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The Greenville News from Greenville, South Carolina • Page 12
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The Greenville News from Greenville, South Carolina • Page 12

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Greenville, South Carolina
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12
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up. Ity is some close of crop in of of prices 10 was trade. than hours In 2 1 cotton until 1S 10 is by davs 6 nets to 1.44 1 12.15 10 to 1 lost 3 but 2.38 wait ber quiet the a not oll in p. WEDNESDAY, 'AUGUST 7, 1929 TWELVE THE GREENVILLE NEWS, GREENVILLE, SOUTH CAROLINA' COTTON QUIET, ADVANCES- -STOCKS HELPED AS FUNDS ARE RELEASED' COTTON QUIET, IRREGULAR BUT UNDERTONE IS STEADY Weather News Expert Views On And Crop Estimates Are Cotton Marts Small, Close Is Up PIERCE AND CO. YORK, Aug.

6-The selling today NEW was largely liquidations long contracts which are being rapidly absorbed by the trade. Temperatures in Oklahoma Ana Texas continue high with depreciation reports in these sections becoming more general The present expectations would that 15.350.000 indicate a of about bales would stand off. Until the report out the way 8 trading market likely. HUBBARD BROS AND CO. NEW YORK.

Aug. 6. -The market was steady on the opening, up a few points better cables and overnight reports of deterioration in Texas and In Oklahoma. Trading during the day WAS exceedingly light, the market holding in narrow range during the entire day. Private reports had little effect on the market as they were in line with previous reports.

The market closed steady prac: tically unchanged from the opening. Tomorrow's market will probably be a repetition of today's as the market seems evened up for the report with the trade awaiting the government estimate. Liverpool futures are due tomorrow, October, 10.08; January, 10.06. ORVIS BROS. AND CO.

-Today's cotton NEW YORK. Aug. market was remarkably steady with final prices showing a gain over last night. Two private estimates were issued. one 15.020,000 and the other 15,022.000.

These are about 300.000 to 400,000 bales lower than the average. The average guess of 68 members of the exchange IS 15,410,000. This 1s usually taken as an index of expectancy and according to what the government may publish the market ordinarily moves up or down if the estimate is lower or higher. The weather continues about the same as usual for the recent past. We anticipate fluctuations between now irregular and the report in the process of further evening up commitments.

Liverpool, due. 10.06. January FENNER AND BEANE NEW YORK, Aug. 6-Trading today was largely of an evening up owing to cables and unfavorable regood ports from Texas and Oklahoma. Prices shade higher than yesterday averaged A did not move much either way.

but rain interior of the There was no belt over night. Temperatures abnormally high over Texas. Oklahoma and western Arkansas and about normal over remainder of the belt. This favorable for central weather was And eastern sections but very unfavorable for westren states. forecast indicate possibilThe map and rains and cooler for drought sections of the northwest within 48 and of showery and warmer tor north halt the central and eastern belt Market acts like it may not change much between now and bureau unless in the weather.

there is a change KEECH AND co. NEW YORK. Aug. 6, The S. S.

Kresge company's sales for July amounted $11,686,539, 811 increase per cent Sales for the fist seven over July, 1928. this year amounted to months of of 8.1 cent the 447, an Increase per over corersponding period of last year. of 68 of the The average guess members New York Cotton exchange Indicates a probable production of 15.410,000 bales. of 11 private reports The average thus far issued indicates a probable production of 15,360.000 bales. Manchester report: Yarns Irregular, cloths dull.

Liverpool cables were better looked for and we opened 5 to points 10 higher. Several reports of interest were published during the day, notably the Cochren bureall and the Garside estimate, and while below expectations they were these were effect upon the marwithout appreciable liquidation absorbed Pro-bureau The buying by the by largely to WAS steady, with points above vesterday. We no of importance expect move of Thursday after the government figures Are out of the way. We believe higher prices are justified. N.

Y. Stocks High Low Close Dye 309 303 1303 Al Chem and 16552 161 Am Can Am Loco 127 Am Smelt and Ref Am Sagar Ref Toh 93 Am Sumatra Am Tel and Tel 282 Am Tob 179 Am Wat Wks 138 Anaconda Cop Atchison and 261 Balto and Ohio 135 Bethlehem Steel Chesapeake and Ohio Ches Corp Par pf Fin 591 Chi Mil St and Chie and Nor West Pae 137 136 136 Chie Rk is and Chrysler Coca Cola 143 1164 16 46 Collins and Aikman Colorado Fuel and Iron 67 6X14 Consol Gas 159 1. Corn Products Cuba Cane Sugar pl 6 Curtiss Aero Pont De Nem 195 193 Du 7812 El Pow and Let Erie Fisk Rubber, Fleischmann 92 92 Freeport Texas General Asphalt 81 1 861 87 General Elec 3H9 385 General Motor Glidden Co 59 581 4 Great North pf 119 119 119 Green Can Copper 189 Houston Oil 074 Motor Car 84 Hudson Ind Oil and Gas 303 301 Int Harvest 133 Int Nick Can 504 Kennecott Copper 904 9014 Kreage (SS) 47 47 Ligg and Myers Tob Lorillard (Pierre) Mack Trucks 99 98 Missouri Kan and Tex Missouri Pacific 93 94 Montgomery Ward 116 Nash Motors 871 National Biscuit. 206 209 Nat Cash Reg A 124 124 New York Central 230 NY and Htfd 1120 Norfolk and West 1250 250 North American 179 119 Northern Pacific 108 106 Otis Steel 46 Packard Motor 132 1311 1313 Pan Am Pet Param Fam Lasky AX Penn 95 Phillips Petrol 34 36 Radio Corp of Am Reading Co 120 Remington Rand 48 Reynolds Tob 53 St. San Fran Ry.

129 Seaboard Air Line Seaboard Air Line pf 159 1161 Sinclair Con Oil 334 Southern Pacific Southern Railway 154 153 Southern Ry pf Stand Oil Calif 20 Stand Oil Studebaker Texas Corp Texas Gulf Sulphur 73 Tex Pac Coal and Oil Texas Pac Land Tr new 13 Trans Oil Union Pacific 26914 245 Rubber 47 47 Steel Wabash Rv 72 Western Maryland West El and Mfg Willys Overland 24 244 Woolworth Wright Aero 12614 Yellow Trk and Coach 37 INCORPORATED INVESTORS PRICES TODAY: Bid Asked 80. Brandt Lewis PHONE 2864 POWERFUL BANKS GIVE STOCKS AID Sudden Influx Of Funds Comes To Hold Up Heavy Selling STOCK MARKET AVERAGES 50 Ind, 20 Rails. 20 Util. Today 231.5 155.4 316.7 Prev. day 231.5 155.2 321.3 Week ago 226.9 153.5 299.1 Year ago 165.0 120.4 148.3 High 1929 234.4 160.4 321.3 Low 1929 201.7 128.6 193.1 Total sales, 3,786,050 shares.

NEW YORK, Aug. banking interests came to the rescue of a tottering stock market today. Prices reacted sharply during the morning, as heavy selling was spilled the market by a 12 per cent renewal rate for call loans, the break on the Chicago stock exchange. and A drop in prices, but a sudden influx of funds carried the call money rate to 8 per cent in the afternoon, and prices rallied briskly, regaining much of their losses. The break at Chicago was particularly disturbing, as the first tremors of a general collapse on the security market.

Also, the high renewal rate for demand loans caused qualms in view of the prospect of a further drain being imposed upon credit by an increase in the bank of England's discount rate. Considerable nervousness was evident in brokerage house board rooms until confidence was partially restored by the quick action of the banks. That the sharp drop in call money resulted from action to bolster confidence. rather than a normal easing credit. was indicated by time money rates, which followed 2.

contrary course, very little money loaning at less than 9 per cent, even for some of the longer matu rities. The utility shares. which made substantial advances vesterday despite the break in the Insull stocks at Chicago, were particularly depressed. American Waterworks was strong. selling close to its record.

Rails were also generally depressed. New York Central and Chesapeake and Ohio dropping about 7 points, although the former regained about half its loss. Atchison was a strong spot, mounting a couple of points to record level Steels were generally steadv, U. S. sagging a couple of points, then regaining its loss.

Such shares as Allied chemical. Westinghouse Electric, General Electric. American International. American Telephone. a few points.

Adams Express dropped 20 in a small turnover. Coppers were heavily bought in the last hour, particularly Anaconda, which role more than points to 122. a new high for the movement, in a turnover of nearly 400.000 shares. Foreign exchanges were inclined to ease, although sterling cables held fairly steady at $4.85 3-16. WHEAT SUFFERS PRECIPITATE DROP Falls Seven Cents And Is 18 Cents Below Recent Quotations CHICAGO.

Aug API. -Unnerved by whirlwind selling that without warning overtook the wheat marke today, numberless traders in semi- panic let 20 of wheat whole. sale, Prices for wheat sufferered an almost perpendicular fall of as much 7 1-8 cents a bushel here. COm pared with vesterday's finish. reaching a level fully per 18 cent under recent current figures.

The selling that started the smash of values was generally ascribed Canadian sources. Closing quotations were feverish and about the lowest point. 6c to 7c net lower. Corn closed 1 3-24c to 2c down, 1 3-8c to 1 7-8c off, and provisions showing 2c to 10c setback. September to December 13974 to 40 1.58% CORN September to December March 971 to OATS September December to .56 RYE September December May LARD 00 September October December .12.25 RIBS September 13.40 BELLIES September 67 October.

14 5.5 FENNER AND BEANE STOCK LETTER NEW YORK, Aug. 6- Today's market WAs featureless excent for strength In coppers and some utilities notably National Power and Light. A sharp decline in call money from 12 to 8 per cent apparently had little market effect. Continued heavy movement of grain in the middle west is bullish feature on rails affected and helps maintain car loadings at a higher level. Preliminary automobile production figures for July indicate that substantial Increase aver July last year and indications are August will show further improvement We believe it only a question of time now before the public generally realizes that fears of an unfavorable automobile situation are groundless and that speculative interests will be attracted to leading motor stocks announcement of new models and continued production and earn- ings.

LIVESTOCK CHICAGO. Au2 6 API-(USDA)Hogs: Receipts. 19.000 A few light and medium to 10c lower: top 12.15: bulk desirable 160 to 220 pounds weight. 11.80 to 12.10; butchers. medium to choice.

250- 300 lbs. 10.40 to 11.40: 130-160 10.90 to 12.10. Packing sows. 9.00 to 9.90 Pigs. medium to choice 90-130 10.50 to 11.50.

Cattel: Receipts. 6 500. Calves: 2.000: generally steady to srtong. better grade range fed steers in broad demand. slightlv less active than Monday.

17.00 paid for light steers by eastern shippers. Slaughter classes, steers, good and choice, 1500 14.00 to. 17.00: 950-1100 13.50 to 16.90: fed vearlings. good and choice. 750-950 13.00 to 16.25.

Heifers. good and choice. 850 ibs. down, 13.00 to 14.75: cows, good and choice. 9.00 00 to 13.25: low cutter and cutter.

6.00 to 7.00.. Bulls good and choice. beef. 9.50 to 11.50: vealers. milk ted.

good and choice. 13.50 to 16.25: stocker and feeder steers good and choice. all weights. 11.50 to 13.00 00 to 25 Sheep: receipts. 18.000: active.

10 cents lower: range lambs. 13.50 to 13.65: natives, 13.25 to 13.50: few. 13.75 and 13.85: fat ewes, steady 5.00 00 to 6.50: feeding lambs, steady. Lambs, good and choice. 92 down, 13.00 to 13.85.

BONDS TRAVEL ON SOFT GROUND Prices Are Shade Firmer Especially In Rails, Some Recessions BOND MARKET AVERAGES Tues. Mon. 10 first grade rails 91.08 91.16 10 secondary rails 94.07 93.95 10 public utilities 93.05 93.15 10 industrials 98.02 97.73 Comb. 94.06 94.00 Comb. month ago 94.24 Comb, year 96.46 bond sales (par value), $11,782,000.

NEW YORK, Aug. The bond market traveled over soft ground again today, although prices were a shade firmer than on Monday the general tone was easy, especially in the rails. Recessions proved to be mostly nominal in the standard issues and no extensive liquidation was in progress, but the underlying sentiment seemed to be unfavorable with 9 per cent time money making its reappearance after a brief absence. Convertibles worked lower in an irregular session. Early declines were mostly erased by mid-afternoon, but selling developed in the late trading and the close found most of the share privilege bonds lower, American Telephone 4 1-25 an extreme dip of about 6 points.

closing at 200 1-2 for a net loss of 4 1-2. International Telephone 4 1-2s at one time were 4 points below the previous final, but rallied to 173 for a one point recession. The general list showed some resistance to selling pressure in the forenoon, but numbers of the low coupon rails later yielded and worked lower. Industrials showed wide fluctuations. Steel were firm, but rubber company and some of Issues, the specialties sagged.

Utilities ruled irregularly lower and oil company obligations, in which some trade developed, were mixed. United States government issues reflected the general sentiment by selling off, although in only one security, the Liberty first 4 1-4s, was there an appreciable turnover. Foreign bonds likewise were dull with virtually all price changes fractional. COTTON OIL NEW ORLEANS, Aug -fAP) -The market for cotton seed futures ruled comparatively steady today although trading was dull with general disposition to for the government report. Prime summer vellow oil closed unchanged at 8.40, and prime crude at 7.624 to 7.75 cents.

Futures closed dull. August. 8.45: October, 855; December, January, 8.75. 8.68. March, DRY GOODS NEW YORK.

Aug. 6-'AP)- Press bureau dullness affected cotton goods, Buy- ers showed little inteerst in coarse yarns fabrics covering only on actual ment. Mills were firm in price. Fine goods were quiet. Some colored goods were selling lightly.

Burlap cables were late, not many quoting, and spots and firmly held. Spot raw silks afloats were were unchanged here and abroad, and SUGAR TAW NEW YORK. Aug. market was very active today sugar undertone was easier, due to inof nearby duty free's, creased offerings Approximate sales, 28.100 tons. Septem2.10: December.

2.19: January, closed. 2.25; May, 2.31 and July, March, There was no change refiner's list quotations from 5.50 for fine granulated. AUTO TARIFF CUT TO 10 PER CENT BY SENATE BODY (Cortinued "rom Page One) it was learned that Alvan MaCauley, president of the Packard Motor company and the National Automobile Chamber of Commerce, had reversed his position and had agreed to both the duty reduction and countervailing clause elimination. WILLING FOR CUT Macauley, together with representatives of automobile manufacturers. recently appeared before the full finance committee response to an invitation Senin ator Reed.

Republican, Pennsylvania and expressed a willingness to the reduction to 10 per cent. but argued for retention of the countervailing provision. Committee members declared the reason for more expensive heavy-duty excepting, and buses from the lower duty was the fact that these products were built on order and were not on a mass pro- eliminated only the countervailing clause. The cut in duty, decided uptoday, they said, made after duction basis. SMOOT PESSIMISTIC Chairman Smoot was less optimistic about the prospects of having the measure in final form by August 19, when the Senate reconvenes, declaring it appeared now to be impossible to complete the work by that time.

Unless the bill ready, the Senate will meet and recess over three-day periods. SNOWDEN CLAIMS MONEY DIVISION ON UNFAIR BASIS (Continued From Page One) the equivalent of £10,000.000 more than she was allotted under the Dawes plan. Meanwhile, only small sums had been left to the lesser reparations creditors. CANNOT SACRIFICE Mr. Snowden declared the British government attaches the greatest possible importance to alterations in this respect because the House of Commons would never agree to further sacrifice of British interests.

The Chancellor complained especially of the increases allotted to Italy and Belgium. Taken literally. the speech of the British delegate poses a grave issue between Great Britain and the three other principal reparations creditors, France, Italy and Belgium. At the same time it tends to line up the smaller creditors on the British side. The spectre of revision of the Young plan, however, frightens majority of the interested powers at The Hague conference.

CRAIGO HAS GOOD DAY AT HOSPITAL Improvement Noted In Condition Of Other Injured Persons Yesterday Deputy Sheriff Ewell L. Craigo was resting fairly well at City hospital last night, where he is suffer1 from deep flesh burns over the ing back and legs, sustained early Saturday morning when a keg of whisky exploded while it was being burned. Little improvement was noted in his condition during vesterday according to hospital authorities. The condition of Henry Williams, who was stabbed in the temple with a knife Sunday, the a blade of the weapon penetrating his brain, was described as very grave by aitaches of the City hospital last night. Clarence Welborn, who was shot through the abdomen, and J.

R. Gignilliat, who sustained a fracture of the skull in an automobile wreck, were reported proved at local hospitals vesterday. James Wade. Western Union telegraph boy who was knocked off his bicycle early Sunday morning by an automobile, suffered a broken leg leg said and to be resting comfortably at fractured collar bone. was City hospital last night.

VOTE TO IMPEACH BANK OFFICIAL Alabama State Superintendent Accused In Recent Failures BIRMINGHAM, Aug. (AP)-Articles impeachment were voted against C. E. Thomas, state superintendent of banks, and 26 true bills were returned against 16 persons by the Jefferson county grand jury today following a four weeks' investigation into the closing of district. four banks in the Birmingham Service of capiases for persons named in the true bills, will start tomorrow morning the sheriff's office of Jefferson county.

Following its partial report the grand jury recessed until September 9. Incidences of "grave and serious irregularities in the conduct of the two banks which existed several months before they were closed were specified in the voluminous report containing 19 specifications of misconduct against Judge Thomas. The articles of impeachment were based on six counts as follows: Neglect of duty, wilful neglect of duty, incompetency, misfaesance in office, malfeasance in office and disqualification to hold office. Report Arbitration In British Strike MANCHESTER, England, Aug. 7.

-(AP) -The Daily News today says that the deadlock in the cotton industry has been relieved. Announcement of arbitration was expected which would restore peace before the end of the week. The stoppage now is in its second week with more than 500,000 operatives idle. Representatives of the master and manufacturers met yesterday afternoon and discussed the situation. The result of the meeting was kept secret, but the News correspondent intimates that arbitration was resolved upon and says that the operatives are not expected to oppose it.

Walls Of Chester Hall Are Secure CHESTER, Aug. walls of former city hall, which chesterned recently, are strong and secure, in the opinion of R. P. Connelly, Charlotte, N. building inspector, who made a thorough inspection of the walls of the structure.

in company with Mr. Mallonee. a contractor. according to a letter received by the council committee from the inspector. Mr.

Connelly advised that the high brick tower should be taken down to the parapets, which will done by J. of Chester, who has contract, and is now engaged in the building a frame work on the interior of the tower so that the brick can be removed. MacDonald Returns To Talk With Dawes LONDON, Aug. Ramsay MacDonald came here today from his vacation in Scotland expressly to renew his conversations with United States Ambassador Charles G. Dawes on naval disarmament and tonight returned by train to Lossiemouth.

"I don't know when I shall return." he told reporters at the station. "It will be when my work necessitates. I am feeling rather tired as I have put in two days work in one Sidney Murders Up To Scotland Yard LONDON, Aug. -Scotland Yard, with a record showing only four unsolved cases out of 109 murders in the past five years, tonight was faced with the duty of determining who murdered and two members of the Sidney family The British public, which has probably a third. been following the slow unravelling of the manner of the deaths by a coroner's jury, looks expectantly to the famous detective force to take action momentarily now that the coroner's verdicts are in.

SUIT IS BARRED LOUISVILLE, Aug. 6--(AP, state's suit against the Kentucky Jockey club. Churchill Downs. and the Latonia Jockey club. was held to be barred by the statute of limitation in a decision announced late today by Judge Eugene Dailey, in common pleas division of circuit court Double Schedule On Air Mail Proposed The inauguration of a double schedule on the Atlanta- Miami air mail route, giving twice-a-day service in both directions is nearer realization, according to The Pitcairn News Wing, official organ of the operating company.

The News Wing gives as the reason for the inauguration of this new service, the establishment of new textile districts in the New South, and the general influx industry in this direction. The new schedule probably will include a south bound leaving time from the Newark airport, adjacent to New York, early in the afternoon. The northbound plane on then Souroutes through Florida will leave late in the afternoon, allowing time for connection with the erican mail plane from Cuba which arrives at 5:45 From Atlanta the north bound probably will leave after plane to be covered, according to the midnight. The total distance News Wing. will be about 1.400 miles, and flying time is figured at less than 17 hours.

FOREST FIRES IN TRIO OF STATES 30,000 Blackened Acres Left Behind, Planes Used To Fight Conflagrations SPOKANE, Aug. -Fires raged through the forests of Idaho and Montana Washington, again today, leaving behind more than 30,000 blackened acres, while approximately 1,000 men fought to control the lakes. In northern California a serious fire had burned over several hundred acres in the Sugar Hill district of the Modoo National forest. Scores of men had volunteered to fight the conflagration. Forest air patrol planes were hindered by dense clouds of smoke.

The planes charted several new fires, to which crews were dispatched by truck and pack train. Hot weather, low humidity, high winds and thunderstorms all fostered hundreds of new blazes, none serious but all straining the resources of the foresters and timber protective association to the utmost. Negro Prisoners Held For Murder NEWBERRY, Aug. negro trusties on the Newberry county chaingang are in jail tonight on charges of murder, having struck and killed Odell Price, 18, of Columbia, Sunday night eight miles above Newberry as he was walking along the highway. The negroes were driving a chaingang guard's car and arrested today by Sheriff Blease, and his deputies.

Coroner held an inquest today and the verdict was th Odell Price came to his death by mobile driven by Coote Williams with Rainey Young and Odell Suber as accessories. Soldier Convicted At Fort Moultrie CHARLESTON, Aug. H. Afong, on trial by court marital at Ft. Moultrie was found guilty tonight on charges of false enlistment, theft of army property, leaving his post of duty without proper relief and unlawful carrying of concealed weapons.

He was acquitted on a charge of desertion. He was sentenced to serve six years and three months at hard labor at such place as the reviewing authority may desire. Montet Elected To Represent Louisiana NEW ORLEANS, Aug. Montet. Democratic candifor the congressional seat datde vacant by the death of Representative Whitmell P.

Martin, apparently was elected over his Republican opponent. M. E. Norman, in today's special election in the third district. In The Ether -WIZ--NEW YORK-395m 10:15 a.m.

-Parnassus String Trio. 7:00 p. Baliew's Orchestra. 8.00 p. -Time.

Nino 8.05 p. Wolfe, soprano; Fucile, barytone. 8.35 p. -Mme. Gainsborg, pianist, Emil Cote.

9:00 -The Yeast Farmers. p. 9:30 p. Foresters, 10:00 p. -Flit Soldiers.

10:30 p. Forty Fathom Trawlers." 11:00 -ABA Voyagers in Sweden, p. 11:30 p. m. -Stromberg-Carlson program.

12:00 p. m. -Time; slumber music. 1:00 a. Aviation weather.

WEAF NEW YORK-151m 10:15 a.m. -Merkur's Orchestra. 7.00 p. talk. Thornton Fisher.

-Black and Gold Room p. chestra. 7:55 p. m. -Baseball scores.

service. 8:00 p. United Synagogue 8:30 p. m. -The Songsters.

9:00 p. concert. 9:30 p. -Happy Wonder Bakers. 9:00 p.

Troubadors, 10:30 p. -Palmolive hour. -National light opera, "Pirates 11:30 p. m. of Penzance." Harmon's Midnight a.

m. -Dave chestra. 1350k-WAAM-NEWARK-240m 10.00 p. -Vanstan Lee, barytone. 10:20 p.

to Home Builders, 10:30 p. Benko Concert Trio. 11:01 p. m. -Baudistel's Olympic Park Orchestra.

11:30 p. m. D. Ford. $2:30 A.m Gardens Orchestra.

8:00 p. m. -Studio Orchestra. 8:30 p.m. -Dinner Dance.

9:00 p.m. -Studio program. 9:30 p. m. -Dance program.

10:00 -Golden Hour of Music. 10:30 p.m. Studio Frolic. 11:00 p.m. -Schmidt social hour.

11:30 p. m. Lou Lewis's Orchestra 8:00 p. m. -Hum and Strum Boys.

380m 8:25 p. m. -Baseball scores, 8:30 -La Touraine 'Tableau 9.00 p. -General Electric program. m.

9.30 p. m. -Same as WEAF. E.ectric Concert Or. 11:30 p.

m. -General chestra. 12:00 p. WE -Dance program. CITY 9:45 p.

m. -Carrol C. Tate. Hotel Traymore Concert p. m.

chestra, 10:30 m. -Jan Garber's Orchestra. 11:00 m. -Program to be announced. 11:30 p.

Johnny Johnson's Orchestra 12:00 -Joe Rea's Nighthawks, 12:30 a. Slipper supper Club Orchestra, 1:00 a. Studio Frolic COURT DENIES LA VARRE MOVE George W. Meares PELZER, Aug. W.

Meares, 87, died at his home near Pelzer late today after a lingering illness. Surviving are two sons, A L. Meares, of Pelzer, and W. T. Meares, of Greenville, and one daughter, Mrs.

S. H. Paxton, grandchildren and one grandchild. Funeral services will be conducted from the home at 2:30 o'clock Wednesday, Rev. J.

E. Merchant officiating. Interment will be in Williamston cemetery. Miss Alice Stoll Miss Alice Stoll. 61, died last night at the home of her sister, Mrs.

H. W. Moseley, 14 Smythe street, following an illness of about two weeks. Miss Stoll native of Orangeburg, but was, been making her home in Greenville for the last five years. Surviving her are two sisters Mrs.

Moseley, of Greenville; Miss Ethel Stoll, of Charleston, and one brother, H. C. Stoll, of Charleston, Funeral services will be held at 2 o'clock this afternoon at the JonesMcAfee chapel, following which the body will be shipped to Orangeburg for burial at 11. o'clock Thursday morning in Sunnyside cemetery. James E.

Hollingsworth Funeral services for James Edvard Hollingsworth, son of Mrs. Nellie Hollingsworth, be held this afternoon at 4 o'clock from the Rock Hill Baptist church Old Spartanburg road, instead of the nome as was previously announced. Rev. A. T.

Abbott will conduct the services and interment will be made in Rock cemetery. His death occurred at the home, A street, Poe mill, Monday aft44 after a week's illness. are his mother, Mrs. Surviving Hollingsworth, and his grandparents, Mr. and Mrs.

J. R. Bruce, and Andy Hollingsworth, all of Greenville. Mrs. R.

S. Stewart GREENWOOD, Aug. R. S. Stewart, 51, died at her home in Shoals late last night after long illness.

Funeral, services will a be conducted Springs church. Laurens county, tomorrow at 4 o'clock by Rev. Ray afternoon Anderson, Rev. J. S.

Snyder, and Rev. R. L. Rountree. Besides her husband, Mrs.

Stewart is survived by two daughters, Mrs. W. T. Woods and Mrs. James GraWare Shoals; one son, M.

D. ham, Stewart, Carteret, N. four sisters, Mrs. James Davis, Ware Shoals, Mrs. C.

O. Bowie Mrs. R. F. Poore, Donalds, and Mrs.

Henry Baldwin, Princeton, and five brothers, W. L. Jackson, Donalds; H. J. R.

and O. K. Jackson, Ware Shoals, and C. G. Jackson, Laurens.

Mrs. Laura Anne Few GREER, Aug. Laura Anne Few, wife of the late J. R. Few, died early tonight at her home on Green street.

She had been in ill health for two years but had been seriously ill but five weeks. She had been a resident of Greer for several years and was well known by many friends. Surviving are the following children: R. B. Few, of Marietta; J.

T. M. and W. R. Few, of Greer, and Mrs.

Bessie Styles and Miss Florence Few, of Greer. Mrs. Few was a member of the Abner Creek Baptist church. Funeral services will be conducted from the Franklin Baptist church in Greer Thursday morning at 10 o'clock, Rev. E.

G. Harrison, assisted by Rev. R. C. Kendrick officiating.

Interment will be in Mountain View cemetery. Hiram Culbertson LAURENS. Aug. Culbertson, well known citizen of the county, died at an early hour today at his home near Ekom, after a brief illness, Funeral services, inMasonic rites, will take placemat Union (Quaker) church, Thursday morning at 11 o'clock. Mr.

Culbertson was a native of Laurens county, but had lived long periods of time at Pelzer and at Ware Shoals. He was a skilled shoemaker, and his work in this line of trade gained for him a wide reputation and a comfortable competency. The deceased is survived by his widow and several daughters, including Mrs. E. P.

Frick of Pelzer. Mrs. Joe Caldwell of Williamsburg, and Miss Gertrude Culbertson, who teaches in the Holly Hill public school. Jesse Hamilton Morgan Jesse Hamilton Morgan, 65, died at the family home on Highland avenue, Riverside, at an early hour yesterday morning. He had been in declining health for some time, but his death occurred suddenly comes as a distinct shock to relatives and friends.

Mr. Morgan was a native of Pickens county, but had resided in Greenville county practically all of his life, having made his home 011 a Augusta road for a number of years. He was a member of the Reedy Fork Baptist church. Surviving are his wife, who before marriage was Miss Kate Young; one son, Edward Morgan, of this city: one sister. Mrs.

Ceily Pearson, and six brothers, Gus Morgan and Elija Morgan, both of Greenville: Marion Morgan of Easley; Luther Morgan and Elick Morgan, both of Georgia, and Joe Morgan, of Shelby, N. C. Funeral services will be held from the Monaghan Baptist church this afternoon at 4 o'clock, conducted by Rev. S. W.

Jolly. Interment will be made in Graceland cemetery, Six nephews of the deceased will! serve as pallbearers, as follows: E. L. Reeves, R. L.

Reeves, W. S. Morgan. M. W.

Morgan, J. E. Morgan and L. M. Morgan.

State Tax Chairman Goes To Detroit COLUMBIA, Aug. G. chairman of the state tax commission. left here yesterday for to attend the nual convention of the North American Gasoline Tax association. CHICAGO CASH GRAIN CHICAGO.

Aug. -Wheat No. hard. 1.25 to No. 1, northern spring.

1.30. Corn No. 5, mixed. 96; No. 3, white, 98.

Oats. No. 3, red. 44; No. 2.

white, to Rye. No. 2, 1.09 Barley quotable range, 56 to 72. Timothy seed. 3.85 to 4.60.

Cloverseed. 15.00 to 23.50. Lard, 11.90; 13.25; bellies, 14.75. Refuses To Dissolve Attachments In Newspaper Action In Brokers Suit NEW YORK, Aug. (AP) -The cotton market was quiet and somewhat irregular, but showed a generally steady undertone today on unfavorable features in the weather vate crop selling up news and comparativeler small prito 19.24 early, December reacted to 19.10 or 3 points below yesterday's close, but recovered most of the loss, closing at 19.19.

The general market closed steady at net advances of 5 to 11 points. The opening was steady at an advance of 5 to 10 points in response to relatively firm Liverpool cables and reports of continued hot dry weather in the southwest. In addito covering, there was sonte buying here against sales in Liverpool, and a little commission house demand, but it was quite readily supplied on the advance to 18.98 October and 19.40 for March, or of about 8. to 12 points on the active positions. The market then became quiet, and prices sagged off during the middle of the day.

October reacted to 18.85 and March to 19.29, making the market about net unchanged to 3 points lower. The offerings were light, however. and there was enough buying to absoro them around these figures. The detailed weather reports confirming the talk of continued high temperatures in the southwest, and the failure of official to promise anything more than some showers in West Texas, no doubt contributed to the afternoon advance. This carried prices back within 2 or 3 points of the early high levels, and the most active months were 6 to 9 points net higher at the close.

Port stocks 516.049. Open High Low Close P. C. 19.10 Jan. 19.20 19.22 19.10 19.19 March.

.19 37 19.40 19.29 19.37 19.29 May. .19.49 19.53 19.45 19.53 19.43 Oct. old. 19.06 18.94 19.00 18.98 Oct. new.

18.93 18,98 18.85 18.94 18.88 Dec. 19.19 19 24 19 10 19.19 19.13 Futures closed steady: 6 to 11 points ligher, Spot quiet; middling 18.95. NEW ORLEANS COTTON NEW ORLEANS, Aug. 6-(AP)The usual reluctance of traders to enter upon new commitments in advance of the government's report mused the cotton market to rule quiet today with the extreme spread of fluctuations not exceeding 16 points, although there was moderate evening up in advance of the report. The general market closed steady pt, net gains of 3 to 9 points.

Liverpool cables were 4 to 6 points better than expected and the market here opened an advance of 3 to 6 points in response. Prices continued to after the start under buying. October sold up to 18.85 and December 19.05, or 8 points above yesterday's close. The market turned eavier. however, October traded down to 18.75 and December 18.95, or 10 points down from the early highs.

Receipts for week 22.640: for year last year 15,645. Exports for week for year last 37.608. Stocks 054; last 515.787. Stock on year shipboard 18.735; last year 39,381. Spot sales last year 4.743.

Cotton futures closed steady at net advances of 3 to 9 points. Open High Low Close P. C. Jan. .19.08 19.06 18.67 19.03 18.97 March.

.19.24 19.22 19,13 19.33 19.13 .19.38 19.35 19.35 19.35 19.28 May. Oct. .18.80 18.85 18.75 18 81 18.77 Dec. 19.03 19.05 18.95 19.00 18.97 cotton quiet, tour points Spot closed Sales, 131; low middling. 17.46: middling.

18.96: good middling, receipts, 543 stock, 42,631. PORT MOVEMENT New Orleans: Middling, 18.06; receipts, 543; sales, 131; stock, 42,631. Galveston: Middling. 18.40; receipts. 699; exports, 300; sales, 350: stock 13.339.

Mobile: Middling, 18.35; receipts. 256; stock, 11,561, Savannah: Middling. 18.84; receipts, 240; sales. 305: stock, 19.749. Charleston: Receipts, 162; stock, 13.931.

Wilmington: Stock, 3,189. Norfolk: Middling. 19.25; receipts, 42; Bales, 27: stock. 25.980. New York: Middling, 18.95; stock, 619.

Baltimore: Stock, 619, Boston: Stock, 1.269. Houston: Middling, 18.35: receipts. sales. 1.766: stock, 137 579. ports: Receipts, 615; exports, 614; esports, stock, 7.871.

Corpus Christi: Receipts, etock, 45,824. Total today: Receipts, exports, 3148; sales, stock. 522.051. Total for week: Receipts, 22.610; exports, 14,767. Total for season: Receipts, ports, 37,566.

INTERIOR MOVEMENT Middling, 18.20; reecipts. 108; Memphis: shipments, 1,005: sales, 105; stock, 42.655. Augusta: Middling. 18.94; receipts, 210; shipments, 352; sales, 133; stock, 30,663. St.

Louis: Receipts, 552; shipments, 552; stock, 9,124. Fort Worth: Middling, 18.10. Little Rock: Middling, 18.23; sales, 338; stock, 3.861. Atlanta: Middling, 19.00; sales, 500, Dallas: Middling, 17.95; sales, Montgomery: Middling, 18.35; sales. 70.

Total today: Receipts, 871; shipments, sales stock, 86,313. GOVERNMENT BONDS NEW YORK, Aug. -Closing quotations on United States government securities today: Liberty 32-47 97. Liberty 1st 98.21 Liberty 4th 98.21 Liberty 4th 98.24 Liberty 4th 98.20 Treasury 41-57 107. Treasury 4's 44-54 102.13 1940-43 96 30 An E.

A. Pierce Co. IT WALL STREET New York COTTON SPOCKS BONDS Copy of fortnightly MARKET REVIEW on sequest Bustero, Southern, Weston Canedian SUMTER, Aug. La Varre to by lawyers for William dissolve attachments on property of Harold Hall in South Carolina, made when Palmer, De Witt and ers brought Palmer, New York, newspaper brokagainst Hall and La Varre to collect $13,175 alleged due as commissions in the purchase of three South Carolina newspapers, was denied Circuit Court Judge John S. Wilson here today.

La Varre claims Hall has no South Carolina holdings. La Varre's attorneys sought dissolution of the attachments on ground that bond upon which the attachment was issued was insufficient in that it fails to provide for payment of costs and damages in event the attachment be set aside by the court and provides for liability on the part of plaintiffs only In event plaintiffs fail to recover. International Asks Suit In U.S. Court COLUMBIA, Aug. for the removal of William Varre's $2,500,000 damage suit La against the International Paper company and the the International Paper and Power company from Richland county of common pleas to federal court was filed here today.

The paper companies' counsel seek to have the case transferred to States district court for the Eastern district of South Carolina posted $500 bond for the removal. No date for arguments is suggested. Reasons given in the petition for removal are that it is monetary 1n character, that it exceeds $300.000, and that' the principals are residents of different states. FUNERAL INVITATIONS The friends and relatives of Mrs. Nellie Hollingsworth, Mr.

and Mrs. J. R. Bruce and Andy Hollingsworth are respectfully invited to attend the funeral services of James Edward Hollingsworth this afternoon at 4 o'clock from the Rock Hill Baptist church on the Old Spartanburg road, Rev. A.

T. Abbott officiating. Interment will be in the adjoining cemetery. Jones- funeral directors. The friends and relatives of Mr.

Mr. Edward Mrs. Ceily and Mrs. Jesse Hamilton, Morgan, Pearson, Messrs. Gus, Elija, Marion, Luther, Elick and Joe Morgan are respectfully invited attend the funeral services, of Jesse, Hamilton Morgan afternoon 4 from the Monaghan Baptist church, by Rev.

S. W. Jolly. Itconducted, be in Graceland cemetery. Jones-McAfee, funeral directors.

here. TOO LATE TO CLASSIFY LOST--Near Neal and Townes streets, lady's white gold Gruen wrist watch. Reward if returned to 120 Atwood street. LOST--Tuesday. Wahl gold rimmed solid red pencil, on Court street behind Poinsett hotel.

Finder return to desk Poinsett hotel and claim reward. DR. BRADY ON THE AIR TOMORROW MORNING (and alternate Thursdays) TUNE IN AT 10:15 A. M. RADIO HOUSEHOLD INSTITUTE Station WBT and associated sta-4 tions of the N.

B. C. Red Network. March TONIGHT IS Sylvania, NIGHT Vocal and Instrumental delights--the songs you love--the ever fascinating melodies. Hear them again tonight.

Sylvania Foresters. Station WBT and the NBC Network, at 7:30 2811 LOW ROUND TRIP FARES to CHARLESTON, S. C. Via C. W.

C. Ry. ACCOUNT OPENING COOPER RIVER BRIDGE AUGUST 8-10, 1929. Greenville Gray Court Fountain Simpsonville Inn $4.50 Barksdale. Tickets will be sold for trains of August 8th, limited to return August 12th, 1929 Through trains between Greenville and Charleston.

GEO. T. BRYAN, Gen. Agent. H.

C. HARVLEY, Agent Greenville, S. C..

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