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MONEY SITUATION. Runs on Banks and Trust Companies Are Over?Gold Coming to New York. New Orleans, Nov. .1.?'Secretary of Whe Treasury Cortelyou .wired today V.'whal the treasury department can nut ^transfer money from London to New ^Orleans as suggested by cotton exporters here. The plan was to have i -cash deposited with fiscal agents abroad and immediately upon such deposit to draw cash at the sul) treasury here. x Situation Clearing. ^ Now York, Nov. 1.?'The fina.icial ; V. nation was gradually clearing tojwAiay without showing any striking feaKUures. linns on the ibanks and trust f ^Vompanies are practically over, money KfV.Jhich was temporarily withdrawn Itf'rom banks subject to runs is flowing |/nto the stronger banks and currency Efts going in most cases where the defAinand is considered legitimate. Fur^ rher engagements of gold by Boston 't^and other points, have brought up the total engagements abroad under the (' reent movement to $2(5,000. Tiie Lusitania, which sailed from Liver- j pool today, has on board about $10,-1 [l 000,000 in gold, one of the largest sinife^le shipments ever made. Prices on * X\)e exchange were linn during early part of the day and did not ?j',\|d seriously at any time. The fact K:.aat the slock exchanges of London Vand Paris* were closed on account of P All -Saint's day prevented any eoniI pferison of quotations or arbitrage il operations. Balances at the clearing house have settled down 'to a normal condi?wtion but there is still something of a MRW,vkade in domestic exchange '' fl ou^'h 'be unwillingness of New jmteVk banks to pay currency on drafts ^ lujn other cities and the unwilling 'f's of other cities to pay out their ^Kf'rrency upon drafts from New York, ^ .' he condition of affairs indicates a continued pressure for currency ratli or Mian a breakdown of credits, but I reasonable demands are being met for V regular customers of the banks. The I possibility of hastening the export movement of wheat and cotton si ill engages the attention of foreign exchange dealers and also of those who endeavor to keep in touch with the ?neral situation. Doubt is expressed \vhether the secretary of t.he treasury? will be aOle to carry out on any considerable scale the project of the New Orleans exporters for accepting cash at government fiscal agencies abroad and the transferring it by telegraph to points in this counItry. But Secretary Cortelyou is understood to be willing for such deposwits of public money at cotton exportii1, points as will to a considerable ei>it relieve the strain. ftTON CROP DETERIORATES. York Journal of Commerce FigHes Indicate that the Crop is 65 Per Cent Picked, as Compared with 56 Per Cent Last Year. NTew York, October ML?The Jour1 of Commerce will tomorrow publi its monthly cotton crop report npiled from reports of 1,-100 cor pondenls of average date of OeTJie report will s'liiw that cotton ( orated 4.1 points during the of October. '.e recent flalveston storm was .1, and apparently unimportant as the cot ton crop. This decline makes the.condition of :> unpicked crop (52.4, as compared th a condtion of (54.4 in 190(5, 'when 'erioration was 7.5 points. The de?ie in 1005 was I ..'5 points, and in was (5 points, but in 1004 it im|v?d 1 ,(i points. M.on is (55 per cent, picked, comi'i with 50 per cent last year, 0!) iveni in 1005, 7(? per cent in 1.004, per cent in 1003. i vo largest decline occurred ' in I' is and Louisiana, where the conrl'j; in fell 5.0 points and (5.2 points If'actively, due largely to t'he boll ? ?i 1 and somewhat to rains. The ''an Territory and Oklahoma are \fi '? on'y sections showing improve) ?) t, rising 1 and 4.4 points rei I Hrosl caused deterioration in near'/.B'AXiI other states, insect damage bc'0.1((^insignificant, except in Texas, if ly ^atia and 'Arkansas, where the 1 ml \veevil took ipractically nearly all 'JP,i ;oP crop. The reports from all states give no hope of a late 11, frosts having put an end to Wjiier maturity. /fpo crop is generally being mark/jB'nV as fast as ginned, but up to the /'ML of these reports there Avas a wlV stron?or tendency to hold for, M. Mr prices than in former years. I (^^^l^eather was almost ideal during 1 t!u' moilth, giving a high grade staple. Picking was uninterrupted, witli the !t ihat although the season started so late, the percentage gathered exceeded last year's figures by nearly 10 per cent. North Carolina shows a decline of 1 points during October, in condition I to 78. South Carolina i< :L'I'lower, at 70.}). Georgia 2..') lower, at 77. Flodida 10.2 lower, at 00.5. Alabama 5 points lower, at 70.2. Missis*iippi il.O lower, at 01)..'3. Louisiana (5.2 lower, at (>7.7. Texas ">.!) lower, at :*>;{.(>. * Arkansas 3.3 lowei1, at 00.3. Tennessee 3.0 lower, at 71.-J. Missouri 3.2 lower, at S0.0. The Indian Territory improved one ! point to 0S.3, and Oklahoma 1.1. to 07.0. The precontage picked <>;) October 24th, by states, i$ as follows: North I Carolina 02: South Carolina 71; Geor-' gia Of); Florida OS; Alabama 01 ; Mississippi 00; Lonsiana 00; Texas 77; Arkansas (5-1; Tennessee -IS; Missouri ">ti; Indian Territory 17; Oklahoma 13, making the average (?."?. GOLD FOUND IN GREENVILLE. Expert Locates Seven Rich Veins on Farm Near Fountain Inn. (In e.iville, Ociober 31.?Seven rich i vein-' of gold have been discovered on a i.i'iit about one mile from Fountain Inn. in (his county, and about) eighteen miles from this city. The | announcement was made today by Dr. j Ceo rue l'\ Leo, a geological expert I and minora logi>1who spent three! days in cxaininim the metal. The | veins are thought to bo about sixty i feet deep and the mine will be the richest, in the sitate and probably in the south, Xircom, mona/.ile. kaolin and rutine were also found on the property. The deposits extend over 270 acres, all of which 'belong to two well known ; citizens of the county. A stock com-| pauv will the formed at once to mine ! the metal. APPEAL TO GOV. GLENN. j Wilmington Business Men Urge Equitable Adjustment of Rate Controversy. \YiIming'ton, N. C., October 31.? Fifty leading merchants, manUfae, hirers and business men of this city I tonight telegraphed Governor Glen':i, of'North Carolina, now in Atlanta, Ga., for the purpose of considering wit h the governors of two other states railroad litigation in !he south, the following message, which he has been ro<|ues'tcd to read at t'l\o meeting: " Southern crops are plentiful and Southern commercial and industrial conditions never intrinsically sounder. Agitation has ruthlessly depressed lvalues, causing congestion and inabil-* lily |o move crops with expedition. ( Restoration of confidence essential for the south to realize full values ! for its great products. We believe it is in tno power ol. the conference to | restore eoivfideuce in n great measure ! by an equitable adjustment of the 1 rate controversy. The south can save | the situation by wise action at this juncture. You are appealed to as patriots and statesmen who "have deeply at heart the well being of tli? whole people." COL HUNT'S SUCCESSOR NAMED J. C. Lusk, of Atlanta, to bo Located In Charleston. Washington, October 111.?The following announcements were officially made by the Southern liailwya today: li. W. Hunt, division passenger auenf, Charleston, S. promoted to ]iosition of assistant general passenger agent, Atlanta. Ga. J. C. Lusk, division passenger agent, Atlanta, Ga., transferred to Charleston, S. ?0., to snceeod Mr. Hunt, dames Freeman, division passenger agent, Jacksonville, Fla., transferred to Atlanla, Ga., to succeed Mr. Lusk. J. NT. Harrison, Western passenger age.it, Houston, Texas, transferred to Jacksonville, Fla., to Succeed Mr. Freeman. A.p- ' point moms effective Novemlhor 1st, 1007. I'. IT. McG. KNOXVILLE GOES DRY Ono Hundred Saloons Were Closed There Last Week. Knoxvil'le, Tenn., October ill.? More than one hundred saloons in KnoxvilJe closed tonight as a result of the application of the Pendleton law, by which cities of Tennessee can reincorporate without 'having the saloon. The city is quiet and whiskeys are not being sold at any price. The people voted on the law by special legislative enactment last March. THE NOTABLE EVENT OF 1907. S THE SECOND ANNUAL GEORGIA-CAROLINA 5 FAIR i fi The great Two-States Exhibition at Augusta, Ga. NOVEMBER 4-9 1 Agricultural and Industrial?County, Club and Individua m Exhibits of the resources of Georgia and South Carolina. Over $4,000 in Premiums?Great Exhibition of the newest and most advanced Farming and Agricultural Machinery. For the first time in the South the great labor-saving Cotton Picking Machine will be in operation daily during the Fair. MagnificenfDisplay of Poultry and Pet Stock?the greatest ~ ever exhibited in the Southland. Great Cotton Parade?$500 in Special Prizes. Splendid display of Cattle and Live Stock. j Attractions and Amusements?First United States Artillery Band, the finest in the South engaged especially for this occasion at a cost of over $1,500. ne Running. Trotting and Pacing Races for large Purses. F Over $4,000 in Purses. ? The j reatest Football Game of the Season?University of p Georgia vs Clemson College. Special Trains. j_ A variety of Free Amusements, including "Dare Devil v Doherty." Free Balloon Ascensions?Twice Daily. n The Largest and Finest Midway ever brought South. a Remember the Dates, November 4 to 9. ^ Ijow Mates F'rom. A.11 Points. 0 For Further Information apply to FRANK E. BEANE, Secretary, Augusta, Ga. v (CONDENSED) STATEMENT \ ?OF? | t THE COMMERCIAL BANK OF NEWBERRY, S. C., under call of State Bank Examiner at close of. business September 17, 1907. RESOURCES. Loans and discounts - $406,831 16 Overdrafts 5,653 08 Furntiure and fixtures - - - - 3,116 93 Cash and sight exchange - 42,172 36 ( $457,773 53 LIABILITIES. Capital Stock $ 50,000 00 Undivided profits (less expenses paid) - 49,484 84 Dividends (unpaid) 1,030 00 Cashier's checks - 103 88 v Due Banks 858 38 Bills payable 20,000 00 c Individual deposits 336,296 43 f $457,773 53 JNO. M. KINARD, Pres. O. B. MAYER, Vlce-Pres. J. Y. MoFALL. Cashier j 4 Per Cent. I Interest Paid in our Savings Department. CALL ON ] Irooiiis I Ruff , ' AT TIIE H ij HERALD & NEWS j I Box Paper, | I Tablets, Pencils, | I Pens arid Ink, jl h Soaps, 1J I Fine Extracts, If 1 j &c., &c. I I In fact anything you need along that line. 1 j CIGARS AND TOBACCO, |j 1 Don't forget to call on them. |j I They are also agents for Columbia Steam |j \ * I / tatement of the condition of The Exchange Bank of Newberry, S. C., Sept. 17th, 1907, in response to call of State Bank Examiner. illjv receivable ?219,605 64 ' Capital stock $50,000 00 verdrafts .r>,iSo 75 { ^>lirl)'us *6,460 74 . i Cashier's Checks 269 84 x llv- 1 Dividends unpaid 87 50 ash on hand and due j HiHs payable 75,"00 00 0111 other Banks $ 10,193 92 Deposits 106,799 15 $238,617 23) $238,617 23 Watch lis grow. We pay 4 per cent, interest in our Savings Departcnt compounded Semi-annually. HIE EXCHANGE BANK D. Davhnpout, GKO. B. CROMKR, M. I/. Sri-:AKMAN, President. Attorney. Cashier. \V. B. Wai.i.ack, Asst. Cashier. OSTO. essxt. [lie People's National Honk Prosperity, S. C. 'aid Up Capital - $25,000 00 Jurplus and Individual Profits $6,000 00 stockholders' Liabilities . . $25,000 00 ror protection of depositors. I. C. Moseley, President. M. A. Carlisle, Vice-President /. W. Wheeler, Cashier. Geo. Johnstone, Attorney. Better a conservative interest on your deposit with its safe sturn when wanted, than a high rate and a feeling of doubt bout the principal. A National Bank is a safe Deposit. Government supervision lakes it so. Likewise our Board of Directors is a guarantee f prudent conservative management. DIRECTORS: G. W. Bowers. W. P. Pugh. J. A. C. Kibler. Jno. B. Fellers. R. L. Luther. W. A. Moseley. M. A. Carlisle. Geo. Johnstone. J. H. Hunter. H. C. Moseley. J. P. Bowers. /Ve allow 4 percent, per annum in our Savings Department, interest payable semi annually. YOUR BANKING! THE NEWBERRY SAVINGS BANK. Capital $50,000 - Surplus $30,000 No Matter How Small, No Matter How Large, The Newberry Savings Bank vili give it careful attention. This massage ipplies to the men and the women alike. JAS. McINTOSH, J. E. NORWOOD, President. Cashier. The first Cougb of tke Season, Ivven though not severe, has a tendency to irritate the sensi . tive membranes of the throat and delicate bronchial tubes. _ Coughs then come easy all winter, every time you take the 5 slightest cold. Cure the first cough before it has a chance to ^ set up an inflamation in the delicate capillary air tubes of the ?? ^ lungs. The best remedy is QUICK RKI,IKK COUOII V ^ SYRUP. It at once gets right at tin; seat of trouble, and re- ^ moves the cause. It is free from Morphine and is as safe tor ? y a child as for an adult. 25 cents at ^ I MAYES' DRUG STORE. EVERY ONE DOESN'T INHERIT MONEY, i j| Some have to dig, and dig hard, for their j j ji share But if you will utilize our Savings De- j. j i| partment and lay up a portion of your earn- < |j j ings you will soon have an "inheritance' of t |! [j your own. Open an account in this Bank to- j [j [j day and take a step upward. !j [] j Today's prudence is tomorrow's pleasure. ; 1) The Bank of Prosperity, j Prosperity, 8. C. [ I j Dr. Geo. Y. Hunter, Pres't. Dr. J. S. Wheeler, V. Pres. ? 1 | J. F. Browne, Cashier. J. A. Counts, Asst. Cashr. j j j