Newspaper Page Text
NOTICE TO THE PUBLIC.
John H. James, candidate for Rail
road Commissioner, claims Mr. Gray
should not be nominated as he has a
good position in Savannah and because
he only attended 21 meetings out of 42
in the last six months. James is a Ma.
•on and a Baptist; Gray is a Catholic.
James favors building new railroads all
over Georgia. James was a banker 43
years, now retired. He is used to big
things and knows as much about the
commission as any one. »•*
Buy Your Engagement
Ring or Christmas
Diamond Now on De
ferred Payments
You can save fully $25.00 per
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We shall have to advance prices
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then you can get the benefit of
the old prices.
You can buy a Diamond from
us for only one-fifth cash. The
balance can be distributed over
ten months. Only six per cent
simple interest is added to the
amount deferred.
Selections sent on approval
anywhere by prepaid express.
Call or write for booklet,
"Facts About Diamonds." it
quotes net prices and gives full
details. <
Maier £? Berkele, Inc.
Diamond Merchants.
31-33 Whiteha'l Street
Established 1887
Diamonds For
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A piece of fine diamond
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We should like to show
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UEWELEiy - 37 WMrTEHOU6 -IT.
IpvO you hav& to paint
your houses and barns
in order to keep them look
ing well, and properly pro
tected from the elements?
(food paint, properly ap
plied. should last three, four,
or even five years, and dur
ing- this entire time it will
give more protection and a
better appearance than a
cheap paint will afford three
months after it has been ap
plied.
When you paiilt use the
best you can get. Anything
less than this is poor econ
omy.
Paint wisely.
Georgia PaintS Glass Co
35-37 Luckie Street.
Branch 54 X. Broad.
3 I *1 f
To Manage Your Affairs
TS the Ilillyer Trust Co., prepared to manage my affairs for
1 me while lam absent from home! Yes; the trust de
partment of the bank is equipped to manage your propertv,
collecting rents, interest, dividends, etc., and remitting the
proceeds or crediting your account, or investing the balance
as you may direct. No amount too large or too small.
HILLYER TRUST CO.
Hillyer Trust Bldg. Atlanta, Ga.
TWS ■£! OPENINGS
COTTON.
NEW YORK. Aug. 15.—With prices un
changed to 2 points higher the cotton
market opened quieter today. Trading
was light at the offset upon absence of
news having a direct bearing upon the
market or weather conditions. After the
call there was a strong upturn which
'I carried prices up about 10 points above
' Wednesday’s closing.
Spot was steady in Liverpool, while fu-
I tures there were firm.
YORk.
I Quotations in cotton futures:
111:001 I’rev.
Open High Low AM. Close.
August 11 .36-38
September . 11.38 11.38 11.38 11.38 11 .36-38
October . . 11.52 11.65,11.62 11.62 11.52-53
November i 11.54-56
December . 11.60111.73111.60 11.69111.59-60
January . .11.55 11.67 11.53 11.61 11.53-54
February . . 11.64111.64 11 .64 11.64 11 .59-60
March ... .11 .70'11 .79 11 ,6S 1 1.77 11 .65-66
May 11.78 11.85 11.78 11.85 1 1,73-75
new Orleans.
Quotations in cotton futures:
11:00 I’rev.
'.’pen High Low A M. Close.
August . — ll.BB
September .. . .: \ .....'ll 76
October . . 11.67:11.81:1.1.67111.79'11.70-71
November ‘..,11.70-72
December . 11.71'11.82 11.70 11.78’11.71-7:
January . . 11.73'11.85 11.73 1>.84 11 .74-76
February . ...I ... ,\ 11.76-78
March . . .11.86'11.96 11.84 11.95 11.85-86
April .. ..: .... 11.88-9"
May . , , .' ..,,: .... I ...,! ~,, 41.95-96
It was back in the olden times that they
had to have a person go crying it out if
any one had anything to sell or wanted
to buy, or to notify the people that so and
so had lost this and that. The way was
the only one available. It's different now.
Your, wants can be told to an audience of
over 50,000 in this section through a Want
Ad in The Georgian. No matter what
your want is an ad in The Georgian will
fill it for ygu. Georgian Want Aus buy,
sell, exchange, rent, secure help, find lost
articles and countless other things.
The best Want Ad days in The Geor
gian are Monday, Tuesday. Wednesday.
Thursday, Friday, Saturday. Try them
ALL. The results will surprise you.
I
I SUMMEH FOODS OFTEN •
| CAUSE DYSPEPSIA •
® «
c Their Effect on the Digestive Or- c
o gans Responsible for Many •
• of the Season's Ills. ®
i; :
Summer should be the period of per
fect health, but impure water and milk,
unripe fruit, and the tendency to in
dulge in acid foods and iced drinks,
produces a contrary condition in many
people.
The effect of the average summer diet
is to constipate even normally regular
bowels, and this results in disarranging
the entire digestive system. When the
bowels are choked with the stomach’s
refuse, indigestion is almost sure to
follow, and the waste matter that
should pass out through the bowels,
not finding passage, ferments in the
stomach and the poisons are forced into
the blood, causing much distress and
often serious illness.
To keep the bowels free, there is no
more effective remedy than Dr. Cald
well's Syrup Pepsin. This is a pleas
ant-tasting bowel stimulant and laxa
tive tonic that is very gentle in its
action, bringing relief in an easy, nat
ural manner, and without discomfort.
A spoonful of Syrup Pepsin will quickly
check summer diarrhoea by cleansing
the bowels and removing the foreign
matter that irritates and inflames the
tissue.. It is sold in drug stores for
fifty cents a bottle; a large family size,
considerably more than twice the
quantity, costs a dollar. If you have
never used Syrup Pepsin anil would
like a free trial bottle, pbstpaid, write
to Dr. W. B. Caldwell, 406 Washington
St., Monticello, Illinois.
Faculty of Artists
Offers superior advantages in all
wlwl w branches of Music, Oratory and Lan
("TypS guages. For full information address,
J- O. STAKELY, Sec’y.
NsS 7 * Peachtree ani Broad Sts. ATUNIA. GA
If the party who took gold H
and pearl handle umbrella L,
from Marietta and Decatur H
V car August 14 will return to B
■ The Georgian no questions B
will be asked and trouble may B
be averted.
HID
Prevents Unpleasant
Perspiration Odor
Does Not Clog
Restrain
or Injure
Large Porcelain Jar 25c
FOR SALE BY
All Jacobs’ Stores
AND DRUGGISTS GENERALLY.
THE ATLANTA GEORGIAN AND NEWS. THURSDAY, AUGUST 15 1912.
STOCKS.
By CHARLES W. STORM.
NEW YORK. Aug. 15.—Canadian Pacific
took the leadership of the stock markei
at the opening today, having a bull move
ment in this stock In London on report?
jf expected new rights for the system
This issue opened here at 281% after hav
ing closed last night at 280%.*
The tone at the outset was firm, tin
market showing no bear effect from tin
passage of the steel and wool bills i>\
the house over President Taft's veto. An
other cause that Wall Street held panic
responsible for the good tone was the pub
lication of bumper crop reports with, the
resulting conclusion that railroads wuuh
need further equipment to handle the
grain traffic. Steel common opened un
changed, but quickly moved up %. Stee
common opened unchanged, but quickie
moved up %. Steel preferred also i s
Among the other gains were Amalga
mated Copper *4. Erie common ’ 4 . Balti
more and O. 4s. Atchison ' s . 1 ehigh Val
ley %. Missouri Pacific ’ 4 and Southern
Railway %.
The curb was strong. Americans It
London showed strength with the Erics :r
best demand. Canadian Pacific rose or
reports of the acquisition of highly bene
ficial privileges.
Two reasons were advanced for strenftl:
of Eries in London. One was that th<
first preferred is to be put upon a 4 per
cent dividend basis, and the other that in
terests allied with the Canadian Pacific
are buying the stock.
NEW YORK STOCK MARKET.
i j F ill rdd~Prev.'
lOpenlHlgh Low A.M. Close.
' Amal. Copper 85% 85% Bf>%i 85". 85",
A. C. Foundry 61% 61% 61% 61% 61
Anaconda . . 43% 43% 43% 43' • 13'
Am. Ctm. ... 41 41% 41 41 % 41
B. Steel. . . . 39% 39%’ 39% 39% .39%
B. and 0.. . .!109% 109%. 109% 10'9% I)j%
C. Pacific . . . 281281 % 281 % "81 L 28 i",
C. and 0.. . . 83% 83% 83%' 83% 8:1
Consol. Gas .147 147 147 147 147%
C. F. and Iron 32% 32% 32% 32% 32%
£ r| e. 38 -4 38%! 38% 38%. 38'..
North., pfd. 143 143 143 143 1 42",
G. North. Ore., 47 47 :16 % 47 I'D.
Interboro. . . 20% 20% 20%| 20% 20’*.
Lehigh Valley. 173% 173% 173% 173% 173%
J;-.* x 169% 169% 169% 169%
Missouri Pac. . 39% 39% 39%J 39% 39%
N. Y. Central 118% 118%11,8",*1 u% 118%
North. Pacific. 131% 131% 131% 131% 131%
Ont. * West. . 33% 33% 33’.. 33%
Pennsylvania . 125 125 125 " 125 ’ 124",
Reading . . 172% 17-% 172% 172% 172",'
Rock Island . 27% 27% 27%, 27% 27%
Rep. I. * S. . 90% 90% 90% 90% 90%
South. R'way.3o% 30% 30% ' 30% 30%
St. Paul . . . 109 109 109 I"'.' 108%
Union Pacific.. 173% 174 173% 173% 174'-
1 tab Copper. . 63% 63% 63'.. 63'., 6::\
V. S. Steel . .'74% 74% 74 * 74 * 74
1 . S. Steel pfd.113% 113% 113' 11::'.. 'i•
Va.-Car. . . ,| 48%' 48% 18% 48% 48%
Western Union 1 , 84 ,$4% 84 84%: 83%
GRAIN.
CHICAGO, Aug. 15. —Wheat showed ad
vances of % to % early. The strength
was on advances of %d at Liverpool be
cause of additional rains in the United
Kingdom and the checking of harvest op
erations in'that country. Rains were re
ported in the Southwest, and this will re
tard threshing in some sections.
Rains needed in the Southwest causes!
a further price setback in corn early,
losses being from % to %c.
Oats were unchanged to a shade bettea
in sympathy with wheat.
Provisions were firm and unchanged.
CHICAGO GRAIN MARKET.
Grain quotations:
WHEAT ° Pen ' High ' Low. 11 a. m.
Sept.... 93 93% 93 93',
Dec. .. . 92% 92% 93% 92%
May .. . 96% 96% 96% 96 r,
CORN—
Sept. . . 70% 70% 69 69
Dec. .. . 54% 54% 53% 53%
May .. . 53% 53% 53% 53",
. OATS—
Sept. ... 31% 31% 31'.. 31%
Dec. .. . 32% 32% 32% 32'"
M l\rd- 34% ;i4 • 341/4 34
Sept. . . .10.87% 10.87% 10.87% 10.87%
Oct. . . .10.97% 10.97% 10.97% 10 97'.'.
Jan. . . .10.80 10.80 " 10.75 " 10Y5 *
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 1200 ", 75
@6.75; good steers. 800 '.. 1 00a a 254/5 75-
medium to good steers. 700 to 850. 4 757/
5.25; good to choice beef cows. 800 to : 00
4.50@f4.75; medium to good b< es cows 7<ui
to 800. 3.75® 4.25: good to .choice heifers.
700 to 850, 4.004(4.75; medium to good
heifers. 650 to 750, 3.757/4.50.
The above represent ruling prices on
good quality of beef cattle. Inferior
grades and dairy types selling lower
, ?U xe< J com mon steers, if fat. 700 to 800.
4.00® 4.50; mixed common cows, if fat. 600
to 800, 3.50@4.00; mixed common bunches
to fair. 600 to 800. 2.754( 3.50; good butch
er bulls, 3.004(13.75.
Prime hogs, 160 to 200 average, 7 757/
8.25; good butcher hogs. 140 to 160 7 50'0
8.00; good butcher pigs. 100 to 140,’ 7 00'e
i.nO; light pigs. 80 to 100. 6.50® 7.00- heavy
rough hogs, 200 to 250, 7.00@i7.50.
Above quotations apply to corn-fed
hogs. Mash and peanut fattened hog*
l@l%c lower.
Good run of medium cattle in card this
week, although the supply of strictly good
beef is short. Several mixed loads of
Tennessee cattle were among the arrival
first of week. A few good steers wer.
selected from these cars and brought the
top prices for this week.
Grass cattle are coming more plentiful
from local points; quality not yet up to
standard. ('wing to heavy rainfall this
season the grass has contained too much
moisture and grazing cattte are not yet
Market is considered strong to % higher
on better grades and about steady on
medium stuff. Light and common cattle
are slow sale at %tft% pnder quotation of
a week ago.
Lamb market about steady, supply
normal and quality continues fairly good
Hog receipts moderate; market’strong
and higher.
DAILY WEATHER REPORT.
ATLANTA, GA.. Wednesday,'' Aug 14
Lowest temperature 71
Highest temperature YY .’ 90
Mean temperature jut
Normal temperature
Rainfall in past 24 hours.
Excess since Ist of month, inches 0 31
Excess since January Ist, inches 16.84
REPORTS FROM VARIOUS STATIONS.
~ I, iTemperature it'Yall
Stations— ! Weath. 1 7 Max. 24
I 'a. m. 'y'day. ’hours.
Augusta Clear ?8 . . — / %
Atlanta ‘Cloudy 72 90
Atlantic City. Pt. cldy. 76 82 . "
Anniston .... Clear 74 88
Boston Cloudy 80 88 1
Buffalo Cloudy 68 86
Charleston . ..(Clear ! 78 90
Chicago 'Clear 70 86
Denver Clear 1 56 8; '
Des Moines ... Clear 64 84
Duluth Pt. cldy. 58 76 I Y
Eastport 'Cloudy 56 64
Galveston ... Cloudy 80 88
Helena Clear 50 78
Houston Cloudy ' 76
Huron Clear 50 82
Jacksonville . 'Pt. cldy.’ 76 90 I<i
Kansas City.lClotidy 70 88 04
Knoxville ....'Clear 72 88
Louisville .... Pt. cldy. 70 88 .24
Macon Clear 76 ;»o
Memphis Clear 76 90
Meridian Clear 74
Mobile 'Clear 78 ao 04
Miami •. Cloudy 84 90 6'
Montgomery Pt. cldyA 74 88 ’
Moorhead . Pt. cld) 51 78
New firleans. Pt. cldy 76 90
New York . ... Pt. cldv 7? 86 '
North Platte Pt. cldy 58 84 '
Oklahoma . . Cloudy 72 90 I Y
Palestine ... Pt. cldy. 76 aj
Pittsburg .. Clear 7:' 80 O'. '
P'tlund. Oreg Pt 1 Idy 58 ao
San Francisco Cloudy 58 62 '
St. Louts Pt. cldy. 70 92 ' fa i
St Paul 'Clear ,'6O 78 '
S latke <*lty cloudy 72 '.2'
Savannah Pt <ldv 71
Washl: Ki.." (Hou ly f ”4 8g (oi
C I‘. A' li HlillllMANN, Sn':..n Etriictor
SOUTHERN MILLS
MErara
Textile Interests Among Best
Buyers—Covering by Shorts
Causes Good Advance.
Nr.\\ lORK, Aug. 14. Firm cables
caused the cotton market today to open
unchanged to 2 points better than Tues
day s closing prices. After the call the
matket weakened on favorable weather
; " ndiiiens. which caused an unloading
na. ventent by 1 mg... and prices had a ten
dency to sag lower Most active posi
tions declined aggregate of 6 to 11 points
; from the early prices.
Shorts covering during the late fore-
■ on ,um afternoon trading gave the mar
ket ,-i steady tone, and prices quickly de
veloped an upward movement and the
'■mite earlj decline was soon gained. The
11 et-ember option <iisplaved the must i
, strength This option rose from 11.28 to |
11 ;>x. (ictober ami January followed the
a<i\anc*' moderately. Sdme Southern mills I
"ere reported to havb put in their ap-i
leuram-.' and were among the best buy-]
< i s throughout the day's trading.
Hutton A, (".! issued their monthlv re
, p«»rt today at nocm on the condition of I
! <T<)p, placing their figures
la’ i4 iUamst 78. r, last month, showing'
a decline in conditions of .08 per cent. *
xvifV clo ? e ~H ‘ mark< : was steady,
; Il ‘,\ I,ri ‘.‘ , s showing a pet advance of 17
to u points over the final quotations of
I uesday.
RANGE OF NEW YORK FUTURES.
jSr tc iIfI a*l £ it*
X ~ ! ° W* I u £
o', 4 , J - I 1 '!- il li ll l:: 1 1 11.19-21 1
v I 1 *•-" 11 I '■ 11-35-36 ■
11 "’ 6 1 '■■"’ ' L'M' 1 1.54-56 11.37-3 H
p. .Y491Y65 11.Y3
Closed steady, » j
Liverpool cables were duo lb'-4/12'..
points burlier. Gpetied firm ai'll’il'l!
points advan. At 12:15 in. the mar- '
Kot was steady at a net advance of 14"i16
pomts. cotton qu’. ; al 11' points ad- |
vance; middling 7.62. sal. - 5 006 bales in- ,
eluding 4.090 American. ’ I
■y ’bp c ’R’ se the market was steady I
with prices a net gain of 5% 7'4 points I
over the final figures of Tuesday.
RANGE IN LIVERPOOL FUTURES,
rutures opened firm.
Range. 2 P. Al. Close. I’rev. I
Opening. p rcv .
Aug. . . .G. 18 -G.50 6.51 6.42 1 - 636 '
Aug.-Sept .(,.42% 6.44 6.35 " 6.27%
Sept.-< let. 6.26 -i;.:;ii 6.31 6.22',.. 6.17% I
Oct.-Nov. 6.22 -6.25% 6.26 b, 6.17% 6.10rn.
Nov.-Dec. 6.17%-6.20% 6 21 " 6 12 ’ 6 05 "
Dec.-Jan. 6.17 -6.18% 6.19'.. >ll2 606 I
Jan.-Feb. 6.18 -6.2'1 " 6.21'" 6.12%
Feb.-Meh. 6.18 -6.21 % : m (y iiji,"
Meh.-Apr. 6.20 -6.22 1 -. 623 " 6 14'” 6 OS l '.
Apr.-May 6.2'1 %-6.2i6 25 6.15% 1609'."
May-June 6.23 -6.22 ’ 6.25% 6 16% ”• I
June-July 6.22 -6.23% ” 6.16 "* Y
Closed steady.
HAYWARD & CLARK'S
DAILY COTTON LETTER;
NEW ORLEANS, Aug. 14.—The English i
market fully met the recovery on our side
and. according io the above cable, ap- ■
pears ready fui further recover.-, in easel
crop news should become unfavorable.
V> eatber develo).merits over night were. ;
however, distinctly favorable. Tempera- |
lures are normal throughout the belt.:
ami the map shows some precipitation in*
extreme west Texas and .56 at. Galveston, I
also some precipitation in North Carolina
where moisture is needed. Indigatiuj,is are. I
for unsettled, rainy weather coming in |
'Texas and Oklahoma, partly cloudy: pos- i
sibly some isolated showers elsewhere,
followed by generally unsettled, showery
by Friday night.
In regard to the market the first effect !
of rains in west and south Texas would
probabl.v bo sentimentally bearish, as it I
would relieve the.lotig . x-pectation of rain
there, but the second effect would be bulk
isb. as rains would interfere with picking)
and the movement and tbe trade depends
on south Texas for its August cotton. I
Furthermore, a wet spell in the central;
and eastern states would not be welcomed
outside of North Carolina and might lead
to insect c.omplaints or damage and might
give rise to tbe idea of delav in crop
movement. The market has, therefore,
much to consider in regard to weather.
The market op< tm,l w ill unchanged fig
ures dropped about 12 points on the gov
ernment forecast of showery weather in
west Texas, but soon recovered. There
was a better feeling and good buying on
dips probably coming from trade sources. |
RANGE IN NEW ORLEANS FUTURES.
££? • I i
z; c . .«« ; r, >
u- | | | _ r _,’
Aug. I I I 1 11.88
Sept. ! ’ 1 ' 11.76 11.52
Oct. 11.46 11.73 11 35 11.70 11.70-71 11 Pi-47
X”V 11.70-7 11.46-17 1
Pec. 11.48 1 1.74 11.35-1 1.71 11.71-72 11 P>-47 i
.J.iu. 11.50 11.77 1.1.39 11.71 11.74-75 11.49-50-1
Feb. I i 11.76-78 11.51-53 !
Meh. 11.60 11.87 11.51 1 1.86 I US". 8»‘. 1 J .f/i-OO |
Apr. ' 11.88-90 1 1.61-63
May 11.70 1L95 11 62 1L95 i !.'•'> -:<6 1 L 69-70 •
i• . .
SPOT COTTON MARKET.
Atlanta, .nominal; middling
New Orhans, steady: m:<l<llirg‘i 1 13-16.
New York, quiet; middling 12c.
Boston, quiet; middling 12c.
Philadelphia, quiet: middling 12.15.
Liverpool, firm; middling
Augusta, quiet; middling 12L
Savannah, steady; middling 11%.
Mobile, nominal.
Galveston, quiet; middling 12%.
Norfolk, steady; middling 12’4.
Wilmington, nominal.
Bittle Rock, steady; middling 12%.
Charleston, nominal
Baltimore, nominal; middling 12%.
Memphis, quiet; middling 1
St. Louis, dull; middling 12’...
Houston, steady; middling 12c.
Louisville, firm; middling 13c.
COTTON MARKET OPINIONS. *
Bailey x- Montgomery: "The situation
is such tjiat a conservative policy should
be adopted in folh \\ Ing tl • narket, < ithx r 1
in an upward or further downward direr- 1
lion.”
Logan <K- Bryan. "It is well to consider
the oversold condition of the market an«l ]
the uncertainty that yet attends a lat< J
eron before selling cottone at this level." ' '
Miller &Co “Put n weal ;
spots is the right thing to do."
Morris I.'. Rothschild \ <*>>.: "We think 1 ,
□ good demand will I" f-and slightlv L
, bee H _ J
PORT RECEIPTS.
The following tai ;'- s’.' v.s receipts a’ ! (
the ports today, compared with the same ! J
lay last war-
Xf w < >rleans .... 375 734 L
Galveston 2,805 7.594 >
Mobile 11 1
Savannah 445 ' 963
’harleston 3
Norfolk 377 5
Boston. 70 _ _ 44
Total.’ 4.013 97311““ | <
INTERIOR MOVEMENT.
—— I ,
T~ r. 112 ~~i~9if |<
Ruston 4A79 3/414~ I '
\ugusiu 12'1 | I!
■l'-ntl'hi.-. ;;oi i ;
4t Louts
’inctr.na ti
Total M7i 3.95f~ | |
METAL MARKET.
NI7V» Y’ d.'i- \. ?. 44 The metal e\- j
G-tobor. 17 '»*>/»7 50 ti.9o '/ 7.00.1 c
oud, i b'-.i 1.6(1, tin, 4 53 z q I 60.
'STOCK MET
Oil B LEVEL
Steel and Industrial Issues
Show Added Strength—Fa
vorable Crop Outlook.
By CHARLES W. STORM
NEW YORK. Aug. 14.—Canadian Pa
cific, with ar: oivance of 2 points, showed
: the greatest amount of gain at the open
ing of the stock market at the opening
■ today, although strength pervaded the
, entire list and a number of issues rose
I sharply.
Ncarl.v all the price changes during the
I first fifteen minutes were toward higher
j levels with some issues selling at the
i highest figures of the present movement.
11 ersistent buying of the Eries was again
| in evidence, the common selling at 37L
j against .L’s at the close last night and
: the preferred showing a gain of upon
1 the first sale. <’anadian Pacific's strength
j was chiefly due to a bull movement in
tLat issue in London. <;o<ml buving was
• noted here also in Reading and Lehigh
1 \ alley. Lehigh Valley gained \ ami
| Reading 12.
1 Among the other advances in the in-
Hind trailing were I nited States Steel. > K ;
Amalgamated Copper, ’ E ; Smelting, ;
Baltimore and Ohio, %; Atchison, and
Lnion Pacific, \.
Buying in New York market seemed to
I come from a number of sources. 'The
curb was firm. Americans in London
were steady at improvements over last
night's closing.
The upward movement made further
progress during the forenoon, many issues
scoring gains ranging from a fraction t<
I over I pofht. Steel and many of the
minor steel industries together with
American Car Foundry, American Loco
, motive and the Pittsburg Coal issues
' were active anad strong.
| After a period of quietness right after
1 midday a strong tone again developed in
. ni;u ’ket in the late afternoon trading.
• \ igoroiis advances were made in a num
I her of issues. U. S. Steel common gained
I point, going to 74.
1 Stocks closed strong.
! Government bonds unchanged. Other
I bonds steady.
■ Stock quotations:
1 La st ! Clos.lPrev
; sr< )CKS High I ovv Saif Bid Cl
8> i 85 s <, •. g
• \m. Ice Sec 26 26 ‘
I Am. Sug. Ref. 129 128'2 129 128% I2BU
' Am. Smelting 87’ 2 86V 86-. 86 7 H , 86
Am. Locomo... 45 3 4 45 45 1 , 45U' 44%
Am. Car Fdy. 60" 4 61"-r 61 60U
Am. Cot. oil .... 53% 53%
[Amer. Woolen | ...J 27 37
; \naeonda ... 43’.. 13k |3 ’ 4 43' 43 %
; Atchison HO’ . 110 110% 110 L 109%
v 1 148% 147% 147% !47U;147%
! Amer. Can ... 4L-\ 41% 41% 41 ‘ 41
1 do, pref. ...... 119% 119%
. Am. Beet Sug. 71% 71 71% 71% 70%
Am. T. and 'l*. 146% 146 146% 146 145%
Am. Agricul .... f>o’.. 60%
Beth. Steel ... 40 38 40 39% 38
'7 'l’ 93% 92%, 93%. 93. r 92%
B- and o 109% 109 109 109% 108%
Gan. Pacific . 281% 281 281 280% 279%
Corn Products 16 15%* 15%' 15% 15
’ ’ and ( > 83% 82% 83% 83 82
[xConsol. Gas .147% 147 147% 147% 148’4
'< en. Leather .. 30% 29% 30 ■ 29 7 H 29%
H'olo. F. and 1. 32% 31% 32% 32’., 31%
| Colo. Southern 40 40
• L>. and H , ...I ...J ....(169 169
■ I ’en. and R. G ; . 22% 22
H’istll. Secur. . 33% 33% 33% 33% 33%
I I'-rie US'" 37\ 3SG* 37M,
do, pref, .. 55 7 h 55’.. 55", 55\ 55’4
I Gen. Electric IS.’.L 1S:1U IS3 1 -. 183', 183
■Goldfield Cons 3", 3 7 J 3 7 ’»l 3", 3%
?G Western . 18% 1S" 4 18", ... 18’, 4
! 1. North., pfil. ' i:i" 4 l l2’»j 145" 4 11;;" 4 142-S.
jG. North, tire 46'4 44' 4 46’*.' 46'/- 44
Int. Harvester ...”. ..... .../ 123>*. 12.3 ; ’ 4
1111. Centra! .. 13D . 131131 .. .Yl3l', 4
Interboro ... 2t."- 20'-.. 20'.. 20’*. 20' 4
do, pref. .. 60" 4 GO 1 7 60L. 60\ 60
lowa Central . / p) in
K. C. Southern 27 27 27 27 I 27%
i K. and T. ....'■ 29% 2!"*,, 2!"* 29"* 29'"
I do. pref. .. 64 64 64 "64” 62 '
IL. Valley. . . 173% 172 4 173-L 173' 4 172 7 k
;L. an.l N . . . 170 161 M-. 169', 169% 1 168-%
Mo. Pacific . . 39", 38'\ 3:'-S 39V4 38',
X V Central 118", 118 118\ 118' 4 117'.,
Northwest. . . 144 1 43 7 h 1 43 7 , 143'.. 142 T
I Nat. Lead . . 60 59'y 60 59T, 59
] N and W . . . U 8" 4 1,18'... 118", 118' ..118'..
No Pacific . . 131'*j 1.31 131 13I\13PC
<>. and W. . . 33L. 33'* 33',:.: 33:1/
I’onn 125 124’- 125 124"» 124
Pacific Mall .1 32'/6l 326 2 32'*. 32 31%
| I’ Gas Co. . . ; 11844111781
| I'. Steel Car . 37", 37", 37 q 37\ 37
Bendins . . . 'l72 7 * 172' 4 1 72 -1 72% 172'*
Rock Island . 27'.„ 27',„ 27'„ 27 7 4ti 26 7 «
do. pfdl .... I ... .1 53 '52
I 11. I. and Steel 28'... 37 ? » 28'.. 28\ 27\
d". pfd.. . . 908 4 89-" 4 90% ‘ 90'., 89',.
I S.-ShelYieltl 58', ' 36a ‘
So. Pacific . . 113'«» 113 T 1 3" h 1 113\ 113
So. Railway 30%' 30 ' 304 30%l 30
do. pfd,... 81 80 a 4 81 81 80'.
' Haul. . . . 10!) loß' m 108X b 108'4 108
Tenn Copper 43' 4 12'* 43'4 12N t l 42’.,
Texas Pacific . 22 7 „: 22'6 22% 22%' 22%
Third Avenue I ...J .... 38 I 3','.,
inion Pacific 174*4i174 174 ' /4 174'.. 1 73’7
I'. S. Rubber . 53 ■ 52%1 53 " 52'*.
Utah Copper . 63% 63'., 63% 63% 63
■I S. Steel . . 74% 72%. 74%! 74 72%
<l'>. pfil.. . .'113'4 113 113’,* 113% 1128*
|V.-C. Chem.. . 48% 48%' 48%l 48'.., 48' .
W I nion . . . 83'4' 82 83% 83'4 81",
Wabash . . ..' I ... ' 4% 4%
I do. pfd.. . . ... ,| ... .' .... u;. 4i (4.4
I W Electric . . 88 87 88 87% 87".
Wis. Central .... 1 .... 1 61 60
W. Maryland . ...' .... 56', 4 57
| Total sales, 610.000 shares, x Ex-< 1 iv-
I idend, 1% per cent.
MINING STOCKS.
BOSTON. Aug :t. ftpenlng: old Col
ony 11, Santa Fe 3%. Shannon 17% ,
Mayflower 11%.
LOCAL STOCKS AND BONDS.
Bld. Asked
Atlanta & West Point R. R... 140 J 45
American Nat. Bank 220 225
Atlantic Coal Ice common 100'4 ioi
Atlantic Coal & Ice pfd no " 99 i
Atlanta Browing A- Ice C 0... I7n
Atlanta National Bank 325
Broad Riv Gran Corp 25
do. pfd 70 99
Central Bank C- Trust Corp. ... 147
Exposition Cotton Mills ion j,,,
Fourth National Hank 265 270
Futon National Bank ,2 7 131
Ga. Ry. & Flee, stamped... 126 ’27
Gu. Ry. & Power Co. common 28 36
do. Ist pfd 81 85
do. 2d pfd 46 47
Ilillyer Trust Company 125 12 7
Lowry National Bank 248 2St»
Realty Trust Company 100 105
Southern Ice common 68 70
The Security State Bank.... 115 120 'I
Third National Bank 230 235
Trust Company of Georgia.. 245 250 '
Travelers Bank A- Trust Co . F's p>6
BONDS.
Atlanta Gas Light Ist ’s. ... 102
Broad Riv Gran. Corp Ist 6s '•»
fleorgla State 4%5. 1915, 55.. 100'*. JO' ’ I
Ga. Ry. & Elec. Co. 5s 102% 104
Ga Ry. & Elec. ref. 5s tOO ’ 101
Atlanta Consolidated ss. .... 102’4
Atlanta City 3%5. 1913 91 '
Atlanta City 4s. 1920 98 99 i
Atlanta City 4%5, 1921 102 103 1
x-Ex-rights. j
NEW YORK PRODUCE MARKET.
NEW XORK, Aug 14 Whea steady;||
I
nominal m elevator, and I.VK f. o. b. Corti I
dull; No. in elevator, nominal; export 11
No 2, nominal, f o b.; steamer, nominal i|
Oats easiei natura i white. 18^51; wh t< I
clipped, Rye 'lull: No. 2, nominal, I]
f b New York Burley quiet; malting ]|
■» •' I Buffalo Ha> steady; good I
I-, prime. poor to fair. SO. nomi- I
> our quieter spring patents, I
5 50. straights, clears, 4.65 6 / I
4 ■•»». u int<-r patents. 5.15<a5.40; straights I
4 1.7 ■. clears, 4.25'u 4..Y0. |
Beef s!< ;ni\ . family. Pork I
00 y- 7 ’.imily, 20 OOtfa I
21 I. H'l firm; cits steam. I
I
' ' a; h< .g»h» ads, 6%, nominal, country, 1
in tierce.•. '
NEWS AND GOSSIP,
Os the Fleecy Staple |
NEW YORK, Aug. 14.—Carpenter, Bag
g'R & Co.: Our opinion is unchanged,
i . This decline has been due largely to
■ manipulation, assisted by some recent
I hedge s-elling, this market against long
i contracts in Liverpool. The decline has
I been exaggerated. Ninety per cent of
' j the crop news Is very bullish. Think large
I crop impossible. While prices may be
temporarily further depressed, strongly
favor buying on every decline. Believe
in ultimately much higher prices.
The .Journal of Commerce says that the
sharp drop in cotton has caused a natu
ral hesitation among goods buyers, but
that a good steady Business is reported
by jobbers. The export markets for cot
ton goods are not active Shipments on
old orders constitute the chief feature, and
there are still many goods due.
Guild, Hubbard, Wenman bought Jan
uary. Schill. Hentz. Schiffer sold. Free
man. Lee, Johnson. Schill, Riordan bought
December. Rothschild. Cone, Hicks sold.
Lee bought October. McElroy, Riordan,
Rothschild sold.
Dalias wires: "Texas—Scattered clouds
south and southwest; balance clear
and warm. Oklahoma —Cloudy; light rain
at Newkirk; balance partly cloudy to
clear and cooler." i
The bear Just could not resist the temp
tation today.‘and lie put in an appear
ance. The result is easily guessed.
j The next bureau report will be issued
Tuesday, September 3. and anticipations
arc that it will he of a bullish character.
Hubbard. Craig. Hentz were best buy
ers today on the advance.
Some mills were reported to be good
bu> ers.
Hutton places the condition at 77.7,
against 78.5 last month.
Hutton, by states; North Carolina, 81;
South Carolina. 75; Georgia, 77; Alabama.
73; Mississippi, 75; Louisiana, 80; Texas,
83; Arkansas, 76; Tennessee, 71; Okla
homa, 82.
Following are 11 a m. bids: October
11.24, December 11.32. January 11.23,
March 11.38.
NEW ORLEANS. Aug 14. Hayward &
Clark; The weather map shows partly
cloudy to fair, with some isolated show
ers; .56 at Galveston. Some light show
ers in North Carolina, where rains are
needed. Temperatures are normal. In
dications are for partly cloudy in west
Texas. Oklahoma, with possibly scattered
showers.
Few scatered clouds in smith and south
west Texas, balance . clear and warm.
Oklahoma, cloudy, threatening at Ponca
City and light rain at Newkirk; balance
partly cloudy to clear.
The New Orleans Times-Democrat’s
summary says: Again cotton values
dipped. This time October in New Or
leans dropped to 11.15. At that price
support developed and October climbed
to 11.55. Tlie reaction came so suddenly
and was so sharp that even conservatives, ,
who had been expecting some check to
the decline, were amazed. Southern mills
bought contracts freely. Some shorts took
profits. Some constitutional bulls got in
again at what seemed to be the bottom.
Scalpers were in their element When the
smoke had cleared away, the contract
market stood very close to the previous
day’s close, while spots at New Orleans
rested l-16c below* the 12c mark. One
year ago the local August contract closed
at 11.99, as against 11.63 yesterday. Oc
tober was at 11.08, against 11.4 G yester
day, and New Orleans middling spots at
12e against 11 15-16 c yesterday. Whether
these price comparisons signify anything
or not. the trade must judge.
The bear says the situation in the long
run is as bearish now as it w*as this time
last because, whereas an enormous
requirement in 1911-1912 will ultimately
effect an enormous yield, this year the
fact that the mills are not bare of sup
plies offsets any deficit in the yield of
1912 under that of 1911.
Estimated receipts Thursday:
1912. 1911.
Now Orleans 16 to 50 225
Galveston 2,200 to 2,500 3,379
r%HE WEATHER
CONDITIONS.
WASHINGTON, Aug. 14. -Generally
fair weather throughout country east of
the Mississippi tonight and Thursday, ex
cept that showers and probably warmer
along the gulf coast.
The temperature will be somewhat
lower tonight in the lake region and up
per Ohio valley and Thursday in the New
England and middle Atlantic states.
GENERAL FORECAST.
Following is the forecast until 7 p. m.
Thursday:
Georgia- Probably fair tonight and
Thursday.
Virginia, North and South Carolina
Generally fair tonight and Thursday.
Alabama and Mississippi- Probably fair
tonight and Thursday.
Florida Showers tonight and Friday.
Louisiana and Arkansas—Unsettled
showers.
('klahoma.—Unsettled.
East Texas -Unsettled showers.
West Texas- Unsettled showers.
BUTTER, POULTRY AND EGGS.
NEW YORK, Aug. 14.—Dressed poultry
dull; turkeys 14@23. chickens 14<fi>26
fowls 121120, ducks 182(18%.
Live poultry unsettled; prices nominal.
Butter easier; creamery specials 25®
25%. creamery extras 26@26%. state dairy
'tubs! 212125%, process specials 241/24%.
Eggs firm: nearby white fancy 312/32.
I nearby brown fancy 252/27, extra firsts
242/26, firsts 20%?/21%.
Cheese firm: whole milk specials 15%® ,
16. whole milk fancy 15%, skims specials .
12'..® 13, skims fine 10%®11%, full skims '
COTTON SEED OIL.
r-otton seed oil quotations:
I Opening t CloslnK.
Spot I I 6.36@6.50 i
August ' 6.252/ 6.26 6.42® 6.43 .
September . . . J 6.342/6.35 ' 6.462/6 47
October 6.402/6.42 1 6.472/6.18 7
November . . . 6.22® 6.24 6.27® 6.28 ,
■ December .... 6.15® 6.16 6.192/6.20 /
I January 6.112/6.15 6.182/6.19
February ' 6.15®6.20 ' 6.21®6.25 *
C’lnsf-H vprv strnntr 11 GOO barrels: ?
Closed very strong; sales ii.wu Darrels, i iso. i 4 <u.
Going Abroad?
yror WILL SAVE TIME, AVOID
delays, have your money always
safe, and, practically enjoy the many
benefits of having a bank account in
every country in which you may travel,
if you carry with you a Letter of Credit
or Travelers’Cheque. It will enable you
to know exactly the relative worth of
your money in foreign countries, and en
able you to keep an accurate account of ;
your expenditures. j
And yet the cost is very small. A f
mere nothing compared with the innu- i
merable benefits they afford.
We will be glad to have you come in
and talk the matter over with us.
Atlanta National Bank
The Oldest National Bank |
3 in the Cotton States.
J J
LMwmi > ■ i mt—ii im—
CEREALS RECEDE
IN LATE SESSION
Market Loses Strength Ikjder
Heavy Selling—Fails to Up
hold Early Gains.
ST. LOUIS CASH QUOTATIONS.
Wheat—No. 2 red 103 @lO5
Oats 31 %@ 32
' HICAGO, Aug. 14.—Wheat strong and
i to %c higher at the opening with the
bullish advices from the Old world the
leading influence. Weather in the United
Kingdom was reported as unfavorable for
harvesting and threshing. Liverpool was
higher and strong
Crrn was up as much as % for Sep
tember this morning on shorts covering,
but part of this strength wast lost later.
More deferred months were % to ' /4 c
liigaer early, but thej- dropped back to
a level below the closing of yesterday.
Oats acted In sympathy with other
grains.
Provisions were again higher under a
good demand from shorty.
\\ closed ’4 to lower on
weakening of the markets in the north
west, lack of export demand and weak
ness in coarse grains.
Corn closed lower. Liberal of
ferings and lack of demand caused the re
cessions.
were low’er. Values dropped
after the early demand.
Provisions were higher all around on
good demand. Trade was large.
CHICAGO GRAIN MARKET.
F*rar
WHI?\tU His!l ' Low ' Close ' Ciose *
Sept. 9.3% 93% 82% 93 93%
Dee. 93% 93% 92% 92% 93
M CORN— 4 96? ’ 95 " 96
Sept. ‘71% 71% 70 70% 71
Dec. 55 55% 53% 54 54%
M o\ts- % 54 ’ 4 53% 531/4 54r *
KF- IS 85 gs
■''K. R kL- “ >«
18.05 18.00
> ’ IB ' 2o 19-07% 18.12% 18.05
18.72% 18.80 18.77%
LA HI >
Spt 10.85 10.87% 10.82% 10.85 10.77%
? Ct 10 ' 95 1090 10 - 9 G W. 87%
’ ,a ßlß°S 10 70 10 - 6 10.70 10.55
Spt 10.87% 10.90 10.82% 10 87% 10 82%
Oct 10.95 10.95 10.85 10.87% 10 80
Jan 9.95 10.00 9.92% 9.97% 9.80
CHICAGO CASH QUOTATIONS.
, CHICAGO, Aug. 14.—Wheat, No. 2 red,
1 0.12/1.05; No. 3 red, 962/1.03; No. 2 hard
Winter, 93%?/96; No. 3 hard winter, 9279
94%; No. 1 Northern spring. 1.00@1.05;
No. 2 Northern spring, 97@1.03; No. 3.
94@1.00.
Corn No. 2. 767/76%; No. 2 white, 77%
@7B; No. 2 yellow. 77%@78; No. 3, 75%@>
76; No. 3 white, 77® 77%; No. 3 yellow,
7,'.,@77%; No. 4. 74?/75%: No. 4 white,
75%7976; No. 4 yellow, 75%@76%
Oats. No. 2, 32; No. 2 white, new 32'i@l
32%; No. 3 white, old, 32%@33; new. 31%
@-32; No. 4 white, new, 30%; standard,
old, 33; new, 32%.
CHICAGO CAR LOTS.
Following are receipts for Wednesday
and estimated receipts for Thursday:
Wheat i 275 155
Corn 150 127
Oats - 278 137
Hogs I 25,000 17,000
LIVERPOOL GRAIN MARKET.
Wheat openeil %d higher; at 1:30 p. m.
was %d higher for December and’ %d
higher for October. Closed %d higher.
Corn opened %d higher; at 1:30 p. m.
was %d higher for December and %d
higher for September. Closed %d to %d
higher.
PRIMARY MOVEMENT.
WHeXtYT" | tig? i
Receipts I 1,346,000 I 867,000~
Shipments ! 1,283,000 | 567,000
C< • R N I I
Receipts’ 419,000 I 587,000
Shipments , . . , , , 377,000 1 325,000
BRADSTREET’S VISIBLE SUPPLY.
Fullowing shows the weekly Bradstreet's
visible supply of grain for the week:
Wheat decreased 7.731.000 bushels.
Corn increased 364.000 bushels.
Oats increased 31.000 bushels.
LIVE STOCK MARKET.
CHICAGO. Aug. 14.—Hogs—Receipts
25.000. Market strung Mixed and butch
ers $7.60?/8.60. good heavy $7.85@8.40,
rough heavy $7.50@7.80, light $7.85@8.60,
pigs $6.807/8.00, bulk $7.85® 8.45.
Cattle Receipts 20.000. Market steady
to strong. Beeves $6.60@10.40, cows and
heifers $2.50® 8.40. stockers and feeders
$4,507/7.15, Texans $6.50@8.40, calves $6.50
@8.40.
Sheep Receipts 20.000. Market weak.
Native and Western $3.25@4.50, lambs
$4.60@7.40.
NEW YORK GROCERIES.
NEW YORK. Aug 14.—Coffee easy;
No. 7 Rio spot 14. Rice firm; domestic
ordinary to prime 4%@5%. Molasses
steady; New Orleans open kettle 36@50.
Sugar raw steady; centrifugal 4.05. mus
eovado 3.55, molasses sugar 3.30, refined
dull; standard granulated 5.05, cut loaf
5.80, crushed 5.70, mold A 5.35, cubes 5.25,
powdered 5.10, diamond A 5, confectioners
A 4 85, No. 1 4.85, No. 2 4.80, No. 3 4.75,
X’n 4 4 70.
11