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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