Atlanta Georgian. (Atlanta, Ga.) 1912-1939, June 21, 1912, EXTRA, Page 17, Image 17

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FACT ANO GOSSIP IN MONEY MARTS Some Facts About Canada That Disturb Popular Fiction. By B. C. FORBES. NEW YORK, June 21. Canada struck tnc as a new and enlarged edition of Scotland. One of the first store signs ,T read in Toronto was: “Come awa’ in.” The first cabman I hailed had recently migrated from “Glesga.” which, being in terpreted, means Glasgow. The first bank president 1 spoke to told me he had brought over three hundred of Scottish youths within the lasi few years, as ho found they made excellent bank clerks. On all sides there wore shingles bearing unadulterated Scottish names. Then, when traveling through the agricultural regions. 1 was struck by the number of Scotchmen on the farms. The language of middle Canada has a distinctly Scot tish flavor, while farther west sturdy youths from “the land o’ cakes” are ar riving by thousands to till the* virgin soil. © s> Toronto, Montreal and Ottaw’a are cities • t banks and churches. In New York !• >st corners are disfigured by saloons: in the Canadian towns the banks occupy G* s« choice locations. Yet let me add tic saw more intoxicated men in Can m :• • no week than I had seen in New 1 ' ■ <otring u whole year. « « I We are constantly told in the United ' States that the Canadian railroads arc j models, that they give the country serv- ' ice unapproached here, and that they are the pride of the Dominion. It was. therefore, a shock to learn from the lips of shippers, especially in eastern Canada, that it is extremely difficult to get prompt delivery of goods. Roth the Canadian Pacific and the Grand Trunk, it is com plained.* are short of equipment. Ener getic as the roads have been yes. they are by no means asleep they have nut grown quite as rapidly as the country's agricultural and industrial activities. Railroad congestion is likely to be rather sevcm across the border before 1912 ends The Canadian Pacific has just ordered 300 locomotives and 12.500 freight cars, at a total cost of almost $20,000,000. And $70,000,000 is to be spent in double-trark ing the road through the Rockies. The company should offer a premium f<»r ’• prompt delivery of the new equipment Every engine and every car is needed. The Grand Trunk, too. I understand, has far too few powerful engines. Canadian railroads are more self-con tained, so to speak, than American ones if one may allowed for convenience to use the word “American" as covering ■only the United Stales, a practice equiv alent to calling Great Britain “England." The Canadian roads, for example, run their own express companies and their own hotels at various centers, while the U. P. R. has an enormous fleet of steam ships a fleet not matched by any Ameri can railroad. All this is sometimes held up against the United States lines. But u y opinion is that our own railroad com •anies have bit off quite as much as the\ <an comfortably chew. Let the govern ment give us a comprehensive ’parcels post system, and. lot trie express compa nies be brought to their senses, and the people will have no occasion to clamor for railroad ownership of the express business. Nor is there urgent necessity lor the railroads going into hotel keeping on an elaborate scale. Inn keeping and transportation arc two distinct vocations. <-nd. save in exceptional cases, the Ameri can roads are wise to ‘leave the former alone shoemakers should stick to their lasts. The newest and finest accomplish ment in the way of railroad hotel build ing in Canada is the Chateau Laurier, a $2,000,000 edifice opened this month by the Grand Trunk at Ottawa. The establish ment is worthy of the Dominion capital. Manager Bergmann was able to show me a royal suite and a bridal suite as at tractive. if not so gorgeous, as anything in New York, while the cuisine and the service do not suffer by comparison with the best wc can offer. • ■ • .But are the Canadian roads well ad vised in erecting palaces as stations? <>f course, after inspecting our local Penn sylvania and New York Central stations, we can not with propriety throw stones at our Northern neighbors. Still, the Grand Trunk's new station at Ottawa did appear too expensive a structure even for the capital. To build a palace costing <1 believe) something like $1,000,000 for a town of 100.000 population is surely an investmen; of questionable wisdom. At • per cent the toll levied upon the people »s £60.000 per annum, or more than SI,OOO n ! week, ex lusive of the necessarily heavy upkeep charges. Naturally, the towns folk are proud of their new station ai.< are enthusiastic over the C P. R.’s plans for another sumptuous building for oindar purpose, hut when It was pointer nut that each ton of freight hauled h.P the yards would have to bear part of tie burden enthusiasm was slightly modified • • • Prosperity is beaming upon the Dornin ion at this moment The people thr:* an not understand why we have not a Is* been going ahead. My humble gucs.- hai Canada has shot her bolt lor ;i present, that her boom is nearing its ■filiation. that there will be a real csta-» ollapsc and that the Hood of new capita *rom Europe w ill be temporarily stopped rj/ Its snmtmhmhml tnhmhtmhtmhlhtli’l But all this ran only be a prelude to ;< rrsh movement forward. Canaria i • only ~ nth promise great things USE GEORGIAN WANTS FOR RESULTS .X- - TODAY'S MARKETS COTTON. NEW YORK, June 2.1. Eirmnrys at Liverpool was chiefly responsible fur tlm local cotton market, opening from 6 to 8 points higher today. Liverpool cables re ported good continental buying. Chief demand here came from some of the big bull houses, which are apparently accu mulating after having sold out last week. \fter the call the market became quiet, and prices dropped off about I points. Future and spot were steady in Liver pool. NEW YORK. V _Qijotalions in cotton futures: '11:00 I’rev. open,High Low A M. (’lose. . ■' ' ..... .~~7.ii.u-ii •f'lly • . 11.35:11.31’1'11.21 11.23 11.17-18 August . T 1.32 11.33 11 .31 11.31 11 27-28 September 11.33-35 October . . . 11.53 11.53 11.49 1L.50 11.45-48 November || si-s*» December .11.61111.64 ll'.«i ii. 64 11 56-57 January .tl .59 11.59 11.57 11.59 11 53-34 February II 57-59 i March ... 1 1.68 11.7bii.68 i.iifo 1164-65 ■ X| a.' ■ - . ■ 11.76 J 1.77,11.761.1.7,- II JIL7I NEW ORLEANS. Quotations in cotton futures: I 11 I Brev. J unc I . i - ' r' 07 ■ini.'. Ju.llil2.li la.iiiiiuiiiLOT-os August 11 .89 1 1.89 1.1.88 11 .88 11 81-»* September , 11.87-88 October . 11.6,5 1.1.88 11.65 11 .68 II .61-63 November , . j] pj .•;*» December II .69 11.71111 .681 i iii 11’.62-«4 January . . 11,74;11.74 11.72,11.73:11 .69-70 February , ... .111.71-73 March . , , .... ....j | .... u. 77-78 STOCKS. - By CHARLES W. STORM. Nl*.\\ 1 < >RK. June 21.—Trading was on a larger scale than It had been al anv other time this week when the stock mar ket opened today and a number of frac tional gains were recorded. Heading. I nion Pacific and I nite.fi Slates Steel common were the most active features on tlie list. Steel common gained but immediately lost It. Union Pacific advanced " g . while Reading, after open ing Is higher, continued to rise until its aggregate gain was Amalgamated Copper opened unchanged but later gained ',. Southern Pacifle was up other gains were Pennsylvania Smelting l». Erie % and Steel preferred Many traders atfcributher the firmness of the market to Chicago dispatches. These dispatches were interpreted In a bullish way. The curb was firm. Americans in London were active and steady. NEW YORK STOCK MARKET. „ Stork -luotatlons: « ’ ! ’ 11 Prev STOCKS- - iQu'n HighlLow. "A.M. Cl'se Amal. Copper. 87" 5 S 87-\ 87', 87’, 87--- s A. I. Securities! 271. 27 ~ 27', 2726 T B A. S. Refinery ,131 131 I.TOVfe 130 U l:t(F' g A. Smelting. . 86' 8 86'4 86', 86', 86 Anaconda ... 15 45 44\ 41’* 44’, Atchison . 108'- 108’, 108'-. 108 s, 107', A. Can. . . 371si 38V S ! 37%' 38%' 37’.. do. pfd.. . . 117'4 1174, 11714 117-Vllß% A. B. Sugar . 74%j 74'/ 3 ; 74%, 74',4, 74«, P. It. Transit 88% 88’*. 88-“., 88C 88% R. and < >.. . 108'... .108% 108% 108% 108' Pacific 265% 265% 265% 265', 265 C. Product. . . 15%l 15% 15%; 15% 15% C. and Ohio. .: 78%; 79 i 78%! 79 " 78% H. Securities 32% 32% 32% 32% 32% Frie 34% 35 34% 35 35% G. Electric . . 171 %! 1711711 711701.. G. N. Pfd.. .134 134% 134 134b*. 133% G. N. Ore . .11% 11%. 41% ; 41% II Intcrboro . . 20% j'o% 20% 20% 20% d'l. pfd 59%' 59%' 59% 59% 59% Lehigh Valley. 174% 175% 174% 175% 174% I- ■<■ N 158%. 15!) 158% 159 157% N. Y Central. 118% 1.18-, 118% 118% 118% Xnrtb. Pacific 1211% 1203, 1.21».% 120% 120% Pennsylvania 123% 123% 123% 123% 123% Peoples Gas .114 lit 111 111 113% Reading .... 167% 168% 167% 168% 167-., Rock island... 25’, 25%: 25% 25% 35% It. Island, pfd. 51 51% 51 51% 50% Rep. I. * 5.... 2'4', 25%. 24% 24% 24% Rep.l. & S. pfd 79’, 80% 79% 80% 79'- South. Pacific. 110% 1 10% 110% 110-110% Southern Ry.. 28% 28% 28% 28% 26'- Sl. Paid 105 1.05 105 105 104% Tenn. Copper. 15 45 15 45 15 Inion Pacific 169% 170 169% 169% 169% I'. S. Rubber. 66’,’ 66’, 66% 66% 66% I’tah Copper.. 64% 64% 64% i;i%‘ 64% I'. S. Steel.... 70% '70% 70% 70% 70% i . S. Steel.pfd HO’, 111% 110% 111%,110% Wabash 4% 1% ! 4%' 4% 4% Wabash, pfd..: 14%: 14% 14% 11 % _l 4% CHICAGO GRAIN MARKET. ■ Open. High. Low II a ’VHEA7 - Julv . 1.06% t. 06% I .081, t .06% Sept. .. . 1.03% 1.03% 1.03% 1.03% I lec. . 1.0-1 ■, 1 .04', 1.01% 1.04% CORN— July .. . 72% 72% 72% *2% Sept. 72 72% 72 72% Dec 62'- 621*- 62'- 62% OATS Julv .. . 49% . 4'1% 13% 49', Sept. . . 40% ' 40% 10% 10% POKK- Julv . . .18.80 18.80 IS.BO 18 So F.AKD— Sept. . .11.20 11 .20 11.20 11.20 Do Atlanta llt’s The Georgian I’poplc look lo whenever they want to buy, sell, trade, rent, uct help or a position. \o matt ;■ what your WAXT is. a Qeofffian Want Ad will jet it. For Yoiuiir. Con ven knee Want Ads will be taken over the telephone any time and an ■‘Accommodation Account” started with you. All ” Accommodation Ac count” bills are payable when bills arc presented. Want Ads will be taken up to 1 o’clock on the day of publication. HIE ATLANTA GEOHGIAX .\N'D NEWS. FRIDAY, JUN E 21. 1912. NEWS AND GOSSIP j Os the Fleecy Staple < NEW YORK, June 20. Carpenter. ‘Bag got A <’o.: Liverpool more than met the Gorlin;' of yestenjav and the selling around the opening was rather general Miti liPlI was one of 'he 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. The Journal of Commerce says. ”(.ot ton 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 dear uooi Oklahoma generally clear and cool.’ l ollouing are II a. m. bids: July, 11.15: October. 11.42; December, 11.54; January, 11.50. Schill was a g<»od buyer on the open ing. McFadden is said to be buying some cot ton through Pell. Sentiment bearish; the ring crowd was vood sellers; the market looks lower. NEW ORLEANS. June 20. Hayward A- Clark: Map shows splendid conditions, fair entire upper two-thirds of the belt; doudy, <ool m Atlantic districts; no rain in eastern half; some scattered light showers western half' indications are for generally fair in belt except possible a few scattered showers in Atlantic roast. wariiKT in Texas, Oklahoma, Arkansas. 1 .ouisiana. and Tennessee. Mississippi and \ la ba ma. Comparisons of mill takings in Friday’s visible supply will be very bullish as we compare with takings for the week fast year of only 109,000. Weather news fa vorable; the dreaded wet spell in Atlan ties did not materialize; warmer weather coming on w-est just as needed. l%stimate<l receipts Friday; 1912. i9H. New* Orleans 100 to 200 335 The New Orleans Times-Democrat says: Everything seemed to favor the bearish contention at the opening of yesterdas s cotton market, and low priced sentiment gathered force with the progress of the early session. Before the opening the tal ent had an acreage decrease of only .54 of 1 per cent, promulgated by a leading statistical authority. Then came word from a big operator, after a visit to Texas, he felt convinced, that 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 starte<l a procession thereto. The bulletin showed that the Eclid had brought 254 bales, and the Elmonte 200 bales. Immediately wires sent out tip ping pff the country that plenty of ten tier rot ton would be available in New Or leans 'luring July. Subsequently, inves tigation revealed the fact that of the 454 bales brought by water from Galveston to New Orleans during the railroad He ap In the overflowed country. 198 balAs 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 sjx separate Southern mill points in Georgia. South Carolina and North Carolina This in formation checked the spread** of bearish sentiment, or rather called a hall on ‘lie work of the enthusiast. THE WEATHER ' CONDITIONS. WASHING’D !N. .Junf* 20. Weather will he general!' fair, without tuaterial change .in temperature 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 V'ridax ; not much change in temperature. North Carolina and South Carolina Fair tonight and Friday: cooler in soiftb 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. e ATLANTA LivE STOCK MARKET fßy W, H. White. Jr., of the White Pro vision Comoany.) Quotations based on actual Durchases during the current week: i hoice to good steers. 1.000 to 1.200. 5 75 '(16.75; good steer ; . 800 to 1.000. 5.504.7 6.25; medium to good steers, 700 to 850, 5.00(fa 5.75; good to choice beef cows, SOO to 900, L50<u5.50: medium to good beef cows. 700 to 800, 4.00(1/5.00; to choice heifers. 750 tc 850. 4.75915.75: medium to good heifers. 650 to 750. The above represent ruling prices on good quality of beef cattle Inferior grades and dairy types selling ’ower. Mixed common steer*, if fat, 700 to 80D. St 00(8-4.75; mixed common cows, if fat, 600 to 800, $3 509/4.25: mixed common bunches to fair. 600 to 800, 2.75@3.50; good butch er bulls, 3.25@4.00. Primo hogs. 100 to 200 average. 7.4oCfa 7.60; good butcher hogs, 140 to 160, 7.20© 7.30; good butcher pigs. 100 to 140. 6.75<fa 7.00: light pigs. 80 to 100. 5.50(F/6c; heavy rough hogs, 200 to 250. 6.50(fa7c. Above quotations apply to corn-fed hogs. Mast and peanut fattened hogs. I© l%c and under. Cattle supply short again this week, with but few cattle among the wreck’s re ceipts. Prices on good steers and the better class of cows and heifers about a quarter higher than prevailing prices of a week ago Quito a good many medium rattle were in the yards; in this class about steady on anything showing quality, but the mor*' inferior grades were weaker and in poor demand. one load of 900 to 1,000-pound Tennes see cows was the best thing seen in the ’.ar<ls for the week, and brought the high price for <’ows. Shippers who have a good class of beef rattle in good condition will find the At lanta market strong and active for this class # .\ few ennessec spring lambs were re ceived this week, ami met with ready sale at prices ranging from 6 to 7’-. rents, ow ing to qualit x Hog recelpls about normal; market actieaiiy unchanged. POULTRY, BUTTER AND EGGS. NEW YoRK. June 20. Dressed poultry quiet: turkeys, 13<fa23; chickens. 18(q34. fowls, 134)15%. ducks. 19. Live pmjltrx firm ; chickens, 304/ 32: sow ls. 14%; tur keys. 13; roosters, 10; ducks. 13, geese. 10. Butter steady ; creamery specials. 25% ’fa26'i • creamery’ extras. 26%4/27. state dairy, tubs. 2241/26%: process specials. 25 Eggs firmer; nearby white fancy, 264/ 27: nearby brown fancy. 224/23; extra firsts. 2247 23; firsts. !8%4/19. (‘bpQsr firm: white milk specials. 15. whole milk fancy . It t ; kirns, specials. |1%4/I2 t. skijns, fine. 10’14/11%. full skims, 6’- ; 4/8% NEW YORK PRODUCE MARKET. NEW V<»KK. June 20. Wheat deadv July 1.12% 4/ 1.12 ■- spot No 2 red 118 in elevator ami U 17% f. o h Uorn steady ; No. ,2 in elevator nominal/ export No. 2 xn r, •>. h . stramer nominal. No t nominal <»ats firmer; natural white 59 4/61. white clipped 604/63 Ryp quiet; N". 2 nomhiHl f. o. b New York. Bariev quirt: malting 1.124/1 25 •* i. f Buffalo Hay irregulat : good to prime 1.204/1.60. poor to fall 1.1 54/ 1.45 I* lour «-asipr: spring patents $5,504/5.90, straights $54/5 50. clears 4,85415.10. win ter palmts $5 904/6.10, straights $5,354/ 5 15. < lcars $4 754/5. Beef firm; family MB4/18.50. pork strong, mess $20,504/21. family $204/21 la»d steady; city steam 10% (fa 10%.. mid dle West spot 10 85. Tallow steady city «in hogsheads) 6%. country (in tierces) 5 % (</ 6 1 ».. NEW YORK GROCERIES NEW YORK. June 20 (’offer steady. No. 7 Rio spot. 11% Rice firm; domestic, ordinary to prime, 1%4/5% Molasses steady. Now Orleans, open kettle. 354i45. Sugar, raw. steady ; centrifugal. .186; muscovado, 3.36: molasses sugar. 3.11; re fined quii t; standard granulated. 5.15: rut loaf. 5.90. cruahod, >80: mold A. 5.50; rubes. 5.35. powrJprod, 5.20; «liamond \, 510 cvnfert ioners A. 1.95 No 1, 4.95; .No, J. I 90. No 4.85. No t, \ SQ. COTTON STEI ON GOOD BUYING Commission Houses and Spot I 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 <lue 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 who usually represent the uptown crowd and the Bell interest. This buying caused prices to take a jump covering the entire decline made on the opening, with prices 5 to 14 points higher than the quotations. At the close the market steady with prices unchanged to 2 points under yesterday’s final. RANGE IN NEW YORK g M S | i? a— O Mr S “ O X J ure U' cuo June ' I '11.12%4 11.12-14 Jiilx '11.07’11.21 1 1.07 11.17 11.17-18 11.18-19 Aug 11.20’11.30111.18111.28 11.27-28 11.28-29 Sept 11 30! 11.33-35 11.35-36 Det. 11.38 1 1.48,11.36 IL 16 11.45-46 1 1.45-46 Nov ;11.46;11.46 11.46,11.46'11.5-1-52 11.50-51 Dee .11.50 11.60 11.49 11 .*57'11.56-57’11.56-57 Jan. 11.49 11.56 11.46.11 54 11.53-54 11.51-55 Feb : 11.57-59 11.57-59 Meh. 11.58 11.58 11.57 11.65 11.64-65 11.65-66 May 11.70:1 1.70! 11.62.11.62:11.70-72J 1.72-73 Closed steady. Liverpool cables were due 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 2% tn 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% points lower than the previous close RANGE IN LIVERPOOL FUTURES. Futures opened cßiiet and steady. Opening Prev. Range 2 Ft M. Close. Close 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 6.3514-6.37% 6.36 6.35 6.40% Sept.-Oct. 6.30 -6.31 " 6.30 6.29 6.35 Oct.-Nov 6.24%-6.25 6.24 6.23% 6.29% Nov.-Dee. 6.2214-6.22 6.22 6.21 6.27% Dec.-Jan. 6.21’4-6.22% 6.21%- 6.20% 6.27 Jan.-Feb. 6.22 -6.23 ’ 6.21 ’ 6:20% 6.27 Feb.-Meh. 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 A CLARK’S DAILY COTTON LETTER NEW ORLEANS. June 20. Il was feared that the cool wave might bring extensive rains to the Atlantics, but de velopments overnight were most favora ble While there were further light show rrs 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 I market opened abnit 5 points lower, with | only small seUipg. 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 Ar Uo. w’ere reported strung buyers. Another supporting fac tor was rhe anti<d pat ion 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. I Howe' er, 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 the week looks around 35.000. against 31,591 bales last i .ear, RANGE [N NEW ORLEANS FUTURM. « I u kS® ? i* c. ~ o a a 3 ££ 0| X % Ucc , 5J Ju‘ne“|77.“J7777L’777j7.T.'.7i2:07 iiaSOs Julv 12.04 12.10 12.02.12.07 12.07-08 12.09-10 Aug 11.80 1 1.81 11.80 11 81 11.81-83 11.83-84 sept ILB7-S8 11.71-73 i oct. 11.56:1 1.66,11.55 11.62 11.61-6.3,11.60-61 NOV 11.61-63 11.61-63 Dec. 1 1.59 11.70 11.58 11.64 11.62-64,11.63-64 lau '.1.66 '.'..71 11.62'11.71 11.69-70 11.68-70 Feb ' 11.71-73 11.71-73 Meli. 11,73 1 1.73:11.73 1 1.73 1 1.77-78 1 1.75-77 Closed steady. SPOT COTTON MARKET. Atlanta, steady: middling 11% New York, steady; middling 11 60 New Orleans, easy: middling 12% Liverpool, steady: middling 6..‘>9d 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 il% <’liarlestim, nominal: middling 11%. I'hiladelphia. 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. Ijogan & Bryan; Market looks lower on good weather and crop accounts. Orvis Bros.: We do not expect a re vival of bullish endeavor. Baily & Montgomery; Advise a con servative course for the present. Miller <8- Co.: The technical fabric of the market tery strong, and our prefer ence is lo buy info the market especially December on weak spots. Thompson. Towle. X ''o.: If the market is making some preparation for July con tract deliveries: further liquidation Is pos sible. Haydqn. Slone A Co.: Looks like a tbiei iiating market for some time, wiih bulk of ..pißloh turning to. the bearish view. J. S. Hachc A- Co.. Wo look for a fur ther decline unless unfavorable conditions arise within the near future PORT RECEIPTS. Ihc following table shows receipts at the ports today compared with the same day last year: ' 1912. 1 1911 New Orleans. . . 344 I 151 Galveston 645 111 Mobile. . . 156 Savannah .... 201 173 Charleston 8 1 .... Wilmington ... 49 IJB Norfojk. ♦ 434 2 Huston H 29 Total. %874 • 622' INTERIOR MOVEMENT. _ i liu. J9iT."'2 Houston I 'Si 2j Augusta. ! ! 274 t Memphis 615 231 St. Louis 1.089 58 Sinclnnati. . . . 337 ! 180 Little Ro'% ‘ ' Toiai . .... .1 2,496 | ~505 ’ STOCKS HIGHER THAN 111 WEEKS Railway and Copper Issues Show Greatest Activity in Liberal Trading. By CHARLES W. STORM. NEW YORK. June 23. A ietnargic con dition settled over the stock market’ at the opening, leaders waiting to sea 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. I'nion Pa cific reacted % from the high price of 168%: L'nlted 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 ’» Tn the late forenoon heavy selling, said to be Hie 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, hut pressure was also ex erted-againsl Union Paciflc and the cop per stocks. I'.iterboro-Metropolitan was exceptionally strong. The Wabash issues showed a steady tone. Reading opened % higher, but reacted. The curb opened steady. A firm tone prevailed in Americans and in Canadian Pacific in London on small transactions. English traders taking their cue from Wall Street are waiting for political developments. Stock market closed firm: governments unchanged: other bonds steady Stock guotations: ~h I I Last | Cits I Pre» STOCKS— iHighlLow.iSaie.l Bid.(Cl’se Imai. Copper. 87% 85%. 87%' 86%' Am. Ice Sec...: ..... Am. Sug. Ref. 130% 130 130% . .130 Am. Smelting . 86 I 84% 85% ....' 85 Am. Locomo... 42% 42% 42% ... 41 % Am. Car Fdy.. 60 i 59% 60 I .... 58% Am. Cot. Oil .. ....' \. ....: 51% Am. Woolen .. ! ....I 28 Anaconda .... 44%, 44% 44%' ....' 44% Atchison 107 106% 107 ' . ...i.106% A. C. L 138%J38% 138% . . .137% Am. Can 37% 35 37% .... 35% do, pref . .:118%i116% 118% ....117 \m. Beet Sug. 74%i 72%' 74% . ..'74 Am. T. and T. 146 145% 146 . . .145% Am. Agricul. . 61%i 95%; 61% ....'61% Beth. Steel ... 37%’ 36',: 37 .... 37% B. R. T 88% 87% 88% .... 87% B. and 0 108%.108 108% ....108 Can. Pacific .. 265% 264% 265 ' ....265% Corn Products 15%: 15 15%' .... 14% ' . and O <B% <, % ,8 '., .... 77% Cansol. Gas .. 141 % 140'.,, 140% .... 140% Cen. Leather . 25% 25% 25%’ ... 24% Colo. F. and 1. 31% 30% 31 .... 30% ColO. South : ....I .... .... 39 D. and H i ..... .... .... .... 167 Don. and R. G. 19% 19% 19% .... 19% Distil. Secur. . 32 Erie 35 34',: 34%’ .... 34% do. pref .. 53 52%: 52% .... 52% Gen. Electric . 171 170 170% .... 170 Goldfield Cons. I .... 4% G. Western ... ... .' ...J .... 18% G. North., pfd. 133% 133 133% ....133% G. North. Ore. 41%: 40%; 40%' Ini. Harvester 120 119% '19% .... . HI. Central ... 30% 20% 20% . .. 20% do. pref. .. 59% 58% 59% 58 lowa Central .... 11 K. C. South... . ......: .... .... 25 K. and T 28 27% 28 I .... 27% do, pref. .' ....' ....I .... .... 59% L. Valley. . . 174% 171 % 174% ....’172% L. and N . . 158% 157 158 t. . . .157 Mo. Pacific . . 37 37 37 .... 36% N V. Central 118', 117% 118 .... 117®; Northwest. . 135% 135% 135% ....135 Nat. Lead 58% 57% 58% ...., 57% N. and W. . . 111 % 111 % 1.11 % .... 11l % No. Pacifle . . 120 120% 120 .... 119% O. and W. . . 34% 34% 34% .... 34% Penn 123% 123% 123%i ....1123% Pacific Mall J I 83 P. Gas Co. . . 114 113% 114 .... 113% P. Steel Car . 35 35 (36 .... 35 Reading . . .168 165% 168 ....166% Rock Island . 25% 25 25% .... 25% do. pfd.. . 50%' 50 1 50% .... 50 R. I. and Steel 24% 24% 24%’ .... 23% do. pfd.. . 79% 79% 79% .... 79 S. -Sheffield .... . ...| .... 54 So. Pacific . .’llO% 109% 110 ....109% So. Railway. . 28% 28 28% ....' 28% do. pfd I ....I 73% St. Paul. . 104%>103% 104%j ....’103% Tenn. Copper 45% 45% 45%1 .... 45% Texas Pacific .... , I 22% Third Avenue 39 38%- 39 I ...J ... I nion Pacific 169 ~16T% 169%' ....168'* C. S. Rubber. 67 64% 67 I .... 64% Utah Copper ~ 64% 64% : 64%* ....: 64% U. S. Steel . . 70% 68% 70% 69% do. pfd.. . . 110%, 110% 110% ' ....110% V -C. Client.. 48% 48% 48%| .... 48% West. Union x ' .... 82% Wabash .... 4% 4% 4%! .... 4 do. pfd.. . 14% 13% 14%' .... 13% West. Elec .... I 72 % W. Maryland .... ....( ...J 57% Total sales, 397.000. x-Ex-divfdend, % of 1 per cent. MINING STOCKS. BOSTON. June 20. opening: Smelting, 41%: Butte Superior, 49; Mohawk, 67%; Fruit, 205; Superior Copper. 40%: Han cock, 36. LOCAL STOCKS AND BONDI Bia Askea Atlants * West Point R R . . 14» 14s American National Bank. 215 220 Atlantic Coal & Ice common. 104 105 Atlantic Coal A Ice pref u Atlanta Brewing * Ire C 0... 174 Mlanta National Hank S2O 330 Central Bank * Trust Corp 160 Exposition <lstton Mills 1(« ISS Fourth National Bank ?60 2fis Fulton National Bank %>5 i 3O Ga. Ry- * Elec, stamped. .. 1?4 i 2 g Ga. Ry & Pow. Co., common 27 30 do. Ist pfd SO 85 do. 2d pfd 46 47U Hillver Trust Company 125 Lowry National Bank 248 250 Realty Trust Company io» n 0 Sixth Ward Bank 14 jot Southern lee common 71 7 2 % Third National Bank, n»w. 220 225 Trust Co. of Georgia 226 235 Travelers Bank * Trust Co . 124 ) 2 « BONDS Atlanta Gas Light Ist 6s 101% 105 Georgia State 4%5. 1915 .... m ijj Georgia Midland Ist 3s 60 «t Ga. Ry. * Elec. Co. 5s 101 Ga. Ry A Elec ref. 6s 99 ygst Atlanta C.-.-solidated 5s . . 102% Atlanta City B%s. 1931 91 92% Atlanta City 4%5, 1921 102 103 Southern Belt 5s »»% NEW YORK COFFEE MARKET. Caffee quotations: i Opening | Closing. - January ... . I::.88'0 13.95 13.94’a-13.95 Februsrj . . . . 13.86’0’13.95 13.90<® 13 95 March 13.93 13.96® 13.98 April 13.95® 14 00 13.98-514.00 May 13.96 14.00481401 June'. . 13.60'a.13.64 lub 13.50® 13.60 1.3.6.8<fi 13 64 August . . . . 13.60® 13.70’13.73(513 75 September . . 13 7"-u ’;< B<i 13.82® 13.83 October 13 80 13.84®, 13.86 November . 13 81® 13.90 13.88® 13.90 December. 13.85 13.94® 13.95 Closed steaiLv Sales. 36,250 bags( " COTTON SEED OIL. Colon seed oil quotations- Spot . . . .’. . . 1 I 6.70 June .... 6.82®7.05 6.81&6.89 Julv 6.83®6.84 6,81®6.83 August 6.92®6.95 6.91®6.93 September .... 7.04® 7.05 7.02® 7.04 Octobet 6.98®6.99 6.05&6.97 November ... 6.56® 658 6.50® 6.54 December . . 6.48® 6.55 : 6.46® 6.47 January 6 Closed steady; sales 12,800 barrels. 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 1:30 n m was %d to ,d higher Closed unchanged to %d lower. ATLANTA MARKETS] EGGS Fresh country candled. IVq U>» BUTTFJt Jersey and creamery. In I lb blocks. fresh country dull, 10<t» y pound. DRESSED POULTRY Drawn, bead and feet on, per pound. Hens 16<$17c, fries 25<n27c, roosters MjHOc, turkejs, owing to fatness. 18<o29<’. LIVE POULTRY liens 10ir-!.'><■, roost ers fries puddle ducks 25fu30<-. Pekin ducks 40<?i 45c, geese 50®G0c each, turkeys, owing to fatness, 14^15c. FRUITS AND PRODUCE. FRUIT AND VEGETABLES -Lemons, fancy. $4 50(J?5 per box. Florida oranges. per box. Bananas. per pound. Grapefruit. ssfu6 per crate. Cab bage, Iz'a1 z 'al l 4< per pound. Florida < ib bage. $24i:3.50 per crate Peanuts, per pound, fancy Virginia. choice 5 1 .- (qOc. Beans, round green. $1 (fa 1.25 per crate. Florida celery, s2*fa2.so per crate Squash, yellow, per six-*basket crates, $1.25(111.50 Lettuce, fancy, choice $1..25(fa 1.50 per crate. Beets. $34/ 3.50 per barrel Cucumbers, $1,254/1.50 per crate. English peas, per drum, sl4/ 1.25. New Irish potatoes, per barrel, $2.15 (&3.00. Strawberries. 7(fa 10c per quart Egg plants, $22.50 per crate. Pepper, $1.75©)2 ner crate. Tomatoes, fancy, six basket crates. $2412.50; choice tomatoes. $1.75412. Pineapples, $24/2.25 per crate Onions, $1,254? 1,.»0 per bushel. Sweet pota toes, pumpkin yam. slCfal.2s per bushels. Watermelons. $lO4/15 per hundred. Can teloupes, per crate, $2(fa2.50. PROVISION MARKET. (Corrected by White Provision Company.) Cornfield hams. 10 to 12 pounds average, 16 Ur. Cornfiel I hams, 12 to 14 pounds average. 16 1 5>C. Cornfield skinned hams, 16 to 18 pounds average, t’ornfield picnic hams, 6 to 8 pounds average. 1.2 !yC. Cornfield breakfast bacon, 23c. Grocer st vie bacon (wide or narrow). 17Uc. 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 hams, 25-pound boxes, 11c. Cornfield spiced jellied meats in 10- pound dinner paijs. 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), 12'i< . Country style pure lard. 50-pound tins only. llVfcc. Compound lard (tierce basis), 10c. D. S. extra ribs, 11 qc. D. S. lib bellies, medium average. 12c. D S. rib bellies, light average, 12Uc. 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 patent), $6.26; Home Queen (highest patent) $6; Puritan (highest pat ent) .$6; Sun Rise (half patent) $5.50; Tulip flour, $4.50; White (’loud (highest patent) $5.75; Diadem (highest patent) $5.50; Farm Bell. $5.40; Paragon (high est [latent) $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 coh, $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-pound sacks. $1.09. OATS Fancy white clipped, 71c; fancy white, 70c; mixed, 68c ('OTTOxN SEED MEAL Harper, S2B. COTTON SICED HULLS Square sacks, <9.50 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 hundred weight: Timothy, choice large hales, $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; pea vine hay, $1.20; shucks, 70c; wheat straw, 80c; Bermuda hay, SI.OO. FEEDSTUFF SHORTS Halliday while, 100-lb. sacks, $1.90; fancy, 75-ib. sacks, $1.85: P W 75-lb. sacks. $1.80; Brown, 100-lb. sacks, $1.75; Georgia feed, 75-lb. sacks, $1.75; bran, 75-lb sacks, $1.65; 100-lb. sacks, $1.60; Ilomclofne, $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. $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. $1.85; 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 l /2c; plan tation. 6c. COFFEE Roasted (Arbuckle's). $24.25; A AAA. $14.50 in bulk; in hags and bar rels, $2.10: green. 19c. RICE Hea<f. fancy head, (fa6Y2<‘. according tn grade LARD Silver leaf, per pound; Soco. 9V»c per pound; Flake White, 9Ue per pound; Cottolene, $7.75 per case; ESTABLISHED 1861 The Lowry National Bank OF ATLANTA, GA. CAPITAL - %1,000,000 SURPLUS - 1,000.000 Designated Depository of the United States, County of Fulton, City of Atlanta. INTEREST PAID ON SAVINGS. GSSEGEEGOF Will Give Yoh Protection and Convenience at i 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 GRfIINSGDHIGHEH US SHORTS COO 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 (falOT’a Corn Oa t s 52 ’2 41 53 CHICAGO, Juno 20. Wheat was quiet and a shade lower soon after the opening on selling by longs and a lack of buying pow er 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 h weaker feeling [or oats nn better <*rop conditions and somewhat heavier receipts than looked for. Hog products were lower, although hogs were a shade higher. After an early dip wheat ruled strong all day. There was no bullish nows of importance, but short selling had evident ly been overdone. <’orn was strong during the entire ses sion on goo<l buying. (>ats displayed little strength early, but firmed up later. Provisions were inactive and without feature. CHICAGO GRAIN MARKET. Grain quotations; Prev. Open. High Low (.‘lose Close. VVHEA T Jly I.or ; \ 1.06 L.. 1.05 Q Spt 1.03\ 1.04% 1.03% 1.04% 1.03-4. Dec 1.04% 1.05 U 1.04% 1.05’4 1.04% CORN - July 72 73 71% 72% 71% Sept 71 '« 72% 71U 71% Dec 62% 62% 62% 62% 62% OATS - July 18’ 2 49’ 4 48% 49 48% Sept. 40% 40% 40 10% 40’4 Dec. 41 41% 40% 11% 10% PORK - Jlv 18.7 c 18,77% 1.8.67% 18.75 18.72% Spt 19.07% 19.10 18.97% 19.10 19.02% LARD— 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 11.25 11.22% RIBS Jlv 10.50 10.52% 10.50 10.52% 10.52% Spt 10.70 10.72% 10.62% 10.70 10.70 CHICAGO CAR LOTS. Follow ing are receipts for Thursday and estiniatetl receipts for Friday: |rp| inrS) j ay | Friday. Wheat I 3 1 t 0 Corn . I 217 304 (,ats 91 I 123 Hogs . 1 7.000 L’ , 000 _ PRIMARY MOVEMENT. ~ Wll EAT- I I l»h Receipts I 276,000 ' 297,000 Shipments 1 342.000 1 85.000 COR N— ~j Receipts 668.000 : 637.000 Shipments 393.000 625.000 LIVE STOCK MARKET. t'HICAGO. June 20. Hors Receipt’. 15,000. Market 10c® tsc higher: mixed an<l butchers, $7.20@*7.65: good heavy. 47.55® 7.67: rough heavy. $7.2007.50; light, $7.15®7.5r>: pigs. $5.25®7.10; bulk, $7.45® 7.60. Cattle Receipts, 3.500. Market strong: beeves. $6.25® 9.7,0: cows and heifers. $2.00 ®7.00; Texans. $6.75®8.10; calves, $7.25® 8.50. Sheep Receipts. 10.000 Market strong, native and Western. $3.75®5.35; lambs, $4.50@7.75. Snowdrift. $6.50 per case. i'lll'illSi; Fancy lull ereatn. 22c. SARDINES Mustard. $3 per case, one quarter oil. $3. SARDINES Mustard. $3 per ease, one quartcr 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. 71,c; shredded biscuit, $3.60: rolled oats. $4 per case; grits tbags), $2.20. pink salmon. $5.10 per ease; pepper, 25c pdr pound: It. E. Lee salmon. $7.50; cocoa. 38c; roast beef. $3.80; syrup. 30c per gal lon; Sterling ball potash, $3.30 per case; soap, $1.50®i4.00 per ease; Rumford bak ing powder. $2.50 per case. SALT- One hundred pounds, 49c. salt brick tplalnt, per case, $2.25; salt brick (medicated >. per case, $1.85; 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. 18e. FISH. FISH - Bream and perch. 6c per pound: snapper. 9e 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. F’LOWSTOCKS Halman. 95c, Fergu son. $1.05. AXLES $4 75®7.00 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, 3c. base. Swede. 3®c. 17