Newspaper Page Text
Real Estate For Sale.
gHARP & DOYLSTON
$25 CASH. $5 MONTH.
SUTHERLAND.
THIS if a two-story house and basement
on a lot that is 50x200; faces east and
has nice, large sleeping porch; eight large
moms, hardwood floors and <»tip of the
best built houses in this beautiful sec
tion We can make term® on this that
will make it just as easy as paying rent.
CHEROKEE AVENUE
ELEVEN rooms on a lot that is 50x200;
has 4Mg barn and chicken houses, and
is a bargain at $4,500.
AN IDEAL HOME.
THIS place is on the Marietta ear line
and has every convenmnce. you find
in <>’\ n hut gas. and just think of the
pleasure vou would have in living
where voj have all the advantages of
the ountrv. with all the advantages of
the ity. in a homo that has hardwood
floors, ’wo keeping porches, two baths,
a * ’•->-room servants’ house and a lot
tha’ s a beaut}. 270x500. If you want
r homo -hat is a homo, look at this
plac r . '’an sell on terms, with a small
cash payment. House has five bed
room* and i dandy little breakfast
room and a living room that is so .large
that it is a genuine pleasure to he In it.
The front veranda of this house ex
tends All across the front and Is im
ni°nsc. Let us show you this proposi
tion.
FOR SALE
AXE • »F THE BEST propositions on the
gulf < oast A commercial hotel. now ,
running paying handsomely. Value. $35.- ;
) rt °. Ten thousand dollars will handle this i
md it is an exceptional opportunity .
JOHN R. SCOTT
Phone Main U>»-9 ‘'ll Grant Building.
JN’E of ‘he most beautiful homes in the I
rjt- to He sacrificed, lot 100x408. plenty'
>f shade, fruit. et< ; a fin° home, all coni- I
pleic See photograph in this issue.
PRICE *2.250,
t
Sion ca.-h and *2O per month
SARDEN STREET, near Georgia a'enue.
nice five-room house. has sewer, water.
gas and on a lot 50x140 See this at once
N'r» 166 LUCILE \X E
*2s n cash and *25 per month.
If you will g<> in this home you will find
■me r>/ the prettiest five room houses you
ever saw. has every convenience, ar
ranged for four more rooms at a small
?ost See this.
s. R. T TRAIAN A. CO.
RRGAD AND ALABAMA STREETS
Real Estate For Sale. Rea! Estate For Sale.
HOME SEEKERS
ARE TOT: in the market fn- a hnma’ ’ so. It wHI be tn ymjr Interest tn confer
with ua at once LISTEN Do you own a lot anywhere in the city or sub
urbs paid fnr or half paid for? Ts so. let us build a house on it to suit your Ideas
and arrange terms like rent or easier Houses we build range second to nona Ln
point of workmanship, materia! and beauty Ask our customers Plans and
Fperifiratinns will cost you nothing
GATE CITY HOME BUILDERS
REAL ESTATE AND BUILDERS
SOO Third National Bank Building. Phone Ivy 3047.
WILLIAMS- H A RTS< >C K CO.
REAL ESTATE AND BUILDERS. FOURTH NATIONAL BANK BUILDING
Phone 2105 Main
HERE .IS WHAT Y'»l HAVE BEEN LOOKING FOR Six rooms, hall and
bath, double-floored, storm-sheathed, tile floor on front porch, tile in bath room,
steam hear, large lot. beautiful fixtures, gas and electric, stone steps, tile walk,
lot fenced. This beautiful home is new Owner has covered it with best cy
press shingles, bookcases, beautiful stone mantel, exposed ceiling beams, hard
nooa floors. The price is cheap. Terms easy.
LET PS BUILD Yol A HUME; will arrange to suit your own taste Make easy
’£ ’ tns.
75 FEET FR’tNT on West Peachtree street, south of North avenue This is a
bargain Make terms
HERE IS THE CHEAPEST PLACE on Myrtle street; will make terms, ton
Come to see us_a_bout it.
WE HAVE A BENCH of north side bargains. See us
I
Individual Needs
Banking requirements vary
with different persons, firms and
corporations. But whatever the nature
of these requirements, thev are fullv piet
by the ATLANTA NATIONAL BANK.
The officers of this old, established in
stitution are especially desirous that the
account of each depositor shall be of the
greatest value to him: and whatever
might be his needs, they shall be met to
the full measure justified by sound bank
ing methods.
Wouldn't it be to your advantage to
make this YOE R bank ?
Atlanta National Bank
The Oldest National Bank
in the Cotton States
J
~ r ’ ' ' '’’ -J*
MWCOnON/8.8
SAYSO.S.REPOHT
Condition Lowest on Record at
This Time With the Single
Exception of 1907.
WASHINGTON, June 4. According
to a report issued today by the depart
ment of agriculture, the condition -of
< otton as of May 25. was 78.9 per cent
»»f a normal crop, as compared with
87.8 on May 25. 1911. and 82 on May 25.
191‘X and 81 1 <-n May 25. 1909. and Si 5
per cent, the axerage of the past ten
years, on May 25.
The government s report today on
the condition of cotton on May 2.5 about
met expectations of the trade, guesses
ranging between 77 and 80.
The condition was given at 78 9.
which is the lowest June condition on
record, with the execution of 1907, when
it was 70.5. The failure, however, by
the government to issue the usual es
timate of the acreage renders the con
dition report practically worthless, and
in that respect differs from the report
of 1907.
The commercial crop in 1907. ac
cording to Secretary Hester, totalled
1 1.572.000 bales on 31.311.000 acres. The
fad that the growing season has been
shortened a month or more, or to sucn
an pktent as to cause the government
to postpone the acreage report to July,
leaves the trade to reckon with the
acreage a month hence and with a
plant that gained its life under adverse
circumstances. The figure today do not
furnish data on which to predict the
>ize of the next crop, though' they are
considered bullish, unless frost occurs
at an unusually late date.
I 'The following table shows the condi
tions by states this year as compared
with past years;
I I 1
i States 1912 1911 1910 1909 1903 1907 Yr.
J Av.
Va. . .89 93 !90 ‘BS iSR 80 185
N. <’. . 87 83 84 93 87 SO 83
S. .S 3 80 78 83 R1 177 81
Ga. . .74 92 SI 84 80 74 ! S3
Fla.. 75 95 SO 91 82 R 0 87
Ala.. 74 91 'B3 83 I7R 65 81
Mis.®. . 72 S 6 82 78 80 65 80
: La. . 69 91 76 74 SO 64 SO
I Tex.. .86 88 83 78 77 70 Igo
I Ark.. .73 87 81 84 85 65 82
Tenn. .'74 83 85 R 5 84 63 'B4
Mo. . . 74 86 93 93 86 65 85
Okla. .78 87 St |B4 So 80 84
("al. . . ‘96 95
;U. S. i78.91-R7.8’82.0’81.1 ]j9. 7|70.5*’81 . 5
NEW YORK PRODUCE MARKET.
NEW YORK, .lune 4 Wheat steady.
Jul'. $ 1.15%4/1.13% . spot. No 2 red.
$1.22% in elevator; *1.22% f. o. h Corn
«teady: No. 2. in elevator, nominal, ex
port No. 2. 81% f. o. b . steamer, nomi
nal: No 4. nominal, oats firm: natural
. white. 604/62.; white clipped. 61(9’62. Rye
quiet: No. 2, nominal, f. ", b. New York.
Barley easier; malting. $1.15(91.28 c. i f
Buffalo Hay easier; good to prime. *1 25
47 1.60 poor to fair. *1.15(471.45. Flour
quiet. spring patents. $5 504/ 5.60;
straights. *5.3547 5 60; clears. *4.7545 5.00.
Beef firm; family. $18.00(918.50. Pork
firm: me®s. $20.2547 20.75; family. $20.25
21 25. Lard strong, city steam. 10%47
10L ? ; middle West spot. 10.954/ 11.20 Tal
low steady, city, in hogsheads. 6%. nomi
nal: country , in tierces. 5% 4) 6%
lhl ATLANTA GEORGIAN AND NEWS. TUESDAY. JUNE I, 1912.
I SHARP PffiTIGE
NECESSITYNOW?
t Career of the Late M. C. D.
Borden Furnishes a Con
vincing Answer.
•
By B. C. FORBES
NEW Y<)RK, June 4. Are sharp prac
f. tices necessary to success In these day s of
catch-as-cau h-can business" Mu<t trick
1 cry be resorted to at least once in a whib'?
1 Does the employer have t«» forget what
1 he was taught in Sunday school when
5 it comes to dealing with his employees?
j Is a large, human heart an obstacle to
great prosperity '* Besot by Romans, is it
compulstory to do as they do or go them
1 on** belter? <’an a man in a large way
t of business afford to listen to his con
science.’ Or is he the victim of circum
stance®. driven hither and thither by
forces beyond his control?
* * «
1 The records, just closed, of M o D.
i Borden, the king of cotton manufactur
ers, supplies as good an answer to these
questions as anything I know you. no
doubt, have read something about him
in the obituaries.
]
I I‘cw men have had to encounter more
troublesome problems in conducting their
business. To run a cotton mill smoothly
and successfully is never easy, sometimes
it is well-nigh impossible The textile
trade is t j xposed tn violent fluctuations,
1 due in part to th** drastic swings in the
1 price of raw material, occasionally to a
t drastic falling ofT in demand for mer
chandise. at. other times to widespread la
-3 ho’- troubles, and. at long intervals, to po
litical uncertainties Moreover, in this
peculiar industry no monopoly or monop
olistic amalgania 1 ion has arisen, t’ompe
f tition of the old-fashioned kind still rules.
I he tactics of rivals often prove irouble
some. <’osts have to be rigidly kept
o down Yet strikes must he averted
whenever possible
" Mt Rorden”M D..” as he was railed
' in the trade proved equal to all emer
gencies. More, he triumphed over them
-by methods at once brilliant and lauda
ble. by methods that won for him the
admiration of the workers and the re-
- spect of other manufacturers. Did a glut
of goods threaten to choke the market and
inflict upon the mills a period of idleness,
Mr. Borden would by one bold stroke re
move the danger. <>n one memorable <i< -
casion h** bought a million and a half
: pieces of cloth to would have
been a catastrophe to thousands of em
ployees in other mills At another criti
cal time, when distress appeared inevita
ble. when wages were about to he cut.
he stepped forward and did a daring
thing Instead of reducing the pay of
.. , his large army of workers he announced
sla substantial advance others had to fol
low his example. And bankruptcy did
i not result.
* * •
The modesty of the great, the deter
. mination of the strong, the confidence
'of the jusi were all embodied in this
I fine type of New England merchant man-
- ’ ufaeturer. •
I . * • ♦
0 In these, days <>f denouncement of com
petition and worship <>f operation ' D
J Is worth noting that the greatest cotton
’ r mill owner America has produced did not
sympathize with the brand of co-operation
generally advocated tie would not unite
J with other manufacturers tn act in con
j • cert against employees or consumers.
He had his own standards of fair dealing
- ami Would not be bound by tho flats of
an? association. He was of broader gauge
■ than most of his competitors, lie never
descended to the pett\. He took a large,
wide, wholesome view of Ids rcsponsibtl-
- ities toward his fellow-men. His action
not infrequentl' showed that his heart
was more with the thousand of toilers de
pendent upon him than with those of iti.-
own station in life.
And yyt his magnanimit' paid. Hen
erosit.v proved a profitable poll y.
Which suggests that the real leaders
in other branches of the textile and dry
goods business 'not to look farther afleldj
have been men of conspicuous probity, of
unquestioned fairness, of more than avet
age generosity in their dealings, not onlx
with men of affairs, bitt with their own
employees. The names of several still
w li' ing will at once come to your mind <if
them I will not speak. Rm what of th»
founders of the two largest dr.v goo,ls
concerns in lhe I nited Stales'. II R
t'lafiin was essentlallv a man of the type
just described more so than the public
knows, for. like Mr, Borden, his philan
thropies were avcomplishe,! with a mini
mum of noise, even wit It stealth. Long
before old age pensions were discussed
as a national question lite luxuse of Claf
lin instituted its own system, a system to
which the beneficiary contributes not one
dollar. Tlie worthy son of this worthy
sire. John Claflin the present holder of
tlie blue ribbon of American commerce.
Hie presidency of the chamber of Com
merce continues the benevolent policy.
. \nd then, was not Marshall I-ield dislin-
Ctlifihofl mm-h for hie h. ,I'ovt , ...1.1 '
guishcd as much for his h<»imsiy and jus- ’
Jk tice as for his great wealth?
<>f course, it is not quite the thing now
adays to bother much about people when
they die there is so much to he done in
holding one’s own against the living
Still, it may do no harm io steal a few
moments t<» neave a litile wreath for a
man of sterling worth, whose fife and
work are a refutaion of some of the cyni
cal. mischievous, counterfeit theories that
tno often are circulated toda' as 24 «ara’
truths.
WEEKLY WEATHER REPORT,
Washington. June 4 Mean tem- i
neratures were from 1 to 4 degrees abo\pl
normal generally over cotton belt except
there was a slight deficienev ,, V er th* I
north central pdrtion Weekly mean tem
peratures ranged from 68 to sn over -Im ;
eastern, fron
and from to 8t over th< western pot
tions of the cotton-grow ng states The
highest mean temperature. 84 degttes
occurred at Del Rio, Texas
Precipitation occurred generally through I
out the cotton region, except that over a 1
large area in northwest Texas and south- ;
west Oklahoma and a small area in north I
central Arkansas, there was no rain. The
rainfall was unevenly’ distributed, but t '
was generally heaviest in southeastern I
Louisiana and lightest in Okla onia More
than 2 inches occurred in parts of Texas
Arkansas, Louisiana Mississippi, Ala
Kama. T« nnessef, < Jeor gia F lor Ida
South Garolina. The greatest weekly
amount. 8.90. occurred at Donaldsonville
l La i
Louis B. Magid & Co.
Investment Bankers
1014-1034 C?nllur Bijilflin’, Al aM Phon’S lv/ 4458 4453
_
i‘ NEWS AND GOSSIP j
Os the Fleecy Staple
• From Hayward Clark *
NEW YoRK. June 4. Carpenter. Rag 1
got A Co McEacklen was said m be !
g"«»d buyer of July and seller <«f October ,
W ilson sold October.
Dallas. Tex., wires ’•'Texas, western I
portion clear, balance generally cloudy; |
raining at Galveston and Houston. Dal
las foggy and damp Oklahoma, general- J
ly clear and pleasant."
T. H. Price issues a special report giv- j
ing thme composite average of the five,
private reports, which shows an acreage!
reduction of 7.4 and (•■•ndit’on of 78 6. in- I
■Heating .1 crop of 12.778.000 bales, assum- ’
mg conditions from now on to be same as I
last vear Consider this report extreme- I
ly bullish
Riordan a big buyer, said t<- he for
Pell and Memphis, and it looks like one I
buyer against the field
Warehouse stocks in New York 'Tuesday ,
I 39. 1 4‘*; certificated 118.542.
NEW "RLE\.\S. June 4 Hayward \-
Clark: The weather map shows fair in
west 'Texas and Oklahoma, partly cloudy
tn cloudy elsewhere; light to moderate
general showers in east Texas, central
and Easetrn stales: heavy in Brownville,
Tex . anil Ma«on district in Georgia. In
dications are for clearing tn the western
and central belt, probably more show* is
in the coast districts of the Atlantic
states.
DAILY WEATHER REPORT.
Atlanta. Ga.. Tuesday. June t:
Lowest temperature 34
Highest temperature 78
Normal temperature 74
Rainfall in past 24 hours, inches .07 I
Fxxcess since January 1. inches 10.34 j
REPORTS FROM VARIOUS STATIONS
Stations- Weath. .Temperature R’fall
7 Max 24
I [a. m. ly’day.lhourg
August a gl hi. d 72 .68
Atlanta . Cloudy 68 8R .06
A1 lant ic < Tty ("lomiy 70 82
Anniston . < 'lomiy 72 .36
Boston Pt chly . 76 Rl
Buffalo .... cloudy 58 64 .. .
Charleston ... Pt.ckly. Ku R 6 .
Chicago Clear 60 86 .32
Denver Clear s*» fin ....
Des Moines... Clear 56 76 I ....
I ‘ninth . . Cloudy 12 66 ....
East port ... Cloudy 42 66 ...
Galveston . Raining 24 76 1 .54
Helena .. . Pt.cldy . 46 70
Houston . . Cloudy 70 .02
Huron l T"udy 48 <0 . .
Jacksonville . Pt. cldy. 78 84 .42
Kansas <‘ity.. Clear 62 88
Knoxville . cloudy 70 81 .01
Louisville Pl. eldv. 72 82
M aeon • ’lomiy 74 1. 1 4
Memphis Cloudy 68 82 ■ ■ .
Meridian Cloudy 70 .16
Mobile Clear 80 86 .04
Miami ('lomiy 80 86 .80
Montgomery . Clear 76 88 . . ..
Moorhead Clear 4R 68 •••
New Orleans. Cloudy 78 90 ....
New York. . (’lomiy 70 8" ....
North Platte. Cloudy s'» 71 , •••
Oklahoma . . Clear 66 90 1 ....
Palestine ■ Cloudy 6R 82 .12
Pittsburg Clear 66 78 . ...
P’land . oreg. clear 56 76 ....
S. Francisco Clear 54 B‘*
St Louis Clear 64 86 | .01
St. Paul Clear 52 66 ....
S. Lake City. Clear 56 78 ' ....
Savannah Pt. chly 80 • • • •
Washington ' Toudx 68 • ■ • •
• ■ VON~HERRMANN Section Director.
NEW YORK GROCERIES.
NEAT’ YORK. June t Coffee steady.
N. 7 Rin spot 14‘fNo 14’b Rice firm, do
mestic ordinary tn prime l\l/s\. Molas
ses steady: New Orleans open kettle 351/
45. Sugar raw easy: centrifugal 3.985.
I muscovado 3.485. molasses sugar 3.2.'Li, re
fined steadv. standard granulated 5 25. cut
loaf 6. crushed 5.90. mold \ 5.60, rubes
5.45 powdered 5 30. diamond A 5.20 ; con
fectioners A 5.05, \<i I 5.05, N<> 2 5. No.
3 1 9.5. No. 4 4 9"
< weaker whole milk specials 13•■•4
1/11 whole milk fancy 13' 2 .. skims spe
cials IUI/11’,4- skims fine 9\ 1/ I<>»._.. full
skims 71/ 7’ <
BUTTER. POULTRY AND EGGS.
NEW York. June t. Dressed poultry
stead' . turkeys 131/22 ' Pickens 17’o1/30, |
fowls 11 ’-A/ - f.. ducks 131/22. geese 1 11/ I
16 Live * poultry nominal, prices unset
tled-
Butter firm: creamery specials 2i4/2 ( 't.
creamery extras 264/261.,. state dairv
‘tubs! 22 bid process specials 254/25’ 2
Egg- stead' : nearby white fan, ' 23 bid. 1
nearby brown fancy 2' bid, extra firsts
Jit. asked, firsts 18 4/ 19’2
ATLANTA LIVE STOCK MARKET.
I (By W. H. White. Jr., of the White Pro
vision Comoany.)
Quotations based on actual purchases
during the current week:
• ’Poire ti good steers. 1,000 to 1.200. 575
medium g"'’d steers. 700 to 850. 5.001 r)
.* 50; good to < hq:< e beef ' ows. 800 to 900.
4.50175.00. medium to good href cows. 700
tn son. 4 254/ 1 U go. d to choice heifers.
750 t-< 850. 4.251/5.25 tnedium to goo<|
heifers, 650 t«» 750, .3 <.G/ 1
The above represent ruling prices of I
good quality of beef rattle Inferior I
grades and dairy types selling !nw*r
Mixed common steers, if fat. 7no » o 800.
I 25T; t 75 mixed common cows, if sh?
tn son. 4 nni/ 1 .’3. mixed common bunches
to fair. 600 to 800. 2 75'0’3.50; good butch
er bulls. 3 251/ 4 on
Prime hogs. 100 to 200 averagr. 7 401/
7.60; good butcher hog<. 140 to 160. 7 204/
7 40; goo<i butcher tugs. 100 t<< 140. 7 nni/
7.25. light pigs 8(> to 100. 5,501/Hr; heavv
i-Miigb l."gs. 200 |<> 250. 6 5017 7c
Above quotations apply tn corn-fed
hogs Mast and peanut fattened hogs, KU
I’Ac and under
('attic receipts light Market steady <«n
best grades. Several loads of mixed cows
irregular in weight and condition were
in the yards this week and sold at pri<‘es
about a quarter under a week ag<«
Only one car of steers were in the
yard, this week, which were shipped by
| A \ Brown, ‘ f McDonough. Ga.. this he
1 ing Mr Blown’s second load of fed steers
J <m the Atlanta market during the month
■•f May He 'easily topped lhe market)
again this week and is well pleased wi’h
the results of this season s feeding.
Hog receipts normal, market a sha<io
lower than a week ago
ATLANTA MARKETS!
— I
EGGS, l-re-ri country candled, 174/18*’
BUTTER Jersey and creamery, in lib
1 bhu hs, 20%4/25e. fresh country dull. 1° |
12’ -•■• per pound
fee; m-. pc/ p«/und Hens 164117 c. fries.
' ?547 27c Roosters. p 4/10c Tin kej'f. Ow
| Ing to fafrwss. 184z20r
LIVF7 POULTRY Hen«. 4 n 47 45r, rno«t- |
Ic’ J.’>'/.'U* fries. .”04/56c , broileu u 204/ I
's' . puddle ducks, 254/ 30c. Pekin du< ks.
■ ‘047 45< g'pse, each; turkeys, ow
! ;r;g tfa ; m-ss. i i d i .’><■
FRUITS AND PRODUCE
FRt IT AND VEGETABLES -Lemon*
' fam y 1 ’.504/ 5.00 per box Florida
cra riges $3.004/3.50 per Pox. Bananas.
|34/.;'., per pound Grape fruit. $5.004j
i 6 ; 00 per crai>- Cabbage. I 47 2c per pound.
Florida cabbage. $24/ 250 per crate Pea- :
| nuts, per pound, fanev Virginia. 6’{.(97c ;
choice, 5'_,4/6r Beans. round green j
''■l .o<»4/ t _*s per crate Florula celery.
’■2 001 ~0 per cral'- Squa-b. yellow, per
I ••.x - basket crates $1,254/ 1.50; lettuce,
fancy. $1.254) 1 50 ; r-hoice. >1254/1.50 pell
era.#* Bee l -. $3,004/3 50 per barrel f’u
i cumlxo - >1.254/1 50 pci ( rale. English I
pea- per drum. $1 Ofu*/1 25. New Irish po
i.iioc- pts barrel. $4 004/t 30 per barrel
I Sira w herries, 7 >/ 10c per quart
COTTON STffl ’
DESPITEREPORT
Government’s Statement of the
Condition of Crop Has No i
Effect on Market.
NEW York June 4. ’There was an
expectancy in the cotton marker at the
opening today. Prices were 1 to 2 points
higher. The market was chiefly in
fluenced by spot dealings, while traders
held aloof until after the government re
port a t n< m»ii
Futures were quiet hut steady in Liv
erpool.
The condition at 78.9 was little below
ex pec at ions. However, the ring crowd
made an effort to sell market down and
was only stopped when Riordan became a
god buyer, taking all offered They enn
tinned to sell on the way up and were be
lieved t<» be short by balance now At
2 "dock Strong people seem to want rot - [
ton on depressions; therefore, any decline
of eonso<iuence is not expected.
At 2 o’clock prices on the active posi-I
tions range 4 to 5 points abov» the previ- *
ons close.
\1 the <losc the market was ' ery steady
at 7 t<» 10 points over the closing quota- i
tions of Monday. I
RANGE IN NEW YORK FUTURES
C , £ I w i * I > «
lune .... 11 94-ns 10.86-88 I
llllx 11.02 11.12 10 96 1 1.08 II 08-09 11 00-»l I
Vug. II nu 11.09 11.00 11 07 11 12-14 11.05-07 I
Sopi 1112 11.12 11.1211.12 1 1.21 -2.1 11.12-11
Oct 11.21 1 1.10 I 1.1 I 11.28 1 1.28-29 1 1.19-20 '
N"V 1 1.2.1 1 1.29 11.2.1 11.29 11 112 33 I 1 22-24
I I I .30 11 38 11.24 11 36 11.35-36 11 28-29
Jan II 23 11.35 II 20 11.32 11.32-33 It 22-23
Keb. 11 36-38 11.36-28 i
Meh 11.32 11 16 11.32i11.16 1 1.44- 16 1 1.34-35 I
Ma> 11.38 11.38 1L37 11.37 11.48-50
t’lpseil barely steady.
Liverpool was lower to ’? higher 1t :
opened steady Hi'S 2'j higher, at 12:15 ;
p nr was stead' higher Spot I
in moderate demand at 2 points higher. |
middling. 6.36: sales. 7.000; speculation
and export. 500; inchiding 6.700 American.
Imports. 10.000; American. 4.400.
\t the close the market was quiet at
I'o 2 points advance o'er Monda> s finals.
RANGE IN LIVERPOOL FUTURES.
Futures opened quiet and steady
Opening Fre».
Range 2 P. M Close Close.
Juns . 6.14 -6.15', 2 6.16 6.15 6,13
June-July 614 6 14’j 6'15’2 6 14' a 6.12'2
July-Aug 6 16’2-6.18 6.17 6.17 6.15
Aug Sept 6.18 -6 ISI.J 6 181., 6 17'. 6 16'2
Sept.-Oct 615 -6.1414 614’.. 6J4 6.1254
Oct.-Nov. 6.13 612 6.12 6.12 6 10'4
Nox -Dec. 6.12 -6 I1' 2 6.11'-, 6.11 6.09'2
I'ec Jan 6.11'2-6.11 6 11'., 6.10'., 609
Jan.-Feb. 6.12 -6 11',. 6.11 " 6 |O> 2 6.09
Feb -Meh. 6.12'2-6.12 612
Meh.-Apr 6.1 I'2-6.13'2 613 6.12'4 6.11
Closed quiet.
HAYWARD & CLARK'S
DAILY COTTON LETTER'
NEW <»RLEANS. lune 4 Liverpool
■amp about 4 points better than due on
futures and spots 2 higher, sales 7.000.
The strength ma' bp explained by yes
terday s cables say ing the market feared i
a low bureau, our market opened a few I
points higher tn conform tn yesterday's j
New Y<»rls and ruled steady around 11.2”, j
for (‘ctobcr. Trading was small owing ■
tn unusual uncertainty in regard to the |
governmenl condition publication al 11
o'clock Sellers are particularly scarce. I
as the tendency was to look for a low j
bureau figure Spot holders say a good !
oxi" t t ilemand developed locally Satur
Jay ami still continues and hut for the
pool outlay on factors' tables a larg**
Imsiness would be done.
Th< bureau report at 11 o’clock gave
78 9 as the average condition for the belt
<>n May 25. which compares with 87 8 last
'ear and 82 in 1910 This condition was i
somewhat Higher than expected and led j
Ito selling right after the publication, but
there seemed to be many buying orders
placed for the emergency and prices re
; • overed right away.
' New York reported Mitchell. Riordan
and (’raig the best buyers, showing that
hull interests in New York intend to
keep full control of the market The
weekly weather report is favorable ex
i <*ept f*»r a part of northwest ’Texas, cen
iral and southwest Oklahoma, where rain
is said in be urgently needed.
RANGE IN NEW ORLEANS FUTURES.
I* I f j Is? I 1 si
I O ; E bJ IJCC | Q LU
JuR ' IL6B 11 79 11 W 11 77 II 7«-77 11 fi.TM
Aug 11 SG-5R 11 47-49
Sept 11. 43-*5 11.33-35
(tel 11.32 1141 11.25 1 1.39'11.38-3911.28-29 1
Nov 1 1.39-41 11 29-31 I
Dec 11.3 K 11.42 11.27 11 11 1 1.40- 41 1 1.30-31 I
Jan 11 39 11 43 11 39 11 39 1 1.45-46 11 33-34 I
Feb 11.47-49 1 1.35-37
Meh 11 47_ I£i ■' J_L *7 1147 1 1 52-53 11. 4 2-J 3
I (‘losrd steady
SPOT COTTON MARKET.
Atlanta, steady : middling 11’,/
New York, quiet, middling 11 45
New Orleans, quiet; middling 11 \
Liverpool, easier, middling 6 ,34d
Savannah, quiet; midriling ll’i
Augusta, quiet; middling 12c.
Mobile, steady; middling 11’4
Galveston, quiet; middling 119-16.
Norfolk, quiet; middling 11
Wilminglon. nominal.
Little R ak, quiet; middling 111;
Charleston, nominal; middling
Philadelphia, quiet middling 11.70.
B<»ston. quiet, middling 11 45
Baltimore, nominal, middling 11%.
Memphis, steady, middling 12c
Si. Louis, quiet; middling 11%.
Houston, steady: middling 11'«
PORT RECEIPTS.
The following table shows receipts at
Die ports today compared with the same
da> last year;
I 1912. | 1911
Now Orleans. . . . 237 966
< Jal' f ston 2.5,55 1.876
Mobil- 196 102
Savannah 896 998
charleston <
Norfolk 167 317
Boston. ... 4
Yariou s 12
Total 4.059 4’271’“"
INTERIOR MOVEMENT.
' j IM2 r 1911
(24 317
Augusta 174 5
Memphis ... 1.04-3 351
St f.outs ... 342 677
< ’in« Innall . . . ?66 184
!_±" !r
~Tot;il . • 2 349 LS6R
l
COTTON MARKET OPINIONS.
Hayden Stone & ' " The short side
looks to be the best
Stornbergor. Sinn & 'Unless the
I report is higher than 78. we do not look
lor much < t f break
l'» ll X- ('o Purchase cotton on <Je-
< lines
I
NEW YORK COFFEE MARKET.
Coffee • qi.ota iionft:
"p-ntng ■ Closing.
Jatinaf ’. . ' T: t',6-,s
Kobriiarv . . . ' : s»'o Ts> 1.T. ; ..‘.'q i:i 57
Mar.J . . . L'l It 57 1.1.57'fi 13 58
Xj.fil ... 13 J">| 13 6n 13 579, 17, 59
M;,> .... ' ’’ 78-q 1.7 59
Lino . . ’ Lt |3 31 I
till, ... ' I 25J, 1.3 .72 13 71'r, 13 3«
A.t , '■■•fl 1 ■ 15 1 ■: < 1.7 <(
' 1 • ■ ’6 ' I ■■"'•> ' 3 51
•». » <i-/ 1 ~• 3 y ~ 1•_ s t
a..- .0 / 1 • • - 1A
I-k t .I r n • S
I • 1 '*HJ alf . .’/• .no Im
II THE WEATHER 11
Conditions
WASHINGTON. June i ’The in<li< a .
I tions are that there will he showers to-
I night »>r Wednesday over the Atlantic]
] seaboard and in the east gulf states, while i
in the Ohio valley and the region
’the weather will be generally fair tonight
'and Wednesday.
The temperature will be somewhat low ■
: er tonight in the eastern portion of the
I lake region and the Ohio valley and Wed
nesday in the middle Atlantic and New
I England stales
General Forecast.
Virginia Probably showers tonight or
Wcdnes<iay morning, followed by fair ami
somewhat cooler Wednesday
North Carolina South Carolina. Geor
gia. I’lorhla. Alabama and Mississippi
Local showers tonight or Wednesday.
Louisiana and East ’l’exa< Unsettled
with showers tonight or Wednesday
Arkansas. Oklahoma and East 'Texas
Generally fair tonight and Wednesda'.
TOBra STOCK
RISES I POINTS
I ~
Accumulation [. .Aleut in Read
ing-Substantial Gains in
Many Issues.
By CHARLES W. STORM
NEW Y<»RK. June 4 Pronounced
'Strength was shown in a number of I
departments at the opening of the stock !
market today. American Tobacco ad- ,
■ vanepd 2 points tn 288. a new high record
: for that issue since having been listed
i The railroad and copper groups were,
[also particularly firm. Amalgamated be
ing up to •%, and Smelters up. I
I There was very little suppl', while the!
demand was insistent Union Uaiificl
: was > 2 higher. United Stales Steel com 1
mon L. Erie common 1 ,. Erie preferred ]
IL. Pennsylvania and At-hison L and t
I Reading 1%. Lehigh Valley \. Missouri
1 Pacific \ and Canadian Pacific ’ 2 to %
’The < urb market was firm
I 'mericans in London were steady.
A strong tone was maintained In the •
late forenoon and substantial gains were,
made in any issuer. A large part of the
buying was covering of room shorts, the l
demand from this source being most no
ticeahlp in Steel and Union Pacific \c
cumulation was evident in Reading.
American 'Tobacco continued its up
ward movement, making a gain of 2
points
Business became less active after mid
day. although there was no evidence of 1
weakness. Prices shaded off slightly from
the highest in the late trading. 'There
were fractional recessions in nearly all of
the important railroad stocks, while sonif
of the Industrials and spei ialties felt the
result of the profit-taking
'The market closed steady
1 Governments unchanged, other bonds 1
steady.
I Stock quotations
j I (Last|CHs IPrev
STOCKS— IHighlLow ISlueJ Bid Cl*M
Amal - 83%
Am. Ice See 26’- 26% 26% 26 26
Am. Stig Ref pjß% 126% 127%J28 1261,
Am. Smelting 84’, 83 84 8 | 82’,
.Am Locomo . .... 41 % 4(>' h
; \m. <’ar Fdy 58» 2 sß\’ 58b, 58G 57%
’ Srn ’ ’ol (>il . . 53 % 53’,
Am Woolen 28 28
I Anaconda 43 12 7 H 43 42% 42%
Atchison 106% 105 3 m 106% 106% 105%
A. C L 139«2 138%
Am. Can . 36% 35% 36%' 36% 35%
do. pref 117% 116% 116 % 116% 1I 6 ’
Am Beet Sug 69% 69 69% 69% 68%
Am. 'l', and T 145% 145%
Am Agricul 61 60'..
Retb Steel .37 36% 36G ! 36% 35%
B R T 88 87% R7% 87% 87%
R and ’ » 108 |og ins 107 - 4 107%
Can. Pacific 267% 266% 266% 266% 265%
• «’orn Products 15% 15L, 15- M 15% lt c
IC. and C>. 78% 77% 78 78 77%
Consol Gas . 141% 141% 111% 141% 141
(’en I >ea t her 24 % 24 •% 21 % 24 2I %
Unlo. F’ and I 28 27
(Join. South 38 39
D. and H 168% 168% 168%'167%'168
Den. and R G.l I 19 19
Distil. Secur. 32 31% 32 32 % 31’%
Erie 35% 34% 35 34% 31% .
do. pref 5251% ! 52 51% 51% .
Grn Electric 169% 168% 169'., 169 167 %
Goldfrdd Cons. 4% 4% 4% 4% 4% i
G. Western 17 17
G North . pfd. 133% 133% 13.”.% 133% 133
G North. (Ire . 42 41 % 42 11 % 11 i
Int. Harvester 122% 120% 122% 121% 119% ]
111 Central . 126% 126 126% 126% 126
Interhoro . .... 20 19% 20 19% 19 \
do, pref . * 57% 57% 57% 57'2 57%
lowa Central II 11
K (' South . ' 25 21% 25 24% 21
K and T . . . 26", 26%
i do. pref . .. . . 58'/•> 58%
i L Valiev .1 72 171 172% 172% ’70%
I L and N 158 157 157% 157% 156'..
|Mo Pacific. . 39% 37% 38% 38% 36%
N V Central 118% 118% 118% 1 18% 118
Northwest 136 135%.
Nat. Lead. . 57% 57 57% 57 57%
N ami W . 110% 110% 110'., 110% 110%
No. Pacific. . 119% 1 18% 1 19% 118% 118%
<r and W , 36% 36% 36% 37 36%
Penn . . .123% 123% 123% 123% 123%
Pacific Mail 33% 32% 33% 33% 32%
P Gas Co 113% 1 12% 113% 11.3 1 -. 112%
P Steel Car . 34 31 34 3 1 33%
Reading. . 168% 167 167% 167% 166%
Rock Island . 25% 24% 25% 25% 24' s
do pfd . . 51% 50% 51'.. 51% 49%
R I and Steel 24% 24 24% 24% 23%
dn. pfd. . 80% 86 80% 80 79%
S.-Sheffield. 50 48
So. Pacific 109% 109% 109% 109% 109
So. Railwav 28% 28% 2R% 28 29%
do. pfd . 74 73% 74 74 % 73%
St. Paul . . 105 101% 194% 104% 104%
'l’rnn <’upper 45 44% 44 1 •» 14% 43%
Texas Pacific 23% 23 23 23 22%
Third Avenue 38% 38
Union Pacific 168% 167% 168% 168% 167%
U S Rubber 64 63% 63% 63 63
Utah ('oppet 63% 63% 63% 68% 62%
U S. Steel . 68% 67% 68% 68% 67%
d<-. pfd . . 110% 11<l% 110-% 110% 110%
V.-C (’hem. . 51% 51% 51% 51% 51
West Union 82% 82% 82% R 2 82
Wabash . . 7% 7% 7% 7% 7 . i
do. pfd ... 18 17% 17% 18% 17% ■:
West Elec. . . 71 •% 71 |
Wis < ’ent t al. . . . 54 51 %
’A Mar■ la nd , 58 58 • 8 58
Totafsales. 309.000
MINING STOCKS.
R<»ST»>N June 4 Gpening: Franklin.
12% Calumet and Arizona. 74%. Rnyalo.
■9 Rutte Superior. 40; ('alumet ami
Hecla, 198; Daly West. 6
LOCAL STOCKS AND bonds
Rid A«k e 4
Atlanta MTest Point R R.. 14* 145
American National Bank ?*5
Allantic Coal A- ’re common. 101 jpo
Atlantic Coal Ar Tee pref 9J gg
Atlanta Brewing Ar Ice C 0... 175
Atlanta National Rank . 325
central Rank A- Trust Corp jrp
Exposition Cotton Mills. ... BM
Fourth National Bank 245 25n
1 Fulton National Bank ... ’25 fan
Ga Ry. «Sr Flee, stamped . 124
I Ga Ry & T >ow Co . common 28 31
do. Ist pfd 80
do. 2d pfd 42 4|
Hill ver 'Trust Company 125
I owrv National Bank .... 248 250
Realty Trust Company log I]o
Sixth Ward Bank 9914 JOl
Southern Ice common 71 72U
Third National Rank, new . 205 210
Trust Co. of Georgia 225 235
> Travelers Bank A- ’Trust Co . 125 ]2j I
BONDS
Atlanta Gas Light Ist 5s 101 '.. for,
Georgia State 4%5. 1915 .... ]Ol joj
Georgia Midland Ist fin gj
(ia. Ry Ar Elec. Co 5s 101
Ga Rv A- Elec ref 5s .. 93 99% ]
Atlanta ('<»nsolldat*»d ss. 102%
Atlanta City 3%5. 1931 91 u?G |
I \tlanla CHy 4%5. 1921 .. 102 1(»3
Southern Bell 5a
NAVAL STORES.
yS \ \NN \t| G A Jll nr 1 ’I tirpcn 11 r>e !
firm '■• ’ 1 < '..<!« ' e.; ■ • r>. npl 27
fjoci n firm I r< C pf ’ 188. na' el white
t: .n gig-* 1. :.(• G :m ■
t; . t< 1 t. :O. c . : t h
t •. t; ' ” 1 t. . •■•»;;. r
th su i . u nor, m , r A : . , n (/jn
Fffl ffIEME
HOLDS WHEAT IIP
Spots Show Net Advances of
1 -4 to 1 -2 Cent—Corn and
Oats Higher.
ST. LOUIS CASH QUOTATIONS.
Wheat N.>. 2 red 116U-&U7U
’’orn 75 76
Gats 52%
• HI(’AGG. June 4 According to a
private cable received on the board of
trade this morning. Proctor &- Co. who
are known all over tlje world as the
largest <• i f grain nouse in the United
Kingdom, are temporarily embarrassed
There was a stronger market In wheat
! here, with fractional gains on the small
] receipts at lie Northwest, coupled with a
j rep »rt credited t<< the Burlington road,
saying that wheat has deteriorated along
that lino in Nebraska from 9 to 30 point®
during tlm week
Corn %c lower on selling by longs and
in crease, J receipts.
<»ats were otr %c along with the other
grains
Ilogs products were a shade lower on
selling by longs.
There was a firm undertone in wheat
at the < lose today and resting spots
showed net advanc es of %c to %c While
there was heavy selling in the wax of
securing profits by some of the larger
interests, the buying was equal thereto,
('ash demaml was small, with sales of
only 57.600 bushel.-.
Corn closed with gains of %e tn 1 %r on
j good buying by oats shorts and Invest-
cats were up %r to l%r and quite ar-
I live
(’ash sales of <-»,rn were 276.600 bushels
ami oats 815,000 bushels •
Provisions were fractionally lower, fol
lowing a rather unsettled market
CHICAGO GRAIN MARKET.
Wpen Hlrh. low Close clo’l'
WHEAT -
July i i" t.ll t.lO I.tnu t 1014
i Sept I,oll'. I 06-,. 1.00 1 OK\ 1 Ofi
lie.- 1 on', 1.07 ! ,oo , I o«'„ 1 not,
I CORN - ‘ ‘
Jul.’ 72% 71 TT’. 74 72%
I Sept. 72 7.'!', 71% 72% 72
il'f
OATS
| July 49% 50'.. 49% 50% 49%
Sept 41% 12 ' 41 % 12 ' 41%
He* 41% 43 12% 42% 42%
PORK
Jly 18.72% 18 90 IS.KJG 18.62% 18 75
Spt 18.80 18.95 18.72'- IS 72% 18 85
uARD -
Jly 10.92% 10.95 10.82% 10.82% 10.95
I Spt 11.07% 11.15 11.00 * 11.00 " 11.12%
Get 1115 11 .22%. I. 10 11.10 1117%
RIBS -
Jly 10.50 10.52% 10.40 10.40 10.50
Spt 10.60 10.65 10.52 . 10.52% 10.65
CHICAGO CASH QUOTATIONS.
'TII(’AG<», June I Wheal No 2 red
Isl 12%4/1.13%. No 3 rod $1 104/1.12%. No
I 2 hard winter <1 11%4/I 13. No 3“ hard
| winter *1 09 '..4/ 1.11%, No I Northern
jsprlng *1,164/1.19. No 2 Northern spring
$1 J 54/ 1.18, No 3 spring $ 1 094/ 1 15
• orn No 2 71%4/.75%. No. 2 yellow 75%
4/76. No .”, 73%4/74. No. 3 white 784? 78%.
No 3 yellow 74%4/75. No. t 7047 72. No. 4
white 75%.4/76, No I yellow 704/ 73
(»ats No 2 w hite 53% 4/54%. No 3
white 52 4/53. No 4 white 5(D»47 52, stand
ard 52 %47 51
CHICAGO CAR LOTS.
hollowing are receipts for 'Tuesday and
I estimated rreojp's for Wednesday;
(Tuesday. 'Wednesday
' Wheat■'29 20
I Corn G3O 573
'"ats HO ' 113
I Hogs 12J100 17,0n0_
LIVERPOOL GRAIN MARKET.
Wheat opened %d to %d higher: at 1.30
p m was %d higher Closed unchanged
t<> %d higher.
Corn opened %d lower: at 1:30 p m
! was %d lower on September and %d
j lower on July Closed %d to l%d lower.
LIVE STOCK MARKET.
Chicago. June t Hogs - Receipts.
i 12.060. Market 5c lower. mixed and
I butchers. $7,154/ 7.65. good heavy . $7 504?
I 7.65; rough heavy. $7 104/ 7.45; light. $7 05
*4/7.55; pig. - . $5,104/7.00. bulk. $7 45417 60
(’attic Receipts, 2.500. Market steady:
beeves, $6,004/ 9 10. < uws ami heifers. $2.50
4/8.10. stot-ker- and feeders. 85.0047 6 75;
Texans 6.504x8.15 calv< $7 50l?8 75
Sheep Receipts 13.1)00. Market steady
to 10c lower, native ami Western,
6.75; lambs, $5,754/9.10
COTTON SEED OIL.
NKW YORK. June 4 Carpenter. Rag
got A- (’" There was an active liquidat
ing movement and after opening at a de
cline of 5 to in points, prices showed fur
ther weakness with active selling by
longs ’There was no-particular change
in the news, but lard was steady, and as
the demand was slow, bears hammered
vigorously.
Cotton seed ofl quotations:
1 Opening, t Closing
Spot ' 6.80'9 7.17
June 6.854/ 6.96 6,83416.92
.July 6,964/ 6.98 6 94416.96
August7 084/7J19 7.044? 7.07
September ... 7124/ 713 7 15'9'7.17
(htober ... 7.124/ 7.13
November ... 6’;t 4/ 6.72 6 hR4/6.73
December 6 (.0 4/ 6.62 6.61 4? 6. ..2
fW’fl stead'-, sales 13.700 barrels.
|| Atlanta Audit Co.l ?
Public Auditors
and Systematizes
ATLANTA and TAMPA
I
—.
(Ol
Temporary Investments
One of the advantages of Certifi
cates of Deposit issued by this bank
| is that
They afford a safe and
profitable way of invest
ing funds for which you
have not immediate use.
Such funds, or a stated amount
i regularly from your income, placed
here on Certificates of Deposit, will
conserve your capital and increase
| your income.
Interest begins when deposits are
made.
AMERICAN
NATIONAL
I BANK
I' -
17