Newspaper Page Text
MOOSE SAVIORS
OFHUMANRIGHTS
Senator Dixon Says They Are
Safe Only in Hands of
t Progressives.
<
By SENATOR JOSEPH M.
DIXON.
Chairman of the Progressive National
Committee.
NEW YORK. Aug. 26.—For the first
time since 1860 a political party has
put forth as its platform a declaration
of human rights. It is not. fn the
ordinary sense, a platform at all. The
Progressive party has really made a
covenant with the people. It presents
a scientific solution of the economic
situation that confronts ninety million
■ American citizens.
The Progressive ) rogrant contem
plates first a settlement of everyday
American problems, in contradistinction
to the platitudes contained in the Re
publican and Democratic platforms
which offer no solution whatever.
The Progressive program deals with
the abnormal conditions in industrial
life in America. It promises relief from
the subnormal conditions of living
which affect every man, woman and
child living under our government. 1
Meaning Not in Doubt.
Tt declares for decided and definite
principles—compulsory insurance for
loss of life or limb by men or women
engaged in industrial pursuits; a
minimum time of labor per day; a
minimum wage for iflen as well as
for women workers.
Our program declares for the con
servation of natural resources; but it
goes further than that. It declares
for the conservation of the people
theselves. and the conservation of its
citizens should be the first duty of gov.
ernment.
Every child born under the Ameri
can flag has the right to be well born.
It is the duty the. state owes to its
future citizenship to see that the chil
dren who are to be the men and
women tomorrow have an opportu
nity to be the right kind of men and
women. For this our program provides,
by definite, constructive suggestions
which are perfectly feasible to enact
into law.
While carefully safeguarding the
rights of property, the Progressive pro
gram declares broadly that the rights
of human beings are greater than prop,
erty rights, and if it is necessary to
sacrifice the one or the other the rights
of human beings must be protected.
We are not seeking to do anything
Utopian or ahead of the times or im
practical. What we propose can be*
done. We do not need to wait for the
slow evolution of human nature. Hu
man nature Is honest enough and suf
ficiently advanced today to provide
good government if we can keep those
who would prey upon the people from
coming between the people and the
government.
Program of Simplicity.
One of the things that commends our
program is its simplicity. No voter
who reads it lays it down with any
doubt as to its meaning.' It does not
require a course of economics to un
derstand what we are seeking to do or
how we are seeking to do it.
We merely have voiced the protest of
the people who have suffered wrong
against the wrongs they have suffered,
and against the men and the conditions
that have imposed those wrongs. Hav
ing voiced that protest, we have found
a scientific way to better the conditions
and to make it impossible for dishonest
men to take unjust advantage of hon
est men,
AH we ask of the voter is to read our
platform and compare its specific utter
ances with the meaningless generali
ties in the platforms of the Democratic
and Republican parties. Then, after he
has done this, we ask him to consider
which he would prefer in office: Men
who promise to do something definite
and useful, and are willing to leave
lifelong party ties in order to do it. or
men who subscribe to platforms that
promise nothing but offices to those
who sacrifice what convictions they
may have to thejr desire to continue to
feed at the public trough.
Compare the Men.
Again, we ask that the voter compare
the men who are in our party with the
men who are in the others; place their
records side by side; consider their
achievements, and then go to the polls
and vote for the set of men who have
really done something.
We are on the verge of a change of
government. It must come, and it will
come. We propose to bring it about
peacefully and with no interference
with business that is honest.
The two old parties insist on the
same old way. Let them insist. The
people will get their way. but they are
likely to get it suddenly and perhaps
Violently.
The worst enemies of the two old
parties are the men in each who insist
no change is necessary The Republi
can party foundered at Chicago, led to
destruction by the men who could not
s-e the breakers ahead
We as progressives have been able to
understand the needs of the people a
little better To serve them we had to
'■five the Republican party, but we had
In ather desert a decadent and deci
mating party than desert the people of
•hi I'nlted States
FUNERAL NOTICE.
Al.ltßElt The friends of Mr- Caroline
Werber, Mr \lex C Werber and Mi I
and Mrs Carl A Werber are Invited
to allend the funeral of Mrs Caro
line Weiher tomorrow iTue.Milax . v-;. ;
gust 27, 1912. at 3 o'clock, from the I
chapel of II M I’a'icrson w Son
He\ (< Nowsinati wII ofttcial*- In
ferment w .11 be n Wistv.ee ceme(e"i
Tiie following nameil gentlemen
please art a* iiallbrareis and mol at
the chapel «' •« o. i.» k Mr folio
M Green Mr W D Hot | Mr M
Mow, M> It II Stillaell Mr J. C
l<. alt n ami .Mt I II Uln lierly
DEBS ACCEPTS, TOO,
WITHOUT CEREMONY,
RAPPING OPPONENTS
TERRE HAUTE, IND., Aug*. 26.—Eu.
i gene Victor Debs today accepted the
I Socialist nomination for the presidency.
There was no notification committee,
the candidate merely sending a state
ment to the newspapers announcing his
acceptance.
In his statement Debs said:
"The new Progressive party is a par.
ty of progressive capitalism. It is lav
| ishly financed and shrewdly advertised.
But it stands for the rule of capitalism
all the same.
"When the owners of the trusts
finance a party to put themselves out of
business, when they turn over their
wealth to the people from whom they
stole it and go to work and make an
honest living, it will be time enough to
consider the merits of the Roosevelt
Progressive party.
"One question is sufficient to deter
mine the true status of all these par
ties.. Do they want the workers to
own the tools they work with, control
their own jobs and secure to themselves
the wealth they produce? Certainly
not. That is utterly ridiculous and im
possible from their point of view."
He put the Republican and Demo
cratic parties in the same class.
FACT MIO KIP
IN MONEY MARTS
Country’s Crops Exceed This
Year Nine Billions and Pass
All Previous Records.
By B. C. FORBES.
NEW YORK. Aug. 26. -Every hour
brings bumper crops nearer American
granaries and should bring, a little later,
lower prices for the things needful for
the breakfast, dinner and supper table.
That is the cheering news which can
be truthfully recorded this week.
Financial and business America has in
haled a fresh draught of courage. With
out confidence petty obstacles become in
surmountable; with confidence barrier
after barrier can be scaled.
There are sound reasons for the trans
formation in sentiment. They stand out
prominently on all sides.
First: Nature, after her wont, has
dealt bounteously with the United States.
The farmers have seen themselves grow
richer and richer during recent weeks,
until today nothing but a miracle can
prevent the garnering of greater harvests
than the country has ever yet known.
The total value of our agricultural prod
ucts will not fall short of $!♦.000,000,000. It
may be fotind that Secretary of Agricul
ture Wilson’s next report will contain a
figure approaching $10,000,000,000 Cotton,
heretofore a laggard, has fallen into line,
as the drop in quotation for the staple
convincingly reflects.
Nine billion dollars of new wealth from
the soil is a solid foundation on which to
build genuine prosperity.
Politics No Longer Bugaboo.
Second: Politics no longer frightens
frightens capital. Did the passage of the
wool and steel tariff measures by the
house of representatives over President
Taft’s veto precipitate a stampede in the
industries affected? Not for an instant.
The market value of the steel trust’s
shares greeted the news by advancing
to a new high level for the current move
ment, while the business world as a
whole showed not one tremor.
Each of the presidential candidates
realizes that the old destructive policies
have fallen from favor, and that* the
people now demand sensible, constructive
legislation. At the same time, remedies
for the corporate evils that still exist are
accepted by capitalists as not only in
evitable, but in the end desirable.
Rapid Trade Expansion.
Third: Trade «s expanding wonderfully.
material is at a premium in the
steel industry, the* railroads are already
carrying the heaviest volume of traffic
in their history, and are urging equip
ment manufacturers to expedite delivery
of new supplies, building is distinctly
active, cotton mills are restricted only
by a scarcity of labor, foreign trade is of
record proportions, the July production of
refined copper reached a new maximum
for the country, the leather business is
booming, an abundant fruit crop Is
swamping tanners, and. as a corollary,
bank clearings are well ahead of any re
cent year.
Surely that is an inspiring catalogue!
Higher Money a Certainty.
(»f course, money is necessary to han
dle increased business as well as to
bring crops from the field to the market.
Consequently higher interest rates must
be expected. But American bankers are
taking the precaution >f applying early
to London and Paris for accommoda
tions. This is done by selling loan bills
to these centers, these bills to be met
when they fall due by shipments of cot
ton. grain and other commodities. So
far money rates here have not become
unduly high the real pinch has not come
yet, as the West has not begun to draw
heavily upon the East.
Investors are not showing a keen ap
petite. Offerings of new bonds have been
kept down to a minimum, note issues are
light and few stock flotations have been
attempted. There is likely to be keen
competition for new capital by and b\.
with every indication that generous
terms will have to be allowed.
Higher Rates Demanded.
Efforts are being made in many sections
of the country to obtain higher rates
on various classes of traffic, and it is
possible, the commission will now act
with greater consideration. Choke the
railroads and the whole stream of com
merce will be dammed Happily the anti
railroad mania is passing
Indeed, the attitude of the American
people toward business as a whole is rap
idly ln«<>ming sane. The probletus that
must still be solved premise to be han
dled, not with prejudice and passion, but
with common sense and statesmanship
AGED KENTUCKY MASON DIES.
LOUISVILLE. KY. Xug. 26 -Captain
] H. B. Grant. for 32 yeirs grand >♦-•)•••
| tarx of th* G and Lodge <»f Kenturk'
1 Mas-ms. iiivi oiu of the recognized Ma
on. authorities of the country died
i Uidax aged 75
lb ‘ah pTMdet.t of tin grand sri
it< guild of ih»* United stai« k »inc»
| lit orgaihzutlot. »
THE ATLANTA GEORGIAN AND NEWS. MONDAY. AUGUST 26. 1912.
BEARISH REPORTS
LOWER COTTON
Heavy Realizing Among Spot
j Interests Sends Prices to
Lowest Point.
i
| NEW YORK. Aug. 26. Free offerings
; from a number of sources caused the cot
ton market io open 3 to 12 points lower.
There were favorable crop reports from
J various parts of the belt. Spot houses
! both here ami the South were liberal sell
i ers. A private dispatch that the Texas
crop would reach 5.V00.000 bales was also
a factor. After the call the market was
steady on covering by the room.
The market was stagnant during the
late forenoon trading, with little or noth
ing doing and prices firmly maintained
around the opening Later during the
afternoon session, renewed hedge selling
and large spot interests liquidating caused
a downward movement in prices of 5 to
8 points. The many reports of bearish
character and the late weather map show
ing indications for favorable weather
overnight were believed to be factors for
the heavy realizing among traders.
The ring crowd during the last half
hour of trading began to liquidate -heav
ily and prices showed further weakness,
with October and January going below
the 11c level and prices throughout the
list receding to the lowest levels since
the recent bear movement prevailed.
■ At the close the market was easy, with
prices at a net decline of IK to 26 points
from the final quotations of Saturday
RANGE GF NEW YQRK FUTU R*S3.
c I x: I . • I • si | .• 4<
£ •- I o rt « Z °
Oj * | r-l p-A O | CmQ
Aug. 10.95 10.95 10.78'10?/& 10777-78
Sept. 10.94 10.94 10.78 10.78 10.77-78 11 03-04
Oct. 11.17 11.19 10.99 11.01 11.01-03 11.23-24
Nov. 1.1,15 1 1.16 11.15 11.16,11.06-08 1 1.28-30
Dec. 11.27 11.29 11.09 11.10 11.10-11 11.32-33
Jan. 11.17 11.19 10.99 10.99 10.98-99 11 23-24
i feb 11.04-06 11.22-31
Mar. I 1.30 1 1.31 11.12 11.13 11 13-14 1 I H
May 11.39 11,39 11,19 1119 11.19-20 11.43-45
Closed easy.
Liverpool cables were due 1 to 1%
points lower. Opened quiet 1 to 2 points
lower. At 12:15 p. m. the market was dull
at a net decline of 3 to 4% points. Later
cables were % point lower than 12:15
p. m. Spot cotton quiet 5 points lowei :
middling, 6.58: sales. 6.000 bales; Ameri
can. 5,000; imports. 3,000, all American.
Tenders new docket 1.000.
Estimated port receipts today 17,000
bales, against 6.477 last week and 8.428
last year, compared with 12,021 in 1910
At the close the market was quiet with
I prices a net decline of 4% to 7 points from
the final figures of Saturday.
RANGE IN LIVERPOOL FUTURES.
Futures opened quiet.
Range. 2 P. M. Close. Prev.
Opening Prev.
• Aug. . . . 6.40 -6.38 6.37 6.36 6.43
Aug.-Sept 6.32 -6.30 6.29 6.27% 6.34%
Sept.-Oct. 6.18%-6.16% b. 16% 6.15 ‘ 6.20%
Oct.-Nov. 6.15%-6.13 6.12% 6.11% 6.17
Nov.-Dec. 6.114-6.10 6.09 6.07% 6.124
Dec.-Jan. 6.11 -6.094 6.084 6.07 " 6.12
Jan.-Feb. 6.12 -6.094 6.084 6.08 6.13
1 Feb.-Meh. 6.13 -6.11% 6.10% 6.094 6.14
Meh.-Apr. 6.144-6.11 6.11 6.10 4 6.154
Apr.-May 6.15 -6.14 6.11 4 6.11%
May-June 6.17 -6.13 6.14 6.124 6.174
’ June-July 6.12 ~ 6.17 4
1 Closed quiet.
HAYWARD & CLARK S
DAILY COTTON LETTER
NEW’ ORLEANS, Aug 26. Develop
ments and news over Sunday were against
1 the market and explain the decline in
. Liverpool, wnere futures were about 4
points lower than due; spots 5 points
lower; sales. 6.000 bales. W’eather condi
' tions over Sunday were very favorable:
part cloudy to fair and warm, some scat
-1 tered showers. Indications are for a con
, tinuance of these conditions, except that
the Western stales will have increasing
cloudiness and rain and cooler weathei
will come on them in the next few days,
t The movement of new cotton is picking
. up rapidly. Galveston received 5,00“
' bales more today than last year and ex
pects 33,000 to 35,000 tomorrow, against
z»3,000 last year. ' The market opened a
: few points easier, but held very steady
Fear of a low bureau checks selling and
provides a demand to cover shorts, which
explains the steadiness of the market.
RANGE IN NEW ORLEANS FUTURES.
I I |4l> | -il
Io; = I
Aug. 11.43 11.43 1 1.38 11.38 11.37-39 11.14
i Sept. 11.13 11.39
Oct. 11.28 11.31 11.07 11.07 11.07-08 11.34-35
Nov 11.08-10 11.35-37
Dec. 11.31 11.34 11.10 1 1.11 11.10-11 11.36-37
Jan. 11.34 11.37 11.12 11.13 11.13-14 1 1.39-40
Feb 11.15-F7 11.11-43
Mar 11.45 1 1.48 1 1.25 11.25 11.25-26 1 1.51-52
Apr. ■ 11.27-29 1 1.53-55
May 11.58 11.58 11.35 11.35 11.35-36
Closed barely steady.
COTTON MARKET OPINIONS.
Baily & Montgomery: “From every
point of view the situation needs close
watching. ’
Browning & Co.: “It would require an
unheard-of prolongation of summer
weather and favorable conditions into the
fall to justify any decided decline from
tjae 1! -cent level.*
Miller & Co.: “We can <»nly continue
our dally advice against following the <le
, cline at this time ”
Ray & Co.: “We expect no permanent
advance an<l continue to advise sales of
January on all periods of strength '
Stemberger, Sinn Co.: “We do not
look for much change either way and it
appears as if operators would have to bp
content with very small profits for the
I time being.”
SPOT COTTON MARKBT.
Atlanta, nominal: middling 124
New Orleans, steady: middling II 11-16.
New York, quiet; middling 11.50.
Boston, quiet: middling I 1.50.
Philadelphia. <iuiet : middling 11.75.
Liverpool, easy; middling 6.58 d
Augusta, quiet; middling 12’ 4
Savannah, steady: middling 11 " 4 .
Mobile, quiet: middling 11 ‘4
I Galveston, quiet ; middling 12c.
Norfolk, quiet; middling 12c.
I Wilmington, nondnat.
Little Rock, nominal, middling 11 \
Charleston, nominal
Baltimore, nominal: middling 12
Memphis, quiet: middling 12c.
St. Louis, dull; middling 12c.
Hutiston, steady; middling 11 .
Louisville firm; middling 12c.
PORT RECEIPTS.
The following table shows receipts a’
the ports today, compared with the same
day last year:
I ’ 1911.
New Orleans. . . b'.
Galveston 16,629 .1 1,940
Mobile 13 173
Savannah 136 4.312
Wilmington .... 25
Norton . . 15 217
Total. ' 7 . . 16,905 | JS. 12.-
INFERIOR movement.
I 1012 _| 1911. _
Houston 29,591 I 29,053
Augusta 68 856
Memphis 82 494
St Louis 94
Cincinnati 57 2'.»
Total. .■7T . . 29.892 710.43? ~
NEW YORK GROCEHRIES.
NEW YORK, Aug 26 Coffee w»ak.
Nn 7 Rio spot ’44 asked Rhe firm,
domestic ordinary to prime 4411.54 \p.
Ihmmps .New Orleans open kettle
361150 Suga* trtw fitrn. centrifugal 4 11.
museovade »KI molasses sugar 3 36, j»
finetl firm granulated AIR •u'
hiaf 90. < rushed 58“ nmld \ 5 t’> < ul- *-• I
53. pondered '-.A diamond \ 520 t «.n
- '■ 1 i , • 1 • ■
No 3 4 No 1 4*o
HABERSHAM KING. IN
REPORT. ESTIMATES
S.OOO.OOOBALES IN TEX.
•HABERSHAM KING REPORT 5 MKT
Habersham King s cotton crop condition
report by states follows:
| Georgia—The crop must have marked
improvement through the state.
• South Carolina While rain would be
beneficial to the whole state I neverthe
less consider the week's development as
favorable.
I Missisippi—Some complaints of defl
l dent rainfall: otherwise week s develop
i rnents favorable.
; Alabama As indications are very prom
.‘ising for general rains one must consider
the developments of the week as favor-
1 able. •
Louisiana Week favorable: some se.c
--( tions complain of insufficient rainfall, but
■ no damage as \et threatened.
Tennessee—While ntore moisture would
:»be acceptable, no section is in immediate
' need and the crop must have made good
, I progress
j Arkansas on the whole the week’s de
-1 velopments are stand-off. Should moder
ate or good rains fall next week no 'lam
age will be done. Should dry weather con
. ditions continue damage will be imminent
, ; Oklahoma—As a whole the state has
(abundant moisture in the soil to carry
this crop to ngaturity. but of course fur
, ’ ther moderate rains would not be in
r I juHous. Neither let me say in passing
’ ; that their absence would have any seri
( ous effect.
Texas —Just byway of a joke to see
what my* ideas at this time may be worth.
I will suggest a probablllix of 5.000.000
bales fcr Texas, unless future develop
ment proves very unfavorable.
• ‘ North Carolina The crop on the whole
I would be better if good, soaking rains
came; it still, however, maintains its ex
cellent condition which was threatened
, I with deterioration last week. In conclus
ion there is very little to be said on the
week’s development. While trading close
to danger line of too dry. no section of
the entire belt is injuriously so except
small as in southwest and west central
Texas, a negligible factor considering the
whole belt.
NEWS ARD GOSSIP
Os the Fieecy Staple
NEW YORK. Aug 26.—Carpenter. Bag
got & Co.: The Journal of Commerce
crop condition of South Carolina and
Georgia follows:
South Carolina—Advices from this state
are very conflicting. There has been too
much rain tn many sections, while some
1 sections are badly in need of moisture.
Complaints of small stands are frequent
and not a few correspondents report in
jury from- the red spider. Shedding has
! developed in a number of localities. The
[crop is still large, though one or two
correspondents report picking has com
menced. A few say there has been con
-1 siderable improvement in condition dur
ing the last three weeks.
Georgia—Reports from this state are
very favorable. Manx correspondents re
-1 port decided improvement during the past
I ten days, the weather having been excep
| tior.ally propitious. There are occasional
I references to the plant being small, but
• strong. In some localities the crop is
I late and in others there has been 100
• much rain. Fear of early frost is often
1 mentioned, but the general tenor of ad
vices is more satisfactory than usual.
I Some prominent spot interest with for
| eign connection were among the best sell
ers today. Hentz was a principal seller
here.
Hentz. Freeman. Young and McGhee
were said to be the best sellers after the
call. Hubbard, Gwathmey, Shearson and
; Gifford were best buyers.
Dallas wires: “Texas —South and south
! I west generally clear, balance cloudy ;
sprinkling rains at Whitesboro, Paris.
Oklahoma—Generally clear.”
Texas cotton crop this year is expected
1 to break all previous records. Conserva
tive estimate places output at more than
’ 5,250.000 bales.
1 : Riordan and Rich good buyers Pear
-1 sail. Springs, (’one. Hentz offering Spot
1 houses continue to sell.*
** Habersham King estimates Texas at
• 5.000,000 bales. Looks like good deal of
• hedge selling by spot houses today.
Following are 11 a. m. blds: October
II 14. December 11.24, January 11.14,
' March 11.27.
’ NEW ORLEANS. Aug 26. Haywaui &
(’lark; The weather map shows fair in
Oklahoma. Arkansas, partly cloudy to fair
> in the Atlantics and generally cloudy in
‘ the rest of the belt; scattered showers,
mostly light, central and eastern states
Indications are for cloudy with show’ers
next forty-eight hours in western states;
partly cloudy in the rest of the belt; prob
1 ably some scattered showers: ideal tem
peratures.
Forecast for week: First half of week
generally fair, with moderately high tem
peratures; well distributed showers; low
er temperatures probably latter half of
week in Southern states. There are no
indications at present time of disturbance
in West Indies.
All developments and news over Sun
day are against the market. Weather
1 was perfect.
The Journal of Commerce gives h very
good account of South Carolina and Geor
i gia.
Huntsville, east central Texas, had .32
rain Saturday. Prominent planter here
brought full grown bolls from cotton
planted on overflowed land on June 10,
and says all will be open In ten days.*
Urop in splendid condition.
Estimated receipts Tuesday:
1912. 1911
Galveston .32,000 to 35,000 23.272
New Orleans 400 t > 500 7,4( 1
COTTON SEED OIL.
NEW YORK. Aug. 26. Carpenter, Bag
got & (Jo.: The cotton seed oil market
was a little steadier during the forenoon
with small offerings and moderate cover
ing owing to rumors that tenders on Sep
tember contracts would be small. Inter
j est in the market is small at present, and
• price changes depend largely on the na
ture of trading and have little to do with
(the commercial situation. New crude oil
is not yet moving in volume and there
has been comparatively little hedge sell
ing.
»*rf tnn o*l quotations .
I Opening Closing.
Spot . ' .... [
August 6.4911 6.55
September 6.51 Cq 6.52
October 6.51 fa 6.53 6.501/6.51
November 6.221/6.27 6.201/6.21
December 6.131/6.14 6.101/6.13
January
February ‘6.1366.19 6.1266.15
Closed strong; sales 7,800 barrels.
NEW YORK COFFEE MARKET. •
Co ff c p 'pintail ons:
' Opening. ~i~~Closlng7~
Ja nuarv 12.80612.82 12.856 f 2.88
Kebruarv 12.806 12.86 L 851/12.88
March 12.91 12 916 12.92
April. ..... ’2.90612.9512.94612.95
May 12.95 12.97612.98
June 12.901/ 12.95 1 2131/ 12.95
I July 12.86 11.906 1: 91
! September .... 12.651/12.75 12.K5612.66
( x tober 12.656 12.75 12.7! 1/ 12.74
November 12.65 1'.‘.781/12.8t)
: 1 • • • • • i • • ■ 12.84612.85
Closed steady Sales, 74,1)00 bags
LIVE STOCK MARKET.
'■Hl'' >. aig |6 i toga I eipta
2.400 Market 10< higher; mixed and
butchers. 8.056 9.00; good heavy, 8.306
8.80; rough heavy. 7.951/8.20; light 8 301/
i 9.00; pigs, 7.251/8.35. bulk. 8 8.85
Callie Receipts, 17.<‘00. M.trkci steady
• lO< higher: beeves, o.s“'</ 10.50 cows anil
(heifers. ‘.’501/8.60. Stockers and feeders.
4 *O6 7.50. Texans. .*6.251/ 8 90, calves. 8.50 !
1/9.75.
Sheep Re« eipls. .3 ..“<•(» Market w eak
10< lower; native und Western. 3 151/ 4 40;
| lambs, 4.251/ 7 2*5
BUTTER, POULTRY AND EGGS.
NEW 3ORK, Aug 2'6. Dressed poultry :
I quiet; turkeys 141/23. chickens 146 25.1
• fowls 121/2'. ducks 181/’8‘ 2
Live poultry steady . <*hl< kens Ihl/|!«’ 2 .i
fowls 14‘ 2 bld. turkeys 14 asked, r<ioMters i
i I 5‘ 2 asked, dtu ks 14 asked
Butter Hira'iy, creamers specials 2*66
J6‘ v « rramery extras 25625’> state dairy j
ttibsr JI bld. process specials 2*4 M2t'.
I.ggs fit in nearby v hi’< fancy fii/ .';j
eaart'\ hr"wn fa»i« \ :7 pmkh fitsls j
• 256 ;.‘K first s 21 ‘a 622 1
| t’hresi' firm who!». oidk s|'F' hG ’ho
ir; 4 . winp o’lik fancy 18 4 bfi| nkunii
< fa s IL 1 -- l d skims fin- H‘»6ll\.
{CANADIAN PACIFIC
{DECLINES HEM
.1—
Uncertainty of Value of Ex
pected Rights Causes Irregu
larity in Other Issues.
By CHARLES W. STORM.
, I NEW YoRK. Aug. 2>. At the opening
•of the stock market most interest cen
; tered in the copper group with a contin
ued demand for these issues. I tah rose
» b to t»7, making a new high record w’hile
ft actional gains were scored by Amalga
mated. Smelting and Chino Smelting was
up 3 g. while Amalgamated rose W ith
the resumption of business on the London
market Canadian Pacific sustained a buhl
movement which caused that issue to open •
here at 273*fc. against a gain of 1’ 2 over I
Saturday's close.
Changes in the prices of the usually - I
active stocks were without much choice]
. during the first fifteen minutes. Reading
lost at the opening, but later recov- j
( ered. Lehigh \ alley moved up a a . but j
reacted ‘ 4 . I nion Pacific was again sup-I
plied at a concession, yielding r, a to HCPi
> Pennsylvania, Atchison and the Hill
■ stocks made small gains. Steel common
after opening ’ H higher moved back to
1 *3 7 p, Saturday’s last price.
The curb was steady.
. Americans in London were supported.
A heavy tone in the late forenoon pre
vailed on the stock market. Union Pacific
and St. Paul declined a point each. Cana-
I dian Pacific was under pressure, declining
. 3 3 t to 269 ;, 4 . This selling was based to a
great extent on reports on antagonism of
the Western road.
Moderat* pressure was felt, forcing re
cessions from the midday range in nearly
all the important issues. I’nterborough-
Metropolitan was active, declining \ to
58 3 4 . Chesapeake and Ohio was also sup
plied for a loss. Arbitage briers bought
2.000 shares of Amalgamated Copper and
sold 3.000 shares of United States Steel
common and 1.300 shares of Union Pacific
common.
NEW YORK STOCK MARKET.
> Stock quotations:
' I I lijisi I C'.os.|Prev
STOCKS— IHi gh I L ow.JS a1 e JI: I <l.! Cl' s«
Amal. Copper.; 88% ’B7 7 s 87 7 s
Am. lee See 25*4 25
Am. Sug. Kef 128 127%
■ Am. Smelting 88\ 87 7 9 88> s 88 s , 87U 2
Am. I.oeomo. . 45'., 45'. 45'. 45U 45'..
’ Am. i'n Edy. bl'. 61 |6l 60 7 s 6l
Am. Cot. Oil .. 54%; 54'. 54T 8 i 54 54*.
Am. Woolen ' .... 28' 2 2H
Anaconda ... 4«'. 45% 45% 45% 45%
Atchison 108% 108% >IOB% 108%H08%
A <’. L 145%145'i. I4s' a 144 145
Amer. Can .. 40% .39% 40 . .39%
do. pref 119% 119',
Am. Beet Sug. 72% 71% 71% 72 72%
Am. T. and T. 1 44 7 , 144% 144% 144% 145
Am. Agrieul 59% 59%
1 Beth. Steel .. 40% 40% 40% 40% to'»
' B. U. T 9.3 91% 91% . 92
B. and 0 107% 107% 107% 107-% 107%
Can. Pacific . 273%;269%i271 % 271 % 272
Corn Products 15% 15% 15% .. . 15%
C. and <> 82 81 % 81% 81% 81%
.Consol. Gas .. 145% 145% 145% 141% 145%
Cen. Leather 29 28% 29 28% 28%
Colo. E. ami I 31 31 31 31 % ...
Colo. Southern 40% .31%
: D and H 172% 172% 172% .... 172
1 Don and It. G .... 20% 21%
I Distil. Secur. .35% 35 35 34% 34%
; Erie 36% 86% 36% 36% 37 •
■ I do. pref 53% 53%
■|Gen. Electric 182% 182%
Goldfield Cons. 3% 3% 3% 3% 3%
' G. Western 1 19 j 18%
' G. North., pfd. 139% 138'% 128% 138% 138%
’ G. North, ore. 45’., 45% 45% 45U 45%
Int. Harvester 121 " 120%
’ 111. < 'entral 130%. 130
7 Interboro ... . 20% 19% 19% 19% 20
do. pref. . 69%. 59 59 58% 59%
' lowa Central . ........... 10 pt
1 K. C. Southern 26% 26% 26% 27 26%
K. ami T .... 28% 28% 28% 28% 28%
do. pref 62% 62
■ L. Valiev. . . 170% 169% 170% 169% 169%
1., ami N . . . 167% 136% 166% 166% 167
Mo. Pacific . 38% 38% 38% .38% .38%
! N V. Central 116% 115% 115% 116 115%
Northwest 141 141
1 Nat. Lead. . . 597 K 59 3 8 59 7 8
1 N. and W.. .118 iis m.s 118 U 117%
. No. Pacific. . IL’S s U7’ 4 ILB% 1-7 7 « I2B’ m
‘ <>. and 0.. . . 37 37 37 37%
■ Penn 124% 124 3 4 124% 124% 124 5*
i Pacific Mad 30% 30%
I’. Gas <’•».. . 116% 1161/..
P. Steel Car. 38 38 .38 37’ 4 37\
Reading . 169% 168% 169 169’ 4 169
Rock Island .25 25%
L do. pfd 51% 51 y-
R. I. and Steel ... 28 28%
do. pfd 90% 91%
So. Pacific. . 111 % UO 3 4 111 111 111%
So. Railway . 30% 30% 30% 30% 30*ft
do. pfd.. . . 80 80 80 ; 78% 79 3 4
St. Paul. . . 105\ 105 IO;>% 105? 4 106‘u
Tenn. Copper 41% 4 1 44 43 3 4 44%
Texas Pacific » 22% 22%.
Third Avenue .... ! 37% 37
, Union Pacific 171 170% 170%170% 171 %
( U. S Rubber . 51% 51% 51% 51% ....
Utah Copper . 67% 86%, 66% 66% 6S‘ K
U. S Steel . . 74 73% 73% 73% 73%
do. pfd . . . 113% 113% 113% 113 113
V. Chem. . 47% 48
West. Union . 82 82 81% 81 % 82
Wabasl 4 *'
. ; do. pfd.. . 14 14 14 14 ■ 13%
1 W Electric . 87% 87% 87% 87 87%
Wls. Central 59 57
W Mary land . ___ 57 ’ 4 58
Total sales, 293,381 shares.
MINING STOCKS.
• ■ - -
B< >ST< ‘N, Aug 26. Opening North
Butte. 33%; Giroux, 5%: Shoe Machine.
55%; Butte Superior, 43%; Utah Copper,
66%.
LOCAL STOCKS AND BONDS.
Bid. Asked
Atlanta and West Point R. R. 140 145
American Nat Bank 220 225
Atlantic Coal & he common. 100% 101
Atlantic Coal Ice pfd 90 ” 92
Atlanta Brewing <fr Ice C 0.... 170 . .
Atlanta National Bank 325 330
Broad Rlv. Gran. Corp 25 30
do, pfd .... .70 72
Central Bank 4 <- Trust Corp.. . 147
Exposition Cotton Mills . .. 160
Fourth National Bank 265 270
Fulton National Bank 127 131
Ga. Ry. Elec, stamped .... 125 126
Ga. Ry. Power Co. common 28 30
do, first pfd 81 85 i
do second pfd 43 45
Hilly er Trust Company 125 127
1./»wry National Bank 248 250
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
I Travelers Bank # Trust Co.. 125 126 i
BONDS.
| Atlanta Gas .Light Is 102
• Broad Riv. Gran Corp. Ist 6s 90 95
(Jeorgia State 4%5. 1915, 55... 100/ 2 101 % .
: Ga. Ry. <K- Elec. "Co. 5s 102%. 104
' Ga. Ry. a Elec. ref. 5s 100 “ 101
Atlanta Consolidated 5s .... 102%
I Atlanta city 3%5. 1913 1»1 92
I Atlanta City 4s. 1.920 98 99
j Atlanta City 4%5, PCI . . 102 103
NE WYORK PRODUCE MARKET. [
NEW YORK. Aug 26. Wheat steady 1
i September 102%'ql 02%. spot No 2 red
| 1.06% in elevator and 1.07% f. o l> Corn ,
(dull; No. 2 in elevator nominal export
| N’o 2 nominal f u b.. steamer nominal.]
No 4 nominal Oats firm; natural white
37'd 41. White / lipped 4 '(/ 14 Ry»- quiet I
N" 2 noinimd f o. b New York Bar- I
ley qui»-t; malting new 60(<i72 < i f Buf
falo. Hay firm: good to prime 1 I O'//I 40,
poor to fair I.lofa 1.20.
Flour mor» Active: soring patents 125
, *■'/ ’ s(t. Mt i a ignis 4 757/5 (i“. . (ears t ’».'»ff/ I
; 195 winter
( I fJifa I ,(). clear.-- I 257/ 4.50
Beef firm, family 18.00fi19.00 Pork
I steady . mess 20.00 fa 20.50, family llO.OOta j
(21 25 Lard steads, city steam 1100 bld. I
mi.'.'. 1 ~«•.,
city /in I" gsh/'ii/ls > 6% nominal, eountry i
(•in 11 er/ em » .5 s , 7/ ♦; %
Mil and answer the Want X»i- n 'I t,» *
Georgian \ g- od rule Lu er.' Indivl/|
ual w » • r» .»ds Make 11 out rule an<| !
\oo wij !-»• mure prosperous and more
/ ontantrd
weather J
Conditions.
I WASHINGTON, Aug 26.—There will be
; showers tonight or Tuesday throughout
the Atlantic and east gulf states, Tennes
see and Ohio valley and the lower lake
region. In the upper lake regions and the
j lower Ohio valley’ the weather will be fair
} tonight and Tuesday .
A change to lower temperatures will 1
overspread the northern and middle states I
east of the Mississippi river during the
• next 36 hours.
General Forecast.
Following is the forecast until 7 p. m.
Tuesday:
Georgia Local showers tonight or
Tuesday.
Virginia and North Carolina Showers
tonight or Tuesday.
South Carolina—Local showers tonight
or Tuesday.
Florida. Alabama and Mississippi
Local showers tonight or Tuesday.
Louisiana—Generally fair, except prob
ably showers in extreme southeast.
Arkansas. Oklahoma. Indian Territory.
East and West Texas—Generally fair.
DAILY WEATHER REPORT.
ATLANTA. GA.. Monday. Aug 26
I Lowest temperature 68
Highest temperature 84
Mean temperature 76
| Normal temperature 75
• Rainfall in past 24 hours, inches 0.17
I Excess since Ist of month, inches. . . 0.03
Excess since January Ist. inches 16.56
- -
VARIOUS STATIONS.
1 {Temperature R’fall
Stations-- | Weath. 7 Max. i 24
. I a. m. jy’day. hours
Augusta Cloitdy 72 .. .56“
Atlanta Cloudy 70 84 .16
Atlantic City.
. Anniston
Boston ( 62 90 ....
Buffalo Cloudy 70 76 .12
Charleston . .Clear 78 88 ....
Chicago (’lear 74 90 ....
Denver Clear 62 94 ....
Des Moines ... Clear 72 96 ....
t Duluth Cloudy 58 58 ....
Eastport ....Clear 54 74 .12
Galveston ....Clear 82 88 ....
Helena (’loudy 54 84
Houston Clear 78 1 ....
Huron (Cloudy 56 100 ■ ....
Jacksonville Cloudy 72 86 .12
Kansas City.. Clear ■ 7»» 96 ....
Knoxville ...Cloudy 70 86 ....
Loulsv Le ....Cloudy | 78 92 ....
Macon dear 72 90 ....
Memphis ('lear 76 88 ....
Meridian ... (’loudy 72 ....
Mobile Pt. cldy. 78 86 ....
Miami Clear 84 90 ....
Montgomery JCloudy 74 90 ....
Moorhead . .. (’loudy 56 94 ....
New Orleans, (’lear 78 90 ....
New York.... Clear 76 86 1 ....
North Platte, ('lear 1 60 98 ....
Oklahoma ....dear 72 96
Palestine ...Pt. cldy. 76 94 1 ....
Pittsburg . . Raining 70 86 .02
P tland. Oreg. Cloudy 58 ! 76
San Francisco (’loudy 58 66 ....
St. Louis Raining 72 88 .72
St*. Paul ('lear 62 90 1 ....
S. Lake City.. Clear 68 90
Savannah ..Clear 74 .18
Washington . C1 <>udy 72 92 1 .. . .
C. F. A r on HERRMANN, Section Director
#
{ATLANTA MARKETS
EGGS—Fresh country candled, isq£2oc.
BUTTER—Jersey and creamery. In 1-lh.
blocks. 20(&f22%c; fresh country dull, 10@
12%c pound.
DRESSED POULTRY—Drawn, head
and feet on. per pound: Hens, 17©18c;
fries, 25©27%c; roosters. Bfa4oc; turkeys,
owing to fatness. 18@20c.
LIVE POULTRY- Hens, 40@45c; roost
( ers 25©35c: fries. 18fa 25c: broilers, 20(g)
t ’2sc; puddle ducks. 25©30c; Pekin ducks,
s 40fa45c: geese 50fa60c each; turkeys, ow
ing to fatness, llfalbc
FRUITS AND PRODUCE.
t FRUIT AND VEGETABLES Lemons,
fancy, $5.50©6c per box; Florida oranges,
, s3©’3.sQ. per box; bananas, 3fa3%c per
( pound; cabbage. 75fa$l per pound; pea
nuts, per pound, fancy Virginia 6%fa7c,
choice, 5%©6c: beans, round green. 75c©
$1 per crate; peaches, $1.50 per crate;
Florida celery, $2.00fa2.50 j»er crate;
uquash, yellow, per six-basket crates,
$1.00fa1.25;_ lettuce. fancy. $1 25fa 1 50,
choice (L25@1.50 per crate; beets, $1.50©
2 per barrel; cucumbers. 75cfa $l per crate;
new Irish potatoes, per barrel. $2.50@3.
Egg plants. 53©2.50 per crate; pepper,
sl©L2s per crate: tomatoes, fancy, six
basket crates $1.50© 1.75, choice toma
toes $1.75© 2; pineapples, s2£?£ 25 per
crate; onions. s’,7/1.25 per bushel; sweet
potatoes, pumpkin yam. $1©1.25 per bush
el. watermelons. slofa 15 per hundred;
cantaloupes, per /Tate. $1 fa 1.25
PROVISION MARKET
(Corrected by White P* Dvision 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 sausage (link or
bulk) 25-pound buckets, 12c
Cornfield frankfurters. 10-pound buck
ets. average 10c.
Cornfield bologna sausage. 25-pound
boxes. 9c.
Cornfield luncheon hams, 25-pound
boxes. 12c.
Cornfield smoked link sausage, 25-
poun/1 boxes. 9c.
Cornfield smok *<l link sausage in pickle,
50-pound (41ns. $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). 12%c
Country style pure lard. 50-pound tins
onl\, 11%/.
Compound lard ‘tierce basis), 9%c.
D. S. extra ribs, ll%c.
D. 8. rib bellies, medium average, 12%c.
D. S. rib bellies, light average. 13%c.
FLOUR ANC GRAIN.
FLOUR Postell’s Elegant. $7.25; Ome
ga. $7.50; Gloria (self-rising). $6.25: Vic
tory (finest patent*. $6.25. Diamond
• patent), $6.25; Monogram, $5.8,»; Golden
Established 1861
The
lowry national bank
OF ATLANTA
Designated Depository
of the United States
County of Fulton, City of Atlanta. ;
I Capital , . , $1,000,000.00
Surplus . . . $1,000,000.00
Accounts of Individuals,
Bank and Corporations
Solicited
t'
RFPOdTS ABROAD
STM CEREALS
Market Has Upward Tendency
Early, But Recedes Late,
With Small Changes.
ST. LOUIS CASH QUOTATIONS.
Wheat—No. 2 red 102®105
77@| 78
Ua,a 32§ 32’i
CHICAGO. Aug. 26.—The early
■strength in wheat when prices were to
•sc higher was on the advances at Liver
pool, where the weather was still unfa
xorable. Northwestern receipts were
smaller than a year ago and world's ship
ments were smaller than looked for
Shorts w»re the principal buyers.
" r " " 1 ! ;< ,c higher to unchanged.
Ihe weather was ideal for the. growing
c'irs >Ut '” e reee 'I’ ,s "ere small at 14J
Da ,s were '« to ',c lower to unchanged
and Lc higher.
Provisions were fractionally better
along with the advance in hogs at the
\ ards.
While the pri?e for wheat reacted % to
•sc from the bottom late in the day final
prices showed losses of only % to %. The
market was oversold and buying bv shorts
as well as investors helped to steady the
iiAnnn V i! sa,es wer « moderate at
110.000 bushels.
tsConU K as . 'f ‘‘J better w| th sales of
135,000 bushels for h. astern shipment
oats showed losses of to a g( . for Mae
and .September, respectively, while De
cember was off the smallest fraction
sales of oats tallied 1,160.000 bush-
Provisions were higher all around.
CHICAGO GRAIN MARKET.
WHEAT- Hiß<> LOW ’ Clo “-
Sept, "ml !>43 b 93’, 93% 94
Dec. 93% 93 7 » 93', 93'J, 93 s ,
May 9i 7 ', 97 97', 078
CORN— 4 4
Sept. 72', 72% 71 \ 72»» 72‘1
Dec. 54’h 54 7 , 54 54 s , 543*
OATS-* 3% 53 53 * 5 ’ 3 "
Sept. K 39V4
Dec. 32'3, 33 32’, 333} 333?
M pork- 4 35 ’" 34% 34 ’’ 34T *
spt 17.90 17.95 17.8734 17.87 U 17.92'»
Oct 18.05 18.10 18,on 18.00 18.05
' 1,135 19.20 19.12%
LARD— 1
Spt 11.02'4 11.05 11.00 11.02>4 11 00
Oct 11.00 11.15 11.10 11.12'11107'4
Ja " 10-80 10.82'4 10.774 10.80 10.774
KI BS
Spt 10.974 11.05 t 0.974.974 10.974 to 97'4
Oct 11.00 11.05 1100
lan 10.20 10.22'4 10.174 10.20 10.15
LIVERPOOL GRAIN MARKET.
Wheat opened '«<t 4d higher; at 1:30
p. m the market was 4@%d higher;
closed ',<ll 4d higher.
Corn opened ' B d lower; at 1:30 p. m. the
market was %®'4d lower; closed 7 4d
lower.
CHICAGO CASH QUOTATIONS.
CHICAGO. Aug. 26. Wheat—No. 2 red
I.os<ii 1.06_. No. 3 red 95© 1.04. No. 2 hard
winter 05©-964- No. 3 hard winter 934©'
95. No. I Northern spring 97©;99 No 2
Northern spring 95©,9'.. No. 3 spring 93©
Corn No. 2 7944,804. No. 2 white
Ml'<l 81. No. 3 yellow 80© 80 4, No. 3 79©/
I,"/' >" 3 "I'j'c 7!-3 4 ©Bo. No. 3 yellow
1 ''Bo. No. 178 4©;;",. No. 4 white 79',
0.1'4. No. 1 yellow 79© 794
“als No. 3 white 344'0 34'',. No 3
White 330.34. No. I 31@314. No. 4 white
32032 4. standard 33 4 035.
VISIBLE SUPPLY CHANGES.
Following shows the visible supply «t
wheat and corn in chief ports for the
week ending today:
Wheat, increase 419.000 bushels.
Corn, decrease 657.000 bushels
oats, increase 1.050.000 bushels.
PRIMARY MOVEMENT.
W>||.;at- ~~ 1 isu 1911
Receipts 1.741,000 1,400.000
Shipments 894.000 ; 529,000
CORN— | j
Receipts 628,000 ' 959,000"
Shipments 413,000 391,000
UNITED STATES’ VISIBLE SUPPLY.
Following shows the weekly United
States visible supply of grain for week:
This Last Last
Week. Week. Year.
Wheat. . .18,664.000 18.245,000 48,274,000
Corn . . . 1.573.000 2,230,000 6.054.000
Wats. . . . 3,151.000 2.021.000 18,839.000
Crain, $5.40; Faultless, finest. $6.25; Home
Queen (highest patent), $5.65: Puritan
(highest patent). $5.65; Sun Rise (half
patent). $5.25: While Cloud (highest pat
ent), $5.45: White Daisy, $5.45: Sun Bearn.
$5.25: Ocean Spray (patent). $5.25.
CORN White, red cob. $1.10; No. 2
white. $1.08; cracked. $1.05: yellow. $1.05.
MEAL Plain 144-pound sacks. 97c; 96-
pound sacks, 98c; 48-pound sacks. $1.00;
24-pound sacks, $1.02; 12-pound sacks,
$1.04.
OATS - Fancy white, 51c; Texas rust
proof. 58c; fancy clipped. 69c.
COTTON SEED MEAL—Harper. $29.
COTTON SEED H I 'LLS -Square sacks,
$lO per ton Oat straw. 75c per bale.
SEEDS (Sacked): German millet. $1.65;
amber cane seen. $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
oa's, 72c. Bert oats. 75c; Texas rust proof
oats. 70c. winter grazing. 70c; Oklahoma
••ust proof, 50c, blue seed oats. 50c.
15
