Atlanta Georgian. (Atlanta, Ga.) 1912-1939, September 11, 1912, HOME, Image 15

Atlanta Georgian., September 11, 1912, HOME, Page 15, Image 15

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Newspaper Page TextReal Estate For Sale. OHARP & g OYLSTON ANSLEY PARK. V E HAVE just had listed with us ' •wo new modern homes in Ansley! Perk. These are modern, convenient t ., car line, have furnace and every I convenience needed to make "a nice ! home. We can sell these on terras. M DANIEL STREET. WE HAVE a proposition on this street i that will make some one a. good in vestment: lot runs through to another, e'reet. and we can sell this as a whole | or we can divide it so that you won't have to carry a vacant lot with your I investment: something good here. ORME WOOD PARK. WE HAVE a vacant lot in this beauti ful section that we can sell for $759. This lot has a chert cd street in front and just listen, it is 70 feet front and runs back 260 feet. This sounds mighty cheap to us. SUBURBAN HOME. A BEAUTIFUL stone front 6-room ■ ottage of six rooms, on a lot 64x 41V Owner will sell cheap, and wants !■> sell at once. fM GOSSIP IN MONEY MARTS It Will Take a Lot of Wheat and Cotton to Repay Europe $150,000,000. By B. C. FORBES. NEW YORK. Sept. 11.—New York has borrowed about $150,000,000 in Europe, mostly in London. So dead has speculation been on the stock exchange that the absence of fail ures is occasioning surprise. A decisive movement in quotations one way or an other would, it is believed, bring a num ber of crashes. Several weak spots In the local bank inn situation have been discovered of late, bin remedial measures have been quietly applied, with, it is declared, successful results. Hearer monel is Inevitable x boom in stocks consequent!.* is not looked for. • • * The<e are some gleanings from inside sources. The.' will nor excite enthusiasm. But publication of them may do some good, and can not do harm It is al ways best to know the truth. • • • I liar our bankers have levied so heavi I.' upon European resources at a time when stock exchange demands are at a minimum, u hen agricultural requirements ave not begun in earnest, and when the ■otation of new securities is at the lowest In years, is not comforting. TTe • ’ >ast has been made that New York and ’‘hicago have supplemented France as the ■ pen purse for German borrowers. It is ue that Berlin did draw freely upon 1 ' c< <ntry earlier in the 'ear. but since • repayment has been made. The ac '‘cjni (idav is pretty nearly squared. • « • 1 will take a lot of wheat and not a le cotton to liquidate a bill of $150,- <•00.000. ♦ • ♦ ' onfidence is expressed that we will be ble to import gold from Europe. We "<>' But present indications are that we w l! ‘ not - The careful, responsible gov ernors of the Bank of England do not themselves and all other business in ■rest an extra 1 per cent without solid i-ason. When they marked up *the offi- • al discount rate to 4 per cent they no ' tied the United States in effect that a ! ait must be called in depleting London s resources. Rather than part with gold against the wishes of the banking author ities. England may return American se curities to meet shipments of commodi ties. The latest returns show that we are importing more merchandise than we are exporting, although the balance will Le turned by cotton before long. Bonds are in a bad way. None can.be ate*,. Instead, the market is being 1 hoked by offerings of banking holdings, institutions need cash, and they can do better by selling bonds and lending out ne proceeds than by retaining their hold ings. * * • speculation is deader than two door ’ ails one commission house, which pays ’ pward of SLO,OOO for a private wire, has ’ •’ received <»NE ORDER over it in two '’•eek«. How many other firms are suf- > ng a similar strain upon their capi ’**• *s a miracle that no shades have f mi to be pulled down. The hope is tenaciously adhered to that activity will ‘ -me along. But it does not appear. Cur rent trading is largely the matching of " i,s b\ professional operators on the ° or I’he public is doing nothing either n stocks or bonds. Inveterate bulls may a!n * that the market is really quite ani mated, and they can point to spectacu lar rises in certain. stocks. But the un derlylng conditions are as here described. 1 tst how much house-cleaning has had ’ • be done among New York banking in- will not become public. The panic did not eliminate all danger spms During the current year a lot of patching has been going on Had mone ••ry stringency been encountered a dis- • rent tale would have come to light. 1 f 'Ui what can be gathered from the ‘ ' channels, the position now is sounder ’■ *n it has been In years sounder, per -1 aps. than ever before. New York today 1 ,-spsses proper machinery for ascertain* ’ g the actual state of the banks and ■ ’ companies, and this machine!' has °cn doing yeoman work in a quiet unob- tr isive way liner wrecked by gale OFF WEST AFRICA COAST 'IoNRoVIA, LIBERIA. Sept. II H.ttnburg-American liner Kime- .. i»< '■ ,i ports on the *ve»i coast vi >. ■ iieen «l i cker iff Liberia ' dlipa'ch IO LMjd- sa*f- •••••••••••••••••••••••••• : American Is 180th • Victim of Aviation • • GREENE, N. Y.. Sept. IL— • • Death claimed the one hundred • • and eightieth victim of aviation • • today when Aviator William • • Chambers, of Danbury. Conn., died • • as the result of injuries he re- • • ceived last week in an exhibition • • flight here • • An operation performed in an • • attempt to save his life was in • • vain. Chambers was 30 years old. • SGHDDLTOTRAIN NEGRO SE RVANTS Colored Institute Head Urges Atlanta Housewives to Send Employees to Classes. Richard D. Stinson, principal of the Atlanta Normal and Industrial insti tute. a negro school in northwest At lanta, in an appeal issued today, urged the white housewives of Atlanta to send their cooks and maids to the school for a part of their time eech day. The school opens September 25 for the fall term, and will have pupils from five states besides Georgia. Most of the students, however, are from At lanta. All of them are required to learn some trade besides taking up the study of books. "1 hope my white friends who employ our people will urge them to give some time to this school, which has the one object of giving dignity to work and helping the employee to understand • at working with the hands means, ad that it has no disgrace attached to it." says the principal in a circular ad vertising the fall opening. All the phases of domestic service, in cluding cooking, laundering, plain sew ing and sanitation, are taught the pu pils, who are being trained to become capable domestic servants. Girls Say Their False Testimony Sent Man' To Pen; Get Him Freed Conscience Stricken Young Wom en Tell Governor They Per jured Themselves. Montgomery, ala.. Sept, .it.—Two conscience stricken young girls have caused .1. M. Holford, a Butler county white man, to regain his liberty, after being In the penitentiary since the spring of 1907. He was sent to serve twenty years for second degree murder and his conviction was based largely on the testi mony of the girls who now admit they perjured themselves on the stand because of fear. The girls filed affidavits with the gov ernor declaring their evidence at the trial false and wishing now to correct it. Governor O'Neal at once issued a parole for Holford. Clemency was recommended by the trial judge and the solicitor. No action will be taken against the girls. Popular Song Reveals Pact of Couple to Die; Shoots Girl and Self “Let’s Forget We Ever Met,’’ Said Ballad—Woman Dead; Man Dying. BOSTON, Sept. 11.—A death pact is believed by the police to be behind the killing of Miss Mabel Clayton at the Preble house early today by Frank E. Ogilvie, of Melrose, who afterward shot himself in the right temple. The young woman died at the relief hospital within half an hour from a bullet wound in the head. Ogilvie died before noon today. Some sheet music, containing the song. "Let's Eorget We Ever Met," which was found in the hotel room, strengthens the theory the couple had resolved to die together. The song was open at the last verse, where a line reads: "Until we say good-bye." Two seats for a Boston theater were found. Apparently the two had resolved to spend their last hours on earth as happily as possible. From the theater, it is believed, they went to the hotel, where Ogilvie registered shortly after midnight. BUTTER, poultry and eggs. NEW YORK, Sept. 11.-- Dressed poultry active, turkeys 14026. chickens 140:25, fowls 1.3021, ducks 180 18E. Live poultry active; chickens 19®20. fowls 18 bld. turkeys 15 asked, roosters 12 asked, ducks 14015. geese 12 asked. Butter steady; creamer! specials 27® 28, ereamerv ex'ras 28 5 ,®29. state dairy (tubs, 22027*2. process specials 25>5®26. Eggs firmer, nearb! white fancy 344/35. nearby brown fancy 28®29. extra firsts 29 asked, firsts 2:l© 24 Cheese easier; whole milk specials 16 bld. whole milk fancy 15% bid. skims spe rials 12*..,013. skims fine 11 )y, ®ll \. full skims 4® 6*4. NEW YORK COFFEE MARKET. Coffee quotations: Opening. I Closing. _ .Tanuarv' - 7 . . . 13..85013.92 13.83© 13 84 I'ebruarx . . . 13.80013.90 13.80© 1 1.82 M H r<-h ’ • 13 83 13.83013 84 \nrll ' ... 13.80® 13 86 13.83® 13.84 Mu. ’ . . 13.88 1'1.830)3.84 ‘lune ' . rt.Bs® 13.90 13.83® 13.84 13.850 1 I 88 13 87® 13 84 \ K . H ' ' . , . : 86® >3 90 13 82® *3 83 gent s .,, • 1 14 V.'.® 11.20 1.02 ; >,p. 13 I'll® 1 4 13 '.'<</ 13.95 A, ten-tie' '3.90® 1 ' I/O 3 93® . ■ (15 I I leecmbe- : tL?'*— 1:8 A, -81 ‘ Übised firn. .-ales, biso bag l THEATLANTA GEORGIAN AND NEWS- WEDNESDAY. SEPTEMBER 11. 1912. GINNERS’ REPORT BOOSTS COTTON Figures Very Bullish and Shorts Covering Stimulates Market. Causing Advance. NBW YORK. Sept. 11—Excellent weather conditions over the belt and free offerings in Liverpool proved depressing upon the cotton market today with a net decline in prices of sto 12 points from last night s close. Octooer immediately receded to the 11c mark, hut later rallied. Within 15 minutes a heavy buying wave prevailed which seemed to come from shorts and > the market developed a better tone and ' prices rallied H to 9 points over from the ' early range. The selling was chiefly con tributed by commission houses and the uptown crowd, also Memphis and New Orleans and prices became erratic. H. King estimates the week’s develop ments unfavorable over 30 per»cent of the cotton belt and injurious to 60 per cent of that portion, sheading going on at rate of speed equal to 50.000 bales a day and will increase unless rains come soon. Os remaining portion 40 per cent of unfavor ably and injuriously affected dry section 80 per cent will begin to suffer within a week unless relieved. Developments in Texas unfavorable over practically entire slate and injurious in about 35 per cent. 'l’he report had a stimulating effect and caused some buying with prices during the mlde-forenoon 13 to 17 points above the opening, or 1 to 5 points over the previous close. The October option showed the most strength and displayed a tendency to sag around the first figures. The market was under heavy buying pressure during the afternoon on the na tional ginners report, which made figures at 67.4. against 77.4 last month, showing a 10-point deterioration This was re garded as bullish and spot interests com bined with ring crowd, who seemed to be short, began to buy. causing further upward movement in prices and prices aggregated 9 to 1.3 points over Tuesday’s close. Local traders appeared to be prin cipal sellers and there was very little outside business being transacted. At the close the market was firm with a net gain in prices of 6 to 12 points from the final quotations of Tuesday. Semi-weekly interior movement: 1912. 1911. 1910. Receipts 77,525 88,842 65,898 Shipments 61,241 68..522 55.339 Stocks 103.401 104,262 53,799 RANGE OF YORK FUTURCS. c rj •_ . I < ® M a Si 8 *3 O K U O I o-o sept. : <... .77.... ..;. 'n7f3- Oct. 11.10 11.24 11.00 11.23:11.23-25 11.15-16 Nov 11.34-36 11.26-28 Dec. 11.22 11 44 11.21 11.42111.40-42111.34-36 Jan. 11.01 11.36 11.10'11.34|11-32-34 1 1.22-23 Feb i 11.38-40111.28-30 Meh. 11.26 11.49 11.25 1 1.47.11.46-47 11.36-37 May 11.33 11.58 11.38 11.54 11.55*57 11.45-46 July 11 T.B H.54(11 _3BIILSJI1 161-63 HA9-51 Closed firm. Liverpool cables were due 7H to 9 points lower, but opened eas\ 9 to 10 points lower. At 12:15 p. m. the market was barely steady 9% to 10 l / 2 points lower. At the close the market was steady, with prices a net decline of 7Vi to 9 J ,4 points from the final figures of Tuesday. Spot cotton in moderate demand. 5 points lower: middling 6.58<1; sales 7,000 bales, including 5,000 bales of American. Estimated port receipts today 25.000 bales, against 12,349 last week and 32.121 last year, compared with 19.619 bales the year before. RANGE IN LIVERPOOL FUTURES. Futures opened steady. Range. 2 P. M. Close. Prev. Opening Prev. Sept. . . . 6.31 -6.30 6.28 6.32 6.40’2 Sept.-Oct. 6.13 -6.16 6.14 6.16’2 6.25 Oct.-Nov. 6.12 -6.10 6.10 6.13 6.21 ’,2 Nov.-Dec. 6.08 -6.07 H 6.OHU 6.08’•• 6.18 Dec.-Jan. 608 -6.07 H 6.07 6.08M* 6.18 Jan.-Feb. «.O9 -6.08’,3 M7 6.10 6.19 Feb.-Mch. 6.10’2-6.11 6.09 6.11’2 6.20% Meh.-Apr. 6.11 -6.11’2 6.11 6.12% 6.21% .Apr.-May 6.13 -6.13% 6.14 6.23 May-June 6.15 -6.14% 6.12 6.15 6.24 June-July 6.13 6.16 6.23% July-Aug. 6.14 -6.13% 6.12% 6.14% 6.23% Closed steady. RANGE IN NEW ORLEANS FUTURES. I £ ri | ® i) I o I U IwX I U I CkO sent. . ... .7’7.. 7" 11.09 1'1.02 Oct. 11.07 11.36 11.07 11.31 11.31-32 11.16-17 Nov H. 39 111.21-22 Dec. 11 16 11.44 1 1.16 1 1.41 1 1.41 -12 11.24-25 Jan. 11.25 11.50 11.221 1.17 1 1.46-47 11.30-31 Feb 11.48-50 11.32-34 Meh. 11.37 11.65 11.37 11.63 1 1.62-63 11.44-45 \nr 11.65-67 11.46-48 Mav 11.51 11.74 11.50 11.72 1 1.73-74 11.54-56 June 11.75-77 11.56-58 July ’ 11.83-84 11.64-66 ""Closed steady. / SPOT COTTON MARKET. Atlanta (old cotton), nominal; middling 12c. New Orleans, steady: middling 11%. New York, quiet; middling 11.65. Boston, quiet: midling 11.65. Philadelphia, quiet: middling 11 90. Liverpool, easier; middling 6.58 d. Augusta, steady; middling 11%. Savannah, quiet; middling 11%. Mobile, quiet: middling 11%. Galveston, quiet; middling 11 1-16. Norfolk, steady, middling 11%. Wilmington, steady; middling 11%. Little Rock, nominal; middling 11%. chariest on, stead'’: middling 11%. Baltimore, nominal: middling 11%. Memphis, quiet: middling 11%. St. Louis, quiet: middling 11%. Houston, steady: middling 11%. COTTON MARKET OPINIONS. Miller £ Co.; "The technical fabric of the market has undoubtedly beeir strengthened we would buy on these soft spots." Tompson. Towde & C’o.: "The market is so entirely dominated by certain large speculative interests that the day to day price movement can not be profitably forecasted.’’ Bailey & Montgomery: "Until the movement swells considerably the price of contracts is not likely to show Yuuch further action, while anything like tin sea sonable weather would quickly enhance them." J. S. Bache & Co.: "Think somewhat lower prices may be looked for." Logan & Bryan "We believe a scalp ing position would be the most conserva tive." PORT RECEIPTS. The following table shows receipts at the ports today, compared with the same day last year: I 1912. J _ New Orleans. ... _ 476 1,288 Galveston 15.549 17,857 Mobile 167 631 Savannah 3.282 . 9.000 ('harleston 299 1,066 • Wilmington. ... *987 1.071 (Norfolk S’»l 898 ■ New York • • • • 300 Boston. __2l 10 I 77 .77 21.632 " 32,121 " INTERIOR MOVEMENT. ' 1912 j U'li. Houston. ...... 15,144 15,598 Augusta ’ 1.389 3.538 ' Memphis. ...... 12 217 St. Louis 810 334 Cincinnati ■ ■ . L 157 Total • ■ • NEW YORK GROCERIES. ( NEW YORK, Sept 11. -Coffee stead,' ; Nd. Rio spot 14%fa 15. Rice domotie ordinary to prime 4 M<. lasi-os *iicad> . Nev < nleans open kettle ’ f.O Suga” raw sioady; centrifugal 4 30. inuHCovado 3.86. molasses sugar 2 61. re fined si>ad'. standard granulated 5.1’. < ; bial Vl'' 1 , « rushed s.B<\ mold \ .• 45, . ulh‘s '35. i.'.ude’cil .5.20 diamond \ ■> 'it. . i.rfe.-tjoners \ 195 N<« I 4 85, No. 2 ‘ I 80. No 3 4 75, No. i 1.70 NEWS AND GOSSIP. Os the Fleecy Staple I NEW YORK, Sept. 11.—S. Tate, of Car penter. Baggoi & Co., says: “The great number of reports by wire and letter, uni formly describe great detcriorat’en from insect damage and from excessive high temperatures, and continued drouth ac companied by dry, hot winds, I can not help but feel they describe a true situa t*°.n’ an ’l believe the prospective yield of this crop has been greatly reduced by the tremendous shedding which has taUen place in almost every section of the belt and some parts of each state has suffered* therefore reports from now on should loreeast a very low condition report about (’ctober 1, ami 1 think the short side is dangerous and would work on the long side. "There is no long interest to speak of. technically speaking; the market being a two-sided affair, easily susceptible to buj mg, hut on account of the lateness of the crop the trade is waiting for further confirmatorj information about early com plaints of excessive deterioration. Trade conditions are good, as the price of man ufactured product more than warrants these or higher values for the staple." 'I he selling m> the opening by commis sion houses and uptown crowd caused weakness. Some of the bears on the floor were best buyers. It is believed that the scattered long interest was about eliminated this morn ing. Memphis and New Orleans are said to have been early sellers. Some rain was reported in the eastern belt. Wilson. Watkins. Rashford. Pearsall. Lee. Geer and Schill best bu> ers today. Waldorf crowd, Riordan and Mitchell (lie best sellers. The demand now is very good. Castles and some of the local shorts bought early. At the opening Mitchell. Hicks, Pear sall and Waters began bidding the market up. Browne. T Take ford & Co., Liverpool, ca ble: "Decline due to selling orders from America and free offerings of actual." Dallas wires: "Texas—Raining at Amarillo past two hours; panhandle Is cloudy; balance geneially clear Okla homa—Generally clear." Following are 11 a. m. blds: October 11.11. December 11.30. January 11.22. March 11.34. NEW ORLEANS, Sept. 11. Hayward p - Clark: The weather map is verj favora ble; generally lower; good rains in Geor gia. North Carolina and South Carolina, and some rain in northwest Texas. Cloudv in northern half of Texas. Oklahoma and the Atlantics; generally fair elsewhere. Indications are for unsettled, rainy weath er in Texas and Oklahoma and central and eastern states. Fort Worth. Tex., wires: "Inspections of fields from Cleburne today show groat damage from leaf worm, and half of fields being (‘leaned of foliage and young forms. Deterioration continues over entire state, and if drouth continues "another week think another revision downward in order. Looks now like 3,750,000 bales is maxi mum. Not considering equinoctial dis turbances later." The New Orleans Times-Democrat says: There is nothing queer about the current decline In cotton. The supply of the ac tual exceeds the demand, and values sink lower as owners press spots for sale. Thus, the trade faces a condition in which theory plays no part since, at the mo merit, neither the ultimate suplpy nor the ultimate requirement figures in the tal ent’s calculations, though both must fig ure before the season grows much older. Recently many pessimistic crop reports have come in the Atlantic states and from the west and one speculative faction, prof iting by the lingering fear instilled into the average bear by the string of ad vances last spring, forced values upward without much difficult'. But the bullish advices on which such action was based do not now appear to have reflected the true progress of the crop, as subsequent reports seem to show that the weather of the past two or three weeks lias helped rather than hindered the progress of the plant. It has followed that the with drawal of speculative support and free of ferings of the actual have combined to discourage trade buying. Exporters as well as consumers have sold out some long contracts in October. Congestion lias begun to take place at Galveston. Dis tressed coton afloat* has gone begging for a buyer. These phazes of the market have no relation to the ultimate supply and demand situation, but as they are manifestations of a bearish condition at present they can not be ignored. Following are 10 a in. bids: October 11.17, December 11.26, January 11.31, March 11.45. Estimated receipts Thursday; 1912. 1911. Galvseton 16,000 to 18,000 15,013 |_THE WEATHER " CONDITIONS. WASHINGTON, Sept 11. There will be showers tonight and Thursday in the south Atlantic states and generally fair weather elsewhere east of the Mississippi river during the next 36 hours. The temperature will be lower tonight land Thursday in the north Atlantic states | the lake region, the Ohio and middle sissippi valleys and Thursday in the mid dle Atlantic states. GENERAL FORECAST. Following is the forecast until 7 p. m. Thursday: , Georgia Probably rain tonight and Thursday. Virginia—Unsettled weather, probably rain in extreme southern portion tonight or Thursday: cooler Thursday and in ex treme northern portion tonight. North and South Carolina -Probably rain tonight and Thursday. Florida—Unsettled weather, showers in the peninsula tonight and probably on Thursday. Alabama—Unsettled tonight and Thurs day; cooler in northern portion Thursday. Mississippi Unsettled tonight and Thursday; not quite so warm in northern and central port tops Thursday. Louisiana Unsettled Arkansas and Oklahoma—Unsettled, showers, cooler. East Texas I nsettled; showers In north: cooler West Texas -Unsettled DAILY WEATHER REPORT. ATLANTA, GA.. Wednesday, Sept. 11. Lowest temperature 70 Highest temperature 78 Mean temperature 74 Normal temperature 73 Rainfall in past 24 hours, inches 0.11 Deficiency since Ist of month, inches 1.13 Excess since January Ist, inches. ...14.62 REPORTS FROM VARIOUS STATIONS. I [TetnpeFatuire it’faii Stations-- 1 Weath. 7 1 Max. I 24 L y’day- ■ rs. Augusta (’loudy 74 .ST” Atlanta . <’loudy 72 78 .12 Atlantic City, t’lear 74 82 Anniston .... Pt. eld'. 74 84 Bost on Cleat 76 78 Buffalo Raining 70 80 .04 Charleston .. Pt. cldy. 72 94 ... (’hicago Pt. cldy. 72 94 .. . I >enver ... (’loudy 50 Des Moines ... Cloudy 64 82 .08 I)uluth < 'lea: 50 70 East por’ •• Cloudy 64 56 .18 Galveston . .. Pt. cldy. 80 90 ' .12 Helena Clear • 42 ■ b 8 i .... Houston . . . <’lear 76 Huron ..Clear 46 ■ 66 I .10 Jacksonville . Cloudy 78 82 ... Kansa City... Cloudy 72 ' 90 I .... Knoxville . ... Pl eld' 71 !»0 1 .... Louisville . ...clear 72 96 ' .... Macon • Cloud) 74 xo .24 Memphis . <’lcai 74 92 < ... Meridian Clear 72 ■ ' .... Mobile Cloud' ; 74 90 1 . . . Miami . (’loud.'- 84 90 .02 Montgomery . (’loudy 72 81 .04 Moorhead .. Clear 12 62 ! . New (>rlea ns. ’lear 80 94 New York ..('lea. *2 88 .... North Platte, cloud' 54 70 .... (Oklahoma .. Pt. cldy. 72 96 .... Palestine . . Clear 74 96 .... Pittsburg ..Cleat 72 90 .... 1 I*’tlan«'. ( »rpg. < 'leal 56 84 .... 1 San Francesco (’lear 62 81 ■ .... ISt Louis., (Hear 72 92 1 .... |S. Paul .Clear * 54 7«: |s Lai;* c ; l> Pl ■ ; ■ 5° Savanna 1 Pur nlng 7R 1 06 ’\\ ashmg 1 u ’' 3l £_ 72 c 1 u n HERRMANN, ection Director HEW REALIZING SENDSSTOGKOFF Advance in Money Rates. Cou pled With Professional Bear ishness. Causes Loss. By CHARLES W. STORM. NEW Y(»RK. Sept. 11. Moderate activ ity and strength marked the opening of the stocK market today, with general ad vances. About the best earl> gains were made bv Missouri Pacific, which was % higher a’ the ou set on the earnings re port Dther gains made by the rail road group v.ere Erie common %, Penn sylvania %. Reading %, Lehigh Valley %, I nion I ;.citiu % and Southern Pacific % A’calgan atcd Copper was %. higher at the beginnig. but later receded. Ameri can Smelting gained %. United States Steefl common optuea at 72%, a gain of % ovei Tuesday's (lore. this gain was Increased to % Canadian Pacific was % off on. tin first sale but later recovered. Sears. Roebuck X- Co., which has been fluctuating recent!.', was 4 points lower at the opening at 210% Goodrich Rubber, another apecialtj which has bdei) ex tremely rose %. Other Import«Rit movements in the specialty list were Woolworth common, advancing 1% to 99, and International Harvester gaining 1%, to 126. The curb market was steady. 4 Americans in London were firm. Selling orders appeared in the late fore noon and many issues fell below yester day’s final. The coal stocks were under pressure. Reading and Lehigh X’alley de clined a point each. The railroad and copper shares were heavy. There was a tailing off also in the demand for special ties. Increased heaviness prevailed In the last hour’s trading, a number of stocks making further substantial recessions. There was some impressive selling, two prominent houses supplying stocks In large volume on the decline and commis sion house liquidation was also in evi dence. Coal stocks were under greatest pressure. The market closed steady. Government bonds unchanged. Other bonds steady. Stock quotations: I I |T sTTcTos.lPrev STOCKS— JHighjLow.’Sale. ! Bid.JCl’sa Amal. ( opper. 84%' 86% 86% 85 *h 8< % Am. Ice Set* ‘ .... .... 23%1 23% Am. Sug. Ref. 127% 127% 127% 126% 126% Am. Smelting 85%l 84% 84% 84% 85% Am. Locomo... 43% 43 43 42% 43 Am. <’ai E<l\ 60 GO 60 59% 60% Am. Cot. Oil 56% 55% 55% 55% 56% Amer. Woolen .. J ........ 28 I 28 Anaconda .... 46% 45% 45% 45’,*>i 45 Atchison 108% 107% 107% 107% 108% A. C. L 141 141 Amer Can ... 39% 39% 39% 39% 39% do. pref .. 119% 119% 119% 119%(119% Am. Beet Sug. 76 73% 73% 74% 74% Am. T. and T. 144 143% 143% 144 1 43% Am Agrieul. . 59 59 59 58%' 58% Beth. Steel ... 40% 39% 39% 39% 39% B. R. T 90% 89 89 88% 90% B. and <> 106% 106% 106% 106% 106% Can. Pacific .. 271% 272% 272% 273 271 Corn Products 15%' 15% 15% 15% 15% C. and 0 79% 79% 79% 79 79% Consol. Gas ... 145~% 141 "1 44 144 1 44% Cen. Leather 31 30%i 31 30% 30% Colo. F. and I. 35 ,34 34 33%! 34% Colo. Southern ' .... 40 40 D. and H .... 167 167 1 ‘en. and R. G 1 ... J ... . ! 21 %' 21 Distil. Secur. 31 33% 33% 33% 34% Erie ' 36%' 35% 35% 35% 35% do, pref. .. 36% 35% 35% 35% 35% Gen. Electric 181% 180 180 180 181 Goldfield Cons. 3%' 3%' 3% 3%! 3% G. Western 18% 18% G. North., pfd. 139% 138% 138% 138 138% G. North Ore. 16 45 45 41% 45% Int. Harvester 126 124% 124% 124% 124% 111. Central ... 19% 19 to } 19%, 19% do. pref .. 58% 57% 57% 58 ' 58% lowa Central 10 *lO K. C. Southern 28 :’8 28 26% 26% K. and T 29%: 29 29’ 2 28% 28% do. pref 62% 62% L. V’alley. 167% 166% 166>\ 166% 167% L. and N 161%-161% 161’-. 161 % 161% Mo. Pacific 41 % 40% 40% 40% 40% N V. (’(‘rural 114 4 114 114% 114 114 NOl thwesl 138% 188% Nat. Lead . 59 7 H 59% 59% 59% 60 N. and W . . 115%,115% 115% 115% 115’.. No. Pacific . 127% 425% 126 126 126% O. and W.. . . 37% 36% 36%' 36 * 36% Penn 124 % 123 7 H 123% 123 % 123 % Pacific Mail . 31 % 31 % 31 % 31 31 I’. Gas Co. . 116% 116% 116% 116%'116% P. Steel (’ar . 37% 37 37 36% 37 Reading .1 19 166% 166% 167 168% Rock Island . . 26% 25% 25% 25% 26 do. pfd . . . 51% 51% 51% 51% 52% R. I. and Steel 27 27 27 26% 27% do. pfd ... 89 87% 87% 87% 88% S. -Sheffield. . 55 1 55 55 55 55 So. Pacific . . 109% 108% 109% 108% 108% So. Railway . 30%i 29% 29% 29 29% do. pfd.... 81 % 81 % 81 % : 80* H 80% St. Paul . . 106% 105%i!06 106 106% Tenn, (’opper ; 44% 43% 43% 43% 43% Texas Pacific 23% 23% 23’., 2.3 23% Third Avenue 37% 35% 35% .35% 36% Union Pacific 169% 167% 167% 167% 168% U S. Rubber , 51% 51 51 50% 51% Utah Copper . 65% 64 64 64 66% U. S. Steel. .1 73 71% 71%’ 71%’ 72% do. pfd 112% 112% V -C. (.’hern.. . 45% 45 45 ; 45 I 45 West. Union . 81% 81% 81% 81 81% Wabash. . . . 4% 1% 1% <l, 1% do pfd . . H% 11% 11% 11 11 W. Electric . . 87%' 86% 86% 86%' 87 Wis. Central . . ..' 54% 54 W _Ma rj. land . 56% 56% 56’% 56% 57 Total sales, 394,000 shares. MINING STOCKS. BOSTON. Sept. 11. Opening: Butte Superior 48%. Fruit 185, North Butte 33%. East Butte 14 METAL MARKET. New York, Sept. 11 - A firm tone was shown in thejnetal market today Cop per spot, 17.25 fa. 17.75. September. 17.354/ 17.40; <)ftober. 17.2541 17 40, November, 17 254? 17.50; lead. 5.004/5.25. spelter. 7.504/ 8.00. tin. 48 104/ 48 65. LOCAL STOCKS AND BONDS. Bid. Asked. •Atlants Trust Company.. . 117 120 Atlanta and West Point R. R. 148 150 American Nat. Bank 220 225 Atlantic Coal Jce common 101 *O2 Atlantic CoaJ & Ice. pfd 91 92% Atlanta Brewing A Ice Co.. . 171 Atlanta National Bank 325 Broad Riv. Gran. Corp 35 26 do. pfd 71 74 (Central Bank Trust Corp.. ... 147 Exposition Cotton Mills 165 Fourth National Bank 265 270 Fulton National Bank 130 131 Ga Ry Elec stamped.. . 126 127 ua. Ry. & Power Co. common 28 30 do first pfd 83 86 do second pfd 44 46 Hilly er Trust Company (See Atlanta Trust <’o ) Lnwry National Bank 248 250 Rea 1 ’ Ti u«1 •Ji mpany ... . 100 in? Southern Ice common 68 70 The Security State Bank.... 115 120 Third National Bank 230 235 Trust Company of Georgia. . 245 250 Travelers Bank & Trust Co.. 125 126 BONDS. Atlanta Gas Light Is 102%. ... Broad Riv. Grar. Corp. Ist 6s 90 95 Georgia State 4%5. 1915, 55.. 101 102 Ga. Ry. & Elec. Co. 5s 103% 104% Ga Ry. & Elec ref 5s 100% 103 Atlanta Consolidated 5s 102% Atlanta City 3%5, 1913 90’g yi % Atlanta 4s. 1920... 98% 99’/. Atlanta City 4%5. 1921 102 103 •—Ex-dividend 10 per cent LIVE STOCK MARKET. CHICAGO. Sept 11. Hogs Re< < ipts 2 100 Market steady for packing lings; low Mist d and hutch< rs ►8 104/9.15. good heavy $8,404/8.90, rough tioav'. 5-7 904/ 8 35, fight $8 5041,9 15 pigs $7 1041 8 60. bulk $8,204/ 8.85. Cattle Receipts 14,000 Market stead.' t" '0 ■ higher. Reeves $6 6041,10.75, cows and heifers $‘.'.504/ 8.75, s»o<-l<er-< ami feed ers 44 404/7.30, Texans $6,504/8.75, calves $9 .•(» 4/ | „ Sheep Receipts 25.000 Market steady t-» strung Naiiye am! Western $34(4.75, lambs $1354( 7 45 [ATLANTA MARKETS j EGGS—Fresh country candled. 22@23c. BUTTER—Jersey and creamery, in 1-lb. blocks. 20®22’ / >.c; fresh country dull, 10@ pound. DRESSED POULTRY—Drawn, head and feet on. per pound: Hens. 17®>18c: fries, 25®27>4c; roosters. 8® 10c; turkeys, owing to fatness, 18@20c. LIVE POULTRY —Hens, 40®>45c; roost ers Js@3sc: fries. 18@25c: broilers. 204 J 25c; puddle ducks. 25@30c: Pekin ducks. 40@45c; geese 50®60c each; turkeys, ow ing to fatness. 14@15c. FRUITS AND PRODUCE. FRUIT AND VEGETABLES—Lemons, fancy, s|i® 10 per box; California oranges, $4.00®4.50 tier box; bananas, 3®3l 2 <- per pound: cabbage, 70®31 per pound; pea nuts. per pound, fancy Virginia 6H®7c, choice. sl4<®6c; beans, round green. 7Cc® »l per crate: peaches, $1.50 per crate. California, $5.50®6.00; celery, $202.50 ert; squash, yellow, per six-basket crates, $t.00®1.25: lettuce. fancy, $1.2501.50. choice $1 250'1.50 per crate, beets, $1.50®) 2 per barrel; cur-timbers. 75c© $1 per crate: Irish potatoes, per barrel, $2.50@3.00; old Irish potatoes. sl.oo© LiO Egg plants. $2@2.50 pei crate; pepper, sl® 1.25 per crate; tomatoes, fancy, six basket crates $1.00®1.25; choice toma toes 75c@51.00; pineapples, $2.00©>2.25 per crate: onions. $1®1.25 per bushel: sweet potatoes, pumpkin yam. $10)1.25 per bush el: watermelons, slo@ls per hundred: cantaloupes, per crate. $2 750 3.00 PROVISION MARKET. (Corrected by White Provision Company.) Cornfield hams, 10 to 12 pounds average 17c. Cornfield hams. 12 to 14 pounds average. 17c. Cornfield skinned hams. 16 to 18 pounds average. 1714 c. Cornfield picnic hams, B to 8 pounds average. 13 Vie. Cornfield breakfast bacon, 23Hc. Gfocer style bacon (wide or narrow), 180. « Cornfield fresh pork sausage (link or bulk) 25-pound buckets, 12c. Cornfield frankfurters, 10-pound buck ets. average 10c. Cornfield bologna sausage, 25-pound boxes. 9c. Cornfield luncheon hams, 25-pound boxes. 12c. Cornfield smoked link sausage. 25- pound boxes, 9c. Cornfield smok’d link sausage in pickle. 50-pound cans, $4.50 Cornfield frankfurters in pickle, 15- pound kits, $1.50 Cornfield pickled pig’s feet, 15-pound kits, $1 Cornfield pure lard (tierce basis). 12'/jc. Country style pure lard, 50-pound tint only, ll’ic. Compound lard (tierce basis), 9',4c. D. S. extra ribs, 12 6 rC. D. S. rib bellies, medium average, IStjc. D. 8. rib bellies, light average, !3 : )<c. FLOUR AND GRAIN. FLOI’R l-ostell’s Elegant. $7.25: Ome ga, $7 50: Gloria (self rising). $6 40; Vic tory (finest patent,), $6.40; Diamond (patent). $6.25; Monogram, $5.85; Golden Grain, $5.40: Faultless, finest, $6.25; Home ijueen (highest patent), $5.75; Puritan (highest patent). $5.75; Paragon (highest patent), $5.75; Sun Rise (half patent), $5.35; White Cloud (highest pat ent), $5.60; White Lily (high patent), $5.60; White Daisy. $5.60; Sunbeam, $5.35; Southern Star (patent). $5.35: Ocean Spray (patent), $5.35; Tulip (straight), $4.25. CORN—White, red cob. $1.10: No. 2 white. $1.08; cracked, st.os; yellow. $1.05. MEAL -Plain 144-pound sacks, 97c; 96- pound sacks, 98c: 48-pound sacks, $1.00; 24-pound sacks, $1.02; 12-pound sacks, $1.04. OATS Fancy clipped, 52c; fancy white, 51c; No. 2. 48c; Texas rustproof, 58c. COTTON SEED MEAL—Harper, $29. COTTON SEED HULLS Square sacks, SIO.OO per ton. Oat straw. 65c per bale. SEEDS—(Sacked): German millet, $1 65; amber cane seed, $1.55; cane seed, orange, $1.50; rye (Tennessee), $1.25; red top cane seed. $1.35: rye (Georgia). $1.35; Appier oats, 85c; red rust proof oats. 72c; Bert oats. 75c: Texas rust proof oats, 70c; win ter grazing, 70c; Oklahoma rust proof, 50c blue seed oats. 50e; barley, SI.2L HAY—Per hundredweight: Timothy, choice, 31.40, No. 1. $1.25. No. 2, $1.20; bale's. $1.25; new alfalfa, choice, $1.65; Timothy No. 1. $1.40; No. 2, $1.20; clover nav. $1.50; alfalfa hay, choice peagreen, I $1.30: alfalfa No. 1, $1.25; alfalfa No. 3. .31.50: peavine hay. $1.20; shucks, 70c: wheat straw, 80c: Bermuda, SI.OO. FEEDSTUFF SHORTS- \\ bite 100-lb. sacks, $2; fancy 75-lb. sacks. $1.90: 75-lb. sacks, $1.75; brown, 100-lb. sacks, $1.70: Georgia feed. 75-lb sacks. $1.75; bran. 75-lb sacks, $1.40; 100-lb. sacks. $1 It): Homecloine. $1.70; Germ meal Homeco, $1.70; sugar beet pulp, 100-lb. sacks, $1.50; 75-lb sacks, $1.50. CHICKEN FEED—Beef scraps. 50-lb. sacks. $3.50; 100-lb. sacks, $3.25; Victory pigeon feed. $2.35: 50-lb. sacks. $2.25; Pu rina scratch, 100-lb. sacks. $2.20; Purina pigeon feed, $2.45; Purina baby «chick, $2.30: Purina chowder, doz lb, packages. $2.20; Purina chowder, 100-lb. sacks, $2.15; Success baby chick, $2.10; Eggo, $2.15; Victory baby chick. $2.30; Victory scratch, 100-lb. sacks, $2.15; Superior scratch, $2 li). Cliicken Success baby chick, $2.10: wheat. 2-bushel bags, per bushel, $1.40; oystershell, 80c • GROI N'D FEED Purina feed. 100-lb. sacks, $1.85; 175-lb. sacks. $1.85; Purina molasses feed. $1.85; Arab feed, $1.85; Allneeda feed. $1.70; Sucrene dairy feed. $1.60: Universal horse meal. $1.80; velvet feed. $1.70; Monogram, 100-lb. sacks, $1.80; NEW YORK PRODUCE MARKET. NEW YORK. Sept IL—Wheat stead!; December 99® 1 OIL. spot No. 2 red 1.04 tn elevator. 102*4 f. <>. b Corn weak nominal. No. 2 in elevator nominal, ex port No. 2 SS*X. f. o. b.. steamer nominal. No. 4 nominal" Oats easy; natural white 36038. white dipped 38V40 42. Rye firm; No. 2 80082 nominal e. i. f. New York. Barley quiet: malting (new) 62076 nomi nal c. 1. f. Buffalo. Hat steady; good to prime 750:1.25, poor to fair 7001.25. Flour dull: spring patents .>.1505.25, straights 4.60® 1.75. clears 4.600.4.65, win ter patents 4.250 1.45, straights 4.55© 4.65, clears 4.250 4.50 Beef Stead!: family 18.70019.00. Pork easier; mess 200 20.50, family 20.500'21.50. l ard easier: city steam 11 '«© 11 middle Wes' spot 11.50 bid. Tallow steady; city (in hogsheads) nominal bid, country (in tierces) 64r6Vt. A Great Power «k During the forty-seven years of its existence, the ATLAN TA NATIONAL BANK lias developed into one of the most influential banking institutions in the Smith. The steady growth of its Deposits has been followed by increases in its Capital and Surplus, until today these figures represent a ver itable financial Gibraltar. 'This great development clearly indi cates the high class of service accorded depositors. Atlanta National Bank Capital $ 1,900,000.00 Surplus and Profit . . . 1,203,719.32 Deposits ... . 6,693,074.89 SHORT COVERING STE«I»T Corn 5-8 cto 11 -8c Off, Oats 1-8 c Off—Better Weather, Big Receipts Depress. ST. LOUIS CASH QUOTATIONS. Wheat—No. 2 red 1000103 < "t n 75®. 77 Oats go® *4 < HICAGO. Sept. 11 Wheat was to T s c lower this morning on the heavy receipts in the Northwest and the general easier feeling abroad. The September op tion led in the decline. Favorable wcatb n.'l was reported throughout the belt, i'here was some scattered commission house buying on the slump. i'orn was ',c to :! ic lower on increased offerings in the pit. and continued fine weather throughout the belt. oats were off ' s c in sympathy with the other grains. Provisions showed but little change. Hogs were a shade lower. Wheat closed today with prices ranging from unchanged to ’gc lower, which was r \ to -\ lower than the best prices reached during the session. Unrespon sive cables, favorable weather and con tinued liberal receipts coupled with the weakness in corn caused an easy feeling, but as the market was apparently over sold bears made little headway despite the fact tliat local sentiment was bearish. Corn closed! *4 to ILc lower. The mar ket was very weak. (tfferings of new corn from Oklahoma for this month’s shipment have Jieen made to Southern markets. Oats were *4c lower to ',c higher. After a fair advance early the market eased off Provisions were higher all around There was good support from packers and some foreign buying LIVERPOOL GRAIN MARKET. Wheat opened ’jd higher; at 1:30 p. m. the market was 'wcl higher to !,d lower. Closed ’,d higher to Ld lower. Corn opened ’,sd to ',d lower, at 1:30 p. m. was >, 4 d to lower. Closed un changed to Ld lower. BRADSTREET'S CLEARANCES. Follow ing shows the Bradstreet's clear ances in wheat and corn for the week; Wheat, decrease 505.000 bushels Corn, decrease 9,656,000 bushels. CHICAGO GRAIN MARKET. Grain quotations; [ Fre». Open. High. Low. Close. Close. WHEAT— Sepi. 91*4 92'a 9O' a 91 >4 91*4 Dec. 90’4 91H 90-14 90’4 90’4 ' May 94’ 8 95% 94\ -95 95L CORN— Sept. 71*4 71*4 70\ 71 7184 Dec. 53A4 53*4 52** 52*4 53% May 52*, 52*4 51 =4 5152 a . OATS— Sept. 31’4 324, 31’, 32'4 32 Dec. 32\ 324, 32*,, 32'* 32*4 May 34% 3454 34', 34 '* 344, PORK— Spt 17.20 17.27’4 17.15 . 17.27*4 17.02 V. Oct 17.25 17.30 17.20 17.30 * 17.20 “ ■lan 18.82*4 18.90 18.8214 18.85 18.85 LARD— Spt 11.15 11.15 11.12'4 11.15 11.10 Oct 11.15 11.20 11.12'4 H.rtls 11.10 Jan 10.65 10.67*4 10.65 10.67*4 10.62'4 RIBS— , Spt 10.72*-, 10.80 10.72 V. 10.75 10.70 Oct 10.75 10.77)4 10.70 10.75 10.70 Jan 10.12)4 10.12*4 10.10 10.12*4 10.07*4 CHICAGO CAR LOTS. Following are receipts for Wednesday and estimated receipts for Thursday: I Wedn'day. [Thursday. Wheal 208 225 Corn | 373 i 417 Oats . 388 . 332 Hogs I 21,000 I 16.000 PRIMARY MOVEMENT. “WHEAT i 19T2" i 1911 Receipts 1 1.919.000 I 1.100,000 Shipments . . . . . ■ 1.180,000 ' 492,000 CORN— I 1912. I 1911. Receipts '! 998,000 I 789,000 Shipments i 334.000 1.060,000 " * COTTON SEED v:i_. NEW YORK. Sept. 11.—Carpenter. Baggot <<■ Co.: While the near positions held fairly steady, the late months were easy, 4 to 10 points off. Selling was on expectations of a free movement of crude oil during the fall, but present prices for crude do not justify the low prices for fu tures and the fact that there is an ab sence of pressure of hedge selling in the near months has discouraged the selling of these positions. Cotton seed oil quotations’ | Opening. I Closing Spot ? ' ? 7T ? .! I 6.40®6.45 September 6.4906.52 [ 6.400:6.47 October : 6.3406.37 I ti.3l 0 6.32 November . , . 6.010 6.02 I 5.990 6.01 December ' 5.960 5.98 1 5.960)5.98 January ' 5.9906.00 5.970.5.99 February I 6.000 6.03 1 5.99 0 6,02 March I 6.0006.05 6.02 0 6.05 Xia, . . . 6.100.6.20 ' 6.120.6.20 “closed prm; sales 39,00(1 barrels r.ead and answer the Want Ails 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. 15