Newspaper Page Text
NOOSE-SM
DW MTS
Senator Dixon Says They Are
Safe Only in Hands of
Progressives.
By SENATOR JOSEPH M.
DIXON
Chairman of the Progressive National i
Committee.
XEW YORK. Aug. 26. For the first I
time wince 1860 « political party has I
put forth as its platform a declaration ,
of human rights. It is not. in 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 program 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 livins
which affect every man, woman and
child living under our government.
Meaning Not in Doubt.
It 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 men 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.
EveiA 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.
yVhile carefully safeguarding the
rights of property, the Progressive pro
gram declares broadly that the rights
of human beings are greater than prop,
erty tights, and if it Is necessary tn
sacrifice the one or the other the rights
of human beings must be protected.
We are not seeking to do anything
Vtopian 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
govern ment.
Program of Simplicity.
One of the things that commends otr
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 w tongs they have suffered,
and against the inen 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
All we ask of the voter is to read our I
platform and compare its specific utter- |
anees with the meaningless generali
ties in the platforms of the Democrat;
and Republican parties. Then, after he
has done tills, we ask him tn consider
which he would prefer in office; Men
who promise to do something definite
and useful, and arc willing to leave
lifelong party ties in order to do it. or
mm who subscribe to platforms that
promise nothing hut offices to those
who sacrifice what convictions they
may have to their desire tn continue to
feed at 'hr pubir tr ugh.
Comptre the Men.
Again, we ask that th >ter comp
the men who are In cur party with the
men who arc 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.
\\ c are on the v 'ge 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 ami perhaps
violently.
The worst enemies of the two old
parties arr the men in each who insist
m vltange is necessary. Th? Republi
can par.ty foundered at Chicago, led to
destruction by the men who could not
see the breakers ahead.
We as progressives have been able to
understand the needs of the people a
little better. To rvt them we had to
leave the Republican party, but we had
fa other desert a decadent and deci
mating party than desert the people of
the Cnitcd State*.
FUNERAL NOTICE.
WERBER The friends of Mrs. Caroline I
Werber. Mr Alex <’ Werber ami
and Mrs. Carl A Werber arc Invited!
;<> attend the funeral of Mrs. Caro-f
line Werber tumuli w 1 Tut'.trla v», Au
gust 37, 1912. nt tl o'clock, from ihr I
chapel of 11. M. Patterson A Sun
Rev. >l. Nusrman will offielutv tn- I
termem Will he In W estview < emeterv
h The following named gentlemen will
X niease net ;i ■> pallbearers ami meet ai
■he , h.ipel at -’ l’> o'ch Mr lohn '
M i.tern Mr W l> >l. . M M
i-.it .. Mr li I.' Stillwell. Mr I. <•
Ft o' it and Mr \ II Wtmlwrh 1
DEBS ACCEPTS. TOO,
WITHOUT CEREMONY.
RAPPING OPPONENTS
TERRE HAL'TE. IND.. Aug. 26.—Eu.
gene Victor Debs today accepted the
Socialist nomination for the presidency.
There was no notification committee,
rhe 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."
Ke put the Republican and Demo
cratic parties in the same class.
FACT AND GOSSIP
INMONEYMARTS
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 Js 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
flea.lt 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 $9,000,000,000. It
may be found 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
tire 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 tlie
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 trusts
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, hut in the end desirable.
Rapid Trade Expansion.
Third: Trade is expanding wonderfully.
Raw material is at a premium in the
steel industry, the railroads are already
carrying the heaviest volume of traffic
lin their history, and are urging equip
ment manufacturers tn expedite delivery
of new supplies, building is distinctly
active, cotton mills are restricted only
by a scarcity of labor, foreign trade is qf
record proportions, the July production of
refined copper reached a new maximum
tor the country, the leather business is
booming, an abundant fruit crop is
swamping canners, and. as a corollary,
hank clearings are well ahead of any rc
< ent year.
Surely that is an Inspiring catalogue!
Higher Money a Certainty.
of course, money is necessary to han
idle ir creased 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 earl)
to London and Taris 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
undub’ 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 notations have been
attempted Tjjere is likely to be keen
competition for new capital by and by.
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 becoming sane. The problems that
must still be solved promise to .be han
dled. not with prejudice and passion, but
with common sense and statesmanship
AGED KENTUCKY MASON DIES.
I L’ >1 ’IS VILLE. KY , Aug. 26 Captai n
'll. B. Grant for 32 ye-tis grand scetc
|tar\ "f the Gland Lodge of Kentucky
I Mas-ms. and one of the recognized Ma-
• •ni< authoiiib- of the n»untn. died
’••<1 i.\ d 7ft
H w p • >i<'. nt <>f tic g> and •< .
•nt.t ' s «uild of I'm United Si < • < Mint*-
i is organization.
THE ATLANTA GEORGIAN AND NEWS. MONDAY. AUGUST 26. 1912.
BEARISH REPORTS
iLDWER 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*
I ton market to open 3 to 12 points lower.
There were favorable crop reports from
, | various parts of the belt. Spot houses
: both hero and the South were liberal sell
ers. \ private dispatch that the Texas
crop would reach 5.000.000 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 tne opening. Later during the
afternoon session, renewed hedge selling
and large spot interests liquidating caused
i a downward movement in prices of 5 to
8 points. The many reports of bearish
character and the late weather map show
-1 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 shewed further weakness,
with October and January going below
the 11c level and prices throughout the
hst receding to the lowest levels since
the recent bear movement prevailed.
At the close the market was eas\. with
• prices at a net decline of 18 to 26 points
| from the final quotations of Saturday.
! r ANQE of NEW YORK FUTURES.
. illlli Im| Li u
Aug. IV.'»,Y 10. Pa ;h.;x 10.7 b fh,77-,s 11.02*04
I Sept. H0.9410.U4 10.78 10.78 10.77-78 1 1.03-04
Oct. 11.17 11.19| 10.99 11.01 11.01-03'11.23-24
Nov. 11.13 11.16 11.15.11.16 11.06-08 11.28-39
Dee. 11.27f11.29 11.09 11.10 11.10-11 11.32-33
•lan. 11.17 11.19 10.99 10.99 10.98-99'11.23-24
> 11.04-06111.22-31
Mar. 11.30 11.31 11.12 11.13 11.13-14 11.35-37
May 11,3!. 1 1,39 I 1,11» ILI9 1 | |9-20 1 1.43- 45
Closed easy.
Liverpool cables were due 1 to 1%
points lower, opened quiet 1 to 2 points
tower. At 12:1.5 p. m. the market was dull
at a net decline of 3 to 4% points. Later
cables were % point lower than 12:15
I), m. Spot cotton quiet 5 points lower;
middling, 6.58; sales, 6,000 bales; Ameri
can, 5.000; imports. 3.000, all American.
1 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
1 prices a net decline of 4% to 7 points from
the final figures of Sat unlay.
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 -6.30 629 6.27% 6.34%
Sept.-Oct. 6.18%-6.16% 6.16% 6.15 6.20%
Oct.-Nov.
, Nov.-Dec. 6.11t£-6.10 6.09 “ 6.07% 6.12%
Dec.-Jan. 6.1! -6.09*/2
Jan.-Feb. 6.12 -6.09> x 6.0.8’.. 6.08 6.13
1 Feb.-Meh. 6.13 -6 11 *, 2 G.IOU 6 09*,.. 6.14
Meh.-Apr. 6.14 J /2-6.11 6.11 “ 610*2 6.15 U
• Apr.-May 6.15 -6.14 6.11’4 ♦>. 11 D
May-June 6.17 -6.1.3 6.14 6.12*4 G.I7U
June-July 6.12 “ 6.17*2
1 Closed quiet.
HAYWARD & CLARK S
DAILY COTTON LETTER
NEW ORLEANS. Aug. 26. Develop
ments and news over Sunday were against
• the market and explain the decline in
, Liverpool, wnert futures were about 4
points lower than due; spots 5 points
lower; sales. 6.000 bales. Weather condi
' lions over Sunday were very favorable:
part cloudy to fair and warm, some scat
) tered showers. Indications are for a con-
> tinuance of these conditions, except that
the Western states will have increasing
cloudiness and ram and cooler weathei
will come on them in the next few duy. v .
5 The movement of new cotton Is pick ng
> up raploly. Galveston received •
' bales more today than last year and •x-
I peris 000 to 35.000 tomorrow, against
' o’J.OUO 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 ORLFANS FUTURES.
CI X 5 . - .
1 H z ; ’{■ o §
? ~ o 3d I - U ®
1 ; u ! I -< -a: I I
I Aug 11.13 1 1.43 11.38’11.38 11.37-39 11.41
i Sept. ;>!111.13 111.3 V
. Oct. 11.38 1 1.31 11.07'11.07 11. U7-O8 11.34-35
N0v11.63-10 11.35-37
' Dee. 11.31 11.34 11.10 11.11 11.10-1111.36-37
' Jar,. 11.34 1 1.37 1 1.12 1 1.13 11.13- 1 4 11.39-40
■ Febll.ls-11 11.41-43
Mar 11.45 11.48 11.25 11.25'1 1.25-26 11.51-52
Apr 11.27-29 11.53-55
Ma; 11.58 11.8 1 1.35 11.33 1 I 35-36
Closed barely steady.
COTTON MARKET OPINIONS.
Rally A- Montgomery: ‘"From every
point of viev the situation needs close
r | watching. '
Browning & Co.: “It would require an
unheard-of prolongation of summer
f weather and favorable conditions Into the
r fall to justify any decided decline from
lhe 11-cent level.”
1 Miller A- Co.: “We can only continue
t our daily advice against following the de
< cline ft’ this time
Ray A Co.: “We expect no permanent
advance and continue to advise sales of
January on all periods of strength.”
Stemberger, Sinn A Co.: “We do not
look for much < hange either way and It
appears as if operators would have to b«»
content with very small profits for the
lime being.”
> |
SPOT COTTON MARKET.
Atlanta, nominal; middling !2Y_.
New Orleans, steady: middling tl 11-16
New York, quiet; middling 11.50.
Boston, quiet; middling 11.50.
Philadelphia, quiet; middling 11.75.
. Liverpool, easy: middling 6.58 d.
Augusta, quiet; middling 12’,;
Savannah, steady : middling 11?<.
» Mobile, quiet: middling 11’,;.
, Galveston, <iuiet; middling 12c
Norfolk, quiet: middling 12c.
‘ Wilmington, nominal.
Little Rock, nominal; middling 11
Charleston, nominal.
Baltimore, nominal: middling 12" g.
Memphis, quiet; middling 12c.
1 St. f.ouis, dull, middling 12c.
‘ Houston, steady; middling 11%.
i Louisville, firm; middling 12c.
PORT RECEIPTS.
The following table shows receipts at
the ports today, compared with the same
day last year:
i i ■ S uh
I New Orleans. , . .1 ■* 1,70
i Galveston 16.629 11.940
Mobile 13 173
‘ Savannah 136 4,312
Wilmington 25
Norfolk. .; 15 217
Total 167905 | 18,428
1 INTERIOR MOVEMENT.
■ jl i'*'-'
Houston 29,591 29,053
Augusta 68 8f,6
; Memphis 82 49 1
St. Louis. 94
<' r.• ■ innati. . . . .
29. S’*»2 3 (~4 2 2
NEW YORK GROCEHRIES.
NEW \<>RK. \'ig 36 Coffee weak:
INo 7 Rio spot '4\ asked Rl< e firm.
I dome-tie ordinary tn prime M
la- -p- Mtrauy New orleana open i Pttl*
I 364/50 Sug«' raw firm <entrlfucHl t 11,
ntm-'ov«d<» 3 61, mnlanaeM h igai ?16 re-
• lined hrm standard graii'dated 5’5. • it
ihaf 5 90, < ruahed 5 |o. mold \ 4’- < übi r
.’.35 p» v derod f diamond A 5 2*»
feetmt 'r* \ 1 No I 4 % \. t <
I N'n 3 4 V., N<. it
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:
I Georgia—'rhe crop must Eave marked
improvement through the state.
South Carolina While rain would he
• beneficial to the whole state 1 neverthe
less consider the weeks development as
favorable.
I Mississippi -Some complaints of defi-
I cient rainfall; otherwise week s develop
ments favorable.
Alabama As indications are verj pr< m«
1 ising for general rains one must consider
! the developments of rhe week as favor
i able.
Louisiana Week favorable: some sec
pions complain of insufficient rainfall, but
Ino damage as yet threatened.
Tennessee While more moisture would
. be acceptable, no section is in immediate
j need and the crop must have made good
I progress.
] Arkansas (»n the whole the week’s de
i velopments are stand-off. Should moder
ate or good rains’tall next week no dam-
1 age will be done. Should dry weather con-
■ Unions continue damage will be imminent.
Oklahoma As a whole the state has
abundant moisture in the soil to carry
I thia crop to maturity, but of course fur
‘ ther moderate rains would not be in
. jurious. 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 ai this time may he worth.
I will suggest a probability of 5.000.000
bales for Texas, unless future develop
ment proves very unfavorable.
North Carolina The crop on :he wb«Je
would he better if gcod. soaking rains
came; it still, however, maipta’ns its ex
cellent condition which was threatened
with deterioration last week. In eonclus
, ion the»-e is very’ little to be said on the
week’s development. While trading close
io danger lino 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 ANDGOSSff
; Os the Fleecy Staple
v_.
' 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 in many sections, while some
i sections are badly in need of moisture.
I Complaints of small stands are frequent
■ an<i not a few com pondents report in
• jury from the red spider. Shedding has
: developed in a number of localities. ’l’he
crop is still large, though one or two
correspondents report picking has com
menced. A few say there has been con
' siderable improvement In condition dur-
• ing the last three weeks.
Georgia—Reports from this state are
i very o favorable. Many correspondents re
i • port decided improvement during the past
| ten day s, the weather having been exccp-
I tionally propitious. There are occasional
I references to the plant being small, but
; strong. In some localities the crop Is
'Gate and in others there has been too
• much rain. Fear of early frost is often
I mentioned, hut the general tenor of ad-
' I vices is more satisfactory than usual.
1 • Some prominent spot interest with for
t | eign connection were among the best sell
! . ers today. Hontz was a principal seller
| here
• Heniz. Freeman. Young and McGhee
I were said to he the best sellers after the
■ j call Hubbard, Gwathmey, Shearaon and
’ I Gifford were best buyers.
Dallas wires: “’l’exas —South and south
! } west generally' clear, balance cloudy;
sprinkling rains at Whitesboro, Paris.
( klahoma—Generally clear “
’Texas cotton crop this year is expected
tn break all previous records. Conserva
tive estimate places output at more than
5.250,000 bales.
r Riordan and Rich good buyers. I’ear
-1 sail. Springs. Gone. Heniz offering. Spot
I house 8 continue to sell
4 Habersham King estimates Texas at
■ 5.000.000 bales Looks like good d**al of
hedge selling by spot houses today.
Following are 11 a ni. bids. October
II 14. December 11.24. January 11.14,
1 March 11.27.
’• NEW ORLEANS. Aug. 26. -Hay ward &
| (’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,
j mostly light. < entrel and eastern states.
Indications are for cloudy with showers
• next forty-eight hours in western states;
partly cloudy in the rest of the bell; prob
1 ably some scattered showers; ideal tem
i peratures.
Forecast for week: First half of week
generally fair, with moderately high tem
peratures; well distributed showers: low
er temperattfres probably latter half of
week in Southern states. There are nn
indications at present time of disturbance
in West Indies.
AH developments and news oxer Sun
day are against the market. Weather
i was perfect.
’ 'The Journal of Commerce gives a very
good account of South (’arolina and Geor
» gia.
! Huntsville, east central ’Texas, had .32
: rain Saturday Prominent planter here
i brought full grown bolls from cotton
planted on overflowed land <>n June 10,
and says all will be open in ten days.
Crop In splendid condition
Estimated receipts 'Tuesday:
1912.
Galveston 32.000 to 35,000 23,272
New Orleans 400 to 500 7.40 m
COTTON SEED OIL.
i
’ NEW YORK. Aug. 26.—Carpenter. Rag
ged Co.: The cotton seed oil market
1 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-
Jest in the market is small a’ present, and
, • price changes depend largely on the na
ture of trading and have Tittle to do with
i the commercial situation. New crude oil
ils rot yet moving tn volume and there
has been comparatively little hedge sell
; i
• ••ottnn seed oil quotations:
! I Opening. Clotifnt.
I Spot ' I 6.40fi6.85
Augu5t6.49416.55 6.45® 6.50
September 6.51® 6.52 6.454r6.47
October 6.51@6,53 6.50(0'6.51
November 6.22® 6.27 6 20® 621
December 6.13® 6.14 6.10® fl. 13
January 6’3®6.15 6.1156.14
Febt ' ■ 6. ’ 3<p 619 6.12® 15
Closet sti 'Ug. sales 7 800 barrels
NEW YORK COFFEE MARKET.
Coffee quotations:
1 Opening. | Closing
Februarv. ... 12.80® 12.86i12.85® 12.88
March. 12.91 12.914112.92
April9o® 12.95 12.94® 12.95
May 12 95 12.97® 12.'*8
Junel 2.9U® 1 2.951 2.9.3® 1 2.95
Ju1y12.86 12.90® 12.91
September .... 12.65® 12.75 12.65® 12.66
I October. . .
i Novemberl2.6s 12.78® 12.80
I ! tecernbe r 12.844x12.8
| Closed steadj . Safest Ti.soo bags
LIVE STOCK MARKET.
CHICAGO. Aug. 26. Ilogs Receipts,
2.400 Market 10c higher, mixed and
butchers, 8.05® 9.00; g*'ud heavy, . 8.30®
8.80; rough heavy. 7.954/8.20; light. 8.30®
I 9.00; pigs. 7.25® 8.35, hulk. 8.35® 8.85.
, Cut tie Receipts, 17,000. Market steady
10c higher; bee\ <s. 6.50® 10.50; rows and
heifers, 2.50®8.G0, stockers and feeders,
. >fl 9 Hi.
Sheep Receipts. 35,000 Market weak
10c lower, native and Western, 3 15® t 40.
I lambs. 4.25® 7.25
BUTTER POULTRY AND EGGS.
I NEW YORK. Ah’ ». Dressed poultry
quiet, turkeys lt®'23. chickens 14® 25,
fowls 12®-'.. ducks |K®lß\.
Live poultry steady; ehlckens ’B® 191.,,
.fowls ID; b’d, turkeys 14 asked, rooster*
• 15’. asked, dm ka 11 asked
Bmt*r steady, rteMtnet' specials 26>4/
? ’ cieHmory cxtraM 25® state dairy
■ 1 J1 IJd pt 1 • e-4 -pei ihlm 24® . 4
Esu ! firm nearby white fan< \ 31® :
•te.irhx brown fgm y 26® 27, extra fir sts
1 ’ 26 m m . I *- ® 2 ! 1
I I’her-e fit q ( . whole milk -pei al- 16./
’• *' 1 mdl far < \ 15 4 hid skims
is'-. » hl.. •|. res !’m ID,® 1| 4
f oil •klfOM , 4/ K' »
WllN PACIFIC
iOECLINESHffIIL!
- !
Uncertainty of Value of Ex
pected Rights Causes Irregu
larity in Other Issues.
I By CHARLES W. STORM.
. I NM\ >ORK. Aug 2». Al the opening
I .01 the stock market most interest cen
in the < upper group wnh a contin
| ue<l demand for these issues. I tah rose
» » to 67. making a new high record while
. I trm tdonal weie scored by Amalga
. I mated, Smelting and Chino Smelting was
• up while \u .ilgamated ruse With
t the resumption of business on the London
•market Canadian Pacific sustained a bail
, | movement which caused that issue to open
. here at 273’ 2 , against a gain ot 1*» over
r 1 Sa . urday s close
’ Changes in the prices of the usually
(active stocks were v ithout much choice
, 'during the firs: fifteen minutes. Reading
. lost s at the opening, but later rerov
. ered. Lehigh Valley moved up but
reacted ’ 4 . Union l‘acifie was again sup
plied at a concession, yielding r, H to l'<o‘,fe.
» Pennsylvania, A’chisun and the Hill
. stoi ks made small gains .Steel common
after opening * H higher moved back to
I 73 ‘fi. Saturday’s last price.
’The curb was steady
> Americans in London were supported.
» A heavy tone in the late forenoon pre
r vailed on the stock market. Union Pacific
and St Paul declined a point each Cana-
I 1 d:an Pacific was under pressure, declining
• I 3 3 t to 2d9\. ’This selling was based to a
groat extent on reports on antagonism of
the Western road.
Moderate pressure was felt, forcing re
cessions from the midday range In nearly
all the important issues. Interborough-
Metropolitan was active, declining \ to
58\ Chesapeake and Ohio was also sup
plied for a loss. Arbitage brokers bough:
2.000 shares of Amalgamated Copper nn<l
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 luast 1 Clos. |Pre*
! STOCKS— IllighlPow ISale.l Bld.iCl st
Amal. Copper.! 88%
Am. Ice Sec...' 25’.8, 25Vj
Am. Sag Kef 128 127 1 ,
’ Am. Smelting 88\ 87 T S RB>, 88\ 87'-
Am. Ijocomo. . 45>< 45>, 45’, 45V. 45>i
1 Am. Car Fdy.. 5181 | til 60% 61
Am. Cot. Oil . 54 5 s 54'4: 54 : ' s 54 54'4
Am. Woolen .. . 28 , . i . 2'.'
Anaconda .... 46' 4 <5" s 45'4 4 r > f .,
AtcliUon 101% 108% 108% 108% 108%
‘ A C. 1145% I‘s>« 145% 141 145
Amer. Can . . 4O' h .IS-h 40 . :i!>‘ s
do, pref 119>, lilt 1 *
, Am. Beet .Siig. 72% 71-\ 71\ 72 72%
Am. T. and T. 144% 144% 144% 14t>, '45
Am. Agricul 59%1 59%
’ Beth. Steel 40% 40% 40% 40% 40%
> B. R. 1' 93 91 %l 91»j| 192
' B and <>. . . HT, % IO7»„ 107 % >O7-% 107 > 2
Can. Pacific . 273%1369%%’71’s 271 > 4 272
Corn Products 15% 15% 15% 15%
' C. and t> 82 81% 81 %l 81% 81»;
Consol. Gas .. 115% |45% 141%|145%
t’en. Leather 29 118% 29 28% 28%
Col >. E. and I. 31 'll 31 31 % ....
’ Colo. Southern 40%' 31%
; D. and 11172% 172% 172%l .... 172
1 Den. and 11. G 20%’ 21 %
Distil. Secur. 35', 35 35 34% 34%
Krie 36% 36% 36% 36% 37
• do. pref7 .... 53%: 53%
• Gen. Electric 1.82% 182
IGoldfiehl Cons.’ 3% 3% 3% 3%l 3%
1 G. Westernl9 . 18%
‘ G North , pfei 13!", 138% 138% 138% 135%
1 G. North, t tre 451, 45% 45% 45% 45%
Int. Harvester 121 T2o‘ B
’ 111. Central 130%i130
1 Interboro 20% 19% 19% 19%' 20
do. pref. 59% 59 59 58%1 59%
' loua Central . .. 10 ' 10
‘ K. C. Southern 26% 26% 26% 27 26%
K. and T 28% 28% 28% 28% 28%
1 j do. pref 62 l , 62
’I L. \ alley. . . 170% 169% 17o' s 169% 169%
L. ami N . . 167% 1,6% 166% 166% 167
• I .Mo. Pacific 38% 38', 38% 38'.', 381,
’IN Y. Central 116'al 15% 115% 116 115%
Northwest'4l 141
' I Nat. Lead . . 59% 59% 59% 59%. 59
■ N. and W . .118 ,I'B 118 118% 117%
No. Pacific 128% 127% 128% 127% 125%
' <). and 0.. . . 37% 37 37 37 | 37%
' Penn.. 121% 124’, 121% 124 , I 1%
i Pacific Mail io% 30%
i' <las Co 1 16'-. i p:%
P. Steel Car. •% 38 38 37% 37%
‘ Reading . 168% 169 169% 169
Rock Island ' 25 : 25%
, do. pfd.. 51% 51'..
' R. I and Steel . . 28 28%
‘ do pfd ... . . OOH !»i
' So l‘a< ific. .II I' 2 110 '4 111 ill JUS
So Railway 3030% 30’.. 30 >- 2 30%
; do. pfd. . . 80 SO 80 78%: 79%
Si. Paul. . . 105% 105 IOdD 105% 106 %
r 'Tenn. Copper 44’;' 44 44 43% 44%
Texas Pacific 22*/a
’Third A venue 37% 37
, Union Pacific 171 170% 170*2 170% 171 %
' I . S. Rubber . 51’, 2 51 51V/ 51% ....
Utah Copper . K6*,? 66 7 h 66% 66%
1 U. S. Steel . . 74 73% 73% 73% 73*£
du pfd . . . 113% 113% 113% 113 113 “
\ .-(’ < ’hem. . 47% 48
I West. Union . 82 82 81% 81%! 82
■ Wabash . 4 4%
, J do. pfd.. . . 14 14 14 1.4 13%
JW Elect rk 87% 87% 87% 87 87%
'W is Central .... 59 57
\\ Maryland . . 57% 58
I Total sales. 293.381 shares?
MINING STOCKS.
, |
BOSTON. Aug. 26.—Opening: North
Butte. 33%: Giroux, 5%: Shoe Machine,
55 4 4; Butte Superior, Utah Copper,
i 66 %.
1
LOCAL STOCKS AND BONDS.
Bid Afiked.
Atlanta and West Point R R 140 145
. American Nat Bank . 220 225
Atlantic Coal t V l< e common 100 % 101
Atlantic Coal a Ice pfd . . 90 92
Atlanta Brewing & Ice C 0... 170
Xtlanta National Bank 325 330
Broad RK Gran Corp. 25 80
do. pfd . 70 72
Central Rank a Tru«t Corp. 147
Exposition Cotton Mill# .... 160 mr»
Fourth National Bank 365 270
Fulton National Rank . . 127 131
Ga. Ry. & Elec, stamped . . 125 126
Ga Ry. & Power Co. common 28 30
do, first pfd 81 85
do. second pfd 43 45
Hi 11 yer Trust Company 125 127
Lowry National Rank 248 250
Realty Trust Company 100 105
; i Southern Ice common 68 70
I The Security State Rank .... 115 120
, ; Third National Bank 230 235
•[Trust Company of Georgia 245 250
’ ' 'Travelers Bank A Trust Co.. 125 126
BONDS.
’ Atlanta Gas Light Is 102
. Broad Riv. Gran. Corp Ist 6s 90 95
’ Georgia State 4* ? s. 1915, 55... IGO % 101%
Ga Ry. & Elec. Co. 55102% 104
’ Ga Ry. x 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, 1921102 103
NE WYORK PRODUCE MARKET.
NEW YORK. Aug. 26 Wheat steadv;
j Sent rm her 1.Q2%®1.02%. spot No 2 red
j 1.08 in elevator and 1.07% f. <• b. Corn
I dull. No. 2 in elevator nominal, export
INo nominal f. o b . steamer nominal.
•I No 4 nominal ’tats firm; natural white
37® 41, whitt cllppi <1 I’ M Rye qiiitt;
No. 2 nominal f o b. New York. Bar- 1
I ley quiet. malting new 60® 72 r. i f Ruf- 1
I fain. Hay firm: good to prime 1 10® 1 10,
poor to fair 1 10® 1.20.
I Flour more active; soring patents 125 ■
< 1 50. straights 4 75® ;> 00 < tears 465 ■/
1.95. winter patents s.lft®s 40. stra giH.4l
1 4.50® 4.70. clears 1.25® 4 50
I Reef firm, family 18.00® 19.00 Pork !
• sternly mess JO 00® 30.50. family J0,06® |
Ij2l 25 I ard sten/B city sttam 11 00 bid, 1
• middle West spot 11.20 bid 'Tallow firm;}
I < ity • m lu»gsheads» 6% nominal, country 1
j (In 1 ier< es 1 %® 6 %
Read an<l an»»*ei the Want \<% in The,
aval
’ •I wh’» niHk Make it vntir rule Mild !
wi’i he more ptoApermiH and inure 1
II uri’ented
jpTHE WEATHER
Conditions.
W ASH I NGT< »N. Aug. 36. ’There will be
■ showers tonight or ’Tuesday throughout
the Atlantic and east gulf states, Tennes
and Ohio valley and tha lower lak
1 region. In the upper lake regions and the 1
lower Ohio valley the weather will be fair
! tonight and Tuesday.
A change to lower temperatures will «
overspread the northern and middle states j
east of the Mississippi river during the
next 36 hours
General Forecast.
Following is the forecast until 7 p m 1
Tuesday: *
Georgia Local showers tonight or
Tuesda y.
Virginia and North Carolina Showers
tonight or 'Tuesday.
South Carolina lx»cal showers tonight
or Tuesday.
Florida. Alabama and Mississippi -
Local showers tonight or ’Tuesday.
Loqiaiana Generally fair, except prob
ably’ showers in extreme southeast.
Arkansas. <)klahoma, Indian ’Territory.
East and West Texas <Generally fair.
DAILY WEATHER REPORT.
ATL ANT A. GA., Monday, Aug. 26
Lowest temperature 68
Highest temperature 84
Mean temperature 76
Normal temperature 75
-Rainfall in past 24 hours, inches 0.17
Excess since Ist of month, inches.... 0.03
Excess since January Ist, inchesl6.s6
REPORTS FROM VARIOUS STATIONS.
I ‘’Temperature R’fall
Stations— i Weath. 7 I Max. I 24
J |a. m. ly’da y. Ihou r s.
' ugusta < iioudj '72 i
Atlanta <’loudy 76 84 .16
Atlantic City. .t’lear 76 80 ....
Anniston t’lea» 71 88
Ruston t’ioudy 62 90
> Buffalo ~...< ’loudy 70 76 .12
Charleston ... Clear 78 88 ....
Chicago Clear 74 90 ! ....
Denver Clear 62 94 j ....
Des Moines ... Clear 72 96
, Duluth (’loudy 58 58
Eastport ....Clear 54 74 .12
Galveston .... clear 82 88 ....
Helena cloudy 54 84 ....
1 Houston Clear 78
, Huron Cloudy 56 166 ....
Jacksonville . Cloudy 72 86 .12
Kansas City.. Clear 76 96 ....
Knoxville ... Cloudy *0 86 ....
Louisv’Ee .... Cloudy I 78 92 ....
Macon Clear 72 • rO ....
Memphis t’lear 76 88 ....
Meridian .... Cloudy 72 ....
1 Mobile I’t. cldy. 78 86 ....
Miami (’tear i 81 !)0 ....
Montgomery Cloudy 74 90 ....
.Moorhead . ... Cloudy 56 94 ....
New Orleans.'Clear 78 90 ....
■ New York. .. Clear 76 86 ....
North Platte. Clear 60 98 ....
Oklahoma .... Clear 72 96 ....
Palestine .... Pt. cldy. 76 94 . ...
Pittsburg . . . Rainmg 70 86 .02
, P’tland, Oreg. <'loudy 58 76 ...
San Francisco <’loudy 58 66 ...
St. Louisßaining 72 8R .72
St Paul< ’lear 62 90 ... |
S. Lake City.. Clear 68 90
k Savannah .. .Clear ' 74 .18 i
Washington . ’ ’!•>ud\ 72 92 1
■ C. F. Von HERRMANN, Section Director j
:.ATLANTA MARKETS
, EGGS Fresh country candled.
Bl’TTEß—Jersey and creamery, in 1-lb.
, blocks, 20®22%c; fresh country dull, lo®>
!2%c pound.
DRESSED POULTRY—Drawn, head :
, and feet on, per pound: Hens. 17® 18c;
t tries. 25® 27%c; roosters, 8®10c; turkeys,
owing to fatness. 18®20c.
, LIVE POULTRY-—Hens. 40®45c; rnost-
’ era 25® 35c; fries. 18® 25c: broilers.
* 25c; puddle ducks, 25®30c; Pekin ducks,
4 40®40c; geese 50®60c each; turkeys, ow
ing to fatness, 14®15c
FRUITS AND PRODUCE.
t FRUIT AND VEGETABLES—Lenons,
fancy, $5.50®6c per box; Florida oranges.
* s3® 3.50 per box; bananas, ;>®3%c per
pound; cabbage, 75® $1 per pound; pea
nuts. pa?- pound, fancy Virginia 6%@7c.
, choice. 5%®6c; beans, round green. 75c®i
$1 per crate; peaches. $1.50 pei crate;
Florida celery. $2.00@2.50 per crate;
squash, yellow, per six-basket crates,
$1.00®t.25; lettuce. fancy. $1.25® 150.
choice $1.25® 1.30 per crate; bee’s. ?1.50®
2 per barrel; cucumbers. 75c® $1 per crate;
t new Irish potatoes, per barrel. $2.50®-?.
' Egg plants. s2® 2.50 per crate: pepper,
$1®1.25 per crate: tomatoes, fancy, six-
; basket crates $1.50®1.75. choice ’ toma
toes $1.75®2; pineapples, $247-2 35 per
! crate; onions, sl®l.2a per bushel; sweet
potatoes, pumpkin yam, $1@1.25 per bush
, el; watermelons. slo®'ls per hundred,
cantaloupes, per crate. sl®. 1.25
PROVISION MARKET
(Corrected by White P: ovision Company.)
Cornfield hams, 10 to 12 pounds average,
1 16 %c.
1 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.
1 Cornfield breakfast bacon, 23c.
Grocer atyle bacon (wide or narrow),
18c.
• Cornfield fresh pork sausage (link or
bulk) 25-pound buckets. 12c
Cornfield frankfurters, 10-pound buck
ets. average 10c.
1 Cornfield bologna sausage, 25-pound
> boxes, 9c.
1 Cornfield luncheon hams, 25-pound
boxes. 12c.
Cornfiehi smoked lirrk sausage. 25-
pound boxe; 9c
Cornfield sn ■>!> ‘d link sausage in pickle.
50-i»ouii(i cans. $4.50
Cornfield frankfurters in pickle. 15-
pound kits, $1.50
Cornfield pickled pigs feet, 15-pound
’ kits. sl.
(’ornfield pure lard < tierce basis j. !2L%<
Country' style pure lard. 50-pound tin*
only. II %r.
Compound lard < tierce basts,. 9%r.
D. S. extra ribs, Il%e
D. S. rib bellies, medium average. 1 <•
I*. S. rib bellies, light average 13%c
FLOUR AND GRAIN
FI/M R Postell s Elegant $7 23; <>me
ga. |7.50; Gloria (self rising). $6.23; Vic
tory (fines’ patent*. $6.25. Diamond
(patent*. $6.25. Monogram, $58.»; Golden
Established 1861
The I
LOWRY NATIONAL BANK 1
I OF ATLANTA I
Designated Depository
of the United States
County of Fulton, City of Atlanta,
I Capital . . . $1,000,000.00
I Surplus . . . $1,000,000.00
s Accounts of Individuals,
Bank and Corporations
Solicited
*
* _ f
REPORTSffIOiI.O
STEADY HiLS
Market Has Upward Tendency
Early, But Recedes Late,
With Small Changes.
ST. LOUIS CASH QUOTATIONS.
Wheal No. 2 red 102(3.108
1 "in 7 g
<Juts 32® 33H
< HICAGO, Aug. 28. The earlv
strength in wheat when prices were *, t<>
.•higher was on th« advances at Liver-
I'onl, where the weather was still unfa
vorable. Northwestern receipts were
smaller than a .war ago and world’s ship,
ments were smaller than looked for.
Hflorts were the principal buyers
t’urn «as <• higher to unchanged
lhe weather was ideal for the growing
crop, but the receipts were small at 14t
ears.
t'ats were ' s to i.,c lower to unchanged
and ',c higher.
Provisions were fractionally better
along with the advance in hogs at the
ya rd s.
While the pri e for wheat reacted '• to
"sc from the bottom late in the day final
prices showed losses of only t, to The
market was oversold and buying be aborts
as well as investors helped to steady the
T'.V'L 1 ?’" '’ash sales were moderate at
110.000 bushels.
.-L'iLk 1 lvas Dettcr with sales of
ISa.OOO bushels for Pastern shipment.
(tats showed losses of to ",<■ for Ma -
and September, respectively, while De
cember was off the smallest fraet'on
' ’ash sales of oats tallied 1,100,000 bush-
Provisions were h'ghcr all around.
CHICAGO GRAIN .MARKET,
WHfTt- High Low Close. Close:
s eP'- 04', tu-L o.t--. (137., ya
Dec. 93\ .......
May t,;.. '.17 .17.
Sept. 72'., 72'- 71% 72- a 7?'.
Dee. .at',. ~4L 54 54'i 54 <
S ’ 1 z V . . 54 '« 53 % SS L
OATS-
Sept. .12 :12'. r 32 32'. 32'.,
Dec 32'v. jy? S o.i*
M«.'’ ”4 ; s 35 s, 34\ ”4 '> 34 w
PORK— ’ ' 41
A.pl 17.90 17.i'5 17,57'.. 17.87'4 17 ill',
Oct 18.05 18,10 IS.OO ‘lB 00 IS 05 "
lan 19.15 19.35 19 15 19 20 t" P"s
I.ARD-
Spt 11.02', 11.05 11.00 11.02'-, 11 on
|Oct 11,00 II If, 11.1(1 11.12 Utl 07.,
l-lan 10.80 ' 2 10.80 " 10 77L,
I RIBS-
1 Spt 10.!i7'- 2 11.05 10,97'.. 10.97 UlO 97'.,
[Oct 11.00 11.05 11.00 ‘ It.oo 10 95
• lan 10.20 :o j_".. ■».
LIVERPOOL GRAIN MARKET.
Wheal opened 's’-t ' 2 *l higher: at 1:30
P in. 'he market mis '»'u %d higher;
1 closed ',<<t'. 2 d higher.
I 'urn opened ' B d lower; at 1:30 p. in. the
market was ■«<o Ld lower; closed 7 4d
lower.
CHICAGO CASH QUOTATIONS.
t'HICAGti. Aug. 26. Wheat—No. 2 rec
1.05 H/. 1.06. No. 3 red 95ft1.04. No. 2 hard
winiei 05ft!i6';>. No. 3 hard winter
95. No. 1 Northern spring 1'7(a99. No” 2
Northern spring 95(&9.. No. 3 spring 93@
96.
Corn-jNn. 2 79%®80%. No. 2 white
80%®8J, Nu. 3 yellow 80$80%, No. 3 79®
79%. No. 3 white 79%®80, No. 3 yellow
79* 4 ® 80. No. 4 78%® 79%. No 4 white 79%
® 79%, No. I yellow 79® 79%.
<>ats- No 2 white 34%®34%, No .?
white 33®34. No. 4 31®31U, No. 4 white
33® 32 %. standard 33 % ® 35.
VISIBLE SUPPLY CHANGES.
Following shows the visible supply oi
wheat and corn in chief ports for the
week ending today:
Wheal. Increase D 9.000 bushels.
Corn, decrease 657.000 bushels.
<>ats, increase 1.050,000 bushels.
PRIMARY MOVEMENT.
WHEAT— t UK i
Receiptsl” 741,000 ■ 1.400.000
Shipments 894,000 529,000
CORN— | |
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 18 215.000 48.274.000
Corn . . . 1.573.090 2.230.000 6.054.000
Oats. . . . 3,151.000 2,021,000 18.839.000
Grain. $5.40; Faultless, finest. $6 25: Home
Qti**en 'highest patent!. $5.65: Puritan
(highest patent). $5.65; Sun Rise (halt
patent). $5.25: While Cloud (highest pat
en’». $5.45; White Daisy, $5.45: Sun Beam,
$5.25: (>cean Spraj (patent), 55.25.
CORN White, red cob. $1.10; No. 2
white. $1.08; cracked, $1.05; yellow. $1.05.
MEAL Plain 144-pound sacks. 97c; 9S
pnund sacks. 98r: 48-pound sacks. $1.00;
24-pound sacks, $1.02; 12-pound sacks.
$1.04.
OATS—-Fancy white. 51c: Texas rust
proof. 58c: fan*-v clipped, 69c.
COTTON SEi :D M EAL -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,
$’ 50. Wheat (Tennessee), blue stem.
$1 40. red top cane seed. $1 35; rye (Geor
gia i. $1.35; Appier oats. 85c; red rust proof
•jats. 72c; Bert oats. 75c; Texas rust pronf
oats. 70c nter grazing, 70c; Oklahoma
‘•list proof, 50c: blue seed oats, 50c.
15
