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FACT ANO GOSSIP IN MONEY MARTS Express Business Looks Like a “Family Affair” to the Com merce Commission. By B. C. FORBES. yEW YORK. July 23—Our express companies are privilege incarnated. They j-ave fattened on the necessities of a widely scattered people, riding roughshod pver reason. f!6uting all protests, gov erned by no laws—not even their own waxing more opulent and more arrogant vear by year. Naturally, Nemesis has overtaken them. It hath been so decreed that plunder can not go on forever. The American express companies have been riding for a fail And unless some thing very unexpected happens they are about to be brought to earth with a thud. The interstate commerce commission is to unhorse them. A parcels post law should finish the job. ♦ ♦ ♦ The whole fabric of express business was and is founded on privilege—on in fluence exerted over railroads, on wire pulling politically and financially, on col lusion "among friends." on a ■common' conspiracy to filch unnumbered millions of dollars from the public in return for no commensurate service rendered. Lis ten to this, from the commissioner's re port just issued: "While these compa nies operate separately and compete with each ether for traffic, the express busi ness may be said to be almost a family affair. An interesting genealogical tree, in fact, might be drawn showing a com mon ancestry in-all of the larger compa nies And while many names may be used to designate those companies, ft Is within the fact to say that aside from the operations of the minor and distinct ively railroad express companies, the ex press business of the United States is managed bv not more than three groups of Interests.” A veritable Plunderbund! ♦ ♦ ♦ Os the express companies’ shortcomings it is unnecessary to say much, for we all have tasted of their fruit. But. the offi cial report contains some scathing com ments as well as several revelations not flattering to the morals of those respon sible for the management of these con cerns. ♦ * ♦ “Outside of the money which has been made in the express business, a million dollars would more than cover the origi nal capital of them all,” it is declared. “It is a matter beyond contra diction that beginning 60 years ago prac tically with no assets whatsoever other than favorable contracts with one or more railroads, the express companies have nut of their rates and the profitable investment of the proceeds of their op erations been enabled to pay large divi dends upon shares representing no in vestment and amassed over $150,000,000 of property.” Here are some of the grounds for com plaint regarding the process by which this fabulous sum was drawn from the pub lic: Pouhle collection of lawful charges, overcharges and undercharges, of- Furniture For Sale. Furniture For Sale. CLOSING OUT SALE 6o DAYS 6o DAYS WE ARE positively closing out this stock. On account of change in business a dandy, clean, new stock of Furniture to go at practically wholesale cost. H. A MARTIN FURNITURE CO. 135 WITITETTA LL STREET. Real Estate For Sale. Real Estate For Sale Oak View Bungalow JUST off East Lake drive, on a beautiful level lot. 65x200 feet, I am of fering a delightful little bungaloxx* of five rooms. This place has fur nacp heat and is equipped for xxater and electric lights, both of xx'hich ini pmvements are assured within the next 90 days. The environments are ideal and the place can be bought for $3,000. on terms. EMMETT HIGHT REAL ESTATE 513-514-515 Empire Building. WILLIAMS-HARTSOCK CO. REAL ESTATE AND BUILDERS. FOURTH NATIONAL BANK BUILDING. _ ,Phons 2)06 Main. TAKE A LOOK AT NO. 63 CLEBURNE AVE. This is a new double-floored and storm-sheathed home; built of the very best materials; steam heat, tile floor on front porch and in bath, hardwood floors, birch doors, stone mantel, exposed ceiling beams, bookcases, walls tinted in rich colors, dressing room with large plate glass mirrors in doors, which gives a beautiful effect, plate rack, butler's pantry, china closet, spiendid basement. This is located directly in front of ■l'idge Palmer's beautifui home, it is fresh and new. No one has ever lived in All we ask you to do is to take a look at it and then come to see us. Our Puce is right and terms easy, No 35? MYRTLE STREET. Here is an eight-room ti»o-story home, located on a corner lot: will either sell or exchange; will take vacant property as part payment. BARGAIN. STEAM-HEATED APARTMENTS—Just go out to No. 300 West Peachtree , street and you will find some of the nicest "NEW” apartments in the city; olutely everv known convenience to the apartment. Will tent you one THESE BARGAINS 'I'O BE SOLD AT GREE 11/ 448 E. GEORGIA AVE., nice 8-room r-j T -v * - r house, in best pan of street. Prico iXjkAD I Y $3,750: terms 360 ORMOND ST., good 6-room cot- COM PAN Y CK',l.™?”'’ "" "”‘ u *' Real Estate. Renting, Loans. 511 Empire Bldg Both Phones 1599 Irustpp s Sale of Northeast Corner of Mangum and Thurmond Sts. ■ EL* G the property of W. E. Feldman, BANKRUPT, and being the store and house fronting 60 feet on Mangum street and 50 feet, on Thurmond t rest. This semi-central property will be sold on August 20, 1912, at 11 3 m„ to the HIGHEST BIDDER for cash (purchaser to assume a loan, ■ p presented by a mortgage, of sl,l 47.45 >, at the office of P. H. ADAMS. ti-fe,. p? , ln Q rant building. __ NATHAN COPLAN, TRUSTEE. 7-23-7 POQ QAF 17 EAST GEORGIA AVE., I vJ I \ o/AG LL x E A IJ wA S H ING TO N. T /"A T TNT T (Real Good Home.) 11l r—l X I HOUSE 2 story, with 8 rooms. May t j 'J.A X 1 I . be easily- converted into flats. Lot \t r x 45x100 feet. In nice condition. REAL \\ £ If A LA G? I I AT? EASY TERMS. Price $4,000 ♦ V |J- A | |J M . THOS R FINNEY. Sales Mgr., A 12 Auburn Avenue. SOLDIERS CALLED OUT TO QUELL RIOTS IN IRELAND BELFAST. IRELAND, July 23.—1 n anticipation of rioting over the return to work of 1.200 hands In the Harland and olffe ship yards here, where a strike has been in progress for some time, the Cheshire regiment was called out today, in addition to 200 police armed for riot duty, and the entire force thrown about the yards. fecting discrimination between ship pers. I n reasonableness of the terms of shipment imposed by the receipt given by the carrier. A confusing set of rules governing the classification of express matter which led to discrimination In rates between classes of shippers by pro viding obscure and Insignificant con ditions as the basis for classifications of which the initiated may take ad vantage to procure transportation at lower rates than are generally applied to the more uninformed portion of the public. The obscure statement of rates, making the public dependent almost entirelx upon the information fur nished them by express agents. The unreasonableness of the rates charged by the carriers. ♦ • » 'Fhe so-called scale of graduated charges determining the rate that shall be applied to a package of a given weight is denounced as ‘‘unreasonable, discrim inatory and arbitrary.” Says the report: It is the product of years of shrewd manipulation, has no Justification in the minds of the express men them selves, and is the richest example yet brought to our attention of a tariff based exclusively upon the theory that the charge should be what the traffic will hear. What is the remedy for the whole prob lem? How ran fair play be guaranteed the public? In one word, the I'nited States has been divided into 950 blocks, about 50 miles square, and rates fixed be tweCT all of them so that any one can tell exactly how much it will cosj. to ex press a package from any point in the country to any other point. This should rob the con panics of their carte blanche to rob the public. • » • Instead of working hand-in-hand to bleed the people, the companies are or dered to co-operate in giving the best possible service. They “must unite in direct through routes, reaching all cities anti towns accessible to each other by the shortest route measured in time." The report adds: For the correction of these evils there has appeared to be but one remedy, the construction of a rate system that should cover the United States. This has been a task of un precedented magnitude and difficulty. We have sought for all possible light upon this subject both in Europe and in America and have arrived at con clusions which are set forth in our order as to what just, reasonable and non-discriminatory rates would be. . . There being no uniformity in rates now, it has become necessary to increase some rates under the tar iff here presented. These increases, however, affect almost exclusively the rates on packages of the higher weights. The carriers are given until October !» next to show cause why the proposed rates should not go into effect. ♦ * * We are gradually righting wrongs in this land THE ATLANTA GEORGIAN AND NEWS. TUESDAY. JULY 23,19™. ATLANTA MARKETS EGGS 4 -Fresh country candled, 17@18c. BUTTER—Jersey and creamery, in 1-lb. blocks. 20022 1 , 2 c; fresh country dull, 10@ 12Vfcc pound. DRESSED POULTRY—Drawn. head and feet on, per pound: Hens 16@17c, fries, 25027 l «c; roosters, 8010 c; turkeys, owing to fatness 180?Oc. LIVE POULTRY—Hens 40045 c. roost ers 25035 c; fries, 18025 c; broilers, 200 25c: puddle ducks. 25030c* Pekin ducks, 40045 c; geese, 50060 c each; turkeys, owing to fatness, 14015 c. FRUITS AND PRODUCE. FRUIT AND VEGETABLES—Lemons, fancy, $4.0004 50 per box. Florida oranges, S3O 350 per box Bananas. 303V&C per pound. Cabbage, 101'ac per lb. Peanuts, per pound, fancy Va., 7c. choice, 5 l 2 06c. Beans, round green. 75c0 SI.OO per crate Florid a celery, $202.50 per crete Squash, yellcw. per six-basket crates. $1.0001.25. Lettuce, fancy, $1.2501.51 choice $1.2501.50 per crate. Beets. $1.50 0 2 per barrel. Cucumbers. 75c(ii$1.00 per crate. New Irish potatoes, per barrel. $2,500 3.00. Egg plants. $202.50 per crate Pepper, $1.0001.25 per crate. Tomatoes.fancy.six basket crates. $1.5001.75; choice tomatoes, $1.7502. Pineapples, $202.25 per crate, onions. SI,OOO 1.25 per bushel. Sweet pota toes, pumpkin yam. $101.25 per bushels. Watermelons. $lOOl5 per hundred. Can taloupes, per crate. $1.0001.25. PROVISION MARKET. (Corrected by White Provision Company.) Cornfield bams, 10 to 12 pounds average, 15\c. Cornfiel 1 hams. 12 to 14 pounds average, 15^ 4 c. Cornfield skinned hams, 16 to 18 pounds average, 16'40. Cornfield picnic hams, 6 to 8 pounds average. Il\c. Cornfield breakfast bacon. 22c. Grocer style bacon (wide or narrow), Cornfield fresh pork sausage (link or bulk) 25-pound buckets, 11c. Cornfield frankfurters, 10-pound buck ets. average 10c. Cornfield bologna sausage. 25-pound boxes, 9c Cornfield luncheon hams. 25-pound boxes. 12c. Cornfield spiced Jellied meats In 10- pound dinner palls. 10c. Cornfield smoked link sausage, 25-pound boxes, 9c Cornfield smoked link sausage 1n pickle, 50-nnund cans, $4.50. Cornfield in pickle. 15- pound kits, $1.50. Cornfield pickled pigs feet. 15-pound kits, sl. Cornfield pure lard (tierce basis), Country style pure lard, 50-pound tins only, 11 Compound lard < tierce basis), 9c. D. S. extra ribs, 11 Lc. D. S. rib bellies, medium average. 11 4c. D. S. rib bellies, light average, 12%c. FLOUR AND GRAIN. FLOUR Post ell’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), $5.75; Puritan (highest patent) $5.75; Sun Rise (half patent) $5.75, Tulip flour. $4.50; White Cloud (highest patent). $5.75; Diadem (highest patent), $5.50; Farm Bell. $5.40; Paragon (high patent), $5.75: White Lily (highest pat ent), $5.60; White Daisy, $5.60; Southern Star, $5.25: Sun Beam, $5.25; Ocean Spray (patent), $5.25. COTTON SEED Olu. Cotton seed oil quotations: l_ Opening. | Closing. Spot i 1 6.500 6.60"” July 1 6.4906.60 6.500 6.55 August 6.59(06.60 6.5006.54 September .... 6.650 6.66 6.600 6.62 October 6.660 6.67 6.61 <q 6.62 November 6.3406.35 6.29*0 6.30 December 6.300 6.32 6.2406.25 Closed heavy; sales 8.600 barrels. CHICAGO CASH QUOTATIONS. CHICAGO, July 23. Wheat, No. 2 red. 97Ca1.004 No. 3 red. 95*%(h 984'. No. 2 hard winter. 974*01.00; No. 3 hard win ter. 95%(0 98; No. 1 northern spring. 1.06 01.12; No. 2 northern spring, 1.04*'/ 1.09; No. 3 spring, 1.00*01.06. Corn, No. 2. 70*0 71 4; No. 2 white, 77'ft 77 4: No. 3 yellow, 0 70, No. 3 white, 764/76 4; No. 3 yellow, No. 4. 674(0694: No. 4 white. 73 4(0 74; No. I yellow, 69*0 70. Oats. No. 2. 46*0 46 4: No. 2 white. 540 56 4: No. 3 white. 534*055; No. 4 white 500534; Standard, 544/55 4. BUTTER. POULTRY AND EGGS. NEW YORK. July 23. Dressed poultry, steady; turkeys. 130 23: chickens, 184/28; fowls, 120 20; ducks, 18(018. Live poultry, nominal; prices unsettled. Butter, firm; creamery specials, 2641 264; creamery extras, 27**/274: state dairy tubs, 21’”026c; process special.-*, jo asked. Eggs, unsettled; nearby white fancy, 27 0 28; nearbv brown fancy. 240 25; extra firsts. 23*0 24; firsts, 1.8401!*4- Cheese, steady; white milk specials, 154 0154; whole milk fancy. 154/154; skims, specials, 124 01 "4: skims, specials, 124 124; skims, fine, 10’,>0 11 4; full skims, 64084. LIVE STOCK MARKET. CHICAGO, July 23. Hogs Receipts 14,- 000. Market 5c higher: mixed and butch ers $7,304/ 7.95. good heavy $7.6007.85, rough heavy $7,204/ 7.55, light $7.400 7.95, pigs $6.250 7.40. bulk $7.550 7.85. Cattle —Receipts 3,000. Market steady; beeves $6,200’9.50. cows and heifers $2.60 0 8.05, Meekers and feeders $4,254/ 6.75, Texans $6.2508.15, calves $7.5008.75. Sheep Receipts 25,000. Market steady; native and Western $3.250 5, lambs $4.50 0 7.40. NEW YORK COFFEE MARKET. Coffee quotations: Opening. Closing. January . 13.054/ 13.10 13.1 t I’’. Februarv 13.00013.05 13.100 13.13 March 13 15 13.220 13.23 \pril 1 3 170 13 20 13.244/ J 3.25 Max 13.210 13 25 13.260 13 27 .lune 13.200 13.25 13.254/ 13 2‘. Jul) 12.790 12.81 August 12.60 12 86012.88 Septembet 12.93 12.920 12.93 October 12.98 13.000 13.01 November .... ’ 2.950 13.00 13.05013.07 I >ecetnber. . . . steady. NEW YORK GROCERIES. NEW YORK, July 23. * Offer barely steady; No 7 Rio spot 140 144 Rice firm; domest’c ordinary to prime I 4.-/54. Molasses steady; New Orleans open kettle 360 50. Sugar raw quiet; centrifugal 3.985. muscovado 3 485. molasses sugar 3.235, re fined stead); standard granulated 5 la. cut loaf 5.90. crushed 5.80, 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, No. 3 4.85, No. I 4.80. COTTON MARKET OPINIONS. Baib’ A- Montgomery: Until there is a decided change in conditions, do not look for more than temporarily lower prices Miller & Co : Look for higher prices. Buy December. Hayden. Stone & Co.: Probabilities seem to favor a somewhat lower level, if forecasts for better weather in the At lantics shall materialize Stemberger. Sinn A’ Co.: Changes in prices will bee ntlrely governed by the weather conditions Thompson. Towle A- We would buy cotton only on breaks. Renskorf, Lyon A- L'o Look for a scalping market with a sagging tendency. .1 S Baehr A ( " e advise the pur chase of the distant positions on any marked reactions. INTERIOR MOVEMENT. I Ill 1 JZ Houston 127 290 Augusta 115 38 Memphis 4f»B 45c St Louis 366 Cincinnati .... 57 Little Rock . • „ 33__ ‘ Totaf 1 1,016 , 1,391 iSTRONG GIBLES iADVANCE COTTON Spot Interests Good Buyers on Dry Weather in Texas—Un settled Elsewhere. NI.W July 2,1. Cotton opene,! active 011 the Neu York exchange today, early prices ranging from 5 to 7 points higher as (he result of tne strong cables. I here was little rain shown l:i the east ern belt, but this apparently had small influence, 'fhe steady buying of the Oc tober option by spot interests was a prominent feature in the initial trading, serving to check hear pressure in the new crop months. After the call the market became very steady During the afternoon trailing the mar ket closed only a few points <1 iff erent from the opening. Business was being done moderately, and buying was of good character, coming from some leading spot interest, which has been the case for some time past. Little cotton was sold by the ring crowd on better weather re ports. The phenomenal strength to the market is due to dry weather in Texas, ihe tnarkc’ has been very narrow and very little changes in prices can be looked for until the bureau report is issued on August 2. At the close the market was steady with a not gain in prices of 9 to 11 points from the final quotations of Monday. RANGE OF NEW YORK FUTURES. _ ! | u * | 5«l • Jg I o =I u I u(2| 6 July ij .16 IL2I F2.T5i 12?20i 12.20-2~1 12.11-12 Aug. 12.15 12.21 12.13.12.21;12.20-21 12.10-12 Sept. 12.21 12.27 12.24 12.27112.26-28 12.18-20 < >ct. ,12.37 12.41 12.34 12.40 12.40-41 12.31-32 Dec. 1.2.38 12.42 12.34 12.40 12.40-41 12.31-32 Jan. ,12.35,12.41 12.33 12.39 12.39-40 12.29-30 Feb : 12.41-43 12.31-32 Meh. 12 44 12.50 12.44 12.50 1 2.48-50 12.39-40 May 12.5 J L2_sß 12.50 12,58 12.57-58 12.46-47 Closed steady. Liverpool cables were due 1 point higher to U point lower, opened steady and unchanged. At 12:15 p. m. the mar ket was steady, 3 to 4 points higher, loiter cables. 1 to Ipoints higher than 12:15 p. ni. Spots 4 points higher. Mid dling 7.18 d. Sales 10,000 bales, includ ing 9,000 American. Imports 4,000, Amer ican 2,000. Estimated port receipts today 2,000, against 2,050 last week and 744 last year, compared with 3,710 in 1910. At the close the market was quiet but steady, with a net gain in prices of 5 to 6 points from the previous close. RANGE IN LIVERPOOL FUTURES. Futures opened steady. Range. 2 r. M. Close. Close. Opening July . . . 6.93 -6.94 6.96 6.95 6.90 H July-Aug. Aug.-Sept 6.8416-6.88V 2 6.89 ’ 2 6.89’ 2 6.84>6 Sept.-Oct. 6.74 -6.76 Oct.-Nov. 6.66 -6.69 1 2 6.71A6 6.71’6 6.66 Nov.-Dec. 6.62 -6.65 6.66 6.67 6.62 Dec.-Jan. 6.61 -6.63 6.6516 6.6616 6.61 Jan.-Feb. 6.61 V2-6.61.V6 6.65’/ 2 6.66’/6 6.61 ’/6 b'eb.-Mch. 6.63 -6.64 6.67 6.62 Mob.-Apr. 6.63 -6.65’< 2 6.67 6.68 6.63 Apr.-May 6.66 6.68 Vi 6.63’ 2 Max-June 6.61 -6.67 6.68 6.69’/i 6.64’/ 2 Closed quiet but steady. HAYWARD & CLARK’S DAILY COTTON LETTER NEW ORLEANS, July 23. -Liverpool lost 5 English points in parity since Fri day. which was recovered today. Spots quoted 4 points higher; sales 10.000 bales. English consols showed a further sharp decline and London says that the country is impressed by the serious warning con tained in the speech of the lord of the admiralty to the effect that Germany is ready for war. This continued decline in the leading government security and constant agitation can not be helpful to trade. A cable from Liverpool said: “Market advanced on reports of serious damage to crop in Alabama, Mississippi and Geor gia. The weather map shows favorable conditions. Generally fair except over North Carolina. No rain, except scattered showers in Louisiana, Mississippi, east Tennessee and North Carolina.” Indications are for partly cloudy to fair weather; possibly some isolated 4show ers in the central ami eastern states, and good prospects for weather and for rains coming on west Texas and Okla homa. It is remarkable, however, that even temperatures keep in the western states, with no excess yet. Only two j stations touched 100 degrees, whereas, as in other years, many sections showed above that mark for many days. Manchester cables; “Manchester mar ket strong, but high prices are checking trade.” < >ur market gained about 6 points In ihe earl} trading on the strength of Liverpool, but did not hold well. Advices from New York are by no means so uni formly in favor of the market. zXntlcipa tion of a. bullish August bureau is per haps the strongest factor in sustaining values. San Antonio advises the ginning of five new bale.-., and that picking will become more general in a week. RANGE IN NEW ORLEANS FUTURES. c l~ I ~ :- x I u ££ .lulv L3.IC. 13.16 13.11 13.13 13.13-16 IS.U \ug. 1 J.IiOJS.HS 12.35:12.91 12.!'0-92il 2.8 H-91 Sept. 12.69 12.76 12.69 1 2.76.12.72-74 12.68-71 <><■! 12.52 12.58 12.49 12.58 ’.2.57-58 12.47-48 Nov I 12.56-57 1'2.46-47 I to.- 12.50 12.57112.47 12.57 12.56-57 12 45-46 Jan. 12.53 12.60.12.52 12.60 12.60-61 12.48-49 l-'.-b ' 12.63-64 12.51-52 : Molt 12.66-68 12.56-57 1 X pt- 12.71-72 12.60-61 ’ Muy I2_7oJ:'_7o 12.70 12.70 12.76-78 12 65-116 Closed steady. SPOT COTTON MARKET. Atlanta, steady; middling 12'„. New Orleans, easy middling 13' H . New York, steady, middling 12.80 I’h'ladephla. stea.iy; middling 13.05. Boston, steady; middling 12.80. Liverpool, steady; middling 7.18 d. Savannah, steady; middling !2' # . Augusta, quiet; middling 13c. Moltiliv nominal. Galveston, steady: middling 12%. Norfolk, steady; middling 13%. Wilmington, nominal. I.ittle Hock, firm: middling 12%. Charleston, nominal. Baltimore, nominal: middling 13c. Memphis, steady; middling 12%. St Bouts, steady; middling 12%. Houston, steady; middling 12%. I l.ouisvllle, firm; middling 12%. PORT RECEIPTS. The following table shows receipts at tiie ports today compared with the sama day last yearj j >912. i mi: ~ N.-w Orleans. . . . 674 90 Galveston 609 525 | Mobile- 16 14 Savannah '264 53 II !ha rlest on - .... 3 ; Norfolk 307 59 I Boston. 3 .... ~~Total ~E873~~ 714 I NEW YORK PRODUCE MARKET. I NHW YORK. July 23. Wheat firm; ■ September spot No. 2 red I I.OSi; 1.09% in elevator and 1.09 f. o. b. I Corn strong. No. 2 in elevator nominal, export No 2 79% f. o. b.. steamer notn- | Inal. No. 4 nominal. Oats dull; natural ■white 57% nominal, white clipped 59716'2. Rye dull. No. 2 nominal f. o. b. New York. Barley quiet; malting nominal le. i f. Buffalo. Hay weak: good to prime 907/1.35, poor to fair 80 nominal. Flout /lull: spring patents 5.357/ 5.60, straights 57/5.50. /dears 4 857/5 10. winter patents 5.607/5 85, straights 5.05'05.15, clears 4.607/ 4 80. Beef steady: family 187/ 18.50. Pork easy mess 20®20.M>, family 20®21. Lard easy; city steam 10L7/10',. middle West spot 10.40 hid Tallow steady; city (in ; hogsheads) 6%, country (in tierces) 5% 1 efi%. ' news and GOSSIP, Os the Fleecy Staple NEW YORK, July 23.—1 t is believed that big bulls have liquidated their lines and are taking the bear side for a turn. Anticipations an' for a bullish bureau report August 2. Many say the crops in the eastern and central belts have de teriorated considerably. Reports are that Texas and Oklahoma have improved. However, they have just about held their own. The strike at New Bedford is causing anxiety in the cotton market. The feature of the cotton trading at present Is the phenomenal strength in spots. Dallas wires: “'l'exas and Oklahoma generally clear; not so warm.” Browne, Drakeford & Co., Liverpool, ca ble: “America and trade buying; Job bers buying in early sales.” Some buying on the dry western belt w;js done this morning. Mitchell, Free man, E. K. Cone and Parrott were best, buyers; selling scattered. Following are 11 a. m. bids: July 12.15, October 12.15, December 12.36, January 12.35. NEW ORLEANS, July 23. Haywanl Clark: The weather map shows fair in entire belt, except few cloudv spots In central states and North (’arolina. No rain, except light showers in San Antonio, Houston. Mississippi and Louisiana. Map indicates part cloudy to fair in belt, except increasing prospects for un settled rains coming on northwest 'i'exas and < tkkihorna next 36 hours. The weekly weather report favorable, except Louisiana, Georgia, Mississippi and (’klahoina. Taylor, Texas, says in consequence of recent rains, the San Gabriel river, live miles north of there is now on a four-foot rise. The New Orleans summary: Arguments on both sides ap pear to have Tost their force, and some new issues must apparently develop be fore speculative activity will be witnessed on the grand scale so pleasing to the brokers and to traders generally. Senti ment in the market is about evenly bal anced, and the good reports that are com ing from Texas, and the bad reports from the central belt and the Atlantlcs are monotonously uninteresting to the profes sional element, observant cotton men, re turning from Texas, bring glowing ac counts of crop conditions in that state, while others, equally observant, bring dis tressing news as to conditions in Missis sippi. Alabama. Georgia and portions of the Carolinas. In sheer desperation over such a perplexing state of affairs, students, of th(» situation are paying more heed to the dry goods reports from the leading markets. According to those reports, tl»e mills seem confident that prices are up to stax up, and are receiving orders for de livery only up to October 1, not wishing to take any chances on the price of the raw material advancing to a much higher level between now and next fall. These reports lax- stress upon the fact that xvhlle the crop grown in 1911 was enormously large, it left much to be desired of the way of quality ami grade, and incidentally light Is thrown on the urgent demand re cently noted for good grades of white cot ton. These observations apply principally to American ndlls, the foreign spinner having shown rare good judgment in lay ing in full supplies when the better grades were to be had. Estimated receipts Wednesday: 1912. 1911. New Orleans .... 6,000 to 7,000 696 THE WEATHER ”'] CONDITIONS. WASHINGTON, July 23. The weather will be showery tonight and. Wednesday in the upper Lake region ami tonight or Wednesday in the upper Ohio valley, the lower Lake region, the northern and west ern New York and western Nexx England states. In the Atlantic and east Gulf states and the lower Ohio valley gen erally fair weather will prevail. It will be warmer in the lower Lake region and the interior of the middle Atlantic states and New England. GENERAL FORECAST. Following is the forecast until 7 p. m. Wednesday: Georgia Generally fair tonight ami Wed nesday. Virginia Fair in the northern and east ern portions and local showers in the, southwest portion tonight or Wednesday. North Carolina Local showers tonight or Wednesday. South (’arolina. Florida;' Alabama and Mississippi Generally fair tonight and Wednesday. Louisiana—Unsettled, with showers in the east. Arkansas- Unsettled, with showers. Oklahoma and East Texas Unsettled. West 'l'exas Unsettled, with showers in the west. DAILY WEATHER REPORT. ATLANTA. GA., Tuesday, July 23. - Lowest temperature 74 Highest temperature xx Mean temperature 81 Normal temperature 78 Rainfall in past 24 hours, inches 0.90 Excess since Ist of month, inches 90 Excess since January 1, inches 17.50 REPORTS VARIOUS STATIONS. I Tom pe ra tu re IR’ f all Stations— I Weath. j 7 ' Max. | 24 I |a. im J_y day. ih_ours. Augusta Clear 80 ! i .... Atlanta Clear 76 I 88 .... Atlantic City. Clear ' 64 84 .... Boston Clear 60 78 I .... Buffalo Cloudy 58 ; 70 I .... Charleston ... Pt. ddy 82 ! 96 I .... Chicago Cloudy 70 72 .... Denver Pt. cldy. 66 84 .02 Dos Moines ....Clear 78 86 Duluth Cloudy 54 ■ 58 • .20 Eastport Cloudy ' 54 58 i .08 Galveston .... Clear ' 82 88 j .... Helena Clear 1 50 1 72 ' .38 Houston Clear 1 78 ' .08 Huron Clear 76 88 1 .24 Jacksonville .. Clear 82 ' 94 I .... Kansas City.. Ciear 80 94 .0! Knoxville .... Cloudy 1 74 90 .58 Louisville ....Clear 74 88 : Macon ‘Clear ’ 80 90 .... Memphis Clear 78 90 • Meridian Clear 76 ! .56 Mobile Clear 78 88 I .02 Miami Clear 84 88 I .... Montgomery Pt. cldy. 78 90 Moorhead . . Pt. cldy. 68 84 ' .06 New (>rleatis. Cloudy 80 90 ■ .... New York... Clear 64 So 1 .... North Platte. Clear 74 94 .... (iklahorna Clear 76 96 : .... Pittsburg .... Cloudy 66 78 .... P’tland. Oreg Cloudy 60 70 .... San Francisco St. Louis Clear 80 84 , .01 St. Paul Raining 68 74 1.10 S. Lake City . Clear 60 90 ■ .... Washingt on ..1 Cl ear ' 66 1 82 ! .... c~F~v< >N H !•.!(': M aSection Director. GOVERNMENT WEEKLY REPORT ON WEATHER WASHINGTON, Ju lx 23 Precipitation occurred generally throughout the cotton region, except that over a large area in southeastern Oklahoma and northern Texas, where there was no rain. The precipitation was unevenly distributed, but xvas generally heaviest in southern Louisiana and northern Florida. More than two Inches occurred in parts of Toxas. Louisiana, Mississippi, Alabama, Georgia. Florida and South (’arolina The greatest weekly amount. 5,60, oc curred at Tallahassee, Fla. Mean tem peratures ranged from nearly normal to 4 degrees below normal over the south eastern portinn of the cotton region There was also a small area In northeast ern Texas, and on the lower coast of Texas with mean temperatures normal or slightly below. Elsexvhere the mean tem peratures ranged from 1 to 4 degrees above normal, the greatest excess being at Asheville. N C Weekly mean tem peratures ranged from 74 to 82 over the eastern, from 80 to 82 over the central, and from 82 to 86 over the western por tion of the cotton growing states. The lowest mean temperature, 74 degrees, occurred at Asheville, N. C., and the highest, 86, at Del Rio, Toxas. COTTON SEED OIL. NEW YORK. July 23 -Carpenter, Bag got &• Co.: The market xvas very steady around the opening owing to the firmness in lard, and on buying in *ho near months by leading refiners, but there is consider able oil for sale on the hard places and values sagged a little. | TRADERS ATTACK MILM STOCKS Hammering Forces Several Moderate Declines—Reading Rallies After Drop. By CHARLES W. STORM. NHIV YORK, July 23 \lthough price movements were irregular in the early transactions on the New York stock ex change today', the tone of the market was generally steady and tiie recessions that occurred were for the most part gained before the end of the first fifteen min utes of trading. On the other hand, these Issues tliat opened at an advance gener ally lost their gains in the initial trading. The character of Washington dispatches giving prominence to the forecasts of Hie Stanley committee’s report was used as an incentive for some selling of Steel common, which was heavy, yielding % to 70% anti allowing no rallying power. Reading, which sold ex-dividend 1%. points at the opening, made a gain of %, which-was followed by a decline of %■ General Electric, after . selling down a point, rallied to yesterday’s closing price Amalgamated Copper opened % higher -.t 83%, but yielded % in tile early trans actions. American issues in the Lon/loti market were firm in tone, but narrow in tange. Steel common was under pressure In the late forenoon, declining %. Similar losses were recorded in Heading. Union Pacific and St. Paul. There was con tinued accumulation of Erie. The copper stocks were in good demand. The curb market opened steady. Business was extremely dull after mid day, being left almost exclusively to pro fessional traders who made several at tacks upon the railroad :>nd industrial shares, forcing several moderate declines. Reading dropped 1% from the opening to lf>2-\ and tlien rallied to 163. Tiie market closed Irregular; govern ments unchanged; other I ds steady. Stock quotations: ■ i Clos.lPrcV STOCKS - Jligli 1 ,ow. Sale.i Bld jCI se Antal Copper. 83% 83 83■ 33% Am. lee See... j .... 25 25 Am. Sug. Ref..: ....■ . I Z B %J2B % Am. Smelting , 83 82% 82%, 82% S 3 Am. 'z.icomo 42’«» 42% Am Car Edy.., 58 ' 57% 57% 57% 58% Am. Cot. Oil . 53 i 53 53 53%, Am. Woolen 26 "j 26 " Anaconda 41 % H % 41'.. 41 '. 41% Atchison I<>«% 10S 1118'01.08% lt'B% A. C. 1, 139 .139% Amer. Can ... 36% 36% 36% 36 36% do, pref J 16% ■!.! 7% Am. Beet Sug 73%. 73% 73% 73% 73% Am. T. and T. 145% 145'.. 115'., 115% 145% Am. Agricul 61 60% Beth. Steel ... 35 35 | 35 35% 35 R■ R■ I ' 91 ! s 1 ''h 91% 91. % 91 ■ g B. and <_> 109'. 4 lU;|%. 109% 109% 109% Can. Pacific .. 265 .»,kt;>'>% 265% 31:4 0, 3i;ii% Corn Products 15'% 15% 15'% 15" 15% '’. and 1 ) 80% 80 80'.. 80 80% Consol. Gas . . 145 141% 111%. 145 145% Cen. Leather . 27% 27 27 27 27% Colo. F. and I. 31 ■ 30%, 30% 29 , 31 <‘olo. South *' .... 39 33 1 ami H. ..... 167 ;Ltl7 1 >en. and R. G. .... ■ 19 19 Distil. Secur... 32%, 32% 32% 31% 31% Erie ... ....... 35% 35% 35% 35-5, 3... s do, pref. .. 54 54 54 63% 54 Gen. Electric . 82 , 79% 81 81 ’ 80% Goldfield Cons. 4 4 4 | 3% 4 G. Western ... 1; 16 G. North., pfd. 137% 137% 13'.136% 137'.. G. North, lire.. 42 12 12 42 42% int. Harvester 130 120% 111. Central .. 1.31 % 131 %J3l % 131 i:’.o‘‘ interboro 20% 19% 20% 20% 20% do, pref. .. 58% 58% 58% 58% 58% lowa Central . .... .... 9, 13 K. C. South... ....I ....; . ...i 21% 24% K. and T. .... .... 27 % 27 do, pref. .. CO 59 L. Valley . . 167 -166% I >6% 1t1f.% 167% L. and N. . . 151 %, 1 :/7 %: 1 ;»7 i/2 157 157 % Mo Paeitie . . 36% 36% 36% 36 36 N Y. Central 115%. 1 15% 115'■■ 115' ■■ 115 Northwest .... ... .. 138138 Nat. Lead . . 59% 59% 58% 58% 59 N. and W. . . 116% 116'-. 116% 1 l«i x 117 No. Pacific . ~121% 120'.,;i20% 120'., 121% O. ail'd W 32'.. 32% Penn 123% 123'% 123% 123%t123% Pacific Mail . 31% 31% 31% 31% 31'-. I'. Gas Co. . . 115% 115% 115-1, 115'- 116% I’. Steel Car 34% 35'., Reading .... 161 162% 163 162% 165 Rock Island 34% 34% 24% 24% 24% do. pfd.. . . 48% 48% 18 3 48% 48% R I. and Steel . 25% 26% do. pfd 84'., 84'., S.-Sheffield 55 55 So. I 'ncif'ie . .110 109% 109 4 10'.)% 1 ln% So. Railway . 29 28 ', 28% 28% 29 ilo. pfd.. . <* % 77% 77% 77 77 % St. Paul. . . . 103% 103 103 103 103% Tenn Copper 13%. 43% 13% 42% 43% I'exas Pacific 22% 22% 22% 22 ~ 22% Third Avenue 39'- 36% 36'-. 37 36% I nion Pacific 1.68% 167% 167% 167% 168% U. S. Rubber 53 ' 52% 52%. 52% 56% Utah Copper . 62 61 % 61% tn % 61% U. S. Steel . . 70% 69'. m 69'4 69% 70% do. pfd.. . . 112% 112', 112% 112 112% V. Clrem. . 49% 49 , 49% 49% 49% W. Union ... , 82% 82 Wabash 4 4 do. pfd.. . ~ 13%! 13%, 13%: 13% 13% W. Electric . . 78% 77% 77% 77% 77 Wis. Central . ....: .... ....I 50 I 52 \\ . Mar) la nd ' ... .. . .... 58 jSB Total sales. 183,000 shares. METAL MARKET. NEW YORK, July 23. I'ullness was shown in the metal market today. Cop per. spot. 17.250/ 17.50; August, 17.300/ 17.55; September and < letober, 17.300/ 17/60; tin, 43.609/ 13.90; spelter, 7.150/ 7.30; lead, 4 600/ 4.75. MINING STOCKS. Bi iS'l'i )N. July 23. Opening: Shannon 17. .ihmeek 350. Superior an/l Boston 1%, Butte Superior 42, Fruit 207%, Chino 33, Calumet and Arizona 75%. Prudent, But Helpful npllOUGii THE NECESSARY PRE- * cautions arc observed in making loans, there is never the least discourtesy or lack of consideration shown to pstrons of this old,reliable institution. Instead.the officers are anxious to aid and abet any worthy cause toward the creation and develop ment of business enterprises in and around Atlanta. With this purpose in view, customers are treated witli tiie greatest courtesy, and their needs met to the full extent of their balances and re sponsibility. We woidd like to help YOU. Atlanta National Bank The Oldest National Bank in the Cotton States ARBY aoWCa tl'aNtX 1 ' JULY MT TRADE FMTMi Advance Reaches 4 1-2 Cents* Wheat and Corn Rise Pro portionately. ST. LOUIS CASH QUOTATIONS. Wheat No. 2 red (new) 101 ©102% Corn 72 %© 73 oats 50 CHICAGO, July 23. Wheat opened strong, from %. to I%c higher on the va rious options, the latter on July, due to higher Liverpool cables and wet weather over the Northwest, which will delay har vest Shorts were heavy buyers, while otterings were light. Corn was % to %c higher on short cov ering and in sympathy with wheat. Oats advanced % to %e. the latter on July, wet weather Northwt-st causing lib eral short covering. Ilogs products were strong and 5 to 10c higher, with hogs advanced 5c at the yards. \\ heat closed today strong In tone and with prices ranging from l%c to luglier. Black rust reports, unfavorable weather in Canada ami firm cables con tributed Io the strength. Short covering, however, boosted prices more than all the other influences. _ Corn was 1 %c to 2%<: better at the finish. Complaints so drouth damage from tile Southwest and higher cash prices caused tiie futures to advance. Oats were very strong and final prices showed gains ranging from %c to 4%c. Wet weather in the belt, which will in terfere with harvesting, was the main factor. i’revisions were irregular. The range was narrow. Pork closed 5c to 7%c high er. Teird and ribs were unchanged to 5c better. CHICAGO GRAIN MARKET. Open. High. Low. Close. Close. Prev. WHEAT- July 97 99% 96% 98% 96 Sept. 93 94% 93 94% 92% Dee. 95% 97% 95% 97% 95% •May 1.00 1.01% 99% CORN - July 71'j , 72 08% 71 68% Sept. 64V 4 66% 64% 66% 63% Dec. 56% 57% 56% 57% 56 May 57% 58% 57% 58% 57% <) AT S July 44% 48% 44% 48% 44 Sept. 33% 34% 33% 34% 33% Dee. 35 35% 34% 35% 34% May 37 37% 37% 37% 37 PORK Jly 17.42% 17.42% 17.42% 17.42% 17.35 Spt 17.70 17.75 17.65 17.72% 17.60 Oct 17.77% 17.77% 17.70 17.65 17.67% 1 ARD - Jly 10.42% 10.57% 10.50 10.50 10.47% Spt 10.62'5 10.70 10.62% 10.65 10.57% Oct 10.70 10.70 10.65 10.60 10.65 BUIS - Jly 10.37% 10.45 10.35 10.40 10.35 Spt 10.50 10.52% 10.40 10.40 10.42% Oct 10.15 10.45 10.40 10.45 10.32% LIVERPOOL GRAIN MARKET. Wheat opened %d lower to %d higher; at 1:30 p n>. was %/i higher for Octo ber and December. Closed %d to %d higher. « Corn opened %d higher: at 1:30 p. m. was %d higher for September. Closed %d higher. CHICAGO CAR LOTS. Following are receipts for Tuesday and estimated receipts for Wednesday: ITuesday. iWedn’sday Wheat ’ 246 332 Corn ! 161 103 oats | 138 80 11 ' ,gM _ ■ ■ ■ • ■ ■ ■! 10.000 27,000 PRIMARY MOVEMENT. WHEAT— I 1912 I ini t Receipts I 1.096,000 I 1,29C0(J»' Shipments 620,000 I 547,070 •"CORN— l_ I Receipts 1 421.000 I 369,000 Shipments ' 44,000 I 702,000 LOCAL STOCKS AND BONDS. Bld. Asked. Atlanta & West Point Tl. R.. 140 145 American Nat. Bank 220 225 Atlantic Coal <Kr ice common. 100% 101 Atlantic Coal & Ice pf<l 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 * Power Co. common 27% 31 do. Ist pfd 81 85 do. 2d pfd 45% 46% Hillyer Trust Company 126 131 Lowry National Bank 248 250 Realty Trust Company 108 110 Sixth Ward Bank 100 110 Southern lee common 68 70 The Security State Hank.... 115 120 Third National Bank, new... 225 230 Trust Company of Georgia... 225 235 Travelers Bank <B.- 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, 55... 100% 101 Ga. Rv. & Elec. Co. 5s 102 104 Ga. Ry. X- Elee. ref. 5s 100 101 Atlanta Consolidated 5s 102% ... Atlanta Citv 3%5, 1931 91 92 Atlanta City 4%5, 1921 102% 103% 17