Historical Newspapers of South Carolina

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

j Commen?ai . New York Cotton. ' NEW YORK, Feb. 3.-rotton was lower today under more or less realiz ing from Wall Street and western sources, with the close barely steady Ut a decline of ll to 13 points. . The market opaned steady at an advance of 2 to 4 points on overnight buying orders attracted by the strength of late yesterday und i. sympathy with the steady showing of Liverpool. There appeared to be aome demand from trade interests ns well as scattered commission house buying after the call, but tho market, soon turned easter under heavy sell ing. The unsettled and nervous ruling of the grain market may have been part ly responsible for liquidation of cot ton by houses with western connec tons, and except for some New Or leans selling herc during the early trading, there appeared to be no of ferings of consequence from southern sohrces. Advices received In Washing ton reported a declined market for cotton in Bremen and there were re potts of declining freight rates from gulf ports. Spot cotton quiet; middling uplands 8.60. Sales none. Cotton futures closed barely steady: Open high low closn March.8.72 8.70 8.59 8.58 | Kay.8.98 8.989 8.82 8.82 July.9.17 9.17 9.00 9.01 October.9.39 9.40 9.24 9.25 December .. ..9 93 9.53 9.38 9.38 -o New Orleans Cotton. NEW ORLEANS, Fob. 3.-Liquida tion of the long interest worked against Ute price of cotton today. At the lowest the trading months wero li to 14 points under yesterday find prises and the close was at a net loss of 8 to 13 points. ! . The steadiness ot the market at tba decline was due to the amount of fresh buying orders. This buying was Stimulated by the strength ot south ern spot markets and the continued . aeavy export movement. Shipments this week promise to be the largest of any week this season, the total tana far 343,792 bales. 'Exporters said that a further rise in risk rates had been announc ed. Beare considered this an un favorable feature, but shippers did not tamk lt would Interfere with the outward movement. ' Spot cotton steady, unchanged. Sales on tho spot 1,400 bales; to ar rive .?.760. Cotton futures closing: Matea 3.24; May 8.63; July 8.71; - October ?.??; December 9.13. CoHon Seed Oil. NEW YORK, Fab. 3.-Cotton seed ?*1 adv*.need a couple of points early oh Short covering In March, lut later ike Hst turned easy under tailing by refiners Md scattered liquidation by timid longs on the decline in lard and grams. Final prices were 3 to 0 points net lower. Bales 15,000 bar rels. The market closed easier. Spot 7.05 #7.25; February 7.13*7.16; March 7.3067.21; April 7.26?7.29; May 7.31 07.38; Jene 7.40(?7.42; July 7.60? 7^1; August 7.6167.62; September 7.8807.76. md Financial j \ Stocks and Bonds. NEW YORK. Feb. 3.-The ou Ut and ing feature of today's dull and Irregu- 1 lar stock murket was it* extremely professional character. Trading was ulmoHt ontrely given over tu that" faction and there wus a quiet, but persistent pressure upon leading is sues for tlie greuter part of the ?es- 1 sion. * United States Steel, which led yes- 1 terduy's rise, kept weil ubove its new minimum, most of the selling being ' concentrated upon Reudiug und Cnnu- ' dian Pacific. These stocks, particular ly Reading, manifested some heavl- - ii"HH In the London market, where tin? international Hst. with few exceptions, tended towards u lower level. There were some contrary move ments In the industrial and speclul groups, petroleum Bhures adding tu recent gains on reports of another . advance In the price of the crude pro- ( duct. Fertilizer Issues also scored < substantial advances, while the Hugur , stocks declined precipitately during , mid-session. Closing prices in I, many inHtances were below those of I ? yesterday. , Cereal markets attracted less at ten- \ lion, although Muy wheut once more ? moved In sensational fashion, suffer- ? lng a severe decline at the close. Un- , official advice? suggested a continu- , ance of the lurge foreign demand for our foodstuffs and cotton. Trade authorities report a better j feeling this week In the steel indus try, the more important companion expecting a further increase running , Into, March. n The feature of the bond market, j which reflected the contraction In stocks, was the introduction to tho | board of tho new Pennsylvania Rail- ? road 4 1-2 per cen* which sold at their , recent high prices. Otherwise the price movement was Irregular. Total sales, par value, aggregated $1,969,- i OOO. Dry Goods. i . NEW YORK. Feb.3.-Men's wear J were today opened by the American ; Woolen Company for fall 1915 dellv-I ery. Advances ranging from 7 l-2c to : 2iic a yard over were announced. Thei ?hurpest advances were on cloths j mude of low-grade wools. Worsted yarns were quiet and irregular. Spot \ burlap was in good demand. -o-' , i Liverpool Cotton. LIVERPOOL, Feb. 3.-Cotton, Boot, easier, good mdidlng 5.41; mddlng 5.07; low mddlng 4.66. Sales 8,000; specula'on and export 1,000. Recepts 43.074. . - ... Futures steady. May-June 4.95 1-2: Inly-August 5.03 1-2} October-No vember 5.14; January-February 5.19 1-2. -o Chicago Grain. CHICAGO, Feb. 3.-Fluctations cov ering a range of 9 1-4 cents demoralis ed wheat today and finally left prices unstrung ut 4 3-8 to 5 3-4 under last night. Other net losses were: Corn 2 1-4 to 2 3-8?2 12; oats 1 7-8?2 to 2 1-8, and provisions 5 to 20c. In a selling panic at the outset, wheat fell 8 1-2 to :.G6 3-4, and then shot up to 1.66, a new high record of the war season. Wild rumors of im nediate probable opening of the Dar- j lanelles and of peace moves were hlefly responsible for the collapse it the start. Grain nnd provisions closing: WHEAT-May 1.59 1-4; July 1.38 1-8. COHN-May 81; July 82 7-8. CASH GRAIN- Wheat. No. 2 red. 1.58? 1.65; No. 2 hard. 1.58&1.65. -. Live Stock. CHICAGO. Feb. 3- Hogs higher, lulk 7.05&7.20; light 6.85ft 7.20; mlx .d G.85&7.25; heavy C.70??7.25; rough ;.70it6.80; pigs 5.60@6.75. Cattle finn. Native steers 5.80OT 1.35; cowH and heifers 3.20*58 25; -Ulves 8.25 ?11.75. Sheep strong.' Sheap fi.25&7.15; ^earlings 7.2fi?i8.10; lambs 7.50??P9.10. WI ST ALL POO?. v?LR INTERESTS (CONTINUED FROM PAGE ONE.) let of men has one bet of interests and mother set of men has another set >f Interests; the more I feel the soli larity of the nation, tin- impossibility jf separating one interest from anoth er without misconceiving it, the neces *ity thut we should all understand ano another In order that we may. understand ourselves. There is an Il lustration which I have used u great many times. I will use lt again, be cause lt is the most serviceable to my mind. Wc often speak of a man who cannot lind his way in some lunglc or some desert as having lost himself. Did you never reflect that that, is the only thing ho has not lost? Ho Is there. He lost the rest of the world. He bas no fixed point from which to steer. He does not know which is north, whl i ls south, which Is east, which west; and, if lie did know, he IB rn confused that he would not know In which of those directions his goal lay; and, therefore, following his heart be walks in o great circle from right to left and romes back to where he started, to himself again. Praises Organization. "To my mind it lu u picture of the world. If you have lost other inter est.. and do not know the relation of your own interests to those other in terests, then you do not understand your own interests and have lost yours. What you want ls orientation, relationship to the points of the com pass, relationship to the other people in tho world, vital connections which have for the time being been sever ed And so I am particularly glad to express my admiration for the kind of organlation which you have drawn together. "I have at'.ended banquets of cham bers of commerce In various parts of the country and have got the Im pression at each ot those banquets that there was only one city In the country. And lt baa seemed to me that . hese associations were meant in or der to destroy men's perspective, in order to destroy his sense ot relativo proportions; worst of all, If I may be permitted to say so, they were In tended to boost something in particu lar. 'Roosting' ts a very unhandsome thing,. Advancing enterprise ls a very handsome thing, but to exag gerate local merit in order to create disproportion in the general develop ment ls not a particularly handsome thing or a particularly Intelligent thing. Should Know the United Slates. "The advantage about a chamber of commerce of the United States 1B th it there ls only one way to boost Spring House-Cleaning Time Is Drawing Near ! \ Now is the time to prepare for Spring House-Cleaning, which will be with us in a very short time with all it's dirty work and germs. Why not turn over a new Jeaf; this Nineteen Fifteen and d& the work in a more systematic atifci sanitary way? . * And with a great deal less work and at the same time,'do a much better job of cleaning ? AU of these things can be accomplished with our Electric Vacuum Cleaner Drop in and let us show it to you tomorrow. We will be glad of the opportunity, and there is no obligation on your part what-, The price is only $25.00, b-u-t It's worth $50.00 You'll say the same after using itt . ^-VO^B Publie Utilities Co. WES?V WHITNER STREET "IT GLADDENS SOU jp FEET "TIZ" maine? torc, burning, tired feet fairly dance with delight Away go the ache? and pair?, the corns, callouses, blisters und bunions. " TIZ " drawi out the acids and poisons that puff up your feet. No matter how hard ?'ou work, how ong you dance, how far you walk, or how long you remain on your feet, "TIZ" bringa restful foot rom ford "TIZ" is won derful for tired, aching, swollen, smarting feet. Your feet just tingle for joy; shoes never hurt or teen tight. Oct a 25 cent bpx of "TIZ" now from any druggist or department store. End ;'oot torture forever-wear smaller allocs, :ecp your feet fresh, bweet and happy. the United States, and that la by seeing to it that tho conditions under which business is done throughout the coun try aro the best possible condi tions. ... "Moreover, the advantage of lt is that you cannot boost the United States in that way without under standing the United States. You learn a great deal. I agreed with a col league of mine in thc cabinet the oth er day that we have never ai bended in our lives before a school to com pare with that we were now attend ing for the purpose or gaining a liberal education. How to Learn the Truth. "Of course, I learn a great many things that aro not so. But the In teresting thing about it is this s Things that are not so do not match. If you hear enough of them you seo there 1B no pattern whatever; it is a pleeecrazy quilt. Whereas the truth always matohes piece for piece, with other p?rts of the truth. "No man can lie consistently, and he cannot He about)everything if he talks to you long. So that I would guarantee that If enough liars talk ed to you, you would get the truth, ?bt Mexican Experience,. "I had somewhat that experience about Mexico, abd that was about the only way In which I learned anything that was sp, for there have been vivid imaginations and many special inter ests wheh havo depicted things us they wished me to believe them to bo. "Now. seriously, the task- of this body is to watch all the facts * of business throughout the country, and Bee the vast and consistent pattern of then*, .., s .vi'-have -asked myself, beter I came here tonight, what ire fsftoit' you could bear to the govern ment of the United States and whut relation tho government could bear to you. There are two aspects and activities of the'government with which you will naturally come into most direct contact. The Government's Power. "The first tb the government's power of inquiry-systematic and disinter ested Inquiry-and, its power of scien tific assistance. You get on illustra tion of the lutter; for example, in thc department of agriculture. Has lt occurred to you, I wonder, that we are just upon the eve of a time when our department of agriculture will be of Infinite importance to the whole world? Should Plant More Grain. "There ls a shortage of food In tho world now. That shortage will be more serious a few months from now than ft ts now, lt is necessary that we should plant a great deal moro. It ls necessary that our land should yield more per acre than it does now. It is necessary that there should not be a plow or a spade idle in this coun try it the world ls to be fed. . . . "The origin and use of that depart ment is to Inform men of the last de velopments and disclosures of science, with regard to all the processes by which soils can be put to their proper use and their fertility made the great est possible. i "Similarly with the bureau of stand arda lt is ready to supply -those things by which .you can set forms, you cap state bases.,for all the scien tific processes ot business. A Bureau of Inform?t len? "The government of* the United States ls very properly a great in strumentality of Inquiry and informa tics. . . . We ougl t long ago to have sent the best eyes of the jovern tnent out ?i the world w?^re the op portunities end openings ot. Ameri can commerce and American genius were to be found. Other Ways ta Use Government. ,"But there are other ways of us ing the government of the United states. . . . ron can use the gov ernment, or thc United States by In fluencing Its legislation. That has been a ?er> active Industry, hut it has nat always been managed 4n the In terest ot the wholo people. It ls Very Instructive and useful for the gov ernment of the United States'to have such means as you ere ready to sup ply for getting ? sort oX< consensus of opinion which proceeds from no par ticular quarter, and originates with no particular interest, because infor mation h? the very foundation of all right action In legislation. . Rosiness Mea Caa Not Comp?sin. "Men on the- Inside nf business know how business i* conducted and they can not complMe ii mea on thc outside make nwt&kes about busi ness, it they du hot come from Ute in side and give tfaafelnd of advice which ls necessary. The trouble in the psst -for I think the thing ls changing very rapidly-baa generally been that they came with all their bristles ont They came ou the defensive. They came to nee, not What they could ac complish, but weat they could pre vent They did not come to guide, hut they cams? to block and (hst is of ao usc whatever to the general body pol itic. . . . A Splendid Side to Wax. "There are a great many dreadful things about 'war, as nobody needs to be told in tills ?lay of distress and of terror. Hut there is one thing about war which has a very splendid side, and that is the consciousness that a whole nation gets, that they must all act as a unit, for the nation; and when peace is as handsome as war. there will be no war. When men, I mean, engage in the pursuits of peece in the same spirit of self sacrifice, and of conscious service of the communi ty with which, at any rate, the com mon soldier engages in war, then ?hall there be wars no more. You haw moved the vanguard for the 1'nited StateB in the purposes of this association just a Httle nearer that Ideal. That is the reason* I sm here because I believe that. Asks For Adrice. v "There ls a specific matter about which, I, for one, want your advice. I>et me say, if I may say it without disrespect, that I do not think you arc prepared to give it right away. You will have to.make some rather extend ed inquiries before you are ready to give it. What I am thinking of is competition in foreign markets us be tween the merchants of different na tions. 'I speak of the subject with a cer tain degree of hesitation, because tho tiling farthest from my thought ls tak ing advantage of nations now dis abled from playing the full purt in that competition, and seeking a sud den selfish advantage because they are for the time being disabled.. Pray believe me, that we ought to elimi nate all that thought/from our minds and consider this matter as if we and tile other nations of tho world were in the normal circumstances of com merce. There is a normal circum stance of commerce in which we arc apparently at a disadvantage. Our Anti-Trust Laws. "Our anti-trusi laws apparently . . make it Illegal for merchants in the United States to form combina tions for tbe purpose of strengthening themselves In taking advantage of thc opportunities of foreign competi tion. That is a very serious matter for this reason: There ure some cor porations and some-firms, for all 1 know, whose business is great enough and whose resources are abundant enough to enable tbem to establish selling agencies in foreign countries, to enable them to extend the long credits which in some cases are neces sary in order to keep the trade which they desire; which enables. In other words, to organize their business in foreign territory'iri a way* which the smaller man can not afford to do. His business has not grown big enough to permit him to establish selling agen> cles. Tho export commission mer chant', perhaps, taxes him a little blt too high to an available competitive means of conducting and extending hie business. The question arises, therefore, how are the smaller mer chants, how are the younger and weaker corporations, .going to get a foothold as against the combinations which are permitted and even encour aged by foreign governments in this very Held ot competition. Is ?Front Missouri." y "American merchants feel that they are at a very considerable disadvant age in contending against that. Tho matter bas been many times brought to my attention and I have each time suspended judgment, because in this matter 'I am from Missouri.' and I want to be shown this: I want to be shown how that combination can be made and conducted in a way which won't ose it against the use Of every body who wants to use it. A combi nation has a tendency to exclude new members. . . '. "What I would like very much to be shown, therefore, 1B a method of cooperation which Is not a method of combination. . . Moat of our Combinations have a safety lock and you have to get the combination to get in. I want to know how these coop erative methods can I adopted for the benefit of every bot? y A ho wants to use them, and I say frankly, if I can be "hown that, I am for them. "If I wean not be shown that. I am against them, and I heston to add that hopefully I expect that I can be shown." The president said' that he hoped the organisation would take steps to discover the opinion of the small mer chante and bankers in . the country . districts On the subject. "Aa a matter of fact,"' he contln . ned, "you do not' have time to think In a city. It takes time to think. . . , Solid Thinking. "There are thinking spaces In this country, and some of the thinking done ls very solid thinking* Indeed; the thinking of the sort of men that we all love best, who think*for them selves, >who do pot see things aa they are told to see them, but look at them md see them for themselves. . Men with eyes end with' a . courage back of those eyes to tell what they see. Tho country in full of those men. . .. .". *SXp??icuC6 hos taught II li" J, thc president said, not to try to dominate any conference called to get the best solution of a problem because "com mon counsel" alway? brings the best results. . . . The Value of Cooperation. "It ls a splendid thing to be part of a gre.at wide-awake nation; lt Is a splendid thing to know that your own strength ls infinitely multiplied by the strength ot otho- men who love the country; it ira splendid thing to feel that the wholesome blood of a great country can he united in a common purpose and that by frankly looking one another In Ute face and taking counsel with one another, prejudices will drop awscajad handsome under standings will arise and a universal spirit of service will b?* engendered, and with this Increased sense of com munity of purpose will coma a vanity enhanced individual power of achieve ment for we will be elevated by the whola naas ot which we'constitute s part.* _ Secretar/ Brysm Hpeeks. Secretary Bryan adiffoSSud th? chamber of comm'ree today with s plea for support tor the administra Classified Want Advert; Twenty-five words or lesa, Que Ti Bia Times 51.00. ' All advertisement over twenty-flv word. Rates on 1,000 words to tlon. No advertisement taken for lest If roar name appears In the tels roar want ad to 821 and a bill will prompt payment. tion fillip bill and ratification of the Colombian treaty. "The present war has shown us the disadvantages to which we are sub jected when we rely upon foreign ships to carry our merchandise," said he. "The interruption of trade, Incident to any great war throws a heavy bur den upon the neutral nations. Steps have already been taken to largely in crease our merchant marine and the shipping bill is a still more important step toward independence upon the seas. Ships under government con trol will serve a double purpose, one permanent lu its nature and the other Important in an emergency such as now exists. Things to Consider. "The permanent advantage of gov ernment ships ls to be found in the fact that they can establish new trade routes, acting as pioneers and going where private ships would be afraid to venture. "In addition to our permanent needs we have urgent temporary demands to consider. There are numerous rea sons why the government should be prepared to meet such an emergency as that which now confronts ns. Our traffic ls Interrupted and available ships are so scarce that freight rates have risen enormonsly. Government competition would tend to prevent the injustice from which our commerce is now suffering." The Ship Parchase Bill. - Secretaary Bryan's approval of the government's ship purchase bill brought forth loud shout) of "no, no," and '"yes, yes'" from all parts of the ball. v "I am too well ir ware of the force of private interests." said Secretary Bryan, "to expect unanimity to the proposal for government ownership o* ships no niattir how much the people may wish it." Urges Legislation. Closer cooperation between busi ness men and the government was urged by President Jphn H. Fahey in his annual address. He suggested that many American commercial treaties were unsuitable, and that If the new federal trade commission could not perform the duties of a tariff commis sion a "positive means, for meeting tho needs" should be found. He urged the merubers to take an Interest in rural credit legislation, a budget system for national finances, a nation al labor exchange and means to In duce Immigrants to go to the farms. Resolutions were introduced call ing for the amending of the Income tax, water power legislation, more "business men in congress, giving the president power to veto separate items in appropriation bills, and mil ling upon the president to publish an opinion by the department of justice or some other source as to the extent to which exporters may lawfully co*\ operate. All were referred tb a com mittee. DELAY VOTE ON WOMAN SUFFRAGE Third Proposed Amendment to - Constitution Already Before Arkansas Legislature. (By AjBociated Pro?.) LITTLE. ROCK Ark.. Fob., 3.-Sub? mission of, woman suffrage to the voters ot Arkansas at the next general election wes delayed today When a petition proposing an amendment to the Initiative and referendum amend ment to the constitution was flied, with the secretary of state. - ? . Tho petition today makes the third proposedx constitutional amendment filed for submission to the voters at the r.axt general election.. Under the con? Rut! on ot the State only three such measures can be submitted to any one election. .The suffrage amendment cannot therefore bo submitted for two years. A resolution recommending that lt be submitted and pt usd the senate. A PERSONAL STATEMENT . There are so-called "honey end tar" preparations that cost the dealer half as much but sell at the same price as tho original and genuine Foley's Honey and Tar Compound. We neYer offer these imitations and'sub stitutos. * We know yon wilt buy Foley's whenever yon need a^cough syrup if you once use it- People come long distances for the true POLITY'S-over thirty years the lead ing remedy for coughs, colds, croup, whooping cough, bronchial and la grlppe coughs. Evans Pharmacy. Columns Ising Rates Im? 25 cont?, Thres'Tlme* M cent?, . words prorat? Cor each additional be used in a month made on appli than 15 cent?, cash tn advance. phone directory yow can telephone be malled after lt? Insertion tor WANTS WANTED-Clean cotton rags. The In telligencer Job Printing Depart ment. WANTED-To correspond, confi dentially, with anyone desirious ot becoming permanently cured ot the morphine or whiskey habit. Tho KEELEY INSTITUTE, COLUM BIA, S. C. Box 76. WANTED-The privilege to cure tobacco uBors at home. $5.00 buys the cure. Information if desired. THE KEELEY INSTITUTE, CO LUMBIA, S. C., Box 76. WANTED-You to buy your "Sunday Goodies" from the Anderson Pure Food Co.-Cakes, Pies, Cream Puffs, Buns, Bolls, and "Aunt Mary's Cream Bread. Store at Anderson, Bakery's old stand on Benson St WANTED-To sell cotton seed hulls and meal. Prices right. B. N. Wyatt, the $6 Coal Mau. Phone 182.-dtf. FOR SALE FOB SALE-Two brood sows, one young pig; now registered, Berk shire Bore. Price $45.00. T. B. Mar tin, Lowndesville, S. C., R. F. O. No. 2. FOB SALE OR RENT-Drink stand located near Bluo Ridge Station. Seo W. M. Stevens at Stun J. 2-3-3tp. FOR SALE-One black horse, seven I years cid, good Bice, term? cash, ? price $126. See M. M. Hall at . courthouse, or write Pendleton, S. C.-3-4-ltp. - FOUND DO YOU WBAR Rosenberg's Clothes, xor Just clothesT Spring styles have arrived. Rosenberg, Tailor and Cleaner. Phone 414.-l-28-tf. MISCELLANEOUS^ FOLK TOKES Neck or Pole Yokes, with strong I center pieces-Fifty Cents. PAUL E. STEPHENS. W?EN ?NEXPECTLY detained dows? toten for luncheon, you cannot dr better than drop in here. A tight lunch or a substantial meal. Cutala? and service O. K. ?nd prices Just ss attractive aa our food. The Lunch eonette.-dtf. FINK FBTTIT8-We carry the larg??! ?nd most completa assortment in the city-keep 'em moving. Fresh Florida oranges, grape fruit, ap ples, b?n?na?, wholesale and re tail. J. X. Mano?. Phon? 323.-dtf. I WE BUT PEAS and pay th? cash. Forman Smith-Seedaan. Phone ?64, Dtf. [TOMATO SEED-Wood's Brimmer 'Buist'? Monarch and Burpee's Dwarf Giant shonld command re spect.. Wo have hulk stock. Early Early . Anna-Stone-Beauty-Acme Ponderosa and Globe. if ita sea sonable we have it Furman Smith. Seedsman. Phone 464. i WE CAN LOAN money In amounts from $2,000 up, at 7 per cent on farm lands ONLY, loans to run for 6 years. Quattlebaum and Cochran. Attorneys.-2-2-3t. ADMINISTRATION SALK The undersigned adminisrator of Annie D. Hood, deceased, wilt ?ell on February 16th, at 3 o'clock p. m., at the late residence of the said Annis D. Hood, in WillUun&tan, 9. C.. all of ?her personal property, consisting of [furniture, carpets, jrogs,^ crockery, etc. Also iwo uiiuiuuu r>r>B?. Terms cash. A. H. DAG NA LL, BRIDGE LUMBER Notice ls hereby given that all plank flooring used on public road bridges (to be paid for by the county) must not he less than S inches In 'thickness The board will not pay for any material of less thickness on said bridges. J. MACK KING, Supervisor, - 1?--- ?' ? . ^'T"1 -lis:,;1 r"1 .?-f.i h a^mof^dy^FREEPE?U^U?TfE M W*fr? fed** for * U.Ua* fcottl* rf Jj SHH