Newspaper Page Text
BANK DEPOSITS
WE BIG GAIN
Whence Has Come This In-
crease of $400,000,000 in
Twelve Months?
By B. C. FORBES.
YORK, May 23. Every day (or
a whole year our national banks have
added an average of more than a million
dollars to their deposits. The total gain
has exceeded *400,000,000. Whence has
e tnone.\ come? Has the nation been
exercising thrift? o r have funds formerly
'ised in business been released through
contraction in aetivitg and placed in banks
mitd needed? Roth. I believe, with, how
mer. emphasis on the thrift, for trade
has not been so abnormally dull.
* * •
' rise in the price of food and clothing
■mts into the possible savings of millions.
here the margin between income and
absolutely necessary outlays for living
xpenses has always been slender, the ad
vance in prices during the last two years
\' as made saving impossible in many in
stances. But other millions of our popu
lation—fortunately—are not eternally
ninched to make ends meet. They habit
ually spend more than compelled to. When
-Kies are clear, when hope and confidence
run high, w hen prosperity lightens up the
face of the, whole country, these millions
d.o no, look twice at a dollar before spend
ng it. Ibe world is going very well—
therefore. let us go with it. Tomorrow
tan bring only a fuller measure of pros
per! ; \
♦ ♦ ♦
! r.>n c.xniUi << non io extravagance, from
abundance to abuse, is an. easy, alluring
'top. Did not many of us lake it. before
the last big smash came?
I he spirit of economy, so alien to the
robust, progressive, optimistic American,
did make some head wax- after the 1907
< oilapse. Mr. Harriman observed that
people were resurrecting old overcoats in
stead of buying new ones, and James J.
HiJ -one of America's ablest citizens—
noted a similar tendency. Yachts, you re
member wore sold at bargain figures or
out nut of commission. Country palaces
became a drug in the real estate mar
ket Some hundred-thousand-dollar sal
aries were cut by stockholders. The whole
• ountry finally slowed up. even though the
v\ est for a time laughed at the Kast's
• right. People did really give some‘heed
■'' hntx they tossed about their money.
u’xuries went somewhat out of fashion.
i .xtravagance came to be regarded as a
"e rather than a virtue. The nation
left off its spree and became sober
♦ • •
How much money the United States
-a’cs in any year can not be gauged with
<n\ degree of accuracy, but. bankers and
• ther authorities agree that some effort
was made b> the. people as a whole
urb their avoidable outlays. The in-
Tease of in our national
bank deposits is not entirely unrelated to
his fact.
• • ♦
True, industry has been relatively quiet.
Hm stagnation has not covered the whole
Real Estate For Real Estate For Sale
North. Side Bargain-$6,750
EOR IMMEDIATE SALE, we offer a brand-new 8-room and
sleeping porch, hardwood floored and furnace-heated home.
Owner negotiating a big deal, and must raise some money. Yes.
Ihe lot is a dandy. 50x180. and on the car line. Don’t tarry on
this one.- Terms.
GILMER & WILLINGHAM X NTA
it Walton St.. Third Door off Peachtree.
Ground Floor.
GREENE
<i.\ NORTH JACKSON STREET, just —* * *
north of Ponce DeLeon avenue, we have < W A *
ri nice six-room cottage, with all modern I-A I I V
mprovements. on nice lot with alley pit *V 1 aX. A v I ■
rear, with nice garage. We have a price
.•! tln< for a few days that will sell n A 1 A AT X7
So. if yon want a home in ’.hi:- locality. I AJN 1
■otne to see ns at once. Terms.
all Empire Bldg. Poth phones 1599 Real Estate. Renting Loans.
A Beautiful Decatur Home
\ NEW 2-storv 8-room home, witli water, sewer and electric lights; situ
ated on a beautiful, elevated east front lot covered with large oak trees;
close to Agnes Scott College and public school. One-half block of ear
line. Size of lot 120x240. Price $6,500.
J. M. WORSHAM
Real Estate and Loans.
90S Third National Bank Building. Ivy 5626
■ rex';..: ..’'. ■ '.l. ,y
■ Ifi •
THIS 6-ROOM bungalow
Is located at Capitol View Lot 52x152. elevated, on car line
House well built, with mission mantels, cement plaster. welJ
lighted and ventilated
EAST TERMS N<> MORTGAGE.
; /( .r its show you tin-
\\. p. B EAT IE,
so; E 4 .vwbi, Bia 6 . BMk «-’• ■
DEATHS AND FUNERALS
Alfred Roberts.
Alfred Roberts. nine-year-o!d son of
.Mr. and Mrs. W. T. Roberts. of New
Hope, Ga., died at a private infirmary
in Atlanta early today. The body has
been removed to Poole’s chapel, where
it will await funeral arrangements, s
Vera Heifner.
The body of Vera Heifner, the se,ven
year-old daughter of Mr. and Mrs. B. F.
Heifner, was carried to Toonigh, Ga..
today, where funeral and interment will
take place. The child died at the fam
ily home, 5 Tye street, late yesterday.
Mrs. A. H. Hollinqsworth.
Funeral services over the remains of
Mrs. A. H. Hollingsworth. 51 years old.
who died at a private sanitarium last
night, will be held at Greenberg A-
Bond’s chapel this afternoon at 4
o’clock. The body will then be taken to
Conyers, Ga., for interment.
Mrs. Nancy E, Moore.
Mrs Nancy E. Moore, 66 years old.
who died early today, will be carried
to LaFayette, Ala., for funeral and
interment this afternoon. She is sur
vived by her husband, J. D. Moore, of
19G Gordon street, four daughters. Miss
Hallie Moore, Mrs. S. P. Handy, Mrs.
Ren Jennings, of Atlanta, and Mrs.
Bucknell, of LaFayettc. Two sons,
T. 1.. and D. K. Moore, are also resi
dents of Atlanta.
land—far from it. Why. American rail
roads never before carried so much traf
fic, our mines never produced larger quan
tities of metals, our seaports never han
dled an equal volume of imports and ex
ports. During the ten months ended April
.20 our exports reached the wholly unpre
cedented total of *1.890,000,000, nearjy
three times the figure for 1895, and more
*han *400,000,000 larger than in 1909 and
1910. Not only so. but despite all the
wailing about shrinking exports of agri
cultural commodities the government re
turns show that these were heaviet 4 during
the last ten months than in any other year
for which comparisons are at hand. To
tal merchandise imports, too, have broken
all previous records. The ten months'
aggregate was *1,367.000,000. The bal
ance of exports was thus *523,000,000, a
very tidy sum, the best since 1901, with
the exception of the abnormal post-panic
year.
• * ♦
The average firm is today carrying on
operations without the aid of a normal
amount of credit. Said the vice presi
dent of New York's strongest commercial
bank to me this week:
“Our lines of credit were never so light
as they are this season. People don't
want money. The finest grades of paper
are extremely scarce. Everybody is act
ing cautiously. At heart they want to go
ahead, but they are held in leash by po
litical uncertainties, especially the tariff.
There should be a forward movement
about the end of next month, when can
didates and platforms will not be so prob
lematical. By the way,” he added. “I
hear Roosevelt and Bryan spoken of. I
could not conscientiously vote for either. ’
Ask any business man and he will tell
you The Georgian Want Ad columns
reach more people and bring better results
that could not be obtained in any other
medium in this section.
'PHU ATLANTA GEORGIAN AND NEWS: THURSDAY. MAY 23. 1912.
BEHR SENTIMENT
LOWERS COTTON
Trading Is on Small Scale and
Market Closes Easy With
Prices Down.
NEW YORK May 23.—Although the
cotton market opened steady today with
first prices 2 to 5 points off. there was no
special feature in the early trading. Mar
ket indications were that accounts were
being evened up and that traders would
operate along conservative lines, pending
publication of the government report.
The opening o the market was very
quiet, with trading light until around
noon, when two prominent operators were
noticeable sellers. Buying was scattered.
Sentiment is bearish and the ring was in
clined to sell, •
In the afternoon, while trading was
limited, prices sold steadily, at 2 o'clock
declines of 8 to 12 points being noted.
At the close the market was barely
steady 11 to 13 points below the final quo
tations of Wednesday.
I RANGE IN NEW YORK FUTURSS.
I•'!“ I * | 5
'OjK; -I I’m q cuo
May '1.14,11.14 11.07 11.09 11.05-08 11.18-19
June 11.14 11.14 11.07 U-08 11.04-07 11.18-20
July 11,20 11.20,11.10 11.11 11.10-12 11.24-25
Aug. 11.27'11.27 11.1.7 11.19:11.17-19:11.30-32
Sept, 11.30 11.30 11.24 11.24'11.20-22 11.33-35
Oct. '11.36:11.36'11.26'11.27'11.26-27111.39-40
Nov 11.29-30 11.42-44
Dec. 1t.43 11.45 11.35,11.35 11.35-36 11.48-49
Jan. 11.41 11.42 11.34 11.35 11.34-35 11.45-47
Feb. i11.4211.42’11.42 11.42 11.36-38 11.47-49
M eh 1 11.53'11.53:11.45 11.45’11.44-45’11-55-57
Closed barely steady
Liverpool due to 1. lower: opened
quiet, unchanged to '- lower. At 12:15
p. m. was tsagnant % to 1 off. Spots 3
off: middling. 6.42; sales, 8.000; American,
7,700: speculation and export, 800: im
ports, 16,000: American, 15,300.
At-the close the market was dull at 2%
to 3% points decline from the previous
close.
RANGE IN LIVERPOOL FUTURES.
Futures opened quiet.
Opening. Prev.
Range. 2 P. M. Close. Close
May . 6.22 6.22 6.19*4 6.23
May-June 6.22 -6.21% 6.22 6.19*4 6.23
June-July 6.22*4 6.22*4 6.20 6.23’4
July-Aug. 6.25*4-6.24’4 6.24% 6.22'4 6.25%
Aug.-Sept 6.25 -6.24*4 6.24’4 6.22*4 6.25
Sept.-Oct 6.19*4 6-22
Oct.-Nov. 6.19 -6.19*4 6.19*4 6.17*4 6.20
Nov.-Dec 6.16 61.8*4
Dec.-Jan 6.15*4 6.18
Jan.-Feb 6.18 -6.17’4 6.18 6.15*4 6.18
Feb.-Meh 6.16*4 6.19
Meh.-Apr 6.17’4 6.20
Closed dull.
HAYWARD i CLARK’S
DAILY COTTON LETTER
NEW ORLEANS. May 23.—Liverpool
came in easier today on futures and spots,
which latter were 3 points lower: sales,
8,000 bales.
London cabled: "English miners seem
inclined to renew coal strike.”
Natchez. Miss., says overflow waters
are receding. There has been a fall of
ten inches in the past eight days and the
fall will be more rapid from now on.
Tylertown. Miss., says: “Farmers have
been very busy in the last few days.
Rain needed now to bring up late planted
cotton.” Other points in the central belt
also say that some rain now would be
welcome.
The into-siglit for the week looks
around 72,000. against 75.176 last year and
93.744 in 1910. Absence of demand to
bring cotton into sight is responsible for
the small movement. The steady growth
' of interior stocks as compared with other
years shows that the cotton is there.
Comparisons of mill takings for the week
are ./expected bullish, as takings last year
were only 186,000 bales.
Liverpool will be closed Saturday and
Monday. This exchange announced that
the future business would be suspended
Monday, June 3, local legal holiday.
Our market lost about 8 points in the
early trading, but held steady around
11.43 for October. Old crops, however,
weakened. There is some selling of July
by spot interests owing to the absence of
demand, and also liquidation of straddle
commitments. The straddle interest,
long of July and short of October, is
thought to be quite large. There is some
little local demand by exporters to com
plete May shipments, but it now turns
out that May export commitments are not
nearly as large as it was supposed some
time ago
RANGE IN NEW ORLEANS FUTURES.
I c I x: I s I "• 2
’vlMI ► □ V“
■X O i«• 04 I Ft I*-
®IE I J o
May
June I 11.59-6LH.71-73
July :11.73’11.74 1 1.60 11.65 11.64-65 1 1.78-79
Aug. : 11,52-54:11.65-67
Sept I 11.42-44111.55-57
' Oct. 11.44 11.47'11.37 11.41 11.40-41 11.50-51
I Nov I I T 1.39-41,11.49-51
Dee.' ’11.47 11.49.11.40:11.42’11,42-43’11.52-53
Jan. 111.43'11.46 11.43'11.4 4111.44-46’11.54-55
Feb. j 11 ' 111.46-48111.57-59
Meh. 1 Lsß|ll .58'11,55'11.55 ! 11.52-54111.62-64
Closed steady.
PORT RECEIPTS.
The following table shows receipts at
the ports today compared with the same
day last year:
New Orleans. . . 1,580 1,368
Galveston 1,384 609
Mobile. 479 29
Savannah 1.722 561
Charleston ' 40 68
Wilmington.... 68 56
Norfolk 1.238 322
New York 6
Boston 122 IS
Pacific coast 1.398
' I Total 7,995 :;jj~2~7
SPOT COTTON MARKET.
I Olanta, steady: middling 11%.
I New York, quiet, middling 11.50
New Orleans, stead.' : middling 11 11-16
■ Liverpool, easier; middling 6.42 d
Savannah, steady, middling 11%
I Augusta, steady: middling 12c
Mobile, sleady; middling 11%.
Galveston, steady: middling II 3 *
Norfolk, steady: middling 11%
Wilmington, nominal
Little Kock, quiet; middling 11%
Charleston, nominal: middling 1%.
Louisville, firm; middling 11%.
Philadelphia, stead.' : middling 11.75
Boston, quiet; middling 11.50
Baltimore, nominal: middling 11%.
Memphis, steady; middling 12c
St Louis, stead' ; middling 11%
. Houston, stead,': middling II 11-16
Louisville, firm: middling 11’,
COTTON MARKET OPINIONS.
I S. Bachc <S- Co We believe the
distant positions arc a purchase on any
marked reaction.
Logan A Bryan: Buy on setbacks
Hayden. Stone & Co.: A conservatively
bearish position looks best
Hubbard Bros: Market /s without
tendency.
COTTON SEED OIL.
I NEW YORK. May 23, -Carpenter. Bag
, got A Co.: There were few orders in
l.otton seed oil this morning, and as lard
and cotton were easy, prices eased off a
point or two with a light trade.
Cotton seed oil quotations;
_ _ _ 1 Opening i Closing
Spot. 6.90@7.15
.Maj 7.00@7.20 6.9767.06
June 7.08@7.15 7.0’@7.06
Jul' . . . . 7.1767.20 7.11417 12
Angus’ . . 7.27@7,28 7.19417.2)
September 7.30@7.fc 7.23417.25
‘ h-tober 7.27© 7.30 7.20'1)7.21
I Novombci *'.<3'66.80 6.64416.711
| Decent bet d.6'l© 670 6.52© s
i i I.,id weal,. Sale , 8,100 barrels.
NEWS AND GOSSIP
Os the Fleecy Staple
(From Hayward & Clark, i
NEW YORK, May 23.—Carpenter, Bag
got & Co.: Market extreme!' dull today :
Little business doing The crowd is
awaiting the National Ginners and gov
ernment report. Ring inclined to sell
on rallies.
Dallas. Tex., wires: "Texas, west and
south clear: balance partly cloudy and
warm. Generally fair and warm ”
Following are 11 a. m. bids: Jul' 11.19.
October 1r.35. December 11.43. January
11.40.
Estimated receipts Friday:
1912. 1911
New Orleans ..........400 to 600 3.184
Galveston .800 to 900 250
NEW ORLEANS. May 23. Hayward A
Clark: Map perfect. Fair in the entire
belt except cloudy in the Carolinas. No
rain except at the Atlantic coast towns.
Temperatures ideal. Indications are for
unsettled and cooler in the northwestern
quarter and possibly some showers in
the Carolinas, but fair and warm in the
rest of the belt.
Spot interests selling ■ July steadily,
thought to be hedging stock on account of
absence of demand. Europe turning down
cheap offers.
New Orleans market will be closed on
Monday. June 3 (Decoration day).
The New Orleans Times Democrat:
Limited trading in contracts, less sur
face evidence of demand for the actual
for export and a steadier tone and higher
price tn the spot division gave the talent
something to thing about, but very little
to do. The New England and Southern
mills made active inquiry for supplies,
but New Orleans merchants were unable
to fill the orders at the limit named be
cause of the scarcity of available cotton
here and in the surrounding territory.
The New Orleans stock, including 1,500
bales of low grade rejections and many
bales of samples, linters, etc., now stands
at 43.231, against 83,001 on the same day
in 191. Again the weather map indi
cated favorable climatic conditions over
the belt, with the exception of some un
seasonably high temperatures in Texas.
Haskell, in that state, reported 102 de
grees maximum. The Texas temperature
report led to the belief that complaint
of hot winds would come from the West
within a day or two. but the weather
map readers declared they had found good
reason to believe that cold rains would
fall over a large portion of the belt
around the week-end. Good weather has.
of course, improved the general crop
situation a great deal, and at the mo
ment the drift of things encourages the
large crop man to a marked degree. I’n
der the circumstances less is heard of poor
stands, of backwardness, of surface
roots, etc., than would be the case were
the sun not shining day after day.
However, this does not necessarily mean
that the crop has fully overcome all han
dicaps or that the plant over the belt as
a whole is healthy and strong enough to
withstand all the midsummer trials of a
normal season
POULTRY. BUTTER AND EGGS.
NEW YORK. May 23.—Dressed poultry
dull: turkeys. 13®22: chickens. 17©.28;
fowls. ducks. 13igi22; geese. 11
@l6. Live poultry dull; prices unsettled.
Butter weaker; creamery specials. 27’/*
@27*4; creamery extras. 26*£@27: state
dairy, tubs, 22@27; process specials. 26*4
(asked).
Eggs quiet: nearby white fancy. 23
(bid); nearby brown fancy. 21 @2l’4; extra
firsts. 22 (bid): firsts, 18*s@20’4-
NEW YORK GROCERIES.
NEW YORK. May 23.—Coffee steady;
No. 7 Rio spot. 14’4. Rice firm: domes
tic, ordinary to prime. 4%@5" 5 . Molas
ses steady; New’ Orleans, open kettle. 35
@45. Sugar, raw. firmer: centrifugal.
3.92; muscovado. 3.42: molasses sugar,
3.17; refined quiet: standard granulated,
5.05@5.15: cut loaf, 5.90; crushed, 5.80;
mold A. 5.50; cubes. 5.25@5.35; powdered.
5.1041 5.20; diamond A. 5.10; confectioners
A. 4.85@4.95; No. 1. 4.85@4.95: No. 2, 4.80
@4 90; No. 3. 4.75@4.85; No. 4. 4.70@4.80.
Cheese steady; white milk specials. 15*4
(bid); whole milk fancy, 1.54 (bid); skims,
specials, 11@11*4; skims, fine. 9\@10",:
full skims. 7<g7’».
NEW YORK PRODUCE MARKET.
NEW YORK. May 23.—Wheat firm;
July. *1.15%@1.16; spot, No. 2 red, *1.23*4
in elevator; *1.23*4 f- o. b. Corn steady;
No. 2. in elevator, nominal: export No. 2,
82L f. o. b.: steamer, nominal: No. 4,
nominal Oats firm; natural white, 61©
62; white clipped, 62@65. Rye quiet: No.
2. nominal, f. o. b. New York. Barley
sleady; malting, $1.15@1.28 c. i. f. Buffalo.
Hay firm: good to prime. ?1.30@1.65: poor
to fair, J1.254i1.45. Flour firmer: spring
patents. *5.60496.10: straights. *5.00@5.50;
clears. *4.85@5.10: winter patents, *5.90©
6.10;: straights. *5.35@5.60; clears. *4.75
@5.00.
Beef firm: family. *18.004118.50. fork
firm; mess. *20.25@20.75: family. *20.25©
21.25. Lard firmer’: city steam, 10 L©
16*31 middle West spot. lLoo@ll.lo. Tal
low easier; city, in hogsheads, 6L. nomi
nal: country, in tierces, 6@6 S ».
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
| @6.50: good steers, 800 to 1,000. 5.50@6.00:
medium to good steers. 700 to 850. 5.00@
5.75; good to choice beef cows, 800 to 900.
4.75@0.00; medium to good beef cows. 706
to 800, 4.50@4.75; good to choice heifers,
750 to 850. 4.59@5.50; medium to good
heifers, 650 to ioo. 4.00@4.75,
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.
4.5041 5.00; mixed common cqws, if fat, 600
to SOO. 4.00@4.50: mixed common bunches
to fair, 600 to 800, 2.75@3.50; good butch
er bulls, 3.25@4.00.
Prime hogs, 100 to 200 average, 7.50@
7.75 c; good butcher hogs, 140 to 160. 7.40@
7.60; good butcher pigs. 100 so 140, 7.25©
7.35; light pigs. 80 to 100. t>.004) 6.25; heavy
rough hogs. 200 to 250. 6.75@7.25.
Above quotations apply to corn-fed
hogs. Mast and peanut fattened hogs, 1@
lUc and unuer.
Moderate supply of cattle in yards this
week. Market steady and unchanged
Receipts rather irregular in quality and
weights. Better grades of steers scarce
and 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 his feed lots, av
eraging 1,100 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 lhe 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.
MINING STOCKS.
BOSTON. May 23. Opening. Greene-
Cananea S’*,. Shannon 14’4. Butte Supe
rior “7.
j THE WEATHER ~
CONDITIONS.
WASHINGTON. Maj 33. There will be
Showers tonight or Friday from the Lake
region and the upper Ohio valley east
ward. while to the southward the weather
will continue fair.
It will be warmer Friday in New Eng
land and the middle Atlantic states and
cooler along the lower lakes
GENERAL FORECAST.
Following is the forecast until 7 p m.
Friday:
Georgia Fair tonight and Friday.
Virginia -Generally fair tonight and
Friday; warmer In the northeast por
tion.
Sorth Carolina and South Carolina
Fair tonight and Friday.
FioriJa-Generally fair tonight and Fri
day
Alabama and .Mississippi Fair tonight
and Frida?
Louisiana lair tonight and Frida?
except probably showers in the extreme
southeast
Arkansas. < >klahoma Fa* i Texas and
\\ nst Texa Fair and conlei tonight and
Friday.
TOBACCO TAKES
LEM IK STOCKS
Tone Is Quiet in Other Issues,
With Price Fluctuations
Very Narrow.
By CHARLES W. STORM.
NEW YORK. May 23.—Strength in
American Tobacco common was the fea
ture of the stock market at the opening
today. This issue rose 2*4 to 269 as a re
sult of vigorous buying. Tobacco com
pany stock seemed to be scarce, and it
was difficult to obtain shares even after
the advance.
Although there were some sharp reces
sions al the start, a stronger tone devel
oped and at the end of fifteen minut-s
trading many issues had made substan
tial gains.
American Smelting, which opened
lower at 86*4, was one of the most active
industrials on the list, advancing to 87 in
the first few minutes of trading. The’»
was also aggressive buying in American
Can common, which, after yielding slight
ly at the start, advanced % to above 39.
A number of the specialties were strong.
United States Steel opened ’* lower, but
later recovered. Reading was up L and
Lehigh Valley gained *4.
Canadian Pacific was under pressure in
the Ixmdon market, but was supported
here, opening * 4 c higher.
The curb was irregular.
Americans in London were strong
The market was quiet in the late fore
noon and fluctuations in the leading is
sues reflected shifting of position of some
of the room traders. Reading and Lehigh
Vallej’ were under pressure, declining 1
point each, and fractional declines were
recorded in other important railroads and
in a few industrials.
American Tobacco stock continued
prominent in the late afternoon trading,
advancing to 272 and showing a gain of
more than 5 points for the day. A mod
erately firm tone was shown in a num
ber of important railroads, including Le
high Valley, Reading and Union Pacific.
Stock quotations:
I I Last | Clis IPrev
STOCKS— [High Low.JSa> e.l Bld.lCl’sa
Amal. Copper.' 83 I 82 3 ,' 82*4 82 7 8 l 83
Am. Ice Sec..' 30*4 29'» 29'* 29 29’A
Am. Sug. Ref. 1130*4 128*4 130*4 130 129 "
Am. Smelting | 86*4 86 86*4 86*4' 86 3 4
Am. Locomo... 42 42* 42 41% 42
Am. Car Fdy.! 59 59 59 58*4 58%
Am. Cot. Oil.. 54% 54*4 54% 53*41 54*4
Am. Woolen 30 i 30
Anaconda 42% 42 42% 42*4 42%
Atchison 106 105% 106 105% 105%
A. C. L |l3F*4 139%
Am. Can 41 38’4 39%' 39%' 38%
do. pref. ..118 'll7 117 117 'll7
Am. Beet Sug. 72%l 72'41 72*4l 72’4! 72%
Am. T. and T. 146 '145% '145% 145% 145*4
Am. Agricul...! 62 61' B ! 61*4| 61%' 61*4
Beth. Steel ...; 38*4l 37%' 37% 37%' 38%
B. R. T 89 88 88% 88%' 88%
B. and 0 108 ’41108%' 108% 108% 108
Can. Pacific -. 262% 262 262%!262%:262%
Corn Products I 16% 16%; 16% 15% 15%
C. and 0 78%, 78% 78%l 78% 78*4
Consol. Gas ..142 141% 141 %1 11 %.112
Cen Leather . 25%' 25% 25% 25% 25%
Colo, F. and 1. 28%' 28%
Colo. South I ....! .... 42 j 42*4
D. and H . 170 1170 !170 170 ;169
Den. and R. Gj 19%| 18%l 19%| 19 ; 19%
Distil. Secur . 33% 32% 33%| 33%' 32",
Erie 35% 35%l 35% 35% 35%
do. pref. . 53*4 53%l 53%l 53% 53%
Gen. Electric . 171 %!170%i 171*4'170% 169%
Goldfield Cons 4 4
G. Western .. 17%' 17' 2 17% 17’#* 17%
G. North., pfd. 131%i131*4H31% 131% 131%
G. North. Ore. 43*4 12% 43% 43% 42%
int. Harvester 122 |121%;122 :122% 122
111. Central .127 126%T26% 126 |127
Interboro 21% 20%! 21 21 20%
do, pref. ..I 60%' 59 '. 60%' 59% 59%
lowa Central .. 12’, 12%
K. C South. ! ... .1 ....! .... 25 ! 25%
K. and T. -< % - < ■:» ~2 < % 21 % 27 %
do, pref. :....’ 60 '6O
L. Valle.'. . 177%'176% 176% 176% 176%
L. and N . .'158% 157*4'158%!158 1158*4
Mo. Pacific . 39% 39%1 39%' 39% 39%
N. Y. Centra! 11S%I118 118 % 118 % 118%
Northwest. 138%>38 1138% Il 38 % 138
Nat. Lead 60 59 59 59 60
N. and W . 112%1t12 112% 112*4’112%
No. Pacific . 119*4'119*41119% 1119 H9’.,
O. and W. 37% 37% 37% 37% 38
Penn. . . . . 123% 1123%,'123% 1123%' 123%
Pacific Mail .1 .... .... .... 32 I 32
P. Gas Co. . Jill 1111 1111 110%111%
P. Steel Car . 35%l 35 35% 35 35
Reading ... 173% 172% 173% 173% 172%
Rock Island. . 27%' 25% 27 [27 26%
do. pfd.. 56 I 54' ! b 56 ' 55%' 55%
R. 1. and Steel 23% 23% 23% ?3 ", 23%
do. pfd.. . .' 76% 76% 76%' 78 78’-
S. -Sheffield ... J 19% 49 "
So. Pacific . . 111 110% 111 111 Jll%
So. Rallwa' 28% 28% 28%' 28% 28%
do. pfd I ....' ....' 74%' 74%
St. Paul. . . . 105-, 105% 105%'105%105%
Tenr .‘oper 46% 45%! 45% 45 46
Toxa • ' '♦■ '21% 24'.,
Thir: A . 39 I 39 39 39 39%
Union Pacific 171 169% 170% 170% 170%
I'. S. Rubber 63% 61% 62 62% 63%
Utah Copper 62% 62%' 62'., 62*4' 62%
U. S. Steel 70 68%i 69% 69% 69%
do. pfd.. . I'o% 110% 110% 110-% 110%
V-C. Chem. . 51% 51% 51% 51’4 51 *■'•
West Union 83% 83% 83*4' 83% 83
Wabash [ 7*4' 7
do. pfd. 18'4 18% 18',2 18% 18%,
West. Elec.. .’75 '74 74 73 ' 74
Wis. Centra! 51% ...
W, Maryland . . ._. ... . ■ . . J 59%i 59
Total sales. 372.500 shares.
LOCAL STOCKS AND BONDS
Bbt. Askea.
Atlanta * West Point R. R... 148 145
American National Bank- ... 205 ?i»
Mlantic Coal & Ice common 101 102
Atlantic Coal & Ice pref
Atlanta Brewing & lee C 0... 175
Atlanta National Bank . . 325
Central Bank & Trust Corp.. 150
Exposition Cotton Mills 168
Fourth National Bank 245 250
Fulton National 8ank...... 125 L3O
Ga Rv. & Flee, stamped.. 124 126
Ga. Ry- & Row. Co., common 28 31
do. Ist P f d • sn 85
do. 2d pfd 41’ 41
Hillver Trust Compan' 1.?.',
r.owrv National Rank 248 250
Realty Trust Company 108 no
Sixth Ward Bank 99% lui
Southern lee common 71 72%
Third National Bank, new 205 210
Trust Co. of Georgia...... 225 235
Travelers Bank * Trust Co . 125 125
BONDS
Atlanta Gas Light Ist ss. lOM. 10;,,
Georgia State 4%5. 1915 .... 101 ioj
Georgia Midland let 3s 60 61
Ga R' X Elec. Co. ss. 101
Ga. Ry. & Elec. ref. 5s 99 99%
Atlanta Consolidated 6s. 102%.
Atlanta City 3%5, 1931. f>l 02%
Atlanta City 4%5, 1921. .. 102 103
Boutbain Bell Gs 99-,
LIVE STOCK MARKET.
CHICAGO. May 23 Hogs Receipts
.18.000. Market 5c higher: mixed and
butchers J7.3o'u 7.1'0. good heavy J 7.75 l '<i
7.90, rough heavy *7.304)7.65. light *7.25@
7.80, pigs *.‘».30'u,7.05. bulk *7.70'07.85.
Cattle -Receipts 3.500. Market strong:
beeves *6.10'd : f.40. cows and heifers *2.50
“■8.25. stoekers and feeders *5.15@6.90,
t’cxans *6.50' , u7.85. (-ai'cs *B'u!‘.
Sheep Receipts 12.000 Market weak;
native anil Western 55'!i6.35, lambs $6.25©
: 8.65
NEW YORK COFFEE MARKET.
Coffee quotations:
Opening. Closing.
January ~ '13.65@ 13 57 1« 70® £3.71
February. . . . 13.57 13.64© 13.65
March . . 13.65 13.72© 13.73
April ... . 13.67© 13.70 13.72@13.73
Mr,' . . 13.35© 13 50 13.41@13.43
lune . . 13.40© 13.60,13.47@13.48>
July 13.45 _ 13.51@13.51
August. 13.55@ 13.65:13.60@ 13.61
September 13.66 13.69@t3.70
October. 13.64© 13.61:13.70© 13.71
November 13.ot'e. 13.67 13.70@13.71
Decen’ber 13.65 _ 13 70© 1 3.71
Closed -lead.' . Sales, 60,500 bagp.
METAL MARKET.
NEV* YORK. Ma.' 23. -The metal mar
ket wa v irregular toda?
Quotations Copper, spot ami May.
I.) I's "16.25 lii>' ind Jul' 16.07'■) 16 37
I \iigus: 1 1.0;'ll 16.17 lead. 115© 125 . |>-1
t(r. ( <; 50y6 ‘‘o, tin, t > ’JI 'j 1 %
I ATLANTA MARKETS!
I
EGGS—Fresh country candled, 17@18c
BUTTER—Jetsey and creamery, tn lib,
blocks, 20%@25c; fresh country dull, 12% 1
@lsc per poufid.
DRESSED POULTRY—Drawn, bead an 4
feet on. per pound. Hens, 17@18c; fries.
25@27c. Roosters, , e @loc. Turkeys, ow- i
tng to fatness. 18©20c.
LIVE POULTRY—Hens. 40©45c; roost
ers. 25@35c; fries, 30@50c: broilers. 25©
30c; puddle ducks. 35@40c: Pekin ducks,
40©45c: geese. 50©6Cc each; turkeys, ow- I
ing to fatness. 17@18c.
FRUITS AND PRODUCE.
FRUIT AND VEGETABLES—Lemons,
fancy. *3.50© 4.50 per box. Florida
oranges, $3.00@3.50 per Dox. Bananas,
3© 3% per pound. Grape fruit. $5.00@ ,
6.00 per crate. Cabbage. t*4@2c per pound.
Florida cabbage. *2@2.50 per crate. Pea
nuts. per pound, fancy .Virginia. 6%@7c.
choice, 5%@6c. Beans, round green,
*1.754/2.00 per crate. Florida celery.
$2.00@2'.50 per crate. Squash, yellow. pe f
six-basket crates, $1.50@2.00. i.ettuce,
fancy, *1.25@1.50: choice. $1.25@1.50 pet
cra.e Beets. $3.00@3.50 per barrel. Cu
cumbers, 75@81.00 per crate. English
peas, per drum. *’.00@1.25. New Irish po
tatoes. per barrel. $4.50© 5.00 per barrel.
Strawberries. 5© 6c per quart.
Egg plants 52.50@3 00 per ctate Pep
per, *1.75© 2.00 per crate. Tomatoes,
fancy, sfx-basket crates, $2.60@5.00;
choice tomatoes, *1.75@2.00. Pineapples.
$2.50© 3.00 per crate. Onions. $2.00@2.50
per bushel. Sweet potatoes, p yam. *1.50
@1.75 per bushel Cranberries. sll.oo@
12 00 per barrel; 50c per galior.
PROVISION MARKET.
(Corrected by White Provision C«.)
Cornfield hams. 10 to 12 lbs. average,
16%c.
Co-nfield hams. 12 to 14 lbs. average
16%c.
Cornfield skinned hams. 16 to 11 lb».,
17 %c.
Cornfield picnic hams. 6 to * lbs. aver
12*4c.
Cornfield breakfast bacon. 23c.
Grocer style bacon (wide or narrow).
17
Cornfield fresh pork sausage (link or
bulk), 25-lb. buckets, 12c.
Cornfield frankfurters, 10-lb buckets,
age. 10c.
Cornfield bologna sausage. 2b-lb. boxes.
9c.
Cornfield luncheon hams. '25-lb. boxes,
11c.
Cornfield spiced Jellied meats in 10-lb
dinner pails, 10c.
Cornfield smoked fink sausage. 25-lb ]
boxes, 9c
Cornfield smoked link sausage In pickle.
60-!b. cans. *4.25.
Cornfield frankfurters In pickle. 15-lb.
kits. $1.50
Cornfield pickled nigs feet, 15-lb kits,
SI.OO.
Cornfield pure lard (tierce basis), 12%c.
Country style pure lard. 50-lb. tins only,
12c.
Compound lard (tierce basis). 10c
, D. S. extra ribs. 11%C.
D. S. rib bellies, medium average.
12 %c.
D S. rib bellies, light average, 12%c.
FLOUR AND GRAIN.
FLOUR-Postell’s Elegant, *7.50: Gloria
(self-rising). $6.50: Victor}’ < finest pat
ent). *6.50: Faultless, finest, *6.50: Swans
down (highest patent). *6.25, Home
Queen (highest patent), $6.00: Puritan
'highest patent). $6.00; Sun Rise <half
patent). $5.50: Tulip flour. *4.50; White
C'.oud (highest patent), $5.75: Diadem
■'highest patent). $5.50: Farm Bell. $5,401
Paragon 1 highest patent). *6.00: White
Li.v "(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 cob,
$1.10; No. 2. white. *1.08: cracked. *1.05;
I yellow. $1.07: mixed, $1.06.
i ' MEAL—Bolted. 12-Ib. sacks. 92c; plain,
1 144-lb. sacks. *1.01: 96-lb. sacks. *1.02:
148-lb sacks, *1.04; 24-lb. sacks, $1.06.
' OATS -Fancy white clipped. 74c; fancy
white. 73c; mixed. 72c.
COTTON SEED MEAL—Harper, *29
COTTON SEED HULLS-—Squara sacka
Woman Abroad Hopes
For $28,000,000 From
A Rich Georgia Mine
Millions in mines and millions in
mining stocks are very often two differ
ent things. It will probably be the sad
duty of Governor Joseph M. Brown to
make known this doleful information
to Mrs. Joseph Salzer, widow of a sta
tioner in Luxembourg.
Mrs. Salzer, who signs herself Veuve
Salzer, has written the governor in
angular script and quaint English con
cerning Gaspar Breuer-Wirtz, a Ger
man owne’ of Georgia mines worth
*28,000,000. Breuner-Wirtz died three
years ago.
The woman's letter, asking real in
formation about the fabulous wealth
the old German is said to have owned,
buried in the red clay hills of Georgia,
reads in part:
“The named Breuei-Wirtz owned
property of mines in the state of Geor
gia is dide three years. He formerly
resided in Germany. Where has he
resided there? Who is administrator
of his fortune'.’ He left $28,000,000. Has
left a testament Hope you will be kind
to inform me.”
It is generally known that all gold
mines in Georgia are hardly worth
*28.000.000, except for advertising pur
poses. but *28.000.000 in mining stock
could be found in most anv old Georgia
town in Half a day.
“MADE - IN - ATLANTA”
EXHIBITION PLANNED
BY MANUFACTURERS
Sixty of the leading manufacturers
of Atlanta will meet tonight at the
Capital Citj club with President Wil
mer I. Moore, of the chamber of eom
tneree. and Brooks Morgan, chairman
of the manufacturers committee of the
chamber, to discuss plans for a *IO.OOO
exhibition this fall of Atlanta-made
products.
The matter of showing Atlantans’
what is really manufactured here has
been stressed for nearly a year by
i Chairman Morgan and the meeting to
night will be the occasion of laying the
plans for a show and a campaign that
will create in the consumer tlie desire
foi’ articles manufactured in his home
town in preference to those shipped
in here.
J K. Oil'. Brooks Morgan, President
Moore and others will address the
meeting, which starts at 7 o'clock.
PLEASANT WEATHER FOR
REST OF WEEK PROMISED
Indications now are tliat the remain
der of the week will be clear and pleas
ant. with practically no change in the
temperature.
For tonight and tomorrow, which is
close enough for the weather man to
make a definite prediction, there will be
no cl'.inge in the weather
EVELYN HARPER FUNERAL.
Funeral .-" vices for EVelyn Harper,
jt he cighteen-months-old daughter of
[Mrs T Harper, of 11 English aventi’.
I welt- held at 3 o'clock at tin i'esidenc<
this afternoon. The intcintent will In
|in Hollywood. Tip- child died at 6.1"
1 o'clock last night.
EWWNGES
LOST By CEREALS
Entire List Closes at Fractional
Declines —Provisions Prices
Sharply Lower.
ST. LOUIS CASH QUOTATIONS.
Wheat—No. 2 red 120
Corn 82%
Oats 54 @54%
CHICAGO. May 23. -There were ad
vances of % to %c in wheat this morning
on the strength in the cables and tajk of
continued small receipts not only in the
Northwest but at primary markets as
well. While the reports of hot winds in
Kansas are not likely to become a serious
factor in the wheat market, there was
some buying on these claims today.
Corn was as much as % to %c higher
early, but part of this was lost on in
creased offerings. Weather is fine
throughout the entire corn country.
Oats were up % to %c and firm.
Hog products were higher all around
with hogs at the yards.
Wheat closed weak and lower this after
noon. final prices showing losses of %c
in May. %c to %c on July and %c to %c
on September. The early bulge on hot
weather in the Southwest crop damage
claims was followed late in the day by
a sharp slump on heavy realizing sales.
Corn was %c to %c lower at the finish.
The early strength faded awav under
profit-taking
Oats were %<■ to %c lower. The mar
ket broke sharply with the other grains
under profit-Raking sales
Provisions closed sharply lower under
selling pressure. Light demand failed to
absorb the offerings
CHICAGO GRAIN MARKET.
Grain quotations:
Fr»,
Open. High. Low. Clo-s Glos,
WHEAT—
May.. 1.16% 1.16% 1.15 1.15 1.15%
July.. Lil 1.11%. 1.10 1.10% 1.10%
Sept. 1.05% 1.06% 1.04% 1.04% 1.05%
Dec.. 1.06 1.06% 1.01% 105 1.05%
CORN—
May, 82% 82% 81% 81% 82
Jul.'’.. 77 77’, 76% 76% 77
Sept.. 74% 74% 73% 73% 74
Dec. 63% 64% 63% 63% 63%
OATS—
May.. 53% 54% 53% 53% 53%
July. 50% 51% 50 50% 50%
Sept... 42% 43 42 42% 42%
' Dec.. 43% 44% 13 43 43%
PORK -
May. 18.20 18.20 18.20 18.20 18.35
July.. 18.67% 18.67% 18.27% 18.27% 18.65
1 Sept.. 18.90 18.90 18.32% 18.32% 1.8.80
i.ARD--
Mav. (0.45 10.4.'. 10.45 10.45 10.67%
1 Jul' 10.77% 10.82% 10.55 10.55 10.82%
Sept. 11.02% 11.0.?’- 10.75 10.75 11.00 , j
Dec. 11.10 11.10 10.85 10.85
RIBS—
Mav. 10.00- 10.00 10.00 10.00
Jul'. 10.4(1 10.42% 1012’- 10.15 10.37%
Sept 10 50 10.57% 10.27% 10.30 10.52% I
CHICAGO CAR LOTS.
Following are receipts for Wednesday
and estimated receipts for Thursday: • ■ J
I Thursday. I Friday.
Wheat I 31 i 27
Corn.. I 60 1 81
Oats ’ 121 [ 117
Hogs.. i 18.000 ; 16,000
E
CHICAGO CASH QUOTATIONS.
CHICAGO. May 23. -Wheat, No. 2 red,
> *1.15%@L17; No. 3 red, *1.12@1.15%; No •[-
• 2 hard winter. *1.15%@1.17%: No. 3 hard
winter. *1.12@1.15%: No. I northern
spring. *1.17© 1.20; No. 2 northern spring,
*1.14@1.18: No. 3 spring. *LIO@1.1«.
1 Corn. No. 2, 82© 82%; No. 2 white, 82%
@B3: No. 3 yellow. 82@82%; No. 3, 78%©
, 79%: No. 3 white. 80%@81; No. 3 yellow,
1 79%©80; No. 4, 74%@75; No. 4 white. 74%
> @76: No. 4 yellow, 73%@77.
Oats. No. 2 white. 55%@56. No. 3 white,
54%@55: No. 4 white, 53%@55; Standard,
54%@55’i.
LIVERPOOL GRAIN MARKET.
Wheat opened % to %d higher. At 1:30
p. m. was % to %d higher. Closed % to
%d higher.
Compound %d higher. At 1:30 p. m.
was % to %d lower. Closed % to %d
lower.
NAVAL STORES.
SAVANNAH. May 23 —Turpentine flrm
as 46%@46%: receipts, 1,807.
Rosin firm; receipts. 4.210: water white,
$7.45: window glass. $7.45: N. *7.32%: M,
*7.30; K. $7.25; I. *7.20: H. *7.20©7.22%;
G. *7.20© 7.22’-: F. $7@7.22%: E. *6 80®
6.90; D, i*6.50; C. B. A, $6@6.35.
Negro Preacher Will
Change Name Because
Flock Can't Spell It
Because liis congregation can not 3
spell his name, which is typically Bib
lical. the Reverend John W. Isaiah, a
negro minister, is going to ask the
court to give him the name of San
ders. Attorney A. ('. Corbett, who is
representing the negro, is preparing his
petition to the superior court and will
file it today.
"Muh mail gits mixed up so. sub, dat
I wants inuh name changed,” said the
negro preacher today. "You see. muh
bredderen and sisters can't spell Isaiah.
I tell 'em dat hit comes frum de Bible
I
en half ob dem calls me Brother Laza-
! rus en when dey writes muh mail jus’
, doan reach me at all. Most ob dem say
dey can spell Sanders, so Ise wants
it changed to dat. "
STEPFATHER FORGED
MORTGAGE ON HOME,
MISS HEATH CHARGES
Asserting that her stepfather. L. R.
1 '■%
I Daniels, forged her mother's name to a
mortgage on a residence at 103 Gar
trell street while her mother was in her
' last illness. Miss Gussie Heath has
' brought suit in superior court against
Peter F. Clarke, W. H. Ashford and
Henrv Brogling. who, she says, took
charge of the real estate after her
. mother’s death.
Miss Heath alleges that the proper
ty was transferred to Clarke, of the
Germania Savings bank. who. upon her
■ mother's death, appeared in the Fulton
court of ordinary and was appointed
' administrator of the estate on the
ground that he was a creditor. Clarke
signed over the property to Ashford
and Ashford subsequent!.' transferred 3
it to Brogling.
Miss Heath asked the court for an
r injunction againsi all three men and
demanded that Clarke make an ac-
; counting to the court of cuts collected
, ' iip.m 'lm iu<ip''it.\ since Mrs. Daniela’ .
•death in I'JQj,
23