Newspaper Page Text
I. A. L. ACCUSED
h mom
»
load To Be Sued for Alleged
Violation of the Freight I I
Routing Law.
9 t'. ause us its failure to observe ;
9-. V. No. 33, which requires Georgia
t" ship unrouted freight over the
■% u . railing for the lowest rate, the
■ -aiiioad commission has reeom
■L, to the governor that he proceed
: courts against the Seaboard Air
■Llm railway.
gg t -maximum penalty attaching to
® . ,r. •as of this rule is a fine of $.1,000
■ r : the state may move against the
■ in any of the counties through
■ the roads' lines run.
■ C n commission's rules permit a
■ . to select his own route —either
9. . :■ or the higher—but in the ab-
fl ~ , of instructions by the shipper its
9-.. -...'•.i way freight shall be shipped
fl ; mml is required to ship It via the
9 pc S i xpensive route.
fl commission charges that the
■ rd lias refused and declined to
Hubsir v- this rule and that it therefore
H-hotihl be disciplined and forced to
■ a.i-et ill' commission’s regulations.
fl I;;, specific case cited in the com-
■ n ;..ion's communication to the gov-
■ irno’- concerns a shipment of potatoes
■ t’iyo to Augusta. Instead of mak-
■ iug this shipment via the lower freight
I route, the Seaboard sent around
■ through South Carolina, practically
■ doubling the freight charges to the
9 shippe
\ OFFICER SEARCHES IN
VAIN FOR 2 MISSING
CLEGHORN BROTHERS
i ASHBURN. GA., Dec. 12.-—Deputy O.
fl B. Jarman, after a search all of yester
fl Jay and nearly all night, last night
fl 'ailed to locate Jake and Joe Cleghorn,
fl ;\>r whom lie had peace warrants. He
fl |» expected to renew the search this
fl afternoon. It is not expected that they
I will resist arrest when located.
g While both Marion and Tan Cleg
fl horn, wounded in Tuesday’s feud bat
fl tie. are resting well, but little change
fl Is noted in Marion’s condition since
fl yesterday, and his recovery is extreme
fl ly doubtful.
| Excitement has subsided to a great
fl extent, and it is believed that both the
fl ('leghorn and Marchman factions have
I staiked arms, for the time being at
9 least.
MACCABEES SELECT
PINSON COMMANDER
GRADY TENT IN 1913
B \ a meeting last night held at the
fl 'led Men's Wigwam of Grady Tent,
1 Knights of the 'Maccabees, the follow-
G ing officers were elected for the term
fl of 1913:
Sir knight commander, Sir Knight T.
M A Pinson; R. K„ Sir Knight J. E. Mc
fl I'.- ?: Il utenant commander, Sir Knight
I Sw-eney; sergeant. Sir Knight Holz-
fl . .:> iplaln, Sir Knight Oppenheim,
fl ’l'lifsi: officers will be installed Tuesday
fl night. January 14, when there will be a e
fl program of speeches and refreshments
fl '.'.'ill be served.
DALTON VOTERS ELECT
NEW OFFICIALS OF CITY
DALTON, GA., Dec. 12.—Carrying
II seven of the eight wards in the city,
I] W. M. Carroll was elected clerk over his
fl opponent, (.'. G. Spencer, by a majority
I of 128. Carroll received 348 votes to
fl Spencer's 220.
I I. 11. Smith was elected treasurer
I without opposition. J. H. Robinson and
M Joseph Bogle were elected couneilmen
I from the Third and Sixth wards, re
:■! ‘Pectively, without opposition. In the
I Secopd, Tom Pierce defeated J. H. Car-
I gal by a vote of 73 to 82. In the Sev-
I enth ward, E. F. Hamilton defeated the
a incumbent, J. J. Duane, by a vote of 44
The election, held yesterday, passed
| quietly, the vote being unusually light,
fl falling slightly below 600.
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If you anticipate making a trip or want
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Lowry National Bank
OF ATLANTA
7 Capital and Surplus . . $2,000,000.01 -~
Undivided Profits .... 282,500.01
=] ==rr )F==l[=SE =; L==!i
COUNCIL STAVES OFF
MONUMENT REMOVAL
BY REFUSING PERMIT
MACON, GA., Dec. 12. —By refusing
to give the receiver of the Marietta
Marble and Granite Company permis
sion to work in a city park, the city
council is seeking to save the monu
ment to tlie “Women of the South,"
which was unveiled here two years ago
by the veterans and Daughters of the
Confederacy with much ceremony.
The shaft was purchased by the vet
erans, but has never been fully paid for.
The veterans presented the monument
to the Daughters of the Confederacy,
and they in turn gave it to the city,
which erected it in the park in front of
the City hall.
lhe receiver for the marble company
wants to dismantle the monument* be
cause of the unpaid indebtedness, but is
prevented by reason of not having the
city's consent to work in a city park.
Members of council openly stated in
meeting that they world never willing
ly give the permission, and referred the
request to a committee, with the re
quest that action be delayed on it as
long as possible.
The local attorney for the receiver of
the marble company states that a man
damus will probably* be sought against
the city to force it to allow the dis
mantling of the monument.
HAYWOOD, FINDING
UNREST IN CHICAGO,
TO AGITATE STRIKE
CHICAGO, Dee. 12.—William D. Hay
wood, formerly an officer of the West
ern Federation of Miners, now a lead
er of the Industrial \Vorkers of the
World, is in Chicago today, consider
ing the advisability* of organizing a
general strike of unskilled laborers. The
efforts of the strike leaders will be cen
tered, it was intimated, among em
ployees at the stockyards and the steel
mills.
“There Is a feeling of unrest among
the employees at the stockyards and
the steel mills here,” said Haywood
"We are going to try to crystallize that
sentiment into the biggest strike we
have yet attempted. I came here be
cause I have learned that Chicago, the
greatest industrial center of the world,
is in need of our organization and
methods.
“Workmen here need better working
conditions and better pav. principally
the former. We are going to get it for
them. And our way of getting It us
ually means a desperate strike. And it
also means victory for us in the end,
no matter what the cost.
"We already have several locals at
the stockyards. It will be .an easy
matter to organize more. There will be
no< demand for a closed shop or de
mands of that kind. We simply want
better working conditions.”
ROBERT H. TROY DEAD
AT HOME IN WEST END
I Robert H. Troy, local representative
for tlie fast eight years of the William
R. Warner Company, died at his home
5 Hammond street, yesterday after
noon, of Brights disease.
Mr. Troy was a native of North Car
olina, being a son of Major W. C. Troy,
of Fayetteville. He Is survived by his
wife, who was Miss Mary Lee Leonard,
and two sons, Leonard and Clarke. He
was a brother-in-law of Louis Leonard
and Henry Leonard.
Mr. Troy maintained an active con
nection witli business up to the day be
fore his death. He was a graduate of
the University of Tennessee.
The funeral will be held from the res
idence, 5 Hammond street, West End.
Friday morning at 11 o’clock, and will
be conducted by Dr. J. B. Robbins, as
sisted by Dr. S. R. Belk. The pall
bearers will be D. J. Ray. W. J. Mc-
Bride, P. D. McCarley, Henry D. San
ders, Louis Estes, J. C. Logan and
Frank Reynolds.
w. w. warwTckassistant
COMPTROLLEROFTREASURY
WASHINGTON, Dec. 12. President
Taft today appointed W. W. Warwick to
be assistant comptroller of the treasury,
, succeeding Leander I’. Mitchell, who died
recently. Warwick formerly was law
clerk in the comptroller’s office and is a
member of the president's economic and
efficiency committee.
NEW SWISS PRESIDENT.
GENEVA, SWITZERLAND, Dec. 12.
E. Muller was today elected president
of Switzerland.
THE ATLANTzk GEORGIAN AND NEWS. THURSDAY, DECEMBER 12, 1912.
GROPESTIMATE |
LOHS COTTON
Early Market Stagnant, But
Heavy Selling Prevails on Is
suance of Report.
NEW VuRK, Dec. 12. —Firmness in ca
bles caused the cotton market here to
open steady, with prices net unchanged to
3 points higher than last night's close.
Trading was small, with a disposition
among traders to await the publication
of the government crop estimate, which
.will be made public at I p. m. After
the call, the market was barely steady.
The ring sold, but their sales were lim
ited. The larger spot offerings were
quickly absorbed, most of it being taken
by larger spot interests. Prices later
eased off 1 to 4 points from the opening
quotations.
Renewed buying of larger spot people
and a wave of short covering during
the late forenoon trading resulted in a
quick advance Prices rallied 5 to 7
points over the first figures. Trading
was light at the Initial trading of the aft
ernoon session, but the market was sup
ported bv the best sources and prices
firmly held at the high levels. Liverpool
exchange reopened for an extra session
after the usual closing hour to meet the
bureau report.
The issuance of the government's esti
mate was hashed at 1 p. m., placing the
figures at 13.82.0000 bales, compared with
14,885.000 last year, which was regarded
as bearish. Heavy selling predominated,
causing a rapid decline. January dropped
to 12.50, March to 12.58, May to 12.50 and
July to 12.5 I. Later an aggressive move
ment prevailed, led by spot people, which
cheeked the downward tendency, hold
ing prices at the levels stated above dur
ing the late trading.
At* the close the market was steady
with prices a net gain of 7 to 14 points
from the final quotations of Wednesday.
RANGE IN NEW YORK FUTURES.
' c! - I ■ ‘ • ® s °
• « » is* a
Dee. 12.52 12.5712.36112.36 12.38-40 12.52-54
Jan. 12.65 12.74 12.46:12.52 12.51-53 12.62-63
Feb 12.50-52,12.62-64 ]
Meh. 12.72:12.85112.50 12.58 12.55-58 12.70-71
Apr!1112.54. 11,2.66
May 12.68 12.78 12.49(12.56112.55-56 12.66-67
June 12.51-5312.63
July 12.64 12.74 12.46 12.53 12.51 - 53112.63-64
Aug. 12.56)12.63)12.51 12.42 12.53-45112.54-55
Sept. ,|i((11.92-96(11.99-01
(let. 11.86,11.90 ; 11,86 11.89'11.80-82 11.89-90
Closed steady.
Liverpool cables were due to come 1%
to 2% points higher today, but the mar
ket opened steady, with prices at a 3
points advance. At 12:15 p. m., the mar
ket was quiet, 1% to 2 points higher on
near months and 2% to 4% points advance
on distant positions. At the close the
market- was quiet, with prices at a fiet
gain of 114 to 4Vi points from the final
figures of Wednesday.
Spot cotton steady at 1 point advance;
middling 7.07 d; sales 10,000 bales, includ
ing 6,100 American.
Estimated receipts today are 60,000
bales, compared with 56,205 last week and
61,630 last year, against 73,000 bales the
year before.
This market closed at the usual time,
but reopened to meet the government crop
estimate.
RANGE IN LIVERPOOL COTTON.
Futures opened firm.
Opening. Prev.
Range. 2 P. M. Close. Prev.
Dec. . . . 6.83 -6.81 6,80 0 6.81 6.7914
Dec.-Jan 6.81 -6.80 6.78% 6.80 6.78
Jan.-Feb. 6.79 -6.78 6.76 ■ 6.78 6.76
Feb.-Meh. 6.77%-6.71% 6.75% 6.76% 6.74%
Mch.-Apr. 6.76 -6.75 6.74 6.75% 6.73
Apr.-May 6.75 -6.74 6.73% 6.74% 6.72
May-June 6.74 -6.73 6.72% 6.73 6.71
June-July 6.72%-6.72 6.72% 6.71% 6.69
July-Aug. 6.69 -6.68 6.69 6.68% 6.66
Aug.-Sept 6.59 6.59% 6.58% 6.56
Sept.-Oct. 6.40%-6.42 6.42 6.42 6.27%
Oct.-Nov. 6.35 -6.36 6.36 6.36 6.32
Closed quiet.
HAYWARD & CLARK’S
DAILY COTTON LETTER
NEW ORLEANS, Dee. 12.—New York
professional reports say the Pell inter
ests bought at least 50,000 bales yester
day, and that Watkins says the govern
ment estimate will be around 13,450.000.
This shows the bullish feeling prevailing
in that quarter.
Liverpool met our advance, coming in
5 points higher this morning. Spots 1
point higher. The movement shows signs
of decreasing. The into-sight figures for
the week looks around 572.000, against
046,721 last year. Comparisons of mill
1 takings tomorrow are likely to be bullish,
as we compare with takings of only 393,-
000 bales for this week last year. The
heavy exports during the past eight weeks
and consequent large stock afloat will
give large landings and takings abroad,
whereas, last year the heavy exports and
. takings did not get in until January.
1 Our market opened unchanged, gained a
few points and ruled very firm. The gen
eral disposition was to buy, but the üb
. sence of sellers prevented business.
RANGE IN NEW ORLEANS F UTURES.
In x: I !_ . I ® I s:®
£ u> £I « ® § ®§
'i s I 3
Dec. . 12.80.13.82'12.70,12.73 12.68-69112.79-80
Jan. 12.82|12.90(12.65i 12.70112.70-71112.81 -82
Feb .... 12.72-74 12.83-84
Meh. 12.86 12.1(5 12.69 12.74 12.74-75H2.85-86
April I 512.77-78112.88-90
May 12.92.13.01 12.75 12.81112.81-82(12.92-93
June 12.84-85 12.94-96
July 12.00-9113.00-01
(/et.__ 13.01. 13.09 12.85112.90 12.8«__ 12.92-94
Closed barely steady.
PORT RECEIPTS.
The following table shows receipts at
, the ports today, compared with the same
day last year:
1 1912. 1911~
New Orleans. . . <3/(80 11,447
Galveston 30,133 13,428
Mobilel 969 1,787
Savannah 5,008 11.032
Charleston 1.089 2.926
I IVlhnlngtonl 2,313 6,636
Norfolk 1,520 5,261
Pacific coast . . . t>,838
Boston 552 1,074
Philadelphia. ... 39
Various. . . . . 3,981 » 8,499
Total 65.522 ' 61,066
INTERIOR MOVEMENTS.
1912. 1911.
Houston’ 15,286 13,006
Augusta' 1,930 3.685
I Memphis* 5,346 10,042
ISt Louis' 8.140 10,873
Cincinnati 1 3,324 ' 1,809
Little R0ck1.404
Total. . . .... 34,026 30,813
SPOT COTTON MARKET.
Atlanta, steady; middling 13c.
Athens, steady; middling 12 13-16.
Macon, steady; middling 12%.
New Orleans, steady; middling 12 13-16
New York, quiet: middling 12.90
Boston, quiet; middling 12 90.
I'hilailelplda steady, middling 13.15.
Liverpool, steady: middling 707 d.
Augusta, steady; middling 13c.
Savannah, steady, middling 12%
Norfolk, steady; middling 12%.
Mobile, steady; middling 12%.
Galveston, steady; middling 12%
Cliarlestun. steady; middling 12%.
Wilmington, nominal.
Little Rock, steady; middling 18c.
Baltimore, nominal; middling 12%.
Memphis, steady middling 13%.
St Louis, firm; middling 13%.
Houston, steady: middling 12%
Ixxbsillle .firm; middling 13c.
ts what you have for sair !• net *eith
l' pth e (■< Want A. ,(| T > <b <gg;at>
NEWS AND GOSSIP
OF THE FLEECY STAPLE
NEW YORK, Dec. 12. N. L. Carpenter 1
& Co.: S. Tate says: “Ginning last year:
after December 1 was 2,736,000 bales, ex-
J-Jusd'" 0 of linters, which amounted to 556,-
0( 0 bales; In 1910, the ginning after De
,? r 1 * exclusive of linters, was 1,424,-
000. linters about 400,000; therefore, on a (
basis of the near completion of this pick- j
Ing and ginning, the public is expecting
a crop estimate under 14,000,000 bales.
“I think the report will simply’ mean
the removing of one uncertainty and ob
stacle In the bull market, because with
Prospects of world’s consumption of 14,-
500,000 bales of American cotton, indica
tions are that the demand for the re
mainder of the crop will be sufficient to
sustain prices and even force a general
advance during the winter and spring be
fore the new crop becomes a factor.
"There is a growing feeling here that
positions have been evened up, so that if
figures are very bullish and the market
shows a sudden advance, there may be a
disposition to sell it temporarily for reac
tion.”
Trading was very light throughout the
morning session.
Sojne of the large spot houses bought
cotton freely’ and were the best buyers
during the entire day. There was some
local short covering. The ring crowd
seemed to be uneasy and covered.
At times the market was stagnant.
The selling was little and scattered.
Gossip among the ring crowd was some
what confused. Many say the report will
show figures around 13.500,000 bales.
Some went as high as 14,500,000.
Dallas wires: “Texas—Generally cicudy
and cold; 18 at Amarillo; raining at Sar
Antonio, snowing at Bryan. Oklahoma—
Generally clear and cold.”
Following are 11 a. m. bids: January
12.60, March 12.68, May 12.65, July 12.65.
NEW ORIJSANS, Dec. 12. -Hayward &
Clark: The weather map shows fair in
Oklahoma, northwest Texas. Arkansas
and North Carolina. No rain in those
states; cloudy elsewhere; general rains.
good«over south Texas. Indications are
for ’fair and colder In northern half of
belt; cloudy and further showers In south
ern portion; freezing probably to the
coast.
Liverpool cables: "Look for bureau of
13,700,000 or less.”
The New Orleans Times-Democrat says:
Smaller movement; higher and firm spot
markets and spread of belief *that today's
crop guess by the government will fall
below 14,000,000 bales, linters excluded,
sent additional shorts to cover, and
throughout the session the contract divi
sion reflected great strength.
The government will estimate the
growth of 1912 in 500-pound bales. The
running bale is heavier than 500 by some
I 27 pounds, according to Mr. Hester’s rec
ord thus far this season. Consequently,
I the figures given by the dei>artment of
agriculture today will have to be reduced
by about 5 per cent in order to make the
figure read “commercial bales." How
ever, the talent as a rule will draw no
such nice distinctions, but will ad, say,
a half million bales to the government
figures, to include linters, and then, if
the Interpreter be a very large crop man,
he will add another half million bales
because the government underestimated
last year’s crop. On the other hand, the
moderate crop people, who of late have
vigorously endeavored to convince the
trade that only a scant and unimportant
remnant remains unpicked in the fields on
December 1, will claim that since the gov
ernment estimate is in 500-pound bales,
the growth, In running bales, was record
ed in smaller figures, and that any crop
under 14,750,000 bales, with consumption
running on record proportions, is bound
to constitute a bullish condition in the
cotton market.
Estimated receipts Friday:
1912. 1911.
New Orleans .... 7.000 to 8,000 8,592
Galveston 17,000 to 18.000 16,449
13,820,000 BALES IN
1912-I_3 COTTON CROP
WASHINGTON, Dec. 12.—A report is
sued today by’ the crop reporting board
of the department of agriculture estimates
that the total production of cotton in the
United States for the season of 1912-1913
will amount to 6,612,335,000 pounds (not
including linters), equivalent to 13,820,000
bales of 500 pounds gross weight.
The following table shows the estimate
by’ states for the yield of the 1912-1913
season, compared with last season:
STATES— | 1912-13. 1911-12.
Georgia ! 1,701,000' 2,256,006
Virginia 23,000
North Carolina 878,0001 935,000
South Carolina 1,184,000: 1,480,000
Florida 73,000
Alabama I 1,330,000'] 1,600,000
Mississippi ' 1,109,0001 1,940,000
Louisiana ’ 435,000 395,000
Texas 4.850,000 4,280,000
Tennessee ’ 280,000: 240.000
Arkansas 854,000) 915.000
Missouri I 68,000
Oklahoma ! 1,039,000 ( 915,000
California [ I 11.000
Total estomate 13,820,000| 14,885,000
xTotal yield . .c ? [16,138,0W)
x—Hester’s commercial crop.
COTTON MARKET OPINIONS.
Thompson, Towle & Co.: It would re
quire a very low crop estimate to ad
vance prices much.
Logan & Bryan: The government re
port will doubtless do much toward shap
ing the immediate course of the market.
A. Norden & Co.: We believe higher
prices will be seen before long.
Miller & Co.: We advise meeting
strength following the bureau with sales.
THE WEATHER
Conditions.
WASHINGTON, Dec. 12. —The weather
will be fair tonight and Friday in the
region east of the Mississippi river. Tem
peratures will be lower tonight throughout
the Atlantic and eastern Gulf states, and
will rise Friday in the Like region and
the Ohio x’alley.
Frosts are forecast tonight for north
ern Florida and freezing temperatures for
the east Gulf states, Georgia and the
Carolinas.
General Forecast.
Following is the general forecast until
7 p. m. Friday:
Georgia—Fair tonight and Friday; cold
er tonight: temperature below freezing.
Virginia—Fair tonight and Friday; cold
er fii east and central portions tonight.
North Carolina and South Carolina-
Fair tonight and Friday; colder tonight;
temperature below freezing.
Florida—Probably fair tonight and Fri
day; colder tonight and In south portion
Friday; frost In north portions tonight.
Alabama and Mississippi- Fair tonight
and Friday ; colder tonight; freezing tem
perature in the interior and frost near
the coast.
Louisiana—Fair; probably frost.
Arkansas —Fair: not so cold.
Oklahoma —Fair and warmer.
East Texas —Generally cloudy; rain in
south; warmer.
West Texas —Generally fair; warmer.
NEW GROCERIES.
NEW YORK, Dec. 12.—Coffee, steady;
No. 7 Rio spot, 14014%.
Rice, steady; domestic, ordinary to
prime, 4%®5%.
Molasses, steady; New Orleans, open
kettle. 400 50.
Sugar, raw. steady; centrifugal. 4.05;
muscovado, 3.55; molasses sugar, 3.30; re-,
lined, quiet; standard granulated, 4.95; cut
loaf. 5.70; crushed. 5.66; mold A, 6.25;
cubes. 5.15; powdered, 5.00; dalmond A.
4.90; confectioners A, 4.75; No. 1, 4 65;
No. 2. 4.60; No. 3, 4.55: No. 4, 4.50
BUTTER, POULTRY AND EGGS.
NEW YORK, Dec. 12. -Dressed poultry,
steady; turkeys. 130 25; chickens, 12016;
fowls, 110 16; ducks. 8: geese. 130 18
Live poultry, easier; chickens, 12013;
fowls. 12014: turkeys, 16 asked; roosters,
19 asked, ducks. 140 15; geese. 130 14.
Hutter, weaker; creamery Hpecluls, 33
I , creamery extras, 31035%; state
dairy, tuba, 24034; process specials, 27%
'( 28.
Eggs, unsettled, nearby white fancy,
42044. nearby brown fancy, 320 34, extra
tltsls, .14; lirsta. 2<1u28
(’hee-.e, firm, white tullk spe' lals. 17 %q
i». wool, milk fancy. 16% <i 17% . skims.
' .pccUr Uli', lidius. fine, I’J» ul4
MORGANfiNOLOEB'
SUPPORT STOCKS
Union Pacific Purchased in
Large Blocks, Causing Ad
vance Throughout List.
By CHARLES W. STORM.
NEW YORK, Dec. 12. —Bear raiders
were still in control at the opening of the
stock market today, and most of the
standard stocks showed material losses,
although support became visible after fif
teen minutes of trading This gave the
list an Irregular appearance.
Canadian Pacific showed the biggest
loss in -4_be first trading, opening at 256,
or 2% under last night's finul. Pearl
ing dropped 2 points, then rallied 1% over
the low opening price.
Considerable attention was directed to
Union Pacific because of the slump hi that
issue late yesterday. Union Pacific opened
at 154%, or % off, but soon increased Its
net loss to a full point. Amalgamated
Copper was weak, losing 1% on the first
transaction. American Tobacco was also
freely sold and dropped 1 point. Among
the other losses sustained in the early
morning were Atchison %. Southern Pa
cific % Wabash %, Utah Copper %, Steel
common %. Steel preferred %. Texas Pa
cific %, Rock Island %, People’s Was (Chi
cago) ■%, Norfolk and Western %, Pa
cific Petroleum 1%, Erie %.
Advances of % each were sustained In
Westei'n Union and General Electric.
Southern Pacific soon recovered Its early
loss and gained % over Wednesday’s,
closing. Fractional gains were also
scored by Missouri Pacific. Corn Prod
ucts, Baltimore and Ohio and Lehigh Val
ley opened unchanged, hut soon dropped
to 1.65%, for a loss of %. Halt an hour
after the market opened, Canadian Pa
cific’s net loss for the morning was 3%.
The curb market was heavy.
Americans in London were unsettled
and flat. Canadian Pacific there slumped
on general selling, but at the close of the
London market had risen above Its lowest
price there.
Vigorous buying appeared in the late
forenoon and nearly everything on the
list shared in the upward movement.
Canadian Pacific was the most prominent,
advancing 4% points to 259%. Pit gains
of more than 2 points were, recorded in
Reading, Steel common, Union Pacific,
Southern Pacific, Smelting, Amalgamated
Copper, Atlantic Coast Line and Lehigh
Valley. Fractional upturns were made in
Erie, Atchison, California Petroleum. Har
vester and American Can. Call money
opened at 4% and call loans up to noon
were made at that figure
Improvement was shown in the market
In the last hour after a day of excited
trading. Prices of most of the standard
issues held firmer and advanced above the
low range. Certain banking interests
closely identified with the exchange
bought heavily of Steel and Reading. One
report in Wall Street was that some of
the heavy selling of the past three days
had resulted from the transfer of stocks
of a big estate into cash.
The market closed heavy. Governments
unchanged; other bonds steady.
Stock quotations:
STOCKS— IHI gh I Low. I Sale. I Bld.lCl’M
Atnal. Copper.] 75% 73% 75% 74% 74%
Am. Ice Sec...: ....; .... 18% 18
Am. Sug. Ret'. 116 U3%115% . ..113%
Am. Smelting 70%[ 68%l 69% 69% 69
Am. Locomo. .| 41% 40%' 40% 41%j 41
Am. Car Fdy... 54% 54%' 54%! 54%i 53%
Am. Cot. Oil .. 56% 55%j 66% 56% 55
Amer. Woolen 1 ... .' .... . ...' 1.9% 19%
Anaconda ....’ 38%! 37% 38% i 38% 37%
Atchison !105% ! 104% 105% 105% 104
A. C. L. '.138 1136%!137% 136% 136%
Amer. Can ... 28% 27% 28%' 28% 27%
do. pref. ..114%1112 [114% 113% 113
Am. Beet Sug. 49% 47%; 48% 48% 48
Am. T. and T.,138%%38 138 130% 137%
Am. Agrlcul. . .... .... .... 54% 54
Beth. Steel ...I 36 34 35% 35% 34%
B. R. TI 87%[ 86 ' 87% 86% 86%
B. and 0104% 10.3% 101% 104 103%
Can. Pacific .. !260%!255 259% 258 [268%
Corn Products 13%i 18% 13% 13% 13%
C. and 0 78%! 76%! 78% 77% 77%
Consol. Gas ~;138%‘135% 138% 138% 136%
Cen. Leather . 27 ' 26% 27 27%i 26%
Colo. F. and I.[ 32 32 32 ; 33%; 32%
Colo. Southern .... .... 32%; 34
D. and H. ...' ...J .... ...,|162 162%
Den. and R. G. 19 I 19 1 19 19% 19
Distil. Secur. ~ 20% 20 20% 20%; 19%
Erie I 31%) 30%; 31% 31% 31%
do. pref. .. 48%'; 47%l 48% 48%: 48
Gen. Electric .182 182%!181 % 1181 %|IBO
Goldfield Cons.' 1 1% 1%
G. Western .... 17 : 17 17 16% 16%
G. North , pfd.[134%|132%|134%H33%:132%
G. North. Che . 40% 40 ! 40%: 41 ; 40
Int. Harvester .... .... .... 109 106
111. Central ..! ...J .... . ...!125 125
Interboro ; 17 | 16%[ 16% '6%: 16%
do, pref. .. 59%; 57% 59% 59 I 58
lowa Central . .... 11 10
K. C. Southern 26 26 ! 26 26%; 26
K. and T; 25% 25%) 25%: 26%: 25%
do, pref. .. ..... 60% 60
L. Valley. . . 168% 165%)168%;168 !166%
L. and N. . . 1141% 139%|141%|141 )139%
Mo. Pacific . .! 41% 40% 41 %! 41% 40%
N. Y. Central|lo9% 108% 108%: 108% 108%
Northwest. ~135 135 135 135% 134%
Nat. Lead . .! 56% 56%! 56%| 56 . 54%
N. and W. . .[llO% 110%[110%:il0 ,11.0%
No. Pacific . . :120%‘118%'119% 119% 118%
O. and W. [31% 30%
Penn 120 %! 120 %; 120 % 120 % 120
Pacific Mail. . 1 . ...| 29% 30%
P. Gas Co . . 110%il09%;110 110 109%
P. Steel Car. .' 34% 34
Heading . . . .165 161% 164% 164% 164%
Rock Island. .1 23 22%' 23 23% 22%
do. pfd.. . .! 44 : 42% 44 ; 44% 46%
R. I. and Steel 24 1 23% 23%; 24% 23%
do. pfd.. . . 86 ! 84% 86 86% 84%
S. .1 .... I 1 45 [4B
So. Pacific . . 110%'107%)109% 109 108%
So. Railway 27%| 27 ! 27%' 27%' 27%
do. pfd.. . .’ 79%| 79% 79%; 79%; 79%
St. Paul. . . .' 112% 109%' 112%' 111 % [llO%
Tenn. Copper 1 36% 34 , 36% 36% 25%
Texas Pacific i 21%1 21%' 21%1 22 ! 21%
Third Avenue. ; ... 34% 34
Union Pacific 156% 153%,156%,155 155
U. S. Rubber 62% 62 62% 62%; 62%
Utah Copper . [ 56 54% 56% 55%
U. S. Steel ..) 66%, 64% 66 65% 64%
do. pfd.. . . 107% :107%) 107% 108%'107%
V. Chem. . 43 42 43 ' 42% 44%
West. Union . 73% 72 73%) 72% 72%
Wabash. . . . 44'44 4
do. pfd .... .... 13 12%
West. Electric 75% 74%; 75 76% 75%
Wls. Central .! ....I ....) .... 50 ! 49
W. Maryland. _.. 51% 51
Total sales, 921,700 shares.
MINING STOCKS.
BOSTON, Dec. 12.—Opening: Calumet
and Arizona, 67%; East Butte 13%: Lake
Copper, 73; Shannon, 12: Butte Superior,36
RUMOR OF 100.000 SHARES U. P
SOLO TO KUHN-LOEB INTERESTS
NEW YORK. Dec. 12. It was rumored
today that Kuhn-Loeb interests have
taken over 100,000 shares of the Union
Pacific from the Harriman estate. If
this Is true, it should prove a bullish fac
tor in the stock market.
NEW YORK COFFEE MARKET.
Coffee quotations:
l_Opening j_ Closing
Januaryl3.ls 13.15013.20
Februaryl?.2s®l3.3s 13.250 13.30
Marchl3.s2 IS 54'1l 13 ~5
Aprill3.62® 13.70 13.f.4® 13.60
May. . . 13 76 13.71'u 13 75
Junel3.76® 13.81 13. Wa 13 81
Ju1y13.86 13 85 0 13.86
Augu5t13.88013.95 13.90® 13.91
Septemberl3.94 13.35013.96
Octoberl3.94 13.96013.96
Novemberl3.96 18.95® 13.96
December 13.02® 13.06
Closed steady Sales. 92,000 bags.
COTTjON SEED OIL.
Cotton seed oil quotatlona:
~ I o pen ing | Clo~n a
Spot 6.25 <lll4O
December6.3o® 6.35 6.28® 6..30
January 6.234i6.32 6.3306.35
February6.3o® 6.36 6.26 0 6 Lit
March6.33® 642 633 a 6.34
April6.4lo 6.48 6.35'«6.?7
Maj 6.4906.50 6.-13® 6.44
June . ... 6.5006.60 6.4406.48
Jul> .... . <1.5306.66 <1.47 </<7 <8
..«<! >ileud> sales 16’0“ Iw,ire’s
ATLANTA MARKETS]
EGGS—Fresh country, candled, 33@350.
BUTTER—Jersey and creamery. In 1-lh
blocks, 25@27%: fresh country, dull, 15®
20c.
DRESSED POULTRY—Drawn, head
and feet on, per pound: Hens, 16@17e;
fries. 20®22%; rosters. 8® 10c; turkeys,
owing to fatness, 17@18c.
LIVE POULTRY—Hens, 35ftf40c; roost
ers. 25@30c; fries. 25@35c: broilers, 20®
25c: puddle ducks. 25®>30c: Pekin ducks,
35®40c; geese, 50@60c eacn; turkeys, ow
ing to fatness. IS(U 18c
FRUITS AND PRODUCE.
FRUIT AND VEGETABLES—Lemons,
fancy, $5.50©6.00 per box; bananas, 2%@3
per pound; cabbage. 1.25®’1.50 pound; pea
nuts, per pound, fancy Virginia 6%®7c,
choice, s%ifi6c; lettuce, fancy. 81.50®1.75;
choice ?1.25@1.50 per crate: beets, 31.50®
2 per barrel; cucumbers. 75c©|l per crate;
Irish potatoes, 90c®. 1.00.
Egg plants. s2<i»Z.sO per crate, pepper,
|1@1.25 per crate: tomatoes, fancy, six
basket crates, $2.00® 2.50; pineapples, $2.50
® 2.75 per crate; onions, 75c® $1 per bush.,
sweet potatoes, pumpkin vain, 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-pcund
kits, 81.25.
Cornfield jellied meat In 10-pound dinnei
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%c.
Cornfield fresh pork sausage C'nk ol
bulk) 25-pound buckets. 12%c.
Cornfield frankfurters, 10-pound buck'
ets. average, 12c.
Cornfield bologna sausage. 2 s -pound
boxes, I.lc.
Cornfield luncheon hams. 25-pound
boxes’. 14c.
Cornfield smoked link sausage, 25-
pound boxes. 10c
Cornfield smoked link sausage In pickle
50-pound cans. 85.
Cornfield frankfurters In pickle, 15-
pound kits, 81.75.
Cornfield pure lard, tierce basis, 12%c.
Country style pure lard, 50-pound tins,
tl%e.
Compound lard (tierce basis), B%c.
D. 8. extra ribs, ll%c.
D. 8. Rib bellies, medium average, 12%c
D. 8. bellies, light average. 13c.
FLOUR AND GRAIN.
FLOUR—Postell's Elegant,'s7.6o; Ome
ga, 87.50; Carter's (best), 8700: Gloria
(self-rising), 86.25; 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),
$5.75; 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-Ib sacks, 84.0 Q.
CORN—Choice red cob, 73c; Tennessee
white, 72c; choice yellow’, 73c; cracked
corn. 71c.
MEAL—Plain 144-pound sacks, 71c; 96-
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, 50c; 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.
COTTON 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
oats, 50c: barley. $1.25.
HAY—Per hundredweight: -■ Timothy,
choice, large bales, $1 40; No. 1 small,
$1.25; N<4 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, SI.SO;
Holiday, wfiiite. 100-lb. sacks, $1.90: dandy
middling, 100-lb. 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; Homeclofne,
$1.60; Germ meal. $1.60: sugar beet pulp,
100-lb. 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,
J 2.30: Purina chowder, 100-lb. sacks, $2.10;
Eggo, $1.90: 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;
AUneeda feed. $1.65; Suvrene dairy feed,
$1.60: Universal horse meal. $1.30; velvet
feed, $1.50; Monogram, 100-lb. sacks, $1.60;
Victory horse feed. 100-lb. sacks. $1.60;
A. B C. feed, $1.55; MUko 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.
RlCE—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. $5.85 per case.
CHEESE- Fancy full cream, 20c.
SARDINES —Mustard, $3 per case; one
quarter oil, $3.
SALT- One hundred pounds, 53c; 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 case, 30 packages, 90c; 50-
lb sacks. 30c: 25-lb. sacks. 18c
MISCELLANEOUS —iteorgia cane syr
up. 38c; axle grease, $1 75: soda crackers,
7%c per pound; lemon crackers, 8c; oys
ter, <c; tomatoes (2 pounds), $1.65 case;
(3 pounds). $2.25; navy beans, $3,257 Lin a
beans. 7%e; shredded biscuit, $3.60; rolled
oats. $3.!0 per case: grits (bags), $2 40:
pink salmon, $3.75 per case; pepper. 18c
per pound; R. E. Lee salmon, $7.50; cocoa,
88c; roast beef. $3.80; syrup. 30c per gal
lon; Sterling ball potash. $3.30 per case;
soap. $1.50 0 4.00 per case: Rumford bak
ing powder $2.50 per cage.
FISH.
FISH- Bream and perch, 7c per pound;
snapper. 9c per pound; trout. 10c per
pound: bluefish, 7c per pound: pompano,
25c per pound: mackerel, 11c per pound;
mixed fish, 6c per pound; black bass, 10c
per pound: mullet, $9 00 per barrel.
OYSTERS -Per gallon: Plants, $1 00
extra selects, $1.50; selects, $1.40;
straights, $1.20; standard. $1; reifers. 90c.
HARDWARE.
PLOWSTOCKS—HaIman, 95c: Fergu
son, $1.05
AXLES - $7 0008.00 per dozen, base.
SHOT—S 2 25 per sack.
SHOES—Horse, $4.500 4.75 per keg.
LEAD—Par. 7%c per pound.
NAILS—Wire. $2 65 base.
IRON —Per pound, 3c, base; Swede, 4c.
NEW YORK PRODUCE MARKET.
NEW YORK, Dec. 12.—Wheat firm:
May, 95%®95%; spot. No. 2 red, 1.06 in
elevator, and 1.07 f. o. b. Corn firm; No.
2, in elevator, nominal: export No. 2, 54%
f. o. b.; steamer nominal: No. 4, nominal.
Oats easy; natural white, 37040; white
clipped, nominal. Rye steady; No. 2,
nominal, f. o. b New York. Harley dull;
malting, 600 70 c. 1. f. Buffalo Hay firm;
good to prime. 9001.15; poor to fair, 75®
i. 05 Flour steady, -pring patents, 1.60®
4 95; straights, 4.50 ■( 1.60; clears. 4.25®
4.35: winter patents, 5.300 5.40; straights,
4.65<i 4.8 u; clears, 4.31(04.40.
Heef llrrn; family. 24.U0® 25.00. Pork
weak; mess, 19.2501'1.50; family, 23.000
4.00. Lard easy; city steam, !(>%'•( 10%;
middle West spot, 11.15 (bld). Tull.a
dull: city, in hogsheads, 6%, nominal;
country, in tierces. 606%
LIGHT OFFERINGS
POT CEREALS OP,
Firm Cables and Better De
mand Result in Fractional
Gains—Oats Irregular.
CHICAGO Dec. 12.—The strength
shown in wheat this morning was mainly
on the light offerings in the pit, as the
demand was not of an urgent character.
Early advances were shown of % to %c
with sales of May at 89 to 89'4®%, and
July at 86% to 86%c. The market in the
ohl world was rather unsettled, showing
considerable strength early but weakened
later. The weather in the Argentine was
reported as unsettled in the first cabin
received, but later it was said to have
been more favorable.
Corn was a shade lower on the excel
lent weather for shelling, and movement,
and the expectation that receipts will
show marked Increases. Liverpool was
easier on the American cables and reports
of a large acreage planted in Argentine.
Oats were in smaller offerings and the
demand was excellent at fractionally bet
ter prices.
Hog products were firmer, although hogs
at the yards were a shade lower.
The buying of wheat continued right up
to the close with shorts and Investors
taking hold freely and resting spots for
the day were % to %c higher. One of
the features of the market was the fact
(hat those who have been selling every
time a' strong market was in evidence
were slow about putting out short lines
today.
Corn closed with advances of % to %c
and resting spots were around tne best
prices reached.
oats were %c lower to about %c high
er and hog products were fractionally bet
ter all around.
('ash sales of grain today w’ere: Wheat,
65.90(1; corn, 95,000; oats, 130,000 bushels.
CHICAGO GRAIN MARKET.
Grain quotations:
Previous
Open. High. Low. Close. Close.
WHEAT—
Dec. 83% 84% 83% 84% 83%
May 89 j k 897, 89 89% 89%
July 86% 87% 86% 87 86%
CORN—
Dec 47% 48 47% 47% 47%
May 48% 48% 48% 48% 48%
July 48% 49% 48% 49% 48%
OATS—
Dec. 32% 32% 32 32% 32%
May 32% 31% 31% 32% 32%.
July 33 33 32% 33 32%
PORK—
Jan 18.65 18.62% 18.45 18.57% 18.55
M 18.25 18-.40 18.20 18.37% 18.25
LARD—
D'c 10.60 10.60 10.52% 10.52% 16.65
Jan 10.15 10.25 10.05 10.12% 16.15
M'v 9.97% 10.02% 9.90 9.97% 9.96
ftlBS—
Jan 9.95 10.00 9.87% 9.92% 9.95
My 9.75 9.80 9.72% 9.80 9.75
LIVERPOOL GRAIN MARKET.
Wheat opened unchanged to %d higher)
at 1:30 p. m. the market was unchanged to
'id lower. Closed unchanged.
Corn opened %d lower, at 1:30 p. m. ,
the market was %d lower. Closed un
changed to %d higher.
CHICAGO CASH QUOTATIONS.
CHICAGO, Dec. 12.—Wheat, No. 2 red.
1.02®1.03; No. 3 red, 9001.00; No. 2 hard
winter. 85%087: No. 3 hard winter, 83%
'1186; No. 1 northern spring, 86%®'87%:
No. 2 northern spring. 84%@86; No. 3
spring, 82’11 84%.
Corn. No. 3, 45%@46%; No. 3 white.
46%; No. 3 yellow, 46® 46%; No. 4, 44®(
44%; No. 4 white, 44045%; No. 4 yellow,
44%®45%.
Oats, No. 2 white, 35; No. 3 white, 33%
033%; No. 4 white, 32®33; Standard, 33%
@34.
PRIMARY MOVEMENT.
~~WHEAT— ■ 1912. I 1911.
Receipts’ 1,388,000 578,000
Shipments: 343,000 ■ 288,000
CORN— ~ I 1912- 1 1911-
Receiptsi 609.000 788,000
Slll p m cuts 316,000 485,000
CHICAGO CAP: LOTSI
Following are receipts for Thursday and
estimated receipts for Friday:
IThtirsday.l Friday.
Wheatl 22 23
Corn 235 217
Oats . . 166 91
Hogs 26,000 19,000
BREAK IN STOCKSi CAUSES
GRAIN PRICE DEPRESSION
CHICAGO, T>ec. 12.—The Inter-Ocean
says: , .
"Speculators who were bullish on grain
yesterday said after the close that the
decline from the top prices was chiefly
due to the break In stocks. It was said
that the local professionals were well out
of their wheat, but only part of the early
buyers of corn had unloaded. It was
the belief that any improvement In the
stock market would tend to create more
confidence among holders of grain. Bears
on all grains regarded bulges as only tem
porary and said that aflvances should be
taken advantage of to make sales.
“Conservative commission houses ad
vise a trading position on all grains.”
LIVE STOCK MARKET.
CHICAGO, Dec. 12.—Ilogs—Receipts
26.900. Market, steady to 5c lower. Mixed
and butchers. $7.0007.45; good heavy.
$7.300 7 45; rough heavy. $7.00@7.30; light,
$7 000 7.40; pigs, $5.25@7.00; bulk, $7,250
7.35.
Cattle—Receipts (1,000. Market steady .
Beeves $6.40011.00; cows and heifers.
$2 75@8.50; stoekers and feeders, $5.00®
9.75; Texans, $6.40 0 8.50; calves, sß.76®'
1 "sheep- Receipts 17,000. Market strong.
Native and Western, $3.5005.00; lambs.
$5.150 8.25.
MACONFOLK SEEK BAN
ON NEGRO LOCKER CLUBS
MACON. GA., Dec. 12. —Chy council
has been asked by a score of prominent
property owners and business firms to
refuse to renew the licenses in 1913 for
the negro locker clubs and saloons on
Fourth street, between Mulberry and
Cherry, and it is very likely that the re
quest will be granted.
The saloons will neither be allowed in
the future on Cotton avenue, the city’s
most frequented shopping thoroughfare.
It is the tendency of council to inhibit
the operation of saloons in the heart of
the commercial district or where prop
erty values may be affected.
CHICAGO GIRL IS LIKELY
TO BE BALKAN QUEEN
CHICAGO, Dec. 12.—Friends of Prin
cess Jean Ghlka. who was Miss Haze!
Singer, of Chicago, learned today that
the American girl may useend the
throne of Albania.
There are three Albanian piince*. ail
pretenders to the throne, but Prtnc*
Jean Is said to have the best prospects. .
Win ii Prince Jean married the Chi
cago girl be became $500,01)0 richer by i
hi r d<>« . He bus the necessary funds
lb push lib ciahms to the throne.
19