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FACT UNO GOSSIP
IN MDNEF MARTS
Greatest Annual Business Fact
in the United States is the
Size of Crops.
By B. C. FORBES.
NEW YORK, Aug. B.—The follow
ing article, which can at least be de
scribed as timely, is part of a longer
one on "Finance” in Hearst’s Maga
zine for August. Those of us who
frequent the highways of finance be
come so accustomed to speaking of
millions and even billions that we are
apt to lose all sense of proportion. I
have tried to convey some idea of
what the annual value of America s
crops really means, for merely to
mention billions creates only a vague,
bewildering feeling.
'What is the lodestar of American
finance and business? Not poHtlcs, im
portant though they are at such times as
these Not a fall or a rise in the cost of
living, fundamental as that is. Not heavy
exports or light exports, dear money or
cheap money, a gold inflow or a gold out
flow, an active iron market or an in
active iron market, advancing security
prices or falling security prices, scarcity
or abundance of labor—not one of these.
* * *
“The greatest annual business fact in
the United States is the size of our crops.
' I he farmer is more powerful than the
financier in making or marring prosperity.
I speak of this now because investors
must be guided in their operations more
what takes place on the field than on
the stump, more by the weather than the
mouthlngs of politicians. Said a financier
an International banker of the first
order, a director in our principal railroad
systems, a power in the industrial world:
“Prosperity or depression does not
depend upon how ballots are cast on
November 5. Capital is prepared for
such legislative changes as are likely
to be introduced. Give us bounteous
harvests, and 1913 will be the best
year the country has ever known—
except that the railroads, in order to
participate, must be treated more
considerately in the matter of freight
rates.”
¥ M «
"Booms in securities are not made on
the floor of the New York Stock Ex
change They are made on the country’s
fields and in its factories and forests. No
one can hope to become—and continue —
a successful investor until he grasps the
overshadowing importance of watching
agricultural conditions. I have prepared
some contrasts and comparisons between
the annual value of our farm products
and other big financial items with which
the public are more or less familiar.
Some interesting calculations, designed to
visualize the enormity of the sum, have
also been made.
• ♦ •
The total value of our farm products
this year, allowing for normal growth,
should approximate slo.ooo,ooo,ooo—ten
billion dollars, or ten thousand millions.
"Ten billion dollars would caver the
whole of Manhattan Island with $2 bills
and leave a balance greater than Mr.
Rockefeller's fortune. In acres, the area
covered by this carpet of money would
be 27.053. equal to a square block of land
measuring 58 miles each way.
■* *
"Ten billion dollars gold would take 30
trains, each of 20 cars loaded to the ex
tent of 00.000 pounds per car, to haul it
from one point to another.
"Ten billion dollars in $5 gold pieces
laid alongside one another would stretch
round the world, with 1,923 miles to spare,
or the chain could go more than eight
times across the continent, from New-
York to San Francisco?—to be exact, its
length would be 26,830 miles.
"Ten billion dollars in $5 gold pieces
stacked one above the other would form
a monument 9,864’4 miles high. Com
pared with this the Metropolitan tower,-
the Singer building, the Wool worth build
ing and every other skyscraper In New
York placed on top of one another would
be a mere pinhead.
"Ten billion dollars would pay off the
nation’s public debt and leave a balance
of almost $9,000,000,000.
"Ten billion dollars, if equally distrib
uted. would mean fully SIOO for every
man. woman and child in the United
States.
* * •
"Need more be said to emphasize bow
tremendously, how- overwhelmingly im
portant the crops are to our national well
being 0 Therefore, If you would keep well
informed of how business Is likely to fare,
of how stocks are likely to move, of how
financiers are likely to act, study the:
government and other trustworthy reports
on agricultural conditions from week to
week and month to month.”
Connect Slaying
With N. Y. Gang
SAN FRANCISCO. Aug. B.—An un
identified man. well dressed, was mur
dered here this morning. The killing
was not committed with robbery as an
object. More than SIOO in gold and a
gold \yatch were found in the man’s
pockets According to the police, the
murdered man came to the city from
New York only a week ago. Several of
the detectives are inclined to believe
that the murder has some bearing on
’he Rosenthal murder in New York
city. Two shots were fired by the as
sassin. who escaped. Both entered the
dead man’s head.
The dead man was about 40 years of
age and wore a fashionably cut brown
s tit.
House Votes Funds
For Patent Probe
W ASHINGTON. Aug. 8. The house
today unanimous!}? passed the urgent
deficiency appropriation bill carrying
a special amendment by- which the
patent office may be investigated by the
economy and efficiency commission.
The bill appropriates $6,182,000. which
is about $5,000,000 less than the amount
asked by the government departments
for deficiencies occurring during the
present year.
DEATH CIST IN MINE
DISASTER MAY REACH
INTO THE HUNDREDS
BERLIN, Aug. S.—Fire damp explo
sion which cost heavily in human life
occurred in a colliery near Gerthe to
day while 650 miners were at work in
the mine. Up to late this afternoon
! 131 miners had been accounted for. Os
this number 28 were dead and all the
others injured. Os the injured 15 were
mortally hurt. Fears were expressed
that the death list would go into the
hundreds. Gerthe is near Dusseldorf.
DARROWSGDRES
ON COURT RULE
Witness for Prosecution to
Impeach Job Harriman Is
Barred From Stand.
LOS ANGELES, Aug. B.—Judge Geo.
H. Hutton ruled this morning that the
testimony of Rev. Edward A. Cantrell,
the Socialist leader and lecturer, can
not be introduced by the prosecution in
the Darrow- trial in impeachment of
Job Harriman. Socialist, and former
member of the McNamara defense. He
held that it was impeachment on a
matter collateral to the issue of the
guilt or innocence of Clarence Darrow
and hence not admissible. Cantrell was
ready to testify that Harriman told
him that morning after The Times ex
plosion that he had known for some
time that preparations were being
made to blow up The Times building.
Earl Rogers, of Darrow’s counsel,
after a consultation with his client,
said that out of deference to Harriman,
Darrow would waive his rights and
withdraw the objection which had just
been sustained. Immediately the situ
ation was reversed, the prosecution in
sisting that jince the court had held
the testimony of the witness was im
material they would not proceed with
him. District Attorney Fredericks
withdrew the question on which the
defense based its objection and there
being nothing before the court. Rev.
Dr. Cantrell was permitted to leave the
stand.
U. S. to Inspect
Rockefeller Evidence
WASHINGTON, Aug. B.—The evi
dence unearthed by John D. Rockefel
ler Jr.'s "decoy” house against New
York police, politicians and white slav
ers is to be examined by the depart
ment of justice. Attorney General
M ickersham was given the facts in the
case today and, it is said, he will order
an immediate investigation to deter
mine if the law is being violated.
Speech Pleases
Marshall and Bryan
NEW YORK. Aug. B.—Governor Thomas
R. Marshall,.of Indiana, Democratic nomi
nee for the vice presidency, was a visitor
at National Democratic headquarters to
day, where he gave out the following
statement:
"I was greatly pleased with the recep
tion accorded Governor Wilson at Seagirt
yesterday, when he was formally notified
of his nomination, and 1 was pleased with
his thoughtful message on public affairs.
I know no reason why all those who de
sire the best things for the public should
not support Wilson. It seems to me he
stands for every good that can be accom
plished under our present system of gov
ernment.”
Governor Marshall will go to Maine dur
ing the last two weeks of this month and
make a number of campaign speeches
there.
The following telegram was received at
National Democratic headquarters from
William J. Bryan in Lincoln:
“Governor Wilson’s speech of accep
tance is admirable. It is original in its
treatment of the issues of the campaign.
I am sure the address impressed the
country favorably.”
AIR BATHS NEWEST
CURE FOR EVERY ILL
IN ENGLISH SOCIETY
LONDON, Aug. B.—The latest medical
craze is somewhat startling, but a cer
tain set which Is always on the look
out for variety has pounced upon it with
avidity. It is the air bath, not the sun
hath, and simply consists of exposing the
body to the air for an hour each day.
This is supposed to have a wonderful ef
fect on the ports and to render the air
breather Immune from chills.
The first to start the cure was Mrs.
Webley, a well known sportswoman and
daughter of Colonel MacDonald, who is
well known as the "champion diner-out ”
Mrs. Webley sits in her boudoir for one
hour each day writing letters in a state
of nature. Mrs. »Webley plays every
thing from polo to croquet.
She once convulsed the late king when
she came up to receive a prize an Ran
la.gh, in connection with a gymkhana.
Mrs. Webley appeared before the king:
very disheveled and heated, and in some
way her scanty riding habit had become
hitched up and stuck out straight be
hind her like an exaggerated rudder. The
king turned away at the spectacle and
took no pains to conceal his mirth.
Lady Constance Stewart Richardson is
another air bather, and the duchess of
Westminster is also credited with being
an unostentatious devotee to the new i
cvlt.
CAR OILER! FATALLY
MANGLED AT WORK
IN RAILROAD YARDS
E. L. Boyd. 26 years old. 84 South Bou
levard. a car oiler for the Georgia rail
road. died this afternoon at the Taber
nacle infirmary. He was run over and
his hip crushed early today while at his
work in the railroad yards.
Boyd’s wife and son are visiting rela
tives near Knoxville, Tenn., and as the
dead man was the only one who knew
their address, the coroner has not been
able to notify them of the accident.
THE ATLANTA GEORGIAN AND NEWS, THURSDAY, AUGUST 8, 1912.
HEM SELLING
LOWERS COTTON
Prospect of Rain in Southern
Texas Precipitates Heavy
Selling, Causing Decline.
NEW YORK, Aug. B.—in line with firm
er cables and continental buying in addi
tion to complaints of excessive moisture
in the eastern belt cotton opened firm and
active today from 8 to 11 points higher.
Mose of the early buying appeared to be
short covering and when the bulk of this
demand had been satisfied the market re
acted from 6 to 7 points from the early
high level.
In the late forenoon trading the mar
ket was under heavy selling pressure by
Europe, the South and the ring crowd,
and through this heavy liquidation the
market was sold off from early prices on
prospects for rains to prevail in south
Texas during the next twenty-four hours.
October dropped from 13.27 to 11.97, De
cember declined a like amount, with Jan
uary losing 24 points. The decline in
the most active positions ranged from 24
to 30 points below the opening. No one
seemed to want cotton and during the
afternoon session the bears firmly main
tained the low levels of the day.
At the close the market was steady
with prices showing a net decline of 15
to 19 points from tne final quotations of
M ednesday.
Warehouse stocks in New York today
98,942, certificated 90,414.
RANGE OF NEW YORK FUTURgS.
“ I I 5 ~ I ® • S
® s • ° 1 •« J.
| O |J | -l:O| ' U IO
■Aug. 11.90; 11.90 11784:11.84111.81-83111.97-98
kept. 12.12 12.12 11.81 11.83111.85-87112.04-06
Oct. :12.2< <12.28[11.96:11.99 11.99-12 12.16-18
i’ ov - '12.00-01 12.18-20
Dec. . 12.32[ 12.33; 12.00112.04112.04-05,18.23-24
Jan. 112.24 12.2711.97 11.99 t1.98-12'12.16-17
*!?’>■ ■' 12.05-08112.22-24
Meh. 12.36 12.36 12.08112.11! 12.10-11 < 12.26-27
May 12.43 12,45 12.13;12.23’12.18-20,12.33-34
Closed steady.
Liverpool cables were due 1% to 2 points
lower; opened quiet at 1% to 2% points
advance. At 12:15 p. m. the market was
quiet but steady, net unchanged to %
point higher on old and 1% to 2 points
higher on new crops. Spot cotton quiet
and unchanged; middling, 7.09: sales,
''™v sales: American, 6,000; imports,
3,000, all American. Later cables reported
an advance of 4% points from 12:15.
. At the close the market was easy with
irregularity in prices, near positions being
unchanged to 4 points lower and distant
positions were % off to % to 1 point
-Higher than the previous close.
RANGE IN LIVERPOOL FUTURES,
rutures opened steady.
Range. 2 P. M. Close. Prev.
Opening. p rev .
Aug. . . 6.89%-6.87 6.89% 6.83 6.87
Aug.-Sept 6.80%-6.79 6.82 6.76 6.78%
Sept.-Oct. 6.69 -6.67% 6.73 6.67 6.67 '
Oct.-Nov. 6.62 -6.63 6.67% 6.61 6.61
Nov.-Dec. 6.58 -6.55% 6.59% 6.56 6.55%
Pec -Jan. 6.57 -6.56 6.61 6.55 Va 6.55
Jan.-Feb. 6.58 -6.57% 6.62 6.56 6.55
beb.-Mch. 6.59 -6.57% 6.62% 6.56% 6.56
Meh.-Apr. 6.59 -6.58% 6.63 6.57% 6.57
Apr.-May 6.59%-6.58 6.64 6.58 6.57%
May-June 6.61 -6.60 6.65 6.58 6.53%
June-July 6.58% 6.58 “
Closed easy.
HAYWARD & CLARK’S
DAILY COTTON LETTER
NEM ORLEANS, Aug. 8. -A sudden
very important change'occurred in weath
er prospects overnight. While yesterday
it looked like clearing weather and rising
temperatures for the southern half of
Texas, a strong cool wave appeared on the
northwestern border of the state over
night, giving good prospects for rains
and cooler weather over Texas during the
next forty-eight hours. Oklahoma had
some big rains; good rains also fell in
Arkansas, Louisiana. Mississippi, Ala
bama, Tennessee and Georgia, which were,
needed, according to Tuesday’s weekly
government report Cloud v, showery
weathpr is indicated for the entire belt,
except clearing tomorrow in northwest
Texas and Oklahoma.
Official records show nine stations in
Texas witn an average of .30 and nine sta
tions in Oklahoma with an average of .90.
Splendid rains throughout Tennessee.
Temperature averages for Texas 82. and
for Oklahoma 86. Liverpool came in about
8 points better than due on futures, but
spots were unchanged. A cotton buver
just back from a trip to south Texas
says that in several localities there is a
decided scarcity of labor for picking. Gen
eral rains now would help the crop grow
greatly, but would retard picking ami low
er the grade. Notwithstanding Liverpool,
our market opened only 2 points higher,
remained in a dull waiting attitude for a
half hour, and then collapsed on the first
sign of support being suspended in New
York, October selling from 12.33 to 12.08
in the second hour.
?A r4GE __L N .._ NEW ORLEANS FUTURES.
I 11 s *
|o|= □ LU
Aur. J12!42j12.42[12. 13112.13113.13 112.33
Sept 1 i 12.11 12.37
Oct. 12.33 12.34 12.03 12.03 12.02-03 13 30-31
Nov. I [12.02-04112.30-32
Dec. 112.34 1 2.35H2.04 L2.06142.05-OSI2 32-33
Jan. 112.37,12.38112.09112.09 12.09-10 12.34-35
Feb. | <12.11-13 12.36-38
Meh. '12.45112.47112.18 12.22’72.21 -22112 44-45
April 12.22-24112.46-48
Ma y [12.35 12.35,12.28J2.28 12.30- 32 12.54-56
Closed barely steady.
SPOT COTTON MARKET
Atlanta, nominal; middling 12%
New Orleans, steady: middling 12%.
New York, quiet; middling 12.50.
Boston, quiet; middling 12.50.
Philadelphia, quiet; middling 12.75.
Liverpool, easier: middling 7.09 d.
Savannah, quiet; middling 12%.
Augusta, quiet; middling 13%.
Mobile, steady.
Galveston, steady: middling 13c
Norfolk, quiet; middling 13%
Wilmington, nominal.
Little Rock, quiet; middling 12%
Charleston, nominal.
Baltimore, nominal; middling 13c
Memphis, quiet; middling 13c.
St. Louis, quiet; middling 13c.
Houston, steady; middling 12 15-16.
PORT RECEIPTS.
The following table shows receipts at
the ports today, compared with the same
day last year:
2 I 1912! j 191 L
New Orleans. . . .1 88 i 87
Galveston ' 435 ' 2,177
Savannah ! 210 ' 458
Charleston 1 54 13
Norfolk | 84 140
Total | Bn~~| 2?875~
INTERIOR MOVEMENT.
~ : 1912. ' I 191L~
Houston ' 841 I 4,998
Augusta 111 : 8
Memphis 99 10
St. Louis 109 I 119
Cincinnati . . . .[ 63
Total. . . 2,223~1~ 5,135~
BAPTIST MINISTER DIES.
DALLAS. GA., Aug. B.—Rev. J. H.
■Williams, one of the oldest citizens of
Dallas, tiled here last night from heart
failure following a stroke of paralysis.
Fof many years he was worshipful mas- |
ter of the Dallas Masonic lodge and was
buried with Masonic honors by his
lodge at 3 o’clock this afternoon.
He was a minister of the Baptist
church since early manhood, having
served many churches in various parts
of the state.
AND GOSSIP
Os the Fleecy Staple
NEW YORK, Aug. B.—Carpenter. Bag-
Biot A Co.: A heavy selling wave pre
vailed over the market today on pros
pects for rains in south Texas during the
next twenty-four hours.
Gifford, Mitchell, E. K. Cone the best
buyers during the early trading.
Spot houses during the forepart of the
week dumped loads of cotton on the mar
ket. It is believed they are considerably
oversupplied.
Texas a few days ago longed for rains;
now rains are so excessive that the cry
is “Too much!”
The Journal of Commerce says commis
sion houses are buyers of the winter
■ months.
Following are 11 a. m. bids: August
12.04, October 12.13, December 12.18, Jan
uary 12.13
I NEW ORLEANS, Aug. B.—Hayward ,<•
1 Clark: Complete and very important
I change in weather prospects overnight.
While yesterday It looked like clearing and
bet for south Texas, the map today shows
every prospect for general rains coming
on central and south Texas; also cooler
Early weather news shows further
good rains in central and north Texas;
also in Oklahoma, Arkansas and Geor
gia, where government said rain was
needed.
The New Orleans Times-Democrat’s
summary says: “There are now two dis
tinct reactionary clans. Bears believe the
hedge selling on the eve of the market
ing season will wipe out another hun
dred points or so of ttye sweeping price
gains of the late winter, the spring and
the early summer, and support their opin
ions by the assertion that there being
no sale for much of the rly cotton in
Texas, the contract nu> .et supplies the
only outlet. On the other hand, bulls
contend that forward sellers are really do
ing a good business; that the demand for
export freight room is much better than
generally admitted and that the new busi
ness already done for fall delivery, plus
the outstanding old contracts which must
be rilled, aggregates about enough to take
care of all the cotton likely to become
available prior to January. Rain enough
has fallen in the northern half of Texas,
but there seems to be an important area
in the southern half that has not as yet
been sufficiently relieved, with less pros
pect of rain there than has been. Mean
while, Liverpool is inclined to think tem
porary rallies only are in prospect. The
South, however, has just about finished
marketing a 16,000,000-bale crop at prices
ranging 3c to 4c higher than the talent
believed possible, and it may prove that
the producing South is in a stronger po
sition than the consumer and the short
seller realize.”
Estimated receipts Friday:
1912. 1911.
New Orleans 100 to 150 756
the weather
CONDITIONS.
WASHINGTON, Aug. B.—The indica
tions are that the Western disturbances
will advance eastward, and be attended
by unsettled weather and general rain
over practically all districts east of the
Mississippi river during the next thirtv
six hours. Temperatures will not change
materially over the eastern half of the
country until Friday.
GENERAL FORECAST
Following is the forecast until 7 p. m.
Friday:
Georgia—Local thunderstorms tonight
or Friday.
Virginia—Showers tonight and Friday.
North Carolina and South Carolina-
Showers tonight and Friday.
Alabama and Mississippi—Local thun
dershowers tonight or Friday.
Florida—Showers tonight or Friday,
except probably fair in southern portion.
Louisiana —Unsettled and showers; light
southerly winds cn the coast.
Arkansas—Unsettled, with showers.
East Texas—Unsettled, with showers in
the north.
West Texas—Unsettled, with showers in
the north.
DAILY WEATHER REPORT.
ATLANTA, GA., Thursday. Aug 8.
Lowest temperature 67
Highest temperature 76
Mean temperature 72
Norma! temperature ..... 77
Rainfall in past 24 hours, inches 0.70
Deficiency since Ist of month, inches. 0.65
Excess since January Ist, inches 15.88
REPORTS FROM VARIOUS STATIONS.
I ITemperaturelß’fall
Stations-- | Weath. I 7 [ Max. I 24
I !a. m. (y'day. [hours.
Augusta .....[Cloudy 74 7...
Atlanta Raining 68 76 .70
Atlantic City. Cloudy 72
Boston Cloudy 68 72 ....
Buffalo Raining 66 82 .12
Charleston ... Pt. cldy. 78 80
Chicago [Clear 68 70 .04
Denver 'Cloudy 54 74 .04
Des Moines ...[Cloudy 64 [ 78 .02
Duluth Cloudy 54 : ....
Eastport Cloudy 50 62 .01
Galveston .... [Pt. cldy. 84 88 . . .
Helena [Clear 46 70 ....
Houston [Clear 78
Huron ‘Clear 54 80 ....
Jacksonville ..[Clear 78 90 .42
Kansas City..[Cloudy I 66 84 2.24
Knoxville ....'Cloudy 70 78 ....
Louisville ....'Raining: 68 72 .32
Macon Cloudy ‘ 72 82 .40
Memphis Cloudy 74 86 1.10
Meridian [Clear 74 ! 1.40
Mobile Pt. cldy. 80 ! 86 .01
Miami Cloudy 84 90 ...
Montgomery .'Cloudy ' 76 86 .10
Moorhead .... [Cloudy 1 58 80 ....
New Orleans. Pt. cldy. 82 92 .08
New Y’ork. ... Clear 68 I 76 ....
North Platte.. Clear 52 78 .14
Oklahoma .... Raining 66 82 2.14
Palestine ;Pt. cldy. 76 ! 92 ....
Pittsburg ....[Cloudy ' 70 ! 80 ....
P’tland. Oreg. [Cloudy I 60 92 .30
San Francisco [Clear 56 I 76 ....
St. Louis Pt. cldy.: 70 i 80 .24
St[ Paul Cloudy [ 64 [ 78 ! .18
S. Lake City.. ‘Hear 62 ' 80 ■
Savannah . • Cloudy I 72 | .. | .38
Washington . Cloudy 66 80
C. F. Von HERRMANN, Section Director.
NEW YORK PRODUCE MARKET.
NEW YORK. Aug. 8. - Wheat firm; Sep
tember 1.00%®!.01, spot No. 2 red nomi
nal in elevator and 1.08% f. o. b. Corn
firm: No. 2 in elevator nomfnai, export
No. 2 82% f. o. b., steamer nominal, No.
4 nominal. Oats weak; natural white new
37<?r38. Rye dull; No. 2 nominal f. o. b.
New York. Barley quiet; malting 70@80
c. I. f. Buffalo. Hay irregular; good to
prime 95<51.35, poor to fair 80(til.l5.
Flour active: spring patents $5.25® 5.50.
straights $4.75155. clears $4.65®4.90, win
ter patents $5.15®5.40, straights $4.55®
4.75, clears $4.25® 4.50.
Beef firm: family $18@!8.50. Pork,
steady; mess $20020.75, family $20®21.25.
laird easier; city steam 10%® 10%, middle
West spot 10.60 asked. Tallow steady;
city (in hogsheads) 6% nominal, country
(in tierces) 5%06%.
POULTRY. BUTTER AND EGGS.
NEW YORK. Aug. 8. Dressed poultry
active; turkeys, 14023: chickens. 14025;
fowls, 12® 20: ducks, 18018%. Live poul
try irregular; chickens. 180:20; fowls. 15
(aske.d); turkeys, 14 (asked); roosters,
10%; ducks, 14: geese, 1.1.
Butter weaker; creamery specials, 25® i
26: creamery extras. 26%® 27; state dairy, 1
tubs. 210 25; process specials, 24%.
Eggs active; nearby white fancy, 31®’ '
32; nearby brown fancy, 240 26; extra 1
firsts, 230 25; firsts. 20021.
Cheese firm: white milk specials, 15%®.
15%; whole milk fancy. 15015%; skims, I
specials, 12%®12%; skims, fine, 10%4i: [
11% full skims, 6%@8%.
NEW YORK GROCERIES.
NEW YORK. Aug B.—Coffee easy; No.
7 Rio spot, 14%. Rice firm; domestic, or
dinary to prime, 4%®5%. Molasses quiet;
New Orleans, open kettle. 36050. Sugar,
raw, easy; centrifugal. 4.05; muscovado,'
3.55: molasses sugar, 3.30: refined, quiet;
standard granulated, 5.15; cut loaf, 5.90- I
crushed. 5.80: mold A, 5.45; cubes. 5.i
powdered, 5.20; diamond A 5.10: confer-' I
tinners A. 4.95; No. 1. 4.95; No. 2 4 90- 1
No. 3, 4.85; No 4. 4.80.
HOMING
LOWERS STOCKS
Large Interests Readily Absorb
All Offerings—Bullish Senti
ment. Strong Undertone.
By CHARLES W. STORM.
NEW YORK. Aug. B.—Activity was the
1 feature of the stock market at the open
, ing today, and within fifteen minutes
: after tire opening advances of from 1
: point to a fraction above this limit has
, been reached by a number of issues.
i Lehigh Valley opened nt 172%. a gain
of % over last night’s close. Within a
short time this gain had been increased,
to 1%. Reading made a similar gain.
I nion Pacific, Southern Pacific, Great
Northern preferred. United States Steel,
Consolidated Gas. Westinghouse, North
ern Pacific and others were up from % to
%. American Tobacco was sold heavily
and broke 3% points on the movement.
Canadian' Pacific was % higher.
Americans In London were buoyant in
tone, being generally attributed there to
Governor Wilson's moderate speech in ac
cepting the presidential nomination yes
terday. This strength was reflected in the
opening here. Canadian Pacific was par
ticularly strong in London. The curb was
firm.
In the late forenoon price movements
were irregular. Fractional losses were
recorded in Great Northern preferred.
Steel, st. Paul. Union Pacific and General
Electric.
The market was irregular in the late
afternoon trading. Some issues receded
on profit-taking by room traders, giving
them the appearance of weakness.
Stock market closed steady; govern
ments unchanged; other bonds steady.
Stock quotations:
11 |Last|Clos.|Prev
STOCKS- IHighlLow.lSale.l Bld.lCl’se
Anial. Copper. 83% 82%j 82%' 82%| 8?%
Am. Ice Sec.. 25% 25’% 25% 25% 25
Am. Sug. Ref. 127 126% 126% 126% 126%
Arn. Smelting 84% 84 8f 83% 83%
Am. Locomo... 44% 43% I 43% [ 43% 43%
Am. Car Fdy.. 59% 59 59 [ 59' 59
Am. Cot. Oil .. 54% 54% 54%! 54 54
Am. Woolen .. 26 26
Anaconda .... 4178 41% 41%i 41% 41%
Atchison 108% 108% 108% [IOB% 108%
A. C. L 142% 142% 142% 1.42 141%
Amer. Can ... 41% 40% 40%: 40% 40%
do, pref. .. 120% 119% 119% 119 120
Am. Beet Sug. 71% 70% 70% 69% 70%
Am. T. and T. 145% 145%iW5% 146 145%
Am. Agricul i .... 58% 59
Beth. Steel ... 38% 37% 38 37 38%
B. R. T 93% 92% 93 92% 92%
B. and 0 108% 107%1107% 107%i107%
Can. Pacific . 276% 275% 276% 276 [276%
Corn Products 14% [ 14%
|C. and 0 81% 80% 80% 80%[ 81%
Consol. Gas .. 146% 14’1 146% 1.15% 146
Cen. Leather . 27% 27% 27% 27% 27%
Colo. F. and 1.1 30% 30% 30% 30% 30%
Colo. Southern I 40 40
| D. and H | 168% 168%
,Den. and R. G. 19% 19% 19% 19% 19%
Distil. Secur. J 32% 32% 32% 32% 32%
Erie i 36% 36% 36% 36 36%
do, pref. .. 154 53% 54 53% 54
I Gen. Electric 181%[181 %1131% 181% [lßl
Goldfield Cons.' 3%| 3% 3% 3% 3%
G. Western ...I ...J 17%: 17%
G. North., pfd.. 143%|142% 143 141% 142%
G. North. Ore.! 44%; 44 44% 43% 43%
Int. Harvester [124% 123% 123% 123 124
111. Central .. [132%:132% 132%!131%!131 %
Interboro j 20%[ 20% 20%| 20%| 20%
do. pref. . 61% 60% 60%! 60% 60%
lowa Central . .... [lO 10
K. C. Southern! 25%i 25% 25%: 25%! 25
K. and T |....[ I 27%l 27%
do, pref. ..! 61 |6l 61 ! 60%l 60
L. Valley . .|173%[171%|171% 171 <172%
L. and N.. . 161%1160% 1«1 !161 [160%
Mo. Pacific . J 37%i 37%' 37% 37%! 37%
N. Y. Central 11.7% 117% 117% 117 ‘ 117 ‘
Northwest. . .j141%j1<1%'141% 14.1 1141%
Nat. Lead . .[..., I .... | .. .. ■59 ! 59%
N. and W.. . 118% 118%:l 18%:117%il 18%
No. Pacific . 130‘s 128% 128% 128% 129%
O. and W.. . 32%[ 32%: 32j 4 32%. 31%
Penn 123% 123% :123% 1123 % 123%
Pacific Mail . 33 i 33 33 "i 32%| 33%
P. Gas Co. . . 118% tlB 118 i117%<117%
P. Steel Car ■...., 36 ! 36
Reading 171 169% 169% 169% 16:'’,
Rock Island . 26% 26%’ 25% 26 26
do. pfd.. . .1 51%| 51%[ 51%| 51 [ 51%
R. I. and Steeb 28%! 28 [ 28%! 27% 27%
do. pfd.. . .' ... .' . ...[ 88 !88
S. .' . ...[ ...J . ...| 56 I 56
So. Pacific . .|112%>112 <ll2 [lll% 112%
So. Rail wav . 29%! 29%' 29% 29% 29%
do. pfd.. 80% 78%| 79% 79%| 78%
St. Paul. . . . 109 108% 108%[108% 108%
Tenn. Copper . 42% 42%l 42%| 42% 42
Texas Pacific 22%l 22%| 22% 22 21
Third Avenue 36%: 37%
Union Pacific ,173% ! 171% 171 % 171% 172%
U. S. Rubber [52 [52 ! 52 : 51%! 51%
Utah Copper . 62%: «2'i 62%: 62 62%
U. 8. Steel . . 72%' 71% 71% 71% 71%
do. pfd.. . ,!112% 112%'112%’112%[112%
V. Chem.. . 48% 18% 48% 48% 48%
West. Union . I 82 [B2 i 82 ! 81% 81%
Wabash . . . 4%! 4%
do. pfd.. ..I 14%[ 14%[ 14% 114 114
W. Electric . 87 i 85 [ 87%' 87% 84%
Wis. Central .' 61 I 60
W. Maryland . I 58 I 58 58 58 [ 57%
MINING STOCKS.
BOSTON. Aug. 8. -Opening Fruit 194,
California and Arizona 76, Chino 34%,
Smelters preferred 49%, Nevada Consoli
dated 22, Shannon 17%. Giroux 5%.
METAL MARKET.
NEW (IRK. Aug B.—At the meial ex
change trading was quiet. Copper spot,
Aufgust and September 16.87%® 17.25; Oc
tober, 17.12%® 17.30. Lead, 4.4504.55;
spelter, 6.9007.00; tin, 45.15045.45.
LOCAL STOCKS AND BONOS.
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 “ 93
Atlanta Brewing & Ice C 0... 170
Atlanta National Bank.... . 325
Broad Riv. Gran. Corp 25 j(j
do. pfd 70 72
Central Bank Trust Corp. . . 14"
Exposition Cotton Mills ico jgj
Fourth National Bank 265 270
Futon National Bank 12? 134
Ga. Ry. A Flee, stamped.... 126 ’27
Ga. Ry. & Power Co. common 28 30
do. Ist pfd 81 85
do. 2d pfd 4(j 47
Hillyer Trust Company 125 127
Lowry National Bank 2(8 25u
Realty Trust Company 100 105
Southern Ice common cs 70
The Security State Bank.... 115 120 |
Third National Rank 225 230
Trust Company of Georgia. .. 225 235
Travelers Bank &■ Trust C 0... 125 126 '
BONDS.
Atlanta Gas Light Ist ’s 102 ... |
Broad Riv Gran. Corn. Ist 6s 90 .95
Georgia State 4%5, 1915, 55.. 100% 101 V.|
Ga. Ry. A Elec. Co. sis 102% 104
Ga. Rv. & Elec. ref. 5s 100 ;oi
Atian 1 Consolidated 5s 102%
Atlanta City 3%5. 1913 91 92 i
Atlanta Citv 4s. 1920 98 99
Atlanta City 4%.«, 1921 102 103
x-Ex-rights.
CHICAGO & MILWAUKEE TO
BE SOLD BY COURT ORDER
MILWAUKEE. WIS.. Aug. 8- The Wis-i
consin corporation properties of the Chi- I
cago and Milwaukee Electric railroad will I
be sold at public auction at Racine on a
date to be set by Charles B. Morrison, of
Chicago, to satisfy a *10,0000.000 mortgage
held hy the Western Trust and Savings
Company, according to a decree handed
down by Judge Geiger in United States
district court today.
Morrison has been appointed special
master to conduct the sale. The road has
been in the hands of the receiver since
January 28, 1908.
NATIONAL BANK EXAMINER.
MONTGOMERY. AI.A.. Aug 8 |. |>
Hosmer, state bank examiner, has been
appointed national bank examiner for
llabama. Mississippi, and the city of New
Orleans, succeeding J. R. Stevens, of
Huntsville, who resigned to take the post
of clearing house examiner at New Or
leans. Mr Hosmer’s appointment is ef
fective October 1. I
jATLANTA MARKETS |
EGGS—Fresh country candled. 19@20c.
BUTTER—Jersey and creamery, in 1-lb.
I blocks, 20@22Viac; fresh country dull, 10@
1 12 pound.
DRESSED POULTRY'—Drawn, head |
I and feet on. per pound: Hens, 17018 c; 1
fries. 25@27%c; roosters, 8@10c; turkeys,
owing to fatness. 18 0 20c.
LIVE POULTRY—Hens, 40@45c; roost
ers 25®35c; fries. 180 25c; broilers, 20©'
25c; puddle ducks, 25 0 30c; Pekin ducks,
40©45c; geese 50®60c each; turkeys, ow
ing to fatness, 14@15c.
FRUITS AND PRODUCE.
BRUIT AND VEGETABLES—Lemons,
fancy, $5.500 6c per box; Florida oranges,
$303.50 per box; bananas, 3@3%c per
pound; cabbage, 75®$1 per pound; pea
nuts. per pound, fancy Virginia 6%®7c,
choice. 5%®6c; beans, round green, 75c@
$1 per crate; Florida celery, $2 0 2.50 per
crate: squash, yellow, per six-basket
crates, $101.25; lettuce, fancy. $1.2501.50.
choice $1.2501.50 per crate; beets, $1.50©
2 per barrel; cucumbers, 75c©$l per crate;
new Irish potatoes, per barrel. $2.5003.
Egg plants, $202.50 per crate; pepper,
$lO 1.25 per crate: tomatoes, fancy, six
basket crates $1.50® 1.75, choice toma
toes $1.7502; pineapples, s2® 2.25 per
crate; onions, $1@1.25 per bushel; sweet
potatoes, pumpkin yam. $1®)1.25 per bush
el: watermelons. $lOOl5 per hundred;
cantaloupes, per crate, $101.25.
PROVISION MARKET.
(Corrected by White Provision Company.)
Cornfield hams, 10 to 12 pounds average,
16c.
Cornfield hams, 12 to 14 pounds average,
16c.
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),
1? %c.
Cornfield fresh pork sausage (link or
bulk) 25-pound buckets. 12c.
Cornfield frankfurters, 10-pound buck
ets, average 10c.
Cornfield bologna sausage, 25-pound
boxes. 9c.
Cornfield luncheon hams, 25-pound
boxes, 12c.
Cornfield spiced jellied meats in 10-
pound dinner pails, 10c.
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, ll%c.
Compound lard (tierce basis) 9%c.
D. S. extra ribs, 11 %c.
D. S. rib bellies, medium average, 12c.
D. S. rib bellies, light average, 12%c.
FLOUR AND GRAIN.
FLOUR —Postell’s Elegant, $7.00; 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)
$6.65; Sun Rise (half patent) $5; Tulip
flour, $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 Beam $5; Ocean Spray (patent)
CORN No. 2 white $1.10; cracked $1.05;
yellow $1.03.
MEAL—Plain 144-pound sacks 96c; 96-
pounri 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 HULLS—Square sacks,
$9.00 per ton. Oat straw, 75c per bale.
SEEDS—(Sacked): German millet, $1.65;
amber cane seed, $1.55; cane seed, 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, 50c.
HAY- Ter hundredweight; Timothy,
choice large bales. $1.70; Timothy, choice
third bales, $1.60; Timothy No. 1, small
bales, $1.40; new alfalfa, choice, $1.65;
Timothy No. 2, $1.70; Timothj’ 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-!b.
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.
CHICKEN FEED—Beef scraps, 50-lb.
sacks. $3.50; 100-lb. sacks. $3.25; 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-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; Miiko 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.
COr FEE-Roasted (Arbuckle’s), $23.50;
AAAA, $14.50 in bulk; in bags and barrels,
$21.00; green, 19c.
RlCE—Head, 4%®5%c; fancy head, 5%
®6%c. according to grade.
IjAßD—Silver leaf. 12%c per pound;
Soco, 9%c per pound; Flake White, 9%c
per pound; Cottolene, $7.20 per case;
Snowilrift, $6.50 per case.
CHEESE—Fancy full cream, 18%c.
SARDINES- Mustard, $3 per case; one
quajter oil, $3.
MISCELLANEOUS—Georgia cane syr
up. 38c; axle grease. $1.75: soda crackers,
7%c per pound; lemon crackers, 8c; oys
ter, 7c; tomatoes (2 pounds), $2 case;' (3
pounds), $2.75; navy beans. $3.25; Lima
beans, 7%c; shredded biscuit, $3.60; rolled
oats. $3.90 per ease; grits (bags), $2.40;
pink salmon, $4.75 per case; pepper, 18c
per pound; R. E. Lee salmon, s<.so; cocoa,
38c; roast beef. $3.80; syrup. 30c per gal
[ ion; Sterling ball potash, $3.30 per case;
I soap, $1.5004.00 per case; Rumford bak-
I ing powder. $2.50 per case.
SALT—One hundred pounds, 50c: salt
brick (plain), per case, $2.25; salt brick
(medicated), per case. $4.85; salt, red
rock, per cwt., $1.00; salt, white, per cwt.,
90c; Granocrystal, ease, 25-lb. sacks, 80c;
50-lb sacks. 29c; 25-lb. sacks, 18c
FISH.
FISH Bream ami perch, 6c per pound.
I snapper. 9c per pound; trout, 10c per
, pound; bluefish, 7c per pound; poinpano,
< 15c per pound: mackerel. 11c per pound'
[ mixed fish, 6c per pound; black bass, 10c
[per pound; mullet, SB.OO per barrel
HARDWARE.
PLOWSTOCKS—HaIman. 95c; Fergu
son, 81.05.
AXLES—S4.7SO 7.00 per dozen, base.
: .SHOT $2.25 per sack.
SHOES Horse, $4.5004.75 per keg
[ LEAD--Bar, 7%c per pound.
NAILS—-Wire, $2.65 base.
IIP >N I’er pound. 3c, l>ase: Swede, 3%c.
LIVE STOCK MARKET.
' 'HU'AGO, Aug. B.—Hogs--.Receipts 20.-
I 000. Market 10c lower. Mixed and butch
ers $7.3508,35, good heavy $7.70 0 8.20,1
I rough heavy $7.36® 7.65, light $7.70® 8 35
1 pigs $6.500 7.80, bulk $7.60®8.20.
[ Hattie—Receipts 4,500. Market steadv.
; Beeves $6.25© 10 25. cows and heifers $2.75
0 8.10. stockers and feeders $4.2507, Tex
ans $6.3508.25. calves $8.500 10.
Sheep- Receipts 15,000 Market steadv
N’atlve and Western $3.2504.70. lambs
$4.6507.75.
COTTON MARKET OPINIONS.
.Harris H Rothschild & Co.: With con
ditions east of the river also showing
improvement, some new incentive must
present itself to cause a further advance.
Thompson. Towle & Co.; Weather con
ditions are excellent, but this can change
anil the market is in a condition to reflect
quickly any favorable Influence.
1 Hayden. Stone & Co.: The tendency
looks to be toward a somewhat lower
level, though after a 1c decline reactions
must be expected ami short selling should I
be handled cautiously. I
SEPTEMBERCORN
FEMES GRAIN
Entire Cereal List Shows Ad
vances on Covering by the
Shorts and Small Receipts.
ST. LOUIS CASH QUOTATIONS.
"Wheat—No. 2 red 101%©104
Corn 76
Oats 31 @31%
CHICAGO, Aug. B.—Wheat was
higher this morning on smaller north
western receipts, and light but fairlv
general rains throughout, this country,
i’he strength at Liverpool was also a
help, as Russian offers were firmer.
September corn was %c higher early,
while the more deferred futures were %c
lower. The latter were under pressure.
Oats wre %@%c better on covering by
shorts.
Provisions were lower in sympathy with
the decline in hogs at the yards.
Wheat ruled firm in tone today and
closed with prices about %c higher. Un
settled weather In the Northwest inter
fered with harvesting operations and
heavy rains In the Southwest delaying
grain movement were the strengthening
factors. Final prices were %c below top.
Shorts covered freely on the bulge.
Corn closed firm in tone, with prices
ranging from % to 2c better. There was
a good demand from shorts, speculators
and shippers.
Oats were strong and prices % to 1c
higher. Wet weather over most of the
shipping territory was the factor. There
was general covering of the smaller
shorts.
Provisions were irregularly lower The
tone was especially weak for pork
CHICAGO GRAIN MARKET,
„ . Prev.
OP en High. Low. Close. Close.
W HEA T
Sept. 92% 93% 92% 93% 92%
Dec. 92% 93% 92% 93% 92%
M cornl 97 95% 96? i 96%
Sept. 66% 68% 66% 63% 66% <
Dec. 54% 55%, 54% 55 64%
May 54% 55% 54% 55 54%
OATS—
Sept. 31% 31% 31 31% 80%
Dec. 32% 32% 32% 82% 32
36 34 % 34 *
rURK—
Spt 17.75 17.82% 17.60 17.82% 17.87% |
Oct 17.82% 17.87% 17.62% 17.80 17.87%
Jan 18.30 18.45 18.20 18.27% 18.42%
1. ARD ——
Spt 10.45 10.52% 10.45 10.47 10.47%
Oct 10.55 10.60 10.55 10.55 10.55
Jan 10.32% 10.35 10.27% 10.32% 10.35
RIBS—
Spt 10.52% 10.60 10.50 10.57% 10.55
Oct 10.57% 10.57% 10.50 10.52% 10.52%
Jan 9.72% 9.72% 9.65 9.65 9.70
CHICAGO CASH QUOTATIONS.
CHICAGO, Aug. B.—Wheat, No. 2 red.
1.00%@1.03%; No. 3 red, 98%®1.01%; No
2 hard winter, 94%@96; No. 3 hard win
ter, 92%@94%; No. 1 northern spring.
1.01.01.08; No. 2 northern spring, 1.00(a)
1.06; No. 3 spring, 9301.02.
Corn No. 2, 74%©75; No. 2 white, 76%@)
77; No. 2 yellow, 76076%; No. 3, 73%@
74; No. 3 white, 75%@76; No. 3 yellow.
75075%; No. 4, 70@72; No. 4 white, 73%
@74%; No. 4 yellow, 73%@74%.
Oats, No. 2, old, 32%; new, 32%; No 2
white, new. 83%©>35; old, 36087; No 3
white, new, 32033; No. 4 white, new, 32;
Standard, old, 38@40; new, 32%@35.
CHICAGO CAR LOTS.
Following are receipts for Thursday and
estimated receipts for Friday;
Wheat 58 I 143
Corn 191 161
Oats 270 293
Hngs 20,000 | 15,000
PRIMARY MOVEMENT.
WHEAT— | IHI2 | up
Receipts I 1,518.900 | 1.028.000
Shipments | 446,000 I 398,009
CORN— | |
Receipts 1.174,000 | 595,000
Shipments .. ■ , 210,000 | 226,000
LIVERPOOL GRAIN MARKET.
Wheat opened unchanged; at 1:30 p. m.
was unchanged. Closed %d higher.
Corn opened %d to %d higher: at 1:31!
p. m. was %d to %d higher. Closed %d
to l%d higher.
NEW YORK COFFEE MARKET,
Coffee quotations:
I Opening. 1 Closing.
January 13.00013.03:12.92012.94
February 13.00 11 2.92«?>12.94
March 13.05 12.95012 97
April 13.03013.04 12.97@12.99
May 13.04013.08 12.99013.01
June 13.03013.10 12.98013.00
July 13.02 12.96012.97
August 12.73012.73
September .... 12.90® 12.96 12.81012.83
October 12.95013.05 12.86012.88
November 13.00013.07 12.88012 89
December 113.00 12.890121)3
Closed barely steady. Sales, 47,750 bags!
COTTON SEED OIL.
Cotton seed oil quotations;
I Openlng!j_Closing.”
Spot 6.4006.49
August 6.4706.49 6.4106.47
September . . . . 6.5006.36 6.4906.50
October 6.5506.56 6.5406.65
November .... 6.2606.30 6.2606.28
December ... 6.18©6.19 6.190620
January 6.1706.20 6.1806.20
February . . , ■ .[ 6.2006.25 [ 6.2206.24
Closed heavy; sales 15,600 barrels.
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 to good steers. 700 to 850, 4.750
5.75; good to choice beef cows. 800 to 900,
4.25@4.75; medium to good beef cows, 700
to 800, 3.7504.25; good to choice heifers,
750 to 850, 4.00@4.75; medium to good
heifers, 650 to 750, 3.7504.50.
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 SOO,
4.00®4.50[ mixed common cows, if fat, 300
to 800, 3.500 4.OO; mixed common bunches
to fair, 600 to 800, 2.7503.00; good butch
ei I.ulls, 3.0003.75.
Prime hogs. 100 to 200 average, 7.500 ’
7.75; good butcher hogs, 140 to 160, 7.250
7.40; good butcher pigs. 100 to 140, 6.750
7.25; light pigs, 80 to 100, 6.0006.75; heavy
rough hogs, 200 to 250. 6.50® 7c.
Above quotations apply to corn fed
hogs. Mash and peanut fattened hogs,
I©l%c and under.
Moderate supply of cattle with but few
good steers in yards this week. Receipts
consisting principally of mixed cows and
heifers of the light order, heavy stuff be
ing scarce and in best demand. Market is
considered strong on the better grades
with a tendency to lower values on me
dium 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 tc
standard.
Lambs have not been coming so free
ly. 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 ’ 4 to % lower an.l were considered
high, for the reason of their inferior qua!-
Hog receipts moderate, market steadv t<
% higher on ali grades
17