Atlanta Georgian. (Atlanta, Ga.) 1912-1939, July 02, 1912, HOME, Page 19, Image 19

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FACT AND GOSSIP IN MONET MARTS Being an Explanation of Cer tain Ramblings in This Column. By B. C. FORBES. NEW YORK. Jul? 2. It behooves ’he strong to temper their strength with mercy Are the great powers of the world dealing considerately with China .-ft this delicate stage in the childhood of the Oriental republic? Are the international bankers who hold in the hollow of the.r hands the financial life of China acting with statesmanlike magnanimity? Or are they bent upon taking advantage of China's dire necessities? Relations between state departments and financiers have become so close -so Interwoven during the last three years that it Is often difficult to distinguish where diplomacy ends and banking opera tions begin. * t ••noliar diplomacy" has its uses. Rut it is so susceptible of abuse. It lends itself so readily to insinuations, it so easily arouses suspicions, that every step taken should be accompanied by the fullest pub licit?-. The day has passed, as some of the world's most eminent ambassadors have admitted, for throwing a veil of sec recy over negotiations in which the pub lic are as keen!.' interested as the gov ernments Are not the public, In the final analysis, the government In all democratic nations? The need for let ting, in the light upon negotiations which have a financial end is peculiarly urgent In these latter days, especially in the T’nited States, where there are constant Innuendoes that Washington Is too close to Wail Street. • • • The. American people have not been taken into-the confidence of the home bankers associated with the proposed $300,000,000 Chinese loan. Such informa tion as has been gleaned has come from Europe and from Cl Ina. the tenor of dis patches from the former being usually in contrast with the ones emanating from Pekin. If. therefore, the widespread feel ing that China has been harshly treated is not well founded, whom have the. bank ers to blame? High Finance must know that its every act, particularly in conjunc tion with the state department. Is eagerly scanned by that not inconsiderable section of the people which has an uneasy feel ing that dollars are apt to prove more powerful than diplomacy. Can High Fi- Real Estate For Sah. Real Estate For Sale. I ~ VACANT LOTS I' WE HAVE a very attractive proposition to make Io about a dozen H lot buyers of sterling character who wish to make and save [j money. If this includes you. come to see us. HOLMES & LUCKIE REALTY CO. Phones: At}. 226, Bell Ivy 4157. 34 N. Forsyth St. EXCEPTIONAL BARGAINS IN HOMES. DECATUR—Eight rooms; Ponce DeLeon avenue; shady lot. 85 b> 136 Paved street and sidewalk; all conveniences Only *3,500. SIX ROOM bungalow; newly built; Atlanta avenue; large shady lot. 100 by 220: aJ) conveniences; *4.250. COLLEGE PARK—Beautiful six-room bungalow: paved street; two blocks of car line; lot 100 bv 190. VERY CHEAP AT $3,500. GEORGIA HOME AND EARM COMPANY. 114 CANDLER BUILDING. PHONE IVY 5767 [ BUNGALOW IN BATTLE HILL I ON GREENSFERRY AVE., between Inman and Wellington 1 streets, brand-new. up-to-date bungalow. 6 rooms, sidewalk. I chert street, sewer down and paid for. hot and cold water 1 plumbing, combination fixtures, well elevated. You can't I heat this for $2,750.00, $300.00 cash. $20.00 per month. Will » rent for $21.60 per month. J. N. LANDERS 812 Austell Buildink. Phone. Main 3122. HOME SEEKERS ARFS YOU In the market for a home* If so. It will be to your Interest to confer w *th at once LISTEN: Do you own a lot anywhere tn the <*lty or sub urbs paid for or half paid for? If so. let us build a house on it to suit your ideas and arrange terms like rent or easier Houses we build range second to none Ln point of workmanship, material and beauty. Ask our customers Plans anj > epeclflcations will coet you nothing GATE CITY HOME BUILDERS REAL ESTATE AND BUILDERS 809 Third National Rank Building. Phone Ivy 3047. THE HOUSE you will build, buy or rent will not be a modern home unless it is wired for Electricity. 4 is-26 Railroad Schedule SOUTHERN RaTiTwaY. ■ PREMIER CARRIER OF THE SOUTH" arrival and departure of PASSENGER TRAINS. ATLANTA The following scheattle fl’ures are pub. ' Hshed only as Information.’and are not No Arrive From No Depart To 25 New Y. 5:00 am 36 New Y 1215 am 13 .laxville. 5:20 am 30 Colbus' 520 am 43 Was'ton 5:25 am 13 Cinci 530 am 12 sn’port. 6:30 am 32 Fort v‘ 3 30 am 23 Jaxville 6:50 am 35 H'ham 545 a , n ’l7 Toccoa. 810 am 7 Chat ga 640 am 26 Heflin . «20 am 12 R'mond 655 am 20 Now Y 10:30 am 23 b’a>. ■' 7 00 am 8 Chat'ga 10:85 am 16 Bruti'k 7 45 an , 7 Maccn 10 40 am 29 R bam 10 47 am 27 Fort V in 4,, aln 38 ' fw y p n , an , 21 Col’bus 10:50 am 40 Charl'e 12 00 n'n 6 Cine! 11:10 am. 6 Macon 12 40 pm 30 B'ham.. 2:30 pm 30 New y 2-45 pm 40 B ha'y 12:4h p- 15 Chat'ga 300 pm 39 Charlo e3 o ? pm 39 Hbam 410 pm 5 Macon. 4 pm *lB Toccoa 430 pm 3< Nejv Y. 5:00 pm 22 Col'btts 5:10 pm 15 Bruns k7oO pm 5 find 510 11 R'mond R 30 pm 28 Fort V 5 *»4) D m 24 Kan C 920 pm 25 Heflin R 45 i,m 16 Chat ga 935 pm 10 Macon 530 pm Col bus in 20 pm 44 Wa.«h'n 5 45 31 Fort VlO 25 prn 24 laxvHle » 30 .m 36 H ham 12 00 t>rt|ll Sh'port 11 in >m 14 Cipci 11 on pm t_4_ lax vil|«. 11 111 trains marked thus (•> run daily ex . t cer t Sunda’ 1 nther '-'ln 'im dally Centra' time a City Ticket Office, No 1 Peachtree St. nance afford to foster such a spirit" Should it remain silent under attack? • ■ ■ Dignity is all very well, but there are times when silence should be broken, .lust what Is the present status of the Chinese loan negotiations'.’ • • • Certain European authorities alleg* tl; t the Six-Power Syndicate is seeking to | tie China, hand and foot, to arrogate to I the favored bankers privileges which r>■■ self-respecting nation could give. Is this true? Or are the American. French. Ger man and British groups engaged in a ti tanic struggle to preserve China from the rapacity of Japan and Russia? If so. a ; frank statement covering (he facts would greatly strengthen the position of the 1 Open-Door group. The citizens of Amer ica are strongly in sympathy with the j newest recruit to the ever-increasing ar ray of republics. They have little pa - ! tience with the subtle scheming of Japan. I Hence, if the motives of our bankers are ' patriotic, if they are really insisting upon a fair deal for China, if they arc actuated ■ | more by a desire for tie welfare of the-i new republic than by a thirst for profits, i then let them come forward and make a clean breast of the facts * » * China should not be starved mtn selling! her birthright. She should not. having • thrown off one yoke, be subjected to an- • other. She, is entitled to a chance to ' i live. Her assets ought to inspire credit 1 ; She is not alone in having an empty | treasury. Some other nations have not I only empty treasuries but staggering ■ debts. 'There is danger lest the with holding of financial succor again set back • the hands of the clock in the Orient free fight for spoils is not to be courted. ■ • a Perhaps, as already suggested, our ' hankers, in conjunction with those of ■ France. Germany and Britain, arc battling ‘ > valiantly for the infant repubilc. Why not let the whole truth be known now i and thus dispel the uncomfortable feci- ; Ing that has been engendered? It Is | scarcely seemly that private bankers be made masters of Chinas fate. Can they i not give some account of their steward ship? LIVE STOCK MARKET. CHICAGO. July 3. Hogs Receipts. 30 non. Market 10c lower; mixed and . butchers. 7.05© 7.50: good heavy. 7.35© 7.50; rough heavy, 7.05’1’7.30: light. 7.00® 7 40- pigs. 5.20'57.00; bulk. 7.3057.45. Cattle Receipts, 4.500. Market steady; 1 beeves, 0.40'1’5.65: cows and heifers. 2.50 ' <d8.10: Stockers and feedrs. 4.504’6.40: Texans. 6.50@8.25; calves, 7.35® 8.50. Sheep Receipts. 20.000. Market weak; native and Western. 3.50©5.00; lambs. 4.40@8.00. POULTRY. BUTTER AND EGGS. - NEW YORK. July 2.--Pressed poultry firm tui ke- s, 13© 23; chickens. 18® 36: fowls. ducks. 18%©19. Live poultry nominal and unsettled. Butter steady; creamery specials. 25% ®26; creatnerv extras. 27® 27 1 x; state ■ dalrv, tubs. 22 0 26%: process specials. 25. Eggs firm: nearby white fancy. 27: extra firsts, 22(7893: firsts. 19© 19%. Cheese firm: white milk specials. 15© ' 16%; skims, specials. 11 ?,©>l2%: skims, fine. 10*,©11%; full skims. 6%@8%. I Legal Notices. STATE OF’ GEORGIA <’nijnty nf F’ultm* Rill for Injunction. Receivership and Equitable Relief. Eulton Superior Court. September Term. 1912. N" 24351. Mrs. Sallie J o'Kelley vs. J Wylie Smith. Georgia Trust and Realty t’ompatiy. Transferee. R B. I»eav»»urs. Mrs E Mcf’. \damson. The defendant. J Wylie Smith. ; here by required, personalia or b> attorney, tn be and apear at the superior court, to be held in and for .-•aid county, on th- 2d da.' es September. 1912. at the September Term of said court, to be held on the da v i aforesaid, to ui«. On the first M'Hn’ay in September. 1912. to show cause, if an\ he has. why he should not be made a part’ defendant tn the above stated ■ as» . ami why the said receivership slnmkl not made permanent, and the injunction be granted as prated for. as in default thereof said court will proceed, as to ,|u tice shall anpertain. Witness the Honorable John T Rendle inn. judge of said • «>ur(. this the 2d dav Os Julv. 1912 ARN< )LD BR< >YLES. ‘’lerk Superior Court Fulton *'■■ Ge<»rg' 1 GEORGIAN WANT ADS FILL ALL WANTS. BOTH PHONES 8000. THE ATLANTA GJtGUKtiIAJN AND NEWS. 1 L EbUA Y, .Jl nY J. iwiz. COTTON HIGHER IN W HADE Aggressiveness of Spot Inter ests and Big Professionals Holds Prices Up. NEW YORK. July 2.—Tl.w cotton mar- I ket opened stead} today with prices 2 ' points lower to 3 points over the final of ' yesterdaj New crop positions displayed I the most strength Offerings was limited land the steadiness of the market was at- I tributed to reports of further rains over the eastern belt, and a pros pi» t of un- I settled conditions for several days to I come After the call the market was | harrow. A report of heavy rains around the At i lantics caused a sharp rally to set in dur ing the late trading with prices ad vancing 2 to 4 points over the opening, i The strongest position seemed to be Au gust. which showed 7 points advance in I the first hour of trading Spot houses land big professionals continued their de i mand for spots, and were good buyers ••f the new crop’s near positions, chiefly .of Jul.' and August. Selling moderate •and scattered. * Some Now England traders reported to be In the city in search of good high grade cotton, which they say is very hard i to find. At the close the market was steady ; with prices showing a net gain of 3 to 6 points above the final of yesterday RANGE NEW YORK FUTURES. _JIt l_L±_ July 111.24 11.28 11.24 11.2811.126-37111.23-25 Aug. 11.28.11 35111.28 1 1.34 1 1.34-35 11.30-31 Sept 11.43'1 1.43'1 1.43 1 1.43 1 1.41 -42 1 I 36-37 i let. 11.46 11.53 11.46111.5; ,1’ 51-52'1 I 16-47 Nov |. . . 111.55-56111.50-5- I >ec 11 5x >.63 11 ’ 11 '.l 11.6 ill 55 57 Jan. 1I 52 11.57 11 52 11.55'1 1 5-7-56.11 50- 51 Feb 1 ' 11.59-60 11.63-65 Meh. 11.60 11.15 1.1.59 11.64 11.64-65:11.59-60 Apr 1.. .. ( ! 11.65-67 May 11.62 11.68 115)2 11.68 11.68-66 1L62-63 Closed steady. Liverpool cables were due % point high er to ’> point lower. Opened quiet at 2% points decline. Al 12:15 p. m. the market was idle, at a net decline of 1 to 2 points. Spot cotton in good demand at 3 points advance: middling. 6.60: sales. 9,300 bales, including 9,000 American: imports. 11,000. including 5.000 American. Estimated port receipts today :,000, against 3.744 last week, and 957 last year, and year before 1.367. At tlte close the market was steady with prices showing a net gain of 1 % to 3 points over the close of yesterday. RANGE IN LIVERPOOL FUTURES. Futures opened quiet. Opening. Pre* Range. 2 P. M. Close Close July . . . 6.39 6.42% 6.39% July-Aug. 6.36 -6.37 6.36% 6.41 6.38 Aug-Sept 6.35 -6.36 6.36 6.40 6.37 Sept.-Get. 6.29 -6.29% 6.29 6.33 6.31% Oct.-Nov. 6.23 -6.23% 6,23 6.27% 6.2-> Nov.-Dec. 6.20 -6.20% 6.25 6.22% Dec.-Jan. 6.19 -6.19% 6.19 6.23% 6.21% Jan.-Feb. 6.19 -6.19% 6.19 6.23% 6.21% Feb -Meb . 6.24 6.22 Mcb.-Apr. 6.20 -6.19% 6.19% 6.25 6.22% Apr.-Maj 6.25% 6.23 May-June 6.21 626 6.23% Closed steady. HAYWARD 4 CLARK'S DAILY COTTON LETTER NEW ORLEANS, July 2. Houston gets one new bale. Last year the first new bale made its appearance on June ■l, but other new bales did not appear until the beginning of July. Indications are for part cloudy over en tire belt. Continued warm. probably scattered showers; precipitation less ex tensive and ti’c tendency toward clearing weather in the Eastern states more pro nounced.' Liverpool came in 3 points lower than due. but futures recovered In the last hour, due to the firmness in Now York. Spots 3 points higher: sales 10,000 bales f>ur Liverpool correspondents write that, feeling is bullish on good trade and the fact that a large portion of the European stock is of undesirable quality. First trades here were al unchanged figures, but tlie market improved steadily on small inning, induced principally by the idea of 100 much rain in the Eastern states, anticipation of an unfavorable weekly weather report at It o'clock and scattered short covering proceeding to morrow's bureau. This will be issued to morrow at 11 o'clock' and will give acre age for this year and condition of the crop on June 25. The trade looks for a condition average around 82. ami a reduction in acreage of around 7 per cent. Comparisons will be made with 36.681.000 acres in cotton last vear and a bureau condition on June 25 last year of 88.2 and 81.2 in 1908 RANGE IN NEW ORLEANS FUTURES. 0 I x | u ptc | u ; lujv 12 27 12.28 12.26 12.26 12.26-27 12.21 -22 \ug 1" 06 12 M 12.05 12.07 12.08-10 12.03-04 Sent' 11.88 11.88i11.88 11.88 11.89-91 II 82-84 l ml 11.64 11.7111.64 11.71 1 I .70-71 1 1.62-63 X„ v 11.70-71 11.63 ilec li■: I 11.72:11.64 1 1.72 1 1.71 -72 1 1.64-65 Jan 11.70 11751 168 11.75 11.74-75 11.66-67 Feb 11.76-78,1.1.70 Meh. 1175 11.80 11.71 11 JO) 11. 79-80 1 1. 73-74 < hosed steady. SPOT cotton market. Atlanta, steady; middling 11%. York. Slemly; middling 11.65. New Orleans. stead? . middling 12 7-16. Liverpool, easier: middling 6.60/1 Savannah, quid, middling 12c. Augusta, quiet middling 12% Mobile, steady; middling 11 1 /, Galvesiun. stoimj : middling 13% Norfolk, stead? . middling 12c. Wilmington, nominal. Little lick, nominal; middling II , <'barlesion. nominal; middling IJU I'liiladelpliiii. quiet: middling 1 1 '‘o Bosloti. quiet: middling 11.65 Baltimore, nominal: middling 12c. Memphis, steady; middling 12%. St. Louis, quiet; middling 12c. liouston. teady; middling II 15-16. Louisville, firm; middling 12c. PORT RECEIPTS. I h.> following table shows receipts at th< ports toda? compared with the same dav la-I -ear. [ 191'2. i 1911. x,. v iirteans 1.099 I ' 145 Galveston . . U1? .">94 Mobile 90 Savannah ... Bh.> t'harleston ... 6 Not foil; 99 B. 'on. . ■ Pa. ific.oa' . 200 Various 16? ' Total INTERIOR MOVEMENT. | 1912. ! I'<ll Houston 187 125 .ugusm HO . . M.-mpbi< ■ I. St. Lotti'. % t *inclnna t i . , 170 i .. .. ~TMta~ i 1-071 . 16'7 COTTON MARKET OPINIONS. Hayden. Stone A- ••<>. The long side I'H.ks the l»Fst. Sternb' i Rer, Sinn <<• < '<> vf»r.\ | i>i tle < bnr gp until hurru’i j s I'h'Jk a- • "■ Mill ;<<lvl>r pur- • 1ui.44 "I the distant |»< sitions < n tn> marked na'-tiun I XHH'> a? ’ " ’ 'till haw a favorable -pinion r NEWS AND GOSSIP]! Os the Fleecy Staple , N’EW Yt »RK, July 2. Carpenter. Bag- i got Co.: Houston. Tcxak: ’‘First bale new cotton will arrive this morning from I Harling.'’ F irst new bale last x ear wae received ; June 1.1. but then Texas was threatened i with severest drouth in history. Dallas wires: “Texas, east generally ruoudy ; Panhandle cloudy : balance ch ar, warm. ’Oklahoma generally cuoudy and warmer. Wehl. Hicks. Schcntz. Minn and Geer buyers after < all. • e Willlns. Schill sold. Everybody is waiting on the bureau re port to be issued tomorrow at noon. Miss Giles makes condition of 81 • against 50.2 two weeks ago, SO.S ore month ago and 89 last year. Acreage re duction afl er reinvestigation shows tie crease of about G. sor an approximate acreage of 34,377,800 acres. Crop late find (small, excepting Texas and Oklahoma. ’’ondition by states: \ irginia 82. North Carolina 83, South Carolina 82. Ge<»rg'a 74. Florida 83. Alabama 78. Mississippi 79, Louisiana 72, Texas 91. Arkansas 81. Ten nessee 77. Oklahoma 8’». Missouri and California 81. Journal of ’Commerce sa?s: “Large spot interests are said to have bought January and October. ’ Commercial says: “Spot houses con tinue their steady absorptions, but the I trading is listless." Springs started advance buying October at 4. Dick Bros . Wilson and Hicks also good buyers of new' crop. The selling xxa_s Following are 11 a. tn. bids: July 11.2/. October 11.50. December 11.60. January' 11.54 , o NEW ORLEANS. July 2. Hayward Clerk Map shows fair ea Q t Texas, partly cloudy to cloudy’ elsewhere Good rains in Oklahoma: light to moderate elsewhere, high night temperatures New York wires: “Quiet, steady on rains In Young Hicks good buyer. Trade waiting bureau, but result of rains tends to offset Improvement. Good rains over night in Oklahoma. Th o New Orleans Times-Democrat says Market opinions has now about settled on between B and 7 per cent re duction in acreage under last year, and on an Improvement In condition during the month ending June 25. of between 1 and 3 points, as the probable showing to be made by the government tomorrow’. On such a showing bears would be able to figure out a large crop. But bulls would contend that the 'Top is not doing ' nearb' so well as It seems to be doing, and that since a very' large supply will ihe needed next year, such a showing would give market opponents nothing : brag about. Entirely trustworthy advices from Liv- I er pool, mailed June 18. are to this effect: ! “Cotton consumption has received a stim ulus from which we see at present no prespect of its receding, as trade in nearly all parts of the work] is good. The mon soon rains are reported from Bombay, and : If the season continues favorable, we may again expect large exports to India, where trade conditions are excellent. DAILY WEATHER REPORT. ATLANTA. GA., Tuesday, July 2. Lowest temperature 66 Highest temperature 83 , Mean temperature X 2 Normal temperature •’ ; Rainfall in past 24 hours, inches. .... 0 46 I Excess since Ist of month, inches. ■ • 0.10 | Excess since January 1. inches 16. io ; REPORTS FROM STATjOJNS. i ITeinperature;R'fall Stations— I Weath. I 7 Max. I 24 I ' a - n1 - V’day lhours. Augusta .. .. Cloudy 74 .70 Atlanta ICloudy 70 82 .44 Atlantic City.lClear I 68 j 72 . ... Anniston .... Pt cldy.: 70 I 8« .n 8 Boston Clear I 68 I 72 .... Buffalo iClear ! 66 I 78 .... Charleston .. . Cloudy I 74 i 92 .6s Chicago 'Clear 68 JO . . .. Denver 'Clear > 60 76 .02 Des Moines . . Clear 68 86 .16 Duluth Cloudy ' 54 60 .... Eastport < , lear ; 68 68 .... Galveston . . ..’Clear 80 84 .... Helena (Cloudy 54 54 I .10 Houston ....'Clear I 78 (Huron Cloudy os 90 .-8 Jacksonville .'Cloudy | 70 90 .. I Kansas City . Raining 66 64 02 Knoxville ..iCloudy ;0 84 .40 (Louisville ... Cloud.v 72 1 86 i 48 I Macon Cloudy I 72 84 .-.6 i Memphis . ..Cloudy 72 80 .08 ; Meridian . . Cloudy ,4 .. ■<- Mobile Cloudy •$ ’ 6 “ I Miami Pt. cldy 82 60 ... . . I Montgomery . Cloudy <0 86 .66 (Moorhead .. .Raining ss 86 .lot | New Orleans. Cloudy i 4 86 i ,oi> | New York. .. .'Clear 66 .6 ; I North Platte . Cloud?' 66 .6 Oklahoma Cloud?' : 74 82 i 1.->- Palestine ... PL cldy. 76 90 .. .. I‘ittsburg ... Clear <0 <8 . _ P'tland. Oreg. < loud.v 54 60 s San Francisco Clear 52 .0 .16 St Louis Cloudy 1 >0 82 ' St. Paul Clear (64 .2 . S Lake City Cloud?' 56 16 Savannah ....ICloud? M __ Washington .. Cloudy _66 <6 .. c. F. VON HERRMANN, Section Director. THE JOURNAL OF COMMERCE REPORTS CONDITION OF JUNE 81.3 lournal of Commerce: The average crim condition for tlio month ending lune 24 was nlaced at 81.3, showing an itn provement of 4.4 per coni for month. Following shows the condition _ I’? states North Carolina. 86: Smith Caro lina, 83; Georgia. 74. Florida. 75: Alaba ma 76 5: Mississippi. <3; Louisiana, o’. Texas, 86.5: Arkansas, 78.5; Tennessee, 79 Oklahoma. 85.3. Weather favorable during month. I lant ( small, but strong and vigorous. and showing good growth Stands generally g.od. although In man?' sections • pot ■id Cultivation progressed favorably. With exception of appearance of boil 'weevil and some slight damage from cat erpillars. crop is ver? free from insects Season two to three weeks late, cool nights having retarded growth. Ampjo rain in all secllons. in Georgia slightly Pxressive. In < iklalmma and 'Texas < '»n dition improved owing to bountiful rains, but season late Will soon eatch up with continuance of favorable weather In Missouri season very backward owing to cold weather. Growth slow. In Alabama conditions quite satisfactor? In Missis sippi weather favorable except nights been 100 cool, causing slow growth, in Xrkansas climatic conditions generall.v f-ivorable North and South Carolina, plant small and conditions rather spotted. Cultivation generall.v good. Louisiana and Tennessee. [Jani small ami late. Stands somewhat irregular, but favorable weather of iao has caused improvement an,l cultivation is good WEEKLY GOVERNMENT REPORT ON WEATHER WASHINGTON. Jul? 2. Mean temper atures ranged from normal over parts of Florida lo 8 degrees below normal of cen tral portion of cotton region. I'D. w_eek- I? mean temperature ranged front .0 to B<l per i on' over eastern, from 72 to <8 degrees over central, anil from ,2 to 82 degree- over western portion of cotton growing states The lowest mean teinper ■ttiir ,6 degrees, occurred at i liaifiim" l I a'j.q the highest. 82 degree-, at Del I Hi.'., Texas Precipitation occurred gm, c-,.l'|v over cotton region, except that over parts nf eastern < iklahoma. and a large area in central and western Texas, where there win no rain. I’recfpitn>lon was un f. ~mlv distributed, and the heaviest i amounts occurred in southwestern Louis l-imi More than ' inches occurred in parts of Louisiana. Vkansas, I’eio ? I van!?. Mlssk-slppl. Alabama. Georgia ami I'arolinas The greatest week!?' amount. iC’ in, hc«. occurred at Lake I'harle '. I,a COTTON SEED OIL NUM YORK. Jul' 2. Carpentei. Bag K .q £. Co,. The market was slfghti?’ easier on favorable reports mt cotton crop and under moderate -elling. but offerings were roadllv absorbed, and prices soon tallied, and developed a tit m undertone. ITmllng was smell and latgel? profes -Im al Colton seed oil quotations I opening. * Closing Sp,q’ — .’ . . . 6.80©G.90 lu| v H b »4/ •’> <0 »’< Aiigusf . ' '< ■ ‘j 90 'i j ’ 1 S(*ptembr • • ' 77 ! '7 (i.tnhPl- . 6. '-4 November . • o ii'o*. pi r. »; to (><.. riphjM •> I* '/’!.3° JS Jnnuar.x ‘ *’ 7/ *’ ' (Jl .'.I •■ .!!»•!-.' IKON ’ good mire I Industrial Issues Show Most Activity -Politics Plays No Part—Undertone Firm. ;i By CHARLES W. STORM. NEW YORK. July 2 Trading broke . | awa? from the influence of politics toda? I ’ ami at the opening of the stock market i the tune was strong with gains showing . throughout the list Brooklyn Rapid i , , Transit continued in good demand, ad vancing % to 94%. Interborough Metro . | poiitar. common and preferred made frae -1 i tional gains. The important railroads and 1 Industrials were in good demand. »; The gains were t’nited States Steel [ common. %: Erie common, %: Lehigh ; Valley, %: Union Pacific, ; Missouri Pa- . I cific, %, and American Smelting. %. >| Some of the specialties showed excep tional strength. General Electric moved - tip 1% to ins l , and American Snuff ad . vanned 2 points to 176. ;! '*n the other hand. Texas common was , I weak, declining % to 122% The curb • was steady. I Americans and Canadian Pacific held - I firm in London, a shade above parity. ■I In the late forenoon Increased activity ? | and strength was shown tn the leading . i railroad and industrials, and further sub stantial gains were made. A number of , specialties also showed strength. I The stock market closed weak and ttn l settled; governments unchanged: other bonds steady. Stock quotations: I<ast rrev STOCKS- H igh Low. ;Salr Cl'se ] Amal. Copper. . . 86%' 85%| 85"% 85% , i American Ice. ... 27% 27%' 27% 27% f Am. Sugar Resin '131% '30%!130% 130 , Am. Smelting. . . 87 I 86 I 86 85% Am. Locomotive. 44%' 43% 44 43% i Am. c 0 l. (t||. . . 54% 53i_, 54 53 .'Am. Car Foundry ! 59%' 58-% 58’. 58% , j Am. Woolen .'.... 1.. . ( 28 ’I Anaconda 43% 43% 43% 43’A j. Atchison . . . .108% 107% 108 '107% JA. C. 1 'l4l 114014, 140% 139% , ( Am. <’an. . . . 34% 33% 33%' 33% ' do- Pfd 116% I . Am. Beet Sugar... 74%! 74 ;74 71 ■ Ant. T. and T. .' 145% 144% J 45% 141 % Am. Agricul.. .1 ..I | 60% . Beth. Steel. . 38%; 38%; 38% 37% . I R. R. T I 94Ui 92%l 92%l 93% . R. and O. . . 108% 108% 1087. 108% I Canadian Pacific. . 265%1265 265%;265 . Corn Products. .1 1.5%1 15% 15% 15% C. and O I 81%i 80% 80%, 85% ' Consol. Gas. ..142% 142% '142% J 42 Con. Leather. . ...| 27% 26% 27% 26'% Colo. F. and 1.. .. 32% 32% 32%! 31% Colo. So. . . .1 I' !.... ' 39 D. and H |168%J168% 168%[168 Den. and R. G.... 19 I 19 I 19 ] 18% ; Distil. Securities (.....I 33% ! Efie I 35© 35 35 | 35% > do. pref. .. 54% 53% 53?. 52% ! ; Gen Electric. . .ITBI ■%1179% 1 180 (178% H Goldfield Cons. 4%! 4% 4% 4% ? I Great West I ' | 18 ! Great North pfd. . 135% 135% 135%.134% > <i. North Ore.. . 13% 43% 42% 42 Int. Harvester. . J I 1 (118 111. < 'entral. . . . 1 I 128 i Interurban I 22 21 % 21%! 21% do. pref 62 60 % 60 % ( 60/. K. C Southern. . | 25% 25% 25% 25% '■ K. and T i 28 28 28 ' 27% do. pref 11 1 60 Lehigh Valle? . . .171% 170?., 171 171% L. and Nashville . . 161 % 160% 161% 159 Missouri Pacific . . 37% 37 ' 37 i 36% N. Y. Central . . .|llß |117% 117% 117% Northwestern . . .: 137%i 137%(137% (146% National Lead . . . 60 58% 60 58 Nor and Western. 116 |115% 115% 115% Northern Pacific . . 121% 121 ;121 '120% Ont. and Western . 32%( 30% 32% 30% Pennsylvania . . . 124% 124 ,121% 123% Pacific Mall . . .1 ... .1 ... .1 ... . 32% People’s Gas Co. . .1 .... .... I ... .1113% P. Steel Car .... 36%' 36% 36% 36 Reading 1168 (166%(167%; 167% Rock Island .... 25% 25 I 25% 24% do. pfd 51 50% 51 i 51 K. Iron and Steel . . 28% 28% [ 28% 27 9 do. pfd 86% 86%J 86%] 85% Sloss-Sheffield. . . 58 I 57%' 58 ' 57 Southern Pacific . . 110%(110% 1110%,110% Southern Railway .! 29% 28%l 28%( 28% do. pfd i 75 | 74% ' 74%' 74% St. Paul 105% 105 105% 104% Tennessee Copper. . 44%; 44 44% 43% Texas Pacific ... 22% I’nion Pacific . . . . |170% 169% 169% 169% I'. S. Rubber . . . .: 67% 66% 67'% 66% I'tah Copper ... 63% 63%: 63%' 63% I’. S. Steel 72% 71 % 71% 71% do. pfd 112% 112 112 111% V -C. Chemical . . . 18?, 48% 18", 18-% Western I'nlon . . . 82% 82% 82%! 82 Wabash 4% 4'%' 4%i 4% do. pfd 11% 13% 13% 13% West. Electric . . J 73% 73'% 73%; 76% W. Maryland . . . .' ' .... 56? a MINING STOCKS BOSTON. July 2. Opening Mason Valley. 13%. Superior Copper. 16%; Shan- I non. 166, : Butte Superior. 46%. METAL MARKET NEW YORK. July 2. -Metal exchange today was quiet. Copper, spot to Jul?. 17® 17.50: August. I 7.12%® 17.37%: Sep tember, 1 7.35© 1.7.37%: lead. 1.40'1,1.50: spelter. 7.10'1,7.25; tin. 46.30',, 46.80 NEW YORK GROCERIES. NEW YORK. July 2.—Coffee barely stead?'; No. 7 Rio spot. 14%. Rice firm: domestic, ordinary to prime. 4%®5%. Molasses quiet: New Orleans, open kettle. I 35®45. Sugar, raw easier; centrifugal. 3.80; muscovado. 3.30; molasses sugar. 1 3.05: refined, quiet: standard granulated. 5.00’, 5.05: cut loaf. 5.80; crushed. 5.10; mold A. 5.46; cubes. 5.20® 6.25; powdered, 5.05'1/5.10; diamond A, 5.0*.; confect loners A. 4.85; No I. 4.85: No. 2. ~80; No. 3, 4 76; No. 4. 1.70. LOCAL STOCKS AND BONDS Bld Ask eft A,!ant» .8- West Point R P. U» American National Bank. . 215 220 Mlantic Coal & Ice common. 101 Atlantic Coal & Ice pref... 91 vt jk *' an ’ a B r c,? In e A Ire Co. . . ’75 Atlanta National Bank 320 330 Central Bank * Trust Corp un Exposition <?otton Milla. ... !«« |g s Fourth National Bank... . 260 365 Fulton National Bank '25 130 Ga Rv, & Elec stamped. ]2S Ga. Ry. & Bow. Co., common 27 30 do if’ P M 99 *5 do 2d pfd 46 471, Hillvet Trust Company 125 1 owry National Rank 248 ?i;o Realtv Trust Company ing )10 Sixth Ward Bank ; u; Southern lee common. 68 ~n Third National Rank, new 220 225 Trust Co. of Georgia. . 225 235 Travelers Bank * Trust Co 125 124 BONDS Atlanta Gas T ight Ist 5s tni % ins Georgia State 4%a. 19,5 101 101 Georgia Midland Ist 3a so «) , Ga Rv. * Elec. Co 5s ... 101 Ga RV * Klee ref 5s 9« 29% Atlanta <'■ sol Ida ted 5s lO2’-4 | Atlanta City 3%5. 1931 91 Atlanta City 4%5. 1921 102 lU3 Southern Bell 6s i>% NEW YORK COFFEE MARKET. Coffee quotations: I Opening - i Closing Janua'r' . 13.85® 14 nn 12 go® 13 im Februar- 13.80© 13.98 13.85® 13 86 March . . 13.85®.13.90'13.94© 13.95 April 13.85® 13.1 0 '3 a,;® 13 1,7 Ma. ... 13.90© 13.94'13 97® 13.98 Juno 13.93® 13 95 13.97® 13 :>8 August 13 55 13 57'0 13 58 I lul? 13 10® 3 60 13 47® 13.19 September 1.'{.554/13 65'13 67® 13 68 October. . . 13.70© 13.80 13.74® 13.75 November 13 75® 1 3 85 13 794/ 13.80 December 13.80© 13.86® 13 87 Closed stead' . sates 29.250 bag- USE GEORGIAN WANT AOS. USE GEORGIAN WANT ADS. ) I SHOP TALK || ft * i Paul H. Xnri ros . nf the Solomon Xnrrros« Company. ♦ -nejivpi’s. k>ft xt-' lanta last night for a business lrip| through Mississippi and Florida. I:i| Mississippi Mr N’nrrrns.- will visit Amory, whom his firm is superintend | ing the expenditure nf about SIOO,OOO lin highway w<irk and waterworks and sewer*. I’rom there he will gn tn Mil ton. Florida, tn overlook an extensive waterworks and sewer rontrart. where $40,000 is being expended* He will be gone about ten days. An added a thoroughly lighted and ventilated basement and an up-tn date elevator service are the improve ments which are to be made by Byek Bros. (Yt., shoe dealers at 29 and 31 Whitehall street. Preparations are being made to be gin work at once and when / ompletrd it will be one of the handsomest ami most commodious shoe stores in the South. The opening of the basement depart ment will be appreciated by tin* eco nomical shopper, for here w ill be found bargains real bargains -every day in the year, Th’* salesroom on the first floor will be enlarged to almost double Its pres ent c i parity. SUPREME COURT OF GEORGIA Arqued and Submitted. W. E Riggers vs A. J. Story; frntn Catoosa. Nashville. Chattanooga and St Ixniis Railway vs. Amanda Paris; from Dade. Western and Atlantic Railroad <’om pany vs. Aba Davis; from Whittlek! Western and Atlantic Railroad Com pany vs. W !• Summerour; from Whit field. M. A Wright vs Western and Atlantic Railroad Company; from Whitefield. City of Dalton vs. J A Humphries, from Whitfield. J. H. Walker vs T R Tones, and vice versa: from Bartow. Joe Brown vs M W’ f’ole; from Dade. George F Hurt, receiver, et al. vs o. T I’oeples. trustee, and vice versa; from 1 >ade. V D Keith vs. A. R Hughey: from Whitfield City of Dalton vs. W E W’nod pt al . from Whitfield. Jarno- B Gordon el al vs Julia Fritts ct al.; from Catoosa. Mrs L L Bishop vs K A P.rown; from Murray. North Georgia F'ertilizer Company vs .1 E. Lcmmgs from Elo.vd. Southern Railway Company -vs <’ E. Barfield: from Floyd J. L. Doss et al. v ’l’ K. Wooten; from FToyd 1 B I Miller vs M A Miller, from Eloy*!. E M Shaw et al vs H S l‘r»»bascn; ftom Walker Chattooga County vs E T. Moggin son; I rom < ‘hattooga Central Georgia Power Company vs I II Ham. ordinary, et al., from Hutts Morgan Count) vs E. B Glass, from Morgan C |% Mil liein vs Georgia Cotton < )i| < ’ompan.v from Morgan Wood Arnold vs Hardy Stevens, from M<Tgan T .1 F'ow lor » I al vs \<ldie Parks oi al . from Worth .Max P’neus vs H S Moinhard Bro ; from Grady. Seaboard Air-Lino Railway vs Davis A- Bramion from Camden F M Dedge Pt al vs W W. Bonnett et al.: from Appling City of St. George vs Xugust Haag: from < ’harlton W L Inman vs J L Mathews; from Bulloch. Bank of Garfiehl vs W W (’lark ot al ; from Emanuel REa% OR PROFIT WANT ADS USE FOR RESULTS will give you PROTECTION CONVENIENCE ii#® at low cost ' d ' "fit*’ ur for catalog ■tVz ami pl ii o- GOOKIN BANK & OFT ICE EQUIPMENT CO. PHONE IVY 456 115 N PRYOR ST, ATLANTA GOOD LEATHER LMMIIIS Wheat Drops 3-8 c to 3-4-c, Corn and Oats Declining in Sympathy. | ST LOUIS CASH QUOTATIONS. | Wheat Not j i- P ,i H 3 Corn 76% ;"ats _ . 49% CHb’AGO. July 2. Wheat sold off % tn I 7 r<‘ this morning on a general wetting ‘down of the spring wheat country, and | improved prospects of the crop in the 1 Northwest. <’aides were lower. • (’orn was lower Ideal weather in the belt and slow cash demand were the I main Influences early in the day. Oats were L to lower mainly in j sympathy with other grains. Provisions were strong to a shade high er with the advance in hogs at th a yards. CHICAGO GRAIN MARKET. Grain quotations: Pre*. High. Low. Close Close. W H EA T July 1 OGU 1 n7*a 11 1 Sept 1 n.3\ t ot 1.03 Fte. I 0J T o I 05 104 L 1 04-H 1 05 1 . ' CORN jJuly 721.. 7 4 t 4 3 i 9 73 Sept 71 L 7Di 71 71H I De- 02 G2U 01 \ B2L 62 OATS July tfiL fG’’ a 44\ 45L 45% Sept 3RL J8 7 ,38 L 38 1 * 39 Dec to 39\ '39’4 40 1 i PORK .Th D.37’i in 12u 10 ?5 Ifi 27D 18.40 Spt 18.724 10 85 10 sis 18. 18.80 'lGrt 18.52 1 -. 10 77H, in 55 |8 K2U 18.82% ; ..ARD- Spt 11.00 Oct 11.07 0 11.074 10 071, 11.00 11 00 RIES , I|\ 10.35 10,35 10.35 10.35 10.374 Spt 10 %7t o jo jn 50 10 524 10 oct in.4' •' 10.50 10.424 10.45 10.55 CHICAGO CAR LOTS. Following are receipts for Tuesday and estimated receipts for Wednesday: iTuesdaj’ iWedn’sday Wheat . I 30 I 22 Corn 324 I 22« Gats . 208 ’ 132 H ■ - . .... ,| 2MOO I 27,000 PRIMARY MOVEMENT, WHEAT— l~ 1912 I 1911 Receipts” 1 205.000 ! Holiday Shipnients I 201.000 I Holiday " cqpCn— I I Receipts 1 554.000 | Holiday s 1 hpnients I 334,000 I Holiday LIVERPOOL GRAIN MARKET. Wheal opened ’ 4 d lower; at 1:30 p m. was I %d higher to I <d lower Closed tin changed to a «d lower Corn opened I <d to ’sd lower, at 1:30 p m was ’ K d to %d lower. Closed %d tr» lower NEW YORK PRODUCE MARKET. NEW Y<»RK. July 2 - Wheat easy. July Spot. No. 2 red 1.16410 1 18. <’orn firm; nominal. No. 2. in elevator. 824 f- o. b.: export No. 2 nominal. Oats easier; nat ural white 58*2'060: white clipped 624. Ryp quiet; No. 2 nominal, c. i. f. New York Barley steady: malting 1.12$ 1.25 <■. I. f Buffalo Hay easier: good tn prime N-» 3 1.10(01.50; poor to fair 1.10 '5/ I ;:5. Flo”r steady; spring patents 5.50 <d5.90; straights clears 4.85*0* 5.10; winter patents straights 5.35(0 5.45: clears 4.15(05.00. Beef steady: family 1 <8.00*018.50. Pork firm: moss 20.50*0 21.00; family 20.00*0 21.00. Lan! easier; city steam middle West sput 10.85 Tallow steady; city, in hogsheads. 64 nominal; country, in tierces 5\ *0 6 4 CHICAGO CASH QUOTATIONS. CHICAGO. July 2 Wheat, No. 2 red. 1.074'0109'’', No. 3 red, 1.054*0 -1.084 ; N<>. 2 hard winter, 1.07(01.094: No. 3 hard winter. 1.05*0 1.07*4 : No. 1 northern spring. 1 13'0 1 15. N<». 2 northern spring, I II: No. 3 spring. 1.04*0 1.11. '’<>rn, N«>. 2. 734*0744: No. 2 white. 77 <0 78:’No 3 yellow. 75(0'76%: No. 3 white. 75’ .'n 76’-' No 3 yellow. 73?4*0>75; No. 4. 68<u69. No I white. 72%(0 73: No. 4 yel low. 68(0 71. fiats. No 2 white 5O>051: No. 3 white 18*0 50. No 4 white, 45(047; Standard. 484 50. ATLANTA LIVE STOCK MARKET. I . (By W. H. White, Jr., nf the White Pre vision Comoany.) Quotations based on actual purchases during the current week: (“hoice to good steers, l.nnn t o 1.200. 575 (0 6.75: good Steers. 800 tn 1.000. 5.50*0 6.50; medium to g< od steers. 700 to 850, 5 00(fr 6 00. good to choice beef cows. 800 to 900. 4.75'0 5.50; medium to good beef cows, 700 tn 800. 1 <‘o*o 5 00; good to choice heifers 750 to 850. 4.75*0 5.75: medium to good heifers. 650 to 750, 4.00((<4.75. The above represent ruling prices on good quality of beef cattle. Inferior grades and dairy types rselling lower Mixed common steers, if fat, 700 to 806, $4,00 " 4 7'.; mixed common cows, if fat. 60f tn 800. $3.50*0 4.50; mixed common bunches to fair. 60< to 800. 2.75(0)3.50; good butch er bulls, 3.25*7/3 75 Prime h"gs, 100 t<> 200 average. 7 50*0' 7.65; good butcher tings, 140 to 160. 7.25® 7.40; good butcher pigs. 100 t o 140. 7.00; light pigs. 80 to 100. 5 50*0 6.00; heavy rough bogs. 200 to 250. 6.50(j57c. Above quotations apply to corn-fed hogs Mast and peanut fattened hogs. l%c and under. Bank Closing Notice. Thursday, July 4, ‘‘lndependence day.” is a legal holiday. The banks compris ing the Atlanta Clearing House Asso ciation will be closed for business on that day. DARWIN G. JONES. Sec. & Mgr. ROBT. J. LOWRY, Pres. 19