Newspaper Page Text
Real Estate For Sale.
gHARP & gOILSTON
SIOO CASH. $25 MONTH,
n 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 I can make.
ORMEWOOD PAR kT
SIX ROO MS, double
floored, stone front, and
a lot that is over 400 feet
deep. This 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 easy terms.
J. L. BOWLES & CO. ,
205 Austell Building (first floor). Phone M. 5534.
IF you 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 he highly appreciated.
IN BATTLE HILL ON ALIXIR AVE.
FOUR 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 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 for 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 Horne 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
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 GEORGIA Executive De
partment.
Atlanta, July 29, 1912.
Whereas, the general assembly at its
session in 1911 proposed an amendment
10 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 me
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 collecting the taxes of the year,”
and by striking the words “two .>undred
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 to strike from para
graph one the 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 by
or on behalf of the state, except to sup
ply such temporary deficit as may exist
in the treasury 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 to 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
submitted for ratification or rejection to
the electors of this state at the next gtn
eral election to be held after publication,
S'-- provided in the second section of this
set in the several election districts of this
state, at which election every person shall
be qualified to vote who is entitled to vote
for members of the general assemble All
persons voting at said election in favor
of adopting the proposed amendment to
Railroad Schedule.
SOLTIIERN RAIL/WAW
“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— [No. Depart To
35 N. Y0rk..5:00 am) 36 N. York. 1215 am
13 Jaxville. 5:20 ami SOCol'bus... 6’Oam
43 Was’ton. 5:25 am 13 Cinci 5 30 am
12 Sh'port.. 6:30 am 32 Ft. Vai.. 5:30 am
23 Jaxville. 6:Boam| 35 B'ham.... 5-45 am
•17 Toccoa... 8:10 am 7 Chat'ga.. 640 am
26 Heflin. .. 8:20 am 12 R’mond.. 6 55 am
29 N. York.lo:3o am 23 K. Citv.. 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. lUOI am
21 Col’bus ,10:50 am 40 Ch’lotte. 12 : 00 n'n
6 Cinci... 11:10am 6 Macon. . 12-" onm
30 B'ham .. 2:30 pm 30 N York.. 2 : 45 nm
40 B'ham. 12:40 pm 15 Chatt'ga. 3 00 nm
39 Ch’lotte. 3:55 pm 39 B’ham .. 4UO pm
5 Macon.. 4:00 pm *lB Toccoa .. 430 nm
37 N. York. 5:00 pm 22 Col’bus... n -10 nm
15 Bruns’k. 7:50 pm 5 Cinci... 5-10 nm
11 R’mond.. 8:30 pm 28 F. Valley 5 : ”0 nm
24 K City. 9:20 pm 25 Heflin.. . 5:45 pm
16 Chatt ga 9:35 pm 10 Macon... 5:30 pm
2»Col’bus. 10:20 pm 44 Wash’n . pm
31 tt. A al. 10:25 pm 24 Jaxville.. 9:30 pm
36 B ham.. 12:00ngt 11 Sh’port.. 11:10 pm
14Cme1... 11:00 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.
All 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 authorizini:
temporary loans," and all perso/.s opposed
to the adoption of said amendment shall
have written or printed on tl'eir badots
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 with
this act be, and the same are, hereby re
pealed.
1 Now. therefore 1. Joseph M Brown
governor of said state, do issue this my
proclamation hereby declaring that the
foregoing proposed amendment to the
constitution is submitted for ratification
■ or rejection 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 Umpire
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 $1,000,000, 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 hotly
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 tfi e
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, enllst
' 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
i at Cedartown, Ga.
THE AT],ANTA GEORGIAN AND NEWS.-
CDTTONDROPSTO
J NEW LOW LEVEL
Southern Hedge Selling and No
Spot Demand Cause of De
cline in Staple.
I
I
NJSW YORK, Aug. 27.—Weak .cables
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
early range. The decline so<»n reached 15
points for the active months with very
little support save scattere . covering by
shorts. At the end of 15 minutes the list
was off 11 to 14 points from the previous
dose. 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 trading began to buy heavily and
through their-aggressiveness prices devel
oped on upward tendency regaining the
early decline in most active positions.
During the afternoon session a renewal
selling wave prevailed on Southern hedge
selling and reports of lower basis of spots
and spipners withdrawing their attention
from the market. This caused a sudden
backward movement and prkes quickly
reacted back 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 5® 14 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 FUTURfS.
I C i r- | I . O' ! .J G>
I s |H hi « h
I o I S I -q y I S.U
Aug. 110.72 |4.0.72i10.65110.72t '10.77~78
Sept. 110.64110.65 10.64 10.65.10.64-66 10.77-78
Oct. 10.92(10.92110.38:10.88)10.88-89(11.01-03
Nov. 1 1 10.94-96 11.06-08
Dec. 111.00 11. 05:10.88 11.00(11.00-01)11.10-11
Jan. 10.91110.94110.77110.88(10.88-89! 10.98-99
Feb. | -io. 96-96(11.04-06
Meh. 11.03 11.06 10.93 11.02 1 1.02-03 11.13-14
May ill.07ill.li: H .00,11.11111.09-10 11.19- 20
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 10A4 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.
Estimated port receipts today 35,000 I
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.
Aug. . . . 6.28 -6.25 6.24 6.21 6.36
Aug.-Sept 6.18>,i-6.16>j, 6.15 6.13 6.27V.’
Sept.-Oct. 6.08 -6.03>4 6,04 6.0214 6.15
Oct.-Nov. 6.03 -6.0014 601 • 5.9914 6.1114
Nov.-Dec. 6.00 -5.9714 6.97 5.9514 6.0714
Dec.-Jan. 6.9914-6.57 5.96 5.95 6.07
Jan.-Feb. 6.00 -5.97 5.97 5.96 6.08
Feb.-Meh. 6.01. -5.9914 6.9714 5.9714 6.0914
Meh.-Apr. 6.03 -6.00 6.00 5.9814 6.1014
Apr.-Maj' 6.04 -6.02 5.9914 6.1114
May-June 6.05 -6 02 6.02 6.0014 6.1214
June-July 5.99 6.12
Closed barely steady.
| RANGE IN NEW ORLEANS FUTURES. ,
ICI4 I - . •
10l « U |3i| y & -
Aug. 11.27(11.27.11.27 11.27 11.22 (11.37-39
Sept. 110.93.10.93 10.93(10.93(10.99 (11.13
Oct. 11.00 11.04 11.90 10.90110.99-00 11.07-08
Nov. 11.01 11.07:11.01'1 1.07 10.99-01 11.08-10
Dec. : 11.04] 11.07(10.92(11.01 111.01-02(11.10-11
Jap. *11.08111.10’10 95 11.05111.01-05 11.13-14
Feb '11.06-08 11.15-17
Meh. ill.20(11.21'11.10(11.17 11.17-18(11.25-26
Apr. ' ‘ . ...I 11.20-22 11.27-29
Ma y 1 1.32,11.32(11 22 11.29 11.27-28 11J15-Jl6
Closed steady.
PORT RECEIPTS.
The following table shows receipts at
the ports today, compared with the same
day last year:
' 1912. T “19117 7
New Orleans. . . . 446 7,409
Galveston 1 31,832 23.272
Mobile 19 146
Savannah 203 4.317
Charleston .... 312
Wilmington . . 101
Norfolk | 38 320
Various ~| 32,538 36,239
INTERIOR MOVEMENT.
| 1912 I 1911.
Houston ' 14,263 I 10.927
Augusta 146 632
Memphis 31 . 250
St. Louis 57 397
<’incinnati 54 60
Total. 4 14.551 i—tl
SPOT COTTON MARKBT.
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 6.45 d.
Augusta, quiet; middling 12%.
Savannah, steady; middling 11%.
Mobile, quiet; middling 11%.
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
occurred generally over the cotton region, I
except that over a large part of southern :
Texas and a small area in east central |
Oklahoma there was no rain. The rain- |
fall was unev« nly distributed, being heavy
in some localities and light in others. I
More than two inches occurred in parts
of northern Texas, southern Louisiana, '
northern Mississippi, southern Alabama, 1
north Florida, Georgia and the (’arollnas!
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 tom- 1
pcratures 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
the cotton growing states. The lowest ■
weekly mean temperature. 72. occurred at i
Asheville. N. <’ . and the highest, 88 at |
Abilene, Fort Worth and Del Rio, Texas. ;
It's like getting money from home, for ;
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 !
small ads. It’s a good sign that If the peo
ple did not ger 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 be astonished hoW many of
them mean money to you. Th* Want Ad
1 pages are bargain counters In every line.
The ads are so conveniently arranged that |
they . i an be picked out very easy.
I *
I NEWS ANDGOSSIP,
Os the Fleecy Staple
NEW YORK, Aug. 27.--Carpenter, Rag
got & Co.: Weld’s estimate is 79 un
August 25, against 81.7 last month, show
ing ,a decline of 2.7 for the month. Weld
& Co. say this foreshadows a government
report around 73.7.
Browne. Drakeford & Co., Liverpool,
cable: “The market has declined in eon
' 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
force prices lower today Orvis, Lehman
and Rosenberg bought. Schill. Gifford,
' Parrott and Hanneman sold January.
. Hubbard, Mitchell. Watkins. Marsh and
' Flinn bought October. Schill, Schlev,
Rothschild and Geer sold Mitchell.
Shearson and Hicks bought December.
Schill. McElroy, Hubbard and Rothschild
1 sold.
; McFadden. Cone and other spot inter
ests were good sellers up to noon. The
\\ aldorf brokers and ring speculators :
were good buyers. The decline was
caused by general wave of ring selling
There was a good lot of the selling
this morning. Looks to be short lines |
being put out again by those who cov
ered at a higher price.
Following are 11 a m. bids: October
10.88, December 11c, January 10.88. March
11.02.
NEW ORLEANS. Aug. 27. Hayward &
Clark: The weather map shows fair in i
east Texas, Oklahoma. Arkansas and
Tennessee; cloudy in west Texas and
rest of the belt. Some rain in southeast
Texas. General rain in central and east
ern states, just what was needed. Some
fine 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 mofe
been eliminated.
Liverpool cables: “Expert further de
cline.'
Reported here that Pell & Co. are now
advising purchases.
Liverpool cables: “Market steadier for
the moment, but still broadly lowel.”
Houston wires: “Interior again easier.
Look for pressure from accumulating cot
ton: demand disappointing"
The New Orleans Times! )emocrat says:
Monday's decline surprised both factions,
but changed nobody's views, as almost
everybody is bearish. Two influences
were at wtork. Europe was not Inclined
to buy for forward delivery in an unset
tled market 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.
Or course there has been plenty of talk
about crop Improvement in such states
as Georgia, Mississippi and Oklahoma.
All of w'hich 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
|in selling ahead against forward nur
• chases in the interior than some of tnem
I have shown so far.
i Estimated receipts Wednesday:
| New Orleans 700 to 900 2.637
Galveston 13,000 to 14,500 16,876
| COTTON MARKET OPINIONS.
Thompson, Towle & Co.; “We under
stand American spinners are likely to be
good buyers and the total visible supply
is bought so largely in excess of last year
as to encourage a holding back of this
demand.”
Bailey & Montgomery: “The fact is
that while most people are bearish the
short interest may be quite larg»‘.. and
this may make further selling risky."
Stemberger, Sinn << Co.: “We would
be cautious about buying and then only
on good sharp breaks, and would again
take advantage of any rally to sell on."
Miller & Co.. “Do not follow this de
cline.”
J S. Bathe & Co.: “We would delay
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 steadj ;
September, 1.02% 1.02%; spot, No. 2 red,
1.07, in elevator, and 1.07 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@72, c. 1. f Buffalo.
Hay strong; good to prime, l.lOfo 1.40, |
poor to fair, l.OOfq 1.20. Flour quiet;
spring patents, 5 25<05.50; straights, 4.75<<i
5.00; clears, winter patents, ;
straights. dears, 4 25
<(14.70.
Beef firm; family. Pork
firm; mess. 20.006i20.75; family, 20.006 i
21.25. Lard dull; city steam, 10%®l1;
middle West spot, 1.106(1.13. Tallow firm;
city, in hogsheads, 6%, nominal; country,
in tierces,
COTTON SEED OIL.
NEW 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 w'hile the volume of busi
ness was not large, prices declined 1 to
12 points, near months showing the great - i
est weakness. 'Hie decline in cotton and
lard also had a depressing influence on
sentiment and cash markets were dull.
rnt ton seed oil guotatl on s:
Spot I | 6.35(<z 6.40”
August ... .1 6.40(a6.45 6.206(6.25
September .... 6.356/6.36 I
October ..... 6.386/ 6.40 6.396/ 6.40
November .... 6.156/6.18
December .... 6. 14
January 6.106/6.11
February . . . . 6.101/6.15 ' 6.086/6.12
Closed w’eak: sales 21,800 barrels K
NEW YORK COFFEE MARKET.
Co ffee <i u ota 11 on s:
I Opening. | Closing. ~
January 12.906? 13.00'12.7967 1 '
February 12.906/ 13.00 12.856/ 12.86 i
March 12.99 12 90® 12 91
April
May 13.05 13.00® 13.01 !
June 13.006/13.07 12.986/ 13.0 V '
July 12.98 ; 13.016/ 13.02
August 12.70
September 12.73 13.046/13.06
October 12.75® 12.80 13.046/ 13.06 j
November. .... 12.806/ 12.90 13 066/ 1it.07 '
D< ...12 9<i IXO2® 13.08
Closed firm
BUTTER. POULTRY AND EGGS.
NEW YORK, Aug. 27. Dressed poul
try. inactive; turkeys, .146/ 23; chickens. 15
6/25 fowls, 126/21; ducks, 186/18%.
Liv* 5 poultry, nominal, chickens, prices
; unsettled. •
Butter, firm; creamery specials, 26%
24%; creamery extras, 256/25%, state
I dairy, tubs, 21 bid; process specials. 246/
; 24%.
Eggs, easy: nearby white fancy. 316/32: [
nearby brown fancy. 266/ 27. extra firsts, *
I 256/26; firsts. 21%®22%.
1 Cheese, firm: white milk specials, 166/
16%; whole milk fancy, 16% 6/ 16. skims,'
I specials, 12%®13; skims, fine, 11 '</•! 1 q '
full skims, 7%6/ 9%.
LIVE STOCK MARKET.
CHICAGO. Aug. 27. Hoks Iteeelpts,
I 10,000. Market strong; mixed anil butch
ers, good heavy, 8.00I&8.85;
(rough heavy, 8.00(1(8.20. light. B.SOI/ U.O<t;
(pigs. 5 50’1/8 20: bulk. 8.30et8.80
I Cattle —Receipts, 4,500. Market slow
land steady, beeves, 5.85(b 10.80: * <»ws and
heifers. 2.754/8.20; stockers anil feeders,
' ■t.3o’</7.40: Texans, 5.004/6 80; calves, /; 5v
ra 10.00
I Sheep Receipts. 30,000. Sheep strong,
'lambs weak, native and Western. 3.25’u
(4 40; lambs, 4 50417 00
Mr Buslnu oi Aren't
' you on a sharp lookout for competent help I
|of all kinds? You know that It is goo-1 I
business policy to get live wires with you |
Let us nail your attention to the "Situa
tions Wanted” columns of The Georgian
H-re 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.
from now on read the "Situation Wanted"
I columns of The Georgia and get the help
that will be of the most service to you.
SPECIAL STOCKS
MUCH IN DEI,ND
Narrow Range of Prices for the
General List—lndustrial Is
sues Strong.
By CHARLES W. STORM.
NEW YORK, Aug 27. A better tone
prevailed in the stock market at the
opening today and neatly all Issues made
fractional advances with the exception of
Canadian Pacific, which was up 2L The
(strength in Canadian Pacific here was in
duced by heavy buying in London, based
upon the excellent report of earnings.
_l nion Pacific was ',c higher, selling at
171’/,. Smaller fractional advances were
scored in the Copper stocks. Atchison and
the Hill group. United States Steel com
mon was up %. There was a continuation
of the upward tendency in Liggett &
Myers, which sold at 21544, against 21:’ \
at the close yesterday. P Lorillard eotn
! mon rose 3M, to 497 and American To
bacco gained tto 2501t>. 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 21514. The Interboro-Metropolitan is
sues were active.
The market closed strong; governments
unchanged; other bonds firm.
Price movements in the general list
in the late afternoon were comi/aratively
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
to 74%. An upturn of a point was made
by Colorado Fuel and Iron, which sold at
32%. Pittsburg Coal was again in de
mand, moving up 11,.I 1 ,.
Stoek quotations:
I I ILastlClos. IPrev
__STOCKS- IHighlLowJSaleJ BldJCVsa
Amal. Copper S- K 88 88', SB-, ‘BB'.,
Ant. Ice Sec... 25’4 25%: 25% 35 25%
Am. Sug. Ref. 129 ‘ 128 " 128 129% 128
Am. Smelting 88% 87%l 87% 87% 88 : ' 4
Am. i.ocomo.. 4/', 45 46 45'., 45%
Am. Car Fdv.. 61-\ 61 61 \ 61 \ i'.t>%
Am i'ot. oil 54% 54% 54% 7,1% 54
Am. Woolen .. .... '3O (28%
Anaconda .... 46% 45% 16 45% 45%
Atchison 1Q9%:1O8% 109 10'./% 108'..
A. C. Lt ......... ........ 145% 144
Amer. Can ... 10% 39%, 4O'. 8 ( 40'4' 39%
do. prof . . I19%11!O, . . Du 419%
\m. Beet Sug 73 73 75% 75% 72
Am. T. and T. 145 144% 145 114% 144%
Am Agrlcul 59%' 59'..
Beth. Steel 40%, 40% 40% 40% 40%
B. R. T 92% 1 91 % 91%! 91 % 91
B. and O '107% 107% !07%1108 107%
Can. Pacific .. 275 272%|275 276% 271%
Corn Products 16%( 16% 16% 16 15%
C. and 0 83% 81% 82%l 83% 81
Consol. Gas 145% 141%
Cen. Leather . 29% 29 29%■ 29%' 28%
Colo. F and I. 33 31% 33 ::2% 3]%
Colo. Southern . . 40'.. 40'<.
D. and 11 172 172 172 172 " 171
Den. and R. GJ 32 20%
Distil. Secur. 35% 35 35't 34%
Erie ....' 37 ‘36% 37 37% 36%
do, pref 84% 83%
Gen. Electric 183 183 183 183 182%
Goldfield Cons . . 3% 3%
G. Western 19% I lit
G. North., pf.: 140 1 38% 140 140 138%,
G. North. Ore. 45% 45 45% 15% 45%
int. Harvester .... 121 121
111. Central ... 131 131 131 130% 130’..
Interboro ... 20% 19% 20% 20 19%
do. pref . 60'.;: 59%| 5'.>% 55%: 58%
lowa Central . I 11 in
K. C. Southern 27% 27
K. ami T. ... 29 2!' ' 29 29% yB%
do? pref 63 62%
L. X’allev. . . 170%-169% 170% 170% li;i.- H
L. and N.. . . 167% 167 16?% 117 166%
Mo. Pacific . . 38% 38% 38% 38% 38%
N V Central 113%'113% 413% 116
Northwest 142 141
Nat. Lead. . . 60% 60 60% 60', 59'..
N. and W . . 118% 118% 118 4 H18% 118'
No. Pacific. . . 129 128 128% I2'.< 127%
<>. and W. ... 37 37 37 37'., 37
I Penn 124% 124% 124% 124% 124%
I Pacific Mail 30% 30% 30% 31 30%
| P. Gas Co .... 116% 11616
IP. Steel Car. . 38% 38% 38% 38', 37%
Heading. . . 170%!1.6ft% 170% 171'% 16'j%
Roek Island 25% 25".,' 25% 25% 25
do. pfd . .52 52 ' 52 51% 51%
R. I. ami Steel 28% 28% 28% 28% 28
do. pfd.... 91 91 %191 % 91 1 , HOU,
S. -Sheffield. J 56 ! 56 1 56 56%
So. Pacific. . . 111% 110% 111% 111% 111
So. Railwax . 30% 30% 30", 30% 30'..
do. pfd . . 80% 80% 80% 84% 78%
St. Paul . 106%1106', 106% 10 ; : ' H TOS".,
•Cenn. Co) ~| 44 43% I 43% 43%' 43%
Texas Pacific 22%' 22% 22% 22% 22'-
Thinl Avenue 37%' 37% 37'., 37% 37%
Union Pacific . 172'4'170% 172';, 172% 170’ H
U S Rubber . 51% 51% 51% 51%. 51%
Utah Coppet .' 67% 67 67% 66% 66%
U. S. Steel . . 74%" 73% 74% 74% 73 %
do. nfd.. . . 113% 113% 113% 113% 113
V-C Chem. 47% 17 s , 47% 47% 47'6
West. Union. . 82 82 82 81-.. 81%
Wabash .... 4'4' 4
do. pfd . . . 88% 87 88 88% 87
Wis. Central. . ......... 57 59
W. Maryland . 58% 58 1 4 58', 58% 57
Total sales. 358,794 shares.
STOCK EXCHANGE TO CLOSE
SATURDAY AND MONDAY NEXT
In a special meeting today the board of
governors of the New York stock ex
change favored the petition to close the
exchange Saturday. August 31 The ex
change will also be closed Monday Sep
tember 2 on account of Labor day.
MINING STOCKS.
BOSTON. Aug. 27 Opening North
Butte. 34%. Giroux, 6. Santa Fe. 3 1-16;
j Shannon. 16%.
METAL MARKET.
NEW YORK. Aug. 27. The tone of the
j metal market today was g«*neru!l.\ heavy.
[Copper, spot to October 17.25® 17.50. tin
16.10® 46.50, lead 4.60® 4.75. spelter 7 JO'u
7 25
DIRECTORS OF AMERICAN SNUFF
MEET TO DECLARE DIVIDEND
NEW ORLEANS. Aug 27. Directors of
American Snuff will meet next week and
i declare a dividend on the common stock.
I‘resent plans call for a /lishursement of
the regular per rent quarterly divi
dend an<l an additional half of 1 per cent,
making 2 per cent In all. Thia does not
mean that the stock has been placed on a
■ 12 per cent basis.
LOCAL STOCKS AND BONDS.
Bid. ‘Asked
xAtlanta Trust Company. 117 120
j a tlanta and West Point R. R. ]4B ■SO
American Nat Bank 220 2?5
1 Atlantic Coal & H e common 101 102
l .Atlantic Coal At Ice pfd '.♦! ’,x»
| Atlanta Brewing AL- heCo . 171
| Atlanta National Bank 325
Broad Riv. Gran Corp. . 25 30
do. pfd 71 74
I Central Bank ,<• Trust Corp . . 147
I Exposition Cotton Mills 165
Fourth National Bunk 265 270
Fulton National Bank .. . 127 l.’ll
Ga. Ry. Az Elec, stamped. . 126 127
Ga Ry A- Power Co common 28 30
do. first pfd 81 85
do. second pfd 4i 4»;
Hillyer Trust Company (See
A tla nta Trust < ’•».»
Lowr> National Bank 24X 250
Realty Trust Company 10() 105
I Southern Ice oonnnon .... 68 70
The Security State Bank ... 115 120
Third National Bark 230 235
Trust Company of Georgia 245 250
Travelers Bank A- Trust Co.. 125 126
BONDS.
I Atlanta Gas Light Is. 102■
Broad Riv Gran Corp Ist 6s '.<o 95
Georgia State 4*/>s. l'H5. ss. 101 102
Ga. Ry. & Elec Co 5s 103 U 104%
Ga. Ry Elec ref 5s . 100 U ' 103
Atlanta Consolidated Hr .... 102 l ,a
Atlanta C|ty 3’.s, 1913 90’J 91i 2 l
Atlanta 4s. 1920 99V. '
Atlanta city t’/.s. 1921 . 102 103 ” .
x Ex-dividend 10 per cent.
COMMERCE JOURNAL
BEARISH ON OUTLOOK
OF THE COTTON CROP
NEW YORK, Aug 27 -The Journal I
' of Commerce, in its condition report on
| the growing cotton crop, gives a very
i good account of Alabama. Mississippi
■and I.ouislana. The following shows
I the throe mentioned states anil thei:
! j conditions:
Alabama—While conditions are
somewhat spotted, favorable weather
(conditions for the past two or three
. weeks have made marked improvement
sfnee our last report in very many sec
jtlons. Plants are generally well, ft uited,
(though small. Very few insects are re
(' portqd. with the exception of cater-
! pillars in scattered sections Picking t
( will be genera! by September 1. but '
.many districts are two to three weeks
Hate and an early frost would do con- ’
I stilerable damage Labor In Insufficient 1
i supply. ,
I Mississippi-The plant Is generally :
Ismail, but strong and well fruited. The
j season Is fully two to three w eeks late.
and an early frost w ould do much dam
i 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 worms, insects 1
I are doing comparatively little damage. I
| Some section- have received too much '
rain and shedding is reported in scat-
i I tered localities
[i Louisiana -Conditions are very spot-
I ted. Some sections report improvement
over a month ago with a plant of fair
size and good f’ultage Complaints of
boll weevils and caterpillars are almost
universal, with serious damage in many
I districts Excessive rains have caused
' considerable shedding and encouraged ;
L , Insects. Picking w ill begin about Scp
’ , ti nihi-r 1...
I
WEATfiER - ’’
DAILY WEATHER REPORT. I
ATI \NT \. GA., Tuftaday, August 27 (
Lowest temperature. ■
i i Highest temperature x" '
J Mean temperature. . ... 76
i Normal temperature. 75
Rainfall in past 24 hours. Inches. 0 Ou ;
Deficiency since Ist of month, indie* 0 14
: I Excess since January Ist. inches. 16
REPORTS FROM VARIOUS STATIONS.
Q, nf : z I femperature iffaii
Stations - Weath. I 7 Max. I 24
j ' a. in. ly’day.jhours.
’ Augusta it’ltiudv 74 I 7 “
Atlanta |(’loudv 70 86 <
| Atlantic ( ’Hy. <’l<»u<ly ' 76 82
j Anniston . ..a’loudv 66 *>o ji
; Boston !»t. ckly. 74 66
Buffalo Ulou/lv 54 76 I
I Charleston . . '('b ar - 82 88 |
; Chicago .. . Pt. driv 62 «86 I
{Denver .. Clear 64 94 I
I’cs.Moines . Clear 60 84 »
Duluth . Pt. dd\ 56 68
[Eastport .. . . (’lotnly 56 60
• la! vest • in . It Hea r 78 88 41
! Helena < 'loudy 60 88
Houston . . (’ie;ir 74 1 '»a
Huron Clear 54 76 *
Jacksonville .'Clear 78 90 |
Kansas City.. (Hear ■ 70 82
Knoxville .... (’loudy 66 84 .16
Louisville . (’lear ' 70 90 ''
Macon (’loudv 74
’ Memphis y (Hear 68 84 54
Meridian ....(’loudy 72 .32 I
Mobile (’loudv 72 88 1 80
| Miami Pt.chlv 80 : 90 50
Montgomery .(’loudv 72 92 .58
Moorhead ..(’lea/ 52 72
New Orleans. Cloudy 74 92 i 14
New York . . pt. ddy 74 .88 J)6
North f’latte.’Clear 58 86
< (klahoma .. < ’lear 74 98
I ‘alestinc . Clear 76 94
Pittsburg . . f’loudy 62 82 .10
P'tland. ( >i*vg. (’loud \ 56 68
San Francisco (’loueb 56 62
St. Louis. . ..(’lear 66 88 02 '
St Paul ... 'Pt. cldj 56 74
S. Lake City. pt. eldy 66 62 08
Savannah . Clear 76
Washington ('loudy 1 72 90 1.04
(■ 1* \ •»/> 111 ,!: 1:m \x. Section Director
CONDITIONS.
WASHINGT( »N. Aug 2". ’l’here will be 1
local rains tonight or Wednesday along
[the south Atlantic and gulf coast stales
and the upper lake region. Elsewhere* ;
east of the Mississippi ri\«*r the weather
will be fair tonight and Wednesday
Temperatures were lower tonight in
middle Atlantic and New England states
and upper Ohio valley and it will rise to
night and Wednesday In the upper lake
region.
GENERAL FORECAST.
Following is the forecast until 7 p m. !
>\Vcdnesda>:
Georgia Local showers toliight or
Wednesday.
Virginia Generali'. fair tonight and 1
Wednesday; slightly cooler tonight.
North Carolina Unsettled tonight and
Wednesday.
South Carolina and Florida Local
showers tonight or Wednesday.
i Alabama and Mississippi Fair In the
northern; local showers in southern por
tions tonight <»r Wednesday.
Alabama and 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 indlvid
1 uai who reads. Make it your rule and
you will be more prosperous and more
contented. i
I
A Pioneer Bank
Established in in;.-), 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.
This bank has been constantly grow
ing in strength and efficiency, as well as
in years. Ils long and successful expe
rience in all branches of commercial
banking especially in the selection of
safe investments for its funds —insures
depositors every safeguard and the best
f of banking service.
YOER account is respectfully solicited.
Atlanta National Bank
Assets, Nearly . $10,000,000.00
a s —— _ t
»IDER ON
SHORTCOVERING
Profit-Taking in Early Trading
Causes Decline. But Market
Goes Up Later.
ST. LOUIS CASH QUOTATIONS.
Wheat No. 2 red 10m®105
Corn
Oats
CHICAGO, Aug. 27 Wheat opened easy
with prices ’«®%c lower. Trade was
light and featureless.
Corn was easy for the new’ crop and a
shade firmer for September. There was a
good cash demand.
('ats were steady to a shade easier.
Trade was small and scattered.
Provisions were slightly lower. Trade
was light and without feature.
Whe.it closed easy in tone with prices
ranging from to 7 s<c low’er. Weak
cables, bearish foreign news and liberal
receipts were the main influences. Final
prices, however, showed net gains from
the lowest levels of \ 2 c on September, "x
on December and qc 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 U to lb<c better. The mar
ket displayed a firm tone throughout.
Oats were T* to better. The market
was dull but firm in tone.
Provisions were lower all around. Trade
was fairly large.
CHICAGO GRAIN MARKET.
Prev.
open High. Low Close. Ciose.
WHEAT—
Sept 93-\ 94>2
Dec 931/;, 94% 93 94% 93%
May 96 7 m 98 96% 98 97’1
CORN -
Sept: 72\ 73V_. 72H
Dec. 54% r>Bl j .)455 Vg 54%
Max 5.3% 53 “ H 53 53% 53%
OATS -
Sept. 32 ’ H 32 \ 32 32% 32 <4
32 \ 33% 32 \ 33% 32%
May 31-4 35% 34% 35% 34%
I’ORK
Spt 17.90 17.02*2 17.75 17.80 17.87%
Oct 18.05 18.05 17.92% 17.92% 18.00
Jan 19 15 19.20 19.07% 19.07% 19.20
LARI) -
Spt 11.00 11 00 10.92% 10.92% 11.02%
Oct 11 10 11.12% 11.00 " 11.00 " 11.12%
Jan 10.77% 10.77% 10.72 U 10.72% 10.80
RIBS—
Spi 10.95 10.87% 10.87% 10.87% 10.97%
Oct 11.00 11.02% 10.92% 10.97% 11.00
Jan 10.17% 10.17% 10.12% 10.15 " 01.20
ELEVATOR STOCK OF GRAIN.
Following table shows the elevator
stock of grain at Chicago up to Tuesday.
August 27:
Wheat in Store Public 1.694,000. de
crease 326,000 bushels; private 3.154,000
increase 130.000 bushels; total last year,
19,737.000 bushels.
Corn Public 5,000. decrease 112.000
bushels private 368,000. decrease 99,006
bushtls. Total last year 1.773.000 bushels.
Oats Public . 96.<>00, increase 20,006
bushels, private 514.000, increase 303,000
bushel*', hist year, total 9,129,000 bushels.
Contract wheat in store. 1.682,000
against 12,770.000 bushels last year.
Corn. 4.000 bushels against 760.000 bush
els last year.
• ui»s. 95,000, against 2.962,000 bushels
last year.
LIVERPOOL GRAIN MARKET.
Wheat opened %d to a K d lower; at 1:30
p m. the market was %d lower. Closed
I '%d to 7 M d lower.
Corn oyencil %d to %d lower; at 1:36
P m was I <l l<,wer Closed %d to %d
lower
CHICAGO CAR LOTS.
Following are receipts for Tuesday and
2_i l ’’<*cripts for Wednesday:
iTuesday. Wedn’sday'
Wheat | 317 | 370
(Corn 484 308
oats ... . . . . . 637 [ 417
Hogs
PRIMARY MOVEMENT.
-
WH » AT - < IM? IMI
11( <• eipt s 1~37.000 '[llßo6,ooo’
Shipments 1,617,000 ! 535,000
—j r— j
Receipts 7. .... 548,000 I 856,000
Shipments . . __311.000 1 610JMJO
NEW YORK GROCERIES.
NEW YORK. Aug. 27 Coffee, steady;
No 7 Ro spot. 14%. Rice, steady; domes
tic, ordinary to prime, t%'i/5'L Molas
si’H. steadier; New Orleans, open kettle,
15<«/5O Sugar, raw. firmer; centrifugal,
4.17. muscovado, 3.67; molasses sugar,
3 42. refined, steady, standard granulated,
5 15, cut loaf. 5.90; crushed, 5.80; mold A,
5.45; cubes, 5.36; powdered. 5.20; diamond
A, 5.10; confertieners A. 4.95; No. 1, 4.95;
No. 2. I 90; No. 3. 4.85; No. 4. 4.80.
CHICAGO CASH QUOTATIONS.
CHICAGO. Aug 27 Wheat No. 2 red
1 05® 10:. N<. 3 /e.-l 95®1.04> 2 . No. 2 hard
winter 95®%%. No. 3 hard winter 93%®
95.
(’<>rn No 2 79\®80%. No. 2 whit? 81
®B|%. No 2 yellow 80® 80%, No. 3 79%®.
79’;. No. 3 white 80%®81%, No. 3 yel
low 79%® 80. No. 4 79®79%, No. 4 white
79%®80, No 4 yellow 79%.
(hats N » 2 32® 32% No. 2 white 34%®?
35. No. 3 white 32%. No. 4 white 32®32%,
standard 33%6-/33%
15