Newspaper Page Text
6 C
HEARST’S SUNDAY AM KK h'AN, ATLAATA. OA., Si \I>AY, APRIL 27, 1913.
I
Latest Reports From the World's Great Markets—Cotton, Grain, Stocks
Light Business Done
In the Cotton Ring
Week-end Trading Small and
Changes Unworthy Remark.
Dry Goods Are Dull.
WEEK'S RANGE.
New York.
#
High. Low.
Tu «Jay. S’tluy
Close
Sat. <
Ma>
. 11.71 11.29
T’day. F’/lay.
11.32-34
July
. 11.72 11.37
11.45-46
Oct
.M oilj . r ua> .
11.31 11.10
11.12-13
New Orleans.
M’day. S’day.
Mi u >
11.83 12.08
M'/lay. S'day.
12.10-11
July
12.16 11.87
M’day. S’day.
11.90-91
oct. . .
. 11.41 11.17
Liverpool.
T’day. S’/lay.
11.18-19
Mjr-Jne
6.53 6.41
T’day. S’day.
6.43%
July-Ag
. , 6.48 6.36
T’day. S’day.
6.38
8p.-Oc.
. 6.25 6.14
6.15%
By EDWARD RANLETT.
NEW YORK. April 26.—The cotton
market closed irregular to-day. A light
business was done. At the outset there
were indications of a much firmer mar
ket with gains of from 2 to 6 points
through the list, hut gradually offerings
increased. Wall Street houses sold free
ly on the bulge, resulting in the elimina
tion of the initial gains. Quite a little
of the buying was reported as short
covering over the week-end as there
was nothing in the crop news to in
spire bullish enthusiasm.
Correspondents reported to the .four-
ral of Commerce that there would be an
increase of from 5 to 10 per cent in
the area of Oklahoma and Texas. Soil
conditions were stated to be good. Cor-
diU's report covering Northeast Texas,
parts of Louisiana and Mississippi, was
bearish. Beneficial rains were noted and
satisfactory soil conditions. although
?he river situation was said to be crit
ical. The official forecast indicated
generally fair weather.
The cotton situation in America is one
which will require more than ordinary
judgment to forecast:
With the giant crop of 1911-12, low
prices were secured, but, much to the
amaiement of the cotton world, the
end of that crop was marketed at be
tween 12 and 13 cents per pound. And
no* at nearly the end of a 1 t.000,000-
tmle crop, \\ * have u decline to the I!
cents level for which no reason cun be
at present stated, except that the con-
sum. rs of cotton have been surfeited
with supplies during the pnst twenty
months.
In the cotton goods division of the dry
goods molt tis ,i degree of indif
ference on the part of buyers or per
haps hesitano growing out of the tariff
question, to say nothing of the fact
That the’not unusual let-up In business
at this season of the year is somewhat
more in evidence.
RANGE IN NEW YORK FUTURES.
ceeded in depressing prices ns low us
11.87 for July contract.
At that level, the lowest of the sea
son, the market showed resistance and
a report, which has been confirmed by
The American’s correspondent that rep
resentatives of Liverpool bouses in this
market had been ordered to New York
to take, up the stock there on May
contracts, caused some reaction. Shorts
covered freely, but when i l»c mai l.%i
advanced to 11.93. professionals who hud
been playing the long sLIe on the break
took profits, checking tne upward ten
dency.
Notice day here, which was Friday,
passed off without a ripple. About
1.200 notices for delivery on May con
tracts were issued and were promptly
stopped, hut bears who were counting
on the heavy deliveries to he made in
New York on Mays, sold aggressively.
Now that it has developed that Liver
pool interests will demand practically
all the New York stock on contract,
shorts in both that market and this are
decidedly nervous over the situation. It
Is estimated here that the short inter
est ill July In New York is 1.000,000
bales.
If the Liverpool interests ship out the
New York stock, as it is reported they
will do, the position of July shorts in
that market would be precarious in
deed, as that market, be Ini? 100 points
under spot values in the South, can not
attract cotton.
Quotations in cotton futures:
1 i!
I >
s\
#
o
1 *1
I »l
O
1 ***
j ^
i|
? J
Ap
11
38
11.40
My
11.33
li.;
36 11.
.29
11.
33 1 1
.32-
34 1 1.33-34
Jn
11.48
11.
4811.
.48
11.
18 1 1
.47-
49)11.41-43
Jy
11.41
11.
46 11.
27
[11.
45 1 1
.45-
46) 1 1.39-40
Ag
11.3?
11.;
32 11.
23
11.
28 1 »
.28-
29 11.25-26
Hj.
11.19
ill
19 11
in
11
18 11
.15-
17 11.13-15
« h
11.1.6
11
1.811
.98
11.
12jll
.12-
13 11.12-13
Pc
11.16
n.
IS 11
09
ill.
14 11
.1 1-
1611.14-16
Ja
11.12
ill.
12 11
.05
1 1
,15 11
.11-
12 11.05-10
Mr
11.18
ill.
18 11
.18
11.
.18 11
.16-
38 11.14-16
Ol
osed
Sir
udy.
LIVERPCOt COTTON MARKET.
LIVERPOOL, April 26. This market
\.. -5 doe. to open 3% points lower on July
ami 2’ t>- 2% points lower on other po
sitions, but. opened quiet and steady, at
a net decline of 1 1 to 2% points front
it e el esc of Friday. The market closed
steady, with prices % to 1 points lawer
t '■•( i Friday's final.
Spot cotton quiet at 1 points decline;
middling 0.73d; sales 8,00*1 bales, includ-
'ug 7,OOP American bales, of which 4,000
wen 11fade last yesterday; imports 12.000
bales: speculation and export 500 bales.
Part receipts are to-day estimated ut
12,000 bales, compared with 9.513 bales
last week, against 12,041 bales for the
corresponding week last year and 15,101
bales for the same week the year be-
iturc
opened quiet and steady.
< tpening
I ‘rev
Rang;
Close
Close
April
6.47
-6. 18
6 48LY
»;.4!~
April-Mm >
6.45
6.43
0.44
6.4 1
May-.lune
6.42
-6.41
6.43 Va
6.44
.Inne-Tifly
6.40
-6.43
6.41%
6.12%
July-Auk.
6.36 1
L .-6.56
6.38
6.34 "
-\ug.-Sepl.
6.26 1
. -6.26
6.28
6.29
Sept.-< >n.
6.1 I
"-6.14%
6.13%,
6.09 1 •'»
Oct.-Nos.
6.07
-0.06 U.
/». 08' ^
6.09%
Nov.-De/
6.05
-6.04
0.05%
6.06 1 2
Dec.-Jan. .
.6.04
.0.03
6.04%.
6.05%
Jan.-Feb.
6.05 y
3 -6.01 1 A
’6.03
16.04 %
Feb -.Via
6.04
-6.03*;»
6.04%
6.05%
Closed steady.
NEW ORLEANS COTTON.
NEW (dll,LANS. LA.. April 26.—
Ignoring the possible injurious effects
«>i th« recent cold wave in Texas, a
killing frost having been reported nine
miles north of Sun Antonio. Itearish
interests hnv< continued their attack
upon the cotton market and to-day suc-
Open.
High
Low
1-ast
Sale.
rrt
o
u
|
► c
12
U’J
My
12.17
12.19 12.08
12
30
12
10
11
12
11-
12
Jun
12
04
06
12
05-
07
Jul.
11.97 11.97 11.87
11
90
11
90
91
11
92-
93
A’r
11.55
11.58,11.52
11
57
1 1
55
11
54-
;»7
Spt
11
28
29
11
29-
31
Oct
11.24
11.24 ii.ii
11
1*9
11
18
19
11
19-
20
Nv.
11
18
19
11
19-
21
Dec
11.23
11 .”3 11 If.
11
18
11
18
19
li
1!*-
20
Jan
11.23jll.23Tl.23
11
23
11
20
-21
11
21-
22
Fb
12
19-
2 1
11
19-
21
Ap
11
98
-12
('lotted steady.
SPOT COTTON MARKET.
Atlanta, quiet; middling ll 3 j.
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 6.73d.
Savannah, easy; middling 12%.
Norfolk, steady; middling 12c.
Augusta, steady; middling 12%.
Mobile, steady; middling 12c.
Galveston, steady; midling 12%■
Charleston, quiet; middling 12o.
Wilmington, nominal.
Little Rock, steady; middling 11%.
Baltimore, nominal; middling 12V
Memphis, steady; middling 12’,.
St. Louis, dull; middling 12V
Houston, steady; middling 12',.
Louisville, firm; middling 12 V
Greenville, quiet; middling 11%.
Charlotte, steady; middling 12c.
Estimated receipts for Monday;
1«) i::. ' 1912.
New Orleans 700 to 1.700 2,656
Galveston 2,500 to ;;,500 2.877
THE WEATHER.
Conditions.
Washington. April 2e. The weath-
er will be unsettled, with local rains to
night or Sunday in the Atlantic States,
the extreme upper Ohio Valley and the
lower Lake region, while in tin- upper
Lake region ami the Mississippi valley
the weather will ha fair to-night and
Sunday.
Cooler weather will overspread the
Eastern States to-night and Sunday.
There will he frosts to-night in the up
per Lake region.
General Forecast.
Forecast until 8 p. in. Sunday:
Georgia Showers to-night or Sunday;
•oler to-night and in southeast por
tion Sunday.
NEW YORK COFFEE MARKET.
Coffee quotations:
1 Longs in May Wheat
Shorten Their Lines
Few Big Speculators Care to Take
in the Actual May 1—Ar
mours Sell Corn.
tly JOSEPH F. PRITCHARD.
CHICAGO, April 26.—There was a
great “stir " in the camp of the May
wl.< at longs to-day and their brokers
wen ordered to continue their usual
selling movement, with the price a sec
ondary consideration. There art? few
big speculators who care to take In the
wheat and pay for it, with the risk of
merchandising it later. Only those who
have grain elevators at their back take
in the grain.
According to reports of leading cash
house?; in i lie trade, there arc large
quantities of Duluth wheat still to come
to this market, and unless there is an
improved demand for the grain, there
v ill be additional liquidation during the
month of May as well as some short
selling of that future.
The wheat situation abroad has been
the leading hull help for several weeks.
There were signs to-day. however, of
further price recessions at Liverpool.
The Antwerp market was lower, but
tre i<- was a sensational price, gain at
Baris, where there were advances of
;;-V, fo4%c for the day.
The feature of the corn market was
the heavy selling of July by the Ar
mour Grain Company, possibly for a
lafre interest in the East, hut prob
ably in the way of hedging the actual
corn. The cash situation not only at
Chicago, but. elsewhere was lower.
As in corn, the Armour Grain Com
pany was a heavy seller of July oats,
while the buying was scattered. The
Northwest is selling oats for export and
a cargo of 170,000 bushels was shipped
from Duluth to the East last week.
Miscellaneous holders were sellers of
hog product# and prices declined In the
absence of buying power. The weak
ness In grain, as well as at the yards,
were the influences. About the only
buying noticeable was on investment
account.
CHICAGO GRAIN MARKET.
Saturday's New York
Stock Market
The following tablo shows the
highest, lowest, and closing
prices of stocks sold on the New
York Stock Exchange Saturday,
together with the net change
from Friday's close:
Cl os. Net
w. Bid. Ch’n*
% 73 • V
24*a - 1 o
STOCK—
H iflh.
Anial. Copper..
733 4
Am. Ice Sec.. .
25''4
Am. Sup. Ref..
Am. Smelting..
67'/,,
Am. Locomo.
34'
Am. Car Fdy. .
49
Am. Cot. Oil. .
45' 4
Am. Woolen . . .
Anaconda
37' j
Atchison
101
A. C. L
121
American Can.
33 5 i
do, pref. ..
93
High.
Low.
Previous
Close. Close
kT—
92%
91^
92
»2%
92%
91%
91%
!'2M
91%
91
91
91%
55%
54 \
54%
o5',
55%
05%
55%
6f%
56%
56
56%
56 %
•A%
34%
34%
34%
34%
23%
34%
34%
34 %
34
34%
19.67%
19.60
19.62%
19.77%
19.75
19.62%
19.67%
19.80
19.47%
18.12%
19.42%
19.57%
10.95
10.90
1.0.90
1 1.02%
10.87 %
10.80
10.8 2 % '
U\95
10.87%
10.82%
10.82’%
10.95
11.25
11.25
11.30
11.40
11.02%
10.95
10.95
11.07%
10.85
10.77%
10.77%
JO.87%
May
July
Sept
* ’OHN
May
July
Sopt
(>ATS
May
July
Sept
CORK
May....
>uly....
•Sept....
LARD
May....
July....
Sent....
Ribs—
May....
July....
Sept....
CHICAGO CASH QUOTATIONS.
CHICAGO, April 2.6. Wheat, No. 2
r<d. l.0;%<b 1.09%; No. 3 red. 1.01 Ca 1.04:
No. 2 hard winter, 91*1/93; No. 3 hard
I winter, 9<)fd9i; No. I northern spring,
92 % fa-94 % : No. 2 northern spring, 91^
93; No. 3 spring, 90G/91.
Corn, No. 2, 55%; No. 2 white, 57%(f*
58; N.». 2 yellow, 56% @56%; No. 3, 54V
6/55 V?; No. 3 w hite, 36(0 56%; No. 3 yel
low. 54% @55% . No. •!, 53 W" 51 >4 : No. 4
white. 55(0 56; No. 4 yellow, 53@54%.
Oats, No. 2 white, 86% 36%; No. 3
white. 34%(&35; No 4 white, 33@33%;
Standard, 35% (0 36.
CHICAGO CAR LOTS.
Following are receipts for Saturday
and estimated receipts for Monday:
Am. Beet Sug.. 30'/g
Am. T. T
Am. Aqricul. .
Beth. Steel..
□ . R. T
B. and O
Can. Pacific...
Corn Products
%
!/b
241% 242% *11 4
C. and 0 65*/2
Consol; Gas. . 130
Cen. Leather. 24* /2
Colo. F. and I. 33
Colo. Southern
D. and H
Den. and R. G.
Distil. Secur.. .
Erie
do, pref.
% 10'/ 4 - %
% 64'A -1
129
24' 2 233/4 23% * Vo
33 33 32'/4 • Va
29 -1
157'/ 4 1571/4 137
Stocks Sell Lower,
Banks Close Loans
Illinois Central Not to Reduce Divi
dend. Says Director—Bonds
at New Low Levels.
NEW YORK. April 26. A decline of
from 1 to 7 points was recorded at the
close of to-day's stock market. Closing
out of margin accounts was the princi
pal cause of the slump. Winding up of
expiring partnerships was also believed
o have played a prominent part in low
ering prices. Another potent factor was
the closing out of loans by banks, either
for the purpose of protecting their own
reserves or liecauie the shrinkage in the
collateral value of the securities thov
d necessitated it.
The apparent pressure of long stock
and a disposition among many short
sellers to even up over the week-end
•ausfKj a half-hearted rally.
The traction stocks were weak, Chi-
•ago and Northwestern, St. iv.ul, Great
Northern and Northern Pacific were
reely offered at lower prices. Reading
(timed weak, losing IV- points. Sears-
tocbuck dropped over 4 points. Steel
was firm.
The bond market this week followed
stock market closely. Of 250 Indi
vidual bond issues sold on the stock ex-
mange list this week 85, more than a
ird of the number, fixed new low price
•ecords for 1913.
The* dullness of stock speculation may
be measured by the fact that there are
about 200 less stock tickers In use in the
financial district than a year ago.
An Illinois Central director was quoted
11 Chicago to-day as saying the road
would not likely reduce its dividend 011
the eve of the opening of the Panama
Canal and certainly not on account of
the flood loss.
COTTON DEED OIL.
NEW YORK. April 26.—The cotton
s(c i oil market was active, with prices
lower under liquidation for Western as
well as lo^al accounts, induced by the
weakness in lard.
Cotton seed oil quotations:
BANK CLEARINGS.
NEW YORK, April 26.—Bank clear
ings to-day $301,035,523, against $325.-
958,302 a year ago, a decrease of $24,922,-
Ifii.
Opening.
Closing
Spot
6.95'//7.25
April
. 6.98
7.00
May
. 6.9266.94
6.94^(6.95
June
6.94'/; 6.98
6.95(^ 6.98
July
. 6.95(^6.96
6.96fa 6.97
August ...
6.9 9 (fi 7.00
7.02(?; 7.03
Septem ber
. 6.99(^7.00
7,02Si7.03
October
. 6,68(1x6.71
6.70(i, 6.72
November
6.46<£j 6.50
6.47^6.53
Closed steady;
sales, 22.900
barrels.
BAR
SILVER.
NEW YORK. April 26— Bar silver in
London to-day was unchanged at
27 H-16d per ounce. To-day’s New
York price was unchanged at 60%, and
Mexican dollars were 48<q 52c.
MAW A I CTO RPC
NEW YORK. April 26. —Rosin common
to good strained 4.75. Turpentine ma
chine barrels 42. At Savannah, turpen
tine 37%. Tar oil. barrels 5.50<7/5.75.
NEW ORLEANS EXCHANGE
PLANS $500,000 HOME
NtOW ORLEANS, LA., April 26 — Den
onstratlng its faith In this city and j,
the future of the cotton business is hero
the New Orleans Cotton Exchange at a
general meeting of the membership
unanimously voted to-day in favor
the erection of a now Cotton Exclaim, 1
building Although the predem build
ing i* the handsomest architectural!
of Its kind in the. South, the need of a
more modern structure is felt
The new building will cost more th
a half million dollars, and will be ?
magnificent structure in every respect
NEW ORLEANS RICE.
NEW ORLEANS. LA.. April 26-The
local rice market continues to rule quiet
but steady. Quotations of the lead ini*
grades are as follows;
Honduras. Janac
Standard 2% @5% ZKcav
Straights 3%(^4 a%©3%
Screenings 2%#3% 2%§3
Gen. Electric..
138'/ a
Goldfield Cons..
G. Western. . .
141 a
G. North, pfd..
126'. 2
G. North. Ore
333/4
Int. Harvester.
II. Central....
14%
33 3 4
138 1 V\
2
14% ....
125'% -334
January. . . .
Fwbruurj ....
March. . * . .
April
May
June
July . . ■
August
September. . .
October. . . .
November. .
December. . .
Closed steady.
. opening
i f lCfo I f
11.4iDi 11,
11.456U1.
10.90
11.00
11.Pcq 11.
11.22
11.39
11. IK® 11
11.42
11.44
Sail . 21,250 bags
Closing.
44 11. HI foil 7-
36 n.47<frl 1.-
;s 11. *8 <111.;
I 1.054/1 1.:
11..076 11.
20 11.13 (ft 11.
11.2 ::4i 11.:
. 11.3:0111.:
ll.43rd 11.
45 1 l.43?d 11.-
11.43 Vi. 11.
11.4401 II.-
i Saturday.)
Monday
Wheat . .
54!
33
( <»rn . . .
91
Oats . .
1ST
16’.
Hnyy ...
1 9000'
43000
Interboro
do, pref. ...
Iowa Central..
<. C. Southern
K. and T.
do. pref. .
L. Valley. . .
L. and N.
Mo. Pacific. . .
N. Y. Central .
Northwest.
Nat. Lead
N. and W. . .
No. Pacific
Penn 114'4
Pacific Mall
P. Gas Co. . . 109
P. Steel Car
Reading.
Rock Island. . 21' 4
do. pfd. 30*4
R. I. and Steel 24
1{ W
B4TO
59 -1
155% 155'/ 4 *2/4
•P/a
133'/ a 131%
36'/2 36' *
101»/ 2 100% 101'/ 4 - %
129'/4 12774 127% *1'/4
49
49
132
3654
49
104 7 a 104% 1041/2
115
114'/„ 114
114' a 114
24
109 109
24
161% 159% 160
21
35
24
833/4
98%
24%
*1%
%
21'/4
35'/2
233,4
83%
9814 * '/♦
24% - 1 4
106% - %
34 3 -4 * %
ST. LOUIS GRAIN.
ST. LoCIS. April 26. -Grain markets
casin'. Cash No. : red wheal 1.09(a
ICC., No. 2 corn 58 @58%, Ny. 2 cats
• %
OUTSIDE SECURITIES.
NEW YORK, April 26. Further liqui
dation was shown in the market for out
side securities to-day, with the indus
trials tlu* worst sufferers, (’lose: Hay
State Gas 3-16(d %, Hr. American Tobac
co 21 % (q 23%. Standard oil 10.50'//11.00,
Hr. Col. 2 l N(d2 7 H. Con. Ariz 3-10:</ 5-i6,
Davis Daly D 2 5-L6. Giroux 1 ■, •/<
1 12-16. Mexican 6%'a6%. Kerr Lake
3 3-16^3%, Li Rose 2% f/i‘2%, Vle.Dar
1 15-16 fa 2. Nipisslng 8%'</!*. Ohio Popper
% to 1. Tor.opah extra LVgtf/-2%. Pnited
Copper %'//%, Pnited Popper preferred
8 1 *> Oi 7, Yukon 2%(b 2%.
MONEY AND EXCHANGE.
NEW YORK. April 26. Money on call
nominal; no loans; time loans easy; six
ty and ninety days 4 per cent, six
months 4%. Prime mercantile paper 5%
'//6 per cent. Sterling exchange steady
with actual business in bankers’ bills
at 4.8350 for sixty-day bills and 4.8675 for
demand. Commercial bills 4.83'j.
LIVE STOCK.
PI LIP AGO, April 26. Hogs Receipts
o.ooo. Market 10c lower. Plioice light.
S.!'( </!•.»■•», ligiit mixed 8.85CO 8.95, prime
light butchers x.75(fr8.90, prime medium
butchers S.70f/;X.85, prime heavy butch
ers 8.7 0/ 8.xo, heavy packing 8.50'// 8.65,
mixed pai king s.55^/8.70.
Puttie Receipts U’c. Market steady.
Good to choice steers 8.60v'(/ 9.10, fair t<»
lmi <i Hlc' i s 7.251/8.60, fair to choice
veuh rs S.50'/; 9.25, heavy calves 7.25'/;
h.00. feeding steers 7.25%/8.10, Stockers
6.50(q I.75.
Sheei> Receipts 700. Market steady.
Fed yearlings 7«/8.i5, native lambs 8.60
f/;N.7.'>. fed lambs X.60(/; 8.90, clipped lambs
7.25'p 7.95, native yearlings 7 a 8. feed
ing lambs 7.59(a 8.00, goo»i to choice
wethers 6.5 Ox-7.60, good to choice ewes
6.254?'7.00.
ST. L<»PIS, April 26. Cattle Receipts
200, including 100 Texans. Market
steady. Native beef steers 5.75'/; 9.00,
cows and heifers !.50@8.75, Stockers and
feeders 5.:'5<£».R.00, Texas and Indian
steers 0 250/ 8.50, cows and heifers 4.00®
7.00, calves in car load lots 5$; 6.50.
Hogs Receipts 3,500. Market steady.
Pigs and lights 7C//S.90, tnixe<l and butch
ers 8.75 »i 8.90, good heavy 8.65'/; 8.75.
do. pfd. . . 83
So. Pacific . . 99
So. Railway. . 25
St. Paul. . . ■ IO714 106
Tcnn. Copper
Third Avenue 34', 8
Union Pacific. 1BV/2 149% 149'/2
U. S. Rubber 61
Utah Copper . 52% 51 4
U. S. Steel . 60% 60 ! a
do. pfd.. 108'/a 10S
V. -C. Chem. . 31' 2 31' /2
W. Union. . . 65% 65%
W. Electric . . 62' 2 62%
W. Maryland
Total sales, 313,000 shares.
NEW YORK BANK STATEMENT.
NEW YORK, April 2G.—The weekly
statement of the New York Associated
Banks shows the following changes:
Average statement:
Excess cash reserve $16,435,000; de
crease $2,106,300.
Loans, increase $26,092,000.
Specie, increase $3,401,000.
Legal tenders, increase $2:1,000.
Net deposits, increase $25,690,000.
Circulation, increase $93,000.
Actual statement:
Loans, Increase $39,174,000.
Specie, increase $1,173,000.
Legal tenders, $2,845,000.
Net deposits, increase $39,701,000.
Reserve, decrease $3,994,150.
MINING STOCKS.
BOSTON. April 26.—Opening: Giroux,
11 11-16; Boston Elevated. 95%: Greene-
Pananca, 6%; Kerr Lake, 3%; Wolver
ine, 61.
Free Theater Tickets
FOR READERS OF
and The Atlanta Georgian
Commencing Thursday, May 1 st, and concluding Sunday, May 4th,
a Free Theater Ticket Coupon will appear daily in The Georgian and in
Hearst’s Sunday American. These will be numbered consecutively,- and
the set of four will be redeemable at our office, 20 E. Alabama St., for a
ticket admitting the holder to one of the performances of the Miss Billy
Long Stock Company, now playing at the Atlanta Theater.
No Restrictions-No Guessing Contest-
No Effort ol Any Sort Required
A Theater Ticket Free for Every Set ol Four Coupons Presented
Firs! Coupon Appears Thursday, May 1st
Final Coupon Appears Sunday, May 4th
WATCH FOR THEM-SAVE 4 COUPONS-and see a really
capable company in a high-class play at our expense.
HEARST’S
SUNDAY AMERICAN
AND
THE ATLANTA GEORGIAN
A Gripping Story of Adventure, Intrigue and Love Begins In The Georgian Next Wednesday
N THE LAW
By MARVIN DANA. Being a Novelization of the Famous Play of the Same Name by Bayard Veiller.
This is unquestionably one of tbe strongest stories ever written, it challenges inter
est from the very beginning. Once you start it. your interest in it will not cease until you have read to the end.
In “Within the Law” the Limit is Reached.
Here’s what one enthusiastic critic says of the story : " Sherlock Holmes,' ' Raffles' and Ukboriau are but steps
in the progress of this lype of story. In ‘Within the Law' the limit is reached."
Just a Glimpse Into the Theme of trse Story.
A brief synopsis will give you an idea of the thread of heart interest which runs through this powerful story.
Alary Turner, an, innocent shop girl, is convicted of stealing. She is "sent away for three years as an example
to the other girls. She lays the responsibility for the stealing at the door of the proprietor of the store who pays star-
vation wages.
The law can be molded to suit the wishes of the rich and once out of jail she lays her plans accordingly. Sur
rounded by a baud of clever crooks she soon becomes very rich because she is acting Within the Law.
In a spiril of revenge she marries the son of the man who wrecked her life. Young Gilder is madly in love with
her and she soon finds herself in love with him. The police and boy's father use every means to disillusion the young
man and in the end o'nlv “Joe” Garson's confession of murder saves her.
A More Powerful Plot Was Never Conceived.
The Action is Raoid and Sustained
Remember: This Great Story Begins on the Magazine Page of the
Georgian Next WEDNESDAY ::
Opening Installment ••
mtmmatmamm
■jtMMnhfrnr.iFi/iiilis ■