Newspaper Page Text
FACT AND GOSSIP
IN MONEY HUTS
Financial and Industrial Lead
ers Are Eager to Go Ahead
With Business.
By B. C. FORBES.
NEW YORK. Jun* 25. Sentiment Is
booming more than business. With the
abatement of political warfare, activity
may catch up. For the present hesi
tancy prevails in most directions.
A spirit of impatience with restrictive
influences is growing. Financial and in
dustrial leaders are anxious to go ahead.
They have held themselves and their or
ganizations back long enough. Prepara
tions for progress and expansion have
been completed.
Everybody is waiting for some bod > to
give the word “Go/ - J. p. Morgan could
probably, by one sentence, start a busi
ness boom.
| The situation is largelx psychological.
Meanwhile, the stock exchange moves
indecisively, with, however, the trend in
favor of the optimistic operators. They
are men nf considerable caliber, but not
* vs the character that commands general
banking confidence. The public are still
staying out of Wall Street. Even invest
ors are not present in large numbers:
bonds, consequently, are neglected. The
prompt placing of certain important bonds
and short-term note issues by Influential
underwriters reflects a well-supplied mon
ey market rather than a keen demand for
Investments.
The distribution of $250,000,000 during
July in Ihe form of dividends on stocks
and interest on bonds should infuse some
' life into security market- It should be
added, however, that the dullness has
been due less to a lack of funds than to
absence of inclination •<» buy.
A tour of the banking district at the
dose of the week elicited that quite a
number of financiers had quiet!) slipped
off to Chicago. Neither their departure
from New York rot their arrival in Chi-
Real Estate For Sale. Real Estate For Sale.
SUBURBAN FARMS CHEAP.
100 ACRES 13 miles front I’nion depot; 40 acres in high state of cultivation:
four-room bouse and outbuildings: 10 acres good pasture. Unly $2,500. Easy
terms.
50 ACRES. 20 cultivated, but no buildings, only 12 miles out. Just s2o'per acre.
WE ALSO HAVE SOME MIGHTY GOOD EXCHANGE PROPOSITIONS.
GEORGIA HOME AND EARM COMPANY.
114 CANDLER BUILDING. PHONE IVY 5767
Crescent Avenue
BETWEEN tlif two I’eachtrees. and just a few feet from-Fourteenth
street. I have for sale a tlelightfnl two-story, nine-room house.
This home is located on a nice lot. is in an ideal location and the ap
pointments are superb. Price $7,000, with most liberal terms. It is
one of those places that affords me pleasure to show.
EMMETT HIGHT
REAL 1% STATE.
513-514-515 EMPIRE BLDG.
Just Beyond West End
AT WEST H.WEN SPRING I hare :’>•’> acres, 1.000 fert east front,
on chert road: lies well and will make a beautiful home, or
would be fine for subdividing. For furl her inofrmation see
J. N. LANDERS
()\V IHT.
812 Austell Building. Phone M. 3422.
$5.00 Cash
Buys a Lot in Sunset Park
CLOSE TO siho'd. church, car line, etc Only 1 1-2 miles from the
cent?' of the city: fifteen minutes ride. Lots $l5O to $750 each- $5.
$7.50 and $lO cash and balance monthly. Nearly all will have water,
seuer and sid* a a ks put in Al OI R EXPENSE.
THE BEST small investment you cun put your money in is a lot in
Sunset Park. ' V.me ami see uor call us up and let us show
you.
BELMONT LAND COMPANY
if <BAILEY. Siles Manage) .
i,iil-2 FOURTH NATL. BANK BLDG..
Bell Phom Main if,l4
HOME SEEKERS ‘
ARB Tot! Ir the markei for a home’ If so. ft will be to your Interest to conte’
with us at once LISTEN Do you own a lot anywhere in the city or sub
urbs pa'd for or half paid for? If so. I*t us build a house on it to suit your Ideas
and arrange terms like rent or easier Houses we build range second to none tn
point of workmanship, material and beauty Ask our customers Plans and
specifications will cost you nothing
GATE CITV HOME BUILDERS
REAL ESTATE AND BUILDERS
8(19 Third National Bank Building. Photic Ivy 3047.
FIRST PRESBYTERIAN
CHURCH PROPERTY
'I'HIS PROPERTY fronts 90 feet on Marietta street
bet ween Korsyth and Spring, and has a depth of
200 feet to a street or driveway opposite the S. A. L.
fl-eight depot. It is only 1.200 feet from l-'ive Points,
the eenter of the city, and on the best side of the
widest business street in Atlanta. It is within 400
feet of the city hall, and only'ooo feet from Marietta
street property whiHi recently sold at $4,000 a foot.
We offer this, subject to the appi-oval of the con
gregation. at $2,000 a toot. or SIBO,OOO.
S. W. ('ARSON.
JOHN J. WOODSIDE.
T. B. GAY,
Commit tep.
cago was chronicled in the press, this
being in accordance with their wishes.
Love for Roosevelt Bogus.
Wall Street’s loudly advertised love for
Theodore Roosevelt was nine-tenths bo
gus. The plain truth is that certain inter
ests not many fearing that the ex
president would sweep everything into his
net, deemed it politic to give assurances
of friendliness, yet at heart they regarded
him with no more favor than before. The
defeat of Mr. Roosevelt was. therefore,
cordiallx received by the majority of
financial people, though a few of the so
called common people feel that the elec
tion of this avowed champion of the
downtrodden would have acted as a safe
ty valve.
Big Business Chafing.
I’ntil the political pot ceases to boll so
sputteringly, until both sides have closed
their convention doors, it were futile to
expect a general forward movement by
th* strongest capitalistic groups: But
July may bring symptoms of the coming
revival. It is possible that nothing de
cisive will be attempted until after No
vember I. although this is not probable.
Business big business as, well as little
business is chafing to stride out without
further dilly-dallying.
Most conditions are ripening for genu
ine prosperity The crops are now doing
better, and. despite the lateness of the
season, the 1912 harvests may yet out
weigh those of any previous year. The
word “outweigh” is used intentionally,
for the reason that an abundance of
wheat, ’corn. oats. hay. cotton, etc., is
far more important than a new’ high rec
ord in value would be. What we need is
quantity, not prohibitive prices.
The farmer this season could afford to
sell his products at prices less burden
some upon the people at large than those
which have ruled for the two or three
years. The city dwellers have had a
harder time than their rural brethren, so
that a readjustment of conditions would
benefit the nation.
Bounteous crops would relieve many of
our economic ills. Ami at this moment
at least high hopes are permissible.
I. C. C. Makes Too Many Cuts.
Railroad earnings, while reflecting fair
ly heavy traffic, are not wholly satisfac
tory. Profits arc too slim to permit of
lhe expansion?, improvements and equip
ment purchases that extensive mops and
animated trade may call for several
months hence The interstate commerce
commission continues to cut rates here,
there ami everywhere, and the power of
the commerce court to interfere has been
emasculated by the supreme court.
THE A TIuAN 1 A GLUKGIAA AND NEWS. ’ll ESPAY. •)I.\ r, 2a, lm_.
COTTON SLUMPS
AFTER ADVANCE
Goes Up on Bad Weather Re
ports. But Drops Back With
Late Liquidation.
NBW YORK. June 25. —The cotton mar
ket opened this morning with a firm tone,
showing a net gain 5 to 9 points over the
closing of yesterday. The unfavorable
weather conditions over most of the
cotton belt, heavy rain fell throughout the
southwest, central and eastern states, this
set the local and uptown to buying.
Liverpool cables were much better than
expected, the strength In that market
reported to be-caused from the buying by
jobbers in early sales, and sentiments be
coming more bullish on fear of bad crop
reports.
During the late trading the general
public began to liquidate their holdings In
July, fearing the grade of cotton they
would have to take. This and the gov
ernment weekly report on weather very
much better than expected, caused prices
to take a backward step, with prices
around the opening. The heavy selling by
Norden is said to have been an impor
tant factor for the decline. The buying
power was moderate and scattered.
At the close lite market developed a
steady tone with prices 1 to 5 points over
the previous close.
Warehouse stocks in New York today
134,234. certificated 111.K87.
RANGE IN NEW YORK FUTURE*. _
I s I “ I ► S.
June I I ; I 11l 00 11.10-12
July 111.1.9111.25111.14111.19111.1.8-19111.14-15
Aug. 1 1.79’1 1.34’11.25 1 1.28 1 1.27-28 1 1.24-25 ,
Sept. 11.37 11.42 11.35 1.1.35 11.35-36,1130-32
Oct. •11.50111.57 11.45 11.49 11.49-50 11.45-46
Nov. 11.53-55 11.52-54
Dec. 11.65111.69 1 1.56 11.57 11.59-60 11.58-59
Jan. 11.62 II 64 11.51 11.54U1.54-55111.53-54
Feb It. 58-60 1.1.57-69
Meh. ;11.72 11.75:1 1.66'11.67 I 1.66-67111.65-67
May 11.80 1 1.82 1 1.74 11.74 11.73-75'11.72-74
Closed steady.
Liverpool cables . were due unchanged.
Opened steady at % to 2% points advance.
At 12:15 p. m. were steady, 3 points
higher on the balance. Spot cotton, fair
business doing at 4 points advance; mid
dling 6.64 d: sales 7.800 bales. Including
7 000 American, No imports. Later ca
bles % to 1 point higher than 12:15 p. m.
Browne. Drakeford & Co.. Liverpool, ca
ble us this morning:
"Market has advanced in consequence
of jobbers buying tn early sales: senti
ment becomnig more bullish on fears of
bad crop reports."
Estimated port receipts today 4.000.
against last week 3,974. last year 1,785,
and year before last 4.256.
At the close the market was steadv,
with prices 5 to 6% points over the pre
vious close.
RANGE IN LIVERPOOL ’FUTURES.
Futures opened firm.
ripening. Prav
Range 2 P. M. Cin«s. Close
.June , . . 6.42 H-6.44 6.47 6.40%
June-July 6.43 6.46 6.4014
Julv-Aug 6.4114-6.4214 6.43 6.45 6.40
Aug.-Sept 6.40 -6.41 14 6.43 6.44% 6.39'4
Sept.-Oct. 6.3314-6.35 6.38% 6.33
Oct.-Nov. 6.2714-6.2914 6.3014 6.32 6.27
Nov.-Dec. 6.26 -6.24'4 628 6.29 6.24
Dec.-Jan 6.25 -6.2514 6.26 6.28% 6.2314
Jan.-FeK 6.25 -6.26 6.27 6.28% 6.2314
Feb.-Meh. 6.25 -6.2514 6.29% 6.24
Meh.-Apr. 6.26 -6.2714 6.28% 6.30 6.25
Apr.-May 6.2814 6.30'4 6.25'4
Closed steady.
HAYWARD 4 CLARK’S
DAILY COTTON LETTER
NEW ORLEANS. June 25. -The ad
vance was due to the unfavorable Journal
of Commerce report on Georgia, saying
crop progress not encouraging. Too much
rain, small stands, cool nights, plan'
weak. The report on Alabama Is good,
but savs raip is needed. As so many bad
reports from the Atlantics are in circu
lation. the following from Charlotte. N.
will be of Interest: “Deevlopments
during the past week have been highly
favorable for the growing crop. Excellent
progress has been made in farm work.
Fields are clean and well worked. Land
is in almost perfect condition. Plant vig
orous and healthy and growing nicely."
New York reported selling by some
prominent longs on the rally which
cheeked the advance, together with good
prospects for fair and warm weather
in the eastern states in two days.
RANGE IN NEW ORLEANS FUTURES.
C I x ! L I - n > ?
£ | -*? 5 |3« ~
2i’ I “
Tub 12.20 1'2.23 12.12 12.12 I 2.11-12 12.12-13
Aug. HI. 95112.00|11.91:11.93'11.89-91 11.85-87
Sept. il 1.77111.77'11.77:11.77! 11.73-75111.74-75
Oct 11.70 I 1.74 11.63 11.64111.63-64 11.63-64
Nov 11.64-66 1 1.64-66
Dec 11.75 11.77111.75 11.66 11.66-67 11.67-68
Jan. 11.78'11.81 11.72 11.73 IL7I-72 11.72-73 |
Feb ' 1 1.73-75 1 1.74-76
Meh'. 11.86 1 1.86 11.86 11.86’11.79-81 11.80-81
Closed steady.
SPOT COTTON MARKET.
Atlanta, steady: middling 11
New York, steady: middling 11.60.
New Orleans, steady: middling 12%
Liverpool, easier: middling 6.64 d.
Savannah, quiet; middling 12e.
Augusta, quiet; middling 12'4.
Mobile, steady: middling 11',4
Galveston, steady; middling 12%
Norfolk, steady: middling 12c.
Wilmington, nominal: middling 1.1%.
Little Rock, qu’et: middling 11%.
Charleston, nominal; middling 11'4.
Philadelphia, quiet: middling 11.85.
Boston, quiet: middling 11.60.
Baltimore, nominal; middling 12c.
Memphis, steady; middling 12%.
St. Louis, quiet: middling 12%.
Houston, steady; middling 11 15-16
Louisville, firm: middling 12c.
COTTON MARKET OPINIONS.
Thompson. Towle & Co.: There is no
present reason why the market should
advance.
Harden. Stone * Co.: There is still no
courage to go short of the market.-
J. S. Bach* & Co.: We favor the pur
chase oi the distant positions on an.'
sharp reaction.
Miller & Co : The weather situation
ctntlnues healthy with prospects for gen
eralfy favorable conditions for the coming
48 hours.
Logan & Bryan: If the crop situation
progresses favorably must finally haio its
effect in lower prices.
PORT RECEIPTS.
The following table shows receipts at
the ports today compared with tbe same
day last year:
| J 912 1911.
i New Orleans. . . . 1.630 455
I Galveston 1,055 554
Mobile .92 .4
Savannah 1 720 672
Charleston 1 15
Wilmington. ... 8 : 96
Norfolk. ..... 151 3
Boston . . . . . 108 • .
Total ' 3,774 1.785 ’
NEW YORK COFFEE MARKET.
Coffee quotations:
I Opening | Closing.
January 14.00 14.12® 14 14
February T 4.00 14.05® 14.08
March T 4.08 14.16®14.17
April 14 10® 14.15 14.17® 14.19
Mar 14.10 !4.19®14.20
July 13.65 13.74® 13.75
August 13.700 13.80 13.84® 13.86
September . . . 13.84 13 94® 13.95
October 1 3.9f>® 13.95 1 3.99 ®. 14.01
November. 13.95® 14.00 13.03® 14 05
fieretnlw. . 98® 11 01 14.09®: I<to j
Closed steady Sales 51 500 bags
r NEWS AND GOSSIP]
Os the Fleecy Staple
NEW YORK, June 25 - The New York
Journal of Commerce says: Reports from
Georgia are not very encouraging. There
are almost universal complaints of ton
much rain, too cool nights, small stands
and grassy condition. The crop is 20 to
30 days late. A few correspondents re
port stand as “good,” but the large ma
jority say weak. In some districts cater
pilars are reported as doing considerable
damage, but such complaints are not fre
quent. In other districts weather condi
tions have been more satisfactory during
the last few days. Labor appears to be
scarce in some sections.
Conditions in Alabama appear quite sat
isfactory, but reports are somewhat con
flicting. those recording improved and
good condition are largely In the majority.
There are many complaints of the plant
being small, but the reports of good stands
are more numerous than those of poor
stands. <’hopping is about finished. There
is much need of rain in some sections and
In other sections the weather has been
too cool. In this state the crop appears
to be ten days to two weeks late. Com
plaints of caterpillars and army worms
are quite frequent. There are also some
reports of black root.
Yazoo City, Greenville. Miss.. part
cloudy and cool: Greenwood, sprinkling;
Vicksburg, clear and pleasant.
Springs and Waters best sellers. Buy
ing scattered; trading very light.
Riordan. Geer. Hubbard and Lee were
good sellers on the advance.
Dallas wires: “Texas clear to part
cloudy: no rain; cool Oklahoma general
ly fair and cool.”
The ring crowd were good buyers on
rains In the eastern belt.
Following are 11 a. m. bids: July,
11.20: October. 11.56: December, 11.65;
January. 11.61
NEW YORK. June 25. Hayward &
(’lark: The map shows fair in western
half of belt: warmer and cloudy in past
ern half; no rain in western states, ex
cept at southern point of Texas. General
showers in central and eastern states with
some heavy rains at Atlanta. Macon and
Wilmington districts. Indications are for
clearing and warmer weather in central
states, more showers in Atlantics. fair in
western half of belt and warmer generally.
Galveston news makes Texas acreage
•decrease 5.8: Oklahoma decrease. 15.9:
conditpn Texas. 2.2, and Oklahoma. 6.4
lower than last year.
The New Orleans Times-Democrat says-
If there are to be any fireworks in con
nection with the July position they will
probably begin tomorrow. Meanwhile,
shorts are looking for cotton, calculating
New- York-New Orleans parities and as
serting that the tenderable grades below
middling are worth more money than
called for by the New Orleans quotations.
On the other hand, July longs speak con
fidently of the outcome, says a natural
corner exists, and express that belated
shorts will bleed through the nose. They
also promise some new a unique
situation The uncommitted talent can
do nothing other than look on and await
developments.
Estimated receipts Wednesday:
1912. 1911.
New Orleans 1.400 to 1,600 1,718
[ THE WEATHER ~~
CONDITIONS.
WASHINGTON, June 25.—The weather
that will prevail over the state for the
next thirty-six hours will be as unset
tled as throughout the South, with very
litle changes in temperature. The At
lantic anti Gulf coast partly cloudy, with
light showers.
GENERAL FORECAST.
Following is the forecast until 7 p. m.
Wednesday:
Georgia - Probably showers tonight and
Wednesday.
North Carolina. South Carolina and Vir
i ginia.—Probably showers tonight and
Wednesday-
Florida and Alabama Local rains to
night or Wednesday.
Mississippi—Generally fair tonight and
Wednesday.
Illinois—Generally fair; unsettled in the
north portion; warmer.
Indiana —Fair except showers tn the ex
treme south: cooler in the north.
Missouri. Kansas. Michigan. lowa and
■Ne braska—Fair.
Wisconsin -Increasing cloudiness, with
probably showers.
Minnesota Unsettled and cooler.
DAILY WEATHER REPORT.
Lowest temperature 61
Highest temperature 78
Mean temperature 70
Normal temperature 77
Rainfall in past 24 hours, inches 3.93
Excess since Ist of month, inches... 7.66
Excess since January I, inches 16.93
REPORTS FROM VARIOUS STATIONS.
] Tern perature|R’fall
Stations — 1 Weath. I 7 * Max. | 24
l_ la. m. y’day.lhours.
Augdsta ’Cloudy 70 j .08”
Atlanta Cloudy 64 78 3.92
Atlantic City. Cloudy 72 72 ...
Anniston ....‘Cloudy 66 go .74
Boston Pt. cldy. * 76 J 90 ....
Buffalo Cloudy 70 1 76 ....
Charleston ...Cloudy 72 78 .78
Chicago Clear 72 82 ....
Denver Clear 58 84 ....
Des Moines... Clear 66 I 82 ....
Duluth Clear 70 86 ...
Eastport Clear 76 90 ....
Galveston ....'Clear 62 92 ....
Helena Clear 62 92 ....
Houston Clear 68 ....
Huron Clear 60 90
Jacksonville . Cloudy 78 R 8 .01
Kansas city.. Clear 68 82 . .
Knoxville . Cloudy 64 74 .44
Louisville Raining 66 78 . .
Macon Cloudy ' 68 86 1.98
Memphis .... Cloudy 66 70 .04
Meridian Cloudy 64 .02
Mobile Clear 70 84 . . . .
Miami Cloudy 82 86 ....
Montgomery .Cloudy 68 86 ....
Moorhead .... Pi. <ldy. uO 90 ....
New- Orleans Cloudy 68 84 ....
Nev. York ..Cloudy 70 84 ....
North Platte/Clear 60 86 ....
Oklahoma Clear 66 78 ....
Palestine ../Clear 68 78 ....
Pittsburg .. . Cloudy 70 78 ....
P’tland. Oreg. Pt cldy. 62 78 ....
San Francisco < ’loudx 58 66 ...
St Louis Pt. cldy 68 80 1 ...
St’. Paul Clear 66 «6 .
S Lake t’ity. Clear 60 88 .10
Savannah .. Cloudy ' 74 .34
\\ ashington < JoudJ 7J J 4
C. K VON HERRMANN. Section Director.
GOVERNMENT WEEKLY
REPORT ON WEATHER
\V ASH IN'GTuN. June 25. No precipi
tation occurred in southern Louisiana,
and onl? light to moderate showers oc
curred at a few widely scattered stations
In Alabama. Georgia ami South Carolina.
Moderate rains fell in southeastern Texas,
northern and central Louisiana and North
Carolina. Over other portions of the cot
ton belt rains were generally heavy t<
excessive The greatest weekly amount.
4.90 Inches was recorded at Weatherford,
Texas. Mean temperatures were below
normal the cotton belt, except there
was an excess ranging from 2 to 3 de
grees in the coast portions »»fi the Atlan
tic* states. The deficiency ranged from 1
degree over South Carolina to It degrppj'
lover Oklahoma. The lowest w’eekly mean
' temperature. 66 degrees, was reported
from Oklahoma <’lty and the highest, B’J
degrees, occurred at some stations on the
Atlantic coast.
COTTON SEED OIL.
NEW YORK. June 25. Carpenter. Hag
g(,i c’o. Local and western liquida
tion <>f July holdings in anticipation of de
liveries caused an easier feeling in cotton
seed oil at opening, and later the market
declined 2 to 6 points under quite general
selling throughout the list. Continued
dullness in sput market and absence of
export tlernand was discouraging to longs
i orHthing ■
Spot 1 6.60f&6.78
June
July 6. W/6.74
August ..... 6.84^/6.86 6.84(a6.85
September .... 6.905 i 7.00 6
October ...
November 6
I De» ember
| Jamiar? • 6.37 6.376.39
Closed heavy . safes 18.500 barrels.
mi w issues
10SEFWIDNS
Leading Transportation Stocks
Decline Slightly on Irregular
Trend of Market.
By CHARLES W. STORM.
NEW YORK. June 25.- There was an
absence of speculative interest at the
opening of the strike meet and business
even usually actjve shares as narrow,
fluctuations being confined to fractions.
The initial sales were generally at con
cessions of from ’ 4 to ‘s from yester
day’s close, but the tone was steady
Most of the small losses were recovered
after fifteen minutes' trading
The copper stocks showed the greatest
declines. Amalgamated losing •% and
American Smelting I’nited States
Steel common was off t*. wdille the pre
ferred was un l ' R . Erie common and Bal
timore and Ohio were unchanged. Read
ing lost 2’ 4 . I’nion Pacific dtopped % and
Canadian Pacific was up ’>* The curb
was dull.
Americans in London were heavx.
In the late forenoon, there was little de
mand for stocks when a selling movement
started and prices of nearly all the lead
ing issues yielded sharply under offerings
by some of the important room traders.
Most of this selling was directed against
Reading, which declined a point from yes
terday s close. The Wabash issues were
irregular.
There was little change in speculative
conditions In the late afternoon Business
was dull and fluctuations were small
About the only feature was the continued
demand for Norfolk and Western, which
forced it up to against 112*4. the
close yesterday. The buying was accom
panied by rumors of increase of dividend
payments. Houses that have been a<|ive
m the stock for some time said they ex
pected that, the rate will be increased to
1 per cent at the next meeting of the!
directors.
Stock quota Hons:
’ I ?Last 1 Chs |Pre<
STOCKS— |H Igh I Low ISa 1 e d . ICI sa
Amal. Copper. 85 3 4 85’ 4 80V2 85Lv 85" H
Anial. Copper. 261/ 26V 4 26’4' 26’4 2’6’4
Am. Sug. Ref. 129’4 128% 129*4 129 129%
Am. Smelting 84% 84 84% 84% 84%
Am. .Locomo,.. 42 41% 41% 41% 42
Am. <’ar Fdy. 59 58% 58% 58% 58%
Am. Cot. 0i1... 52% 52% 52%l 51% 52%
Am. Woolen 28 28
Anaconda ... 43% 43% 43% 43%. 44%
Atchison ...«. 106% 106% !06%'106% 106%
A. C. L 139% J3B’'4'l3B> 4 138% 138%’
Am. Can ... 36 34%i 35%J 35% 36
do. prof. ..117 116% 117
Am. Beet Sug. 73% 72% 73 73% 73%
Am. ’l’, and T. 145% 145% 145% . . . . 143%
Am. Agricul ... 59 ' 59%
Beth. Steel ... 36 36 36 36 36
B. R. T. . . . 88 871, 87” s 87% 87%
B. and <» 108', 108', 108', 108% 108',
Can. Pacific . 263% 263 263% 264' a 262%
Corn Products .... 15 15%
C. and O | 78 ; 77% 78 77% 78',
Consol. Gas ..| .../ 140% 141
Cen. Leather 25% 25% 25%! 24%i 25%
Colo. F. and 1/ 31%) 31% 31% 31 I 31%
Colo. South. / ...38 38
D. and H I ... .f ... J .... 167%: 167%
Den. and R. G.' 19 18% 18% 19% 19%
Distil. Secur. .’33 32%' 33 32% 33%
Erie 34%' 33%: 341, 34 34%
do. pref. .. 52 52 52 52 I 51%
Gen. Electric !171%;171 :171%.171 %;172
Goldfield ConsJ 4', 4%: 4%J 4%: 4%
G. Western ..! 17 : 17 I 17 ■ 17 'l7
G. North., pfd.;133% 133 133 133' h l33'- 2
G. North. Ore.: 41%: 41%; 11%' 41 41
xl. Harvester . 117% ’ 117% 117', 117% 120
111. Central ... ...J ...,j . ... !136%:126%
Interboro 20%; 19% JO 20’., 20%
do. pref. ..’ 58%' 5?%! 57%: 58% 58%
lowa Central I ...J ....: 9 I 9%
K. C. South.-J 25 . 25 25 24% 24%
K. and T. .. .. 1 .2 <% ■ .: <% : 21 %. 28 21
do. pref ...J ....] ....| 60% 60%
L. Valley . .. 174% 174% 174% 174% 173%
L. and N. . . . 158 157%.157% 157% 158%
Mo. Pacific . . 36% 36%' 36% 36% 37
N. Y. Central 117', 116% 117 117', 117%
Northwest. . .136 136 IUK 13S 136
Nat. Lead . . .' 57%: 57%1 57%j 57%: 5<%
N. and W.. . . 113“. 112% ! 113% 113% 112
No.-Pacific . .120 119% 119% 119 %11 y%
O. and W. . . 34%: 34%; 34%: 34%: 34%
Penn 12 3 % 1123 •% ■ 123 % 123 •% 123 %
Pacific Mail . 32%: 32%i 32%: 32%: 33
P Gas Cn . . 113% 113% 113% 11:;% 11::%.
P. Steel Car J . ...; ....: . ...| 35% I 35%
Reading . . . 166% 165%: 166% 165%!165%
Rock Island . 24%l 24% 24', 24%; 24%
do. pfd 50%' 50%
R. I. and Steel' 24%! 24% 24% 24%! 24
do. pfd.. . .1 79%: 79%j 79% 79% 79%
S. -Sheffield. . 54%; 51 54% 54% 54
So. Pacific . ~109% 10H% 109% 109% 110
So. Railway . 27% 27% 27% 27% 27%
do. pfd . . . ...: ... .1 73% 73%
St. Paul. . . . 104%:|03%:104%'104 104
Tenn. Copper : 43%; 42%! 43%; 43% 42%
Texas Pacific . j .... 23 23
Third Avenue !........ 5 ....: 38 ; ....
I’nion Pacific 168% 167% 168% 168% 168",
f. S. Rubber 65%j 65%; 65%: 65% 65
I'tab Coyper . 63 63 63 63% 63%
I' S. Steel. 69', 68% '69% «»%! 68%
do. pfd.. . . 110% 110% HQ%110% 110%
V -C. Chem .1 48%i 48%| 48% 48% 48%
West, t'nion . I ....; .... 81% 81%
Wabash . . .I 4% 4 4 4-% 4%
do. pfd.. . .I 14%i 13% 13% 13% 14%
West. Elec.. .I 72’4! 72 72 72 I 72%
Wis. Central ' 52%
W. Maryland 57 'y 57%
Total sales, 221,000 shares. Ex-divi
dend. 1 % per cent.
MINING STOCKS.
BOSTON. June 26—Opening Butte
and Superior. 48; Superior Copper. 47;
Isle Royale, 34%; Shannon, 15; Lake Cop
per. 39.
local stocks and bonds
Blfl. Ask*fi
Allan’* * WMt Point R Tt.. 14«
American National Rank.. 215 220
■Mlantic Coal A- Re common. 104 io.'
Atlantic L'osl * Ice pref... ss
Atlanta Brewing X- Ire C 0... 175
Atlanta National Bank 320 330
Centra' Bank A Trust Corp | sn
l-Apostilon Cotton Mills iss
Fourth National Rank 260 265
Fulton National Bank .'25 130
Ga Ry. & Elec, stamped.... 124 126
Ga Ry & Pow. Co., common 27 xn
do. Ist pfd 80 85
do. 2d pfd 46 471..
Hfllyer Trust Company... . 125
Lowry National Bank 248 ’SO
Realty Trust Company 1 f>« un
Sixth’ Ward Bank p,;
Southern Ice common 71 72%
■rtiird National Bank, new 220 225
Trust Co of Georgia 225 235
Travelers Bank X, Trust Co. 125 126
BONDS
Atlanta Gas Light Ist 55.. . 101 <4 105
Georgia stare 4%5. 1«1 5 .... 1a 1 in t
Georgia Midland Ist 3s sa st
Ga Rv X- Elec Co 5s Mt
Ga Ry. * Elec ref ss. ... 93 99%
Atlanta C solldated 5s 102%
Atlanta ’Cltv 3Us. 193‘ 91 »2%
Atlanta City 4%5, 1921 102 103
Southern Bell Ks ■»
LIVE STOCK MARKET.
t'Hlt'tG*'. .lime 25. Hogs Receipts,
16.000. Market 5e Inwet' mixed ami
butchers. 17 25® 770 god heavy. $7.60'0
7.62; rough heavv. .$7.20®7.55: light. *7.20
<147.60: pigs. $5.30® 7 l.’>: bulk. 57 50® 7.65.
Cattle Receipts 1.000 Marl.et steady,
beeves $6.25® 9.60: cows and beif’-r;- >’.’ 50
'08.26: stoekers and feeders. -; »o
Texans. $6.75® 8.40: reives t 17.2541 8.2 <
Sheep Receipts. 18.000 Market wink
native and Western. $3 60®5.00. himln
I $4.10® 7.85.
CHICAGO CASH QUOTATIONS.
CHICAGO, -lone 25. Wheat No. 2 red
1.07'. ? ® 1.09%. No. 3 red 1.05% ®: 1.07', 2 . No.
2 bhrd winter 1.06’%® ! 08, No. 3 hard
••vfnter 1.04%®1.07. No. 1 Northern spring
I 1.14® 117. No. J Northern spring 1 12®
|1.15. No. 3 spring 1.12®1.14,
I t’nrn No. 2 white 75%®77%. No. 3 yel
low 75%. No. 3 72'-®73%. No. 3 white
7t'-%. No yellow 71’... No. 4 t>l‘'q7o. ,\'o.
I white 7:.%®7.i. No 1 yellnw 71®71'.
<>a*s No 2 wldir ®sx i... ::
Wl' e .VJ' J ®63 % . I White’ 51®5-'%,
s'andard j3®.'i4.
y.
ATLANTA MARKETS'
EGGS Fresh country candied, 18Cq 19.-
BI TTER Jersey and creamery, in 1-lb.
blocks, 20^22’ 2 c: fresh country dull.
lL’’ 2 e pound.
DRESSED POL’LTRY Drawn. head
and feet on, per pound: Hens UH/'lTc. i
fries 25fr27c. roosters Sf/lOc, turkeys.:
••wing to fatness, IStft'JOc.
LIVE PCH LTRY Hens 4(Ki4sc. roost
ers 25(?»35c, fries
puddle ducks 25'h30r. Pekin ducks 40»?t
45c. geese 50(h £oc each, turkeys, owing
to fatness. '4<ulsc.
FRUITS AND PRODUCE.
FRUIT AND VEGETABLES Lemons,
fancy. per hox. Florida oranges.
$3(^3.50 per box. Bananas. per
pound. Cirapefruit. ss'uC> per crate. Cab
bage. 1/f/l’ 4 e per pound. Florida cab
bage. *'2(a 2.50 per crate. Peanuts, per
pound, fancy Virginia. ti’-'h-Tc. choice S’L
Beans, round green. *15125 per
crate. Florida celery. $2/C2.50 per crate.
Squash, yellow', per . lx-basket crates.
Lettuce, fancy.
choice $1.25((/1.50 per- '’ra!<\ Beets. s3®'
3.50 per barrel Cucumbers, $L25®1.50
per crate. English peas, per drum, $1(3)
1.25. New Irish potatoes, per barrel. $2.75
<03.00. Strawberries. T'rrlOc per quart.
Egg plants. $2(&2.50 per rrato Pepper.
sl.7sCd 2 per crate. Tomatoes, fancy, six
basket crates. $2(32.50: choice tomatoes.
51.751& 2 Pineapples. $2@2.25 per crate.
Onions, sl.2s'h-1.:»0 per bushel Sweet pota
toes. pumpkin yam. $1(^1.25 p*r bushels.
Watermelons. per hundred. <’an
teloupes, per crate.
PROVISION MARKET.
(Corrected by White Provision Company.)
Cornfield hams, 10 to 12 pounds average,
16 l -2C.
Cornfleli hams, 12 to 14 pounds average,
Cornfield skinned hams, 16 to 18 pounds
average, 17%c.
Cornfield picnic hams. 6 to S pounds
average, 12’6c.
Cornfield breakfast bacon, 23c.
Grocer style, bacon (wide or narrow),
17’.(.c.
Cornfield fresh pork sausage (link or
bulk) 25-pound buckets, lie.
Cornfield frankfurters, 10-pound buck- .
ets. axerage 10c.
Cornfield bologna sausage. 25-pound
boxes. 9c
Cornfield luncheon hams, 25-pound
boxes, lie.
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). 1214 C.
Country style pure lard, 50-pound tins
only. lll£c.
Compound lard (tierce basis), 10c.
1». S. extra ribs, 11 ! 4 c.
D S. rib bellies, medium average. 12c.
D S. rib bellies, light average, 1214 c.
FLOUR AND GRAIN.
FLOUR «’os«eH’s Elegant. $7.75; Gloria
(self-rising. $6.50: Victory (finest patent),
$6.50: Faultless, finest. $6.25; Swansdown
(highest patent), $6.25; Home Queen
(highest patent! $6: Puritan (highest pat
ent! $6; Sun Rise (half patent) $5.50;
Tulip flour, $4.50; White Cloud (highest
patent 1 $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, $5.5Q; Sun Beam, $5.50; Ocean
Spray (patent), $5.50.
CORN Tennessee white, red cob, $1.12;
cracked, $1.05; choice yellow', $1.05; mixed,
$1.04.
MEAL Plain 114-pound sacks. 99c;
96-pound sacks. $1.00; 4k-pound sacks,
$1.02; 24-pound sacks, $1.04, 12-pound
sacks. $1.06.
OATS Fancy white (dipped, 70c; fancy
white. 69c; mixed. 68c.
COTTON SEED MEAL Harper. S2B.
COTTON SEED HELLS Square sacks,
$9.50 per ton.
SEEDS (Sacked); German millet. $1.65;
amber cane seed. $1.55. cane seed, orange,
$1.50; Wheat blue stem.
$1.40; red top cane seed, $1.35; rye (Geor
gia) $1.35. Applet oats. 85c; red rust proof
oats. 72c; Burt oats 75c; Texas rust proof
oats, 70c. winter grazing. 70c; Oklahoma
rust proof, 50c; bl tie seed oats, 50c.
HAY Per hundredweight; Timothy,
choice large bales, $1.75; Timothy, choice
third bales. $1.60; Timothy No. 1, small
bales. $1.75; new alfalfa, choice, $1.65;
Tirnothv No 2. $1.70; Timothy No. 1 clo
ver, mixed. $1.65: clover hay. $1.50; alfal
fa hav. green, $1.25; alfalfa No. j, $1 70;
alfalfa No. 2. $1.25; peavine hay. $1.20;
shuck*. 70c, wheat straw, 80c; Bermuda
hay. SI.OO.
VISIBLE SUPPLY CHANGES.
Following shows the weekly visible sup
ply changes in grain for the w'eek.
Wheat, decreased 1,618,000 bushels.
Corn, increased 619.000 bushels.
oats, decreased 254.000 bushels
fl WILL GIVE YOU
j PROTECTION
and
H CONVENIENCE
AT LOW COST
Lrt ns show yon what
" will mPan ,r< you t 0
equip with
■■KI this up-to-date equip
-1)11'1)1.
GOOKIN BANK & OFFICE EQUIPMENT CO.
PHONE IVY 456. 115 N. PRYOR ST., ATLANTA.
F/ •'
Know Your Bank
i
' I ■u »■ IW' ! IM w q-u I"■ ■■ I—---"
EVERY MW WHO SEEKS a De
pository for his funds owes it to
himself to learn all he can of the bank’s
responsibility.
The Management of the ATLANTA
NATIONAL BANK cordially invites yon
to in\estigate the ability and willingness
of this bank to satisfactorily meet YOUR
banking needs. The more,searching the
investigation, the more pleased you will
be with the policy ami methods of this
old, established institution.
Atlanta National Bank
C. E. CURRIER. JAS. S. FLOYD, J. S KENNEDY.
President. ■ Vice President, Asst. Cashier.
F E BLOCK. GEO. R. DONOVAN, J. O. LEITNER,
Vice President. Cashier. Asst. Cashier.
| I J
1 is’X'PBY ADV - Ar. ANTA .
WEATHER CAUSES ’
CEREALS ID RISE
Wheat Goes Up 1-2 cto 7-Bc, ;■
With Corn and Oats Higher
•• *
in Sympathy, j
ST. LOUIS CASH QUOTATIONS.
Wheat No. 2 red 108 47
Corn 76
oats 49 1 /2
- R
CHICAGO, Jun* 25. Advances wer.
shown of io lo 1 %<• for wheat early to
day on lhe high temperature scare it
western Canada. The thermometer regis
tered 98 at Winnipeg yesterday and 90 this
morning. The trade feared scorching
weather in qtir own Northwest.
Corn was up %e to %c in sympathy f
with wheat. Weather conditions in the
corn belt were more favorable, however.
Oats were to %c higher on c iverlng -v
by shorts gnd small offerings The weath- . 3
er in the belt was excellent.
Provisions were irregular at the. start. s
There was a sharp dip in pork and ribs,
wiille lard was firmer.
Wheat was higher today on hot and
dry weather. There was considerable sell- F
Ing on the bulge.
t'orn also displayed a strong tone.
Oats were irregular and fluctuated vio
lently. :'l<
Provisions were dull and featureless.
CHICAGO GRAIN MARKBT,
Grain quotations:
Pre*.
Open. High. Low. Close. Close. ;
I WHEAT •
July 1.07% 1.07% 1.06% 1.07%, 1.06%
Sept 1.04% 1.05% 1.04’x 1.04% 1.03%
Dee. 1.05% 1 06 1.05% 1.05% 1.04%
CORN—
July 73 73% 72% 73% 72% Tg
Sept. 72% 72% 71% 72 72
Dec. 63 63% 62% 63 62%
OATS - ,
July 49% 49% 49% 48% 49
Sept. 40% 40% 40 40% 40%
Dec. 41% 41% 41 41 41
PORK -
Jlv 18.05 18 65 18.47% 18.57% 18.67%
Spt 18.90 18.95 18.82% 18.90 19.00
Ocb 18.80 18.80 18.75 18.76
LARD-
Jlv 10.82% 10.85 10.82% 10.82% 10.90
Snt 11.07% 11.07% 11.00 11.02% 11.10
Oct 11-00 11.15 11.00 11.10 11.17%
RIBS "'’f
Jlv 10.40 10.42% 10.40 10.42% 10.47% „
Spt 10.60 10.65 10.60 10.60 10.65 . ,
. Oct 10.60 10.60 10.65 10.55 10.63%
<.
PRIMARY MOVEMENT.
WHEAT— I 19H ~ I 9911
Receirds - 7 ' 624.000 ] 948.000
j Shipments I 430.000 426.000
CORN— I - I
I 1,370,000 1.837,000
Shipments . . ■ . ■ ■! 1,131,000 I 888.000
— ,
CHICAGO CAR LOTS.
I Following are receipts for Tuesday and
estimated receipts for Wednesday:
_ - (Tuesday. iWedn’sday
Wheat 14 /
Corn 2lh 1)51
oats ’ . . . .: 130 344
liotg, ! 37,000 28,000. J
LIVERPOOL GRAIN MARKET.
I Wheat opened firm %d lower to %d
higher at 1:30 p. tn. was %d to %d , r
‘ higher.' Closed '-.d to I%d higher
Horn opened steady to %d higher at
’ 1:30 p. pi. was steady %d to %d higher. J-J
I Closed %d to %d higher.
[Atlanta Audit Co. ;
Public Audito
and Systematizes
ATLANTA and TAMPA
1
15