Southern Cotton Holding Company Organized in Atlanta
Business men of Atlanta form the Southern Cotton Holding Company with initial capital of 1 million dollars, plans to raise to 10 million, seeking a charter next week. Harvie Jordan is named president and E Toole secretary treasurer. cotton stored in bonded warehouses to support farmers through reduced acreage and diversified crops for 1915.
MENTIONED IN THIS ARTICLE
Harvie Jordan
E. Toole
Southern Cotton Holding Company
Europe
Ince
United States
Russia
Warren H Toole
First National Bank
Winder
Federal Reserve Bank
S C@ Calloway
Southern Trust Company
I T
Tian
J. E. Toole
City Schools Move to Double Sessions and More Classrooms
The Education Board votes to run double sessions in 24 classrooms to ease crowding and adds 27 classrooms citywide due to new pupil limits. Teachers will receive a 25 percent overtime pay increase after overriding reluctance to fund extras. About 25,000 post cards will inform parents of school assignments.
MENTIONED IN THIS ARTICLE
Board of Education
William M Slaten
Dan W Green
Constitution Want Ads Promote Fast Help Across Jobs
The Constitution advertises its want ads as a quick, inexpensive way to recruit competent workers across all classes, from factory workers to cooks and maids. It emphasizes broad reach and reliable results backed by the paper’s prestige. Telephone numbers Atlanta 5600 and 5001 are provided.
MENTIONED IN THIS ARTICLE
Constitution
Senators Push Currency Reform to Aid Farmers and Banks
Senator Heke Smith urged amendments to the currency law to ease money for farmers marketing cotton and grain, proposing nominal bank profits and 75 percent loan value on warehoused crops. He defended against inflation fears while noting bankers met with McAdoo and the Fed.
MENTIONED IN THIS ARTICLE
W. John Corrigan
Washington
Heke Smith
Senate
United States
Smith
F Am
Atlanta
Wornhead
Congress
Vreeland-Aldrich Act
Half Million Britons Soon in Arms Campaign Calls Lift Recruitment
London September 4 events in northern France and Premier Asquiths campaign have spurred mass recruitment. Lord Kitchener may soon raise half a million men. Rugby football and other sports have canceled games as players join the colors. Salvation Army members also volunteer for service. Asquith appeals for increased British land forces at Guild Hall stressing empire in a bloody arbitration of might versus right and urging all able bodied Britons of military age to join the colors. He notes the navy already bears the burden and pledges a secure open sea for British and neutral trade by eradicating German cruisers. The navy is trusted to guard shores against invasion while seeking open combat when possible.
MENTIONED IN THIS ARTICLE
London
France
Asquith
Lord Kitchener
Association of Rugby Football Organizations
Army
Navy
Salvation Army Corps
Red Cross
Angults
Guild Hall
Empire
Germany
Senator Calls for Lower Loan Rates Amid Tax Hike Debate
The discussion centers on steep tax increases and banking limits with senators urging rate relief. Proposals include lowering tax fifth and loan terms, while Senator Overman proposes a 1 percent loan to farmers and Senator Owen defers rate control to state usury laws.
MENTIONED IN THIS ARTICLE
Lang
Senate
Overman
North Carolina
Owen
Oklahoma
Banking and Currency Committee
Reserve Banks to Open October First in New Currency System
Washington announces after all day meeting with clearing house delegates that twelve Federal Reserve banks will be organized and ready to do business within six weeks, with operation anticipated around October 1. No class C directors named yet. foreign and domestic exchange plans to be formulated.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
Europe
Tressury Department
Reserve Board
Conference Exchange Committee
I & Forgan
First National Bank of Chicago
Chaiman
BF. Strong
Bankers Trust Company
New York
St. Rue
Philadelphia
Sol Wexler
New Orelans
T. B Beale
Boston
French money transfer to New York draws heavy flow
Heavy transfers of French money to New York are under way for several reasons including moderate interest in current accounts withdrawable at any time, a privilege not common in major European markets. The exchange rate is seen as likely to adjust to any international market changes, making French cash in the United States appear safer than in Europe.
MENTIONED IN THIS ARTICLE
New York
United States
Europe
Allied Forces Repulse German Wings Near St Quentin
Unofficial reports claim the German right wing was checked and forced to retire toward St Quentin on the Somme, while the left wing was also checked. British and French statements deny changes in the front as Russian troops, estimated at 70,000 to 89,000, arrive in France to aid the Allies. A German torpedo boat destroyer force is said to reach Kiel damaged with others sunk near the Kiel canal. Also noted: Lemberg in Galicia captured, Austrian remnant deemed nonvalent, Bulgarian neutrality, and a German plane reportedly shot down near Paris.
MENTIONED IN THIS ARTICLE
St. Quentin
Somme
Laon
New York
France
London
Alest
Termonde
Belgium
North Sea
Kiel
Kiel Canal
Helgoland
Lemberg
Galicia
Nicholas
Austria-Hungary
Greece
Bulgaria
Paris
Russians rout Austrians near Tomazow in war dispatch
A Rome based exchange telegraph dispatch from Petrograd reports the Russians have completely routed Austrian forces near Tomazow with two Austrian generals among the dead.
MENTIONED IN THIS ARTICLE
London
Exchange Telegraph Company
Rome
Petrograd
Tomazow
Russians Reported Landing Troops in France via Britain
London dispatches claim over 80 000 Russian troops were moved from Liverpool to France by sea, using northern routes through Scotland and the Baltic mines cited as obstacles. Corroboration surfaced in New York with passenger testimony of troop movements from England and Scotland, as continued reports unfold on page two.
MENTIONED IN THIS ARTICLE
London
Heporta
England
France
Mauretania
New York
Russa
Scotland
Daniel Eliott
Newark
N. J
Cedric
Also Mentioned on This Page
Japan
New Corporation
Buble
South
Education Board
Victor Innes
Wile
Innes
Beatrice Nelms
Elois Nelms Dennis
San Antonio
Eugene
Oregon
Ireserve
Federal Board
Clearing House
St. Petersburg