Atlanta Georgian. (Atlanta, Ga.) 1912-1939, April 26, 1913, Image 14
14
THi: ATLANTA GEORGIAN AXI) NEWS, SATl’RDAV, APRIL 26. 1913.
Today's New York
Stock Market
tie
BiK DEPOSITS
Grand Total in This Country Four
and One-half Billions—$45
for Each Person,
lowest
with t In*
highest,
got her
Stock quotations:
STOCK— High,
xAmal. Cop 75 1 4
Am. Ice Sec. 25' 2
Am. Sug. Ref.. 1117 K
By B. C. FORBES.
The United States has irore sav
ings bank deposits than an> ot h * r
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 j Corn Products
each depositor i* $445. If the tota.
were distributed, every man, woman
and child in the U,.W> would get fully
$45.
Am. Smelting.
Am. Locomo..
Am. Car Fdy..
Am. Cot. Oil..
Am. Woolen...
Anaconda ....
Atchison .
A. C. L
American Can
do, pref. ..
Am. Deet Sug.
Am. T.-T... .
Am. Agricul ..
Eeth. Steel..
B. R. T.
B. and O-
Can. Pacific..
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.
4 # *
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
verv far from twice the amount held,
in Franch.
68'
35
49-,
46
38-
101' ,
34
94'
30'/
129
34
90
99 ,
242
10 V
67V.
130
25
C. and O.
Consol. Gas. .
Cen. Leather..
Colo. F. and I
Colo. Southern.
D. and H. .160
Den. and R. G.
Distil. Secur.... 16' z
Erie . 29' ■
do. pref. 44' R
Cen Electric. IS 01 *
Goldfield Cons.
G. Western
G. North, pfd. 127
G. North. Ore. 34
Int. Harvester 103%
III. Central . 116
Interboro .... 116'b
do, pref. . . 56' 4
Iowa Central
L. and N
Mo. Pacific 37
N. Y. Central 101%
Northwest.
Nat. Lead .
N. and W. .
No. Pacific.
O. and W. .
Penn.. . .
Pacific Mail
P. Gas Co. .
P. Steel Car
Reading .
163' 4
Rock Island
21' 2
do. pfd..
36
R. I. and Steel
24' 2
do. pfd.
83 7 r
S.-Sheffield. .
So. Pacific. .
99' a
So. Railway
25' 2
do. pfd.
77 3 a
St. Paul.
108' 2
Tenn. Copper
34' 2
Texas Pacific.
Third Avenue
Union Pacific.
1524
U. B. Rubber.
62
Utah Coppe” .
53
U. S. Steel
614
do. pfd.
1084
v.-C. Chem. .
324
W. Union. . .
66' «
This stupendous sum is in u'gent
need of additional protection. Too
many savings banks in the bmpire K. C. South
State are hoverinci dangerously near K. and T.
the bankruptcy line. Some of, them | d o, pref.
have not a reserve of $1 for each $100 Valley
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 3tart 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 taw, 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 li e tolerated- The need
for action WITHOUT DE1LAY 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 tlioy had built up a reserve
offering reasonable protection to its
pa'rnns. This is a light price to pay
fc the removal of the very grave
da -per that will he engendered by the
deieat of the bill. At present the
State Eanking 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,COO,000 de
posits are at stake in New York State
alone, and $4,500,000,000 throughout
tne country. Met cover, an upheaval
among savings banks would precipi
tate panic among every other class
of banking institutions.
* # *
The great majority—nearly aU—of
our savings banks have been capably,
unselfishly and patriotically managed.
They are phGanihropic 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 j
been victims of circumstances. You
to the ve» y 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
carrying 3. 3 1-2 or 4 per cent, have
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 below
93.
* * •
You can thus see how the assets
of the savings banks have shrunk
value. Incidentally, I do not believe
the decline in bonds will go appre
ciably farther, but that is not the
point.
THE WEATHER.
23 1 4
60
159'
130
105' 2
115* »
30%
m%
111'/ 2
25 3 4
table
show
s the
a ml
close
to-
previous <
lose:
Clos.
Prev.
Low.
Bid.
Close.
73%
76%
25'.
25' 4
25%
1114
111%
113
67 3 4
67' *
66' 4
35
34'/*
35
49/*
494 a
50
45 ‘a
45«/ 4
46%
20
21
37'/ 2
377 a
38
101
101
101', a
121
121%
33' a
33
34%
94' ,
93' 4
93'/,
30
29 7 r
30
129'/*
129', 2
127
50
55
33' 2
893 b
891a
90
98 3 4
98'/*
95H
241' 4
241' a
240
10%
10 5 a
10%
66>/2
65'4
67' *
130
129
131
24', 2
24 ,
24%
32%
32
30
30
159
157
159
20%
16'/ 2
16',a
16'/*
28%
28'/ a
29 a
43%
43'
44' 4
139'/,
138' 4
139' .
2
14’a
14' *
•t
<b
CM
129
127
34
34'/*
34
103%
103
104
113%
114' 4
116/4
115'/ 2
114'/*
116' 4
64%
54',*
56
8
23%
23' *
25'/*
25'/*
60
60
60' „
158'/ 2
157'/2
158%
133' g
133' a
37' ,
36'/2
37'/.
101 */2
101%
101%
129' a
129
130
49
49
105
104%
105%
114 7 a
114?a
115
30
30
30
114'a
114' 4
114 V*
24'/*
24'4
110' 2
109%
111
24'/*
24', 4
25
161*8
161%
162' 2
WISE FIGURES
SEND COTTON OFF
General Selling Follows Bearish
Report of New York Author
ity in the Trade-
NEW YORK, April 26 The New
York <.ommercial’H annual < otton 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 dose. 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 Eater
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 for 1911. when
the "bumper crop” was produced.
The reactionary tendency w'as sus-
talned throughout the morning session
and prices were kept at tlie early low
level.
The market wan friendless during the
late forenoon, with the exception of
scattered buying by commission houses.
There was no evidence of any special
support. The bulls 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 Eire 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 l>e from strad
dles. buying here and selling in other
markets It also was said that the re
port »if mill takings for tlie week would
he 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.
ATLANTA MARKETS
NEW YORK, April 25.—With a great,
portion of the short interest eliminated i
I and several long lines liquidated, the |
low-priced men have more confidence in i
.he short side. Ail old recent bullish j
factors have been discounted. River
; Demand Abroad and Heavy Buy
ing From Conservative Quar-
Riordan 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.
Kchill bought October and
also Riordan.
December,
Wilson bought 10,000 bales of July at
11.45.
Room traders were bearish,
continues bearish.
Sentiment
21' «
35' B
24'/ a
83*4
98' g
25' 8
77'«
107' 4
34' 4
15l'/ 2
61' fi
52' 4
60 7 8
108*8
32'
66
Wabash
do. pfd.
W. Electric. ...
W. Central
W. Maryland
Total sales. 354.400 shares
dend. 1 per cent.
21' 8
35 3 b
24
83' ?
30
98*4
25
77
107' 8
34' 8
1714
34' 4
151'%
60' 4
52
60 $
108' 4
3214
66
3
10' «
63
52
37’a
21*
36' |
24 3 ,
84
30
98 $
25'
77V
108 5
35
17
35
152' 2
62'/ 4
52*a
6D4
108' 4
32' 2
62' ;
3
10%
63' 2
54 4
38
Open
jd
tc
Low
j; «i 1 w
3 75 °
3 93 | U
i s
fc- U
Ap
|
11.40
11.57-59
My
11.46
11.46 11.31
11.33 11 .JUT- 54 1 1.47-48
111 41-43 11 57-59
Jiy
ii.53
il.54lit.37
11.3911.39-40
11.55-56
Atf
11.31
ll.39j1l.24
11.25;U. 26-26
li .41-42
Spt
ii. is
ll.19jll.19
11.19 11*13-15
11.23-25
Or
in. ii
11.2011.10
11.12 11.12-13
11.21-22
Do
’ 11.24
11.21 11.12
11.14 11.14-15
11.24-25
Jn
111
11.17 11.07
11.10 11.09-10
11.18-19
Mil
11.20
11.20 11.16
11.15)11.14-16
11.24-26
A levee is said to have broken at
Krotz-Spring, opposite Baton Rouge, La.
* • •
Dallas wires; "Texas generally clear
end 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.
• * *
NKW ORLEANS, April 35.- 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
Htates; fair in Went and warmer.
• * •
Liverpool cables: "American middling
fair, 7.29; good middling. 6.96; middling,
6.77; low middling, 6.61; good ordinary,
6.27; ordinary, 6.93."
* « •
Little Rock wires: "Raining here
since last night, and cold; looks like
more rain."
* ft *
It is rumored al>out 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
t lie 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
w ill 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.
Howevor, on this score, history, not
prophecy, will keep the record (straight."
• • •
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 2,600 to 3,500 3,554
Closed steady.
LIVERPOOL COTTON MARKET.
LIVERPOOL. April 25. Due un
changed to I point higher on near po
sitions and unchanged to % point lower
on distant months, the cotton market
here opened uuiet at a net advance of 14
to 2 point: from Thursday's close. At
12:15 p. m. the market was quiet and
steady. 4 point higher. I^ater the mar
ket advanced 1 point from 12:15 p. rn.
Spot cotton 6.(7d; sales 6,000 bales, in
cluding 5,400 American; imports 1,000
bales, none American.
Port receipts are to-day estimated at
15,000 bales, compared with 14,527 hales
last week and 32,327 hales 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 14 to 2
points from the final quotations of
Thursday.
Futures opened quiet.
Opening
Range.
. 6.524*6.50
.6.464
47 -6.46
ters Cause Gains.
CHICAGO, April 25.—Wheat advanced
as much as Ic this morning on the
strength shown abroad, on w r hich 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 rhipments 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 4c to %e, 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 w’ere a shade better with corn.
Provisions were higher with hogs at
the yards.
Tiie 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 tots to suit, the
shorts absorbed it in a goodly fashion,
but at times they w’ere 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 4c off, and oats were 4 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:
High. Low.
WHEAT—
Previous
Close. Close-
May
July
93%
92%
92%
92%
93%.
92%
92%
91%
Sept...
CORN
92%
91%
91%
91%
May....
55%
55 %
55 %
55%
July....
Sept....
OATS-
56%
55%
55%
55%
57
56%
56%
56%
May....
35 %
34%
34%
35%
July....
35
34%
34%
34%
Sept....
CORK
34%
34 Vi
34%
34%
May....
19.97%
19.77%
19.77%
19.80
J uly....
20.00
19.80
19.80
19.92%
Sept....
LARD
19.75
19.57%
19.57%
19.72%
May....
11.12%
11.02%
10.95
11.02%
11.10
July... .
11.05
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%
1.1.07%
11.07%
11.00
Sept....
11.02%
10.87%
10.87%
11.00
TO DAY'S PORT RECEIPTS.
The following table shows receipts
at the ports to-day compared with the
same day last year:
URGE INTERESTS
SEEL REF STOCKS!:
April
April-May . .
May-June . .
June-.Inly . .
July-Aug. . .
j Aug.Sept
I Sept.-Oct. . .
) Oct.-Nov.
Nov.-Dec.
I Dec.-Jan. . .
Ian.-Feb. .
•'eb.-Mch. . .
losed stead
Prev.
Close. Close.
6.49 6.504
6.444 6 46
6.44 6.454
6.45 1 -6.444 0.424 6.44
6.42 1 .-6.41
.6.324-6.32
.6.194
.6.13 -6.12
.6.09
.6.08
.6.08
-6.07
0.39 0.404
6.29 6.304
6.104 6.184
6.094 6.114
6.064 6.08 Vi
6.054 6.074
6.04 4 6.06 4
6.054 6.074
1913. I
1912.
New Orleans. . .
1,488
2,148
Galveston
4.348
2,442
Mobile
298
381
Savannah
1,405
2,984
Charleston. . . .
88
163
Wilmington. . . .
123
506
Norfolk
1,005
1,401
Baltimore
New York
1,652
1,315
82
Boston
11
21
Brunswick. . . .
2,193
2,002
Newport News .
2.563
558
Pensacola
Port Arthur. . . .
1,700
800
12,000
1,708
Itioifie coast . . .
Various
43
EGGS—Fresh country, candled, 15-0
16c.
BUTTER—Jersey and creamery, in
l-lb. blocks, 27%®30c; fresh country,
fair demand. 17.%@22%c.
DRESSED POTJLTR’Y—Drawn, head
and feet on, per pound: Hens, 55@55c:
fries, 22 4 fa25c; roosters, 8fa>10; turkeys
owing to fatness. 20fal2%c.
LIVE POULTRY—Hens, 50@55c;
roosters 25fa30t\ fries 35fa40e, broilers
30fa36c, puddle ducks 30@36c, Peklns
35fa40c, geese 50 fa 60c each, turkeys, ow
ing to fatness, 18fa)20e.
FRUITS AND PRODUCK.
FRUITS AND VEGETABLES- -Lem
ons fancy $6.00 grapefruit $2.76fa3.Q0.
cauliflower 10@»12%c lb., bananas, 3c per
pound, cabbage 31fal.l0 crate, peanuts
per pound, fancy Virginia, 6%@7c,
choice 5%faGc, lettuce fancy $2.50®.300,
beets $1.00® 1.25 in half-barrel crates,
cucumbers $2.25®2.50.
Egg plants (.scarce) $2.25fa2.75 per
crate, pepper $2.50®2.75 per crate, to
matoes fancy, six-basket crates $2.25®
2.75, pineapples $2.50®2.75 per crate,
onions 60®6!>c per bushel, sweet pota
toes, pumpkin yam 65fa70c. strawber
ries 10fal2%c per kuart, fancy Florida
celery $2.50®3.00 per crate, okra, fan
cy 6-basket crates $3® 3.00.
FISH.
FIlJH—Bream and perch. 7e pound;
snapper, 10c pound; trout, 10c pound;
bluefish, 7c pound; ponnpano, 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 $7.76, Qual
ity (finest patent) $6.65; Gloria (self
rising) $6.50, Results (self-rising), $6.25;
Kwans 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)
$5.83, Sunrise (half patent) S5.25, White
Cloud (highest patent) $5.50, White
Daisy (high patent) $i>.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.
CHICAGO CASH QUOTATIONS.
CHICAGO, April 25. —Wheat, No. 2
red, 1.08^1.104; No. 3 red, 1.0l@l.0of
No. 2 hard winter, 94 4 @96; No. 3 hard
winter. 93@94%; No. 1 northern spring,
95@95%; No. 2 northern spring, 94<@94%;
No. 3 spring, 91@93.
Corn, No. 2. 56(11564; No. 2 white, 08Cm
584 No. 2 yellow, 56fa'57; No. 3, 55@56:
No. 3 white, 57%@58; No. 3 yellow, 55fa
t.; No. 4, 54@544; No. 4 white, 56; No.
4 yellow, 54@54%.
Oats, No. 2 white, 36%({1374; No. 3
white, 35(a 35%; No. 4 white, 34@35;
Standard, 36% @36%.
PRIMARY MOVEMENT.
GROCERS.
SUGAR—Per pound: Standard granu
lated 6c. New York refined 44c, plan
tation 4.85c.
COFFEE — Roasted (Arbuckle’s)
$24.50, A AAA, $14.50 in bulk; in bags and
barrels, $21; green 20c.
RICE—Head 4%fa5%c, fancy head 5%
fa6%c. according to grade.
LARD—Silver leaf 13c pound, Scoco
8%c pound. Flake White 8%c 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 ease, $4.85; salt red
rock per hundredweight $1; salt w'hite
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 $l7T5, soda
crackers 7Vic pound, lemon crackers 8%
oyster 7c, tomatoes (2 pounds) $1.6o
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, syiup 30c per gallon, Sterling
ball potash $3.30 per case, soap $1.50(fr
4 per case*, Ruinford baking powder $2.50
per case.
CORN-—Choice red cob 85c. No. 2
W’hite bone dry No. 2 white SOo, mixed
74c. choice yellow 7Cc, cracked corn 80c.
MEAL—Plain 144-pound sacks 75c, 96-
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 w’hite 52c, mixed Me.
$28.oO: prime $27,504 creamo feed $25.’
COTTON SEED HULLS — Square
sacks $14.50.
SEEDS—(Sacked) : Wheat, Tennessee
choice Burt 70e, rustproof 60c, Olila*
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. $1.26, No. 2 small, $1.15; Timothy
No. 1, clover mixed, large bales, $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
86c.
PROVISION MARKET.
(Corrected by White Provision Co.)
Cornfield hams. 10 to 12 pounds a^r-
age, 19c.
Cornfield hams. 12 to 14 pounds aver
age, 18 \ c.
Cornfield skinned hams, 16 to 18
pounds average 19%o. 2
Cornfield pickled pig’s feet, 15-pound
kits. $1.25
Cornfield jellied meat in 10-pound
dinner pail, 124c.
Cornfield picnic hams, 6 to 8 pounds
average. 134c.
Cornfield breakfast bacon 244c.
Grocer style bacon (wdde or narrow),
184c.
Cornfield fresh pork sausage (link or
bulk) 25-pound buckets, 124c.
Cornfield frankfurters, 10-pound box
es, 12c.
Cornfield bologna sausage, 25-pound
boxes, 10c.
Cornfield luncheon hams, 25-pound
box**. 134c.
Cornfield smoked link sausage, 25-
pound boxes, 13 Vic.
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%e.
Country style pure lard, 50-pound
tins, 12Vic.
Compound lard (tierce basis), 8%c.
D. S. ex'tra ribs, 124c.
D. 8. rib bellies, medium average, 13*4
D. S. bellies, light average 134c.
FEEDSTUFFS.’
SHORTS—White, 100-lh. «acks $1.7*
Hailiday, white. 100-lb. sacks $1.7f .
dandy middling 100-lb. sacks $1.76, fan
cy, 75-lb. sacks $1.76. 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, :,«*cks $1 30,
Homeollne $1.60, Germ meal-Homeo
$1.60.
CHICKEN FEED—Bee scrap, 100-lb.
sacks $3.25. 50-lb. sacks $1.65, Purina
pigeon feed $2.15, Puri/.a baby chick
feed $2, Purina scratch. 100-lb. sacks
$1.85, 50-lb. sacks $1.95, Larina scratch
bales $2.05, Purina chowder, 100-lb. sacks
$2. Purina chowder, dozen pound pack
ages $2.20, Victory baby chick $2, Vic*
.1 16,775 1 29,553
INTERIOR MOVEMENT.
Houston. . ,
Augusta. .
Memphis. .
St. Louis. .
Cincinnati. ,
Little Rock
1913.
1912.
1.671
281
1,837
3,128
149
2,146
667
209
1,547
2,539
151
Professional Element Inclined To
Be Bearish, and Liquidation
Is in Evidence.
WASHINGTON. April 25—There will
be unsettled weather with local rains
to-night or Saturday in the «>hio 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
and Saturday in the region of the Gre;
Lakes, the Ohio Valley. Tennessee at
the East Gulf States, and Saturday in
the Middle Atlantic Rnd New England
States. Frosts are forecast for to-night
tn the Upper Lake region.
Forecast until 8 p. in. Saturday:
Georgia—Fair in erst, probably local
rams in west portion tonight or Satur
day: not quite so warn Saturday.
NEW YORK COFFEE MARKET.
CofFee quotations:
Opening.
Closing
January
. . 11.21 fa 11.24
11.37 fa
11
39
February .
. 11.22 fa 11.25
11.38 fa
ii
10
March
. . 11.25
11.40 fa
n
41
A prill
10.90fa
10
' 4
May
. 10.75
10 9 3 fa
10
4
lune. .
10.90fall.00
11.03 fa
11
05
July.
. 11.03
11 1 4 fa
11
15
\u§rusi.
ll.lOfa 11.20
11.24 fa
11
:6
September
. 11.22
11.34 fa
11
35
October.
11.21
11.34 fa
11
November.
. 11 21
11.34fa
11
25
December. .
. . U .21
11.36 fa
11
37
Closed stea«
ly. Sates, 110,(
cH) bags.
By CHARLES W. STORM.
NEW YORK, April 25.—Bearish re
us of the dividend position of Illinois
1.it .1 made that stock one of the
weakest on the list at the opening of
In- market to-day. Illinois Central
pened 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 2414 for
gain of 1%.
The list had an irregular appearance
at the end of half an hour's trading.
Amalgamated Copper, which sold ex-
iividend of 14. opened at 754 agamst
76 4 at the closing last night. T^ehigh
Valley opened 4 up. but lost its ad
vance United States Steed common be
gan at 614 for a fractional gain, but
lost the advance and sustained u net
decline of 4
St Paul opened unchanged at 1.084.
but soon dropped 4 New Haven again
was under pressure on account of the
Interstate Common e Commission inves- I
ligation and declined V3. Union Pu-
'Hie sold at 152 4 fur a fractional loss,
but later advanced. Southern Pacific
gained 4- Pennsylvania declined 4
The curb market was easy. Ameri
cans in London were quiet.
The market after showing a waver
ing temiet %y, sustained some amount of
loss.
1 i ion Paoili. ^ j t■> ofi Vs at 115
Illinois Central was o.f 14 Canadian
1 ’arifle w»fs up l 3 *. The tone In the
late forenoon was weak.
(.'all money loaned ut 24.
All important stocks were under pres
sure in the last hour and sold off from
the opening and midday levels. Reading
sold around 161 *4. which was a point
under the opening and a fraction under
the noon level. Amalgamated Copper
lost Other issues which declined
were American ('an. Union Pacific,
Union Pacific. Missouri Pacific, Lehigh
A alley and Chesapeake and Ohio. There
was very little doing ami toward the
end the trading was almost at a stand
still.
The market closed firm.
Government bonds unchanged. Other
bonds firm ,
BAR SILVER
NEW YORK. April 25 Commercial
bar silver 004. Mexican dollars 48c.
LONDON. April 25. Bar silver steady
at 27 :i *d.
MONEY AND EXCHANGE.
NEW YORK. April 25.— Money on call
24: time loans easier; sixty days Lli-
4»«,. ninety days 4‘,. : ix months 4fa4 4.
l*v cent.
Posted ra:*’s; Sterling exchange (
*7. with actual busimsi- in banker*’’
bills at 4.8665^1 4.8670 for demand and
; K.u5fc4 8350 for sixty-day hi’ls.
Prime mercantile paper unch nged.
AYWARD 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 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 trailing to tt.98 for
July and 11.24 for October, principally
on selling on better weather than ex-
peeted, but the decline was contested
and prices soon rallied. New York re
ported a better feeling, less liquidation
ami more buying by strong bouses.
Total.
.061
7.259
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.
COTTON SEED OIL.
Cotton seed oil quotations:
Opening.
Spot . . .
April . . .
May . . .
June . . .
July . . .
August . .
September
October . .
November .
Crude
Closing.
| 7.00fa 7750'
7.00@7.30 | 7.0007.01
6.99fa)7.01
7.01(5 7.03
7.03fa 7.04
7.08 fa* 7.09
7.07 <fl 7.0!*
6.87 1 6.67(it 6.77
6.67 i 6.51fa6.55
6.00
RANGE NEW ORLEANS FU*TUFIES.
I j?
s. “
O 3
I fa
j *d X
My
12.20
12.22
12
10
12
12
12.11-
12
12.20
21
Jne
..
12.05
07
12.14
16
Jly
12.05
1.2.06
i i
11
93
11.92
93
11.05
1*6
Ag
11.68
11.68
11
5ST
n
59
11.54
57
11 71
7/
Spt
11.29
in’
11.an
40
Or
li.27
11.30
ii
19
ii
20
11.19
20
11.29
30
N'v
11.19
21
11.29
31
Do
11.27
11.30
11
19
n
19
11.19
20
11.29
30
Jn
11.29
11.81
11
27
u
27
11.21
22
11.31
ii?
Kb
11.19
21
11.29
■6
Cl
•sed
stead
y.
WHEAT
i i9i3. r
1912.
Receipts . .
... .1 120.000 !
284,000
Shipments .
.... 1.158.000
373,000
CORN— 1 1
Receipts . .
... .1 310,000
444,000
Shipments
... .| 577,000
659,000
METALS.
NEW YORK. April 25.—The metal
market was firmer to-day. Copper,
April to July, 144@ 11>% ; lead, 4.45 (bid);
spelter, 5.40@5.50; tin, 49.60@50.00.
CHICAGO CAR LOTS.
Following are the receipts for Friday
and estimated for Saturday:
| Friday. I Saturday.
LIVERPOOL GRAIN MARKET.
LIVERPOOL. April 25.—Wheat opened
unchanged to 4d lower. At 1:30 p. m.
the market was unchanged to %d
higher; closed 4 to %d higher.
Corn opened unchanged. At 1:30 p. m
the market was unchanged to !fed lower;
closed unchanged to low r er.
SPINNERS' TAKINGS FOR
WEEK ARE 221,000 BALES
The visible supply of American cotton
during the past week show’s 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 tlie year before. Other kinds for
the week show an Increase of 46,000
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
cotton for the week decreased 74,496
bales, against a decrease of 130.975
bales last year and a decrease of 110,-
248 bub-s the year before.
World’s visible supply:
1912. 1912. ' 1911
American ...
Other kinds
Total
3.302,008 3,945,824 2,507,364
1.498.000 1.220.000 1,177,000
14,800,008 5.165.824 3.684,364
World's spinners’ takings:
1913. 1912. , 1911
For week...
S ee Sept. 1
221,000 314.000 179,000
10.892.000 11.787.000 9.443.000
Movement
into sight for week:
1913. 1912. , 1911
O'land. w’k
S’co Sept. 1
In s’ht, w’k
S’oe Sept 1.
So. c’s’mp..
16,813 23,437 10.051
888,9691 1,110.449 854,671
109.761 162.320 69,878
12,842,474 14.929.662.11.171.576
17.000 46.000; 40.000
Closed heavy; sales 16, 800 barrels.
ATLANTA MULE AND
HORSE MARKET
(Corrected by the National Stock Yards
Commission Company; C. G. Tur
ner, President.)
Mules.
14 to 14 l ,j hands, rough, good ages.
$115 to $180.
14 to 12H. finish with quality, $155 to
$180.
UY a to 15 hands, rough, $130 to $170.
15 to 15Vj hands, finish, $180 to $206.
16 hands, with quality and finish, $205
to $230.
16 hands, heavy chunk weighing form
1,250 to 1,400 pounds, $255 to $330.
Horiee.
Southern chunk horses, from $75 to
$110.
Southern chunk, finish, $110 to $135.
Good driving horses, quality and finish,
ra.iging in price from $160 to $210.
Heavy draught horses, rough, $160 to
*210.
Heavy draught horses, finish, $210 to
$300.
LIVE STOCK MARKET.
CHICAGO, April 25.—Hogs—Receipts
11,000. Market 5c to 10c higher. Mixed
and butchers $8.65@9.05, good heavy
?8.80fa 8.95, rough heavy $8.60fa8.7o
light <8.75@9.05, pigs $7.20fa8.60, bulk
$8.80fa 8.95.
Cattle Receipts 1,000. Market steady
Beeves $7.50fa9.20, cow s and heifers $3.50
fa 8.60, stockers and feeders $6.40fa8.10,
Texans $6.90@8.50, calves $7.00@9.00.
Sheep Receipts 8,000. Market steady.
Native and Western $5.50@7.10, lambs
$6.50fa9.00.
SPOT COTTON MARKET.
Atlanta, quiet; middling 11 13-16.
Athens, steady; middling 124.
Macon, steady; middling 12c. _
New Orleans, quiet: middling 12 0-I6
New York, quiet; middling 11.85.
Philadelphia, quiet; middling 12.10.
Boston, easy; middling 11.85.
Liverpool, steady; middling 6.77d.
Savannah, easy: middling 124-
Norfolk, steady; middling 12c.
■\ugusta, steady; middling 124-
Mobile, steady; middling 12c.
Galveston, steady; midling 124.
Charleston, quiet; middling 12c.
Wilmington, nominal. .
Little Rock, steady; middling 11 •*.
Baltimore, nominal; middling 12V
Memphis, steady; middling 124-
St. Louis, dull; middling 12 4
Houston, steady; middling 124.
Louisville, firm; middling 124.
Greenville, quiet; middling 114.
Charlotte, steady; middling He.
Weeklv exports:
For week
Since Sept. 1
ISIS 1912
53.166 131.574
,743,300 9,641,044
NEW YORK PRODUCE MARKET.
NEW YORK, April 25.—Petroleum
firm; crude Pennsylvania 2.50.
Tun>entiue easier: 424 hid.
Rosin quiet; common 4.75 bid.
Wool nominal; domestic fleece Li5fa2S,
pulled scoured basis 36fa55, Texas
scoured basis 48fa‘55.
Hides quiet; native steers 164@194,
branded 6teers 154@ 154-
Coffee steady; options opened 3 to 9
lower; Rio No. 7 on spot 114 asked.
Rice steady; domestic ordinary to
prime 44fa 54
Molasses steady; New Orleans open j
kettle 35fa60.
Sugar, raw' steady: centrifugal 3.36fa j
3.39. muscovado 3.86@2.S9. molasst * |
sugar 2.60fa2.6o
Sugar, refined quiet; fine granulated I
4.20fa4.35, cut loaf 5.05fa5.15, crushed 4.95
fa 5.0f>, mold A 4.60fa 4.70, cubes 4.45fa
4 60. powdered 4.30fa4.45, diamond A 4.35
asked, confectioner's A 4.20. Softs—No. j
1 4.00(5 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 l.TOfa
2.00. Bermudas S.OOfao.oO.
Beans quiet: marrow choice 3.70@
5 75. pea choice 8.80fa3.85, red kidney
choice 4.20@4.30.
Dried fruits steady; apricots choice
to fancy !C4fal2V,. apples evaporated
prime to fancy 54 fa 84. prunes 80s to
ii0s 54 bid. 60s to lOOs 3 Vs fa 4 4. peaches
choice to fancy 6fa74. seeded raisins
choice to fancy 5@64
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 thi
morning is likely to cause more or le?
replacement and higher market.
0-Lb. Pail
Snowhite
or Flake
White Lard
Coal Exports Grow
To Huge Figures
United States Greatest Producer but
Third in Rank as Exporter.
Canada Best Customer.
Coal exports front the United
States in the current fiscal year wi
approximate $90,000,00!; in v *)b*,
against $60,000,000 In 1909. These
ures include the coal and coke ex.
ported to foreign countries and th.
coal supplied to vessels engaged In
the foreign trade. Figures for the
nine months ended with March, com
piled by the Bureau of Foreign anr
Domestic Commerce, show anthracite
coal exported to foreign countries
0,383,126 tons, valued at $18,031 093
bituminous coal, 11,013,909 tons ’val
ued at $27,908,998; coke, 649,94l' tons
valued at $2,384,439, and the < 0 a,
supplied to vessels In the foreign
trade, 6,377.041 tons, valued nt $n.
362,100, making a total for the niii.
months of 20.000,000 tons valued a.
$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 1/
of the world's coal producers. Th.
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 l'ni te rt
Kingdom 24 per cent, Germany 20 per
cent, Austria-Hungary 4 per cent and
France 3 per cent.
If you have anything to sell adver.
tise in The Sunday American. Lar
gest circulation of any Sunday new,-
paper in the South.
tory scratch, 50-lb. sacks $1.90, 100-lb
sacks $1.80, wheat, 2-bushel bags per
bushel $1.40, oj-ster shell 80c, special
scratch, 100-lb sacks $1.80. Kggn $1.85,
charcoal, 50-lb. sacks, per 100 pounds -
GROUND FEUD—Putina feed, 175-ib
sacks $1.65, 100-lb. sacks $1.85, Purina
molasses feed $1.55, Arab horse feed
$1.65. Alineeda feed $1.85. Sucrene dairy
feed $1.50, Monogram. lO0-lb. sacks $1.60.
Victory horsefeed, 100-lb. sacks $160
A. B C. feed $1.50, Milk dairy feed $l'.6o!
alfalfa molasses meal $1.75, alfalfa tneal
$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 1b. sacks $1.75.
We have six second-hand wagons for sale cheap.
HENRY MEINERT COAL CO.
59 South Boulevard.
Some Folks
Guaranteed fresh 1 gin
Country EggsDoz.«"2^
CASH GROCERY CO,
118 and 120 Whitehall.
Still “put a sign in
they have Rooms
the window” when
to Rent or Want
Boarders, but the number of such
people is constantly diminishing. In
these modern times, when there are
Rooms to rent or Boarders wanted, in
hundreds of Atlanta Homes, the Want
Ad columns of THE ATLANTA
GEORGIAN are used. The “Fur
nished Rooms For Rent,” “Rooms For
Rent” and “Boarders Wanted” columns
of The Georgian offer the best way to
bring together those in search of the
above.