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BMMLLTO
PASS IN SENATE
Fight for Measure Long Advo
cated by Governors and
Treasurers Partly Won.
Reform in the Georgia banking laws
long agitated by governors and state
treasurers was accomplished in part
today when the voluminous bank bill,
approved by the joint banking com
mission. was assured passage in the
senate.
The upper house adopted a mass of
amendments changing various phases
of the machinery of the new law. but
the bill as drawn by the inter-session
commission will be altered but slightly
in its important provisions.
The Increase tn the number of bank
examine: s and the divorcing of the
treasury and banking departments de
manded by depositors and banks alike,
form the chief feature of the act. A
department of banking with carefully
delegated powers and duties is created.
Not the least important feature of the
W’l is a provision giving the superin
tendent of banks power to investigate
the incorporation and administration of
all state banks.
Creates Important Office.
Briefly, the bill creates the office of
superintendent of banking. This offi
cial is in be appointed for four years by
the govt mor at a salary of $3,600 an
nually. He must give bond for $50,000.
1 he superintendent shall appoint an
assistant at a salary of $2,000 a year,
and one examiner for each 75 banks in
the state at salaries of SI,BOO annually.
1 he- expenses for the semi-annua*! ex
aminations as provided by the bill are
to be paid by the banks in fees ranging
from s2.> for banks of a capital less
than $25,000 to S2BO for banks of a
capital of more than $750,000.
Incorporation papers of banks shall
lie certified to by the banking commis
sioner before they shall become legal
and tile bank superintendent shall have
power to enforce the payment of
pledges for stock. Rigid provisions of
liability on the part of stockholders and
directors are provided and banks are
prohibited absolutely from loaning
more than 30 per cent of capital so:
the collateral to a single corporation
Severe penalties are attached to a
banks failure to comply with the bill's
provisions, such as refusing to report,
falsely representing capital stock, ae
epting deposits after the point of in
solvency is reached, concealing loans
tnd borrowing by officers and directors.
It is made criminal libel to publish a
false statement regarding the condition
• f a bank.
PET BULLDOG PREVENTS
BURGLAR LOOTING HOUSE
JACKSONVILLE, / FLA.. Aug. 7 The
residence of Mrs. E. M. Williams. 507
West Monroe street, was entered during
the absence of the family by a burglar,
but a pet bull dog prevented a robbery.
Upon the return home of Mrs. Williams
she discovered blood spots about the
room and many pieces of clothing. The
police declared the dog prevented a rob
bery. but have no clew as to the would
>e thief
FORMER ACTRESS DRIVEN
FROM CITY BY MARSHAL
SAX RAFAEL. t-.'.l .. \ U g. 7. The,
climax to the .'sci/padis of Mrs. Edna
Loftus Rheinsttom tame today when
she was given .me iiottr in which to
leave town. Complaints of alleged dis
orderly conduct was made to City Mar
shal Edward J. Italy by residents in
the neighborhood of Luke hotel, where
the actress has been stopping. That
official served notice on her and she
left on the next train for San Eran
■isc<..
■ I
Real Estate For Sale. Real Estate For Sale
FOURTEENTH STREET.
WE HAVE a beautiful residence, with every modern convenience, on a lot
75 b\ 18(1 feet, between Peachtree and Piedmont park; exclusive neigh
borhood. It is now rented for SIOO per month. Only $5,000 cash, balance
easy terms. Seo us quick for a price on this.
TI'RMAX. BLACK A CALHOUN.
203 Empire Building.
THIS BEAUTIFUL BUNGALOW
• 'la JhKJOIK JHiWI Iwtr
On elevated, level, shady lot, 50x200 feet, on Stewart avenue, Capitol View,
with tile yard, walk, concrete terrace steps, granite front and 6 rooms; will
make a delightful, cool, comfortable home.
House has living room, dining room, kitchen, three bed rooms with closets,
pantry, china closet, hall to latticed porch, oak mantels with tiles and grates,
birch doors, solid bronze hardware mission finish. No mortgage.
Small cash payment, balance monthly, and you occupy the place while pay
ing for it, and thus save you rent.
W. D. BEATIE
BOTH PHONES 3520. 207 EQUITABLE BUILDING
ND ACCUSATION 1
AGIST COBEIT
I
Sleuth Chief Declares Judge Is j
Not Involved in Any Way |
in Jewel Case.
According to N. A. Lanford. chief of
detectives, and \V. 1). Ellis, counsel for
the detective department, there is no
accusation of any kind today against
Judge George E. Gober, of the law firm
of Gober & Jackson, in connection with
the recovery of jewels said to be a
part of those stolen in the famous dia
ptond trunk mystery.
The case came up for hearing be
fore Justice Ridley, but at the request
of the detectives was continued until
Wednesday. August 14. in order that a
witness might be brought from Phila
delphia.
John Tye, counsel for Judge Gober,
declared that it was his client's desire
that the case be taken up at once,
that he might be exonerated of the
charges, in view of sensational publi
cations. and particularly an unfounded
reflection on a member of his family.
He maintained that Judge Gober had
no connection with the case.
John D. Kilpatrick, attorney for Mr.
Jackson, said that Judge Gober had no
connection with the ease. W. D. Ellis.
Jr., acting for the city, insisted on con
tinuing the case, but announced in open
court that no charge lay against Judge
Gober. Chief Lanford stated also that
it was not at his instance that the
name of Judge Gober had appeared in
the public prints.
The jewels were not taken from
Judge Gober's office. They were in a
safe in the office of Mr. Jackson.
THIEVES STEAL A LAUNCH
FROM JACKSONVILLE DOCKS
JACKSONVILLE, FLA., Aug 7.—Un
known thieves stol the launch ‘•Colonel”
from the Merrill Stevens dock and made
a clean getaway. The launch was pro
visioned and loaded with enough fuel to
last for several days. It is a pleasure
boat which had been used to carry par
ties up ami down the river. Speed boats
have been sent out in all directions to lo
cate the “pirates.”
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@5.75;
medium tu good steers, 700 to 850. 4.75@]
5.75; good to choice beef cows, 800 to 900,
4.25@4.75; medium to good beef cows, 700
to 800, 3.75@4.25; good to choice heifers.
750 to 850. 4.00@4. ( 5; medium to good
heifers, 650 to 750. 3.75@f4.50.
The above represent ruling prices on
good quality of beef cattle. Inferior
I grades and dairy types selling lower.
Mixed common steers, if fat, 700 to 800
' 4.00@ 4.50;. mixed common cows, ii fat, ;»00
lo 800, 3.50@4.00; mixed common bunches
to fair, 600 to 800, 2.75@3.00: good butch-
■ el bulls. 3.00'ff3.75.
, Prime hogs. 100 to 200 average, 7.50@
7.75; good butcher hogs, 140 to 160. 7.25@
, 7.40; good butcher pigs. 100 to 140. 6.75@
. 7.25; light pigs, 80 to 100, 6.00@6.75; heavy
rough hogs, JOO to 250, 6.50@7c.
; : Above quotations apply to corn fed
I hogs Mash and peanut fattened hogs.
I •. i h-c and under.
| .Moderate supply of cattle with but few
1 | good steers in yards this week. Receipts
• consisting principally of mixed cows and
. ' heifers of the light order, heavy stuff be-
I ing scarce and in best demand. Market is
j considered strong on the better grades
with a tendency to lower values on me-
■ diuni and grass stuff.
Commission men look for a fair run
■ of cattle for the next few weeks, but
present- receipts do not indicate that the
quality of range stuff is as yet up to
! standard.
, | Lambs have not been coming so free-
J. . quality not so good as earlier in the
season. A few loads of Tennessee lambs
•; were on the market this week, and sold at
from io 3 4 lower and were considered
; high for the reason of their inferior qual-
‘ i ity.
> i Hog receipts moderate. market steady to
•* 4 higher on all grades.
METAL MARKET.
NEW YORK, Aug. 7. At the metal ex-
■ , change today a heavy lone was shown.
‘ Copper spot. 17.00@ 17.50; August. 16.75@'
I 17.25; September, 16.87@ 17.25: October.
I 16.87 , /2@17.25; tin. 44.60@ 45.20; lead. 4.45@
4.55; spelter. 6.90@ 7.00.
THE ATLANTA GEORGIAN AND NEWS. WEDNESDAY. AIGI’ST <.
HEffi SELLING
LOWERS COTTON
Big Professionals and the Ring
Crowd Liquidate—No Sup
port to the Market.
NEW' YORK, Aug. 7. In response to
weak cables and further rains in Texas
the cotton market opened today at a de
cline of 5 to 13 points, but soon rallied, as ;
shorts were large buyers for profit. Aside *
from this demand, however, the market I
appeared to have little support, as New.
Orleans and other Southern interests were ;
sellers after the call and the list gradual
ly worked back again to the opening
level
Commission houses and the ring scalp
ers continued to sell during the afternoon
session, also the South was reported to
have sold heavily. However, the bull
prices and Liverpool bought and through
their aggressiveness prices were firmly
maintained with October rising from 12.07
to 12.27. December rallied from 12.17 to
12.33. January followed the advance close
ly Prices throughout the list showed an
advance of 9 to 17 points above the open
ing figures. It was rumored late yester
day that the ring crowd and certain large
interests would support the market on
further declines. This seemed to have
came true. It is believed that the general
public is building up a short interest in
the market, and in this case it vill take
little to cause a futher rally in prices.
During the last hour of trading a re
newed selling wave prevailed over the
market led by big professionals and the
ring crowd, closing the day’s session with
prices* showing a net decline of 3 to 4
points from the final quotations of Tues
day
Warehouse stocks in New York today
100.941; certificated 91.716.
Semi-weekly interior movement:
1912. 1911. 1910.
Receipts 3.435 12,587 6,946
Shipments 5,919
Stocks 60.686 56,928 41.011 !
RANGE OF NEW YORK FUTURES.
jf i 5 * I j~j 3 s|
Aug. 11.94 1 1.99 11.94 11.99 1 1.97-98 12.01-03
Sept. 11.95 12.11 1.1.94 12.05 12.04-06 12.07-09
‘ >< t 12.07 12.27 12.07 12.17 12.16-18 12.20-23
Nov. L2.1112.il 12.11 12.11 12.18-20 12.21-24
Dec. 12.17 12.34 12 17 12.23 12.23-24 12.26-27
Jan. 12.11 12.28 12.11 12.17 12.16-17 12.19-20
Feb. 12.19 12.19 12.19 12.19 12.22-24 12.26-28
M<h. 12.24 12.36 12.24 12.26 12.26-27 12.30-31
May 12.31 12.43 12.31 1 2,37 12.33-34 12.36-38
Closed easy.
Liverpool cables were due 6 to 8 points
lower. Opened 8 to 9 points lower. At
12:15 p. m. the market was quiet at a net
tiecline of 12 to 13 points on old crops
ami 10’s to lUo points <>n new. Spot
cotton in moderate demand at 25 points
decline. Middling 7.09; sales 7,000, Amer
ican 6.000; imports 3,000, all American.
At the close the market was barely
steady, with prices showing a net de
cline of 10 to 13 points from the previous
close.
RANGE IN LIVERPOOL FUTURES.
Futures opened easy.
Range. 2 P. M. Close. Prev.
Opening. Prev.
Aug. . . . 6.91 -6.881-2 6.86 6.87 7.00
Aug.-Sept 6.81 V 2
Sept.-Oct. 6.70 -6.68 6.66 6.67 6.79
Oct.-Nov. 6.63 -6.61*£ 6.60*/* 6.61 6.72
Nov.-Dec. 6.58 -6.56 6.54 6.55*2
Dec.-Jan. 6.57 -6.55 6.54*2 6.55 6.65
Jan.-Feb. 6.57 -6.556.54 6.55 6.66
Feb.-Meh. 6.57*/4-6.58 1 2 6.55 6.56 6.66*2
Meh.-Apr. 6.58 -6.57*. 2 6.56 6.57 6.67
Apr.-May 6.60 -6.58 “ .. .. 6.57*£ 6.68
May-June 6.60
June-July 6.58 6.68* 2
Closed barely steady.
HAYWARD & CLARK S
DAILY COTTON LETTER
NEW ORLEANS, Aug. 7 The weekly
weather report yesterday said that rain
was needed in the central and eastern
states and in central Oklahoma. Well,
the state of Oklahoma had good general
rains, particularly in the central portion,
over night, ami there are good indica
tions for general rains in Arkansas in the
next 24 hours, and general showers in
the central and eastern states. The rains
in the northern half of Texas wore caused
by the cool wave and as this has passed
out over the Atlantic, prospects for rain
| in the southern half of Texas have rather
diminished for today at least. It will be
warmer except in the Atlantic's, where
temperatures will remain stationary.
Liverpol came in weak with futures
as much as 12 points lower and spots 25
points lower. A cable said: “Temporary
rally possible." Labor unrest all over the
manufacturing world may play an Impor
tant part during the coming season. Now
York advises: “All mills Berkshire Cotton
Manufacturing Company. Adams, Mass.,
closed today as result of weavers’ strike
which is spreading. Twenty-three mills
•at Puebla. Mexico, closed down; 15,000
i textile workers struck."
Opening a few points lower on the poor
I Liverpool, the market rallied on good sup-
I port, some of whicn was on the theory
of a reaction after a big decline, and
some on the diminished rain reports 5 n
the southwestern quarter of the belt.
RANGE IN NEW ORLEANS FUTURES.
151 $I * I " I:?
E | ]*«] □ H
Aug. H2.39|12.42|12.36i12~31 12.33 ~ 12 1;'
Sept. 12.37'12.43'12.35:12.43 12.37 12.38
' >ct. 12.22 12.34 12.20 12.30 12.30-31 12.28-29
Nor. 12.22 12.28 12.22 1 1.18 12.30-32 12.30
Dec 12.-4'12.35 12.34 12.32 12.32-33'12.29-30
lan '12.27 12.38 12.23 12.37 1 2.34-35 12.31 -32
Eeb 12.36-38 12.33-35
Meli 12.36 12.45 12.35'12.45 12.44-45 12.41-42
\pr 12.46-48 12.43-45
Ma> 12.48 12 18 12.48 12 <8 12.54-56 12.52-54
Closed steady.
SPOT COTTON MARKET.
Atlanta, nominal: middling 12%.
New Orleans, steady; middling 12%.
New York, steady: middling 12.65.
Boston, steady; middling 12.65
Philadelphia, steady: middling 12.90.
Tdverpool. easier: middling 7.09 d.
Savannah, quiet and steady; middling
12%.
Augusta, quiet, middling 13%.
Mobile, steady.
Galveston, steady; middling 13%.
Norfolk, quiet; middling 13'.
Wilmington, nominal.
Little Rock, quiet: middling 12%.
Charleston, nominal.
Baltimore, nominal: middling 13%.
Memphis, quiet; middling 13c.
St. Louis, quiet: middling 13c
Houston, quiet, middling 12 15-16.
PORT RECEIPTS.
The following table shows receipts at
the ports today, compared with the same
day last year:
_J 1912.
New Orleans ... J 316 447
Galveston 95 312
Mobile It! 3
Savannah 189 423
Charleston 323
Norfolk 275
Boston 100
~ Totair 1/214 1.287
INTERIOR MOVEMENT.
1912 _!_ 1911. _
Houston 1,575 ! 4,433
Augusta 197 205
Memphis 52 70
St. Louis 117 43
Cincinnati 166 52
Little Rock .■ - ■ i 2_
Total _..... I 1.808
MAYOROF BOSTON~EATS
BEANS DURING MEAT WAR
BOSTON, MASS.. Aug. 7 Mayor Fitz
gerald has taken his own advice and ac
tually begun a meat boycott on his own
• dinner table It Is fish, vegetables, beans
and eggs from now on for Mr. Fitzgerald.
“Beans are the best thing In the world.”
says the mayor, “and they are baked here
in Boston."
NEWS AND GOSSIP]'
Os the Fleecy Staple
-
NEW YORK, Aug. 7. —Carpenter. Bag
got & Co. McElheny, Rothschild and
Waters selling; Mitchell. Riordan. Mc-
Fadden, Gifford and McGhee best buyers
after call. While buying is coming from
good people, the market has not the snap
it should have. Ring selling also.
Dallas wires: "Texas at 7:30 a. m. -
Raining hard at Fort Worth, Dallas and
this district; very heavy rain over entire
panhandle."
Weld and the ring crowd was generally :
selling in the late trading yesterdaj
There was little or no support given the >
market. The bulls seem to be doing noth- ;
ing. awaiting developments in Texas.
The first new bales of cotton received
from Georgia was consigned to Carpenter, '
Baggot & Co., and sold to Norman A- Co. 1
at 19% cents per pound.
Ginners and compress people report re
markable improvement in crop conditions
in Georgia and Alabama in the last two
weeks. |
Very little is heard of the boll weevil
and other insects. The rains must have ;
run them to cover.
Liverpool continues to drop. Spots j
there today were 709 d, a drop of 25
points from yesterday.
Texas rainfall: Columbus, .10: Corsi- I
cana, 61; Fort Worth. .30: Greenville.
1.70: Henrietta. .64; Kopperl, .10; Long
view. .12: Mexia, .26; Paris. .08; Pierce,
.46; Sherman. .50; Taylor. .04; Waco, .90;
Waxahachie, .20; Weatherford. .24; and
Temple, .01.
Following are 11 a. m. bids: August,
12.00; October, 12.20; December, 12.26;
January, 12.20.
NEW ORLEANS. Aug. 7.—Hayward & ,
Clark: The weather map shows cloudy
entire belt; general showers central and
north Texas, Oklahoma and central
states: also along Atlantic coast districts;
title warmer.
Rainfall: Amarillo. .42; Oklahoma. .72;
Fort Worth, .30; Taylor, .04; Fort Smith.
.08; Little Rock. .01; Memphis. .02; Vicks
burg. .02; Nashville, .02; Chattanooga. .10;
Savannah, .06; Jacksonville, .94: Jack
son, .08.
Telegraph companies report further ex
tensive rains in Texas—regular rainstorm
over west Texas —good rains in Okla
homa.
Inch and three-quarters rain reported
at Round Rock in south central Texas.
This is near Austin. New receipts in
creasing at Houston—s 33 new today.
The New Orleans Times-Democrat's
summary: Yesterday's cotton market de
cline was a whirlwind finish to the bear
ish brainstorm, according to the bulls.
According to the bears, it folded up bull
ish hope for the near future like a punc
tured accordion from which no more
music will come. Both views can not be
correct, consequently a bit of cold logic
in the heat of the fray may help solve the
riddle. Splendid rains have fallen over
the greater portion of Texas, and moder
ate to light rains have fallen over the
greater portion of the remainder of the
state. The hope and the fear of the cot
ton man usually has its rise in Texas,
hence in the minds of a majority of trad
ers the menace of drouth has now been
replaced by the promise of Ideal growing
and fruiting conditions during the criti
cal month of August.
I'nder the stress of the moment, when
bearish sentiment has the right of way,
only a few students of the crop seem to
remember that all season the basis of
buHish crop expectation has been thV be- '
lief that no matter how favorable the
weather, the plant as a rule has its in
creption under sufficiently adverse con
ditions to handicap its fruiting and ma
turing ability, but the re-exploitation of
such beliefs must await the coming of I
bad weather or a keen spot demand be
fore the talent will give it ear. Texas
needed rain, and it has received rain
enough in some sections to suggest the
accumulation of season in the ground for
next year. Nevertheless the government
promised fair weather in Texas and for
that reason longs have persisted In their
refusal to credit possibly exaggerated
private rain reports, until fully confirmed
by the government.
Estimated receipts Thursday;
1912. 1911.
New Orleans 80 to 100 25
COTTON MARKET OPINIONS.
Motrish Rothschild * Co.: We would
recommend that sales be made on good
rallies.
Thompson. Towle * Co.: The situation
is becoming acute with respect to the
short interest in the nearby months.
| Orvis Bros. & Co.: We think the price
| is destined to work lower.
I Miller & Co. We continue to favor
i meeting strength with sales until crop
conditions look less favorable or renewed
demand for spots sustains prices.
i THE WEATHER
CONDITIONS.
WASHINGTON, Aug 7.—Unsettled
weather with local showers southeast of
| Mississippi river tonight and Thursday.
Ne decided change in temperature next
36 hours.
GENERAL FORECAST.
Following is the forecast until 7 p. tn.
I Thursday:
i Georgia -Local showers tonight or on
1 Thursday.
North Carolina—Cloudy, probably show
ers in western portion tonight or Thurs
| <lay.
Soutli Carolina —Local showers tonight
or Thursdayt
Florida—Cloudy; probable showers in
northern portion tonight or Thursday.
Alabama and Mississippi—Local show
ers tonight or Thursday.
Louisiana. Arkansas and Oklahoma —
I’nseltled showers.
East Texas—l'nsettled showers in the
I northern portion.
| West Texas Unsettled showers in the
I northern portion.
DAILY WEATHER REPORT.
ATLANTA. GA.. Wednesday, Aug 7
I Lowest temperature 68
Highest temperature 80
Mean temperature 74
Normal temperature 77
Rainfall in past 24 hours, inc heso.oo
Deficiency since Ist of month, inches. 1.21
Excess since January Ist. inchesls.34
REPORTS FROM VARIOUS STATIONS.
I • Temperature^’fall
Stations-- Weath. 7 Max. I 24
i a. m. y'day.ihours.
Augusta <’loudy 70 | ...."
Atlanta Cloudy 68 80 ....
Atlantic City. Clear 72 74 ....
Boston Clear 66 74 ....
Buffalo t.’loudy 66 74 ....
Charleston ... t’loudy 74 80 ....
Chicago Raining 68 76 ....
Denver Pt. cldy. 54 84 1 .01
Des Moines ... Raining 64 80 | ...
Duluth Cloudy 54 60 .14
Eastport Cloudy 54 72 I .08
Galveston .... Pt. cldy. 82 86
Helena Raining 54 68 ....
Houston Pt. cldy. 78 1 . .
Huron Clear 58 84 .12
Jacksonville . ' ’lear 76 84 .91
Kansas City.. Cloudy 68 76 .. . .
Knoxville .... Cloudy 66 84 .01
Louisville . . Raining 68 84 .01
Macon Cloudy 74 82 ....
Memphis . Cloudv 68 82 .02
Meridian ... Cloudy 74 ....
Mobile < ’loudy SO 88
Miami Cloud' 80 90 I .. . .
Montgomery . <’loudy 71 86
Moorhead .. cloudy 62 76 .46
New Orleans. Cloudy 80 90 ....
New York . . . < ’loudy 66 74 ...
North Platte . Clear 56 82
Oklahoma ... Cloudy 68 78 .72
Palestine .... Pt. cldy 76 ' 80 ....
Pittsburg .... Pt. cldy 66 76 ....
Ptland. Oreg. Clear 62 SO .. .
San Francisco Clear 54 76
St. LouislCloudy 66 82 ’ .06
St. Paul Cloudy 64 80 ' ....
S. Lake City. Cloudy 62 84
.savannah ...’Cloudy 74 .0G
Washington . . C10udy6476 I . • • ■
C. F~ Von HERRMANN, Section Director.
COTTON SEED OIL.
Cotton seed oil quotations:
I Opening. I Closing.
Spot . . . . . ” J I 6.45@6.52
August 1 6.46@ 6.49 6.49@6.50
September . . . J 6.52@6.53 6.52@6.54
0ct0ber6.57@6.59 6.59@6.61
November .... 6.30@-5.30 6.31 @6.35
December .... 6.20106.21 6.21 @6.22
January ... 6.20@6.21 6.21@6.22
February 6.22©) 6.28 6.22@6.28
Cl< ■ quiei lab -■ 9,700 barn is.
STOCKS MNCE i
DNGOODDEMIND
j t
Market Shows Strength in An- <
ticipation of Conservative
Speech From Wilson.
1
By CHARLES W. STORM
NI.W Y'IRK, Aug. 7.—Following initial <
losses the stock market was irregular at •
the outset today, but at the end of tis- '.
teen minutes’ trading partial recoveries ]
had been made.
Reading opened unchanged, hut later ■
gained *£ over Tuesday’s closing United
States Steel common was ; 4 off at the ,
opening, but subsequently made a similar
recovery Amalganiated Copper lost s h . '
but later recovered part of this loss. Ca- '
nadian Pacific was weak here on profit
taking in London, declining I*>2- Consoli
dated Gas was among the strongest of
the specialties, gaining *, 2 .
rhe curb wa< quiet The London mar
w.as oonsiderably disturbed over the
situation in the Balkans. Americans in
, London wore irregular.
1 railing was light in the late forenoon,
irregular recoveries were made in a few '
or the important issues, while others re
ceded fractionally. American Tobacco re
’■overeu 1 of its early loss when the an
nouncement of the declaration <»f the
e *J ra Mand was made. Canadian Pa
eitic lost 2. Smelting and* Amalga
mated ( opper declined \
Ihe stock market closed strong; gov
ernments unchanged; other bonds stea<iy.
Stock q t iota Rons:
’ 11 as 11 Cl os. I Prev
'High Lov. Sale BidJCrse
Amal. <pp( r.l 83 82 83 &2 .. 82%
Am. h'o Sec... 25% 25'., 25'.. 25% 25'
Am. Sug. Ref.. 127 128 12fi'.. 126 l / 4 i126 *
Am. Smelting 84 82% 84 ' 83% 83%
Am. Loeomo... 41% 43% 41% 43'C 43'7
Am. Car Fdy.. 59 58% 59 59 58%
Am. Cot. < 111 54', 53 54', 54 153
Am. Woolen .... 1 ■*,; j 26
,\naconda .... 41% 41% ii'.„ 41% 41%
Atchison 108%;i08% 108U;i«8% 108%
*'• ■-141%J41% 141% 141% 141*..
Amer. Can .. 40% 40% 10-% |()% 40%
<lo. pref. .. 120% 130% 120% 120 120%
Am. Beet Sug. 70% 69% 70%' 70% 69%
Am. T. and T 146 115% Hi; ~ 145% 145%
Am. Agrlcul.,.l 59 58%
Beth. Steel ... 38% 37%' 38®, 38% 37%
B. R. T. 92% 92% 92% 92% 92%
B. aniO .... : . .... . . 107%:1.07%
< an. Rhcifie . . 276%1274% 176 176% 176%
Corn Products 14% 14% 14% 14% ip.,
<< an <’ 0 81%: 80% 81'7 81% 80%
Consol. Gas .. 146% 144% 141% 140 144
< en. Leather . 27% 27% 27% 27% 27%
Colo. F. and I.] 31 : 30%| 31 30%i 30%
Colo. South... I .... ~. 1 ... ;40 140 2
D. and H. .. . 168%T67%’.168% 168' K 167
Den. and R. G.. 19% 19%' I'l% is: 19
Distil. Secur. 32%i 32%: 32% 32%' 32
Er 'e I 36% 35%: 36% 36 ,' 2
do. pref . . 53% 53%| 53%! 54 53%
Gen. Electric 182 181 % 182 181 180%
Goldfield Cons.' 3- ; 3:,/ 37• < 33 • ■>."
<5. Western ! 17 C 17 4
G. North., pfd. 143 141% 143 142%’ 142%
°. re «% 43%
Int. Harvester ]94
111. Central ..'l32', 131% i:ii% 131% 132%
Interboro 21 20% 20% 20% 20%
do, pref. .. 61% 60% : 61 60%i 60%
lowa Central .[ 10 11
K. C. Southern 25% 25% "’5% “5 2",
K. and T , ... ..I ...% 2 7% 27%
. ,' ,ref 'lO |6O
L. Valey. . .1,2% 169% 172 172% 170%
L and N. . . 160% 159% 160% 160%. 159%
Mo Pacific . . 37% 37% 37% 37% 37%
N. V < entral H7%117% 117%T17 J 16%
Northwest. . . 141% 140% 141 % 141 % 140%
Nat. Lead. . . 59% 59% 58% 59% r ' 59
N. and W.. . 118% 117% 118% 118% 117%
No. Pacific . ."128% 127% 128%'129% 127%
i'. and W . . 32% 32% 32% 31% 32%
Penn123%'123 123%'123% 123
Pacific Mail . ... * 333* 39'
P. Gas Co.. . . 118% 117 117% .... 116%
P. Steel Car. . 36% 36% 36% 36 36
Reading .... 169% 167 169%, 169% 167%
Rock Island. . 26% 25% ! 25% ">6 9-,:i
„<*<>■ pf'i-- 51% 51
R. I. and Steel ' 27\ 27D
do. pfd.. . . 88% 88 88% 88 87 “
S. -Sheffield .56 55
So. Payifi' . 112'., 111% 112', 1)2% 111%
.So. Railway . 29% 29 29% 29%' 29
do. pfd.. . . 78 77%' 78 ' 78% 77%
St. Paul. . . . 108% 1071089, 108% 107 %
I'enn. Copper . 42% 42% 42%1 42 ' 42
Texas Pa<-ific 22 22 ‘ 22 21 ’1 ".,
Third Avenue I 37% 37%
I'nion Pacific 172% 170% 172’-. 172% 171
T. S. Rubber 52% 52% 52% 51% 52%'
Ttali Copper . 62% t',l% 61% 62% 613.
I'. S. Steel . . 72 71 72 71% 71%
do. pfd.. . . 112% 112 112'-. 11 2 1 ■> 11 "’%
V. Chem.. . 48% 48% 48% 48%' 48
W. I'nion . . .' 81% 81% 81% 81% 81
Wabash 41.5; 41,;,
do. pfd.. . .'14% 14% 14% 14 14%
W. Electric .' 84% 82 84 % 84% 81%
Wis. Central ,;o 58%
W. Maryland •■ • ... .' . . I 57% 58
Total sales, 338.732
LOCAL STOCKS AND BONDS.
Bld 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... 170
Atlanta National Rank 325
Broad Riv. Gran Corp 25 30
do. pfd 70 72
Central Rank & Trust Corp. ... 147
Exposition Cotton Mills 16(1 165
Fourth National Rank 265 270
Futon National Bank.. . ... I2 _ 131
Ga. Ry. & Elec, stamped.. . 126 127
I Ga. Ry. & Power Co. common 28 30
( do. Ist pfd 81 85
I do. 2d pfd 46 47
I Hillver Trust Company 125 127
I Lowry National Bank 248 25»
! Realty Trust Company ion JOS
• Southern Ice common 68 70
The Security State Bank..., 115 120
Third National Bank 225 339
Trust Company of Georgia... 225 235
Travelers Bank & Trust C 0... 125 126
BONDS
Atlanta Gas Light Ist "s 102
Broad Riv. Gran. Corp. Ist 6s 90 95
Georgia State 4%5. 1915, 5s . 100% 101%
Ga. Ry. X- Elec Co. 5s 102% 104
Ga. Ry. & Elec, ref 5s 100 101
Atlanta Consolidated 55...... 102% ...
Atlanta City 3%5. 1913 91 92
Atlanta City 4s. 1920 98 99
Atlanta City 4%5, 1921 102 103
x-Ex-rights.
MINING STOCKS.
BOSTON. Aug 7. Opening Massa
chusetts Gas preferred. SiHi: Shannon.
17%: Fruit, 193; Smelters preferred, 4!>-,;
Butte Superior, 45%.
NEW YORK COFFEE MARKET.
Coffee quotations:
J *'losing ~
Januaryl3.os4ll3.oß 13 114(13.13
Februaryl3.oolU 13.10 13.10@ 13.13
March 13.09'1(13.10 13.14'1(13.15
April 13.094(13.15 13.16'« 13.17
Mav . . . . 13 114( 13.13 13.17fi 13.18
.lune 13. -(l'd 13 15 13. Hi'x 13.18
Ju1y13.06 13.144(13.16
August. .... 13.65
September .... 12.92 12.96'1112.97
October. 12.1’54(13.00 13.02%13.04
November .... 13.00 13.074413.08
December. _. 1T04.13.09% 13,10
Closed steady . Sales, 123.250 bags.
BUTTER. POULTRY AND EGGS.
. NEW YORK. Aug" 7 Dressed poultry
steady: turkeys 131/23. chickens 1841 26,
fowls 124(20, ducks 184(18%. Live poul
try firm; chickens 184( 22, fowls 15. tur
keys 14. roosters 10%, ducks 14. geese 11.
Butter barely steady; creamery specials
26%4(27, creamery extras 25%4(26%, state
dairy (tubs) 21J12C, process specials 24%
asked.
Eggs firm, nearby white fancy 3044 31,
nearby brown fam v 244(25. extra firsts
224(24%, firsts 1944 20
Cheese firm: whole milk specials 15%
4(15%. whole milk fancy 15(1415%, skims
. specials 12%('(412%, skims fine 10%% 11%,
full skims 6%%8%.
I ATLANTA MARKETS I
1- ’
EGGS Fresh country candled, IB@l9c.
BUTTER -Jersey and creamery, in 1-lb. I
blocks, 20@22%c; fresh country dull, 10@ I
12*£c pound. f
DRESSED POFT/ißY—Drawn, head
an*i feet on. per pound: Hens, 17@'18c,
fries, 25@27‘ 2 c; roosters, 8@10c; turkeys,
owing to fatness. LB@2oc.
LIVE l*‘d'LTRY Hens. 40@45c: roost- j
ers 25@;K»c: fries. 18(?z25i.-; broilers, 20@ '
25c; puddle ducks. 25@30c; Pekin ducks,
40@45c; geese 50@f>0c each; turkeys, ow
ing t<> fatness. 14@15c.
FRUITS AND PRODUCE.
FRUIT AND VEGETABLES Lemons,
fancy, be per box; Florida oranges,
53@3.50 per box; bananas, per
pound; cabbage. l@l*,£c per pound; pea
nuts, per pound, fancy Virginia 6Vt@7c,
choice. sUymh'; beans, round green. 75c@;
$1 per c rate. Florida celery, $2@2.50 per
crate; squash, yellow, per six-basket \
crates. $1@1.25; lettuce, fancy, $1.25@ 1.50, c
clfoice SL-5@ 1.50 per crate; beets, $1.50@ c
2 per barrel; cucumbers. 75c@$l per crate;
nt w liish potatoes, per barrel. $2 50
Egg plants. $2@2.50 per crate, pepper, s
sl@L2s per crate; tomatoes, fancy, six
basket crates $1.50@1.75, choice toma- .
toes $1.75@2; pineapples, $2 @2.25 per .
crate; onions. sl@ 1.25 per bushel; sweet
potatoes, pumpkin yam. $1@1.25 per bush- 1
el. watermelons, slo@ls per hundred; f
per crate-, sl@l 25. *
PROVISION MARKET. '
by White Provision Company.) ,
Cornfield J ams. 10 to 12 pounds average, 1
IGc. 1
Cornfield hams. 12 to 14 pounds average,
16c. '
Cornfield skinned hams, 16 to IX pounds
average. 17c 1
Cornfield picnic hams, 6 to X pounds '
average, 12* }
Cornfield breakfast bacon. 23c.
Grocer style bacon (wide or narrow), .
17*/6c.
Cornfield fresh pork sausage (link or r
bulk) 25-pound buckets. 12c. 1
Cornfield frankfurters, .10 pound buck
ets. average 10c. 1
Cornfield bologna sausage. 25-pound
i">xes, 9c. | :
Cornfield luncheon hams, 25-pound
boxes, 12c.
Cornfield spiced jellied meats in 10-
pound dinner pails. 10c.
Cornfield smoke*! link sausage In pickle, I
50-pound cans. $4.50
Cornfield frankfurters in pickle. 15- !
pound kits. $1.50.
Cornfield pickled pig’s feet. 15-pound
kits. sl.
Cornfield pure lard (tierce basis). 11 %c.
Country style pure lard, 50-pound tins
only, HV4C.
Compound lard (tierce basis) 9*4c.
D. S. extra ribs, 11 ’£e.
D. S. rib bellies, medium average, 12c
I). S. rib bellies, ligb< average, 12UC.
FLOUR AND GRAIN.
FLOUR—Postell’s Elegant, $7.50; Ome
ga. $7.50; Carter's Best $6.50; Gloria (self
rising). $6.25; Victory (finest patent), $6;
Faultless, finest. $6.25; Swansdown (high
est patent). $6.25; Home Queen (highest
patent) $5.65; Puritan (highest patent)
$5.65; Sun Rise (half patent) $5; Tulip
Ilnur. $4.50: White Cloud (highest patent)
$5.50; Diadem (highest patent) $5.50;
Farm Bell $5.40; Paragon (highest pat
ent) $5.65; White Lily (highest patent)
$5 40; White Daisy $5 40; Southern Star
$5; Sun Bearn $5; Ocean Spray (patent)
$5.
CORN—No. 2 white $1.10; cracked $1.05;
yellow $1.03.
MEAL Plain 144-pound sacks 96c; 96-
pound sacks 97c; 48-pound sacks 99c; 24-
pound sacks $1.01; 12-pound sacks $1.03.
OATS- New fancy white. 60c; Red rust
proof, clipped, 60c; red rust proof, 58c
COTTON SEED MEAL-Harper, S2B.
COTTON SEED li ULLS —Square sacks,
$9.00 per ton. Oat straw, 75c per bale.
SEEDS- (Sacked): German millet. $1.65;
amber cane seed, $1.55; cane see<l, orange,
$1.50; Wheat (Tennessee), blue stem.
$1.40; red top cane seed, $1.35; rye (Geor
gia), $1.35; Appier oats. 85c; red rust proof
oats, 72c; Bert oats, 75c; Texas rust proof
oats, 70c; winter grazing. 70c; Oklahoma
rust proof, 50c; blue seed oats, 50e.
HAY—Per hundredweight: Timothy,
choice large bales, $1.70; Timothy, choice j
third bales. $1.60; Timothy No. 1, small ]
bales. $1.40: new alfalfa, choice, $1.65; ;
Timothy No. 2, $1.70; Timothy No. 1 clo
ver. mixed. $1.40: clover hay. $1.50: alfal
fa hay. choice peagreen. $1 30; alfalfa No.
1, $1.20: alfalfa No. -2, $1.25; peavine bay,
$1.20; shucks, 70c; wheat straw, 80c; Ber
muda hay, SI.OO.
FEEDSTUFF.
SHORTS -Fancy 75-lb. sacks, $1.90; P
W.. 75-lb. sacks. $1.80; Brown. 100-lb.
sacks, $1.75; Georgia feed, 75-lb. sacks.
$1.75; bran. 75-lb. sacks, $1.45; 100-lb.
sacks, $1.45: Homcloine, $1.70; Germ meal
Homco. $1.45; sugar beet pulp, 100-lb.
sacks, $1.50; 75-lb. sacks, $1.55.
(’Hit'KEN FEED Beef scraps, 50-lb.
sacks. $3.50; 100-lb. sacks, $3.25; I’urina
scratch. 100-lb. sacks, $2.20; Purina pigeon
feed. $2.35; Purina baby chick, $2.30; Pu
rina chowder, dozen pound packages,
$2.20; Purina chowder, 100-lb. sacks, $2.15;
Success baby chick, $2.10; Eggo, $2.15;
Vi* lory baby chick, $2.30; Victory scratch,.
100-lb. sacks, $2.15; Superior scratch,’
$2.10; Chicken Success baby chick, $2.10;
wheat, 2-bushel bags, per bushel. $1.40;
Rooster chicken feed, 50-lb. sacks, $1.10;
oystershell. 80c.
GROUND FEED —Purina feed, 175-lb
sacks, $1.90; Purina molasses feed, $1.85;
Arab feed, $1.90; Allneeda feed, $1.85.
Sucrene dairy feed, $1.65; Universal horse
meal, $1.80; velvet. $1.70; Monogram, 100-
lb. sacks, $1.70; Victory horse feed, 100-
lb. sacks, $1.80: Mllko dairy feed, $1.75;
No. 2, $1.75; alfalfa molasses meal, $1.75;
alfalfa meal. $1.50.
GROCERIES.
SI’GAR Per pound, standard granu
lated. 60c; New York refined, 5’4; plan
tation, 5*/ 2 <v
COFFEE Roasted (Arbuckle’s), $23.50;
AAA A, $14.50 in bulk; in bags and barrels,
$21.00; green. 19c.
RICE Head, 4 , 2@5* 2 c. fancy head, 5%
'J/6 , / 2 c. according to grade.
LARD- Silver leaf. 12De per pound;
Soco, 9%c per pound; Flake White, 9%c
per pound: Cottolene, $7.20 per case;
Snowdrift, $6.50 per case.
LIVE STOCK MARKET.
('HICAGO. Aug. 7. Hogs Receipts 21,-
00<>. Market slow. 5c lower. Mixed and
butchers, $7.55@8.55: good heavy, s7.Bs@’
8.40; rough heavy, $7 50@7.80; light, $7.90
@8.55; pigs, $6.75@7.90 bulk, $7.70@8.30,
Cattle* Receipts 21,000. Market steady
to 10c lower Beeves. $6.35@10.10; cows
and heifers. $2.75@8.25; stockers and feed
ers. $4.35@7.20: Texans, $6.30@8.35; calves
$8.50@ 10.00.
Sheep Receipts 30.000 .Market steady,
native and Western, $3.25@4.50; lambs,
$ 1.75@ 7.85.
Established 1861
The
LOWRY NATIONAL BANK
OF ATLANTA
Designated Depository
of the United States
County of Fulton, City of Atlanta.
Capital . , . $1,000,000.00
Surplus . . , $1,000,000.00
Accounts of Individuals,
Bank and Corporations
Solicited
■»■»—■■■———J f
IRREGULAR CLOSE
IN GRAIN MARKET
Corn 3-8 cUpto 11 -8c Off on
Heavy Offerings—Weather
Unsettled- Cables Strong.
ST. LOUIS CASH QUOTATIONS.
Wheat— N". 2 red 100%% 101%
Dorn 71%
Oats 30 © 31
CHICAGO. Aug. 7. Wheat opened a
shade higher today. Bain and unsettled
weather in the spring wheat country was
the main factor. Stronger markets on
the continent helped some, but Liver
pool was lower.
Corn was unchanged to %c lower. Of
ferings were larger on the more favorable
weather in the belt.
Oats were a shade better on the likeli
hood of the falling off in the movement
of grain.
Provisions were lower all around. Trade
was dull and featureless.
Wheat dosed irregularly, prices rang
ing from % to %c up to ■%<• off. There
was a big cash trade with reported trans
actions of 360.000 bushels, most of which
was for export.
Corn finished with pri< es ranging from
■%<■ higher to I%c off. Heavy rains over
most of the belt was the weakening in
fluence.
Oats were Vs to •%<■ higher on shorts
buying.
Provisions were strong in tone ait
around, but trade was light.
CHICAGO CASH QUOTATIONS.
CHICAGO, Aug. 7 Wheat, No. 2 red,
99%%1.03; No. 3 red, 97V-1/1.00; No. |
hard winter. 93% 95%: No. 3 hard winter,
91 %%'93%; No. I northern spring, 1.01%)
1.08: No. 2 northern spring. 1.00%1.05;
No. 3 spring, 93% 1.02.
Corn No. 2. 74%.74%: No. 2 white. 74%'
%75: No. 3, 73%73%; No. 3 white, 74%%>
75; No. 3 yellow, 73%% 74%. No. 4. 70% 71 ;
No. 4 wlfite, 73%%74: No. 4 yellow, 72%%)
73%.
oats. No. 2. new. 30% 30% : No. 2 white,
old, 40-1/12. new. 33%33%: No. 3 white,
old, 34(1( 36; new. 314(32: No. 4 white, new,
30: Standard, old. 37%38; new. 32%'33.
CHICAGO GRAIN MARKET.
‘ Prev.
Open. High. Low. Close. Close.
WHEAT—
Sept. 92% 92% 91% 92% 92%'
Dec 92% 92% 91% 92% 92%
May 96% 96% 95% 95% 96%
CORN—
Sept. 66 66% 65% 66% 66%'l
Dec. 55% 55% 54% 54% 55%'
May 55% 55% 54% 54% 55%
OATS—
Sept. 30% 30% 30% 30% 30%
Dec. 31% 32 31 % 32 31%
May 34 34% 33% 34% 34%
PORK
Spt 17.72% 17.85 17.70 17.87% 17.72%
Oct 17.85 17.92% 17.77% 17.87% 17.87%
Jan 18.50 18.55 1.8.32% 18.42% 18.52%
LARD
Spt 10.50 10.50 10.42% 10.47% 10.50
Oct 10.57% 10.51% 10.50 10.55 10.50
Jan 10.35 10.45 10.25 10.35 10.37%
RIBS
Spt 10.52% 10.57% 10.52% 10.55 10.55
Oct 10.47% 10.52% 10.47% 10.52% 10.52%
Jan 9.72% 9.75 9.62% 9.70 9.75
PRIMARY MOVEMENT.
' WHEAT- I 1912 I »11
I Receiptsl 1,981,000 I 1.058,000
Shipments| 1.645.000 I 695.000
COHN— ] |
Receipts| 715,000 I 378.000
Shipments' 541,000 I 361,000
CHICAGO CAR LOTS.
Following are receipts for Wednesday
and estimated recelpts for Thursday:
Wheat 281 1 158 ~
Corn 213 190
Oatsl 309 I 270
Hogsi 61,000 1 17,000
LIVERPOOL GRAIN MARKET.
Wheat opened unchanged to %d lower;
at 1:30 p. m. was unchanged to %d lower.
• Closed %d higher to %d lower.
Corn opened unchanged; at 1:30 p. m.
was unchanged to %d higher. Closed
unchanged to %d higher.
NEW YORK PRODUCE MARKET.
NEW YORK, Aug. 7. —Wheat, steady;
September I.oo%@looVf : spot. No. 2 red,
nominal in elevator and 107% f. o. b.
Corn, steady; No. 2. in elevator, nomi
nal; export No. 2, 81%; f. o. b. steamer,
nominal; No. 4, nominal.
Oats, easy; natural white, new, 56(858;
white clipped. 61 @64 asked. Rye, dull:
No. 2, nominal f. o. b. New York. Bar
ley. quiet; malting, nominal, c. t f. Buf
falo. Hay. irregular; good to prime. 56@
1.35; poor to fair. 80 asked. Flour, easier:;
spring patents. 5.25(85.50; straights. 4.40
@4.60; clears. 4.65(1/4.90; winter patents,
5.15(85,40; straights, 4.45@4.75; clears, 4.23
@4.50.
Beef, quiet; family, 18.00(818.50. Pork,
quiet; mess, 20.00@20.50; family. 20.00@>
21.00. Lard, easier: city steam. 10%@)
10%; middle West spot. 10.60 asked. Tal
low, firm; city, in hogsheads. 6% nomi
nal; country, In tierces, 5%@6%. ~
NEW YORK GROCERIES.
NEW YORK. Aug. 7.—Coffee steady;
No. 7 Rio spot nominal. Rice firm; do
mestic ordinary to prime 3%®4%. -Molas
ses steady; New Orleans open kettle 36
@SO. Sugar raw quiet; centrifugal 4.05,
muscovado 3.55. molasses sugar 3.30, re
fined‘quiet; standard granulated 5.15. cut
loaf 5.90. crushed 5.80. mold A 5.45, cubes
5.35. powdered 5.20, diamond A 5.10. con
fectioners A 4.95, No. 1 4.95, No. 2 4.90,
No. 3 4.85, No. 4 4.80.
17