Newspaper Page Text
SIX
COTTON AND
GRAIN
AUGUSTA WEATHER
iforeeaM till * a. m. tomorrow.)
Aug :»ta and vicinity: I'artly cloudy
tonight and Wednesday.
Georgia: Partly cloudy tonight Ana
Wednesday; probably shows!» near
the coast.
Weather Condition*.
Showers over the South were much
leys numerous during the past 24
hours, occurring chiefly in central and
eastern Texas, where they were quite
general but mostly light. In other
portions of the country the weatnei
*M generally fair.
Seaaonatjle temi'tralure prevail..
Weather Data
lliglir«t tomporatuif yrMardajr, »•!
dogreva; lowed tempirature thia
morning. 72 dgrtoa ,
Rlvvr stage at a a m . 9. ft.
M 04.11 14,night: Seta 12:42 a. m , IJIH.
RatLtlv# humidity ye»t*rday: s a.
m . 72; 12:30 p m., 40; Hp. m .«
E. I). EMIOH.
O ___ O
I AUGUST A SPOTS J 1 -*® I
I THIS DAY LAST WEEK 11.00 ,
| THIS DAY LAST YEAR. ..41.00 I
AUGUSTA COTTON
# Clot*
Middling fair }}•?![
Strict good middling JJ’jJ i
Strict middling }f*S
Strict good middling
Low middling jJ-Z?
Strict good ordinary J ‘J
Good ordinary ®
% yjCLLOW TINCJBB—
Tltrkt Howl middling I*' l^
Uwhl middling J* L’„
Strict middling 5"
Middling
Strict low mlddllruf *""
Low middling 76(1
YEWXIW HTAINB—
middling •[ I"
Strict middling 5-ZJ
Middling 7 uu
BLUE ST A INS
Good middling
Strict middling J**}
Middling 1 ib
RECEIPTS - AND SALES
Lant This Ship
year week Sale* roenta
S*iurdiy .... 40S 444 67h 2074
Monday . ... 291 258 245 1750
Tuesday 321 *O7 770 1100
AUGUSTA DAILY
RECEIPTS
Last
year Today Todata
Net receipts.... .121 607 340,364
-Thru cotton .. - 1 ft. 550
Gretna receipta.. 321 007 369,914
COMPARATIVE FIGURES
Receipta from August lat, 1920
July 12th. 1921 359,914
Receipta from Auguat lat, 1919
July 13th. 1920 569.503
Stock In AuguatA July 12. 1921 106.467
HI ock In AuguatA July 13, 1920 70. Lift I
Middling thia day laat year 41 oft
weekly" crop
• MOVEMENT
1921
Receipta 60.163
Shipments 112.6HH
Stock 1.240,364
Crop In eight 135,636
Game In night 11,077,001
Visible supply 6,419.913
Augusta Markets
STOCKS AND BONDS
(Corrected t>> T. L> Cany end < ’o.»
Hid A.Krd
Georgie M H flanking Co. ilfti l/uti
National Ka<l»ang» Hank 19 • 116
Merchant* flank . . ItiA
Cittern* end H..nthern ltank ..... .31 **<i
Clslon Batina* Hank . Ilk ——
Augukta Satina* Dank Its
Cette* Min-
Align*'* Ka« i*»ry 10 >u
Ra trpti**- Mauufai luring Co lot* 1-5
J.J4. IV Kina Aha Co iMtninon .. 14.»
Jno. i King .Mi* Co worirnJ... iui
tiraniteeille Mfa Co., .'»<•
Bible; At *11141*4-luring to 45 55
a ufuata and gat K«r Cu 75 •«
iiouthwaatf-rn l(«> Co 7a ai
FRUIT* AND PRODUCE
(Correct*d l»y Audtey Hill and Co.I
f reeh fruit*.
Orange* Uue*. fancy I 5 0U
tirapefrutl* 5 "0
Apple*, fancy Vs'lne»ap tmm 3 7.5
l/hliil'l f* • '' ’ 1 * ' •
fain jr. 3SO*. Ma*e> •• 11 00
it*- anaa. packed, pound *
VtOITABLIS
Caht ag*. per cruet* I 350
Turnip*. 110-it' *ack 250
I'oiaiiwa. per 150 it. »ack 125
Onion*. Teaaa, u*>«hmel crate* 250
l4ma hfSna. large .01
Lina bean*, lag-
VtGITAHLI ailD
Com. Yellow Pent f 573
" hit# Pent 275
Cane «eed. amt>er. buahel 1 5"
Cane aeed. orange l>u*hei ... l.'O
PROVISIONS
(Cerreclad by Murphay *ng Ce )
Fleur, fancy Wt patent |lo on
Flout, fancy, »c if r!»mg I v»
iWttmeai. Mmdtrl eacka 2|o
3-buehei *a> k* 105
White 'it*, per t<u»hrl 03
Horae feed, ratre gualtty per ton ..... 41 00
• token teed elUl Quality, per b>B .... 44 00
C S feed meet, prr i0n...... I'.’ Ud
It. S. t-* 1 Ur* l.'S 1
It. S P'Btee loti
Conierund lard . IS%
MlddUna*. per ion 4.. MOO
f BIOSTUf r».
kitted atnrk Nwt Km .... $42 00# 45 00
oat* No I pee Duane! 4.'
lorn Nu 1 prr buehel S 3
iu>. John*.-'!, per ton II
Day. Ni. i Tirti'Uhe. per t.ei ........... 12 "o
Hay, No i alfalfa per mu 14
Hat No 3 a'faifa per mo SV oo
Hh.rt* grey |<*r i 40 CO
ab'-ut, iiro* i, p U4> a*- '*u
gran, prr urn .... .. is <'»
Ckickes feed **. hod. per . t *SO
adalfa n«« al. per ion .. 4- no
Cottotieeed meat S |H , plf tor, 1. 00
ColtOtueed hull* pi ton IS 00
LIVESTOCK.
tCm rented by Auguaia Stock Tarda •
CATTLE - | it.* * w* »V
Caa.iM4.« ... I « l%i CALVES-
Ordinary . . 4 « 41*1 Cornu mi .... 5 t» •
Uood ..5 i« »<4 ordinary .... 7 4» S
fancy • m • % u«**i * * *
Ht»OB | Fancy t ts 10
Oar* Fed 75 to Ike t
State Bureau of Markets
I*l H'T* are th«ee which • t»olr»*l«'» are
iw»"H fob T«* irm* ai |* h»» net
Ur.luct bright «h»r*«-*. August*
fa•«««t (Miem. rtllua, (ruirJ per sit' J
ard rratat $ l 4#
ItlUi }>i>iatu*» N w No l ( ,>hhleais Wit . I£*
lrt*|l pMfal«*« New No. S OMNtfi, hhl* I**
« t’-l*a*e i*t«tß t-fated >. Im 111 10'
I
H.*.fa rim (wa» pound .w*
l»r.«o »>a i«a». puuitd a«
Krti ituaeii .it
Men* and iiait. povMi *•
R<h>i ts» puund II
Frtrr*. Ila i» 2 If*
Ptlifak. *. .*•
I «ifk«.*t |««>u»*d a
I'uumt t I'UHif | heat tfahit), pmiiul
I'Miittr laiuf nwAUiil Ih U
third fa|»i«le». |» ui <1 ••
I'ora imio . pe* '.*• u> ••■■fa I«*
t\*n N«> | iwhit*» t**far.l. hu ........ a.
4'orii N,. •; iwhnai •••fats! tniatif . l
•*«a«tua ha>. u* .. 24 fa#
U. S. GOVERNMENT
XKM YORK -Itllvrt) bonds closed.
2H# *6 40
KhM 4a 37 Id
Beooml la It 26
la! 4i* a 17.1 t
S*«-€>n«l 4 a 44 5*2
Third 4H *• 9690
Fourth ru* 17 04
Victory 3%a .. yi
Victory 4^* 34
Y trlil
Liberty l’.». 11*It 473
|H> lat 4a, 19l? 100
D lat 4l*a. 1947 I 1!
l*o tlMt 4<4a. 1942 4.26
IH> Ird 4V* a, ISC* .......... I*4
l*o 4th. 4* 4 *. 1933 I 40
IK> 3 1923 4 *0
' 4\» im in
NON! BUT TIETOTALER4 CAN
JOIN TMIt CMU9CM
I.ONl*v*N rfetntillißt la to h« ait
* *>■». nt'ui nm.H.oit to membm . |< of
thr flautist Church if tht Haptic
Aaaoriattoti of t '«# narvonthtr* ha* ita
«•' A resolution ha* been t»a*»»<l
en-bodvng thla propoul, amt alao
that a'i t'ubli. a»»» ahall be debarred
b'ffl membership
=Financial and Commercial News=
N. Y. COTTON
FUTURES
NKW ruHK —Th<* cotton r.orkct
vv.it* lower during Tuenday'a early
rAding. After the advance of nearly
(wo cents u pound from the low rec
ords of last month, there was n.i'ural
ly realising, while- some selling for a
reaction was probably encouraged by
prospects for clearing weather In the
southwest. July wan relatively easy
under scattering liquidation accom
panied by reports that 2J< notices had
been Ir u< d. and sold off to 12.32 or 2u j
points net lower. The general mar- i
kef opened steady at a decline of two I
points to an advance of four points i
with October *clling off to 13.00 short - i
ly after the call or 13 points net lower j
Liverpool was better than due again
Tuesday morning and reported n
continued good spot business.
Cotton futures opened steady:
July \ 12.60
October 13.65
January 13.66
March (bid) 13 63
Cotton closed steady.
High Low Close
July 12 60 12.15 12.16
October 13 17 12 80 12.85
December 13 56 13 24 13 28
January 13.66 13 26 13 27
March IS.t»3 13 44 13.45
NEW YORK SPOTS.
NKW YORK.—Spot cotton, quiet;
middling 12 40.
Liverpool Cotton
LIVERPOOL Spot cotton, good
business and prices hardening.
Good middling e 9.10
Fully middling 8.70
Middling I.So
Low middling 7.30
Good ordinary 9.16
Ordinary 5.40
Hales 15,000 hales, including 9.600
American Futures closed Irregular
and unsettled
July 8 ?«
October 8 69
1 ccemher 8.71
January 8.70
March 8.77
May 8.7:>
Cottonseed Oil
NKW YORK.—Cottonseed oil mar
ket closed easy.
Prime Hummer Yellow sß.3fi'&|B 76
Prime crude 7.25
July 8.36
August 8.85
September 8 90
October 8.97
November 8.77
December 8 81
February 8.81
Total sales 32,700.
LIVE STOCK MARKET
UNION BTOCK YARDS, t’hlcago.—-
The steady advance noted in the hog
market dining the last week or *•»
was checked Tuesday. Hellers had
• ' I I hold OVO! It "111 Mon-1. I>
Dig Kill#
claiming that prices for th« stuff on
the hf»4)f were too high compared
with taints (|uMed for the ready pro
duct. <‘a!f prices show file largest
gain of any branch of the livestock
Grade for the last w-eek flood demand
from ail sources brought top lots up
to $11.60 Tuesday.
Receipta of livestock at the local
yards were estimated at 7,000 cattle,
30,ftnft hogs 14.000 sheep and lambs
and 2,000 calves
Cattle.
All grade* of steers were strong to
26c higher Prime yearling heifers
weighing 789 pounds sold at $9 40
w hile steers a vet o King 1424 pounds
made $9 I’owa also were strong to
IS© tip, Whll# dinner.- and cutters
showed A similar gain. Good runner*
went at $2 26ft2 60. Bologna hulls
sold at $t 76CL6 60 on a market that j
was up 36c in many spots Bulk of
choice veal calve* sold nt and
trade was 606176 c higher.
Hogs
Light hog* sold a dime lower w-ltlle
heavy grades were down I6tf 25c from \
the average of the day before Top (
lots made $lO 10 with most of the good
hesvv butchers at $t.25(?!L85. Rough!
packing hogs sold down to $8 with !
good lots at $8.76177 8 90.
Bh#ep.
Tenths were weak to 25c lower. >
choice westerns went at sllsO. Ship- •
pers paid sl<» 50 for best natives while I
good lots wgQt to packers at slo®’-
10 25, Best light ewes made $6 Agen J
stock sol<J weak at 26c off.
IACKSONVILLI CATTLE SHEEP AND HOU ,
RECEIPTS.
JACKSONVILLE lit** Revelpta. light; |
pe«»«|ieet». *tca-lv
Choir* heavy $ 7 M>ifts * ft>
H.’uah hrary 5 «04 «on
l.tlhf ■ 7M* H 25
Mean 1
Light pig* 7 oot* kOO
cattle• Roelpl* light. |iri>s**«'t*. *e*k
Hterrt f J MUM 5 n«
i Hi s#o
Yearllna* - • $ M»# S»*
C<m* ,t....... .. 2 00(A son
v || siva I iW
t anner* $1 W
NEW YORK GRAIN MARKET
RECEIPTS
\r» YORK tattle 1 tegular
f I MM n M
I on# I(M>
fa •*• Lower
Wall $ # j
till
Hutieraatlh* . 4 55# 5 •«;
sherp a t lamtw lifrgi iar
Ht.-rp awe* inn# $N
u'roh* “ ! !!!!'* t «'••»* It at
li , » Sir* '»
I •«*-• •* weigh* I"*"
ll***y .. . ...... I" on
RuugU • 50# 700
Money and Exchange
Ni:\v YoHK Prime mercantile pa
rt i. c^omc.
Exchange. Meudy Sterling 40-da>
htUa anti i ointtterclal 30-day bill* on
banka 319 - commercial 60-day
btiN J6VH demand, 3b*. table*.
3 44 S
Franca, demand 773 cablet. 7 10.
Belgian, franca, demand 7 11; oa-
Idea. 7 43.
Guilder*. demand 31 32; cablea, 31 97
1 .'re demand 442 cablea 461
Mark*, demand 1 30. cables, 131
Greece demand 6.46: Sweden, de
mand 21 16 Norway, demand 13 65:
Argentine demand 29 60. Hr** Man,
demand 10 76 Montreal 12 7*16 per
cent discount.
Government bond** ate.idy
Time ydana. ateadv, 60 dap. 90 |
»Uya, *l* month* i per «*nt
I
Dairy Products
CHICAGO BUTTER COG AND
POULTRY RECEIPTS.
• 'Hit AGo -Butter, higher, cream
er* ftndv 12f123c. second* 29« i 32c
Kk> r unchanged
Poultry, alive. loner, fowl*, 24c;
broiler*. 25 ft 24<.
SAVANNAH naval stores.
MVANSAH. Ga Tup. nth . frm
6lV** receipt a, 440. ah pmeitt*. 226,
fate'k. 9.14 s
Hoeln firm, *ale«*. 1.047; reer pli,
4S*. »htpm> nt* 1*26 a took AS 514
Quote: B 1* F. F 43 3»*. G BAS. It
«3fS I 41 7 1 K «» M }« it S
f| : Wll ?3 60. \\ \V |6 26
JACKSONVILLE NAVAL STORES.
) JACKSONVILLE Fa Turpentine
firm 41 He! male* 39t receipt* 176,
j ahtnment*. none; stock. 21.112
Itf'aln. firm, sale* 1.10? receipt*,
j 1.411 s *htpmenU. 1.2*5 stock. 173.402.
BAR SILVER
NEW YORK Bat r 'vcr TVvne»tl<
W»,. foreign »*S, Mr.ten dollars,
«iS
i. 0. COTTUN
FUTURES
NEW ORLKANS.—Better Liverpool
priicK tlian due and «slea of 15,000
l/ale« on the spot ther* caused an ad
vance of two to ten points around the
opening of the cotton market iu-re
Tuesday, but when October reached
12.76, heavy realizing came from the
long side The market pr-dually iost
, ground and at the end of the first
i hour of business stood seven to 14
- points under the close of Monday, with
; (>4 tolic*r off to 12 56,
Toe cotton market opened quiet.
I July 12.05
October 12.76
'December 13.02
January 13.07
Men It 13 18
Realising on the long side continued
<iud in the face of a private bureau
report on conditions of 67 2 per cent of,
normal, against 70.0 a fortnight ago.
the market continued to sag. Toward
the close prices were 26 to 27 points
under the finals of Monday.
Cotton closed easy at net decline of
21 to 32 points.
Open High Low Close
July J 2.05 11 85 11.75 11.75
October 12.76 12.80 12.38 12.38
December ... 13.02 13.03 12.C7 12.68
January ... 13 07 13 07 11.77 12.77
March * 13.18 13.14 12.86 12.90
NEW ORLEANS SPOTS.
NKW ORLRANH.— Spot cotton
steady, and unchanged Hales on spot
638 bales; to arrive 1,305. Low mid
dling, 9.60, middling 11.76; good mid
dling ‘ 12.75 Receipts. 2,173; stock,
451.596.
STOCK EXCHANGE
QUOTATIONS
NKW YORK.—Foreign oils were
strong a* the opening of Tuesday’s
stoevk market in response to reporta
of President Harding’s disapproval of
thf proposed Import Hubs on raw and
refined products of that character.
Mexican and Pan-American Petro
leum scored early gains of three and
two points, respectively, General As
phalt rose Jy A and Atlantic Gulf ad
vanced V 4. Baldwin Locomotive. Har
vester. Studeb'ikor. Kndlcott-Johnson
and Famous Players also strengthened
substantially with Reading and
Northern Pacific. Th* only laggard
was Sears-Roebuck which fell half a
point.
Mexican Petro’eum and American
Sugar at extreme reactions of three
points, were the only features of the
sluggish mid-session. OtheK Indus
trials and specialties also gave way to
moderate pressure, Studehaker being
the only striking exception.
The closing was steady. Sales ap
proximated 360.000 shares.
!.a*t aai#; Midvale Steel... 23%'
Allle-Chitlm*™ D'i'MiiMiurl Pa<' IftV-
Am Dart Sugar... 27%'v V Central 70*41
Am Con . I’ft IN T. N H and H 17*41
Am Car MM Krv 1 J»'; i Norf And WfitiMl MV4I
Arn IC an«l L i»t 41 % I Northern Par.... 73
Am Int’l Corp . 34 |ln*lnrlMe Oil .. .. It*
Am D>rrim>» 52 Oklahoma Prod and
Am Mmt and R*f 3# I Ref t*H
Am Sugar tift V Can-Am Petro... 31*4
Am Sumatra Tnti 52 G'rnnaylvanfa .. . 51
Am TG ami TH. !02 7 n!People'• Gaa. ... 27*4
Am Woolen .. . (’•wVaiPbta and \V Va 1244
Anaconda C0p..,. 37 V 4 - Reading U(‘4
Atridaon 82*41 Rep Iron and Htl SRA<»
All. Ilulf • ii.l IV 1 -jh’a AR,.v,l lliiti-h. 41H
Itaidwin Dmomo.. 73Shell TYan* and
II and (1 3%5. Trading 20
Iteth Steel H . 43'*|SlnCalr Con OIL. 7.1 >4
Canadian Par . 1"3 7 *, K<»uthern Par .. 2"
- i'i Iwathe 88 ISnutlwrn IMS
Chandler Motor* 5«%JStd (Ml of NJ pf «ft 7 s
('hut an«l 4Hilo. 55 (Hludehaker Corp.. 7%
Cht. MU and Mt P .‘"VilTeim Copper 33%
Chi. R I ami par 3IU Te*a* C t > 22%
cm. II 1 and Par 82S!Tei ami Par 54%
tbligi Cupper ... 23 I Tub Product* . ..8
Coin Fu<l ami iTrana (Ml 119%
I .. ff Fnfcin Pic . 16'4
Corn Prndo4*t* .. «*.% f R Food Prod. 54%
( ru'll-'e 5dV» l‘ S Retail Slorea 45%
Cuha Cane Euaar. 7'* I .4 fnd Ad 4t
Erl* 1 H Rubber 74%
Gen Motor* II I' S Steel.. 4*»
Gen Kii'trlr . 125 %| Utah c-'pprr...'. . 41%
Gooodrlrh Co ."'%i W4-*tlnghoime Fde.* 41
(it Northern pfd •«» |W(lb* Overland... 7% I
Do ore Ctfa .. 28 I Pure (Ml V«
f lllnola Cen. 92% | A C 81
Invptratlon Cop 24 I Cura < -*la 23%
Int Mrr Mar pfd. 4 ,, *l(Julf Slate* Steel.. 3«%
Ini Paper .. t SAL 5%
Kennerott 4’op. 19% S M H and rlon. 35
Lull* ami Nadi II" dulled Fruit ... 154
Maxwell Motor* . . A\ V* ( aro ('hem. . . 25%
Me* Petroleum 99%-Am Tobarro 125%
Miami Copper 2"\ 1 Ant Zttir 8’ t
Middle State* (Ml. II iGeneral Aaphall .. 49%
New York Bonds
I S 2a, re| ...100 IK ansa* Cll# Sou I
l S 3*. .-oupon .190 j ref 5* 75%
L S 4*. rrg .104%! Lit and Myer* s*. 86 j
V S 4a. coupons , lft(%|L and Nun 4s 81
Panama *«. re« 74 IMo Kan and Tex |
Do 3*. coupon 74 j 1* 4* 6" |
I Ain Smt and Ref !M<< Tar gen 4»... 53%|
-
, Am Tel and Tel Norf and Weal
rt 111 97%) em r* 6* 102
Atchison ten 4* 76%! Nor Par 4* 75%
ACL lat .* 71% Penn gen 5* 84%
It and O e? ♦%* 68%| Reading gen 4a. .. 73%
D#IB Steel ref 5* 81 %' Republic Iron and
ten of Ga Con 5* 82 } Steel 5* ...... • 32%
(Vn leather s*. .. 89 Ist tout* and Kan
Cheat and Ohio I Fran adl 5* 66%
■ t 5* 11% S A I, adl 5a 26
Chi, Mil and St ! Sou Dell Tel 5a.. 81
I* re 4%- 6« | Sou R-.y nr 5a .. «5
( hi. R I and Par Hmt Rwv 5a BJ%
Ky ref 4a 66% Sou Rar gen 4* , .86
City <>f Pari* 6a 99% Te* and Par lat 5* 79
Colorado and Sou I I'nlon Par 4a..... 86
ref 4%« TJ%i l td Kingdom "f fit
Den ter and Ri-> I Brit and Ire 5%a. «5%
Ora'nle 4* 63%| C S Steel 5* "5
Di<m of Can 5* «6%i 5 a Caro Client 5a 9"%
brie pm 42%[Wabaah lat 5» . «4%
HI (>n ref 4* 7? '\s i!a<-n and Co
Do Mer Mar 6, 74%l re 6* ... 77%
COTTON MOVEMENT
New Or leant MlddUne 1175 rerelpta 1.744 ;
rip -rt a 1 I"" *alea 19< 2 alork 4.50 39.5
<te'eeatnii Middling 12 30. ret-el|«ta . 28*9"
.*'•-, 97* abvV 91? 9*o
Mobile Mwl litre 16 73. reregß*. $0" atnrk.
la (94
S*.*i r.ah Midilltna 1199. rrrelpta. I "65
• a'ea 50.3 atnrk Ml 45«
(*ha-'e»t t- Herrin** 63 at nek s(' 4"l
55 • mlttf'- n Receipt* 519 atork. 23 596
Te%*% I tty -st. H-k 13..319
N.wfn’k Mtddllne. II 63; receipt*. 1.217.
• a'ra 3«1 a!m*k S 9 49.3
haltin' re 51 »dM»’* 12 43
p, talon MtddDrg 12 33. receipta. 2*l; ex
|M*rU 1«" »»nck, 1" 206
, Phtladelnh'a R*.-I1S». 13" atnrk. 9 3*9
Nr« \n k Mi.ld! or 1 2 76} receipt*. 377.
I e»iv>rta 31" •fork 157 BXI
I Minor t**ri« S nek 2 ?09
I T.-tal * •■«• Hr- la 14 115; expofta. 3"
T.-»a! for «*eeH * Receipta 9« 971 : VX|W»ta.
I 4S !9(
Tot*’ for aeaann Receipta. 6 656.630 expert*.
5 159 97!
-
Cotton Goods
NKTV YORK -Oollnn were
steady Mondat with business Boeder
ate. •
Yarns were firmer with trade light.
I Pan ton raw *lk wag hither Reports
. from Calcutta said the Jute crop would
he- short, owing to a curtailment of
, acreage amounting to 27 per cent.
I l>res» good* were quiet.
OLD MAN IS FOBBED
PKNJA.Vt'OI.A Fla John Krnest.
f.t* s n a local ho*p 111 suffering from
a pistol wound In Ms left side and
i serious brills*-* about the head and
shoulders as the result of being beat
-1 rn ft unday nigh? by two thugs who
Sobbed b »n of his money, coat and
shoes and left h m lying In a burned
vet piece of land, twenty miles from
nore.
TWO KILLED BY TRAIN
FRBOKKIt'KSmT.U. V* Au.lr.y
i»*n. s and Wesley- Jefferson were
k'lled by an empress train near I,eland
Monday as they stepped front behind
t moving freight train on another
Jtra.k They were the sons of !la r rls
I Joite* and James J« ffersoit, of this
Ity •
WHA T ‘S IN A NAME.
i The * d t\t ' v rail their of-
I flees .* nt*! is* ltd s that "drawing
I'o ms would Is too suggestive -
j l ife.
THE AUGUSTA HERALD. AUGUSTA. GA.
Rails and Specialties Were Strong
t eatures In the Day’s Listless trading
Trading In Bonds Was Active, But the Trend Was
Somewhat Uncertain Weakness In Foreign Ex
change Had a Depressing Influence
NKW YORK —Movements of stock
in Monday’s listless market were
highly confusing.
Hharee with an extensive short In
tel est wera heavy or weak while other
issues manifested occasional strength
though easing at the close.
Thu lubber group as well as equip
ment.!, Hears. Roebuck, Famous Play
ers and Industrial Alcohol, were un
der constant pressure, los.ng two to
four points.
Oils, especially the foreign group,
were most erratic. Mexican Petroleum
rall.ed some five points from its early
reversal and closed at net gains of
3%.
Leading steels and motors, as well
as Baldwin Locomotive, American
Woolen and American .Sugar, rose one
to four points under short covering
GRAIN-PROVISION
QUOTATIONS
CHICAGO.—The wheat market was
up sharply. For the first time in
months the buying power showed
breadth and to keen observers it look
ed as though th« outside interest was
broader. A New York message to
the effect that Argentine interests
had taken 1.000,000 bushels of futures
In the Chicago market was looked up
on with interest but not generally
credited. The principal factor was
the discovery of black rust in an ad
vanced stage In North Dakota by B.
W. Snow, the local crop expert.
The trade has finally come to the
conclusion that the spr.ng wheat crop
will be seriously reduced and all in
dications point to a total wheat crop
not much better than last year with
reserves much smaller. Predictions
of $2.00 for December wnoat were
heard frequently Tuesday. The move
ment of winter wheat is on and cash
premiums were off Vic. Seaboard re
ported 280,000 bushels of wheat sold
to Belgium. Weather over Canada
wna more favorable and rains over
North Dakota and Minnesota will
p.mly relieve the situation.
Strength in corn was due to the ex
cessively high temperatures and the
dearth of moisture Reports of corn
firing in parts were heard. The corn
crop is In too perfect a condition to
come through whole and buying is
based on this belief. Shorts covered
freelv while the only selling was
against indemnities. Selling pressure
was light Cash corn basis was un
changed. Shipping demand was quiet.
Receipts were light.
Oats were firmer with other grains.
Unfavorable crop news inspired buy-*
ing and caused snort covering. Offer
ings werV moderate. Cash oats basis
was unchanged. Shipping demand
moderate.
Provisions were higher. Trade was
mainly In lard. Buying by cash in
terests was a factor. Small packers
sold on the upturn.
Wheat closed 4 1-4 to 6 cents high
er; July $1.25 a 1.24 3-4; September.
$1.24 1-2 a 1-4; December. $1.27 1-4
Corn, 2 1-4 to 3 cents higher; July,
64 5-8; September, 62 1-2 a 6-8; De
cember, 61 3-8 a 1-2. Oats. 1 1-8 to 2
cents up; July 37 1-2; September.
31* 1-2; December. 41 6-8. Pork dosed
unchanged, lard 5 to 7 1-2 cents high
er and ribs unchanged to 7 1-2 cents
up. Local cash sales were 15.000 bush
els of wheat. 14,000 bushels of corn
and 148.000 bushels of oats Vessel
room svaa chartered for 250,000 bush
els of corn to Buffalo and 100,000
bushels to the bay. Vessel for 1.000.
000 bushels of corn from Milwaukee
to Buffalo was also reported char
tered by local vessel men,
Wheat closed strong, 6%c to 6%c
net higher.
Corn dosed strong, 2i,4c to 3%r net
higher.
FUTURE CLOSING PRICES OF*
GRAIN AND PROVISIONS
WHEAT—
Open High Low Close
.... 118V* 124% 118% 124%
Dec 122 127 U 122 127
RIBS—
Sept 60% 62% 60% 62%,
Dec 59% 61% 59% 61%
LARD—
Sept .... 3844, 39% 38% 39%
Dec . .. 40\ 41% 40% 11%
PORK—
July 1870 1870 1840 IS4#
Sept . 18S0
'‘ATS—
Sept ... 1142 1162 1142 1147
Oct 1160 1167 1157 1160
CORN—
Sept ... 1090 1096 1090 1902
Oct 1090 1090 1085 1085
Chicago Cash Grain
CHICAGO.—Wheat—No 2 red.
91.3001.21*; No. hard $1.20.
Corn—No. 2. mixed. 62c; No. 2 yel
low. 62(h 63c.
Oats—No. 2 white, 50%037%c; No.
3 white. 33%(ft 34\c
Rye—No. 2 # $1.19; barley—6oo7sc.
Timothy *eod $1 500 C 00, clover seed
$13,000 19 00.
Pork, nominal; lard, $1127; ribs,
$10,370 11.37.
COTTON EXPORTS
FINANCING
New Policy Adopted to Assist
Cotton Exporters
NEW YORK —The War Finance
Corporation has adopted a new policy
for financing of export shipments of
cotton, Managing lhrector thigene
Meyer. Jr., announced Monday. Here- j
tofore. he said, advance* were made
to cotton exporters only on cotton
actually exported under def nit** con- !
tracts of sale. Following conferences
with cotton men and brokers Wash- I
Ington. New Orleans. Atlanta and New .
York, he said, the corporation will
no v consider applications for the fi
nancing of exportations of cotton on
any one of the following three plaits:
1- For prompt shipment aga nst de
fected payments.
2 For future shipments within *
reasonable time against either prompt
or deferred pa> aunts after arrival In
foreign countries.
3 For prompt shipment to ware
house* In foreign distribut ->n points
to be held there on iccount . t Am
erican exports and banker* for mar
keting out of walehouses.
A loan of five million dollars had
already been made to the Staple <‘ot
ton Co-operative Aestivation f Mem
phis which pledged «»ne hundred thou
and hales of long staple cotton as
security, he said* and agreed to ex
poit within one year sufficient to re
pay the full loan out of the proceeds
of exi*ort sale* The c-vt-.n will he
hehl »n American warehouses until
the time Is favorable for export.
The corporation, he said, stands
ready to assist other organisation* a*
well as ootton exporter-* and hanking
Institutions in the same w.i\ provided
the advances can be male upon a
sound business basis and the cor*
miration may I*** definite:’, assured
the a vances will be r. pvd fn in ex
port salea within one year.
JEKVLL AND MVDE
The 1 • glit side of a douMc life Is
• hat you get your natng m ths city
I Uectory twice—Liss.
rails were inclined to improve. The
whole list, however, reacted when call
money rose to 6 per cent in the final
hour.
Developments in international af
fairs probably would hav e exercised a
benef.cial influence but for the fur
ther collapse of foreign exchange.
The British rates fcdl nearly four cents
more and' continental bills dropped
five to 25 points.
Trading in bonds relatively exceed
ed dealings in the stock market but
the trend was r.o Das uncertain.
Liberty issues closed mostly at mod
erate losses and domestic industrials
and rails were irregular.
Jnternat.onala including war flota
tion.. displayed steadiness.
Total sales, par value. 12,750,U00.
Porto Rican Growers
Lose on Sugar Crop
Cost $6.00 Per Hundred
Pounds to Produce It.
SAN JUAN, P. R.—Efforts of sugar
producers and others to get together
in some concerted effort to relieve
the present depressed sugar situation
so far have failed.
R. Aboy Benitez, president of the
Sugar Producers’ Association, has
been in favor of the formation of a
selling committee, the holding of su
gars until better prices prevail, and
an ending of the practice of shipping
sugar to New York unsold to be Kick
ed about the market and finally pur
chased at any prices the refiners of
fer. Mr. Aboy Benitez is of the
opinion that unsold sugars in New
York have helped bring about the un
broken drop in all sugar prices during
the past few weeks *
While there are some other pro
ducers and others interested in the
sugar business who agree with Mr.
Aboy Benitez, there are apparently
a large number of interested parties
who are convinced that Porto Rico
sugars are too small a factor in the
situation to affect the market one way
01 the other. They say there arc 1,-
250,000 tons of sugar in Cuba ready for
shipment.
With the gradual winding up of the
grinding season in the island, it has
become apparent that there are more
than 200,000 tons of sugar here avail
able for shipment at a time when
prices’’ are lower than at any time
during a five-year period and mean
ing a loss on every oound of sugar
sold.
It is generally estimated that an
average cost of $6 per hundred pounds
for producing this year’s sugar crop
is conservative, and that any price
under that will mean a loss to most
of the producers in the island. The
crop is the most expensive ever har
vested In the island, and the low
prices which have prevailed have been
particularly hard on the actual cane
growers.
J. Ruiz Soler, secretary of the Su
gar Producers' Association, who has |
recently been in the states and who
sailed again on Wednesday, said that
he did not know what the future mar
ket was going to be. but that he was
opposed to any plan for holding sugars
w ith the hope of a better market later
on Conditions were too uncertain ror
the adoption of such a course, in his
opinion.
ITALIAN INVENTS
NEW TYPE AIRPLANE
Capable of Rising Without
Need of Large Field.
ROME.— An airplane capable of
landing without the need of a large
aviation field, able to rise without a
long run beforehand, able to travel
more than 300 miles an hour and. if
necessary, to meander along at but a
few miles an hour, is announced as
the invention of an Italian engineer.
Epaminonda Bertucoi, of Rom# 1 .
The inventor claims that he already
has tried out the machine on a small
scale and regards his first experiments
as indicative of the success of the in
vention. The new machine is primar
ily Intended for aerial war chasing
and is to be armed with a machine
gun. It Is a monoplane.
MAY FIGHT DEMPSEY
Washington Policeman Re
garded As Man For Job
NEW YORK—A Washington po
liceman was in New Y’ork Tuesday
seriously considering the. chances «*f
winning the world's he*.vrw«lfht
boxing championship from Jick
Dempsey. He is Henry Darnellle, 21
years old. the undefeated heavyweight
champion of the I’nited States navy
•iestroyer fleet during the war. hut
otherwise unknown in boxing circles.
Darnellle was pronounced by phy
sicians to be in perfect condition
physically, and his followers believe
that his build, which is very similar
to the present champion's together
■ with his natural, although undevelop
ed fightitiK ability have placed him
among those who can properly aspire
to defeat Dempsey. The Washingt. n
policeman won social fame on Four* 11
of July when he quelled a disturbance
in Cnritat Heights. With his hare
fists he knocked down every man in
a mob that rushed at him. and Wash
| ington newspapers numbered the cas
-1 ualties at about one hundred.
POLITICAL CONTROVERSY
PARALYZES ACTIVITIES
OF ANCIENT UNIVERSITY
LIMA Peru.—Scholastic activities
at San Marco* university, the oldest
educational institution in South Am
erica. have been virtually paralyzed
for more than two months a* a result
of a controversy, said to be largely
political, between the government and
the university.
The student body, numbering more
than I.OAO I* said to be divided in op
inion wrHh regard to the dispute which
became more acute late!> when the
government Issued a decree declaring
the university in process of reonrmnis*
atlon. and dismissed Doctor Zavler
Prado, the rector, and about 6G pro.
fessors who had taken an "unatith
oiixed recess '*
A virtual deadlock now exists be
tween the opposing elements The
difficulty Is »nld to have had its origin
in a lecture given at the utsiversltv In
l>r. Be aude, of the faculty of Inter
national law. ihoitl) afin lua icturn
ftom the United States. Am. ng other
thing* the speaker is alleged to have
attacked some of the government**
policies. The criticism wan resented
by groups In the audience and ths
meeting ended amid riotous scenes.
Gendaimex and the police Intervened
and dispersed the crowd after about
100 phots were fired and somefadam*
age done to property. Several per
sons were injured.
A group «*f professor* charged that
the sanctity of university thought
had been invaded" and refused to con
tlntte their duties
The univomit y council called a gen
eral assembly of profesors and stud
ent* to discuss the situation where
upon ths government intervened and
dismissed the rector and about 50
I striking professors.
ANOTHER BROAD
BUYING MOVE
IN BONDS
BY STUART P. WEST
(By Leased Wire to Augusta Herald)
NEW YORK. —There was another
broad buying movement in Tuesday’s
market, wtih no evidences that it was
aLout to culminate. The advance,
while not general, was sufficiently
pronounced in numerous parts of the
list to give color to the entire mar
ket. Again transactions were par
ticularly Igrge in the Hill road se
curities, which ar e comparative new
comers to the trading.
All three of these bonds —the Bur
lington and Quincy collateral 6%’s,
the Northern Pacific 7’s and the Great
Northe-i 7’s reached a new high of
99, ’uter easing off a bit from tli«. top.
The strength in these helped the
Pennsylvania 6V3 8. which were up
anothtr fraction to Missouri,
Kansas and Texas first 4’s got across
60 and sold up to 60%. On the other
hand, Southern Railway 5 s went
clownn % of a point to 81%, and .St.
Louis aifd San Francisco incomes
dropped below 54 again. St. Louis
anil San Francisco prior lien A's were
strong at 60% and the 6 per cent C
fends of the same company changed
ha. ds at 87. Other railway issues
were for the most part unchanged
After selling to 57, Cuba Cane Su
gar 7's rallied above 58. They w r ere
helped by the reports of a better de
mand for refined sugar, which it is
hoped, will show before long in the
market for raw sugar. Cuban-Am
erican Sugar B’s also (lid better, get
ting up from 97 to 97%.
Goodyear B's and Kelly Springfield
B's were a fraction higher and Pack
ard Motors B’s regained a small loss,
made earlier in the day, in the course
of the afternoon trading. Sinclair un
7%’s were rather short, getting down
to 91. Unite<i States Rubber 5 s
r.illie<l nearly a p<*nt to 78, but the
7 vVg were somewhat lower. Cerro
de” Pasco B’s Improved a half point
while American Smelting 5 s were off
a trifle, and so were the Westing
h°Changes in the United States war
group were very slightly. The sec .°f,''
4.4’s were down a few points, while
the third 4%’s were a hit higher.
City of Zurich B’s. continuing their
advance, sold up to 99. g.
crossed par again and the Belgian 8 s
were also a fraction higher There
were no new syndicate offerings of
any importance.
SENTIMENT ON
THE CURB IS
IMPROVED
(By LeaTed S w!£> R tT> Augusta Herald)
CcDvriaht. 1921, by Augusta Herald)
•CEW YORK—Sentiment was im
nroved on the curb market Tues-.
dav with a better feeling toward
gome of the so-called foreign oil com- (
panies, due to the dicapproval of the
import duty on oil voiced by Presi
dent Harding. For a time
start there was a tendenly to wait for
developments, but after the first half
hour buving orders tame into the
market from commission houses, as
a result of the higher prices which
prevailed at that time on the stock
exchange and some good upturns
were recorded. Traders followed the
outside buying and short covering
also aided. Recessions took place,
however in the late dealings.
Maracaibo was in fair demand an<l
rose a fraction with offerings limited
on the upturn and a firm tone "J}"
shown in Simms Petroleum, Skelly
Oil Producers and Refiners. Inter
national Petroleum. Elk Basin and
others. In some- quarters pressure was
still in evidence Salt Creek Produc
ing being in limited supply and work
ing low#, while Boone Oil was again
freely sold and touched Its recent
low point. In the Standard Oils the
Indiana shares were the active lead
ers and made a small advance.
Durant Motors continued the fea
ture of thte miscellaneous list. Buy
ing was said to he coming from
quarters close to the inside and the
stock touched a new high record du
ring the session. Glen Aluen Loai
was in somewhat better demand and
rose a fraction, but fell sharply lat
er. United Retail Candy. United Profit
Sharing and others held steady, hut
Philip Morris, after a gain in the early
dealings, met profit taking sales and
eased off. , . , „ .
Mining stoks were in fair demand
hut price changes were small.
Nipissing recovered after an easier
opening. , .. „
Moderate activity was shown in the
bond crowd, with the tone steady
The leaders were Southwest Bell is
Illinois Central 6 l-2s and Vacuum Oil
7s.
ADD WEST— UNDER D C HEAD
ON MARKET PAGE ia-e.ONwt
The foreign trade figures for June
hardly throw much light on this
highly important quarter of the fi
nancial situation. It does seeMi of
more significance that for the first
time since December the downward
movement in exports should have
been checked, but the increase of
$10,000,000 over May is scarcely
enough of a gain to bank too much
upon. The imports should have reach
ed a new low level—*lo.ooo.ooo under
those of May and $56.000,nn0 below
those of April—ls another measure of
the slackness in industry at home.
The export excess of $152,000,000 last
month as against $122,000,000 the
month previous, and only $58,000,000
two months before, offers a supple
mentary explanation for the course of
the exchange market.
It was the stupidest day of the year
in the stock dealings What impres
sion of scarcity in the floating sup
ply has been given by the early jump
in s< me of the speculative industrials,
was offset bv the total absence of any
desire io buy at the higher prices
reached under covering purchases.
The simple truth is that the market
<«hii he so easily moved two or three
point* whether up or down, that
these fluctuations have very little
meaning. They show alike the halt
upon real liquidation and the intense
reluctance of the general public to
come in on the buying side. There
was very littl nw* and nothing of
consequence in the way of fresh trade
reports. But it was fair to conclude
front President Harding's letter on
the oil tat iff that government offi
cials do not believe that the present
surfeit of 0.l supplies is going to last.
In their minds the serious problem
Is not the immediate over production,
but rather the need of providing
aga ns future shortage.
v all m ney went to 6 1-2 per cent
at the close.
MARKET GOSSIP
(Furnished by Doremrifc & Co.)
Liverpool Cab es.
Due one off to 3h higher, opened
x to leven higher. Midday, six to
nine higher. Spots seven up; mid
dling*. 8.20 d. Sale*. 10.000 American.
Grain Opinions.
Lnm*on: Trefer buying side on
breaks.
K H Leland: Believe purchase* of
wheat on fair setback* advisable. It
BARRETT & CO.
Cotton F*clor*
(Ineorpsratcd)
AUGUSTA, GA.
i ______J
ATLANTIC STATES
WAREHOUSE CO.
Capital $350,000 Actually Paid
In
John Phiniiy, Vie# Pres.
Hugh H. Saxon, Secretary
I-L ■ - J
Recent Speculative Seilers
Trying lo Exlracl Selves
From Doubtful Position
BY STEWART P. WEST
By Leased Wire to Augusta Herald
Copyright, 1921, By Augusta Herald
NEW YORK* —What little interest
there was in any of the markets
Tuesday was confined to the efforts
of recent speculative sellers for the
decline to extricate themselves from
a position which had ceased to look
promising. Covering of short con
tracts in some of the industrials,
which have lately been under the
hammer, was the main influence 7a
the stock market.
The same closing out of “bear”
operations was b factor in the
wheat market of the day, and it also
figured in another and quite un
looked-for quarter—namely, in the
market for German exchange. From
their low of 1.27 Monday, marks re
covered nearly ten points and the
only explanation apparent for this
upturn was that there had been too
much selling for short accounts un
der the impression that no rally
was possible while the German
banks continued to pour out new
paper currency issues.
On the stock exchange buying in
against short contracts carried
stocks like Harvester, Internation
al Paper, Sears Roebuck, Famous
* Players and American Sungar up
rapidly from 2 to 3 points. The
premium charged on some of these
and other shares for their use by
short sellers, had evidently inti
mated operators of this class.
Mexican Petroleum jumped four
points and other Mexican and South
will likely be difficult to stimulate
corn values to any degree. Oats ap
pear to be influenced entirely by ac
tion of corn.
Thomson McK.: There is no gain
saying in the fact that there are in
sufficient new interests in the market
to keep prices advanced. We con
sider the coarse grain markets as hav
ing merit.
Bartlett-Frazier: It is the time of
the year when we do not care to sail
corn.
Cotton Letter.
Liverpool 14 above parity: local
bankers ascribe decline in sterling to
pressure on grain and cotton bills,
and fact that England is apparently
not supporting the sterling market al
lowing it to seek its own level.
Scattered showers forecast for Oaro
linas. Georgia, Louisiana. Oklahoma,
and East Texas, other states fair.
Moderate business in local cloth
market Monday, prices steady. Cot
ton mills at Lancaster. S. C.. re-open
ed Southern spots 25 up; Dallas
Ift.9ft. Sales at eleven markets 14,000.
Prefer long side of cotton on soft
spots.
Stock Letter.
President Harding’s letter to Repre
sentative Fordney in which he con
demns the tariff on oil imports ought
to be favorably reflected in the so
called “foreign oil stocks" as the Pres
ident further says that the govern
ment is doing every consistent thing
to encourage participation of Ameri
cans in oil development in foreign
lands.
The selling since last week’s rally
apparently has brought back the
short interest to the usual large size,
and Monday night the borrowing de
mand for stock was lar*re, particular
ly for CRU.. A GW.. RU.. SK.. FM..
FRT T and American Sugar.
Rails remained qu*et but relatively
firmer than the. industrial list, and
we would suggest among others nur
chase of such Issues as New York
Central. Northern Pacif’c, Southern
Pacific. Rhode TsJend, Union Pacific
and Missouri Pacific.
Cottonseed Oil.
Crude, continues to advance, south
east seven cents bid. Valley 7V t ask
ed Texns 7 cents s.ales.
Still favor long side of market.
COTTON MILL
Re-OPENS
LANCASTER. S. C.— The Lancaster
Cotton Mills, one of the biggest tex
tile plants In the Carolinas. resumed
operation Monday having been shut
down several weeks ago by the man
agement to “avoid friction with the
textile union.”
About one half of the operatives
employed at the time the mill closed
It Happens Every Day
The Augusta Herald
Reorganization and Liquidation Sale
We are obliged to raise about ten thousand dollar* in the neat
ninety day* anil we are going to *ell our stuff at a sacrifice by
the yard a* well a* by the »ult. We are carrying an enormous slock
of fins foreign woolen*. And practically nothing doing. This will
ne an unu*ual opportunity to rea’ly s.-cure high class stuff for
a tittle money.
THE JOHN B. JONES COMPANY
THIRD FLOOR. MONTGOMERY BLDG, 714 BROAD BT.
' TUESDAY, JULY 12
STOCKS AND
BONDS
American oils two points or so on
the letter of PresMent Harding to
the chairman of the ways and
means commute?, asking that the
proposed tax on crude oils imports
be eliminated from the new tariff
bill. These gains all occurred in the
first honur. As soon as short cov
ering ceased, prices fell away agafff.
It was another exhibition of the
extremely narrow and professional
character of the present trading.
The call money renewal was
marked up from 5% to 6 per cent,
but it was so well understood that
this was due to temporary causes,
.that it had no effect upon the busi
ness of the day. This is the time of
the year when government is
getting ready to pay out large sums
under the appropriation act and in
consequence is calling heavily
upon its bank balances.
That there is no thought of any
real hardening of the money mar
ket is shown by the easier tenden
cy in commercial paper rates and
by the refusal of borrowers of
time money to bid more than 6 per
cent for this sort of accommoda
tion. A further indication of bank
ing judgment toward the future
course of money rates, is the action
of the bond market, and here there
were no signs Tuesday of any let
up in the buying movement which
began a week ago. New high prices
for the year were reached, especial
ly in some of the recent Issues like
thus of the Hill roads
went to work Monday, it was re
ported, and about half the number did
not return in the afternoon. It was
explained, however, that the manage
ment was not prepared to use a full
for<*e the first day, but proposed to
increase number from day to day.
No disorder or picketing was report
ed. It is understood that only former
employers of the comapny were among
those reporting for work.
FAULTY DISTRIBUTION
Credited With Agricultural
Depression
WASHINGTON, D. C.—Restriction
of credit, decreased demand from
European consumers and faultv dis
tributive methods were given Monday
oy witnesses before a special joint
commission of the house and senate
as the principal causes of agricultural
depression.
Decreased credit was ascribed by
C. S. Barrett, chairman of the Na
tional Board of farm organizations to
operations of the Federal Reserve sys
tem in conjunction with “those of
the steel, coal and money trusts.”
Mr. Barrett urged the commission to
inquire'into these operations and Into,
what he said was the declared asso
ciation with them of the United
States Chamber of Commerce.
Several witnesses proposed legisla
tion which would permit the use or
government funds, or of securities
based on government credit to financ e
farm exports.
A. O. Thomas, a statistician of the
National Board gave the committee
a number of instances of increases in
costs sustained by farm products as a
result jof the current methods of dis
tribution. Wheat for a bushel of
Tour. h»c said, was purchased from
the farmer for $5. from the miller for
$9 and from the retail gfocer for $25.
THANK LA FOLLETTE
MEXICO CITY. —International rela
tions were discussed at a secret session
of the Mexican senate Monday night.
The meeting continued until nuite
late, and during the proceedings there
was a vote of thanks to United
Senator LaFollette, of Wisconsin, for
having on July 6 introduced a resolu
tion protesting against military ac
tion agatnlt Mexico without express
authority of Congress.
Tom Spivins is a nice
young man.
He wants to rent a room
in some home not too far
away from his work.
Mrs. Smuggins has a
clean, comfortable room
for rent.
But she doesn't know
Tom Spivins.
So she brings a rental
ad to The Herald.
Tom reads the ad.
He Investigates. Says
the room Is “O. K.”
Mrs. Smuggins has in
creased her Income by
renting the room. Tom
Spivins has found a pleas
"ant place to live.
Herald Want Ads per
form this sort of service
for many people every
day.