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FACT M GOSSIP
IN MONEY MARTS
Greatest Annual Business Fact
in the United States is the
Size of Crops.
By B. C. FORBES.
XI;\V 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
' -me 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 annua! value of America’s
crops really means, for merely to
mention billions creates only a vague,
bewildering feeling.
hat is the lodestar of American
finance and business’.’ Not politics. 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 monej 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.
St * A
“The greatest annua! 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
h\ what takes place on the field than on
the slump. more by the weather than the
mouthings 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.”
¥ * *
"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.
• » ♦
Ihe total value of our farm products
this year, allowing tor normal growth,
should approximate $10,000,000.000-—ten
billion dollars, or ten thousand millions
...
"Ten billion dollars would cover 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
b» 27,053. equal to a square block of land
measuring 58 miles each wav.
4 • *
"Ten billion dollars gold would take 30
trains, each of 20 cars loaded to the ex
tent of 60,000 pounds per car. to haul it
front one point to another.
len 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 9.8641. miles high. Com
pared with this the Metropolitan tower,
the Singer building, the Woolworth 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.
♦ *9 •
“Need more be said to emphasize how
tremendously, how overwhelmingly im
portant the crops are to our national well
being? 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 $10(1 in gold and a
gold watch 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
the 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.iit
House Votes Funds
For Patent Probe
WASHINGTON. Aug. 8. —Tile house
today unanimously passed the urgent
deficiency appropriation bill carrying
a special amendment by which the
patent office may be investigated by the :
economy and efficiency commission.
'l'he bill appropriates $6,182,000. which
about 55.000.n0h less than the amount
asked by the government departments
for deficiencies occurring during the
present year.
DEATH LIST IN MINE
DISASTER MAY REACH
INTO THE HUNDREDS
BERLIN. Aug. B.—Fire damp explo
sion w hlch 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.
DfiRHOWSGORES
ON GOURI RULE
Witness for Prosecution to
Impeach Job Harriman Is
Barred From Stand.
LOS ANGELES. Aug. 8. —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 tn 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 tv 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 »ince 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
Wickersham was given the facts in the
ease 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
K. 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 I 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 (Mir
ing the last two weeks of this month and
make a number of campaign speeches
there.
Tlie 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
bath, and simply consists of exposing die
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 Immure 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 frofn polo to croquet.
She once convulsed the late king when
she came up to receive a prize an itan
lagh, in connection with a gymkhana.
Mr. Webley appeared before the king
very disheveled an<! 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. j
Lady Constance Stewart Richardson is
another air bather, and the fluchess of
Westminster is also credited with being
an unostentatious devotee to the new
cult.
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 ihc
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.
HEffl SELLING
LOWERS COTTON
Prospect of Rain in Southern
Texas Precipitates Heavy
Selling, Causing Decline.
NEW YORK. Aug. S. 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 appealed to be
short covering and when the bulk of this
demand had been satisfied the market re
acted from 6 to 7 points from tlie 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 twentv-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 net decline of 15
to 19 points from the final quotations of
N\ ednesday.
Warehouse stocks in New York todav
98.942, certificated 90,414.
R ANG new yor k_ futußC 5.
• I t I » i Si
i ~ I * !“J I J 1 | L"
Aug. 11.90 '1.90 1.1.84 ILB4 TT78D83’tT97398
Sept. '12.12 12.12 11.81 11.83 11.85-87 12.04-06
Oct. 12.27 12.28 11.96 U .99 11.99-12.12.16-18
f ,,v 12.00-01 12.18-20
Dec. 12.32’12.33;12.00112.04'12.04-05112.23-24
■lan. ,12.24;12.27 11.97 11.9911 1.98-12'12.16-17
£77 •••••. 12.05-08.12.22-24
Meh. J 2.36 12.36 12.08 12.11'12.10-1 1 12.26-27
May 12.43:12.45 12.13 12.23 1 2.18-20 12.33-34
Closed steady. “
Liverpool cables were due 1 to 2 points
lower; opened quiet at 1 ,’/ 2 to 2% points
advance. At 12:15 p. m. the market was
quiet but steady, net unchanged to Vj
point higher on old and t to 2 points
higher on new crops. Spot cotton quiet
unchanged: middling, 7.09; sales,
sales; American, 6,000; imports,
•>,OOO. 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.
Futures opened steady.
Range. 2 P. M. Close. Prev.
Opening. Prev.
Aug. . . . 6.89%-6.87 6.89% 683 687
Aug.-Sept 6.80%-6.79 6.82 " 6.76 6.78%
Sept.-Oct. 6.69 -6.67% 6.73 6.67 667
Oct.-Nov. 6.62 -6.63 6.67% 6.61 661
Nov.-Dec. 6.58 -6.55% 6.59% 6.56 6.55%
Dec|-Jan. 6.57 -6.56 6.61 6.55% 6.55
Jan.-Feb. 6.58 -6.57% 6.62 6.56 6.55
1" eb.-Meh. 6.59 -6. 6.624** 6.56 V» 6.56
Meh.-Apr. 6.59 -6.58% 6.63 “ 6.57% 657
Apr.-May 6.59%-6.58 6.64 6.58 6.57%
May-June 6.61. -6.60 6.65 6.58 SSIU
June-July 6.58% 6.58
Closed easy.
HAYWARD & CLARK'S
DAILY COTTON LETTER
NEW ORLEANS. Aug. 8. A sudden
very important change occurred in weath
er prospects overnight. While yesterday
it looked like clearing wea'hor and rising
temperatures for the southern half of
'1 exas. 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 Cloudy, showery
weather 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 and low -
er the grade. Notwithstanding Liverpool,
our market opened only 2 points higher,
remained in a dull waiting attitude tor 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.
RAN GE IN MEW ORLEA NS FUTUR ES.
| ~ I - I u a.u
Aug~.12:4211212' 12?1 3 TFb f27f3 11233
Sept 12.11 12.37
Oct. 12.3312.34 12.03 12.03 12.02-03'13.30-31
Nov. 12.02-04'12.30-32
Dec. 12.34 1 2.35 12.04 12.06 12.05-06 12 32-33
• lan. 1.2.37 12.38 12.09 12.09 12.09-10 12 34-35
Feb 12.11-13 12.36-38
Meli. 12.45’12.47 1.2.18 12.22 1 2.21 -22'12.44-45
April 12.22-24 12.46-48
Ma - 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 !3c.
St. Louis, quiet; middling 13c.
Houston, steady: middling 12 15-1.6.
PORT RECEIPTS.
The following table shows receipts at
the. ports today, compared with the same
day last year:
~ I 1912$ ' ~I9H~ ~
New Orleans. . . .1 88 f 87
Galveston 435 2,177
Savannah 210 458
Charleston 64 13
Norfolk | 84 140
Total. .... ~ 871" 2?875~
INTERIOR MOVEMENT.
I 1912 ~ 19PL
Houston ' 841 47998
Augusta 11l x
Memphis ‘ 99 10
Si. Louis 109 119
Cincinnati . . . .
Total. ..... ,| 27323 _5. j 5
BAPTIST MINISTER DIES.
DALLAS. GA., Aug. B.—Rev. .1. H. 1
Williams, one of the oldest citizens of I
Dallas, died here last night from heart i
failure following a stroke of paralysis, i
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 n minister of the Baptist
church since early manhood, having
served pony churches in various parts
of the state.
Ijews and gossip
Os the Fleecy Staple
NEW YORK, Aug. 8. —Carpenter, Bag !
got & 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.
Lifford, Mitchell, E. K. Cone the best
buyers during the early trading.
Spot houses during the forepart of the
week slumped loads of cotton on the mar- '
ket. It is believed they are considerably
oversupplied. I
Texas a few days ago longed for rains; 1
now rains are so excessive that the cry I
is “Too much!”
The Journal of Commerce says commis- ,
sion houses are buyers of the winter
months.
Following are 11 a. m- bids: August |
1 12.04, October 12.13, December 12.18, Jan
uarv 12.1.
NEW ORLEANS, Aug, B.—Hayward X-
Clark: Complete and very important |
'Change in weather prospects overnight.
While yesterday it looked like clearing and |
hot for south Texas, the map today shows
every prospect for general rains coming |
on central and south Texas; also cooler
Early w’eather news shows further |
good rains in central and north Texas; ;
also in Oklahoma. Arkansas and Geor- ■
gia, w here government said rain was I
needed.
The New Orleans Times-Democrat’s
summary says: “There are now two dis- I
tinct reactionary clans. Bears believe the
hedge selling on the eve nf the market- 1
ing season will wipe out another bun
dled points or so of the sweeping price 1
gains of the late winter, the spring and i
the early- summer, and support 1 tieir opin- ;
ions by the assertion that there being
no sale for much of the early cotton in
Texas, the contract market supplies the
only outlet. On the ether hand, bulls
contend that forward sellers are really do
ing a good business; that the demand for
ex-port freight room is much better than
generally admitted and that the new bus’
ness already done for fall delivery, plus
the outstanding old contracts which must
be filled, aggregates about enough to take
care of all the cotton likely to become
available prior to January. Kain enough (
has fallen in the northern half of Texas, t
but there seems to be an Important area
in the southern half that has not as yet
I been sufficiently relieved, w ith less pros
j pect of rain there than has been. Mean
i while. Liverpool is inclined to think tem
i 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
WEATHER |
CONDITIONS.
WASHINGTON. Aug. 8.- The indica
tions are that tlie Western disturbances
will advance eastward, and be attended
by unsettled weather and general rain
over practically all districts east of the
Mississippi rivsr during the next thirty
six hours. Temperatures will not change |
materially over tlie 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 in the coast.
Arkansas—Unsettled, with showers.
East Texas—Unsettled, with showers in
tlie north.
West Texas—Unsettled, with showers in
tlie north.
DAILY WEATHEB REPORT.
ATLANTA, GA., Thursday. Aug 8.
Lowest temperature 67
Highest temperature 76
Mean temperature 72
Normal 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 1
REPORTS FROM VARIOUS STATIONS.
I |Temperature[R.'fall
Stations-- Weath. 7 Max. 24
I la. m. |y'day.|hours.
Augusta ’Cloudy I 74 I
Atlanta Raining 68 76 .70
Atlantic City.'Cloudy 72
Boston (Cloudy I 68 ' 72 ....
Buffalo (Raining! 66 82 .12
Charleston ... T’t. cldy. 78 80 .. .
Chicago Clear 68 70 04
Denver Cloudy 54 ' 74 .04
DesMofnes ...(Cloudy ( 64 I 78 .02
Duluth 'Cloudy ! 54 i ....
Eastport Cloudy 50 62 .01
Galveston .... |Pt. cldy. 84 88 ....
Helena (Clear ' 46 j 70 ....
Houston (Clear I 78 I ....
Huron Clear 54 ' 80 ...
Jacksonville ..(Clear I 78 ( 90 .42
Kansas City.. (Cloudy 66 ! 84 2.24
Knoxville .... (Cloudy I 70 I 78 ....
Louisville ....(Raining! 68 72 .32
Macon Cloudy 72 82 .40
Memphis Cloudy 74 1 86 1.10
Meridian (Clear 74 1 1.40
Mobile Pl. cldy. 80 86 .01
Miami <”|oudy 1 84 90 ....
Montgomery . Cloudy ■ 76 86 .10
Moorhead .... Cloudy • 58 I 80 ...
New Orleans.. Pl. cldy. 82 92 .08
New York.... Clear 68 76 ....
North Platte.. Clear ’ 52 I 78 .14
Oklahoma .... Raining 66 82 2.14
Palestine Pt. cldy. 76 1 92 ....
Pittsburg ... Cloudy 70 80 • f
P’tland, Oreg Cloudy 60 I 92 .30
San Francisco'Clear 56 ( 76 ...
St Louis Pt. cldy. 70 SO .24
St: Paul Cloudy '64 78 I .18
S. Lake City.. *'lear 6" 80
Savannah .... Cloudy J 72 | .. | .3(
Washington . Clou<i> 66 80
C. F. Von HERRMANN. Section Director
NEW YORK PRODUCE MARKET.
NEW YORK. Aug. 8. —Wheat firm: Sep
tember 1.0074411.01. spot No. 2 red nomi
nal in elevator and 1.08% f. o. b. Corn
firm; No. 2 rn elevator nominal, export
No. 2 82 s , f. o. b.. steamer nominal. No. ;
4 nominal. Oats weak; natural white new I
37(1138. Rye dull: No. 2 nominal f. o h. (
New York. Barley quiet; malting 70@80 '
c. I. f. Buffalo. Hay irregular; good to
prime 95® 1.35. poor to fair 80® 1.15.
Flour active; spring patents $u.25®5.50,
straights $4.75® 5. 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 $lS®lB.5O Pork
steady: mess $20'520.75. family $20®21.25.
Lard easier; city steam 10%®10 s B, middle
West spot 10.60 asked. Tallow steady;
city (in hogsheadsl 6% nominal, country
(in tierces) 5%®6%.
POULTRY, BUTTER AND EGGS.
NEW YORK, Aug. B.—Dressed poultry
active; turkeys, 14® 23: chickens. 14® 25;
fowls. 127i20: ducks, 18®18% Live poul
try irregular; chickens. 18®20; fowls, 15
(risked); turkeys. 14 (asked); roosters,
10%; ducks, 14; geese. 11.
Butter weaker; creamery specials, 25® ,
26; creamery extras. 26%®27; state dairy, I
tubs, 21®25; process specials, 24%.
Eggs active: nearby white fancy, 31®>
32. nearby brown fancy. 24® 26; extra!
firsts, 23® 25: firsts. 20®21.
Cheese firm: white milk specials, 15%®'|
15%; whole milk fancy. 15® 15%. skims.!
specials, 12%®12%; skims, fine, 10'.. a ;
’,'.%; full skims. 6%®8%.
NEW YORK GROCERIES.
NEW YORK. Aug B.—Coffee easy. No.
7 Rio spot, 14%. Rice firm: domestii . or
dlnary to prime, 4%®7>%. Molasses quiet;
New Orleans, open kettle. 36®50. Sugar,
raw. easy; centrifugal. 4.05: museovad'c
3.56; molasses sugar, 3.30; refined, quiet; I
standard granulated, 5.15: cut loaf. 7. 90; |
crushed. 5.80 mold A. 5.45; cubes. 5.35; i
powdered, 5.20; diamond A. 5.10; con fee-I
tinners A 4 95; No. 1. 4.95. No. 2, 4 90; i
No. 3. 4 85; No 4, 4 80. I
HEMMING
I LOWERS STOCKS
Large Interests Readily Absorb
All Offerings—Bullish Senti
ment. Strong Undertone.
I
By CHARLES W. STORM.
NEW 7 ORK, Aug. 8. Activity was the
. feature of the stock market at the open •
’ ing today, and within fifteen minutes
: after the opening advances of from 1
I point to a fraction above this limit has
been reached by a number of Issues.
! Lehigh Valley opened ar 172%. a gain
of % over last n'ght's close. Within a
I short time tills gain had been increased
Ito 1% Reading made a similar gain.
I nton 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
land broke 3% points on the movement.
, Canadian Pacific was % itigher.
Americans in London were buoyant in
tone, being generally attributed there to
j Governor Wilson's moderate speech in ac
i eepting 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 wore
recorded in Great Northern preferred.
Steel, St. Patil, 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.
I Stock market closed steady; govern
ments unchanged; other bonds steady.
Stock quotations:
! I | Clos.lPrev
STOCKS- IHiglt: Low.'Sale.l Bid.id's#
Antal. Copper. 83% 82% 82%| 82%| 82%
Am. Ice Sec.. 25% 25'- 25'<- 25% '’s
Am. Sug. Ref. 127 126% 126% 1::6% 126%
Am. Smelting 84% 84 84 83% 83%
Am, 1.0c0mu... 11% 43% 43%' 43-, 43%
Am. Car Fdv.. 59% 59 59 59 59
Am. Cot. Oil ..' 51% 54%. 54% 54 54
Am. Woolen 26 26
Anaconda .... 41% 41'-> 4'1%! 41% 41%
Atchison 108% 108% 108% 108%,108%
A- C. L 142% 142% H2'..'lt2 141%
Amer, (an ... 41% 40% 10% 10'.. 40%
do, pref. .. (120% (119% (11.9%|119 'l2O
Am. Beet Sug.. 71% 70% 70% 69% 7(1%
Am. T. and T. 145% 145% 145% U« 145%
Am. Agrlcul...' , 58 s , 59
Beth. Steel ... 38% 37%! 38 :17 38%
B. R. T 93%' 92% 93 I 92% 92%
B. and O 'IOB% 107% 107%, 107% 107%
Can. Pacific . (276% ,275% ,2761,'276 276%
Corn Products : .... 14% 14%
C. and 0 81% 80% 80% 80%: 81%
Consol. Gas ..1146% 146 !146%1140% 146
Cen. Leather 27% 27%; 27% 2'7% 27%
Colo. F. and 1. 30% 30 s , 30% 30% 30%
Colo. Southern I . . 40 140
iD. and H ,168% 168%
Den, and R. G 1.9% 19%: 191 J 19%[
Distil. Secur. .' 32%| 32%' 32%l 32% 32%
Erie 36%' 3RM( . 3t; 36 ,
do, pref. . . 54 53% 54 ' 53% 54
.Gen. Electric ,181 %, 181 % 181 % 181', 181
Goldfield Cons. 3% 3", 3% ;i% 3%
G. Western ... 17%: i.7%
G. North., pfd. 143% 142% 143 ill', I I f’%
G. North. Ore 44% 44 44 % 43%' 43%
Int. Harvester 124'- 123% 123% 12’3 124
111. Central . . 132'% 132% LT I - 131 % 131 %
Interboro 20% 20% 20% 20% 20%
do. pref. . 61% 60% 60%' 60% 60%
lowa Central ~ ... .! 10 : 10
K. C. Southern 25% 25% 25'% 26% 26
K. and T 27% 27%
do. pref. ~61 ,61 '6l : 60% 60
L. Valley . . 173% 171% 171% 171 ‘172%
L. and N.. . . 161%,160 1 2 161 161 160'-
Mo. Pacific . . 37% 37% 37% 37% 37%
N. Y. Central 117% '117% 117% 117 (117
Northwest.. . 141% 141% 1 41%. 141 141%
Nat. Lead 59 59L,
N. and AV . . 118’4'118'., 118% 117% 118%
No. Pacific .130% 128% 128% 128% 129%
O. and W . . . 32%i 32% 32% 32% .11%
Penn 123', 2 123% 12’3',- 123% 123%
Pacific Mail . 33 33 33 ' 32',’ 33%
P. Gas Co. . . 118% 118 118 117' 4 117%
P. Steel Car 36 36
Reading .... 171 169%‘169%,169%(169%
Rock Island . 2’6% 26% 26% 26 26
do. pfd.. . . 61%! 51 %( 51%! 51 51’4
R. I. and Steel 28% 28 28% 27%, 27%
do. pfd 88 ! 88
S. -Sheffield '56 56
So. Pacific . .112'% 11.2 112 111% 112%
I So. Railway . 29% 29% 29", 29 s , 29%
do. pfd.. . . 80% 78'- 79% 79% 78%
St. Paul. . . 109 108% 108% 108% 108%
Tenn. Copper . 42% 42% 42% 42% 42
Texas Pacific 2'2% 22% 22% 22 '2l
Third Avenue / 36%' 37%
Union Pacific 173% 171", 171", 171%172",
I'. S. Rubber '52 52 52 51%: 51%
Utah Copper . 62% 62% 62% 62 62%
u. S. Steel . . 72% 71% 71", 71 s , 71%
do. pfd.. . . 112% 112%,112% 112% 112%
V. Client.. . 48% 48 s , 48% 48'., 48%
West. Union .' 82’ 82 82 81 % 81%
I Wabash . . . .' 4%: 4%
do. nfd.. . 1.4% 14 %: 14%.: 14 14
W. Electric .1 87 85 87% 87% 84.%
Wis. Central .'....' '6l 'go
W. Maryland . 58 ' 58 58 58 57%
MINING STOCKS.
BOSTON. Aug 8 -Opening Fruit 194.
California and Arizona 76. Chino 34%,
Smelters preferred 19%. Nevada Consoli
dated 22. Shannon 17%. Giroux 5%
METAL MARKET.
NEW <>RK. Aug. 8 —At the metal ex
change trailing was quiet. I'opper spot,
Aufgust and September 16.87%® 17.25: (»<-
tober, 17.12%® 17.30. Lead.' 4.45® 4.55;
spelter, 6.90® 7.00; tin. 45.15® 45.45.
LOCAL STOCKS AND BONDS.
Bid. Asked
Atlanta West Point R. R. rj 145
American Nat. Bank 220 225
Atlantic Coal & Ice common 100'..'. 101
..Atlantic Coal & Ice pfd 90 " 9"
(Atlanta Brewing S- Ice C 0... 170
Atlanta National Bank 325
Broad Rlv Gran. Corp 25 ’39
do. pfd 70 72
Central Bank & Trust Corp. ... 147
Exposition Cotton Mills- IGO 105
Fourth National 8ank...... 265 279
Futon National Bank '... 12? 13;
Ga. Ry. & Elec, stamped.... 126 127
Ga. Ry. * Power Co. common 28 ’3O
do. Ist pfd 81 35
! do. 2d pfd 46 47
( Hillyer Trust Company 125 j 3 7
'Lowry National Bank 248 250
I Realty Trust Company too 105
Southern Ice common 68 70
The Security State Bank.... 115 120
Third National Bank 225 230
Trust Company of Georgia. .. 225 235
Travelers Bank <4- Trust C 0... 125 126
BONDS.
Atlanta Gas Light Ist 's .... 102
Broad Rlv. Gran Corp Ist 6s 90 95
Georgia State 4%5. 1915, 55.. 100% 101'..
Ga. Ry. & El ■ Co 5s 102'- 104
Ga. Ry. & Elec. ref. 5s 100 lot
Atlanta Consolidated 5s 102%
Atlanta City 3%5. 1913 91 ' 92
Atlanta Citv 4s-. 1920 98 99
Atlanta City 4%5, 1921 102 103
x-Ex-rights.
CHICAGO & MILWAUKEE TO
BE SOLD BY COURT ORDER
, MILWAUKEE. WIS.. Aug. 8 The Wis
consin corporation properties of the Chi-
1 .-ago and Milwaukee Electric railroad will
be sold at public auction at Racine on a
• e set by < , riea B Morrison, of
Chicago, to satisfy a $10.0000,000 mortgage
I held by the Western Trust and Savings
I Company, according to a decree handed
I dow n by Judge Geiger in United States
I district court today.
, Morrison has been appointed special
' master to conduct the sale. The road has
bee" in the hands of the receiver since
January 28. 1908.
NATIONAL BANK EXAMINER.
MONTGOMERY, ALA . Aug. 8. L. P.
Hosmer, state bank examiner, has been
! appointed national bank examiner for
Alabama. Mississippi, and the city of New
I 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.
ATLANTA MARKETS
EGGS Fresh country candled. 19®20c.
BUTTER Jersey and creamery. In 1-lb.
blocks. 20®22%e; fresh country dull, 10©
12%c pound.
DRESSED POULTRY-Drawn, head
and feet on. per pound: liens. 17®18c;
fries. 25©27%c; roosters, 8®10c; turkeys,
owing to fatness. 18®20c.
LIVE POULTRY—Hens. 40©45c; roost
ers 25®35c; fries. 18®25c; broilers. 20®
25c: puddle ducks. 25®;i0c; i'ekin ducks,
40©45c: geese 50©60c each; turkeys, ow
ing to fatness. 14.® 15c.
FRUITS AND PRODUCE.
FRUIT AND VEGETABLES Lemons,
fancy. $5.50© 6c per box; Florida oranges,
$3®3.50 per box; bananas. 3@3%c pet
pound; cabbage, 75©$1 per pound; pea
nuts, per pound, fancy Virginia 6%©7c,
choice. 5%©6e; beans, round green. 75c®
$1 per crate; Florida celery. s2® 2,50 per
crate; squash, yellow, per six-ba«ket
crates. ?1®1.25; lettuce, fancy. $1.25® 1.50.
choice $1.25® 1.50 per crate; bee's, slso©
2 per barrel; cucumbers. 75c© $1 per crate;
new irish potatoes, per barrel. $2.50©)3.
Egg plants, $2®2.50 per crate; pepper,
sl® 1.25 per crate; tomatoes, fancy, six
basket crates $1.50® 1.75, choice toma
toes $1.75® 2; pineapples, s2® 2.25 per
crate; onions. sl© 1.2a per bushel; sweet
potatoes, pumpkin yam. st@l.2s per bush
el; watermelons, slo@ls per hundred;
cantaloupes, per crate, $1®1.25.
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),
17%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 bams, 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. 11%c.
Compound lard (tierce basis) 9%c.
D. S. extra ribs, 11 %c.
D. S. rib bellies, medium average. 12c.
D. 8. tib bellies, lighi average. 12%c.
FLOUR AND GRAIN.
FLOUR—Postell’s Elegant, $7.00. Ome
ga. $7.50; Carter's Best $6.50; Gloria (self
rfsingi, $6.25; Victory (finest patent). $6;
Faultless, finest. $6.25; Swansdown (high
est patent), $6.25: Home Queen (highest
patent) $5.65; Puritan (highest patent)
$5.65; Sun Rise (half patent) $5; Tulip
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)
$5.
CORN—No. 2 white $1.10; cracked $1.05;
yellow $1.03.
MEAL—Plain 144-pound sacks 96c: 96-
pound sacks 97c: 48-pound sacks 99c: 24-
pound sacks $1.(11; 12-pound sacks $1.03.
OATS —New fancy white. 60c; Red rust
proof, clipped. 60c; red rust proof, 58c.
COTTON SEED MEAI. Harper, S2B.
COTTON SEED HULLS -Square sacks,
$9.00 per ton. Oat straw. 75c per bale.
SEEDS -(Sacked): German millet, $1.65;
anther cane seed, $1.55; cane seed, orange.
$1.50: Wheat (Tennessee), blue stem.
$1.40; red_ top cane seed. $1.35; rye iGeor
gia), $1.35; Appier oats, 85c; red rust pr.
oats. 72c; Bert oats, 75c; Texas rust pt... .
oats, 70c; winter grazing. 70c; Oklahoma
rust proof. 50c: blue seed oats, 50c.
HAY—Per 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; Timothy No. 1 clo
ver, mixed. $1.40; clover hay. $1.50: alfal
fa hay. choice peagreen. $1.30; alfalfa No.
1. $1.20; alfalfa No 2. $1.25; peavine bay,
$1.20; shucks. 70c; wheat straw, 80c; Ber
muda hay, SI.OO.
FEEDSTUFF.
SHORTS- Fancy 75-lb. sacks, $1.90; P.
W... 75-lb. sacks, SI.BO, Brown. 100-li,
sacks, $1.75; Georgia feed, 75-lb. sacks,
$1.75: bran, 75-lb. sacks. $1.45; 100-lb.
sacks. $1.45: Homcloine, $1.70; Germ meal
llornco, $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 ehick, $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 chiclt. $2.30; Victory scratch,
100-lb. sacks. $2.15; Superior scratch,
$2.10; Chicken Success baby chick, $2.10;
wheat, 2-bttshel bags, per bushel, $1.40;
Rooster chicken feed, 50-lb. sacks, $1.10;
oystershell. 80c.
GROUND FEED Purina feed. 175-Ib
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. seeks, $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.
COFFEE Roasted I Arbuckle's), $23,50;
A AAA, $14.50 In bulk; in bags ami barrels,
$21.00: green, 19c.
RICE Head, 4%®5%c: fancy head, 5%
®6%c. according to grade.
LARD—Silver leaf. 12%c per pound;
Soco, 9%c per pound; Flake White, !)%<■
'■er pound; Cottolene. $7 20 per case;
Snowdrift. $6.50 per case.
. HEESE Fancy full cream, 18%e.
SARDINES Mustard. $3 per case; one
quarter oil. $3.
MI SC ELL A N EgU*S - 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 case; grits (bags), $2.40:
pink salmon, $4.75 per ease; pepper. 18c
per pound; R. E. Lee salmon, *7.50; cocoa,
38c: roast beef. $3.80; syrup. 30c per gal
lon; Sterling ball potash. $3.30 per case;
soap. $1,504(4.00 per case. Rumford bak
ing powder. $2.50 per case.
SALT -One hundred pounds, 50c: salt
brick 1 plain 1. per ease. $2 25. salt brick
(medicated), per case, $4.85; salt, red
rock, ner cwt,. $1.00; salt, white, per cwt
on.'. Granocrystal, case, 26-lb. sacks, 80c;
50 lb. sacks, 29c; 25-lb. sacks, 18c
FISH.
FlSH—Bream and perch, 6c per pound
snapper. 9e per pound; trout. 10c per
pound: bluefish, 7c per pound; pompano,
15c per pound: mackerel, 11c per pound'
mixed fish, 6c per pound; black bass, 10c
per pound; mullet. SB.OO per barrel
HARDWARE.
PLOWSTOCKS- Halman, 95c, Fergu
son, $1.05.
AXLES $4.75®7.00 per dozen, base.
SHOT $2.25 per sack.
SHOES Horse. $4.50® 4.75 per keg
LEAD- Bar. 7%c per pound.
NAILS -Wire, $2.65 base.
IRON—Per pound, 3c, base. Swede. 3%c.
LIVE STOCK MARKET.
1 Hit'AGO. Aug. 8.- Hogs Receipts 20,-
000. Market 10c lower. Mixed and butch
ers $7.35®8.35. good heavy <7.70® S 20,
rough heavy $7.35® 7.65. light $7.70® 8.35.
pigs $6.50© 7.80. bulk $7.60© 8.20.
Cattle—Receipts 4,500. Market steady.
Beeves $6.25® 10.25, cows and heifers *2.75
©B.IO, Stockers and feeders $4.25© 7, Tex
ans *6.35@8.25. calves $8.50®10.
Sheep -Receipts 15,000. Market steadv.
Native and Western $3.25© 4.70, lambs
$4.65® 7.75.
COTTON MARKET OPINIONS.
Marris 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
ami the market is In a condition to reflect
quickly any favorable influence.
Hayden. Stone & Co.: The tendency
looks to l>e toward a somewhat lower
level, though after a 1c decline reactions
must be expected and short selling should
be handled cautiously.
SEPTEMBER CORN
FEMES CRAIN
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
CHICAGO, Aug. 8. Wheat was %®%c
higher this morning on smaller north
western receipts, and light but fairly
general rains throughout this country.
Ihe strength at Liverpool was also a
help, as Russian offers were firmer.
September corn was %c higher early,
vtliile the more deferred futures were %c
lower. The latter were under pressure.
Oats wre. %© %c better on covering by
shorts.
Provisions were lower In sympatliv with
the decline in hogs at the yards.
A heat ruled firm in tone today anti
closed with prices about %c higher Un
settled weather in the Northwest inter
iered with harvesting operations and
heavy fains in the Southwest tielaying
grain movement were the strengthening
factors. Final prices were c below top.
Shorts covered freely on the bulge.
Com 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
itigher. 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.
Open. Higii. Low. Close. Close.
WHEAT—
Sept. 92% 93% 92% 93% 9'1%
Dec. 92% 93% 92% 93% D 2%
May 96 " 97 95% 96% 9514
CORN—
Sept. 66% 68% 66% 68% ««%
Dec. 54', 55', 54 % 55 54%
May 54% 55% 54% 55 51%
OATS—
Sept. 31% S|t, 31 31% 30%
Dec. 32% 32% 32% 32% 32
May 34% 35 34% 31% 34%
PORK—
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%
LARD—
Spt 10.45 10.52% 10.45 10.17 10.47%
Oct 10.55 10. CO 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 T 0.52% 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. I northern spring.
1.01 ©1.08; No. 2 northern spring. I.oo®
, 1.06; No. 3 spring. 93© 1.02.
Corn No. 2. 74%®75: No. 2 white, 76%®
; 77; No. 2 yellow, 76®76%; No. 3, 73%®'
74. No. 3 white, 75%®76; No. 3 vellow,
. 754(75%: No. 4. 70®.72; No. 4 white. 73%
■ ©74%: No. 4 yellow. 73%4i74%
Gats. No. 2. old. 32%: new. 32%; No. 2
.'I White, new. 33%©35; old, 36(837; No 3
' White, now. 32®33; No. 4 white, new 32;
Standard, old, 38&40; new. 32%©35.
CHICAGO CAR LOTS.
: Following are receipts for Thursday and
estimated receipts for Fridav:
. Wheat . . ? .( J 58 14J
Corn 191 161
Oats I 270 293
Hogs ; 20,000 15,000
PRIMARY MOVEMENT.
WHEAT— I 191? 1 t»n
Receipts 1.518.000 1.028.000
Shipments 446,000 ' 398.000
CORN— ~ ~ t
Receipts 1.174.00b~ 595,000”
Shipments I 210,000 226.000
LIVERPOOL GRAIN MARKET.
Wheat opened unchanged: at 1:30 p. m.
Iwa ’ unchanged. Closed 'id higher.
Corn opened %d to (id higher; at 1:3'1
p. >n. was %d to %d higher. Closed %d
to I’,d higher.
NEW YORK COFFEE MARKET.
Coffee quotations:
I Opening. I Closing" -
January 13.004) 13.03 12.92® 12.91
February 13.00 12.92® 12.94
March 13.05 12.95(812.97
April 13.03® 13.04 12.97812 99
May. . . . 13.04® 13.08 12.99@13 01
June 13.03813.1012.1'8© 13 00
July 13.02 12.96©12.97
August 12.738 12.73
September .... 12.90©! 2.96 12.81 812.8.'i
October 12.958 13.05 12.86812.88
November. . . . 13.00® 13.07 12.88812.89
December ' 13.00 12.89® 12.93
Closed barely steady. 5a1e5~47.750 bags.
COTTON SEED OIL.
Cotton seed oil quotations:
I Opening. I Closing.
Spot .......| ./ ~T.T. j 6?40©6.4<
August 6 47© 6.49 6.41 86.47
September . . . 6.5086.36 6.4986.50
October 6.5586.56 6.54©6.55
November .... 6.26®6.30 6.2686.28
December .... 6.1886.19 ’ 6.1941)6.20
January I 6.1786.20 6.1886.20
February . . . . . 6.21'1/6 25 6.22U6 jt
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
4(6.50; good steers. 800 to 1,000, 5.00®.5.75;
medium to good steers. 700 to 850, 4.75®
5.75; good to choice beet cows. 800 to 900,
4.25© 4.75; medium to good beef cows, 700
to 800. 3.75©4.25; good to choice heifers.
750 to 850. 4.0084.75; medium to good
heifers, 650 to 750, 3.75@4.50.
The above represent ruling prices on
good quality of beef cattle. Inferior
grades and dairy types selling lower.
Mixed common steers, if fat. 700 to 800.
4.00© 4.50£ mixed common cows, if fat. 300
to 800, 3.508 4.00; mixed common bunches
to fair, 600 to 800, 2.7503.00; good butch
er bulls, 3.0003.75.
Prime hogs. 1.00 to 200 average. 7.50®
7.75; good butcher hogs. 140 to 160. 7.250)
7.40; good butcher pigs. 100 to 140, 6.75(f©
7.25; light pigs, 80 to 100. 6.0006.75; heavy
rough nogs, 200 to 250, 6.50®7c.
Above quotations apply to corn fed
hogs. Mash and peanut fattened hogs.
I © 1 %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 tlie
quality of range stuff is as yet up to
standard.
Lambs have not been coming so free
ly. quality not. so good as earlier in tlie
season. A few loads of Tennessee lambs
were on the market tills week, and sold at
from % to % lower ami were considered
high for the reason of their inferior qual
ity.
Hog receipts moderate, market steady to
% higher on all grades.
1
17