davidaulloa/AmericanStories huggingface dataset:
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-02
Big Variety Shown
In Yelling Trade
Lace Effect and Beauty Spot Meshes
PopuIar-Seif-Colored Grounds
Moving Well.

Atlanta dealers report that lace
veilings and beauty-spot meshes are
generally regarded as the strongest
items in the yelling field this season.
Black wells are particularly active, al
though purple, taupe and copenhagen
on black and self-colored grounds re
moving well. Brown is also in de-
mand.
The demand for lace wells is prin-
cipally for black. with some call for
brown, navy, purple and taupe. More
colored meshes have been sold this
fall than for several seasons, and an
increased demand for purple varieties
is now noted. Such sta pies as browns
and black are also active.
A demand has suddenly sprung up
for vine figures on craquelle mesh
black, white, brown, navy. flesh and
taupe being the most active shades
Small plain hexagon and octaeon
meshes, with Shetland finish, con-
tinue TO hold their places among sta.
pie stocks. Frame wells are on n.
wane
The demand did not last more than
two months, although they were espa-
cially active during the early part Of
the season. There is steady call Cor
automobile wells and in these goods
the tendency now is rather toward
woven borders. instead of the home
stitched, so they can be used either
as scarfs or wells,
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-02

MEMPHIS, Nov. Difficulty in
arriving at definite conclusions As
to the size of the crop has suppl ID
cotton traders with divergent ideas
Of proper prices during the past few
days. The bad weather which fol
lowed the frost in nearly all sections
during the first half OF last week had
4 tendency to complicate the situa-
ton. Most Of the damage was to the
quality of the staple, though there is
no getting around the fact that the
number of bales was reduced consid-
erably.
The average grade of the crop is
perhaps the lowest in a number Of
years, which means the returns to the
producer will be less than II the fall
had been normal Further, there ara
claims that a considerable portion "
the crop in some sections has been
so badly injured that it will be At
only for junk, not being good enough
TO spin. This will reduce the amount
from which the consumers will get
their supplies. and lack Of definite m
formation along this line has con-
tributed TO the price fluctuations.
The rains following the cold spell
prevented picking over a large parI
of the belt practically all of last week
and part of this, thus adding to the
damage, as the fields were generally
white and many had not been
touched. In the Delta section Of this
territory practically no picking has
been done for two weeks. The move
ment already has shown some effec;s
OF this.
There have been number OF crop
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-02
New York Puts @, K,
On Louisiana Bonds
Famous Baby" Issue Held No Bar
to Savings Banks Purchase of
New Securities.

ALBANY. Nov. Louisiana State
bonds which it is proposed to issue
will be legal investments for trustees
of savings banks in New York State.
Attorney General Thomas Carmody
holds in an opinion given by MIN to-
day TO Superintendent George c.
NanTuyl, Jr., of the State Banking
Department. This opinion reverses
propositions embodied in opinions
given August Ii, 1909, and July 3,
1912
An application FOR a reconsideration
of the question was made by Gov
ernor l.. e. Hall Of Louisiana and E.
II. Farrar former president Of the
American Bar Association. the latter
acting as counsel for the Governor
in person before MI Carmody.
The facts said Mr. Carmody,
differ materially from the informa-
tion before this department when the
earlier opinion was written. 1t was
assumed in that opinion that the
Baby bonds of the State of Louis
lana We're legal obligations OF the
State upon which the State had de-
faulted.
1T now appears that those Baby
bonds were not bonds of the State for
the payment of which the credit of
the State was pledged. but We're is
sued against certain revenues of the
state. namely, unpaid taxes and were
payable out of these revenues only"
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-02
LAYS WASTE To
HANDICAP Of
SHERMAN LAW
DR.. VanHise Tells Mining Con-
gress Antitrust Statute Is
Foe Of Conservation.

PHILADELPHIA, Nov. AT the
American Mining Congress DR.,
Charles r. IanHise, president of the
University OF Wisconsin, arraigned
the Sherman antitrust law as the
one agency more responsible than any
other for appalling waste in mining
and the obstruction of the natural
resources of the country
DR.. VanHise said:
The wastefulness of the COMPETE
tive system may he proved with re-
gard to every product which is taken
from the earth. But the most disas-
trous losses in mining as far as the
future OF the human race is CON
cerned are in connection with coal.
Under the Sherman act there is
no opportunity to limit output di-
vide territory or regulate prices. Five
thousand bituminous operators could
produce 200. 600, 600 tons of coal per
annum beyond present demands. Tn.
Der the competitive system We are
recklesSly skimminC the cream of the
natural resources of a virgin conti-
nent, with no regard for the rights
Of our children and our childrens
children"
An attack on Federal control over
coal lands and water rights was made
by Senator John F. Shafroth. of Col
orado. in an address before the con
vention. His remarks were directed
particularly against Government
ownership OF 9,425.9O0 acres of coal
lands in Colorado. valued. he said. a,
$jO0000,000 10 $1,000 900. 600. He
urged the sale Of these lands to 7iti-
zens or to corporations
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-02
Neus and VO BY Experts of Finance Industry Crops and Cor
Cost Of Living to
Increase in Europe
Prominent Financier Expects Old
World TO Reach Americas
High Level
Special Gable to The American.

PARIS. Nov. George B!umen-
thai, the banker. to-day said.
q think there Is a marked increase
in confidence ard in the stability of
the future The period OF uncertain
ty 10 about past. Nearly everything
depends upon the supply Of current
gold II that is ample. stock prices
viii be normal ana we may look for
easy commercial conditions
Neither currency bill nor recent
tariff legislation is likely to affect
business unfavorably, except in a
most transitory sense"
will stabler conditions in trade
and finance the world over, together
with the tariff and currency legisla
tion in America, tend to decrease the
price Of living" Mr. Blumenthal was
asked. No" he replied. MY opin-
ion, strengthened by the observations
have made during my last st1
months in Europe, is that the cost Of
living, measured in financial terms,
will never again be brought down to
its former level.
"On the contrary, | am certain 9th
er countries win gradually approach
the American standard Of living.
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-02
WILSON DROPS
FIGHT AGAINST
U.S.SH|P REBATE
Adjournment Of Ways and Mean,
Committee indication Of Victor
for Leader Underwood,

WASHINGTON, Nov. 1.-Presjds,
Wilson will not ask Congress 70 "a
peal the per cent tariff different.
in favor of American ships.
Leader Underwood has adjourps
indefinitely the Ways and Mssu
Committee. This committee h,
charge OF any changes in the tariff
law, and its adjournment by Mr.. IN.
derwood, the chairman, indicate, In,
no changes are to be made in IN
tariff law or in any revenue measure.
now on the statute books
Underwood wrote into the tariff Law
the per cent differential TO aid n
the upbuilding Of the American me-
chant marine.
Committee Behind Underwood.
The Ways and Means Commute.
has been held by him for some week,
so that it could take up such changes
In the administrative features OF ths
new law as should be found neces
sary.
Underwood IS opposed to a repesl
of the per cent defferential. Hh
committee is behind him to a man.
The State Department officials ILL.,.
der President Taft decided that such
discrimination would not violate
any existing commercial treaty. In.
derwood had the help of this special
State Department commission In
drafting the section OF the law.
Secretary McAdoo, of the Treasury
who suspended the operation OF The
discriminating duty, is now working
out plan for enforcement Of liz
law. Mr.. Underwood says he cla
see no reason why such a provision
in the law can not be enforced
Can Make New Treaties
Attorney General McReyno.ls {.
whom this per cent provision 4
the tariff law has been referred Or
Secretary OF the TreasuEv Meade
viii hold that it conflicts with SOM
of the commercial foreign treaties
but Underwood will insist that ,a-
law be applied.
New treaties may be made nsges.
sary, but they can be negotiated By
the State Department, in the opinion
OF House leaders without specia
act of Congress and without chang.
in the tariff law.
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-02
Georgia Selling Off
Cotton Crop Rapidly
Bent on Taking Advantage Of High
Prices-Much Grain Being
SoWn.

ATHENS. Nov. 1.-Reports from
farm demonstration agents TO the Co..
lege of Agriculture, from all paris
OF Georgia, say that cotton and cot
ton seed are moving out Of the hands
OF the Georgia farmers rapidly
Farmers seem bent upon making use
of the good prices as quickly as pos
sible. Other crops are bringing goOd
prices and the Georgia farmer is get
ting square with the world in way
that denotes healthful business con
ditions.
In spite of the high price which
cotton Is bringing, reports from oveF
the State indicate that more oats ana
small grain are being sown than las.
year, which was the largest year toF
sowing of this kind in the State II IS
claimed. Judged by this, the farmers
Of Georgia are not being turned away
from diversity of agriculture TOWARD
which they are now progressing.
Much of the corn crop has not yes
been gathered. Such Of the corn cluo
boys as have closed their confess
have good yields, but no record break
ers have yet been measured up II
is apparent that the year 1911 vas
better yielding year than 1913 ioI
corn, but Georgia has grown more
corn this year.
1t is difficult for the farmers o.
Georgia TO get all of the seed tne'
want for fall sowing and plantins
Oats, vetch, rye, rape, crimson cIovs
burr clover and alfalfa are in gres'
demand.
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-02
Lack of Important
News, With Holiday
Abroad, Dulls Trade
Mexican Petroleum Furnishes the
Only Thrill, Dropping Three Points
and Rebounding.

NEW YORK. Nov. THE lack Of
any important news and the fact that
the British and Continental markets
were closed because Of All Saints Day,
operated to make the stock market
trading merely nominal. The opening
was weak, but toward the close prices
hardened. Things We're dun and the
price changes were without particular
significance. Mexican Petroleum, which
opened a full point off, furnished the
only feature Of interest The loss Of :
points shown by this issue yesterday
was increased by 3 points in the first
hour. This added loss was recovered
later.
The possibility Of i.-Dortant changes
In the Mexican situation over Sunday
ana the confusion brought about by the
eleventh hour changes in the manner
of collecting the income tax were the
main subjects Of discussion during the
day
News that the Senate Committee on
Banking and Currency had agreed 10 a
reduction in the number Of regional
banks from twelve 10 four was favor
ably received
The bank statement showed increases
In loans and deposits, but decreases in
cash holdings and surplus reserve.
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-02
Coal Operators in
South Encouraged
Demand and Price Good While Cot
ton Crop Is Expected to Help
Georgia Collections.

KNOXVILLE. Nov Operators
in the Kentucky Tennessee coal fields
are wearing a broad smile, for the
recent cool weather has speeded up
the activity OF an already active de-
mand for domestic coal while steam
coal continues TO improve As steam
coal from this field has been less ac-
tive than in any other field. with
price CorrespOndingly lower a decided
Improvement IN both demand and
price is expected within the next 80
days. Both are beginning 10 mate
rialize
The October output was readily dis
posed of at satisfactory prices and
the November output is being as
quickly placed with a decided ad-
vance in price. If the weather man
serves out normal weather during
the next so days domestic prices may
border on the farcy line before the
season is over As retail dealers us
uallv buy enough coal during the
summer to run them about the mid
die of November, prices after that
time depend almost wholly upon the
weather.
The car supply IS a matter of con-
siderable interest TO operators and to
buyers. Mines on the Southern Rail-
way report that they are getting only
so per cent supply of cars at the
present time, just the beginning OF
their season, while L. & \. operators
report a decidedly better supply, but
about 90 per cent shortage. As prac-
tically all OF the product Of the mines
on the Southern Railway moves into
Georgia and other Southern States,
the car supply situat ton affects the
market especially.
A recent canvass Of 50 representa-
tive retailers of the South showed
that retailers consider prospects for
the coming season very good. As the
cotton crop Of Georgia is proving
such a boon to that State. il will I'M
doubtedly make business good for
coal retailers, especially helping coll
leCtions,
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-02
News and Notes
Of the Grain Crops
By JOSEPH r. PRiTcHARD.


CHICAGO, Nov. 1.-The bulls IN
wheat are now looking toward crop
conditions in Argentina to make
some money for them. Cables from
the Southern Hemisphere say there
Is a possibility Of damage from To-
Gusts and quick changes in the wealth
err.
Stocks Of breadstuffs in the United
season, not only in the hands OF the
millers. but IN the elevators Grain
merchants have allowed the continent
to secure big lots of wheat, while
they have held off for lower prices,
and they likely will be obliged to &C
cede to the demands OF exporting
countries.
There Is e good sized open interest
in wheat at Chicago, with some OF the
stronger men in the trade on the bull
or long side Of the market. The bears
and shorts are scattered from one end
Of the country to the other Specu-
lation is moderate, with the business
confined largely between profession
ais
The corn market is in a strong DO
sition- The fear that Argentina .s
likely to secure some of our trade has
disappeared. That corn is being Of
fered at low prices and the Southern
Hemisphere is enabled to sell but lit
tie of It.
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-02
Banker Urges Export
Tax to Keep Gold Here
J. E. Gardin Says President Should
Have Power to Stop Recur-
rent Foreign Raids.

NEW YORK, Nov. Ito prote {;
Americas stock of gold against for
eign banking raids. an export tax
should be leviable by the President
This was advocated by Vice Presi-
dent John e. Gardin, OF the National
City Bank, before the Academy OF
Political Science
He said: The United States is the
only absolutely free market for gold in
the world and We nave to suffer for
our liberality.
II conditions are normal and eX-
changes are against US. II would
neither be wise nor good business
policy to place any restrictions upon
the export OF gold at all
IF the demand, however, is arbi-
trary, such as recently took place in
connection with gold shipments to
Paris, the President Of the United
States should he empowered to place
an EXPORT duty on all gold exports.
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-02
Quality of Cotton Is
Lowest in Many Years
Most Of the Damage From Recent Bad Weather
Is to the Grade.

estimates. most Of them running be-
low a. 000.O 600 bales. but the consef-
vative portion Of the trade is wary
about accepting them as yet 1t 5
realized BY everybody, however, that
chances are good for the total ylel1
to be below that amount, depending
to some extent on the weather during
the period of saving the portion yet
unpicked. Talk of above 14,5O0,O0O
bales is generally derided.
Spinners continue buying conserva-
lively. The prospect for trade is
either not so good as has been
thought, or the mill people have not
come to the conclusion that the crop
will be as small as is believed in the
belt.
Business in the actual has been
moderate during the week, with prices
disposed to sag just little in sym
patty with the reactionary trend OF
futures. There has been little dispo-
sition on the part Of producers to
hold, yet concessions have been
granted with some degree OF hesita-
ton. Some Of the local buyers have
said during the past few days that
the eastern belt had been more Will
ing to sell at a lower level than those
in other sections, due to the larger
yield in the east.
Passing of the worst stage ~
weather damage complaints and the
fact that the bull news had been
largely discounted has given bears
chance for some aggressive efforts,
and they have made some use of il.
Sentiment, however, continues to ne
favorable to prices being sustained
we'll above the 13-cent level.
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-02
Argentine Corn Is
Plentiful Abroad
Weakness in Yellow Cereal Is Felt
SympatheticaIiy in the
Wheat Pits.
BY JOSEPH F. PRITcHAep.

CHICAGO, Nov. lit has been said
all along that there would not be enough
Argentine corn to come into the United
States or find its way into the import
ing countries of the Old World to be of
any consequence as price maker, but
this now may be disregarded Liver
pool was 81 to lid lower for corn
futures to-day and spot Argentine was
Id lower. Reports of corn in that mar
ket for Monday are expected to be
heavy and stocks are large. The pres
ent weather has brought out more corn
than was generally expected. as pri-
mary receipts this week were 2,705 ,000
bushels. 700 900 bushels in excess of
the week year ago.
The actual receipts of corn at Chi
cego to-day we're only 90 cars Cash
sales yesterday were fair at 100000
bushels.
The weakness in corn seemed to car
~ considerable weight within the wheat
market There were declines in the lat
ter Of only Is 10 = cent, but where there
were many bulls earlier in the week.
the entire trade favored the bear side
at. the close.
Not only at Chicago. but az the North
western markets, the more cautious
traders in wheat advanced the opinion
that before long there will be an in
crease OF the premium of the cash
article over the futures
Cash sales here were only 5000 bush
els and the seaboard reported so loads
of Manitoba as sold for export
oats We're heavier and showed net
losses of 3 10 q cent for the day. The
weakness in corn and wheat was q bear
help.
Provisions were active and averaged
a little higher most of the session
CHICAGO GRAIN MARKET.
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-02
INTERIOR MOVEMENT.
Wisconsin Gives First
State Life Insurance
Former Speaker, Author Of Bill, Gets
Initial Policy Under Precedent-
Making Law.

MADISON. WIS. Nov. THE first
policies in a State life insurance fund
in America were issued to-day by the
Insurance Department Of Wisconsin.
Former Speaker Charles A. Ingram,
of Durand. who introduced the meas
ure in 1911. received the first policy.
Applicable came from several
States. but under the law policies may
be issued only to residents OF Wis
consin.
No policy is issued for larger
amount than $1,000. When the num-
Der of policyholders reaches l 1000 the
maximum policy issued will be for
81, 900, and when the number reaches
2 600 the maximum policy will be for
1000, the highest amount authorized.
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-02
Bankers Aid State,
Then Are Accused
New York Syndicate Surprised by
Charges of Fraud in Buying
Tennessee Notes.

NEW YORK, Nov BANKERS
composing the syndicate which pur-
chased a considerable amount of the
State OF Tennessee short term notes
not long ago expressed surprise at the
story charging them with buying tho
notes for 1881. selling them for $685.
and dividing the difference with the
members of the Funding Board Of the
State
The members OF the syn-.cate were
inclined to iook upon the report as the
result of a political squabble between
the Democratic and Republican par
ties in the Legislature.
It was said that the syndicate in
stead Of making a formal reply to the
charge, would wait until asked to 30
so by the State, when they would
willingly dAulge all details OF the
transaction and would permit any in
vcStigation Of its books
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-02
LIVE STOCK,

CHICAGO. Nov. Hogs: Receipts
10 900; market steady. mixed and butch
ers. 7400s rs; good heavy. 7SOaS25:
rough heavy. 7.40Q7.70: light, 7.60gSl5;
pigs, 44OG7.75: bulk. 7.75TS2o
Cattle: Receipts, 200; market steady;
beeves, 7.15de.i0 cows and heifers. 82s
4Sl5, stockers and feeders, 5-50q7 40;
Texans. 6.25lS 0C; calves, SO0IlO75.
Sheep: Receipts. 5000; market steady;
native and Western, 27505.10; lambs
4S5m7.60
ST. LOUIS. Nov. l.-Cattle-Recelpts
1900, including 900 Southerns. Mar
ket steady Native beef steers, $3.50
ds25: cows and heifers. s4.75Gs 80:
stockers and feeders, $1,000 rs; calves,
Sc 01G10 c5 Texas steers, S+.75G Z. %;
cows and heifers, s400aS.0o; calves,
81 25d5.50.
Hogs Receipts 1000. Market Sc to
Zoe lower Mixed. s770NS0o; good,
s. g0u 90; rough, s. 50d 765; lights
s7.75aS.co; pigs. s650a7.50; bulk, $40
67s0
Sheep-No receipts Muttons. s3.75d
40, yearlings, 5000 90; lambs, So Is
al so
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-02
U, S, Now a Large
Importer of Beef
Figures Show We Have Changed
From an Exporting to an I'M
porting Nation.

United states has changed with star
tlinE suddenness from a small beef eX-
porting country to a very large beef i'm
porting country. is shown by report
issued by the Department Of Com
merCe.
This report shows that the exports
~ beef and beef cattle have fallen from
- 400 600 value in the eight months
ended with August, 1904. To practically
81 900 900 in the corresponding months
OF 1918 and that the imports Of cattle
meantime Increased from 1887 in the
eight months OF 1904 10 S3i0,10 in the
same period OF 1919. and their value
from SlSl,i+5 in 1904 to S5,O31 s42 in
1913
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-02
Cotton Ends Week
With Small Decline
Market Is Nervous and Price Fiuctu-
ations Are Irregular During
Short Session.
BY EDWARD LOW RANLETr,

NEW YORK, Nov. THE cotton
market was nervous and unsettled and
fluctuations were irregular The open
ing was steady at d decline Of 2 to s
points and active months sold 10 TO Y
points net lower during. the early trad
ING IN response to weak Liverpool ca
oles, liquidation by scattered buyers
and renewal Of bear pressure. Lead
ing trade interests again We're free buy
RS. taking good deal Of cotton out
OF the ring on a break TO 1886 for
January contracts. The market rallied
during the middle Of the morning on
this demand, which inspired COnsidera-
bic covering by shorts. but after SELL
ing back ID Fridays closing figures
prices again eased Under realizing and
increased offerings following a crop es-
innate Of 14.6s0,050 bales minimum by
a prominent Alabama spot firm. The
close was steady at a net loss Of to
points
Liverpool attributed the weakness to
increased offerings Of actual in a com
paratively ARROW marke' The South
was more or less conflicting. some
claiming that the South was offering
freely, while others said that factors
were refusing to follow the decline
The Southern CORES oudents Of a
prominent local spot firm estimate gin
ming to November ! at S.7S7,lSe bales.
against the official report Of $50. . :
last year and $3.50. sos two years ago
These figures would indicate q compar-
atiyely small ginning for the last pc
riod, which, however, may be partly al.
tributable 20 unfavorable weather,
Estimated cotton receipts:
New Orleans $500 to $500 S,2i4
Galveston 1890 to 2o,50O 31,177