Atlanta Georgian. (Atlanta, Ga.) 1912-1939, May 29, 1912, HOME, Page 19, Image 19

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HOT MOT TRIM COST OF LIVING Bumper Crop Expec-ted to Bring Material Reduction in Cost of Food Products. By B C. FORBES. NEW YORK. Max 29 -Good news can he conveyed to the American family. Prices of all kinds of meat, as well as butter, milk and cheese should come down. Articles of clothing made from cotton should also move in the same di rection. while if woolens do not decline the public will have reason to feel cha grined over the outcome of tariff revi sion W hat crop, think you, ranks next in value to King Corn? Cotton? No M'heat- Not at all. It is hay. The Wall Street breed of farmer seldom realizes this Indeed, city dwellers hear so little about this inconspicuous product that they do not grasp how intimately it af fects their household bill. This year's grass crop promises to pass all records, thanks to the abundance of moisture. Now. with an abnormal supply of green grass and hay. th*» farmer will be able to raise plenty of cattle to supplx all do mestic requirements and the needs of for eign customers. You will recall 1f you have anything to do with household accounts that every time the butcher adds a few < ents more to his charge for meat he lays all the blame at the door of Nature “there is a great scarcity of fodder owing to the drouth. ’ he conveniently explains. The same reason is given when butter and milk soar skyward. Hence, it should and no doubt will follow that a bumper crop of grass spells lower prices for these com modities of every-day use. Sunshine Will Bring Harvests. Yeoman service has latterly been ren dered the United States by King Sol. A few weeks of such feather as has recently been enjoyed will work wonders in creat ing agricultural wealth, upon which our prosperity so largely depends I*et us have harvests of unprecedented size, and no amount of political wrangling will hold the country hack, at least not in the near future, although the political por tends are grave enough to cause capital to pause The extreme desirability of more gen erous yields of farm products will be realized when it is noted that while food stuffs show an increase of less than two per cent for the last decade, the rise in value has been some SO per rent. Popula tion has gone up 27 per cent in the same period. Financiers are striving heroically to re main unmoved by the political storms now raging. But their equanimity does not mean Indifference. One morning there will probably be a real old-fash ioned scare, and then security values will temporarily tumble headlong. Outlook Politically. Wall Street can not foresee the outcome of the present many-sided struggle. Rut here is ope financial reading of the situa tion: If President Taft receives the Republi can nomination. Mr. Roosevelt will .found a new party, and the split will result in the election of the Democratic candidate. If. on the other hand. Mr. Roosevelt wins at Chicago and the Democrats select a worthy leader, a close fight is expected. No confidences arc betrayed by saying that Wall Street believes Mr. Roosevelt's bark is much worse than his bite would actually be if elected Nor is capital, after its experience with the Republicans during the last ten years, greatly afraid of Democratic rule The truth Is. that many of America's strongest men of affairs are veering round to the view, already forced upon British employers, that the people will not rest satisfied until the relations between capi tal and labor, between the rich and the poor, have undergone substantial modifi cation. A more equitable distribution of profits, a rearrangement of taxation, less discriminatory tariff schedules are among the demands that will not be silenced. Day of the Progressives. For good or for evil - and surely it is fnr good "progressive" legislation is being forced upon the statute books, not only of this country, but of the most en lightened nations of Europe. Certain far sighted capitalists are now urging their colleagues not to throw themselves vainly against the tide, but rather to endeavor, by fair means, to direct the tide into le gitimate and non-ruinotts channels. Business is doing a little better. The warmer weather has stimulated purchas ing of goods at retail. Prospects of boun teous crops are causing the railroads to order enormous quantities of material, and prices are a shade higher In one or two lines Traffic even now is of heavy volume, but net earnings are not cor respondingly satisfactory Railway firemen in the East and freight handlers in the West are agitating for an advance in wages, and the selection of ar bitrators for the Eastern engine drivers' dispute has had to be passed up to gov ernment officials. Labor troubles, there fore. are not an impossibility Anthracite Producers Gam. Anthracite producers have simply thrown the burden of the increase In wages upon the defenseless public. In deed. they have gone further: they have added a few million dollars extra, so they are better off than under the old sched ule. It is naively explained that the ad ditional twenty-five cents a ton can not be ’evird upon certain sizes, as there would be competition from bituminous coal, but the householder, cornered, must use anthracite, and must pay whatever price the producers please to name. In face of the fortunes the anthracite Interests have been piling up for years, would they not better reconsider their action? Such conduct is not conducive tn harmonious relations between the ‘haves and ’he "have tints. The stock market’s irregular movements are a fairly accurate reflex. of current sen timent. Bonds are not easily distributed reall' distributed that is. as distinct from merely 'placed.’’ ESTABLISHED IBGI The Loxvry National Bank OF ATLANTA, GA. CAPITAL - $1,000,000 SURPLUS - 1,000,000 Designated Depository of the United States, County of Fulton, City of Atlanta, INTEREST PAID ON SAVINGS. PUPILSUNDEHFED BRITON CHARGES Feeding of Boys in Public School Scandalous. Says Woman Reformer. LONDON. May 29.—Great interest has been aroused among public school masters and parents all over the coun try by the question of the alleged in adequate or improper feeding of public school boys, which is to come up for discussipn at the National Food Re form association’s conference at- the Guildhall on Monday next. Mrs. M. H. Bailey, the wife'of the vicar of Christ church, Forest Hill, who has made a special study of EngMsh public school education and life, is con vinced that the entire system is over ripe for reform, and makes a sweeping indictment of the food provided at th average school. Too Little Food and Rest. "The public school boy has not only too much exercise and too-.little rest." said Mrs. Bailey yesterday, "but he does not ,receive sufficient food for lite physical and mental work required of him. "The plentiful table of his earlier yea's, which lie needs even more when at school, is a thing of the past. His breakfast is meager, while his dinner is’insufficient’, generally of poor quality apd lacking in nutrition, and too often composed of made-up dishes, with a minimum of green vegetables and. an essence of fresh fruit, which are so essential for the purity of his blood. "The substantial meal about 7 o'clock that his sisters almost Invariably enjoy at their schools Is nearly always lack ing in his ease. 12 Cents a Meal With Profit. ~"WOaT' can you Expect. however." Mrs. Bailey continued, “when at some of our publlb schools the bursar re ceives a. percentage for keeping down the bills below a certain sum. while in others twelve cents is the recognized bursar's allowance for a boy’s break fast and tea, including his own profits? "I make no plea for luxuries in the way of eating, merely for the four square- meals a day, which any healthy, growing boy can comfortably put away, and which are amply paid for by his parents. No gardener brings a flowe <>i fruit to perfection by stinting it of moisture, nourishment a nd'sunshine. '.'T-he feeding of boys at public schools today is. 1 consider, nothing short of a scandal." PANIC AS LINERS CRASH NEAR LAND NEW YORK, May 29. The Porto Rican liner Berwind, outward bound, todaj rammed the French line steam- | ship Hudson, coming in from Bordeaux, ' about a tnile off Sixty-ninth street, ■ Brooklyn, tearing a big hole in the port bow of-the Hudson Eighty-one persons, many of them women, who were on board the Hud son. remembering the Titanic disaster, were thrown into a panic when the crash occurred. They rushed up on deck in scant attire, begging for life boats to be lowered, and it was with difficulty that memtiers of the crew re strained some from leaping overboard. Meantime Captain G. David had pointed the Hudson's nose toward the Long Island railroad docks at the foot of Sixty-fifth street, Brooklyn, and was proceeding ahead at full speed. He did not know what damage had been done to the Hudson and was taking no chances on having her sink. A stfange feature of the' collision, which will be investigated. Is that it occurred in ' clear weather and that Captain David saw the Berwind when she was some distance away. He be lieves that Captain Christopher of the Berwind misunderstood his signal oi Obeyed it too late. The Porto Rican boat shot straight, ahead to the Hudson's bow and then came the crash—a crash that threw some >'f the French liner's passengers out of their berths. A hole six feet square was torn in the Hudson's bow, well above the water line. No water was taken in by the Hud son. hut Captain David did not wait to investigate the damage. He made for the nearest landing place. JAIL AND FINE FOR DOING WILD WEST ACT AT FIVE POINTS .1 V. Cardwell. a printer. is busily en gage* 1 today repenting of a wjld, and woolly stunt which he pulled off a! crowded Five Points. frightening a throng "f women and men. and which landed him in a peck of trouble. When Gard well’s escapade was summed up before Recorder Broyles, he stood ac cused of shoot nig at another man. flour ishing his pistol in the crowd, and at tempting to shoot Policeman Luther Green. He was. fined $50.75 or 30 days for discharging his pistol and was bound over to the 'itaie courts in bond of SSOO on the charges of shooting al another and carrying a concealed weapon. Cardwell explained that he was drunk Hp shot at William Bailes. another printer THE ATLANTA GEORGIAN AND NEWS: WEDNESDAY. MAY 29. 1912. NEWS AND GOSSIP Os the Fleecy Staple 'From Ha v ward & Clark NEW YORK. May 29 Carpenter, Bag got <£• Co.:The market opened very quiet and without special feature. T ’alias, Texas, wires: "Texas, western portion clear, ’balance generally partly cloud' and warm Oklahoma <Mear and coo!." Following are 11 X. m. bids: July.. 11.11 J October. 11 26. December 11.36; January. 11.: T Special reports to The Journal of Com merce on crop conditions: Mississippi Wet weather has necessi tated some replanting and the season is ver.' backward; estimates verying from 2 to 5 weeks late. Considerable cotton is not yet up and planting is not entirtly finished. The boll weevil has appeared in a number of localities, and percentage estimates of conditions range, rather low After complaining of too much moisture, some sections which have recently, been planting are now wanting rain Cotton is generally small, and stands, where ob tained. are below the average. <>n ac count of the overflow in the Delta lands acreage will be curtailed and planting will be very late. Louisiana -Overflowed lands are the cause for many districts ‘reducing acre age: otherwise there is a general ten dency to increase quite liberally On ac count of so much rain and- cool nights condition is rather low. Plants are small and stands poor Some replanting has been necessary, and the soil has been poorly prepared. According. ♦<» locality, the season ranges from 3 to 5 weeks late. With favorable seasons a fair crop will he made. Estimated receipts Thursday: • 1912. 1911. New Orleans 2.500 to 3.000 414 Galveston . .1.000 to 1.200 .»>< NEW ORLEANS. May 29. Hay ward & (’lark: The weather map shows very fav orable conditions. Fair in Oklahoma and \rkansas; cloudy elsewhere; temperatures north Texas and Oklahoma and Arkansas 8 to 12 degrees lower; more rains east Texas, central states and Tennessee Prospects are for more rain in the and eastern states and south Texas, clearing in- north Texas. New Orleans Times-Democra t uniie rains are needed Is some portions of the belt, yesterday's small reaction upward was probably due more to the narrow ness of the market and to the current practice of buying on declines than to any recognized change in the general crop situation. Business would be en couraged by a further decline, that is. pew crop business would, since export ets. almost without exceptionfi admit the pos session of information that leads them to believe the consumers of tbe world now require very little additional encourage ment to make buyers of them. It is not to be expected that spinners, in the near future,' will provide all of their new* sea son requirements, but that they will be gin to buy seems very reasonable ,n -. v, £ w of their Knowledge that not a bale of Kite 16.000.000-bale crop has gone begging. At the moment the spot markets are very quiet. There is no pressing demand an<l there is some cotton for sale But sellers are not at all inclined tn make conces sions. and assert that they could do bus>- with ver' little effort. Meanwhile the halting habit of the price tendency keeps bull and bear alike on the anxious «eat Most evervhody expects a further decline the bull in the near future and the bear later on. THE WEATHER CONDITIONS. WASHINGTON. May 2'.i. Th4re wffi be shower? tonight in New England and the middle Atlantic states, followed b> fair weather Thursday. In lhe south Atlantic states there will be local showers tonight or Thursday, while in the lake region, the Ohio valle> and tbe east gulf states fair weather will prevail. It will be cooler from the Ohio valley and lower lake region eastw'ard. Small craft warnings are displaced on the Atlantic coast from Norfolk to East port. Virginia Showers tonight or > Ihursday in the southern portion and showers to night followed h\ generally fair Thurs day in tbe northern portion: cooler to night in the northern and western por tions. North and South. <‘arolina and Georgia - Local showers tonight or Thursday. Florida Local ’showers toinight or Thursday. , Florida Local showers tonight or Thursday, except fair in the extreme southern portion. Alabama and Mississippi Generally fair tonight and Thursday Louisiana, Fair and ' <»oler tonight, and Thursday. ~ „ .Arkansas. < »\lab<»ma and I exas Fair tonight and Thursday. DAILY WEATHER REPORT. Max 29. 1912 Atlanta: Lowest temper ature. 72: highest temperature. 86. mean temperature. 79: normal temperature. 72. rainfall in past 24 hours, trace: excess since first of month. .09 inches, excess, since .lanupary 1. 8.08 Inches. REPORTS FROM VARIOUS STATIONS. “Stations I Weaih. Temperature ItTMI I 7 Max 24 la. m. .v'day. hours. Augusta . ... Olotidy 76 . . Atlanta . . Cloudy ■ 72 8u Atlantic City. Cloudy 64 aS Anniston .... Cloud>■ 76 ~ . - Boston 1'101)0.' 58 • Buffal" ....... Cloudy 58 .6 .86 Charleston . . I’t. cldy. 80 8- . Chicago' Clear 48 76 .•••- Denver clear 48 <6 ..... Des Moines. Pt. cldy 58 08 .... Duluth Cloudy 40 48 .... Eastport . . ..Cloudy 56 06 t ■■■■ ■ Gal vest on .... 'Cloudy 78 ‘ 84 .... Helena Cloudy 48 66 ’ .... Houston Pt- cldy. i* ._. Huron Cloudy 50 no .0. Jacksonville Clear ' Kansas City.. Cloudy 60 rS . Knoxville . cloudy as <8 Louisville . . Cloudy 68 •4’’ Maeon (’loudy 7* • • Memphis . . M Meridian .. . . Clofidy .2 Mobile < loudy .8 «6 I Montgomery. Raining 76 90 .06 Moorhead i'loudy 50 oa ."4 New Orleans Cloudy .8 so New York . . . Cloud.' M 8n North Platte Clear 48 < iklahoma . ''Far 62 84 . . _ Palestine . ..Cloudy <2 >0 _H Pittsburg ... Cloudy « 86 I Portland Cloudy 32 M ..x San Francisco clear "r ■’ ■■ ■■ Si. Louis . . ■ . cloudy 'L 8 .... St Paul. ( ’leaf 4* ■• • • Sal! Lake Ct\ Pt. eld.'- 56 72 . .... Savannah ... Pt. cldy M . . ... Washington . I’t cldy. .4 80 ■■ ■ ■ LIVE STOCK MARKET. CHICBGO. May 29. Hogs Receipts 30 000 Market slow m .'><• lower: mixed and butchers J7.05W7 65. good heav.' { I" '<l 7 55. .rough heavy s7.n."Ca 7.35. light L 4, 745 pigs 854/ 6.75. bulk 8,. 9.54, ,~0 t’atile Iteceipts 18,000 .Market 10c >.■ |sc lower: beeves $6,904)8.25. cows anti heifers SS.IOf/S. stockers and feeders, 4iti.go, Texans 86.404) 8 15. calves $7...04; 8 75 Sheep- Receipts 18.000 Market <!<■« to in,‘. lower, native and M estern $1 90"« 6 40. lambs $6lO 9.15. SUTTER, POULTRY AND EGGS. NEW YORK. May 29 Dresser) poul'ri ou'et turkevs chickens 174,2.8 fowls HDYi’n', dueks 1347?'. geese H 45 in Live poulti ' ’rregular: fowls 15’.'0 tn rnrkevs t'J asked, roosters 10’, asked, ducks 12 asked, gees? !> asked H'ittor easier, creamery spe ial? tu’-'h 27 creamery extras 26'ft26 , - 2 . state dairy (tubs, process specials 26 bid. |rn- — steady: nearby white fancy I. ' nearb.' brown ram-.' 20i.,4/jl. extra firsts 214)21'-. firsts 17L 'a 19'r NAVAL STORES. SAVANNAH. May 29. Turpentine firm nt 45 sales 150. receipts 1.215 Rosin firm, receipts 3.075 watet "hits 87 >0®7.50. window glass 87.404,7 \- I 04, 737 M $7 304)7 10 l< >7 304)7 40. I t- 504; 7 <O. H 87 •-•54) 7 .17'- G >7 7-.. i .*■ is® 7 i f > "'vs ; 20. i> C 65. ' BA $6 15® 6.35- COTTON SELLERS WERE FEW TODAY Bull Control Prevented Mate rial Decline on the Favora ble Weather.. NEW Y<»RK. May 29 Tn? cutton mar ket opened stea?!.'. unchanged 1 to 3 points higher today. There was good buying from both New < uleans and Liv erpool sources. Spot sales abroad were improve<l. Better cables were offset to some degree b\ good weather over lhe Southern belt. After the call the under tone was quiet. There was an advance of from 1 to 2 points- Futures and spot were firm in Liver pool. In the afternoon the market was dull and irregular, with prices at 2 o'clock 1 point lower to 7 points higher as com pared with the previous close The New York cotton exchange will be closed tomorrow New (trleans and Li\ erpopl will be open. Liverpool will be closed Friday and Saturday At the close- the market was steady at declines of 2 to I points from Tnesilay’s closing. Semi - week]' interior movement: ~~ f 9Y2” 1911. J 910. Receipts 11.337 4.285 9.090 Shipments 19.113 13.396 16,531 Stocks 1 «'»:•. 71 1 13062 176,270 RANGE IN NEW YORK FUTURES ' JS t s-1 3 -1’ £ May 11.0611.1211.61 111 05:11 11 05-06 June 11.91-96 10.96-98 July 11 OR 1113 11.02 11.01 11.01-05 11.06-07 Aug 11 14 11.14-11.09 11.09111.09-10 11.11-12 Sept. 11.19 11.19 11.19 11.19 11 12-13 11 16-17 Oct 11.24’11.29 11.17'11.20 1 1»19-20 11.23 Dec. 11.28 11,38 11.27 11.29 1 1.29-30 11.32-33 Jan. 11:33 11.34 11.22 1 1.25 11 25-26 11 28-29 Feb 11.29-39 11.32-34 Meh. 11.39 L 1.43 11 EH 11 36 1135-3 G 11.39-40 Closed steady. Liverpool was due 1 1 2 < u2 points higher. Opened steady at 3 points advance. At 12;15 p. m. was dull but steady at a net advance of 3’n to 5 points. Fair business doing in spot-cotton at 5 points-.advance; middling. 6.37; sales. 8,000. Including 7.ROA American; speculation and export. 500; imports, 33,000, including 28,000 American. At lhe close the market was steady 2V 2 aboveTufsdayAs final quotations. RANGE IN LIVERPOOL FUTURES. Futures opened firm. Opening. Prev Range. 2 P M. cinsa. Clos< May . . . 6.17 6.17 6.15l 2 6.13 May-June 6J.6 -6.16 6.16’2 6.15’2 6.J3 June-Julv 6 16’o-6.16 6 16’., 6.15 U 6.13 Julv-Aug. -6 19 -6.19 U 6.19 n 6.1 R 6 15X 2 Aug.-Sept 6.19 -6.20 ~ K.IBU 6.16 Sept.-Oct. 6.14*2-6 16’*, 6.15’v, 6,11’-2 Oct. -N*ov. 6.12 *'-6.11’0 6.14 6.13’i 6.094 Nov.-Dec. Dec.-Jan 6.12 6.08 ■ lan,-Feb 6.11 -6.12*0 6 12'-, 6.12 6.08 Feb.-Mc.K 6 11’, 2 -6 13’-2 ‘ 6.13 6.08’ 2 Meh.-Apr. 6.1 2'-2-6. J 4 V 2 ......6.14 Closed steady HAYWARD & CLARK’S DAILY COTTON LETTER NEW ORLEANS; May 29. Although w.eatber developments ‘overnight were fa vorable, there was a marked scarcity of sellers here this morning, and prices ad vanced on straddle buying, while Liver pool showed easiness. The difference be tween the markets invites buying <»n our side and selling in Liverpool Bullish control is hardly disputed at the moment, as bears realize that we are still too far off fmm a positive assurance of a full crop, and the market therefore advances easily Whenever buying develops for any -'ause. The report of r The Journal "f Com merce on Mississippi is tinfaVorahlp. The sudden change from excessive rains to dry weather is complained of and the need of rain is pointed out. Tbe report on Louisiana is somewhat better Good rains fell in Mississippi and Louisiana over night. New York wires said that the strength of the market was partly due to short covering, tomorrow being holiday there. Xccording to Mr. Ellisons latest re ports. .comparisons -of mill stock are as follows: Great Brjtajn .7.42,00(1. against 677.000 lasi year. 340,0.00 in ll’jn and 573.- 000 in 1909; continent 2,0‘»3.Q0,0. .against 1,540.000. laat year. ’.900,00.0 In 19in and \s">2.oon’ in 199. Total. 2.795.000. against 2,217.006 last >ear. 1,830,000 in 1910 ami 2,125,000 in 1909.' Detailed records show copious rains in Mississippi, east Tennessee and over a large pari of Louisiana. Georgia, the Car olinas and Alabama and eleven stations in Texas average .90 RANGE IN NEW ORLEANS FUTURES. 1 f Ls I k!J ~ I 3 £ e £MJ |M| ® I May H.G7 11.8711'14 ll. B’. 11 84 85 11.80-6'l Juno IL6J-6J 11.60-52 Julv 11.6.1 1 1.68 I L'lO-J 1.61 11.60 61 11 61-62 \ Jlg 11.48-50 1 1.48-50 Ort ' 11.35 11 42 11.30 11.32 1 1.31-32 11.32-34 Nov ■ 1 1.32-34 11.34-36 Dec 11.3" 1 1.42 1 1.32 fl 33 11.33-34 11.35-36 fin' n:n ll ♦« 11:35’11 36 1L36-37 H. 38-33 Feb 1 1.38-40 11.40- 12 Meh. L | |. ; . Closed steady. COTTON MARKET ' OPINIONS. Hayden. Smne X- : Continuance of present favorable weather, conditions would probably make for lower prices. Logan & Bryan: Spinners are best buy ! ers Bailee * Monigomery: There is enough 1 unceriaint.' about the crop to warrant i ■ onservative buying on breaks Thompson. Towle & Co.. I'resent levels <Io not tempt selling operations unless the bottom drops 01'11 of the spot situation. SPOT COTTON MARKET. Atlanta, steady: middling 11' 2 . New York, quiet: middling 11.50 New Orleans, dull: middling 119-16, Liverpool, easier: middling 6.37<1. Savannah, uuiet; middling \ugosta. quiet ; middling 12c. Mobile, steady: middling Hi;. Galveston, ipiiet: middling 119-16. Norfolk, steady; middling 11'/ 2 . - Wilmington, nominal. Little Rock, quiet; middling IF-. Charleston, nominal, middling ll'-. .Louisville, firm; middling 11'4. Philadelphia, steaily: middling 1175. Boston, quiet; middling 11.5". Baltimore, nominal; middling lljj. . Memphis, stead, ; middling 12c. st Louis, ■iniet. mldilhng 11’8 11,. iston. st eadv . htiddling 11V PORT RECEIPTS. The following table shows receipts aj i nP ports today cumpare<l with the same iday ia.-' .'ear: |_ 1912. | 1911. _ I New ' Means ... 2.145 2.106 Liaiveo..,, i.is? ■ Mobile LM i Savannah 881 ,66 ■ Charleston . . It 24 i Wilmington.... D 4 i Norfolk 149 17 i Baltimore 118 New lurk. . —* Boston ■. . . -s < | pacific roast __ - 445 -y;: fa i 5.-132 " 8 7'K ' INTERIOR MOVEMENT. ~i ’(’’F * "'Bll ! Hrnisioii. • ■ ■ ■ • 366 356 | Augusta I?'' 39 Memphis . . . . ' I Sf. Louth ..... ’J R 1.145 ' < ‘inr’nnai i ... 1.811 211 | Lit de !. , ' Total. ’ ; " v - METAL MARKET. NEW Y<»RK. Ma' 29 \» 'lie mMnl TONE IN STOCKS HEAVY LUTE Declines Were General in En tire List. Canadian Pacific Being the Exception. By CHARLES W. STORM NF.W Y'»FiK. Max 29. Canadian f’a- ■ eific led in a general upturn at the open- i mg - of the stock market today. It was I J" 4 over last night s closing. This was| chiefly due to Berlin anil London bujing ■ The effect of a Roosevelt victory in Npw i I Jersey had been discounted. It had no ! appreciable effect upon the market. Buy- I ing from Europe wa.- the chief factor. Prospects of a government investiga tion of the proposed increased price of anthracite coal had.no appreciable effect Reading gained ’•> Erie < onimon opened unchanged, but advanced ’ s . The coppers were firm. Xmerican Smelting was up \ and Amalgamated Copper rotfe t 2. I'nited States Steel was another firm issue, gaining *•s» t’ther gains were: Steel preferred ’4. Erie preferred Atchison I nion Pa cifi» Missouri Pacific \ and Southern Railway ’« The curb was stead.' Americans in London were steady, and made gains over New York parity. Trading late in the forenoon was heavy. Rock Island collaterals declined I\. caus ing some urgent selling in Rock Islan*! preferred, which dropped 2 points, and a loss rtf 1 was recorded in ihe common stock Fractional recessions were sus tained. in Lehigh Yalle> and Reading The Interborough Metropolitan Issues were weak. • There was a cessation of pressure lat* 1 in the afternoon, but the undertone con tinued dull. A few of the issues rallied from the lower range Room traders bought the important railroads and In dustrials iti the belief that a rally was in order. This buying was the only fea t ure. The market closed irregular Governments unchanged; other bonds irregular. Stock <1 uolatinns: . (Last! CHs I Pref STOCKS— _ I High ILn w ISaie.l Bid.lCFse Amal Copper 83L 81’2 82 7 a 82 1 ? 82\ Am. Ice Sec.. 2813 26\ 27’<: 27 3 » 28*< Am Sug Ref. Am. Smelting 86 84L? 85 l 485 85 Am Locomo. 42' 4 H 41% 41% 41% Am. (’’ar F'dy. 59 58% 58% 58% 59 Am Cot. oil ..F54 54 54 54 53% X m Woolen 27% 28V4 Ana<‘onda . ..' 42% 42% 12% 42% 42% Atchison .... 106’4 105% 106 105% -08% A C L • 139 139% Am Can .... 39% 37% 38% 38% 38% do, pref. . II” lift ’J.”’ 4 11®% IJ6* 4 Am Beet Sug 72% 71 72 71 % 72 Am. T and T 145% 145% 115% 145% 14.»% Am. Agricul: 61 61 6| 61 Beth. Steel 37% 37 37% 3<% 3.’ : , R R 'l' .... 89% 88% 88%- 88’$ 89% B and <> 108% 10RA 8 108% 108 108% Can. Pacific . 267% 265% 267 267% 263% ; I ’orn Products 15% 15% 15% 15%' 1.»% : r and o .. . • 79% 78%| 79 78% 78% I Consol Gas ..‘142% 141% 141% 14L% ’%% <’en. Leather 25% 25 25 1 27 25% j Cpio, F. and Ll 28 28 !28 37% ; 28 , Colo. South..J J 41% i). and H ..... • ■ . Den. and R. G ’ 1.9% 19%' 19%. 19% 19 Distil. Secur;. . 32%; 31 % -31% 32% 32 Erie 35% 34% 35 34*4 30% do. pref . 53 r 452 52% oL% % Ge.n. Electric . 17l 169% 170‘g 170"< 171 Goldfield Cons: '4% 4% 4% 4% 4% G. Western 1 • Ji 72 G. North,, pfd 133% 132 132% 132% 132% G. North Ore.. 43'$ 41% 42% 40% 42 int Harvester 121% 121% 121% 119% 12»% Interhorn .... 31% 20 20% 20% 21 do, pref ... 60% 58% 59 58% 60 lowa Central 12 12 K C South... 24 22% 22% ‘-3% -4 K and T 27 26% 26% 26% 26% <L$. pref I I, \allex-. . . 177% 173% 174% 174% 1/6% L and N . .157 157 !.■>« 15» Ab. Pacific . 38% 35% 36% 36% 37% N. Y. Central 118% 117% 118% 118% 118% Northwest. . . 138% 138% 1.38% 138 138 Nat Lead .. • .59 56% 57% 57% 54% N and W . . 11.2% 11 I%' 112% 112 1.12% No Pa. ifi.’ . . 121% H 9% 120% 120 .$ ISO% <♦ and W . 31 % 37% 37% 37 37 Penn . 123% 123% 123% 128% 128% Pacific Mall. . 33% 33% 33% 33% 33% p <; a < Co , 114% 113% 111 113% 114% P Steel Car . 35 31% 34% 34% 35 Reading . 173% 170% 170% 170% 173 Ro<-k Island . 26% 23% 24% 24% 26% do pfd.. . . 54% .»1 •’’V'k - R I. and Steel 23 22% 2*% 23 23 do. pfd S -Sheffield 49 13 So. Pacific. .H 1 % 110% 111 %11 111 % So. Railw’ay. 28% 28 28% 28- s -8% do. pfd.. . ■ "5 "4'r 74%. 74 <4% St. Paul - 196 105 |lou% 105% 10r>% Tenn, (’upper . 45% 44% 44% 44% 4.»% Texas Pacific 1 .... 23 1 23% Third Avenue 1 38 h 38% I’nion Pacific 171% 170% 171% 171 % 170% I S Rubber . 65 63 64 63% 64 I tah (’upper . 62% 61% 62 62% 62% I S. Steel. 70% 69 69% 69% 69% du. pfd. .110% 110% 1 10% 1 10% 110% \ -C (’hem . 52 51 % 51%, 51% 51 % West. I’nion. . 83 32% 82%! 82%’ 83 Wabash. . . ? 7% <lm, pfd. . . .' 18% 18% 18% I*% 18% West Elec. J 72% 73 Wis. Centra] 5|% 51% W. Maryland.' ». «»8% 59 LOCAL. STOCKS AND BONDS. RM Atlanta & West Point R R .. 14fl 145 American National Rank ... STS 31 o» Atlantic Coal &■ Ice common. 101 102 Atlantic Coal * Ice pref . .. »3 a Atlanta. Brewing & Ice C 0... 175 Atlan'a National Bank .... $25 central Bank * Trust Corp )sn Fxnositlon Cotton Mills Fourth National Bank 245 2511 Fulton National Bank. ... 125 inn <- a Hl A- FJec. stamped. ..■ 124 ,12fi Ga ID * Bow. Co., common 2$ do Is’ ? f (' ' ,ft $5 du '-''l P" •■■ ■ • <4 Hillvr-r Trust Company 125 I owr" National Bank. 24$ 25n Realty Trust Company 108 nn Sixth Ward Bank MI4 mi Southern Ice c0mm0n....... 71 Third National Bank, new 205 210 Trust Co of Georgia 225 235 Travelers Bank * Trust Co.. 125 125 traie'-" RONDS Vtlapta Gas Light Ist 55.... Georgia State 414 s 10 15 .... 101 • 10j Georgia Midland Ist 3s fie e> Ga By & Elec. Co. ss. 101 Ga Ry Elec ref 5.« 99 99% Atlanta Consolidated 5s 102*» Atlanta City 3'4s. 1931 91 92'- Atlanta City 4'As. 1921 102 103 Bouthern Bell 5s ’* -» B*s. NEW YORK PRODUCE MARKET. NEW YORK. May 29 Wheat steady: Ju!' I'l'-'o 1.18',. spot No 2 red $1.24>. in elevator. $1.34'. f. J' b. Corn steady; No. 2 In elevator nominal, export No. 2 Rm, f o b steamer nominal. No 1 nomi nal ''tats dull: natural white Hl' •_>'u 53' . white clipped Rye quiet: No. ‘.l nominal f o. h New York Barley steady; malting $1.16'1)1.23 c i. f. Buffalo. Hay Iri' Ctt'at good to prime $ 1 ."Y'fi 1.65, pern io fair '1 2537 t.C‘ Flour quiet: sprtng patent <5.60',) 6.10. straights 55'65 50. Hears 11 Rsh 5. ’O. winter patents $5 90'6 s 10. straights $5 35?) 5 60. tears Rt.75'6 s‘o<> Beef firm famll' sls'6 18.5“. Pork fi rn , : mess $20.25'62“.75. family '2O 25'6 I■. 1 ,■•! -trad' . clt’ steam lo®lfi%, ,'nlriatn tt ect ipn! 1“ 807, 1(1 R’, TallpW stead' - . c|t; tin hogsheads) 6'. bld. eonntr' - Hn tierces) JsCokA, NEW YORK COFFEE MARKET. f-nffoe quotations: Opening Closing I Ft brnari R-5’ 13 Vtarct- . . 13.60(6 13.62 13.58 W 13.60 j| ... 13.6:>t?) 13.70 1:1.58'6 13 60 Nik' rn 35-t 3 45 . . . 13.256 13 50 13 30-6 13 32 Inilv . . . 13 351613.60:13.346,13 36 \qgust .... 13.500 13.80.13.44013.45 ■ Sr.pti'tnher .. . **“ 13.54013 55 < , vber 13,80136' 14. 013 56 iN,'Ve))ibor . . 13 .»80 13 <0 13.060 13.n7 p.r -_ IIMM. 13 .-,7j;/ 13 SJI | steady . Sales. 36.000 bags. ATLANTA MARKETS' —. 1 U' I'tesb <ountry candled. 17018'- I BUTTER—Jersey and creamery, tn Ilk. ! blocks, 2O’-625c. fresh country tltill. 1“ 0 per pound DRESbED POULTRY—Drawn, head and [ feet ,>n. per pound. Hens, 160 17c. fries. *-o0 27c Roosters. 80* 10c. Turkeys, ow ing to fatness, 18@20c. LIME POLLTRY—Hens. 40045 c; roost ers, 25 0 35c; fries. 30 0 50c; broilers. 250) "0c;. puddle ducks. 350 40c; Pekin ducks, 4004 ac; geese, 500.60 c each; turkeys, ow ing to fatness. 170 18c fruits and produce. FRUIT AND VEGETABLES—-Lemons, fanci . $4,000 450 per box Florida oranges. $3.00103.50 per box. Bananas. r ’ f “' Pound Grape fruit. $5.00® “ 00 per crate. Cabbage. I>/.'®2c per pound, rlnrlda cabbage. S2O 2.50 per erale I’ea nufs. per pound, fanev Virginia. 6U,®7c. rtiofce, s'a@6c Beans. round green, j’ per crate Florida celery. $- O“0_.aO per crate. Squash, yellow, pet six-basket crates. $1.5002.00. Lettuce, fancy, $1.250 1 50; cholic. $1,250’1.50 pet crate. Beets, 53 00®3.50 per barrel. Cu cumbers. 75051.00 per crate. F.nghsh peas, per drum. $1.0001.25. New Irish po tatoes. per barrel. $4 500 500 per barrel Btraw’berries. 506 c per quart. Egg plants. $- 500.3 00 per crate Pep per, $1.7.’0.2,06 per crate. Tomatoes, fancy, six-basket crates, $2 500'3 00. Ybolce tomatoes. $1,750'2 00. Pineapples. 82.500 3.00 per crate Onions, $2.000 2.56 per per bushel Cranberries. SII,OOO 1-00 per barrel- 50c per gallon. PROVISION MARKET. (Corrected by White Provision C«.l Cornfield hams. 10 to 12 lbs. average, 1614 C Co-nfield hams, 12 to 14 lbs. average 16'40. Cornfield skinned hams. 16 to II lbs., 1 < 14c. Cornfield picnic hams. 6 »■> 1 lbs. aver- Cornfleld Breakfast bacon. 23c. Groper style bacon (wide or narrow). 17'-c. Cornfield fresh pork sausage (link or bulk), 35-Ib. buckets. 12c. Cornfield ftankfUrtOrs, 10-th. buckets, age. 10c. Cornfield bologna sausage. 25-lb boxes, 9c. Cornfield luncheon'barns. 25-Ib. boxes, lie Cornfle’d spiced jellied meats In 10-lb dinner pails. 10c. Cornfield smoked link sausage. 25-lb boxes. 9c. Cornfield smoked link sausage In pickle. 60-115. cans, $4.25. Cornfield frankfurters In pickle. 15-lb kits. $1 »0 Cornfield pickled nigs feet. 15-lb. klta SI,OO. Cornfield pure lard tllerce basis). 12*4c. Country style pure lard. 50 lb tins only. 12c. Compound lard ttlerce basis). 10c. D.' S. extra rib's. D S. rib bellies, medium average. 13'4'C. D. S. rib;bellies, light-, average. 12$4c. FLOUR ANO GRAIN. FLOUR - Postell's Elejant. $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 ('loud (highest patent), $5.75; Diadem (highest patent). $5.50; Farm Hell, $5 40. Paragon (highest patent). $6.00; White Lily (highest patent), $5.75; White Daisy. $5.75: Southern Star. $5.50. Sim Beam, $5.50; Ocean Spray (patent), $5.50 CORN- Tennessee -White. red cob, $1.08; No. 2. white. $1 “7; cracked. $1.05; yellow. $1.05; mixed. $1.05. MEAT. -.Plain 144-lb. 6avks. sl,(Hi-»6-llx 144-lb. sacks. $1.01; f j6-lb. sacks. $1.02; sacks'. $t (12; 48-lb.' 'staClO.- 71 04.' 21-tb sacks. $1.06. OATS—Fancy white dipped, 74c; fancy white. 71c; mixed. 72c. COTTON SEED MEA la-Harper. $29. COTTON SEED HULLS -Square sacke. $9.50 t>er ton. REEDS (Sacked)—German millet $1.65: t ane teed, amber. $1.65; cane seed, orange, $1 40; Wheat (Tennessee), blue stem, $1.40; rye (Georgia) $1 35; Appier oats, 85c; red rust proof oats, 72c; Burt oats, 75c; Texas rust proof oats. 70c; win ter grazing. 70c; Oklahoma rust proof, 50c; blue seed oats. 50c. ilAY—Per hundredweight: -Timothy, choice atrffc bales. $1.90: Timothy, choice third bales, $1.60: Timothy No. |. small hales. $1.85; alfalfa hay, eludes,. $1.65; Timothy No. 2. $1.50; Timothy clover mixed. $1 45; clover bay. $1 50, alfalfa ha v, choice. $1.50; alfalfa No. 1. $1.70; alfalfa No 2. $1.25;. pea vine hay, 31,26; shucks. 70c; wheat straw. 80c; Bermuda hay. SI.OO. GROCERIES. SUGAR—Per pound, «'annard granu lated, 5%c; New York refined. 5%c; plan tation. 6c. COFFEE- Roasted (A-ebuckle's), $24.25 AAAA, sl4 50 tn hulk; In bags and bar rels, $2.10; green. l»o. RlCE—Head. 4'4®s'4c: fancy head, S* 4 @6’,4c. according to grade - - LARI* -Silver leaf, 12'4c per pound' Soco. 9%c per pound: Flake While. •) ',c 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 syrup 38c; axle grease. $1.75; soda cracKcrs. I'.c: per pound: lemon crackers, tc: oyster 7- tomatoes (2 pounds), $2 case; 1 $2.75; navy beans, $3.10; Lima beans, 7T4C Shredded biscuit. $3.60; rolled oats, $4 per case, grits tbags). $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. $15004 per case, Rumford ‘ baking dxiwdei . $2 6t per case i'.ALT line hundred pounds, 49c; salt brick (plain), per case. $2.25; salt brick medicated), per case. $4 85, salt, red rock, per cwt., SI,OO. sal* white rock, ;i()c., 50- tiound sacks, s29c; 25-lb. sacks, 18'-. F>SH. FISH Bream and perch. 6c per pound, mapper. 9c per pound; trout. 10c yer pound; blueflsh. ic per pound; ponipano. 20c per pound. mackerel. 15c per pound: mixed fish. 6c per pound: black bass. 10c per pound, mullet, $llOO per barrel. HARDWARE. PLOWSTOCKS- Halman, 95c; Fergu son. $1.05. AXLES—S4.7SO7 per dozen, base. „ SHOT—S 225 per sack SHOES Horse. $4 5004 75 per keg LEAD--Bar, 7‘A<: per pound, NAILS Wl.-e. $2 65; base. IRON —Pei pound. 3c bas»: Swede Going Abroad? YOU WILL SAVE TIME, AVOID delays, have your money always • • safe, and. practically, enjoy ihe many benefits of having a bank account in everv eonntrv in which yon may travel, if you carry with you a Letter of ('redit or Travelers’ Cheque. It will enable yon to know exactlv the relative worth of your monev in foreign countries, and enable von to keep an aecnrate account of your expenditures. And yel the cost is vors small. A. mere nothing compared with the iiinu nierable benefits they afford. We will be glad io have you ((line in and talk the matter over with us. Atlanta National Bank The Oldest National Bank in the Cotton States CEREAL PRICES CLOSE HE LOSS Wheat L 4 to 5-8 c Off, Except on December—Corn and Oats Off Fractions. - ST. LOUIS CASH QUOTATIONS. Wheat No. 2 red ...120 Corn 82 Oats 53% (’HI('AG(>. Ma.'* 29 Cooler weather In Kansas overbalanced the higher cables and wheat prices were % tn %c lower this morning, with the trade more bear ish. Reports from Kanass, especially that from the Finley. Barrell &■’ Cd., crop experts, were as unfavorable as several previous days. . ■ May enrn was sharply higher -under covering by shnrts. and the more de ferred months were only the smallest fraction better <»ats were unchanged tn a shade lower Provisions were a trifle Ijywer with hngs \Vhilp nearly all the news today was bullish the market failed tn respond and final prices were %e lower on May. % to %<■ on .Ini' ami % tn %c on September. There was fair buying earl'- on bullish reports from crop exports, but th*=> samp parties sold later because of failure of the market to respond < ’orn closed with prices off % to ’ 2 c. The market was strong early dn cover ing by shorts, hut reacted on heavy sell ing oats closed % tn %r lower. The WeaK« ness in Max was a feature all- day. ; , Provisions were tower, but recovered [slightly from bottom prices CHICAGO GRAIN MARKET. Prey- Open. Hlsrh. Low Close. Close, WHEAT— May 1.14 1.14 1 12% 1.13 1.13% I JUl' 1.11% 1.11% 1 10>'n 1 . 10% 1 11 % [Sept 1.06% 1.06% 1.06 I 06% 1.06% i De< L 06% 1.06% 1 .06 ] 06% 1 06% COItN- Mav RO% Sl% RO % so% so% July 75% 75% 75 75% 75% Sept 72% 73% 72% 72% -73% I »Pc h.l (. h?,!.. 63. 63' ■ ■ \6u% OATS “ .. . : May 54% 54% 53 53 55% Jul' 50% . 50% 49%«- .50 50% Sept. 32% 12% 42 12 42% Dec 43% 43% 43 43 42% PORK- M> 18.40 1R to m. 40 ix 40 1¥ 45 Jlv 1R 47% 18.50 18.27% IS 50 18.55 Spt 18.50 18.50 18.40 18.50 18.55 i.ARD M\ 10.52% 10.52% 10.42% 10.52% ]O 55 Jlx 10.57% 10.62% 10.57% 1.0.62% 10.60 Spt 10.80 10.82% 10 75 pi.So pi RO RIBS - M'- 10.10 10.10 10.10 m.io 10.25 11' 10.22% 10.25 10.20 10.22% 10.27% Spt 10.37% 10.40 10.35 10.37% 10.42% CHICAGO CASH QUOTATIONS. (’HICAGO. Mav 29. Wheat N’n 2 red $1.1301.14, No. 3 reil $1 11771-12 hard winter $1 1347 1.14. Nu. 3 hard W’fnter <1.114/1 12%. No 1 NufthriTT spring $1 18 4/1.21, N’n. 2 Northern .spring- M• 16454.19. N'o. 3 spring ?1.104i 1.18 • (’orn No. 2 7947’80%. No. 2 white 80% 4/81. No. 3 yellow 794/ 81, No 3 No. 3 while 79%4/RO%, No. 3 7714'578. l 4 '578. No. | 744/ 75%, No I white 774/ 78, No. 4 xel low 714/76 <>ats. No 2 white 54%4/55%. No. 3 while 534/ 54%. No. 4 white 52%4i54%, stand ard 53 •% 4/ 55. PRIMARY MOVEMENT. WHEAT— I 1911 : 7 nsit ■ ReePipts I 334.600 I 841.000 ■Ship))) prn s I 321,000 266,000 coRN-- I I i Hecplpts 621.000 . 1.488,000 | Shipments 318,000 i 674,000 CHICAGO CAR LOTS. Following arc receipts for Wednesday and esi (mated rceeq>4-s for-Thursday; .* ! W e d n ’ day. [Th urada y. Wheat - .’?J T‘ 9 (•orn- M - 224 oafs 'ns - - 98 Hogs _ 30.000 24,000 NEW YORK GROCERIES. NEW YORK. May 2'.'. Coffpp barely hi pad' . No. 7 Rio spot 14'. 0 I.4Rice firm; domestic ordinary to prime 4 3 5 0 ■>a» .Molasses steady; New Orleans open kettle 350 45. Sugar, raw firm; entrffu ' gal 3.H85. muscovado 3.485. molasses sugar :;.235, refined quiet: standard granulated 525 cot loaf 6, crushail 5.90, mold A 5 Op; cubes 5 10. powdered 5.30, diamond ) 5 20, confectioners A 5.05, No 1 '5.05. I No 2 5, No 3 4.95, No. 4'l 90 I Cheese stead': whole milk specials 14'j bld whole milk fancy 14011%. skims spe olals 110 11%, skims fine 9\o 10%, full skims 70 7%. COTTON SEED OIL. Cotton seed o£ quotations: I i Closlng Snot . . 7 . . . ■" ' 6'.95&7;1)0 I,L. 6 820 6.92 6 7600.8“ j v 6.9206 98 6 1)206.“3 \ugust 7.1007.11 7.0657.08 September .... 7.110 7.16 7.10xf7.12 October "Mil: N<»vcmbcr ... 6.Mm6.b;» December . 6 600 665 6,61 06 62 Closed weak; saTes. 13.300 barrels. MINING STOCKS. BOSTON. Mai 29. Opening. Calumet and \rlzona 76.' Shannon 15%. Shattuck and Arizona 22. Calumet-Hgcla 496.- ■ 19