Atlanta Georgian. (Atlanta, Ga.) 1912-1939, July 05, 1912, FINAL, Page 17, Image 17

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FACT AHD GOSSIP IN MONEY MARTS Capital Not Alarmed at Nomi nation of Wilson—New Pol icy in Effect. By B. C. FORBES. NEW YORK. July s.—Capital will show no fight over the nomination of Woodrow Wilson. Nor would it have been stam peded by the selection of Clark, Under wood. Harmon or any other candidate. Capital's new policy is to woo the pub lic more and the politicians less. If it can square itself with the great mass of the people it will not spend millions in win ning over the good will of the politicians. "Thrice is he armed who hath his quar rel just." Capital is conscious that its position ts less open to condemnation than it was five years ago or ten years ago. There has been a financial housecleaning. All nooks and corners have not yet been swept clean —they never will be until a prescription for remaking human nature has been discovered. But in certain di rections the cleaning process has accom plished much. Take our great railroad corporations. How often do we now hear es them corrupting, the dominating state legislatures? How often are wholesale lootings of railroad properties attempted today? Have not the relations between the railroads and the public undergone remarkable improvement? w * * Then capital has become reconciled to real reductions in tariff schedules. It ex pects few favors in this connection from the progressive Republicans and fewer still from the Democrats. But standpat ism is no longer a fetich. What our fitianciers do not view with comfort is the prospect of three parties in the field for the next four months. The one thing that the financial world can not withstand is acute uncertainty. Once it knows what is to be done it can adjust itself in advance; but if it be kept gyess ing. if 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 plication. the doubt that a triangular con test will involve. There is still a feeling in certain influential circles that Roose velt will withdraw, despite his protesta tions to the contrary. Today optimistic interviews will, no doqbt, be* given out by Wall Street peo ple assuring everybody that everything Is all right and that Wilson need not be re garded as a menace. But it will be pass ing strange if no outburst of nervousness is witnessed between now and November 4 Incidentally, should the stock mar ket suffer a severe slump, a great many potential investors would act promptly. Quite a few are waiting and hoping for just such a break. •» * - Here is the philosophic summation of the politico-economic-financiai situation Irawn up by one of New York's promi lent investment banking firms: It is evident from the political de velopments 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 that in their stead ’new forces are being created which, for better or for worse, appear destined to determine tn what extent the so-called "pro gressive" politics are to govern the attitude of the nation toward vested capital. That business itself is not worrying over-much about the future solution of these problems is evident from the steady flow of trade inu.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> the volume of our foreign trade, which reached during the fiscal year just ended the enormous total of four billions of dollars, easily the largest total in the history of our country. As these results were achieved while the general complaint of indifferent business was being pretty generally voiced all over the country, it seems pertinent to ask whether a more active development would really have been healthy. Ate are of no two minds in assert ing that anything in. the shape of a boom would have produced a much less sound condition, and would in evitably have laid the seeds for fu ture retribution. • • • l-nanimlty politically has not yet been trrived at by Big Business. If all three candidates run "Wall Street" will have difficulty in agreeing upon a favorite. Real Estate For Sale. Real Estate For Sale. WHITEHALL STREET AND RAILROAD FRONTAGE RIGHT at the street car underpass we have 75 feet on White hall street with 82 feet on Central of Georgia railway, at just 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. , 1409 CANDLER BUILDING. PHONE IVY 4978 ’-9,0(10— WEST PEACHTREE STREET. It's a close-in proposition. You can not i'este this piece anywhere within two blocks. This is paying a nice rental w hat will It do when the street is graded? Call Mr. Moore. CENTRAL CORNER, within a stone’s throw of the Candler building * s a bargain and we have got to sell it at once. See Mr. Reid. I'EC'ATUR STREET property; very near in, 38x75. Two stores renting for $l5O month—only $32,000. Terms easy. Cali Mr. Hambley. six-room bungalow on Forrest avenue; all modern conveniences. ’Tice $4,000: easy terms. See Mr. Hamilton. FOR EXCHANGE. Uh avp K°od 5-room house in good renting section, valued at $2,500, for ex cnange for small improved farm near Atlanta. Have two other houses (price $5,000) to exchange for good farm near Atlanta. ALSO a good 6-roonKhouse. all conveniences, close in. south side, near Capitol ave- JP rlc * $3,500) for sale or exchange for north side vacant or improved prop e**y at same value. GEORGIA HOME AND EARM COMPANY, 114 CANDLER BUILDING. PHONE IVY 5767. COTTON CROP FAR BELOWAVERAGE Excessive Rains and the Cool Weather Cut Prospects to 64 Per Cent. That the Georgia cotton crop will he far below that of last year is indicated by the July report of the state depart ment of agriculture made public today. Commissioner Connor's figures show cotton prospects 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 hay 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 cases, wilt or black root. Excessive rains ano 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 s.—Presi dent Taft motored to the Myopia golf links today for his first game of 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 had 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 cago 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 Demo 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 therp can be a "get-together” movement this time is somewhat doubtful, although birds of a feather do have a habit of flocking together. 9 9 9 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 ac quiesces or protests. USE GEORGIAN WANTS FOR RESULTS THE ATLANTA GEORGIAN AND NEWS. FRIDAY, JULY 5. 1912. | ATLANTA MARKETS EGGS—Fresh country candled, 18@19c BUTTER—Jersey and creamery, in 1-lb. blocks. 20@22%c; fresh country dull, 10® 12%c pound. DRESSED POULTRY—Drawn, head and feet on, per pound: Hens 16017 c. fries 25©27c, roosters S@loc. .turkeys, owing to fatness, 18020 c. LIVE POULTRY—Hens 4004.7 c, roost ers 25@35c, fries 30@50c. broilers 20025 c, puddle ducks 25030 c. Pekin ducks 400 45c, geese 50 0 60c each, turkeys, owing to fatness, 14@15c. FRUITS AND PRODUCE. FRUIT AND VEGETABLES—Lemons, fancy, $4.5005 per box. Florida oranges, $303.50 per box. Bananas. 3@3%c per pound. Grapefruit. sf>@6 per crate. Cab bage, 101%c per pound Florida cab bage, $203.50 per craft. Peanuts, par pound, fancy X irginia. 6%@7c, choice s*- 06c. Beans, round green, 75c@51.00 per crate. Florida cedary. $202.50 per crew Squash, yellow, per six-basket crates. $1.0001.25. Lettuce, fancy. $1.2501.50 choice $1.25 01.50 per crate. Beets, s3© 3.50 per barrel. Cucumbers, 75c® SI.OO per crate. English peas, per drum, $lO 1.25. New Irish potatoes, per barrel, $2.75 @3.00. Egg plants. 52@2.50 per crate. Pepper, $1.7502 per crate. Tomatoes, fancy, six basket crates, $1.5001.75; choice tomatoes, $1.75@2. Pineapples, S2O 2.25 per crate. Onions, $1,250 1.50 per bushel. Sweet pota toes, pumpkin yam, $101.25 per bushels. Watermelons, $lOOl5 per hundred. Can telotipes, per crate. $1.7502.00. PROVISION (MARKET. (Corrected by White Provision Company.) Cornfield hams, 10 to 12 pounds average 1614 c. Cornflel 1 hams. 12 to 14 pounds average, 1654e. Cornfield skinned hams, 16 to 18 pounds average. 1714 c. Cornfield picnic hams. 6 to 8 pounds average, 12‘4c. Cornfield breakfast bacon, 23c. Grocer style bacon (wide or narrow), 1714 c. Cornfield fresh pork sausage (link or bulk) 25-pound buckets. 11c. 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 palls, 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, $1.50. Cornfield pickled pigs feet, 15-pound kits, sl. Cornfield pure lard (tierce basis). 12%c. Country style pure iard, 50-pound tins only, 1114 c. Compound lard (tierce basis), 10c. D. S: extra ribs, 11$•;<?. D. S. rib bellies, medium average. 12c D. S. rib bellies, light average, 12 54c. 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; Home 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 patent) $5.50; Farm Bell, $5.40; Paragon (high est patent) $6.10; White Lily (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; 96-pound sacks, $1.00; 48-nound 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, $9.50 per ton. SEEDS —(Sacked); German millet, $1.65; amber cane seed. $1.55; case seed, orange, $1.50; Wheat (Tennessee), blue stem, $1.40; 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 oats, 70c; winter grazing, 70c; Oklahoma rust proof, 50c; blue seed oats, 50c. HAY' —Per hundredweight; Timothy, choice large bates. $1.75; Timothy, choice third bales. $1.60; Timothy No. 1, small bales, $1.75; new alfalfa, choice, $1.65; Timothy No. 2, $1.70; Timothy No. 1 clo ver, mixed. $1.65; clover hay, $1.50; alfal fa hay, choice sea green, $1.25; alfalfa No. 1, $1.25; alfalfa No. 2. $1.25; peavine hay,- $1.20; shucks, 70c; wheat straw, 80e; Ber muda hay, SI.OO. FEEDSTUFF SHORTSHalliday white, 100-lb sacks, $1.90; fancy, 75-lb. sacks, $1.85: P. W. 75-lb. sacks. $1.80; 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. CHICKEN FEED- Beef scraps. 50-lb. sacks. $3.50; 100-lb. sacks. $3.25; Purina scratch, dozen pound packages. $2.35; Purina pigeon feed. $3.35; Purina baby chick. $2.30; Purina chowder, dozen pound packages. $2.20; Purina chowder, 100-lb. sacks, $2.15; Purina scratch, 100-lb. sacks, $2.15; Success baby chick, $2.1.0; Eggs, $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. GROUND FEED—Purina feed, 175-lb. sacks, $1.90; Purina molasses feed. $1.90; ■ Arab feed. $1.90; Universal horse meal, $1.80; Monogram. 100-lb. sacks. $1.70; Vic 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%c; New York refined, 5%c; plan tation. 6c. COFFEE —Roasted (Arbuckle's). $24.25; AAAA, $14.50 in bulk; in bags and bar rels, $2.10: green. 19c. RICE—Heao, 4%@5%c; fancy head, ss; @6%c. according to grade. LAUD —Silver leaf. 1214 c per pound, Soco. 9%c per pound; Flake White, 9%c per pound; Cottblene, $7.75 per case; Snowdrift, $6.50 per case. CHEESE—Fancy full cream, 22c. SARDINES—Mustard. $3 per case; one quarter >id, $3 SARDINES Mustard, $3 per case; one quarter oil. $3. MISCELLANEOUS —Georgia cane syr up, 38c; 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, $3.10; Lima beans. 7%c: shredded biscuit, $3.60: rolled oats, $4 per case: grits (bags), $2.20; pink salmon. $5.10 per case,; pepper, 25c per pound: R. E. Lee salmon. $7.50; cocoa, 38c; roast beef. $8.80; syrup. 30c per gal lon; Sterling ball potash, $3.30 per case; soap, $1.500 4.00 per case: Rumford bak ing powder. $2.50 per case. SALT—One hundred pounds, 49c; salt brick (plain), per case, $2.25: salt brick (medicated), per case, $4.85; salt, red rock, per cwt., $1.00: salt zone, per case. 30-lb. sacks. 90c: Gru-Crystal 25-lb sacks, 80c; 50-pound sacks, 29c; 25-pound sacks, 18c. BUTTER. POULTRY AND EGGS. NEW YORK. July 5.- Dressed poultry steady: turkeys 13023, chickens 10014, fowls 11*4016’4, ducks 18’40 19. Live poultry irregular; chickens 240’26. fowfk 15 tasked, turkeys 13 asked, roosters 10%, ducks 14 asked, geese 10 asked. Butter firmer; creamery specials 25%@ 26*2, creamery extras 27027*4, state dairy (tubs) "2@26%, process specials 25 hid. Eggs firmer; nearby white fancy 26 027. nearby brown fancy 230 23*4, extra firsts 22% 023%. firsts 20*40 21 *L Cheese quiet: whole milk specials 15 bld. whole milk fancy 14% bid. skims specials 1.1% fa 12',. skims fine 10’4011'4. full skims 6*40844. LIVE STOCK MARKET. CHICAGO, July .*).- Hogs Receipts. 17.000 Market strong to 5c highy.r: mixed and butchers, 7.1007.55; good heavy. 7.4507.55: rough heavy, 7.100 7.40; light. 7.0007.50: pigs, 5.35@7.10: bulk, 7.30 0 7.50, Cattle -Receipts, 2,000 Market strong: beeves. 6.4009.65; cows and heifers, 2.500 8.26; Stockers an<* feeders. 15006.60; Tex ans. 6 5008 2': calves. 7.3508.50 Sheep—Receipts. 8,000. Market 10c to 20c higher: native and Western, 3.500 5.20; lambs, 4.6007.85. COTTON GOES UP ON RH WEATH ER Spot Houses Buy Near Posi- ' tions on New Crop, Featur ing Market Trade. NEW YORK, July 5. rhe cotton mar ket opened this morning steady, showing a net gain in prices of 4 to 9 points over ’ the final of Wednesday. The buying i seemed to be of those who favor the’bull side. However, there was verv lit tie cot- j ton for sale. Heavy showers oin the eastern belt and * around the Atlantic coast caused a firm tone to develop in prices around the open- 1 mg. ' < At noon the market still maintained a i steady tone, showing October the strong- I eat option. Spot people continued there demand for new crop’s near position, trading chiefly in July and October. There ' was some doubt in mind of many as to : the cort'octness 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 1 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. RANGE IN N EW YORK FUTURE 3. c -c I ~ I 4 > * o x j | utol 6 -o Tuij’ - iL6L if TLIT. M 11.55111.55-56:11.52-53 Aug. 1t.65111.67111.6211 1.63111.62-63111.58-60 Sept. 11.73H1.75111.70 11.72111.70-72111.67-68 Oct. i11.85!H.89| 11.81111.82111-81-82'11.77-79 Nov. | i <11.85-87(11.82-84 Dee. 11.93 11.97 11.90 11.90.11.90-91111.87-88 Jan 1.1.88 11.94 11.86 1.1.87'11.86-87 11.84-85 Feb 11.90-92 11.87-88 Meh. 11.98112.01111.96 111. 98111 95-97111.92-94 May 12.02 12.04 [l2. 00 1 2.00 11.91i-12|11.96-t<7 Closed steady. The world's visible supply of American cotton during the week shows a decrease of_ 165,388 bales,' 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 bales, against a de crease of 40.000 bales for the same week last year, compared with a decrease of 27.009 bales for the same week year ze fore lasi. The total visible supply show’s a decrease of 338.388 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: _____ | J "1~!)T2. I'l9ll. | 1910. American 12,194,32911,209,399’1,220,808 other kinds .... itliy.oooit .o ::u>''(jj,i'3i .■><*(' Totql, all kinds. 3.187.329:2,232,399^2.251,000 World's spinners' takings: I 19J.2 I 1911 | 1910 For week ..I 199?900 155,000' 179,0 00 Since Sept. 1,113.840.000 11,232,000 10,31)4,000 Movement' into .sight: _- b | 1912' T~ 1911 | 1910 Qverl’d weekll - 4.5721 " 4,3381 16,102 Since Sept; 1. 970,822 923.596’ 801.422 In sight.week* 32.502 20,373? 13.343 Since Sept. 115.2414.33 11,658,83110,142.806 So._ consump.j 20,000; 19,000} 21,000 Weekly intern>r nwvement: 1 1912. 4 1911. i 1910. Receipts 11.069! 4,0811 12.823 Shipments 23.585! 15,195! 34.803 Stocks 158,354;114,758 136,394 Monthly crop movement: ' l" 1912. | 1911. | 1910. To June 30 T.T 170 125 138.1711 203,750 Since Sept 1.. -15,217,700111,647.271110,142,0 4 4 Liverpool cables due * 2 higher on Oc tober and I to 2’i higher on others; opened steady 2 to 3 off from Thursday; 1.2:15 p. m. the market was barely steady 6 tn 8 points higher from Wednesday's close; spot in good demand, 2 higher; middling. 6.83; 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 the market was steady with a net loss of 2 to 4’A points below the previous close. RANGE IN LIVERPOOL FUTURES. Futures opened quiet. Opening. Prev Range 2 P M. Close. Clos* July . . . 6.6614-6.64 6.64 0.63 6.66*4 July-Aug. 1.62 -6.62*0 6.62 6.62 6.65 Aug.-Sept 6.G1 -6.6014 6.60*4 6.59 6.63*4 Sept.-Oct. 6,53 -6.52*.2 6.52*4 6.52*4 6.55 Oct.-Nov. 6.47 -6.47*4 6.4714 6.47 6.50*4 Nov.-Dee. 6.44 -6.45 6.45 6.44 6.47 Dee.-Jan. 6.40 -6.43(4 6.43 6.43 6.46 Jan.-Felt. 6.43 -6.43*4 6.43*4 6.43 6.46 Feb.-Meh 6.45 -6.45*4 ...... 6.43*4 6.46*4 Meh.-Apr. 6.44 -6.45 6.45 6.44 6.47 Apr.-May 6.46*4 6.45*4 6.45 6.47*4 May-Jpne 6.46 6.48 Closed steady. RANGE IN NEW ORLEANS FUTURES. T 5I * t js-iI a I>? oj = u k“i £_J r- Jttlv |12.60 12.6112.59:i2.60*12.60 12.46-50 ' Aug. 12.35 12.36’12.35112.35*12.35-36 12.22-24 Sept. 12.15 12.22 12.35 12.35112.35-36 12.22-24 Oct. 11.97 12.08 11.97*12.02112.01-02 1 1.94-95 Nov I ’12.00 i 11.95-96 Dec. 1 198 12.08'1.1.98 12.02 12 01-02 11.93-96 Jan. 12.01 12.11:12.02 12.04 12.04-06*11.98-99 Feb *.....: 12.08 1 2.02-03 Me _l2. 10 12.14 12.10 12.14*12.11-12 1.2.06-07 Closed steady. SPOT COTTON MARKET. Atlanta, steady; middling 11%. New York, stehfly; middling 12c. New Orleans, firm; middling 12*4. Liverpool, steady; middling 6 86d. Savannah., quiet; middling 12c. Augusta, quiet; middling 12*4. Mobile, steady; middling ll*/ 4 . Galveston, firm: middling 1.2* 4 . Norfolk, steady, middling 12*4. Wilmington, nominal. Little Rock, quiet: middling 11%. Charleston, nominal; middling 11*4. Philadelphia, steady: middling 12?25. Boston, steady; middling 12c. • Baltimore, nominal; middling 12c. Memphis, steady; middling 12*4. St. Louis, quiet; middling 12'*. Houston, steady; middling 12 1-16. Louisville, firm: middling 12c. PORT RECEIPTS. The following table shows receipts at the ports today compared with the same day last year: ' / I 1912. | ~ 191 f ~ New Orleans. . . . 600 211 Galveston 812 5 Mobile 3 1 .... Savannah S 6 106 Charleston 1 j 3 Norfolk 522 1 22 Baltimore * 174 .... Boston .7. 4 Pensacola 600 .... Various ' 863 _[f_o ta! ,| 2,818 T~ INTERIOR MOVEMENT. z 1' !9i2 ’Z'r. Houston i .... * 12 Augusta. : 128 : • 3 Memphis 455 48 St. Louis. . ... . 168 : 301 Cincinnati 1 471 44 “Total. ..... ./ ' 799 ’ 40S ' ? COTTON MARKET OPINIONS. Thompson. Towle * Cll : We think the ; June report of government was too high. ' We believe the crop under cultivation ' had only a fighting chance for a normal : yield. 1 Bailey A Montgomery: It looks as If further crop improvement will he required to remove confidence in prevailing val ues Miller & Co. We still feel the long side is the best, prefer buying Decern- 1 her. Hayden. Stone & Co.: It looks as If 1 prices will work higher. LEMING STOCKS HUCT AT CLOSE Small But Active Trade, Witt Firm Undertone, Until Final Hour of Session. By CHARLES W. STORM. NEW YORK, July 5 Buoyancy <* Canadian Pacific in London was reflects in a 1-point rise in that Issue in the New York market at the opening today. Out side of Canadian Pacific the list was ir regular with prices representing gains and losses in about equal fractions. United States Steel common, Amalga mated Copper and Baltimore and Onit each declined *,. Union Pacific was sup plied for a recession of Erie cotnmor gained *,;. while the preferred was up Lehigh Valley and Reading each gaitiec * 4 . There was a good deal of speculative Interest attached to dealings in the Mil stocks. Great Northern preferred. North ern Pacific and Great Nortern Ore al made fractional gains, selling at the itigl • est level they have reached iu a nunibet of months. The curb was easy. Americans in London were narrow Canadian Pacific was strong tn London. In the late forenoon a number of buyinj orders appeared, and many stocks whirl had shown weakness in the early trading rallied slightly and a steadier tone pre vailed. Business was exceedingly dull In thf afternoon, the professionals being abou; the only traders in the market. From this source'a number of the leading rail roads and industrials were offered sot sale at slight concessions. Selling 01 Union Pacific by professionals was ac companied by a good deal of talk about prospective tariff legislation and boar! 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: | | ILastlCßs I Prey STOCKS- JHlghlLow.lSaie.l Bid. ICl'se Antal. Copper.! 84’41'85 I 83%LJ2% 85" Am. [ce Sec...! 27 27 }27 *Y6*4! 27* 4 Am. Smelling - 86 B<% 84% 83*4 85’4 xAm. Locotno.} 44*„* 43%} 43%’ 4.3%! 43*4 Am. Car Fdy..' 58%' 58*41 58*4 58 58'4 Am. Cot. 0i1..! 54*, 54*4' 54.*, 53 * 53*4 Am. Woolen ..* . ....' .... 27% 27*4 xAnaconda ...! 42’4 42 |42 41 }43 * 4 Atchison *lO9 ,108'r 1085,,108% 10.8% A. C. L 140*4 140*41140*41139*4.140', Am. Can 35*, 34 *, 35 34 34% do, pref. . *ll7 117 -*ll7 ,1.11% 117 Am. Beet Sug. 74%} 73% 73%: 73%i 74% Am. T. and T. 145-% 145%145% 145%,145% Am. Agricul. J ....’ 60 } .... Beth. Steel ... 37%| 37% 37% 37% 38 B. R. T } 93%l 92%’ 92%: 93% 93*, B. and O |loß*4iloß%|loß% !08%}1.08% Can. Pacific .. 267*, *260’4 266% 267 266', Corn Products . 15%| 15$sl 15%j 15%i 15% C. and O. .... .* 81*4 80%* 80%* 80% 80% Consol. Gas .. :145% }143% *143% i 143*4;141% Cen. Leather .* 27%; 27 i 27 * 26%! 26% Colo. F. anil 1., 31’4 31% 31’, 30 I 31', Colo. South. .. ....( ....* ....; 38%, 38% 1). and H .... 167% 167% Den, and R. G.' .... 1 ........ 11* 19% Distil. Secttr. . 33% 33% 33% 32*%: 33% Erie | 35% 35 35 !35 !35 do, pref. .. 53% 53% 53% 52% 53 Gen. Electric . *lßl 180 *IBO 178%i179% Goldfield Cons.! ... .1 ... . 4 1 4 G. Western ' 17% 18% G. North., pfd. 138%*137‘ 1 37% 1136% ; LS'l * ; G. North. Ore..: 45%* 43% -13%. -11% 1". Int. Harvester ...J ....I .... }120%|119% 111. Central ..1129*4 129 !129%:138%*1285, Interboro i 21% 21%- 21.%’ 2t*4! 21% do, pref. .. ....} ....’ 59% 60% lowa Central . | .........I ....ill 10 K. c. South...! 25% 25 ! 25 1 25 ! 26 K. and T. ...! 27%: 27%' 27%} 27%; 27% do, pref ... .! .... 57%. 60 L. Valiev. . .170 168%*1t(8% 168% 17« L. and N.. . . 161 % 160% 160% 160 160$, Mq. Pacific . . 37*4! 37 ! 37 I 36’4! 37 N. Y. Central .1117 .117 |ll7 ,116%}U7* Northwest. . . 137% 137% 137% 136%d37* Nat. Lead. . .} 59 I 58%| 58’41 58% 59% N. and W.. . .115% 115 115 114’4:115’1 No. Pacific . . 123% 122% 123%>122 122% O. and W.l . .; ... .: ... .1 .... 33% 34 Penn 1124% 124 *124 124 1124 % Pacific Mail .. j ....} ....} .... 3t%* 32% P. Gas Co.. . . P. Steel Car. . ....I ! 35%; 36% Reading .... 166%t165% 165% 165% 166*1 Rock Island . 25 25 25 24% 25% do. pfd.. . . ... .1 ... .' .... 50%: 50% R. 1. and Steer 28 : 28 28 . 27%' 28% do. pfd.. . . 86 *BS }BS ,84 86% S. -Sheffield I 55 56 So. Pacific. . .’109%1109%1109%i109%}110% So. Railway. . 29 : 28% 29 28% 21* do. pfd.. . . 75%' 76% 75%' 75%: 75 St. Paul. . . . 105’4’105% (105% .104’4*105*, Tenn. Copper } 44 * 435,* 435,! 42 44 Texas Pacific - .... 23$g .... Third Avenue 40% 39%' 39% 38% 39% U. S. Rubberxxi 55 55 } 55 54 i 67 Utah Copper . 63 62%: 62% 62', 63 I . S. Steel . . 1 71 % 70*.-, 70% 69is 71*4 do. pfd.. . .}llZsi<ll2%:il2% 111% 112% V. Chem... 49%} 49’41 49*/,} 49% 49 West. Union .■ ....* 82 82% Wabash . . . 4%! 4*4! 4% 4*, 4', do. pfd.. . . 13*4 13*4 13% 13%, 13*, West. Electric; 77% 77% 77% 765,* 77*, Wis. Central . ....' ....' .... 51% 51% WMaryland ... ■: 57 _ [66% Total sales, 312,100. shares. x-Ex-divi dend, % of 1 per cent, xx-Ex-dividend, II per cent and ex-rights, 1 per cent. MINING STOCKS. BOSTON. July 5. Opening: Smelter, 47%; Giroux, 5 1-16; Smelting preferred, 49%. METAL MARKET. NEW YORK, July s.—The metal mar ket was steady today. Copper spot, 16.87',40 17.25; July. 16.97*40 17.20; August. 16.95017.12%: September, 17.050 17.15; lead. 4.6504.10; September, 7.20@7.30; tin, 45.400 45.75. LOCAL STOCKS AND BONDS B'fi Askeq Atlanta A West Point R R 14" us American National Bank. .. 215 220 Atlantic Coat & ice common. 104 lot Atlantic Coal * Ice pref sj Atlanta Brewing A- lee C 0... 17$ Atlanta National Bank 320 330 Central Bank & Trust Corp if, n Exposition Cotton Mills 14" jgr, Fourth National Bank 260 265 Fulton National Bank >25 130 Ga Rv. & Elec stamped.... I’4 126 Ga Ry- * Pow. Co., common 27 30 rto. Ist pfd 80 85 do. 2d pfd 46 471/, Hillyer Trust Company...... I’s Lowrv National Bank 248 250 Realty Trust Company io» no Sixth Ward Bank 99% nil Southern Ice common 68 70 Third National Bank, new . 220 ’25 Trust Co. of Georgia 225 235 Travelers Bank A- Trust Co. 124 124 BONDS. Atlanta Gas Light Ist 55.... 101% 105 Georgia State 4%5. 1915 .... 101 10| Georgia Midland Ist 3s 6" <) Ga Rv. St. Elec. Co. 55...... 101 Ga. Ry. St. Elec, ref 5s 99 99% Atlanta C.,..solidatod 5s 102% ... Atlanta City 3%5. 1931 91 92% Atlanta City 4%5. 1921 102 103 Southern Hell r>« . .. $»% »»%, NEW YORK COFFEE MARKET. CofTeo quotations: __ I Opening | Closing January : 3?60 013 70113! 74 @ 13.76 February *13.60 13.630 13.64 March - 13.70 13.780 13.79 April 13.66 '13.80013.81 Mav 13 75 13.820 13.83 June 13 73013.75 13.370 13.38 July 13 50 13.430)3.45 August 13.250 13.50 13.520 13.53 Sentember .... 13.40 13.58013.59 October 13.450 13.60 13 720 13.73 November- 13.600 13.65 13 740 13.76 December 13.65 _ 13.630 13.64 “Closed steady. Sales, 9,900 bags. If you sen l a letter or telegram to the wrong address, you would hardly expect an answer, v ould you? The same Is true when you select the wrong medium to ha’e all your wants filled Try the right way The Georgian Want Ad way. WEATHER "| " Conditions. WASHINGTON, July 5 - Unsettled. ■ 1 showery weather will continue tonight land prevail over the East and South, with somewhat lower temperatures over tire [lower lake region, New England and the I middle Atlantic states. i 1 General Forecast. p Georgia- Showers tonight or Saturday. North and South Carolina, Alabama and Florida Showers tonight or Satur day. Mississippi -Local showers tonight or Saturday. Louisiana, West Texas and East Texas Showers. DAILY WEATHER REPORT. if , Lowest temperature (>!t w Highest temperature 84 Mean temperature 76 Normal temperature 77 is Rainfall *n past 24 hours, inches .... O.uO I Excess since Ist of month, inches. ... 27 I Excess since January 1. Inches 16.87 REPORTS FROM VARIOUS STATIONS. ’ n I (Tempers: t me* P.'fall « Stations— I Weath. * 7 Mr.x. } 24 *j ] [a. nnJYday.'hours Augusta ....'Cloudy l' 74 ; Atlanta Iliaining 70 84 .... „ Atlantic (lily.'Clear 72 76 ..... " Anniston Cloudy 1 72 * 86 ! .26 Boston 'l'lrai- ; 74 94 * .... Buffalo Pl. cldy. 74 80 .... Charleston . ..*Cldy. I 78 82 * .... Chicago- 'Cloudy 76 88 I .. . . ’• Denver !Pt. cldy.! 48 66 } .10 „ Des Moines ... Pt. cldy. 74 , 96 F Duluth ICloudy ! 62 78 j .06 „ Eastport !Clear : 56 [ 74 [ .... Galveston . ...'Clear ' 80 74 | .... Helena (Clear * 52 72 ... . „ Houston (Hear ' 78 ; . . I .... .. Huron *Pt. cldy.* 66 88 I .58 ' Jacksonville ..'Clear I 80 * 82 .... I. Kansas City.. Clear 72 88 .... , r Knoxville .... Cloudy 70 82 * .02 Louisville ....ICloudy I 72 78 [ .08 ._ Macon ’Cloudy ' 74 , .. I .... Memphis 'Cloudy i 78 * 88 I .... ~t Meridian 'Cloudy * 74 ! .... ’ Mobil.: Pt. Cldy.l 74 84 * .10 i_ Miami *.Pt. cldy.} 80 I 88 1. Montgomery . (Cloudy 74 86 . ... Moorhead . ...IClear ! 68 86 .12 New Orleans. | Pt. cldy. 78 ! 88 .18 New York.... IClear 70 84 .... North Platte..!Pt. cldy. 58 1 82 .20 _ Oklahoma ....(Cloudy 74 I 88 .... T Palestine ....Clear 74 ' 90 .... ■ Pittsburg .... i’t. cldy. 72 I 86 .... “ P’tland, Oreg.'Cloudy * 56 ' 72 .02 - San FranciscoClottdy 50 60 .... J St. Louis Clear 78 I 90 .... * St. Paul Clear 1 74 1 81 .60 ? S. Lake City.. Clear 5:! * 72 .04 7 Savannah . .. Pt. cldy 76 : .01 | Washington ..'Pt. cldy.l 76 * 88 1 .... 4 C. F. VON HERRMANN? Section Director. 1 ATLANTA LIVE STOCK MARKET. (By W. H. White, Jr., of the White Pro -i vision Company.) Quotations based on actual 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, 'j.OOW '* 6.00; good to choice l)cef cows. 800 to 900 ft 4.750 5.50. medium to good beef cows, 70(i '* to 800, 4.0005.00: good to choice heifers n 750 to 850. 1,750 5.75: medium to good heifers, 650 to 750, 4.0004.75. '4 The above represent ruling prices on 2 good quality of beef cattle Inferior *2 grades and dairy types selling lower. Mixed common steers. If fat. 700 to 80S. A $4,000)4.75: mixed common cows, If fat. 600 to 800, $3.5004.50; mixed common bunches to fair, 600 to 800, 2.75@3.50; good butch ‘ti er bulls. 3.25®3.75. Prime hogs. 100 to 200 average, 7.50® '2 7.65; good butcher hogs, 140 to 160 7 250 7.40; good butcher pigs. 100‘to 140, 6.750’ A 7.00: light pigs, 80 to 100. 5.5006.00; heavy rough hogs. 200 to 250, 6.5007 c. f 4 Above quotations apply to corn-fed hogs Mast and peanut fattened hogs, 1® F l%c and under. Prime Tennessee spring lambs, 60 to 75, 6.500)8.50; good Tennessee lambs. 50 to 60’ ‘2 5.5006.00; mutton, sheep and yearlings (ordinary), 3.00@4.00. % Cattle receipts continue light: market % strong and active on best grades. Very few good steers coming in. the '4 week's receipts consisting principally of % cow's stuff, varying in quality and condi % tion. Good, weighty cows in good flesh */s are ready sale at prices about a quarter % higher than a week ago. Inferior grades are a slow' sale at present quotations. *.s Tennessee spring lambs in fair supply. % Quality of present receipts unusually !i good. Market strong on best grades. % Hog supply about normal. Market 4 practically unchanged. % v, NEW YORK PRODUCE MARKET. , , NEW YORK. July 5. Wheat weak: 4 July 1.14 asked, spot No. 2 red 1.15 in elevator, 1.17 f. o. b. Corn weak; No. 2 in elevator hominal, export No. 2 80 4 f. o. b., steamer nominal. No. 4 nomi- nal. oats weak; natural white 550 57. ■ Rye quiet, No. 2 nominal f. o. b. New ■4 York. Barley steady; malting nominal c. I. f. Buffalo. Hay easier: good to prime 1.0001.45, poor to fair 1.1001.35. 4 Flour steady; spring patents 5.5005.75, 4 straights 505.50. clears 4.85@5. Beef steady: family 180 18.50. Pork z firm: mess 20.50 0 21. family 200*21. Lard 4 steady; city stedni 1O';0 10%. Tallow 4 steady: city (in hogsheads) 6% bid, s country (in tierces) 55,06%. i —— T— '« NEW YORK GROCERIES. I, NEW YORK. July s.Coffee weak; No. 7 Rio spot 145k0145,. Rice firm: domes tic ordinary to prime 4%05%. 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 5.9005.95, cut loaf 5.80, crushed 5.70. mold A 5.35, cubes 5.25. powdered 5.25. diamond A 5.0505.10, confectioners A 4.85. No. 1 4.85, No. 2 4.80. No. 3 4.75, No. 4 4.70. I' 1 nu mi -iinTir irr r~iniriniiiiiriii i riiMi n <hihiiiiIIIMBIIMIXiIiW wwiihwjjj ESTABLISHED IBGI The Lowry National Bank OF ATLANTA, GA. CAPITAL - $1,000,000 SURPLUS - 1,000,000 Designated Depository of the United States, I 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 t 200 MACON RY. & LIGHT 6 PER CENT PREFERRED 100 GEORGIA RY. & EL. 8 PER CENT GUARANTEED ffi 3 * 200 GEORGIA RY. & EL. 5 PER CENT GUARANTEED 1 200 GEORGIA RY. & POWER 4 PER CENT 2D PFD. 100 EXPOSITION COTTON MILLS ! 100 SOUTHWESTERN R. R. COMPANY J. H. HILSMAN &CO. ‘ LANTA PRICES OF GRAINS IE DIEISLIIMP Improved Argentine Reports, Weak Cables and Favorable » Weather Cause Decline. ST. LOUIS CASH QUOTATIONS. ‘ I Wheat No. 2 red 113%@114 ‘ Corn 73% @ 74 oats 47 J CHICAGO, July s.—There were losses i of iy t c to in wheat this morning on the weakness .in cables an<i general rains throughout tho Northwest save in North 1 Dakota, where rain is not needed at the moment -Argentine shipments were lib eral. and there was some increase in the visible supply. Corn was "4 to 1 Lie lower on the grow ing weather, which caused heavy 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 rtbeat market was heavy today, the < lose showing net declines ranging from I'a on July to 2’, 4 to 2% on September. Imai prices being about the low’ point for the <la>. The main bearish influences were good rains in the spring wheat country, coupled w*ith weakness in the foreign markets. There was considerable short selling. Corn was tn to 2% lower at the close, ravorable growing condition® to the belt frightened the longs in to un loading. Oats were \ to l%c lower. Heavy Wij nidation induced by goow growing weath er was the cause. I‘revisions were heavy all day and showed losses nil around at the clog* J he market lacked support. CHICAGO GRAIN MARKET. Grain quotations: wheat”'- High - Close. Close.' J Ot} % 105% 1.05% 1.07 Sept 1.02 1.02*2 1.01 1 01 1 03% 103% 1.02 1.02 CORN 'J," ly 72 ™ 70% 72% Sept. 69% 69% 67% 67% 69% / * 6St/i 581 * July 44 44 42% 42% 44% ‘^ ept 37 ‘’ 36% 36% 37% 1 „.? 8 rt 381 * PORK- * Jly 18.35 18.35 18.32% 18.32% 18.40 Spt 18.99 18.95 18.72% 18.77% 18.82% ' Oct 18..0 18.70 18.70 18.70 18.75 i,ARD Jly 10. in 10.70 10.70 10.70 10.75 Spt 10.92*2 10.92% 10.85 10.90 10.95 ' 02 ''’ 11 ' 02 ' 4 10 95 10-97% 11.02% 1 Jly 10.42% 10.42*2 10.37% 10,37% 10.40 Spt 10.62*2 10.62% 10.50 10.55 10.60 j Oct 10.42% 10.42% 10.37% 10.37% 10.50 ! CHICAGO CASH QUOTATIONS. 1 CHICAGO. July s—Wheat. No. 2 red, 1.06*20 1.08%; No. 3 red. 1.030'1.07: No. 2 hard winter. 1.0601.08: No. 3 hard win ter. 1030 106%; No. 1 northern spring, 1.130 1.15; No. 2 northern spring. I.ll® . 1.14; No. 3 spring. 1.0401.11. Corn. No. 2. 705,: No. 2 white. 75%@76; I No. 3 yellow. 720.725;: No. 3, 69@71% : No . 3 while, 74%@75%; No. 3 yellow, 71*,@> 71%; No. 4, 660’70: No. 4 white, 70071; No. 4 yellow. 65%@70. Oats, No. 2. 48043; No. 3 white 45*--’’ ; 47; No. 4 white, 460 46%; Standard. 47% @4B %. t ? CHICAGO CAR LOTS, f Following are receipts for Friday and 1 estimated receipts for Saturday: ( I Friday. - I Saturday. Wheat * 6 T? Corn ........ 176 274 •Oats 90 176 Hogs i 15,000 13,000 LIVERPOOL GRAIN MARKET. Wheat opened %d to l%d lower: at 1:30 p. m. was %d to 2d off. December %d lower. Closed %d to 2d lower. Corn opened %d to s;d lower; at 1:30 i p. m. was %d lower on July to ’£<l 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 to 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 ... ..... 6.83@7.00 July 6.8806.90 6.8606.90 August I 6.9«®7.00 6.9306.94 September . . . . 6.730 7.15 7.08@7.09 October } 6.9706.99 6.9306.95 November j 6.4006.44 6 4606.47 December 6.3806 40 6.3506.37 January I 6,3706.40 I 6.35@6.37 Closed weak; sales 18,600 barrels! 17