Atlanta Georgian. (Atlanta, Ga.) 1912-1939, July 08, 1912, HOME, Page 15, Image 15

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m AND GOSSIP IN MONEV MARTS Country Is Less Under the Heel of Capital Than at Any Previous Time. By B. C. FORBES. yirtV YORK, July B.—Last Thursday ns = nearer a real ''lndeperdence Day” than 'he United States has known for ’decades. And July 4. 11'13. should be sll lt rearer—if it Isn't the fault will be our own. Is not the country throwing off ','i tackles? ‘Are not the people—the plain every-day workers and voters rraking a successful effort to come into in eir own? It Is less true today than it «aa formerly that “the country is under ,hf re-1 Os capital." None knows this so we ll as capital And. happily, the better elements are willing that ft should be so, greater extent than yet experienced. The leaven of democracy has spread to the more enlightened of our capitalists. •• • • Strife-mongers will vehemently deny this They will point to glaring viola tions "f the Golden Rule by certain pluto crats. They will direct attention to the revelations made by recent investigations. The' will triumphantly show that more than one capitalistic group lias schemed to divide the country into zones, each zone tn be exploited by one group. The daily discoveries concerning the shipping pool's sharp practices, the uncovering of un scrupulous tactics by the old sugar trust, the Iniquities of the oil trust, the merci les? tat tles of the tobacco trust —all these and a score of other condemnatory de velopments will be enumerated to prove that Big Business is as black as it can possibly be painted. That was in the past. Has there been pn reform since'.’ The incurable pessi mist. the hypochondriac, may reply; (th. yes. txjok how beatific the oil trust has been since it ceased to control the industry. Look how it gracefully re linquished its hold on the Waters-Pierce Company. Look how prices of oil have declined. And the poor, hounded tobacco trust. Look how it has suffered through the savage attacks of the government. Its securities have only gone up in value a score or more millions, just as ihe sub sidiaries, of the oil trust recently sold at 'h» highest quotation on record. Then, look how the coal trust has been sanctl fled, 'then its employees were granted a small Increase in pay. did the coal barons accept this as their share of the general increased cost of existence'.' '>r did ;hey seize upon the incident as an xruse to give the screw a fresh turn upon •he thumb of the defenseless household er not the large corporate consumers who might have, transferred their custom to soft coal producers?” ♦ ♦ * There would be as much truth as cyni cism in these charges. And yet- well, wr are marching toward independence, toward independence not only of capi ■al that seeks to be unjust, but of in triguing pollti-.al bosses at * « ’’’he action of the coal trust is to be regretted by all who would strive for mere amicable relations between capital and the people. There can be little ques • on that it was an abuse of monopolistic ’■«?”. for no attempt was made to raise r h« pr< e‘s that part of the output in n hich no monopoly exists. Is it not plain, therefore, that it was the monopolistic power which mad* 1 the indiscriminate pos sible’ Every champion of fair dealingall reund, every advocate of moderation on t.bf part nf entrenched power, every-well 1 ' 1 ' apiial and labor can but grieve the establishment of harmonious feei ng h as been retarded by the short-sighted P* lie- pursued. The sooner the govern rrnt removes this source of rancor the '■‘’t.’N- alike for producers and consumers, •r if the present statutes are impotent prohib’t such highhanded conduct, the ' n al Trust may bo assured that effective r K’'laiion win he brought forward. And rt state of the Trust may be worse than its first. Xn unprejudiced observer of the evolu ’inn nnu g< i n g on politically. financially * r ‘ ! industrially will claim that there has nation-wide regeneration. But • A n has been accomplished. Regu a' f railroads is complete. Regu- 1 n < f industrial combinations has net been made effective, but will be be man' <ess;<>ns of congress pass. The , f pjg Business over elections ' 51 body-blow. The political ' ha< heen torn from his pedestal in b_. s J p, es. The vole® of the people is , r ,V !er ’ io as never before. And the will 1 ® penp]f i s destined to be made the " ’* lf ' land moie often hereafter has been heretofore. . '' r are steadily attaining gen- n'lpnendence. Let it not bp forgot i- / llial pterna} vigilance is the ' r ’’herty -In throwing off the tyr , anitai. care must be exercised f ■ h gainst creating a tyranny of la r.. ‘ strive to ho’d the balance Ready Money—Abroad I F YOU TRAVEL ABROAD AND * carry one of our Letters of Credit or Travelers’ Cheques, you will be able to L enjoy the many and great conveniences •>1 having Ready Money wherever you travel, and a\oid the dangers of carrying <ash around with you. In addition to this distinct advantage is your knowledge of the exact amount of foreign money you are entitled to receive in exchange for your American dollar —a 'ery vital consideration. Come in and let us fully explain the niatter to you. and enable you to save time, avoid delays, and derive the full en joyment of your lour. Atlanta National Bank E CURRIER. JAS. S. FLOYD. J. S. KENNEDY, “resident Vice President. Asst. Cashier. , E. BLOCK. GEO. R. DONOVAN, J. D. LEITNER. '• President. Cashier. Asst. Cashier. A D V_y-r,"A.-rT"-“ J JUDGE ARCHBALD HIT HI PROBERS His Moral Responsibility Dead ened. Say Committee’s Ar ticles of Impeachment. WASHINGTON. July 8. —The judi ciary committee of the house presented to that body today the articles of im peachment against Judge Robert W. Archbald, of the commerce court, who is characterized as "one whose sense of moral responsibility has become deadened.” The presentation of the charges, consisting of thirteen articles of impeachment, was one of the most solemn proceedings witnessed in the house in years. Chairman Clayton, of the judiciary committee, mgde the report, the adop tion of which will mean the trial be fore the senate of Judge Archbald. In his sweeping indictment the com termed by the judiciary committee as one who has "prostituted his high of five for personal profit The resolution charges in the cus tomary form that Judge Archbal# has been guilty of "misbehavior and high crimes and misdemeanors." "Has Degraded His Office." The impeachment proceedings grew out of the now farnot s culm bank deals in which the judge is attributed to have been interested in Pennsylvania, and the papers of impeachment con tain a lengthy review of the recent hearing before the house'judiciary com mittee. In nts sweeping indictment the com mittee declares to the house; "Your committee is of the opinion that Judge Archbald’s sense of moral responsibility has become deadened. He has prostituted his high office for per sonal profit. He has attempted by va rious transactions to commercialize potentiality as a judge. He has shown an overweening desire to make gainful bargains with parties having eases be fore him. To accomplish this purpose he has not hesitated to use his official power and influence. He has degraded his high office and destroyed the confi dence of the public In his judicial in tegrity. He lias forfeited the “condi tion upon which he holds his commis sion and should be removed from office by impeachment.” To Vote Tomorrow. In presenting the Archbald report to the house today Chairman Clayton of the judiciary committee, asked that the re port might be printed in the record and gave notice that he will ask for action upon It tomorrow. Beyond the formal filing of the report and the reading of its conclusions todaj by Mr. Clayton the house took no action upon the Archbald impeachment proceedings. The report probably will come to a vote immediate ly after the reading of the journal at to morrow's session. PASSENGER WHO GOT ON THE WRONG TRAIN ASKS SI,OOO DAMAGES R. E I, Wray has asked SI,OOO dam ages of the Southern railway and the | Atlanta Terminal Company, in the supe rior court, because he got on the wrong j train when leaving the Atlanta station. ' He asserts employees of the two compa j pies instructed him to board a train for ; Chattanooga when he wanted to go to I Baltimore', that he rode as far as Aus , tell, and was there forced off the train. I He then returned to Atlanta and had to ’ wait until next day to begin his N'orth ; ern trip. WEATHER MAN SAYS IT’S NOT HOT: ONLY 84 [ It's not very hot. the weather man I savs. It's just the humidity of the atmosphere that, makes Atlantans un comfortable just now, according to Un. ( ole Sam’s experts. The maximum tern i perature for today was S 4 degrees an I there is very little indication of a | change. Light showers are expected, ia- usual JAMES J. FLYNT IN RACE FOR R, R. COMMISSIONER James J. Flynt. of Spaulding, former j president of the senate, announced 1 positively today that he will be a can i didate for one of the vacancies on the I | railroad commission. Mr. Flynt had been generallv looked upon as a prob | able entry. His formal announcement : vill ho made within the week THE ATLANTA GEORGIAN AND NEAVS MONDAY, J ELY 8. 1912. NEWS AND GOSSIP ; Os the Fleecy Staple NESV YORK, July 8. -Carpenter, Bag got & Co.: The Memphis Commercial- Appeal says: Too much rain over the cotton belt acted as a deterrent to the normal growth of thb plant during the past week, and in many parts b| the belt did actual damage that may not be over come during the remainder of the sea son. The growth of the plant was not up to normal except in the western por tiiu and in South Carolina in the east Cultivation was retarded in all parts of I the belt, and grass and weeds have I gained a foothold In the fields of the cen tral and eastern portions, rendering their eradication a serious problem. The lack of proper growth in the remainder of this portion i-L the belt adds further to the lateness oT the plant In the west the plant made excellent progregs, especially hi Oklahoma and Texas, where splendid conditions of the previous week continued. Rainfall was more than was needed in this pa1 1 of the belt, but caused no dam age. The plant is fruiting nicely, but genetally ore to four weeks late, varying with location. The crying need of the crop is warm weather, with plenty of sun shine and a cessation of rain. Damage from boll weevil tavages so far has been inconsequential. No I eports are made of the cotton army worm. Profit-taking has been heavy today. Many say ring is getting along Pell heavy seller through Riordan. Wa ters and Schill. Dallas wires: "Texas and Oklahoma generally clear and warm: light showers Cleburne. Henrietta. Tex., yesterday." hollowing are 11 a. m. bids: July 11.88. October '2.18, December 13.26; January 12.34. The weather bureau predicts, continued warm weather over the interior middle and southern districts during the week. In the south Atlantic and east Gulf slates the showers will probably be less frequent than during ’ast week. New York wires Pell has sold about 8,000 bales so far. The New Orleans Times-Democrat re ports on condition as of July 4. as follows: Acreage probably been decreased about 8 per cent. Outside of Texas reports leave much to he desired, the crop being ex tremely late and spotted as a rule. Con dition in Texas is high and a large yield Is expected. There is a good deal of con cern as to prospective damage by insects of various sorts, but it is too soon to make definite forecasts; supply of labor generally plentiful, and no trouble ex pected on this score Present situation may be summed up by sayitig that, throughout most of the belt, the lateness of crop w hl make date ot frosts supreme ly important." Correspondents report on the cotton crops as of July 1: 1. The acreage probably has been de creased by about. 8 per cent. 3. Outsioe of Texas, the reports leave much to be desired, the crop being ex tremely late and spotted, as a rule. 3. The condition in Texas is high and a large yield is expected. 4. There is a good deai of concern as to prospective damage by insects of va rious sorts, but it is too soon to make definite forecasts. 5. The supply of labor is generally plen tiful and no trouble is expected on this score. 6 The present, situation may be summed up by saying that, throughout most of the belt the lateness of the crop will make the date of frost supremely important. Estimated receipts Tuesday 1912 1911. New Orleans 125 to 150 490 DAILY WEATHER REPORT. Lowest temperature ...... 66 Highest temperature 84 Mean temperature 76 Normal temperature 77 Rainfall in past 24 hours 00 Excess since Ist of month 60 Excess since January 1 17.20 REPORTSFROM_ various stations, I Tei n perature IR' fall Stations - Weath. | 7 Max. i 24 I a. imjy'day.lhours. Augusta ...'Cloudy i 72 '. .. ’ 0.92 Atlanta Raining, 70 ”84 I* .... Atlantic City. Clear 78 84 .... snnfston Pt. cldy.i 76 84 Boston 'Clear 76 I 84 .... Buffalo I Pt. cldyl 78 86 .... Charleston . . .ICloudy I 78 SO 1.38 Chicago Cloudy 72 84 1.80 Denver Pt. cldy. 66 86 Lies Moines .. Cloudy I 74 92 .... Duluth 'Cloudy I 64 76 .... Eastport Cleat 66 70 ' .... Galveston ... Pt. cldy 80 84 .... Helena Pt. cldy. 44 62 Houston .. . . |Pt. cldy.' 76 | .... Huron Cloudy '66 80 I 0.80 Jacksonville Clear 80 86 0.60 Kansas City . Clear 76 00 .... Knoxville .. . Clear 72 88 .... Louisville ....'Cloudy I 76 1 88 .... Macon Cloudy I 72 84 0.42 Memphis Cloudy I 74 90 I .... Meridian Cloudy 74 0.1 8 Mobile ... Pt. cldy. 78 84 0.24 Miami Cloudy I 80 84 . ... Montgomery . Pt. cldy. 76 88 Moorhead .. .'Cloudy ' 66 ; 90 ~.. New Orleans Raining 74 88 0.12 New York ..iCloud)’ 76 84 ... North Platte . Pt. cldy. 68 j 94 .... Oklahoma . ..Clear 72 90 .... Palestine . ...iClear ■ 76 94 .... Pittsburg Clear 78 90 .... Portland. Ore. Pt. Cldyl 54 64 .... San Erancisco'Clear j 52 64 .... St. Louis ....'Clear 74 86 .... St Paul . . Cloudy ' 70 88 .... Saif Lake City Clear 58 84 .... Savannah .. .. Pt. cldy. 78 .... Washington Clear 78 I 90 ..,. ’ C. F.’ VON HERRMANN, Section Director. COTTON SEED OIL. Cotton seed oil quotations; I Opening. _j Closing Spot I 6,75@6.9.5 Jul) I 6.80176.95 < | August I 6.8711 6.88 6.821f6.85 September ' 6.99117.00 October I 6.871t6.88 November ' 6.35H6.38 , 6.31?p6.32 December.. . J 6.30®6.35 I 6.31 ®6.32 January 6.31®6.35 I 6.30@6.32 Closed stead' : sales 18.000 barrels ( | DEATHS AND FUNERALS R J. Tuggle. The funeral of R J. Tuggle. 62 years old. w-ho died at East Lake yesterday, was held at Wesley's chapel today at noon Interment was in the chape! yard. ’ Mr Tuggle is survived by one sister. Mr’. T. J. Jackson, of Atlanta. Carley Evans. The funeral of Carley Evans. 9-j ear-old son of Mr and Mrs. W F. Evans, who died early yesterday, was held at the. res idence. 196 Courtland street, today In terment was in Westview. Mrs. Mary McCardle. Mrs Mar) McCardle. 65 years old, of 30 East Harris street, died at a sanita rium early today. She is survived by one sister. The body was taken tn Bloom field fr Burkert's chapel, and will later be carried to West Chesterfield. N* Y . for funeral and interment Clifford Austin. Clifford Austin, three-year-old son of Mr. and Mrs S. C. Austin, who died yesterdaj . will be buried In Westview cernelei’) late today. The little fellow died at a private sanitarium after a short illness Mrs Mary Warred. 75 years old. who died In an Atlanta sanitarium earlv today. Iles at Greenberg * Bond's chapel await ing the funeral. The services will lie held theer tomorrow morning at 10 o'clock Interment will be in Welltvlew. Rev W Wilson officiating. Mrs. Warred is sur vived only by distant relatives. Mrs. M. S. Sulunias. Mrs. M. S. Sulunias. Wife of a whole sale fruit dealer, who died at the fain tly residence. 570 White street, -wa- Miss Cora Murray, an Atlanta girl. heforO h'er marriage several years Ago. The funeral services, to be held at Poole’s chapel tomorrow morning, will be attended by a number, of relative lin this city, M r . and Mrs Sulunbr f were ina ried in Atlanta morwthatr t'-n ! years ago. COTTON SLUMPS ON HEAVI SALES Profit'Taking by Professionals and Commission Houses Causes Drop. NEW York, July 8. There was fair buying by the public today at the open ing of the cotton market, with the result that first prices wer * 5 to 9 points higher. The cables uere also firm and several points better than due. There was heavy selling by several brokers at the o&teet, hut mis was nioie .than offset by the dentand. After the call the activitv In creased with prices from. 9 to 10 points higher than on new crop positions. At noon the market was under heavy selling pressure by some of the big pro fessionals and commission taking profit. This caused a weak tone to develop upon the market, and a downward movement »n prices, carrying quotations 3- to 11 points below the opening figures. The • etc weather forecast reported favorable conditions over the larger portion «»f the Helt. At the close the market was steady, showing net losses of 4 to 8 points below the final quotations of Saturday. Warehouse stocks in N*w York today, 124.344: certifirated. 108,7?'). RANGE IN NEW YORK FUTURES I? j lit •<! 5 i? Is| SI j 6 ir .1111 T15 "4 ,11.92: 1L7411L74 Tf.7U75111778 -" 79 Aug. I l.l'3!13.00; 11.85 11..83:11.81-83111.85-81 Sep. .U.0L12.V8 I l.t'LH.'.il 11.91-93 i 11.94-95 Oct. 113.1212.21 12.01:12.03112.02-03 2*.07-09 fOV. 112.04-06'12 09-10 Dec. 12.21(13.33 12.10 12.12 12.10-12 1-16-1, ■ lan. 12.-1 12.30 1 leb. ! j 1 | '1.2,10-UilZ.lß-19 Mar. (12.27 12.36,13.15,12.1a 12.14-1611230-22 May ,12.35(12.36 12.10 Ll 19 t_. 18- 19 12.26-28 Closed steady. Liverpool cables were due It's to 13V., points higher, opened steady 1.5 points higher, and 12:15 p. in. were stead) 12V» to 14 points higher. Spots in good de mand II points higher, ntidc ing. 695; sales, h.oOO bales, including 9,001 Ameri can:, imports, 2,000. all American. Later cables to 1 higher than 12:16 p m. At the close me market was very stead), showing a tie' gain of 16 to 16U points over the final of Saturday. RANGE IN LIVERPOOL FUfUrES. Futures opened firm. Hauge. 2 f. M Close. Cl os opening pre,. July. .. . 6.78 -6.7214 .... 6.77 6.61 July-Aug. 6.71 -6.711,, 6.74 6.76 6.60 Aug.-Sep. 6.66 -6.64% 6.71% 6.73% 6.57 Sep.-Oct. 6.60 -6.58'- 6.65% 6.66 U 6.50% Oct.-Nov. 6.56 -6.56 6.59% 6.61 ' 6 44% Nov.-Dec. 6.35 -6.54 6.56 6.58 6.41 % Dec.-Jan 6.55 -6.53% 6.53% 6.57 6.405. Jan.-Feb 6.55 -6.54 % 6.54% 6.57 6.41 Feb.-Maj. 6.56 -6.55% 6.54 ’ 6.51t 2 6.41 Mar.-Apr. 6.55%-6.56 6.56 6.58 6.41 % Apr.-May 6.58 -6.56% 6.n8% 6.42% May-June 6.66% 6.51' ' 6.42% HAYWARD 4, CLARK’S DAILY COTTON LETTER NEW ORLEANS, July 8 —Liverpool ad vanced as much as IS English points, against about 12 points higner due, and quoted spots 11 points higher. Washing ton predicts a week of slightly warmer weather; mostly fair. but ocea'sional thunder stortjts with probably less precip itation than during past week. The map shows fair weather; no rain in western belt: cloudy and general showers in east ern belt, but precipitation mostly light except on the Atlantic coast district, where heavier tains occurred. Indications are for fair weather in Western states: much warmer in northwest portion. Cloud)’ with local showers in the central and eastern states. Our market advanced to 12.40 for Oc tober in earl) trading, but was checked I by heavy realizing in New York and sell ing by straddlers on the large difference of 25 point's from New York. The gov ernment daily weather forecast of local showers for the central and eastern states gave the market another bullish impulse, which carried October to 12.45. Heavy realizing by New York bulls then weakened the market again to 12.38. Pell Co. are reported large sellers. The weekly weather report tomorrow is expected to he bullish, but the map shows prospects for clearing weather bv Wed nesday. RANGE IN NEW ORLEANS FUTURES. I - i 1 Ji’S/ J: Ir * ' • r ** ? F - 5I 1 ~ * - __ 1 7. J_r rJ _ I ?_ July 12.94 12.94(13.79112.79112.79-80 12.82-83 Aug. 12.64 >3.65 12.60 13.60 12.65-57 1.2.57 Sep | | ,12.38-40(12 45-47 ' let 12.39 12.4512.22:12.24 12.23-24 12.30-31 Nov. . 13.22-24 12.30-32 Dec. (12.49 12.45,12.22113.24 12.24-25'12.31-32 Jan. '12.44 12 48'12.27'12.28 12.28-29'11.34-35 Feb. 12.32-35 12.57-59 Mar. 12.49:12.53 12.34 12.36 12.36-37 12.40-41 May__.l2.s9 12.69 ’2-56_13.56J2.44 f Closed steady • SPOT COTTON MARKET. Atlanta, stead); middling 12',. New Orleans, firm, middling IJ'\. New York, steady: middling 12.15. Liverpeel, steady; middling a.95d. Savannah, quiet; middling 12c. Augusta, quiet, middling 12%. Mooile, steady; middling 11% Galveston, steady: middling 12L, Norfolk, firm: middling 12%. Wilmington, nominal. Little Roek, quiet: middling 11% Charleston, nominal; middling ll'u Baltimore, nominal; middling 12c Philadelphia, steady: middling 13.40 Boston, steady; middling 12.15. Memphis, steady; middling 12%. St. Louis, quiet; middling 12%. Houston, steady: middling 12%. Louisville, firm; middling 12c.' PORT RECEIPTS. The following table shows receipts at the ports today compared with the same day last sear: 722 2 - 1 i9iT New Orleans. . . . 519 916 Galveston 197 7 Mobile 37 . ... Savannah 37 283 Charleston I 5 Wilmington .... 86 Norfolk 285 15 805t0n.... 9 ” Total . . . . J 1.483' | 173'8 ~ INTERIOR MOVEMENT. I 1912. | 19VL Houston I 435 36" Augusta ' 58 27 Memphis 136 311 St. Louis 538 75 Cincinnati 644 255 Little Rock ... .1 .... I 28 Total. ~7 1 1,811 | 732 ' COTTON MARKET OPINIONS. Baily & Montgomery: It will probably require a period of good weather to un settle values, whereas a few days of bad weather would go far to strengthen the positions. Miller & Co. We think the advantage is with the hulls J. S. Bache & Co.: We believe the trend to.be upward and advise purchases of distant positions on any market reac tion. Stemberger. Sinn e- Co.: We think ve should have higher pri'es Thompson Towle & Co.: We favor the long side of the market. NEW YORK GROCERIES. NEW YORK. Jul)' 8. Coffee barely steady; No. 7 Rio spot. 4<%@4%. Rice stead' domestic, ordinary to prime. <%:?» 5%. Molasses jiuiet: New Orleans, open kettle. 350 45. Sugar, raw, quiet: cen trifugal. 3.77; muscovado. 3.27; molasses sugar. 3.02; refined steady; standard granulated. 5.Nt'S $.05. cut loaf. 5.80; crushed. 5 70. mold A. 5.35. cubes. 6.20; powdered. 5.35: diamond '. 5 e.\t confec tioners '.. 5.00 No '. 1 85. No. 2, i.Sj No. 3. I?e y Q < 4,75 STOCKS DECLINE ON LipTION Industrials Lead in the Drop. ■ Trading Active. But Tone Shows Weakness. _ By CHARLES W. STORM. NT,\\ YORK.-.July 8. —Nearl)* all the im portant railroad and industrial stocks; »o!d at sharp recessions at the opening! of the stock market today, trading re- | fleeting a disturbance of speculative po-' sldons by the showings of the bank state- 1 ment on Saturday. There was an ab sence of demand, but after fifteen minutes , a steadier tone set in and some of the issues rallied. Reading and Lehigh Val ley acted in unison, declining •% from Saturday's closing. Xmalgamated (’upper, and I nite<i States Steel common were ''si lower. American Smelting was % lower. Canadian Pacific was one of the few is sues making a gain. It opened at 266%. a gain of % Southern Pacific. Baltimore and Ohio, Erie and Pennsylvania were unchanged. I nion Pacific lost ■%. Ihe curb was quiet. Americans in Lon don were listless. Canadian Pacific in London rallied. '. heavy tone prevailed in the late fore- I noon and losses ranging around 1 point ’ were sustained tn a number .of Issues. J Boston and London were prominent sell-’ ers of nearly all the active Issues, and ‘ particularly Amalgamated Copper and i United States Steel. Speculation sentiment continued bear- 1 ish throughout the afternoon, and further declines were sustained in a number of issues. The copper stocks suffered to the greatest extent Amalgamated Cop per. I tah Copper and the American! Smelting all .fielded over 2 points from Saturday's final. Boston houses were ag- ' gresslve sellers, many attributing the I bear movement there to Thomas W. Law I son. 1 The market dosed stead). Governments unchanged; other bonds steady. Stock quotations. 1 | I La st 1 Cl ->s 1 l're» A trial. “Copper. 83 ", 80%'"80%T'81~l"83 % Afit. Ice Sec...! 2«%| 26 ; 26 25% 27 Am Sug. Ref .'129% 13'8%'129%,1 28%! 13'9% Am. Smelting I 84 8j 82%: 81 % 81% Am. Locomo...' 4i’.% 42%! 42% 42%! 43% Am. Car Ffly., 58%: 57%: 58 57%; 58 Am.. Cot. Oil . 53%' 53 1 53 53%l 53% Am. Woolen 3'7 27% Anaconda 41%; 39% 40 lo%' 41% i Atchison 108% 108%108% 108 108% 1 A. C. L 139 139 139 139 140 ' Am. Can 3'%' 33% 34 ! 33%| 34% I do. pref. .. 'l7'4 116% lift.; 116% ■! 16'., \nt. Beet Sug. 74 : 72%; 72% 72% 73% | Am T. anil T. 145% '45% 145% 144% 145% j\m Agricul . . . 59 60% ißeth. Steel . 37% 36%’ 36% 36%, 37% I B. R. T I 92% 91% 92 92 * 92% 18. and o .. .. 108% 107'%'IOS 107% 105% fan. Pacific ...267 266 266 266%1266 I Corn Products 15% 15%: 15% 15% 15% I', and 0 80% 79 ' 79 . 79% Consol. Gas .. T 43% 142%: 142%’143%h44 fen. Leather . !:7 . 3'6 1 26. :5% 26% solo. F. and I. 30% .30% 30% 30. 31 fclo. Southern 38 38 l>. and H (167 166 1166 166% 167 Den. and R. G.: .... f 19 I 19 Distil. Secur. 32% 33% ! Urie .......... 34%, .14% 34% 34% 34% i do. pref. .. 52%' 62 52%' 61% 52% I Gen. Electric . 1.79% 178% 178% 178% 180 I Goldfield Cdns.f '4 ft 4 4 4 , G. Western .. 17% 17 17%’ 17' 4 17% G. North.. pfd.:l3B ,138 137%J37 i 137% G. North, fj.-e. 44 42%' 42% 42%; 43% Inf. Harvester 1.18 120% I 111. Central .. . 128% . 2’8% 128% 128 128% Interboro .... 21% 20% 20% :0% 21% do. pref. .. 59%' 59 59 59% 60% lowa Central . .' 10 10 K. C. South. 25% 35% 25%| 26 25% K and T 27% 27 27 26% 27% do. pref. .... 60%! 59% L. Valley. .. . 169 157% 168 167% 169 L. and N . . 160% 159% 159% 159% 169% Mo. Pacific . . 36% 36% 36% 36% 36% N. V. Central 116% 115% 115%'115% 117 Northwest 136%! 136% Nat. Lead. . . 58% 58% 58%, 58 58% N. and W . . .H 5 H3%T13%j114% 115 No. Pacific . . 12'1% 123% 122%|122%1.!2% ». and W.. . . 33% 32% 32%: 32% Penn 124 124 '124 '123% 124 Pacific Mail .I 31% 31% 31 %| 31 41% P. Gas Co. . 1151-4’115 (115 114% 115% ■ P. steel Car ... J ... . 36 ’ 35% 1 Reading . . . 165% 163% 163% 163% 166 Rock Island . 24% 24% 24% 24% do. nfd . . 50% 50 50 49U 50-', R. I. arid Steel: 27%: 26 '26 1 25 37U do. pfd 84 84 84 $4% 84 S. -Sheffield. 56 ' 55% 55% 65 56 So. Pacific . 109% 109 109% U'% IT'-, So. Railwav . 29%! 29 29 1 i 29 ' 2'9U. do. pfd. . . 77% 76%. 77 76% 77 St. Paul. ... 105 103% 104% 103% 105 Tenn. Copper ' 43 42%' 42%' 43%l 43% Texas Pacific : 23% 23 23 | ....! 23 Third Avenue ’ . ... ...J . ...' 39% Union Pacific 168%'t«6% 167' s 167 168% U. S. Rubber 5474,1 53% 53% 03% 54% Utah ''upper 6:: . 60%' 60U 60% 62% U. 8. Steel . . 70% 68%' 69 | 68%. 70% do. pfd . . . 112% 111 %iIH % I IP's lU’i V. (’hem. . 49% 48'- 48%: 48%1 49% West. Union . 82 82 82 81 % $2 Wabash .... 4% 4% 4% 4%: 4% do. pfd . . . 13% 13 ' 13% 13% 13% West. Elec. . 77 76 76 76% 77 Wis. <'entral ' a! •»: 51 % W. Maryland 1 57% ' 57% Total sales. 555,500 shares. MINING STOCKS. BOSTON. July 8. Opening: Smelter 47, North Butte 32. Ualutnet and Arizona 75. Isle Royals 35%. East Butte 13% METAL MARKET. NE'a YORK. July 8. The metal mar ket was easy today. Standard copper spot. 16.76017.35: July. 16.7.5® 17.25; A 1 gust. 16.87 %® 17.25: September. 16.90®; 17.10: lead. 4 60® 4.80. spelter. 7.2o'hT tO | Un, 45.004/ 45.25. lOCAI. STOCKS AND BOND* 611 Ask.■, ' Attan's A ’*••• PNet fl n (4» m j American National Bank. 215 320 Atlantic Coal & Ice common. 104 )o ; - Ailanth- Coal A- lee nref.... ») „i »> an' a Brew In e A 1-e Co. 174 Atlanta National Bank 320 3.30 Central Bank A Trust Corp.. ,s,a Fxiuielii'-p ''often M'lls. . I<i Fourth National Bank. 260 355 Fulton National Rank ?25 j 3„ Ga Pv A Elec stamped.. 1«4 )2 4 t'a. Ry A- Pow Cc . common 27 30 4o Ist nfd «9 »s do 2d pfd 46 4714, Hlllvet 'I rust Company 125 towrv Natlm.at Rank....... %it j sn Rea'i' Trust Company 108 jjj s'-xth Ward Rank j,,; Southern lee common. ... 68 Third National Rank, new 2’30 325 Trust Co of Georgia . 225 235 Travelers Bank A Trit*/ Co 1z» B'oNOS Atlanta Ga« Light !«t 5« Inl % 105 Genrgta S'ate 4’;,« i«, 5 . .. jet lni Georgia M’flland *» ti t,a Rv A- E'ec Co 5s 101 Ga Ry A Elec ref 5s 94 »s% Atlanta C. . sol’dated 55..... 102 U Atlanta City 3%5. 1931. .. 9f ' 931. Atlanta CHy 4%5. 1«?1 10? n>3 Southsrn Pell T.« »»% NEW YORK PRODUCE MARKET. New YORK. July 8. Wheat steadv: September 1.04%®'. .05%, spot N 0..? red 1.12% in elevator and 1.14% f. 6. b Corn weak; No. 2 in elevator nominal, export No. 2 74 % f. o. b., steamer nominal. No. 4 nominal Oats easy; natural white 62%® 54%. white clipped 53%®56. Rye quiet: No. 2 nominal f. n. b. New York. Rarlev steady; malting, nominal c. i. f. Buffalo. Hay steady good to prime 1.0001.45 poor to fair 1.15. Flour steady, spring patents 5.4505.70, straights 505.50. clears ■4.8505,10.. winter eatents 5.650545. . straights .515'55.35. clears 4.500 5. Beef stead) . family 18® 18.50. Pork firm: mess 20.50031. family 20 0 21. Lard steady, citv stea-n 10% nominal, middle West. «not i 0,70 asked:., Taiiow quiet, city <>n hog.-h»4fl«> 6% nominal, eountrs 'in tlerce,sj..s%Q6% |~THE WEATHER ] Conditions. WASHINGTON. .lul> 8. Warm weatil er will continue tonight and Tuesday over the eastern naif of the country, and prob ably on Wednesday and Thursday Thun der storms, however, tonight or Tuesday over the lake region, the Ohio valley and the South will atford temporary relief General Forecast. Georgia—Local showers tonight or Tuesday-, Virginia— Generally fair: continual warmer tonight and Tuesdav. „ North and South Carolina. Florida. Alabama and Mississippi Local showers tonight or Tuesday. Louisiana-Unsettled shower? Arkansas- Unset tied showers. Oklahoma Fair. East Texas and West Texas Unset tled. [Atlanta markets EGGS 6’resh eounfry candled-. 17018 c. BUTTER Jersey and creamery, in 1-lb. blocks. 30021%c. fresh country dull, 10© 12%c pound. DRESSED POULTRY Drawn. head and feet on. per pound: Hens 16017 c, fries 25®27c, roo3te»» 8® 10c. turkeys, "wing to fatness LIVE POULTRY Hens 400 45c. roost ers 25®35c, fries 30050 c. broilers 20025 c. puddle ducks 115030'-'. Pekin ducks 40© 45c. geese sOof-O<- each, turkeys, owing to fatness, 14015 c. FRUITS AND PRODUCE FRUIT ANU VEGETABLES Lemm-8. fancy. 84.5005 per box. Florida orange*. 53®3.50 ner box Bananas. 3®3%c per pound. Cabbage. I®l%<- per lb. Peanut*, per pound, fancy Va.. 6%©Tc, Choice. 5% (q6c. Beans, round green. 75c® SI.OO pet crate. Florida celery. $202,50 per ers-* Squash. ) ellow. pe, six-boskei cratet. $1.0001.25. Lettuce, fancy. $1.2501.58 choice $1.;;501.»O per crate. Beets, $1.50 02 per barrel. Cui-umbers. 75t-®sl.oo per crate. New Irish potatoes, per barrel. $2.750 3,00. Egg plants. $202.50 per crate Pepper. sl.7n®2 per crate. Tomatoes, fano. six basket crates, $1.5001.75; choice tomatoes, $1.7502 Pineapples. $20'2.35 per crate Onions. $1.2501.50 per bushel. Sweet pota toes, pumpkin vatu. $10'1.25 per bushels. Watermelons. $lOOl5 per hundred. Can taloupes. per crate. SI.OOO 1.50. PROVISION MARKET. (Corrected by White Provision Company.) Cornfield hams,. 10 to 12 pounds average 16%<>. Cornriel 1 hams. 12 to 14 pounds average. 16%c. Cornfield skinned hams. 16 to 18 pounds average. 17%c. Cornfield picnic, hams. 6 to S pounds average, 13%e. Cornfield breakfast bacon. 23c Grocer al.vie bacon (wipe or narr'-wl. 17%c. Cornfield fresh pork ausage tlipk or bulk) 2n-pound buckets. 14c, Cornfield frankfurters. 1 fl-pound buck ets, average 10c. Cornfield bologna sausage. 26-pound boxes', 9c Cornfield luncheon hams. 25-pcutul boxes. 11c. Cornfield spiced jellied meats In 10- poupd dinner palls. 10c. Cornflold smoked link sausage. 35-pound boxes. 9c Cornfield smoked link sausage In pickle. 50-pound cans. $1.25. Cornfield frankfurters in pickle. 15- pound kits. $1 50. Cornfield pickled pigs feet, 15-pouhd kits, sl. Cornfield pure lard fierce basis). 12%c Coyntry style pure lard 50-pound tin* only. Il'sc. Compound lard fierce basis), 10c D. S. extra ribs, 11 %c. NEW YORK COFFEE MARKET Coffee ''notations: I Opening , Closing January ~ .13.520-13.60:13.40?/13 42 Fehruar' . . . . 1 3.4 -® 13.6M’: 4 so 13.43 March 13.55 1T3.45© 13,4« Apr-il . 13.60® 13.65113.46013.48- Ma.'’ 13 481/13.49 “June 13.‘8013.ffl July 13.150 13.3(1 13.060 13.1« August. . . . 13..’. 0 ’3.30 13.10013.15 September 13.37 3.180 13.19 October 13.4"® 13.45 13.25% 13.27 November 13.450 13.57 13 310 13,"3 December 13.55 16.38013.39 Closed steady. Sales. 87,000 bags LIVE STOCK MARKET. t'HICAGf). Jul) 8 H"gs Receipts 30.- 300. Market strong to 5c higher; miser! and butchers $7.1507.65, gco-J heavy $7.10 07.45. light $7.050 7.60. pigs $5.30?/7.15. bulk $7.3507.60. Cattle Receipts 19.000; Ma ket steady to 10e lower; beeves $6 40@9.70, cows anil heifers *2.50® 8.25. Stockers am feeders $4.6006.50. Texons $6.2508.25, calves $7 35 0 8.75. Sheep Receipts 20,000 Market stead) : native and Western $3.5006.10. lambs $4,650 8,10. POULTRY, BUTTER ANO EGGS. NEW YfRK, July 8.--1 tressed poultry quiet: turkeys. 130'23; chickens. 1803(1: fowls. tt%oi6' 7 ; ducks. 180 19. Live poitltn firm: chickens. 22026; fowls, 15 tasked) turkeys. 13 tasked); roosters. 10% tasked) ;'chieks. '4. geese. 10 tasked.) Butter firm; creamery specials. 27: creamery extras. 27%: state flair), tubs. 220 26%: process specials. 25 tbifl.) Eggs active; nearby white sandy. 26® 27; nearby brown sane). 230 24: extra firsts. 2.':%®’.!.3% ; firsts, JO'.. 4/20 .t'heese steady: white milk specials. 15 ©'s%; whole milk fancy. 14.% ibid); tkims. specials. t2®12%: skftr.s. tine, 10% 011%; full skims, 6%i®8%. ESTABLISHED tßf>l 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. STOCKS 100 Atlanta West, Point- P. F Co. 500 Sou. Securities Co. 200 Atlantic Ice & Coal Common, 100 Atlantic Ice ft Coal Preferred. 300 Sou. Ice Co. Common. 200 Son. Ice Co. Preferred. 100 Third Nat. 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 Second Preferred. * 100 Exposition Cotton Mills. j .' 100 Southwestern R. R. Co. . j- SEND FOR DETAILS. ; , J. H. HILSMAN & CO, ATLANTA IRREGULARITY IN CEREAL IDIOING Wheat Closes at 1 ’4c to 3-8 c Off. Corn 5-8 c Up. and Oats Unchanged. 9T. LOUIS CASH QUOTATIONS. Wheat No. 2 red I'2’ 0113% Corn 69%0 70 fats 43%0 44 CHICAGO, Jul) 8, With sharply lower prices in tie Northwest and longs still liquidating in Chicago, there were price losses early of %c to %c. The buying I" wer was absent, save those who. were short and having profits. The Ohio July report as wired by King makes the-Wheat prospects 43. against 45 in June and 84 a tears ago. Corn was unchanged to %c and %c lower ami longs selling freely. The Ohlc July report makes the condition of corr compared with an average of 77 per cent against 89 a year ago. Oats were %c to ',<■ lower with the Ohio prospect 98. against 95 in June Provisions were sharply lower on sei.' ing by longs and the putting out of short lines. Wheat was weak and sharply lower to (day on ecntlniKd fine weather arid gtfoS crop prospects over both winter and spring wheat belts. Ui al pt e«s showed losse' tanging %>• on December to %e and '%.c on Jul'. A good reaction from’ bottom prices was caused by short covering anil goed buying by strong houses. Corn was weak on tme weather and va rious good state crop reports. fats were under pressure early, hut re covered strength on shorts covering. Provisions were weak early 'oh lohgs* liquidating, but recovered later with- the grain market. CHICAGO GRAIN MARKET "pen High Iw-w Clone Close. Pre». 'VUEA I - July 1.03% 1.03% 1.02% 1.03% 104% Sep. 99% 99% 98'6 99% 99% Dec. 1.00% 1 no% I on 100% 1.00%. July 69% 70% 69 70% 69%. Sep. 66% r-7% 66 67% 68% Dec. 57% 58% 67% 58% 57% May 58% .69% 57%, 59A*-' .... -ATS July 40% *2 40 41 % 40% Sep. 36 .36% 35% .36 36 Dec. 37 .37% 38% 37% 37% Mat 39% 33% 38% B>< I )■< lit Is • IJuly 17.75 17.92% 17.85 170$ 1800 (Sep. 18.25 18.33% 17.85 18.30 18.40- j ")■) 18.20 18.27% 17.93 18.27% 18.40 lai; it s ■ - ’July 10.35 in. 1712 10.32% 10.47% tf1.59 (Sept 16.65 10.70 10.45 10.65 tn. 85 li'ct. 10.65 10.75 10.50 10.70 tfl.TO ■ !IR.- > ■ i. lul) 10.17'4 10.35 10.12% 10.35 10.37% Sept. 10.35 10.57% 10.27% 10.47% 1.0.40 ' Hat 10.35 10.45 10.27% 10 47% 10.40 CHICAGO CASH QUOTATIONS. CHICAGO. July 8 Wheat—No. 2 red 1.030 106, No. 3 red 1.010104. No 2 hard w inter 1.0'..® I 05%. No. ,3 hard winter 1 0C 01.04. No. I Northern spring 1090L13. , No. 3 Northern spring 1.0401.10. No.' 3 spring 1.020 1.01. | Corn No. 2 69%®70%. No. 2 white 74 07'%, No. 3 yellow 70070%. No 3 68% ®«l>%. No 3 White 730 73%. No. 3 yellow (69%©69%. No. 4 641,065. No- 4 white 70 ’070%. N<>. I yellow 65067. fats—No. 2 white 46%®47%, No, 3 white <41,040. No. i white 42046. stand ard 150 4' CHICAGO CAR LISTS hollowing are receipts for Monday and ' estimated receipts for Tuesday: I Monday, i Tuesua' lUh eat I tn I 17 ('urn JOl ■ ‘24.3 (fats I 139 ' • 188 ' H °g" 32000 I 17!060 LIVERPOOL GRAIN MARKET. Wheat opened %d to -%d lower, at I:3* |p. nt. was -%d to I%d lower. Closed -%<! ; lower for July and %d lower for Oeto . be’ and December. (Torn opened %d to %d lower: at 1 ;3f !n. tn was %d to I%d lower. Closed id i low er for Ju>< anil I<l lower for September. -_4 '■» VISIBLE CHANGES, Following shows the weekly visible jup- I ply change' In grain for the, week: . Wheat, decreased 1.957.000 bushels. ■ Corn, decreased sc'.ono bushels... i >ats. decreased fSn.OOO bushels. . i PRIMARY MOVEMENT. j ' WHEAT— ~ 1912 ~I9H Receipts ’ 386000 1.54900 T Shipni ents .’ 514,000 997,000 : | ' ’ ; T.’ Receipt*.. 1 81fcOOO| 6367006 : Shlpnienis _ ; _j 48(1.000 3f3,00t If you <ent a letter or telegram to the wrong address, you would hardly exnect an answer, would you? The sama is true when you select the wrong medium to have all vour wants filled Try the right wa\ The Georgian Want Ad way 15