davidaulloa/AmericanStories huggingface dataset:
The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1916-09-08
YESTERDAYS GAMES.
American League.

Philadelphia, 0 /
Foster and Thomas; Majors and Pies
mich.
At Chicago
Chicago, > /
Cleveland, 3 IL
Faber and Schalk; Bagby, Coumbe,
Morton and O'Neil.
At Detroit
st. Louis, 6 ) o
Detroit, ; 10 /
Davenport, koob, Plank and Hart
ley; Dauss, Boland, Dubuc, Cunning
ham, Mitchell and Stanage, Baker.
The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1916-09-08
National League.

National League Games Today
Brooklyn at Boston (double-header)
Philadelphia at New. York double,
hesstlesY.g- - -
Cincinnati at st. Louis.
Chicago at Pittsburg.
The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1916-09-08
STANDING OF THE CLUBS.
American League.

American League Games Today.
Boston at Washington.
New York at Philadelphia.
st. Louis at Detroit.
Cleveland at Chicago.
The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1916-09-08

At Washington first game
Washington, - Q =
New York, 4 " 2
Gallia and Henry; Mogridge and
Alexander.
At Westinghouse second game
New York, 3 8 /
Washington, 2 8 5
Fisher, Shawkey and Walters; Ayers,
Craft, Goodwin and Williams.
The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1916-09-08

Oscar Hammerstein and proved to
be one of Hammerstein s greatest
triumphs. If you have never heard
Countess Labia $ voice, ask to hear
it-Edison Recreation, No. 82O37.
The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1916-09-08

BREAKS TWO WORLDS RECORDS
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-08-13
BANKING INSTITUTIONS
SEEKING HIGHER MARKET
No Question That Their Attitude at
Present Is for Increase
OF Prices.
ALL ISSUES REMAIN STRONG
Announcement That Railroad En-.
pIoyccs Will Refuse to Arbitrate
Their Demands Apparently Has
Little Effect on Street.
ny uRoADAN WALL.

NEW YORK, August l2-Following
strong stock market. the banks is
sued statement to-day. showing n
decrease in the actual surplus reserves
of So.225.640. The loans were increased
s:4.24l 900 and demand deposits sac. =
'4s,0oo. The average statement show
*6oi.7lo. Loans increased sl5.6S4.O00.
and demand deposits increased 500
latire buying OF stocks towards the
end OF the week. After this state
ment there can be no question of the
interest ,, taken by banking institutions
Stocks were strong in the face Of
announcement, that the railroad en-
ployecs would refuse to arbitratc. Of
ncial announcement OF this was with
held until the market closed. but
everybody knew IL was coming and no
body cared. Nothing matters when
tain thing. as II Is III the mood now
TO have better market. Handing
the problem over 10 President Wilson
for solution plcascS the Street.
Copper showed the most vitality.
Anaconda being the leader. This stock
Was at one time more than points
lowed by Utah. which gained more
than q point. and by Tennessee Cop
per which exhibited strength for the
first time In weeks.
steady and not materially changed
from Fridays quotations. More talk
was heard OF extra dividends and
bonuses.
Pan Handle was strong on report OF
consolidation by the Pennsvlva MIA
Of all it's little railroad companies
west of Pittsburgh. Now that the le-
gal ownership of small lines is no
longer questioned by the government.
il liz the understanding that all the
great systems TO wipe out wher-
ever possible subsidiary corporations.
There are only about twenty railroad
systems in America, but several hun
dred companies.
Although fear of a strike is gone.
Wall street paid much attention 10
the discussion. because the street is
anxious over the outcome Stocks
have been held at levels that discount
complete victory, and Wall street be-
lieves that there is at least some JUS
t'ce in the demands OF the men.
NEW YORK August l2-M.rcantil- pa
per 33t; sterling, sixty-day hills. al ] =:
demand. tIS li.ls. cables. $50 '-ls. bar sill
N.c sSl-t Mexican dollars. 81 Govern
men, bonds steady. Railroad bonds. steady.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-08-13

tn" actual condition Of clearing house banks
and trust companies for IN" w""k shows
that they hold sI03.oS7.ito r"srrv" IN c>ccS,,
OF legal requirements. rhia h d"crcaS" OF
S?.2:t6,0 from last week. RI" statement
follows:
Actual conditions:
Loans. discounts. etc. sG,2iS.0sac"o: increase.
$23.2ii.COO
Reserve In own vaults. SUI. i5?.c"0. az which
800. coo IL specie: Increase. s2.sai.cco,
Reserve In other repositories. I5.Gji 600 .
increase. S2.lti.ooO
Net demand deposits. ss,ltS, isi. CNo. increase.
S3S."tS.GGD.
Net time deposits. s2ie.sss.coo: Increase sia-
! circuiat Ion, sSi.3 600: increase &o7ono
Aggregate" reserve. sGi5.GNJ Oh
Excess reserve. Slo30S7,1i0: decrease" ga
224 $40
Summary Of State banks antitrust com
! pa MES In Greater New York. not Included
! In clearing house statement:
| 81. $50 600
| Specie. $4,000. 900. Increase. slo7.lO
Legal tenders. sS1ii50O: decrease. 81 500
Total deposits. sS73S3?.ooc Increase. 81 sOi
Banks cash In vault. sli.s
Trust companies cash In want
| SIS vi. $50. ''
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-08-13
COTTON GOODS REVIEW

NEW YORK. August l2.-Cotton goods
markets ar" ruling very strong and many
mills are extending their contract com.
,nitments into next year. The scarcity OF
TABOR continues to restrict the OUTPUT Of
mills and finishing plants. aud the dim.
cuiueS nf securing merchandise promptly
delivered are impelling the placing Of fu.
tur" business i'm several directions Bcachcd
*hc"tinEs sold to the jobbinG trade are to
to" advanced half cent n yard and the now
pric" Is guaranteed until November IL 10y
on" OF the largest producers. Brown sheet
ings. print cloths and convcrtib!cs In hn,
ana medium yarns have been In good de-
mand at higher prices.
Jobbcrs are receiving steady orders for
spot ana futur" goods from the many
tailers now in the markets. Colored cnttons
rule very firm In consequence OF the alb
normal costs Of dyes. Handlers Of wash
Fabrics OF all kinds making good head
way In cleaning up s"asonable styles. and
thcy are booking orders for spring, 1871 In
moderate way. whit. goods, quilts u nd
towels are very firm. The demand for
goods for export continues large. csp"Cia lIy
In knit goods lines. and trade Is limited
principally by tn" inability to deliver
promptly.
Prices quoted a. follows Print cloths
2s-inch 1tA6fs. "a cents: 64N50's, l-S
cents: ~ l-.-inch. 6ix6fs & l-SpG IL cents:
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-08-13
COTTON MARKETS.
tHy Caskic 9 Burch z Col
Richmond Va August Il.

NEW YORK. August l2-Rcnewsl OF
liquidation caused considerable irreruln'itv
ia the cotton market during to-day earlier
trading. but declines vera followed by
rather 4 sharp rally late In the morning.
with December selling up from i,.2ic To
lt3tr and closing At 1890 The general list
closed steady At advance OF 10 II
points
The market opened steady at an advance
of , to points. December sold 4 zoe a nd
January at liS9c during the first few min
utcs. but this bulge OF about points from.
yesterdays low level seemed 10 attract n
renewal OF street liquidation, Prices eased
of 10 1890 Tor January. coupl. OF
points under last nights close and into
new low ground for the movement after
which the market turned frmcr. There ,yas
a renewal Of covering, well bull sup.
port. the advance in the late trading
with January selling up to 1890, or ahout
II PORTS from the low level OF the morn :
ing The detailed weather report showing
rainfall and higher temperature In okla :
homa helped the late advance AS Liver
pool was closed there wers no cables TO
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-08-13
JUDGE HOUSTON WINS
He Receives Congressional Non,ina ton
in Fifth District or Ten

NASHVILLE. TENN. August l2-At
a meeting Of the Fifth District Demo
cratic congressional committee at Shell
byvillc yesterday the vote i'm the pri =
mary of Augusta was canvasscd aud
thcrcupon Judge w. e. Houston was
declared the nominee. His majority
over his tw" opponents MAS 1873. ac-
cordinE To the returns. Judge f. l..
his SunnOrt.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-08-13
CHICAGO GRAIN MAskEr

CHICAGO August l2-Almost corn,o,s
escape OF the Canadian crop last night from
expected serious damage by frost tended
wheat market here. Closing prices although
unsettled were lie TO IL net lower with
september at sI42is TO Sl.43 and Decenther
1t $40 TO $l4ois. Corn wound up sc TO Ihc
higher. and oats gained &c TO &c PRO
declin. IN rico or m ~'shis iroH. Soc
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-08-13

WASHINGTON. August l2.--rresi-
dent Wilson to-day signed the aEri-
cultural appropriation bill. carrying APP
prox imatcly So 900 .OON. and the milf
tary academy appropriation bill, car
rying Sl.225,OOO
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-08-13
NEW YORK rRoDrycE M.nurr

NEW YORK. Angus; I2.-cottonsred oil
was easy at the start, hut later s:eadIeJ on
short covering and absence NJ hedge press.
ure. Trading was local in character Tina
prices were points lower to I net hirher
Tho market closed Irm. Spot. ais bid All.
sGst. slSS9;:6; Septemher. o2oTsa2; &c.
eembsr, sT@s.S; January. sisNs.5c: FEB.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-08-13
RICHMOND LIVE STOCK MARKEr.

Richmond. Va. August l., 1916
Report for the week ending August = 1916:
choice steers. 10 81: medium 20 good
- 10 "a: common to fair. G to . Best
common 10 fair. 81 To So. Best cows 80
to 81 medium 10 good 81. to 5s.: common
Ia fair. to .. Rest oxen. ST. to Z; me-
dtuIn TO good, S sia: common 70 fair
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-08-13

to s. Fat bulls. to Ga: light. to 81.
Bcst caiyes to 10: medium to good :
10 IA. Best hogs. ga: light si4 to 3; sows
and stays. to s. Best sheep. TO G: com
mon to fair. : to S: spring lambs. to TO-;
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-08-13
CHICAGO LIVE STOCK M,,,kEr.

:hI'' august Ig.-HOES- X erciDfe. lf :
go: solt. Bulk. .,.5 a ,io+o; light. .oS
is i":22 mixed ts59n 1l9,5i: heavy. $500
t"o.: rough 1ssoN 1915: pigs. $40 a 50 90
c.tie.R.c.trts. 100; steady Native beef
.st.'. $500 sic IS: stockers and feeders
s9.y'a ''5: COWS and heif-rs. s35Da}s2S:
sheep-Receipts. 1850: steady. wa,b.r.
'eso fslo: lambs ;7.5Oa ;IlaS
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-08-13

brown sh"ctncs. Southern standards. : 1T
c"ntsIs L. cents: dcnins. 22-ouncc in
dig". Is cents: tckinGs. N-oun"". IL ~ cents
prints, cents. staple ginghaIns. Coats
dress ginIhams. 10 IL cents.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-08-13
MISCELLANEOUS MARKETS.
DRY GOODS

NEW YORK. August i2-C'o,top good. and
ysrns we're strong. with prices rising Dresu
sooun TOT IN were active. Spring lines and
ana quiet Linens were more active and
hhi' Gnous ~er" In activ" demand for raIl
ns" Iobbnrs report .IccII.n, busincs c
for the week ''''7
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-08-13
Atlantic Coast Line
Tie standard Railroad of thI South
EEEEInIlAE III Y luIG :

Tie Standnrd Kailromd OF the South.
ErfECrlSE JULY =. 1916.
IRAiNo LE-At L RltiiMONL DAILY.
$50 T. Nj, l2:bv A. II.
, For Norioik; c;lS A ~, $500 A. N. s.Os
For y. W. KY. est. a.Is A Il o:5o
a. Al. $500 L. N. $685. Z. II.
For petersburg: i.:oU A. ~. 6:lS A. IL
$40 a. Al. 3.UV A. Al. t.5V A. IL, s:vs
+. ~. 1900 f. Al. rt;lO T. w. s:55 q III
6:35 T. ~. 3:3J +. NJ. l2:0l Midnight
FOR Go!ushoio and raSe.ieSi..u. .,.vv g.
For Hopews.l: h;ls. A. Nj. y.I:ls p. "
1870 L. NJ. 3:l5 +. II.
Trains arrive Richmond daily: sos A. NJ
sl3 A. NJ. 6:l5 A. Nj. S:3J a. A. Il:i6
a. NJ. gao +. NJ. mao +. Al. S:l7 r. ".
G:3o +. NJ. I:i5 l.. NJ. 900 +. NJ. 1880
r. II.
Except sunday. tSunday only.
Time OF arrival ana departure and con-
necttons not guaranteed
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-08-13
CHESAPEAKE & OHIO RY
r sEAnoARp AIR LINE RAILWAY.

Tho Progressive hallway Of the Suuth"
Southb"und trains scheduled To leave Rich
mond daily: 3:35 A. Nj. local. 80 T. NJ,
siecpcrs and coaches TO ruCksonville . IA
\. NJ, coaches and slccDers TO JacksonVillr,
Atlanta and birmingham; G:35 T. NJ
coaches aud Slrcpci. to Jacksonville; la.i5
\. NJ. slccpers to Atlanta birmingham.
Jacksonville. Tampa And coaches 10 lack.
sonNilir. -
Northbound trains scheduled TO arrive In
lHchniond daily: 5:20 y. NJ. $3.50 y. -.
local 3:30 y. Nj. 5:3T l.. VI.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-08-13

sales. 500 ~
hrtttr. hrn Cheese. nrm. Spot coffee,
ard refined sugar markets closed
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-08-13
NEW YORK LIVE sTocK u,pxrr

NEW YORK. ,uE,,st n VBeevss ~ ~.
,8i'eS' Sicady. vcais. 50 500 81: -
snh IaiH0s irregular. Com nor tn
q &i1.sI ''''' 'AH"pS' *iV'''
ga 11gS' s'es o." Heavy to medium. ,loCa
49, he1t weights. SlGs6: rou.hs ssIs N
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-08-13

NEW ORLEANS August ia nervous
tone add ra3id lions within rather
to-day. Some liquidation OF long cotton
III evidence, and hedge selling by South
NcStetL SrOt firms taken to mean tina
new crop cotton was not meeting with any
700 ready sales. Late In the session the
trade viewed unfavorahly tho prospects Of
continued drought In Texas and Okla homa
and buytrg wave resulted. which nut
rricrs TO tho highest levels Of the ,,ay n
not gain OF G TO 10 points. The close was
steady. TO M. not.
around tho opening prices rose to &
points on supporting orders from tho long
side. Support was brief and the market
foll or on IN" forecast OF rcnerai.y fair
Nvca thcr for tho eastern half OF the hell
lust before the session ended the ring took
or nv activity. and nrmed up rapidly on
tho weather prospects In tho west. Closing
bids: October. 1895: December. IIlG: Janu-
hry. 1925; March. II 81; May, ll59
Spot cotton. quiet and UNCHANGED Salcs
on gpo. bales. MtddlIng. lI.0Oc
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-08-13

NEW YORK. August ia-Port movement
Middlinr. lilo. Exports. Ill? bales: stock,
sG.OIS iales.
Total to-day at all ports-Net receipts
s.ni bales: exports, 2.76i bales: stock. i3I 9oe
bales.
Total for wcck-Eet receipts. S,o5t bales
exports. 2.76s bales.
Total for scason-Net receipts. % tci bales:
rxnorfS. 12e SD bales
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-08-13
NAVAL STORES

SAVANNAH. GA. Angus; i2-rurpen,iu.
hrm. f2Tta'.: sales. q casks: receipts. Psi
casks: shipments. casks; stock Ia 20 ca ,ks
Rosin firm: sales. l.55i barrcIx: receipts
~ s't5 10 harreIs shipments l,i5s barrels: stock
49, barrels QUOTE A H. 5i5: G.. D. so:
r.. $50: r. 600: G.. SOS: H. L. As: X
Nv. VI. 6.i1: y. go: VIC s co w " q Y
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-08-13
RAILROADS.
SOUTHERN RAILWAYS
ION East nrond Street. Kichm,

g Trains Leave Richmond--AIaln ST. Station.
schedule nSures not guaranteed For the
South-DaIiy: 5:30 y. NJ. local; 1890 A M
YHpfHSs, pnrior buffet car; . p. NJ. express.
T. NJ. 300 T. NJ, local. for Keysvilie. Chase
City hnd Buffalo llthia Snrings-weel days
York River ILne--j:lC f. NJ Stsa,ner
Train. except Sunday. connecting for Rail-
more t'arlor carr. 1888 \. NJ and t:i6 T.,
NJ. daily. local.
Trains Arrive Richmond--Trotn .he South.
40" A. ~ and 500 A. NJ. $50 =. NJ $40
r. NJ daily: S:4s n. NJ. except sunday
From West Point: s:+5 y. NJ except Noi-
day; $40 a. NJ. and 6:l6 r. NJ. daily
Office 907 Il. Main ST. Phone Madison OF,
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-08-13

Cash grain Whcat-No red sl1,.. N
!i.!sa No. 2 rcd. sI4s,i; No. hard. sIfi q
Sl.isE: No. hard. $l43Gsl.4;. Corn-No
yellow. Si,c: No yellow and No { white
nominal.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-08-13

Esported by Rodgers. PlumIn"r & Co. Inc :,
r e. Fig bU hH. Va. August l2.-Spa nish-
bushei. St'-'2 Pc
NEUTRALITY-SUSPICIOUS. stock-Mark.t om.t
Fancy Jumbo. 3%c per pound: fancv hsnd
picked. 3'7c per pound: extra prime N.c
Per pound prime. &c per pound: Smelling
stock. 2is q 2&c per pound
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-08-13

clearinghouse Statement
NEW YORK. August I2.-Tha statement ot
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-08-13
&c. II. Currie e; COP
kichmond. Va. Angus, IL.
By w. g. Crenshaw e. Co,
Rli n mnni Va Ancn.t 1s

m / M
MARKET CONDITION.
. Vegetables especially active Receint.
Hight. and demand good. especially canta.
loupes and melons
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-08-13
RICHMOND GRAIN MARKET

Richmond. Va. August 10, 1916
armers are cautioned not to thresh wheat
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1916-08-14
THE OPPORTUNITY IS HERS.

Atlanta has the opportunity before
her to redeem herself. For years the
is-management of her affairs has
been the cynosure of all eyes. She has
been the laughing stock of the whole
country as it were, because of the
many disgraceful stunts pulled off by
her administrations of recent years.
Had it not been for the indomitable
will and energy of her people, the
wheels of progress in Atlanta would
have been stopped long ago. The pow
ers that have been for some years past
have been in a continual wrangle
among themselves, with the result that
little has been accomplished for her
general good. The present mayor has
been most arbitrary one. He has set
himself and his judgement up as SUI
perior to all others, adopting and
practicing the policy Of rule or
ruin.
A clean, able and conservative bus
mess man in the person of Asa G.
Gambler is offering to serve the city OF
Atlanta in the capacity of mayor. II
the people of that city elect him, there
is no doubt but what she will once
more have clean administration, and
50 far as the mayor is concerned, her
affairs will be administered in ar
honest and business-like way, and the
fair name of Atlanta, the New York OF
the South, will have been redeemed.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1916-08-14
SGdbOdPd Air Line
The Progressive Railway OF the South

Leave Americas Tor Cordele, he
shelle, Abbeville, Helena, Lyons, Col
lins, Savannah, Columbia. Richmond
Portsmouth and points East and South
1881 p m
2:S0 o m
Leave Americas for Cordele, Able
ills, Helena and intermediate pointa
5:11 p. m.
Leave Americas for Richland, At
anita, Birming CHAM, Hurtsboro, Mont
F0mery and points West and Northwest
S:0S p. m.
Leave Americas for Richiand, Col.
ambus, Dawson, Albany and interme-
Hate points
1880 q. m.
Seaboard Buffet Parior-SleepinK Ca
N Trains 13 and IA, arriving Americul
rom Savannah 11:25 p. m, and leav'
ing Americas for Savannah $3.50 q N
sleeping car leaving for Savannah 81
1870 a. M, will be open for paasen-
gers at 11:40 p. m
For further information apply to Fl
p. Everett, Local Agent, Americas
"a. C. W. Small, Div. Pass. Agent
Savannah, Ca; C. p. Ryan, G. P. A.
Norfolk, Va.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1916-08-14
MORE FRIENDS GAINED.

Although the capitol removal bill is
laid aside for a season-the manner in
which it was done will gain counties
friends over Georgia. The Atlanta dali
lies put up a whining story Friday
when the bill failed to be table. and
when the rules committee displaced it
on the calendar, they join in halle
lujah, claiming victory. The rules
committee won-and not Atlanta
The rules committee made known
their reasons for declining to let the
bill come to a vote, which reasons may
or many not satisfy the average Geor-
gian, who is in favor Of fair play and
admire matched strength in an hon
orable struggle.
The matter of moving the capitol to
Macon is no photographers of how
ludicrous the Atlanta papers may at
tempt to paint it. Atlanta is debauch-
Ell and SCARED, all of her own making.
AS the capital of Georgia she has re-
fected no credit on the great state in
the past several years. And, however
victorious Atlanta may feel because of
the sidetracking of the capitol bill.
they may rest assured that the move
ment is not dead-not by long
shot.
If the election of Asa G. Gambler as
mayor of Atlanta can partially remedy
the shame which she has brought upon
herself-then let him be elected unan-
imously. Let somebody be placed in
charge of the affairs of the city who
can assist in elevating Georgia's larg-
est city, rather than tear her down.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1916-08-14
OUR OPINION ~zACKLY..


We do not believe there is another
administration in the entire history
Of the government that has the record
Cor accomplishment that the Wilson
administration has. The federal re-
serve banking law, and the reduc-
ton of the tariff are two of the big
gest things pulled of, while the es-
tablishment of a trade commission
and the recent enactment of federal
land bank law, as well as the enlarge
ment of tho army and navy add to the
signal achievements of the Wilson adj
ministration. Citizen.
Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1916-08-14
FEW CHANGES MADE
IN FUTURES ACTS

WASHINGTON, D. c., Aug. A.
The annual appropriation bill for the
department of agriculture just passed
by congress contains a re-enactment,
effective September 1, 1915, Of the
United States cotton futures act, with
few changes. Section II of the
present law, which taxes orders sent
abroad for the making of future con-
tracts on foreign cotton exchanges,
unless certain conditions are complied
with, will be omitted.
A new section known as Ga is in
serted in the bill, which provides an
optional contract under which parties
may, by agreement, without being sub
ject to tax, contract that under certain
specified conditions the buyer may de-
mand delivery of the basis grade NAM
ed in the contract.
Another modification which will be
of interest and assistance to the trade
| is the authority conferred On the Sec
rotary of agriculture, in case of dis
putes, to include in his findings, even
though only one question be referred,
complete classification of the cotton
for the purpose of delivery on future
contracts Under the old law, the
authority of the secretary was confin-
ed to a determination of the specific
question of grade, quality, or length
of staple referred to him by the par
ties. In other words, if the dispute
involved grade only, and the cotton
was found to be gin-cut, which is a
question of quality, the secretary had
no authority to include statement as
tC gin-cut in his findings
Government officials in charge of
the matter call especial attention to
the facts that the new act will not
become effective until September l.,
1916, and that the old act of August
IS, 1914, will remain in full force I'M
til the beginning of next month.
The rules and REGULATIONS of both
the treasury and agricultural depart
ments, with slight notifications and
additions necessitated by the changes
made in the law, will be re-issued
shortly after approval of the bill by
the president, so that there will be no
disturbance whatsoever to the trade
The official cotton standards of the
United States, heretofore established,
will be re-adopted and promptly pro-
mulgated, SO as to be in farce when
the new act becomes operative.