Newspaper Page Text
THE A«r,M<sT' HERALD
Complete .Local and Telegraphic Market Reports
CO! TON MARKET
AUGUSTA COTTON
AUGUSTA MIDDLING 2783
Receipts lor Week
1917 This wk.
Wednesday 2519 1050
Sales For Week
Sale 1 ?. Spinners, Sh’pts.
Wednesday 199 11 137
Stocks and Receipts
Receipts A ".gust 1, 1917 to Novem
27th, 1917 .259.013
Receipts August 1, 1917 to , Not.
27‘h 1918
Stock'in Augusta today
Stock in Augusta Nov. 27th, 1917..146.42-
Weekly Crop Movement
1918
Receipts f 05.309
slock ien ! s r:.vv.v.v:. i.b«:«?7
Came in sight .
NEW YORK COTTON
New York. —The continued bullish char
acter of southern spot advices, absence
of hedge selling and relatively firm ca
bles. gave the cotton market a very
steady tone at the opening today. First
prices unchanged to tifteen points
higher on covering while there also was
considerable Wall street and spot house
buying which sent December contracts up
to 28 31, January to 27.35 and March to
26.67, making net gains of fifteen to 26
points. This advance met considerable
scattering realizing for over the holiday,
however while there also was some fur
ther selling believed to be for Jauanese
account which held the market in check
and caused some irregularity.
Cotton futures opened steady: Decem
ber 28.25; January 27.30; March 26.50; May
2C.25; July 25.90.
The cotto market opened steady: De
cember sold at 28.25 up 15; January 27.90,
up two and March 26.50, up nine.
COTTON GOODS
New York. —Cotton goods and > arris
Tuesday were unsettled and quiet. Wool
goods were quiet awaiting action by the
government on >vool. Burlaps ruled quiet-
CHSCAGO'GRAIN MARKET
Chicago—Although evening up for the
holiday tomorrow gave to the corn mar
ket today some transient strength, the
general trend of the market was toward a
1c er level Opening quotations which
varied from % to % highe: with De
cember $1.25'-, to 51.26 V; and January
$1.2634 to $1.2714 were fo’lowed bv mod
erate further gain c = a d the*' by a de- line
to well below yesteVday’s finish.
Oats fluctuated with corn.
Provisions averaged somewhat higher.
OPENING GRAIN—
Corn. December $125% #51.26 : Jan
uary $1.2634 #51.27; February $1.27#%.
Oats, December 73; January 71% #72;
February 72.
SUGAR AND COFFEE
New York.—Raw sugar, steady Tues
day with prices unchanged at $7.28 for
centrifugal; refined, fair demand: prices
unchanged at 9 cents for fine granulated.
Spot coffee market remained entirely
nominal.
FRUITS AND VEGETABLES
(Corrected h.v Dudlev WU ft Co)
FRESH FRUIT 3
Cfcar* If'rtt. 'lestrible eliM 15 573
J*mons. per box T. 50
Bananas. p«*i ponnfl 03
Apples. bid*. elnth bend 3 ft o
Anr Im. Fancy Ynrk doubt* head LOO
Apples. ?»’■«.. North r -i t*r box 2.0 f
VEGETABIFS. £TG
Potatoes. n*r *«r)i I' M
Orion*. tw ier> ft* JJ'' 1 *
Onions, per 50-lb l-J*
C»hb*ge. fnnrv p«r i v hr
Turnips OnvlfSTi »,'r.*il 180-I*' bir* 489
F*pta. fre-h ’OO-'h per asrk 8 ?ft
Bwf-c! potalcf H'-n 7*ll)*. Hf ItS
Fi r to Ere.
f r *rble*n r*’* be*rs. T**r P’lnd Ih\4
rfr«g >H»n« per nonnd 1®
p'-o OJ»rrpf* rTorrr. rt>T bushel 2SO
f>n»nn sr»t« veVr'vr pp-,- l>o t. ?8
©nlcn wH> p*r h-n 4.00
DRIED F*il»vs re*NUT9. NUTS. CTO.
P"”"M XP-lh >*>'»'• If' SO ppr pjltbd $ 14U-
Prune*. 7S-1H 70-« ft p*' Pound IS
Prunes. r>C»nr! ’•J-nTI pK'7 !M M«.. to o*3o IS
Prune*. 7* ts-w pv*«. r*- -J-J
pH*.-) ppg'hps C*j|pf 33-Tb h«»r-»a .......... .14
Pr*-b«'- “I tii-n* r*T r'Tff’ W
Peanuts, Y».. por 13V*
•H9CFLLAKYQUB.
Fsfetr Ffr*t WifdiM ner c*"e 7.03
Milehe* F*»*,-tv
Red Bari Cfssr*. r vr M ** 90
Cold pt'k rtc.tr-. r*r M w 00
pt%tn» rv>t'f* rtir»"«. per lx 7?W
Kir p*r*r. TansrWoot ner ease l-W
Fir puner Rlhhon. Ms ,-93
Wrarp'’ic naner r«ti«. white flhsr .10
©r»r f|* ra paper 100-Th bundles C4H
Pane.- ban* SO per nru» Off P»w tlst
M«rtTi P 1« and 20-trvh roll* "I*
Frllt basket*.
Rutter trtrr*. tin ed7* ?-?-2-8-5-Th
Pspr-r rufterv 1?-1ft-i||-ffl-24* l-M
Jjvnmi furniture polish. 2 doren 25c »i»e.
dOMR 3- 0®
l*fcnu furniture polish. ! fnren r >oe fire, per
drwen 4 00
Peanut n, T t»er tu 2 d/>*. per rare *7O
Peanut Putter. BVj. * dr* , per «im» *73
P».i«r TTtr*dl> B§. deg 750
Tecbt Cinh Pilad Dre«;slnt: 4 dor pfenle. per
eg ee 5 30
Yurbt Clvh Fglrd T>re«3lr». 10-n* . per dor. 800
flalid T>ttrVee*g. 1 -eg large per note 475
itlad d*e««tng "TVirkee'g.” Med . 2 down.
per ctae . . 5 81
Ba’»d drrudng "DurVeg'a.** Pti.nla 2 do*.
per < ’.se .. **s
Fa’*d d'eaafng. ?7r* 4. per dor«n 1t»
Fa’ad dreeatne Vo. 0 p** doeen 275
ChU# Fguee. '’O-nr... per doeen 400
Chile Banee. R-or. . pe- der*n 2 25
€at«»rp. 13-o* . per doaefl I"0
Catanp l? 10-Th rang n**r dnrep 14 50
F’reet PleaW+p 10a. per gallon 170
Fureet plceieft*. te. per gallon 1.28
trrrrea*o Puree, t°-I®-th. r*na.. do**; 1 .... It *o
ptrVlea. Fp»»r "Fouteg rUnge.** do* ... ■ * 100
Pleklee "Mired, per down 1 10
Ptehleg Pnutre THmro 92-o*.. do* 1.40
Reklea. Sour. }*.rm . <*«ae 2.18
or Muatard ? do* V. per do* .43
Per Moitard. 2 do* 10*4. p-r
▼♦neggr, WlattTled hhlg., per gahm *4
Tlnetor. 16-o* hottlea. rcre gppl*. per do* I W
Ylng*ar. **Wbt»e Hmiae,” pure appl*. 23-o*..
♦are p«r do*en 203
Tfne»#e "White TTo’tee.*' p»ire auplg. If 17
H-ff*l. per eg«e 400
Vinegar "White How.” pure apple 3 1-**'.
per c*m 1 78
QBAIN ANH PRCVfStOICS
Wwrfl Coolrtng Otl J 4 SV e*n». c» 8 «*v
Weeeon Poolring OH 12 73c emna, eg *3B
Rrglrx. Murrlg* per dogen 178
Manage* In ofl 11.80
Pitted meat. Murrte* per dogeo 80
TTgeh. Pixie Prand re- dogen 183
Vienna Manage* pe- d'«en 140
Pull Dmhatn. per doeen ••
tflrfcru auto po'lah. 3 dor 81 «C f'ae. per egae 4 3f
IrtuneolA. "Bed White and Black.” eakc. per
doietj M
Shoe tx>Uah Babr FJTtte. black tan. oulefc
white. Ooaen 128
Shoe pollih. f-ln-1. black. *«n. whtte oxhlood
paete or cutnMnaUen Mack, tan cr white.
per doaen 1 “1
Broom* Yonr Wo 3. f-ttrtng TSO
Prooma. Y*ur.. 5-atrtng . 930
Palm M-enge Prptm« per dn*en 9.50
Queen Cl*x p»r dowgp 7 SO
PchUts P»«no Be»er*ga bbl . 10 dot 12 00
Cr eautert If returned 1.80
DAlry PAOriUJTt).
Putter. Better, 80-ft) )-4ib i*t* ftj % .87
Yroeo-Nut Bauer. 10-lb, boxe*. 1-lb. print*.
per pound 91H
Tro't>-Put Putter. ‘.'o-lb. bosea. 1-lb print*
P*r pound fltt
Troco-Wut Butter. |O-fb box**. 1-lb. print*.
par pound 91H
IfhfcT'* T»11 Milk 330
lAbbr'a Ml Or 72 amtl) per nm 400
Cbeggg. Daltr 89%
FICKLE* AMO • MnuiMEMTt.
OMee*. lbt-»*g Quern 49a per do* 9 1 00
OUtw Lfbt?7'i gtnffed. 4»a. dorm 1.10
STOCKS AND BONDS
RAILROAD STOCKS.
BMg A#Wd
A and W p B B no 1M 183
rh*t*gh/yvbee *r - Dulf B B *7
Oauthrrr Battw*. enirmon *2 it
Sou then BePwar preferred a* 7«
Aeabcard min* 21 d
Oeor*l* B. B lad Panbl.it On .... 229 283
SANK 3TCCKB.
PM* *.*«!
Jfet*' •xihante Bank of AuamctA ...173 14n
pta- ' an gn<* Pialnra B*»k HOl 41 48
***' t Rn*uhc*'> !*Bk ?M 150
** t*nk 180
• Btuk. o«r fitu* AilOOl .180 -'
DOREMUS & CO.
COTTON BRCKER3
Estabt.fhsd 1910
t2S eighth. Augusta, Ga.
SEA ISLANDS
Savannah, Ga—Sea Island!.: Market
nominal, quotations omitted Bids of BE
««■ average extra choice refused,
Sales - “5: receipts, 15.7; shipments, 109-
stock, 9530; crop in sight, 8.559.
LIVERPOOiTcofION
Liverpool.—Spots opened quiet today
with prices easier. Sales amounted to
1.000 bales. Receipts H.OOO bales im-lud
- 2n 2 g 37;^iddlh,gs r 2L74.
N ’ ORLEANS COTTON
New Orleans.—The holiday tomorrow"
caused a bullish opening in cotton to
day. Prices movements were sluggish in
the first half hour of business trading
months first rising nine to fourteen
points and then receding until they were
one point under yesterday’s close.
Cotton opened steady: December 27.90;
January 26.90; March 26.20; May 25 83;
July 25.45.
LIVESTOCK
ST. LOUIS CATTLE, SHEEP AND HOG
RECEIPTS.
St. Louis—Hogs: Receipts 16,000; steady
to lower.
Lights $ 7.35#517.50
Pigs 13.00# 16 00
Mixed 17.35<b 17.80
Heavy 17 60# 17JS0
Cattle: Receipts 5,000; slow.
Native steers 11.50*7) 18.25
Heifers 9.50(5) 15.50
Cows * 7.50<5 12.50
Calves 7.75# 17.25
Sheep: Receipts 1,200; lower.
Lambs 16.506?) 16.75
Ewes 11.00® 1200
EAST ST LOUIS CAT ,*LE. SHEEP
AND HOG RECEIPTS.
East St. Louis, lll.—Cattle: Receipts
5.000 including no Texans. Market, slow
Native beefs teers $ 7.50® $18.50 j
Yearling steers and heifers. 9.50® 12.50 j
Stockers and feeders 8.50# 12.00 |
Calves 7.75# 17.25 1
Texas steers 16.00# 17.70 I
Cows and heifers 7 50# 15.50
Hogs: Receipts 16.000. Market, 10#20c
lower.
Mixed butchers 17.35# 17.80 j
Good and heavy 17.60# 17.80 [
Rough 15 40# 16.50 ;
Light 17.35# 17.50 |
Pigs 34.00# 16.00!
Bulk 17.35# 17.65,
Sheep: Receipts 12,000. Market, lower. |
Clipped ewes B.oo# 9.001
Lambs 16.00# 16 50
Canners and choppers 6.00# 9.00
NEW YORK STOCK MARKET
New York. —Shippings were buoyant at
the opening of today’s stock market on
announcement of the offer of the United
States government to purchase the large
tonnage of the Mercantile Marine Com
pany. Marine preferred opened with a
sale of 8,000 shares at 112 to 11$, a maxi- j
mum overnight gain of eight points. The
six per cent bonds rose six points and
Marine common 2% while Atlantic Gulf
gained three points. Ohter strong sea- :
tures embraced the motors, sugars and
leathers but rails and prominent equip
ments were irregular.
Liberty four 414 s recorded yet an
other low quotation at 97.02
STOCK QUOTATIONS
(Furnished by Doremus & Company.)
Onen Open
A. F 80.4 M. N. P 161.4
Anaconda .... 65.6 Marine 27
Baldwin Loco. 74.4 M. Q 112
B. and 0 53 A. G. -W. 106.4
B. and B 64 Pennsylvania
Canadian .... 42. C R. B. C 76.4
C. F. 1 36 R. G 83.6
C. L 61 Rock Island... 26.4
Erie 19 Sou. Ry 28^4
G. M. 0 127.4 Stude. Corp... 55%
G. N. 0 33.2 Union Pac... 129%
T L 102 W. O. 24%
U. S. Steel... .100.4
TRUST COMPANIES SHOW
GAINS IN U. S. AND GA.
The 1918 edition of “Trust Companies
of the United States’’ which is the lf»th
annual publication of Trust Company sta
tistics issued by the United States Mort
gage & Trust Company, New York, is
now being distributed
John W. Flatten, president of the com
panv, says in th° preface to the volume:
“In presenting the 191.8 edition of
‘T*ust Companies of the United States,’
attention is directed to the gratifying sta
rMics of the growth and influence of
these institutions for the fiscal year just
closed, during which trust oomph"v re
sources reached a total of $9,380,886,051,
or $122,374,214 more than a year ago.
A recapitulation table shows that the
total resources of ihe trust companies
in Georgia amount to $44,658,639. a gain
of $5,909,790 or 15*.2 per cent during the
past year.
FARMERS, ATTENTION
THE BOLL WEEVIL SPREADS.
Clemson College, S. C. —'t’he cotton boll
weevil continues to spread over South
Carolina territory. The fall spread will
be stopped bv the first killing frost., which
is much later this year than last. The
present line runs as follows:
Through Beech Island and 'Hawthorne
In Aiken county; north of Weathersbee
and Yale in Barnwell county; through
Coven to Kdisto river at Codeton-Bam
berg county line; down the Kdisto river to
Weeks, and crossing the Kdisto river near
Sullivan’s Ferry; through Berry Hill to
Stono Inlet.
The present boll weevil infested terri
tory of South Carolina includes therefore,
Beaufort, Jasper. Hampton, Barnwell,
Colleton, most of Bamberg, and nart of
Aiken and Charleston counties. Weevils
were found last week near St. George in
Dorchester county.
The weevil damage has been consider
ably greater in Jasper. Hampton, and
Beaufort than was expected this fall.
The injuiry has been on 1 -' to the top crop,
however. In Beaufort countv weevils are
numerous in every cotton field
The cotton planters in the above coun
ties may expect quite a large amount of
boll weevil fniury In 1919. according to
the present indications. It is necessnrv
for each and every farmer to 1 egin fall
work for the boll weevil control as «oon
as possible. Get rid of all cotton stalks
by grazing, turning under, or burning.
The land to be planted in cotton should
be turned this fall to better enable the
planter to start the next cotton crop
early
y .PAMWS.AREHV Nor IEI £ \ ' FT “', , r i * W\ *1
• ™ IHn mrr/Mf mice milo«ed»jJ Plan mice To6ETMeft- mmm NESSUM- * sa
HU f Me OM T«E 1 SHE CAMS MILDRED Do VoO BufiT I 60ESS
• Head'With over To plan *imi Llw , E CA ..r ) u ? Vou diom’v
• TMi '*ri ■. ,—I ii,-i rr
Doings
of the
Duffs
IT’S UP
TO YOU
TO BRING
OUT THE
CANDY,
HELEN.
By
All me n
AUGUSTA HERALD READERS ARE SUBSTANTIAL CUSTOMERS FOR AUGUSTA HERALD ADVERTISERS
PRODUCE MARKET
PRODUCE AND
LIVESTOCK
The Herald will oarrv in this column from dav to
dav prevailing prices in the local market on, hog*,
cattle, biieop. poultry, etc., which will serve as a
guide to the farmer who lias something in these lines
to sell. also, the consumer both in the city ami the
rurkl district.
The Vtigusta Stock Yards q otes hogs, cattle and
calves toilav as follows:
HOGS iCorn fed)— Per Lb.
Seventv-flve pounds and tip 17 @17%
CATTLE— tßeef and pork ou hoof) —
Common R 6? 7
Ordinary -8%
Onod 9® 9%
Fancy 10
CALVES—
Common 8%
Ordinary B%s 0%
Good IS @l2
Fancy 13 @l4
PROVISIONS MARKET .
Corrected by Murphey & Co.
MEATH—
U. S regular plates. 8-lb. average $ .22
OATS—
Feed oats 08
MEAL—
Waterground, DO pounds 4 15
Watergrouml. 50 pounds 2.10
n.otjn
Farcy pa'ent. r.elf-rißing 11 85
Hlrlt patent, plain 11 75
CORN
No :< v HUe 2.00
HAY
No l Timothy, ton SO no
Nat tv-' hay SO no
FEED—
l»airy feed T 200
Molasses horse feed $2.50, 325
Cottonseed meal 42 00
Chicken feed. 100-ltv hags 3.85
Cottosisced hulls 28.00
SUGAR—
Cane 8.75
PRODUCE MARKETS
NEW ' RK PR.’Vo JCE MAR '• $
New York.—Flour, dull.
Pork, stronger; mess $47.00#547.50.
Lard, dull; middle west spot, $26.95#-
$27.05.
Sugar, raw, steady; centrifugal, 96 test,
$7 28; refined, steady: cut loaf, $10.50;
crushed. $10.25; powdered, $9.15; granu
: lated, $9 20.
| Coffee, Rio No. 7, on spot, 13#14.
! Tallow, weaker; special, 16%.
I Hay, steady; No. 1, $1.80#51.85; No. 3,
$1.15#51.60; clover, $1.45#51.75.
Dressed poultry, irregular; turkeys, 30-
• #47; chickens, 29@52; fowls, 25#36%;
1 ducks, 356/12.
; Live poultry, fairly active: geese, 30#-
; 33: ducks. 32#35; fowls, 25#29; turkeys,
|40#42; roosters, 21; chickens, 27#30.
These, stronger; state milk, common to
, specials. 27#36; skims, common to spe
cials, 10# 26%.
Butter, firm, Receipts 7.197; creamery
extra G6#66%: special market. 67%; sttae
dairy tubs, 49#65; imitation creamery,
i firsts. 45#46.
Eggs, firm. Receipts 8.248; nearby
white, fancy, 92#95; nearby mixed fancy,
65#74; fresh, firsts, 67#74.
CHICAGO PRODUCE MARKET.
PT’TTFR - Chicago. Til
Creamery firsts 55 #>%
Creamery standards 60% #6l
.Firsts 57% #61%
Seconds 54 #56
FOGS—
: Ordinaries 54 #SB
Firsts 61 #65
’HEESE—
Twins 34 #%
Young Americas 36%#%
’ ivfe POULTRY—
Fowls 18 #23%
Ducks 24
Geese 21
Springs 23
Turkeys 2S
potatofs—
Cars, thirty.
Wisconsin barrels $1.60#51.70
Minnesota barrels 1.60# 1.70
EVERETT TRUE Ry Condo
‘ ~~~ ~ ~ —— r —~-l - 1 - "3BT
l notice yoo cick your pingcr,
To SePAMTC THE XHOETS or FWPeR* OP/fV T f?=
Yoo'cc Ca/R<*(° no 3T<JRs OP COR. Me
X’LC Xo THe “RAP pi NO. •}{ ' / p^Vr^
gov’t mm. of
STGC&YASIDS URGED
Washington, D C.—Permanent federal !
supervision of the stock yards is rcrom-!
mended by Secretary of : Agriculture,
Houston In a sttuement made public to-i
day.
Houston also declares that the system i
has succeeded so well that in his opinion. I
it should be extended to include related 1
interests and urges prompt congressional
action to make the plan possible.
llis statement is contained In a lengthy
review of the agricultural and food sit
uation in the country.
"As yhu know, the department, at the
direction of the President is now admin-|
isterlng under license the control of the
stock yards and related Industries,’’
Houston said. "The important results
already accomplished under <M authority
clearly demonstrate it’s usefulness and
emphasises the desirability of continu
ing it or some other adequate form of
supervision.
"The question also of exorcising simi
lar authority over the slaugh , eri* , g. meat
packing uid ro’ated Intorcds b one of
ser’ouM consideration. The food admin
i ‘ion has pln od limPatlon* on pro
fit on meat '»nd by-product* hnml’ed bv
the-o establishments nmj has required the
installation of uniform accounting sys
tems.
"In this way the centralization of con
trol by a small group of peckers has been
materially checked. The economic wel
fare of meat production and distribution
would he promoted by the continuation
and development in sonic form of the su
pervision over the packing industry.
"Such control, of course, should be
closely co-ordianfed with that of the live
stock markets ad there should also be es
tablished a central office to 'hlrh pack
ing concerns should be required to re
port currently in such form and detail
that it wou'd be constantly informed con
cerning their operations. The necessary
legislation ‘hop’d he enacted at the earl
iest possible moment."
AUGUSTA WEATHER
(Forecast till 8 a. m. tomorrow.)
Augusta and vicinity: Unsettled tonight
and Thursday, probably rain.
Georgia: Unsettled tonight and Thurs
day, probably rain.
Weather Condition*.
Over middle and eastern areas condi
tions have changed very little. Sleet and
snow are reported from western Texas
and light, to moderate rainfall In the other
' Southern sttaes.
! Temperatures continue low in the
’northwest and moderately low elsewhere.
| Highest temperature yesterday. 60 de
igrees; lowst temperature this morning.
■l3 degrees- Precipitation yesterday, .28.
River statge nt 8 a m., 8.6 ft.; rise ip
21 hours ending 8 a. ni.. 0.2.
Moon tonight: Rises 2.40 a. nr.
K D EMIGH.
THANKSGIVING IN LONDON
London, Nov. 26.—The I *Mtlsh ad
miralty has sent instructions to all
bases directing that United States na
val units be entertained on Thanks
giving day. Crews of the five ships
in the American battle suadron will
be the guests of ,the men of the five
British squadrons.
Tn London Thanksgiving services
will he held at St. Martin’s church,
Trafal*, r Square, and in West min
ster Cathedral. Four hundred mone
from American units will have lunch
nt Albert Hall, an equal number of
British seamen acting as hosts.
Sfeaktoi the Fulilii Mint
SEEKING INFORMATION ON
GOVERNMENT OWNERSHIP.
To The Herald:
Georgia, with the balance of the na
tion. is vitally interested in the national
problems which are to come in the re
■oijustment period. The first of these
he ; already presented itself. In the ad
vance discussion of the future status of
the utilities.
i—l o you believe the United States
gov.opent morally obligated to the peo
ple to terminate its control and actual
oper.itkm of those utilities it has taken
over, as "a war measure," upon the rati
fy ■ lion of peace treaties?
2 Should the final determination of
the question of "government ownership"
evo'ute from an "unscrambling" process
of after-war conditions, or should it be
based on a direct issue taken to the peo
ple in peace time?
3 In either event, if the conclusion he
favorablo to governmental possession and
operation, should |ntra-state service,
rates and regulations be securely lodged
within the jurisdiction and under su
pervision of the state commissions, or
should these bodies become wholly sub
ordinate to federal regulation and Juris
die .on in matters intra-state as well as
inter-state?
* am addressing these quetirons to cer
tain officials and nev.; paper editors of
the state generally, with the request for
brief and concise replies. Mv purpose Is
t> compile the e into a symposium for
publication, which will fairly present the
x u v. of the state of Georgia in respect to
these problems.
Yours very truly,
THE TMLKG It A I’ll BUREAU,
By John \V. Hammond.
THE BANKS AND COTTON.
Augusta, Ga., Nov. 24th, 1918.
To The Herald:
Dear Sir —1 read your "Resuscita^
SEiiraitic
warmer
ve coal
nter by
xq wftK
CAREY WALLBOARD holds heat in the room;
plaster lets it escape. Applied to the studding Carey
Wallboard forms a dead air space between its own
surface and the sheathing; a dead air space is the
most efficient known insulator.
Carey Wallboard has a uniform smooth surface which re
quires no coloring or papering but is nevertheless suitable
for tinting or any other scheme of decoration.
Unlike plaster, it cannot crack, or fall off. Can bo applied
by any carpenter or householder, in half the time, and with
less muss and fuss than plastering can be done. Adds a
useful room and makes a warmer house at a minimum of
expense.
m R. 0. CAMPBELL CML C 3.
DISTRIBUTORS.
General Building Supplies and Coal,
232 Marietta Street Atlanta, Georgia.
J. O. AGREE, Representative,
P. O. Cox 63. Auguata, Ga.
tion of cotton” in today’s issuo with
great interest.
As it will be some t ; me before oats
or wheat can be turned into mopey,
farm implements, etc., i called on my
cotton factor. Saturday asking him to
carry a few Ijnlcn of cotton for mo. His
reply was that he would be glad to do
so but the banks were not disposed
to loan on cotton.
His reply brings up the questions,
that the banks are hard up, or are dic
tated to by the spinning interest.
Which?
Respectfully.
CURIOSITY.
BUSINESS
Outlook for Easier Money.
(Woolman’s Review.)
Our war machine is being rapidly
cV mantled. If we did not d matle
it ourselves it would dismantle Itself,
for the war is over, and many leis
urely plans for readjustment are be
ing upset by the rapid march of
events,
This readjustment D essentially
economic ami financial in Its effects.
With the demobilization of war in
dustries, labor socks new fields. Non
es.-entiil plants take on labor and
with the rise in their production com
modities become more plentiful- Non
essential plant-i cannot pay war
wages. Their demand for raw mate
rial will not be so urgent. Uonsequent
iy it will take loss money to do busi
ness. The m u'acturer will have
loss money tied up in inventory. The
chinces are that lie will bo very con
servative when it comes to stocking
up on material. He will net require
so much working capital.
This does not noco isarily mean that
" business will bo less active or that it
ELEVEN
will be less profitable. Taken singly
it means that the dollar will be worth
more—that it will buy more good*,
more labor- This will "be a good
thing for us all, for we have been
able to realize the delusion in exces
sively high prices, and we would pre
fer a dollar that has more purchasing
power.
Dollar of Greater Value.
The countryl naturally wants to see
the progress toward a dollar of great
value accomplished without too much
dislocation, and with the minimum of
inequity, especially toward labor. In
order to bring this about prices of
commodities would have to lead wage*
in the decline. These ore factors that
no one can govern. Economic force*
are not fully subject to human con*
trol,
Commodity prices arc tending lower.
We called attention to this trend two
weeks ago when the indications were
not so apparent as they are now. The
government has forbidden short soil
ing of cotton presumably in order to
In* p maintain pric.;. Importers find
themselves heavily overbought on
many products. Price* on many com
modities, particularly from the Far
Hast, are down as much as twenty
per cent. Thu sit Is possible that
the decline in the cost of living may
equalize the fall In wages.
All this means a release of money
for normal enterprise. Merchants will
buy less and therefore will borrow
less. Manufacturers will find their
cost of operation reduced. Their re
quirements for working c&ital will not
be so large. Business may find it
: elf on a peace footing long before it
believed such a thing to be possible.
Thus, money connat fall to be
easier. The cancellation of govern
ment contracts will free many In
dustries arid much material. Until
manufacturers can be relieved of un
certainty about prices they will hesi
tate about making new commitments.
The funds thus released cannot re
main idle They will seek investment
on a oasis both *ofe and attractive.
And unless Indications arc misleading
the supply of money will be. sufficient
to relieve all stringency.