Atlanta Georgian. (Atlanta, Ga.) 1912-1939, December 11, 1912, FINAL, Page 19, Image 19

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■MOTIN lehn OVER I SHIP SMI Manufacturers Complain That Ipaii Chiefs Are Trying to Dominate Conference. j, in tiie tanks vs the Btmumu ■ , ie) .. ga tes again was threatened !■;. dnumt hotel this morning SH-. . . S'lii’.uel ’l. Douglas, of Nashville, ring interests which, it is al- M | profit by a ship subsidy, ■ .1, introducing a resolution ■ r.ing (lie convention to the idea ■ . reliant marine. \\ I'inley. president of tile South- H ~ \,. n /'onipany, was in the ehalf, ■ -I regret, Mr Douglas, that y.' brought up this matter at H , b ~, \Ve have a number of prom- H ilr,.ad officials here whom W 6 < .' l „ hf lr from. They have cornel ■t-w distances. There is a separate! Hiit' titis afternoon for discussions of. S' . ..ant marine, and 1 shall rule’ .fir solution out of order, at the risk? ■f being overruled by the convention. 11 ■iiall call on Mr. Kriegshaber. vice’ . nt of the Chamber of Commerce, ■ . take the chair.” Ruled Out of Order. II "Wi 11. 1 have been trying 24 hours f ■r this question before the conven-' Hon.” asserted Mr. Douglas, “and have j Hot succeeded and I should like to Hitow at what hour the friends of the may have a hearing. ■ |>. m. Stewart, of Chattanooga, pres ■, <ut of a large manufacturing con-; H'-ru and representing at the confer- Hne. Chattanooga manufacturers with resources, said: ■ "Yes." Mr. Chairman, "there are a Humber of delegates here who are vi- H'dly int ’ ested in this proposed reso lution.” ,1 Mr. Kriegshaber ruled Mr. Douglas Hut of order, but the advocates of the Hueasu.e declare that thev will make a Hight for its passage at the afternoon ’S Friends of the resolution assert that ■ iiv railroad men are dominating the ■ oiif'*reii.-<-, that they have had the im- ■ m committee appointments and; ■ li, merchant marine advocates have,: ■vith one exception, been left off. They I ■ ; eplore the factionalism that has crop ■ivd out, but declare that an issue must made sooner or later. Atlantan Made President. Hl ' delegates honored Atlanta by Wilmer L. Moore president of ■ >:>• cimf.-r. nee for the ensuing year and ■Walter G. Cooper treasurer. Mr. Moore B-■ out of town and it is not known that But will accept, because of pressing ■business duties. Mr. Cooper declined Bor this reason and the body then left B I, s lection of treasurer to the presi- Bient agd an executive committee. The B invention expressed a prefe.re.nete for a ■ banket for this*’place, arid Robert F. I ■Maddox was mentioned. Tile secre-' ■tary-manager is to be chosen like the| ■treasurer. . || Tlu- ,-xecutive committee is composed i ■ (".'James W. Porch, of .New Orleans: i ■John A. Sibley/of Birmingham; Wilson I ■c. Harvey, of Charleston; G. I. Swig-j ■'tert, of Tennessee; E. 0; Painter, of | ■.iv•k.-oi:> i 11,.; 1". [j. Strachan, of Bruns- j ; Henry F. Baker. of Baltimore, dj ii'les V.. Hook, of North Carolina, M '.'>ns which join in the confer u'Oem "lit will be assessed SI. perl '' ''very hundred members and I ■ hu\, at least 500 members. Indi-I AN IDEAL GIFT FOR THE HOUSEWIFE .. n.„. wi ' ■Mr w I i Bi f I ' THE SANITARY MILK CABINET Protects the daily milk supply against the bad effects of summer’s heat or winter's cold. Powerful insulator creates vacuum that maintains even temperature from five to six hours. By its use your milk CAN’T FREEZE IN WINTER, CAN’T SPOIL IN SUMMER Save six first-page headings from consecutive dates of THE GEORGIAN. Present tnem, with $2.00 cash, at our office and get this practical and unique necessity. THE ATLANTA GEORGIAN Circulation Department. 20 E. Alabama Street Out-of-town subscribers add 25 cents for packing and shipping. STATE MOVES TO END OPERATIONS OF BOGUS INSURANCE AGENCIES Tile department of insurance has re ceived numerous complaints of late that bogus agents for industrial insurance companies have been operating through out the state, collecting premiums for companies they have no authority to represent. The department has given out a state ment, in response to these complaints, warning all policyholders not to pay premiums to persons personally un knuw* to them, unless such persons can show authority direct from the state department qualifying them, to collect. TURNER EXONERATED OF “MOVIES” CHARGES BY COUNCIL PROBERS After a long session of investigation of the official conduct of City Electri cian R. C. Turner, on account of charges that he had shown discrimination in granting motion picture machine opera tors licenses, the special committee of council will report to council an exon eration of Mr, Turner. The committee, which met yesterday afternoon, will recommend a number of [ changes in the law requiring examina tions of motion picture machine opera tors. They decided the requirements ' now’ were too lax. PRESIDENT TO VISIT PANAMA FOR DATA ON APPOINTMENTS WASHINGTON, Dee. 11.—Announce ment was made at the white house- to day that President Taft will go to Pan ama. He will leave here December 19 and sail from Key West on the battle ship Kansas. The president will re turn to Washington December 31. The visit to Panama will be made for the purpose of looking over conditions' on the canal zone and obtaining data for the appointment of officials to re place the present commission. SUFFRAGE FIGHT IN NEXT S. CAROLINA ASSEMBLY COLUMBIA, S. C„ Dee. 11.—Miss Evelyn Doragon, of Cleveland. Ohio, a suffragette, who has been in Columbia for several days in the interest of a woman’s suffrage bill, said 'before leav ing that the measure would be intro duced at the coming session of the South Carolina legislature. Who will introduce the bill she would not say. Miss Doragon has gone to Savannah, to work for the passage of a similar bill through the Georgia legislature and to work up tlie suffrage organization in that state. viduals may and corporations and firms must give SSO each. Finley Declines Place. L. E. Johnson, president of the Nor folk and Western railroad; T. M. Em erson, president of the Atlantic Coast Line; Mr. Campbell, assistant to the president of the Baltimore and Ohio railroad, and others spoke of the inter est which the railroads felt in the canal movement. .President Finley was offered a place on .a committee, but he decided that he would prefer to work in the ranks. ;,rr. Johnson declared it would be a mistake to put the railroad officials very high in the movement. The discussions of a subsidy have a bearing on the recent move of Bernar? D. Baker, of Baltimore, to make gov erment-owned ships ply the canal, with no railroad or railroad officer in terested in the lines. Thia project fell through for want of financial support, it is said, but the advocates of it de clared it would have made wholesome competition for the railroads. THE ATLANTA GEORGIAN AND NEWS. WEDNESDAY. DECEMBER 11. 1912. COTTON GOES OP ON SPOT OEM Increased Liverpool Sale Stim ulate Trade—Opinions Di vided on Estimate. NEW YORK, Dec. 11.—Increased sales in Liverpool resulted in a buying incre ment at the opening of the cotton mar ket today. The tone was barely steady, with prices a net advance of 3 to 5 points from last night's closing quotations. The big professionals were inclined to side step, awaiting the government estimate tomorrow at Ip. m., our time. The sell ing pressure that prevailed over the mar ket during the forepart of the week was not in evidence. However, the ring sold rather free!?, but the absorption by the larger spot interests firmly maintained prices in narrow ranges. After the call trading was less acffve and prices sagged a few points in most active positions from the initial figures. Futures tn Liverpool firm; spots steady and in fair demand. The aggressiveness of spot interests to day brought caused uneasiness among shorts, which brought out some short covering. However, there was very lit tle cotton for sale at times, but those who bought at lower prices furnished some of the cotton. New Orleans was said to have sold, also Wall Street sold, but it is more apparent that there are not any long lines In the market. About the most stimulating factor was the re port that John McFadden wfis very bull ish, saying the crop was not over 13,800,- bale.s and advised his friends to buy. This was said to have brought out a wave of good buying from a number of good sources, causing a rapid advance, when prices regained the initial decline, rally ing 3 to 8 points over the opening. «»JVith the market being heavily sup ported by the larger interests it is appar ent that all interests are centered on the bureau report and show caution in mak ing their op rations. Opinions are much mixed, but the feeling prevails that if figures are under 1.4,000,000 bales a good advance is evident. On the other hand figures over these would have a depress ing influence, causing a temporary de cline. Last year the government report estimated the output of 1912-13 at 14,885,- 000 Males. The market was dull during the after noon, traders seemed to be standing aside, prices were firmly maintained at the best figures of the day, which were said to be well evened up to meet the report. At the close the market was steady, with p;'icesl a net gain of 3 to 15 points from the final quotations of Tuesday. Semi-weekly interior movement: I 1912. I 1911. I 1910~ Receipts 1126,725 168.5231124,374 Shipments 1116,4571147.367:109.256 RANGE IN NEW YORK FUTURES. ! c ; . L . ® i < ® Xi? £ 2 1 s = Di- . O j Dec. , 12.42T12T2 ’12.4212.521 Jan. 12.55 12.64,12.51 12.62,12.62-63 12.50-51 Feb 12.6212.62-64,12.51-53 Meh. 12.64112.72'12.61|12.7212.70-71|12.59-60 April 12.66 12.56 May 12.60 12.6712.51.12.67 12.66-67 12.56-56 June 112.63 ,12.52-54 July 12.55 12.5412.52 12.64112.63-64 12.51-52 Aug. 12 44 12.55112.44)12.54 12.54-55'12.39-41 Sept. 12.0 C 12.0212.00 12.00 11.99-0111.96-12 < let. 11.84)11.90'11.81 11.90J1.89-90)11.80-82 Closed steady. Liverpool cables were due to come 6 to 7 points higher, but the market opened firm 5% to 6 points higher. At 12:1.5 p. m., the market was dull. 7% points higher on August-September and 6 to 6% points higher on other positions. At the close ;the Tliarket was nntet, with prices a net gain Os 4 to 6L. points from the final fig ures of Tuesday. Spot cotton steady and in fair demand at 7 points advance; middling 7.06 d; sales IC.OOO bales, including 9.00 C Ameri can; imports 22,000 bales, including 17,000 American: tenders, new docket, 1.000 bales. Port receipts are estimated today at 63,000. bales, against 76,052 last week and 66,191 last year, compared with 61,317 the year before. RANGE IN LIVERPOOL COTTON. Futures opened firm. Opening. Prev. Range. 2 I*. M. Close. Prev. Dec. . . . 6.79Ai-6.-781 2 6.79% 6.73% Dec.-Jan. 6.78 6.78 6.78 6.62 Jan.-Feb. 6.76 -6.75 6.76% 6.76 6.70 Feb.-Meh. 6.74%-6.73% 6.74% 6.68% Meh.-Apr. 6.72 -6.73 ti. 73% 6.73 6.67 Apr.-May 6.73 6.72 6.65% May-June 6.70 -6.71 6.71% 6.71 6.64% June-July 6.68 -6.69 6.70 6.69 6.63%' July-Aug 6.65 -6.66% 6.67 6.66 6.59% Aug.-Sept 6.65%-6.57 6.57 6.56 6.49% Sept.-Oct. 6.37%-6.3S 6.37% 6.32 Oct.-Nov. 6.34 -6.33 6.33 6.32 6.27 Closed quiet. NEWS AND GOSSIP OF THE FLEECY STAPLE NEW YORK, Dec. It.—N. L. Carpenter « t o.: The action of the market on open ing showed there was an overnight local short interest. Tomorrow is a great day for cotton traders. The government final crop esti mate will be made public. \ ery little was doing in the market to day; traders decided to hold oft until after bureau day. Spot buyers who have recently re- | turned from a trip over Texas say they I find most of the cotton very good in I grades; also Oklahoma cotton was good I in grades, but in Memphis they meet somewhat poorer grades, but still better than that offered last year. Cotton is being held in Texas at 40 points above Liverpool basis and holders are inclined to sell. The ginnings from November 14 to De cember 1, of 1,553,001 broke all previous records for the period. Walter H. Moler says that 85 per cent of the crop is ginned and that making a total of 14,300,000 bales, including linters. Georgia is beginning to surprise every one as to the size of its output this sea- ? an no lon Ker be estimated at 1,600,000 bales, which has been the pre diction of many estimaters from the in itial of the season. Its ginnings to De cember 1, were 1,563,443 bales. while trading was not of a large char acter today offerings were rapidly ab sorbed, most of whienfeame from spot in terests. Mitchell, Gwathuiey, Schill and Riordan were the leading buyers today. Very lit tle cotton was for sale. The ring crowd covered shorts today. Russell, Wilson, Hartcom, Shantz, Hub bard and Schill were leading sellers dur ing tlie forenoon trading. Ti’s. average guess of 131 members of the New York cotton exchange for the crop was 13.850.0U0 bales. Dallas wires as follows:' “Texas gen erally cloudy and cold; raining in south ern and eastern portions; 20 above at Amarillo. Oklahoma generally fair and cold." Following are 11 a. m. blds: December, 12.4 <; January, 12.56; March. 12.67; May, 12.63; July, 12.60. NEW ORLEANS, Dec. 11.—Hayward & Clark: The weather map shows cloudy in the entire belt, general rainfall in Okla homa and Arkansas, further rains in the southern half of the belt and Atlantice. Galveston section, disturbance off Texas coast; will move eastward and cause brisk to high northerly winds this after noon and tonight; much colder; small craft warned on Louisiana coast and bal ance of Texas coast. The New Orleans Tlmes-Democrat says: In the effort to discount the gov ernment's cotton crop estimate due to morrow afternoon, the talent is confront ed by an uncommon condition of affairs. The second largest crop is promised, the largest consumption on record is prom ised and now almost seems assured. Last year’s consumption was as large as this year’s crop, and is likely to prove it, and if this year’s consumption Is to exceed that of last year the prospect is for a re duction in the amount of American grown cotton in the world on August 31, 1913, as compared with August 31, 1912. It is this prospect that constitutes the bullish basis on which the cotton market has been working. But in tills connection it should not be forgotten that one year ago March contracts sold at 8.83 in New Or leans, or practically 400 points under the high price of March yesterday. These 400 points discount a very much clearer professional vision of cotton market in fluences, as well as the independence of an emancipated farmer, but the}' do not discount sustained excess of consumption over production. Last year's heavy yield literally saved spinners from the cumulative evils of a series of years of under production of the raw material. But the very bountifulness of the soil, which came to the rescue of the spinner, has also encouraged the spinner to expand his trade and need. Thus we are confronted by a prospect of actual consumption in 1912-13 of, say fif teen million bales, which is the reason why tiie talent, in squaring up their ac counts on the eve of tlie government crop estimate by more contracts than they sell, even in the face of a wonderful advance during the past few weeks. The esti mate, which will not include linters, will be flashed to New Orleans at I o’clock tomorrow. The figure, it is expected, will fall below fourteen million. The talent as a rule is looking for a commercial crop of 14.500.000 baleg. Following are 10 a. m. bids: December, 12.75; January, 12.78; March, 12.82; May, 12.88: July. 12.95 Estimated receipts for Thursday: 1912. 1911. New Orleansll,soo to 12,500 11.447 Galveston 37,000 to 29,000 13.428 HAYWARD & CLARK'S DAILY COTTON LETTER NEW ORLEANS, Dec. 11.—The action of ail the markets shows plainly that a small bureau setimate is expected to morrow. The majority of people look for a government crop estimate much un der 14,000,000 bales, as the government gave a rather small figure even for last season’s monster crop. Liverpool fully met yesterday’s advance on our side and shows futres and spots 7 points higher. Scarcity of sellers and confident buying for general accounts are the factors making for steady or strong markets everywhere. Bulls feel all the more confident in their position, as tomor row wfl be. the last day of the first half of Decemebr ginning period, during which there has not been one day of altogether good weather. Ginnings during this ten day ginning period will, therefore, be very light and vhe census report on December 20 will support any small crop estimate. Greenwood, Miss., wires that their local cotton exchange estimates the crop at 13,- 800,000 bales, without linters or repacks. Our market opened about 2 points higher and advanced without recession to 12.84 for March. Bulls had it all their own way, and Hie least buying caused an ad vance, owing to the absence of sellers. Liverpool cabled: “Continent a g-neral buyer.” New York again reported spot interests absorbing all selling. Owing to the strong tendency and advance in fu tures suggesting a higher hedge market, demand for spots broadened this morning Offerings are restricted, as owners are holding off for the bureau, expecting higher prices after tlie publication of the I government estimate. (RANGE IN NEW ORLEANS FUTU RES. I C X ! ,J • '►* I ® : w * I K-® ' » 2,1 ••"! ' o ' cj -Z $-.2 s O • I-* ■ ■ O ! CuO I lsec7 _ |T2.6irf2"?So; 12.69 iZ80~12.79-80ir2.71 -72 Jan. 12.73.12.84 12.69 12.81 12.81-82 12.72-73 I Feb: 12.83-84112.74-76 I Meh. 12.78 12.1'1'12.74 12.87:12.85-86'12.76-77 1 April , 12.88-90 12.78-80 May 12.84 12.95 12.80 12.93:12.92-93 12.88-84 June J j!2.94-96:12.86-88 July L2.91::i3.02|12.90H3.01 12.00-01112.90-91 Oct,KT4_ 12.1'4 12.9-1 12.94 12.92-94 12.88 Closed steady. SPOT COTTON MARKET. Atlanta, steady; middling 12%. Athens, steady; middling 12 13-16. Macon, steady; middling 12%. New Orleans, steady; middling 12%. New York, quiet; middling 13c. Boston, quiet; middling 13c. Philadelphia, steady; middling 13.25. Liverpool, steady; middling 6.99 d. Augusta, steady; middling 13c. Savannah, steady; middling 12%. Norfolk, nominal: middling 12%. Mobile, quiet; middling 12% Galveston, steady; middling 12%. Charleston, steady; middling 12%. Wilmington, nominal. Little Rock, firm: middling 12%. Baltimore, nominal; middling 12%. Memphis, steady; middling 13c. St. Ixiuls, quiet; mindlfng 13%. Houston, steady; middling 12%. Louisville .firm; middling 13c. COTTON MARKET OPINIONS. | Thompson, Towle X- Co.; “We favor I the long side of the market, but suggest | that purchases be made with caution." Logan & Bryan: "The coming govern | ment report is the subject of much com ment and many good people advise cau tion.” A. Norden & Co.: “We believe the I market will work higi <jr.” Hayden, Stone k Co.: "Any prominent decline in contracts seems unlikely.” STOCK EXCHANGE SEAT SOLD. j .SEW VUKK. Dee. 11. A stock ex change sea’ waa sold yesterda} for the I sum of ,oeo v.hl<'li was t'i.Oou Issa 1 tlian pi-o. lons sale, uii'l war flt< li w'-i t if..' -ht year HOT LOSSES IN PRICE OF STOCKS Apprehension of Unfavorable Court Decision Next Monday Causes Liquidation. By CHARLES W. STORM. NEW YORK, Doc. 11. -Irregularity marked the trading at the opening of the stock market today, price changes were fractional, and chief Interest cen tered in the specialties. After fifteen minutes trading, most of the stocks on the list had sustained losses. Canadian Pacific was strong, the first sale being made at 262%. an advance of % over last night. United States Steel common opened unchanged at 65%, then moved up to 66%, and finallj' sold off to 65%.- Izihlgh Valley opened for a gain of %, and later increased its net advance to 1 point, but lost it on subsequent sales. Among the advances on first sales were Amalgamated Copper %, American Can %, American Beet Sugar %, American Smelting %, Atchison %. The initial losses included Texas Pacific %, Reading %, People's Gas (Chicago) %, Consoli dated Gas % and American Locomotive %. The curb market was irregular. Americans in London were stronger. Steel was a strong feature of the Ameri can department there. Vigorous buying appeared in the late forenoon and gains ranging from fractions to more than 2 points were made in tlie leading issues. Southern Pacific was the most prominent, advancing 2 points to 110%. Reading, California Petroleum, Mexican Petroleum and St. Paul moved up a point each, while fractional gains were recorded In Canadian Pacific, Union Pa cific, Lehigh Valley, Colorado Gas, Utah Copper and Amalgamated Copper. Call money was easy at 4% per cent. Bears raided Union Pacific on the stock exchange this afternoon, driving down the price over 6 points. Aggressive sell ing followed the annual report of the Harriman system for the fiscal year end ing June 30 last, which fell short of ex pectations. The report showed that the total operating revenues of Union Pacific had decreased more than $3,000,000 and the transportation expenses had increased over $700,000. The gross operating in come for the year was $85,9<7,608.78. the total operating expenses $54,758,695.53, leaving a net operating Income of $31,- 219,413.25, a decrease of 54,491.713.37. As the supreme court decision dissolving the Union and Southern Pacific merger had been handed down since the fiscal year covered in the report, it was not men tioned, but it was evident that this helped the bear attack. In the last hour interest centered in Union Pacific, which was 8 points lower than the opening price on heavy selling. Big blocks of Reading and Steel common were also thrown upon the market. Sev eral big Interests tried to stem the bear attack and one banking house absorbed 10,000 shares of Union Pacific in support of that issue. The fall of Union Pacific was checked and it recovered 1 point of its loss, but later resumed the decline. The tone was weak. In the bond market Union Pacific con vertible fours were off 6% points. The market closed irregular. Government bonds irregular; other bonds unsettled. Stock quotations: | | ILastlClos.jPrev STOCKS— IHlghlLow.lSale.l Bid-ICl'se Amal. Copper. 76% 73%, 74% 74% 76% Am. Ice Sec... 18 18 18 18 18 Am. Sug. Ref. 116% 113%1113% 113% 113% Am. Smelting 70% 68%' 69% 69 69% Am. Loconto. . 42% 41 41 41 41% Am. Car Fdy„ 55 63 53 53% 54 Am. Cot. Oil . 56% 54% 55 55 56 Am. Woolen .... 19% 19% Anaconda .... 39% 37%: 37% 37% 38% Atchison 106 104% 104% 104 105% A. C. L 137% 136% 136-"136% 137 American Can 28%! 26% 26% 27% 26% do, pref. ..11J%114 111% 113 113% Am. Beet Sug. 50 47% 47% 18 49% Am. T. and T. 139% 138 138 137% 138 Am. Agricul. .( .... ....f64 j 56 Beth. Steel .. 35%l 34 34% 34% 35% B. R T. .... 87% 85% 86% 86%i 87% B. and 0104% 103%|103%ll03%!103% Can. Pacific .. 263% 255% 257 258% 261% Coni Products ; 14 1 13% 13% 13% 13%. C. and O! 78%: 77% 78 ! 77% 77% Consol. Gas ..'138% 1.36 |136%i136%H37% Cen. leather . 27% 26 26 26% 27% Colo. F. and L, 33 36% 32 ( 32% 31% Colo. Southern' 1 34 34 I), and H 162% J 62% 162% 162% 163 Den. and R. G. 19% 19% 19% 19 20% Distil. Secur .' 21 20 '2O | 19%' 20% Erie 32% 30%l 30%| 31% 31% do, pref. .. 49% -<8 ,48 48 , 48% Gen. Electric .182% 1.79% <79%:180 182 Goldfield Cons.' ... ....| .... 1% 1% G. Western .. 17% 16% 16% 16% 16% G. North., pfd.' 134% ; 132% 133 132% 133% G. North. Ore. 41% 40 ! 40 40 41% Int. Harvester 111% 111% l!.l% 106 110 111. Central ...125 125 125 125 125 fnterboro .... 17%, 16%, 16% 16%’ 17% do, pref. ..: 61%, 58%- 58% 58% 60% lowa Central ! .... ...J .... 10 : 11 K. C. Southern 26% 26% 26% 26 26% K. and T|2€% 25% 25% 25% 26% do, pref. .. .... 60 61 L. Valley. . .'l7O 164 (166% 166% 167 L. and N. . . I’l % 139%,139% ! 139%:142 Mo. Pacific . . 41 40% 40%: 40% 40% N. Y. Central 110 108% 108% 108% 109% Northwest. . . 136%,135% J 3 434% ,135% Nat. Lead . .' 55 : 54%j 55 54%i 55 N. and W. . . 112 1111 111 110%'111% No. Pacific. .120% 118 11.8% 118% 119% O. and W. . . 32 31%: 31% 30%' 31% Pennl.2l 119% 120% 120 120% Pacific Mail. . 30 30 30 29 30% P. Gas Co. . .11l 110 1110 409% 110% P. Steel Car .35 134 34 34 1 34% Reading. . . . 168% 162 164% 164% 166% Rock Island. 23% 23 23 . 22% 23% do. pfd.. . .' 44%: 42% 42% 46% 44 R. I. and Steel: 24% 23% 23% 23%' 24 do. pfd.. . . 87 85% 85% 84% 85% S. -Sheffield'4B 45% So. Pacific . .110 107%|108% 1108% 108 So. Railway . 28 : 27%: 27% 27%' 27% do. pfd.. . . 80 79 I 79 79% 79% St. Haul. . .11.2 1109%i110%410', l 110% Tenn. Copper 37 35% 26 25% 26% Texas Pacific 22% 22 22 21% 22 Third Avenue .... 34 34% Union pacific 162%453% 155% 155 161 % f. S. Rubber 63%i 61% 61% 62% 62% Utah Copper . 58% 56 56% 55- h 58 U. S. Steel . 66%, 63% 65 64% 65 s do. pfd.. . . 108% 407% 108 107% 108 V. Cl'-ni. !?. 11% 41% 44% 42 Wes’. Union . 74 72 72% 72% 73 I Wabash. . . . 4% 4%, 4% 4 4 do. pfd.. . . 13% 13% 13% 12% 13 IW. Electric 77 76 76 75% 77% Wis. Centra! . I .... 49 50 - Maryland 51 51% Total sales, 1,279,400 shares. METAL MARKET. NEW YORK, Dec. 11.—Trading at the metal exchange quiet, tone steady. Quotations: Copper spot 17 bld, Ite cernber January-February 16.87%, lead 4.25®4.40, spelter 7.20®7.40, tin 49.25® 49.75. STEEL EARNINGS ESTIMATE. NEW YORK, Dec. IL—lt is estimated that the net earnings for the United States Steel Corporation for the year of 1912 will reach approximately $108,000,000 and will leave a surplus for the year cluse to $5,000,000. MINING STOCKS. BOSTON, Dec. 11.—Opening: Butte Superior 39, North Butte 31%, I’ond Creek 25. Smelting 40%, Calumet and Arizona <B%. POULTRY. BUTTER AND EGGS. NEW YoRK, Dee. 11. Dressed poultry dull; turkeys, 1.3W24; chickens, 11® 26; fowls, 11018%; ducks, 8®10%; gee«e. 15 7/18. Live puultrj irregular; chickens. 130 13%: fowls. 18%®14%; turkeys. 16 laskedi: rooster.-. 10% laskedi; ducks, 14 045; Ku-ese, 13®14. Butter barely steady; creamery specials, ;:3O38; creamery extras, 314186%; state dairy, tubs, '. 4w36; process specials, 27% 1 Egg; unsettled; nearby white fancy, 15 ibl<l». nearby bruwn fancy, 2’.®36; extra I.' Sts, 33'1/3t,. firsts. ■/3<> Clmesc stead: ; wlffie mill, -p.-cluls. 17% I ■./!«; whole milk famy, 16%*1K%: cki/u'. • p'.iecl/ur., li'<: sl'.lltl", til:':, IJ'. / Il ATLANTA MARKETS EGGS—Fresh country, candled, 33035 c. ’ BUTTER—Jersey and creamery. In 1-lh blocks, 25®>27%c; fresh country, dull. 20 1 @22%c. • DRESSED POULTRY—Drawn, head ' and feet on. per pound: Hens, 17®18c; I fries, 20 @22%; rosters. 8@10c; turkeys, owing to fatness. 17@18c. LIVE POULTRY —Hens. 40@45c; roost- I ers, 25@30c; fries. 25@35c; broilers, 300 : 25c: puddle ducks. 25@30c: Pekin ducks, ( 35@40e; geese, 50@60c eacn: turkeys, ow- j ing to fatness. 15@18c FRUITS AND PROPUCE. FRUIT AND VEGETABLES—Lemons, fancy, $5.50@8.00 per box; bananas. 2%@3 per pound; cabbage. 1.25@1.50 pound; pea nuts, per pound, fancy Virginia 6%@7c. | choice, s%®>6c; lettuce, fancy. $1.’0@1.75; I choice $1.25@1.50 per crate: beets. $1.50@ i 2 per barrel; cucumbers, 75c@$l per crate; [ Irish potatoes, 90c@1.00. Egg plants, $2@2.5u per crate, pepper, | $1@1.25 per crate: tomatoes, fancy, six- : basket crates, $2.00@2.50; pineapples. $2 i @2.25 per crate; onions, 75c@$l per bushel, ; sweet potatoes, pumpkin yam, 40@50c per , bushel. 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, 18c. Cornfield pickled pig’s feet, 15-pound kite. $1.25. Cornfield jellied meat in 10-pound dinnet pail, 12 %c. Cornfield picnic hams, 6 to 8 pounds av erage, 13%c. Cornfield breakfast bacon, 24c. Grocer style bacon (wide or narrow), 18%e. Cornfield fresh pork sausage fi’nk of bulk) 25-pound buckets. 12%c. Cornfield frankfurters, 10-pound buck ets, average, 12c. Cornfield bologna sausage, 28-pound boxes, 11c. Cornfield luncheon hams, 25-pound boxes. 14c. Cornfield smoked link sausage, 25- pound boxes, 10c. Cornfield smoked link sausage In pickle, 00-pound cans, $5. Cornfield frankfurters In pickle, 15- pound kits, $1.75. Cornfield pure lard, tierce basis, 12%c. Country style pure lard, 60-pound tins, tl%e. Compound lard (tierce basis), B%c. D. S. extra ribs. lt%c. D. S. Rib bellies, medium average, 12%c D. S. bellies, light average, 13c. FLOUR AND GRAIN. FLOUR—Postell s Elegant, $7.60: Ome ga. $7.50; Carter’s /best), $7.00; Gloria (self-rising). $6.25; Victory (finest pat ent), $6.40; Diamond (patent), $6.75; Monogram, $6.00; Golden Grain, $5.50; Faultless, finest, $6 25; Home Queen (highest patent), $5.75; Puritan (highest patent), $5.75; Paragon (highest patent), $3.75; Sun Rise (half patent). $5.25; White Cloud (highest patent), $5.50; White Lily (high patent), $5.50; White Daisy, $5.50; Sunbeam, $5.25; Southern Star (patent), $5.25; Ocean Spray (patent), $5.25; Tulip (straight), 4.15; King Cotton (half pat ent), $5.00; low grade, 98-lb sacks, $4.00. CORN—Choice red cob, 73c; Tennessee white, 72c; choice yellow, 73c; cracked corn, 71c. > MEAL—Plain 144-pound sacks, 71c; 06- pound sacks, 72c; 48-pound sacks, 74c; 24- pound sacks, 76c; 12-pound sacks, 78c. OATS—Fancy clipped, 52c; No. 2 clipped 51c; fancy white, aOc; No. 2 white, 49c; No. 2 mixed, 48c; Texas rust proof, 65c; Oklahoma rust proof, 60c; Appier, 75c; winter grazing. 75c. COTTON SEED MEAL—Harper, S2B; prime, S2B; creamo feed, $25. OOTTON SEED HULLS—Square sacks. $ll.OO. SEEDS —(Sacked): Wheat. Tennessee blue stem, $1.60; German millet. $1.65: am ber cane seed, $1.55; cane seed, orange. $1.50: rye (Tennessee), $1.25; red top cane seed, $1.35; rye (Georgia), $1.35; red rust proof oats, 72c; Bert oats, 75c; blue seed oa(s. 50c: barley. $1.25. HAY—Per hundredweight; Timothy, choice, large bales, $1.40; No. 1 small, $1.25; No 2 small, $1.15; Timothy clover mixed. $1.15; clover hay. $1.15; alfalfa, choice. $1.45; No. 1. $1.40; wheat straw. 70c; Bermuda hay, 85c. FEEDSTUFF. SHORTS—White 100-lb. sacks. $1.90; Holiday, white, 100-lb. sacks, $1.90; dandy middling. 100-ll>. sacks, $1.90; fancy 75-lb. sack, $1.85; P. W., 75-lb. sacks, $1.70; brown, 100-lb. sacks, $1.65; Georgia feed, 75-lb. sacks. $1.70, bran, 75-lb sacks, $1.40; 100-lb sacks, $1.40; Homeclolne, $1.60; Germ meal. $i .60: sugar beet pulp, 100-!b. sacks, $1.60; 75-lb, $1.60. CHICKEN FEED—Beef scraps. 50-lb. .sacks, $3.50; 100-lb. sacks. $3.25; Victory pigeon feed. $2.25; Purina pigeon feed, $2.25; Purina scratch, 100-pound sacks, $1.90; Victory baby chick, $2.05; Purina chowder, dozen pound packages, $2.30; Purina chowder. 100-lb. sacks, $2.10; Eggo, $2.10; Victory scratch, 100-lb. sacks, $1.90; Victory Scratch, 50-lb. sacks, $1.95; wheat, 2 bushel bags, per bushel, $1.40: oyster shell. 80c; Purina pigeon feed. $2.35 special scratch. 10-lb. sacks, SI.BO. GROUND FEED- -Purina feed, 100-lb. sacks. $1.75; 175-lb. sacks. $1.75; Purina molasses feed, $1.70; Arab feed, $1.70; Allneeda feed, $1.65; Suvrene dairy feed, $1.60; Universal horse meal, $1.30; velvet feed, $1.50; Monogram. 100-lb. sacks, $1.80; Victory horse feed. 100-lb. sacks, $1.60: A. B. C. feed, $1.55; MHko dairy feed, $1.70; alfalfa molasses meal, $1.75; alfalfa meal, $1.50. GROCERIES. SUGAR —Per pound, standard granu lated. 5%; New York refined. sc; planta tion, 6c. COFFEE —Roasted (Arbuckle's), $25; AAAA, $14.50 in bulk; in bags and bar rels, s2l: green, 20c. RICE —Head. 4%@5%c; fancy head, 5% @6%c. according to grade. LARD —Silver leaf, 12%c per pound; Scoco, 9c per pound: Flake White, 9c per pound; Cottolene, $7.20 per case; Snow drift, $6 per case. CHEESE Fancy full cream. 21c. SARDINES —Mustard, $3 per case; one quarter oil. $3. SALT —One hundred pounds, 52c; salt brick (plain), per case, $2.25; salt brick (medicated), per case, $4.85: salt, red rock, per cwt., $1.00; salt, white, per cwt., 90c; Granacrystal, case, 25-lb. sacks, 75c; salt ozone, per ease, 30 packages, 90c; 50- lb. sacks, 30c: 25-lb. sacks. 18c. NEW YORK PRODUCE MARKET. NEW YORK. Dec. 11.—Wheat, firm: May. 15%® 95%; spot, No. 2 red, $1.06 in elevator and $1.07 f. o. b. Corn, firm: No. 2 in elevator, nominal; No. 4. nominal. Oats, steady; natural white, 37@40: white cllped, 37® 41. Rye, firm; No. 2. nominal f. o. b. New York. Barley, quiet: malting. 56®70 c. i. f. Buffalo. Hay, firm: go<xl to prime, 85@51.15; poor to fair, 95@51.05. Flour, steady; spring patents, $4.60® 4.95; straights. $4.5047 4.60: clears, $4.25® 4.35; winter patents, $5.20® 5.40; straights, $4.65@4.80; clears, $4.30® 4.10. Beef, dull; family, $24.00® 25.00. Pork, weak; mess, $19.25@ 19.50; family, 23.00@24.00. Lard, easy; city steam, 10% bid; mid dle West spot. 1t.30 bid. Talow. quiet; city, In hogsheads, nomi nal. LIVE STOCK MARKET. CHICAGO, Dec. 11.—Hogs—Receipts 52,- 0(10. Market 15c lower. Mixed ami butch ers $7.05@7.55, good heavy $7.45 @7.55. rough heavy $7®7.40, light $7@7.50, pigs $7.35® 7.50, bulk $7.30® 7.45. Cattle —Receipts 28,000. Market 10c to 20c lower. Beeves 06.40® 10.90, cows and heifers $2.76® 8.50. stockers and feeders $4.90® 7.75, Texans $6.40® 8.50. calves $8.75 ® 10.60. Sheep- Receipts 35,000. Market strong Native and Western $3.40@4.90, lambs $5 @B.IO. NEW YORK GROCERIES. NEW YORK. Dee. 11.-Coffee steady; .8'1). 7 111// spot, 141/14%. Rice stead} , : 1 iloniestle, ordinal-} to prime, l%®-5%. ■ : \iolusses steady; New Orleans, upon get - I ile. 4UWSO Sugar, raw, firm: . eiitrlf. gal. I 1.05; iiiiiscuvaJo, 3.56; moluMHas Htlgar, : ''(; leilne/l ino/c active; standard gran | uluted. 4.96: cut loaf, 6.70; crualied. "•.•li) | i/iol/l A, 6.25, cubes, 5.15: l»ov,'i«ied. 5.00; , ilamond \. 4 9”, < uifeetliiii. rs ' '75 8 > 1.4 11’, Xu. it, 4.'10, No. 8, 1,65; No I CEHEILS RECEDE IN LATE TRADING Optimistic Cables Cause Early Advance, But Selling Causes Irregular Close. ST. LOUIS CASH QUOTATIONS. I Wheat—No. 2 red 104%@108 Corn 47% I Oats 33 CHICAGO, Dec. 11.—Wheat opened %o to %c higher on a steady tone at Llver | pool, where the market was about %d 1 higher. The situation in Argentina may I be called less promising and a special ca -1 ble from there estimates the exportable J surplus as having been reduced to 130,- i ”00.000 bushels, but the crop, as a whole, in the country may be called favorable. Northwestern receipts today were 791 cars, against 999 a week ago and 313 a year ago. Corn was up %c to %c, although Liv erpool was %d lower, because of the In creased pressure from Plate cargoes and parcels. Weather over the com belt con tinues favorable, with seasonable temper atures. The cash demand for corn, how ever, was disappointing. Local receipts were 337 cars. Oats were %c to %c higher under a run of 192 cars, and good demand from do mestic buyers, as well as speculators. Hogs at the yards were 10c to 15c lower under a run of 51,000 head. In the pit prices were off from 12%c to 25c with pork the weakest. The smash in the price of stocks In Wall Street caused many of the longs in wheat to throw their holdings overboard and the unexpected onslaught unnerved the bulls and sent prices to a lower level. The May future closed about % off, July was off nearly %c and the December op tion was %c higher. The situation in wheat looked stronger early and the high est price of the day was reached before 11 o'clock. Word came from Minneapolis that wheat stocks there are accumulating on the sidetracks with shipping directions on flour coming in slowly and cash wheat rathrer dull. Corn closed % to %c lower, but last firices showed some reactions from the owest levels. Only 75,000 bushels cash com changed hands. Oats were unchanged to % to %c lower and only 200,000 bushels cash were traded in. Hog products sold off sharply and were under pressure during the entire session. The trade in cash meats and lard was reported by packers as somewhat smaller. CHICAGO GRAIN MARKET. Grain quotations: Previous Open. High. Low. Close. Close. WHEAT— Dec. 84 84% 83% 83% 83% May 89% 89% 88% 89% 89% July 86% 86% 86% 86% 86% CORN- Dec. 47% 47% 47 47% 47% May 48% 48% 48% 48% 48% July 49 49% 48% 48% 49 OATS— Dec. 34% 32% 32% 32% 32% May 32% S 3 32% 32% 82% July 33 33 32% 32% 32% PORK— Dec 17.00 17.00 17.00 17.00 Jan 18.75 18.77% 18.50 18.55 18.95 M’y 18.50 18.52% 18.25 18.25 18.60 LARD— Dec 10.60 10.60 10.55 10.55 10.65 Jan 10.30 10.30 10.10 10.15 10.37% M’y 10.00 10.05 9.95 9.95 10.07% RIBS— Jan 10.00 10.05 9.95 9.95 10.07% M’y 9.85 9.85 9.75 9.75 9.90 LIVERPOOL GRAIN MARKET. Wheat opened %d higher; at t:3O p. in. the market was' •%<! to %d higher. Closed %d to %d higher. Corn opened %d lower; at 1:80 p. ttf. the market was %d lower. Closed un changed to %d higher. CHICAGO CASH QUOTATIONS. CHICAGO, Dec. 11.—Wheat—No. 2 red 9#®1.03, No. 3 red 90@98, No. 2 hard win ter 85%®88. No. 3 bard winter 83%@86. No. 1 Northern spring 86%@87%, No. 2 Northern spring 85@86, No. 3 spring 83 @B4. Corn—No. 3 yellow 45%@46, No. 3 white 45%@47. No. 3 yellow 46@47, No. 4 44 @45, No. 4 white 44%@45%, No. 4 yel low 44%@45%. Oats - No. 2 white 35, No. 3 white 33% No. 4 31%, No. 4 white 31@33, standard 31% @34%. PRIMARY MOVEMENT. WHEAT— 1 1812. I l»lt. Receiptsl 1,261,000 I 528,000 Shipments' 423,000 | 242,000 CORN— I" 1912. I 1911, Receipts 745.000 I 1,604,000 Shipments| 445,000 I 718,000 NEW YORK COFFEE MARKET. Coffee quotations: I Opening. Closing. January[l3.ls 13.13@13.16 FebruaryH3.2s@l3.3s 13.37®13 38 Marchll3.4s@ 13.35 13.30@13.31 Apri1'13.55@13.65 13.60@13.62 May 13.68 13.71@ 13.72 June:i3.74@13.76’13.76@13.78 Ju1y!13.79®)13.8l August[l3.B4 13.86@13.88 September'l3.B9@lS.9O 13.91@13.92 Octoberl3.B9@ 13.90; 13.91 (513.93 Novemberi 13.89© 13.90.13.91 @13.93 Decemberl '13.00@13.0.~> Closed steady. Sales, 77,758 bags. COTTON SEED OIL. _ Cotton se «d 011 quotations: I Opening. 1 Clorng. Spotl [ 6.29@6.45 December ... J 6.26@6.30 6.3006.34 January| 6.25@6.26 6.27@8.29 February . . . . 6.28@6.32 6.39 Marchl 6.34@6.35 6.37@6.38 April .! 6.3606.40 I 6.4106.44. Mayj 6.4206.43 I 6.4706.48 June6.43® 6.47 ' 6.4806.49 July : . . , . .( 6,49®6. 50 6.51 @6,53 Closed heavy; sales 14,800 barrels. GIRL-WIFE, 17, SAYS HUSBAND DESERTED HER AND TWO BABES With two infants in her arms, Mrs. Della Smith, seventeen years old, called at the office of Probation Officer Coog ler today, related a pathetic story of desertion by her husband, Melvin F. Smith, a young farmer, and pleaded with the probation officer to find and prosecute him. "He has left me witii these two babies to care for, and I am penniless and don’t know what to do,” sobbed the girl. Mrs. Smith, whose home is in DeKalb county, near Ingleside, said her hus band brought her and the two babies to Atlanta two weeks ago to visit her fa ther. J. M. Roberts. 36 Gaskill street, and then disappeared. Since tliei; she I Lus seen nothing of him. Smltli’s fa -1.11/er, sin said, had since told iter Smith : ■ ri'inai'ked that “he was gone for gooo.” [ Tlie oldest child U u girl. Vein, aged 21 months. The other is a boy, dgiit 'j J 1. t ••) (I i 1 S Ort'. 1« your business wortt sfivertUh-g Thei if i.'.t try a For Sale < r Bu»ints» opportunity s 1 in The Georgian 19