The Horry herald. (Conway, S.C.) 1886-1923, November 04, 1909, Image 4
COTTON JUMPS
Mranced $5 to $6 Per Bale During
the Past Week.
THE SOUTH BENEFITTED
Conviction Is Growing That Crop
Will Ilo Short and Prices Will Go
v..? .(J..
M l-l i vvuniuvuiMir \im*
ing and Speculation as to the
Final Results.
The past week was a wild week
in cotton, with a jump of fr7> to $'*>
a halo, says a dispatch from New
York. This was based on a growing
conviction that it is a short crop
and that there is nothing for it but
much higher prices before the season
is ended. Whether this advance
will culminate by the end of the
calendar year is, of course, a matter
for the future to determine, but
hulls arc talking of a crop only 10,000,000
to 1 1,500,000, though It is
not clear how the consumption can
reach such a figure unless the pres- j
ent figures are too low. Only 1.
4 00,000 bales of American cotton
were carried over from last Reason,
but while there may be a disagreeinent
as to the precise size of the
crop and the consumption, the belief
is almost universal that the
yield is at any rate only moderate
and inadequate to the needs of the I
world's cotton trade. It is argued,
too, that if the cotton crop of the
South is to be worth this year some
$800,000,000, the purchasing power
of the South will be greatly increased
and with the high prices
which Western farmers are obtaining
for their grain it will greatly stimu- ;
late the use of cotton goods and en- i
able manufacturers to obtain prices
more than commensurate with the
high prices of raw material.
There are those who think a new J
era of cotton values has set in and
that there is not likely to be much
permanent decline in the price until
there is a radical increase in
the production through an increased
cultivation of a vast area at the
Southwest suitable for cotton culture.
The story is that Patten, Gates,
Hayne, Scales, Drown and other interests
have been big buyers and
though taking profits from time to
tjlme still remain very bullish in
their convictions. Many other operators
in Chicago, New Orleans, MemIWnll
rx ?w 1 T I i.I Vi ?i
jiiim, >> nil niMxv anu utn u
also bought. The Waldorf-Astoria
contingent and metal trades also, it
appears, still have been buying. Cotton
is one of the chief topics, rivaling
steel, at the clubs and big hotels.
Exports have been large , cotton
goods are active * and rising and
Liverpool straddlers, in some cases
at least, appear to have got hold of
the hot end of the poker. In other
words, it is said there was a very
large amount of this arbitrage business
originally done by selling in
New York and buying in Liverpool.
The liquidation of such utraddles
by buying here and selling in Liverpool
explains in part the strength
of prices, and the sluggishness or
weakness of Liverpool.
On the other hand it is feared
that this speculation is too much of
a wild-fire affair. There Is said to
be less pyramiding than there was
last spring and summer, but for all
that the market is by many considered
dangerous. They seriously
doubt whether the recent advance is
justified. The receipts at the ports
are largo and the weekly movement
into sight suggests to some the idea
that the crop is being underestimated.
The stock here is rapidly increasing.
Though the movement to
curtail production has thus far failed
in the North of any very substantial
results, some 160 Georgia
mills have agreed to -reduce production
and it is argued that it is
only a question of time, if prices
continue to advance, when widespread
curtailment will be imperative.
It is urged, too, that after
an advance within a week or something
like 100 to 1 2f? points a sharp
reaction is to be expected at almost
any time. For the past few
days, however, there was more big
buying, followed by a rout of the
bears and the Liverpool arbitragers,
and a sharp rise in prices.
K1LL8 SERVANT BY MISTAKE.
\V. A. lludgens of Starr Shot Nogvc
I Woman for Burglar.
Mistaking her for a burglar, W. A
Hudgens, cashier of the Bank o
niarr, oinrr, r>. v;., nnoi simi inmani
ly killed Martha Young, his colons
servant, a few nights ago.
{Mr. Hud gens was alone at honn
when he heard some one enter tin
kitchen. He hailed the intruder and
receiving no response, fired twie<
at the object. A person fell to tin
floor, death resulting instantly.
Oo -investigation Mr. Hudgen
found the victim to be his servan
who had eome into the kitchen t<
arrange some milk. An inquest wa
held and Mr. Hudgens was exonerat
ed. He greatly deplores the trage
dy.
MILLS IMPORT COTTON
MKSSHS. TOWNSKNI) AX I) SMITH
111'V KAST INDIAN PRODUCT.
If Shorter Staple Proves Satisfactory
It Is Said I^irgc Orders Will be
Placed at Once.
President II. C. Town send of the
i Townsend twine mills and President
Ellison A. Smith of the IVlzer
cotton mill have placed orders for
several hundred bales of East India
cotton, says a dispatch from Anderson.
It is reported that other mills
| in the Piedmont section have also
J done likewise.
j The Indian cotton is of a shorter!
' sl:inln lluin fh?> mtl.'iiwi CoMiwi lint I
is as white and smooth. The mills
are going to experiment with this
cotton and if it works sutistacforily.
and the mill men are confident it
will, large orders will be placed at
once.
It is said the experiment is being
made with this cotton on account of
the high price of American cotton.
The Indian cotton was bought at
11 1-8 cents f. o. b. New York. The
freight to Anderson is 0 6 cents per
100 pounds. This cotton can, therefore,
be laid down at Anderson for
| about 11 1-4 cents, while the American
cotton is bringing 14 1-4 there
now. The saving of 2 cents per
pound will be a big item with trie
mills and, If the experiment proves
satisfactory, arrangements will be
made to bring large shipments from
an Indian port direct to Charleston. ,
by which 2o cents per 100 pounds ,
will be saved. " .
c?iaii Iii;st<) n i )k ai i? :hs
Doubt Prnctacubility of Importing
Kast Indian Cotton.
A special to The State from
Charleston says advices have been
received in Charleston in the form
of inquiries from the upper part of
South Carolina with regard to the
importation of East Indian cotton as
a substitute for the American staple
with a view of the introduction
of this cotton in the manufacture of
goods in this section but little s- **ms
to be known in Charleston regarding
the matter.
It is said that President Ellison
Smyth of the Pelzer mills and President
H. C. Townsend of the Townsend
twine mills have placed orders
I for several hundred bales of the cotton
and that other mills in Anderson
were doing or thinking about
doing the same thing. The importa
uuu ui itiv cut tun ? intii ID ui oavi vri
staple will be, of course, in the nature
of an experiment and, accordins;
to what has been learned in
Charleston, it is not known whether
the experiment will prove a success
or not.
Inquiry among some cotton people
elicited some doubt as to the success
ot' the scheme. It is said that
the East Indian cotton can be delivered
at the mills in South Carolina
about 2 cents a pound cheaper.
This is a close margin in the minds
of the handlers of the American
staple who seem to think that th<*
moment that there Is any special demand
created for the foreign raised
cotton it will jump in price and pracj
tlcally cost tin? mill people as much
I money as the American staple a 1'
though less desirable,
j As to the proposed importation of
I the cotton through the port of Charleston,
nothing is known here suv?\
as just stated, that inquiries have
been received about it. The Chari
lest on custom house has not been
| advised of the coming of any forI
cign cotton cargoes, and the ship
I brokers here have not been informed
of any cotton of the kind being on
the voyage.
In Charleston where so much capj
ital is invested in the cotton mill
innnufacture, much interest will atI
tend the experiment about to be
! made in upper South Carolina.
QL'KKX HKIjIKVKH COOK
| Alexandra HxpivsNCs Her Confidence
in His Veracity.
A dispatch from Hamilton. Mont.,
j says Queen Alexandra of Kngland,
j through a message, received a few
days ago from Dr. Maurice Francis
; ivgan, American minister 10 wn!
mark, convoyed her greetings to Dr.
Frederick A. Cook and expressed
absolute confidence in his polar
I
, | achievement.
Dr. Cook in an address at Ha mil;
ton, Mont., a few nights ago, denounced
the tactics of his opponents
as unfair, and vigorously defended
1 his contention that ho ascended
-(Mount McKlnley. Hp declared monJ
: py was used corruptly iu obtaining
certain aflldavits against hiin.
p | Hamilton is the home of Bdward
e J N. Mariill, the only man with Dr.
, j Cook at Mount McKinley. Harrill
a i made a sworn statement that l)r.
n | Cook never reached the summit of
! Mount McKinley.
s Dr. Cook was enthusiastically rot
eolved and his address was gencrousj
ly applauded. Dr. Cook thanked his
s large audience for its reception and
- assured his hearers he would go up
- the mountain again and obtain proofs
' thut he had made the first ascent. *
t
MEETING CALLED
Pellagra Convention Will Meet in Columbia
This Week.
INTEREST WIDESPREAD
Tlioiv will Ik1 Hundreds of Physicians
From South ( inolinu hiuI Other
Suites Present*?Addrewses Will
He Made and the Subjeet Thoroughly
Discussed.
The pellagra national convention
looms large on the horizon of the
present weeks activities, says The
Columbia State. It will be one of
the greatest events in the medical
history of this State, and an epoch
in scientific research. Last week
John I). Rockefeller gave $1,000,000
for the elimination of the hookworm
from American soil; after the convention
to be held this week in Columbia,
the probabilities tire that
some man of great wealth, wh o feels j
that in the possession of that wealth j
he is the Stewart of It for the benefit
of his fellow men, will announce
the donation of a largo sum to be
devoted to exhaustive investigation
of pellagra, the discovery of its cause
and method of staying its ravages.
During the week past letters have
been coming to the men who have
the conference arrangements in
charge front men prominent in tinmedical
world, and the number who
.'?V fit, f It ft fit It., twit.-. f.. ............ I
DCIJ Ul' J IHl ? t |? ? | / v 1 O LU lit ill
the conference lias liwonio so great
that it will not bo possible for all
[ho papers to bo read and discussed
in the time provided for the contention.
It is unite possible that the
conference will be prolonged until
Friday evening. In any event, the
papers presented will find their way
Into the medical journals of the
United States, and there is no doubt
that much light will be thrown on
the subject.
The newspapers throughout the
United States east of the Kooky
mountains now almost daily carry
stories of the appearance of pellegnt
in various sections of the United
States, but always east of the Kocky
mountains. From beyond the western
slope of the Rookies thus far no
report of its appearance has come.
The result of the agitation is that
instead of scoies of physicians coining
to the conference, the medical
men will come by the hundreds. The
next convention after the one approaching
will be a still greater one.
Where it will be held will probably
be decided at the approaching meeting.
For the conference in Columbia
next Wednesday and Thursday tribute
has already been laid npon the
greatest medical minds of not only
U ( n n.l .........
vvci j ouuiuri 11 qkuu aim iuun>
Northern States, but of Egypt, England,
France, Mexico and the West
Indies, and the committee in charge
is in receipt of several additional
papers, together with information of
still more from the highest authorities.
Dr. James Nevins Hyde of Chicago,
one of the greatest authorities
on the skin, will be present at
all the sessions and will give slide
demonstrations of skin disease/* allied
to pellagra.
The interest the United states
marine hospital and public health
service is takiiig in the conference
is indicated by the following letter,
received by Dr. 1 la brock.
"Dear Doctor: On account of the
great importance of the subject of
pellagra and in view of the more
extended studies which this service
expects to make of the disease, 1
have arranged to have Dr. Held
Hunt, chief of the division of pharmacology,
and Passed Assistant Surgon
John D. Dong of the hygienic laboratory,
also attend the conference
i on pellagra to be held In Columbia.
I trust that you will have a profitable
meeting.
"Very respectfully,
"Walter Wyman,
"Surgeon General."
Drs. Hunt and Long are detailed
In addition to Drs. Kerr and Lavinder,
who will read papers.
Friday morning Dr. Howard Fox
oi mo vanaernnt cunic nixi hkiii
and cancer hoBpital, Now York city,
arrived in Columbia to make special
observations on pellagra cases to
complete his paper for tlie* conference.
Dr. Beverly R. Tucker, of Richmond,
Va., has written that he expects
to he in attendance at the
national pellagra convention to he
held in Columbia next Wednesday
and Thursday, and will present sit
this meeting a statistical report as
far as possible, of all cases of pellagra
in Virginia.
I)r. Tucker has, at the request of
Dr. E. G. Williams, State health officer
of Virginia, formulated a set of
questions to he sent to all physicians
in Virginia who have attended
cases of pellagra. From the replies
to these questions he hopes to make
a comparative report of the Virginia
cases at the Columbia meeting.
Additional Information will he submitted
by Dr. Williams, medical superintendent
of the asylum at Kingston,
Jamaica, about the recognition
of pellagra in that institution.
Dr. J. M. Buchanan of the Mis
KILLED BY BROTHER
shooting in lkxington that
pitovki> fatal.
The Corouvr's Jury Returned a Verdirt
of Accidental Shooting and
Kxouerntos Slayer.
A dispatch from Lexington says
news reached there late Saturday
afternoon that Kosk Boozer, a white
man about L'S years old. had been
shot and Instantly killed by his
younger brother. Daly Boozer, at the
home oi i ho lormer, about iu miles
from Dexington. The killing occurred
about f> o'clock and in said
to have been an accident. The entire
load entered the mouth and face
of the unfoitunate man, making a
ghastly wound, it is said. Information
from the scene of the killing
is hard to get and meagre, but it
is understtod that Daly Boozer
claims that he was cleaning up an
old gun when the weapon was discharged.
There was no one at the
house when the killing occurred except
Ross Boozer, his wife and Daly
Boozer. It Js said that the woman
asserts that the killing was an accident.
Ross Boozer had been married only
about a year, and is said to have
been of a peaceable and quiet disposition.
*
A later dispatch from Ix'xington
says an inquest was held Sunday
morning by Coroner B. D. Clarke
over the body of Ross Boozer, the
young white farmer, who was killed
by his brother, Daly Boozer, at
the former's home ten miles from
Lexington, late Saturday afternoon.
The jury returned a verdict of accidental
killing.
There were only two witnesses
sworn at the Inquest, Daly Boozer,
who did the shooting, and Mrs. Josie
Boozer, wife of the unfortunate man
that was killed. ICach swore that
the killing was an accident. It sterns
from their testimony that Ross Boozer
was lying on the floor picking
peanuts when he was shot. Daly
Boozer was trying to extricate a shell
from an old single-barrel breechloader
and attempted to breech it, when
it was suddenly discharged. The entire
load took effect In the mouth,
passing downward through the heart,
and death was instantaneous.
Ross Boozer was buried Sunday
afternoon at St. Thomas church, in
the Dutch Fork. He leaves a wife
but no children.
FIXED $05,000 IN TEXAS.
Standard Oil Confessed Violation
Anti-Trust Laws.
At Austin, Texas, the Standard
Oil Company of Indiana was Tuesday
fined $Gfi,000 in the district
court, for the violation of the Texas
Anti-Trust Law.
The Security Oil Company and the
Navarro Refining Company confess
cm 1 to having entered into a combine
in violation of the Texas Anti-Trust
laws and judgment, amounting to
about $175,000 was entered against
the companion. Forfeit urea ot' charters,
permits and ousters from the
State will at once he prepared by
the court and executed. The su?t3
against the Standard Oil Company
of New Jersey and the National
Transit Company were dismissed
without prosecution. The Union
Tank Line Company was fined for
.the value of sixty-five tank cars
of oil, which are now in possession
of U>e State. *
IHC? LOSS FROM COTTON SKKI).
CI em son Hotanist Reports on the
Authranose Disease.
The report of Rotanist Bnrre, ot
Clemson, to Commissioner Watson
on the anthranose disease In cotton
seed shows that the State is losing
$5,000,000 annually, and Georgia
$14,500,000 ami that th?' disease is
spreading. The remedy is to pick
out the? good seed and plant only
where there was no cotton crop the
year before. Commissioner Watson
and those working v,,ih him *ill
present a bill to the legislature providing
for an inspection of seed
along with inspections of other grains
to protect farmers.
Train Hits Automobile.
A dispatch from New York says
Dr. William J. Torwilliger and Robert
Welch, a real estate dealer, both
of Rroowlyn, were instantly killed,
and Gilbert Rhodes, a lawyer student
of Milton, N. Y., was probably
fatally injured when nn automobile
in which they wero riding was struck
by a Long Island passenger train at
Lynnbrook, L. I., Sunday.
slssippi asylum at Meridian will con1
tribute a paper on pellagra in his
State.
Application having boon made to
tho State board of health by colored
physicians for the privilege of ati
tending the conference, State Health
Oilieer Williams has decided t<* set
unit ft n t^ortlon r?f tho crullorv of the
assembly hall at the State Hospital
for tho Insane for colored physi.
clans, nurses and clergymen.
The question of a permanent nati
lonal organization for the study of
pellagra will he brought up during
the conference. *
4s
f Bank of
A CONWA1
w OipitAl Stock
fOepONitu
Total Asset*
DlllKC
J. A. McDermott, J
iL T. McNeill, B. G. C
]!: tlebaum, Hal. L. h
<f>
/|\ The oldeflt Hank in Hon
ilk ollna. Associated with, the rii
the puHt decade. Our. |>oliry
jj the "Independent Republic."
I|lj to our customers every . reuse
flk tent with sound hanking. We
A als, Arms and corporations.
'IS D. A. SI'IVKY.
Vice-Hroaident.
rt i\K OF
( on wa'
m
CAPITAL STOCK
SURPLU8
UAIilLlTY OF STOCKHOLDERS.
SECURITY TO DEPOSITORS
DIKHC
Robert H. Scarborough
H. L. Huck,
George .b Holiday,
W a i nr t mi a* < * ' ??
? v 1V4UHJ I'V i* J o> ' J'* J l-CIII JllU'irt
it youracoount
ROBERT B. RCARBOHOIGH, H
I'RESIDENT. ^
THEWORLDS GREATEST SEWING MACHINE
h JJGHT RUNNING. ^
HwE
m f \ \
Ifyou wantelthera VlbrfttlngHhuttle. Rotary
fehuttle or a Hlurlo Thread [ Chain ijdtc/i J
Sewing Machine write to
THi NEW HCME SEWINI MACHINE COMPANT
Orange, Maas.
Many sewing machine* are made to sell regard)*** Qf
quality, but the Blew Horn* l? made to wear.
Our guaranty never run* out.
Meld by authorised dealer* only*
roK BALK BY
lUJllHOUttlis .* UAiiUNS CO.,
Conway, H. C.
PKOFKSS1CNAL CABI>8.
U M tt'tUtmiiAun
Attorney and Councelor At Lav
CONWAY, 8. O.
O. K. ST. AM AND,
Attorney at Lav*
Conway, 8. G.
K. B. HCAHBltOtlOH
CONWAY, 8. V.
Attorney at Uw
I
W. K. MrCOItll. I
gUltCKON DKXTIS'I
CONWAY. 8. C
!
Over Bank of Horry
I
H. II. BURKOIH3T1B
Physician and Surgeon.
I
CONWAY, 8. 0. |
B. WOFFOKD WAIT j
Attorney at liAn
t
i
ftf\v\r i v a r>
IV/Vfn It i? I I it. V. I
!
i
- ,
Keek Hubstitute for (\>tton.
A dispatch from Berlin, Germany,
says owing to the high price of cot-j
ton the German textile experts have
been turning their attention to other
fibres that might be used as a sub,
stitute. Hecently a spinning company
at (ihemltz has .succeeded hi i
spinning the fibre contained in the
seeds of the Kapok, or silk cotton
tree of the tropics.
Neutrals think to tread on eggs
and break none.?German. ,
I
Conway $
r. s. o. w
9.10,000.00 W
150,000.00 fjk
250,000.00 /K
JTORS T
no. C. Spivey, D. A
lollins, C. P. Quat- jgx
tuck, D. A. Spivey.
y and a pioneer in Kuatorn CJar- u\
ipid pro^reHK of our County for Mji
Imh boon for the upbuilding of
With this in view we extend
uiublc accommodation coiinih- f|\
bolicit the lucoum* of individu- to
1
HAL. L. BVCK,
Cashier. $
? .. .. ? - >
HOHKY,
y. 8, C.
$ 50 00?
10 00?
50 Ou?
110 000
:i ors
W. R. Lewis,
W. A. Johnson,
Will A Freeman,
t on yearly dejxjhita, ttiivr holicL
BUCK, MllE A. FBEF.\T '?
vice President. .('abhike
A MODEL Hl'SBAM).
What His (j(H)d Wife Hays About
His Good tonalities.
Samuel W. Vail Noetran, who was
adjudged the "model husband" at
the second annual "hubby show,"
held at the home of Mrs. James
Sidney McCullough. of Chicago, has
received from his wife credit for
being the possessor of all the virtues
necessary to make au ideal
mate.
"Other than possessing the almost
super-husband quality of being goodnatured
before breakfast," said Mrs.
Van Nostran, "my husband allows
me to carry the family pocket book
and declares, just as if he meant
it, that my cooking is so far above
'other s' efforts in the culinary line
that there could be no compromise.
If that is not glory enough for one
woman, I would like to know what
is."
The complete list of desirable
qualities attributed to her husband
by Mrs. Van Nostran are: Prompt
iu mi-alp, koou emeriainer, ana aaept
with the chafing dish, good judge
of feminine beauty, generous and
kind-hearted, enjoys home more
than the club, happiest when among
friends.
Mr. Van Nostran, who also received
the prize for his almost womanly
ability to sew on a button is thirtylive
years old and has been married
nine years.
A NEW VARIETY OF COTTON.
Which In Declared to be as Good as
Sea island.
Mr. S. A. Hums, a prosperous
Anderson county farmer, has discovered
a new and valuable variety of
cotton. \b /lit two yearn ago he noticed
in one of his fields an unusually
large and well fruited stalk of cotton.
He watched it all year, and in
the fall, when the bolls began to
open he saw that they woro very
large and that the staple seemed to
be of better quality than the rest of
the cotton in the field. He carefully
picked and seeded all the lint and
sent a sample of it to Cloinson College.
The college authorities reported
that the staple was a new variety
to them; that it was equally as good
as the Sen Island stnple, and urged
Mr. Burns to plant of the seed of
the new variety separate from all
other cotton, and send them a sample
at the end of another year. Mr.
Burns did so, and secured enough
seed to furnish the Clemson people
soino to experiment with it, and to
plant some himself.
At Clemson this year there is a
tenth of an acre planted in the new
variety, and Mr. Burns has a somewhat
larger tract. The cotton at
both places is showing up beautifully.
The yield is large, tho bolls being
unusually full, and there has ftp
parentiy been no falling off in the
Htnple. The Clemson people nay the
cotton in worth at least 25 cents
per pound. They think Mr. Burns
has discovered a new variety of upland
long staple cotton, and thoy ure
expecting great things of It.
Mr. Burns says he does not know
where the seed same from originally.
Ho had bought seed from several
different sources that year, and he
noticed only one stalk of this particular
kind. Ho will know definitely
by next fall If the discovery Is
of as great a value as the oxperts
at Clemson College think It Is. 6
Everything new Is beautiful.?Italian.