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birthday party
FLUSTERS HOUSE
Looks as if Bleckley County
Will Have To Be Born With
out Legislators’ Help.
The house fiddled around and wasted
a lot of time today trying to find a
way to do something it wanted to do,
but was more or less afraid of —and
it finally settled the matter by not
doing it.
The house on Thursday accepted an
invitation from the city of Cochran, the
proposed county seat of the new county
of Bleckley, to attend a big barbecue
and celebration there tomorrow.
The house wanted to go, but when it
came to voting itself permission today,
under a record roll call, it flickered
and hesitated to do it.
Mr. Deese, the representative who
fathered the new county bill, explained
that under the house's action of yes
terday a special train already had been
chartered and paid for, and that it was
pretty shabby treatment, in the cir
cumstances. to throw Cochran down at
that stage of the game.
Several members agreed with Mr.
Deese, and a lively debate ensued, dur
ing the progress of which the house got
itself into a parliamentary tangle from
which it seemed it would never emerge.
Mr. Deese, in explaining his vote,
Baid he would like to wipe the entire
proceedings off the board, if he could,
as he was much embarrassed in the
matter.
The speaker then ruled, notwith
standing the fact that the roll call was
in progress, that the matter might be
withdrawn from the house's considera
tion by unanimous consent, if the gen
tleman would ask it. and Mr. Deese did
ask it. and got it, and the roll call
stopped, and the junket was off.
Speaker Holder had taken t. ■ hull by
the horns and yanked the house back to
business, regardless!
Mr. Deese says the train will run to
morrow morning, if only he is there to
journey to Cochran to celebrate the
birth of the grand young county of
Bleckley.
CONFETTI THROWING
BARRE!) ON ATLANTA
FAIR’S CLOSING DAY
Confetti throwing will be barred at
the exposition of Atlanta-made goods
at the Auditorium. So far no one has
attempted to toss the tiny pieces of
perfumed paper, but, according to Man
ager Frank Weldon, the report got out
that Saturday night, which will mark
the closing f Hie exhibit, would be
turned into .1 regular carnival.
"This' wmib! be .ill right, under cer
tain . ircum.-t hi. .- " qi,| Mr. Weldon,
“bui* :h- : . 1 arm' ,| ,
carried out ui'h i,e tin- ~f people
’ ■ ' visit ; \ I’ditorimn caeli night.
Thei" ! o cm. ■ < liar o of disorder,
nnri 'nmdrCiD -.f | r. . •■ . ... would re
sent having confetti tossed Into their
face, '.xoti' i have r... v;i ■ in u .'i.-li to
avoid It."
I lie directors of *1:- exposition have
forrnai'y deckled there will be no
eonfett: thrown, :tn.; the closing nigiit
wilt be carried out have the other
nights of th.- big show.
AU Atlanta people and visitors who
have m t . < taken advantage of seeing
the exhibits are urged to come out be
fore the doors are closed on Saturday
night.
So far the attendance has been splen
did. and the directors say that all the
expenses of the affair have been paid
by the gate receipts, and that there will
be a small surplus .left over in the
treasury. The admission fee is only
ten cents, but as the entire attendance
will run close to 50,000, there has been
no danger of losing money on the first
exhibit of its kind ever held in this
section.
PERKINS WANTS AN OFFICE.
.XI-.W D'J.K. Aug. 9. —lt was reported
ar progressive headquarters todav that
George \Y. Perkins, who will lead the na
tional campaign for Colonel Roosevelt
will himself run for congress in the
"I went y - third New York district, in which
tie lives.
"A MENAGERIE LION
BETWEEN TWO POLES”
Peculiar Ideas of Children Discovered
by Would-Be Educational
Reformers.
Do you remember the definition of
tile equator in your old school geogra
phy? Well, a child was asked for that
definition the other day and said: "The
equator is a menagerie lion running
around the world between two poles."
\\ iiat confused the kiddie was the sen
tence. "An imaginary line running
around the world equally distant be
tween the two poles."
Such incidents and that of the chil
dren who were discovered to he sing
ing, "I Love Thy Rotten Chills, Wood
land's Distemper Pills,” when America
was called for are slightly disturbing
to the ordinary educator and show
cause forth. need of reform.
The Standard Atlas and Chronologi
eal History of the World, which The
Georgian is presenting to its readers, is
worded with such care that mistakes
are almost impossible. The first ef
fort has been made to mak4 the con
tents easily understood by any who
read it and to give the user such knowl
edge that mistakes will be almost im
possible even where children are con
cerned.
This is no child's book, however, al
though it is so simple that a child could
easily read and understand it. It is a
man's book fora man's needs.
Every map. every chart and every
paragraph is made so clear and easily
understood that it is almost impossi
ble io make a mistake.
This book fills a long felt need of
yours and others.
''LIP THOSE SIX HEADINGS AND
GET BUSY.
NOW IS THE TIME; THE GEOR
GIAN IS 'CHE PLAt'E.
FACT ANO GOSSIP
IN MONET MARTS
United States Suffering From
Dearth of Fifty-Thousand
a-Year Men.
By B. C. FORBES.
NEW YORK, Aug. 9.—New York and in
deed the United States, is suffering from
a dearth of $50,000 a year men.
• * *
The statement was made to me some
time ago by a financier who was looking
for the right man to take charge of a
very powerful trust company. This finan
cier has made not less than a million dol
lars annually for the last dozen years and
probably twice that amount. Fie was be
wailing the scarcity of really big. brainy
men available for hire. ‘'The man who
can earn a salary of $50,000. $75,000 or
SIOO,OOO for some one else.” he explained.
"Is almost certain to enter business upon
his own account. If he is conspicuously
brilliant he does not care to spend his
life in the service of others who reap the
rew’ard of his skill and industry. That
is the principal reason $50,000 and SIOO.-
000 men are difficult to engage.”
In this instance the vacant post was
one of honor and influence.
♦ ♦ ♦
Corporations that may want $50,000 men
to be responsible for questionable prac
tices will have a much harder task to se
cure them in future than they have had
in the past. Financial and business im
morality and illegality have gone tip in
price.
• ♦ •
An employer wanted to engage an ap
plicant for a position. The youth looked
likely. His replies to questions concerning
himself and his experience were satisfac
tory.
“You will, of course, do what you are
told?” he was asked.
“Certainly,” he replied.
“I will have to depend upon you a good
deal. For example, if I'm busy and do
not want to be disturbed you will tell
callers that I’m out?”
The youth seemed surprised and disap
pointed.
“If,” continued the employer, “it is
necessary, in the course of business, to
present things fn a certain light you will
do it?”
“You mean will L tell lies for you?”
“Well. if you put it that way. yes.”
“All right. I'll lie for you,” said the
young man decisively.
“Good. Now, how much salary do you
want?”
> "Ten thousand dollars a day.”
I “Ten thousand dollars a day—are you
i mad?” exclaimed the employer.
j "No, but I would be if I accepted your
proposal. When I say ten thousand dol
lars a day I mean that you could not pay
me enough money to become a liar. If
you want me to do honest work I’ll be
glad to start at a dollar a day.”
And so the story goes -he was en
gaged.
• ♦ ♦
I happen to know of a case in real life
very different from the incident just re
lated. The father of a young family was
thrown out of employment. He had been
imprudent to the extent that, although
earning between S4O and SSO weekly, he
had made no systematic attempt to save
anything. Starvation stared him and his
family at close range. He could not as-
I ford to pick and choose as to what he
would turn his hand to. In desperation
he accepted a sls-a-week job. Very
quickly he learned that It was part of his
duty to “cook” accounts in order to de
fraud certain parties. lie succumbed—
temporarily, as he t6ld his conscience.
The cheating called for subtle skill, as
one blunder might easily have landed
more than one person in jail. Time passed
and still he remained at his post. The
dishonesty galled him —but there was a
wife and children to feed, clothe and shel
ter. His whole life became poisoned.
Yet. when last I heard, he was still wal
lowing along in misery, worse off than a
slave
• « •
How many unfortunates are occupying
a similar hell?
♦ ♦ ♦
A dispatch from Washington says the
government has decided to abandon the
criminal prosecution of individuals re
sponsible for the actions of illegal trusts.
It is a thousand pities that such defeat
is or has to be admitted. If the present
Sherman law is defective in this particu
lar. then let it be repealed. A corpora
tion is merely an aggregation of individ
ualSz Some one must order the perpetra
tion of each act. The one who Instigates
acts adjudged illegal is palpably a law
breaker. That is the party to punish, not
the corporation. A corporation can not
be thrown into prison, but individuals
can. Fines simply fall upon stockholders
in no way guilty of wrongdoing.
• • •
No honest man could object to a law*
providing for the imprisonment of trust
managers or directors found guilty of
gross turpitude.
♦ • •
’l'he price of financial and business im
morality, as I have already said, has
gone up. Laws can not instil honesty into
men's souls, but they can instil fear into
their hearts by opening prison doors.
Much has already been accomplished to
ward the restitution of business ethics,,
and more, will be achieved by-and-by. The
country is learning that pelf can be
amassed at too ruinous a price. Even
this sorry spectacle of graft and worse in
the New- York police force will do some
good is other directions.
* * •
Honesty is. In the end, the most profit
able policy.
SOCIETY WOMEN FACE
SCHOLARLY THIEF WHO
STOLE RICH TREASURES
CHICAGO, Aug. 9.—Jacob Eoy Guth
rie, school teacher, scholar and alleged
burglar, was bound over to the grand
jury today for burglary, larceny and
forgery. Guthrie, who has stolen loot,
according to the police, which is valued
at more than $500,000 and which in
cludes art treasures, paintings, rare
jewelry and fine apparel, was con
fronted by a dozen women who move
in tin? most exclusive circles in Chi
cago society.
The witnesses came to court in auto,
mobiles; Guthrie in a patrol wagon.
These women testified briefly that much
of the loot discovered by the police
had been identified as that taken from
their homes. The hearing was formal. j
Guthrie's bond was fixed at $37,500. I
THE ATLANTA GEORGIAN AND NEWS. FRIDAY. AUGUST 9. 1912.
[~THE WEATHER '
CONDITIONS.
WASHINGTON, Aug. fl. The indica
tions are that the Lake storm will move
slowly eastward' and cause unsettled
weather and showers over practically all
the districts east of the Mississippi river
during the next thirty-six hours.
The temperature will not change de
cidedly over the eastern half of the coun
try tonight and Saturday.
GENERAL FORECAST.
Following is the forecast until 7 p. m.
Saturday;
Georgia -Local showers tonight or Sat
urday.
Virginia—Showers tonight and Satur
day.
North Carolina and Soutli Carolina —
Local showers tonight or Saturdaj.
Florida- Local thundershowers tonight
oi* Saturday except probably fair in the
southern portion.
Alabama and Mississippi- Local thun
dershowers tonight or Saturday.
Louisiana—Unsetled. witli showers.
Arkansas—Unsettled; Saturday general
ly fair
Oklahoma —Fair.
East Texas—Unsettled today; Saturday
fair.
West Texas—Fair.
CORN AND MT
ABOVE AKE
U. S. Report Shows Condition
of Former Normal and Latter
90.4 Per Cent Full Crop.
WASHINGTON. Aug 9.—A crop re
port issued today by the department of
agriculture makes the following esti
mat:
Condition of crops on August 1:
Corn. 80 per cent, or normal; spring
wheat. 90.4 per cent; oats, 90.3 per cent;
barley. 89.1 per cent.
Last year the figures were: Corn,
69.6: spring wheat, 59.8; oats. 65.7; bar
ley, 66.2.
Ttfe yields indicated on the basis of
condition August 1 are as follows:
Corn. 26 bushels' per acre: total pro
duction. 2,811,000.000 bushels; winter
wheat. 15.1 bushels per acre; total, 390.-
000.000 bushels; spring' wheat. 15.1
bushels per acre: total, 290.000J)00; all
wheat. 15.1: total. 680,000,000: oats,
31.9; total. 1.207,000,000; barley. 26.7;
total, 202,000,000; rye, 16.9; total, 35,-
000,000.
Last year the corresponding figures
were: Corn. 23 bushels per acre; total.
2.531.000.000; winter wheat. 14.8 bushels
per acre; total 430,000,000 bushels;
spring wheat, 9.4 bushels per acre; to
tal, 191,000,000 bushels; all wheat, 12.5
bushels per acre; total. 621.000,000
bushels; oats. 24.4 bushels per acre; to
tal, 922,000,000 bushels; barley, 21 bush
els per acre; total. 160.000,000 bushels;
rye. 15.6 bushels per acre; total, 33.-
000.000. The quality of the winter wheat
is 9.7. against 92.0 last year.
The quality of rj;e is’ 94. against 91.5
last year.
The amount of oats remaining on
farms August 1 is estimated at 3.8 per
'■ent of last year’s crop, or about 34,-
872,000 bushels, compared with 67,793,-
000 bushels on August 1. 1911.
j NEWS AND GOSSIP;
OF the Fleecy Staple i
NEW YORK, Aug. 9. —Carpenter, Bag
got & Co.: The Journal of Commerce
says: The course of cotton prices will
be governed by weather and attitude of
large trade interests.
The New York Commercial says: pool
er heads deolare the worst is over and
that present crop prospects justify 12
cents.
Cotton continues to seek lower levels
Some wonderful crop report of improve
ment must be in the hands of those who
continue to liquidate.
'l'he trade is looking for the next bu
reau report to be issued September 3 to
show a great improvement in conditions.
McFadden and ring crowd general sell
ers throughout session. Shearson, Dick
and Riordan best buyers.
Texas rainfall: Abilene. .28; Brown
wood. 1.50; Dallas, 2.12; Eastland, 2.04;
Fort Worth, .01; (Jreenvdlle, Has-
kell, i ll; Houston, .01; Lampams, .46;
Paris. 1.80: Riverside, .54; Sherman, 1.04:
Waxahachie. .04; Weatherford, .46.
Carpenter. Baggot & Co. say: "Con
sidering the strong sentimental influence
which rains in portions of the states of
Texas, Oklahoma and Arkansas have had
on the market, we hardly feci justified in
expressing an opinion, but some of the
features induce us to continue bullish in
our ideas and to feel confident that ulti
mately higher prices must rule.”
Following are 11 a. in. bids: August,
11.67; October. 11.83; December, 11.89;
I )ecember-January. 11.83.
NEW ORLEANS, Aug. 9. Hayward &
Clark: The weather map shows cloudy
over entire belt, except fair in a few spots
in south Texas. General rains in north
Texas, also west portinn of Oklahoma,
Arkansas, central and eastern belt. Rains
were moderate in central states. but
heavy in Alabama and Atlantic's except
North Carolina. Indications are for con
tinued cloudy, showery weather in belt;
rain indicated also for southern half of
Texas and North Carolina.
Reliable advices from San Antonio,
Texas, reads: "So far as the cotton crop
of south Texas is concerned it has de
teriorated greatly and cotton that was
expected a month ago to yield one-half
to three-quarters per bale, is not expect
ed now to make one bale to four acres. 1
understand, however, they have had rains
in north 'Texas and Oklahoma and that
conditions there are better. The high
temperatures we have had in this part
of the country anti our lands mostly being
of light sandy soil went to pieces within
a short time.”
'l'he New Orleans Times-Democrat says:
Bearish success is broadening bearish
sentiment, which in turn is robbing the
rahks of the bulls of many workers.
What the end will be no man kriows. Lt
is a fact too potent for argument that
rains all over the belt, with the exception
of portions of south and southwest Texas,
have improved, the crop promising to a
tangible extent, and the. low price people
are now claiming, whereas, they feared
drouth and high temperatures on a
watered plant, high price people must
fear rains and moderate temperatures.
However, historj alone can reveal the
influence on the outturn of the original
handicap of a late start in poorly pre
pared soil.
Meanwhile there is a surplus of con
tract sellers and a dearth of buyers, and
tup brakes were applied to yesterday’s
decline, not so much because there were
men in the market with faith in the price,
but. bcause the parity between America
and Liverpool had so greatly widened as
to make purchases on this side seem at
tractive. without much regard to the
probable future course of the market.
COTTON MARKET OPINIONS.
Thompson; Towle & Co.: 'l'he market
may go lower in the near future before
speculators will take hold.
Daily Montgomery: Further wide
market changes will be in order until
more definite information as to the exact
condition of the crop is available.
Logan Ac Bryan. Think the selling is
overconfident and market should have a
good rally.
Hayden. Stone A- Co.: We may get re
actions, but market looks lower before
basis for a permanent improvement can
be reached.
SHARPDEGUNEINRAILWAYSTOCKS
COTTON MARKETGONTINOEHIGHER
Early Selling Causes Small
Drop, But Close Shows Price
9to 11 Points Off.
NEW YORK, Aug. 9. - Favorable weath- '
er over the larger part of the belt, com
bined with weak cables, caused cotton !
prices to open 1 to 6 points below the {
final figures of Thursday. After the call ,
a general selling wave prevailed, causing j
a further decline throughout the list. Oc
tober lost 17 points from the first figures '
with December and January losing 12
points. Later in the morning trading I
prices rallied a few points.
It was rumored last night that McFad- .
den interests advised sale of cotton, and i
brokers who represent this interest have
been conspicuous sellers throughout the
morning session; also, the ring crowd
were heavy sellers. This selling caused
prices to slump from 16 to 22 points from
early prices. Some buying was under
way during the afternoon session h\ a
few* large professionals and prices tallied
5 to 8 points in the most active positions
from the low* levels.
At the close the market was steady
with prices ranging from 9 to 11
lower than the final quotations of Thurs
day. >
stocks in New York today,
98,828. certificated, 87,91.1.
. RANG E_O F NEW YORK FUTURES.
I£- I • •
i • * I • • ? 5 •
i a— o i 4 ©
| O K J 5
Aug. 11.80 11.80 F 1.64 11.64 11.71-73 11.8D83
•Sept. 11.70:11.72 11.70 11.71 ill .75-77 11.85-87
Oct. 11.9811.98 11.76 11.88.11.88-89 11 99-92
' 11.88-91 12.00-01
Dec. 12.01 12.02111.82 11.96111.95-96 12.04-05
•lan. 11.9611.2.02 11.75 11.88 11.88-89 11.98-12
Meh. 12.06 12.06 11.87 12.00:12.00-01 12.10-11
May 112.12 12.12 11,96:12.00 ! 12.08 -10 12.18 -20
Closed steady.
The visible supply of American cotton
decreased during the past week 158,797
bales, against a decrease the same week
last year of 87,684 baiek. and a decrease
of 111,546 bales the same week year be
fore last. Other kinds decreased 29,000
bales, against a decrease last rear of 29,-
000 bales and a decrease of 31.000 bales
the same week year before. The total
visible supply decreased 187,797 bales,
against a decrease of 116.684 bales last
year, and a decrease, of 142,546 bales the
year before.
Spinners' takings discontinued through
August.
World's visible supply:
i 1912. : 1911, ~| 1310~~
American . .1,438,675 732,163’ 839.516
Other kinds. . . 859,000' 893,000
Total, all kinds. 2,297,675 2.485.472'
Liverpool cables were due to 7> 2 !
points lower; opened easy at 7 to’B points
decline. At 12:15 p. m. the market was '
quiet but steady, at a net decline of 9!4 i
to 10 points on old crop and 11 to 11 $4
lower on new crop. Later cables re
ported an advance of Is 4 points from
12:15.
Spot cotton in moderate demand at 13
points decline; middling 6.96 d; sales 7,000
bales; American 6,000; imports 1,000, all
American.
At the close the market was easy with
prices showing a net decline of 16 to 18Ms
points from the final figures of Thursday.
RANGE IN LIVERPOOL FUTURES.
Futures opened easy. s
Opening.. p re »
Range. 2 PM. Ctosa. Closa.
Aug . . . 6.75 -6.7714 6.75 6.67 6.83
Aug.-Sept 6.69 -6.66 6.6554 6.59% 6.76
Sept.-Oct. 6.60 -6.55% 6.65% 6.49 6.67
Oct.-Nov. 6.54 -6.49% 6.50 6.43% 6.61
Nov.-Dec. 6.48 -6.45 6.44% 6.38 ' 6.56
Dec.-Jan. 6.48%-6.45% 6.44% 6.37% 6.55%
Jan.-Feb. 6.49 -5.44% 6.44% 6.38 6.56 “
Feb.-.Mch. 6.49 -6.45 6.46% 6.38% 8.56%
Meh.-Apr. 6.50 -6.45 6 45% 6 39% 6.57%
Apr.-May «.50%-6.46 6.46% 6.40' 6.58
May-June 6.51 -6.47 6.48% 6.41 6.58
June-July 6.40% 6.58%
Closed easy.
HAYWARD i CLARK’S
DAILY COTTON LETTER
NEW ORLEANS, Aug. 9.—The weatliet
map shows cloudy weather over the en
tire belt, except fair at a few spots In
south Texas. General rains In the south
half of Texas. Oklahoma. Arkansas anti
the central and eastern states, except In
North Carolina, which had little rain. The
precipitation was heavy In Alabama,
Georgia and South Carolina. According
to private reports some good rains fell
overnight in central Texas, and our trav
eling man also says that good rains had
fallen overnight in central west and
northwest Texas. Government records
show ten stations in Texas with an aver
age of .40. Temperatures average for
Texas 94, and for Oklahoma 78. indica
tions are for clearing weather in north
west Texas and unsettled and showers in
southern half of Texas, central and east
ern states. North Carolina si likely also
to get the needed rains. As expected.
Liverpool weakened materially? futures at
one time showing a loss of 18 points;
spots 13 points lower. Our market lost
a few points in tlie first trading on the
weakness in other markets, but otherwise
offered more resistance to decline than it
has done for some time. Support seemed
to be based on the idea of possible crop
damage by continued and locally excessive
rains in the eastern half of the belt.
RANGE IN NEW ORLEANS FUTURES.
' ~i “ i¥Tl ' n
o = j <•> I-U
•Vug. 12.08 12 14 12.08 12 14 12.14 1243
Sept 12.10 12.11
Oct. 12.00 12.03 11.82 12.02 12.01-02 12 02-03
Nov 12.01-04 12.02-04
Dec. 1.2.02 12.05 11.86 12.04 12.03-04 12.05-06
Jan. 12.07H2.10 11.89 12.07 12.07-08 12.09-10
Feb 12.09-11 12.11-13
Mar. 12.18 12.20 12.01 12.18 12.19-20 12.21-22
Apr 12.21 -24 12.22-24
May 12.16 12.17 12.13 12.17 12.30.3U12 30-32
Closed steady.
SPOT COTTON MARKET.
Atlanta, nominal; middling 12%.
New Orleans, easy; middling
New York, quiet; middling 12.30.
Boston, fxuiet; middling 12 50.
I’hiladeljHiia, quiet; middling 12.55.
Liverpool, easier; middling 6.96 d.
Savannah, quiet; middling 12%.
Augusta, quiet; middling 13%.
Mobile, nominal.
Galveston, ouiet; middling 12%.
Norfolk, quiet; middling 13c
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, show.® receipts at
the ports today, compared with the same
day Ia st yea r;
I 1912? j TsTl
New <>rlcans. ...
Galveston 1.293 1,769
Mobile 1 'sob
Savannah 50 449
Charleston j
Norfolk 553
Baltimore 433 36
Boston 19 I
Brunswick 1 100
Total FfllO | ~44T!>
INTERIOR MOVEMENT.
I 1912 | 19Tf
Houston I 2.276 | 5,340
Augusta 96 I 436
Memphis 440 10
St. Louts 86 : 40
Cincinnati 1 45 436
Total F 043 j 6?252
Wall Street Awaits Government
Grain Report—Market Gen
erally Dull But Firm.
•
By CHARLES W. STORM.
NEW YORK, Aug. 9.—Heaviness in the
copper group caused by an unsatisfactory
situation in the London copper market,
was the feature of the stock market as
1 the opening here today. Later they ral
lied.
I he general tone at the outset was good.
| Reading was higher anti gains of
: were scored in Union Pacific, Lehigh Val
-1 ley and American Can. Westinghouse
was particularly strong, gaitNng 1%.
Consolidateti Gas moved up
There was a rally in American To
bacco, which had been sold vigorously, anti
a recovery to within a shade of Thurs
day’s closing resulted. At the end of fif
teen minutes trailing in a number of
■ leaders, including United States Steel. St.
, Paul. Amalgamated Copper and Atchison
~were ranging a shade higher than their
y esterday s final prices. Canadian Pacific
openetl ’« off, but recovered, 'i'he curb
was quiet.
American railway shares in London
were steady above New York parity
There was profit-taking there In Canadian
Pacific.
A waiting tendency was shown in the
late forenoon, although a number of the
leading railroads and industrials moved
up fractionally Gains ranging around %
were made in Steel. Consolidated' Gas.
Union Pacific, Lehigh Valley. Canadian
Pacific and interboro.
Metal, Reading add Westinghouse were
the prominent features, advancing more
than a point each. •
The market was sluggish in the after
noon anti prices thoved irregularly with
a reactionary trend. Declines from the
best prices of the day ranged from % to
1. point.
Stocks closed strong
Government bonds unchanged other
bonds steady.
Stock quotations:
I I |l.ast | Clos.lPrev
STOCKS— IHighjLow.:Sale.l Bid .ICTse
Am a I < 'op per." 8 2 ’ 82% ~82%“ 82 \"S 2 <
Am. lee Sec... 25%| 25% 25%’ 25-’ B 25’-
Am. Sug. Ref. 127% ;12«% 127’1 127% 126%
Apt. Smelting 83% 83% 83% 8;: , 83‘,
Am. Loconto... 44 44 II 43'- 43%
Ant. Cra Fdy.. 59 ' 58% 58% 59 " 59
Am. Cot. 0i1...! 54 54 | 54 ’ 55%: 54
Am. Woolen 26%' 26
Anaconda . .. 41% 41 41 41% 41’%
Atchison 108-% 108% 108% 108% 108%
A. C. L 144% 142’ a 144 142 142
Amer. Can ..I 40%: 40% 40% 40% 40%
do, pref 1119% 119
Am. Beet Sug. 71 j 70%| 71 | 70% 69%
Am. I and 'l. 145 • 145% 1.457 s 145“a 146
'Am. Agrlcul ........ 58 58%
Heth. Steel . . 38', 37% 38 38 37
B. R. T 92% 92%' 92% 92 E j ‘ 92%
B. and 0 107% 'IO'. % 1077 s 107% 107%
Can. Pacific .. 278 275 277 277% 276
[ <'orn Products 14% 14% 14% 14% 14%
11', and O St 80%' 81 81 80%
Consol. Gas . . 147% '145% '147 147 1145%
Cen. Leather 27%! ::7’- 27% 27% 27%
Colo. F. and I. 30%’ 30%; 30% 30% 30 ,
Colo. Southern, .... .... ....' 40 | 40
D. and H I .. ..' .... 168% 168%
Den. and It. G. .... .... .... 19% 19%
Distil. Secur. .' ...J ....: ....; 36%; 32%
Erie 36% 35% 36%” 32% 36
do. pref. . 54 I 53%
Gen. Electric . I81%:1817 S 181% -81% 181 %
Goldfield Cons. 3% 3% 3%' 3% 3%
G. Western .... 17% : 17%
G. North., pitl. 142% 142% 142% 142% 111%
G. North tire 44’- 43", 44'1. 43’- 43%
hit. Harvester 123 1123 123 123% 123
111. Central .. 1131 %: 131% !131131 % 131
Interboro .... 20% 20% 20%. 20% 20%
do, pref .. 61%, 60% 61'-' 60% 60%
K. <'. Southern 26%' 26% 26%; 26%; 23%
K. and I i", 27% 27% 27% 27 %
do; pref. . . 60%; 60%
lowa Central ....' 9 10
L. Valley. . . 172%T71 172', 172 % 171
L. and N.. . . 163% 161% 163% 163’.,'161
Mo. Pacific . . 37% 37', 37% 37% 37%
N. Y. Central 117% 116% 117 117% 117
Northwest. . . 141 %'l4 j1 41% 141 % 141
Nat. lx»ad 59 59 59 59 59
N. and W . .118 117% 118 118 117%
No. Pacific . . 130 128% 129% 129% 128%
O. and W.. . . 32% 32% .%’% 32% 32%
Penn 123% 123% 123% .... 123%
Pacific Mail . 32% 32% 42% 42% 42%
P. Gas Co. . . 118 117% 117% 117'% 117%
P. Steel Car . . 36 i 36
Reading. .171 169% 170% 171 1611%
Rock Island 26 I 26 26 26 26
do. pfd 51 % 51
R. I. tind Steel 28 28 28 ♦ 28 ‘ 27%
do. pfd............ ’ ..1 88% 88
S. -Sheffield I 56 56
So. Pacific . . 111% 111'-,. 111% 111 « 111%
So. Railway . 29% 29% 29%: 29% 2'.i%
do. pfd.. . . 79% 79 79% 79 , 79%
St. Paul. ,;108% 107%|108%108% 108%
Tenn. Copper 42% 42% 42% 41% 42%
Texas Pacific '22% 22
Th it'd Avenue 36 36'..
I nion Pacific 172% 171.!- 172’% 172% 171",
f S Rubber . 51% 51% 31% 3|% 31%
Utah Copper .1 61% 61% 61% 61% 62
E. S. Steel . .1 72% 71% 71% 71% 71%
do. pfd.. . .1 ... .' 112% 112’;,
V (’hem. . 4R 4R 48 48 1 48
West. Union J
Wabash . . . J 4»A 4%’ 4’, 4U
do. pfd..l .......J 14 14
W. Electric . J . ... .... ....: 88*4 #7’ 4
Wis. Central .' ....I .... . ...I 60 61
\\ . Mat via ...J ... ~ 58 58
Total 3iJ 262 sEares.
MINING STOCKS.
BOSTON. Aug. 0. Fruit I91' : -. Shannon
17V&. Arizona (Commercial 5’ 2 . Nevada
Consolidated 21 " 4 , Greene-Cananea 10.
Chino 33V
LOCAL STOCKS AND BONDS.
Bid. Asked
Atlanta West Point R. R .. 140 145
American Nat Bank 220 225
Atlantic Coal A Ice common 100’4 101
Atlantic Coal & Ice pfd MO ~ 92
Atlanta Brewing & Ice C 0... 170 i
Atlanta National Bank 325 " ’
Broad Riv. Gran. Corp 25 ’36
do. pfd 70 72
Central Bank & Trust Corp. .. 147
Exposition Cotton Mi 115...... iso
Fourth National Bank 265 270
Futon National Bank |2 7 131
Ga. Ry. & Flee stamped ... 126 127
Ga. Ry. Power Co. common 28 30
do. Ist pfd 81 85
do. 2d pfd 46 47
Hill.ver Trust Company 125 127
Lowry National Rank 248 251/
Realty Trust Company 100 « 105
Southern Ice common 68 70
The Security State Bank ... 115 120
Third National Bank 23(t 235
Trust Company of Georgia 245 250
Travelers Bank A- Trust C 0... 125 126
BONDS.
Atlanta Gas Light Ist ’s.. 102
Broad Riv Gran Corp Ist 6s 90 95
Georgia State 4’ ? s, 1915, ss. 100’4 101’4
' ;.i Rj & 1 :i.Co - . .. 102 : 2 104
Ga. Ry. & Elec. ref. 5s 100 101
Atlanta Consolidated 5s
Atlanta City
Atlanta City 4s. 1920 98 99
Atlanta City 4*4s, 1921 102 103
x-Ex-rights.
NEW YORK PRODUCE MARKET.
NEW Y( HILL \ug 9 Wheat steady:
September 1 .OO T j» r <t I 01. spot No. 2 rod I
nominal in elevator and 1.08’% f o. b.
(’orn firm; No. 2 in elevator nominal, ex
port No. 2 82% f o. b . steamer nominal.
No. 4 nominal Oats firm: natural white
new §7(1168. Rye dull; No. 2 nominal f
<» b New York Barley quiet; malting
70(h*80 < i f. Buffalo. Hay irregular, j
good to prime •.♦54/1.35, poor to fair 804/
1.15.
Flour more active; spring patents $5 25
415.50. straights $4,754/ 5, clears $4,654/
4 90. winter patents $5,154/ 5.40, straights)
$4,554/ 4 75. clears $4,254/ 4 75.
Beef firm: family $lB4/18.50. Pork
stead' mess $204/ 20.75. family $204/21.25. I
Lard steady; city steam mid
dle West spot 10.60. Tallow steady; city
♦in hogshea<lst 6’*, country (in tierces) I
5\4/64. |
j ATLANTA MARKETS
EGGS Fresh country candled, 19@20c.
BUTTER - Jersey and creamery, in 1-lb.
blocks, 204/'22’*>c; fresh country dull,
12VsC pound.
DRESSED POULTRY—Drawn, head
and feet on. per po'und: Hens, 17^118c;
fries, 254/27’4c; roosters, 84110 c; turkeys,
owing to fatness. 18<&20c.
Ll\’E POULTRY—Hens, 40@45c; roost
ers 254/3ae. fries, 184/ 25c; broilers, 204i'
25c; puddle ducks, 254130 c; Pekin ducks,
40(h4;»c; geese 504f60c each; turkeys, ow
ing to fatness, 144 i 15c.
FRUITS AND PRODUCE.
FRI IT AND VEGETABLES— Lemons,
fancy. ss. <>o4/ 6c per box; Florida oranges.
$34/3.50 per box; bananas. 3@3%c per
pound: cabbage, 754/$1 per pound; pea
nuts. per pound, fancy Virginia 6’ : '<4/7c,
choice, 5^416c; beans, round green. 75c(a’
$1 per crate; Florida celery, $24/2.50 per
crate; squash, yellow, per six-basket
crates. sl4/1.25; lettuce, fancy. $1,254/ 1 50,
choice $1,254/1.50 per crate; beets. $1,504/
2 per barrel; cucumbers, 75c(ft$1 per crate;
new irish potatoes, per barrel. $2.50413.
Egg plants, $24/ 2.50 per crate; pepper,
$1(a1.25 per crate; tomatoes, fancy, six
basket crates $1,504/1.75, choice toma
toes $1,754/ 2; pineapples, $24/2.25 per
crate; onions. sl4/1.25 per bushel; sweet
potatoes, pumpkin yam. sl4/1.25 per bush
el; watermelons. $lO4/-15 per hundred;
cantaloupes, perorate. sl4/1.25
PROVISION MARKET
(Corrected by White Provision Company.)
Cornfield hams, 10 to 12 pounds average,
16c.
Cornfield hams, 13 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 hams, 25-pound
boxes, 12c.
Cornfield spiced jellied meats in 10-
pound <1 inner 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). 11\c
<’ountrj style pure lard, 50-pound tins
only, 11’4 c.
(’ompound lard (tierce basis) 9*4c.
D. S. extra ribs,
D. S. rib bellies, medium average. 12c.
D. S. rib bellies, llgln average, 12’<c.
FLOUR AND GRAIN.
FLOUR I‘ostell’H 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 »
$5.65. Sun Rise (half patent) $5; Tulip
flour, $4.50; White (‘loud (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)
s;>.
(’ORN 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 $1.01; 12-pound sacks $1.03.
OATS New fancy white. 60c; Red rust
proof, dipped. 60c; red rust proof, 58c.
COTTON SEED MEAL Harper, S2B.
COTTON SEED HULLS—Square sacks,
|9.00 per ton. Oat straw, ?5c per bale
SEEDS (Sacked): German millet, $1.65;
amber cane seed, $1.55; cane seed, orange,
$1.50; Wheat (Tennessee). blue stern,
$1.40; red top cane seed. $1.35; rye (Geor
gia), $1.35; Appier oats, 85c; red rust proof
oats, 72c; Bert oats, 75c; Texas rust proof
oats, 70c; winter grazing. 70c; Oklahoma
rust proof, 50c; blue seed oats, 50c.
HAY Per hundredweight: Timothy,
choice large hales, $1.70; Timothy, choice
third bales, $1.60; Timothy No. 1, small
hales. $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.
I. $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-lb.
sacks, $1.75; Georgia feed. 75-lb. sacks,
$1.75; bran, 75-lb. sacks, $1.45; 100-lb.
sacks, $1.45; llomcloine, $1.70; Germ meal
Hornco, $1.45; sugar beet pulp, 100-lb.
sacks, $1.50; 75-lb. sacks, $1.56.
CHICKEN FEED—Beef scraps, 50-lb.
sacks, $3.50; 100-lb. sacks, $3.25; Purina
scratch, 100-lb. sacks. $2.20; Purina pigeon
Red, |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 (‘hick, $2.30; Victory scratch,
lUO-11). 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-ib. sacks, $1.10;
oystershell, 80c.
LIVE STOCK MARKET.
CHICAGO, Aug. 9 Hogs—Receipts 12,-
000. Market weak t<» 5c lower. Mixed
and butchers $7,304/8.30, good heavy $7.65
4/8.15, rough heavy $7,304/ 7.60, light $7.65
4/8.30. pigs $6,504/ 7.75. bulk $7,604/ 8.15.
Cattle Receipts 2.000. Market steady.
Beeves $6,504/ 10.25, cows and heifers $2 75
418.15. stockers and feeders $4,404/7, Tex
ans $6,304/8.40, calves *8.504/9.75.
Sheep Receipts 10,000. Market steady.
Native and Western $3,254/4.60, lambs
$1,754/ jj.75
COTTON SEED OIL.
Cottnn seed oil quotations:
I Opening. I Closing
August 6 41 4/ 6.42 ' 6 36^/6.38”
September .... 6.444/6.45 6.384/6.40
October 6.494/ 6.50 6.44 4/ 6.46
November .... 6 364/6.28 6.254/ 6.26
December 6.164/6.18 6.154/6.17
January 1 6.164/6.17 1 6.154/6.17
February . 6.164/6.23 6.194/6,22
Closed barely steady; sales 16.200 barrels
Established 1861
The
LOWRY NATIONAL BANK
OF ATLANTA
Designated Depository
of the United States
County of Fulton, City of Atlanta.
Capital . . . $1,000,000.00
Surplus . . . $1,000,000.00
Accounts of Individuals,
Bank and Corporations
Solicited
CRAIN MEN LOOK
EDR BEAR REPORT
Anticipation of Unfavorable
Government Statement Is
Cause of Liberal Selling.
ST. LOUIS CASH QUOTATIONS.
Wheat—No. 2 red 102%ifi 104
Corn 7« 77
1 ’ata 3t & 32
CHICAGO, Aug I’.—Wheat opened
steady in tone anil abount unchanged in
price, prices quickly yielding %<ii%c on
good selling and lack of suport. A report
of less demand for the American hard
wheat was the weakening influence.
Corn was unsettled and irregular with
September a shade higher and the de
ferred months fractionally lower.
flats were jietter all around on short?
covering.
Provisions were unchanged and the
market was featureless with trade small.
Wheat closed with losses of % to %c to
day and there were recessions in the price
of corn of % to %c.
Oats declined % to "«c and there was
considerable reaction from the bottom
prices. 'l'he government crop report,
which was given out after the close of
business, was construed by the trade as
a bearish document.
Provisions closed lower with trade dull.
CHICAGO GRAIN MARKET.
Prev.
Open. High. Low. Close. Close.
WHEAT—
Sept. 98'/, f 13% 92% 92% 93%
Dec. 93% 93% 92% 92", 93%.
May 96'.. 96 % 96% 96'« 96%
CORN—
Sept. 68%’ 68% 67% 68% 68%
Dee. 55% 55% 54% 55 55
May 55 55 54% 54% 55
OATS -
Sept. 32 32% 31% .31% 31%
Dec 33 33% 32% 32% 32%
May 35 35% 34% 34% 34%
PORK—
Spt 17.80 18.87 17.77% 17.85 17.82,%
oct 17.80 17.85 17.77% 17.85 17.80'
Jan 18.35 18.37% 18.32% 18.37% 18.27%
LARD—
Spt 10.52% 10.60 10.52% 10.60 10.47%
Oct 10.60 10.70 10,60 10.67% 10.55
Jan 10.40 10.42% 10.37% 10.42% 10.32%
RIBS—
Spt 10.52% 10.62% 10.52% 10.62% 10.57%
Oct 10.52% Hl.<lo 10.52% 10.60 ‘ 10.52'4
Jan 10.57% 9.72% 9.57% 9.70 9.65
CHICAGO CASH QUOTATIONS.
CHIt’AGO. Aug 9. -Wheat. No. 2 red.
1.02@T.05; No. 3 red. '.'8'141.02; No. 2 hard
winter, 94@96; No. 3 hard winter. 93@
94%; No. I northern spring. i.0lt®1.08; No.
2 northern spring, I.Oil'd 1.06; No. 3 spring.
93® 1.02.
Corn. No. 2. 74%'fi75%; No. 2 white. 77
'll 77V/: No. 2 yellow. 76%'f>76%: No. 3.
73%tj,71; No. 3 white. 76%'1176%; No. 3
.yellow, 75%'1l 76’,,; No. 4, 724473: No. 4
white. 74%®75: No. 4 yellow, 74(1775’.;.
Oats, No. 2 white, new. 33'4®34%; No.
3 white, new, 32 %It 32", ; Standard, old,
404143%; new. 234t33%.
CHICAGO CAR LOTS.
Following are receipts for Friday and
estimated receipts for Saturday:
I Friday. I Saturday.
Wheat I 150 I 156
Corn ' 168 ' 115
Oats 317 I 274
ilogw . ! 12,000 I 9.000
LIVERPOOL GRAIN MARKET.
Wheat cjjpencd %<1 higher; at 1 ;30 p. m.
was ’*<l to L‘l higher. Closed unchanged
to ’gd higher
Corn o|>ened ? s d higher: at 1:30 p. m.
was Vjd higher. Closed ’gd to •\d higher.
POULTRY, BUTTER AND EGGS.
XEW YORK, Aug. 9.- -Dressed poultry
quiet; turkeys, 14 4/23: chickens. 144426;
fowls. 124/20; ducks, 184/18’2. Live poul
try firm; chickens. 1&4120; fowls, 15
(asked); turkeys, 14; roosters, 14; ducks,
14; geese, 11. Butter quiet; creamery
specials, 254/ 26: creamery extras, 26 1 /s»(</>
27; state dairy, tubs. 214/25; process spe
cials. 24%. Eggs firmer; nearby white
fancy, 31(g32; nearby brown fancy. 244/<
26; extra firsts. 23%4f25; firsts. 204/21
Cheese firm; wiiite milk specials, 15%4/
15%; whole milk fancy. 154/15’;; skims,
specials, 12’ 4 4r12%; skims, fine,
11%: full skims, 6%4/8%.
NEW YORK GROCERIES.
NEW YORK. Aug. 9 - Coffee steady;
No. 7 Rio spot. 14. Rjce firm; domestic,
ordinary to prime. 4%4/5%. Molasses
steady; New Orleans, open kettle. 364/TSO
Sugar, raw. <juiet: centrifugal, 4.50; mus
covado, 3.55; molasses sugar, 3.30; re
fined, quiet: standard granulated, 5.15;
cut loaf. 5.90; crushed. 5.80; mold A. 5.45;
cubes, 5.35; powdered, 5.20: diamond A.
5.10; confectioners A. 4.95; No. 1, 4.95;
No. 2. 4.90; No. 3, 4.85; No. 4. 4 80.
NEW YORK COFFEE MARKET.
(’offpe quotations:
January 12.85 13.00(0/13.02
F< bruarj 12.80® 12.92 12.98® 13.02
March 12.854/ 12.95 13.03®< 13.04
April 12.87® 12.95 13 <>r,v 13.07
May 12.95 13.074/13.08
June 12.904/ 13.00 13.064/ 13.07
July 12.904/ 12.H5,13.04® 13.05
August 12.504/ 12.75 12.754/ 12.76
September 12.714/ 12.80 12.82® 12.8?
October Il 2.75 12.87® 12.88
November 12.77 12.92®/12.93
December . . . . 12.87 12-97® 12.98
Closed steady.
19