Atlanta Georgian. (Atlanta, Ga.) 1912-1939, August 26, 1912, LATE SPORTS, Page 15, Image 15

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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