Atlanta Georgian. (Atlanta, Ga.) 1912-1939, June 25, 1912, HOME, Page 15, Image 15

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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