Atlanta Georgian. (Atlanta, Ga.) 1912-1939, August 28, 1912, EXTRA 2, Page 15, Image 15

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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