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\ , f I I 16 THE ATLANTA GEORGIAN AND NEWS. FRIDAY, MAY 2, 1913. it SELLING CO. STARTS WELL Cosmopolitan’s Purchase of Old Corporation’s Assets Gives Un divided Profit Fund. The Cosmopolitan Life Insurance Company, of Atlanta, Georgia, a new organization bearing ihe name of an old concern, has been licensed by the State of Georgia and is expected to play an important part in ^he im ir- a*ee world. The new company has no relation to the old one beyond taking over its assets. The licens* was Is sued after a thorough inspection of the company's a-seets and labilities and of the men backing it. A unique instance in connection with the formation of the company was that the entire amount subscribe ! bad no charge against it, President J. O. Wynn handling this work without recompense. The stock was sub scribed on a - to 1 basis, each sub scriber for $100 worth of stock putting in $100 to the surplus fund as a straightotit contribution. The com pany starts business with a capita! stock and surplus of $260,036. Undivided Profit Fund. Ii liar a fund of undivided profits amounting to $108,639.70 a'quire 1 from the purchase of the assets *f the old company. This does not in clude stock notes amounting to $137',- 478.62, upon which the new companv expects to realize approximately $60,- ' 000. “Thus," say the officers of the com pany, "it is apparent that the sto’k of the new' company subscribed at ac tual cash .of 2 to 1 has a book value of more than 3 to 1 at the oiitpet. The following statement has been given out by the company: •The <’osmopolitan Life Insurance Company, of Atlanta, Georgia, is .in entirely new and independent com pany. It has no connection with the old company of that name, exceot that it bought its assets at public sale. An entirely new company whs organ ized to take over these assets. “Ho great was the fajth of the stockholders in the now company that on the day of organization they »ub- gcribed themselves to more than $50,- 000 of life insurance, against which there is no commission charged. Strong Agency Force. "The large acquaintance of Provi dent Wynn throughout the Southern j States and the fact that ho is recog- j ulzed as an able and successful man - < agor has brought in a large number of applications for agcnces from men of the highest grades throughout Georgia and other Southern State;*, and it i* safe to say that within a ♦hurt time the company will have a verv stron~ agency force at work. "While it is the purpose of the com pany to maintain a careful and con servative management at all times, it will be its policy to be as liberal as possible with its agents and pollcy- h< c.ers within the law and consistent with safe and conservative conduct of business.” NEW YORK PRODUCE MARKET. NEW YORK, May 2 --Petroleum steady; crude I’ennsylvanla 2.60. Turpentine steady; 41 bid. Rosin quiet; common 4.76 bid. Wool active; domestic fleece pulled scoured basis 35 (ft 55, scoured basis 48® 65 Hides, improved demand; native steers 16%®>19to. branded steers Toffee Steady; options openol to 8 higher. Rio No. 7 on spot Rice steady; domestic ordinary to prime 4 % ® 5 %. > Molasses steady; New Orleans open kettle 354?£0. SiiMr, raw active; centrifugal :i Sfiflr 3.33, niuscvttrlo UR4IW'2.89, mrtlaases ftugar 2.fil9t 2.64. ... Sugar, refine* 1 firm. fine grnttulatefl 4 2S@4 36. cut loaf 4 15 bid, crueller! 5.On bid, mold A 4.70 bid. cube* 4.50fa 1 80. powdered 4 2504 45. diamond A 4.35 bid. confectioners A 4.10O4.2V. Sofia No. 1 »00'iM 10 (No. 2 la 5 points lower than No 1 end Noe 3 to 14 are each 6 points lower than the preceding grade.) Potatoea firm; white nearby 1.87®..00. Bermudas 3.004(5.50. Beans steady; marrow choioe r.OOd 6 00 pea choice. 3.86® 3.95, red kidney choice 4.20® 4.30. , , Oiled fruits steady; apricots choice to fanev 1084012V apples evaporated S rime to fancy 5>,®8V prunes 30s to )s r.% bid, 60s to 100s 354® 4'i. peaches choice to fancy 11.07'it. seeded raisins choice to fancy 5®6t*. MODERN MILLER CROP OUTLOOK. ST LOUIS, May 2 -Reports from the principal winter wheat-growing States on the condition of the crop and the abandoned acreage on May 1 show there is a larger yield of winter wheat m prospect than was ever raised in this country before. The average condition in the l mted States is estimated at 92 per cant The abandoned acreage in the United State.* is estimated wt 978.000 The prospective yield of the principal win ter wheat States Is; Ohio, 34,484,000; Indiana 39,968,000; Illinois. 42.187.000, Missouri, 39,381.000. Nebraska, 62,120.- 000; Kansas, 118.278.000; Oklahoma. 29, 616.000 bunhel*. longs Liquidate wheat; LOWER PRICES EXPECTED CHICAGO, May 2.-—The Inter Ocean says’ "The local long Interest in wheat hav been reduced somewhat of late Traders call attention to the efforts to bull the market for a week with indif ferent success an^l were Inclined to look for lower prices to-day should good rains come in Kansas, and if foreign markets shew a decline • it is said by those who know- that tin? recent heavy selling of corn h> the Ar mour Grain Company ha* been to take profits on their purchases of the past two months. Bears are talking a larg er movement, while the bulls regard the situation as one in which there is little money to be made on either side for the present. They believe that corn is worth tic money and do not look f«*r much change in prices until some new factor develops of sufficient importance largel.v increase trade either way." ATLANTA MULE AND HOd%E MARKET (Corrected by the National Stock Varda Commission Company; C G. tur ner, President.) Mutes. 14 to 1 «% Lands, rough, good ages. $116 to $130. 14 to 12%, finish with quality, $165 to $180. 14% to }5 hands, rough, $130 to $170. 15 to 15% hands, finish, $180 to $205 16 hands, with quality and finish, $205 to *230. 16 hands, heavy chunk, weighing form 1,260 to 1,400 pounds, $265 to $330. Horses. Southern chunk horses, from $75 to $110. Southern chunk, finish, $110 to $136. Good driving horses, quality and finish, tanging in price from $160 to $210 riem t y Uli*light torses, rough, $160 to WO. Heavy draught horses, finish, $210 to $300. METALS. NEW YORK, May 2 — Metal market was steady to-day. Copper, spot. July, 14K®lot;. Lead, 4.46. Spelter and zinc, 5 50#K65. Tin, 4M6tf49 75. COTTON GOSSIP NEW YORK, May 2.—-Exports this eek probably will be larger than last •Hr. Export* late yesterday totaled j 28,000 bales. I Recent Buyers Unload, Fearing Liverpool Will Reiender its May Contracts. NEW YORK, May 2. W tion of May, whU higher, the cotton bullish as yesterda prices ranged froi point lower than la bits at first were sev than hAd been expectc off sharp!j after tht h opens market v. The point was re other i Itial to 1 eports h; torn mere than *x < to add Theodoi t Miss Giles and the Journal • yesterday were more bull- iccted. The effect of these to a bullish circular issued I’rice Wednesday. As long as the tinue favorable friendly to the upward reaction aid. weather conditions eon- sentiment will be market and a further will hardly prevail, it unchang night’s close. Ca- ••rd 1 points higher »d, but later eased :nirg of this he rally yesterday was in- spired chiefly by tlie knowledge that Liverpool controls almost all of the local *toH: and the foreign interests migh: easily run a "squeeze” in the active summer months. f Dallas wires: “Texas generally cloudy, no rain reported; Oklahoma clear and warm.’’ The ring <r throughout tin (I were leading sellers morning i on. market. Southern weather reports were rtither bearish. New Orleans was active, but fluctuated within a moderate range during the first fifteen minutes After the all. the market lieeame weak on general selling by the ring and several brokers who usually represent the larger bjmU houses. In addition to this selling, the market had to face Norden A Co.’s average estimate, which gave the total at an increase of 4.7 per cent. This was construed as bearish and brought out considerable offerings July underwent heavy selling pressure and received no support. It is believed that a large portion of the short inter est in July has been eliminated and some of the May taken up Is being re sold. On the decline. July an*i May dropped 13 point* from the initial level. August recoded 11 points, while late po sitions sustained h sses of 9 to 11 points. The decline was helped along on pros pects of bearish mill takings figures and absence of any special news of the spot situation. During the late forenoon the market was quiet, with prices at the lev level. !t became, apparent to-day that May contracts taken up by the foreign in terests will be re-tendered here, since actual holders are inclined to be dis appointed with it. However, it is said that there has been freight room en gaged for about 25,000 bales and very tittle additional room is available this month. This did not stimulate the mar ket and general liquidation continued during the afternoon session. With the short interest in July re duced to a large extent, the trade is in clined to sell the market short on con tinued favorable weather news and ex tremely bearish sentiment. The entire list showed further depress ion during the afternoon session. May Increased Its decline to 16 points under the previous close. July and August dropped 12 to 14 points and later months followed the decline closely. At the close the market was steady with near positions 12 to 16 points low er and distant montins 8 •<> 10 points I lower than the final quotations of Thursday. RANGE IN MEW YORK FUTURES. Liverpool cables; ‘‘American middling fair, 7 1.61; gogd middling. 6.93d; mid dling. 6.72d; low middling, 6.50%<1; good ordinary, 6.24*1: ordinary, 5.90d." Mitchell ami F ers of July. Th< sell on all rallies chill were general wll- ring crowd Inclined to Following shows Norden & Co. acreage estimate for the cotton crop of 1913; North Carolina l per cent . increase. South Carolina :: p* i cent increase. Georgia unchanged, Alabama 4 per cent increase. Mississippi 7 percent Increase. Louisiana 1.8 per cent increase, Texas 5 per cent Increase, Oklahoma 9 per cent increase. Arkansas 6 per cent in crease, Tennessee 5 per cent increase; average, 4 7 per cent Increase. * * # Ozark. Ala., wires: "Poorest prospect for cotton crop in Alabama have known; first planting all to plant over; second planting dying as It comes up; farmers disheartened. * * * NEW ORLEANS, May 2. — Hayward A Clark: The weather map is very favor able; If shows cloudy m the western half, fair In the eastern half, warmer generally and no rain. The map in- dicates unsettled and showery weather in th** western half, with probable rain in Oklahoma and Northwest Texas. Generally fair in the eastern half. The cold wave remained stationary over the Rockies overnight. • * ♦ Storm warning: Disturbance over the southern part of Colorado moving east ward will cause moderate to brisk southerly winds this afternoon and to night. Consols reported 1-1 Gd better. French rentes 32 %d higher. * * * Liverpool cable:?: American forward, 74.090 bales; total, 89.175 bales. Ameri can decrease, 15,310 bales.” Leading New' vor reaction. York opinions still fa- My Jn Tly Ag Sp Oc Nv Dc Jn Mh - v The New Orleans Times-Democrat mi! g 4, § says: “The cotton market swung from I intensely bearish to intensely bullish, ind at the close \esterday outsp-.keu 40 11.41 1 11.41-42^11.67 low-price men were hard to find. As a 54 11.54 1 11.46-is 11.59-61 matter of fact, the talent was predicting 51 11.52 11.51-62!! 1.63-64 j 13c for July, whereas at the close Tues- 42 J day the talent talked freely of the pros- f 9c on the blackboards before very 1 1.68 1 1.59 11 ill. 64 11.54111 111.66’11.65! 11 11.40 11.41111.37111.30|ll.29-30|lt.41 , 11.10; 11.10'’11.08.11.09!11.01-03 11.10-12 pect 11.03‘11.06 10.92 10.95 10.95 111.04-05 j long Hears said the shade of a once 10.95-97 mighty manipulator has crossed the path II 06 11 08 1<*.9 < io 96 10 96-97 11 -0*'. 'of 1 he market and scared shorts bad to ,11 04 llot 19.91 10 95 10 94-95 11.03-04 j run to cover. Hulls said too many com\ II 12*11 12 11.1211 12 11.03-04Tl.il plaints of damage done by cold weather and of the necessity for replanting were 25® 28, Texas Closed steady. LIVERPOOL COTTON MARKET. LIVERPOOL, May 2.—This market was due to open 4% to 5 points higher on near months and 2*4 points higher on late positions, but opened irregular, 5 to 7 points advance on near positions and 3% to 6 points higher on distant months. At 12:15 p. m., the market was very steadv, 554 to 8 point's higher on old crop* and o to 6% points higher on new* rops. Later the market Reclined % point front 12:16 p. in. Spot cotton firm at 12 points advance; middling 6.72*1; sales 10,000 bales, includ ing 8.000 American; imports 18.000 hales. Port receipts are to-day estimated at 8.000 bales, compared with 1.6,982 last k and 9.700 bust year, against 11,171 bales for th** corresponding week the year before. At the close the market was barely steady with prices at a net advance of 1%®)3 points from Thursday’s final. Futures opened firm Ope ning. Prev. Range. Tlo?e Close. May 6.45 -6.46 6.41. to 6.38 May June . . .6.43V -6.45 6 11 6.38 Juno -July . . .6.41V - 6.4 2 1 . t; 89 6.36to July Aug • 6.39 -6.40V 6.36 6.34 Aug -Sept . . .6.30 -6.2!' 1 6.24 Kept -Oct. . . .6.25 -6.14V; 6.12 6.10 Oet.- NtJV. . . .6 <'7 -6.08 1 6.05 6.03 to Nov. -Dec. . . .6.05 -6.06 1 ! 6 02 to 6.00 to Dec. Jan. . . .6.05* 6.01 to 5.99 Vt Jan. Feb. . . .6.04 -6.03to 6.01 5.99 ~ Feb. Mch . . .6.061 -6.05 V 6.02 6.00 Mch. •Apr . 6.02to 6.01 Clc )sea barely atea* iy. HAYWARD & CLARK’S DAILY COT TON LETTER. NEW ORLEANS, May 2. -This morn ings map shows that the cold wave re mained stationary over the Rockies dur ing the past twenty-four hours. Cloudy weather prevails over the western half; generally fair in the eastern half; warm er generally no rain. Prospects are that the extensive rainstorm formation now over Arizona and New Itytexlco will move eastward over Northwest Texas and Oklahoma and cause unsettled and rainy weather in the Western States, while fair weather will continue over the eastern half of tlie belt. The cold wave should follow in the wake of the storm area, but nothing definite can be said about its course before to-morrow. While there is no positive political news, the advance In consols and rentes re flects an improvement in views. Liverpool was strong at the opening of our markets, but weakened consid erably in the last hour. Sales continue large Total. 10.000 bales to-day, tit 12 oints higher quotations. After the rather extensive covering of yesterday, our market ruled quiet and easier this morning. Absence of bad weather overnight and prospects of bearish mill takings this afternoon diminished support. New York advices are still to the effect that the general diort interest is large, and the larger interests are In favor of further reac tion. The contract market is quiet, consid ering the possibility of further easiness on bearish mill takings, but there is no great desire {to sell. Whether develop ments over Sunday and prospects of im proving politics hold action in suspense rping in and the position of the short had become untenable "Students of the market pointed to the comparatively heavy exports f*>r the week thus far. to the rapidly shrinking port stocks and to the sharp loss In stock at several of the leading Southern cen ters. "Liverpool harped on the fact flint low grad** cotton is needed there, and as sert ed that the presence of low-grade cotton in the New York stock will not prevent the taking up and shipping of cotton from New York to Liverpool.” Following are 10 a. m. bids: May 12.03, July 11.90. August 11.49, October 11.10, January 11.12. Estimated receipts for Saturday: 1913. 1912. New Orleans 2.000 to 2.500 1,331 Galveston 2,500 to 3,500 2,752 MILL TAKINGS FOR WEEK 229,000 BALES The visible supply of American cotton •luring the past week shows another large decrease of 137,206 bales, as com pared with a decrease of 211.837 bales for the corresponding week last year, against a decrease of 170,640 bales for tit!* same week the year before. Other kinds during the past week show a de crease of 45,000 bales, compared with a decrease of 25,000 bales last year and an Increase of 8.000 bales lor the same week in 1911. The total visible supply of American *•< tton for the week shows a decrease of 185.206 bales, against a decrease of 236.- 827 bales for the same week last year and a decrease cf 162.640 bales for the corresponding week in 1911. 1913. ; 1912. 1 1911. American .. Other kinds Total Jill kin 3,164.802:3,722,99 .[1,453,000! 1,195.00 . . 4,617,80;-, = 4,928.'.‘9 7 2.336,724 /1,185,000 7! 3.521.724 World’s spinners’ takings: 1913. 1912. 1911 For week . . Since Sep. 1 229,000 ; 334,000 11,121,000112,130.00 0 $0$ 9.680.000 Movement Into sight for week: I 1913. 1912. 1911 OverlM w’k. Since Sep. 1 Sight week. Since Sep. 1 So. consum. 12,189 18.110- 1.128.559 1 2,089 131.836 12,934,563 15.064.498 35,000' 41.000 7 .*>87 861,968 ..9.128 11,230,704 38.000 Weekly interior movement; . , 1913. 191 2. ! 1911. Receipts Shipments St*>cks Weekly exports: .602 54.044. 25,2 70.212 84.617 70.368 440,687 306.40* 296,31 1 1913. Since For w September t. sek .... J912. 7.656.824 9.755.298 169,556 9,765.298 NEW ORLEANS COT5 Quotations in cotton future ON. 1 Ci 3. 1 1 * . k ® 5 4 1 « l ] My 12 l! nil.11 no 11.03 1 • • o 1 13.12 Jn 11.92 •4 2.02 04 JlY 'ii 92 i i .96 i i 84 11 85 1 1.84 85 .1.95 96 Ag in 51 11.56 11.42 11.41 11.44 1? 1 56 57 Sp 11.15 17 l.£7 •>,) (>c ii 11 i i. 16 i i. t: it. 0a 11.04 05 .1.13 14 Nv 11.04 05 Dc ii 11 ii.15 11.02 11.03 11.03 04 11.13 14 Jn ii U 11.15 11.05 ,11.07 11.07 08 11.16 18 Fb 11.05 07 .1.14 16 Hh 11.09 11.19 c ose d firm. THE WEATHER. Conditions. WASHINGTON, May 2.—With the ex ception of light local ruins in the upper lake region, the weather will be fair to night and Saturday in the States east of the Mississippi River. Warm weather will continue during the next thirty-six hours over the east ern half of the country. General forecast until 7 p. m. Satur day : Georgia Fair to-night and Saturday. Alabama and Mississippi -Fair to night and probably Saturday. Tennessee and Kentucky- Fair to night and Saturday; continued warm. COTTON MARKET OPINIONS. Logan & Bryan: We feel the present technical position suggests caution in making short commitments. Hayden. Stone A Co.: Sentiment is very bearish and cotton will be for sale on lavorable reactions. T; ompsen. Towle & Co.: Would not sell short except on some definite ad- COTTONSEED OIL. :~opcnlng Tcioi Snot . . . May . . . June . . . July . . . August . . Septem ber October . Closed heavj ng. > 85n 7.00” 5.S7(a 6.88 >.90® 6.94 5.96 6.97 r.01 VI 7.03 I No I pr den & Ci Miller & Co. 1 vance simpl : We would not be sur- further advance. We believe the present offers a better selling . 6.40® 6.44 6.44 50 t 5.^7 6.04 6.74 tie a sales 19,100 barrels.”" MONTHLY CROP MOVEMENT. Cotton brought ii ’ * sight during the cf April totaled 553.037 bales, •ed with 763.881 bales for the 1 rnnth i-mpar lonth No Decided Commitments Likely Until More Positive News Comes From Abroad. By CHARLES W. STORM. NEW YORK. May X— Illinois Central was the feature of a mixed list at the opening of the stock market to-day, be ginning at 114Aj, for a gain of This resulted from bullish dividend talk in the Street. Among the declines were Canadian 1'acifio % to %. St. Paul : 'U to %, Le high Valley ‘£, Missouri Pacific bn, Northern Pacific: **, Reading %. Union Pacific* %. The advances included Amalgamated Copper %. American Gan ‘4. Chesapeake and Ohio ’t*. United States Steel common , 4* Southern Pacific *4 to bk. New York, New' Haven and Hartford to, Now York Central ^ and Mexican Petroleum V The curb market was dull. Americans in London were well sup ported. Canadian Pacific in London shaded from its best price. There was a marked improvement in • le market during the forenoon. At 105L, New York, New Haven and Hart ford v.aa up li). Copper. Union Pacific, Steel and Chesapeake and Ohio were up to Illinois Central advanced 1% to 114to. Canadian Pacific lost 1% to 235 to- The tone In the late forenoon was firm. Hall money loaned at 2to- The market closed steady. Govern ments unchanged; other bonds firm. Today's New York Stock Market Below are given the highest, lowest and last prices of stocks to-day, together with the pre vious close; STOCK— Hlah. Low. Sale. Amal. Copper. 74 727-8 724 Am. Ice Sec.. 24% 23% 24'/* Am. Sug. Ref. 111 111 111 Am. Smelting 67% 66' 2 66' 2 Am. Locomo.. 34 34 34 Am. Car Fdy.. 49' 4 w-i 48'4 Am. Cot. OIL. 44% 441/2 44% Am. Woolen.. Anaconda ... 37% 37 37 * Atchison . 99% 99 994 A. C. L 1 £0% 120' - 120*% American Can 33! 2 324g 324 do, pref. . . 92% 92/a 92 2 Am. T.-T. 129 128% 12854 Am. Aoricul Beth. Steel.. 33 33 33 B. R. T 89% 89 8*14 B. and 0 98% 98% 984. Can. Pacific.. 240% 238% 239% Corn Product* 10% 10% C. and 0 65% 64 64 Consol. Gas... 129% 129/2 129' ' 2 Cen. Leather. 23% 2314 23'/, Colo. F. and I. 3!' 3 31'/. 31% Colo. Southern .... D. and H Den. and R. G Distil. Secur.. 15 1 15% 15% Erie 28 • 8 28! \ 28% do, pref. . . 44! 3 43% 44 Gen. Electric. 133% 139% 139% Goldfield Cons G. Western . . (4% 144 14'4 G. North, pfd. 126% 126% 126*8 G. North. Ore. 32 32 32 Int. Harvester 101% 101% 101' 2 Illinois Central 114' B 11214 112% Interboro .... 14% 141-2 14' 2 do, pref. . . 51% 5114 51''4 Iowa Central K. C. Southern 23 23 23 K. and t, .... 23' , 23% 23/2 Lehigh Valley 155% 154 154 L. and N.... 13(1/2 131 131 Missouri Pac. 35 34% 35 N. Y. Con. . . . 101% 101' 2 101! 2 Northwestern 131 131 131 Nat’l Lead N. and W. . . 105 a 1054 105' a North. Pac... 114% 114 114 O. and W .. . 30 29'4 26% Pennsylvania 114% 114% 114% Pacific Mail *P. Gas Co. Reading 1.61'.-; 1604 160% Rock Island.. 19% 19 19-4 do. pfd 31% 3114 31! 2 R. 1. and S. 23 23 £3 do. pfd &2 82 82 Sloss-Sheff. . . South. Pac... 98% 97'/« 97'4 Southern Rwy 24% 24% 24% do. pfd . . 76 .’6 76 St. Paul . . 107' 8 1064 107% Tenn. Copper 35 Texas Pacific 34«/2 34/2 Third Avenue 34 34 34 Union Pacific 149% 143% 1434 U. S. Rubber 64 63 63' /8 Utah Copper. 51 50.to 504 U. S. Steel... 60% 60* a 60% do. pfd 107 3 '4 107% 1073-4 Va.-Car. Chm. 33 29% 29' 2 West. Union 65' 2 65' 2 65' 2 Wabash 3 3 3 do. pfd West. Elec. . . 61% 61% 6154 Prev. Close. 73?* 233* 111'/a 66' 2 33'/a 49 44 20 37'/„ 99 121 3 2«/ 8 92 128', a 50 33 88% 98! 4 240 f 8 10% 64 f 8 129 23''4 32 28»/ 4 155 19 15% 27% 43»/ a 138 1 Ve 14»/a 126'/* 3? 108 113!% 14«/ 2 51 7 23!/4 22/ s 154% 130 1 2 34b a 101'/a 130 49 105 114' 4 29* > 114i 4 22 109% 160% 18% 31 Vz 22', a 82% 30 973 4 24 % 76% 108% 3 43 4 15' 2 34' 2 149' a 62% 50 60% 107% 32% 65% 3 9% 61% 61% 39 Made $20,0C0 Richer By Word ‘Peachtree’ Atlanta Postmaster Says He Used Fine Judgment in Choosing Magic Name for Farm. Postmaster Hugh McKee says he has added $20,000 to hie personal wealth by means of one word. "Peach tree” is the word. Captain George S. Low'ndee made the suggestion which enriched Mr. McKee. "I have decided to call my farm, an 80-acre plot out on Peachtree Road, by the one and only magic name— Peachtree. Hereafter It is Peachtree farm. And if I want to sell it I will get a considerable amount more be cause of the name,” said Mr. McKee. “You would be surprised to know how people art; using that name and how it is spreading all over the coun try. "Letters* are addressed to Peachtree Place. Peachtree Road, Peachtree Cir ri* . t - tchtree Heights, Peachtree Park, Peachtree Avenue and a doze.n others of the Peachtree variety. Ev erybody is using the name for every thing.” Battle Celebration Committees Named Fiftieth Anniversary of Conflict at Atlanta Will Be Observed Here July 22, 1914. Wiscon. Cen.. Western M d Total sales 240.000 shares. ^-Ex-dividend 1% per cent. SPOT COTTON MARKET. Atlanta, nominal; middling 11%. Athens, steady; middling 12c. Macon, steady; middling Lie. New Orleans, steady; middling 11 to New York, quid; middling 11.85. Philadelphia, quiet; middling 11.95. Roscon, quiet; middling 11.86. Liverpool, firm: middling 6.72d. Savannah, steady; middling 12c. Norfolk, steady; middling 12c. Augusta, steady; middling 12c. Mobile, nominal: middling 11%. Galveston, steady; middling L2to Gharlcston, quiet: middling 11%. Wilmington, ncminal. Little Rock, dull: middling 11% Baltimore, nominal. middling 12c. Memphis, quiet; middling 14%. St. Louis, quiet: middling 12’4 Houston, steady : middling 12%. Louisville, firm; middling 12%. Greenville, quiet; middling 11 7 8 . Charlotte, steady; middling 12c. NEW YORK COPFCE MARKET. Coffee quotations: Opening. : Closing. m .68.881 bales for the same tar and 317.067 bales for the j correct .ram* month the ytar before. | * Top into ? on April CO aggre- ; e.-red •’ 919,702 bales, against 15.038.086 bales last year and 11,^31,860 bales in J 1911. Januar> ... .11 £5® U.30:il. 30® 11.33 February. . . . . 11 :.6® 11.39-11. SI® 11.38 March . It 82 11. 33® 11 84 April . 11 SOfii : 1.33 11. 33® 11 34 May. .ill) f5 10. 99 ft 11.01 June ..... .11 Of) 'll. -4® 11.06 July . ll 07 U. JO® 11.11 August .... . U 12 Ll. 1941 11.30 | September. . 11 Lrt 11. _!* <1 11.30 October. . 11 ”7'{i I I SO 11. _'*'n 11.30 November .11 L7® 11.SO 11 _''® 11.30 December. . . . .11 £7 11. .9® 11.30 President Moore, of the Chamber of Commence, to-day named committees on the uni-centennial celebration of the battle of Atlanta, which will be held here July 22. 1914. Selections were made from the local G. A. It. Post, the Confederate Veter ans’ organizations, County Commis sion, Fulton County Representatives in the Legislature, Chamber of Com merce. the press, advertising men’s organization, railways, militia and hotels. From the United Daughters of the Confederacy were named Mrs. Wil liam McCarty, Mrs. J. R. Mobley, Mrs. Dalton Mitchell, Mrs. C. Helen Plane and Miss Alice Baxter. The members of the committees, Governor Joseph M. Brown, Governor- elect John M. Slaton and Mayor James G. Woodward will confer Tues day at 3:30 p. m. * To Deliver Address Dr. McKelway Barred Speech on Creeds by Dr. Poteat Will Be Heard Sunday in Bap tist Tabernacle. Tile address that Dr. A. J. McKel way, chairman of the Southern Socio logical Congress, refused to let Dr. E. M. Poteat, president of Furman Uni versity, deliver at a session of the congress here last week will be deliv ered at the Baptist Tabernacle next Sunday evening. The subject of the address is "American Stewardship.” Dr. Poteat declares his lecture is not a denuncia tion of any creed or religion. Dr. Poteat also will occupy the pul pit of ihe Tabernacle Sunday morn ing. when he will speak on the "Stew ardship of Wealth.” GOVERNOR AT ASHEVILLE TO WATCH CAR STRIKE ASHEVILLE, N.’ C., May 2.—Gov- ernor Locke Craig, Adjutant General Lawrence E. Young and Charles W. Johnson, of the Carolina Power Com pany, arrived here to-day on a special train to take personal charge of the street railway strike situation. Al though there has been no serious vio lence so far, talk of martial law for Asheville is current. Thie is Governoi Craig’s home city. STRIKE THREATENED BY 100,000 RAILWAY MEN NEW YORK, May 2.—A strike vote may soon be cast by the 100,000 train men and conductors employed on the 54 Eastern railroads as the result of the refusal to-day of the railway managers to submit the wage dispute to a board of arbitration. An increase of 15 per cent is asked. LIVE STOCK MARKET. CHICAGO, May 2.—Hogs—Receipts 17.000. Market 5c* lower. Mixed and butchers. $8.25(q8.60; good heavy. $8.35® 8.50; rough heavy. *8.10® 8.30; light, $8.30® 8.70; pigs, $6.75® 8.30; bulk, $8.40 (*/ 8.60. Cattle—Receipts 500. Market steady. Beeves. $7.10®8.75; cows and heifers, /1.35@8.40; Stockers and feeders, $6.15® 8.75; Texans, $6.60®8.00; calves, $7.00® 9.00. Sheep—Receipts 6,000 Market steady. Native and Western, $*.25®6.60; lambs, $6.15® 8.85. BAR SILVER. NEW YORK, May 2.—Commercial bar silver 69toe. Mexican dollars 48c. LONDON’, May 2.—Bar silver steady at 27 11 -I6d. TELEGRAPHERS’ WAGES RAISED. NEW YORK, May 2.—It is said that the Erie officials have granted the te legraphers of that concern an increase of 5 to 9 per cent In their wages, but it is not satisfactory. REGULAR DIVIDEND DECLARED. NEW YORK. May 2.—The American Steel Foundries declared the regular quarterly dividend of one-half of 1 per cent. TO-DAY’S , PORT RECEIPTS. The following table shows receipts at the ports to-day compared with the same day last year: 1913. 1912. New Orleans 1,510 1,618 Galveston 1.531 1.306 Mot.le 17 167 Savannah 1.819 -.581 Charleston 512 710 Wilmington 71 8- Norfolk . 350 1.453 Baltimore New York 110 122 Boston 1 372 Philadelphia 261 Brunswick Various 1.587 i, 181 Total 8.049 **- 9,614 INTERIOR MOVEMENT. \9U. 1912. Houston 1.997 sSiT Augusta 315 176 Memphis 1,034 1,561 St. Louis 1.766 1.269 Cincinnati 138 Little Rock 422 Total 5.112 4,746 Sharp Loss in English Market and Promising Crop News Cause of Declines. ST. LOUIS CASH QUOTATIONS. Wheat—No. 2 red Corn—No. 2 Oats—No. 2 . .109 .. 57 to .. 35 CHICAGO, May 2. Wheat was to®toe lower this morning on the sharp loss at Liverpool, coupled with the larger offer ings In the pit and the general belief that the government May crop report, which is only a few days away, will show the growing plant to be in a most excellent condition with the promise of an enormous yield of winter wheat. Northwestern receipts were more lib eral than a year ago, while Winnipeg receipts were smaller. Corn was lower In sympathy with the weakness in wheat, coupled with the fine weather for farm work. Oats were weak and to® toe lower. Hogs w ‘re 5c low er at the yards this morning. >ut the provision list was fair ly well su itained under short covering. Wheat that was thrown overboard late yesterday and this morning, and on which the bears expected to reap a profit, was covered at losses late to-day. There tvere net gains of %®to from the lowest levels, but the losses for the day were to® too. It was a market that was chock full of manipulative movements on the part of the bulls, but there were nc> flurries of consequence. The cash situation failed to cut any figure, al though sales here w’ere 100,000 bushels to the interior millers. Kit the export bids were generally out of line. Corn whs unchanged to toe lower to c higher. Cash saleH of corn were 145,000 bushels and of oats 175,000 bush els. Oats were %c low-er to to*' higher. Hog products were 10® 15c lower. CHICAGO GRAIN MARKET. High. Low. Prev. Close. Close WHEAT— May.... 91 to 90 to 91 92% July.... 91% 60% 91% 9 ,,! 4 Sept.... 91 % 90 to 91% MW CORN— May.... 55% 54-3 55 55% July.... 56 65% 56 56 % Sept.... 56% 56% 56% 65% OATS— May.... 35 % 35 to 36% 3 6 to July.... 33 Sept.... 35*4 34% 34% 35 34 %> 34% 35 CORK— May. . . . 19.70 19.50 19.50 19.47& July.... 19.65 19.47 to 19.50 19.60 Sept... 19.42 to 19.25 19.30 19.40 LARD— May... 10.95 10.87to 10.87% 10.92% July.... 10.85 10.72 to 10.75 10.82% Sent. . . . 10.85 10.75 10.77% 10.85 RIBS — May.... 11.50 11.47 to 11.47% 11.25 July.... 11.05 10.95 10.97% 10.00 Sept.... 10.87to 10.77 to* 10.77% 10.85 CHICAGO CASH QUOTATIONS. CHICAGO, May 2.—Wheat. No. 2 red, 1.02®'1.05; No. 8 red. 96® 1.01; No. 2 hard winter. 92® 93: No. 3 hard winter, 90®92; No. 1, Northern spring, 02®93; No. 2 Northern spring, 91; No. 3 spring, 90® 91. Oorn No. 2. 56®57to: No. 2 white, 58% ®59; No. 3 yellow. 56' ®56%: No. 3, 55®57to; No. 3 yellow’, 55to® 56; No. 4, 54to®55to; No. 4 while. 56®57; No. 4 yellow’, 54 to® 56%. Oats, No. 2 white. 36%; No. 3 white, 35®35%; No. 4 w’hite, 33%®35; stand ard, 36 86 %. LIVERPOOL CRAIN MARKET. LIVERPOOL, May 2. -Wheat opened to®tod lower; at 1:30 p. m. the market was %® Id lov’er; closed to ®%d lower. Corn opened unchanged; at 1:30 p. rn. the market was to® tod lower; closed to®tod lower. CHICAGO CAR LOTS. Following are the receipts for Friday 1 Friday. Saturday. Wheat .... Corn .... Oats .... Hogs .... .1 54 . 180 .! 130 .! 17,000 34 204 160 11,000 PRIMARY MOVEMENT. WHEAT— 1 1913. 1912. Receipts . . . . . . 1 587,000 I 823,000 Shipments . . . . . 1,140,000 1 591.000 CORN— r Receipts . . . . . . 549,000 I 687,000 Shipments . . . . J 369,000 428,000 GRAIN CLEARANCES. Following are the weekly grain clear ances: Wheat, 516.000 bushels. Corn. 155,000 bushels. Wheat and flour equaled 606,000 bush els. OPINION ON GRAIN. CHICAGO, Mav 2.—-Bartlett, Frazier A- Co.: Wheat—The market will prob ably be lower to-day in sympathy with the weakness abroad, but we continue to feel strong on the cash situation. Corn—The market shows no signs of weakness, although new speculative buying at the moment is rather limited Oats—We prefer the long side of the deferred futures on weak spots. ATLANTA MARKETS I Conditions Shaky In Wool Market KUOS—Fresh country, candled, 15SI 16c. BUTTER—Jersey and creamery, tn l-lb. blocks, 37'iW30c, troel: country, fair demand, DRESSED POULT US—Drawn, dead and feet on, per pound: Hens, 55®5oc, fries, 22to®25c; roosters, tuikeys owing to fatness, 20®22‘i-c. LIVE POULTRY—Hens. 60® 55c; roosters 25® 30c, fries 36®40c, broilers 30 (a. 35c, puddle ducks 30®'35c. Pekins <D®4UC, geese 50® GJe each, turkeys, ow ing to fatness, 15®20c FRUITS AND PRODUCE. FRUITS AND VEGETABLGtf—Lem ons fancy $6.00 grapefruit *2.75® 3.00, cauliflower 10®l2to^ 'b.. bananas, 3c per pound, cabbage $1®1.10 erato, peanuts per pound, fancy Virginia. 6to®%, choice 5to®6c, lettuce fancy $2.50®.300. beets $1.00® 1.25 in half-barrel crates, cucumbers $2.25®2.50. Egg plants (scarce) $2.25® 2.75 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®65c per bushel, sweet pota toes, pumpkin yam 66®70c. strawber ries 10® 12toe per kuart, fancy Florida celery $2.50®3.00 per crate, okra, fan cy 6-basket crates $3® 3.00. FISH. ' FIUH—Bream and perch, 7c pound; snapper, 10c pound; trout, lOc pound; bluetish, 7c pound; pomoaijo. 20c pound; mackerel, 7c pound; mixea fish 5®6c pound; black bass, 10c pound; mullet, $12 per barrel. • FLOUR AND GRAIN. FLOUR— Fostell’s Elegant $7.75, Omega $7.60, Carter’s Rest $7.75, Qual- it> (finest patent! $6.65; Gloria (self- rising) $6.50. Results (self-rising), $6.25, | Swans Down (fancy patent) $6. Victory (the very best patent), $6.65, Mono gram,-$6, Queen of the South (finest patent) $6.CO, Golden Grain $5.60, Fault less (finest) $6.25, Home Queen (high est patent) $5.85, Puritan (hlgheot pat ent) $5.So. Paragon (highest patent) $5.85, Sunrise (half patent) $5.25, White Cloud (highest patent; $5.60. White Daisy (high patent) $5.50, W’hite Lily (high patent) $5.50, Diadem (fancy high patent) $5.75, Water Lily (patent) $5.16, Sunbeam $5.25, Southern S‘ar (patent! $5.23, Ocean Spray (patent) $5.25, Tulip (straight) f-1.15, King Cotton (half pat ent) $5, low grade 98-pound sacks $4. GROCERS. SUGAR—Per pound: Standard granu lated 5c. New York refined 4toe, plan tation 4.85c. COFFEE — Roasted (Arbuckle’s) $24.50, A AAA, $14.50 in bulk; tn bags and barrels, $21; green 20c. RICE—Head 4to® 5Kc, fancy head 5*% ®6too. according to grade. LARD—Silver leaf 13c pound, Scoco tftoc pound. Flake White Stoc pound, Cottolene $7.20 per case. Snowdrift $5.85 per case SALT—One hundred pounds, 53c; salt brick (plain) per case, $2.25; salt brick (medicated) per case, $4.85; salt red rock per hundredweight $1; salt white per hundredweight 90c. Granocrystal, per case, 25-lb. sacks, 75c; salt ozone, per case, 30 packages, 90c; 50-lb. 6acks, 30c; 25-lb. sacks 12c. MISCELLANEOUS — Georgia cane «yi*up 37c, axle grease $1.75, soda crackers 7toe pound, lemon crackers 8c, oyster 7c, tomatoes (2 pounds) $1.65 case. (3 pounds) $2.25. navy beans. $3.25; Lima beans 7toe, shredded biscuit $3 60, rolled oats $3.90 per case, grits (bags) $2.40, pink salmon $7. cocoa 38c. roast, beef $3.80, syrup 30c per gallon, Sterling ball potash $3.30 per case, soap $1.50® 4 per case. Rumford baking powder $2.50 per case. CORN—Choice red cob. 86c. No. 2 white bone dry No. 2 w’hite 78c, mixed 85c. choice yellow 75c, cracked corn 85c. MEAL—-■‘Plain 144-pound sacks 85c, 96- pound sacks 79c, 48-pound sacks 85c, 24-pound sacks 83c. 12-pound sacks 80c. OATS—Fan* li white clipped 54c. No. 2 clipped 53c. fancy white 52c, mixed 51c. CO TON SEED MEAL—Harper $28.50, Cremo feed. $26.00. COTTON SEED HULLS — Square sacks $15.50. SEEDS—(Sacked): Wheat, Tennessee choice Bun 70c, rustproof 60c. Okla* blue stem $1.60. German millet $1.65. amber cane seed $1, cane seed, orange 41. rye (Tennessee) $1.25, red top cane seed $1.35, rye (Georgia) $1.35, blue seed cats 50c, barley $1.25. HAY—Per hundredweight: Timothy, choice. large bales, $1.30. No. 1 small bales. $1.25, No. 2 small, $1.15; Timothy No. T, clover mixed, large bales, SI.25, silver clover mixed hay $1.15. Timothy No. 1, clover mijeed, $1.15; clover hay, $1.10, alfalfa hay. choice green $1.30, No. 1 $1.20, wheat straw’ 70c, Bermuda hay 90c. PROVISION MARKET. (Corrected by White Provision Co.) Cornfield hams. 10 to 12 pounds aver age, 19c. Cornfield hams. 12 to 14 pounds aver age, 18 toe. Cornfield skinned bams, 16 to 18 pounds, average 19toc. 2 Cornfield pickled pig’s feet, 15-pound kits. $1.26 Cornfield jellied meat in 10-pound dinner pail, 12toe. Cornfield picnic hams, 6 to 8 pounds average, 13 toe. Cornfield breakfast bacon 24toe. Grocer style bacon (wide or narrow), 18 toe. Cornfield fresh pork sausage (link or bulk) 25-pound buckets, 12toc. Cornfield frankfurters. 10-pound box es, 12c. Cornfield bologna sausage, 25-pound boxes, 10c. Cornfield luncheon hams, 25-pound box vs 13 toe. Cornfield smoked link sausage. 25- pound boxes, 13toc. Cornfield smoked link sausage, 25- pound boxes, 10c. Cornfield smoked link sausage In pickle, 50-pound boxes, $5.00. Cornfield pure lard, tierce basis, 12%c. Country style pure lard, 50-pound tins. 12 toe. Compound lard (tleree basis), 8toc. D. S. extra ribs. 12%c. D. S. rib bellies, medium average, 13% D. S. bellies, light average. 13toe. FEEDSTUFFS. SHORTS—White, 100-lb sacks $1.7# Halliday, white, 100-lb. sacks $1.7; , Many Mills Will Close Down Until Tariff Changes Are Made—Sales and Values Off. BOSTON, May 2.—Sales of wool have dropped again, with the small business done largely at the expense of values, owing to conflicting re ports from Washington regarding the tariff. The trade is nervous. Dealers and manufacturers are likely to pro ceed cautiously until the bill has passed. Recent sales have reduced to a con siderable extent burdensome stocks of certain grades and the market is now in fairly good shape to meet the proposed tariff changes. Predictions arc freely made that many mills will close dow n for longer or shorter terms or until the tariff uncertainty is removed. Receipts <>f wool in pounds for the week ended and including Wednesday were: 1913. 1912. Domestic 2,009,752 2,639,774 Foreign 961.965 4,333,890 Totals in pounds from and including Januar> 1, 1913, as compared with the corresponding period of 1912 were as follows: 1913. 1912. Domestic .... 23,614,041 36,812,76.* Foreign 35,614.900 uO,28b,537 Totals 58,258.946 87,099,302 dandv middling 100-lb. sacks $1.75, fan cy, 75-lb. sucks $1.75. P. W., 75-lb. sacks $1.00, brown, 100-ib. sacks $1.65. 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. sacks $1.30, Hmneoline $1.60, Genn meal-Homeo $1.60. CHICKEN FEED—Beef scrap, 100-lb. sacks $3.25. 50-lb. sacks $l.Go, Purina Pigeon feed $2.15, Purina baby chick feed $2. Purina scratch, 100-lb. sacks $1.83, 50-’b. sacks $1.93, Purina scratch bales $2.05, Purina chowder, 100-lb. sacks $2, Purina chowder, dozen pound pack ages *2.20. Victory baby chick $2. Vic tory scratch, 50-lb. sacks $1.90, 100-lb. sacks $1.80, wheat, 2-bushel bags, per bushel $1.40, oyster shell 80c, special scratch. 100-lb sacks $1.80. Eggo $1.85, charcoal, 50-lb. sacks, per 100 pounds s2. GROUND FEED—Purina feed, 175-lb sacks $1.65. 100-lb. sacks $1.65, Purina molasses feed $1.55, Arab horse feed. $1.70. Alineeda feed $1.6o, Suerene da'ry feed $1.50. Monogram, 100-lb. sacks $1 60, Victory horsefeed, 10-lb. sacks $1.65; A. B. C. feed $1.55, milk dairy feed $1.65. alfalfa molasses meal $1.75, alfalfa meal $1.40. beet pulp. 100-Ib. sacks $1.55, oof r homa rustproof 50c. ATLANTA LIVE STOCK MARKET. (3y W. H. White, Jr., of the White Pro- vision Company.) Quotations based on actual purchases during the current week: Choice to good steers, 1,000 to 1,200. $6.00® 6.50; good steers, 800 to 1,000, 5.56 •>\ 6.00; medium to good steers, 700 to 850, 5.25® 5.75; medium to good cows, 700 to 800, 4.50® 5.00; good to choice beef cows. 800 to 900. 5.00® 5.75; medium to good heifers, 650 to 750, $4.25® 4.75; good to choice heiler3, 750 to 850, 5.75. The above represent ruling prices of good quality of beef cattle. Inferior grades and dairy type selling lower. I ‘ Mixed to common steers. If fat, 800 to 900. 5.00® 5.75; medium to common cows*, If fat, 700 to *00. 4.50®5.50;mixed com mon, 600 to 800. 3.25®4.25; good butcher bulls, 3.50®4.50. Prime hogs, 160 to 200 average. 8.90®) 9.25; good butcher hogs, 140 to 160, 8.76 >.'9.00; good butcher pigs, 100 to 140, ■’5® 8.75; light pigs, 80 to 100. 8.00®) 8.50; heavy rough hogs, 200 to 250, 8.25 ® 8.75. ' Above quotations apply to cor-n-feci hogs, mash and peanut-fattened hogs, l to ltoc under. Today Is the Day The Market Basket, with its great variety of suggestions and its money - saving prices, appears in to-day’s Georgian. For the busy housewife this feature will save worry, time and money. J FREE THEATER TICKETS and The Atlanta Georgian SECOND COUPON TO-DAY age 1 of to-day’s to-morrow and in Coupon No. 2 of the Free Theater Ticket Series will be found on 1 Georgian. The remaining coupons of the series will appear in The Georgian Ilearst’s Sunday American next Sunday. Cut out and send the four coupons, of consecutive numbers, to our office, by mail. In close a self-addressed, stamped envelope, and we will send you a reserved seat ticket for one of the Miss Billy Long Stock Co.’s plays at the Atlanta Theater . Thousands of tickets are ready for distribution under this unusual offer—the must liberal ever made by a newspaper. Nothing required except the four coupons of consecutive numbers and a stamped, addressed envelope for the return ticket to you. of the A Free Ticket for Every Set of Four Coupons Returnee! HEARST’S SUNDAY AMERICAN and THE ATLANTA GEORGIAN 20 East Alabama Street Atlanta 35 Peachtree Street