwartzenburg and Blurher, both septuagenarians Byron rose to fame In a single night, when yet In the bloom of youth, while Walter Scott only began his career of authorship when beyond the prime of life. Nature has no inviolable law on this subject which cgn he blindly fol lowed. Dr. Osier Is a living refuta tion of his own theory, and on the contrary it has been abundantly dem onstrated during the last century that' youth is no bar to perfected ability. It all depends on the man. MORE THAN LIKELY Ruth (reading from novel) He kiss ed her on the forehead. The proud beauty drew herself up. Vera—l suppose that was to got her cheek up to the proper height, A CRUEL REMARK. He threatened to drown himself If I refused him. What did you say? I told him he couldn’t use me as a life preserver. HALF TOLD TALE. "I'm honest as the day is long," Brags foxy Mr. Bright; But he will never tell the throng How he behaves at night. —Cincinnati Enquirer. PHONE 9427 Have Your Automobile Repaired at Reliable Auto Co. The Wise Dry Goods Co.’s Big Special Sale is the Money Saving Event of the Season One entire table of print ed Lawns, Batiste and Voiles worth up to 25c per yard at IOC All 12ic yard wide Percales at 9c Beautiful line of new Shirt Waists worth up to sl*so at 95c One lot of $5.00 Linen Skirts at $2.50 Entire stock of fine Fancy Parasols at Half Price One lot of Crepe de Chine and Crepe Meteor Dresses worth up to $25.00 each at $7.50 $1.25 Middy Blouses at 98c $1.50 24-inch Suit Cases at 98c 17k yard wide bleached Drilling at IOC 12k Bleaching at 10c 15c floral bordered ♦ Scrims at 10c 25c White Voiles at 10c 25c White and Black Silk Tissues 10c 25c White Madras at Isc 25c Colored Madras at 19c All 19c Galatea Cloths 15c 25c Crepes, all at I9c 20c Brown Dress Linens at I4c 25c Bobonet Rufflings 10c All 25c Hosiery at 21c All 35c Hosiery at 27c All 50c Hosiery at 43c 15c large size Huck Towels at 9c 15c full bleached Turkish Towels at 9c $1.50 Silk Gloves at SI,OO SI.OO Silk Gloves at. 59c ELEVEN