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Newspaper
Athens Banner
Location
Athens, Georgia, United States of America
Date
Aug 25, 1922
Page
5
Fragmentary weather notes indicate unsettled conditions with likely showers and possible thunderstorms tonight into Friday. Temperature changes appear minor with partial clearing in places, and local showers expected across Mississippi and Kentucky with warm tendencies.
The report covers New York stock quotes, bullion and silver prices, market bells, and call money rates. It lists last prices for Allied Chemical, American Can, General Electric, General Motors, and many others, with various bid and offer figures and foreign exchange rates for Great Britain, France, Italy, Belgium, Germany, and more. The data reflect a mixed, active trading day with easer foreign exchange and varied stock movements.
Chicago cash markets show mixed fortunes with hogs and cattle varying in demand. Beef steer strength contrasts with lighter weights, while hogs and sheep receipts trend higher as market activity fluctuates and rail stocks drift. Wall Street notes rail and rubber weakness amid dividend chatter and new stock issues.
Steady to weak tone with opening top bids listed for native and packer categories. Natives quoted 13.00 to city butchers, 12.85 to packers, with quality culls around 9.00. Fat and feeder lambs show varied values, good yearling wethers around 10.00, best feeding lambs near 12.75, and ewes in the 4.00 to 5.00 range.
Quotations from Atlanta offices show Empire Gas and Fuel and Cities Service listed with preferred and common stocks. Raw and refined sugar prices stagnate while Tobacco Products Corp declares a 1 334 percent quarterly dividend boost. Naval stores in Savannah report turpentine and rosin activity, with live poultry and potatoes noted in New York and Chicago markets.
Robert B K Bogart and Sam Shockley were in U S deputy marshals custody on charges as ringleaders in a Monday attack by a white mob on ten black Southern Railway workers. Etheridge Hopkins was shot during the disturbance and was reported in critical condition. More arrests were expected.
Dr Lee Ben Clarke aged 64 died at his Atlanta home after five weeks of illness following a stroke. A renowned author on medical research, he was a prominent southern physician and pioneered the Blandu' r treatment for defective children.
The market opened mixed with slight declines on futures and hedging selling amid weak foreign exchange and labor worries. Prices fluctuated around late-day levels with December about 22.23 to 22.62, while spot cotton in New York and New Orleans showed quiet to steady movements and cash values near 22.70 for middling.
The Sioux City trades and labor assembly unanimously approved a resolution urging the American Federation of Labor executive council to call a nationwide strike. The document was broadcast nationwide with a letter asking central labor bodies to endorse the resolution and send it to national officers.
Boston AP report notes the Franco American duo of Jean Borotra and N W Niles begin strong but slip behind in the national lawn tennis championship as the Witt recond and Washburn pair gain early advantage posing a tough challenge for the American Davies lineup.
Thursday Borotra and Niles surged past the seeded American team in a surprising win finishing 6-3 in the first set and clinching the second 7-5 to claim the doubles title.
Gov Hardwick signs the Brant-Te y bill creating the Georgia Public Service Commission. The new body retains the same members as the former Railroad Commission, gains powers and doubles its budget to 70000, and assumes oversight of motor buses jitneys railroads and public utilities statewide. Judge E J Reagan named Peoples’ attorney to represent the public before the commission.
Blanton Fortson announces his candidacy to succeed himself as Judge of the Superior Court in the Western Circuit, subject to the Democratic Primary. The notice marks his intention to continue in office.
A candidate from Georgia declares for Congress in the 3rd District under the Democratic Primary. He vows to advance a practical agriculture program, improve rural and business conditions, secure fair cotton prices, and devote energy to farmers' prosperity, urging voter support in the 68th Congress.
A garbled textsummary indicates several residents including H GRIFFETH ML HODGSON and W WHITE announcing candidacies for Clarke County Georgia county commissioner in the Democratic primary. The legible portions show intent to seek the office subject to primary action.
Frank A. Holden announces candidacy for the Legislature from Clarke County, subject to the Democratic Primary of September 13, 1923. July 38, 1922 notice to the people of Clarke County regarding the election and support.
The candidacy of O H Arnold Jr is announced for Clarke County Roads and Revenue Commissioner subject to the Democratic primary on September 13. Friends of Mr Arnold note his promise to serve if elected and appeal for county voters support despite limited campaigning.
In Michigan the 1919 syndicalism statute will be invoked for the first time in a case docketing seventeen alleged communists near Bridgeman for arraignment. Extradition would be sought for William Foster, a former steel strike leader, as part of a raid that targeted a Bridgeman meeting with several suspects fleeing once warned.
Paris dispatch reports Ignacy Paderewski, not Selpele, in Berlin, having received an invitation from the French government to Paris to discuss how Austria may be helped out of its present difficulties. France fears a possible union between Austria and Germany.
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