Georgia Historic Newspapers

    BUSINESSNEEDS
JUSTABRIICER
Improvement in Crops Would
Aid in Restoring Confidence
to Shaky Leaders.
By B. C. FORBES.
NEW YORK. May 16. Business leaders
tire wavering between optimism and pes
simism Temporary uneasiness is felt, but
all improvement in the crop outlook prob
ably would revive confidence.
Developments have been uneven.
The governments report on winter
wheat holds out promise of a crop of only
370,000 bushels, while six ’million acres
were abandoned. Moreover, the whole ag
ricultural season is between three weeks
and a month late, while the excessive
rains will retard progress until a spell
•of real warm weather is enjojed. How
ever, the rain-soaked land could be
promptly put under other crops were the
sun to come out for a week or two, and
the whole agricultural nutlook easily un
dergo an encouraging change.
Industries are moving critically, some
expanding, others contracting. Steel pro
duction is at the rate of 3,000,000 tons per
annum, a new high record for the country.
Consumption has also heen stimulated by
lower prices. The railroads are- today
placing enormous orders for cars and
rails, while the demands from the build
ing trade are also heavy enough to jus
tify the marking up of prices.
The Steel Trust’s bookings during April
■were 360,000 tons larger than the ab
normal output, and as the margin of profit
will be larger from now on. the com
pany’s net earnings should not again fail
to provide anything for the common stock
dividend.
Possibility of Overproduction.
Is there danger that the production of
steel in the United’ States will heavily ex
ceed consumption 0 The productive ca
pacity of the country today is very much
greater than in any former year, and
expansion is still the watchword of man
ufacturers. Unless, therefore, general in
dustry broadens out the increased- ton
nage will not find a market- at least at
home. The trying experience which cop
per producers have passed through is
brought to mind by the current conditions
in iron and steel.
Instead of indulging in discomforting
forebodings, however, it is permissible to
hope that, given bounteous crops, the
country will resume Its forward march
once the presidential election is over.
Indeed, business is unlikely to wait un
til November before casting "ff its doubts
and fears
Even now hank clearings are running
far ahead nf last year and railroad groSs
earnings are rising
Much has been said in these articles
concerning the probability of a traffic
blockade this year The principal rail
road systems have at last taken cog
nizance of this peril. They have placed
huge orders for equipment, and will be
stir themselves to prepare for the coming
tidal wave of traffic The low prices of
materials is an. incentive to place con
tracts without further delay.
Setback on Stock Exchange.
The Stock Exchange has suffered quite
a sharp setback. Prominent railroad and
industrial stocks have tumbled 1 five to
nearly ten points from the high levels
recently reached, although latterly there
haxe been irregular rallies The break
in storks had a chilling effect upon specu
lative sentiment. The strongest banking
Interests had. as recorded here, given no
tice that a speculative boom would not bp
in order in fact, the Impression was
nearly that the pace had been
unjustifiably rapid.
Then the lamentable political tur
moil could not he entirely Ignored.
The financial community had made up
its mind that President Taft would bp
nominated, and that no legislation of a
more harassing nature than that already
experienced would he attempted Rut Mr.
Roosevelt’s remarkable demonstration of
strength in first one state and then an
other forced reconsideration of the po
litical potents. At this moment un
certainty rules- and uncertainty is never
conducive to financial or industrial sta
bility.
Money Everywhere Easy.
One fundamental, favorable feature is
the world-wide ease in money. Every
where monetary conditions are most com
fortable. The Bank of England, wl •
is still the hub of the whole financial
wheel, lowered its discount rate lasi
week’, and the Bank of France, as well
as the Imperial Bank of Germany, will
almost certainly reduce their charges for
accommodation. At New York cheap
money is also the rule.
The difference between dear and cheap
money at all leading centers is of far
greater moment than the average per
son is apt to realize. A high hank rate
in Great Britain acts as a serious brake
upon the wheels of industry indeed,
whenever the English bank hoists a dan
ger signal every manufacturer takes heed
and curtails activities. A similar effect
is produced on the continent of Europe. In
the United States stringency’ sometimes
has tn go pretty far before the omen is
given general attention, although in this
respect the business community’ is becom
ing wiser every year.
Employment of Idle Funds.
Provided the crops do reasonably well,
other conditions, taken as a whole, should
Real Estate For Sale. Real Estate For Sale.
* BEAUTIFUL eight-room house on a three-acre lot. water and sew
ers down and paid for; fronts 400 feet on car line; ha« barn,
chicken runs, fruit trees; an ideal suburban home, with all city con
veniences. A real bargain.
ON WARREN STREET, KIRKWOOD, we have a nice five-room cot
tage with hall on lot 50x200; plenty of oak shade. This is a real
bargain at $2,000, on terms of SIOO cash, balance S2O per month. See
us quick. This plcae will not be on the market long.
ATLANTA SUBURBAN REALTY CO.
REAL ESTATE AND BUILDERS.
31 Inman Building. Bell Main 2053
HOME SEEKERS
ARE YOU tn the market for a home? If so. It 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 ft. to suit your Ideas ,
e"d arrange terms like rent or easier Houses we build range second to none In I
point of workmanship, material and beauty. Ask our customers. Plans and I
specifications will cost you nothing
GATE CITY HOME BUILDERS
REAL ESTATE AND BUILDERS.
809 Third National Bank Building. Phone Ivy 3047.
DAILY STATISTICS
——
Building Permits.
SI,OOO R. B. Gardien: dwelling at 36 j
Chamberlin street.
s3o.oo3—Mrs. B. M. Swift; garage ini
Third street.
$35,000 —J. R. Smith et al., building In!
Whitehall street.
s6oo—-W. A. Cannon; dwelling at 354 :
Fulton street.
sloo—Mrs. I. M. Overby; porch at 9!+'
Richards avenue.
$2,500 Fitzhugh Knox; heating plant in
Poplar cfrcle.
S2OO—G. \V. Norris; additions at 130
South Ashby street.
$2,500- Louis Kolb; dwelling at 286 Mag
nolia street.
S3O0 —John Rukle: porch at 395 North
Boulevard.
$4,500 A. \v. Little; dwelling at 631
West Peachtree street.
Warranty Deeds.
$3,000 L. N. Eason to Guarantee Trust
and Ranking Company, land lot 156. com
mencing at the northwest corner of Old
Hemphill and Wesley avenues, 150x597
feet. May 14.
$17,250 —Charles \ Sisson and James P.
Windsor to Mrs Rebecca H. Sanders, land
lot 49. beginning at the northeast cor
ner of Ponce DeLeon avenue and Myrtle
street. 115X150 feet. May 14.
S2O Atlanta Heights Baptist church to
Charles S Bass, lot ’ in block B, 18 fee? j
more or less. September 4. 1911.
sls W. H. Mitchell to E. E. Jenkins,
land lot 89. being known as sub-lot 31 of
Sandy Springs cemetery, 30 feet. August
4, 1911.
s3lo—William Ferrell to J. W. Pat
terson Company, part of land lot 149. on
the south side of Piedmont avenue. 50
feet east of Clark street. 50x100 feet.
April 5.
$7,000 J. fl Whisenant to Jack D.
Hayes, land lot 17, on the north side of
St. Charles avenue, 47x190 feet. April
$6,250 -Jadk D. Hayes to George Gil
lon. land lot same as above. May 14.
SI.2OO—E. Rivers to S. R. Greenberg and
E. F. Bond, land lots 11 and 13. in block
7 of E. Rivers subdivision nf part of land
lot 101. on the east side of way,
100x150 feet. May 6.
$2,000 S. R. Greenberg and E. F. Bond
to J. Epps Brown, same property as
abvoe. May 11.
$1.325—M. F. Hennesy to Mrs. S. .1.
Hawkins, land lot 76, at the northwest
corner of Formwait and Cooper streets,
34x90 feet. May 8.
$1,325 —Mrs. S. J. Hawkins to Fulton
Finance Company, same property as
above. May 11.
$l,lOO J. H. Everett to J. W. <’ham
hers. land lot 1.10, on the southeast cor
ner of Chestnut and Foundry streets, 42x
162 feet. October 5. 1911.
$7,400 Peter F. Clarke to \V. H. Da
vidson. land lot 47. on the west side of
North Boulevard. 70x137 feet. May 10
$9lO -Atlanta Development Company Io
G. T. Turner, land lot 16. on the
side of Greenwood avenue, 50x200 feet.
May 11.
s9oo—»Same to same as above, same
property, same date.
$87.50 .Mrs. Nerrody C Redlngton to
James K. Hines, land 10l 175. commenc
ing at. the corner of the old Harris trail,
containing three and one-half acres more
or less. May 7
$1,200- Adolph Ranschenberg to Mrs.
Maggie Wimbish, land lot 20. on the south
side of Jefferson street, now Harold ave
nue. 272 feet east of the southeast corner
of Pearl and said street. 50x146 feet.
April 12.
$2,500 r». w Corey tn John H. Sharpe,
land lot 17. on the west side of Ponce De-
Leon place. 46x150 feet May 9.
S2OO East Point Land Company to Wil
liam Kelley, land Int 163, on the north
side of Dunlap street, 50x220 feet.
April 25.
$3,100 James F. Belcher to W N*
Glenn, land lot 47. on the west side of
Arnold street. 190 fppt north of the north
west corner of said street and Rice street,
40x174 feet. May' 11.
Warranty Deeds to Secure Loan.
SSOO E. P. Burne to F. A Quillian, land
lot 43, at the southeast nf Grant ami
Glenn streets. 121x150 feet. August 14.
1911.
$4,000 .\Trs Dora R Wilcoxon to the
Travelers’ Insurance Company, land lot
80. beginning on the north side of North
avenue. 100 feet east from the northeast
corner of said avenue and Spring street.
50x190 feet May *
$750 William Kelley tn Mrs N. C.
Swinney , land lot |63 on the north side j
nf Dunlap street. 50x220 feet. May 9.
$3,000 The Mortgage Rond Company of ’
New York to James E. Belcher, land Int
47, on the west side of Arnold street, 190
feet north of the northwest corner of said
street and Rice street, 10x174 feet. Oc
tober 8. 1910.
Bond For Title.
$17,000 Atlanta Development Company
tn \Y A McClure, land lot 16. on the
north side nf Greenwood avenue. 150 feet
east of the northeast corner of said ave
nue and Barnett street, 50x200 feet.
May 8.
by and by make for a fuller measure of 1
prosperity A vast amount <-.f money can
not he allowed to lie Idle at reserve cen
ters. Some use must be found for it. <t
must be put to work. The only way in
which interest can he earned is by har
nessing capital, by putting it into business
channels. The fourfold oversubscription of
the New York city $65,000,000 loan is sig
nificant. True, the Income rate demanded
was practically U 4 per cent, a fact not
complimentary to our city fathers. Rut
there were special circumstances of an
extenuating nature. The incident has 1
demonstrated to prospective corporate
borrowers that funds are available in
abundance, provided proper security and
a fairly generous return can be offered.
The railroads are in a fairway to re
ceive equitable treatment in the matter
of income ami expenditures. The labors
of the arbitration commission which is
to pass on the engine drivers’ demands
for higher wages may have the most
far-reaching influence upon the future
treatment of transportation companies. If I
it be proved conclusively that the placing:
of heavier burdens upon the railroads
would unduly check development, then
the public will realize that nothing of
this kind can be permitted, for the na
tion can not prosper if its railroads are
languishing.
The majority of our dominating finan
ciers are not yet ready to go ahead cour
ageously. They urge caution for the
present, but incline to the belief that a
more aggressive course will.be justified
in the not distant future.
. rrw ATLANTA GEORGIAN AND NEWS: THURSDAY, MAY 16. 1912.
GOOD WEATHER
LOH COTTON
Market Closes Lower Than the
Preceding Day—Realizing
Pulls It Down.
NEW YORK, May 16. -While early
news on cotton was rather bullish. In
cluding firm cables, unfavorable crop ac
counts and further overflows in the lower
Mississippi valley, the cotton market
opened quiet and featureless today with
first prices unchanged to 3 points higher.
Private Liverpool cables reported buying
by spot houses on poor crops. After the
call trading here was largely professional.
English cables reported futures and
spot strong in Liverpool.
The selling was somewhat better than
the buying around the opening, and the
I market was sold <»ff 7 to 8 points. This
selling, it is said, was based on better
weather over the belt. Some of the local
weather experts predict more lain in Ibe
next few days and this checked a further
decline under the heavy selling. The buy- |
Ing on the decline came from strong in- j
terests. It is believed that strong spot
interests are picking up Jul«y on all soft
spots and strong Wall Street operators
are buying December. No reason to fear
a decline of any consequence.
In the late afternoon the market was
very steady, having rallied from the low’
levels, and at 2 o’clock prices were un
changed to 5 points above the previous
close.
In the last hour absence of support and
realizing sales resulted in a setback to
the low levels of the morning, the close
being barely steady’ at 3 to 8 points de
cline from Wednesday’s final quotations.
RANGE IN NEW YORK FUTURES
I c i x I c I - i * > o
J u ’ *
|O-j X «-2 rj c-o
AI a y Tl” 30 11 35t0’0 YL3S ! 11
•June 11 *2B-30 11 30-32
July 1 1.40 1 1.43 11.32,1 1.;:4 11.34-35 11 *37-39
Aug. 1 1.46 11.46 11.46 11 46 11.40-41111.43-45
Sept. 11.50 11.50111.47 11 48 1 1.40-42 1 1.47-49
Oct. 11.57 11.60 11.48 11.50 11.48-50 1 1.55-56
Nov. 11.61 I 1.61 11.61 11 61 11.51-53 1 1.58-60
fier 11.65 11.68 11.58 11,59:11.58-59 11.65-64
Jan. 11.61 11.6311.52H1.52'11.52-53111.60-61
Feb .... 11.53-55 11.61-63
_l a r 11 H ll • Jl- H1 J 1 J? 1 -1- L 1 S ?.l'°
Closed barely steady.
Liverpool was due 2to 2 l i lower on old
Aral unchanged on new crops. Opened
quiet, unchanged to Ipoints higher. At
12:15 p. m. was steady at a net advance
of .3 to 4 points. Later cables reported a
decline of i. 2 point. Spots, fair business
at 1 point decline; middling, 6.55; sales.
8.000; American, 7,000; speculation and
export. 500; imports, 1,100; all American
At the close the market was barely
steady I L> to 3 points lower than the pre
vious close.
Browne. Drakeford A.- Co., Liverpool,
cable; “Market improved on bad crop
reports; spot houses buying’’
RANGE IN LIVERPOOL FUTURES.
Futures opened barely steady
‘Opening. F*re*.
Range 2 R. M. Close Close
May . .6 31 -6.30 6.31 *6.26U 6.29’6
May-Jure 6.30 -6.32 b, 6.31 6.26 L, 6*29s£
June-July 6.29 -6.36 “
July-Aug 632 -6 34 6.33 l ~ 629 “ 6.31
\ug.-Sept. 6.31 -6.33 6.33 ' 6'28 6.29’»
Sept.-Oct 6,25 6 27
Oct.-Nov. 6.25 -6.2RL, 6.28 6.23 6.25
Nov.-Dec. 6.24 -6'25 ‘ 6.25 6.21 6.23
Dec.-Jan. 6.22 l 2 -6.23 . 6.20 1 -, 6.22’2
Jan.-Feb 6.23’t>-6.26 6.26 6.20’- 6.224-S
Fob.-Mar .“ 6.21 ~ 6.23
Mar.-April 6.24-6.23 1 2 .. . . 6.22
Closed barely steady.
HAYWARD <£. CLARK’S
DAILY COTTON LETTER
NEW ORLEANS, May' 16. -A crop au
thority in Shreveport says; “Crop this
■ section has made satisfactory progress,
1 While precipitation at times has been ox
! ('cssilve. it was beneficial to germination.;
Occasional Shorters now - would be’beuo- |
ficial. Condition of crop quite up to
average of past year; planting about com
pleted. Fully 50 per cent chopped. Cot
ton acreage increased 12 to 15 per ('ent.
To w hat extent* acreage of Louisiana will
bp affected by overflow can not be said.
I Doubtless much of the overflowed land
will be planted when waters recede, and
it may be safe 4o figure 10 per cent acre
age increase for the state if dry weather
cont inues.”
‘ With tlu* present spell of fine weather
and prevailing northwesterly winds, the
I river is falling and more satisfactory ac
counts are already being received from
some of the overflowed districts.
Cables from Liverpool indicate that the
market is nervous over bad weather and '
crop reports. Futures were about 4 points
higher than due. hut broke 6 points in
the last hour when facts about yester
day's weather became known, and the
government forecast promised further fav
orable weather. Spots were 1 point lower
Our market showed a disposition to
ease on better weather and more favor- .
able crop news, but support in New York
causpil it to rally' several times from de
pressions. Bullish feeling still seems fash
ionable in the Northern market, and a
bullish half-monthly condition report is
"expected Thursday from Miss Giles. 'The
into sight for the week looks around 72,-
000.
RANGE IN NEW ORLEANS FUTURES.
I£ I | 15 I 8 t J
101 E I |3S| □ £•:
Mav irS2 ILB2 11.77 11.77 11.75-76 11.51~R4
June i 11.77-79 11.83-86
.lulv 11 95 12.00 11.80 11.90:11.90 111.96-97
Auk. .. ... 1 1.74-76.11.81 -83
Sept 11.64-66 11.71-73
I < let 11.Slill.68111.57111.57:11.57-58:11.65-66
X,,v 11.58-59 11.66-68
f >ee TI 67 11.71 i 1.51 11.59 11.59-60 11.67-68
.lan 11.70 1 1.72 11.52 11.62 11.61 -62 11.69-70
Feb .11.63-65 11.71-73
Mnr '_ 11 'I - / 111-’ 11.81-84
Closed steady.
PORT RECEIPTS.
The following table shows receipts at
the ports today compared with the same
day last year:
New Orleans. . . . 1.905 7.100
rial vest on 1,099 906
Mobile 201 102
Savannah 1.016 1,324
Charleston 124 539
Wilmington 203 177
Norfolk 876 1,103
New York . ; 50
Roston 68 ....
Pacific coast .... 7.698 ' 601
Total - ! 131290 | 12,102
INTERIOR MOVEMENT.
j iui2~ | 1911.
Houston I 346 1 449
\ugusta 562 152
Memphis 905 847
St. Louis 794 453
Cincinnati 1.968 1,334
Little Rock .... .... 1 70
' -I-.,-;,!. . . . . 5.075~ I - £305
SPOT COTTON MARKET.
Atlanta, steady; middling 11%.
New Y<rk. quiet: middling 1J.75.
Now Orleans, steady: middling 11 13-16.
Liverpool, steady; middling 6.55 d.
Savannah, .steady: middling 119-16.
\ugusta, steady, middling 12c.
Stobiie. steady: middling 11',
Galveston, steady: middling 13<-.
Norfolk, quiet; middling 11 s ,.
Wilmington, steady; middling 111 s.
Little. Rock, quiet; middling 11%.
Charleston, quiet, middling 1lt 2 .
Louisville, firm; middling 11%.
Philadelphia, steady: middling 12c.
Boston, quiet: middling 11.75
Baltimore, nominal, middling ll'«.
Memphis, steady; middling 11%
St Louis, steady, middling 11%
Houston, stead' . middling 11%
Louisville, firm, middling 11’*.
NE WS AND GOSSIP j
Os the Fleecy Staple
(From Hayward & Clark.)
NEW YORK. May Hi. Carpenter, Rag
got & V’(».: The market is narrow and
j appears technically favorable io a tem
i i»orary decline. In other words, it looks
as if we would have lower prices tempo- ;
; rarily, then would favor buying. We do
| not favor the short side. All ’(’ports and
i conditions are extremely bullish, but the
I market is narrow and susceptible t<» slight
influences either way.
Dallas, Texas, wires: “Texas and
Oklahoma clear and pleasant.’’
The Journal of Commerce publishes a
Washington article stating the govern
ment in its revision had increased the
cotton acreage planted m 1911 from 35,-
004.000 acres to 36,681,000 acres. This
will be a basis for calculating the acre
age for this year. Probably this has
something to <lq with the decline in the
market. This year’s acreage is scheduled
to c<»me out on June 4.
Market was sold off early by Waters.
Schill and ring Waldorf crowd good sell-
Following are 11 a. ni. bids. May,
11.27: July, 11.34, October, 11.19. Decem
ber, 11.59.
Estimated receipts Friday;
1912. 1911.
New Orleans 1,100 to 1.4"” 5,213
Galveston 1,500 to 2.500 3.232
NEW ORLEANS. May 16. Hayward A-
Clark; The weather map shows fair west
of Alabama, partly cloudy to fair in Ala
bama and Atlantics, light sh<»wers and
heavier precipitation sljown is Memphis,
| .26; Birmingham, .36; Augusta, 130.
j Warmer in west Texas. Indications are
for generally fair and warmer.
Green\iille, Miss., says: “Planters more
hopeful; waters continue to recede slow
ly. and while as yet only the slightest re
lief from the distressing flood conditions,
planters still hope there will be a cotton
crop made.”
New Orleans Times-Democrat: Neither
faction appears willing to credit any por
tion of the other's argument, and yet
there is some logic and reason and fact
being exploited by both. The weather
has continued bad in some sections of
the belt and has been good in others.
Where the weather has been fairly good
the farmers have worked with vim and
vigor to make up for lost time, and high
temperatures have assisted, through rapid
germination of the seed. This gives the
bear an idea that bad crop reports have
been exaggerated, therefore, all must be
well with the season of 1912. The start
is later than normal and very much later
thafi last year The weathei hat been
very unfavorable until recently, when im
provement has been shown. This gives
«he bull the impression "that a crop dis
aster is inevitable and that very much
higher prices are on the cards. The truth
seems to be that a full crop will be need
ed. and that a full crop mitet be pro
duced if very much higher prices are not
to be witnessed. Thus far the weather
has not been full crop weather. Mean
while the talent’s sense of proportion
seems to have suffered tjirough the de
velopments of the past twelve months.
•
| THE WEATHER |
Conditions.
WASHINGTON. May 16 The disturb
ances now over Ohio and North Carolina
Will move eastward, attended by rains to
night in the middle Atlantic states and
the eastern lower lake region and tonight
and Friday In New England. In the in
terior the weather will bo generally fair
tonight and Frida.'
Temperatures will remain comparative
ly low and it will be cooler tonight In the
upper <)hio valley and the South Atlantic
states.
Small craft warnings have been issued
in the southern portion; Friday probably
fair
North <'arolina Generally fair tonight
arid Friday; cooler tonight in the central
and eastern portions.
South Carolina Fair tonight and Fri
day cooler tonight.
Georgia—Fair tonight and Friday; cool
er tonight in the southeast portion.
Florida -Local showets tonight or Fri
day, except generally fair in the north
west portion: cooler tonight in the north
east portion.
Alabama and Mississippi - Generally fair
tonight and Friday.
LoutsiariA. Arkansas, Oklahoma and
Texas Fair and warmer tonight and Fri
day. -
i ' . t ' F) F
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. 6.00
rq 6.50; good steers. 800 to 1,000,
medium to good steers. 700 to 850. 5.00®
5.75; good to choice beef cows, 800 to 900.
4.751ft5.00; medium to good beef cows. 700
to 800, 4.5004.75; good to choice heifers.
750 to 850. 4.5005.50; medium to good
heifers, 650 to 750, 4.0004.75.
The above represent ruling prices of
good quality of beef cattle Inferior
grades and dairy types selling lower.
Mixed common steers, if fat. 700 to 800.
4.50®5.00: mixed common cows, if fat, 600
to 800. 4.000 4.50; mixed common bunches
to sari. 600 to 800, 2.7503.50; good butch
er bulls, 3.250 1-00.
Prime hogs. 100 to 200 average. 7.500:
7.25; good butcher hogs, 140 to 160, 7.25®
7.50; good butcher pigs. 100 to 140, 7.000.
► 7.25: light pigs. 80 to 100. 6.0006.25; heavy
rough hogs, 200 to 250. 6.7507.25.
Above quotations apply to corn-fed
hogs. Mast and peanut fattened hogs, 1@
l>,4c and under.
Cattle receipts light; market continues
strong on best grades. A. J. Evans, of
Fort Valley, Ga., was on the market again
this week with two loads from his feed
lots; one car of strictly good Hereford
cows and another load of high-bred yearl
ings. which were bought under contract
some time ago by an Atlanta broker.
Several loads are reported for the in
coming week and receipts are expected to
be better.
POULTRY, BUTTER AND EGGS.
NEW YORK, May 16. Dressed poultry
quiet; turkeys. 13022: chickens, 16028;
fowls, 111 2 41 16%: ducks. 13022; geese,
11016. Live poultry steady; fowls, 16
tasked); geese, 80 9
Butter easier; creamery specials, 300
30%: creamer' extras, 29029%; stale
dairv, tubs. 24 0 30: process specials. 27%
® 28.
Eggs steady; nearby white fancy, 24
tasked); nearby brown fancy. 21% (bid);
extra firsts. 22 (bid); firsts. 19020%.
NEW YORK GROCERIES.
NEW YORK. May 16. Coffee quiet; No.
7 Rio spot. 14%014% Rice steady: do
mestic, ordinary io prime. 4%0.5%. Mo
lasses quiet; New Orleans, open kettle,
400 45. Sugar, ran. quiet; centrifugal,
3.92; muscovado. 3.42; molasses sugar.
3.17; refined, quiet: standard granulated.
5.0505.15. cut loaf, 5.90; crushed. 5.80;
mold A. 5.50; cubes, 5.250 5.35; powdered.
5.104/5.20: diamond A. s.l<i; confectioners
A. 1 854( 5.95; No. 1. 1.850 5.95; No 2. 1.80
4/4.90 No. 3, 1.7504.85; No. 4. 4.704/ 1.80.
Cheese firm; white milk specials, 16%
ibid); whole milk fancy. 16 tbidi; skims,
specials, 110 11%: iikims, fine, 9%01O%;
full skims, 7 (bid).
NEW YORK COFFEE MARKET.
Coffee quotations:
I Opening, t Closing
January ..... 13.5701.3.65,13.66013.67
February 13.504/ 13.60 13.654/ 13.66
Marell 13 60®13.63 13.68® 13.69
\,,rii 13.58® 13.65 13.68® 13.69
Ma' 13.700 1 3 80 13.450 13.47
lune . . . . 13.10® 13.66 13.48® 13.49
lulv J 3.40®: 13.47:13.52® 13.53
\ugust 13.50013.65! 13.62® 13.64
S.-ptembor 13.604/ 13.67 13.724( 13 73
October 13.60013.65 13.704/ 13.71
November 13.580 13.60 13.670 13.69
December 13.584/ 13.60 13.66® 13.67
~Closed steady. Sales, 46,750 bags.
COTTON SEED OIL.
Cotton seed of) quotations:
~~~ I Opening. I Clesing.
■Spot 1 ' 7.1007.27
May 720 07.30 7 1507.25
June 7.2707.30 7.1507.17
Julv 7 300 7.32 7 180 720
\uguSt 7 350 736 7.240 7.26
September . 7 370 740 7.290 7.30
October . ... 7.3807 38 7.260 727
November 6 7.30 685 6 700 675
December 6.87'06 70 6.62476.65
" CloseUweakT sales 16,100 barrels
LEADING STOCKS
N® MD BREAK
Sharp Declines Recorded Dur-|
ing Late Trading—Market
Develops Weakness.
By CHARLES W. STORM.
NEW YORK. May 16. Practically all
the stocks on the list were under pressure
at the opening of the stock market today
The heaviest loss was sustained by t’a
nadian Pacific, which at the outset sold
at 267%. or 1% under last night's closing.
This was the first time this week the
market failed to show a strong tone al
the opening. There was almost a com
plete absence of demand, Steel yielding
about half a point in the first few min
utes. Lehigh Valle' opened %e off. but
later rallied. American Smelting de
clined %. The same gain was made in
Amalgamated Copper, but prices subse
quently reacted. Erie common and
Southern Railway started with losses
of %.
The curb was Irregular. Americans in
London were irregular.
Canadian Pacific in London sold be
neath .New York, but the tone was steady.
The London market was affected by
close/} exchanges in Paris and Berlin,
where a holida,' was observed. ■
The heavy .selling which marked the
early trading diminished in the late fore
noon, and buying orders caused a firm
tone. Fractional advances were made in
steel common, Lehigh Valley and Read
ing.
A number of other tailroads and in-
made slight gains.
After losses ranging around 3 points In
Reading. Lehigh Valley and Vnion Pacific
and substantial reactions in many other
issues in the late afternoon, a firmer tone
prevailed in the last hour.
The market elesed stead.'.
Government bonds unchanged; other
bonds steady.
Stock quotations:
|l.ast |Clos IPrev
STOCKS— IHlghiLow. iSaie 1 Bid. tClse
Amal. Gopper. 81 82%; 831., 83
Am. Ice See.,. 27? s 26%' 27'G ... 27%
Am. Sug Ref 131% l", 0 1.31 * ...131%
Am. Smelting 85% Sl’ a 81% .... 85%
Am. Loconto... 43% 41%: 12 .... 42%
Am. Car Fdv. .. 59 58% 5S'„ ....: 59'*
Am. Got. Oil .. 51% 537a! »4% 54%
Am. Woolen ; 29'*
Anaconda ... 43 11%, 42%: ....' 12%
Atchison 106>, 105'41105% ... IO6'«
A. C 11 .. .I ...Jl4O
Am Can .. 40% 36% 40%
do. pref. . . 1 18'j, 116 ;118 .... 118%
Am. Beet Sug. 74%' 71 T a 73% .... 74',
Am. T. and T. 145% 145% 145% .... 115%
Am. Agricul . 60%) 60 60 60%
Heth. Steel ... 38% 37'- 37'- ... 39 '
R. R T 86% 85 85% . . 85%
B. and < • 109% 109 HOU .... :109%
Can. Pacific . 270 267% 268% . ...‘268%
Corn Products 16% 15% 16 ... 16%
ami " sot.. 78-% 79% .... 80% !
Consol Gas .Cl 12% 141% 141% .... 142',
Cen. Leather . 26'., 26% 26'* .... 26'«
Colo F and I 29 28% 29 • .... 29
Colo. South . .... 43
D. ami H 170% 169-% 170% .... 170%
Den. and R. G. 20% ’ 20% j 20'*: .... 20% 1
Distil. Secttr... 32%
Erie 36% 35% 35% .... 36%
do. pref. ~| 53% 53% 51 .... 51
Gen. Electric 169% 168 Z 168%’ .... 169%
Goldfield Cons.l 4 4 4 I ... : 4
G. Western . . 18 18 18 .... 15%
G. North., pfd. 131% 131 'l3l .... 131%
G. North. Ore... 42'- 41% 42 ....'42
Ini Harvester 121 * 120% 121 I .... 119'...
111 Central ... 125% 125’., 125%: ... 125%
Interboro 20% 19%l 20% ... 20%
do, pref. .. 59% 58ZI 58% ....I 58%
lowa Central . . 1 .... 12%
K. C South.... 25% 25% 25%’’ .... 25%
K. and T ’ ... J .... I .... I .... 27
do pref . ’ 60%
L. Valle' . . 176% 174% 174% ...-.176%
I. an/l N. . . 159%'158% 159% ....160
Mo. Pacific . . 10% 39%: 39% . .. 401*
. N. Y. Centra! 119% 118% 119% .'...119%
Northwest.. 138 136”* I 36 7 B .... 138%
Nat.
N. and W . . 113% 112% 112% .... 113
No. Pacific . . 1.19's 118%i1i9% ....119%
o and W. . . 38% 38%! 38 >....! 38%
Penn 123% 123%'123'- ....1123%
Pacific Mail . 32% 32% 32% ...’ 32%
P. < las Co. . . ... : .... '109%
P. Steel Car. . 35%’ 35% 35%' .... 35%
Reading . . . 176% 173% 175 ' . . .1177
Rock Island . 28%! 27% 27%l .... 28%
do. pfd.. 57% 56%| 56% I 57%
R. I. ami Steel 24% 23% 23% ....' 24%
do. pfd.. . .: 80 180 80 ' .... 80
S. -Sheffield. J .... .... ....' ....I 51%
So. Pacific . . 111% 110% 111% ....'ll2
So Railway . 29 28% 28% ~..: 29'.,
do pfd.. . . 74 73% 73% ...J 74%
St. Paul . . . 107 106 , 106% .... 107%
Tenn. Copper 44 42% 43% .... 42 7 a
Texas Pacific 11 24
Third Avenue 40% 10% 10% ....' 40
I nion Pacific 172', 16V, 170 .... 172%
I'. S. Rubber 59'j 58%) sfi%| ~..1 59
l ialt Copper 63% 62% 62%’ ....' 63
I'. S. Steel . . 70% 68" s t>!)% ... 70%
do. pfd.. . .'llO% 110% HO". .... 110%
V. Client. ’ 52% 51% 51% ....! 52
West. I nion .' 83 82% 82'- ... 83
Wabash . . . ...J .... 9
do. pfd.. . . 21% 21% 21'... .... 21%
West. Elec .... 75
Wis. Central . 53
W, Maryland 59
Total sales, 915,615 shares.
MINING STOCKS.
BOSTON. May 16 Opening Old Col
ony 9%. Indiana 20',j. Smelter preferred
48%. Butte Superior 36%, Arcadian 4%,
Mayflower 11.
LOCAL STOCKS AND BONDS.
BM Asked
Atlanta * West Point R R... 141 145
American National Bank ... 205 210
Atlantic Coal & Ice common. 102 104
Atlantic Coal * Ice pref 93 94
Atlanta Brewing & Ice C 0... 175
Atlanta National Bank .... 325
Central Bank * Trust Corp.. 149 15a
Exposition Cotton Milla 16(1 155
Fourth National Rank 225 230
Fulton National Rank 125 130
Ga Rv. & Elec, stamped.... 127 130
Ga Rv & Pow. Co., common 28 31
do Ist pfd 82 87%
do 2d pfd 43 45
Hillver Trust Company 126 130
Lowry National Bank 248 250
Realty Trust Company 108 no
Sixth Ward Bank 99% 101
Southern Ice common 72% 74
Third National Rank, new .. 200 210
Trust Co of Georgia 212 214
Travelers Bank A- Trust Co.. 125 126
BONDS.
Atlanta Gas Light Ist 05.... 104% ...
Georgia State 4%5. 1915 .... 101 103
Georgia Midland Ist 3s 60 63
Ga. Rv * Elec Co 5s 101% ...
Ga. Ry. & Elec, ref 5s 99 99%
Atlanta Consolidated 5s 104
Atlanta Northern Ry 55.... 95
Atlanta City 3%5, 1931 91 93
Atlanta City 4%5. 1921 103 105
Southern Bell 63 99 4
LIVE STOCK MARKET.
CHICAGO. May 16 Hogs Receipts
22,000. Market 10c higher; mixed and
butchers, 87.400 8.02. good heavy $7,800
8.05, rough heavy $7.100 7.65. lighi $7,350
792 pigs $5.500 7.10, bulk $7.8007.1'5.
Cattle Receipts 4.500 Market strong,
beeves $6.100 9.30, cows ami heifers $2.50®
8. stoekers and feeders $4.850 6.85, Tex
ans $5.800 7.40. calves $6,500 8.25.
Sheep - Receipts 10.000 Market weak;
native ami Western $4.7506.10, lambs
$6,250 8.90.
COTTON MARKET OPINIONS.
.1. S. Barbe A Co.. We still believe
the distant positions a purchase on any
decided reaction
Stemberger. Sinn A Co.: The market
should afford good trading opportunities.
Thompson. Towle A- Co.. For the time
being we prefer buying the new crop
months
Hally A- M.negonrt' . 'A •• believe the
general outlook poor enough and pr'cea
reas<»nable enough to warrant buying on
a scale-down
Ask anv business man and be will tell
tou The Georgian Want Ad column
reach more people and bring better results
that could hot be obtained in any other
medium in this section.
I ATLANTA MARKETS
I J
l-JKi'S b'rrsh country candled, I
BUTTER—Jersey and creamer”, in lib j
l»lnrkj«. fresh c<nintry dull, l‘-’-2 :
15c per pound.
DRESSED POULTRY—Drawn, head *nd
1 feet on, per pound. Hens, 17@48c: fries, j
Roosters. Turkeyt, ow- j
line to fatness. 18tf720c.
LIVE POULTRY Hen«=. <n-®4sc: roost- j
ers, ?s*/35c: fries. oOfaSOc: broilers. 25'fr
puddle ducks. 35<i/-l0c; Pekin ducks,
lo<Msc: ,'xccse. i»ofa6oc each; turkeys, ow- |
ing to fatness. 174118 c.
FRUITS AND PRODUCE.
FR J l’j \\i > vEG ETA BLES—Lemons
Haney. $3.504/4.30 per box. Florida
oranges. s3.oo<</3.50 per box. Bananas,
per pound. Grape fruit, ss.oofa
6.00 per crate. Cabbage. 1 2c per pound.
Horida cabbage. $24i2.50 per crate. Pea
nut s, per pound, fanev Virginia. 6Ms@’‘ c *
choice, Beans. round green
$1 75<f/2.00 per crate Florida celery, ;
$2.00(h2.50 per crate. Squash, vellow. pet
six-basket crates 50(8)2.00
fancy. < hoice. sl.2s<a 1.50 i>er
cra.e. Beets. $3.00(83.50 per barrel. Cu
cumbers. ]>er crate. English
peas, per drum. New Irish po
tatoes. per barrel, $4.50(85.00 per barrel.
Strawberries, stfj6c per quart.
Egg plants. $2.50 83 00 per crate. Pep
per. $1.75 'n 2.00 per crate. Tomatoes,
fancy. six-basket crates, $2.50 @'3.00;
choice tomatoes. $1
s2.so<?< :>.OO per crate. < minus.
per _hushel. Svveet potatoes, p. yam, $1.50
1.75 per bushel Cranberries,
12.00 per barrel; sflc per gallor..
PROVISION MARKET.
(Corrected by White Provision Ca.)
Cornfield bams, 10 to 12 Iba. average,
16c.
Co-nfleld hams, 72 to 14 lbs. average
16c.
Cornfield skinned hams. 16 to IS Iba..
average,
picnic hams, 6 to S lbs. aver-
Cornfieid breakfast baron, 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. 10(.
Cornfield bologna sausage, 2b-lb. boxes,
9c.
Cornfield luncheon hams. 25-lb. boxes.
11c.
Cornfield spiced Jellied meats In 10-lb.
dinner pails, ]oc
Cornfield smoked linn sausage, 25-lb.
boxes, 9c
Cornfield smoked link sausage In pickle,
50-lb. cans. $4.25
Cornfle’d frankfurters In pickle, 15-lb.
kits. sl.bo
Cornfield pickled nigs feet. 15-lb. kits,
SI.OO.
Cornfield pure lard (tierce basis), 12lie.
Country style pure lard, 50-lb. Uns only.
12c
Compound lard (tierce basis), 9s£c.
D. S. extra ribs, 11 ’nc.
D S. rib bellies, medium average.
12’ 4 c.
D. S. rib bellies, light average, 12<&c.
FLOUR AND GRAIN.
b’ljOUR Postell’s Elejant, $7.50; Gloria
(self-rising). $6.50; Victory (finest pat
ent). $6.75; Faultless, finest. $6.50; Swans
<lo\vn (highest patent), $6.25. Home
Queen (highest patent), $6.00; Puritan
(highest patent), $5.00. Sun Rise (half
patent). $5.50; Tulip flour. $4.50: White
I <’lmid (highest patent), $5.75: Diadem
' < highest patent). $5.50; Farm Bell, $5.40;
Paragon (highest patenti. $6.00; White
Lily (highest patent), $5.75; White Daisy,
$5.75; Southern Star. $5.50. Sun Beam,
$5.50; Ocean Spray (patent », $5.50.
CORN Tennessee White. red coh,
| $1.10; No. 2. white, $109; cracked, $105;
| yellow, $1.09; mixed. $1 OR
; MEAL Bolted, 12-lb sacks. 92c; plain.
144-lb. sacks. $1 01: 96-lb. sacks. $1.02;
48-lb sacks. $1.04: 24-lb sacks, $1.06.
OATS Fancy white clipped, 74c; fancy I
white, 73c; mixed. 72c.
(’OTTON SEED MEAL Harper. $29.
COTTON SEED HULLS—Square sack*
SIO.OO per ton.
FEEDSTUFF.
SHORTS—Halliday white, 100-lb sack*
$1.95; fancy, 75-lh. sacks, $1.90: P. W
75-Ih. sacks. $1.85; Brown, 100-lb. sacks,
$1.75; Georgia feed. 75-lb sacks, $180;
bran? 100-lb sacks, $1.75; pure 75-
lb, sacks. $1 70; Horncoline. $1.85: Germ
meal. Hotnco, $1 R 0; sugar beet pulp, 100-
lb sacks, $1.55; 75-lb. sacks, $1.60
CHICKEN FEED Beef scraps. 100-
pound sacks, $3.50; 100-pound sacks.
$3.25; Purina scratch, dozen 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, s2.ln; Suc
cess baby (hick, $2 10. Eggs. $2.20; Vic
tory baby chick. $2 30; 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. $1: oysfersheil. 80c.
GROUND FEED—Purina feed. 175-in.
sacks. $2.00; Purina molasses feed. $2.00;
Monogram. 100-lh. sacks. $1 70; Victory
horse feed, 100-lb. sacks. $2.00: Milko
dairy feed $1.80; Arab horse feed, 100-lb.
sacks, $2.10: alfalfa molasses meal, $1.85;
alfalfa meal, $1.50.
SEEDS (Sacked)—German millet
$1.75; cane seed, amber. $1.65; cane seed,
orange. $1 40; Wheat (Tennessee), blue
stem. S’. 40; rye (Georgia) $135; Appier
oats, 85c; red rust proof oats, 72c; Burt
oats, 75c; Texas rust proof oats. 70c; win
der grazing. 70c; Oklahoma rust proof,
50c; blue seed oats. 50c.
.JAY—Per hundred weight: Timothy,
choice alrge bales. $1 90, Timothy, choice
third bales. $1.60: Timothy No. 1. small
bales, $1.85. alfalfa hay, choice, $1.65;
Timothy No. 2. $1.50; Timothy clover
mixed. $1.45; clover hay, $1.50; alfalfa
hay. choice, $1.50: alfalfa No 1, $1.70;
alfalfa No 2. $1.25. peavine hay. $1.20;
shucks, 70c; wheat straw, 80c; Bermuda
hay, SI.OO.
GROCERIES.
SUGAR—Per pound, standard granu
lated. 5 3 4 c; New York refined, plan
tation. 6c.
COFFEE. Roasted (Arbuckle’s). $24.25;
AAAA. sl4 50 In bulk; In bags and bar
rels. $2.10; green. 19c.
RlCE—Head. fancy head, 5%
@f,' c according to grade.
LARD Silver leaf. 12’/2»’ r»er pound;
Soco, 9 3 «c per pound; Flake White. 9%c
ppr pound. Coitolene, $7 75 per case;
Snowdrift. $6.25 per rase.
CHEESE Fancy full cream. 22r.
SARDINES Mustard, $3 per case; one
quarter oil. $3
MISCELLANEOUS Georgia cane svrup
38r. axle grease, $1.75; soda crackers, 7 1 4 c;
per pound: lemon crackers, ?c: oyster. 7'-;
tomatoes (2 pounds). $2 case; 3 pounds,
$2.75, navy beans, $3.10: Lima beans. 7\c.
Shredded biscuit. $3 60; rolled oats, 54 per
case, grits (hags). $2.20: pink salmon.
$5.10 per case: penpor. 25c per pound; R.
E. Lee -almon. $7 50: cocoa. 38c; roast
beef. $3 F 0; syrun. 30c per gallon. Sterling |
ball potash. $3.30 per case; soap. $1.50@4
pe»- case, Rumford baking powder, $2 59
per case.
SALT One hundred pounds. 49c; salt
brick (plain), per case, $2.25; salt brick
per rase. $4 85; salt red rock.
100 pounds. $1; white rock, 100-jb sacks,
FISH.
FISH Bream and perch, 6c per pound,
snapper. 9c per jmund; trout, 10c per
pound; bluefish. 7c per pound; pompano,
20c per pound: mackerel, 15c peri
pound; mixed fish. 6c per pound, black i
ba»s, 10c per pound; mullet, $ll.OO per
barrel.
HARDWARE.
PLOWSTOCKS—HaIman, 95c; Fergu
gon. $1.05.
AXLES--$4.75(8’7 per dozen, base.
SHOT—S 2 25 per sack
SHOES- Horse, per keg.
LEAD Bar. 7’<c per pound.
NAILS Wi.-e, $2.05. base.
IRON —Per pound. 3c base; Swede t’,4c
NEW YORK PRODUCE MARKET.
NEW YORK, May 16. Wheat quiet;
July SLIGHT 1.16’ 4 ; spot, N<% 2. $1.24’’ 4 in
elevator. $1.24 f. o b. Corn steady: N<>. 2.
in elevator, nominal; export No. 2 87’v
f. o. b., steamer nominal; No. 4 nominal.
Oats easier: natural white 627/64 white
clipped 64'1/66. Rye quiet; No. 2 nomin
al f o. b. Now > ork. Barlev steady;
malting $1,257/1.38 i. f Buffalo. Hay
steady; good to primp $1 407/1.65; poor I
to fair $1,257/1 50. Flour dull; spring pat- I
ents $5,707/6.20; straights >5.407/ 5 60; |
clears *4 857/ 5.10, white' patents $5,907? I
6.10; straight.- *5 >57/ 5 60. clears, $4 /5(8 !
5.(>0
Beet steady fam’iv $18.00*818.50. Pork
dull: mess S2O 5077 21 25; fam.il’ S2O 257?
21 50 Lard -ueadj . c>ty steam
middle West pot 11 20 bid Ta’low steadv;
city, ti hogsheads, country, in
tierces, *
GEREOARKETS
WEAK AND LOWER
Wheat, Com, and Oats Close
at Declines Ranging From
7-8 to 4 3-4 Cents.
ST. LOUIS CASH QUOTATIONS.
j Wheat No. 2 red 122 0124%
»’orn 81 0’ 81%
Oats 56%
CHICAGO, May 16. Wheat opened un
settled and a little lower on continued
favorable crop news and further rains in
the winter wheat belt. All rhe losses
were soon regained, however, under mod
erate buying. Trade was small Con
siderable support, came from shorts Liv
erpool came %d higher to %d lower.
Broomhall attributed the strength to cov
ering by May shorts and reports of the
reduced crop prospects;
Corn was fully sustained to a. shade
higher at the opening by wet weather.
There was little doing
Oats were %to %c higher A good de
mand was the strengthening factor.
Provisions opened unsettled with pork
lower and ribs and lard stronger. There
was a fair commission demand early, but
selling by longs soon began and the mar
ket eased off.
Wheat closed sharply lower with prices
showing losses ranging from 2 to 4%c. the
May option showing the greatest 1/Jss.
While the market was heavy all day." It
became panicky In the' last half hour' of
the session and prices went to. pieces.
Liberal receipts, favorable crop reports
and weakness in cnarhe grains sapped
the strength. Toward the close general
selling of long wheat on stop .orders be
gan. The big longs stood aside and let.
the" market take its course.
Corn also dropped sensationally, prices
at the close showing declines ranging
freyn 1% to 4%c. After an early show' of
strt>"gfli the market was dull and feature
less iirttil just before the close, when it
wegt to pieces with the other grades on
general selling.
Oats closed sharply lower with the
other grains, final prices showing losses
of’% to 2%('. The break in wheat- was
1 lie big Influence
Provisions dosed with losses in pork
of 80 to 85c, in lard ,jf 12c to" 15c and in
ribs from 1" to 22%c. There was heavy
realizing all day Finally the whole pro
vision list gave way with grain.
CHICAGO GRAIN MARKET.
Grain quotations:
Frev.
Open. High. Low. Close. Close.
WHEAT—
Mav 1,15% 1.1.6% 1.11% 1.11% 1.16%
July 1.11 1.11% 1.06% 108% 1.11%
Sept. 105% 1.06', 1.03% 1.03% 1.05%
De/'. 1.05% 1.05% 1.03% 1.03% 1.05%
CORN -
May 81 81 76% 76% 80%
July 77% 77% 74% 74% 77%
Sept 75 75% 72% 37 ' 75
Dec. 63% 63% 63 63 63%
OATS- 1 ■ ’ ?'
Mav 56 56 52% 53%“ ' 55%
July 52% 53% 50% 'S2%
Sept 43 43% 42% 43% 43%
Dec. 44 44% 43% 43% 44
I PORK -
Mav 16.35 18.35 18.35 18 35 19.15
Julv 19.40 19 40 18 55 18.55 19.37%
Sept. 19.55 19.60 18 72% 19 72% 19.52%
x-ARD
Mav 10.92% 10.92% 10.70 10.70 10.85
July 11.02% 11.25 10.82% 10.82% 10.97%
Sept 11.25' 11.25 I'oo 11. On 11.15
RIBS—
Max 10.30 10.30 10.30 10.30 10.47%
Julv 10.57'... 10.62% 10.35 10.35 10 57%
Sept. 10.80 ' 10.80 10.50 10.52% 10.72%
! ' - ,»w- ■■ .
CHICAGO CASH QUOTATIONS.
CHICAGO, May 16. Wheat. No. 2 red.
51.15%0 1.17. No. 3 red. $1.1301.15; No. 2
hard winter, $1.15%©1.17%; No. 3 hard
winter, $1.13%0 1.15% : No. 1 northern
spring. $1 1701.20: No. 2 northern spring.
$1 150 1.18: No. 3 spring. $1.10%@1.16.
Corn. No. 2.'81 0 81%: No 2 white. 81'-2
0 82: No. 3 yellow, 81%0'82. No. 3. 77%0
79. No. 3 white, 79%; No. 4. 72072%; No.
4 white, 72%073; No. 4 yellow. 72 0 74.
Oats. No. J white, 56%®’57%; No. 3
white. 56056%; No. 4, 55056'%; Standard,
56 % 0'57.
CHICAGO CAR LOTS.
Following are receipts for Thursday and
estimated reteipts for Friday:
IThursday.l Friday.
Wheat '3 T 63
Corn 158 ' 150
Oats 190 ' 175
Hogs . . _ ._. 22,000 ! 18,000
PRIMARY MOVEMENT.
“ WHEA T— ~T~ 1813 I ~»n
Receipts ! 591.000 465.000
Shipments .. ..' 640,000 291,000
"corn" I
Receipts I 439,000 280,000
Shipments 805,000 415.000
LIVERPOOL GRAIN MARKET.
Wheat opened unchanged to %d lower
a' 1:30 p in. was %d higher and %d lower
for Oetoner and unchanged for July.
Closed l/d higher to %d lower.
Corn opened unchanged; at 1:30 p. m.
was easy %d to %d lower. Closed %d to
3 sd lower.
NAVAL STORES.
SAVANNAH. May 16 —Turpentine firm
at 48; sales. 173; receipts. 1.238.
Rosin flrm; receipts. .2,039; water white,
$7 35; window glass, $7.30; N. $7.25. 51,
$7 25; K. $7.22%: I. $7.20; H, $7.17%; G,
$7 15 F, $7.12%; E, $6.80; D, $6.50; C. B,
A. $6.
People of Small Means
are as welcome to participate
in th<> benefits conferred by
this bunk as are men of wealth.
The American National Bank
recognizes as its legitimate
function helpful co-operation
with those of modest income,
and highly appreciate the sup
port which it receives from
this class.
People who desire to open a
modest cheeking account, in
vest money, embark in a busi
ness enterprise or establish a
saving plan are invited to con
fer with the officers of
AMERICAN
NATIONAL
! BANK
23