Below is the OCR text representation for this newspapers page.

THE ATLANTA GEORGIAN AND NEWS, rtffMY. APRIL 25, 191C The following highest, lowest gether with the Stock quotations: High. 75*4 Grand Total in This Country Four i and One-half Billions—$45 for Each Person. STOCK— xAmal. Cop Am. Ite Sec... 25' „•> Am. Sug. Ref.. 111% 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 combined and 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, every man. woman and child in the Union would get fully $45. 68' j 35 49 7 h 46 38 101! I shall not set forth the facts 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 not very far from twice the amount held in Franch. This stupendous sum is »n urgent need of additional protection. loo many savings banks in the Empire State are hoverinq danaerously ^® ar the bankruptcy line. Some of them have not a reserve of $1 for each $iUJ on deposit. Worse still, there is no law enabling the authorities to en force the correcting of this alarming deficiency. Nothina 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 which might spread to the 10,000,000 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 verv 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 insti* tutions 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 patrons. This is a light price to pay for the removal of the very grave danger that will be 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. 34 94' o0 129' 34 90 99' Am. Smelting. Am. Locomo.. Am. Car Fdy.. Am. Cot. Oil.. Am. Woolen... Anaconda .... Atchison A. C. L American Can do, pref. . . Am. Beet Sug. Am. T.-T. Am. Agricul Beth. Steel. B. R. T. B. and O. Can. Pacific.. 242 Corn Products 10 3 . C. and 0 67 1 Consol. Gas. . 130 Ccn. Leather.. 25 Colo. F. and I.. Colo. Southern. D. and H 160 Den. and R. G. Distil. Secur.... 16' Erie 29' do, pref. 44'/ Gen Electric. 139' Goldfield Cons. . G. Western G. North, pfd. 127 G. North. Ore. 34 Int. Harvester 103 7 III. Central. . 116 Interboro .... do, pref. . Iowa Central K. C. South K. and T. do, pref. L. Valley. . L. and N. . Mo. Pacific. 116* 8 56' 4 233/4 60 159' 37-* N. Y. Central 101% Northwest.. Nat. Lead . N. and W. . No. Pacific. O. and W. . Penn. . Pacific MPl P. Gas Co. . P. Steel Car Reading . . 130 105'. 2 115' a 30% 114» 8 111' 2 2534 163'' 4 Prevention is cheaper. Once let dis aster break out. and there might be 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 among savings banks would precipi tate panic among every other class of banking institutions. Rock Island . 21' 2 do. pfd. 36 R. 1. and Steel 24'*2 do. pfd.. . 83 7 a S.-Sheffield . So. Pacific. . 99' g So. Railway 2B>/ 2 do. pfd.. . 77% St. Paul . . 108' 2 Tenn. Copper. 341/2 Texas Pacific. Third Avenue Union Pacific. 152% U. S. Rubber 62 Utah Copper . 53 U. S. Steel . 61% do. pfd.. 108% V.-C. Chem. 32% W. Union. . . 66' « Wabash . . do. pfd.. . . W. Electric. . W. Central . . W. Maryland Total sales, 354,40( dend, 1' 2 per cent. table shows the and close to- previous c lose: CIOS. Prev. Low. Bid. Close. 74% 73% 76'a 25' 4 25' 4 25' 2 111>4 11134 113 671* 67'/ 2 66' 4 35 34 >4 35 49' 4 493 50 45% 45'/i 46'/ a 20 21 37' 2 377 b 38 101 101 101'/, 121 121'/, 33' „ 33 34% 94' 8 93' ; #3'/ a 30 29 7 b 30 1 129 '/ 4 129'4 127 50 55 33' 2 8» s 4 89% 90 98% 98' 4 95% 241' 4 2411a 240 10% 10% 10% 66/2 65' 4 67% 130 129 131 24' /2 24' ' 2 24% 32% 32 30 30 159 157 159 20' 2 16' 2 16'/« 16'/a 28% 28'/a 29'-, 43% 43' • 44/4 139' 2 138% 139' 2 2 14% 14'/, 126'« 129 127 34 34' 2 34 103 7 8 103 104 113% 114% 116'/ 4 116' 2 114'/ 4 116/4 54% 54'/, 56 8 23% 23', 2 25'/, 25'/, 60 60 60', a 158'/, 157', 2 158% 133' B 133% 37'/, 36' 2 37'/* 101* 2 101% 10V/2 129' a 129 130 49 49 105 104% 105'/, 114?a 114% 115 30 30 30 114' a 114', 4 114% 24'/, 24' 4 1 l0'/ 2 109^4 111 24'/, 24' 4 25 161% 161 ■„ 162% 21'/, 21'/, 21%' 35'/a 35% 36'/, 24'/ a 24 2434 83n 83' 2 84 30 30 98', 2 98% 98% 25'/* 25 25'/* 77% 77 77/2 107' 4 107% 108% 34'% 34' * 35 171/* 17 34' 4 35 151'/2 151' a 152'/, 61'/, 60' 4 62»/ 4 52'4 52 52% 60 7 a 60% 61% 108% 108' 4 108% 32' 2 321/2 32' a 66 66 62' 4 3 3 10 a 10% 63 63' 2 52 54% 37% 38 ACREAGE FIGURES SEND COTTON OFF COTTON GOSSIP General Selling Follows Bearish Report of New York Author ity in the Trade. NEW YORK, April 25.—With a great portion of the Hhort interest eliminated and several long lines liquidated, the low-priced men have more confidence in 1 the Hhort side. All old recent bullish | factors have been discounted. River ws is discounted ami in the overflowed district reports are optimistic. I’Jordan was a good buyer of new’ crops The ring crowd, after selling, bought old crops, most of which was said o be for short covering. Schill bought October and December, also Riordan. NEW YORK, April 25.—The New York Commercial’s annual cotton acre age estimate this morning, which placed 1913 at 36,455,810 acres, proved a bearish force in the cotton market. Prices, however, opened only 1 to 4 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 initial level. July soon increased its decline to 11 points. Later positions, especially October and De cember, received fairly good support from the large spot housps, 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 for 1911, when the “bumper crop” was produced. The reactionary tendency was sus tained throughout the morning session ami 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 hulls were inclined to withdraw, waiting for the selling move ment to pass. The decline was helped along by the absence of heavy frost, which was pre dicted for Oklahoma. Weather condi tions were favorable over the 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 be from strad dles, buying here and selling in other markets. It also was said that the re port of mill takings for the week would be ol 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, 11.4 4, 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. Wilson bought 10,000 bales of July at 11.45. Room traders were bearish. Sentiment continues bearish. Demand Abroad and Heavy Buy ing From Conservative Quar ters Cause Gains. A levee is said to have broken at CHICAGO, April 25.—Wheat advanced as much as lc this morning on the strength shown abroad, on which there was heavy buying by shorts at Chicago The Buenos Ayres market was again higher, along with the others. North western receipts were largely in excess ATLANTA MARKETS Krotz Spring, opposite Baton Rouge, La. | ( ,f a year ago. World’s shipments for * • * Monday are expected to equal the pre- Dallas wires: “Texas generally clear ami pleasant; Oklahoma clear ami cold; frost reported.’’ Following are 11 a. m. bids: 1.38: July, 11.46; October, 11.18; uary, 11.13. May, Jan- NEW ORLEANS, April 25. —Hayward Clark: The weather map shows fair In Texas; Atlantics cloudy; Central belt fine; rains in South Texas; heavy rains n the Mississippi delta and Louisiana; me elsewhere. The cold wave has re ceded farther North and all danger from 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, i.27; ordinary, 5.93.’' Little Rock wires: “Raining here since last night, and cold; looks like more rain." It is rumored about 1,200 notices arc out against May. Several of them were ■topped. vious week and to exceed the corre sponding week a year ago and a de crease on passage is looked for. Corn was a weather affair and was tip %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 during 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 lots to suit, the shorts absorbed it in a goodly fashion, but at times they were seen to hack 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 1 to %e off. and oats were Vs to Vic off. Cash sales were 75,000 bushels wheat; corn, 90,000 bushels, and oats, 90,000 bushels. Provisions were a little higher. EGGS—Fresh country, candled, 15© 16c. BUTTER—Jersey and creamery, in l-lb. blocks, 27%©30c. fresh country, fair demand, 17%©22%c. DRESSED POULTRY—Drawn, head and feet on, per pound: Hens, 55©55c; fries, 22%©25c; roosters, 8©10; turkeys owing to fatness, 20©22%c. LIVE POULTRY—Hens, 50© 55c; roosters 25@30c, fries 35©40c, broilers 30©35c, puddle ducks 30©35c, Pekin* 35©40c, geese 50©>60c each, turkeys, ow ing to fatness, 18©20c. FRUITS AND PRODUCE. FRUITS AND VEGETABLES—Lem ons fancy $6.00 grapefruit $2.75© 3.00, cauliflower 10©)12%c lb., bananas, 3c per pound, cabbage 31©1.10 crate, peanuts per pound, fancy Virginia, 6%©)7c, choice 5%@6c, lettuce fancy $2.50©.300, beets $1.00© J.25 in half-barrel crates, cucumbers $2.2o©2.50. Egg plants 1 scarce) $2.25©>2.75 per crate, pepper $2.50© 2.75 per crate, to matoes fancy, six-basket crates $2.25© pineapples $2.50©2.75 per crate, onions 60© 65c per bushel, sweet pota toes, pumpkin yam 65©70c. strawber ries 10© 12%c per kuart, fancy Florida celery $2.50©3.00 per crate, okra, fan cy 6-basket crates $3©3.00. FISH. •) JK 3 A bt U Ai> • • .. 11.40 iTTyT 59 My 11 46 11 4611 31 IT 83 11 JW' 34111.47 48 .III 11.41 43,11.57 59 Jly ii 53 ii 64|11 37 ii 39111.39 40 11.55 56 Ag 11 3ll 11 39 11 24 11 25)11.26 26)11.41 42 Spt n 1 11 19111 19 1 1 19)11.13 15 11.23 25 Oc 11 IX 11 20; n 10 11 12)11.12 13 11.21 22 Dc 11 20 11 21 11 12 11 14 11.14 15)11.24 25 Jn 11 14 11 1711 07 11 10 11.00 lOill.lX 19 M h Ll 30 11 20 11 16 11 15)11.14 16)11.24 26 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 itrength. “New York has begun to discover rea sons why less cotton than once expected will be 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.” CHICAGO GRAIN MARKET. Grain quotations: FIUII—Bream and perch, 7c pound; snapper, 10c pound; trout, 10c pound; bluefish, 7c pound; pompano, 20c pound; mackerel, 7c pound; mixed fish 5@6c 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) $C.G5; Gloria (self- rising) $6.50, Results (self-rising). $6.25; is wans 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 ent) $5.85, Paragon (highest patent) $5.85, Sunrise (half patent) $5.25, White Cloud (highest patent; $5.50. White Daisy (high patent) $5.50, White Lily (high patent) $5.50, Diadem (fancy high patent) $5.75, Water Lily (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. ball potash $3.30 per case, soap $1.50© 4 per case, Rumford 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 com 80c. MEAL—Plain 144-pound sacks 75c, 116- pound sacks 77c, 48-pound sacks 79c, 24-pound sacks 81c, 12-pound sacks 80c. OATS—Fanck white clipped 54c, No. 2 clipped 53c. fancy white 52c, mixed 51c. $28.50; prime $27.50% creamo feed $25.’ 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—rPer hundredweight: Timothy, choice, large bales. $1.30, No. 1 small bales. $1.25, No. 2 small, $1.15; Timothy No. 1, clover mixed, large bales, $1.25, sliver 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 12 pounds aver age. 19c. Cornfield hams, 12 to 14 pounds aver age, 189ic. Cornfield skinned hams, 16 to 18 pounds average 19%c. 2 Cornfield pickled pig’s feet, 15-pound kits, $1.25 Cornfield jellied meat in 10-pound dinner pail, 12%c. Cornfield picnic hams, 6 to 8 pounds average, 13 %c. Cornfield breakfast bacon 24 %c. Grocer style bacon (wide or narrow), 18%o. Cornfield fresh pork sausage (link or bulk) 25-pound buckets, 12%c. Cornfield frankfurters, 10-pound box es, 12c. Cornfield bologna sausage, 25-pound boxes, 10c. Cornfield luncheon hams, 25-pound box**. 13%c. Cornfield smoked link sausage, pound boxes, 13Vic. • Cornfield smoked link sausage, pound boxes, 10c. Cornfield smoked link sausage pickle, 50-pound boxes, $5.00. Cornfield pure lard, tierce basis. 12%c. Country style pure lard, 50-pound tins, 12%c. Compound lard (tierce basis), 894c. D. S. extra ribs, 12%c. D. S. rib bellies, medium average, 13V4 D. S. bellies, light average. 13%c. FEEDSTUFFS. SHORTS—White, 100-lb sacks $1.7$ Halliday, white, 100-lb. sacks $1.7? 25- 23- in. Coal Exports Grow To Huge Figures United States Greatest Producer but Third in Rank as Exporter. Canada Best Customer. Coal exports from the United States in the current fiscal year wil approximate $90,000,000 in value against $60,000,000 in 1909. These fig ures include the coal and coke ex- ported to foreign countries and tha coal supplied to vessels engaged In the foreign trade. Figures for the nine months ended with March, com piled bv the Bureau of Foreign and Domestic Commerce, show’ anthracih coal exported to foreign countries 3,383,126 tons, valued at $18,031 093 bituminous coal. 11,013,909 tons, val ued at $27,908,998; coke, 649,941 tons valued at $2,384,439, and the coal’ 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 thf 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 \ per cent and France 3 per cent. Following are 10 a. m. bids: May, 12 16; July, 12.01; October, 11.26; Jan uary, 11.28. Estimated receipts for Saturday: 1913. 1912. New Orleans 2,300 to 2,900 2,912 Galveston 2,500 to 3,500 3,554 Closed steady. TO DAY’S PORT RECEIPTS. LIVERPOOL COTTON MARKET. LIVERPOOL, April 25.—Due un changed to 1 poinl higher on near po sitions. and unchanged to % point lower on distant months, the cotton market here opened quiet at a net advance of 1% to 2 points from Thursday’s close. At 12:15 p. m. the market was quiet and steady, % point higher. Later the mar ket advanced 1 point from 12:15 p. m. Spot cotton 6.77d: sales 6,000 bales, in cluding 5.4(H) American; imports 1,000 bales, none American. The following table shows receipts at the ports to-day compared with the same day last year: High. Low. Previous Close. Close- WHEAT— May 93% 9214 92% 92*8 July 93% 92 Vi 92% 91% Sept 92% 91% 91% 91% CORN— May 55 5 /h 55% 55% OU /4 July 56% 55% 55% 55% Sept 57 * 56% 56% 56% OATS— May 35% 34% 341., 35 Vs July..... 35 34% 34% 34% Sept 34% 34 % 34 V, 34% PORK— May.... 19.97% 19.77% 19.77% 19.80 July.... 20.00 19.80 19.80 19.92% Sept. ... 19.75 19.57% 19.57% 19.72% GROCERS. LARD- May. July’.. . Sept... RIBS May.. .. July.... Sept... 11.1.2% 11.05 11.07% 11.02% 10.95 10.95 11.02% 10.95 10.95 11.10 11.00 11.00 11.50 11.17% 11.02% 11.40 H.07% 10.87% 11.40 11.07% 10.87Vi 11.45 11.00 11.00 last week and against 9,535 ba 1911. 32,327 bales last year, the points from Thursday. Futures opened quiet. Opening The great majority—nearly all—of our savings banks have been capably, unselfishly and patriotically managed. They are philanthropic institutions. 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. The savings banks, however, have been victims of circumstances. You to the very finest securities in the land. But do you also know that LAFiGE INTERESTS SEEL OLE STOCKS April . . . April-May May-June i June-July I July-Aug. i Aug.Sept Sept.-Oct. Oct.-Nov. Nov.-Dec. Dec.-Jan. Jun.-Feb. Feb.-Mch. . . .6.08 Closed steady Range. .6.62%-6.50 • 6.46% 6.47 -6.46 Close. Close. 6.49 6.50V 6.44% 6.46 6.44 ‘ .6.45%-6.44% 6.42% 6.44 .6.42 Vi-6.41 .6.32%-6.32 .6.19% 6.39 6.29 .6.13 .6.09 -6.12 .6.08 -6.07 6.09% 6.11 6.06% 6.08 0.05% 6.07 6.04% 6.06% G.05% 6 07% 1 1913. | 1912. New Orleans. . . 1,488 i 2,148 Galveston 4,248 2,442 Mobile 298 381 Savannah 1,405 2,984 Charleston. . . . 88 163 Wilmington. . . 123 506 Norfolk 1.008 1.401 Baltimore. . . . 1.652 1,315 New York 82 Boston ii 21 Brunswick. . . 2.193 2.002 New r port News 2,563 558 Pensacola 1,700 800 Port Arthur. . . . 12,000 Pacific coast . . . 1,708 Various 42 Total 16,775 29,553 INTERIOR MOVEMENT. 1913. 1912. Houston 1.671 2,146 Augusta 281 667 Memphis 1.837 209 St. Louis 3,123 1,547 Cincinnati 149 2,539 Little Rock . . . . ! 151 Total 7,061 7,259 CHICAGO CASH QUOTATIONS. CHICAGO. April 25.—Wheat, No. 2 red, 1.08@ 1.10%: No. 3 red, 1.01©>L05; No. 2 hard winter, 94%©96; No. 3 hard winter. 93®94%; No. 1 northern spring, 95@95%; No. 2 northern spring, 94@94%; o. 3 spring, 91©)93. Corn. No. 2. 56© 56%; No. 2 white, 58@ %: No. 2 yellow. 56@57; No. 3, 55@56; 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% @6%c, according to grade. LARD—Silver leaf 13e pound, Scoco 8%c pound, Flake White 8%c pound, Cottolene $7.20 per ease, 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 ease, 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 beans, $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 dandy middling 100-lb. sacks $1.75. fan cy, 75-lb. sacks $175. P. W., 75-lb. sacks $1.60, brown, 100-lb. 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-Homeo $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 $2, 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- If you have anything to sell adver tise in The Sunday American. Lar gest circulation of any Sunday news paper in the South. tory scratch, 50-lb. sacks $1.90, 100-lb sacks $1.80. wheat, 2-bushel bags, pf-r bushel $1.40, oyster shell 80c*. special scratch, 100-lb sacks $1.80. Eggo $1.85 charcoal. 50-lb. sacks, per 100 pounds GROUND FEED—Purina feed, 175-lb 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. sacks $1.6(\ Victory horsefeed, 100-lb. sacks $1.60' A. B C. feed $1.50, Milk dairy feed $1.6o! alfalfa molasses meal $1.75, alfalfa meal $1.40, beet pulp, 100-lb. sacks $1.55, homa rustproof 60c. Appier 70c, winter grazing 75c, oats, black seed 50c. COTTON SEEb MEAL — Harper, crushed oats. 100-lb. sacks $1.75. We have six second-hand wagons for sale cheap. HENRY MEINERT COAL CO. 59 South Boulevard. WAYWARD A CLARK'S DAILY COTTON LETTER Professional Element Inclined To Be Bearish, and Liquidation Is in Evidence. j NEW ORLEANS, April 25.—The chief weather development overnight was — that the cold wave diminished in inten slty and receded from the belt, thereby removing further danger from this COTTON MARKET OPINIONS. Logan & Bryan: We think we 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. By CHARLES W. STORM. NEW YORK. April 25.—Bearish re ports of the dividend position of Illinois Central made that stock one of ’the these securities have been sinking, weakest on the list at the opening of 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. 3, 3 1-2 or 4 per cent, have the market to-day Illinois Central opened at 116. or at a lose of %, and Immediately dropped to 115. Canadian Pacific followed its London lead, whore it was strong on Berlin purchasing. It opened here at 241% for a gain of 1%. The list had an irregular appearance end of half an hour’s trading. carrying o. o i-t or t por tem, navcj ju naturally fallen in price since they , . , „ . . . yield 80 much less than the ones now I A, " alKamau,,i Co PP'“ r - which 3 " ld ex ‘ being offered. dividend of 1%, opened at .5% against * * I 76% at the closing last night ljehigh New York Central 3 1-2 per cent j Valley opened % up, but lost Its ad- bonds, which sold above 111, are now | vame United States Steel common be- worth only 84. New York City’s 4 j gan at 61% for a fractional gain, but per cent bonds have fallen from | 1,,st 'he advance and sustained a net source. . ... Liverpool came in about one better than due. but spots sales were small. Political nows is unfavorable. All Eu ropean capitals express concern over the gravity of the situation. The New York Commercial estimates the acreage for 1918 at 36,455,810, an in crease of 6.9 per cent, of which 10 per cent Is In Texas and 12 per eeut in Oklahoma, while Georgia is given a de crease of 3 per cent. The market de clined in the early trading to 14.98 for July and 11.24 for October, principally on selling on better weather than ex pected. but the decline was contested and prices soon rallied. New’ York re ported a better feeling, less liquidation and more buying by strong houses. COTTON SEED OIL. Cotton seed oil quotations: Opening 1 Closing Spot . . . . April . , . May . . . . June . . . . July . . . . August . . . September . October . . . November . Crude | 7.00©>7.30 7.03@7.06 7.03© 7.08 7.07 @7.08 7.13©7.14 7.11©\ lo 6.84©6.87 6.55@6.57 7.00© 7.50 1 7.00@7.01 6.99© 7.01 7.01@7.03 7.03@7.04 7.08@7.09 7.07© 7.09 6.67© 6.77 6.51@6.55 6.00 Closed heavy; sales 16,800 barrels. RANGE NEW ORLEANS FUTURES. 103 1-2 to 92 1-2. Atchison 4 per cents, once worth 106, are now below 93. You can thus sec how the assets of the savings banks have shrunk in value. Incidentally, I do not believe ♦he decline in bonds will go appre ciably farther, but that is not the point. THE WEATHER. e will rains valley, tes and WASHINGTON. Vpril 25. -Th< t be unsettled weather with local to-night or Saturday in the uhi Tennessee and the East Gulf St generally fair weather else win of the Mississippi River tonight and Saturday. n ’emperatures will be lower to-ni.qht arid Saturday in the region of the t Lakes, the Ohio valley. Tern •-s< e and the East G’df States, and Saturday in the Middle Atlantic and New’ England States. Frosts are forecast for to-night in the Upper Lake region. Forecast until 8 p. m. Saturday. Georgia—Fair in east, probably local rains In west portion tonight or Satur day: not quite so warn Saturday. NEW YORK COFFEE MARKET. Coffee quotation?: d eel In St. Paul oi»ened unchanged at 108%. but - on dropped %• New Haven again was under pressure on account of the Interstate Commerce Commission inves tigation and declined %. Union Pa- rific sold at 152% for a fractional loss, but later advanced. Southern Pacific gained %. Pennsylvania declined %. The curb market was easy. Ameri cans In Ivondon were quiet. The market after showing a waver ing . .inlet \ , sustained some amount of loss. t i i 1 >n Pacific ^'j <*1 off % at 115. Illinois Central was off 1%. Canadian Pacific was up 1*%. The tone in the late forenoon was weak. Call money loaned at 2%. All important stocks were under pres sure in the last hour and sold off from I the opening and midday levels. Reading : sold around 161 •%. which was a point i in er the opening and a fraction tmder i the noon level. Amalgamated Copper lost ; V Other issues which declined w.ro American Can. Union Pacific, l nion Pacific, Missouri Pacific, Lehigh | Valley and Chesapeake and Ohio. There I was wry little doing and toward the end the trading was almost at a staml- ! still. The market closed firm, i < vernment bonds unchanged Other bonds firm. Open. My 12.20 Jne Jly 12.01*1 Ag 11.68 Spt Oc 11.27 Nv Dc 11.27 Jn 11.29 Fb V si fl 6; No. 4, 54©54%; No. 4 white, 56; No. Oats, No. 2 white, 36%@37% 35©35%; No. 4 white, No. 3 34 @35; PRIMARY MOVEMENT. WHEAT— ! 1913. 1 1912. Receipts .1 126,000 I 284,000 Shipments .... . 1,158.000 1 373.000 CORN— Receipts .1 310.000 I 444.000 Shipments .... .1 577,0001 659,000 METALS. NEW YORK, April 25.—The metal market was firmer to-day. Copper, April to July, 14%©'15%; lead, 4.45 (bid); spelter, 5.40@6.50; tin, 49.60@50.00. CHICAGO CAR LOTS. Following are the receipts for Friday and estimated for Saturday: I Friday. \ Saturday. Wheat 30 o4 Corn 47 91 Oats ...... 123 150 Hogs 11,000 7,000 LIVERPOOL GRAIN MARKET. LIVERPOOL, April 25.—Wheat opened unchanged to %d low'er. 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 w r as unchanged to %d low r er; closed unchanged to %d lower. I 12.05-07,12.14-16 ; 11.92111.93111.92-93111.05-06 I : 11.59711.59 11.54-57J11.71-7> . ...'ll.29-31 11.39-40 to 5230. ATLANTA MULE AND HORSE MARKET (Corrected by the National Stock Yard* Commission Company; C. G. Tur ner, President.) Mules. 14 to 14% hands, rough, good ages, $115 to $130. 14 to 12%, finish‘with quality, $156 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 LIVE STOCK MARKET. CHICAGO, April 25.—Hogs*—Receipts 11,000 Market 5c to 10c higher. Mixed and butchers $8.65@9.05, good heavy $8.80© 8.95, rough heavy $8.60@8.75, light $8.75@9.05, pigs $7.20@8.60. bulk $8.80©8.95. Cattle—Receipts 1,000. Market steady. Beeves $7.50@9.20. cows and heifers $3.50 @8.60, stockers and feeders $G.40©8.10, Texans $6.90@8.50. calves $7.00@9.00. Sheep—Receipts 8,000. Market steady. Native and Western $5.50@7.10. lambs $6.50@9.00. | Open ing. Clos Ing. 1 January. . . . . 11.2D 111.24 11.371 Vi 11.39 i February. . . 11.214 111 2a 11.3S< 111.40 March . . 11.25 11.40 <7 11.41 ! April! . . . ilO.l-O il 10.94 | May. . . . .no 75 10.93' 'a 10.94 June. . . . 10.90(4 » 11.00 : 11.031 a U .05 j July. . . . .11.03 11.14 fcU.15 August. . . . . . 11.10© 11 20 11.24( 'Jll.'lll September . .*11.22 112^ ?i U ,3«» | October. . . . . 11.21 r, rl 1.35 November. . 11.21 11.34 vi 11 . December. . . . . 11.21 11.30 /■ 11.37, NEW bar silve LOND BAR SILVER. V' KK. April 25. Commercial 60%. Mexican dollars 4So. N. Apri’ 26 Bar silver steady Closed stead MONEY. AND EXCHANGE. NEW YORK, April 25.—Money on call 2%*. tiuse loans easier: sixt> days 4©> 4%. ninety days 4%. six months 4©4' t , per cent. Posted rates. Sterling exchange 4.84© 4.87, with actual business in hankers’ bills at 4.8665© 4.8670 for . .11.19-21111.29-31 19 11.19-20 11.29-30 27 11.21-22 11.31-32 ...11.19-21 U.29-*> 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 the 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 and 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 hales last year and a decrease of 110.- 243 bales the year before. World’s visible supply: • * • ii1 Mils al 4.8665© 4.8670 for demand and • • • • • L 2 i 11.36 11.3. 1 4.8;: T, q 4 8350 for sixty-day bills steady. Sales. 110,000 hags. [ Prime mercantile paper unchanged. 19 IS. 1 1912. | 1911. American .... Other kinfis.. Total . 3,302.008 3,945.824 2.507,864 1.498.000 1.220. OOO'l, 177.000 4,800.008 5,166.824 3.684,364 World's spinners’ takings: 1913. 1912. 1911. For week... 221,000 314.000 179.000 S ee Sept. 1 10.892.000 11.787,000 9,443.000 Movement into sight for week: 1913 1912. J 1911. o’land, w'k 15.813 23.437) 10,051 S’ee Sept. 1 888,969 1,110.449 854.671 In s’ht. w’k 109,761 162,370 69.878 S ee Sept 1 1 2.842.474 14.929,662.11,171,576 So. c's'mp.. 47.000 46.000 40,000 Weekly exj orts: 1913 1912 For week.... 53.166 131,574 Since Sept. 1 7.743.300 9,641.044 16 hands, heavy chunk weighing form 1,250 to 1,400 pounds, $2oo to $330. Horses. Southern chunk horses, from $75 to $110. Southern chunk, finish, $110 to $135. flood 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 2.50. Turpentine easier; 42% bid. Rosin quiet; common 4.75 bid. Wool nominal; domestic fleece 25©)28, pulled scoured basis 36@53, Texas scoured l»asis 48@65. Hides quiet: native steers 16%@19Vi. branded steers 16%©lot*. Coffee steady; options opened 3 to 9 lower; Rio No. 7 on spot 11% asked. Rice steady; domestic ordinary to prime 4%@5%. Molasses steady; New Orleans open kettle 35© 50. Sugar, raw steady; centrifugal 3.26© 3.39. muscovado 2.86@2.89, molasses sugar 2.60© 2.65. Sugar, refined quiet; fine granulated 4.20© 4.35, cut loaf T*.05@5.15, crushed 4.95 *5 05, “ ’ * SPOT COTTON MARKET. Atlanta, quiet; middling 11 13-16. Athens, steady; middling 12%. Macon, steady; middling 12c. New Orleans, quiet: middling 12 5-l«. New Y"ork, 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; midllng 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. a vo, mold A 4 60©4.70, cubes 4.45Q 60, powdered 4.30© 4.45, diamond A 4.So sked, confectioners A 4.20. Softs No. asked 1 4.00© 4.10. (No. 2 is 5 points lower poi than Nr. 1 and Nos. 3 to 14 are each 5 points l<»wer than the preceding grade.) Potatoes steady: white nearby 1.70© 2.00, Bermudas 3.00@5.50. Beans quiet; marrow choice 5.70© 5.75, pea choice S.80@3.85. red kidney choice 4 20@4.30. Dried fruits steady: apricots choice to fancy 10%@12V*. apples evaporated prime to fancy 5%@8%, prunes 30s to 60s 54* bid. 60s to 100s 3%©4%. peaches choice to fancy 6©r7%. seeded raisins choice to fancy o@6% 10 Lb. Pail Snowhite or Flake Guaranteed fresh Country E&gsDoz.««2 185c GISH GROCERY CO. 118 and 120 Whitehall. .00 For You Is Your Name On the List? / Read the “Want Ads” every day. You may be one of the for- P tunates to re ceive a brand new dollar bill from the “Want Ad” man when he calls in the speedy Car ter car. 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 llio