The Union times. [volume] (Union, S.C.) 1894-1918, November 20, 1914, Page 3, Image 3
COTTON EXCHANGE (
OPEN FOR BUSINESS
Trading Brisk and Nervous for First V
Few Minutes?Normal Dealings
in One Hour.
New York, Nov. 16?The New York
cotton exchange reopened for unrc- ii
stricted trading at 10 o'clock this o
morning. It had been closed since t
July 31, when the market went into ti
convulsions and three firms failed v
through the demoralization created v
by impending war in Europe. h
The floor of the exchange was t
thronged with brokers when the gong n
sounded today. During the first few
minutes trading was extremely brisk c
and somewhat nervous. There was a 1
little confusion because of unfamiliar- (
ity with the new style contracts and T
the new rules imposed on the market 'I
by the operation of the so-called cot- I
i?
iuii i u tui law. v
Early trading was confined almost p
entirely to December cotton sold on li
old style contract. The market open- b
ed at 7.45 and dropped quickly to 7.40. a
A low level of 7.39 was reported in s
the first half hour. The market then
grew steadily and the nervous tone s
departed. ci
At the end of the first half hour g
trading appeared to be normal and p
the number of brokers on the floor n
had dwindled to usual size. Prices
were approximately three cents be- p
low what they were when the ex- e
change closed on July 31. January C
sold at 7.75 to 7.85, March at 7.85 to e
7.88, May at 8.10 to 8.12, and October n
at 8.40 to 8.50, all on new style con- a
tracts. t<
Wall street brokers, inactive he- b
cause of the darkened stock exchange, n
were interested spectators at the h
opening. A sprinkling of other spec- {
tators, friends and families of cotton :
brokers were in the galleries.
A general laugh greeted the read- (
ing of a letter of congratulations ; s
from members of the Liverpool cotton P
association. The letter was read
from the rostrum shortly after the V
opening gong sounded.
New Orleans Opens. j P
New Orleans, Nov. 1(5.?With the 15
exchange gayly decorated with palms j ?
and flowers and women crowding the ^
visitors' enllerv. the rnttnn mnrknt
opened to normal trading conditions'
at 9:05 this morning, after a suspen- .
sion of almost three months and a J
half.
The first trade between New Orleans
and Liverpool went through to 1
completion, passing censors' hands ^
and all in 17 minutes. j c
First trades in local options did not , r
show much change from last week's ]
liquidation trading. January's first j
transaction being at 7.50. The market ^
was somewhat complicated because j
trading was carried on in two style , j,
of contracts, one being the form used a
up to the time of the suspension last | u
July and the other framed to meet a
the federal cotton futures act. Old j,
style March brought 7.(51 and the new 0
style 7.8(5 on the first call, showing f
that the trade was willing to pay a 0
premium of a quarter of a cent a a
pound for the new style. c
RACE HORSES SPECIALS d
ARRIVE IN CHARLESTON t
A "Race Horse Special," composed j
of two Pullmans, a dining cai and six
horse cars, was expected to arrive in
Charleston early this morning over! fl
the Atlantic Coast Line, coming here j j
direct from Latonia, Ky.
This is the largest single shipment ! c
of horses to come into Charleston this j ?
year. About twenty shipments of ^
about 100 horses in all have already |
arrived for the meet.
Thirty Bonds Rejected. 1
Columbia, Nov. 12.?Thirty South (
Carolina (5 per cent bonds of $1,000 '
each, issued in 1809, presented for j f
payment at the state house today by ; r
an attorney representing the State of 1 J
New Hampshire, $vere rejected as i
void by the Comptroller General, A.
W. Jones, who said these securities
were among those repudiated by the
general assembly in 1878 as "put up- '
on the market without any authority T
in law." 1
# c
Notice to the Public. '
i
All persons or parties are hereby u
notified not to bury in the old Presbyterian
cemetery unless party or J
parties have a plot of land that is '
enclosed or graves otherwise marked. *
Parties disregarding this notice after '
due publication may expect to be ^
handled. Undertakers are hereby ^
warned not to dig graves in the cein- r
etery if thev are uncertain as to the 1
boundaries of the plot. Relatives who
have their dead buried in this cemoterv
ar? also ronuestod to havo frrnv.- : -
marked or otherwise outlined, so that '
there may be no confusion hereafter.
By order of the session of the First
Presbyterian church. n
F. M. Farr, Clerk. "
Union, S. C., Nov. 10, 1914. 47 3t Jj
),
The plant of the Southern Oil com- t
pany at Darlington was burned down (|
Thursday, with a loss of $75,000, in- b
eluding .'100 tons of seed, 200 tons of fl
meal and a large quantity of oil. The n
origin of the fire is not known.
? h
How To Give Quinine To Children. ]
FKBRILINTtlsthetrade-mark name given to an il
improved Quinine. It is a Tasteless Syrup, pleas- ^
nnt to take and docs not disturb the stomach. u
Children take it and never know it is Quinine, v
Also especially adapted to adults who cannot
take ordinary Quinine. Dors not nauseate nor e
cause nervousness nor rigging in the head. Try ,?
it the next time you need Quinine for any pur- $
pose. Ask for 2-ounce original package. The ti
name FgBRIL,INl*; is blowif in bottle. 25 ceuta. f)
" y
C. F. Hampton, aged 35, a merchant R
of h'lorence, shot himself dead with a ^
pistol in his store Friday. He leaves Q
a wife but no children. His business ^
seemed to be prospering, and there is 0
no cause assigned for the suicide. ^
No. Six-Sixtv-Six ?
. w c
This is a prescription prepared especially j(
for MALARIA or CHILLS & FEVER.
Five or six doses will break any case, and ^
if taken then as a tonic the Fever will not
return. It nets on the liver better than j
Calomel and does not ({ripe or sicken. 25c s
t
)PENS CAMPAIGN
FOR PROHIBITION
Vill Procure Petitions For Election
Next September on the
Liquor Issue.
Plans for a prohibition campaign
n South Carolina have been announc(1
from the headquarters of the pary
in Columbia. The committee from
he mass meeting of citizens which
>fas held in October, in connection
.*ith the movement for Statewide proibition.
have named a central execuive
committee for the active managelcnt
of the campaign.
Members of the central executive |
ommittee are: D. W. Robinson, J.l
^raser Lyon, E. G. Quattlebaum, A.
!. Hammond, W. B. DeLoach, L. S.
'rotti, the Rev. C. E. Hurts, 1). I >. i
'his committee has named J. K.I
Ireedin as its secretary. Mr. Brcedin
/ill have active charpe of the camaipn,
with offices at room 22, Carona
National hank buildinp, Columia.
lie is editor of the Manning HerId
and was formerly dean of Andcron
collepe.
A peneral executive committee, conistinp
of one member from each
ounty in the State, charped with the
;encral supervision of the entire cavnaipn,
has also been selected. The
ames will be announced later.
The purpose of the campaipn is to
rocure petitions from qualified votrs
at every votinp precinct in South
Carolina, addressed to the next penral
assembly, askinp for the enactlent
of a law which will authorize
n election on Statewide nrohibition.
o be held about the middle of Sepember,
1915, and also for the enactment
of strinpent laws to enforce proibition
if voted in.?The State.
Columbia's Hip Fipht.
The demand for law enforcement
eems to be patherinp wcipht in all
arts of South Carolina. Anderson;
as been makinp a hard drive to put
K.. 1.1;...1 i;. ? * ~e ? :
... ?/ii.iii uul. U1 UUSIIICSS inCl'e.
'lorence people made known where
hey stood at a great mass meeting
eld a week or two ago. Greenville
? iust emerging from a fight for a
leaner city. In Lancaster an agitaion
against illicit liquor selling is
aking definite shape. Columbia ofliials
are openly threatened with lie
ecall unless they put a stop to the
old and flagrant violation of State
nd municipal ordinances in that comnunity.
It will be of special interest to
ratch the outcome of the movement
11 Columbia. The situation there, acording
to the speakers who discussed
natters with the Columbia citv conni!
on Wednesday, is worse than it has
ven been before?at least in recent
imes. Mr. T. S. Bryan, of the R. L.
fry an company, said that he had been
n business in Columbia for *10 years
nd that "conditions in respect of liqlor
selling and gambling were worse
,t present than at any other time in
lis experience, worse even than when
pen saloons flourished." Mr. Bryan
urther stated that "the descrcration
f the Sabbath was such in Columbia
,t this ti ne that some men hardly
ared to bo Been on Main street Sunlays."
Several other speakers emphasized
his same point of Sabbath desecraion,
and the city council in the resoutions
which it adopted at the close
f the meeting instructed the chief of
loliee to enforce rigidly not only the
irdinanees against illicit liquor soling
and gambling but all the ordilances.
What will be the practical
onsequences of such a policy, in the
ivent it is put into operation, remain
o be seen. The sentiment against
dind tigers and gambling dens aptears
to be quite formidable, despite
he fact that the mayor of the citv i
cas elected only a few months ago on
in announced policy of regulation as
mposed to exterminatoin of such
daces. But will a "rigid enforcenent"
of "all laws and ordinances" he
racticable at tho nrosent timn (I...
"apital City It is certainly a quesion.
The Columbia movement has taken
he form, apparently, of a straiirhtout
no test against lawlessness and imnorality
of all forms and descripions.
To succeed it will have to revive
the endorsement of the communty
at larpre. It'is a l>iur programme
f Columbia has really been as lethirgic
repardin^ these matters as her
iwn citizens say. The issue has been
ucadened to take in much more than
iquor selling. The moral temper of
he people is about to be put to the
est. They will not be only ones who
vill be anxious as to the outcome.?
>Jews & Courier.
VION EY SHIPPED
INTO NEW BANKS
lillions Transferred Without a Hitch
and Things Start For Business.
Washington, Nov. 17.?How $170,00,000
in gold and lawful money
/as shifted without a hitch yesterlay
from the hanks which are memers
of the federal reserve system to
heir reserve banks was told in tolay*s
reports to the federal reserve
oard. Between $70,000,000 and $80,00,000
is yet to he transferred to
neet present reserve requirements.
The first day of the 12 reserve
anks apparently was devoted largcy
to the usual ceremonies accompanyig
tht. launching of a new organizaion.
A few million dollars of paper
/as discounted.
There is close to $300,000,000 of
mergency currency and possibly
100,000,000 clearing bouse loan ccrificates
outstanding or in the hands
f banks and all secured by paper,
/hich officials believe in most intances
would be subject to rediscount
y the reserve banks. It is pointed
ut there is more currency in circuition
than is needed and treasury
fficials probably will use their inluence
to avoid further issues.
The State stands to lose about $1,00
by reason of the contract for
hairmaking at the penitentiary, folDwing
the closing of the hose mill.
Oharlestonians are planning for a
100,000 steamship line. The details
iave not been given out, hut the men
lehind the proposition guarantee its
uccess.
PEACE NOW IN SIGHT
IN WAR TORN MEXICO
Messages From American Government
A Rents in Southern Hepublic
Says Cur ran/, a May
Resign?Villa to Leave.
Washington, Nov. lit.?Peace in
Mexico, after weeks of dissention
among the generals of the victorious
constitutionalist army, at last seemed
in sight todav, according to messages
from United States government
agents in the southern republic.
Soon after American Consul Silliman
telegraphed from Mexico City
early in the day that hostilities between
the forces of the Aguascalientes
convention and those loyal to Gen.
Carranza had ceased, came a message ;
from Leon Canova, special agent of!
the American government at Agua<
calientes, stating that Carranza had
telegraphed his intention of resigning.
Secretary Bryan made public Canova's
message, which was dated 7 n. j
m. yesterday, but did not comment on ;
it. Although the dispatch was delayed
in reaching here, no word of a similar
nature has come from other |
suurces 111 Mexico.
liolh May Leave.
Previous messages, however, had
described the efforts of the various
generals to reach a compromise and
officials tonight thought it not unlikely
that in the interests of domestic
peace, both (Jen. Carranza and Gen.
Villa would leave Mexico while tin \
national government was being reor- i
ganized.
It was suggested in some quarters I
that Eulalio Gutierrez, the new pro ,
visional president, might name Villa {
to a foreign military mission, per-1
haps as an observer in the European'
war. Carranza, it is believed, might j
also leave the country.
The White House todav made nub-;
lie a message received by President
Wilson from Provisional President |
Gutierrez setting forth the latter'.*
aim for reconstruction in Mexico. The
message made no reference to recognition
but was interpreted as a bid
for it.
BITSINESS IMPRESSION
FAST DISAPPEARING
Kedlield Says Winter No Longer Will
Cast Its Shadow of Terror.
Washington, Nov. 17.?All information
reaching government depai"-'
ments here indicates that the depn
sion which overtook business ont<
prises in the United States when the
European war heiran is vanishing", i
The hopeful outlook for America:);
ventures was summarized today !v.
Secretary Red field in a letter to the
Chamber of Commerce of the United
States in which he declared:
"l.et the worst he said and admitted
that can be said respecting exist-!
ing business difficulties "> America.!
our condition still remains not only1
relatively bright, but rapidly improving
and in many respects both prosperous
and bright."
" One can not but sympathizeswith
the misfortunes that have bcfalli^iiv-*
dustries in all the beligerent coun-1
tries," said Mr. Redfield, "and t herefore,
be so much more grateful that
no like fate threatens our own. No
observer of the large movement of
our commerce today fails to recognize
the great improvement that has
been made in business cond't'ons
wiiinn iut- nisi tow wooks and which
is s<;ll progressing.
"The course of exchange has become
more normal, Clearing house
certificates are being retired. 1 irge
sums of emergency notes have been
withdrawn and with the openin. of
the federal reserve system great additional
supplies of loanable lands
have become available. There no
longer is serious concern over our financial
future.
"Cotton prices have begun to move
and existing arrangements promise
relief from the shadow which so long
has hung over the South.
"The coming winter throws no such
dark shadow before as was feared a
few weeks ago, and the statement is
beginning to be heard here and there
that goods can not be delivered as
promptly as they are wanted because
the factories are too busy.
"We may be grateful, therefore, in
a sense both calm and confident, not
only that we are far better off than
our suffering brethren beyond the sea,
but that we are better placed our
solves at home thar. we were :t few
weeks since. We may be glad that the
present is good; thankful that it is
growing better and hopeful for the
coming months."
A woman's strength lies in her
knowledge of a man's weakness.
William Steel was given a verdict
of $10,000 in Florence on Thursday
against the Atlantic Coast Line for
damages caused by the crushing of
his hand and wrist while coupling
WE.LL PUT NEW HANDLE EARS
on your bicycle in a couple of minutes
if your old ones have been put
out of business. We'll do any other
repairing your wheel needs just as
promptly. We are readv for .my
emergency in bicycle repairing. Have
all the tools, all the facilities, ah the
parts, and materials and plenty of
skill. Keep our address in mind
W. NEWELL SMITH
AUTO COMPANY.
UNION, S. C.
I ..He
IDem
You are cor
our Hot Soc
IJJAY, JNOV.
from 8 to 10
Music
We will be
this demonstr
one of our ms
Hot Drinks
| time, also deu
| ity of WHITr
I will be glad t(
J Phone 69
The Southern Railway Announces |
Special Wound Trip Rates to
Florence. '
?; : i
Account of meeting A. A. (). X. M. S.
Thanksgiving Day, Nov. 2(5 at Flor1'iico,
S. ('., the Southern Railway announces
the following low round trip
rates from point named; tickets to be
on sale November 2.r> and 2<> with final
limit November 28th:
Union $6.2">
For further information and rates
call on your local agent or address S.
11. McLean, 1). I\ A., Columbia, S. C.
I72t
Women Suffer Terribly from Kidney
Trouble.
Around on her feet all day?no '
wonder a woman has backache head- <
ache, stiff swollen joints, weariness, ]
poor sleep and kidney trouble. Foley '
Kidney Pills give quick relief I
for these troubles. They strengthen i
the kidneys?take away the aches, 1
pain and weariness. Make life worth <
living again. Try Foley Kidney Pills
and see how much better you feel.
For sale by all dealers everywhere. )
<
When a bachelor gets tired of leading
a single life he should marry and '
be led. 1
Hundreds of imitations have come I
and gone since Foley's Honey and Tar (
Compound began?10 year ago?to
loosen the grip of coughs and colds.
You can not na>t a -aili^t itnf r> to ,1,, f,,i- .
you what Foley's Honey and Tar J
Compound will do for coughs, colds, ?
croup, bronchial affections, la gripp< <
couphs, and ticklinp throat. Buy it
of your druggist and feel safe. Sold
by all dealers everywhere.
There is a turninp point in every
man's career?even if he isn't a crank .
Declare War on Rheumatism.
Rheumatism is an awful thinp?
nothing more painful. Don't let it pet
a hold, but at the first twinpes take ]
Foley Kidney I'ills. They work di- J
rectly on your weakened kidneys,
build them up, .make them strong?
ri<t your blood and keep it clear of
uric acid. Keep Foley Kidney Bills "
on hand ready for use at the first sign
of rheumatism. Sold by all dealers (
everywhere. ^
J. C. PERRIN
UNION, S. C.
CIVIL ENGINEER AND
LAND SURVEYOR
Dr. Virgil R. Hawkins
dentist ]
OFFICE OVER MUTUAI. IT* n O p
DRY GOODS COMPANY UI1IUI1, O. \J.
)t So<
onstrai
dially invited
la Demonstrat
23, from 4 to 6
1 p. m.
by Orch
pleased to have
ation and parte
my refreshing a
FREE. We w
nonstrate the su
dAN'S Fancy C
) have you samj
r\,
vyi
Having us submit our tie- ]
signs and prices assures yoi.i
3f a wide assortment to se- i
Iani fi'i\ni ni'irtnc Hmt J
1V.W 11 V/III, |.?I l llill il 1 C | p
based on finest quality mar- <
ble and granite and unbiased
advice. ' <
Allow us to draw your at-1 *
Lention to the fact that we
ire a local concern with a
reputation for excellent -j
ivork and are able to refer J
you to many examples of
Dur work in this section.
We will appreciate an opJ
portunity to submit data |
and samples in your home ~
jr at your establishment.
BAILEY
UNDERTAKING CO.
NEW *
PRESSING CLUB ,
ti
We have opened up a first _
dass Pressing Clul) in the ear
of our grocery store |
>n Main Street.
\I1 Work Called For
and Delivered!
SATISFACTION
GUARANTEED
i i
Lybrand & Cheek
PHONE 116. I
Ladies Coat SuiiH and Furs I
A Specialty.
1st.. S
tion
to attend |
.ion MON- I
i p. m., and 1
estra
you attend B
ike of any 1
nd delicious I
ill, at that I
perior qual- |
bandies, and f
)le it FREE. 1
lick Service |
This is the place
/on have always
saved money and!
wen though the!
cr>
^reat European
War is on, we can
continue to save
you money, by
Slaving your prescriptions
filled
and doing your
lrug business
with Ihn
T 1 A bll V11V
PALMETTO
DRUG CO.
UNION, S. C.
SPECIAL NOTICE
All goods not called for in
[) days will be sold for reairs.
J. Newell Smith Auto Co.
Union, S. C.
Why Send Off
Your money and pay more for
monuments when you can buy
thorn from a home concern that
sells bettor material and saves
you one-fourth the price?
We have no apents but if you
will drop us a card sayinp when
you will be ready to buy we will
send a full line of l'hotos and
* uis 01 an kinds of Marble and
(Jrunitc.
Ml LEY UNDERTAKING CO.
Undertakers
Main Street at ltailroad (rousing.
I'hone 106.