Atlanta Georgian. (Atlanta, Ga.) 1912-1939, April 25, 1913, Image 14

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|-V % :. f I u‘d Ins the *b( po —— tej ■ mi 1 14 THE ATLANTA GEORGIAN AND NEWS, FtfWkT. A’PftTT, 25. 1913. Today's NewYork Stock Market Grand Total in This Country Four and One-half Billions—$45 for Each Person. By B. C FORBES The United States has more sav ings bank deposits than any other country in the world. It has four times as much as France, as much as France and Germany combin'd anC1 not far from half as much as all other countries combined. Its grand total is $4,500.000.000—four and a half billions of dollars. The average to each depositor is $445. If the total were distributed, everv man. woman and child in the Union would get fully $45. I shall not set forth the facts of the savings bank situation in New York State. The conditions will be found, on close examination, to apply in some particular to nearly every State in the Union. New York State alone has savings bank deposits of $1,690,000,000. This is half as much again as the whole of the United Kingdom and is notj| n t. Harvester 103 7 a very far from twice the amount held , n central in Francb. owing iVCSt jetlier with the Stock quotations: STOCK— High. xAmal. Cop 75' 4 Am. Ice Sec 25‘ _> Am. Sufi- Ref.. 111% Am. Smelting. 68 ! 2 Am. Lccomo.. 35 Am. Car Fdy.. 49’* Am. Cot. Oil.. 46 Am. Woolen ... Anaconda .. 38 1 2 Atchison 101 1 4 A. C. L American Can 34 do. pref. 94* 2 Am. Beet Sug. 30 4 Am. T.-T. 129' ? Am. Agricul Beth. Steel.. 34 B. R. T. 90 3. and O. 99- „ Can. Pacific.. 2*12 Corn Products 10*4 C. and O. 67-4 Consol. Gas. . 130 Cen. Leather.. 25 Colo. F. and I. Colo. Southern. D. and H. . . 160 Den. and R. G. Distil. Secur.... 16 1 /* Erie 29' t do, pref. 44' K Gen Electric. 139- 2 Goldfield Cons. . C. Western .. G. North, pfd. 127 G. North. Ore. 34 table shows the ami close, to- previous close: Interboro . do, pref. . . Iowa Central. K. C. South K. and T. do. pref. . This stupendous sum is »n urgent need of additional protection Too many savings banks in the Empire State are hovermq danqerously near the bankruptcy line. Some of them have not a reserve of $1 for each $1UU j l. Valley on deposit Worse still, there is no law enabling the authorities to en force the correcting of this alarminfl deficiency. Nothino more deplorable could be imagined than any untoward incident which would start a stam pede of the 3.000,000 savings bank de positors in this State wnich might 116 116% 56- 4 23 3 60 159' ■ Low. 74% 25-4 im 4 67*4 35 49- 4 45% 37-2 101 33' 8 94- 8 30 129- 4 33' 2 89% 98% 241' 4 10% 66- 2 130 24'. • 159 16- . 28% 43% 139' 126- 4 34 103 7 b 113% 115' 2 54^4 23% 60 158' 2 spread to the 10.CUO.000 depositors scattered throughout the Union. All danger can be averted by prod ding Albany Legislators into passing a bill now before them “to amend the banking law, in relation to the crea tion of a reserve fund for savings banks." Voters should let their State Representatives know very emphat ically that no shilly-shallying with this vitally important and necessary measure will be tolerated. The need for action WITHOUT DELAY is im perative, but opposition is being en gineered by certain politicians who put their pockets before patriotism. The proposed law is not revolu tionary. It will upset nothing. It will not stop the payment of a single savings bank dividend. A few instie tutior.s which have no business to be paying more than 3 1-2 per cent would be obliged to keep to that rate until thev had built up a reserve offering reasonable protection to its oatrons. This is a light price to pay for the removal of the very grave danger that will he engendered by the defeat of the bill. At present the State Banking Department is abso lutely powerless. Its hands are tied. It cannot lift a finger until a bank’s solvency has been 'impaired! It can not lock the stable door until the horse has been stolen. L. and N. . Mo. Pacific. . N. Y. Central Northwest.. . Nat. Lead . . N. and W. . . No. Pacific. O. and W. . . Penn Pacific Mail . P. Gas Co. . . P. Steel Car . Reading . . . Rock Island do. pfd. R. I. and Steel do. pfd. . . S. -Sheffield So. Pacific. . So. Railway do. pfd. . St. Paul Tenn. Copper. Texas Pacific Third Avenue Union Pacific. U. S. Rubber. Utah Copper . U. S. Steel do. pfd,. . . V. -C. Chem. W. Union. . . Wabash do. pfd W. Electric W. Central W. Maryland Total sales, 354,400 shares, dend. 1 1 ^ per cent. 37- 8 101% 130 105'/ 2 115: 8 30% 114 3 8 111' 2 25% 163' 4 21' 2 36 24'/ z 83% 99- 8 25*/ 2 77*b 108' z 34' 2 152% 62 53 61 7 3 108 s a 32‘ 4 66' a 37- • 101' 2 129' 8 105 114 7 a 30 114' 8 110- 24'/* 161% 21'a 35»/ 8 24' « 83% 98'/ 2 25'8 77% 1071/4 34' 4 151'/ a 61- 8 52% 60% 108% 32' 2 66 Clos. Bid. 73% 25' 4 111% 67' 2 34' N 49% 45% 20 37% 101 121 33 93-4 29% 129' 2 50 89% 98' 4 241' „ 10% 65' 4 129 24- 2 32% 30 157 16% 28'/ 2 43' • 138' 4 o 14% 129 34' 2 103 114' 4 - 54' 2 8 23% 25 ! 2 60 137' 133% 36V 2 101% 129 49 104% 114% 30 114' 4 24'/ 2 109^4 24% 161% 21' a 35% 24 83' 2 30 98-* 4 25 77 107'. 8 34' 8 17% 34% 151' a 60% 52 60-% 103 1 4 32' 2 66 3 10- 8 63 52 37% Prev. Close. 76- 2 25* 2 113 66' 4 35 50 46' 2 21 38 101' 8 121' a 34% 93% 30 127 55 90 95% 240 10% 67% 131 24*4 32 30 159 ACREAGE FIGURES SEND COTTON OFF General Selling Follows Bearish Report of New York Author ity in the Trade. 20' ; 16'/; 29' , 44' 4 139' ; ; 127 34 104 116' 4 116' 4 56 25' 2 60' 8 158*4 133% 37% 101' 2 130 49 105' 2 115 30 114-4 24% 111 25 162- 2 21% 36% 24% 84 30 98% 25% 77% 108% 35 17 35 162% 62' 52% •1* 108 k 32* 62' , 3 10% 63 54% 38 v Ex-divi NEW YORK, April 26.—The New York Commercial’s annual cotton acre- hk** estimate this morning, which placed 1913 at 36,456,810 acres, proved a bearish force in the cotton market. Prices, however, opened only 1 to 1 points off from last night's close. Offerings were immediately increased. The ring ham mered; also, Wall Street, with the result of May, July and August dropping 10 points from the initiul level. July soon increased its decline to 11 points. Later positions, especially October and De cember. received fairly good support from the large spot houses, and their recessions were held within a few points of the opening. The report was construed as bearish when compared with the census bureau acreage estimate last year of 34,097,000 acres and 36,681,000 acres f01* 1911, when the “bumper crop*’ was produced. The reactionary tendency wus sus tained throughout the morning session and prices were kept at the early low level. The market was friendless during the late forenoon, with the exception of scattered buying by commission houses. There was no evidence of any special support. The Dulls were inclined to withdraw, waiting for the selling move- menl to pass. The decline was helped along by the absence of heavy frost, which was pre- cted for Oklahoma. Weather condi tions were favorable over tlie belt. Many are inclined to the belief that the market should have a good reaction, but it Is not expected until after May is out of the way. The market is en tirely a weather affair. The support is said to De from strad- lles, buying here and sailing in other markets. It also was said that the re port of mill takings for the week would be of an unfavorable character. This brought scattered short covering, but prices failed to bulge to any great ex tent. May was steadied around 11.37; July. 11.44; August, 11.30; October, 11.16 and December. 11.18. At the close the market was steady with prices showing a net decline of 9 to 17 points from the final quotations of Thursday. RANGE IN NEW YORK FUTURES. MOW YORK, April 26.—With a great portion of the short interest eliminated and several long lines liquidated, the low-priced men have more confidence in the short side All old recent bullish factors have been discounted. River news is discounted and in the overflowed district reports are optimistic. Rlordan was a good buyer of new' crops The ring crowd, after selling, bought old crops, most of which was said to be for short covering * ♦ * Schill bought October and I>ecember, also Rlordan. Wilson bought 10,000 bales of July at 11.45 LIBERAL BUM Demand Abroad and Heavy Buy ing From Conservative Quar ters Cause Gains. CHICAGO, April 25.—Wheat advanced as much as lc this morning on the j strength shown abroad, on which there , . .. . . 1 was heavy buying by shorts at Chicago Room traders were bearish. Sentiment T , continues bearish | ^he Buenos Ayres market was again m * • j higher, along with the others. North- A levee is said to have broken at | western receipts were largely in excess Krotz Spring, opposite Jiaton Rouge, La. j f ,f A year ago. World’s shipments for Monday are expected to equal the pre- * X J CfJ Ap | 11.40 11.57-59 My !11.46-11.46! 11.31 11.33ill.3a-34111.47-48 Jn ; | 11.41-43 11.57-59 Jly 11.53111.64111.37 11.39111.39-40ill.65-56 Ag 11.39:11.39111.24 11.25ill.25-26 11.41-42 Hpt |11.19 11.19 11.19!ll. 19 11.13-16111.23-26 Or ,11.18-11.20 11 10J1L12 11.12-13111.21-22 De 11.20111.21 11.12 11.14 11.14-15 11.24-25 Jn 11.14(11.17|11.07 11.10 11.09-10,11.18-19 Mh 11.20,11.20 11.16 11.15; 11.14-16111.24-26 Closed steady. LIVERPOOL COTTON MARKET. LIVERPOOL, April 25.— Due un changed to 1 poipt higher on near po sitions and unchanged to % point lower on distant months, the cotton market hen* opened quiet at a net advance of 1% to 2 points from Thursday’s close. At 12:16 p. m. the market was quiet and steady, % point higher. I-ater the mar ket advanced 1 point from 12:15 p. m. Spot cotton 6.77d; sales 6,006 bales, in cluding 5,400 American; imports 1,000 bales, none American Port receipts are to-day estimated at 16,000 bales, compared with 14,527 bales last week and 32,327 bales last year, against 9,535 bales for the same week in 1911. At the close the market was steady with prices at a net decline of 1% to 2 points from the final quotations of Thursday. Futures opened quiet Opening Prev. Range Close. Close. .6.52Y--6.5U 6.49 6.50% .6.46% 0.44% 6.46 .6.47 -6.46 6.44 6.45% Prevention is cheaper. Once let dis aster break out. and there might be j no cure. Remember, $1,690,000,000 de posits are at stake in New York State alone, and $4,500,000,000 throughout the country. Moreover, an upheaval I among savings banks would precipi-j tate panic among every other class of banking institutions. The great majority—nearly all—of our savings banks have been capably. unselfishly and patriotically managed. They are philanthropic institutions Professional Element Inclined To The trustee of a savings bank accepts) a sacred office. His duty is not to pay unwarranted rates of interest in order to outdo a rival organization, but first, last and all the time to insure the absolute safety of every dollar entrusted to his care. jlLARGE interests SELL OFF STOCKS Be Bearish, and Liquidation Is in Evidence. April . April-May l May-June 1 June-July | July-Aug. , Aug.Sept Sept.-Oct. Oct.-Nov. Nov.-Dec, Dec.-Jan. Jan.-Feb. Feb.-M eh .6.45%-6.44% 6.42% 6.44 . 6.42%-6.4l .6.324-6.32 .6.19% .6.13 -6.12 .6.09 Closed steady. .6.08 .6.08 6.39 6.40% 6.29 6.80V5 6.16% 6.18% 6.09% 6.11% 6.06% 6.08M 6 06% 6.07% 6.04% 6.06% 6.05% 6.07% Dallas wires “Texas generally clear and pleasant; Oklahoma clear and cold; no frost reported.’’ * * * Following are 11 a. m. bids; May, 11.38: July, 11.46; October, 11.18; Jan uary, 11.13. * * • NEW ORLEANS. April 25. Hayward & Clark; The weather map shows fair in Texas; Atlantics cloudy, Central belt fine; rains in South Texas; heavy rains in the Mississippi delta and Louisiana; none elsewhere The cold wave has re ceded farther North and all danger from It seems past. Indications are for gen eral rains in the Central and Eastern States; fair In West and warmer. * * * Liverpool cables: “American middling fair, 7.29; good middling, 6.95; middling. 77; low middling, 6.61; good ordinary. J7; ordinary, 5.93.’’ , • * * Little Rock wires: “Raining here since last night, and cold; looks like more rain." * * * II is rumored about 1,200 notices arc our against May. Several of them were stopped. The New Orleans Times-Democrat says. “The fear of frost in Texas re strained sellers of new crop deliveries and a lingering suspicion that tenderable cotton may be in demand in May helped the old crop positions. Nevertheless, many people, deep down in their hearts, believe the new crop is making much better progress than last year and that trade support of May will not develop anything bordering on abnormal strength. “New York has begun to discover rea sons why less cotton than once expected will bo taken on May contracts and New’ Orleans, while still confident some cot ton will be taken up, has begun to dis cuss the probable volume of such trans actions in a greatly modified way. However, on this score, history, not prophecy, will keep the record straight vtous week and to exceed the corre sponding week a year ago and a de crease on passage is looked for. Corn wus a weather affair and was up %c to %c, with shorts the buyers. Argentine weather is favorable and Liv erpool was a fraction lower. Argen tine shipments were larger than com parative periods. oats were a shade better with corn. Provisions were higher with hogs at the yards. The fact that May wheat was under selling pressure <luring the entire day, and that the matter of price failed to call a halt on the selling, was the real factor as well as feature of the day. It was the weakening help of the session, and as the May future came out of the hands of longs in tots to suit, the shorts absorbed it in a goodly fashion, but at times they were seen to back away from it. The fact that there is nearly 2,000.000 bushels of wheat here and to arrive from Duluth drove many holders of the May out of the grain. Wheat closed % to %c better. Corn was unchanged to * to %e off, and oats were % to %c off. Cash sales were 75,000 bushels wheat; corn, 90,000 bushels, and oats, 90.000 bushels. Provisions were a little higher. CHICAGO GRAIN MARKET. Grain quotations: Low 934 92? 56 Following are 10 a. m. bids: 12.16; July, 12.01; October, 11.26; nary, 11.28. Estimated receipts for Saturday 1913. New Orleans 2,300 to 2,900 Galveston 2,500 to 3,500 May, Jan- 1912. 2,912 3,554 High WHEAT— May 9 3% •July Sept... . CORN— May July Sept OATS— May July Sept PORK— May.... 19.97% July.... 20.00 Sept.... 19.75 LARD - May.. .. 11.12% July.... 11.03 Sept.... 11.07% RIBS— May.... 11.50 July... 11.17% Sept.... 11.02% Previous Close. Close 36* 34 % TODAY'S PORT RECEIPTS. The following table shows receipts at the ports to-day compared with the same day last year: 1912. New' Orleans. Galveston. , . . Mobile Savannah.... Charleston. . . Wilmington. . . Norfolk Baltimore. . . . New York. . . . Boston Brunswick. Newport News . Pensacola .... Port Arthur. . , Pacific coast . . Various Total. 16,775 29,553 INTERIOR MOVEMENT. I 1913. 1912. Houston. . . Augusta. . Memphis. . St. Louis. . Cincinnati. Little Rock 1,671 281 1,837 3,123 149 2,146 667 209 1,547 2,539* 151 Total. 7,061 7.259 The savings banks. However, have j been victims of circumstances. You to the very finest securities in the land. But do you also know that these securities have been sinking, sinking, sinking in value during re cent years? Competition for capital has been so keen throughout the world that borrowers—Governments, States, municipalities, railroads, pub lic utility companies, industrial cor porations. mercantile firms and indi viduals—have raised interest rates to such heights that the older bonds, j carrying 3. 3 1-2 or 4 per cent, have j naturally fallen in price since they ! yield so much less than the ones now t being offered. By CHARLES W. STORM. NEW YORK, April 25 Bearish re ports of the dividend position of Illinois Central made that stock one of the weakest on the list at the opening of the market to-day. Illinois Central opened at 116. or at a loss of %, and immediately dropped to 115. Canadian Pacific followed its London lead, where it was strong on Berlin pun basing. It opened here at 241% for a gain of 1%. The list had an irregular appearance at the end of half an hour’s trading. Amalgamated Copper, which sold ex- dividend of 1%. opened at 75% against 1AYWARD A CLARK’S DAILY COTTON LETTER NEW ORLEANS, April 25.—The chief weather development overnight was that the cold wave diminished In inten sity and receded from the belt, thereby removing further danger from this source. . , ... Liverpool came in about one better than due. but spots sales were small. Political news is unfavorable. All Eu ropean capitals express concern over the gravity of the situation. The New’ York Commercial estimates the acreage for 1913 at 36,455,810, an in crease of 6.9 per cent, of w'hich 10 per cent is In Texas and 12 per cent in Oklahoma, while Georgia is given a de crease of 3 per cent. The mark* de clined In the early trading to W.98 for July and 11.24 for October, principally on selling on better weather than ex pected. but the decline was contested und prices soon rallied. New r York re ported a better feeling, less liquidation and inure buying by strong houses. RANGE NEW ORLEANS FUTURES. COTTON MARKET OPINIONS. Logan & Bryan: We think w'e will see lower prices, although rallies may be expected from time to time. Miller & Co.: We advise sales of new crops, until the present splendid out look becomes impaired. Norden & Co.: We think conservative purchases on easy spots are advisable Atwood, Violett & Co.: We think the rally may go further, in which event we think it would prove profitable to resell COTTON SEED OIL. Cotton Beed oil quotations: Spot . . . . , April .... May . . . , , June .... July . . . . August . . . September . . October . . . November Crude .... Opening. | Closing. ’ 7.00(ft 7.'50 | 7.00(g)7.30 | 7.0007.01 7.030 7.05 ! 6.990 7.01 7.03(0 7.08 7.01(0 7.03 7.0707.08 j 7.030 7.04 7.130 7.14 I 7.0807.09 7.110V 13 7.0707.09 6.84(0)6.87 1 6.670 6 6.550-6.57 ! 6.5106-55 ! 6.00 6% at the closing last night. Lehigh New York Central 3 1-2 per cant j Valiev opened % up, but lost its ad- bor.ds. which sold above 111, are now | vhikt I'nited Slates Steel common be- worth only 84. New York City's 4, ban at .61% for a fractional gain, but per cent bonds have fallen from | k 103 1-2 to 92 1-2. Atchison 4 per and sustained net cents, once worth 106, are now below 93. You can thus see how the assets of the savings banks have shrunk in value. Incidentally, I do not believe ♦he decline in bonds will go appre- c<aoly farther, but that is not the po'nt. THE WEATHER. st the advanc decline of %. St. Paul opened unchanged at 108%, hut soon dropped %. New Haven again was under pressure on account of the Interstate Commerce Commission inves tigation and declined %. Union Pa cific sold at 15S% for a fractional loss, hut later advanced. Southern Pacific gained *4. Pennsylvania declined %. The curb market was easy. Ameri cans in London were quiet, j The market after showing a waver- i' mb •. %y, sustained some amount of loss. l'i.i<>n Pacific f cl .»ff b at 115. . . KT .. Illinois Central was «>fi 1%. Canadian •WASHING ION. April ... There will | :l0 |fl 0 was up IK. The tone in the be* unsettled wen t hi \s h local rains late forenoon was weak. ’“-night or Saturday in the Ohio valley. call money loaned at 2V Tennessee and the East Gulf States and All important stocks were under pres- generally fair weather elsewhere cast sure in the last hour and sold off from of the Mississippi River tonight and j the opening and midday levels. Reading Saturday s. id around 161*-. which was a point 't'emperaTures will be lower to-night j un/or the opening and a fraction under and Saturday in the region of the Great j p, ( . noon level. Amalgamated Copper ;st i Other issues which declined American Can, Union Pacific. ► Q Mv 112.20 12 22 12.10.12.12112.11-12 12.20-21 jne 1 . T2.05-07 12.14-16 Jly 12 05il-.06 11.92,11.ySjll.92-93 11.05-06 Ag 11.68111 68iU.59Ml.59 11.54-57J11.71-7J «nt 11.29-21 11.39-40 Oc 11 27 11.30 11.19,11.20 11.19-2041.29-30 v v 11.19-21 11 29-31 Dc ii 27 11.30 11.19 11.19 11.19-20111.29-30 Jn 11.29 11.31 11.27 11.27:11 21-22 11 31-32 Fb 11.19-21 11.29-y Closed heavy; sales 16,800 barrels. 92% 91% 55 % 55% 56% 34% 34% 34% 19.77% 19.80 19.57% 11.02% 10.95 10.95 11.40 11.07% 10.87*1 92% 92% 91% 34% 34% 34% 19-77% T9.80 19:57% 11.02% 10.95 10.95 11.40 11.07% 10.87% 92 3 ti 91% 91 3 s OO 78 567^ 35% 34% 34% 19.80 19.92% 19.72% 11.10 11.00 11.00 11.45 11.00 11.00 CHICAGO CASH QUOTATIONS. CHICAGO, April 25.—Wheat, NO. 2 red, 1.08(0/1.10%; No. 3 red, 1.01(0)1.05;' No. 2 hard winter, 94%(0;96: No. 3 hard winter. 93(094%; No. 1 northern spring. 95(095%; No. 2 northern spring, 94(094%; No. 3 spring, 91<®93. Corn. No. 2. 56(056%; No. 2 white, 58(0 „8%; No. 2 yellow, 56(057; No. 3, 55(056; No. 3 white,’ 57%(a58; No. 3 yellow. 55(0 No. 4, 54(054%; No. 4 white, 56; No. 4 yellow. 54(054%. Oats. No. 2 white, 36%037%; Iso. 3 white, 35035%; No. 4 white, 340 35; 5 tandard, 3 6 % 0 36 %. EGGS—Fresh country, candled. 15(0 16c. BUTTER—Jersey and creamery, in l-lb. blocks, 27%(03Oc, fresh country, fair demand, 17%(022%c. DRESSED POULTRY—Drawn, head and feet on, per pound: Hens, 550 55c; fries, 22%(025c; .roosters, 8010; turkeys owing to fatness, 2O022%c. LIVE POULTRY—Hens, 50 @ 56c; roosters 25030c, fries 35040c, broilers 30035c, puddle ducks 3O(035c, Pekins 36040c, geese 50 0 60c each, turkeys, ow ing to fatness, 18020c. FRUITS AND PRODUCE. FRUITS AND VEGETABLES—Lem ons fancy $6.00 grapefruit $2.7503.00, cauliflower 1O012%c lb., bananas, 3c per pound, cabbage 5101.10 crate, peanuts per pound, fancy Virginia, 6%07c, choice 5%0 6c, lettuce fancy $2,500,300, beets $1.0001.23 in half-barrel crates, cucumbers 52.2502.50. Egg plants (scarce) $2.2502.75 per crate, pepper $2.500 2.75 per crate, to matoes fancy. Six-basket crates $2,250 2.75, pineapples $2.50(02.75 per crate, onions 600 65c per bushel, sweet pota toes, pumpkin yam 65070c. strawber ries 10(01.2%c per kuart, fancy Florida celery $2.5003.00 per crate, okra, fan cy 6-basket crates $3 0 3.00. FISH. FI UK—Bream and perch. 7c pound; snapper, 10c pound; trout, 10c pound; bluensh, 7c pound; pompano, 20c pound; mackerel, 7c pound; mixed fish 506c pound; black bass, 10c pound; mullet, $12 per barrel. FLOUR AND GRAIN. FLOUR—Postell’s Elegant $7.75, Omega $7.50, Carter’s Best $7.75, Qual ity (finest patent) $6.65; Gloria (self rising) $6 50. Results (self-rising), $6.25; Swans Down (fancy patent) $6, Victory (the very best patent), $6.65, Mono gram $6, Queen of the South (finest patent) $6.60, Golden Grain $5.60, Fault less (finest) $6.25, Home Queen (high est patent) $5.85, Puritan (highest pat- erit) $5.85, Paragon (highest patent) $5.85, Sunrise (half patent) 55.25, White Cloud (highest patent) $5.50, White Daisy (high patent) $5.50, Wnite Lily (high patent) $5.50, Diadem (fancy high patent) $5.75, Water Ltyy (patent) $5.15, Sunbeam $5.25, Southern Star (patent) $5.25, Ocean Spray (patent) $5.25, Tulip (straight) $4.15, King Cotton (half pat ent) $5, low grade 98-pound sacks $4. GROCERS. SUGAR—Per pound: Standard granu lated 5c. New York refined 4%c, plan tation 4.85c. COFFEE — Roasted (Arbuckle’s) $24.50. AAAA, $14.50 in bulk; in bags and barrels. $21; green 20c. RICE—Head 4%@5%c, fancy head 5% 06%0, according to grade. LARD—Silver leaf 13c pound, Scoco 8%c pound, Flake White 8%o pound, Cottolene $7.20 per case, Snowdrift $5.85 per case. SALT—One hundred pounds, 53c; salt brick (plain) per case, $2.25; salt brick (medicated) per case. $4.85; salt red rock per hundredweight $1; salt white per hundredweight 90c, Granocrystal, per case, 25-lb. sacks, 75c; salt ozone, per case, 30 packages, 90c; 50-lb. sacks, 30c; 25-lb. sacks 12c. MISCELLANEOUS — Georgia cane syrup 37c, axle grease $1.75, soda crackers 7%c pound, lemon crackers 8c, oyster 7c, tomatoes (2 pounds) $1.65 case, (3 pounds) $2.25, navy beaus, $3.25; Lima beans 7%c, shredded biscuit $3 60. rolled oats $3.90 per case, grits (bags) $2.40, pink salmon $7, cocoa 38c, roast, beef $3.80, syrup 30c per gallon, Sterling ball potash $3.30 per case, soap $1.50<&> 4 per case, Rutnford baking powder $2.50 per case. CORN—Choice red cob 85c. No. 2 white bone dry No. 2 white 80c. mixed 74c. choice yellow 76c, cracked corn 80c. MEAL—I’lain 144-pound sacks 75c, 96- pobnd sacks 77c, 48-pound sacks 79c, 24-pound sacks 81c. 12-pound sacks 80c. OATS—Fanck white clipped 54c, No. 2 (dipped 53c. fancy white 52c, mixed 51c. $28.60; prime $27.50% crearno feed $26. ’ COTTON SEED HULLS — Square sacks $14.50. SEEDS —(Sacked): Wheat, Tennessee choice Burt 70c, rustproof 60c, Okla- blue stem $1.60. German millet $1.65, amber cane seed $1. cane seed, orange $1, rye (Tennessee) $1.25. red top cane seed $1.35, rye (Georgia) $1.35, blue seed oats 50c. barley $1.25. HAY—Per hundredweight: Timothy, choice, large bales, $1.30, No. 1 small bales. $1.25, No. 2 small, $1.15; Timothy No. 1, clover mixed, large boles. $1.25, silver clover mixed hay $1.15. Timothy No. 1, clover mixed, $1.15; clover hay, $1.10. alfalfa hay. choice green $1.30, No. 1 $1.20, wheat straw 70c, Bermuda hay 85c. PROVISION MARKET. (Corrected by White Provision Co.) Cornfield hams. 10 to 32 pounds aver age, 19c. Cornfield hams. 12 to 14 pounds aver age, 18%c. Cornfield skinned hams, 16 to 18 pounds, average I9%c. 2 Cornfield pickled pig’s feet, 15-pound kits. $1.25 Cornfield jellied meat in 10-pound dinner pall, 12%c. Cornfield picnic hams, 6 to 8 pounds average, 13 %c. Cornfield breakfast bacon 24%c. Grocer style bacon (wide or narrow), 18%c. Cornfield fresh pork sausage (link or bulk) 25-pound buckets, 12%c. Cornfield frankfurters, TO-pound box es, 12c. Cornfield bologna sausage, 25-pound boxes, 10c. Cornfield luncheon hams, 25-pound box?-?. 13 %c. Cornfield smoked link sausage, 25- pound boxes, 13% c. Cornfield smoked link sausage, 23- pound boxes. 10c. Cornfield smoked link sausage in pickle, 50-pound boxes, $5.00. Cornfield pure lard, tierce basis. 12%c. Country style pure lard, 50-pound tins, 12%c. Compound lard (tiered basis), 8%c. D. S. extra ribs, 12%c. D. S. rib bellies, medium average, 13% D. S. bellies, light average 13%c. FEEDSTUFFS. SHORTS—White,? 100-lb sacks *1.7? Halliday, white. 100-lb. sacks $1.7? . dandy middling 100-lb. sacks $1.75. fan cy. 75-lb. sacks $1.75. P. W., 75-lb. sacks $1.60, brown, 100-Ib. sacks $1.55. Georgia feed, 75-lb. sacks $1.55, clover leaf, 75- lb. sacks *1.60. bran, 75-lb. sacks $1.30, 100-lb. sacks $1.30, 50-lb. sacks $1.30, Homeoline $1.60, Germ meal-Hoineo $1.60. CHICKEN FEED—Beef scrap, 100-lb. sacks $3.25. 50-lb. sacks $1.65, Purina pigeon feed $2.15, Purina baby chick feed S2, Purina scratch. 100-lb. sacks $1.85, 50-lb. sacks $1.95, Purina scratch bales $2.05, Purina chowder, 100-lb. sacks $2. Purina chowder, dozen pound pack ages $2.20, Victory baby chick $2. Vic- Coal Exports Grow To Huge Figures United States Greatest Producer but Third in Rank as Exporter. Canada Best Customer. If you have anything to sell adver tise in The Sunday American. Lar gest circulation of any Sunday news paper in the South. We have six second-hand wagons for sale cheap. HENRY MEINERT COAL CO. 59 South Boulevard. PRIMARY MOVEMENT. WHEAT— 1913. | 1912. Receipts Shipments 126,000 1 1,158,000 ! 284,000 373,000 CORN— 1 ] Receipts 310,000 | 444,000 Shipments 577,000 I C59.000 METALS. NEW YORK, April 25.—The metal market was firmer to-day. Copper, April to July, 14%015%; lead, 4.45 (bid); spelter, 5.400)5.50; tin, 49.60050.00. CHICAGO CAR LOTS. Following are the receipts for Friday and estimated for Saturday: I Friday. I Saturday $1.00 For You Wheat Corn . Oats . Hogs . 30 47 123 11,000 LIVERPOOL GRAIN MARKET. LIVERPOOL, April 25.—Wheat opened unchanged to %d lower. At 1:30 p. m. the market was unchanged to %d higher; closed % to %d higher. Corn opened unchanged. At 1:30 p. m. the market was unchanged to %d lower; closed unchanged to %d lower. Lakes, the Ohio Valley. Tennessee and j the East Gulf States, and Saturday in ■ the Middle Atlantic and New England States. Frosts are forecast for to-night j in the Upper Lake region. Forecast until 8 p. 111 Saturday Georgia—Fair in east, probably local rains In west portion tonight or Satur day: not quite so warn Saturday. MEW YORK COFFEE MARKET. Coffee quotations:. Closing. January Februarv Mfl reh. opening. 11.210 11.24 11.370 n.: I 1 Union Pacific, Missouri Pacific, I^el.igh U v an<i Chesapeake ami Ohio. There ; ver> little doing and toward the the trading was almost at a stami- cloaed firm. ondft unchanged other 11.38® 11.40 11.400 11 41 j , 10.900 10.IT 1 10 980 10.94 00 11.030 11.05 ; 11.140 11.15 ; 20 11.240 11.26 I 11.34 011.35 11 BAR SILVER NEW YoKK. April 25. Commercial a) silver 60%. Mexican dollars 48c. LoXDON. April 2.'* Bar silver steady k closed ste MONEY AND EXCHANGE. NEW YORK. April 26.—Mone> on call 2%: time loans easier: sixt> da>-s 40* 4%. ninety days 4%. six months 404%, per cent. j Pobted rates: Sterling exchange * 84 t *»5 , .* 87. with actual business In bankers' 11.3410 11.86 j bins at J .86650 4.8670 for demand and 11.360 11.>< I t 33^504 8350 for sixty-day bills. 09 bags. j Prime mercantile peper unchanged. Closed steady. SPINNERS’ TAKINGS FOR WEEK ARE 221,000 BALES The visible supply of American cotton during the past week shows a decrease of 119.496 bales, compared with a de crease of 133,975 bales for the corre sponding week last year, against a de- crease of 111,243 bales for the same week tin* year before, other kinds for the week show an increase of 45,000 bales, as compared with an increase of 3.000 bales for the same week last year anti an increase of 1,000 bales for the same week in 1911. The total visible supply of American •otton for the week decreased 74,496 bales, against a decrease of 130.975 nabs last year and a decrease of 110.- 243 bales the year before. U\»rld's visible supply: 1913. ; 1913. ! 1911 .. 3,302~O~08 3.946*824;2,507,364 1.198,000 1.220.000'1,177.000 - 800,008 5,105,824 ’•.684,364 American .... Other kinds. Total World’s spinners' takings. 1913. 1912. ml. For »pek V 22C000 .VU.OOO lTn.000 S .■ S.'pl. 1_10..V‘_,000 l_K7R7.00t> 9,443.000 Abwemont into sight for week: 1912. 1911. « ‘'land, vv k S’ce Sept. 1 In s’ht. \Uk s’ce Sept 1. So. cs’inp.. Weekly exports: 1913. ( 15,813' 23.437’ 10,051 888,969 1,110.449 S54.6T1 109,761 162.320 69.878 12.842.174 14,929.662 11,171.576 47,000 46.000 40.0t)0 1912 1912 53.166 131.574 .743 309'9.641.04 t ATLANTA MULE AND HORSE MARKET (Corrected by the National Stock Yards Commission Company; C. G. Tur ner, President.) % Mules. 14 to 14% hands, rough, good ages, $115 to $130. 14 to 12%, finish with quality, $155 to $180 14% to 15 hands, rough, $130 to $170. 15 to 15% hands, finish, $180 to $205. 16 hands, with quality and finish, $205 to $230. 16 hands, heavy chunk weighing form 1,260 to 1,400 pounds, $2t>5 to $330. Horses. Southern chunk horses, from $76 to $110. Southern chunk, finish, $110 to $135. Good driving horses, quality and finish, ranging in price from $160 to $210. Heavy draught horses, rough, $160 to $210. Heavy draught horses, finish, $210 to $300. NEW YORK PRODUCE MARKET. NEW YORK. April 25.—Petroleum firm; crude Pennsylvania 2.60. Turpentine easier; 42% bid. Rosin quiet; common 4.75 bid. Wool nominal; domestic fleece 25@28. pulled scoured basis 36055, Texas scoured basis 48055. Hides quiet; native steers 16%019%, branded steers 15%015%. Coffee steads*; options opened 3 to 9 lower; Rio No. 7 on spot 11% asked. Rice steady; domestic ordinary to prime 4%06%. Molasses steady; New Orleans open I kettle 360 50. Sugar, raw steady; centrifugal 3.36@ 1 3.39. muscovado 2.8G0 2.89, molasses sugar 2 0002.65. Sugar, refined quiet; fine granulated I 4.2004.33, cut loaf 5.0505.15, crushed 4.96 05.06, mold A -1 6004.70. cubes 1.150 4.60. powdered 4.SO0 4 46. diamond A 4.35 asked, confectioner s A 4.20. Softs—No. 1 4 0004.10. (No. 2 is 5 points lower than No. 1 and Nos. 3 to 14 are each 5 points lower than the preceding grade.) Potatoes steady; white nearby 1.700 2.00, Bermudas 3.0005.50. Bears oujet; marrow choice 5.70 :d 5.75, pea choice £.800 3.85, red kidney choice 4.2004.30. Pried fruits sternly; apricots choice to fancy 1O%012%. apples evaporated prime to fancy 5%(a8%. prunes ?0s to 60s 6% bid. 60s to 100s S%04%. peaches! choice to fancy 607% seeded raisins j c hoice to fancy 506*4. LIVE STOCK MARKET. CHICAGO. April 23.—Hogs— Receipts 11,000. Market 5c to 10c higher. Mixod and butchers $8.650 9.05, good heavy $8.8008.95, rough heavy $8.60 0 8.75, light $8.7509.05, pigs $7.2008.60. bulk $8.8008.95. Cattle— Receipts 1,000. Market steady. Beeves $7.5009.20, cows and heifers $3.50 08.60, Stockers and feeders $6.40 0 8.10, Texans $6.9008.50, calves $7.0009.00. Sheep—Receipts 8,000. Market steady. Native and Western $5.50 0 7.10, lambs $6.50 0 9.00. SPOT COTTON MARKET. Atlanta, quiet: middling 11 13-16. Athens, steady: middling 12%. Macon, steady; middling 12c. New Orleans, quiet: middling 12 5-16. New York, quiet; middling 11.85. Philadelphia, quiet: middling 12.10. Boston, easy; middling 11.85. Liverpool, steady; middling 6.77d. Savannah, easy; middling 12%. Norfolk, steady: middling 12c. Augusta, steady: middling 12%. , Mobile, steady; middling 12c. Galveston, steady; inidling 12%. Charleston, quiet: middling 12c. Wilmington, nominal. Little Rock, steady; middling 11-*. Baltimore, nominal; middling 12%. Memphis, steady; middling 12%. St. Louis, dull: middling 12%. Houston, steady; middling 12%. Louisville, firm; middling 12%. Greenville, quiet; middling 11%. Charlotte, steady; middling 12c. OPINION ON GRAIN. CHICAGO, April 25.—Bartlett. Frazier & Co.: Wheat: Scattered longs sold out on the late break yesterday, and the strength in foreign markets this morning is likely to cause more or less replacement and higher market. 10-Lb. Pail Snowhite or Flake White Lard Guaranteed fresh 1C Ip Gauntry EggsDoz. * U2” CASH GROCERY CO. 118 and 120 Whitehall. Is Your Name On IStc List? v .. v % \ # # y; * % / Read the “Want Ads” every day. You may be one of the for- 9 tunates to re ceive a brand new dollar bill from the “Want Ad” man when he calls in the speedy Cartercar. Mark the ad and have it ready when he calls. Georgian with ad marked must be presented. The following ad is similar to the one carrying your name: THE BEST in real estate can be had by read ing the “Want Ad” pages of this paper. A new dollar bill will be given Mrs. John Smith, 1322 Jones Street, if she will find this ad and mark it. The “Want, Ad” man will be at her home Saturday morning. Read GEORGIAN WANT ADS I Coal exports from the United States in the current fiscal year wii approximate J90,000,000 in value, against $60,000,000 in 1909, These fig- urea include the coal and coke ex- ported to foreign countries and the coal supplied to vessels engaged in the foreign trade. Figures for th nine months ended with March, com- plied by the Bureau of Foreign and Domestic Commerce, show anthracit, coal exported to foreign countries, 3,983,126 tons, valued at $18,031,093 bituminous coal, 11.013,909 tons vail ued at $27,908,998; coke. 649,941 tom valued at $2,384,439, and the C oa! supplied to vessels in the foreign trade, 5,377,041 tons, valued at $17- 362,100, making a total for the nine months of 20,000,000 tons, valued at $66,000,000. Canada is by far the largest pur chaser of the coal exported from the United States, Practically all of the anthracite coal passing out of the country goes to Canada. The United States stands third in the list of coal exporting nation” though clearly at the head of the list of the world’s coal producers. The coal production of the world averages about 1,200,000,000 long tons per an num. of which the United States pro. duces about 38 per cent, the United Kingdom 24 per cent, Germany 20 per cent, Austria-Hungary 4 per cent and France 3 per cent. tory scratch, 50-lb. sacks $1.90, 100-11 sacks $1.80. wheat. 2-bushel hags, per Uishel $1.40. oyster shell 80c, .special scratch, 100-lb sacks $1.80, Kggo $1,8-1. charcoal, 50-lb. sacks, per 100 pounds P GROUND FKKD—Purina feed, 175-11, sacks $1.65. 100-lb. sacks $1.65, Purina molasses feed $1.55, Arab horse feed $1.65, Alineeda feed $1.65, Sucrene dairy feed $1.50, Monogram, 100-lb. racks $L.P, Victory hor-sefeed, 100-lb. sacks 'A. B C. feed $1.50, .Milk dairy feed $l.6«, alfalfa molasses meal $1.75, alfalfa meal $ 1.40. beet pulp, 100-lb. sacks homa rustproof 60c, Appier 70c. winter grazing 75c, oats, black seed 50c. COTTON SEED MEAT, — Harper, crushed i its. 160-lb. sacks $1.75.