Newspaper Page Text
TODAY’S MARKET OPENINGS
COTTON.
NEW YORK. Aug. 21. Firm cables re
' ■■’ n marke » opening 1 to
5 points above me finaly figures <>i tier
<iay. After the tall the market wet» .ened
anti a general selling wave prevailed with
? r ' c « s 1,1 V" poin,s fr " ni "’e early
range. The buying was rn'iderate and
concentrated.
Futures in Liverpool steady: spots firm.
NEW YORK.
_ Quotations in cotton futures:
11:00 Prev
Open High Low AM close
August . . ... ’ ——— ——-
September . 11.04 ilVi 1 i 04 ii 04 1 02 04
"- 28 ”
December. . 1i.37 i 1 .37 i 1.27. i i'27 11'3//
Jnimac . 1 1 .25 11 .27'11 .17!11.1811 23-M
February 11 ‘“0 5’
’’ :SS '’■/ 11:35-36
13111.43111. 43i11.4311,42-44
NEW ORLEANS.
_ Quotations in cotton futures:
'11:00~Prev~
,<Jpen|HighjLow jA.M.I Close
August tT’ki
September '. 11 40-41
t’ctober . . 11.34 11 38 11.34 11.3411.37-38
November 11 40 4°
Hit-ember . 11 .35 11. to 11.35 1 i qio n'4o'll
January 11.4011 . 13 II .40 11 43 11 ri-44
February 11'45.4-
Mareh . . . 11.55 1i . -,6 li. 52 h\ 52 11 55-56
Ma? .11.57-59
: : : w -j ■- - _ 11 .60-67
GRAii'J.
1 Hit Anti. Aug l.dtle change was
shown m ti-.e wheat market at the open
ing this morning. September sold a f'rac-
Uon higher, while the other months were
well sustained The movement of wheat
in the Northwest is smaller than a rear
ago. hut larger than a week ago. There
was bill little change in cables.
Corn was a shade better on covering bv
shorts and light receipts.
1 fats were ' x to ',i- lower.
The provision list was off in nriee as
well.
CHICAGO GRAIN MARKET.
Crain quotations:
open. High Low 11 a. in.
WHEAT
Sept. . . . 931- 934. 931,
Dec . . icfr;\ 92 3 .. 92-».
May fit 3 , nr,.< 955
CORN
Sept. . . 71V, 71 -S 71’■> 71 -q
Dec. . . 54L 54L 54L 5O a
May 53 A 531.. 53V 53-c
OATS -
Sept. 32L 32’, 32L :«•„
T»e<-. . 32% 32% 32% 32-%
May . . 347* 34% 34% 34%
PORK
Jan. .18.97% 18.a? 1 -. 18.97% 18.97%
LARD
Jan. . 10.65 10.65 10.65 10.65
RIBS
Sept. . . .1<».92% 10.92% 10.92% 10.92%
Jan. . . .10.97% 10.10 10.07% 10.10”
Every day is a good day to read the
Want Ad Pages of The Georgian. New
opportunities are (here today that did not
exist yesterday.
Real Estate For Sale. Real Estate For Sale.
Facing Grant Park On a Lot 50x190
SIN-ROOM fine home, slate roof. Cheapest home in the section. $4,009.
Teiins. See Mr. Phillips. *
ON north side, just one block from car. we have a five-room cottage with
gas, water, sewer, tile sidewalks, on lot 50x100, which we offei for only
$1 200*. S2OO cash, balance sls per month.
EVERETT & EVERETT
224 Brown-Randolph Bldg. Phone M. 3392
NOW i’ll kN
YOC <’AN OWN YOCR OWN" HOME.
SMALL ■ ash payment and balance like rent, six rooms. $2,500; south side. The
house lias just been painted and walls newly tinted; has gas, water and bath.
tile, mirror, mantels. This is a good proposition for home or investment. Answer
>tating the amount y<m ■an pay cash and monthly. Answer "owner to Buyer,"
Box 790, < are Georgian.
’ GEORGE R. MOORE
EARM BARGAIN.
1409 CANDLER BI'ILDI.-G. PHONE IVY 497 S
50-A<'RE I ARM mar College Park going at a sacrifi a . This is a real bar
gain and has good houses and is leased at SIBO per year.
$4.25(1 A beautiful bungalow in West End on lot 50x200. east front, furnace
h< it and beautiful home." on all sides: SSOO cash, balance easy, or like
rent.
THE L C. GREEN CO.
Successor Littb- & Green.’
305 Third National Bank Building
O.K NORTH AVENI'E. 510 feet of Moreland, we have 1.50x150 feet facing
south, w'th all improventents down, which Is just the place to build you
a lox—lv home; w '■ i s you one lot. 50x150. separately, or will let. you
take the three lots. 150x150.
FOR RENT.
'A E HAVE 'wn .«• lendid 5-room a pa’.aments which we can rent from Sep-
• i mber ’ ; re i sona b' r. nla 1.
J. L~ BOWLES & CO.
J. L. BOWLES CO.,
205 Austell Building (Fourtli I - lour). Phone M. -)534
• I u n .. , ,■ ~ hat' ‘it partly pad for. wo will build you a home
~n ‘|j|... ;.u : or if you can male- a reasonable ■ ash payment, we will
!nlv ; i,,t and build sou a home to jour own idea.-. Pints designed
and .Pa«‘n short noli.’ -I v <-ry reti-enable prices. Your business will be
higlil: apt.-te lated
~ - | X THE GRANT PARK section, just off Giant street. This is actu
'■ '"allj ;!io : the market. Easy terms and no loan.
“ , ~ , iy \\ |-<T END PARK and the prettiest pari of the park for a bun.
-alow. This s on a nil- elevated lot. $350 cash. $25 per month.
~ . s .. Ki’I'TII SIDE PI’NGAI/'W. new and modern throughout; all
nt down inti i aid for T-rm or will txehangr.
C R. GROOVER & CO.
i;i \i ESTATE ANU BI IIJIIXG
• u ibCG Empire Building.
STOCKS.
, By CHARLES W. STORM.
' NEW YORK, Aug. 22' A drop of 3
points in Canadian Pacific entailer! by
selling in London anil in New York was
the chief efature ot the stock market at
the opening this morning.
Canadian Pacific opened at 2754.. On
the second sale it lost 2’, on the third
sale it was 2’* lower and on the fourth
sale it was 3 points under Wednesday's
Close. I’nited States Steel was ' s higher
at the opening, later losing its gain.
Amalgamated Copper opened at 87'«. a
gam of 3 8 , then went to 88. which was
within ’ H of its new high record set yes
terday.
I A number of stocks showed conces-
I sions. among them Erie common, Atch
-1 ison. Lehigh Valley. Reading, I'nion Pa
. cihc and Southern Railway All the losses
were fractional. The tone was heavy.
> The curb was dull.
; .Americans were steady in London.
I Canadian Pacific there was sold.
NEW YORK STOCK MARKET.
'Stuck quotations:
i |ll:00j Prev
_JOpenjHigh Low |A.M. Close.
. Amah Copper 87% 88 87%TT7%T87H
A. Smelting. . 87> s 87>« 87t. s 87'»| 87
A. < . till. .. . .>4 I-- 51’,-• 54 Vs 541- 541.
i Anaconda . 45% 45% 45'- 1. - ,-* 45%
! Atchison . . . 109’; 109', 109'/l(>9 '• 109%
I Am. Can. . . . 40% 41 40% 41 ’ II
I do. pfd.. . . 118% 118% 118% 118% 119%
• A. B. Sugar 71% 71% 71% 71% 71%
i A. T. and T. . 146% 146% 146% 146% 146
I B. Steel . 40% 40% 40% 40% 41
I B. R. Transit 92’- 92's 92’A 92’:. 92*-
• B. and <l.. . . 108 'IOB ' 108 i 108 ‘IOB%
<’• Pacific. . . 275% 275% 273% :274 * - 276%
<"• and ii.. . . 82*- 82% 82% 82%
Consol. Gas. . 114% 145% 144% 115 115
Erie 37 . 37% 371,
’ G. Consol.. 3% :t% 3% 3% 3K
• G. North, nfd. 140% 140 >, 140 1 10% 110 '-.
. G. North. Ore. 46% 16% 46% 11% 46\
> Lehigh Valley. 169% 170% 169'- 170% 170%
I * N 168 |. .8 167% 167 168
• Missouri Pae 38% 3s'., 38% 38% 38'%
> N. V. Central . 116% i,ie< K 116% 1I6 7 « 116%
Northern Pai. 12:'% 129% 129 '129 129%
' Nnt. & West. 38% 38% 38% 38% 38U
Reading. . . 169%. 1 70% i 169%! 169%'170%
Rep. I. * Steel 28% 28% 28% 28% 28%
’ South. Pacific 11'.:% 112% 112% 112%' 112'%
Southern R’ . 30% 30% 30%l 30% 31
St. Paul .... 107'.,:107' 4 T07 107 107
Tenn.-Copper 14'- 44% 44 14 I 44%
, I nion Pacific . 172% 172% 172 '172 172%
I I tab Copper . 64 64% 64 64% 64%
I'. S. steel . . 74% 74'- 74 %’ 74% 74%
Wabash ... 4%' 4’/-' 4% 46 4%
, W.:bash. pfd. . 11% It% 14% 14%: 14-%
~ W "house Elec.. 88 % 88-- s 88 88'% 88
I ~
. 1— ■ ■ .I lli. _. --- --
See The Monster
;l Living Manatee Sea Cow
■ | Exhibited. Tieginning Wednes
day, 21, while resting en
I route to New York actpiariinn
Educational anti Interesting.
I Os special interest to ladies
. I and children at
165 Peachtree Street.
THE ATLANTA GEORGIAN AND NEWS, THURSDAY. AUGUST 22. 1912.
COTTON PRICE UP
ONBOLLSUPPORT.
I
Aggressiveness of Big Inter
ests Has Stimulating Effect i
on the Market.
I
j
NEW YORK. Aug. 21. Despite weak- '
ness abroad and a very favorable
weather map irregularity prevailed
upon the cutton market todJiy at i
the opening with first prices rang Jig from
unchanged to 2 points higher 3 to 9
points lower than the final figures of
Tuesday. After the call a heavy buying
wave prevailed headed by b g profession
als and brokers who usually represent ;
large spot interests Mitchell was cred
ited with buying 30.000 bales of Decem
ber and January on the call. Prices at ‘
once made an upward movement with
October and December being the most!
active positions. October rallied from '
11.06 to 11.26; December was carried from ;
11.20 to 11.39. There was an unexpected .
demand for the late months which ral- t
lied them above last night’s close.
During the late 'orenoon trading some |
of the early buyers turned sellers, which i
was believed to be profit-taking. hut
later during the afternoon session re- j
newed buying prevailed, and the buying
of some spot interest caused the ring
crowd to cover some shorts ami prices
quicklv regained the high levels of the
day. with August and December leading
the advance. Net gains of 10 to 18 points
over the opening were recorded through
out the list. Some unfavorable reports
from Texas were issued, but very little
attention has been paid to them. Os- ,
ferings were liberal and seemed to be |
coming from all sides. McElroys was said i
to he a heavy buyer today, which was re- !
ported to be for New Orleans account.
At the close the market was steady !
with prices showing a net gain of 6 to 8i
points ov?r the final quotations of Tues
day.
Semi-weeklv interior movement:
1912. 1911. 1910.
Receipts 37.926 42,651 25,017
Shipments 37.028 36.996 21,489
Stocks 58,295 57.087 32,652 |
_? ANGE O F NEW YORK FUTURES.
It I * < I H
| S I E 3 5_ I_£u_ !
Aug |10.86|1104 t0.86‘|1170’4 10.99-01 10.93-95
Sept, j 11.02 11.02 11.01! 11.01111.02-04110.97-98
Oil 11.06 11.30 11.06 11.24 11.23-'24 1 1.15-17
Nov. 11.15 11.16 11.15 11.16 11.26-28 1.1.18-20
Dec. 11.20 11.11 11.20 11.32 11.32-33 11.23-25
Jan 11.18 1 1.32 11.15 11.23 11.23-24 11.16-17
Feb 11.29-32.11.22-24
Meh. 11 36 11.41 I 1.27 11.38 11.35-36 1 1.28-30
May_ 1L35 11,48 11,35 11.4311 L 42-44111.35-3"
Closed steady.
Liverpool cables were due 5 to 5% points
lower. Opened easy at 8 points decline.
At 12:15 p m. the market was quiet at a
net decline of 7 to 7% points. I ater ca
bles reported a decline of 1 point from
12:15 p. m. Spot cotton dull at 7 points
decline. Middling. 6.55: sales. 8.000 Amer
ican. 1.400: imports. 2.000: none American:
tenders new docket, 1.000.
Estimate.l port receipts today 6.000
bales, against 4.013 last week and 14.925
last year, compared with 7,782 bales in
1910. '
The market during the late trading re
sponded to the upward movement in New
York and at the close the market was
very steady with prices 1 to 2% points
lower than the previous close.
RANGE IN LIVERPOOL FUTURES.
Futures opened easier.
ipenir.g Prev
Range 2 I’ M. Close Close
Aug. . ■ , 6.35 -6.35% 6.34 6.41 6.43
Aug -Sept 6.27 -6.28’8 627 6.33 6.3:*%
Sept.-Del. 6.12 -6.11 ‘ 6.13 6.20 6.22
Oct -Nov 6.08 -6.09 6.08 6.15 6.16
Nov -Dec 6.03 -6.05 6.03'4, 6.10 6.11%
Dec -Jan 6.02%-6.04 6.03 ‘ 6.09% 6.11
Jan.-Feb. 6.04 ‘-6.05 '6.04 6.10% 6.12
Feb.-Meh. 6.05 -6.06% 6.05', 2 6.12 6.13%.
Meh.-Apt. 6.06 -6.07'- 6.06% 6.13 6.14%
Apr.-Ma’ 6.06%-6.08 ’ 6.14 6.15%
May-June 6.80%-6.10 6.08% 6.15 6.16%
Closed very steady.
HAYWARD & CLARK’S
DAILY COTTON LETTER
NEW ORLEANS. Aug 21.—Liverpool
came in uoor with futures 2 to 3 points
lower than due; spots 7 points lower: sales
onlv 5,009. This weakness was a surprise
to many as. owing to the hampered ship
ping facilities. Liverpool might hold up
better than our markets, which will feel
the greatest pressure under the existing
conditions. The difference between our
market and Liverpool may widen consid
erably yet.
A cable was received saying: ‘ < onsid
erabb more doing in Manchester.'' The
following reports of new bales support
the contention that the lateness of the
crop has been unduly exaggerated:
"Laurel and Hattiesburg. Miss., have
bales "
Hacklev. La.: "Cotton opening very
rapidly this vicinitv : crop is a few days
earlier than last year. '
First trades here wore at a few points
del-line, but strong support by certain
bull operators in New York advanced the
market 10 points soon after the opening
Some one circulated a report of a storm
in Oklahoma for which there was abso
lutely no foundation. There is only the
cool ' wave which will give rain and cooler
111 the western slates ar needed. The mar
ket eased when the true state of affairs
! became known and trading settled around
'l' 34 for October There is a good rea-
I son -or tile present halt in the decline,
’mi', that is that futures are too far under
| spot prices ami that receipts outside of
I 'i'exa-' are not yet large enough.
RANGE. IN NEW ORLEANS FUJTURES.
1111TJ u 1 n
■\Y' I . ..i.. .. J 11.65 Trait;
S,,pt' ' 11.40-41111.30
i>, 't i 126 i' 10 11 25 11 46 11.37-38 11.28-30
\- <n • . ..111.40-42 1 1.28-30
l>e, l'l -'6 li 15 11.26 I 1.40 11.40-41 11.30-31
.lan 1131 11.16 11 31 11.43 11 13-44 11.33-34
Bel, 11 45-47 1 1.35-37
It,:, || 1'115611 44 1 1.51 1 1.55-56 11,44-45
\., ri i 11.57-59 11.46-48
Ma• 11.66 I ' 56 11.60 11.63 11.65-67 1 1 55-57
Closed steady.
j
PORT RECEIPTS.
j The following table shows receipts at
'the ports today, compared with the same
day las' year:
' i 1912 j 191.1. _
New- Orleans .... 1 143 901
Galveston 5,511 > 11,80?.
Sa van nali 37 1,903
< ’harleston : , 13
Norfolk ■
Bost ' s
Pacific <• oa st . . . • ■ ■ 400
Total I 5.751 15,025
INTERIOR MOVEMENT.
I 191 911 -Z
Houston ' 9,628 10,571
Augusta ' 3* 272
Memphis 26 15
St. Louis ’ ’4 2M
Little Rock. ■ . • / • ■ ■ 295
'• - * ■ ' .'H ’
|
SPOT COTTON MARKET,
\tlania. nominal; middling 'L’S
New origans, onsy; middling II " 4 .
N.-yv York, quiet, middling 11.80.
Bo: on, <m < ’ . middling i I 80
I’hilade phia. <iui» , t: middling 12 05.
Liverpool, dull: middling 6 55d
A igusta. quid! middling 12L
Savannah, steady; middling 11*
Mobil*-, quiet; middling li’i.
t ;alv» >ton. steady: middling 12'*.
Norfolk. *iuict: middling 12c.
\\ l-i-H-doi'. ncmlnal.
Util* R »<*k nominal middling 12c.
(Tailrdoh. nominal
Baltini* ip. nominal, middling I2‘ s
\l< ' ,I'lir- •; F'-i . middling J<
S I oui • lull: middling 12 1 4
11. sst< ! ,m|v middling 12' ».
u . ill* lit m. middling 1. '<
r NEWS AND GOSSIP
Os the Fleecy Staple
NEW YORK. Aug. 21.—Carpenter. Bag
got & Co.: Mitchell was right in the
I limelight today. He was credited with
j buying 30.000 December and January on
the call.
I Schiffer. W aters. Hartcorn. Pearsall and
Mitchell best buyers after the call. Cone,
Springs, Hentz. and McElroy sold.
Friday, August 30, will be the first Sep-
I tember notice day.
[ This year Texas had a wet lune and a
dry July, but last year ii was reversed
a dry June and a wet July.
Memphis says that if the crop is 13.000.-
• 000 bales. Texas and Oklahoma will have
to furnfsn 6,000,000 bales of it.
I The ring sold heavily on the opening;
; and when the demand by Mitchell and
others started, the advance was rapid, |
with little cotton for sale.
McFadden, Mitchell. Gwathmey and I
McElroy bid the market up today. McEl
toy’s buying said to be for New Orleans. I
and it is said the other buying was on
(unfavorable reports from Texas.
I’iHwne. Drakeford & Co., Liverpool.
<ablv: ‘Decline caused by reason of sell
ing orders from the continent. Over
night longs liquidating.”
| Dallas wires: “Texas—Clear and
warm; no rain. Oklahoma—Showers
| Weatherford to Geary. Enid to Perry.
King to Fisher. Newkirk to Cushing.
; (>s igc and Afton to Chelsea ; storm ap- ;
: proaching from northwest; balance of
I state dear and cool.”
; Following arc 11 a. m. bids: October
i 11.23. December 11.34. January 11.26.
' March 11.37
NEW' ORLEANS. Aug 21. Hayward &
; Clark: The weather map is very fa
vor able; shows cloudy in north and west .
Texas. Oklahoma and Atlantics; some'
rain in north and west Texas: good rains
in Norili Carolina, where needed; gen
erally fair elsewhere; few scattered show
ers. Indications are for unsettled and
cooler, with rain in western states and
Arkansas; partly cloudy; scattered show
ers elsewhere, followed by cooler with
I showers tomorrow
Information from Texas confirms yes
| lerday’s forecast. Things shaping for rain
’ and cooler weather.
Laurel and Hattiesburg. Miss., have
| new bales. Kackley, La., says cotton
opening very rapidly in that’ vicinity.
Crop is a few days earlier than last year
Gwathmey and Mitchell reported heavy
buyers in New York. Also better ad
vices from Liverpool caused spurt.
The New Orleans Times-Democrat
Tuesday’s cotton market left contract
values near the 11c mark, with near de
liveries showing the greatest declines.
The explanation given by the low price
people, in effect, was as follows: “Ocean
; freight rates are very high, and there is
’ no more room available out of Galveston
for August and September and not much
chance io augment the tonnage pro
vided until later in the season. The Tex
as movement, particularly because of the
drouthy conditions in the south and south
western portions of the state should in
crease rapidly from now on. and with
ocean tonnage scarce and high, offerings
arc freer, the basis is lower and there is
I some reason to expect a touch of con
! gestion at Galveston before very long.
• All of which suggests a ver> wide parity
between New Orleans and Liverpool The
| high price man admits the scarcity of
ocean freight room, the presence of in
, creasing movement and of more sellers
,of the actual, but can not find proof of
lar enormous crop-—more than 11,000,000
; bales, say nor sufficient evidence of wan
ing trade to worry the believer in a very
large requirement."
1 Estimated receipts Thursdav:
1912. 1911.
New Orleans 18 to 20 314
r thTweatheF '
I
' J
Conditions.
WASHINGTON, Aug 21 There will be
i local showers tonight or Thursday in tlie
| lower Ohio valley and Tennessee and the
least gulf and south Atlantic states and
! generally fair weather tonight and Thurs
day in the lake region, the upper Ohio
; valley and the north Atlantic slates.
Temperature will not change decidedly
over the eastern half of the country dur
ing the next 36 hours
General Forecast.
Following is the forecast until 7 p. m
Thursday:
Georgia- Local showers tonight ot
Thursday.
Virginia—Probably fair tonight and
I Thursday; not much change in tempera
i Hire.
North and South Carolina—Local show
ers tonight or Thursday.
Florida—Local showers tonight or
Thursday.
Alabama and Mississippi—Local thunder
showers tonight or Thursday; sliglitlv
cooler in northern portions.
Louisiana—l’nset tied.
Arkansas—Fnsettled tonight; Thursdav
generally fair.
Oklahoma and Indian Territory—Gener
ally fair tonight and Thursdav.
East Texas—Generally fair tonight and
Thursday.
West Texas—Unsettled tonight and
Thursday; showers Thursday.
DAILY WEATHER REPORT.
ATLANTA. GA.. Wednesday, Aug. 21. -
Lowest temperature 74
Highest temperature ’’ 90
Mean ’emperature 82
I Normal temperature 76
Rainfall in past 24 hours, inches ... ’ 0.00
I Excess since Ist of month, inches. . . 0.54
I Excess since January* Ist, inches.... 17.07
! REPORTS FROM VARIQUS STATIONS.
I Temperature R’fall
Stations— i Weath. ! 7 Max. | 24
I la. m. |y’day.|hours.
Augusta Clear 78 ....
Atlanta . ..Cloudy 76 » 90
Atlantic City, clear 74 84 ....
Anniston .. . Clear 78 92
•Boston Pt. cldy 66 68 ...
! Buffalo Cloudy 68 72 .22
. Charleston ... Pt. cldy. 80 94 ....
I Chicago . Cloudy 72 <B4
| Denver Clear 56 72 I ....
11 Des Moines /Clear 64 82 ! ....
1 ! I >uluth < ’lear 58 68 ....
[Eastport Pt. cld>. 58 66 I ....
. 1 82 8R ....
Helena Clear 50 70 1 ....
' s Houston . . Clear 76 ....
( Huron Clear 56 76 I ....
■Jacksonville /Clear 78 92 1 ....
Kansas City.. Cloudy 68 78 .90
Knoxville ....Cloudy 72 86 ..08
Louisville ... Raining 70 86 .58
Macon Pt. cldy. 80 94 ....
Memphis . . . < Jloudy 78 92 ....
Meridian Clear 76 1 ....
Mobile Clear 80 94 ....
1 Miami Pt. cldy. 80 90 ' .. . .
[Montgomery . Pt. cldy. 76 94 ....
i Moorhead . . . <’lear 58 70 ....
'■ New Orleans.. Clear 82 92 ....
New York.... Cloudy 70 82 ....
North Platte./Clear 54 78
Oklahoma ... Cloudy 72 ....
Palestine Clear 74 94 ....
Pittsburg ... Cloudy 72 78 ....
P'tland. Oreg. Cloud\ 64 86 ....
■ San Francisco Cloudy 54 62 ....
. St Louis Raining 72 82 .28
St. Paul. Cloudy 60 76 ....
S. Lake City./Clear 60 88 ....
Savannah . ..Cloudy 76 ....
Wasliington ./Clear 74 86 ...
C. F. Von HERRMANN, Section Director
COTTON MARKET OPINIONS.
Lngan Bryan: “Sentiment is against
th*- market, and barring a derided change
for the worse in crop news rallied will be
short lived, and somewhat lower prices
are probable
Bhilr\ ,<■ Montgomery; “The extent of
[the movement is also a matter of con
: jeo'ure It was expected to he much
frect at this date, ami the question is
whether all sections will rush to market
simultaneously, or whether the decline
has gone s<» far that marketing will lie
slow.”
Morris. Rothsrhihl Ar <’*» "We ran see
' nothing at the moment on which to ad
l \an*prices and continue «»ur advice t*
j remain short
’Thompson, '!'*•« |r A- <’*• “New cotton
will doubtless have a ready market f«»r
a while, but unless this largely exceeds
last war a lower selling basis will f**l
I*
* >rx is Bros A- Co ' \dhereni ♦ to th*
sb"ft side will p<-At the profitable |><>l
i< >.”
COPPER STOCKS
GO UP AND DM
Ontario and Western Railroad
Scores Good Advance—List
Irregular Throughout.
By CHARLES W. STORM.
NEW YORK. Aug. 21. Irregularity was
shown in price movement at the opening
of the stock market today. Some issues
made substantial gains while others re
ceded under moderate pressure. Upon
reports of an anticipated increase in cop
per dividends American Smelting ad
vanced \. but on Ihe Amalgamated de
clined Anaconda also shaded and
Utah Copper, which opened l 4 up, soon
lost its advance.
New York Air Brake was about the
strongest of the equipment stocks, mov
ing up Vi- United Steel Common opened
L up. but lost its gain. Reading lost U.
Union Pacific dropped ' R Missouri Pacif
ic was strong, gaining u. Canadian
Pacific lost
'The curb was dull.
Americans In London were quiet. Can
adian Pacific in London relapsed rn profit
ta king
Copper continued prominent during the
midday trailing, prices fluctuating be
tween advances and declines. Amalga
mated gained \ ami Smelting moved
up 7 *.
A dragging tendency developed in the
late trading and most of the important
railway issues shaded off slightly from
the midday range. At the time the de
mand for copper stocks became less
marked ami profit-taking developed, caus
ing losses ranging around : ' 4 of a point.
The market closed steady ; governments
unchanged; other bonds irregular
Stock Quota Hons:
I | |iARt | Clos.|Pre<
STOCKS— I High I Low. [Sale.l Bid.lCl’sa
Amal. Copper. 88'4 87' t
Am. Ice Sec... 26 125 26 25H 25$
Am. Sug. Ref 128 L 128 H
Am. Smelting 8887’ 2 87 l 2 87 87 r, s
Am. Loconto... 46% 46 46 45%' 46
Am. Car Fdy.. 61% 61 61 61 61%
Am. Cot. Oil . 54% 54 54% 54% 53%
Am. Woolen 28 1 2 28
Anaconda .... 46 15% 4a% 45% 45%
Atchison 109%'109%<109% 109% ; 109%
A. C. I. ... .1 ... .145 145%
Amer. Can .... 41% 41 41 41 41%
do. pref. .. 119% 119% 119% 119% 119%
Am. Beet Sag 71%, 71%
Am. T. and T 146% 146 146 146 '146
Am. Agricul , 59%| 59%
Beth. Steel .... 42% 42%' 42%' 41 41%
B. B T .... 93 92% I 92%' 92% 92%
B. and 0 108% 108%: 108%'108%'108
I Can . Pacific .278 377 277% 276% ,277%
Corn Products 16 15% 15%l 15%: 15%
C. and <» 82% 82%| 82%' 82%| 82%
Consol. Gas . .146% 145 '145 145 146
Cen. Leather . 39% ?!'•% 29-% 29% 29%
Colo. F. and I. 32% 32% 32%
Colo. Southern 40 40
D. and H 171 172
Den. and It. G. 22%: 22% 22% 22 22%
Distil Secur. . 36 35%, 35% 35% 35%
Erie. 37% 37%' 37% 37% 37%
do. pref .. 55% 55 55% 54% 54%
Gen. Electric . 183 182% 182% 182% 172%
Goldfield Cons. .... . ...< 3% 3%
G. Western . 19% 19%: 19% 19 19%
G. North., pf<l 141% 140% 140% 140% 140%
G. North. Ore 47% 46%, 47% 46% 46%
Int. Harvester: ...J ' ....1121%
111. Central 131% 131'-.. 131% 131% 130%
Interboro 20% 20% 20%' 20%' 20%
do. pref. ..' 60% 60 : 60 ' 60 ( 60%
lowa Central 10 ....
K. C. Southern 28 28 2’B 27%, 27%
K. and 'l' 2’9% 29 29 29 29%
do, pref. ..I .... .... . ...i 62%' 63
L. Valley. . . |171%!170%|170%j170%!171 %
L. anil N . . . 168% 168% 168'-. 168 167%
Mo. Pacific . .1 39 38% 39 38% 38%
N. Y Central ] 117% 117%! 117%1116%1117
Northwest 142 142 4
Nat. Lead . . . 59% 59% 59%‘ 59% 59%
N. and \V.. . . 118 118 118 117%|117%
No. Pacific . . 130% 129'% 129% 129% 129%
o. and W . . 39% 36% 38% 38% 36%
Penn 125% 125 125 125 125
Pacific Mail «... 31% 37%
P. Gas C 0........... . ... 117 117%
P. Steel Car . 38% 38% 38%| 38 38
Reading .171 170% 170% 170% 170-%
Rock Island 26-% 26% 36% 26% 26%
do. pfd.. . . 52% 52% 52% 52% 52%
It. I. and Steel 29% 28% 28% 28%: 28-%
do. pfd.. . . 92 91% 91% 91 91%
S.-Sheffield. . 57% 56% 53% 56% 56%
50. Pacific . 113 112% 112% 112% 112%
<o. Railwav 31% 31 31% 31 : 31%
do. pfd.. . . 81% 80%: 81%’ 80-% 81%
51. Paul. . 107% 107 107% 107 107%
Tenn. Copper . 44 4 43 ’ 4 44L 44’ 4 43'
Texas Pacific 22 22 22’ 2 32y 2
Third Avenue 37$ 37$ 37$ 37 37$
Union Pacific
U. S. Rubber / 51$| 51$ 51$: 51% :»1 1
Utah Copper i>4s 64$ (ML 64$ 64
u s Steel . . 76 74$ 74% 74$ 74$
I do. pfd.. . . 113$ 113%[113% 113 113$
V. Chem. . 48% 48$ 48% 48
West. Union. . 83 83 83 83~ 82%
Wabash 4$ 4‘. :
do. pfd 1 4% 14%
W’. Electric . 89 88% 88$ 88 88%
Wis. Central 58
W’. Marylan<i 7*8% 58 58 58 '
Total sales, 367,170 shares.
METAL MARKET.
| NEW YORK, Aug. 21. —At the metal
' exchange today trading was quiet. Cop
per spot, 17.25@17.50; September, 17.37'a
17.42%. October. lead,
4.60; spslter, 7.05(a7.15; tin,
MINING STOCKS.
BOS’TOiN, Aug. 2t.—Opening North
Butte, 31; Butte Superior, 41%; Royale,
36%; Old Dominion, 59%; Superior Cop
per. 47.
LOCAL STOCKS AND BONDS.
Bid. Asked
Atlanta and West Point R. R 140 145
American Nat. Bank 220 225
Atlantic Coal & Ice common. 100% 101
Atlantic Coal & Ice pfd 90 92
Atlanta Brewing & ice Co. .. 170
Atlanta National Bank 325
Broad Riv. Gran. Corp 25 30
do, pf«l 70 72
Central Bank & Trust Corp.. . . 147
Exposition Cotton Mills ... 160 !8n
J Fourth National Bank 265 270
i Fulton National Bank 127 131
Ga. Ry. & Elec, stamped .. . 125 126
Ga Ry. Power Co. common 28 30
do. first pfd 81 86
do, second pfd 43 45
Hl 11 yer Trust Company 125 127
Lowry National Bank 248 250
Realty Trust Company 100 105
Southern Ice common 68 70
The Security State Bank .... 115 120
Third National Bank 230 235
Trust Company of Georgia .. 245 250
Travelers Bank Trust Co.. 125 126
BONDS.
Atlanta Gas Light 1s 102
Broad Riv. Gran. Corp. Ist 6s 90 95
Georgia State 4%5, 1915, ss. . 100% 101%
Ga Ry. & Elec. Co. 5s 102% 104
Ga. Ry. A? Elec. ref. 5s 100 101
Atlanta Consolidated 5s . . 102% . .
Atlanta City 3%5, 1913 91 92
Atlanta City 4s. 1920 98 99
Atlanta City 4%5, 1921 102 103
BUTTER. POULTRY AND EttGS.
NEW’ YORK, Aug. 21 Dressed poultry
quiet; turkeys chickens
fowls ducks
Liv** poultry prices unsettled and nom
inal.
Butter steady, creamery specials 264 r
26’”, creamery extras 25<025%. state dairy
(tuLsi 21 bid. pro*-ess specials 24'*/ 24%
Eggs firm, nearby white fancy 31*h32.
nearby brown fancy 25(h 29. extra firsts 24
4/26, firsts 210 22.
Cheese quiet; whole milk specials 15$
016%. whole milk fancy 15%0 16. skims
specials 12%013, skims fine 10$O11\,
full skims 70 9
NEW YORK GROCERIES.
NEW YORK Xug 21 Coffee steady .
No 1 Rio spot 145014% Rice steady.
domr v tic ordinary to prime 3%0 t M Mo
lasse- steady, New Orleans open kettle 36
<5/50 Sugar raw quiet centrifugal 4 05.
muscovado 3.55. molasses sugar 2.20, re
fined quiet standard granulated 05 cut
loaf 5 80. crushed .‘>7o, mold \ 5 35. cubes
...i. powdered .*> 10. diamond A confec
tioners \ 1 85, No I I 85, »\’<» J I 80, No-
J I 70, No t 4 70
[ATLANTA MARKETS]
EGGS—Fresh country candled. ls<U-oc.
BUTTER—Jersey’ and creamery, in 1-lb.
blocks, 20(f/22%c; fresh country dull, 10(|j)
12%c pound.
DRESSED POULTRY—Drawn, head
and feet on. per pound: Hens. 17©18c;
fries. 25fg27%v; roosters, 8@10c; turkeys,
owing to fatness. 18({£20c.
LIVE POULTRY- Hens, 40@45c; roost
ers 25@35c; fries. 18$r25c: broilers, 20®?
25c: puddle ducks, 25®30c; Pekin ducks,
40'a45c; geese 50fa60c each, turkeys, ow
ing to fatness. 14® 15c.
FRUITS AND PRODUCE.
FRUIT AND VEGETABLES—Lemons,
fancy, $5.50® 6c per box; Florida oranges,
s3® 3.50 per box; bananas. 3®3%c per
pound; cabbage. 75®$1 pet pound, pea
nuts. per pound, fancy Virginia 6s@7c,
choice. 5%®6c; beans, round green. 75c®
$1 per crate; peaches. $1.50 per crate;
Florida celery, $2.00® 2.50 per crate;
s«|uash. yellow, per six-basket crates.
sl.oo® 1.25; lettuce. fancy. $1.25®1.50,
choice $1.25® 1.50 per crate ; beets, $1.50®
2 per barrel; cucumbers. 75c®$1 per crate,
new Irish potatoes, per barrel. $2.50® 3.
Egg plants. $2@2.50 per ('rate; pepper,
sl® 1.25 per crate; tomatoes, fancy, six
basket crates $1.50® 1.75, choice toma
toes $1.75®2; pineapples. $2®2.25 per
crate; onions. sl®l.2t» per bushel; sweet
potatoes, pumpkin yam. per bush
el; watermelons, slo® 16 per hundred;
cantaloupes, per crate, $1®1.25
PROVISION MARKET.
(Corrected by White Provision Company.)
Cornfield hams, 10 to 12 pounds average,
16%c.
Cornfield hams, 12 to 14 pounds average. ]
16$c.
Cornfield skinned hams, 16 to 18 pounds
average 17c.
Cornfield picnic hams, 6 to 8 pounds
average. 12%c.
Cornfield breakfast bacon. 23c.
Grocer style bacon (wide or narrow),
18c.
Cornfield fresh pork snusage (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 irliied meats in 10-
pound dinner pails. 10c.
Cornfield smok d 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.
Country style pure lard, 50-pound tins
only, 11 sc.
Compound lard (tierce basis). 9%c.
D. S. extra ribs, 11 $c
D. S. rib bellies, medium average, 12$c.
D. S. rib bellies, light average, 12$c.
FLOUR AND GRAIN.
FLOUR - Postell's Elegant. $7.25; Ome
ga, $7.50; Gloria (self-rising). $6.25; Vic
tory (finest patent), $6.25; Diarm»nd
(patent). $6.25; Monogram. $5.85; Golden
Grain, $5.40; Faultless, finest, $6.25: Home
Queen (highest patent), $5.65: Puritan
(highest patent). $5.65; Sun RiscN (halt
patent). $5.25; White Cloud (highest pat
ent), $5.45; White Daisy. $5.45: Sun Beam.
15.25; Ocean Spray (patent), $5.25.
CORN-—White, red cob. $1.10; No. 2
white, $1.08; cracked, $1.05; yellow. $1.05.
MEAL Plain 111-pound sacks, 97<
pound sacks. 98c; 48-pound sacks. $1.00:
24~jpound sacks, >1 02; 12-pound sa< a
$1.04.
OATS —Fancy white. 51c: Texas rust
proof. 58c; fancy clipped. 69c
COTTON SEED MEAL Harper, $29.
COTTON SEED HULLS Square sacks.
$lO per ton. Oat straw. 75c per bale.
SEEDS (Sacked): German millet, $1.65;
amber cane seed, $1.55; cane seed, orange,
$1.50: Wheat (Tennessee), blue stem.
$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
nist proof, 50c. blue seed oats, 50c
HAY -Per hundredweight: Timothy,
choice large bales, $1.70; Timothy, choice
third bales, $1.60; Timothy No. 1. small
bales. $1.40; new alfalfa, choice, $1.65;
Timothy No. 2, $1.20; Timothy No. 1 clo
ver. mixed, $1 40; clover hay, $1.50; alfal
fa hay. choice pea green. $1.30; alfalfa No.
1 $1.25; alfalfa No. 2, $1.25; pea vine hay,
$1.20; slnicks, 70c; wheat straw, 80c, Her
nuda hay. SI.OO.
COTTON SEED OIL.
Cotton seed oil quoratTons:
I Opening. I Closlng.
Spot : 6.58® 6.75
.August 6.38® 6.43 6.59® 6.65
September . . . / 6.38® 6.42 6 47® 6.50
October 6.38® 6.42 6.42® 6.48
November . . . / 6.18®6.25 6.20®6.21
December . . . 6.1 FT® 6.13 [ 6.11®6.14
January 6.11@6.15 6.12®6.14
l‘ ua ! . / 6.12® 6.2<> 6.1 5 ''
Closed strong; sales 7,700 barrels
NEW YORK COFFEE MARKET.
Uoffee quota tion sj
I Opening. I Closlng.
.January 13. ’s® 13.20 13.11® 13.12
Februa r v 13.15 13.1 o ® 13.12
March 13.22 13.12® 13.13
April 13.20® 13.25 13.13® 13.14
Mav 13.24 13.14® 13 16
June .13.20® 13.22 13.12® 13 14
July 13.15 13.10® 13.11
August [13.00® 13.01
September 12.96 13.00® 13.03
October 13.10®13.20 13.05® 13.07
November 13.10® 13.25 13.07® 13.09
December 13.20 1 3.10® 1 3,1 1
Closed steady. Sales, 116,750 bags
NEW YORK PRODUCE MARKET.
NEW YORK, Aug 21. Wheat steady.
September I.ol® 1.01 %, spot No. 2 red 1.06
in elevator and 1.07% f. o. b. Corn dull:
No. 2 in elevator nominal, export No. 2
nominal f. o. b . steamer nominal. No. 4
nominal Oats steady: natural white 39®
41, white clipped 41® 45. Rye quiet; No.
2 nominal f. o. b. New York. Barley
quiet; malting new 60070 * i f Buf
falo. Hay strong: good to prime 1.05®
1.40, poor to fair 90® 1.20.
Flour less active; spring patents 5.25®
5.50, straights 4.70® 5. clears 4.65® 4.90.
winter patents 5.15®5.40. straights 4.50®
4.70. clears 4.25®4.50. •
Beef stead'/ family 18®19. Pork
steady: mess 20®20.75, family 20® 21.25
Lard firm; city steam 10 a 4®10%, middle
West spot 11.25 bid. Tallow steady: city
(in hogsheads’ 6% nominal, country «in
tierces) 5%®6%
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 «
GEBEILS STM
ONGDDDDEiND
Market Closes Unchanged to
Fractions Higher After Active
Trading—Good Weather.
ST. LOUIS CASH QUOTATIONS.
XVheat No. 2 red 104® 105%
( ’<>rn 775) 77%
Oats 32® 33
CHICAGO, Aug. 21. Better weather
throughout the wheat belts of the United
States caused increased offerings tn he
seen in wheat and prices were a small
fraction lower at the opening today.
Northwestern receipts were smaller than
a week ago as well as a year ago. Pills
bury's best hard spring wheat flour was
marked *lown 10 cents to $5 70 this morn
ing Cables were lower on improved
weaiher conditions.
Corn showed some weakness early, hut
| this was regained later. Shorts were
buyers.
Oats were %c lower to unchanged and
slow.
Provisions were lower.
There was a strong undercurrent
wheat at the close and prices were un
changed for September and May. while
December was %c higher Cash business
was only moderate at 135.000 bushels in
lots, with millers the buyers. Some nf
those who sold early were buyers late,
and this changed the feeling partially, yet
the larger part <»f the professionals are
bearish.
Corn closed with gains of % to % with
the September future again the leading
bull help.
Oats were unchanged to % t*> %<• higher.
Provisions were rather uneven at the
close.
CHICAGO GRAIN MARaET.
TTev
Open. High. Low Close Close.
WHEAT—
Sept. 93% 93% 92 7 « 93-'% 93%
Dec. 92- 92 7 s 92 92 r *4 92%
May 96% 96% 96% 96% 96%
CORN -
Sept. 70% 71% 70% 71% 70%
Dee. 53% 54% 53% 54% 53%
May 5.3 5.3% 52% 53% 5.3%
OATS—
Sept. .32 .32% 41% 32% 32%
Dec. 32% .32% 32% .32% ,32%
Ma' 34.-. m 34 7 y 34% 347 34-
PORK—
Spt 17.87% 18.00 17.85 17.90 17.92%
Oct 17.95 18.07% 17.90 17.97% 17.75
Jan 18.70 18.85 ‘ 15.70 18.85 ~ 18.95
LARD—
Spt 10.77’2 10.82% 10.75 10.80 10.80
Oct 10.85 10.90 10.85 10.87% 10.90
Jan 10.57% 10.65 ]().55 10.00 ” 10.65
RIBS—
Spt 10. SO 10.90 10.80 10.87% 10.82%
Oct 10.82% 10.92% 10.80 10.90 10.80
lan 9.97’2 10.02% 9.95 10.00 9.97%
CH iCAGO CIR vOTS.
Following are receipts for Wednesday
and estimated receipts for Thursday:
We<jn’da> Tl t sday.
Wheat I 289 j 243
Horn I 155 I 101
oats ‘l9B 281
Hogs . . 25.000 i_ 20.000
PRIMARY MOVEMENT.
WHI.IAT— I 1912 1911
Kecpipts I 1,143,000 I 750.000
Shipments | 1,141.000 I 650,000
"COliN— I ~~ |
Receipts I 457.000 832.000
Shipments 345.000 361,000
LIVERPOOL GRAIN MARKET.
Wheat opened unchanged: at 1.30 p m.
the market was Ld lower. Closed un
changed.
Corn opened unchanged: at 1:30 p m.
the market was unchanged. Closed 'id
higher.
ATLANTA LIVE STOCK MARKET.
(By W. H. White, Jr., of the White Pro
vision Company.)
Quotations based on actual purchases
during the current week:
Chob’e to good steers. t.OOO to 1,200. 5.75
61.8."5; good steers. 800 io 1.000, 5.25'05.75;
medium to good steers. 700 to 850. 4.75®
5.25: good to choice beef cows. 800 to 900.
4."4j 1.",5. medium to good beef cows, 700
to 800. 3.75® 4.25; good to choice heifers.
750 to 850. 4.00® 4.75; medium to good
heifers. 650 to 750. 3.754/ 4.511.
The above represent ruling prices on
gooil quality of beef cattle. Inferior
grades ami dairy types selling lower.
Mixed common steers, if fat, 700 to 800,
1.004/4.50; mixed common cows, if fat, 600
Io 800, 3.50® 4.00; mixed common bunches
to fair. 600 to 800. 2.754/ 3.50; good butch
er bulls. 3.004/ 3.75.
Prime hogs. 160 to 200 average. 7 75®
8.25; good butcher hogs, •1" to 160 7.50®/
8.0(1; good butcher pigs. 100 to 140. 7.00®
7.50: light pigs. 80 to 100. 6.504/ 7.00; heavy
rough hogs, 200 to 250, 7.004/7.50.
Above quotations apply to corn-fed
hogs Masi) and peanut fattened hogs
HhlM/C lower
Good run of medium cattle in yard this
week, although the supply of strictly good
beef is short. Several mixed loads of
Tennessee cattle were among the arrivals
first of week. A few good steers were
selected from thes cars and brought the
top prices for this week.
Grass cattle are coming more plentiful
from local points: quality not yet up to
standard Owing to heavy rainfall this
season the grass lias contained too much
moisture ami grazing cottie are not yet
fat.
Market is considered strong tn % higher
on better grades and about steady on
medium stu ff Light and common cattH
arc slow sale at %®% under quotation of
a week ago.
11