Newspaper Page Text
MEWION IS
LARGELY J IIYTHI
t
When Capitalists Speak of It
They Usually Mean Non
competition.
By B. C. FORBES.
NEW YORK. May 30.—C0-operation in
this country instead of being founded on
the Golden Rule, is too often of the pinch
beck order. It seldom rings true. It is
usually one-sided. Co-operation should
work, nqt one way, but both ways—for
the benefit of the buyer as well as the
seller, for the consumer as well as the
producer. Here the consumer is left out
of account in most cases. The capitalists
who plead for co-operation instead of
competition do not mean the Golden Rule
kind of co-operation; they mean co-op
eration only among themselves—to pro
tect themselves without any regard what
ever to the poor, defenseless user of their
products.
Is this brand of co-operation likely to
last? Does it deserve to last? Weighed
in the scales of justice, the advantages
are nearly all at one end of the beam.
* * *
In other lands co-operation does not
mean the banding together of the prin
cipal producers or sellers of a certain
class of merchandise It means, as a rule,
the organization of societies for the sup
plying of goods to members and for the
division of all the profits to the purchas
ing members. I have in mind one verx
important concern which, from modest
beginnings in the retail field, has grown
into an enormous enterprise, including
wholesale distribution, manufacturing, im
porting. etc. It is a real co-operative so
ciety. AU the nrofits are distributed
among those who have contributed to
them, not to a handful cf directors or cap
italists.
Co-opeiative stores are being founded
in an unostentatious way In New York.
The spirit of thrift, w’bich at last is gain
ing some ground in this country, is cal
culated to stimulate the movement
* • •
Had not our capitalists who preach "co
operation" better Rive some thoußht to
what constitutes genuine effort of that
kind? Is it not time that they realized
that co-operatioA instituted solely for
the benefit of their own class, with scant
regard for 'he consumer, is not worth?
of their better selves? Co-operation
which is only eighteen inches when it
should be a yard long is not anything to
brag about Rather is it a species of
selfishness, selfishness on a grand scale.
When capitalists combine merely to fur
ther their own interests, to so entrench
themselves that, they 'nave the public at
their mercy, then, instead of bestowing
upon such action the term "co-operation,"
a less flattering word should be used
The anthracite producers co-operate
in the capitalistic sense of the word.
Well, we hate just been treated to a fine
specimen of their handiwork. They an
nounce that they must tighten the screws
upon householders because if they at
tempt to so treat the corporations, the]
factories, the big w orkshops, that con- t
sume part of their product, competition
from soft coal would be encountered'.
Think of it! Their unblushing plea, put
in plain terms, is this:
The big people, the corporate con
sumers. would resent an advance in
anthracite prices They would use
bituminous. Therefore, in order that
we may not antagonize them, we have
doubled the advance to the ordinary |
householder because he has no way
of escape, because he is at our mercy.
No more untimely and impolite econom
ic blunder has been committed in many a
day. The twenty-five cent advance does
not end the matter so far es the con
sumer is concerned. That is the addi
tion made by the closely organized mine
owners How much profit the retailer
will demand remains to be seen. A coal
man with whom I talked last evening
explained that as the retailer would have
to employ more capital to handle a given
number of tons, clearly he would have
to add something to the twenty-five cent.
In justice to this authority I should add
that he strongly advocated a restriction
of the producers' Increase in price to ten
cents per ton instead of twenty-five cents.
He characterized the action taken as un
likely to lead to trouble for everybody in
the business.
* • •
Were I given to prophecy. I would fore
cast an early abolition of the twenty
five cent advance. Are the anthracite
mineowuers large enough to reconsider
their action if not. they are not likely
to remain as great a power as they are
now. They will. of a certainty, hat e their
wings clipped. They ate flying too high
BANK CLOSING NOTICE.
Monday. June 3d, Jefferson Davis'
birthday, is a legal holiday. The banks
composing the Atlanta Clearing House
Association will he closed for business
on that day.
DARWIN G. JONES, Secretary.
ROBERT J. LOWRY, President.
Atlanta Audit Co.
Public Auditors
and Systematlzors
ATLANTA and TAMPA
Georgian
Want Ads
Get
Results
TODAYS
MARKETS
COTTON.
All New York exchanges were closed
Thursday on account of Federal Decora
tion day.
The Chicago board of trad? was closed.
The Liverpool and New Orleans cotton
exchanges were open for business
The foreign market reported a moder
ate business in spot at 1 point decline to
j 6.36 for middling: sales. 7.060*. American.
6,800. speculation and export, 300; im-
1 ports. 12.000: American. 7.600
In the futures department prices were
steady at the opening at declines of 1 to
points, against about 3', 2 tn 4 points
at the close. At 12:15 p. m was steady
at 1 1 2 tn 24 above the opening figures.
At the close the market was steady at
unchanged prices to point higher than
the previous close.
RANGE IN LIVERPOOL FUTURES.
Futures opened quiet,
Opening. Prev.
Range 2 P. M. Close. Close
May . . 6.14 -6.16 6.15 U 6.15’-
May-June 6.13 -6.15'A ... . 6.16 6.14’-
June-July 6.13 -6.15 ' 6.lU© 6.15 U 6.15*,
July-Aug. 6.15i 2 6.17 L 618 6.18
Aug.-Sept 6.L64-6.18 6.18 " 6.18'- 6.1 Sl 2
Sept-Oct.
Oct.-Nov. 6.10^-6.13 6.13 6.14 6.13 L
Dec.-Jan 6.094-6. iv 3 6.11 6.12'- 612
Jan.-F?b 6.094-6.11 6.114 6 124 612
Feb -Meh. 6.104 . . 6.13'/- 613
Meh.-Apr. 6.11 -6.13 6.13'- 6.144 6.14*
Closed steady.
NEW ORLEANS.
Quotations In cotton futures:
» I I lll:00| Prev.
iQpen'HighlLow 1A.M.1 Closo
May 11.52 11.52'11.52'11.52111.64-65
June | .11.62-63
July . . .11.59 11.66 11.59 11.66 11,60-61
August 11.48-50
October . .11.34 11.38 11.33 11.35 11.31-32
November -.11.32-34
December . 11.35 11.39 11.35 11.37 11.33 3:
January . . 11.41 11.42 11.41 11.4? 11.36-37
February 11.38-40
Maroh , 1 1.42 4 1
LIVE STOCK MARKET.
CHICAGO, Day 30. Hogs-Receipts 22.-
000 Market weak tn 5c lower; mixed and
butchers $7.05@7.50, good heavj $7 05 7/
7 50. rough heavy ?7 05fa 7 -5. light $6.90
<07.45. pigs $577 6.90. bulk $7,357/7 80
Cattle Receipts 3.000. Market steady;
beeves $5.9077 9.30, cows and heifers $2,857/
8. stockers and feeders $4.2077'6.55, Texans
$6 25778. valves $5 5077 9.
Sheep Receipts 9,000. Market steady,
native and Western $3*.65(59.20, lambs ?5
fa 8.90.
ATLANTA LIVE STOCK MARKET.
(By W. H. White. Jr.. 0/ the White Pro
vision Company.)
Quotations based on actual purchases
during the current week:
Choice to good steers, 1.000 th 1.200. 5 75
776 50; good steers. 800 to 1.000. SSOfaO.OO.
medium to good steers, ?no to 850. 5 60 fa
5.50; good to choice beef cows. 800 tn 900.
4.50 77 500 medium to good beef cows. 700
to 800. 4.25$ 4 75; good to choice heifers.
750 to 850. 4.2577 5.25; medium tn good
heifers, 650 to 750. 4.00@4.75.
The above represent ruling prices of
good quality of beef cattle Inferior
grades and dairv types selling lower
Mixed common steers, if fat. 700 »o 800
4.257/ 475 mixed common cows, if f ar
tn Bnn, 4.00ra4.25. mixed common bunches
to fair. 600 to 800, 2.757/3.50; good butch
er bulls. 3 257/ 4.00.
primp hogs. 100 tn 200 average, 7.257/
7.75 c. good butcher hogs. 110 tn 160. 7 257/
7.50; good butcher pigs. 100 to 140; 7 007/'
7.25: light pigs. Sn tn 100. 6 007/6 25; heave
rough hogs. 200 to 250, 6.757/7 25.
Above quotations apply tn corn-fed
hog-- Mast and peanut fattened ho<3,
14c and under.
| THE WEATHER |
CONDITIONS.
WASHINGTON. May 30. —Generali? fair
weather will prevail tonight and Fridav
o?er the eastern half ot the country,
with lower temperatures tonight in the
Atlantic states and higher temperatures
I Frida? in the < ifiio vallej and the Lake
region.
Light frosts are probable tonight in
northern New York and northern New
England.
GENERAL FORECAST.
Following is the forecast until 7 n. m.
Friday:
Georgia—Fair tonight and Friday.
Virginia- Fair and cooler- tonight; Fri
da?- fair.
North Carolina—Fair tonight and Fri
da.v.
South Carolina- Fair'tonight and Fri
day.
Florida -Generali?- fair tonight and Fri
day.
Alabama and Mississippi Fair tonight
and Friday.
DAILY STATISTICS
—— I
Warranty Deeds.
$2.35'b- E. Lester to t’ity Savings'
Bank, land lot 20. beginning at the north
east corner of Hast Fair and Powell
streets. 50x67 feet January
$l5O -Mary P. Whaley et al. to M.
Kahn, land lot 55. beginning 250 f?pt
southeast of the corner of Fern ar.d Na
nina streets, 50x120 feet August 8. 1911
$l2O S. B. Turman and \V R. Turman.
Jr., to Ed Willink. land lot 57, commenc
ing 200 feet southwesterly from the south
west corner of Jonesboro road and Doro
thy street. 60x135 feet April 23
$250- Mrs. Jella Willink to Mrs H F
Wllltnk, land lot same as above, same
property. May 28.
$2,200 Lola A Clement to W. T. Ash
ford. land Int 55. known as lot 17. in
block 16. of the plat of Anslev Park. 60x
152 feet. July 6. 1911
$5.250 —Dolph Walker to Mrs Corinne
S. Buchanan, land lot 46. commencing in;
feet east of Boulevard, 25x194 feet. Feb
ruary 11, 1909.
$26,606 Asa G. Candler to George W.
Adair, land lot 49. beginning at the cor
ner of Peachtree and East 'Third streets,
100x419 feet. Max 27
$3.500 —Mrs. Isabelle N Howard to
Charlotte Greene Adams, land lot 85. at
the southwest corner of Robbins and
Crumley place. 46x159 feet. May 22.
Warranty Deeds to Secure Loan.
J $1,700 Dode Sams tn Miss Sarah Lee
i A vary Evans, land lot 85. comment ing at
the northeast corner of Glenn and Ira
streets, 54x100 feet. May 27.
SSOO--William E Holmes to Mrs E T.
Payne, land lot 84. 50x210 feet. May 17.
Bonds For Title.
$825 S. R Turman and W. R. Willink
to Ed. Willink. land lot 57. commencing
60 feet southeast from the southwest cor
ner nf Jonesboro road and Dorothy street,
60x200 feet. February 7. 1906
s3.s4o—George A Blend to I. S. Thomas
and James T. Williams, land lot 108, be
ginning 452 feet west of the northwest
copier of West Peachtree street and
Wood avenue. 48x192 feet. May 18.
$3,100 —A*’?.nta Development Company
to Williams-Hartsock Company, land lot
16, commencing 465 feet west of the
southwest corner of Highland avenue,
Highland View. 50x150 feet May 4.
Quitclaim Deeds.
S6OO Hibernia Building and Loan As
sociation to Charles Lemke, land lot 83,
commencing 794 feet south of Rhodes
street, 50x175 feet. June '2l. 1909.
$1 Luna Lovett Lee to Anna G l»ovett.
land lot commencing 794 feet south of
Rhodes street, 59x175 feet Ma 28,
Mortgage.
I ss6o—Jennie Davis to Atlanta Banking
'and Savings Company, land lot 83. <-om
mencing 150 feet east from th® nortbean
| ' ?rner of Mangham street. 35x100 feet
I May 27.
Ask any business man and ne will tell
i you The Georgian v an* Xd columns
I reach more people and bring better resu!*.-
that could not bst ■■• brained in any other
I rn«dhnn in this auction.
THE ATLANTA GEORGIAN AND NEWS: THURSDAY. MAY 30. 1912.
I NEWS AND GOSSIP)
| Os the Fleecy Staple
• From Hayward & Clark
NEW YORK. May 2'J. Carpenter. Bag
got & Co.zThe market ‘opened very
and without special feature.
Dallas, 'Texas, wires: “Texas, western
portion e’ear: balance generally parti)
cloudy and warm. Oklahoma clear and
cool."
Following are 11 a. m. bids: July. 11.11;
October, 1V.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 verying from 2
to 5 weeks late. Considerable cotton is
not yet up and plant mg is not entirtly
I finished. 'The boll weevil has appeared in
a number of localities, and percentage
estimates of conditions range rather Tow.
After complaining of too much moisture,
some sections which have recently been
planting are now wanting rain. <’otton
is generally small, and stands, where ob
tained, are below ihe average • m ac
count of the overflow in the Delta lands
acreage will be curtailed and planting
will be VPK.X’ late
Louisiana Overflowed lands are the
cause for many districts reducing acre
age. otherwise, there is a general ten
dency to increase quite liberally. <>n ac
count of so much rain and cool nights,
condition is rather low. Plants arc small
and stands poor. 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 j
be mad?
Estimated receipts Thursday: j
New Orleans 2,500 to 3.non 414 1
Galveston 1.000 to 1.200 33< ,
NEW ORLEANS, May 2' Hayward <<-
Clark: 'The weather map shows very fav
orable conditions. Fair in Oklahoma and
Arkansas; cloudy elsewhere; temperatures
north Texas and Oklahoma and Arkansas
8 to 12 degrees lower: more wains east
Texas. central states and Tennessee.
Prospects are for more rain in the central
and eastern states and south Texas;
clearing in north 'Texas
New Orleans Times-Democrat While
rains are needed is some ■ portions of the .
belt, yesterday’s small reaction upward
xvas probablx due more to the narrow ■ .
ness of the market 4nd to .the current
practice of buying on declines than t"
any recognized change in the general
crop situation: Business would be en
couraged by a further decline, that is.
nexx - crop business w’ould.' since exporters,
almost xvithout exceptionfi adnvt the pos
session df information that leads them to
believe th? consumers of the world now
require very little additional encourage
ment to make buyers nf them
tn be expected that spinners, in th? ncai
future, will provide ail of their new sea
son requirements, hut that they xyill be
gin to bux seems very reasonable, in view
of their knowledge that not a bale of the
16.0nn,0n0-bale crop has gone begging At
the moment the spot markets are ver.x
quiet There is no pressing demand and ,
there is some cotton for sale But sellers
are not at all inclined to make ounces- '
sion- and assert that they could do nusi
ness with ver\ little effort. Meanwhile
th?' halting habit of the price tendency
keeps bull and bear alike on the anxious
<-'eat Most everxbodx- expects a further
decline th? bull.'in the near future and
the bear later ?n.
DAILY WEATHER REPORT.
Mav 29. 1912 Atlanta: Lowest temper
ature. 72. highest temperature. 86. mean
temperature. 79; normal temperature.
rainfall in past 24 hours, trace; excess
since first of month. .09 inches: excess,
since Janupary 1. 808 inches
REPORTS GROM VARIOUS
~Stat’ions Wealh. Tejnpei_ature RTalI
'a. m \ ’day. hours,
Augusta Cloudy «6 ; .
Atlanta ... Cloudy I 72 86 I.
Atlantic City. Cloudx M I
Vnn'ston . . cloudx <*» _
Boston Chnidx ;8 .
Buffalo cloudy "R - Sh
GharlesV'n,» '-''LU £2
Vhicago PFar ■
Denver Clear 4X >«....
Des Moines.. I s ’ rldy. cR 68 ....
Duluth -Cloudy JO 48 ....
East port < ’loudy nh hb • • • •
Galveston . . Ciomly .8 R 4 i ....
Helena '’loudx- 48 66 ! ....
Houston I't. eld?
Huron ...(loudy 50 bO
Jacksonville . Clear £0
Kansas cu? .. ' loud?' 00
Knoxville cloud?' W
Louisville Cloud? bS .4b
Macon Cloud?-
Memphis .... Clear j 0 L„ (
Meridian .... Cloud? <_■- ,
Mobile Cloud? jR Sb I [
Montgomer?- Raining <b 90 .OR
Moorhead ... C| O ud? n 0 bb .04
>*.«• ' irleans. Cloud?- •
New York Cloud? b 4 so '
North Finite Clear • ■ -«* ■
Oklahoma ... Clear JL "4
Palestine . . ('loud? ■ 'o
Pittsburg . 1 loud?- o -h S'; 7
Portland ..Cloudx
San Francisco clear o- « J ■• ••
St. Louis .... Cloudy 2- ....
St Paul.. <’lcar 48 <8
Salt Lake Cty.Pt. cldy oh • •
Savannah .. Pt. <h]y- ••••
Wash!nj£ton Bi cldy. ■ 4
LIVE STOCK MARKET.
CHICAGO. Max 29. H-.gs Receipts
30 000 Market slow to :»<■ lower; mixed
and butchers JT.Qah 7.R3. good heav? $. 40
r a 755 rough lieav? s, ".Co , .In. Hgni L
nigs $30fi.7.-., hulk $7.37,0
Cattle Receipts 18,000 .Market ’0? to
15c lower; beeves $5,007/ 8.25 cows, and
heifers <2 407/8. stock?rs an<l feeders >;>
7/6.80, Texans $6.407/B.lcalves $7 .
8 75
Sheen. Receipts 18.00". Market sb>?\ io
lOe native and Wesiern <O".> 0 1".
lambs $6*19.15.
BUTTER. POULTRY Ah d eggs.
new YORK Mav 29.- Pressed poultr?
ouiet. turkeys 139722. chickens 179128.
fowls llkbla'- .lucks I.3ft 22. geese H
ftp. Live poultr' it regular: fowls LS'-ft
16 t'urkevs 12 asked, roosters 1 01, asked,
ducks 12 asked, grese 9 asked.
Butter easier; creamery specials
n ~ creamer?- extras 2Rft‘2b 5 2 state date?-
(tubs, 22ft 2R>2. process specials 2R bid
steadv: nearb?- white sane?- 23
b. / nearhv brown fane?' 20> 2 ft21, exfra
firsts 21ft21%. firsts 17 1 9 'a 1!»'- 2 .
NAVAL STORES.
SAVANNAH. Mav 29. Turpentine firm
at 43. sales 150 receipts 1.21.5.
Rosin firm, receipts 3,075; water white
«7 104(7 50. window gllfss s7.4oft 7 43. N
$7.30ft7.35. M $7.307,7.40. K s7.3oft 7.40.
1 $7 30ft 7.40. 11 $7.25ft 7 37 1 -. G $7.25ft
735 F $7 25ft 7 35. E sr,,9sft 7.20, D s«.«oft
6 :r5: C B A $6.15ft6?35.
FEEDSTUFF.
SHORTS —Hallloay white, 100-n>. sacks
$1.90; sane?, 75-lb sacks. s’.Bs; F tV
75-lh. sacks. $1.80; Brow-n, 100-lh. sacks.
>1 75 Georgia feed, 75-ib sacks. $1.75.
bran. 75-lb. sacks. $1.70: 100-lb. sacks,
$1.85. Homeoline, $1.75: Germ meal Hoin
co. $1.75. sugar beet pulp, 100-lb. sacks,
$1.55 75-lb sacks. $1.55
CHICKEN FEEL Beef scraps. 50-
pound sacks, $3.50; 100-pound sacks,
$3.25; Purina scratch, dozen pound
packages. $2.20; Purina pigeon feed.
$2 35; Purina bab.v chick, $2.30; Pu
rina chowder, dozen pound packages.
$2.20: Purina Chowder, 100-pound sacks
$2 15; Purina scratcli. 50 lb. sacks, $3.25;
Purina scratch. 100-lb. sacks, s2.ln; Suc
cess baby chick. $2.10; Eggs. $2.20; Vic
tory babv chick. $2.30: Victory scratch,
50-ib sacks. $2 25. Victory scratch, 100-
lb sacks. $2.15; Chicken Success baby
chick $2.10: wheat, 2-bushel hags, prr
bushel, $1 W: Rooster chicken feed, 50-lb.
sacks $1: oystershell. 80c.
GROUND FEED—Purina feed. 475-ib
sacks. $2 00; Purina molasse - feed. $1 95.
Mon, gram, 100-lb sacks, $1 70: Victor,
horse feed. 100-lb sacks. $1 9": Milko
No i. mixed. $1 80. No. 2, $1 75: alfalfa
alfalfa meal. $1 50.
.Aik any business mar. and he will tel!
vnu The Ge- rgian 'Van’ A I ■ ohm ns
reach more reej > and bring t-e- r, ■
tha* cotpd r. b< obtatr.ed ip any other
medium in tifls section. 1
COTTONSELLERS
WERE FDH 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 todax There xvas good <
buying from both New • irleans and Liv
erpool sources. Sp< t sales abroad were
improved. Better cables were offset to •
some degree by good w eal her 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.
In the afternoon the market xvas dull
and irregular, with prices at 2 o’clock 1
point lower to 7 points higher as com
pared with the previous (Jose
The New York cotton exchange will be
< I used tomorrow New Orleans and Liv
erpool xx ill be open. Liverpool xvill be
closed Friday and Saturday.
At the close the market was steady at
! <l* • lines of 2 to 4 points from Tuesday s
: closing.
Semi-weekly interior jnovenmnt
I Receipts *1 1,337 4.285 9.090
I Shipments 19.113 13.396 16.531
si’uh'- . .. 169J14 136,062 176,270
range: in new
i i x to- I-ai I r I > V
s ? ;-:i o i 2 =
i O i X I fcj jkjre | O jL L
May Tfo6 |i.r; ii m n 0., fto2 04 H 05-06
June io JG-9h pi ’h-98
July 11 08 11 13 11.02 11.04 11 04-05 11.06-07
Aug 11.14 1I 14 11.09 11.09 11.09-10 11.11-12
I Sept. 11.19 |1 19.11 JO 11 19 11 12-13 11 16-17
I <»ct 1 1.24 1 1.29 1 1.17 11 20 11.19-20 11 23
Nov. 1 1.28 11,28 11.28 11 11.J3-: 5 11 , ?J
T»pc. 11 28 1.1.38 1 1.27 11.29 1 1.29-30 11.32-33
Jan. 11.33 1 1.34 11.22 11 25 11 25-26 11 28-29
Feb. 11.29-39 11.32-34
McK U.39J 1 .43|H -HJJ 36 11 35-36 11 39-40
Closed steady.
Liverpool was due IGfa? points higher.
Opened steady nt 3 points advance. At
12:15 p. ni was dull but steady at a net
adxance i f 3'<» to 5 points. I* air business <
doing in spot cotton at 5 points advance:
middling. 6.37; sales. S.ooo. including 7.R00
American; speculation and export. 500.
imports. 33,000, including 28.000 American.
\t the close the market xvas steady 2Vz
aboxe Tuesday s final quotations.
RANGE IN LIVERPOOu FUTURES.
Futures opened firm.
• >pening. Pre*
Range 2PM Clms«
Max . . 6.17 617 6,15' 2 6.13
Max-June 0.16 -6.16 G 6.161 2 6.1:"t 2 6,13
June-July G.IHG-6 16 “ 6.16»X 6.15' 2 6.13
July-Aug 6 ]9 ‘-6 19G 6:l9'’ 6.18 ’ 6J5t 2
Aug.-Sept 6.19 -6.20 “ 6.18 L 6J6
Sept.-oct. 6.14'3-6 16U 6.15'2 6.11 V.
Oct Nov 612 -6.14 G 6.14 ’ 6.
Niiv.-Dec. 6.11'2-6.13 C.12» 2 6.08 U
1 >?c. - Ja n 6.12 6.08
lan.-Feb 6,11 -6 12'n 6 12U 6.12 6.08
Feb.-Meh 6.1 1 u-6 1 3V.. . ..“ 613 6.08 U
Meh.-A)«r I’ 1 2 ’ 2 -6.1 4G 6.14 6.09', 2
Closed stea<ly.
HAYWARD <S. CLARK'S
DAILY COTTON LETTER
NEW ORLEANS. Ma? 29. Although
weather developments overnight were fa
vorable. there was a marked scarcity of
sellers here this morning, and prices ad
vanced (Hi straddle bux mg. w hile Liver
ponl showed easiness 'The uifferenee be
tween the markets invite:- buying on our
side and selling in Liverpool. •
Bullish contri 1 is hardlx disputed at the
moment, as bears realize that xx ear? still
too far off from a positive assurance of
a full crop, and the market therefor?
advances easily xvhenever buying develops
for any cause.
Th? report ■•■?’ The Journal of Com ■
mere? on Mississippi is unfavorable Th?
sudden ( hang? from ex< essive rains to
dr.x weather is complained of and the need
of rain is pointed out. The report on
Louisiana is somewhat better. Good rains
fell m Mississippi ami Louisiana over
night New York wires said that th?
strength of the market was partly due
to short « overing, tomorrow being holiday
t here.
According to Mr. Ellison’s latest re
{ ports, comparison?; of mill stock are as
1 follows: Great Britain 712,000. against
♦'•77.000 last >ear. 310.000 in 1910 and 573.-
000 in 1909; continent 2.053.000. against
1.510.000 last year. L1'90.000 in 1910 and
’.552.000 in 199. Total. 2.795.000. against
2.217,000 last \ear. 1,830,000 in 1910 and
2,1:;5.ooo in IDOL
Detailed records show copious rains in
Mississippi, east Tennessee and over a
large part of Louisiana. Georgia, the Car
olinas and Alabama and eleven stations
in 'Texas average .90.
RANGE IN NEW ORLEANS FUTURES.
♦ | ■ <■
; o J ?
- i - i i --
May" 11.67 1 1.67 11.64 11.65 11.64-65 11.60-61
June 11.62-63 11.60-52
Jillv 11.63 ILf>B 11.60 11.61 11.60-61 11.61-62
Aug 11.48-50 11.48-50
• let.' 11.35 11 42 11.30 11 32 1 1.31-32 1 1.32-34
Nov. 11.32-34 1 1.34-36
Dec 11.39 11.12 1 1.32 11.33 1 1.33-34 11.35-36
Jan.' 1 1.41 1 1.46 11.36 11.36 11.36-37 11.38-39
Feb 11.38-40 1 1.40-42
Meh 11.42-44:11.44-46
Closed steady.
COTTON MARKET OPINIONS.
Hayden, Stone & Co <’ontinuanc? of
present favorable weather conditions
would probablx- make for lower prices.
Logan & Bryan: Spinners are best bux
ers.
Bailey & Montgomery; 'There is enough
uncertainty about the emp to warrant
consprx-a i> ve buying on breaks
'Thompson. 'Towle Co.: I’resent levels
do not tempt selling operations unless the
bottom drops of the spot situation.
SPOT COTTON MARKET.
Atlanta, steady middling IlLj.
New York, quiet: middling 11 50
New Orleans, dull, middling 119-16.
Liverpool, easier; middling 6 37d.
Savannah, quiet; middling
Xugusia. quiet; middling 12c.
Mobile, steady, middling 11 >,4.
Galveston, quiet, middling 119-16.
Norf-Ik. steady, middling ll’ /2 .
Wihning’on. nominal
Little Rock, quiet; middling 11%
Charleston, nominal: middling ID4-
Louisville, firm, middling 11«4.
Philadelphia. stead> middling 11.75.
Boston, <iui?t. middling 11 50.
Baltimore, nominal, middling 11’14.
Memphis, steadv; middling 12c
St. Louis, quiet; middling 11%.
Houston, steady; middling 11%.
PORT RECEIPTS.
'Th? following table shows receipts ar I
the ports today compared with the same
da\ last year;
A 9l - .L 1911 - _
New - < irleans .... 2.145 2.106
Galveston 5,272 1,487
Mobil? 10l 51
Savannah 881 766 j
< Charleston 11 24 ,
Wilmington 18 4 |
Norfolk 14 ft 17
Baltimore .... 115
Now York 228
Boston. .... 57 ....
I‘aoifir coast , . I___
'Total. 5,132 5,798
INTERIOR MOVEMENT.
~ ! 1912 1911
Houston 266 356
I Augusta 120 39
Memphis 696 585
St. Louis 1,186 1.445
• ’ineinnat i 1.814 211
L 1111? Ro*' k ' . . - 24
Total 4.082 2,563
METAL MARKET.
NE V ' YgRK. Maj At the rr,€fel
r , ■-’Trgr- tedaj 'radirg was quiet
• njotat tens Goppr-i =pot »• August,
•‘L: -. lead 417 y'u 4.2 J, Spelter,
I 6 ? nZz / 7 00, tin, 4' 75'tl 46 25
TONE IN STOCKS
iS HEAVY LATE
Declines Were General in En
tire List, Canadian Pacific
Being the Exception.
By CHARLES W. STORM.
NEW YORK. Ma?' 29. Canadian I’a-i
cifie led in a general upturn at the open- |
mg of the stock market todax I» was
3\ over last night s ciop’ng This was |
hieflx due to Berlin and London 1 uying. ‘
'The effect of a Roosevelt vi« tory ’n Nexx
.lersex had been discounted. It had no ,
appreciable effect upon flu- marke' Buy-i
ing from Europe xvas the chief factor
Pi aspects (»f a goxernnumt inx »- <t ign - .
tion of the proposed increased pri-«d
anthracite coal had r.o appreciable effc< t.
Reading gained % Erie < onimon opened
unchanged, but advanced %
The coppers were firm. American
Smelting was up % and Xmalgamai osl
<'opper rose ’ 2 I'nited States Steel was
another firm-issue, gaining •%.
< »ther gains were: Steei preferred ’s.
Erie preferred •%. At< his«»n %.*l ui<m I’a
<ifie •%. Missouri Pacific % ansl Southern
Radwax L
'The curb was steady
Americans in London xxerc stemix. and
made gains over Nexx York parity.
Trading lat? in th? foia noon was heavy.
Reek Island collaterals declined 1 i. caus
ing some urgent selling in R<>< k Island
preferred, which dropped ? points, and a.
loss of was recorded m the common
stock Fractional re< rssions were sus
tained in Lehigh Valley and Reading.
The Interborough Metropolitan issues
were weak.
'There xvas a «essation of pressure late
in the afternoon, but the undertone con
tinued dull. \ few of the Issues rallied |
from the lower range. Room traders i
bought the important railroads and in
dustrials in the belief that a rally was in,
order. This buying was the only fea
ture
'The market closed irre rr o|ar
Goxornments unchanged; other bonds
irregular
Stock quotations.
j | (LastiCHs Tev
STOCKS IHlghlLowr ISaieJ Bid. Cl’M
Amal. Copper. 83% 81%! 82%j 8 8 t
\m lee Sec. 28%: :.’6% 27’: 27 L 28%
Am Sug. Ref I‘J. % 1’29 IJa’a >3O 1"-S%
Am. Smelting 86 84' ? 85% 85 S.. |
Am. Locumo 12% 41% 41% 41% 41 J.
\m. <’ar Fdx. 59 58% 58% 58% s’.'
Am »’ot oil . 54 54 54 54 'v i
Am. Woolen 2.% i
Anaconda ... 42% 12% 42% 12% l:.'-:
\tchison .. 106% 105% 106 105% -08% I
A r. L. 139 139%!
Am <’an ... 39% 37% 38% 38% 36 H
do. nref . 117 116 11/% 11 h !’ ! LV» 1 j
Am Beet Sug 72% 71 72 7 L- H .2
Am. T andT.ll’A 11 ■> % I »•' h I 15» 2 1 L> 1 ‘
\m Agrirul 61 61 61 61 61%
Roth. Steel. . 37%" 37 37 % 37% -L %
B R T 89 G 88% 88% 88’, h?%
B. and O. ... 108% 'OB% 108% 108 108%
t’an. Pacific .. 267% 265%
Dorn Products 15% 15 1 15% L»- H L> J
and < 79% 78% <B% .8 4
<’onsbL <Uis .. 112% 111% 111% !
t’en. Leatnpr . 25% 25 25 2. ' > -
F. and I 28 28 28 37'r 28
Golo. South 40% 11%
D. and H ‘ ’”8 168
Den. ami R G 19% 9% 19% 19% 19
Distil. Seeur. . 32% 31% 31% 32% ■%’
Erie 35% 34 % 35
do. pref 53% 52 '% ‘ s
Gen Electric 171 16!'% 1.0% l»0% DI
Goldfield (Jon.i. 4% 4% -I % I' 1 *
Western 1. 1 •• I • -e
G North., pfd. 133%- 132 IT. u LI I ••'%
G North. <»r? 13% 11 .. 12% !"% %
Jut Harvester Ll% 121% 121% 11-'%
IntPl'boro ... -’l% 2t' 20% r 0 ' l ' “.
do. prof. . 60% 58% ;»'J ak% 60
lowa Central . '2 12
K F South. . 21 22% 22 , 23% - ‘
K ami T 27 26%> 26% 26'- 26 -x
• do. pref ;. .2 ' . ,2' ,
L. Valley. . .177 % 173 %174 - 4 1. I L'j %
L and N . . 157 157 I.»< L»<
Mo Pacific ~ . 38% 35% 36 %. 36 % •*< G
X Y Ventral 118% 117% 11«% ll«% 11*%
Northxvest. . . 138’ H 138% 138% 138 138
Nat Lead . . 59 56% 57% • H ll ‘
X and W . 112% 111% I 1 ?’$ 112 1- %
Xo Pacific . . 121% 119% 120% 120 . 120%
• » and W.. . . 37% 3» % 3'- « ••• 37
Penn 123'., 1’23% 123% 128% 128%
Pacific Mail. . 33% 33% 3.!% 33- H 33%
p Gas <’o. . . 111% 113% 111 113% 114%
I' Steel Car. . 35 31% 31 u •’i 1 1
Reading. . . 173% 170% l'"% '
Rock Island 26% 23% 24% 24'm 2'c t
«b., pfd. . . . 51 %> 51 51% .$1 %' .cl ’-.'
R. I and Steel 23 22% 23% 23
d?. Pfd
S -Sheffield . . ’ ll
So. Pacific. 111% 110% Hl% Hi '. IH%
So. Railway. . 28%’ 28 28% 28'% 28‘ ?
do. pfd.. . ■ ”5 74 'X 71 “h ■ 1 •1 4
S( Patil. 106 10.5 10.5'., 105% |0.5 %
Tenn t ’npiiPT 15% II 1 ” 11 « 11% 1' i
Texas ra. ific ?3
Third A venue ->8 h •••x 2 I
I nion I’a i J fie 171 » I<o % 1■ 1 % I•1 ' ; 1 i
L S. Rubber . 65 63 64 63% »> I j
I'tah < ’upper . 62 % 61 % 62 »-2 - *'2 %
I S. Steel. . 70% 69% 69% 69 ■$ |
( |c nfd ... 1 10% 110'” 1 10’., 1 10% 110% j
V-(’ (’hern. . 52 51 % 51% 51 % 5! '
West. I'nion. . 83 82% 82% 82’- 83 I
Wabash .... !' 1 I
.|C pfd.. . J 18% 18% 18% 18'. 18'”
West. Elee. .... 73
Wis. I'enlral ’ 51 •» ■” J.
W, Maryland
LOCAL STOCKS AND BONDS
810 Asked
Atlanta * West Feint R It .. HA 145
American National Bank ... I9S ?li>
Mlantlc Coal & lee eomnton. 101 102
Atlantic Coal * lee pref ... 93 Bl
Atlanta Brewing & Ice C 0... 175
Atlan-a National Bank ... 325
Central Bank * Trust Corp ir,n
Exposition Cotton Mills.. .. IS9 jsr,
Fourth National Bank 245 250
Fulton National Bank ... 125 130 :
(’a Ry & Elee. stamped. 124 jsfi
Ca Ry * F' ,w r ° • eommon 28 31
’do. Ist pM M S 5 I
do. 2d pM • *2 41 f
Hlllver Trust Company 125
1 owrv National Bank 248 250 I
Pealtv Trust Company 108 no !
Sixth’ Warfl Bank 99% ]oi
Southern lee eommon 71 72>»
Third National Bank. new.. 205 210
Trust Co of Georgia 225 235
T ravelers Bank & Trost Ca. 125 125 1
iraveie. BONDS ■’
Atlanta Gas Light Ist 55.... 10114 105 |
c.eorcla State 41%. 1»15 101 103
Georafa Midland Ist 3s M fij
t.a Rv. «• Elee Co. 55.. 101
i.a Rv A- Elee ref 5s .... 99 99% j
Xtlant'a Consolidated 5s 102>' 2 . |
( anta City
Atlanta City 4945. 1921 102 103
Boutharn Bell 5s 99 -, vt%
NEW YORK PRODUCE MARKET. ;
NFW YORK. Ma? 29 Wheat <i.,i<iv ]
lii'lv .tl.lß'sft 1 !*■' 1. *l>ot No. 2 red j 1 21’, |
in elevator. $1 21’> f " b stead?.
No 2 in elevator nominal, export No 2
I 84X, f o b . steamer nominal. No I uomi
Inal Oats dull, natural white HI '..ft H3'»
(white clipped Hllft W’. R?e 'inlet. No 2
nominal f "■ >’ New York Barlev stoarlv:
mallinK $1 l«9,l 28 ■ I f Buffalo Hav
Irregular good I" prime sl.2.>ft 1.1.0, poor
to fair $1 25ft 1.45 Elmir 'inlet; spring
patents $.9 HOft'. 10 straights ssft.'. 30,
Hoars $4 85ft •"■lO winter patents s’.,9oft
r, 10. ' straights C. 35ft 5.00. clears $4.73'0
j ' Reef firm fanill? slßft 18.30 Pork
firm mess $20.25ft 20.73. farnll" $20.23ft
'•'l T- Lard stead?: '•it', steam 10ft 10’,.
middle West spot 10.80 ft 10.85. Tallow
Stead?' elf? <m hogsh'-adst 6’. bid.
country tin tieroes) Si.ftG’.
NEW YORK COFFEE MARKET.
(-■nffoa quotations:
January. ... • • « ' 3
February. • » • • • I l a.’ 13 *>- it 1•• a.,
March ■ 13.50 ft 13.02 13.58 ft 13.59
. ' ’ . . . 13 59ft 13 79 13.58ft13 50
kVa ’ ’ . . 13 35ft 13 13
l in .' ’ . 13 35ft 13.30 13 30ft13 32
T, ' ' . . .13.35 ft 13 50.1.3.34 ft 13.35
s,' ' ... 13 50ft 13 hh 13 lift 1.3 1 ,
Sentomher'. . . - • ’.3 50 13.31-o’3 53
.vrnbe' 13 58ft 13.5’ 1.3 55ft 13 55
. . . 13 .58ft l 3 70 13 55ft 13 53
Herernber 13 51 13 57 ft 13 58
“Closed steady. Sales. 35.000 hags
ATLANTA MARKETS
ij;G> Fresh country candled*
BUTTER—Jersey and creamery, in Ilk.
bl<»< ks, J0%.(?/25c; fresh country dull. 10
I- 1 ”'- per puunj}.
DRES>tD POULTRY— Drawn, head and
feet <m, per pound. Hens, 16<(/ 17c; fries.
25(h27c Roosters, 10c. Turkey!, ow
ing to fatness, 18<q20c.
LIVE POULTRY- Hens. 40(3’450: roost
ers, 251/35C; fries, broilers. 2.”> < (/»
!30c; pud<l!e ducks. 35'q40c; Pekin ducks,
4" f/i..c, g os< , o 0 (/60c each; turkeys, ow
ing to fatness. I7f(/18c.
FRUITS AND PRODUCE.
FRUIT AND VEGETABLES -Lemon!.
' fancy, s4.o()(d 1.50 per box. Florida
•oranges. per box Bananas,
|3U3% per pound Grap? fruit.
; 600 per crate Cabbage, l%(®2c per pound.
Florida cabbage, s2</2.50 per crate. Pea
i nuts, per pound, fancy Virginia. 6%‘3 l^C *
. clioij’e. Brans. round green
'Bl 75 u 2.00 per crate Florida celery,]
■ .$2.00’1/2.50 per crate. Squash, yellow, per i
I six-basket crates, 51504/2 00 Lettuce,
! fancy, $1.25 </ 1 50. choice. $1 25(1/ 1.60 pet
crate. Beets. 13.00(1/3.50 per barrel Cu
| cumbers. 75</%5!.00 per crate. English
! peas, per drum. SI.OO-1/1.25. New Irish po-
I tiling. p« r barrel. $4 s()fa 5.00 per barrel.
I Str iwherries, s<(/6c per quart.
Egg plants. 50fa3 00 per cr«te. YfeP*
per. 51.751/2.n«» per crate. Tomatoes,
fancy, ‘fix-basket crates, $2.50dt3.n0,
choice tomatoes. SL7Sfa2OO Pineapples.
%■ 50fa !O<) p...- crate, onions. «2. D
per bushel. Sweet potatoes, p yam, >1.50
fa 175 per bushel Cranberries. sll.CO£j
12.00 per barrel; 50c per gallon.
PROVISION MARKET.
(Corrected by White Provision CO
Cornfield hams, 10 to 12 lbs. average
16% r.
Co-nfleld hams, 12 to 14 lbs. average
16%?.
Cornfield skinned hams. 16 to II iba.,
17 %c.
Cornfield picnic hams. 6 ti « lbs. aver
12'-. r
Cornfieid breakfast bacon. 23c.
Grocer style bacon (wide or narrow).
17%c
Cornfield fresh pork sausage (link ot
bulk), lb buckets. 12c.
Cornfield frankfurters, 10-lb. buckets,
age. lO<
Cornfield mlogna sausage, 2b-ite. boxes.
9 c
I Cornfield luncheon hams, 25-lb. boxes.
Hr
' Cornfield spiced jellied meats in 10-lb
j dinner pailii. 10r.
Cornfield smoked lime sausage, 25-lb
boxes. 9?
Cornfield smoked link sausage in pickle,
60-lb. cans, $4.25
Cornfield frankfurters In pickle. 15-lb.
kits. $1 :»0
Cornfield pickled nigs feet. 15-lb. klta
>I.OO
Cornfield pure lard (tierce basis), 12%c.
Country style Dure lard, 50 lb Uns only.
12c
Compound lard «tierce basis), 10c.
D S extra ribs, ll%c
D. S. rib bellies, medium average,
12 %c
D S. rib bellies, light average, 12%c.
FL OUR GRAIN.
FLOUR I’osieH’s Elejant, >7.50; Gloria
! If-rising». >6.50; Victory 'finest pat-,
'•'lit I. .<6 50 1-aulthss. finest’. <6 25, Swans
' <h»xvn iliiglc t patent). *6 25, Heine
Queen (highest patent). $6.00; Puritan
; highest patent), $ ! l.00. Sun Rise (half-
I patent), $5 50. 'Dilip flour. $4.50; White
‘'.mid (highest patent), $5 75. Diadem
(highest patent), $5.50; Farm Hell. $5.40;
Parayon (highest patent). $6 00. White
Li..\ (highest patent). $5.75; White Daisy,
$5.75; Southern Star. $5,50. Sun Beam,
$5 50, Ocean Spray (patent), >6.50.
CORN Tennessee White, red cob,
$1.08; N<» 2. white. $1 07; . racked, $1.05;
velloxv. $1.05; mixed. $1.05.
MEAL Plain 14LII. sacks. slOl, 96-lb.
144-lb sacks. $1.01; 96-lb. sacks, $1.02;
sa.Jxs. $1 02; 48-lb. sacks, $1.01; 24-lb.
sacks. $1.06
oATtf Fancy white clipped, 74c; fancy
white. 7L-: mixed. 72r
CoTToN SEED MI'.AL- Harper. $29.
COTTON SEED HULLS -Square sack a
s9sn per ton.
SEEDS (Sacked)—German millet
$1.65; < ane -;»■< <l. amber. $1 65; < ane seed,
orang?. $1.40; Wheat ('Tennessee), blue
stem. $l4O. rye (Georgia) $1 35; ?»ppler
oat . 85c, red rust proof oats. 72c; Burt
oat \ 75c; Texas rust proof oats. 70c; wln
>r grazing, 70c. Oklahoma ruat proof,
60c. blue seed oats. 50c
.JAY Per hundred weights Timothy,
choice alrge bales. >1 90. 'Timothy, choice
third pales, $1 60; 'Timothy No. 1, small
bales. $1.85; alfalfa hay, choice, $1.65;
Timothv No. 2. $1 50; Timothy clover
mixed. $145; clover hay, $1 50. alfalfa
ha,', choice, $1.50; alfalfa No. 1, >1.70;
alfalfa No 2. $1.25; peavine hay. $! 20;
shucks, 70c, wheat straw, 80c; Bermuda
hay, SI.GO-
GROCERIES.
SUGAR -Per douiki. Stannard granu
lated, 5%c; New York relined, 5%c. plan
tatifin. 6c.
(’<)!• I'EE Roasted (Arbuckle’s), $24 25.
A AAA. sl4 50 in bulk; In bags and bar
rel*.. $2 10. green. 19c.
R|(’E Head. 4'*'.fas'<.r: fancy head, 6%
ft t; '..<•. according io grade.
LARD Silxei leaf. 12%e per pound
Soco. 9 %(• pet pound; Flake While, 9%c
per pound: (’ottolene, $7.75 per case,
Snoxxdi 'l'L $6 -’5 per case.
<’|li:ESl< I'aih y full cream. 22c.
SARDINES Mustard, >3 per caae; one
quarter oil. $3
M ISCTsLi . \NE» »US Georgia cane syru>
,”„Sc; axle grease, $1.75; soda crackers, 7%c;
'per pound; lemon crackers, Fc oyster. 7?;
I ton aloes »2 pounds). $2 case; 3 pounds,
Isj , navy beans, $3.10, Lima beans. 7%c:
I Shredded biscuit, $3.60: rolled oats. >4 per
■ case, grits (bags). $2 20; pink salmon,
• $5 10 per case; pepper, 25c per pound; R.
iE. I.?? salmon. $7 50; cocoa. 38c; roast
' beef. $3.80; syrup. 30c per gallon. Sterling
I ball potash. $3 30 per case; soap.
per case. Rumford baking powder. >2 61
per case.
S'A L'T ’ >n? hundred pounds, 49c; salt
hrfck (plain), per case. $2.25; salt brick
medicated), per case, $4 85; salt, red rock,
per cwt., SI.OO. salt white rock. 90c; 50-
pound sacks. s29c; 25-lb. sacks, 18c.
F'SH.
FISH Bream and perch. 6o per pound,
>nap|"f. 9c p?r pound; trout. 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; mullet, $ll.OO per
barrel.
HARDWARE.
PLOWSTOCKS Halrnan. J)sc; Fergu
son. $1 05.
AXLES ?4 75fa7 per dozen, base.
I SHOT $2 25 per sack.
I SHOES flor; $4 SOfa 475 per keg.
[LEA J> Bar. 7%c per pound.
NAILS WL’P. $2 65. base
IRON -I’ei pound. 3c base: Swede <%•
Going Abroad ?
Yor WILL SAVE TIME, AVOID
delays, have your money always
safe, and. practically, enjoy the many
benefits of having a bank account in
every country in which you may travel,
if you carry witli you a Letter of Credit
* or Travelers’ Cheque. It will enable you
to know exactly the relative worth of
your money in foreign countries, and
enable you to keep an accurate account
of your expenditures.
And yet the cost is very small. A
, mere nothing compared with the innu
merable benefits they afford.
We will be glad to have von come in
and talk the matter over with us.
Atlanta National Bank
The Oldest National Bank
in the Cotton States
f iIIMIIIIIIIIIIIMI M 1I OMNI? ■!mi II ■"■■il Ml '
GfflL PR ICES
CLOSE IT LOSS
Wheat 1 -4 to 5-8 c Off, Except
on December—Corn and
Oats Off Fractions.
ST. LOUIS CASH QUOTATIONS.
I Wheat- No. 2 red 120 ft 120%
Corn 82
”ats 53ij
CHICAGO. Ma?' 29 Cooler weather in
Kansas overbalanced the higher cables
and wheat prices were >, to ’-,0 lower
ibis mnrninK. with the trade more bear
ish Reports from Kanasa. especially
that from the Finley Barrell A Co , crop
experts, were as unfavorable as several
previous days.
Ma? corn was sharply higher under
covering b? shorts, and the more de
ferred months were only the smallest
fraction better
tints were unchanged to a shade lower.
Provisions were a trifle lower with
hogs.
While nearly all the news toda?' was
bullish the market failed to respond and
final prices were lower on Ma?', so to
\r on Jul?' and to ’<c on September.
There was fair buying early on bullish
reports from crop exports, but the same
parties sold later because of failure ot
the market to respond.
Corn closed with prices off to He.
The marke! was strong early on eover
ng by shorts, but reacted on heavy sell
ing
Gats closed to lower. The weak
ness in May was a feature *ll day.
Provisions wore lower, but recovered
slightly from bottom prices.
CHICAGO GRAIN MARKET.
©pen. High. Lew. Cleee. CleaL
WHEAT—
May 1.14 1.14 i. 13% t 13 r i S u
July 1.11’2 I.ll’, I.IOV. 1.10% l.llH
Sept 1.0«\ 1.06% 1.00 10« L IMU
Dec. 1.06 7 ,1.06 T, l.Ofi LOSS 1.06 1 *
CORN -
.May 809, 81 \ 80’4 8014 80 U
July 75% 75% 75 75% 75%
Sept 7373% 72** 73% 73%
Dec 83% 63% 6.3 63 631,
OATS -
May 54% 54% 53 53 55%
Jul? 50% 50% 49% 50 60%
Sept. 32% 42% 42 42 42%,
Dec. 43', 43% 43 48 43%
PORK -
My 18.40 18.40 10.40 18.40 18.45
Jit- 18.47% 18.50 18.37% 18.50 18.55
Spt 18.50 18.50 18.40 18.50 18.55
LARD—
My 10.52% 10.52% 10.42% 10.52% 10.55
JI.V 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
Jly 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—Ne. 2 red
»1.13 ft 1.14. Nm 3 red 81.11 ft. 1.13%, No. S
hard winter sl.l3ftl 14. No. 3 hard wintet
$1.11(111.12*2. No. 1 Northern spring 81.18
ftil.2l. No. 2 Northern spring $1.1<®1.19,
No. 3 spring sl.loft, 1.18
Corn No. 2 79W'80%. No. 3 white 80%
ftßl, No 3 yellow 79®81, No. 3 76®77%
No. 3 white 79>kft80%. No. 3 77*4®?!
No 4 74ft75%, No. 4 white 77®78, No. 4
yellow 74ft 76.
Oats No. 2 white 54%®55%, No 3
white 53ft54%, No. 4 white 53%®54%.
standard 53 5 . ft 55.
PRIMARY MOVEMENT.
~ "WHEAT— I 1913 I IMI ~
' Receipts 334,000 I 84L000 .
Shipments 331,008 286,000 /
CORN— | ’
Receipts 621,000 | 1,488.000
Shipmenta 318,000 ' 674,000
CHICAGO CAR LOTS.
Following are receipts for Wednesday
and estimat ed receipts for Thursday:
I Wed n'day. (Thursday.
Wheat | 7b "I 9
Corn 258 224
Oats ....... 148 98
Hogs _ 30.000 24,000
NEW YORK GROCERIES.
NEW YORK. May 29 —Coffee barely
steady: No. 7 Rio spot 14%®14%. Rice
firm, domestic ordinary to prime 4%®
5?, Molasses steady; New Orleans open
kettle 35ft 45 Sugar, raw flrm; entrffu
gal 3 985. muscovado 3 485. molasses sugar
3.235. refined quiet, standard granulated
5.25, out loaf 6. crushed 5.90. mold A
5.60. cubes 5.40, powdered 5.30. diamond
A 520 confect loners A 5.05, Ne. 1 5.05,
No 2 5, No 3 4.95, No. 4 4.90
Chapse steady, whole milk specials 14%
bid. whole milk fancy 14ft 14%, skims spe
cials 1131 11%. skims fine 9%®18%, full
skims 7®7%.
COTTON SEED OIL.
Cotton seed ofl quotations: ——
I Opening. I Closter
Snot ..:•• -1 .. 18.
lune . ... 6.8206.92 . 6.7606.89
Iu l„ I 6 92 0 6.98 I 6.9208.93
August ' 71007 11 7 86®T.08
September . . . .' 7.1407,16 7.1007.12
October . ' 7.1107.12 7 04®7.05
November .... 5 Jis?
December 6 60ft 665 6 6106.62
Closed weak, sales, 13,300 barrel*
MINING STOCKS.
BOSTON. Mav 29.—Opening Calumet
ami \rlz.nna 76. Shannon 15%. Shattuck
ami Arizona 22, Calumet-Hecla 490.
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