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16 COTTON MEN SSK REFORMS ABROAD Changes in Methods of Arbi-! trating Claims Urged in Res olutions at Conference. NEW YORK, July 20.—At a meeting of Representatives of 41 cotton ex changes of the country at the New York Cotton Exchange here a chang- In present methods used py foreign Cotton exchanges in arbitrating claims growing out of cotton shipments abroad, looking to more equitable treatment of American interests, was strongly rec ■bm mended Resolutions were . adopted setting forth the reforms desired by the Ameri can cotton exchanges, and these reso lutions were sent to the Liverpool Cot ton association and to the Bremen and Havre cotton exchanges for considera tion. George W. Neville, president of the New York Cotton Exchange, who is to sail for Europe next week, was au thorized to use his efforts while abroad to bring about a conference of all Eu ropean and American exchanges early in 1913 in an endeavor to arrive at some working agreement In time for the crop of 1913-14. The resolutions regarding the pro posed reforms in arbitration follow: Want Experts on Committees. ■ That Liverpool, Bremen and Havre arbitration appeal committees, to be composed of salaried employees of such exchanges, who shall be expert cotton daesers shall give their entire time to 4BUch work and have no other interest fin any way connected with cotton. Unless otherwise stipulated in the jOontract, arbitration on quality should .'be conducted on the basis of official differences ruling In the respective re ceiving markets on the dates of sale. Application for arbitration to be dated and sealed arbitration samples «ent to arbitration committee within ten days of last dote of landing. * An arbitration must be held within twenty days of the date of application. That Havre be requested to adopt the Id verpool and Bremen method of du plicate sealed samples. That present ruling of allowing three points for dif ferences betwe.en American uncom pressed samples and foreign redrawn compressed samples be changed to an Allowance of one-quarter of middling and above, and one-half grade on grades below middling; same to be de ducted from any award made and not to be considered in making the award. Standardization Asked. We recommend that all cotton in terests work toward the standardiza tion of classification of American cot ton of ail growths, which shall be world-wide. That in all cases when any ship ments are tared by the receiver, if no excess tare is established, all taring charges must be paid by the receiver, including the seller’s supervision ex penses. That examination of bales for excess tare must be conducted at the time of weighing said bales, and that in weighing the tare allowance must, be made for any moisture therein. That where cotton is arbitrated and penalties assessed in addition to the grade differences the seller shall have the option of accepting rejection and replacing in receiving markets within markets which quality sold. The shipper shall not be required to pay any arbitration fees except where the allowances exceed double the ■•mount of such fees In the adjustment of weight out turned and in the event of cotton being tared, any deficiency of actual tare from tare agreed upon shall be de ducted from any claim for loss of weight on such shipments. We request the Liverpool associa tion to rescind the antiquated rules in regatd to double draft. That the Liverpool, Bremen and Havre exchanges be requested to allow ten days to appeal from arbitration. COURT OF APPEALS OF GEORGIA. Argued and Submitted. Empire Life Insurance Company vs. Edna B. Einstein, from Mitchell. R. G. Taylor vs. Thomas J. Felder, from Sumter. A. H. Dukes vs. D. L. Gore & Co., from Lowndes. Atlantic Coast Line Railroad Com pany vs. J. R. Thomas, from Brooks. International Life Insurance Com pany vs. W. 11. Nix. from Carroll. City of Albany vs. 11. Cassel et al., from Dougherty. Adam Jones et al. vs. District Grand Lodge No. 18, from Chatham. OFFICIALS RESIGN FROM STATE MUTUAL LIFE CO. ROME, GA., July 20.—John C. Odell, general manager of agencies, and E. B. Barclay, assistant to the president. hav< resigned from the service of the State Mutual Life Insurance Company, of this city. Both Mr. Odell and Mr. Barclay ar well known in insurance circles, and have been attached to the State Munia for several years. Mr. Odell will devot< himself to his private business for a time, and Mr Barclay has under con sideration other insurance connection.--. CONSPIRACY ALLEGED IN ARMUCHEE KILLING ROME. GA., July 20.—Charges were made today by the prosecution that Charles Williams was lured to the horn of his wife at Armuehee on a pretense of a reconciliation proposed by he: and there was killed by Ed Gibson, so ahe could marry his brother, Charles Gibson. The plea of self-defense by Gibson was ridiculed by the prosecu tion. Mrs. Williams anil her three eons were arrested, today, charged with conspiracy. One of them. Will Frix, endeavored to board a train at Cal houn to leave the stat, when an offit e grabbed him. Williams’ father and brother-in-law are hire to prosecut' Gibson. PACKERS'TRUST PLANS TO QUIT Actual Steps Toward Dissolu tion of National Packing Company Are Taken. CHICAGO, July 20.—That actual steps in the dissolution of the National Packing Company have begun became known today. The 350 companies held by the National are being assigned to the three principal owners of the Na tional, the Armour, Morris and Swift* Interests. Mailing of a printed notice to the department managers of the Ar mour company, notifying them that 46 of the National subsidiaries had been assigned to the Armour interests, has become public. The companies held bv the National are valued approximately at $50,000,000. The National itself is the company, the government has frequently alleged, through which the beef trust has been operated. The dissolution of this com pany is a step, It is understood, taken to prevent the filing of a dissolution suit and another long legal battle in the Federal courts for the dissolution which was decided on after the'recent trial of the heads of the beef trust for alleged violation of the Sherman law. The beef barons were then notified that the attorney general was preparing a dissolution suit. They agreed to volun tary dissolution. Company Managers Notified. The notice' sent to the Armour man agers follows: Armour <% Co's, apportionment National Packing Company houses, in division now under way. To the departments: The follow ing houses will be taken over and operated under the National Pack ing Company system; Baltimore, Eutaw Beef Com pany; Lowell, Mass., Omaha Pack ing Company; Philadelphia, Qua ker City Beef Company; Toledo, Hammond Company; Washington. G. H. Hammond Company; Jack sonville, National Packing Com pany; Macon, Ga., National Pack ing Company; New Orleans. Na tional Packing Company, Ltd.; , Birmingham, Ala., National Pack ing Company; Spokane, Wash., National Packing Company. A list of 32 houses to be taken over and operated under the Armour system follows. Four others will become the property of Armour & Co., but will be operated under their own names and systems. The order becomes effective July 28. U. S. Demands Real Dissolution. No plan for the dissolution of the beef trust except an absolute and defi nite dissolution will bo accepted by the Federal government, according to Unit ed States District Attorney Wilkerson today. The full plan of the packers must be submitted to the government by August 1. "There will be no paper dissolution or nominal distribution of subsidiaries,” declared Wilkerson “We will demand absolute dissolution.” Shortly before noon the National Packing Company submitted a formal statement of thi- proposed distribution of Its assets to Federal District Attor ney Wilkerson. KIMBRELL’S CONDITION NOT AS BAD AS FEARED j i S. Melvin Kimbrell, whose wonderful violin was the subject of an article in yesterday's Georgian, said today that his condition is not as bad as it had been feared, and that he wishes his many friends who have written him letters of sympathy to know that he expects many years of life, despite his tubercu lar trouble. Mr. Kimbrell has been taking treat ment at the Battle Hill sanitarium for nearfy a year, and since being out there has ajiown an improvement that bids fair to be steady. Being qompelled to remain away from active business life, he took up the making of a violin into which he has put all his strength and force, wishing it to go to his four-year old daughter, Ruth. She is to learn to play it during his life and in after years to have it as a remembrance of hyr father. TAKES SIX SHOTS AT THIEF HE DISCOVERS IN HIS HOME S. M. Holcombe, 96 Holderness street. West End, early today shot six times at a burglar, who invaded his bed room. Mrs. Holcombe was aroused by the noise made by the burglar in climbing through a window, and awoke her hus band. As Holcombe reached for his pistol, the intruder dived for the win dow. falling on a fence outside. Quick ly gaining his feet, he sped away amid the fusillade of bullets. Whether he was hit is not known. Policemen Cochran and Jameson made a search of the neighborhood. INTERURBAN ROAD WAYCROSS, GA., July 20. A move ment has been started by prominent people of Hilliard, Fla., for an electric railway from Waycross through Folks ton, Hill:..rd and Callahan, to Jackson ville. A committee of cttizei.s of Hil liard has been named to confer with persons along the propositi route. The Board of Trade of Waycross is asked to co-operate. CHARTER BILL READY. SAVANNAH. GA., July 20.—Copies of the hill for the establishment of a commission form of government in Sa vannah have been sent to the Chatham county members in the legislature and the senator from the First district. The necessary 30 days of advertising the I measure have expired, and proofs of i tin advertiseiticnts accompanied the I bill. THE ATLANTA GEORGIAN AND NEWS, SATURDAY, JULY 20, 1912. COTTON DROPS; CABLESM Trading More Concentrated and of Good Character—Bet ter Weather Map. NEW YORK. July 20. Weakness In the English market and greatly Im proved weather conditions in the At lantfcs and the eastern belt had a very depressing effect on the cotton market to day, opening prices 6 to 10 points below the previous close. Later in the early trading the reported prospects of further general rains in Texas caused a heavy selling wave to prevail on the market with a further decline of 3 to 5 points. Scattered buying after the call caused a rally of several points, but later local professionals and Western interests sold freely taking profit. Late In the short session trading the market became quiet, with spot interest trading largely on near crop positions. At the close the market developed a steady tone with prices show ing net losses from 4 to 8 points from the final quotations of Friday. Warehouse stocks in New York today, 113,008; certificated, 99,458. RANGE OF NEW YORK FUTURES. t “ j S’? I si 0 IE J "w U 8.0 July 112.15 12.16 12.11 (12.16 12.13-17 12.21-23 Aug. |12.15 12.16112.12 12.16(12.16-17 12.21-23 Sep. .12.26 12.26112.20 12.20(12.26-27 12.31-33 Oct. 12.35112.38 12.30 12.37112.36-37 12.43-44 Nov. | ( I ; ,12.37-39 12.44-46 Dec. 112.37112.41112.32(12.40112.39-40 12.43-44 Jan. 12.36 12.39:12.32112.39112.38-39 12.43-44 Feb. 12.37 12.37 12.37'12.37112.40-44 12.45-47 Mar. 112.46 12.48)12.41 12.47112.46-47 12.54-55 May 112.50112.56|12.50|12.56112.56 12.60-61 Closed steady. Liverpool cables were due 1% points higher to 14 point lower. Opened quiet, 3 points lower; closed easy 5% to 6 points lower. Spots quiet, 5 points off; mid dling 7.19 d; sales 5,000 bales, including 3.000 American. Speculation and export t 800. Estimated port receipts today 1,300, against 2,069 last week and 640 last year, compared with 7,407 In 1910. RANGE IN LIVERPOOL FUTURES. Futures opened easy. Opening Previous Range. Close. Close, July 6.97 6.94 7.00 July-Aug 6.96 -6.93 6.92% 6.98% Aug.-Sept 6.90 6.87% 6.93 Sept.-Oct 6.78 -6.75 6.74% 6.80% Oct.-Nov 6.72%- 6.68% 6.74% Nov.-Dec 6.67 -6.65% 6.64 6.70 Dec.-Jan 6.66 -6.64 6.63 6.69 Jan.-Feb 6.67 6.63 6.69 Feb.-Mar 6.63% 6.63% 6.69% Mar.-Apr 6.67 -6.65 6.64 6.70 April-May.. .6.68 6.65 6.71 May-June 6.67%-6.66% 6.66 6.72 Closed easy. HAYWARD & CLARK’S DAILY COTTON LETTER NEW ORLEANS, July 20,—1J verpool showed surprising weakness today, closing 6 to 7 points lower than due, with spot prices 5 points lower; sales 5,000 bales. Cables reported large continental selling probable in consequence of political de velopments. Many explanatory articles have apeared lately atttil I ting the mar ket decline in European standard secur ities to peaceful reason, principally the exchange for other values bearing more Interest. These arguments have been rather offset by a frank admission ap pearing in the London press today to the effect that the sharp decline in consols is partially attributed to the naval engage ment In Turkish waters, and nervousness over possible European complications. With foreign mills carrying large re serve supplies of raw material and goods, the apearance of any real menace to peace would create a large hedge selling move ment, particularly as we are on the threshhold of another supply. Our market declined in the early trad ing to 12.50 for October, but met a rather bad demand on the decline, and soon ral lied to 12.58. Bullish opinion lately seems to have developed much more strongly than appears on- the surface. There is a growing belief that the crop east of the Mississippi river, with the exception of the Carolinas, is in such a condition that only unusually perfect weather can make it produce a good yield. It is feared that a sudden change to excessive heat and sun shine would cause as much damage as continued rains. Georgia. Mississippi and Tennessee are expected to show consid bureau report. RANGE IN NEW ORLEANS FUTURES. __— ®3 £ ” o x 2 co u 12 JuiyiiS W1i08F13735113735' 13730 113735-40 lug. I i 12.99-01 1.3.05-07 Sep. ]....” 12.66-60112.81-93 Oct. 12.54'12.59 12.50i12.57 12.57-58112.62-63 Nov 1 12.56-58'12.62-63 Dee 12.51 12.56 II!.48 12.55 12.55-56112.61-62 Jan. 12.54 12.58 12.53 12.57 12.58-59112.66-67 Feb I ....; | | 12.61-63112.67-70 Mil- 12.66:12.67 12.65'12.67 12.65-66112.73-74 Apr. - I I '12.70-71112.78-70 May 12.71 42.77112.71(12.76] 12.75-76:12.83-85 Closed steady. SPOT" COTTON MARKET. Atlanta, steady: middling 12%. New Orleans, steady; middling 13%, New York, steady; middling 12.80. Philadephia, steady: middling 13.05. Boston, steady; middling 12.80. Liverpool, easier; middling 7.19 d. Savannah, steady: middling 12c. Augusta, quiet; middling 13c. Mobile, steady; middling 11%. Galveston, steady; middling 12%. Norfolk, steady; middling 13%. Wilmington, nominal. Utile Hock, firm; middling 12%., Charleston, nominal. • Baltimore, nominal; middling 13c. Memphis, steady; middling 12%. St. Louis, steady; middling 12%. Houston, steady; middling 12%. Louisville, firm; middling 12%. PORT RECEIPTS. The following table shows receipts at the ports today compared with the same day fiistyearj ~_ r 19127 | 19117 New Orleans . . -j 510 87- Galveston 1 194 ' 437 Mobile i 10 , .... Savannah 1.37 34 Charleston : 1 i .... Wilmington . . .<; .... , 25 Not folk 455 55 Total j 1,307 |' 640 ~ ‘INTERIOR MOVEMENT. I 1912. | lt.lT ~ Houston | 1.79 361 — Augusta ; 11 ; 209 Memphis 430 , 265 St. Louis 37 404 Cincinnati . . . .; 563 i 22 Little Ko. k .... \ 2 COTTON MARKET OPINIONS. Bally ,(y Montgomery: Buying on breaks looks to be the safer course. I ”gan ,<■ Bryan: A higher market Is indicated. Miller Co.: We look for further ad vance. Buy December cotton. Hayden. Stone ,<• Co.: ’i"ho speculative tetnjsT leans to bull side and yet higher level looks probable. LIVE STOCK MARKET. CHICAGO, July 2’o. -Hogs Receipts 9- 000: market stead) to .%- higher; mixed and butchers $7.30017.99; good heavy <7 G.’.'i, 7.B7rough heave $7.20® 7.60; light .*7.35417.70; pigs $6.25® 7.40; bulk $7.55® 7.85. Cattle -Receipts 100. Market steady; la-eves .15® 9.45; vows and heifers $3.50 ««.*•; Stockers and feeders $4 27.1(6.50; Texans $6 8 15; calves 27.2541 8.65. Sheep flee, pts 1.000. Market sieadt : native and Western 23.35i1j5.1j; lambs 24.501 J 7.40. Frews and gossip Os the Fleecy Staple NEW YORK, July 20.—Carpenter, Bag : got & Co.: It has been said a bulk of | the short Interest is In October. It Is believed that those who are short in October are long December or January. Reports from Manchester are bullish. Trade there is booming, and it is ex pected that" business there this season will consider a crop under 14,500,000 bales as bullish. It has been reported that 60,000 bales are engaged for August shipment -to Havre from Galveston. Dallas wires: “Texas—Panhandle and extreme western part clear; balance gen erally cloudy; light rains in Malakoff, Pet ty. Eastland, Longview, Paris, Palestine, Athens, Clarksville, Big Sandy and scat tered showers; heavy rains yesterday evening at Stamford, Hamlin and Jack sonville and Beaumont; cooler. Oklahoma —Generally fair and cooler.” NEW ORLEANS, July 20.—Hayward & Clark: The weather map shows greatly improved conditions; fair in east Missis sippi, Alabama, Georgia and South Caro lina. Partly cloudy to cloudy elsewhere. Scattered showers in east Texas; general showers in Mississippi, Louisiana, Ten nessee, but rainfall was light. No rain in Atlentics except in North Carolina and along coast districts. Indications are for clearing in Atlan tlcs; probably showers in central and western states; improved prospects for further general rains in Texas. Liverpool cables that "shorts covered; Manchester distinctly quieter. Will need constantly bad crop news to hold mar ket.” Houston has five new bales today, mak ing seven new to date. Following is the statistical position of cotton on Friday, July 19, as made up by The New York Financial Chronicle: This I Last Last Week. I Week. Year, VWbie sup.. 2,824,655 2,980,170 1,986,152 American. . . 1,889,655 2,028,170 1,032,152 In sight wk. 54,545 62.600 44,047 Since Sep. 1.15,158,608 15,104,063 11,658,46.3 Port stocks. 266.330 292.260 166,878 Port receipts. 11,670 13,080 5,217 Exports. . . 27,715 32,587 12,318 Int. receipts. 7.932 11,393 4,481 Int. Stocks , 120,206 136,640 104,287 Following is the Liverpool cotton state ment for the week ending Friday, July 19: Weeks' sales. 71 50,000| 45.000 ] 22,000 Os which Am. 41,000 42,000 17,000 For export. .... I.loo' 1,000! 5,500 For speculation ' 1,400 300 Forwarded. . . 70,000] 52,000 41,000 Total stocks. . . 889.000 588,000 458,000 Os which Am.. 758,000' 433,000 366.000 Actual exports. . B,ooo] 9,000 12,000 Week's receipts. 15,000' 27,000 16,000 Os which Am.. 5,000] 14,000 11,000 Since Sep. 1. . 4.983,000 4.219.000 3,021,000 Os which Am. . :4,232,'000i3,326,000 2,322,000 Stocks afloat. . I 59,000! 46,000 37,000 Os which Am..] 29,000] 13.000 J 20,000 The New Orleans Times-Democrat's summary; The news from the fields con tinues bullish enough, but the technical position at the moment lends weight to the bear argument. Liverpool appears to be disposed to put on the brakes until more conclusive evidence of actual dam age to the crop shall be forthcoming, and New York seemed Inclined to follow suit. In New Orleans, however, where first hand information as to crop conditions in va rious parts of the belt is daily dis tributed, sentiment has become somewhat tinged with bullish ideas. In the event that clearer weather does not shortly pre vail in the central and eastern portions of the belt, another drive on the short interest in the market may be reasonably anticipated. The outside public is be coming more interested in the crop situa tion. and the orders received from this source are almost invariably to buy. It must be admitted, too. that the occasional trader on the outside is acting discreet ly, and prefers to buy on recessions than to risk the market at the top. All ele men’ of a big speculative movement in cotton are at hand apparently, but lead ers on the bull side are lacking. That is, they have not taken a commanding posi tion so far. Estimated receipts Monday: 1912. 1911. New Orleans 900 to 1,300 108 | THE WEATHER " WASHINGTON, July 20.—The weather will remain generally unsettled tonight and Sunday over the eastern half of the country with showers, except in New England and the middle Atlantic states, where there will be little or no rain. It will be somewhat w'armer from the Lake region eastward except along the Atlantic coast. General Forecast. Following is the forecast until 7 p. m. Sunday: Georgia—Local showers tonight or Sun day. Virginia—Unsettled with local showers tonight or Sunday. North Carolina, South Carolina, Florida, Alabama and Mississippi—-Local showers tonight or Sunday. Louisiana—Unsettled, showers. Arkansas and Oklahoma—Unsettled. East Texas—Unsettled, showers. West Texas—Generally fair. DAILY WEATHER REPORT. I Lowest temperature 71 Highest temperature 86 Mean temperature 78 • Norma! temperature 78 I Italnfall in past 24 hours 0.01 Excess since Ist of month 1.42 Excess since January Ist 18.02 REPORTS FROM VARIOUS STATIONS. I Temperature! R'fall Stations— I Weath. I 7 ] Max. ] 24 I |a. m. I.v'day.jhours. Augusta (Clear I 78 I Atlanta Cloudy | 78 i 86 .01 Atlantic City .(Cloudy I 66 1 SO .... Boston (Clear ] 66 ; 78 .... Buffalo Pt. cidy 62 66 .... Charleston .. Cloudy ] 82 88 .... Chicago (Raining' 60 66 .04 Denver Pt. cldy 60 : 82 ... Des Moines . JCloudy 72 I 66 .16 Duluth (Raining 54 ' 72 .02 Eastport ....(Clear ] 60 i 74 .32 Galveston ... (Pt. cldy' 80 84 I .12 Helena Cloudy 58 78 Houston (Clear ' 78 ' .. ! .44 Huron (Cloudy I 58 I 62 ! .36 Jacksonville .'Clear ! 82 1 90 I .... Kansas City. Pt. cldy.' 72 ! 84 ! .... Knoxville Cloudy 74 84 .16 Louisville ....Clear 70 SO I .... Macon Clear 78 90 ] .... Memphis .... Cloudy ] 74 88 , Meridian .... Pt. cldy. <6 ... .42 Mobile 'Clear I 78 84 .... Miami Clear 80 86 : .22 Montgomery .'Clear ( 78 ' S 6 .28 Moorhead .... Cloudy i 58 62 I .02 New Orleans (Clear I 80 86 .14 New York .. Cloudy ' 62 76 ] .... North Platte . Cloudy j 66 92 .38 Oklahoma ... Clear 73 I 92 I . Pittsburg ....(Cloudy ' 62 I 72 I .... Portland. Oreg Cloudy 60 ] 86 I .... San FranclscolClear 54 I 64 I .... St. Louis ...'Clear I 70 ' 78 ! .... St. Paul ...(Cloudy 58 64 .06 Salt Lake City (Pt. cldy.! 62 78 1.10 Savannah ...(Cloudy 82 ! .. .... Washington ..'Cloudy ! 64 ! 76 I .... C. F. VON HERRMANN, Section Director. COTTON SEED OIL. Cotton seed oil quotations: I Opening. I Closing. Spot ' 6.204:6.60 July 6.49416.49 I 6.454/6.49 August 6.55916.60 1 6.56(x6 4S September. ' 6,674(6.69 I 6.674(6.68 October 6.71<t#5.72 6.684(6.70 November December I 6138®6.34 ] 6.324( 6.33 January 6 324 i 6.34 6.31 cd 6.33 Closed quiet; sales 4.800 barrels. NEW YORK GROCERIES. NEW YORK. July 20. —Coffee barely steady; No. 7 Rio spot 14%4/14%. Rice firm; domestic, ordinary to prime 4%4t' 5% Molasses firm: New Orleans, open kettle 364( 50. Sugar, raw easier; centrif ugal 3.78; muscovado 3.48: J (lasses sugar 3.23; refined steady: standai <1 granulated 5.15: cut loaf 5.90; crushed 5 SO: mold A 5 45: cubes 5 35: powdered 5.20: diamond A 5.10; confectioners' A 4.95; No, 1 4.95; No. 2 4 90, Na 3 4 85; No. 4 4.80. STOCK SLIGHT!./ OFF AT WEEK-END Market Literature Generally Optimistic—Trading Active. Undertone Firm. By CHARLES W. STORM. NEW YORK, July 20.—Erie Common and Amalgamated Copper were the cen ters of speculative interest at the open ing of the stock market today. Each gained %. During the first fifteen minutes transactions were few and the tone was very quiet. United States Steel com mon was % off at the outset, and later made further concessions. Erie preferred was % up at the beginning, but lost its advance upon the first few transactions. Canadian Pacific was off % as a result of selling in London. Lehigh Valley wade a substantial gain, but Reading was % lower. Baltimore and Ohio, Atchison, Pennsylvania and others made fractional gains. The curb was steady. Americans in London weer firm on professional trading. The market closed steady; governments unchanged; other bonds steady. Stock quotations: I | 'Last i Clos.lPrev STOCKS- IHighiLow.lSale.l Bid.lCl’se Amal. Copper.] 84%| 83%l 83%j 83%i 83% Am. Ice Sec...! . ...| .....I ....! 26 I 25 Am. Sug. Ref..1128%1128%|128%!128%|128% Am. Smelting I 83%' 83%; 83%! S?.%i 83% Am. L0c0m0...! 43%' 43%l 48’/ 8 | 42% 43 Am. Car Fdy...| .. ..' . .. | . ... I 58 ' 57% Am. Cot. Oil . 52% 52% 52%i 52%! 52% Am. Woolen . ...J ....' .... ....I 26 Anaconda ...J 41% 41%i 41%l 41% 41% Atchison .....1108%:1.08%!108%|108% 108% A. C. L ' .... ........(139% 140 Amer. Can ...I 36% 36% 36%1 36% 36% do, pref. . ,;116%:116% 116%|116% 117% Am. Beet Sug. 73%! 73% 73%] 7354 73% Am. T. and ’11!145% 145% 145%|145% 145% Am. Agricul....! .... 61 61 Beth. Steel ..I 35%l 35% 35% 35% 35% B. R. T I 91% 92% B. and O ] I ....,'109% 109% Can. Pacific . . 266 265%!266 26? 266% Corn Products 15 15% C. and 0 80% 807, Consol. Gas 145% 145% Cen. Leather 27 27 Colo. F. and 1 31 30% Colo. South 39 39 D. and H 167% 167 Den. and R. G 19 19%. Distil. Secur 31% Erie 1 35% 35% 35% 35% 34% do, pref. .. 53% 53-%! 53% 53 52% Gen. Electric 'IBO% 180% 180% 179% 179% Goldfield Cons 4 4 G. Western .. 17% 17% 17% 17 16% G. North., pfd. 138 137% 137% 137% 137% G. North. Ore. 42% 43 Int. Harvester 120 119% 111. Central ... 131 131 131 130 130% Interboro 20% 20% do, pref. .. 59 59 % 5854 58% 58% lowa Central I 13 K. C. South 24% 24% K. and T 27% 36% do, pref. .. I .... 59 59 L Valley. . .]l6B (16754 167% 167% 167% L. and N. . . . 1159% 159% 159%1157% 157% Mo. Pacific . J 36%! 36%1 36%l 36 36% N. Y. Central (11.6 116 (116 '115% 116 Northwest.. . 138% 138%; 138 %'l3B 138% Nat. Lead. . .! 59 59 | 59 I 59 5854 N. and W. . . 116% 116%lll6%!116% 116% No. Pacific . .'122 121%;121 %]121% 121 % O. and W.. . .' 32 54 32 % 32%’ 32% 32% Penn 1123% 123% 1123% 12354 123% Pacific Mail .11 31 I 31 P. Gas Co '116%|116 P. Steel Car 35 I 35 Reading. . . . 166 16554 16514 16514]165% Rock Island 24‘4i 24% do. pfd.. . . 49 49 49 I 48%! 48% R. I. and Steel! 27 26% do. pfd.. . . (84 84% S. .' 5554 5554 5554! 55 55 So. Pacific . .1110% 110% 110'4111058 110% So. Railway .] 29% 29% 29% 29 29% do. pfd.. . . 77% 77% 77% 77% 77% St. Paul . . . 103%1103% 103% 103% 103% Tenn. Copper .43% 43% 4354! 4354 43% Texas Pacific ....I ! 22% 22% Third Avenue ....I I 37% 37% Union Pacific 169 .1168% 168*4(168% 168% U. S. Rubber 53%] 63 '53 ( 52% 52% Utah Copper 6214.1 62%l 62%l 61 54 62 U. S. Steel . . 70% 70% 70% 70% 70% V. Chem I ....I 49% 49% West. I nion .] 82%' 82%! 82%' 82%; 8254 Wabash ... 4 I 4 4 ' 4% 4 do. pfd.. . . 15%| 15%; lu% 13% 1354 W. Electric . ....< .... ....I 7654! 76% Wis. Central . .... .... ....52 52 W. Maryland ' .... ....' .... 57%' 57% Total sales, 77,700 shares. LOCAL STOCKS AND BONDS. . Bid. Asked. Atlanta & West Point R. R... 140 145 American Nat. Bank 220 225 Atlantic Coal & Ice common. 100% 101 Atlantic Coal & lee pfd 90 92% Atlanta Brewing & Ice C 0... 175 Atlanta National 8ank...... 320 330 Broad Riv. Gran. Corp 20 25 do pfd 66 70 Central Bank & Trust Corp. ... 150 Exposition Cotton Mills 160 165 Fourth National Bank 262% 267% Futon National Bank 127 131 Ga. Ry. & Elec, stamped.... 126 127 Ga. Rv. & Pow er Co. common 27% 31 do. Ist pfd 81 85 do. 2d pfd 45% 46% Hillver Trust Company 126 131 Lowry National Bank 248 250 Realty Trust Company 108 110 Sixth Ward Bank 100 110 Southern Ice common 68 70 The Security State Bank.... 115 120 Third National Bank. new... 225 230 Trust Company of Georgia... 225 235 Travelers Bank & Trust C 0... 125 126 BONDS. Atlanta Gas Light Ist 5s 102 104% Broad Riv. Gran. Corp. Ist 6s 90 95 Georgia State 4%5. 1915, 05... 100% 101 Ga. Ry. & Elec. Co. 5s 102 104 Ga. Ry. & Elec. ref. as 100 101 Atlanta Consolidated 5s 102% ... Allanta City 3%5, 1931 91 92 Atlanta City 4%5, 1921 102% 103% NEW YORK BANK STATEMENT. NEW YORK. July 20.—The weekly statement of the New York associated banks shows.the following changes: Average Statement. Cash reserve, $15,659,150; Increase, $13,- 084,500. Loans, decrease, $28,429,000. Specie, increase, $7,187,000. Legal tenders, increase. $2,181,000. Net deposits, decrease, $14,874,000 Circulation, decrease. $132,000. Actual Statement. Loans, decrease, $15,144,000. Specie, increase. $7.91*0,000. Legal tenders, decrease. $479,000. Net deposits, decrease, $7.58!*.000. 9 Reserve, increase. $8,4.59,270. NEW YORK PRODUCE MARKET. NEW YORK, .lulx 20 —Wheat dull and easy; July. 1.06% (bid): September, 1.00%: spot, No. 2 red, 1.06%1.03% in elevator, and 1.08% f. o. b. Corn dull and weaker; No. 2. in elevator, nominal: export No. 2. 78% f. o. b.; steamer, nominal: No. 4, nominal. Oats steady; natural white, 56<<( 58; white clipped, 59® 61. Rye quiet: No. 2. nominal, f. o. b. New York. Barley quiet: malting, nominal, c. i, f. Buffalo. Rye dull: good to prime. 90411.40; poor to fair, 80W1.10. Flour quiet; spring patents, 5.30® 5.60; straights, 5.00® 5.50; clears, 4.85<*(5.10; winter patents,- 5.65®5.85: straights, 5.10® 5,15: clears. 4.60® 1.80. Beef steady: family. 18.00® 18.50. Pork steady; mess. 20.004130.50; family, 20.00® 21.00. Lard firmer; city steam. l0%(((10* 4 ; middle W’est spot. 10.50 (bid*. Tallow steady: city, in hogsheads, 6%, nominal; country, in tierces. 5%®6%". BUTTER. POULTRY AND EGGS. NEW’ YORK. July 20. -Dressed poultry firm; turkeys 13®23; chickens 18®30; fowls 12®20: du£ks 18® 19. Live poultry steady: chickens 20®23; fowls 15% bid; turkeys 13 bid; roosters 14 asked: ducks 10 asked. Butter steady; creamery specials 27® 27* t ; creamery extras 26®26%: suits dairy, tubs 21%®26; process specials 25 asked. Eggs firm; nearby white fanev 27 bid: nearby brown fanev 244125; extra firsts 23® 24; firsts 19®:10. Cheese firm: white milk specials 15', to 15%: whole milk fancy 15®15* ( ; skints specials 12*4 ® 12*4/skims, fine 10%®ll*-; full skims 6%®8%. s”*"* * + 4- WEEKLY COTTON STATISTICS. 4 Ti:: 1•• i: 11;:! i::; 111 ft: it Secretary Hester's New Orleans cotton exchange statement of the movement of ootton shows an increase in the move ment into sight compared with the seven days last year in round numbers 8,000 bales, a decrease under the same days year before last of 35,000 bales, and a de crease under the same time in 1909 of 31,000 bales. For the nineteen days of July the totals show an increase over last year of 29,000, a decrease under the same period year before last of 20,000 and a decrease under the same time in 1909 of 31,000. For. the 323 days of the season that have elapsed the aggregate is ahead of the 323 days of last year 3,599,000, ahead of the same days year- before last 5,056,000 and ahead of 1909 by 1,834.000. The amount T>rought into sight during the past week has been 22,049 bales, against 14,493 for the seven days ending this date last year, 57,096 year before last and 53,331 same time in 1909, and for the nineteen days of July It has been 70.289, against 41.334 last year. 90,015 year before last and 101,249 same time in 1909. The movement since September 1 shows receipts at all United States ports 11,- 827.905. against 8,539,191 last year, 7,266.- 657 year before last and 9,909,064 same time in 1909. Overland across the Mis sissippi, Ohio and Potomac rivers to Northern mills and Canada 977,224, against 929,929 last year, 820,056 year be fore last and 1,210,000 same time in 1909; interior stocks in excess of those held at the close of the commercial year 31,860, against 33,798 last year, 1,057 year before last and 12.251 same time In 1909; South ern mills takings 2.451,000, against 2,185,- 687 last year, 2,144.287 year before last and 2,322,657 same time in 1909. These make the total movement for the 323 days of the season for September 1 to date 15.287.989, against 11,688,605 last year. 10,232,059 year before last and 13,- 054.062 same time, in 1909. Foreign exports for the week have been 26.643, against 23,822 last year, making the total thus far for the season 10,324,- 865, against 7.396,574 last year, an in crease of 2,928.291. Northern mills takings and Canada dur ing the past seven days show an increase of 6,366, as compared with the correspond ing period last year, and their total tak ings sirice September 1 have increased 307,711. The total takings of American mills, North, South and Canada thus far for the season have been 4,868.180, against 1,293,496 last year. These include 2,370,- 763 by Northern spinners, against 2,063,- 052. Stocks at the seaboard and the 29 lead ing Southern interior centers have de creased during the week 43,836 bales, against a decrease during the correspond ing period last season of 32,164 and are now 127,309 larger than at this date in 1911. including stocks left over at ports and interior towns from the last crop and the number of bales brought into sight thus far from the new crop, the supply to date is 15,574,963, against 11,936,537 for the same period last year. World’s Visible Supply. Secretary Hester’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 the year before. It shows a decrease for the week just closed of 147.782, against a decrease of 128,526 last year and a decrease of 133.497 year before last. The total visible is 2.828,787, against 2,976,569 last week, 1,958,768 last year and 1,966,729 year before last. Os this the total of American cotton is 1,880,787, against 2,014,569 last-week, 1,004.768 last year and T,037,720 year before last, and of all other kinds, including Egypt. Bra zil, India, etc., 948,000. against 962 000 last week. 954,000 last year and 929,000 year before last. The total world’s visible supply of cot ton, as above, shows a decrease com pared with last week of 147,782, an in crease compared with last year of 870.019, and an increase compared with year be fore last of 862,067. Os the world's visible supply of cotton, as above, there is now afloat and held in Great Britain and continental Europe 1,- 813,000. against 1,126,000 last year and 1,000,000 year before last; in Egypt 70.000. against 79,000 last year and 62,000 year before last; in India 570.000, against 510,- 900 last year and 590,000 year before last; and In the United States .376.000, against 244.000 last year and 315,000 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 week 156,000 this year, against 122.000 last year. 153,000 year before last. Total since September 1 this year 14,- 199,000, against 11.466,000 last year and 10,666,000 the year before. Os this Northern spinners and Canada took 2,371.000 bales this year, against 2,063,000 last year and 2,081,000.. the year before; Southern spinners 2.497.000. against 2.230.000 last year arid 2,222,000 the year before: and foreign spinners 9,- 331.000, against 7,173,000 last year and 6,- 363,000 the year before. ATLANTA MARKETS EGGS—Fresh country candled, 17@18c. t 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 16@17c, fries, 25@27%c; roosters, 8@10c; turkeys, owing to fatness. l8(®20e. LIVE POULTRY—Hens 40@45c, roost ers 25® 35c; fries, 18® 25c; broilers. 20®) 25c; puddle ducks. 25®30c: Pekin ducks, 40@45c; geese, 50@60c each; turkeys, owing to fatness, 14® 15c. FRUITS AND PRODUCE. FRUIT AND VEGETABLES—Lemons, fancy, $4.00® 4 50 per box. Florida oranges, $3@3.50 per box. Bananas, 3®>3%c per pound. Cabbage, I®l%c per lb. Peanuts, per pound, fancy Va., 6%@Tc, choice, 5% ®6c. Beans, round green. 75c®>$1.00 per crate. Florida celery, $2@2.50 per crate. Squash, yellcw. per six-basket crates, $1.0018*1.25. Lettuce, fancy, $1.25@1.5» choice $1.25@1.50 per crate. Beets. $1.50 ®2 per barrel. Cucumbers. 75c@51.00 per crate. New Irish potatoes, per barrel, S2.EO® 3.00. Egg plants, $2®2.50 per crate. Pepper, $1,009(1.25 per. crate. Tomatoes,fancy,six basket crates, $1.50® 1.75; choice tomatoes, $1.75@2. Pineapples, $2@2.25 per crate. Onions, sl.oo® 1.25 per bushel. Sweet pota toes, pumpkin yam, $1@1.25 per bushels. Watermelons, slo@ls per hundred. Can taloupes. per crate, $1.00@1.25. PROVISION MARKET. (Corrected by White Provision Company.) Cornfield hams, 10 to 12 pounds average, 15%e. / Cornfie) I hams, 12 to 14 pounds average, 15%c. Cornfield skinned hams, 16 to 18 pounds average, 16 *4 c. Cornfield picnic hams, 6 to 8 pounds average, ll%c. Cornfield breakfast bacon. 22c. Grocer style bacon (wide or narrow), Cornfield fresh pork sausage (link or bulk) 25-pound buckets. He. Cornfield frankfurters. 10-pound buck ets, average 10c. Cornfield bologna sausage, 25-pound boxes, 9c Cornfield luncheon hams, 25-pound boxes, 12c. Cornfield spiced jellied meats in 10- pound dinner palls. 10c. Cornfield smoked link sausage. 25-pound boxes. 9c Cornfield smoked link sausage In pickle, aO-nound cans, $4.50. Cornfield franKfurters in pickle 15- pound kits, $1 50 , ! p or ’L3 eld Pickled pigs feet. 15-pound kits. sr. ’ Cornfield rture lard (tierce basis). ll%c. Country style pure lard, 50-pound tins only, ll%c. Compound lard (tierce basis), 9c D. S. extra ribs. 11 %c. I*. S. rib bellies, medium average. Il%c D 8. rib bellies, light average. 1214c~ FLOUR AND GRAIN. FLOUR-Postell's Elegant. $7.50: Gloria (self-rising, $6.25: Victory (finest patent), $6.00: Faultless, finest, $6.25 Swansdown (highest patent), $6.25; Home Queen (highest patent), $6.00: Puritan (nighest patent* $6: Sun Rise (half patent) $5 50' Tulip flour. $4.50; White Cloud (highest natentl, $5.75; Diadem (highest patent), $5,50; Farm Beli, $5.40: Paragon thigh est patent). s6.t*o. White Lily (highest pat ent), s■» 75; 11 hite Daisy, $5.75; Southern Star, $5.50; Sun Beam, $5.50; Ocean Sprav ’patent), $5.50. CORN—White, red cob, $1.12; No. 2 GRAIN LOWER ON «RECEIPTS \ Commission Houses Good Buy ers on Decline—Cables Are Lower. ST. LOUIS CASH QUOTATIONS. Wlieat—No. 2 red winter (new).9B%®102 oat" .ppp::::;::::::::::;;: 49%® 75,4 CHICAGO, July 20. —Wheat was %c lower with the decline in cables and heavier receipts of new wheat in the Southwest the factor. Corn was off % to %c with wheat and on selhng by longs. an,i Commission houses and shorts boueht on wet weather. Locals sold Provisions were 2% to 5c higher Wheat closed weak in tone with prices ranging from % to l%c lower todav. Tpl market was tame and uninteresting si*?« r is( W )t S .h eak nd pric ? s were off from % to 1% in the various options. Favorable crop weather was the influence Oats were unchanged to %c lower The tone was firm, however, on wet weather in the harvest fields. Provisions were better all around and .the tone was firm despite the weak gra'r markets. ® Chicago grain market. Open. High. Lew. Close. Close. WHEAT— ' Prer July 97% 97% 96% 97 97?.; Sep. 94% 94% 93% 93% Dec. 96% 97 95% 96 97 > 101 i.bui CORN — 1 July 69% 69% 68 68% 69*fi Sep. 65% 65% 64% 64% 65*! Dec. 56% 56% 56% 56% 56% May 57% 57% 57% 57% 571! OATS— 72 0) - July 43 43% 42% 42% 42% Sep. 33% 34% 33% 33% 331! Dec. 34% 35% 34% 34% 34% M p j ork^ 4 , 37% 37% 37 * 371 * July 17.45 ' 17.45 17.45 17.45 17 37% Sep. 17.17 17.85 17.65 17.77% 17 67% Oct. 17.85 17.85 17.80 17.85 17 75 2 LARD— July 10.52% 10.57% 10.52% 10.55 10 45 Sep. 10.65 10.75 10.65 10.62% 10 62% Oct. 10.70 10.80 10.70 10.75 " 10.67* 2 M m 85 —371,4 10 ' 37% 10 ' 27 % 10-27% 10.67% July 10.37% Sep. 10.52% 10.57% 10.52% 10.52% 10.50 Oct. 10.50 10.52% 10.47% 10.47% 10.42% CHICAGO CASH QUOTATIONS. CHICAGO. July^2o.—Wheat, No. 2 red, 98%@1.00: No. 3 red. 96%@98; No. 2 hard winter, 98® 99%; No. 3 hard winter, 96® 97; No. 1 northern spring, 1.06@1.14; No 2 northern spring, 1.04@1.12; No! 3 spring. 1.00@1.06, Corn No. 2, 70@70%; No. 2 white, 76% @77; No. 3 yellow, 71*4@71%; No. 3, 69% @7O; No. 3 white, 75@75%; No. 3 yellow, 7014@70%; No. 4, 66%@f>7; No. 4 white, 72%@73; No. 4 yellow, 68@69%. Oats, No. 2 white, 52%@53*4; No. 3 white, 52@52%; No. 4 white, 48051: Standard, 52@53. LIVERPOOL GRAIN MARKET. ■Wheat closed %d to %d lower. Corn closed unchanged to %d lower. CHICAGO CAR LOTS. Following are receipts for Saturday and estimated receipts for Monday: I Saturday.! Monday. Wheat ’9O 125 Gprn I 135 ' 128 Oats 107 Up Hogs ] 9,000 32,000 PRIMARY MOVEMENT. ~ WHEAT— I 1812 ~ iili Receipts 1,119,000 1,438,000 Shipments 572,000 443.000 CORN— | Receipts I 396,000 334.000 - Shipments I 356,000 490,000 ATLANTA LIVE STOCK MARKET. (By W. H. White, Jr., of the White Pro vision Company.) Quotations based on actual purchases during the current week: Choice to good steers, 1,000 to 1,200, 5.25 @6.50; good steers, 800 to 1,000, 5.00@6.00; medium to good steers, 700 to 850, 4.75@ 5.75; good to choice beef cows, 800 to 900, 4.25@4.50; medium to good beef cows. 700 to 800, 3.75@4.50; good to choice heifers, 750 to 850, 4.50@5.00; medium to good heifers, 650 to 750, 3.75@4.50. 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 800. 4.00@4.50; mixed common cows, if fat, 600 to 800, 3.50@4.00; mixed common bunches to fair, 600 to 800, 2.75@3.00; good butch er bulls, 3.00@3.75. Prime hogs, 100 to 200 average. 7.40® 7.60; good butcher hogs, 140 to 160, 7.25® 7.40; good butcher pigs, 100 to 140, 6.50® 7.25; light pigs, 80 to 100, 5.50@6;50; heavy rough hogs, 200 to 250, 6.50@7c. Above quotations apply to corn-fed hogs. Mash and peanut fattened hogs, t® l%c and under. Prime Tennessee spring lambs, 60 to 75, 5.50® 6.00; good Tennessee lambs, 50 to 60, 4.00® 4.75; mutton, sheep and yearlings (ordinary), 3.00® 3.50. Fair supply of cattle in yards this week, consisting mostly of medium grades. A few good Tennessee steers in fair flesh and good killers were the best of the week's offerings. Several loads of Tennessee cattle, mixed grades, mostly cows and heifers, were among the week’s receipts. Some few se lected from these cars were considered good and brought the top price for the week. Grass cattle are coming more freely, but are not yet fat and are a slow sale Prices in this class have ranged barely steady to a quarter lower than a week ago. As a whole, the market has suf fered a reduction of a few points. Tennessee lambs continue to come free ly; market about three-quarters lower >n tops and about %c lower on medium grades, while common stuff is hard to sell at the lowest quotations. Hog receipts fair. Market steady. NEW YORK COFFEE MARKET. NEW YORK. July 20.—Cables report ing frost in Brazil developed a steady tone in the coffee market today. This re port checked the downward trend '** prices, and supposed to hurt following next crop, causing a sharp advance m prices. Coffee quotations: j Opening. I Closing. January |13.22@T3.25113. 38® 17 ■■] February 13.10® 13.25 13.34® *'' ■'_■ March '13.32 1.3.44®!" April |13.32@13.40 13.46® b- > ■ Mav 13.35® 13.39 13.48® I" ■■] June 13.35®13.39 13.48®1! I ; Julv I 13.00’" 1- "r August . . „ . . .13.06 '13.07®r: *)S September I 13.13® ■ October J 13.15'13.20® ! ■;- November 13.1.5® 13.20'13.2- n ■ 2 December 13.23 13.34 ® 1 CldSed steady. Sales, 56,500 bags. white. $1.10: cracked, $1 05; choice yellow. $1.05: mixed. $1.04. MEAL -Plain 144-pound sacks. ' 96-poi:nd sacks, 97c; 48-pound sacks. 24-pound sacks, $1.01; 12-pound sack?, $1.03. OATS—Fancy white clipped, 66c; white. 65c: red rust proof. 60c. COTTON SEED M EAL—Harper. • ' COTTON SEED HULLS Square sack.’, $9.00 ;wr ton cr , SEEDS—(Sacked); German millet. $1 ' ■ amber cane seed. $1.55; cane seed, or**' tl.fin Wheat (Tennessee), blue $1.40; red top cane seed. $1.35: rye 1' gla) $1.35; Appier oats. 85c; red rust 1 oats, 72c; Burt oats, 75c; Texas rust P 10 '" jats, 70c; winter grazins, 70c; Oklahoma rust proof, 50c; blue seed oata. 60a.