The Anderson daily intelligencer. (Anderson, S.C.) 1914-1915, December 25, 1914, Page PAGE SEVEN, Image 7
Commen?ai
Stocks and Bonds.
NEW YORK, Dec. 24.-In Ra
liai* today's stock market continued
to traverse the ground of the last few
dave. More minimum prices were
registered In shares of investment and
speculative value, the li?t Including
Canadian Pacific. Baltimore 4b Ohio.
and Southern Railway, while United
States See! and Southern Pacific re
peated their established low quota
tions of the preceding session. Over
a score of Inactive and miscellaneous
Stocks sold lower than before. Open
ly prices reflected continued irregu
larity followed by rallies which car
ried the leaders 1 to 2 points above
yesterday's close.
Renewed weakness In Canadian Pa
id fte and Southern T* ail way preferred
on extensive offerings unset lied the
list in the afternoon, with lowest
prices of the day recorded. In the
final dealings some buying of Amal
gamated Copper and Reading impart
ed a better undertone, but the clos
ing was heavy and uncertain.
Weakness of the high priced rail
way, shares indicated that the reduced
dividend declared yesterday by the di
rectors of the Pennsylvania Company
was causing apprehension respecting
the dividend status of the other stocks
In this class. Declaration of the T?X
ular New York Central dividend on its
increased capital stock Imparted firm
ness to the. Vanderbilt croon. - .
A loss of more than $10,000,000 gold
wa? the Interesting feature of the
Rank of England's weekly statement
London brokers were saM to have ex
pressed disappointment over the terms
imposed for rosum/wion of business
on the stock exchange.
The local bond market was heavy
on small overturn. Total transactions,
par value, aggregated $1,108,00.
United States government .bonds
wera unchanged on call.- -
Weekly Cotton
NEW YORK, Dec. 24.-Cotton has
been more active during the psst
week, with prices advancing on a
broadening, trade and Investment de
mand. Houses with foreign connec
tions have been among the more per
sistent buyers, and it ls rumored that
German InUresln have been particu
larly active, taking July and October
contracts as well as large quantities!
of spot cotton iz the South.
Only three of the four steamers
reported?to have actually cleared for
Bremen, but in spite of the sensation
ally high ocean freight rat? of about
$15 per bale/several additional steam
ers have been chartered for late De
cember -ton January sailings. to., that
port and Germany is believed' to be
taking part ot the .cotton consigned to
neutral ports.
: The advance w-as cheeked by real
ising ^nd Increased ^Southern selling
The regular divider
Insurance Company ii
ment policies will be
able on similar polici<
tual Benefit's dividen
three Special DivideT
ed since 1909.
The several
tlic d?claration 01
of contingency fi
which, in' the llgh
the Mutual Bene
surance companU
The first cor
has been the at*
Secondly, it has
fullest possible
lowest posJble c
earnings of the C
reserves upon th)
dends, such incre
The Mutual Benefit
ronage of the insurin
que in tnehistorv of Iii
For information as
Bteckley Bldg.
ititiiiiDUKuiuiuHimniiiii
md Financial
'. _. .-; '
witb tho approach of the holiday?, but
reactions wera comparatively moder
ate and the Ula around the ring baa
"effected a more optimistic aentlaiem.
Such Items as the activity of export
ers, the railroad rate decision, the
increaaing business reported in the
dry goods trade; prospects for a ma
terial reduction in the acreage next
spring and the failure ot the big gov
ernment crop estimate to cause any
overwhelming pressure from tbs
south, have figured in the more bul
lish argumenta.
The census report Issued Monday
showed 13,977,189 bales ginned to
December lo this year against 13,770,
727 in the big crop year of 1911, but
the amount gin ?d tor the first half
of December fell short of the big crop
year, and some of the more bullish
traders question whether, all the cot
ton actually grown this season will
be picked and ginned. Domestic mills, j
however, are still said to be buying I
slowly, and the market has met some!
selling on the advance which ls evi
dently inspired by expectations .that
the large available Bupply will yet
become a source ot renewed weak
ness, i
NEW ORLEANS, Dec. 24.-While |
there was much liquidation of cotton
thia week the. market closed at a net
gain of nearly a dollar a bale on Ute
moat active months. Investment buy
ing met the market on all recessions
and gave ?. a steady undertone. The
export movement was the main sup
porting influence. Foreign clearances
for the week up. to Thursday night,
were 202,664 bates.
Some bearish comment waa caused j
by the large stock held la thia port,1
324,321 bales tonight, but it was claim
ed that much ot this ls not for ?ule
but Is owned by spinners and spot
merchants abroad and Is being held
In storage here awaiting favorable op
portunities tor shipment. This claim
was partly confirmed by spot brok
ers.
The short week restricted trading j
and it is probable that next week the
market will not be active, since it will
again close Thursday night. End ot j
December shipments may play an im
portant part in the trading as thal
long side has made repeated claims ]
that they will be exceptionally heavy.
Bearish traders are inclined to the
opinion that the spot demand has
been so heavy of late, and clearances
so large that, December engagements
have been fairly wei]/defined and a
falling off In both the demand and the
movement from the porte may be look
ed for.
Dunn's Review
-
NEW YOE?. Dec. ?,4.-Dun's Re
Slew will say on Saturday:
"The railroad rate decision, contin
ued, big exports of wheat , and ether
producta and colder weather-exerted.
the/ moat important influence tty thej
ids to toe edited by the
il9i 5 to premium pay it
increased very substantia
?s itv 1914. This is the thi
id scale during the past si
ds, aggregating ?2,403,0c
increases in the Mutual Benefit's ;di
f special dividends rtav\v followed t
eserves computed upon a mathom
t.of past experience, ar?-amply-suf
fit.against those contingencies to \
ts are liable.
icern of-the Mutual Benefit Life Insi
solute;, security of its outstanding
endeavored to liberalize its policy
Ment, and, to furnish insurance tl
ost. Inasmuch as it has been est!
:ompany are sufficient to maintain
s basis adopted abd to provide f o
ase has been made.
confidently presents its
g public upon the above
r? insurance.
io sn agency or policy, a<
T11^,Geri?r
Agent.
,Snc
III
markets thia week. The recent pro
crees In financial r?cup?ration, the
rapid establishment of a big balance
pf trade in favor of this country and
tba rate decision giving a large part
of Ute relief asked for from the inter
state commerce commission, combined I
to ovaste m favorable sentiment in |
business. The better feeling bas un
doubtedly Imparted a briak.r move
ment to the Christmas trade, which,
though less in volume than last year,
bas been muob more active than ap
peared possible a few weeks ago.
"Bank clearings for the week were
$2.^)68,326.108. a decrease of 11.2 per
cent, as compared with $2.981,358727
ia the same week mat'year.
"Failures for the week were 3761
against 440 lsst wsek and 289 in the |
same week last year.
"Wheat exports were 6,757,942 bush- ]
els against 3,804,788 a year ago."
New York Cotton
NEW I?KK. Dec. 24.-Cotton was
quiet tod-y. Scattering accounts had
evidently leen pretty well evened up
on yesterday's reaction and there
seemed little disposition to undertake
fresh commitments in advance of the
holidays. There were some further
by houses with foreign connections,
and, prices ruled generally steady,
with the close steady st a net advance
of 6 to 9 points.
The market opened steady to. an
advance of 2 to 3 points. After sell
ing some 6 to 7 points net higher,
prices eased off 3 or 4 points u*.5er
realising, but the Southern selling,
which wai a feature of yesterday's
trading, WAS not in evidence, end the
market soon became Inner. *
December notices, estimated at
about 2.000 hales, were circulating at
the start but se^rr"-* to cause no liq
uidation. The market ^dually work
ed higher with the active mooths sail
ing some g to 10 points Shove yester
day's closing during the afternoon.
Closing prices were a shade off from
the. best under realizing. The new
Tournaient standards were received
by tbe cotton exchange here today ?nd
will be on exhibition after Monday.
The exchanges "here and at New Or
leans will be closes until Monday and
Liverpool wilt remain closed until
Tuesday morning. .
Snot cotton ou let: middling uplands
7.66. Sales 1,600 bales.
Cotton futures closed steady.
Open: High. Low. Close.
January .. .. 7.45 7.51 7.51 7.51
March ... ... 7.65 7.71 ?.6I5 7.69
May .. .. .. 7.82 7.89 7.80 7.87
July. 8.00 8.08 7.9? 8.06
October .. ... 8.28 8.31 8.28 8.29
New Orleans Cotton.
NgW - ORLEANS. Dee, 24.-The
price of cotton ail vanesa on the open
ing today and the gala waa steadily
held throughout the session. Af the
highest the mora active months were
13 to 18. pointy ggrLrgj
Mutual Benefit Life
ig Life and Endow
Uv over those pay
rd increase in the Mu
ix years. In addition
)Q, have been declar
vidend scale and
he establishment
atical basis* ant'
Relent to prote
vhich all. life in
iirahce ?Company
ppticy contracts.
contracts to the
lerifiinder .at the
ibiished that the
the contingency
r increased
; claim to the pat
record, which is uni
Ageiif.
Anderson, S- C. g
figures. The dose was st s net geln
ot 6 to li points. Offerings were
scanty and a small demand served to
kat. prices at.the advance.
I Attar the noon hour the main stim-1
ulatlng Influence wes the heavy ex
port movement. Total shipments of
all kinds were 100,846 bales while re
ceipts si all porta were only 69,162
bales. Total foreign exports amount
ed to 87.5P7 bales, which brought the
total for tba asasen up to 2,8080.61
bales The day's .transaction? In the
spot department. 0,785 bales, caused
comment favorable to the market.
They were the largest sales in some
time.
Spot cotton steady; sales on the|
pot 710 balea; to arrive 6,075.
Cotton futures closing:
January 7.24; March 7.48; May 7.67;
July 7.99; October 8.12.
Liverpool Cotton
LIVERPOOL, Dec. 24.-Cotton, spot,
?let; prices irregular; American
(middling fair 5.42; good middling
.77; middling 4.53; low middling
.06; good ordinary 8.44; ordinary i
2.99. Sales 5,000 bales, including 4,
600 American and 500 for speculation
and export. Receipts 5,000 bales, in-j
eluding 3,100 American.
Futurec closed steady. 1 p. m. close:
May and Juuo 4.28; July-August 4.35;
October-November 4.47; January-]
February 4.53.
Cotton Seed Oil
NEW YORK. Dec. 24.-Cottonseed
|oil, while quiet, displayed a finer '
trend on light > offerings generally, I
covering for over the wek end end
In sympathy with the firmness in cot
ton. Final prices were 4 to ll points;
net higher. Balee ?,000 barrels.
The market dosed steady. Spot I
$5.70if 6.00;- December 15,7606.00 '
January $0.75?$5,77; February ?5.90
?5*7; March $6.04496.06; April $6.10
?6.20; May $6.83490.35; June $6.45?
.60; July $6.56<fi>6.58>
Chicago Grain
CHICAGO, Dec. 24.-Wheat showed i
rallying power today' after lt became j
?evident European demand bad not ma
Jterially decreased, despite Argentine
?advices favoring the bear aide. Closed
?steady at a shade decline to 1-4(6)3-8
?advance compared with last night
"Corn wound up with a gain cf 3-4(9
-8 and onta of 3-8. Provisiont closed,
unchanged to 10 points nigher.
Grain and provisions closing: ;
Wheat, December $1.26; May $129.
Corn, December 68 1-4; May 72 5-8.
Oats, December 49 1-4; May 53 1-2.
Cash Grain:
. Wheat, No 3 red 81.25 1-201.26 1-2:
|No. 3 hard. $1.25 8-4? 1.26 3-4; No. 2
northern $1.28.
Corn, No. 2 yellow, 66 l-2?67.
Oats, standard, 49.1-24950.
? '. li
Live Stock
- ^-Sfg'.
CHICAGO. .Dec fr.-Hogs unsettled.
?Bulk $6.9507.10; light ?6.65O7.10;
"mixed $6,75497.20; heavy $6.7q?7.17
1-2; rough $6.75?9?.?e; pigs SS**?
[7.19V -
Cattle strong. Native steers $5.5049
JlOj western $6.20498.10; cowa and]
?heifers $3.2008.80; calves $7.50frl0.
Sheep strong. Sheep $5.6506.60 ;
?yearlings $6.75?7-80; f <lambs $6.75?
H08.70.
. BUL4J6Y ON THE DOO
?Famous Tribute ef Senator Test te
Faithful Animal:
Senator Vest's eulogy on the falth
r"l dog baa been printed in The En
quirer before; but it bas been a long
?while, it appears again in the current
?issue of Commerce and Finance, edit
?ed by Theodore RI Price, and its pro
duction in a paper of Cat character
agesta that this may be a very
__od time to print it again, more es
Kecially for the benefit of people who
i fond of pasting the choicest cf Ut
ry gema- in- their scrap books. Here
-is:.
"Gentlemen of the jury: Tie hast
?friend a maa has tn the world may
turn against him and become his ene*
?my. Hts son or daughter that he has
??fis I eil with loving care may prove un- ,
?srateful. Those who are nearest andi
?derrest to us, those whom wo trust ?
?with our happiness and our ?rood
name, may become traf tore to their
taith. The money that a man has he
-lose. lt Olea away fromm?;
-4pa when he needs lt most. A
t'a mutation may he sacrificed ??
moment of ill considered action,
e people who are prone to fall on
their knees to do us honor when suc
cess is with na mar be the first to
???ZJ& *??*0. **? wb*? "il
lira aett'ee In cloud upon our
rho one absolutely unselfish ?.
that maa can have In talk sel
H*?" the one that never deserts
p ihOnrya O?U*?^
fe ta pro?aarteV^a?d (n poverty, m
Health sad In atokness. HeWiU deep
S??1?*? th? wintry
winds maw aaa the maw drive*
P^fOOly If only he be near his
master's aide. Hr. wll' kiss the hand ?.
that has no food to offer, hw wiR lastU
sncorater wiffc the saaahaees- di' the
world. He guarda flPMeep of hts
gaper master aa ilaire a prince.
mien all?th?r frieoA desert he re
nata*. When riches take winga and
r?putation falle to plat es he is sa con
itant-Ui bia lave aa tho am? lu Itajoar
jey throes* the heaven?. If fortan?
Irires the master forth as outcast
a the world, friendless and boreel***..
he faithful dog asks uo higher prtri
?ge than that of accoasnaaplag hss?
o guard against . dancer, to fight
igelst hts enemies; and whr.n the
sst scone ot all comos sad death
aha* the master in his embrace and
Us body la laid awr* in the edd
iround, no matter if eil other friends
mrs?? their way there hy. his gravs
dde wi|l the nome dog b? found, hts
lyes sad bat open in alert falthful
sasa, faithful a*? true etea tis death.''
i---I-11 1 --
Th? school ?o?'.is are coming home;
for the holiday?, and the town ie en
livened by tb slr presence.'
Ohsa. ByrV, Oscar Doyle and Jule]
Holleman came home Saturdsy from j
the University of South Carolins.
Misses Sue Ellen Hunter and Louise
Lawrence returned Saturday . front
?Lander College for the holidays.
Misses Ivor and Hannah Brown are
here to spend the holidays, the guests
of Mrs. Grace W. Vernor.
Misa Nina Norman, who is attend
ing school In Concord came home
Monday to spend the holidays with
her parents at the Oconee Inn.
Mr. John Ballanger returned Satur
day from Clinton, where be ls at
tending tbe Presbyterian College of
South Carolina, to spend the holidays
with bia parents, Mr. and Mrs. J. J.
Ballanger.
' Miss Gladys Romsey, who ls In
school at Wlnston-Salem is at home
for the holidays with her aunt, Mrs.'
Dr. W. Fl Austin;
Miss Edith Lindsay ls st home from
Due West College for Women for the
holidays.
Thornley Cary la at home from the
University of South Carolina for the
holidays.
Willie Austin. J. W. Btrlbllng, Hor
ace Wood, Brown Verne/, B. L. Ham
ilton are at home from Clemson Col*
lege for the holidays.
Miss Bertie Abbott who hes been in
attendance at' Limestone College, Gaff
ney, ls visiting her brother, Mr. D. S.
[Abbott, here.
1 The Misses Nell and Nancie Hines,
Laura Per ritt ure at home from Win
throp College tor the holidays.
Mrs. W. J. Lunney went to Char
lotte, N. C., Wednesday to spend the
Christmas holidays with relatives.
Mr. a T. Russell of Wilmington ls
visiting friends In town.
On Tuesday afternoon Miss Sue GJg
nlMIst entertained in honor of Miss
Carry Hunter, who ls soon to be
married to Mr. T. B. Jones of Town
ville.
Miss Agnes Doherty ot Hanford.
Cal., ls visiting har cousin. Mrs. D.
S. Abbott, on Fair Play street
The Seneca graded school closed Its
doors for the Christmas holidays on
Wednesday and wUl not remine its
cessions until January 4, lOi".. Most
if the teachers will go to their re
inectiine bornes tor the holidays. Miks
Moore wm romain here. Prof. H. C.
Smith, the principal, will go to Greers,
r4tas Miriam Jennings to Spartanburg,
Miss Florence Reid to Rock Hill, Miss
Morrison to Clemson College, Miss
Kittie Sleigh to Red P' Ga.
In spite of the "hp ti .es" and
the bsd weather tbe . i merchants
have enjoyed a gpo le his week
and everything has hau &d ?ir of a
prosperous time for a tea* day?.
Rev. and Mrs. J. F. Wallace of
Westminster are vislUu* his brother,
Rev. I. E. Wallace, of this place,
i Mrs. Waymea Holland and Mrs.
Lillie Sitten were . In Anderson shop
ping Wednesday.
Misa Margie Holland, who ls teach
ing school at Norcros.TSa., ls at home
for the holidays.
Messrs. 'Clarence, and Sraeat Nor
man are at home for the holidays. Mr.
Clarence io attending the Lutheran
Seminary and Ernest ls attending
South Carolina University.
Mr. Albert Norman, who is attending
(Hemsen College, is at horns for the
holidays.
. Mr. Sam Cherry of Spartanburg
came to Seneca Saturday to spend
the holidays with the family of Mr. W.
K. Livingston.
[;vMr. H. Y. Wilson of Kings Moun
tain ls assisting in tht express offflce
here during the Christmas rush,
r lar. Fuller McGill of Kings Moun
tain spent a fev hours with his friend,
Mi. Ware, at the express office Wed
nesday.
Mr. George Irby, who is teaching
the Koowee high school wi? in Sene
ca Wednesday, en route to his home,
at Laurens to spend the holidays.
Miss P.obecca Todd, who ls attend
ing school in Lissington,-Ky., is st
home for the holidays, with her par
anten Mr. and Mrs. J. W. Todd.
Mb? Mae Hubbard is home from
Winthrop College tor the holidays
with her parents. Mr. and Mrs. Thea.
Hubbard.
Dr. and Mrs. Whitten of Cross Hill
expect to spend the Christmas holi
days with Mrs. Whit* m's parents, Mr.
and Mrs. J. J. Ballenger.
a SPARKLES FROM REFUGE o
At last the Christmas season, lt I
dc** at hand. Every one seems pos- !
sassed of the Christmas spirit. The
many little children, who h?ve bear,
counting the days until Santa sbooM
come, are gleefully awaiting t
remaining few days with their child
ish hearts beating with high antici
pation. Many of them hare written let
ters to him. telling htm what they:
would Hhs to have him brtag them.
We hope every little heart in the wide I
world will be Oiled to overflowing
on Christmas morning with Joy, peace
and happiness.
This many "friends of Mrs, daisie
Norris will be Sorry tn learn that she
ls still Very sick. It ls hoped by one
and all that she will soon be weil
again. .//,
The people of this community were
very sorry to hear of the death of Mr,
John G?ssett of near Liberty, a C. He
leaves a wifo and six children, a
mother and one sister, to mourn his
sad death, besides a host of friends.
j?r. Go?sett was a good Christian
always ready ta help those
ht need. He waa a member
With your kii
patronage an
will-you ha
a Merry Chris
wish it for yo
R. W.
The Up-to-1
of the Lebanon Baptist church.
He had been sick only a few. 'short
weeks with pneumonia and when his
pneumonia had gotten some better,
asthma set In and he was unable to
stand it. We would say to the dear
bereaved ones, do not weep for bim,
for ve know he will never come back
to Uk', but one 'artlng thought
presents itself to us Just now. We
can prepare to go to him. Strive to
meet him in yonder city where no
partings ever come.
, Mr. and ^ M ra. Luther Jenkins of
Pendleton spent Saturday with Mr.
and Mrs. Luther Kay. Mr. Jenkins and
afr. Kay anent tba day bunting birds.
They were training Mr. Kay's dog, it
being a fine young setter, said to be
the finest In this section.
. Visitors at tho home of Mr. Will
Norris Sunday were Mr. and Mrs.
W. Nelson. Mr. and Mrs. 8. P. Phil
pa and air. end Mrs. J. C., Gillespie.
?Mr. T. V. Eva; t and Mr. Luther
Kay wen i hunting c'rdB one day last
?reek.
: Mr. L. D. Moore, One ct our neigh- j
hors, baa rented his farm near Pen
dleton to Mr. Broadna Wilso? cf Pen- jj
dieton. We are always sorry to loee
an old neighbor, and also glad to have
a new one.
The many, friends of? Miss Nellie
Newton wUl be sorry to know that]
sb? is still very ill, at har home near
bishop's Branch. Her many friends
hope ase VT4.!: be able to be around j
again very soon.
Every way wo tarn now, wo eas
israeli the sweet odor of fruit cakes, |
pumpkin pies, plum puddings and all
auch alee things. Our neighbors must
be cooking them, though for we caa j
smell them In the air.
Rev. and Mrs. T. F. Nelson and
daughtors.Mlsses Belle- and Avie,;
spent Sunday hight at the home of
their daughter'and sister, Mrs. Onsets
Norris.
I wonder how many of ua know tho
meaning of the word Christmas? The
writer remembers when she waa a
small child In school shs was called
upon one day tu the grammar lesson
to write a composition on Christmas
fdr the next dayV leeson. The first
step that she took was to hunt In
Webster's dictionary for the defini
tion of that word. None of Ute others
in the class did that, and. she won the
prise. She headed har paner with ?he
doftnlUoK and then told what days
used to be Observed by our Pilgrim
fathers in Colonial days as Christ
mas day, and the different ways peo
ple had of giving, gilts-on that day. ;
There was Santa Claim for we Ameri
cana lb far away countries people
g^jhe^s^ h^ Kris Kringle, and j
-
Poor Comfort.
Everybody Is telling the combatants
in Europe whit a regenerated wort! >
it will bs after the war la over-no i
more armament firms, no more con
scription, no more race rlvntry, says
the New York Times. rfc
But^rar^arc getting Ulled ,
: I
PIEDMONT INSUF
av?
Any a
^ INSURJ
J C EL TRIBBi
Brows* 1
V
t?dness, your
d your good
ire given US
tm as, and we
u tenfold.
KIBBLE
ate Clothier.
YOU MUST
PAINT THE TOWN
R-E-D
Today
BE SURE TO USE
DUGAN'S PAINT
"Ask Dugan
Why"
Anderson Pait?
, & Color Co.
I Watson Vanditer BuUdlag.
is about what she'll say if you
give "HER" a Diamond ring for
Christmas; and if you get it here.
Ittell be "DELIGHTED" too
because "SHE" knows that it wilt
be O. K. in every detail.
Our prices on > Diamonds, as
well as all other Jewelry of Qua'
ity can't be beat! Come see! 1
W.H.Lyon
^ Ca*h J?wder
groaning, an^moantng,
y? jr* Tar* b?4, Tlmr asked hla
-jdp.fca?o he. "Wi the doctor l'ai
th?nkln'of. What a btll it'll be, to bo
fftre; to be .?r*?|?yLJ?'
"Shura, now. Tim. never you mind
about that," said hi? wife. "There'a
tn^fnanrance money, ain't there?"
ANCE AGENCY
* Foe:
ad All
LE? Manager
Juildin?. r
- - -' i,,' .*