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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