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

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’ HM my TRIM COST BF LIVING Bumper Crop Expected to Bring Material Reduction in Cost of Food Products. By B. C. FORBES. NEW YORK, May 29. Good news can be 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. What crop, think you. ranks next in value to King Corn? Cotton? No. Wheat? Not at all It Is hay. The Wall Street breed of farmer seldom realizes this. , Indeed, city dwellers hear so. little abojit this inconspicuous product that they do not grasp how intimately it af fects their household bill. This year's t grass rop promises to pass all records. , thanks to the abundance of moisture. Now. w ith an abnormal supply of green grass and hay. the farmer will be able to plenty of cattle to supply all do mestic requirements and the needs of for eign customers. You will recall—if you have anything 'to do with household accounts —that every time the butcher adds a few cents 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. Teotnan service has latterly been ren dered the United States by King Sol. y 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. IVet us have harvests of unprecedented size, and no amount of political wrangling will hold the country back, 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 80 per cent. Popula tion has gone up 27. pep 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 pjobably be a real old-fash loned scare, and then security values will temporarily tumble headlong. Outlook Politically. Wall Street can not foresee the outcome of the present many-sided struggle. But here is one financial reading of the situa tion : - If President Taft receives the Republi- nomination. Mr. Roosevelt will found a new party, and the split will result In If. on the other hand, Mr. Roosevelt wins at Chicago and the Democrats select a . worthy leader, a close fight Is expected. No confidences are betrayed by saying that Wall Street believes Mr. Roosevelt's hark is much worse than his bite would actually be If elected. N.or 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 ifetween 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 for 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-ruinous 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 Gain. •y Anthracite producers have simply thrown the burden of the increase in wages upon the defenseless public. In ter —they have gone further; they, have added a few million dollars extra, so they are better off than under the old sched uler It is naively explained that the ad- T dltlrina) twenty five cents a tort can not bo levied upon certain sizes, as there would be competition from bituminous coal, but the householder, cornered, must use anthracite, and must nay 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 to harmonious relations between the "haves ' and the "have nets.” The stork market's irregular movements are a fairly accurate reflex of current sen timent. Bonds are not easily distributed —really distributed—that is. as distinct from merely "placed.” ESTABLISHED 1861 The Lowry National Bank OF ATLANTA, GA. CAPITAL - Si ,000,000 SURPLUS - 1,000,000 Designated Depository of the United States, County of Fulton, City of Atlanta. INTEREST PAID ON SAVINGS. PUPILS UNDERFED BRITO N CHABGES 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 discussion 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 English 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 the average school. Too Little Food and R®st. "The public school boy has not only too much, exercise and too little rest." said Mrs Bailey yesterday, "but he does not reqeive sufficient food for the physical'and mental work required of him. "The plentiful table of his earlier years, which he 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 and lacking in nutrition, and too often composed of made-up dishes, with a minimum"of greefi vegetables and an essence ’of fresh fruit, which are so essential, fqr the purity of his blood. "The substantial meal about 7 o'clock that hi't- sisters almost invariably enjoy at their schools Is nearly always lack ing in his case. 12 Cents a Meal With Profit. "Wha,t can. you. expect,, however." Mrs. Bailey continued, “when at some of, our public. schools the bursar re ceives a percentage for keeping down the bill’s 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 flower or fruit to perfection by stinting it of moisture, nourishment and, sunshine. “The feeding of boys at public schools today is. I consider, nothing short of a scandal.” , . PANIC AS LINERS GRASR NEAR LAND NEW YORK. May 29 —The Porto. Fflcim linei- Berwind, outward bound, today rammed the French line stram slifp Hudaon' coming in from Bordeaux, about a. mile off Sixty-ninth street, Brooklyn, tearing a big hole in the port bow of the Hudson. Eighty-one persons, many of them women. w.ho 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 members 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 kijow what damage had been done to the Hudson and was taking no chances on having her sink’ A strange .feature of the collision, which will be investigated, is that it occurred in clear weather and that Captain David saw the Bern ind when she was some distance away. He be lieves that Captain Christopher of the Berwind misunderstood his signal or 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 of 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. N 6 waf^r'was talien in by'the Hud son, but 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 primer, is busily en gaged rnday repenting qf a wild and woolly stunt which he pulled off at crowded Five Points, frightening a ihTOp'g of wdrn«hi and men. and which landed him in « peck of trouble. Whe’h Cardwell's escapade was summed up before Recorder Broyles, he stood ac cused of shnoUng at another man flour ishing h1« pistol in the crowd, and at tempting tn shoot Policeman Luther Green He was fined $50.75 or 30 days for discharging hi’? nist nl and was h'-'unrl over tn the state courts in bnnd of sso° on the charges of shooting at another and carrying a concealed weapon. Cardwell explained that he was drunk. He shut at William Bailes. another primer. mt ATLANTA GEOKtrLALS AiXII..VEWS; WEDNESDAY. MAY 29, 1912.. I . .. ■ NEWS AND GOSSIP Os the Fleecy Staple (From Hayward & Clark. NEW YORK, May 2!).—Carpenter. Bag got <£ Co. :The market opened very quiet and without special feature. Dallas. Texas, wires: “Texas, western portion- clear; . balance generally partly cloudy and warm. Oklahoma clear and cool.’\ - Following are 11 -.a. n». bids: July. 11. H ; October. H. 26; December 11.36; January. 11.33. . Special reports to The Journal of Com merce on crop conditions: Mississippi—Wet weather has necessi tated some replanting and the season Is very backward; estimates versing from 2 to 5 weeks late. Considerable cotton is not vet up and planting .is pot eniirtly 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 arp now wanting rain. Cotton is generally small, and stands, w.hefe ob tained, are below the average. On; ac count of the. overflow in the Pelt a lands acreage will be.curtailed and planting will be very late. Louisiana- Overflowed lands ate 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 Tow. Plants are small and stands popr. Some replanting has been necessary, and the soil has been poorly prepared. According to locality, the season ranges from 3 to 5 weeks late. With favorable seasons a fair crop will be made Estimated receipts Thursday: 1912. 191,1. New Orleans 2.500 to 3.000 414 Galveston* . ■ .1.000 to LUOO 33 < NEW ORLEANS. May 29. Hayward &• Clark: The weather map shows very fav orable conditions. Fair in Oklahoma and Arkansas; cloudy efsewhere; 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 thfc central and eastern states and south Texas; clearing in north Texas. New Orleans Tlmes-Democra t: \\ hue rains are needed is some portions of the belt, yesterday's small reaction upward was probahlv due more to the narrow ness of the market and to the current practice of buying on declines than to anv recognized change in the general crop situation Business would be en couraged by a further decline, that is, new crop business would, since exporter?, almost without exceptionfl admit the pos session of information that leads them to believe the consumers of the world now require very little additional encourage ment to make buyers of them. It la not to be expected that spinners, in the near future, will .provide all of their new sea son requirements, but that they win be gin to buy seems very reasonable, in view of thetr knowledge that not a bale of Hie 16.000.000-bale crop has gone' begging. At the moment the spot markets are very quiet There Is no pressing demand and there is some cotton for sale. But sellers are not at all inclined to make conces sions. and assert that they could do busi ness with verv little effort. Meanwhile the-halting habit of the : price .tendency keeps bull and bear alike on the anxious seat. Most everybody, expects a further decline—the bull in the near future and the bear : later on. ■ THE WEATHER CONDITIONS. WASHINGTON. May 29. —There will be showers tonight in New England and the middle Atlantic states, followed by fair , weather Thursday. In the south Atlantic states there will be lo.cal showers tonight or Thursday, while in the lake region, the Ohio vallev and the east gulf states fair weather will prevail. It will be cooler from the Ohio valley and lower lake region eastward. Small craft warnings are displayed on the Atlantic coast from Norfolk to East port. Virginia Showers tonight or ihursday in the southern portion and showers to night followed by generally fair Thurs day in the northern portion; cooler to nigjit in the northern and western por tions. . North and South Carolina and Georgia Local showers tonight or Thursday. Florida —Local , showers - toinight or Tlmrsda'y. " , . , Florida;-Local. - showers. . tonight or Thursday, except fajr- in the extreme, soilflferh portion. ’ ‘ Alabama and Mississippi- Generally fair tonight and Thursday. Louisiana- Fair and cooler tonight and . Thursday _ . - -Arkansas, <iklalionra-,and. Texas —Fair . tonight and Thursday. : . ..... . DAILY WEATHER REPORT. Mav 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 Jatwpary 1, 8.08 inches. REPORTS FROM VARIO U S ST ATI ON S. Stations - - ; Weath. Temperature R'fali I 7 1 Max. i 24 I a. m. iy'day.'hours, Augusta ■ t Atlants Cloudy I- 7»- 8* . T. Atlantic. City . Cloudy ' M <>B I Anniston . ..ICloudy 76 Boston .... .-..C10udy... 5J .6 .... Buffalo Qloudy 58 .6 .8h Charleston . Pl.cldy. 80 82 Chicago Clear ' 48 .n .... Denver Clear , 48 ■ ifi I .... Des Moines. ..Pt. cldy. 58 , 68 .... Duluth Cloudy 40 48 i . ... Eastport...... Cloudy 06 66 . Galveston ...Cloudy ,8 84 ... Helena Cloudy 48 66. .... Houston il’t. cldy. <8 . . Huron .../Cloudy 50 60 .0- .lacksonviile JClear , 78 90 ■ .... Kansas ('ity< loiidj 60 78 . . ... Knoxville Louisville .. . ' Ih'ifly I 78 , ' 46 Macon . ■ Cloudy j_t> , ■ Memphis Clear .0 84 L Meridian .. .. < 'l°>!<' V 1.2 Mobile ■ < loinly ’ • Montgomery, TlaintuF . Moorhead ■ ./ f i<>’i'Jy hf. .04 New Orleans. Cloud? » >8 .90 . New York ... "lon.ly ' 64 So T North Platie /Clear . 48 • ,3 ..... Oklahoma Palesline ... Cloudy 72 90 _6I Pittsburg’/.... < loudy 6 86 I Portland ..Cloudy 32 6- < .2* San Francisco Clear 5- ■’ Si. Louis ....('loudy 6- .- '■■■■ St. Paul .(lear 48 ’8 .... Salt Lake Cty.Pf. c dy. ■••• Savannah . . .. d■ " 'P ’ . ..... Washington ..I’l. cldy. M ; LIVE STOCK MARKET., I'HI'AGo. May ’H"gs Kece.lpis to 000 Market slow fio.’.c lower; mixed and butchers 87.05<57 65. good hear’ $7 40 W7 55. rough heavy «7 Osfu 7.3», light $7 <7,7 45 liigs 85itr6 <">. bulk 47,35*1? <..■(•. <'a tile 'Receipts 18,000- Market m r 1,, low er beeves 85.500 8 I's. ,<;ow-s aqfl heifers P'4B. Stockers and feeders >5 Texan- 86.1008.15. calves $7 600 R 75 • Shnpp inc lower; natl' e and Western $1.900 6 10. lambs $60.9.15. . BUTTER. POULTRY AND EGGS. NEW YORK. May 2!'. - Dressed poultry quiet turkevs 1::?/22. chickens 17&28. fowls’ 11 I ’®ducks 13022. geese II Co in Live poultry irregular: fowls 15>-,0 16 turkevs 12 asked, roosters 10t£ asked, (lucks 12’asked, geese 9 asked. Butter easier: creamery specials ”6',>o ■;7 creamery extras stain uairy 1 1 tubs! "2'«'46i.». process specials 26 bld |. ; steady; nearby while fancy 23 l’ . nearby brown fancy 20'2021. extra first s 210 21 '/z. first s I , '"a 0 1 1' '* NAVAL STORES. SAVANNAH. Ma' co. Turpentine firm | at 15. sales !'■«; receipts I'.Ci'i Rogm firm, rcelplr 3.015. water wHi'e JI 4(107.V. window glass J7 4fl-d7.t5, y| t; 300 7 25. M H 200 ■ k $7 I I 1, 4.(10 740 H *7'.">o 7 3-;' «; I, ■;>'(> 7 " r t- : .«0 I /’. ' . «0. i> 46 600 I 6 65, ('ll A"J6.1’>06.35. I COTTON SELLERS WERE FEW TODAY Bull Control Prevented Mate rial Decline on the Favora ble Weather. NEW YORK. May 29. Tne cotton mar ket opened steady, unchanged 1 to 3 points higher today. There was good buying from both New Orleans and Liv erpool sources. Spot sales abroad were improved. Better cables were offset to some degree by good weather over the Southern belt. After the call the under tone was quiet There was an advance of fmm 1 to 2 points. Futures and spot were firm in Liver pool. ’ln 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 ootfnn'exchange wHI be Hosed tomorrow. New Orleans and Liv erpool will be open. Liverpool will be dosed Friday and Saturday. At the dose the market was steady at dedines of 2 to 4 points from Tuesday's •‘losing Semi-weekly interior niovem^nt: I T9~12. I 1911.. ■[ Pin. Receipts ....... . I 11,3371 4.2815 9.09 0 Shipments I 19.113 i 13.396! 1.6.531 Stocks 169.711 136,0621176,270 RAG E 1 NEW YDRK >UTU AES TiTT - [ f ■ . j-O. U | ’ai O. . £kQ. . May 11.06’11.12|11.01111.05jl 1.02-0411 J.. 05-06 •lune Ji. 94-96 10.96-98 July 11.08*11.13111.02'11.04 ■ 11.01-05; 11.06-07 Aug 11. i 4:11.14'11.09 11.09 11.09-10111.1.1-12 Sept. 11.19 11.19111.19111.19'11 12-13'11 16-17 Oct 11.24 11.29 11.17 1 1.20 ILI9-20 II 23 Dec. 11.28 11.38 11.27 1 1.29 11.29-30 11.32-33 •lan. 11.33 11 ..'U 11.22 11.25'11 25-26'11 28-29 Feb 1 1.29-39'11,32-31 Meh.- 1-1.39,11.4 3111.34 1 1.36 1 1.35-36 11,3g-4O Closed steady. Liverpool was due-1 '4,0- points higher. Opened steady at 3 points advance At 12:15 p. m. was dull but'steady kt a net advance of 354 to s,points. Fair.business' doing in spot cotton at 5 points advance: middling, 6.37; sales. 8.000, inNnding 7.800 American; speculation and export. 500; imports. 33.000. including 28.000 American. At the close the market was steady 2's 0 "g above Tuesday's final quotations RANGE IN LIVERPOOL FUTURES. Futures opened firm. Opening. Prev 1 Range. 2P M. Close. Close May ... 6.17 617 6.151* 613 May -June 6.16 -6.16'6.16'* 6.158* 6,1.1 Jjune-.luly 6.16'4,-6.16 6.1611, 6.15% 6.13 July-Aug. 6.19 -6.193*, 6.121% 6.18 6.15% Aug-Sept -6.19 -6.20 6.18% 6.16 Sept.-Oct 6.14'2-6.16% 6.15%, 6.11% Oct.-Nov. 6.12 -6.14% 6.14 6.13% 6.09% Nov.-D.ec. 6.11'4-6.13 6 12'>,6.08% iTec.-.lAn.' 6.12 608 Jan.-Feb 6.11 -612% 6 12% 6.1.2 6.08 Keli-Mrh . 6.11%-6.13% ....,*,,6.13 «JML% . 12%-6.14%. 6.T4 .6.09% Closed steady. • • .... HAYWARD & CLARK’S DAILY COTTON LETTER NEM’ ORLEANS, May 29. Although weather 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 on our side and selling in Liverpool. Bullish control is hardly disputed at th<* moment, as -bears realize that’ we are still too far off from a positive assurance of a full crop, and the market therefore advances easily whenever buying develops for any cause. The report of The Journal of Com merce on .Mississippi is unfavorable. The sudden ehatfge' from excessive rains to dry weather is corn plained of and the need of rain is pointer) out. The report on Louisiana is somewhat better. Good rains fell in Mississippi and Louisiana over night. • New York- yvires said that the strength ot Die market was partly due to short covering tomorrow being holiday there— According to Aja. -Ellison's latest re ports. comparisons of mill slock are as ioUows:. Great Britain 742.006, -against .677.0Q0:.1a5t year... 340,000 Ju. 1910. and ,373.- JOOp. Ju' MO9-. contliient 2.053,000.. against .LSlfi.flQO lasi year. 1,990.000 ip tl‘l.o. and ,1,552,000 in.’l ?*'.■- Total. 2.795.000. against 2.217,000 last! year. .1,830.000 in 1910 and 2.125.0.00 iti IfiOO.. . • - Detailed records show copious rains .in Mississinpi. east I,‘ennessee and over a large part of. Louisiana. Georgia, the Car olinas aird Alabama and eleven stations in Texas average .90 RANGE IN NEW ORLEANS FUTURES, jI i i Ijjl 1 |-si C | ~ U.’ 'J«I I L) | 0-U May - J1.r,7 11.67 1L64 11.65 11.64-65 1 LOtLfii. .lune 11.62-63 11.60-52 • lulv .11 63,1.1.68 LL6Q-L1.61 11.60-61 11,61-62 Aug . i.. . ....<ll.lß-50 11.18-50 Oct.\ i 11.35 11.11 ) 1.30.11.32'11.31-32.1 1,32-34 Nov ' .. ..’./... I 1.32-34.11.34-36 Dp.. 41,39-14.432-1.32-11 331.1-.:t3-34 11. Xi-36 ■la>V "11 44*11’46 1L36 11 '36’11.36-37'11.38-39 rMi ' ' ;.11.38-40 f 1.40-42 Mctf. ... .-,,!. . 11.42-11 11' 11-46 Closed steady. COTTON MARKET OPINIONS. Hayden. Stone & Co.: Continuance of present favorable weather conditions would probably make for lower prices. , Logan A Bryan: Spinners are best buy ers. Bailee A Montgomery: There Is enough uncertainly about the crop to warrant conservative buying on breaks Thomps.on.. Towle A, ■ l.’reseni .levels do hot tempt selling operations unless the boftqm drops out of the spot-situation. SPOT COTTON MARKET. Atlanta, steady; middling 11%. New York, quiet: middling 11.59. New Orleans, dull, middling II 9-1.6. Liverpool, easier: middling 6.37 d. Savannan. quiet, middling 11%. Augusta, quiet; middling 12e. Mobile, Steady; middling 11%. Galveston, quiet: middling 119-f<;. Norfolk, steady; middling 11 %. Wilmington, nominal. . Bittie Rotk, quiet;' middling 11% Charleston, hominal; middling 11% Louisville, firm: mldd'ing 11'4. . Philadelphia, steady ; middling 11.75. • Boston, quiet; middling 11.50 Baltimore, nominal, ll’idilling.,ll Memphis, steady; middling I2< St. Louis, quiet, middling 1 1 tj. Houston, steady/middling 11%. PORI RECEIPTS. 1 The fallowing table shows're,.-p.lpts at the ports today compared with the same day la.t year: i mt.: i Bfi New < 'rlca ll'-.... ■' ‘ 'laiveston .1.18, i Mobile ■ ’sl 51 i Savannah "’I ,(>t> Charleston '1 ** Wilmington IS 4 Norfolk I*9 Baltimore 115 New York __ 228 Boston. • . • • • ■’! Batcifte coast . ■ / '. 44a ■ Totai - 7 ... '• 5,132 5,798 INTERIOR MOVEMENT. Z 1 1912: i IM it~7 H mist on 266 | 356 1 Augusfa 120 ?9 i Memphis * 696 585 ’ St. I.mils . ' . . . ' 1.181 1.445 | i'incinnatl. . ... t.Xll ■ 214 Little Rock. . . - ■ ' ■ ■ 24 ! Total - . : : : : : • 27593 • ■ METAL MARKET. I NEW Tt'RK. May 29 At the metal rschaege tedo" 'i-ad'ng wa- unlet tjtmUtmti copper -i”" m Auguz' I !>■ /b'o 1« 6' ’. i<"<<i til'; tl 25. ,'pelter, 16 300.700. tin, P> 754’46.25. TONE IN STOCKS IMS HEAVY LATE ~Z~ — L Declines Were General in En-i tire List. Canadian Pacific Being the Exception. By CHARLES W. STORM. NEW YORK. May 29.—Canadian I’a- I cific led in a gencTai upturn at the open- | ing of the stock market today. It was 3 3 4 over last, night's closing This was] chiefly due to Berlin and Tx>ndon buying. ! ’l’he effect of a Roosevelt victory in New I Jersey had been discounted. It had no | appreciable effect upon the market. Buy ing from Europe was -the chief factor. - Prospects of a government investiga tion nf the proposed increased of anthracite coal had no appreciable effect. Reading gained S Erie common opened unchanged, but advanced The coppers were flrm. American Smelting was up % and Amalgamated Copper rose I’nited States Steel was another flrm issue, gainins: An- other gains were; Steel preferred Erie preferred Atchison Union Fa clfl<* •>. Missouri Pacific % and Southern Railway The curb was steady. Americans in London were steady, and made gains over New York parity Trailing late in the forenoon was heavy. Rock Island collaterals declined 1%. caus ing some urgent selling in Rock Island preferred, which dropped 2 points, and a loss of.|p R was recorded In the common «to£k. Fractional -recessions were sus tained in Lehigh Valley and Reading The luterhorough MelrnpoUxan JswjeH were weak. J There was a cessation of pressure late ! 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 in the belief that a rally was in ' order. This buying was the only fea ' lure. 'Fhe market closed irregular. ‘ Governments unchanged, other bonds irregular. Stock quotations. J t iLast)Chs Prev STOCKS— |Hlgh|lx)w.|Saie.l Bid. Cfaa , Amal. Copper.' Bs’- 4 i gfuj R2^b ; ft $2% Ain. Ice Bee.. 28m 27’*r27 A s ’■< , Am Sug.‘.Ref...l29t 2 129% IJO 128Jk Am. Smelting 8B 84% 85%r 85 R5 3 » Am. Locomo. . 42%.41%i 41 \ 41% Am. <*ar Fdy.. 59 58%: 58%: 58% 59 Am. Cot. Oil e. 54 54 54 ! 54 53% Am. Woolen . ' 28}t Anaconda ... 42% 42% 42 1 4 42% 42% Atchison 108% 1.06•% 105 105% -08% A. C. L | ... ;139 139% Am. Can 39% 37% 38% 38% 38% do, pref. .. 117 1.16 1[7%,116% <116% Ain. Beet Sug 72%‘ 71 72 r 71% 72 Am. T. and T. 145%145% 145% 145%145V2 Am. Agricul. 61 61 ;61 61 61% Beth. Steel.- . 37% 37 ' 37% 37% 37% B R. T 89%' 88%l 88% 88% 89% B. and O. 108% 108% 108% 108 108% Can. Pacific .. 267% '265% 267 267%1263% .Corn Products I 15%''15%! 15% R>%l 15% C. and <> ; 79\i 78%! 79 78-q ■(•'nnsok. Gat* . 3il4£ '1 : 11.41. v 141 'z- J 41'8 'IL'4 ('err. Leather -.1 35Vt 25- 125 !27 2SVz ’('ola. F. and I 38 •28 > 28 ■•3(-}i’ -J Colo. South... Den. and R G 19'A.1 19'4, 19,4 19Vx 19 Distil. Seoul'. . 32% 31 ’a 51 “i 2 2 !« Erie I 35% 34% 35 34’. 35% do. pref. . ■ 5314, 52 52'a 52'4, 5«<4 Gen. Electric . 171 Il69>.„'l7O’*'l7ON 171 Goldfield Cons ' 4'< 4'. 4'41 J’x; < » G. North., pfd 13314’132 <132*4 132$ 132'. G. NoHh. Ore. 43'4 41" s 421*; 40J* O tnt. Harvester 12114 12114 ’ ’/*, 119'4 K 514 Interborn 21841 20 ’ 2014; do. pref 60'4 08'4 *59 oß'.*i 60 lowa Central ' ■ . < ; IJ. J 1? ■ K C. Sotrth.. '-84- I-2284'j-225: ' K and T i 27 2614 26\ 28',* 26% do, nref ' .... 59 o/ L. Valley. . . 177%|173%;174% 174% 176% I and N . • 157 157 15, 107 157% Mo. f'acific . . 38% 35% 36% 36'*' 37% N. V. Central 118-% 117% 1T8%18% 118% Northwest.. Nat Lea«i . 59. L56%i 54% N and W 112%' 111 % ! 112% 1-12 112% No. Paoifir’ : 121% r Tl?ri2pU72o ~ ro'.. (i. and W.. . tT3r%! 3(%l 37% JFc, Penn Pacifir Mall. . 33% 33% 33% 33% 33% P Gas Co. . . 114% 113%'114 113% 114% P steel Car. 25 34% 3t% .34% 35 (loading . . .<173’4 170% 17n%’170% 173 Rook Island. 26% 24%| 26% do pfd.. . . 54%! 51 51%! 51%. 54% R I. and swell 23 ' 32%' ?»%*« 23 do. pfd. . / ~..,. L•• r.. •• • ■,'7B . , 5 -Sheffield ' .... I ... 49 49 So Paeifle. . 111% 110% 111% 111% 111% So Railway'. . -28%’ 28 I 28% 28%! 28% do. pfd . ./ 75 74% 74%; 74 74 % St. Paul. . . .106 105 105%|105% 100% Tejin Copper 45% 44% 44% ’"F I Texas Padfle / .../.... I .... -3 ; .3 * Third Avenue I Union Pacific 171170’« 171’ 4 I<l L 1 «0 7 s I . S. Rubber . 65 63 64 ' 6364 Utah Copper . I S. Steel. 70% 69 69% 69%’ «9% do. pfd.. - . 110%:110’4! 110% 110% 110% , V.-C. Client. .! 52 51 %! 51%*51% ! 51% West. Union. 82% 82%i 82% ! 83 ! Wabash. . . / ;Zr- . «A; 4 do. pfd.. «:l -JB-% 18% :18 v <’ 141% 18% ' VvZt Elm .' •../■ . .’•j’.o,/ -J2%'.73 AX’is. Cc.mrki ? "■ i W. M a r<la nd. * .. ■ ■ •' •-. ■■ 58 % M LOCAL STOCKS AND BONDS. - Bld. Aakefl Atlanta A West Point R R 14» 145 American National Bank .6 jib Atlantic Coal &■ Ice common. 101 JO2 Atlantic Coal 4 Ice pref ... SI 8 « Atlanta Brewing & Ice C 0... ITS Atlanta National Bank .... 321 Central Bank * Trust Corp ]SO exposition Cotton Mills 16« j ss Fourth National Bank 245 250 Fulton National Bank 125 130 Gn Ry & Rlec - stamped . 124 126 Rv & Pow -C0... common 28.. 31 do..’lst nfd... ....... ... 80 • 85 do 2d fi'd ■ . 44 Hillver Vrifst Cohibany : 125 owrv National Bank ...; 248 250 ricaltv Trust Company 108 no Sixth Ward Bank 99% pit Southern Ice common 71 72% n’mird National Bank, new 205 210 Trust Co. of Georgia 225 235 Travelers Bank - Atlanta Gas Light Ist ss. .. 101% 105 Georgia State 4%5. 1915 .... 101 HH Georgia Midland Ist 3s «« 41 Ga Ry A- Elec. Co. Rs 101 Ga Ry. * Elec.'ref. 5s »9 99% Atlanta Consolidated 5s 102% ... A anta City 3%5. 1931 91 92% Atlanta city 4%5. 1921. . ..102 103 Southern Bell 5s *» -» •»% NEW YORK PRODUCE MARKET. NEW Y''RK. May 29 Wheat steady . Jii'h H 16%.0 1.16’,. spot No. 2 red 11.24% Ip elevator. $1.24% f « h. Corn steady Vo 2 in elevator nominal, export No " .x.o, f <•)■ h.. steamer nominal. No. 4 nomi nal rials dull: natural while 61%'fi'63%. white ollpperl 63065% Rye quiet; No. 2 nominal f » b s”’ York Barley steady, malting ?l 160 1/’$ ■ i f, Buffalo. Hay ! Irregular, stood In prime $1.25®1.65. poor Io fair .v ?'>o 1 V' Flour quiet . spring patents S.’>.6o'<( 6.10. straights $505.50. clears $4 8505.1". winter patents $5,900 6 10. straights $5.350 5.60. clears $1,750, 5 00. Beof firm. famtl' SIBO 18.50, Pork firm moss $20.250 20. <5. family $20.25® 21 25 I "rd steady; city steam 100 10%. middle West spot 10.800 19,85. Tallow steady; city’ fin hogslieadS) 6% bid, Eount’ry Hn tlereesi 5%®6%. NEW YORK COFFEE MARKET. Coffee iiuotat Ions: _ Opening Ij Closing I a mta ry . . . . • < 13.60® 13.60 1.3.570 13.58 Fehruarvi . • • ■ 13..,5 13.52® 13.53 i yiarclt ■ • • • 13.60® 1A62 13.58013.60 y,„il ■ ... . 13.6110 13.70 13.580 13 60 yiav ’ ’ ...... 13 350 13.45 l u ,,e ' 13.85013.50 13.300,13.32 Ini, . . . . 13.350 1’1.50 1.3.340 13.36 August’ 13.500 13.60 13.44013 45 Kmtember . . . . 13 60 13.54013 .5 October . . 13 58013 61 13 550 13 56 Nnvembet . 13 580 13.7" 13.560 13 57 December 13 "I 1 3 5 < 0 11 ( p ..efi ftead’. Hales, ‘36 ow bags ATLANTA MARKETS EGGS—Fresh country eantlled. 17@I8c BUTTER—Jersey and creamery. In 118. blocks, 20%025c; fresh country <lull, 10 0 '2%e per pound. DRES&KD bead ans feet on, per pound. Hens, 16®17c: fries, 25027 c Roosters, 3010 c Turkeys, "a* ing to fatness. 18020 c. LIVE .POULTRY—Hens. 4»®45c: roost ers, 250 35c; fries, 30000 c; broilers. 250 30c; puddle ducks. 35 0 40c: Pekin ducks, 40045 c; geese, 50® 60<i each; .turkeys, ow htg 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, 303% per pound Grape fruit. $5,000 6.00 per crate. Cabbage, 1 %©2c per pound. Florida cabbage. S2O 2.50 per crate. Pea nuts, per pound, fanev Virginia. 6%®7c. choice, 5%@6c. Beans, round green $1.7502.00 per mate. Florida celery, $2.0002.50 per crate. Squash, yellow, per six-basket crates, $1.5002.00 Lettuce, fiflicy. sl-250 1 50: choice: ST.2S@LSO pet craie Bee's. $3.00 0 3.50 per barrel. Cu cumbers. 7505100 per crate English peas, per drum, SI,OO 0 1.2'5. New Irish po taloes. tier barrel. -$4 5005.00 tier ’barrel. Strawberries, sfd6c pcs quart. Egg plants. $2.5003 OO -per orate. 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. $2.0002.a0 per bushel. Sweet potatoes. P yarn. $1 50 @1,75 per-bushel Cranb’‘ rr,es - *ll-®°® 12.00 per barrel; 50c per gallon. PROVISION MARKET. (.Corrected by White Provision Ce.» Cornfield turns, 10 to 12 lbs averaga. Ifi’W. Cornfield hams. 12 to 14 lbs. average 16%c. Cornfield skinned hams. 16 to II IbSj 1 7%c. Cornfield picnic hams. 6 tt> 8 lbs. avar -12%c. Cornfield breakfast bacon. 23c. (grocer style bacon Iwlde or narrow). Cornfield ffeeh pork saussgs (link at bulk), 25-lb buckets. 12c. Cornfield frankfurters. 10-lb. buckets, age.-IOC. Cornfield bologna sausage. 2b-lb. boxes, Be Cornfield luncheon hams. 25-lb. boxes. 11c. Cornfield spiced jellied meats In 16-lb dinner palls. 10c. ■Cornfield smoked link sausage. 25-lb. boxes, 9c Cornfield smoked link sausage In pickle. 50-lb. cans, $4.25 Cornfield frankfurters In pickle. 16-lb. kits. $1 bO Cornfield pickled nigs feet, 15-lb. kits SI.OO. Cornfield pure lard (tierce basis'., 12%c. Ceuntrx stile cure lard. 50-ib. tir.a only. 12 c. Compound-lard (tierce basis), 10c. D 'S. extra rib's. H%c.• D. S. rib belfies, medium average, 12 %c. D. 8. rib beHies. light average, 12%c. FLOUR AND GRAIN. FLOUR Postell’s Elegant. $7.50; Gloria (self-rising), $6.50; Victory (finest pat ent 1. s6.so;.Faultless, finest. $6.25. ilwans down (highest patent), $6 35. Home Queen (highest patent), $6.00; Puritan ■ highest hatent), $6.00; Sun Rise (half patent). $5.50.: Tulip flour. $4.50: White Cloud (highest patent), $5.75: Diadem (highest patent). $5.50: Farm Bell, $5.40; Paragon (highest patent), $6.00. White LHy (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. sack*. $1 01; ■ 96'-lb. sacks; $1.02; sacks, $1.02; 48-lb. sacks, $1 04:. 24-lb. •I* 1 06 OATS-Fancy white clipped, 74c; fancy white. 71c; mixed, 72c. COTTON SEED MEAl^—Harper. $29. COTTON SEED HULLS—Square sack* $9.50 per ton SEEDS (Sacked)—German millet, $1.65; cane seed, amber, $1.65; cane seed, orange, $1.40; Wheat (Tennessee), blue •tern, $1.40; rye (Georgia) $1 35; Appier oats, 85c: red rust proof oats, 72c; Burt oats, 75c; Texas rust proof oats, 70c: win ter glazing. 70c; Oklahoma rust proof, 50c; blue seed oats. 50c. HAY-Per hundredweight: Timothy, choice alrge bales, $1.90: Timothy, choice third bales. $1 60; Timothy No. 1. small hales. $1.85; alfalfa hay, choice. $1.65; Timothy No. 2. $1.50; Timolhy. plover mixed. $145; clover hay. $1 50: alfalfa hav, choice. $1.50; alfalfa No. 1, $1 70; alfalfa No 2. $1.25; peavine hay, $1.20; shucks, 70c; wheat j?trqw v soc; Bermuda hay, SI.OO. GROCERIES. SUGAR—Per pound, standard granu lated. 5%c; New York refined, 3%c; plan tation, 6c. . COFFEE- Robe ted (Arbuckle st, $24 25; AAAA, sl4 50 1n bulk; 4n bags and bar rels, $2.10: green. 19e, 1? - RICE- Head, 3%®5%c: fancy bead, $% ©6%c, according to grade. LARD—Silver leaf, 12%c per pound Soco, 9%c per pound; Flake -White, 9%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 crackers, /%c; per pound: lemon crackers, fc oyster. 7c; tomatoes <2 pounds). $2 case: 1 pounds, $2 75; navy brans. $3 10. Lima bean?, 7%c; Shredded blscuiL $3.60; rolled oate, $4 per case, grits (bags). $2.20: pink salmon. $5 10 per case; pepper, 25c per pound; R. E Lee salmon. $< 50: -cocoa; 38c; roast beef. $3 80; syrun, 30c per gallon. Sterling ball potash. $3 30 per case: soap. $15004 per case. Rumford baking powder, $2 5» per ca’se. ...... * i.ALT Orfe hundred pounds, 49e: sal' brick (plain), per case. *2.25; salt brick medle&'fi’di. per rase. 34 85’: salt, red rock, per cwt.. $1.00; salt white rock. 90c>50- imiind sacks, s29c: .26,-lb. sacks, 18c. FISH. FISH Bream and perch, 6c per pound; enapper. Sc per jround; trbut. 10c per pound: bluefish. 7c per pound.; pompano. 20c per pound; mackerel. 15c per pound; mixed fish, 6c per pound; black bass, 10c per pound; muUet. $ll.OO per barrel. HARDWARE. PLOWSTOCKS—HaIman, 95c; Fergu aon. $1 05. , AXLES—S4.7S@7 per dozen, base. SHOT —$2 25 per sack. SHOES—Horse. $4 5004.75 per Mgr ' ' LEAD—Bar. 7%c per pound. NAILS Wire. $2 65. base ■ IRON—-Ber pouDd. -3o baJV'Swedb A%• r . Going Abroad? Yql will.save time, avoid delays, have vour money always safe, and. practif-ally. rn.joy tlw many *■’’ benefits of having a hank account-in- • pverv country in which you may travel, if you carry with you a Letter of Credit or Travelers' Clie<|uc. It will oiiahlc you 1o know exactly the relative worth of vour money in foreign countries, and enable vou to keep an accurate, account of your expenditures. And yet the cost is very small. A mere nothing compared with the imm mcrabie benefits they afford. We will be glad to have you come in ami talk the matter over with us. Atlanta National Bank The Oldest National Bank in the Cotton States CEREAL PRICES CLOSE II LOSS Wheat 1 -4 to s?Bc Off, Except on December—Corn and Oats Off Fractions. , ST. LOUIS CASH QUOTATIONS. Wheat -No. 2 red L2O 0 120% Corn 82 ■*: <>a)s 53% CHICAGO,-May 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 4 Co . crop experts, were as unfavorable as several previous days. ■ -- Maj corn was sharply higher undon covering by shorts, and - the' -more de ferred months were only the; smallest fraction better. Oats w ere unchanged to a .shade lower. Provisions were a trifle lower with . hogs. While nearly all the news today w-as bullish the market failed to respond and final prices were %c lower on sfay. % t% %c on July and % 10 ',c on September. There was fair buying early on bullish reports from crop exports, but the same liarties sold later because of failure of the market to respond. Corn closed with prices off ;% to %e. The market was strong early; on cover ing by shorts, hut reacted nnffieavy sell ing ■ ■ Oats closed % to %c lower. The weak ness in May was a feature all da?- Provisions were lower, but recovered slightly from bottom prices Chicago Grain market. Pr«». r®pen. High. Low. Close. Closo. WHEAT)— May>lH4 1.1.4 1.12% 1.1.3 1.13% lul.v|l>l'z 4 11% 1.10% 1.1')% 1.11% Sept l ) 1.06% 1.06 1 06% 1 06% Dec.l 06’* 1.06% 1.06 1.06% 1.06% Mav^fo- 1 , 81% sn%;- xir%: 80% July -76% 78% :75 ■ 75% -75% Sept "73% 73% -72-% ■•■72%. -73 Dec. 63% 63% 63 63- .63% OATS - . ’ . - . May <>4% 54% 53 53 53% July 50% 50% 49% 50 50% Sept. 32". 42% 42 42 42% Pee 431, 43’* 43 43 43% • PORK - My 18.40 18.40 10.40 18 *0 18.45 Jly 18.47% 18.50 18.37% 18.50 fit'.ss Spt 18.50 18.50 18.40 18.50 18.55 LARD— My 10.52% 10.52% 10.42% 10.52% 10.55 Jlv 10.57% 10.62% 10.57% 10 62% 10.60 Spt 10.80 10.82% 10.75 10.80 10.80 RIBS— My 10.10 10.10 10 10 10.10 10.25 llv 10.22% 10.25 10.20 10.22% 10.27% Spt 10.37% 10.40 10.35 10.37% 10.42% CHICAGO CASH QUOTATIONS. CHICAGO. May 29 -Wheat—No. 2 re<i $1.1301.14. No 3 red sl.llOl 12%. No 1 hard winter $1 1301.14. No 8-hard winter sl.llOl 12%. No. 1 Northern spring sl.lß 01.21, No. 2 Northern .spring sl.-16@1.19 No. 3 spring $1.1001.18. Corn No. 2 79080%. No. 2 white 80% 081, No. 3 yellow 79@81, No. 3 76077%, No 3 white 79%@'80%, No. 3 77%@78 No 4 740 75%, No. 4 white 770,78, No. 4 yellow 740 76 Oats—No 2 white 64%@55%, No I white 530,54%. No. 4 white 52%«54% standard 5348055.. PRIMARY MOVEMENT. -WHEAT— ' I 1918 T 1811 Receipts 334,000 I 841,009 Shipments I 321.000 I 266.000 CORN— I ' ! ' ~ Receipts i 621.000 I 1,488.000, Shipmenjts I 318,000 | 874,000 CHICAGO CAR LOTS. Following are receipts for Wednesday and estimated receipts for Thursday: I Wedn'day. I Thursday Wheat . 70 | 9 Corn 258 234 Oats ' ' T4B 98 Hogs I 30,000 24,000 NEW YORK GROCERIES. NEW YORK. May 29. Coffee barely steady. Not 7 Jllo spot 14%014%. Ricf firm: domestic ordinary to prime 4%@ Molasses steady; New Orleans oper kettle 350 45. Sugar, raw firm; cntrlfii gal 3.986. muscovado 3.485. molasses sugar 3 235, relined quiet.; standard granulatec 25. ■ <ll leaf 6, crushed 5.90, mold A -,:6o: cubes 5.40. powdered 5.30. diamond y 5 20, confectioners A 5.05, No. 1 5.05, No 2 6, No 3 4.95, No. 4 4.90 Cheese steadv. whole milk specials' 14% bld. whole milk fancy 14014%. skims spe cials 110 11%, skims fine 9-%010%, ful skims 707%. COTTON SEED. OIL.. , . Cotton seed off quotations: I Opehlhg.'T'Ctbfrtng* . . ' 6.9507.00 'l„ne •' ... 6.820 6 W .67606.89 lulv 6 920,6.08 6.9206.93 August 7 1007.1117.06.0708 September ... . 7 1107,16 1.1001.12 October 7.1107.12 7.0407.0a November ... 6.600)6.65 6.6106.63 December 6.600 6.65 Q.61'06.62 closed weak: sales. 13,300 barrels. MINING STOCKS. BOSTON. Maj 29.—Opening: Calumet and M'izona 76. Shannon 15%. Shattuck and Arizona 22. Cahimet,-Hecla 490 19