Newspaper Page Text
TOOSVS MJRKET OPENINGS
COTTON.
NEW YORK, July 25.—Cotton opened
firmer on the New York exchange today
with prices advanced from 3 to 8 points.
New high records for the movement were
established in response to strong
good spot sales in Liverpool, continued
buying by the spot interests here and dry
weather in Texas. Early offerings were
hght and scattered. While weather con
ditions east of the Mississippi showed
much improvement, the lack of rain west
of the river is causing apprehension and
this will become acute with reports of
higher temperature. Bear pressure was
checked and with spot men steady buy
ers prices held firm after the call. Fu
tures were firm in Liverpool with spot
active and prices steady.
NEW-YORK.
Quotations in cotton futures:
I I I lIT-OOFTr'ew
|Open!High|Low |A.M.| Close.
,p7iv . . . .j12.5412.5«|12.52 12.52 12".46“17
\ugust . . .12.5112.51'12.48'12.4.8 12.45-46
September . i!2.59112.60'12.59’12.60112.51-53
October . .12.6812.68:12.66 12.67 12.62-64
November .12.62 12.62 12.62 12.62'12.58-60
December . 12.66.12.70 12.66 12.68 12.63-1:4
Januarv . 12.68 12.67 12.65 12.65 12.61-62
February . . 12.71112.71 12.71 12.71 12.62-64
March . . . . 12.78 12.78 12.76 12.77 12.72-73
May . . . .12.88 12.88 12.87 12.57 12.81-82
NEW ORLEANS.
in cotton futures:
“ ’III n~TE’rev.
(JpenlHigh|Low.|A.M.| Close.
July. 7~“~~t3.40 13.40 13.40 13.40'13727
.August . .' ...J ....' ....I .... ;13.05-07
September 12.94 12.94 12.94 12.94 12.90-92
October . . 12.84 12.84 12.79 12.79 12.76-77
Novemberl ■ ■■■ ...J ....112.75-77
December . 12.82 12.82 12.78 12.79 12.75-76
January . . 12.85 12.85:12.82 12.8212.78-79
February’12.81-83
March . . .12.93112.93 12.89112.89 12.85-87
April . . . ....: .... .... ....12.90-92
May . . . . 1 J ■■■ ■ ; ...J .... 42.95-97
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, 5.004/6.00
medium to good steers. 700 to 850, 4.75®
5.75; good to choice beef cows. 800 to 900.
4 254/4.50; medium to good beef cows. 700
tn 800. 3.754/ 4,50; good to choice heifers,
750 to 850, 4.504/5.00: medium to good
heifers, 650 to 750. 3.754/ 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.
4.00'17 4 50; mixed common cows, if fat, 600
to 800. 3.504/4.00; mixed common bunches
to fair. 600 to 800. 2.75(0 3.00; good butch
er hulls. 3.004/ 3.75.
Prime hogs. 100 to 200 average, 7.40®
7 60; good butcher hogs, 140 to 160, 7.254/
7.40: good butcher pigs. 100 to 140, 6.504/
7 25; light pigs. 80 to 100. 5.504/6.50; heavy
lough hogs, 200 to 250, 6.504/7C.
Above quotations apply to corn-fed
hogs. Mash and peanut fattened hogs,
H/l%c and under.
Prime Tennessee spring lambs, 60 to 75.
5.504/6.00, good Tennessee lambs, 50 to 60.
4 004/ 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 anti 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.
SEMI-ANNUAL STATEMENT
For the six months ending June 30, 1912, of the condition of
The Southern States Life Insurance Company
OF MONTGOMERY,
Organized under the laws of the state of Alabama, made to the governor of
the state of Georgia, In pursuance to the laws of said state.
Principal office, Candler building, Atlanta, Ga.
I. CAPITAL STOCK.
Amount of capital stock-S 100.060.00
Amount of capital stock paid up in cash 100,000.00
11. ASSETS.
Total admitted a55et551,045,268.15
111. LIABILITIES.
Total liabilities ’51,045,268.15
IV. INCOME DURING THE FIRST SIX MONTHS OF THE YEAR 1912.
Total incomes 301,995.55
V. DISBURSEMENTS DURING THE FIRST SIX MONTHS OF THE
YEAR 1912
Total disbursements•s 191,838.23
A copy of the act of incorporation, duly certified, is of file in the office
of the insurance commissioner.
STATE OF GEORGIA —County of Fulton.
Personally appeared before the undersigned, Wilmer L. Moore, who, be
ing duly sworn, deposes and says that he is the president of the Southern
States Life Insurance Company, and that the foregoing statement is cor
rect and true. WILMER L. MOORE.
Sworn to and subscribed before me this 20th day of July. 1912.
FRANK WORD, JR.,
Notary Public of Fulton County, Georgia.
MATHEWS & HILL
“Insurance of All Kinds”
1301-2-3 Empire Building
ATLANTA, GA.
Phones: Main 1748, Atlanta 172
SEMI-ANNUAL STATEMENT
For the six months ending Jun< 30. 1912. of the condition of the
Milwaukee Mechanics’ Fire Insurance Co.,
OF MILWAUKEE.
Organized under the Jaws of the state of Wisconsin, made to the governor
of the state of Georgia, in pursuance of th'- laws of said state.
Principal offices, 442 and 444 Citv Hall Square, Milwaukee. Wis.
I. CAPITAL STOCK.
''hole amount of capital stocksl,o6o,ooo
Amount paid up in cash 1 1,000,000
11. ASSETS. ,
Total assets of the company, actual cash ma ket va1ue54,245,530.86
111. LIABILITIES.
Total liabilities $4,245,530.86
V INCOME DURING THE FIRST SIX MONTHS OF THE YEAR 1912.
Total income actually received during the first six months in
cash $1,(170,565.33
v. EXPENDITURES DURING THE FIRST SIX MONTHS OF THE
YEAR 1912.
Total expenditures during the first six months of the year in
cash $1,348,963.13
Greatest amount insured in any ' lie risk $ 50.000.00
Total amount of insurance outstanding 473,178.931.00
A copy of the act of incorporation, duly certified, is of tile in the office
of the Insurance commissioner.
STATE (,)F WISCONSIN-County of Milwaukee.
Personally appeared before the undersigned, Oscar Griebling, who. being
duly sworn, deposes and sa\s that he is t':« secretary of the Milwaukee
Mechanics Insurance Compant. and that tie foregoing statement is cor
rect and true. OSCAR GRIEBLING.
Sworn to and subscribed before me. this 12lh day of July. 1912.
ERNEST G EBERT, Notary Public.
Name of State Agent— C. G. REDD.
N..me of Agents at Atlanta- MATHEWS & Hi L'
STOCKS.
By CHARLES W. STORM.
NEW YORK, July 25.—General Electric
was the most prominent feature of the
stock market at the opening, advancing
3% points to 188%. The gain was attrib
uted to market gossip that the company
is preparing to cut another melon for
stockholders. Westinghouse Electric was
strong in sympathy with General Electric.
It gained 1 point, crossing 82. Consoli
dated Gas also moved up with a gain of
l s s, going to 145%. This was explained
on the ground that the directors expected
to declare an extra dividend at their
meeting this afternoon.
Texas company was another strong fea
ture. advancing over a point National
Biscuit was again without support today
and fell 2% points to 133% in the early
transactions. Most of the other important
issues scored fractional gains.
Steel common was up %. Pennsylvania
and Baltimore and Ohio gained % each.
Reading was up %, while i'nion Pacific
was off %.
American railroad shares were steady
in the London market and showed
strength. Canadian Pacific was strong on
its earnings report, but the Grand Trunk
issues were heavy. The curb market
opened dull and easy.
NEW YORK STOCK MARKET.
Stock quot all on s:
I I I i
lOfi'n I High I Low. l A M. ICl'se
Amal Copper ■ 82% 83 82% 83 ; 82%
Am. Smelting 82% 82% 82%' 82% 82%
Anaconda . . . 41>,| 41% 41% 41’* 41%
Atchison . . . 108% 108', 108% 108% 108%
Am. Can. . . . 35%. 36 I 35%' 35% 35%
A. T. and T. . 14514 115% 145% 145% 145%
H. R. Transit 91% <<!•% 91 1% 91% 92
P; and 0.. . . 109% 109% 109% 109% 109%
i'-ric‘3s% 35% 35% 35% 35%
do. pfd.. . . 53% 53% 53% 53%' 53%
G. Electric . . 181% 188% 186% 187’/. 181
Missouri Pai:... 35% 35% 35'/..’ 35% 35%
Northwestern 138’7 138% 138% 138% 138 *
Nor. & West... 116% 116% 116y.;i16% 116%
North. Pacific,ll2l 121’4 121 *' 121 % 120%
Heading 162% 163% 162% ’6.3% 162%
South. Pacific. 109% 101”, 109% ! 109% 109%
Southern Rv.. 28% 28% 28% 48% 24%
St. Paul 103% 103% 103% 103% 103%
I'nion Pacific. 167% 168 168%'167%|167%
S. Steel ... 69% 69% 69% 69%' 69%
West Electric! 880%l 82% 80% 81% 80%
GRAIN.
I'HICAGO, July 25. -Wheat opened
higher to %c lower, the more favorable
weather Northwest and a complete de
nial of black rust being offset by firmer
cables from Liverpool.
Corn was unchanged to %c higher for
July and % to %c lower for the deferred
futures, while oats were unchanged for
July and unchanged to %e lower for the
deferred futures, both grains being af
fected by favorable weather.
Provisions were strong and 2% to 10c
higher in sympathy by the advance of 5c
in hogs at the yards.
CHICAGO Grain market.
Grain quotations:
Open. High. Low. 11 a r.
WHEAT—
July ... 98 98 97% 97%
Sept. . . . 93 93%. 93 93
F’ec. .. . 95% 95’4 95% 95%
May . . 99% 99% 99% 99%
Ct )RN
July ... 72 72 71% 71 %
Sept. ... 66 66% 65% 66%
Dec. .. . 57% 57% 56% 56%
May .. . 58 58% 58 58%
OATS -
July .. . 49% 49’4 49% 49%
Sept. .. . 33’4 34 ’ 33% 34
Dec. .. . 35% 35’4 35 35%
May . . 37% 37% 37% 37%
PORK-
Sept. .. .17.85 17.85 17.85 17.85
Oct . . .17.95 17.95 17.90 17.92%
RIBS—
Sept. . . .10.55 10.55 10.55 10.55
THE ATLANTA GEORGIAN AND NEWS. THURSDAY, JULY 25, 1912.
SHORTS ADVANCE
PRICE OE COTTON
Covering Creates Demand.
Spot Interests and Commis
sion Houses Aggressive.
NEW YORK, July 24.—The cotton mar
ket opened steady today in favor of firm
cables, with a net gain in prices of 21/6
points from the final of yesterday. After
the call trading became active with some
big professionals buying freely on contin
ued dry weather in Texas and unfavorable
reports from central and eastern belts.
The strong spot situation invited more
Inlying later in the early trading, causing
a rally of a few points over the first quo
tations.
The market during the afternoon ses
sion was under heavy buying pressure,
due to the lack of precipitation in the
West an/1 reports on floor from Little Rock
and Memphis August, and Texas report
ing deterioration. This caused quite a
bit of uneasiness among shorts, who
rushed to cover, buying every bale of cot
ton put on the market. However, very lit
tle cotton was for sale, and prices made
a further advance of 12 to 16 points better
than the opening.
At the close the 'market was firm, with
prices showing a net gain of 21 to 26
points over the final quotations of yes
terday.
Semi-weekly interior movement:
| 1912. I 1911."| 19i0.
Receipts 2.944 3,152 3,732
Shipments ' 7.563: 3.661 5.485
Stocks ' 1 78,760 61,765 43,835
RANGE OF IN EW VORK FUTU RES7~~
« I•*I id *
L ~ i ~ I ~ :c l __Y
July 12.26 12.56 12.26 12.47 12.46-47 12.20-21
Aug. =1.2.22 12.47 12.21 12.45 IL. 45-46 12.20-21
Sept. 112.30 12.55 12.30 12.55'12.51-53 12.26-28
Oct. 12.42 12.68 12.42 12.63 12.62-64 12.40-41
Nov. 12.58-60 12.36-38
Dec. 12.42 12.68.12.41 12.64 12.63-64 12.40-4 !
Jan. 12.43,12.66 12,42 12.62 12.61-62 12.39-40
Febl 12.62-64 12.41-43
Meh. 1.2.5212.76'12..51 1.2.73 12.72-73 12.48-50
May 12.63 12.81 12.62 12.81 12.81-62 12.57 58
Closed firm.
Liverpool cables were due 2 to 2% points
higher. Opened quiet, 2 points higher.
At 12:15 p. 111. the market was quiet. 2
to 3 points higher. Spots in good de
mand, 3 points higher. Middling 7.21/1;
sales 10,000 bales, including I',ooo Ameri
can; imports 9,000.
Port receipls 1,351 this week, against
912 last week and 2,277 last year.
Estimated port receipts today 1.200,
against 1.351 last week and 912 last, year,
compared with 2.277 in 1910.
At the close the market was steady,
with prices advanced 1% to 4 points over
the close of Tuesday.
RANGE IN LIVERPOOL FUTURES.
Futures opened steady.
Opening. Prev
Range 2 P M. • ')<•««. Close
July . . . 6.97%-6.98 6.98 6.97% 6.95
July-Aug. 6.96%-6.96 6.97 6.96% 695
Aug.-Sept 6.93 '-6.91% 6.92 6.91% 6.89%
Sept.-Oct 6.80 -6.81 6.82 6.82 6.78
Oct.-Nov. 6.74 -6.74% 6.75 6.75 6.71%
Nov.-Dec. 6.69% 6.71 6.71 6.67
Dec.-Jan. 6.68 -6.68% 6.69% 6.70 6.66%
Jan.-Fob. 6.68%-6.6s 6.69'.. 6.70 6.66%
Feb.-Meh. 6.69 -6.69% 6.71 ~ 6.70% 6.67
Meh.-Apr. 6.70% ” 6.71% 6.71% 6.68
Apr.-May 6.72 ~ 6.68 =..
May-June 6.71 -6.71% 6.72% 6.73 6.99%
Closed quiet and steady.
HAYWARD & CLARK’S
DAILY COTTON LETTER
NEW ORLEANS, July 24. Bullish sen
timent and views now seem centered on
the western .states and possible curtail
ment of yield by dry weather. The map
show’s a partly cloudy tn fair condition.
No rain except a few light showers over
the Tennessee mountains. Rain prospects
for the western states have diminished
for today, but pressure distribution over
the belt is such that a rapid change could
occur. Partly cloudy to fair weather is
indicated for today in some isolated dis
tricts in the north central and northwest
ern portion. Temperatures are normal.
Liverpool advanced 4 points and quoted
spots 3 points higher. Anticipation of a
bullish bureau report, of a bullish series
of reports this week, by The Journal of
Commerce, ahd buying on dry weather
in the western states, were the support
ing and stimulating features today. The
scarcity of sellers is again marked and
little buying advanced prices. Bullish
sentiment prevails and 13c prices seem
to be looked trpon as a'certainty for bu
reau day.
New 7 York reported McFadden interests
buying and there was a rumor that the
National Glnners made 4 points decline in
condition for the month. New York news
again shows an altogether sudden change
to the bull side, saying that feeling is
again unanimous for a further advance
toward the date of bureau publication.
RANGE IN NEW ORLEANS FUTURES.
Je | E
July '13.17 13.2.8 13.17 12.28 12.27 13.13-16
Aug. 12.89 12.91 12.89 12.91 13.05-08 12.90-92
Sept. 12.23 12.80 12.73 12.80 12.90-112 IL.OI-M
Oct. :12.61 12.80 12.60 12.78 I 2.76-77 12.57-58
Nov. ' . 12.75-77'12.56-57
Dec. 12.58 12.78 12.58 12.75 12.75-76 12.56-57
Jan. 112.61112.82'12.61 12.79 12.78-79'12.60-61
Febl2.Bl -83 12 63-64
Meh. 12.75,12.84 12.75 12.84 12.85-87 12.06-68
Apr. 12.90-92.12.71-72
May 112.81 12.97’12.81 1.2.92 1.2.95-97 12.76-78
Closed steady
Real Estate For Sale.
gHARP & jJOYLSTON
NO. 162 LUCILE AVE.
THIS is in West End, and is on
one of the nicest streets in this
beautiful section of the city; has
six rooms and a nice large lot.
We have a price on this that is
going to sell it within a short
time. See Mr. Sharp about this
for price and terms.
’good investment?
SOMETHING in the Fourth
ward. This is colored property
am! we can show you a mighty, i
good investment here. You don’t
often see property iii this ward
advertised. Let us tell you about,
this.
SUTHERLAND.
WE have one of the most up-to-
date two-story houses in thisj
section at a price that will make
you see a good profit in a year’s
time, or if you are looking for a
home it -will just suit. House has
eight rooms and a sleeping porch,
hardwood floors on the first floor
and a lot that is a small farm.
This is a bargain.
NEWS AND GOSSIP]
Os the Fleecy Staple
NEW YORK, July 24. Carpenter, Bag
got A- Co.: J. F. Boyle. Jr ,of Uttle Rock,
wires: “I have never seen poorer crop
prospects in this state before. Army
worms appearing in different localities,
boll weevils are becoming numerous in
former infected areas. Think crop of
entire Mississippi valley ami Allantics
will prove to be a comparative failure.
< ’klab.oma crop has been overrated and
only fair prospects there. Deterioration
has begun in 'Texas. Enormous spot de
mand; saw 100 bales sell here at 13 cents
upland middling. Large intpiiry for for
ward. shipment.”
A large quantity of cotton vas bought
' today on continued dry weather in 'Texas.
A bullish bureau report is looked for
I on August 2.
Riordan was a goo<l seller in the early
[trading, with Mitchell best buyer. The
trading was light.
Dallas -wires: "'Texas and Oklahoma
generally clear and warm."
The buy ing today was concentrated,
while selling was scattered. Hartcorn
i selling .‘••aid to be for Craig. Mitchell con
stant buyer. Commission houses also
buyt-rs, while ring crowd are sellmg and
against the market.
Mitchell and Craig brokers and com
mission houses buying. 'The buying is
said to be on forecast for continued dry
weather in Texas, ami unfavorable re
ports coming in from central belt.
H looks to be that a good ileal of cotton
I is for sale around present prices.
Following are 11 a. m bids: .Inly. 12.27;
[ 1 ‘ctoher, 12.4K'. December, 12.47; Januarv,
1124I 124 . 5 -
Nl%\\ ORLEANS, July 24. Hayward &
D’lark: 'The weather indications are for
part cloudy to fair, possibly some show
ers in Arkansas and 'Tennessee, but rain
prospects Western states diminished over
nlghu
New York reports McFadden good buy
er. Humored national ginners yvill show
.about 4 points decline in condition.
'The New Orleans 'Times-Democrat sum
mary: 'The inspiration for the upward
movement of the market comes from the
fields. Reports of damage to the crops
in the central ami eastern portionsuof the
belt are coming in by wire ami mail. Re
cent continued rains have not only de
layed the cultivation of a plant already
bad, backward in its growth ami develop
ment. but having produced conditions fa
vorable to the propagation of worms and
boll weevil. A tine stalk of cotton re
ceived in this market from Texas when
closely examined was found to contain
I><»11 weevil, which has punetured* every
young boll. Hot, dry weather in 'Texas
should it recur shortly, might put a
quietus upon the activities of the boll
weevil, but would certainly cause anxiety
in the ranks nf shorts, lest drouth talk
should be renewel. The weekly weather
report is authority for the statement that
rain is needed in many portions of Texas.
Unset tied weather was predicted y ester
day for that state as well as for Arkan
sas and Louisiana, where dry, warm
weather is needed to put the cotton crop
in first-class condition. If the reports
received in this market within the last
two days via New York are to be credited,
crop conditions in the eastern belt have
undergone a marked improvement since
clearer weather Jias prevailed in that sec
t ion
Estimated receipts Thursdax :
1912. 1911.
New Orleans 1,200 to 1,500 275
THEWEATHER ’
CONDITIONS.
WASHINGTON. July 24 The weather
will be unsettled and showery tonight
:m*l Thursday in the lower Lake region,
the middle Atlant! ■ slates ami New Eng
land. In the upper Lake region, the Ohio
valley and the South the weather will
be fair. It will be cooler in the upper
Lake region and cooler Thursday in the
i >hio valley and lower Lake region. It will
be somewhat warmer tonight in New
England .and the middle Atlantic states.
The winds along the New England coast
will be moderate east and southeast; on
the middle Atlantic cast moderate south
east and south; on the south Atlantic and
east < lulf coasts light to moderate and
variable.
Steamers departing today fi r European
ports will have moderate east and south
east wind*: unsettled Wednesday; show
ers Thursday.
GENERAL FORECAST.
Following is the forecast until 7 p. m.
Thursday:
Georgia Generally fair tonight and
Thuwday.
Virginia Local showers tonight or
Thursday: light to moderate and variable
winds.
North Carolina Local showers tonight
or Thursday, except fair near the coast.
South-. Carolina, Mississippi, Florida and
\labatna Generally fair tonight and
Thursday
Louisiana -Generally fair.
Arkansas, Oklahoma and Texas—Gen
erally fair.
new York produce market.
NEW York. July 24. -Wheat steady;
September, 1.00%; spot. No. 2 red, 1.084/
1.09% in elevator and 1.09 f. o. b. I’orn
firm: No. 2, in elevator, nominal; export
No. 2. 81 f. o. b.; steamer, nominal; No. 4.
nominal, oats active; natural white. 60
white clipped, 614/64. live dull;
No. 2, nominal, f. o. b. New York.' Barley
quiet; malting,-nominal, c. i. f. Buffalo.
Hay easy; good to prime. 904/1.35; poor
to fair. 804/85. Flour quiet; spring pat
ents. 5.354/5.60: straights, 5.004/5.50:
Clears. 4.754/5.00; winter patents, 5.654/
5.85; straights, 5.054/5.15; clears, 1.604/
4.80.
Beef steady; family. 18.004/ 18.50. Pork
• lull; mess. 20,004/ 20.75; family. 20.004/
21.25. Lard steady; city steam. 101x4/10%;
middle West spot. 10.40 (bid.) Tallow
steady; city, in hogsheads, 6%' (asked):
country, in tierces. 5 % 4/6%,.
METAL MARKET.
NEW YORK, July 24. Trading in the
metal market was quiet today with prices
about unchanged. Spot copper to Au
gust. 17.25"/17.50; September-October
17.;:04| 17.45; tin, 43.554/44.00; lead, 4.604/
4.75; spelter, 7.154/ 7.30.
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 & Ice 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 jfis
Fourth National Hank 262% 267%
Futon National Bank 127 ' 131
Ga. lly. 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 no -
Southern Ice common 68 70
The Security State Bank.... 115 120
Third National Hank. now... 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’ s. 1915, ss. .. 100% 101
Ga. Ry. <Y Elec. Co 5s 102 104
Ga. lly. Elec. ref. 55....... 100 101
Atlanta Consolidated ss: ; 102% ...
Allanta City 3%5, 1931 91 92
Atlanta City 4%5, 1921 102% 103%
COTTON SEED OIL.
NEW YttllK. July 21. Carpenter, Bag
got A- Co.; The cotton seed oil market
was quiet and easy in absence of de
mand, The continued dullness in spot
demand appears to lie the principal tie
pressing feature, and while sonit/ opera
tors art predicting an active cash trade
later on, just now it is dull, anti it is
believed stocks of old crop oil are liberal.
Cot ton seed oil quotations:
J opining. I Closing.
Spotl I 6.504/6.60'
July 6.404/6 58 6.104/6.50
August 6.484/6.53 6.47@6.48
September .... 6 574/6.60 6.544/6.55
0ct0ber6.594/6.60 1 6.554/6.57
November . . . 6 264/6.29 6.254/6.27
December 6 224/6.23 6.224/6.24
" 1 ' " 28 2 .'O4/6.22
Closed barely steady; sales 9,100 barrels.
TRADE IN STOCKS
IT J STANDSTILL
Dull and Irregular Session Is
Confined to Operations by
Professional Interests.
By CHARLES W. STORM.
NEW YORK, July 24. Business at the
opening of the stock market today was
exceedingly quiet, and prices were al
shade lower than at yesterday’s close.
The leading rails yielded from to ’ 4 ,
while a majority of the Industrials de
clined about The biggest drop In the
list was scored by National Biscuit, which
fell 6 points to 135.
Erie common, which has been a strong
feature in the recent Hading, reflected
some liquidation in the early transactions,
receding ’-j to 35«‘x. Utah ( upper on two
transactions fell % to 51 Some of the
other price changes were: Steel common
up ’ H , Amalgamated (’upper off *4, Smelt-
Ing up t-M, Atchison up ’ 4 . Union I’acilic
off ’h, Southern Pacific up ;S H .
Part of the initial declines were later
recovere<i and at the end of the first
quarter of an hour of trading, the lead
ing stocks were being quoted at practi
cally the same prices at which they closed
\ estenlax
American issues were quiet and firm in
the London market, ’l’he steel issues were
slightly easier. The curb market opened
steady.
Price movements were irregular in the
late forenoon. National Biscuit moved up
a point from the low mark established
in the early trading and a gain of 2
points was recorded in General Electric.
Texas company was weak, declining 2 3 a
’i’he more important railroads and in
dustrials developed a firm tone, being
influenced to a great extent by a drop
in wheat and corn.
Business was almost at a complete
standstill in the afternoon session. What
few price movements were noted were
extremely narrow with the changes about
evenly divided betwen trifling gains and
losss.
The market closed steady; governments
unchanged; other bonds steady.
Stock quotations:
Clos.lPrev
STOCKS— 11 igh Low. Sale.l Bill J( ’I se
Amal. Copper.' 83D,: 11“. 83 82$?12 T 4
Am. lie Sec. 26 1 // 26 : 26* ■ 26-% 25
Am. Stig. Ref.. 128 “ 128 128 “ 125'4 J 28’„
Am. Smelting , 82 7 H B7 s2 7 s 82 ; * M i 82-\
Am. L0c0m0...: .... 42k.!
Am. Car Fily... 57%' .>7% 57-% 57=%' 57%
Am. Cot. 01L... ... , 52.%i 52%
A to. Woolen .. .. . ... . ’ .. , 26 ’ 26
Anacon/la 41% 41 ; 41%' 41' M 11%
Atchison . . .108'% i()B'., 108', 108% ii)X%
A. C. L 140 140 140 'l4O J 39
Amer. Can .. 36%, 35%, 35% 35% 36
do. pref. ... .' .... I Hl’,.. 116%
Am. Beet Sug.. 73% 73% 73% 73% 73%
Am. T. and T I 45"„ 145-% 145%145-'„ 1-15%
Amer. Agricul.l ....I ....I 61 j 61
Bet I>. Steel | . ...',
B. R. TI 92 91% 192 92 | 91 7 i
B. anil <>109% 109% 1011% 10!'%' 109%
Can. Pacific .. .264% 264 % 264 % 264'.. '264 ’••
Corn Products 14% 14%' 14% 14% 15
C. and OI 80% 80=%' 80-% 80% 80
Consol. Gas .. 144% 144%. 111%. 111% 145
Cen. Leather I 27’ h . 27% 27%. 26% 27
Colo. F. and I. ....J .... 29 i 29
Colo. South...; .... .... .... 39 39
D. and II: .... .... I .... 167 ;1«7
Den. anti R. G. I ... c . 19 19
Distil. Secur... 31% 31%: 31% .... 31%
Erie 35% 35% 35%’ :15’>- 35%
do, pref. ... 53% 53'*.' 53% 53% 53'...
Gen. Electric 185% i 181 % i 185%’181 ;181
Goldfield Cons. 4 4 ; 4 3% 3%
<l. Western ~| ....' ....' .... 16% 17
(.4. North., pfd. 137%. 137 T37’-. 137 136%
G. North, ore.. 42% 42% 42'', 41% 42
| lut. Harvester 120% 120'.. 120% 12"'...120
Jll. Central . ..’ i::i ' t:<i
Interboro 20 20 • 20 20 20%
do. pref. .. 58% 58% 58% 58% 58%
lowa Central . .... ...J .... 9 I 9’
K. C. South... 24% 24% 24% 24% 24%
K. and T> ....' 27 27%
do. pref. ..1 63 : 62% 63 60 60
L. Valley. . . 166 1(15% 165% |i;.',% pa,
L. and N.. . .157 157 157 156% 157
Mo. Pacific . . 36% 35 ’36 35'.. 36
N. Y Central .. . . II 5 ' 11
Northwest. . . i;(x 138 1 *
Nat. Lead . J ...J .... 58 58%
N. and W . . . 116% 116% 116% | 16% 116%
No. Pacific . .121% 120-'% 121 120% 120’,
I’i'linl23% 123% 123% 123’.. 123%
Pacific Mail . .. . . ... .: . . 3] =% 31
I'. Gas Co. . .116 )16 116 115%J15’..
P. Steel Car 34% 34%
Heading. . . . ;163% 162% 162% 162-% 162%
Rock Island . 24% 24% 24% 24 24 %
do. pfd.. . . ... 47% 48%
It. 1. and Steel! 25'% 25% 25% 25% 24%
do. pfd.. . . ...J 82% 84%
S.-Sheffield . . . . i 55 55
So. I'acilie . . 109% 109% 10'."., 109 , 109%
So. Railway . 28’,, 28% 28% 28% 28-,
do. pfd 77 '77
St. Paul. . . 103% 103 103 103%,103
Tenn. Copper , 43', 13% 43% 42’.. 42'..
Texas Pacific 21% 22 ’
Third Avenue • .... 36'.. 37
I'nion Pacific 168 167% 167% 167% 167'%
I' S. Rubber , 52% 52'., 52% 52% 52’,
I'tali Copper 61% 61% 61% 61% 61 ■ .
I'. S. Steel . . 70 69% 69% 69% Bh'.,
do. pfd.. . . 112% 112 112% 112 112
v.-C. Client.. . 4:1% t:i% I:", 18’, 4:11..
W. I'nion . . . 82% 82%: 82% 82% 82%
Wabash .... 4 1
do. pfd.. . .1 13% 13% 13%. 13% 13i,
W. Electric ~| 79
Wis. Central .|i 50 : 50
—■ ■■■l■ ■•■ I ■ ■■■ 158 58
Total sabs, ISO.OOO shares.
If you sent a letter or telegram to the
wrong address, you would hardly expect
an answer, would you? The same Is true
when you select the wrong medium to
have all your wants filled. Try the rigTt
way—The Georgian Want Ad wav.
ESTABLESHED 1861
Lowry National Bank
Now Occupy Their Remodelled Quarters
The officers and directors of this bank extend a cor
dial invitation to their friends, patrons and the public
generally to inspect our remodelled banking rooms.
We are confident you will appreciate our increased
and efficient service.
Capital .... $1,000,000.00
Surplus 1,000,000.00
Undivided Profits . 200,000.00
Lowry National Bank
Designated Depository of the United States, County of Fulton and City of Atlanta.
j ATLANTA MARKETS
EGGS- Fresh country candled. 17®18e.
BETTER Jersey and creamery, »n 1-lb.
blocks, 20@22Hc; fresh country dull, 10®
12 r oC pound.
DRESSED POULTRY Drawn. head
and feet on. per pound: Hens 16®17c,
fries, 25f(/27 1 2 c; roosters. 8®10c; turkeys,
owing to fatness
LIVE I’Ol’l/i'RY Hens 40 u 45c. roost
ers 2.'> u 3;">e; fries, 1.8<u25c: broilers.
25c; puddle ducks, 25(fi30c; Pekin ducks,
40®45c; geese, 50</hoe each; turkeys,
owing to fatness, 14® 15c.
FRUITS At>JD PRODUCE.
FRUI'I’ AND VEGETABLES Lemono,
fancy, $4.00® 4 . 0 per box. Elorioa oranjjes,
?3®3.50 per box. Bananas, 3®3V.c per
pound. Cabbage, l®! per ID Pramits.
per pound, fancy Va., cliob'e, 5’..
®fic. Brans, round green, 75c u SI.OO pe r
crate. Florida celery, s2® 2.50 per err. »e
Squash, vellcw. per slx-bashet crates
$1 00®1.25. Lettuce, fancy. $1 25® 1.5*
choice $1.25® 1.50 per crate. Beets, 150
®2 per barrel. Cucumbers. 75c® .; LOO per
crate. New Irish potatoes, uer barrel,
$2.50® 3.00.
Egg plants. s2® 2.50 per crate Pepper,
sl.oo® 1.25 per crate, 'romatoes.fam y.six
basket crates, $1.50®'1.75; choice tomatoes,
$1.75®2. Pineapples, s2® 2.25 per crate.
< miens, $1.006/1.25 per bushel. Sweet pota
toes, pumpkin yam. sl6/1.25 per bushels.
Watermelons. slo® 15 per hundred Can
taloupes, per orate. $1,006/ 1 25.
PROVISION MARKET.
(Corrected by White Provision Company.)
Cornfield hams, 10 to 12 pounds average,
15Y,e.
Cornfield hams, 12 to 14 pounds average
15-\o.
Cornfield skinned hams, 16 to 18 pounds
average. 16‘jC
I Cornfield picnic hams. G to 8 pounds
[average, HUc.
Cornfield breakfast bacon. 22c.
Grocer style bacon (wide or narrow),
17 ‘sr.
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
I)< > xes, 12c.
Cornfield spiced jellied meats in 10-
pound dinner pails, 10c.
Cornfield smoked link sausage, 25-pound
boxes, 9c.
Cornfield smoked link sausage in pickle,
50-pound cans. $1 50.
Cornfield frankfurters in pickle. 15-
pound kits, $1 50.
Cornfield pickled pigs feet, 15-pound
kits. sl.
(’ornlield pure bird (tierce basis). 11Y/C.
Country style pure lard. 50-pound tins
only. 11 Ge.
(’-impound lard (tierce basis), 9c.
I>. S. extra ribs. 11 > .<•.
I). S. rib bellies, medium average. 11’.{-c.
D S. rib bellies, light average,
FLOUR AND GRAIN.
FLOUR Postell's Elegant. $7.50; Gloria
(self-rising. .$6,25; Victory Oiliest patent),
fti.iM): Faultless, finest. $6.25. Swansdown
(highest patent), $6.25; Homo Queen
(highest patent >.• $5 75, Puritan (highest
patent) $5.75; Sun Rise (lialf pati-nt) $5.75.
Tulip flour, $4.50; White (’loud (highest
patent). $5.75: Dimlom (highest pat-mti.
$5.50; Earm Bell. $5 40; Paragon (high
patent), $5.75. White Lily (highest pat
ent), $5.(?,); White Daisy, $5.60: Southern
Star, $5.25; Sun Beam, $5.25; Ocean
Sprav (patent). $5.25.
CORN White, red cob, $1.12; No 2
white. $1.10; eraeke-i. $1.05; choice yellow.
$1.05; mixed. $1 04
MI%\L Plain 144-pound sacks, 96c;
'♦(»-pound sacks, !'7--; 48-pound sacks. !‘9c;
21-pound sacks, $1.01; J2-pound sacks,
$1.03.
<>\TS Fancy while clipped, 66c; fancy
white. 65c: re<l rust proof. 6G<%
COTTON SEED MEAL Harper, S2B.
COTTON SEED HULLS Square sacks,
$9.00 p- r ton. Oat straw. 75c per bale.
SEEDS (Sacked); German millet. $’,.G5;
amber cane seed. $1.55; cane seed, orange.
$1.50; Wheat (’l’ennc^see), blue stem,
$1.40; red top cane seed. $1.35; rye (Geor
gia) $1.35; Appier oats. 85c; rod rust proof
, oats, 72c; Burt oats, 75c; Texas rust proof
I oats, 70c: winter grtizit.-g, 70c; Oklahoma
. rust proof. 50c: blue seed oats. 50c.
HAY Per hundredweight: Timothy,
i choice large bales, $1.70; Timothy, choice
third bales, $1.60; Timothy No. 1. small
1 ales, $1.50; new alfalfa, choice, $1.(55;
Timothv No 2, $1.70; Timothy No 1 clo
ver. mixed. $1.40; clover hay. $1..«0; alfal
fa hay, choice peagreen. $1.35; alfalfa No
1. $1.25: alfalfa No. 2, $1.25; peavine hay,
$1.20; shucks. 70c; wheat straw, EOc; Ber
muda hay, SI.OO.
FEEDSTUFF
SHORTS Fancy 75-lb. sacks $1 90; p
W., 75-lb. sacks, SI.XO; Brown. 100-lb.
sacks, $1.75; Georgia feed, 75 lb. sacks,
$1.75; bran, 100-lb. sacks. $1.50. 100-lb.
sacks, $1.55; Homcloiiie, $1.75; Germ meal
Homco, $1.7.5; suga»* beet pulp, 100-lb.
sacks. $1.50: 75-lb. sacks, $1.55.
CHICKEN FEED liref s-uaps, 50-lb
sacks, $3.50: 100-IL sacks, $3.25: Purina
scratch, 100-pound sacks, $2 20; Pu
rina pigeon feed, $2.35; Purina baby
chick, $2.30; Purina chowder, ilozcn pounci
packages. $2.20; Purina chowder. 100-lb
sacks. $2.15; Success baby chick, $2.10;
1%r,y0. $2.15; Victory baby chick, $2.30;
Victory scratch, 100-lb. sacks, $2.15;
Chicken Success baby chick, $2.10; wheat.
2-I-<ishel bags, per bushel, $1 40; Koester
i chicken feed, 50-lb. sacks, $1.10; oyster
: shell, 80<*.
GROUND I'EED Purina feed. 175-lb.
| sacks <1.90; Purina molasses feed, $1 90-
I Arab feed, $1.90; Allnoeda feed, -<1.85 :
Siurctie dairy feed, $1.65; Universal horse
i r.'ojil. $1.80; AL riogram. 100 lb. sacl-s,
Isl 70: Victor ' horse so.-d, 100-lb. sin ks.
I $1.80: Milko dairy feed, $1.75; No. $1.75
i alfalfa molasses meal, $1.73; alfalfa meal,
I $1.50.
GROCERIES.
SI'GAH - Tor pound, standaril granu
lated, 6i)e; New York refined, 5%; pla/i-
I tation, 5',6c.
COFFEI'I Roasted (Arbuckle's), $23.50;
AAAA. J 14.50 in bulk; in bags and bar
rels, *21.00; green, 19c.
RICE I lean. 4 %4i 5 = ; .c; fancy head, s=,
<j/6%.e. according to grade.
LARI’ Silver leaf. 12%c per pound;;
Soco, 9%c per pound; Flake White. 9%c
tier pound; Cottolene, $7.20 per case;
Snowdrift. $6 SO per case.
CHEESE Faney full cream, 19c.
SARDINES .Mustard, $3 per ease; one
quarter ml, $.3.
BUCK BUST TALK
ADVANCES WHEAT
Corn and Oats Irregular—The
Weather Is Good and Cables
Firm—Undertone Heavy.
ST. LOUIS CASH QUOTATION.
Wheat—No. 2 red (new) 101® 103 J
Corn ”3
Oats 51
CHICAGO, July 24. Wheat opened with
a heavy undertone and with prices rang
ing from 1% to I%c lower today. The ,3
influences were favorable cables, denials
of rust reports and unresponsive cables.
There was heavy commission selling.
Corn was weak and lower all around on
line growing weather.
'i.its displa.M a. a firm tone, but there
was ■■oiisideiablc commission selling at
the start
I'rovismi::; were firmer with higher hogs |
at the yards.
Wheat closed lower today, final prices
showing declines of 1c on July, 1% on
Septenibir and 1% on distant months.
Denials of black rust reports and unre-
I spopsive tables were the weakening fac
tors. . J
Corn closed unchanged to %c lower.
Tile market was steady
Oats %c u? Ti e market ruled strong.
Provisions were higher all around, but
trade was slow and the market was fea
tureless >
CHICAGO GRAIN MARKET.
Open. High. Low. Close. Close.
Frew. a
WHEAT-
Jul.v 98% 98% 97% 97% 98%
Sept. 93% 94 92% :<3 94%
Dee. 96% 96% 95% 95% 98%
May 1.00% 1.00% 99% 99% l.Oiy
i'iillN
July 70% 72 70% 71 % 71
Sept. 66 66% 65% i;i;% 66%
Dee. 57% 57% 56=% •'>"% 57%
May 58 58% 58 58% 58%
OATS -
July 4!) 50 48"' S 49% 48% 1
Sept. 34 34 = i 33% 34 34%
Dec. 35% 35% 34% 35'4 35%
May 3.'.. 37 ■» 37% 37% 37% a
l‘i >RK
Jlv 17.57% 17.60 17.57% 17.60 17.42%
Spt. 17.77’.. 17.85 17.65 17.77% 17.72% |
Oct 17.82'1. 17.85 17.82% 17.85 17.65
I ARD -"
Jlv 10.52 C. 10.52% 10.52% 10.52% 10.50
Spt 10 60 ' 10.65 10.60 10.65 10.65
oct 10.67% 10.70 10.65 10.70 10.60
.'ID'S
Jlv 10 45 10.45 10.40 10.42% 10.10
Spt 10.'2% 10 50 10.12% 10.52% 10.40
net 10.42% 10.45 10.42% 10.45 10.45
LIVERPOOL GRAIN MARKET.
Wb'-at opened '..1 to %d lilglier; at
l:3'i p m. was %d higher for'July and
De, ember and 'id higher for October.
Closed %d to t;d lower.
<'orn opened Rd higher; at 1:30 p. m.
was unchanged. Closed %d lower.
PRIMARY MOVEMENT.
W7 (i ; a 'I ; I IM2 ' t»lt '
Receipts....... 1.372,000 I 1,472.000 ,
Shipments 606,000 653.000
CORN— i
Receipts I 441.000 I 291,000 -"'J
Shipments . . .I 376.000 i 266,000
CHICAGO CAR LOT 3.
Following are receipts far Wednesday
and estimated receipts for Thursday:
I Wed n’llay. I Thursday. *
Wh7/rt~"7 ... .“7 332 I 285 I
[Corn! 103 101
nuts l 80 I 70
Hogs' 20,000 ! 16,000.
POULTRY. BUTTER AND EGGS.
NEW YtiKK. July 24. Dressed poultry *"
situdv luikevs, 13112 1; ■ hiekens, 18®/28;
fuwls: % "I"' ducks, is. Live poultry u'n
seitled prices; fowls, nominal.
IP,:'.! active; creamery special’s, 26'©
spi . creaui'-rx extras, 27<ii27 : i1 state
dair'.. tubs. 21%V-'>. process specials, '
25 tasked. I „ -%■
Id firmer; nearby white fancy, 28®>
2c i:e.'*rb' brown fancy. 241:25; extra
firsts. J'D.R'I: firsts. 18c.it !:'%•.
Cheese tpilct white milk specials, 15%
It 15%; Whole milk fancy, 151/15'4; skims,
-pie al.-. skims, tine, 10%@
II : full skims. 6%® 8%.
NEW YORK COFFEE MARKET. •
c-.ftee 'lUot.Ci'l.s _ ____ .j 3
opening. Closing. j
jinmirC". . . . ...7 13
Februarv 13 IH/13.U >1
March 13.24 13 24® 13.25
Xprill3 ill'll 13.28 13.271/ 13.21)
Max 13.27 13 30-V13.31
June J 3 291/13.30
Julv 12 84® 12.86 !
August’• SO® 12.95 12 89® 12.91
September. . . .'12.94 12 954/12.96
i>. i. i.or 13 0DU13.03
X,.vernierl3 004/13.01 13 064/ 13 08
iteeeml.fr. . . 13,11 V 13.12
Ch/sed steady.-
NEW YORK GROCERIES.
NEW YORK, July 24. Coffee steady;
No. 7 Rio spot 14'u 14',. Rice firm; do
mestic or lit .iry to prime 1%.4/5%. Molas
ses stoadv; New < trleans ep. n kettle 36@
50 Sugar raw firmer: centrifugal 4.05, .3
muscovado 3 55. molasses sugar 3.30, re
tim d dull, standard granulated 5.15, cut
half s.''o, crushed 5 80. mold A 5.45, cubes 8
5 15. pewderetl 5.20. diamond A 5.10. eon- . '
feclioi.eis A 1.95, No. 1 4.95. No. 2 4.90, .$
No. 3 4.85. No. 4 4.80.
11