Newspaper Page Text
BUNK DEPOSITS
MAKE BIG GAIN
Whence Has Come This In
crease of $400,000,000 in
Twelve Months?
By B. C, FORBES.
NEW YORK, May 23.—Every day for
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
the money come? Has the nation been
exercising thrift? Or have funds formerly
used in business been released through
contraction in activity and placed in banks
until needed? Both, I believe, with, how
ever, emphasis on the thrift, for trade
has not been feo abnormally dull.
* * •
A rise in the price of food and clothing
cuts into the possible savings of millions.
Where the margin between income and
absolutely necessary outlays for living
expenses has always been slender, the ad
vance In prices during the last two years
has made saving impossible in many in
stances. But other millions of our popu
lation—fortunately—are not eternally
pinched to make ends meet. They habit
ually spend more than compelled to. When
skies are clear, when hope and confidence
run high, when prosperity lightens up the
face of the whole country, these millions
do not look twice at a. dollar before spend
ing it. The world is going vsry well—
therefore, let us go with it. Tomorrow
can bring only a fuller measure of pros
perity.
* • •
From exhilaration to extravagance, from
abundance to abuse, is an easy, alluring
step Did not many of us take it before
the last big smash came?
The spirit of economy, so alien to the
robust, progressive, optimistic American,
did make some headway after the 1907
collapse. Mr. Harriman observed that
people were resurrecting old overcoats in
stead of buying new ones, and .Tames J.
Hill—one of America’s ablest citizens—
noted a similar tendency. Yachts, you re
member, were sold at bargain figures or
put out 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
country finally slowed up, even though the
West for a time laughed at the East.’s
fright. People did really give some heed
to how they tossed about their money,
luxuries went somewhat out of fashion.
Extravagance came to be regarded as a
vice rather than a virtue. The nation
left off its spree and became sober
• ♦ »
How much money the United States
saves in any year can not be gauged with
any degree of accuracy, but bankers and
other authorities agree that some effort
was made by the people as a whole to
curb their avoidable outlays. The in
crease of $400,000,000 in our national
bank deposits is not entirely unrelated to
this fact.
♦ • •
True, industry has been relatively quiet.
But stagnation has not covered the whole
Real Estate For Sale Real Estate For Sale.
North Side Bargain—s6,7so
FOR IMMEDIATE SALE,' 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.
the lot is a dandy, 50xJ80, and on the ear line. Don’t tarry on
this one. Terms.
GILMER & WILLINGHAM
6 Walton St., Third Door off Peachtree.
Ground Floor.
NORTH SIDE HC*E. ’
ON NORTH .JACKSON STREET, just VJIvIJ/H/IN £/
north of Ponce DeLeon avenue, we have
n nice six-room cottage, with all modern TJ* 1 \ T z I VZ
improvements, on nice lot with alley in IN. JL 2/ xAk A I
rear, with nice garage. We have a price
on this for a few days that will sell it. z-xzn W yr r. .TV * Kt X r
So, if you want a home in this locality, £ S 1 jV/l f** V
come to see us at once. Terms. 4 > *
511 Empire Bldg. Both phones 1599. Real Estate, Renting Loans.
A Beautiful Decatur Home
A NEW 2-story 8-room home, with 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 car
line. Size of lot 120x240. Price $6,500.
J. M. WORSHAM
Real Estate and Loans.
908 Third National Bank Building. Ivy 5626
< • v'
■■■nr
THIS 6-ROOM BUNGALOW
Is located at Capitol View. Lot 52x152. elevated, on ear lino
House well built, with mission mantels, cement plaster, well
lighted and ventilated.
EASY TERMS—NO MORTGAGE.
Let us show you this.
W. D. BEATIE,
207 Equitable Bldg. Both Phones 3520.
DEATHS AND FUNERALS
Alfred Roberts.
Alfred Roberts, nine-year-old 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.
Vera Heifner.
The body of Vera Heifner, the seven
year-old daughter of Mr. and Mrs. B. F.
Heifner, was carried to Toonigh, Ga..
today, tv here funeral and interment will
take place. The child died at the fam
ily home, 5 Tye street, late yesterday.
Mrs. A. H. Hollingsworth,
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 &
Bond’s chapel this afternoon at 4
o’clock. The body will then be taken to
Conyers, £la., 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
196 Gordon street, four daughters. Miss
Hallie Moore, Mrs. S. P. Handy. Mrs.
Ben Jennings, of Atlanta, and Mrs
Rucknoil, of LaFayette. Two sons.
T. L. 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
30 our exports reached the wholly unpre
cedented total of $1,890,000,000. nearly
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 heavier 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 tdn 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. v
• • ♦
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. ”1
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 brjng better results
that could not be obtained In any other
medium in this section.
THE ATLANTA GEORGIAN AND NEWS: THURSDAY, MAY 23, 1912.
BEAR SENTIMENT
MS 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 3 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.
RANGE IN NEW YORK FUTURES
*' |i If It 0 1 0
:O | K J _ito U
May 111.14,11.14 11.07111.09:11.05-08 11.18-19
June It. 14 11.14 11.07111.08'11.04-07 11.18-20
July '11.20 1.1.20 11.10 11.11'11.10-12 i 11.24-25
Aug. H 1.27 11.27111.17111.19 11.17-19|U.30-32
Sept. 11.30(11.30 11.24 111.24 11.20-22 11.33-35
< >ct. 11.36 11.36 11.26,11.27111.26-27 Y 1.39-40
NOV. iI i 11.29-30 11.42-44
Dec. 11.43 11.45 11.35 (11.35 1.1.35-36 11.48-49
■ lan. 11.41 11.42:11.34 11.35 11.34-35:11.45-47
Feb. 111.42 1 1.42 11.42 11.42'11.36-38 11.47.-49
M’ch 11.53 11.53 11,45 11.45(11.44-45(11.55-57
Closed barely steady.
Liverpool due H to 1 lower; opened
quiet, unchanged to % lower. At 12:15
p. tn. 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. Prey.
Range. 2 P. M. Close. Close
May . . . 6.22 6.22 6.19% 6.23
May-June 6.22 -6.21% 6.22 6.1.9% 6.23
June-July 6.22% 6.22% 6.20 6.23%
.July-Aug. 6.25%-6.24% 6.24% 6.22% 6.25%
Aug.-Sept 6.25 -6.24% 6.24% 6.22% 6.25
Sept.-Oct 6.19% 6.22
Oct.-Nov. 6.19 -6.19% 6.19% 6.17% 6.20
Nov.-Dec. .. 6.16 618%
Dec.-Jan 6.15% 6.18
Jan.-Feb 6.18 -6.17% 6.18 6.15% 6.18
Feb.-Mcb 6.16% 6.19
Meh.-Apr 6,17% 6.20
Closed dull.
HAYWARD & 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 fail 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-sight 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 arouijd
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.
el- . I • I _
t I U * 15-2 O |
® I u;J in o L U
May
June i 1111.59-61111.71-73
July 11.73 11.74'11.60 11 65'11.64-65(11.78-79
Augll* 11.52-54 11.65-67
Sept I'll .42-44 ! 11.55-57
Oct. 11.44111.47111.37 Tl 41'11.40-4111.50-51
Nov :1i11.39-41:11.49-51
Dec. 11.47'11.49111.40:11.42<11.42-43'11.52-53
Jan. 11.43111.46111.43,11.44:11.44-46111.54-55
Febl1 1 111.46-48 11.57-59
Meh. 11.58:11.58;il.55 11.55 11.52-54:1L62-M
Closed steady.
PORT RECEIPTS.
The following table shows receipts at
the ports today compared with the same
day - last year:
| 1912. | 1911.
New Orleans. . . . 1,580 I 1,368
Galveston 1,384 | 609
Mobile 479 i 29
Savannah 1,722 561
Charleston 40 68
Wilmington. ... 68 56
Norfolk 1,238 I 322
New York ■• • • , 6
Boston. 122 I 18
Pacific coast ■ , . 1,398 I■.. ■
Totall 7,995 | 3,027
SPOT COTTON MARKET.
Atlanta, steady: middling 11%.
New York, quiet; middling 11.50.
New Orleans, steady; middling 1111-16.
Liverpool, easier; middling 6.42 d.
Savannah, steady; middling 11%.
Augusta, steady; middling 12c.
Mobile, steady; middling 11%.
Galveston, steady; middling 11%.
Norfolk, steady; middling 11%.
Wilmington, nominal.
Little Rock, quiet; middling x ll%.
Charleston, nominal; middling 1%.
Louisville, firm; middling 11%.
Philadelphia, steady; middling 11.75.
Boston, quiet; middling 11.50.
Baltimore, nominal; middling 11%.
Memphis, steady; middling 12c.
St. Louis, steady; middling 11%.
Houston, steady; middling 11 11-16.
Louisville, firm; middling 11%.
COTTON MARKET OPINIONS.
■I. S. Bacbe & Co.: We believe the
distant positions are a purchase on any
marked reaction.
I,ogan & Bryan: Buy on setbacks.
Hayden. Stone & Co.: A conservatively
bearish position looks best
Hubbard Bros; Market is without
tendency.
COTTON SEED OIL.
NEW YORK. May 23 Carpenter. Bag
got & Co.: There ‘were few orders in
cotton seed oil this morning, and as lard
and cotton were easy, prices eased off a
point or two with a light trade
Cotton seed ofl quotations;
I Opening, i Closing
Snot 6.900 7.15
Max7.ooo 7.20 6 970 7.06
June 7.0807.15 7.010406
Jul' 7.170 7.20 7 110 7 12
Augustl 7.2707.28 7.1907 31
September .... 7.3007.32 7 230 725
October. .... 7.27® 7.30 7.200)7 31
No'embei . . 6 1306.80 6 6t'ot; 7**
December *16206.70 6.520 6.63
Closed weak. Sales, 8,100 battels.
FnFwS AND GOSSIP,
Os the Fleecy Staple
(From Hayward & Clark.)
: NEW YORK, May 23. —Carpenter, Bag-
I got & Co.: Market extremely 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 ami warm."
Following are 11 a. m. bids: July 11.19,
October 11.35, 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 &
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 m 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 al 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 tvould 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
fail 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. Un
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, 130122; chickens, 17® 28:
fowls, 11%0 15%; ducks, 130'22; geese, 11.
016 Live poultry dull; prices unsettled.
Butter weaker; creamery specials, 27%
©27%; creamery extras, 26%@27; state
dairy, tubs, 22027; process specials, 26%
(asked).
Eggs quiet; nearby white fancy. 23
(bid); nearby brown fancy, 21021%; extra
firsts, 22 (bid); -firsts, 18%@20%.
NEW YORK GROCERIES.
NEW YORK. May 23.—Coffee steady;
No. 7 Rio spot, 14%. Rice firm; domes
tic, ordinary to prime, 4%@5%. Molas
ses steady; New Orleans, open kettle, 35
045. Sugar, raw. firmer; centrifugal,
3.92; muscovado, 3.42; molasses sugar,
3.17; refined quiet; standard granulated,
5.0505.15; cut loaf, 5.90; crushed, 5.80;
mold A, 5.50; cubes, 5.25@5.35; powdered,
5.10 0 5.20; diamond A, 5.10; confectioners
A, 4.8504.95; No. 1, 4.85@4.95; No. 2, 4.80
0 4.90; No. 3. 4.750 4.85; No. 4, 4.70@4.80.
Cheese steady; white milk specials. 15%
(bld); whole milk fancy. 1.54 tbldi; skims,
specials, 11011%; skims, fine, 9%010%;
full skims, 707%.
NEW YORK PRODUCE MARKET.
NEW YORK, May 23. Wheat firm;
July. $1.15%01.16: spot. No. 2 red, $1.23%
in elevator; $1.23% f. o. b. Corn steady;
No. 2. In elevator, nominal: export No. 2,
82% f. o. b.; steamer, nominal: No. 4,
nominal. Oats firm; natural white, 61 @
62; white clipped, 620 65.- Rye quiet; No.
2. nominal, f. o. b. New .York. Barles
steady; malting. $1.1501.28 c. I. f. Buffalo.
Hay firm; good to prime, $1.3001.65; poor
to fair, $1.2501.45. flour firmer: spring
patents, $5.6006.10; straights, $5.000 5.50;
clears, $4.8505.10; winter patents, $5.90@
6.10:: straights, $5.3505.60; clears, $4.75
05.00.
Beef firm; family, $18.00@18.50. Pork
firm; mess, $20.25020.75; family, $20.25®
21.25. Lard firmer; city steam, 10%@
16%; middle West spot, 11.00011.10. Tal
low easier; city, in hogsheads, 6%, nomi
nal; country, in tierces, 6@6%.
ATLANTA LIVE STOCK MARKET.
(By W. H. White, Jr., of th# White Pro
vlelon Company.)
Quotations based on actual purchases
during the current week:
Choice to good steers, 1,000 to 1.200, 6.00
06.50: good steers. 800 to 1,000, 5.5006.00;
medium to good steers, 700 to 850, 5.00®
5.75; good to choice beef cows, 800 to 900,
4.750'5.00; medium to good beef cows, 700
to 800, 4.500 4.75; good to choice heifers,
750 to 850. 4.500 5.50; medium to good
heifers, 650 to 750, 4.0004.75.
The above represent ruling prices of
good quality of beef cattle. Inferior
grades and dairy types selling lower.
Mixed common steers, if fat, 700 to 800,
4.50 0 5.00: mixed common cows, if fat, 600
to 800, 4.0004.50; mixed common bunches
to fair, 600 to 800, 2.75@3.50; good butch
er bulls, 3.2504.00.
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 to 140, 7.25®
7.35; light pigs. 80 to 100. 6.00 0 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©
l%c and under.
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 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.
MINING STOCKS.
BOSTON, May 23.—Opening: Greene-
Cananea 9%, Shannon 14%, Butte Supe
rior 37.
THE WEATHER
CONDITIONS.
WASHINGTON. May 23.- 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; "aimer in the northeast por
tion.
North Carolina and South Carolina-
Fair tonight and Friday.
Florida-• Generally fair tonight and Fri
day.
Alabama and Mississippi—Fair tonight
and Friday.
Louisiana Fair lonight and Friday,
except probably shower:: In the extreme
southeast.'
Arkansas. < iklahoma Last Texas and
V. <■ : Texas—Fair and cooler tonight and
Friday.
TDBfICGD TAKES
LEAD IN 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% 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 at the start, a stronger tone devel
oped and at the end of fifteen minutes'
trading many issues had mgde substan
tial gains.
American Smelting, which opened %
lower at 86%, 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 up % and
Lehigh Valley gained %.
Canadian Pacific was under pressure in
the fxtndon market, but was supported
here, opening %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
Valley 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 l.e
high Valley, Reading and Union Pacific.
Stock quotations:
| ILast. | Clos (Prev
STOCKS— High! LowJSaie.> Bid JCI'«•
Amal. Copper. 83 82% 827% 82% 83
Am. Ice Sec.. 30% 29% 29% 29 29%
Am. Sug. Ref. 130% 128% 130% 130 129
Am. Smelting 86% 86 86% 86% 86%
Am. Locomo... 42 42 42 41 % 42
Am. Car Fdy. 59 59 59 58% 58%
Am. Cot. Oil.. 54% 54% 54% 53% 54%
Am. Woolen 30 30
Anaconda 42% 42 42% 42% 42%
Atchison 106 105% 106 1 05% 105%
A. C. L 139% 139%
Am Can 41 38% 39% 39% 38%
do, pref. .. 118 117 117 117 117
Am. Beet Sug. 72% 72% 72'4 72% 72%
Am. T. and T. 146 145% 145% 145% 145%
Am. Agrlcul... 62 61% 61% 61% 61%
Beth. Steel ... 38% 37% 37% 37% 38%
B. R. T 89 88 88% 88% 88%
B. and 0108% 1O8%:1O8'. 4 108%!108
Can. Pacific . 262% 262 1262% 262%1262%
Corn Products 16% 16%! 16% 15%| 15%
C. and 0 78%. 78%! 78% 78’4,1 78%
Consol. Gas .. 142 141% 141% 141%'142
Cen. I-eat her . 25% 25% 25% 25% 25%
Colo. F. and II .... 28%l 28%
Colo. South 42 42%
D. and H. ...170 170 170 170 169
Den. and R. G. 19% 18% 19% 19 19%
Distil. Secur. . 33% 32% 33%| 33% 32%
Erie i 35% 35% 35% 35% 35%
do, pref 53% 53% 53%' 53% 53%
Gen. Electric |171% 170% 171% 170% 169%
Goldfield Cons. I 4 4
G. Western 17% 1.7% 17% 17% 17%
G. North., pfd. 13J% 131% 131% 131% 131%
G. North. Ore. 43% 42% 43% 43% 42%
Int. Harvester 122 121% 122 122% 122
111. Central ..127 126% 126% 126 127
Interboro 21% 20% 21. 2t 20%
do. pref. .. 60% 59 60% 59% 59%
lowa Central 12% 12%
K. C. Southl 25 26%
K. and T 27% 27% 27% 27% 27%
do, pref 60 60
L. Valley. . . 177% 176% 176% 176% 176%
L. and N. . . . 158% 157% 158% 158 168%
Mo. Pacific . .1 39%' 39% 39% 39% 89%
N. Y. Central 118% 118 118% 118% 118%
Northwest.. 138%|138 '138% 138% 138
Nat. 1-ead . . 60 59 | 59 59 60
N. and W. . 1112% 112 112% 112% 112%
No. Pacific . . 119% 119% 119% 119 119%
O. and IV. . .' 37% 37% 37% 37% 38
Pennl23% 1123% 1123% 123% 123%
Pacific Mail 1 ... 32 32
P. Gas Co. . .111 111 Illi 110% 111%
P. Steel Car .! 35% 35 | 35% 35 35
Reading . . . .1173% 172% 173% 173% 172%
Rock Island. ' 27% 25%l 27 27 26%
do. pfd.. . . 56 54%’ 56 | 55% 55*4
R. I. and Steel! 23% 23%| 23% 23% 23%
do. pfd.. . . 76% 76%| 76% 78 78%
S. -Sheffield. 49% 49
So. Pacific . .111 110% 111 (111 111%
So. Railway. . ■ 28% 28%l 28%l 28% 28%
do. pfd.. . . .. .I 74% 74%
St. Paul. . . . 105% 105% 105%|105% 105%
Tenn. Copper ' 46% 45%l 46%’ 45 46
Texas Pacific I I ....I 24% ’24%
Third Avenue ' 39 39 39 39 39%
Union Pacific ,171 169% 170%’170% 170%
U. S. Rubber ’ 63% 61 %! 62 62% 63%
Utah Copper \ 62% 62%: 62% 62% 62%
U. S. Steel . 70 68 % 69%l 69% I 69%
do. pfd.. . .:110% 110% 110%I110%!110%
V. Chem. .' 51% 51% 51%; 51%! 51%
West. I'nion .j 83% 83%i 83%: 83%' 83
Wabash . . . I ....! 7%1 7
do. pfd.. . J 18% 18%! 18%: 18%i 18%
West. Elee.. .I 75 74 i 74 I 73 I 74
Wis. Central J !....: 51% ....
W. Maryland.] .... ~, 59% | 69
Total sales, 372,500 shares.
LOCAL STOCKS AND BONDS.
Bid. Asked.
Atlanta * West Point R. R... 146 145
American National Bank .... 205 2iu
Atlantic Coal & Ice common. 101 102
Atlantic Coal & Ice pref 91
Atlanta Brewing & Ice C 0... 175
Atlanta National Bank .... 335
Central Bank & Trust Corp 150
Exposition Cotton Mills 16» 165
Fourth National Bank 245 250
Fulton National Bank 125 130
Ga Ry. * Elee. stamped.... 124 126
Ga Ry. &• Bow. Co., common 28 31
do. Ist pfd 80 85
do. 2d pfd. 42 44
Hillyer Trust Company 125
Lowry National Bank 248 250
Realty Trust Company 108 no
Sixth Ward Bank 99% 101
Southern Ice common 71 72%
Third National Bank, new.. 205 210
Trust Co. of Georgia 225 235
Travelers Bank & Trust Co.. 125 126
BONDS.
Atlanta Gas Light Ist 55.... 101% 105
Georgia State 4%5. 1915 .... 101 101
Georgia Midland Ist is 60 «|
Ga Rv. & Elec. Co. 5s 101
Ga. Ry. & Elec, ref 5s 99 99%
Atlanta Consolidated 5s 102%
Atlanta City 3%5, 1931 91 92%
Atlanta City 4%5, 1921 102 103
Southern Bell 5s SS% u»%
LIVE STOCK MARKET.
CHICAGO, May 23—Hogs—Receipts
18,000. Market 5c higher; mixed and
butchers $7.300 7.90. good heavy $7,750)
7.90, rough heavy $7.3007.65. light $7,250
7.80, pigs $5.30@7.05, bulk $7,700’7.85.
Cattle —Receipts 3,500. Market strong;
beeves $6.1009.40. cows and heifers $2.50
08.25, Stockers and feeders $5.1506.90,
Texans $6,500'7.85, calves SBO9
Sheep—Receipts 12.000. Market weak;
native and Western $506.35, lambs $6.25©
8.65.
NEW YORK COFFEE MARKET.
<" off e 0 quotations:
Closing.
January13.650'13.67 1'6700 13.71
February 13.57 13.64013.65
March 13.65 13.720 13.73
April 13.670 13.70:13.72013.73
May 13.350 13.50 13.41013.43
.lune 13.40013.60113 470 13.48
Ju1y13.45 (13.51013.51
August 13.55013.65 13.600 13.61
September 13.66 13.69013.70
October 13.64013.67:1 3.70013.71
November 13.640’ 13.67:13.70013.71
December .... 13 66 11 8. y ©13.71
Closed steady. Sales. 60,500 bags.
METAL MARKET.
NEW YORK. May 23. —The metal mar
ket was irregular today.
Quotations: Copper, spot ami ,
15.95016.25; lune and July. 16.070 16.37;
August, 16.07016.17. lead. 4 150 4 25; spel
ter, 6.8006.90, till, 15.250 45.65%.
ATLANTA MARKETS
EGGS—Fresh country candled, 17@18c
BUTTER—Jeisey and creamery, in Illa
blocks. 20%@25c; fresh country dull, 12%
015 c per pound.
DRESSED POULTRY—Drawn, head and
feet on, per pound. Hens, 17@18c; fries,
“»©27c Roosters. ?@loc. Turkey*, ow
ing to fatness, 18020 c.
LIVE POULTRY—Hens. 40®45c; roost
ers, 250 35c; fries, 30 0 50c; broilers. 25®
30c: puddle ducks, 35040 c; Pekin ducks,
40 0 45c; geese, 500 60c each; turkeys, ow
ing to fatness, I7®lßc
FRUITS AND PRODUCE.
FRUIT AND VEGETABLES— Lemons,
fancy. $3.5004.50 per box. Florida
oranges. $3.0003.50 per box. Bananas,
3@3% per pound. Grape fruit, $5,000
6.00 per crate. Cabbage, I%®2c per pound.
Florula cabbage. $202.50 per crate. Pea
nuts. per pound, fancy Virginia. 6%@7c:
choice, 5%®6c. Beans, round green
sl. *50)2.00 per crate Florida celery,
$2.000 2.50 per crate. Squash, yellow, pet
six-basket crates, $1 5002.00. Lettuce,
fancy. $t.25@1.50; choice, $1.2501.50 pet
crate. Beets. $3 0003.50 per barrel. Cu
cumbers, 75®51.00 per crate. English
peas, per drum. SI.OOOI 25. New Irish po
tatoes. per barrel. $4.500 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, $1.7502.00. Pineapples.
$2 5003.00 per crate. Onions, $2.0002.50
per bushel. Sweet potatoes, p. yam, $1.50
01 75 per bushel Cranberries. SII,OOO
12.00 per barrel; 50c per gallon.
PROVISION MARKET.
(Corrected by Whlta Provision Ca.)
Cornfield hams, 10 to 12 lbs. averaga,
16%c.
Cornfield hams, 12 to 14 lbs. average
16%c.
Cornfield skinned hams. 16 to 18
17%c.
Cornfield picnic hams. 6 to 8 lbs. arar
-12%c.
Cornfield breakfast bacon. 23c.
Grocer style bacon (wide or narrow).
17 %c.
Cornfield fresh pork sausage (link at
bulk). 25-lb. buckets. 12c.
Cornfield frankfurters, 10-lb. buckets,
age, 10c.
Cornfield bologna sausage, 25-lk. boxes.
9c.
Cornfield luncheon hams. 25-lb. boxes,
He.
Cornfield spiced jellied meats In 16-lb.
dinner palls, 10c.
Cornfield smoked link sausage. 2S-lb.
boxes, 9c.
Cornfield smoked link sausage In pickle.
50-lb. cans. $4.25.
Cornfield frankfurters In pickle, 15-lb.
kits. $1.50.
Cornfield pickled nigs feet. 15-lb. klta
SI.OO.
Cornfield pure iard (tierce basis), 12%c.
Country style cure 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 ANO GRAIN.
FLOUR—Postell's Elegant, $7.50; Gloria
(self-rising), $6.50; Victory (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
natenti. $5.50: Tulip flour. s4.f'l.. White
Cloud (highest patent), ss.7s;’*t)ladem
(highest patent), $5.50; Farm Beil, $5.40;
Paragon (highest patent), $6.00; White
Lily (highest patent). $5.75; White Daisy,
$5.75; Southern Star, $5.50; Sun Beam,
$5.50: Ocean Spray (patent), $5.50.
CORN—Tennessee —White, red cob,
$1.10; No. 2. white, $1.08; cracked, $1.05;
yellow. $107: mixed. $lO6
MEAL—Bolted, 12-lb. sacks. 92c; plain,
144-lb sacks, $1.01; 96-lb. sacks, $1.02;
48-lb. sacks, $1.04: 24-lb. sacks, $1.06.
OATS —Fancy white clipped, 74c; fancy
white. 73c; mixed, 72c.
COTTON SEED MEAD—Harper, $29.
COTTON SEED HULLS— Square sack*,
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 owner 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 Breuer-Wirtz owned
property of mines in the state of Geor
gia is dido 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 City club with President Wil
mer L. Moore, of the chamber of com
merce, and Brooks Morgan, chairman
of the manufacturers committee of the
chamber, to discuss plans for a SIO,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
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 the desire
for articles manufactured in his home
town In preference to those shipped
in here.
J. K. Orr, 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 that 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 change in the weather.
EVELYN HARPER FUNERAL.
Funeral services for Evelyn Harper,
the eighteen-months-old daughter of
Mrs T. Harper, of 44 English avenue,
were held at 3 o’clock at the residence
this aftei noon The Interment "ill be
in Hollywood The child died at 6.30
o'clock last night.
EARLY ADVANCES
LOST BY CEREALS
Entire List Closes at Fractional
Declines—Provisions Prices
Sharply Lower.
ST. LOL'IS CASH QUOTATIONS.
Wheat—No. 2 red 120
Corn 82%
Oats 54 054%
CHICAGO, May 23.—There were ad
vances of % to %c In wheat this morntng
on the strength in the cables and talk 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 todav.
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 %c to %c lower. The mar
ket broke sharply with the other grains
under proflKakfng sales.
Provisions closed sharply lower under
selling pressure. Light demand failed to
absorb the offerings.
CHICAGO GRAIN MARKET.
(Grain quotations:
Open. High. Low. Clore. Close.
WHEAT—
May.. 1.16% 1.16% 1.15 1,15 1.15%
July.. 1.11 1.11% 1.19 1.10% 1.10%
Sept. 1.05% 106% 1.04% 1.04% 1.05%
Dec.. 1.06 1.06% 104% 1.05 105%
CORN—
May. 82% 82% 81% 81% 82
July.. 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% 43 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
Sept.. 18.90 18.90 18.32% 18.32% 18 80 A
LARD—
May. 10.45 10.45 10 45 10.45
July. 10.77% 10.82% 10.55 10.55 10.83%,«
Kept. 11.02% 11.02% 10.75 10 75 11 00 ■
Dec 11.10 11 10 10.85 10 85 fl
RIBS - M
May. 10. On 10.00 10 00 10.00 fl
July. 10.40 10.42% 10.12% 10.15 10.37%fl
Sept. 10.50 10.57% 10 27% 10.30 10.52%fl
CHICAGO CAR LOTS. *£
Following are receipts for IVednesdayß
and estimated receipts for Thursday:
(Thursday.! Friday.
WlioaV 31 '
Corpl 60 ( 81 fl
Oats 121 117 ■
Hogs.l 18,000 I 16,000 gg
CHICAGO CASH QUOTATIONS.
CHICAGO, May 23.- Wheat, No. 2 red,
$1.15%@1.17; No. 3 red. $1.12@1.15%; No.
2 hard winter. $1.15%©1.17%; No. 3 hard
winter. $1.1201.15%; No. 1 northern
spring. $1,170)1.20; No. 2 northern spring,
$1.1401.18: No 3 spring, $1.1001.16.
Corn. No. 2. 820’82%; No. 2 white, 82%
0 83; No. 3 yellow. 820 82%; No. 3, 78%@
79%; No. 3 white, 80%®81; No. 3 yellow,
79%0'80: No. 4, 74%0 .5: No. 4 white, 74%
©76; No. 4 yellow, 73%@77.
Oats, No. 2 white. 55%@56; No. 3 white,
54%@65: No. 4 white, 53%@55; Standard,
54',4@55%.
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 l;30 p. tn.
was % to %d lower. Closed % to %d
lower.
NAVAL STORES.
SAVANNAH, May 28.—Turpentine firm
at 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. $7.2007.22%; F, $707.22%: E, »6.«0@
6.90; D, $6.50; C, B. A. 1«@6.35.
Negro Preacher Will (
Change Name Because
Flock Can't Spell It
Because his congregation ean no< |
spell his name, which Is typically Bib- J
Heal, the Reverend John W. Isaiah, a|fl
negro minister, is going to aak
court to give him the name of
ders. Attorney A. C. Corbett, who is ■
representing the negro, is preparing his A
petition to the superior court and will fl
file it today. ’
“Muh mall gits mixed up so, suh, dat
I wants muh name changed," said the
neg-c, preacher today. "You see, muh
bredderen and sisters can’t spell Isaiah.
I tell ’em dat hit comes frurn de Bible
en half ob dem calls me Brother Laxa
rus en when dey writes muh mail jus’
doan reach me at all. Most ob dem say
dey can spell Sanders, so Use wants
it changed to dat.”
STEPFATHER FORGED
MORTGAGE ON HOME,
MISS HEATH CHARGES
Asserting that her stepfather, L. R.
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
Henry 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 het
mother's death, appeared in the Fulton ;
court of ordinary and was appointed ;
administrator of the estate on th« 3
ground that he "as a creditor. Clarki
signed over the property to Ashford H
and Ashford subsequently transferred 1
It to Brogling.
Miss Heath asked the court for at
injunction against all three men an< a
demanded that clarke make an ac
■ountlng to tlte court of rents collected |
upon the property since Mrs. Daniel*
death in 1905,
23