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V 16 THE ATLANTA GEORGIAN AND NEWS.WEDNESDAY, MAY 7, 191.1. MILE TRADE Fall River Plants and Close. Textile trade »r© satisfactory Iron Works Mills, and close. Thl? 1s the consensus of opinion of the leading: totton mill men of Atlanta. While tariff agitation is under way, trade is elack. Whichever way the tfcrlff is .settled, whether favoring <»r hampering the mills, demand will pick up at once. Meanwhile, the spindles are, and probably will con tinue to run at full time all sum mer. Not Taken Seriously Here. The Eastern Press has been mud excited over the closing of the Fall River Iron Works Mills Here, the closing of these mills is not taken seriously. The Fall River Iron Works Mill never were well organized, and never were run economically, say Atlanta t-extil© men. The result has been that Just now It is cheaper for the American Print Cloth Company to buy goods in the gray from better managed mills than It Is to produce goods in the gray in tUeir own plant, the Fall River concern “Of course, this is being used as a weapon to prevent .serious cuts in the tariff, but those who are well in formed are not deceived by the move,” say© A. F. Johnson, President of the Exposition Mills. Denies Tariff Charges. "The truth of the matter 1s that It ha_s proved cheaper to buy gray goods from other looms rather than operate the looms at Fall River. As to the charge which is being sired in the East to the effect that the tariff hill has been framed In the benefit of Southern mills, that Is ridiculous If a tariff were framed to favor the coarser numbers which the Southern mills spin, isn’t it rea sonable to suppose that the Eastern mills would turn to coarser numbers, thus increasing competition in those grades, and th^ the bill would end by defeating its object? Many strange things come out of the East, as soon as a tariff bill comes up for discussion.” PORT RECEIPTS. The following table shows receipts at the ports to-day compared with the same day laet year: 1811 I 1818. New Oriean*. . 1.319 1,135 Galveston. . . . 1,460 1,771 Mobile . . . 81 72 Uvannah . . . 2.376 1.168 Charleston. . . 275 176 Wilmington. . . 196 373 Norfolk 540 757 Boston ... 27 . Philadelphia. . 100 , V arimiH • I I 20 074 5,81.1 INTERIOR MOVEMENT. ma. ma. Houston 808 888 A U gU S' t H . 163 ! 1,497 Memphis. . . . .141 1,173 St I/ou’s 1,321 ! 1.619 Cincinnati. . 807 1.260 Little Rock. . . 47 Total 3.430 6,441 - Today' s New York Stock Market Laat Prev. STOCK- High. Low. Sate. Clote. I Amal. Cop. 76% 74% 75' 2 74' 2 J Am. Ice Sec. 25 25 25 j Am. Sun- Ref 1 1 ' 2 nr 2 111' 2 111 Am. Smelting 6F. 67 67 66% I Am. Loc. 33 Am. Car Fd 49 | Am. Cot. Oil 44 ^4o. Pacific 35 Am. Woolen 18 j Anaconda 38 V, 38' 4 38' 4 38% Atchlaon.. . 98% 99 „ 99% 99' .. | A. C. Line 120 Am. Can 33% 33 33* 4 32% ! do. pfd. 92' 4 j Am. Beet Sg 31 2 Am. T. and T. 128% 128% 128% 128 Am. Agrl.. 49 Bethlehm Steel 33 33 33 Bklyn R. T. 90 % 90 90 89', 2 B. and O. 98' , 98 , 98' , 98 Cana. Pacific 242' ? 241 '/ 2 241Va 245% | Corn Prod. 10-/4 Chet, and O. 64 62'% 63% Conaol. Qaa. 129'/, 129' 1»/, 129 Cen. Leather 222 % 222% 222% 224',, Colo. F and 1 31' 2 Colo. South. 28' 2 Dela. and Hd. 155 O. and R. O. 19% Distill. Sec. 1#'/4 Erie 28% 28% 28% 28% do. pfd. . 43% Gen. Elec.... 138 Goldfield Con. 17'/, Great Weat. 14% Gr. North, pfd 127 126'/, 127 126 Gr. Nor. Ore. 34 33', 4 34 32% Inter. Harv. 104 III. Central 113 113 113 113'/a Interboro . 14% 14% 14% 14'/ 2 do. pfd. . 30% 50' 2 50'a 50% Iowa Cen. 7 K. C. South.. 23 K. and T. 23% 23% 23% 24'/, do. pfd. 59 L. Valley . 155 154' 4 164' 4 154% L. and N. 131 131 131 131 Va Mo. Pacific 35 N. Y. Central 100't 100'/ 4 100% 100'/ 4 Northweat.. 128'/, Nat. Lead 148'/ a N. and W. 106 105% 106 105 No. Pacific 114' £ 114% 114' , 114% O. and W. . 29 Penna . 1121/, 112 112 112 Pacific Mail 221 2 22% 22'/ 2 22% P. Gaa Co. . 109' 2 109'/ 2 109'Za 109 P. Steel Car 25 Reading 161% •161 161% 1G1 1 4 Rock laland 20' 2 20'% 20' '2 20 do. pfd. 33' 4 33 33 32% R. 1. and Steel 29! • do. pfd.. 82 S. Sheffield 29 So. Pacific. . 95% 95' 4 95% 95% So. Railway . 24% do. pfd. 77 77 77 76'/* St. Paul. . . 107% 107% 107' 4 107 Tenn. Copper. 351/a Texaa Pacific 16 Third Avenue 341/4 Union Pacific 148% U. S. Rubber 63', 2 63 63 63'/, Utah Copper. 51% 51'/, 51' , U. S. Steel . . 60% 60' 4 60'4 60% do. pfd.. 106% 106' 2 106% 106'% V.-C. Chem. . 28% 28% 28% 28'/, W. Union. . . 65 Wabaah 3 do. pfd.. . . 9* i 9 2 9% W. Electric. . 61'/a W. Maryland 39 COTTON CHICAGO CAR LOTS. Following are the receipts for Thurs* day and estimated for Friday: IThursdav i Friday. Wheat . . . . . / 49 (Torn . . . . . . 189 129 Oats . . . . . .! 161 I 159 Hogs . . ... 34,000 j 18.000 PRIMARY MOVEMENT. WHEAT— 1913. 1912. Receipts 670.000 345,000 Shipments 430,000 643.000 CORN— Receipts.. 414.000 638.000 Shipments . . . . . . . 330,000 504,000 SPEED AND COURTESY Oar Operators are trained to be uniformly effi cient and courte ous. That is why it is always a pleas- ure to use the Atlanta Tele phone. Ask our Sub scribers. ATLANTA TELEPHONE & TELEGRAPH CO. COTTON GOSSIP NEW YORK, May 8—The Liverpool cotton exchanges will he closed May 10, 12, 16 and 17. • * * Liverpool cables: "American forward 48,889 hales total 5,865, American de crease 16.63G bales." * * * Newnan, Ga.. wires: "Steady rains all night. Look general." # * + The market was sold heavily to-day on sumo reports of good rains in the eastern belt and prospects for more. • * • Augusta. Ga., wirgs: "We. hear of scattered rains. Showers are predicted in the next 48 hours." * ♦ Charleston wires. "God rains in this territory yesterday and last night." t t * New York dry goods show a better tone, also better demand and many say the stocks in dealers’ hands are small, probably waiting on price developments because of tariff revisions. * * * According to a correspondent of 11. F. Hmhmann acreage in the Fort Smith j section of Arkansas? is fully 10 per cent i larger than last year. Ninety nor cent j of the crop is planted and indications I point to a good stand 'Phis report ap plies to western Arkansas and Okla homa. \ It was said yqigterdav that Carolina mills were calling for cpiton in rather , large lots. • • • Emphasis is centered op new crop positions. The fear of the predicted "squeeze" in July option has been dis counted for the moment • * • NEW ORLEANS, May S Hay ward | ik Clark: "The weather map is favor able. lLshowa cloudy In Alabama awl the Atlantic^, generally fair in the rest of the belt with warm and seasonable temperature? Nice rains at Meridian, Miss., and scattered showers in Ala bama and the Atlantics. mostly light, are shown: no general rain yet Indi cations are for unsettled weather and scattered showers in the Eastern States. Oklahoma and west Texas; generally fair in east Texas ami the central belt." • • • Washington announces that the cot ton acreage report will be issued July 3. • * * Vicksburg. Miss., says: "With the river falling dally hopes are centered now on navlng planting operations in full force next week in many places." • • • The New Orleans Times 1 »etnocrat says: "Preponderance of professional opinion still favors the short side, con sequently the cotton market Is called by the majority 'right’ when it de clines. and 'wrong* when it advances "For this reason the loudest explana tions of yesterday’s advance were that the manipulator was again at work; that the new crop is doing as well as at this lime in the big crop year; that temj>eratures are more favorable than last year, and that the underlying bear ishness of the general situation is being overshadowed by other things The hull replied: 'It is a mistake to imagine the crop is doing as well as lit the big crop year, thus, the fate of the new crop is still in the balance. \s for the old crop, there can not be much < anger hen there it, a do- >tton at prices Veil the long si rrand for actu above a future "In other words, the m may take his choice of arguments Rut the ma seems to prefer to rog; as a scalping affair, and irgly. | p to last night, ra Mississippi River had m of the dry placefe Rain the way. .but until it o« shorts njaM * inward I v anxious fAat. no mat thev rutv a not a r out war. fern GOLD SUPPLY France and Germany are Forcing National Banks to Accumulate Tremendous Reserve. By B. C. FORBES. President Wilson has nothing but contempt for bankers—he scorned the idea of having one in hie Cabinet, since he wanted only honeat col leagues—and now the Treasury De partment is obediently snapping its fingers at experienced bankere who are raising warnings that the bank ing situation needs careful handling. Secretary McAdoo's sudden and in explicable decision to scatter $10,000,- 000 Government cash among the na tional banks is roundly condemned by bankers, who declare that suoh ac tion is simply an incentive to credit inflation already alarming, and that the Treasury may have need for a distributable surplus before the year ends. • • • The Bank of France on Monday paid a premium of $10,000 to force $2,000,000 American gold out of this country and into its vaults. It has taken $25,000,000 of our gold since New Year. • • • Germany has given orders that the Reichsbank's stock of gold must be increased at any cost. The institu tion has piled up fully $250,000,000 for the first time in its history, and is hungry for mors. • * * The Bank of England has not one- quarter the amount of specie already collected by the Bank of France and has not a great deal more than half as much as the German Imperial Bank. Both Frarvce and Germany hold more gold than a year ago, but Eng land reports less. An American visitor recently pre sented a letter of credit to first one French bank and then another and asked 500 francs ($100) in gold. All refused. Not a grain of the yellow metal is willingly parted with by either French or German banks. Hoarding has been carried to lengths unimagined here. Says President Alexander, of the Bank of Commerce, in a .special cable to The Georgian from London: “It is almost impos sible to obtain gold in France at pres ent, while there is an equal scarcity in Germany.” The conditions are sim ilar to those ruling in America dur ing the panic of 1907 and other mem orable financial crises. Gold is at a premium, yet both France and Ger many are adding to their bank sur pluses regardless of cost, ao anxious are they to pile up the metal. • * • At home, how goes it? Our Na tional banks have expanded loans some $300,000,000 within the last twelve montns, but instead of justi fying thir by strengthening their re serve they have lost more than $50,- 000,000 oash. In Other words, loans are inflated one million dollars every business day, despite a shrinkage in cash of a million dollars every week. This alarming process is still going on—merrily, so far, but tragedy courted. New York, be it said, is tak ing no part in the inflationary move ment, for it is aware of the danger involved. • • • How does the Treasury Department act in face of threatened trouble dur ing the autumn? Does it buttress its position so as to be able to meet emer gencies? No. It incites further loan expansion by taking $10,000,000 from the nation's vaults and scattering it among hundreds of banks—this, too, without any known suggestion from the banks that Treasury funds should be depleted. Gold that will do pos tive harm now might have been kept in readiness to stem trouble later, • • • Bankers call this deplorable. But, then, bankers are knaves, according to President Wilson and his advisers Were they as anxious to "put the Administration in a hole” as is some times alleged, these bankers would encourage the complete emptying of the Treasury now, thereby destroying the only weapon available to fight the real trouble that is feared when rec ord-breaking crops have to be har vested and marketed. Knowledge that the Government’s reserve had aH bean used—misused—to foster credit ex pansion would effectively incite disas ter should emergencies arise. • * * Are bankers acting the part of un scrupulous schemers whan thay urga that the United States Treasury De partment should conserve its re sources at present, that the depart ment should look across the Atlantic and study what is going on there; that it should take note of the arbi trary withdrawal cf millions of gold from America to Europe when ex change quotations do not justify such ction. and that the Secretary of the Treasury should seek counsel from those who have spent their lives in diagnosing domestic and interna tional monetary developments? The one saving feature of the posi tion is that, despite certain published •snatches to the contrary, currency . legislation WILL be brought forward I this session. May 11.42111.42 11.38 11.38111.37-39 June .*. r.J... . 11.43-45 July . 11.51 11.54 11 44 11.48 11.46-47 Aug 11.31 11.32 11.25 11.29 11.25-27 Sept. . . 11.06-08 Oct. . ii.o.i ii os 10.98 10.98 10.99-11 Dec. . . 11.04 11.06 10.98 10.99 11 .00 Jan 11.03 11 .04 10.97 10.98 10.78 Mch. . . . U.12|ir.l2 11.07 11.07 11.05-06 i NEW YORK, May 8.—There was good { buying at the opening of the cotton mar- i ket to-da^ and first prices were 4 to 8 point** better than lant night’s close. The market war at first strengthened on continental buying, but later weak ened on heavy selling, Inspired chiefly by reported rains in the eastern and I central belt, where rains are badly needed Prices immediately fell H to 7 | points from the opening level and re- • reived very' little support. The bulls, j however, predicted further upturns in | rase rains are not as good as first re ported. j Further weakness in the spot situation also was a factor In depressing prices. The weakness in the actual came in the face of reports that the Carolina mills were asking for cotton. The report was given very little attention and fell flat on the market. The weather map was very favorable overnight and the detailed Government record* show pretty good rains in the Eastern States. Indications are for fair, warmer to showery' weather over the larger part of the belt for the next 48 hours. The w’eek-end figures to-morrow are expected to he unfavorable for compari son. Mill takings to-morrow will be compare*! with 311,000 bales for the same week last y'ear. The market during the afternoon .ses sion was rather quiet with the trading attributed mainly to professionals. Wall Htreet continued to sell, also the ring scalpers. Price movement was narrow and practically unchanged from the low level Following are 11 a. m bids in New York: May, 11.38; July, 11.47; August, 11.26; October. 11.00; January, 10.99. Following are 10 a m. bids In New Orleans: May, 12.13: July, 11.94; August, 11.65; October, 11.12; January, 11.14. Estimated cotton receipts: Friday. 1912. New Orleans 1.000 to 1.200 2,673 Galveston 1.800 to 2,800 »3,612. NEW YORK COTTON. Quotations In cotton futures: GRAIN CHICAGO, May 8.—Wheat was firmer this morning on the reported export takings of 640,000 bushels of wheat for export yesterday, coupled with the smaller offerings in the pit and the strength shown at Liverpool, Northwest ern receipts were considerably in excess of a year ago, but smaller than a week ago, and Winnipeg receipts were smaller than a year ago. Corn was a trifle lower on increased offerings in the pit, but this was only for deferred months Oats showed but little change, yet the feeling was easier. Provisions were 2% to 7%c lower. CHICAGO GRAIN MARKET. irain quotations: High. I ^ast! Prev. Tone quiet. LIVERPOOL COTTON MARKET. JVERPOL, May 8.—This market was due to open unchanged to %d higher, but opened steady, at a net gain of 2% to 3 points on near positions and 3% to 4 points higher on distant months. At 12:15 p. m., the market was quiet and steady, 2 to 3 points. Spot cotton 4 points higher; mid dling 6.66d; sales, 7,050 bales, includ ing 6,400 American bales; imports 1,000 bales, none American. Port receipts are to-day estimated at 7,000 bales, as compared with 13,950 la-st week and 5,313 hales for the same week last year, against 9,432 bales for the corresponding week in 1911. At the close the market was very steady with prices at a net gain of 2 to 4 points from the final quotations of Wednesday. Futures opened steady. Opening. Prev. Range. Close Close May .... 6.42% 6.38% May-June . ! ! 6,40 4 -6.40' ' 6.42 6.38 June-July . 6.39V6 6.36 July-Aug. . ! .6.35-6.334 6.30% 6.32% Aug.-Sept . . .6.26 -6.24 6.26% 6.24% Sept.-Oct. • . .6.13 6 13% 6.10% Oct.-Nov. . . .ft.07^-6.06 6.06% 6.03% Nov.-Dec. . 6.04 6 01 Dec.-Jan. ‘ ! 6.03 4-6 02 4 6.03 5.99% Jan.-Feb. . . 6.03 -6.024 6.02% 6.00 Feb.-Mch. . .6.04^-6.03 6.03% 6.00 Mch.-Apr. . . .6.05 6 04% 601% Closed very steady. COTTON MARKET OPENINGS. Thompson. Towle and Co.: "We would be cautious in making new short com mitments, and prefer to maintain a con servatively. bullish attitude for the pres ent." Logan and Bryan: “Should good rains appear in *iie eastern sections we are likely to have a sharp decline." Stemberger, Sinn and Co.: "Ijook for traders market/’ Norden and Co.: "We think that on any decline new crop positions are a purchase." Miller and Co.: "We favor sale.! of new crop positions.” HAYWARD A CLARK’S DAILY COTTON LETTER NEW ORLEANS, May 8—Liverpool was good on futures on the buying of new crops by the continent, but spot sales dropped to a total of 7,000 bales, at 4 points higher quotations. A cable said: "Have no decided opinion, but rather against the market, although purchases are being made by the conti nent nt present prices of winter month?" European government securities arc higher and there was no political news. Political affairs now seem to be in a waiting attitude. There is undoubtedly more optimism, which explains the bel ter European demand for new crops at this level. A Memphis wire said spots were sell ing freely and considerably under quo tations. <)ur market opened a few points higher on the good Liverpool and strength in New York, but soon eased on private rain reports from the East. Prospects of an unfavorable visible sup ply statement to-morrow also affected support There Is a suspicion, however, of professional intentions in New York against the technical condition, the market having supposedly become over sold during the late period of menacing politics. Liverpool forwardings for the week are not even half as large as those of last year, which points to a bearish visible statement to-morrow. Owing to the coming Whitsuntide holidays in England, takings will be small next week also, and visible com parisons, ■consequently, unfavorable. NEW ORLEANS COTTON. . .89% S8% . .89% 89% . .89'4 88% 'f—— . .53% S4% . .65% r>B% . .56% 58% 1— .35% SSI/, . .35 35% .35 34 A 4 Previous 1 P. M. Close. 88 88% 89% 89% 88% 89% 54% 84 55% Bo 1 56 % 56% * 35 % 34*4. 34% 34% 35% 34% 19 .72% 19. ,12% 1.9. .27% 19.22% 19. ,12% 19. .20 10. 32% 19.30 .19 .10 19. .05 19. .10 19.12% 10 90 10. .90 10 90 10.90 10. 75 10. 75 10. 75 10.75 10. .77% 1(L 75 10. .75 10.80 11. 40 11. 40 11 . 40 11.37% 10. 97% 10. ,92% 10. .97% 10.97% 10. R0 10. ,77% 10. 80 10.87% I .I^astj Prev. I Open 11 Ugh 1 Low/ Sale] Close. May . . ,;12 .11, >12. .14 12. .11 12 .14*12. 08 ■ 09 July . . . 11, .90 11 .96111. 90 11 11. . 92- ■93 Aug 11 .56 11 .57 Ill . 56 11 57' 'll .53- -54 Sept It .21- •23 Oct. ii . 13 ii 14 11 .08 ti .10 !i 1 .09- ■10 Nov. . 11. .09- -11 Dec. . ii .is ii 12 ii 07 i i •09 n .08 -09 Jan. . . 11 .15 n .15 it .14 u .14 11 12 -14 Feb. 111 .07- -09 Mch . .'ii .23 in .23 'it .23 in .23 m .17 Tone quiet. THE WEATHER CONDITIONS. WASHINGTON. May 8. Fair weath er will continue in the Atlantic and East Gulf States and the Ohio Valley to-night and Friday, while In the lake region the weather will be unsettled with local rains and also possibly some snow in upper Michigan. It will be colder in the upper lake region. General-forecast until 7 p. m. Friday: Georgia Fair. except local rains near the coast to-night and Friday OHIO WHEAT CROP NOW IS IN FINE CONDITION COLUMBUS, OHIO, May 8 The Ohio crop report Issued b> the State Agricultural Department to-day was optimistic throughout Wheat, wlih.h one year ago was rated at 44. is placed at 93 The acreage sown In wheat is about 800,000 acres more than last year. MEXICAN AND ORIENT WILL BE REORGANIZED NEW YORK. May 8 The protective committee for holders of the first mort gage bonds of the Kansas City. Mexi can and Orient Railway Company has reached an ng^eement as to t»>c plan of reorganization, it \\a* learned to-day and now is engage^ Al formulating it wdh a prospect of some defl- WHKAT May July Sept cc May July Sept OATS May July Sept. PORK— May . . . July . . . Sept. . . . LARD— May . . . July . . . Sept. . . . KIBS— May . . . July . . . Sept. . . . CHICAGO CASH QUOTATIONS. CHICAGO, May 8.—Wheat. No. 2 red, 99% @10.24; No. 3 red, 95098; No. 2 hard winter. 91 @92%: No. 3 hard win ter. 90%@92%: No. 1 northern spring, 90&9l%; No. 2 northern spring, 89@91; No. 3 spring. 87@89. • Com—No. ?. 560 >4’. No. 2 white, 58® * No. 2 yellow, 56(f$%; No. 3, 54%«i 55%; No. 3 white. 67@ %; No. 3 yellow, 5No. 4. 53% @54%: No. 4 white, 56% @57; No. 4 yellow. 54@%. Oats-No. 2 white. 36%@37; No. 3 white, 35036; No. 4 white, 34%@35; standard, 36%J@%. OPINIONS ON GRAIN. CHICAGO* May 8.—Barlett, Frazier & Co.: "Wheat! We look for a steady nfar- ket with probably narrow fluctuations pending the issuance of the Government report. 'Corn: We do not find that there is any pressure from the country in the way of hedging sales, and look for a falling off in receipts shortly. "Oats: The market seems to be gain ing friends all the time, and there is more or less buying of the deferred fu tures on a semi-investment basis. "Provisions: The market continues to show a firm undertone and meets with good buying on all little depressions." LIVERPOOL GRAIN MARKET. LIVERPOOL, May 8.—Wheat opened %d higher; at 1:30 p. m. the market was unchanged to %d higher. Closed % to %d higher. Corn opened unchanged; at 1:30 p. m. the market was %d higher. Closed %d higher. LIVE STOCK MARKET. CHICAGO, May 8.— Hogs—Receipts, 24,000. Market 5c lower. Mixed and butchers, 8.2008.45; good heavy, 8.20® 8.40; rough heavy, 8.0008.16; light. 8:20 @8.45; pigs, 6.50@8.10; bulk. 8.26@8.40. Cattle—Receipts, 3,500. Market weak. Beeves, 7.3509.05; cows and heifers,JL50 @8.40; stockers and feeders. 6.16 07.90; Texans, 6.500 8.00; calves, 7.0O@ft.OO. Sheep—Receipts. 15.000. Market steady to 40c lower Native and Western, 5.00 @6.00; lambs, 6.86@8.60, ST LOUIS, May 8.—Cattle: Receipts, 3,000, including 1.500 Southerns; market steady; native beef steers, 5.7509.00; cows and heifers, 4.60 0 8.75; stockers and feeders, 6.250 8.00; calves, 6.00@ 10.60; Texas steers, 6.35@8.50; cows and iieifers, 4.00 0 7.00; calves, 5.00@6.50. Hogs; Receipts, 11,500; market 10 to 15c lower; mixed. 8.25@8.36; good. 8.20@ 8 30; rough. 7.7008.00; lights, 8.25@8.35; pigs, 7.0007.85; bulk, 8.20@8.60. NEW YORK PRODUCE. NEW YORK. May 8.— Petroleum, firm; crude Pennsylvania, 2.50. Turpentine, steady; 42. Rosin, steady; common, 4.75. Wool, steady; domestic fleece, 25@26; pulled, scoured basis, 35@55; Texas, scoured basis. 48055. Hides, quiet; native steers, 16%@19%; branded steers. 16%®%. Coffee, steady; unchanged to 1 higher; Rio No. 7 on spot 11% ®%. Rice, steady; domestic, ordinary to prime, 4%@5%. Molasses, steady; New Orleans, open kettle, 35@50. Sugar. raw r . steady; centrifugal. 3.36; Muscovado, 2.86; molasses sugar, 2.61. Sugar, refined, steady; fine granulated, 4.25@35; cut loaf, 5.16; crushed, 5.05; powdered, 4.2504.05; diamond A, 4.35; confectioners’ A, 4.10@20. Potatoes, firm; white, nearby 1.87® 2.25; Bermudas, 3.00@5.50. Beans, irregular; Marrow, choice, 5.95 @6.05; pea, choice, 3.9004.00; red kid ney. choice, 4.15020. Dried fruits, steady: apricots, choice . to fancy, 11 @13; apples, evaporated, (prime to fancy. 5%© 8%: prunes. 30o to 60c, 5%; 60s to 100s. 3%«>4%: peaches, choice to fancy, fifaTV*; seeded raisins, choice to fancy, 6%®6%. ATLANTA LIVE STOCK MARKET. (By W. H. White, Jr., of the White Pro- vision Company.) Tattle receipts light. Market steady. Hogs coming more freely. Market lower. Quotations based on actual purchases during the current w'eek: Choice to good steers, 1,000 to 1,200, $6.00 0 6.50: good steers, 800 to 1.000, 6.60 @6.00; medium to good steers, 700 to 850, 6 25@6.76; medium to good cows, 700 to 800. 4.5006.00; good to choice beef cows, 800 to 900. 5.0005,75; medium to good heifers, 650 to 750, 4.25 0 4.75; good to choice heifers, 750 to 850, 5.00@5.75. The above represent ruling prices of good quality of beef cattle. Inferior grades and dairy type selling lower Medium to common steers, if fat, 800 t« 900. 5.00@5.75; medium to common cows, if fat, 700 to 800, 4.5005.50; mixed com mon. 600 to 800. 3.2504.25; good butcher bulls. 3.50 0 4.50. Prime hogs. 160 to 200 average. 8.650 ■8.85; good butcher hogs, 140 to 160, 8.400 8.60; good butcher pigs, 100 to 140. 8.00@ 8.25: light pigs. 80 to 100, 7.0008.00; heavy rough hogs. 200 to 250, 7.7508.25. Above quotations apply to corn-fed hogs, mash and peanut-fattened hogs, 1 to l%c under ATLANTA MULE AND HORSE MARKET (Corrected by the National Stock Yards Commission Company; C. G. Tur ner, President.) Mules. 14 to 14% hands, rough, good ages, $115 to S130. 14 to i2%. finish with quality, $155 to $180. 14% to 15 hands, rough, $130 to $170. 15 to 15% bands, finish. $180 to $205. 16 hands, with quality ana finish, $206 to $230. 16 hands. hea\y chunk weighing form 1,250 to 1,400 pounds. $256 to $330. Horses. Southern chunk horses, from $76 to $110. Southern chunk, finish, $110 to $135. Good driving horses, quality and finish, ranging in price from $160 to $210. Heavy draught horses, rough, $160 to $210 Heavy draught horses, finish, $210 to $300. METALS. NEW YORK. May 8 -The meiaJ market was dull to-day. Copper, spot to July. 16015%: lead. 4.20 bid; spelter. 5.4506.55; zinc, 5 4505.55, tin, 50 00® TENTH WARD GETS ENGINE NEXT WEEK Firemasters Purchase LaFrance Machine, Against Which the Mayor Led Long Fight. Fire Chief W. B. Cummings said Thursday the new Lai •'ranee iuto en gine just purchased by the Board of Firemasters would be tested early next week and Immediately Installed In the new Tenth Ward Station. This action will end the long contro versy between Mayor Woodward and the Board of Firemasters over the purchase of this engine. But four members of the board voted for the purchase, while five others present remained silent. Mayor Woodward led the opposition with the statement that the board should cut loose from all the old contracts connected with the scandal. Those favoring the LaFrance engine were Alderman James E. Warren, Council- men J. H. Sisson and G. H. Boynton and Fire Chief W. B. Cummings. Mayor Woodward said TShursday that he would veto Council’s exon eration of the graft charges against Chief Cummings, and he added that his message would be the hottest statement he had issued since going into office. He said he would let Council’s vin dication of the accused Aldermen be come effective by default. He said he would not approve any such paper, and did not consider it important enough to veto. STOCKS By C. W. STORM. NEW YORK. May 8.—A heavy ton© prevailed in the stock market at the opening to-day and most issues showed declines Southern Pacific was % lower at the outset, but made a partial re covery later. Brooklyn Rapid Transit was the strongest on the list, rising one point to 90%. This buying was induced by a belief that the dividend rate would be increased at the next meeting of the directors. New York Central, which broke through par yesterday for the second time since 1908, opened at 100% for a loss of %. American Can showed a slight gain on dividend prospects. New York, New Haven and Hartford, which is now under fire in an interstate commerce investigation, made a slight fractional gain. Among the losses were United States Rubber common % ; United States Steel common %; Union Pacific %; Chesa peake and Ohio %, and Amalgamated Copper %. The curb was quiet. Americans in London were colorless. A firmer tone prevailed after the first half hour, and most of the list made gains. Atchison, Reading and St. Paul made moderate advances. Copper was up % at 75%% New York, New Haven and Hartford, up %; Lehigh Valley, up % at 155. Steel remained firm at 60%. Call money loaned at 2%. BAR SILVER. LONDON, May 8.—Bar silver steady at 27 ll-16d. MINING STOCKS. BOSTON, May 8.—Opening: Boston Corbin. 3; Giroux. 2%; Boston Maine. 57%; North Lake, 1; Allouez, 32. Taft Ready to See Free Trade Tested ‘Let’s Try It Out,’ Former President Says in Address to Yale Students. Cuban to Try Flight, Key West to Havana Domingo Roaillo Seeks $10,000 Prize. Will Ask Secretary Daniels for Torpedo Boat Aids. KEY WEST, FLA. May 8.—Do mingo Rosillo, a Cuban avaitor, has arrived here to make a flight across the Gulf of Mexico from Key West to Havana in a seven-cylinder mono plane. Aviator McCurdy tried to make the flight in 1911. but failed. The Municipal Council of Havana offered a prize of $10,000 to Rosillo if he succeeds. The aviator said he would fly out to-morrow to meet the train which is bringing Secretary of the Navy Daniels here, find would ask that a few torpedo boats be as signed to follow him in to Havana. spousFends life as”she IS IN COURT FOR DIVORCE CLEVELAND, OHIO, May 8.— Clarane Nehlman was waiting in court to-day for her divorce case to he called when a policeman called on the telephone to inform her that her husband, Charles Nehlman. had committed suicide. He had been out of work. SPECIAL NOTICES. Marshal Sales. United States Marshal’s Sale. UNITED STATES OF AMERICA, NORTHERN DISTRICT OF GEORGIA. Will be sold on the first Tuesday in June next, at public outcry at the Court House in said county, in front of the old City Hall Building, corner of Pryor and Hunter Streets, City of Atlanta, Georgia, within the legal hours of sale, to the highest bidder for cash, certain property, of which the following is a full and complete description, to-wit: All that tract or parcel of land lying and being in the City of Atlanta. State ot Georgia, being part of land lot flfty-.one in the 14th District of Fulton County, more particularly described as follows: Beginning at a point on the east side of Piedmont Avenue, formerly Calhoun Street, at the northwest corner of Clark’s lot, running thence north along the east side of Piedmont Avenue forty-five feet to King’s lot, thence east along King's lot two hundred seventy- four feet, more or less, thence south parallel with Piedmont Avenue forty- four feet, thence west at right angles to Calhoun Street (now' Piedmont Ave.), two hundred seventy-four feet, more or less, to beginning point, being part ot lots one hundred twenty-eight and one hundred twenty-nine, block twenty- three. , Said property levied on as the prop erty of David T. Howard, to satisfy an execution issued from the Circuit Court of the United States for the Northern District of Georgia, February 22, 1910, in favor of the United States against John Williams and David T. Howard: said property being in possession of David T. How r ard. This first day of May, 1913. W. H. JOHNSON, United States Marshal. 5-1-34 RAILWAY SCHEDULES. SOUTHERN RAILWAY': "PREMIER CARRIER OF THE SOUTH" ARRIVAL AND DEPARTURE OF PASSENGER TRAINS. ATLANTA. The following schedule figures ere published only as information, and are not guaranteed: No. Arrive From— 3ft Blrmlnfh’m 12:01 am 85 New York . 5:00 am 18 Jacksonville 43 Warrington 12 Shreveport 16 Heflin ... 29 New York. 8 Chatn’ga 7 Macon 5.30 am 5:25 am . 6:30 am . 8:20 am .11:15 am .10:35 aui .10:40 am 17 Fort Valley 10:45 am 21 Columbus ..10:50 am 6 OlnclnnaU.. 11:10 am 2ft Columbus .. 1:40 pro 30 Blmilngh’ro 40 B’mlngU'm 39 Charlotte . 5 Macon ... S7 New York IB Brunswick 11 Rlchmuud 24 Kansas City 9:20 pm 16 Chattan’ga . 9:35 pm 19 Columbus .10:20 pm 81 Fort Valley 10:25 pm 14 Cincinnati .11:00 pro 23 Jacksonville 6:50 am •J7 Toucoa .... 8:10am 2:30 pm 12:40 pm 3:55 pm 4:00 pm 6:00 pm 7:50 pm 8:30 pm Depart To— I New York .12:15 am ► Coiumbua . 6:20 am I Cincinnati . 5:40 urn 1 Fort Valley. 5:80 am . Blrralngh’iu 6:50 pm Chattn'ga . 6:40 am I Richmond . 6:55 am I Kansas City 7:0ft mn i Brunswick . 7:45 ain i Hlrintngh’m 11:30 am I New York. .11:01 am I Charlotte .12:00 n'n Macon .... 12:20 pm i Columbus .12:30 i m i New York.. 2:45 im i Chattn'ga » Blrmingh’m i Toccoa ... ! Coiumbua . Cincinnati : Fort Valley, i Heflin I Macon l Washington 1 Jacksonville , Shreveport .11:10 yin I Jacksonville 11:10 pm 3:00 pm 4:F0 pm 4:. - >0 pm 6:10 pm 6:10 pm 5 :20 pm 5:45 pm 6:30 pm 8:45 pm 9:30 pin Tralna marked thus (•) run dally except Sun day. Other trains run dally. Central time. City Ticket Office. No. 1 Peachtree Btroet. LOST AND FOUND. EosT^36x4 auto tTre^SdTrlnr^n^foaS between Atlanta and Grantvllle. May 7 Reward. C. S. Colley, Grant- ville, Ga. 39-8-5 LOST—Near West view Cemetery, a. pointer puppy; black and white, six months old. Return to J. B. Bowen, 117 S. Forsyth St. Reward. 5-8-14 FOUND on Druid Hills Road, a lap robe; owner can get same at 14 Wil liams Street by paying for this ad 5-8-24 LOST—Wednesday morning 17-jewel. gold case, Hamilton watch. Return to E. W. Wallace, 30 Peachtree Street, care Zakas’ Bakery. Liberal reward. 46-7-5 LOST—Small black purse. Corner Pry or and Trinity Avenue, Wednesday, 7tn, about 8:30, containing $5 bill. Call Ivy 6744-J. 5-7-25 LOST OR STOLEN—One medium sized pointer dog. white with a liver spot, collar with buckle; named Joe. Finder return to 8 Fire Station or 54 Williams and get reward. 5-7-19 LOST—Opal ring, set with six opals and one small diamond, either on . F;ast Point car or between Forsyth and Ala bama and Empire Building. Phone M. 3739. 5-7-4 LOST—On West North Avenue Friday morning, a pearl paved heart, pinned on black bow’; engraved on bi$ck "Carrie." Return to 172 West North, or call Ivy 7325-J and receive liberal re ward. 5-6-26 THE GENTLEMAN who picked, up glasses in front of Morris’ Store on Decatur Street, leave at Morris’ Store and receive reward. 201-5-6 LOST—Fox terrier; black spot on eye; age six months; name Chris. Reward if left at 303 East Pine Street. 28-6-5 PERSONAL WANTED—To furnish list of standard second-hand novels, board covers, which will sell cheap. Address Book Lover. 853. care Georgian. 43-8-5 SUBSCRIBE NOW to The FOUR HUN DRED, the leading Society Paper of Atlanta. Bright, beautiful, artistic. $1 a year. The FOUR HUNDRED, 421 Kiser Bldg., Atlanta, Ga. 5-7-2 TREMAINE The Mystic. Permanently Located In Atlanta. 125 WEST PEACHTREE ST. Hours—10 to 7. Closed on Fridays. DEVELOPS your personal magnetism and psychic powers by which your greatest wish can positively be realized Convincing demonstrations of soul power. Consultation free. Teaches hyp notism and mental control. Bring this ad. 39-6-5 NEW HAVEN, CONN., May 8—"If we are to have free trade, let’s have it,” said William H. Taft in the sec ond of his Yale lectures on modern government this afternoon. “Let the party that favors it vote for it. Let’s try It.” His statement was incidental to a discussion of the necessity of the po litical party to efficient legislation. . “The three objects of the new' school of political thinkers who style themselves Progressives,” said the former President, “are to prevent cor ruption of government by corpora tion Interests, to create an equality of opportunity for all men, and to equalize property holdings to some degree. Persons who do not concur with this school in the exact method of arriving at the true purpose of popular government, which is to make for the happiness of all the people, are called reactionaries. "Those of up who fall in this cate gory must be content, but we must never cease fighting.” BE A BELL TELEPHONE OPERATOR The work I* agreeable. The surroundings are pleasant. You are paid a salary while learning. The opportunities for rapid ad vancement are excellent. In creased salary is assured if you prove efficient. There are several vacancies in our training school for young women between 16 and 22 yeara of age who have a common school education and can furnish satis factory references. Apply in person at training school, 25 Auburn Avenue in the Bell Telephone Exchange YOUNG LADIES taken for training at i the Randolph Company Hair Dressing Parlors. 58% Whitehall Street. 3-3-37 I DR. GAULT’S Antiseptic Powder for women. It is cleansing, cooling and { non-irritating. Can be used as a douche : at any time with safety. It has no 1 equal. Price $1 per box, postpaid. J. T | Gault Chemical Company, 702 Austell i Building, Atlanta. 4-25-33 NOTED GEORGIA MINISTER PASSES AWAY AT MACON MACON, GA., May 8.—Dr. George Gilman Smith, minister, author and historian, and for 60 years a Meth odist clergyman in Georgia, died here last night at the age of 77. Rev. Rob ert O. Smith, of Gainesville, is a son. Dr. Smith participated in the w ar be tween the States and was several times wounded. The funeral will tak« l^ace Friday. TOBACCO GROWERS PLAN NATIONAL ORGANIZATION LOUISVILLE, KY„ May 8-Rep- resentatives of associations of tobac co growers in Kentucky, Tennessee, Missouri and other tobacco States are in conference h£re to form a national organization. C. S. Barrett, of Union City, Ga.. president of the National Farmers’ Union, presided at the meeting. $ 1 00,000 immediately available to lend on First Mortgage, in ar ou ts of $1,000 to $5,000. Semi-suburban properties considered if well im proved. WM. HURD HILLYER 833 Equitable Bldg. CHICAGO FACES STRIKE BY 10,000 GARMENT WORKERS CHICAGO, May 8—A strike of 10.- 000 garment workers to-day was threatened by Samuel Levine, busi ness agent of the United Garment Workers. The first step toward a general strike was taken when Le vine ordered out 400 workers for higher wages and shorter hours. ENTERTAINMENT FOR U. C. T. COLUMBUS.—The Grand Council of the Georgia-Florida division of the U. C. T., which meets here May 22-23, will enjoy a boat ride, a ball game, a dance, luncheon at Wildwood Park A Mistaken Idea COME PEOPLE MAY THINK THAT because the ATLANTA NATIONAL BANK is one of the strongest and most influential banks in the South it wants only large accounts. This is distinctly a mistaken idea. Al though this is in every sense a "big” bank, and many "big” accounts are han dled here, small accounts are most cor dially invited. The new depositor is as sured of prompt, courteous attention; and his account, however small, is given as careful attention as the largest. Why not make this YOUR bank t Atlanta National Bank The Oldest National Bank in the Cotton States