Atlanta Georgian. (Atlanta, Ga.) 1912-1939, June 06, 1912, HOME, Page 17, Image 17

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WALL STREETII75 7 MIGHTY FICKLE Optimistic One Day, It’s Down in the Valley of Pessimism the Next. By B. C. FORBES. NEW YORK. June 6. -If you have never breathed the air of Wall Street ' you can have not the faintest idea of how important every little fluctuation in the stock market is—to those on the* spot. If you live a hundred or a thou sand miles away, you realize that the sun does not rise and set in the New York stock exchange. Wall Street has been enjoying itself this spring, its hopes and its quotations have soared. This, too, in spite of much turmoil and not a few concrete discour agements. But on Friday of last week prices tum bled. Some stocks went down at the rate of a dollar an hour during the great er part of the day. And mercurial Wall Street suddenly lost its buoyancy. The heavens were surely gning to fall. Now, a calm study of the things that gn to create genuine prosperity does not justify this transformation in sentiment. If conditions justified high prices for stocks a week ago or a fortnight ago. they should not cause a break now. Agriculture, trade, the money market find the weather are all doing very nice ly, while politics are today no worse than they were—a beautifully indefinite state ment. admittedly. Why, then, the severe relapse in stocks'’ After careful investigation in the right quarters, here is the explanation ob tained : Margin Traders Attacked. The upward movement in stocks has not had general support from the strongest interests. The greatest gains have been made in low-priced specialties. Many margin traders have been attracted. Success em boldened them to wade in deeper. A raid by- operators not committed to the boomlet frightened weak holders, and they scurried from the scene at any cost. Rumors of financial difficulties, of the possible embarrassment of individuals or firms or institutions were not counte-j nanced in responsible circles. From an “inside” source this assurance was ob tained: “Banking trouble is out of the question. Monetary conditions are sound The fluctuations in stocks are being taken too seriously. They do not represent the very important developments sometimes ascribed?' So, if you read that the stock market is getting excited, do not conclude that anything, terrible has happened. ’l'he truth is that many financiers of keen judgment have not been in any way responsible for the spring advance in stocks These authorfties have simply stood pat. Others, however, especially one nr two speculative coteries, have gone ahead enthusiastically, ignoring unfavor able happenings, nr. when that was im possible. belittling them. Elements For a Big Scare. To’ some extent Wall Street has been whistling to keep its courage up. Quite probably the whistling will stop and feme sound less cheerful will take its . place before November I A political scate in the stock market is one of the usual accompaniments of a presidential campaign And certainly there are not lacking on this occasion elements for a full-blooded, old-fashioned outburst. A queer incident has happened. One of America's ablest international bank er's. a power in the railroad world and a man of wide influence, has completely turned his political coat. He used to be a fervid opponent of Mr. Roosevelt—not without special reason in his case. Now he wants tn have Mr. Roosevelt elected president. Here are his reasons: Mr. Roosevelt is the only man in the United States able to handle and guide the revolutionary spirit that has taken possession of the country. Elect a conservative president, and the "have nots" would before long get be yond orderly control. The experiences of Great Britain Is a warning to America. The people must receive greater consideration, more generous treatment than in the past. If they do not get it. they are likely, sooner or later, to rise up and try to take it. Roosevelt can placate them better than any other American. Oh. yes, capitalists are not living in a fool’s paradise. They are not without serious thoughts these days. They are rot oblivious to the world-trend toward a fuller democracy. Some of them —un- fortunately quite a number of them still want to kick against the pricks, to defy ' the tendencies of the age, to act with an Iron hand and an unsympathetic heart But eyes are being gradually opened The stern facts are coming to be realized. “What is to be done about it"" is the question much pondered by men- of large affairs Each Triumph a New Nall. So, therefore, the financial world is not as’ indifferent tn current political events as surface indications would lead the public to believe Each triumph of Mr. Roosevelt is picturod as a new nail ham bored into the coffin of conservatism f Capital does not like it of that have no doubt. But capital, like Hip rest of us. must strive to make a virtue of necessity. Whatever* can not bp cured must be en dured. Wo must needs adapt ourselves to circumstances. | With this in mind, does not the inci dent here related take on very deep sig nificance? In > ’her directions progress can be notetl The weather has been distinctly k more helpful to the growing crops, it has L revived courage both South and West, it I has stimulated retail trade, encouraged F building operations ami had a sentiment al influence all over. The steel boom has filled up the mills with orders, hut at low pricos. so that profits may continue small for the greater part of the year. Copper continues to rise: unless this movement is kept within bounds con sumption will be Injured and fresh trou hies may accrue 1 Investment is slow This single fact suggests that financial leaders are acting cautiously pending more definite ideas as to bow agriculture and politics are to , turn out. Mrs. W. H. George. The local chapter of I’nitod Daugh ters of the < ’confederacy have charge of the funeral of Mrs. W. H. George. 45 years old. who died at her country home at Mining- Hill yesterday. Mrs. George was a m*m,ber of that organi zation for a number of year*. The pprvlcec will, be held at the city home. 156 East Pine street. ! corn club boosters GOING TO FIELDS TO INSPECT BOYS’ CROPS A three days trip by automobile that will take in many of the boys corn clubs between Atlanta and Athens is planned by the agricultural committee of the Chamber of Commerce for June 17 to 20. The party will spend com mencement day in Athens and will in spect the agricultural department of the university. The idea of the which has been promoting corn clubs in north Georgia, is to see exactly what the boys are doing in the fields and how their crop is growing. President Wilmer 1.. Moore of the chamber. Secretary W. G. Cooper. J | K. Giles, superintendent of the corn | clubs of this district, and a number of other members of the Chamber of Com- I meree have announced their intention of being in the party. The agricultural committee consists of H.i G. Hastings, W. H. Leahy, .1. E. Bodenhammer, T. R. Sawtell and Victor 1.. Moore, nearly all of whom will make the trip. The proposed trip is the outcome of a meeting of the committee when the work of the corn clubs was discussed. SAVANNAH TO HAVE A $350,000.00 MODERN HOTEL FOR TOURISTS SAVANNAH. GA. June 6.—That a modern tourist hotel is to be built in Chatham Crescent at a cost of upward of $350,0n0 is assured by a contract that has been signed between Savannah in terests and the Falls City Construction Company, of Louisville, Ky. M. P. Nicol, vice president of the Falls City Company, announces that work will commence not later than July 15. The contract calls for the completion of the work in twelve months. A meeting will be held this afternoon for the purpose of organization of the corporation that will control the hotel. The prime movers in the enterprise are Harvey Granger. Joseph Hull. W. W. Mackall and M. A. Obyrne. Applica tion for a charter will be made imme diately. Under the agreement Savannah must put up $225,000 in cash, the Louisviile company will put up the rest of the money and will accept as security $50,- 000 worth of first mortgage bonds and I tlie balance in second mortgage bonds. The subscribers will receive as security the balance of the first mortgage bonds, and all lhe common stock. DAUGHTERS INHERIT BULK OF MITCHELL PROPERTY Bequeathing the bulk of her property in Atlanta real estate, valued at approxi mately $150,000, to her two daughters, Clara and Leona Mitchell, the will of Mrs. Clara Mitchell, widow of the late J. D. Mitchell, was filed for probate in the Fulton court of ordinary today. The property bequeathed to the two daughters Is located at 107 Peachtree street, .18 Luckie street and 343 North Boulevard. Residence property at 144 East Harris. street, was left to her son by a former marriage. Arthur N. Rob inson. Gordon F. Mitchell, her stepson, and A. N. Robinson were named as exec utors by the terms of the will. THREE SUMTER CONVICTS WHO ESCAPED.CAPTURED AMERICUS. GA.. June 6. —The three white convicts. Harry Langdon. Luther Gloer and Barge, who escaped from th* Sumter county convict camp near Americus, Tuesday afternoon, have all been recaptured and are again on the gang. Langdon, the first one captured, was rearrested about twelve miles from the city yesterday afternoon, while the others were caught during the night. Langdon was shot down, though not seriously wounded. All three were sent up from Sumter county. Langdon hav ing a 20-year sentence for burglary. While the squad of fourteen white convicts was engaged in doing repair work, tlie three made a dash for lib erty and successfully made their es cape in Muckabe swamp. The three, under guard, had been sent a short dis tance into tlie swamp to cut poles when they took advantage of the opportunity to make their getaway. BLUE RIDGE JUDICIAL CONTEST WARMING UP MARIETTA. GA.. June 6.—Politics is beginning to warm up again in Cobb county. The chief interest is in the race for judge of the Blue Ridge cir cuit the present Incumbent, Judge N. A. Morris, of Marietta, being opposed by H. 1,. Patterson, of Cumming. E. H. <'lay. son of the late United States Senator A S. Clay, of Marietta, is a candidate for solicitor general of this circuit, opposing the present in cumbent. J. P. Brooks, of Alpharetta There are four candidates for two seats in the legislature from Cobb. They are J. P. Cheney and J P York present representatives, and J. Gid Morris and Dr. W. M. Kemp. So far Congressman Gordon Lee. of Walker county, has no opposition for re-election from the Seven'll district, and It is not likely that he will, GEORGIA OSTEOPATHS WILL CONVENE HERE TOMORROW Osteopaths from all over Georgia are arriving in Atlanta today to attend the ' meeting of the Georgia Osteopathic as- • soclatlon tomorrow and Saturday. I »r. ; G. M Phillips, of this city, secretary of ' the association. has been arranging r<»r i the meeting for the past several days. A number of addresses will be made during the meeting, among the speakers being Or P. H. Woodall, of Birmingham, and Dr. F M. Turner, of Savannah LIVE STOCK MARKET. CHICAGO, June 6. Hogs Receipts. 21,000. Market 5c higher, mixed and butchers, *7.05ft7.57; good heavy, $7.45ft 7.60: rough heavy. $7.00ft7.35; light, $7 00 ft 7.50; pigs, ss.loft fl. 95: bulk. $<.40ft7.55. Cattle Receipts, 3.500. Market weak: beeves, cows and heifers, $2.50 ft 8.00; stockers and feeders. $5.00ft6.90: Texans. $6.25ft 8,10; calves, $7 50ft 8.75. Sheep—Receipts. 8,000. Market weak; native and Western. ss.oo 'a fl.lo. lambs, $5.75ft 8 65. METAL MARKET NEW YORK, lune 6.—The met&j mar ket active today. Quotations: Copper spot and .Tune 16 50 ft 17.25 -hib . August and September 16.62 l ?ft 17.25 lead 4.20ft4 30, spelter 690 ft 7. tin 46 ft 16.43. THE ATLANTA GEORGIAN AND NEWS. THURSDAY, JUNE 6, 1912. EXCESSIVE RAINS SEND COTTON OP Good Buying Results From the Weather Reports—Covering by Shorts Helps Prices. NEW YttRK. June 6. -’l'he cotton mar ket opened steady today. First prices were up 2 to 7 points. Local support was renewed In consequence of the firm ca bles, and increased attention was paid to the weather on the idea that the east ern belt has not had more rain than it needs. There has not been enough rain over the Texas and Oklahoma belt. 'l'he market responded to bullish operations after the call, showing aw advance of from 6 to 7 points. The South is believed to have been good buyers today on excessive rains in the eastern belt and prospects for more. The uptown crowd were good buyers, causing a wave of covering by shorts. It is evident the ring crowd was short, and it is believed there is still a short •Interest which will cover on any unfa vorable conditions in the belt. 'l’he market was strong at 2 o’clock, with prices ranging 10 to 22 points above Wednesday’s closing. At the close the market was very steady, within a point or two of tlie day’s Lop prices, and 20 to 26 points above the final quotations of Thursday. RANGE IN NEW YORK FUTURES. j s * 15-:| TIF | O X U | Q S.C ■June ' 1 1 II 1.09-12 10.88-92 July 11.05 11.25 11.05 11.23 11 22-2.3 11 02 Aug. 11.00111.20'11.09'11.29-11 27-29'11 07-09 Sept. 11.19 11.35 1 1.19 11.35 11.35-37 II 11-15 Oct. 11,27 1 1.48'1 1.26 11.4611.1.45-46 11.22-23 Nov. 'll. 36111.36'11.36’11.36:11.49-51 11.26-28 Pec. 1 1.37 11.58 11.35’ 11.56 11 ..->5-56 11 31-32 ■ lan. 11.32 11.54 11.32111.53 11.52-53:11.27-28 neb. 1 - 11.56-58 1 1.31 -32 Meh. 1 1.43 11.64 11.32 11.63 11.63-64 11 37-39 May 11,48 11.50 11,18 11.50 11.68-70 11.12-13 Closed very steady. Liverpool cables were due 2 points low er on July and IJJ to 2 points lower on other positions. Opened <tniet at 1 point decline. At 12:15 p. m. was steady at a net advance of point on old crops and decline of % point on new crops. Spot cotton in y-iod demand at unchanged prices; middling 6.36; sales 10.000, Urlml ing 9,100 American; speculation and ex port 2.000; imports 7.100. all American. Later cables reported a decline of 1 point on old crop positions from above quota tions. The close was steady at advances of w tn ,>« 2 points over the previous close. RANGE IN LIVEHPOOt. FUTURES. 1 utures opened quiet and steady Opening. p r er. Range 2 P. M. Close. Close. June . . 6.15 -6.16 6.16% 6.18M> 615 June-July 6.15 6.18 " 6.15% July-Aug. 6.16 -6.18 Aug.-Sepl 6.17%-6.19 6.18 6.21 6 18% Sept.-Oct 6.14%, 617 6.14% Oct.-Nov 6.11 -6.12%-6.12 6.15 6,12% Nov.-Dec. 6.10 -6.10% ... .6 13% 6 11% Dec.-Jan. 6.10 -6.09 “ .... 613 611 * Jan.-Feb. 6.10 -6.10% 6.10% 613 611 Feb.-Meh. 6.11 fi 1( 12 Meh.-Apr. 6.12 -6.12%. 6.12 615 613 Apr.-May 6.15% 6 14% Closed steady. HAYWARD & CLARK’S , DAILY COTTON LETTER NEM ORLEANS. June 6.--A good Liv erpool. particularly the large spot sales, total 10.000 bales, encouraged bullish feel ing here this morning, and the market advanced to 11.46 for October in the early trading. A report fro mMemphls bv a prominent crop inspector saying that Ar- 1 kansas. Oklahoma and a large part of Texas are beginning to need rain, and that the crop in Arkansas was spotted had a stimulating effect also. .A good rain fell in Montgomery and Augusta districts, elsewhere in central and eastern states showers were scat tered and mostly light, except for a heavy rain in Jackson. Miss., district, which is considered unfavorable. The range of temperatures continues very favorable Average for Texas 90. against 96 last year: Oklahoma 93. against 99 last year. Commissioner of agriculture for the state of South Carolina says that the most conservative figures for the Pleven principal cotton-growing states show a reduction of 16 per cent in acreage, and that the crop will be about 2.500.000 bales less than last season According to Npw York wires that mar ket is supported today on the opinionwthat there is too much rain in- the eastern states. The market developed further strength after Liverpool closed on smalled shorts covering on bullish reports from New York, news of a good sp<h demand and a government forecast of further showers in the Atlantlcs. RANGE IN NEW ORLEANS FUTURES. £ j -C L ' ® ? >J? - r u July 111.76111.94111.76111.90 11789-90111772~73 Aug. ’ ’ I 1 ’ll. 69-70’11.54-56 Sept. 11.65111.65111.65:11.65 11,57-59 11.11- 13 Oct. 11.38 11.59111.37 11.55 11.54-55 11 36-37 Nov. I I 1 11.55-56111.37-39 Dec. !11». 39’11.62)11.39111.56111.56-57! 11.38-39 Pan 11.48'1 1.65:1 1.48 11.61 11.60-61 11.42- 14 Feb. ’ ’ I. .. . t 11.62-63:11.45-47 Meh 11.70:11.70 11.70 11.70 11.68-70 11 50-51 May ' ' 11.87 I’lnserl steady. SPOT COTTON MARKET. Atlanta, steady; middling 11% New York, quiet: middling 11.65. New Orleans, firm and steadv; middling 11%. Liverpool, steady; middling 6.36 d. Savannah, quiet; middling 11%. Augusta, quiet; middling 12c. Mobile, steady; middling 11',1. Galveston, quiet; middling 11 11-16 Norfolk, steady; middling 11%. e Wilmington, nominal. Little Rock, quiet: middling 11% Charleston, nominal, middling 11%. Philadelphia, quiet, middling 11 '><> Boston, quiet; middling 11.65. Baltimore, nominal, middling sl%. Memphis, steady; middling 12c. St. Louis, quiet: middling 11% Houston, steady: middling 11 7-16 PORT RECEIPTS. The following table shows receipts at the ports today compared with the same day last year: I 1912. _ T 1911“” New Orleans . . 755 ' 2<"' Galveston. ... 735 743 Mobile 155 46 Savannah 291) 551 I Charleston .... 6 Norfolk 855 205 Boston 10 1 Pacific coast .... 444 1.415 > Pott Arthur .... , I ~Total. ■ “.“TT”. . " 247 *3.161 “ I interior movement. I *~ 19i2.~~|18117 “ Houston I 302 115 Augusta 64 73 Memphis 1,04 J 400 St. Louis 511 251 Cincinnati . 59 Little 11 no k . . .. . . | 59 Total 2.571 : ~f,219 ’ COTTON MARKET OPINIONS. Hayden. Stone. & Co.: It will be found hard to hold this level of prices. J. S. Barhe <*<• Co. We believe, if pres ent weather conditions continue for a few days, prices are likely to work lower Thompson. Towle & Co.: An\ period of unfavorable weather or conditions would at once start a buying movement Miller & <’o.: continue our advice tn sell cotton. Bailey A- Montgomery Everything de. pends upon the ehara*-ier of the weather the rex’ 60 da’> « Stemberger. Sinn & Co Market is in a wafting attitude. I NEWS AND GOSSIP; Os the Fleecy Staple < F»om Hayward & Clark.) NEW YORK. June 6. Carpenter. Bag got & Co.: Buying started by c.crr, said to be for uptown, caused the early ad vance, and started a wave of Short cov ering by the ring. There was little cot ton for sale. Pell. McFadden and the Waldorf crowd were said to be (he best buyers al 11:32 a. m Market very quiet, with trading small. The crowd at 11:40 seemed timid about selling the market short. The tone was very strong, with shorts covering and stop-orders being caught. Walter W. Talbert says: “Taking the six-year cycles from 1883 to 1907. the in tai crops of American cotton ran fol lows. From 1.883 to 1888, 38,479,000 1889 to 1891. 48.422.000; 1895 to 1901, 58.- ! 062,000: 1902 to 1907. 69.872.000, At the same ratio of increase, the unfinished, cycle from 1.908 to 1913 should be 82.000.- 000 'rhe productions of 1908-1909 and 1910-1911 aggregated 17,871,000 hales; that of 1912 being 15.700.000 bales, or a total for five years of the six years cycle of 63,571,000. Based or. these figures, to carry out the last cycle of increase, this growing crop must be the difference be tween xl;.000,000 and 63,571.000. which is 18.429.000 bales." Dallas. Tex., wires: “Texas generally Hear and warm; San Antonio reports cloudy. Oklahoma cloud.v; scattered showers in (he eastern and central por tions." Following are 11 a. m. bids: July 11.08. October 11.30, December 11.39, January 11.36. Warehouse stocks in New York Thurs day. 139.363; certificated 116.910. NEW’ ORLEANS, June 6. Hayward & (’lark: The weather map shows perfect weather. Fair in Texas, cloudy in Okla homa and partly cloudy to cloudy in the central and eastern states; some rain in Oklahoma. Good rain at Fort Smith. Ark., and Montgomery. Ala., where need ed; light scattered showers elsewhere in the central and eastern states. Only bad Item in the map is a heavy rain at Jack son. Miss., where not needed. Indications are for fair ami cooler in the northern half of the belt except local showers in the Carolinas, and for partly cloudy with local showers in the southern half of the belt; cooler. Columbia, S. C.. wires; “E. J. Watson, commissioner of agriculture of South Car olina. as president of the Southern Cot ton congress, says that the most con servative figures for the eleven principal cotton growing states shows a total re duction of 6,071.750 acres planted in cot ton. The. results were obtained under the Rock Hill plan The report places the acreage reduction at 16 per cent and President W'atson estimates that the crop will be about 2.500,000 bales less than in 1911. | THE WEATHER CONDITIONS. WASHINGTON, June 6. -There will be showers late today or tonight in New England and the middle Atlantic states and tonight or Friday in the south At lantic and the east Gulf states. The weather will be fair tonight and Friday in the Ohio valley and the Lake region. Somewhat Ibwer temperatures will overspread the greater part of the coun try east of the Mississippi river during the next thirty six hours. GENERAL FORECAST. Following is the forecast until 7 p m Friday: Georgia— Showers tonight nr Friday Virginia Local showers tonight nr Fri day morning, followed by fair; slightly cooler Friday, and in the western por tion tonight. North Carolina and South Carolina — Showers tonight or Friday. * Florida Showers tonight and Friday, except fair Friday in the northwest por t ion. Alabama Showers this afternoon and tonight; Friday fair. Mississippi -Cloudy tonight: probably I showers on the coast, cooler in the north ern and central portions; Friday fair. Louisiana Fair and cooler, probably preceded b\ showers on the southeast coast tonight: Friday fair. Arkansas and Oklahoma- Cloudy and cool tonight: Friday fair. East Texas Fair and cooler tonight and Friday. West Texas—Generally fair tonight; showers In panhandle Friday. DAILY WEATHER REPORT. Atlanta. Ga.. Thursday. June 6; Lowest temperature , 69 Highest temperature 86 Mean temperature 7R Normal temperature 74 Rainfall in past 24 hours, inches 9.»2 Excess since Ist of month, inches.... 0.83 Excess since January 1. inches 10.10 REPO RTS FROM V A R, °US STATIONS. Temperature lUfall Stations Weath. 7 Max. | 24 a tn. y’day.‘hours. Augusta Cloudy 78 1 ‘ 1.14 Atlanta . . .. Cloudy 70 ' 86 ! .02 Atlantic City. 'Clear 66 78 Anniston . . . Raining 72 RS .10 Boston Cloudy ' 61 I 74 .... Buffalo Raining 1 62 58 .... Charleston . Cloudy 82 .1 84 .... Chicago IClear 62 76 .... Denver Pt. Hdy. 58 86 .... Des Moines. .. C’lear 56 6R Duluth < tear 52 70 1 .. . . Eastport Clear 52 ' 70 | .... Galveston . ... Pt. cldy.' 71 80 .12 Helena Cloudy 46 58 .... I {ouston ■ Cloudy 72 ' .... Huron Clear 16 66 .. . Jacksonville Raining 7R 86 .04 Kansas City.. Pt. cldy. 60 86 1.04 Knoxville .. . Cloudy 70 ' Louisville . Cloudy 70 1 R 6 .21 Macon Raining 72 I .. I .34 Memphis Pt. cldy 71 90 ' . Meridian Cloudy 70 Mobile Cloudy 74 ' 88 .86 Miami ■ Cloudy 78 81 ! 2.06 Montgomery Cloudy 71 90 L .50 Moorhead Cloudy 71 84 .12 Npw Orleans Cloudy 74 84 .12 New York . Cloudy 64 74 North Platte. Raining 52 78 Oklahoma . . Cloudy 68 92 .06 Palestine Pt Hdy 72 86 .02 Pittsburg . (Hear 62 74 I .... P’tland.. oreg Clear 62 84 Sn Francisco!Cloud\ 54 I 62 St Louis. Pt ('ldy 66 76 1.48 St Paul Clear 52 6K S. Lake <’it\ ’’lear 68 86 Savannah Cloudy 80 .14 \\ a si- Hie -11 < 'io’i-lv 66 80 , • | - \■ <<\ HERMANN Section Director ATLANTA LIVE STOCK MARKET. (By W. H White, Jr., of tha White Pro vision Comnany.) Quotations based on actual purchases Aurins the current week: Choice to gopd steers. 1,000 tn 1.200 5 75 r a f, 50; Rood steers. SOO tn 1.000. on medium to Rood steers. 700 to Xsn, 5 00W I q so- good to choice beef cows, SOO to 900 I 4 D0W5.00: medium to good beef cows 700 800. 4.254» ; Rood io choice heifers 1750 to 850, 4 25f« 5.25; medium to gc*<j I heifers. 850 to 750. 3 7.eh 4.50 The above represent ruling prices of good quality of beef cattle Inferior grades ami dairy types selling lower Mixed common steers, if fat. 700 to 800 4 254/4.75: mixed common cows. If f at 8 0 |j to 800. 4.00 H 4 25; mixed common hunches to fait'. 500 to 800. _.75<U3.;>0; good butch er bulls. 3.25'0 I 00. Prime hogs, l"0 to 200 average. 740 r« - C,o gooil butcher hogs. 140 to 100. 7 •>().„ 7 40, good butcher pigs. 100 t<> 140. 70041 7 25; light pi?s. 80 to 100. 5.50J(6c. Imavv rough hogs. 200 to 250. 6.50<g7c. Above quotations apply to eorn-fed hogs Mast and peanut fattened hogs, ijf l%c and under. - e NEW YORK GROCERIES. NKW YOBK. June 0 Soffee steady; No. 7 Klo, spot. 14 ’» r n ll l .. Hfce, firm: domestic, ordlnaj-v to prime, I',o 5'L. Moiusses. steady. New Orleans, open kel tic, 350 45 Sugar, raw, easy; centrifugal, 3.9.2. muscovado. 3.42; molasses sugar. 3.17: refined, quiet; standard granuplated, 5.25; cut loaf, ti.oo; crushed, 5.90; mold \. 5.80. tubes. 5 45; powdered. 5.30 diamond \ 5 25: confectioners A. 5 05; No 1. 5.05; No. 2. 5.00; No 3. 4.95. No, 4. 4 90 Uheese. active; white rnfik specials. '3\4tl4. whole m-lk fancy. t3'.. bld; =kims. specals. Il'iili',. skims, fine. 9\ 'a 10%, full skints. 7@7%. STOCK PRICES GO SHARPLY HIGHER Nearly All Important Issues Participated in the Upturn. Market Active and Strong. By CHARLES W. STORM. NEW Y<)RK. June 6. - (’upper stocks were the most prominent and active at the opening of the stock market today, making substantial gains over last night s Hosing Amalgamated Copper opened at K 6’ 2 . a gain of %, then advanced to 86 \ American Smelting was up * B . Chino (’opper rose % to 34. establishing a new high record Utah and Anaconda made fractional gains United Cigar Stores continued its up ward climb on the curb, touching a new high mark in the opening prices. This issue was quoted at 243 bid and 244 asked at the outset, a gain of 2 points. The coal stocks reflected accumulation. Reading gaining \ and Lehigh Valley Airbrake, which rose 6 points on Wed nesday, made a further gain of 4’n. sell ing at 75 1 2 . The undertone was strong, and at the end of half an hour's trading the early strength was still maintained. United States Steel common rose •>. Canadian Pacific was under pressure as a result of fore‘.gr selling, losing 1%, but was heavy in I ond< n. The curb was strong. Activity ami strength was shown in nearly all the niportant issues in the late forenoon. ”he copper stocks were strong, advancing more than I point each Brooklyn Rapid Transit alrfn was strong, advancing a point, and substan tial gains were made in Union Pacific. Reading and Lehigh Valley. The copper stocks continued to show strength and activity after midday. Amalgamated was bought steadily by an interest said to be closely identified with the management of the property and con tinued its upward movement, going to 87\ Further fractional gains were also made in Utah ami American Smelting. Fluctuations were narrow. 'l'he tone was steady. The market closed strong. Government bonds unchanged. other bonds steady. Stock quotations: I ILastiCHs Prev STOCKS- I H iKh_Lo w. | SaJe J_Bid uCl’sa Amal. Copper.! 88 86%i 87-\! 87% 85% Am. fee See...! 27% 26% 27 I 26% 26% Am. Bug 8ef.!130% 129% 130 !129%129 Am. Smelting 87% 86%! 86%| 86% 86 Am. Loeomo.J 42% 42 ! 42%| 42%! 41% Am. Car Edy.J 60%l 59%' 59%l 59%| 59 Am. Cot. 0i1..! 54% 53% 54%| 54 53% Apt. Woolen . 28% 28 Anaconda ....I 44% I 44 I 44% [ 44%; 43% Atchison 107% 106% 107% 107%! 106% A. L !141%!141. .141% 141 %’l4l Am. Can .... 38 ! 36%: 37% 37'/, 36% do. pref .j118%1118%|118% 118 'll7 Am. Beet Sug ! 72%| 71% 72 I 71%! 71% Am. T. an<l T. 145% 145% 145%!145% 145 Am. Agricul... 62%i 62%| 62%l 61% 61% Beth. Steel ....> 38%: 37% 37%f 37% 36% R. R T 89% 88%’ 88%’ 88% 88% ' B. and O !IO9' R !1O9 !109%!109 1108% Can. Pacific . 1266% |266% !266% !266% |267% Corn Products 15% 15% 15% 15% 15% C. ami <> 79%; 79' s 79% 79%’ 78% Consol. Gas . . 1 142% 142% 142% 142%!142% Cen. Leather 26% 25%! 25% 25 25% Colo. I-’ and I. 28% 28% 28%' 28%’ 28% Colo. South...| ...,| ....[ ~..| 39 | 38 I>. an 1 11. ... 168U ; 168%’168%i167% 168% Den. and R. G 20%’ 20%: 20%! 20%i 20 Distil. Secur.. 32%1 32%1 32%1 32%: 32% Erie ’ 35%; 35% 35% 35% 35% do. pref .. 52%! 52%' 52%l 52% 52% Gen. Electric .170% 169%!169%!169% 170 Goldfield Cons.! 4% 4%! 4%l 4% 4% G. Western .. ....; ...J ....! 17% 17% C>. North.. pfd.!134%!134% 1 134%|134'4 134 G. North, fire:. 42% 42% 12%’ 42% 42% Int. Harvester Jl2l % 111. Central .. 127% 127% 127% 126% 127 fnterboro ’ 20%: 20%; 20% 20% 20 do, pref .. 58% 58% 58%’ 58% 58% lowa Central I .... I ....!.... i 11 j 12 K. C. South...’ 24%! 24%j 24%: 24%l 24% K. and T. ...! 28%! 27 % 28 %. 28 % < 27 % do. pref. .. 59%: 59%! 59%j 60 !59 L. Valiev. . . 176%! 175%’ 176 175% 175% L. ami N . . 160 :159%!159% 159%1159 Mo. Pacific . .1 39%1 38 I 38 | 37%i 38% N Y Central 120% 119% 120% 119% 119% Northwest. . . 1,37% 1137% 137% 137 (136% Nat. Load . . 58% 58%: 58% 58% 58 N. and W.. . .!112%|111 ’ll-2 ’ll2 5110% No Pacific. ~121 120% 120% 120% 120% O. and W. . .’ 37%! 37%i 37%l 37%; 37% Penn 124% '123% 124 124 % 123% Pacific Mail . 33% 33% 33% 33% 33% P. Gas Co. . . J 16%: 115% 1 115%il 15%; 116 P. Steel <’ar . 35% 35% 35%’ 35%’ 35 Reading . . . 1727, 171 % 1171 % 1172 '171% Rock Island . I 26% 26 ! 26 ! 26%! 26% do. pfd.. . . 52%' 52%! 52% 52%' 52 R. I. and Steel 24%. 24 ’ 24%. 24%’ 24% do pfd.. . . 80 80 80 ’ 79% 79% S -Sheffield. 52 50%' 52 I 51%' 50 So Pacific . . 110% 109%. 1107. 110% 110'., So. Railway . 28% 28% 28% 28% 28% do. pf<l.. . 74 74 71 71 74% St Paul . . .106 I04%;106 .105% 105% Tenn Coppep ! 45%’ 44%l 44%. 44%; 45 Texas Pacific 24% 24 .24 | 23%; 23% Third Avenue 39’.,; 39%: 39%’ 39% .... Union Pacific 171 7 » 170 170 7 . 170% 170% 1 S. Rubber 64% 64% 64% 63% 63% Utah Copper . 65% 64%’ 64 7 < 65% 64% U. S. Steel . . 71 ! 70%! 70% 70%1 697, do. pfd.. . . 'lll '«110%!111 %’lll 'llO% V. Chem. . 51%! 51%l 517, 51’., 51% West. Union .! 83%: 83 ! 83% 83%’ 82% Wabash . 7'-. 7%' 7% 7% 7% do pfd . . . 18% 18%’ 18% 18% 19% West. Elec.. . 74 74 74 72%! 73 Wis. Central ....! .. .. ’ 51%! 53 W. Maryland.' .... .... 58%' 58% Total sales. 610,000 shares. MINING STOCKS. ROS’D iN. June 6—Opening North Butte, 31%. Boston Corbin. 8%; Old Do minion. 59'-; Butte Superior. 44%; Shan non. 15%. kranklin. 13%; Calumet and Arizona, 76; East Rutte, 14',. LOCAL STOCKS AND BONDS. _ B'd Asked Atlanta * West Point R R .. 146 Hi American National Rank . . fSR \tlantic Coal * Ice common. 104 105 Atlantic Coal * Ice pref 9J »» Atlanta Brewing * De C 0... 178 Atlanta National Rank .. . 3JJ Central Bank * Trust Corp Exposition Cotton Mills jks Fourth National Rank... 245 2SO Fulton National Bank ’25 i 2n Ga Rv. & rcif“' stamped. . 124 j» g Gh Rv. * Pow Co., common 27 30 do Ist I'M 80 85 do 2d pfd 42 44 Hfliver Trust Company 125 Lowry National Rank 248 jjb Realty Trust Company 108 no Sixth Ward Bank 99% ] 0) Southern Ice common 71 Third National Bank, new . 205 310 Trust Co. of Georgia 225 235 Travelers Bank * Trust Co . 125 n>j BONDS. Atlanta Gas Light Ist 55.... 105 Georgia State 4%5. 1915 .... 101 loj Georgia Midland Ist 3s 60 Ga Rv. *• Ulec Co 5s 101 %a. Ry. * Elec. ref. 5s 99 99% Atlanta Consolidated 5s 102% ... Atlanta City 3%5, 1931 91 92% Atlanta City 4%5. 1921 102 103 gouthsrn Bell 6s »»% NEW YORK PRODUCE MARKET. NEW Y<>RK. June 6. Wheat steady; Ju'.vsl.l4%!'(< 1.14%, spot No. 2 red $1.21% in elevator, $1.22% f. o. I, Corn steady: No 2 in elevator nominal, export No, 2 83 f 0. !>., steamer nominal, No. 4 nomi nal. tin's (hk) . natural while 60%i1(62%, white clipped 61%it/64%. Rye quiet; No. 2 nominal f. o. b. New York. Barley steady; malting $1.15®1.25 c. I. f. Buf falo Hay steady: good to prime $1.25® 1 60, poor to fair $1.15®1.4f> Flour dull; spring patents $5.50®5.60, straights ss® 5 50. clears 14 857(5 10, winter patents 85 904/6 10, straights $5.3505.45, clears 14 454/5. Beef firm; family yß® 18.50 Pork firm; mess 120 25'520 75. family $20.25021.25 Lard steady. Hty -tpam 10*’ bld. middle M FRt spot 10 05ft 12 10 Tallow steady; f itv Hn hogsheads) nominal, country <in tierces) j ATLANTA MARKETS] EGGS —Fresh country candled. 17®18c BUTTER—Jersey and creamery. In llh blocks, 2(/%®25c; fresh' country dull, 10 @l2%e per pound. DRESSED POULTRY—Drawn, head and feet on, per pound. Hens. 16®17c; fries, 25®27c Roosters, B®loc. Turkeys, ow ing to fatness. 18@20c. LIVE POULTRY—Hens. 40(8,5'-: roost ers. 25®35c; fries, 30®50c; broilers. 20® 25c; puddle ducks, 2547 30c; i'ekin ducks, 40® 45c; geese. 50®60c each; turkeys, ow ing to fatness, 14®15c FRUITS AND PRODUCE. FRUIT AND VEGETABLES—Lemon" fancy. $4.50(1(5.00 per box. Florida oranges. $3.00®3.50 per brx. Bananas, per Pound. Grape fruit, $5.00® 6.00 per crate. Cabbage, I%®2c per pound Florida cabbage. $2®'2.50 per crate. Pea nuts. per pound, fancy Virginia, 6%@7c; »!'°L ce ' 5%®6c. Beans. round green sl.oo® 1.25 per crate. Florida celery. $2.00®2.50 per crate. Squash, vellow. per six-basket (rates. $1.25®’1.50; lettuce, fancy, $1.25@l 50; choice. $1.25®1.50 pet crate. 'Beets. $3.00@3.50 per barrel. Cu cumbers. $1.25®1.50 per crate. English peas, per drum. $1.00®1.25. New Irish po tatoes. per barrel. $4.00® 4.50 per barrel. Strawberries, 7®loc per quart. Egg plants, $2.00®2.50 per crate. Pep per, $1.75®2.00 per crate. Tomatoes, fancy, six-basket crates, $2.00®2.50 choice tomatoes. $1.7502.00. Pineapples. $2.0002.25 per crate, onions, $2.0002.50 per bushel. Sweet, potatoes, p. yam. SI.OO ®1.25 per bushel. Watermelons, slo.oo®' 15.00 per 100. Canteloupes, per crate, $2.00®2.50. PROVISION MARKET. (Corrected by White Provision C».) Cornfield hams, 10 to 12 lbs. average. 16 % c. Cornfield hams. 72 to 14 lbs. average 16%c. Cornfield skinned hams, 16 to II lbe„ I ( %c. Cornfield picnic hams. 6 tt> > lbs. aver -12 %c. Cornfield breakfast baeon. 23e. Grocer style bacon (wide or narrow). 17 %c. Cornfield fresh pork sausage (link or bulk), 25-lb. buckets, 12c. Cornfield frankfurters, 10-lb. buckets, age, 10c. Cornfield bologna sausage. 25-ib boxes, 9c. Cornfield luncheon hams. 25-lb. boxes, 11c. Cornfield spiced Jellied meats In 10-lb. dinner pails, 10c. Cornfield smoked link sausage, 25-lb. boxes. 9c. Cornfield smoked link sausage in pickle. 60-lb. cans, $4.25 Cornfield frankfurters in pickle. 15-ib. kits. $1 60 Cornfield pickled nigs feet, 15-lb. kit* SI.OO. Cornfield pure lard (tierce, basis). 12c. Country style pure lard. 50-lb. tins only, II %c. Compound lard (tierce basis), lOe. D. S. extra ribs, Il%c. D. S. rib bellies, medium average, 11 %c. D. S. rib bellies, light average. 13'/ic. FLOUR AMD GRAIN. FLOUR Postell’s Elegant, $7 50: Gloria (self-rising), $6 50; Victory (finest pat ent I. $6.50; Faultless, finest, $6.25; Swans down (highest patent), $6 25, Home Queen (highest patent), $6.00. Puritan (highest patent). $6.00: Sun Rise, (half patent). $5.50; Tulip flour. $4.50; White Cloud (highest patent), $5.75: Diadem 'highest patent). $5.50. Farm Bell, $5 40; Paragon (highest patent). $6 00; White Ll.y (highest patent), $5.75; While Daisy. $5.75: Southern Star. $5.50. Sun Beam, $5.50; Ocean Spray (patent). $5.50. CORN--Tennessee--White. red cob, $1.15; No 2, white. $1.07; cracked, $1.05; vellow. $1.05: mixed. SI.OB. MEAL- Plain 144-lb. sacks. $1.02; 96-Ib. 144-lb. sacks, $101; 96-lb. sacks. $lO2 sacks. $1.03; 48-lb. sacks, $1.05. 24-Ib sacks. $1.07. OATS Fancy white clipped, 72' ; fancy white. 71c; mixed, 69c. COTTON SEED MEA L— Harper. $29. COTTON SEED HULLS -Square sacka $9.50 tier ton. SEEDS (Sacked)—German millet $1.65; cane seed, amber, $1.65; cane seed, orange. $1.40; Wheat. (Tennessee), blue stem. $1.40; red top cane seed. $1,35; rye (Georgia). $1.35; Appier oats. 85c; red rust proof oats. 72c; Hurt oats, 75d: Texas rust proof oats. 70c; winter graz ing. 70c; Oklahoma rust proof, 50c: bine seed oats, 50c. HAY—Per hundredweight: Timothy, choice large bales, $1.85: Timothy, choice third bales. $1.60; Timothy No. 1, small hales. $1.80; new alfalfa, choice., $1.65; Timothy No. 2. $1.70; Timothy No. j clo ver. mixed. $1.75: clover hay. $1.50; alfal fa hay. choice. $1.50; alfalfa No. 1, $1.70: alfalfa No 2. $1.25; peavine hay. $1.20; shucks. 70c; wheat straw. 80c; Bermuda hay, SI.OO. FEEDSTUFF. SHORTS— Halllaay wbite, lOfi lti sscka $1.90; fancy. 75-Ih. sacks. s’.Bs; P W. 75-lb. sacks, $1.80; Brown, 100-lb. sacks, $1,75: Georgia feed, 75-lb acks. JI 75; bran. 75-lb. sacks. $1.65; 100-lb. sacks. $1 60; Homcoline. $1.75; Germ meal Hont co. $1.75; sugar beet pulp, 100-ib. sacks. $1.55; 75-lb. sacks. $1.55 CHICKEN FEED —Beef scraps, 50 pound sacks, $3.50: 100-pound sacks, $3 25; Purina scratch, dozen pound packages, $2.35: Purina pigeon feed, $2.35; Purina, baby chirk, $2 30; Pu rina chowder, dozen pound packages. $2 20; Purina Chowder, 100-lb. sacks, $2.15; Purina scratch. 100-lb. sacks, $2.15; Suc cess baby chick, $2.10; Eggs. $2.20; Vic tory baby chick, $2.30 Victory scratch, nO-lb sacks. $2 25; Victory scratch, 100- lb. sacks, $2.15: Chicken Success baby chick. $2.10; wheat, 2-bushel bags, per bushel. $1 40; Rooster chicken feed, 50-lb sacks. $1: oystersheil. 80c. GROUND FEED—Purina feed. 175-lb. sacks. $2 00; Pitrlna molasses feed, $1.95; Monogram, 100-lb sacks. $1 70; Victory horse feed, 100-lb sacks, $1.90; Milko No. 1. mixed. $1.80_; No. 2, $1.75; alfalfa molasses meal. $1.85. GROCERIES. SUGAR —Per pound. Stannard granu lated, 5%c; New York relined, 5%c; plan tation, 6c. COFFEE Roasted (Arbuckle's), $24.25; AAAA, sl4 50 in bulk; In bags and bar rels, $2.10; green. 19c, RlCE—Head. 4%®5%c: fancy head. 614 ®6%c. according to grade. LARD —Silver leaf, 12%c per pound Soco 9%c pec pound: Flake White, 9%c per pound. Cottoiene. $7.75 per case; Snowdrift. $6.25 per case. CHEESE Fancy full cream, 22c SARDINES Mustard. $3 per case; nne quarter oil, $3 MISCELLANEOUS Georgia cane syrug 38c axle grease, $1.75; soda crackers, 7%c; per'pound , lemon crackers, tc oyster. tomatoes (2 pounds). $2 rase; > pounds. $2.75. navy beans. $3.10; Lima beans. 7%c; Shredded biscuit. $3 60; rolled oats, $4 per case grits (bags). $2.20; pink salmon, $5 10 per case; pepper. 25e per pound; R. E Lee salmon. $7.50; cocoa, 38c; roast beef $3 $0; syrup, 30c per gallon. Sterling hall potash. $3.30 per case, soap, $1.6004 per case. Rumford baking powder. $2 51 per case. BALT One hundred pounds, 49c, salt brick (plain), per case. $2.25; sail brick medicated), pet case. $4 85. salt, red rock, per cwt . $1 00. sail white rock. 90c, 50- pound '■acks. s29c; 25-lb. sacks, 18c. FISH. FISH- Bream and perch, 6c per pound, mapper, 9c per pound; trout, 10c per pound: bluefish. 7c per pound; pnmpano. 120 c per pound; mackerel, 15c per pound: mixed fish. 6c per pound; black bass. 10c per pound; mullet, $llOO per barrel. NAVAL STORES. SAVANNAH. June 6. -Turpentine firm at 45. sajes. 100. receipts. 1,467. Rosin firm, receipts. 3.875; water white, $7 65 window glass. $7.65; N. $7.50: M, $7 45' K. $7.45; I. $7.45; 11. $7.37%® 7.40; G. $7.37%® 7.40. F. $7-37%® 7.40; E. $6.75: D. $6.4006.45; (’. B. A, $606.30 LIVERPOOL GRAIN MARKET. Wheat opened %d lower; at 1:30 p. tn. was %d to %d lower. Closed %d to %d lower. Corn opened %d to %d higher; at 1:30 p. rn. was %d to %d lower Closed un changed to %d lower. Atlanta Audit Co. Public Auditors and Systematize™ ATLANTA and TAMPA ■ - HAINS IN KANSAS WEAKEN MT Close of Market Shows Frac tional Losses—Corn and Oats Irregular. ST. LOUIS CASH QUOTATIONS. Wheat—No. 2 red 114 @115% Corn 76% @ 77 Oats 52% CHICAGO, June 6. Wheat opened wit! prices off % to %<• this morning on good rains in tlie Southwest and Nebraska There was a slight recovery, caused by buying on resting orders. Liverpool was % to %d lower. Broomhall attributed the decline to weakness in America. Corn opened with a stead)- tone and with prices about unchanged. Trade was about equally divided bn both sides. (iats were lower In price and easy in tone on favorable weather in the belt. Trade was small. Provisions were higher. The strength ening factor was a good demand for ribs and lard. After being nervous and Irregular all day wheat closed showing declines of % to %c. An early dip of % to %c on Western rains was followed by a recov er) on good buying, on renewed reports of rains in Kansas and Nebraska tlie market turned heavy and slumped off. • There was little reactionary power. Corn was strong at the close and showed advances of % to %c with July particularly firm. The close was % to %c below best prices. Oats showed a gain of %c for the July, wlille September was %e lower and De cember off % Provisions were stronger and a shade higher. CHICAGO GRAIN MARKET. Free. Open. High. Lew. Close. Clos*. wh eat— July 1.09% 1.09% 1.08% I.oß’b 1.09% J Sept 1.05 1.05% 1.04%. 1.04% 1.05% Deo 1.05% 1.05% 1.04% 1.04% 1.05% CORN— July 73% 74% 73% 74% 73% Sept. 72% 73% 73% 72% 72% Dec. 62'% 63% 62% 62% 62% WATS July 50% 51 % 50% 50% 50% Sept. 44% 41% 40% 41%' 41% Dec. 42% 42% 42 42% 42% PORK— Jly 18.77% 18.77% 18.67% 18.70 18.70 Spt 18.85 19.82% 18.82% 18.90 18.85 r.ARD— Jly 10.92% 10.95 10.92% 10.95 10.87% Si t 11.07% 11.12% 11.07% 11.12% 11.07% Oct 11.20 11.72% 11.17% 11.22% 11.15 ' RIBS— Jly 10.45 10.50 10.45 10.50 10.45 Spt 10.60 10.65 10.60 10.65 10.57% CHICAGO CASH QUOTATIONS. CHICAGO. June 6. Wheat. No. 2 red, sl.ll® 1.12%; No. 3 red, $1,08%@ 1.10% : No. 2 hard winter. $1.100.1.11%; No. 3 hard winter. SIOBO 1.09%; No. 1 northern • spring. $1.160 1.19: No. 2 northern spring, $1.09® 1.15. Corn. No 2. 750 76. No. 2 white, 80®. 80%; No. 3 yellow. 76% 0 76%; No. 3, 74® 75. No. 3 white, 7S'A®79%: No. 3 yellow. 75%®76; No. 4. 7O%071; No. 4 white. 77 ®7B; No. 4 yellow. 72%@'74% Oats. No. 2 white, 55'40'56; No. 3 white. 53%®54%; No. 4 white, 50%0'54; Stand ard, 54'4055% PRIMARY MOVEMENT. * »li'-A-r- ' 1 1912 'l' jyn Receipts ! 35.3,000 I 309.000 Shipments I "'>,ooo I 168,000 . _U_OR.N— I I Receipts I 1,030,000 I 678,000“ Shipments i 308.000 I 648,000 ARGENTINE SHIPMENTS. Following shows the estimated Argen tine shipments in wheat and corn for the week: This Week. Wheat, bushel." 2.400.000 Corn 5,100.000 CHICAGO CAR LOTS. Following are receipts for Thursday and estimated receipts for Friday: I Tit ursdayj Friday? - Wheat I 23 16 Corn I 310 526 Oats I 93 122 Hogs , , . , , .1 16,000 18,000 NEW YORK COFFEE MARKET. Coffee quotations: I' Opening. T’ Closing January 113.76013 78 February ! 113.65013.68 March I 113.78@13.80 April ! ! 1.3.79013.80 May ’ 13.63013.64113.79013.81 June i13.42@13.44 July 13.35®13.37i13.48® 13.49 August 113.56® 13.58 September .... 13.51013.53:13.65013.66 October ;t3.68013.70 November. . . . 13.71013.73 December 13,60 ’13.770 13.78 Closed steady? Sales. 100,025 bags COTTON SEED OIL. NEW YORK. June 6. Carpenter. Rag got A- Co.: A firmer feeling prevailed In tlie cotton seed oil marked, with good scattered buying and small offerings, larrd and cotton were firmer, and, while refiners were said to be selling, offerings were readily absorbed and shorts ap peared nervous. Cotton seed of] quotations: I Opening 1 Closing Spot I 6.7*007 00 June .... 6.8506.89 I 6 750686 July . . . 4 J 6.8806.91 I 6.9306.94 August ... 7.0307.04 ' T. 0707 O7 September . . . .’ 7.140 7.15 I 7.1807.20 October . . . . 7.1207.13 7.1407,16 November ... 6.6906.76 i 6.7206 75 December . . 6.63® 669 6 63® 666 Closed firm, sales 12.300 barrels. dw'i — y||g of this community is the sum of the Prosperity prosperity of its I members. And is largely reflected in their deposits in this bank. Here is where the foundations of prosperity are laid for very many people, and will be laid for many more. No honest, serious-minded person I is denied the privileges of an as sociation with this bank. There are , | none whose dealings are too unim portant to receive considerate at- I tention. AMERICAN NATIONAL BANK 17