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BIG MEhL COiNGHiiN if] MiUihlii'iGi CAPITALIZED AT TWENTY-FIVE j MILLION DOLLARS. Belioved That Company Will be Ablt: to Meet Obligations and Reorganization Will Follow. Birmingham, Ala., Oct. 24.?An involuntary petition in bankruptcy was filed in the federal eonrl. this afternoon against tho Southern Steel company, capitalized at $25,000,000. Tho creditors seeking the bankruptcy order are the Birmingham Goal and Iron company, the Sayre Minim? and Manufacturing and the Oahaba Coal company. The Southern Steel company owns a big steel plant at (ladsden, sleel rod. wiro and nail mills at Knsley. coal mines at Alloona ami Virginia City and ore mines I'nrouuhoat i he 1 'irmin-.rham district as well as coke ovens and other properties. M<?ses Taylor of New York is president and K. T. Schuyler of Binningham, ireneral manager, I'lie petition alleges that the company committed an act of bankruptcy in acknowledging in writing its in-J ability to pay its dcbls. It is also averred in the petition that the defendant eompanx has been insolvent, for six months. The petition asks that it he adjudged a bankrupt and that receivers bo appointed. Attorneys for I lie petitioning creditor-; have yone to lluntsvillc, where! I niled Slates .Iinlu'c O. If. irundley1 is holding court, to secure an order naming the receivers. The fiIin.tr <?f tin* petition was no surprise in the financial and imlus- i trijil circles here. Some such action! had been expecied for some time, though it was rumored as late as yesterday that the company was able to reorganize. Vice President. Schuyler said this afternoon that his company ''is abundantly solvent and if the creditors are patient and will cooperate with us all debts of the company will be paid and the company put back on its feet." Mr. Schuyler said also that the operation of the plants will go on uninterruptedly. He attributed the financial e'lnbrassment of bis company to (he I infill money market in the Mast and other causes. Cause of Embarrassment. New ^ ork. Oct. 21.- The Southern j Sleel company, against which a petition in bank in Hey was fi'^d today at Birmingham, Ala., was ''long of assets and short of cash." according to one of the directors in lhi> city. He said that owing to the present condition of the money market the company was unable to secure funds with which to meet bills and accounts, and tho -present action was taken to secure -tho creditors. Of the $2"),000,000 capital stock of the company, $10,000,000 is preferred and $15,000,000 common. K. T. Schuyler and Kvans F. Jones, both of Birmingham, are the tii^t and second vice presidents of the company, ros]>eet i vely. Goosobonea Foretells Long Winter. Philaodelphia Press. According to the goosebono, there is a hard winter ahead. The earliest prediction of the present year is made by Amos Mayer, a fanner living in tho western end of 'the county. The front part of the lop of tho breastbone is very dark, and near the center it. is white for a considerable distance. Beyond this it is dotted, and trtien comes a long, dark streak. The gooselmne prophet said : "According to the breastbone, we will have quite cold weather in the latter part of October and for two weeks in November. Then there will be a warm spell, lasting for a few days. December will be a cold month, with an occasional snowstorm. ?Tanu-I ary will be a month of snow, hail and an occasional cold spell. "The dark colors on the etui of the breastbone indicate that February will be a very cold month, and there will bo several blizzards. At one particular pjyrt of the bone it is alonost black, which moans that we will have lots of snow and sleet. The cold weather will continue way into March, and wo will have a very late t spring." | The goosebone was compared with several obtained from other birds killed within the past few weeks, and they seem to be marked identically the same. 10,0001 Agents wanted at once, previous experience is not essential, territory is going fart, writo soon if you wish to make money faster than you ever did before. Whit today. Address J | F. Clark, Conway, Ark. vvi h>:i..hs,s t?y it \t .!.:J 01 i; .iUvt. (.pled i* ; Message?The Freak Gutucd Much Discussion Because There Was no Band Playing. New York Herald. I The many vagaries of I lie wireless | system of telegraphy and telephony ( whieii are now installed on the var- | ions vessels of the navy are subject f to constant study by the electrical ex- ( perls who are in charge of the plants. , They are of especial interest now be- r canso of the. important part that wire- f less . . (. lunioalion will pay in (he coming visit to tho Pacific. During the recent assembling of f the fleet in Cape Cod Hay, one of the j operators on the Ohio, while receiving a message, was suddenly interrupted j by the strain* of a march sounding in his car pieces. Thinking it was the bam! of the ship playing, he w.Mit ' t" the ullicer <>!' the deck and asked to ! have the baud stopped until the mes- ' sane was completed. The man who relieved him at the receiver when he i went to the olVcer id' the d'*ck coiK.iuued to hear : lie music and, consequently, when the lirsf operator relumed and in orined the man at the receiver that the band was not plnving on the ship there was consternation in the wireless otlice, for sounding clearly in the ear pieces was ai march played by a band. The Connecticut, being the only j , ship present on which a system of j wireless telephones iiad been install-j ed, every one wa> at a loss to explain ' how music could be heard over the) receivers of a wireless telegraph. It | seems the band, which was head at ai distance of over a mile, was on the j Connecticut, and her wireless transmitters were thrown in while her hand was playing and another ship had a wireless message interrupted by hearing this music. The reason of this freak of electricity is not yet explained. An explanation probably lies in the fact, that the ear pieces of the ^ wireles telegraph are very sensitive and tin' wireless telephone transmitter of tho flag ship is very powerful, j hence the sound waves of the music caused suOicient static electricity to be transmitted and received by the aerial of tin* wireless telegraph. j As all wireless experts know, di- . rectors of the microphone type are irregular in their action, and, for that reason are more or less unsatisfactory. While they are more sensitive than the coherer, they cannot, general- j ly be used to advantage. They can be improved in their reliability of using a number in multiple and revolving (lie needle, which is generally a small steel piece, by (dock work. This causes a more 01 less musical sound in the receiver, but the sound of all j the instruments of a band is quite another mailer, and if will probably *" be some time before the real cause of 1 this phenomenon is discovered. Another possible explanation may " lie in tho fact that all wireless in- ' struinenls have to l>o tuned before x messages can be received. By tuning ' is meant the adjustment, of tho closed ^ and oj>en sending and receiving circuits to the same wave length or to any desired wave length within their * limits. By a wave length is meant s the length of the curve of the atmos- 1 phere which is disturbed when the ^ static, electricity is discharged from 11 the aerial wires. This wave is of different length according to the in- n st.rument used, and, as it is known (' that, sound travels in waves, there ' anay have been some synchronization between the length of the waves of I the music made by the band and the a tuning of the receiving instruments 11 on the ship where this occurred. . o NOTICE OF SALE OF PERSONAL i( PROPERTY. (1 As I have sold my farm land and t intend to quit farming, 1 will soli to v the highest bidder for cash on the v f)th day of November, 1907, at my j late residence tho following personal c property to wit: head of good mules. 2 buggies. i v 1 carriage. head of cattle. ' 3 hogs. 0 n J wagons. 1 set of blacksmith tools. j 1 set of capenter tools. All of my farming implements, 1500 bushels of corn. 2000 lbs. fodder. J Ivot of household and kitchen furniture. Jj J. A. Baker, ( fO\lks Ferry Road, 5 miles bolow ? Prosperity. . 2taw-td. Some men keep their religion lock- r ed in a safe deposit vault six days of < tho week, < / J 'tf. u % V/AS'7 f\ PftO'DUcr;.'; i V/-L-! J/ >.i>Tj.tj. Wire Utilization of Whole Troo Will f orestall Shortage in Southern Yellow Pine. "In fifteen or twenty years, at the I>resent rale of cutting:, Hie supply, of the longlcaf yellow pine of the south, me of America's most useful forest r.'cs will bo nearly exhausted," say lie exports of the United Slates Forest Service. If these pine forests are viped out one of the south's importmi industries will die?the producion of the so-called naval stores. The lumber of the Southern yellow >ine brings $15 to $35 per thousand 'ect, its turpentine 50 cents per galon. its rosin from $4.35 to $fi.05 per !S0 pounds, and its pitch $3.25 per !S() pounds. All of those prices are i rradunlly becoming higher and higher ?n accounl of the increased demand i"d the scarcity of the products. Fornei 1 \, turpentine could be purchased or 30 cents ;i gallon. Now f>0 cents | misf be paid at wholesale. and tho I' onsumer of gallon lots will pay at! imes as high as $1.00. In tile I ace of I hc<e last incrcas- ' mr prices, po.ple are still found vli?> say that there is yet an inex- I must :ble supply ol yellow pine in ' he south, and t!inI all (alk about a ' amine is unwarranted. Such stalencnts are not justified by conditions; tnd the yellow pine lumbering iudus-' ry will soon be in the face of a ser-! "us shortage unless decided change* j ?re made in the present in.*1 hods, j ind nub's-, valuable products now go-' ng lo wasle are utilized. The longcal pim- is a slow-growing tree and ""I nialsi timber with an\where tear the rapidity that it is hciiij cut. ! I'lie sil nation calls for making tlie 'ery best use ol' (he present supply. I here are at. present in the woods f the south vast ipiant.ities ol' pine ogs and (all slumps left as a result >f care I evs lumbering in (he past. 1 his material is rich in turpentine Hid Could be made to yield from ten o fifteen gallons of refined spirits >er cord. Resides this, there is a rrcaf waste at the sawmills in the !onn of slabs, edgings, and sawdust, ill of which must have a value, foul it pri'sent is, for the most part, simdv burned to get it out of the way. n fact, not more than 00 per cent of he tree as i(. stands in tin; forest onies lo the market in the form of '.iluable materials. In the year 1000 the reported cut ; >f southern yellow pine was some 12 illion board feet. A conservative es-j imale of (he actual amount of turpentine alone, to say nothing of wood j iber and other materials, which, 'ould he produced from the wastevoo<l of (his one year, would place he amount, at not less than 30 milion gallons. This is a surprising firure, when it, is remembered Xliat it epresenls an amount almost equal to lie present annual production of rum spirits in this country. If this j u-oduct were extracted from the vood and sold at even the current ,rice of good wod turpentine, the ;ross saving would bo easilv $14 400 00. Men have realized for some tima hat an onormous waste of valuable ubalances i.s going on, and a few ave succeeded i?i extracting the tur11,11 tine and placing on the market a iiaterial of a fairly good quality. In he majority ol cases, however, the rticlo has been of an inferior grade, Ine generally to (he fact that the' : echnical methods used have been aiiltv. As a result of this, wood tur- 1 online is at present often considered s an adulterated material, or at best * a poor substitute for gum spirits. ' is true that in some cases these 1 pinions are well founded, hut infer 1 m products have put an unnecessary ' aniper on the whole industry. Ihe Section ol Wood Chemistry of he Forest Service has lately been ine*4igaling this subject, and some alliable results have been obtained. t has been found that, for the recovr> turpentine from wastowood> he steam distillation process is far uperior lo that of distilling the rood destructively. The crude tur>entine is in all eases more uniform, ind tho final refined materials are a rub of belter grade and can de?.'?"d a higher price. When propcry made and refine,I, experiments inve shown (hat the steam turpenines are in many eases even more mi form in composition (ban the o-uni nrpenlines, and for all practical purposes contain the identical substances. I he odor often can not be distinguish'd from that of the gum spirits, but sven if it could, this is a small matter in many eases, as infinitesimal md undetectable amounts of certain mpurities left in the refined product is the result of the methods of prolnetuty can produce this slight diferenco in odor, and tho wood turpon FOR 1 HE BES'i i CUE ST and all kinds of FRUITS Phone 247 and have everything delivered promptly to your residence. We are now located on Main street, also at the old post office. Tljeo. Lambru Prompt Delivery. Mr. I). N. Walker, editor of that spicy lou mat, the Kntcrprise, J.ouisa, Va., jays: "I ran a nail in my foot last week iind at once applied Buck Ion's Arnica ( salve. No inllanialion followed; the salve simply healed the wound " Ileals sores, burns and skin diseases. GuaranSeed at \V. 1C Pelliaiti K: Son, Druggists. ' ncnaamnujMMnmiEio MI MCTPtrjumvu. wwpA'.TawtuvnrvmM j line should not he condemned for practical purposes on this account. This becomes still more evident when it is known that the sweet odor of the n'ltm turpentine is not characterislic of itself, hut is due to an impurity produced by the chemical action dI' air upon it. These are important discoveries and arc well worthy of' considera- i ti"ii. II' ihey are true, then refined steam turpentine, properly prepared, should briny- at least an equal price in this country with the gum turpentine.^ Indeed, abroad, this is often Hie case, and instances are on record where the refined .steam turpentine has, by virtue of its more uniform composition, brought five cents a gallon more than the gum spirits, and is in much greater demand. Further investigations along these lines will be pushed rigorously by the Forest Service. Fair Week Excursions. Col R. W. Hunt, division passenger agent of the Southern railway, announces that the Southern will run two special trains on Wednesday and 1 hn:>day ><f fair week to accommodate the visitors. One of these, trains will be run from Spartanburg on both days, tho other from Bclton. Tn addition to these special trains the Southern has arranged to put extra equipment on every train coming into Columbia next week, as many as six extra coaches being ordered for certain trains. Col. Hunt says that, he confidently expects to handle a third more visitors this year than last. Everywhere the people are talking the fair and are planning to take in the great annual fall gathering of the state. The other rofids entering Columbia are likewise making extraordinary efforts to Lake care of tho passengers for Columbia. Returning this train will loave Columbia oaeh day at 7 o'clock p. m., arriving at Spartanburg at 10:45. Leave Bel ton 6:30 a. m. Honea Path 0:48 a. m. Donalds ... ? 7:03 a. m. Shoals Junction 7:11 a. m. ITodges ,7:25 a. m. f! recti wood 7:50 a. m. New Market 7:55 a. m. Ninety-Six 8:12 a. m. Dyson 8:28 a. m. Hhappell 8:42 a. in. Did Town 8:58 a. m. Silver Street . . ..' 0:15 a. m. Helena 0:112 a. m. Newberry 9:40 a. m. Prosperity 0:57 a. m. Pomaria 10:15 a. m. Peaks 10:30 a. tn. Alston 10:35 a. m. Arriver Columbia 11:25 a. m. Returning this train will leave Columbia at 0:40 p. m., arriving at Helton at 11:40. Those trains are for the special accommodation of the visitors who do not care to spend the night in Columbia, but who want to come down for one or more days, spend the day and return home at night. REGISTRATION NOTICE. Notice is hereby given that the books of registration for the Town of Newberry, S. C., are now open, and the undersigned as Supervisor of Registration for the said town will keep said books open every day from 0 a. m., until 5 p. m., (Sunday excepted) including the 1st day of December, 1907. Eng. S. Wcrts, Supervisor of Registration. I Y._. _ * $ J % ;-! 1 JHb i! LOW RATES Account Annual State Fair, way will sell special low round inclusive, and for morning tral limit to Nov. 4th. Extra coac Rates as named below include o Laurens $3.00 Clinton 2.75 Goldville 2.57 Kinards 2.47 Newberry 2.04 Special feature wiil be Foot and Welsh Neck, Wednesday, A. & M. of N. C. Thursday, Oc Track Meet, Friday, Novembe Circus Saturday, November 2i ?^9naiatfssBsagtasnmss3SiB^^ I CAL3 I ' AT I HERALD i jg F I Box Paper, I Tablets, Pe IPens am Soap; Fir In fact anything yoi CIGARS ANI Don't forget to ca They are also agent* Laundry, NOW IS THE ' ?: T Jamestown It is complete in ev< War Path-Air Si" Will interest and instruct you. beautifully illustrated folder co: list of hotels, etc., write W. J, CRAIG, P. T. M.f Wilmington, N. C. ATLANTIC The Short Thr VERY LO . . . 1 NORFOLK / Account Jamestown T( . . . v SOUTHERF* Season, Sixty Day and Fi daily, commencing April 1 vember 30th, 1907. Very low rates will also b< BRASS BANDS in unifoi STOP OVERS will be all and Fifteen Day Ticicets, 1st Tickets. For full and complete i Agents Southern Railway, % * ' j sC" ?c /% i k y a t'f -1 *?& i "* .<A A? i -W'i ft. VIA C. N, & L. ^ Columbia, the C. N. & L. Rail- 1 . trip tickets October 26th to 31 st ] ns November 1st, with return hes will be provided for all trains, ine admission to the Fair Grounds. Prosperity $1.83 Lit. Mountain 1.64 Chapin 1.48 ^ Irmo 1.25 ^ Ball games between the Citadel j October 30th, and Clemson vs. 1 :tober 31 st. Intra-State College r 1st, and Wallace Hagenback id. rzemiKS I ON 1 & NEWS I 'OR I hcils, ij d ink, ||fl 3, , 1 le Extracts, &c., &c. 4 need alcngthat line. LSO } TOBACCO. II on them. 3 for Columbia Steam TIME TO VISIT HE i Exposition. * 3rv department. The jj| iip-Naval Display Do not fail to go at once. For itaining maps, descriptive matter, T. .J WHITE, Gen. Pass. Agt. COAST LINE ough Car Line. ^ W RATES r?... VND RETURN j ir-Centennial Exposition IA . . . i RAILWAY fteen Day Tickets on sale 9th, to and including (Jo3 made for MILITARY and *m attending the Exposition. owed on Season, Sixty Day same as on Summer Tour- j Information call on Ticket , or write R. W- Hunt Dlvlslon;.Pass. Agent. Charleston, S C t \