The watchman and southron. (Sumter, S.C.) 1881-1930, August 03, 1910, Image 6
WEEKLY COTTON REVIEW.
MARK KT AND CROP CONDITIONS
RECAPITULATED.
Promiaeat Feature of Ute Week We*
Wider Speculation In New Crop
Month a at Sharp Advance In Price*
?-Unfavorable Report* Indicate
Qormunent Report on August 2
Will Hhow Marked Deterioration.
New York. July 29.?A broadening
?f the speculation In the new crop
month* at a rather sharp advance In
price* ha* been a prominent feature
af the week In the local cotton mar?
ket Stimulating and strengthening
factors hare been extreme hot, dry
weather in Texas and Oklahoma and
report* of a sharp decline In the con?
dition of the crop over the region
aast of the Mississippi. The unfavor?
able reports have been received in
juch large numbers that there is a
vary general Impression that the
monthly government report, which is
to appear on August 2. will show a
marked deterioration in the crop
within a month. Some think it will
nut the condition aa low as 74 per
cant as compared with 8 0.7 per cent
m July.
A month ago guesses on the crop
yielJ of 13.000.000 to 13.600.000 bales
ware frequently heard. Now esti?
mate* of 12,000.000 maximum are
gammon, and there are those who be
fWre that unless Texas gets the need
ad copious rains in the near future,
(he total yield is likely to be nearer
ll.ee*. 000 than 12.000.000.
Tne report of a Wall street firm af?
ter fire trips of inspection over the
flouth this season estimated the yield
ef 11.260.000 bales with average con?
ditions during the remainder of the
?aeon. The effect of these sharp re?
dactions in crop estimates within a
month has been very noticeable In a
decided Increase of commislon house
duying for people In many section of
Che country, not excepting the South
and Weit. Also spinners, both for?
eign and domestic, have bought free?
ly. The buying by Continental spin?
ners has been a feature of the trad?
ing of late. The buying of this char?
acter seems to Indicate a growing ap?
preciation regarding the matter of
?maplles during the Coming season.
Meantime wmo improvement Is re?
ported In the local dry goods market
and yarns have been slightly more ac?
tive at firmer prices. Cotton has con?
tinued to arrive here in surprising
targe volume for delivery on July
contracts, and tenders during the
week have been heavy. Further large
receipts are expected here for deliv?
ery on August contracts. Spot Inter?
ests of prominence have sold the old
crop months rather freely at times.
Today's prices declined early on dis?
appointing cables. Improved crop re
parts from the eastern belt and liqui?
dation. July notices for 10,000 bales
were Issued. Later there was a rally
en hot dry weather In Texas and Ok?
lahoma and a report that the Nation?
al dinners' Association made the con?
dition of the crop only 72.9 per cent.
VKKMK I INDK MI S SI HIDI
Cscoau i's Jury Announces Finding*
In Rawn Case.
Chicago. July 29.?The coroner's
Jury Impanelled to inquire into the
death of Ira O. Rawn, late president
af the Monon Railroad, returned an
epen verdict at 3 o'clock this morn
lag, but found that he died from a
shot fired from his own weapon by
bl* own hand.
The verdict is as follows:
"We, the Jurors sworn on oath to
inquire into the death of Ira O. Rawn
.Al his home in Wlnnetaka on July 20,
Had that he came to his death at 1.20
o'clo. k on the morning of July 20,
frem shock and hemorrhages caused
by a bullet from his own revolver,
?red by his own hand, but whether
this was accidental or with suicidal
intent, this Jury Is unable to deter?
mine, exrept that the location of the
wound and .the type of revolver, ren?
dered the accident theory less prob?
able."
The vefdtsl was so worded as to
fltsew that Mr. Itawn was believe!
t*T Um Ji.r >rs to have been responsible
for hM owi death, but the question
of mil. Ida or aceldetrt was left to be
fought out by Um family and the In
gPPJMMi sageaaajsa, It took soveral
hour*' gattberatioai M r.ach a find?
ing, our of the chief points Involved
In the long discussion was how to
word the document In surh a manner
a* not f ? gepyres llewn's family of
any legal rights lbs members might
have under the flio.nno of accident
Insurance paHclti left by him.
Two of the six jurors held out for
a long time for a venll< t ef sulelde;
two other* hghj to the accident the
ary. The taadjei whs a compromise
between th^se divergent views.
R*pre?nntntl\r?i of the Illinois Cen?
tral Railroad declined to testify, and
put the refusal <>n the ground that to
give Information would Imperil p?'rul?
ing Htlpatlaa
About Um hardevf hjch Is f ir |
Charleston born mnn to dM In asm?
other town?Charleston Fvcnlnn
I
BROTHER SHOOTS HIS SISTER.
Ho Claims Shootlu-g Was Accidental
lint Neighbors Say Ad Was Done
In Fit of Temper?Has Been Lodg?
ed in Jail.
Anderson. July 29.?Tonight, at her
home in the Brogan mill village, lit?
tle Annie Edmunds, aged 13 years,
lies In a critical condition with gun
shot wounds in her neck and face,
having been shot tonight by her
broher, Elbert, aged 15. He is in
the county Jail, and she may die.
Their parents went to Greenville
this afternoon to visit. The boy states
that the gun went off accidently, but
neighbors say that he and his aged
grandmother quarreled and that he
climbed through a window in his
father's room, secured the gun and
fired through the locked door.
His sister had her hand on the
door knob in the other room and the
entire load of shot with flying parts
of the door hit her in the neck and
face. A doctor was summoned and
many shot were removed. Late to?
night she is doing well.
The boy has a reputation of being
very high tempered.
COTTON MARKETING SYNDICATE
Prominent Men Would Revolutionise
Cotton Industry.
Boston, Mass., July 29.?Having for
its purpose the revolutionizing of the
cotton Industry of the United States, a
conference was held today at the
home of John Hays Hamomnd, at
Gloucester, at which there were pres?
ent, besides Mr. Hammond, Daniel J.
Sully, the New York cotton operator,
and Scott Delglelsh, of Cairo, Egypt,
the representative of the Hirsch syn?
dicate, of London.
Briefly , the idea is to establish
warehouses in all parts of the cotton
producing districts of this country, as
well as in the manufacturing centres,
for storing the ootton crop, so that
instead of selling It from hand to
mouth, as has been the practice here?
tofore, It will be marketed through
the entire year when desirable. It is
believed that economies will be ef?
fected In the marketing of ootton,
which will result in a saving of not
lesa than fifty million dollars annual?
ly.
The General Cotton Securities Com?
pany of which Mr. Hammond is presi?
dent and Mr. Sully is vice president
and general manager, Is to be the
basis of the organization, through
which this economy is to be effected.
The Hirsch syndicate, It is under?
stood, has already underwritten the
project.
No Statement Given Out.
Gloucester, Mass., July 29.?"Any
formal statement of our plans would
be premature, as we have met today
only for an Informal discussion of the
possibilities of the plan to establish
cotton warehouses," was tho answer
that Messrs. Hammond, Sully and
Dalglelsh made tonight, when ques?
tioned concerning the results of their
conference today. The conferees
wished to make it plain that their ob?
ject in considering such a plan was
not to corner cotton, but to help the
cotton raiser. Should their plan be
consummated, they said they hoped
to bring about the standardization of
cotton and to assist the grower in se?
lecting the proper seeds. No definite
steps were taken today and probably
none would be for some time, thev
said.
Messrs. Sully and Dalglelsh left
Gloucester tonight for Boston.
Favorably Revived In the South.
Atlanta, Ga.. July 29.?The poject
of Daniel J. Sully and associates to
establish bonded cotton warehouses,
throughout the South and at various
manufacturing centres throughout
the country, the tentative plans of
which already have been laid before
bankers and cotton factors of tb?
South by Mr. Sully in person, has mpt
v\lth a favorable reception through?
out the cotton growing States.
Following the visit to Atlanta, last
week, of Messrs. Sully and Dalglelsh.
the Atlanta Chamber of Commerce
yastsrday adopted a resolution fav?
oring tbt- establishment of a chain of
warehouses, such as Mr. Sully pro?
posed. President J. Paxton, of the
Chamber of Oomemrcei said the sue*
i ? ssful operation of the Bully plan
would greatly eld the South In flnano
Ing the cotton crop and believed it
would result In the saving of mil?
lions of dollars yearly to the cotton
?row era
During the ren nt \ Islt of Messrs.
Sully and Daltflclsh, to Atlanta, it was
announced that the warehouse, which
it was planned to buy of build
thrOUghnul thS South In time for
handling much of the 1910 crop
would be bonded by thS Hlroch syn
.||< ;it,' of London. On the COttOfl stor?
ed in the warehouses negotiable cer?
llfleates are to b?. Issued, Intended to
It available as < oiinti r il In either
this country or Europe,
\w nr.- von- i?r. Daniel Is mistaken
in believing thai Columbia Is the
nlekedeta city In the south, Ths
folumbls Stats wouldn't permit if
at all.?Charleston Evening Poet.
A CONFEDERATE cadet.
The Rev. John Kershaw's Reminis?
cences of tho War to be Published
In Tho Sunday News.
The Sand way News counts Itself
fortunate In being able to offer to Its
readers a series of reminiscences of
the War Between the States written
by the Rev. John Kershaw, rector of
St. Michael's Church, In Charleston.
The Rev. Dr. Kershaw was a student
at tho Citadel during part of the siege
of Charleston, and served in the cadet
corps during the operations in ths
neighborhood of the city, and later
as a courier on the staff of his father,
Gen. Kershaw. So fascinating is the
true story that he tells, and so de?
lightful the manner of the telling,
that the whole will constitute a con?
tribution to the literature of the war,
not only valuable to the historian,
but also charming to the lover of
clear and graceful writing.
These reminiscences will be pub?
lished in The Sunday News In a num?
ber of installments, the first of which
will appear tomorrow.?News and
Courier.
COTTON MILL MERGER EFFECT?
ED.
Corporation Organized With Twenty
Million Capital.
New York, July 28.?New England,
New York and Baltimore mill owners,
bankers and capitalists incorporated
today the International Cotton Mlils
Corporation, under the laws of New
York, with an authorized capital of
$10,000,000, 7 per cent cumulative
preferred stock, and $10,000,000 com?
mon stock.
A statement, issued this afternoon
by Myron C. Taylor, president of the
new corporation, says that textile
mills, sales and distributing ag ncies,
in this country and Canada, 'ch
manufacture and sell 3,000 varieties
of cotton fabrics, are included in the
merger. The ^r^nerties consolidated
represent 22 mills and 35 principal
brands owning 10,000 acres of land,
part of which is under cotton culti?
vation, and employing 10.000 hands
with an aggregate annual output of
approximately $18,000,000.
The Counterfeit Southerner.
Of course there arc many counter?
feits. A most amusing imitation is
one that often passes for the tyipcal
Southerner In New York. This sat?
chel-mouthed braggart infests the
cafes and demands attention by abus?
ing the waiter for offending his deli?
cate sense of honor. 'T hate a nig?
ger, suh," he loudly proclaims?
which is a sentiment that one never
hears from those to the manner born.
He haunts the theatres and parades
the streets, since it is poor fun to
practice his gentility in private.
He v. ears a wide black hat; mounts
the table and yells whenever the
band plays a Southern melody. Such
a pretentious caricature would be
harmless enough but for the ridicule
he brings upon the South. Unfortu?
nately, popular authors seem to ac?
cept him at face value and exploit
him in novels or plays where a
"Southerner" is a necessary part of
the stage machinery.?Everybody's
Ifagaslne.
Real Estate Transfers.
The following transfers of real es?
tate have been made recently: *
R. M. Cantey to Mary T. Nelson,
16 acres In Stateburg township, for
$450.
Eliza E. Cooper to E. W. McCal
lum, city property, for $600.
W. M. White to T. H. Cantey, 11-2
acres on White's Mill road, for $400.
H. R. Campbell and Geo. D. Levy
to Frank Scale, lot In city of Sum?
ter, for $50.
Another Tradition Exploded.
Two Englishmen were resting at
the "Red Horse inn" at Stratford-on
Avon. One of them discovered a
print picturing a low tumbling build?
ing underneath which was printed:
"The House in Which Shakespeare
Was Born." Turning to his friend In
mild surprise he pointed to the print.
His friend exhibited equal surprise,
and called a waiter who assured them
of the accuracy of the Inscription.
"Pon my word," said the observ?
ing Englishman, shaking his head
'lublously, "1 thought he was born in
a manger!"?Success Magazine?.
Of Course He Couldn't.
Llttlo Paul had been accustomed
to sleeping with the light In his
room.
One night he was put to bed and
tho light blown out. In a few min?
utes sobs were beard coming from
the direction of Paul's bed. "What's
the matter, son?" said bis papa. "1
can't see bow to shut my eyes," lob?
bed the little fellow.- The I>. nlinea
tor for July.
? Tm not a quitter," says Bellinger.
Unfortunately, the public realises thai
this Im only too true.?Washington
Times.
JOHN ii. CARLISLE VERY ILL.
Cleveland's Secretary of the Treasury
In Serious Condition.
New York, July 29.?Ex-Secretary
of the Treasury John G. Carlisle, who
for several years has been practicing
law in this city, is seriously ill at the
Hotel Wolcott. Physicians are in
constant attendance upon Mr. Car?
lisle, the naturs of whose illness they
would not disc'ose.
It was learned later, however, that
Mr. Carlisle was suffering with an at
tack of acute indigestion. He was
taken sick early in the week, and in
the absence of his physician, Dr. Jo
seph D. Bryant, Dr. Morris Carpenter
is looking after him. Drs. Janeway,
Stewart and Hoobler are in consulta?
tion with Dr. Carpenter on the case.
In a statement today Dr. Carpen?
ter said that Mr. Carlisle is now
slightly improved, but still is in a se?
rious condition, "on account of hs
advanced age and the chronic infirm?
ity of which he has suffered all win
Tlie Recorder's Court.
William Sumter, colored, was be?
fore the Recorder, charged with
gambling.
Officers Boykin and Williams were
notified Friday afternoon that sev?
eral "culled sports" were indulging
in a crap game in the "pen," a negro
settlement on N. Sumter street, and
the officers went around to investi?
gate.
Officer Williams peeped over a
fence, and sure enough there were
four negroes sitting on the ground in
a circle, with the coin in front of
them.
Meanwhile Officer Boykin had gone
around on the other side, and sud?
denly darted out from behind a brush
pile, on the astonished gamesters,
who took to their heels in every di?
rection, all except the negro, Sumter,
escaping by running into a field of
high com nearby.
Sumter tried to rake up the stakes
before making his exit, and was nab?
bed by Mr. Boykin, Mr. Williams be?
ing unable to join in, as the show was
over before he could climb the high
fence which separated him from the
negroes.
In the court Saturday Sumer de?
nied having joined in the game, say?
ing that he was only "looking after
the other boys." He said also that he
was "from the country" and hardly
knew what a pair of "bones" looked
like, much less knowing how to ma?
nipulate them.
Recorder Raffield, however, decid?
ed that "country niggers" can gamble
as well as their city brethren, and
sentenced Sumter to pay a fine of $15
or serve 30 days on the chaingang.
He paid his fine.
Soniers Pays $100,000 For Cleveland
Franchise.
Cleveland, Ohio, July 26.?The big
gset deal in the history of baseball
was closed here this atfernon when
Charles Somers purchased the inter?
ests of his partner, J. F. Knilfoyie,
in the Cleveland club for a considera?
tion said to be in the neighborhood of
$400,000. Mr. Somers becomes the
sole owner of the franchise, players
and Immense new plant erected this
year. He says that Jib McGuire will
continue aB manager of the Naps and
that he will not dispose of any stock
to Fielder Jones.
Mr. Marion B. Jennings, whose wife
committed suicide In Spartanburg
Friday morning, was for a short time
a resident of this city, having located
here for the study of law soon after
his admission to the bar.
Even the intricacies of the lovely
old-lace patterns handed down by the
lace-workers of Brussels and Buck?
inghamshire are reproduced by the
modern jeweler. This class of work
has revolutionized his trade, as its
delicate nature means that quite as
much money is expended upon line
workmanship as upon the jewels
themselves.
The dog and sled explorers simply
had to reach the goal this year or go
out of business. Twelve months from
now the perfected airship will be
sailing everywhere.?Kansas City
Journal.
It really was shameful In that
Brooklyn doctor to steal Peary's pro?
visions In the Arctic regions and then
Cook the explorer's goose!?Philadel?
phia Records.
Probably Forester Plnchot over
states the case when he says that "tht
lines in this country are being prett>
closely drawn between those wh?
stand for good government and th?>s?
who stand for special privileges.*'
Springfield Union.
Christ left us not a system of logic
but a few simple truths.?B. U. Hay
don.
To educate the Intelligence is to en
largo the horizon of Its desires an<
wants.? Lowell.
Ii TRICK IN FENCING
One Highly Distressing to an Ac?
complished Swordsman.
TURMS A DUEL INTO A FARCE
Ussd by a Weak or a Timid Opponent
It Render* Hie Adversary Practically
Helpless?A Case of Two Playing at
the Same Game.
A long aud Interesting chapter might
be written on the humors of duels
which never came off or which in some
way fell short of deserving the name.
A case w?lcb occurred a few years
sgo in Paris, the particular home and
harvest field of the habitual duelist,
merits mention.
A peaceable looking gentleman was
walking down one of the boulevards
with a lady on bis arm when out of a
cafe sprang a man, who dealt him a
violent kick. The victim turned, only
to meet the horrified apologies of the
aggressor, who begged to assure him
that it was wholly a mistake in iden?
tity. Instead of insisting upon an ex?
change of cards and the other custom?
ary forms, the kicked man answered,
with much warmth, but admirable self
control: "I cannot, sir, accept your ex?
pression of regret as sufficient. Your
action may have been a mistake, as
you say, but acquaintances of mine
may have witnessed it and will go
away and spread the news that 1 have
submitted to an insult without aveng?
ing lt. 1 must therefore and instantly
slap your face with equal publicity."
The other most becomingly assented,
the first sufferer administering a ring?
ing blow on his ear, and the affair
ended with entire satisfaction on both
sides.
Weak or timid fencers are sometimes
tsnght by their masters to keep a more
skillful antagonist busy by fixing the
sword in one position, aimed straight
at bis 8word hand, and then not mov?
ing except to retreat when pressed too
hard. It is highly distressing to an
accomplished swordsman to have to
face a learner so instructed, for it
means a great outlay of energy and
wind to little purpose.
Comte de Dion once thus chased a
retreating adversary across plowed
fields for a mile and a half and final?
ly under tbe wheel of a cab for the
poor satisfaction of giving him a slight
prod In the back. Dr. Clemencean In
his famous duel with M. Deschanel,
after a swift and wearisome pursuit,
halted, shouldered his rapier like a
walking stick and strolled back to his
original place, throwing the contemp?
tuous remark over his shoulder. "And
now, monsieur, I will await you here."
Catulle Mendes had a similar run
after Lugne Poe through the forest of
St Germain, whlcb he ended by fling?
ing his own sword into the bushes,
with the angry exclamation. "1 am
willing to die from exhaustion by the
roadside. If need be, but not from run*
nlng after a poltroon."
A yet funnier incident was that
which occurred in Toulouse, where a
lawyer of some note named Cazeneuve
was called on* by a landed proprietor
whom he had offended by a speech in
court. He repaired at once to a fenc?
ing master, as be knew nothing what?
ever about handling a sword. This
teacher gave him the usual advice
about keeping bis adversary at arm's
length with tbe poised and immovable
rapier, but strongly enjoined him not
to retreat. It so happened that the
landed proprietor, being equally igno?
rant, applied to tbe same master for
Instruction. The master, who was
somewhat of a wag. gave bim the law?
yer's lesson in duplicate.
When the two men met and their
seconds had duly placed them a long
and tedious stillness ensued. For
more than five minutes each foeman
stood with his sword arm extended at
full length, waiting for the other to
advance. Then the seconds interven?
ed, claiming that both had proved
themselves men of honor and courage
and that nothing further was necessa?
ry but to shake bards and be recon?
ciled.
And this recalls tue occasion when
Lieutenant Randolph Ridgely of our
army while in the Mexican war was
sought by two young officers who had
quarreled and each of whom wished
the lieutenant for his second. It wa?
finally arranged that he should act as
second for both. On the field, where
the adversaries were armed with shot?
guns, Ridgely measured off a line of
ten paces and placed them respective
ly at its two termini, cocked his owe
revolver and announced that he would
give all the orders himself and in his
own way and that he would shoot
down whichever of his principals dis?
obeyed him in the slightest particular
Then came the orders, very delib?
erately uttered: "Present arms!" "Car?
ry arms!" "Shoulder arms!" "Take
aim!" They took careful aim and
waited almost breathlessly for some
minutes for the command to lire. It
never came. Instead came the orders.
"Present arms!" "Carry arms!" "Shoul
der arms!" "Right about face!''
"Front!" "Forward march!"
They recognized his commands at*
given in deadly earnest and knew thai
it would be instantly fatal to rebel.
He kept them marching till they
reached his tent. There he halted
them and bade them stand at parade
rest till they had listened to a lecture
on the folly of dueling which fairly
made their ears ring. But he sea
soned his dose of rebuke with a few
words of praise for the soldierly met
tie they had shown in facing each oth
er's gun without flinching, and th*
two men became fast friends from
that hour ?New York Post.
We talk little if we d.? m>t talk
about ourselves.?Haslltt.
The Torrens System?What is lit.
Evidence of a renewed interst in
the Torrens system of land tenures in
South Carolina may make interesting
some description of its leading prin?
ciples. It was devised by Sir Robert
Torrens, and first put into operation
in Australia, where so many modern
political and legislative reforms have
had their beginnings. The system,
abolishes most or all distinctions be?
tween real estate and personal prop?
erty, and ts chief object is to remove
the difficulties, delays, and expenses
incident to the transfer of real es?
tate under the old English system de?
veloped out of the feudal tenures.
Jn Australia there is a registrar's
office with whom the owner of a tract
of land, held by the old tenure, de?
posits a description of his property
and obtains a certificate of owner?
ship. The registrar's office examines
the title carefully and the certificate
guarantees its legality, whether as
absolute or with conditions attached.
If the title wre to a life estate, the
certificate would so state. Each ap?
plicant for a certificate pays a small
fee out of which an insurance fund
is created. From this fund the State
protects itself when a title guaran?
teed by the registrar is attacked and
the State is called upon to Indemnify
hte holder of the certificate.
After the land owner has exchang?
ed his muniments of title under the
older system and received a certifi?
cate from the registrar's office ,he
may transfer the certificate by in
drosement as he would a share in a
bank or cotton mill. Of course, he
may pledge the certificate for money
borrowed, as he would a personal se?
curity. Registration in the registrar's
office with each transfer of the certi?
ficate is required, for which a small
fee is charged. The necessity for the
examination of titles, it will be seen,
is eliminated, because the State guar?
antees the title described In the certi?
ficate, and the expense and delay of
foreclosure proceedings are removed,
because the certificate may be dis?
posed of precisely as may a certificate
of shares in a corporation. The sys
temg ith modifications, has been
adopted in Illinois, Massachusetts,
Minnesota and posibly other States?
and also in New Zealand and several
of the Canadian province.
The argument In favor of the sys?
tem is obvious. Every borrowing
farmer is familiar with the expense
and difficulty attached to using his
land as security in a bank. A bank,
on account of the expense and delays
in foreclosure proceedings, is reluc?
tant to lend more than half of three
fourths of the value on a small body
of real estate; and, when a borrower
has paid the cost of examining the
title and drawing all papers, his in?
terest charges are in effect materially
increased.
One argument against the plan, a'
though based on the weakness of hu?
man nature, is not without force. It
may be said that the very difficulties
of disposing of land work to keep it
in the possession sometimes of men
who would lose it if they could sell t
las easily as they can sell ah orse or
a hog. The manifest answer to this
is that the removal of the obstacles to
he selling of land would make it more
1 valuable. Lawyers' and courts' fees,
under the present system, are ah-a^TT
tax subtracting from the value of the
land itself. There fore, as the ^nd is
made more valuable, the incentive to
hold it grows stronger. eBsides, rhn
progress of society ought not to be
delayed for the sake of the improvi?
dent man who can not take care of
himself.?Columbia State.
Staggers Skeptics.
?That a clean, nice, fragrant com?
pound like Bucklen's Arnica Salve
will instantly relieve a bad burn, cut
scald, wound or piles, staggers skep?
tics. But great cures prove its a
wonderful healer of the worst sores,
ulcers, bolls, felons, eczema, skin
eruptions, as also chapped hands,
sprains and corns. Try it. 25c at
Blbert'a Drug Store._'
Can appreciate the saving that we
enable them to make in our
FURNITURE BARGAINS.
Best styles?a larger display ?
guaranteed excellence. If you're buy
ing, this the time to get best valuer
?the In-between season.
Witherspoon Bros.
Furniture Company.