Atlanta Georgian. (Atlanta, Ga.) 1912-1939, August 12, 1912, EXTRA, Page 13, Image 13

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    NEW YORK PRODUCE MARKET.
NEW YORK. Aug 10. Wheat firm;
September. 1.00 s b: spot. No. 2 reel, nomi- |
nal in elevator, and 1.08 f. o. b. Corn I
firm. No. 2, in elevator, nominal; export j
No. 2. 82 1 -. f. o. b.: steamer, nominal: No. I
4 nominal. Oats easy; natural while. 55 I
®SB. Rve dull: No. nominal, f. o b. '
New York Barh-y dull: malting, nomi
nal. c. I. f Buffalo. Hay firm; good to I
prime. 95fa1.35. Elour quiet, spring pat- <
ents. 5.25415.50; straights. 4.75®5.00;
clears. 1.65® 4.!'0; winter patents. 5.15®
5 40; sfraights. 1 .55® 4.75: clears, 4.25®.
4 50.
Beef steady; mess. 20.00® 20.75; family.
10 004121.25. Lard firm: city steam. 10%®
10’s middle West spot. 'O.OO. Tallow
quiet' city, in hogsheads. 6%, nominal;
countrj. in tierces, 5%®6%.
Real Estate For Sale.
LANDS FOR SALE BY
TH OS. W. JACKSON.
Fourth National Bank Bldg.
Atlanta, Ga.
Bell Phone M. 5214.
900 ACRES.
MIDDLE Georgia plantation. 250 acres
of fine bottom lands; 10 houses, barns
and other outbuildings. T can offer this ,
place at a bargain, or exchange for city .
or suburban property.
232 ACRES.
ON both sides of the Chattahoochee
river, with ferry on place. You can 1
pick this up for $25 per acre on easy
terms, if sold at once.
LYTrUdfES.
SOUTHEAST Georgia. If you ate in
the market for a nice little farm, good
strong land, lies well, in a fine, healthy
section, this place will suit you.
$2,800.00 cash will buy it.
1.200 ACL'ES.
FINE water power: two miles of river
frontage: extra good bottom land;*
300 acres in timber: eight houses. Price
$15,000. or will exchange for Atlanta
propert y.
120 ACRES?”
CORR County, belonging to a non-resi-
dent. who has just instructed mo to ;
take SI,OOO off the price, and make a 1
quick sale. Now. this is a fine little ■
farm, and will appeal to you. if you will ,
investigate. i
50 ACRES.
A 6-room house: 25 acres of fine, al
most level land, in cultivation, bal
ance in pasture and timber; well wa
tered: a nice orchard. For quick sale,
$1,300 will buy it.
450 ACRES.
A SOUTHWEST GEORGIA Cotton
Plantation; on two automobile high
ways. Not an acre of waste land on
the place; good improvements. For a
quick sale $12.>0 per acre w ill buy it.
Chances to double your money on this
place.
(>5 ACR’ES.
27 MILES west of Atlanta: splendid
little farm; good improvements; wa
ter power. Dam ahead} built that cost
H.OOn. Price $3,000, or would exchange
for cottage in At lair. of same price.
'IHOS. W. JACKSON.
Fourth Natiininl Bank Bldg. I
Real Estate For Sale Real Estate For Sale.
..L . ' .. . ....
Modern Apartments For Rent
M<)ST DESIRABLE i i Ailanta as to location and structure; just off Peach
tr»* <>n Eighth street; six rooms; tile porches, store rooms, etc.;, in Lil
lian and Elizabeth. Vacant September Ist; $65.00.
A LS< > one apartment in W ickliffe. Peachtree and Eleventh streets. See
janitor.
•I. W.
$12,000 PER YEAR NET PROFIT! I !
?P».o(ig \\.| i, Bl’V this valuable commission business; guaranteed to he doing a
• .'UU-SS per \ear, with a net profit of $12,000. Don’t take our word
f’ -‘ l ’ ' too good. But if you mean business, we will pav you a
P' ,1: ’ ! while you watch the receipts, shipments and price of goods, and
’t "• ' sfx you that it is as represented, you don’t buy or lose anything
i,; ■• ' ' "’k’ch we will pay you for. Is that fair? Any man with good
■ji,.!'. >. ! •>»• can make good. No information given out over the phone
WILSON BROS.
701 EMPIRE BLDG.
HOME SEEKERS
ARE YOU in the market fora home? if so. it will lie to your interest Io confer
with us at once. LISTEN! Do you own a lot anywhere in the city nr sub
urbs paid tor <»r halt paid for? If so. let us build a house on it to suit your ideas
and arrange terms like rem or easier. I louses we build range second to none in
point of workmanship, material and beauty. Ask our customers. Plans and
spe< iric-a• ions will cost you nothing.
Gate City Home Builders
REAL ESTATE AND BI ILDERS.
<O9 Third National Bank Building. Phone Ivy 3047.
THIS BEAUTIFUL BUNGALOW
3'
On elevated, level, shady lot, 50x200 feet, on Stewart avenue, Capitol View,
with tile yard, walk, concrete terrace steps, granite front and 6 rooms; will
make a delightful, cool, comfortable home.
House has living room, dining room, kitchen, three bed rooms with closets,
□ antry. china closet, hall to latticed porch, oak Vrantels with tiles and grates,
oirch doors, solid bronze hardware mission finish. No mortgage.
Small cash payment, balance monthly, and you occupy the place while pay
ing for it, and thus save you rent.
W. D. BE ATI E
OTH PHONES 3520 207 EQUITABLE BUILDING ,
MEH DROPS ON
BEARISH REPORT
Weather Also Tends to Lower
Prices Corn Advances.
Oats Irregular.
CHICAGO Aug 10.—Wheat opened firm
\ one , D.r.lfty with prices ranging from t
-.fnlc lower. Ihe August government
I? p 1 rl " as ,he maln bearish factor. 1
I rofit-taking by shorts and buying on
resting orders caused a slight reaction. •
( orn was off -q fa -g, at the start, but 1
4d. k sc of the loss was regained on profit -
taking. Ihe weather is more favorable !
ami the crop »s progressing.
Oats were s fi falc lower, mostly in sym
pathy with the other grains.
Provisions were main!} lower despite
the fact that hogs were higher at the I
>ard. Lard was the only exception and 1
that commodity ruled steady. , <
W heat was lower today and final prices
showed net declines ranging from 3 R c
and ’ic to R c. To the influence of a
bearish government report was added fa
vorable weather reports in both spring
and winter wheat territory and the ab
sence of export business.
< orn advanced ’ 4 c 10 V and showed
considerable strength, holding the best
prices fairly well.
Oats were irregular, final prices rang- 1
irg from ’#<• to ' 4 c lower to he higher,
with September the strong spot.
Provisions showed but little change.
1 here was an improved cash demand re
pc rted for both meats and lard
CHICAGO GRAIN MARKET.
FTev.
WHEAT 1 ’ H)Bb LoW Close. Close.
Sept. !‘1” 4 92’ 4 91\ 92 L 92 s *
Dec. 91 \ 92 91 "4 92 9‘>s*
■'’corn-* 95 96 b 95& "
Sept. 67% 68% 67% 68% 68%
[’<•<■ 54 54% 54% 54% 55
May 54% 54% 54 5454%
OATS—
Sept. 31 31% .io? 31% 3i%
Dec. .31% 33% 31% 3vi 32%
Ma> 34% 34% 34 34% 34%
PORK - 8
Spt 17.82% 17.82% 17.75 17.82% 17.85
Oct 17.82% 17.92% 17:80 17.92% 17 85
■ lan 18 35 18.45 18.32% 18.45 'lB 37%
LARD—
Spt 10.60 10.65 -0.57% 10.65 tO 60
Oct 10.72% 10.75 10.67% 10.75 10 67%
Jan 10.47% 10.47% 10.42% 10.47% 10 42%
RIBS
Spt 10.65 10.65 10.60 10.65 10.62'4.
Oct 10.57% 10.65 10.57% 10.65 10 60
Jan 9.72% 9.77% 9.70 9.77% 10.70
CHICAGO CAR LOTS.
Following are receipts for Saturday and
estimated receipts for Monday■
I Satti rd ay. I Monda v
"'heat | 167 I T78 —
Corn . : .116 104
Oats ...... ; 275 291
Hogs ..... . . 7. 000 _J _ 33.000
CHICAGO CASH QUOTATIONS.
CHICAGO. Aug. 10. Wheat. No. 2 red.
I 02'1(1.05: No. 3 red. 97®1.02%; No. 2
hard winter. 93%®96; No. 3 hard winter.
1'3(0 94%; No. I northern .spring, I,oo®
1.07; No. 2 northern spring. 99@1.05; No.
3 spring. 94® 1.02.
Corn. No 2. 75®75%; No. 2 while, 76%
®-77: No. 2 yellow. 76%®77: No. 3. 74®
74%£ No. 3 white. 761676%; No. 3 yellow,
76(676%; No. 4. 72®73: No 4 white. 74%
®75; No. 4 ye110w.77 1 •■ *?« 75' s .
(tats. No. 2. new. 30® 30%; No. 4.' new. I
31®32; Standard, new. 32%®:i3
LIVERPOOL GRAIN MARKET.
Wheal ili sec! %d to <d lower.
Corn closed %d to %d lewet.
THE ATLANTA GEOKGLAN AND NEWS, MONDAY. AI GL ST 12. 1912.
IIOTTON, LACKING
SUPPORT,REACTS
Market Rallies in Early Trade,
But Recedes on Weak
Cable Reports .
NEW YORK. Aug 10 Weak cables
and favorable weather conditions resulted
in the cotton market opening 3 to 8 points
lower today During the first few min
utes of trading a buying wave prevailed
and prices in the most active positions
rallied 4 to 6 points from the early range.
During the late trading of the short
session the market developed a quiet tone
with less active business. The buying
wave that prevailed during the early trad
ing seemed to check on tne weather map
indications for favorable weather over
Sunday for the larger part of the belt,
and prices had a tendency to sag. At the
close the market was steady with prices
showing a net loss of 7 to 11 points from
the final quotations of Friday.
range of new yor kput u«
1 i ' ’ c ' w i -• I « >2
t I “ J i • 2?
jo|z |sj | -jw| v auo
Au g? 11.. 67,]1.67 T1~67 11.67 11.60t62 11.71-73
Sept. 11.70 11.70 11.70 11.00 11.66-68 11.75-77
Oct. 11.80 11.89:11.80 11.81 11.80-81 U.KB-89
Nov 11.81-84 11.89-91
I >ec 11.89|1l 97 11.87 1 I.x St 1.87-88 I 1 95-98
•lan. 11.82 11.90 11.81 11.81 11,80-82 11.88-89
i 11.86-88 11.94-96
Meh. 11.95 12.02 11.92 11.92 11.92-93 12.00-01
Maj 12 C.> 12 05 1 2 01 12 01 12 00-02 12 08; 10
Closed steady
Liverpool cables were due 2 to 3 points
higher. opened steady 4 to 6»i points
higher Closed irregular to 2Vi points
lower. Spots dull at 8 points decline; mid
dling, 6.88; sales. 4.000 bales: American.
3.000; speculation ami export, 400; im
ports, 3,000; American, 2.000.
RANGE IN LIVERPOOL FUTURES.
Futures opened irregular.
Opening Previous
Range Close. Close.
Aug 6.73 -6.65 6.66 1 « 6.67
Aug.-Sept . . .
Sept.-Oct. . . .
Oct.-Nov. . . . 6.47 -6.39 6.41 6.43 U
Nov.-Dec . . . 6.42 -6.33 6.36 6.38
Dec-Jan. . . . 6.4 li 2 -6 34
Jan.-Feb. . . . 6.42 -6.33 l 2 6.36 6.38
Feb.-Meh . . . 6.43 -6.35 6.36 L, 6.38’ 2
Meh.-April . . . 6 44’0-6.35’ 2 6.37% 6.39’ 2
Apr.-Max . . . 6.42 6.38 640
Max-.lune . . . 6.44%-6.36% 6.39 6.11
June-July . . . 6.38% “ 6.381 2 6.40%
July-Aug . . 6.44 -6.40% 6.37%
Closed irregular.
HAYWARD <£ CLARK’S
DAILY COTTON LETTER
NEW ORLEANS. Aug. 10. Liverpool
showed surprising weakness toward the
close with futures about 5 points lower
than due: spots 8 points lower; several
cables said the decline was caused by the
rumor of an important failure in our jnar
ket. No one here knows of any failure
or even suspicion of one. The rumor is.
therefore, unfounded. The weather map
shows fair in Oklahoma, in western Ar
kansas and the Atlantic coast districts.
Generally cloudy elsewhere; good rains
in the northern half of Texas; also in the
western portion; no rain in the southern
half of Texas; general rains in the cen
tral ad eastern states; very heavy in north
Louisiana and heavy at many stations in
north Alabama. Georgia and South Caro
lina. Indications are for cloudy, unset
tled showery weather, except in the
northw’estern quarter of Florida, which
i may have fair xveather. Precipitation in
I the central and eastern states, except
i possibly in East Tennessee and North
;<’ar6lina. should not be as heavy as dur
i ing the past txvo days. Our market
j opened a little easier on the poor Liver
• pool, but selling was W’ell taken.
The demand came from shorts to coxet
! over Sunday and on the belief that rainy
1 weather in centra! states will bring dam
-1 age reports, and also in anticipate/ of a
j bullish crop report h\ ’('he -
< rai Monday. Further rainy weaCher il
ls thought might make the crop so late
that the filling of August and early Sep
tember spot comn>itniems many hold o<
advance spot prices which are already
considerably above future prices.
in reply to an inquiry, a well-posted
party in south Texas answers that rain
is needed from Taylor south, but no harm
yet New York did not encourage the
reaction idea, but became weak in the
last hour, w’hich led to a loss of all the
gain here, October selling back to 11.92.
McFadden interests xvere reported as
leading sellers. The weather over Sun
day will probably affect trading mate
rially early next week. Further heavy
and general rains would strengthen the
belief in damage and late crop, while
clearing weather would encourage selling
on anticipation of improving crop news
and an increase in early- receipts.
RANGE IN NEW ORLEANS FUTURES.
_ IjJjJjJjjl 0 | ll
Sept. 12.04 12.04 12.04 12.0-1 1 1.95 12.10
< let, 11.94 12.04 11.88 11.91 11.91-92 12.01-02
Nov 1 11.91 -93 12.01 -04
Dec 11.97 12.05 1 1.91i11.93111.92-93 12.03-94
Jan. 12.00 12.08 11.93 11.96 11.95-96 12.07-08
Feb. ... 11.97-99 12.09- 11
Mar. 12.09 12.20 12.06 12.06 12.06-07 12.19-20
Apr 12.09-11 12.21-24
May2_ 12.20 1'2.16-17 12 30-31
Closed steady.
SPOT COTTON MARKET.
Atlanta, nominal: middling 12" 8 .
New' Orleans, steady: middling 12%.
New York, quiet: middling 12.30.
Boston, quiet: middling 12.30.
Philadelphia, quiet: middling 12.55.
Liverpool, easier: middling 6 «B<i
Savannah, quiet: middling 12%.
Augusta, quiet; middling 13%.
Mobile, nominal.
Galveston, ouiet; mid<lling 12%.
Norfolk. jHuiet; middling 1.3 c
Wilmington, nominal.
Little Rock, quiet: middling 11%.
Charleston, nominal.
Baltimore, nominal: middling 12q.
Memphis, nominal; middling 13c
St. Louis, quiet: middling 12%.
Houston, steady; middling 12%.
Louisville, firm: middling 13r.
PORT RECEIPTS.
Tiie following table shows receipts at
i lie ports today, compared with the same
day las’
I 1912 191!
New Orleans. . . .1 54 275
Galveston I 1.076 1.509
Mobile 10
Savannah j 64 1.476
Charleston [ ... ’Bl7
Norfolk 79 706
Boston 39
Total. . ..... 1,322~ 4.873
INTERIOR MOVEMENT.
1 ’9ll.
Houston 2,080 5,283
Augusta ',4
Memphis 47 10
St Louis 100 m
Cincinnati. 23
Tctiil 2.345 5,356
COTTON MARKET OPINIONS.
A. Norden & Co "Another big <ro|)
is needed, and by no means assured
There will he many intermediate fluctua
tions. and with the uncertain ties of
weather conditions we do not < are at the
moment to express an opinion."
I.ogan & Bryan. "The present condi
tion of the market is one of danger to
the shorts in the event of adverse «roi>
news on account of its being heavilx
oversold."
Bailey Montgomery "We look for
enough buying on further derided neak
ness to cause frequent sharp rallies.
Thompson. Towle <\ Co.: With talk of
n% < ent cotton from prominent soutceg
i the market might <how Meadinr<- from
overwrought bearish expectation'
iFnews and GOSSIP I
Os the Fleecy Staple
i NEW ORLEANS. Ai;g 10.—Hayward &
Clark: The weather map shows fair in !
Oklahoma and on the Atlantic coast; |
[partly cloudy to cloudy elsewhere: good
l rains in northern half of Texas; also in '
i west portion No rain in south Texas. ;
I Very heavy rain in north Louisiana Gen- :
eral rains in central and eastern states; l
! heavy in Georgia. South Carolina and I
north Alabama.
Tiie idea prevails that The Times- I
. Democrat Monday max be bullish, and.
i combined with government forecast for
I more rains in central and eastern states.
■ leads to buying.
‘ Following from man at Shreveport:
. "Light rain continues failing, becoming
I quite serious. Bottom bolls will rot anti I
'worms will have full sway. - '
The following letter received late yes ’
| terday from our reporter, J. A. Kennedy: ! (
| "I am now w inding up my west Texas •
‘trip and will be in north Texas next p
week. I now estimate that 25 per cent of .
the entire west and northwest has been . ;
i covered by local showers during tiie past .
ten days. While all the lowland of that ;
| section is as dry as powder and the crop 1
.already cut short I find all the eoun 1 1
'try along the Texas and I‘acific railroad j
• i beginning at W eatherford and running .
‘2OO miles west is very dry and the crop
| is a partial failure, much of the section
. | covered requiring from 5 to 20 acres to :
produce a bale. |
"Central and north ’Texas has received .
a good rain this week, beginning as low
as Corsicana and Temple on the south,
and running into Oklahoma. This rain •
was badly needed and will he of great
. benefit to the crop over that section of the i
i state. Southwest Texas is still suffer-
: ing from a prolonged drouth, and 1 have
! i very tellable information that shedding is | <
[about as bad in that section as in 1909 ‘
i "I warn you not to accept exaggerated
[ rain reports with too much credence, as
• the tendency of many ‘real estate boom-
. [ ers is to give too much free information •
Hos an optimistic character. Some of the
[interior exporters are guilty of the same
’ fault."
| The New Orleans Times Democrat says:
I W hether scalpers buying in America and
i selling In Liverpool at the wide differ- .
{ J ence stopped the decline, or w hether short
: | sellers paused long enough to review the I .
J crop condith n effect of recent weather re- | .
mains to be seen. It is a fact, how- I .
ever, that new crop deliveries, after a|.
further dip, which carried New Orleans),
December to 11.86. regained some ’l7 | .
points by the close, and bulls accepted .
the reaction as proof that bearish en
thusiasm had run its course, and sup
ported the belief with telegiams saying
Texas is no showing anything like the .
• improvement the trade had been led to
expect by the multitude of bearish ad
vices sent out on the heels of recent
( rains in the west on the other hand, low <
price men frankly admited that reactions <
were logical after a decline of 150 points i
; from the season s high level, but per- i
• sisted in their belief that the trend of <
the market will continue downward, and i
, supported that belief with the fact that i
• Houston sold 7.450 hales of f <>. b. cot-i
ton. which, they claimed, clearly indi-J
rated the commencement of the new crop j :
movement in real earnest
J Following is the statistical position of
cotton on Friday, August 9. as made up '
I New York Financial ’’hronicle. ‘
J . This Last Last ’
‘I _Js£®®!£: Year. (
I . Visible aup’y. 2,304J06[ 27485,830! 1,6577372 I ’
• I American 1,455,106 1,618,830 764.372,1
In sight, w'k 61,604 52,948 53.846 | :
‘ i Since Sent. 115,333,71 S 15,272.112 11,810.510
I Port stocks . 212.9*8 228.269 140.965 h
‘ Port receipts 9.579 2,277 20,3051
Exports . . . 13.608 29.712 13,723 ]
Int. Receipts. 10.685 6.225 29,6 R»
! Int. shipm’ts. 14,937 17.824 29,2311
' Int. stocks . 94.832 98.904 95,788'
1
i STATEMENT OF WORLD’S
' VISIBLE SUPPLY FOR WEEK[
1 Secretary Hester’s New Orleans cottdn I
J exchange statement of the world s visi- j
j ble supply of cotton, majde up from spe
cable and telegraphic advices, compares
1 the figures of this week with lasi week,
last year and the year before, it shows
a. decrease for the week just closed of
187.797. against a decrease of 116,684 last |
year ami a decrease of 142.546 yetft’ before 1
: f ujiA ill - ;
. ] 485.475 last week. 1,625.163 last year and
| 1.653,516 year before last. Os this the to-I
I tai of A-mpFicatj coHoil is 1.438,675, against I'
j 1.597.492 lafet Week, 582,163 last year and
1.839.516 yeat; before last, and of all other j
, fkin'<fr.MnclH<ling'Egypt; Brazil. India, etc.. 1
t i Rs9.o.Hik-agajUisi 888.900 last week. 893.0(h» I
! ! lasi ’vear a-fm Bft.OQOF year before last
. | The total world’s visible suply of cotton.
, | as above, shows a decrease compared xvith
. ; last xveek of 187.797. an increase compared
with last year of 672.512 and an increase
• compared x$ ith year before last of 644.159.
<)f the world s visible supply of cotton,
as above. there is now afloat and
held, in Great Britain and continental Eu-
. rope 1.467.000. agaiyst 886,000 last year.'
and 812.000 y ear'bcfore last: in Egypt 44.- !
- 000. against 65.000 last y ear and 44.000 year
[ before last: in India. 496.000. against 463.-
000 last . ear and 509,000 year before last 1
ami in tiie Cnited States 291,000. against J
211.000 last year ami 289.000 year before i
last.
MOVEMENT OF COTTON.
The movement of cotton for the week '
ending Friday. August 9. as compiled
by the New York cotton exchange:
This~Yr~ Las 4 Yr 1
‘ Port receipts 9.580 20.266 j
■Overland t<» mills and
< Canada 739 1.361
’ Southern mill takings.
•i estimated 15.000 10,000
1 ; i oss of stock at inte-
'J rior towns 3.558 LOGS!
Brought into sight for
the week 23.761 32.692 1
’Total crop movement.
Port receipts 11.810,979 8.561.030!
< iverla nd ’to mills and
I (’anada 1.007.218 964,056 1
• Southern mi l takings.
I estimated 2,695.000 2,220.000
Stock at interior towns
I in excess of Sept. 1. . 3,164,000 40.357 !
Brought into sight thus
!££ * or sftasnn 15.510.033 11.785.14 J |
Added to receipts for season 1.388 j
WEATHER ”
_ _
CONDITIONS.
WASHINGTON. Aug. 10. ’The indica
tions are the disturbances over the Great
Lakes will move slowly eastward, and
cause a continuance of the unsetled and
showery weather over the greater part :
of the country east of the Mississippi '
liver during the next thirty-six hours.
'The temperature will not change mate
rially over the eastern half of the coun
try tonight or Sunday.
GENERAL FORECAST.
Following is the forecast until 7®p m.
Sunday:
Georgia Local showers tonight or Sun-
• day.
Virginia Showers tonight and Sunday. '
with not much change in temperature.
| North Carolina. South Carolina. Aly- i
Iba ma at d Mississippi Local thunder- ,
showers tonight « i Smidav
Florida Generally fait : except showers I
I in the extreme northern portion tonight .
or Sunday
; Louisiana laical showers Saturday;
j Sundax' fair
East 'Texas Generally fair Sat unlay [
and Sunday.
West 'Te?.a> Fair.
tiklahoma Fair
NEW YORK COFFEE MARKET.
Coffee qimtallons:
.January 12!»0</' 12.92 12.81*?Fl 2.’83 !
February 12 KVa 12.95
, March 12.90 12.79th 12.80 |
I \pril 12 9(l^/13.00 12.86<z 12.87 P
1 Mam 12 95 12 RR'o 12.89 |
’June 12 94
. I Jul' .... 12 94 12.R7'?/ 12.8 R !
• A ukusi .... 12.57'17 12 58
[September. .... 127?
• I I »ctobr* . 1 2 7R 12.70*17 12.71
J November HR’ ’! 7 <'o 12.75
’ ■ De 12.88 1 2 79
• ('lnsed steady Sale?, 41.5<»0 bags
COASTLINES®
SHOWS GOOD CAIN
Canadian Pacific Big Feature
of the Market—Grain Report
Has Effect.
By CHARLES W. STORM.
NEW YORK. AUK. 10.—Strength in
t anadian Pacific was the feature of (he
stock market ai the opening today. Can
adian Pacific opened here al 279. or 1 %
above Friday s closing It was one of
the strongest features of the London mar
ket. After the first five minutes of busi
ness in Ihe New York market irregular
ity developed and there were recessions
from the high range of the outset.
These recessions brought Reading. I n- I
ion F’acific, Great Northern preferred. Le-j
high. Amalgamated Coper and I'nited
States feteel back to a shade lower than
last night s closing. in the beginning
Steel was % up while gains ranging from
%®% had predominated throughout tiie
balance of the list.
The curb was quiet Americans in Lon
don were steady at parity.
TJte stock market closed strong; govern
ments unchanged; other bonds steady.
Stock quotations.
I I (Last I Clos.lPrev
STOCKS— IHighlLow.[Sale,l BidJCl'se
Antal. Copper.. 83 ' 82%i 83 83 82%
Am. lee Sec... 25 a , 25 : >, J">’ 4 25%
Am. Sug. Ref. 127% 121% 127% 1::7 1;7%
Am. Smelting 84% 83% 84', 84 8"%
Am Locomo. . 44', 43% 44', 13%
Am. Car Fdv . t>o% 59% lift 5 , 80' . 59
Am. Cot. Oil 53\ 55%
Am. Woolen 27 26%
Anaconda 41% 41% 41%»41% 11%
Atchison ... 109 108% 109 108%!|08%
A. C. L 148% 144% 146% '48% 144
Amer. Can ... 41% 40% 40% 40% to%
do. pref ' . . 119% 119%
Am. Beet Sug. .... .... ....I 71 70%
Am. ’l', and T. 146 145% 146 115% 14..%
Am. Agrieui 58% 58
Beth. Steel .. 38% )8% 38% 38% 38
B. R. T !■:■% 1'2% 92% 92% 1'2%
B. and (> .. luß% 107% 108% 108 07%
Can. Pat ifie 280 278% 280 27!'% 277%
Corn Products 14% 14% 14% 14% 14%
c. and O. . .. B|>, 80% 80% 81% 81
Consol. Gas . 148% 147', '148% 148% 147
Cen. Leather 27 27 27% 27% 27%
Colo. E. ami I 31 31 31 31 30%
Colo. Southern ...... 40
D and 11 .... 170 169 170 170', 168%
I'en. ami R. G. 19% 19% 19% 19%. 19%
Distil. Secur.. 32% 36%
Erie 36% 36', 36% 36% 37%
do. pref .. 54 5» 54 54% 51
Gen. Electric 182 182 182 % 182% 181 %
Goldfield Cons 3% 3%
G. Western 17% 17%
G. North , pfd. 143% 143 1 43% 143% 142%
G North. Ore. 43% 43% 13% 43% 43%
lut. Harvester . . . 123%
111 Central 13.: 131% 132 131% 131%
Interboro 20% 20%| 20% 20% 20%
do. pref 61% 60% 80% 60% 60%
lowa Central 11
K. C. Southern (26% 26 26% 25 26%
K and T .... 28',' 28 28% 28%' 27%
do. pref 61% 60%
I. Valley. 172% 172% 172% 172% 172%
1., anti N . 165% 164 165% 163',
Mo Pacific 38 37% 38 37% 37 %
N. V. Central 119% 117% 119 118% 117%
Northwest. . . 112% 141% 142% 1*2% 141%
Nat. Lead 59% 59
N and W.. . 119% 118', 119 119 118
No. Pacific. . 131 I 2" 7 « 130% 130% 129%
and W . . 32% 32% 32% 32%
Penn. . . i::3% , 123% 123% 129%
| Pacific Mail 32% .. % 32% 32% 32%
I’. Gas co. . 118% ns IIS', 118 1.17%
P Steel Car . 37 37 37 36% 36
Reading. . 172% 171 % 172% 172% 171
Rock Island . 26% 23 26%' 26% 26
do. pfd 52% 51%
It I. and Steel 38% 28% 28% 28% 28
do pfd.. . . 89% 88% 89% 89% 88',
1 S.-Sheffield 56% 56
I So. Pacific. . . 112% 111' 2 112% 112 'lll%
So. Railway . 30% 29% 30% 30% 29%
do. pfd . . . 77% 77% 79% 79% 79%
St. Paul. . . 109%i108%:i09%'109% 108'%
I Tenn, copper 427, 42%' 42% 42 41 %
I Texas Pacific . 23 23 > 23 22% 22%'
I Third Avenue 36 36 3(1 36 .26
I nion Pacific 173% 171% 173% 173% 172%
c. s. Rubber . 51 % 51%
I tab Copper 62 61% 62 ' 61% 61’,
I S. Steel . . <2% <l'B 72", 72’, 71%
do. pfd. . . ’12% 112% 112% 1 12% 11!'% I
v.-c. ('hem .' 48 48 48 48 % 48% I
West. I nion . 82 81 % 81% 81% 81%
Wabash. . . 4 % 4 %
do. Pfd. . . 14% 14 I
W Electric . . 89% 88% 89 88', 88%
Wis. Central 61 60 ’
W Maryland .. . , .. 1 57% 58
Total sales, 262.000 shares.
U. S. STEEL STATEMENT.
The I’nited States Steel corporation ini
Heir month!.' statement places the un-t
filled tonnage at 5.957.079 on July 31,
acaipst 5.807,346 tons on June 29, an<l 5.-!
750.98.2 tons on May 31, compared with j
3,584,085 tons on July 31, 1911.
■
MINING STOCKS.
■ " ■ ——
B< >Sft >N, Aug. 10. Opening: Shannon,
117: Green Cnnanea, 10: Zinc. 31: Fruit,
! 192: Lake. 65%.
LOCAL STOCKS AND BONDS.
Bid Asked
, Allanta <?• West Point R R ..740 145
' American Nat Bank 220 225
Atlantic Coal g- Ice common 100% 101
! Atlantic Coal A Ice pfd 90 " yj
[ Atlanta Brewing & lc- Co .. 170
1 Mlanta National Bank 325
; Broad Rlv Gran Corp 25 jo 1
do pfd 70 72
I Central Bank A- Trust Corp. ... 147
I Exposition Cotton Mills 150 455
' Fourth National Bank 265 270
Futon National Bank |2" jjj
Ga. Ry. & Flee, stamped. .. 12s 727
Ga. Ry. & Power Co. comtnon 28 30
do. Ist pfd 81 85
do. 2d pfd 46 47
; Hillver Trust Company 125 127
Lowry National Bank. 248 250
Realty Trust Company 100 105
Southern lee common 68 70
The Security State Hank.... 115 120
Third National Bank 230 235
Trust Company of Georgia . 245 250
Travelers Bank & Trust Co .. 125 126
BONDS
Atlanta Gas Light Ist s . 102
: Broad Rlv Gran Corp Ist 6s 90 95
1 Georgia State, 4%5. 1915, ss. 100% 101'!
Ga. Ry A Elec Co 6s 102'. 104
Ga. Ry. A Elec ref 5s ion 101
Atlanta Consolidated 5s 102%
Atlanta City 3%=. 1913 91 ' 92
Allanta Citv 4s. 1920 98 99
Atlanta City 4%5, 1921 102 103
x-Ex-rights.
NEW YORK BANK STATEMENT.
NEW YORK. Aug. 10. The weekly j
istalerno’t of the New York Associated |
■ Batiks shows the following changes
Average statement:
Exc<-s '-ash reserve. $21.'3t;.000 In- 1
' < tease 81.184.750
I Loans deet'.-ase $1,351,000.
Specie Im t ease $2,633,001'
Legal tenders decrease $1,820,000.
Net deposits decrease $3,221,000
circulation decrease $650,000
\ctual stateuieni .
Loans increase s93s.'tod
Specie Increase $3,475,001'
Legal tenders decrease $1 *>3l "00.
Net deposits increase $3,8!'4,000.
Res* rve increase $389,300
LIVE STOCK MARKET.
CHICAGO. Aug Hogs Receipts
7.000. Market s<* higher. mixed and
butchers. ST 35'7/8 to good heavx. s7.7o<h
8.20. rough beaxx. $7 light. $7.70
pigs. s6.fis*h7 fiO. bulk.
< attic Receipts. 200 Market steadx .
beeves. sK.so<lt 1 o 25. • -"ws an«l heifers,
?2. Hockers and feeder*. '
700 Texans, $6
Sheep Re«e p’s. 5.000 Market neak;
ipt ' r and We irrn,
W 5 MARKET OPENINGS
COTTON.
Xl<\V YORK. Aug 12. Favorable
vxeather conditions over the entire belt
Sundax caused a depressing effect upon
the cotton market today on the opening
xvith first prices showing a net loss of 10
10 25 points from the final figures of Sat
urday. After the call the selling became
general while the buying was moderate
.“.nd scattered.
Futures in Liverpool steady;' spots
easier in limited demand.
NEW YORK.
’' ■ 'll- 'll cotton I '
111:001 I’rev.
K>pen|High|Low 1.VM.1 Close
August . . 711 .50 11 .50 11 ~'<7 11.57 ILHii..; ■
September 11.56 11.56111.5611.56 11 66-68
October 11.65 11.65111.55'11.55 11.80-81
November 11.81-84
Hecembe*- II 66 11,6!t 11 .58.11 .63|11.87-88
Junuary 1L 55 11. 55 11.50 11 .54 11 .80-82
.lehrmtr.' '11.86-88
March . . 11. 70 11 .72 11.62 11 .07 11 92-93
j MIIV ' -11.8:: 11.82 11.75 11 .75 12.1'0-02
NEW ORLEANS.
Quo ations in cotton futures:
j j II "PrevT
|Open|High|Low.lA.M.| Close.
August . . . 1i.77 11 .77 11 77 11.77 11.97
September 11.71 11 .77 11 .71 11 .77 11.95
October . .11.6111.70 11.6111,65 11.91-92
November '11.91-93
I tecember . 11.63 11 .70 11.63:1 1.63 11. 92-93
January . 11.69 11.73'11.6911.70
February 11.97-99
March . . .11.7811.7811.7611.7612.06-07
April 12.09-11
Max . . 11 .!»2 II 11,92 11 . !>2 12.16-17
ATLANTA LIVE STOCK MARKET.
(By W. H. White. Jr., of the White Pro
vision Company.)
Quotations based on actual purchases
during the current week;
Chmce io good steers. 1,000 to 1.200. 5.23
<f/6.50: good steers. KOO to 1.000,
medium Io good steers, 700 to 850. 4.75<hi
5.75; good to choice beef cows. 800 to 900.
4.256/ 4.75; medium to good beef cows, 700
to 800, ' >■> '! ' 25; good to < hoice heifers,
750 to 850. medium to good
heifers, bSO to 750, 3.75fg4.50.
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 00ftz4.50; mixed common cows, if fat. 500
to &00, ,3.50^-4.00: mixed common bunches
to fair. 600 to 800. good butch
et bulls, .3,00 fa 3.75.,
Prime hogs. 100'to 200 average. 7.50 fa
7.75; good butcher hogs. 140 to 160. 7.25 fa
7 40; gotxi butcher pigs. 100 to 140. 6.75 fa
7.25; light pigs. 80 to 100. 6 00ff1J6.75; heavy
rough hogs. 200 to 250, 7c.
Above quotations apply to corn fed
hogs. Mash and peanut fattened hogs.
I / i 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
xvith a tendency to lower values on me
dium and grass stuff.
Commission men look for a fair run
of cattle for the next few weeks, but
present receipts do not indicate that the
quality of range stuff is as yet up to
standard.
Lambs have not been coming so free
ly. quality nnt so good as earlier in the
season. A few loads of-Tennessee lambs
wore on the market this week, and sold at
from to a; lower and were considered
high for the reason nf their inferior qual
ity
Hog receipts moderate, market steady to
1 4 higher on all grades.
——l.
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 I
I Solicited I
r ——2;
I An All-Around Saving
A TREMEN DOI’S SAVING IN
IV work, time and money can be
achieved by establishing relations with a
strong, reliable bank that will afford yon
the maximum of banking service.
Such is the service which the ATLAN
TA NATIONAL BANK renders its pa
trons. This institution is the oldest na-
* tional bank in the cotton states. Its his
tory records a continued increase in As
sets and satisfied Depositors, the former j
now amounting to nearly TEN MILLION
DOLLARS, ami the latter numbering,
approximately, 11.000. >
Wouldn’t it be to your interest to do
business witii such an institution?
Atlanta National Bank
IC. E. CURRIER, JAS. S. FLOYD. J. S. KENNEDY. I
President. Vice President. Asst. Cashier. 3
F. E BLOC£, GEO. R, DONOVAN, J. D. LEITNER. y
Vice President. Cashier. Asst. Cashier.
11l —1
STOCKS.
By CHARLES W. STORM.
NEW ORK. Aug. 12—The favorable
character of news concerning the crop
and Industrial outlook published today
caused a steady opening in the stock mar
ket and material gains were scattered
throughout the list. Good gains were
made by many of the leading railroads
and industrials and firmness was also dis
played in the specialties group.
•Xtnong the initial advances were the
following: Steel common %, Amalga
mated Coper %. Erie common %. Balti
more and Ohio %, Reading %, Union Pac
ific %. Misotiri Pacific %. Canadian
Pacific %, Southern Pacific %. The de
clines were inconsequential. "There was
< .nsiderable activity at the outset, but
at the end of fifteen minutes trading be
came a trifle slower.
The curb was strong Americans in
London made gains over New York par
-1% and reflected a confident tone.
NEW YORK STOCK MARKET.
i j j r ti j’y>
STOCKS- :Op'n IHighlLow.lA.M.lCl's*
Imai <!opt • ■ $3 < 83 1 . "83% 83% 83
Am. Smelting 84% 85% 84% 854. 84
A Locomotive 14% 44%' 44%' 4f%' ....
A. Foundry 60% 60% 60% 60% 60%
A OH 54% 54% 54% 54% 53%
Atchison 109% 109% !09%109% 108%
A. c. Line . . 147 147 147 '147 |146%
A. U. Sugar 71', 71.%' 71% 71% 71
B. U. Transit 93 93 93 93 ! 92%
B. and i i. . 108', 108% 108% 108% 108
'' Pacific . .280 280% 280 280% 279%
'■ and o . . 81% 81% 81%! 81’, 81%
' onsol Gas. . 14!*'-. 149'.. 149% 149% 148%
C Leather 27% 27% 27% 27% 27%
C. F ami Iron 31% 31% 31%l 31% 31
I*, and IL G . 20% 20'% 20% 20% 19%
<l. North., pfd. 113 , 143% 143% 143% 143%
Interboro. 20% 20% 20% 20% 20%
K and T.. 28% 28', 28'- 28% 28%
Lehigh Valley. 172% 172% 172% 172% 172%
L A- N. . . 166 166 166 16
Mis. Pacific . . 38% 38% 38% 38%; 37%
N. Y. Central. 19% 119%■ 119% 119% 118%
N'western. .143 143 143 1143 '142%
Nor. & West.. 11'*% 119% 119% 119%:119
Northern Pae. 131% 131% 131% 131%130%
Peoples Gas . 118'., ’lB% 118% 118 118
Pressed St Car 37% 37% 37%' 37%' 3«%
Reading . . 173 173 172% 172% 172%
Rock Island 26’. _«% 26% 26% 26%
Hep. I A Steel 28% 28%. 28% 28%: 28%
South. Railway 30% 30% 30% 30% 30%
South. Rv. pfil 80% 80%' 80% 80%' 79%
•St. Paul . . . 107 107 107 107 109%
I’nlon Pacific . 173'.. 173%173%1173%173'i
I’. S. Steel . . 73 " 73 72%i 73 ' 72%
"’Amuse El p< ’ **B% 89 88%I 89 | 88%
•Ex. dividend 2% per cent.
GRAIN.
CHICAGO GRAIN MARKET.
Gram quotations:
• 'pen. High. Low 11a.m.
WHEAT
Dee. ... 92 92% 92 92%
May 95% 95% 95% 95%
Ct >RN
Sept. . . . 69 69 69 69
Deo. . . 54'- 54% 54% 54%
May 54% 54% 54% 54(4
< (ATS—
Sept 31% 31% 31% 31%
Dee. 32% 32% 32% 32%
Mav 34% 34% 34% 34%
Pt >RK -
Oct. .17.97% 17.97% 17.95 1.7.95
Jan. . ,18.45 18.45 18.45 1.8.45
LARD—
Oct. . .10.77'2 10.(7% 10.(7% 10.77%
RIBS -
Sept. . . .10.67% 10.67% 10.67% 10.67%
If you sent a letter or telegram to the
wrong address, yon would hardly expect
an answer, would vou? The same is true
w hen ion select the wrong medium to
1 have all your wants filled Try the right
way The Georgian Want Ad way.
13