davidaulloa/AmericanStories huggingface dataset:
The dispatch-news. [volume] (Lexington, S.C.) 1919-2001, 1922-05-17
THE WORLD COTTON sITUATlOir

It appears that the world consu: s;:f@: OF
cotton is rapidly getting back to tn var
normal basis It is estimated that the "<~ on
sumption for the twelve months PERIOD end;S joy ol
1922 will reach Fl 900 900 bales. The hlgfes :'; OF
consumpon ever reached 220OO,OOO bs1'~ l" s"lo-
IA. lowest consumption reached in rece1 >@* vas
100000 bales in 192021, the year OF greatea '' ION
in the prices and consumption Of practically a.
ties The largest carryover of cotton OF all KIM " g
out the world was on August 1921, amounting . 'o
900 bales The estimated carryover Angus L, i"21'
throughout the world, is fixed at 100000 bale
The striking feature of the situation is / me
fact that the consumption of cotton this year ! 82eo
the entire world production for 1921 by 6,OOo1o "a es
There consumed up to March 81 l922 to5e 'l le
eight months of 429 600 bales, while the WorG eta
production in 1921 amounted to only l5l9|OOo naeS LII
other words, the worlds spndes have practcaLl5 con-
sumed in eight months the worlds production q cotton IN
1921 Only the large carryover from the cror c" i5zo
has prevented an actual cotton famine the present ae
The probable world carryover for August 1a- IS -"
estimated 79O00 900 bales, against 1413500u Bales me
year ago.
As CONSUMPTION is increasing and the purchasing
powers of the worlds populations gradr lily beng
strengthened the takngs of the mills during TIE coming
year likely to exceed the heavy takngs of the @ent
season if the cotton supplies available 1he >p
plies of merchantable cotton in this country a1o rapidly
diminishing and the carry August lst Will hardy 2p
proximate one-thrd of the carryover Augu& I: 5zl
The world has not only consumed the entire product on
of American cotton produced in 1921 but rapidly d"n-
shng the carryover from the large crop of 1920 lhe
cayover of American cotton in this country on August
l. 1921 was $780, 900 bales. The production o. l"2l
amounted to 79OOO bles making grand tota: Of an
ercan supplies in this country of 14400000 bales toI he
cotton year ending July 81, 1922 OF this amount do
mestc consumption and exports to March 31st ao ab-
sorbed $780, 900 bales, slightly in excess o. VV0oo
bales per month. On this basis there will be axeIf'on
the American stocks during the next four months ending
July 3d. 4150 900 bales making grand total for the year
of 1245OOOO bales 4,450000 bales more cotton lan
produced in this country last This would leave
estimated carryover August 1st, of hardly zaoooo
bales much of which is undoubtedly of inferior grades
These figures present very bulh outlook for the future
They only stronger demand for spot cation in
the FUTURE with corresponding advances in prices The
situation will grow serious as the future ad"" md
everything points to unusually high prices next Wlnte
The world Will be hard put to find ayaaoe suggles OF
cotton e. meet increasing demands
in 1923--Cotton News: f<Svs .@,:.s.. 80
The dispatch-news. [volume] (Lexington, S.C.) 1919-2001, 1922-05-17
BARBECUE.

We will furnish first class barbe-
cue and refreshments at the county
fair grounds, July 4th, 1922. Four
ball teams and all the candidates to
be present and everybody is invited
to como and enjoy the day.
.'.- w. S: HARMAN,
G. l.. HARMAN.
.,. j. A. HARMAN,
- J.. E. HARMAN.
The dispatch-news. [volume] (Lexington, S.C.) 1919-2001, 1922-05-17

Subscription Price Per Year, sl.2o
CASH IN ADVANCE.
The dispatch-news. [volume] (Lexington, S.C.) 1919-2001, 1922-05-17
BARBECUE.

We will furnish a first class barbe-
cue and refreshments. at Summit. 8.
c.. on June IT,. 1922: Everybody in:
vited. Come .one, come all, old and
young; -. "i :;.--'...:.
.~:,.s-r R., p: HA!:R7MAN,.
~. S, HARLAN.
The dispatch-news. [volume] (Lexington, S.C.) 1919-2001, 1922-05-17

WIDOW and maiden worth over $780,
900, want kind helping husbands.
Write. quick for pictures and de-
scriptions. Box 223, Los Angeles,
Cal. . "a 4t-p
The dispatch-news. [volume] (Lexington, S.C.) 1919-2001, 1922-05-17

FOL; SALE-Big type Poland China
pigs subject to being registered.
Price $500 to 100 per head.
Also a lot Of Brabham, Iron, Clay
and Cow Peas at S2.10 per bushel.
A good one horse wagon cheap. E.
H. Addy, Leesville. S. c.. Ste
The dispatch-news. [volume] (Lexington, S.C.) 1919-2001, 1922-05-17

PEOPLES PRESSING CLUB
Cleaning, Pressing and Dying
Good Work and Prompt Service
Phone 1874. Lexington, S. C.
Evening star., 1922-08-16
NONEW FINANCING
FOR |. & !. CO.
Corporation Ready to Take
Up October Obligation.
News of Local Banks.

The American Telephone and Tele-
graph Company will take care Of its
October l note maturity without any
new financing, according to an
nouncement just made. The issue
was originally $50,000,O0 At present
the company has approximately $780,
100000 of cash or cash equivalents
in its treasury. compared with some
thing over S59,0Oo.0O0 on December
81 last.
Some of the subcompanies this year
after arranging financing of their
own on attractive terms have repaid
advances from the parent company
notably New York and New England
companies.
Next Payment Due In 1874.
American Telephone after taking
up the October note maturity VIII
have no issues coming due until tne
s40,OO,0O0 five-year per cent notes
February l. 1924. illustrating grad
ual repayment to the parent company
of advances by the associate com :
panies the fact may be cited that
December 81. 1920, balance sheet
showed bonds and notes of and net
advances to associated companies oi
,
slS5.236,S55 by December 81. 1921, and
substantial further payments by sub
companies have already been made
this year.
Suburban Bank Forging Ahead.
A special meeting of stockholders
of the Citizens Interstate Bank OF
Mount Rainier was called last Satur-
day for the purpose of acquaintlns
them with the affairs of the institu-
tion since the recent increase OF capl
tai stock from $4,000 to $4,000. A
statement setting forth the bank
present financial condition was pre-
sented by Lester S. Homan. cashier.
This statement showed that the bank
now has a surplus fund of $4,000
which is thought to be exceptionally
good when the comparatively short
duration of the institution is con-
sidered. During the period July
10 August II. or less than one and
one-half months, the net earnings or
undivided profits amounted to 81
2S0.S7, representing a return OF a
little in excess of 40 per cent on its
$4,000 capitalization.
Increase In Assets.
MIR Homan further stated that the
assets of the bank had increased from
$4,000 on January l. this year
to approximately $4,000. and that
from all indications the growth dur
.ng. the remainder of the year would
be.even more rapid.
Robert E. Joyce and Frank NJ
Stephens were elected as new MEM
befs to the board of directors.
Evening star., 1922-08-16
BONDS ARE Strong,
BUT LESS ACTIVE

Special Dispatch to The Star.
NEW YORK. August 1S.-Todays
bond market was less active. but on
the whole distinctly strong. There
number of gains. In a WORD, the pre-
vailing tendency was still upward.
United States government war loans
were only slightly changed one way
or the other. They are awaiting the
outcome of the soldier bonus legisla-
cernible uneasiness on this score. The
European crisis was not reflected at
all in the market for foreign govern
ment bonds. The French 7hs did the
same as on Tuesday, selling between
ss% and 80. and the per cents were
dealt in between 1904 and 101.
A noteworthy incident, In view OF
Belgium's dependence upon the Ger
man cash payments to balance her
heavy budget deficit. was the ad-
gium 7hss. taking them "" to '"Fr,
Denmark IS, which had been quietly
!. bought for the last er... 80
Ill, an advance of half a point.
Rail list Helped.
The railway list was helped by .h.
news Of the day seemingly fore
shadowing an early termination of
vertible AVS reached a new high at
90A, and so did the Missouri, Kansas
and Texas 5s. when issued at S5A
the Long Island refunding As. which
jumped 2 points to 80; the Southern
railway 6ks. which touched 1903 for
| the first time; the Atchison Shori
| Line As. which rose from 861. to 80
the Iron Mountain 5s at 80 and the
Wheeling and Lake Erie ANS close
to II.
Seaboard Air Line adjustments
gained over a point. and Norfolk and
Southern 5s point to 10. Seaboard
Air Line refunding 4s, st. Paul IS
of 1925. and the new Missouri. Kansas
and Texas 6s, when issued, each rose
hree-quarters of point, and there
were half-point advances in B. &
o. refunding SIS. Pennsylvania 6E s
and st. Louis and San Francisco
prior lien As.
Evening star., 1922-08-16

Annual stockholders meeting of the
Central Railroad of New Jersey viii
be held September 20.
Evening star., 1922-08-16
DRY GOODS INACTIVE.
Strike Action Increases Optimism
But Not Trading.

NEW YORK. August Is tSpeciaD.
With settlement of the coal and
rail strikes apparently a matter of
hours the dry goods market today
was more optimistic than heretofore.
but the optimism could not be trans
lated into orders. Some shading of
prices was reported In the gray
cloths and sheetings were dull
Traders are operating cautiously
Spot business on the 3SL inch 64x60s
was done at 81 cents. while the So
inch 68x72s. in small lots. were rated
at 9A cents. September deliveries.
however. called for increases of "A
to u cent higher on both lots.
The raw silk market continued
quiet. One disturbing factor was the
report Of higher prices for yellow
silks from Yokohama, as manufac-
turerS here cannot conceive their
prices can be on a parity with white
silk.
Evening star., 1922-08-16
BROKERS FILE PETITION.

NEW YORK. August 16.-An invoI-
untary petition in bankruptcy has
been filed in federal court against
the stock brokerage firm Of Hoey,
Tilden & Co. Liabilities of $250,O0O
and assets of 100000 were alleged.
The firm owned a seat on the NeS
York Stock Exchange, which was sold
recently.
Evening star., 1922-08-16
Washington Stock Exchange

Capital Traction 5s-s1 900 at eSh. LOO
ar 9s1a.
Potomac Electric cons. 5s-S1. 900 at 95A.
81 100 at a5a4, 81, ,OOO at a5S4. 81 GOO at $50
81 900 at 95A
Ianston Monotype-9 at SOS. at sOh
2 at s01a. at s0H.
MersenthaIer linotype at 152.
AFTER CALL
Capital Traction- at 101la.
Washington Railway and Electric As-s1.o 900
At IS.
Capital Traction $500 at 9S12.
American Security and Trust Cos at
2s5., at 2S5. at 2s5.
Money-Call loans, 5a6 per cent.
Evening star., 1922-08-16
DAIRY MARKETS.


BALTIMORE. August 1s (Special).-
Poultry. live-spring chickens. pound.
22a32; white leghorns. 22a26; old hens,
1Sa23; white leghorns. 1Sa19: old
16a16; pigeons. pair, 25: guinea fowl.
each. SO.
Eggs. loss of, native and nearby
firsts, dozen. 25;- southern, %.
Butter-Creamery, fancy, pound. 35
ass; prints. 36a3S: nearby creamery.
32a32; ladies, 26a27: rolls. 23a24: store
packed. %; dairy prints, 2Sa24; pro-
cess butter. 31a32 -. ~
CHICAGO. August 16.-Butter-
Higher; creamery extras. S31a; firsts.
29a30: extra firsts. 31a32E seconds.
27a2S; standards, 33A
Eggs. unchanged; receipts. 6,562
cases.
Poultry-Unsettled; FOWLS 17a23;
broilers. %; springs, &c; roosters. Is.
Evening star., 1922-08-16
BALTIMORE TRADING GAINS.

IIImO1SE' AuBust Io.-oeef@'
industrial progress here in July rep
resents an increase of 100 per cent
over July, 1891. The Industrial bu-
reau announces that twenty new ana
enlarging plants were chronicied
wish July Rews. These establish
nnents will require an investmen ent OF
$1.274.000 and the employment of $50
men and women. Building news an
nouncements were of larger extent
and greater importance for July
than for any July of the last four
years. the increase over June of this
year being SO per cent. Another indi-
cation of improving busines condi-
tions is seen In report of the cleo
trical energy furnished throughout
Baltimore and its surrounding terri
tory.
Evening star., 1922-08-16
Grain. Produce and Live Stock

wheat buyers, and so. too. did gossip
! that export business was being done.
| The close was steady. y to v net
| higher. with September 1.00K to 1.01
and December 1.02h to 1.02k.
the advance, but the corn market
closed firm, Aa% to Y net higher.
with September 53xaik to 59h.
Evening star., 1922-08-16

for six months ended June 80 last
show net sales Of $2,223.012. Net re-
turns amounted to $883,S1S. Gross
income was $93s.s6s, but there was 4
deficit of $34,4S0.
Evening star., 1922-08-16

An increase in operations Of
Youngstown independent steel pIa nts
will be made possible by the use of
oil as fuel. From eighty to ninety
cars of Texas and Oklahoma oil are
arriving daily.
Evening star., 1922-08-16

.Atchison's loadings last week were
the largest on record, 1854 cars,
against 1856 in previous week and
10000 last year. Total loadings this
year to date are 86s.4S1 cars. against
8O3,363 in same period in 1921.
Evening star., 1922-08-16

81. Louis Southwestern reports for
past week in August a gross revenue
Of 343s.25s, or $15,367 less than in
corresponding week last year.
The silver state. [volume] (Winnemucca, Nev.) 1909-1925, 1922-01-31
Men Folks to Be Feted-

The men of the town who are
interested in the work of the Parent
Teachers Association, now being
carried on by the splendid women
of the grammar school faculty and
their associates from among the
city's motherhood, will be enter
tanned at a sociable that will be
given at the grammar school audi
forum Friday evening. A splendid
program is in course of preparation
and, better still, eats of the most
delectable kind are also being gotten
together. The date will afford many
who enjoy such gatherings the OPP
portunity to learn more about the
affairs Of their grade schools and
at the same time be RECALLED with
good eats and listen to a splendid
program.
The silver state. [volume] (Winnemucca, Nev.) 1909-1925, 1922-01-31
MAN WHO SHOT
HENDERSON TRIED

A news dispatch from Washington
conveys the information that the
trial of Charles A. Crock, who shot
ex-senator Charles B. Henderson
last year, was placed on trial in the
capitol city last week. Crock adj
mitted shooting the senator and said
that he did it because Henderson
was responsible for the loss of his
sheep ranches in Nevada.
Senator Henderson runs a politi-
cal machine out there" said Crock.
"Iie caused Gibson, superintendent
of the insane asylum from which
was discharged, to transport me and
my wife and children out of the
state" He further stated that Hen
derson caused his sheep ranch to be
sold, Notwithstanding that it really
belonged to Crooks wife.
The assault upon Senator Hen
derson occurred on March last,
just as the senator was closing up
his business affairs in the capital in
preparation for his departure. Crock
was at that time living at Takoma
Park, Maryland, and called at the
office, acting in strange manner,
according to Henderson, and was
asked to call later. In reply he said.
mo, | guess we had better settle
this now," and drawing a revolver
shot the senator in the right arm.
The man on trial formerly lived
in Elko, and some of his relatives
are still residing near Deeth. The
case which he mentions is one that
was filed on June %, 1903, by
Charles and Otto Crock against Ed
ward Goodale, and in this case Hen
derson was Crooks attorney. Al
though judgment was given the
plaintiff in the sum of $1234.62,
Crock contended that his interests
were not properly looked after by
the senator. Following the trial he
was known to have made threats
against the senator's life, and for
more than two years was confined
in the insane hospital at Reno
Elko Free Press.
The silver state. [volume] (Winnemucca, Nev.) 1909-1925, 1922-01-31
COUNTY AGENT WILSON
RETURNED HOME YESTERDAY

Joseph w. Wilson, county agent
for the Humboldt county farm bur
eau returned home yesterday from
Reno where he had been attending
the annual farm bureau meeting
and the meeting of the Nevada
Livestock association.
In an interview with this news
paper today he said:
"The immediate aim of the
state farm bureau is the introduc-
ton of some high grade dairy cows
for different sections of the state,
including Humboldt county which
will participate in the shipments
to be brought in.
Speaking of the farm bureau
in Reno, Mr.. Wilson said: 81 was
much impressed with the scope ano
progress of the work of the ma
tional association. One of the big
gest things that it has done was
to secure a ten to twenty per cent
rate reduction on the movement by
rail of agricultural products. To
bring this rate reduction home we
find that on this importation OF
dairy cows the farmers of the state
will be saved something like sis
dollars per head in freight"
1.-THE. head men of the American
farm bureau federation say thai
the farmer has four big problems
Viz: I'd marketing; (2) transpor-
tation; (3) legislation and (4) fl
nance. They point with pride tc
the fact that they have secured
more favorable legislation for the
farmer in the last year than has
been accomplished in the entire
previous history of the nation.
'The advances in wool, sheep ant
cattle prices are due to the agricul.
tural bloc in congress, the A. F. B
F., and the other associations which
are affiliated.
every member of the local farm
bureau is member of the national
organization.)
Regarding local farm bureau
work, Mr.. Wilson said: "B. H. Will
ey, our president, said that we
would have a directors meeting
early in February at which time
a program of work for 1922 will
be evolved"
Mr.. Wilson said that Mrs. Kath-
crime Smith, who has been engaged
in home demonstration work, has
been i'll since last month and has
gone to California for the month
of February. The extension divis.
ion has promised to have someone
on the job to take up the work by
the first of March, if Mrs. Smith
finds that she is unable to contin-
ne. Mrs. Smith or her successor
will make headquarters in Love.
lock.
The silver state. [volume] (Winnemucca, Nev.) 1909-1925, 1922-01-31
MoNTERO BOY DIED OF
PNEUMONIA SATURDAY

Fermin, two year old son of Mr..
and Mrs. Ramon Montero, of Leon
ard Creek, passed away Saturday
night at the Winnemucca hotel fol-
lowing short illness of pneumonia
which came as aftermath to whoop-
ing cough with which the child was
afflicted.
II will be remembered that the
child was one of a party to start
for this city about ten days ago
and passed through the narrowing
experience of being stranded on the
desert throughout a bitterly cold
afternoon and evening as his uncle
sought aid at Quinn River Crossing
fourteen miles distant. With his
mother as the sole attendant the
little fellow was forced to under
90 considerable hardship, although
Mrs. Montero gave her greatest en-
deavors to the mitigation of the
situation in favor of her sick child.
Father Hugo Meisekothen held
services for the deceased at the
Catholic church at ten o'clock this
morning. Interment occurred in
the Catholic cemetery.
The silver state. [volume] (Winnemucca, Nev.) 1909-1925, 1922-01-31

Ernest Marvel returned Sunday
night from Reno, where he was in
attendance at the meeting of the
Nevada Livestock Association. OPP
timistic viewpoints, relating to the
future, are entertained by all of the
states livestock men, according to
Mr.. Marvel, who believes the indus
try in which he is engaged is to
make wonderful advances during the
present year.
The silver state. [volume] (Winnemucca, Nev.) 1909-1925, 1922-01-31
better BUSINESS
PREDICTED IN EAST


| are interesting, and a symposium of
these views on the whole displays
an optimistic outlook for 1922.
Dwight Morrow of the ]. P. Nor
gan Co. says: 81 think the low point
in industrial activity in this country
was probably reached few months
ago, since which time there has
been a notable tendency toward i'm
provement. Barring unforeseen de-
velopments there is no reason to
expect that this improvement should
not continue during the year"
Charles M. Schwab says: "The
past year has produced some favor
able changes in the bushes situa-
ton, and in my opinion we are not
only gaining ground but are headed
in the right direction"
David R. Forgan, president Ma
tional City Bank, Chicago, believes
the worst is past and that "if we
will cut out extravaganza and run
our business economically and prud-
emily we shall some day find our
selves again in clear water, and
when recovery once gets fully under
way it may come more rapidly than
any of US are now inclined to ex-
pect."
James S. Alexander, president
National Bank of Commerce, New
York, finds that "many elements of
weakness have been eliminated dur
ing the drastic business reaction.
The process has not been completed,
but the worst phases have been sue
cessfully passed"
Charles H. Sabin of the Guaranty
Trust Co., New York, says that
american business activity in gen.
eral has been for some months grad
ually emerging from the trough of
depression. The distinct improve
ment since the mid-year in the fund
amental elements of the business
situation as a whole warrants a
much more hopeful outlook for the
year than was justifiable at the be-
ginning of 1921"
Thomas Branch McAdams, >presi-
dent American Bankers Association,
finds that the outlook for business
and finance in the United States for
1922 is encouraging. "a courage
Gus program has been launched by
President Harding which should
benefit the industrial life of the
world by billions Of dollars through
taking them from war or destrue-
tive activities and using them for
constructive purposes ."
Geo. H. Reynolds of the Cont
mental and Commercial National
Bank of Chicago says: progress
very great progress-has been made
We have climbed down from the
dangerous heights to fairly leve
ground. A forward movement in
business never begins except wher
reserves are plentiful. So great ha.
been the Improvement now that an,
legitimate expansion can BIZ
financed"
John G. Lonsdale, president Ma
tional Bank of Commerce, st. Louis
says: "The time for anxiety seem,
to me to be entirely passed. TIL,
middle of 1922, unless reactions oc
cur, should see recovery well estab
lished.e
William C. Potter, president Guar
anty Trust Company of New Yorl
says: "There is much data that in
dicates that business is gradual,
returning to a normal basis, ant
that the fundamentals for SCUM,
progress are daily being strength
ened."
The silver state. [volume] (Winnemucca, Nev.) 1909-1925, 1922-01-31
WAlNTAD COLUMN

FOR RENT-Sewing. machines for
rent. Oliverius & Minor. Phone
173. Milf
FOR RENT-Unfurnish brick
house; pantry and bath; centrally
located. Phone 455 or call at
244 W. Second street, between
Akin and Lay. N29tfc
The silver state. [volume] (Winnemucca, Nev.) 1909-1925, 1922-01-31
Additional Evidence Secured

j. l.. Davis and William Meni-
cucei, Bell Telephone Company line
men, discovered additional loot, be.
lieved to have been cached by mem
bers of the so-called Howard gang
as they were repairing telephone
lines in the northern part of the
county a few days ago. A Bosch
magnetic, an emery grinder, new
bedstead and a steel drum ordi-
narily used as a container for oils
were found submerged in the hot
springs near the habitats of the
Towards. The articles, with the ex-
ception of the bed, were given into
the custody of Sheriff G. w. Brady.