Atlanta Georgian. (Atlanta, Ga.) 1912-1939, April 30, 1913, Image 34

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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 % BOTH PHONES Main 8000