Newspaper Page Text
UNCLE TRUSTY! I
Copyright, 1913. by International News Servlca
O L ~
”** JMLz
#<Wl|"
W@®E®* tCQctL*®* VtTU "• “"a-
I A l\\- 7 V'
Ji y^ AY\. ■-*-..
°
° vVVvyS* Vs.
\\ -V\A W « MLkN.
V
(Fellow Cit»zEh?> NY (.■^'■^ / | ’
/ | TiAAHVC You. U (J/>®TTT“r“- —|—
pF THE*.* 15 A JupAsS I I‘LL . I x* '/X/ F*” <lju -
AN'NMERe let / \ f foFL€
HIM CO PTE Fortran p k Vl (/V A y / 7X/% / /’ J &% W WwlllwK ouLY2
I I WILL EAT HIM ALIVE! ) \a?T*4 — W
WtwWwTo
\ c - > zx XJr~r / }v!
®O<
\Jq v® s \V■ J
\ lsr- ♦tils' B **
\4xrif ® xw®
jiSa 61-. i 'Z Jb-'ijoo'ifcVUT I 'X.
' M Sk
'^UllsA T J|e liMjfiifeX.
£F> - yygpss”*rs>— \
*•* s JBf 2 - J&,
“Yell. Theodore, 1 see you are walking on roses! A little early in the game,
isn't it ! I hope you won't feel as if you were walking on carpet tacks before the
'■ainpaign is over! W illiam’s gout is much better! He’s got his foot in a per
ambulator. and he's out on the links again! I wonder what his next ailment will
be! He's about due for hay fever now! The county fair season is approaching,
anil I've got some line bees that I’m going to exhibit! 1 let them fill the hive
every day. and then 1 take all the honey out! Their sting is perfectly harmless!”
MARKETS
T.iJGS—Fresh country candled. 22@23c.
BI TTER—Jersey and creamery, in 1-lb. i
l>iocks, _’o®22sjc: fresh country dull. 109
i-lse pound.
DRESSED POULTRJ—Drawn. head
and fee; on. per pound; Hens. 17®18c;
,I!Cf 2.>®'27 , .ic; roosters. B®Toc; turkeys,
owing to fatness. 18@20c.
I.HI. POULTRY—Hens, 40® 45c; roost
-20@35c: fries, 18025 c: broilers. 20®
: puddle ducks, 35@30c: Pekin ducks,
O'u geese 30060 c each; turkeys, ow- I
in? to fatness, 14@i5c
FRUITS AND PRODUCE.
, ‘■■RCr.t \.\’L' VEGETABLES— Lemons,
ianc>, S3® 10 pe. box; California oranges,
’• lJfl t. to per box: bananas, 3@3s4c per
ud. cabbage. 75®$! per pound: pea-
1 oe. pound, fancy Virginia 6>i@7c,
® 6c: beans, round green. 7fc®
rer crate; California. $5.50@6.00;
p|. <(> yellow, per six-basket crates.
*'.25; lettuce, fancy.
' nOi ' l 3501.50 pet crate: beets. $1.50©
- net ba rel; cucumbers. 75c@$t per crate:
,' Hi> potatoes, per barrel, $2.5003.00; old I
it'.-T potatoes, $1.0001.10. .
I!.,;*’'-’.stl@2.s(K per crate: pepper,
' > ,e " erate: tomatoes, fancy, six- I
rates sl.oo® 1.25; choice toma- i
‘ 0.$1.00: pineapples, $2.0002.25 per
“ onions. sl'al."s per bushel: sweet '
~ J' “t'i r‘ s. pumpkin yam. *10,1.25 per bush- j
Watermelons, slo@ls per hundred; 1
'•"itpes. per crate, $2.7503 00.
PROVISION MARKET.
by White Provision Company.)
17 rams, 10 to 12 pounds average
i;*. ? ri hams. 12 to 14 pounds average,
i-ornfield skinned hams, 16 to 18 pounds
"er-iee. 1814 c.
kit'J 1 D ielu pick.ed pig's feet, 15-pound
',/ '. ' ,rl d pure lard < tierce basis), 12’fcc.
ci ,U '|! stJ ' a pure lard. 50-pound tin*
1 ornftejd picnic hams, s to 8 pounds
Itc.
■untold breakfast bacon, 24c.
■ ocer style bacon (wide or narrow),
1 •■tn. /'ld fresh tork sausage (link or
-'■ ; 1 .» pound buckets. 12c.
’ ' eld frankfurters. 10-pound buck
' average 10c.
t"ccs n! 9c Bologna sauaage. 25-pound
lunchern hams. 25-pound
l">imd" hoxU. S 9c° ked " nk sausase ' 25 '
' "iHeid smok-d link sausage in pickle.
■"■Hound cans. $4.75
frankfurters in pickle. 16-
P'o.ir' kits, $1.60.
onl’' , "pi el<l Bty,e pure Ihrd. 50-lb. tins,
'. ' ' pound lard (tierce basis). O'.jc.
V > extra ribs. 12’ac.
' id' bellies, medium average. 1 i‘u'.
rib bellies, light average. 13'uc
FLOUR AND GRAIN.
.. t'-'i. Postell's Elegant. $7.25: Otne
‘ . v.aO. Gloria (self rising), $11.40. Vie
' burst patent). >6.40: Diamond
,'') ■i:.25: Monogram, $5.8-; Golden
'■■ -40: Faultless, finest. 56.25‘ Home
'lugliesl patent!, $5.76; Puritan
’ Patent), $5.75; Paragon (highest |
'. ' '' 'J*-75; Sun Rise (half patent),
. White Cloud (highest pat
■". White Lily ililgh patent).
' bile Dais), $6.60; Sunbeam, $5.55;
'<n Star < patent 1. *5.35; Ocean
patent). $5.::5. Tulip (straight).
, Mng cotton (liulf patent). $5.00.
, d -A While red cob. $1.08: No 2
’ 'I 08; cracked. *1.05; yellow. $1.04;
'I. Plain 144-pound sacks, tuh-; :>6- I
sinks. :i7e; (R-pmind sacks. 9l*e I
md -neks. sl.Ol. 12-potind sacks.
I'am v clipped. 52 No ; clipped ,
'■"" white. 50e No 2 white. 49e;
x ‘>1.48 c
i"N SEED MEAL Harpe,. S2O
1 ' l"N SEED hi LIS Siniai' 1
'■'r ion < >st straw, *».e pci bale.
\ NEWS AND GOSSIP!
Os the Fleecy Staple j
NEW YORK, Sept. 19.—Carpenter. Bag
got & Co.: Schill and ring sold market
down; Waters whs best buyer. There
was little bull support outside of Waters.
Rumors of Habersham Kings figures
started the selling
The cotton exchange seat, of H. A.
Sands was sold to B. B. Bryan for u 18,500,
an advance of 8500 over the last previous
sales.
Liverpool bought cotton in New York
i all day yesterday .
The market at present seems only a |
professional trading affair
Business in Manchester is booming.
Members of the cotton exchange will ;
meet today to vote on the new building j
proposition.
Browne, Drakeford AL- Co.. Liverpool. .
cable: “Market advanced in consequence
of Zeraga buying ring short; no actual.”
Schill, Gifford, Rice and Wiggin bought
December; Flinn. Hentz ami Shutt sold;
Hentz, Schill ami McFadden bought Jan
uary; Royce, Shantz, Flinn and Norden
sold.
Dallas wires: “Texas, western and cen
tral. northern portions, cloudy; east and
panhandle, clear; balance clear to part
| cloudy. Temperature, Dallas, 59: Okla
homa. clear and cool.”
] Shearson, Geer. Wilson. Marsh and
Waters best buyers todaj. McGhee.
Hartcorn, Shantz. f reeman and Rail best
sellers.
Following are 11 a. m. bids: October,
* 11.55; December. 11.70; January, 11.78:
I March. 11.94.
! NEW ORLEANS, Sept. 19. Hayward AL-
Clark: ’("he weather map shows perfect
conditions: generally fair in western half;
little scattered showers; warmer in Okla
homa and west Texas by 2 to 6 degrees;
partly cloudy in central states with light
scattered showers: generally cloudy in
Alabama, Tennessee, Atlantic.*?, with good
rains in Tennessee, Alabama, North Caro
lina: no trust and no storm. Tempera
tures overnight were higher in Oklahoma
and west Texas, and on the whole are
not even as low as on August 30 and 31
last year.
The government predicts warmer
weather in the northern belt.
A large spot house at Dallas. Texas,
wires us: “Spot demand increasing; basis
advancing; market can not give away
much while this condition lasts.”
Dallas, Texas, wires: ‘Newspaper re
ports show storm damage night before
last greater than reported in Ellis, Dallas.
Johnson and McLean counties. Good in
dications of more rain liertr’ soon. Spot
basis increasing st length each day and
country selling only moderately.'
Our traveling man wires from Cleburne,
Texas: “Showers continue in central and
north Texas, delaying gathering and re
ducing grades.”
Habersham King says: “A striking il- i
lustration of how une week’s develop- I
i ments may be unsafe as a guide has been
i presented this The fact that the
I threatened gulf storm has run its course,
' though I am nut yet in possession of the*
.details <>f (he rainfall accompanying it. ill
i has enabled me to record this threatened I
4iisaster as a so lice of benefit Io the en- j
tire states of Alabama. Mississippi and
Tennessee, stopping deterioration where;
they, with original cunditjuns to follow, I
recover the loss sustained for the past I
ten days.
‘•The Atluniies with the exception of
seveial small areas producing a total of
perhaps half a million bales de
terioration continues, had already at
tained this condition, together with Okla
homa, so that Arkansas and the western
and central parts of 'Cexas represent the
lemalnlng portion, showing continued de
; t«*rior*jtion. as tiie showers of the week
| in Texas has been too small and scat
tered to afford any relief.
“I call attention to the Texas analysis
for the reason that I do not include the
wlmle state m the deterioration. ’
I'oihiwhig air IV a m bide. October.;
. 11. <’.») December, 11.70 January, 11.78. |
Mereb. 1 1.91
iLsi ina.ru receipts Frida)
I \evk oib'iuiH !,svo to I.B'lo ’ !»:>1 I
Galveston .IJHIO to 21.500 18,7 10
THE ATLANTA GEORGIAN AND NEWS. Till KSDAI. SEPTEMBER 19. 1912.
Fjhe WEATHER ]
Conditions.
V\'ASHINGT< JN, Sept. 19. —There wit!
be showers tonight or Friday in the re
gion of the Great Lakes, in the north At
lantic states and on the south Atlantic
coast. Elsewhere east of the Mississippi
river the weather will be fair tonight and
Friday. The temperature will be some
what lower in the Atlantic states tonight.
General Forecast.
Following is the forecast until 7 p. m.
Friday:
; Georgia Fair tonight and Fridai, pre-
I ceded by showers on the coast; slightly
' cooler tonight.
| Virginia -Generally fair tonight and i
' Friday; slightly cooler tonight.
North and South Carolina -Fair tonight ;
i and Friday, preceded by showers on the .
coast; slightly cooler tonight.
Florida--Local showers tonight or Fri- i
day.
Alabama and Mississippi—Fair tonight
and L'rida.v.
IlHnofA. Missouri and Wisconsin—Fair.
Indiana- Cnsettled.
Michigan, .owa, Nebraska. Dakota and
Kansas -Unsettled with showers.
BUTTER. POULTRY AND EGGS.
NEW YORK, Sept. 19.—Dressed poul
try. quiet; turkeys, 14@23: chickens, 14@
25; fowls. 13®21; ducks, 18® S'-
Live poultry, active; chickens. 19®20;
fowls, 1.8; turkeys, 15; roosters, 12; ducks.
14® 1.712; geese, 12 asked.
Butter, firm; creamery specials, 28@
29H; creamery extras, 20$a asked; state
dairy, tubs, 22@21); process specials. 26®,
26,2.
Eggs, strong: nearby white fancy, 5$
asked; nearby brown fancy, 31®32; ex
tra firsts, 29® 31; firsts, 24® 25.
Cheese, firmer: white milk specials. 16
®1(: | 4 : whole milk fancy. 15»*; skims,
specials, skims, fine. Il^ftll’i;
full skims. 4®6’5.
NEW YORK GROCERIES.
NEW YORK, Sept. 19. —Coffee, steady;
No. 7 Rio spot. 14»«®)15. Rice, firm; do
mestic, ordinary to prime. 4’,(as\. Mo
lasses. quiet; New Orleans, open kettle. 36
® 50. Sugar, raw. steady: centrifugal,
1.36: muscovado, 3.86: tnolases sugar. 3.61;
refined, steady; standard granulated. 5.15
®5.25; cut loaf. 5.90® 6.00; crushed, 5.80®
5.1'0: mold A. 5.45®5.55; cubes. 5.30®5.45;
powdered. 5 20®5.30; diamond A, 5.10;
confectioners' A. 4.85®5.05; No. 1. 4.85®
4.95: No. 2. (.80® 4.90; No. 3. 4.75® 4.85;
No. 4. 4.70® 4.80.
NEW YORK COFFEE MARKET.
: Cofi'ee quotations:
I opening. | Closing. ~~
I laiiuu ry '13.75® 13.80 Hi.7l 'u 13.73
Februaryl3.72® 13.80 13.70® 13.72
j Maii h13.73® 13.80 12.70® 13.71
; Apiill3.7o® 13.80 13.72®13.73
; May 13.76 13.73®13.74
lune L3.7U® 13.70'13.72® 13.73
I .Jul.'l 1.73 13.71® 13.72
| August .... 13.70 13.71® 13.72
| Sepienibir ' I.SI 13.80® 13.80
October . . 13 .'s® 13.83 13.76® 13.78
; Novemlwr 13.75® : 3.831.3.75® 13.77 I
J December . 1X74 13.73® 13.76;
Closed steady Sales, 30,250 bugs.
COTTON MARKET OPINIONS.
Logun A Bryan: "We still think buy
ing side on all soft spots li< the best."
.1. S Baehc & Co.: "We think the dis
tant positions are a purchase on suy soft
spots."
Biiilej A M<>nißuiii<-i > "It is a weath
er mnrkei and w advise operations ae
| cordlngly "
. Miller A <’o "We advise purcliases on
S< ift spots. ’
Nordsn A Co "W* advise selling on
lliese upturns."
Thompson, Towle A Co. "The market
I mm look sluggish (or s while, but we an
tlelpulv no linpoiisnt decline. **
FACT AND GOSSIP I
IN MONEY MARTS
L
United States Is Now in First
Stage of Long Period of
Prosperity.
By B, C. FORBES.
NEW YORK. Sept. 19.—Well, the busi
ness boom is gathering full steam. Tight
money is acting as a brake in the security
market and the polittcians are throwing
. a few stones on the tracks, but the boom
promises to keep the rails and to go ahead
rapidly. The roll call of favorable fac
tors is indeed impressive. The optimists
can point out an almost endless array of
inspiring developments.
Crops, taken by and large, will ex
ceed any ever produced in one year in
any land on the face of the earth. The
government, always cautious in its esti
mates. reports that all the major harvests
either will reach new high records or
greatly exceed the average, while so
called minor crops, such as hay and oats,
are abundant. With the American farmer
leading the procession, prosperity ought
to be assured.
Fortunately or unfortunately for Amer
ica. Europe will have to buy enormous
supplies of cereals from us, as the crops
abroad are disappointing. In England
they are about the worst in a generation,
while in one or two continental coun
tries, Including Germany, the agricultural
outlook is also distressing. The prospec
tive demand from abroad can not but
stimulate prices here —a fact, however,
that is not wholly pleasing, inasmuch as
it will mean that home consumers, many
of whom are less well off than the farm
ers, will have, to pay through the nose for
supplies.
Many Industries Expanding Rapidly.
The United States, however, will be
thus enabled to liquidate its indebtedness
to foreign bankers and, if need be, levy
upon European gold to assist in market
ing our bounteous crops.
Different industries are viefng with one
another in reporting progress and ex
pansion.
Never was the inquiry for iron and
steel so keen as it has been during re
cent months; copper production is eclips
ing all previous totals, yet consumption
is keeping pace with the increase in sup
ply; the current production of coal is
reaching amazing figures, but here also
the consumption is more than sufficient
to take care of every’ ton mined.
Buildings are being rushed up on all
sides, cotton and w’oolen mills are run
ning at maximum capacity permitted by
the available supply of labor, the multi
tude of industries supplying material for
railroads are swamped with orders, as
the unprecedented volume of traffic can
not possibly’ be moved with reasonable
dispatch unless motive power, rolling
stock, etc., be greatly’ increased.
Public’s Attitude Changing.
The leather trade reports activity,
wholesale buyers of lumber find that
prices are marked up between the send
ing and the receipt of orders, the auto
mobile industry continues to expand won
derfully, while general activity’ is re
flected by the increasing gross earnings
of our railroads, a notable rise in the
tide of bank clearings and a scarcity of
labor.
These concrete evidences of prosperity
could’be amplified by many others not. in
a sense,-les? important. For one thing,
a distinct change is overtaking the pub
lic’s attitude toward capital. The poli
ticians have pretty well reached the end
of their tether.
The people are no longer clamoring, for
example, for rhe punishment of the rail
roads, for they recognize that unless our
great system of transportation receive a
fair deal investors will not supply the
money needed „to provide facilities for
moving the merchandise necessary for the
sustenance of life. Rancor and bitterness
have given way to reason and temper
ance.
Business Again in the Saddle.
The signs aye—although they may not
yet be visible to every eye—that busi
i ness is to enter the saddle again, and
that strife-stirring, self-seeking, profes
sional politicians ara to be unhorsed.
Moreover capitalists, as a rule, are
learning to act less high-handedly. Their
i reformation, no doubt, has been acceler
ated by fear: yet. as President Frank A.
Vanderlip,, head of the largest bank in
the United States, remarked to me the
other day, the change in attitude has been
In a large measure due to "a moral awak
ening—a quickening of conscience among
our men of affairs, particularly those of
the younger generation.’ This is not flub
dub; it is the truth, although scoffers
may deny it and attribute every mani
festation of decency to dread of prison
cells.
The American people, in short, are no
longer running amuck. They are striving
to see things in their proper perspective.
All Makes for Better Era.
They are not less determined than here
tofore to correct abuses, of which many
still exist. But in such matters as tar
iff revision, regulation of railroad rates
|and treatment of industrial combinations
they are bent upon acting calmly, judi
ciously and effectively, Instead of hit
ting frantically at every form of capital
and everything connected therewith.
Al! this makes for a better era for the
United States. But —unhappily’ there
f must be a "but”—eyes must not be shut
to one or two restraining Influences.
Why is Wall Street not swelling the
prosperity chorus? Why have not stocks
advanced during the last three months,
notwithstanding so many helpful happen
ings? Why are banking institutions liq
uidating some of their best securities?
Why has the Bank of England stiffened
its charges tor extending accommodation,
and why does Berlin threaten to follow
suit?
Money Rates Crawl Upward.
The truth is that, thanks to our intol
erable currency system, money can not
be provided comfortably to finance bump
er liarvests and booming business at the
same time. Often attention has been
directed in these articles to the threat
ened dearness of money this fall. Already
the money market is having a chilling ef
fect upon securities.
Although the East is not yet shipping
funds to the West in earnest, interest
rates have already gone up quite sharply, I
and everything suggests that still higher I
terms will rule before the end of October. ,
The effect of dear money, however, is I
likely to be greater In Wall Street than
elsewhere
The presidential election is now only
seven weeks distant, and, although all the
i ondidates are expressing more or less re
gard for business, it is scarcely to be
expected that our financiers will become
ul tr» - enthusiasts at this juncture
Hut unless something extraordinarily
I disastrous overtake:’ the United Stales u
I period of greater prosperity than any yet
kilos n should be enjoy ed sot a yeat in
• two after the opening of 1»1S. I
SMALL CHKSI
i IN COTTON PRICE
Market Nervous and Erratic on
Rumors That King’s Esti
mate Will Be 16,000,000.
NEW YORK. Sept. 19.—A general buy
ing wave prevailed upon the cotton mar
ket at the opening, causing prices to
open 2 to 8 points above last night's close,
chiefly the result of better cables. The
weather conditions over the belt last
night were perfect. After the call the
market became unsettled on the govern
ment predicting warmer weather in the
northern belt and prices sagged a few
points from the early range.
During the late forenoon trading there
became a genera! selling wave by com
mission houses and the ring crowd, led
by’ Schill, with no support, hammered it
down 15 points. This selling movement
was started on rumors that the estimate
of Habersham King would be 16.000,000
bales. This, however, has not been con
firmed and prices during the afternoon
session sagged about the low ebb of the
day. The selling continued general while
the buying was scattered and moderate.
Spot demand reported good throughout
the South, and there is said to be some
good mil! buying here.
At the close the market was steady,
with prices showing a decline of 1 to 1
points from the previous close.
RANQE OF NrW YORK FUTUWML_ I
C .c • a-. •
<e m * s Jg I
O cl u £
O s 4 J® U CLO
Sept. i ; 111.27-29 11.28-30
Oct. 11.40 11.42|11.26(11.28|11.31-32 11.32-33
Nov 11.43-45 11.45-46
Dec. 11.65 11.67 11.52 11.57(11.56-57 11.58-59
Jan. 11.65 11.67 11.50(11.56(11.56-56 11.57-58
Feb. 11.72'11.72 11.72H1.72 t 1.61-62 11.63-65
Mar. 11.76111.82'11.67 1.1.71(11.69-71 11.73-74
May 11.84 11.87!11.75j11.77111.77-78 11.80-82
July 11.82'11.92(11.78:11.81(11,81 11.80-81
Closed steady.
Liverpool cables were due to come >4
point lower on October and 1 to 2% points
higher on other positions, but opened
quiet 1 point higher; at 12:15 p. m. the
market was 4%<ii's% points higher. At
the close the market was quiet with prices
a net advance of 3 to 5 points over the
final figures of Wednesday.
Fair business being done in spot cotton
with a 6 point advance; middling 6.82 d;
sales 10.000 bales, including 7.000 Ameri
can bales.
Estimated port receipts today 30.000
bales, against 29.855 last week and 39,779
last year, compared with 29,990 the year
before.
RANGE IN LIVERPOOL FUTURES.
Futures opened steady.
Range. 2 P. M. Close. Prev.
Opening i Prev.
Sept. . . . 6.55 -6.561 ii 6.60 6.591 L 6.54%
Sept.-Oct. 6.40 -6.44 6.48 6.44 6.40
Oct.-Nov. 6.36%-6.40 6.42% 6.39% 6.35%
Nov.-Dec. 6.30%-6.30 6.37 6.34 6.30
Dec.-Jan. 6.30 -6.34 6.34% 6.33% 6.30
Jan.-Feb. 6.31 -6.35 6.35 6.34% 0.31
Feb.-Meh. 6.32 -6.35 6.38 6.35% 6.32
Meh.-Apr. 6.33 -6.37 6.38% 6.36 6.33
Apr.-May 6.33%-6.37 6.40 ‘ 6.37 6.34
May-June 6.35 -6.38 6.40% 6.38 6.35
June-July’ 6.35 -6.37 6.39 6.38 6.34%
July-Aug. 6.34 -6.36% 6.39 6.37% 6.34
Closed quiet.
HAYWARD & CLARK’S
bAILY COTTON LETTER
NEW ORLEANS, Sept. 19.—Liverpool
continues firmer than expected, showing
increased spot sales. Total today 10,000
bales at 6 points higher quotations. Fu
tures were about 4 points better than due.
Bullish intentions and operations in New
York continue the controlling factor in
our market. Anticipation of a bullish Oc
tober bureau, crop deterioration during
the brief hot spell and the possibility of
future storm or frost damage seem to
be the basis for the bulling.
A particular feature there is the widen
ing of December from October. There is
considerably straddle interest here, long
of October against short in Liverpool, and
as no profitable liquidation of these strad
dles has been possible so far, and as w’e
are getting close to October notice day,
October longs are liquidating or shifting
to longs in December, causing the
strength of the latter position.
The market worked up to 11.75 J'or De
ceniber and trading settled around 11.70
for that option.
Spot brokers say that spot people
bought some cotton yesterday against
the high futres. which they offered to
Europe, but that very few of these of
fers were accepted.
RANGE IN NEW ORLEANS FUTURES.
V I 60 F O So
a- o ss ° t. 2.
° I ” >4 Uaa | U
Sept. I i I (11.51 ill 54
Oct. 11.54ill.60'11.47(11.51111.51-52111.54-55
Nov. | 11.59-61(11.63-65
Dec. (11.68'11.75’11.58 11.63111.63-64:11.67-68
Jan 11.73(11.81111.65'11.69:11.69-70 11.73-74
Feb. 11.71-73111.75-77
Meh. 11.90111.98111.82(11.87(11.86-87(11.90-91
April I jll.BB-90111.92-94
Mav 12.01(12.06:11.97|ll.98(11.96-97 12.00-02
July 12.12 11.12111.12:11.12,11.06-08 12.10-12
Closed steady.
SPOT COTTON MARKET.
Atlanta, nominal; middling 11%
New Orleans, steady; middling 11%.
New York, quiet; middling 11.85.
Boston, quiet; middling 11.85.
Philadelphia, quiet: middling 12.10.
Liverpool, steady; middling 6.82 d.
Augusta, quiet: middling 11%.
Savannah, steady; middling 119-16.
Mobile, quiet: middling 11%.
Galveston, quiet; middling 11%.
Norfolk, firm; middling 11%.
Wilmington, steady; middling 11%.
Little Rock, quiet; middling 11 3-16.
Charleston, steady; middling 11%.
Baltimore, nominal: middling 11%.
Memphis, quiet; middling 11%.
St. Louis, quiet; middling 11%.
Houston, quiet; middling 11%.
PORT RECEIPTS,
The following table shows receipts at
the ports today, compared with the same
day last year:
| 1912. | 1911,
New Orleans .... 1,86., | 2,422
Galveston ’ 1.5,102 I 12,596
Mobile ( 437 884
Savannah 14.882
Charleston 1.288 2.087
Wilmington 1.931 4,236
Norfolk 1,420 2.672
Boston . | 13 :
Various ; 2,872
Tots L _ 29,025 39,
INTERIOR MOVEMENT.
i 191 F '' ' 1911'
Houston 24,399 ( 1’9.’286
Augusta 1,088 4,315
Memphis 281 311
St. Louis 13 330
Cincinnati 50
Little Kock. . . _ I 68 _
Total. 2.1.781 ' ' ;*4,26u
NEW YORK RPODUCE MARKET.
NEW YORK. Sept. 19. - Wheat steady;
September 1.‘)3. Deecmber 99%fr»99%, spot
No. 2 red 1.03% In elevator and 1.03%
if. o. b Coin dull; No. 2 In elevator
nominal, export No 2 59% f. o. b., steam
er nominal, No. 4 nominal, oats steady ;
| natural white 36<q38, white clipped new
.■’9<u42 Rye quiet , No. 2 nominal f. o b.
New York. Barley steady; malting new
t»('(u8l e. i. I. Buffalo. Hay stead' - , good
to prime ikl'til.bG, poor to fair 90<&1.10.
Flout quiet: spring patents 480 u 5.25,
straights 4.6oty‘ 80. clears win
ter patents s.uo<i 5.50. straights t 60t04 75.
clears 4.304> 4.45.
Href ouiet famil' 19.0nt0 19.50 Pork I
taay. mess l 9 75:p20. family 21.U0t021.50.
I*til -te.idy : city st< am 11 asked, middle |
West siot 11 Mi Tallos ateady; city tin'
I hog headsi •:% nominal, country on
• liClie»< Oto*’.- I
Mm can
STOCKS LEADER
Large Interests Accumulate i
This Issue, Causing Big
Gain—Other Changes.
By CHARLES W, STORM.
NEW YORK, Sept. 19.—Canadian Pa
cific was the exception to a strong open
ing of the. stock market today, declin
ing from % to 1% on the first few trans
actions. After a few minutes’ trading,
however, the demand ceased and prices
receded.
Among the initial gains were United
States Steel common %. Amalgamated
Copper %, American Smelting %. Erie
common %, Erie preferred %, Baltimore
and Ohio %, Reading %, Lehigh Valley %,
Union Pacific %. Southern Pacific % and
Southern Railway' %.
Labor troubles in the copper field
around Bingham, Utah, caused some
weakness in that group. Utah Copper de
clined %.
Westinghouse was a strong specialty,
advancing
The curb market was steady.
Americans in Ixmdon were slow on
professional trading.
Canadian Pacific in Ixmdon was de
pressed by' profit-taking.
A steady tone prevailed in the late trad
ing. there being lltle change in the lead
ing railroads and industrials. What price
I changes there were ranged upward.
The market closed firm. Governments
unchanged; other bonds steady.
Stock quotations:
I | Last | ClosTpreU
STOCKS— IHighlLow.lSale.l Bld. Cl’se
Amal. Copper.) 88% 87% 88 88 87%
Am. Ice Sec... 23% 23
Am. Sug. Ref. 127% 127 127 127 121%
Am. Smelting ! 86% 85% 86 85% 85%
Am. Locomo..! .... 43% 43
Am. Car Fdy.. 60% 60% 60% 60 60
Am. Cot. Oil . 57% 57 57% 56’4 57%
Am. Woolen .1 28 29
Anaconda -....( 46% 46% 46% 46% 46%
Atchison 108% 108% 108% 108% 108%
A. C. L 141 141
Amer. Can ...; 44% 42% 44% 44% 42%
do, pref. . ,|126% 121% 126 123 121
Am. Beet Sug.| 77 75% 75% 75% 76
Am. T. and T. 144% 144% 144% 144% 144%
Am. Agrlcul. .! 58 58%
Beth. Steel ... 41% 41% 41% 41% 41
B. R. T | 90% 90% 90% 90 90%
B. and 0 107% 107% 107% 107 107%
Can. Pacific ..|276% 275% 276 275% 277
Corn Products | 15% 16%
C. and 0 80% 80% 80% 80% 80%
Consol. Gas ..146 1+5% 145% ....1+5%
Cen. Leather .1 31% 31% 31% 31% 31%
Colo. F. and I. 36% 35% 35% 35% 35%
Colo. Southern .... 39 39
D. and H 169 168
Den. and R. G 21% 21%
Distil. Secur. .. 3+% 3+ 34% 33% 33%
Erie L 36% 36%( 36% 36% 36%
do. pref. 54% 54%! 54% 5+% 53%
Gen. Electric .182 181 181% 182 182%
Goldfield Cons.: * 3 2%
G. Western .. 18% 17% 17% 17% 17
G. North., pfd. I+o% 140% I+o% I+o% 139%
G. North. Ore.! 46 +5%
Int. Harvester 125% 124% 124% 124% 125
111. Central ..(130 130 130 128 130
Interboro I 20% 20 20 .... 20%
do, pref. .. 60% 60% 60% .... 60%
lowa Central ( 11 11
K. C. Southern] 27% 27%
K. and T 29% 29%
do, pref. .. 63% 63
L. Valley . . .(169%(169 (169 169 168%
L. and N.. . .1163 162% 162% 162 162%
Mo. Pacific . .' +2%; +l% +2 41% +l%
N. Y. Centra! 1115%1115% 115% 114% 115
Northwest. . . ....] 139 139
Nat. Lead . 60%l 60% 60% 60 58%
N. and W.. . 117%i116% 117% 117 117
No. Pacific . ,1128%|128 128% 128%:127%
O. and W 36%i 36%
Penn 124% 124 124% 124 424
Pacific Mail I 30% ! 31
P. Gas Co. . . 117%(117% 117% 117 ]117%
P. Steel Car 37 (37%
Reading . . . :169%f168% 169%1169 T 68%
Rock Island ' 27% 26%; 27%: 27%- 26%
do. pfd.. . .' 53 52%! 53% 53%; 52%
R. 1. and Steel 28% 28% 28% 28%< 28
do. pfd.. . .! 90 89% 89% 89% 89%
S.-Sheffield. .( .... 55 I 55
So. Pacific . . 110% 110%|110% 110% 110%
So. Railway. . 31% 31 31 31% 31%
do. pfd 85%! 85%
St. Paul. . 107% 107 107% 107% 107%
Tenn. Copper 43% 43% 43% 43% 43%
Texas Pacific 24% 24% 24% 24% 24%
Third Avenue 36% 36 I 36% 36% 36%
Union Pacific 171% 170%'170% 170%i170%
U. S. Rubber 53% 53 ;53 ; 62% 52%
Utah Copper . 64’4 64 ; 64 64 65%
U. S. Steel . . 74% 74 I 74%: 74% 74
do. pfd.. . .113% 113% 113% 1113% 113
V.-C. Chem. .1 46% 46 , 46% 46 I 45%
West. Union . ( 81%; 81%! 81% 81 I 81%
Wabash. .... 4%. 4% 4% 4%| 4%
do. pfd.. . . .... .... ....I 14% 14%
W. Electric 85%: 85 ; 85%: 85% 84%
Wis. Central .: ....(.... I ....; 59 59
slaryland . | ..j 55 %| 65%
Total sales, 371,000 shares.
MINING STOCKS.
BOSTON. Sept. 19.—Opening: Fruit,
177: Wolverine, .80; Ray’ Consolidated, 23;
Giroux, 5%: Utah Apex. 2%.
THE METAL MARKET.
NEW YORK, Sept. 19.—Activity’ and
strength were shown in the metal market
today. Copper spot and September, 17.25
’it 17.75; October and November, 17.25@
17.50. Lead. 5.15t05.25; spelter, 7.37% (a
7.75; tin, 49.97%@50.25.
LOCAL STOCKS AND BONDS.
Bid. Asked.
•Atlanta Trust Company.... 117 120
Atlanta and West Point R. R. 148 150
American Nat. Bank 220 225
Atlantic Coal & lee common. 101 02
Atlantic Coal Ice pfd 91 92%
Atlanta Brewing & Ice C 0.... 171
Atlanta National Bank 325 ...
Broad Riv. Gran. Corp 35 25
do. pfd 71 74
Centra! Bank & Trust Corp 147
Exposition Cotton Mills ]65
Fourth National Bank 265 270
Fulton National Bank 130 131
Ga. Ry. & Elec, stamped 126 127
Ga. Ety. & Power Co. common 28 30
do. first pfd 83 86
do. second pfd 44 46
Hillyer Trust Company (See
Atlanta Trust Co.)
Lowry National Bank 248 250
Realty Trust Company 100 103
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. Gran. Corp. Ist 6s 90 95
Georgia State 4%5, 1915, 65.. 101 102
Ca. Ry. & Elec. Co. 5s 103% 104%
Ga. Ry. A- Elec. ref. os 100% 103
Atlanta Consolidated 6s 102% ...
Atlanta City 3%5, 1913 90% 91%
Atlanta 4s. 1920 98% 99%
Atlanta City 4%5, 1931 102 103
• —Ex-dividend 10 per cent.
LIVE STOCK MARKET.
CHICAGO. Sept. 19. -Hogs—Receipts
15.000 Market. 5 to 10c higher. Mixed
and butchers. 7.85t08.75; good heavy. $8.30
<u8.60; rough heavy. 37.80®8.20; light
pigs, |6.»0t0 8.50; bulk. $8.20®
Cattle Receipts 5,500. Market, weak;
beeves, $6.50® 11.00; cows and heifers,
$2.50® 8.75; Stockers and feeders, $4.40®
7.2.1; Texans, $6.5u®8.85; calves, $9.50®
$11.50.
Sheep Receipts 18.000 Market, steady
to 10c lower; native and \Vesteru.4sJ."U a
4.60: lambs, $4.25®7.60
DRY GOODS REVIEW BULLISH;
HOSIERY TRADE BUOYANT
NEW YORK, Sept. 19 The Dry Goods
Review reports values on most cloths
tending higher. With few hopes of low
prices for 1913. Inquiries for drills ami I
sheetings yesterday give promise of early
leeumptlon of contracting for spring deliv
( cries The hosiery trade for spring is '
I buoyant Prints are quiet, bleached cot •
I tons ar.- expected to be dull during the
| balance of the month. Cotton yarn buy-
I 'rs operating in moderate way and are
1 not being Influenced by fears of advances
• later.
iMIILffIIN
; CEMICES
I
i Better Weather and Larger
Receipts Serve to Cause
Some Selling.
ST. LOUIS CASH QUOTATIONS.
t
Wheat—No. 2 red 103 @lO4
Corn 70%
Oats 32 %@ 33%
CHICAGO, Sept. 19.—The entire grain
list was lower this morning, wheat los
ing %c to %c, corn %c to %c and oats
about %c. There was a lack of specula
tion in wheat, corn and oats, ana those
who bought yesterday were inclined to
do some selling this morning. The bulls
In corn were disappointed at the ab
sence of frost. The advices from Liver
pool showed the wheat and corn markets
higher there because of smaller Argentine
shipments and the fact that the wheat
in France is of rather poor quality.
Provisions were higher with hogs.
Wheat closed % to %c lower and rest
ing spots were around the bottom levels-,
with the exception of the December,
which possessed some recuperative pow
er. Shorts in that month were covering
late on the general belief that the big
men of the trade have a line of that
month as well as a line of May.
Corn closed with September %e better
December %c lower, and May off about
%c. This market was unsettled, as ft is
a weather affair at the moment and will
continue such until the crop is out of the
way of frost.
Oats showed considerable strength, es
pecially in the sample crowd, where
everything was well taken. The Sep
tember future was up %c, December was
%c lower, and May was a small fraction
better.
Provisions closed irregularly and high
er. Cash sales were: Wheat, 10,000 bush
els; corn, 190,000 bushels; oats, 220,000
bushels.
CHICAGO GRAIN MARKET.
Grain quotatlons:
Pr«v.
Open. High. Low. Close. Close.
WHEAT—
Sept. 91% 92 91% 91% 91%
Dec. 91% 91% 91 91% 91%
M c?orn s7 ’ 96? i 95% 96T * 96 ‘*
Sept. 70% 71% 70% 7t% 70%
Dec. 52% 53% 52% 63% 535,
May 52% 52% 52% 52% 52*4
OATS—
Sept. 32% 33% 32% 33% 32%
Dec. 32% 32% 32% 32% 32%
M 4 * 34 **
Spt 16.75 16.82% 16.75 16.80 16.80
Oct 16.90 16.92% 16.82'% 16.85 16.85
Jan 18.20 18.30 18.15 18.22% 18.10
LARD—
Spt 10.85 10.85 10.82% 10.82% 10.77%
Oct 10.85 10.96 10.85 10.92% 10.82%
Jan 10.45 10.47% 10.42% 10.47% 10.37%
RIBS—
Spt 10.60 10.70 10.60 10.70 10.55
Oct 10.52% 10.60 10.50 10.60 1Q.47%
Jan 9.80 9.82% 9.77% 9.82% 9.70
LIVERPOOL GRAIN MARKET.
Wheat opened %d to %d higher; at 1:30
p. m. the market was %d to %d higher.
Closed %d higher to %d lower.
Corn opened %d higher; at 1:30 p. m.
the market was %d to %d higher Closed
',4d lower to %d higher.
CHICAGO CASH QUOTATIONS.
CHICAGO, Sept. 19.—Wheat. No. 2 red.
1.04@1.06; No. 3 red. 97@1.02; No. 2 hard
winter, 92%@94; No. 3 hard winter. 88@
91; No. 1 northern spring, 93@95: No. 2
northern spring, 91@93; No. 3 spring, 87
@92.
Corn No. 2, 71%@73; No. 2 white, 74@
75; No. 2 yellow, 73<®74; No. 3, 71%@72%;
No. 3 white, 73%@75; No. 3 yellow, 72.%@
73%; No. 4, 70%@71%; No. 4 white, 73;
No. 4 yellow, 70%<& 73.
Oats. No. 2 white, 36%@36%; No. 3.
31%; No. 3 white. 32%@34; No. 4, 31%:
No. 4 white, 32@33; Standard, 34@35%.
CHICAGO CAR LOTS.
Following are receipts for Thursday and
estimated receipts for Friday:
IThursday.l Friday.
Wheat 23t : 248
Corn 318 I 280
Oats 261 219
Hogs 15,000 I 13,000
PRIMARY MOVEMENT.
~WHEAT— 1912. 191 f.
Receipts ..... .1 2.149,000 E179.000
Shipments 1,349,000 698.000
CORN— 1912. | 1911,
Receipts 222,000 I 304,000
Shipments 900,000 | 712,000
patteiTsupportTgrain,
STIMULATING_THE MARKET
CHICAGO, Sept. 19.—The Inter Ocean
says: "Prices in wheat have been on
the upgrade for three days in the face
of big receipts in the Northwest and
bearish news from abroad. It has been
a case of one bear buying from another
Those who have studied the market
closely’ say trade has been too bearish
and has discounted the present depress
ing factors in the recent decline. The
corn trade is having its usual frost scare,
which comes around at the equinoctial
Seriod. and while there may not be anv
amage of consequence to the crop from
the low temperatures, the oversold con
dition of the market, combined with the
assistance given by Patten and others on
the buying. Is making it easy to advance
prices. Deliveries on September con
tracts yesterday were 110.000 wheat and
40,000 oats."
COTTON SEED OIL.
Cotton seed oil quotall ons:
I Opening. | Closing.
Spot I I 5.30@6.6#‘
September ... J 6.38@6.40 1 6.32®6.35
October : 6.14@6.16 6.09@6.11
November .... 5.93@6.95 6.90@5.92
December ... .1 5.92@5.95 1 5.90@5.91
January 5.9265.95 I 5.90@5.91
February 1 5 946 5.96 5.90(85.9+
March 1 5.97®5.99 5.95@5.96
May ! 6.09@6.12 | 6.05@6.10
Closed steady; sales 8.700 barrels.
ATLANTA LIVE STOCK MARKET.
(By W. H. White. Jr., of the White Pre
vlalon Company.)
Quotations based on actual purchases
during the current week:
Choice to good steers, 1,000 to 1,200. 5 25
@6.00; good steers. 800 to 1,000, 5.00@5.25;
medium to good steers, 700 to 850, 4.25(p>
4.75; good to choice beef cows, 800 to 900
4.00 @4.50; medium to good beef cows. 70(i
to 800, 3.50® 4.00: good to choice heifers.
750 to 850. 4.00® 4.v0: medium to good
heifers, 650 to 750. 3.50@4.50.
The above represent ruling prices on
good quality of beef cattle. Inferior
grades and dairy types selling lower.
.vlixed common steers, If fat, 700 to 800
3.50® 4.25; mixed common to fair, 600 to
800. $3,254) 4 00; good butcher bulls. 3.00@
3.75.
Good to choice Tennessee lambs. 60 to
80. 4%®5%; common lambs and yearlings.
'i%®4; sheep, range. 24:4
Prime hogs. 160 to 200 average, 8.25 ®>
8.75; good butcher hogs, 140 to 160, 7.75®
8.25; good butcher pigs. 100 t 0140, 7.00®
8.00; light pigs. 80 to 100, 6.75417.25; heavy
rough bogs. 200 to 250, 7.00(83.00.
Above quotations apply to corn-fed
hogs Mash and peanut fattened nogs
l'@l%c lower.
Cattle receipts normal, market uneven
I and lower. Several loads of good, fleshy
I Tennessee cattle among the week's re
ceipts Commission men are expecting a
good run of both Georgia and TennMMe
cattle for the m>x* few weeks.
Sheep and lamb receipts about as us
ual Market unchanged to fraction lower
with a light demand
Hog receipts increasing Market lower
on lies'ie« xml unchanged on lights
17