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MOOSE SAWS
OFMMI RIGHTS
Senator Dixon Says They Are
Safe Only in Hands of
Progressives.
f
By SENATOR JOSEPH M.
DIXON.
Chairman of the Progressive National
Committee.
NEW YORK. Aug. 26. — For the first
tin t since 1860 a political party has
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 ; rogram 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
whic h affect every man, woman and
child living under our government.
Meaning Not in Doubt.
It declares for decided ■ .d definite
principles—compulsory > urance for
loss of life or limb by <en 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.
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 Jhat 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 tn
sacrifice the one or the other the rights
of human beings must be protected.
We are not seeking to do anything
I’topian 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.
( >ne 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.
All 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 their desire to continue tn
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 tn bring it about
peacefully and with no interference
with business that is honest
The two old parties insist on the
s.ime 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
an party foundered at Chicago, led to
destruction by the men who could not
- the breakers ahead.
We as progressives have been abb to
understand the needs of the people a
little bette’. To serve them we had to
<ave lhe Republican party, but We had
tai . ather desert n decadent and deci
mating party than desert the people of
Ik United States
FUNERAL NOTICE.
ALICHEK Th. frler.de of Mrs Caroline
Werber, Mi tlex c Werber and Mr
and Mrs Carl 5 Werber are ln< ited
i.i attend lhe funelul >d Mrs Caro
line tVerb< r tomorrow ‘Tuesday >. \u
gusi 2T. 1912. at .1 </<•!«»« K from the
Cupel of |l M I'Httersoit A- Son
He' '1 Nusstnan will officiate in
ferment will hr m Westvu-w ■ ■■meter.
Th. foil, wing n.f it-d gentlemen "111
l< . r .<'•! ar pallia arerr and mo I al
. .. .I, . pel at C. e|... t|| ,I.lm
M < ;r> •Il Mt " 1 1 Ho'’ Mi M
l s , , Ml il !• Stillwell Mt I <
f< „ M ' II '5 tml.erl>
DEBS ACCEPTS. TOO,
WITHOUT CEREMONY,
RAPPING OPPONENTS
TERRE HAUTE. IND., Aug. 26—Eu
gene Victor Debs today accepted the
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'lJebs 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 ANO GOSSIP
IN MO NEV MARTS
Country’s Crops Exceed This
Year Nine Billions and Pass
All Previous Records.
By B. C. FORBES.
NEW YORK. Auk. 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.
I’hat 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.
T*he farmers have seen themselves grow
richer and richer during recent weeks,
until today nothing but a miracle ran
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 bp 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 lhe 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: Polities 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 lhe 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 is expanding wonderfully.
Raw 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 vanners, and. as a corollary,
bank clearings are well ahead of any re
cent year
Surely that is an inspiring catalogue l '
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 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
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 anti few’ stock flotations have been
attempted. There 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 row 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 bc< oming sane The problems that
must still be solved promise to be han
dled, not with prejudice and passion, hut
with common and statesmanship
~~
AGED KENTUCKY MASON DIES.
L< »I’IS VIIJ .E. KV . \ug J 6 <’a ptai n
II H Grant for 32 years grand ro
tary »«f th* G and Lodg« of K- ntu* ky
Maand one of the recognized Ma
*• iv aut hoi’ll O'- of tie • oiintr' died
(today aged 75
Hi ' • pent of ih* « <nd m« •
; f el.i i ul hl of tin I pi ’ d St a * * IUP i
| i»f tug inißaihm.
I
THE ATLANTA GEORGIAN AND NEWS. MONDAY. AUGUST 26. 1912
BEARiSII REPORTS
tom COTTON
(Heavy Realizing Among Spot
I Interests Sends Prices to
Lowest Point.
J I
l I
NEW’ YORK. Aug 26. Free offerings!
from a number of sources caused the cot
ton inarkci to open to 12 points lower
'I here were favorable crop reports from ■
. various parts of the belt. bpot houses '
. both here and the Soutn were liberal sell
ers. A private dispatch that the Texas'
, crop would reach 5.000.000 bales was also !
:a factor. After the call the market was
' stead.v 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. Eater during lite
afternoon session, renewed hedge selling'
and large spot interests liquidating caused 1
• a downward movement in prices of 5 to -
i 8 points. The many reports of bearish j
character and the late weather map show-
• ing indications for favorable weather j
overnight were believed to be factors fori
the heavy realizing among traders.
The ring crowd during the lasi half
hour of Hading 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 beat movement prevailed
At the close the market was easv, wiih
prices at a net decline of 18 to 26 points
from the final quotations of Saturday
RANGE OF NEW YORK FUTURCS.
>a 11 |_Jja
I Aug-. 10.95|10.78|10775i10.77-78|11.02-04
I Sept. AO.IM 10.!‘4'1.0.78 10.78'10.77-78 11.03-04
Oct. 11.1711.1 V 10.99 11.01 1 1.01-03 11 23-21
Nov. 111,15:11.16-11. la'll. 18 11.06-08:11.28-30
Dee. 1.1 .27 J 1.29,11.09 11.10 1 1.10-Hi11.32-33
• lan. 11,17 11.19 10.99 10.99 10.98-99 11 23-24
t 11.04-06 11.22-31
Mar. 1J.30 11.31 11,12 11.13 11.1.3-1 1 11,35-37
May 11.39 11.39 11.19 11.19 11.19-20 1 1.43- 43
Closed easy.
Liverpool cables were due 1 to
points lower. Opened quiet 1 to 2 points
lower. At 12:16 p. m. the market was dull
at a net decline of 3 to 4’ 2 points. Later
cables were point lower than 12:15
p. m. Spot cotton quiet 5 points lower;
middling. 6.58: sales, 6.000 bales: Ameri
can. a.OuO; imports. 3,000, all American.
[ lenders new docket 1,000.
Estimate*! port receipts todav 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
prices a net decline of to 7 points from i
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 6.36 643
Aug -Sept 6.32 -6.30 6.29 62; l 2 6.34i 2
Sept.-Oct. 6.18» 2 -6.16’ 2
Oct.-Nov. 6.15’i-6.13 6.121 J 6.11 ’ 2 6.17
Nov.-Dec.
Dec.-Jan. 6.11 -6.09’/ a 6.08’ 2 6.07 6.12
Jan.-Feb. 6.12 -6 09’ 8 6.08’75 5.08 6.13
1 Feb.-Meh. 6.13 -6.11V 2 6.10 1, 2 6.09». 2 6.14
Meh.-Apr.
• Apr.-May 6.15 -6.14 6.11’5 6.H’ 2
May-June 6.17 -6.13 6.14 6.12’ 2 617'..
June-July . 6.12 6.17y 2 1
1 Closed quiet.
1
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, where futures were about 4
points lower than due: spots 5 points
’ lower; sales, 6.000 bales. Weather condi
tions over Sunday were very favorable:
part cloudy to fair and warm, some scat
-1 tered showers. Indications are lor a con-
> tinuanee of these conditions, except that
lhe Western states will have increasing
cloudiness and rain and cooler weather
will come on them in the next few days.
r The movement of new cotton is picking
j up rapidly. Galveston received 5,000
, bales more today than last year and ex
pects 33,000 10 35,000 tomorrow, against
33.000 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 PXITURES.
IC!X i ' V \
c : H if I a
a 2Z o ce u -
I o i s J P" i U I cuu
Aug. 11.43 11.43 11.38 11.38 11.37-39 11.44
• Sept. 11.13 11.39
. Oct. 11.28 1 1.31 11.07 11.07 11.07-08'11.34-35
Nov 1 1.08- 10 1 1.35-37
’ Dec. 11.31'11.3411.10 11,1111.10-1111.36-37
Jan. 11.34 11.37 11.12 11.13:11.13-14 11.39-40
Febll.ls-17 11.41-43
Mar. 11.45 11.18 11.25 11.25 11.25-26 11.51-52
Apr. , 1.1.27-29'11.53-55
May 1 1.58 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
the 11-cent level.
Miller & Co.: "We can only continue
our daily advice against following the de
i cline at this time
Ray & Co.: "We expect n<> permanent
advance, and continue to advise sales of
January on all perio<ls »»f strength."
Stemberger, Sinn & <’o.: “\Ve <lo not
look for much change either way and It
appears as if operators would have to be
< onient with very small profits for the
time being.”
i - -
SPOT COTTON MARKBT.
Atlanta, nominal; middling 12’*.
New Orleans, steady; middling 11 1116.
New York, quiet: middling 11.50.
Boston, uulet: middling 11.50.
Philadelphia, quiet: middling 1.1.75.
Liverpool, easy; middling 6.oSd
Augusta, quiet; middling 12' 4
Savannah, steady: middling 11 •• 4 .
1 Mobile, quiet: middling 1! G
Galveston, quiet: middling 12c.
Norfolk, quiet; middling 12c.
Wilmington, nominal.
| Little Rock, nominal: middling 1! <.
Charleston, nominal.
Baltimore, nominal: middling 12 \
Memphis, quiet; middling 12c
St. ’.onis. dull; middling 12c
Houston, .-ready; middling 11\.
j Lfniisviile, firm; middling 12c.
PORT RECEIPTS,
The following table shows receipts at
lhe ports today, compared with the same
day las* year:
1 1.M2 32
New
Galveston 16.629 11.940
Mobile 13 173
Savannah 136 4.312
Wilmington. ... 25
Norfolk 15 217
’total, r ... ,| 18,805 | 1>,428 ~
(NTEHIOR MOVEMENT.
—... " I 1912 ~ | 1911.
UoUHton ' 29, Mil 1 ~29,05i
Augusta 68 856
Mem pins 82 494
St 4 Louis ... 94
I (’in< i nnat i . 37 2 <
■i. 1 ".,k . ~ j
NEW YORK OROCKHRIES.
NEU YORK, Aug 26 Cuffee w it k
; Sn 7 R • Ml't ’«'« d»ke<| Rl< e !irm
«|tnH»“ ti» mdinarv m prime 4‘yfiM* m
Mteadv \ew tM’lenfi.M ojMPn I • •
.•cD’ law firm. < entrifuMa ill
I mm»cnvadn 361 opilhmkn m,km' , 16 »»
' fit ro firm 'StHfiUnl granulated ~ 15. . p
I'htti . ’•(', • ru»l,» I 5 Li rimld \,. < uhe.« ■
535 p wlereti 5 dianpmd \ , . ■m-(
t..... - • ’ . »
N.» 185 N. I 4VO
I
HABERSHAM KING, IN
REPORT, ESTIMATES
S.OOO.OOOBALES IN TEX.
I —~— I
•HABERSHAM KING REPORT 5 MKTj
Habersham King’s cotton crop condition j
'report by states follows:
1 Georgia—The crop must have marked
improvement through the state.
South Carolina-- While rain would be
• beneficial to the whole state 1 neverthe
less consider the week’s development asl
favorable.
I Missisipp; Some complaints of defi
l dent rainfall; otherwise week's develop
-1 men 1 s favoiable
Alabama —As indications are very prom
ising for general rains one must consider
i the developments of the week as fa vol
. able
Louisiana—Week favorable: some see-’
pions complain of insufficient rainfall, but
• no damage as yet threatened
‘ Tennessee While more moisture would
he acceptable, no section is in immediate !
i 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- '
i ate or goqd rains fall next week no dam
age will he done. Should dry weather con
ditions continue damage will he imminent
Oklahoma—As a whole the state has
abundant moisture in the soil to carry
this 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.
•
; what my ideas at this time may be worth,
j I will suggest a probability of 5,000,000
bales for Texas, unless future develop
ment proves very unfavorable.
' North Carolina—The crop on the whole
would be better if good, soaking rains
came: it still, however, maintains its ex
cellent condition which was threatened
with deterioration last week. In conclus
ion there is very little to be said on the
week’s development. While trading close
tn danger line nf 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.
r NEWS AND GOSSIP 1
Os the Fleecy Staple
NEW YORK. Aug 26--Carpenter. Rag
got & Co.: The Journal of Commerce
crop condition of South Carolina and
Georgia follows:
South Carolina -Advices from this stale
are very conflicting. There has been too
much rain in many sections, while some
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- !
sfderable improvement in condition dur- I
ing the last three weeks.
Georgia—Reports from this state are
very favorable. Many correspondents re
-1 port decided improvement during the past
I lon days, the weather having been excep
tionally propitious. There are occasional
I references to the plant being small, but
•strong. In some localities the cfop is
I late and in others there has been too
1 much rain. Fear of early frost is often
I mentioned, but the general tenor of ad
vices is more satisfactory than usual
1 Some prominent spot interest with for
| eign connection were among ’he best sell
ers today . Hentz was a principal seller
here.
Hentz. I'r-eernan, Young and McGhee
wey*e said to be the best sellers after the
call. Hubbard, Gwathmey. Shearson and
Gifford were best buyers.
Dallas wires: “Texas—South and south
! west generally clear, balance cloudy;
sprinkling rains at Whitesboro, Paris.*
< tklahoma—Generally clear.’
Texas cotton crop this year is expected
to break all previous records. Conserva
tive estimate places output at more than
5.250.600 bales
Riordan and Rich good buyers. Pear
sall, Springs, (’one. Hentz offering Spot
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. bids: October
11.14. December 11.24, January 11.14,
March 11.27.
NEW ORLEANS. Aug. 26. Hayward &
(’lark: The weather map shows fair in
Oklahoma. Arkansas, partly cloudy to fa»r
In the Atlantic’s and generally cloudy fn
the rest of the belt: scattered showers,
mostly light, central and eastern states.
Indications are for cloudy r with showers
next forty-eight hours in western states;
partly cloudy in the rest of the belt: prob
ably some scattered showers; ideal tem
peratures.
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
was perfect
The Journal of (’ommerce gives a very’
good account of South Carolina and Geor
gia.
Huntsville, east central Texas, had .32
rain Saturday Prominent planter here
brought full gmwn bolls from cotton
planted on overflowed land on June 10.
and says all will be open in ten days
Crop in splendid condition.
Estimated receipts Tuesday :
1912, 1911.
Galveston 32,000 to 35.000 23.272 !
New Drleans 400 t<» 500 7.40' (
COTTON SEED OIL.
NEW YORK. Aug. 26. —Carpenter. Bag
got & (’o.: 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 fie small. Inter
est in the market is small at present, and
price changes depend largely on the* na
ture of trailing and have little to do with
the commercial situation. New crude oil
Is not yet moving in volume and there
I.as been eontparatively little hedge sell
ing.
« ‘ntton nJ puma Dons .
l_Dnenl n c Clost ng
Spot 1 . '
August .. .. 6 496.55
September .. ..
October 6 51 *7/6.53
November 6.22 ft 6.27 6.20 ft 6.21
December 6 13*h6.14 6 107/6 13
January 6.13ft6.15 6.117/6.14
Februa- 6JL356.19 6 I 2ft 61 5
Cflosed strong: sales 7,800 barrels
NEW YORK COFFEE MARKET.
Coffee qiiotations:
rOpeningT i C’iosit
January 12.80 ft 12.82 12 85ft 12 88
February 1::.85ft 12.88
I Marchl2.9l 12.91 ft 12.92 1
i \pril ’ 2 90ft W1.95'12.94ft 12.95
I May 12.95 12.97 ft 12.98 i
Junel2.9oft 12.95 12 93ft 12.95 J
July 12.86 7" 90<<{ 1 .91 1
September .... 12.65 ft 175 1::.65(j/ 12.66 I
Octohei 12.65 ft, 12 7 5 1.2.7 1 ft 12.74 ;
November . . . 12.65 12.7Rft12.80l
December 12.80 !2.84ft12 85|
•'• • ■ ■ Sales 74.600 I
LIVE STOCK MARKET
i • ! ' .
2,400 Market 10c higher; mixed and |
butcher-. 8.056/9.00; ;;<><•«. heavy, 8.30 ft
8.80. rough heavy . 7,'tsftß ft. light. 8.30 ft I
I 9.00 pigs. 7. 2’sft 8 hulk. 8 8.83
Cattle Ibceipts. 17,000. Market sfeady 1
10i higher beeves, »’».io 50, < <>v. am*
■ ■ j- . sgo . , || •. ■ .
*:uft7 5O; Toxans. S 6 25^/8 '■(•. . .Hvc- 8.30
ft 9 75 *■
Sheep Receipts 35,000. Market weak
10c lnw< r. tati'.e and Western. ’ 15ft 4 10, I
Itunln, 4 25ft 7 25
BUTTER POULTRY AND EGGS.
NEW V>RK. Ai g . Dr» s »<| j.mdtry
quiei, turkey* II o 23. <i h Kenx I4'u .
■ fowl- I .‘.(fl ducks 1 B<*/ I 8 !
lav. poultry steady ehirk**nw 18ft1M s ,l
fowH 14 1 ( bill, turkey*- 14 hmL»<l. i hmuii
I 15’ iiHhf!. ducks II Hwkrtl
lliitt t‘ •‘trath, creamei’ HpectaN .’• '</
JK* creamery extran '■•tl*6 ,> n all i.iuy I
■ !hs» D bld. j»r<H x Mpeclal JP'o.'i*.
Igg th an n. 1 rb. white fam’X 31 <1
If’ tLx •■’ ■w u fatH \ 2'6 ft J 7 ex’» a fir !
• ■ ■ ■ . ■ .J
.I» » * h*‘h mill fa» . \ 15 4 bld skhn*
**P* '-I ' < ► k (fiih fi| . || ''/lit I
HIM PACIFIC
DECLINES MW
—*
Uncertainty of Value of Ex
pected Rights Causes Irregu
larity in Other Issues.
By CHARLES W. STORM.
I i’OKK. Aug 2i. \t the opening
,of tlie stock market most interest een- I
' t< rm in the copper group with a contin
| ued demand for these issues. I tab rose
I ”, to b'<. making a new high reconi while
fiaetional gains were scored l>; Amalga
mated, Smelting and Chino Smelling was
up V while Amalgamate,! rose With
the resumption es business on the London
tiiarkel Canadian Paeinc sustained a bull
movement which caused that issue to open |
here at 273'4. against a gain of I 1 - over;
Saturday's close
Changes in the prices of the usually i
active stocks were without much choice I
during the first fifteen minutes Reading'
lost at the opening, but later reeov- |
ered. Lehigh Salley moved up S. bui I
reacted ■,. i nion I'aeiim was again sup- I
plied at a concession, yielding to I'lO’a.
I’ennsylvania. Atchison ami tlie Hili
stocks made small gains Steel common
after opening higher moved back to
78%, Saturday's last price.
The curb was steady
Americans in London were supported.
A heav.t tone in tlie late forenoon pre
vailed on the stock market i'nion Pacific
and Si. Paul declined a point each. Cana
dian Pacific was under pressure, declining
3 3 i to Lu'.i- 1 .. This selling was based to a
great extent on reports on antagonism of
the Western road.
Moderate pressure was felt, forcing re
cessions from tlie midday range In nearly
all the important issues, interhorough-
Metropolitan was active, declining to
■'>k\. Chesapeake anti Ohio was also sup
i plied for a loss. Arbitage brokets 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 i;notations;
I I t Last | Clos. [Pres
STOCKS— IHlghlLow.lSale.l Bid.lci'se
Amah Copper.l 38% 87%'S8 I ,' S3',, 87%
Ant. Ice Sec... 25%! 35%
Am. Sug. Refl2B ■l2'7'b
\m..Smelting 88% 87% 88%. 88% 87%
\m. Locomo . 45% 45% 45% 45'.. 45%
Am. Car E<|y.. til'. t,| | tit wi% KI
Am. Cot. Oil .. 54% 54% 54%. 54 54%
Am Woolen 28% 28
I \naconda 4K% 45% <5% 45% 45%
Atchison .. .. 108 t> B 108% iOS' 1 , 108% If<B>..
A <’■ L 115% 1 45’, 145% 141 145 ‘
\mer Can .. 40% 39% 40 39%
do, prefll9% 1.19%
Am. Beet Sug 72% 71% 71% 72 72%
Am. T. and T. 144% 144 7 8 744% 144% 145'
Am. Agrfcul ... 59% 59%
Beth Steel 40% 40% 'O% 40% 40 u.
B. R. T 93 91 % 91% ... .' 92
B. and ■>. . .. 107% i 107" s 107-% 107% 107%
Can I’acifie . .'73%i2t>!i% 271 % 271 % 272 ~
Corn Products ■’s% 15% 15% . 15%
'' and <> 82 81% 81% 81% 81%
Consol Gas .. 145% 145% 145% 14|t, 145%
Cen. Leather . 2a 28% 29 28% 28%
Col?. U. and I. 31 31 " 31 31 % . ..’
Colo Southern 40% 31%
D. and 11172% 172% 172% .... I’2
Den. and R. G’. . 20%, 21%
Distil. Secur. 35% 35 35 34% 34%
Ctio ... . 36% 36% 36% 36% 37
do. pref: .... 53%! 53%
|Gen. Electric 182% 182%
Goldfield Cons '3% 3% 3% 3% 3%
<i Western 19 18',.
11. North., pfd. 1.39% 138% 138a. isr.% 138%
<;. North. Ore 45% 45% 45% 45% 45%
Int. Harvester 121 120%
111. t 'cntral ,■ 130% 130
Interboro 20>. 19% 19% 19%! 20
do. pref 59% 59 59 58% 59%
lowa t'enlral 10 10
K. C. Southern 26% 26% 26% 27 26%
K. anti T 28% 28 % 28% 28% ;:8%
do. pref. . . . 62% 62
L. Valle? . . 170% 16;t% 170% 169% Kil'%
1., and N . . . 167% 146’% 166% 166% 167
Mo. Pacific . 38% 38% 38% 38% 38%
N V. Central 116% 115 % 115% 116 115%
Northwest 141 141
Nat. Lead. . . 59% 59% 5!i% 59% 59
N ami W. . .118 118 118 118% 117%
No Pacific. . 1.28% 127% 128% 127% 128%
O. and 0.. . . 37%' 37 37 37 37%
1 Penn . T'i.l4% 124% 124% 124% P.'4%
Pacific Mad 30% 30%
P. Gas i'.. 116'-. II
P. Steel Car. . 38 38 38 .37% 37%
Reading . . 169% 168% 169 169% 169
Rock Island 25 25%
d't. pfd .... 51%’ 51 ■■
R. I. am! Steel 28 28'.
do. pf'l 90% 91%
So. Pacific. . 111% 110% 111. 11l |III%
So. Rallwa? . 30% 30% 30% 30% 30%
do pfd.. . . 30 80 80 78%; 79%
St. Paul. . .105% 105 t100%|105% 106‘a
Tenn. Copper 44% 44 44 43% 44%
Texas Pacific , 22% 22%
Third Avenue 37% 37
Union Pacific 171 170% 170% 170% 171%
I S. Rubber . 51% 51*2 51% 51% ....
Utah Copper . 67% 66% 66% 66% 61'-.
U S Steel . 74 73% 73% 73% 73%
■ 10. pfd.. . . tl3' s 113',, 113% 113 113
V i' < ' v iem... ... 47% 48
West. Union . 82 82 81% 81% 82
Wabash . . 4 4%
<IO. pfd.. . . 14 14 14 tt 13%
I W. Electric . 87% 87% 87% 87 874 k I
j VVIs. Central • 59 57
IW. Maryland J .... . 57% 58
It* >TaT’ sales? 293,'381“ sliTres?
MINING STOCKS.
R<)ST<»N. Aug 26 Opening: North
Rutte. 33-%; Giroux. 5%; Shoe Machine.
55’ 4 ; Rutte Superior. Utah Copper,
♦>6 5 b.
LOCAL STOCKS AND BONDS.
Bi<l. Ask*»d
Atlanta and West Point R R. 140 145
American Nat. Rank 220 225
Atlantic Coal & •• ’• common. lOO’/j 101
.Atlantic <’oal ,<• Ice pfd 90 92
Atlanta Brewing & Ice Co.. 170
Atlanta National Rank 325 330
Broad Riv Gran. Corp 25 30
do. pf<J . 70 72
Central Bank <£• ’l’rust Corp . . 147
Exposition Cotton Mills ion ms
Fourth National Bank . ... 265 270 I
Fulton .National Rank . 127 131 I
Ga. Ry. x- Elec, stamped . . 125 126
Ga Ry. Dower Co. common 28 30 |
do, first pfd. .81 85
do. second pfd 43 45
Hilly er Trust Company 125 127 I
Lowry National Rank 248 250 |
Realty Trust Company 100 105 •
Southern Ice common .... 68 70 I
The Security State Bank . 115 120
I Third National Bank 230 235
Trust Company of Georgia 245 250
I Travelers Hank Trust Co . 125 126
BONDS.
[ Atlanta Gar Light ’s 102
Broad Riv. Gran. Corp. Ist 6s 90 95
! Georgia State 4’ 2 s. R'ls, 65.. 100’ 2 10l' /2
jGa Kv. a Elec. <’o. ss. lo.’ l - 104
;Ga Ry. a Elec. ref. 5s 100 101
i Atlanta Consolidated 5s .. . 102’, 2 . .
I Atlanta City 3’£s. 1913 91 92
I Atlanta CHv 4s. 1920 .... 9X 99
Atlanta Chy 4’ 2 s. 1921 . ... 102 103
NE WYORK PRODUCE MARKET.
NEW YiiRK Aug. 26 Wheat sPh.B
| September 102 Rft 1.02\. Spot No. 2 red
■ ator and 1.07% f. o. b Cotn
[dull. N<> 2 in elevator nominal, export
|No 2 nominal f <> h. steamer nominal.)
\'o i nominal »>ats flrm. natural white |
,37ft 41. vvlii. clipped 41 ft 4 4 live quiet:!
No i • Inal f " b New York Ba •
I lex quiet, malting new 60ft72'- I f Bus-I
| falo Ha firm good to prime i LOHI 40. |
j P i<ir to fnir Lb’ft | 20
Flour more a< the soring patents t 26 i
<7'so. -tf.ilglitM 4 75ft ;> <H) • tear- 4 6’.ft
- j
' 4 5" </ l 70. < h ' I 254/ ’ 50
Bi t-f tin: t umh 18 oOft !•• ne I’ork 1
>< ujk in* , 20 '">ft 9» M fan I.i "00 ')
i ■ city attam ti 00 bid I
J middle \\ ♦ Npot 11 uo biu Tallow firm, j I
• it' im | l !..tl"<i 6 „ commal country I
| •in t lereew i ft 6
L i l *n<! .tri wei ih* Want \d* n Tht
'<» k«o x K -Ml I ulr tor exrr 1 indH 1(1 I
I’ • ■ . .... |
• 'mar moqieruu . ami mure it
I«ontented j
weather "I
Conditions.
W ASH 1 NG'l't ».\. Aug 26. There will be
showers tonight or Tussda) throughout
: the Atlantic and east gulf states, Tennes
| see and Ohio valley and the lower lake
| region. In the upper lake regions and the
I lower Ohio valley the weather w ill be fair
i tonight and Tuesday.
A change to lower temperatures will
oxerspread the northern and middle states
♦ ast tis 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.
Xrkansas. <)klahoma. Indian 'Territory.
East and West Texas—Generally fait.
DAILY WEATHER REPOHT.
\TLANTA, 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 tlxcess since Ist of month, inches. . 0.03
Excess since January Ist. inches .. . .16.56
REPORTS -ROM VARIOUS STATIONS.
I !'i'emperature|R’fall
Stations— ; Weath. ’ 7 I Max. ' 24
l_ la. m. ly'day.ihours.
Augusta ... Cloudy I 72 | .56'
Atlanta Cloudy 70 84 .16
Atlantic City Cleat 76 80
Anniston Clear 74 88
Boston T'loudv 62 90
Buffalo ....'Cloudy 70 76 .12
Charleston ...Clear 78 88 I ....
Chicago . ... < Hear 74 so ....
1 tenver t 'lear 62 94 I
DeaMoines . . Clear 72 96
Duluth Cloudy 58 .'8
Eastport ... Clear' 54 74 .12
Galveston ... Clear 82 88 ...
Helena ... cloudy 54 84 ....
Houston Clear 78
Huron Cloudy 56 100 ' ....
Jacksonville . Cloudy 72 86 .12
Kansas Chy.. Clear 76 96 j ....
Knoxville .... dourly 70 i 86
l.culsvl.e ... Cloudy | 78 92 ! ....
Macon Clear 72 90 : ....
Memphis .. Clear 76 88 ....
Meridian .... Cloudv 72 ....
Mobile ... Pl. eltly 78 86 ...
.Miami . . ./Clear 81 1 90 i ....
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 i 96 ....
Palestine ... Pt. cldy. 76 94
Pittsburg .... Raining 70 86 .02
P'tland. oreg Cloudy 58 76
San Francisco Cloudy 58 66
St. Louis... fßaining 72 88 .72
St. Paul Clear 62 90 1 ....
S. Lake City. Clear 68 90
Savannah ../Clear 74 .18
Washington . Cloudy 72 92
C. F. Von HERRMANN. Section Director
fATLWIMARKETS
EGGS Fresh country candied,
RUTTER Jersey and creamery, In 1-lb.
blocks, 20ft22‘-ie; fresh country dull, 10ft
pound.
DRESSED POULTRY --brawn, head
and feet on, per pound: Hens. ITftlSc;
fries. roosters, B (rt> 10c; turkeys,
owing to fatness. 18(u20c.
LIVE I’OU L’J’RY—Hens, 40ft45c; roost
ers 25ft 35c; fries. 18ft 25c: broilers, 20ft
25c; puddle ducks. 2~»(£s3oc; F’ekin ducks,
49ft 45c; geese 50<b Koc each; turkeys, ow
ing to fatness. 14ft15c
FRUITS AND PRODUCE.
FRUIT AND VEGETABLES Lemons,
350 per box. bananas, 3ft3’ per
pound: cabbage. 75ft $1 per pound, pea
nuts. per pound, fancy Virginia 6’ 2 ft7c,
choice 5‘ 2 ft 6c: beans, round green, *75cft
$1 per crate; pom hrs. $1.50 per crate;
Florida celery. s2.ooft 2.50 per crate;
Lquash. yellow, per six-basket* crates,
- fancy. $1.25ft1.5(».
choice sl.2sft 1.50 per crate; beets, sLsoft)
2 per barrel; cucumbers. 75cft$l per crate;
new Irish potatoes, per barrel. $2.50ft2.
Egg plants. $2ft2.50 per crate; pepper,
$I ft I 25 per crate: tomatoes, fancy, six
basket crates }1 50ft 1.75, choice toma
toes $1.75'7/2; pineapples, S2C .25 per
crate; onions, $1 ft 1.25 per bushel, sweet
potatoes, pumpkin yam, SI ft 1.25 per bush
el; watermelons. 310 ft 15 per hundred;
cantaloupes, per crate, slftL2s
PROVISION MARKET
(Corrected by White P- Company.)
Cornfield hams, 10 to 12 pounds average,
i t, 1 .
Cornfield hams, 12 to 14 pounds average,
IG’/ 2 c.
Cornfield skinned hams, 16 to 18 pounds
average, iTc
Cornfield picnic hams, 6 to 8 pounds
a vet ago, 12’/ 2 c.
Cornfield breakfast bacon, 23c
Grocer style bacon (wide or narrow),
18c.
Cornfield fresh pork snusage (link or
hulk) 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-
pound boxes. 9( .
Cornfield smok'd link sausage in pickle,
50-pound < Uns. $4.50
Cornfield frankfurters in pickle. 15-
pound kits, $1.50
Cornfield pickled pig's feet. 15-pound
kits. $1
(’ornfield pure lard (tierce basis), 12’<<’
(’<iuntr\ style pure lard, 50-pound tlnf
only. ID%*
Compound laid ttierce hasisr,
D. S extra ribs,
D. S. rib bellies, medium average. 12’*''.
D S rib bellies, light average, 13Gr
FLOUR AND GRAIN.
FLOUR Postells Elegant. $7.25: Ome
ga. $7.50 Gloria tself-rising). $6.25: Vic
tory (finest patent*. $6.25. Diamond
(patent). $6 25. Monogram, $5 8<»; Golden
Established 1861
II The
11 LOWRY NATIONAL BANK
11 OF ATLANTA
Designated Depository
I I of the United States |
County of Fulton, City of Atlanta.
Capital . , , 51,000,000.00
Surplus ■ . . , $1,000,000.00
Accounts of Individuals,
Bank and Corporations
Solicited
» I
REPORTS MID
STEADY CEREALS
Market Has Upward Tendency
Early, But Recedes Late,
With Small Changes.
ST. LOUIS CASH QUOTATIONS.
Wheat No. 2 red 102® 105
' orr > 77 % 78
< -* ts 32fa 32%
CHICAGO. Aug. 26—The early
strength in wheat when prices were \ t<»
«<.• higher was on the advances ar Live)-
pool, where the weather was still unfa
vorable. Northwestern receipts were
smaller than a year ago and world’s ship
ments were smaller than looked for.
Shorts w’ *re the principal buyers.
•ri! orn 4C higher to unchanged.
The weather was ideal for the growing
crop, hut the receipts were small at 143
cars.
(»ats were to ’ 4 c lower to unchanged
and ' R c higher.
Provisions were fractionally better
along with the advance in hogs at the
) ard--
While the price for w’heat reacted to
•h<- from the bottom late in the day final
prices showed losses of only to ’ 4 The
market was oversold and buying by shorts
as well as investors helped to steadv the
?l t A U AA t A“ , l r sales were moderate at
110 000 bushels.
q- aaa ’? tn 3 8 c b ® tler w ‘th sales of
iSa.OOO bushels for Eastern shipment.
Oats showed losses of » s to s ß c for Mav
and September, respectively, while De
cember was off the smallest fraction.
’ ash sales of oats tallied 1,160,000 bush
els.
Provisions were higher all around.
CHICAGO GRAIN MARKIT.
Pre*.
WHFAJ’- H ' 8 "' LoW ' - los ®-Close.
Sept 94'., 94% 93% 93: 94
I!’’ 1 ' 9 2?» ! ' :t % 93% 93%
May !%% 97% 97 97 u 97a,
COHN- "lie
Sept. 72% 72% 71 •% 73% 72%
Dee. 54% 54% 54 54% 54%
M oats-‘ 53 *’ M f,s ’ i S3a »
Sept ‘32% 32% 32 32% 32%
Dec 32% 33 30% .IgA ,123?
May 34% 351 346 347 '.J,*
PORK— S *
spt 17.90 17.95 17.87% 17.87% 17.92%
Oct 18.05 18.10 18.00 1800 18.05
Jan 19.15 19.35 19.15 19.20 19.12%
LARD— ’
Spt 11.02% 11.05 11.00 11.02% U.OO
Oct 11.00 11.15 11.10 11.12% 11 07i,
“ribs 80 10 ' 82 ' 4 10.77% 10.80 10.77%
Spt 10.97% 1.1.05 10.97% 10.97% 10.97%
Oct 11.00 11.05. 11.00 11.00 10.95
Jan 10.20 10.22% 10.17% 10.20 10.15
LIVERPOOL GRAIN MARKET.
" heat opened %® %d higher: at 1:30
p. tn. the market was %®%d higher
closed %r«' 3 d higher.
Corn opened %<i lower; at 1:30 p. m. the
market was %%%d lower; closed ’id
lower.
CHICAGO CASH QUOTATIONS.
CHICAGO. Aug. 26. Wheat—No 2 red
1 »a(a 1.06, No 3 red 95® 1 04. No. 2 hard
winter 0- 'n 96%. No. 3 hard winter 93%®
95. No 1 Northern spring 97«f99 No 2
Northern spring 95'097, No 3 spring 93®.
I*6.
.a'.V'; Y’ 7 ■ ; "-3®»0%. No. 2 white
80%®81. No. 3 yellow 3'l®SO%. No 3 79®
■ i'!'/'' 3 " h - ite No. 3 yellow
■ '% </8". No 4 ( B%® >!•%. No. 4 white 79%
■ ® <9%. No. I yellow 79® 79%.
Gats No 2 white 34%®34% No
white 33® 34 No. | 31 ((131%, No. 4 white
32® 32%. standard 33%®.35
VISIBLE SUPPLY CHANGES.
Following shows the visible supply of
wheat and corn in chief ports for' the
week ending today:
Wheat. Increast 419.000 bushels.
Corn, decrease 657.000 bushels.
Oats, increase 1,050.000 bushels.
PRIMARY MOVEMENT.
WHEAT— 1 nt? 1 tsn
Receipts' 1.741,000 1.400.000
Shipments 894.000 529.600
CORN— |~ j -
Receipts 628,000 I 959,000
,__ L . , 413,000 j 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
Oats. . . . 3,151,000 2.021.000 18,839.000
"tain. U' 40: Faultless, finest, 86.25; Home
Queen (highest patent), $5.65: Puritan
(highest patent,. $965. Sun Rise (half
patent), $5.25; White Cloud (highest pat
entt, $5,45; White Daisy. $5.45: Sun Beam,
$5 25: Ocean Spray (patent!. $5 25.
I'ORN White, red cob $1.10; No. 2
white. '1.08; cracked. $1 05: yellow. $1.05
MUAL Plain 144-pound sacks. 97c; 95-
pound sacks. 98e; 18-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 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,
$1.50; Wheat (Tennessee), blue stem,
51.40; red top cane seed. $1 35; rye (Geor
gia). 51.35. Appier oats. 85c; red rust proof
oats. 72c. Rert oats, 75c; Texas rust proof
oats. 70c, winter grazing, 70c; Oklahoma
us) proof, 50c, blue seed oats, 50c
15