Newspaper Page Text
fSCT AND GOSSIP
IN MONEY MAnTS
Capital Not Alarmed at Nomi
nation of Wilson—New Pol
icy in Effect.
By B. C. FORBES.
yEW YORK. July s.—Capital will show
no fight over the nomination of Woodrot*
v Ison. Nor would it have been stam
by the selection of Clark. Under
wr.n.i, Harmon or any other candidate.
< anital's new policy is to woo the pub
>.,. more and the politicians less. If it can
■....■ are itself with the great mass of the
..pnple it will not spend millions in win
r ng over the good will of the politicians.
Thrice is he armed who hath his quar
rel just." Capital is conscious that its
r , .. lion is less open to condemnation than
if was five years ago or ten years ago.
There has been a financial housecleaning.
Til nooks and corners have not yet been
Lwept clean—they never will be until a
prescription for remaking human nature
has been discovered. But in certain di
f-onr the cleaning process has accom
rTshcd much. Take our great railroad
~-■-a'ions How often do we now hear
.rs t' rm corrupting the dominating state
sciy.itures' How often are wholesale
inn’ting- of railroad properties attempted
mdai Have not the relations between
t hr -ailroads and the public undergone
remarkable improvement?
Then capita! has become reconciled to
re<i reductions in tariff Schedules It ex
pert few favors in this connection from
the progressive Republicans and fewer
still from the Democrats. But standpat
no longer a fetich.
* •
What our financiers do not view with
comfort is the prospect nf three parties in
il>r- field for the next four months. The
. nc thing that the financial world can not
withstand is acute uncertainty. Once it
kn-'V’ • what is to be done it can adjust
Itself in advance, but if it be kept guess
ing. ’f it be doomed to stay In the dark.
It becomes nervous. The worst feature
of the political outlook, from the capital
istic viewpoint, in the confusion, the com
tdiration. the doubt that a triangular con
test will involve. There Is still a feeling
in erta>n influential circles that Roose
velt will withdraw, despite his protesta
inips to ’he contrary.
Tr<]a.’ optimistic interviews will, no
doubt. be given out by Wall Street peo
ple assuring everybody that everything is
all right and that Wilson need not bp re
garded as a menace. Rut it will be pass
ing strange if no outburst of nervousness
witnessed between now and November
4 Incidentally, should the stock mar
ker suffer a severe slump, a great many
potential investors would act promptly.
Quite a few are waiting and hoping for
just such o break.
Here is the philosophic summation nf
thr nolitico-eebhornic-flnancial situation
drawn up by one of New York s promi
nent investment banking firms:
It is evident from the political de-
of the last few weeks that
the lines of cleavage between the two
established parties have become less
sharply drawn on the old issues, and
s hat jn their stead new forces are
being created which, for better or for
worse, appear destined to determine
’n what extent the so-called ’’pro
gressive' politics are to- govern the'
attitude of the ‘nation Inward vested."
<anital. ’ '
ria’ business itself is not worrying
'■ver-much about the future solution
■ f these problems is evident from the
steady flow of trade ino.cated by the
increase in total clearings (notwith
standing the great reduction in activ
ity on the New York stock exchange),
by the material advance In basic
metals: by the increasing demand for
labor: by the decrease in the number
of idle cars. and. to mention no. other,
b' 'he volume of our foreign trade,
which reached during the fiscal year
Just ended the enormous total of four
billions nf dollars, easily the largest
total in the history of our country.
-W these results were achieved while
• '•r general complaint of indifferent
business was being pretty generally
all over the country, it seems
pertinent to ask whether a more
active development would really have
hr on healthy.
p are of no two minds in assert
ing that anything in the shape of a
hon n . would have produced a much
-mind condition, and would in
c' ’ably have, laid the seeds for fu
ture retribution.
• • •
nanimity politically has not yet been
" r 'd at by Big Business. If all three
■r-"-laics run “Wall Street” will have
;Ff 'cuity m agreeing upon a favorite.
Real Estate For Sale. Real Estate For Sale.
WHITEHALL STREET AND
RAILROAD FRONTAGE
TIGHT at tiie street ear underpass we have 75 feet on White
hall street with 82 feet on Central of Georgia railway, at
.lost about one-half its value, or $175.00 foot, on good terms
Adjoining frontage held at $350.00 foot.
B. M. GRANT & CO.
Second Floor. Grant Building.
G. R. MOORE & CO.
real estate, building and loans.
ton CANDLER BUILDING. PHONE IVY 497$
WEST PEACHTREE STREET. It’s a close-in proposition. You can not
'ipiiiatp this piece anywhere within two blocks. This is paying a nice rental
" v ■ and what will it do when the street is graded - .’ (’all Mr. Moore
CENTRAL CORNER, within a stone’s throw of the Candler building
” s ts a bargain and we have got to sell it at once See Mr. Reid.
'lll* STREET property: very near in, 38x75. Two stores -renting for $l5O
r month only $32,000. Terms easy, (.’all Mr. Hambley.
iii ri, six-room bungalow on Forrest avenue; all modern conveniences
' • *4,000; easy terms. See Mr. Hamilton.
FOR EXCHANGE.
ha\e good 5-room house in good renting section, valued at $2,500, for ex
'<nge for small improved farm near Atlanta
vo othei houses (price |5»000) to exchange for good farm near Atlanta
' a good 6-room house, all <onvenien- es, close in. south side, near Capitol ave
'i>r»ce $3,500) for sale or exchange for north «ide vacant improved prop
'■ same value
gi:orgia home and farm company,
114 CANDLER BUILDING. PHONE IVY 5717
COTTON CROP FSB
BEWnTHSGE
Rains and the Cool
Weather Cut Prospects to
Per Cent.
That the Georgia cotton crop will be
far below ths- f last j c indicated
by the July report o£ the state depart
ment of agriculture made public- today.
Commissioner Connor's figures show
cotton prospect? in the state are but
64 per cent of those of 1911. Corn shows
but little better prospects, the estimate
of the corn crop being 70 per cent.
The estimate given on Jias and forage
crops is 86 per cent and on the potato
crop 83 per cent.
In discussing the present conditions.
Commissioner Connor says:
"In nearly every instance the reports
show that the cause of present condi
tion and prospect of the cotton crop is
due to excessive rains, cool weather
and. in a great many eases, wilt or
black root. Excessive rains and cool
weather have also greatly affected the
corn crop. A great number of reports
showed that bud worms are proving
very damaging to the -corn crop."
TAFT PLAYS GOLF AT
SUMMER HOME; CLUB
MEN PAY RESPECTS
BEVERLY, MASS., July 5.--Presi
dent Taft motored to the Myopia golf
links today for his first game nf the
summer on his favorite grounds. The
president sat alone in the machine with
the, exception of the chauffeur. Behind
him as usual trailed three secret ser
vice men in another automobile.
The visit of the president bad been
anticipated and there were quite a
number of club members to extend the
compliments of the season. The presi
dent was congratulated Upon his Chi-
I cage victory.
Regardless of the heat President Taft
enjoyed a lively golf game, after which
he took a ride up the north shore.
Mrs. Taft and her daughter. Helen,
were in town doing some shopping in
the cool of the early morning. They
greeted many shop people pleasantly
recalling their names readily.
President Taft still has quite a few Influ
ential friends in financial circles. Roose
velt. too, has not alienated all his old
capitalistic backers Nor Is the Pemo
cratic party without supporters below
Malden Lane, for the course pursued by
the Republicans has aroused the Ire of
many corporate interests. The truth is
that no cut-and-dried program has been
arranged by Wall Street." Whether
there can be a "get-together" movement
this time Is somewhat doubtful, altlioug:
birds of a feather do have a habit of
flocking together.
* • *
A banker enjoying a high reputation for
acumen made this astonishing remark to
me the other day: “The big people down
here have made all the money they.need
for the present. They can afford to let
the people have their own way for a
while."
• • ♦
And it looks as if the people were de
termined to have it whether capital ar
quiesces or protests.
USE
GEORGIAN
WANTS
FOR RESULTS
THE ATLANTA GEORGIAN ANH NEWS. FRIDAY. JULY 5. 1912.
| ATLANTA MARKETS
EGGS- -Fresh country candled. 18@l9c.
BUTTER Jer.se> snd creamery, in 1-lb
block* 20% 22%c. fresh country dull, 10®
'l'., , u:-d.
URHSSED l-.iI'LTRY - Drawn. head
and feet on, per pound: Hens 16©17c,
fries 25®27c roosters 8® 10c, turkeys,
owing to fxiuess. 18© 20':.
LIVE POULTRY Hens 4U®'4.’.c. roost
ers 25'u'Oc, fries 30® She, broilers 20® 25c,
cuddle ducks 25®30c. Pekin ducks 40@
45c, geese 50® «0c each, turkeys, owing
to fatness. 14@15c.
FRUITS AND PRODUCE.
FRUIT AND VEGETABLES--Lemons,
fancy. J 4 5005 per. box Florida oranges.
$3©3.50 per box. Bananas. 3©3%c per
pound. Grapefruit, $506 per crate. Cab
bage. I'&. l '*<■ per pound Florida cab
bage. : 2®..2.50 per craft. Peanuts, par
pound, fancy Virginia. 6%®7c, choice 5%
0 6c. Beans, round green, 75c© SI.OO per
crate Florida celery, $20.2.50 per c.rß>»
Squash, yellow, per six-basket crates.
$1.0001.25. Lettuce, fancy', $1.25©1.51*
choice $1.35@1.50 per crate. Beets. s3®
3.50 per barrel. Cucumbers. 75c®51.00
per ci ate English peas, per drum, sl@
1.25 New Irish potatoes, per barrel, $2.75
@3.00.
Egg plants, $2@2.50 per crate Pepper.
$1.7502 per crate. Tomatoes, fancy, sfx
basket crates. $1.5001.75; choice tomatoes.
$1.7502. Pineapples, $202.25 per crate,
unions. $1.2501.50 per bushel. Sweet, pota
toes, pumpkin yam, $1@1.2.5 per bushels.
Watermelons. slo@ls per hundred. Can
teloupes. per crate. $1.7502.00.
PROVISION MARKET.
(Corrected by White Provision Company.)
Cornfield hams, 10 to 12 pounds average,
16 %c.
Cornfie! 1 hams, 12 to 14 pounds average.
16%e.
Cornfield skinned hams. 16 to, 18 pounds
average, 1714 c.
Cornfield picnic hams, 6 to 8 pounds
average. 12',•>€.
Cornfield breakfast bacon, 23c
Grocer style baron (wide/ or narrow).
17%c.
Cornfield fresh pork sausage (link or
bulk! 25-pound buckets, lie
Cornfield frankfurters, 10-pound buck
ets, average 10c
Cornfield bologna sausage. 25-pound
boxes, 9c.
Cornfield luncheon hams, 25-pound
boxes. 11c.
Cornfield spiced jellied meats in 10-
pound dinner pails. !oc.
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 pfgs feet. 15-pound
kits. sl.
Cornfield pure lard (tierce basis), 12%c.
Country style pure lard. 50-pound tins
only. 11%c.
Compound lard (tierce basis), 10c.
I>. S. extra ribs, lj%c.
D. S. rib bellies, medium average, 12c,
D S. rtb bellies, light average, 12%c.
FLOUR AND GRAIN.
FLOUR Postell's Elegant, $7.75; Gloria
(self-rising. $6.50; Victory (finest patent),
$6.50; Faultless, finest, $6.25; Swansdown
(highest patent), $6.25: Hdme Queen
(highest patent) $6.10; Puritan (highest
patent, $6.10: Sun Rise (half patent) $5.60;
Tulip flour, $4.50: White Cloud (highest
patent) $5.85; Diadem (highest pate.nl)
$5.50; Farm Bell, $5.40: Paragon (high
est patent, $6.!0; White Lily 1 highest pat
ent, $5.85; White Daisy. $5.85: Southern
Star. $5.60; Sun Beam, $5.60; Ocean
Spray (patent), $5.60.
CORN- Tennessee white, red cob, $1.12;
cracked. $1.05; choice yellow, $1 05; mixed.
$1.04.
MEAL -Plain 144-pound sacks, 99c;
1,6-poimd sacks. $1.00; 48-pound sacks,
$1.02; 24-pound sacks, $1.04; 12-pound
sacks. $1.06.
OATS —Fancy white clipped, 70c; fancy
white, 69c; mixed, 68c.
COTTON SEED MEAL- Harper, S2B.
COTTON SEED HULLS -Square sacks,
89.50 per ton.
SEEDS (Sacked); German millet, $1.65;
amber cane seed. $1.55: cane seed, orange,
$1 50; Wheat (Tennessee). blfie stem,
red top cane seed. $1.35; rye (Geor
gia) $1.35. Appier oats, 85c: red rust proof
oats, 72c; Burt oats, 75c. ’Texas rust proof
<>ats, 7Pr; winter grazing. 70c; Oklahoma
rust proof, 50c: blue seed oats, 50c.
HAY Per 1 j indeed weight: Timothy,
choice large bales. $1.75: Timothy, choice
third hales. $1.60, Timothy No. 1. small
bales. $1.75; new alfalfa, choice, $1.63;
Timothy No 2. $1.70; Timothy No. 1 clo
ver, mixed. $1.65; clover hay. $1.50; alfal
fa hay. choice sd'd greefi. $1.25; alfalfa No.
1. $1.25: alfalfa,No. 2. $1.25; peavine hay.
$1.20; shucks. 70c; wheat straw. 80c; Ber
muda hay. SI.OO.
FEEDSTUFF
SHORTS Halliday white, 100-lb sacks,
fancy. 75-lb. sacks. $1.85; P. W.
75-lb. sacks. SI.BQ; Brown. 100-lb. sacks,
$1.75; Georgia feed, 75-lb. sacks, $1.75;
bran. 75-lb. sacks. $1.60: 100-lb. sacks,
$1.55: Homcloine. $1.75; Germ meal Born
eo, $1.75; sugar beet pulp, 100-lb. sacks,
$1.50; 75-lb sacks. $1.50
CHICKHN KHED Beef scraps. 50-lb
sacks. $3.50; 100-lb. sacks. $3.25; Purina
•scratch, doien pound packages, $2.35;
Purina pigeon feed. $2.35: Purina baby
chick. $2.30; Purina chowder, dozen pound
packages. $2 20: Purina chowder, 100-lb.
sacks. $2.15. Purina scratch, 100-lb. sacks.
82.15. Success baby chick, $2.10; Hggs.
$2.20; Victory baby chick. $2 30 Victory
scratch, 50-lb. sacks. $2.25; Victory
scratch. 100-lb. sacks. $2.15; Chicken Suc
cess baby chick. $2.10; wheat, 2-bushel
bags, per bushel. $1.40; Rooster chicken
feed. 50-lb. sacks. $1; oystershell. 80c.
GR’H NP I'l'.JCl* -Purina feed. 175-lb.
sacks. $1 90; Purina molasses feed. $1.90;
Arab feed. $1.90; Universal horse meal.
$1.80; Monogram. 100-lb.
tory horse feed. 100-lb. sacks. $1.80: Milko
dairy feed. $1.75: No. 2. $1.75; alfalfa mo
lasses meal. $1.75; alfalfa meal. $1.50.
GROCERIES.
SUGAR Per pound, standard granu
lated. 5 he; New York refined, SVsc; plan
tation. 6c.
(’( )F’KF'JI Roasted (Arbuckle’s). $24.25;'
A\AA, $14.50 in hulk; in bags and bar
tels. $2.10: green. 19c.
Rl<’i< lleao. 4 , . ; C</5Qc; fancy head. 5\
(</»;’■ c. according to grade.
BARI’ Silver leaf. per pound;
Soep, 9 l 2 r per- pound; Klake. White. 9’ 2 c
per pound; < ottolene, $7.75 per case;
Snowdrift. $6.50 per case.
<’HI<HSU Fancy full cream. 22c.
SARPJNHS Mustard. $3 per case, one
quarter »>d. $3.
S,\R I>lN US Mustard. $3 per ease, one
quarter oil. $3.
MIS(’ELI.A.\'EoTS Georgia cane syr
up. 38<-; axle grease, >1.75; soda crackers.
7'. < c per pound: lemon crackers. 8c; oys
ter,7c; tomatoes <2 pounds). $2 case;
(3 pounds). >2.75; navy beans, s>.lo; Lima
beans. 7 3 <<'. shredded biscuit, $3.60; rolled
oats. $4 per ease; grits (bags), $2.20; pink
•almon. $5.10 per case; peppe). 25c per
pound: R. T’ Lee salmon. $7.50. cocoa,
•,8e; mas’ beef. $3.80; syrup. 30c per gal
lon. Sterling ball potash. $3.30 per case;
•joap. $1.5047 4.00 per case; Rumford bak
ing pnv.<|<-r. $2.50 per »-ase
SALT One hundred pounds, 49c. salt
brick (plain), per case. $2.25; salt brick
(medicated), per case. $4.85; salt, red
roes . per cwt . $1.00; salt zone, per case.
30-lb sacks. 90r. Gru-Crystal. 25 -lb.
-acks, 80c; 50 pound sacks, 29c; 25-pound
sacks. 18c.
BUTTER, POULTRY AND EGGS.
NLW YORK. July 5 Pressed poultry
steady: turkeys 134123. chickens 104/14.
fowls I1’ 2 4/16’2. ducks I8 l , 2 4il'.*. Live
poultry ii regular: chickens 244/26. fowls
15 asked, turkeys 13 asked, roosters 10’ 2 .
ducks 14 asked, geese iO asked.
Rutter firmer: creamery specials 25'% 4/’
26’ 2 , rreamerv extras 274/ 27'4, state
dairy (tubs) 224/26U. process specials 25
bid iCggs iirmet ; nearby while fancy 26
fr, 27. nearb.' brown fam \ 234/23 1 12, / 2 , extra
first s 22 1 2 4/ 23’ 2 . first s 20 * c (n 21 1 2 .
Cheese quiet; whole milk specials 15
hid. whole milk fancy 11% bid. skims
specials 11 i 4/ 12%. skims fine 10' 4/11 ’4.
full skims 6 1 2 / */8 1 2
LIVE STOCK MARKET.
(’HIU.VJO, ,hfl\ 5. Hogs Receipts.
17.000 Market strong to 5/ higbet .
mixed and butchers. 7.1047 7 55; good
heavx . 7.454/ 7.55; rough heavy. 7 104/ 7 40;
light. 7 00 417.50; pigs. 5.35417.10; bulk. 7 30
4/ 7.50
<’a’tU Receipts. 2.00 n Market strong;
beeves. 6 404/9.65. rows and heifers. 2.504?
fi *_'s; stackers and feeders, t Tex
ans. 6.504/8 ?5; calves. 7 354/8 50
Sheep Receipts, 8.000 Market 10r to
2<)r higher, native and Western, 3
5 lambs, 4 604/7 s.j
COTTON GOES UP
DN 810 NEITHER
Spot Houses Buy Near Posi-:
■ tions on New Crop. Featur
ing Market Trade.
NEU YORK, Jul) 5.- The < otton r j’-
ket opened this morning steady, sfinwlov
a gain in prices of 4 to 9 polni ■>>. » r
the final of Wednesday The buying
seemed to be of those who favor the bull
side. However, (here was very little cot
ton for sale.
Heavy showers oin Hie eastern belt and
around the Atlantic coast caused a firm
tone to develop in pi ices around the open
ing ,
At noon the market still maintained a
steady tone, showing October the strong
est option. Spot people continued 'here
demand for new crop's near position,
trading chiefly in Jul) and October There
was some doubt In mind of many as to
the correctness of the Government figures
as the average of the first report have
run higher. No break of consequence is
looked for at present, as long as the spots
continue in good demand.
At the close the market was steady,
showing a net gain of 2 to 4 points over
the final figures of Wednesday.
- RAN GE NEW YORK FUTURES.
c I J . I _ • > •
O ' it er 3 u®
o| * u I -ho u
inly 111 61 11.61 11.54 11.55 11.55-i>6:11.52-'53
Aug. JI. 65 11 67 11.62111.63J1 62-63 H 1.58-60
Sept. 11.7.1)11.7511.1.70'11 72 11.70-72' 11.67-68
Oct. >11.85111.89111.81111.82111-81-82'11 77-79
N’ov. | i JU 86-87 11 83-81
Dec. 9,2 11.97)11.90 11.90 11.90-91 11.87-88
Jan 111.88111.94)11.86!11.87|ll.86-87 J 1.84-85
Feb. I. . .-..1 I | 111.90-92111.87-88
Meh 11.9 S 12.01.11.96 11.98111 95-97 11.92-94
M<y |1?.p2|12.04|12..00|12.00|11.99-1?|11.9g-97
Closed steady.
The world's visible supply of American
cotton during the week shows a decrease,
of 165.388 halt's, against a decrease of
125.935 bales for the same week last year,
compared with a decrease of 165.735 for
the same week the year before.
Other kinds show a decrease during
the week of 73,000 hales, against a de
crease of 40,000 bales for thf same week
lasi year, conrpared with a decrease of
27.00(1 bales for the same week year ze
fore last. The total visible supply shows
a decrease of 238.388 bales for the week,
against a decrease of 165,935 bales for
the same week last year, compared with a
decrease of 192.737 bales the year before.
World's visible supply:
| 1912, ] 1911. | 1910.
American 12.194.32911,209.399)1,220,>808
Other kinds- ..... . 993.000 1.0-A.ir'O 4,0.31.000
Total, all kinds. 3,187,32912,232,399|2,251,000
World's spinners’ takings:
I 1912 “1911 | 1910
•For weeio 7? 199",dbdl 155,0W| 179,W0
Since Sept. J. J 3 1(1,394.000
■ Movement into slglTt:
1 1312 ) 1911 | 1910
Overf'd week.l ' 4.572 4,338) 16.102
Since Sept. 1.1 970.822 923.596' 801.422
In sight week: 32,502 20.373 13,343
Since Sept. I 15.241 433 11.658.831 10.142.806
So. constimp.! _ 20.0001 19,000) 21.000
Weekly interior movement:
1'1912. | 1911. I 1910.
Receipts 11,069) 4,081) 12,829
Shipments 23,585' 15,195 34,803
Stocks . . 158,354 114.758 136,394
Monthly crop movement:
I 1912. _|_ 191L_ |_ 1910.
To June 30 . J 170,4251 138,171) 203,750
Since Sept 1.. Hi. 217.700 n. 647,271 10,142.04 1
Liverpool cables due % higher on Oc
tober and I to. 244 h+glier on others:
opened steady 2 to 3 off from Thursday;
12:15 p. tn. the market was barely steady
6 to s points higher from Wednesday's
close: spot in good demand, 2 higher:
middling. 6.85; sales. 10.000 bales, includ
ing 8,000 American; imports, 7.000: none
American.
Estimated port receipts today 2.000.
against 12.190 last week. compared
against 381 last year and 5,176 in 1910.
At the close Hie market was steady
with a net loss of 2 to 4' 2 points below
the previous close.
RANGE IN LIVERPOOL FUTURES.
Futures opened quiet.
Opening. Pr«v
Range 2 PM. ClAse. Close
July . 6.6614-6.64 6.64 (1.63 6.6614
July-Aug. 1.62 -6.62>2 6.62 6.62 6.65
Aug.-Sept 6.61 -6.6044 6.60' 2 6.59 6.63'4
Sept.-Oct. 6.53 -6.52'2 6.5214 6.521-2 6.55
Oct -Nov. 6.47 -6.4744 6.4744 6.47 6.50'4
Nov.-Dec. 6.44 -6.45 6.45 6.44 6.47
Dee.-Jan. 6.40 -6.4344 6.43 6.43 6.46
Jan.-Feb. 6.43 -6.4344 6.4344 6.43 6.46
Feb.-Meh 6.45 -6.45',4 6.4344 6.4614
Meh.-Apr 6.44 -6.45 6.15 6.44 6.47
Apr.-May 6.4614 6.45'4 6.45 6.47'4
May-June 6.46 6.48
Closed Steady.
RANGE IN NEW ORLEANS FUTURES.
i> ti ► 3 i I
0 -1 ptc u a-u
.1 ui> n e0fi2.61 i2?59 1 iTso 12.46-50
Aug 12.35 12.36 12.35 12.35 12 35-36 12.22-24
Sept. 12.1511.2.22 12.35 12.35 12.35-36 12.22-24
Oct 11 97 12.08 11 97 12.02 12.01-02 11.94-95
Nov 12.00 11.95-96
Dec t 1.98'12.08)11.98)12.02)12.01-02)11.93-96
Jan 1.2.04 12 I I. 12.02 12.04 1 2.04-06 1 1.98-99
Feb 12.08 12.02-03
M< h. 12^1 1) 1 2. 11 12.10 1 2.14'12.11-12'12.06-07
< 'losed steady.
SPOT COTTON MARKET.
Atlanta, steady: middling 11%.
New York, stead), middling 12c
New Orleans, firm; middling 12V4
Liverpool, steady: middling 6 86d.
Savannah, quiet; middling 12c.
Augusta, quiet, middling 12%.
Mobile, steady; middling 11%.
Galveston, firm; middling 12%.
Norfolk, steady, middling 12%.
Wilmington, nominal.
Little Hock, quiet, middling 11%
Charleston, nominal; middling 11%,
Philadelphia, steady; middling 12.25.
Boston, steady; middling 12c.
Baltimore. n,omlnal: middling 12c.
Memphis, steady; middling 12%.
St. Louis, quiet: middling I2' s .
Houston, steady; middling 12 i-16
Louisville, firm; middling 12e.
PORT RECEIPTS.
The following table shows receipts at
the ports today compared with Hie same
day last year:
I 1912.' | 1911. '
►New Orleans. . . .1 SOO 211
Galveston .... 812 I 5
Mobile 3 . .
Savannah 86 106
Charleston ..... 1 ) 3
Norfolk 522 . 22
Baltimore 174 . ...
Boston 4
Pensacola 600 I ....
Various . 863
Total. ■ 2.818 I 3?£44
INTERIOR MOVEMENT.
i 1912, ~
Houston I , 12
Augusta 128 3
Memphis ,4JJ 48
St. Louis 168 301
Cincinnati. . . 17 44
■“totai:': • : n tos
COTTON MARKET OPINIONS.
Thompson, Towle & Co.. We think the
June report of government was ton high
We believe the crop under cultivation
had only a fighting chance for a normal
yield.
Bailey 44 Montgomery: It looks as If
further crop improvement will be required
to remove confidence in prevailing val
lies
Miller S- Co We still feel the long
si ( ]c the best, prefer bu> Ing Decern
her
Hayden, Stone & Co it looks as If
prl* will work higher
LEADING STOCKS
REACT AT CLOSE
i Small But Active Trade. With
firm Undertone. Until Final
I
Hour of Session.
:—
Sv CHARLES W. §TORM.
NEW YORK. July 5 Buoyancy of
Canadian Pacific in London was reflected ;
in a 1-point rise in that issue in the New j
Yorjr market at the opening today. Out
of Canadian Pacific the list was ir
with prices representing gains
and losses in about equal fractions.
United States Steel common. Amalga- ;
mated Copper and Baltimore and Ohio
each declined %. Union Pacific was sup
plied for a recession of ■"■«. Erie, common
gained %. while the preferred was up %
Lehigh Valley and Reading each gained
%. There was a good deal of speculative
Interest attached to dealings In the Hill
stocks Great Northern preferred. North
ern Pacific and Great Nortern Ore all
made fractional gains, selling at the high
est level they have reached in a number
of months.
The curb was easy.
Americans in London were narrow.
Canadian Pacific was strong in London
In the late forenoon a number of buying
orders appeared, and many stocks which
had shown weakness in the early trading
rallied slightly and a steadier tone pre
vailed.
Business was exceedingly dull In the
afternoon, the professional* being about
the only traders in the market From
this source a number of lb 11 • ■'•"’g rail
roads and industrials were offered lot
sale a' slight concessions. Selling of
Union Pacific by professionals was ac
companied by a good deal of talk about
prospective tariff legislation and board
room sentiment on this stock was decid
edly bearish. There was also some pres
sure exerted against Lehigh Valley, which
yielded 1 point.
The market closed irregular, govern
ments unchanged; other bonds steady.
Stock quotations;
( ~~j| (Last. | CHs jFrev
__STOCKS_-_ JCl’w
Amal. Copper. 84 7 b| 85 j 83% 82%l 85
Am. Ice Sec.. 27 27 ) 27 26%l 27%
Am. Smelting 86 84%) 84% 83%' 85%
xAm. Locomo. 44%) 43%l 43% 43%' 43%
Am. Car Fdv.. 58%: 58%) 58% 58 ) 58%
Am. Cot. Oil.. 54%! 54% 54% 53 ) 53%
Am. Woolen ' .... 27%l 27%
xAnaconda ... 427a) 42 i 42 41 | 43%
Atchison 109 108% 108% 108%)108%
A. C. L 140% 140% 140% 139% 140%
Am. Can 35% 34% 35 34 I 34%
do. pref. .. 117 117 117 111%)117
Am. Beet Sug. 74% 73% 73% 73%) ”4%
Am. T. and T. 145% 145% 145% 145%)145%
Am- Agricul. ..) 60 ) ....
Beth. Steel .. ' 37% 37% 37% 37% 38
B. R. T I 93% 92% 92% 93%| 93%
B. and o 1108% 108% 108% 108% ;108%
Can. Pacific ..1267% 260% 266% 267 1266%
Corn Products | 15% 15% 15% 15% 15%
C. ami O, .... 81%- 80% 80% 80% 80%
Consol. Gas ..|145% 143% 143% 143% 114%
Cen. Leather .1 27% 27 27 26% 26%
Colo. E. ami 1. 31% 31% 31% 30 31 %
Colo. South. ..I 38% 38%
1). and H I : . . . . 167% 167%
Den. and R. GJ ... 19 19%
Distil. Secur. .' 33% 33% 33% 32% 33%
Erie 35% 35 ; 35 35 35
do. pref. ..: 53% 53% 53% 52% 53
Gen. Electric .. 181. 180 ) 180 178% 179%
Goldfield Cons 4 ) 4
G. Western I 17%| .18%
G. North., pfd. 138% 137 1137% 136%1137%
G. North. Ore. 45% 43% 43% 41% 43%
Int. Harvester ... .' ... J .... 120%'J 19%
111. Central . . 129%:129 129% 128% 128%
Interboro 21% 21% 21% 21%) 21%
do, pref ...J .... 59% 60%
lowa Central 11 10
K. C. South... 25%' 25 25 25 ) 26
K. and T. ...) 27%' 27% 27% 27% 27%
do, pref. ..) .... I 57%) 60
L. Valiev. . ,1170 1168% 168% 165%|1-70%
L. and N.. . . !161%)160% 160% 160 1160%
Mo. Pacific . .' 37%) 37 37 36%' 37
N. V. Central . 117 117 11.7 I16%)117%
Northwest. . J137%!137%J.37%)136%|137%
Nat. Lead. . ;| 59 58%) 58% 58% 59%
N. and W.. . .115% 115 Jls ) 114%) 115%
No. Pacific . . 123%)122%1123% 122 1122%
O. and W.l . J .'. . . I 33%' 34
Penn 124% 124 124 1124 124%
Pacific Mail . J > 31 % 32%
I’. Gas Co.. . . 114% 113% 114% 114%)H:I%
P. Steel <’ar. . ..' ' 35%) 36%
Reading . . . .166% 165'., 165% 165% 166%
Rock Island . 25 25 ' 25 | 24%) 25%
do. pfd.. . J ..■.,) ....', .50%) 50%
R. I. and Steel 28 28 ) 28 I 27%) 28%
do. pfd.. ' 86 i 85 85 I 84 i 86%
S. -Sheffield. J .. .. I 55 56
So. Pacific. . J109%|109%J09%)109%1U0'4
So. Railway. . 29 . 28%: 29 j 28% 29
do. pfd.. . . 75%' 75% 75%' 75%) 75
St. Paul. . . . 105% 105% 105% 104% 105%
Tenn.. Copper 44 43% 43%| 42 44
Texas Pacific , 23%
Third Avenue 40%' -’9%' 39% 38%' 39%
U. S. Rubberxx) 55 . 55 . 55 54 I 67
Utah Copper .' 63 I 62%) 62%) 62 % 63
U. S. Steel . .' 71% 70% 70% 69%) 71%
do. pfd . . . 112% 112%.112% 111% 112%
V. Chem..J 49% 49%l 49%| 49%' 49
West. Union . I .. . ! ....'B2 I 82%
Wabash . . J 4%). 4%' 4%) 4%| 4%
do. pfd.. . . 13% 13% 13% 13%) 13%
West, Electric 77%) 77%) 77%) 76%) 77%
Wis. Central ...J ....! 51%) 51%
W. M a ryland.) . ...| ....( ...J 57 ! 56%
Total sales. 312,100 shares x-Ex-dlvi
dend. % of 1 |>er vent, xx-Ex-dlvldend.
11 per cent and ex-rights, 1 per cent.
MINING STOCKS.
BOSTON. July 5. Opening: Smeller,
47%; Giroux, 5 1-16. Smelting preferred,
49%.
METAL MARKET.
NEW YORK. July 5. The metal mar
ket was steady today. Copper spot.
|fi.B7'i(?/17.25: July. 16.97%0;17.20: August.
16.95017.12%: September. 17.05017.15:
lead 1.6504.70: September. 7.2007.30: tin.
1f,.400 45.75.
local stocks AND bonds.
810. Ask«d '
Atlanta * West Point R R... 14«
American National Bank . 215 220
Atlantic Coal & Ice common. 104 10f
Atlantic Coal A Ice pref si vj
At'anta Brewing A Ire C 0... 174
Atlanta National Bank 320 330 |
Central Bank & Trust Corp ,50 ,
Exposition Cotton Milla !«• jgj
Fourth National Bank .... 260 *65
Fulton National 8ank....... i2R ]3O
Ga Ry- A Elec, stamped.. . 124 j 26 1
Ga Ry & Row. Co., common 27 30 I
do Ist pfd 80 85
do 2d pfd 46 <7U |
Hillver Trust Company 125 , -
lowry National Bank. 248 ’fin
Realty Trust Company Ing nn
S'xth Ward Bank 9M% pn
Southern Ice common . 68 7n
Third National Bank, new 220 325
Trust Co of Georgia 225 235
Travelers Bank A Trust Co 124 12i
BONDS
Atlanta Gas Light Ist 55.... 101% 105
Georgia State 4%5. 19>5 .... 101 ini
Georgia Midland Ist Jw «n 41
Ga Rv A Elec. Co. ss. .... 101
Ga Rv A Elec, ref 5s 99 99%
Atlanta ( v ..solidated 5s 102% ...
Atlanta City 3%5. 1931 91 92%
Atlanta City 4%5. 1921 102 103
Southern Bell 5s ... *•% »»%
NEW YORK COFFEE MARKET.
Coffee nuoiat ions:
I Opening. 1 Closing
January .... . 13.60013 70J3 740 13.76
February. 13.60
March 13.70 13.780 13 79
April 13.66
Mav 13.75 13.8201383
June 13.730 13.75 13.37013.38
Julv (3.50 13.43013.45
August 13.250 13.50 13.520 13.53
September ... 13.40 J 3.58 0 13.59
October 13.45013.60 13.720 13.73
November . 13.6001.3 65 13.740 13.76
December. . . . .'13.65 18*63(013.64
Closed stead) Sales. 9 *OO hags
If you sent a letter or telegram to the
wrong address, you would hardly expect
an answer, would you ’ The same Is true
when you select the wrong medium to
have all vnur wants filled T-rv tb* right
The Georgian Want Ad
THE WEATHER |
Conditions.
T 5 ASHINGTON. July 5. -Unsettled,
showery weather wiir continue tonight
and prevail over the East and South, with
somewhat lower temperatures over the
lower lake region. New England and the
middle Atlantic states
General Forecast.
Georgia—Showers tonight or Saturda>
North and South Carolina, Alabama
and Florida—Showers tonight nr Satur
day.
Mississippi—Local’ shnwers tonight or
Saturday.
Louisiana. West Texas and East Texas
Showers
DAILY WEATHER REPORT.
Lowest temperature 69
Highest temperature 84
Mean temperature 76
Normal temperature 77
Rainfall In past 24 hours, inches . . 0.1)0
Excess since Ist of month, inches. ... 27
Excess since January 1. inches 16.87
REPORTS FROM VARIOUS STAT 10NS.
ITetnperature R fall
Statipns— I Weath. I 7 I Max. I 24
I |a. m. ly'day.lhours.
Augusta 'Cloudy J 74 I
Atlanta (Raining 7fi 84 I ..
Atlantic City.'Clear ! 72 ) 76
Anniston . ...ICloudv | 72 ) 86 I .26
Boston (Clear 74 94
Buffalo Pt. cldy.l 74 80
Charleston ...It'ldy. ) 78 82
Chicago ICloudy 76 i 88
Denver Pt. cldy.' 48 ' 66 .10
Des Moines ... Pt. cldv. 74 ' 96 ...
Duluth ICloudy 62 78 .06
Eastport K'lear ' 56 I 74
Galveston ....'Clear ‘BO 74 I ...
Helena (Clear ! 52 72 1 ....
Houston 'Clear 78 I ! .. . .
Huron iPt. cldy 66 ' 88 ’.58
Jacksonville ..'Clear 80 82 . ...
Kansas City. .(Clear ' 72 I 88 . ...
Knoxville .....'Cloudy 70 i 82 .02
Louisville . (Cloudy 72 ) 78 .08
Macon Clntfdy 74
Memphis .... Cloudy 78 88
Meridian ICloudv 74 I .. .
Mobile iPt Mdv 74 I 84 .10
Miami 'Pt. cldy 80 88
Montgomery .ICloudy 74 I 86 . ...
Moorhead ....'Clear 68 86 .12
New Orleans. iPt. cldy. 78 88 .18
New York... 'Clear 70 84
North Platte.. I Pt. cldy ‘ 58 82 .20
Oklahoma ....'Cloudy 74 88 ....
Palestine ....'Clear '74 90 ....
Pittsburg ....IPt. cldy.l 72 86 . ...
P tland. Oreg.'Cloudy ' 56 72 .02
San Francisco I Cloudy 50 60 ....
St. Ijouis 'Clear I 78 ' 90 I ....
St. Paul 'Clear ' 74 ! 84 I .60
S. Lake City .'Clear ' 52 I 72 I .04
Savannah ... .IPt. cldy.l 76 I ( .01
Washington ~|Pt.'Cldy.| 76 1 88 I ....
C. F. VON HERRMANN. Section Director.
ATLANTA LIVE STOCK MARRST.
(By W. H. White. Jr„ of the White Pro
vision Comoany.)
Quotations based on actu%i purchases
during the current week:
Choice to good steers, 1,000 to 1.200. 5 75
©6.75; good steers, 800 to 1,000, 5.500)6.50;
medium to good steers, 700 to 850, 5 00©
6.00; good t<-> choice beef cows, 800 to 900.
4.75@5.50; medium 1 to good beef cows. 700
to 800, 4.000 5.00: good to choice heifers.
750 to 850. 4.7505.75; medium to good
heifers, 650 to 750. 4.0004.75.
The above represent ruling prices on
good quality of beef cajtle. Inferior
grades and dairy types selling lower
Mixed common steers, if fat. 700 to 806.
34.000'4 75: mixed common cows, if fat. 600
to 800. 33.500 4.50: mixed common hunches
to fair. 600 to 800. 2.75@3 50; good butch
er bulls, 3.25(03.75.
Prime hogs, 100 to 200 average, 7 50©
7.65: good butcher hogs. 140 to 160. 7.25©
7.40; good butcher pigs. 100 In 140. 6.75©
7.00; light pigs. 80 to 100. 5.500'6.00; heavy
rough hogs. 200 to 250, 6.50©7c.
Above quotations apply to corn-fed
hogs Mast and peanut fattened hogs. 1©
l%e and under.
Prime Tennessee spring lambs, 60 to 75,
6.50@8.50; good Tennessee lambs, 50 to 60.
5.5006.00: mutton, sheep and yearlings
(ordinary). 3.00 0 4.00.
Cattle receipts continue light, market
strong and active on best grades.
Very few’ good steers coming in. the
week's receipts consisting principally of
cow's stuff, varying in quality and condi
tion. Good, weighty cows In good flesh
are ready sale at prices about a quarter
higher than a week ago. Inferior grades
are-a slow sale at present quotations.
Tennessee spring lambs in fair supply.
Quality of present receipts unusually
good. Market strong on best grades
Ho£ supply about normal. Market
practically unchanged.
NEW YORK PRODUCE MARKET*.
NEW YORK, July s.—Wheat weak;
July 1.14 asked, spot No. 2 red 1.13 in
elevator. 1.17 f. o. h. Corn weak; No.
2 in elevator nominal, export No. 2 80
f. o. I>.. steamer nominal. No. 4 nomi
nal. Oats weak; natural white 550 57.
Rye quiet. No. 2 nominal f. o. b. New
York. Barley steady; malting nominal
c. I. f. Buffalo. Hay easier; good to
prime 1.0001.45, poor to fair 1.1001.35.
Flour steady: spring patents 5.500 5.75,
straights 505.50. clears 4.8505.
Beef steady; family 18013.50. Pork
firm: iness 20.50021, family .:O0:21. Lard
steady; city stea’m 10%010%. ' Tallow
steady: city (in hogsheads) 6'4 bid,
country (in tierces) 5%®6%
NEW YORK GROCERIES.
NEW YORK. July 5. -Coffee weak: No
7 Rio spot 14%0 14%. Rice firm: domes
tic ordinary to prime 4%®'5%. Molasses
steady: New Orleans open kettle 350 45.
Sugar raw quiet: centrifugal 3.77. mus
covado 3.27. molasses sugar 3.20. refined
quiet; standard granulated 5.900 5.95, cut
loaf 5.80, crushed 5.70. mob! A 5.35, cubes
5.25, powdered 5,25, diamond A 5,0505.10.
confect loners X 4.85. No. 1 4 85. No. 2
4 8(1. No. 3 4.75. No. 4 4.70.
ESTABLISHED 1861
The Lowry National Bank
OF ATLANTA, GA.
CAPITAL - $1,000,000
SURPLUS - 1,000,000
Designated Depository of the United States,
County of Fulton, City of Atlanta.
INTEREST PAID ON SAVINGS.
WE OFFER
STOCKS
100 ATLANTA & WEST POINT R R. CO.
500 SOUTHERN SECURITIES COMPANY
200 ATLANTIC ICE & COAL COMMON
100 ATLANTIC ICE & COAL PREFERRED
300 SOUTHERN ICE COMPANY COMMON
200 SOUTHERN ICE COMPANY PREFERRED
100 THIRD NATIONAL BANK OF ATLANTA
200 MACON RY. & LIGHT 6 PER CENT PREFERRED
100 GEORGIA RY. & EL 8 PER CENT GUARANTEED
200 GEORGIA RY. & EL. 5 PER CENT GUARANTEED
200 GEORGIA RY. & POWER 4 PER CENT 2D PFD.
100 EXPOSITION COTTON MILLS
100 SOUTHWESTERN R. R. COMPANY
J. H. HILSMAN &CO.
LANTA
PRICES OF GRIS
fflE BIG SLUMP.
Improved Argentine Reports,
Weak Cables and Favorable
Weather Cause Decline.
ST. LOUIS CASH QUOTATIONS.
Wheal No. 2 red 113%0.11 4
Corn ............. 73 %0 74
Oats 47
CHICAGO, July 5.--There were losses
of l%c to l%c in wheat tins morning on
the weakness in cables and general rains
throughout the Northwest save' in North
Dakota, where rain is not needed at the
moment. Argentine shipments were lib
eral. and there was some Increase in the
visible supply.
(Torn was •% to 1 %c lower on the grow
ing weather, which caused heave selling
on the part of longs.
Oats were lower with the other ce
reals.
Provisions were fractionally better in
sympathy with the strength in hogs.
The wheat market was heavy today, the
close showing net declines ranging from
1% on July to 2% to 2% on September,
final prices being about the low point for
the day The main bearish influences
were good rains In the spring wheat
country, coupled with weakness in the
foreign markets. There was considerable
short selling.
Corn was 1% to 2% to 2% lower at ths
close. Favorable growing conditions tn
the belt frightened the longs in to un
loading.
oats were % to l%c lower. Heavy liq
uidation induced by goow growing weath -
er was the cause
Provisions were heavy- all day and
showed losses all around at the 'closa
The market lacked support.
CHICAGO GRAIN MARKET.
Grain quotations:
r
M’HFXT 1 Low. Close Close.’
July 1.05% 1.06% 105% 1.05% 1.07
Sept 1.02 1.02% 1 01 1.01 t.03'4
Dec 1.03% 1.03% 1.02 i 02 1 04'?
CORN— 4
July 71% 72 70 70% 72%
Sept. 69% 6H% 67%- 67% 69%
Dec 60% 60 % 56% 58% 60%
OATS- - *
July 44 44 42% 42% 44%
Sept 37% 37% 36% 36% 37%
Dec 38% 38% 37% 37% ■ 39
PORK -
Jly 18.35 18.35 1.8.32% 18.32% 18.40
Spt 18.95 18.95 18.72% 18.77% 18.82%
Oct 18,.0 18.70 18.70 18.70 18.75
LARD—■
Jly 10.10 10.70 10.70 10.70 10 75
Spt 10.92% 10.92% 10.85 10.90 10,95’
Oct 11.02% 11.02% 10.95 10 97% 11 o*%
RIBS— " ' ■
Ji.v 10.42% 10.42% 10.37% 10.37% 10.40
Spl 10.62% 10.62% 10.50 10.55 10.60
Oct 10.42% 10.42% 10.37% 10.'37% 10.50
CHICAGO CASH QUOTATIONS.
CHICAGO, Julv s.—Wheat. No, 2 red
1.06%® 1.08%; No. 3 red. 1.0301.07; No. 2
hard winter, 1.0601.08: No. 3 hard win
ter, 1.0301.06%; No. 1 northern spring,
1.1301.15; No. 2 northern spring. 1 tl©
1.14; No. 3 spring. 1.0401.11.
Corn, Nn. 2. 70%; No. 2 white. 75%@76;
No. 3 yellow. 720 72%; No. 3. 690 71% "No
3 while. 74%075'5; No. 3 yellow. 71'%©
71%; No. 4, 660'70; No. 4 white. 70@Tl;
No. 4 yellow. 65%070.
Oats. No 2. 480 49; No. 3 white, 45'-’’
47; No. 4 white. 460.46>t; Standard 47%
©4B'4 " ... .
CHICAGO CAR LOTS.
Following are receipts for Fridav and
estimated receipts for Saturday:
i Friday. J~SatUrdav7
Wheat ■ 6 1 17
Corn ... s ... . 176 | 274'
Oats j 90 176'
Hogs | 15,000 | 13.000
LIVERPOOL GRAIN MARKET.
Wheat opened %d to I%d lower: at 1:30
p m. was %d to 2d off. December %d
lower. Closed %d to 2d lower.
Corn opened -Nd to %d lower: at 1 ;30
p. m. was %d lower on July to %d lower
on September. Closed %d lower.
COTTON SEED OIL.
NEW YORK. July 5. —Carpenter. Bag
got Co.: The cotton seed oil market
was firm with early prices up 4 to 7 points.
Offerings were small, and there was im
proved outside demand as well as cover
ing. The buying movement appeared io
have been prompted by the firmness in
cotton, some improvement in domestic
consuming demand, and the belief that the
market had been oversold.
Cotton seed oil quotations:
I Opening i Closing
Spot I 6.8307.00
July I 6.8806.90 6.860 6.90
August i 6.960 7.00 6.93 0 6.94
September . . . . 6.7307.15 7.08@7.09
October i 6.9706.99 6.93@6.95
November | 6.40 0 6.44 646 0 6.47
December 6.3806.40 . 6.3506.37
January- 6.3706.40 6.35©.6.3.7
Closed weak: sales 18,600 ban-els.
17