Newspaper Page Text
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THE ATLANTA GEORGIAN AND NEWS, T*riff*AY. AT*fKTT. 25,1911
l).
Today's NewYork
Stock Market
BANK DEPOSITS
The following table shows the
highest, lowest and close, to
gether with the previous close:
Stock quotations:
I STOCK—
xAmal. Cop
j Am. Ice Sec
Grand Total in This Country Fouri Am - Sut ->- Ret
Am. Smelting.
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 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.
•
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 not
very far from twice the amount held,
in Franch.
* • *
This stupendous sum is in urgent
need of additional protection. loo
many savings banks in the Empire
State are hovering danaerously near
the bankruptcy line. Some of tnem
have not a reserve of $1 for each $.00
on deposit- Worso still, there is no
law enabling the authorities to en
force the correcting of this alarminr,
deficiency. Nothina mo'e 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 instie
tutiens 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
oatroas. 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.
* * •
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
tne country. Moreover, an upheaval
among savings banks would precipi
tate panic among every other class
of banking institutions.
* * *
The great majority—nearly aH—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.
High.
75' 4
25' 2
111 7 8
68' 2
35
49%
46
38' 2
101%
34
94%
30 4
129' 2
34
90
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
Ceth. Steel.
B. R. T.
B. and O. . 99' 8
Can. Pacific.. 242
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'/ 2
Erie 29%
do, pref. . . 44' H
Gen Electric. 139' a
Goldfield Cons
G. Western
G. North, pfd. 127
G. North. Ore. 34
Int. Harvester 103 7 a
III. Central. . 116
Interboro . 116%
do, pref. .
Iowa Central.
K. C. South. .
K. and T. .
do. pref. .
L. Valley. .
L. and N. . .
Mo. Pacific. .
56'
23%
. 60
159' ,
373 8
N. Y. Central 101%
Northwest..
Nat. Lead .
N. and W. .
No. Pacific.
O. and W. .
Penn..
Pacific Mail
P. Gas Co. .
130
1051/2
119 •
30%
114*8
1 11'/2
P. Steel Car .
25%
Reading .
163' .1
Rock Island .
21' 2
do. pfd..
36
R. 1. and Steel
24'
do. pfd. . .
aa%
S.-Sheffield
So. Pacific. .
99' a
So. Railway .
25'/ 2
do. pfd.. .
77%
St. Paul
108' 2
Tenn. Copper.
34' 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. . .
60' „
Wabash .
. ... |
do. pfd.
W. Electric .
W. Central . .
W. Maryland
Total sales,
354,40(
dend. 1' 3 per
cent.
Clns.
Prev.
Low.
Bid.
Close.
74%
73%
76%
25%
25' 4
25%
111 %
111%
113
67%
67!/,
66' 4
35
34' '*
36
'
49%
50
45%
45'4
46%
20
21
37'/,
37%
38
101
101
101%
121
121%
33%
33
34%
94' 8
93' 4
93%
30
29%
30
129' ' 4
129'/,
127
50
55
33' 2
89%.
89%
90
98%
98' 4
95%
241%
241'/.
240
10%
10%
103^
66' 2
65' 4
67%
130
129
131
24'/2
24' 2
243 4
32 4
32
30
30
159
157
159
20%
1G' 2
16' „
16'. 2
28%
28'/ 2
29%
43%
43' •
44' 4
139' 2
138' 4
139' 2
2
14%
14%
126' 4
129
127
34
3d .
34
103%
103
104
113%
114' 4
116%
115' 2
114/4
116%
543 4
54'%
56
8
23%
23' 2
25' 2
25%
60
60
60%
158'/ a
157' : >
158%
133%
133%
37%
36%
37%
1011/2
101%
101%
129' 8
129
130
49
49
105
104%
105%
114%
114%
115
30
30
30
114', a
114' 4
11454
24'
24%
110'/a
109%
111
24'/.
24' 4
25
i6n»
161%
162' .
21' „
21%
21%
35' a
35%
36%
24' h
24
243 4
83’ 4
83' 2
84
30
30
98', 2
98%
96 3 4
25'/«
25
25%
77"„
77
77%
107' 4
107%
108%
34'. 4
34' 8
35
17%
17
34' 4
35
1911/,
151%
152%
61'/a
60' 4
62' 4
52'-4
52
52%
O'
0
0
60%
61%
108%
108' 4
108%
32' 2
32' 2
32%
66
66
62' 4
3
3
10' 8
103 a
63
63' 2
52
54%
37%
38
*Ex-divi-
AGREAGE FIGURES
SEND COTTON OFF
JJKW YORK, April 25.—With a groat
portion of the short interest eliminated
and several Ion* lines liquidated, the
lov - priced men have more confidence in
1 the short side. All old recent bullish
| factors have been
dl.-.oounted. River
General Selling Follows Bearish Sf-YrieT
. It Iordan wan a good buyer of new
R’bnnrt nf Npw Ynrk Author- crops. The ring crowd, after selling,
nepui l 01 IlcW lUiK AUillUf bought old crops, most of which was said
to he for short covering
ity in the Trade.
Schill bought October and December,
also Riordan.
NEW VoRK, April 26.—The New
Y'ork Commercial's annual cotton acre
age estimate this morning, which placed
1913 at 36,465,810 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 han\-
mered; also, W all Street, with the result
of May, July and August dropping 10
points fmm the initial level. July soqn
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
>>i the opening.
The report was construed as bearish
when compared with the census bureau
acreage estimate last year of 34,097,000
acres and 30,681,000 acres for 1911, when
th* “bumper crop” was produced.
The reactionary tendency was 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 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 u 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
lie 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.
Ap
My
Jn
Jiy
Ag
Spt
Oc
Dc
J11
Mh
O
iiilS
11.46 11.46 11.31 11.33'11 #8'-34
j I 11.41-43
I. . 53 11.64!ll.37!ll.39 11.39-40
II. 39 11.39111.24 11.25 11.26-26
11.19 11.19111.19! 1 1.19111.13-15
11.18 11.20 11.10111.12 11.12-13
11.20111.21 ill .12 11.14111.14-15 11
11.14,11.17I11.07'11.10111.00-10 11
LI SOI 11.20lll.l6]ll. 16l 11.14-16111
-59
47-48
57-59
55-56
41-42
23- 25
21-22
24- 25
18-19
24-26
• !io8< d steady
Wilson bought 10,000 bales of July at
11.45.
Room traders were bearish,
ontinues bearish.
Sentiment
A levee is said to have broken at
Krotz Spring, opposite Baton llouge, La.
• • *
Dallas wires: "Texas generally clear
and pleasant; Oklahoma clear and cold;
no frost reported."
Following
11.38: July,
uary, 11.13.
are 11 a. in. bids:
11.46; October, 11.18;
May,
Jan-
NEW ORLEANS, April 25.- May ward
A dark: The weather rnap 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 inkidling
faic, 7.29; good middling, 6.95; middling,
6.77; low middling. 6.61: good ordinary,
6.27; ordinary, 5.93."
• * *
Little Rock wires: "Raining here
since last night, and cold; looks like
more rain."
• * *
It is rumored about 1,200 notices are
out 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 dow’n 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 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.”
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
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
of a year ago. World’s shipments for
Monday are expected to equal the pre
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
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 during the entire day,
ami 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 %c off, and oats were % to Vic off.
Cash sales were 75,000 bushels wheat;
corn, 90,000 bushels, and oats, 90.000
bushels.
Provisions were a little higher.
ATLANTA MARKETS
CHICAGO QRAIN MARKET.
Grain quotations:
Low
High.
WHEAT—
Previous
Close. Close
May
J uly
Sept... .
CORN—
May
July
Sept
OATS—
May
July
Sept
93%
93%
92%
55%
56 %
57
35 Vi
35
34%
92%
92%
91%
56%
55%
56%
34%
34%
34%
92%
92%
91%
55 Vi
55%
56%
34%
34%
34%
92%
91%
91%
551/4
55%
56%
35%
34%
34%
Following are 10 a. m. bids:
12.16; July, 12.01; October, 11.26;
uary, 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
May....
X9.»7^
19.77%
19.77%
19.80
July....
20.00
19.80
19.80
19.92%
Sept....
LARD
19.75
19.57%
19.57%
19.72%
May. v.
11.12%
11.02%
11.02%
11.10
July. . . .
11.05
10.95
10.95
11.00
Sept....
RIBS-
11.07%
10.95
10.95
11.00
May....
11.50
11.40
11.40
11.45
July. . . .
11.17%
tl.07Vi
11.07%
11.00
Sept....
11.02%
10.87%
10.87%
11.00
LIVERPOOL COTTON MARKET.
LIVERPOOL, April 25.—Due un
changed to 1 point 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. rn the market was quiet and
steady. % point higher. loiter the mar
ket advanced 1 point from 12:15 p. m.
Spot cotton 6.*7u; sales 6.066 bales, in
cluding 5,400 American; imports 1.060
bales, none American.
Port receipts are to-day estimated at
15,000 bales, compared with 14,527 bales
last week and 32,827 bales last year,
against 9,535 bales for the same week in
1911.
At the clone the market was steady
with prices at a net decline of 1% to 2
points from the final quotations of
Thursday.
Futures opened quiet.
(ipening Prev.
Range. Close. Close.
April 6.52 Vi-6.50 6.49 6.50%
.6 46% 6.44% 6.46
.6.47 -6.46 6.44 6.45%
TO-DAY'S PORT RECEIPTS.
The following table shows receipts
at the ports to-day compared with the
same day last year:
1913. 1 1912
LARGE INTERESTS
SEEL OFF STOCKS!!
April - May
May-June
1 June-July
July-Aug.
Aug. Sept
Sept.-Oct.
1 Oct.-Nov.
Nov.-Dec.
I Dec.-Jan.
Jan.-Feb.
(’eb. -Mch
.6.45%-6.44% 6.42% 6.44
. 6.42%-6.41
6.32%-6.82
.6.19%
.6.13 -6.12
.6.09
6.46%
6.30%
Closed steady.
.6.08
.0.08
-6.07
6.39
6.29 6.30 1
6.16% 6.18%
6.09% 6.11 Vi
6.06Vi "
6.05 *
New Orleans. . .
1.488
2.148
Galveston
4.248
2,442
Mobile
298
381
Savannah.....
1.405
2.984
Charleston. . . .
88
163
Wilmington. . . .
123
506
Norfolk
1.006
1.401
Baltimore. . . . .
1.632
1,315
New York
82
Boston
li
21
Brunswick. . . .
2,193
2.002
Newport 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
3,146
Augusta
281
667
Memphis
St. Louis
1,837
209
3,123
1.547
Cincinnati
149
2,539
Little Rock . . . .
151
CHICAGO CASH QUOTATIONS.
CHICAGO. April 25.—Wheat, No. S
red, 1.08(rt 1.10%; No. 3 red, 1.01©1.05
No. 2 hard winter. 94%@96:' No. 3 hard
winter, 93094%; No. 1 northern spring,
95(095%; No. 2 northern spring, 94(094%;
No. 3 spring, 91(093.
Corn. No. 2, 56(0 56%: No. 2 white, 58(0
3%; No. 2 yellow. 56(057; No. 3, 55056;
No. 3 white. 57%(058; No. 3 yellow. 550
►i; No. 4, 54(054%; No. 4 white, 56; No.
1 yellow. 54(054%.
Oats, No. 2 white, 36% @37%: No. 3
white. 35(035%; No. 4 white, 34@35;
Standard, 36Vi @36%.
EGGS—Fresh country, candled, 150
16c.
BUTTER—Jersey and creamery. In
1-lb. blocks, 27%@30c, fresh country,
fair demand, 17%@22%p.
DRESSED POULTRY—Drawn, head
and feet on, per pound: Hens, 55(055c;
fries, 22%<025c; roosters, 8010; turkeys
owing to fatness, 20@22%c.
LIVE POULTRY—Hens, 50@55c;
roosters 2100300, fries 35@40c, broilers
30@35c, puddle ducks 30035c, Pekins
350 40c, geese 60 0 60c each, turkeys, ow
ing to fatness, 18 0 20c.
FRUITS'AND PRODUCE.
FRUITS AND VEGETABLES—Lem
ons fancy $6.00 grapefruit $2.7503.00,
cauliflower lO012%c lb., bananas, 3c per
pound, cabbage 310L1O crate, peanuts
per pound, fancy Virginia, 6%07c,
choice 5%@6c, lettuce fancy $2,500,300,
beets $1.0001.25 in half-barrel crates,
cucumbers $2.2502.50.
Egg plants (scarce) $2.250 2.75 per
cratei pepper $2.500 2.75 per crate, to
matoes fancy, six-basket crates $2,250
2.75, pineapples $2.5002.75 per crate,
onions 60@66c per bushel, sweet pota
toes, pumpkin yam 65070c. strawber
ries lO0l2%e per kuart, fancy Florida
celery $2.5003.00 per crate, okra, fan
cy 6-basket crates $303.00.
FISH.
FliJK—Bream and perch, 7c pound;
snapper, 10c pound; trout, 10c pound;
blueflsh. 7c pound; pompano, 20c pound:
mackerel, 7c pound; mixed lish 506c
pound; black bass, 10c pound; mullet, $12
per barrel.
FLOUR AND GRAIN,
FLOUR—Postell’s Elegant $7.76,
Omega $7.50, Carter's Best $7.75, Qual
ity (finest patent) $6.05; 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 (fineht
•atent) $6.60, Golden Grain $5.60, Fault-
ess (finest) $6.25, Home Queen (high
est patent) $5.85, Puritan (highest pat
ent) $5.85, Paragon (highest patent)
$5.85, Sunrise (half patent) 55.25, White
Cloud (highest patent) $5.50, White
Daisy (high patent) $5.50, While Lily
(high patent) $5.50, Diadem (fancy high
patent) $5.75, Water Lily (patent) $5.15,
Sunbeam $5.25, Southern Star (pacent)
*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 5e. 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 13c pound, Scoco
%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, »5c; 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 7Vic pound, lemon crackers 8c,
oyster 7c, tomatoes (2 pounds) $1.65
ase, (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
ball potash $3/30 per case, soap $1,500
4 per case, Rum ford 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—Plain 144-pound sacks 75c, 96-
pound sacks 77c, 43-poupd tracks 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 Hurt 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 bales, $1.25,
silver clover mixed hay 51.15, Timothy
No. 1, (‘lover 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. 18%c.
Cornfield skinned hams, 16 to 18
pounds, average 19%c. 2
Cornfield pickled pig’s feet, 15-pound
kits, $1.25
Cornfield jeliied meat In 10-pound
dinner pail, 12%c.
Cornfield picnic hams, 6 to 8 pounds
average. 13%c.
Cornfield breakfast bacon 24%c.
Grocer sty’le bacon (wide or narrow).'1
18%c.
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 lufichcon hams, 25-pound
box??*. 13 %c.
Cornfield smoked link sausage, 25-
pound .boxes, 13%c.
Cornfield smoked link sausage, 25-
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 Vic.
Compound lard (tierce 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 $1.7i ,
darldy middling 100-lb. sacks $1.75, fan
cy, 75-lb. sacks $1.75, 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-Ib. 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-
Coal Exports Grow
To Huge Figures
United States Greatest Producer but
Third in Rank as Exporter.
Canada Best Customer.
Coal exports from the Unttei!
States in the current fiscal year wil
approximate 190.000,000 in value
against $60,000,000 in 1909. These fi ? .
ure» include the coal and coke ex
ported to foreign countries and the
coal supplied to vessels engaged in
the foreign trade. Figures for the
nine months ended with March, corm
piled by the Bureau of Foreign and
Domestic Commerce, show anthracltt
coal exported to foreign countries
3,383,126 tons, valued at $18,031093
bituminous coal, 11,013,909 tons ’vab
ued at $27,908,998; coke, 649,941 ton>
valued at $2,384,439, and the coa’
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 „
$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
♦lie list of coal exporting nation’
though clearly at the head of the 11s;
of the world’s coal producers. Tin
coal production of the world average,
about 1,200,000,000 long tons per an
tiutn, of which the United States pro
duces about 38 per cent, tho United
Kingdom 24 per cent, Germany 211 p,,
cent, Austria-Hungary 4 per cent and
France 3 per cent.
If you have anything lo sell adver-
tise in The Sunday American Lar
gest circulation of any Sunday news
paper in the South.
tory scratch, oO-lb. sacks $1.90, 100-lb
sacks $1.80, wheat, 2-bushel bags, per
txishel $1.40, oyster shell 80c, special
scratch. 100-lb sacks $1.80, Eggo $i.s*
charcoal. 50-lb. sacks, per 100 pounds %
GROUND FEED—Purina feed, 175-it’
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 $1.60,
Victory ho r sefee<l, 100-lb. sacks $1.60
A. B C. feed $1.50, Milk dairy feed $1.6n!
alfalfa molasses meal $1.75, alfalfa mea!
$1.40, beet pulp, 100-lb. sacks $1.55,
homa rustproof 60c, Appier 70c, winter
grazing 75c, oats black seed 50c.
COTTON SEED 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.
PRIMARY
MOVEMENT.
WHEAT—
| 1913. |
1912.
Receipts .....
.1 126,000 I
284,000
Shipments ....
. 1,158,000 1
373,000
CORN—
P.eceipts
.1 310,000 !
444,000
Shipments ....
.1 577,000 1
659,000
rw, ' ,7
Is Your Name
On the List?
Total.
7,061
7,259
METALS.
NEW Y'ORK. April 25.—The metal
market was firmer to-day. Copper,
April to July, 14%@15%; 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:
| Friday, t Saturday
$1.00
For You
^7- .
Professional Element Inclined To
Be Bearish, and Liquidation
Is in Evidence.
The savings banks, however, have
been victims of circumstances. You
to the very finest securities in the
land. But do you also know that
these securities have been sinking,
jinking, sinking in value during re
cent years? Competition for capital
has been sc 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 ijonds.
carrying 3. 3 1-2 or 4 per cent, have i tJ((
naturally fallen in price since they
yield so much less than the ones now
being offered.
New York Central 3 1-2 per cent,
bonds, which sold above 111, are now
worth only 84. New York City's 4
per cent bonds have fallen from
103 1-2 to 92 1-2. Atchison 4 per
cents, once worth 106. are now bc ( ow
93.
You can thus see how the pssets
of the savings banks have shrunk in
value. Incidentally. I do not believe
decline in bonds will go appre
ciably farther, but that is not the
po'nt.
THE WEATHER.
WASHINGTON, .April 25.—There will
be unsettled weather with local rains
to-night or Saturday in the Ohio valley,
Tennessee and the East Gulf States and
generally fair weather elsewhere east
of the Mississippi River tonight and
Saturday.
Temperatures will be lower to-night
an<l Saturday in the region of tho Great
Lakes, the < >hio Valley, Tennesst e and
the East Gulf 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. Saturda> :
Georgia—Fair in east, probably local
rains in west portion tonight or Satur
day: not quite so warn Saturday.
NEW YORK COFFEE MARKET.
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
purchasing. It opened here at 241% for
a gain of 1%.
The list had an irregular appearance
nd of half an hour’s trailing.
Amalgamated Copper, which sold ex-
dividend of 1%, opened at 76% against
76% at the closing last night Iiehigh
Valley opened % up, but lost Us ad-
vRiin United States Steel common be
gan at 61% for a fractional gain. hut
lust the advance and sustained a net
decline of %.
St. Paul opened unchanged at 108%.
but ' un dropped %. New Haven again
was under pressure on account of the
Interstate Commerce Commission inves
tigation and declined %. Union Pa
cific sold at 152% for a fractional loss,
but later advanced. Southern Pacific
gatnro %, Pennsylvania declined %.
Tho curb market was easy. Ameri
cans in London were quiet.
The market after showing a waver
ing Tender \\ sustained some amount of
loss.
I'nidii Pacific r*** off % at 115.
Ililri ’is Central was 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
the opening and midday levels. Reading
si ld around 161%. which was a point
• the ' pening and a fraction under
it > noon level.. Amalgamated Copper
lost Other issues which declined
were American Can. Union Pacific,
j Union Pacific, Missouri Pacific, Lehigh
Valle> and Chesapeake and Ohio. There
] was very little doing and toward the
• -i the trading was almost at a stand-
; still.
I The market closed firm,
j Government bond* unchanged. Other
| bonds firm.
AYWARD A CLARK'S
DAILY COTTON LETTER
NEW ORLEANS, April 35.—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 nows 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, ail In
crease of 6.9 per cent, of which 10 per
cent is In Texas and 12 per cent in
Oklahoma, while Georgia is given a de
crease of 3 per cent. The market de
clined in the early trading to 1*4.98 for
July and 11.24 for October, principalis
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.
RANGE NEW ORLEANS FUTURES.
COTTON MARKET OPINIONS.
Logan & Bryan: We think we will
see lower pric es, 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, \ r iolett & Co.: We think the
rally may go further, in which event we
think it would prove profitable to resell.
Wheat
30
t>4
Corn
47
91
Oats
123
150
Hogs
11,000
7,000
COTTON SEED OIL.
Cotton seed oil quotations:
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 low’er;
closed unchanged to %d low'er.
Spot . . .
April . . ,
May . . .
June . . .
July . . .
August . .
September
October . .
November .
Crude . . .
Opening. 1 Closing.
7.00 0 7.50
7.0007.01
6.99 0 7.01
7.0107.03
7.0307.04
7.0807.09
7.070 7.09
6.6706.77
6.5106.55
6.00
| 7.0007.30
7.0307.05
7.0307.08
7.0707.08
7.130 7.14
7.11 0%. 1*3
6.8406.87
6.55® 6.57
Closed heavy; sales 16,800 barrels.
|
0
It
i lit
«
■
O
b
1 ►£?
My
12.20 12.22
12.10 12.12
12.11-
I2ii2.20-
21
1 1
12.05
07 12.14
16
Jly
12.0
Mia.ut
ill.92111.93
11.92
93,11.05
06 |
ll.6S1l.6f
U.5F11.59
11.54
57J11.71
ypt
11.29
31 11.39
40
Oc
11.2
1 1.31
11.19 11.20
11.19
20:11.29
30
Nv
....
11.19
21111.29
31
Dc
11.3
7111.31
11.19 11.19
11.19
20 11.29
30
Jn
11.2
*11.31
11.27 11.27
11.21
22 11.31
32
Kb
11.19
2111.29
*1
Coffee quotations:
: Open
ing.
Closing
January ...
. 11.210 11
.24
11,37ftt
11.
, 39
Februar> .
. 11.2241
r 11
.25
; ll.:5S@
n
.40
March
11.25
11.40 0
11
\pril1 ....
10.900
10
,94
4ay ...
. 10.75
10.930
10
.94
June ...
. 10.90(0
r 11
(*0
11.030
11,
05
July. . . .
. 11.03
11.140
11
.15
August. . . .
. '11.10$,
1' 1
20
11.240
11
,y6
September. . .
.11.22
11.34 0
11
35
October. . ,
. 11.21
11.34 011
.35
November.
. U.».
11.340
11
.35
December. . .
. 11.21
11.360
11
.37
Closed steady
Sales
, 110,000 bags.
BAR SILVER
N K\\ \<>KK. April 25. Commercial
ba» silver 60%. Mexican dollars 48r
I.J 'NDON. April 25. Bar silver steady
MONEY AND EXCHANGE.
NEW YORK. April 25. Money on call
2%; time loans easier; sixty days 4r«-
4%. ninety days 4%. six months 404%,
1 per cent.
UoKteo rates: Sterling exchange 4.84@
4.87. with actual business in bankers'
bills at 4.866504.8670 for demand and
I 1 82-T(a 4.8350 for sixty-day bills.
| Prime mercantile paper 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 tho corre
sponding week last year, against a de
crease of 111.243 bales fur tho 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 1J0.975
hales last year and a decrease of 110.-
243 bales the your before.
World’s visible supply:
1913. lSl2. I 1911.
American 3,302,008 3,945.824 2,507,364
Other kinds. , ! 1,498.00011.220.000i 1,177,000
Total 4.800,00815.165,824 3.684.364
World's spinners' takings:
1913.
t912.
1911.
For week...
2;1,000
314.000
179,000
S ee Sept. 1
10,892.000 11
787.000
9,443,000
Movement
into sight
for week:
1913.
1»12.
1911
o’lanfi. w'k
15.MS
23.437
10,051
S'ce Sept. 1
In s ht. w’k
888,969 1,110.4 49
854,671
109,761'
162.320
69,878
S’ce Sept 1.
12.842.474 14
929.662:11,171.576
So. c's'nip..
47,000
46.000
40.000
Weekly exports:
For week
Since Sept. 1.
1913 1912
53.166 131.574
.743.300 9,641.044
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
t4% to 16 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
1,250 to 1,400 pounds, $2oo to $330.
Horses.
Southern chunk horses, from $75 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 2.50.
Turpentine easier: 42% bid.
Resin quiet; common 4.75 bid.
Wool nominal; domestic fleece 25028,
pulled scoured basis 36 0 55, Texas
scoured basis 48065.
Hides quiet: native steers 16%019%,
branded steers 15%@15%
Coffee steady; options opened 3 lo 9
lower; Rio No. 7 on spot 11% asked.
Rice steady; domestic ordinary to
prime 4%@5%.
Molasses steady: New Orleans open
kettle 35060.
Sugar, raw' steady; centrifugal 3.360
3.39, muscovado 2.8602.89. molasses
sugar 2.6002.65.
Sugar, refined quiet; fine granulated
4.200 4.25, cut loaf 5.050 5.15, crushed 4.96
@5.05, mold A 4 600 4.70. cubes 4.45®
f.60, powdered 4.SO0 4.45. diamond A 4.35
asked, confectioners A 4.20. Softs—No.
1 4.000 4.10. (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 3.6005.50.
Beans quiet: marrow choice 5.700
5.75, pea choice 58003.85. red kidney
Choice 4.2004.30
Dried fruits steady: apricots choice
to fancy 10%@12%. apples evaporated
prime to fancy 5%@8%. prunes 30s to
60s 5% bid. 60s to 100s 3%@4%, peaches
choice to fancy 607%. seeded raisins
choice to fancy 5@6%
LIVE STOCK MARKET.
CHICAGO, April 25.—Hogs—Receipts
11,000. Market 5c to 10c higher. Mixed
and butchers $8.6509.05, good heavy
$8.800 8.95, rough heavy $^.6008.75,
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
@8.60, stockers and feeders $6.4008.10,
Texans $6.90 0 8.50, calves $7.0009.00.
Sheep - Receipts 8,000. Market steady.
Native and Western $5.5007.10, lambs
$G. 50 09.00.
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; midling 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.
Read the
“Want Ads”
every day.
You may be
one of the for-
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:
r 10-Lb. Pail
Snowhite
or Flake
White Lard
165c
Guaranteed fresh
Country EggsDoz. I ^2
CASH GROCERY CO.
118 and 120 Whitehall.
THE BEST iii 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