Newspaper Page Text
THE ATLANTA f!EOROIAN ANT) NEWS, TTTT'KSDAY, MAY 1, 1913.
Acreage Estimate
Shows Small Gain
Seaton In Genernl t About One Week
Late, Says New York
Authority.
YORK, Mm
of cot i on
Journal
Financial Institutions in Southern
States Report Increases in
Cash Since Last Call.
WASHINGTON, May 1.—Abstract*
of report* showing: the condition on
April 4. last, of 7.440 national banks,
issued by the Comptroller of the Cur
rency to-day, place the resources of
the Institutions at $11,081,974,333.46.
The country banks In Eastern State s
report theee gains over the last
call in all Items: Loans, $19,219,778;
cash, $77,624. and deposits, $14,390,598.
Banks in New York City report theso
decreases since February 4 las :
Loans. $43,065,049; cash. $24,987,692,
deposits, $36,674,217.
In the Southern States banks re
ported gains in cash of $812,884, with
decreases in loans of $234,890 and de
posits of $8,567,492.
In the middle Western States are
reported gains in loans of $53,982,479
and of deposits $7,608,203; decrease
in cash. $14,457,165.
The Western States show gains in
loans of $4,561,383; cash, $2,494,900,
and deposits, $3,901,256.
Pacific State banks report gains in
loans of $14,030,187 and deposits of
$4,748,120; decrease in cash, $1,628,-
239.
According to the report, good gain*
are shown in bank resources over the
report of a year ago. The total re
serve held by the banka on April 4
was $1,475,797,674. which is $36,226.-
298 above the amount required to b?
held.
liberally
f GEORGIA
NEWS IN BRIEF
id.
Strength in Liverpool Reflected
in Markets on This Side.
Later Trading Dull.
rma
1,0
nt:
i hr*
ing will t*e m*e, s: ar
By Slates: Nor!)
1.3 per cent; two <l»
oiint, acreage unch
Georgia, decrease 1
late. Florida. d< *
eight days late. A
t>tr cent, eight day
increase 3.5 per cer
ittna. Increase 20 p
late. Texas, Incr* a
days late. \ik«n. u i
cent; normal. Ter
per cent; normal,
per cent, one day I
crease 9 per cent; •
Lessened fear of
Induced many farm
ton acreage heavll
Louisiana, but part of this Is due to
sugar land going Into cotton. Most
States badly need a g >od warm rain.
Short Covering and the Feeling
Abroad Credited With Causing
Upward Turn.
pi
; | cptir ten
crease 4.3 per
ee, decrease 3
>url, Increase 9
Oklahoma. In
mil weevil has
i» Increase cot-
mrticularly In
MACON.—The city has decided to
wprinkle the unpaved streets with oil
twice every week.
Negro Illiteracy Small.
DALTON.—According to the census
figures recently complied for the Dal
ton school population, the illiteracy
among the negroes shows only three-
tenths of 1 per cent.
Savannah Plans Auditorium.
SAVANNAH.—By a special tax levy
of two mills it is proposed that the
city of Savannah build an auditorium
in connection with the armory of the
Chatham Artillery at Bull Street and
Park Avenue.
Spider's Bites Imperil Man.
ROME.—Bitten by u large black
spider, Henry Brooks is in a danger
ous c ondition. Blood poisoning set In
and physicians are endeavoring to
save the man’s life. Brooks was bit
ten twice by the Insect.
300 Boys to Camp.
MACON.—Three hundred boys of
Macon will spend ten days in camp In
June, under the auspices of tin* Y. M.
C. A., at liolton, the Second Regi
ment's rifle range, on the Ocmulgec
River
Spalding S. S. Celebration.
fcJKNOlA.—The annual Sunday
school celebration of Spalding Coun
ty will be held at Mount Zion on
Saturday. Rev. Thomas M. Elliott,
of Griffin, has been chosen speaker.
Federal Clerk Named.
COLUMBUS.—H. C. Peterson, of
Opelika, Ala., probate clerk of Lee
County, has been named deputy clerk
of the new Eastern Division of the
Middle District of Alabama Federal
Court and Into qualified.
Rome Farmer Disappears.
ROME.—After trying in vain to
.place his wife In an insane asylum
and then failing to secure the pos
session of two children. C. E Proc
tor, a well known farmer, left hb
borne Monday and has mrt been hoard
of sin* <
$150,000 Hotel for Rome.
ROME.-It is now practically us-
sured that Rome will have a $150,000
hotel. Committees that have been
selling capital stock for the enter
prise report that they have practically
enough subscribed to assure the proj
ect.
Atlanta Woman Speaks.
DALTON.—The features of to
day's session of .Tie Woman’s Mis
sionary Conference of the Dalton Dis
trict, North Georgia Methodist Con
ference, were addresses by Mrs. J. N.
McEachern. of Atlanta, and Mrs. Bam
Jones, of Cartersville.
Interurban Road Probable.
ROME.—Indications are brighter
than ever for the. construction .of a
trolley line between Rome and Gads
den, Ala., by the way of Center, Ala
A ld.rge number of Rome business
men will go to Gadsden to-morrow to
discuss the project.
$100,000 Canning Factory.
MACON.—A $100,090 canning fac
tory will be erected at once on the
city reserve, with the expectation of
being ready to operate for the peach
season. The company comes here
from Detroit, Mich. E. M. Benson
is president.
Dillon Not Guilty.
THOM A SV1LLE.—The spring term
of Thomas Superior Court has ad
journed. The most interesting case
tried was that of J \V Dillon. Ji. f ,
charged with assault with intent to
murder James L. Patterson, th** jury
finding him not guilty.
Corn Show Naxt Fall.
COLUMBUS.—C. M. James, agent j
of the West Georgia District, which
is composed of 28 counties, announces !
that there will be a corn club contest J
in Columbus next fail, during the j
Georgia-Alabama Fair and the Co- I
lumhus Poultry Association's show.
NEW ORLEANS, LA., May 1.—Hay
ward A Clark; ‘‘The market is very
short. Any unfavorable crop news will
cause a sharp advance.''
• • *
Liverpool cables: "Bullish Journal of
Commerce reports and prospects of cold
weather In T* xas caused covering and
the advance."
• * •
New York wires: "Rlordan, Mitchell
and ffhearson wen* large buyers of July
on the opening, and the ring covered
overnight shorts, but the rally got
plenty of selling, and Liverpool si rad-
dlers, led by Jenlcn, sold July on the
bulge, against sales In Liverpool. There
is some talk of Frioe and Thompson
working for an upturn, hut they must
have unfavorable weather.”
Floor traders are expecting more fa
vorable news from abroad.
* * *
NEW ORLEANS. May L—The map
shows cloudy in West Texas, fair els*
where. It is wanner generally with no
rain. Indications are for general rains
coming In the next 48 hours In West
Texas. East Texas, Oklahoma, Arkan-
*hi and North Louisiana Jt will be
warmer and generally fair In the rest of
the belt.
The forecast Is: Eastern belt, folr;
Louisiana and Arkansas, fair; Okla
homa. increasing cloudiness; East
Texas, Increasing cloudiness; West
Texas, unsettled, showers In north and
Miss Gil os gives on approximate In
crease in acreage »>f 8.7 per cent, mak
ing the total acreage 3*>,703,600. com
pared with an acreage picked In 3012 of
G.424,000. Planting exceeds last year
on n like date, there being 40 per cent
of the lunds plan two coni pared with 25
per cent last yea" and 40 per cent in
OIL Fertilizer :-alcs show 5 per cent In
crease. Boarcfty of farm labor is re
ported.
By Htates Miss Giles gives: Virginia,
increase. 2 per cent; North Carolina, in
crease. 2 per cent; Houth Carolina, de
crease, 2 per cent! Georgia, Increase. 2
per cent; Florida, decrease, 3 per cent:
Alabama, Increase 2 per cent. Missis
sippi, Increase, 6 per cent; Louisiana. In
crease. 9 per cent; Texan, Increase, 5 per
cent; Arkansas, increase, 5 per cent;
TeimeBF**', Increase, 2 per cent; Okla
homa, increase, 6 per cent; all others,
increase, 6 per cent; average Increase,
3.7 per cent.
f • •
NEW ORLEANS. May 1 The Tlmes-
Demoorat say*: "Fair weather et home
and a war cloud abroad during the past
few days have mad*- the adverse factors
in the cotton market seem very acute.
Yesterday many operators reached the
conclusion that conditions could not
get any worse and that any change must
tie for the bettor, and moth*! of them
began to look for more hopeful signs.
They found them in the many com
plaints from both the Southwest and
the Southeast, in the shape of reports
to the effect that a great deal of rot-
ton will have to be replanted. From
this, the bnllishly Inclined talent drew
the deduction that at the end of April
a safe stand is guaranteed nowhere In
the belt, and while it would not be logi
cal to Infer therefrom that a large crop
Is unlikely, It is logical to infer that
the burden of the proof continues to
rest on th«‘ shoulders of the big crop
people. Then somebody dug up ihe fact
that October deliveries thin year are
now selling some 50 points under Oc
tober lust year at this lime, and some
body else remembered that October lust
year recorded sharp gains after this
date Under th*- olrcun: binees, new
crop deliveries under 11 cents began to
seem cheap, ami had It not been for the
great importance attached to the Euro
pean war threat growing out -if th*!
Scutari Incident, substantial price .»<!-
vanocs probably would have been
scored.”
Liverpool cables: "American mid
dling. fair. 7 14; good middling, 6.80;
middling, 6.60: low middling. 6.46; good
ordinary. 6.12; ordinary, 6.78."
COTTON MARKET OPINIONS.
Thompson. Towle A Go.: "Wo would
not urge further sales of cotton at this
time The passage of the tariff bill
may be of effect in checking sentiment
for a while, but once it l« settled, we
expect normal trade conditions to pre
vail.”
Norden A Go.: “l! Is possible that
some advance :na> be seen, hut we
think any such advance will be only
temporary.”
U»gan Bryan: “Wo would rather
await some reaction before making
Atwood. Violett A Go.: "A good rally
is in order, ami on any pronounced
strength we would advise the short
side.”
Miller & Go.: ”\Vc think this rally
only temperary.”
Sternberg* t, Sinn At Go.': "We would
be cautious about selling.”
COTTON STEED OIL.
<>pened steady.
May . . .
June . . .
July . . . ,
August . .
September .
October
December .
ming
! "01.94”
Closing.
6.*90Cf6.93
1.00
\04
6 41 ft* 6.46
6.30 , 6..35
7.00
7.01
7.02
H.tiS fi
6.4401 6.45
6.32 ft I 6.35
6.98 c
7*01 ft
UNDERWOOD'S CAMPAIGN
CHIEF GETS U. S. PLACE
WASHINGTON. April I. Th-
President to-day sent to the‘Serial >
the nomination of Edward W. (.’amp-
bell ol Alabama to be Chief Justice of
the Court of Claims.
Campbell for roanj years has been
Representative Underwood’s cam.
paign manager.
DELTA PHI DELTAS PLAN
EXTENSION IN THE SOUTH
LITTLE KOOK. ARK.. May 1—The
fourtli biennial national convention of
the Delta }*!ii Delta hnv fraternity
opened here to-day. Plans for a gen
eral extension of chapters in Southern
NEW YORK, May 1 -Cotton open**!
-day well above yesterday’s closing
1* *»a, probably because of the a*
vanct In Liverpool Local shorts also
-•ov red
• 'ienty of selling followed the rail},
and prices eased somewhat, though not
to the cloning levels of Wednesday.
News was bearish. The forecast Indi
■ fa ii a no VNanno w eath< r « v*
in tint of the belt, with rains where
neonod in the Southwest The Journal
of Commerce and Miss Giles both is
sued estimates showing a slight lt>
crease In acreage over last year, heav
ier use of fertllizers. and planting ahead
of last season. The only unfavorable
feature of their estimates was the Stitt*
incnt that a cold spring has left th*-
ground In had shape Some replanting
will *»e ne* >-sary, especially in the
'orn Self
Liverpool closed firm, both old arid
I new crop months % to. 10 points up: the
near months strongest; July August was
weakest, probably on straddle sales.
Liverpool and Southern houses bought
In the forenoon.
The talent refused to construe the
news a* other than bullish, despite th*-
nerec *ed acreage and early planting,
ind the market gained considerable
tlength lat in the session, closing at
i levels for several positions.
RANGE IN NEW YORK FUTURES.
a*u
Mh
.In
Jly
Ag
Sp
Oc
Dc
&
I1.48jft.58 11.48 11.57 11.57 11.36-38
' tilt 1138-40
64111.39-40
42 11.18-19
12110.05 97
05 10.87-88
110.90-92
04|10.88-90
...110.92-93
J I OOili.OO 11 .OO'11.00:11 59-6
; 1 L50 11.63 n.49 11.63 1 1.83-6
T1.25 11.41 ill.29 tl.4till.4l-4
f.G..! i 11. .to
ll. 04,11.06 10.98 11.04'1T 04-
' 1 OF 11.08 10.97 11.09Tli.06
111.05 11.05 10.95)11.02 11.03
LIVERPOOL COTTON MARKET.
LIVERPOOL, May 1. This market
was due to open l%d higher on May, 1
higher on July und unchanged to V%
lower *>n other positions ft opened
steady. 8 to 8%d higher. At 12:15
o'clock it was firm, and 5%(ff6%d higher.
ft pots were 2 points higher; middling
6.60; sales. 8,000 bales, Including 6,000
American. Imports wer*> L2.000, includ
ing 20,000 American.
Tlit- advance Is attributed to nervous
short covering.
Spots opened steady; futures firm.
Opening. Prev.
Range. Close. Close.
April . . . . 6.38 6.38
April-May . . .6 31 -6.31*4 r >.38 8.28%
Mav-June . . .6.32 -6.34 8.38% 6.28V2
June-July . . .fl.30%-6.33 6.34 6.27
Julv-Aug. . .6.27 -6.30% 6.24 6.24%
Aug.-Kept . . .6.17%-6.21 6.10 6.14%
SVpt.-Oct. . . .6 04 -6.08% 6.03% 6.02%
l»ct.-Nov. . . ,§.98%-6.01% 6.00% 5.95%
Nov.-Dee. . . .5.99 -5.99 5.99% 5.9o
Dec.-Jan. . . .6.95 -5.97% 5.99 5.92
Jan.-Feb. . . .B.94%-5.97% 6.00 5.91*%
Feb.-Mch 6.01 5.92%
Futures closed firm.
By C. W. STORM.
NEW YORK. May 1 -New York. New
! Haven and Ha.itford sold at 104 at the
opening of the stick market to-da>, a
J drop «»f 2 points from Wednesday's
closing. This was the lowest figure
touched by New Haven stock in ov.-r
: forty years.
Weakness In New Haven was Induced
| by the disHosureo brought about in the
investigation of the road’s affairs by
' the Interstate Gornmerce-j ornmission at
140} ton. The rest of the list had an ir-
I regular appearance.
i’idled States Steel common opened
% higher, but soon lost Its gait: and d<-~
'lined fractionally below Wednesday’s
final.
Among the advances were Amalga-
1 mated Clipper '4, Anaconda Copper ’ j.
Erie %, Lehigh Valley %, Missouri
i Pacific %. Pennsylvania % and Reading
l %. Within half an hour Reading. Mis
souri Pacific, Lehigh Valley and Erie
I i:ad lost either part or all of their gain.
1 Union Pacific opened unchanged at
'46%. then gained fractionally. South-
| ern Pacific also wa- unchanged.
{ The curb was dull
There Is no market In London.
The market was irregular during the
late afternoon with several of the lead
ing issues showing considerable de
clines. New Haven declined to under
193. a loss of three points. Illinois Cen
tral yielded a loss of over one point.
Reading gain •%; Copper and Missouri
Pacific %. At r46*4 Union Pacific was
up %; the tone in the late forenoon was
firm.
Call money loaning at 3 per cent.
There was vigorous covering in the
last half of the final hour and some
issues made material upturns. Canadian
Pacific crossed 241 for a gain of five
points over the midday level. Reading
crossed 161 for a gain of nearl ythree
points over the noon range. Steel solid
around 61 for a net gain nf 1% on the
. day. Other substantial gains were made
j by Union Pacific, Pennsylvania and
I America Can. The tone was strong,
'the mar’, et closed strong.
Government bonds unchanged; other
bonds firm.
MONEY AND EXCHANGE.
NEW YORK, May 1.—Money on call
% to 3 per cent. Time money un-
''barged; 60 days, 4 per cent; 90 days,
1 to 4V* per cent; six months, 4% to
•5 per cent.
Posted rates: sterling, 4.84@4.87, with
tual business in bankers’ bills at
0 4.8675 for demand and 4.8316 for
60-day bills.
Prime mercantile paper active at 5 per
cent.
Auto Trip Sells Big
Atlanta Piano Order
HAYWARD &. CLARK’S
DAILY COTTON LETTER
NEW ORLEANS. Mu y 1 -There was
a sharp upturn in the Liverpool market
this morning, futures being as much as
9% higher; spot prices 2 up, Rales 10,-
000 hales. Various influences con
tributed to the change: the feeling was
in favor of a reaction; the report of
The Journal of Commerce giving in its
preliminary ft recast only 2.K per cent in-
*-ren <** In acreage was construed as bull
ish; Miss Giles makes the Increase 3.7
per cent, a bullish circular by Mr. Price;
bullish weather prospects and more op
timistic views from Paris on the po
litical situation.
First trades here were at an advlnce
of 14 to 17 points, which met with heavy
■ II m • Luslng a depression of 10 points.
As soon as this selling was accommo
dated. the market again showed a
stronger tone and a tendency toward
further reaction. Much depends on the
political news of the next few days.
The Into-sight for the week looks
around 96,000 bules, aga nst 134.830 lant
year.
NEW ORLEANS COTTON.
Quotations in cotton futures:
Open I
1
High i
s |ll
|
6
u
Cu'J
M v
12.17 12.17
12.07112.12
12.00
12.00-01
J ne
j
12.02-04
11 84 86
11 v
11.96 11.96
11.85111 m;
11.95-96
1 1.77-78
Ag
11.53 11.Y
11.46111.55
11.56-67
11.37-36
Sp
11 27-29
11.09
()<•
11.14 1 1.16
11.05 11 1 1
11.13-14
10.99-01
I V
II.12 1 1.14
11.05111 14
11.13-14
11.99-11
.In
11.08 11.17
11.08 11.17
11.16- 18
11.02-03
Kb
11.14-16
11.00-02
Mb
|....
11.19
11 07-09
Closed steady.
TODAY'S PORT RECEIPTS.
Th* following table
shows
receipts
at the ports to-day compared with the
' imp day l»r»t year:
l ma. i
1912.
New
t >rlruns
612 !
608
* la)\
eston. .
. . "•
231 i
3,512
Mobile. . . .
:?6
106
S a va
nnah.
. .! 1.808
1.816
’ha i
lesion. .
'47
27
Wilmington. .
81
162
Vor!
elk. . .
;ot
209
New
York.
656
do.-it
oil....
100 !
69
! *»c*
1c coast
4.190
Yari
ms, . .
206
Port
Art hur.
. .J 6.194 |...
TV
tal. . . .
13.
50
11.406
INTERIOR MOVEMENT
1913.
1912.
tun
d<m. . .
1,
v’7
903
Vugusta. . .
321
Memphis. . .
x ;
775
>t.
jouis. . .
86
1.176
Gine
nnatl. .
<*-l
1.768
iltl
* Rock .
26
To
tal. . . .
3.
744
4.969-
SPOT COTTON MARKET.
Atlanta, quiet: middling 11%.
Uhens. steac\ middling 12c.
Maeon, stead > . middling \2c.
New Orleans, stoutly: middling 113-16.
New York, quiet; middling. 11.95.
Philadelphia, quiet: middling 12.05,
Boston, quiet middling 11.80.
Liverpool, easier: middling 0.58d.
Savannah, steady; middling 12c.
Norfolk, steady; middling iJc
Augusta, steady middling 12%
Mcbilo. steudy; middling 11 V
Galveston, steady: middling 13%
Charleston, quiet: middling 11-%
\\ hmington. nominate
1 ittle R«*ck. quiet: middling US.
Baltimore, nominal; middling 12c.
Memphis, steady; middling ’2%.
s*. Louis, dull; middling 12’..
Houston, steady; middling 12V
1 ouisville. firm; middling 12%.
Greenville, quiet; middling 11%.
Charlotte, stead' - ; middling 12c.
Arrangement; for a through service
between \tluntu and Franklin, X.
G., (hiring the summer have been made
b> th*' Southern Railwuy and the Tal
lulah Falls Railway. The through coach
will leave Atlanta at 6166 a. m., arriv
ing at Gornelia at 10:40 a. m . at Tal
lulah Falls at 12.10 p. rts., and at Frank
lin at 2:30 p. m Returning the through
ear leaves Franklin at 2:60 p. in. The
new service is eftY }y Sunday. June 16.
NOISE SAVES FAMILY.
VXDKRSON, S. g . May 1.—A - light
noise that awakened Will Dodson late
last night saved himself and fandh
trom being burned to death. A n* gi
set tire to the Dodson home.
Dodson saw the negro running
but could not capture him,
neg.ii
Bell School of Music of Americus
Buys 20 Lindemans From
Holme3 and Skinner.
One of the largest piano sales ma le
in some time has Just been closed hy
Harold S. Holmes and R. T. Skinner,
Jr., of the Cleveland-Manning Piano
Company. By this deal the Beil
School of Music, of Americus, with
branches* in Cordele. Albany. Monte-
suing and sever.d other South Geor
gia towns, secures twenty Henry
S. G. Lindeman uprights and grands,
containing the melodigrand sounding
boards.
The Bell Institution was equipped
with pianos of various well-known
makes, but recently the management
became Intelested In the Lindeman
piano. To put the finishing touches
to the deal, Mr. Holmes made a record
run in his automobile yesterday from
A (hint to Americus. when he found a
train was not available.
In closing the deal, the Cleveland-
Manning Piano Company takes ov *r
all the pianos owned by the school,
which will be equipped throughout
with the Lindeman piano.
Rich Orange Lands in
Louisiana Inundated
NEW ORLEANS, May L—Through
a crevasse 400 feet wide, waters from
the Mississippi River flowed into th* 1
rich orange section near Polydras, La.,
sixteen miles below here to-day.
News of the break in the levee
reached h**re shortly befor noon, and
TECH TO TRAIN MEN TO
FIGHT LIQUOR TRAFFIC
The Georgia School of Technology has
enrolled in the National Intercollegiate
Prohibition Association, organized to
equip college men for the fight against
the liquor traffic.
Prizes are offered for the best ora
tions on prohibition topics. Officers of
the Tech association are Charles S.
Hammond, president; J. X Underwood,
vice president; F. P. Brooks, secretary
ami treasurer, and J. W. Cox. reporter.
DENIED DIVORCE FROM
GEORGE ADE'S NEPHEW
CHICAGO, May l.—Mrs. Marie Da
vis was refused a divorce to-di>y in
inr suit against George Ado Davis,
nephew of George Ade. the humorist.
Mrs. Davis charged her husband with
not being sufficiently affectionate and
frequently refuting to kiss her. The
court made a ruling for separate
maintenance and ordered Davis to pay
his wife $15 a week.
French Officers Die in Piet.
HANOI. FRENCH INDO CHINA.
May 1. Fragments of a bomb hurled
by a native adherent of the Pretender
to the Ann.unite throne buret among
a large group of French officers. Gov
ernment officials and foreign residents
seated on the terrace of the 1 r nclpa:
cafe here, killing two Wench officers*.
Today's NewYork
Stock Market
Hflow lire g-ivpn the highest,
lowest and
Honing prims of
stocks to-day, together with the
previous close:
Clos.
Prev.
STOCK —
A. Copper . .
HI ah.
73l*
Low. Bid.
70% 73%
Close.
71
A. Ice Sec. .
22* 2
21% 233' 4
22/4
A. Sugar Ref.
11<F 4
110'/ 2 111»/ 2
1103,4
Am. Sr.ieltg.
u
65' 4 66'/a
65 %
Am. Loco. . .
3*4
32'/* 33'/ 2
32
Am. Car Fdy.
48
48 49
47/a
Am. Cot. Oil
.... 44
43/2
Am. Woolen
20
Anaconda . .
37
36 371 H
36'/„
Atchison . . .
99^
983 4 99
98/ 2
A. C. L. . .
120' 2
119 121
120
Am. Can
32
303*4 32V a
31'/i
do. p?d. . .
92
91%, 92
91/2
Am. Boct Sug
29
29
Am. T. and T.
...»
.... 128'/ 2
1283/4
Arp. Agri. .
Beth. Steel
.... 50
321/2
.B. R. 8. .
83%
87% 88%
873/4
□. and O. . .
93
97/4 98' 4
37 , /2
Canadian Pac.
240
236/2 240%
235/4
Corn Prod.
... 10%
C. and O. . .
65
633 4 643/ 8
63/ 2
Consol. Gas .
129
127 129
127/a
Cent. Leath.
.... 23'/4
22
Col. F. and 1.
31'/4
31 32
31
Col. South. .
.... 281/4
28/4
D. ar.d H. . .
.... 135
156
D. and R. G. .
.... 19
19/2
Dist. Sec.
.... 18%
Erie
2*'/«
27 27%
27
do. pfd. . .
43'/ 2
423/4
Gen. Electric.
.... 138
137/2
Gold. Con3ol. .
u.
1 7 4
Great Western
.... 14/2
134*
Gt. North, pfd.
126' 4
125 126' 2
124-4
Gt. North. Ore
31 Vz
31/a 32
31
Int. Harv. . .
.... 103
Ml. Central. .
1133/4
112 113'/ 2
113%
Interboro .
141/4
12 14/2
14/4
do. pfd. . .
51'/*
49 51
4834
Iowa Cent. .
... 7
7
K. .C Southern ....
23/4
22
L. Valley. . .
1543 /4
1533/4 15434
153
L. and N. . .
130
128% 130/2
1293 4
Mo. Pacific. .
25
32?a 341/;,
33
N. Y. Central
102
100% 101/2
101
Northwest..
130
128/4
Nat. Lead . .
49
48/4
N. and W. . .
104- a
104/4 105
104%
No. Pacific. .
1141/a
113/2 114', 4
113'-2
O. and W.
28%
Z8'/ a 29 ! /a
28/2
Penn
1141/4
114'/ 8 114/*
114/a
,Pacific Mail .
21
20/2 22
22
f>. Gas Co. . .
109 7 8
109% 109%
109/a
P. Steel Car .
233/4
Reading. . . .
161
158'/ a 160%
168%
Rock Island .
19
17/4 18H
19'/.
do. pfd.. .
31/a
32'4
R. 1. and Steel
22/2
22
do. pfd.. . .
.... 82/*
82
S.-Sheffield. .
30
25
So. Pacific. .
98' 4
96 973,4
S0/ a
So. Railway .
24(/ 4
23 V a 24/a
23%
do. pfc?.. . .
76
757'a 76/4
7S>/2
St. Paul . . .
106%
10534 10834
105/2
Tenn. Copper.
34?/4
32/,
Texas Pacific.
16
15% 15/2
16
Third Avenue
.... 34/a
33Va
Union Pacific.
149
1407, 8 149'/a
146%
'J. S. Rubber.
6 2/2
604a
Utah Cooper.
50
48%
U. S. Steel
60? „
57 60%
58%
do. pfd..
107' 3
107/a 107/2
107%
V.-C. Chem.
.... '32/2
31/2
W. Union . .
65
64 65/ 4
64
Wabash. . . .
2
3 3
3
do. pfd.. . .
8%
94a
W. F.lectrlc .
.... 61'/a
6OV4
W. Central . .
51?' a
50/2
W. Maryland.
.... 39
38'/a
CHICAGO CASH QUOTATIONS.
OltGAGO, May 1.—Wheat, No. 2 red,
! .0' % ft/. 1.07% : No. 3 red, 95&1.00; No. 2
ard winter, 93ftz)95; No. 3 hard winter,
".'ft/!>4%; No. 1 northern spring, 92(q>
*4%: No. 2 northern spring, 91%@93%;
No. 3 spring. 89ft?91.
Corn, No. 2, 56%ft/ 58: No. 2 white, 59ftt
'•0; No. 2 yellow, 56%ft/57; No. 8. 65%ft*;
57: No. 3 white, 58%; No. 3 yellow, 56%;
NV 4. 54%ft?;56; No. 1 white, 55%@56%;
No. 4 yellow, 55fti>55%.
()a. \ No. 2 white. 37%; No. 3 white,
’5’, i't 36; No. 4 white, 34%fti35%; stand
ard. 36%.
Investors’
Column
IS US EXPECTED
Developments in Cereal Markets!
Not Startling—Most Business !
Is Done in Corn.
ST. LOUIS CASH QUOTATIONS.
Wheat—-No. 2
Corn—No. 2 . .
Oats—No. 2 .
107CcMll%
CHICAGO, May 1.—There was little
change in any of the grain markets on
die Board of Trade early to-day. The
deliveries .on May contracts were about
i as looked for. There were 2,000.000
bushels of wheat sent around; 90,000
1 bushels of corn urul 400,000 bushels of
oats. The May option wa? unchanged,
I July and September were %c lower.
The trade in corn wa:: larger and the
j offerings were quickly absorbed.
May oats sold at 36% to 35%ftr35%c;
July at 3-!*4(&34% to 35&35%c and Sep
tember a t 34 7 * 35ft* 35%c.
Provisions were stronger with hogs,
, but the trade was small.
Wheat closed around the bottom lev
els to-day and showed net losses of %
to %c There was an absence of claims
of chinch bugs and other pests in the
wheat fields of the Southwest and there
was an absence of cash ousiness in
wheat here and at other points. The
wheat market for a time to come at
Last will continue to be Influenced
largely by the foreign situation.
Corn closed at Josses of % to %e and
oats were unchanged to % to %c lower.
Cash sales of wheat w r ere confined to
).(VJ0 bushels at Chicago; corn, 105,000,
and oats 135,000.
CHICAGO GRAIN MARKET.
High.
WHEAT—
May
July . . .
Set)t. . ,
CORN-
May . . .
July . .
Sept. . .
OATS-
May . . .
July. . .
Sept. . .
PORK—
May. . . 19.72
July . . 19.65
Sept. . . 19.45
LARD—
May. . . 11.02
July . . 10.87
Sept. . . 10.87
R IBS—
May. .
Sept. .
92%
92%
92%
08 %
57%
35%
35%
35%
11.60
10.87
Low
91 %
91%
91%
55%
65%
56%
36%
34
34%
19.65
19.65
19.42
11.00
10.85
10.85
11.42
10.87
Previous
Close. Close
92%
92%
92%
56%
56%
56%
35%
91 M,
91%
91%
56
56%
35%
24%
34%
19.47% 19.62
19.60 19.65
19.40 19.42
10.92% 10.97
10.82% 10.85
10.85 10.87
11.36 11.50
10.85 10.87
CHICAGO CAR LOTS.
Following are the receipts for Thurs-
Thursday.
Friday
Wheat
30
17
Corn
153
41
Oats
147
22
PRIMARY
MOVEMENT.
WHEAT—
| 1918.
1912.
Receipts
555,000
484,000
Shipments
965,000
626,000
CORN— | I
Receipts ...
1 383,000
594.000
Shipments ...
383,000
449,000
T. A. McD.—LorilLird 5 per cent
bonds, selling about 98 and earning
ight to ten times more than the in
terest requirements, offer inducements
to business men drawing 4 per cent
on savings bank deposits. The Beth
lehem Steel Company’s first and re
funding 5s, selling around 84, are a
L.irly good bond. Baltimore & Ohio
Convertible 4 i-2s, selling at 92 1-2,
are recommended.
W M. W.—It Is generally conceded
by judges of markets and values that
no prolonged upward movement in
stocks can be looked for until the
bond market develops a firmer un
dertone. With standard bonds slowly
but steadily decling and now issues
coming upon the market in large vol
ume. there is little inducement for
the public to buy common stocks, ex
cept as a speculative venture. There
are exceptions to this, as to all rules.
The main point, however, lies In the
fact that active and broad speculative
movements in the stock market do
not precede a firm bond market. With
manv indications of a high rate for
funds in the fall, a sustained huh
movement in Kooks is scarcely looked
for at this writing.
LIVERPOOL GRAIN MARKET.
LT\ RRPOOL, May 1.—Wheat opened
unchanged to % up Corn opened un
changed Wheat at 1:30 was unchanged
to ! off. Corn was unchanged to %
off Wheat closed % off. Corn closed
%(<*% off.
GRAIN MARKET OPINIONS.
CHICAGO, May 1.—Bartlett & Frazier:
Wheat—Prices may rule a little lower,
but we continue to feel very friendly to
the market on weak spots.
Corn—Country offerings keep moder
ate and stocks are likely to show further
decrease this week. Southwestern mar
kets are very firm wit hlight receipts.
Oats—Country offerings show little or
no increase while the shipping demand is
fairly good. The undertone to the mar
ket Continues very firm.
Provisions—The market seems to have
a healthy undertone.”
NEW YORK COPFTIE MARKET.
Coffee quotations:
l Opening. 1 Closing.
January 1 9.24^9.27
February ! 9.23ft£9.27
May [10.92^1)10.93
June 10.95
July |ll.03_
August j 9.15
October j 9.25
November
December . . . . | 9.24@9.25
9.2BK9.23
9.23^,9.24
1O.01@1O.92
10.96fST0.98
11.01 @11 02
9.10ft/9.12
9.20fS9.1i
9.20(0)9.21
9.2009.22
Closed steady; salf«2t|)0 bags.
r
The
Market
X
Basket
Will appear in all its
interesting and
Mone-ySaving Sug-
gestionsFriday.
This great feature of
The Georgian is
eagerly read and sought
by discriminating readers,
and those grocers
who fail to take ad
vantage of this op
portunity are not
alert to the promo
tion of business.
Sord
8.2
LIVE STOCK.
.CHICAGO, May l.-Hogs-—R<
15,000. Market 5c higher.
Mixed and butchers. S.30ftr'8.7f
heavy, 8.4.0 S 60: rough heavy.
8.35; light. S.35(a8.75; pigs. 6.00® 8.35;
bulk, 8.45t*8.6o.
Cattle—Receipts. 3,000. Market strong
Beeves. 7. tuft/ 8.80; cows and heifers.
2 stock* rs and feeders, 6l.V N
Texans, 6.t'Oft* 8.00; calves, 7 OOftjp
Sheep—Re* eipts, 14,000. Market strong.
6 TO cis'sO an<l " eBtern » 5.00(^6.80; iambs,
THE WEATHER.
\\ A SHIN IT* *\, May 1. The weather
will be generally fd:r t*»-n:ght and Fri-
day east of the Mississippi River. *x-
cei.t that occasional showers are proh
ibit* in the upper lake region.
Temperatures will rise to-night In the
Ohio \alley, the lower lake region, th.
Middle Atlantic und New Fngland
Slates, and will fall to-night and Friday
*n the upper lake region.
. Forecast until 7 p, id . Friday:
Georgia—Fair to-nigu and Friday.
I SSI PAT ION of the property left
your widow and minor chil
dren, through the making of inju
dicious and ill-advised investments,
cannot occur if you leave the ad
ministration of your estate to the
TRUST COMPANY OF GEORGIA
Capital and Surplus $1,800,000
Equitable Bldg. :::::: Pryor Street ]
an
Earns $1,000-Nit!
See what
He caught!
Mr. Batch and
Major Stoneheart
Have a cozy talk
These are some of
the great features
to be found exclu
sively in the Comic
Section of The Sun
day American next
Sunday.
Order Your
Paper Now
%
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