Newspaper Page Text
Real Estate For Sale.
gHARP & DoyLSTON
SIOO CASH, $25 MONTH.
AA ILL PUT you in posses
sion of a nice home on
the south side with five
rooms and a nice lot. You
don t often have a proposi
tion of this kind, and we
are not telling all of it here.
Come in and let us tell you
just how good a proposi
tion 1 can make.
ormetoodHpar k .
SIX ROOAI S, double
floored, stone front, and
a lot that is over 400 feet
deep. I his lot has a pure
spring branch, and is one of
the finest places you ever
saw to give your children
the benefit of the fresh,
pure air, and you have
plenty of room to raise all
the ducks and chickens you
want. This is in one of the
most desirable suburbs in
the city, and will soon have
a car line right at the
house. We have a very
close price on this, and can
make easv terms.
J. L. BOWLES & CO.
205 Austell Building (first floor). Phone M. 5534.
IF yon own your lot or have it partly paid for, we will build you
a home on terms like rent; or if you can make a reasonable cash
payment, we will buy you a lot and build you a home to your own
ideas. Plans designed and drawn on short notice at very reasonable
prices. Your business will be highly appreciated.
IN BATTLE HILL ON ALIXIR AVE.
TOl R ROOMs and bath, bungalow with basement,
good lot, sewer and sidewalk paid for, plumbing
complete, for $1,700. Terms SIOO cash, $15.00 per
month, 7 per cent interest.
J. N. LANDERS
Phone Main 3422. 812 Austell Bldg.
HOME SEEKERS
ARE YOU in the market for a home? If so, It will be to your Interest to confer
with us at once. LISTEN! Do you own a lot anywhere in the city or sub
urbs paid tor or half paid for? If so, let us build a house on it to suit your ideas
and arrange terms like rent or easier. Houses we build range second to none in
point of workmanship, material and beauty. Ask our customers. Plans and
specifications will cost you nothing.
Gate City Home Builders
• REAL ESTATE AND BUILDERS.
809 Third National Bank Building. Phone Ivy 3047.
THE HOUSE you will build, buy or rent will not be a
modern home unless it i s wired for Electricity.
Legal Notices.
a piujciSniATioN™ ~
Submitting a proposed amendment to
the constitution of the state of Georgia,
to be voted on at the general state elec
tion to be held on Wednesday, October 2.
1912, said amendment relating to the bor
rowing power of the governor.
By His Excellency.
JOSEPH M. BROWN, Governor.
STATE OF GEORGlA—Executive De
partment.
Atlanta. July 29, 1912.
Whereas, the general assembly at its
session in 1911 proposed an amendment
to the constitution of this state as set
forth in an act approved August 19, 1911,
to-wit:
An act proposing an amendment to the
third section of the seventh article of the
constitution by striking therefrom the
words “casual deficiencies of revenue"
and substituting therefor the words "such
temporary deficit as may exist in the
treasury in any year from necessary de
lay in eollecting the taxes of the year;”
and by striking the words “two aindred
thousand dollars” and substituting in lieu
thereof "five hundred thousand dollars,
and any loan made for this purpose shall
be repaid out of the taxes levied for the
year in which the loan is made.”
Section 1. Be it enacted by the general
assembly, that it shall be and is hereby
proposed to amend the constitution of
Georgia in the third section of the sev
enth article so as tv strike from para
graph one tlae words "casual deficiencies
of revenue" and substituting in lieu there
of the words, "such temporary deficit as
may exist in the treasury in* any year
from necessary delay in collecting the
taxes of that year," and by further strik
ing from said section the words "two
hundred thousand dollars" and substitut
ing in lieu thereof, "five hundred thou
sand dollars, and any loan made for this
purpose shall be repaid out of the taxes
levied for the year in which the loan is
made," so that the first paragraph of
said section when amended shall read as
follows: "No debt shall be contracted bv
or on behalf of the state, except to sup
ply such temporary deficit as may exist
in the trea-sury in any year from neces
sary delay in collecting the taxes of that
year, to repel invasion, suppress insurrec
tion. and defend the state in time of war,
or to pay the existing public debt; but
the debt created to supply deficiencies in
revenue shall not exceed, in the aggre
gate. five hundred thousand dollars, and
any loan made for this purpose shall be
repaid out of the taxes levied for the year
in which the loan is made."
Section 2. Be it further enacted. That
whenever the above proposed amendment
to the constitution shall be agreed to by
two-thirds of the members elected ’o each
of the two houses of the general assembly
and the same has been entered upon
their journals with the ayes and nays
taken thereon, the governor shall cause
said amendment to be published In at
least two newspapers in each congression
al district in this state for the period of
two months next preceding the time of
holding the next general election.
Section 3. Be it further enacted, That
the above proposed amendment shall be
submlttM for ratification or rejection to
the electors of this state at the next gen
eral election to be held after publication,
as provided in the second seclion of this
art in the several election districts of this
state, at which election every perm n shall
be qualified to vote who is entitled to vote
for members of the general assembh All
persons voting at said election In favor
of adopting the proposed amendment to
Railroad Schedule.
"PREMIER CARRIER OF THE SOUTH"
ARRIVAL AND DEPARTURE OF
PASSENGER TRAINS. ATLANTA.
The following schedule figures are pub
lished only as information, and are not
guaranteed:
No. Arrive From— I No. Depart To
35 N. Y0rk..5:00 am! SON. York. 12:15 am
13 Jaxville. 5:20 amj 30Coi’bus... 5:20 am
43 Was’ton. 5:25 ami 13 Cinci 5 30 am
12 Sh'port.. 6:30 am| 32 Ft. Vai.. 5 30 am
23 Jaxville. 6:50 am! 35 B'ham ... 5 45 am
•17 Toccoa... 8:10 am 7 Chatga.. 0:40 am
26 Heflin. .. 8:20 am 12 R'mond. 855 am
29 N. York.lo:3o am 23 K. City.. 7 00 am
3 Chat ga 10:35 am 16 Bruns’k.. 7 45 am
7 Macon.. 10:40 am 29 B'ham.. 10 45 am
27 Ft. Vai..10:45 am 38 N. York. 11:01 am
21 Col’bus .10:50 am 40 Ch’lotte. 12:00 n'n
8 Cinci... 11:10 am 0 Macon... 12 20 pm
30 B’ham... 2:30 pm SON. York.. 2 45 pm
40 B'ham. 12:40 pm 15 Chatt’ga 3 00 pm
39 Ch'lotte. 3:55 pm 39 B'ham. .. 4 10 pm
5 Macon.. 4:00 pm *lB Toccoa... 4 30 nm
37 N. York. 5:00 pm 22 Col'bus... 5:10 pm
15 Bruns’k. 7:50 pm 5 Cinci... 510 pm
11 R'mond.. 8:30 pm 28 F. Valiev 5-20 nm
24 K. City. 9:20 pm 25 Heflin...’. 5:45 pm
IGChatt'ga 9:35 pm 10 Macon... 5:30 pm
29 Col’bus. 10:20 pm 44 Wash'n . 8:45 nm
31 Ft. Vai. 10:25 pm 24 Jaxville.. 9:30 pm
30 B’ham.. 12:00ngt 11 Sh’port.. 11:10 pm
14 Cinci.ll:oo pm 14 Jaxville 11:10 pm
Trains marked thus (•) run dally, ex
cept Sunday.
Other trains run daily. Central time.
City Ticket Office, No. 1 Peachtree St.
Window Cleaning.
National Window Cleaners
WILL CLEAN YOUR WINDOWS,
Dwellings or Store Fronts; Carpets Vacu
um Cleaned; Floors Oiled or Waxed.
All Work Guaranteed.
47 E. Hunter St. Main 1175, Atlanta
Phone 1051. 7-5-24
NOTICE TO DEBTORS AND CREDIT
ORS.
AU creditors of the estate of F. D.
Bearse, late of Fulton county, deceased,
are herby notified to render in their de
mands to the undersigned, according to
law, and all persons indebted to said es
tate are required to make immediate pay
ment. ASA BEARSE, Administrator.
Aug. 20. 1912. 8-20-38
Legal Notice.
the constitution shall have written or
printed on their ballots the words, “for
amendment to constitution authorizfng
temporary loans,” and all persons opposed
to the adoption of said amendment shall
have written or printed on their ballots
the words, “against amendment to con
stitution authorizing temporary loans."
Section 4. Be it further enacted. That
all laws and parts of laws in conflict witi
this act be, and the same are, hereby re
pealed.
Now. therefore. I. Joseph M Brown
governor of said state, do issue this mv
proclamation hereby declaring that the
foregoing proposed amendment to the
constitution is submitted for ratification
or refection to the voters of the state
qualified to vote for members of the gen
eral assembly at the general election to be
held on .Wednesday, October 2 1912.
JOSEPH M. BROWN, Governor
By the Governor.
PHILIP COOK, Secretary of State
7-
The Hon. Philip Cook, Secretary of State
of Georgia; The petition of the Empire
Life Insurance Company shows that it is
a corporation doing a life insurance busi
ness under a charter obtained on the
6th' day of March. 1911, and amended on
the 12th day of October, 1911, and that
it desires a further amendment to said
charter increasing its capital stock to the
amount of $1,0°0.000. the face value of
each share of such increase of stock to
be S2O. and that all steps necessary to
effect this change of Its capital stock have
been taken In accordance with law In
such cases made and provided.
F. A. HOOPER,
Petitioner's Attorney
8-
ORDINARY PEACOCK. OF
MORGAN COUNTY, DEAD
MADISON, GA., Aug. 27. —The body
of Judge R. L. Peacock, of Madison,
who died at a sanitarium in Atlanta
where he had gone for treatment, was
brought to his home in this city, where
funeral services were conducted this
afternoon. Interment took place in the
family cemetery at Appalachee.
Judge Peacock, at the time of his
death, was ordinary of Morgan county,
and had held the position continuously
for about nine years. He was a native
of this county. He served several terms
as treasurer of this county. He had
just passed his seventieth birthday.
Judge Peacock was a Confederate
soldier, having been a member of Com
pany D, Third Georgia regiment, enlist
ing at the beginning of the war. Sur
viving him are his wife, one son,
Thomas P. Peacock, cashier of the Bank
of Rutledge, and two daughters, living
at Cedartown, Ga.
THE ATLANTA GEORGIAN AND NEWS. TUESDAY. AUGUST 27, 1912.
COTTONDROPSTO
I NEW LOW LEVEL
i
Southern Hedge Selling and No
Spot Demand Cause of De
cline in Staple.
i
NEW YORK, Aug. 27. Weak cables i
and excellent weather conditions over
night caused a resonant of yesterday’s ,
downward movement on the cotton mar- :
ket today with first prices a net decline
of 5 to 12 points from last night's close. •
After the call heavy liquidation prevailed '
and prices receded a few points from the j
early range. The decline soon reached 15
points for the active months with very j
little support save covering by j
shorts. At the end of 15 minutes the list '
was off 11 to 14 points from the previous I
• lose. The most important factor ;
from the broken drought in Arkansas and !
North Carolina, also the beneficial rains |
in southeast Texas and central and east
ern states.
The Waldorf crowd during the late fore
noon 1 trading began to buy heavily and
through their aggressiveness prices devel
oped on upward tendency regaining the
early decline in iriost active positions.
During the afternoon session a renewal
selling wave prevailed on Southern hedge
selling and reports of lower basis of spots
and spinners withdrawing their attention
from the market. This caused a sudden
backward movement and prices quickly
reacted hack and below the early losses.
The entire list being under the 11c level
October and January receded to 10.78 with
December only 10 points better with the
entire list aggregating a sftl4 point de
cline from the opening Sentiment gen
erally continued very bearish while the
weather and crop news was still favor
able.
At the close the market was steady
with prices showing a net decline of 9 to
13 points from the final quotations of
Monday.
RANGE OF NEW YORK FUTURES.
I C I rj I ■ _ ■ 0? ■ b.’ ®
I “I ® r t"
| o| S I H -laa U I
Aug.. 110.72110<72’10.65|10.72!’10.77-78
Sept. ’10.64’10.65 10.64 10.65’10.64-60110.77-78
Oct. (10.92 10.92110.38110.88'10.88-89111.01-03
Nov. ’ 110.94-96111.06-08
Dec. 'll.OO 11.05 10.88 11.00’11.00-01111.10-11
Jan. 10.91 10.94’10.77 10.88:10.88-89’10.98-99
Feb. 10.95-96'11.04-06
Meh. .11.03 11.06’10.93’11.02(11.02-03 11.13-14
May '11.07 1 1.11 11.00 11.11 11.09 -10 11.1
Closed steady.
Liverpool cables were due 8 points lower
on 'January and' 6% points lower to 7 on
other positions. The market opened easy
at 8 points decline. At 12:15 p. m the
market was easy at a net decline of 10% 1
to 12 points. Spot cotton quiet at 13 ■
points decline; middling. 6.45; sales, 6,000
bales: American, 5,000; imports, 4,000; |
American none.
At the close the market was barely I
steady with prices at a net decline of 12 I
to 15 points from the final quotations of I
yesterday.
l-letfmated port receipts today 35,000,1
bales, against 24.530 last week and 37,077 I
last year, compared with 21.200 bales in ;
1910
RANGE IN LIVERPOOL FUTURES.
Futures closed quiet and steady.
Range. 2 P. M. Close. Prev.
Opening Prev. 1
Aug. . . . 6.28 -6.25 6.24 6.21 6.36
Aug.-Sept 6.18%-6.16% 6.15 6.13 6.27%
Sept.-Oct. 6.08 -6.03% 6.04 6.0216 6.15
Oct.-Nov. 6.03 -6.0016 6.01 5.9916 6.1116
Nov.-Dec. 6.00 -5.9716 6.97 5.9516 6.0716
Dec.-Jan. 6.9916-6.57 5.96 5.95 6.07
Jan.-Feb. 6.00 -5.97 5.97 5.96 6.08
Feb.-Meh. 6.01 -5.9916 6.9716 5.9716 6.09%
Meh.-Apr. 6.03 -6.00 6.00 5.98% 6.10%
Apr.-May 6.04 -6.02 5.99% 6.11%
May-June 6.05 -6.02 6.02' 6.06% 6.12%
June-July 5.99 6.12
Closed barely steady.
RANGE IN NEW ORLEANS FUTURES.
L if'
Aug. ; 11.27 11.27’ 11.27|11.2?’1l .22 (11.37-39
Sept. ’10.93110.93(10.93(10.93’10.99 i 11.13
Oct. 11.00’11.04 11.90 10.90’10.99-00’11.07-08
Nov. II 1.01. 11.07 11.01 11.07 10.99-01 11.08-10
Dec. 11.04 11.07 10.92 11.01 11.01-02’11.10-11
Jan 11 08 11. IQ 10.95 11 05 11.04-05 11.13-14
Feb 11.06-08 11.15-17
Meh. 11.20 11.21 11.10 11.17111.17-18 11.25-26
Apflll.2o-22 t 1.27-29
May 11.32 11.32’11.22 1 1.29 11.27-38 1 1.35-36
Closed steady.
PORT RECEIPTS.
The following table shows receipts at
the ports today, compared with the same
day last year:
__[_l9l2 I “1911.’ _
New Orleans. . . . 446 i 7,409
Galveston l 31,832 ! 23.272
Mobile 19 ’ .146
Savannah 203 4.317
Charleston 1 .... 312
Wilmington .... 101
Norfolk3B_32o_
Various 32,538 36,239
INTERIOR MOVEMENT.
~ | 1912 | 1911. _
Houston 1 14,263 10,927 j
Augusta. ......’ 146 632
Mempb‘s 31 250
St L' tis 57 397
Cincinnati. . . . ■ . 54 60
“Total. . .| 14,551 |12,266
SPOT COTTON MARKET.
Atlanta, nominal; middling 12%.
New Orleans, quiet; middling 11%.
New York, quiet: middling 11.30.
Boston, quiet: middling 11.30.
Philadelphia, quiet; middling 11.55.
Liverpool, easier; middling 6 45d.
Augusta, quiet: middling 12%.
Savannah, steady; middling 11%.
Mobile. quiet” middling 11’4.
Galveston, quiet; middling 11%.
Norfolk, quiet; middling 11%.
Wilmington, nominal.
Little Rock, nominal; middling 11%.
Charleston, nominal.
Baltimore, nominal: middling 12%.
Memphis, quiet; middling 12c.
St. Louis, dull; middling 12c.
Houston, easy; middling 11%.
Louisville, firm; middling 12c.
WEEKLY GOVERNMENT
REPORT ON WEATHER!
WASHINGTON, Aug 27 --Precipitation I
occurred generally over the cotton region, >
except that over a large part of southern *
Texas and a small area in east central I
Oklahoma there was n<> rain. The rain-!
fall was unevenly distributed, being heavy
in some localities and light in others.
More than two inches (Incurred in parts
of northern Texas, southern Louisiana,
rtorthern Mississippi, southern Alabama,
north Florida, Georgia and the Carolinas
and southeastern Tennessee. The great
est weekly amount. 4.80 inches, occurred
at Mobile. Mean temperatures were 1 to
8 degrees above normal throughout the]
cotton region, the greatest excess being]
in western Texas. Weekly mean tem
peratures ranged 72 to 82 over the east
ern, from 78 to 82 over the central and
from 82 to 88 over the western portion of i
the cotton growing states. The lowest I
weekly mean temperature. 72. occurred at i
Asheville. N. and the highest. 88 at
Abilene, Fort Worth and Del Rio Texas I
It’s like getting money from hn/tfe. for I
It’s money easily made by reading, using
and answering the Want Ads in The ’
Georgian Few people realize the many !
opportunities offered them among the i
small ads It’s a good sign that if the peo
ple did not get results from the Want Ads
of The Georgian that there would not be
so many of then; If. for nothing else, sit
down and check off the ads that appeal to
you. You will he astonished how many of
them mean money to you. The Want Ad
pages are bargain counters in every line. •
The ads are so conveniently arranged that j
they can be picked out very easy.
j NEWS AND GOSSIP’
Os thtf Fleecy Staple j
NEW YORK, Aug. 27.—Carpenter, Bag
! got X- Co.: Weld's estimate is 79 on
August 25, against 81.7 last month, show
ing ,a ilecline of 2.7 for the month. Weld
i X’ Co. say this foreshadows a government
report around 73.7.
Browne Drakeford & Co.. Liverpool,
cable: "The market has declined in con
sequence of scattered selling."
Dallas wires: "Texas San Antonio
I cloudy; balance clear and warm Okla
homa— Generally clear and warm.”
I Heavy selling on and after call may
I force prices lower today. Orvis, Lehman
and Rosenberg bought Schill, Gifford,
i Parrott and Hanneman sold January.
Hubbard. Mitchell, Watkins, Marsh and
I Flinn bought October. Schill. Schley,
I Rothschild and Geer sold. Mitchell,
Shearson and Hicks bought December
j Schill, McElroy, Hubbard and Rothschild
Isold.
McFadden, (’one and other spot inter
ests were good sellers up to noon. The
. Waldorf brokers and ring speculators
! were good buyers. The decline was
caused by general wavefbf ring selling.
I There was a good lot of the selling
I this morning. Looks To be sh'brt lines
• being put out again by those who cov
| ered at a higher price.
Following are 11 a. rn. bids: October
I 10.88. December 11c, January 10.88, March
| 11.02.
NEW ORLEANS. Aug. 27. Hayward X’
(’lark The weather map shows fair In
east Texas, Oklahoma. Arkansas and
Tennessee; cloudy in west Texas and
rest of the belt Some rain in southoast
i Texas. General rain in central and east
ern states, just what was needed. Some
tine rains in Arkansas and general rains
in North Carolina, where drouth is now
broken.
Most favorable feature of today’s map
is that temperatures in central and
eastern states are lower and the danger
of a damaging heat spell has once more
been eliminated.
Liverpool cables: "Expert further de
cline.”
Reported here that Pell X’ Co. are now
advising purchases.
Liverpool cables: "Market steadier for
the moment, but still broadly lower."
Houston wires: "Interior again easier.
Look for pressure from accumulating cot
ton; demand disappointing."
The New Orleans Tinies I Jemocrat says:
Monday's decline surprised both factions,
but changed nobody's views, as almost
everybody is bearish. Two influences
were at work. Europe was not inclined
to buy for forward delivery in an unset
tled martlet and Galveston’s receipts
have been climbing up to last year’s fig
ure very rapidly. Under these circum
stances supply merchants have offered
cotton on a comparatively low basis,
trusting to suspended demand and free
movement to pull them through, and the
gossip incident to such transactions sim
ply pulled the props from under the rings.
Os course there has been plenty of talk
about crop improvement in such states
as Georgia. Mississippi and Oklahoma.
All of which served to embolden the op
erators on the short side. It is probable,
however, that the European spinner hesi
tates more because the market is not
* steady 'than because values are too high,
i as contrasted with the value of the man-
I ufactured article, and it is also probable
I that exporters will display more caution
lin selling ahead against forward pur
chases In the interior than some of them
I have shown so far.
i Estimated receipts Wednesday:
l New Orleans 700 to 900 2.637
Galveston 13,000 to 14.500 16,876
I cotton Market opinions.
Thompson, Towle & Co.: "We under-
■ stand American spinners are likely to he
I good buyers and the total visible supply
i is bought so largely in excess of last year
Jas to encourage a holding back of this
demand.”
Bailey X’ Montgomery: "The fact is
that while most people are bearish the
short interest may be quite large, and
this may make further selling risky."
Stemberger, Sinn & Co.: "We would
be cautious about buying and then onl>
on good sharp breaks, ami would again
take advantage of any rally to sell on."
Miller & Co.: "Do not follow this ile
cline.”
J. S. Bache & Co.: "We would
buying until after the government report
of September 3 unless in the meantime
the market has a decided reaction.”
NEW YORK PRODUCE MARKET.
NEW YORK, Aug. 27.- Wheat steady;
September, spot. No. 2 red.
1.07, in elevator, and 107 f. o. b. Corn
dull; No. 2, in elevator, nominal; export
No. 2, nominal, f. o» b.; steamer, nominal;
No. 4, nominal, f. o. b. New York. Barley
quiet; malting, new, 60<u72, c. i. f. Buffalo.
Hay strong; good to prime. 1.10(iil.40;
poor to fair. I.oofa 1.20. Flour quiet;
spring patents, 5.25<a5.50; straights. 4.75 fa
5.00; clears, winter patents.
5.L5<q5.40; straights, 4.50(</ 4.70; clears, 4.25
((7 4.70.
Beef firm: family, Pork
firm; mess. 20.00fa20.75; family, 20.00 fa
21.25. Lard dull; city steam. 10 3 «((/11
middle West spot, 1.10(h 1.13. Tallow firm;
city, in hogsheads, 6%, nominal; country,
in tierces, 5 3
COTTON SEED OIL.
-NF3W YORK, Aug. 27. —Carpenter. Bag
got & Co.: Moderate liquidation in Sep
tember caused a general selling move
ment in the cotton seed oil market this
morning, and while the volume of busi
ness was not large, prices declined 1 to
12 points, near months showing the great
est weakness. The decline in cotton and
lard also had a depressing influence on
sentiment apd cash markets were dull.
Cntton sped o’l quotations;
I Opening. 1 Closing.
.Spotl
Augustl 6.40@8.45 6.20fa6.25
September .... 6.35fa6.36 6.30f//6.31
October6.3B'fi6.4o 6.39'a 6.40
November ....
December .... 6.09(§)6.18 6.13(a6.14
j January6.lodr6.ll | 6.07(h-6.09
i February . ... . 6.1 Oft 6.15 6.08<q 6,12
Closed weak; sales 21.800 barrels.
NEW YORK COFFEE MARKET.
Coffee quotations:
I Opening. | Closing.
Januaryl2.9oft 13.00 12.79 ft 1~2?80
Februaryl2.9oft 13.00 12.85 ft 12.86
March 12.99 12.90 ft 12.91
Aprill3.ooftl3.os 12.96 ft 12.97
May 13.05 13.00 ft 13.01
Junel3.ooft 13.07 1.2.98 ft. 13.00
Ju1y12.98 13.01 ft 13.02
August 12.70
September.'. . . .12.73 13.04 ft 13.06
Octoberl2.7sft 12.80 i3.o4ft 13.06
Novemberl2.Boft 12.90 13.06 ft 13.07
Decemberl2.9ol3.o2ft 13.08
Closed flrm.
BUTTER. POULTRY AND EGGS.
I NEW YORK, Aug. 27. Dressed poul
-1 try, inactive; turkeys, 14ft23; chickens, 15
I ft 25 fowls. 12ft21; ducks, 18ft 18%.
Live poultry, nominal; chickens, prices
■ unsettled.
j Butter, firm; creamery specials. 26* 4 ft
24%; creamery extras. 2aft25%; state
j dairy, tubs, 21 bid; process specials, 214/
:21U.
Eggs, easy; nearby white fancy. 31 ft 32.
nearby brown fancy. 26ft 27. extra firsts,
25ft 26 ; firsts, 21%ft 22%.
Cheese, firm; white milk specials. 16ft
16’,: wholp milk fancy. 15 3 4ftU»: skims
specials. !2%ft13; skims, fine. ll%ftll\;
full skims, 7%ft9* 2 -
LIVE STOCK MARKET.
, CHICAGO, Aug. 27.-Hoes - Receipts,
1 10.000. Market strong: mixed and butch
’ ers. 8.15419.00; good heavy, 8.00(U8.85;
rough heavx. 8 00<q8.20; light. 8 .'lob <)<t
j pigs. 5.504/8.20: hulk. 8.304/8.80.
Cattle Receipts. 4,500. Market slow
. and steady, beeves, 5.854/10.60: <-ows and
heifers. 2.754/ 8.20; stackers and feeders.
4.304 t 7.40; Texans, 5 004/ 6.80; calves, 6.50
4/ 10 00.
Sheep Receipts, 30,000. Sheep strong,
I lambs weak; native and Western, 3.254/
: 4.40; lambs, 4 504t7.00.
Mr. Buslnes ilati or Woman; Aren't
’ you on a sharp lookout for competent help
iof all kinds? You know that It is good
business policy to get live wires with you
Let us call your attention to the "Situa
tions Wanted’’ columns of The Georgian.
Here is where you have a chance to select
the best help that can be had on the mar
ket. These people that advertise can
furnish you the best of references. So.
I from now op read the "Situation Wanted ’
I columns of The Georgia arrive, the help
i that will be of the most service to you.
SPECIAL STGCKS
■H IN DEMAND
Narrow Range of Prices for the
General List —Industrial Is
sues Strong.
By CHARLES W. STORM.
NEW YORK. Aug 27. A better tone'
prevailed in the stock market at the,
opening today and nearly all issues made >
fractional advances with the exception of
Canadian Pacific, which was up 2%. The '
strength in Canadian Pacific here was in
duced by heavy buying in London, based
upon the excellent report of earnings.
Union Pacific was > 2 c higher, selling at
171% Smaller fractional advances were
scored in the copper stocks. Atchison ami
the Hill grofip. United States Steel com
mon was up %. There was a continuation
of the upward tendency in Liggett &
Myers, which sold at 215’2. against 212%
at the close yesterday. P Lorlllard com
mon rose 3% to 197 and American To
bacco gained to 250%, but later lost
this advance.
There was a good deal of covering in
the tobacco stocks in the first fifteen min
utes, which caused the gains.
The curb was steady.
Americans in London were quiet but
firm.
Activity and strength were shown in
nearly all of the Issues and industrials
In the late forenoon. Reading advanced
more than a point and similar gains
were made in Union Pacific, Northern Pa
cific and Great Northern preferred Lig
gett x- Myers was strong. Advancing 2%
to 215%. The Interboro-Metropolltan is
sues were active.
• The market closed strong, governments
unchanged; other bonds firm.
Price movements In the general list
in the late afternoon were comparatively
narrow. Many specialties, however, were
prominent, among them being Mexican
Petroleum, which made a further gain of ■
about 1 point, going to 79. American Beet
Sugar was active also and gained 2 points
t0’74%. An upturn of a point was made
l> Colorado Fuel and Iron, which sold at
.32%. Pittsburg Coal was again in de
mand, moving up 1%.
Stock quotations:
I ILast | (",os. I 'rev
STOCKS—IHighILowJSaIe.I Bid.JCl’s«
Amal Copper. 88%’ 88 '”BB'7 88\ 88'..,
Am. Ice See... 25%! 25% 25% 25 , 25%
Am. Sug. Ret. IL9 ’ 128 (128 * 129% 128
Am. Smelting 88'q 87%' 87% 87% 88%
Am. Locomo.. 46 46 46 45%i 45% (
Am. Car Ftly.. 61%’ 61 : 61%' 61% 60% !
Am. Cot. Oil .. 54%’ 54 % 54% 51', 54
Am. Woolen 30 28% I
Anaconda .... 46% 45% 46 45%’ 45%'
Atchison . ... 109% 108% 109 109% 108'.. i
A. C. L .... 115 % 111 " (
Amer. Can ... 40% 39% 40% 40% 39% I
do, pref. .. 119% 119% .... 119 119’,
Am. Beet Sug. 73 73 75% 75% 72
Am. T. and T 145 144% 145 1 44% 111’,
Am. Agrlcul 59% 59%
Beth. Steel .. 10%’ 40% 40% 40% 40%
B. H. T 92% 91%l 91%| 91%’ 91%
B. and </ .... 107%’107% 107’, 108 107’%
Can. Pacific ..275 272'i'275 276% 271 %
Corn Products 16% 16%: 16’, 16 15%
C. and 0 82% 81% 82% 82% SIU
Consol. Gasl4s% 141 %
Cen. Leather . 29% 29 29% 29% 28% '
Colo. F. and 1. .;3 31% 33 33% 31% ’
Colo. Southern 40% 40%'
1 1 And 11172 172 172 172 171 " ’
Den. and R. G. 22 20% '
Distil. Secur. . 35% 35 35%‘ . 34% !
Erie 37 36% 37 37% 36% !
do. pref 84 % ' 83%
Gen. Electric ’lB3 183 183 183 182%!
Goldfield Cons. . ... .... ....! 3% 3% |
G. Western .... .... 19%’ 19
G. North., pf.:. 140 138% 140 110 138%!
G, North. Ore. 45% 45 45% 45’<, 45'.,
Int. Harvester 121 ’ 121 1
ill. Central ...131 131 131 130'. 130'.
Interboro .... 20% 19% 20% 20 19%
do. pref. . 60% 59%’ 59% 55% 58%
lowa <’entralll (10
K. C. Southern 27% 27
K. and T. ... 29 ' 29 2” 29% ;:8%
do, pref 63 62 %
L. Valley. . . 170'- 169% 17/'% 17”% 1
L. and N.. . . 167% 167 167% 167 ’166% :
Mo Pacific . . .38% 38%’ 38'.. 38% 38'-, ,
N. Y. Central 113% 113% 113% .. .116
Northwest 142 111
Nat. Ix-a<l. . . 60% 60 ■ 60% 60% 59'%
N. and W.. . . 118% 118% 118% 118% 118'.'.
No. Pacific. . . 129 128 128% 129 127%
O. anil W. ... 37 37 37 37', 37
Pennl24 -k 124% 1241, 124% 124-.,
Pacific Mail . 30% 30% 30’% 31% 30'.
P. Gas C0T16% 116%
P. Steel Car. . 38% 38% 38', 38’, 37’’,
Reading. . . . 170% 169% 170% 171 % 169% .
Rock Island . 25% 25% 25% 25% 25
do. pfd.. . . 52 52 ’ 52 51 % 51%
H I. and Steel 28% 28% 28%’ 28'.. 28
do. pfd.. . . !H% 91% 91% 91% 90% |
S.-Sheffield. .1 56 1 56 56 56% . ’
So. Pacific. . . 111% 110% 111% 111% 111
So. Railway . 30’q 30% 30% 30% 30V I
do. pfd.. . . 80%l 80% 80%’ 84% 78L
St. Paul. . . 106% 106' .106’.. 101% 105 : ‘. I
Tenn. Co t ,r 44 43%: 43% 43'. 43”, i
Texas Pacific . 22%’ 22%’ 22-% 22% 22' I
Third Avenue 37%' 37% 37',- 37% 37% -
Union Pacific . 172% 170% 172', 172', 170% ’
U. S. Rubber . 51%. 51%' 51'.,. 51%' 51 % I
Utah Copper . 67% 67 67% 66%’ 66”, :
U. S. Steel . . 74% 73% 74% 74% 73'., ,
do. nfd. . . . 113 V 113”, 113% 113% 113
V. Uhem. . 47% 47-% 471, 47% 47' ~
West Union. . 82 82 82 81 % 81 % 1
Wabash .... 4% 4
do. pfd.. . . 88% 87 1 88 88% 1 87 I
Wis. Central 57 ■ 59 I
W. Maryland , 58% 58% 58% 58% 57
Total sales, 353,791 shares.
STOCK EXCHANGE TO CLOSE
SATURDAY AND MONDAY NEXT
In a special meeting today the hoard of
governors of the N< w York stock ex
change favored the petition to close the
exchange Saturday. August 31. The ex- I
change will also be closed Monday Sep
tember 2 on account of Labor day.
MINING STOCKS.
BOSTON, Aug. 27. -Opening: North
Butte. 34*' 2 ; Giroux, 6; Santa Fe, 3 1-16; j
Shannon, IS%.
METAL MARKET.
NEW YORK. Aug. 27. The tone of the 1
metal market today was generally heavy.
(.’< ppor. spot to October 17.2" ft 17.50, tin
Jfi lOft 46.50, lead 4 60ft 4.75, spelter 7.10 ft
DIRECTORS OF AMERICAN SNUFF
MEET TO DECLARE DIVIDEND
NEW ORLEANS. Aug. 27. Directors of
American Snuff will meet next week and
declare a dividend on the common stock.
Present plans call for a «lisl>ursemrnt of
the regular per cent quarterly divi- 1
/lend and an additional half of 1 per cent,
making 2 per cent in all This does not
mean that the stock has been placed on a
12 per cent basis.
LOCAL STOCKS AND BOND',
Bid. Asked ■
xAtlanta Trust Company ... 117
Atlanta and West Point R. R. 14K 150
American Nat. Bank 220 2?5
.'.tiantie Coal X- Ice common. 101 102 *
Atlantic. Coal & Ice pfd..... nj !t2’ 2
Atlanta Brewing X he C 0... 171
Atlanta National Bank 325 1
Bread Riv. Gran. Corp 25 30
<lo. pfd.7l 71 ’
Central Bank X’ Trust Corp
Exposition Cotton Mills 135
Fourth" National Bank 265 270
Fulton National Bank 127 131 1
Ga. Rv. X Elec, stamped. . .. 126 127
Ga Ry. X- Power Co common 2# 30
do, first pfd 81 85
do. second pfd 44 46
Hillyer Trust Company (See
Atlanta Trust Co. 1
Lowry National Bank 248 250 1
Realty Trust Company 105 I
Southern Ice common 7’)
The Security State Bank .... 115 120
Third National Bark 230 235
Trust Company of Georgia . 245 250
Travelers Bank Trust Co.. 125 126
BONDS.
Atlanta Gas Light 1s 102*2
Broad Riv Gran. Corp. Ist 6s 90 95
Georgia State 4*?s,. 1915, 55.. 101 102
Ga. Ry. X- Elec. Co. 5s 1031V4U i
Ga. R\. X Elec ref 5s 100 Vi 103 ;
Atlanta Consolidated 5s .... 102*2
Atlanta City 3* ? s, 1913 90V 2 91V»
Atlanta 4s. 1920 99U 1
Atlanta City 4Us, 1921 102 103 " i
x—Ex-dividend 10 per cent.
COMMERCE JOURNAL
BEARISH ON OUTLOOK
OF THE COTTON CROP
NEW YORK, Aug. 27 —The Journal
of Commerce, in its condition report on
the growing cotton crop, gives a verj*
good account of Alabama, Mississippi
and Louisiana. The following shows
the thre» mentioned states and the!’
conditions:
Alabama —While conditions are
•omi'what spotted, favorable weather
conditions for the past two or three
weeks havh made marked improvement
since our last report in very many sec
tions. Plants are generally well fruited,
though small. Very few insects are re
ported. with the Aception of cater
pillars in scattered sections. Picking
will be genera! by September 1, but
many districts are two to throe weeks
late and an eariy frost would do con
siderable damage. Labor In insufficient
supf/ly.
Mississippi The plant is generally
small, but strong and well fruited. The
season is fully two to three weeks late,
and tin early frost would do much dam
age. Picking will be general by Sep
tember 1 and there is but little com
plaint of scarcity of labor. With the
exception of a few army wot ms, insects
are doing comparatively little damage.
Some sections have received too much
rain and shedding is reported in scat
tered localities.
Louisiana—('onditions are very spot
ted. Some sections report improvemen*
over a month ago with a plant of fair
size and’good f’uitage. Complaints of
boil weevils and caterpillars are almost
universal, with serious damage in many
districts. Excessive rains have caused
considerable shedding and encouraged
insects. Picking will begin about Sep
tember 15.
THE WEATHER ”
DAILY WEATHER REPORT.
I w'.' 1 .- ' T Up, ■' ■' ’ P,St 27
Highest temperature ' $7
Mean temperature. 7«
Normal temperature
1 lainfa.il in pa 1 24 hoiirs, in( has <1 00
Dpfirienrx since Ist of month, inch* s 0 14
Excess since Januarj Ist. inches itE3!»
REPORTS FROM VARIOUS STATIONS.
><: . ' « Temperature R fall
Stations 1 Wrath. 1 7 i Max. I 24
— !_ ' a - ni - .' May. hours.
Augusta [Cloudy 74 :"7 j
Atlanta '< ’loud v 70 86
\tlantic City, (’lomiy 76 82
Anniston . .. <’lou<|\ go’ <lO 1 i
Boston Pt. eldy. 74 66
Buffalo <’loudy 54 76 I
Charleston . 'Char 82 8.8 1
(’hicago pt ddv. 62 86 I
I >enver Clear 64 94 1 ”* ’
DcsMoines ... (’lear s 60 84 '
Ibiluth pt. eldv 56 f,B
Eastport .... <’loud\ »i 56 60
Galveston Clear 7k mx *44
Helena (’loudy GO 88
Houston ... ("eat 74 •’ti
Huron Clear 54 76
Jacksonville . (’lear 78 90 1
Kansas City.. Clear 70 82 1
Knoxville . .. Cloudv 1 66 84 16
Louisville . ..(’lear‘ | 70 90
Macon iCloudv 1 74 ' '
Memphis <’lear' ' 68 84 ’54
Meridian ... (’loudy 72
Mobile Cloudy 72 88 I 80
Miamipt <«hh> 80 90 '7,0
Montgomery .(’loudy 72 92 5.8
Moorhead . ... (’lear* 52 72
New <)r!(*ans. (’loud' 74 92 11 1
New York . ...’Pt. eldy. ’7 t 88 .06
North Platt€»..(’h>ar 58 86
< >kluhoma ....'(’lear 74 <lB
’’alestine .... (’lear 76 94
Pittsburg .... (’loudy i 62 82 ,ib
P'tland, ( Peg.'(’’loudy 56 68
San Francisco ('lomiy 56 62
St. Louis(’lear 6« 88 1 .02
St. Paul Pt. cldy. 56 74
S, Lake City. Pt. cldy. 66 62 .08
Savannah .... < ’lear 76
a 1 Ingtj n * Houdj 72 90 1.04
C F Von Hi'.’HiuM \\\. Section Director
CONDITIONS.
WASHINGTON. Aug. :;7. There will bp
local rains tonight or Wednesday along
the south Atlantic and gulf coas't states
and the upper lake region. Elsewhere
east of the Mississippi river the weather
will be fair tonight and Wednesday.
Temperatures were lower tonight in
middle Atlantic and New England states
and upper (»hm valley and it will rise to
night ami Wednesday in the upper lake
region.
GENERAL FORECAST.
Following is the forecast until 7 p. m.
Wednesday:
Georgia —Local showers tonight ,or
Wednesday.
Virginia Generally fair tonight and
Wednesday, slightly cooler tonight.
North Carolina Unsettled tonight ami
Wednesday.
South Carolina and Florida -Local
showers tonight or Wednesday.
Alabama and Mississippi Fair in the
northern: local showers in southern por
tions tonight or Wednesday.
Alabama ami Mississippi Probably fair
in the north: local showers in* the south
portion.
Louisiana Unsettled, with showers.
Arkansas, Oklahoma and Texas—Fair.
Read and answer the Want Ads in The
Georgian. A good rule for every individ
ual who reads. Make it your rule and
you will be more prosperous and more
contented.
A Pioneer Bank
Established in ikgs, the At
lanta NATIONAL BANK is the
oldest national bank in the Cotton
States, and one of the strongest and
most influential banking institutions
in the entire South.
T his bank has been constant! v grow
ing in strengtli and efficienev. as well as
in years, its long and successful expe
rience in all branches of conimeruial
banking especially in the selection of
sale investments for its funds —insures
depositors every safeguard and the !>est
of banking service.
N R account is respectfully solicited.
Atlanta National Bank
Assets, Nearly . $10,000,000.00
GM DM ON
SHDRTJMING
Profit-Taking in Early Trading
Causes Decline, But Market
Goes Up Later.
ST. LOUIS CASH QUOTATIONS.
Wheat No. 2 red 10P/2ft105
< °rn ft 79
Oats 32Va
CHICAGO. Aug. 27 —Wheat opened easy
with prices *gft %<• lower. Trade was
light and featureless.
Dorn was easy for the new’ crop and a
shade firmer for September. There was a
good < ash demand.
Oats were steady to a shade easier.
'Trade was small and scattered.
Provisions were slightly lower. Trade
light and without feature.
Wheat closed easy in tone with price?
ranging from * 2 to " H c lower. Weak
cables, bearish foreign news and liberal
receipts were the* main influences. Final
price-, however, showed net gains from
the lowest levels of on September, %
on December and -\c on May. The over
sold condition of the market was probably
the cause of the advance. There was lit
tle news to warrant it.
Corn closed *. 2 to D M c better. The mar
ket displayed a firm tone throughout.
oats were to *. 2 c better. The market
was dull but firm in tone.
Provisions were lower all around. Trade
was fairly large.
CHICAGO GRAIN MARKET.
x Drev.
Wlil^XT 0 Low. Close. Close.
U 1 ” 941 »
J '9' 93% 94% 93 94% 9?%
Maj 96% 98 96% 98 97%
CORN— . .
S<‘|>l. 72% 73%. 72% 73% 72 ( %
I lee. .91 'x 58'.., 51% 55% 54%
5S 5353? ’ s'3?s 5 ' 3?s
Sept. 32 % .32”, 32 32% 32%
l'e<- 33% ;!■;% 33”. 32%
M’”' 3; 35% 31”, 35% 34%
PORK-
spt 17.90 17.02% 17.75 17.80 17.87%
Oct 18.05 18.05 17.92% 17 92% ‘IB.OO
Jan 19.15 19.20 19 07% 19 07%' pi 20
LARD- " 4
Spt 11.00 Hoo 10.92% 10.92% 11 039;
1 •< t 1110 11.12% 11 .00 11 00 'll ,12%
Jan 10.77% 10.77”. 10.72”, 10.72 V. 10.80
RIBS-
Spi 10.95 M. 87”. 10.87% 10.87% 10 9t%
‘"I I' Oo 1| 02L. 10.92% 10 97% 11.00
• bin 10 17” 10.17% 10.12% 10 15 ’ 01.20
ELEVATOR STOCK OF GRAIN.
table shows the elevator
stoel. us grain at Chicago ap to Tuesday,
August 27;
Wheat in Store Public 1.694.000. rle
rri'ase 326,000 bushels: private 3,154,060
increase 130.000 bushels: total last year,
19.737.000 bushels.
Corn Public 5 000. decrease 112,000
bushels: private 368,000. decrease 99.00 C
buslnls. Total las! year 1.773.000 bushels
'kits Public 96.000. increase 20.Q0C
bushels privab 51 1.000, increase 303,000
bushels; last year, total 9.l29.ooo'bushels.
Contraet wheat in store. 1.582,000
against 12.770.000 bushels last .year.
Corn. 4.000 bushels against 760,000 bush
els last year.
oats, 95.000, against 2,962,000 bushels
last year.
LIVERPOOL GRAIN MARKET.
Wheat opened '.,<l to %d lower; at 1:30
P nt. the market was %d lower. Closed
”xd to %d lower.
Corn opened %d to %d lower: at I:3C
p m. was %d lower. Closed %d to %d
lower.
CHICAGO CAR LOTS. „.:
hollowing are receipts for Tuesday and
“stimated receipts for Wednesday:
Wheat 317" 370
Corn 484 ,308
"ats 637 ! 417
1 2—L_2_L_U_L-J_ 10000 ' 26,000
PRIMARY MOVEMENT.
wi, i. yr _. “7 isv>“ , ton
HeceTpts 1,1.37,000 i SOt.OOd
Shipmentsl.6l7,ooo | 535,000
CORN— t | ~
lieceipts 548,000 I ~Siojooft
Shipments . 311,090 610,W
NEW YORK GROCERIES. '” ’
NEW YORK. Aug 27.- -Coffee, steady:
No. 7 Ro spot, 14’h. Rice, steady; domes
tic. ordinary to prime. Molas-
ses. steaßlier; Now • Jrleans, open kettle,
*sf?/50. Sugar, raw. firmer; centrifugal,
4.17; muscovado, 3.67; molasses
3.42; refined, steady; standard granulated.
5.15; cut loaf. 5.1»0; crushed, 5.80; mold A,
5.45; rubes, 5.36; powdered. 5.20; diamond
A. 5.10; confect ion ens \. 4.05; No. 1, 4.05;
No. 2, 4.00; No. 3, 4.85; No. 4. 4.80.
CHICAGO CASH QUOTATIONS.
(’HK’AGO. Aug 27. Wheat--No. 2 red
1.05 ft 1 06. N<> 3 ted !»5ft1.04’ 2 . No. 2 hard
winter 95ft 961 2 . No. 3 hard winter
< ’orn >|o 2 7!Ci f <i B'>’ 4 . No. 2 white’ 81
ftßl* 2 . N<> 2 yellow 80ft80 l 4». No 3
7!‘h. No. 3 white 80 No. 3 yel
low 7!‘’ 2 ftßo. No. 4 79ft79*£, No 4 white
79ft 80. No. 4 yellow 79* 4 .
Oats -N ). 2 32ft 32t 2 . No. 2 white .34
35, No. 3 white 32\. No. 4 white 32ft32J«,
standard 33* 2 ft33\.
15