Newspaper Page Text
WS M JRKET HE
COTTON.
NEW YORK. May 17. Responding io
Liverpool.cables and to reports of
favorable weather over the Southern belt,
the otton market opened barely steady
whli declines from 6 to 12 points today.
Selling by outside longs added further
pressure upon the liat. After the call the
market was irregular, but showed no spe
cial weakness.
Futures and spots were quiet in Liv
'erpool with prices shaded.
NEW YORK.
Quotations in cotton futures.
- I |j| ~ nil I Pre..
__ , lOpenlHigh I Low.! A.M. I Ctoou.
May . .... 11.21 11.21 ill. fI!U. 31 11.27-29
June .’. : 11 " 2 11.22 11.22 11.22 11.28-30
Jul.'' ■ . . 11 .26 11 .27 11.23’11.26 11.34-35
'us- .. 1 I .31 11.31 11.30 11.30 11.10-41
.•Sept 11 .29 11 .29 11.29 11 .29 1 1.40-42
"el. ... .11.1111.4411.3611.4211.18-50
Y'ov. .- 11.51-53
I’ec. 1 1.48 11.52 11.46-11.51 11.58-59
Jan.'. . ..1 1.40 1 1.48 11.40 11.48 11.52-53
Feb. ... 11 .40 1 1.44 11. 10 1 1.14 11.53-55
■'tar. . ■ . . . 1 1-£>2 IUS 11 .50 11 .51 11,61-62
NEW ORLEANS.
in cotton futures.
i i||j~' |ll:00| Pre,.
" ’Open ,High Low |A.M.| Close
May. .... 11.68 11.71 11.65 11 .71 11 .75-76
June ... 11.33-54
July. . . . 11.82 11.85 11 .80 11,.84 1 1.90-91
August . . 11 .61 1 I .61 11.64 11 .64 11 .71-7 -
September 11.64-65
October .11.50 11.53 11.47 1 1.51 11.57-58
November . 11.58-59
December . 11.51 11.53 11.18 11.53 11.59-60
January 11.61-62
February 11.63-61
M:ii-<-|i 11. 73-74
LIVERPOOL.
Futures opened quiet,
opening. Fret
Range. 2 I'. M. dose. Close.
l '2 ■••• 6.236.26
May - June 'LI.A Jo-6.25 6.25 6.23»« 6.26*5
Ilinc-iTul? 6.26’7-6*26 4 6.26 1 .. 6.21’2 6.27’7
luiy-.\iig. 6.28 ”-6.27’0 6.26 6.26 “ 6.29
\ug.-Scpt.’6.27 -6.26 " 6.27 6.25 628
jS.ept.-QjCt. 6.21 —6.24 6.22
Oct.-Nov. 6.21 -6.22 6.22 6.20 6,23
Nov.-l»eo. 6.-19L.-G.20 6.20 6.lS’_. 6*21
pec. -.lan, '6.194.- 6.19*2 6.18 ~ 6.20’..
Jan.-Feb. 6.19 '-6.20 6.20’7 6,1.8 6*20’7
• FeU-Mur - 6.20’» 6.20’7 6.18*., 6*21
Mar.-Apr. 6.20 “-6.21 *« 6.21’7 6.19’7 6.22
’lcjsed steady.
LIVE STOCK MARKET.
- CHIUA-GO. May ; 17. -Hugs Receipts
15.000: 'jnatkef steady to a shade lower;
mixed and butchers $7,104x8.02: good
heart >7.804/8.02; rough laavt >7.10(u7.'|
Ifrght- i7.35*?> 7.90; pigs $5,504/ 7.10; bulk
7.95.
Cattle Receipts 1.000. mark strong;
•(wvrst §6.WTf’’.::o;’cn‘ws and heifers s2.so'*/
8.00; Stockers and feeders
■Texans $5.80(7/ 7.50; calves $7,004/8.60.
’ -Shchb- ceipts ’ 5,000: market weak:
■*nartivc and' Western <L90'u6.40: lambs.
$6,500.75.-
MINING STOCKS.
.BOSTON. May ; 17.—-Opening. • ’ld Col
ony B;q,. North Butte 7: Indiana 20: May
flower, 11 * 4 .
ATLANTA LIVE STOCK MARKET.
(By W. H. White, Jr., of the White Pro
vision Company.)
(Quotations btteed on aetuA) purchases
j-during' the current week:
_Chbice to good fit errs, ’ 1,000 to 1.200. 6 oo
'*t6:So: good steers. 800 t<» 1.000. 5.506a 6.00:
.medium tb- guf’d ‘steers. 700 to 850. 5.00 d
5.75: good to choice beef cows, 800 to 900.
1 4.7.’> medium to good beef cows, 700
.to SUO, 4.50 q 1.75: good to choice heifers.
756 n. 850. i.aOfc >.50: medium to good
• hr’63o to 756; 4.004/4.75.
e . The above ’represent ruling prices of
. good -Quality JOf beef caiile. Inferior
grades and dairy types selling lower.
H>xed cormfion steers, ir fat. 700 to 800,
•1-....’re 5.00: m.txed common cows, if fat. 600
■ to 800, 4.00<0 ; 4.50: mixed common bunches
. t-> -fiME. 609 .to 800. ’2,75'n3.50; good butch
e i Ou 1 Is. -3.254? 4.00.
' Prime hogs. 100 to 200 average. 7.50'7/
7.7rwrwl biVu her hogs. 110 to 160. 7.40'</>
•7.60; go-m! butcher-pigs. 100 to 140. 7.254?
hglH pjgs . 80 to JOO. 6.00'0'6 25: heavy
rough hugs. 200 to 250.
. .quotations apply to corn-fed
hogs. Mast and peanut fattened hogs, l(u
l’ ; .e and under.
Ab'delate supply of cattle in yards this
week. MiuK?i steads and unchanged.
.Receives rather irregular in quality and
weights. llpHer grades of steers scarce
and strong.
Fair, supply of medium cattle; quality
mostly ordinary...
..Mr. Jafnes T. T -Anderson. 'of Mariella,
was in tl’4; yards-ibis week with the sec
ond load of steers from his feed lots, av
eraging -1.200 pounds. This load
■upped the market for the week.
Air. \ndetson 'is considered one of the
most enthusiastic feeders .we have. Up
prides.-himself on producing the highest
quality. of. beef steers and his offerings
' are.aJwa'.s looked upon with favor by the
iocbl packers.
Hog vc are some better than last
w eel-::, nta r.k e t stead y.
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.
Real Estate For Sale Real Estate For Sale.
BEAUTIFUL eight-ti/om house or a thrbe-ai-r. lot: water and sew
rel.- -lo'vn and paid for: fronts 100 feet on car line: has barn,
hivk'-n runs, fruit trees; an ideal suburban home. With all city con
\‘-.ni' nees. A teal bargain.
ON V'ARREN STREET. KIRKIVO rD. tve have a nice flve-room cot-
•ag" with hail on lot 50x200: plenty of oak shade. This is a real
bargain at -$2,000. on tm-tns ol SIOO easlt, balance S2O pel month. See
its <|tiick. This plepe will not be on the market long.
\TI. \XT.\ SUBURBAN REALTY CO.
..r v: - HEAL ESTATE AND BUILDERS.
::1 “Tinnan Building. Bell Alain 2053
HOME SEEKERS
ARE YOU In 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 cltv or sub
urbs paid for Or half paid for? If so. let us build a house on it to suit your Ideas
end arrange terms like tent or easier. Houses we build range second to none tn
point of workmanship, materia! and beauty. Ask our customers Plans and
»;e cifiea'ions will cost you nothing
(;A*fE CITY HOME BUILDERS
REAL ESTz\T!: \XI» PIJIJ'I Its
b"!.’ Third Bank Building, I’liuiic J\y 3017.
STOCKS.
By CHARLES W. STORM.
NEW YORK. May 17. Sharp realizing
sales of Canadian Pacific in the London
market caused a loss of 3% in that issue
here at the opening of the New York
market today. Later there was a rally.
Although many stocks were under press
ure at the outset, a stronger tone devel
oped at the end of fifteen minutes' trad
ing and a number of stocks which had
suffered declines in the first trading either
reebvered a part or all of their early loss.
Some made gains.
I'nion Pacific was swung by the reac
tion after having opened at 169 6 s. or : s
under Thursday s elosing. It recovered
its loss and made a fractional gain.
t'nifed States Steel, after starting off
recovered. Utah Copper stocks were
in fairly good demand.
The curb was steady.
Americans in London lacked support,
which was chiefly the cause for the early
weakness in the New York market.
NEW YORK STOCK MARKET.
Stock quotations:
i J I I 11 |Fr«.
STOCKS— IQp'n iHighlLow.lA.M. Ici'»«
.Amal. Copper. 83'-' 83% 83% 83'j 83%
Am. Ice Sec... 27 I .’ 27% ~~ 27 27%
Am. Beet Sug. 73 73% 73 73% 73
Am. Smelting 84% 85 84% 85 84%
Am. Can 38 38% 37% 37% 35%
Am. CarFViy... 58% 58% 58% 58% 58L
Am. Cot. oil . 54% 54'. 51'- 54% 53%
\m. Can., pfd. 117'7 1.17'7 118 116% ; 118
Anaconda 42% 42% 42% 42', 42',
Atchison 105% 106 105%’108 105%
'. C. 1 140 149 140 1140 140
B. It. T. ... SK 88’, 86 86% 85%
B. and (> 109 109 109 109 109',
Can. Pacific ... 285 286% 265 266% 268%.
C. and O. .1... 78-% 78% 78% 78% 78%
Den. and R. G. 20% 20% 20% 20% 20%
Erie 35% 35% 35% 35% 35%
Gen. Electric .189 1.69 169 .169 169
Goldfield Cons. 4 4 4 4 4
G. North., pfd. 131 K 131% 131'., 131% 131%
G. North. Ore.. 42'- 42'. 42% 42% 42
Ini. Harvester 122'<> 122%’132% 122'-T22
111. Central 126 ,11:6’126 " 116U(125%
Intcrboro 20% 20% 20% 20% 20%
K. and T ::8 28 28 28 27%
Ixihigh Yalley 17", = 175% 174% 175% 174%
1., and N 159 159 159 159 159
Mo. Pacific ... 39% 39% 39% 39% 39%
N. Y. Central .119 119 119 119 ’ 119%
Northwestern 137“ H 137% 137% 137% 137
Nat. Lead 57% 5<% 57% 57'., 57
Pennsylvania 123'.. 123%'123%'123% 133%
Reading 174% 175% 174% 175% 175
Rock Island . . 27% 37% 27% 27% 28%
R. 1. and S.. pf. HI % 111% 111% HU, 111',
So. Ry., pfd... 74 74 74 74 73%
St. Paul 106 106 105% 1O5'„ 106%
I nion Pacific 169% 170% 169% 170% 170
I’ S. Rubber .. 59 59 59 59 59
l lah Copper .. 82%' 62% 62% 62% 62%
I. S. Steel .... 69% 69%’ 69% 69% 69%
V-Car. Cheni. 51' ■ 51'.. 51 % 51% 51%
\t Union . 82'., 82% 82', 82% 82%
GRAIN.
CHICAGO. May 17.—Wheat opened
strong this morning to the surprise of
many in the trade, the principal influence
being the fact that Liverpool refused to
follon the break in prices in this market
yesterday, together with smaller world's
shipments and smaller receipts in the
Northwest. Prices ranged from %c low
er to %c higher. Trade was large and
the feeling was nervous. After the early
trading was over commission house sup
port appeared and profit-taking by shorts
caused a little rally.
Corn was l%c higher for May. while
the other months were % to %c better.
There was no break in the ranks of bulls
in May corn and the shorts will doubtless
have tn pay the penalty.
Oats were %c lower to %c higher. The
market was weak and nervous and early
trade was confined within narrow bounds.
Provisions opened irregularly, being
higher for perk, but lower for lard and
unchanged for ribs. There was a weak
feeling early on free selling, but the mar
ket soon rallied on the better hog situa
tion in the West.
CHICAGO GRAIN MARKET.
Open. High Lorr. Ilan,
WHEAT
May 1.1.1% i.i2 t.ii% 1.11%
Jttly ..... 1.08%. 1.09 1.07% 1.08%
Sept. .... 1.03% 1.03% 1.03%. 1.03%
Dec. . . . . . 1.03% 1.03% 1.03% 1.03%
May ... 78 78% 78 78%
July 74% 75% 74 74%
Sept. . 73 73% 72% 73%
Dee 62-. 62% 62'-. 62’..
OATS—
May 53 ■, 53 >2 53 53
•luly 49% 50% 59% 59%
Sept 42 42% 42 42%
PORK-.-
July 18.55 19.00 18.55 18 80
Sept. 18.70 18.70 18.70 18.85
LARD -
July ... .1.0.70 10.70 10.70 10.70
Sept 10.97% 10.97 L. 10 92% 10 O'’’..
BIBS— ‘ “
July .10.25 10.25 10.25 10.2.5
Sepl. .... .10.12'., 10.50 10.42% .10.50
COTTON MARKET OPINIONS.
Thompson. Towle <S- Co.: We are not
prepared for active speculative interest in
the market.
Stemberger. Sinn * Co.: We do not
look for anything but traders market for
the present.
Dick Bros.: Sentiment seems to be con
fused
Miller & Co.: The short side appeals to
us.
Hayden. Stone 4- Co.: An unbiased view
would seem to favor a decline from cur
rent levels.
THE ATLANTA GEORGIAN AND NEWS: FRIDAY. MAY 17. 1912.
GOOD WEATHER
Lo«™
Market Closes Lower Than the
Preceding Day—Realizing
Pulls It Down.
I
, NEW YORK. Al ay 16. While early
nev. s 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
lirst 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
i the buying around the opening, and the
market was sold off 7 to 8 points. This
I selling, it is said, was based on better
' weather over the belt. Some of the local
weather experts predict more rain in the
next few days and this checked a further
decline under the heavy selling. The buy
ing on the decline came from strong in
terests. It is believed that strong spot
interests arc- picking up July on all soft
spots and strong Wall Street operators
are buying December. No reason to fear
a de* line 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.
Tn th* last hour absence of support and
realizing sales resulted in a setback to
the low levels of the morning, the clofce
being barely steady at 2 to 8 points de
cline from Wednesday’s final quotations.
RANGE IN NEW YORK FUTURES.
11 I§ I I F'l s *3
IO|K |“ j u to
May T 1.30 11.35 11.30 11.35,1 1.27-29T136’31
June 11.28-30 11.30-32
July 1 1.40 1 1.43,11.3211 1.34|11.34-35 11.37-39
Aug. 11.46,1 1.46 11.46 11.46 11.40-41 11.43-45
Sept. 1 1.50 11.50,11.47
Oct. 11.57 11.60 11.48 11.50 11.48-50 11.55-58
Nov. 11.61 11.61 11.61 11 61’11.51-53 11.58-60
Dec. 11.65 11.68 11.58 11.59 11.58-59 11.65-66
Jan. 11.61 11.63 11.52 11.52 11.52-53’11.60-61
Feb ' .....11.53-55111.61-63
Mar, 1 1.70 11.73:11.61 11.61 1 1.61-62 11.69-70
Closed bare!.' steady.
Liverpool was due 2 to 2% lower on old
and unchanged on new eropa. Opened
quiet, unchanged to 1% points higher. At
12:15 p. m. was steady at a net advance
of 3 to 4 points. Later cables reported a
decline of % 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 1 %, to 3 joints 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. Free.
Range. 2 P. M. Close. Close.
May . . 6.31 -6.30 6.31 6.26% 6.29%
May-June 6.30 -6.32% 6.31% 6.26% 6.29%
June-July 6.29 -6.36 6.32% 6.27% 6.30
July-Aug. 6.32 -6.34 6.33% 6.29 6.31
Aug.-Sept. 6.31 -6.33 6.33 6.28 6.29%
Sept.-Oct 6.25 6.27
Oct.-Nov. 6.25 6.28% 6.28 6.23 6.25
Nov.-Dec. 6.24 -6.25 6.25 6.21 6.23
Dec.-Jan. 6.22%-6.23 .... 6.20% 6.22%
Jan.-Feb. 6.23%-6.26 6.26 6.20% 6.32%
Feb.-Mar 6.21 6.28
Mar.-April 6.24%-6.23'i . 6.22 6.23%
Closed barely steady.
HAYWARD 4 CLARK’S
DAILY COTTON LETTER
NEW ORLEANS, May 16.- A crop au
thoritv- in Shreveport says: "Crop this
section has made satisfactory progress.
While precipitation at times has been ex
cessive. it was beneficial to germination.
Occasional showers now would be bene
ficial. Condition of crop quite up to
I average of past .'’ear: planting about com
pleted. Fully 50 per cent chopped. Cot
ton acreage increased 12 to lo per cent.
To what extent acreage of Louisiana will
be affected by overflow can not be said.
Doubtless much of the overflowed land
will be planted when waters recede, and
it may be safe to figure 10 per cent acre
age increase for the state if dry weather
continues.”
With the present spell of fine weather
and prevailing northwesterly winds, the
’ river is falling and more satisfactory ac
| counts are already being received from
some of the overflowed districts.
I Cables from Liverpool indicate that the
i market is nervous over bad weather and
I crop reports. Futures were about 4 point*
I higher than due. but broke 6 points in
| the last hour when facts about yester-
I day's weather became known, and the
government forecast promised further fav
orable weather. Spots were t point lower
uur market showed a disposition to
ease on better weather and more favor
able crop news, but support in New York
caused 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 LN NEW ORLEANS FUTURES.
£ - I - 5 ! *8
I o ’ S I J |JU> L» t-u
May - 11.82 TLB2 1L77iH.77 1 f 75-76 11.81-84
June 11.77-79 11.83-86
Julv 11.95'12.00 1 1.80 11.90 11.90 11.96-97
I Aug 11.74-76 11.81-83
Sept". : 11.84-66111.71-73
Oct. 11.64 11.68 11.57 11.57 11.57-58 11.65-66
Nov 11.58-59111.66-68
Dec 11.67 11.71 11.51 11.59:11.59-60 11.67-68
.Tan. 11.70 11.72 11.52 11.62 11.61-62 11.69-70
p-eb 11.63-65 11.71-73
Mar'. 11.82 11.82 11.75 11.70 1 1.73-75 11.81-84
Closed steads'.
PORT RECEIPTS
The following table shows receipts at
the ports today compared with the same
day last year:
i _ J __l9ll. "
New C'rleans. . . . | 1,905 I 7,100
Galveston : 1,099 I 906
Mobile 201 ' 402
i Savannah 1,016 l 1,324
I Charleston 124 1 539
(Wilmington 203 177
i Norfolk 876 1,103
j New York I •■-. 50
I Pacific coast j_. •( I
~~Totai. I 18,290 | 12,102
INTERIOR MOVEMENT.
■ i9i2. j imi
I Houston I 846 449
’Augusta 1 582 152
1 Memphis. '*os 847
St. Lowls . ... 794 453
Cincinnati 1.:''68 1,334
Little Rock .... .... 70
~Total~~. ■ ■ * 5,075' 3.305~~
SPOT COTTON MARKET.
Atlanta, steady; middling 11%.
New York, quiet; middling 11.75.
New Orleans, steady; middling 11 13-16.
Liverpool, steady; middling 6.55 d.
Savannah, steady; middling 11 9-16.
Augusta, steady: middling 12c.
Mobile, steady: middling 11%.
Galveston, steady; middling 12c.
Norfolk, quiet: middling 11%.
tvirtnington, steady; middling 11%.
Little Rock, quiet; middling 11%
Charleston, quie middling 11%
Louisville, firm; middling 11’1.
I’liiladelphia. steady: middling 12c
Boston, quiet: middling ,1.75.
Baltimore, nominal: middling ip,
Mentphis.'sieady: middling 11%
St. Louis, steady middling 11,
Houston. stcad> : middling 11%
j Louisville, firm, middling 11%
(news AND GOSSIP;
Os the Fleecy Staple
(From Haj ward A- Clark. •
NEW YORK, May 16.-Carpenter. Bag
got & Co.: The market is narrow and i
appears favorable to a tern- '
porary decline. In other words, it looks
as if we would have lower prices tempo- I
rarily, then would favor buying. We <lo
not favor the short side. All reports and
conditions are extreme!?' bullish, but the 1
market is narrow and susceptible to slight I
influences either wax.
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 in 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 do with the decline in the
market. This year’s acreage is scheduled
to come out on June 4.
Market was sold oft early by Waters.
Schill and ring. Waldorf crowd good sell
ers.
NEW ORLEANS. May 16. Hayward &
Clark: The weather map shows fair west
of Alabama, partly cloudy to fair in Ala
bama and Atlantics, light showers and
heavier precipitation shown is Memphis,
.26; Birmingham, .36; Augusta. 1.30.
Warmer in west Texas. Indications are
for generally fair and warmer.
Greenville, Miss., says: “Planters more j
ihopeful: waters continue to recede slow
ly, and while as yet only the slightest re-
I lief from the distressing flood conditions.
I planters still hope there will be a cotton
I crop made.”
New Orleans Times-Democrai: Neither
faction appears willing to credit any por- |
ticn of the others 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 ver? much later
than last year. The weather has been
very unfavorable until recently, when im
provement has been shown. This gives
the bull the impression that a crop dis
aster is inevitable and that ver?’ 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 must be pro
duced if ver? - 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 through the de
velopments of the past twelve months
The New Orleans Tlmes-Democrat:
Much difference of opinion was expressed
as to the cause of yesterday's cotton mar
ket advance. There was the unfavorable
forecast. Then there was a noonda?
weather report showing cold rains in
Texas. Dwindling port and interior
stocks exert a continuous influence, while
the willingness of the talent to sell short
during recent weeks now helps a rising
market. Lukewarm bears, however,
seemed read?' to admit that anything
bordering on bad weather in the near fu
ture is to be construed as a bullish fac
tor. while those bears who are uncompro
mising in their confidence in lawer prices
explain advances on the ground that pow
erful speculative influences are at work,
on the other hand, bulls found in
strength of yesterday’s market much that
seemed to prove their theor? that the tal
i ent is short of contracts and that the
I trade is short of cotton, and that so long
as the new crop outlook remains shad
owed b? bad weather dips in prices can
onl?' be. temporary. Ateanwhile the net
result of several weeks reactionary es
fort is onl?’ 21 points, or $1 a bale on July.
_ THE WEATHER
Conditions.
WASHINGTON. May 17.—The weather
will be fair tonight and Saturday over
the eastern and southern portions of the
country with somewhat lower tempera
tures tonight in New York and the Middle
Atlantic states. It will be slightly warmer
Saturday in the Ohio valley.
General Forecast.
Virginia—Fair tonight; Saturdaj fair;
| slightly warmer in the southwest por-
I tion.
i North Carolina Fair tonight; cooler in
the extreme eastern portion: Saturday
: fair.
South Carolina —Fair tonight and -Sal
| urday.
Georgia—Fair tonight: warmer in the
northwest portion: Saturday fair.
Florida —Generally fair tonight and Sat
urday.
Alabama and Mississippi—a Fir tonight
and Saturday: slightly wanner tonight in
northern portion.
Louisiana. Arkansas. Oklahoma and
West Texas -Fair tonight and Saturday.
Hast Texas Increasing cloudiness to
' eight and Saturday.
LIVE STOCK MARKET.
CHICAGO. Maj 16. Ilogs Receipts
I 22,000. Market 10c higher: mixed and
I butchers $7.40@8.02, good heavy 87.80ir
18.05, rough heavy 87.40'a7.65. light 17.35®
17.92. pigs $5.50(<x7.10. bulk $7.80®7.95.
Cattle- Receipts 4,500. Market strong;
’ b ee ves $6.10©9.30. cows and heifers ?2.so'<t
’ 8. Stockers and feeders $4.85®6.85, Tex
! ans $5,801x7.40. calves $6.50@8.25.
i Sheep Receipts 10.000. Market weak;
i native and Western $4.75@6.10. lambs
| $6.25® 8.90.
WOOL MARKET.
ST. LOUIS. Maj 16.--Wool steady.
I clothing, 20%®21; light line. 15® 19: heavy
'tine. 12®15; tub washed. 27'0.30.
BOSTON. Maj' 16. New wool is rapidly
i supplanting old stock, with prices holding
steady. Considerable bujing is in progress
land especially in new territory wool of
! all grades, while high prices are quoted
: for nearbj fleeces. Report from the West
I indicate that there lias been a falling
I off in the bidding for the new stock, some
i of the Western buyers claiming that
; prices of the growers are too high.
POULTRY. BUTTER AND EGGS.
NEW YORK, Maj' 16.—Dressed poultrj
quiet; turkeys. 13022; chickens, 16(1x28:
fowls. 11%@16%; ducks. 13W22; geese,
11@16. lave poultry steady: fowls. 16
(asked >: geese, 8® 9.
Butter easier; creamery specials, 30®
30%: creamer.'- extras, ' ’9®29%: state
dairy, tubs. 24®30: process specials. 27'.
®2B'
Eggs steady: nearbj' white fancy. 24
(asked): nearbj' brown fancy. 21t bid >:
extra firsts, 22 (bid); firsts, 19@20%.
COTTON MARKET OPINIONS.
.1. S. Bathe & Co.: We still believe
the distant positions a purchase on any
I decided reaction.
Sternberger. Sinn A- *’o.. Ti c market
I should afford good trading opportunities,
i Thompson, Towle & Co.: For the time
being wc prefer bujing the new crop
, months.
Rally A- Montgomer; : V\ c believe tl •
I general outlook’ poor enough and prices
reasonable enough to warrant buying on
; a scale-down.
NEW YORK GROCERIES.
I N Efi YORK. Maj' 16. —Coffee quiet; No.
I? Rio spot. 14%®14%. Rice steadj'; do-
I mestic. ordinary to prime, 4' ' Mo-
i lasses quiet; New ' trleans, open kettle,
' 40® 45. Sugar, raw, quiet; centrifugal.
$3.92: muscovado, 3:42; mdlasses sugar.
I 3.17. refined, quiet; standard granulated,
&.05'<i5.15; eut loaf. _5.90; crushed, 5.80;
mold A, 5.50; cubes, 5.25®5.35; powdered.
5.10® 5.20; diamond A. 5.10; confectioners
A, 4.85u5.95; No. 1. 4.85®5.95. No. 2,4.8 n
64.50' No. 3. 4.75144.85; No. 4. 4.70® 4.80.
I'heese firm; white milk specials. 16'«
(ibid,; whole milk fancy. 16 (bid): skims,
specials. 11'1111%: skims, fine 9'•'-tin’,:
full skims. 7 (bid).
NAVAL STORES.
SAVANNAH. .Maj 16. Turpentine firm
at 18; sales. 17:’.; receipts. 1.338.
> Rosin firm: receipts. 3,039: water while,
(.'7.35: window glass. $7.30: N. 87.25; M
; $7.25 K. $7.22’ ■■ I. %.'.’(? 11. '7.17' . G
.’7.15 F, $7 1..''., sci. $6 S». I'. $« '.<l. I', B
i A. SB.
LEADING STOCKS
MAKE BAD M
Sharp Declines Recorded Dur-,
ing Late Trading—Market
Develops Weakness.
By CHARLES W. STORM.
NEW YORK, Maj 16. Practicall.v all !
the stocks on the list were under pressure |
at the opening of the stock market today. ,
The heaviest loss was sustained by Ca
nadian Pacific, which at the outset sold I
at 267%. or I%under last night's closing.
This was the first time this week the
market failed to show a strong tone at
the opening. There was almost a com
plete absence of demand. Steel yielding
about half a point in the first few min
utes. Lehigh Valley opened %c off, but
later rallied. American Smelting de
clined %. The same gain was made in
Amalgamated Copper, but prices subse
quently reacted. Erie common anti
Southern Rail way • stat ted with losses
of 'ft ■
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
dosed exchanges in Paris and Berlin,
where a holiday 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 railroads and in
dustrials made slight gains.
After losses ranging around 3 points In
Reading. Lehigh valley and Union Pacific
and substantial reactions in many other
issues in the late afternoon, a firmer tone
prevailed in the last hour.
The market closed steady.
Government bonds unchanged; other
bonds steady.
Stock quotations:
i I ILastlClos |Pr«v
STOCKS— IHighlLow.lSaie.l Bid.lCJ’sa
Amal Cupper. Si 82"» 83%: .... 83
Am. Ice Sec... 27% 26% 27% ....' 27%
Am. Sug. Ref. 131% IXO 131 .131%
Am. Smelting 85% 84% J|% . S5 7 *
\m. Loconto... 12% 41%' 42 42’.j
Km. Car Fdy . 59 58% 58% .... 59%
Am. Cot. oil 54-, 53% 54% .. 54%
Am. Woolen . 29
Anaconda . 43 -11%, 42%' ' 42%
Atchison 106% 105% 105% ... 166%
A. 1. . .T4O
Am. t'an ... 40% 36% 38% 40'..
do. pref. .. 118% 116 118 I .... 118%
Jm. Beet Sug. 74% 71% 73%l ....' 74%
Jm. T. and T. 145’, 145% 145% .... 145%
Am. Agricul. . 60% 60 60 . ...I 60%
Beth. Steel 38% 37% 37'-' . .. 39
B. R. T 86% 85 85% ....' 85%
B. and 0 109% 109 109 ! ....11.09%
Can. Pacific .270 267'., 268%| ....1268%
Corn Products 16>.. 15% 16 ...I 16%
C. and 0 80% 78% 79',! . . ’ 80',
Consol. Gas . . 142% 141% 141% .... 142',
Cen. Ijiather . 26', 26% 26%| 36'9
Colo. F. and I 29 28% 29 29
<'olo. «-%uth 43
I*, and H liO% 169% 170'- .... 170%
Den. and R. G. 20',' 20%' 20', .... 20%
Distil. Secur i 32%
Erie • 36% 35', 35% ...I 36%
do. vrel .. 53% 52% 54 ...I 54%
Gen. Electric . 169%, 1.68 Z 168% ....’1.69'.,
Goldfield Cons. 4 4 i ....' 4 ~
G. Western .. 18 18 18 15%
G. North., pfd. 131% 131 131 .. . 131%
G. North. Ore.. 42% 41% 42 . .. 42
Im. Harvester 121 * 120% 121 . ... 119',
111. Central .... 1J5% 125% 135% .. 125%
Interboro .... 20% 19% 2" , ... 2<1%
do, pref. .. 59% 58Z 58% . ...' 58',
lowa Central I 12%
K. C. South.... 25% 25% 25% ....' 25%
K. and T I 27 ~
do, pref : 60%
L. Valley . 1 76'- 1 74% 174% .176%
L. and N. . 159% 158',. 159'- . . 16n
Mo. Pacific . . 40% 39% 39% 40%
N. V. Central 119%. 118', 11!".. ~..i!5%
Northwest.. .' L3B 136% 136% .... 118'..
Nat. Lead . . 57 57 57 ... ' 56%'
N. and W. . 113% 112% 112% .113
No. Pacific 119% 118'., 119% H'i%
O. and W . . 38% 38% 38 ... 38%
Penn.. . . 123% 123% 123%. . ... 123%
Pacific Ala.il . 32% 32% 32% ....' .12%
P. Gas Co. . .... • 101";
P. steel Car 35’-.. 35% 35% .... 35%
Reading . . 176% 173% 175 ..'177
Rock Island 28% 27% 27% . .. 28%
do. pfd.. . . 51 : ;>6% 06% . ’ 57
11. I. and Steel 24% 23'- 23'- ....' 24%
do. pfd.. So 80 SO .... 80
S.-Sheffield 1 51%
So. Pacific . . 111% 110% 111'» ....'ll2
So. Railway . 29 28% 28% ....' 29%
do. pfd.. .74 73% 73% . ..' 7"-
St. Paul . . .107 106% 106'- ....107%
Tenn. Copper 44 42% 13% .... 42%
Texas Pacific ....’24
Third Avenue 40% 40% 40%l .40
Union Pacific 172% 169% 170 1 ...172%
U. S. Rubber 59% 58% 59% ... 59
Utah Copper 83% 62% 62% ... 63
U. S. Steel . . 70% 68% 69% .. 70%
do. pfd.. . :110% 1.10% 110% ....110%
V. Chem. 52% 51-, 51% ....' 52
West. Union . 83 82% 82%’ ....' 88
Wabash ....' 9
do. pfd.. .21% 21 % 21% .... 21%
IVest. Elec.. .... 75
Wis. Central . .... 1 .... .... 1 ... J 53
W. Maryland ... 59
Total sales. 915,615 shares.
MINING STOCKS.
BOSTON. May 18. Opening, old Col
ony 9%. Ind'ana 20'... Smelter preferred
’B%. Butte Superior 36%, Arcadian 4%.
May flower 11.
COCA t- STOCKS ANO BONDS
Bid Asked.
Atlanta A West Point R. R... 149 ns
American National Bank ... 205 ?)«
Atlantic Coal & Ice common. 102 104
Atlantic Coal & Ice pref 93
Atlanta Brewing & Ice C 0... 17$
Atlanta National Bank .... 325
Central Bank A Tr-'st Corp.. 149 jg #
Exposition Cotton Mills 16fi jgg
Fourth National Bank 225 230
Fulton National Bank 125 130
Ga Rv. & Elec, stamped.... 127 ]gi,
Ga Rv. & Pow. Co., common 28 31
do. Ist Pfd *2 s7l/.
do. 2d pfd 4-> 45
Hillver Trust Company 13$ jjq
Lowt- National Bank 248 250
Realty Trust Company'...,... JOB jyy
I Sixth Ward Bank 99% 101
1 Southern Ice common 72% 74
Third National Bank, new .. 209 219
' Trust Co. of Georgia 212 214
! Travelers Bank A Trust Co.. 12> J 26
BONDS.
! Atlanta Gas Light Ist 55.... 104% ...
Georgia State 4%5. 1915 .... 101 103
Georgia Midland Ist 3s «fl 43
Ga. Rv. * Elec. Co 5s 191% ...
Ga. Ry. & Elec. ref. OS 99 99%
Atlanta Consolidated 5s ..... 'O4
' Atlanta Northern Ry 55.... 95
Atlanta City 3%5, 1931 91 98
Atlanta City 4' s, 1921 103 105
Southern Bell 5s 9»%
COTTON SEED OIL.
Cotton -rri - , 1 q!]otatloi)s:
1 )pen ' n C- 1
Spot • 7.l o'rz 4.
Ma? ” ::u
Juno . .. •1 .TO 1 1 u**7 7.1"
Jula 7."0 . 1 7.n2 7 IS-7 7.-•)
AujTUPI • •• 1 0 I 7.21V/7.L'H
September . 7.29'<i7.”0
October . ■ u •’’? 7.26''z7.27
November 6.i3'*z6.85 6.70'f/6.75
i >.-< milH" •. %7'*/•;. .0 >; K 27/ 6,65
’ ('losed weak; >ales 16,100 barrels.
NEW YORK COFFEE MARKET.
Coffee quotations-
. <q '»nius. i ch ng
Januarx - ... I”.j7y 13.63 I‘i. 13.67
February .... 1 •”..•••*'o U. 60 13.657/13.60
Marcli 13.»j0'(i13.«3 J 3.6B'*’ 1 3.6'.'
\pril . . . L’».’>B'u 13.65 13.687t13.6U
Max SO 13.45<u13. 17
Julie 13.40 V 13.66 I3.4M'*/ ].!. I'-
Julv 13. 13.17 13.52'*/13.53
August 13.50 T/ 13.65
Sept rm I tef .... 13.60'013.67 I-”.. 71."*/13.73
< ’ct'iber 13 60'*/ 13 6.7 !3.7n'a 13,71
Novemhp! !3.7ii'«7 13.60 13.67'*/ 13.6!'
I 'euctriboi 15. z o 13.6 H 13.*.h z -i |.; ♦,.
.-.T ’4 /<!' -ill* - 46.; • »
!ATLANTA MARKETS
I
UGGS Fresl: <-ountry candled. I7<nlßc.
BUTTER—Jersey and creamery, m lib.
blocks, 20'-®2sc: fresh country dull. 12%. |
a 15c (r-r pound.
DRESSE D POUI.TRT—Drawn, head and
feet on. p,r pound. Hens, 17® 18c: fries.
"o@27c Roosters. '.jilOc. Turkey#, ow
ing io fatness, 18®20c.
LIVE POULTRY—Hens. 40045 c: roost- I
XT's. 254/55c; fries, 30W50e: broilers. 25® 1
90c; puddle ducks. 35<<i40c: Pekin ducks. [
<o'u 45c: geese. 50®60c each; turkeys, ow- :
ing to fatness. 17'3180.
_ FRUITS AND PRODUCE.
FBI IT AND VEGETABLES—Lemons,
fancy, $3.50® 4.50 per box. Florida;
oranges. $3.00(33.50 ;>e- nex. Bananas, i
4®S'- per pound. Grape fruit, $5.00®. ■
per crate. Cabbage, l'-®2c per pound. |
rlorida cabbage. $2®2.50 per crate. Pea
nuts. per pound, fancy Virginia. b%@7c;
l»%®6c. Beans, round green
J-00 per crate Florida celery,
$2,004/2.50 per crate. Squash, vellow. pet
six-basket crates, 81.50® 2.00. i.ettuce.
tanev, $1.25® t. 50; i-huiee. $L25®1.50 per
crave. Beets. $3 00® :: 50 per barrel. Cu
cumbers. 75® SI.OO per crate. English
pen.-', per drum. $1.00®'1.25. New Irish po
tatoes, pep barrel. 44.50®5.00 per barrel.
Strawberries, s®6c pel’ quart.
Egg plants. $2.5063 00 per crate. Pep
per. $1.7502.00 per crate. Tomatoes,
fancy, six-basket crates, $2.50®.3.00;
choice tomatoes. $1.7562.00. Pineapples.
$2. >00:1.00 per crate. Unions, $2.00® 2.50
perj9us):el. Sweet potatoes, p. yam, $1.50
.TL"' i' er bushel. Cranberries. sll.oo®
12.00 per barrel; 50c per gallor.
PROVISION MARKET.
(Corrected by White Provision Ce.l
Cornfield hams, 10 to 12 lbs. averaga,
]«%<•.
Cornfield hams, 12 to 14 lbs. average
16%c.
Cornfield skinned bams, 16 to 11 Iba.,
1 < %!'.
Cornfield picnic hams, 6 to 8 lbs. a»er
-12 %<’■
Cornfield breakfast baton. 23c.
Grocer style bacon (wide or narrow).
17%e
Cornfield fresh pork sausage (link or
bulk), 25-lb. buckets. 12c.
Cornfield frankfurters. 10-Ib. buckets,
age. 10..
Cornfield bologna sausage, 25-lb. boxes,
9c.
Cornfield luncheon hams, "5-lb. boxes.
11c.
Cornfield spiced jellied meats in Id-lb
dinner palls. 10c.
Cornfield smoked link sausage, 25-lb.
boxes. 9c.
Cornfield smoked link sausage in pickle.
50-!b. cans, $4,25.
Cornfie'd frankfurters In pickle, 15-Ib
kits, $1.09
Cornfield pickled pigs feat, 15-lb. kits.
SI.OO.
Cornfield pure lard (tierce Basis), 12%c.
Country stria cure lard. 50-lb. Uns only,
12c
Compound lard (tierce basis'. 10c.
D. S. extra ribs. 11%, .
D. S. rib bellies, medium average.
12 %c
D. S. :1b beibe.s, light average, 12%c.
FLOUR Ak't) GRAIN.
FLOUR Postell's Elegant, $7.50: Gloria
(self-rising). $6.50; Victory tlinest pat
ent). $6.75: Faultless, finest. $6.50; Swans
down '"highest patent), $6.25; Home
Queen (highest patent). $6.00. Puritan
highest patent).. $6.00: Sun Rise ihalf
patentL 55.50; Tulip Hour. $4.50; White
'■'.mid (highest patent'. $5.75: Diadem
(highest patent). $5.50; Farm Bell, $5.40:
Paragon 'highest patent). $6.00: White
Lil’ (highest patent), $5.75: White Daisy,
$5.75: Southern Star. $5.50: Sun Beam,
$5.50: 0.-can Spray (patent). $5.50
CORN-Tennessee White, red col>,
$1.10: No. 2. white, $1.09: cracked. $1.05.
vellow, $1.09: mixed. SI.OB.
MEAL-Bolted. 12-lb. sacks. 92c: plain.
144-lb. sacks. $1.01: 96-lb. sacks. $1.02;
48-lb. sacks. $1.04: 24-lh sacks. $1.06.
OATS Fancy white clipped, 74c; fancy
white. 73c: mixed, 72<‘.
(•OTTI'N SEED MEAL Harper, $29.
COTTON SEED HULLS—Square sack*
SIO.OO per ton.
FEEDSTUFF.
SHORTS--Halll/iay white, 100-lb. seeks
$1.95; fancy, 75-lb. sacks, $1.90: P. W.
75-lb. sacks, $1.85; Brown, 100-lb. sacks,
$1.75; Georgia feed. 75-lb. sacks, $1.80;
bran. 100-lb. sacks. $1.75; pure 75-
lb. sacks, $1.70: Homocline, $1.85: Germ
meal. Homco. $1.80: sugar beet pulp, 100-
lb. sacks. $1.55: 75-lb. sacks, $1.60.
t'IHUKEN 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.to: Suc
cess baby chick. $2.10: Eggs. $2.20: Vic
tory baby chick. $2.30: Victory scratch,
60-ib sacks. $2.25: Victory scratch, 100-
lb. sacks, $2.15: Chicken Success baby
chick. $2.10: wheat, 2-busftel bags, per
bushel, $1.40: Rooster chicken feed, 50-lb.
sacks. 51: oystersbeil. 80c.
GROUND FEED—Purina feed. 175-10.
sacks, $2.00: Purina molasses feed. 52.00:
Monogram. 100-lb. sacks, $1.70: Victory
horse fed. 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, 51.65; cane seed,
orange. $1.40: Wheat (Tennessee), blue
• tern, S’.4o: rye (Georgia) $1.35: Applet
oafs, 85c; red rust proof cats. 72c; Burt
oats, 75e: Texas rust proof oats. 70c; w in
fer g-azlng. 70c: Oklahoma rust prod
50c: b’ue seed oats. 50c.
;IAY- Per hundredweight: Timothy,
choice alrge bales, $1.90: Timothy, choice
third bales. $1.60: Timothy No. I, small
bales. $1.85-: alfalfa hay. choice. $1.65;
Timothy No. 2. $1.50: Timothy clover
mixed. $1.45; clover liay. $1.50; alfalfa
haj, choice. $1.50: alfalfa No. 1, Si.7o;
alfalfa No 51.25: peavine hay. $1.20;
shucks. 70c: wheat straw. SOc; Bermuda
huv, SI.OO.
GROCERIES.
SUGAR-Per pound. Stannard granu
lated. s s .c: New York refined. 5%c; plan
tation. 6c.
t’OFI'EE Roasted 'Arbuckle's), 521.25;
AAAA. $14.50 in bulk; In bags and bar
rels, 52.10: green. 19c.
RlCE—Head. 4%©5%e: fancy head. 6%
@6' : c according to grade.
LARI’ Silver leaf. 12' ? c per pound-
Soco. 9'sC per pound: Flake White, 9%c
per pound: Cottolene. $7.75 per case:
Snowdrift. $6.25 per ease.
CHEESE Fancy full cream. 22c.
SARDINES—Mustard. $3 per .case; ene
quarter oil. $5.
MISCELLANEOUS—Georgia cane syrup
38c; axle grease. $1.75: soda crackers, 7%c;
per pound; lemon crackers. ?c: oyster. 7e;
ton aloes <2 pounds). $2 case: 3 pounds,
$2.75; navy beans, .$2.10; Lima beans. 7%c:
Shredded biscuit, $3.60: rolled oats. 54 per
.case, grits (bags/. $2 20; pink salmon,
$5.10 per case: pepper. 25c per pound: R.
E. salmon. $7.50: cocoa. 38c; roast
beef, $3.80; syrup, 30c per gallon. Sterling
ball potash $3.30 per ca e; soap. $1.50®4
pe r case, Rumford baking powder, $2.61
per case.
SALT > >nc hundred pounds, 49c; salt
brick (plain), per case. $2.25; sait brlc'.t
medicated), per case, $4.85; sait red rock.
100 pounds. $1; white rock. 100-lb sacks,
90c; 25-lb. sacks, 18c.
F'sh.
FISH Bream and perch, 6c per pound;
snapper. 9<: per pound; trout. 10c per
pound: bluefish. 7e per pound; pompano.
■2oc per pound: mackerel. 15c per
pound: mixed fish. 6c per pound: black
)> -i. 10c per pound: mullet, $ll.OO tier
barrel.
HARDWARE.
PLCiWSTOCKS- Italman. 95c: Fergu
son $1.05.
A.YLES S< ,50 7 per dozen, base
SHUT- s:’ 26 per a'-I-.
SHOES Horse. $4.50 ■/. 4.75 per I.eg
LEM) Bat. i%i per pound.
NAILS Wi.-e. $2.6;„ ba.—
IRON—Per pound. 3c base: Swede s'»c
NEW YORK PRODUCE MARKET.
:
NEW Y'tRK. May 16. Wheat quiet:
I July $1.16% 'a 1.16% : spot. No. 2. $1.24 % in
| elevator, SL24 f. o b. Corn steady : No. 2.
I in elevator, nominal: export No. 2 87'5
t'. o. b.. steamer nominal: No. 4 nominal,
oats easier: natural white 621/64: white
clipped 64® (»<». Rye quiet No. 2 nomin
al f o. I). New "i oi l-,. Barley steady:
malting $1.2501.28 e. i f. Buffalo. Hay
steady: good to prime $1.400 1.6.1. poor
to fair $1,251/ |,5«. Flour dull: spring pat
ents $5.7006.20; straights $5. I'll/5.60.
clears $4.850 5.10. winter patents ;s.'.'O®
6.straights $5 3505.60: clears. <t 75®
: 5.0".
i Beef siead.- famUi >' s""'// 18.1" t'.-ri.
dull: mess $20.500 21.25: family $2i».25®
I 21.50. i .aril st eady : <-it y st can '" %'a I 0 ,
; mirldle Wesi spot II Ii ■.. Tallo-a stead':
!iit.' ’n li'jg.slteads, ii%®'i’-;, I'luntt'j, m
; ,j,-,. as. 60$ .
I
GEREIILMARKETS
WEAKAND LOWER
Wheat. Corn, and Oats Close
at Declines Ranging From
7-8 to 4 3-4 Cents.
ST. LOUIS CASH QUOTATIONS.
Wheal X). 2 red 122 ©l24 1 <
Corn 81 @
Oats .
CHICAGO, Ma? 16. Wheat opened un
settled and a little lower on continued
favorable crop news and further rains In
the winter wheat belt. All the losses
were s«»on regained, however, under mo<l
erate buying. Trade was small. Con
siderable support came from shorts. Liv
erpool came %d higher to J s d lower.
Broon.hall attributed the strength to cov
ering by May shorts and reports of the
reduced crop prospects.
Corn was full?’ sustained to a shade
higher at the opening by wet weather
There was little doing.
oats were to Uc higher. \ good de
ma nd was the strengthening factor.
Provisions opened unsettled with pork
lower and ribs and lard stronger. There
was a fair commission demand early, bin
selling by longs soon began and the mar •
ket rased off.
Wheat closed sharpl?' lower with prices -.
showing losses ranging from 2 to 4%c, the
Ma? option showing the greatest loss
While the market was heav? all day. it
became panick.v in the last half hour of
thr session and prices went to pieces.
TJberal receipts, favorable crop reports
and weakness in coarse grains sapped
the strength. Toward the ctose general
selling of long wheal on stop orders be
gan. The big longs stood aside and let .
the market take its course.
Corn also dropped sensationally, prices
at thr close showing declines ranging
from I 7 * to l l sc. After an earl?’ show of
strength thr market was /lull and feature
less - ' until just before the close, when it
went to pieces with the other grades on
general selling.
Oats closeo sharpl? lower with the
other grains, final prices showing losses
of to 2 3 a<. The break in wheat was
the big influence.
Provisions closed with losses in pork
of 80 to 85c. in lard of 12c to 15c and in
ribs from 17 to 22 , 2<‘. There was heav?
realizing all day. Finally the whole pro
vision list gave wa.v with grain.
CHICAGO GRAIN MARKET.
Gram quotations:
Pre*.
Open. High. Low Close. Close.
WHEAT -
Mav 1.15 ii l.lG’t 1.1.1*2 111*2
Julv 1.11 1.11% 1.08 :i 4 t. 08% I.lV<
Sept 1 05*. 1.03’ 2 1.0384 1.05-4
Dec 1.05*4 105-4 I.o3'*s 1.03*2
CORN—
Mav 8! X1 7H 3 4 7t>\ 80-U
Jul? 77 t 77*2 74\ 74 7 *
Sept 75 75 > 4 77 7 « 37
fjec. Ho’i H.‘» 7 5 f 3 63 63"4
OATS-
Max 56 56 52’* •»■’*. «
Jul? 52’ 4 52\ 50% 52<\
Sept. 43 43 3 * 42’t 42*4
De* 44 H* s I3*s »3’ s 44
PORK -
Mav 18.35 18.35 18.35 18.35 19.10
Jul?’ 19.40 19.40 18.55 18.55 19.37» 2
Sept. 19.55 19.60 18.72*2 19.72 Vs 19.52*2
i.ARD—
Max' 10.92*2 10.92’a; 10.70 10.70 10.8a
Juh 11.02*A 11.25 ” 10.82*2 10.82*2 10.97*2
Sept 11.25 ' 11.25 11.00 1 1,00 11.15
HIES -
Ma? 10.30 10.30 10.30 10.30 LO.D 1 2
ful' 10.57 1 • 10.62*« 10.3<> 10. Jo 10.5<*2
Sept. 10.80 ’IOBO ’ 10.50 10.52*2 10.72*2
CHICAGO CASH QUOTATIONS.
CHICAG**. May 16. Wheat. No. 2 red.
>l4lslv'</ 1.1 '•: No. 3 red, $1.13(5 INo. 2
hard winter, <1.15*2^11 • I"’4 • No. 3 hare
winter. -15’4 . No. 1 northern
spring. sl.l7'a 1.20; No. 2 northern spring.
M 15'*/1.18; No. 3 spring. sl.lo* ? 'a 1.16.
Corn. No. 2, 814/81 : No. 2 wbite_.Jd*2
a 82. No. 3 yellow. No. 3, 7Tq (&
79: N<». 3 white. 79’ 2 : No. L No.
4 white. 72*l''/73: No. 4 yellow. 72(a74.
Oats. No. 2 white. _56\^57*2: No. '
white. 564/-56*_>. No. 1. 550/56’$. Staudard,
56*2 <*i 57.
PRIMARY MOv'cMENT.
~ T~ 1912 f ’IHI
Receipts 591,000 I 46.>,000
Shipments 610,000 I 291.000
corn I I
1 Receipt w . ■ 43m,000 ! 280.000
I Shipments' 805,000 1 415.000
I ‘
LIVERPOOL GRAIN MARKET.
Wheat opened urn-hanged to s g d lower:
at 1:30 p. m. was %d higher and «d lower
I for Ocfouer and unchanged for July
Closed higher to \d lower.
Corn opened unchanged; ai 1:30 p. in.
was easy **d to lower Closed *id t"
" 8 d lower.
CHICAGO CAP. LOTS.
I Following are receipts for Thursday and
I estimated receipts for Friday
I * Friday.
Wheat 73 * 63
Corn 1 150
Oats 190 I 175
Hogs 22.000 I 18,000
METAL MARKET.
NEW YORK. May 16. A firmer tone
was show n in all commodities at the. melai
exchange today. _ _
Quotations: Copper, spot, 1.».i2*2 / 'o
16 00 Mav, 15.76-'u 16.00; June. 15.82* 2 4/
15.87*-..; Julv, 15.87*2'(/15.93: August. 15.90
'u 15.97*■..■: lead., 4.1’21.25: spelter. 6.B**
*7t6.90: tin. 16.25't/ 46.75.
iWk —
People of Smail Means
are as welcome to participate
in the benefits conferred by
this bank 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 checking account, in
vest money, embark in a busi
ness enterprise or establish a
saiing plan are invited to eon
fer with the officers of
AMERICAN
NATIONAL
BANK
19