Atlanta Georgian. (Atlanta, Ga.) 1912-1939, June 20, 1912, FINAL, Page 19, Image 19

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MT Ji GOSSIP IN MONEY IWS This Particular Letter Being a Discussion of the Value of Travel. « ————— By B. C. FORBES. NEW YORK, June 20.—1 t does us good to rub against our fellows. We are all apt to slide into a rut and stay there, harrowed in vision and fossilized in ideas. A wise man once said that the best rec reation was a change of work —meaning to turn temporarily from fine subject to another. He might have added that a change of scene, a change of surround ings and an exchange of views with other minds would form an excellent substitute. Nothing is more refreshing, more broad ening. more stimulating and more pro ductive of wisdom and toleration. It teaches us that our own little groove is not all-important; that other people have rows to hoe and problems to solve, and that what looms so tremendously large to us may not, after all, affect the fate of nations. ♦ • • This lesson has been taught me afresh by a week's tour in this country and Can ada, during which the thoughts and con cerns of many minds were imparted to me. We in New York fancy that we are overwhelmingly important. Some who breathe the stock exchange air imagine that the eyes of the whole country are daily and hourly glued to the tape'that curls from the floor of that institution. As two-point rise in Reading or a three point drop in Steel is weighted with tre mendous significance—whereas it may re flect only the fleeting whim of a ten thousand-share operator. • ‘ • * One thing I learned, not without some regret, is that Wall Street is grossly mis understood and unduly maligned. Its proper functions are not grasped, but its foolish cgpers are well known and ap parently interpreted as representing the real work of our great financial mart —by far the greatest mart on this side of the Atlantic. Stock exchange houses have been bewailing tbe absence of "public trading." May not this falling off in stock speculation prbve of far-reaching benefit to the nation? No man is so sore against Wall Street and all that the phrase implies as the unfortunate fellow who has been induced to speculate on margin and has lost every cent. He is an enemy of "finance” for life—even though tlie fault was nine-tenths or whol ly his own. • • « The man who merely invests in a legit imate stock or bond and earns a steady return on his money is not apt to rail against capital and capitalists without rhyme or reason. Happily, the United States is today rearing more investors and fewer speculators. This is of incal culable value alike from a financial, a political and an economic point of view. ♦. • • We have been told from influential sources of late that the people are net bothering their heads over politics. This a is ngj. 'true. Within the last ten days I • bate talked with perhaps two hundred people of all classes, from agricultural la borers, railroad porters and waiters to the heads of the principal railroads, banks and industrial enterprises in the United States and Canada, but in no stratum of society did I find indifference to politics. True, some of those higher up—including < leorge M. Reynolds, president of Chi cago's largest national bank, and Sir Ed mund Walker, head of a Canadian bank having some 130 branches- -explained that ibe people were ready to go ahead irre spective of politics, yet on closer ques tioning they admitted that quite possibly prosperity would not develop a goodly pace until the political thunderstorms abated. I had been told so often by New York financiers that politics did not mat ter a button that I had almost come to believe it. Now I know from first-hand that the people do still pay attention to ~ political disturbances and restrain their ' energies until they can better diagnose the outlook. • • ♦ ’■* Farmers are losing heart over the treat ment they receive from those who buy certain of their products. The beef trust is, of course, sharply hated—one did not have to leave New York to find that nut But there are equally bitter complaints from up state over the way vegetables, fruits and other commodities are handled. That some sort of "ring" exists among commission houses is firmly believed. At tempts to find relief through changing consignees have not been efficacious. New York is urged to establish markets that will be markets. In one city I saw many housewives going home with bas kets full of fresh vegetables and fruits which had been bought off farmers' wagons. The townspeople have first choice, and the dealers are not allowed to buy a dollar's worth until all private demands have been satisfied. ♦ ♦ • Will it console New York any to learn > that in Canadian cities the outcry about the high cost of living is quite as loud Bit here? And to aggravate piatters there rents have been artificially inflated by an overdone boom in real estate -a boom that will burst before long with disas trous consequences. Gambling in real es tate in Canada is more flagrant than gambling in stocks in Wail Street. Os congestion it: Canada, of upstate ‘optimism on business prospects and other matters exercising attention elsewhere | more will be said later. 4 VICTIMS OF WAYCROSG CONFLAGRATION BURIED \\ a YCHOSS, GA., June 20. -The funeral of Mrs. Elizabeth English, one of the three victims of the Tuesday night fire on Tebeau street, was conducted today at the First Methodist church by the pastor, | Rev. Osgood F. Cook, interment being at | Lott cemetery 1 Mrs. English is survived by three chil- I dren. I_ ii.es English. George English and Miss Margaret English! The latter two > were in the building when the (Ire started. I .lames was at Athens, where he had just | finished a course in law at the University I of Georgia. The bodies of Mrs. Gamble and her boy. I who died in his mother’s arms, were taken I to Valdosta, het former home, for burial. I’ TO CONSIDER BOND ISSUE. WAYCROSS, GA., June 20.—A special meeting of city council will be held next Monday to consider a resolution calling an election for the issuance of at least | SIOO,OOO in bonds of public improvements. f WAYCROSS GETS MEDICOS. { WAYCROSS. GA . June 20. The Elev , .--nth District Medical association will hold the last meeting of 1912 in Waycross in November, according to action takfln at the convention just held at SL Simons uiand. MAJOR LAIRD, OF N.G.G..ISDFAD Although But 39, He Had Been in the State Militia Twenty Years. Major Mack E. Laird, of the ordnance department, National Guard of Georgia, and chief inspector of small arms prac tice, died at his home, 803 Peachtree street, early today. He had been ill for several weeks, but showed signs of im provement until Saturday, when a relapse came. Although but 39 years old. Major Laird had served in the state militia for twen ty years. Graduating from Moreland Park Mili tary institute in 1889, he entered the Grady Cadets, formerly Company C, the next year, and rapidly rose from a pri vate to second lieutenant. He entered the Atlanta Rifles in 1892 and served until 1898, when he was made first lieutenant of the United States Volunteer ipfantry during the Spanish-American war. He remained in this capacity until mustered out May 2, 1899. Again Enters the Militia. Returning to Atlanta he entered the Na tional Guard of Georgia again and served as private and corporal in the Governor’s Horse Guard He was promoted to first lieutenant and adjutant second squadron of cavalry early in 1907, and served until May, 1909, when he was made major and inspector so small arms practice, first first brigade. He was transferred to the ordnance department in April, 1904, with the rank of major, and held the position until his death. Major Laird was married to Miss Lottie Brown, of Atlanta, in this city shortly after returning from the Spanish-Amer ican war. Mrs; Ernest Irwin, of Mount Pleasant, Tenn., and Mrs. Joseph Ellis, of Knoxville, sisters, will arrive in Atlanta today to at tend the funeral. Major Laird also is survived by his mother, Mrs. Annie. Laird; a brother, E. C. Laird, and a sister, Miss Ja.ne Laird, all of Atlanta. The funeral services will be held to morrow morning at 10:30 o'clock at the residence by Dr. Mallard, pastor of Jack son Hill Baptist church. Interment will be in Westview. OAKHURST WANTS TO BE TAKEN INTO DECATUR’S LIMITS At a meeting of the town council of Decatur a delegation of citizens from Oakhurst urged that their town be brought into the Decatur limits. Sev- | eral members of the council and prom inent citizens of both towns have ex pressed themselves as being much in favor of the union. This union would increase the popu lation of Decatur to about 5,000. Oak hurst has had a considerable growth in the last few years, having increased from a population of 239 in 1910 to about 500. The East Lake boulevard passes through the center of the town and has greatly increased property values. The following committee has been appointed by Mayor John Montgomery of Decatur to consult with a similar committee apopinted by Mayor Alex ander of Oakhurst: C. D. McKinney, chairman; Hooper Alexander, W. W. Ward, John F. Green, G. B. Scott, L. J. Steele, J. Howell Green. The Oakhurst committee is composed of F. M. Haphoidt, ehairnfan; Dr. J. H. Phillips, W. V> Whitenbenburg, E. A. Whitaker. J. R. Sullivan, E. Davis, J. M. Farmer. These committees will meet tomor row night at the Decatur council cham ber. , WOMAN GIVEN S7OO ATLANTA PROPERTY BY A GALLANT JURY Mrs. Mary. Spikes has the gallantry of a jury which refused to consider her marital tangles to thank for a clear title to Crow-ell street property worth S7OO. The jury in Judge Ellis' court de cided that Mrs. Spikes was the rightful owner of tbe property in the face of the questions of title raised by J. D. Bradwell, administrator of the estate. Bradwel! charged in his original suit brought against F. M. Coker and B. M. Hubert, who as executors of Spikes' property had given the house to Mrs. Spikes, that the Spikes had never been legally married. Mrs. Spikes asserted in her answer that she had always though l , she was married to Spikes, but rested her claim to tlie property on the fact that she had paid for it with her own money. The jury upheld hes. and declared it had ignored the marital phase of the suit. BUILDER 01 CANAL IS GIVEN AN HONORARY DEGREE AT HARVARD BOaTON, June 20. -At Harvard com mencement today the following honorary degrees were conferred; Doctors of Laws—William (.’. Forbes, governor-general of the Philippines; Wil liam Slocum, president of Colorado col lege; George W. Goethals. engineer of Panama canal. Doctor of Letters—Kuno Francke. curator of Germanic museum; Henry O. Taylor, legal authority. Doctor of Divinity- Lawrence P. Jacks, philosopher; Williston Walker, theologian doctor of science: Carlos de la Torrey Huerta, naturalist: Benjamin O. Pierce, mathematician; Frederick C. Shattuck, teacher of medicine: Frederick Forcheim er, writer. ATLANTAN PREPARES TO MAKE VAUDEVILLE DEBUT Charles N. Head, an Atlanta musi cian who last season was musical di rector of Charles Cha plan's shows, left today for New York, where he goes to rehearse for his act in Keith and Proctor's vaudeville for the coming season. Mr. Head has been In Atlanta for the last month visiting his slater, Mrs. Fern Butler. 663 SJouth Pryor street. With two other pianists. Mr. head will be in a sketch called ‘The Maniacs." THE ATLANTA GEORGIAN AND NEWS. NEWS AND GOSSIP ~ Os the Fleecy Staple NEW YORK. June 20.—Carpenter. Bag got & Co.: Liverpool more than met the decline of yesterday and the selling around the opening was rather general. Mitchell was one of the prominent sellers on the opening. The buying later by | Freeman and Parrott is thought to be for McFadden interests. The weather continues good and senti ment. bearish. Tne Journal of Commerce says: "Cot tor. sold has gone from weak interests into strong hands. This is the judgment of close observers. Dallas wires: "Texas, western portion, part cloudy; southern and southwestern generally cloudy, balance clear cool. Oklahoma generally clear and 'cool." Following are 11 a. m. bids: July, 11.15; October, 11.42; December, 11.54; January, 11.50. Schill was a good buyer on the open ing. McFadden is said to be buying some cotton through Pell. Sentiment bearish: the ring crowd was good sellers; the market looks lower. NEW ORLEANS, June 20.-—Hayward & Clark; Map shows splendid conditions; fair entire upper two-thirds of the belt; cloudy, cool in Atlantic districts; no rain in eastern half; some scattered light showers western half: indications are for generally fair in belt except possibly a few scattered showers in Atlantic coast; warmer in Texas, Oklahoma, Arkansas, Louisiana and Tennessee, Mississippi and Alabama. Comparisons of mill takings in Friday’s visible supply will be very bullish as we compare with takings for tlie week last year of only 109,000. Weather news fa vorable; the dreaded wet spell in Atlan tlcs did not materialize; warmer weather coming on west just as needed. Estimated receipts Friday: 19)2. 1911. New Orleans 100 to 200 335 The New Orleans Times-Democrat says: Everything seemed to favi'.r the bearish contention at the opening of yesterday's cotton market, and low priced sentiment gathered force with the progress of tlie early session. Before the opening the tal ent had an acreage decrease of only .54 of I per cent, promulgated by a leading statistical authority. Then came • word from a big operator, after a visit to Texas, he felt convinced fthat state would make 6.000,000 bales this year. At this stage of the proceedings somebody whis pered to the ring that the manifest bul letin board had the real dope about the transfer of tender cotton from Galveston to New Orleans and the desperate des monds started a procession thereto. The bulletin' showed that the Eciid had brought 254 bales, and the Elmonte 200 bales. Immediately wires sent out tip ping off the country that plenty of ten der cotton would be available in New Or leans during July. Subsequently; inves tigation revealed the fact that of the 454 bales brought by water from Galveston to New Orleans during the railroad tie up in the overflowed country, 198 bales were consigned to a New Orleans export er. who is credited with holding long contracts in July. The remaining 258 bales are being shipped to six separate Southern mill points in Georgia. South Carolina and North Carolina. This in formation checked the spread of bearish sentiment, or rather called a halt on the work of the enthusiast. _ THE WEATHER 1 CONDITIONS. WASHINGTON, June 20.—Weather will be generally fair, without material change, in temperafure tonight and Friday east of the Mississippi river. GENERAL FORECAST. Following Is the forecast until 7 p. m. Friday: Georgia—Fair tonight and Friday; cool er In southeast portion tonight. Virginia—Fair tonight and Friday; not much change in temperature. North Carolina and South Carolina— Fair tonight and Friday; cooler in south east portion tonight. Florida —Generally fair tonight and Fri day; cooler in central and northeastern portions tonight. Alabama and Mississippi—Fair tonight and Friday. Louisiana and East Texas—Cloudy and showers; warmer. Oklahoma, Arkansas and West Texas —Fair and warmer. LIVE STOCK MARKET. CHICAGO, June 20.—Hogs Receipts, 15,000. Market 10c@15c higher; mixed and butchers, $7,200'7.65: good heavy, $7.5507.67; rough heavy, $7.20@7.50; light. $7.1507.55; pigs, $5.25@7.10: bulk. $7,450 7.60, Cattle —Receipts. 3,500. Market strong; beeves, $6,250'9.50; cows and heifers, $2.50 ©7.00; Texans. $6.7508.40; calves, $7.25® 8.50. Sheep—Receipts, 10.000. Market strong, native and Western. $3.7505.35; lambs, *4.500)7.75. HELD FOR LURING GIRL. SAYS HE WED HER HERE SAVANNAH, GA., June 20.-—Jeff Gaffney, the prize fighting actor, who has been in jail for several weeks on a charge of luring a vaudeville dancer from Jacksonville, now claims that he and the girl are married. According to a certificate he has produced, he and the woman were wedded in Atlanta last January. The certificate bears the signature of the ordinary of Fulton county. Gaffney's wife left him after their engagement in Atlanta and went to Jacksonville, and it was from there that she was brought to Savannah by Gaff ney. COURT GIVES A.. B. & A. PERMIT FOR $5,000,000 CERTIFICATE ISSUE Judge Pardee, of the United States circuit, court, today signed the petition of tlie Atlanta. Birmingham and Atlantic Railroad Company, asking permission to issue 55.000.00 C wprth of receivers’ cer tificates. They will be placed on the market at once. More, than $3,250,000 of tlie notes will be used to pay up simi lar certificates issued in 1909, and the remainder is to be expended for improve ment of trackage, enlargement of the Atlanta yards and changes in the wharf age facilities at Brunswick, Ga ERECTING CARMACK STATUE. NASHVILLE. TENN., June 20. Tbe McNeel Marble works, of Marietta, <(a., has begun work on the pedestal for the heroic statue to the iate Senator E. W. Carmack. The site is in the state capi tol grounds. NEW YORK PRODUCE MARKET. NEW YORK. June 20. Wheal steady; July 1 12”i01.12%. spot No. 2 red 1.18 In elevator and 1.17% f- o. b. Corn steady; No. 2 in elevator nominal, export No, 2 80 f. o. b., steamer, nominal. No. 4 nominal Oats firmer; natural white 59 061, white clipped 60063. Rye quiet; No. 2 nominal f. o. b. New York. Harley quiet; malting 1.1201.25 C. 1. f. Buffalo. Hay Irregular; good to prime 1.2001.60, poor to fair 1.1501.45. Flour easier; spring patents $5.5005.90, straights $5 0 5.50. clears 4.850 5.10, win ter patents $5.9006.10, straights $6,350 5.45, clears $4.7505. Beef firm; family $18018.50 Pork strong; mess 120.500 21, family 120021. I.a><l steady; city steam 10%© 10%, mid dle West spot 10.85. Tallow stead) : city tin bogjjlieads) 6%, country (in tierces) 6% 0 6%. COTTON STEADY DNEDDDBUYING Commission Houses and Spot Interests Best Purchasers of Fleecy Staple. NEW YORK, June 20. —The cotton mar ket on the opening showed a net loss from yesterday’s final of 5 to 11 points. Liverpool cables came anout as expected, with a good business in spot cotton. The weather conditions reported splendid, cloudy to cool in the Atlantic districts, with the same scattered light showers in the western half. The early trading was moderate. The bear pressure on the opening was due to the favorable weather conditions over the belt. This caused the sharp decline shown on the opening. Shortly after the opening heavy buying began to set in by commission houses wtio usually represent the uptown crowd and the Bell interest. This buying caused prices to take a jump covering tbe entire decline made on the opening, with prices 5 to 14 points higher than the first quotations. At the close the market was steady with prices unchanged to 2 points under yesterday's final. RANGE IN NEW YORK FUTURES. • k •_=: g •? a —OM ° u ® O K J utO 0,0 June I | | 111.12-1411.12-14 July 111.07 11.21111.07111.17111.17-18111.18-19 Aug. 11.20(11.30111.18|11.28lll.27-28'11.28-29 Sept. | | | |11.30|11.33-35111.35-36 Oct. |11.38;11.48T1.36i 11.46:11.46-46 11.45-46 Nov i11.46:11.46:11.46111.46111.51-52|11.50-51 Dec. 11.50 11.60|11.48|11.57111.56-57111.56-57 Jan. 11.49111.56111.46 11.54111.53-54111.54-55 Feb, | | | | 111.57-59 11.57-59 Meh. , 11.58'11.58|11.57|11.65| 11.64-65111.65-66 May |ll.70;11.70 11.62|11.63|11.70-72|U.72-73 Closed steady. Liverpool cables were due 4(4 to 5 points lower. Opened steady at 4to 5 points decline. At 12:15 p. m. the mar ket was steady at a net decline of 214 to 3% points on old crops and 4% to 5 points lower on new. Spot cotton in good demand at 6 points decline; middling 6.59; sales 11,400 bales, Including 11,000 American; no imports. Later cables were 1 point lower than at 12:15 p. m. Estimated port receipts for today 3,000, last week 2,191; last year 622 and year before last 4,925. At the close the market was quiet, with prices ranging 4% to 6*4 points lower than the previous close. RANGE IN LIVERPOOL FUTURES. Futures opened quiet and steady. Opening. Frev. Range 2 P. M. Close. Closv June . . 6.38 -6.39 6.37 6.41% June-July 6.37 -6.38% 6.37 6.36% 6.41 July-Aug. 6.36 -6.37% 6.36% 6.36 6.41 Aug.-Sept 6.35%-6.37% 6.36 6.35 6.40% Sept.-Oct. 6./0 -6.31 6.30 6.29 6.35 Oct.-Nov 6.24*4-6.25 6.24 6.23% 6.29% Nov.-Dec. 6.22*4-6.22 6.22 6.21 6.27% Dec.-Jan. 6.21%-6.22% 6.21% 6 20% 6.27 Jan.-Feb. 6.22 -6.23 6.21 6.20% 6.27 Feb.-Mch. 6.22% 6.22% 621 6.27% Meh.-Apr. 6.23%-6.23 6.23 6.22 6.27% Apr.-May * 6.23 6.29% Closed quiet. HAYWARD & CLARK'S DAILY COTTON LETTER NEW ORLEANS. June 20.—1 t was feared that the cool wave might bring extensive rains to the Atlantlcs, but de velopments overnight were most favora ble While there were further light show ers in the western states, there was no rain at all in the eastern half of the belt. Indications are for generally fair weather except possibly some precipitation along the Atlantic coast. It will get warmer over the western and north central belt as required, and weather prospects are Ideal. Liverpool was decidedly easier. Our market opened about 5 points lower, with only small selling, as the opinion prevails that the strong long interest in New York is yet so large that the market must be supported. In fact, such defensive sup port appeared and caused a rally to 11.63 for October. Pell & Co. were reported strong buyers. Another supporting fac tor was the anticipation of very bullish comparisons of mill takings in tomorrow's visible statement, as last year’s takings this week were only 109,000 bales. With such a large crop as this season, we are dealing with larger figures throughout. However, as all correspondence shows that mills have bought largely for re serve stocks, it is, therefore, quite prob able that final statistics this season will show the greatest difference between tak ings and actual consumption, more so than in any previous year. The into-sight for tlie week looks around 35,000, against 31.591 bales last year. RAAIGE IN NEW ORLEANS FUTURES. 5 *■&. ► S’! 5 J’ o. 5 eras 2. E ® O s J Jto U LU June I I | 111 W 112708-09 July .12.04i12.10 12.02 12.07.12.07-08 12.09-10 Aug. 111.80 11.81111.80 11.81 11.81-83 11.83-84 Sept. I 1.....| 111.87-88'11.71-73 Oct. |11.56 11.66|11.55111.62,11.61-63il 1.60-61 Nov. ! I ! | i 11.61-63 11.61-63 Dec. 11.59:11.70:11.58 11.64111.62-64 11.63-64 Jan. 11.66 11.71111.62111.71|11.6»-70ill. 68-70 Feb. | I ■ I 111.71-73:11.71-73 Meh. 11.73|11.73,11.73:11.73,11.77-78 11.75-77 Closed steady. SPOT COTTON MARKET. Atlanta, steady; middling 11%. New York, steady; middling 11,60. New Orleans, easy; middling 12% Liverpool, steady; middling 6.59 d Savannah, steady; middling 12c. Augusta, quiet; middling 12%. Mobile, steady; middling 11%. Galveston, quiet; middling 12 1-16. Norfolk, steady; middling 11%. Wilmington, steady; middling 11%. Little Rock, quiet; middling 11%. Charleston, nominal; middling 11%. Philadelphia, quiet; middling 11.85. Boston, quiet; middling 11.60. Baltimore, nominal; middling 12c. Memphis, steady; middling 12%. St. I.ouis, steady; middling 12%. Houston, steady; middling 12 15-16. Louisville, firm; middling 12c. COTTON MARKET OPINIONS. Logan & Bryan: Market looks lower on good weather and crop accounts. Orvis Bros. We do not expect a re vival of bullish endeavor. Bally & Montgomery: Advise a con servative course for the present. Miller & Co.; The technical fabric of the market very strong, and our prefer ence is to buy into the market especially December on weak spots. Thompson, Towle <& Co.: If the market is making some preparation for July con tract. deliveries; further liquidation is pos sible. Hayden, Stone & Co.: Looks like a fluctuating market for some time, with bulk of opinion turning to the bearish view. J. S. Bache, & Co.: We look for a fur ther decline unless unfavorable conditions arise within the near future. PORT RECEIPTS. The following table shows receipts at the ports today compared with the same day last year: _■ New Orleans. . . . 344 I 181 Galveston 645 I 111 Mobile 156 I 3 Savannah 207 173 Charleston. i 8 1 ... Wilmington 49 153 Norfolk 424 2 Boston I 11 2!> Total I 1.874 622 INTERIOR MOVEMENT. 2 ~T~ 19127 | Till. _ Houston. ...... 181 I 28 Augusta. 274 | 1 Memphis 615 : 231 St. Louis ' 1,089 | 58 Sinclnnati. 337 180 Little Rock . ... : _ 7 Total I 2,496 | 505 THURSDAY, JUNE 20, Wl2. STOCKS HIGHER THAN IN WEEKS Railway and Copper Issues Show Greatest Activity in Liberal Trading. Sy CHARLES W. STORM. NEW YORK, June SO.—A lethargic con dition settled over the stoca market at the opening, leaders waiting to see what the outcome of the Republican national convention in Chicago will be before un dertaking speculative transactions on any scale. Irregularity marked the quiet trading which was carried on. Union Pa cific reacted % from the high price of 168%; United States Steel common, after touching Wednesday's final, receded %; Northern Pacific, Great Northern Railroad and Brooklyn Rapid Transit lost fractions. Canadian Pacific was % off, while Lehigh Valley's decline reached % In the late forenoon heavy selling, said to be thd result of dissatisfaction with the developments at the Republican con vention, caused declines ranging from 1 to 2 points in many Important Issues. The selling was heaviest in steel and Le high Valley, but pressure was also ex erted against Union Pacific and the cop per stocks. Interboro-Metropolitan was exceptionally strong The Wabash issues show’ed a steady tone. Reading opened % higher, reacted. The curb opened steady. A firm tone prevailed In Americans and in Canadian Pacific in London on 'small transactions. English traders taking their die from Wall Street are waiting for political developments. Stock market closed firm; governments unchanged; other bonds steady. Stock quotations: (Last Clns |Pre» STOCKS— High LowUSaie. Bld. Id's* Amal. Copper. 87% "45% 87% .. ~86% Am. Ice Sec 25% Am. Sug. Ref. 130*4 130 130% . ..130 Am. Smelting . 86 84% 85% .... 85 Am. Locomo... 42% 42% 42% .... 41% Am. Car Fdy.. 60 59% 60 .... 58% Am. Cot. Oil 51% Am. Woolen 28 Anaconda .... 44% 44% 44% . .. 44% Atchison 107 106% 107 .... 106% A. C. L 131% 138% 188% .. . . 137% Am. Can 37% 35 37% .... 35*4 do, .pref. .. 118% 116% 118% .. .. 117 Am. Beet Sug. 74% 72% 74% .... 74 Am. T. and T. 146 145% 146 ....145% Am. Agrlcul. . 61% 95% 61% .... 61% Beth. Steel ... 37% 36% 37 .... 37% B. R. T 88% 87% 88% .... 87% B. and O ,108% 108 108% .... 108 Can. Pacific ..1265% 264% 265 ....265% Corn Products j 15% 15 15% .... 14% C. and 0 78% 77% 78% .... 77% Consol. Gas . .1141% 140% UO% ....140% Cen. Leather . 25% 25% 25% .... 24% Colo. F.. and I.! 31% 30% 31 .... 30% Colo. 50uth.... 1 39 D. and H I 167 Den. and R. G.l 19% 19% 19% .... 19% Distil. Secur. . | 32 Erie I 35 34% 34% .... 34% do, pref. .. 53 52% 52% .... 52% Gen. Electric .171 170 170% .... 170 Goldfield Cons.l 4% G. Western .. 18% G. North., pfd.1133% 133 133% ....133% G. North. Ore. 41% 40% 40% Int. Harvester 120 119% 119% 111. Central ...| 20% 20% 20% . ... 20% do. pref. ..I 59% 58%l 59% .... 58 lowa Central ’ 11 K. C. South... [ 25 K. and T : 28 27% 28 .... 27% do, pref. .| . ...I .... 59% L. Valley. . .174% 171% 174% ....172% L. and N.. . .158% 157 %58 ....157 Mo. Pacific ~\ 31 137 137 . ...i 36% N. Y. Central 1118%'117% 118 ....117% Northwest.. .1135% Y35%|135% ....1135 Nat. Lead . .1 58% 57%i 58% ....I 57% N. and W.. . .111% 1111% 111% ... 'lll% No. Pacific . .1120 1120% 120 ....119% O. and W. . .1 34% 34%l 34% ...J 34% Penn 123% 123%1123% ....’123% Pacific Mail . I I 33 P. Gas Co. . .1114 113%1114 ....1113% P. Steel Car J 35 35 135 ... J 35 Reading . . .168 165% 168 ....1166% Rock Island .' 25% 25 25%’ ...J 25% do. pfd.. . .! 50% 50 ! 50% .... 50 R. I. and Steeli 24% 24% 24% .... 23% do. pfd.. . J 79% 79% I 79%! . ...| 79 S. -Sheffield. .11 ....I ... .j 54 So. Pacific . .|llO% 1109%1110 ....1109% So. Railway. . 28%i 28 I 28% .... 28% do. pfd.. . .1 .... .. . .; I 73% St. Paul. . .|104%>103%i104% ....[103% Tenn. Copper : 45%, 45%| 45% ....' 45% Texas Pacific I .... I ... . I 1 22% Third Avenue | 39 I 38% 39 Union Pacific 169*4|167%i169% .... 168% U. S. Rubber. 67 i 64%| 67 .... 64% Utah Copper . 64% ; 64% 64% .... 64% U. S. Steel . . 70%' 68%' 70% ....' 69% do. pfd.. . . 110%1110%|110%| ....1110% V. Chem.. . 48%! 48%[ 48%; ...J 48% West. Union x ....: .... ...J ....I 8214 Wabash .... 4%; 4%l 4%( ... J 4 do. pfd.. . . 14% 13% 14% ....I 13% West. Elec I ...., ....I ....I 72% W. Maryland ’ . ...i ....I ...i 57% Total sales, 397,000. x-Ex-dlvldend, % of 1 per cent. MINING STOCKS. ' BOSTON. June 20. —Opening: Smelting. 141%; Butte Superior, 49; Mohawk, 67%; ; Fruit, 205; Superior Copper, 40%; Han cock. 36. LOCAL STOCKS AND BONOS Bia Askea Atlanta A West Point R R .. ~5 American National Bank..., 215 °2O Atlantic Coal & Ice common. 104 105 Atlantic Coal & Ice pref sj Atlanta Brewing * I-e C 0... 174 Atlanta National Bank 320 330 Central Bank 4 Trust Corp 150 Exposition Cotton Milla m )gs Fourth National Bank 260 -> BS Fulton National Bank .<25 130 Ga Ry- & Elec, stamped.... 124 joJ Ga. Ry. & Pow. Co., common 27 30 do. Ist pfd 89 g 5 do. 2d pfd.... 46 470 Hillyer Trust Company 135 Lowry National Bank 243 Realty Trust Company 1)() Sixth Ward Bank n M % j Ol Southern Ice common 71 - s „ 'Third National Bank, new.. 220 225 ' Trust Co. of Georgia 225 £35 Travelers Bank & Trust Co.. 134 123 BONDS. Atlanta Gas Light Ist 65.... 101 % 305 Georgia State 4%«. 19u .... m Georgia Midland Ist 4« *n o Ga. Ry * Elec. Co. 5s 101 Ga. Ry. ft Elec. ref. 5s 99 99x4 Atlanta C,. .soifdated 5s 102% ... Atlanta City 3%5. 1931 91 92% Atlanta City 4%5, 1921 102 103 Houthern Bell 6a »»% NEW YORK COFFEE MARKET. Cofteo quotations: I Opening. J Closing - January 1.3.880 1'3.95 13.94013.95 February 13 850,13.95 13.90018.95 March '13.93 13.96013.1*8 April 1.3.960 14.00,13.9804.09 j May 13.96 '14.00014.01 June. . . . . . .1 113.600T5.64 July 13.50013.60d3 63013.64 August >13.60013.70,13.730 13.75 September >13.70013.80;t3.82013.83 October 13 80 ,13.84013.86 November . . 13 84013 90'13.880 18.90 1 December 13.85 ,13.94® 13.95 Closed steady. Sales. 36,250 bags. POULTRY, BUTTER AND EGGS. NEW YORK, June 20. Dressed poultry quiet; turkeys. 13023; chickens. 18034; fowls. 13015%; ducks, 19. Live poultry firm; chickens. 30032; fowls. 14%; tur keys. 13; roosters, 10; ducks, 13. geese. 10. Butter steady; creamery specials, 25% 0 26%; creamery extras, 26%027: state dairy, tubs, 22 0 26%: process specials, 25 Eggs firmer; nearby white fancy, 26© 27; nearby brown fancy, 22@23; extra firsts. 22023; firsts, 18%019. Cheese firm; white milk specials. 15; whole milk fancy. 14%; skims, specials, 11%®12%; skims, fine, 1O%011%; full skims. 6%©8%. .ATLANTA MARKETS EGGS Fresh country candled, 18019 c. BUTTER—Jersey and creamery, in 1-lb. blocks, 20%@25c; fresh country dull, 100 12%c pound. DRESSED POULTRY —Drawn, head and feet on, per pound: Hens 16017 c, fries 25027 c, roosters B@loc. turkeys, owing to fatness. 18®20c. LIVE POULTRY—-Hens 40@45c, roost ers 25035 c, fries 30050 c, broilers 20025 c, puddle ducks 25@30c, Pekin ducks 40@ 45c. geese 50060 c each, turkeys, owing io fatness. 14@15c. FRUITS AND PRODUCE. FRUIT AND VEGETABLES- Lemons, fancy. $4.5005 per box. Florida oranges. $303.50 per box. Bananas, 3®3%c per pound. Grapefruit, $506 per crate. Cab bage, 101*/«c per pound. Florida cab bage. $2@2.50 per crate. Peanuts, per pound, fancy Virginia. 6%®7c. choice 5% ©6c. Beans, round green. $101.25 per crate. Florida celery. $202.50 per crate. Squash, yellow, per six-basket crates, $1.2501.50. Lettuce, fancy, $1.25 01.50. choice $1.25 01.50 per crate. Beets, S3O) 3.50 per barrel Cucumbers, $1.2501.50 per crate. English peas, per drum, sl® 1.25. New Irish potatoes, per barrel, $2.75 ©3.00. Strawberries, 7010 c per quart. Egg plants, $202.50 per crate. Pepper, $1.750 2 per crate. Tomatoes, fancy, six basket crates. $20’2.50: choice tomatoes, $1.7502. Pineapples. $202.25 per crate. Onions, $1.2501.50 per bushel. Sweet pota toes, pumpkin yam. $1.01.25 per bushels. Watermelons, $lOOl5 per hundred. Can taloupes, per crate. $202.50. 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. Hi to 18 pounds average. 17%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, 11c. Cornfield frankfurters. 10-pound buck ets, average 10c. Cornfield bologna sausage, 25-pound boxes, 9c Cornfield luncheon bams, 25-pound boxes, 11c. 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). lij%c. Country style pure lard, 50-pound tins only, 11 %c. Compound lard (tierce basis), 10c. D. S. extra ribs, 11 %c. D. S. rib bellies, medium average. 12c. D. S. rib bellies, light average, 12%c. FLOUR AND GRAIN. FLOUR —Postell's Elegant. $7.75; Gloria (self-rising, $6.50; Victory (finest patent). $6.50; Faultless, finest, $6.25; Swansdown (highest batent), $6.25; Home Queen (highest patent) $6; Puritan (highest pat ent) $6; Sun. Rise (half patent) sa.sO; 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; choice Yellow. $1.05; mixed, $1.05. MEAL—Plain 144-pound sacks. $1.00; 96-pound sacks, $1.02; 48-pound sacks. $1.05; 24--pound sacks, $1.07: 12-polind sacks. $1.09. OATS—Fancy white clipped. 71c; fancy white. 70c; mixed, 68c. COTTON SEED MEAL -Harper, S2B. COTTON SEED HULLS—Square sacks, 89.50 per ton. SEEDS—(Sacked); German millet. $1.65; amber cane seed, $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, 50c. 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. $1.65; clover hay, $1.50; alfal fa hay, choice, $1.50; alfalfa No. 1, $1.70; alfalfa No. 2, $1.25: pcavlne hay, $1.20; shucks, 70c; wheat straw, 80c; Bermuda hay, SI.OO. FEEDSTUFF. SHORTS—Halliday white. 100-lb. sacks. $1.90; fancy, 75-lb. sacks, $1.85; P. W. 75-lb. sacks, $1.80: Brown. 100-!b. sacks, $1.75; Georgia feed, 75-lb. sacks, $1.75; bran, 75-lb. sacks, $1.65; 100-lb. sacks, $1.60; Homcloine, $1.75; Germ meal Honi co. $1.75; sugar beet pulp, 100-lb. tacks, $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; Vidor'- 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-ll>. sacks. $1; oystershell. 80e. GROUND FEED —Purina feed. 175-Ib. sacks. $1.90; Purina molasses feed. $1.90; Universal horse meal. $1.80; Mono gram, 100-pound sacks. $1.70: Victory horse feed, 100-lb. sacks. sl*Bs; Milko dairy feed, $1.80: No. 2. $1.75; alfalfa mo lasses meal, $1.85; alfalfa meal, $1.65. GROCERIES. SUGAR —Per pound, standard granu lated. 5%c; New York refined, 5%c; plan tation. 6c. COFFEE- Roasted (Arbuckle's). $24.25; AAAA, $14.50 in bulk; in bags and bar rels. $2.10; green. 19c. RICE- Hea<r. 4%®5%c; fancy head, 5% 06%c. according to grade. LARI* Silver leaf. 13%c per pound; Soco, 9%c per pound; Flake White, 9%c per pound: Cottolene. $7.75 per case: snowdrift, $6.50 per case. CHEESE Fancy full cream, 226. SARDINES Mustard, $3 per case; one quarter oil, $3. 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). $2 case; (3 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. 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 zone, per case, 50-lb. sacks. 90c; Gru-Crystal, 25-lb. sacks, 80c; 50-pound sacks. 29c; 25-pound sacks. 18c. caaHKMT Will fiive Vau Protection and Convenience at Low Cost Let us show you what it will mean to you to equip your office with this up-to-date equip ment. GOOKIN BANK & OFFICE EQUIPMENT CO. PHONE IVY 456. 115 N. PRYOR ST.. ATLANTA. GHfIINS GO HIGHER JS SHORTS COVER Wheat Advances 3-8 c to 7-Bc, With Corn and Oats Follow ing-Cables Firm. ST. LOUIS CASH QUOTATIONS. Wheat- No. 2 red 107 0107% Corn 73%© 74 Oats 52%@ 53 CHICAGO, June 20.—Wheat was quiet and a shade lower soon after the opening on selling by longs and a lack of buying power. Northwestern receipts were smaller, while the Winnipeg run was larger. Liverpool was higher and shorts covering in the pit. Corn was a shade lower, with trading dull. There was a weaker feeling for oats on better crop conditions and somewhat heavier receipts than looked for. Hog products were iow-er, although hogs were a shade higher. After an early dip wheat ruled strong all day. There was no bullish news of importance, but short selling had evident ly been overdone. Corn was strong during the entire ses sion on good buying. Oats displayed little strength early, but firmed up later. Provisions were inactive and without feature. CHICAGO GRAIN MARKET. Grain quotations: I’rev. Open. High. Low. Close. Close. WHEAT Jly 1.05% 1.06% 1.05% 1.06% 1.05% Spt 1.03% 1.04% 1.03% 1.04% 1.03% Dec 1.04% 1.05% 1.04% 1.05% 1.04% CORN— July 72 73 71% 72% 71% Sept 71% 72% 71% 72 71', Dec. 62% 62% 62% 62% 62% OATS— July 48% 49% 48% 49 48% Sept. 40% 40% 40 40% 40% Dec. 41 41% 40% 41% 40% pork - Jly 18.75 18.77% 18.67% 18.75 18.72% Spt 19.07% 19.10 18.97% 19.10 19.02% t.ARD- Jlv 10.95 10.97% 10.95 10.97% 10.97% Spt 11.15 11.17% 11.12% .11.17% 11.15 Oct 11.22% 11.25 11.20 11.35 11.22% RIBS— Jly 10.50 10.52% 10.50 1.0.52% 10.52% Spt 10.70 10.72% 10.62% 10.70 10.70 CHICAGO CAR LOTS. Following are receipts for Thursdat and estimated receipts for Friday: IThtirsdny.l Friday. Wheat 7 . 3 10 Corn ■ 247 301 Oats I 91 133 Hogs I 17.000 15,000 PRIMARY MOVEMENT. WHEAT— I IM 2 I Dll Receipts I 276.000 I 297,000 Sb i pments ! 242,000 j 185,000 CORN— I i Receipts 668.000 I 637.000 Shipments > 392.000 i 625,000 LIVERPOOL GRAIN MARKET. Wheat opened %d higher: at 1:30 p. m was unchanged to %d higher. Closed un changed to %d lower. Corn opened %d to %d higher; at l;30 p. m. was %d to %d higher. Closed unchanged to %d lower. 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. 5.75 ©6 75; good steers. 800 to 1,000, 5.5006.25; medium to good steers, 700 to 850, j.OOtlo 5 75- good to choice beef cows, 800 to 900. ("504( 5 50: medium to good beef cows. 700 to 800 4.00 0*5.00; good to choice heifers. 750 to 850. 4.7505.75; medium to good heifers. 65(1 to 750, 3.7504.7a. The above represent ruling prices on good quality of beef cattle. Inferior grades and dairy types selling lowar. Mixed common steers. If fat. 700 to SOI. S 4 000'4.75: mixed-common cows, if fat, 600 to 800 $3.6004.25: mixed common bunches to fair. 600 to 800, 2.75@3.50; good butch er bulls. 3.2504.00 Prime hogs,. 100 to 200 average. 7.40© 7 60' good butcher hogs, 140 to 160, 7.200 7410: "good butcher pigs. 100 to 140. 6.75® 7 00; light pigs. 80 to 100. 5.5006 c; heavy rough hogs. 200 to 250. 6.50@7c. Above Quotations apply to corn-fed hogs. Mast and peanut fattened hogs. I© l%c and under. NEW YORK GROCERIES. NEW YORK, June 20.—Coffee steady: No. 7 Rio spot. 14%. Rice firm; domestic, ordinary to prilrie. 4%®5%. Molasses steady; New Orleans, open kettle, 35045 Sugar, raw. steady: centrifugal, 3.86: muscovado. .3.36; molasses sugar, 3.11; re fined quiet; standard granulated, 5.1.5; cut loaf, 5.90: crushed. 5.80; mold A, 5.50: rubes, 5.35. powdered, 5.20; diamond A. 5.10; confectioners A, 4.95; No. 1, 4.95; No. 2, 4.90; No. 3, 4.85: No. 4. 4.80. COTTON SEED OIL. Coton seed oil quotations: 1 opening <;io->n» Spot -| I 6.70 June 6.8207.05 I 6.81416.89 July . . .. .1 6.8306.84 i 6.8108.83 August ... . 6.920695 I 6.9106.9:’, September 7.0407.05 I 7.0207.04 October I 6.9806.99 I 6.95 0 6.97 November . 6.550 6.58 I 6.5006.54 December .... 6.4806.55 I 6.4606.47 January 6.4806.52 ! 6.47©6.50_ Closed steady; sales 12.800 barrels. 25-pound 25-pound Atlanta Audit Co. Public Auditors and Systematizers ATLANTA and TAMPA 19