Atlanta Georgian. (Atlanta, Ga.) 1912-1939, May 20, 1912, EXTRA, Page 17, Image 17

Below is the OCR text representation for this newspapers page.

W 5 M«ET OPENINGS COTTON. timioi'r ) ur; K. -'lay 20.—Reports of con- EJIE i f r weat her over the southern belt raused the cotton market to open 4 to irl’n" , S l - tone was' nareij steady. New crops were the weak est Local sentiment was bearish. Liver pool was a fairly large buyer on the de cline. Later the list was irregular, futures and spots in Liverpool steady. NEW YORK. Quotations in cotton fiilures. ‘ 7 1 I~UT PreTT iOpen|HighiLow J A.M. I Clone, ■ uno . i j. ii-i'v Inly . .1.1.08 11.10 ii;6i iLOB 11J3-15 August . . 11.14 11.18 11.07 It.ll 11 17-10 bept. . . 11.15 11.5 11.11 11.18 11.22-24 . H. 20 11.26 11.17 11.21 11.28-29 • 'OX j3O-3° f’ec. . . 11.25 11.33 11.24 11.29 11 35-37 ' ■ H-23.11.30 11 .21. 11 :28 11 :.32-34 Mell. . __. 11 ,3a-n,40 11.35 11.39 11'.41-42 NEW ORLEANS. _^ a 5 , !. al ‘ o > ls ' n cotton futures I I ~I ilirooj - PreVT Open:nigh:Low 1A.M.1 Close Ma.' ■ ■ ■ 11.11 11.49 11.11 11.49 11.45-46 ] u . nfi - ■ ,:■;■ .... 11.56-58 July . 11 .»« 11.60 11 .56 11 .62 11 .69-70 August 1; .-,5..-,; September 11 41-43 October . . 11.26 11.33 11 .25 1 I fli 11 .35-36 November 11 36.37 December . 11.26 11.33 11.26'1 i .31 11 36-37 January . .11.30 11.35 11.27111 27 11 38-39 February i 11 41-43 March . , ~..i .. .. : . ii-. 46.48 LIVERPOOL. Futures opened quiet and stead' Opening. Free ~ Range. 2 P. M. Close. Close. Mai . 6.18 6.17 - 626 May-June 6.17%-6,18% 6.19 6.17% 6’26 June-July 6.19 -6.19'6 6.19 6.18 '6 27 July-Aug. 6.20 -6.21 ' 6.19 U, 619 6 28>* Aug.-Sept 6.19 -6.20 6.18% 6.18 6 27% Sept.-Oct. 6.1.7 -6.16’* 6.15 614 t;’2l’.i Oct.-Nov. 6.14%-6.13 613 6.12 6 22% Nov.-Dec. 6.12 -6.13’.. 6.12 6.10 6’20'8 Dec.-Jan. 6,U%-6.12’* 6.11% 6 09% 6.20 " Jan.-Feb. 6.11'6-6.12 6.11 ” 6,’09% 6.20 Feb.-Meh. 6.1.2 -6.13 6.11’.’, 6.10 * 6 20*- Mch.--Apr. 6.1.3 -6.11 6.14 ' 6.11 6'2l’* Closed steady. ——— Lost Anything? ; Insert a small ad nnder I i “Lost and Found’’ in the ! Classified Section of 1 Georgian Want Ads The large circulation of ths paper makes you I Sure To Find It 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. All Classes of Men Foil’ A PERIOD OE NEARLY HALF a century the ATLANTA NATION- AL BANK has been patronized by the laboring man and the mechanic, by the progressive business man and the man of leisure: and in every instance has the customer received prompt and courteous attention, and every courtesy that his business ami balance would warrant. To those who would open a new ac count or transfer an old one, or those who would extend their banking relations, the Officers of this instilution-extend a cour teous invitation to call on. or correspond with them. Atlanta National Bank c. E. CURRIER. JAS. S. FLOYD. J. S. KENNEDY, President. Vice President. Asst., Cashier. F. E. BLOCK. GEO. R. DONOVAN, J. D. LEITNER, Vice President. Cashier. Asst. Cashier. ‘rjoTllV AD' All A'. If A , STOCKS. By CHARLES W. STORM. NEW YORK. May 20. —Settlement of the labor troubles in the anthracite coal Helds resulted today in pronounced strength in the stocks of the hard coal dealers at the opening of the stock mar ket. Lehigh Valley opened 1% higher, while Reading was up 1 . Erie common gained %. strength in this department influenced the entire list and the general tone was strong. There was also considerable activity in Interboro Metropolitan traction, first sales recorder at 21% and 21%, a gain of % over Saturday s closing. United States Rubber was the strong est of the specialties, advancing 1% to 6 **4. The copper group was firmer, and a gain of % was registered in United States Steel common. Canadian Pacific was in fair demand, opening % up. Southern Pacific also was active, its gain being %. Other gains were Missouri Pacific 1%, Amalgamated Copper %. and American Smelting %. The curb market was quiet and steady. American were the firmest section of the London market. Canadian Pacific de clined in London and then rallied. NEW YORK STOCK MARKET. Stock quotations: I I I I 11 IFr«» STOCKS— IQp'n IHighlLow.lA.M. ICl'w Amal. Copper.' 84% 84% 8.3% 84% 84% Am. Ice See... 28*--' 29% 28% 29% 28% Am. Sug. Ref/131 131 131 "T3l 130% Am. Smelting 1 86% 86%: 86%' 86% 86 Am. Locomo.. 1 43% 43% 43%: 43%l 43 Am. Car Fdy.. 59% 59% 59%' 59% 59 Am. Cot. Oil.. 55 55 ' 54% 54%: 54% Anaconda 42% 42% 42% 42% 425, Am. Can 39’, 39% 38% 38% 38% do, pref. .117% 118 117%'118 '1.17% B. R. T 89 89% 88% 88% 89 Both. Steel ... 38%’ 38% 38% 38% 38% Can. Pacific .. 265% 266% 265%,265% ! 265% Cen. Leather .. 26% 26% 26% 26% 26% D. and H 171% 171 %|l7l %;171%!171% Eric 36% 36%. 36% 36% 36 do. pref. . . 54 54 ' 54 54 54% Gen. Electric . 170 170 170 170 169% G. North. Ore.. 45 45 44% 44%’ 44% Int. Harvester 122% 123% 122%‘123% 121% Til. Central .... 127%:i27% 127%T27% 1 126’ 8 Interboro 21% 21*-', 21%' 21% 31 do. pref. . 60% 60% 60% 60% 60 Lehigh Valley 180 1181 %T79%T80%:i78% Mo. Pacific .. 39% 39% 39% 39% 39% N. Y Central . 119% 119% 119% 119%,119% North. Pacific 119% 119%‘119% 119% 120 O. and W 38%' 38%, 38% 38% 38 Pennsylvania 123:, 123%T25%'123% 123% Pen. Gas Co. . 112 112% 112 112% 111% Reading 177%:177% 176-% 176% 176% Roek 1., pref. . 57*41 57%l 57% 57%, 56% Rep. I. and S.. 24 21 24 : 24 23% do. pref. .. 79%i 79% 79%' 79% 79 So. Pacific ...'ll2 'll2 'll2 Tl 2 111% So. Railway ... 28%: 28% 28*-' 28%' 28% St. Paul 105% 106 105% 105%,106 Tenn. Copper . 44%' 45 44% 44% 44 Union Pacific .171 '171% 171 T71%'171% U. S. Rubber . 62% 65% 62%' 65% 62% Utah Copper . 63%: 63 3 A 63%! 63%l 63% U. S. Steel ... 71 I 71% 71 171 1 70% West. Union . S 3 S 3 83 83 82% Wabash 7% B%| 7% S’, 7% do. pref. . . 20% 20% 20'* 20%: *O% West. Electric 75’* 75%' 75% 75% 74% GRAIN. CHICAGO. May 20.—Wheat opened this morning with a weaker tone and with prices ranging from %c to %c lower. Favorable weather, easy cables and larger world’s shipments than usual, coupled with encouraging crop advices, were the influences. Free offerings and lack of demand caused the market to turn very weak, and prices sagged off 1c to I%’c further on free offerings and lack of de mand. There was a rather bearish French crop report. Corn was unchanged to %c and %c low er on increased offerings, larger world’s shipments than looked for and a big in creased amount on ocean passage. Oats were %c to %c lower on improved crop conditions. Provisions were lower all around on the break in the price of hogs at the yards and continued liquidation by longs CHICAGO GRAIN MARKET. Open. High. Low. 11 a. n. WHEAT July . . 1 .OS', 1.08!, 107 1.07% Sept. . . 1.02% 1.03% 1.02% 1.03 Dee. . .1.04 1.04 1.02% 1.03’* CORN— May 78% 78’- 77% 77% Jul.' . *4% 74% 73% 73% Sept. 72% 72% 71% 72 Dee. . . . 62% 62-% '62% 62% OATS— July ... 49 49 48% 48% Sept 41% 41% 41% 41% Dec. 42% 42% 42% 42% PORK— July . . .19.25 19.27% 19.22% 19.25 Sept. .19.47% 19.47% 19.40 19.40 LARD— July . . .10.65 10.65 10.65 1.0.65 Sept . . .10.85 10.87% 10.85 10.85 RIBS— July. . . .10.25 1.0.25 10.25 10.25 Sept. .10.40 10.40 10.40 10.40 HE ATLANTA GEORGIAN AND NEWS: MONDAY. MAY 20, 1912. COTTON GLOSES SHARPLY LOWER Fair Weather in Belt Causes Short Selling and Liquidation. Off 16 to 23 Points. NEW YORK. May 18.—Although cables were better than due, a favorable weath er map occasioned an easy opening of the cotton market here today, when prices were sto 13 points lower. Private weath er advices predicted a continuance of fair weather over Sunday. A notable feature of the early trading was selling by Ala bama interests, who recently have been bullish. After a while trading was not active. At the close the market was 16 to 23 points lower than Friday's final figures with the tone easy. Support was almost wholly lacking, snd w'ith the decided im provement in weather conditions the bears had things their way from start to fin ish. » RANGE IN NEW YORK FUTURES ' X 5 x Io j K <J I ’w| U 0.0 May 11.1 ST 1.16 11.09 11.1211.11-12 11.27-29 June I. 1 11.11-13'11.28-30 July 11.28 11.28111.13'11.14 11.13-15111.33-34 Aug. 11.27111.29 11.17 11.18'11.17-19 11.40-41 Sept. 11.351t.35il 1.24 11.24111.22-24,11.40-42 Oct. 11.42 11.42 11.27 11.28111.28-29'11.47-48 Nov ' | 11.30-32111.50-52 Dec. 11.46'11.46 11.85111.35111.35-37 11.56-57 Jan. 11.41 11.43T1..32;i1.32111.32-34:11.53-54 Feb. 11.41 11.41 11.41111.41 1 1.34-36,11.54-56 Mar, .11.49,11.49 11.41111.41 11.41-42,11.61-62 Closed easy. Liverpool was due 3 to 4 points higher. Opened steady at 2 to 2% points advance. Closed quiet, at a net advance of 2 to 2*4 points. Spots quiet at 1 point ad vance: Middling upland 6.48: sales 5.000: American 4.100: imports 9,000: American 8.100. RANGE IN LIVERPOOL FUTURES. Futures opened quiet. Opening Previous Range. Close. Close. May 6.26 6.26 6.23% May-June .6.26 -6.26 6.26 6.23% June-July .. .6.26%-6.26 6.27 6.24% July-Aug. ...6.29 -6.27 6.28% 6.26 Aug.-Sept. ...6.28 -6.26% 6.27% 6.>25 Sept.-Oct. ... .6.24 6.24% 6.22 Oct.-Nov 6.22%-6.21 6.22% 6.20 Nov.-Dec .. ,6.20%-6.21 6.20% 6.18’% X>ec.-Jan.’ ...6.19 6.20 6.18 Jan.-Feb. ....6.20 - 6.19 6.20 6.18 Feb.-Mar. ...6.20% 6.20% 6.18% Mar.-Apr. ...6.21 6.21% 6.19% Closed quiet. HAYWARD 4 CLARK'S DAILY COTTON LETTER NEW ORLEANS, May 18.—The weath er continues ideal for field operations. The mao shows fair over the entire belt, except partly cloudy over a small por tion of Texas. No rain except a sprinkle in Oklahoma City. There was a further rise of 10 degrees in temperature in the Western states, and north Texas and Ok lahoma show a minimum of 62 to 66 de grees. which is right. Night tempera tures were somewhat low in the central and Eastern states, but indications point to rapid warming up over Sunday. In dications generally are for fair and warmer weather, except possibly increas ing cloudiness in the western portion of the belt, with no prospects, however, of any rain of consequence. Liverpool was disappointing, coming 1 to 2 points lower than due on futures, and 1 point better on spots. The stock of American cotton is 1.280.009. against 810.000 last vear. 'Die Bremen stock Is 589.000. against 196,000. The Havre stock is 309.000. against 243,000. and the stock afloat for Europe is 352.000, against 174,- 000 American cotton. Our market lost about 14 points in the early' trading. Fear of the power of the billing interest in New' York is still a prominent factor, inasmuch as it causes a scarcitv of sellers. The market is narrow 4nd responds quickly either to buying or selling. It broke further in the second hour. October selling to 11.36 on weakness in New York. Professional news from there reports bull operators as rather dis appointed at the poor response of the market during the past few days. The steadv decline in English consols during this week is brought in connection with recent news from London that the coun ter is threatened with the possibility of another coal strike. The announcement in today’s press by the president of the Freight’ Handlers union in Chicago that a general strike throughout the country win be ordered attracted attention. The market next week depenUs principally on the weather. • Warmer weather is a cer tainty and should there be no disturbing rains prices are likely to show further concessions. RANGE IN NEW ORLEANS FUTURES. I 8L J? J J’S ' 5 £• I o I E Hl |JSO ! D | B.U Mav” -1 1 1 ' '1L45%6 1L73~75 June 11.56-58 11.75-7, July 11.82 11.82 11.68 11.70 1.1.69-79 11.88-89 Aug 11.55-57 11.74-76 Sept. T 1.41-43 11 .62-64' < let 11.48 11.49 11.35 11.35,11.35-36 11.57-58 Xov 11.36-37,11.57-59 Dec i1'.|8T1.50.11.36,11.37 11.36-87 11.58-59 Jan’ 11 50 11.50 11.38 11.38’11.38-.">9 11.61-63 Feb. i. 11.41-43 11.64-66 Mar. 11.59 11.59 11.59 11,59 11.46-48 11.69-71 Closed steady. SPOT COTTON MARKET. Mlanta, steady: middling 11% New York, quiet: middling 11.50 New Orleans, steady: middling 11%. Liverpool, easier; middling 6.47 d. Savannah, steady: middling 119-16. Augusta, quiet; middling 12c. Mobile, steady: middling 1.1% Galveston, easy: middling 11%. Norfolk, quiet; middling 11%. Wilmington, dull: middling 1.1%. Little Rock, quiet: middling 11”, Charleston, quiet; middling 11% Louisville, firm; middling 11%. Philadelphia, steady; middling 11,75. Boston, quiet; middling 11.50. Baltimore, nominal: middling 11% Memphis, steady: middling 12c. Memphis, steady; middling 12c St. Louis, steady: middling 11% Houston, easy; middling 11% Louisville, firm; middling 11% PORT RECEIPTS. The .following table shows receipts at the ports today compared with the same day last year: ' I 1912, | 19J1. New Orleans. ■ . - 3.466 2,433 Galveston 1,143 976 Mobile .38 514 Savanna.il. ..... 1,678 1.406 Charleston 237 466 Wilmington. . . . 267 59 Norfolk 524 40 Boston 94 104 t ariouS 27 .. ~T7>ta) 7,474 '6,060 ' INTERIOR MOVEMENT. I 1912. I 1911. Houston 515 44:' Augusta 540 99 Memphis 919 77J St. Louis 148 97 Cincinnati 502 Little Rock . ... 9 Total 2,422 : 1,920 COTTON MARKET OPINIONS. Hayden, Stone & Co.: Constant sup port will be required to hold current price levels. Miller & Co.: The market will prove a scalping affair. Stemberger, Sinn &■ Cd.: We think cot ton should be bought METAL MARKET. BuST’jN. Ma' 18. Opening Butte Superior. 38'* Smelter preferred. 4? i.e. p ' pt <Hd < .g., n , . |<» 4 WEEKLY COTTON STATISTICS. For the week ending May 17; Cotton Movement. Secretary Hester's New Orleans cotton exchange statement of the movement of cotton shows an increase in the move ment into sight compared with the seven days last year in round numbers. 10,900. an increase over the same days year be fore last of 8,000, and a decrease over . the same time in 1909 of 29,000. For the 17 days of May the totals show ! an increase over last year of 45,000, an ; increase over the same period year be fore last of 49.000. and a decrease under ' the same time in 1909 of 48,000. For the 260 days of the season that have elapsed the aggregate is ahead of the 260 days of last 3.641.000. ahead of the same days vear before last 5,519,- 000, and ahead of 1909 2,104,000. The amount brought into sight during the last week has been 85.027 bale?, against 65,934 for the 7 days ending tills date last year. 76.760 year before last, and 114,403 same time in 1909. and for the 17 days of May it has been 217,755, I against 149,569 last year, 168,744 year be fore last, and 265,524" same time in 1909. The movement since September 1 shows receipts at all United States ports 11,- 593,414, against 8,349,421 last year. 6.917,- 849 y ear before last, and 9.461,463 same time in 1909. Overland across the Mis sissippi. Ohio and Potomac rivers to Northern mills and Canada 915.375, against 851.484 last year, .741.767 vear before last, and 1.123.725 same time in 1909: interior I stocks in excess of those held at the , close of the commercial year 169.324. against 156,424 last year. 189,527 year be fore last, and 224,325 same time in 1909; Southern mills takings 2.244,000, against 1,990.100 last year, 1,913,924 year before last, and 2,011,253 same time in 1909. These make the total movement for the 260 days of the season from September 1 to date 14,922.113. against 11,381.429 last year. 9,763.067 year before last, and 12.- 820.067 same time in 1909. Foreign exports for the week have been 103,214. against 65,655 last year, making the total thus far for the season 9,969,901* against 7,040,341 last vear, an increase oi 2,919,560. Northern mills takings and Canada during the past seven days show an in crease of 14.263 as compared with the corresponding period last year, and their total takings since September 1 have in creased 230.414. The total takings of American mills, North. South and Can ada. thus far for the season have been 4.470.751. against 4.002.176 last year. These include 2.209,067 by Northern spin ners, aaginst. 1,978,653. Stocks at the seaboard and the 29 lead ing Southern interior centers have de creased during the week 94,242 bales, against a decrease during the correspond ing period last season of 65.547. and are now 177,452 larger than at this date in 1909. Including stocks left over at ports and interior towns from the last crop and the number of bales brought into sight tints far from the new crop, the supply to dat< is 15,209,087, against 1 1.629.391 for the same period fast year. World's Visible Supply. Secretary Hester’s statement for the week ending May 17, of the world's vis ible supply of cotton, made up from spe cial cable and telegraph advices, com pares the figures of this week with last, last year and the year before. It shows a decrease for .the week just closed of 186.933, against a decrease of 144.253 last year, and a decrease of 107,616 year be fore last. The total visible is 4.418.798. against 4,367,723 last week. 3,227.991 last year and 3,243.641 year before last. Os this the total of American cotton is 3,316.790. against 3,500.723 last week. 2.045.991 last year and 2.054,641 year before last, and of all other kinds, including Egypt. Bra zil. India, etc,, 1.166.000. ■against 1.167,000 last week, 1,142.000 last year and 1,189.000 year before last. The total world's visible supply of cot ton as above shows a decrease compared with last week of 185.933, an increase compared with last year of 1.253,799 and an Increase compared with year before last of 1.238.149. Os the world's visible supply of cotton as above there is now afloat, and held in Great Britain and continental Europe 2.- 873.000, against t. 868.000 last year and 1.- 649,000 vear before last: in Egypt 162.000, against 144.000 last year and 105,000 year before last; in India 681.000. against 638.- 000 last vear and 749.000 year before last, and in the United States 766.000. against 578.000 last year and 741.000 year before last. World s Spinners' Takings Secretarv Hester gives the takings of American cotton by spinners throughout the world as follows, in round numbers: This week (B) 265,000. this year, against 198.000 last year, 195.000 year before last. Total since September 1 this year i .5) 12.397.000. against 10.117 last year and 9,- 180,000 the vear before. Os this Northern spinners and Canada took 2,209.01’0 bales this year, against 1.- 979.000 last year and 1.898,000 the year before: Southern spinners 2.268.000. against 2.024,000 last year, and 1.974,0_00 the vear before, and foreign spinners 7.- 920.000. against 6,114.000 last year aud .>.- 308,000 the year before. iAI Including Mobile plus correction since September 1. 4.000 bales tßi Exclusive of Mobile phis correction. 4.000 bales since September 1. WEEK-END STATISTICS. Following is the statistical position of cotton on Friday. May IS, as made up by The New York Financial ebronieja: This I.ast Last Week. _Y® a L- _ ViZ7“supply/ 4,467,0001 4,839,000 3,262.000 American 3.309.000 3,41:0,000 2,084,000 In sight, w'k 96,000 104,000 80,000 Since Sept. I 1 4.486.000 11.389.000 11.1 58.000 Port Stocks. 416,000 473.000 288.000 Exports .... 102,000 99,000 72.000 Int. receipts. 11,000' 16,000 18,000 tnt. s'pments 56.00.0 64.000 60,00 P Int. stocks.. 518,000 260.000 379,000 Following is the Liverpool cotton state ment for the week ending Friday, May IS: ~ j 1912. I TPII. ' 1910. Week's sales... 47,000 34,000 36.000 Os which Am... 40,000 27.000 34.000 For export 1,300 900 300 For speculation 800 300 300 Forwarded 75.000 74.000 34,000 Os which Am... 67.000 61.000 48,000 Total stocks. .. 1.359.000 266.000 636,000 Os which Am... 1.145.000 78.1,000 549.000 Actual exports. 11,000 9.000 7,000 Os which Am 4,40 if Week's receipts 27,000 ’ 24.000 39.00) Os which Am... 11.000 8,000 17,000 Since Sept. 1 ... 4.649,000'3.916.000 2.683,000 Os which Am. . 3.324,000'3.160,000 2,037.000 Stocks afloat... 173,000 125.000 99.000 ’ )f ’’Meh Am.. 135.000 77.000 74,000 M CULLOUGH BROTHERS' FRUIT AND PRODUCE LETTER Egg receipts during the week stave been excessive, which has resulted in some depression in values. This condition, it is believed, is only temporary, and that the market next week will react both as to demand and prices. Both live and dressed poultry, espe cially hens, ducks, geese and turkeys, in excessive supply, which will result in the accumulations now in the market having to be sacrificed in order to move it Live fries of good size selling readily at pa ing prices A fair demand prevails for fancy table butter. The market is overstocked with cooking butter, at lower values. There is no change applying to old Irish potatoes. The new crop has been plenti ful for several days, at lower values, but the market is now cleaning up, with bet ter prospects for the next few days. Uabbage plentiful and selling at low prices, the home truckers more than meet ing the requirements at very low prices A good demand prevails for fancy toma toes, round green beans, egg plant, cel ery, yellow squash" and new corn. There is also ». good demand for new peaches and cantaloupes. The banana market is very strong and high, witli indications of further advances. Oranges and apples also scarce and high The lemon market is weak, with tHe demand limited owing to the unfavorable weather. NAVAL STORES. SAVANNAH. May 18.—Turpentine firm at 47%©47%: receipts 982 Rosin firm: receipts 3.169. waterwhite $7.35: window glass $7.27%4i7.30: N 87.25' | M $7.22%. K 8722%: I 87.154i7.20: H $7 16 I W7 17',.. G ’7 l:' 1 1' ’7.10-g ; 171. jr 70'06 85; D 6.50; U, B, A $6.00.4)6 25 STOCKS HIGHER; MARKET STEADY Advances in Shares Range From One to Three Points. Lehigh Valley Feature. By CHARLES W. STORM. NEW YORK. May 18.- The coal stocks. New York tractions and some of tlie specialties monopolized public interest at the opening of the stock market today. 1-a.ter the coalers. Lehigh Valle?, were the most active, advancing •"■* to 177. In the traction group Brooklyn Rapid Tran sit gained 1 point, going to 89. the highest pri e atttained by this issue in five years. Texas oil and United States Rubber shared interest in tlte specialty group, the former going to 111 on a gain of 1% and the latter crossing 1 % as the. result of an advance of 2'*. The majority of other stocks were barely steady and ranged moderately under yesterday's closing, although a slight rally took place fifteen minutes i after the opening, w hich lifted prices I above the low opening range. United Stales Steel opened % lower at 69%. but later recovered, going to 70. American Smelting opened with the same amount of loss, but not only recovered, but. made a gain of %. Baltimore and Ohio was off % Canadian Pacific was off %. The curb was firm. American Railway shares in London I were irregular and price movements were narrow. There was sharp profit-taking In Canadian Pacific there. The market closed stead). Governments-unchanged; other bonds steady. Stock quotations: I 1 iLasttCios |Prer STOCKS— IHighlLow.lSaie.l Bld.lCl'M Amal. Copper. 84% 83% 84% 84% 83 s * Am. Ice Sec... 28% 27% 28 28% 27’,* Am. Sug. Ref. 131% 131 131 130% 130% Am. Smelting 84** 86 86% 86 86 Ain. r.0c0m0... 43 4:: 43 43 41 % Am. Car Fdy.. 59 59 59 1 59 58 Am. Cot. 0i1..,' . ..I ....' .... 54% 53% Am. Woolen ..’ ...J . .. 80% 30% Anaconda 42% 42% 4'.% 42% 42% Atchison 106% 106% 106% 1.06% 106% A. C. L. . . 140% 140 140 1 40% 140 Am. Can 39% 39 39 38% 38% do. pref. .. 117 Jl7 117 117% 117 Am. Beet Sug. 74 73%' 74 73% 73% \m. T. and T. 116 145% 146 145% 145% Am. Agricul ....' .... 60% 61 Beth. Steel .. 38% 38% 38% 38%' 38% B. R. T 89’6 88% 89% 89 86% B. and O. .... ’09% 109% 109% 109% 109% Can. Pacific .. ; 266’, 266% 265% 265% 266% Corn Products ’ . ...' ....' .... 15%l 1.5% C. and 0 79 79 79 79 78% ’’onsol. Gas ...i!42% 142%142% 142% 142% Cen. Leather . 26% 26 26% 26% 25% Colo. F. and f.| 29% 29 Colo. South ..I ....I . 42% 42% D. and H ' ... J .... 171% 171% Den. and' R. G . . ' ... 20% 20% Distil. Secur. ..I ' .... 32% 32 Erie 36% 36% 36 OS 5 ® do. pref. .. 54%' 54 54% 54% 53% Gen. Electric . 170 169’ 2 169% 169% 169% Goldfield Cons i 3% G. Western . . 18 1 18 IS 17% 17% G. North., pfd ....1132 131 % Int. Harvester 122% 122% 122*. 121% 121% 111. Central .. 137 127 127 128% 126% Interboro 21% 2'0% 21% 21 I 20-* do. pref. .. 60% 59% 60 60 59% lowa Central . .... 12% 12% K. C. South... 25% 25% 2’5% 25% 25% K. and T. ...I 28% 28% 28% 28 28% do. pref. 60 61 L. Valley. .179% 176% 178 178% 176% L. and N. . . 159%'159% 159% 159’., 159 Mo. Pacific . . 40 I 39% 40 39% 39*:. N. V. Central 120 119% 119% 119', 119% Northwest. . 138% 138% 138% 139% 137% Nat. Lead 57% 57% N. and W 1 112% 112% No. Pacific . . 120%.119% 120% 120 119% O. and W 38 I 38 Penn 123% 123*, 123% 123% 123% Pacific Mail . 31% 31% 31% 32 32% P. Gas Co. . 111%'1093, 111% 111% 108’, P. Steel Car 15% Reading . . 177% 175% 178% 176% 175% Rock Island 28’* 27% 28% 28 27% do. pfd.. . 56% 56% R. I. and Steel : 23% 23% do. pfd.. . . 80 ' 79% 80 I 79 I 79 S. 50% 50*„ So. Pacific . . 112% 111% 111% 111% 111% So. Railway . 28% 28% 28% 28% 28% do pfd.. . . 74% 74 741,1 74 74 St. Paul. . . 106'* 106 106 106 106 Tenn. Copper 44% 43% 44%' 44 43% Texas Pacific 25% 24%6 25% 25 24% Third Avenue 40% 40% 40% 41 40 Union Pacific 171 % 170% 171 % 171 % 170% U. S. Rubber. 62% 59% 62% 62% 59% Utah Copper . 63% 63 63% 63% 62% U. S Steel. . 71 69% 70% 70% 70 do. pfd.. . . 111% 111% 111% 111% 111% V -C. Client. . 51% 51% 51% 51% 57% West. Union 82% B'.'% Wabash . . . 7% 7% 7% 7% 8 do. pfd.. 20 19% 20 20'* 20% West. Elec ’ .... 74% 74% Wis. Central 51’, 52 W. Mat .''land. 59_ 58 Total sales. 333.000 shares. NEW YORK BANK STATEMENT. NEW YORK. Mat 16. The weekly statement of the New York- Associated Banks sltows the following changes: Average statement: Excess eash reserve $17,967,300; increase $4,541,100. Loans decrease $5,853,000 Specie increase $5,590,000. Legal tenders decrease $:’44.00t). Net deposits increase $10,036,000 Circulation decrease $659,000. Actual statement: Loans decrease $19,063,000 Specie increase $8,607,000. Legal tenders decrease $1,255,000 Net deposits decrease $3,198,000 Reserve increase $8,982,200 LOCAL STOCKS ANO BONOS Bld. Ask*d Atlanta «• West Point R R.. 14» 145 American National Rank ... 20$ jn, Atlantic Coal & Tee common. 101 102 Atlantic Coal A- lee pref 9$ Atlanta Brewing * Tie C 0... 175 Atlanta National Bank .... 325 Central Bank A- Trust Corp. 150 Exposition Cotton Mills ’BS jss Fourth National Bank 245 *SO Fulton National Bank 125 130 Ga. R). A- Elec, stamped. .. 124 121; Ga. Ry. & Pow. Co., common 28 31 do. Ist pfd 80 85 do. 2d pfd 42 44 Hiliyer Trust Company. . . 125 Lowry National Bank 248 250 Realty Trust Company jOB HO Sixth 'Ward Bank 99% 101 Southern Ice commoti . ... 71 72’- Third National Rank, new . 205 210 " Trust Co. of Georgia. 225 235 Travelers Bank A- Trust Co.. 125 I*s BONDS Atlanta Gas Light Ist 5« lot % 105 Georgia State 4%5. 1915 .... 101 i ni Georgia Midland ’st Xs 80 Ga. r*y. A Elec. Co. 5s 101 Ga. Ry. A Elec. ref. 5s 99 Atlanta Consolidated 5s 102% Atlanta City 3%5. 1931. . 91 92’... Atlanta City 4%5. 1921 102 103 Souttia*’’ Bell 5s $» % COTTON SEED OIL. Cotton seed otl quotations: . j Up>n | nr , ciesina ' Spot 7.00<q7.05* May ...... .. 7.02'0 7.10 7.07@7.09 June 7.06ftr7.15 7.11©7,1s July . 7.14©7,15 7.18© 7.15 August 7.21©7.22 7.20&7.21 September ■ 7.26<g7.27 1 7.23@7.24 October .. ",19u7.21 November 6.70©6.75 ; 6.70(ii6.73 December .*’:!!!??'.?■.''* 6.52© 6'62 closed steady: sales 5,700 barrels? ~ POULTRY. BUTTER AND EGGS. NEW YoRK. May 18.- Dressed poultry irregular, turkeys. 13©22; chickens. 16© 28; fowls. 11%©T6%; ducks. 13©32: geese 11 <i/16. Live poultry weaker: fowls. l(i ibid): turkeys, 12 tasked >: roosters, 10 tasked); ducks, 12 tasked); geese, 8© 9, Hutter steady; creamer) specials. 30*,© 31: creamery extras. 29©30: state dair'. tubs. 24 ibid): process specials. 27’70:28. Eggs weaker: nearby white fancy.'23’. ©2l; nearby brow 11 fane)', 26% tbidi. ei lira firsts, '22022% firsts, 19020’,. j ATLANTA MARKETS 11 EGGS—Fresh country candled, 17@18c. BUTTER—Jersey and creamery, in Ilk. ’ blocks, 20%@25c; fresh country dull, 12% > @lsc per pound. . DRESSED POULTRY—Drawn, head and feet on, per pound. Hens, 17@18c; fries, 25@27c. Roosters. B@loc. Turkey*. OR* : ing to fatness, 18@20c. LIVE POULTRY—Hens. 40ffi45c: roost ers. 25035 c; fries. 30©50c: broilers, 25@ 30c; puddle ducks. 35©40c; Pekin ducks, 400.45 c: geese, 50©60c each; turkeys, ow ing to fatness. 17018 c. FRUITS AND PRODUCE. FRUIT AND VEGETABLES—Lemons fancy. J 3.0004.50 per box. Florida oranges. $3.0003.50 per box. Bananas, 303*6 per pound. Grape fruit, $5,000 6.00 per crate. Cabbage, I%@2c per pound. Florida cabbage. S2O 2.50 per crate. Pc a " nuts, per pound, fancy Virginia, 6%@7c: choice. s’*©6c. Beans, round green. $1.7502.00 per crate. Florida celery. $2.000 2.50 per crate. Squash, yellow, per six-basket orates. J1.50@2.00. Lettuce, •fancy, $1.2501.50: choice. $1.2501.50 per crate. Beets, $3.0003.50 per barrel. Cu cumbers. 75b SI.OO per crate. English peas, per drum, $1.0001.25. New Irish po tatoes. per barrel, $4!50©5.00 per barrel. Strawberries. s@6c per quart. Egg plants. $2.5003 00 per ctate Pep per. $1.7502.00 per crate. Tomatoes, fancy. six-basket crates, $2.5003.00; choice tomatoes. $1.75@".00. Pineapn'es. $2.5003.00 per crate. Onions. $2.0002,00 per bushel. Sweet potatoes, p. yarn. SLM ©1.75 ter bushel. Cranberries, sll.oo® 12.00 per barrel: 50c per gallor,. PROVISION MARKET. (Corrected by White Provision Ce.l Cornfield bams, 10 to 12 lbs. average. 16%c. Cornfield hams, 12 to 14 lbs. average 16%c. 1 Cornfield skinned hams, 1$ to 11 »b*u dfernfleld picnic hams. 6 to $ Ibe. aver -12 %'•• Cornfield breakfast bacon. 23c. Grocer style bacon (wide or narrow). 17%<-. Cornfield fresh pork sausage (link of bulk). 25-lb. buckets. 12c. Cornfield frankfurters, 10-lb. buckets, age. 10c. Cornfield bologna sausage, 2b-lk. boxes, 9c. Cornfield luncheon hams, 25-lb boxes. 11c. Cornfield spiced jellied meats In U-lb dinner pails, lOe. Cornfield smoked link sausage. 2i-lb. boxes. 9c Cornfield smoked link sausage in pickle, 1 60-lb. cans, $4,25. I Cornfield frankfurters In pickle, li-lb, kits. Jl.bO Cornfield pickle(% nigs feet, 15-lb. klta SI.OO. Cornfield pure lard (tierce basis), 12%c. Country style cure lard, 50-lb. Uns only. 12c. Compound lard (tierce basis’. 10c D. S. extra ribs. ll%c. D. S. rib bellies. medium average, 12’ic. D. S. rib bellies, light average, 12%c. FLOUR AMO GRAIN. FLOUR Postell's Elejant. $7.50: Gloria (self-rislngt. $6.50: Victor)’ (finest pat ent), $6.75: Faultless, finest. $6.50: Swans dow r; (highest patent), $6.25: Home Quern (highest patent). $6.00: Puritan highest patent). $6.00: Sun Rise (half patent). $5.50: Tulip flour, $4.50: White Cloud (highest patent), $5.75: Diadem ’highest patent). $5.50; Farm Beil, $5.40; Paragon (highest patent). $6.00: White Idly 7highest patent), $5.75: White Daisy, $5.75: Southern Star. $5.50: Sun Beam, $5.50: Ocean Spray (patent), $5.50. CORN -Tennessee White. red cob. $1.10: No. 2. white. $1.09: cracked, $1.05: yellow. $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-lb. sack*, $1.06. OATS Fancy white clipped, 74c; fancy white. 73c; mixed, 72c. COTTON SEED MEAL—Harper. $29. COTTON SEED HULLS—Square sack*, SIO.OO per ton. FEEDSTUFF. SHORTS—Hallloay white, 100-lb. sacua $1.95; fancy, 75-lb. sacks, $1.90: P. W. 7n-lb sacks. $1.85 Brown, 100-lb. sacks, $1.75; Georgia feed. 75-lb sacks. $1.80; bran. 100 Ib. sacks. $1.75; pure 75- lb. sacks, $1.70: Homeoline, $1.85: Germ meal. Borneo. $1.80: 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. $2.80: 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.in: Suc cess babv ehick, $2.10; Eggs. $2.20; Vic tory babv 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: oystershell. 80c. GROUND FEED—Purina feed. 17S-io. sacks. $2.00; Purina molasses feed. $2.00; Monogram. 100-lb sacks, $1.70: Victory horse fe*d. 100-lb. sacks. $2.00; Mtiko dairy feed. $1.80; Arab horse feed, 100-lb. sacks. $2.10: alfalfa molasses meal. $1.85; alfalfa meal. $1.50. SEEDS (Sacked) —Germsn millet $1.75: cane seed, amber. $1.65; cane seed, orange. *1.40: Wheat (Tennessee), blue stem S’.4o; rye (Georgia) $1.35; Appier ■ats. 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 rfAY Per hundredweight: Timothy, choice airge bales. $1.90: Timothy, choice third bales. $1.60: Timothy No. 1, small bales, $1.8.7: alfalfa hay, choice, $1.65; I Timothy No. 2. $1.50: Timothy clover I mixed. $1.45: clover bay. $1.50; alfalfa la., choice, $1.50: alfalfa No. 1. $1.70; ! alfalfa No 2, $1.25: peavine hay, $1.20; I shucks. 70c; wheat straw, 80c; Bermuda h3'-. SI.OO. GROCERIES. SUGAR—Per nound. standard granu lated. 5%c; New York refined, 5%c; plan tation. 6c. COFFEE Roasted (Arbuckle's). $24.25: i AAAA. $14.50 in bulk; In bags and bar rels. $2.10: green. 19c. RlCE—Head. 4%05%c: fancy head, 5% ®6’-c. according to grade. LARD—Silver leaf. 12%c per pound; Soco. 9%c per pound; Flake White, 9%c per pound: Cottolene, $7.75 per case; Snowdrift. $6.25 per case. CHEESE Fancy full cream, 22c, SARDINES—Mustard, $3 per ease; one quarter oil, $3. MISCELLANEOUS —Georgia cane syrup 38c; axle grease. $1.75; soda crackers, 7%c; per pound: lemon crackers. ?c; oyster. 7c; tomatoes (2 pounds). $2 case: t pound*, $'2.75: navy beans, $3 10; TJma beans. 7%e; Shredded biscuit, $3.60: rolled oats. $4 per I case, grits (bags), $2.20: pink salmon, ' $5.10 per case; pepper. 25c per pound; R. E Lee salmon. $7.50: cocoa. 38c: roast beef, $310; syrun, 30e per gallon. Sterling ball potash, $3.?0 per case: soap. $1.5004 pe>- case, Rumford baking powder. $2 St per case. SALT-One hundred pounds. 19c. salt brick (plaint, per case. $2.25; salt brick medicated), ner case, $4.85; salt red rock. 100 pounds. $1: white rock, 100-lb. sacks, 90c- 25-lb. sacks, 18< F'SH. FISH - Bteam and perch, 6c per pound; snapper. 9c per poYtncl; trout, 10c per pound: bluefish. 7c per pound; pompa.no, 20c per pound: mackerel. 15c per I pound: mixed fish. 6c per nound: black I l>ass. tOc per pound; mullet, $ll.OO per 1 barrel. HARDWARE. I PLOWSTOCKS-Halman. 95c; Fergu i son. $1.05. AXLES- $4.7507 per dozen, basa. SHOT $2 25 per sack ' SHOES Horse, $4 5004.75 per keg I LEAD Bar, 7%c per pound. NAILS Wire, $2.65. base IRON —Per pound. 3c base: Swcda <%e NEW YORK PRODUCE MARKET. NEW YORK, Me,?’ 1* Wheat firmer; July $1.1401.14%: spot, No. 2 red, $1.21% in elevator, $1.21% f. o. b Corn steady: No. 2. in elevator, nominal; export No. 2 83% f o. b., steamer nominal; No 4 nominal. Oats weak: natural whittj 6u% ©6l: white clipped 61 %®64%. Rye quiet: No. 2 nominal f. o. b. New York Bar ley steady; malting $1.2501.38 <■ 1, f. Buf falo. Hay firm; good to prime $1.40® 1.60: poor to fair $1.2501.40. Flour easier: spring patents $5.700 6.20: straights s“>.4o© 5.60: clears $4,8505.1.0; winter patents $5.9006.10; straights $5.3505.60: eleav-t $4.7505,00. Beef stead) : family $18.00018.50 Pori irregular: mess $20.50021.25: family $20.25 ©21.50. Lard steady: cit) steam 10’**/ 10'%: middle West spot 11.00011 10 Tai lor steady; city, in hogsheads. 6',08’-. j'onn'l), 10 tierce*. $606%. FIRM UNDERTONE IN WREST TRADE Final Prices Range From 1-8 to 1-2 Cent Higher—Corn and Oats Higher. ST. LOUIS CASH QUOTATIONS/ Wheat- No. 2 red 120 0,121 Corn xo% Oats 55 CHICAGO May 18. —Wheat opened %c higher this morning with a strong tone The Ala.'’ option was at 113%. Early trade was light. The principal strength ening influences were a steady tone to cables and a moderately bullish tone in Liverpool to absence of pressure on Ar gentine cargoes and expected smaller world s shipments for Monday. Corn was ’» to %c lower on increased offerings in the pit and favorable weather for seeding. Trade was small. Oats were % to %c lower, mainly in sympathy with other grains. Provisions were 2% to 10c lower along with hogs, which lost 5c at the yards. There was a firmer undertone in the wheat market today with final prices ranging from % to %c higher. The vol ume of trade was the smallest, for the week. The trade was almost entirely pro fessional. The market eased off a little from best prices toward thq close on good selling by commission houses. t,'orn closed weak and lower with final prices ranging from unchanged to %c off Weather favorable for rushing farm work was the main factor. Oats closed unchanged to %@%c lower The same influences prevailed as in corn Provisions were lower all around Lar ger receipts than expected caused some selling by longs, especially in pork. There was also scattered selling of ribs. Lard was also on tap. CHICAGO CASH QUOTATIONS. CHICAGO. May 18.—Wheat. No. 2 red $1.12%01.14: No. 3 red $1.1001.12%; No 2 hard winter $1..12%©1.14: No. 3 hard winter $1.09@1.12; No. 1. Northern spring $1.17© 1.20: No. 2 Northern spring .$1.15© 1.18: No. 3 spring $1.09%©1.16. Com. No. 2 78%: No. 2 white 7*%©7t> No. 3 yellow 78%©79: No. 3 76%©7’6%; No. 3 white 77**077%: No. 3 yellow 76% ©77'*: No. 4 70%@/l%: No. 4 white 72 07'2%; No 4 yellow 71’4074. Oats. No. 2 white 54'*©55; No. 3 white 43%©43; No. 4 white '52%@54%; stand ard 54%. CHICAGO GRAIN MARKET. Grain quotation*: Free. Open. High. Lew. Cleie. Close. WHEAT— May 1.11% 1.1.2% 1.11% 1.12% Julv 1.08% 1.08% 1.07% 1.08% 1.01% Sept. 1.03% 1.04% 1.02% 1.03% 1.03% Dec. 1.01 1.019* 1.03% 1.04', 1.03% CORN— Mav 78 78% 77% 78 78% July 74% 74% 74% 74% 74% Sept. 72% 7.1 72% 72% 73 . Dec. 63 63 62% 62% 62% OATS May 62‘* 53% 52'., 53’, 53% Jul) 49% 49% 49% 49% 49% Sept. 42% 42% 41% 41% 42'* Dec 42% 43% 42% 42% 43% PORK- Mav 18.25 18.25 18.25 18.25 18.40 Julx 18 57% 19.57% 18.40 18.40 18.65 I Sept 18.80" 18.80 18.55 18.57% 18.90 I /-ARD- 1 Mav 10.67’2 10.67*2 10.62% t 0.62% 10.72% Jul' 10.80 10.80 10.75 10.75 10.82*- Sept. 11.00 11 00 10 90 10 90 11 00 RIBS— Alav 10 30 10.30 10.25 10.25 10.35 Julv 10.35 10.35 10.25 1.0.30 10.40 Sept. W. 52% 10,52% 10.42% 10.45 10.55 CHICAGO CAR LOTS. Fallowing are receipts for Saturday and estimated receipts for Monday: - I I Saturday.! Monday. Wheat ~ I 69 I 56 Corn 132 ’ 134 Oats 202 > 194 Hogs . I 12.000 I 47,000 LIVERPOOL GRAIN MARKET. Wheat closed unchanged to %d higher. Corn closed %d higher. 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 t,200, 6 00 ©6.50; good steers. 800 to 1,000, 5.5006.00; medium to good steers. 700 to 850, 5.000. 5.75: good to choice beef cows. 800 to 900, 4 7505.00. medium to good beef cows. 700 to 800 . 4.50 04.75: good to choice heifers. 750 to 850. 4 »0©5.50: medium to good heifers, 650 to 7ao, 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. 4.500 5.00: mixed common cows, if fat, 600 to 800. 4 000 4.50. mixed common bunches to fair. 600 to 800. 2.75@3.50: good butch er bulls. 3 250 4.00. Prime hogs. 100 to 200 average. 7.50© 7.75 c: good butcher hogs, 140 to 160. > 40© 7.60; good butcher pigs. 100 to 140, 7.25® 7.35; light pigs. 80 to 100. 6.00 0’6.25: heavy rough hogs. 200 to 250, 6.7507.25. Above quotations apply to corn-fed hogs. Mast and peanut fattened hogs, I© l%c and under. Moderate supply of cattle In yards this week. Market steady ami unchanged Receipts rather irregular in quality and weights. Better grades of steers scarce an<l strong. Fair supply of medium cattle; quality mostly ordinary. Mr. James T. Anderson, of Marietta, was in the yards this week with the sec ond load of steers from itis feed lots, a’ eraging t.IOO to 1.200 pounds. This load topped the market for the week. Mr. Anderson is considered one of the most enthusiastic feeders we have. He prides himself on producing the highest quality of beef steers and his offerings are always looked upon with favor by the local packers. Hog receipts are some better than last week, market steady The Wage=Earner’s Dollar ■ earns a, much interest at this bank as the dollar of the millionaire. Many successful business houses in Atlanta had their beginnings in small enterprises started with the savings of industrious workmen. We want many more workmen as regular depositors in our Savings Department. Make it your habit to deposit a portion of your earnings here at compound interest. AMERICAN NATIONAL BANK i 17