The Starkville news., November 28, 1902, Image 1

About The Starkville news. (Starkville, Miss.) 1902-1960

Image provided by: Mississippi Department of Archives and History

                
VOL. 1
Cotton Crop
Estimates,
Predictions of Members of the
New York Exchange.
Nov York, Nov. 25. —Late to
day K. Siedenhurg & Cos., who
have charge of securing esti
mates of m* inbers of the New
York Cotton Exchange, announ
ced the result. The average is
11.077,000 bales.
Estimates were made by 144
members, and the guesses on the
crop ranged from 10,4*.K),000 to
H.bOo.ooi) bales. The estimates
of the Exchange are usually con
servative, falling a little under,
rather than over, the amount ol
the cron. In some seasons they
have been 200,000 bales under
the actual yield. This estimate
was not given out until after the
close of business.
Another event of the day was
the announcement by Latham,
Alexander & Cos., of their crop
estimate as H. 000.000 bales, and
it contributed to the decline in
the market of It' to 16 points.
Latham, Alexander & Co.'s
crop circular is as follows :
“For many years we have pub
lished annually, for the informa
tion of our correspondents, an
estimate of the cotton crop of
the United States, compiled from
figures contained in replies to
letters addressed by us to sever
al thousand firms and individuals
in the cotton States, and the av
erage of those estimates for sev
eral seasons has tended to largely
underestimate the total yield.
‘ This year, instead of request
ing estimates of the crop from so
many, we have sought the infor
mation by letter and telegram
from a limited number of the
most intelligent and best inform
ed correspondents in every cot
ton State, and the following we
regard a conservative estimate of
the crop at this date;
Estimated crop.
State.
Alabama
Arkansas
Florida ’
North Carolina g
South Carolina ••• •; • 1.>0,000
Tb\h< and Oklahoma Terri
tory
Estimated total 11,000,000
Last year was an unfavorable
one for cotton production in near
ly all sections. In the South At
lantic States excessive rains pre
vailed much of the season and in
Texas and the Southwestern
States a disastrous drought cut
the crop shot. In spite of these
adverse conditions the yield prov
ed to be 10,681,000 bales.
“This year, as a rule, the seas
on has been favorable; stands
were perfect, cultivation good,
the crop matured early, the fall
has been phenomenally mild—
no killing frost— the plant has
had ample time to ripen, and the
picking season thus far all that
could be desired. It is, there
fore, not improbable that the
crop this year will exceed that of
last year by some 300,000 bales.
“You recon de president is
fond of ’possum?”
“Well, I never hear tell he
wus; but he mighty close ter it;
he got a great likin’ fer de
cullard racel”
THE STARKVILLE NEWS.
STARKVILLE. MISS.. FRIDAY, NOVEMBER 28. -1902.
Charged With
Murder.
W. H. Curry and Dr. Back
stom of the State Farm,
Charged With Killing
a Negro.
Last Saturday night Deputy
Sheriff Weissinger returned to
tndianola in charge of W. H.
Curry, until recently sergeant ol
the State farm and Dr. Backstom
physician in charge. The men
were indicted by the grand jury,
just adjourned for murder and
they were brought here and
lodged in jail.
It appears that there was a
negro on the farm who was sick
and unable to work. He was ex
amined by Dr. Backstom and pro
nounced well and on shirking
work again was whipped by
the sergeant. He was given, it
is said, ten licks, when he fell
over partly paralized. He was
taken care of and sent to the
hospital where he diel.
The prisoners are very reticent.
They consider themselves the
victims of the Kincannon —Parch
man trouble and do not fear but
that at the first opportunity they
will be able to clear themselves
of t his serious charge. It is a very
unfortunate position that they
have fallen into, and from which
their friends hope they will soon
come clear.
They will be given a hearing
in habeaus corpus proceedings
before Chancellor Me, C. Kim
brough at the earliest oppor
tunity.
Tuesday evening Judge Larkin
ordered Sheriff Cox to release Dr.
Backstrorn on a £2,000 bond
which was promptly made and
the Doctor was released.— India
-11 ol a Toscin.
Our information is that Mr.
Curry has not been in jail, but is
under guard. He ami his friends
are confident of his acquittal as
soon as his trial can be had.
Negroes to Ship
Prom Savannah.
About Three Hundred Blacks
Will Leave for Liberia,
Savannah, Ga., Nov. 21 —The
third cargo of negroes from Sa
vannah for Liberia will sail
January 20, in charge of the
Liberian Colonization Society of
Birmingham. It is expected that
fully 800 negroes will make the
voyoge on the steamship Don
nald, of *New York, chartered for
the trip.
D. J. Flummer, of the society,
formerly connected with the In
ternational Migration Society,
that sent two shiploads of negroes
from here, is in the city to ar
range for the departure of the
third cargo. He said to-day that
all arrrangements had practical
ly been completed and that noth
ing remained now but to bring
the ship here and congregate
the passengers at this port of
departure.
— . .♦> —
Headquarters
for Singer Sewing Machines in
the future will be at Geo. D.
Hartness’ store.
Joe D. Hartness, Mgr.
Southern R. R. *
Organized.
Asa Mississippi Corporation.
The Southern Railway Compa
ny completed its organization as
a domestic corporation of the
State of Mississippi here this
morning. The meeting of the
bjardof directors elected for the
purpose of organization was held
in the office of Secretary of State
Power, and, although brief, was
extremely business like and to
the point.
The organization of the new
company was effected by the
ooard of directors which wa>
elected by the stockholders ol
the company and composed of
twelve members, as follows ;
Samuel Spencer, president of
the Southern Railway Company:
Alexander B. Andrews, Francis
Lynde Stetson, R. D. Lankford.
Fairfax Harrison, Stockholders
and directors of the Southern
Railway Company, and E. L.
Russell, A. P. Humphrey, T. C.
Catchings, John W. Fewell, Le
roy Percy, A. F. Fox and J. S.
B. Thompson.
The meeting ot the board was
called to order at 10 o’clock by
President Spencer. R. D. Lank
ford was elected secretary of the
board. Mr.Stetson then offered
the following resolution, which
was carried :
“Resolved that the amount of
the entire capital stock of the*
said railway company is
000,000, whereof £60,000,000 is
preferred stock and £120,000,000
is common stock, with any and
all lawful right .from time to
time to increase or to decrease
the said capital stock or either
or both of the classes thereof.**
On motion of Mr. Stetson tne
board then proceeded to the
election of officers of the new
company, as follows:
President. Samuel Spencer:
tirst vice-president, A. B. An
(Trews; second vice-president, \\.
W. Finley: third vice-president,
vacant; fourth vice-president, J.
M. Culp; secretary, R. D. Lank
ford; treasurer, H. C. Ansley.
On motion the entire capital
stock of the corporation was di
vided into 1,000,800 shares of
£IOO each.
Immediately after the organ
ization of the company the board
took a recess and Messrs Patch
ings, Fewell, Percy and Fox
handed in their resignations as
directors of the company and
the board was reassembled and
the following were elected in
their place: Charles Steele, R.
M. Galaway, H. C. Fahnestock
and Adrian Iselin, Jr.
This makes the new board of
directors and officers of the new
company the same as the board
of directors and officers of the
Southern Railway Company, and
the board adopted the by-laws
and rules of the Southern Rail
way Company.
Father (impressively) —Sup
pose I should be taken away sud
denly, what would become of
you my boy?
Irreverent Son—l’d stay here.
The question is; What would be
come of you?—Ex.
DISPENSARY
ADVOCATED.
The Question is Being Gen
erally Discussed.
“The question of establishing
a dispensary in this State and
doing away with prohibition and
saloons’’ will be a prominent is
sue in the next campaign" so
says a prominent north Missis
sippi gentleman: “i know a
number of men who are going to
make a legislative race on the
dispensary issue. The people
of Mississippi are doing some
thinking along this line and 1 be
lieve that the clay is coining wlv-n
the issue is going to boa p >p
uiar one. The prohibitionists
believe that the time has come
for statutory prohibit! m but
there is no reason to boh n e that
they can carry tins is>ae to a
successful terminali<>. 1 .
friends of lie* 1 -epce-sary win
become active. 1 1■ • • wit, i • 110
trouble about, can i 1 I-• St it
for the measure. I lb: .1; ibat in
time it is bound to win." Th *
above inf Tination imt> c n linns
w I)at <ttiers haw* said, ii semes
that there is considerable senti
ment in the Stab* for the lisp n
sary, but whether them is enough
to carry tin} State; is very <1 aibt
fill. Unless some strong man
runs for governor an I m.ik*’>
this one of the planks in h!s plat
form, tin* issue wil; be lost .sight
of in a large measure. Of c >ur.se
if a strong man should lake il
up, there would e I s< inn; sh >w
for it, as it is a vtv attractive
thing, and ,if ; re,- mb* I to the
people hi the pi 1 ight m ... .
proveto be very [ op ilar.
All Agents Warned to Keep
Out of Lowndes County.
Columbus, Miss., Nov. 22—A
meeting of the representative
business men and planters of
this county was held today in
the mayor’s office and resolutions
wore passed warning t lie labor
agents to keep out of Lowndes
county. The men pres* nt at
the meeting pledged themselves
to stand by each other in boar
ing pthe expense's of prosecut
ing labor agents, and if this
method proven ineffective,'stern
er methods will be resorted to.
Town Election.
Maben, Miss., Nov. 23. —The
citizens of this place met Friday
night in convent! n and nomi
nated the following officers to be
voted for on December Dili;
Mayor, Samuel De Loach; mar
shal, A. L. Gainwill; alderman..
T. J. Mancill, J. H. Thomas and
D. W. Williams; treasurer, E, R.
Sherman. All but two alderman
are the same officers who have
held the same positions for the
four years.
Fat Man Married.
J. W. Grimes, said to be the
champion fat man oft lie country,
and who was one of the stellar
attractions with the Ringling
circus last year, was married in
Yazoo City last wot k to Miss
Blanche Klingensmith. The
groom is seven feet in height
and weighs 754 pounds, while
his bride is of medium size and
weighs but 134 pounds.
Only Speculators Hart.
There is much sense in the
weekly financial survey of Philip
King, the financial *cditor of the
New V >rk Sun. “The trouble
with our present money system,”
sai I lliis authority, “is not that
money is t< >o scarce, hut too
plentiful. If, in resp nse to the
denial) !s<-f speculators, congress
should recklessly ordain a fur
ther inflation, the most mons
trous financial crime of the cen
tury would ho perpetuated.”
The present per capita, stock
of : .n*y in the United States
(Si! . i ; is the greatest <*f that
>f at y country except Franco.
“ *
It exceeds that of Great Britain
si . L, that of Gar in any j?B. s 2,
that T B -Udum S'hhl. and that
of tin• X 'therian Is 83.72. It has
iii(*reased from a per capita or
>*21.36 in 1873 or 25 percent.
The total amount of money in
•irculalion in the United States
in PG was *770,880 081; in .July,
l.ioo, ;♦ ,vas 42,082, 125.490. De
spu’e ti,e occasional tightness
of m m y in Wall street, there
never was a time when legiti
mate enterprises found capital
so easy. The capital for the
legitimate business man, the
tmuuis'acturer and the* merchant
ins not even suffered diminution
oecause of Hi • threatening as
pects’of 11m financial market for
ihe speculative element. As Mr.
Iving says, “legitimate business
.■ m >re sound or active.
i> this s ‘lfsam prosperity
■.. .i has aß'■ h*bi .1, and will cm-
Unua to absorb, the floating sup
ply of money in the country,
leaving Wall street in a hopeless
s at'\"
The Wall Mr e( siluati >n is due
to the recent extensive over-cap
italization. Little ready money
was r quired to float these spec
ulatives. Stocks in the consti
tuent companies were trausfer-
I for stock in new cosporations
multiplied several foil, and the
values base ! prospective earn
mings. X >\v that an attempt is
made to secure hard cash for
som(‘of these top-heavy paper
stocks the money is hard to find.
The money that is so plentiful
for legitimate busbies is becom
ing scarce for the speculator It
was inevitable that this should
he so whenever a general effort
l) convert the inflated paper
into money was made.
Mottoes for 1933.
“Start right and right away.”
‘‘There is something better
than making a living—making a
life.”
“Don’t wait for your oppor
tunity—make it.”
“Stick to your aim. The mon
grel’s hold will slip, but onlv
crowbars loose the bull dog’s
grip.”
“Lend a hand. The bfcst way
to help yourself is to held your
neighbor. ”
“Promise little and do more.”
“Be king of yourself and you
will conquer the world.”
“The world makes way for a
determined man.”
“Be brief. Your time and the
other man’s is precious.”
“Character is the poor man’s
capital.”
“A clean conscience wins the
goal of all men—happviess.”
“To smile in victory is
in defeat heroic.” Success*
NO. 38