Newspaper Page Text
W 5 MARKET OHS
COTTON.
yj"W YORK. July 8. -With better Liv
,,.rr„,i cables than expected, the cotton
n a’-ket opened this morning with a steady
trne. quotating first prices 5 to 9 points
above the final quotations of Saturday.
■(■■,., bulls and other big professionals
aggressive, buying freely in face of
»eather bureau predicting a much better
wee l. of weather than of last week. The
wra’her conditions reported favorable
ever the larger portion of the belt.
Futures and spots in Liverpool steady
arv’ in good demand.
NEW/ORLEANS.
Quotations in cotton futures:
( F I I 11 I Prev.
Open IH igh ILnw.! AM.: Close
qJ7 : 12.94(12.9442.91 (13.92112.8i-83
Vjgusi .112.64112.64:12.64 12.64’12.57
s.ptember ‘ ....( ....'12.45-47
~,-mber . 12.39112.39112.34 12.36:12.30-31
\ ember .1 .... ... . ’ .... I ....112.30-32
n «,ember . 12.■‘0(12.*1 (12.35112.37112.31-32
January ~ 12 41.12.44 12.41112.43112.34-35
Februarv, | ....I .....12.57-59
Mar, h . 12.49(12.49: 12.48(12.48’13.40-41
Ma' . . . 12.59 12,59 12.56|12.56'
/ NEW YORK.
,r
Quotations tn cotton futures:
I I I 111:001 Prev
JOpenl High [Low 1A.M.1 Close.
Tub."" 7*". . (11.84:11.8871'1.84jiT788lTl?78-79
\ujt ■ ■ . 11.92 11.92'11.90111 90'11 85-87
-ept. . ■ . .12. 01112.02(12.01112.02111.94-95
Oct 12.12112.1712.12'12. !5i 1 2 07-09
Nov. . . . .’ | I '12.09-11
Per 12.21112.26 12.21.12.23 12.16-17
Jan . . .12.21 12.23 12.19 12 2112.14-15
Feb ■ • • •' ' 12.18-19
Mar . . . .12.27:12.30(12.27 12.30 12 20-22
Ma; . . .12.35 12.35 12.35 12.35 12(26-28
ATLANTA LIVE STOCK MARKET.
U< W. H. White. Jr., of the White Pro
vision Company.)
Quotations based on actual purchases
Jurlng the current week:
Choice to good steers, 1,000 to 1.200 575
<§6 75: good steers. 800 to 1,000, 5.5006 50-
medium to good steers, 700 to 850, 5 (jo®
6(10. good t<‘ choice beef cows. 800 to 900
4.7505.50: medium to good beef cows. 700
to 800, 4.0005.00; good to choice heifers
750 to 850. 4.75@5.75: medium to good
heifers, 650 to 750. 4.0004.75. s a
The above represent ruling prices on
good quality of beef cattle. Inferior
grades and dairy types selling lower
Mixed common steers. If fat. 700 to 803
$4.00 0 4.75: mixed common cows, if fat 600
to SOO. $3.50 0 4.50: mixed common bunches
to fair. 600 to 800. 2.7503.50; good butch
er bulls. 3.250 3.75.
Prime hogs, 100 to 200 average 7 50®,
7.65; good butcher hogs, 140 to 1 60 7'25®
749 good butcher pigs. 100 to 140 675®
7.00: light pigs. 80 to 100. 5.50@6.00; heavy
rough hogs. 200 to 250. 6.5007 c.
Above quotations apply to corn-fed
hogs. Mast and peanut fattened hogs la
l%c and under.
Prime Tennessee spring lambs. 60 to 75
450 0 8.50; good Tennessee lambs 50 to 60
5 5006.00: mutton, sheep and yearling
(ordinary). 3.0004.00. -rungs
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 al 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.
Hog supply about normal. Market
Braetically unchanged.
Here’s a Drink With Real Merit
WE WANT A
NAME FOR IT
[r~ We are ready to place
$ i n-oo on the market a new
X soft drink, absolutely
Will Be Paid (iifferent from al w >’ ou
the Person have yet tried. It will
Who Sends be sold at soda founts
theßestName and in bottles. Give us
~ a name for the drink.
Send in as many suggestions as you like. For
the name we select we will pay $lO in gold.
Should more than one person happen to
send in the same name, the money will be
divided. Men and women, boys and girls,
in any city or town, are invited to submit
names. You do not have to buy anything
in order to submit your suggestion for the
name. This is free and open to all. Win
this sio---send in the name at once. The
name selected and the winner of the sro
w ’ll be published in this paper August Ist.
SOMETHING OF THE DRINK
The soft drink we want a name for
is puie and absolutely harmless It
quenches thirst and may be served
'■•>lJ in summer and hot in winter. II
is enjoyable with plain or carbonated
water, ot with ice cream soda,
sweet milk or other soda fount
drinks, as it will not curdle. It re
lieves headache and nervousness. Un
til 1897 this drink was on the market
and had a wide sale. We have the
original formula and have improved 11.
It is a cocoa and a cola drink—but no
name will be received which imitate#
that of any other drink.
Address WILLIAM FRANCIS,
P. O. Box 1656, Atlanta, Ga.
STOCKS.
By CHARLES W. STORM.
NEW YORK. July B.—Nearly all the im
portant railroad and industrial stocks
sold at sharp recessions at the opening
of the stock market today, trading re
flecting a disturbance of speculative po
sitions by the showings of the bank state
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
iev acted in unison, declining % from
Saturday s closing Amalgamated Copper
and I'nited States Steel common were %
lower. American Smelting was ’4 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.
Union Pacific lost %.
The curb was quiet Americans in Lon
don were listless. Canadian Pacific in
London rallied.
NEW YORK STOCK MARKET.
stock quotations:
i i i t"' II IPrev
STOCKS— lOp'n fHigh|Low. 'A.M.ICl'ss
Amal. Copper (83 | S 3 I 82%' 83%; 83%
A. Smelting. . 84 84 83%! 83% 84' 2
Am. Can. . . 34% 84%j 34%: 34%’ . ...
do. pfd.. . .‘117%'117' 4 (11 7% ■! 17% ....
A. Beet Sugar. 74 I 74 74 74 I .
Anaconda. . . M%( 41% 41%! 41%’ 41%
Atchison . . . 108% 108% 108%;108% 105',..
B. and <>.. . . 108% 108 %. 108%; 108% 105%
C. Pacific. . . 265% 266% ;266% "'66% 266
C. F. and 1.. .' 30% 30%. 30% 30% 31
Krie 34% 34%' 34%l 34% 34%
Goldfield Con.. 14444
G. Western. . 17 17 17 ' 17 ' 17%
G. North., pM 137% 138 137% 138 137 5 «
G. North. Ore 43% 44 43% 44 43%
111. Central . . 128% 1128% 128% 128% 128%
Interboro ... 21% 21% 21 %| 21% 21%
K. and T.. . . 27% 37**' 27% 27% 27%'
Lehigh Valiev. 1168% 169 ‘ 168% 169 " 169
I. and N. . . 160% 160%. 160% J60%T6C%
Northern Par. 123 123% 123% H 23% 122%
Ont. and West. 33% 33% 33%i 33%' 33%
Pennsylvania. .1.24 ‘124 124 124 124
People s Gas. .115'.-, 115% 115% 115% 115',
Reading. . . . 165 165% 165 165% 165%
So. Pacific. . .109% ,109% :109%1109%i109%
So. Railwav 29%' 29% 29%: 29% 29%
do. pfd. . . . 77% 77% 77% 77% 77
Tenn. Copper . 43 43 43 43 43%
I nion Pacific.. 168 %’ 1 *BI6B 168% 168%
I tab Copper. 62% 62% *::%' 62% 62%
U. S. Steel. . 70% 70% 70 70% 70%
do. pfd. . .112% 112% 112 112 111%
Va. Car. Chem 49% 49% 49%' 49%: 4n%
Westinghouse. . 77 77 77 77 77
CHICAGO GRAIN MARKET.
Grain quotations:
Open. High Low 11 a 1.
WHEAT—
Jul' . . . . 1.03% 1.03% 1.03% 1.03%
Sep. ... 99% 99% 98% 98%
Dec. . . . 1.00% 1.00% 1.00% 1.00%
CORN—
Sept. . . . 66% 66% 66% 66%
Dec. . . . 57% 57% 57%
May. . . . 58'.. 58% 58% 58%
OATS—
Sept. . . 36 36 35% 35%
Mr. Busines Man or Woman: Aren't
you on a sharp lookout for competent help
of all kinds? You know' that it Is good
business policy to get live wires with you.
Let us call your attention to the "Situa
tions Wanted " columns of The Georgian.
Here is where you have a chance to select
the best help that can be had on the mar
ket. These people that advertise can
furnish you the best of references. So.
from now on read the "Situation Wanted"
columns of The Georgia and got the help
that will be of the most service to yo.q.
THE ATLANTA GEORGIAN AND NEWS. MONDAY, JULY 8, 1912.
COTTON SCORES
TEAR’S HIGHEST
Aggressiveness of Big Profes
sionals and Bad Weather
Cause Advance.
NEW YORK. July 6.—The cotton mar
ket was firm at the opening today and
first prices were unchanged to 6 points
higher. New crops again displayed the
most strength. There was a big demand
at the outset, one house alone being ac
credited with buying orders for 30.000
hales of December.
After the call short# made a madly
rysli to cover, amidst exciting scenes
prices was carried within ten minutes
after the first quotations 4 to 11 points
better than the opening. In addition 10
shorts covering there was fresh buying
by those who sold early taking profit
The laie weather report shown condi
tions unfavorable over the larger por
tion of the eastern belt and the western
half, with this combined with big pro
fessionals pounding the market for near
positions set prices on an upward move
ment. with October and December lead
ing other options: TJiese two months
crossed the 12-cent level, carrying Octo
ber to 12.09. with December 1.2.1 z. with
the other positions following the advance,
setting new high levels for the year.
At the close the market was very steady
with prices 23 to 28 points over the final
of yesterday.
RANGE IN NEW YORK FUTUBES
ISI *I * Pl ’ i?
July 11.61:1.1.77 11.61 11 77T1.78-79'11.55-56
Aug. 11.62'11.84 ;1.1.61 11.84 1.1.85-87.1 1.62-63
1 Sep. 1 L 85.11.92111.85(11 91 11.94-95'11.70-72
t Oct. 11,83:1 2.09'11.82 12.09 1 2.07-09 11.81 -82
I Nov 12 09-11|1 1.85-86
I Dec. 11.94 11,-17111.93 1::.17(12.16-17(11.00-91
'Jan. 11.92112.1.5'11 9;: 11.15 12 1 ‘ -15 11.86-87
I Feb. 1 1.97(1 1.97'1 1.97'11.97J1.18-19 11.90-92
.Mar. 1 .01 12.2112.01 1.2 21 12.20-2? 11.95-97
I May_|l2.o4 12.24 1 j. 0412.24 rjr6_-28 11.99-12
Closed very steady
Liverpool cables were que 2 points lower
on July and 3 points lower on others:
opened quiet 1 to 2 points off: closed
steady and quiet 2 to 2% points lower:
spots 2 points off; middling. 6.84. Com
parisons for ports last week 3,623. against
509 and 6,373. New York Sun: "Report
ed 7,400 bales sold out. of local stock yes
terday to spinners. It was low-grade,
but price was 25 points on August."
RANGE IN LIVERFOOL FUTURES.
Futures closed quiet and steady,
opening i-tevlnu?
Range Close. Cl'”®
July 6.60 -6.58 6.61 6.63
July-Aug. . -.6.61 -6.58 6.60 6.62
Aug.-Sep. . . .6.58 -6.56 6.57 J 6.59
(Sen.-Oct. .. . 6.50%-6.49 6.50 ■, 6.52%
Oct.-Nov 6.45 "-6.43% 6.44% 6.47 "
. Nov.-Dec. . . .6.42 -6.41 ’ 6.41% 6.44
I Dec.-Jan. . . .6.41 -6.39% 6.49% 6.43
(Jan -Feb. . . .6.41 -6.'39% 6.41 6.43
i Feb.-Mar. . . .6.4? 6.41 6.43%
'Mar \pril. . .6.4- -6.41 6.41% 6.44
Xpril-May. . . .6.43 6.42% 6.45
|May-Jun<?. . . .6.44 -6.42% 6.42% 6.46
i Closed steady and quiet,
I RANGE IN NEW ORLEANS FUTURES.
j£|j | r|ul 1
July 12.66'12.84 12.66 12 84 12.82-83 12.60
Aug. 12.38:12.59:12.38112.59112.57 12.35-36
Sep. 12.28(12.39:12.28112.39112.45-47:12.16-18
Oct. 12.06’12.32'13.05'12.31(12.30-31'12 01-02
Nov. 12.30-32 12.00
Dec. .12,07 12.33.12.05 .12.32’12.31 -32112.01-03
; Jan. 12.12 12.35'1 2.12 12.3< i 2.34-35! 12.04-06
I Feb 'l2 57-59:12.08
i r -_2“J 8 ■ 1 - 12 -’ 8 12 11 41 12 11-12
| Closed very steady.
. PORT RECEIPTS.
( The following table shows receipts at
; the ports today compared with the same
! day last year:
~~ r
New Orleans. . . .' 2»i 489
Galveston ' ’ 357
Mobile. 1 11 : ....
Savannah 625 19
1 Norfolk 396 1
Total | 1,550 SO9 -
I : 7 _. —— —
INTERIOR MOVEMENT.
_ I J 191 - ~ 19TL ’
H0u5t0n......1 "15 I — 26 ~
: Augusta 196 19
| Memphis 665 357
St. Louis 157 161
Cincinnati 51 48
' I-*'" l *' Rock .... .... , 5
i Total. 1.084 616 -
SPOT COTTON MARKET.
1 Atlanta, steady: middling 1.2%.
New Orleans, firm: middling 12%.
New York, stead) ; middling 12 15.
' Philadelphia, steady: middling i‘.’.4o
! Boston, steady; middling 12.15.
I Liverpool, easier: middling 6.84 d.
Savannah, quiet; middling 12c
Augusta, quiet: middling 12'.;.
Mobile, steady, middling 11%
Galveston, steady: middling 12%.
Norfolk, firm: middling 12%.
I Wilmington, nominal.
Little Rock, quiet: middling 11%
| Charleston, nominal; middling 11%.
j Baltimore, nominal; middling 12c.
Memphis, steady; middling 12%.
I St. Louis, quiet: middling 12%
Houston, steady: middling 12%.
Louisville, firm: middling 12c.
CHRONICLE WEEKLY
REPORT ON WEATHER
NEW lORK. July 6.-—Our telegraphic
reports this evening from she South are
on the whole favorable, and indicate that
the crop is doing well in most sections.
From a few localities there are complaints
of too much moisture, but in the main
the rainfall has been moderate Our
Texas advices are to the effect that the
plant is in first-class condition, and the
outlook in that state has never been bet
ter.
COTTON MARKET OPINIONS.
Thompson. Towle A- Co.: We believe
the trend will be upward
Norden & Co.: We think sal#s will
prove profitable before long unless weath
er conditions should become decidedly
unfavorable.
Ha? den. Stone * ro | no(< for
higher prices.
BUTTER, POULTRY AND EGGS,
NEW YORK. July 6. -Dressed poultrv
easier, turkeys 13023; chicken# 18®30:
fow's 11 %® 16%: ducks 18019.
Live poultry active, chickens 28®26
fowls 1a: turke’ S 13. roosters 10% ducks
14 geese 10.
Butter firmer; creamyery specials 25%
0 26%: creamery extras 27®27% «7ate
dairy, tubs 22@36%: process specials 25
Eggs firmer: nearby white fancy 260
27. nearb)' brown fancy 230114; extra
firsts 22%®23%; firsts 19%0 2O
Cheese firmer; white milk specials 15
@15%: whole milk fancy 14% bid: skims
specials 12013%: skims, fine 10 1 .0 11 ', ■’
full skims 6%@8%.
NEW YORK COFFEE MARKXT.
Coffee quotations:
I Pliening. 1 Clo»lna
jinuary .13.740 13.80 13.66013 68
February 13.630 13.75,13.60® 13.62
March 13.790 13.85:13.71 (a 13 72
April 13.80013 85 13.730 13 74
May ........ 13.81 13.750 13.76
■ lune 13.7501.3 76
July ..... 13.300 13.40 13.300'13.31
August ... 13 <OO 13.<4 13.380 IS 39
September -13.48 13.450'13 46
October ■ ■ 13 580 13.65 13 500 13.61
Novemhei 3 *5013 <0 1 : 56®13 ,>s
Dec' j2O I", 75 |.' 6<o 13 <.3
"Closed dull, eales, 26’250 ——
AND GOSSIP;
Of the Fleecy Staple I
NEW YORK, July 6.—Carpenter. Bag
got & Co.: Habersham King, in his re
port for June, says: "Unseasonably cool
weather which lias naturally provoked
! much fear of damage proved to have
shown no temperatures low enough to
| cause damage. Rains have been excessive
I only in a portion of Georgia, with scat
| tered local heavy showers tn Alabama.
Mfsissippi and Arkansas. I believe I am
I conservative in judging the month's de
| velopmems as ver) beneficial to 40 per
cent, quite favorable to 50 per cent and
unfavorable to 10 per cent at the outside. "
I Opinion prevails that the government
I has again underestimated the cotton acre
age.
Sentiment is more bullish. Interests
which bought freely several weeks ago
have taken profit.
'there is considerable selling.of cotion
for a decline.
Dallas wires: 'Texas, east ami south
generally clear, balance partly cloudy to
cloudy; raining in Henrietta: good rain at
Quanah; rained at Weatherford and East
land. Oklahoma, generally cloudy; rain
ang Mountain Forks."
hollowing is the statistical position of
cotton on Friday. July 5, as made up by
’I he Nety York Financial Chronicle:
I This ] Last I Las?
I Week, i Week. | Year.
Vis. Supply . 3.155,9451 3,384,5811 2,271,287
American . . 2.184.945 2,34*581 1.248.288
In sign, wk. 64.805 681830 47,453
Since Sep. 1.15.041.043:14,961,949 11,570.862
Port stocks. . 324.163 352.657 207.495
Port receipts . 16,946’ 16,465' 8,561
Exports. . . 38.610 29.207: 9.772
Int. receipts. . 8.869. 15,515 3.035
Int. Shipmts 20,039 24.745' 1.3.718
Int. stocks. . ■ 144,215: 155,3851 122,9J0
Following is the Liverpool cotton state
ment for the week ending Friday, July 5:
| ~i912. | ~ 1911. | 1910._
Week's sales . . 62,000| 43,000' 30,000
•if which Am.. 52,000 37.000 28.000
For export. . . 3.100 1,0001 6.800
: For- speculation. 3.900' 3.700 3,400
Forwarded ■ . . 81,000' 60,000: 57.000
'Of w hich Am. . ’ 52,000'
Total stocks. .11,000.000 665.000 500.000
of which Am. .1 5.000 8.000 12.000
Actual exports I 7.100 '<.ooo 2,000
Week's receipts I 23.000 2U.000 18.000
Os which Am. .1 5,00, 8.000 12.00 Q
Since Sep. 1. .4.943.000 4.179,00012,967.000
Os wh'ch )m. 4.215.000 3,311.00012.274.000
Stocks a,loat. .., 54.000 *4.000 67.000
Os which Am. J___33.ooo; L»,000 47.000
new orlf.ans July 6.—Hayward A-
• 'lark. Weather map shows fair in west
ern Half of belt: good rains north
west Texas and Oklahoma. Cloudy in
eastern half: general showers, but mostly
light, except .64 at Atlanta.
The New Orleans Tiines-Demoerat says:
At the close yesterday Liverpool was 20
English points or 40 American points
higher on new crop deliveries than Im
mediately before the reading of the bu
reau reports Wednesday, while New Or
leans was higher on October by 27 points.
Liverpool is called the consumers' mar
ket, while New Orleans is called the pro
ducers’ market. There Is food for re
flection ip this parity drift. Neverthe
less, there are many men who profess
to believe the local market Is fast ap
proaching a good selling basis, and are so
advising then' friends. In this connec
tion. here are some facts that might lie
remembered wnn profit. One year ago.
when the South was on the road to a 16.-
f'CO.OOO-bale crop, and when the irade ex
pected 15,000.000 bales. October New' Or
leans sold at 13.29. and later advanced to
I. Yesterday, with the bullish posi
tion fortified by government figures. •Octo
ber closed at 12.01.
' <
4*i^-r*r%**r4*vv%*%*^Ti*i*i*i*’* <, **V‘l*v*?vvv
V WEEKLY COTTON STATISTICS, v
Secretary Hester's New Orleans cotton
exchange statement, issued yesterday,
covers the monthly movement to June 30.
Compared with last year it shows an
inctease for the month in round figures of
3J.V00 bales, compared with year before
last a decrease of 33.000 and with 1909
a decrease of 102(000.
The total for June was 170.42a. against
138.171 last year. 203.750 year before last
and 272.49.7 same lime in 1909.
The movement from September 1 to
June 30 inclusive, shows receipts at ail
United States f»rrts 11.789.807. -against
8,524.633 last year. 7.169,885 year before
last and 9.884,028 same time in 11'09: over
land across the Mississippi, 'ihio and Po
tomac rivers to Northern mills and Can
ada 968.586. against 920.743 last year.
788 591 year before last and 1.185.522 same
time in 1909: Southern mills takings, ex
clusive of quantity consumed at Southern
outports. 2.388.501'. against 2.141.000 last
year. 2.093.000 year before las' and : .17.
tzl'O same time in 1909. and interior stock
in excess of those held a< the commence
ment of the season <0.807. against 60.895
last j ear. "0.658 year before last and 75.263
same time in 1.909.
These make the total movement of the
cotton crop brought Into sight during lite
ten months ending close of June 15.21 i,700.
against 11.647.271 last year. 10.142.044 year
before last and 13.352.813 same time in
1901.
Northern spinners took during June 81.-
730 bales, against 49,417 last year and 71.-
286 year before last, increasing theft to
tal for the ten months to 2,334 519. against
.053,915 last year and 1.998.237 the year
before. This amkes their average weekly
taking: for the season 53.338. against 47.
450 last year and 46,497 tiie year before.
Foreign exports for the ten months of
the season have been 10,233.065 bales,
showing an increase over last season of
2,883,513 and an increase over the same
period year before last of 4,355,909.
Stock at the seaboard and the twenty
nine leading Southern interior markets on
June 30 were 496.762. against 309.357 lite
same date last year, and 403.297 the )ear
before.
Including port and interior town stocks
left over from the previous season and
the number of bales of the current crop
brought into sight during the ten months,
lite suppl) has been 1a.504.674t against
11. last year and 10.394.360 the year
before.
Up to June 30 last year 96 11-100 per
cent of the cotton crop had been mar
keted and for the same ten months in
1910 the percentage of the crop brought
Into sight was 95 60-100 and for the same
time tn 1909 the percentage marketed was
96 58-100.
In addition to the monthly movement.
Secretary Hester Issued today a weekly
statement for the seven days ending July
5. showing amount brought into sight for
tiie week 32,502. against 2'0.373 for she
seven days ending July 5. last year. 13.-
343 year before last and 37.399 same time
In 1909.
World's Visible Supply.
Secretar) Hestei s statement of the
world's visible supply of cotton made up
from special cable and telegraphic ad
vices compares the figures of this week
with last week, last year and t.ve tear
before. I' shows a decrease for the week
just closed of 238.388. against a decrease
of 165.935 last ) ear and a decrease of
193.937 year before last.
The total visible is 3.187.32". against
3.425.717 lasi week. 2.232,309 last year and
2.251.808 year before last t’tf this the
total of American cotton Is 2.194.329.
against 2.359,717 last week. 1.209.399 las'
year ami 1.229,808 year before last, and of
all other kinds, including Egypt. Brazil.
India, etc.. 2.993.000. against 1.066,000 last
week. 1.02?."00 last yeat and 1,031,000 vear
before last.
The total visible supply of cotton as
above shows a decrease compared with
last week of 238.388, an Increase compared
ylth last year of 954,933 and an increase
compared with year before last of 935.521.
Os the world's visible supply of cotton
as above, there Is now afloat and held in
Great Britain and continental Europe
2.037,000, against 1,300.000 last year ami
1.176.000 year before last: in Egypt 82.-
000, against 87,000 last year and 72,000
year before last and 656.000 year before
iast. and in the United States 46.3,000.
against 303.000 lasi year and 348,000 year
before last.
World's Spinners’ Takings.
Secretary Hester gives the taking of
American cotton by spinners throughout
the world as follows, in round numbers:
This w'eek 199.000 this year, against
155.000 last year. 1.79,000 year before last.
Total sine# September I this year 13.-
840 000. against 11,232,000 last year and
10.394.000 the year before
•if this. Northern spinners and Canada
took 2,344.000 baler this >ear. againsj
2."48."00 last < ear and 2.019.000 the <aa''
before. Southern spinners 2.453.000.
against 2.198.000 last year and ' .18.1,006
i',« year be'ore. and fo«ign .-ninners
y o.< c newt, a gains . 6.086.900 la*' 'ear and
'I.' 1 " Ot'O the' year before.
WEEK-END STOCK
NUET STRONG
Fractional Gains Throughout
the List With Active Trade.
Undertone Firm.
By C. W. STORM.
NEW YORK. July 6. Although some
fractional losses were sustained at the
opening of the stock market a better de
mand was in evidence, and after the first
few minutes prices' generally moved to
higher levels. )
Reading and Southern Pacific sustained
the greatest losses, each being % lower.
Reading rallied soon afterward and with
in half an hour bad recovered all its de
cline. United States Steel common was
unchanged at tiie outset, but later gained'
'<■ Pennsylvania, Amalgamated Copper
and American Smelting each gained %.
Erie common and Union Pacific lost %.
Interboiough-Metropolitan made a frac
tional gain, but Brooklyn Rapid Transit
was offered at recessions.
The curb was easy. Americans in Lon
don were quiet above New- York parity.
Canadian Pacific in London sagged on
continental selling.
The market closed steady; governments
unchanged and other bonds steady .
Stock quotations:
| |1 aat | Cits i Prev
STOCKS— |Hlgh|Low.lSa>e. l Bid.lCl’a#
Arnal. Copper.! 83%: 82%:’83%r83%| 82%
Am. Ice Sec... 27 26%
Am. Sug. Ref.ll3o 130 130 129% 129
Ant. Smelting 84% 83% 84% 84% 83%
Am. Locomo... 43% 43%! 43% 43% 43%
Am. ('ar Fdy 58 58
Am. Cot. oil . .. 53% 53
Am. Woolen ..... 27% 27%’
Anaconda 41% 41% 41%; 41% .41
Atchison H08%(-08%'108% 108%i108%
A. •'. 1 ! . ... .140 139%
Am. Can .... 34% 34% 34%' 34% 34
do. pref. . . 111 %:il7 117 ’116% 116%
Am. Beet Sug. 74 : 73'%: 74 73%l 73%
Am. T. and T 141%.145' 4
Am. Agricul 60%' 60
Beth. Steel . ...' 37%: 37%
B- K - ,T 9 -% 9K% «2% 92% 93%
B. ami •>. ... 108%: 08%|108%1105%i108%
Can. Pacific .. %'66% 266%:266%1266 267
Corn Products i ....’ 15% 15%
•'■ and •) 80%.
Consol. Gas ..' .... 144 143%
t'en. Leather .' ....: .... ....; 26% 26%'
Colo. F. and I ’ 31% I 31 ’ 31% I 31 i 30
Colo. ' 4
!’■ and H. .. 167 167
Den. and R. GJ 19 19
Distil. Secur... 33% 33% 33% 33% 32%
Hrle .......... 34%1 34%: 34%' 34% 35
do. pref 52% 52%
Gen. Electric 180%’179‘y IBO' 2 180 '78%
Goldfield Cons 4 4
G. Western .. 17% 17%
G. North., pfd. 137%. 136% 137% 137% 136%
G. North. Ore. .. 43% 41%
Int. Harvester 120%:120%
Illinois Central 128%128%
Interboro . 21 <%' 21 ■% 2'% 21% 21%
do. pref. .. 60% 60 60%' 60% 59%
lowa Central . 1.0 11
K. C. Southern 25% 25% 25% 25% 25
K. and T. 27% 27%
do. phef .... 59% 57%
L. Valley. . .168% 168 168%''6:t 168%
L. and N. ... 160 160 160 160% 160
Mo. Pacific . . 36% 36% 36% 36%. 36%
N. V. Central '1.1.7 117 117 1117 116%
Northwest ... .; 136%1136%
Nat. Lead . . . 59% 59% 59% 58% 58%
N. and W.. . . 115 114% 115 115 114%
No. Pacific. . .123 122%'122% 122% 11'2
o. and W 33% 33%
Penn 124%,11Z4%1124%'124 124
Pacific Mail 41%: 31%
P. Gas Co.. . . 115% 11.4% 115%tH5%1114%
P. Steel Car. ( 35%: 35%
Reading. . . ,:165% 164%’168%(165% 165%
Rock Island. .1166- 156- 1166 ■ 1166 |166-
do. ; pfd 50% 50%
R. I. and Steel: .... ~..' . ... t 2.7% .27%
do. pfd 84 84
S. -Sheffield. ’ .. . ’. . .'."56 ' 55
So. Pacific.; : / .... 1...". . . 109%’ 109'% •
I So. Railway. . 29% •;«% 29%! 29%4' jß%'
do. pfd.. . . 76% 76 . 76% 77 . 75%
St. Paul. . . . 105% 105 105'4 105 104%
Tenn, Copper 43% 43 43%l 43% 42
Texas Pacific . .'... .... . ... 2-'i 23%
Third Avenue [ ...(•' 39% 38%
Union Pacific 168% 167%'' *B% 168%'168
U. S. Rubber 55 ’ 54% 54%; 54% 54
Utah Copper 62% 62% 62%' 62%< 62%
U. S; Steel . . 70%l 69% 70% 70% 69%
do. .pfd.. . .112 <ll2 'll2 111% 111%
\ -•' Chem. . 50 .<?% 50 49% 4',
'l est I nion . 82 82
Wabash. . 4% 4% 4% 41, 4%
do. pfd " 13% 13%
West. Ele<. . . 77 75% 77 77 76%
Wis. Centra: 5'% 51%
W _Maryland. 57% 57% 57% 57% 57
Total sales. 123.300 shares.
MEW YORK BANK STATEMENT.
NEW YORK. July 6. The weekly state
ment of the New York associated banks
show the following changes:
Average statement: Excess ca“h re
serve. $1,328,500. decrease ”19.746,250.
Loans, increase $:::4.»93.000
Specie, decrease $18,569,000.
l egal tenders, decrease $1,191,000.
Net deposits, decrease $639,000
Circulation, decrease $164,000.
Actual statement: Loans, increase sls" -
000.
Specie, decrease $24,010,000
I egal tenders, decrease $141,000.
Net deposit’, decrease v? 5.559,000.
Reserve, decrease $17,959,050
LOCAL STOCKS AMD aCNDa
RM Ask*<s
Att»n'» A Wes' T’-'ln’ R ft... 14* ;«$
American National Rank ... 216 220
Atlantic Coal A Ice common. 104 igr
Atlantic Coal A Ice pref s$
A > anta Rrewlne X- De C 0... ’7»
Atlanta National Bank 320 330
Central Bank A Trust Corp 15a
Exposition Cotton Mills 144 4 !KS
Fourth National Bank 260 255
Fulton National Bank yjs ] 3n
Ga. Ry- A Elec, stamped.... I? 4 us
Ga Rv A Pow. Co . common 27 30
So. Ist pfd 80 15
do 2d pfd 46 47 iz,
Hillver 1 rust Company. i?s
Lowry National Bank 248 35#
Realty Trust Company 108 no
S'Xtb Ward Bank «»% !0 |
Southern Ice common 6« ~ n
Third National Bank, new.. 220 225
Trust Co. of Georgia 225 235
Travelers Bank A Trust Co, Iz'i iy«
BON DS
Atlanta Gas Light Ist 5s ... 101%
Georgia State 4%s 1«15 101 ;#> I
Georgia Midland 'st ...... as 1
Ga Tty A E'er Co 6« .... 101
Ga Ry A Elec ref 5a I
Atlanta C- sol'dated ss . ..'. ln’% ..
Atlanta City 3%s 1931 . 91
Atlanta City 4%5, 1921 102 103 "
Southern Bed Rs »»%
COTTON SEED OIL.
Cotton seed oil quotations
1 • tnemng. ■ <•'••<<lo*
Spot.. T7.“r. — .'( "'l - 67750'"6(95'
July ' 6.830’6.85 6.8406.90
August 1 6.9006 94 * 9406.95 I
September. .. ..' 7.080'7,09 7.0807.09 1
October 6.920,6.93 6.9406.95
November 1 6.3806.40 6.3906.40 |
December I 6.3506 36 6.3506.36
January 6. 34 0 6.37 6.3406.37
Closed barely steady; sales 5,000
LIVE STOCK MARKET.
CHICAGO. July 6 -Hogs Receipts 6.-
000. Best 5c higher: others steady: mixed
and bulchecs 7.100’7.60; good heavy 7.50
0 7.60; rough heavy 7.10®7.40: light 7.10 1
07.55. pig# 5.250:7.10; bulk 7.300 7.55.
t'attle Receipts <*oo Market steady.
Beeves 6.2509.10: cows and heifers 2.50
08.25; stockers and feeders 4.5006.40:
Texans' 6.5008.25: calves 6.250 9.50.
Sheep -Receipts 4,000. Market strong
Native and Western 3.500'5.15; lambs 4 65 I
0 8 00
It you -ent a. letter or telegram to the
wrong address you would hardly expec’
»n answer, would you? Th* yam* is true
"hen you select the wrong medium to
b?* e ytl your wants filled. Try ’he right
vay The Georgian " ant Ad war.
j ATLANTA MARKETS
EGGS -Fresh country candled, 18019 c
BUTTER -Jersey and creamery, in 1-lb.
blocks. 30@22%c. fresh country dull, 10@
12%c pound.
DRESSED POULTRY—Drawn. head
and feet on, per pound: Hens 16@17c,
fries 250;27c, rooste’s B@loc, turkeys,
"wifig to fatness. 18020 c.
LIVE POULTRV -Hens 400:45c. roost
' ers 25@35c. fries 3"©>soc. broilers 20@25c,
buddle ducks 25030 c. Pekin ducks 40@>
45c. geese 50@60c each, turkeys, owing
to fatness. 14@15c.
FRUITS AND PRODUCE.
. FRUIT AND VEGETABLES -I-emons,
fancy, $4.5005 per box'. Florida oranges,
$303.50 per box. Bananas, 3®3%c per
pound. Grapefruit. $506 per crate. Cab
bage. 101 %<■ per pound. Florida cab
bage. $2 0 2.50 per craft. Peanuts, per
pound, fancy Virginia. 6%®7c. choice 5%
®6c. Beans, round green. 75e®51.00 per
crate Florida celery. $2 0 2.50 per ers'e
Squash, yellow, per six-basket crates.
$1.00@1.25. Lettuce, fancy, $1.25@1.5F
choice $1.250150 per crate Beets. s3@
3.50 per barrel. Cucumbers, 75c051.00
per ciate. English peas, per drum, sl@
1.25. New Irish potatoes, per barrel. $2.75
03.00.
Egg plants, .S2O 2.50 per crate Pepper,
H. 0 2 per etale. Tomatoes, fancy, six
basket crates, $1.5001.75; choice tomatoes,
$1.7502 Pineapples. $202.25 per crate.
Onions, $1,250’1.50 per bushel. Sweet pota
toes, pumpkin yam. $101.25 per bushels.
Watermelons, $lOOl5 per hundred. Can
teloupes, per crate. $1.75 02.00.
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%c.
Cornfield skinned hams, 16 to 18 pounds
average. 17%c.
Cornfield picnic hams. 6 to 8 pounds
average. 12%c.
Cornfield breakfast bacon, 23c:
Grocer style bacon (wide or narrow),
17%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, 35-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, $1.60.
Cornfield pickled pigs feet, 15-pound
kits, sl.
Cornfield pure lard (tierce basis), 1.2%c.
Country- style pure lard, 50-pound tins
only. 11%c.
Compound lard (tierce basis), 10c.
D. S. extra ribs, 11 %e.
D. S. rib bellies, medium average. 12c.
D S. rib bellies, light average,ll l 4 c.
FLOUR AND GRAIN.
FLOUR I’ostell’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 thaif 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 |>atent) $6.10: White Lily' (highest pat
ent) $5.85: White Daisy. $5.85; Southern
Star. $5.60: Sun Beam. $6.60; 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-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,
X 9.50 per ton.
SEEDS —(Sacked); German millet, $1.65;
amber carte seed. $1.55: cane seed, orange,
$1.50: Wheat (Tennessee), blue stem,
>1.40; red lop cane teed, $1.35; rye (Geor
gia) $1.35; Appier outs. 85c; red rust proof
101 s. 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 Jarge, bales. $4,75. Timothy, choice
third bales,-,51.60;.. ..Tim0thy No. 1. small
bales, $1.75; new difalfa; ‘choice, $1.65»;
Timpthy' No. 2. $1.70; Timothy No. 1 clo
ver. mI"M. $1.65? Mover hay.-$1.50: alfal
fa hay. choice sea green. $1.25; alfalfa No
I. $1.25; No 2. $1.25; peavine hay,
$1.20: shtteUs. 70c; wheat straw, 80c; Ber
muda hay, SI.OO.
FEEDSTUFF
SHORTS Halliday' white, 100-lb sacks,
11.90; fancy. 75-lb. sacks, $1.85; P W.
<5-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; Homeloine, $1.75; Gernt meal Hom
-51.75; sugar beet pulp, 100-lb sacks,
'1.50: 75-lb: sacks. $1 50
• Tib'KEN FEED Beef scraps, 50-!b
sacks. $3.50: 100-lb sacks. $3.25; Purina
scratch, dozen pound packages, $2.35;
Purina pigeon feed. $2.35: Purina babv
chick. $2.30; Purina chowder, dozen pound
par kages. $2 20; Purina chowder,. 100-lb.
tacks. $2.1.5; Purina scratch, 100-lb. sacks.
$2.1.5; Success baby chick, $2.10; Eggs.
$2 30; Victory baby chick. $2 30 Victory
scratch, 50-Ib. sacks. $2.25: Victory
scratch. 100-lb. sacks. s2.ls;.Chicken Suc
cess baby chick, $2.10: wheat. 2-bushei
bags, per bushel, $1 40; Rooster chicken
feed. 50-lb. sacks. $1 ; oystershell. 80c.
• IRuUND FEED Purina feed. 1.75-lb.
'■acks. $1 90; Purina molasses feed. $1.90;
Arab feed. $1.90; I niversa! 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. $1.75; alfalfa mo
lasses meal, $1 75. alfalfa meal. $1.50.
GROCERIES.
SUGAR Per pound, standard granu
lated, 5%<:; New York refined, 5%c; plan
tation. 6c.
COFFEE Roasted (Arbuckle's). $24.25;
AAAA. $14.50 in hulk; in bags and bar
rels. $2.10: green. 19c.
RlCE—Heaiz. 4%05%c: fancy head, 5%
06';,c. according to grade.
LARD—Silver leaf. 12%c per pound;
Soeq. 9%c per pound: Flake Whits. 9%c
per pound: ( ottolene. $7.75 per case;
Snowdrift, $6.50 per case
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.
WILL GIVE YOU
PROTECTION
and
CONVENIENCE
AT LOW COST
Call or write u« fdr'eetaiog
and price*.
GOOKIN RANK & OFFICE EQUIPMENT CO.
PHONE tyv 45« 115 N. PRYOR ST,. ATLANTA.
■ —~~r.- || lIIUfWU >
HEW SELLING
LMGMINS
Wheat Drops 11 -4c to 1 3-Bc.
Corn and Oats Follow.
Cables Weak.
ST. LOUIS CASH QUOTATIONS.
Wheat No. 2 red 113%
Uorn 71% @7s
cats 44
CHICAGO. July' 6.---There was a strong
er undertone in wheat at the opening to
day on the unfavorable reports from Italy,
where the crop has been a partial failure.
Shorts were buyers on the soft, spots, and
they followed the market as it advanced.
Corn reacted and advanced from the
closing prices of yesterday, although the
reports from tiie interior were favorable
as to the growing crop.
Fractional advances were shown in oats
on covering by shorts.
Provisions were easier, although hogs
were strong to 5c higher.
There was some reaction in th# grain
markets as the day wore away, and these
changes were for the better Final prices,
however, were at losses of 1% to l%c for
wheat, and the feeling was tame aa the
week-end and the day closed.
Corn sympathized with wheat in a
measure and showed some strength lats.
althoughl resting spots were %o%c
lower.
Oats sold off % to 2%c for the day and
showed only small reactions from bottom
prices.
Provisions were from 36 to 37%e lower.
The cash situation in grain was dull
with no transactions tn wheat, only 85..-
000 bushels in oats and 222,000 bushels
corn changed hands
CHICAGO GRAIN MARKIT.
Open. High. Low. Cloee. Closa.
,- Frer.
VTtFTEAT ~
JulYj.o4% 1.05% 1.04 1.04% I.OSH
Sep. 1.00% 1.01% 99% 99% 1.01
Dec. 1.01% 1.02% 1.00% 1.00% 1.03
CbRN—
July 70' 71 69% «»% 70%
Sep. 6761 77% 66% 66% 67%
Dec 58 58% 57% 67% M%
OATS—
July 43% 43% 40% 40% 43%
Sep. 36% 36% 36 36 3«%
Dec. 37% 38% 37% $7% 37%
PQ
July 18.00 18.00 16.00 16.00 16.82%
Sep. 18.72% 18.77% 18.40 16.40 18.77%
Oct. 18.40 18.40 18.40 16.40 18.70
LARD—
July 10.70 10.70 10.60 10.50 10.70
Sep. 10.92% 10.92% 10.62% 10«5 10.90
Dec 10.92% 10.92%‘t0.62% 10.70 10.97%
RIBS—
July 10.27% 10.27% 10.27% 10.27% 10.67%
Sep. 10.57% 10.57% 10.40 10.40 10.55
Oct 10.47% 10.47% 10:40 10.40 10.37%
LIVERPOOL GRAIN MARKET,
Wheat closed %d to %d lower.
Corn closed %d to Id lower.
CHICAGO CAR LOTS.
Following are receipts for Saturday and
estimated receipts for Monday:
I Saturday I Monday.
Wheat 34 11
Corn 287 199
oats 176 140
Hogs. 7,000
NEW YQRK GROCERIES.
NEW YORK. July 6.— Coffee quiet; No
7 Rio spot 14% Rice steady; domestic
ordinary to prime 4%04%. Molasses
quiet: New Orleans, open kettle 350)45.
Sugar, raw quiet; centrifugal 3.77; mus
covado 3.72: refined quiet; standard gr#n
ulated 5.00: cut loaf 5.05; crushed 5.80;
mould A 5.70; cubes 5.30; powde'red 5 25;
diamond A 5.20: confectioners' A 5."0; Nd.
1 5.10; No. 2 5.00: No. 3 4.85; No. 4 4.50
CHICAGO CASH QUOTATI6NS.
CHICAGO, July 6.—Wheat. No, 2 red
1O5%01.O8; No. 3 red 1.03%1.07: No. 2
hard winter 1.0501.07%; No. 3 hard win
ter 1.030 1.06: No 1 Northern spring 1.12
01.14; No. 2 Northern spring 1.0901.12;
No. 3 spring 1.0401.11.
Corn—No. 2 70®71; No. 2 white 75®
75%; No. 2 yellow 71071%; No. 3 68%©
69%; No. 3 white 74@-74*4; N.o. 3 yellow
70071; No 4 65%®66; No. 4 white 710
72: No 4 yellow 660’68
Oats N'o. 2 white 48048%: No. 3 white
470 47%; No 4 white 45047; standard 47
0 48.
NEW YORK PRODUCE MARKET.
NEW YORK. July 6.—Wheat weak;
September 1.05%®1.06, spot No. 2 red 1.16
in elevator and 1.16% f. o. b. No 3 in
elevator nominal, export No. 3 nominal f
o. b.. steamer nominal. No. 4 70. Oats
weaker: natural white 53054. Rye quiet;
No. 2 nominal f. o. b. New York. Bar
lev steady; malting nominal c. I. f. Buf
falo. I lav easier; good to prime 1.0001.45.
Folur easier, spring patents 6.4005.70.
winter patents 5.650(5.85. straights 5.150
5.35. clears 4.60 05.
Beef steady; family $18018.60. Pork
firm; mess 20.500'21, family 30081. Lard
easier; city steam 10%@10%. middle West
spot 10.70 bid Tallow quiet: city (in
hogsheads) 6'. nominal. country (In
tierces) 5%@6%.
MINING STOCKS.
BOSTON, July 6.—Opening: Greene
Cananea. 10; Boston Corbin. 8; Utah Con
solidated. 10; Butte Superior, 44%; Cal
umet and Arizona. 75; Lake Copper. 37%;
I'nited States Smelting, 37%; North Butte,
15