Newspaper Page Text
17 Beautifully Shaded
Residence Lots
AT AUCTION
Saturday, May 18th, 1912
At 3:30 P. M.
In the Ponce DeLeon Ave. Section
Fronting Angier Road, Barnett Street and
Belgrade Avenue, Near the School
on North Avenue
/ *
THESE LOTS ARE WELLL LOCATED FOR EX-HAXCMENT; THEY ARE
RIGHT IN 'THE PATH OF PROGRESS: in that rapidly growing part of the
city known to all agents and real estate traders as the ‘‘DRUID HILLS-PONCE
DE LEON SECTION.”
THE PHENOMENAL INCREASE IN VALUES in this section is a fact known
to all. IT IS A FACT that lots on Ponce DeLeon avenue (only a short dis
tance from this sub-division) have advanced within the past 5 or 6 years from
less than $20.00 a front foot to SBO.OO a front foot —or from 400 to 500 per cent.
THESE LOIS WILL ADVANCE PROPORTIONALLY, when the streets
surrounding them have been worked out and developed in accordance with the
plans already proposed. It is proposed to Xvork and grade and chert East North
avenue from Kennesaw avenue east with an underpass at the Southern ..rail
wav near Ponce DeLeon Springs. THIS WILL MAKE A GREAT EAST AND
WEST HIGHWAY (free from street cars) running from the great industrial
center along Marietta street by the Tech school and Ponce DeLeon into and
through Druid Hills and from thereto Decatur and East Lake. NORTH AVE
NUE IS ONLY 2W FEET FROM THESE LOTS.
CITY IMPROVEMENTS SURE TO COME at an early date: City water is
passed up (under the bond issue) for Belgrade avenue up to Barnett street.
WATER IS ALREADY ON BARNETT STREET part of the way to these
lots. THE TRUNK SEWER LINES to take care of this section are to be built
THIS SUMMER by the county. NEW SCHOOL ( LOSE KV.
ESPECIALLY DESIRABLE FOR HOMES because of the splendid new North
avenue school located only two blocks away from these lots. This school will
cause all lots conveniently located to become more and more in demand, 'and de
mand makes increase in value. Also, because this general section is one of the
high-class residence communities of Atlanta.
LAND IN THIS NEIGHBORHOOD AND SECTION DIFFICULT TO SE-
CURE. because it is either already in the hands of Land Companies, or is
held by owners who realize its gilt-edged future, and are holding it for even
higher prices;—which are sure to come.
A LOGICAL CONCLUSION —For the above reasons we strongly recommend
the purchase of these lots ,to the home-seeker, the builder and the speculator,
and especially to the small investor, because they will surely quickly increase
in value.
TERMS OF’ SALE —All lots will be sold on terms of 1-4 cash, and the balance
on or before onq. two and three years, with 7 per cent simple interest.
HOW TO GET THERE—Take Ponce DeLeon avenue to Druid Hill cars, get
off at Barnett street, go south two blocks. Or take Highland avenue ears, get
off at Cleburne avenue, and go north about two blocks —both routes are all O. K.
LADIES ARE EXPECTED and especially invited to come.
GET PLATS FROM
Foster & Robson, Agts.
11 Edgewood Avenue
J. W. FERGUSON & SON, Auctioneers
THE ATLANTA GEORGIAN AND NEWS: TUESDAY. MAY 14.1912.
Real Estate Exchange.
Property for Exchange
LOTS in Pensacola. Fla., for equities
or for good automobile.
COTTAGE in Biloxi. Miss. Equity for
vacant lots in or near Atlanta.
LtiTS in Chicago fqr improved prop
erty in Atlanta.
LOTS in Gulfport, Miss., for equities or
vacant lots in Atlanta
EQUITIES in Atlanta for vacant prop
erty.
FARMS in Florida for equities in At
lanta.
JOHN R. SCOTT,
814 Grant Bldg Phone Main 1889
Real Estate For Sale. Real Estate For Sale.
A REAL HOME
ON BEST STREET in West End Nine rooms, two stories; storm sheathed, with
deadening felt. Ijtrge basement, with concrete floor. HOT WATER HEAT
ING SYSTEM
FIRST FLOOR, parlor, dining room, living room, all connect with sliding doors,
butler’s pantry, pantry, kitchen, fruit closet and bed room with large closet;
also lavatory
SECOND FLOOR, three large bed rooms, with large closets; large bath, with medi
cine closets, towel closets,'etc.: also two fine sleeping porches.
FRONT and back stairway, screened •throughout: gas and electricity; bevel plate
glass; fruit trees, grape vines, garage, chicken houses, etc.
TOO MUCH HOUSE for owner. Owner built by day' labor, and Is now living
there Will sell for $6,500; cost and allow no commission TERMS.
Address W. E. H . Box ST, care Georgian 28-11-5
BUILD YOUR HOME
WE BUY ANY LOT IN ATLANTA OR SUBURBS
FOR YOU OR PAY NOTES ON YOUR LOT
AND BUILD YOU A HOME TO SUIT. ON EASY
TERMS LIKE RENT OR CASH. SEE US FOR
EVERYTHING TO BUILD.
ATLANTA CONSTRUCTION CO.
First Floor Austell Building. Phone Main 5534
HOMES ""
ss.non BUNGALOW This Is a pretty six-room home stone foundation, hard
wood floors, on north side. If you want something that is nice and worth the
money, look at this. SSOO cash. Can arrange the balance to suit.
$4,250 Washington street home: seven rooms lot 50 by 200; terms easy; SSOO
cast: and balance to suit. This Is a bargain
s2.soo—Form wait .street; five-room house: lot 45 by 100. that we can sell you like
rent This is close in. Quit paying rent and buy this ,
$8.500 —West Peachtree home; eight rooms; hardwood 'floors; every convenience.
Large level lot with side driveway. Look at this
Martin-Ozburn Realty Co.
Third National Bank Building. Phone Ivy 1276; Atlanta 208.
JOHNSON & young
REAL ESTATK.
215 Peters Bldg. Bell Phone M. 2245.
WE HAVE LISTED for a short time 220 acres of Is.nd twelve, miles from city.
Nothing like it on the market. If you look at this you will be convinced that
it is the best buy north of Atlanta
.11 ST TWO MILES from the city limits we have Just, bad listed 'with us' 148
acres of beautiful land now ready for subdivision with two 50-foot roads
through the tract-and one 30-foot road. Just think, it is only five miles from the
court-house:'car line now in ten minutes’ walk of place Buy this and double
your mtSney in twelve months No inquiry over phone
15 ACRES with beautiful front on Georgia railroad Just below Clarkston, twelve
• iMtles from Atlanta, Eight acres in high state of cultivation balance in beau
tiful grove: stream of.pure water through, this place: also eighteen, acres, 20
acres, six acres and other beautiful tracts in this section that will front on new
car line to Stone Mountain Now if you want one of the preitiest little tracts in
DeKalb county, take a look at this stuff. Prices right, good Terms Better see
this at onee. for it is going to sell
$3,250.00—L0t 100x150 on Prado. Best
value in Ansley Park. Apply owner,
Bell Phone Main 3390.
Plans Designed and Drawn on HOMES BUILT FOR ( ASH
Short Notice at Reasonahk AND ON EASY
Prices. ,| TERMS.
Century Construction Co.
•*
Builders and Architects
202 and 203 Candler Building
Formerly
720 Empire Building.
Ivy 3235.
J. L. BOWLES, Manager
H. H. H. REALTY COMPANY
418 Empire Building.
Telephone Connections: Bell Main 2185: Atlanta 652.
ONE 10-RGOM AND 4-ROOM HORSE ON WEST HARRIS.
$lO 000—ON WEST HARRIS STREET, not a great distance from the streets
where so much real estate has been changing hands recently. The rent
on these will pay fair dividend. We can exchange this for some smaller property.
Remember this is a corner lot.
SIX-ROOM HOUSE AND 6 ACRES OF LAND.
36 000—WE HAVE one of the best propositions for a home and an investment
combined that you had And. Good 6-room house and 6 acres of land that will
sub-divide into at least 30 lots that will sell for S2OO per lot, certain. Has more
than 2,000 feet frontage, on new' street.
HOME SEEKERS
ARE YOU Ir. the market for a home? if so, tt will be to your Interest to confer
with us at once LISTEN- Do you own a lot anywhere in the city or sub
: urbs paid for or half paid for? If so. let us build a house on It to suit, your Ideas
and arrange terms like rent or easier. Houses we build range second to none lb
I point of workmanship, material and beauty. Ask our customers. Plans and
specifications will cost you nothing.
GATE CITY HOME BUILDERS
REAL ESTATE AND BUILDERS
1809 Third National Bank Building. Phone Ivy 3047.
THE WEATHER
Conditions.
WASHINGTON. May 14.—There will be
showers tonight or Wednesday on the
upper lake region, the lower Ohio valley,
and the east gulf states. Over the east
ern district the weather will be generally
fair.
It will be cooler tonight in northern
New England and generally warmer Wed
nesday in the interior.
General Forecast.
Virginia—Fair tonight and Wednesday’;
warmer Wednesday.
North Carolina —Show’ers late tonight
and on Wednesday, excent fair near the
coast; slightly warmer Wednesday
South Carolina—Generally fair tonight
and Wednesday.
Georgia—Generally' fair tonight and
Wednesday.
Florida —Local showers tonight or Wed
nesday.
Alabama and Mississippi—Local show
ers tonight or Wednesday
COTTON.
NEW YORK. May 14. —Lower cables
and a more settled yveather map caused
a decline of 2 to 6 points at the opening
of the cotton market today, although the
tone was steady. Pressure from the beat
side and liquidation from commission
houses also helped depress the list.
Futures in Liverpool were quiet, spot
prices there were easier.
RANGE IN LIVERPOOL. FUTURES.
Futures opened quiet
Opening. Prev.
Range. 2 P. M. Close. Close.
May 6.26 6.27
May-June 6.25 -6.26 6.25 6.26 6.27
June-July 6 26%-6.26 6.25 6.261,, 6.27%
July-Aug. 6.2614-6.26 6.26 6.27% 6.28
Aug.-Sept. 626 -6.2414 6.25 6.26 6.27
Sept.-Oct 6.2114-6.21 6.21 6.23 6.23
Oct.-Nov. 6.19 -6.1814 6.19 6.20% 6.21
Nov.-Dec. 6.18 -6.17% 6.17 6.19 6,19%
Dec.-Jan 6.16% 6.16% 6.18% 6.19
Jan.-Feb. 6.17 -6.16 6.16 6.18% 6.19
Fem.-Mar. 6.17% ... 6.19 6.19%
Mar.-April 6.18 -6.18% 6.17% 6.20 6.20%
Closed firm
PORT RECEIPTS.
The following table shows receipts at
the ports today compared with the same
day last year:
| 1912. | 1911.
New Orleans. . . .I 1.972 I 1.789
Galveston 1,766 , 3,631
Mobile 166 821
Savannah 2.963 1,243
Charleston 118
Wilmington. .... 59 72
Norfolkl 896 632
New York. . . * . . . ■ 116
Boston 130 ; ,2
Totall 8.370 j 8,336
INTERIOR MOVEMENT.
T 1813, | 1911.
Houstonl 1,072 1,160
Augusta 209 ' 65
Memphisl 1,690 285
SI. Louisl 241 ' 1,122
Cincinnati 485 285
Little Rock; .... i 50
Total; 3,697 I 2,967
COTTON MARKET OPINIONS.
NEW YORK. May 14.—Carpenter, Bag
got & Co.: Our crop reports are coming
in rapidly, almost unanimously describing
the situation as distressing, the land bad
ly prepared, no fertilizer, with the grass
growing as fast as the cotton, and the
lowlands in Georgia, Alabama and Mis
sissippi so ‘ watetr-sogged that it will be
in June before they can be planted.
Our senior member. J 'N Carpenter,
from Natchez. Miss., Is in the office for
the flrst time In months, and says con
ditions are about as bad as can be de
scribed and regards the outlook similar
to that of 1906.
Advices from several sources say the
loss in the Mississippi valley alone from
the overflow will be 500,000 to 700,000 bales
because the cotton can not be planted.
The water in the river is at a stand
still, and nearby farms, some of them 30
miles away' from the river, are covered
from 3 to 5 feet in water, and we have no
hesitancy in expressing the belief that
nothing more than a moderate crop can be
raised.
Rains iast night again caused further
delay In many states, and ft will be well
Into June before the lowlands can be
planted. We would hesitate to sell cot
ton at any price with such hazards hang
ing over the market, and we strongly’
favor working to the long side, buying on
any decline.
GRAIN.
ST. LOUIS CASH QUOTATIONS.
Wheat-No. 2 red 128%©124%
Corn 79 © 81
Oats 55%
CHICAGO. May 14. —Wheat opened
steady %c lower this morning, but there
were reactions and declines of % to %c
from these prices under selling pressure
by longs The principal bearish factors
were declines of % to %d at Liverpool,
continued heavy receipts at Winnipeg
and Chicago, although the run In the
Northwest was smaller than a year ago,
but larger than a week ago, and favor
able weather for the crop throughout the
entire country.
Corn was firm and fractionally higher.
Receipts here were heavy, but the corn
was all well taken care of. The May
future. which Is virtually cornered, is at
a standstill.
Oats were fractionally lower at 52% to
53c for July. 43%t0 43% to 43% for Sep
tember. while May was neglected. Good
growing weather for oats and crop re
ports favorable.
In provisions the market was well
maintained with hogs higher at the
yards.
CHICAGO GRAIN . MARKET;
Grain quotations:
Pre.
Open. High. Low Close. Closa.
WHEAT—
May 1.17 1.17% 1.18% 1.17 1.17%
July 1.12 1.13 1.11% 1.12% 1.12%
Sep. 1.06% 1.07% 1.06% 1.07% 1.07%
Dec 1.07% 1.07% 1.06% 1.07% 1.07%
CORN - '
May 80% 80% 79% 80% 80
July 76% 77% 76% 77% 76%
Sep 74% 75% 74% 75% 74%
Dec 63% 63% 63% 63% 68%
OATS—
May 56% 56% 55% 56 56%
July 53 53% 52% 52% 53%
Sep 43% 43% 43% 43% 44%
Dec' 44% 44% 43% 43%
PORK -
M'vtO.2s 19.25 19.26 19.35 19.17%
J’lV 19.37% 19.42% 19.35 10.47% 19.37%
5ep.19.42% 19.6,0 19.47% 19.60 .19,47%
uARD—
M'v 10.72% 10.72% 10 72% 10.72% 10'67%
J’lv 10 80 * 10.92%-10.80 in. 92% 10.47%
Sep 11 00 11.12% 11.00 11.12% 10.97%
RIBS—
M'ylO 42% 10.42% 10.42% 10.42% 10.35
J’lv 10.45 10.55 10.40 10,52% 10.45
Sep. 10.65 10.70 10.60 10.67% 10.60
CHICAGO CASH QUOTATIONS.
CHICAGO. May 14 -Wheat—No. 2 red
$1.1701 18%. No. 3 red $1.1401 17. No. 2
hard winter $1 17%0'1 18%, No 3 hard
« inter $11401.17. No. 1 Northern spring
$1 19© 1.21. No. 2 Northern spring $1,160
1 19, No. 8 spring $1.1001.18.
Corn—No 2 80%. No. 2 white 80%©
81 No 3 yellow 80%©80%. No. 3 76%0
77%’ No. 3 white 77%®78'4, No. 3 yel
low 77%®-75%. No. 4 ,2073. No. 4 white
73%©73%. No. 4 yellow 72074.
Oa's No. 2 white 56%®57% No. 3
white 55%©57. No. 4 white 55056%.
standard 56%057%.
CHICAGO CAR LOTS.
Following are receipts for Tuesday and
estimated receipts for Wednesday:
ITuesday. IWedn'sday
WhSt~777~TT“~! 114 119
Corn 393 226
Oats; 291 245
Hogs 1 12.000 27,nf>n
LIVERPOOL GRAIN MARKET.
Wheat opened %d to %d lower; at 1:30
p. m was %d to %d lower. Closed %d
lower.
Corn opened %d lower; at 1:30 p. m
was Id lower. Closed %d lower.
LIVE STOCK MARKET.
CHICAGO. May 14 —Hogs Receipts.
14,000 Market steady 5c higher; mixed
and butchers. $7.3507.83; good heavy.
$7.70 0 7.87; rough heavy, $7.3507.55; light.
$7.3007.75; pigs, $7.4007.80; bulk, $7.40©
7.80. ’
Cattle—Receipts. 35,000. Market steady;
beeves. $6.0009.20; cows and heifers, $2.00
©7.90; Stockers and feeders. $4.85@6.70;
Texans. $5.80 0 7.50: calves, $6.5008.00.
Sheep—Receipts. 16,000 Market strong,
native and Western. $5.00 0 6 50; lambs.
$6,600 10.00.
Louis B. Magid & Co.
Investment Bankers
1014-1034 Candler Building. AVanla, Phones Ivy 4458-4459
STOCKS.
By CHARLES W. STORM,
NEW YORK. May 14. —A new high rec
ord in Canadian Pacific, was established
at the opening of the stock market to
day when this issue gained 1%. going to
26’, The feature, however. was the
strength shown by the hard coal carrying
railroads This strength was Induced by
a belief in Wall Street circles that the
labor troubles in the anthracite regions
would soon be settled.
Lehigh Valley opened I%c higher at
178%. There was a brisk demand for
Reading, which was up % at 176%.
Substantial advances were made in
many issues at the outset, and a strong
tone was in evidence. Strength in Ameri
can Sugar Refining, which developed
yesterday, was continued in spite of the
fact that the government is taking evi
dence against the company in a dissolu
tion suit filed under the Sherman anti
trust act. American Sugar Refining was
up 1% at the outset with no abatement
of the demand in sight. United States
Steel common pose %. Amalgamated
Copper was up % and Smelting gained L
At the end of fifteen minutes a selling
wave developed, which carried off consid
erable of the Initial gain.
The curb was irregular
Americans in London ruled firm above
New York parity. Canadian Pacific there
was active and strong.
Trading in the alte forenoon was brisk,
many stocks making substantial gains
and. although there was buying on a large
scale., selling also was in heavy volume
and sharp reactions followed the earl?
upturns in a number of issues. Lehigh
Valley and Union Pacific reflected heavy
buying, advancing more than a point each.
Steel common was under pressure, declin
ing %. Many specialties were active and
strong
Stock quotations:
I I I H Pr«v
STOCKS— lOp'n IHighlLow. AM. Cl'aa
Antal Copper.! 83%l 83%' 83%' 83%' 83%
Am Ice Sec...' 26%' 26%l 26 26 26%
Am. Sug. Ref'132%H33%1132% 132% 132
Am. Smelting I 86 i 86 I 85% 85% 85%
Am. Can 12% 42%l 42>% 43% 42%
do, pref . .'120% 120%1120 120 120%
Am. Beet Syg.! 74%l 75 I 74% 75 74%
Am. T. and T ,146 1146 1146 146 145%
Anaconda 43% 43% 42% 43 43%
Atchison 106% 106% 106% 106% 106%
A. C. L 1140% 140%!140% 140% 189%
B. R. T 1 83% 84 1 88% 84 83%
B and 01109% 109% 109% 109% 109%
Can Pacific ...'261 262 '260% 262 259%
Corn Products I 15% 15%: 15% 15% 15%
Consol. Gas .. 144% 144%1144% 144% 143%
Cen. Leather 26% 26%' 26% 26% 36%
Den. and R. G. 20% 20%! 20% 20% 20%
Erie I 35% 35% 35% 35% 35%
Goldfield Cons. 4 I 1 4 4 3%
G. North , pfd.1132,%i133%i132% 133% 133%
G. North. Ore.. 41% 42% 41%'42% 40%
Int. Harvester 116% 116%f116% 116% 116%
111. Central . . 124%'124% 124% 124% 124%
Interboro 20% ! 20% 20% 20% 20%
do. pref . 58% 59% 58% 59% 58%
Lehigh Valley 177% 178% 177% 178% 177
L. and N 159% 159% 159% 1 159% 158%
Mo. Pacific .. 40% 40% 40% 40% 40%
N. Y Central 119% 119% 119% 119% 119%
Na; Lead ... 57 57 57 57 57%
North. Pacific 120% 120% 120% 120% 120%
Pennsylvania 124 124 123% 128% 128%
Pacific Mail .. 32% 33%l 32% 33% 23%
Reading 171% 171%11T1% 171% 176%
Rock Island .. 28% 29 28% 29 28%
do, pref. .. 56% 57% 56% 57% 57%
Rep. I. and S.. 23% 23% 23% 23% 23
do, pref. .. 79% 79%; 79% 79% 79%
So. Pacific .. .1112 112'4'112 112% 112%
Third Avenue ' 41 41 I 41 41 40%
Union Pacific :i 71 %. 171 % 171% ! 71% 171 %
U. S. Rubber . . 59% 59% 59% 59% 58%
Utah Copper 63%l 63% I 63% 68% 68%
U. S. Steel ... 69%l 70%| 69% 79%' 68%
do. pref. .. 111% 111% U1% ; 11 i %'l 11 %
V. D'hem. 52%; 52%l 52%( 52%i 53
West. Union 83% 83%l 83% 83%' 83
Wabash I 9% 9%| 9% 9%| 9
do. pref .. 22% 22%' 21% 21% 21%
W Maryland . 60% 61)%| 60% 60% 60
WEEKLY WEATHER REPORT.
WASHINGTON. D. C.. May 14 Light
to excess precipitation occurred generally
over the cotton region except that no
rain fell in a number of counties in central
Texas and in the Rio Grande valley. The
precipitation was heaviest In southeastern
Louisiana and along the coast of Georgia
and the Carolinas. More than three
inches occurred in parts of Oklahoma,
Texas. Louisiana. Mississippi. Alabama
Georgia and the Carolinas. The greatest
weekly' amount, eight inches, occurred
at New Orleans.
Mean temperatures were from 1 to 7
degrees above normal over eastern and
central portions, and nearly normal to 2
degrees below- over the western portion
of cotton region. The. greatest excess in
mean temperature occurred over north
astern Florida and the greatest detieienc'
over norwestern Louisiana. The weekly
mean temperature ranged from 64 to 80
degrees over the eastern, from 68 to 76
over the central and from 66 to 78 over
western portions of the cotton growing
states.
NEW YORK PRODUCE MARKET.
NEW YORK, May 14.—Wheat steady;
July. $1.1701.17%; spot. No. 2 red! $1.26%
in elevator; $1.26% f o. b. Corn quiet;
nominal; No. 2, In elevator, nominal; ex
port No. 2. 87% f. o. b.; steamer, nomi
nal. f. o. b New York. Barley stead? ,
malting. $1.2501.38 c. 1. f Buffalo. Hay
steady; good to prime, $1.40@1.70; poor
to fair, $1.2501.50. Flour quiet; spring
patents. $5 7006.30. straights, $5.40©5.60.
clears. $4.6005.00: winter patents. $5,900
6.10. straights. $5.3505.60; clears. $4.75
©5.00.
Beef steady; family, $18.00018.50. Pork,
firm; mess. $20.50 021.25; family, $20.25©
21.50. latrd steady; city steam. 10010%:
middle West spot, 11.07011.20. Tallow
steady; city, in hogsheads, 6%, nominal;
country, in tierces, 606%
BUTTER, POULTRY AND EGGS.
NEW YORK. May 14. —Dressed poul
try quiet; turkeys 18%22; chickens 160
28; fowls t1%®16%; ducks 13032; geese
11016. Live poultry, nominal, prices not
settled on
Butter firm; creamery specials 34%@
35; creamery extras 33034; state dairy,
tubs. 240'31%. process specials 27%©28
Eggs steady, nearby white fancy 23©
23%: nearby brown fancy 21%: extra firsts
22 bld; firsts 19020%.
O UPHELD
Being a Commercial as well
as a Savings Bank, our field
covers the broad facilities of
fered by a completely organ
ized financial institution.
We have excellent collection
facilities, adequate loaning
ability and an infinite capacity
for taking pains with custom
ers.
Your business is invited on
the basis of conservative, help
ful service.
AMERICAN
NATIONAL
B AN K
11