Newspaper Page Text
TODAY’S MARKET OPENINGS
COTTON.
NEW YORK, May 29. —The cotton mar
ket opened steady, unchanged 1 to 3
points higher today. There was good ■
buying from both New Orleans and Liv- i
erpool sources. Spot sales abroad were
improved. Better cables were offset to i
some degree by good weather over the
Southern belt. After the call the under
tone was quiet. There was an advance i
of from 1 to 2 points.
Futures and spot were firm in Liver
pool.
. ;
NEW YORK.
Quotations in cotton futures, '
I I I I 11 I Pre,.
lOpenlHighlLow.'A.M. I Closv.
May . . . .111.06(11.12111.06 11.07:11.05-06 '
•lune 1 10.96-98
July . . . . 11.08 11.13 11.07 11 .11 11.06-07
August . . .| 1.’... .j 11 .11-1:.
September .ill .19511.19111.19(11.19111.16-17
October . . . 11.24:11.29111.23(1 1.25 11.23
November . 11.28.11.28,11.28 11.28 1 1.27-29
December . 1 1.33111.38(11.32:11.35 11.32-33
January . . 11.29 11.34(11 .29|11.32|11.28-23
February . I ! 11.32-34
March . . . Jll .39:11.43111 .39|11 .41 11.39-40
NEWORLEANb.
Quotations in cotton futures:
• I I I lilTodl Pre,.
May. . . . 11.67 11 ,t>7 11.67 11.67 11 .60-61
June. . . .| ....) ....( .... .... 11.60-62
..illy. . . .11.63(11.68 11.63 11.67 11.61-62 '
August . .[ ...J ....'j ..'..( .... 11.48-50 i
September I . ...| ....I ....' .... 11.40-42 i
October . .111.35(11.41111.35111.37:11.32-34 ,
November .' ...J . ...i ....I .... ill .34-3'l
Decern her .! 11.39111.43|11.38i 11.40 (11.35-36
January . . (11.44:11.46 11.44 ; 11.46111 .38-39
February ....( .... .... 11.40-42 i
March , , J .... I . ... | .. .. ( ....11. 44-46 ,
GRAIN.
CHICAGO, May 29. —Cooler Weather in
Kansas overbalanced the higher cables
and wheat prices were > s to %<• lower
this morning, with the trade more bear
ish. Reports front Kanass. especially
that from the Finley. Barrell & Co., crop
experts, were as unfavorable as several
previous days.
May corn was sharply higher under
covering by shorts, and the more de
ferred months were only the smallest
fraction better
Oats were unchanged to a shade lower.
Provisions were a trilie lower with
hogs.
\
CHICAGO GRAIN MARKET.
Open. High. Low. 11 a. n_.
WHEAT -
Mav . . .1 .14 1.14 1.13% 1.13%
July. .1.11% 1.11% 1.10% 1.10%
Sept. . . 1.06% 1.06% 1.06 1.06%
Dec. .. ’ 1.06% 1.06% 1.06% 1.06%
CORN—
May .. . 80% 81% 80% 80%
July . . . 75% 75% 75% 75%
Sept. .. , 73% 73% 72% 727$
Dec. .. . 63% 63% 63% 63%
OATS—
Mav .. . 54% 54% 54% 54'4
July .. . 50% 50% 49% 50
Sept. ~ . 42% 42% 42 42
Dec. . . 43% 43% 43% 43%
PORK—
May . . .18.40 18.40 1.8.40 18.40
July . . .18.47% 18. o<f 18.40 18.40
Sept. . . .18.50 18.50 18.45 18.45
LARD—
May . . .10.52% 10.52% 10.50 10.50
July . . .10.57% 10.57% 10.57% 10.57%
Kept. . . .10.80 10.80 10.77% 10.77%
RIBS—
July . . .10122% 10.22% 10.22% 10.22%
Sept. . . .10.37% 10.37% 10.37% 10.37%
MINING STOCKS.
BOSTON, May 29.—Opening: Calumet
and Arizona 76, Shannon 15%. Shattuck
and ■ Arizona 22, Calumet-Heeia 490. 1
ESTABLISHED I3SJ
The Lowry National Bank
OF ATLANTA, GA.
CAPITAL* - $1,000,000
SURPLUS - 1,000,000
Designated Depository of the United States,
County of Fulton, City of Atlanta.
INTEREST PAID ON SAVINGS.
FIRE SALE
Greater Reductions Than Ever Wednesday
Our stock of Ready-to-Wear is still SO
large that we’ve come to the conclusion that
it will take still greater reductions to con
summate our plan of clearing it all out this
week. These greater reductions on Tailored
Suits, Norfolk Suits, Dresses and Skirts take effect to
morrow. The Fire Sale of Undermuslins, Hosiery,
Neckwear, Shirtwaists, Kimonos, Children’s Wear,
Men’s Furnishings, etc.; in fact, everything in stock,
regardless of cost or former prices, is still going on. Be
one of the early crowd tomorrow.
STORE OPEN AT NINE A. M.
Style Quality
49 Whitehall Street
STOCKS.
By CHARLES W. STORM.
NEW YORK. May 2t». Canadian Pa
cific led in a general upturn at the open
ing of the stock market today. It was
over last night's closing. This was
chiefly due to Berlin and London buying.
The effect of a Roosevelt victory in New
Jersey had been discounted. It had no
appreciable effect upon the market. Buy
ing from Europe was the chief factor.
ITosperts of a government investiga
tion of the proposed increased price of
anthracite coal had no appreciable effect.
Reading gained ’ 2 . Erie common opened
unchanged, bus advanced
The coppers were firm. American
Smelting was up % and Amalgamated
Copper rose L». i’nited States Steel was
another firm issue, gaining %.
ether gains were: Steel preferred ’ 4 ,
Erie preferred ■’>», Atchison Union Pa
cific Missouri Pacific ;< s and Southern
Railway
The curb was stead}
Americans in London were steady, and
made gains over New York parity.
NEW YORK STOCK MARKET.
Stock quotations:
I J I I 11 IPrev
STOCKS— lOp'n .High' LowJ AM . [Cl’se
Amal. Copper.l S.?’ 4 83L S 3 83 82 3 4
Am. he Sec...; 28 I 28U 28 28’ 2 28’<»
Am. T. and T. 145 l z i 14. t > 1 /2iM. r > 1 /2'145’ i! 145 U
Am. Smelting iBS 3 4 B’> 85 ; ‘ 4 86 I 85 ; ’ K
Am. Loconto... 42’$ 42 I } . 42Lt. 42'%
Am. Car Fd.v..: 5!» 59 59 59 59
Am. '’an | 38U : 39'J 38% 1 38< 38%
do. pref. .. 1l«-\ 117 116U117 116\
Anaconda * 42Z. 427>. ’ 2
Atchison 106’$ 106’4 lO6’.js 106’4 108 ’»
Am. Beet Sug.i 72C 72 7 s 72’ 2
B. R. T 89’ /2 89L. 89 J / 2;
Can. Pacific .. 1266 ’ 2 267 L 266’i J66U 263’ 2
C. and O 79- H
Consol. Gas ..’42L 142'4 141 1 , 142142 1 ,
Distil. Secur. .. 32’ 4 32% 32% 32% 32
Erie i 35’% 5 5 g 35%
do, pref. ..i 53% 53% 53% 53% 52%
Gen. Electric . 171 171 171 |l7l 1171
Goldfield Cons.| 4% 4% 4% 1% 4%
G. North., pfd. 133 1.33% 133 J 33% 132%
G North. Ore.. 43 13% 43 ; 43 42
Interboro I 21% 21%' 21 21 21
do, pref. 60% 60% 59% 59% 60
K. C. South../ 24 24 22%! 22%: 21
K. and T I 27 27 27 27 26%
Lehigh Valley (177% (177 %'177 |177%!1.76%
Mo. Pacific ... 38% 38% 38% 38%: 37%
N. Y. Ventral . 118 118% 118 118% 118',
Nat. Lead 59 59 59 59 I 58%
N. and W. ...'112^.112% 112% 112% 112%
North. Pacific ;120%: 121 % ,120% 120% 120%
Pacific Mall .. 33% 33% 33% 33Z 33%
P. Steel Car .. 35 ►35 35 35 I 35
Reading 172% 173%'172% 173%'173
Rock Island ... 26% 26% 26%: 26% 26%
do, pref. .. 54%i 54% 51 54 54%
So. Pacific ... .;Ul% i Ul% ! lll%illl%:ill%
So. Itailwav ..I 28% ! 28%| 28% 28%! 28%
St. Paul 1106 (106 106 1106 1105%
Tenn. Copper 15 I *.: 45% 45%: 45%i 15%
I nion Pacific '171% 171 % 171 % 171 %. 170%
I'. S. Rubber .. 65 65 64’ 2 64V 2 64
Utah Copper .. 2 3 s' 62%! 62*af 62'7
U. S. Steel ... 70L
do. pref. . . 110" h 110 L 110% llo'Vllo\
Wabash, pfd. 1.8 ’ 2 18’ 2 18’, 2 18’ 2 18‘ 4
COTTON MARKET OPINIONS.
Hayden, Stone & Co.: Continuance of
present favorable weather conditions
would probably make for lower prices.
Logan & Bryan: Spinners are best buy
ers.
Bailey <£- Montgomery: There is enough
uncertainty about the crop to warrant
conservative buying on breaks.
Thompson, Towle <Br Co.: Present levels
do not tempt selling operations unless the
bottom drops out of the spot situation.
LIVE STOCK MARKET.
(TIICAGO, May 29. Hogs Receipts
30.('00. Market slow 7 to 5c lower; mixed
ami butchers $7.05fa7.65, good heavy $7.40
th 7.55, rough heavy $7,054/ 7.35, light $7
4/7.45, pigs ■ ss(q 6.-75, bulk
Cattle Receipts 18.000. Market 10c to
15c lower; beeves $5,904/ 8.25, cows and
heifers $2,404/8. Stockers and feeders $5
t/6.80, Texans $6,404/ 8.15, calves $7,504/
8.75.
Sheep Receipts 18,000. Market slow to
I 10c lower; native and Western $4,904/6.40,
lambs $64/9.15.
THE ATLANTA GEORGIAN AND NEWS: WEDNESDAY, MAY 29, 1912.
NEWS AND GOSSIP
Os the Fleecy Staple
(From Hayward & Clark.)
NEW YORK. May 28—Carpenter, Bag
got & Co.: Spot people buying and short
covering causing advance. Selling scat
tered.
Dallas, Texas, wires: “Texas, western
portion clear; balance generally cloudy:
high south winds; cooled. Oklahoma,
generally cloudy and cooler.”
Special reports to The Journal of Com
merce on crop conditions.
North Carolina—Cold wet weather re
tarded planting ten to fifteen days and
much cotton is not yet up. Reductions in
acreage are moderate and no reports of
replanting are heard. Cool nights have
retarded growth, but stands, where ob
tained. are generally excellent. But few r
compiaints have come Hi so far, and per
centage condition w’ill probably figure out
quite as good as last year. Prospects
are quite up to the average.
South Carolina On account of wet
weather plantinfg was much delayed and
the crop is ten to fifteen days late*. Cot
ton is not yet all planted, and some cor
respondents consider it too early to es
timate acreage or condition with any ac
curacy. Soil has been poorly prepared,
but two weeks of favorable weather has
allowed work to progress satisfactorily,
and estimates of percentage condition
compare favorably with last year, when
ft was 74%. Early planted cotton shows
good stands, and the plant is generally
healthy. Conservative estimates of acre
age reckon on a 5 to 10% reduction, but
there are quite a few correspondents who
anticipate higher percentage.
Florida Heavy rains have injured the
prospects in the low lands and the out
look at present is rather poor.
Following are 11 a. m. bids: July 11. On.
October 1119. December 11.28. January
11.24.
NEW ORLEANS. May 28.—Hayward &
Clark: Weather developments continue
very favorable. The map shows very
favorable conditions. Partly cloudy to
fair; general showjK n the Atlantlcs. In
dications are fe. cloudiness
generallyy, probably some scattered
showers, cooler in the western belt.
New Orleans Tinies-Democrat. Neither
the Federal government. The Tinies-Dem
ocrat nor any other recognized authority
has found it possible to gather accurate
information concerning the 1912 cotton
acreage so early in June. Nevertheless,
in spite of the backwardness of the crop
and the fact that planting is not yet fin
ished, bearish operators generally accept
ed a rumor to the effect that a Memphis
man had guessed, would guess or may
guess the condition as 79.4. and the acre
age as 7% decrease, and a tangible bit of
gospel such as is usually accepted by the
elect, and acted accordingly. However,
the long promised avalanche of selling
cost the price only about $1 a bale. The
weather continues favorable and the
weather man promises warm weather and
showers during the week. Such a com
bination will help the plant. It will also
give rise to a further bearish confidence,
and within a day or two talk of declines
•>n legitimate influences may become gen
eral. Under these circumstances the
claim will be made that levels low enough
to attract fresh trade buyers alone will
suffice. z
DAILY WEATHER REPORT.
May 29. 1912 —Atlanta: Lowest temper
ature, 72; highest temperature. 86; mean
temperature, 79; normal temperature, 72;
rainfall in past 21 hours, trace; excess
since first of month. .09- inches; excess,
since Januparv 1. 8,08 inches.
REPORTS FROM VARIOUS STATIONS.
Stations Weath. (Temperature'R’fall
7 Max. 24
I [ a. m. y’day.lhours,
Augusta Cloudy I 76 . .. I ....
Atlanta (Cloudy i 72 I 86 I T.
Atlantic City. (Cloudy . ! 64 ! 68 I T.
Anniston .../Cloudy : 76 : .. !
Boston (Cloudy ,58 76 ....
Buffalo (Cloudy : 58 76 I .86
Charleston .. I’t. cldy. 80 I 32 ....
Chicago Clear 48 76 ....
Denver ...... Clear ! 48 76 ....
Des Moines... Pt. cldy. 58 ' 68 ....
Duluth Cloudy 40 48
Hast port (Cloudy -56 J 66. ....
Galveston .../Cloudy 78 84 . ...
Helena Cloudy 48 66 ....
Houston iPt. cldy. 78 % .. ....
Huron Cloudy 50 ' 60 .02
Jacksonville . Clear I 78 ; 90 , ..
Kansas CUy./Cloudy I 60 • 78 i ....
Knoxville .../Cloudy j 68 I 78 i .46
Louisville Cloudy 68 78 i .46
Macon Cloudy I 76 : ....
Memphis Clear ; 70 ( 84 I T.
Meridian ....(Cloudy ! 72 I .. I .5-
Mobile Cloudy | 78 | 86 f.
Montgomerx. Raining I 76 : 90 .06
Moorhead .../Cloudy 1 50 ] 66 .04
New Orleans. Cloudy I 78 90
New York .. . Cloudy I 64 80 3 .
North Platte . Clear I 48-1 72 | ....
Oklahoma .... Clear i 62 ( 84 . ...
Palestine .../Cloudy I <2 I 90 I .64
Pittsburg .....Cloudy 6 86 T
Portland .....Cloudy I 2„ ! S?
San FranciseoiClear I »2 ( 74 ....
St. Louis ....(Cloudy ' 62 j 82 ....
St Paul Clear I 48 <8 ....
Salt Lake Cty.Pt. cldy.; 56 ■ 72 ....
Sa annah .. ..(Pt. cldy.j 74 | .. ....
Washington ..(Pt. cldy. <4 ' 86 ....
Ask aaiy business man and he will tell
you The Georgian Want Ad columns
reach more people and bring better results
that could not be obtained in any other
medium in this section.
Im™
BOOSTS COTTON!
High Temperatures, With No I
Rain in Sight, Causes Ad
vance-Trading Quiet.
NEW YORK, May 28.—Steady Liver
pool cables and need of rain in Texas
and Oklahoma caused the cotton market 1
to open steady today and the first prices <
were 1 to 4 points higher. t
Spot was active in Liverpool and fu- <
tures there were quiet hut firm. i
On the opening the market was quiet i
and has continued so all during the day. <
Spot houses were best buyers, causing a '
rally. The rings Is against the market. <
however, and Is ever ready to sell on ad- >
vanees. Cordill reports conditions in Tex
as excellent. With all the bearish In- '
fluences the markets holds remarkably 1
well. _ i
In the afternoon the market was
steady, 2 o’clock prices showing advances 1
of 9 to 12 points over the previous close, i
Temperatures were very high In Texas,
nine stations reporting maximums of 100 1
to 105. ;
At the close the market was steady at
advances of from 7 to 11 points above the
closing quotations of Monday.
RANGE IN NEW YORK FUTURES.
<
« U k K ® ° J J
a. “ J 2-3 o £o
O K 4 "to V
May r?797|l 1.06 10.97 11.06 11.05-06~10,95-96 '
June 10.91(10.01 10.91 10.91110.96-98 10.89 91 ,
July : 10.98 11 08 10.97 11.07(11.06-07 10.96-97 j
Aug 11.06 1.1.13 11.06 11 13 11.11-12 11.02-04
Sept. ill.13(11.13 11.13'11.13'11.16-17 11.06-08
Oct. ill. 16(11.25 11.15:11.23 11.23 11.13-14
Nov. : | 1 (11.27-29 11.17-18
Dec. 11.26 11.35 11.24 11.32 11.32-33 11.24-25
Jan. 11.21(11.30(11.20(11.29111.28-29 11.19-21
Feb. I ( (.... 11.32-34 11.23-25
Meh, 11.29'11.47'11.25'11.39:11.39-40 11.28-30
Closed steady.
Liverpool cables were due 9% to 11
points lower. Opened quiet but steady
at 8 points decline. At 12:15 p. m. was
quiet at a net decline of 8% to 9% points.
Later cables were 1 point higher than
the above quotations. . Fair business done
in spot cotton at 4 points decline; mid
dling 6.32 d; sales 8,000, Including 7,700
American: speculation and export 500;
imports 27,000, Including 22,100 Ameri
can.
At the close the market was steady 8
to 9% points lower than the previous
close.
RANGE IN LIVERPOOL FUTURE!
Futures opened easier.
Opening. Prey.
Range. 2 P. M. Close. Clost.
May . . . 6.13 6.13 6.13 6.21
May-June 6.14 -6.11 6.13 6.13 6.21
June-July 6.13%-6,12% 6.13 6.13 6.21
July-Aug. 6.16 -6.15 6.16 6.15% 6.24
Aug.-Sept 6.17 -6.15% 6.16% 6.16 6.24%
Sept.-Oct. 612 -6.11 5.11% 6.21
Oct.-Nov. 6.10 -6.10% 6.09% 6.09% 6.18%
Nov.-Dec. 6.09% 6.09 6.08% 6.17%
Dec.-Jan. 6.09 6.09 6.08 6.17 ,
Jan.-Feb. 6.09 -6.08 6.08 6.08 6.17
Feb.-Meh. 6 10 6.09% 6.08% 6.18
Meh.-Apr. 6.10%-6.10 6.09% 6.18% ,
Closed steady. ,
- i
HAYWARD & CLARK’S
DAILY COTTON LETTER
NEW ORLEANS, May 28.--The London
News says: "Dock strike assuming dis
quieting'aspect. Possibility of strike ba
cqinlng national in increase." Consider- (
ing such news and the large difference i
from our markets, Liverpool held up very <
well today, showing no greater decline ,
than due on futures, and quoting spots <
only 4 points lower; sales. 8,000 bales.
The report of The Journal of Commerce
on the two Carolinas was distinctly bet
ter than the trade expected.
It was reported here this morning that
the national glnners' condition and acre
age forecast, is only to May 16, but there
is" nd confirmation of this statement.
Our market recovered about. 10 points
this morning on demand attracted by
yesterday's depression and scarcity of 1
sellers due to anticipation of a bullish
weekly weather report, which is expected
to speak of high temperatures in the 1
Western states.
The market eased in the second hour on
a very favorable report from Texas by a i
prominent crop inspector.
RANGE IN NEW ORLEANS FUTURES.
I E Hs 5 £-?
May ,|11.60]U.62111.54|11.62T1L00-Oi 1 L51~54
June ' ' I 11.60-62111.52-54
Julv 11.55 11.63 11.55 1 1.61 11 61-62 11.53-54 ,
Aug : ! (.....(11.48-50(11.39-41 (
Sept 111.37'11.37:11.37(11.37(11.40-42(11.32-34 (
Oct ' 111.29(11.36 11.28:11.34 11.32-34(11.26-27 '
Nov 1 1.34-36 1 1.28-30 ,
Dec. 11.31 11.38 11.31 11.35 11.35-36 11.29-30 I
Jan. 11.36 11.39,11.35 11.38 11.38-39 1 1.31-32 ■
Feb ( I I 11.40-42:11.33-35 .
Meh. ... ./ ! I (11.44-46(11.38-40
Closed steady.
SPOT COTTON MARKET.
Atlanta, steady; middling 11%.
New York, quiet; middling 11.50.
New Orleans, steady: middling 119-16.
Liverpool, easier: middling 6.32 d.
Savannah, quiet; middling 11%.
Augusta, quiet; middling 12c.
Mobile, steady; middling 11%.
Galveston, easy; middling 119-16.
Norfolk, quiet; middling 11%. <
Wilmington, nominal.
Little Rock, quiet; middling 11%.
Charleston, nominal; middling 11%.
Louisville, firm; middling 11%.
Philadelphia, steady; middling 11.75. :
Boston, quiet; middling 11.50.
Baltimore, nominal; middling 11%.
Memphis, steady; middling 12c.
St. Louis, steady; middling 11%.
Houston, steady: middling 11%.
PORT RECEIPTS.
The following table shows receipts at
the ports today compared with the same
day last year:.
~~ I 1912. | 1911. _
New Orleans. . . .1 1.842 I 1,746 ’
Galveston 4,062 I 223
Mobile 85 : 19
Savannah 2,045 459
Charleston ■ 259 ' 34 '
Wilmington 17 4 t
Norfolk 33 236
New York ... ' 51
Boston Si 133
Various. . . . . .1 •• • • ! 100 ”
■“Total • 8.639 ,| 3,005 ■
INTERIOR MOVEMENT.
I “"1912. I iML~—
Houston 553 j 125
Augusta ■ 118 j 40
Memphis 963 589
St. Louis ....... 515 223 ,
Cincinnati. ~... ,( 545 I ....
Little Rock ' ■■ ■ ■ I 111
“"Total / 3,194 ' 987
COTTON MARKET OPINIONS.
J S. Bache & Co.: Advise the pur
chase of the distant positions on any fur
ther reaction.
Harden, Stone & Co.: It will probably
bo found hard to prevent a further de- i
C '’peil & Co.: 'Ve believe in the long side.
Rothschild & Co.: It will require un
favorable climatic conditions to cause ad
vances.
NEW YORK COFFEE MARKET.
Coffee quotations:
l_Openlng. | Closing
January 13 55<ti: 13 60 18.67@ 13768
February 13.50® 13.60 13 64<U13.65
March. 13.57@T3.58 13.69@T3.70
Xpril T3.G7<aT3,60 13.69@ 13.70
May '3 25 13.44@13.45
.lune i3.500T3.50 13.42013 44
July 13.36 13 44@13.45
August ... 13 40013.5513.54013.55
'September 13.55 13 640 13.65 ,
October. ... . 113.51 @l3 55 13.650 13.66
November 13.520 13 56 13 66013.67
December. . . ■
“Closed steady. Sales, 36,750 bags.
■ GOAL ROADS
STOCK FEATURES
1
International Harvester Is Also
Very Strong and Higher.
Hill Issues Active.
By CHARLES W. STORM.
NEW YORK. May 28 —Despite reports
from Washington that the proposed in
crease in anthracite prices is to be inves
tigated by the government the hard coal
carrying and owning railroads were
among the strongest stocks at the open
ing of the market today. Valley
opened % higher, and within fifteen min
utes Its aggregate gain over last night's
closing was 1%. Reading rose %. Balti
more and Ohio made a similar gain.
Trading was quiet and prices moved in
slight variations. Some stocks ranged
higher through an absence of supply rath
er than because of increased demand
Canadian Pacific opened al 263% for a
loss of %, but later rallied and in fif
teen minutes had risen to 264%.
The New York traction stocks were
firm. Interborough .Metropolitan opened
at 60%, a gain of %. 1.". S. Steel was up
%. Amalgamated Copper was up %.
Erie common was % higher.
Tlie curb was easier v
Adjustment in Canadian Pacific caused
dullness and declines in that issue in the
London market. Americans in London
were steady.
Irregularity marked the trading in the
late forenoon. International Harvester
was active and strong, advancing 3 points,
and a gain of more than a point was made
in Lehigh Valley. Pittsburg Coal was
fairly active and strong. A few special
ties were under pressure, however, Amer
ican Tobacco declining 3 points. The
Hill stocks were active
The earlier dullness became more pro
nounced as the session advanced and in
the afternoon trading was at a complete
standstill. The public was not represent
ed, and with the little business that was
done was in the nature of switching of
contracts by the professional floor ele
ment.
The market closed dull but steady.
Governments unchanged; other bonds
firm.
Stock quotations:
| I iLast I Cits IPrev
STOCKS— (High (Low_lSsne_ Bld.lCl’s*
Atnal. Copper. 83%' 82%l 82%l 82% 82%
Am. Ice Sec.. 28% 28% 28% 28% 28%
Am. Sug. Ref.(lßo 130 130 128% 129%
Am. Smelting ' 85% 85% 85% 86% 85%
Am. Loconto. . 42% 42% 42% 41% 42
Am. Car Fdy./ f. 8% 58% 58% 59 58%
Am. Cot. Oil ..I 54% 54% 54%' 53%! 53%
Am. Woolen ..I 28%l 28%
Anaconda ! 42% 42% 42%. 42% 42%
Atchison 1106% 106% 106% 108% 106%
A. C. L ....I j139%|139
Am. Can 1 39% 38% 38% 38% 38%
do, pref. ..*117%(117%i117%1116%|117
Am Beet Sug.i 72%' 72 72 72 72%
Am. T. and T. T 45% 1 45% 1457/ .... 145%
Am. Agricul. . 62 % I 62%l 62% 61% 62
Beth. Steel ...I ....! / 37%: 37%
B. R. T I 89%| 89%', 89% 89%( 89%
B. and O ... .108% 108% 108% 108% 108%
Can. Pacific ...:264%',263% 263% 263% 263%
Corn Products 1 15%l 16% 15%' 15% 16
C. and <> I 79%( 79% 79%l 78%( 78%
Consol. Gas .. 142% 142% 142% 142% 142
Cen. Leather I ...J 25% 25%
Colo. F. and 1 ........ I 28 28%
Colo. South.... .... .... 41%. 41
xD. and H. ... 172%,172%(172%:168 170V1
Den. and R. G. 19%; 19%l 19%' 19 19%
Distil. Secur .... .... 32 | 33'1
Erie 35%' 35% 35% 35% 35%
do, pref. .. 53 52%' 52% 52% 53
Gen. Electric 171%'171 (171 (171 (170
Goldfield Cons. 4%| 4% 4% 4%| 4%
G. Western ' 17% 17%
G. North., pfd. 133% 132% 132% 132% 132%
G. North. Ore..! 42% 42 I 42 42 42%
Int. Harvester 121 118 120 120 (117
111. Central ... 125% 125%,126%1125% 126
Interboro 21% 121 (21 21 j 21%
do, pref. ..! 60% 60%' 60% 60 * 60%
lowa Central .I . ...( .. .I 12 ' 12
K. C. South... 25 24%' 24% 24 25
K. and T. | 26% I 26% 26% 26% 26%
do. pref. ..I 58%' 58% 58% 57 57
L. Valley. . .177 (176.% 176% 176% 175%
L. and N . . 158 157%:158 '157% 157%
Mo. Pacific . .1 38% 37% 38 37% 38%
N. Y. Central 118*2 118 118 !118%'118
Northwest. . .1138% 138 138% 138 138%
Nat. Lead. . .1 58% 58% 58% 58%l 58%
N. and W.. . . 1112% 112% 112%1112 % 112%
No. Pacific . . 120% 119% 120% 120% 1198,
O. and W.. . .I .../ .... .... 37 37
Penn 123% 123% 123% 128% 123%
Pacific Mail 33%’ 33% 33% 33%' 33%
P Gas Co.. , T14%'114% 114% 114% 114%
P. Steel Car. .' 35 35 35 ' 35 34%
Reading . . . T 73% ' 1 72% 173 173 172%
Rock Island. .' 27 27 ; 27 ' 26%i 27
do. pfd.. . .1 54%' 54%' 54%! 54%' 54%
R. I. and Steell 23%l 23%| 23% 23 I 23%
do. pfd.. . . I ....I ........ i 77 78
S. -Sheffield. .1 ........1 ... .1 49 49
So. Pacific . . 111% 111 % 111% 111% 111’4
So. Railway .’ 28% I 28% 28% 28%' 28%
do. pfd.. . . 75%l 75%’ 75%: 74%' 75
St. Paul. . . . 105% 105% 105% 105% 105%
Tenn. Copper . 45% I 45%' 45% 45% 45
Texas Pacific ( .... .../ 23%i 23%
Third Avenue .... ....’ 38% 39%
Union Pacific (171 %T70%(171 1170%’, 170%
I". S. Rubber ’ 64 % 63 . 64% 64 , 63%
i'tah Copper 62%' 62% 62% 62% 62%
11 S. Steel. .'7O I 69%; 69% 69%: 69%
do. pfd.. . . 110%'H0% 110%T10%T10%
V. Chem.. .1 51% 51% 51%, 51% 51%
West. I’nion. . 83%' 83 83 83 83%
Wabash . . . .I ....' ...J ....I 7% 7%
do. pfd.. . .' 18'41 18%, 18%. 18% 18
West. Elec.. 73 I 73
Wis. Central .1 ...J ....I 51%| 51%
W. Maryland.| ....I ....! ... /59 58%
Total sales, 1457000 shares. x-Ex-divi
dend, 2% per c.ent.
MINING STOCKS.
BOSTON, May 28 Opening: Calumet
and Arizona, 75: Greene Cananea. 9%:
Lake Copper. 38%; Miami, 26%; United
States Smelting preferred, 48%.
LOCAL STOCKS AND BONDS.
Rid Askea
Atlanta A West Point R R... 14« 145
American National Bank ... *«5 ?io
Atlantic Coal & Ice common. 101 102
Atlantic Coal & Ice pref..... 9i
Atlanta Brewing X: Ice C 0... 175
Atlanta National Bank .... 325
Central Bank & Trust Corp jgo
Exposition Cotton Mills 145 ] Bf ;
Fourth National Bank 245 250
Fulton National Bank 125 130
Ga Ry. & Elec, stamped. ... 124 126
Ga Ry & Pow. Co., common 28 3]
do 1«t pfd 80 85
do. 2d pfd. 42 44
Hlllyer Trust Company 125
T. National Bank 248 250
Realty Trust Company 108 no
Sixth Ward Bank 99% 101
Southern Ice common 71 72%
Third National Bank, new.. 205 210 "
Trust Co. of Georgia 225 235
Travelers Bank * Trust Co.. 125 I’g
BONDS.
Atlanta Gas Light Ist 53.... 101% 105
Georgia State 4%5. ISIS .... 101 101
Geotgia Midland Ist 3s 60 g]
Ga Ry & Elec Co. 5s 101
Ga. Ry. & Elec ref 5s 99 99%
Atlanta Consolidated 5s 102% ...
Atlanta City 3%5, 1931 91 92%
Atlanta City 4%5, 1921 102 103
Southern Bell 6s 99% i<»%
NAVAL STORES.
SAVANNAH, May 28. Turpentine firm
at 450 45%; receipts 850.
Rosin firm; receipts 2,671; waterwhite,
$7,400'7 50; windowglass, $7.40; N. $7.40:
M. $7.300 7.37%; K. $7.3007.23%; I. 87.30
@32%; H. $7.2507.32%; G. $7.2507.32%;
F. $7.2507.32%; E, $6.9007.20; D, $6,600
6.65; C, B. A, $6.1506.35.
POULTRY, BUTTER AND EGGS.
NEW YORK. May 28 Dressed poultry
steady; turkeys. 13022; chickens. 170 28:
fowls, 11%@15%: ducks, 13022; geese.
11016. Live poultry Irregular: fowls,
15%; turkeys. 12 (asked); roosters, 10%
(asked); ducks, 12 (asked); geese, 9
tasked >.
Butter steady; creamery specials, 270
27%; creamery extras. 2'1026%; state
dalrv. tubs. 26026%; process specials, 26
(bidl.
Eggs irregular, nearby white far.-'V,
33 ttildi nearby brown fancy. 2(i' : t.;.
extra firsts, 210'21%. firsts, 17%019%
ATLANTA MARKETS j
EGGS- Fresh country candled. 17@18c
BUTTER —Jersey and creamery, tn lib.
blocks, 20% @2sc; fresh country dull. 10
@l2%c per pound.
DRESSED POULTRY—Drawn, bead anfl
feet on, per pound. Hens, 16017 c; fries.
25027 c. Roosters, B@loc. Turkeys, ow
ing to fatness, 18@20c.
LIVE POULTRY—Hens. 40@45c: roost
ers, 25035 c; fries, 30050 c; broilers. 25@
30c; puddle ducks. 36@40c; Pekin ducks,
40045 c; geese, 50060 c each; turkeys, ow
ing to fatness, 17018 c.
FRUITS AND PRODUCE.
FRUIT AND VEGETABLES—Lemons,
fancy, $4.000 4.50 per box. Florida
oranges. $3.0003.50 per box. Bananas,
30 3% per pound Grape fruit. $5,000
6.00 per crate. Cabbage. l%@2c per pound,
rlorida cabbage, $2@2.50 per crate. Pea
nuts. per pound, fancy Virginia. 6%07c:
choice,. 5%@6c. Beans, round green
$1.7502.00 per crate. Florida celery.
$2.0002.50 per crate. Squash, yellow, per
six-basket crates. $1.50@2.00 Lettuce,
fancy, $1.2501.50; choice, $1.25 01.50 pet
crate. Beets, $3.0003.50 per barrel. Cu
cumbers. 75@51.00 per crate. English
peas, per drum. $1.0001.25. New Irish po
tatoes. per barrel, $4.5005.00 per barrel.
Strawberries, 506 c per quart.
Egg plants. $2 5003 00 per crate. Pep
per, $1.7502.00 per crate. Tomatoes,
fancy. six-basket crates, $2.5003.00;
choice tomatoes. $1.7502.00. Pineapples,
$2,500 3.00 per crate. Onions, $2.000 2.50
per bushel. Sweet potatoes, p. yam. $1 50
@1.75 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% c.
Co-nfie!d hams. 12 to 14 lbs. average
16’40.
Cornfield skinned hams, 16 to IB iba.,
17’
Cornfield picnic hams. 6 tu t lbs. av<r
!2%c.
Cornfield breakfast bacon, 23c.
Grocer style bacon (wide or narrow).
l"%c.
Cornfield fresh pork sausage (link or
bulk), 25-lb. buckets, 12c.
Cornfield frankfurters, 10-lb. buckets,
age. 10c.
Cornfield bologna sausage, 25-1),. boxes,
9c.
Cornfield luncheon hams, 25-lb. boxes.
11c.
Cornfield spiced jellied meats in l#-tb.
dinner pails, 10c.
Cornfield smoked link sausage, 25-lb.
boxes. 9c.
Cornfield smoked link sausage in pickle.
50-lb. cans, $4.25
Cornfield frankfurters In plckla, 15-lb.
kits. $1.60.
Cornfield pickled nigs feet. 15-lb. klta
SI.OO.
Cornfield pure lard (tierce basts), 12%c.
Country stile uure lard, 60 lb. tins only
12c.
Compound lard (tierce basis), 10c.
D. S. extra ribs. 11%C.
D. S. rib bellies, medium average,
12%c.
D S. rib bellies, light average. 12%c.
FLOUR AND GRAIN.
FLOUR Postell's Elegant, $7.50; Gloria
I (self-rising), $6.50; Victory (finest pat
ent), $6.50: Faultless, finest. $6.25; Swans-
I 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
','ioud (highest patent), $5.75; Diadem
(highest patent). $5.50; Farm Bell, $5.40;
Paragon (highest patent). $6.00; White
Lliv I highest patent), $5.75; White Daisy,
$5.75; Southern Star. $5.50. Sun Beam.
$5.50; Ocean Spray (patent), $5.50.
CORN—Tennessee —White, red cob,
$1.08; No. 2. white. $1.07; cracked, $1.05;
yellow, $1.05; mixed. $1.05.
MEAL—Plain 144-lb. sacks. $1.01; 96-Ib.
144-lb. sacks, $1.01; 96-lb. sacks. $1.02:
sacks, $1.02; 48-lb. sacks, $1.04; 24-lb.
sacks. $1.06.
OATS Fancy white clipped, 74c; fancy
white. 71c; mixed, 72c.
COTTON SEED MEAL—Harper, $29.
COTTON SEED HULLS —Squara aateka
$9.50 per ton.
NEW YORK PRODUCE MARKET.
NEW YORK, May 28. —Wheat easy;
July sl.l5 1 %01.15%, spot Nd. 2 red $1.24
In elevator. $1.24 f o. b. (.'urn dull;
No. 2 in elevator nominal, export No. 2
84% f. o. b., steamer nominal, export No.
4 nominal. Oats firmer: natural white
61 @62, white clipped 62065%. Rye quiet;
No. 2 nominal f. o. b. New York. Bar
ley steady; malting $1.1601.28 c. i. f.
I Buffalo, flay steady: good to prime $1.30
01.65. poor to fair $1.2501.45. Flour
dull; spring patents $5.6006.10, straights
$5@5.50. clears $4.8505.10, winter pat
ents $5.900 6.10, straights $5.3505.60,
clears $4,75 o's.
Beef firm; family $518018.50. Pork
steady; mess $20,260'20.76, family $20.25@
21.25. Lard steady; city steam 100 10%,
midtjje West spot 10.85 bld. Tallow quiet;
city (In hogsheads) 6% nominal, country
(in tierces) 5%@6%.
METAL MARKET.
NEW Y(>RK, May 28. At the metal ex
change today further strength was shown
with fair activity tn the dealings.
Quotations: Copper, spot 16.20016.50,
Mav and June. 16.25016.50; July, 16.300
16.62%; August, 16.300 16.50; lead, 4,17%@
4.25; spelter. 6.90@7-00; tin. 46.95@47.10.
LIVERPOOL GRAIN MARKET,
Wheat opened %d to %d lower; at 1:30
p. m. was %d to Id lower. Closed %d
to Id lower.
Corn opened %d to %d lower; at. 1:30
p. m. was l%d to l%d lower. Closed l%d
to l%d lower.
COTTON SEED OIL.
Cotton seed ofl quotations:
Opening j_ClosTng
Spot I .. "...... I 6.85®7.00
June 6.8706.91 ’ 6.8806.95
July 6.980'6.99 I 6.990 7.01
August ' 7.0807.10 I 7.1107.12
September ... .1 7.1407.15 , 7.1407.16
October 7.1007.11 I 7.1107.13
November .... 6.600'6.65 6.610 666
December 6.4506.50 ' 6.480'6.50
""Closed steady; sales 8,300 barrels.
WEEKLY WEATHER REPORT.
WASHINGTt >N. May 28 Light precipi
tation occurred in scattered localities in
northwestern Texas, northern and west
ern Oklahoma, northwestern and central
Arkansas, southeastern Louisiana, north
ern and central Mississippi, extreme east
ern and extreme western Tennessee,
northern and western Alabama and
northwestern Georgia. Along the Atlan
tic coast the precipitation was moderately
heavy. However, over the greater por
tion of the cotton region there was no
rain. The greatest weekly amount, 3.40
inches, occurred at New Orleans.
Weekly mean temperatures were from
1 to 8 degrees above the normal through
out the cotton region, the greatest excess
being in Oklahoma and northwestern
Texas The mean temperature ranged
from 66 to 80 degrees over the eastern,
from 76 to 78 degrees over the central
and from 76 to 84 over western por'ion
of the cotton growing states. The high
est mean temperature. 84 degrees, oc
curred at Del Rio. Texas.
"Tether Wate” Baggage
For your summer vacation. MATTING,
CANE and FIBER GRASS SUIT CASES.
$1.00,52.50and $3.00
LIEBERMAN'S TRUNK STORE
The House of Guaranteed Baggage
92 Whitehall
IWMIT! IN
WHEATMARKET
May Prices Lower and Other
Options Higher—Corn Fol
lows Same Trend.
ST. LOUIS CASH QUOTATIONS.
Wheat—No. 2 red 119%@120
Corn 82
Oats 53%
CHICAGO, May' 28.—While May wheat
was %c lower this morning the July op
tion was up %c and September was off a
small fraction Liverpool, which had
been closed since Friday, came % to Id
lower today on favorable crop conditions
abroad and the excellent crop promise in
our own Northwest and Canada. A few
showers were reported in southeastern
Kansas and northern Nebraska and Mis
souri, Illinois and tlie Northwest.
Corn was % to %c higher for the list,
ami this, too, in the face of a sharp drop
at Liverpool.
Oats were %c higher to %c lower.
Hog products showed but little change.
Following a sharp early slump on weak
cables and general rains in Illinois and
the Southwest, there was a sharp upturn
on bad crop reports. Realizing sales on
the upturn caused a moderate reaction
and final prices showed net gains of %c
on July. 1c on September, while Mav
dosed with a net decline of 1 %c, the
low point for the day.
While corn was weak, early prices ral
lied late in the session on a good demand.
"ats opened weak, and, like corn,
strengthened late on good buying.
Provisions closed higher on a good de
mand generally credited to Western pack
ers. Comparatively, trade was of moder
ate volume.
CHICAGO GRAIN MARKET.
®pen. High. Low. Close. Close.
WHEAT—
May 1.14% 1.14% 1.18% 1.13% 1.14%,
July 1.10% t. 11% 1.10% 1.11% 1.10%
Spt. 1.05% 1.07 1.04% 1.06% 1.05%
Dec 1.05% 1.07% 1.05 1.06% 1.05%
CORN
May 81% 81% 79% 80% 81%
July 75 75% 74% 755, 75%
Sept. 72% 73% 72% 73% 73
Dec. 63% 63% 62% 63% 63
OATS—
May 55% 55*% 55% 55% 55
July 50% 51 50% 50% 50%.
Sept 42% 42% 42% 42% 42%
D< <3% 431/ *
* My 18.45 18.45 18.45 18.45 18.32%
Jly 18.42% 18.55 18.37% 18.55 18.37%
1 Spt 18.37% 18.55 18.37% 18.55 18.42%
1 LARD—
My 10.55 10.55 10.55 10.55 10.50
i Jly 10.60 10.65 10.60 10.60 10 60
I Spt 10.75 10.85 10.75 10.80 10.80
RIBS—
) My 10.35 10.25 10.25 10.26 10.15
. Jly 10.17% 10.27% 10.17% 10,27% 10.20
Spt 10.32% 10.45 10.32% 10.42% 10.32%
CHICAGO CAR LOTS.
Following are receipts for Tuesday and
estimated receipts for Wednesday:
(Tuesday. iWedn’sday
. Wheat I 38 70
Corn 154 154
<>ats 128 152
Hogs j 12.000 28,000
PRIMARY MOVEMENT.
“WHEAT- T 1912 j
I Receipts ...... .1 384,000 | Holiday.
Shipments 1 566,000 ) Holiday.
! CORN ' 11 -
; Receipts 383.000 I Holiday.
Shipments 309,000 | Holiday.
CHICAGO CASH QUOTATIONS.
, CHICAGO. May 28. —Wheat, No. 2 red.
$1.13%0114%: No. 3 red. $1.11%01.13;
No. 2 hard winter, $1.13%@1.14%; No. 3
bard winter, $1 11%@1.13: No. 1 northern
spring, $1.1801.21; No. 2 northern spring,
: $1,160*1.19; No. 3 spring, $1.1001.16.
Corn. No. 2. 79% 0 80%; No. " white. 80
( 0 81; No. 3 yellow, 790 080%: No. 3, 760
77%: No. 3 white. 79@80; No. 3 yellow.
77077%: No. 4. 73%@75; No. 4 white, 76
@77; No. 4 yellow. 74%075%.
Oats, No. 2 white. 56% @56%; No. 3
white. 54%@55%; No. 4 white, 54 0 55%;
Standard, 56%.
VISIBLE SUPPLY CHANGES.
Following shows the weekly visible sup
ply changes In grain for the week:
Wheat, decrease 2.342,000 bushels.
Corn, decrease 731.000 bushels.
Oats, decrease 142,000 bushels.
1 i." U....888MS
Diversified Service
tf]T This hank performs all the
jj functions of a commercial
and savings bank.
Care of funds on checking or sav
ings account, loans uuon good se
curity, discounts, collections every
where, transmission of funds by
draft, telegram or cable—these are a
few of the services which it places
at the disposal of patrons.
Your business, personal or sav
ings account is invited.
AMERICAN
NATIONAL
| BANK
13