davidaulloa/AmericanStories huggingface dataset:
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1907-11-26
follows:
THE SPECULATIVE MARKET.

Yesterdays developments in the
speculative cotton market are summar-
ICED in New York dispatch Of last
night as follows.
The cotton market was moderately
active today with fluctuations irregular
and the close steady, points higher
for November but generally 8 to
points net lower on other options. Sales
estimated at 275,O0O bales.
The market opened steady 8 to 8
points higher and during the early
session sold up to a net advance Of II
to IA points on covering Of shorts and
bull support which was probably in
spired by the higher Liverpool cables,
reports that Lancashire labor troubles
had been settled, and expectations Of
a bullish private crop estimate at mid
day January sold at 1880 on the ad-
vance but no stop orders were caught
at this figure as expected and later the
market eased off under realizing or IL
quidation by early buyers who may
also have been disappointed by the an
nouncement that the private estimate
looked for at midday would not be is-
sued until next Friday. Reports that
many New England mills would close
down from Wednesday for the balance
Of the week and would go on short time
next week probably promoted selling
during the afternoon when the market
ruled rather easy and unsettled, with
the close only q point or two up from
the lowest. A private crop estimate
issued early placed the yield at 12,000.-
900 bales. Private wires reported firm
ness on the part Of interior holders and
bulls claimed that Carolina mills were
in the market for raw cotton.
Receipts at the ports today 54,293
against 68,384 last week and 63,099 last
year. For the week 100000 against
351,533 last week and 402,13S last year.
Today's receipts at New Orleans 1905
against 1876 last year, and at Houston
7 7,435 against 16,417 last year.
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1907-11-26

How THE NEW ISSUES WILL HELP
One Of the national bank cashiers be-
ing asked how the issue by the gov
ernment of s50,000,000 two per cent
bonds and $100.000,000 one-year certi-
ficates would help the financial situa-
ton. replied:
Relief, which Is as much needed now
as it was last week and the two pre-
vious weeks, will come In two ways:
First. boarded money will come out OF
its hiding places for investment in the
certificates, as no one discredits the
United States government; second, ma
tional banks which have not taken out
the circulation allowed them will get
new circulation to the amount to which
they are entitled, to secure which they
will purchase the three per cent certi-
ficates and deposit them with the gov
ernment.
The treasurer will then deposit rs
per cent Of the money received from
the sale of these certificates with that
bank, to secure which the bank will
denOsit with the treasurer the munich
pal bonds which are received by the
treasury department under a standing
rate. that is to say, state. city and rail-
road first mortgage bonds. Many OF
the banks hold such bonds, but If they
do not. they can borrow them by pay
ing a fair rate for the use Of them. This
will turn loose the IS per cent deposited
by the government with the depositary
banks. At the end of one year, when
the certificates mature. the banks can
either retire what circulation they
don't want or buy some Of the issues
Of government bonds and replace the
certificates withdrawn.
1T is expected that large amount
Of money will find its way into circu-
lation in this way-Charlotte Obser-
YER
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1907-11-26
PLAN TO REDUCE ACREAGE.
Farmers Union Board Of Directors
Meets In New OrIeans.

FARMERS Union 6oaro OF Diroctoro
Meets In New Orleans.
A plan to reduce the acreage of
cotton next year in an effort to control
Its price was arranged tonight by the
board of directors of the Farmers Ed
ucational and Protective Union of
America. A meeting was called to
be held In Memphis on January next
to lay this plan before the cotton
farmers Of the south.
The proposed reduction in acreage
Of cotton is to fix the minimum price
OF cotton at about fifteen cents per
pound. Estd FtI 80
"The Union controls six million
bales today" said President C. s. Bar
rett of Georgia, of the Union, ..and we
are confident that at least 65 per cent
Of this can easily be held Off the mar
ket without any suffering resulting to
the farmer through lack of sufficient
funds and supplies from other crops.
shall be greatly surprised II we do
not see cotton selling at fifteen cents
pound before January /, 1908, but
believe that q reduced acreage next
season will make 1t even higher"
1t Is proposed to establish agencies
at Galveston, New Orleans and Savan-
nah to enable farmers to keep In close
touch with the spinner and save the
middleman's profit. 8 3
A circular letter alleged to have
been written by prominent cotton
speculato- urging bankers to force
cotton on the market by foreclosure
was read to the directors today. They
decided to issue an official call for
farmers to withdraw deposits and 9TH
erwise to boycott banks which attempt
to force the marketing of cotton by
foreclosure. The directors announced
that their reports estimated the pres
ent crop at 100000 bales.--New
Orleans dispatch Of November % to
the News and Courier.
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1907-11-26

on the question Of issuing $4,000 worth
of bonds for sewerage and water pur-
poses: John r. Hart, Hugh G. Brown,
w. Thomson Jackson, T. w. Clawson,
P. w. Love, J. M. Brian, c. H. Sandi-
fer F. E. Quinn, o. E. Wilkins, NJ. w
White, w. r. Latimer, ]. E. Lowry, D.
E. Boney, H. C. Strauss, w. L. Baber
M. c. Willis. L. r. Williams, F. P. Nc
Cain, T. F. Mellow. J. @. Wray, Jno.
r. Logan, Dr. ]. B. Allison, NJ. B. Jen-
nings, T. c. Dunlap. w. w. Jenkins; D.
E. Finley, ]. ]. Hunter, q. W. 8. Hart.
D. T. Woods, ]. A. Sherer, Rev. w. E.
Hurt. A. M. Grist, w. s. Neil, J. B. Pc
gram, B. F. Smith, w. D. Grist, Francis
Tiddy, r. S. Mcconnell, w. H. McCon-
nell, W. H. Herndon, F. e. Smith, o. E.
Grist, A. F. Woods, Quinn Wallace, j.
L. Sanders, w. M. Kennedy, w. B.
Moore, ]. F. Youngblood, VIM. Dick
son, Jas. Tiddy Geo. T. schorb, F. C.
Black, S. M. Grist, G.. H. O'Leary, B. F.
White, E. M. Stanton, L. G. Ferguson,
VIM. B. McCaw, c. F. Sherer. G. w.
Sherer, ]. M. Ferguson, D. L. Schneider,
r. c. Allen, B. N. Moore, w. w. Lewis,
H. H. Beard, ]. P. White, r. B. Lowry.
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1907-11-26
EoCAx. AFEAIR8-
NEW ADVERTISEMENTS.

w. B. Stroup, Executor-Calls on
the debtors and creditors Of A. c.
Stroup, deceased, to make settle
ment with him.
Alexander Feemster, Hickory No. l.
Wants information as to the pres
ent whereabouts Of an estray mare
mule, missing since November II.
Mrs. E. B. Beard, Pres.-Announces
a bazaar for the benefit Of Trinity
church will be held in Commercial
club rooms on Friday, December g..
L. L. Campbell and H. Q. Alexander
Announce that on December Atm,
they will sell the personally Of the
estate of DR.. Thos. w. Campbell,
deceased, for cash.
Herndon & Gordon-Publish re-
quest for w. H. Herndon that his
fertilizer customers pay their ac-
counts and notes.
Glenn & Allison-Invite you to come
in today for that new buggy and
harness and tells you that good We
hicles sell themselves.
Yorkville Hardware Co.-Has q very
complete line Of cooking stoves and
ranges and says 1t can please you
in sizes and prices.
Strauss-Smith Co.-As the result OF a
lucky purchase are Offering fruit
of-the-loom and Lonsdale bleach
ing at IL 1-2c a yard. Will be
closed Thanksgiving Day.
I. w. Johnson-Has just received a
supply Of raisins, currants, citron,
pecans, walnuts, etc.
M. w. White-Remarks that while
happiness depends on what we are,
there is no harm in accommodating
something for declining years.
Yorkville B. & NJ. Co.-Reminds you
Of its special 10 per cent discount
sale in its dry goods department.
which continues to December /.
National Union Bank-Tells you that
wishing for things don't get them.
It takes money and the way to get
money Is to save II by depositing In
its savings department.
First National Bank-Explains how
one man built a house and had
something to take care Of him In
old age.
Star Drug Store-Calls attention to
its line Of cut glass and handbags
that It Is now showing.
j. L. Williams & Co.-Are making
special prices on rain coats for men
and women.
Thomson Co.-Talk about big line
of sundries, dress goods, clothing,
shoes, blankets, domestics, etc.
Loan & Savings Bank-Will be closed
Thursday-Thanksgiv Day.
]. c. Wilborn-Offers additional real
estate for sale in different parts Of
the county.
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1907-11-26
WILL ISSUE COTTON SCRIP.
farmers Union Warehouse Company
nae;Ioe - Iaeua Fiat Monev.

Farmers Union Warehouse Company
Decides to Issue Fiat Money.
Official announcement has been
made by E. A. Calvin, manager of the
Farmers Union Cotton Warehouse
company, says Houston, Tex, dis
patch to the New York Commercial,
that the company has decided to issue
fat money at the rate Of $50 for every
bale of cotton held in the Texas ware
houses. There are approximately
25O, 900 bales stored, and, subtracting
the cotton sent to be held In Liver
pool and Hamburg, 1t is expected that
not less than $5,000,000 In fiat money
will soon be turned loose In Texas.
The Texas Farmers Union guarantees
the issue, and every dollar Of scrip
will be backed up by cotton In bond
ed warehouse.
II is believed. that the, merchants
will accept the scrip at its face value,
depending later on the Farmers' Un-
ion Bank In Houston to take II up.
The scrip is to be issued In bills Of 81,
80, IS and $40 denominations, and Is
already being printed, by Houston
firm.
D.. J. Neil, president Of the Farm
ers' Union, and Mike Thomas, q we'll
known New York operator, passed
through Houston last Friday en- route
to Louisiana and Mississippi, where
they go to unity the sentiment Of hold
ing cotton. They refused to state
their mission other than this, but from
local men with whom they talked II
is learned that they will also attempt
to prepare the cotton men Of those
states to accept the fiat money TO be
issued by the Texas contingent, or in
lieu thereof to consign 1t to Liverpool
or Bremen and order It held there.
The Texas cotton men have already
decided to send man. to Europe to
see that the firms receiving the cotton
there do not sell 1t or use 1t. This ac-
tion Is said to have resulted from the
statement of men at the head OF az
fairs that. the European financiers
would turn the staple over to the.
manufacturers as soon as II touched
foreign shores, counting upon paying.
only the market price later.
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1907-11-26

greatest present interest to the church.
at large as well as to the public gem
orally is the matter of the assignment
Of the preachers for next year.
AS has been suggested, there are a
great many people in the church, min
listers as well as laymen, who. claim
that the presiding elders have been
running things heretofore very much to
suit themselves. There are those who
believe that the presiding elders have
been disposed to subordinate the inter-
est Of the church at large to their own
personal comfort and temporal welfare,
and that they have been pursuing a
policy Of first making themselves safe
and then giving out the best appoint
ments to the preachers who could best
be depended upon to help uphold their
continuance in position and power.
But however all this may be, wheth-
er any Of 1t Is we'll founded or not, the
Methodist of the state seem to have
unlimited confidence in the fairness,
ability and wisdom of the bishop who
Is to preside at this meeting Of the
conference. This bishop Is Rev. DR.. H.
C. Morrison Of Alabama, generally con-
ceded to be one OF the finest preachers
in America, and also level-headed
Christian gentleman, who occupies a
plane high above any small minded and
purely worldly considerations.
Whatever may have been said or
thought about the alleged undue infiu-
ence of presiding elders over other
bishops, 1t seems that no one considers
such influence possible In the case OF
Bishop Morrison. He has q record OF
following his own best Judgment, both
in the matter Of appointing presiding
elders and in assigning the preachers.
He gave the Western North Carolina
conference a shaking up at Salisbury
recently by reducing six OF the eleven
presiding elders to ranks and changing
three to other districts. What he may
do at Gaffney nobody knows. There Is
feeling that he will probably shake
things up pretty lively; but so great Is
tho confidence OF the conference In the
propriety and righteousness Of his pur-.
poses, whether he makes changes or
not, whatever he does will be accepted
as for the best.
The probability Is that conference
will adjourn next Monday night, and
IL so The Enquirer hopes to publish
the appointments in its issue OF next
Tuesday. f..ss
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1907-11-26

THE Chester Lantern does not think
much of the idea Of erecting Con-
federate home in Columbia. It's views
as to the best way Of caring for Con-
federate veterans who need to be cared
for are rather more practical. Let us
not" says the Lantern, put these old
men under the necessity of choosing
between leaving their home scenes, as
dear as life, and getting along with a
pittance of a pension. Let us give
500 a year, or more if necessary, to
every old Confederate soldier who is
in such condition that he could be ad-
mitted to a home and let him live
where he pleases. Ninety-nine out of
a hundred would prefer this by great
odds, and it would not cost half as
much" That, we think, is very sem
sible, and we have an idea that most
of the Confederate veterans of South
Carolina will give it their endorse
ment.
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1907-11-26
Within THE TOWN.

There will be little If any business
in Yorkville Thanksgiving.
Trade conditions are improving
Most of the business people did we'll
yesterday.
Union Thanksgiving services are
to be held in the Methodist church next
Thursday morning. Rev. I. G. Murray
will preach the sermon Of the occasion.
The thank offerings will go as those
who make them may indicate.
Messrs Barron Bros, have pur-
chased the ]. w. Dobson house and lot
on West Madison street, and will erect
a livery barn on the lot. They expect
to begin work on the erection of the
barn in about a month. S. ]. Kimball
G. Son are to conduct a livery business
at the present stand Of Messrs. Barron
Bros.
Following is a list of those who
voted in the election Of last Wednesday
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1907-11-26

THE Yorkville Enquirer repeats a
story attributed to Mr.. Hayne, Of the
Brown -Hayne- Sully syndicate Of 1903,
in which the details of the successful
corner Of cotton are given. 1t Is inter-
esting, but does not touch upon our
contention that financial kings" of the
east are not concerned in buying up the
south's cotton at bargain counter
prices. And that was the point.-CO-
lumbia State.
And as the result of all this heavy
argument between The Enquirer and
the Columbia State. there is no agree
ment even as to the point under dis
cussion. We have said about all we
care to say. In the meantime, however,
we would be pleased to have our es-
teemed contemporary give us about a
column in justification of the practice
Of northern commission houses in max
ing a difference of from half cent to
a cent pound between southern and
northern yarns. against the former in
favor of the latter.
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1907-11-26
AMERICAN MANUFACTURES.
Their Aggregate Value Foots Up Fif-
teen Billion Dollars.

Washington, Nov. 24.-Fifteen billion
of dollars represents the value Of the
annual production Of manufactures In
the United States. After careful esti-
mates were made by experts, Col: John
NJ. Carson, chief Of the bureau Of man
ufactures, was able to make this state
ment in the annual report of the opera
tions Of the bureau, made public today.
The figures do not represent finished
products entirely, but include products
in various stages Of progress. Last year
the aggregate value Of domestic mer-
chandise exported was $1,854, 100000, an
increase Of nearly $136.000,000 over the
preceding year,
In this classification manufactures
ready for consumption" are credited
with $3.50, 100000 and these figures are
generally accepted as the extent OF the
exports of manufactures. The report Of
the bureau, however, groups this clas-
sification with those of "foodstuffs
partly or wholly manufactured" and
manufactures for further use In man
ufacturing;" the aggregate exports OF
which last year were S606,060,000 and
this amount added to manufactures
ready for consumption" make the ag-
gregate value Of manufactures export
ed in the year, ended June 80. $1,0S6,-
100000, or more than 58 per cent Of
the entire exports for that year. Spe-
cial significance Is attached to the In
crease Of nearly $20,O00,000 in the ex-
ports Of completed manufactures, In
view of the fact that the exports OF
cotton cloths declined more than $21.-
000, 1000. this loss being entirely In the
cotton trade with China. The popu-
lar feeling aroused in that country
growing out Of alleged outrages against
Chinese residents in the United States
is assigned as a contributory cause for
this decline.
The cotton seed product exports for
the year were upwards Of $40, 0,500,000, an
increase Of $9,500,O00 over 1906. In
commenting on these figures the re-
port says:
aside from its intrinsic value this
relatively new industry has an eco
nomic value and Importance to the
country the beneficial results Of which
are especially felt In the several states
in which cotton Is Indigenous, and In
which the cotton seed industry is nat
urally located"
The success attending investigation
by experts sent abroad has led to the
adoption of the policy Of specializing
Of trade conditions In
foreign markets.
One Of the obstacles to the enlarge
ment Of export trade is the uncertainty
Of transit between places Of production
and the seaboard.
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1907-11-26

"THE real trouble responsible for
the threatened squeeze in December
options in New York." says the Nash
VILE American, sis not due to a spec
ulative long interest, because none ex-
lists; it is due to the tremendous short
interest. The bear pool, headed by
Theodore H. Price, is currently report
ed to be short more than 100000
bales of the December option. Against
this speculative short interest are the
hedges held by the spinners and ex-
porters who need the cotton for legit-
innate manufacturing and exporting"
It has been reported during the past
few days that Price has been able to
get out of the tight place he was in for
some weeks; but as to whether or not
any credence is to be attached to
such a report. it is impossible to say.
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1907-11-26

The Annual meeting Of the South
Carolina School Improvement associa-
.tion is to be held in Columbia on De-
cember 30-31.
Basing the comparison on the amount
Of money paid over to the county
treasurer, Magistrate Smith of Broad
River township was the busiest magis-
trate in the county last year.
There will be another opportunity
next Monday to get registration GER
tificate. Those who are entitled to
register, but who have no certificates
should be around next Monday.
Justice Brewer Of the United States
supreme court made a speech the 9TH
er night in which he intimated that
Mr. Roosevelt Is in favor Of the laws
against trusts and combinations; but
not in favor of their enforcement.
After the sounding Of the calendar
yesterday morning. the bar consulted
Judge Wilson as to the advisability Of
drawing a venire Of petit jurors for the
fourth week Of the present term. His
honor replied that SO far as he was
concerned 1t was all right; but went on
to suggest that the jurors might not
appreciate such close enoroachment
upon the holiday season.
Though presidln- over the circuit
court for York county for the first time,
Judge John S. Wilson Is not a stranger
to Yorkville. He was one Of the big
boys" in the old field school taught by
the late Rev. Dr. Robert Latham at
Laneham during several years imme-
diately following the war. He has a
number Of relatives In this vicinity and
numerous friends and acquaintances.
It oives the people generally pleasure
to welcome Judge Wilson back in his
present capacity
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1907-11-26

noon Of November IS to noon Of the
18th. Though the liner demonstrated
her ability to develop a higher speed
by day under favorable conditions than
the Lusitania has thus far proved her.
self capable of. an uncommonly stormy
passage and fog enforced caution on
the coast. combined to keep her record
time ten hours and thirty minutes be-
low that established by her sister ship.
Capt. Pritchard believes that In a fair
weather passage he can beat the Lusi-
tania from coast to coast.
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1907-11-26

THE rumor has been revived to the
effect that 10000 bales Of Liverpool
cotton are on their way to New York
for delivery on December contracts.
Such a rumor was started a week ago;
but it proved to be untrue. AS to
whether 1t is true now, cannot be def
nitely ascertained. There is no doubt,
however, that the. December short in
terest has been scared for some time,
and it is probably scared now. The
shipping Of cotton from Liverpool
when there are over 100000 bales in
the hands of the farmers Of the south
indicates that the bears are in des-
perate plight generally. But there is
nothing absurd about such a proceed
ing. The success Of the bull corner
will cost the bears millions Of money
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1907-11-26

THIS seems to be a queer cotton
season in more respects than one. Eu-
rope stands for good prices, while the
markets on this side have thus far dis
played little solid conviction Of any
sort. If the native doubters can be in
duced to fall in line with the grower,
his hackers and the foreign spinner,
things will move upward at lively
rate.-Charlotte Observer.
That describes the situation very
nicely But the native doubters seem
to be coming around all right. 1t is
slowly but steadily dawning upon them
that the situation, though strange is
very real.
Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1907-11-26
SOUTH CAROLINA CONFERENCE.

Inc OIle f1uHuTeu anu I"euly oSC-
ond Annual Conference Of South Caro-
olina Methodism will convene in
Gaffney tomorrow, and the interests of
thousands and thousands Of people
throughout the state will be centered
on that body until it's adjournment,
probably next Monday night.
The feature Of the last conference,
which met in Columbia, was the prog
ress Of the Creighton trial. Mr. Creigh-
ton had for long time been charging
that the conference was under the
domination Of a ring composed Of the
presiding elders, who ran things to
suit themselves regardless Of the well
fare Of the church, and the trial which
developed out Of his structures, was
looked upon by many people in the
church merely as a kind Of cut and
dried affair, arranged principally for
the purpose Of getting rid Of Mr..
Creighton.
There were many. people, Of course,
who took the opposite view-good,
honest, and earnest people too. They
felt persuaded that Mr.. Creighton was
only a marplot, source Of unending
trouble and they felt and still feel that
his conviction as the result Of the trial,
was just and proper outcome Of the
whole affair. The Creighton case was
settled by the exclusion Of Mr.. Creigh-
ton from the church, and 1t cannot be
revived at this conference; but still 1t
would be stretching charity and truth
somewhat to say that the issues Of
which Mr.. Creighton became the ex-
ponent have been entirely forgotten.
The conference has a good deal Of
routine business to attend to in the
consideration Of the various matters
that usually claim it's attention such as
work, the licensing of young
ministers, the welfare Of schools and
colleges; but the one matter Of the