University of South Carolina Libraries
aricia! and Stock? and Bonds New York, Jan. 30.-Stocks rose buoyantly today. In tho last honr the movement became more pronounced and trading expanded to large propor tions. Canadian Peclfic was forced up 5 1-2 points. Calna cf 2 pointa or mor,- war? m.ni. by many ol uie rep resentative Issues. In today's movement the New York market fall in line with the great European exchanges, which are re flecting the pronounced improvement in financial conditions. This factor in the situation was made, the more po tent by extensive purchases in this market of stocks for foreign account. London today taking perhaps 50,000 shares hero on balance. The upturn was attended by buying on a large scale of bonds and high grade stocks. An isaue of $10,000,000 St. Paul 4 1-2 per cent, bonds was sold here today in less than two hours af ter.they were offered by the underwriters, being placed at about 103. The new issue of New York State 4 l-2a reached 108 1-4. Forecasts of the week's cash movement Indicated another gain by the New York banks of perhaps 510,000.000. Bonds moved up abruptly in spats and the general demand was brisk. Total sales, par value, 14,570,000. United States bonds were unchanged on call. Total sales were 547,000. Kew York Cotton Now York, Jan. 30.-Reports of slackening spot demand in the south and a bearish view cf the week-end figures inspired active scst tering liquidation in the cotton mar ket today and prlceB made new low ground for tho movement. The close 'was steady, but at the lowest level of tue day, and from 5 to 13 points uni* . th? fina! figures of Thursday. ''"here waa not much cot .un for sal*) at the start and after opening steady at unchanged prices to an advance of 3 points, activo months ?old about 4 to 5 ipolnts net higher on favorable reports from the cotton goods trade, the fairly steady showing Of Liverpool, and the failure ot early spo?. advlo? from the ?outh to indi cate any material weakening on the part of the holders, it seemed, how ever, that there was no . mort important demand than some scatter ed co ver in f:, and tho market soon turned, eaaler. Houses with Liver pool connections became, rather ac tiva sellers hero just before the Close of tho English market. This wa? supposed to foe a renewal of the straddle business noted yesterday, und the offerings from that source wpre withdrawn after the close of busi ness abroad, but there was also con siderable pressure fron? southern .JEO?K-QB o",cqmpanlei by reports of ^slt^ehtttg Hoot dd minti from NW Orleans, and the market was general ly uiiic-tw?u during tba afternoon. MARKETS. * .':r Local Marget Friday, January 30. Local cotton 13 1-2 cents. NEW YORK .HARKKT. Open High Lev Close Mar.12.30 ?2.42 12.28 12.28 May.12.?S 'TS-SS ?2.08 12.06 Julv.12.13 12.15 11.08 11.98 Oct .. .. ..11.52 11.56 11.45 11.45 Spots 12.75-10 dcAvn. New Orleans Cotton (Now Orleans, Jan.- SO.-Af ter - a display of steadiness In the early trading, thec?tton market today turn ed easy and tell off a dollar a bale under selling inspired by bearish week-end statistics. Price? of all the activo months were sent to now levels for the week and spots were reduced another l-8c a pound. Trading was not active until late in the session. At the decline there was very little demand. The opening was steady at an advance of V to 2 ?points. Cables weto no ?bettor than due on futures, but private cablegrams said that the lower money rate? were bound to stlmulato trade. Unsettled weather conditions over the cotton belt caused more cr lesa nervousness' among shorts and in tho early trad-? lng prices went six to seven pointe eyer . yesterday's close. This was the high of the day. The lowest pric ed were made in the afternoon when the active months were 14 to 15 points under yesterday's final quotations. The dose was steady at a not losa of i2 to i4 points Liverpool Cotton Liverpool Cotton. Liverpool. Jan. 80.-Spot cotton: Moderate business; prices easier. Mid dling fair. 7:7T; good middling. 7.37* middling. 7.09; low middling. 8.83; good ordinary, 6.07; ordinary, 5.73. Sales, 8,000, including 7,400 American and 500 for speculation and export. ^?eat-Rs, tc,ooo, including I8,soo American. Futures- closed barely steady. January, 6V70 1-8; January February. M9 1-2: February-)?arcrt. ?.69 1-2; March-April. 6.71 1-2; April May. 4M6S 1-2; May-June. 6.6s 1-2; JUuc-Jul.r, 5.5?, July-August. . 6.?5; August-September, 6.50; September October, ?.33; . ,Octobcr->IovetMfer. . 6.24; November-December, 6.20; De cember-January. 6.18 1-2; Januat-y February. 6.18 I-S*>'? . Receipts. 26,000. Sales, 8.000. Spots, -.or?. Open Close .D.7? ,?.* .6.70 6.60 6.72 6.71 6.69 60S 0.60 6.69 I Commercial Hester's Report {Nev Orleans, Jan. 30.-Secretary He ',', r': weakly New Orleans cotton exciaugc statement Issued today eliows lor the thirty days of .January an Increase over last year of ;J56,000 and a. ilfbefnm' rnidnr til?'? nearie Period year before last ot 248,000. Thc aauount brought into sight dur ing the peel week ruts been 372,305 'hnfatj, aginst 2?io,o;i7 for the seven jPyff!; ending tills date last yearj?nd ruc the thirty days of January it hun been 1,r>80,877 against 1,225.367 last year. The movement since Se,;>t. 1 show-, receipts at ull l.'nited States ports 8,?*0,0C4 against 7,807,109 last year Overland UCTOSH the .MlstjiBsipj/i, Ohio and Potomac rivers to Northern milli and -Canada, 750,807, against 759,283 lUjgf-year; Southern mills takings, If 971,000, against L6&9.669 last year. .nThe total movement for the 152 days of tho season, from Sept. 1 to date 11,012,959, against 10,925,690 last year. Foreign exports for the week have been 264.953, against 102,693 last year The total takings of American mills, north, south and Canada thus far for tho season have ibecn 3,718,300. ? against 3,500,790 last year. Stocks at the seaboard and the 29 leading southern interior center? have decreased during the week 40,734 thales, against a deere.iBe during the corresponding period last season of 930 and are now 308,805 larger than at this date In 1913. Including stocks left over at ports and interior towns frocn tho last crop ajuLthc nuimlber of bnles brought into :;l:rht thus far from the new crop thc.supply to date ls 11,839,376 against 11.290,403 for tho same period last ycarv; '_ Tiow York, Jan. 30.-(Cottonseed oil today .was firm at the start owing to light crude offerings, but later sagged off under ncnttorod selling on the declino in lard and cotton and lack of new outside demand. Fiqal pr'ces wera, unchanged to 3 pointa nev low Cotton Goods New York, Jan. 30.-Cotton goods were quiet today, hut prices held steady. Yarns rs"?te. firm with a large inquiry reported. Domestic wools were higher. Australian and ?South American woola nr? ihelnir ?*lr. od for. Now silks are to be shown next week. . Chicago Grain ,A~r- and Provisions WHEAT- Open Clore Ma'y"T..03V6 83?* July .... ,. -..?!>% 5S* CORN tMoyJ,.c:v? cc vt July. .. . .?'vt Cf, OATS May. ....:?t-i 9L% July ..89*-j LA I l> Jan.- - 10.80 May.I1.2J 11.15 RIBS Jan ... ...<..11.37 11.25 May ... ... ... .. .. 10.70 11.57 POIIK-^ Jan.21.62 . May. .. .. ..21.75 21.60 Money Market . New York, Jan. GO.-Call monej steady. 1 3-4 a 2; ruling rate, 1 3-4; closing 1 3-4 n 2. Time loans easy; aixty days, 2 3-4; ninety days, 3 a 1-4; six imonths. 3 3-4. (Mercantile paper 8V*-4 a 4 1-2 per cent Sterling ex change easy; sixty days. 4.83.50; de rAnd. 84.85.75. Commercial billa If.? 3-4. (Bar silver, 57 t-tc. Mex lean dollars, 45c. Government bondi steady; railroad bonds strong. WOBLB?? VISIBLE SUPPLY* Mm Orleans, Jan. 30.-Secretary I Heater'* statement of. the world'a via- f lt.!?'supply of cotton is?Ucu loua; shows an increase for the week just closed ot ,121,887 against a .decrease or 117,102 last year. ^he tt?lAl visible ls 6,207,272 agaiast 6,146.585 last week and 6,988,699 last year* r4>f-?Wf the total of the Amer ican cotton is 4,581,272, aga'nst 4, 515,585, SSst week and 4,641 ,??9 last year; and. pf all other kinds. Includ ing Egypt T3raall, india, otc'., %; 6 So, 000, against 1,630,000 last week avid 1,847.000 last year. TneMotal world's visible sup ply to .date ?bow? an increase compared with , last, week ot 121,687 and aa increase <*raJ$fcred KvYth last year of '.278.573. Of the world'a visible-supply to date, there ls now aiidht and held In Great. Britain and continental Eu rope .3.215.000, aglnet 3,450.000 .last year lo Epjiot, S79.000, against 328. 000 last rear; in India, 730,000 against. 622,000 last year and In tho United Ct ates. ,1.943,000, against 1, 583.000 last year. . ' CHICAGO PROVISIONS Chicago, Jan. 30.-3eUef that th' i Xr^ftbl?PP had oicmpa? any imme I ?MMaadger frein a cold wave had I bearish offset today on the price of wheat. The market closed steady <but at a decline of 1-4 to 2-So. uo\ ut ncr grain, roo, snowed a ios* tor the day-?ora 8-8 a 1-2 to 1-2 ant j oats, 1-8 a 1-4C. <ln. provisions, tit ; outcome varied from a setback ot 1 to 42 l-2c advance. CORN PES! FOUND IN THIS COUNTY Scientific Expert From Columbia Found Many Specimens in Anderson. i A. H. Byer. United States acienttflc assistant of the Bureau of Entomol ogy, who is now stationed at Colum bia, :;;jcnt yostorday in Ar-dermm county conferring with the farmers and examining lands in search of the corn stalk borer. The expert found t!ils specimen on every hand through out the section ho visited, practically every stalk examined showing signs of the insects' deadly work. Speaking of the trip here, Mr. Bey er last night discussed the work- of tire Insect wl?h an intelligencer re porter. He said that there are two 'generations of the larger corn stalk borer each year, the ilrat generation appearing in the spring and the next during the following summer. The destructive work of thlr infestation is done in the leaves and bud of the eyoung corn plant by the first gener ation and the second generation bur rows within the lower part of tho stalk and goes into the root to spend the winter in the larvae or caterpil lar stage. The infestation injures the corn In several ways. It Injures the bud of the young plant, weakens the vital ity of tho matured stalk and also in proportion lessens the yield. When asked as to what was the best method for treating the plants after being Infected, Mr. Beyer said that tlie most effective way to control the pest lies In the menus used in ex posing the roos, or, better stil!. If pos sible, burn the roots. Before leaving Mr. Heyer said that he would be glad to furnish any as sistance or Information possible to any Anderson county farmer w'.io might desire .it, if the planter would call on him In Columbia or write to ulm at thai point.. * * * * ??: if if * ric p O fc ConjgTei.'.U'.T?.? Su:nmary * Washington, Jin. o0.~7ho day In congress: r'omfr. Met at noon. Foreign t.uiutlon:-.' ccr.'.rnlttee cre mend ed renowal cf all pending arbi tration treaties. Considered nominations in execu tive cession. 'Adjourned 5,: 10 p. m. toinotm Sat urday. Met at r.oc.".. Segar, debate ort Burnett literacy test Immigration bill. Repressnt'iHye r r.:lr-.- testified at tho Judiciary compalttcc's hearing on trr.-t l i'.lr. Louis I). Pracdcis urged uniform R'nonhUus. for corporations, before t'iO . cvsr.ic^o cccnniittee. ..'.J I io -?reate "Ix vice admirals of t . -v y introduced by Chairman ra-J celt, cr naval committee. A-tjourncd at 6:40 p. m. until ll a. ::\ Saturday. MC?B COJM'LIXJS.NTED. Dy the National Guard Acoeisntlon Thursday. Columbia, Jan. 30.-'Following reso lution.-introduced by Maj. h. Royd Colo of Barnwell, was adopted at tho sessions of the National Guard association: "Whereas, this association ha? gone on record as favoring what Is known as tho 'pay bill', and "Wlhereas, at a recent meeting of tho adjutants general association in Washington, Gen. Wim. W. Moore, ad jutant general, did effective' work in having the bill so changed that it wculd meet the appropriation ef the war department and also changed so that when the bill is passed the mil itia of the State \ "\ receive moro than* $100,000 .instead of the paltry Bum which would have been received under the original provision* df the bill, be it : "Resolved, That f a thanks of this asoclatlosn by ext- ided Gen. Moore for hin work in b alf o? the better ment and advar ment of the Na tional Guard of tooth Carolina." TRIP ( I.LEO OFF. Did Not Ru* Sperm! to Greenville j .J. .st Night. Owiri; to ''ie fact that only a small] number ot leople signified th?lr in tention of taking advantage ot th< special tr in offer made by the inter urban, tba offer was withdrawn by th< Anderson ofllclals and" no ?pocla' train was run to Greenville fer the] aha*/ last night? T ' . ' Tfils'was doubtless due to the tac " I that-the weather throughout the day] was'very inclemont and it is probgbl? ' that many wouid have gone had thii net been the case. However, quito a , number made the trip as lt wa?, go-1 lng and. returning on regular trains Columbia, Jan. 30.-Friends df two officers of the South Carolina Nation s'' Guard ?wore active daring the meeting in Colutntbta yesterday and as a result two candidates are an general. Capt M. C. Willis of Y?rl ville and Capt, i. H. Cliffy ot Orangr burg, will be in tba raoe for the of Sce.,: Cant. Willis Is quSrlermastCr on Col. W. W. Lewis*, ?taff, First reg?- ! ;iBoht. Capt. Willis' has boen an of-1 > fleer in the National Guard about te.. ?{Saja. He ls an extensive,planter In j rora county, iwhe'e ne eas Ul SSS ami [ home .for manv ye%rs. He ls a native f I oe Aiken county and has tanning in 1 tereala in Barnwell enanty : .HewT I I widely known aa president of the ' Carulinu liuggy company. Capt. Wil li? attended tho eucampmcnt in An dersen last surrimer and baa a groat ni?i.1 ' r of friends there. iCapt. daffy ia the commanding of ilcor of Company L, the Tillman Vol unteers, Third regiment. Ho la the; oldest ranking captain in the State, baring served for 20 years. Ho ls a well known farmer and IB a native of Orangeburg county. He is the man ager of the Orangcburg county dis pensary. nen w W Moore announced some time ugo that he would ofier for re election. It was rumored that he would be opposed bv his assistant, Col.'O. W. Babb, but this is denied. WILDEST DISORDER O Vt'K SAM GOMPERS. Indianapolis, Jan. 30.-Scenes of the wildest disorder marked today's, seSs'.on of the contention of the Uni ted Min" Workers of America, which hoard Duncan McDonald, ??cr?tary-J ? easurer of the Iliinoif- minor' dc-' clare that Samuel Gompers, presi dent of the American Federation of Lahor, was "glorious drunk" during the Seattle convention and un other occasions. Gompers .-at on the plat form, BhoutJjbg "Har'', "blinder" ct j McDonald during h:s ape? sh. Gompers yesterday replied before the convention to a pr< vious speech of McDonald, In which t!ie latter charged tho F?deration was "in charge of booze lighters." Today >'l:Dcnald in :u'-\;:ort of his charge, told of an experience he said ho had at Beattie. IHe said "a bunch of drunks" of which Gompers, ho de clared, was the center, made so much noise in a hotel rocm that those near them couldn't sloop. Tho delegates showed little sym pathy for (io. :e*s and ho declared be was .".'r.7 tried "jeforo n jury "hcHe ml 'd- tr^-o already ?.disonod." Every point made by Moyer and Mc Donald w'a< wildly applauded. Alter Tl?Dfchuld iud -.oucluded. the tiimult was so gr( .it that Gonrpors. denp.ilr !mi of hearing, p;?t cn his overcoat end !:nt and slirt<d to leave. The delegates wore silenced, however, by an appeal from Moyer ril Gompers returned. Gompers sat within Tour feet of McDonald and, during the'applause which greeted the F.. enker, dented the charge of "glorious drunk" at Seattle, called McDonald liar, and slandered. HOSPITAL FOR MCCORMICK. Hatter Is Now Being Quietly Agi tated. McCormick, Jan. 30.-The matter of a hospital for the town of Mc Cormick is being quietly agitated, just now, wtih p. possibility of success. It ir estimated that a c?mirort??blc. UT> to-date plant could he put n working ordor at a co3t of $15,000, dhlcb .would 'be adequate for a town the size af McCormick. The five local ?physicians are enthusiastic in the matter, and In order that the medical fraternity may heep pace wHh other enterprises commensurate (with it? importance, tho hospital ls looked upon as a necessity. In the last year 15 or 20 patients were sent to other cities . for lack of hospital facllitlee here. If thc citizens of the town come tu the aid of the medical men, as it ts confidently expected, the hospital ls .? certainty. COTTON IS SOXBv . Greenwood, Jan. 30.-Tom Toiberi and R. Fv. Tolbert; Jr.. sold a lot of 350 bales. Tho price raid was 13 1-2 coutts.* pound, and was-paid by the Greenwood cotton mill. The amount of mioney received was between $24, 000 and $25,C00. _ Card of Thanks. Kindly allow UB through the me dium of your popular paper to ex pieaB our, most sincere, and heartfelt thanks to those noble and generous friends who so unselfishly aided us in the hour of need when we lost our home with Us entire contents by fire. May a most generous God reward you many fold is our prayer. J. M. Smith and Family. REVISION COMJflTTEE. Will Meet to Discuss Cotton Price Next Week. New York, Jan. 30. -^Cotton worked lower during the "past week. Trad lng has been generally quiet and the selling movement was checked by re porta of a continued good spot de mend. Early week rallies were Hm lied, however, .and th? market today was unsettled by besrlBh week-e figure*, reports of slackening south ern demand and more br less gene j ral liquidation. Thc February meeting of thc New-1 York revision committee Is scheduled for next Wednesday and Ipcr-.l trad ers believe they -will be able to se / cure a better Uno on the price re - quired to bring additional supplies ' cotton here from the south. (Beyon such consideration, lt ls almost get orally conceded that thc character . * early crop nowa will bo of great in? portsnce In the future course < of thc recent soiling. COTTON SEED FOB SALE >.'?'. .' ' " ** . :. Mexican big boll, prolific. Mads 12 bales on 10 acres wi tn 300 pounds of fertiliser per acre. Original' eeJd $3.00 per bushel for seed l?it spring. Have SOO bushels will sell fer %J.,50 per bushel. J. m. ROGERS, Williamston, & C. m M TRUSTEES Delightful Event at Anderson College Took Place Thursday. The trustees of Anderson College held their annual meeting in the col lev* nff?V*?; Thiir?H?yj Jahuery 29th. The acuity and students always es teem it a great privilege to have the trustee-, visit tnem, and a cordial welcome is in store for those who can find the time from their business to come. Although this was s business meet ing, we claimed.as much of the social as they could give ut. At 2 o'clock the trustees were invited into the dining room to a most delicious luncheon Miss Murray had prepared. Seated at the table was Dr. J. F. Vines, Mr. W. H. Hand, Mr. C. M. Faithfull, Col. H. H. Watkins, Rev. L. J. Bristow, Mr. R. S.-Ligon, Mr. C. S. Sullivan, Col. J. N. Brown, Col. W H. Hunt, Kev. G. Li Knight, Mr. W. A. Watson, Mr. P. E. Clinkscales, and Mr. M. M. Mattiaon. The menu was as follows: Oyster Cocktail. Olives. Celery. Cream of Tomato Soup. Soup Sticks. Chicken Croquettes. Green Pean with pimentos. Creamed Asparagus. Potato Chips. Vienna Rolls. Grape Fruit and Celery Salad. Plum Pudding. Cream Sauce. Coffee. Cheese. # Crackers. As usin?es of great importance was on hand the trustees then re turned to the office to conclude their work. As business of great importance Mr. W. H. Hand, of Columbia, S. C., was elected president of Anderson Anderson College. All extend to him a mest cor?is! '.volc?me, believ ing that under his wise leadership, the college will continue to higher and higher things. Condensed statement of the finan cial condition of tho BANK OF AN DERSON*. Anderson, S. C., at tho close of business January 13, 1914- as shown by the regular report made to the State Bank Examiner. RESOURCES Loans and Discounts . .$ 990,287.46 Overdrafts .'.. . .25,912.09 Bqnds and Stocks. 6,850.00 Real Estate _ 86,540.00 Cash and due from ?au?s 161,395.12 ' Total .$ 1,219,984.68 " LIABILITIES Captlal Stock . .. S 150,000.00 Surplus.".... 160.000.00 Undivided Profits (Net).. 63.476.41 Dividends Unpaid . "1.786.00 Deposita, Individual ?704,871.62 Bepcslts.Bank 64,851.65 '?' 829.723.2? Bills Payable. 25,000.00 Total _ ... ? 1.219,984.68 Interest compounded quarterly on Savings Accounts. Tito Bank for the Corporation-the Firm-the Individual-in fact ror ev erybody. Came In' asS pay"' it s ?is" THE BANK OF ANDERSON, ' Anderson, S. C. Tue Strengest Bank, in .the .County SAFE SOUND PROGRESSIVE General Passenger Agent, Greenville, S. ? Seduced Round Trip Vare? 'from Anderson, S. C RICHMOND, VA.,.$12.76 Account of National Education Aaso ?elation. Tickets on ?ale Feb. 21.-22{> 2ft; with return limit March,'?th, 1914. New Orleans La. ...... ..-.. elu.oa Pensacola, Fia.216.00 Mobile. Ala .... .... . $16.46 Account Mardi Gras Celebration.' Tickets on sale Feb. lith to 23rd, with retur limit March. 6th 1914. For further Information call on City: I Ticket Agent, or write C. 8. ALLEN, , 6. S. a A. RY. WaXWLY REDUCER ROUND TRIP j FARES FBOM ANDEB80N, 8. C ttiekiaead, Vii^ ?13.75 . Account .of National Education Aa-,} sedation. Tickets on sale Feb. 21, 22, f ; 23; with return limit March 4th, 1914. New Orleans, lau, 119.66 Pensacola, Fla, SISJOQ Mobile, Al*, 106,46 ' Affnut Mai-it QT?Z CC??bT?tii?E;[ tickets on sale Tab. 17th to 23rd. with return limit March 6th. 1014. j Washington, p. O, $1&S6. Account Fiftieth Anniversary, Kinghts of Pythas. Tickets on sale Feb. 16th and 17th, with return limit Feb.'2*th. 1914. "Wot ' Turther Information call city ticket agent or write, C. o. ALJUSN, General Pass. Agent, .U'?:.;;,:.V* Oreenvile, S, C. JBKBK THE IVERS & ' " ?JEEJ mam Though tho IVERS & ?H BM POND PIANO COM ^fflT^SW PANY make a high Jg U ffl ' ??*tde piano ihey are al- VH t |i a?f vt V ttl waY* *tr?vm&to ?mprove ^ ^^^ff^JfS^^T their instruments. ' . ^^Ms? ly1* ? j Their-aim is, and al ways has been to make a better instrument. The IVERS & POND PIANO, is made only in one quality, that is the best that is possible to manufacture. These pianos are better known for wearing end ?taymg tn lune qualities, and also their syum&iheti ? tonal qua^a^u We have handlea IVERS &FOWD for over 25 years, and have always found them absoirtaly cstiafac'.ory. ASK THE PEOPLE WHO OWN TI JEM C. A- REED PI ANO & ORGAN CO. 115-117 N. Main St., Anderson, S. C. Everyday Anderson is becoming more and more, and in many ways a Progressive City. Jt is a fact, that Progressive Cities are well lighted cities. WrJl lighted show windows and sidewalks make progressive cities look progressive. . The. merchant who lights well h? windows and sidewalks is a progressive merchant and he ia. helping to make Anderson pro gress ivs. In doing so he not only advertises his business, but advertises h*S tOWS. N. B.-Good lights make for progress and enlightment. CnilTUEQH DliQI IP IITIIITICG nn UlluSllLllll I ??LI? UI1LIIJU? UU. .ON CASH TRANSACTIONS .. . . .. FOR NEXT 30 PAYS -"SPECIAL BARGAINS" On remainder of our Shipment of Horses and , Mules. They are going f ast~See them at once. J. S. FOWLER NICE RESIDENCE ...FOR SALE... We nave several nice residences and build ing lots for sale. .*. Frank & DeCamps Realty Co. -THONE Zi? Jno. Frank :-: J. DeCamps |