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TALK BRIGHTER TRAN BUSINESS Roseate Conversation About Condition Is Quite Far Fetched. By S. C. FORBES. NEW YORK, June 13.- Business is not so cheerful as the talk about it. Half a score of America's railroad and Industrial giants have brightened the pages of the newspapers with roseate de scriptions of current conditions, while no colors bright enough to paint the future can be found. Much of this expressed optimism is feigned. The speakers have discussed only the favorable features. They have coolly glossed over the factors which hold them in restraint. The true position of the United States today lies between the ultra optimism of some and the ex treme pessimism of others who complain that politics is sending the country to the bow-wows. The crops are doing moderately well. Railroad presidents who have looked over thv> ground throughout the Northwest bring back encouraging tidings concern ing agricultural conditions there, although it is too early to form definite conclu sions as to what the harvests actually will bring. The government's report on cotton, showing a condition of 79 per cent,, is not inspiring, to say the least; in fact, this foreshadows a much smaller crop than had been anticipated, and has sent quotations sharply upward. The harvester trust has announced its intention of producing an unprecedented amount of farm implements for which the management is confident of finding a ready market. Much has been made of this in Wall Street, but. need it be point ed out tha t the action is based upon "ex pectations rather than upon actualities? Not Like the Vagrant’s Whisky. The avidity with which favorable symp toms are seized and magnified at this time is suggestive of the story told of the vagrant who entered a saloon and ordered a glass of whisky, tendering ten coppers in payment. The bartender served dregs. The customer lauded the stuff to the skies and ordered another, paying this time with two nickels. Again he was served with the worst stuff in the place. He repeated his praise and or dered another, at the same time laying down a dime. The performance was repeated, and when finally a dollar bill was tendered a really good glass of whisky was supplied. This time the customer had not a word to say in approval of the drink. He started to walk out. Surprised, the bar tender asked: “Didn’t you like that brand? Wasn’t M good stuff?" “Yes," replied the nomad, “that whisky speaks for Itself—it needs no boosting." Conditions in the United States seem to call for a lot of boosting. Metal Industries Booming. Mercantile advices from the West do not seem to justify the exuberance now so generally expressed. On the other hand, no one can deny that the iron and steel industry is working feverishly to cope with the “spate” of orders that are pouring in. Then copper metal is enjoy ing a phenomenal rise. The price is creeping toward eighteen cents a pound, although from one or two inside quarters come hints that the situation does not warrant any such movement. Wall Street, however, is quite willing to ac cept, without scrutiny, the gifts the gods send. As for our foreign trade, it is booming as never before—at least when measured by dollars, although it is well to remem ber that high prices have a good deal to do with raising the record of values. Turning to financial matters, the most discouraging feature is the lack of de mand for Investments. The plain truth is that bonds are hard to sell even when attractive yields are offered. In not a few instances when very high rates are held out investors simply sell their old holdings and reinvest in new issues. The very extensive disbursements in dividends and interest at the end of the half year should, however, bring some new busi ness. Berlin Faces Money Squeeze. Abroad, apprehension is felt concern ing Germany. That country has bor rowed very heavily and placed the funds in industry and other enterprises from which they can not readily be. withdrawn. A squeeze is threatened in Berlin before the June-July settlements are effected. New York and Chicago have transmitted considerable sums, while Paris has also come to Berlin's assistance, yet even so discount rates there are uncomfortably high. In France and in England fitoney is fairly plentiful, but the applications for new capital are so heavy that the as similation can scarcely keep pace. American securities are injured abroad by the political storm here. America has become so accustomed to political wrang ling that it now takes the Taft-Roosevelt fighting as a matter of course, but Euro peans stand aghast at the spectacle. Our financiers are doing their best to min imize political turmoil. Indeed, Influential stock market operators seek to convince the public that no matter what happens at Chicago and Baltimore the effect can only be helpful—another instance of boosting On the New York stock exchange no genuine weakness has appeared. Fluc tuations have been irregular, but ad vances have outnumbered declines. The Moore-Reid faction still leads. This lead ership is not of the most commanding or inspiring kind. It has not. succeeded In drawing the general public into the mar ket in any considerable number. The strongest banking interests are doing lit tle pending political and agricultural de velopments. HIGH COST OF LIVING PRECIPITATES STRIKE ON STATE RAILROAD AUGUSTA, GA., June 13—Following a refusal of their demands for addi tional pay, the ear repairers of the Georgia railroad are going on a strike. Twenty-one of them are already out and it is said that the remaining 33 will go out on Saturday unless their de mands are granted. The ear repairers allege that the price of the necessities of life has gone up In recent years and the road has failed to raise their sala ries proportionate to the Increased cost of living. The Georgia road officials will make no statement. The road has recently increased the pay of its machinists from $3.50 to $4 per day. DRUG MEN FIGHT NEIR-DEERBILL Declare Alcohol Clause of Tip pins Measure Means Ruin to Trade in Georgia. Unless amended to meet the require ments of the dfug trade of the state, the famous Tippins bill, the first bill on the house calendar for consideration by the Georgia legislature at its forthcom ing summer session, will be bitterly fought by the druggists. The Tippins bill is primarily aimed at the near-beer dealers and manufac turers of Georgia. Under its provisions no beer or liquid compound manufac tured for sale as an “imitation" beer could be sold in any event, and no compound whatsoever containing more than one per cent of alcohol could be marketed, either in wholesale or retail quantities. The passage'of this bill, with the governor's signature attached, inevita bly would close every near-beer bar in Georgia. It would also absolutely stop the manufacture of beer or any imita tion thereof. Druggists Ready For Fight. The druggists of the state do not op pose those things so strenuously as they’ dp oppose the provision of the Tip pins bill which prohibits the sale of any liquid compound containing more than one per cent of alcohol. The druggists of Georgia appointed a com mittee to confer with a legislative com mittee looking to the amending of the Tippins bill in such wise as to remove that objectionable feature, but the com mittee from the druggists claim that the bill was not so amended, as the leg islative committee said it should be, hence the druggists will fight it, as it stands. Druggists, returning from the annual meeting of the Georgia Pharmaceutical association, now in session in Savan nah. say that the Tippins bill has been a topic of continued discussion during the progress of the convention. They say that the druggists will oppose it virtually to a man, In its present form. The druggists claim that the Tippins bill would drive the sale of drugs abso lutely from the state, if enacted tn its present form. They point out, for in stance, that paregoric, one of the com monest. articles of sale in drug stores, would be barred from the market under the operation of this bill, because it contains necessarily a high percentage of alcohol. They cite scores of other drugs that would be eliminated from the trade by the Tippins bill. Early Vote on Bill Expected. The Tippins bill will come up for ac tion early in the summer session of the legislature. It-. has been read in the house twice, and can hardly be kept from a vote long. After it passes the house, if it does pass, and it generally is predicted that It will, it must go to the senate. If the senate passes it, there still is the chance that the gov ernor will veto it—that, in all likeli hood, will depend upon the shape in which it gets to the governor. Already there, is talk of amending it, before it leaves the house. An amend ment providing for the abolition of “locker clubs" is being talked of; an other amendment to meet the objec tions of the drug trade has its advo cates; while still another amendment, vague and indefinite as yet, is being thought out, whereby it may be re ferred to the people for approval or re jection, as the case may be, after it is passed by the legislature. WIFE HIDES HIS CLOTHES; ESCAPES WITHOUT THEM NEW YORK, June 13. —Mrs. James Frank Hauser took away her husband’s clothes to keep him sober, pnd Janies ran a Marathon through Harlem streets in his birthday suit until he was captured. LIVE STOCK MARKET. CHICAGO. June 13.—Hogs—Receipts 25,000. Market 5c to 10c lower; mixed and butchers $7.05@7.52, good heavy $7.45 @7.55. rough heavy $7.05@7.35, light s7@ 7.45. pigs $5.10 0 6.90. bulk $7.4007.50. Cattle —Receipts 4.500. Market steady; beeves $6.2009.40, Cows and heifers $2 50 @8.25, Stockers and feeders $5@6.90, Tex ans $6.5008.10. calves s7.so<ti 8.75 Sheep—Receipts 16,000. Market weak to 10c lower; native and Western $3.6505, lambs $4.6008.10. NEW YORK COFFEE MARKET. Coffee quo!ationsf: |_ Opening. I Closing. _ January 7 : 13.80& 13.85;t 3.86<& 13.88 February 113.78® 13.75 13.84 0 13.88 March '13.84 ’13.87013.89 April 13,84 0 13 88|13.88013 90 May 13.86013.88113.91013.93 June 1:8.50013.53 July 13 48 13.55013.60 August 13.580 13.65 13.65(513.66 September 13.66 i13.73@13.74 October 1 3.730'13.78)13.755;! 3.77 November [13.74013.80’13.800 13.83 December . . 13.80$ 13.84 13.86013.87 Closed Army Sales, 85,250 bags. ATLANTA LIVE STOCK MARKET. (By W. H. White, Jr., of the White Pro vision Company.) Quotations based on actual purchases during the current week: Choice to good steers, 1,000 to 1,200. 6.75 @6.50; good steers. 800 to 1,000, 5.5006.00 medium to good steers, 700 to 850, 5.000 5.50; good io choice beef cows. 800 to 900. 4.500 5.00; medium to good beef cows. 700 to 800, $4.0004.75; good to choice heifers, 750 to 850. 4.2505.25: medium to good heifers. 650 to 750, 3.7504.50. The above represent ruling prices of good quality of beef cattle Inferior grades and dairy types selling tower Mixed common steers, if fat, 700 to 800. $4.0004.75; mixed common cows, if fat. 600 to 800, $3.5004.25; mixed common bunches to fair, 600 to 800, 2.75@3.50; good butch er bulls, 3.3504.00 Prime hogs. 100 to 200 average. 7.40@ 7.60; good butcher hogs, 110 to 160, 7.20@ 7.40; good butcher pigs. 100 to 140. 7.000 7.25; light pigs. 80 to 100, 5.50@6c; heavy rough hogs. 200 to 250, 6.50@7c. Above nuotations apply to corn-fed hogs Mast and peanut fattened hogs. 1@ l%c and under Cattle receipts continue light and un even. Good beef steers scarce and higher. The better grades of cows are In good demand at slightly advanced prices. This week’s receipts consisted mostly of mixed grades. Irregular in weight and quality, and while the tendency on the better grades has been upward, prices on the inferior grades have ranged lower. The market generally is considered steady to strong on the better types of beef rattle, while the inferior grades are lower Hog receipts about normal; with mar ket steady. THE ATLANTA GEORGIAN AND NEWS. THURSDAY, JUNE 13. 1912. NEWS AND GOSSIP Os the Fleecy Staple NEW YORK. June 13.—Carpenter, Bag got & Co.: Spot Interests are best buy ers and looks as if market would sell higher before a reaction sets' in. McFad den, Mitchell and Cone buying. McGhee and Schill selling. Ring bid for cotton, but bought very little. Good demand for July firming market. McFadden, Weld and Liverpool bought. Schill and locals sold. Market feattireless; some selling by ring operators, but spot people seem to want cotton. Estimated receipts Friday: 1912. 1911. New Orleans 700 to 900 115 Following are 11 a. m. bids: July, 11.35; Octobea 11.53; December, 11.63; January, 11.61. Dallas wires: “Texas, west portion generally cloudy. balance scattered; clouds, light rain between Cisco and Santo: light at Houston. Oklahoma, gen erally cloudy; heavy rains at Sayre, Clin ton, Geary, Lawton. Mulhall. Kingfisher, Newkirk, Perry, Holdenville. Haileyville and light rain In Chandler; good rain in Oklahoma City.” The ring crowd bidding for cotton, but buying was very little. Spots interests best buyers today and looks as if the market will sell higher. NEW ORLEANS, June 13.—Hayward & Clark; The weather map perfect; fair in Texas and Atlantic states; nartly cloudy to cloudy elsewhere. Some rain in Okla homa and light showers in Mississippi and Louisiana, with some heavy rains near coast. Temperatures moderate. Indica tions are for more rain In Oklahoma and Arkansas; possibly some showers in Mis sissippi and rains near coast; balance fair and warm. A telegram Oklahoma City says: “Ben eficial rains In western Oklahoma." Local storm warning reported: south west storm warning on Louisiana coast at 7:30 a. m.: disturbance over southern Louisiana, apparently moving northward; brisk to high southerly to westerly winds today, subsiding tonight. J. A. Kennedy wires from Corsicana. Tex.: “Conditions excellent over central Texas, except dry spots. Weevil reported in east Texas by government inspectors. Indications for rain." New Orleans Times-Deniocrat says: Galveston, Memphis and New Orleans ad vanced the price in spots % of a cent, the latter to 12’4. Combined, these three markets sold 1,179 actual bales, and only 21 bales on f. o. b. terms. There are only 32,195 bales In New Orleans warehouses, as against 68,869 at this time last year, but 14,231 bales are on shipboard, await ing clearance, as contrasted with 8,442 last year. There is active demand for actual cotton; anything of a desirable character finds a ready sale. It now appears fully probable that the spot market, and the July delivery will bold fairly close together, and that while there will hardly be anything bordering on a genuine squeeze In the mid-summer month, shorts »ill not go scott free, as there are some July longs who say they will want bale for bale. At Liverpool the penalties on low grade spots being tendered on contracts are influencing the June-July position In a direct way. that delivery having advanced nine English points yesterday, as against a five-point advance on the later positions. ThTweatherl CONDITIONS. WASHINGTON, June 13.—The Indica tions are that there will be showers dur ing the next thirty-six hours in the re gion of the Great Lakes, the Ohio and Mississippi valleys, the east Gulf states and Florida. The weather will be fair tonight and probably Friday in the At lantic states. The temperature will ba somewhat lower tonight in the middle Atlantic states, and frost is probable in New Eng land and interior New York The tem perature will rise in the region of the Great Lakes. Storm warnings are dis played on the Gulf coast from New Or leans to Pensacola GENERAL FORECAST. Following is forecast until 7 p. m. Fri day: x Georgia-Unsettled weather, probably showers in western portion tonight or Friday. Virginia -Fair tonight and probably Fri day; slightly cooler in eastern and south ern portions tonight. North Carolina—Generally fair tonight and Friday. South Carolina—Fair tonight; Friday unsettled. Florida -Showers tonight or Friday. Alabama and Mississippi—Showers this afternoon and tonight; Friday unsettled Lcuisiana—Generally fair. Arkansas—Unsettled; showers. Oklahoma and Texas—Generally fair. DAILY WEATHER REPORT. ATLANTA, Thursday, June 13. Lowest temperature 69 Highest temperature 82 Mean temperature 76 Normal temperature 75 Rainfall tn past 24 hours, inches 0.00 Excess since Ist of month, inches.... 1.99 Excess since January 1, inches 1.1.26 REPORTS FROM VARIOUS STATIONS. |Temperature|R’fall Stations— I Weath. [ 7 j Max. | 24 I 'a. m. ly'day, [hours. Augusta [Clear I 70 Atlanta Pt. cldy. [ 72 82 .... Atlantic City.'Clear 66 78 .... Anniston .... [Pt. cldy.! 72 84 .... Boston IClear I 56 1 82 .58 Buffalo Clear ' 50 68 .08 Charleston ...’Clear I 74 ! 80 Chicago Cloudy 54 62 ! .... Denver Clear 56 ' 74 1 .02 Des Moines .. Cloudy 60 80 .48 Duluth Cloudy : 50 I 66 I .... Eastport ’Cloudy 46 62 .42 Galveston .... Clear 76 82 ' .20 Helena [Cloudy [ 52 ' 82 I .. . . Houston Clear 74 ( .01 Huron Cloudy I 64 ■' 72 i .30 Jacksonville. [.Clear 1 76 82 .01 Kansas City. .[Cloudy ‘ 70 86 | .... Knoxville ....’Clear 66 84 .... Louisville ... Pt cldy.i 72 88 .... Macon Clear ' 74 84 .... Memphis ....Cloudy, 76 ! 88 .... Meridian [Cloudy [ 74 .... Mobile Cloudy [ 76 84 .... Miami [Cloudy [ 80 I 88 .04 Montgomery [Pt. cldy. 1 74 : 86 .... Moorhead ..Raining 56 74 .04 New Orleans . IRafning ' 74 84 .50 New York... .[Clear 64 80 I .01 North Platte. I Pt. cldy! 64 I 72 1 .01 Oklahoma ...[Cloudy 64 SR .26 Palestine ....[Clear 76 f'. ! .... Pittsburg ... . Pt. cldy.’ 56 SO .02 P'land, Oreg. . Cloudy I 66 j 62 ! .04 San Francisco Cloudy 56 62 i .04 St. Louis [Pt. cldy. 72 86 .... St. Paul [Cloudy 58 72 I .... S. Uike City.[Raining 62 80 .16 Savannah .. .IClear 72 I Washington . Cloudy 68 88 1 .... C. F. VON HERMANN. Section Director. NEW YORK PRODUCE MARKET. NEW YORK, June 13.- Wheat steady; July $1.14%@1.14%, spot No. 2 red $1.1914 in elevator and $1.19% f- <>• b. Corn firm. No. 2 in elevator nominal, export No. 2 82% f. o. b., steamer nominal. No. 4 nom inal. Oats dull; natural white 60062, white clipped 61 @64. Rye quiet.; No. 2 nominal f. o. b. New York. Barley steady: malting $1,1.501.25 c. I. f Buffalo. Hay steady; good to prime $1.2501.60, poor to fair $1.1501.45. Flour inactive: spring patents $5.5006, straights $505.35. clears $4.850 5.10, win ter patents $5,900 6.10, straights $5,360 5.45, clears $4.7605. Beef firm; family $18018.50. Pork dull; mess $20.600 21. family $20.250 21.50. Lard Stead) ; city steam 10’ s nominal, middle West spot 10.85 bid. Tallow steady; city (in hogsheads 3 6%06%, country (in tierrest s%@6’s. NEW YORK GROCERIES. NEW YORK, June 13. -Coffee, steady, No. 7 Rio,. 14%. Rice, firm; domestic, ordinary to prime, 4%@5%C. Molasses, quiet; New Orleans, open kettle, 350 45. Sugar, raw, steady: centrifugal. $3.92; muscovado. $3.42: rnolasses sugar, $3.17; refined, quiet, standard granulated. $5.15; cut loaf. $5.90; crushed. $5.80; mold A, $5.50; cubes. $5.35: powdered. $5.20. dia mond A. $5 10; confectioners A, $4.95; No. 1, $4 95; No. 2, $4.90; No. 3, $4.85; No. 4, $4.80. TRADING IN JULY COTTONFEME Strong Demand for Spots. Weather Conditions Favora ble-Opens at Decline. NEW YORK, June 13.—Cotton today on the opening displayed weakness on the favorable weather conditions over Texas and the Atlantic states, showing a de cline of 1 to 5 points, with July leading the decline. After the first fifteen min utes of trading the market made a switch, due to the storm warning near the Louis iana coast, which Was moving north ward. This report started prices up ward, gaining the amount of the decline, with prices unchanged to 5 points better than the opening. The market became a quiet affair dur ing the mid-day session, and consider able irregularity was shown after the early advance. Prices began to sag to ward the opening prices. July dis played the most activity, sustaining the gain made in the early trading, with other positions comparatively weak. Spots were tn fair demand by spot houses here and in Liverpool, but very little was offered. Bears anticipate a lower market on the close. At the close the market was steady with prices tanging from unchanged to 2 points lower than the final of yesterday. RANGE IN NEW YORK rUTUMES rTsTTHi i ii O X U mW U .LU June 111.28 11.28 11.28j11.28 11.28 11.28-32 July 111.33 11.39 11.33’11.38 11.38-39 11.38-39 Aug. 11.43 11.45 11.41111.45 11.44-45 11.44-46 Sept. [11.44 11.46 11.44 11.44 11.48-50111.49-61 Oct. ’ll. 56 11.58 11.52 11.56 11.56-57111.57-58 Nov. I j i 11.60-62)11.61-63 Dec. [11.64 'LI. 68 11.62111.67 11.66-67 11.67-68 Jan. 11.61111.65 11.59111.64 11.63-64 11.54-65 Feb. I [ 11.67-69111.68-70 Meh. ill. 76 11.77 11.74 11.76'11.76-77 11.77-78 May I I j 11 81 -83 11 83-84 Closed steady. Liverpool was due 1% points higher on July and unchanged to 1 point higher on other position. The market opened steady I to 1% points higher at 12:15 p. m. The market was quiet but steady, % to 1% points higher. Later cables were % point lower than 12:15 p. m. Spot cotton in good demand at 6 points advance; mid dling 6.60; sales 12,000 bales, including 10,000 American; Imports 4,000 bales, in cluding 3.000 American. Estimated port receipts today 2,000, compared with 6,811 last week and 1,485 last year and 5,971 year before last. The close was barely steady, with prices ranging from unchanged to % point better on near positions and 14 to 1 point decline on distants. RANGE IN LIVERPOOL FUTURES. Futures opened steady. Opening. Frey, Range. 2 P. M. Close. Close- June . . . 6.39%-6.40 6.38% 6.39 6.38% June-July 6.39 -6.39% 6.39 6.38% 6.38 July-Aug 6.40 -6.39 6.39% 6.39 6.39 Aug.-Sept 6.39 -6.39% 6.38% 6.38% 6.38 Sept.-Oct. 6.32%-6.33 6.32 6.31 6.31% Oct.-Nov. 6.30 -6.29 6.29 6.27% 6.28% Nov.-Dec. 6.28 -6 27% 6.27 6.26 6.27 Dec.-Jan. 6.27 -6.27% 6.25% 6.26% Jan.sFeb. 6.28 -6.27 6.26 6.25% 6.26% Feb.-Mch. 6.27%-6.28 6.26 6.27 Mch.-Apr 6.29%-6.29 6.27% 6.27 6.28 Apr.-May 6.28 6.29 Closed barely steady. HAYWARD & CLARK'S , DAILY COTTON LETTER NEW ORLEANS, June 13—The weath er map shows further favorable .develop ments overnight. Temperatures rose and are now ■prmal over the entire belt. Some rain in Oklahoma and lower central belt. The Atlantics and Texas had fair and warm weather. Indications are for cloudy weather in northwestern quarter and probably further showers there. Some precipitation also in lower central belt. Fair elsewhere, the most favorable, development in prospect is that Arkansas will get rain. The weekly weather report last Tuesday said that conditions in Louisiana were unfavorable. Private reports are jus# the reverse. Liverpool shows further strength In the spot division, quoting spots 6 points higher, with sales Os 12,000 bales. Futures ruled easier. There Is no scarcity of cot ton as stocks everywhere abroad are a great deal larger than in the past few years, but arbitration and tender condi tions have been made so much more se vere that much of the pressure and ex cess stock is eliminated. This applies not only to the foreign markets, but Io ours also. It is these technical conditions which give advantage to the bull interests and permit the con trol bv them which is at present expe rienced in all markets. It is thought that relief from this situation can only come from new cotton. Our market opened at unchanged fig ures and held steady in spite of rains in Oklahoma and prospects for rain in Ar kansas. Trading very narrow. Great scarcity of sellers showing a perfect sub mission to the control of the bull inter ests The into-sight for the week looks around 42,000, against 35,150 bales last year. Comparisons of mill takings to morrow are expected bullish, as we com pare with takings for the same week last year of only 168.000 bales. Government detailed records show that nearly the en tire state of Oklahoma had good rains. Nine out of eleven government stations in the, state show an average of .60. A professional wire from New York says there ate so many short contracts tied up by the bull interests that only perfect weather can prevent an advanc. RANGE IN NEW ORLEANS FUTURES. ? ■= I t I s«!’ s ►; S * E 15-3 I o »" o s J Jw j o a.u JuneT777 1 1.-..-T 12.10 1241 July 12.15 12.1642.09 12.14:12.13-14 12.15-16 Aug 111.90-9241.91 Sept : I I '1176-78111.84-86 ( K-t 11.71 11.76)11.64 41.69,11.68-69 11.71-72 Nov '. .. . I ' 11.69-71 [11.72-73 Dec' 11.74 11.75 11.6941.71 11 71-72 1.1.75-76 Jan 41.73 11 7541.73 11.75111.75-*6‘11.79-80 Feb 11.77-79 11.83-85 Meh 1 1.84 1 1.86 11.84 11.85'11.74-85' 11.88-89 Apr I I ’ 111-86-88 Closed steady. SPOT COTTON MARKET, Atlanta, steady; middling 11%. New York, steady; middling 11.80. New Orleans, quiet; middling 12%. Liverpool, steady; middling 6.60 d. Savannah, quiet; middling 11%. Augusta, quiet; middling 12c. Mobile, steady; middling 11%. Galveston, firm; middling-12c Norfolk, steady; middling 11%. Wilmington, nominal. Little Rock, barely steady; middling II 11 16. Charleston, nominal; middling 14%. Philadelphia, quiet, middling 12.05. Boston, quiet; middling 11.80, Baltimore, nominal: middling 11%. Memphis, steady; middling 12c. St. l.ouis. steady; middling 11%. Houston, steady; middling 11 13-16. Louisville, firm; middling 12c. PORT RECEIPTS. The following table shows receipts st the ports today compared with the same day laat year; T 1912. | 1911, New Orleans. " ” 7T~ 178 j 956 Galveston : 717 127 Mobile ...... 75 2 Savannah 838 , 216 Charleston 14 [ 2 Wilmington. . . .I 36 ' 125 Norfolk 343 26 Boston j .... I 23 ~Total” . . . .~m 2,191 | 1.485 INTERIOR MOVEMENT. ~~l 1912. _ J_l9l‘l Houston I 192 I 99 Augusta 71 I 3> Memphis 557 645 St. Louis 408 257 Cincinnati. . . . . 113 443 Litll e Rock . L _ 24 Total I 1.341 | ~ 1,505 STOCK BRKET IS BULE BUT STEIDY Virginia-Carolina Chemical the Only Issue to Drop, Others Advancing Fractionally. By CHARU'S W. STORM. NEW YORK, June 13.—There was con siderable pressure exerted on the cotton market at the opening today over reports ot favorable weather in the gulf belt, causing prices to fall off 1 to 5 points. Old crop months were well supported, however. Reports had it that the rains over Texas were not heavy enough to af fect the crop. Futures and spot in Liverpool were steady. After the first fifteen minutes of trad ing the market made a switch, due to the storm warning near the Louisiana coast, which was moving northward. This report started prices upward, gaining the amount of the decliite, with prices un changed to 5 points better than the open ing’ . Thre was a scant supply of stocks in the late afternoon and about the only offerings, even on fractional advances, came from a few. of the professional trad ers on the floor, and in most cases this selling was for short account. The ma jority of the Important issues were firm. The local traction stocks were fairly strong. The tone was firm and catlve Issues ranged above Wednesday's closing Union Pacific and Southern Pacific ad vanced % each. The copper stocks also made gains. A number of specialties were fairly ac tive. American Beet Sugar advancing % to 75%. Further accumulation was evident in the American Sugar Refining Guggenheim Exploration, the new cer tificates ot which were listed yesterday, opened at 57, and then advanced to 58. United States Steel opened % up and advanced % additional in a few minutes. The curb was irregular. Americans In London Were narrow Canadian Pacific in London sustained an upturn. Stocks were in scant supply in the late afternoon trading. Deliveries were very slow even in such active stocks as U. S. Steel The copper group was the most important in the trading Guggenheim Exploration continued in demand, htoving up 2 points and crossing 60 American Smelting, Amalgamated, Chino and other coppers were strong and In demand. The market closed steady. Governments unchanged; other bonds steady. Stock quotations: | [Last Civs Prev STOCKS- (High Low.[Sale. Bid. Cl’ss A mat Copper.) 86% 85% 85%l 85% 85% Am. Ice Sec...! 26% 26% Am. Sug. Ref. 1132% 131% 131% 131% 131% Am. Smelting : 85% 85% 85% 85% 85 Am. Locomo. .J 41% 41% Am. Car Fdy..! 58% 69 Am. Cot. Oil ..I .... 51% 52% Am. Woolen 28 28 Anaconda .... 44% 44 44% 44% 43% Atchison 106%[106% 106% 106% 106% A. C. L I 140% 140% Am. Can I 34% 33% 34 34 34% do, pref. ..1117 116% 116% 116% 117 Am. Beet Sug.| 75% 75 75% 75 74% Am. T. and T. 146% 145% 145%i145% 145% Am. Agrlcul.. : ....: 60% 60% Beth. Steel ..[ 87%! 37 j 37 37 37 B. R. T 88%! 88%’ 88% 88% 88% B. and O. , ...I [ ....108 107% Can. Pacific '266% 265%j265% 265% 265% Corn Products 15% 15%) 15% 15 15 C. and 0 77% 77%! 77% 77% 77% Consol. Gas .. i 140% Cen. Leather ............. 25 25 Colo. F. and I.! 38%l 82%! 82%! 82% 31% Colo. South .... .... 39 39 D. and H ... .1 .... 168 167% Den. and R. G ........ 19% 19% Distil. Secur... 33 I 32% 33 33 32% Erie | 34%l 34%l 34% 34% 34% do, pref. .. .... .... .... 52% 52 Gen. Electric |169% ! 169% :169% 169 168% Goldfield Cons' .... 4% 4% G. Western ...| I .... 17 17 G. North., pfd. 133% 133% 183% 183% 133% G. North.’Ore.. 41% 41%| 41% 41% 41 Int. Harvester j I .... 118% 118% 111. Central .. 137%;127 '127% 126% 126% Interboro 20%! 20 ’2O 19% 19% do, pref. .. 58% 58 58 57% 57% lowa Central 11 11 K. C. South 24 24 K. and T 27% 27% do, pref. ..I 69% 60 L. Valley. . . 173% 172% 172% 172% 172 L. and N.. . .’157% 157% 157% 157 157 Mo. Pacific . .1 38% 36% 36%l 36% 86% N. Y. Central 118% 118 118% 118 117% Northwest. . ....1135 1135% Nat. Lead . ....[ .... 57%i 57 N. and W.. . .'112% 111% 112 !112%i111% No. Pacific . .119% 11(1% 119% 119%1119% O. and W.. ..! .... .... i .... 37 36 Penn 124 123% 124 |123% 123% Pacific Mall I 33 I 33% P. Gas Co. . . 1 114%[114%j114%|114 1114 P. Steel Car .... 35% 34% Reading .... 168%’167% 167% 167% 167,% Rock Island. . 25 : 25 : 25 25 24% do. pfd.. . . 50%! 50%' 60%! 50 : 49% R. I. and Steel 23%, 23% do. pfd.. . . 79 '79 79 [7B ' 78% ~S.-Sheffield | 151 51 So. Pacific . .[109% 109%[109%il09%(109 I .<. So. Railway I 28%1 28%! 28%1 28%: 28% do. pfd.. . .’ .... ... .’ 73% 73% St. Paul. . . J 103% 103 103% 103% 103 Tenn. Copper 45% 44%l 45%' 45% 44 Texas Pacific ! .... ....! ....! 23%' 23% Third Avenue I ... . 1 ... . . ... .! 38%! 38% Union Pacific h. 69% 168% 169% 169% 168 u, U. S. Rubber ' 63% 63%: 63%: 63% 63% Utah Copper . 64 63%) 63%| 63% 63% U. S. Steel . . «9%! 69% 69%' 69%> 68% do. pfd . . ! 110%'110% 110%ill0 110% V. Chem. .: 50%> 47%l 48%i 48UI 50 West. Union 83%' 82% 83%: 82%l 83% Wabash 7% ! 7%l 7%: 7%: 7 do. pfd.. . . 17% 17% 17% 17 17% West. Elec.. .. 72%' 72% 72% 73 72% Wis. Central [ ... I ... .... 52%’ 52% W Maryland ._. 57 57 Total sales, 182.100 shares LOCAL STOCKS AND BONOS Bld. Asked. Atlanta 0 West Point. R R... 141 i<| American National Bank ... ;$5 ;i a Atlantic Coal X- Ice common. 104 Jog Atlantic Coal & Ice pref sj $| Atlanta Brewing & lee C 0... 17$ Atlanta National Bank .... $24 Central Bank & Trust Corp igj Exposition Cotton Mills im jgg Fourth National Bank 245 250 Fulton National Bank ;25 Ga Rv. & Elec, stamped..., UM 12s Ga Ry ft Pow. Co., common 27 so do. Ist pfd $9 go do. 2d pW- 42 44 Hill ver Trust Company 125 Lowry National Bank 24$ jjj) Realty Tryst Company 108 jjj Sixth Ward Bank <t 9 % 101 Southern Ice common 71 ? 2 u Third Nations’ Bank, new . 205 210 Trust Co. of Georgia .. . 225 235 Travelers Bank & Trust Co.. 135 124 BONDS Atlanta Gas Light Ist 5s ... 101% 105 Georgia State 4%5. 19i5 .... 101 Georgia Midland Ist 3a an g] Ga Rv ft Elec. Co. 5s 101 Ga. Rv. ft Elec. ref. 5s 99 Atlanta C. . solldatcd 5s 102% ..." Atlanta City 3%a, 1931 91 92% Allanta City 4%5, 1921 102 103 Southern Bell 5s »»% NAVAL STORES. SAVANNAH, June 13. Turpentine firm at 14%; receipts. 1.391. Rain firm: receipts. 5,156: water white, $7.500 7 65, window glass. $7.6007.65; N, $7 450 7 65; M. $7,400’7.46; K. $7.1507 37%: I, $7 3007.37%: H, $7.30®7.35; G, $7.35; F $7.20@7»i8%: E. $6.80 0 6.90; D, ?«.45@ 6.55; B. $6.0006.25. COTTON MARKET OPINIONS. Thompson. Towle ft Co.: We expect higher contract value. Logan ft. Bryan: Only perfect weather will prevent market seeking a higher level. Millet ft- Co.; The market is In n strong technical position, and responds very quickly to bull manipulation. J. S Bache ft Co.: The strengthened spot situation at home and abroad makes the bull position to our minds the more desirable. ATLANTA MARKETS]' EGGS —Fresh country candled, 17@18c. BUTTER—Jersey and creamery, in 1-lb. blocks. 20%0 26c; fresh country dull, 10@ 12%c pound. DRESSED POULTRY—Drawn, head and feet on, per pound: Hens 160)17c, fries 26027 c. roosters B®loc, turkeys, owing to fatness, 18@20c. LIVE POULTRY —Hens 40@45c, roost ers 25@35c, fries 30@50e. broilers 20®25c, puddle ducks 25@30c. Pekin ducks 40© 45c, geese 50®60c each, turkeys, owing to fatness. 14@15c. FRUITS AND PRODUCE. FRUIT AND VEG ETA BT.ES- Lemons, fancy. $4 5005 per box. Florida oranges, $30340 per box. Bananas, 3@3%c per pound. Grapefruit, sso'6 per crate. Cab bage, I%@2c per pound. Florida cab bage. $20’2.50 per crate. Peanuts, per pound, fancy Virginia. 6%@7c, choice 0% @6c. Beans, round green, $1@1.25 per crate. Florida celery, $2@2.50 per crate. Squash, yellow, per six-basket crates, $1.2501.50. Lettuce, fancy, $t.25@1.50, choice $1.2501.60 per crate. Beets, s3® 3.60 per barrel Cucumbers, $1.25@1.50 per crate English peas, per drum, sl@ 1.25. New Irish potatoes, per barrel, $4 @4.50. iiirawberrles, 7@loc per quart. Egg plants. $2@2.50 per crate. Pepper, $1.75@2 per crate. Tomatoes, fancy, six basket crates. $20)2.50; choice tomatoes, $1,750’2. Pineapples. $2@2.25 ror crate. Onions. $202 50 per bushel. Sweet pota toes, pumpkin yam, $101.25 per bushels. Watermelons, slo@ls per hundred. Can teloupes, per crate. $20:2,50. PROVISION MARKET. (Corrected by White Provision Company.) Cornfield hams, 10 to 12 pounds average, 16 %c. Cornfiell hams, 12 to 14 pounds average, 16 %c. Cornfield skinned hams, 16 to 18 pounds average. 1.7%c. Cornfield picnic hams, 6 to 8 pounds average, 12%c. Cornfield breakfast bacon, 23c. Grocer style bacon (wide or narrow), 17%C. Cornfield fresh pork sausage (link or bulk) 25-pound buckets. 12c. Cornfield ■ frankfurters, 10-pound buck ets. average 10c. Cornfield bologna sausage, 25-pound boxes. 9c Cornfield luncheon hams. 25-pound boxes, tic. Cornfield spiced jellied meats in 10- pound dinner pails. 10c. Cornfield smoked link sausage, 25-pound boxes, 9c. ‘ Cornfield smoked link sausage in pickle, 50 pound cans. $4.25. Cornfield frankfurters in pickle, 15- pound kits, $1 50. Cornfield pickled pigs feet, 15-pound kits, sl. Cornfield pure lard (tierce basis), 12c. Country style pure lard, 50-pound tins only, Il%c. Compound lard (tierce basis), 10c. D. 8. extra ribs, 11 %c. D. S. rib bellies, medium average, lt-%c. D. S. rib bellies, light average, 12%c. FLOUR AND GRAIN. FLOUR —Postell’s Elegant. $7.50; Gloria (self-rising. $6.50; Victory (finest patent), $6.50: Faultless, finest, $6.25; Swansdown (highest patent), $6.25; Home Queen (highest patent) $6; Puritan (highest pat ent) $6; 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 (high est patent) $6; White Lily (highest pat ent) $5.75; White Daisy. $5.75: Southern Star, $5.50; Sun Beam, $5.50; Ocean Spray (patent), $5.50. CORN—Tennessee white, red cob, $1.12; No. 2 white $1.07; cracked, $1.05; yellow, $1 05; mixed. SI.OB. MEAL —Plain 144-pound sacks, $1.02; 96-pound sacks. $1.03; 48-pound sacks, $1.05; 24-pound sacks, $1.07. OATS —Fancy white clipped, 71c; fancy white, 70c; mixed, 68c. COTTON SEED MEAL—Harper, $29 COTTON SEED HULLS—Square sacks, $9.50 per ton. SEEDS —(Sacked); German millet. $1.65; cane, seed, arnber, $1.60; cane seed, orange, $1.35; Wheat (Tennessee), blue stem, $1.40; red top cane seed. $1.35. rye (Geor gia) $1.35; Appier oats, 85c; red rust proof oats. 72c; Burt oats, 75c; Texas rust proof oats. 70c; winter grazing. 70c; Oklahoma rust proof, 50c; blue seed-oats, 60c. HAY —Per hundredweight: Timothy, choice large bales. $1.80; Timothy, choice third bales $1.60; Timothy No. 1, small bales, $1.75; new alfalfa, choice, $1.65; Timothy No. 2, $1.70; Timothy No, 1 clo ver, mixed, $1.70; clover hay, $1.50; alfal fa hav. choice, $1.50; alfalfa No. 1. $1.70; alfalfa No. 2, $1.25; peavine hay, $1.20; shucks, 70cr wheat straw, 80c; Bermuda hay, SI.OO. FEEDSTUFF. SHORTS —Halliday white, 100-Ib. saq-ks, $1.90; fancy, 75-lb. sacks, $1.85; P. W. 75-lb sacks. $1.80; Brown, 100-lh. sacks, $1.75; Georgia feed, 75-lb. sacks, $1.75; bran, 75-lb. sacks. $1.65; 100-Ib. sacks, $1.60; Homcloine, $1.75; Germ meal Hom co, $1.75; sugar beet pulp, 100-lb. sacks, $1.50: 75-lb. sacks, $1.50. CHICKEN FEED —Beef scraps, 50-lb sacks. $3.50; 100-lb! sacks. $3.25; Purina scratch, dozen pound packages, $2.35; Purina pigeon feed. $2.35; Purina baby chick. $2.30; Purina chowder, dozen pound packages, $2.20; Purina chowder, 100-lb. sacks, $2.15; Purina scratch, 100-lb. sacks, $2.15; Success baby chick, $2.10; Eggs, $2.20; Victory baby chick, $2.30; Victory scratch. 50-lb. sacks, $2.25; Victory scratch, 100-lb. sacks. $2.15; Chicken Suc cess baby chick. $2.10; wheat, 2-bushel bags, per bushel, $1.40; Rooster chicken feed. 50-lb. sacks. $1; oystershell, 80c GROUND FEED —Purina feed, 175-lb. sacks, $2.00; Purina molasses feed, $1.95; Monogram. 100-lb. sacks, $1.70: Victory horse feed. 100-lb. sacks. $190; Mllko dairy feed. $1.80; No. 2, $1.75; alfalfa mo lasses meal, $1 85. GROCERIES. SUGAR -Per pound, standard granu lated. 5%c; New York refined, 6%c; plan tation, 6c. COFFEE Roasted (Arbuckle's). $24.25; AAAA, $14.50 In bulk: In bags and bar rels, $2.10; green. 19c. RlCE—Head. 4%@5%c; fancy head, 5% @6%c. according to grade. LARD- Silver leaf. 12%c per pound; Soco, 9%c per pound; Flake White, 9%c per pound; Cottolene, $7.75 per case; Snowdrift. $6.25 per vase CHEESE Fancy full creajn, 22c. SARDINES -Mustard, $3 per case; one quarter oil. $3 MISCELLANEOUS—Georgia cane syr up, 38c; axle grease. $1.75; soda crackers, 7%c per pound; lemon crackers, 8c; oys ter. 7c: tomatoes (2 pounds), s2f case; three pounds, $2.75; navy beans. $3.10, Lima beans. 7%c, Shredded biscuit, $3.60; rolled oats, $4 uer 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 gal lon; Sterling ball potash, $3,30 per case; soap, $1.5004 00 per case: Rumford bak ing powder, $2.50 per case. SALT—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-pound sacks. 29c; 25-lb. saoks, 18c. FISH. FISH Bream and perch, 6c. per pound: snapper. 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 per barrel. HARDWARE. PLOWSTOCKS—HaIman, 95c; Fergu son. $1.05. AXLES 14 750.7 per dozen, base. SHOT -$2,25 per sack. SHOES —Horse, $4.50@4.75 per keg. LEAD Bar. 7%c per pound. NAILS Wire, $2.65, base. IRON Per pound, Bc, base; Swede, 3%c. > BUTTER. POULTRY AND EGGS. NEW YORK, Juno 13.--Dressed poultry weak; turkeys 13023, chickens 18035, fowls 11%@'17. Live poultry steady; fowls 14 asked, turkeys 12 asked, roost ers 9 bld, ducks 9 asked, geese 9 asked. Butler active; creamery specials 27%@ 28. creamery extras 26%@37%, state dairy (tubs) 22027, process specials 250 25% Eggs active; nearby white fancj 24025. nearby brown fancy 21%@:22, extra firsts 21%@22, firsts 18%@19 Cheese firm; whole milk specials 14@ 14%. whole milk fancy 13%@,14. skims sneelals 11%@11%, skims fine 100-11, full skims 70 8. [ —. Atlanta Audit Go. Public Auditors and Systematizers ATLANTA and TAMPA OTER SENDS GEIMLOM Wheat Shows Decline of 3-8 o to 7-Bc, With Corn and Oats Following. ST, LOUIS CASH QUOTATIONS, Wheat—No. 2 red no Corn 75@78 Oats 54 CHICAGO, June 13.—Wheat was % to %c lower early on increased offerings bv longs, on further rains west of the river and additional precipitation In the North west, where it is needed. Corn was to %c higher, mainly In sympathy with wheat. There was a fair demand, but offerings were rather small. Oats were up % to %c and strong with shorts buyers. Hog products were fractionally lower in sympathy with the weakness in hogs. Wheat closed With prices ranging from % to 1c lower in the various options, with Julj' showing rhe greatest loss. Further rains in Kansas and Nebraska and im proved conditions of the winter wheat crop were the weakening factors. Corn closed firm, but the market was dull all day. Cash demand was slow. Data were slow. The market trailed corn. Provisions were dull and featureless. Cash demand was small. CHICAGO GRAIN MARKBT. Grain quotations: wheat’ Higtl Eow Clob *' Clo * e ’ July 1.09 1.09% 1.07% 1.08% 1.09% -Sept 1.05% 1.05% 1.04% 1.05% 1.05% r> CORN S - I '° B ' 4 105 W 108 106 * i ' Zl' 4 lib "2% « 72% 72% 72% 1 ‘ 63 ** 88,4 July 50% 50% 50% 50% 60% Sept. 41 41% 41 41% 41 D pork- 4 42,4 414,1 42 Jl.v 18.90 18.97% 18.82% 18.87% 18.97% SP LARD— I9 ’ 27 » 19 - 10 19-27% 19.25 Jly 10.97% 10.97% 1.0.92% 10.97% 11.02% Spt 11.17% 11.17% 11.12% 11.17% 11.22% Oct 11.22% 11.25 11.20 11.25 11.27% RIBS— Jly 10.65 10.55 10.50 10.55 10.57% Spt 10.67% 10.72% 10.65 10.72% 10.72% CHICAGO CAR LQTS. Following are receipts for Thursday and estimated receipts for Friday: Wheat 9~ ’ it - Corn 358 408 Oats 96 104 Hogs 25,000 | 19,000 PRIMARY MOVEMENT. "WHEAT— I 1912 I 1911 ' Receipts 308?000 [ 349,000 Shipments 190,000 I 262,000 CORN— | Receipts 966,000 | 869,000 Shipments 990,000 | 630,000 LIVERPOOL GRAIN MARKET. Wheat opened steady to %d higher: at 1:30 p. m. was %d to %d higher. Closed %d to %d higher. Com opened %d lower; at 1:30 p. m. was unchanged lo %d lower. Closed %d higher to %d lower. GRAIN MARKET OPINIONS. Finley, Barrell ft Co.: Buy on weak spots. Logan ft Bryan: Buy wheat on -weak spots. Harris, Winthrop & Co.: Buy Septem ber wheat on dips. Chapin & Co.: Buy wheat on dips. CHICAGO CASH QUOTATIONS. CHICAGO, June 13.—Wheat, No. 2 red, $1.f)9%0 1.12%; No. 3 red, $1.0801.11; No. 2 hard winter, $1.08%@1.11 %: No. 3 hard winter, $1.0701.10; No. 1 northern spring, $1.1501.19; No. 2 northern spring, $1.14@ 1.17; No. 3 spring. $1.09@1.f8. Corn. No. 2, 74%@76%; No. 3 white, 79%@80: No. 8 vellow, 76%@76%; No. 3, 73%@75; No. 3 white, 78%079; No. 3 yel low. 75%@75%; No. 4 , 70 0 73; No. 4 white, .750)76; No. 4 yellow, 73@74%. Oats, No. 2 white. 65%@5«; No. 3 white, 73%@73%: No. 4 white, 52@58%; Stand ard. 54055%. COTTON SEED OIL. NEW YORK, June 13.—Carpenter, Bag got & Co.: The market was very in active, with small price changes, and no decided tendency either way. The West bought moderately, but locals sold, and the market moved within very narrow Smits during the morning, with nothing tn the neyps to 11ft ft out of the rut In which It has been for the past week. Cotton seed oil quotations: I Opening. 1 Closing Spot I .......... B.MA7.M June I 6 890 7.00 8900 700 July I 6.9206.94 6.9206.04 August 7 0307.04 7.02®7.04 September .... 7.14@7.15 7.1207.14 October .... 7.1007.12 7 09®7.11 November .... 6.6506.67 6 660668 December 6.6206 63 6.6106.63 January ! 6.6606.67 [ 6.62@6.67 Closed barely steady: sales 6.400 barrels. METAL MARKET. NEW YORK, June 13— Trading In metals light today with the general tone firm. Copper spot and June, 16.76017 25; July-August. September, 16 17%@17.25; lead. 1.450 4.60; spslter, 6.90@7.00; tin, 4.822504870 Conservation of Resources It is conceded the world ov’r that the best way to conserve one’s income is to carry a check ing account with a good bank. Being thus helped to admin ister the income with due regard for safety, and always having present an incentive to keep a growing balance. This strong, safe and helpful bank wants the accounts of more of those good managers—men, women and children—who are 1 trying to conserve their re sources. AMERICAN NATIONAL BANK 19