Newspaper Page Text
WO WILL OWN
THELMADS?
William W. Cook, of Corpora
tion Fame. Has Some New
Thoughts on the Subject.
By B. C. FORBES.
' i.W V.»RK, May 27 \ pianos affairs.
read, far traveled, and a close stu
dent of economic conditions at home and
in foreign countries, sends a pamphlet
" ith the request that it he outlined and
'• -cussed in this column. Its suggestive
, title is "Industrial Democracy or Monop*
’l' A I’lan for the Public Ownership of
‘nr Railroads.e By "Public" is not meant
government ownership. The author is
somebody in the corporate field, to wit.
William‘W. Coak. of “Cook on Corpora
tions” fame, 'rhe subject treated is time-
I?. for just a few years ago appeared the
announcement that the railway president
and labor representative selected to ap
point other five members of a commission
To arbitrate the engineers’ dispute can not
agree, so that government officials will
have to choose the other arbitrators.
The future control and management of
American railroads is unquestionably one
of the gravest problems confronting the
nation Are we drifting toward govern
ment ow nership? Or can that be avert
ed.’ If so. how '.’
Mr. Cook, unlike most critics of current
renditions, proffers a solution. Before
commenting thereon let us explain his
proposal.
Which shall control the railroads
Shall men allow their employers (the
corporations> to be controlled by capital
in a few hands, or shall men be free and
, ?pital be subject io their control, direct
ly. ot' indirectly? Mr Cook asks. The
downfall of the Roman republic occurred
when the privileged classes absorbed the
nation’s wealth. How will it be in our
own republic?
The issue is “Socialism or Not?" Mr.
< ook contends.
Here is Mi Cooks plan, 'which will
combine the advantages of capitalistic or
ganization and monopoly with the advan
tages of a widely diffused control.
"I propose that the control of the (rail
road) stocks of our Country be taken from
these security-holding institutions of Wall
Street and placed .in the control of a se
curity ’holding’ corporation administered
for the investing public of the I nited
States. '
■ For doing this I propose the following
method: Congress .should, incorporate a
railroad ’holding company.’ with a capital
stock of twenty-five billion dollars. It
has clearly the constitutional right to do
this In the charter, congress could name
the first directors men of the highest
character and reputation, chosen from
different parts of the country. They could
he self-perpetuating. The dividends on
the stock could be limited, say to per
cent Those dividends could be guaran
teed bv the Federal government In con
sideration of the guaranty, all surplus
profits over the 3 per cent could by the
terms of the charter go to the govern
ment ‘ ii ' . i,
“Th'« holding orporatmn could easily
be made to a.-qulre by purchase or con
demnation the control of nil the railroads
Os the eoimtrn. besides providing funds
for the future extensions and improve
ments ot the railroads *
The money derived from the sale as
needed. of the holding company's :: pc--
rent guaranteed stock wrmtld be tuJed to
bur the railroad stock on the market m
at private sale or. by. romlofnn.ation. Half
~f the five billion -par value of mlr rail
road stocks ■would give an absolute con
‘ ttolVng majority of rfie railroad stocks in
this country.'' Ten main roads practically
control our railroad transportation and an
actual majorit- of their stock would cost
less than a billion and a half of dollars.
The holding company's stock "would be
equal to a I'nited States bond, or English
consol or French rente, would be used'
as a basis for currency. could be used in
shares as an investment for.the poor and
others, and "would be equivalent Io a
national savings bank for millions of peo-
P |p " .
E,a<h stockholder would have but one
vote. ’ ■ '
• o •
If the charter *»f ’he proposed railroad
holding compart' for the I nited Stales
named the first twenty-five directors
men of character; chosen from different
parts of the countrv and gave them pow -
er to ele< ’ their successors, subject to the
approval of the president of the I'nited
States, in case of death, resignation or
removal for cause. Wall Street would get
its proper representation and no more. It
would not dominate. If further cheek
were desired, the election of directors
might require the approval of the ( nited
Stales senate as well as that of the pres
ided If that safeguard against the cap
iialistic contra be-dQubted, the “recall’ 1 of
directors by vote of the stockholders
would bra modern remedy .
It <thc plan* wonk] not impair the effi
. .in ' of the present railway staff, be
<;ii)<e the present railroad corporations
would be continued, the present officials
and employ ees and mode of selection, pro
motion ami organization, retained, with no
government officials to interfere.
Ami it would give advantages which
government ownership could not give. Ir
would mean the avoidance of vast na
tional debt and a railroad deficit to be
made up by taxation; the preservation of
the institution of private ownership of
railroad property : ami a more efficient
management of railroads ihan any gov
ernment ownership ever did or ever could
jri\p I’ is the utilization of the corporate
i<ina which has proved such an Aladdin’s
lamp for modern industries H is avoiding
government ownership by keeping the
property out of the, hand® of ignorant
■ jots ami politicians’ It will prevent rhe
great republic foundering nn the division
..f spoils H is not Socialism: it is not
cm nrnmept onnet.-hip. if is not even di
-p. t governmental control. and it is absn
mtely practical. I' .would nationalize rail
■,ol • without political agitation and with
..ii’ costing the national government a
Holla'
• • •
i hardly think so. Another column will;
hr devoted to a discussion of the whole i
subject I
ESTABLISHED 1861
The Lowry National Bank
OF ATLANTA, GA.
CAPITAL - 51,000,000
SURPLUS - 1,000,000
Designated Depository of the United States,
County of Fulton, City of Atlanta.
interest paid ON SAVINGS
Widow, Land-Poor 30
Years, Agrees to Sell
Farm Worth $20,000
GADSDEN, ALA.. May 2”.—After
having lived for 30 years almost in
poverty rather than sell the old farm
and home w here she and her husband,
John H Walters, spent their early marv
ried life. .Mrs. Charity Walters, a wid
ow. has at last consented to the prop
erty being divided and sold. Conse- |
quently a partition suit has been filed
in chancery court and the title to the
property is to be cleared.
.Mrs. Walters and her son, J. Fourney
Walters, hold a three-quarters interest
in the oid farm of 40 acres now almost
in the heart of Gadsden and worth >SOO
an acre or $20,000 for town lots, but as
a whole of practically no value as a
farm. Ten others each has a one-for
tieth interest in the land. Mrs. Walters
has until the present time persistently
refused to agree to a division of the
propertv, even though in need of the
necessities of life. Many persons since
this city has been building up have at
tempted to buy lots and build homes on
the land, but Mrs. Walters turned a
deaf ear to all such propositions. When
the estate is now settled by the courts
Mrs. Walters and het son wifi have a
fortune of $15,000 if they decided to
convert their part into cash.
| SHOP TALK |
Sime Einstein, of the Globe Clothing
Company, leaves today for Cincinnati
and New York to purchase emergency
stocks of merchandise. Extraordinary
business for the past few weeks has
caused this well known firm to replen
ish their various lines for men's and
boys’ wear.
The Biggs Antique Company will
continue their sale at 130 Peachtree
street for this week only. This is a
good opportunity for the people of
Atlanta to obtain rare old furniture and
antiques of all kinds at greatly reduced
prices.
Everything is tn readiness for the
formal opening today of what gives
every indication of being the biggest
season in the history of Tv-bee. the pre
mier summer resort of the Southeast.
Tvbee has put on its best bib and tuck
er in preparation for the opening. For
several week» the convict forces have
been hard at work getting the island in
a neat and attractive condition. The
underbrush on some parts of the island
has been cut and the drain ditches
opened, in its summer dress this pop
ular resort is certain to present a fine
appearance. While Hotel Tybee will
not open until May 29. Charles H. Le
van's concessions will -be in evidence
today, looking after the wants of the
public. The Central of Georgia rail
way put into effect a much improved 1
schedule Max 25, with the completion -
of the oil-buining. cinderless engines I
the t'entral is to operate to TybeeJ
i which are certain to increase the travel
to tiie resort The elimination of dust
and cinders will make the Tybee trip
a real joy instead of a hardship, as it
' lias been in tiie past. The Central is
| now opera ting, six trains daily Io and
’ j-rrom Tybee.
j ,1. 'A Goldsmith, Jr., of the Fulton
Auto Company, is in Detroit on busi
ness. Later lie will visit Indianapolis
to witness the auto races.
H. C. Bradfield, of the Cole Motor
Car Company, jumped back into At
lanta again this week after a whirlwind
trip through the Southeast, making
friends for the Cole and incidentally In
creasing Cole business by showing his
representatives the value of newspaper
advertising. Brad, as he is known from
coast to coast, is a real live wire. A
graduate from Hearst Journalism in
New York and Boston, with added
newspaper experience on the Associ
ated Press. Brad is perfectly capable of
holding down his position with a con
cern as large and prominent as the
Cole Motor Car Company. In Indian
apolis he is the real noise in his par
ticular line, and whenever he appears
optimism naturally has to prevail. He
says he is coming South again.
A recent addition to the colony of At
lanta motor dealers is the H Moior Car
Company, with temporary quarters in the
Collier garage on James street. The new
company will handle the well-known
, Herreschoff line
The Herreschoff comes in a. louring car
at $1,150 and a snappy roadster at $950.
This product of Detroit, while not rep
resented heretofore in Atlanta is already
popular throughout the South.
J. H. Harris Is president of the new
concern and announces that the company
w ill move to a new location —up-to-date I
quarters, show rooms, stock rooms, ser- j
vice department, etc.-in the near fu
ture.
MISSING HEIR FOUND IN
CAST OF MUSICAL SHOW
■
ST LOVIS. May 27. -Aftei a search
. nt two months for Edward A Smith,
heir to Ififi.fion ot his father's estate, lhe
missing man s name was discovered on
the program of a New York musical
show
■
NEWSPAPER CHANGES OWNERS.
FAIRBURN, GA. May 27.—The
Campbell News has changed hands, J.
L O. Thompson having sold to C. M.
Phillips, of Albertville. Ala. The new
l editor is an experienced weekly news
paper man. Mr. Thompson has re-
I turned to his home at Pickens, S. C.
THE ATLANTA GEORGIAN AND NEWS-: MONDAY. MAY 27. 1912.
SINNERS’BEPORTI
BREAKS COTTON
Condition Given as 79.4 Per
Cent—Fine Weather Also
Bearish Influence.
NEW YORK. May 27.—Liberal selling
and fine weather over the Southern belt
caused a break of from 9 to 11 points at
the opening of the cotton market here
today. There was considerable buying of
October at 11.25. At the call covering
steadied the list.
In the later trading the ring sold freely
on expectations of th» National Sinners
report would show a condition that would
appear bearish to the trade and later
when the figures were made public the
market eased off. The condition was
placed at 79.4. against 851 in 1911.
At 2 o'clock prices were 15 to 23 points
below the previous close.
At the close the market was steady al
the low levels ot the session. 20 to 23
points decline from Saturday s final quo
tations.
RANGE IN NEW YORK fUTURt*
11 s s IS-: fl 0
O S J I P j 6.0
May 1 1.08 11.09 10.95 10.95 10 95-96 TLISH6
June 111.02 11.02 11.02 11.02 10.89-91111 10-12
July 111.09 11.1JT0.9510 96'10.96-97 11.18-19
Aug. ,11.15T1.17T1.02T1.04 11.02-04 11.24-26
Sept. 11.32'11.22'11.22 1 1.22'11.06-08 11.27-29
Oct. 11.27 11.30 11.11 11.13 11.13-14:11.34-35
Nov. I i | i 11.17-1911.37-39
Dec. 111.33 U. 40111.31 11,25 11.24-25111.44-45
Jan. T. 1.3! 11.31 11.17 11.21.11.19-21 <ls. 42-43
Feb. | <11.23-25 11.46-48
Meh, 11.42:11.45:11:29 11.29 11.28-30 11.51-53
Closed steady.
There was no market in Liverpool
HAYWARD & CLARK'S
DAILY COTTON LETTER
NEW ORLEANS. May 27 —The weath
er continues very faivorable. Reports
from Texas continue very favorable
Some, would welcome showers, but there
Is no urgent necessity for them, as the
level of subsurface moisture is so much
higher than other years, owing to the long
winter rains. A report from south Texas
says cotton is boiling in Rio Grande val
ley, and gins are expected to run full
time by July 11.
The market lost about 8 points in the
early trading The usual scarcity of sell
ers was conspicuous. It was caused by
the anticipation of a bullish National Din
ners' and bureau report. The Journal of
Commerce reports on Georgia and Ala
bama suggest a low condition figure
RANGE IN NEW ORLEANS FUTU RES.
I CI X el“« s I >;
g. • □ -2 I A"
j O [ I J | JU) O ;tC
Ma ~ 111.61111.61' iY 54 1175«1L5V54 11 64~65
June ' 1 11.52-54 11.65-67
Julv 11.64 11.67111.52 11.27 11.53-54 11.70-71
Aug 11.39-41 11.58-60
Sept | : 1 11.32-34 11.51-53
Oct. <11.39 11.41111.42'11.27 11.26-27 11.45-46
Nov. 1 I 11.28-30 11.45-4<
Dee. 11.41 11.43 11.25 11.29 11.29-30 11.47-48
Jan. <11.44 11.46'11.30 T1.30'11.31 -32 11.51 -52
Feb < T 1.33-35111.52-54
Mdh. .. .I ' 1 1.38-40 11.58-59
Closed steady.
SPOT COTTON MARKET.
Atlant:, steady; middling It'y.
New it, quiet: middling 11.40
New t'r.'c.r.s. steady; middling 11 9-16
Liverpool, bolida".
Savannah, quiet; middling 1l 1 2 .
Augusta, steady; middling I2c.
I Mobile, steady; middling Illi
'■-L’.lveston. quiet; middling H 6
7or J olk. quiet.; middling 11 s ,
Vilniington, nominal.
bit tie Rock, quiet; middling tl s ,.
< Iv.rleston. nominal; middling 11'-?.
Louisville, firm; middling liy.
Ph adelphia. steady: middling 11 65
Boston, quiet: middling Ft.4o
■La’timoi-, nominal: middling 11 s *.
Memphis, steady; middling 12c
St. Louis, steady; middling 11;,.
Houston, steady: middling 119-16
Louisville, firm; middling 12c.
PORT RECEIPTS.
The following table shows receipts at
the ports today compared with the same
day last year;
New Orleans 1.415 894
Galveston .-. ..'.-i.lt "1.344 r -1.019
Mobile 70 35
Savannah 1.071 732
Charleston .. . 28 82
Wilmington 10$ 9
Norfolk 518 536
Boston 73 152
Pensacola 2.200
Total . . ... 6.822 ' 3,459
COTTON MARKET OPINIONS.
Miller A- Co.. We believe the condition
figures will be less bullish than the trade
Is looking for, and continue our advice to
meet the strength with sales.
7. S. Bache H Co.: We advise the pur
chase of the distant positions around the
He level.
Hayden. Stone g- Co.: A sagging mar
ket is expected.
Dick Bros.: Would buy cotton on a
good decline.
NEW YORK GROCERIES.
NEW YORK. May 27. Coffee dull. No.
7 Rio spot 14'«©T4L Rice strong, do
mestic, ordinary to prime. 4 3 a (g5 r , Mo
lasses quiet: New Orleans, open kettle.
36(845. Sugar, raw firmer; centrifugal i
3.985; muscovado 3.485; cut loaf 4.00:
crushed 5.90: mold A 5.60. cubes 5.45
powdered 6.30; diamond A 5.20. confec
tioners A 5.05: No. 1 5.05: No. 2 5.00; No.
3 4.95; No. 4 4.90.
Cheese steady, white milk specials 15
asked: whole milk fancy 14*4®14 3 4 skims,
specials. lltill.'A: skims, fine I'JitlO'?
full skims.
NEW YORK COFFEE MARKET.
Cost e e quotations:
| 2ZZHZZ- ! Opening. | Closing
I ,1a nua ry 13.55© 13.60 1.1 58<8 13.59
February 13.50© 13.60 13.52© 13.55
I .March 13.57ii13.58 13.59© 13.60
Apr'l 13.55© 13.60 13.59© 13.60
Me- . . . 13,::0©13.30 13.27© 13 2$
June . . , . 13.25®13.40 13 31© 13.32
July . . . 13.33© 13.38 13.35© 13. .".6
August. .... 13.40@1 3.50 13 45© 1 3.47
September 13.64 13.55© 13 57
October . . . 13.60© 13.60 13.56© 13.57
November 13.50© 13.60 13.57® 13.58
I'ecember. 13.55 13 58® 13 .51)
Closed steady Sales 54,500 bags
METAL MARKET.
NEW YoRK. Ma> 27. At th* metal
exchange toda> further strengiT.
shown in the leading commodities
Quotations: Copper, spot. 16.10(0’.6,:’.0,
May, June, 16.37 1 2 Q 1 6.10.
July, 16.35'0 16.37’/2. August,
lead. 4.15(u4.-5. Spelter. 6.89^6.00; tin,
46 50@ 47.00.
BOY STEALS SONGBIRDS
TO GO TO FILM SHOWS
NEW YORK. May 27. —In older to
get money to go to moving picture
shows. William Walter, twelve years
told, stole three canaries—Caruso, Ma \
Garden and Tetrazzini— from public
I school No. 82. The birds died in his
pocket.
TEACHERS INSTITUTE MEETS
t'OLVMBCS. GA. May 27 Muse. ■
i gee county institute fm whin >*■;., | t . -
I began its annual session in this coy '
today, with State Seim..: Supeiii -<> ;
*F F Land nf Dawson, conducting i
:«, e.-< i -.c ; 1 <». It' -• (i-i.m C' ' <-■ t p. ( .
f 'he county tr> in attnnlan-- j
AND GOSSIP j
Os the Fleecy Staple j
(From Hayward & (’lark.)
NEW YORK. May 27. Carpenter. Rag
got & Co.: In the absence of Liverpool, i
the market is very quiet. The rings
seems to be awaiting the National din
ners report
Dallas wires: “Texas, north and east |
portions partly cloudy ; balance generally
clear; south winds. Oklahoma, generally I
partly cloudy; high south winds
Special reports to The Journal of Com- i
merce'on crop conditions:
Georgia -On account of an unusually i
wet season, cotton is fully three io five I
weeks late, and planting os only just
about completed. Preparations of the
ground has been very much below the
standard of last year, and many corre
spondents take a gloomy view of the out
look. For the past ten days, however,
weather has.been unusually favorable, and
estimates of condition do not appear to
average much below former years.
Alabama—ln many sections the season
is so late, that farmers have not finished
planting and -acreage is not definitely
settled. . Reductions are universal, but
not radical, as last month’s estimates indi
cated. Weather of late has been very
.favorable, and cotton, where up. has gen
erally attained good stands. Land, how
ever. has been very poorly prepared.
Work is progressing satisfactorily, and
many farmers expect to have their crops
in good shape very soon. Percentage con
dition is naturally considerably below last
year At this time it was 86. hut com
pared with the very late start of the crop
year of 1907. it is much better than when
it was 61.6 per cent, ’rhe season is two
to three weeks late.
NEW ORLEANS. May 27. Hayward A
Clark:. The weather map shows cloudy
in Texas, Oklahoma and part of Ala
bama; warm night temperatures; no rain
except some light showers in the Mont
gomery district and Atlantic roast dis
tricts. Very favorable weather.
Indications are for cloudy and cool in
the northwestern quarter, possibly some
showers: partly cloudy to fair in the rest
of the belt.
Washington long range forecast for
week: Temperatures will average near
or above normal, with generally fair
weather until near the cluse of the com
ing week, when local showers and thun
derstorms are probable in the Southern
states.
Report fr<»m .Texas say s Cotton- boil
ing in Rio Grande valley Expect gins. t«>
run full lime fiy July IL”
j THE WEATHER"
. CONDITIONS.
WASHINGTON. May 27. The weather
will be unsettled with thunderstorms to
night and Tuesday from the Lake region
and the Ohio valley eastward, while in
the South fair weather will continue, ex
cept in Florida, where there will be show
ers
GENERAL FORECAST.
Following is the forecast until 7 p m.
Tuesday:
Georgia—Generally fair tonight and
Tuesday*
Virginia Fair tonight. 'l’uesday unset
tled; probably locaj showers in the west
ern portion * ’ - * ’ ■
North Carolina and South Carolina -
Generally fair-tonight and Tuesda-y
Florida—Fair tonight, 'rues.lay '■•Low
ers.
Alabama Fair tonight and Tuesday.
Mississippi- Fair tonight Tuesday un
settled.
Arkansas -»JrisellLed. with showerh to
night or Tuesday
Louisiana - Fair tonight and 'Tuesday.
Oklahoma -I’nsejtled. with showers to
night or Tuesday.
East Texas Increasing cloudiness to
night and 'Tuesday.
West Texas —Cloudy tonight and Tues
day
DAILY WEATHER REPORT.
May 27. 1912 Atlanta Lowes’ tem
perature. 67: highest tempera’ ure Sunday .
86; mean temperature. 76: norma! tem
perature. 71, rainfall in 24 hours, none;
deficiency since first of month, 0.41 inch:
excess since first of y ear. 7.58 inches.
REPORTS FROM VARIOUS STATIONS.
Stations— Weath. R’fall
Max 24
! a m. y ‘day. hours.
Atlanta ...f't. cldy/ 72 86
Atlantic CliA Pt. cfdy. ; 54 64 '. ..
Anniston, .. . Pt. cldy 72
Boston <’lear 66 72 ....
Buffalo Pt. cldy ' 64 62
Charleston Cloudy 74 84 0.46
’’hicago Pt. cldy 72 81 0.02
Denver Pt. cldy 54 78
Des Moines., clear 74 82 T
Duluth . t’loudy 48 70 - 0:78
East part. * Me. Clear - *66 • 66 ...
Galveston ... Pt. cldy. 78 82
Helena t’loudy 46 60 0.02
11 oiitson ... Pt. ridy 74
Huron. S D clear .‘*B 82 0.36
Jacksonville . clear 78 !<6
Kansas City Pi. Cldy’ 76 90 0.01
Knoxville < ’lear 76 90
Louisville I*’, cldy. 66 84 T.
Macon < 'lear 72 88 ....
Memphis .. '’lear 72 88 ..
Meridian Clear 72. T
Mobile . . Clear 71 92
Montgomery I’’, eld) 76 92 002
M’rh’ad. Minn''lear C’ S 6 1.06
New <»rleans. Clear 78
New York Clear 66 '.'o ....
.North Platte. '*lear 62 92 ••••
(Oklahoma c]<»udy •_ ’ 92 ....
Palestine Pt. cldy 72 90
Pittsburg clear 60
Portland Cloudy 50 ' 4 0 J 2
S Francisco. I’’, ebly. 62 o.oi
St Louis Pt. cldy <9 82
Si. Paul Pi. cldy. 66 76 0 .32
Salt Lake Cty P’. cldy 52 .0 ...
Shreveport Clear 70 94
Tampa Clear 80 88 . ..
To] e <!<, Clbu'ly 66 80 T
Washing’on . Clear I 64 76 I .. ■ ■
ATLANTA LIVE STOCK MARKET.
(By W. H. White. Jr., of the White Pro
vision Comoany.)
Quotations based on actual purchases
during the current week:
Cho’ce to good steers. J.OOO to 1.200. 5.75
@6 50: gocxl steers. 800 to 1.000, 5.50@6.00;
medium to good steers. ( 00 to 850, S.OO'J/z
", 50: good to choice beef cows. 800 to 900,
4.i50?/ 5 •’(• medium to good beef cows. 700
to 800. I 2•"*<</ 4 75: good to choice heifers.
750 to 850. ’ medium to good
heifers. 650 tn 750. 4 00@ 4 75.
The above represent ruling prices of
good quality of cattle Inferior
grades and dairy types selling lower
Mixed common steers, if fat. 700 to 800.
4 25'*/ 4.75. mixed common cows, if fa'. 600
to 800. 1 <>o47 1.25: mixed common bunches
io fair. 600 ’o 80". 2.756/ 3 50, g<>ud butch
er bulls. 3 25'0 4 00
Prime hogs. 100 tn 200 average. 7 25 o
7.75 c. good butcher Imgs. ! 1" to 160, 7 256/
7.50; good butcher pigs. 100 to 110. 7.004;
7 . ligh' pigs. SO t-> too 6,00< f ; 6 25; heavy
rough hogs. 200 to 2..0. 6 i.Cf/ 7 25.
Above quotations anpl\ to corn-fed
hogs Mas’ and peanut fattened hogs,
1 and -under.
Cattle receipts heh’ trade quirt, ma:
ket barely steady on b“s' grades with
hut little demand for inferior grades at
lower prices.
Mr X N Rrown. of M«-Dmiough, <la .
was on the market with a load of < hoici
-1.200-pound steers from his feed lots,
which topped ’he market for the week
and was probably one. of the best loads
of cattle received in the Xtlanta yards
during the year Mr Brown put these
steers on cotton seed meal and hulls on
December 1 ami they have been fed all
they would take sim r-. Hr is proud of the
results and will ship another load within
the next ten days and expects to feed
more extensive!' another season.
Hog re< eiyis light market s - ady to a
fraction lower
LIVE STOCK MARKET.
CHICAG'i .May 27 Hogs Rec eipts !
i 52.009. market 5 to 10c lower, mixed and i
I butchers $7,156/ 7 70; go< d heavy $7 50t/ ■
7 79, rough ravhy *7 106/7 m. light S7 106;
I 7 55. pigs *5 15 u 6 75; hulL. *7 4 7*o 7.6.5
Ca”le Recrip’s .9.000 market st.ad'.;
s6.oo'*/9 10 Dow- and li*drc <
■ fi y 5, -to. Rd. nd fee '■' ! < $5 <|O6; Hl
iTr x a tv- 16 59 <7 8 .$I \ • 17 ,>a </ ,o
Sher p Rnt pi •» •>"" tna rk • I
| oat i- r aml M 1 ■ - 6 ■<
1 ;i, . jn |
LEHIGH VALLEY j
WE FEATURE
Active Issues in Stock Market
Fractions Off—Canadian
■
Pacific Strong Early.
t
By CHARLES W STORM.
NEW YORK. May 27. Buying and sell- I
ing orders were nearly equalled at the i
opening of the stock market today and |
there was little change in the conditions ;
which prevailed at the close Saturday. ;
The supply was scant and the demand
was limited As a result of the absence
of the selling orders many stocks made
gains on slight transactions. The best
gain was made by Canadian Pacific, which
was up Brooklyn Rapid Transit gain
ed L. while I nion Pacific advanced
People’s <Jas was one of the firmest of
the specialties!, rising \ L’. S. Steel
common was unchanged. Lehigh Valley
was teh weakest of the bard coal rad
roads, decling •'« Illinois t’entral was off
a full point 'The coppers were excep
tionally quiet.
The’curb was quiet hut steady.
This being an English holiday ’here
was no session of the stock market in
London.
During the forenoon a sagging tendency
developed and nearly all the active issues
declined fractionally. Lehigh Valley w*as
the weakest feature, dropping a point.
Fractional losses were sustained in Steel
common and Amalgamated Hopper Busi
ness was on an extremely small scale
Activity developed in a number of
stocks In the late trading, but prices
were irregular. Brick advances occurred
in some issues only to he followed by
downward movements Lehigh Valley
and Reading each moved up I point, but
later lost the advance <>n realizing sales
The majority of the important railroad
issues continued dull.
Stocks closed irregularly.
Governments unchanged; others bonds
steady.
Stock quotations.
I Last | Cl >s i Prev
STOCKS— IHighlLow.lSaie.i Bid.lCl’sa
Ama I. Copper. 83\ ! 82-> 82 V 82Nd 83 _ ’ 4
Am Ire See.. L’9’ 4 29 29’ 4 28-\ 28\
Am Stig. Ref. 130 139 139 . . ,128’-..
Am. Smelting 86 85*- s 85 & « 85G 86
Am. Loeom<» •. 42 12
Am Car Fdy 5859
Am. Cot. (til 54’ 4 54’ 4 54’ 4 53’ 2
Am. Woolen 28G 28*
Anaconda . 42 r, 4 42% 42’ 2 42 1 ,/ 42\
Atchison .. 106% 106 106’ 4 106* ( 106’ t
A. C. L 13!
Am. Can 39% 38% 38% 38% 39%
do. pref. .118 117% 118 117 117’-
Am. Beet Sug 72% 72% 72% 72% 72%
Am. T ami T. 145% 145% 115% 145% 145%
Am. Agricul. 62% 62% 62% 62 61 %
Beth. Steel . 38’. v 37’- 38% 37% 37%
B. R. T. . . 90% 89% 89% 89% 89% I
B and . 10'* 198% 199 108% 108%
Can. Pacific .. 265% 261% 264% 264% 264%
Corn Prod ucl a i 16 . | 161 r
C. and (> 78% 79%
Consol. Gas .’142% 4 42% 142% .1 42 112%
Cen. Leather .' .. 1 25%. 25%
. Colo. F. ami I 28% 29
< 'olo South ... .41 12
I ». and II 170% 170’., 170% 170% 170
I >en. and R. G ’ J .. . . 19% 19%
Distil. Secur. 32% 32 T » 32% 33% 33
Erie 35% 35% 35 f, « 35% 35%
do. pref 53 53 I 53 53 53
Gen. Electric 172% 171 171 170% 170
Goldfield Cons 4% 4% 4%l 4% 4%
(J. Western 17% 17%
Cri North., pfd. 132% 132% 132% 132% 131%
(North. < >re. 43 42% 42% 42% 43
Int. Harvester 122 120% 120% .. . 121 %
111. Central .. 126% 126 126 126 M 26%
Interboro 21% 21% 21% 21%‘ 21%
do, pref .. 61% 60% 60% 60% 61%
lowa Cent ral 12 12
K. C South . ' 25% 25% 25% 25 25%
K. and 'l' .... 27 26% 26% 26% 27%
do. pref. . . 60 I 59 59 I 57 59 : ' l
Lehigh Valley. 178 176 176 J 75% 177%
■ 1., ami N . 158 4 158 % 158% 157% 158%
Mo. Pacific 39% 38% 38% 38% 38%
■ N Y. Central 118% 118 118 118 118%
Northwestern . 13#% 1.38% 138% f. 38% 138%
National Lead 59 58% 58% 58% 58%
N and W 112%
No. Pacific 120. t-20 120 119% 120
< • and W . ... _. 37
Pennsylvania 123-q 123% 123% 123% 123 1
i’aciih- Mail. 3t’ ? 33% 33%.. . 31%
People s G Co lUb'u.H 1. . 114%,J.14% 115" H .
Cressed S Car 35 3j% 31%. 34.% 35
Reading 175 172% 173 172% 171%.
Rock island 27% 27% 27% 27 27 %
<lo., pfd s;>"r ■••• r •»•>% 51’:;
Rep’c I and S 23% 23'.. 23% 23% 23%
do. pfd 78 78%
Sloss-Sheffield 49 ’ 49
So Ha< ifi<- 111 % I’l% 111% HI % 1’ I %
So Railway . 2!' 28% 28% 28% 28" K
•do. pfd. 7<»% 75% 75% '75 75%
Si! ’a ill H>s % 105 % 105 U. f 105 % d 07. *
Trim. Copper 46 - 45% 4-5% 45%
Texas Pacific 23% 21%
Third Avenue 1” ao 10 19%. 10%
I nion I’m-ific . 171% 170% 17"% 170% 170%
I’. S. Rubber 65% 63% 63% 63’ 2 65 |
I tab Copper 62% 62 62 62% 62 r % I
I S. Steel . 70% 69% 6;> 69% 6!'% .
do . pfd. 11l 110% 111 110% 1I » '■< '
Y.-( ’at < ’hem 51 % 51 %
Western I’nion 83% 83%
Wabash 7% 7%
d*» pfd. 18% ’8 18 18 18%
Wnstingh se E 71 ■ 73% 73_ 73
Wis (.’ent ral 51 % 51 %
W Maryland s’* s!' 59 58' x 1 7)8-,
Total sales. 222.600 shares.
MINING STOCKS.
| B'tST<>N. May 27. opening: Nevada
<’ons*lida led 22. Green (’ananca 9%. Su
perior Boston 2%. East Boston 17.
LOCAL STOCKS AND BONDS.
Rid A
1 Atlanta A- West Point R R... 14* H 5
American National Rank . *’*s
I Atlantic. Coal & Ice common. 101 ]()2
Atlantic Coal & Ice pref 9> yg
Atlanta Brewing I?e C 0... 175
Atlat.’a National Rank .... 325
Central Bank «<• Trust Corp 150
Exposition (Jetton Mi 115.....
Fourth National Bank 245 250
Fulton National Rank 125 130
Ga Ry << Elec, stamped . 124 126
Ga K < & Pow Co , common 28 31
do. Ist pfd 80 #5
do. 2d pfd . . 42 4 1
llillyer Trust Company 125
Lowrv Natiotjil Rank 248 250
Realty Trust Company 108 jio
Sixth’ Ward Bank U9U joi
Southern ler common 71 72’-,
Third National Bank, new 205 210
Trust Co of Georgia ... . 225 235
Travelers Hank A- Trust Co . 125 126
BONDS
; Xil.inta Gas Light Ist 5s 101% 105 J
l Georgia State 4%5.
I Georgia Midland 1«? t ?*» 69
<.a Ry A Elec r ’o. 5s .101
</« Ry Elec
I Xtlanta Com nlidatrd 5> I0 0 ’ .
' Atlanta <’”y 3%5. 1931 91 92' -
I,\ ; lant? <’ ’.’ 4 %s. 1921 .. 102 ]O3
tioutnetn Bell 5s . .
NEW YORK PRODUCE MARKET
NEW Y(»RK. Max -’7 Wheat firm.
| July *1 16%<(/1 16%. -pot. No 2 red. *1.23
lin elevator. 41,25 f •• h <'orn quie’.
No :’. in elevator, nominal, export No 2
135’.. f <» b.. steamer nominal N*> ’
nominal '»ats steady natural white.
1, . , '*/62 white clipped 62'*/65’0 Rye *iulet .
No 2 nominal f »» b. New York. Barley
| quiet ; malting $l.16(&l.28 <• i. f Buffalo
I Hay steady, god to prime st .30'// 1.65.
poor to fair sl.2s'*/1 15. Flour dull; spring
I patents $5.60Y/6.10; straights ss.oo'*/5.50;
I dears, slßs'*/5.10. winter patents. ss.!"»'*/
’16.10; straights $5.35'q5.60. dears. s4.7s'*'/
I 5.00.
Beef firm family > 18.(»()'*/ 18 7>u. Poi k
i firm. im-ss $20.25(d 20 75; family $20.25'*/
21.25 Lard quiet; dty steam 10'al0%:
I middle West spot 10.8.5 bid. Tallow steady.
| city, in hogsheads. 6% nominal; country .
I in tierces. 5%<i6%
COTTON SEED OIL.
Cotton seed ofl .notations:
■ >pen nr 1 * noaing
! Spot 6.8.">(h6.99
Max .... 7 00. .70 6 88**/K 98
I June '• '"»'*/ 91 6 R'.G/ 6.95
iJ<d ' ... 7 <»3'-/ .06 6 98''*/ 7.00
Xugust .... 7 I 1,. , 10V/7 12
j Srq.U odw ■ . . 18*0 .19 . 15 z q7 16
;> H . 7 IMO ;18 71. 4) 7t !
I , r ohDi '■ 6< ■/ '• •' 63 •/ h 6.,
■t>r ; r-mhr»» 1 «'** ».»,■>.*» 6 19*6 6
j'< l. ..i.i ir'i 11 - ’ "'.600 !•/' ’r'
ATLANTA MARKETS I
EGGS Fresh country candled, 17fa IS*’ ■
i BUTTER—Jetsey and creamery, tn lib
.blocks, 20%t(i25c. fresh country dull, 10 j
• (*/ 12%c per pound.
I DRESSED POULTRY -Drawn, bead anA '
feet on, p er pound Hens. t*;'*/17<*. fries.;
J 25(q 27c Roosters, Turkeyi. ow
| ing to fatness. JB@2oc. I
LIVE POUL TRY- Hens. 40®45c: roost- I
ers.
! 30c; puddle ducks. 35<*/ 40c. Pekin ducks,
! 40*'*/ 45c: geese. 50(b 60c each; turkeys, ow
dng to fatness, 17'*/18c.
; FRUITS AND PRODUCE.
FRUIT AND VEGETABLES—Lemons
(fancy, $4
.oranges. $3.00'03.50 per pox Bananas.
3(a 3’.. per pound Grapp fruit. $.».00%
; 6.00 per crate. Cabbage. I%tfi2c per pound.
I Florida cabbage. $2(h2.50 per crate. Pea
-1 nuts, per pound, fancy Virginia, 6%@7c.
[ choice, 5%@6c. Beans. round green.
Per crate. Florida celery,
is 2 00(a2.50 per crafe. Squash, yellow, per
six-baske’ crates. $1.50@2.00. lettuce,
; fancy. sl.2s<*/1 50. choice. *’ 25'*/ 1.50 per
crate Beets. $3.00(6,3.50 per barrel. Cu
cumbers. per crate. English
peas, per drum. $ 1 004/1.25. New Irish po
tatoes. per barrel. $4,504/5.00 per barrel.
Strawberries, 54/6c per quart.
Egg Plants.
per. $1 754/2 00 per crate. Tomatoes,
fancy, six-basket crates, $2.50(3'3.00:
choice tomatoes. $i.75@2 00 Pineapples.
$2,504/3 00 per crate onions, $2
Sweet potatoes, p yam. $l5O
(?/’1 75 per bushel Cranberries, $L1.00&
12.00 per barrel; 50c per gallon.
PROVISION MARKET.
(Corrected by White Provision Ce. 1
Cornfield hams. 10 to 12 lbs. average.
16%c
Co-nfield hams. 12 to 14 lbs average
16%c.
Cornfield skinned hams. 16 to 1> lbs,.
1 < %c
Cornfield picnic hams, 6 » j I lbs. tvir
-12 %c.
Cornfield treakfas' bacon. 23c.
Grocer style bacc (wide or narrow).
1 i '•!*'
Cornfield fresh pork sausage (link or
bulk). 25-lb. buckets, 12c.
Cornfield frankfurters. 10-lb. buckets,
age. 10<
Cornfield bologna sausage, 25-ib. boxes,
9c.
Cornfield luncheon hams. 25-lb. boxes,
lie . .
Cornfield spiced jellied meats In 10-lb
dinner pails. 10c
Cornfield smoked linn sausage. 25-lb.
bffxes, 9c
Cornfield smoked Lnk sausage In pickle.
60-lb cans. $4.25
Cornfield frankfurters In pickle, 15 lb.
kits. $1 t»0
Cornfield pickled nigs feet, 15-lb. kits.
>I.OO
Cornfield pure lard (tierce basis), 12%c.
Country style mire lard, 50-lb. Uns only,
12c
Compound lard (tierce basis). 10c.
D. S extra ribs. 1 l%r
D S. rib bellies, medium average,
12%c.
D S. rib bellies, light average, 12%c
FLOUR AND GRAIN.
FLOCR Postell s Elegant, $7.50; Gloria
i self-rising», $6.50; Xictory (finest pat
ent). $6.50; Faultless, finest, $6.2’5; Swans
down (highest patent), $6.25, Home
Queen (highest patent). $6.00: Puritan
I highest patent). $6.00; Sun Rise (half
pa-tenti. $5.50; Tulip Hour. $4.50. White
*’.>»ud (highest paten’), Diadem
• highest patent), $5.50; Farm Bell. $5.40;
Paragon (highest patent). .$6.00; While
Li.y (highest patent), $5.75; White Daisy.
$5.75; Southern Stai. $5.50. Sun Beam,
$5.50: Ocean Spray (patent), $5.50
CORN- Tennessee -White. red cob,
.$1.08: No. 2, white. $1.07; crocked. $1.05;
vellow, $1.05; mixed, $1.05.
MEAL Plain 144-11. sacks. .$-1.01; 96-lb.
144-lb. sacks, $1.01; 96-lb. sacks. $1.02;
sacks, $102; 48-lh. sacks, $1.04; 24-lb
sacks. $1.06.
OATS Fancy white (lipped, 74c, fancy
white, 71c: mixed. 72c
COTTON SEED MEA Ir—l larper, $29.
COTTON SEED HULLS -Square sacki,
$9,50 per ton.
FEEDSTUFF.
SHORTS--Hallluay white, 100-11). ’•ack*.
$1.90; fanev. 75-lh sacks. s’.Bs; P W.
75-H. sacks. $1.80: Brown. 100-lh sacks,
$1.75 Georgia feed. 75-lh. sacks, $1.75;
bran. 75-lh sacks. $1.70: 100-lb. sacks.
$1.65: 11omcnline. $1.75; Germ meal Hotn
eo. $1.75. sugar beet pulp. 100 - lb. ■
$1.55; 75-lh. sacks, $1.55.
CHICKEN’ h’EED Reef scraps. 50
pmin.l sacks, $3.50; 100-pound sacks.
$3.25; Purina scratch. dozen pound
packages. $2.20; Purina pigeon feed.
$2.35; Purina baby chick, $2.30; Pu
rina chow’d.t’f-. <lnz*«n f»«mn«i ’ bacßa’g*‘.<
$2.20; , I’ijrjna < Uiqwdei . . 100-pound s/u-Ls.
$2.15; Ihirina’ scratch. 50 lb sarksj $2,251
Purina .scratch. 100-H>- sacks, Suc-
cess baby chick. $2 10; l'7ggs. $2.20; Vic
tory baby chick. $2 30; Victory scratch,
50-lb sacks. $2.25; Victory’ scratch, 10<‘-
Ih sacks. $2.15: Chicken Success baby
chicj.. $2.10; wheat. 2-hiishe! hags, per
bushel. $1 40: Rooster chicken feed, 50-lb.
sacks. $1 ovstcrshell. 80r.
GROUND FEED—Purina feed. 175 in.
sacks. s2.o(i. Purina molasses feed. $1 95.
Monogram, 100-lb sacks, $1 70; Victory
horse feed. 100-|b sacks. $1 90 : Milko
No. 1, mixed, $.1.80. No. 2. $1.75,. alfalfa
alfalfa meal. $1.50
SEEDS - (Sacked) —German millet
$1.65 cam- seed, amber. $1.65; cane seed,
orange. $1.40; Wheat • Tennessee). blue
I stem. $1.40: rye (Georgia) $135; Appier
I oats, 85c; red rust proof cats. 72c; Burl
| oats. 75c; Texas rust proof oats. 70c; win
>r grazing. 70c: Oklahoma rust proof,
60c; blue seed oats. 50c
JAY Per hundredweight: Timothy,
choice alrge bales. $1 90. Timothy, choice
third bales. $1.60; Timothy No. 1, small
bales. $1.85. alfalfa hay, choice, $1.65
Timothy No. 2. $1.50; Timothy clover
mixed. $1 45; clover ha'\ $1 50 alfalfa
la,, choice. $1 50: alfalfa No 1, $1 70.
alfalfa N*» 2. $1 25. peavine hay. $1.?0;
: shucks, 70c, w heat straw, 80c; Bermuda
I bay, SI.OO.
GROCERIES
SUGAR Per nquno. s’annard gianu
<a’e<i. 5%c; New York refined. 5%c, plan
tat ion. 6c.
('((FFEE Roasted ’A 1 buckles i. $24.25;
A AAA. sl4 50 in bulk; In bags and bar
rels. $2.10; green. 19c.
RlCE—Head, fancy head, 6%
@>6%c. according to grade
LARD Silver leaf 12%c per -pound
Soco. 9%c ppr pound; Fk‘ke White, 9%c
per pound; ("ottolene, $7.75 per cage;
Snowdrift. $6.25 per case.
('HEESE Fan. y full cream. 22c.
Mustard, $3 per case; one
quarter oil. $3
MISCELLANEOUS-Georgia cane syru>
38c; axle grease. $1.75; soda crackers, 7%c;
per pound; leu.on crackers, fc; oyster. ?*>;
tomatoes (2 pounds). $2 case; 3 pounds,
$2.75: navy beans. $3.10; Lima beans. 7%r.
Shredded biscuit, $3 60; rolled oats. $4 per
case, grits thagsi. $2.20; pink salmon,
$5 10 per case; pepper, 25c per pound; R.
E Lee salmon, $7.50; cocoa. 38c; roast
beef. $3 ?0; syrun. 30c per gallon Sterling
ball potash. $3.30 per case: soap.
P e» case. Rumford baking powder. $2 59
■ per case
y.XI/r 'mo hundred pounds. t9< sal’
‘brick (plaint, per case. <2 25: sail brick
1 medi‘-ated •. per * as*-. $lB5. < a R. red r.»ek,
per *‘Wt . $1.00; salt while 90c. 50-
| pound sacks. s_’9c; 2,. |h sacks. IXr
F'SH.
FISH Bream and perch, 6< per pound;
9c per jiound; trout, 10r pgr
pound, bluefish. 7c per pound; pmnpano,
20c pet pound, mackerel. |. p er
pound mixed fish. 6c per pound, black
bass. 10c per pound; mullet, $ll.OO per
ba ri el.
HARDWARE.
I’LoWSTOCKS Haltnan, 95c; Fergu
ion, $1 05.
AXLES $4 pet dozen, base.
SHOT $2 25 per sack
SHOES Horse, $4 04/ 475 per keg
LEAD Bar. 7%c per pound
NAILS Wi/e, $2 65. base.
IRON —Ber pound. 3c baas; Swede <%a
NAVAL STORES
SAVANNAH. May 27. Turpentine firm
at 45receipts 897.
Rosin firm receipts ’.783. waierwliite
$7 404/ 7.50: w indow gla.-s .$7 I". N S7 JJ 1 -,;
,\| .<7.35 K <7.30. I $7.397..32% II
7.32%. G $7 304/ 7 32%. F <7.30 % 7.32 %. E
$6 804/ 7.30; D $6.554/6.60; B. A $6 _ oii ./
6 30
BUTTER. POULTRY AND EGGS
NEW YORK. M e 27 Dr*s cd pmilin
dull; turkeys ;.:<*/2. *'liickeus 170.’8.
fowls ll’zffih'* ducks I 3 4/22; geese 114/
116 Live p<»ultr v quiet, fowls I. asked,
turkevs 12 asked; i.-.sters |f» asked
ducks 12 asked . gosc 84/ M
Rutter firm. « ream(i’ -pc. ials 27’«/..’7’i
• framer' \ 11.1 '■ */ .‘6 ’ . <la t e da u '
tub' . "' >1 ?6*-' *u •< * pc< . *U. -6 hid
i.g,; v < ,1; whit* fan* y 23 bid,
... I ; W 0 fin. ' n’ y ;’% »\i ra ffi ■
' ■ ■> Jl '• . fit 17 ' 'i 1’•
'■ WTHEH
! SENDS WHERT UP
i
Early Buying General—Corn
and Oats Irregular. With
Prices Lower.
ST. LOUIS CASH QUOTATIONS.
Wheal No. 2 red U 9 4/120
Oats 54%
<Hl(’\'i<>. May 27. Wheat was
higher this morning with Bartlett. Frazer
and Logan Bryan buyers The influence
was a message received from- XX’. B.
Snow, now in LaCrosse. Kansas, which
says the plant is thin and deteriorated.
The weather is hot. There were no ca
bles.
•’urn was %c higher to unchanged and
firm. Shorts covered.
Oars were up %4/%c and in fair de
mand.
Hog products were fractionally lower
with hogs.
Wheat closed higher and firmer today
with the May option up %c and July %*’
better. Bullish reports from crop experts
and dry weather in the Southwest were
the main strengthening influences. Lack
<>f outside buying, operated with selling
attributed t*» bull leaders, prevented lar
ger gains
(’orn closed lower. May being off %r
and the mme deferred options % tn %r
low r Heavy selling was the jnatn cause
Oats were irroguiar. May being ■'■«
lower while July was %*• lower and Sep
tenibei unchanged
Provisions were steady to a shade high
er despite a big run of hogs in the West.
CHICAGO GRAIN MARKET.
Pre*.
69pen. High. Low. ClMe.' Clos(k
WHEAT—
May 1.1 1% 1 .1.'% 1 .14-% 1 .14% 1 14%
Jllly 1.11’; 1.12% 1.10% 1.10% 1.10%
Sept 1.06% 1.06% 1.05% 1.05% 1.05%
Dec. 1.06 1.06 % 1.05% 1.05% 1.05
CORN
May 82% 82% 81% 81% 82%
July 76% 76% 75% 75% 76%
Sept 73% 71% 73 7.3 73%
Dec 63% 63% 6.3 63 63%
OATS—
May 56 56% 55% 55% 55
July 51% 51% 50% 50% 51%
Sept. 42% 43% 42% 42% 42%
Dec. 43% 44% 4;i% 43% 43%
PORK
Mv 18.42% 10.12% 18.32% 19.32% 18.32%
Jlv 18.25 28.47% 18.25 18.37% 18.37%
Spt 18.30 18.55 18.30 18.42% 18.42%
LARD—
' Mv 10.50 10.50 10.50 10 50 10.50
1 Jl\ 10.55 10.62% 10.55 10.60 10.60
Spt 10.75 10.82% 10.72% 10.80 £O.BO
' Oct. 10.85 10.85 10.85 10.85
RIBS—
Mv 10.15 10.15 10. 15 10.15 10.12%
1 JR 10.12% 10.20 10.12% 1.0.20 10.57% •• •
Spt 10.25 10.35 10.25 10.32%. 10.32%
CHICAGO CASH QUOTATIONS.
<’lll(’AG< >. Mav 27. Wheat. N*» 2 red,
$1.154/1.16’y; No. 3 red, $1,134/1.14%; No.
2 hard winter. $1 154/1 16. No. 3 hard
winter. $1,184/1.14%: No. 1 Northern
spring. $1,174/1 21; No. 2 Northern spring.
$1,144/1 19; No. 3 spring. sb.l4/1.16.
Corn. No. 2. 824/82%; No. 2 white, 82%
4/83%: No. 2 vellow. 824/83; No 3. 784/
79 N<>. 3. 80%4i81; No. 3 yellow, 78%47 80.
No 4. 74%4175; N" 4 white, 764/77; No. I
yellow, 75*2 4/ 77
• »ats. No. 2 white. 574jp57%;
4/56. No 1. 54%4/ 56. standard. 574/57%.
U. S. VISIBLE SUPPLY.
Following shows the United States vis
ible supply in grain for the yveek;
This Last Last
Week Week Yea t
Wheat. . 32.226.000 34.568.000 25.90fi.nnn
• (’orn 5.797,000 6,528.000 3.888.000
I oats . . . 8.692,000 8.834.000 8,125.000
CHICAGO CAR LOTS.
Following are receipts for Monday and
estimated receipts for Tuesday:
| Monday. I Tuead
Wheat .... 36 T 38
Corn l ft l 152
’ oats 135 128
Ilogs 52.000 I 15.000
PRIMARY MOVEMENT.
V !ii:vr i 1912 I _J9il 2Z
Receipts 588,000 1 RD.OOO
Shipments 533.000 : 487,000
CORN l_ I
Receipts ' 622.000 1.290.009
• Shipments ! 380,000 ! 407.000
KEETON KRUEGER CO.
[ CALLED BANKRUPT BY
THREE BOSTON FIRMS
, The Keeton-Krueger Company. Iradera
and mercantile brokers, was served today
: wlt'h formal notice that an involuntary
1 petition io bankrupts had been filed
against it hj three Boston firms with
which it had had business dealings The
firms and amounts claimed are the T>.
W I’.anlet t'otnpany. $055; Noyes & Cpl-
'• by. $239. and K. Howlett. $5lO. ■,
The l> \Y llanlet Company and NOyes
' Colby say they bought cotton seed' .
meal from the Atlanta concern, and that
because the ears were not delivered
promptly they lost he above amounts. K.
c Howlett said that his claim is for
commission for selling 102 cars of cotton
sec*i meal.
( Th? Keeton-Krueger Company has of
fices ill the Atlanta National Bank build
ing
NEW BANKING COMPANY
FORMED AT COLUMBIA
i Citl.r.MßlA, S. c. May 27.-The Ti-
1 Gii.irantv ami Mortgage Company
of Columbia wav granted a charter by
tin ~<eiet;cy state today with an
authorized capital stock nf $250,000-
The company proposes to do a general
i.-al estate ami guaranty trust business.
• It is headed by K, L. Manning, of Sum-
, ; T B. Stackhouse, of Columbia; F.
■ 1,, Win-6. of i-'iofent >■; I>. P. McCall, of
' FlennettsXille. H J Haynsworth. of
Greenville; 11 R f t lisle, nf Spartan
burg; M.’scs H Grossman. of N'e.v
York; Robe'l M Elder, of New York;
| Joseph .\'oi'w..od. of Columbia; Richard
I Singh ton. of Columbia, and Charts
I Bat i on. of < 'olumbia.
The Ki-tshaw Cotton mill, with eapi
t.tl stock of s2<lo,ob". was also granted
| a charter today.
[priest offers to teach
SKEPTICS CATHOLICISM
i-'a Gier R.ipivt. of Sacred Heart
I chtf cii, in a statement declaring foes of
‘the i'atholit church would feel differ
ently if tin t r. idy knew its principles,
offered to send free of charge to all in
terest, I i" sons who ask for them
coin, a ot various books setting forth
wh.it Roman Catholics believe thei|
. lie.op to be H, stales that much Ups
~.. n s.i , igainst hi- < hurt’ll betause
~,• p , i of knowledge on the part of
apo.,ket tnd lite offer on his pa 1 I
t,. ,0 on o)■ ■ kion, what the t'ath-
. , i • .-t ■ || .oldr* ~is 299 Is
: I reel.
17