Newspaper Page Text
20
Legal Notices.
Continued From Receding Page.
state, but they desire the right to estab
lish branch offices in other counties In
said state.
3. The object of said corporation is pe
cuniary gain to its stockholders.
4. That the particular business of said
corporation will bo manufacturing, buying
and selling ice; establishing and operating
cold storage plants, with the right to
charge on all products placed in cold
storage with said corporation; bottling
and selling soft drinks; manufacturing
and selling ice creams and similat food
products; buying and selling fuel of all
kinds; and to do and perform any and all
acts incident and necessary to the suc
cessful operation of its business as afore
said.
5. They desire the right and power in
said corporation to buy, own, sell, lease,
improve and otherwise to deal in an.' and
all kinds of property, both real and per
sonal. and to make and enter into any
kind of contracts which may be Incident
to or contribute to the operation of the
business of said corporation.
«. They desire that said corporation
shall have the right and power to borrow
money, and give its notes, bonds and
other evidences of Indebtedness therefor,
and to secure the same by mortgage, loan
deed or in any other manner authorized
by law upon any or all of its property,
real, personal or mixed, including Its
good will and franchisee, and likewise to
lend monej and to receive therefor notes,
and other evidences of indebtedness, and
securities, such as may be agreed upon,
and to have vested in it all the rights,
powers and privileges usual and proper
to be enjoyed by a corporation of this
character under the laws of said state
7. That the said corporation shall have
the right, power and privilege of receiv
ing, at a fair value, all kinds of property,
both real and personal, and suitable for
the purposes of Its business for the pay
ment of subscription to its capital stock,
and to issue certificates of its capital
stock therefor.
8. That the capital stock of said cor
poration shall be one hundred thousand
<|loo,oooi dollars, divided Into shares of
the par value of SIOO each, of which sixty
thousand <Boo.ooo> dollars shall be com
mon stock, and forty thousand <s4o,ooo>
dollars shall be preferred stock, but
they desire the right to increase its
capital stock to an aggregate amount
not to exceed five hundred thou
sand <5500.0001 dollars: said Increase
to be of common and preferred stock, all
of which stock shall be issued in the
ratio of 60 per cent of common to 40 per
eent of the preferred stock; that such In
crease may be made from time to time by
a majority vote of the. stockholders of Its
outstanding common stock. They desire
the right to sell and issue the preferred
stock, upon such terms and conditions aa
may be determined by the stockholders of
« majority of its outstanding common
stock
Wherefore, petitioners pray that upon
the compliance by them with the provi
sions of the law in such cases made and
provided that they, their associates and
successors, be incorporated and made a
body corporate for and during a term of
twenty <2O» years, with the privilege of
renewal at the expiration of said time
and thereafter and from lime to time as
may be allowed by law under the name
and style aforesaid, and with all the pow
ers, rights and privileges set forth in tills
petition, and which under the laws of this
state are usually enjoyed by corporations
of a like character
C P. GOREE.
Attorney for Petitioners.
Filed in office this .Tune R. 1912.
ARNOLD BROYLES, Clerk.
STATE OF GEORGIA County of Fulton
I. Arnold Brpyles. clerk of the superior
court of said county, do hereby certify
that the foregoing is a true and correct
copy of the application for charter of
Consumers' Ice Company, as the. same
appears of file in this office.
Witness my official signature and the
seal of said court this June 8, 1912
ARNOLD BROYLES.
Clerk Superior Court Fulton County,
Georgia. 6-8-42
Sheriff ’s Sales for July, 1912.
Will h© gold before the present court
house door ("old city hall building”, lo
cated at the northeast corner of South
Pryor and East Hunter streets, the Bald
premises having been designated by the
hoard of eomintesfonera of roads and reve
nues of Fulton county as the court house,)
in the city of Atlanta. Fulton county.
Georgia, on the first Tuesday in .Tub.
1912. at public outcry, within the legal
hours of sale, to the highest and best
bidder or bidders, for rash, the whole,
part or parts of the following described
property, to-wit:
All that tract or parcel of land situ
ate, lying and being in the Fourteenth
(14th) district of originally Henry, now
Fulton, county, Georgia, being part of
land lot ninety-seven (97) and described
as follows: Being in the city of Hape
ville. and being in the southeast corner
of block four (4) commencing at the cor
ner of Fulton avenue and Cherry street,
running southwesterly along the north
sfde of Cherry street one hundred and
fifty (150) feet; thence northerly along the
line of land owned by ft. E Todd one
hundred (1 <»0» feet; thence southeasterly
one hundred and fifty (150) feel to Ful
ton avenue; thence southerly along Ful
ton avenue one hundred <100) feet to be
ginning point, there being u four-room
frame nuilding on said lot. levied upon as
the property »f W X. I. Willingham, to
•sstisO a 11. fa. issued from the cit> court
.of Atlanta, in favor of S A. McChargue
vs. said W. A. L. Willingham, a deed for
the purpose of levy and sale having been
executed, filed and recorded as required
by law, tlie tenant in possession.
Also at same time and place the fol
lowing described propertx. to-wit: All
that tract or parcel of land lying and
being in the city of z \ Hants, and in land
lot fort >-four < 4-11 of the Fourteenth
(14th) district of Fulton county. Georgia,
and mom particularly described as fol
lows: Beginning at a point on the cast
side of Grant street two hundred and
ninety-five and two-thirds (295 2-3) feet
from the souths t corner of Grant street
and Woodward avenue; extending thence
south along the cast side of Grant street
forty-four and one-third (441-3) feet;
thence east of uniform width with front
one hundred and fifty (150) feet to VI, L.
Smith’s property, the dwelling thereon
being known as No 118 Grunt street,
levied upon as the property of H. L.
Smith to satisfy a fl. fa. issued from the
city court of Atlanta, in favor of Smith,
Hammond A. Smith x.- W. <’. Hutt and
said VL L. Smith, the tenant in possession
notified. Property pointed out by plain
tiff's Attorney.
Also at s.tme time and place the follow
ing describe<] property, to wit. Com
mencing on the south side •»( Ware ave
nue, formerly known as Church street,
and in the town of East Point, at the
northwest corner of what was formerly
the Matthews lot, which point s five hun
dred and sixty-one (561 > feet measured
along said Ware avenue* from the center
of the tract of the Central of Georgia
railroad, and seventy-five (75) feet west
nf a street heretofore known .is Conklin
avenue, and running thence m>rthw< sterlx
along said W are avenue .seventy-five. (75)
feet to an alley, sometimes known as the
Newnan road or Church street; thence
southwesterly along said alley three hun
dred and ninety-four <394) feet; thence
easterly eighty-one <RI » feet to the |.»t
formerly or Matthews: thrjjeo northerly
along said Matthews lot t’rrer hundred
and sixty-one <361) feet to the beginning
point, being the same property < on\eyed
to Mary T. Smith, by Mrs Nancy H
Ware, by deed dated February •.'.‘th. 18‘.:.
recorded in book F-4. page tix, records of
Fulton county, and being in land lots one
hundred and fifty-six < 156> and one hun
dred and fifty-seven (157» of the Four
teenth <l4th) district of Fulton county.
Georgia, levied upon as th< property ..f
Mrs Marv T. Smith, to satis!? a fl. fa
issued from the city court of Atlanta in
favor of Mrs. Janet T
the said Mrs. Mary 'I 8m th. .. • ■ f<v
the nurhosp of levy and sale having been
executed, filed and recorded «s required
bv law, the tenant in possession notified
Also at "same time and place, the fol
lowing described property to-wit: All
that tract or parcel of land lx mg
city of Atlanta, and being part of land
Jot one hundred and twelve <ll~> of the
Fourteenth <l4th > district of Fulton coun
ts Georgia, and described as follows
(•ommenclng at the northwest cornet <>'
Marietta and Hampton etreata, and run
ning thence northwesterly aiongeth - north
Side of Marietta street fifty (501 feet;
ihenc- northeasterly one 'l'
feet; thence southeasterly nn \,
to Hampton street; them e suuthvieMei 5
along Hampton street to the beginning
poinf. the easterly line being
dred <IOO, loot, same being lots -> and
.24. of plat of D. It DHlon’s .“*!
ner plat recorded in “Op. P»BO 63«-
records Fulton county, Georgia the house
thereon being known as 913-916
street, levied upon fl* property J
R 1 Hilley to satisfy a fl. fa issued from
i
Legal Notices.
the city court of Atlanta, in favor of Mrs. I
L. H. T. Moore versus said R. 1. Hilley. a |
dc«l <«• Hie purpose of levy and sale
having been executed, filed and recorded •
as required by law, the tenant in pos- I
••f-Gj.D! notified. j
Also at same time and place, the fol- j
lowing described property, to-wit: All I
that tract or parcel of land situate, lying,
nnd being in land lot number ten <10) of
the Fourteenth • 14th> district of Fulton
county, Georgia, known as lot No. nine
of block eleven (11) of the Hirach
:-übdivision. said lot commencing at a
point on the western side of Lynes ave
nue four hundred (400) feet southwesterly
from Confederate avenue, and running
thence southerly along the western side
of Lynes avenue fifty-five (55? feet:
thence westerly three hundred and six
teen and two-tenths (316.2) feet, more
or less, thence northwesterly one hundred
and txvelve <112) feet, more or less, thence
southeasterly three hundred and forty-six
(316) feet, more or less, to the beginning
point. levied upon as the property of L.
B Gray to satisfy a fi. fa. issued from
the dty court of Atlanta, in favor of
Harold Hirsch versus said L. B. Gray, a
deed for the purpose of levy' and sale
having been executed, filed and recorded
ns required by law. the tenant in posses
sion notified.
Also at same time and place, the fol
lowing described property, to-wit: The
following tract or parcel of land situate,
lying and being in the city’ of Atlanta, and
in land lot twenty-one (21) of the Four
teenth (14th) district of Fulton county,
Georgia, commencing ala point on the
east side of South Boulevard fifty (50)
feet south of Glenn wood avenue, and run
ning thence south along the east side of
South Boulevard fifty-five (55) feet, and
extending back east with same width as
front one hundred and fifty (150) feet,
being part of lots one (1) and two (2) of
the plat of the Annie M. Burch property,
sold to Marv C. Bratton by G. K. Glenn,
trustee, levied upon as the property of
Mrs. Mary C. Bratton, to satisfy a fl. fa.
issued from the city court of Atlanta, in
favor of Mrs. F. G. A. Candler versus
said Mrs. Mary C. Bratton, a deed tor
the purpose nf levy and sale having been
executed, tiled and recorded as required
by law, the tenant in possession notified.
Also at same time and place, all that
tract or parcel of land lying and being
in l&nd lot 149, in the Seventeenth dis
trict of Fulton county, Georgia, and more
particularly described as follows: Com
mencing fifty (50) feet west of McMillan
street, thence west fifty (50) feet along
Emmett street; thence south one hun
dred and forty-three and eight-tenths
< 1 13.8* fed to an alley; thence east along
said alley fifty (50) feet; thence south
one hundred and forty-three and eight
tenths (143.8) feet to the beginning point,
levied upon as the property of T. L.
Francis, to satisfy a fl. fa. issued from
the city court of Atlanta, in favor of
Aline Moore, versus Peter .Johnson as
principal and said T. L. Francis as se
curity, the tenant In possession notified.
Also at same time and place, the foi
lowing personal property, to-wit: Nine
teen wash bowls. 20 pitchers, one cham
ber, two small pitchers, one hall rack, 26
iron bed ends, 26 iron bed rails, two
wooden bpd rails, sixteen bed springs,
one lot of bed slats, seven rolls carpets,
four rolls of stair carpels. 20 mirrors,
four table leaves, eight dressers, four
washstands, nineteen art squares, six
rugs, one sideboard, twelve center tables,
one kitchen cabinet, two porch chairs,
thirteen mat tresses, 11 sheets, 22 spreads,
sixteen pillows, one feather bed, 43 quilts,
six dining tables, 74 straight chairs, one
easel, two wood bed ends, one bookcase,
four marbles, three wardrobes, one re
frigerator, 28 rockers, two settees, two
leather lounges, one library table, four
blankets, two pillow cases, two portieres,
one bundle of lace curtains, one bundle
of xvindow shades, one davenport, one
piano, one piano stool, sixteen slop jars,
one large range, and ware, one set dishes,
levied upon as the property of L. W.
Freeman and Gertrude Freeman, to sat
isfy a fl. ta. issued from the dty court
of Atlanta, in favor of D. A. Farrell and
<’ P Murphy versus the said L. W.
Freeman Gertrude Freeman.
Also at same time and place, the fol
lowing personal property, to wit. Twelve
table spoons, twelve dessert spoons,
twelve table forks, twelve teaspoons, one
five o’clock tea set. and twelve spoons
and sugar tongs, mustard pot and spoon,
four salt spoons, two sauce ladles, one
soup ladle, one butter knife, one sugar
duster, one marrow spoon, one pickle fork,
one. gravy spoon, four salt cellars* one
tea pot, one coffee pot. one sugar hasin,
one cream ewer, two candlesticks, one
snuffer and tray, one toast rack, two bot
tle sliders, one small card tray, levied
upon as the propertv of P. L. Wooley,
the defendant, to satisfy a fl. fa issued
trom the city court of Atlanta, in favor
of J D. Lominack versus the said P. L.
Wooley, property pointed out by the
plaintiff s attorneys.
G. W. MANGI'M, Sheriff.
DAILY WEATHEK REPORT.
i.owcml temperature 82
Highest temperature (53
Mean temperature 72
Normal temperature 77
Uainfall in past 24 hours 0.00
I'Jxress since fist of month 4.15
Kxcess since January Ist 13.42
REPORTS FROM VARIOUS STATIONS,
ITemperat tire! R’fall
Station*— I Weath. I 7 Max. | 24
j I la. m. x day.|hours.
1 Xugusta . . . Clear I 72 .. .7..
Atlanta. . . .’Clear 68 82 ....
Atlantic City . Cloudy 66 76 ....
Anniston. . .’Clear 68 82 ....
Boston . Clear 68 82 ....
Buffalo. . . . Clear 58 j 66 I ....
Clialreston IRafning 74 80 .14
Chicago. . . Clear 58 64 ....
Denver I’Hv dd> 54 84 ....
Des Moines . JClear 62 76 ....
Duhith. . . . Clear 66 1
Eastport . - . <"lear I 60 70 ....
(Jalvestnn. . .'('tear I "?4 80 ....
Galveston. . .a’lear 1 74 80 ....
Helena Cloudy I 64 90 ....
Houston. . .Clear | 70 ....
Huron. . .‘(’lear 54 1 78 ....
Jacksonville . Raining 74 88 .16
Kansas City . Ptlycldyl 64 | 78 | .02
Knoxville. . .'Clear 66 I 80 | .08
Louisville. . . ’’tear 62 I 80 I .28
Macon. . . . IClear 72 I 82 ....
Memphis. . I’tly cldy 70 1 82 ....
Meridian. . Clear 68
Mobile (’tear 70 84 ....
Miami . . Ptl\ cldy 84 88 .02
Montgomery .'Clear 70 84 ....
Moorhead. . . Clear 58 80 ....
Now Orloan . Clear 78 84 ....
New York. . (’lear 68 80 ....
North I’latte. Ptlj cldyl 56 78 ...
«Oklahoma. . . Cloudy 64 I 84 .04
Palestine. . ..Clear 70 1 86 j. ...
J Pittsburg. . .-Clear 62 72 I .1.6
1 Portland. Oreg Cloudy 52 I 62 I .02
Jan Francisco Raining 52 62 .02
St. Louis.. . Pty cldy 60 76 ....
St p.<..' . 80
\a>.\ iiriiiiM ann. SectionfMrector.
ATLANTA LIV« STOCK MARKET.
<Bv 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, 5.75
■ g‘6 7’ gnod steers. 800 to 1.000. 5.50(3)6.50;
medium to good steers. 700 to 850. 5 00(ft
t. txv good to choice beef rows, 800 to 900.
I 1 ~. <» 5.50. medium to good be f cows, 700
tn 800, good to choice heifers.
750 tc 850. 4.75«i3.75; medium to good
heifers. 650 t«» 750. 1.00 u 4.75.
The above represent ruling prices on
good quality of beef cattle Inferior
g-ades and dairy types selling lower.
Mixed common steers, if fat. 700 to 800.
i si (in ( 1 75; mixed common cows. If fat. 600
1 t<< 800, $3 50(u4.50: mixed common bunches
i to fair. 600 to 800. 2.75®3.50; good butch
!er bulls.
Prime hugs, 100 to 200 average. 7.50®
7.6.7; good butcher hogs, 140 to 160. 7.25<u'
1 : |(»: goml butcher pigs. 100 to 140. 6.75'0
7.00; light pigs, 80 to 100, 5.50(0 6.00; heavy
! rough hogs. 200 to 250, 6.50<&7c.
Above quotations apply to corn-fed
hogs. Mast and peanut tattened huge,
j and under.
Prime Tennessee spring lambs, 60 to 75,
<;.so<, s s(i; g< <h| Tennessee lambs. 50 to 60.
5.50 u 6.00; mutton, sheep and yearlings
(ordinary ). 3.00«/4.00.
Cattle ii'ts continue light, market
strong and active on best grades
\ ery feu good steers coming in. the
week’s receipts « oiisipting of
row s stuff, varying in quality and condi
tion. Good, weighty cows In good flesh
art ready sale at prices about a quarter
higher than a week ago. Inferior grades
are a slow *ale at present quotations.
Tennessee spring lambs in fair supply.
Quality nf present receipts unusually
go'ui Market strong on best grades
Hog supply about normal. Market
practically unchanged.
RTE ATLANTA GEORGIAN AND NEWS. SATURDAY, JUNE 22. 1912.
CDTTONMMET
UNDER PRESSURE
Weak Liverpool Cables and;
Fine Weather Hold Prices
Unchanged to 4 Lower.
NEW YORK, June 22.—The cotton mar
ket opened the week-end with a decline
of 2 to 5 points on Liverpool easier cables
and the favorable weather conditions was
the chief factor for the decline. The early
trading was quiet and active, with the
ring crowd guod sellers.
The selling pressure on the opening
continued throughout the short session,
with the Wall Street house being the
best sellers. However, the buying was
only moderate and scattered. Spot houses
were good buyers of July contracts.
At the close the market was firm with
prices ranging from unchanged to 4 points
lower than the previous close.
Warehouse stocks In New York today,
136,760; certificated, 116,348.
RANGE IN NEW YORK~FUTURESk
£i~ “• * '-J
0j X J 5 O.L
June I i 111.14-16 11.14-16
July 11.15H1.20 11.12 11.19 11.19-20 11.20-21
Aug. 111.27 11.27111.25 11.28 11.28-29 11.29-31
Sep. : 11.34'11.34; 11.34 11.34 11.35-36 11.36-37
Oct. 11.41111.48111.40 11,48 11.47-48 11.47-48
Nov. I i 11.54-56 11.55-57
Dec. 111.69111.60111.52 11.59 11.59-60 11.61-62
Jan. 11.54(11.56'11.48 11.55111.55-56111.59-60
Feb. J 11.59-6111.63-65
Mar. 11.64111.65 11.61 11.65,11.66-66 11.69-70
May ;11.72(11.72|11..68 1.1.68|11.72-74|11.75-77
Closed firm
Liverpool cables were due 2 to 3 points
lower. Opened quiet at 314 points de
cline. Closed quiet at a net decline of
314 <o 5 points, new crop showing great
est decline. Spot cotton quiet and un
changed; middling, 6.63; sales, 7.000 hales,
including 6.000 American; speculation and
export, 500; Imports, 2,000. all American.
RANGE IN LIVERPOOL FUTURES.
Futures opened quiet.
Opening Prevfoug
Range. Close. Close.
June 6.42 -6.4l'zi 6.4214 6.46
June-July 6.41 -6.4014 6.42% 6.45
July-Aug 6.41 -6.39% 6.40% 6.44%
Aug.-Sept 6.40%-6.41 6.40 6.44
Sept.-Oct 6.34 -.... 6.33 6.37
Oct.-Nov 6.28 -6.27 6.27% 6.31%
Nov.-Dec 6.25 6.24% 6.29
Dec.-Jan 6.25 -6.23% 6.24 6.29
Jan.-Feb 6.25 -6.23% 6.24 6.28%
Feb.-Mar . 6 25%- 6.24% 6.29
Mar.-April . 6.27 6.25 6,30
Anril-May 6.26 6.26 6.31
Closed quiet.
HAYWARD A CLARK'S
DAILY COTTON LETTER
NEW ORLEANS, June 22. -Liverpool
closed distinctly poor ami disappointing,
with futures 4 to 5 points lower: spots un
changed at 6.63; sales 7,000 bales.
Many had counted on another bullish
demonstration there, but It may be that
during the coming wepk speculative bull
Interests will try and reduce their line In
order to be able to support the market on
the bureau day, just as was done on the
last government publication. The weath
er map continues to show excellent con
ditions and prospects. Cloudy in Okla
homa and Arkansas and the Atlantic
coast districts- fair In rest of the belt and
warmer. No rain except little In Okla
homa. northwest Arkansas and Atlantic
coast Indications are for fair and warm
er over Sunday, except possibly for some
showers In northwest Texas, Oklahoma
and northern Arkansas.
The continued dry spell in the central
and eastern states is particularly favor
able. Trustworthy reports from south
ern Texas say: "Some cotton opening and
a new bale is expected any day.”
First, trades here were at a decline of
a few points, but as usual bearish tend
encies were opposed by strong support in
New York. Bull Interests there distributed
lengthy night messages, which, If they did
not bring help, at least contributed to
keeping people from selling.
The technical condition of the market is
not strong, traders have, been so much
intimidated that speculative short inter
est has been much reduced, and It may
turn out that tlie large speculative long
interest in certain hands holds largely the
legitimate short interest against surplus
crop and stocks. Market next week will
be engaged in preparations to receive the
government bureau. The public interest
In the market as stated above is so small
that there. Is not much to arrange and all
depends on the doings of the controlling
long interests in New York. The trade
looks for an acreage reduction between 5
l and S per cent and an Improvement in
condition of about 3 points.
RANGE [N NEW ORLEANS FUTURES.
I | j P § fl
0 H j J»i o o.u
Jiiiie 1...' 7i 112.08- 112.1
Julv '13.07 12.1:112.04 12.04'12.03-04 i 12.10-11
Aug. (11.85:11.86)11.85111.86 11.81-83111.82-83
Sep. 11.71)11.75 11.69(11.74 11.69-71 1t.72-74
Oct II 6011165111.58i11.59 11.59-60'11.63-64
Nov 1 11.60-62(11.65-66
Dec. i 11.66111.68111.60111.62|11.62-63|11.66-67
Jan HI 71111.72'11.67! |11.67-68 11.70-71
Feb. I ! 111.70-74 11,73-75
Ma L 11-75! 11 "5 11 <5 11.75,11.75-76(11.79-81
Tlosed steady.
SPOT COTTON MARKET.
Atlanta, steady; middling 11%
,Nw York, steady: middling 11.65.
New Orleans, stead? : middling 12%.
Liverpool, steady; middling 6.63 d
Savannah, steady; middling 12c.
Augusta, quiet; middling 12%.
Mobile, steady; middling 11%.
Galveston, quiet; middling 12%.
Norfolk, steady; middling 11%.
Wilmington, steady; middling 11%.
Little Rock, quiet; middling 'l%.
Charleston, nominal; middling 11%.
I'biladelphia. quiet: middling 11.90.
Boston, quiet; middling 11.65.
Baltimore, nominal: middling 12c.
Memphis, steady; middling 12%
St. Louis, steady; middling 12%.
Houston, steady; middling 12 io-16.
Louisville, firm; middling 12c.
PORT RECEIPTS.
The following table shows receipts at
the ports today compared with the same
day last year:
I 1912, ' | 1911.
New Orleans . . . 794 I 167
Galveston 456 | 159
Mobile 35 I t
Savannah. . * . . . 516 104
Charleston 1
Wilmington .... 30 151
"N0rf01k.......( 156 i 20
New York . j 172
Boston 1 118 j 162
Various. ■ . . . ( .. ■ I 140
’rotal" ’2.106 I 1.016
4_
INTERIOR MOVEMENT.
I 1912. I ' 191 L ~
Houston I 97 74
Augusta 47 ...
Memphis .... 519 173
Si Louis. ... 180 16
Cincinnati 321 130
Little Hock .... .... 7
Total 1,164 400
COTTON MARKET OPINIONS.
■Miller .H Co.: We adilse purchases of
Decembers on all weak spots.
Hayden. Stone & Co.: \Ve can see lit
tle to be gained by an aggressive posi
tion on the market.
Logan & Bryan: After the government
report on July ", we will probably see
some decline in prices
Thompson, Tov le <t- Co.; Short sales
of the new crop months at present quo
tations don't look attractive when the
chances of injury during July and August
are considered.
NEWS AND GOSSIP]’
Os the Fleecy Staple
NEW YORK. June 22.—Carpenter. Bag
got & Co.: The New York Commercial
says: "Sentiment in cotton continues to
be of a general bearish character.”
The New York Journal of Commerce
says: "The short interest in cotton lias
been Increased with tendency toward a
more rapid expansion in the consumption
of cotton.”
Dallas. Texas, wires as follows: "Texas,
scattered clouds east, balance generally
clear and pleasant. Oklahoma, western
and northern, clear to part cloudy and
raining. Chandler, Hennessey, threaten
ing weather, balance generally clear and
cool."
Following is the statistical position of
cotton on Friday, June 21, as made up by
The New York Financial Chronicle;
This I Last | Last
I Week. ! Week, | Year.
Vis. supply 3,543,6951 3,752.118! 2,605,257
American . ' 2,476,695! 2,645,118 1,494.257
In sight, wk. 67,605 75,886 50.689
Since Sept. 1. !14,895,119(14,825,114(11,486.055
Port stocks . 383,433' 400,010! 217.416
Port receipts' 19,491' 19,167' 6,871
Exports ... 29,801 37,835 20.336
Int. receipts 16.975 19.203 18.891
Int. s'rnents 29,697 30.176 9.341
Int. stocks. J 1.64.619 177.343 J 44.714
Following is the Liverpool cotton state
ment for the, week ending Friday. June 21:
I 1912 ; ~mi I 1910
Week's sales' 66.000 15,0001 18.000
Os which Am.l 52,0001 10,000 15.000
For export .( 2,200: 400 700
For specula. 9.800 300 400
Forwarded .I 73,000 31,000 48,000
Total stocks I 1,106,000 748.000 527.000
Os which Am.' 983,000 610.000 437,000
Act. exports I 6,000' 4.000 4,000
W’ks receipts) 23,000 32.000, 51,000
Os which Am.l 15,000 25,000 46,000
Since Sept. 11 4.900,000 4.113,000 2,895.000
Os which Am.: 4,200.000 3.286,000 2,214,000
Stocks affoati 56,000, 73,000 95,000
Os which Ain.| 24,000: 23,000, 71.000
NEW ORLEANS, June 22. Hayward &
Clark: The weather map shows perfect
weather: cloudy in Oklahoma, Arkansas
anti Atlantic coast towns. Fair elsewhere.
Warmer everywhere; no rain except a
little shower In Oklahoma. Some rain in
northwest Arkansas and over Atlantic
coast towns, Jacksonville to Wilmington.
Indications are for continued fair and
warmer weather in central and eastern
states, also east Texas, but cloudy, prob
ably showers in northwest Texas and
Oklahoma. Warmer everywhere.
New York wires: “Texas selling on
telegrams that McCormick, Wall Street
and locals are selling. Buying power
scattered and small. Memphis just sold
5.000 October. Some liquidation of July,
otherwise very quiet. Traders bought
some fall months. Spot people buying
July at difference.”
Estimated receipts Monday:
1912 1911.
New Orleans 25 to 100 675
-• WEEKLY COTTON STATISTICS.
Secretary Orleans* cotton
exchange statement of the movement of
cotton shows a decrease in the movement
into sight compared with the seven days
last year in round numbers 2,000 bales, a
decrease under the same days year before
last of 14,000 bales and a decrease under
the same time in 1909 of 21,000 bales.
For the twenty-one days of June, the
totals show an increase over last year of
14,000, a decrease under the same period
year before last of 33,000 and a decrease
under the same time in 1909 of 76,000.
For the 299 days of the season that have
have elapsed the aggregate Is ahead of
the 299 days of last year 3,572,000. ahead
of the same days year before last 5,095,-
000, and ahead of 1909 by 1,910,000.
The amount brought into sight during
the past week has been 33.519 bales,
against 31,891 for the seven days ending
this date last year. 47,133 year before last
and 54,462 same time in 1909; and for
tlie twenty-one days of June it has been
115,683, against 191,573 same timeTAO
115,683, against 101,221 last year, 148,458
year before last and 191,573 same time in
1909.
The movement since September I shows
receipts at all United States ports 11,-
766,734, against 8,506,014 last year, 7,136,-
404 year before last and 9,798,361 same
time in 1909. Overland across the Mis
sissippi, Ohio and Potomac rivers to
Northern mills and Canada, 9J1.236,
against 917,327 last year, 779,456 year be
fore last and 1,482.857 same time in 1909;
interior stocks in excess of those held at
the close of the commercial year 88.079,
against 71.496 last year, 108,030 year be
fore last and 83,489 same time in 1909;
Southern mills takings 2,366,000. against
2,115,484 last year, 2.062,862 year before
last and 297,082 same time In 1909.
These make the total movement for the
235 days of the season from September 1
to date 15.182,049, against 16,610,-321 last
year, 1.0,086,752 year before last and 13,-
271,889 same time in 1909.
Foreign export* for the week have been
30,221, against 20,975 last year, making
the toal thus far for the season 10,192,028.
against 7,295,097 last year, an increase
of 2,896,931.
Northern mills takings and Canada
during the past seven days show an in
crease of 4.125 as compared with the cor
responding period last year, and their to
tal takings since September 1 have in
creased 2<8,862. The total takings of
American mills, North, South and Can
ada. thus far for the season have been
4.721,132, against 4.192,947 last year. These
include 2.316.859 by Northern spinners,
against 2,037.997.
Stocks at the seaboard and the 29 lead
ing Southern interior centers decreased
during the week 30,406 bales, against an
Increase during the corresponding period
last season of 26,304. and are now 177.515
lower than at this date in 1911.
Including stocks left over at ports and
interior towns from the last crop and the
number of bales brought into sight thus
I far from the new crop, the supply to date
15,469,023, against 16,858,283 for the same
period last year.
World’s Visible Supply.
Secretary Hester's statement of the
world’s visible supply of cotton made up
from special cable and telegraphic ad
vices compares the figures of this week
with last week, last year an«l tne vear
before. It shows a decrease for the week
just closed of 146,778, against a decrease
of 87,536 last year, and a decrease of 129,-
182 year before last.
The total visible is 3.594.804. against
3.741.582 last week. 2,591,357 last vear and
2.571.608 year before last, of this the to
tal of American cotton is 2,492.804. against
2.649.582 last week. 1,477.537 last year and
1.461.608 year before. last, and of all other
kinds, including Egypt, Brazil. India, etc.,
1,102,000, against 1,092,000 last week,
1.541.000 last year and 1,307,000 year be
fore last.
The total visible supply of cotton as
above shows a. decrease compared with
last week of 146.778, an increase compared
with last year of 1,003,447, an<l an increase
compared with year before last of 1.023.-
196.
Os the world’s visible supply of cotton
as above, there Is now afloat and held in
Great Britain and continental Europe
2,298,000. against 1,541,000 last vear and
1.307.000 year before last: in Egypt 102.000.
against 105.000 last year and 82,00 vear
before laat; in India 645.000, against 580,-
000 last year and 702,000 year before last,
and In tlie United States 550.000, against
365.000 last year and 482.000 year before
last
World's Spinners' Takings.
Secretary Hester gives the taking of
American cotton by spinners throughout
the world as follows, in round nunmers:
This week (b 1194.000 this vear, against
100.000 last year and 174,000 year before
last
September 1 this year <a)l3,
481.0Vu. agamst 10,915.000 last year and
10.097,000 the year before.
Os this. Northern spinners and Canada
took 2."17,000 bales this year, against
2.038.000 last year and 1,974.000 the year
before: Southern spinners 2.404.000.
against 2,155.000 last year, and j. 134.000
l the year before, and foreign spinners
(8.760.000. against 6,722,000 last year, and
5,989,000 the year before.
<a< Including net plus correction 3,000
bales, account plus 5.000 Wilmington and
minus 2.000 Selma
lb) Exclusive of 3.000 plus correction.
ARMY WORM RUINS CORN.
CAMILLA, GA.. June 22. The army
iwortn lias destroyed approximately 1,7,00
lucres of gro" Ing corn in Mitchell coun
ty in tlie last week. Corn growers arc
in a panic.
WEEK-END STOCK
WIMM
Reading Shows Decline of 1-2,
With Colorado Fuel and Iron
3-4 Up—Undertone Firm.
By CHARLES W. STORM.
NEW YORK, June 22.—Reading and
Texas company had the wildest move
ments at the opening of the stock market
today, both being off. Texas company,
which gained over 3 points before reac
tion yesterday upon manipulation of tlie
Gates crowd, opened'at 118, or % under
Friday’s closing. Reading opened at
167%. a loss of %.
The tone was steady and transactions
were small. In some of the active stocks
only one or two transactions were made
in the first fifteen minutes.
United States Steel common opened
unchanged, then lost %. Lehigh Valley
and Union Pacific were unchanged.
Amalgamated Copper was off %, while
Smelting had the same amount of gain.
The curb was quiet.
Americans and Canadian Pacific were
sluggish in London.
The stock market closed steady.
Government bonds unchanged. Other
bonds steady
Stock quotations:
I I (Last, j C'.os IPrst
STOCKS— lHighlLow.lSaie.l Bid.|Cl'«*
Amal. Copper. 87%' 87 ! 87 •( 87 87%
Am. Ice Sec... 27%' 27% 27% 26%: 37%
Am. Bug. Ref. 129%'129% 129% 129%(130
Am. Smelting 86 85% 85% 85%1 85%
Am. Locomo... 42%: 42% 42% 42%j 40%
Am. Car Fdy &9% ; 59%
Am. Cot. Oil .. 52% 52% 52% 52% 52%
Am. Woolen 28 28
Anaconda . ... 45 44% 45 44% 44%
Atchison ' 107% 107%
A. C. L (139% 138% 139 139 138%
Am. Can .... ( 37% 36% 37% 37 37%
do, pref. ... .... 117% 117%
Am. Beet Sug. 74%l 74 74% 74% 74%
Am. T. and T.146% 1 146% 146% 146 146
Am. Agricul..... 61 I 61.
Beth. Steel ( 36% 37
B. R. T 88%( 87% 87% 87%' 87%
B. and 0 108% 108% 108% 108% 108%
Can. Pacific .. 264% 264 % 264% 264%(265%
Corn Products 15% 15%' 15% 1.5%' 15%
C. and 0 78% 78%! 78% 78%( 78%
Consol. Gas ... 141 140% 141 140% 141
Cen. Leather ! .... 25% 25%
Colo. F. and I. 32 32 | 32 32 31%
Colo. South I .... 38 38%
D. and H ; . . . . 167% 167%
Den. and R. G .... 19% 19%
Distil. Secur... 33% 32%l 33% .",3% 32%
Erie 34% 34%' 34% 34% 34%
do. pref. .. 52% f>2%' 52% 52% 52%
Gen. Electric 173% 173% 172% 172 172%
Goldfield Cons, j 4% 4%
G. Western 17% 17%
G. North., pfd. 133% 134
G. North. Ore ! 42 42
Int. Harvester ' 120 120
111. Central 126% 126%
Interboro 121 20% 20% 20% 20%
do, pref. .. 59 587* 58’i .... 59
lowa Central .! i .... 11 I 10%
K. C. South. .J 25 I 25
K. and T. ... 27% 28
. do, pref. .. 60 160 %
L. Valley . . 174% 174% 174% 174 (174%
L. and N. . .1 !158%1158%
Mo. Pacific. . 37%| 37 37 I 36%| 37
N. V. Central! .... 1117% 117%.
Northwest. . ....! ... .. .. 135%'136
Nat. Lead I 58 I 58
N. and W. . . 111% (111% 111% 111% 111%
No. Pacific . J ....I .... .... 120%l!20%
O. and W. . J ...J ...J .... 34%| 34%
Penn ! 123% 1123% 123 % 123 %! 123 %
Pacific Mail. .1 ... .( .... 33 I 33%
P. Gas Co. . . 114% 114%!I14% 114 !H4
P. Steel Car .' . ...| .... .... 35% ( 35%
Reading . . . . |167% 167% '167% 1«7%1167%
Rock Island . 25 I 25 I 25 25% 25%
do. pfd.. . J .... .... .... 50% 50%
R. I. and Steel 24%1 24’4 24% 24 ’ 24
do. pfd.. . . 80 ! 79%( 80 79%< 79%
S. -Sheffield. . 54% 54%', 54% 54' '53
So. Pacific 110% 110%
So. Railway . 28%l 28%' 28% 28% 28%
do. pfd.. . . 74% 74% 74% 74 ' 73%
St. Paul . . . 104%(104%!104% 104% 104
Tenn. Copper 44%' 44%' 44% 44% 44%
Texas Pacific . ... I .... 23 23
Third Avenue .... 38%' ....
Union Pacific 169%!168’/ 5 '169% 169% 169%
U. S. Rubber.! 66% 66 66 66 I 66%
Utah Copper . 64%| 64 I 64% 64 j 64%
U. S. Steel . . 70 ! 69% I 69% 69% | 70
do. pfd.. . . 110% 110%|110% 110%!110%
V. Chetn ! ....( .... 48%( 48
West. Union .... 82 82%
Wabash .... 4 7 47*( 47* 4% 4%
do. pfd.. . . 14%! 14% 14% 15%l 14%
West. Elee. . . 73% 73% 73% 72% 73%
Wis. Central ! .... .... 52%l ...
W. Maryland.! ....I ...J .... 57%l 57%
NEW YORK BANK STATEMENT.
NEW YORK. June 22. —The weekly
statement of the New York Associated
Banks shows the following changes:
Average statement:
Excess cash reserve $29,249,750: increase
$1,458,850.
Loans decrease $5,749,000
Specie decrease $128,000
Legal tenders increase $1,171,000
Net deposits decrease ’445.000.
Circulation decrease $428,000.
Actual statement:
Ixians decrease $11,766,000.
Specie decrease $878,000.
Legal tenders decrease $97,000
Net deposits decrease $526,000
Reserve increase $32,800.
LOCAL STOCKS AND BONDS
Bld. Asked
Atlanta * West Point R R.. 14* us
American National Bank.... 215 220
Atlantic Coal & Ice common. 104 105
Atlantic Coal * Ice pref 9$ si
Atlanta Brewing & Ire C 0... 175
Atlanta National Bank 320 330
Central Bank & Trust Corp 150
Exposition Cotton Mills ’«» jgs
Fourth National Bank 260 265
Fulton National Bank.. .... 125 jjj
Ga Ry. * Klec - stamped.... lu 12s
Ga. Ry- & Pow. Co., common 27 30
do. Ist pfd 80 85
do. 2d pfd.... 46
Hillyer Trust Company 125
Lowry National Bank 248 250
Realty Trust Company log no
Sixth Ward Bank 99% )O i
Southern Ice common 71
Third National Bank. new.. 220 225 "
Trust Co. of Georgia 225 235
Travelers Bank * Trust Co.. 12» ijj
BONDS.
Atlanta Gas Light Ist 55.... 101% 105
Georgia State 4%5. 19>5 .... 101 iffj
Georgia Midland Ist 3s «n
Ga Ry. * Elec. Co. 5s 101
Ga. Ry. & Elec. ref. 5s 99 99%
Atlanta C,,..sol!dated 5s 102 U .
Atlanta City 3%5. 1931 91 ?2U
Atlanta City l%s, 1921 102 103 "
Southern Bell 5s »»-, «»%
M'CULLOUGH BROS.' WEEKLY
FRUIT AND PRODUCE LETTER
The Irish potato market is showing
some reaction with indications of decided
advances in the next few days.
Unions are plentiful and selling at lower
values.
Tomatoes are also In liberal supply,
with the market weak and showing a
downward tendency.
Beans arc cheap and being furnished
by local truckers. Same may be applied
to other vegetables of a sundry character.
Some reaction noticeable in cultivated
blackberries and dewberries.
Canteloupes of the best varoeties and
quality are plentiful, with prices low
enough to authorize a general and liberal
consumption. These goods of small size
and reaching the market soft and over
ripe. bringing but little if anything in ex
cess of transportation charges.
The values applying to peaches are
based on tlie kind of stock and character
of package Inferior■ goods in this line
are also hard sale at noqjlnal values.
Large fancy watermelons are active tn
the market at good values.
There is no change in the lemon mar
ket during the last few days. The sup
ply. or receipts, have been heavy. How
ever. the demand has been strong enough
to keep prices up.
Th demand fi>r oranges has been very
strong for three weeks past, with the sup
ply short of requirements.
Bananas are also scarce and high
The pineapple market Is well oieatted up
with good stock selling readily at ad
vanced prices.
The egg market remains unchanged,
both as to receipts and prices.
j THE WEATHER
Conditions.
WASHINGTON, June 22.—Fair weather
without material change; temperate to
night and Sunday east of tiie -Mississippi
river.
General Forecast.
Georgia—Fair tonight and Sunday.
Virginia—Fair tonight and Sunday; not
much change in temperature.
North Carolina and South Carolina
Fair tonight and Sunday.
Florida- Fair in northwest portion; 107
cal showers In the peninsular tonight or
Sunday.
Alabama and Mississippi—Fair tonight
and Sunday.
Louisiana Generally fa ir.
Arkansas, Oklahoma. East Texas and
West Texas—Generally fair.
NEW YORK COFFEE MARKET.
Coffee quotations:
I Open In g. ’ Closing"
January : i 4.05% 14.1.0111.08(11’ 14.10
February
■March 14.00(14.15% 14.16
April ;14.n@1-1.15 14.1.5%14.17
May. : (14.13 11.17% 14.18
June '13.73% 1:'.75
July 13.71 13.77%13.78
August (13.82% 13.90113.86% 13.88
September . . . .13.92 13.1'5% 13 99
October 113.95% 13.1'8 13.98'u l <OO
Noven 1 her ! 13.98 % 14.05114.03 %) 14.05
December. . . . . ,14.05 114,08% 14.09
Closed steady. Sales, 72,500 bags. "
CHICAGO CASH QUOTATIONS.
CHICAGO, June 22 —Wheat—No. 2 red
I. 1.08, No. 3 red 1.05® 1.07, No. 2 hard
winter 1.06%1.08. No. 3 hard winter 1.04
®1.06, No. 1 Northern spring 1.14®1.16.
No. 2 Northern spring 1.12®1.14, No. 3
spring 1.04% 1.11.
Corn—No. 2 73%@74, No. 2 white 77%%>
78. No. 3 yellow 75%®,75%. No. 3 72%@
73%, No. 3 white 76%% 77. Xu. 3 yellow’
74%, No. 4 69% 70, No. 4 white 72%®75,
No. 4 yellow 71%73.
Oats No. 2 white 54%. No. 3 white 52%.
No. 4 white 51%®52, standard 53%%54%.
LIVE STOCK MARKET.
CHICAGO. June 22.—Hogs—Receipts,
11. Market steady to 5c lower; mixed
and butchers. $7.25% 7.72; good heavy,
$7.60®7.95; rough heavy, $7.25®7.55; light.
$7.20%'7.60; pigs, $5.30@7.15; bulk. $7.45®
7.60.
Cattle —Receipts. 200. Market steady;
beeves, $6.40%:9.50; cows and heifers, $2.50
@8.25; Stockers and feeders. $5.25@6.80;
Texans, $6.75@8.40: calves. $7.25@7.80.
Sheep—Receipts. 2,000. Market steady;
native anti Western, $3.75@5.25: lambs,
$4.50%'7.65.
COTTON SEED OIL.
Cotton seed oil quotations:
(Open. | Close.
Spot.. I 6.70@6.85
June I 6.654<’6.87 6.70® 6.83
July ( 6.8041.6.82 6.81%;6.83
August ! 6.91@6.92 6.91@6.93
September 1 7.01 %7.03 7.02@7.04
October I 6.95%’6.96 I 6.95®6.96
November ' 6.45@6.50 I 6.49@6.51
December ! 6.46%6.47 ' 6.44% .645
January.. . .' 6.46%6.49 I 6.46@6.47
Closed weak. Sales 4,500 barrels.
PRIMARY MOVEMENT.
“WHEAT— i 1912? j isTf.
Receipts 282,000 I 375",000
Shipments | 222,000 I 486.000
CORN - | 1912. | 191'1?"
Receipts ( 761.000 ' 616,000
Shi pm ents | 846,000 I 641,000
LIVERPOOL GRAIN MARKET.
Wheat closed %d to Id lower
Corn closed %d to %d lower.
READ FOR PROFIT
GEORGIAN WANT ADS
USE FOR RESULTS
Our Worth to You
THE ATLANTA NATIONAL BANK
solicits the accounts of Banks, Cor
porations, Merchants and Individuals
solely upon its merits as a thoroughly re
liable depository where patrons are as
sured every courtesy consistent with
sound banking, and where .their ac
counts receive the prompt and careful at
tention they deserve.
The aim of this bank is to care for
tlie legitimate requirements- of its pa
trons; and, by exerting every effort to
live up to this aim, it has secured and
maintained the accounts of many of the
leading business concerns in this section.
We ask your consideration.
Atlanta National Bank
The Oldest National Bank
in the Cotton States
J
1V - /
DARBY. ADV—ATLANTA.
Louis B. Magid & Co.
Investment Bankers
1014-1034 Candler Buildin?, Manta Plionas lu 4458-4459
srSlr 'A-.'' Will lii>c You Prolection
MBgto and Convenience al
t- ow
'' ' 111 " i! '''
equip Vl'lll' <>l'|jr<‘ With
flli>< "p-to-date eqnip-
GOOKIN BANK A OFFICE EQUIPMENT CO.
PHONE IVY 456, 115 N. PRYOR ST.. ATLANTA
CEREALS HIGHER
ON BJD REPORTS
Wheat Unchanged to 7-8 c Up,
With Both Corn and Oats
Following.
ST. LOUIS CASH QUOTATIONS.
Wheat—No. 2 red 107%@1i)7%
Corn 75
Oats 51
CHICAGO, June 22.- -Wheat opened %
to %c lower, a reflection of the sharp
lesses abroad. Trade was liglit and the
trend uncertain early in the day. Corn
was fractionally lower on better weather
in the corn belt and somewhat larger of
ferings by the country with a tame de
mand on cash account.
Oats were off in sympathy with the
other grains, coupled with favorable crop
reports from almost the entire oats belt.
Brffvisions were low'er and slow in sym
pathy with a weak market for hogs.
There was a bulge, in July wheat and
other months late in the day with buy
ing by shorts and investors and advances
of % %T%c were made from bottom
prices.
Corn was up %@%c on covering by
shorts and oats showed gains of %@%c.
Provisions were without any marked
change.
CHICAGO GRAIN MARKET.
Grain quotations;
Prev.
Open High Low. Close. Close.
WHEAT -
July 1.05% 1.06% 1.04% 1.06% 1.05%
Sept. 1.03% 1.03% 1.02% 1.03% 1.03%
Dec. 1.04% 1.05 1.04% 1.04% 1.04%
CORN—
.JuIy 72 73% 71% 72% 72%
Sep. 71% 72% 71% 72 71%
Dee. '62% 63 62% 62% 62%
OATS -
Julv 48% 49 48% 49 48%
Sep. 40 40% 39% 10% 10
Dec. 10% 41% 40% 41 40%
PORK -
July 18.55. 18.67'1. 18.52% 18.67 G 18.62%
Sep. 18.95 19.05 " 18.82% 19.00 " 18.97%
i.ARD-
July 10.85 10.90 10.82% 10.90 10.90
Sep. 10.10 10.12% 11.02% 11.10 1.1.10
Oct. 11.12% 11.20 11.12% 11.17% 11.20
RIBS -
July 10.42% 10.17% 10.42% 10.47% 10.45
Sep. 10.60 10.67% 10.57%. 1.0.65 10.62%
Oct 10.55 10.55 10.52% 10.52%
CHICAGO CAR LOTS.
Following are receipts for Saturday and
eslimated r°ecipts for Monday:
! Saturday. I Monday.
Wheat I 21 14
Corn ' 281 275
Oats | 104 118
_'_'L ~ 11.000
American Telephone & Telegraph Go.
A Dividend of Two Dollars per share
will be paid on Monday, July 15. 191.2, to
stockholders of record at the close of bus
iness on Saturday. June 29, 1912.
WILLIAM R. DRIVER. Treasurer.
Atlanta Audit Co.
Public Auditors
and Systematizes
ATLANTA and TAMPA