Newspaper Page Text
JHO WILL OWN
THERNLRMDS?
William W. Cook, of Corpora
tion Fame. Has Some New
Thoughts on the Subject.
By B. C. FORBES.
NEW YORK, May 27.—A man of affairs,
well read, far traveled, and a close stu
dent of economic conditions at home and
in foreign countries, sends a pamphlet
with the request that it. be outlined and
discussed-, in this column. Its suggestive
title is "industrial Democracy or Monop
oly? A rian .for the Public Ownership of
Our Railroads." By "Public’' is not meant
government ownership. The author is
somebody in the corporate field, to wit,
William YV. Cook, of “Cook on Corpora
tions’’ Rime The subject treated is time
ly. 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
t American railroads is unquestionably one
of the gravest problems confronting the
nation. Are we drifting toward govern-
Hi£nt ownership? Or can that be avert
ed? If so. how?
Mr. Cook, unlike most critics of current
proffers a solution. Before
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
capital he subject to their control, direct
ly or 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.
Cook contends.
♦ • •
Here is Mr. 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 United
States. i .
•Tor doing this 1 .propose the following
method: Congress should incorporate a
railroad ’holding company.’:wlth 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
be self-perpetuating. The dividends on
the stock could be limited, say to 3 per
cent Those dividends could be guaran
teed by the Federal government. In oon
sideration of the guaranty, all sur Pj“ s
profits over the 3 per cent could by the
terms of the charter go to the govern-
I ment. ~ ..
1 “This holding corporation could easily
made to acquire by purchase or con-
the . omrofc of all the railroads
H>f (he cduntry. besides providing funds
future extensions and improve
fnents of the railroads .
B The money detffyep Ji'.sq U’C sale, as
■needed. of the holding company's 3 per
<-ent guaranteed stock be. used .to
bin the railroad stock* on the market or
al private sale or by condemnation. Half
of the five billion -par value—of our rail
road stocks "‘would give an absolute con
trolling majority ot live rajlroad stocks in
this country." Ten main roads practically
control our railroad transportation and an
actual majority of their stock would cast
less than a billion and a half of dollars.
The holding company's stock “would be
equal to a United 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 "*ould be equivalent to a
national savings bank for millions of peo
pie.” i ■ » •
Each stockholder would have but orte
tote. . ,
» If the charter of the proposed railroad
holding company for the United States
named the first twenty-five directors—
men of character, chosen from different
parts of the country—and gave them pow
er to elect their successors, subject to the
approval of the president of the United
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 check
were desired, the election of directors
might require the approval of the United
States senate as well as that of the pres
ided* If that safeguard against the cap
italistic contra be doubted, the "recall” of
directors by vote of the stockholders
would be a modern remedy.
It (the plan) would not impair the effi
ciency of the present railway staff, be
cause the present railroad corporations
would be continued, the present offieftis
and employees and mode of selection, pro
motion and organization, retained, with no
government officials to interfere. • .
I And it would give advantages which
| —.government ownership could not give. I*
■jjyould mean the avoidance of vast na-
debt and a railroad deficit to be
; :Hnde up by taxation: the preservation of
—institution of private ownership of
railroad property: and -a more efficient
management of railroads than any gov- I
hrnment ownership ever did or ever could !
give. It is the utilization of the corporate ■
idea which has proved such an Aladdin’s
lamp for modern industries it is avoiding
government ownership by keeping the
propert' out of the hands of ignorant
inters and politicians It will prevent the
great republic foundering on the division
of spoils. It is not Socialism, it is not
government ownership; it is not even di
rect governmental control, and it is abso
lute!' practical It would nationalize rail
roads without political agitation and with
out costing the national government a
dollar.
• • •
1 bard!' think so. Another column will
be devoted to a discussion of the whole
subject
ESTABLISHED 1861
The Lowry National Bank
OF ATLANTA, GA.
CAPITAL - Si, OOO*OQO
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 27.—After
having lived for 30 years almost in
poverty rather than sell the old farm
and home where she and her husband,
John H. Walters, spent their early mar
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, Fourndy
Walters, hold a three-quarters interest
in the old farm of 40 acres now almost
in the heart of Gadsden and worth 1600
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
property, even though tn nedd 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 her son will have a
fortune of $15,000 if they decided to
convert their part into cash.
SHOP TALK
■ —I
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. Thia is a
good opportunity for the people of
Atlanta to obtain rare qld 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 Tybee, the pre
mier summer resort of the Southeast.
Tybee has put on its best bib and tuck
er in preparation for the opening. For
several weeks 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 want's of the
public. The Central of Georgia rail
way put into effect a much'improved
schedule May 25, with the completion
of the oil-burning, cinderless engines
the Central is to operate to Tybee,
which are certain to increase the travel
to the resort. The elimination of dust
and cinders will make the Tybee trip
a real joy instead of a hardship, a» it
has been In the past. The Central is
now operating six trains daily to and
from- Tybee.
J. W. Goldsmith, Jr., of the Fulton
Auto Company, is in Detroit on busi
ness. Later he 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 dotin his position with a con
cern as large and prominent as the
Cole Motor Car Company. Tn Indian
apolis he is the real noise in hia 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. Motor Car
Company, with temporary quarters in the
Collier garage on James street. The new
company will handle the well-known
HerrescholT line.
The HerrescholT oornes in a touring 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
will move to a new location—up-to-date
quarters, show rooms, stock rooms, ser
vice department, etc. —in the near fu
ture.
MISSING HEIR FOUND IN
CAST OF MUSICAL SHOW
ST LOUIS. May 27.—After a search
bf two months for Edward A. .Smith,
lieir to $60,000 of his father's estate, the
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.
I. O. Thompson having sold to C. W.
Phillips, of Albertville, Ala. The new
editor is an experienced weekly- news
paper man. Mr. Thompson has re
turned to his home at Pickens, S. C.
THE ATLANTA GEORGIAN AND NEWS: MONDAY. MAY 27. 1912.
GINOS'REPORT
BREHMTTON
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 eotton 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 the National Ginners'
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 85.6 In 1911.
At 2 o’clock prices were 15 to 23 points
below the previous close
At the close the market was steady at
the low levels of the session, 20 to'S3
Solnts decline from Saturday's final aud
itions.
RANGE IN NEW YORK FUTURIB.
1 $ t ajj 8 si
o x J ■<? y 0.0 .
Maj 11.08'11.09 10.95 10.95 10.95-96 11.15-16
June 11.02111.0$ 11.03|11.02 ; 10.89-9lill.l0-12
July J 1.09 11.18 10.95;i0.9«'10.96-97'1t.18-19
Aug. ,11.15,11.17 11.01!11.04 11.02-04'11.24-28
Sept, 11.22 11.22111.22 11.06-08 11.27-29
Oct. 11.27'11.30 11.11 11.13 11.13-14 11.34-35
Nov. ! I ! 11.17-19 11.37-39
Die. '11.32 11.40111.3111,85 11.24-$5 11.44-45
Jan. i 11.32111.31 11,17 11.21 11.19-21|11.42-43
Feb. ' 111.23-25 11.46-48
Meh, i11.42'11.46111.29 11.29;11.28-30'11.51-53
Closed steady.
Thfcre was no market in Liverpool.
HAYWARD A CLARK'S
DAILY COTTON LETTER
NEW ORLEANS, May 27.—The weath
er continues very favorable. 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
earlj* trading The usual scarcitj- of sell
ers was conspicuous. It was caused by
the anticipation of a bullish National Gin
ners' and bureau report. The Journal ot
Commerce reports on Georgia and Ala
bama suggest a low condition figure.
RANGE IN NEW ORLEANS FUTURE*.
i. S ! 1 0
O X J U 3.5
May !11.41|ll.«f!ii:54'TL6471T5iTM TL6G6S
June ' 11,53-64'11.65-67
July 111.«41n.«7|11,62 11.27 11.52-54 11.70-71
Aug. I 11.39-41 11.58-60
Sept ... ..i 1..... i 11.82-34 11.51-53
Oct. ’11.39 11.41111.42 11.27 11.26-27 11.46-46
Nov. ! I L....1 11.28-30 11.45-4(
Dec. 11.41'11.43|11.25 11.29:11.29-80 11.47-18
Jan. ill.44'11.4«lll.30lll.80|11.31-32 11.51-62
Feb .... 1 111.33-35 11.52-54
Mtf). !■■■■? ! ' 111.38-40 11,58-59
Closed steady.
SPOT COTTON MARKET.
Atlanta, steady; middling ll’-fe.
New York, quiet; middling 11.40.
New Orleans, steady; middling ll 9-16
Liverpool, holiday.
Savannah, quiet; middling 11%.
Augusta, steady; middling 12c.
Mobile, steady: middling 11%.
Galveston, quiet; middling 11*,.
Norfolk, quiet; middling 11%.
Wilmington, ..nominal.
Little Rock, quiet; middling 11*4
Charleston, nominal; middling 11%.
Louisville, firm; middling .1114.
Philadelphia steady; middling 11.65.
Boston, quiet: middling 11.40.
Baltimore. ■ nominal: middling lt%.
Memphis, steady; middling 12c.
St. Louis, steady; middling 11%.
Houston, steady; middling 11 9-16
Louisville, firm; middling 12c.
PORT RECEIPTS.
The following table shows receipts at
the ports today compared with the same
day last year;
I 1912. I 1911.
New Orleans ' 1.415 | 894
Galveston 1,344 1,019
Mobil* .....’ 70 -35
Savannah LO7l 732
Charleston 28 82
Wilmington • 108 '.)
Norfolk 518 536
Boston | 73 152
Pensacola 2,200
Total . . . . . 6.822 ! 3,459
COTTON MARKET OPINIONS.
Miller & 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 & Co.: We SdVfse the pur
chase of the distant positions around the
11c level.
Hayden, Stone & 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’*014% Rice strong; do
mestic,* ordinary to prime. 4%®5%. Mo
lasses quiet: New Orleans, open kettle.
350 45. Sugar, raw firmer; centrifugal
3.985; muscovado 3.485; cut loaf 4.00: |
crushed 5.90; mold A 5.60; cubes 5.45:
powdered 5.30; 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%014%: skims,
specials. 11011%; skims, fine 9%©10%;
full skims. 7@7%.
NEW YORK COFFEE MARKET.
Coffee quotations:
| Opening. I Closing
January. .... . 13.55513.60 13758013.59
Februarv 13.50® 13.60 13.520 1.3.55
March. ’ 18.57©13.58i13.59®1.3 60
April 13.55013.60 13.59013.60
May 13.20013.30 13.27013.28
June 13.250 13.40 13.31© 13.32
July 13.33013.38 13.35013.36
August 13.(0013.50 '13.45013.47
September 13.54 * 13.55013.57
October 13.5001.3.60 13.56© 13.57
November 13.50 0 13.60 13.57013.58
December 13.55 13.580 13.59
Closed steady. Sales, 54,500 bags
METAL MARKET.
NEW YORK. May 27.—At the metal
exchange today further strength was
shown in the leading commodities
Quotations: Copper, spot. 16.10016,30;
May, 1617%@16.35: June, 16.37%©16.40;
July, 16.36®16.37%; August, 16.35016.40;
lead. 4.15(&4.25. Spelter. 6.80©6.90; tin,
46.60@47.00.
BOY STEALS SONGBIRDS
T 0 GOSHOWS
NEW YORK, Maj' 27,-yln order to
get money to go to moving picture
show's, William Walter, twelve years
old, stole three canaries—Caruso. Mary
Garden and Tetrazzini—from public
school No. 82. The birds died in his
pocket.
TEACHERS INSTITUTE MEETS.
COLUMBUS. GA. May 27. —Musco
gee count?' institute sot white teach s
hogan its annual session in this city
lodaj. with State School Supervise"
F F. Land, of Dawson, conducting th'
exe‘."ctr.»!i T«» h’i« from rxet j "ctton
f the count? sir In attendan>‘.
Fnews and gossip,
Os the Fleecy Staple
(From Has ward & Clark.l.
NEW Y ORK. May 27 —Carpenter., Bag: i
got a Co.: In the. absence of Liverpool. I
the market is ver? qtilet. The rings'
seems to be awaiting the National Gin
ners report..
Dallas w ires; "Texas, notlji .and. east
portions parti? cloud? , balance generally
clear; south winds. Oklahoma, general!?’
parti? - clbudj’; high South winds."
Special reports to The Journal of Com
merce on crop conditions:
Georgia—On account nt an unusually
wet season, eotton Is fully three to five
weeks late, and planting os only just
about completeci. 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. IVeather 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
man? - 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. but com
pared with the very late start of the crop
year ot 1907. 1t is much better than when
it was 6L6 W cent. The season is two
to three weeks late
NEW ORLEANS. May 27. Hayward £•
Clark; The weather map shows cloudy
in Texas. Oklahoma, and part of Ala
bama; warm night temperatures, no rain
except .some light: shower? in the Mont
gomery' district and Atlantic coast dis
tricts. Very favorable weather
Indications are for cjoudy anti cool in
the northw’estern quarter, possibly’ some
showers; partly cloudy to fair in the rest
of the belt.
Washington long ritige forecast for
week: Temperatures will average near
or above, normal, with generally fair
weather until near the close of the com
ing week, when local showers and thun
derstorms are probable in the Southern
stM-tes
Report from Texas says: "Cotton boil
ing in Rio Grande .valley* EXpehL. ~ o
run full time hy July
| THE WEATHER
CONDITIONS.
WASHINGTON. May 27.-I’llo 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 Tuesday unset
tled: probably local showers in the west
ern portion. . . . .
North Carolina'and South Cirolina —
Generally fair tonight and Tuesday.
Florida—-Fair tonight; Tuesday show
ers. «
Alabama?-Fair tonight and Tuesday.
Mississippi—Fair tonight; Tuesday un
settled.
Arkansas-Unsettled, with showerh to
night er Tuesday..
LouisianaFair tonight and Tuesday.
Oklahoma—Unsettled, 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 37. 191’2. - Atlanta: Lowest tem
perature, 67; highest temperature Sunday.
86; mean temperature. 76: normal tem
peratujEA^-Jlj*.raiuffcU In 24 hours, none,
deficiency since first of month. 0.41 fricli;
excess since first of year. 7 58 inches.
REPORTS FROM VARIOUS STATIONS.
Stations — Weath. Temperature I”fall
I I 7 I Max. I 24
Atlanta 77ZJ777 Vt-cldy. ~72. I. 86 I ....
AtlantiC'Cfl?%,pt,x!l<jy,i ; 54 *•-. S 4
Anniston, ~ J?t. eldy.' 73 : ....
Boston Clear 66 ’72 I . ..
Buffalo .... , fitly-. «4 -T 62 • .
(’harlesfpjh;,..U'foudy 7 71 " 84 10.46
Chicago vt. Cjdy/. T‘2.. ; 84 0.02
Denver .?.... M. ! 78 . .
Des MofneS.. ’’ i 4“ I’ 82 T.
Duluth .JUJoudy i 48 -i 70 ; 0.78
Eastport. •» t HO [ ....
Galveston *\/; > I’ftyidy 6 .*' ’ 78 ' 82 ■...
Helena Cloudy 4G 60 I 0.02
Houtson . . uPI. cldy.. 74 .
HuronVS TTT'Y’Teift"-’* 82' n .36 '
Jacksonville .[.dear ~,.78 j 96
Kansas City., Pt cldy, 1 7«- 90 : 0.01
Knoxville • 'Clear ,46 90
Louisville . . .4H. cHdy. 66. I- 84 T.
Macon Clear 72 88 ....
Memphis .....'Clear 72 88
Meridian ...... Clear -72 IT.
Mobile . ( *lea.r' > v 74.' ‘ ' 92
Montgomery . Pt. cldy. -: 76, ! 92 0 02
M’rh’ad. Minn clear 62 'B6 1.06
New Orleans * {Clear -4 78- *■■ 90 I ....
New York ...»'lear 66 90 | . ...
North Platte. Clear 62 92 ....
Oklahoma ... Cloudy 74 92 ....
Palestine ... Pt. cldy. 72 90 ’ ....
Pittsburg .... Clear 60
Portland ... Cloudy | 50 64 0.22
S Francisco.. 1 Pt. cldy. 54 62 001
St. Louis Pt. cldy. 70 RZ
St. Paul Pi. cldy. 66 76 0.32
Salt Lake CtV PL cldy. 52 70
Shreveport . .. Clear 70 94 ....
Tampa Clear 80 88 .
Toledo .Cloudy 66 80 T
Washirrgtdn-. .’'Clear I 64 76 'F . .
ATLANTA LIVE STOCK MARKET.
(By W. H. White, Jr., of the White Pro
vision Comnany.)
Quotations based on actual purchases
during the current week;
Choice to good steers, 1,000 to 1.200. 5.75
(fi6.50: good steers. 800 to 1.000,
medium to good steers. 700 to 850, 5.00(1$
5.50; good to choice beef rows. 800 tn 900.
io 800. 4.2h$ L 75: good to choice heifers.
750 to 850. medium to good
heifers, 650 to »bO, 4 00(£t4.75.
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.
4.25 'a 4.75: mixed common cows, if fat. 600
to 800, 4.00/fr4.25; mixed common bunches
to fair. 600 to 800. 2.75(9’3.50; good butch
er bulls, 3.25 < d 4.00.
Prime hogs. 100 to 200 average, 7.25 z </
7.75 c: good butcher hogs,’llo?to 160, 7.25'c/
7.50: good butcher pigs. lon to 140;-T.OOw
7.25; light pigs. 80 t/» 100.
rough hngs. 200 tn 250. *6.75^7.25.
Above quotations apply to corn-fed
hogs. Mast and peanut fattened hogs,
and under
Cattle receipts light, trade-quirt; mar
ket barely steady on best grades with
but little demand for inferior grades at
lower prices.
Mr. A. N Brown, of M<l’onougli. Ga .
was on the market w|th a load of choice
1.200-pound steers from his feed lots,
which topped the marker for the week
and was probably one of the best loads
of cattle received in the Atlanta yards
during the year. Mr. Brown put these
'steers on cotton seed meal and hulls on
December 1 and they have been fed all
they would take since. He is proud of the
results and will ship another load withiti
the next ten days and expects to feed
more extensive!' another season.
Hog receipts light: market steady to a
fraction lower.
LIVE STOCK MARKET.
! CHICAG<». May 27 Hogs Receipts
52.000: market 5^ to 10c lower; mixed and
butchers good heavy |7.so*J>
7.70; rough eavhy
7 55; pigs bulk. 87.15'0 7.65.
Cattle Receipts market stead'.
beeve« $6.00'1*9.4J). cows and heifers. 50
f»jß 25. stockers an<- feeders. L’> 6.‘»0;
Texans.' "5. ‘alvc? $7 50'q R .50
name* and Western 15 Oe<j6sO, Umb
o<» a 9 |0
LEHIGH HUEY
WFEATURE
f
Active Issues in Stock Market i
Fractions Off—Canadian
Pacific Strong Early. ■ '
By CHARLES W STORM.
NEW YORK. May 27.—Buying and sell
ing orders were nearly equalled at the
opening us 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 w as made by Canadian T’acific. which
was up ** Brooklyn Rapid 'l’ransit gain
ed %, while Union Pacific advanced %
People's Gas was one of the firmest of
the specialties!, rising *s U. S. Steel
common was unchanged Lehigh Valley
was teh weakest of the hard coal rail
roads. decling *». Illinois Central was est
a full point. The coppers were excep
tionally quiet.
The curb was quiet but steady.
This being an English holiday- there
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 was
the weakest feature, dropping a point
Fractional losses were sustained in Steel
common and Amalgamated Copper. 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 be follow’ed by
downward moyements. Lehigh Valley
and Reading each moved up 1 point, but
liter lost the advance on realizing sales.
The majority of the important railroad
issues continued dull.
‘ Stocks closed Irregularly.
Governments' unchanged; others bonds
steady.
Stdrk quotations: .
| I (Last |CI">» lPra»
STOCKS— IHlghlLow.lSaia.l Bld.lCl’aa
Amal. -Copper: 83»C 82%l $2%; 82%'' 88’i
Am. Ice Sec.... 1
Ant Sug. Ref .13(1’ 130 1130 ...128> s
Am. Smelting 8G 1 85% 86%
Am. Loconin.,,l 42 ' 42
Am. <'ar Fdy.J 58%i 59
Am, Hot. Oil 54R 54’4 54 '< 53U 54
Am. Woolen ... ! 28% -8%
Anaconda .. .. 42% 42% 42% 42% 42%
Atchison .. 106% 106 106 %: 106%' 106%
A. C. L : ... J .. ..! .. . ,|l3B ;i39%
Am. Can 39% 38%l 38%; ,tg% 39%
do. pref. .118 117% 118 "117 117%
Am. Beet Sug 72% 72% 72% 72%j 72%
Am. T. and T. 146%’145%J45%|145% 145%
Am. Agrlcul. . 62% 62% 62%' 62 61%
Beth. Steel 38% 37%i 38% 87', 37%
B. R. T 90%l 89% 89% 83%: 89%
B. and 0 109 .108% 109 |i.08%108%
Can. Pacific .. 265% 264% 264-% 264%'264%
Corn Products I ....' .... ... .! t 6 1 16%
C. and 0 1 ....,. .... 78% 79%
Consol. Gas .. 1142% 142% 142% 142 142%
Cen. Leather. ..-.I .. J ~. . 25%. -25%
Colo. F. and I. 28%' 29
.Colo. South 41 42
D. and 11 170% 170% 1170% 170% 170
Ren.- and R. GJ ...J ...J ...J 19% I 19%
Distil Secnr..: 32%: 33%: 3$ -
Erie 36% 35%: 35%' 35%, 36.%
do. pref. ..'53 j 53 I 53 I 63 I 53
Gen. Electric .172% 171 1171 !170%|170
Goldfield Cons? 4'i 1 4% 4% 4%" 4%
G. Western .. ....! ....I 17%l 17%
G. North.. pfd.i132%!132% 132%, 132% 131%
G. North. Ore.. 43 I 42%, 42% 42%l 43
Int. Harvester 1122 120% 120% . .
111. Central ..|12»%1136 126 126 ,126%
interboro 21%! 21%: 21% 21%l 21%
do. pref. 61%: 60% 60% 60% 61%
lowa Central..' .... ...J .... 12 I 12
K. C. Smith....l 25%: 25% 25%l 25 ; 25%
K. and T 27 ! 36% 26%; 26% 27%
<lO. pref ..J 60 I 59 '59 1 57 : 59%
Lehigh Valjev.ll7B 1176 J 176 1175%;177%
L. and N. . . .1t58%|158%'158%!157% 158%
Mo. pacific 39%l 38% 38%' 38% -88%
N. Y. Central .’118%!118 'l.lß 1118 1118%
Northw-cstern . 138%;i38% 138% 138% 138%
National Ldad.l 59 ' 58%: 5858% 58%
N. and W I I I |112%
No. Pacific 120 120 1120 119% l.? 0
O. arid W. . (. £■ ■ : 37
Pennsylvania. . 123% t? 3% 123% 123% 123%
Pacific Mall. . 34% 33% 33%: 24%
People’s G. C0.;i16%!114 114% 114', 115%
Pressed S. Car 35 34*,: 34%i 34%l 36
Reading. ..'175 ’172% 173 1172% 174%
Rock Island . . 27%; 27%: 27% 27 .1’7%
do., pfd. . ■ 55% 55% 56% 1 54 %j 55L
Rep'e 1 and S. 23%l 23%: 23%: 23% 2.3%
do., pfd. . . 11 78 78%
Sloss-Sheffield 1 49 : 49
So. Pacific. . .1111% 111% 111 % 111%,111%
So. Railway .. 29 | 38%: 28 ~J! 28% 38%
do., pfd. .. ■J 5% 75%: 7u.%; .75 75%
St. Paul. . . "1'05% 105% 1 105V 2 :i-05%j05%
Term. Clipper- . 46 ' ' 45% '4s%'i 4T» 45%
Texas Pa cifi<* . 23%
Thin! Avenue . 40 W 40 49\ 40“<
I’nion Pacffit* t7l V 2 ‘l7<) ! ’* , 170 a l 170\‘170%
L. S. Rub be?; 4 05 •%. 03% 03% 03% 05
Ctuh Copper . 62 1 4' 02 02 02% I
r S. Steel 70% 69% 09%: 09% 69%
do. pfd ... 111 |U0 7 i!l11 11O% ( 11OL ;
V. Chem 1 I 51% 51%
Western I nion 83% 83%
Wabash 1 ; T% 7%
do., pfd. . . 18'$ 18 'lB 18 ' 18%
Westingh’se E.j 74‘A 73% 73% 73_ 73_
Wis. Central . . 51% ! 51%
W. Maryland ■ 59 59 59 58% 58-% ,
Total sales, 222,600 shares.
MINING STOCKS.
BOSTON, May 27.—Opening: Nevada
Consolidated 22: Green Cananea 9' 2 ; Su
perior Boston .2'/,: Easi Boston 17.
local stocks and bonds
Bit! Asked
Atlanta * West Point R ft... 14« 145
’ American National Rank —6 Jtt
Atlantic Coal & Ice common. 101 102
Atlantic Coal & Ice pref....'. M 94
Atlanta Brewing & Ice C 0... 175
Atlanta National Bank .... 325
Central Bank & Trust Corp 150
Exposition Cotton Mills 1S» jrj
Fourth National Bank 245 250
Fulton National Bank 125 130
Ga Ry- * Kl '“ c - stamped.... 124 126
Ga. Ry. & Pow. Co., common 28 31
do. Ist pfd 80 gg
<lq, 2d pfd 42 44
Hillver Trust (.umpany 125
Lowrv National Bank 248 250
Realtv Trust Company 108 no
Sixth' Ward Bank ... 99% jot
Southern Ice common 71 72%
Third National Bank. new.. 205 210
Trust Co. of Georgia 226 235
Travelers Bank & Trust Co.. 125 126
BONDS
\tlanta GSs. Light Ist ss. .. 101% 105
Georgia State 4%5. 1915 .... 101 10a
Georgia Midland Ist 3- 62 .
Ga Rv X- Elec. Co. 6s ... 101
Ga. Ry. Elec ref. 5s 99 99%
Mlante Consolidated 5s 102%
Atlanta City 3%5, 1931 91 92%
yilanta City 4%5, 1921 .. 102 103
Southern Bell 6s •
NEW YORK PRODUCE MARKET.
NI.W A'flßK. May 27. Wheat firm:
.Ini' 51.16''h0 ’ 16% : spot. N’t. 2 red. 51.25
in elevator. $1.25 f o b. Corn quiet;
No. 2, ill elevator, nominal, export No. 2.
85’/:. f o. b.. steamer nominal; No. 4
nominal (tats steady , natural while.
6106"-’: white clipped 62065'.. Rye quiet;
No. 2 nominal f. o. h. New York. Barley,
quiet; malting 51.1601.28 <-. I. f Buffalo.
Hav steady: god to prime 5L3001.65:.
poor to fair 51.2501.45. Flour dull: spring
patents $5.6006.10; straights $5.0005.50;
clears. $-1.8505.10; winter patents, $0,900/
6.10; straights $5.3505.60; clears, $4.75®
5.00
Beef firm, family SIB.OOO 18.50. Pork
firm: mess $20.25020.75; family $20.25©
21.25. Lard quiet: city steam 10®l0’ t ;
middle West spot 10.85 bid. Tallow’ steady;
city, in hogsheads. 6% nominal; country,
in tierces. 57,06%
COTTON SEED OIL.
Cotton seed ofl quotations:
| Opening. 1 Closing
Spot 71 . I <8006.9'9
M»< 7 0007.50 6 8806.98
June 6.900'6.91 ’ 6.8906.95
Jul' . . , . ~7.030 7.06 5 9807,00
tugust . . . .' 7.1307,16 7.1007.12
September . . . .' 7 180 7.19 ~'1507 16
octohri 7 160 ?18 7.120.7 13
• cn’bAt , 6,f>4®6.70 h.6.\
i»>r?subi*r «5 LVa »*..4*>b 6 49&6 .V. ‘
7'7-I *a^lcr , l»Mi rei ■
[[ATLANTA MARKETS f
EGGS- Fresh country candled. 17®18c
1 BUTTER—Jcisey and creamery, tn 111*
1 blocks, 20%0 25c; fresh country dull, 10
I foJ2%c per pound.
I DRESsh'D POULTRY—Drawn, beat! anfl
I LV'i!Pf r .pound. Hens, 16©17c; fries.
, ~5®27c. Roosters, s®loc. Turkeys, ow- '
j ing to fatness. 18020 c.
LIVE POULTRY—Hens. 40®45c; roost-
I ers. 35035 c; fries, 30050 c;. broilers. 25®
30c; puddle ducks. 35®40c; Pekin ducks,
40©45c: geese, 50060 c each; turkeys, ow
ing to fatness, 17018 c.
FRUITS AND PRODUCE.
FRLIT AND VEGETABLES—Lemons.
I fancy. $4 0004.50 per box Florida
2 aa per Pound Grape fruit. $5,000
i«.oo per crate. Cabbage. I%©2c per pound.
Florida cabbage, $202.50 per crate. Pea
nuts, per pound, fancy Virginia. 6%@7c:
choice. 5% 06c. Beans, r.ound green.
ill??"- 00 Per crate Florida celerjq
•7 000 2.60 per crate. Squash, yellow, pet
six -basket crates. $1.5002.00. Lettuce,
fancy, $1.2501.50; choice, $1.2501.50 pet
crave. Beets. $3.0003.50 per barrel. Cu
cumbers. 75® SI.OO |>er crate. English
peas, per drum, $1.0001.35. New Irish po
tatoes. per barrel. $4.5005.00 per barrel.
Strawberries, s@6c per quart.
Egf plants. $2.5003 00 per crate. Pep
per, $1.7503.00 per ciate. Tomatoes,
fancy, six-basket crates. $2.5003.00;
choice tomatoes. $1.7502.06 Pineapples,
$2.5003.00 per crate. Onions. $2.0002.50
per bushel. Sweet potatoes, p yam. $1.50
OLIS per bushel Cranberries. SII,OOO
12.00 per barrel; 50c per gallon.
PROVISION MARKET.
(Corrected by’ White Provision Ce.l
Cornfield hams, 10 to 12 lbs. average.
16'20.
Cornfield hams, 12 to 14 lbs. average
1614 C.
skinned hams. 16 to 18 lbs,.
Cornfield picnic hams. « to 8 lbs. aver
(Jornfieid breakfast baron. 23c.
Grocer style bacon (wide or narrow).
17%c.
Cornfield fresh pork sausage (link ot
bulk), 25 lb. buckets, 12c.
Cornfield frankfurters, 10-lb. buckets,
age, 10<.
Cornfield bologna sausage. 25-11*. boxes,
9c.
Cornfield luncheon hams, 25-Ib. boxes,
lie
Cornfield spiced jellied meats in 16-lb
: dinner pails, 10c
Cornfield smoked link sausage. $5-lb.
boxes. 9c
Cornfield smoked link sausageJn- pickle,
10-lb. cans, $4.25
Cornfield frankfurters In pickle. 15-lb.
kits. $1.60
Cornfield pickled nigs feet, U-lb. klta
SI.OO.
Cornfield nure lard (tierce basis), 12%c.
Country style cure tard, 50-lb. tins only,
12c.
Compound lard (tierce basts), 10c.
D. S. extra ribs. ll%c.
D. S. rib bellies, medium average.
12%c.
D. S. rib bellies, light average, 12*2c.
FLOUR AND GRAIN.
FLOUR Postell’s Elegant, $7 50: Gloria
(self-rising). $6.50; Victory (finest pat
ent). $6.50: Faultless, finest. $6.25; 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
Cisud (highest patent). $5.75: Diadem
(highest patent), $6.50; Farm Bell, $5.40;
Paragon thlgliest patent). *6.00. Wltita
Lliy (highest patent), $5.75; White Palsy;
$5.75; Southern Stat. $5.50. Sun Beaut,
$5.50: Ocean Spray (patent), $5.50.
CORN Tennessee —White, red cob,
$1.08; No. 2. white. $1 .07 ;. cracked, -sj.oo;
yellow. $1.05; mixed. $1 05.
MEAL—Plain 144-lb. sacks. $1.01; 96-lb.
144-lb. sacks, $1.01; 96-lb. sacks. $1.02;
sacks, $1.02; 4R-lb sacks. $1.04; 24-lh.
sacks. $1.06.
OATS Fancy white clipped, 74c; fancy
white. 71c; mixed. 72c.
COTTON SEED MEAL—Harper. $29.
COTTON SEED HULLS—Square lacks.
$9.50 per ton.
FEEDSTUFF.
SHORTS—Hallinay white, 100-tb. seeks.
$1.90; fancy. 75-lb. sacks, s’.Bs; P. W.
75-lh. sacks. $1.80: Brown. 100-Ib. sacks.
$1.75; Georgia fee<). 75-lb. sacks, $1.75;
bran, 75-lb. sacks. $1.70; 100-lb sacks.
$1.65; Homcoltne, $1.75; Germ meal Born
eo. $1.75; sugar beet pulp, 100-lb. sacks,
$1.65: 75-lb. sacks, $1.55.
CHICKEN >'EED--Beef scraps. ."O’-
pound sacks. $3.50; 100-pound sacks.
53.25; Purina scratch. dozen pound
packages. $2 20: Purina pigeon feed.
$2.35: Purina baby chick, $2.30: Pu
rina chowder, dozen pound packages.
$2.20: T*uflrr< ’ChoWflAr, TOO-potind sthekn:
$2.15; J’wina serajeb.. SQ-R>. jacks, $2.26;
Purina scratdh. 100-lb. sacks, $2.16': Hue-'
cess baby chick, $2 ID: Eggs, $2.20; Vic
tory baby chick. $2.30; Victory scratch.
60-lb. sacks. $2.25: Victory scratch, 100-
Ih. sacks. $2.15; Chicken Success baby
chick. $2.10; wheat, 2-bushel bags, per
bushel, $1.40: Rooster chicken feed. 50-lb.
Backs. $1: oystershell. 80c.
GROUND FEED—Purina feed. 175-i'o.
sacks, $2.00; Purina molasses feed, $1,95;
Monogram, 100-lb. sacks, $1 70; Victory
ip>rsc feed. 100-lb. sacks, $1.90; Milko
No. 1, mixed. $1.80;'No. 2. $1.75; alfalfa
alfalfa nteaL sl,-50. ,
SEEDS (Sacked)—German millet
$1.65: cane seed, amber. $1.65; cane seed,
orange. $1.40; Wheat . (Tennessee), blue
I Item, $4.40: rye (Georgia) $1 35; Appier
I oats, 85c; red rust proof oats. 72c; Burl
| oats. 75c; Texas rust proof oats. 70c: win
ter grazing, 70c: Oklahoma rust proof.
KOp; biue seed oats. 50c
HAY- Pet hundredweight: Timothy,
choice alrge bales. $1.90: Timothy, choice
third bales. $1.60; Timothy No. 1, small
hales, st.Bs; alfalfa ha?-, choice, $1 65
Timothy No. 2. $1.50: Timothy clover
mixed. $1.45: clover liay. $1 50; alfalfa
hay. choice, $1.50: alfalfa No. 1. $1.70;
alfalfa No 2. $1.25; peavine hav. $1.20;
I shucks. 70c; wheat straw. 80c; 3ermuda
hav, SI.OO.
GROCERIES.
SUGAR- Per nourm, standard granu
lated. 5%c; New York refined, 5%c; plan
tai ion. 6c. . ..
I,'OFFBE -Roasted (At buckle's). $24.25
AAAA, sl4 50 In hulk; In bags and bar
rels. $2.10. green. 19c.
RICE- Head, 4%©5%c: fancy head. 5%
®6'-c. according to grade
LARD Silver leaf. 12%c per pound
.Soco, 9-%c per pound;,-Flake -White, ‘9')4c
per pound: Cottolene. $7.75 per case;
Snowdrift. $6.25 per case.
CHEESE -Fancy full cream. 22c.
SARDINES—Mustard. $3 per case; one
quarter oil. $3.
MISCELLANEOUS— Georgia cane syrug
38c axle grease, $1.75; soda cracaers, '(’ic;
per pound; lemon ci ackers, sc; oyster 7o ;
tomatoes (2 pounds). $2 case; 3 pounds,
52.75; navy beans. $3.10; Lima beans. 7%c;
Shredded biscuit. $3.60; rolled oats. $4 per
case, grits (bags). $2.20: pink salmon,
$5 10 per case; pepper, 25c per pound; R
E Lee salmon, $7.50: cocoa. 38c; roast
beef, $3 80; syrup. 30c per gallon. Sterling
ball potash. $3.30 per case. soap. $1.5004
per case, Rumford baking powder. $2 S»
per case.
HALT One hundred pounds, 49c; salt
brick (plain), per case. $2.25; salt brick
medicated), per case, $4.85;. salt, red rpclt,
per cwt.. *1.00: salt white rock. 90c; 50-
iiound sacks. s29c: 25-lb. sacks, 18c
FISH.
FlSH—Bream and perch, 6c per pound
mapper, 9c per pound: trout, in.- per
pound; bluefish. 7c per pound; pompano,
3Dc per pound .mackerel, 15c per
pound, mixed rtah? 6c per- pound: black
bass. 10c per pound; mullet, $ll.OO per
barrel.
HARDWARE.
PLOWSTOCKS Haltnan. 95c; Fergu*
ion. $1.05.
AXLES $4 750 7 per dozen, base.
SHOT s'.’ 25 per sack
SHOES Horse, $4.5004.75 pef keg
LEAD—Bar. 7%c per pound.
NAILS Wire, $2.65. base.
IRON—Per pound. 3c has*; Swede 4%e
NAVAL STORES.
SAVANNAH. May 27. Turpentine firm
at 45%; receipts 897.
Rosin firm; receipts 1.783: waterwhite
$7.4007.50: window glass $7.40: N $7.32%;
M $7.35: K $7.30: I (7.30.7..22', 2 ; 11 $7,300
7.32%; .G $7.300 7.32%: F $7.3007.32%. E
$6 800 7.30; D $6.5506.6". B. A, $6.00 0
6.30.
BUTTER. POULTRY AfylD EGGS.
NEW YORK. May 27. Dressed poultry
dull: turkeys 1.3022; chickens 170 28;
fowls 11‘, a © 15%. ducks 13© 22;. geese, 11©
16 Live poultry quiet, fowls 17 askc<).
turkevs 12 asked: roosters 10 asked;
.lucks’l2 asked: geese 80 9,
Rutter (Inn: < rcamery specials 37027%
creamer’ extras 24026% state ’lair’,
tubs. ?:'”?6'.; process specials. 36 hid.
Egg ’’cal. nearb' white ram’ ?? bid.
1 neatb’ brown rati’-’ ©’.iJl. extra firsts
■t''.j"i" fir.M.'t 17 ’- iI?
■ WEATHER
SENOSMTIJP.
Early Buying General—Corn
and Oats Irregular, With
Prices Lower.
ST. LOUIS CASH QUOTATIONS.
Wheat—No. 2 red 119 0120
Corn 83% (8- 85
Oats 54%
CHICAGO, May 27.—Wheat, was •'*„<
higher this morning with Bartlett. Frazer
and Logan Bryan buyers The influence
was a message received from W. B.
Snow, now in LaCrosse, Kansas, which
says the plant is thin and deteriorates.
The weather is hot. There were no ca
bles.
Corn was %e higher to unchanged and
firm. Shorts covered.
Oats were up %©>%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 %c
better. Bullish reports from crop experts
and dry weather in the Southwest werr
the main strengthening influences. lAck
of outside buying, operated with selling
attributed to bull leaders, prevented lar
ger gains.
Corn closed lower. May being off %c
an<l the more deferred options ■% to %c
lower. Heavy selling was the main cause.
’ >ats were Irregular, May being %<•
lower while July was s s c lower and Sep
tember unchanged
Provisions were steady to a shade high
er despite a big run ot hogs in the West.
CHICAGO GRAIN MARKET.
Fr»T.
(»pen. High. Low. Clast. Closa
WHEAT—
May 1.14% t. 15% 1.14% 1.14% 1.14%
July 1.1,1% 1.12% I.in% -1.-10% 1.10%
Sept 1 06% 1.06% 1.05% t.OS'fc 1.05%
Dec. 1.06 1.06% 1.05% L. 05*i 1.05
CORN -
-May 82'? W *’lWS» 81% 81% 83%
July 76% 76% 75% 75% 76%
Sept. 73% 74% 73 73 73%
Dec 63% 63% 63 63 63%
OATS -
May 56 56% 55% 55% 55
July 51% 51% 50% 50% 51%
Sept. 42% 43% 42% 42% 42%
Dec. 43% 44% 43% 43% 43%
PORK>-
My 18.42%'10.12% 18.32% 19.32% 18.12%
Jly 18.25 28,47% 18 25 18.37% 1,8.37%
Spt 18.30 18.55 18.30 18.42% 18.42%
LARD—
Mv 10.50 10.50 10.50 10.60 10.50
.11’ 10.55 10.62% 10.55 10.60 10.60
Spt 10.75 10.82% 10.72% 10.80 10.80
Oct. 10.85 10.85 10.85 10.85 .......
RIBS
Mv 10.15 10.15 10.15 10.15 10.12%
Jly 10.12% VL2O 10.12% 10.20 10.17%
Spt 10.25 10.35 10.25 10.32% 10.33%
CHICAGO CASH QUOTATIONS.
CHICAGO. May 27.- Wheat. No. 2 red.
$1.1501.16%; No. 3 red. $1.1301.14%; No.
2 bard winter, $1,150’1.16; No. 3 hard
winter. $1.130 1.14%; No. 1 Northern
spring. $1,170'1.21; No. 2 Northern-spring.
.$1.1401.19; No. 3 spring. $1,101.16.
Corn, No. 2 , 82 082%; No. 2 white. 82%
©83%; No 2 yellow, 82083; No. 3, 780
79; No. 3. 8O%®81; No. 3 yellow. 78%©80;
No. 4. 74%©75; No. 4 white, 76077; No. 4
yellow, 75%®77.
Oats, No. 2 white. 570 57%; No. 3. 55%
056; No. 4. 54%®56; standard, 570 57%.
U. S. VISIBLE SUPPLY.
Following shows the United States vis
ible supply in grain for the week:
T’ltis Last Last
Week. Week. Yea.r
Wheat. . .32,226,000 34,568.000 25.'109.000
Corn . 5.797,000 6,528,000 3.888,000
Oats . . . 8.692,000 8,834,000 8,125.000
CHICAGO CAR LOTS.
Following are receipts for Monday and"
estfrnkted receipts for Tuesday:
I Monday. | Tuesday
Wit eat . . . . . . .1 36 * 38
Corn ' 101 15$
Oats .... . . . I 125 128
Hogs . . ._. 52.060
PRIMARY MOVEMENT.
~ wheat- 1 i»ir~ I iiii ~
Receipts I 588,1)00 I 844,000
Shipments I 533,000 I 437,(W>0
CORN- I , I "
Receipts 622.000 I 1.200,000
Shlpments .. . . .1 380,000 I 407,000
KEETON-KRUEGER CO.
CALLED BANKRUPT BY
THREE BOSTON FIRMS
The Keeton-Krueger Company, traders
anti mercantile brokers, was served today
with formal notice that an involuntary
petition in bankruptcy had been filed
against it by three Boston firms with
which It had hail business dealings The
firms and amounts claimed are the D
W. Ranlet Company, $955; Noves & CM- ,
by. $239, and E. C. Howlett, $5lO
-.The I>. W. Ranlet Company and Noyes -
& Colby say ' the’ bought' cotton ..'seerf
fndal from the Atlanta concern, and that
because the cars were not delivered
promptly they lost he above amounts. E.
C. Howlett said that his claim is for.
commission for selling 102 cars.of .cot top
seed meal.
The Keeton-Krueger Company has of
fices in the Atlanta National Bank build
ing.
NEW BANKING COMPANY
FORMED AT COLUMBIA
COLUMBIA, S. C-. -May 27.—The Ti
tle Guaranty and Mortgage Company
of ("olumbia as granted a charter by
the secretary of state today with an
authorized capital stock of $250.0f)".
The company proposes to do a general
real estate and guaranty trust business.
It Is headed by R. L. Manning, of Sum
tor; T. B. Stackhouse, of Columbia: F.
L.-Wilcox, of Florence; D. D. McCall, of
Bennettsville; H. .1. Haynsworth. n$
Greenville. H. B. Carlisle, of Spartan- ..
■ burg: Moses H Grossman. .of New
York; Robert M Elder, of New York.
I Joseph Norwood, of Columbia; Richard
I Singleton, of Columbia, and Uharlee
Barron, of Columbia.
The Kershaw Cotton mill, with capi
tal stock of $200,000, was also granted
a charter today.
PRIEST OFFERS TO TEACH
SKEPTICS CATHOLICISM
Father Rapier, of Sacred Heart
church, in a statement declaring foes of
the CathOli" church would feel differ
ently if they really knew its principles,
offered to send free of charge to all in
terested persons who ask for then)
copies of various books setting forth
what Roman Catholics believe their
'■cligion to he. He states that 'much"Ms ' Z
li'-. n said against his church
of a lack of knowledge on the part of
the speaker, and the offer on his part
: tn let out-'<lor kun” nhat tile Cath.
• >1). icligi"!! Ct. His address is 259 Ivy
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