The Anderson daily intelligencer. (Anderson, S.C.) 1914-1915, February 21, 1914, Page PAGE SIX, Image 6
Financial and
New York C*t.fc6n
Mi?iMtt&??il* 0 I'l l-. , . 4 i
Now Vork, Feb. .20.?After, sbqwlngM
considerable steadiness during"today s
early trading, cotton ruled Off under J
realizing for the three day adjourn
ment on scattering selling which ap-|
peered to be promoted by spinners. ]
The market closed steady at an ad
vance of 1 point on May, but generally
urtebnnged to ? pointa lower. Busl
ness .'was, more active. during. ..early I
trading and there appeared to be a
vurytfair, it somewhat scattering dc
ina;ui. Liverpool cables ware better
than due and houses with Liverpool
connections were buyers or old crop
months her?, presumably to undo
Htreddlers. There was also covering
for over Washington's birthday, and
some little demand from local traders
who. were looking ror a bullish week
end statement and an improved Spot
demand, with tho beginning or work
on March commitments.' After open
ing ?teady at an advent;*" of. 4. pr ,
points on thla buying, aotivo old crop.j
mpnths sold' about 0 points and the
new crop & or 6 net higher, although
there - was some Hofilhg of -October
and houses who were buying May and
'July contracts. Realizing checked tho
advance around 12.04 for May con
tracts, and demand became less ac
tive by ' r >. phc of Liverpool Prices
coure 4 .y eased ofT and p.ttejla.ty,<
be?amo a Uttlo more:. general jiftor
publication or the week-ehd/ilgnr?a '
Mgreh and the now, crop months jwere
^relatively easy, .pn. flip d,eql|he,aad ?f
ter having maintained a premium of
around 20 points earlier in the day,
tcb closed about/' 27 points over
3T>e Now York market will ro
l-?lo*cd from today until next
May. .. -
cotton futures closed steady. ... t: ; I
. Open High Low. Close I
>far?.t .'. .. -f?S? 12,35 ' 12.fl. 7U.23,
.Y2t&l 12.04 lift n'M
tuber . iu,5ffl.ii.4?,-M^;
NewXJii?^C?lt?i.'
' ' ' ^'?? tediiJl
New Orle?ni},' &?b; 20.?qotton .loiay]
Placed "slwis 'or'a^ld^^^
Mill 'takings for the week, however,
wijrc signs oC ^.deoWcd tailing off.
st. 282,000 bales agalnBt 347,000 this
w?.ek>st year1 and 454,000 this . week
two rears ago, and the selling that;}
resulted was moro than tho, market]
could absorb. ' '
Attb? ;2tl?host of tho day, the trad
ing, montas were t iq t points up*
Atter tho,poAtfq* .at t^e week's. i*ks
arod with .yestorjiay's. last quo
i?i ; Tho close was at, a net lose
of^to * pufntd.< .?>?f'r' .! ?. : -
yillt^'dtSj hft;
verpool Cotton
Liverpool. '1^^t?W-Ufftat!
In fair demand; prk?c3 Arm,, middling
tair; 7.7.I; good, middling, 7.4:.; mid
dling, i ^ppw-'middUng, e.75; good
ordinary, fi.Hi ordinary; iB.47. Sales,
H.ooo. including.7,600 American ana"
n,m'ttt stfec^
cojpis, i i.000, including 7,600 Amorl
eaSy Futures clo?e?'.tiulQt: Febr. -,
ai*; 8.6S tr?;. Fob-March, 6.6*;* March
April, ?,?*!-?.
Cotton Seed Oil
Now York, Feb. 20.- Cotton seed
oil today was easier under" Scattered
lato in the session on room coloring.
A .largo part or the day's trading was
in tho waw nf i-itch?sg. F?a?? prices
woro 2 ptftnts lower to 1: net hlfhor.
CbttottGoods *****
;< ; . ?i? .'ir'i
f?ew rYork?: Fob; Wi?~Dry goods
market today, r?ere. generally nulet
with some enelslQnipra
ed and gray, c?ttoos..forfJu^ itsUVc
rifes.. Silks wore ocWe, "WeeUmark
ots were strong with more -buying
reported jn foreign wools."
Sea Island Cotton
?arleston. S C? Fob. 20.?Soa Ie-J
cotton: Receipts. 224; exports
41766. Weokly-.quotations: ^Jftancy.
22 1-2; extra choice, 22; choice, 21;
extra ?no, ao -ira; ..flop. ?? 1-2.
Stock-?ndB?nd. .
I rttilt?h. ?o.-^Tbe only ' sanV
blanec of Ufo (n tho stock market to
day was derived frnmy^I'^pjMn?ii?w
of shares with ? [ small speculative
following wbieh .ordinarily ,d}?y sn
unimportant part In the dealings,
Thw?v,^ks.moYprt ijjr^^ .r^i
fleeting ' no 'general tendency.
There Was ? good, undertone and
tho market was,not influenced by soil
ing hcr? Tor foreign account London
disposed of about 10,000 shares on
bajanev With ? p/o^sofl session to
morrow and n holiday qa Monday,
professional traders "do hot wish tO
>|?Msai now ijngs. .the day'* tran
a^apia. v wipra T^i* - email 6'si of the
year.
Ruinely shares gavo way sharply.
tiu? ?praf?w>d rUxcjiklnxJ poiojui, .RoUkJ
l-dand common, st 5 u-8, and tho pre
ferred a{ 9 "l-s; rcachod *th? irrest,
points at which Uies^. :tdSUea. ever j
sold. Central .leather developed heav- !
iRo'ssv following publication of Its an
nual re?ott, wbtah revealed ?. de
crease of e^?4ee\ea^n^BM income.
J. 1. visse proferred ma le up'5 pointa
of. Its. rerent decline .American ice
Commercial
lar %rise, ffyotuoted, -ey rtMcuVu clos
ing ?l?k u,'Jpa*,of, fbqut i POju??,!
Known movements of currency dur
Iuk tlic week indicated only a small
i?tst--mojlt jailed ,ror an increase ju
cash folding* or ft\?OO,OO0. Tlie large
total of new financing by (be rail
roads within (he last few qays wan j
incrected by the sale by Southern
Kailwoy of $19.000,000 or 5 per cent,
throw year notes and 13,000,000. ten
year equipment trust notes.
The bond market was quiet..l'hune
i',s '.vcre. .unimportant, except in tue1
case or llock Island issues, which 1
advanced sharply. Total salon of
bqnds, par vnjue, 92,800,000. l,u|t<'d|
States bonds were unchanged on call.
Total safes were 108,700 shares.
Chicago Grain
ana Provigioiia
. Chicagp,Ecb,. ^o.^Ileylval of ,qx
port demand today bad a strengthen
ing influence on wheat. Except Tor
an occasional -slight lapse, the mar
ket was bisher throughout the day,
land closed'steady with a '. gain of I
j p, Shade.. .Corn tin Island 1-2 Gi) .5-8 to
0-8 up and oats at an advance of 1-8
1-1 to M,gbut provisions off 2 1-2
fp 5 to 7 gr?.
Money Market
New York, Fob. 20.?CnJl money
steady, J 3-i ? 2 ; ruling rate, 1 3-4;
closing, 1 3-4 & 2.. Time loans, ateady;
alxty days, 21-2 ^3-4; ninety'days,
2 3-4 % 3;', si* months. 8 1-8-<f? 1-2.
Mercantile ipaper, 3 1-4. ? A .1-2 Star-!
iiug exchange steady; alxty days,
4.83.7.",; deni?hd, $4.85.90. Commer
cial bills, 4.83. Bar silver. 57 1-2.
Mexican .. dollars, .45. Government
bonds ataaayi -railroad bonds Irregu
lar. ,??>?,
Now York, Feb. 20.?The cotton'
Ipaarltct baa .to'ad another quiet .week.,1
Wfffteisss :
some Bcatterm'g"#onWd. ?n?gb Uni
May and July contracts slightly above '
.lu points from the low record. Buy
Wi<ttf^>w2?MWt,V>^ by
ports of continued stcadlneas in
outbecu spot markets and talk of
wrke^wpoT commitments for March
shipment, but th0 demand did not be
opnij general or .^grpasUe. and
pri.-Gii hujvn since fluctuated irregu
I Many local traders .bellovo' the I
[straddle Tu)es; Bhori of May or July!
en redni
differences be
^between nwoths
uto .to the uncer
tainty M aantftpoht as .expressed
uroiind the local ring, and as reflet
od in the apathy Of general business.
Moreover, both sides of ordinary mar-1
"bet.uncertainties' are boing empha
sltnd. Th-52. ?Z78Z src. prs?i?Uas?lB
ad' pyoeabM ot low, grades Tiiip,
pproacl: lue putottng season,
.viiilo othera predict that March com
miMucnts, arc hnAvi- enough e?usr
fau jWiarp advance. Nearly tin .traders
[s-tticips^ ... Li^?rmo?viiBjMfjrjri^.?l)|a j
spring, ann-axtcmlve cultivation, but.
it la alaoorealised that all this do-1
;>ends largely on the weather, and;
_some predict a late spring,-following
^ comparatively open winter.
'. Meann'hilo few profess to see any
nunediate ,pressure of actual. onjttapj
or any urgency of Immediate demanav
and the. general ruling of the market
has do.u'otlaaa reflected a disposition to
await fresh developments.
ent.
zo ?secretary i
Mnatnr's stwr^rn%t, ex Aba jitiW+JW-j
Ib1e?aupp1| W 35o?lon ?aawi? ~toW
^^ aTjF^ ?r,? w? jnat
?lo?od Q dtm^ihA h *~i<i?>~
?-r. '
m
mi
total
\Veek, "I,
WM?
vlsro?o
wnfldw
lows ' an incroaso
.*?*k of tfjtti. on ftcroasnl
vlth last year of 517,546.
_ .world's visiblesupply, pf,c.ot
,.fore^ is ^low aflo tl and iield In
iront HrHaln and continental
it^?oae/vwiraiast 3,i?.vSoo
roar;, in Jtop*v.$5*.000.
4)Wv^r?*?r; lp-India, 8r
^*5jW0 'fast year: and In ibo ,v .
States. 1372.G00 againit l,?32,000
**oar. < ..y
57 ? if r. MOOD STAKT.
In the A'ftcmpt to. Braag6&?
WoVlfl.^
<^lumbla. Feb. 20^-With the mem
,hor* of itbe.^outh. AAr?ihm bona? ot
? I i .?.?.., it,< J.,-1 il
Washington, Feb. 20 ?Secretary i
Harrison tonight UMide public a letter,
to Chairman' Adatnson of the House
committee on Interstate and Foreign
Commerce, which embodies the water
power policy of the national adminis
tration as it has been approved by
.President Wilson. The secretary an
nounced that In tho controversy pver
the rights of the States and the fede
ral government, he had decided ' to
"adopt ?"PjQlipy Which, recognize* thoi
equitable sphere of eaclt"
Accompanying .the letter was a]
draft of a now ?ci representing ,the|
admlnlstiation'a views on water pro
Jecta ii navigable etrcauis. The plan
wpu'd Veuulrc those w'hb vwtohed toi
clora a stream for water power pur
poses- to obtain the right to do so i
from .the public utility commissionsi
of the various States, and presopt'
their application* to the federal .gov
ernment after showing-that the appli
cants are duly incorporated public |
Utilities. Power, of regulation would
be retained by the fedora! govern
ment and the war department would
be vested with diasfAtaooMsy right to i
issue permits only-to those States
which have. publie. utllitlcH laws im
posing reasonalblo charges" and prop- j
pr safeguards..to the public interest1.
, prlefly speakJug, it provides that
those who wish to dam a navigable
stream, und incidentally, create water
power,,rouBt, as at present, obtain the
right so to do from trelr State, then
must obtain authority from .the con
gross. The company seeking this I
right raihfct.be a public uttility com-1
pany and subject to laws regulating
.public' utilities, sq< that .Its operations 1
muy >be legally controlled- The State
In which tills company is incorporated.
Or in w,ftlCH,Jii operate*'.-1 must Tor the I
protection o ?be ioopU? Und the pre- I
protection of the people, ond the -prc- B
use* bave provm^.?>o^mUt??Qp.., or
bbdy authorised ?nd pmpo>y?rc^ ,prppn
crly, to rejgplate'public: utlflfljoa ofB
t^M obaractor, ar^'such'body or Hiiili '
daw. must have prpvldod .proper regu
lations .to tho cnu iuqu tlie, company
shall make proper, use of the utility,
give proper' service, make .only rcas-|
onabie charges, and otherwise con
duct .Itself In a way to conserve the <
right of the poople in the use of the
public utility. In all cases whore
these provisions have been complied I
with, the secretary of war way issue
the permit, the franchise or right may ]
be for any period up to fifty years."
W*nte Use of Southern League's
; Grounds Daring Ensuing
Season
} *d'; i-^>n? '? * .r>r wW*K4tt34te?
i >i~(i}y Associated Press)
. LUtlo iiock. Ark., .Feb. a^p^^MHttl
[osItiyH.fcpntaloing Um , terms' po which
Mho i Southorn fJaseball Association |
will agree to the Dlj?le l^asue.ptUfsr?!
ing the Southern'baseball field and
using Southern Association plants In
l&lu, will be submitted by repreaen
.tatlvea "* ^iLpirttL' Lin?ptT it. tboj
schedule nieeunf'of*tne Southorn AS- \
soclatlon at Mobile tom'orrow.
President William M. Kavauaugh, i
matting, aiwponxcia; jft?e ter?? to^be j
offered.
T$e Disle^orffaajs-iioiii pian? to en- I
TB3^u??%^
era circuit?Memphis, Now Orleans.;
Atlanta, Nashville, Birmingham and j
Chattanooga. Little Rook and Shreve
.port are to cowpletp the Dixfe; cir-J
cult leaving Mobile afcd lVfdP|g6mery to
carry only Southern 'fceagufe'' t??hjs,1'
The newcomers ofer'itO put' Pp !; a'
guarantee of $50.1 v , that they '?wilpj
not lijflict pnanolSl injory >oni i*tbb|
Souther*. ,l%m ^eyarant^ >to cover:wa|
^a^swjfh?y elaoioiV-- i
o *pay WCfaliqspb?S??tfiB>eiube. ;6 , pop I
cent intereat on tbr .r investments ln i
tbolr planta-InAho^i.pltles. * I
lu reply ta tTie propositions, the
Southdro^'ttfflciata jWilJ demand that!
in the ente*-IT ~j8roi
iTiio total va
parka in the
, JJTCO.OOO.
. SSM? - .^iiMinumATivn
(By Asqo?latcd Press.)
" Charkulon, S. C., Fnh. 23.^-Judg?'
Si. A. M Smith. In the United.S-Ut w
"et court, today, raj?uapd nkt?fr "
ipe'ra>it?eorge ?bw, ? i
jru ..syrlan^on th^g^ujtd^j
t{ie yeaning of. tpn^ntj?f "c<
ttlkl qualitieittl
: >-. of Southern league
:o cWoe ia .estimated ebj
greaa^boari
uwjiii
tFfiTi.
(By .^atorrfeted Tresa)
W.^RIs^.iFah ^'-TciLj?n-H
cts. one, ea?jhv -In Boa . Wgnblgflhy
to
u?ni?^
(ifn'mi
cupl?d
felgg custodian fo| Jlft,
CHINA
, March 10 next will ecu "the beginning|
of the third year of the Chinese rcpub
|e. The revoutlon broke out at Wu
thang October ip. 1HU., . but Yuan
Shlh Kai wie not Inaugurated pro
visional -president of the provlsiooul
republic until March 10, J91?. The
October date has !>ecu officially desig
nated n? the anniversary qf the repub.
lie's b<rth. Just as we honor July 4,
bbr^lhinaV record or achievements, of
advance utepa taken top .hastily, of
retrogression here, real progrusb
there, in lfer new political find civic
phase, tnprp properly begins with. |
Yuen's oath {takln k In ivking.
Chipa,,opce ho dlsiiuit, bo little'
JM^'* ao4?r 'r.cnf6>cii Yrom^Ue #iih
?eutury currents of .political and com
mercial Ufo, po steeped in . her own
fcrncliuiOa^pot iiigi,.iSilm^\iWW,
China .tpday Ik alivo, with her., face
act .tQ^jJrd ,tbe future, She la ?clpse jl
to,, aim -, fx -vital, '.and. her. mtoxagtfi 'are i
pur. interests. The gavant wh?. so.long
browsed aJpjic flirpugb Cm myuteripus'
r^r/?-ol,Q^tw,novv Jinda Af^?eJf fU.'b,-:
ping elBdH^^nwith. a growing .army .pf
alert Ameriqaps who want to .'kuo^
all .there ie to know about the big "new ,
??b? or j.hq republic, the ,efforts,^o, r,e-'![
store pedee apd order, hcj rpsourepa,'.]
Der trade, etc. The country napl
moved Jfoutwt'it'. ?B.9?,U,l4Uv.'; rvttli?, of
the .Sunday' feature htpry to. tbu.pul
and psieep..
Now that tin; republic has bcgu&to!
shake idoJvia..int(?..Uie. ipoid, #i 'itf.'jp'M>
natural limitations, man><;ev?lrt>^<if
her ,ycar '4u#.closing appear .the'.anti
thesis ,^.,jii^qq^cy...-.^or ,&S(aac?.>'
Yu;m:?;jrp?ih>}idcd suppression,pf the
prov.n?i?Ltre?olt of last .July-and A?V
gust .Indicated tho 'doam^tlmie', of,,p
Bismarck rather .than,. t'H> .bom volei *
adnt'kkite?|k>n^o< a $%ahM|ct0a? ttftt
it became cje'ar to the ,wosl<r;;! ?fba't-'|
(luang 1 Ising'? revolt .vas the scheme;
of'a .fow provincial ?v, j>ot^.,to.ae,ajQyi
upr?stwltt^ciqntrol of i jg^vdry .jjmc ;
popored '^ft wlii?h the. ropub^, we/,
created ,io abolish, be revolt wa?;.
put..down within. t>vo months, .partly*
beaauso ..oJ'...Pro?idont Yu^s. and .Vice',
l'uwdcn't Li Yuan Ilunjjps"prompt a,nd
effective ^military nicaja^rea, and |
ly .because of the refusal of the.
iind Nuno.merchants of.-'South China. to i
llnance the-tcvolutjonlyM- .They .ga;j(c.|
their all for .a nation-wide crusade
against the Alanehus and thb petr?led '
?ocnia whjfjhj they represented, .but I
they lefue^d.ald to,th'e^pjjrtlclans jyho1
umi?r'^&e ^btwrioV pr*~'itn$i)P*.. jftgh'ts,.!
sought to ,wade through the .blood or
Mrtdtara,* an^ 4.4jeasanta?.iU>ward that
haven OF'grafters?decentralized. cpa
trol .aPd.'immunity from the auditors
of beklag: , , a . . I
Perhaps the nioat pictuteBcojc.pad]
draiuatjp expat of Chi
if^n^puhlb
^4Wns jott'^pj
tbllcists,;or
uite diaiit
ImW?t and. even
l^F 'OpenlAg of X
RlSpj^e u4l
ns?d- On the r
Jara^wark?^.
China,, apd those
frg'ni there, whet
NgifgraM,
?0o salons whb^^??pf the fcyo
tang pur.tr, followed "hy the.cHeso
of the whole.eWjnna and tp? ri
??^t!>l.Bi>f OJ df|?airifpp>andmin.
ilvo council of Iqss th?n 80. mem
I?S'??gSld thj^j fipr.the country.^ .
Tiiey point otsjj !tnat tlio parilavhpnt
^aa p^matuv^lgtt' that such a'bpdy
^ ouid have b^^i^nw??l.dy in any
intfy. . ?ir ceaflBWM. o>, 600. aenajMre*
and ?00 rci'rcsentatiyes. - It w?
made up of two.oy evnii three weil^op
gapUqd pomloffimmb^but of ?tc#
eral -'facllo .'.uitly sJiiftln
'{R^iNKlf"''
I
Ay I
iy\
rs-l
DrafiJQy
pjcrging, dismal
witJU no deOnilo :ppii
clplea.
.The- bigcat s^p
ajDTl?ki, and
government by
Kran
pvor
|atqr
Pf eppr
only a
the. bei?
patlpn.
work lu fia>).
Ltfain^d solop?
a man -to the .
rotontha of
tegialativo
The Outs
|J*reahfent ofua
Mlng-Ung, rc8ii
(?v'-ealddnt'H
Mr
: lowed by un
[lass than cl
lanipntklkiae*
peme?R?i
Hon, ttiQnnlUb^i
in Ta von of aJ
aa In]
bad
egls
oirs,
4?>lP:
pyed I
against
^JttS^im Kuo
iiittiiiHtely in tho
jetton. ; WUqther
vo jtouncU of
which wen
c chlot mag
fa itttarta '. ftal|
.. . r conn
time the
M, WS
TODAY
ever hin Im,f fron. tills source, it
?(as mor? than sufficient to meet all
fixed charges. Including the payment
year, ^bo^o^^fn^^'lrao'? was
over imAMMo.totyrth4\m*iafee
still slightly iOffajwr of Upsets, how
ever. The reorgaais?d Walt .tax ays
tern under Sir Richard Dane, directed
jointly by foreigner* and (finest) tor
the. purpose o fmeeflbg the interest
charges on the fl26.Ou0,<WO loan, fa
exceeding all expectations la spite of)
Bon? ^relluxlnury bppglUig end We
prj?ae racial misunderat^dta. Rrp
vinoial UxeB a>b , beginning to Opw
steadily into the Peking coffers, due
to. the i-uppreasion of the counter JCe-,
volution of last July >aud Yuen's skll-t
fql 'placing jot officials, whom -he can
trust (n advantageous points through-;
out flie eighteen ^provinces..
, Until January oi .this year, the ire-:
pptric's- ofliclals have been accepting
paytcumt 60 per cent, in cash and 40
per wot }n hands. This Is a wbo|e-.
sale tucrlftco lot ?atttjeh, Ith?, wpcjd ?t
large 'aas .hearS little.. (WUh.4he litt-.,
ihg of 'the financial cloud .somewhat:
came a partial .relief to office,holdem,
so that how all nmo earn ?4P0 and'
over a month receive 80 per cept. in
eash and/20 per ??ttt in bonds, white
those .Whose pay ils 4?0t> .or vver >dra w
DO .per cent, in monpy and. the. balance.
In bonds... All officials and employees
earning .lass .than AjJOp a njgnth?and;
tljey lire in .the vast, majority?axe
now -paid in. full. A .model n system,
of publk* auditing has been sgre'edi
upou, hatt its adoption rcven In Peking,
still to be made general, with still.
-Its in the, var,Uw<pr^vjuic->
the Rtrppsr ^olleotion. and
%M43?P*% ^WR1 ?nan-,
|ty and com
scubBed for
'it i? interest
ha? ,tW..lo.)v?'Et
sc
i
is>conn?
; to 'know j that Cuw?
actual and .per xsaplta u^U^aal .dfebt of
1 'gr^t^smMttfi^- .-lacludm? .th?
F)ve 4*?wer toah of A^,0^0^-0%
and the small private Austrian nota
tion,of ^a?" tall, it how y^a>
?34-0?i>.'a per capital o,? only.Jtl.66.pt
tlb Japan, with a population of les:>:
:tiiau.^o,0004M)0>ts compared tP.?^!gars
4?Q,0Q0.?00 people, 0wesitwicc,?^?&2
iFrgnce has.a national $obt fitW?%-i
208.000, while, the .Germans stagger!
under a .load of S7?1,G7. in coin pari sou,
to the Chinaman's $1.86.
; ARE ^^FfOCATE3^\
k?pped by Fright from JKW-j
lucky to S?mter?Val?ed j
at$1^0Cnch
..4, w.,,.^y,:'Aa?^f?ted .?res?)
.. .Suinter,. ^C.,..,yob. ^O.?T^q ttmr-;
cyghbred hprsos op ihpir way to the
.Suinter Jirorsp. pJxo'w vpejrci su?oe^ted:
while, being '.shipped ..here
tij&M, K>\ T"e shhr *
pi a Shipment pf ;eigfti
purchaser, i-toda^y sjai.ed i
%r.^hs^;.po^i^^ at^abjv. n
rujiM prevented 'Ahe ..side,-Op?r. .
ten.open. when, the-car. rea
c, ten pf,,t!ie, eighteen,^bj^U-,
,-jk'd und.ahQ.thcr hud developed
pns^mmnjg. Mi.. yrefe. 'high ? prfcptf,
horses and two wore valued at $1,000
each.. , :
Dun'. Weekly Review. \
' (By Ass^clajtod .Press.)
New..'TT?'r?. '2:.???u? ?iev;t,w;
of today, says; ,.,
., "Weather conditions Were un im^
portant, factor In .the. business sltm?
^tonjhls Jveek. -?bc?nt 's??rnis im:
li?ded ri?troail ir?fll? ?n/j retarded
the distVibuilon lof morchan?lse, yet
Certain, lines of trade -heneflttcd by
heavy shnss&ll and xero tertip?r
.Thorc was a ?ndtaple. .in-i
In the tuoyem?nt ?f .f??4*sa^
~ L^^UJspparoi, wbiioruei.
uter demand. , ^ ,
jeOit. in coiiimercial 'Md in
channela .conij^ihs QMff?bmc
?nces ?l.lmprpvin^.cbrid(tipni.>
ws^ii^, This .-./^A.'^^nmnK
t?(to or wool, sal. oivJ^liich cpntmt?fi
large at edvancinV^?>Ma> ' A miter*
laflrpdmion''tiwk'Wbtfm In ehp
pl??o atj /^C
h'_ ^-.1 ._, - .
fthm? *i?it_
scarce. Bothi cotton And wtjobin m??b?l
\ are well emplQH?d ae{a>raie and pros
pects, ioxo considered npfflWtite-:
"FallUraH ?hitz wi??
in ,?m United ?taten agaipVt ^hvM
year.$nd'SO^fn (Canada, ccimpared,with
2-7 a yo^f ago,
10 1
ajnsjiiy anc\ Ben^^fiholsco,',toOay
*l?r^l^?dTm? bOt'tny "S?6atd> IK da
yon. Three commissioners in any
district might d?cide a case which
could be anrpArtsa t?':the entire com
mission.
i ti i?ji? f WfEimitt - BA^Blfft
n. y.. ariil -i?.-^s.ii/
wr. and all 'banners and .
lnscrlptlhCra yO^^iJ^i^
in character, ^wiHJ>e forbidden
_ Jtt^fwQB|^'!3?pi ?ntwdWIagec il
bill Introduced today by Assembly
ji^ian Pholan, paisses. Vhe use )of the
Insttddat lif hh. such oe^adloae ?rodle
jlw 1a^de idbtlgatoiy. .
?WS STE A??S ~ A8K0B
aavera
km *ha vsaael 'trfoi^t '*a^
?rar? notthegjit ?totm ,*fXe<dMr-?
wpi .tho stfe? w^Uai??uotlil
Waningfon. 'f ob '*),?The Prosl-j
(U.nt record? the bii? creating frh
teri&tc frado connuJsBion as Uio ??n
I tral flg?'r.c. ?f ift'? trust prograrp. Hp
'safd a ( recent study of tlic ^'utdto
creating the b?re'au pi cbnwratt??e,
had convinced rjhji that this p'ur#Ur
;kad 'ihu?h 'greater 'power? t'aah g?ner-',
.ally waa realized. He believed .how
ever, that the trade coiijunlsalon
shuuid include the toiieau, of cbrpora
itons and that additional duties
'should, be g?vep to. the commission.
. Mr." yVT|fjon im^i^^ :^ talks
tliat seribuo consideration ,lBd been
; given in the (rpiqk of the Irust lfcg-j_
islattpn tP provftip?B that wpbld pro^l
toot .small... b?ldn?sB concerna trouiT
Btatptes vrqHtb\?pg . tirade >rr?jfg?-i1
tars and for ifya reason[ SfA not jie-i
Jteve It. was practfeabie to exenipi ?ll
nrniB 'tinder lfi,{K?,<rOO lh .capitaliza
tion Hfata the Y^pbjitqr'lal process of
the (ntdresj?te . trade .couirplsBfrfn as |
prvPpKcd but that ^ome other plan'
would "be Worked oujt.
Tub IwoBC InUici^ry vub-eoinniit
tee virtually completed, the. holding
610, the fourth of the mea*nms. rrojr 1
[the iudjclary ^committee fpr.fh? ex!
I ministration 'trust legislation program I
Flrfish tq?cMea w'lTl be given the
bin ,air> it '.will lie introduced "proba-1
bly by ^he :Bm of next ,w?<k.
,The sdb^TOmmttt?e 'H considering
!en?l may -agr?? Ho redraft aft four or
its measures,/tooso dealing with ijold
companleB, mterlpctilng cllrcctor
^eW^k>nBana;??n^ftionBbfi
j of trade., into onp^rfl.rfo'be'
, id St the conclusion of hcar-'
Wngs scheduled for the last of the
w?gt. '*
The 'hbJdU?g cpiupany bll^sA treated
would pr?btbK-tfch existence of "hord
ing , corations. It foJ?sdpts 'fibm1
the (riUib'itioh such concerns as the!
great, lite insurance CQmpan'i?B.
^o?se^
m.i-y??.-g? So, regulate stock, and boriuT
Ij'isBues 'before Uie house cotnniittec ohi
interstate commerce. .
Chairman Ol?rk was doubtful br the
expediency of the 'proposal 'lb ex?rpj-*
issuance, of short t?rth notes frbin '$c
eiajL -superviBlbn, saying if Oi?y ws?
.excepted, there might be, expected 4
Tollb^^rJolfca*^ H
feeue;refundidg paper. He thought
It might leadito fnteference with legl-'
tlnbitc r?gulation. He urged legis
iai?h amoiididg the 'Hepburn act r
lp06 Bp that^b?'comnlttsl?n cb?^?'ln
lier'records
^e and bib-1
v?stig?tc the books
.pf the r^iavitliriTf
or rpWs back of;t
''he 'issue es to 'Wl
r to 1800 werel
' rbught out WUb? the! ?ffifvtnt*
Hhvili?, now in a mandhmujj pjfo-'
in.g to" bnfOTce"th?" C?Tn^lflft?fl'B'
us sorted right.
MT. Clark expressed the pelfcf that
VMth.'.the 'prdpo^^trel of qapUal
llxatlnn; people ^buh? h:;v.. ai?re.corr
ig?e in Btocka and, bbbd?, ?eefl?
Tallroad? Were brgan??V? 'as
?rprises %rr tran?porta
and not for ma&Iput?tlbnTiy Vf m
?t^eeUf Ho s?ld the h?w'generation
in,. handJU,g rallroau pr?per^ftt?txi
Pd,more w^;?p"preciat(te oT ?o how
dor of buaib?ae v?tilles. . * kdjlroetf
people Jtoday. ho add?d, wobid acor n t;>
dp .tho thinga 4hat once 'were" c?held
Heerings b?fore both committees of
?be V?oUB? probably will eioee the 'las*!
lot aext^eek.
CBEK SIGNED BY OB1?I??.
(Dy
Uultlmorc,
Philadelphia, Fob. 20.?The achedulc
IP-tttP <PIftJaa?lpMla A^rihan t?aghol
baseball club for ' '
[U:h>.itoo!{rttji -.*?hs a:
panes ii'avc .' bc-n
regttUics. ^CJioy
wWi jthe vChica]??^
RMpMBKg's^ill ^pt?y
.lii?hntopd '-jML^
h'iars ;wUi ; arrive '?t
auoutM?nohS.
1ns tr?inihk
on? wltlt
J^nsacqia; .ri?./ . ar?b
Iroqfclyn Federal vLoftguo. clan- <bi
'-^ed a deal f?r.the baseball pork
CHAMSBKBLA1N S
Kov. lam? A.?4*\wla,, JAilaea,
|,M?nn.. wrttfe^' tJaallfwrtSra^ Cough
f jamedy bas been a -needed aed -wel
cowa 31b?st In our U^aJiitA'^MBf^
<-? ffajtje?.. riia?ab^iecdnja^
io ,my 40UOWP as >fh1g' ?
wmlhT ' ?Vf ' triril ii? etfjKuif lev
worthy rdt tri^i in 'c?tses ^pf
->aghe ifipd *r(?p.,f CJlve dhamlie?
-' vlik??dyA'.li*al su
' you wlil sied il
aBwml?vs d*
*??zx. :5vr?v;*?f. .
Sav$a
HR &
sill
rseif
Will'be don
w?fer 'tfr? strongest
tee.
>terros-;$2 down fcffd
month.
Anderson Gas Co,
* PHARMACY
F?tf? Dollars Reward
the largest Water Melon
VrVorn our seed. We have
\ WATSON, KLECfCLEY
D MONTE CRISTO.
i' for introduction
packages of
???y now water melons
he given free to any
friends who
Pant's ?6ok; Store;
.1
Grates
Wo bave a Urge asaortinout from
Wwk? io i?wb?. liCt Ub Biiow yqu
an* help ycu ylau your fire-plncB
for IaoIe? end domfort.
tJtmer Minitel &
Sleoklsy Building 1
AN?Bite?N, S. C.
When you/need .glasses you natur
ally vi'&nt t?o boat 'and at a living
price. ?Mjj-M horc ?s where you koi
'both, as well as the jorvicfea of a
gradpate Optrqmetrlat with twonty
ye^ra.. egperte?ce. Eiam'lnatibn
EycSJglt SpecIalUt.
^ar 'Evans rftsrroaey ' *?. '?,
W?H ?auSe headaches.
Glasses properly fitted v t]se only
remedy. Let ine fit tlsem for you*
I. tf? ft l'or Jess pioriey and guar
farilee satisfaction.
Chu*
Na
_~?
!t has bew ?ited that a bur's
stomach M nls boiler his body is his
engine and his .ctputh the are boa.
Is stotir boiler (ototnach) In good
wpi ?<ingj order or is it so weuk that
it, a?UI nojt stand's foil load and 'tot
ftt,-? Md&SP **?WJ*ray to
ronr engine (boftyi? If yon have
laayA^otiWe with your stomach, Cham
?bertgln's Tablets >lll do yon -goon.
rassy^lt^enK?teQ sad Invigorate the
istpntach and enable u to'do its work
fta*uraUy. Many vety rcmatxable
Sgfflfe** atospuih,trouble havegaga