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22 FACT AND GOSSIP IN BUSINESS WORLD By B, C. FORBES. NEW YORK. May 3 The head of an Important stock exchange firm said to me the other day In answer to a suggestion that he should do a certain thing: ■I would gladly do it. but ft might [ be construed as an act of antagonism toward the money power "I thought you were dependent upon no | one. that you ran your business on your | own capital?” I replied "That's true We have money . enough to carry on our affairs, but ©• "asionally when we are carrying Is o amounts of stocks for customers we find It convenient to borrow tem porarily But even were this not so I could not afford to do anything ■ gainst the powers that be. You ought to know that i "So there Is a money power. J queried He looked at me quizzically "You did not come down to the ■treet for the first time yesterday. Therefore I need not replt to that question " "Kind of humiliating position for a man of your standing to be in.” I ventured "But what can >ou do about if ' he asked Then he changed the subject • • • Rome tlm“ l( . an art'cle appeared In this tolumr, on :!■■ text that there t- not a n.onet trust, but that there is a nmne? power A publ her of works on finance a week or two later wit •■ discussing the contents of this column from da> to da' “Os 'ourse 1 took it for granted that wha' . , wrote about there being a rnone?. p"" ’ "inspire d. he ■ Inspired’ ■ I asked, puzzled whom f ’h- *'■ lour people. Im r« plied Hid was the very first innuendo I had ever heard that anything appearing in this column was "inspired. Ihe as persion was rathet humiliating. e-pe<ial ' as it came from a responsible source I had Imagined that these simple comments en economic matters were at least Straightforward. that they rang true, that the' breathed s.mtrelt ami that they bore no earmarks of having been ma chine-made. out to nicer ami according to samples s tpplied * * Lest some others harbor similar Ideas, muj I he allowed here and now to pat “your people” the compliment of an as eurance that never tn even the remotest, the most roundabout or any other wat have they sought to influence by one hair's breadth a single word here writ ten Common Justice demands sm-h a tribute II Is a tribute that could not with equal honest' be paid by writers on ' every paper in New York city When, however, such tolerance, sm-h broadmind edness is shown, is It not rather galling to have sinister motives Imputed to one's employers? • • • When, therefore, the vu-w Is here ex pressed that there Is a money power it means that such a view is conscientious ly believed to be founded on fact The Interview reproduced in the first para graph is not drawn from Imagination Nor were the statements made l»\ an avowal enemy of the mono power. They are statements such as an} banker or ‘ broker of note in New York city could make were he to speak his mind indeed, similar remarks are as common ns (’ur- i reney in Wall Street. Since the proposal to investigate conditions came up quite a number of financial people have expressed , their cordial (though seen’) approval The yoke has become irksome Rather, the consciousness that an offending step might bring disastrous reprisals is grow ing more bittet and unbearable • • • Bankers not hand in gl oc with the i money power are yearning to be able t<- call their souls their own The.' fond I.’ hope that something will be done 10 re Store to them that sense of st uni} manli- Dess which is every man's birthright. • • • Their hopes, however, are not gener ousb blended with confidence The} can not p-e<iribe a sure reined} The s\s Tern is s * subtle, so intangible, so word less and wireless, so much a thing “felt’ in the atmosphere. a spirit rather than .» i. body, a consciousne rather tian a . thing of fle.-'i and blood How can you grin such an offender againsi fra. pla\ .' There is nothing to put the finger ipon. nothing to p<»n tw and declare “This is the motif' power It is u thout form, yet fat ft ■ n bring void Invisible a the vind. it i- a- powerful, on occasion a. flighting • • • Merely because < thing ts Invisible must Its ex.stence be denied'’ We an not net the air we breathe • • • Messrs Intermjcr and Farr. tr are promised the widest possible scope in < on ducting their Investigation They should : be able to unearth mm' ~f interest, al though the air', unwritten ways of the money jstwet will be hard to i>,.i! to the counter The revolt against financial everlordism has not vet become open and ■vowed, but circumstance may M shape themselves that a Strong lead will be taken in throwing off the yoke Let Wall Street rise up in arms, let there be con certed action under inspiring leadership ■nd the money power ma' fall, as .ill ty rants fall sooner or later yt the mo ment deliverance is not within sight, but the investigations may beget the neces- . ■ary courage COTTON MARKET OPINIONS Hayden. Stone ,<■ Co. It Is still a weather proposition. Logan & Bryan: Prices are not un reasonably higl Pell #1 Co, Cotton may be bought on any decline J S. Bache & Co We feel that a fur ther break is not likely, and advise the purchase of ’he distant positions on any further decline Stemberger Smn Co We think a further rally should take place. ESTABLISHED 1861 The Lowry National Bank OF ATLANTA, GA. CAPITAL - $1,000,000 SURPLUS - 1,000.000 Designated Depository of the United States, County of Fulton, City of Atlanta. INTEREST PAID ON SAVINGS COTTON UMS ON BEAR SALES Reports of Favorable Weather Cause Realizing and Aggres sive Selling at Close. NEW YORK. May 3 The cotton inar ; ket opened steady today, first prices un changed to 1 points lower. There was little activity owing to the continued un settled weather over the belt and the fail ure of forecasted heavy rains to rnate | rializ ■ After the call traders offered cot |ton rather freely. The ring crowd selling and a trio of the ! big operators were hammering the rnar • ket in the late forenoon and were suc l • essful in forcing sharp declines all along the line At 2 p in. prices ranged 9to 16 I points below the previous close. The visible supply of American de <ro.nse<| 211.86? bales, against a decrease ' 170.640 last year and a decrease of 156,- ' 15:» the >ear before Other kinds de i < re;»scd 1:5,000. against an increase of 8.- ■ ' H >O last year and an Increase of 8,000 the pear before The total visible supply de creased 236.827. against a decrease of 162.640 last year and 147,159 the year be fore. As on Thursday there was an advance In the last hour <»n short covering which tarried ogices 5 to 7 points above the low levels, leaving the dose steady 10 to 15 points lower than last night. visible supply: 1 £1 2 I 1911 ! i910~; American .. 3,233.997, 2,336,724 2,181,197 other kinds 1.195,000 1,185.000 1.192.000 Io all kinds 4.928.997 3.521.724 3.473.197 World ■ spin nei b ta kings. 1912 19U I'«.r the week 315.000 225,000 ” 238,000 Since • c I 0,812,000 9.687.000 s.xii.oen Movement into sight: jj 12 ~ J 911 ; 1910 O’rland. wk 18,150 ' 7.287: ‘ 9.201 Since Sept. I 883.981 861.958' 718,733 Into s t . w k 1 12.580 54.914 83.316 Since Sept. I 14,745.677 11,241,560 9,619.570 So ronsump 40.000 37,000 42,000 tenor movement: L9U mi 19iO Ret eipts 54.044 35,257 28,789 Shipments 84.517 70,257) 52,501 Stocks 306.402 296 3111 345.402 RANGE JN NEW YQRK~>UTUREB. »«. » ? ig 1 ~ I 0 Be ‘5 [O|X |>J Jen] O C.O Muy Of,: 10. g&ii0.92[10.91 ? 93 11 0«-07 June l#.#B-95 11.06*08 luly 11 13 11.1710.9 k 1t.03:i1.03-04ni. 16-18 Aug 11.19 11.20 I 1.05:11.0511 06-07:1 1.19-20 b'l'i 11.05 11.00 11 00 11 0.3-05.11.14-15 '><■l 11.23 II 25 11.05 1 1.13 11 12-13 11.23-24 No' II 23 II 21 11.23 11.23 11 13-15 1124 26 l"'< 11.31 II .'ls 11.15 11.22 11.22-23 1 1.32-34 bin 11.24 11.28 II 12 11.16 11.15-16 11.27-28 C'b I|. 15-18 11.27-29 MCh II 31 IL3« U 20|n.25111.25 [11,86 Closed sfendy. 1 ivcrpoul cables were due 4'4 to 6 points higher Opened quiet at 4 10 4', advance \t 12:15 p m. was very steady at a net advance of 5V4 10 644 points. Spot cotton in good demand at 9 points advance; middling, 6.37; sales, 10.000; | speculation and export, 1.000. including I 9.000 American; imports. 13.000, Including 11.800 American. Tenders new docket 3.00(1 bales; old docket 16.000 Later ca bles reported a decline of 2 points from tho above. The <dose was easy with prices 14 to 1 1 . points shove the previous closing RANGE IN LIVERPOOL FUTURES, Futures opened steady. Range 2 P. M. Close. Close ~ Opening. pre, . 6,14*4 612 6.1014 May- lune 6.14'4-6.17 6.15 6.12 6.10'2 ■ lime .July 6 |f, -6.1714 617 613 612 July-Aug. 617 -6.19 6.18 6.14 6.13 Aug-Sepb 6.16 -6.17 6.16 612 6.11 '4 Sept.-(let. 611 1,-6.10>4 612 60S 6.07 "ct -Nov. 6.08 -6.10 6.09'4 6.05'4 6.04'4 Nov -I>ec. 6.071 t 6.08'4 6.07 604 6.03 Dec.-Jan 6.0714-1; 08 6.08*4 6 02'4 Jon Feb 607 -6.0714 6 07'4 6.03*4 6.02*4 Feb-Meh. '107'4 6n< 6 03'.. Meh -Apr. 6.09 6.OSS 6.05 6.0314 Closed easy HAYWARD < CLARK’S DAILY COTTON LEITER \i:\V "RI.IiANS. May 3 The greatest danger Io the trade now seems to be exaggerated an<l false weather news. Judging front private reports received yes terday afternoon, on which the market was worked up. the whole belt was flooded, whereas In fact there were only scattered showers, mostly In Mississippi, though heavy al some points The map this morning shows partly cloudy to elomly but no rain In western states, and scattered showers in the central belt Indications are for partly cloudy, and probably scattered showers, which In the greater part of the holt are considered beneficial Liverpool barely followed the recovery in our market, spots 9 points higher, sales 10.000 bales. There was more general buying in cur market this morning, based on prospects "f unsettled showery weather, and In anticipation of bearish mill takings in th<- afternoon visible statement. The market, however, depends largely upon support in New York, and as tills did not pppear promptly, prices dropped 12 points on little selling The political sltual.on in liis country is now also more freely men 'oned in discussions of future price pros peets. * crop inspector wires the following in regard to the delta: 'Memphis. Tenn.; Magnolia. Jackson, Grenada to Memphis through Hill section of Mississippi, farming preparations very backward. Verv Utile cotton up .Much land not plowed Soil in poor condition. Grenada to Memphis not more than 60 per cent plowed. As a yr hole, poor start.” ’ifficial rain records name only five points In entire licit as having had a " i'vy rain yesterday , and 'bese are ail tn Ibe same limited area in lhe lower cen tral licit from which we have heard of •heavy rains right along The favorable conditions prevailing in the greater por tion of the belt seem to be overlooked RANGE IN NEW ORLEANS FUTURES. ! ” !"j ’ P 11.46 11 52 11.44 fl.ol :1T44-4611i' 46U8 ■Bine . .11.46-48 11 48-50 litlv 11 58 11 63 11 45 11.55 11.55-56 11 57-58 Vug 11 46111 46 11.40 II 40 1 1.40-42i1l 43 45 S 'J'< ■ 11 33-35 11.37-39 < "t 11 28 11 36 1118 II 27 11 27-28 11.33-34 : x, ' v 11 24-27 1 1.31 -35 l>et 11 32 11 39 11 30 11.30 11 30 31 11 34-35 : lan 11 35 II 40 11 33 1133 1 1.32-33 11 36-37 I I'eb 11 35-38'11.39-42 ■ Hat 11 52 114811171148 11 38 41 U 41-42 Closed .Mead} INTERIOR MOVEMENT. I 1912. | 1911. Houstonl 890 ! 1 OUt ■Memphis. l 1...61 595 '' 1-ouisl 1.259 314 ' nt Ir.catt .... 138 476 Little Rock 91 ! Totar~ ~~ ~~~♦•j'Ss : 27H9~ 'THE ATLANTA GEORGIAN AND NEWS: FRIDAY, MAY 3. 1912. ) NEWS AND GOSSIP Os the Fleecy Staple (From Hayward Clark.) j NEW YORK, May 3. Carpenter. Bag ' got & Co.: Hutton. Waters. Frederick i son and New Orleans brokers were best 1 buyers after the cal! Selling was scat tered Dallas, Texas, wires; “Texas generally cloud} and warm; no rain. Oklahoma generally fair.” Following tare 11 a m bids: May, 10.94: July. 11.07; October, 1115, Decem ber. 11 23; January, 11.1« Estimated receipts Saturday; 1912 1911. New Orleansl,3oo to 1,500 2.965 Galveston .. .2.000 to 3,000 490 NEW ORLEANS, May 3. —Hayward * Clark The weather map is favorable Fal r In the north portion of the belt partly cloudy to cloudy elsewhere, warm everywhere. 38 rain at Memphis. .56 at Jackson. /6 a’ X’icksburg and 60 at Me ridian. Indications are f<?r partly cloudy to cloudy, possibly some scattered show ers Europe sold distant deliveries. Market very nervous. Little outsole business. New York wires. “Quite featureless market Expect good spot demand later. A cable say s continents I purchases were supplied by Anglo-American houses.’’ Fort Smith, Ark., wires: “Settled wra flier with showers predicted past three days have not materialized We have had sunshiny weather instead River rose to 28 feet, but 35 necessary to <ause overflow Nou falling Planting general and not. a day late Acreage not reduced. official records so far show that rain reports on w’hich the market was advanced, were exaggerated. Re ports so fur show that no general rains occurred; only’ isolated showers, heavy at some places. Neu Orleans Times-Democrat Again the market appeared friendless. but around Ihe day’s low levels support de veloped and when the talent learned that the continent was buying actual cotton in the New Orleans market, that export ers were buying May contracts here, and that rain was falling In some sections of the central belt, the aspect of things changed, and the market climbed 22 points higher than the bottom. Os course, bulls immediately exploited their belief that the sharp decline had been brought about by sentiment rather than by’ the facts of the general situation, while bears spent their time explaining that the weather is not nearly so bad as claimed and that progress of a marked character is being made in many sections. Addi tional crevasses are further complicating the situation In the Mississippi valley and many of the reports from sections in Ala ha ma and Georgia, and portions of the west are not establishing fresh confidence in the new crop promise, though good stands are reported by other sections. SPOT COTTON MARKET. Atlanta, nominal; middling 11’4 New York, quiet; middling 11.30. New Orleans, quiet; middling 11 9-16. Liverpool, firm; middling 6.37 d. Savannah, nominal, middling 11’4. Augusta, steady; middling 11%. Mobile, steady; middling 11%. Galveston, quiet; middling 11%. Norfolk, steady, middling 11’4. Wilmington; nominal Little Rock, quiet; middling 11% Charleston, nominal; middling 11’4. Louisville, flrm; middling 11%. Philadelphia, steady , middling 11.55. Boston, quiet; middling i 1.30. Baltimore, nominal; middling 11%. Memphis, steady, middling 11%. St. Louis, .steady; middling 11% Houston, steady; middling 11 11-16. Louisville, firm; middling 11%. PORT RECEIPTS. The following table shows receipts at the ports today compared with the same day last yatr: 1 mi j ml. New (>rlaens . . . ,| 1,618 ' 2,534 Galveston 1.306 1.509 Mobile 167 2.180 Savannah 2,581 1,862 Charleston 710 354 Wilmington .... 82 1.103 Norfolk 1.453 491 Baltimore. 122 370 New York 1 750 Brunswick 1,181 50 Pacific coast. ... 650 Vapouh 220 Total j 9,614 | 11,221 " THE WEATHER - 1 Condition. WASHINGTON. May 3. The weather will he unsettled except for showers to night and Saturda} in the upper lake and western lower lake region, ’he Ohio val ley, the east gulf and Rout hern portion of the South Atlantic s’ateß. In New England and the middle Atlantic states the weather will be fair. General Forecast. Virginia Fair tonight and Saturday’ North Carolina Fair tnnigh’ and Satur da y South Carolina Generally fair tonight and Saturday Georgia Local showers tonight or Sat urday Florida—-Unsettled; showers tonight or Saturday* Alabama —Showers tonight nr Saturday. Mississippi -Showers tonight or Satur day. ATLANTA LIVE STOCK MARKET. (By W. H. White, Jr., of the White Pro vision Company.) Quotations based on actual purchases during the current week- Choice to good steers, 1.000 to 1.200, 5.75 (fiG.OO. good steers, 800 tn 1,000, 5 501/ 5 75. medium to good steers. 700 to 850, 4 75@ 5.50; good to choice beef cows. 800 to 900, 4 to 800, 4 25(g'4 50. good to choice heifers, 750 to 850. medium to good heifers, 650 to 750. The above represent ruling prices of good quality of beef catt’e Inferior grades and dairy types selling lower Mixed common steers, If fat, 700 to 800. 4 00di 4.75. mixed common cows, if fat. 600 to 800. 3.50<u 4 00; mixed common bunches to fair. 600 to 800, 2.50(0 3 25; good butch er bulls, 3 35®3 50 Prime hogs. 160 to 200 average. 7 8 00; good butcher hogs, 140 to 160. 7 50'S 7 75. good butcher pigs, 100 to 140, 7.30(g) 7.50; light pigs. 80 to 100, 6 heavy rough nogs. JOO to 250. Above quotations apply tn corn-fad hogs Mast and peanut fattened hogs, l%c and under Moderate supply of cattle Prices have ranged a shade higher on best grades of ted steers A few loads of mixed short fed cattle were on the yards this week, which sold readily at prevailing quotations, with a few of the best selections an eighth to a quarter higher than prices quoted a week ago. Market generally is considered strong and active Hog receipts about the same as last week. Market steady Yards keep sold right up tn arrival with nothing carried over NEW YORK PRODUCE MARKET. NEW YORK. Max 3. Wheat steady. July $1.16%t?J 1 16%. spot No 2 red $l2O in elevator. $ .22% f. o. b. Corn dull. Nn 2 in elevator nominal, export No. 2 nominal f o. b , steamer nominal. No. 4 nominal <>ats easier; natural white 62%^64 I s. white clipped 64’- (0 66 1 -. Rye steady. No 2 nominal f o b New York Barley quiet; malting c. i. f Buffalo Hay strong, good to prime $1 40 fa 1 70. poor *0 fair 1 a0 Flour easier, soring patents $5 60*7 5.90. straights dears $4 60h5. winter patents 15 90*7 6 10. straights $5.2«5(a 5,50. clears <4 75'a5 Beef quiet, family $16.50*/ 18.50 Pork firm, mess sl9 75*T2l 25. family S2O 25<§ 2L50. easier; city steam 10v, -.710%. Tallow steady, city (in hogsheads) 6 l 3 country (in tierces’ 6576% METAL MARKET. NE*W YORK. May 3 —At the meta’ ex change today trading was Quotations: Copper spet 15 May to June. 15 50 z a 15.62% . July and Au gust. 15.50@15.60. lead 4.10'a 4 17%. tin. 44 SHARP DECLINES INSTOCKPRICES Steel Common and Reading, Most Active Issues, Show Losses in Heavy Market. By CHARLES W. STORM. NEW YORK, May 3.—Rejection of the anthracite operators' tentative peace agreement by the men caused heaviness among the hard coal car-ylng railroads at the opening of the stock market to day Reading, the most Important of the hard coalers, opened at 176. % lower than Thursday's closing, and within a few minutes its net loss had reached one point Lehigh Valles’ was off *s. Canadian f’ae|fi c showed pronounced strength on bullish operations In London, opening at 256V4, a gain of 1L» I'nlted States Steel common lost H. The entire list was heavy. Among the initial declines other than those men tioned were: Amalgamated Copper >i. Baltimore and Ohio *,. Atchison *4. I'nlon Pacific was weak, losing I*6 on vigorous selling. Southern Pacific was unchanged The curb was firm. Americans in laindon held steady, but operations were sluggish. In the late forenoon the tone was heavy, and the prices of May Issues showed losses of 1 point or more from yesterday's close. The trading element on the floor regarded strike developments as a sufficient Inducement for aggressive bear operations. Steel common and Heading were prominent In the down ward movement. American Cotton Oil and American Can were strong, advancing more than % each. There was vigorous selling In the mar ket this afternoon, the market making sharp declines, and for the first time this week there was evidence of speculative liquidation on a heavy scale I’nlon Pa cific was forced down 1 point to 170% and a loss of over 1 point was sustained In Reading, bringing It 3 points under Thursday’s closing. One of the most im portant market factors was the with drawal from the bull position of an ele ment that has been aggressively ad vancing prices since shortly before March 1. Stork quotations; ILast I Clos iPrev STOCKS— (High Low tSaie.l Bid.lCl’sa Amal. Copper.l 84% 82%1 83 82% Am. Ice Sec..l 24 23%l 23%l 23% Am Sug. Ref.: 139 128% 128% 128%: 130 Am. Smelting 87% 84%! 84% 84%! 86% Am Ixtcomo.. 1 44 42% 42% 42%: 44% Am. Car Fdy.J 60% 58*/ z 58%' 58% 60% Am. Cot. Oil .. 57% 55%l 55%' 55%i 55% Am. Woolen ...I ... . I 28 I 28 Anacondal 42% 42% 42%: 42%: 42% Atchison 107 105%%05%:105% 105% A. C. L1140%140%1140% 140 140% B R. T 83%i 83 I 83 : 82%< 83% B. and O(Ill |lO9 109 108%1111% Can. Pacific .. j256%1255%125r>%:255% 255% Corn Products : 16%: 15%l 15%i 15% 16% C. and OI 79%| 78% 78% 78 79% Consol. Gas . . 145%: 143% 1 43% 143 145% Cen. Leather < 26% 25% 25% 25% 26% Colo. F. and J 1 30% 27% 27% 27% 29% Colo. South... ... I 44 44 I', and H 172 170 1170 170 172 Hen. and R. G. i ....! 22% 22% Distil. Secur...l 32% 32%! 32% 31% 32'4 Erie 36% 34% I 35% 85 36% do. pref .. 54% 54% 54% 64% 55 ‘, Gen Electric .1167 167 1167 167% 169 Goldfield Cons.! 4% 4% 4% 4% 4% <l. Western ..I .... 19 19% G. North., nfd.:132% 130% 130% 130% 132% G North. Ore.' 39% 39% 39% 39 40 Int. Harvester 116% 116% 1116% 115% 116% 111 Central ...129% 129 129 128 129% Interboro ■ 18%l 19% do, pref. .. 57% 57 57 ! 56% 57% lowa Central 12% 12% K. C. South.. 25% 25% 25% 25 I 25% K. and T| 28%j 29 do, pref 61% I 61 % L. Valley. . . 169% 167% 167% 166'4 169% L. and N. . . 159%:159% 157% 1.57%T59% Mo. Pacific 42% 40% 41 %! 41 I 42% N. Y. Central 119%!117%|118 1117%i119% Northwest. . . .'42 1142 |142 1141% 142 Nat. Jjead . .] 58 I 67% 57%| 67% 68 N. and W. . . 113% |112% 1112% 112 % 1113 % No. Pacific . . 121 % ! 119%1119%|119 121 ". and W. . .: 39% 39%| 39% 39 i 39% Penn.. . . x 1124 % 123% 1123%' 123 %il 26 Pacific Mail . ...I ....I ....! 32% 33% P. Gas Co. . . 111% : 111% 111%:1O8 1111 P. Steel Car .1 35%| 35 I 35 I 34% I 35% Reading . . . 176%!172% 1172% 1172% 176% Rock Island . 287 a | 27% 27% 27%: 29 do. pfd.. .56 56%l 55%l 55%: 56% ft I. and Steel 24 1 23%! 23% 23 24 do. pfd.. . JBO 80 180 [79 [ 80% S.-Sheffield. .’ 51%i 51%! 51%' 50 I 52 So. Pacific . . 112%!109% 110 i109%1112% So. Railway. .[ 29% 28 [2B ' 28%; 29% do. pfd.. . .} 74% 74%[ 74%l 73% 74% St. Paul. . . 109%1107%|108 .109 109% Tenn. Copper j 44%‘ 43 43 142 44% Texas Pacific ....I ...J 22 24*4 Third Avenue !38 38 138 37% 38% I nion Pacific 172 1168% 169 169% 172% P. S. Rubber 58% 58 [SB 57%! 58% I'tah Copper i 63%j 63 ! 63%| 62%| 63% D. S. Steel. . I 71*4 «!» 69% 69 [ 71% do. pfd.. . . 113%1112%112% 112% ! 112% V. Ghent. .! 62%! 51%l 51% 51% 51% West. I'nlon . 83% 82%‘ 82%! 82%: 83% Wabash... . . 8% 8 8 I 7% 8% do pfd . . . 20%' 20% 20% 20%i 20% West. Elec .76 75 75 74% 76% Wis. Central ...J ....I ... ‘ 54%' 54% W, Marylandl_6l%' 61%: 61% 60% 61 x-Ex-dividend 1% percent. Total sales, 843,400 shares. MINING STOCKS. BOSTON, Maj’ 3.—Opening: East Butte. 13% Superior and Boston. 2%: Shannon. 14. Centennial, 24; Mason Val ley, 12; Hancock, 35%; Trinity. 7%. LOCAL STOCKS AND BONDS. Bld. Askofl Atlanta * West Point R R.. 148 145 American National Bank .... 205 no Atlantic Coal & Ice common. 100 103 Atlantic Coal & Ice pref 98 96 Atlanta Brewing & Ice C 0... 175 Atlanta National Bank .... 326 Central Bank & Trust Corp . •49 ign Exposition Cotton Mills ’6B 165 Fourth National Bank 226 930 Fulton National Bank 120 199 Ga Ry * Elec stamped... . 127 ijg Ga. Ry. & Pow. Co., common 28 31 do. Ist pfd 82 do. 2d pfd 44 46 HiHyer Trust Company 125 730 Lowry National Bank 245 248 Realty Trust Company 108 no Sixth Ward Bank 99% 101 Southern Ice common 72% 74 Third National Bank, new .. 200 21 j Trust Co of Georgia 213 214 Travelers Bank & Trust Co.. 125 126 BONDS. Atlanta Gas Light Ist 6s ... 104% ... Georgia State 4%5. 1915 .... 101 10J Georgia Midland Ist 3s 60 61 Ga Rv * Elec Co ns 101% ... Ga. Ry & Elec, ref 5s 99 99% Atlanta Consolidated 5s 104 ... Atlanta Northern Ry 6a.... 96 Atlanta City 3%5, 1931 91 93 Atlanta City 4%5. IS2I 103 105 Southam Bell 5s 99% U(% POULTRY, BUTTER AND EGGS. NEY\' YORK. May 3 Dressed poultry stead' , turkeys. 13(6 22; chickens. fowls. 11S--JJI7: ducks. geese, 11 '•7 If* Live poultry weak; fowls. 14 (asked’; turkeys. 13 (asked); roosters, in (asked); ducks. 14 (asked); geese, B@9. Butter easier, creamer} specials. 33 (bid); creamery extras. 32’ ? (bid); state dair v , tubs. 25'0'32; process specials. 27’‘» '<i 2S Eggs steady; nearby white fancy. 22 1 - T 23 brown fancy. ?IY7 21’ 5 . extra firsts. 21’2'7 22. firsts. Cheese firmer: white milk specials. '(7’s'4. whole milk fancy. 15’4(615’ ? . kirns, specials. (hid), skims, fine. 10 'ulO 3 ! full skims. 7(08. NAVAL STORES. SAV ANNAH May 3—Turpentine firm at sales. 200; receipts. 747 Rosin firm, receipts. 1.853, water white, $7 07’- 2 - window glass $7 05. N M 1? K. «7. I. S7. H. $7. G. $7. F, $7; E. 66 so. D. $6.60, C. B. A, $6.40. WHEAT GOES UP EDWARD CLOSE Corn Irregular, With May and September Lower and July Higher—Oats Lower. ST. LOUIS CASH QUOTATIONS. Wheat—No. 2 red 119 @l2O Corn 89 @ 82% Oats 571 4 CHICAGO, May 3 Wheat opened high er with prices ranging from % to %c bet ter In the different options. The tone was strong Buying by shorts was a large strengthening factor. Those who sold out yesterday were on the buying side this morning. Early offerings were small. Hrm cables and light Northwestern re ceipts added to the strength Trade was light. Liverpool t-ame % to %d higher, against our tieclines of yesterday. Corn was a shade better. The tone was easy on better weather in the belt and large Argentine shipments. I Oats were up *,c. Trade was very small and features were lacking Provisions were stronger, although hogs were off 5c at the j'ards. Trading was extremely dull. "Wheat closed with a strong tone and with prices showing net gains of % to %c with May the strongest spot. Firm ca bles and bullish reports were the main influences. Corn closed weaker with prices off % to %c in toe > "ious options. Liquida tions by lo ig... > as the main factor. Oats were also weaker. Prices were % to l%c lower at the finish. Market about the same as corn. Provisions showed but little change at the close. The market, was featureless. CHICAGO GRAIN MARKET. Grain quotations: Prev. Open. High. Low. Close. Close. WHEAT— May. 1.14% 1.15% 1.14% 1.14% 1.14% July.. 1.10% 1.11% 1.10% 1.10% 1.10% Sept.. 1 07’, 1.08 1.07% 1.07% 1.07 CORN— May.. 79% 80 79% 79% 79% July... 77% 77% 76% 76% 77% Sept... 75% 75% 74% 74% 75% Dec... 64% 64% 62% 62% 64% OATS— May.. 56% 57% 56% 56% 56% July... 54% 54% 52% 52% 54 Sept... 44Z 44% 43% 43% 44% PORK— May.. 19.00 19.00 18 85 18.85 18 95 July. 19 30 19 40 19 17% 19 17% 19.27% Sept. 19.45 19.55 19.32% 19.32% 19.40 LARD— May. 10.95 10.95 10.85 10.85 10.87% July. 11.05 His 11.05 11 ns 11.07*4 Sept. 11.25 11.35 11.22% 11.22% 11.27% Dec 11.35 RIBS— May. 10 25 10.25 10 25 10 26 in. 22% July. W. 42% m. 47% 10.37% in. 37% 10.40 Sept. 10.62% 10.77% 10.60 10.60 10.65 ARGENTINE SHIPMENTS. This Last I,a st Week. Week Year Wheat . . . .2.392,000 4,496,000 3,288,000 C0rn1,683,000 782,000 CHICAGO CASH QUOTATIONS. CHICAGO, May 3. Wheat, No. 2 red, $1.14%@1.16%; No. 3 red. $1.12@1.14; No. 2 hard winter, $1.15@1.17; No. 3 hard winter, $1.13@1.15; No. 1 northern spring, $1.18'0'1.19; No. 2 northern spring, sl.ls'ti 1.18: No. 3 spring, skll@l.l6. Corn. No. 2, 80%; No. 2 white, 80%@81; No. 3 yellow, 80% @80%; No. 3, 78@78%; No. 8 white, 79%; No. 3 yellow. 78%®79; No. 4, 74@74%; No. 4 white, 77@77%; No. 4 yellow, 75@76%. Oats, No. 2 white, 58@58%; No. 3 white. 57@57%i No. 4 white, 56%@57; Standard, 57%@58. CHICAGO CAR LOTS. Following are receipts for Thursday and estimated receipts for Friday• I Friday. ( Saturday. Wheat 10 r 30 Corn 152 216 Oats : 83 130 Hogs 18.00011,000 LIVERPOOL GRAIN MARKET. Wlieat opened %d to %d lower: at 1:30 p. m. was %d to Id higher Closed %d to %d higher. Corn opened %d to %d Hower: at 1:30 p. m. was %d lower to %d higher. Closed %d to %d lower. NEW YORK COFFEE MARKET. Coffee quotations: I Opening. I Closing. Januaryl3 80® February! Marchl3.Bo® 13 83[13.81® 13.82 Aprill3.Bo® 13.85 13.81 ® 13.83 May 13.45 13.49®13.51 Tunej13.55@13.7013.54@13. 60 Ju1yH3.65@13.75H3.60ffi13.68 Augusttl3.7s@ 13.85 13.74@T3.76 Septemberl3.Bl® 13.83 13.82® 13 83 October. . . . . 113.50@13.84 13.81® 13 S 3 Novemberll3 SO® 13.90[ 13.80® 13.82 December13.814713.83,13.80® 13.81 Closed steady. Sales, 11,000 bagsT COTTON SEED O(L. NEW YORK. May 3. Carpenter. Bag got & Co.: The cotton seed oil market was firm during the early trading, with prices higher on good buying and small offerings. Some of Insiders appeared dis posed to anticipate a reaction on the theory that outsiders had bought at the top. Cotton seed oil quotations; I Opening. 1 Closing 5p0t7.38@7.45 May7.33@7.38 : 7.39®7.40 June7.30@7.34 ' 7.32(8-7.35 Ju1y7.36@7 37 I 7.340 7.36 August 7 43@7.45 I 7 3907.41 September7.44o7.4s 7.4007 42 October 7.4007 41 1 7.3807.40 November 6.8406.88 : 6.7506.77 December . ... 6.6006 85 6.50 0 6.75 Closed easy. Sales. 32,300 barrels? LIVE STOCK MARKET. CHICAGO, May 3.—Hogs—Receipts, 21.000. Market 5c lower. mixed and butchers. $7.25@7.72; good heavv, $7 55® 7.72; rough heavy, $7,250'7.50; light. $7 25 @7 65; pigs, $5.5007.10; bulk. $7 550 7 65 Cattle -Receipts. 2.000. Market strong, beeves. $5.85@9.00; cows and heifers. $2.50 @ 7 80. Stockers and feeders. $4 86 0 6.90; Texans. $6.0007 90. calves. $6.5008.50 Sheep Receipts. 5,000. Market steadv; native and Western, $5.0009 00; lambs? $6.75010.35. HEINZE? SHY OF CASH, COULDN’T BUY WHOLE BLOCK OF COPPER NEW YORK. May 3—At the Ex change Salesrooms in Vesey street 4.000 shares of I’nited Copper common were offered at auction. This stock was brought out several years before the panic of 1907 by F. Augustus Heinze and sold as high as S7B a share. The boom collapsed with the failure of Otto Heinze & Co. Among the bidders was Arthur P. Heinze. The bidding ' started at 62 cents and Heinze finally bid in the en tire block at $1 a share. He tendered a check for $4,000. but the auctioneer declined to accept it, explaining that the rules required a payment of ten per cent in cash Heinze had only $52 in his pockets. The stock was then put in smaller blocks and Heinze bid in 500 shares at $1 a share, and put up the required ten per cent cash. The re mainder was sold at between 99 cents aaid sl.Ol a share. ATLANTA MARKETS EGGS—Fresh country candled, 19020 c BUTTER—Jersey and creamery, tn lite, blocks, 2;%®25c. fresh country. 15@17c per pound DRESSED POULTRY—Drawn, head ■nd feet on. per pound Hens, 17(018c; fries, 25(027c Roosters. °'aloc. Turkey!, ow ing to fatness, 18@20c. LIVE POULTRY" Hens. 40 / 0 , 45c-. roost ers. 25'035c: fries 30^50c: broilers. ducks. 35@T40c: Pekin ducks. 40'0'4 »c; geese, 75*^85c each; turkeys, ow ing to fatness. 15<z’6c. FRUITS AND PRODUCE. FRUIT ANI- VEGETABLES- Lemons, fancy, $4.00(04.50 per gga. Florida oranges. $3.00'0 3.50 per box Bananas, per P°” n d Grape fruit. SS.OO«S> koo pe r rrate Cabbage. 3V 2 c per pound Florida cabbage, 53.50 per rrate. Pea nuts, per pound, fancy Virginia, oE Ce ’ Beans. round green Florida celery, $2.00'02.50 per rrate. Squash, vellow, per six-basket rrates. $1.50/0 2.00 Lettuce, fancy. $2.00'02.50; rbnjre, $1 50(02.00 pet crate. Beets. $3.00(0'3 50 per barrel Cu cumbers, $1 00(0 1.50 per crate English peas, per drum. ?1.50*0 2. New Irish pota toes. per barrel. s6.oo'o' 00- per barrel. Strawberries. per quart. Egg plants. per. $2.00(02.25 per crate Tomatoes, fancy, six-basket crates, $2 50(0'3 00; toln atoes. $i.75(5)2 00. Pineapples, $3.d0(04 00 per crate. Onions, per bushel. Sweet potatoes, p yam, $1 50 aA 3 r ’ er bushel Cranberries. $11.00(0 12 00 per barrel; 50c per gallon. PROVISION MARKET. (Corrected by White Provision Co.) Cornfield bams. 10 to 12 lbs average, lf»C. Cornfield hams. 12 to 14 lbs average 16C. Cornfield skinned hams, 16 to 11 average. 16’ 2 0. 11 picnic hams, 6 F lbs. aver- Cornfield breakfast bacon. 23c. Grocer style bacon (wide or narrow). 17c. Cornfield fresh pork sausage (link or bulk), 25-lb. buckets. 12c. Cornfield frankfurters, 10-lb. buckets, age. 10c. Cornfield bologna sausage, 25-!b. boxes, Pc. Cornfield luncheon hams, 25-lb, boxes, lie. Cornfield spiced jellied meats In 10-lb. dinner pails, 10c. Cornfield smoked link sausage, 25-lb. boxes, 9c. Cornfield smoked link sausage In pickle. 50-lb. cans, $4.25. . Cornfield frankfurters In pickle. 15-lb kits, $1.50 pickled nigs feet. 16-lb kits. Cornfield pure lard (fierce basis), 12%c. Country style pure lard, 60-lb tins only, 12c. Compound lard (tierce basis), 9%c. D. S. extra ribs, Il%c. D. S. rib bellies, "medium average, 12%c. D. S. rib bellies, light average, 12%c. FLOUR AND GRAIN. FLOUR- Postell's Elegant, $7 50; Gloria (self-rising), $6.26; Victory (finest pat ent), $6.50: Faultless, finest. $6.25; Swans down (highest patent), sb.9O; Home Queen (highest patent), $5.75; Puritan (highest patent). $5.75: Sun Rise (half patent), $5.35: Tulip flour, $4.50; White Cloud (highest patent), $5.50; Diadem (highest patent), $5.50: Farm Bell. $5.40; Paragon (highest patent). $5.75: White Lily (highest patent), $5.50; White Daisy, $5.50; Southern Star. $6.35; Sun Beam, $5.35; Ocean Spray (patent), $5.35. CORN-Tennessee—White, red cob, $1.12; cracked, $1.05; yellow. sl.lO. MEAL- Bolted. 12-lb. sacks, 92c: plain, 144-lh sacks, $1.00; 96-lb. sacks. $1.01; 48-lb. sacks. $1 0.1; 24-lb. sacks. $1.05. OATS —Fancy white clipped, 75c; fancy white, 74c; mixed, 69c. COTTON SEED M EAl>-B(ickeye. S2B. COTTON SEED HULLS—Squat* sacks, $lO 00 per ton. FEEDSTUFF. SHORTS—Halliday white, 100-lb. sacks. $1 95; fancy, 75-lh. sacks, $1 90; r. W. f- ■!■ ■■■■■in ■—■■i ■■—mfiiwnn,. - --t---- .. “Used, but Useful” I Articles may be ' turned into money” through the simple alchemy of THE GEORGIAN Want Ads. Results Produced by Using Three-Time Ads. Want Ad Rates 1c a Word ; Both Phones 8000 ; Classified Advertising Dept. j THE ATLANTA GEORGIAN Looking in the Right Place T TOW many thousand pairs AJ- of eyes do you suppose “search” The Georgian Want Columns every day? Georgian want ads cost lit tle but accomplish much. Both Phones 8000 75-lb. sacks. $1.85: Brown, 100-lb. sacks, $1.75; Georgia feed, 75-lb. sacks, $1.80; bran. 75 and 100-lb sacks. $1.70; pure 75- lb. sacks. $1.70; Homcoline, $1.85; Germ meal. Homco. $1 80; sugar beet pulp, 100- Ib. sacks, $1.55; 75-lb sacks, $1.60. CHICKEN FEED—Beef scraps. 100- pound sacks. $3.50; Purina scratch, doz en pound packages. $2.35; Purina pigeon feed, $2.35; Purina baby chick. $2 30: Pu rina chicken chowder. per barrel. $2.35; Purina Chowder. 100-pound sacks, $2.15; Purina scratch. 50-lb. sacks, $2.25; Purina scratch, 100-lb. sacks. $2 lo; Suc cess baby chick. $2.10; Eggs, $2.20; Vic tory baby chick, $2 ? n : victory scratch, 50-lb. sacks. $2.25: Victory scratch, 100- lb sacks. $2.15; Chicken Success baby chick. $2.10; wheat. 2-bushel bags, per bushel, $1.40; Rooster chicken feed, 50-lb. sacks. sl. ovsmrsheil 80c. GROUND FEED—Purina feed. 175-ib. sacks. $2.00; Purina molasses feed, $2.06; Monogram, 100-lb sacks, $1.70; Victor? , horse feed, 100-lb. sacks, $200; Milka dairy feed. $1.80: Arab horse feed. 100-lb. r sacks. $2.10: alfalfa molasses meal. $1.75; alfalfa meal. $1.50. SEEDS (Sacked) -German millet $1.55; can seed, amber. $1.65: cane seed, orange. $1.40; Wheat (Tennessee), blue stem. $1.40; rye (Georgia) $135; Applet oats, 85c; red rust proof oats. 72c; Burt oats, 75c; Texas rust proof oats, 70c; win ter grazing. 70c: Oklahoma rust proof. 50c: blue seed oats. 50c HAY Per hunared weight: Timothy, choice large bales, $1.80; Timothy, choice third bales. $1.60: Timothy No. 1, small hales. $1.75; alfalfa hay, choice, $t 65: Timothy No. 2. $1.50; Timothy clover mixed, $1.45; clover hay, $1.50; alfalfa hay. choice, $1.50; alfalfa No. 1, $170; alfalfa No 2, $1.25: peavine hav, $1.20- shucks, 70c; wheat straw, 80c; Bermuda hay. SI.OO. GROCERIES. SUGAR--Per nouns, standard granu lated. 5%c; New York refined. 5%c; plan tation. 6c. COFFEE Roasted (Arbuckle's). $24.25; AAAA. sl4 50 in bulk; In bags and bar rels, $2 10; green. 19c. MISCELLANEOUS—Georgia cane syrup 38c; axle grease, $1.75; soda crackers, 7%c --per pound, lemon crackers, 8c; oyster. 7c’ tomatoes (2 pounds). $2 case; 3 pounds $2 75; navy heans. $3 10; Lima beans, 7%c- Shredded biscuit, $3 60; rolled oats. $4 per case, grits (bags), $2.20: pink salmon. $5.10 per case: pepper, 25c per pound; R E Lee salmon, $7.50; cocoa, 38c; roast beef, $3 80; syrup. 30c per gallon. Sterling ball potash. $3 30 per case: soap. $1 50@4 per case. Rumford baking powder, 12 69 per case. RlCE—Head. 4%@5%c: fancy head, 5% @6%c. according to grade. LARD- Silver leaf. 12%c per pound- Soco, 9%c per pound; Flake IVhtte. 9%c ’j per pound: Coftolene, $7.75 per case: Snowdrift. $6.25 per case. CHEESE Fancy full cream, 22c. SARDINES —Mustard, $3 per case; one quarter oil, $3. SALT -One hundred pounds, 48c: salt brick (plain), per case. $2 25; salt brick medicated), per case, $4 85; salt red rock 100 pounds, $1; 25-lb sacks. 16c. FISH. FlSH—Bream and perch, 6c per pound snaptier. 9c per pound; trout, 10c per J pound; bluefish, 7c per pound; pompano. ■ I 25c per pound; mackerel, 16c per ' | pound; mixed fish, 6c per pound: black ' bass, 10c per pound; mullet, $ll.OO per barrel. Georgia roe shad, 60c each;.buck 1 shad, 30c each; roe Hicks, 20c each; ” Florida roe shad, 35c each; bucks, 75a each; herring, 1c each. CRABS Hard shell. 30@35c per dozen « OYSTERS Per gallon: Plants, $1 50(3 . 1.60. extra selects, $1 4001.50; selects, 1 $1,250)1.40; standard, $l@1.10; reepers, 900 I @I.OO. HARDWARE. PLOWSTOCKS—HaIman, 95e; Fergu son, $1.05. AXLES —$4 7507 per dosen, base. SHOT—S 2 25 per sack. SHOES—Horse, $4 5004.75 per keg. LEAD—Bar, 7%c per pound. NAILS-Wire, $2.65, base. IRON—Per pound. 3c base; Swede t%o.