1
J
'AGE EIGHT.
THE NEWS SCIMITAR.
TUESDAY, DECEMBER 31, 1918.
V '
URGES STEPS FOR
PROTECTING COHON
PROM BAD WEATHER
One of the most common subjects of
reproach to the South Is that it allows
unneoesssry damage to be done to a
large part of its cotton after it is baled
and prepared for the market There is
much basis for the criticism, as the
average man does not take the proper
protective measures and thus brings
a direct loss to himself
The Southern Products company, of
Pallas Texas, one of the largest hand
lers of cotton in the South, has recent
ly issued a circular letter to the tadc
In Texas and Oklahoma calling atten
tion to the situation, which this sea
son is worse than usual because of the
large amount of cotton held mi the
farms The subject matter Is so apro
pos to other sections that it is printed
herewith, and merits a careful reading
by every man who is holding cotton
outside regular warehouses.
The circular says:
Owing to the lack of space In ships
and general restrictions on exports to
Europe because of the war, u consid
erable portion of the cotton crop Is
held on farms. In cotton yards, "are
houses and compresses ("niton which
has been exposed to the weather has
been damaged materially In conse-
No other commodity of like value
is allowed to be subjected to such In
jury as Is cotton, and under present
condition, unless the situation Is reme
died losses will prove to be enormous.
All damaged bales must, before be
ing shipped be put In merchantable
condition by the removal of the dam
aged portions, and many bales have
alreadv been conditioned which show
losses' in weight of as much as 50
pounds per bale, which means appTnxt
matelv a loss of 15 per bale. This loss
is certain to fall on the present owner
of the cotton. In the Interest of all.
every precaution should be used to
prevent damage which may mean a loss
of millions of dollars to holders of cot
ton through. on the South.
"In order to avoid what promises to
lie a certain loss, the following recom
mendations .ire strongly urged:
1 If possible, all cotton should M
housed in some manner, even at addi
tional cost, after having the damaged
part removed, as otherwise the damage
ill continue to increase.
"J This not being done, each bale
should be put on timbers or rocks, so
as to lose contact with the ground and
allow free passage of air around It, and
even then should be turned frequent
ly, as it will damage where It touchel
the supports
3 If nothing else is done, everf
bale should at least be turned from
tunc to time, In order to expose the
damp portion! to the sun and Mr, ami
this also applies t" cotton on compress
platforms which arc open to the Weath
er If wird men do not have it turned
the owiiers themselves should .see that
this is done
Hankers merchants and others nre
urged to impress these facts on their
customers who are holding cotton and
Insist that thev take Immediate, steps
to check the damage to our most valu
able farm product. '
GRAIN MARKETS
Corn Has Small Bulge Early on
Scanty Receipts, But Later
Reacts Moderately.
CHICAGO, Urc. St. Scant Incss of of
ferings led to a moderate bulge today
In the coin market, on the advance,
howcvoi selling pressure developed,
and ,i reaction ensued. Opening prices,
which ranged from c off to I e up.
uiili January Jl 41 to I - 4 r. and May
1 36 U to 1.37. were followed by lam
notary gains all around, except for
Dfreli.ber , ,. ,
prospect! of colder weather tonight
anil 01 much larger receipts next week
tended later to weaken prices. 1 ho
market closed unsettled, IV' net lower
In o advance, with .ianuary ll.til"
to ti a and May i IMi to It.H.
Qatl weie governed by the action of
corn attei opening "t the same, as
yesterday's finish to V higher, with
Sluy ,("4o to Tii'v. the market under
went something of a sag.
Provision actuated sllehtlv higher
Purchasing Of May bird for one of
the Idg packers was a feature, but
vi ns more than offset inter by weak
ness of corn.
Close
Open. High. Low, Today. Prev.
Corn
He
I II
1.64
1 59 1 64 1 .:i4
11 .4I 1.42 142 Ml
lau i.ttty uts i.37 i.ai
.Ian. . .
Feb. .
Mar
Mav
1
1
1.36 1.3
1,1011 I ' l-fSJI
1.(5 l.fMt 1
l.HU I.I
Oats
Hec Jan. ...
Feb
Mar.
May
.' .(' Mh
.694, ,fS -7S
.;o' ,70U .Mil
,70 .70 .69
,n My iWii
89
69
70
70
-70
.
.07
.69
.69
.70
Jm?... 41,00 tt.M .T "r' TlS
Hay 44.1" 44 10 11.60 41. SO 43.87
uard
Pec
.tan. ...24 no 24 10 ll.tO
May .24 40 24.51 24.02
Jan, ... 10.70 25 90 IMJ
May ..14.10 21 25 23.85
23 60 24.00
23.50 21.00
24.02 24 40
25.87 25 57
23.85 24.20
Corn- No 2 yellow, nominal; No. 1
yellow 11.10; No. 4 yellow. Jl 4101.10.
' Qatfi- No 3 while, Wj70cf stand,
ard l9tt70Uo.
itJ So I ll.M01.tttt.
Barley, MoMl-M.
Timothy. 8 ootn 11.00.
Clover, nominal,
Pork, nominal.
Lurd, 23 50.
Itlbs. nominal.
rivois irrv Dec 31. -Cash wheat
steady to higher; No. 1 hard. 11.168
2.37; No. 2. $2 34; No. 1 red. I2.44.ni
JtJ? v;. I mixed. II U: :
2 white. Jl. 54(ill55
4-H66
oats lower: no.
mixed, 7Hi71c
Rye, Jl 4941150
No.
ellow, 11.15
I while.
No. 2
ST. LOllS. Dec. 31 Corn:
No. 3
11.62, NO white, ll.M
Osts, No. 2
73c.
No. 3 white. 72
Loose Leaf Account
Books and Forms
Ten different styles of
ledger sheets carried in
stock and ready to deliv
er. Cash journals and dis
tribution sheets up to 24
columns fur accounting.
Our Own Printing Plant
enables us to make blank
books and special ruled
forms to order, If you
require a new cash book
or ledger sheets for the
coming, year get our
prices. We meet compe
tition from other cities and
guarantee our work and
delivery. Give Memphis
a chance.
E. H. CLARKE
& BRO.
Manufacturing Stationers,
IVinters.
Ig 8. Main St., Mnmphts,
COTTON MARKETS
Market Gets Better Support
and Recovers Sharply, But
Changes Moderate.
TlMtdfty Afternoon, Deo. II.
On the final day of the CAtendur year
further evidence was Riven of the dom
inance of the Hpot department over the
count of futures. There wait little in
the newH to affect value and traders
were not dtapoyd to do a great deal,
yet there was some early pressure,
Which sent prices slightly lower than
gftri recorded yesterday, March in New
York touching 21 19c. Seeing that sputa
in the belt were not making response
by weakening and technical condition
of the market being visibly Improved,
there was support from people who have
been favorably disposed toward vulues
and the recovery came without trouble.
When it leached about l'i a bale there
was subsidence of support and quietude
followed.
In Liverpool thege was some strength
in the early part uf the trading, declines
not having been as much as due, but
later on offerings increased and finals
vrc Qtlttt and from 4ft to 68 points to
the bad. Cables did nut bring any
special information, but It was assumed
that larger arrivals of the raw mate
rial encouraged some Ox the selling.
Spots were unchanged, ggod middling at
tX.XOd, with sules KH) bales, lncludliiK
400 American. Receipts for the day
were & 1,000, including American.
Manchester advised that cloths and
yarns were in fglr inquiry, but business
was small.
ltecause of the firmness in cables
opening prices lit the domestic markets
were some higher at the opening. LVfgrch
l-iiiK 10 points uti. at and Hold
at 1'S.lOc before starting downward. The
absence of hull support and some dot
ing out Hades pending the starting of
a new year was thought responsible
for the pressure. March dipped to 37. WO
before the decline was 'hecked. There
was little news to explain the weak
ness, but offerings became scarcer at
the decline for 4here was not any
thing to suggest thai Hpols were fol
lowing the decline of the past day or so.
The recovery extended to If.fSc, but
buying power lessened and ItWther dip
to I?.l4c came, being met again by
buying orders from spot and trade in
terests. The rtOOVOTy then extciuled
almost back to the early high, but there
was little trading and evening up
seemed to have been fairly well com
pleted. From the bell came hut little neWI
about spots. ecept that thev were firm
ly Held and holders were confident of
being able to gel their own prices soon.
The weekly figures on takings b t he
spinal is i anii- during the morning, be
ing tM,000 against 170,000 same week
last year. That meant a bearish Show
ing on Mm visible supply, but they did
not appear to lie given muh attention.
During late trading there was fur
ther rise In quotations after several
DACkl and fills, indications pointing lo
some anxiety among snorts Offerings
were light and the best prices of the
day were Just at the close, March
l eaching 28 30c.
Futures closed Till to 15 points higher,
tone strong.
New Orleans closed 25 to 40 points
up. tone steady Spots were unchanged,
middling at Sic, and sales were 1,180
hales
In the focal market sales were 1,280
(tales and quota! ions were unchanged,
middling at 80. Wc. There is nothing
but strength here and holders seem to
feel that they will find plenty of de
mand at rising levels after the holiday.
Spot sales: Norfolk, 4rr. Augusta,
41'); Pallas, 1,070: (lalveston, 845.
All markets will be nosed tomorrow
and Liverpool will remain closed until
Friday morning. t
MEMPHIS COTTON.
Memphis cotton closed steady and
unchanged. Middling, 10.60c sales 1,2611
bales.
Today Prev.
i IikkI iirdltiiiry 15.00 11.00
su lci good ordinary 2d no 2il nil
U.w middling 28.00 11,00
Btrlci tew middling .... 11.00 1110
Middling 30 Go 80.(0
Strict middling 3100 11.00
lonil middling .11. Till 31.59
Strict good middling ... 31.75 11.71
Middling fair 32.50 32.:.0
Yellow tinged, 300 Id 171, points lower.
blue stained, 150 to 350 points lower;
UOW stained. tiOO tn 350 points luwer.
DAILY STATEMENT.
1918. 1917. mm.
Roti, today, net.. 3. is 2.010 2,4311
(.niss 4,nriN i.m 4,122
liets, ulnae Friday 14,382 8.8:13 ,
lirnss 1,0( 2i,llS II.ICI
Since Auk I, nel. 82i.7sli 111,111 1.40,768
tirnss 184, 807 tilH.tilll 863,51.4
Shipment! today., 2.385 7,011 2,14.1
Since AUK. I .Hill, 412 r,;t,,0Ktl M4,7W
Sleek on bund . . .382.661 27.1. :8(J 331,038
DAILY PORT MOVEMENT.
Middling.
Tone. nets. T'd'y. !Ycs. StH.
N. Orleans, sty . 10.471", 31 00 31.00 434,474
lalveston. sty.. Ii.4ii3 32.20 32 20 270,805
Mobile, num. ... 3.0110 30.00 3(1 on 33,1m
Savannah
4.219 31.00 271 "flN
nuuieiton ....
2,207 30.60 57.0311
698 64,201
1,472 29 50 Ill,7,'ll
31.00 31 60 12,064
32.110 II 3d 111,114
36 32 10 11,00 13,1144
33.85 32.55 (1,1 17
Wilmington ...
Norfolk, qt
Halt limine, nom
New York, Sty
Jostott, qt
"hllailel . sty. .
Seattle
1 1 ,011 . .
Total receipts
,30,111
,111,848
Total last year
DAILY INTERIOR.
Mlddllni
Tune. Rets. T'd'y. Yes Stk
Memphis, sty. ...4, 058 341.50 10.50 282.663
Bt. lHlls 761 22.46S
VUIUIta, sty. , .2.474 29.94 29.94 170,123
Houston, stv. . .7,001 11.40 11.15 101,411
Little Rook, O.C.. 995 30 50 30.50 44.0K
Dallas, sty 31 06 30 80
Total reoeipta today 16,194
Same day last year 22,172
Spot sales. Houston 3.810 imles.
TOMORROW'S ESTIMATED.
Lost
1918. Week.
1 10001,000 6.9H8
1.500491.000 18.716
1017.
N. Orleans
I, Ml
7.036
1 lalveston
LIVERPOOL COTTON.
LIVERPOOL, Dec 31.-Cotton, spot
In fair demand. juices unchanged
iiuod mlddilnii. 22.20, mlddlliii;. 21 ,57
KJ iiuddlliiir. 20.52. RpOd ordinary,
19U0. old nary, 18.47 Sales. I.OOO hales
Including' 400 American, receipts, 51.000
hales. InOluainR 4,(. -''Mi Amerlcuu
Kutuies i'losed uulet; January. 20.02
February, 18,92. March. 17.97. April
16 92,
Noon closing, official: December
22 04 value.
Cloae
Today Pre
10,01 20.48
18.92 19.43
January
February
March
April
17 97 18 51
16 92
17 60
Contracts closed quiet at decline
I
4ti to 58 points.
NEW ORLEANS COTTON.
NEW ORLEANS, Dec. 31 The price
of cotton was 5 to 11 points hlnher on
the first call today, hut realizing over
the holiday tomorrow soon set in and
the reaction of yesterday was lesumed
At the end of the first half hour of
iinrlliu: prices were 28 to 40 itolnts un
der the close of yesterday
The large OXpOrtI for the day, the
total being over 3P.0OO hales before noon
stimulated new buying on a large scale
which caused a quick recovery and ad
vanee In the trading up to noon the
market went 30 fo 3,', points over yes
terday's final prices.
ReatttltW was felt nfi .T the noon hour
In a moderate way and at t o'clock
the net advance was reduced lo 16 to
25 points.
Spots closed Steady and unchanged
ordinary. 22 50c: good ordinary, ll.7c;
low middling. 27 26c; middling, 31. 00c.
good middling. 32 00c. Sales on the
spot. R68; to arrive, 822; delivered on
contract, none.
Futures closed steady at advance of
25 to 40 points.
Close
Open llgh Low. T'dy. Yes
Jan ... 29 01 29 30 28.62 29.20 28 90
March . 27 50 L'7 80 27 15 27 75 27.4."
May ... M f,3 SO 97 26.28 26 88 26 63
July ... 25 75 26 20 25 40 26.20 26 10
Oct. ... 23 08 23.40 23 01 23.35 23 10
NEW YORK COTTON
NEW YORK, Dec. 31 The cotton
market was extremely nervous and Ir-
ri'KUlar duiini! today's early trsi inc
The opening was ha'relv steady at an
advance of 90 points on February, hut
generally tin, hanged lo 20 points higher
on covering by some of yesterday's
sellers and rebuyitig. "This demand was
soon supplied, hotvovei, d Uie mar
ket broke sharply right after the call
under active general selling Reports
that banking Interests were not .lis
nosed to take an optimistic vlewof
cotton exports owing to probable diffi
culties In financing a heavy movement
should government guarantees he ter
minated, seemed lo unsettle sentiment
and promote Wall street selling The
South also was a seller on the break,
which extended from 29 30 to 28 85 for
January and from 28.10 to 27.00 for
March, or about 25 to 35 points net
low er.
Stop orders were uncovered on the
early break and pressure subsided with
'he .market turning firmer on covering
and fresh buying. January sold up to
29 50 and March to 28.22. making net
gains of 20 to 37 points, but notices
1 r presenting about 1,000 bales of cotton
from January delivery still seemed to
be circulating and there was also some
selling here by New Orleans on the
differences This checked the advance
and turned the market easier late In
the morning, with January selling off
to 29.00 around midday, or 30 points
net lower.
Trading was much less active during
the early afternoon, but the market
ruled steady around 29 37 for January,
or about 7 points net higher, while lat
er months worked 20 to 30 points above
last, night's closing on covering, with
March selling at 28. 06.
Futures closed strong at advance of
50 to 15 points.
Close
Open. High Low Today Pro
Jan. ... 29 30 29.60 28 90 29.58 29.30
Feb 28.50 28 00
March . 28.05 21.30 27.60 28 25 27.85
April 27.40 27.00
Mav ... 27.06 27.22 26.55 27.17 26.85
Jmie 26.50 26.26
July ... 26 16 26.43 25.70 26.35 26 03
Aug 25.25 24.95
Sep 24.00 23 85
Oct. ... 23 65 24.00 23.45 23.90 23.60
NAME CANDIDATES FOR
COTTON MEN EECTION
Members of the Memphis cotton ex
rhange Will at their annual election 011
Wednesday, Jan. 8, make, selection be
tween 1 H Barnwell and W. M. Hrakc
for president of the organization dur
ing 1919. Both are cotton buyers, re
spectively leading tickets No. 1 uud 2.
Announcement of the tickets was made
Tuesday afternoon and a keen race is
promised.
Following are the lists of candidates:
No. 1. President. 1. H. Barnwell:
vice-presidents, H H Flnley, W. P,
Maury. J. H Hurt; treasurer, T. 0.
Vinton; directors, N. ('. Richards, S It.
Laathenman, H. K. Reese, W. J. Ab
slon, K ('. (ilbbons.
No. 2. President, W, M. Drake; vice
presidents, Graham Smlthwtck, John It
Fllpnln. Q, K. Prlmni; treasurer. S. K.
Itagland; directors, (' W. llunsey, Shel
by Qabbart, B. H Baecher, Qwynne
Yerkcr, A J. Warwick.
MEMPHIS MARKETS
Produce.
(Shippers must place candlfcr'fl cer
tificate In each case of eggs.)
Kggs-Krcsh, 61062c; storage, nom
inal. Butter Elgin cramry, pound prints,
I07io; country bulter, 3i42c; renu
valad, 1, 11, mi,
Oheeau ("ream print. 40c,
Poultry- Chicken." springers, small.
3Df'i37c; large, 24f((25c; ducks, 27tCi!9: ;
hens, alive, DtfffOc; dressed, MO'lOi
roosters. 6017c; geese. 27(ft28c; tur
keys, alive. lOQtlc; dressed, choice. 38
III 40c, others. ;,f,IT37c.
Rabbits lioxeti. 2.00Jj 3.25.
Dressed Hogs round. 204C3c.
Fruits.
Lament Par box. 6 oo6.50.
Oranges--Florida and Louisiana, $5.00
Mo.
Hanaruis Pound. 'fi (',,
Dried fruit Evaporated apples 14
Ollc; peaches, 11 Oil Ifc; prunes,
lb , ItVfl l8Uc.
11ples - Ilarrels stock: New York
IvIiiih, A.-l, 17.50; Virginia and II
llnols, Vorks, A-
7.75(if8.0fl; fancj
38.50; llanos A-2Va. $1160; fancy, 17.00
I ten DSVIB, No, 1, Jh on; 14 grime, fl.UU
J6.00. Wlnesutis, A-2. lt.M910.00,
urupertuil 'BOX, J4 .uuw4.au.
Cranberries- Pound. 20c, ,
Provisions.
Dry Salt Meuts - Heguiar. zc; ei
liu, 28c. .
sugai-i'ureti Meats stanoaru nums,
16u 38i .
Baron- Fancy selected. 410140.
Lard Hog lurd. 28V4if31c; best grades
of compound, 24!,c.
1 ooiinig uii t'er gallon. i..i. In nuiK.
Cottolene Per case, $14.20(1) 15. 90;
HnoWdrlft, $13. 29W 13.84; Crlsoo, $I0.26W
Grain and Fcedstuffs.
Oats White, dray lots. 91c; mixed.
90c.
Chops Per ton. 189 than car lots.
$(111.00.
Hay Timothy, less than car lots.
choice, $37,00; No, 1. $36,00; No, 2,
$34.00, cur lots, $1 per ton less; alfalfa,
choice, nominal; No. I, $10.00, No. 2,
$36.00.
Mill Feeds -Dray load lots, Ion:
Hran, $65.00, shorts. $60.00.
Groceries.
Meal- ("ream. bid . basis 100-lb sacks.
$7.70; 60-lh. sucks, $7 90; 25-lh. sacks,
$8.10; in II.. sacks, $8.70; burlaps, 60c
extra.
I'offee Arhuekle s roasted. case.
Men. phis vasts, $25.55: roasted, hulk,
per lb.. llOtlO: green, common ordi
nary, 17(U'l8c: Drlme, 204f8tc; fancy, 11
nr; Juvu. -Mime.
Sugar - Standard granulated cane,
9.60c; clarified, 9.20c.
Flour- Standard patent, 24-lb. sacks,
bbl., $11.10011.36: 48-lb. sacks, 20c un
der, self-rising, $11.40011.60.
Rice Imported, pound, 601014c.
Hides and Wool.
Hides No. 1, green, salted, 11013c;
portly cured. 17((M8c, green 150 Uo I No,
2 grades, damaged culls, half price;
dry flint. IIOlOo: dry salted. 255t2'ic;
diy culls, half price.
Sheepskins, $1. 00O2.00; shearlings, 10
0350! goatskins. MW4BI1.O0,
No. 1 horse hides. $6 004M,00: No
horse hides. $4.0005.00; glues and
ponies. 31.1.0(0 2 1.0.
No. 1 tallow. 13016c; No. 3 tallow
1301401 beeswax, 860310; ginseng
$U" (10.1 13 00. Hidden Seal, $4. 005)5.00.
wool i lean, unwashed. f4dliftc;
buiry, unwashed, S0(f45c; tub washed.
76090c. burry, washed, 36iu'50c.
Vegetables.
Beans Navy, per lb., imoiSHe;
Lima, per lb . 14c.
Peas ("a Iff or nia black-eyed, per lb.,
new. 8V4c
Onions Cwt sncked, white. $3,000
1.50, reds, $2.0002.26; yellows, $2,250
2.60.
n Potatoes ("wt,, all vurletles, $2 260
Sweet Potatoes Home grown. Nancy
Hall. bu $1 260 1 50.
Cabbagf Northern, cwt , $2.0002 26.
1 cicry iiuncii, inic'ii 1.011.
Cucumbers Dosen, $20001.15.
Eggplant -Dosen, tl.tOQlToo.
Lettuee ("rate. lt.00OI.tl.
Peullflower Crate. $2. 75 0 3. 00
Seed Stock Potatoes, Triumphs
wt.. January shipment. 3 10 union
red, $3 26 bit
BOND CLOSING.
NF.W TORK. Dec 31. Final prices
on Liberty bonds todav were: 3V4js.
00.60: first convertible Is. 03 00; second
4s. 11.10: first convertible 4 l-4s. K.tt:
second convertible, 4 is. M.W: third
I l-4s. 06 30. fourth 4 1 -Is, 05 16.
STRIKING MACHINSTS
GO BACK TO WORK
CHATTANOOGA, Tenn., Dtt 31-
The trouble with mploytM fit thn
Rauthftrn Machine woriu h&i Wen am
loibtV srtlle.t Tht difficult Krrw nut
of h IttUMPpnktMton Rfl to dlsthnrKi'
Ot men on conclusion ot wht contract.
The lnunuKCinent rxptAllMHfl that th.
men had hion notified of the orders
to shut down on Jan. 31 and Wt aid
Inn 'he niHU o secure other .lobs. At
a .meeting tills morning the men de
cided to continue work at the old scale
until Jan. ti. However, the manage
ment voluntarily granted an Increase
f three cents jier hour for men net
ting 40 cents per hour and 2 cents for
those getting under 4 cents Tin
men had -asked an Increase of 5 to 10
v ents un hour an graduated scale.
YOUTH TAKES LIFE.
CAMDEN. Tenn., Dec. 81. (Spl.V
Robert HarftS, 18. shot and killed him
self In the barn ,,f W, S Markhsin. sev
en miles north of here, it was learned
:day. It Is thought he became men
tally unbalanced from an attack of tn
fluenxa He became u.-inalanceil when
at. out 12, but apparently recovered af
ter being confined in an asylum, llar
gis' father killed himself a few years
ago.
FROM WALL STREET j
Stocks as a Rule Inclined to
Activity and Firmness.
Bonds Are Higher.
NEW YORK, Dec. 31. Excepting
I'nlted States Steel, which yielded al
most a point, stock were inclined at
the active opening of today's session
to recover their losses of the previous
day. Coppers were especially favored,
leaders advancing 1 to 2Vi points.
Marked strength wu,s shown also by
Marino preferred. Mexican I'etroleum.
Mldvale Steel. Central Leather and Dis
tillers and high-class rails hardened
liactlonaliy. Liberty bonds denoted In
vestment demand, one block of !00.000
of third 44s changing hands at an ex
treme advance of one-half of one per
cent over yesterday's final prices, while
the. ffenjrth 4s soon rose to 95.50, a
gain of 1 per cent over yesterday's
minimum.
Ralls and Industrials came forward
at midday gaining 1 to 4 points. Oils
were the dominant features, however,
merlcan I'etroleum, comomn and pre
ferred showing gains of 4 to 6 points,
respectively, Texas Company 10 and
Mexican Petroleum 11.
Oils Increased their gains later, but
other leaders fell from fractions to a
point under their best. The closing was
strong.
LAST SALES.
, (By the Associated Press.)
American Beet Sugar 634
American Can 47j
American Car and Foundry 93
American Locomotive 61
American Linseed 46la
American Smelting and Refg. .. 76 Va
American Sugar 111
American T t T 100V
Anaconda Copper 60
Atchison 93
Atl. (lulf. & W. Indies 107
Baldwin Locomotive 74
Baltimore ti Ohio 49 (i
Bethlehem Steel "B" 61
Canadian Pacific Ui4
Central Leather 60 la
Chesapeake Kl Ohio 67
Chicago, Mil & St. Paul 38
C. R. I. & I- 25
v'hlno 1 'opper 33!n
Colorado Fuel and Iron 36
Corn Products 48
Crucible Steel 67
Cuba. Cane Sugar 1 29
Krle 16
(lencral Electric 110
General Motors 132
(Irettt Northern pfd 95
(Jteat Northern Ore Ctfs 31
Illinois Cetnral 98
Inspiration ("opper 48
Int. Mer. Marine, 26
int. nier. Marine pin ii-vt
liKern.it a! I'aper 30
btennecott (.'opper 31
Louisville Nashville 118
Maxwell Motors 11
.Mexican Petroleum 1(9
Miami Copper 22
Mldvale Steel 43
Missouri Pacific 26
New York Central 74
Norfolk & Western 107
Northern Pacific 94
Ohio Cities lias 43
Pennsylvania 44
Pittsburgh Co:l 40
Itay Consolidated Copper 20
Heading 82
Republic Iron and Steel 75 Vi
Sinclair oil and Refining 24
Southern Pacific 101
Southern Railway 29
Sludeliaker Corporation 61
Tennessee Copper 13
Texas Company 184
Tobacco Product! 81
I'lilon Pacific 129
I tilted Cigar Stores 108
IT, 8, Ind. Alcohol 102
I'nited States ltiihlirr
70V4
Inited States Sleel
Utah Copper
Wabash pfd. "A"
Westlnghoiise Klectrlc (ex. dlv.).
Willys-overland
American Tobacco
lib
73
31
4lfi
26
104
100
61
8
50
1664
51
31
Mlantlc Coast l.lne
liulf States Steel
Seaboard Air Line
Sloss-Shef. Sleel and Iron
i'nited Fruit
Virginia-Carolina Chemical
N. V., N. II. & II.
MISCELLANEOUS
KANSAS CITY. Dec. 31. -Butler,
eggs and poultry firm, unchanged. Po
tatoes, firm, $1.70 lit 2.10.
J e
CHICAGO, DeC. 31 Buttor firm;
creamery, 56fu664c.
r.ggs --Hecelpls, 2,841 cases,
changed.
Potatoes Receipts, 30 cars;
changed.
Poultry Alive unchanged.
Illl
NOW STORK, Dec. 31. Butter steady,
receipts 1,120; creamery higher than ex
tras, llttQtSc; creamery extras (03
score) 81c; firsts, 08OlTiC,
IKgs, Irregular; rtoetpts 6.157; fresh
gathered extras, 67i8c; fresh gath
ered regular packed etxra firsts, 65ji!
lie: do firsts, 64c.
cheese firm; receipts 630; state fresh
specials 37 l 37; do average run, 350
36i,c.
Dressed poultry steady; turkeys 40
46c; other prices unchanged.
ST. LOUIS, Dec.
butter unchanged.
Kggs, 68c
31. Poultry and
Live poultry firm; chickens,
fowls, taO'tlOj old roosters, 23c;
keys. MOtto,
32c
tur
NEW YORK, Dec. 31. Metal ex
change (piiiles lead dull, spot and De
cember offered at 16.00; spelter, dull;
Blast St. Louis delrfery. spot and De
cembrr, offered tit $8 00. At London:
Copper, spot, 112; futures. 11, Tin,
spot, t"250; futures, 213. Lead, spot,
40 10s; futures, ! ina. Spelter,
57; futures, 52.
COFFEE.
MOW YORK, Dec 31 Closing prices:
Today. Previous.
May U.714116.TI It.lt0U.7O
.lime 16.2lKul5.i5 15.004115 05
Itlly 15.706(15.73 lt.lO01l.tl
rVngust lf.lt0l8.Tt 15.404. 1;, 45
Setitember 15 56(0 16.60 15.304(15.33
October 15 45SM5.50 15 251(15.35
November 15 :i.'.( 15,10 15.25 15.33
December 13 25'i 15.30 15. M 15.35
BANK CLEARINGS.
Clearances.
,S 3.517.122.07
5.671,692.01
7.334,603.25
2.320,157.77
6,844.377 08
. 96.473,319 2!
.' 80,176.990.01
, 738.478.607 58
. 621.083,519.56
Tuesday. Pec. 31
Thus fnr this week .
Previous week
Same time In 1917 ..
Same time In 1916 ..
Total December, 1918
Total December, 1917
Total year 1918
Total year 1917
AGREE TO REDUCTIONS
IN 1919 APPROPRIATIONS
LITTUK Hot 'K, Ark , Dec 31 tSpl )
At conference in GOV. Urnugh's of
fice Monday afternoon, heads of vari
ous institutions ind state departments
agreed to reductions in reuuests fur ap
propriations to make a budget prepared
by the governor come within the an
IU hinted ttliti revenue
Appropriation originally asked by the
various Inst it nitons am? departments
were $4M,4?7 more per year than the
anticipated revenues. The budgets did
not include the educational institutions,
which are on a milluge hasia
BR0UGH REDUCES FINE
OF EXjSENAT0R SIMS
MTTLtt HOt'K, Ark , Pec 31. (Spl.)
Jov. ltmugh today Issued a proclama
tion cutting the fine against former
Senator S. t. Sims, of Haiten. convict
ed bribe taker, to $1,300, the reduction
being eonttngeut Upon Sims paying
costs totaling $1,70(1 which fcccruod dur
ing hia trial. Sim's original penalty
was one year Imprisonment and a fine
of $1,S00. He served six nioiit.hs when
the penitentiary aentence was revoked
by pardon.
CAMP PIKE SOLDIER AND
WOMAN DIE IN WRECK
LITTLE ROCK, Ark . Dec. 31. iSpl.l
- IV S llollan. a private stationed at
Camp Pike, and an unidentified woman
companion were killed Instantly late
last night when their automobile skid
ded and fell over u 60-fort viaduct over
the Missouri Pacific railroad tracks
here Hotlan's home was In Little
Rock.
J. T. FARGASON CO,
COTTON FACTORS
115 S. FRONT ST. MEMPHIS, TENN.
m PATTERSON TRANSFER COMPANY J
ESTABLISH E D 1856. . 12 YEARS OF PUBLIC SERVICE,
CARLOAD DISTRIBUTION A SPECIALTY
All Goods Handled Direct From Car to Warehouse
Save Cost of Handling One Way
ROUND THE TICKER
Cotton.
New York Whether this reaction
holds depends on South; any more
hedge selling will cause another break.
Hubbard to Reese.
Xew York Bulls trying to check
market from the general liquidation by
outside holders. Hubbard to Reese.
New York Think msrket purchase
on this decline Owathmey to Foster.
New Orleans Bearish move to use
holiday suspense for attack on mar
ket; spots nrm; futures excessive ac
count; foreign news reassuring; think
purchase declines. Clark to Cotter &
Turner.
New Orleans Liquidation for over
the holiday caused decline yesterday.
May work lower on further liquidation,
but market technically In better shape
respond any favorable circumstances.
Schneider.
New York Belated liquidation, but
good new buying coming in McF.lroy
to Cotter & Turner.
New Orleans Considerable rain is
again falling In the cotton belt. Mill
takings this week were very small, be
ing only 254.000, ugainst 370,000 and
310,000. Shepard & Gluck.
New York Liverpool and New Or
leans selling here. Locals helping to
(Ici-icss; further liquidation on stop or
ders - Delaney to Cotter & Tirrner.
New Orleans--Thc reaction in again
making Itself felt. Sellers are encour
aged by the small mill takings, and
there Is continued liquidation from the
long side over the holiday tomorrow.
The Pacific coast clears 11.066 bales
of cotton for Japan. Total exports this
lay last, year were only 2,701 bales.
Shepard & Gluck.
New York Liverpool has selling or
ders here; think will have further
liquidation, but would commence buying
on scaledown. Delaney to Cotter &
Turner.
New Orleans At least 1,000 bales of
spots have not been sold so far and
1 he market is easier. Some people say
they would he surprised to see prices
mioied a quarter ofr. Shepard &
Cluck.
New York With urgent liquidation
ipparentlr over for time being, mar
ket rallied on local short covering and
enders buying; tone very steady.
Owathmey to Foster.
New Orleans New York wires big
bulls not supporting market. Charles
ton wires hedged cotton and cotton held
for 30 cents all cleaned up In this ter
ritory. Remaining holders are firm for
3.1 cents or hette.r. There Is a goon de
mand for spots with nothing offering.
-Shepard & Gluck.
New York Market rallied on local
covering and buying by Mitchell and
Waters. Jung to Cotter & Turner.
New York Gwathmey and Waters,
buying In early afternoon. HubbSrd'
to IteeBe.
N Grain.
Memphis receipts: Corn 2, oats 6 and
hay 5 cars.
Hog receipts: Chicago, 57,000; Omaha,
'.'5,600; Kansas city, 17,000; Sioux City,
0,000; St Joseph, 16,000; St. Louis, 6,000.
Chicago-Receipts: Wheat, 351,000;
corn, 128,000; oats, 298,000. Shipments:
Wheat, 134,000; corn, 44,000; oats, 224,-
0(10.
St. U.iiis -Receipts: Wheat, 59,000;
orn, 311,000; oats. 72,000, Shipments:
Wheat, 63,000; corn, 36,(ii0; oats. 64,000.
Chicago Colder weather, some re
ceipts and more normal conditions
seem ahead" oats want to break.
King, Funiculi Co. to Reese.
Chicago There Is some talk on the
floor that the attorney-general states
he thinks fixed prices art Illegal and
that the l7Ho hog price Is not a legal
affair.- Tape.
Chicago There has been a lot of
comment on the extreme advance and
some complaint. J. J. Stream wired
vesterday about undue manipulation.
Some locals believe corn has seen Its
top for some time. The December rise
has proceeded 10c more than the trade
seems to expect. Some believe the
coming cold wave will help the coun
try roads. If Kastem corn consumers
hold off during January the markets
should have, a chance to become nat
uralWagner & Co.
LIVE STOCK MARKET.
ST. LOUIS, Dec. 31. Hogs Receipts.
6,000; steady, UkIUs, 16.50if 17.40; iiigs,
llS.OOffllS.04); mixed, H7.25W 17.65; heavy,
ll7.4601T.tO; bulk. I17.25irl7.50.
Cattle Receipts, 6,000; strong; na
tive steers, $11,50118. 50; yearlings and
heifers, 9.5011l6.0S cows. 7.50( 12.50;
Blockers. l.60!lll.OO; prime Southern
steers. jlo.00fflil8.0O; cows and heifers,
J7 50fflI5.no; calves, $7.7517.60.
Sheep Receipts, 1.800; stromr; lambs,
114 65(1115.00; ewes, J8.00ffl9.00; ennners.
jS.OOffll.OO.
KANSAS CITY. Dec. 31 Hogs Re
ceipts. 17,000; 6c higher: bulk, 17.20
17.60; heavy, 17.00W17.75; lights, 17.00
(,(17.60; pigs, 10.00ffll3.50.
Cattle Receipts. 10.000; no South
erns; strong; prime fed steers. U.OOffl;
20.00; dressed beef steers. 13.00ffll8.00;
Southern steers. 7.O0M 13.00; cows. 7.0(1
Mil oil. heifers, t8.004fM4.50; stockers,
17.60018.00; calves, 1 7. 00014.00,
Ntieep -ueeetpts. s.vvv, siroiiR; ismin,
12.1ui!ii 15.06; yearling. 11.00ffl'12,25:
wethers, 9.50ffl11.25; ewes. tt.0OSj9.5O;
stockers, 6.006M6.50.
M ft-
CHICAGO, Dec, 31 Hogs, receipts,
57 000; 5 to 10c lower; Hulk, JK.41.ffli
17.65; butchers. J17.65fflH8.60: light.
16 90 ft" 17. 80; peeking. 16.85fflU7.65;
choice pigs, t14.5ntrl5.50.
Cattle. receipts 25,000; steady to
higher; beef cattle, choice, 16.00ffl l9.75;
common and medium, 0.76471(1.00;
butcher cov-s and heifers, 8.25ffl14.75;
, aimers. 7.25(0 8.25; choice stockers,
10 75(i 14.00; common, (7.50fflil0.76;
Choice veal calves, J15.50f 16.60.
Sheep receipts 27,000; steady; choice
lambs, (16.00ffll6 .25; medium, 14.75
16 00 culls, U.OOffl 13.25; choice ewes,
10 OOdi 10.60; me-' , S.75ffl'10.00; culls
jS.OO 07.60.
FORT WOK
tie Receipts. 8
Beeves. JS.Illiffl 1 4. Oil.
Dec. 31. Cat -.,,
live and strong.
Hogs Receipts, 1,600; active and
strong. Heavy, 17.2517.40. .
Sheep Receipts, 600; unhanged.
ljimbs. 13.no15
MONEY.
NEW YORK, Dec. 81 Mercantile
paper, IHQM4,
Bterllni t0-4sy hills. 4.73'i; commer
cial 10-day bills on banks, 4.72 ; com
mercial 60-dav bills, 4.72H; demand,
4.76.60: tables, 4.76 55.
Guilders-- Demand 4JV. cables
Mexican dollars, Vt.
Government bonds strong: railroad
bonds Irregular.
Time loans firm. 60 days, 90 days
and six. months, 5mi'SV
SUGAR.
" NEW YORK. Dec 13 Raw sugar,
Steady! centrifugal, 7 28c; fine granu
lated. 9c.
STOCKHOLDERS' MEETING
The Central-State National
Bank.
Memphis, Tenn., Dec. IS. 1918.
The annual meeting of the stock
holders of this hank for the election of
directors and for such other business
as may properly come before the meet
ing will be held In the directors' room
of the bank, corner Madison avenue and
Second street, Tuesday, the 14th day of
January, 1919. between the hours of 11
a.m. and l p.m.
R T. CRENSHAW. Cashier.
BOORS AS MIND SAVERS.
Read this extract from a letter re
ceived by the American Library asso
ciation and then send the best books
you own to the public library, to go
to the boys In the hospitals:
"There are two boys In wheeled
chairs, one with both legs gone, the
other but one, who sit most of the day
beside the books, which are so arranged
that they can sit and pull them out
without keeping others nwav , , k,.
said to me the other day. 1 never knew
until now what books could mean in a
man's life, I would have lost my mind
I I could not have had the use of these
books. "
DEPOSITORS' NOTICE.
Union and Planters Bank and i
Trust Co.
Memphis, Tenn., Dec. 31, 1918.
Interest for the past six
months has heen credited on
all savings, accounts entitled
thereto.
FRANK F. HILL, President.
DIVIDEND NOTICE.
Union and Planters Bank and
Trust Co.
Memphis, Tenn.. Dec. 31, 1918.
The directory has this day
declared a dividend of five (5)
per cent out of the earnings of
the bank, payable on demand.
FRANK F. HILtf, President.
Stockholders' Meeting
The Memphis News Scimitar
Company
The annual meeting of the
stockholders of this company
for the election of directors and
for such other business as may
properly come before the meet
ing, will be held at the offices
of the company, corner .padi
son avenue and Third street, in
the city of Memphis, Tenn., at
2:30 p.m. on Monday, Jan. 13,
1919.
BERNARD L. COHN,
Secretary and Treasurer.
DAILY ALMANAC.
Length of day, 9 hours 51 minutes.
Length of night, 14 hours 9 minutes.
Sun rises Wednesday at 7:08.
Sun sets Wednesday at 5:00.
Moon rises Wdneseday at 6:27 a.m.
New moon on Jan. 2.
Morning stars, Jupiter, Saturn.
Evening stars, Venus, Mars.
BIRTHS.
Albert H. ami Mary Cocke. 1160 Cen
tral, Dec. 25; girl.
V. L. and Ruby War math Parker
1719 Vcasey, Dec. 27; boy.
Joseph R. and N'cll Burros Craig,
1394 Madison, Dec. 26; girl.
John N. and Lucile Rast, 2219 Union,
Dec. 24; girl.
Kverett F. and Eva Smith Ureen, 339
Lewis, Dec. 25; girl.
Gilbert and Pearl Hilmon Fisher,
Pltltn street, Dec. 23: gir.
MARRIAGE LICENSES.
Emma Beatrice Barnes to Charles
Aubrey Below, Midget Hill to William
Owens, Bethel Metcalf tu Alfred I), Ha
ker. Ixirraino Arnold to Walter M. At
kins, Bessie Shay Vlck to John (1.
Hell. Agnes It. lrby to Frank Reeder,
Kathryn Frances Ryan to George Al
bert Russell, Jr., Chrlsta Henson to A.
A. Crumpler, Jeanette Myers to Sey
mon Pelts.
Ethel Davis to Ij. A. Saunders, Mat
tic Hartson to Earl Nason, Ethel Da
vis to Jesse Key, Cornelius Sims to
Edward Law, Daisy Maple to Latham
Payne, return March to I.oromer Sim
mons. Annie Belle Dukes to Whit Cun
ningham, Essie Lynch to Phillip Night
ingale, Cora Phillips to Ranee Williams,
Roxle Newble to James Burton, Callie
Thompson to Joe Brown, Alberta Da
vis to Vernon Williams, Maggie Her
ron to Frank Mason, Elnora Woods to
C. 41. BoMen, Ora Lee Hope to Madi
son Matlock, Mary Lucas to James
Thompson, Hattie Williams to Alex
Wallace, Ella Belle Jones to Fred W.
Owens, Georgia Wylie p Jessie Jones,
Ruby Schy to JeaOtoas Blackburn,
Julia Towell to Brlnkley Moore, Celia
Thomas to Hubert Fleece. Fannie Ham
monds to Charlie Burnett. Annie An
thony to Will S. Williams, Johnnie
Woods to Sidney H Murray.
DEATHS.
Miss Fannie O. Smith, 64. Home for
Incurables, Dec. 30; tabes dorsalls.
Mrs, Mary Emma Bennett, 51, 957
saxon, pee. is cancer.
Mrs. Nora Kelly. S6, 758 Chelsea, Dec.
2S: nrterlo sclerosis, nephritis.
Mrs. Uta Maxey, 20, Tuberculosis
hospital, Dec. 29; pulmonary tubercu
losis. Dr. William C. Lindsey. 55, Baptist
hospital, Dec. 30; cmpyemla of gall
Manner, uremia.
Mary Pace Clark, 25, Tuberculosi
hospital, Dec. 27; pulmonary tubercu
losis.
Mose Foster. 64. 1300 Jackson, Dee.
26: cause death not Known, no phy
sician. John Holmes, 39, General hospital,
Dec. 2p; broncho-pneumonia, influenna.
Oscar Williams. 50, General hospital,
Dec. 28: general peritonitis from gun
shot wound. .
llolman Pulliam, 22. Cenerfil hospl
tar, Dec. 27; wound in intestine.
Ella Bradley. 86. rear 401 Pontotoc,
Dec, 23; chronic nephritis.
Augustus Mason, 2 months. General
hospital, Dec, 2: congenital syphilis.
Lula Barnes, 40, Kittrell's Infirmary.
Dec. 27: aortic regurgitation, Influenta
ANNOUNCEMENTS
rF ATHS
HACKETT In this cltv, Mondiy
afternoon. Dec SO, 1918. at 5:10 o'clock,
Hannah, mother of W ,1 Kackstt, J.
O. Norton and Mrs W H. McCarthy,
and grandmother of Dorothy Hackctt.
Funeral will take place from resi
dence. No. 280 Walker avenue. Due no
tice of tlms lstcr. .
Psrls (III.), papers please copy.
TRUSTEE'S SALE.
Notice Is hereby given that under
snd bv virtue of the provisions of a
certain trust oV"d date' "V i4-
,,f February. 1915, and executed by T.
C. McQulston. 11 1 . ircnimum :. . n.
F McQuistne and wife, recorded In
book 616, Page 63. In the 1 register's
office of Shelby county. Tennessee,
which satd trust deed secures the pay
ment of the sum of (12.779.96, default
lisvlug been made In the payment of
said indebtedness secured by said trust
LEGAL NOTICES
TRUSTEE SALE
deed, the holders of said Indebtedness
have requested me. the undersigned,
substituted trustee, to sell said prop
erty to pay the said indebtedness. I
will, on
. JANTARY 16. 1919.
at 11 o'clock a.m., in front of the
Roaemark telephone exchange. In the
town of Rosemark, 'county of Shelby
and state of Tennessee, sell ftlpublic
outcry to the highest -bidder for cash
the following described property it
Shelby county, state of Tennessee, to
wit: In the First civil district of said
county: Beginning at T. C. McQuls
ton's southwest corner: thence south
four degrees thirty minutes west 19.50
chains south to a stake with red oak
pointer. J. C. Castles' northwest cor
ner; thence east with Castles' north
line 72'j poles to a stake: thence north
19.50 chains to a stake on McQuiston's
south boundary line; thence west with
said line 724 poles to the beginning,
containing thirty-five (35) acres, more
or less, being the same land bought
by J. G. and Ella Townsend from W.
II. Hutchison by deed recorded in book
260, page 177. to which reference Is
hereby made for a full description, and
being the lund now owned by H. C. 4,
Lcntmann.
Also In the First civil district of
said cnunty: Regimjing at a stake 16
poles and 8 links east of the north
west corner of thu Walker Gregg tract,
being what was formerly James Ogles
by's corner, said trait recently sold
by S. G. Miller to J. W. Gladden and
by Gladden to J. C. Castles and by
Castles to Miss Mary McQuiston; thence
east with said line of Miller tract 72
poles and 14 "4 links to a stake; thence
south 54 poles to a stake in the field;
thence west 77 poles and 14V4 links to
Geo. Smith's southeast corner; thence
north along Smith's east line 46 poles
and 4',(, links to a stake. Smith's north
east corner; thence east 6 poles to
a stake; thence north 7 poles
and 20'fc links to the beginning, con
taining 26 iA acres, more or less, less
17 acres sbld to S. B. Moffatt, and
recorded In book 380, page 618, of the
records of Shelby county. TenUessee,
and one-third of an acre sold to Grade
May Wilkins and recorded In book 530,
page 249. and a lot 50x160 feet In the
northwest corner, on which the Rose
mark telephone exchange is located,
and being the land owned by H. F.
McOuiston; subject to a lien of $2,000.
Also In the rlrst civil district of
said county: The north half of lot
No. 19, more particularly described as
follows: Beginning at a stake In the
west side of Spalght road: thence west
10 degrees north 77 links to a white
oak marked (I; thence north 85 degrees
west 46 chains and 33 links to a stake
20 links east of an ash marked G;
thence south 4 degrees 30 minutes
west 19.50 chains to a stake; thence
north 85 degrees east lo a stake In
the west line of Spalght road; thence"
north 4 degrees 30 minutes east 19 50
etiains to the beginning containing Ki.b
acres, more or less, ana being the land
owned by T. C. McQulston, on which
land there is a prior trust deed, filed
Feb. 17, 1914, In book 567, page 123,
of the records of Shelby county, Ten
nessee, in favor of the Columbia Mort
gage and Trust company to secure a
loan of $2,400 due Feb. 4, 1919, and
interest due semi-annually.
Title to the above described land is
believed to be good, but I will sell and
convey as trustee only.
B. It. MILLER,
Substituted Trustee.
H. R. Royd, attorney.
Memphis, Tenn.. Iec. 24, 1918.
TRUSTEES' SALE.
Default having been made In the
payment of the debts and obligations
secured to be paid in a certain deed
of trust. executed the 28th dav of
March, 1914. by D. W. sVlds and wife.
M. B. Fields, to tne undersigned as
trustee, as same appears of record in
the office of the register or Shelby
county. Tennessee, in book 544. page
293, and the owner of the debt se
cured having requested the undersigned
to advertise and sell the property se
cured by said deed of trust, this is
to give notice that we will, on
THURSDAY, JANUARY 2, 1919,
commencing at 12 o'clock noon, at the
southwest corner of the courthouse,
Memphis, Shelby county, Tennessee,
and at. the Adams avenue entrance
thereof, proceed to sell at public outcry
to the highest and best bidder for cash
the following described propertv, to
wlt: Situated in Shelby county, Tennessee,
as follows-:
Part of lots Nos. 59 and 60 of the
Kerr tract, as per plat of record in
book 7, page 387, of the register's office
of Shelby county, Tennessee: Beginning
in the center of the Horn Lake road
ten hundred, fifty-three and one-half
! 1,0531,5,1 feet south of the Speedway;
thence south along said road three hun
dred, twenty-seven and one-half (327)
f'et; thence east six hundred, sixty
(660) feet to Florida avenue; thence
north with I he west side of Bald ave
nue three hundred, twentv-seven and
one-half (3274) feet: thence west six
hundred, sixty (660) feet to Horn Lake
road, ihe point of beginning; also
Beginnine at a point in the east
line ot Honda avenue ten hundred.
fifty-three and one-half (l.iir.S1) feet
siiiun or tne cpeeciway : thence south
with said avenue three hundred, twenty-seven
and one-half (S27U) feet;
thence east ninety and one-half (SOU)
feet to the east line of original lot No
59; thence north with said line three
hundred, twenty-seven and one-half
(32, i;) feet: thence west ninety and
one-half CJOVii) feet to the point of be
ginning.
All right and canity of redemption
homestead and dower waived in said
deed of trust, anil the title is believed
to be good but we will sell and convey
oniy as trustees.
S. J. SHETHERD,
JNO. C. ADAMS.
Trustees.
George Harsh, attorney.
This Dec. 1 0. 1918.
TRUSTEE'S SALE.
Default having been made In the pay
ment of the Sehts and obligations se
cured to be paid In a certain deed of
trust, executed tne loth dav of Mav
1916.' by J. A. Maxwell (unmarried) to
tne unaersignea ns trustee, as same an
fiears of record In the office of the ree
nter of ghelhv county. Tennessee. In
Book 66.8 page 177. and the owner of
the debt secured having requested the
undersigned to advertise and sell the
property securer! Dy said deed of trus
sll of said Indebtedness having matured
by default in the payment of a part
thereof, this is to gtve notice that we
will, on
THURSDAY, JANUARY 16. 1919.
compienclng at 12 o'ciook noon, at tho
southwest corner tr the courthouse,
Memphis. Shelby county. Tennessee.
and at the Adams avenue entrance
thereof. Dl'OCeed to sell at nub c out
cry to the highest and best bidder for
cusn. tne iouowtng aescrioea property,
to-wit:
Situated in Shelby county. Tennes
see, as follows:
Lot No sixteen (16) as shown on the
plat of Magnolia Terrace subdivision
and described bv metes and honndo a
follows: Beginning at a point In the
north line of McLemore avenda, two
hundred ninety (290) feet east of the
east line or Koutn winett street and
running thence east with the sa:d north
line of McLemore avenue forty (40)
feet; thence north and parallel with
South Wlllett street one hundred thirty-seven
(137) feet to an allev: thence
West with the south line of said allev
sioriy urn teei . induce souin ami parai
lei with Moutn winett street one hun
died thirty-seven (137) feet to point of
Beginning,
All right and rmiltv of redemption
homestead and dower waived In said
deed 01 trust, and the title is believed
to be good, but we will sell and convey
01 ly as trustee
BANK OF COMMERCE TRUST CO
Trustee
Bv S. 3, SHEPHERD. Trust Officer
This December 11. 1918
TRUSTEES' SALE.
Notice is hereby given that under
and hy virtue 01 the provisions of
lertain trust deed dated the 17th day
of March. 191 1. and executed hy H. F.
McQulston, T, C McQuiston and H. C
ITchtmann, recorded In Hook 169. page
3S4. of the iteoords ,.r shclhy county
Tennessee, the tndebtemiess secured bv
said trust deed not having been paid
w nen it was oue, aim having neen re
quested to sell the property therein con
Veyed to pay the tndentednss due
thereon, and at the request of the own
ers and holders of said indebtedness,
I will, on
JANUARY 16. 1919.
st 12 o'clock noon In front of the Rose
mark Telephone Exchange, tn the town
of Rosemark, Ccunty of Bhelhy anj
state of Tennessee, eei .th" foliowln ;
described property to the highest bid
der for cash, situated tn the County
of Shelby snd State of Tennessee, to
wit: 1 brown mare mule n years old 15
blinds high, named ReTK.
1 black horse mule 5 years old U.
hands high, named Tom.
1 black horse mule 6 years old It
hands high, named Jack.
LEGAL NCm.
TRUSTEE SALE
1 black horse mule "years ;o!d 1
bands high, named Billy. .
1 brown horse mule 3 years old M i
hands high, named Pick.
1 black mare 11 years old 15 hand'
high, named Vick.
1 brown mare 15 years old lo hands
high, named Belle.
1 bay mare 6 years old 16 hands ntgn.
named Nelle . lm
1 bav mare 11 years old 15 hands
Ihigh. named Trebing.
1 black horse miip m years oiu i
hands high, named Black Boy.
1 sorrel horse 7 years old 15 hands
high, named Jim
1 bay mare mule 10 years old 15 hands
high, named Mike.
1 gray Percheron mare 3. years old
15 hands high, nainei? r.olton.
1 grav Percheron mare 2 .'ears old
15 hands high, named Rosemark.
I hay mare 7 years old 15 hands high,
namod Lady
1 sorrel mare 10 years old 154 bands
high, named Pora.
1 bay mare 10 years old 15 hands
high, named Laura.
1 bav mare 3 years old 144 hands
high, named Palsy.
Ami :,io throe cows and seven
heifers now on the premisVs. of the
gran tors.
rrU Illlo tn Ilia UAM OPC TI P'1 I
property Is believed to be good, but I
will sell and convey as Trustee only.
B R MILLER.
H. P. HUGHEY, Trustees
H. R. BOYP. Attorney.
Memphis. Tenn.. Pec. 54, 191'.
NOTICES TO BIDDERS.
NOTICE TO BIDDERS.
Office cf the Board of Commissioners.
Memphis. T'"nn . Pec. 30. 1918.
Sealed proposals will be received at .
the" office of the city clerk of Mem-
phis, Tenn.. until 12 o'clock noon Tues
day. Jan. 7. 1919, for furnishing the en
gineering department with the follow
ing equipment:
One asphalt plant as per specifica
tions on file in the city engineer's of
fice. Each and every proposal must be ac
companied bv certified checks for $'"50
on some solvent bank and made paya
ble to the order of the city of Mem
phis, said checks to be returned to the
unsuccessful bidder or bidders on the
awarding of the contract and will bo
returned to the successful bidder or
bidders when the required bond for the
faithful performance of contract is
made.
When one firm bids on more than -
nrm (.-no r mnlro r.f T.lr,f nnlv nr
r or -
ft;
check for $J.,o need he inclosed.
An approved surety bond will be
quired or tne successiui niouer in
sum ot the contract within ten
after the award of said contract.
Bids will lay open for comparison
and consideration for one week after
having been publicly opened and read
before awarding the contract.
The right is reserved to reject any
or all bids.
By order of the board of commis
sioners of the city of Memphis.
r. 1.. MOXTr. VKiy K, Mayor.
Attest: C. C. PASHBV. City Clerk.
NOTICE.
NOTICE.
0
Second Annual Sale of Reve
nue Notes.
Notice Is hereby given that sealed
bids will be received bv C. C. Pashb1',
City Clerk of Memphis, at the Cltv Hall
In- Memphis, Tenn., until 2:30 o'clock
, Tuesday, January 7th. 1919 for
Seven Hundred Fifty Thousand ($750,
000.001 Dollars of Revenue Notes of the
City of Memphis. Tenn., series of 1919.
These notes are to tie Issued under
and in pursuance of the cnarter amend
ment known as Chapter 487 of the Pri
vate Acts of 'lennessee In 1917 and
further In pursuance of an ordinance tn
he passed on third ann final reading
on said January 7th, 1919 prior to open
ing of sealed bids hereunder.
I hese notes will hear date of Janu
ary 1st. 1919 and will mature September
1st. 1919 without option of nr dr nav-
ment by the City of Memphis.
Ihe rate of Interest will he five (5)
per centum tier annum and the Interest
will he evidenced py one coupon for
two months' interest due on March 1st.
1919 and one for six months interest
due September 1st. 1919.
these notes will he in the denomina
tion of One Thousand (1,000.041 Dol
lars each and will be numbered con
secutively from number one to number
seven hundred fifty, hotb Inclusive.
These notes will be payable both as
to principal and Interest in lawful
money of the United Mtaf.es' at ' ftio
t nlted Mates Mortgage and Trust Com
pany In the City and State of New
York or at the Cltv lla.Il in Memnhls.
Tenn., at the option of the holder.
These, notes shall not. he sold for
less than par plus accrued Interest tn
date of delivery, free from all com
missions and brokerage: provided how
ever, that should it be necessary a bid
as low as ninety-nine ($99,001 dollars on
the one hundred ($100,001 dollars of face
value plus accrued Interest to date of
delivery and free from commissions
and hrokerage, may be accepted by a
four-fifths vote of the Board of Com
missioners. In the preparation and sale of these
notes the legal steps nave been taken
under the direction of .Tno. C. Thomp
son, Attorney at Law. 120 Broadway,
iew 101K city. 111s run and tinai an
proving opinion that these notes who
01a and delivered pursuant to th
terms of aforesaid legislation will "con
n-"
StltUte valid and legally Mnding obli
gations of said City of Memphis, Ten
nessee will be furnished by the City
of Memphis together with Treasurer's
receipt for proceeds or sale, certificate
attested by the Bank of Commerce and
Trust Company, Memphis, Tenn., and
a full transcript of proceeding by the
Board of Commissioners in passing or
dinance and selling these notes.
I hose notes will he delivered in Mem
phis, In Nev York, or the equivalent
of New York at the option of tho pur
chaser. Payment shtill he made in Mem
phis or New York funds. Delivery "will
be made within forty-eight hours nft :r
sale. Bidder will state point of de
livery desired. In case of New York
delivery, legal opinion wPl be delivered
at same time as notes; otherwise, with
in 4 davs thereafter. A certified check
on some solvent bank or trust com-
panv In the sum of Seven Thousand
Five Hundred ($7,500.0(1) Dollars made
payable to the ordci of the City of
Memphis, shan accompany the proposal,
as good faith deposit.
The approval of the issuance and salo 1
of these notes has heen secured from 1
the Capital Issues Committee and a
certified copy of their opinion will bs
lurnistied to the purcnasers.
The notes will he signed by the Mayor
and the City Clerk and the attached
interest coupons will bear the facsimile
signatures of said oftlcers.
The notes will be Impressed with ihe
seal of the City.
These notes will, under ordinance au
thorizing them, be sold only by sealed
bid at time and place advertised,
Bidders may submit an alternate hid
for delivery at deferred dites; pro
vided that not less than two hundred
of said notes shall he taken and paid
for by January 15th. 1919, and that not
less than 200 additional notes shall bo
taken and paid for every thirty days
thereafter, and provided further that
said bidder shall state in htl bid tho
base rate which the proceeds will cost
the city of Memphis mat comparison
may be had with bids ror spot deliv
ery, fi
The right is reserved to reject an)F
and all bids.
The full faith and credit of the Cltv
of Memphis will he pledged for th
full and prompt payment of the prin
cipal and interest of those noi.es as tho h
same respectively become due and any
legal holder of same will he entitled
to enforce his rights ny legal process.
The proceeds of these notes win be
deposited veuh th- city Treasurer and
will be used' for any and all putposts
for which it Is proper to levy t; xes up
on taxable property of the City of
Memphis, except for payment of prin
cipal and Interest on the bonded debt
of the City, but the purchaser will not
be required to see lo such application
and the receipt of me said treasurer
shall be a full acquittance to such put -chaser.
For further Information apply to the
undersigned.
Done at Memphis, Tennessee, this
19th dav of December. 1918.
F. Li. MONTKVKRDE, Mayor.
Attest: c. i'. PASHBY. City Clerk.
NOTICE TO BONDHOLDERS
OF THE MFRCER COAL
COMPANY.
Public notice is hereby given that
Binds Nos. Seventeen 17). Eighteen
,1, and Eighty-seven (S7i of the Mer
ber'Ooal Company will lie paid on pres
entation at the Bank of Commerce and
Trust Company on February 1, 1919
from and after which date intcreit
thereon w-IIl ceae
MERCER COAL COMPANY.
Bv It L BROWN, President
BANK OF COMMERCE TRUST CO,
Trustee.
By S. J SHEPHERD. Trust Officer.
This December 20. 1918.
I