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Newspaper
Atlanta Constitution
Location
Atlanta, Georgia, United States of America
Date
Sep 15, 1914
Page
3
Chicago markets tumble as corn loses about 2 1 3 to 2 7 3, oats drop 8 7 6 to 3 4, and wheat falls 6 1 4 to 3 1 4. Traders fear peace talks may end the war, while provisions vary and buyers remain active amid overall weakness in hogs and grain. New Orleans and New York reports show mixed cash and futures, with prices for rice, Honduran goods, and coffee reflecting cautious market sentiment.
Over the past 48 hours fair weather prevailed in central and eastern districts with scattered showers in parts of Oklahoma Alabama Alabama and Tennessee. Cool conditions persist in Alabama Georgia and the Carolinas. Bection Director von AICRRANK expresses ongoing regional weather outlook.
Movement data from plants on September 14 shows mixed receipts and stocks across ports including New Orleans Baltimore Boston Philadelphia and Savannah with totals for Georgia and interior movement. Notable figures include Houston Memphis and St Louis receipts and shipments along with overall totals for receipts exports and stock across regions.
New York and New Orleans dispatches report a syndicate forming to take over December cotton contracts in New York, with talks of clearing the straddle interest. Prices and terms discussed include 9 1/4 cents in New York and 6 1/2 pence Liverpool. rumors of by law adjustments for contract conformity also swirl. A New Orleans committee joins a buy a bale drive urging women to buy cotton as market moves toward reestablishing liquidity.
Census Bureau reports August cotton consumption at 334,205 bales excluding linters, down from 452,350 a year earlier. Twelve month totals reach 5,677,864 bales versus 6,482,321 last year. On hand in manufacturing 677,408 bales, independent warehouses 540,857. imports 27,087. spindles active 249,902. linters exported 885. twelve months exports 259,831 bales.
Washington reports August cotton exports dropped to 21,210 bales from 257,172 a year earlier. Britain bought 6,370 bales versus 124,? last year. Germany 52 versus 72,928. France 5 versus 52,933. Italy 1,646 versus 13,568. 1914 year-end supply tops 16,060,000 bales. exports 8,914,?. domestic use 6,577,864. stock about 1,524,465.
New York September 11 financial news reports a rise in gold exports to Canada and partial payment of New York City indebtedness to London and Paris. Large orders withdrawn from private market and a Ottawa shipment of five million dollars placed to the Bank of England, with more expected. International banking hints, a Berlin loan, and renewed demand for remittances eased market tones. Chicago hog and cattle receipts showed varied activity while grain and currency flows between London and Paris persisted.</s>
New York reports shipment of gold to Canada tied to New York City's $100 million loan financing. J P Morgan Co acting for the fiduciary ships $5,000,600 in coin to Crane for credit to the Bank of England. Naval Stores notes from Savannah list turpentine prices and warehouse receipts, while Chicago market notes show pork and lard prices and file quotes.
Washington September 14 A national market commission advocated by David Lubin director of the International Institute of Agriculture would organize states counties and localities for economic distribution of farm products. He urged the U S adopt Germany Austria and other systems to curb food trampling and create a national marketing system with presidentially appointed farmers and eminent men in commerce law finance and transportation.
Rome Georgia September 14 Special documents in Floyd County clerk court show the estate of the late G B Holder hopelessly tangled and insolvent. Holder longtime Floyd County figure and former representative in the legislature. His holdings were reputed at no less than 109000 dollars. Administrators named are T J Simpson Sprone Fouche and J H McNeill.
Cedartown Ga September 14 The Cedartown public schools opened this morning for the fall term with full attendance. Superintendent J E B Parks has an excellent corps of teachers and looks for one of the most successful years in the history of the district.
A dense list of canned goods, syrups, dairy, meats, and produce with prices in pounds and dollars. Items include Red Rock Syrup, Condensed and Evaporated Milk, Tuna and Salmon, and various flours and feeds. Market context notes wholesale price ranges and adjustments, with stock listings for beef, lamb, pork, and hogs.
Rome Georgia September 14 Special William Cherry a former man is under arrest in New Orleans on charges filed by M Halafield owner of Rome Bargain House who says Cherry while manager of the Cartersville branch stole goods and money totaling 1865 Cherry fled with his wife in a car and was captured after detectives traced a box of goods sent to him to Atlanta then Montgomery and finally New Orleans He claimed the goods were in the express office in New Orleans Motor vehicles are replacing horse drawn transport in parcel delivery in Scotch cities.
The Atlanta Real Estate board will meet today at noon at the Hotel Winc soft to hear committee reports on the cotton situation and the emergency currency plan. Lunch at 60 cents per member. Also listed are numerous property transfers and deeds in Northwest Atlanta with dates in April to September and various parcel details and loan deeds.
Jackson Georgia September 14 Special Very little cotton sells at present prices in Butts county. The pay-a-bale plan is being tried and is intriguing merchants. Ten cents a pound offered to customers on account has drawn interest as farmers harvest and prepare for a record grain crop while livestock and dairy gain attention. Emory College Oxford September 14 Special Professor Edward G Mackay pastor of Calhoun Methodist Church and former Druid Hills pastor has been elected to the chair of English at Birmingham College and accepted the post. Mackay, born in Ulster Ireland 1885, educated at Rosetta Academy Belfast and Emory, arrives with honors and as a prominent platform orator and writer. He is married to Beuland Mayson in 1911.
In Waycross Gap on September 14 Eugene Holcomb 9 son of Rev H R Holcomb suffered painful injuries when a bicycle was struck by a car driven by Dr Lee Howard. Emergency brakes prevented more serious harm and initial fears for the boy’s survival faded.
Cedartown Georgia September 14 Special Cotton coming into the city freely but selling is slow. The price being paid is eight cents a pound. Buyers not selling are storing in local warehouses.
Special report states Dr Plato Durham, dean of the new Methodist university in Atlanta, will lead opening exercises at Emory college on Wednesday at 10 o'clock in Allen Memorial Church. Ghaneshor Candler will speak on educational work east of the Mississippi, with faculty and trustees attending as Emory begins its correlation with the regional university.
Waycross Ga September 14 plans for a thorough search six miles south of Waycross for natural gas were announced with the arrival of carloads of machinery and a crew to bore a 3000 foot well. The $25000 contract is supervised by Lee Wilson of Louisiana. A 112 foot derrick is being erected and drilling should begin within a week. If no major problems arise the well should be completed in four to five months. Chicago millionaires back the venture with a small focal interest. A charter will be bought this week with paid in stock. The effort rests on a report that geological conditions here and in Texas and Tampa are identical.
Valdosta Ga September 14 Special speculation runs high on who will secure the postmastership here yet no official word from Washington. Major J Varnedoe is held up in committee while Senator West backs his reappointment. Walker and Mitch decline comment. J J Stapler appears strongest opponent with influential supporters. The choice may wait until after Hardwick acts in the senate and Walker names a candidate approved by Hardwick.
Commerce Georgia public schools opened this morning under encouraging conditions. The new building, with additions and improved mantis by the board of education, is ready for occupancy. Enrollment reached 250 and is expected to rise above 400 in the coming days.
Fulton County notices list numerous divorce suits filed in the Fulton Superior Court in 1914. Entries name plaintiffs such as Catherine Neary Estelle Pearsona Jessie L Brooke Annie M Smith Alma C. Leonard and others, with defendants including Grover Neary Bert Pearsona Thomas P Leonard Edward F Smith Clarence A Willson and Frank T Durham. Each notice requires appearance at the first Monday in November 1914 and cites the judge, Clerk Arnold Broyles, and the November term deadlines.
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