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BIG bim GONGHfiN Ifi bAiiuiiui i Gi CAPITALIZED AT TWENTY-FIVE, MILLION DOIjlLARS. Bolioved That Company Will be Able > to Meet Obligations and Reorganization Will Follow. s v Birmingham, Ala., Oct. 24.?An ii involuntary petition in bankruptcy was filed in I lie federal court, this af- p ternoon against tho Southern Steed 'I company, capitalized at $25,000,000. < Tho creditors seeking the bankruptcy i( order arc the Birmingham Ooal and Iron company, the Say re Mining and Manufacturing and the Cahaba Coal (| company. The Si>utliern Steel com- 0 pany owl is a hi?,' steel plant, at (Jads- ' den. steel rod. wire and nail mills at |, Mil-lev. coal mines ;il A 11 >< >n;i and Virginia City and ore mines through- j| '?;it the Uirmiir.rham district ;is well |( ris coke ovens and other properties. |, Moses Taylor of New York is pivs- sj id.Mil and M. T. Schuyler of Fdrming- r? ham. general manager, w The petition alleges that the com- u pany committed an act of bankruptcy <| in acknowledging in writing its in-i i1 ability to pay its dehls. It is also i'< averred in (lie petition thai the de-j ii f<Midaiil <-ompan\ lias been insolvent Ii for six months. The petition asks ii that it he adjudged a bankrupt and n trial receivers he appointed. A 11 or ii evs for I lie petitioning ere- si 1 iIor< have gone to Iluntsville, where w I'nited Stales .liidire O. K. Hundley < < is holding conrt. In secure an order ! b naming the receivers. ! , The fiIiinr nf the petition was no si surprise in the financial and indus- i ,| trijil circles here. Some such action I l had been expecicd for some time, n though it was rumored as late as yes- b tenlay that the company was able to h reorganize. h Vice President Schuyler said this <> afternoon that his company "is ah- o umlautly solvent and if the creditors are patient and will cooperate with |] us all debts of the company will be u paid and the company put back on its feet." Mr. Schuyler said also that, the oporation of the plants will go on uninterruptedly. He attributed the fin- j ftiicial e'mbrassment of his company ,x to the tight money market in the Fast and other causes. ii Cause of Embarrassment. ( New York. Oct. 21. -The Southern i , .1 . '1 Steel company, against which a peti- i| lion in bankruptcy was fib'd today at j Birmingham. Ala., was "'long of as- " sets and short of cash." according to one of the directors in this city. He said ilia I owing to the present coudi- s tion of the money market the com- (, pany was unable to secure funds with which to meet bills and accounts, and ^ the -present action was taken to se- a cure the creditors. Of the $2f>.000,000 capital stock of j| the company, $10,000,000 is preferred and $15,000,000 common. K. T. jj Schnvler and Fvans F. .Tones, both of \ s Birmingham, are the tiiv?t and second n vice presidents of the company, res ]>oct i vely. c\ OooRobonos Forotolls Long Winter. n Philaodelphia Press. , According to the goosebone, there ,| is a hard winter ahead. The earliest prediction of the pros- ,. ent war is made bv Amos Maver, a .. ' t t farmer living in the western end of o 1-lie county. The front part of the top ( of the breastbone is very dark, and ^ near the center it is white for a considerablc distance. Beyond this it is . dotted, and lihon conn's a long, dark j j streak. Tho gooselmne prophet said: . "According to the breast bono, we . . o will have quite cold woatber in the latter part of October and for two weeks in November. Then there will be a warm spoil, lasting for a few days. December will be a cold month, with an occasional snowstorm. Janu- j 11 ary will be a month of snow, hail and ^ an occasional cold spell. ? "The dark colors on the end of the breastbone indicate that February I' will be a very cold month, and there will bo several blizzards. At one particular pajrt of the bone it is alauost black, which means that we will have lots of snow and sleet. The cold weather will continue way into March, and we will have a very late 0 spring." j The goosebone was compared with i several obtained from other birds killed within the past few weeks, and they seem to be marked identically the same. n 10,0001 Agents wanted at once, previous 1 experience is not essential, territory is going fast, write soon if you wish to make money faster than you evor did before. Whit today. Address J |e P. Clark, Couvray, Ark. ti I V /. -V * VTK.Vl.WS.S WHY PS Vf jvi.. !.:I 01 A J?i.U Ul .fIKc i Message-?1' ho Freak Caused. Much Discussion Because There Was 110 Band Playing. Jew York Herald. The many vagaries of the wireless ystein of telegraphy and telephony rhieh arc now installed on the var>us vessels of the navy are subject i> constant study by the electrical exerts who arc in charge of the plants, 'hey are of especial interest now bcauso of the important part that wirejss 1 . tunica! ion will pay in the inning visit to tho Pacific. During the recent assembling of 10 fleet in Oape Cod Bay, one of the Iterators on the Ohio, while receiving message, was suddenly interrupted < y the strains of a march sounding , 1 his car pieces. Thinking il was ( k> band of the ship playing, he went the ollicer of the ileck and asked to ave (lie band slopped until Die niesiire was completed. The man who Moved him at the receiver when he j cut to tho ollicer of the d<'ck confined to hear the music ami. conseuenll v. when I In* first opeiator re-1 urncd and informed the man at the cccivcr that the band was not play11; on the ship there was consterna011 in the wireless office, for soundig clearly in the ear pieces was a larch played by a band. The Connecticut being the only | liip present on which a system of! ireless telephones had been install- I 11, everv one was at a loss to explain ! ' | ow music could be heard over the I'ceivers of a wireless telegraph. It j [ ems the band, which was head at a] islam over a mile, was on the { 'onnecticut, ami her wireless trans-I litters were thrown in while her j and was playing and another ship ad a wireless message interrupted | v hearing this music. The roason f this freak of electricity is not yet I xplained. A11 explanation probably lies in lio fact that the ear pieces of the ireles telegraph are very sensitive nd the wireless telephone transmitjr of tho flair ship is very ]>oworful, eneo th*? sound waves of the music 11 used sufficient static electricity to c transmitted and received by the orial of tho wireless telegraph. As all wireless exports know, di M'lors of (he microphone type arc regular in their action, and, for that cason are more or less unsatisfacirv. While they are more sensitive lan the coherer, 'they cannot, goneral, he used to advantage. They can be nproved in their reliability of us1 lt a number 111 multiple and revolvig the needle, which is generally a mall steel piece, by clock work. This nuscs a more or less musical sound 1 the receiver, but the sound of all lie instruments of a band is quite not her mailer, and if will probably e some time before tho real cause of his phenomenon is discovered. Another possible explanation may e in tho fact that all wireless inIruments have to be tuned before icssages can be received. By tuning ; meant tho adjustment of tho closed and ??|>eu sending and receiving cirnits to the same wave length or to nv desired wave length within their mils. By a wave length is meant 10 length of the curve of the atmosliero which is disturbed when the tatic. electricity is discharged from :ie aerial wires. This wave is of difiM'ent length according to the intrument used, and, as it is known hat sound travels in waves, there lav have been some synchronization etween the length of the waves of 10 music made by the band and the lining of the receiving instruments n the ship where this occurred. [OTIOE OF SALE OF PERSONAL PROPERTY. As I have sold my farm land and itend to quit farming, I will sell to lie highest bidder for cash on the th day of November, 1907, at my ite residence the following personal ropertv to wit: f> head of good mules. 2 buggies. 1 carriage. IJ head of cattle. 3 hogs. '2 wagons. I set of blacksmith tools. 1 set of caponier tools. All of my farming implements. ;M0 bushels of corn. 2000 lbs. fodder. l/ot of household and kitchen furit lire. J. A. Baker, fC3alks Ferry Road, 5 miles bolow 'rosperity. taw-td. Some men keep their religion lockd in a safe deposit vault six days of ho week. 1 ' 1. . Titfrfi/s Vv AS . ' VAL- 11 V/ViiLE. J Wi?:o Civilization. of Whole Troo Will Forestall Shorlago in Southern ; Yellow Pino. "Tn fifteen or twenty years, at the present rale of cutting, tlic supply, of the longleaf yellow pine of the south, olio of America's most useful forest trees will he nearly exhausted," say the experts of tiie I'nited States Forest Service. If these pine forests arc *" wiped out one of the south's import- ^ nut industries will die?the production of the so-called naval stores. The lumber of the Southern yellow ^ pine brings $15 to $35 per thousand feet, its turpentine 50 cents per gallon, its rosin from $-1.35 to $(>.05 per 280 pounds, atid its pilch $3.25 per L'SO pounds. All of these prices are m irradually becoming higher and higher [>n account of the increased demand :uiil the scarcity of the products. Formerly, turpentine could be purchased for 30 cents n gallon. Now f>0 cents j must lie paid at wholesale, and the j consumer of gallon lots will pay at limes as high as $1.00. ! j; I ti I lie face of these fast increas- " ing prices, pi topic are still found s. who say that there is yet au inex- s< haustible supply of yellow pine in " the south. and that all talk about a "" famine is unwarranted. Such state- ' menls are n<>! jr.-titled by conditions j I1 and the yellow pine lumbering indus- j * try will soon be in the. face of a ser-! " imis shortage unless decided changes j J are made in the present methods, j^and miles- valuable products now go-!' ing to waste are utili/.ed. The long-j ? leaf pine is :s slow-growing tree and doej nut makt timber with an\ where { n near the rapidity that il is beinj cut. ' The situation calls for making the s very best use of the present supply. s There are at present in Hi" woods 1 of the south vast quantities of pine ' logs and tall stumps left as a result ' of careless lumbering in the past. v This material is rich in turpentine '' and could lie made to yield from ten (" to fifteen gallons of refined spirits 7 per cord. Resides this, there is n j: great waste at the sawmills in the 1 form of slabs, edgings, and sawdust, '' all of which must, have a value, bui at present is, for the most part, simply burned to get. it out of the way. Tn fact, not more than 00 per cent of e tree as it stands in the forest, :l ( omes to the market in the form of 11 valuable materials. In the year 1000 the reported cut ; ' of southern yellow pine was some 12 billion board feet. A conservative es-j v timato of the actual amount of tur-1 ^ pentine alone, to say nothing of wood J1 liber and other materials, which ' could be produced from the wastewood of this one year, would place ' the amount at not less than 30 mil- s lion gallons. This is a surprising fi- 0 gure, when it is remembered ,J,hat. it represents an amount almost ecpial to c the present annual production of ' gum spirits in this country. If this 1 l' product were extracted from the :i wood and sold at even the current " price of good wod turpentine, the ' gross saving would be easily $14,400,000. [ Men have realized for some time ' that an enormous waste of valuablo substances is going on, and a few ' have succeeded in extracting the tur- ! pentine and placing 011 the market a ' material of a fairly good quality. In ' the majority of cases, however, the ' article has been of an inferior grade, ^ due generally to the fact that the technical methods used have been ^ faulty. As a result of this, wood tur- ^ pentine is at present often considered ^ as an adulterated material, or at best ^ as a poor substitute for gum spirits. ' ft is true that in some cases these ^ opinions are well founded, but infer * ior products have put an unnecessary damper on the whole industry. The Section of Wood Chemistry of * the forest. Service has lately been in- ' vestigating this subject, and some I valuable results have been obtained. 1 It has been found that for the rccov- J' cry of turpentine from wastewood> J' the steam distillation process is far superior to that of distilling the ' wood destructively. The crude tur- ' pentine is in all cases more uniform, and the final refined materials arc ? as a nil3 of belter grade and can de- ' maud a higher price. When proper- ' ly made and refined, experiments (1 have shown that the steam turpen- 1 tines are in many cases even more uniform in composition than the gum turpentines, and for all practical purposes contain the identical substances. I The odor often can not be distinguish- ^ ed from that of the gum spirits, but t even if it could, this is a small mat- 1 tor in many cases, as infinitesimal 1 and undetectable amounts of certain J impurities left in the refined product < as the result of the methods of pro- < ductii^ can produce this slight difference in odor, and tho wood turpon' . . ' n' " ' l\ . / . , . . ? Jj"J * ?>* FOB 1 HE BEST ! I p r 3 r k v Is t L t K I and all kinds of FRUITS i 3hone 247 and have everyhing delivered promptly to your residence. Ve are now located on Main street, also at the old post office. rtieo. Lombry: Prompt Delivery. Mr. I). N. Walker, editor of thai spicy jurmd, the Kuterprise, I.ouisa, Va., i ivs: "I ran a nail in my foot last week \ mi at once applied Buck leu's Arnica jj live. N'o inllaination tVdowed; the ? live simply healed the wound " Heals [ r?res, hums and skin diseases. Gnaran- ! eed at W. H I'elhani K: Son, Druggists. ? mi' should not he condemned for ! !*;?< ( it*iil purposes on I his account. ! 'his becomes still more evident when j) is known that the sweet odor of ? In* n'uin turpentine is not character- | <tic of itself, hut is due to an inipur- ] y produced hv the chemical action j f air upon it. ! These nr.1 important discoveries j nd arc well worthy of cousidera- | i<?n. If they are true, then refined team turpentine, properly prepared, iiould bring at least an equal price n this country with the gum turpenine. 0 Indeed, abroad, this is often lie case, and instances arc on record f lie re the refined .steam turpentine as, by virtue of its more uniform omposition, brought live cents a allon more than the gum spirits, and ; in much greater demand. Further n vest ig*i I ions along these lines wiR v. pushed rigorously by the Forest Service. Fair Week Excursions. Col H. W. TTunt, division passenger gent of the Southern railway, anlounccs that the Southern will run wo special trains on Wednesday and "Itur-day ><f fair week to acc.unnm- ! ate the visitors. One of these trains iill be run from Spartanburg on >oth days, the other from Belton. In ddition to these special trains the unit hern has arranged lo put extra quipment on every train coming in0 Columbia next week, ns many as ix extra coaches being ordered for ertain trains. Col. Hunt says that, lie confidently xpeets to handle a third more visiors this year than last. Everywhere ho people are talking the fair and re planning to take in the great an- ' inal fall gathering of the state. The , >ther rofids entering Columbia arc ikewiso making extraordinary ef- 1 01 is to Lake care of tho passengers or Columbia. Hoturiiing this train will loave Coumbia oaeh day at 7 o'clock p. m., ar iv.ng at Spartanburg at 10:45. joave iellon 6:30 a. m. Tonea Path 0:48 a. m. >onalds ... t 7:03 a. m. Uioals Junction 7:11 a. m. i lodges 7:25 a. m. i reen wood 7:50 a. m. few Market 7:55 a. m. Jniely-Si* ,S:T2 a. m. >yson 8:28 a. m. 'happcll 8:42 a. m. >ld Town 8:58 a. m. iilver Street .. .. 0:15 a. in. Tolcna 0:32 a. m. fewberry 0:40 a. m. 'rosperity 0:57 a. m. 'oinaria 10:15 a. m. Vaks 10:30 a. m. Uston 10:35 a. m. Vrriver Columbia 11:25 a. m. Heturning this train will leave Coumbia at 0:40 p. m., arriving at Bclon at 11 :40. Those trains are for the special aeo'mmodation of the visitors who do lot care to spend the night in Colum>in, but who want to come down for me or more days, spend the day and cturn home at night. REGISTRATION NOTICE. Notice is hereby given that, tho looks of registration for the Town of dewberry, S. C., are now open, and lie undersigned as Supervisor of Registration for the said town will ceop said books open every day from ) a. m., until 5 p. m., (Sunday exjopted) including the 1st day of Dejember, 1907. Eng. S. Worts, Supervisor of Registration. I ,' : ? / I vXfitl r! ''A fa !*. tH*. v.IiSCi _ Y 1 $ / % ; ! a ^ ?";l & x\? LOW RATES V Account Annual State Fair, C way will sell special low round tr inclusive, and for morning trains limit to Nov. 4th. Extra coache Rates as named below include one Laurens $3.00 Clinton 2.75 Goldville 2.57 Klnards 2.47 Newberry 2.04 Special feature will be Foot B ind Welsh Neck, Wednesday, 0 & M. of N. C. Thursday, Octc rrack Meet, Friday, November Uircus Saturday, November 2nd, KT7NQF VTWVZJr M SCXtOl YYUJL"XTlKr?7*.T WV-i CIS :r.*TTVBT C/nanii s ssc: rrrsa*; | ?^U" | ' ' ^' ATT | HERALD d fo: | Box Paper, I Tablets, Peh Pens and Soaps, I fr'n( I In fact anything you r I ALS CIGARS AND Don't forget to call I They are also agents 1 I Laundry. ^8fe#asB8HSSi6?SeHate3^ifi89 T5SM9&J3IS HHB9 NOW IS THE T ?: TH Jamestown It is complete in ever1 War Path-Air Shi Will interest and instruct you. ] beautifully illustrated folder conts list of hotels, etc., write W. J. CRAIG, P. T. M., Wilmington, N. C. ATLANTIC C The Short Thro VERY LO\ . . . T( NORFOLK A Account Jamestown Ter. . . Vh SOUTHERN Season, Sixty Day and Fifte daily, commencing April 19 vember 30th, 1907. Very low rates will also be BRASS BANDS In uniform STOP OVERS will be allo\ and Fifteen Day Ticicets, sa 1st Tickets. For full and complete in1 Agents Southern Railway, c R, % , ? I 'i 3 11 ,>?i /. Lv. JA ak il. ) IA U. N, Sl L. olumbia, the C. N. & L. Railip tickets October 26th to 3 I st v November 1st, with return s will be provided for all trains. I s admission to the Fair Grounds. Prosperity $ 1.83 Lit. Mountain 1.64 Chapin 1.48 Irmo 1.25 all games between the Citadel ctober 30th, and Clemson vs. >ber31st. Intra-State College J 1st, and Wallace Hagenback T KSCKS BflKSWSttHBBnSUBSKBOKiBMBm^ ON J ^ $k 111 f pi HE B 1 1 & NEWS 3 Extracts, &c., &c. need along that line. 0 1 TOBACCO. on them. or Columbia Steam IME TO VISIT ^ E :? Exposition? J v department. The p-Naval Display | Do not fail to go at once. For I lining maps, descriptive matter, T. .J WHITE, Gen. Pass. Agt. :OAST LINE j ugh Car Line. 'w V RATES ND RETURN | Centennial Exposition I RAILWAY ien Day Tickets on sale th, to and including (sJomade for MILITARY and m i attending the Exposition. '|i ved on Season, Sixty Day $1 me as on Summer Tour- M formation call on Ticket i I >r write ^ . W. Hunt Dlvlslon;,Pass. Agent. Charleston, S C r|| . . . vV'. V j,/v',