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16 TTTF. ATLANTA GEORGIAN AND NEWS. FRIDAY. MAY 2. 1913. CO. SMS ILL • Cosmopolitan’s Purchase of Old Corporation’s Assets Gives Un divided Profit Fund. The* Cosmopolitan Life Insurant- Company, of Atlanta. Georgia. a nev organization bearir.e the name of it old concern, has been licensed by th State of Georgia and is expected p ay an important part in the inaur «nce world. The new company has n relation to the oh] one beyond takin over its assets. The license was Is st.e, after a thorough inspection o the company’ll assets and iidbllities i Had of the nun burking it ( A unique instance in connection with the formation of the company was that the entire amount subscribed had no charge against it, President J. O. Wynn handling this work without recompense. The stock was sub scribed on -a 2 to 1 basis, each »uli st riber for $100 worth of stock putting in $100 to the surplus fund as a Made $20,000 Riclier By Word ‘Peachtree’ Atlanta Postmaster Says He Used Fine Judgment in Choosing Magic Name for Farm. •[ATLANTA MARKETS I Conditions Shaky In Wool Market L Recent Buyers Unload, Fearing, Liverpool Will Retender Its May Contracts. and off* the .Journal more bull et of these her condlt entlment NEW YORK. Mu Hon of May, whi higher. Hie cotton bullish as yesterday, prices tanged from point lower than last hies at first were se etion will hardly pr< esterday % . knnwlolj No Decided Commitments Likely! Until More Positive News Comes From Abroad. opt joint in i not The other initial unchanged to l night's close i'u- erul points higher rued, • t later of this at ra Iff h tout contribution. The com pany starts business with a capita' stock and surplus of $260,036. Undivided Profit Fund. It has a fund of undivided prollis amounting to $108.539.70 acqulr-* 1 from the purchase <»f the assets »f tiie'old company. This does riot in elude stock notes amounting to $137.- 4 78.62. upon which the new cam pan v expects to realize approximately $50.- 000. Thus, say tlie officers of ‘ho . nm- pany. "It is apparent that the sto k of the new company subscribed at a< tual cash of 2 to 1 has a book value of more than 3 to 1 at the outset. The following statement has been given out by the company: • “The Cosmopolitan Life Insurance Company, of Atlanta. Georgia, is m entirely new and independent com pany. It has m* connection with th" old company of that name, excool that it bought its assets at public *«!*• An entirely new company was organ ized to take over these assets. “So great was the faith of Hi? stockholders in the new company that on the day of organization they sub scribed themselves to more than $->0,— ooo of life insurance, against which there is no commission charged. Strong Agency Force. "TITe large acquaintance of Pros! dent Wvnn throughout the Southern States an.l the fact that he is recog- | ni/.rd as an able and successful man age: lias brought in a large number *if applications for agences from men of the highest grades throughout Georgia and other Southern State... and it is safe to say that within a *hort time the comnany "ill have i very strom agency force at work. "While it is the mimosa of the corn- puny to maintain a careful and con servative management at all times, u will be its policy to be as liberal as ilble with its agents and policy e rt» within the law and consistent safe and Conservative conduct of than had been ex- off sharply after market. Southern weath/r reports were f | rather bearish New Orleans was active, j but fluctuated within a moderate rung® during the first fifteen minutes. After he call, the market became weak on general selling by the ring and several brokers who usually represent the larger apot houses In addition to this selling, the market had t<> face Norden & Go average estimate, which gave tiie 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 bring re sold. On tb« decline, July and May dropped 13 points from the initial leve August r ■d 1 points, while late po sitions sustained losses of 9 to II points. The decline was helped along on pros- | poets of bearish mill takings figures and absence of any special news of (he spot situation During the late forenoon the market was uuiet, with prices at the low level It became apparent to-day that May contracts taken up by the foreign in- j terests will be re-tendered here, since j 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 ami very little additional room is available this month. Tills 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 allowed 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 tiie close tiie market was steady with near positions 12 to 16 points low er and distant months 8 *o 10 points lower than the final quotations of Thursday. RANGE IN NEW YORK FUTURES. Liverpool c> ■ if ck and ontrois l Ik fo; easily run a "Hq dimmer me mtha Dallas wi I-OH “T no rain re ported. 'Jhe ling crowd throughout the iin. 1 Jwrpool cables fair, 7.26/1; good filing, 6.72/1 ; low n ordinary, 6. 24d: or • Mitchell i ind 8c 1 ers of July. The i sell on all r allies Following - shows estimate fo r (he c North Ci irollna South Car/ >llna 2 < J< orgln un< ilia ng/M increase. Mlssissip Louisiana i 8 per 5 |M*r cent In/-re; cent Iticrei se. Ari crease, Ter ir.es.-ec average, \: 7 per </ Ozark, AI la., win for cotton / •rop in Postmaster Hugh McKee says he has added $20,000 to hie personal wealth by means of one wori^ “Peach tree" Is the word. Captain George S. Lowndes made the suggestion which enriched Mr. McKee. * “I h$ve decided to call my farm, an 80-acre plot out on Peachtree Road, sy.CHARLES w. STORM. by th. one and only magic name— Nl-;\t vni!K, May 2 Illinois Central Peachtree. Hereafter it is Peachtree f a mixed list at the' farm. And if I want to sell it I will I get a considerable amount more be- • cause of the name.” said Mr. McKee. "You would be surprised to know how people arc using that name and ho;v it Ur spreading all over the coun try. “Letter." are addressed to Peachtree Place. Peachtree Hoad, Peachtree Cir cle. Peachtree Heights. Peachtree Park, Peachtree Avenue and a dozen others of the Peachtree variety. Ev erybody is using the name for every thing.” ' pening gin nlng resulted feature f the stock market to-day, be- t 114 b, for a gain of IV This j talk in bullish id I Among th PaHflc •- ft high Valley I Northern Pi j I 'aclfic L . Amalgamate 1 - Chesapi in 'anadian %. Le af 1913 f’Tlt inc was per I. Alabama 4 per pi 7 per r ent inct cent Increase, ise. Oklahoma per .arisas 6 per cent In i’, p.-r#i ent increase; ■nt increase. >s “Poorest prospect Alabama have known; first planting all to plant over; second planting dying as It comes up; farmers dlshearte ned.” declines w V St. Paul V Missouri Pi ifii V Reading V In ion The advances included Copper V American Can ke and Ohio V Pnlted | Stales Steel common %, Southern Pacific to 'i. New York. New Haven and ■''' Hartford %, New York Central '* and ° Mexican Petroleum % The curb market was dull. Atmricans In London were 1 phrted. Canadian Pacific shaded from its best price. There was a marked improvement in the market during the forenoon. Ai 105% New York, New Haven and Hart ford was up V Copper. Cnlon Pacific. Steel and Chesapeake and Ohio were up %. Illinois Central advanced 1% to 114V Canadian Pacific lost 1% to 236%. The tone In tiie late forenoon was firm. Call monev loaned at 2%. The market closed steady. Govern ments unchanged; other bonds firm. a sc. cent NEW ORLEANS. May Clark: The weather map. -Hayward & . very favor able; it shows cloudy In the western half fair in Hie eastern half, warmer generally and no rain. The map In dicates unsettled anil showery weather in tin- western half, with probable rain in Oklahoma and Northwest Texas. Generally fair in the eastern half. The Id wave remained stationary over the IqvyPsI and last prices of stocks Today's NewYork Stock Market Rockies overnight. Storm warning: Disturbance ever the southern part of Colorado moving east ward will cause moderate to brisk southerly winds this afternoon and to night. Consols entes 22 1 reported I id higher ICd better. French .. o t! B« L My 11.58 11.591140 Jit 11.54 11.54 11.54! Jly ll.65i1L66il1.5li Ag 11.40111.41! 11.37| Sp 11.10 11.10 11.08 i >e 1 1.03 1 1.06 10.92 Nv 1 )c 1 1.06 1 1 "8 10.94 1 .In 11.04 11.04 10.91 Mil 1 1.12 11.12 1 1 12: .41 11 41-42111.R1 Liverpool i 74.04)0 bales; can decrease •a hies: American total, 8!'. 175 bale . 15.310 bales.’' forward. Ameri- Leadlng New vor reaction. York opinions still fa- 11.30,11. , 10.05 10.95- II 04-0.. 0.95 10.01-95 11.03-04 1.12 1 1.03-0411 1.11 po- f 28. x a s \ \ .> in NEW YORK PRODUCE MARKET. N-r\\ TURK. May ii —1‘etrolemn stpu.H . i n»le IVnnsylvuiila 2 .■« Turin mini' -t< 11 nl_,l Kosln i,uii*t. common 4., 5 mn Wool Hctlvo. domestic «<**;<• pullet] scoured basis scoured basis 4K(frio;> Hides improved demand, mom 1!",. branded sleors l»-i'»b'< sicadv. options openod higher. Kb. Xu. 7 on spot nice steady: domestic prime 4% #5% Molasses _ stea kettle 35t&-50. , Sugar, raw active; centrilugal S.S0. muscovado 2-84®f ! 2.8 M sugar 2.61(^2.64. . refined fitm fine granulated cut loaf 4.15 bid. crushed f>.o» A 4 70 bid. cubes 4.50fi4.60. 35(?i 4.45, diamond A 4 3e bid rs A 4.10W4.20. Softs- No. 1 4 004,4 10. (No. 2 is 5 points lower than No 1 ami Nos. 3 to 1* are each 5 points lower than Hie preceding Potatoes firm: white nearby 1.8, «i *.00. Bermudas 3.0047 5.5% Bean.s steady; marrow *n 6.00. pea choice 3.85fr 3.9r>. choice 4.20® 4.30. Dried fruits steady; apricots ‘ holce to fu nrv to^'Vil 'J 1 * apples evaporated “ ■ r.ncv S>.»|*V prunes 30s tu COs to 100s S'zlPt'a. peaches 0.07A4. seeded raisins Closed steady. 4 ©11%. ordinary to New Orleans open 36 (<r molasses Sugar. 4 25 (b4.35. bid. mold powdered •onfectioners OlC€ red 5 ‘•Oil kidney prime 60s 5 ; N bid. choice to fancy choice to fancy 5**6%. modern miller crop outlook. ST I.OL'IS. May : Keports from the nal winter ' of LIVERPOOL COTTON MARKET LIVERPOOL, May 2 This market was due 1o open 4% to 5 points higher on near months and 2% points higher on late positions, hut opened irregular. 5 to 7 points advance on near positions and to 5 points higher on distant months. At 12:15 p in . the market was very steady, (>% to 8 points higher on old crops and o to 6% points higher on new crops. laater the market declined l a point from 12:15 p. m. Spot cotton firm at 12 nointH advance; middling 6 72d sales 10.000 bales, includ ing 8.000 American; imports 18.000 bales. Ivut receipts are to-day estimated at 8.000 bales, compared with 16,982 last week and 9.700 Iasi year, against 11.171 bales for the corresponding week tiie year before. At the close the market was barely steady with prices at a net 1ii$3 points from Thursday ’I’he New Orleans Times-Democrat says “The cotton market swung from intensely bearish to Intensely bullish, and at the. close yesterday outspoken low price men were hard to find. As a matter of fact, the talent was predicting 11 51-52 11 63-64 I 13c for July, whereas at the close Tues- 9-30 11.41-42 day the talent talked freely of the pros- 1-03 11.10-12 ! pect of 9c on the blackboards before very long. Hears said the shade of a once mighty manipulator has crossed the path oT tin* market and scared shorts had to run to cover. Hulls said toj.) many com plaints of damage done by cold weather and of the necessity for replanting were coming in and the position of the short had become untenable. "Students of the market pointed to Hie comparatively heavy exports for the week thus far, to thq rapidly shrinking port stocks and to the sharp loss in stock at several of the leading Southern cen ters. “Liverpool harped on the fact that low grade cotton is needed there, and as sorted that the presence of low-grade cotton in the New York stock will not prevent Hie 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 Below are given the highest. to-day, together vioils close with the pre- Last Prev. ■Stock— High. Low. Sale. Close. Amal. Copper. 74 72% 72% 733*, Am. Ice Sec.. 24% 23' 7 2 24*4 23% Am. Sug. Ref. 111 111 111 111% Am. Smelting 67% 66' 2 66', 2 66' 2 Am. Locomo.. 34 34 34 33% Am. Car Fdy.. 49‘ 4 48* 2 48' 2 49 Am. Cot. Oil.. 44'/ 2 44' ^ 44' 2 44 Am. Woolen . 20 Anaconda 37% 37 37 37% Atchison 99' 8 99 99' 8 99 A. C. L. 120% 120% 120' 2 121 American Can 33' 2 32% 32% 32' 8 do, pref. 92% 923 8 92' 2 92 Am. T.-T. 129 128' 2 oz K cc CM 128' 2 Am. AgricuL. 50 i Beth. Steel . 33 33 33 33 B. R. T 89% 89 89% 88 7 a B. and O 98' 2 98% 98% 98' 4 Can. Pacific.. 240% 238' 2 239*4 2403 « Coi'n Products 10% 10% 10% 10% C. and O Sf,'/ 8 64 64 643 8 Consol. Gas. . l29«/ 2 129*/* 129' 2 129 Cen. Leather. 23% 23'/g 23% 23' 4 CoIq. F. and 1. 31'% 31*/a 31! 2 32 Sharp Loss in English Market and Promising Crop News Cause of Declines. ST. LOUIS CASH QUOTATIONS. Wheat No 2 red 109 Horn—No. 2 67 Vi Oats—No. 2 35 ulvance iin.11 Futures <>pz •ned firm. i tpuifing Range Close Prev. Close. May 6 45 - 6.46 6.41 % 6.38 May-June . . .6.43%- 6.46 6.41 6.38 June-July . .6.41 % - 6.43* > 6.39 6.36 % July-Aug. . .6.3!) - 6.40% 6.36 6 84 Aug.-Sept . , .6.30 - 6.29 % 6.24 Sept.-Oct. . . 6.35 - 6.14% 6.13 6.10 Oct.-Ndv, . 6.07 6.08% 6 05 6.03% Nov.-Dee. . .6.05 - 6.06 % 6.02% 6.00% Dec.-Jan. .6.05 6.01 •« 5.99% Jan.-Feb. 6 04 6.03% 6.01 5.99 Feb.-Mch. . 6 06- 6.05% 6.02 6.00 M. ii - Apr (Mused bare >ly steady. 6.03 % 6.01 tlu- condition the crop and the abandoned acreage on May 1 show there i* a larger vield of wintei "heat in prospect than was ever raised in this country before. .. , The average condition in tin* 1 niteo States is estimated at 92 per cent. The abandoned acreage m the l nil* o States is estimated at 973.000 1 he prospective yield uf the principal win ter wheat States is Ohio, 34.484,000. Indiana. RT'.'rc.tlOO; Illinois M’sBourl. ».• :!St.M0; Nebraska. II (t; Kansas. 118.^78.000; Oklahoma. III*. . 5.000 bushels. LONGS LIQUIDATE WHEAT; LOWER PRICES EXPECTED (’Hll'.UJO. May 2 -The Inter Ocean sitva “The local long interest in wheat las been reduced somewhat of late, 'readers call attention to the efforts to tiie market for a week with indif ferent success ami were Inclined to look fo- lower prices io-da\ should good rains come in Kansas, and if foreign markets show a decline. It is said by those who know that tiie recent heavy selling of corn by th* 1 Ar mour Grain Company has been tu take profits on their purchases of the past two months Bears are talking a larg- * movement, while the'bulls regard the situation as one in which there is little money to be made *>n either side for the mesent Th( v l»elieve that corn is vvortli tl.e money and do not look t"r much change in prices until some now factor develops of sufficient Importance to largely increase trade either way Atlanta mule and HORSE MARKET (Co r *eeted bv the National StockAfarda Com mi 1*1 on Company: C G. Tur ner. President.) Muiei. ^ 14 to 14'-- hands, f $115 to $130“ 34 to U M t- finish * HAYWARD & CLARK’S DAILY COT TON LETTER. NEW ORLEANS. May 2 This morn ing’s map show's that tiie cold wave re mained • tationary over the Rockies dur ing tin* 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 Mexico will move eastward over Northwest Texas and Oklahoma and cause unsettled and ralnv weather in the Western States, while fair weather will continue over the eastern half of th** belt. The cold wave should follow in the wake of the storm area, but nothing definite can he said about its course before to-morrow. While there is no positive political news, the advance in consols ami 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. at 12 (■•obits 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. Now York advices ire still to tin effect that the general diort interest is large, and tiie larger interests are in favor of further reac tion. The eontraet market is quiet, consid ering the possibility of further easiness on bearish mill takings, but the’ v is nr. great desire to sell Whether develop ments over Sunda.v and prospects ef im proving politics hold a tion in suspense NEW ORLEANS COTTON. MILL TAKINGS FOR WEEK 229,000 BALES The visible supply of American cotton during 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 tiie same week the year before. Other kinds during the past week show a de crease of 45,000 hales, compared with a decrease of 25,000 bales last year and an increase of 8.000 bales for the same week in 1911. The total visible supply of American cotton for the week shows a decrease of 182,206 bales, against a decrease of 236. 827 bales for the same week last year Colo. Southern .... D. and H.. Den. and R. G Distil. Secur.. 15' 4 Erie 28% do. pr?f. . . 44'/* Gen. Electric. 139 1 4 Goldfield Cons. G. Western 14' 4 G. North pfd. 126 7 8 G. North. Ore! 32 Int. Harvester 101 1 2 Illinois Central 114* a Interboro .... 14 7 8 do, pref. 51 7 b Iowa Central K. C. Southern 23 K. and T 23' > Lehigh Valley 155 1 8 and i decrease »f 162,640 bales or the corn* iponding we- ek in 1911. W< riel s visible supply: 1913. 1912. , 1911. American 3. 164.802 3.733.997'2 336,724 (>thet kinds . . 1, 4.‘3,000'1.195.000 1 185,000 Total all kinds, i 017.802,4.928.0!'?^ 521.724 World’* spinne •s’ takings: 1913. | 1912. ! 1911 F. r \ eek .. 22 9.000; 334.000 237.000 Si net Sep. 111.13 1.1*00 12,120.000 : 9 680,000 Movement intt sight for week: •19 13. 1912. 1911 Overl'/I w'k. 1 2.189 18.110; 7.287 Sine* Sep. 1 1.128.559, 861,958 Sigh! week. < •;.C89 134.836 59,128 Since Sep. 1 12.9; 1.563 15.064,498 11 230.7 -4 So. e onsuni. 5.000 41,000 28.00 We e kly interie r movement : 1913. 1912 1911. Ue.-e pts 33.602 54,044 25.257 Shipments . 70.212 84.517 ,0.368 Stool . 440,587 300.402 296.311 We ekly export s: | 1913. 1912. since September 1. . .7,656,824 ! .755,298 For week . . . . 169.555 !' L. and N . . . . Missouri Pac. N. Y. Cen. . . . Northwestern Nat'l Lead N. and W North. ?ac... O. and W Pennsylvania Pacific Mail. . *P. Gas Co.. Reading Rock Island. do. pfd . R. I. and S. do. pfd Sloss-Sheft. South. Pac Southern Rwy do. pfd St. Paul ... Tenn. Copper 131' /2 35 101 7 8 131 105' a 114% 30 114% 161' 2 19% 31! 2 23 *4 2*4 >4 76 107' 8 35 15’/4 28% 43% 139' 4 14% 126% 32 101' 2 112% 14* 2 51 •/« 23 23'/4 154 131 34% 101' 2 131 105'/3 114 29' 2 114% 160' 8 19 31% 23 82 97% 24% Texas Pacific Third Avenue 34 34 34 15' 2 34’ 2 Union Pacific 149% 148% 148% 149' 8 U. S. Rubber 64 63 63% 62' 2 Utah Copper. 51 50% 50% 50 U. S. Steel . 60% 60' « 60% 60% do. pfd 107% 107% 107% 107' 2 Va.-Car. Chin. 33 29' 2 29% 32% West. Union. . 65' 2 65' 2 65' 2 65' 4 Wabash 3 3 3 3 do. pfd 9% West. Slec. 61% 61% 61% 61' 2 Wiscon. Cen. 51% Western Md. 39 Total sales 240.000 shares. :‘ZnHHn | Battle Celebration Committees Named Fiftieth Anniversary of Conflict at Atlanta Will Be Observed Here July 22, 1974. President Moore, of the Chamber of t'omniFive, to-day named committees on th*- semi-centennial celebration of the battle of Atlanta, which will be held here July 22. 1914. Selections were made from the local (t. A. Ft. Post, the Confederate Veter ans’ organizations. Gounty Commis sion, Fulton County Representatives in tiie Legislature, Chamber of Com merce. the press, advertising men's organization, railways, militia and hotels. From the l nited 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 Be Heard Sunday in Bap tist Tabernacle. The 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 he fie 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 the Tabernacle Sunday morn ing, w hen he will speak on the "Stew ardship ot Wealth.” GOVERNOR AT ASHEVILLE TO WATCH CAR STRIKE ASHEVILLE. X <\. May 2.—Gov ernor Locke Craig. Adjutant General Lawrence E. Young and (’harles 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 AshevilleMs current. Thie is Governor Craig's home city. STRIKE THREATENED BY 100,000 RAILWAY MEN NEW YORK, May 2.—A strike vote may soon be east by the 1(M),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 tiie 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. $8,115(0 8.60; good heavy. $8.35(&> 8.50: rough heavy, Y8.10(q8..‘ > .0: light, $8.3(>r</>8.70; pigs, $6.75@8.3Q,, bulk, $8.40 @8.60. Cattle- Receipts 500. Market steady. Beeves. $7.10(«8.75. cows and heifers, $::.35@‘8.40: stockers and feeders, $6.15@ 8.75; Texans, $6.60^/8.00; calves, $7.00(d> 9.00. Sheep Receipts 6.000. Market steady. Native anti Western, $5.35(^6.60; latnbs, $6.15(fj 8.85. BAR SILVER. NEW YORK. May 2.- Commercial bar silver Mexican dollars 48c. LONDON'. May 2. Bar silver sicadv at 27 11 16d. CHICAGO. May 2.—Wheat was 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, w-hich 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 'n&Vic lower in sympathy with Hie weakness in wheat, coupled with the fine weather for farmwork. oats were weak and lower. Hogs were 5c lower at the yards this morning, but tiie provision list was fair ly well sustained 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 ltfte to-day. There were net gains of Va from the lowest levels, but the losses for the day were !4<gVaC. It was a market that was chock full of manipulative movements on tiie part of the bulls, but there were no flurries of consequence. The cash .situation failed to cut any figure, al though sales here were 100,000 bushels to the interior millers, but the export bids were generally out of line. Corn was unchanged to %c lower to vc higher. Cash sales of corn were 145,000 bushels and of oats 175,000 bush els. oats were kc lower to %c higher. Hog products were 10@15c lower. CHICAGO GRAIN MARKET. 15% 28' 4 44 139' 4 14% 126% 32 101' 2 112' 2 14' 2 51' 4 23 23' 2 154 131 35 101' 2 131 105' 8 114 29' 2 114% i 60 ■ 8 19-a 31% 23 82 97' 4 24% 76 107' '2 34! o 28% 155 19 1P% 27% 43% 138 1% 14% 126L 2 32 108 113% 14% 51 7 23% 22' 2 154% 130% 34% 101% 130 49 105 114% 29% 114' 4 22 109% 160% 18% 31' 2 22' 2 82« 4 30 97% 24' 2 76% 108% 343 4 Prev. High. Jx>w Close. Close WHE. IT-— May . . .. 91% 90% 91 92’, July. 90% 91 », 92% Sent. . . CORN 91% 90% 91 H 92% May. . 55% i75 i>o% July.... 56 55% 56 56% Sept.... 56% 56% 56% ott • OATS May ... 35% Hot* 35% 35% July.... 35 34S 34 T, 35 Sept.... 35% 34% 34’, 35 PORK — May . 19.70 19.50 19.50 19.471* July.... 19.65 19.47% 19.50 19.60 Sept.... 19.42% 19.25 19.30 19.40 L 4 RD — M ay.... 10.95 10.87% 10.87% 10.32% July... . 10.85 1.0.72 y, 10.73 10.82% Sept.... 10.85 19.75 10.77% 10.85 RIBS May. . . . 11.50 11.47% 11.47% 11.25 July. . . . 11.05 10.95 10.97% 10.00 Sept.... 10.87H 10.77% 10.77% 10.85 CHICAGO CASH QUOTATIONS. CHICAGO, May 2.—Wheat, No. 2 red, 1.01 ® 1.06; No. 3 red, 9601.01; No. 2 hard winter, 92(5/93; No. 3 hard winter, 90&92: No. I Northern spring. 02(^93; No. 2 Northern spring, 91; No. 3 spring. 90(0)91. Corn No. 2, 56^57%: No. 2 white. 58% (0)59; No. 3 yellow. 56 1 %i56%; No. 3, 55(0 57%; No. 3 yellow. 5656 No. 4. No. 4 W'hite, 56@57; No. 4 yellow, 54}6@55%. Oats, No. 2 white. 36%: No. 3 white, 35(035%; No. 4 white, 33%®35; stand ard, 36% @36%. LIVERPOOL GRAIf^ MARKET. LIVERPOOL, May 2.—Wheat opened %@%d lower; at 1:30 p. m. the market was ;%<g>ld lower; closed %@%d lower. Corn opened unchanged; at 1:30 p. m. the market was %@%d lower; closed %@%d lower. CHICAGO CAR LOTS. Following are the receipts for Friday and estimated for Saturday I Friday. Saturday. Wheat 54 34 Gorn . « . . . 180 204 < )ats 130 160 Hogs 1 17,000 11,000 PRIMARY MOVEMENT. WHEAT— I 1913. 1912. Receipts 587,000 ( 323,000 Shipments .... . 1,340,000 | 591.000 CORN— i i Receipts ..... 649,000 | 687.000 Shipments .... 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. 1 OPINION ON GRAIN. CHICAGO, May 2.—Bartlett. Frazier &• 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 show's 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 w eak spots. EGGS—Fresh country, candled, 15® 16c. BUTTER—Jersey and creamery, In l-lb. blocks, 27%@80c. fresh country, fair demand, 17%i& , 22Vf:c. DRESSED POULTRY— Drawn v head an/1 feet on, per pound: Hens, 55@55c; fries, 32%©25b; roosters, &^iU. turkeys owdng to fatness, 20@22V$»c. LIVE POULTRY—Hens. 60@55e; roosters 25@30c, fries 35@4uc, broilers 20@35c, puddle ducks 30(t|)35c, Pekins 35@ 40c, geese 60@ 60c each, turkeys, ow ing to fatness, lS@20o. FRUITS AND PRODUCE. FRUITS AND VEGETABLES—-Lem- ons fancy $6.00 grapefruit $2.75@3.00. cauliflower 10@12!ac lb., bananas, 3c per pound, cabbage #1@1.10 crate, peanuts per pound, fancy Virginia, 6V^@7c, choice 5%@6c. lettuce fancy $2.50(<i'.30U, beets $1.00@J.25 in halt-barrel crates, cucumbers $2.25@>2.50. Egg plants (scarce) $2.25@2.75 per crate, pepper $2.60@2.76 pfer crate, to matoes fancy, six-basket crates $2.25@ 2.75, pineapples $2.50@)2.75 per crate, onions 60@60c per bushel, sweet pota toes, pumpkin yam 65@70e. strawber ries 10@12%c per kuart, fanefy Florida celery $2,50@3.00 per crate, okra, fan cy 6-basket crates $3@3.00. FISH. FIsJH—Bream and perch, <’c pound; snapper. 10c pound; trout, 10c pound; bluefish, 7c pound; pomoano. 20c pound; mackerel. 7c pound; mlxeu fish 5@6e pound; black bass, 10c pound; mullet, $12 per barrel. FLOUR AND GRAIN. FLOUR—Bostell’s Elegant $7.75, Omega $7.50, Carter’s Best $7.75, Qual ity (finest patent) $6.65; Gloria (self rising) $6.60. Results (self-rising), $6.25- Swans Down (fancy patent) $6, Victory (the very best patent), $6.60, Mono gram $6, Queen of the South t finest patent) $6.60, Golden Grain $5.60. Fault less (finest) $6.25, Home Queen High est patent) $6.85, Puritan (highest pat ent) $5.85, Paragon (highest patent) 15.85, Sunrise (half patent) $5.25, White Cloud (highest patent) $5.50. White Daisy' (high patent) $5.50, White Lily- thigh patent) $5.50, Diadem (fancy high patent) $5.75, Water Lily (patent) $5.15, Sunbeam $5.25, Southern Star (patent) $5.25, Ocean Spray (patent) $5.25, Tulip (straight) $4.la, King Cotton (half pat ent) $5. low grade 98-pound sacks $4. GROCERS. SUGAR- Per pound: Standard granu lated 6c. New York refined 4%c. plan tation 4.85c. COFFEE — Roasted (Arbuckle’s) $24.60, AAA A, $14.50 in bulk; in bags and barrels. $21: green 20c. RICE—Head 4%@5%c, fancy head 5% @6%c, according to grade. LARD—Silver leaf 13c pound, Scoco 8%c -p ound. Flake White 8%c pound, Cottolene $7.20 per case. Snowdrift $5.85 per case. SALT—One hundred pounds. 53c; salt brick (plain) per case. $2.25; salt brick (medicated) per 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. sacks, 30c; 25-lb. sacks 12c. MISCELLANEOUS — Georgia care syrup 37c, axle grease $1.75. soda crackers 7%c pound, lemon crackers 8c, oyster 7c, tomatoes (2 pounds) $1.G5 case, (3 pounds) $2.25. navy beans, $3.25; Lima beans 7%c, shredded biscuit $3 60, rolled oats *3.90 per case, grits (bags) $2.40, pink salmon $7. cocoa 38c, roast beef $3.80, 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 white 78c. mixed 85c. choice yellow' 75c, cracked corn 85c. MEAL—Plain 144-nound sacks 35c, 96- pound sacks 79c, 48-pound sacks 85c, 24-pound sacks 83c. 12-pound sacks 80c. OATS—Fa nek While 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 Burt 70c, rustproof 60c. Okla* blue stem $1.60. German millet $1.65. amber cone seed $1, cane seed, orange $1, rye (Tennessee) $1.25. red top cane seed $135. rye (Georgia) $1.35, blue seed oars 50c, barley $1.25. HAY Per hundredweight: Timothy, choice, large bales, $1.30. No. 1 • small bale? $1.25, No. 2 small. $1.15; Timothy No. 1, clover mixed, large bales, $1.25. silver clover mixed hay $1.15. Timothy- No. 1. clover mixed, $1.15; clover hay, $1.10, alfalfa hay, choice green $1.30, No. 1 $1.20. w’heat 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% e. Cornfield skinned hams, 16 to 18 pounds average 19%c. 2 Cornfield pickled pig’s feet. 15-pound kits, $1.25 Cornfield Jellied meat in 10-pound dinner pall, 12%c. Cornfield picnic hams, 6 to 8 pounds average, 13V 2 c. Cornfield breakfast bacon 24%c. Grocer style bacon (wide or narrow), 18%c. Cornfield fresh pork sausage (link or bulk) 25-pound buckets, 12V 2 c. Cornfield frankfurters, 10-pound box es. 12c. Cornfield bologna sausage. 25-pound boxes, 10c. Cornfield luncheon hams. 25-pound boxes. 13 %c. Cornfield smoked link sausage. 25- pound boxes, 13%c. 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%c. Compound lard (tierce basis). 8%c. D. 8. extra ribs. 12%e D. S. rib bellies, medium average. 13% D. S. bellies, light average. 13V^c. Many Mills Will Close Down Until Tariff Changes Are Made-Sales and Values Off. BOSTON. May 2. have dropped again, business done largely of values, owing to -Sales of wnnl with the small at the expense 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 are freely made that many mills will close down for longer or shorter terms or until the tariff uncertainty is removed. Receipts of wool in pounds for the week ended and including Wednesday were: ' 1913. 1912. Domestic 2,009,752 2.659,774 Foreign 961,965 4,333.890 Totals in pounds from and including January 1, 1913, as compared with the corresponding period of 1912 were follows: 1913. Domestic .... 23,614.041 Foreign 35.644.905 as 1912. 36,812,765 50,286,537 Totals 58,258,946 87,099,302 dandy middling 160-lb sacks $1.75, cy, 75-lb. sacks $1.75. P. W.. 7j7-lb. s: fan cy, 75-lb. sacKs j>i.(o. i'. w.. (u-iu. sacks $1.60. brown, 10^-Ib. sacks SI.55. Georgia feed, 75-lb. sacks $1.55, clover leaf, 75- lb. sacks $1.60, bran, 75-lb. sacks $1.30, liiO-lb. sacks $1.30. 50-lb. sacks $1.30, Homeoline $1.60, Germ meal-Homeo $1.60. GHICKEN FEED—Beef scrap. 100-lb. sacks $3.23. 50-lb. sacks $1.65, Purina pigeon feed $2.15, Purina baby chick- feed $2, Purina scratch. 100-lb. sacks 51.85, 50-lb. sacks $1.95. 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-Ib. sacks $1.80. wheat, 2-bushel bags, per b*ishel $1.40, oyster shell 80c, special scratch, 100-lb sacks $1.80. Eggo $1.85, charcoal. 50-lb. sacks, per 100 pounds $2. GROUND FEED- Purina feed. 175-lb. sacks $1.65, 100-lb. sacks $1.66, Purina molasses feed $1.55. Arab horse feed $1.70. Alineeda feed $1.65, Suerene dairy feed $1.50. Monogram. 100-lb. backs $1 60. Victory horsefeed, 10-lb. sacks $1.65; A. B. C. feed $1.56, milk dairy feed $1.65. alfalfa molasses meal $1.75, alfalfa meal 51.40, beet pulp. 100-lb. sacks $1.55, horna rustproof 50c. ATLANTA LIVE STOCK MARKET. (By 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, 5.50 'll*;.00: medium to good steers, 700 to 850, 5.25<&5.7o; medium to good cows, 700 to S00, 4.50(h 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 heilers, 750 to 850, 5.75. The above represent ruling prices of good quality of beef cat»le. Inferior grades and dairy type selling lower. Mixed to common steers, if fat. 800 to 900. 5.00(^5.75; medium to common cows, if fat, 700 to 800. 4.50(ft5.50;mixed com mon, 600 to 800. 3.25(^4.25; good butcher bulls. 3.50(1/4.50. Prime hogs. 160 to 200 average. 8.90(0) 9.25; good butcher hogs. 140 to 160, 8.75 >i .i.vO; good butcher pigs, 100 to 140, • VqS.To; light pigs, 80 to 100, 8.00Ca* 8.50; heavy rough hogs, 200 to 250, 8.25 (a 8.75. Above quotations apply to coin-fed hogs, mash and peanut-fattened hogs, 1 to l! .c under. FEEDSTUFFS. SHORTS—White, 100-lb sacks $1.7/ Hallioay. white. 100-lb. sacks $1.7: /f = Today is the Day The Market Basket, with Its great variety of suggestions and its money •• saving prices, to-day’s appears* i Georgian. For the busy housewife this feature will save worry, time and money. J rough, good ages, ill quality, $155 to rough, $130 to $170 finish, 4’.80 to $205. alitj and finish. *20c 14% to 15 hands. 15 10 13% hands lt> hands, with 0 o S23V. 16 hands, heavy chunk. •>50 % 1,400 pounds. $255 Horses. Southern chunk horses 110. southern ciiurk. finish. $110 t< Qi otat ons in cotton futures: rr 1 * . ■ «*’ & M t j » — J c | * ale ‘ / 1 !* * C 3 o CD v I LU My“ IST( uifTToTiT ToiT5 i:’ 12 Jn .. 1.9-94 12 02-04 .ilv iin. ii.96iii.84 ii S5 ' 1.84-85 11 95-96 Ag 11.51 ! 11.65 J 1.4 211 44 1 1.44-45 1 1 55-57 Sp .. ‘11.15-17 11 27-29 Oc 11.11 ii io ii.o:%ii or* 1.04-05 D 13-14 j Nv .... 1.04-05 . . Dc 11.11 1115 1 L<*.' 11 03 11.03-04! 11 13-14 • Jn 11.14 11.15 11.05’11 07 1.07-08 1 1 16-18 ; 1.05-07 11 14-16; 1 Ih . L09 H 19 reighing form to >330 from COTTONSEED OIL r)riving horses, quality and finish, I in prior from $160 to $210 r drt M«ht horses, rough. $160 to ontr ■1 7.00" THE WEATHER. Conditions. WASHINGTON. May 2. With the ex oeption of light local rains 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 w-night anil Saturday. Alabama and Mississippi—Fair to night it ml probably Saturday. T» nucssoe and Kentuck> Fair to night ami Saturday; continued warm COTTON MARKET OPINIONS. * i.eg.m A- Bryan W o 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 favorable reactions. Thompson. Towle A- Co.: Would not sell short except oti some definite ad- Norden <V Go.: We would not be sur prised to see a further advance. Miller & G We believe the present advance simply otters a better selling Ex-dtvidend 1% per cent. SPOT COTTON MARKET. Atlanta, nominal; mi/idling 11%. Athens, steady: middling 12c. Macon, steady: middling 12c. New Orleans, steady; middling 11%. Now York, quiet : middling i i S3 Philadelphia, quiet; middling 11.96. Boston, quiet, middling 11.85. Liverpool, firm; middling 6.72d. Savannah, steady: middling 12c. Norfolk, steady; middling 12c. Augusta, steady; middling 12o M< bile.’ nominal; middling 11% Galveston, steady; middling 12% Gharleston, quiet; middling 11% Wh uington. nominal. Little Rook, dull: middling 11%. Baltimore, nominal: middling 12c. Memphis, quiet; middling 12%. St. Louis, quiet; middling 12% Houston, stead> ; middling 12%. Louisville, firm: middling 12%. Greenville, quiet; middling U%. Charlotte, steady; middling 12c. 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.—Tiie American Steel Foundries declared the regular quarterly dividend of one-half of 1 per cent. TODAY'S PORT RECEIPTS. NEW YORK COPF-E MARKET. Coffee quotations: Opening. Closing. T t. 25(If 1 .30 11.30'(il!.32 U.-.G-i 11.30 11.31 (g 11 MONTHLY CHOP MOVEMENT. sight during the chI 553.037 bales. 11.26 11.27 Sill U. 33*i 11.34 1.33 11.33^/ 11.84 UL-99/ii 11.01 1L01(« 11.06 VI .09® 11,11 11.187/11.20 il 11.30 11.2 e 11.29® 11.: 0 bags. The* following table shows receipt* at the ports to-* lay compared with the same day laPt y ear: | 1913. | 1912. New Orleans. .. Galveston 1.610 1.531 1.618 1.306 Mobile 397 167 Savannah 1,819 2,581 Charleston 512 710 Wilmington ... 1 Si, Norfolk 350 1.453 Baltimore New York iio 122 Boston Philadelphia . . . i 261 372 Brunswick 1.587 i.isi Various ........ 22 Total 8.049 1 9.614 INTERIOR MOVEMENT. 1913. 1912. Houston 1,997 1 890 Augusta 315 4 16 Memphis 1.034 1,561 St. Louis 1.766 1.23s Cincinnati 138 Little Rock 422 Total , 5.112 4.746 FREE THEATER TICKETS and The Atlanta Georgian SECOND COUPON TO-DAY Cftupon No. 2 of the Free Theater Ticket Series will be found on Page 1 of to-day’s Georgian. The remaining coupons of the series will appear in The Georgian to-morrow and in Itearst ’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 . most liberal ever made by a newspaper. Nothing required except the four coupons of consecutive numbers and a stamped, addressed envelope for the return of the ticket to you. A Free Ticket for Every Set of Four Coupons Returned HEARST’S SUNDAY AMERICAN and THE ATLANTA GEORGIAN 20 East Alabama Street Atlanta 35 Peachtree Street •