davidaulloa/AmericanStories huggingface dataset:
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-03-18
BANKER PRAISES
COTTON POOLING PLAN
BY RALPH SMITH

DALLAS, Tex, March H.
Impressions of the economic
soundness and profitable prac-
tice of cooperative marketing,
gained from an investigation Of
the Oklahoma Cotton Growers
association, have been strength
ened by inquiries about the cot
ton cooperative movement in
Texas
The success in Texas has been
no less pronounced than that
achieved in Oklahoma, but here,
as in Oklahoma, and with every
other enterprise, it is conceded
that the future development and
permanency of the undertaking
depend almost entirely upon eff
f1cient management and free
dom from the faint Of political
influences.
The viewpoint Of the promot-
,ers and officers was first consid-
cred in the analysis and resume
of the cooperative movement
in Oklahoma. The primary idea
was to ascertain at the very be-
ginning the exact nature of the
establishment, and to find out,
if possible, how nearly it's de-
ve1opment and operation have
fulfilled the hopes and aspira-
tons that inspired it's organiza-
ton.
Outsiders Views
The movement in Texas has
been approached from a different
angle, and will be first ccnsid-
cred from the standpoint of per-
sons not actually afflicted with
the cotton association, and there
fore in a position to speak freely
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-03-18
nlMkMMarkztRporto
GRAIN


CHICAGO. March 17,--Wheat exhibited
much strength today, but the market devel-
oped a tired feeling after midday. The
feature was the strength in the deferred
deliveries. principally the July. There was
a broad commission house demand, based
on the belief that If any shortage was ex-
perieuced it would be felt more acutely in
July owing to the late start of the new
crop. The May was benefited by the
strength in the late months. Minneapolis
cash wheat was strong. Liverpool spot
wheat closed unchanged to Sd higher, and
futures 2Ssd higher. Buenos Aires opened
2kc higher. Foreign demand was slow.
Domestic shipping demand was moderate.
Minneapolis mills reported better demand.
Primary receipts were 6s3, 900 bushels, COM
pared with s2s 900 bushels last year. The
weather was favorable.
wheat closed unsettled, to 3ssc net
higher.
Corn was affected by the strength in
wheat. There was good commission house
buying and moderate offerings. Cash corn
basis was unchanged Shipping demand was
poor. Primary receipts were 722000 bush
els, compared with 1,O26,O00 bushels last
year. Liverpool spot corn closed unchanged
to I'd lower, and Antwerp unchanged.
Corn closed firm at IA to 112c net ad.
vance.
Oats followed other grains. There was
good commission house buying, while offer
,ings were light. Primary receipts were
$50 900 bushels, compared with 572, 900 BUSH
els last year. Cash demand light.
Provisions opened weak. Commission
houses bought because of the rally in grain,
and prices had good bulge.
CHICAGO QUOTATIONS
The following were the ruling prices In
The exchange today:
Prev.
Omen. High. Low. Close. Close.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-03-18
Live Stock Market

UNION STOCK YARDS, CHICAGO,
March Hight runs were reported today;
but trade was slow. More than $4,000
Receipts were, $500 cattle, $4,000 hogs.
1000 sheep and 1000 calves.
Cattle-Demand was fair for the few good
steers on hand and values were steady.
Some heavy steers sold at $S.5o@S65, with
bulk at $7.25@s.00.A Cows and heifers held
without change, Gamers at $3.oo@3.25,
Good vealers sold at $7.50@S.50.
(Hogs-Values were lower, but trade was
fairly active. Light hogs showed g de-
while bulk of 200 and 250-pound butchers
went at $10.006110.25. Rough packing
grades sold at $S.90@a25.
Sheep-Lambs sold slowly. Values were
steady. Strictly prime lambs We're up
$15.75 $4,000. Shorn lambs at $1,000, were
steady. Few aged muttons went at I'M
changed levels. Some good ewes made
$9.T5.
EAST ST. LOUIS, Ill.,, March 17.-cat-
tie, receipts, 500; market generally steady;
good beef steers, $500; bulk. S7.00@7.75.
Hogs, receipts, 5000; about 10 to 15c low
er; one load. 5000; practical top, $40. 40;
bulk 40 to 230-pound averages, $10256p
1895; bulk 240 to 2SO-pound weights, $1,000
@10.20; packer sows, steady. $S50@S.7o:
| pigs, steady to strong.
Sheep, receipts, 200; market nominally
steady; not enough receipts here to test
market.
| JACKSONVILLE, Fla, March 17.-Hogs-
1 Receipts medium; prospects, steady; heavies
| and packers, $500; medium, IS. 80; lights,
$3.50. rough, $7.25; heavy pigs, $500; light
| pigs, $500.
Cattle-Receipts, light; PROSPECTS, steady,
| steers, $3.00@6. 90; bulls, 81 50@3 80; year
| lings, S2.00@4.00: cows, $2.00@4.50; veal
! calves, $4.00@6.O0; Gamers, $3.50 up.
LOUISVILLE, March 17.-Cattle, receipts,
200: heavy steers. $7.oo@7.5o: beef steers,
| So. 00@7.OO; stockers, S4.00@G.25.
Hogs, receipts. l 200; strong; 165 to go
pounds, 5000; $50 pounds up, $1,000; pigs,
SS.25; throwouts, $3.50 down.
| Sheep, receipts, so; steady; lambs, SIS. 90.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-03-18


Texas enjoys to a greater degree
than Mr.. Adams the confidence
and respect of every class. 1t
was the realization of this fact
that persuaded the movantS in
the Texas cooperative associa-
ton to seek Mr.. Adams as the
executive head and guiding
genius of the organization.
''It seems to me that the CO.
operative movement is the big
gcst thing ever undertaken for
the. benefit of the southern peo-
pie said Mr.. Adams. 81 have
STUDIED the details of the organi-
cation closely. I have watched
the operation of the organiza-
ton in Texas, and I am sold
on the proposition, from the
standpoint of banker and
business man.
Stupendous Movement
1.-THE movement is az stupen-
dous thing. It's magnitude is
almost inconceivable, and that is
one Of the things that has oper
ated i'll Texas and elsewhere to
check the organization work.
There are so many people who do
not believe it possible to organize
the farmers. AS a class, they
have been exploited by calculat-
ing and selfish politicians and
have been led on rainbow
chases' by ambitious, impractical
leaders until many farmers them
selves and the public generally
have despaired of seeing any
farmers movement succeed.
"This new undertaking is
wholly different from any organ
ization efforts heretofore started
in the south. It has the merit of
being sound in principle, and
from what have seen thus far
I feel sure it is advantageous in
practice.
"The Organization in Texas
was complete in the late spring
of 1921. 1t will succeed to the
extent that the producers will
realize the value of their cotton,
if the association receives, as it
should receive, the cooperation
of the bankers, business men and
farmers.
P'No intelligent man will say
that the cotton crop of the south
has ever been successful or intel
ligently marketed. 1t has been,
for the past 100 years, forced
upon the market, and the price
! has been gagged, not by the
value of the commodity, but by
the need of the southern farmer
to liquidate his debts within a
period of two months-debts in
Cured for the purpose of living
during period of ten months.
''In my opinion, cotton will not
be cash. except at sacrifice
prices, for the next five yea s.
Cotton has been only cash in
past years becau@, England, e.
alizing it's true commercial value.
and recognizing that September
and October are the months in
which the peak load was heav-
lest on the south, has come into
the market and bought suf-
ficient quantity of cotton to
warehouse it in Liverpool, and
market it to the trade advantage
of England.
Financial conditions make 1t
certain that this will not hap
pen again soon. 1t therefore de-
wolves upon America to finance
it's own crop, and certainly the
cotton association offers coop
erative financing which can be
successfully attained and which
is fundamentally sound, for the
reason that the cotton is not
only warehoused but is classified
in even running lots. This is
not possible under the system of
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-03-18

as has been handled in a satisfac-
tory way, and I am told that,
taking the average from the be-
ginning Of the season to the
present time, the association has
received from one cent to two
cents a pound more than the in
dividual farmers in selling their
cotton.
1.-THE loans to the association,
so far as the banks are con-
.cerned, are as safe as can be pos
sibly made, as the plan allows
the bankers to fix the amount to
be advanced. /, believe that the
cooperative movement should
receive the hearty cooperation Of
the business men and farmers OF
the south. Tt is the salvation OF
orr section.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-03-18
Florida Crop Quotations

JACKSONVILLE, March 16.-Beans, fan
cy, $3.O0@3.5O; cukes, fancy, s4.5O@6.Oo;
celery, Fla. $2.50@3oo; lettuce, $1.75@
200; English peas. fancy, So .50@4.00; pep
pers, fancy, S3.O0@3. so; sweet potatoes,
81 .5062 90; tomatoes, fancy, $2.50@3.OO;
lemons, fancy. S7.OO07.50; grapefruit, fam
cy, s3.OO@S.5o; grapefruit. choice, $2.O0@
$50; oranges, fancy brights. s4.50@50o;
fancy, $4.25@4.50; choice. $4.0o@4.50; tan
$500; lines, fancy, $4,5o@5.Oo.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-03-18
Liberty Bonds
Naval Stores
NEW YORK, March 17.-Libe

JACKSONVILLE, Fla. March 17-spirits
turpentine: Market firm; regulars, 7SAc;
sales reported 40; receipts S7;~ shipments
10; stocks on hand 1854
Rosin-Market firm; WV. $5.90G600:
VIC, $5.65@5.75: n, $5.20@5.25: NJ, 81 S5Gl
40: X, S4.15@4.20; I. $+00@4.0215; FL, q.
F, L. D. b. $500; sales reported 2,46S;
receipts 1870; shipments 1,S26; stocks on
hand 1885.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-03-18
Financing each individual farmer.
Sells Cotton


"Then, again, the cotton asso-
citation is not a holder of cotton,
but is principle and aim is to
sell 'it-sell it under methods that
absolutely assure to the producer
the actual value of the staple.
tits my opinion that the cred
it system of the south must be
changed to meet the new condi-
tions of marketing cotton coop
eratively. I believe the subject
one that should command the
attention of thoughtful men. 1t
is essential that we have a
credit system which does not ex-
pect to liquidate a pyramided
debt of ten months in period
of two months.
"The cotton association in Tex
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-03-18
FREE FOR cArARRH AND ASTHMA

A French scientist declares he can kill
the germ of bronchial asthma and catarrh
and to prove it will send regular clinical
treatment prepaid to any sufferer. If 1T
clears the head and lungs instantly, ifR-
proves you like magic, and in one week sat-
isfies you that you have at last found a
real cure, you can pay the small cost Of
powders and mailing, If not satisfied. you
do not owe one cent. Accept this free offer
right now. Send name to MAIGNEN CHEM
ICAL CO., 2156 Grand Ave, Kansas City,
Mo.-(Adyertisement) ----..
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-03-18
ST. LOUIS oUorAr1oNs

ST. LOUIS, March 17.-Wheat: No. 2
red, $1.40@1.43; No. 8, $1.37@1.40; May,
$1.34A; July, $1.15B.
so e9FnJ mo aas white 6o5ac; May eoz@
oats-No. 2 white, 1914 @4Oc; May, S918c;
July. 41&c. !.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-03-18
AMEHlCAN EACHANUE QUUTAT1UNS
The following were the ruling prices In
the exchange today:
VISIBLE SUPPLY on COTT

American decrease II ,222 against decrease
of 42,061 last year.
Others increased 1900, against increase
OF 4S.000s last year.
1888 last year.
year.
Season 9.o47,ooo. against 7,151. 900 last
year.
Worlds visible:
American s,4s5,s24, against 4,2ss,s 1881 last
year.
Others 1,oSsOoO, against 2.11s,ooO last
year.
Total 5.471,S24, against e,4oo,ss last
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-03-18
CoTToNsEED OIL MARKET
ATLANTA CoTTUNsEED PRODUCTS
MARKET

corrected by Atlanta Commercial Exchangel
Crude oil, basis prime tank. .$10.25 S1O.5J
Cottonseed cake. per cent.
car lots ................i Nominal
c. s. meal, per cent am.
monia, car lots .......L. 40.O0 Al 90
g. s. meal, Ga. common rate
points, car lots ......... SO. 90 Al 90
G. s. bulls, sacked. car lots. 1880 IA. so
G. s.. bulls, loose, car lots. I1.5O 80
Linters, first cut, high-yrade lots, 4@6c.
Linters, clean, mill run, 2@31Se.
Linters, second cut, IL M2c.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-03-18
QUICK RELIEF

r. ". Turner's Quick RELIEF
SaIve is one of the most power
full, penetrating, germ-killing,
pain-reIieving and healing salves
known to science.
Money will be refunded If Quick Relief
SaIve fails to give instant relief in cases of
Group, head colds, catarrh, sore throat, head
ache, car ache. eczema, itch, burn, rising,
bruise, rheumatic pains or piles.
Removes corns in few hours without pain.
Also removes seed warts.
Large box by mail for 60e.
AGENTS WANTED-Write for special
terms. r. V. TURNER, 301 Jefferson street,
Montgomery. Ala ADVERTISEMENT.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-03-18
COTTON

NEW YORK. March 1.-THE cotton mar
ket opened at a decline of 6 points to an
advance of 2 points, with active monChs
soon selling at to 13 points net lower
under scattering liquidation ana sou.n .ton
selling, accompanied by reports OF petler
weather In the belt. Liverpool was buyer,
however, and the market steadied shortiy
after the call on more numerous reports OF
improving British trade conditions ana new
Orleans advices stating that foreign spinners
were seeking credits there to finance pur-
chases of cotton for forward shipment; May
contracts sold off from IL Soc to li.ooc , anu
rallied to IL SSc, with active months ruInE
4 or noints net lower toward the end OF
the first hour.
Ruying ON the bullish trade news was re-
stricted by continued unfavorabie reports
from the domestic market for cotton goods
and talk OF increasing domestic mill curtall-
ment Prices, however, held steady ana
worked gradually higher later on moder-
ate demand from shorts and the traae.
Nav sold up to 1901 and July to l145,
with active months showing net advances
of 4 to points around midday. Appre-
hension of unsettled weather in the east
crn belt probably helped to steady the mar
ket. but prices were a few points In OH 'fom
the best early in the noon hour.
Trading was quiet early in the after-
noon and there was scattered realizing, but
bullish weekend figures gave the market
n generally easy undertone. May con-
tracts held around 1894 or about one point
net higher
NEW YORK COTTON
The following we're the ruling prices IN
ihe exchange today:
Tone, steady. -, pr.,
Open High. Low. Sale Close Close
Ian. 16. so 1e. 62 16. so 16. 90 1852 .....
Mch. :. 1903 1915 1877 1910 1911 1900
May :. II 93 1903 II 80 17.9s 1895 II 93
July :. II. 35 IT .46 II. 26s47.S5 1885 1913
Oct. :. 1920 1e. 81 1851 16.s6 1886 1890
Dec. :. 16. 73 16. so 16. 65 1880 1858 1915
NEW ORLEANS COTTON
NEW ORLEANS, March 17.-Dry weather
over the belt was regarded favorably in the
cotton market today and around the opening
it caused enough selling to put prices to 10
ports of large fire in Liverpool caused
buying and an upturn so that at the END OF
the first half hour of business prices We're
i to ( points over yesterdays -flnaIS on tne
most active months. May fell off to 1856
and reacted to 1910.
Mill takings were larger than expected
194. 900 bales for the week, and they gave
the market a very steady tone. In the
trading up to noon prices were sent TO
points higher than the close OF yesterday,
to 16.74c for May. -
While price changes continued narrow,
the market held very steady tone in the
early afternoon, the large export movement,
a. TAO bales for the day. against zV,Zlo TINS
day last year, causing considerable COM
ment. In the trading up to $50 o'clock the
advance amounted to to 81 points, May
trading up to 1878.
NEW ORLEANS COTTON
The following were the ruling pslces
the exchange today:
Tone, steady; middling, 16.75c; steady.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-03-18
Suuar Market

NEW YORK, March 1.-THE early raw
sugar market was firmer and prices ad-
vanced Lice on the spot Spot Cubas
are now quoted at 4.04 for centrifugal and
Porto Ricos are up to 1898.
Refined advanced 10 points to $40 for
fine granulatedA
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-03-18
NEW oRIEANs SPOT COTTON

NEW URLEANS bPUI VUILUN
NEW ORLEANS, March 17.-Spot cotton,
steady and unchanged. Sales on the spot,
1908 bales; to arrive, 404. Low middling,
155Oc; middling, 1870; good middling,
Hide. Receipts. 2,2O2; stock, 242, s51.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-03-18
LIVERPOOL COTTON STATISTICS

LIVERPOOL COTTON STATISTICS
LIVERPOOL, March 17.--Weekly cotton
statistics
Total forwarded to mills, 10000 bales, of
which American, $4,000.
Stock, 100000 bales.
American, $4,000 bales.
Imports, 10000 bales.
American, 10000 bales.
Exports, 5000 bales
American, 1000 bales.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-03-18
SPOT COTTON MARKET

Atlanta, steady, 1850.
New Orleans, steady, 1876.
New York, quiet, 1S.40c.
Philadelphia, steady, 1850.
Norfolk, steady, 17.25c.
Savannah, steady, 17.38c.
st. Louis. steady. q7.50c.
Little Rock, steady, 1876.
Houston, steady, 17.50c.
Dallas, steady, lie.
Charleston, nominal.
Wilmington, nominal.
Galveston, steady, 1900.
Mobile, steady. 1880
Memphis, steady, 17.25c.
Augusta, steady, lie.
Montgomery. steady, 1850.
ATLANTA SPOT COTTON
Atlanta spot cotton .................l1.S0 e
Receipts ...i -. 80. o oS
Shipments -. -. ...v.. -. ....''. i,Uo no
LIVERPOOL COTTON
Tone, quiet; sales. 10000; good mid
ding, 11.35d.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-03-18
CHICAGo CASH oUoTATroNs

CHICAGO, March 17.-Wheas. No. q
hard, 1876: No. dark northern, 1867.
Corn-No. mixed, SO; No. yellow,
591a @601a.
0ats-No. 2 white, s71a @4o; Nos white,
35H.
Rye-No. 2. 1.O3H.
Barley, 59@6S.
Timothy seed. 5.00@6.00.
Glover seed, 15.O6@25.00
Pork, nominal.
Lard, 11.20.
Ribs, 11.50@12.00. y
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-03-18
NEW YORK PRODUCE MARKET

NEW YORK PRODUCE MARKET
NEW YORK, March 17.-Flour, quiet and
steady.
Pork, dull; mess. $2e.oo@2e.50.
Lard, firmer; middle west spot, Sill. COG
II. 10.
Sugar, raw. firmer; centrifugal, 90 test.
3.9S. refined, firm; graduated, $50.
Coffee, Rio No. 7. on spot, 9as @99sc; No.
4 Santos, 3A@1311c.
Tallow, weaker; specials. 61ac; city, SIC.
Hay, quiet; No. 1, 81 40; No. 8, 81. 15@
1 20; clover, 81 05@1. 80.
Dressed poultry, dull; turkeys, 35@50c:
chickens, 2O@43c; fowls, 1S@34c; ducks, 20
Live poultry. weak; geese, 19@22c; ducks
32@42c; fowls. 2S@31c; turkeys, 25@45c,
ROSTERS, 1sc; chickens, 22@32c; broilers, 40
Cheese steady; state milk, common to spe.
5@17c.
Butter, Quiet; receipts. 1904; cream
cry, extra, 40; do. special market, 40@41;
state dairy, tubs; imitation creamery, firsts'
Eggs. firm; receipts, 25,oo3; nearby
white fancy, Sc; nearby mixed fancy, >221a
@2S; fresh firsts, 24@277s; Pacific Coast
extras, 25@33.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-03-18
GRAIN MARKET oPINroNs

Riordan, Martin & Co.: While we are still
bullish, there may be considerable evening
up over the holiday.
Lamson Bros: We feel very friendly to
wheat on breaks.
Leland & Co.: We favor purchases on set
backs.
Clement, Curtis & Co..: Wheat should
show an upward treHd.
Bartlett, Frazier & Co: Declines, will
prove attractive on which to make purcha ses.
Harris, winthrop & Co.: We think this
unusually early foreign demand for our new
wheat is of prime Importance.
Sincere & Co.: We favor buying side es-
pecially on breaks.
Lowitz & Co.: Look for some decline from
present prices in wheat and trading mar
ket in coarse grains.
Hulburd. Warren & Co.: We prefer the
selling side ON hard spots.
Press & Co.: Corn is well worth the
money. NJ
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-03-18
WEEKLY EXPORTS

Weekly exports 1903, against s7,015
.asts year.
season 4,ol2.loO, against s,57s'e1s last
TESTERS COTTON STATEMENT
NEW ORLEANS March 17-Hester's
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-03-18
WANTED HELP--MALE

BE a RAILWAY TRAFFIC INSPECTOR!
$40 to $3.50 monthly, expenses paia after
3 months spare-time study. Splendid OPP
portunities. Position guaranteed or money
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CLERKs-Young men, over II. desiring
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ALL men, women, boys, girls, over II, will
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7WANTED-FURS
-9"'-'''~-''>"'-fWTcIN fTfEfD~2FURSi
FOR well-cased No. stock am paying
mink. large, dark. ST: otter, large, dark,
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took compounds Imperial Co.. D-S0. Parsons
Kansas.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-03-18
7WANTED-FURS
WANTED-AGENTS

WE PAY $50 A WEEK and expenses and give
Ford Auto to men to Introduce poultry and
took compounds Imperial Co., D-S0. Parsons
Kansas.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-03-18
Mrs. Coarti Summoned

Another sensation was expert
enced by the crowd Thursday eve-
ming when it was learned that So
licitor General Mclaughlin had
summoned Mrs. Coart to his offices,
where she remained for more than
an hour, the first time she had been
to the courthouse since the trial be-
gan. The solicitor refused to say why
she had been summoned, but it is
generally understood that it was de-
sired to show, if need be, that she
did not stay away from the trial
becausc of any inability to attend,
the intimation being that her action
was a silent protest against the con-
duct of her husband, =
1t became known through Colum.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-03-18
ATLANTA SPOT COTTON

Tone. quiet; sales. 10000; good mid
ding, 11.35d.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-03-18
NEW oRIEANS COTTON

he exchange today:
Tone. steady; middling, 1870; steady.