Newspaper Page Text
' WALL STREET IS I
MIGHT! FICKLE
Optimistic One Day, It’s Down
in the Valley of Pessimism
the Next.
By B. C. FORBES.
NEW YORK, .lune 6.—ls yf)U have
■ never breathed the air of Wall Street
you can have not the faintest Idea of
how important dvery little fluctuation tn
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 going to fall.
Now. a calm study of the things that
go to create genuine prosperity does not
justify this transformation in sentiment.
If conditions justified high prices l for
stocks a week a-go or a fortnight ago,
they, should not cause a break now.
Agriculture, trade, the money market
and 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' 1
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 it) low-priced
specialties. Many margin traders
have been attracted. Success em
boldened them to wade tn deeper. A
, raid by operators not committed to
the boonilet frightened weak holders,
and they scurried from the scene at
any cost.
Rumors of financial difficulties, of the
possible embarrassment* of indlvjduals or
• firms or institutions were not counte
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.
The. truth is that many financiers of
keen judgment have not been in any way
responsible for the spring advance, in
stocks. These authorities have simply
stood pat. Others, however, especially
one or two speculative coteries, have gone
ahead enthusiastically, ignoring unfavor
able happenings, or. when that was im
possible, belittling them.
’ Elements For a Big Scare.
To some extent Wall Street has been
wdiistling to keep its courage up. Quite
probably the whistling will stop and
some sound less cheerful will take its
place before November 4. A political
Scare 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
ers. a power in the railroad world and a
man of wide influence, has completely
turned his political coat He used to be
a ferfid opponent of Mr. Roosevelt—not
special reason in his case. Now
he wants to 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
not oblivious to the world-trend toward
a fuller democracy. Some of them—un
fortunately quite a huniber of them—still
want to kick against the pricks, to defy
the tendencies of the age. to act with
an iron band 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 Nail.
So, therefore, the financial world is not
as indifferent to current political events
as surface indications would lead the
public to believe. Flach triumph of Mr.
Roosevelt is pictured as a new nail ham
hered Into the coffin of conservatism
■ Capital does not like it— of that have no
* doubt. But capital, like the rest of us,
must strive to make a virtue of necessity.
Whatever can not be cured must be en
dured. We must needs adapt ourselves
I to circumstances.
With this in mind, does not the inci
dent here related take on very deep sig
nificance?
In other directions progress can be
noted. The weather has been distinctly
more helpful to the growing crops, it has
revived courage both South and West. it
has stimulated retail trade, encouraged
building operations and had a sentiment
al influence all over. The steel boom hds
filled up tbi mills with orders, but at
low prices, 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 anti fresh trou
bles may accrue
Investment Is slow This single fact
suggests that financial leaders are acting
cautiously pending more definite ideas
as to how agriculture and politics are to
turn out.
Mrs. W. H. George.
The local chapter of United 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 Vinings Hill yesterday. Mrs.
George was a member of that organi
zation for a number of years. The
services 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 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 committee, 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 merce have announced their intention
of being in the party. The agricultural
committee consists of H. G. Hastings,
W. H. Leahy, J. E. Bodenhammer, T.
R. Sawtell and Victor L. 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 $350,000 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 Louisville
company will put up the rest of the
money and will accept as security $50,-
> 000 worth of first mortgage bonds and
the balance In second mortgage bonds.
The subscribers will receive as security
the balance of the first mortgage bonds,
and all the 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, 38 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
the 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, the 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 the 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. L. Patterson, of Cumming.
E. H. Clay, son of the late United
States Senator A. S. Clay, of Marietta,
is a candidate for solicitor general of
this cirouit. 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
sociation tomorrow and Saturday Dr.
G. M Phillips, of this city, secretary of
the association, has been arranging’ for
the meeting for the past several days,
A number of addresses will be made
during the meeting, among the speakers
being Dr. P. Fl. Woodall, of Birmingham,
and Dr. F. M. Turner, of Savannah.
LIVE STOCK MARKET.
t'HK'AGO. lune 6. -Hogs—Receipts,
21.000. Market 5c higher; mixed and
butchers. $7,650'7.57; good heavy, $7,450
7.00: rough heavy. 97.00® 7.35: light. $7.00
4/7.50: pigs, 55.10fa6.95; bulk. $7.40®7.55.
t attle Receipts, 3,500. Market weak;
beeves. $6.0009.30: cows and heifers. .$2.50
0 8.00: stockers and feeders, $5.0006.90;
Texans, $6.2508.10; calves. $7.500.8,75.
Sheep- Receipts. 8,000. Market weak;
native and Western. $5,004/6.10; lambs,
$5,751/ 8.65.
METAL MARKET.
NEW YORK, June 6.—The metal mar
ket was active today.
Quotations: Copper spot and June 16.50
<017.25. Inly, August and September
16.62'?fa 17.25. lead 4.2#®4 30, spelter 6.90
@7, tin 46@46.45.
THE ATLANTA GEORGIAN AXD NEWS. THURSDAY, JUNE 6, 1912.
EXCESSIVE RAINS
SENDCDTTDNUP
Good Buying Results From the
Weather Reports—Covering
by Shorts Helps Prices.
NEW YORK, June 6 —The cotton mar
ket opened steady today. First prices
were up 2to 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. The
market responded to bullish operations
after the cal), showing an 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.
The market was strong at 2 o’clock,
with prices ranging 10 to 22 points above
W ednesday's closing.
At the (lose the market was very
I steady, within a point or two of the day's
top prices, and 20 to 26 points above the
final quotations of Thursday
RANGE IN NEW YORK UUTUR
| C £ ~ 4
* M * 8 i>?
I • ” O /•
| O X U uW U XU
June I . .7. | 1H.09-12H0.8F92
July |ll.Ou 11.25 11.05'11.23'11 22-23 11 02
Aug.. 111.09T1.29'11. 03'11.29111.37-29 1 LO7-O9
Sept. 11.19’11.35 11.19:11.35 11.35-37j1l 14-15
Oct. 1 1.27111.48 11.26 11.46 11.45-46 1 1.22-23
Nov, 11.36J1.36 11.36iU.36:11.49-51'11 26-28
Dee. 11,37]U.58i 11.35 11.56 11.55-56'11.31 -32
Jan. 11.32111.5411 1.32 11.53:11.52-53 11.27-28
f, e o. I : |11.56-58 11.31-32
Meh. 11.43111.64,11.32111.63111.63-64:11 37-39
May 111.48 11.50 11.48:11.50 11.68-70 11,42- 1.3
Closed very steady. ———————
Liverpool cables were due 2 points low
er on July and to 2 points lower on
other positions. Opened quiet at 1 point
decline. At 12:15 p. m. was steady at a
net advance of Vg point on old crops and
decline of % point on new crops. Spot
cotton in good demand at unchanged
P r,c es. milling 6.36; sales 10.000. includ-
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
4 to 3 /n points over the previous close.
RANGE IN LIVERPOOL FUTURES.
Futures opened quiet and steady
Opening. Prey.
Range 2 P. M. Close Clost.
June . . 6.15 -6.16 6.16% 6.18% 6.15
June-July 6.15 6.is ' 6.15%
July-Aug. 6.16 -6.18 6.17% 6.20 6 17%
Aug.-Sept 6.17%-6.19 6.18 6.21 6J8%
Sept.-Oct.
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 6JI
Meh.-Apr. 6.12 -6.12% 6.12 6.15 6 1.3
A ?n' M s y . ' ' 6 ’6% 6.14%
Closed steady.
HAYWARD & CLARK’S
DAILY COTTON LETTER
NEW’ ORLEANS. June 6.—A good Liv
erpool, particularly the large spot sales,
total 10,000 hales, encouraged bullish feel
ing here this morning, and the market
advanced to 11.46 for October in the early
trading. A report fro mMemphls by a
prominent crop inspector saying that Ar
kansas. Oklahoma and a large part of
Texas are beginning to need ram. 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 heavv
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 eleven
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 New York wir'es that mar
ket is supported today on the opinion that
■there is too much rain in the eastern
states. The market developed further
strength after Liverpool closed on snjalled
shorts covering on bullish reports from
New York, news of a good spilt demand
and a government forecast of further
showers in the Atlantics.
RANGE IN NEW ORLEANS FUTURES.
11 « j
o- | Orta rt u
CI I U |JW XU
July 111.701 tL94111776111.90:11 ?89-90l 1 L 72-73
Aug. I 111.69-70’11.54-56
Sept 11.65 11.65 11.6541.65 11.57-59 11.41-43
Odt. '11.3841.59111.37'11.55 11.54-55 11.36-37
Nov I I 11.55-56 11.37-39
Dec. 11.39111.62 11.39 11 56 11.56-57 11.38-39
Pan. 11.48 11.65:1 1.48 11.61 11.60-61 11.42-44
Feb. '11.62-63111.45-47
Meh 11.70 1 1.70 11.70 11.70 11.68-70 11.50-51
May I : ' 11-87 .
Closed steady. ,
SPOT COTTON MARKET.
Atlanta, steady; middling 11%.
New York, quiet: middling 11.65.
New Orleans, firm and steady; middling
11%.
Liverpool, steady: middling 6.36 d.
Savannah, quiet: middling 11%.
Augusta, quiet; middling 12c.
Mobile, steady; middling 11%.
Galveston, quiet; middling 1111-16.
Norfolk, steady: middling 11%
Wilmington, nominal.
Little Rock, quiet; middling 11%
Charleston, nominal; middling 11%
Philadelphia, quiet; middling 11 90
Boston, quiet; middling 11.65.
Baltimore, nominal; middling 1114.
Memphis, steady: middling 12c
St. Lou's, 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;
_ 1912. J 1911
New Orleans . . . 755 I 200
Galveston 736 743 ■ ,
Mobile 155 46
Savannah 290 551
Charleston 6
Norfolk. ...... 855 205
Boston. ...... 10 1
Pacific coast .... 444 1.415
Port Art bur . . . 4.356 I ....
~Total. . . . 7 217
INTERIOR MOVEMENT.
~~i 1’912: r 1911. ~
Houston I 302 ' 115
\ugusta 64 „ 73
Memphis 1,043 100
St. Louis 511 251
Cincinnati ... 59 I
Little Rock. 59
Total 2,5tl 1,249 "
COTTON MARKET OPINIONS.
Hayden, Stone & Co.: It will be found
hard to hold this level of prices.
.1. S. Bache Co.: We believe. If pres
ent weather conditions continue for a
few days, prices are likely to work lower
Thompson. Towle & Co.: Any period of
unfavorable weather or conditions would
at once start a buying movement
Miller & Co.: Wo continue our advice
to sell cotton. 1
Halley & Montgomery Everything de
pends upon the character oft,,.- wither
Hie next 60 days
Stemberger. Sinn & Co.; Market is in
a waiting attitude.
Hnews and
Os the Fleecy Staple
(From Hayward- A- Clark.»
NEW YORK. June 6. Carpenter. Bag
got & Co.: Buying started by Gerr. 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 the best buyers at 11:32
a. m. Market very quiet, with trading
small.
The crowd at 11; 10 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 front, 1883 to 1907. the to
tal crops of American cotton ran as fol
lows: From 1.883 to 1888, 38 479,000 bales:
1889 to 1894, 48,422.000; 1890 to 1901. 58,-
062,000: 1902 to 1907, 69.872.000. At the
same ratio of increase, the unfinished
cycle from 1908 to 1913 should be 82,000,-
000. The productions of 1908-1909 and
1910-1911 aggregated 47,871,000 bales; that
of 1.912 being 15.700,000 bales, or a total
for_ five years of the six years cycle of
63,571,000. Based on these figures, to
carry out the last cycle of Increase, this
growing crop must be the difference be
tween 82.000.000 and 63,671.000. which is
18.429.000 bales."
Dallas. Tex., wires: "Texas generally
clear and warm: San Antonio reports
cloudy. yklaluiina cloudy; scattered
showers in the eastern and central por
tions.”
Following are 11 a. m. bids: July lt.Ojs.
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 &
Clark: The weather map shows perfect
weather. Fair tn 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 and cooler in the northern
half of ibe belt except local showers in
the Carolinas, and for partly cloudy with
local -showers in the southern half of
the belt; cool er.-
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 ih cot
ton. The results were obtained under
the Rock Hill plan. The report places the
acreage reduction at 16 per cent and
President Watson estimates that the
crop will be about 2.500.000 bales less
than in 1911.
, ,J - - ■
| THE WEATHER |
CONDITIONS.
WASHINGTON. June 6.—There will be
showers late today or tonight in New
England and lhe 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 l>ake
region.
Somewhat lower 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 or Friday.
Virginia—Local showers tonight or 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 F’riday in the northwest por
tion.
Alabama—Showers this afternoon and
tonight; F’riday 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 by showers on the southeast
coast tonight; Friday fair.
Arkansas and Oklahoma Cloudy and
cool tonight: F’riday fair.
East Texas—Fair and cooler tonight and
Friday.
West Texas—Generally fair tonight;
showers iq panhandle Friday.
DAILY WEATHER REPORT.
Atlanta. Ga.. Thursday. June 6:
Lowest temperature 69
Highest temperature 86
Mean temperature 78
Normal temperature 74
Rainfall in past 24 hours, inches 0.02
Excess since Ist of month, inches.... 0.83
Excess since January 1, Inches 10.10
REPORTS FROM VARIOUS STATIONS.
Temperature R'fall
Stations — ' Weath. 7 ; Max. I' 24
|a. m. ly’day.lhours.
Augusta ... . Cloudy I 78 -I 1-H
Atlanta Cloudy 70 ' 86 .02
Atlantic City. Clear 66 78 I ....
Anniston .. .. Raining 72 88 .10
Boston ICloudy ' 64 74 ....
Buffalo ...... Raining «2 58 ....
Charleston .. Cloudy 82 84 ....
Chicago ....'Tear 62 | 76 ....
Denver Pt. cldy.l 58 I 86 ....
Des Moipes. . Clear 56 68 .88
Duluth Clear ' 52 /70 ' ....
Eastport ...... Clear 52 ' 70 | ....
Galveston ... Pt. cldy 74 SO .12
Helena . Cloudy I 46 58 ....
Houston 'Cloudy 72 1 .. ....
Huron . . .. 'Tear 46 66 ...
Jacksonville Raining 78 86 .rit
Kansas City.. Pl. cldy. 60 86 1.04
Knoxville ... . Cloudy 70 I .. ..
Louisville .. . Cloudy 70 86 .34
Macon Raining 72 I .34
Memphis ....:Pt. cldy.l 74 ' 90 1 . . .
Meridian . ...'Cloudy 70 1 .. I .22
Mobile 'Cloudy 1 74 ' 88 .86
Miami (Cloudy ' 78 84 2.06
Montgomery- .Cloudy 74 90 1.50
Moorhead ... Cloudy ' 74 84 .12
New < trleans. Cloudy 74 84 .12
New York... Cloudy 64 74
North Platte/Raining 52 78 I .
Oklahoma . . Cloudy 68 92 .06
Palestine 'Pt.cldy. 72 11 86 I .02
Pittsburg .. .'Tear 62 ' 74 ....
ptland . orogClear 62 84 . ..
S'n F’ranciscolCloudy 5'4 I 62 I ....
St Louis. ...Pt. cldy 66 I 76 '1.48
St' Paul Clear ' 58 66
S. Lake City, clear 68 86 ....
Savannah ...Cloudy 80 .14
Wa slilngt on . ICloudy i 66 I 80 J>2_
C. F. VON HERMANN. Section Director.
ATLANTA LIVE STOCK MARKET.
(By W. H. White, Jr., of the White Pro
vision Comoany.)
Quotations based on actual purchases
during the current week:
Choice to good steers, 1,000 to 1,200, 575
fa;6 50; good steers. 800 to 1.000. 5.50®6 00-
I medium to good steers. 700 to 850, 5.00®
5 50; good to choice beef cows. 800 to 900
4 1.0fa5.00; medium to good beef cows. 700
to 800. 4.25fa1.75; good to choice heifers
750 to 850, 4.25'1/5.25; medium to good
heifers. 650 to 750. 3 754/4.50.
The above represent ruling prices ot
good quality of beef cattle Inferior
grades and dairy types selling lower
Mixed common steers, if fat. 700 >0 800 '
4 254/ 4.75; mixed common cows. If fat. 600 '
to 800. 4.00fa4.25; mixed common bunches
to fair, 600 to 800. 2.75®3.50; good butch
er bulls. 3.25fa:4.00.
Prime hogs, 100 to 200 average. 7 404/
7 60. good butcher hogs. 140 »o 160. 7 20'S/
740 good bull her pigs. 100 to 140. 7004,
7.25: light pigs. 80 to 100, 5 50416 c; heavy
I rough hogs. 200 to 250. 6.50@7c.
Above quotations apply to corn-fed
hogs Mast and peanut fattened hogs. l<ji
I%<- and under.
I . NEW YORK GROCERIES. >
1
NEW YORK. June 6 Soffoe steady: '
No. 7. Rio. spot, ll'e'i/lt',. Rice, firm:
domestic, ordinary, to prime. ISt/n-L.
Molasses, steady; New Orleans, open ket- 1
tie. 354145 Sugar, raw. easy; centrifugal,
3.92, muscovado. 3.42; molasses sugar, :
3.17: refined, quiet: standard grantiplated.
5.25; cut loaf 6.00; crushed. 5 90: mold A, :
5.60; cubes. 5.45; powdered. 5.30; diamond
A. 5 25; confectioners A. 5.05; Nr,. 1. 5 05;
No 3. 500 No. .3. 1 95. No. |. 190
iTiecse, active: white milk specials.
13’,fa14; whole milk fancy 1.3% bid;
skims, spec als. II fal1 1 ,, skims, tine, 9% <
fa 10%. full skims, 7®7%.
SWPM!
SHW HIGHER
Nearly All Important Issues
Participated in the Upturn.
Market Active and Strong.
Sy CHARLES W. STORM.
NFiW YORK, June 6. Copper stocks
were the most prominent and active at
the opening of the stock market today,
making substantial gains over last night s
closing. Amalgamated Copper opened at
86%. a gain of %, then advanced to 86%.
American Smelting was up %. Chino
Copper 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 hid and 244 asked
at the outset, a gain of 2 points.
The coal stocks refleeted accumulation.
Reading gaining % and Lehigh Valley %.
Airbrake, which rose 6 points on Wed
nesday. made a further gain of 4%. sell
ing at 75%.
The undertone was strong, and at tlih
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 foreign selling, losing 1%, but
was heavy in London.
The curb was strong.
Activity and strength was shown in
nearly all the important issues ln e the
late forenoon. The copper stocks were
strong, advancing more than 1 point
each. Brooklyn Rapid Transit also 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 and American Smelting,
Fluctuations were narrow. The tone
was steady.
The market closed strong. *
Government bonds unchanged. Other
bonds steady.
Stock quotations:
I ILastiClis Prev
STOCKS- IHigh Low.lSa/e.l
Amal. Copper.' 88' 86%| 87% 87% 85%
Am. Ice Sec...’ 27% 26% 27 26% 26%
Am. Sug. Ref.'l3o% 129% 130 129% 129
Am. Smelting 87% 86% 86% 86% 86
Am. Locomo.. 42%l 42 42% 42% .41%
Am. Car Fdy.. 60%’ 59% 59% 59% 59
Am. Cot. Oil.. 54% 58% 54% 54 i 53%
Am. Woolen .J | .... 28% I 28
Anaconda ....I 44%: 44 44% 44% 43%
Atchison 107% 106% 107% 107% 1Q6%
A. C. L 141%141 14154 141% 141
Am. Can 38 36% 37’4 37%: 36%
do. pref. .1118% 118% 1.18% 118 117
Am. Beet SugJ 72% 71% 72 71% 71%
Am. T. and T. 145% 145% 145% 145% 145
Am. Agricul... 62% 62% 62% 61% 61%
Beth. Steel ...J 38% 37% 37% 37% 36%
B. R T 8954 88% 88% 88% 88%
B. and 0 109% 109 109% 109 108%
Can. Pacific ~|266% 266 % 266% 266% 267%
Corn Products 15% 15% 15% 15% 1554
C. and 0 79% 79%; 79% 79% 78%
Consol. Gas .. 1142% 14254 142% 1142% 1.42%
Ceti. Leather . 26% 25% 25%' 25 ' 25%
Colo. F. and 1. 28% 28%| 28%| 28%l 28%
Colo. South...) ... .| ....| ... . 39 38
D. anl 11. ... 1685- 168% 168%'167%-168%
Den. and R. G. 20% 20%! 20%' 205s’ 20
Distil. Secur..' .32% 32%j 32%| 32%' 3254
Eric 35% 35%; 35%' 35'., 3554
do. pref. . J 52% 52%’ 52%l 52% 52%
Gen. Electric . 170%.169% 169%|169% 170
Goldfield Cons. 4% 4% 4%| 4% 4%
G. Western ...J .... ....; 17% 1751
G. North., pfd. 134% 134% 13454,13454 134
G. North, ('re.. 42%; 42% 42% 42’4 42%
Int. Harvester 121 $4’12154:121 % 121 % 122
111. Central . . 127%112754’127%1126% 127
Interboro I 2054 i 20%; 2054’ 2054 20
do. pref. 58% 58% 58>/* 58% 58%
lowa Central i ... .1 11 1.2
K. C. South... 24%. 24%| 24%l 24% 24%
K. and T. ... 28%1 27%’ 38%i 28% 27>4
do. pref. ..| 59 54 ’ 59%’ 5954! 60 59
L. Valiev. . 176% 175%,176 175%;175%
I, and N . . . 160 169%!159% 159%1159
Mo. Pacific . . 39%’ 38 38 I 375a' 38%
N. Y. Central 120% 119% T 20% 119% 119%
Northwest. . . T37%T37%' 1.37%1137 113654
Nat. Lead . . 58%( 58% 58%, 58%! 58 .
N and W. . .112% 111 112 1112 ,110%
No. Pacific.- . 121 120',- 120% 12Q% 120%
<>. and W . . 37% 37%' 37% 37% 37%
Penn 124% 123% 124 124%1128%
Pacific Mail . 33%: 33%’ 33% 33%' 33%
P Gas Co . 1165-116% 115% 115%1116
P Steel Car . 35% 3554 35%| 3554! 35
Reading . . . 172%T71 %371 %'172 171%
Rock Island . 26%l 26 | 26 ' 2654, 26%
do pfd.. . . -52%| 52%| 52%; 52% 52
R. I. and Steel' 24-%' 24 24% 24%! 24%
do. pfd.. . . *BO 80 80 79%i 79%
48.-Sheffield. .! 52 50%i 52 I 51%l 50
So. Pacific . 110% in:'% 110% 11'1% 11'11..
So. Railway- . 28% 28% 28% 28%' 28%
do. pfd.. . 74 74 74 74 I 74%
St. Paul . . .106 104 5-106 105% 105%
Tenn Copper . 45%! 44% 44% 44%' 45
Texas Pacific ! 24% 34 24 23%| 23%
Third Avemie ’ 39%) 39% 3»%$ 39% ....
Union Pacific 171%:i70 170%1170%1170%
U. S. Rubber ’ 64%l 64%! 64%’ 6.3%i 63%
Utah Copper . 65%| 64%’ 64%! 65%i 64%
U S. Steel . .! 71 705* 70%’ 70%! 69%
do. pfd.. . .TH % 110% 'lll% 'lll ;110%
V. Chem. . 51%; 51%l 51% 51%' 51%
West. I nion . 83% 83 83% 83%' 82%
Wabash . . . 7’-‘ 7%| 7%' 754’ 7’2
do pfd . . 18% 18%; 18% 18% 19%
West. Elec . . 74 ’74 74 72% 73
Wis. Central .... 61%' 53
W. Maryland.’ ....' 58%' 68%
Total sales, 610,000 shares.
MINING STOCKS.
BOSTON. June 6 —Opening: North
Rutt“, 31%: Boston Corbin, B%'. Old Do
minion. 59%: Butte Superior. 44%: Shan
non. 15%: Franklin, 13',; Calumet and
Arizona. 76; East Butte, 14%.
LOCAL STOCKS ANO BONDS.
PIO Asked
Atlants A West Point R R... 146 145
American National Rank .. . •*5
Allantic Coal A- Ice common. 104 1/15
Atlantic Coal A Ice pref..... 9J yj
Atlanta Brewing & Ice C 0... 17S
Atlanta National Bank . .. 32t
Central Bank * Trust Corp Is n
Exposition Cotton Mills Hl
Fourth National Bank 245 250
Fulton National Bank ’25 j
Ga Ry. A Elec, stamped.... 124 126
Ga Ry A Bow. Co., common 27 10
do. Ist pfd 80
do. 2d pfd.-.- 42 44
Hillver Trust Company 125
Lowrv National Bank :<8 - s0
ReaPy Trust Company log ] la
Sixth Ward Bank 19% j Ol
Southern Ice common 71 72%.
Third National Bank, new.. 205 210 '
Trust Co. of Georgia 225 235
Travelers Bank A Trust Co.. IJJ i- s
BONDS
Atlanta Gas Light Ist 5s ... 101% 105
Georgia State 4%5. 1915 .... 101
Georgia Midland Ist 3s 60
Ga Ry. A. Elec. Co. 5s 101
Ga. Ry A Elec. ref. 5s S 9 9954
Atlanta Consolidated 5s 102%
Atlanta City 3%5. 1931 91 92%
Atlanta City 4%5. 1921 102 103 ’
Bouth«rr> Bell 5s »» <»
NEW YORK PRODUCE MARKET.
NEW YORK. June 6 Wheal steadv;
July $1.14%fa 1.14%. spot No. 2 red $1.21%
in elevator, $1.22% f. " b. Corn steady.
No. 2 in elevator nominal, export No. 2
83 f •>. !>.. steamer nominal. No. 4 nomi
nal. Oats easy, natural white 60%®62%,
white clipped 61%fa64%. Rye quiet; No.
2 nominal f. o. b. New York. Barley
deads ; 'uniting sl.lsfa. 1.25 c. i. f. Buf
falo. Hay steady; good to prime $1.25®
1 60. poor Io fair $1.150 1.45 Flour dull;
spring patents $5.50fa5 60. straights $59/
5.60. clears $4 8505.10. winter patents
$5,904/6.10. straights $5.35®5.45, clears
$4 45fa 5
Beef firm: family slß® 18.50. Pork firm;
mess $20.25® 20.75. family $20.25® 21.25.
Lard steady; city steam 10% bid. middle
West spot 10.96(112.10 Tallow steady;
city <it' hogsheads) 6% nominal, country
iln tierces) s%®f>%.
Jatlanta MARKETS f
I I
EGGS—Fresh r.ountry candled. 17®18e
BUTTER—Jersey and creamery, tn 11K
blocks, 20%@25c; fresh country dull, 10
®l2%c per pound.
DRESSED POULTRY—Drawn, bead and
•ret on, per pound. Hens. 16®17c; fries.
zo®27c Roosters, s®Hoc. Turkeys, ow
ing to fatness, 18@20c
LIVE POULTRY—Hens. 40®4fc; roost-,
ers. 25@35c; fries, 30®’50c$ broilers. 20®
25c; puddle ducks. 35030 c; Pekin du/ks.
40045 c; geese, 50®60c each; turkeys, ow
ing to fatness. 14015 c
_„ r FRUITS AND PRODUCE.
FRLIT AND VEGETABLES—Lemons
fancy, $4,504/6.00 per box. Florida
oranges. $3.00®3.50 per Dox. Bananas,
“fa’3% per pound. Grape fruit. $5,000
6 00 per crate. Cabbage. ls».@2c per pound.
Florida cabbage, $202.50 per crate. Pea
, nuts, p er pound, fancy Virginia. 6%@7c;
S;’n'„ re ' 6%@6c. Beans, round green
»1 0001.26 per crate Florida celery.
$2 004/2.50 per crate. Squash, yellow, per
six-basket crates. $1.2501.50; lettuce,
fancy, $1.250150; choice. $1.2501.50 pet
crate. ‘-Beets. $3.0003.50 per barrel. Cu
cumbers. $1.2501.50 per crate. English
peas, per drum, SI.OO 01.25. New Irish po
tatoes, per barrel. $4.0004.50 per barrel.
Strawberries. 7010 c per quart.
F.gg plants, $2.0002.50 per crate. Pep
per, $1.75 0 2.00 per crate. Tomatoes,
fancy, six-basket crates. $2,004/2.50
choice tomatoes. $1.7502.00. Pineapples.
$2,004/2.26 per crate. Onions. $2.0002.50
per bushel Sweet potatoes, p. yam, SI.OO
f 7 *■ 35 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,
lb’4c.
Cornfield hams, 12 to 14 lbs. average
1614 C.
Cornfield skinned hams. 16 to 11 lbs.,
I / %e.
Cornfield picnic hams. 6 tt> s lbs. arer
-12 %c.
Cornfield breakfast bacon. 23c.
Grbcer style bacon (wide or narrow).
17%c.
Cornfield fresh pork sausage (link ot
bulk), 25-lb. buckets, 12c.
Cornfield frankfurters, 10-lb. buckets,
age. 10c.
Cornfield bologna sausage, 25-Ih boxes,
9c.
Cornfield luncheon hams, 25-lb. boxes.
11c.
Cornfield spiced Jellied meats in 10-lb.
dinner palls, 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-lb.
kits. $1.50.
. 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), 10c.
D. S. extra ribs. Il%c.
D. S. rib bellies, medium average.
Il%c.
D. S. rib bellies, light average. 12%c.
FLOUR AND GRAIN.
FLOUR—Postell’s Elegant, $7.60; Gloria
■(self-rising). $6.50: Victory (finest pat
ent). $6.50. Faultless, finest. $6.25; Swans
down (highest patent), $6.25, Home
Queen (highest patent), $6.00; Puritan
(highest patent). $6.00; Suh Rise (half
natent). $5.50: Tulip flour. $4.50; White
Cloud (highest patent), $6.75; Diadem
(highest patent). $5.50; Farm Bell. $5.40;
Parߣon (highest patent). $6.00; White
Lily (highest patent), $6.75; White 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;
yellow. $1.05: mixed, SI.OB.
MEAL—Plain 144-lb sacks. $1.02; 96-lb.
144-lb. sacks. $1.01; 96-lb. sacks, $1.02:
sacks, $1.03; 48-lb. sacks, $1.05; 24-lb.
sacks. $1.07.
OATS —Fancy white clipped, 72e; fancy
white, 71c: mixed. 69c.
COTTON SEED MEAL—Harper. $29.
COTTON SEED HULLS—Square sack*
$9.50 per ton.
SEEDS (Sacked)—German millet
$1.65; cane seed, amber, $1.65; cane seed,
orange, $1.40; Wheat (Tennessee), blua
stem. $140: red top cane seed. $1.35:
rye (Georgia), $1.35: Appier oats, 85c; red
rust proof oats. 72c; Burt oats, 75c:
Texas rust proof oats, 70c; winter graz
ing. 70c; Oklahoma rust proof, 50c; blue
seed oats, 50c.
1-TAY—Per hundredweight: Timothy,
choice large bales, $1.85; Timothy, choice
third bales. $1.60; Timothy No. 1, small
bales. $1.80: new alfalfa, choice. $1.(15;
Timothy No. 2, $1.70: Timothy No. 1 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— Halll'iay white, 100-Ib, sacks
$1 90; fancy. 75-lh. sacks. s'.Bs; P. W.
75-lb. sacks, SI.BO. Brown. 100-Ib. sacks.
$1,75; Georgia feed, 75-lb. lacks, $1.75;
bran. 75-lb. sacks, $1.65; 100-Ib. sacks,
81 60; Hotncoline. $1.75; Germ meal Born
eo, $1.75; sugar beet pulp, 100-lb. sacks,
$1.55; 751 b. 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,
$2.30; Purina baby chick, $2.30: Pu
rina chowder, dozen pound packages.
$2 20; Purina Chowder, 100-Ib. sacks. $2.15;
Purina scratch, 100-Ib. sacks, $2.16; Suc
cess baby chick, $2.10; Eggs, $2.20; Vic
tory baby chick, $2.30: Victory scratch,
50-lb sacks. $2.26; Victory scratch, 100-
Ih sacks, $2.15; Chicken Success baby
chick. $2.10; wheat, 2-bushel bags, per
bushel $1 40; Rooster chicken feed, 50-lb.
eacks. $1: oystershell. 80c.
GROUND FEED—Purina feed, 175-io.
sacks. $2.00; Purina molasses feed. $1.95:
Monogram, 100-Ib. sacks, $1.70; Victory
horse feed. 100-lh. sacks, $1.90; Mllko
No 1, mixed. $1.80: No. 2, $1.75; alfalfa
molasses meal. $1.85.
GROCERIES.
SUGAR—Per oound. -standard granu
lated, 5%c; New York relined, 5%c; plan
tation. 6c. . ,
COFFEE Roasted (Arbuckles), $24.25.
AAAA. $14.50 in bulk; In, bags and bar
rels, $2.10: green. 19c.
rice —Head. 4%@5%c; fancy head. 5%
06%c. according to grade.
LARD—Silver loaf. 12%c per pound
Soco. 9%c per pound; Flake White, 9%c
per pound; Cottolene. $7.75 per case;
Snowdrift, $6.25 per ease.
CHEESE— Fancy full cream. 22c.
SARDINES—Mustard. $3 per caae; one
quarter oil. $3.
MISCELLANEOUS— Georgia cane syrup
38c; axle grease, $1.75; soda crackers. 7%c:
per pound: lemon crackers, tc: oyster. sc.
tomatoes (2 pounds), $2 ease; > pounde,
$2 75: navy beans. $3.10; Lima beans. 7%c:
Shredficd biscuit. $3.60; rolled oats, $4 per
case, grits (bags), $2.20: pink salmon.
$5 10 per case; pepper. 25c per pound; R.
E Lee salmon. $7.50; cocoa. 38c; roast
beef $3.80: syrup, 30c per gallon. Sterling
ball potash. $3.30 per case: soap. $1.5004
per case. Rumford baking powder. $2 5»
per case.
KALT one hundred pounds. 49c; salt
brick (plain), per case. $2.25: salt brick
medicated), per case. $4.85: salt, red rock,
per cwt , $1.00: salt white rock, 90c; 50-
nound sacks, s29c: 25-lb. sacks, 18c.
FISH.
FISH- Bream and perch, 6c per pound,
r.napper. 9c per 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 pet
barrel.
NAVAL STORES.
SAVANNAH. June 6. Turpentine, firm
at 45; sales, 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; H. $7.37%fa7.40;
G. $7.37%fa:7.40; F. $7.37%®7.40; E. $6.75;
D, $6.4006.45; B. A. S6O 6 30
LIVERPOOL GRAIN MARKET.
Wheat opened %d lower; a: 1:30 p m.
was %d to %d lower. Closed %d to %d |
lower.
Corn opened %d to ' t d higher: at I :30 |
p nt. was %d to %d lower. Closed un
changed to %d lower.
. 1
1 Atlanta Audit Co.
Public Auditors
and Systematizes
ATLANTA and TAMPA
MS IMS
WEAKEN WHEAT
Close of Market Shows Frac
tional Losses —Corn and
Oats Irregular.
ST. LOUIS CASH QUOTATIONS.
Wheat—No. 2 red 114 ©115%
Corn 76%0 77
Oats / 52%
CHICAGO, June 6. Wheat opened with
prices off % to %c this morning on goon
rains in the 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 steady tone and
with prices about unchanged. Trade was
about equally divided on both sides.
Oats 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
ery on goixl buying On renewed reports
of rains in Kansas and Nebraska the
market turned heavy and slumped oft.
There was little reactionary power.
Corn was strong at the close and
showed advances of % to %c with Julv
particularly firm. The close was %• to
%c below best, prices.
Oats showed a gain of %c for the Julv,‘»
while September was %c lower and De
cember off %.
Provisions were stronger and a shade
higher.
CHICAGO GRAIN MARKET.
Pt«t.
,",.,9 pen - nigh. Low. cioae. Closa
WHEAT—
July 1.09% 1.09% 1.08% 1.08% 1.09%
Sept 1.05 1.05% 1.04% 1.04% 1.05%
Dec. 1.05% 1.05% 1.04% 1.04% 1.05%
CORN—
July 7.3% 74% ’ 73% 74% 73%
Sept. 72% 7.3% 73% 72% 72%
Dec. 62% 63% 62% 62% 62%
OATS—
July 50% 51% 50% 50% 50%
Sept. 44% 41% 40% 41% 41%
Dec. 42% 42% 42 42% 42%
PORK— •
Jly 18.77% 1.8.77% 118.67% 18.70 18.70
Spt 18.85 19.82% J 8.82%.82% 18.90 18.85
LARD—
Jly 10.92% 10.95 10.92% 10.95 10.87%
Spt 11.07% 11.12% 11.07% 11.12% 11.07%
Oct 11.20 1 1.72% 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 CA6H QUOTATIONS.
CHIC.VIO, June 6.—Wheat. No. 2 red,
$1.1101.12%; No. 3 red, $l.08%@1.10%;
No. 2 hard winter. $1.1001.11%; No. 3
hard winter, $1.0801.09%: No. 1 northern
spring. $1.1601.19: No. 2 northern spring,
$1.09fa1.15.
Corn, No 2. 75076; No. 2 white, 80®
80%; No. 3 yellow. 76'4076%; No. 3, 740
75; No. 3 white, 78%©79%; No. 3 yellow,
75%fa7fi,-No. I. 70'4071; No.-4 white, 1*
0 78; No. 4 yellow. 72’4074%.
Oats. No. 2 white. 55%0 - 56; No. .3 white.
53%©54%; No. 4 white. 50%®54; Stand
ard. 54'4055%.
PRIMARY MOVEMENy.
| 1912 | 13H
Receipts I 353,000 309,000
Shipments | 208,000 168,000
CORN— | r
Receipts ’"1.030,000 678'dob"
Shipments 308,000 ! 618.000
.
ARGENTINE SHIPMENTS.
Following shows the estimated Argen
tine shipments in wheat and corn for the
week 'IT/is
Week.
Wheat, bushels. 2,400,000
Corn 5,100.000
CHICAGO CAR LOTS.
Following are receipts for Thursday and
estimated receipts for Friday.
Wheat 1 23 16
Corn 310 526
Oats : 93 122
Ilogs 16,009 18,000
NEW YORK COFFEE MARKET.
Coffee quotations:
I Opening. { Closing.
January | |13.76 0i’3.'78
February 13.65013.68
March 13.78@13.80
April ’ 13.79@13.80
May 113.63013.64:13.79® 13.81
June 113.42013.44
July 13.35013.37 13.48013 49
August ;13.56(a 13.58
September ... 13.510 13.5313 650 13 66
October 113.680H3.70
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, Bag
cot ,<• Co.: A firmer feeling prevailed
in the cotton seed oil market, with good
scattered buying and small offerings
Lard and cotton were firmer, and, while
refiners were said to be selling, offerings
were readily absorbed And shorts ap
peared nervous.
Cotton seed ofl quotations:
I Opening. 1 Closing
dpot : .1
June I 6.8506.89 6.7506.86
Julv 4 .j 6.8806.91 I 6.9206.94
August . . . . 7.0307.04 ' 7.0707.07
September .... 7.1407.15 7.1807.20
October 7.1207.13 I 7.1407.16
November ... 6.6906.76 1 6.7206.75
December .... 6.6306.69 ! 6.6306,66
Closed firm; sales 12.300 barrels.
|— — /BWh
y|]g of this community
1— is the sum of the
Prosperity pr<,sperity ° f »*•
j - - members.
And is largely refected 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
is denied the privileges of an as
sociation with this bank. There are
none whose dealings are too unim
portant to receive considerate at
tention.
AMERICAN
NATIONAL
BANK
17