The morning news. [volume] (Savannah, Ga.) 1887-1900, 1889-03-01

High Rates Of Interest.
GEORGIA.
A considerable amount Of cotton is being
sold in Elberton now.
From present indications Americas will
have a building boom this season. Already
four or five brick store rooms are being
figured on for various portions OF the CITY,
and even If all that are contemplated are
built there will not be enough TO I'LL tue de-
mand.
Lieut. Huruenin of Macon, who in
spected the Albany Guards Monday after
nooa, has sent in his report TO the adJu-
tant-genera. That report spoke well Of
the c0mDany and urged upon the adjutant-
general that he allow the guards forty new
guns. with belts, cartridge boxes and other
acc9utreH ents.
A week ago, the wolf, which formed part
Of the menage-ie Mt Grand park, Atlanta,
turned up missing, d Maj. Root thong t
il had either escaped or been stolen. GA
FRIDAY afternoon last an intrepid hunter
near Jonesboro, ran up on a wolf whlcl
was trying to steal a chicken, and shot and
killed it. 1t was the majors pet.
While unloading the Mallory steamer at
Bruins wick on Monday night, box con-
tanning $50 pounds Of tombstones, by a
break In the plank, was thrown overheard.
Tuesday at low tide man dived and drove
into it a pair of iroa hooks, to which a rope
was fastened. Stevedore Sawyer aud a
gang of men raised it this morning by
means of block and fall. The salt water,
1t is hoped, viii not injure the marble
The First National Bank of Gainesville
was organized Tuesday, with capital stock
of $4,000. Rathff Palmour, Robert f.
Green. Zachary T. Castleberry, Herbert II.
Dean. John L. Palmour, J. w. Oslin and r.
Boone were elected directors of the new
bank by the stockholders, who at once
elected the following officers, to-wit: Prest-
deut, Ratliff Palmour; vice president,
Zachary T. Castleberry; cashier, James w.
Smith; bookkeeper, James T. Telford.
Postmaster Hardeman Of Macon, having
to employ a char-woman about the new
United States postoffice, singled out a
colored lady and offered her tie place. She
declined it for the reason that there was
TOO much work for $20peT month. "Whatn'
said the coloael, you could not make the
half of it at anything else. Why at the
north woman will scrub the fi1or all day
through the month for $l0.n YES an
swered the lady of color, but dem yankees
is raised to work and we isn't
The Governors Volunteers, (colored) of At
lanta, jackson McHenry's company, held
a business meeting last night, and decided
to go to Washington if they can raise $3.50
the company. The money must come, says
jackson McHenry, from the people of At
lanta. as the company will advertise At
lanta in Washington on a big scale, Gen.
Longstreet having promised to give his
pei sonal attention to securing a cOnspicu-
Gus place for the soldiers in the parade.
Miss Addie Hamilton, a young woman
living with the family of j. L. Parker,
about two miles east of Butler, attempted
frtJ Got airrbf Tel
10, by taking an over dose of choral. AS
soon as discovered, a physician was sent for
on Sunday morning and found the young
lady In au unconscious condition. She had
also taken a large drink of brandy, which
acted as a stimulant and al o counteracted
the deadly effects Of the drug, otherwise
the physician thinks, it would have proved
fatal. She has given every intimation, and
the family firmly believe that the drug was
taken with suicidal intent. Her mind is Sc
riously impaired, and but little hope is
entertained of her recovery.
There is perhaps, no business in this
broad land SO precarious as the cotton bust
ne S. With the average cotton man it is
thirds one day and feathers the next" A
case in point was told by a well-known
buyer of Macon Wednesday. He said he
was standing near his office, when he was
approached by a seedy looking individual.
had not been SO addressed in long while,
and did not know what to make of it, fail
ing entirely to recognize the person. He
finally made himself known, and the Macon
man remembered him as at one time pros
porous cotton factor in a neighboring city,
with an income of $4,000 per year He had
met the fate of a large majority Of his
class, and, unable to recover himself, was
in the most abiect poverty. He asked the
buyer for 80 cents to relieve his immediate
wants. The money, and more, too, was
Forthcoming, and through his friends in
fiuence Mayor Price furnished him trans
port tion to Charleston, where he hopes to
get work.
The farmers in Georgia are still borrow
ing money. A lswyer from Rome said a
few days ago: I'VE have been very busy
lately. One branch of our business has
taken a good deal of time. We are agents
within the last forty days we have placed
$50, 900 for them with farmers in Floyd aud
Chattooga counties. They are borrowing
70 pay old debts principally. Some of these
are due to foreign loan companies and some
to merchants and factors. They generally
borrow a little more For instance one
man borrowed $4,000 He used s., 600 to
pay an old debt and the other thousand for
other purposes. 1t is supposed tn go into
by the two counties l don't suppose a tenth
went into improvements. The money is
borrowed on five years time, very much on
the same plan as the foreign loans. except
that the interest is much lower. Their in
terest and commissions amounted to 10 to
Is per cent. The interest, commissions and
fees in this case amount to 925 per cent?
William Collins stables and storehouse at
West Point were burned Tuesday morning
about o'clock. The fire originated in the
carriage and buggy department, and 1t is
thought to have been the work Of an in
cendiary. All the carriages and buggies
were burned. All the horses and a good
deal of goods from the storehouse, though
badly. damaged, were saved. There was
S., 900 insurance on the houses; on stock Of
groceries 81 800; on carriages and buggies
$1,000. The books were all saved. Some
Of the grocery stock was saved, but in
damaged condition. The horses, contrary
to all theories, rushed out of the burning
building as fast as cut loose. This same
property caught fire about a month ago in
one Of the old sheds where there was
quantity Of hay stored. This time the fire
broke out In the back part of the carriage
and buggy house, which was between the
grocery store and livery stable The insur-
ance Will possibly cover the losses on build
ings and groceries, but the losses on carri-
ages and buggies are heavy. the total loss
is $500
One OF the young bloods Of Talbotton
went out about five miles in tn country 10