Newspaper Page Text
SUNDAY, JUNE 22
COMPLETE LOCAL AND TELEGRAPHIC MARKET REPORTS
Augusta Market
Previous Previous
opening close
MIDDLING 31.12 32.12
' Receipts
INet receipts 556
'Net receipts thii day last year.... 61
' Pales today 1.621
'Shipments 2.163
’Grosz receipts today 144,165.
Stock
iStock in Augusta this day
‘Stock in Augusta thia day last yr. 81,557
Augusta Daily Receipts
Georgia Jtailroad
fug-ust'a -Aiken Sailway 14
, and W. C., Railway
'C, L, Railway
• Wagon
Southern Railway
* Weekly Crop Movements
■ -. 1919
fehlptneots ,:... 127.513
Stock 1.193.760
[ Came in sight 301.43 S
i-Crop iri sight 10,566.331
Visible supply. 5,236,730
NEW YORK COTTON
" New York.—The cotton market today
•was* vef'y nervous and irregular but
covered most of yesterday's late reaction
with October advancing Xrom .31.70 tp
132.35 and closing at 32.03. The general
list- closed steady.-at a net advance of 13
to 45 points.
The market opened firm at a decline
• of 22 points on July which was influenced
by liquidation in preparation for notices
.expected on Wednesday, but generally 17
to 39 points higher. July soon Armed up
with the rest of the list on the bullish
! view of peace prospects, but some 30 to
i 40 points above last night’s closing figures
! there was increased realizing on the re
[ ports of labor troubles in Lancashire and
i the better appearance of the weather
\ map.
, Selling became more active following
[.minors .that .Germany would not sign the
Fpeace treaty unless assured of admittance
: into the league of nations before January
! and prices broke off suddenly during the
of the morning, with December
'•elling off from 32.02 to 31.60, or about 3
ypoints net. lower. Later reports were
fpurrent that Germany would sign the
C treaty, although some delay might be
[ asked owing to the ministerial crisis and
£ prices reached the highest levels of the
|Tay with July selling at 32.50 and De
cember at 32.10 and with thte general list
showing net gains of 38 to 58 points.
The closing reactions reflected realiz
f ins: for over the week-end rather than
[ any further change in the character of
> the news. Trade interests were report
!.ed moderate buyers on the mid-morning
; dejeline, including house with Japanese
connections.
Some of the week-end crop reviews
yread rather more favorably, particularly
. with reference to eastern belt conditibns,
k while local brokers said they saw no
[ change of importance in the news from
[ the domestic goods trade. Lancashire
! mill operatives are demanding a week
'.of ,46 1-2 hours and a 3ft per cent in
t crease in pay. while employers offer a
t week of 48 hours' and an increase of 15
| per cenfin pay.
Cot'ton closed steady.
. . - High . Low Close
Jtlly . .32.5 ft 31.90 32.25
[ October 32.25 31.70 32.03
f December 32.10 31.60 32.00
January 32i50 31.50 31.90
March 31.78 31.30 31.70
NEW YORK SPOTS
New York.—Spot cotton, quiet; mid
' <Ring, 33.25.
NEW ORLEANS COTTON
New Orlaans.-yßeMcf in an-early sign
ing of the pear© treaty was still the
main influence in the cotton market to
day and it resulted in good support be
-1 ing offered which sustained values well
'« In the face of considerable week-end sell
ing to realize profits from the long side.
Weather conditions over the belt were, if
: anything, considered somewhat improv
[ «d, bul no selling of consequence develop
ed on this factor.
7 On the first call- July was 25 points
, off under liquidation by longs in a narrow
for that month, but other poai
' tions were higher in belief that political
; events in Germany pointed to the prob
/ ability of that country singing the peace
j treaty. After the call the entire list
j moved up to a net advance of 41 to 45
[ noints, July being the strongest month
t'Suid touching 32 85. After the middle of
\ the session realising increased, all of the
; advance was lost and the active months
> were sent 2 to 4 points under yesterday’s
c close. Fresh buying was again felt to-
I ward the end and last prices were at net
gain for the session of 7 to 19 points.
High How Close
July 32.85 32.15 32.59
'October 31.74 31.29 31.40
(December 31.49 31.05 31.20
. January 31.26 30.75 30.91
> March 30.99 30.50 30.50
NEW ORLEANS SPOTS
New York.—Spot cotton, quiet; 25
'Tolnts off; sales on the spot 278 halts: to
’arrive 854; low middling 27.50; middling
[J2.75; good middling 33.75.
Receipts 6,843; stocks 418,379.
SEA ISLAND COTTON
Savannah. Ga —Sea Island cotton mar
ket:
f Fancy Florida and Georgia, 58?g:G0c; ex
£tra choice Florida and Georgia. F»6<3;sßc;
«hoice, 52©56; extra fine. 48<®50c; fine,
f«Cr46; cotton. 38c; market firm. Sales,
16: reoeipts. 263; shipments. 238; stocks,
crop in sight. 37.931
COTTON GOODS
New York.—Cotton goods trading has
much quieter in first hands, the
: mills now being well supplied with busi
jvfiess for the summer and not being In
• dined to do more at present. t Delays In
; deliveries are interfering with many
Tplans, the working hours being short and
ji’nelp not being as efficient as lest year.
fcMany retail and wholesale buyers are
L purchasing • goods from second-hand
Qhdders and in several places there is s
for goods for later deliveries
r than sellers care so check. The export
{•demand, despite the high prices now cur-
is larger than many sellers can
7-jneet and much of the business passing
from stock rath*r than in the form of
Mdditional mill orders. Finished goods
Jar# 1 very firm Gray goods have eased
little kn trad** has grown loss fevrish.
>Many prices at first hands now
k those fixed by the government boards
y difring the war.
DRY GOOOS~
New York.—Mills are trying to check
the increasing pressure for placing fur
rier bushv»ss Totton good* and yams
■were active. Silks and wool fabrics were
In steady demand for spot delivery.
COTTONSEED OIL
v N«w York.—Cottonseed oil was high
»ar for leadinv ftwliverles on urrgent de.
• wand from shorts. Inspired by peace talk
.and the strength in lard. Offerings were
i light. Fales. 600 barrels. Crude was
! $2.50 bid; pr.me summer yellow. spot
! Ilk 00.
New York—Cotton»*"d oil closed etrong:
a 8f»ot and Jun July and Auruet
; *27 00; September *27.40: October *27 64;
‘November 128.80 December J 26 00; Jan
i nary *26 90. Sale* 600.
r~ ~ ,m_- i _
fcimwMß* I#
Wholesale
Hide Buyei I
—Dealer In-
Leather Shoe
Findings. Hsr
ners, Bridles
and Baddlery
WYite us whtt
you have for
sal# or what you want to buy.
WILSE W. MARTIN
Columbia, S. C.
WEEKLY REVIEW OF
MARKET
New York.—While somewhat irregular
and unsettled during the early part of
th eweek, the cotton market showed a
generally firm undertone, with all the
new crop deliveries making new high
records during today’se trading. October
contracts for instances sold’ up' to 32.45
compared with, 27.53, the low level touch
ed on the reaction early in * the month
and 32.20, the best pripe reached on the
bull movement toward the end' of May.
This advance has been.jattributed to the
continued bullish character of crop ad
vices, the relative steadiness of south
ern spot markets. ami increasing confi
dence in an early consummation . or
peace. The latter feature was very much
in evidence toward the close of the week
and a belief that would sign
the treaty was evidently considered a
very bullish facton on cotton. The idea
appeared to be that as soon as peace is
definitely declared, rapid progress would
be made in establishing credits or financ
ing the more urgent European needs of
cotton and that there would be another
rush of export demand in the country’s
spot markets. Reports were current here
yesterday that foreign buyers be
sieging cotton factors and. banker? in
some of the southern markets for credits,
suggesting the existence for a demand,
and it was supposed that financial in
terests would be more wllltflg to extend
accommodations with the peace negotia
tions out of the way. There were also
reports that plans had been formulated to
provide an immediate working fund of
$25,000,000 for one of the new corpora
tions that is to facilitate export busi
ness, and the increasing supply of ocean
tonnage has been reflected in the larger,
exports during- the past few days. South
ern crop advices have complained of
further showers in the southwest ar.d
claim that considerable acreage may. be
abandoned because of the wet weather
during May and early June.
The weekly weather Report of the bu
reau seemed to encourage the talk of a
low* government condition report on July
Ist, and some buying was reported in
expectation of bullish private reports
next week. A local authority estimates
the acreage planted at 38,045,034 acres
compared with 41,107,429, making a re
duction of 7.45 per cent.
SEC’Y HESTER’S WEEKLY
COTTON STATEMENT
Comparisons are to actual dates not to
close of corresponding weeks:
In thousands bales.
In sight for week 131,000
Do same 7 days last year .. . 83.000
Do same 7 days year before... 89,000
Do for the mortth 467,000
Do same date last year 268,000
Do same date year* before. . 218.000
Do for ieason 10,232,000
oD same date last year 11,678,000
Do sajne date year before ....12.403,000
Port receipts for season 5.966,000
Do same date last year 6,193,000
Do same date year before last 7,091,000
Overland to mills and Canada
for season 1.231,000
Do same date last year .... 1,581,000
Do same date year before .. 1,426,000
Southern mill takings for sea
son x.>. 3,177,000
Do same date late year 3,465,000
Do same date year before.. 3,669,000
Interior stocks in excess of Au
gust Ist 359,000
Do last year s 436,000
Do year before * 218.000
Foreign exports for week ICS.OOO
Do same 7 1 days last year .. 74.000
Do same 7 days year before.. 62,000
Do for Reason ... 4.810.0Q0
D same date last year 3,885.000
Do same date year before.... 5,199,000
Northern Spunnera’ takings and
Canada for week 34,00°
Do same 7 days last year ■ 26,000
Do for season 1,862,(tt)0
Do to same date last year... 287,000
Statement of Spinners’ Takings of Am
erican Cotton Throughout the WorlcJ.'
Do seven days last year .... 159.000
Same seven days year .before.. 1.752.00°
I Total since August Ist ....... 9,274,00°
| Same date last year 10,863.000
Same date year before 12.449,000
i Sttaement of WorlcPs Visible Supply.
Total visible this week 5.0Q6.D00
Do last week 5,128,000
i Do same date last year....... 3,664,000
Do same date year before. ... 3,‘374,000
lOf this the total American this * •
I week 3,383,000
‘Of this the total American
last week 3,452,0001
Of this the total American last * • •!
year 2,3^9,000
Of this the total American year
before 2.082.000
i All other kinds this week 1,683,000
! Do last week 1,676,QD0j
■ Do last year 1,245.000.
, Do year before 1.292.000
Visible in the U. S. this week.. 2,335.000
| T)o this date last year 1,910,000
' Visible in other countries this
j week ' 2,781,000
' Do this date last year 1,664,000
COTTON MOVEMENT
POET MOVEMENT.
New Orleans.--Middling 32 75. receipts 6,848; ex
ports 13.012; *xWn 1,132; stock 418,379
Galveston.—Middling 83.00, receipt* 4,892; sales
1.107; stock 240.806
*A Mobile —Middling 81.50: receipts 28; saiea 15;
stock 22,900.
Sarannah—Middling 82.00: rsoelpt* 4,920; ex
ports 21,150; sales 300; stock 205,867
Charleston-Middling 31.75; receipt* 1,87; sales
5; stock 68,429
Wilmington.—Middling 81 00; receipts 619; stock
67,142.
Texas City—Receipts 2.004; stock 21.9*7.
Norfolk—Middling 21.550; receipts 281; salm 2.
221: stock 105.946.
Baltimore.—Stock 7.939.
llotton —Middling 33. 15; receipt* 42; stock 11,400.
Philadelphia— Midtiling 33 50: •to'* 4,505
New York.—Middling 33 25; exports 200; stonk 99,-
761.
Minor porta—Stock 54,178
Total today—Receipts 20,809; exjorta 35.206; stock
1,829.516.
Total lor week— Itecsipt* 20800: erporta 85,268.
Total for Heaaoo—lt*wetpu 5,986.367; exports 4,-
845.476.
INTERIOR MOVEMENT
Houston —Middling 12.25; receipt* 4,485; ship
merits 7.282; ales 1,172: stock 216.968
Memphis- Middling 82 30; ri*cetpts 2.542; ship
mtrits 0,285; etle* 000; stock 256.751
Auxustn —Middling 82 12; receipts 550; shipments
2.163; sales 1.021; stock 144,158
St. JxaiL*.—MJddhng 82 25; receipts 500; shipments
179; stock 16.197
Atlanta—Middling 32.25; receipt* 1.686; exports 1,-
1859; *a!es 1.700; stock 26 615
Little Rock- Middling 8125 receipts 856; ship
ments 679; sales 679; stock 33.885.
Itallas—Middling 32 50; *•!«* 8.074.
Montgomery—Middling 31 50
Total today—Receipts 10,119; shipments 18.44TJ
stock 606,665
NAVAL STORES
JACKSONVILLE NAVAL STORES
Jackoonvllle.—Turpentine dull, *106;
sales, none; shipments, none; atockr, *.-
Oil.
Rosin; steady; sales. 588; receipts,
none; shipments, none; stocks. 119,471.
Quote: B, *l4 76; I>. *l4 88; E, *l4 90-
!fi*l6 00; F *15.008**15.10; O. 115.08ft
*15 16; H, *16.109*16.20; I,
K. *ls M. 18 00W16.10; N.
*lB 400*16 68; window glass *16.75; water
white *16.85
Sevißimh. Ga— I TunwntlM dull. 1105; mlm,
non-, rec-lp* t 295; Bltlpmenu. 175, ,tnr*. 0 525
Booln. firm, -ole, 2*3, roroipm 595; rMpmento. 1,«
203; ,toek 54 694
qu-ie B 515 00: It *ls 10; K, *ls 35; T 1)5 40;
**. 515 44. If. sls 50; I *ls 00; R. «M 004*16;
M ft* 604**5; V *l6 600475; window slow 11415-
Bir.oo, w«t.r wmm ir*ooi»*is
THE DAIRY MARKET
NEW YORK BUTTER, EGO. CHEESE
AND POULTRY MARKETS
Now York.—Bulir-r. easy, receipts I*,-
266: firsts. 408*951 %.
Errs. Irregular; receipts 17.764; first,
47f) 48t*.
Cheese, lrrrß,i|»e; receipts 2,070; srer
ase run. 20@*0(*.
Poultry, live, steady; broilers, 46®«0;
fowls, SS: old roosters. 22, turkeys. 26@-
*0; dressed steady; fowls, froaen 28027
old roosters, 19020
CHICAGO BUTTER. AND POULTRY
MARKETS.
Chicago. lll.—Rutter, lower: eygs lower
receipts 21.711 cases, firsts S9Q4I
Poultry, alive, higher; fowls, 28»*,
if. LOUIS POULTRY, EGO ANb
BUTTER MARKET.
_*t lest*. Ms.—Ponltrr ssrSunsed rprlsn.
47 (set* ftsUsr and assa. SMhknssd
SUGAR MARKET
Nsw York.—Raw sugar, unchanged
f.2S for centrifugal; refined, unchanged
at * cents for fine granulated
Spot coffee, nominal. 7
NEW YORK STOCK MARKET
New York. —On the assumption of an
early acceptance by Germany of tho
peace terms, today':; two-hour session 1 of
the stock exchange was enlivened by a
further advance of the general list, es
pecially the better known speculative
favorites.
The fairly large turnover Converged to
the usual extent abound motors, oils,
shippings and equipments although to
bacco, leather and food specialties con
tributed their quota.
Extreme gains ranged 2 to S points, the
automobile division and kindred acces
sories making the strongest showing. Ad
vances w: ro subject.*' >i to variable down
ward revision on realizing for profl's,
but tho market closed strong in the main.
The reaction of tho early week, when
stringent monetary conditions pr va!Vd.
was reflected in the weekly bank state
ment, which showed a contraction of
more -than $205,000,000 in actual loans,
almost correcting the heavy expansion of
the past fortnight and an increase of
slightly' more than $31,000,000 in dxcoss
reserves, wiping out last week’s de
ficit. •
Reviews the mercantile agencies
were again of‘an* optimistic tenor.' es
pecial ref re«ce being made to the bet
ter showing'of such industrials as iron,
steel and coal.
Trading in bonds* was nominal, with
slight alterations in ’domestic and for
eign war issues. Total sqjes, par value,
aggregated $3,325,000.
Old United States bonds .were un
.changed on call during the week.
Closing
Int. Paper .. 36
Nenneeott Cpn 39%
Louis, and. Na,h..U7%
Maxwell Motors... . 4*5%
Mrv. Petroleum ..180%
Miami Copper 27%
Midvale Steel 52%
Missouri Pacific. . 39%
N. Y. Central 80%
X Y. N II and 11 81%
Nor and \Veatorn. 108%
Northern Pao 97
Pennsylvania .... 46%
Pittsburg and West
Virginia 40%
Ray Consolidated
| Copper 24%
Reading < 87%
! R-'puMic’lron and
I HL‘H 91
S A. T I*
Go pfd 19
Sinclair Oil and
Rcfjntng
iS -S S and Iron. 08%
I Southern Pacific ..107
Southern Ry 31
Do pM ........ 70
Texas Co 270%
Toil. Products H'6%
IfpTOu -*Pncfic 133%
UM Cigar Store*. T O'*
'S%*toP«T:nr C0rp.,107
Tmii. Copper .... ISA*
United Fruit tR6
V. S. Ind. Acl... .152%
IT. 8. Rubber V.'fl
IT. s. St**el: 107%
U S Steel pfd. 116%
• Utah Copper 88%
Vi Caro. Client . H'%
W<; Union. 90 1 *
Am int. Corp 109%
Hor-l -Dutch 114%
\Vedln*hou-c Elec. 57
\\ lys CVerlabd ... 89%
Oh i- 1 CHE; Gas.. 58
Total Bales 775,300.
Closing
Am ltoot Sugar... 87%
American Can 57
American Car ami
Foundry 1093 a
American Hide and
Leather pfd 126%
Am Loco mo 84%
American Smelting
Am Linseed ... 75
end (Refining .... 82
u„ Buff?
American Sumatra
Tobacco ...114%
Ann *Tol. and •Tol.uii;
Anr 'Tobacco Hit* %
Anaconda .Copppr. . 7'3s
Atchison 99%
A. c L.: ,• io<£;
At! . Crulf and W *
Indies :.... 179%
Ralthvln Locumo .'. 10.3%
PalP. and 0hi0... 51 7 i
Bethlehem Steel 1$ B>i r s»
Canadian Pacific 163%
On. Leather 105%
Chema. and 0hi0... 65-34
Chicago. Mil., and
Nt. Paul 43%
C-hiorffo. R. I. and
Pacific.,.. 27
Chine* Copper .... 10
Colorado Fuel and
Iron 48 \
Crucible Steel*.... 94%
Cuba Cano Sugar.. 33%
Corn Products 71 %
V S Food Prod
Corporation 89%
Erie l«-%
General Electric ..161
Central Motors ...232%
Gt Marthern pfd.. 97%
Great Northern
Ore Ctfs 47%
Gulf Stairs Steel.. . 6(1
Illinois Oent'a'.... 99%
Inspiration Cot*. .. . 69%
Int Mer Mar pfd.llß •
Int. Nickel 31%
NEW YORK BOND MARKET
■l* 81%
Int Mer Mar 6a.. 98%
Kansas City Sou
tof f>.» 86%
Li««ett and Myers
* LoUiS and Nash
tin 4s 84%
Missouri. Kan and
Texas Ist 4s
Mis ourl Pie. gen Is 62
N Y On dH> 65.. 100
Norfolk .L Western
ev. 6,s 108%
Northern Par Is.. HI
•Pentr eon 4%5... 95
1 Ft mi gen 5» f1~>34
;.I Lari ding gen 45.. 84
Republic Iron and
vd>l«H. r»s (1940).. 94%
S< Louis and San
’ Fran adj 05... OR
K A t aIJ 5s ... 51%
Sinclair Oil and
Unfitting sf 7a...
Sifu ‘Roll Tel 55.. 91%
ROu Par 55.. 108%
Southern By 55.. 94%
«üßou Ry .gcu 48 ... 60%
\ Texan Co cv 6s. .103
T**v Und P«c Ift 90%
•‘Ufiitm Pair 45.... 85%
W S BteH 5s 101
•Vo «Caro Cbcm 5a 98
•WahMk* Ist 95%
U S 2s. raz’d 99»i
U S 2s. couppon. .. 99
T! 8 con 8s rag'd.. 89
If K cim 3s. coupon.*>9..
I? 8 4s. reg'd 100
IT 8 4s, coupon.'. 106%
American Foreign
Bncuritiea 5s 99
. Amrricin TH. and
TH. rv. 6s 103%
Anglo-French 5a... 97 Vi
Atrhinon gon 45... •82
A C Ls lat 4s ,82
11 and O cv 4%». 7*%
Bethlehem Steel ief
' 59 99%
Central of Cfeorgl* |
Consolidated j
Cen. Leather 55... 97%
C ard O ti Rs./..• 89-34 1
Chi B and Quincy
joint 4s ...... . 96
Chi. Mil and St .
Paul err 4%5. ’. . 78
Chi R I Pac Ry
rtf 4s '.'.i ?. . 73
City of Fwn( G< . 97-%
Colorado and Hou ,
• rtf' 4%h 89%
Denver and Rio
Cfo'ndo ref 3s. . J ... 56%
Dominion of Canada
tin (i93i). 9m
Erie gou 4*. . ~ .Y . 54%
Illinois Central ref
FEDERAL RESERVE BANK
.STATEMENT
Wmtitfltton, D. -Of—''fatal' cold -xe ones declined
morn than $2H, 000,000 last week, according to the
slateiueiat today us tiie eutuUtiuii *>i the icderal rr
ser?« hanks at iiu* close us ituslm-.-.* June 20th
Liienseti for" exporting ru:a*-ly $260,000,000 In gold
haw been issued' by the federal reserve hoard, hut
only a :>mall proportion of this amoun* has Icpu
wltlidrawn for shipment'. I7lr..''>oiitt‘il Mil* s«curc<l
i>y jrovcninimH wax obligations decrea rd a', out $74,
000;v00. The stglemr tit folhm ;*
ItTeMoriK EH v
Gold • rcdri and crrtifj. dtes <..s 332.676.000
G<SH fund, V It hoard 2581.2: .000
fi-vid ujtJi ffAreiiTi j.
Total gold 4»ehi I>g har.kt* 913,911.000
Gold with F R. agonU* 1,127.216,000
Gold redemption tnnd 124..593.600
Total gold rwe'Tes 2.1C5,725.000
Irfigai tiinder notes, sllvor, ep- * -..72 1.000
Total reserves 2,284.459.000
KecimnJ Ijy goyerument war oMlflatimi-,. 1,621.92:1,■iim
Hill tilscounted. all Other 274.736 000
Total bills on hand 2,11::,i7G.0'>0
IT. H gftvcrnmeut bonds 27,131.000 !
tl. H. Victory notes , 333.000
U. S. certificate sc of indebtedness. . 201.888,000 (
Total earning. a**et* 2.341 ~123.000
Hank memiiee 11,060,000
Uncollected iudne ajwi other rennet low*
from groaa deport f a » -I'. 157,000
Fife per cent redemption fund agalnit
F. 11. hank note* 9,fi13,000
All othor roanurcea 11,193.000
Total resources $5,465,416,000
UABILITIEM.
Capita! paid In $ H 1: 716 000
Rurpltift 49 000
Goyernrnent deposit* 161,49 ~0;i0
Due to ramhas merre account 1,615,6 K» nr»<i
l*>t*rr»vi apßiiahiMty itj*m» 052.0D7.000
Other depths, including foeign g»,v
erriment eTc*Jit* 127.264,500-1
Total gross depoaiHt 2,t;ii).4so,i;ffO
F. R iwvtcs In aettial circulation... 2.483.753. 000
F. R bank nete4 in actual Hrcu!atU*n 2,488,263, o-Mj
F R bank DOtaa in clroula ion. net
liability 173.77'. 000
All other liahilitltM* ... $ 4!.7M.0f10
Total Mahllltiea $1,455.450,900 ,
Ratio <4 total rue-rye t/* net dcfioslt «r ,| jr [j
noto liaMlith:* comMnefi, f»2 1 jv r cent
Ratio of gold reaertcH to F. R. not*-; in eireulil
tion after netting SI \»r cent a, *in« net
deposit liahilitie*. 6‘ 9 p«r rent.
WEEK IN WALL STREET
New York.—Further strini r.ry in tho
call money market aivi th • imminence of
the signing of th»* p»■»' • treaty with it«
confunln* development* in Germany wa«
the primary f*< tor* of thi* weelt'a une
certain stock market, the money Mitua
tion cauniriK a uhitrp, but temporary re.
coanion of pric*-*.
Lo«a*s v.en generally recovered lat«r
when call loah.s were reatored to rela
tively normal rat« hut greater caution
wa* manifested by the tradin*. 1 : element ns
evidenced by th reduced deailm t Hi.- ’ ,
however, averaging well over tho million
share mark. *
The greater part of the buying wa>*
cr«di.ted to interior Interest* main
ly Western arid southwestern, local mjd--
ratof* inclining 7fior»* toward; th short
side.
Oils, motor* and their fliigstdlarfcg and
leathers and tobacco mad* up a lim:**
percf*ntag<s of the tradin ', pools r ontinu-
Ing to favor tlios • is ■ * Revive! of
speculative interest was also n in th*
secondary tr*-n“i>orialion and run,' <,
food, chemical and f» rtliiser rba; • T x
as and Pacific led th • entire railway
group, toning a! the highest I*'!' since
Its re-organisation and Mil i j r*u<dflo
and Missouri, KauMfis and T* v repre
iaonted the other st.ro vu rnljv-i* rails.
*t*<e! Industrie* rail « d from
last week** lower le/,l* with rqnlpm-mt*
and metal*, favor /l* trade reviews uc
colerating the rocovery.
MONEY MARKET
New York.—M* ts. r ?i!e paper
sterling. Ob-da/ bills 1.18b,’ comm«n ;il
6'< <la> trill* on banks, 4 r >*'\ u > ■■ d
50-day bills 4 s '<■., demand IGO ■' * ibL h
4 61%.
Franc*—Demand *, 3H; dihles fi TO
Guilders—Demand 1 -1o * h . 30%.,
1 jr< - Demand * e •■•■ui
‘rfivi'mmfnt bonds, steal/, : Iroad
bond*, steady.
Bar sliver, $1.11*4. Mexican dollar*?
$6%
PRODUCE MARKET
CHICAGO PReblg.B MflBKf:T
Cbio»-,0. in.— if
rnrp i.y j,
B Ni. 1 curi'it* s#(>',-, *l,2* tvr »i< w
«<*l)t;,llll« T, , | ... mn.),-, i
B*t» *!f ff-' #0 re, „ -
,|,.*<tßAsJ to L,rT»i.
THE AUGUSTA HERALD
CHICAGO GRAIN MARKET
Chicago.—Greater optimism that Ger-
would sign the peace treaty led
to fn-s advances today In tho com mar*
k- Tlii- close was nervous, to 2%
o. urnot higher, with July at $1.82 to
$1,824® and September at $1.76% to
$1.16 •%. 1
Oats flnislicd \ to 1 and 1% cents up,
an.l provisions at gains of 22 to 56 cents.
CORN— Open. High. Low. Close.
July .... 181 182% 181% 182
Scut .... 174% 176% 174* 176%
< * ATS—>
July .... 70% 71% 70% 71%
S Pi .... 69% 70% 69% 70%
CORK—
July . . . .5140 5175 5140 6175
Sept. . . . .4930 4975 4930 4975
LARD—
Julj . . 3515 3525 3510 3122
Sept . . . .3465 3505 3465 3605
RIBS
July . . . .2815 2815 2815 2822
Sept . . . .2810 2810 2810 2832
CHICAGO CASH GRAIN
Chltago, 111. —Corn: No. 3 yellow,
1 1 : N’n. 4 yellow, nominal; No. 5 yel
low. nominal.
Closed nervous to 3% net higher
" >lh .Tulv SI.R2 to $ I.SllVi and September
$1.76% to 51.76%.
Oats: No. 3 white, 70%@71%; standard,
nominal.
Rye: No. 2. SI.6CV4; barley, J1.17@51.23.
Timothy 39.OO0313.OO; clover, nominal.
Cork, nominal; bird $35.17; ribs $27.60-
4t's2S.6o.
ST. LOUIS CASH GRAIN
St. I.oulv Mo.—Corn: No. 2. whlto SI.MOtI.B9W:
July $1.84%.
Gau* No. 2, 70%; No. 3 whlto 71%7t%;
July 71.
LIVE STOCK MARKET
CHICAGO CATTLE. SHEEP AND HOO
RECEIPTS
Chicago, 111. —Hog’S: Receipts 3,066;
• desirable mixed and light butcher hogs
i mil- 10c higher; top $21.00.
dedium 20.401® 21.06
; I'iP’a 17.00© 13.00
Cattle: Receipts 500; compared with
V'-eK .’l’vo: steerse, medium w'eight. most
ly 26 I" 50c higher; calves 60 to 780
higher; stackers mostly 25c higher.
: h >n: Receipts S.OOO; all direct to
: ! compared with week ago. lambs
mostly 75c to $1 lower.
ST. LOUIS CATTLE. SHEEP AND HOO
RECEIPTS.
St. Louis, Mo.—Hogs: Receipts 4,200;
[ active.
i< vy weight $20.500121.00
, I U hts 19.250 19.90
I < -.tie: Receipts 300; practically no
market.
• steers 12.005* 1.6.00
1 letters 3.005* H.BO
I-'OWS 7.005# 12-50
| Calves 12.504* 17.00
•cker steers 7.500 11.26
Sheep: Receipts 300.
. 1 cubs 15.000* 17.50
llwca 7.500 8.00
Jacksonville”cattle, sheep
AND HOG RECEIPTS.
Jacksonvlll.—Hogs: Receipts. light;
proppeds. weak
Extra choice heavy slß.so<@sl9.oo
Ordinary cilice heavy 18.00® 18.25
R'hv.li heavy 10.60® 18.00
Lights 16.00® 18 00
I:;:c 9.000 1150
Range hogs 11.000 12.00
Range pigs 5.00® 3.00
*'ftttle: Receipts, light; prospects, eteady.
I Steers 5.75® 12.00
I nulls 6.00® 860
,8' urlings 6.25® 800
Cows 5.00® 900
i ! Icjfrrs 6.60(g) 9.00
Veal calves 8.30® 12.60
t’anners, $4.00 up.
WEEK IN TRADE
New York. —TTradstreet’a nays:
Activity jn demand, strength of pricei
and optimism as to the outlook stand out
inon clearly than at any prevloua date
:nc« the armistice. As to the f»mt. it
nii -ut bo .said that the list of thing*
nought is a virtual roll call of the coun
try’s products, with article* of wearing
apparel and luxuries most wanted, and
the chief concern expn.»s?d being an to
deliveries of goods, with prices to be paid
a secondary matter. Even the threat In
dustrial lines that have hitherto lagged—
iron, steel, and to a lesser extent, coal —
■ how buying Increasing and output *n
lar/Ting, with the view frequently ox
preu d that the entry into the market of
the railroads is the only thing lacking to
put these great industries on a perma
nently higher basis.
Hank clearing*. $K,f)b7,£68,000, a gain
of 10 per cent over last week.
LONDON WOOL MARKET.
London.—There were 8,900 ables offer
ed at the wool auction sales today. Price*
wer- steady and unchanged. New South
Wales scoured sold at . r »s ID/fcd and South
Australian greasy touched 4s sd.
N. Y. BANK SJATEMENT
N'w York. The actual condition of clearing
L" Tanks and trust rompanlcw for the ws«k
It ba! they hold $80,408,530 r*Mrv* In una of
f il r«4julrementa Thl* is an Iru-nni* of $31,094,-
500 from last week
Th'o Btiaoroerit follows:
ACTI’AL CONDITION,
dlncounta. etc. deor«*Md... $205,996,000
Ca-ah in own faults, mwuttcf* * a
banks, d wrsas* 511,000
Rc rrn In F It btnkh of mambar
t»anks. Incrsasa . 14,797,000
lU-.trvn in own vaulto, sttao banks ami
tru«t cwmpanlM, dscreasa 631,000
hi • vit In daprwiUiiss. s t*i/ banksand
; r•. ■ .rapanlßß, loot into 884,600
Net (l"n*aml
»t tlrni* dcpOfits, lnc-*aß« 0,940,000
' •'itation q 104.000
I' S deposits deducUM 854.967.000
A; - vto rc.rrv* . ... 501.652 000
Kx«-»a p.-irrvi. Incu-aw 81,064.560
F' mn *ry ,4 sttao banka and trust rvunpanlaa In
, • i New York not includad In doarlng houß*
Matamant:
I,- -lee*, mt*. atr , dwit* $ 9.4*0 000
GnH. dar ***!«• 60 660
Ci.rnncv and tank >l«v r«uf 691.000
Inja-niH with K. B lank Naw York,
!•*-* > «v* 31.500
T dal drpoßita, dear*as 5.26606.0
I'V.’ti, <-.vh in fauit 19,999.980
Til’ 1" rr.panle*: Cash In fault . ... 73,294,200
STOCKS AND BONDS
R: llroad Stoclca.
Bid* Asked
A and W. P. R. Tl Co 140 150
t’hi.ttahoochee and Gulf R R.. 92 —-
Southern Ry., common $1 M-
Soul hern Rv., preferred stock. 71 72
Georgia R. R. dr Ranking C0,..210 212
Bank Stock*.
Bid* Aaked
National Exchange Rank of
Augusta 140 142
Planter* Loan A Having* (10). 40 45
'Vi/ers ft Southern Rank 225 260
M* t chant* Hank 100 186
Fnion Svgs . par value sllO,. .160 —.
Hay—No. 1 Timothy, ton 51 00
PRODUCE AND LIVESTOCK
Tho Au«ni«t» Stork Ynrtld nuota« hoipi,
'■ii’l" irwi rn|vr« today a» follow*
HOtiS (Cora-tetl) — Per Lb.
ntv-flve pounda nn<l up ~14 4,it;
< ’ATTI.Iv IP .if & pork on lioof -
fommon 6 U 7
Ordinary H >/,U t'/.
O'. >1 10 iinvj
!’ nry 11 #ll^
' M.VKB—
-■!!n*ry »H« *%
I t* 018
1 14 OK
FINAL LIBERTY BONOS
New York. -Liberty bond*, final prices
ts, |; were H%*. 1t0.40 first 4a, ‘J6 00,
'oral it*, 94.0'r, flrat 4%n. 05.10, second
4*4* :*4.2«1, third 4»/4*. Of. 24; fourth 4\4*.
'• 6. Victory 3 %t*. 100 01, Victory 4%i.
99 26.
l ha Vi on oil less* located in the be*t
allow field district in the United Rtata*
Hev'-inj oil well* adjoin thi* property,
Hi l r< f».r . If J»;okh ,'lk- a sure shot for oH
ait ! t . *uld i.' drllktd Imrr.edlately, 1
n* ho confident that thl* lea** will pro
d> oil In good paying quanttti** that
' ;* r i perfe iJv willing ’o offer It free
r ti r. Ini: with Ihe understanding that
' 4 yr.v bring In a fine oil wnfi, you
i a no* buy it. settling could t/e fair*
' I i:j»rnntr or no *a|c.
'i • t'-*f well with cost about $2 ioo 1)0
i f drill and should you obtain oil It m*an*
t. fortune f’an you vet together a amajl
• rate amonr ye r fr\>n<i» and ac
' i. lances to hendle thj* proposition?
If write rt%n at once for map* and
Stsll particulars,
H. | MANLIY
R <>)9 Arcade. Kacaae City, |do.
%
FARMERS’ATTENTION
FAKMTCRS cmfwyp vbgkqj
DEPARTMENT OF AGRICULTURE
BULLETINS.
GUARD WHEAT AGAINST
RATS AND MICE.
Tho grwitast wheat crop ever produc
ed in America will soon be harvested.
Grain elevntora will soon become verit
able treasuries which thrlevlng rats and
mice will break into If ih-iy can.
Don’t feed $2 26 wheat to rats and
mice, dR.vK the United States Depart
pient of Agriculture, Traps, poison, and
ratproof construction will btop their
raids.
The arch enemies of stored gram are
dampness and rodeut pests—rats and
mice. An elevator with a leaky roof is
only a little worse than one allowing
free entry to rats and mice. Tho pres
ent price of wheat makes a Udlknif ap
peal for ratproof construct ion of wheat
containers. Now 4 s tha time to fill rat
holes with cemtnt or cov4r them with
sheet iron, and to build new mouwe proof
granaries of either concrete or galvan
ized sheet rion.
Where rats and mice have plenty of
food and are unmolested they multiply
overwhelmingly. For example, in Aus
tralia. during the great war, sacks of
wheat stacked in high piles awaiting
shipment, became infested by mice which
riddled the sacka and destroyed n
part of the contents before preventive
stops were taken. tinder similar cir
cumstances a like result would Inevit
ably occur in tilts country- Where it is
Impracticable to provide tight containers
for stored products steps should be taken
immediately to trap or poison rats and
mice in the general vicinity of storage
buildings, and should be continued till
the loet bushel Is disposed of.
The United States Department of
Agriculture furnishes plans and bills or
materials for rat-proof granaries, and In
Its Farmers' Bulletin 396 described vari
ous methods of destroying rats and mice.
These publications may be had free on
application.
PLANS TO EXPORT PURE
BRED STOCK.
To work out plans for increasing the
exportation of pure-bred breeding stock
from Mie United Btates to South America
David Harrell and H. P. Morgan, of tho
Buroau of Markets, will go to South
America as representatives of the Unit
ed States Department of Agriculture
They recently conferred in Chicago with
secretaries of various breeding asso>'ia ■■
tlone. Secretaries representing all
breeds of hogs and all but two of cat
tle attended. Ways and means of stimu
lating Interest among South American
stock miners in Importations of pure
bred stock from thin country were dis
cussed. It was planned to send a *b'P*
ment. of hogs to South American live
stock shows. This Plan, it l« believed,
la one of the best wavs of introducing to
South American stock raisers the n««J
11v of animals now being grown in the
United States.
TICK FIGHT HOTTEST
NEXT MONTH. w wi _ . ..
Next month, July, probably will be the
blggvst month of the yegr in tho cam
paign to drive the cattle fever tick from
the South. Past July# always have
marked the apex of the season’s work, at
least so fnr as the number of cattle “dip
ped” 1s concerned, add the tlek-eradlca
lion forevn of tho TTnltod State* I'epart
mont of Agrlmlturs and th*> coopomllns
Ktato sniifln nro lining up to proven!
a iiolld front to the oattlo parawite. New
records for Mnrrii pud April “dipplnae'
wore Bet this year, and it In believed that
May, alno. went "over the top.’" although
complete reporte have not yet been tab
ulated. Report* from tbe field indicate
that thin June will prove to have hoen
the bltHtent June In the antittr.k enm
palrn. Workln* up to thle citnm*. the
tick-eradication fnrcee arc working to
make It the bent July on record. After
July there may be a decreaae In the total
number of dippings, but It le eeaenllnl
that the work be kept up throughout tho
aetuton to' foil the reproductive powers
of the tick, which are so marked that n
few of the paraaitee are capable of pro
ducing a million, within a fe" month*.
According to the report* n-acldnk the
United States L>cpnrtinnnt of Agriculture
public sei tlmamt everywhere, among the
general public and buelneas men ns well
an among farmers and Uvc stock owners
Is awakening fully to the necessity of
riddling the South from the Insect enemy
that hail Impeded the proper develop
ment of cattle raising and dairying In
this section of the country.
TABLE NECESSITIES AND
THEIR PRICES.
Flour, salf-rislng, 24-lb sack. $ 1.75
Flour, plain, 24-lb. hack 1.75
Meal, peck 60
Grits, pf'ok 70
Rrst rice, pouiut 12
Pure lord, pound 40
Coffee, beet grades, pound ...40 to .GO
Tea, beat grades 80 to 1.00
Putter, per pound .66
Oleomargarine, pound 40
Frosh yard eggs, dossn 66 and CO
American cheese, pound 40
Tomatoes. No. 2. can 10
Bugar-cured hams, pound 3N
Strip breakfast bacon, pound 40
Daily Fashion
Hint
Prtpmd Etpttfally For This I
Ntmpaptr !
W* pr jkflk'
9ML
UNTUBUAJ, DUBI ON IN SATIN.
A graeefal mo«i«l for drevay wear
fa thie dark blue satin with draped
eklrt and bleuse with Jabot collar.
The eklrt la- gathered to tha blousa
under a cruahad girdle of aelf ma
terlal trimmed with fancy rib*.on
Flare caffe flnleh the long, narrow
aleevea. In medium elze the deelgn
ealte for alx yards 40-lneh eatln.
Pictorial Review Drrse No *153.;
Biz'-*, 34 to 44 inebea buiL Price, 25
cento, j
Green peppers, dozen 20
Beats, bunch 10
Onibfes, bunch Bcand .10
Cuctiinur rs, dozen .25c and .30
Swine beans, quari 5c and .10
Tomatoes, quart 15
Also (pound) 15
Squgah. dozer and .30
Etfsplanta, each 6c to .15
Lima beans, quart 50
Green corn, dozen 50c
Cantaloupes, each 5c to .15
Peaches, dozen 10c to .35
Blackberries, quart 10
Dewberries, quart .15
1 SOY BEANS PROFITABLE FEEDING CROP
AND ALSO INCREASE SOIL FERTILITY
—■—— I —»o«W—omrPooMHW^rOs«^rit» —— *• i ■hi—n »ii , ji.u———u
Soy Beans Are Well Adapted to Cultivation in Rows.
(Ib-cpared by the United States
ment of Agrtculture.)
The soy bean can be utilized to ad
vantage as pasture for all kinds of
stock, the most profitable method, per
haps, being to pasture with hogs, sup
plementing the corn ration. This is
especially desirable when the harvest
ing ls fflterfered with by had weather,
1 luck of labor, or other causes, and
when the crop is grown for soli im
provement. In this'way the crop is
profitable not only from the stand
point of feeding value, but also in the
! Increase of soil fertility due to (lie
manure and refuse vines, blogs great
ly relish the bean plant, especially
the ripening pods and seed, and a
considerable part of the growth of
young hogs may be made with soy
bean pasture. Animals ready for fat
tening may he fitted for market much
more rapidly If soy beans ore used
to supplement the corn ration.
Test in Alabama.
In pasturage experiments conduct
ed at the Alabama agricultural ex
periment station soy beans, peanuts,
chufas, and sorghum were compared
as pasturage for hogs. It was found
that when corn alone was fed, 100
pounds of pork cost s’7.c>;t; when fed
a two-thirds ration of corn and pas
tured on cluifas In addition, 100
pounds of pork cost ; on sorghum,
I $7.70; on peanuts, s.'’.‘2o; and on soy
beans, $2.74. Tho average gain of
the pigs each day on the soy-benn
pasture was 1.02 pounds, on the pea
nut pasture 1.01 pounds, on the ehufa
pasture 0.72 pound, and on the sor
ghum pasture 0.37 pound. ' The same
station reports three years’ work In
feeding 103 hogs to determine the
i value of soy-bean pasture as compared
with other feeds, the most profitable
I quantity of com un a supplement, and
the effect of the soy-bean forage on
tho quality of the pork. It wus found
that when corn was used alone the
j average dally gain for each hog was
;0.375 potmd, at a cost of 7.61 cents.
!Wheu soy-bean pasture was grazed
with u one-fourth, one-half, and three
fourths ration of corn the average
dally gains were raised to 1.102", 1.000,
und 1.320 pounds, respectively, and
the cost, of pork reduced to 2.90, B.HO,
and 3.17 cents, respectively. One acre
of soy-bean pasture afforded grazing
ifor 10 hogs for 82 dnys with a one
ifourth ratlou of corn, 48 days with a
’one-half ration, and 02 days with a
| three-fourths ration of com. The
NEWS SERVICES OF
! BUREAU OF MARKETS
i .
Depended Upon by Many Produc
ers, Distributors and Others.
Information Scattered to All Sections
of Country Over Practically 14,000
Mile* of Leased Wires—
How It Works.
OPrepiared by Ui« United BUtaa Depart,
ment of Agriculture.)
Muriy producers, dl.itrlbutors and
othors have come to depend on tho
market news services of the bureau
of murkets and to make leu* use of
commercial prlce-fjuotliiK agencies,
which are not able to furnish data so
Tellable, accurate, prompt and compre
hensive, Recording to the annual re
port of the secretory of agriculture.
The market news servlres were
greatly enlarged Id the finenl year 19IH
until branch oflbex numbered approxi
mately ninety. They were distribut
ing market Information to all sections
of the country over practically 14,001)
miles of leased wires.
The news service on fruits and veg
etables was made continuous through
out the year for the lirst time since
it was instituted. Jteports were Issued
in season covering approximately I U
commodities and indicating dally car
loud shipments, the shipping prices In
the particular markets throughout the
country, and other shipping point
facts. Temporary held stations were
operated at 82 points in two produc
ing sections, morp than twice as many
as in the preceding year.
The news service on live, stock snd
meats was extended to Include addi
tional Important live stock and meat
mnrkottng centers and producing dis
tricts. New features to make tho
service more useful to producer* in
the trade were .add ’d. The dolly re
ports on meat, conditions, which for
merly gave information on the de
mand, supplies and wholesale prices
of western Ureie.ed freed meats in
four of tho most important western
markets, nfrw cover is;. Angeles, Kan
JPrencisco and Pittsburgh also." As o
HUpp-eme. to th< dally reports a
Weekly review la published. The dally
tclegrnpklc report on live stock ship
ments west of the Allegheny moun
Lemons, dozen 30
Okra, quart ...> 25
Orean cabbages, each 5c to .15
Bananas, dozen 35c to .49
Carrots, bunch 05
Could Probably Go.
"She seems a timid, flowerlike girl."
‘’Well.”
"Do you think her mother would al
low her to go to the theater without a
chaperon?"
“Why, I think so, my bony. She
drove a supply wagon in France druing
the war.” —Louisville Courier-Journal.
total vnlue of pork produced on each
acre of soy-benn pasture varied from
$25.84 to $39.13.
Kentucky Experiment.
The Kentucky agricultural experi
ment station. In a series of experi
ments wilh soy bean pasture for hogs,
found that it was not profitable to hog
down soy beans (grain) uuless a sup
plementary feed is given. The resulis
allowed, however, that It was highly
profitable to hog down soy beans If a
supplementary feed, such ns corn, is
given. The lot of hogs receiving 2
per cent of Its weight, in cornmeal
dally produced 825 pounds of pork to
the acre, at a cost of $4.54 per hun
dred pounds of gain. An acre of soy
beans hogged off with a supplementary
feed of corn produced feed for 10
hogs for 21 dnys and for 20 hogs for
nu additional 21 days. An acre of soy
beans with no corn fed the hogs pro
duced feed for 10 hogs for 21 days
and for 15 hogs for ay additional 14
(lays.
Various methods of seeding aro
used when the soy bean Is to he util
ized for pasture purposes. In tho
Southern stntes, especially North
Carolina, where a considerable acre
age Is used for hog pasture, from one
and a half to two btißhels of seed
are sown broadcast at the Inst work
ing of the corn. The hogs are turned
In when the seed is fully mature.
Com and soy henns are sometimes
grown together and pastured down, as
Is often done with corn, or the two
crops may be planted in alternate
rows. For young hogs the beaus are
often planted alone. Soy-bean pas
ture may b<- supjilled for a period of
several weeks by planting enrly, medi
um, anil lnle varieties. Kurly matur
ing varieties may he sown after small
grains and make sufficient growth to
supply considerable feed In the fall.
Soy beans may he pastured at any
time from the stage when the pods
nre one-half filled until the benns aro
mature.
When hogs have been pnstured on
soy benns alone there is a tendency
for the lard to become soft. This may
he overcome very materially by feed
ing the hogs on a grain ration after
taking them from the pasture. The
feeding of corn alone for four or five
weeks has ’produced firm lard, whll#
corn and cottonseed meal used tn the
proportion of three parts of com to
one part, of cottonseed meal has given
the best results.
tains was extended to Include nil live
ntoek loaded on rullroads throughout
the United Stntes. Information re
garding the “In” and “out" movement
in certain feeding districts is being
published.
The department took over on Jun#
J, 1918, the furnishing of all tele
graphic market reports distributed
dally from the Chicago Union stock
yards on live-stock receipts and
prices, not only those regularly, seat
over tho leased wire of the bureau of
markets, but all reports used by com
mercial news agencies and press ns*
nods lions. The substitution of a gov
eminent report for the previous un
oflltlni services has exerted a material
influence In restoring confidence in tho
reports of market conditions, the lack
of which has been a fundamental ob
stacle to the development of tho
Block Industry.
The news service on dairy and poul
try products giver itrlceg of butter,
eggs and cheese, trade conditions,
market receipts, storage moveroeat
mid supplies In storage and In the
bands of wholesalers and Jobbers,
filnee the fail of 1017 it has covered
Washington, Boston, New York, Phila
delphia, Chicago, Minneapolis and
Kan Francisco. Data wore secured
♦•ell month from approximately 14,000
dairy manufacturing plants In tho
United States, showing the quantities
produced of such products ns whty.
process butter, oleomargarine, chcevf
of different kinds, condensed inS
evaporated milk, various classes of
powdered milk, casein and milk auger.
MILLION IN ORGANIZATIONS
Through These Aasociations Farmer*
Now In Cloao Touch With Fore*
of Trained Men.
fPr«par.d by the Unltsd Mates Depart
ment of Agriculture.)
At present more than 1,000,000
farmers ore members of organisations
tisslailng the county agent In his
work. Through these organisation!)
the American farmer and his family
are now in close personal touch with
u large corps of well-trained men and
■ women so linked with fctlcra’ and
state Institutions for the promotion of
agriculture that fanning poopt* can
readily avail themselves of the remit*
of i clentlfic research and practical ex
perience tt« world over to aid them la
their work on the farm and their ill*
in the home.
4*
s I
FIVE