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BMIKINE BILL fiT
PASS IN SENATE
Fight for Measure Long Advo-]
catecl by Governors and
Treasurers Partly Won.
R> form in (lie 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. wus 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 wlii be altered but slightly
in its important provisions.
rm'lncrease In the number of bank
examinets and the divorcing of the
treasury and hanking 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.
•Nut the least important feature of the
WI is a provision giving the superin
tendent of banks power to investigate
the incorporation and administration of
all state banks.
Creates Important Office.
Briefly, (he bill creates the office of
superintendent of banking. This offi
< ial is to be appointed for four years by
the governor at a salary of $3,600 an
nually. lie must give bond for $50,000.
The superintendent shall appoint an
assistant at a salary of $2,00(1 a year,
and one examiner for each 75 banks in
the state at salaries of SI,BOO annually.
The expenses for the semi-annual ex
aminations as provided by the bill are
to be paid by the banks in fees ranging
from $25 for banks of a capital less
titan $25,000 to S2BO for banks of a
• capita] of more than $750,000.
Incorporation papers of banks shall
be certified to by the banking commis
sioner before they shall become legal
and the bank superintendent shall have
power to enforce the payment of
pledges for stock. Rigid provisions of
liability on the part of stockholders and
directors ate provided and banks are
prohibited absolutely from loaning
more than 30 per cent of capita! fm
the collateral to a single corpoiation
Severe penalties are attached to a
bank’s failure to comply with the bill's
piovisions. such as refusing to report,
falsely representing capital stock, ac
cepting deposits after the point of in
solvency is reached, concealing loans
ind bo: rowing by officers and directors.
It is made criminal libel to publish a
false statement regarding the. condition
if a bank.
PET BULLDOG PREVENTS
BURGLAR LOOTING HOUSE
I A UK.SONY ILLE, 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
lint a pet bull dog prevented a robbery.
I'l”)*’ 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 elew as to the would
be thief.
FORMER ACTRESS DRIVEN
FROM CITY BY MARSHAL;
feAN RAFAEL, CAT., Aug. 7. The;
climax to the escapades of Mrs. Edna
Loftus Rheinstiom came today when i
she was given one hour in which to j
leave town. Complaints of alleged dis- ■
orderly conduct was made to City Mar
shal Edward J. Daly 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 Fran
cisco.
Real Estate For Sals. Real Estate For Sale.
FOURTEENTH STREET.
\\ a beautiful residence, with every modern convenience, on a lot
«•*> by ISO feet, between Peachtree and Piedmont park; exclusive neigh
borhood. It is now rented for SIOO per month. Only $5,000 cash, balance
» asy terms. So - us quick for a price on this.
TURMAX. BLACK A CALHOUX.
203 Empire Building.
THIS BEAUTIFUL BUNGALOW
■ ■. ,
i
wgWHMMBbn*. nEI
'W.-'W* z
IX. . ■ ■■■.-- - " : . n
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
no accusation
AGAINSE GDBEH
Sleuth Chief Declares Judge Is
Not Involved in Any Way
in Jewel Case.
According to N A. I.anford, t hies ol
detectives, and W. 1). Ellis, counsel sot
the detective department, there is n<
accusation of apy kind today againsi
Judge George F. Gober, of the law firn
of Gober Ci Jackson, in connection witl
the recovery of jewels said to be t
part of those stolen in the famous dia
mond trunk mystery.
The case came up for hearing be
fore Justice Ridley, but at the requesi
of the detectives was continued unti
Wednesday. August 14. in order that t
witness might be brought from Phila
delphia.
John Tye, counsel for Judge Gober
declared that it was his client's desirt
that the case be taken up at once
that he might be exonerated of tin
charges, in view of sensational publi
cations, and particularly an unfoundet
reflection on a member of his family
He maintained that Judge Gober hat
no connection with the case.
John D. Kilpatrick, attorney for Mr
Jackson, said that Judge Gober had n
connection with the case. \V. IX Ellis
Jr., acting for the city, insisted on con
tinuing the case, but announced in opei
court that no charge lay against Judg<
Gober. Chief Lanford stated also tha
it was not at his instance that th'
name of Judge Gober had appeared ii
the public prints.
Die jewels were not taken fron
Judge Gober’s office. They were in <
safe in the office of Mr. Jackson.
THIEVES STEAL A LAUNCE
FROM JACKSONVILLE DOCKS
t,
JACKSONVILLE, FLA., Aug. 7.—Vn
known thieves stol the launch "Colonel
from the Merrill Stevens dock and mad,
a clean getaway. The launch was pro
visioned and loaded with enough fuel ti
last for several days. It is a pleasuri
boat which had been used to carry par
ties up and down the river. Speed boat;
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 purchase:
during the current week:
Choice to good steers, 1,000 to 1,200, 5 2i
@6.50; good steers. 800 to 1.000, 5.00@5.75
medium to good steers, 700 to SSO, *4.7541
5.75; good to choice beef cows, 800 to 900
4—s@ 4.75;_ medium to good beef cows, 70i
to 800, 3.75@4.25; good to choice heifers
750 to 850. 4.004/ 4.75; medium to goot
heifers, 650 to 750, 3.75@-4.50.
The above represent ruling prices ol
good quality of beef cattle. Inferio
grades and dairy types selling lower.
Mixed common steers, if fat. 700 to 800
•l.OUip 4.51 L mixed common cows, it fat, $0
to 800, 3.50 ft 4.00: mixed common bunche
to fair, 600 to 800, 2.75@3.00; good butch
et bulls, 004(3.75.
Prime hogs, 100 to 200 average, 7.50®
7.75; good butcher ’mgs. 140 to 160, 7.254
7.10; good butcher pigs, 100 to 140, 6.75®
7.25; light pigs, 80 to 100, 6.00® 6.75; heaw
lough Ilogs. 200 to 250, 6.50@7c.
Above quotations apply to corn set
hogs. Mash and peanut fattened hogs
I and tinder.
Moderate supply of cattle with but fev
good steers in yards this week. Receipt;
consisting principally of mixed cows am
heifers of the light order, heavy stuff be
ing scarce and in best demand. Market i;
considered strong on the better grade:
' with a tendency to lower values on me
dium and grass stuff.
Commission men look for a fair rui
'of cattle for the next few weeks, bu
' present receipts do not indicate that th,
; quality of range staff is as vet up li
standard.
| Lambs have not been coming so free
I ly. quality not. so good as earlier in tin
: season. A few loads of Tennessee lamb:
' were -,n the market this week, ami -old a
from to % lower and were considers!
; high for the reason of their inferior qual
I ity.
Ilog receipts moderate, market steady ti
:> 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 ft 17.50; August, 16.75 ft
17.2.); September, 1 it.B7ft 17.25. October
16.87140 17.25; tin. 44.604/45.20; lead. 1.45 ft
i 1.55: spelter. 6.901/7.00.
THE ATLANTA GEORGIAN AND NEWS. WEDNESDAY. Al (il ST 7. 191-
W SELLING
i LOWERS COTTON
—_
Big Professionals and the Ring
Crowd Liquidate—No Sup
port to the Market.
N'El\ YORK. Aug. 7. In response to"
weak cables and further rains m Texas
the cotton market opened today ala de
' cline of 5 to 13 points, bm soon rallied, as [
shorts were large buyers for profit. Aside I
from this demand, however, the market I
appeared to have little support, as New
Orleans ami 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 42.07
to 12.27. December rallied from 12.17 to
12.33. January followed the advance close
l.v. Prices throughout the list showed an
advance of "j 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
1 came true It is believed that the general
public is building up a short interest in
the market, and in this case it will 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 lo 4
ppints from the final quotations of Tues
-1 day
Warehouse stocks in New York today
100.941: certificated 91,716.
Semi-weekly interior movement:
i 1912. 1911. 1910.
Receipts 3.435 12.587 6,946
Shipments 5,919 13,f56 8.864
Stocks 60.686 56,928 41.011
RANGE OF NEW YORK FUTURES.
i
i O B J -ltO| V
1 Aug.**Tl*S 1 11.99 11.94,11799111.97-98'12.01-03
Sept. 11.95 12.11'11.94 12.05'12.04-06|12.07-09
Oct. 12.07 12.27 12.07 12.17 12.16-18 12.20-23
Nov. 12.11 12 11 12 11 12.11 12.18-20 12.21-24
Dec. 12.1712.34.12,17:12.23 12.23-24'12.26-27
1 Jan. 12.11 12.2812.111217 12.16-17'12.19-20
! Feb. 12.19 12.19 12.19.12.19 12.22-2112.26-28
’ Meh. 12.24112.36'12.24'12.26'12.26-27112.30-31.
May '12.31,12.43.12.31 12.37 12.33-31 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
, decline of 12 to 13 points on old crops
■ and 10% to 11% points on 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 I’. M. Close. Prev-
Opening. Prev.
Aug. . . . 6.91 -6.88% 6.86 6.87 7.00
Aug.-Sept 6.81»,j 6.78% 6.77% (1.78% 6.90’-
Sept.-Oct. 6.70 -6.68 6.66 * 6.67 * 6.79
Oct.-Nov. 6.63 -6.61% 6.60% 6.61 6.72
1 Nov.-Dec. 6.58 -6.56 6.54 6.55% 6.66*41
Dec.-Jan. 6.57 -6.55 6.54% 6.55 6.65
' Jan.-Feb. 6.57 -6.55% 6.54 6.55 6.66
Feb.-Meh. 6.57%-6.58% 6.55 6.56 6.66%
1 Meh.-Apr. 11.58 -6.57% 6.56 6.57 6.67
Apr.-May 6.60 -6.58 ... .. 6.57% 6.68
May-June 6.60 -6.58’9 t> 57 6.58’9 6.6:1
June-July 6.5 S 6 68’, 2
‘ Closed barely steady.
HAYWARD & CLARK’S
DAILY COTTON LETTER
NEW ORLEANS. Aug. 7.—The weekly
weather report yesterday said that rain
I 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,
l over night, and there are good indica-
I tioris for general rains in Arkansas in the
next 21 hours, and general showers in
i the central and eastern states. The rains:
i in the northern half of Texas were caused j
by the cool wave and as this has passed I
out over the Atlantic, prospects for rain ,
I in the southern half of Texas have rather
: diminished for today at least. It will be
warmer except in the Atlantics. where
i temperatures will remain stationary.
TJverpol came in weak with futures I
as much as 12 points lower anil spots 25
• points lower. A cable said: "‘Temporary
i rally possible.” Labor unrest all over the
manufacturing world may play an impor
tant part during the coming season. New
York advises: “All mills Berkshire Cotton
Manufacturing Company, Adams. Mass..
i closed today as result of weavers', strike
which Is spreading. Twenty-three mills
at Puebla. Mexico, closed down: 15.000
textile workers struck.”
Opening a few points lower on the poor'
I Liverpool, the market rallied on good sup- I
I port, some of which was on the theory
of a reaction after a big decline, and '
some on the diminished rain reports in
the southwestern quarter of the belt.
RANGE IN NEW ORLEANS FUTURES.
?It l s gji ? I>? ■
A“ug7*T2.T« 12,42.12.30 12.31 12.3.: 12.42
Sept. '12.37J2.43’12.35 12.43112.37 12.38
Oct. J 2.22 12.34112.20 12.30'12.30-31 12.28-29
Nov. 1 2.1 2.28 12.22 1 1.1 8 1 2.30-32 12.30 ;
Dec. 12.24 12.35'12.34 12.82 12.32-33 12.29-30
Jan. 12.27’12.33 12.23 12.37 12.34-35 12.31-32
Febil2.36-38 12.33-35
Meh. 12.36-12.45 12.35 12.45 12.41-45 12.41-42
Apr. ... 12.16- (8 12 13-45
May '12.48 i 2.4812.48 12.48 12.51-56 1 2.52-54
Closed steady.
SPOT COTTON MARKET
Atlanta, nominal: middling 12%.
New Orleans, steady; middling I2^ g
New York, steady; middling 12.65.
Boston, steady; middling 12.65.
Philadelphia, steady; middling 12.90.
Liverpool, easier; middling 7.09 d.
Savannah, quiet and steady; middling
12 ,z 2.
Augusta, quiet; middling 13U.
Mobile, steady.
Galveston, steady; middling 13’ g
Norfolk, quiet: middling T 3’ 4
Wilmington, nominal.
Little Rock, quiet; middling 12 7 ,b
Charleston, nominal
Baltimore, nominal; middling 13%.
Memphis, quiet; middling i3c.
St. Louis, quiet: middling 13c.
Houston, quiet; middling 12 15-16
PORT RECEIPTS
The following table shows receipts at
the ports today, compare*! with ibe same
day last year;
| X9|2,
New Orleans . . . .I 447
Galveston 1 95 312
Mobile 16 3
Savannah 189 423
Charleston 323
Norfolk 275 2
Bost op 100
Totall 214 1,287~
INTERIOR MOVEMF. Nf •
ijl J l!H1. ’
Houston' 1.7.75
AUgUßta 197 2H5
Memphis.- 52 70
St. Louis 117 43
Cincinnati * 163 52
Little Rock . . 2
Total. ~ . \ ,T; ..T Ixßoß
MAYOR OF BOSTONEATS
BEANS DURING MEAT WAR
BOSTON. MASS . Aug. 7 Mayor Fitz-I
gerald has taken his own advice and ac- I
uially begun a meat boycott on his own
dinner table It is fish, vegetables, beans
and eggs from now on for Mr. Fitzgerald
piEWS AND GOSSIP]!
Os the Fleecy Staple
NEW YORK. Aug. 7.—Carpenter. Bag
got A- Co.: McElhcnj', Rothschild and
'Maters selling; Mitchell. Riordan. Mc-
Fadden. Gifford and McGhee best buyers
after call. While buying is coming from
I good people, the market has not the snap
,It should have. Ring selling also.
1 Dallas wires: "‘Texas at 7:30 a. m -
■Raining hard at Fort Worth. Dallas and
I this district; very heavy rain over tut.te
I puiffiandle.”
Weld and the ring crowd was generally
selling in the lute trading x ester.,a>. :
There was little or no support given the .
market. The bulls .;eem to be doing noth - |
ing. awaiting developments in Texas.
, Hie first new bales of cotton icce.v.d
from Georgia was consigned to Carpenter.
Buggut & Co., and sold to Norman & Co
at 19',i cents per pound.
Dinners and compress people report re
; tnarkuble improvement in cron condition.-
I in Georgia and Alabama in tne last two
I weeks.
Very little is heard of the boll weevil
ami other insects. The rains must have
run them to cover.
Liverpool continues to drop. Spots
there today were 7.09 d, a drop of 25
ppints from yesterday.
Texas rainfall: Columbus. .10; Corsi
cana, 61; Fort Worth. .30; Greenville.
1.70: Henrietta. .64; Kopperl, .10; Long
view, .12: Mexia. .26; I’aris, .08; Pierce,
.46; Sherman, .50; Taylor, .01; Waco, .90:
Waxahachie. .20; Weatherford. .24: and
Temple. 01.
Following are It 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 cloud)
entire belt; general showers central and
north Texas. Oklahoma and central
states; also along Atlantic coast districts;
lit let warmer.
Rainfall; Amarillo, .42: Oklahoma, .72;
Fort Worth. .30; Taylor. .04. Fort Smith.
.98; 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 533 new today.
The New Orleans Tinies-Detnocrat’s
summary: Yesterday's cotton market de
cline was a whirlwind finish to the bear
ish according to the bulls.
According to tlie 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 tha fray may help solve tlie
riddle. Splendid rains have fallen over
the greater portion of Texas, apd 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 tlie 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
bullish crop expectation has been the be
lief that no matter how favorable tlie
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 ol’
such beliefs must await the coming of
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 tlie
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
tefusal to credit j/osslbly exaggerated
private rain reports, until fully confirmed
by the government.
Estimated receipts Thursday.
1912. 1911
New Orleans 80 to 100 25
COTTON MARKET OPINIONS.
Morrish 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.
Grvis Bros. & Co.: We think the price
is destined to work lower.
Miller Co.: We continue to favor
meeting strength with sales until crop
conditions look less favorable or renewed
dprnand for spots sustains prices.
f 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. rn.
Thursday:
Georgia Local showers tonight or on
Thursday.
North Carolina—-Cloudy, probably show
ers in western portion tonight or Thurs
day.
South <’arolina —Local showers tonight
| nr Thursday.
I Florida-Cloudy; probable showers in
northern portion topight or Thursday.
Alabama and Mississippi—Local show
ers tonight or Thursday.
Louisiana, Arkansas and Oklahom? ■
U nsettled showers.
Hast Texas Unsettled showers in the
‘ northern portion.
West Texas Hnsettled showers in the
northern portion.
DAILY WEATHER REPORT.
ATLANTA, GA.. Wednesday, Aug. 7
Lowest temperature 68
Highest temperature
Mean temperature 74
Normal temperature 77
Rainfall in past 24 hours, incheso.oo
Deficiency since Ist of month, inches. 1.21
Excess since January Ist, inchesls.3l
REPORTS from various stations.
I ITemperaturelß’fall
Stations-- | Weath. 7 Max. 24
Augusta t’loudy 70 ....
Atlanta Cloudy 68 1 80 ....
Atlantic City. Clear 72 74 ....
Boston Clear 66 74 ....
Buffalo 'Cloudy 66 74 ....
Charleston ... Cloudy 74 80 ....
Chicago Raining 68 76 ....
Denver I’t. ddy 54 84 01
DesMotnes ... Raining 64 80
Duluth . . .iCloud* 54 60 .14
Eastport iClaudV 54 72 .08
Galveston Pt. cldy 82 86 ...
Helena Ruining 54 68 ....
Houston . Pl. cldy. 78
Huronclear 58 84 .12
Jacksonville . Clear 76 84 .94
Kansas City.. Cloudy 68 76 ....
Knoxville .... Cloudy 66 84 .01
Louisville .. . Raining 68 X 4 .01
Macon Cloudy 74 82
Memphis . .. Cloudy 68 82 .02
Meridian . . .Cloud.'* 74 ....
Mobile Cloudy 80 88 I .. , .
.Miami Cloqdy 80 90 ] ....
Montgomery .cloudy 74 86 ...
Moorhead .... ; ci<»u<ly 62 76 1 .46
New Orleang.'Cloudy 80 90 ...
New York....'Cloudy 66 74 ....
North Platte /Clear 56 82
Oklahoma ... Cloudy 68 78 .72
T’alestine .. Pt. cldy. 76 J 80
Pittsburg .... I’t. cldy. 66 76 ....
P’tland, Oreg, clear 62 80 . .
San Francisco Clear 54 76
St. Louis'Cloudy 66 82 1 .06
St. Paul(Cloudy 64 80 1 ...
S. Lake City. Cloudy 62 84
Savannah .. . Cloudy 74 .06
Washington ..
C F. Von HERRMANN, Section Director
COTTON SEED OIL.
Cotton seed oil quotations:
I Opening. I Closing.
I Spot I I 6. !sfa 6.52
I August6.46<a6.49
September ....
October6.s7 fz 6.5”
November ....
December . . . /
STOCKS JDiGE
ON ■ DEM
Market Shows Strength in An
ticipation of Conservative
1
Speech From Wilson.
By CHARLES W. STORM.
NEW YORK, Aug. 7.—Following :nitial
losses the stock market was irregular at
the outset today, but at the end of fif
teen minutes’ trailing partial recoveries
■ bad been made.
Reading opened unchanged, but later
, gainer over Tuesday’s closing. I'nited
I States Steel common was i j off at the
I opening, but subsequently made a similar
j recovery Amalgamated Copper lost
(but later recovered part of this loss. Ca
nadian I aclfic was weak here on profit-
■ taking hi London, declining C.msoli-
> uaied t.as was among the strongest < f
the specialties, gaining Q..
i ! . * urtl Wi , is ‘l”!’'' The London ntar-
'' :ls ‘.'"’■"’ideral.ly disturbed over the
I situation tn the Balkans. Americans in
London were irregular.
, Tra/hng was light in the late forenoon.
: •' rec,, vcries were made in a few
I or the imixirtant issues, while others re
hy.1 ’' 1 'dually. American Tobacco re
"f J ts earl)- loss when the an
n”!lll<'e. l ) l ''" , ~f Ibe declaration of the
< x ta dividend was made. Canadian i’a
n J't s ' n y ttn ? “"'I Amalga
-1 "’i’Per declined
The Stock market closed strong: gov
ernments unchanged; other bonds stead)-.
Steck quotations:
K-rrxot-o oi. / ILast|Clos.lPrev
- PTOLKS— ibgl: L.>w.'Sale.l BM.lffl
Antal. Copper.' B.'< ' 82 183 ' 82R, 82%
Am. Ice Sec... 2,>i, 25’, 25’ 4 25'1 25’.i
Am' c Ug 'tn ef ‘o' 126 126 -= '- t;
; Am. Smelting SI 82-\ 84 , 83'.. 83'9
Am. Locomo... tIQ 43Q tp .pptf 431*
Am. Cot. OH 0 4Q ; 53 54, 64 63
Am. Woolen 26 26
Anaconda . ... 41 4l’. s 4i*>9l 41% 41U
' -ych'son 198 Q 108 Q 108’91108’, HIX’,
' <-. L. 14H9i14H9 141’.. 141'’., 141’4
Amer. Can ..
do. pref. ..T 2039 120%!120%'120 1 130%
Am. Beet Sug 70% 69% 70’-' 70% 69%
Am. 1 ami T. 146 145% 146 "145% 145%
Am. Agrtcul 1 59 i 5S7'
' h et !'- ? r teel ■■■
H- R- I 92’b 9292 :, h! 92*l 92-\
Can. Pacific .. 276% 274% 176 176% 176%
Corn Products 14% 14’.. 14'- ll' 14’;
.C. and O. .... 81% 80% 81'II 81’, 80%
Consol. Gas .. 146% 144% 141’., 1146 144
Cen. Leather . 27% 27% 27t.. "7* 271
Colo. F and I. 31 30% 31 30% 30%
Colo. South 40 * 1 40
D. and H. .... 168% 167% 168% iIGSK 167
■ Den. and R. G. 19% 19% 19%' i<>> '
Distil. Secur. . 32% 32% 32%| 32%i 32
'l Erle , 36% 35% 36', 36% 35%
do. pref. .. 53% 53% 53% 54 1 533,
Gen. Electric 1182 181% 182 *lßl 18(/
Goldfield Cons.' 3% 3% 3%’ 3% 3%
■ <>. w estern 117 C 17
)|G. North, pfd. 1143 'l4l % 143 '142% il 42%
G. North. (»re.. .... .... . 4.4% Ml "
, Int. Harvester . 134 i-'i . 1
111. Central - ■ 132%T;11 % 131 %/t, '32>i
, Interboro 21 20% 20%i 20%l 20%
. do, pref. .. 61%' 60% 61 ; 60% 60%
lowa Central . . .; | 110 I 11
' h' V' « ,, ' ltlier "' -5%: 25% 25% 25 ' 25
; do pref. ' 60 ' 8 ' fio
[ L. 'alley. . .|1.<2% 1.69% 1172 1172% 170*-
U n ui' ' ,‘59% 160% lt'o%. 159
Mo Pacific . J 37%' 37%l 37% 37%l 37”
N. Y. Central 1 117%|117%i117%'117 *1116’..
; Northwest . . 141 % 140% 141 141’, 140-
Nat. Lead. . . 59% 59%' 69%' 59%' M
N and W.. . 118% 117.%'118-L 118% 117'--
No. Pacific . 128% 127% 1128%f189’,'127*
O. and \V.. . . 32% 32%: 32% 31%. 32’
Cennll23% 123 123 % '123% 123
I aclfic Mail ... 33%' 3*’’
, £ £‘ as , C 2" • -iU8%!117 117%' .*.. .116-
1 I . Steel ( ar. . 36 1 / 36d,i 36»T 30 ‘33
! Reading . . . . 169% 167 169% 169% 167’
Rock Island. 26% 25% 25% 26 25”
' n' 1 ?' pft ! "o.' . !■ .... 51%; 51 ■
R. I. and Steeb I ' 2751' 27V
> c •' 88 '
S. -Sheffield. '56 I 55
I So. Pacific . ■ 11.'!'-, 111% H2%'112%Tii%
So. Railway .' 29% 29 I 29% 29%| 2't '
do. Rfd.. . . 78 77% fj ' 771
St. Paul. . 108% 107% 108% 108% 107'-
renn. Copper . 42% 42%’ 42%i 42 4” '
Texas Pacific.' 22 22 * 22 *i 21 ' 2?”
Thlr.! Avenue ' . . 37 , 4 5;,,
I nion Pacific 'l72'- 170-, 172'.. 17-’% 171 ;
I'. S. Rubber i 52% 52% 52% 51%; 5-’i,
Ctah Copper . 62% 61% 61%| 62'/ 61%
I. S. Steel . . 72 71 ’72 71 71%
; do. pfd.. . . 112%.112 112’. 112’.. lI2L
'•-I- CI’CIII 48% 48% 48'.., 48%! 48
. W. I nion . . . 81% 81%' 81% 81%: 81
W abash 41., ,| 1 <
do. pfd ..1 14%| 14% j%.; 44 14%
W . Electric . .’ 84% 82 i 84’., 81% 81%
W is. Central ' .... ... 1 ~ . so 58 ft
W. Maryland J 57-, 58
Total sales. :::>x.7::2 shares
LOCAL STOCKS AND BONDS.
Bld. Asked
Atlanta & West Point R. R... 140 145
1 American Nat. Bank 220 225
Atlantic Coal & Ice common lOO’.. 101
Atlantic Coal & Ice pfd 90 * 92
Atlanta Brewing X- Ice C 0... 170
Atlanta National Bank 325
Broad Riv Gran. Corp 25 jp
do. pfd 70 72
Central Bank & Trust Corp. ... 147
1 Exposition Cotton Mills 160 105
Fourth National Bank 265 270
Futon National Bank 12“ 131
Ga. Ry. <S: Flee, stamped.. . 126 ’27
I Ga. Ry. & Power Co. common 28 30
, do. Ist pfd 81 85
I do. 2d pfd 46 47
Hillyer Trust Company 125 127
| Lowry National Bank 248 25s
Realty Trust Company 100 165
’Southern Ice common 68 70
The Security State Bank.... 115 tjo
Third National Bank 225 230
Trust Company of Georgia... 225 235
Travelers Bank & Trust C 0... 125 tog
BONDS
Atlanta Gas Light Ist ’s 102
Broad Rlv Gran. Corp Ist Hs 90 95
Georgia State 4%5, 1915, 55.. 100’.. 101%
Ga. Ity. &• Elec. Co. 5s 102% 104 *
Ga. Ry. X- Elec, ref 5s 100 " 101
Atlanta Consolidated 5s 102%
Atlanta City 3%5. 1913 91 * 92
Atlanta City 4s. 1920 98 39
Atlanta City l%s. 1921 102 103
x-Ex-rights.
MIMING STOCKS.
BUSTON. Aug. 7. Opening Massa
chusetts Gas preferred, 95%; Shannon
17%; Fr uit, 19:1: Smelters preferred. 49% :
Butte Superior, 45%.
NEW YORK COFFEE MARKET.
Coffee quotations:
' Opening. I /"losing.
Januaryl3.os@ 13.08 13 11@ 13 1.3
Februaryl3.ooft 13.10 13.1O"1 13 13
Marchl3 09ft 13.10 13.14ft13.15
Aprill3.Ol<@ 13.15 13.16 ft 13.17
May "13.11 ft 1.".. 13 i:i. 17ft 13.1.8
June .... 13. i Oft 13.1.5 13.10 ft 13.18
Ju1y13.06 .13.14ft13.16
Augqst 13.65 12.884/ 12.90
September 12.92 12.96 ft 12.97
Octoberl2 ".‘sft 13.00 13.02 ft 13.01
Novemberl3.oo 13.07 ft 13.08
December. . . . |1|.04 13.09@18.1(l
Closed steady Sales, 123,250 bags.
BUTTER. POULTRY AND EGGS.
NEW* YORK. Aug. 7. Dressed poultry
steady: turkeys 13ft23, chickens 18ft26,
fowls 12'o 20. ducks 18ft 18%. Live poul
try firm; chickens 18ft22. fowls 15. tur
keys It, roosters 1O‘ B . ducks 14, geese 11.
Butter barely steady, creamery specials
26 ’., 4/27. creamery extras 25%ft26%, state
dairy (tubal 21@26, process specials 24%,
asked.
Eggs firm, nearby white fancy 304/ 31
nearbj brown fancy 24ft 25, extra firsts
224i24*a, tiists 1.1'4)20.
Cheese firm: whole milk sneeials 15’
I , ' '
’ATLANTA MARKETS
I EGGS—Fresh country candled. 18@!9c.
Bl TTER Jersey and creamery, in 1-lb.
1 blocks, 20@23%c; fresh country dull, 10@
I 12%c pound.
j DRESSED POl'LTßY—Drawn, bead
and feet on. |>er pound: Hens, 17@1.8c;
I fries, 25@27'/ 2 c; roosters. Bft 10c; turkeys,
lowing to fatness. 18ft20c.
U'.l'' P* >I’I.TRY liens, 404/ 45c; roost
' ■ ■ ■ '■■■ tries, <1 25c; broih rs, 20@
:%e; puddle ducks. 25@30c; Pekin ducks.
104j4.>c: geese 50ft60e each; turkeys, ow
ing to fatness. 11,/ 15c.
FRUITS AND PRODUCE.
1-KI'I’P AXI > VEGETABLES Lemons,
fan-.-y._ $5.;.0'0 he per box; Florida oranges,
:3ft 3.50 per box; bananas. 3@3%c per
pound; cabbage. Ift l%c tier pound"; pea
nuts. per pound, fancy Virginia <:%ft 7e.
choice. s%ft6c: beans, round green, 75c@
$1 per crate; Florida celery. *24(2.50 per
1 crate; squash, yellow, per six-basket
t crates, sift 1.25; lettuce, fancy. $1,254/ 1.5(1.
. choice sl.2sft 1.50 per crate; beets. $1,504/
2 per barrel; cucumbers. 75c4/$l per crate;
- new Irish potatoes, per barrel, $2,504/ 3.
Egg $22/ 2.50 per crate; pepper,
r sl4/1.25 per crate; tomatoes, fancy, six
basket crates $1,504/ 1.75, choice toma
toes sl.7sft 2; pineapples, $2@2.25 per
’ crate: onions. $1.@1.25 per bushel; sweet
r potatoes, pumpkin yam. M ■: 1 per busb
l( el. w atermi-lor.s. $lO2/15 per hundred;
cantaloupes. |>< r crate, Sift 1.25.
PROVISION MARKET.
(Corrected by White Provision Company.)
.■' Cornfield hams, 10 to 12 pounds average.
' 16c.
hams, 12 to 14 pounds average,
‘ Cornfield skinned hams, 16 to 18 pounds
“ average. 17c.
Cornfield picnic hams, 6 to 8 pounds
’ average, 12c
' Cornfield breakfast bacon. 23c
Grocer style bacon (wide or narrow),
- 17%c.
Cornfield fresh pork sausage (link or
c bulk) 25-pound buckets, 12c.
Cornfield frankfurters. 10 pound buek-
* els, average 10c.
Cornfield bologna sausage. 25-pound
■ boxes, 9c.
Cornfield luncheon hams, 25-pound
boxes, 12c.
Cornfield -spiced jellied meats in 10-
v pour.il dinner pails, 10c.
e Cornfield smoked link sausage in pickle,
-. 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). ll%c.
* Country style pure lard, 50-pound tins
only, 11 %c.
, Compound lard (tierce basis) 9%c.
2 D. S. extra ribs, 11 %c.
D. S. rib bellies, medium average, 12c.
7 D. S. rib bellies, llgb.c average, 12%c.
FLOUR AND GRAIN.
”4 FIjOUR— Postell's Elegant, $7.50: Ome
ga. $7.50; Carter's Best $6.50; Gloria (self-
.s. rising) $6.25; Victory (finest patent), $6;
” Faultless, finest, $6.25; Swansdown tliigh-
; 2 est patent), $6.25; Home Queen (highest
8 patent) $5.65; Puritan (highest patent)
» $5.65; Sun Rise (half patent) $5; Tulip
’ Hour, $4.00; White Cloud 1 highest patent)
.? $5.50; Diadem (highest patent) $5.50;
» Farm Bell $5.40; Paragon (highest (lat
ent) $5.65; White Lily (highest patent)
1 ja-40; White Daisy $5.40; Southern Star
% $5; Sun Beam $5; Ocean Spray (patent)
CORN—No. 2 white $1.10; cracked $1.05;
yellow $1.03.
MEAL—Plain 144-pound sacks 96c; 96-
■h pound sacks 97c: 48-pound sacks 99c; 24-
% pound sacks $1.01; 12-pound sacks $1.03.
■s OATS New fancy white, 60c; Red rust
% proof,,clipped, 60c; red rust proof, 58c.
COTTON SEED MEAL Harper, S2B
% COTTON SEE!) HI'LLS Square sacks,
%■ $ll.OO per ton. <>at straw. 75c per bale.
% SEEDS (Sacked): German milieu $1.65;
% amber cane seed, $1.55; caue seed, orange,
% $1.50; Wheat (Tennessee), blue stein,
14 $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, 50c.
% HAY—Per hundredweight: Timothy,
•4 choice large hales. $1.70; Timothy, choice
third bales, $1.60; Timothy No. 1, small
% bales. $1.10; new alfalfa, choice, $1.65;
% Timothy No. 2. $1.70; Tlmothv No. 1 clo
ver. mixed, $1.40; clover hay, $1.50; altal
% 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.
■'l 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: Homclolne, $1.70; Germ meal
% Homco, $1.45; sugar beet pulp, 100-lb.
sacks. $1.50; 75-lb. sacks, $1.55.
("I IK "KEN FEED Beef scraps, 50-Ib.
% sacks. $3.50; 100-lb. sacks, $3.2,‘; Purina
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;
% Victory baby chick, $2.30; Victory scratch,
100-lb. sacks, $2.15; Superior scratch,
, $2.10; Chicken Success baby chick, $2.10;
% wheat. 2 bush< I bags, per bushel, $1.40:
4 Rooster chicken feed, 50-lb. sacks. $1.10;
s oystershell. 80c.
GROI'ND FEED Purina feed, 175-lb
sacks, $1.90; Purina molasses feed, $1.85;
4 Arab feed, $1.90; Allneeda feed, $1.85;
4 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; Milko dairy feed, $1.75;
- No. 2, .$1.75. alfalfa molasses meal, $1.75;
alfalfa meal, $1.50.
GROCERIES.
SUGAR--Per pound, standard granu
lated. 60c; New York refined, 5%; plan
tation, 5%c.
1 COFFEE Roasted (Arbuckle's), $23.50;
AAAA, $14.50 in bulk; in bags and barrels!
$21.00; groin, 19c.
RICE Head. 4%ft)5%c; fancy head, 5%
4/6%c. according to grade.
I,ARD Silver leaf. 12%c per pound;
Soco, 9%) per pound; Flake White. 9%c
per pound: Cottolene, $7.20 per case;
Snowdrift, $6.50 per case.
LIVE STOCK MARKET.
I'HU'AG'i, Aug. 7. Hogs—Receipts 21,-
000. Market slow. 5c lower. Mixed and
butchers, $7.55ft 8.55: good heavy, s7.Soft
8.10: rough heavy, $7,504( 7.80; light, $7.00
ft 8.55: pigs, $6.75ft‘7.H0; bulk. s7.7oft 8.30.
Cattle Receipts 21.000. Market steady
to 10c lower. Beevea, $6,354/ 10.1(1; cows
and heifers. $2,754/ 8.25; Stockers and feed
ers. $4.354/7.110: Texans. $6,304' 8.35; calves
$8,504/ 1.0.00.
Sheep Receipts 30.000. Market steady;
natlvo and Western. $3,254(4.50; lambs,
$4.75@ 7.85.
t Established 1861
The
LOWRY NATIONAL BANK
OF ATLANTA
Designated Depository
of the United States
■ I
County of Fulton. City of Atlanta.
I >
Capital . . . SLOOtI.OOO.OO
Surplus . . . $1,000,000.00
Accounts of Individuals,
M
Bank and Corporations
Solicited
lEIM CLOSE
IN GB«ET
Corn 3-8 cUpto 11 -8c Off on
Heavy Offerings—Weather
Unsettled -Cables Strong.
ST. LOUIS CASH QUOTATIONS.
Wheat—-No. 2 red 100%@101%
Corn 71%
Oats 30 @ 31
CHICAGO, Aug. 7.—Wheat opened a
shade higher today. Rain and unsettled
weather in the spring wheat country was
tlie 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 fulling off in the movement
of grain.
Provisions were lower all around. Trade
was dull and featureless.
Wheat closed irregularly, prices rang
ing from % to %<• up to %c off. There
, was a big cash trade with reported trans
actions of 360.000 bushels, most of which
was for export.
Corn finished with prices ranging from
%<’ higher to I%c off. Heavy rains over
most of the belt was the weakening in
fluence.
Oats were % to %<■ higher on shorts
buying.
Provisions were strong in tone all
around, but trade was light.
I
CHICAGO CASH QUOTATIONS.
CHICAGO. Aug. 7.—Wheat, No. 2 rod.
, 99%ft1.03; No. 3 red, 97%ft1.00; No. J
hard winter, 93@95%; No. 3 hard winter,
91' 2 (li 93%; No. 1 northern spring. I.olft
1.08: No. 2 northern spring, I.ooft 1.05;
I No. 3 spring, 93@1.02.
Corn No. 2, 74ft'74%; No. 2 white, 74',<,
4/75; No. 3, 73ft73%; No. 3 white, 74%4/>
i 75; No. 3 yellow. 73% ft 74%; No. 4, 70ft71;
No. 4 white, 73%@74; No. 4 yellow, 72%4u
Oats, No. 2. new, 30ft 30%: No. 2 white,
old. 404/ 42; new, 33ft33%: No. 3 white,
old. 344/36: new. 314r32; No. 4 white, new,
30; Standard, old, 37ft 38; new, 32@33.
CHICAGO GRAIN MARKET.
Prev.
' M Hl^AT 1 H ‘ K ' n " Tx,w Close. Close.
' Sept. 92% 92% 91% 92*4 92*4
. Dec. 92% 92% 91% 92% 92%
; May 96% ■ 96% 95% 95% 96%
Ct IRN—
„ Sept. 66 66% 65% 66% 66'4
: Dec. 65% 55% 54% 54% 55%
M o\ts 55! * 64 ' 8 5444 66 ' 4
" Sept. 30% 30% 30% 30% 30%
. Dec. 31% 32 31 % 32 31%
■ 343 ' 8 32 * 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 18.32% 18.42% 18.52%
LARD- -72 /3
’ 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
f Oct 10.47% 10.53% 10.47% 10.52% 10.62%
f Jan 9.72% 9.75 9.62% 9.70 9.75 *
a— —.—.
PRIMARY MOVEMENT.
H ~ WHEAT— I 1)12 I HU
Receiptsl 1,981,000 I 1,058,000
. | Shipmentsl 1,645,000 | 695.000
- _.C<iRN- | j
;■ I Receipts .I 715.000*]' 378*600”
Shipmentsl 541,000 I 361,000
CHICAGO CAR LOTS.
' Following are receipts for Wednesday
1. and estimated receipts R>r_Thursday:
'j IWedn’day. [Thursday.’
Wheat 281 1 158
Cornl 213 I 190
Oats; 309 270
* I 61.000 1 17,000
t ___Z2Z' "
LIVERPOOL GRAIN MARKET.
I Wheat opened unchanged to %d lower:
" at 1:30 p. rn. was unchanged to %d lower.
’ Closed %d higher to %d lower.
Corn opened unchanged: at 1:30 p. nt.
: was unchanged to %d higher. Closed
: unchanged to %d higher.
NEW YORK PRODUCE MARKET.
; NEW YORK. Aug 7.—Wheat, steadv;
» September 1.00%@100%; 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®58:
white clipped, 61@64 asked. Rye, dull;
No. 2, nominal f. o. b. New York. Bar
ley. quiet: malting, nominal, c. 1. f. Buf
falo. Hay. Irregular: good to prime. 5641/
; 1.35; poor to fair, 80 asked. Flour, easier:
, spring patents. 5.254/ 5.50; straights. 4.40
4/4.60; clears, 4.65 ft 4.90; winter patents,
, 5.154/5.40; straights, 4.454/4.75; clears, 42a
@4.50.
. Beef, quiet; family. 18.00@18.50. Pork,
' quiet; mess, 20.004120.50; family, 20.004/’
: 21.00. Lard, easier; city steam. 1014@
10%; middle West spot. 10.60 asked. Tal
low. firm; city, in hogsheads. 6% nomi
nal; country. In tierces, 5%@6%.
I NEW YORK GROCERIES.
. NEW YORK, Aug. 7.—Coffee steady;
I No. 7 Rio spot nominal. Rice firm: do
mestic ordinary to prime 3%@ 4%. Molas-
• ses steady: New Orleans open kettle 36
t 4/50. 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