Atlanta Georgian. (Atlanta, Ga.) 1912-1939, May 09, 1913, Image 16

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in THE A TLANTA UhUKUiAA AJSIJ NUAVS.KKi UA Y, MAY H. IDES. COTTON COES UP NEW YORK. May 9. loe Gatin* 1*1 credited with covering « large lino of July short*, but he put them out again i in new crop positions above 11 cents Reports of Rain in Georgia and Oklahoma Cause Rapid Decline From Early Level. YORK. May 8— In the absence of rains. especially In the eastern belt, the cotton market opened steady, with prices at a net gain of 2 to 6 points from Thursday's final Spot people were good buyers There was ait** a short cowering movement by the local crowd and there was some outside buying The selling was attributed mostly to brokers with Southern connection The market quickly developed additional atrength, and prices advanced 2 to * points from the opening level July displayed considerable strength This option was under heavy buying by aborts and held steady at 10 points advance over the previous close throughout the morning session Should there be no rains 1n the eastern belt, much higher prices are antici pated Weather Indications overnight are pre dicted fair In the eastern belt, but other leading cotton States are predicted to have unsettled showers, except l»uls- 1ana and East Texas, where the weath er will be fair. The course the market took this morning made it more and more obvious that this is entirely a weather mar ket Unfavorable advices were received from Manchester, saying that buyers have very bad report* from the other side It seems like conditions there are becoming bad again The trade is much quieter It is said that It Is impossi ble to induce mills to buy cotton During the late forenoon the market wu quiet hut steady, with prices a shade lower than the early high point. Reports of rains In Oklahoma and Georgia caused a general selling move ment during the afternoon session, whldh was said to be profit-taking Of ferings from Wall Street became freer and the Indications that the crop is in danger were ignored. Experts in New Orleans stated that we might expect good rains the first of the week This brought selling from the locals who were early buyers, result ing In prices making a rapid decline and dropping 2 to 8 points from the open ing figures At the close the market was steady with prices at a net decline of 1 to 4 mints from the final quotations of Thursday Following are 11 a m bids In New York: May 1148, July 11.68, August 11.36, October 11.02, January 11.01. Following are 10 a m. bids in New Orleans: May 12.18. July 12.01, August 11 &ipOctober 11.16, January 11 18. Estimated cotton receipts: Saturday 1812 New Orleans .2,600 to 3.000 2.186 Galveston 1,200 to 2.000 1.761 RANGE IN NEW YORK FUTURES. My Jly Ag Spt fc Jn Mh c ¥ * I 5 * t O X J |S a 0 is 11.54111.62)11.60 i 11.62 11.61-62 11.36 11 40111.30(11.31 11.30-31 11.08 11.10111 08'll 08 11.01-03 II. 00 11.06 10.93110.96! 10.96-96 11.04 ll.08il0.96 10 98 10 97-98 '11 03|11 M 10.92 10.98ilO.W-94 III. 01111.03!! 101 111 03! 11.02-03 11.42-43 11.52-63 11.80-31 11.04-06 10.97-98 io 99 11 [10 97-98 hi or»-06 Closed steady. LIVERPOOL COTTON MARKET. LIVERPOOL. May Du© 2 to 2*4 olnts higher on near positions, and 1 olnt lower on late months, this inar- ©t opened quiet at net unchanged to % dint lower At 13:16 tv m.. the mar- el was dull but steady; prices un hanged to % point lower Spot cotton 2 points higher: middling 68d; .sales 6,000. Including 5,000 Ameri- an At the close the market was steady, rlth prices showing irregularity, be- ig unchanged to 2 points higher on near osltiona and % point lower on distant lonths from the final figures of Thurs* ay RANGE IN LIVERPOOL COTTON. A wire from .Savannah, f»a yesterday j said that unless it rainH in a few days the crop will he damaged considerably. V * • Troy. Ala . wired that the crop condi- . tiuns were going backward* owing to the. absence of rail*, ami that very little, cotton is up. In thni section of the mate cotton chopping Is generally finished about May 16 * * * Nlel estimated the consumption Of cotton for the current year at IfuWMWO bale- Me said a crop under lo,000.000 bales would warrant higher prices. • * * Conditions of the crop In Georgia must be pretty bad if the replies re ceived bv a New York firm from cor respondents in the State are true Fol lowing is the condition of the crop in some of the large producing counties: Richland -Crop 90 per cent planted, condition poor, no stand. Zebulon Crop 96 per cent planted; condition bad, too dry. Chlple Crop 76 per cent planted; condition, very little up. Mad ison Crop 90 per cent planted: condi tion good, dry. Covington Crop 60 per rent planted, condition fair. Lawrence- vllle -Crop 80 per cent planted, condi tion 76 per cent. Jackson—Crop 76 per cent planted: condition fair. Danville Crop 100 per cent planted condition, dry weather has prevented its coming up; considerable complaint of the plant al ready from cool weather. Madison— Crop 76 per cent planted; condition one week 1*tckward. Winder Crop 90 per cent planted; condition 80 per cent; ground very dry and Vloudy and look for very poor stand Bartow Cron 80 per cent planted; condition very little up; very dry. Chauncey -Crop 76 per cent planted, condition acarcely any cotton up in Georgia at this date Grantvllle Crop 95 per cent planted, condition, none up and will not come until It rains. McRae - Crop 60 per oen* planted; con dition, very poor stand; much to be planted; seed scarce. Lyons Crop 60 per cent planted, condition very bad; awfully dry; 60 per cent of seed planted is lost, getting seed to replant all Is im possible here Rochelle Crop 98 per cent planted, condition good • • • Absence of rains gave rise t<*> good buying on the opening, spot houses being among the best buyers; also shorts, who apparently centered their attention on July option. Mitchell and McGhee were heavy bid ders for July. ferpooi . .. , _ fair 7.22d, good middling 6.88d, middling 6 68d, low middling 6.54d, good ordinary 6.20«1. ordinary 0.86d ” * Dallas wires; "Some rains in the Pan- handlH, clear and pleasant elsewhere Oklahoma clear and cool." NEW ORLKANH, May 9. Hayward St Clark: The weather mar* i* favorable. It shews partly cloudy in the northern half of the belt and in the Atlantic©; generally fair elsewhere There was no rain except at Amarillo. In NorffTweat Texas Temperatures are above normal Indications are for increasing cloudiness generally, probably unsettled weather, with scattered showers in the northern half of the hell and cooler MILL TAKINGS 128,000 BALES LESS THAN PREVIOUS YEAR The visible supply of AmeHcsn cot ton during the past week shows a de crease of 97.432 bales, as compared with a decrease of 233,274 bales for the cor responding week last year and a de crease of 158,480 bales for the same week the year before Other kinds show an increase of 30.000 bales, against a decrease of 28,000 bales for the same week last year, compared t^ith an in crease of 9,000 bale*, for the same week in 1911 The total visible supply of American cotton for the week shows a decrease of 67.432 bales, ngalnst a decrease of 261.274 bales last year and a decrease of 217,000 bales for the corresponding week of year before. World’s visible supply Futures opened quiet. Opening Ran May May-June June July July-Aug Aug.-Sept Sept.-Oct. Oct.-Nov. Nov.-Dec Dec.-Jan . . , Jan -Feb. . . Feb. Mch. . . Mch -Apr. . . Closed steady 2T 6 48 -ff.41% 6.42' -6.41 6 39 -6.89 % 6 364-6.37 6 26 -6.25 6.13 -6.12 6 06 -6 04 4 .6.034-6.04 .6 084-6.014 6.02 -6.01 6.03 .6.08 -6 04 Close. 6.444 6.44 6.414 6.38 6 28 6.14 6 06 4 6.034 6.024 6.02 6.03 Prev. Close. 6 424 6.42 6 39 4 6.364 6.264 6.134 6.064 6 04 6.03 6 024 6.034 6044 HAYWARD <t CLARK’S DAILY COTTON LETTER NEW ORLEANS. May ft Liverpool came in rather poor, but rallied in the last hour. Liverpool will be closed to morrow and Monday. Spots 2 points higher; *ale*. 6.000 bales. The feature on our side was the strength of July in New York, causing a corresponding ad vance in that position here and giving strength to the whole list. Absence of further rains in the Eastern States brought some covering demand from shorts New York gossip says that about 50.000 bale* w-111 be shipped out and the loss in stock is causing shorl covering of July. Manchester reports to agents here show a radical change and now are dis- tinctlv bad. They say it is impossible to interest mills in any offers of cotton, trade declining and strike danger Immi nent London reports that the first peace meeting dissolved without accomplish lng definite results, that the next meet ing will not taka place until May 20. after the holidays, that the powers may occupy Scutari with, a Joint force as a precautionary measure The market eased after the close of Liverpool and trading was of no pro nounoed character The talk of dry weather in the East is looked upon as a means to promote a short scare, on which idea there has been professional buying lately than as a real danger to production NEW ORLEANS COTTON. Quotation* in cotton futures: 7i 31 £ c £5 [12.17 12 11 l2.12IU.14 12.18 14 12 “itT-Tfi Jly 12.00 12 03 11.91 11.94 11.93 94 11 95- 97 Ag 111.60 11 62 11.51 11.54 11.56 57 11 55 57 (V 111.16 11 18 11 06 11 OS 11.08 09 11 11 12 p< 1114 11 17 11.06 11 08 11.07 08 11 10 It Jr In.08 11 18 11.08 11.18(11.11 1311 14 16 111.23 23 11.18111.18 11.16 11 20 Market Is Waiting for Announce ment Regarding U. P. and S. P. Dissolution Plan. Today's New York Stock Market Below arr given the highest, lowest and last prices of stocks to-day, to(?pt vious close: By CHARLES W. STORM. M r ,w YORK. May 9 Selling pr«» sure was sxerted upon the list at the opening of the stock market to-day and most of ih© 1 shu©s sustained declines Home of the stocks which opened higher either lost all their advance or part of it. Canadian Pacific, which opened 4 lower, bad increased its decline to 14 within a half hour Traders held that the passage of the Underwood tariff bill by the House last nighl was a depressing factor Among he other declines were Amal gamated Copper 4, United States Steel common %. Lehigh Valley 4. Atchison 4, Pennsylvania 4, uhesepeak* and Ohio %, Erie 4, California Petroleum 4 The specialties were the only group showing strength. American Beet Suga' advanced V Chino Copper was up 4. wnlle Consolidated Ua-s rose 4 Union Pacific opened Vi higher, but soon lost its gain and declined 4. Southern Pacific was \ higher at first, but sold off. Reading began 4 higher, but lost Its gain and declined The curb market was dull Americans In Jxmdon were barely steady The market during the forenoon was generally higher Amalgamated Copper at 864 was up 4. Southern Pacific gained 4 at 96 I^ehigh Valley, United Copper and 81 eel were up 4. Canadian Pacific and Gas were up. The tone in the late forenoon was firm Call money loaned at 24 The market closed steady Govern ments unchanged; other bonds firm. MONEY AND EXCHANGE. NEW YORK, May 9.—Money on call 2 Time money unchanged; 60 days, ■ 4<0 4 per cent; 90 days, 4 per cent; six months, 4% per cent. Posted rates: .Sterling exchange. 4 84 .87. with actual business in bankers' Us at 4.8605 for demand and 4.824 for 60-day bills. Prime mercantile paper unchanged METALS. NEW YORK. May 9.—The metal mar ket was firm to-day. Copper, spot to nlv. 15*4^16%; lead, 4.30 old; spelter. .v. r >0®*,66; tin, 60 00(350 37%; zinc, 5 45 •5.65. BAR SILVER. LONDON, May 9.- Bar silver steady at 27 13-I6d NEW YORK. May 9 -Commercial bar silver, 604; Mexican dollars. 48c. MINING STGCK8. BOSTON, May 9.—Opening: Shoe. 48; New Haven. 104; Greene-Cananee, 6%; Smelting preferred. 47; Arizona Com mercial. 34. Wolverine, 51. UNDERWOOD EARNINGS. NEW YORK, May 9.—Net earnings of the Underwood Typewriter for the first quarter is estimated at $600,000. against $601,000 for the same quarter last year. NEW YORK COFFEE MARKET. Coffee quotations: 1913 1912 1911 American .... ,3',067.«70 8.500.723 2.170<4 Other kinds... jl ,483.000|l. 167.000 1,194,000 Total ...... |4,550.370^, $67, ^313,272,244 "World's spinners' takings | 1913 1912. I 1911 :t 17.000 ~ 217.000 For week .1 191.000 Since Spt 1 11,312,0004.. . ... Movement Into sight for week: 1913 1912. I 191J (Viand, w’k! II.7491 21.770! 11.311 Since Spt II 912.907 1,150,329 873.269 In s'ght, wk! 93.616' 90.579 63.362 Since Spt. 1 13,027.022 15.155.077 1,1.300.198 Weekly interior movement: | 1-913. 1 1912. 1 1911. Receipts I 34.674J 42>11 27.326 Shipments • 57,5741 65,423 66.394 Corn. _ 415,912 280,9261256,437 Weekly exports: 1 Ini it: For week 1 130,918 87.215 Since Sept 1 H7-.7S7.733 9,842.513 PORT RECEIPTS. _____ e The following table shows receipts at the ports Saturday compared with the same day last year: . lnl2 New Orlpsns i Tom 1 2.673 (Jalveston. •2.265 ' 3.512 Mobile . . . 1.351 136 Savannah . . .! 2 071 2.090 Charleston ISO 15 Wilmington. 10 39 Norfolk. . . 1.064 857 RaHlmore. 699 1.969 \ arious . . . 90 Boston V 34 Philadelphia . . : i 187 ... Brunswick. 1.004 1.679 Total. . . 10.404 13.044 * INTERIOR MOVEMENT | 1913. 1912. Houston . . 251 'i 1.028 Augusta 647 Memphis . . ' 816 1.275 St Louis . . ' 1.764 883 Cincinnati. . . . .' 878 793 1 Jttle Book . ■ j i- 145 Total. . . 3.479 i 4.771 SPOT COTTON MARKET. Hosed steady THE WEATHER. WASHINGTON. May 8—The weather will be warm, with showers to-night or Saturday in the Ohio Valley, the lower Lake region and the Middle Atlantic States Elsewhere east of the Missis sippi River the weather will be general ly fair. It will continue cool In the Lake region and will be cooler from the Ohio Valiev eastward and northeastward. General forecast until 7pm Satur day: Georgia—Fair to-night and Saturday. Atlanta, quiet; middling 114 Athens, steady; middling 11 4 Macon, steady, middling 114, New Orleans, steady; middling 12 3-16 New York, quiet; middling 12c Philadelphia, quiet; middling 12.10. Boston, quiet; middling 12c. Iiverpool, easier; middling 6.68d. Savannah, steady: middling 12c Norfolk, firm: midddilng 12c. Augusta, steady; middling 12c. Mobile steady; middling 114 Galveston steady; middling 12 3-16 Charleston, quiet middling 114 Wilmington, nominal. Little Rock, quiet: middling H4 Baltimore, nominal; middling 12c Memphis, quiet; middling 12L St Louis, quiet; middling 12V Houston steady; middling 12c. Louisville, firm: middling 124 Greenville, quiet; middling 11 4 Charlotte, steady; middling 11%. -THE VICTOR" 1 Opening Closing. January 111.37(011.39(11.44(3105 February 11.38(311.45 11.44(311.46 March 11.41 (Q>11.45 111. 49 €il 1.60 April 11.40(3 11.43 11.494/11.50 May 11.06(0 11 20 11.10® 11.20 June 11.10 ll.17wll.20 July 111.17® 11.20 11.25011.26 August 11.27 11.36® 11.40 September .11.37 11.44Sll.46 October. . . . 11.37® 11.40 11.43(0 11.46 November. . . . 11 36®11 40 11.43@ll.44 December. . . .111.37 11.43@11.44 Closed steady. Hales, 30,250 bags Price of Cotton Now Is 11.6 Cents STOCK— High. Amal. Copper, 76V Am. Ice Sec 26< « Am. Suq. Ref.. 111 Am. Smelting. 67?, Am. Locomo.. Am. Car Fdy.. 49-% Am. Cot. Oil.. 44 Am. Woolen. . Anaconda 38 4 Atchison . 99 V A. C. L 121 American Can 33' 4 do, praf. Am. Beat Sug. 31V Am. T.-T. 128' 4 Am. Agricul. Beth. Steel 33V B. R. T. . 90V B. and O. . 98‘b Can. Pacific... 242 Corn Products 10% C. and 0 64 Consol. Gas.... 139 Cen. Leather Colo. F. and I. 32 Colo. Southern D. and H 166 Den. and R. G. Distil. Secur... 16V Erie 2f»/ t do, pref. 43«/ a Gen. Electric.. 138 1 4 Goldfield Cone G. Western G. North, pfd. 126'/ a G. North. Ore. Int. Harv. (old) .... III. Central. ... 113% Interboro .... 14% do, pref. 50',, Iowa Central K. C. Southern M„ K. and T. 24 do, pref. L. Valley. . 155 , L. and N. . 132 Mo. Pacific . 35', N. Y. Central 100 Northwest. 128 * Nat. Lead N. and W. No. Pacific ' O. and W. Penna. Pacific Mall P. Gae Co. P. Steel Car Reading Rock Island do. pfd.. R. I. and Steel do. pfd.. S. - Sheffield . So. Pacific. . So. Railway do. pfd. St. Paul. . Tenn. Copper Texae Pacific .... Third Avenue Union Pacific 149V U. 6. Rubber. Utah Copper. 518* U. S. Steel do. pfd.. V. -C. Chem. W. Union . . Waba h. . . do. pfd. W. Electrlo W. Central. W. Maryland WASHINGTON, May 9 A slight in crease over a year ago, but a consid erable decrease when compared with 1910 and 1911. Is reported in the price of cotton, according to figures given out to-day by the Bureau of Statistics of the Department of Agriculture The prices received by the producers as reported by the Department s agents were as follows: Mav 1, 1913, 11.6c; April 1, 1913, 11.8c. May 1. 1912. 10.9c. May 1, 1911, 14.2c; May 1. 1910, 14c. The general average of prices received for staple crops increased 2.3 per cent from April 1 to May 1. The increase in the same period of last year was 8 4 per cent. On May 1 the prices of staple crops averaged about 30.1 per cent lower than on like date of 1912. 477* 114** 29 112 109</ a 24 V 162 20'/, •6*4 25 wit h the pre- Laat Prev. Low. Sale. Clos*. 74% 75 75* a 26 26 111 110% 111 •7' „ *7%, 67* a 33 49% 4»% 48' 2 44 44 42'-2 17', 38' s 3»'/« 38'4 98% 99 a 99'/, 121 121 120 2 323/4 3»'* 32% 92-2 3ty, 31'/, 3034 127% 127H 128 .... 49 43 2 33'% 88% 90% 8874 98' * 98 ; « 98% 240' 4 241'% 241'% 10% 10% 1034 62% 63% 63'4 128% 130 129 Si cm 31*4. . 31*4 31 30 153' 2 153'/ 2 155 19% 16% 153/4 15% 28% 28'/* 28% 43'/ 2 43'% 43 138 138 137% 1% 14% 126' 2 126% 126% 34 .... 104 113 113% 113% 14% 143% 14% 4»’> 50 493/4 7 ...» 24 24 24 23% 60 154% 155 154% 131% 1313/4 130 35*4 35*4 35 88'/2 99'/ 2 997, 128' 2 128' 2 128% 477 8 47% 47% 105* 4 114*4 114-4 114% 29 29 29 111% 111% 112 22 109'4 109% 109 24% 24% 24% 160% 161% 161% 20 20 20% LIGHT OFFERINGS ADVANCE WHEAT Traders Ignore Bearish Census Report and Refuse to Curtail Long Lines. ST. LOUIS CA6H QUOTATIONS. Wheat-No. 2 red Corn—No. 2 Oats—No. 2 ..lOO (0107 . 67 V4 (0 57 % . 36 % CHICAGO, May 9 —Wheat was strong j er this morning on small offerings in the | pit, coupled with some fair buying by the larger commission concerns. Cables were lower on ths construc tion plated upon the Government May report, which was made public in the Old World late yesterday. Northwestern receipts were larger than a year ago, while tdV Argentine shipments were smaller, as was also the Argentine vis ible. Liverpool was lower on corn, but prices at Chicago were %c to %c bet ter. Oats acted in sympathy with the other grains and ruled strong. There was a better feeling in hog prod ucts, with prices fractionally higher CHICAGO GRAIN MARKET. Grain quotations: WHEA May July,. . . Sept... CORN May... July. . . Sept.... OATS May. . . . July. .. Sent.. . . PORK May... July. . . . Sepi.... LARD May.. . . July.... Sept.... RIBS— May.... July.... Sept.... High T — 90 V* 8 9 *<4 89^ 55Va 56 % 57 35-, 35 y* 35V 4 19.47M8 19.25 19.17*6 10.97*4 10.80 10.82*4 11.50 11.02*4 10.87*4 Previous IiOW Close. Close 88% 89% 88% 88% 89% 89 88 \ 89% 88% 55% 55% 65% 55*4 66 66% 56% 66 \ 56% *6% 36*4 35% 34% 35 34% 34% 35 3444 19.35 19.35 19.25 19.25 19.25 19.30 19 07% 19.07% 19.12% 10.92% 10.92% 10.90 10.75 10.75 10.77% 10 80 10.80 10 80 11.42% 11.45 10.97% 11.50 10.97% 10.07% 10 86 10.85 10.85 95 24H 96 25 108 107'4 1073/4 148'/ 4 149' 4 60' 2 10f'/, 28H 51V.2 597, 106' / 2 28 5 b 51'/ 2 60'/, 106*2 28 », 92/, 9 32*4 23 82 29 «5'/ 4 24% 76% 107% 34*/, 16 34'/ 4 148'/ 2 62% 51% 60*4 iote% 28 65 3 »'/« 61 50 39 LIVE STOCK MARKET. CHICAGO. May 9.—Hogs—Receipts, 12.000. Market strong to 10c higher. Mixed and butchers, 8.20(08.55; good heavy, 8.16(08 60; rough heavy, 7.95(0 8.16; light, 8.25(08.60; pigs, 6.60(08.36; bulk, 8 40(08.50. Cattle—Receipts 500. Market weak. Beeves, 7.20(09.00; cows and heifers, 3.90 (08.15; stockers and feeders, 3.60(07.90; Texans, 6.75(0)7.75; calves, 6.50(09.25. Sheep- Receipts 5,000. Market steady to 10c higher. Native and Western, 6.75 (06.90; Iambs. 5.86(07.00 CHICAGO CASH QUOTATIONS. CHICAGO, May 9.—Wheat—No. 2 red 99*4I4O2. No. 3 red 95<S98, No. 2 hard winter 91.@93. No. 3 hard winter 90(092, No. 1 Northern spring 90*4(093*4, No. 2 Norihem spring 89(091*4, No. 3 spring 88 $*90. Corn—No. 2 66(0 57%. No. 2 white 58*4 fi58%. No. 2 yellow 56*2(056%, No. 3 55L (067, No. 3 white 58, No. 3 yellow 56(0 66*2. No. 4 54*4(0 55*4, No. 4 white 57%, No. 4 yellow 55055*4 Oats—No. 2 white 37*4, No 3 white 35% (& 36%, No. 4 32%, No. 4 white 350 35*4, standard 36%@37%. PRIMARY MOVEMENT. WHEAT— 1913. IHT Receipts 6)1,000 463,000 Shipment* 882,000 434,000 CORN'-- i Receipts 507.000 688.000 Shipment* . . . . 404,000 485,000 CHICAGO C\R LOTS. Following are the receipts for Friday and estimated for Saturday; i Friday. Saturday. Wheat f 47 22 Corn 133 149 Oats 151 134 Hogs | 10.000 9,000 LIVERPOOL GRAIN MARKET. LIVERPOOL, May 9.—Wheat opened %d to *4d lower; at 1:30 p. m. the market was %d to %d lower. Closed *4d to %d lower Corn opened unchanged; at 1:30 p. m. the market was %d lower. Closed %d lower. COTTON SEED OIL. Cotton seed oil quotations: Opening Closing. Spot 6.91(36.00 May 6.93<£6.95 6.92(36.94 June 6.92(36.95 6.92(5 6.95 July 6.98(36.99 6.97 <36 98 August 7.02^7.04 7.02(37.04 September .... 7.03(37.05 7.02(37.03 October 6.71(5 6.71 6.69*3 6.70 November . . 6.43(56.45 6.40(3643 December ... 6.32(3 6.34 6.36(36.36 Closed very steady; sales 88, DR. WOOLLEY’S SANITARIUM m . j mi • I and trafcriatr an* Opium and Whisky r * years experience show* these diseases are curable. Patients also trejued at their homes Consultation confident;al. A book on the sub ject free. DR. B B WOOLLEY A SON* No, *-A VO* ; Ur aUmma. U*. ~ ARE YOU A FLY? Read The Georgian’s great editorial to-day, then study Winsor McCay’s cartoon: The Fly paper of Debt. To-morrow morning or on the next payday start a Savings Account with this strong bank. A SAVINGS ACCOUNT will keep you out of debt, for it will inculcate habits of thrift and economy. Human progress has been based on that far-sightedness that contemplates future needs and prepares for them, and a savings ac count is the most secure kind of insurance on the future. AMERICAN NATIONAL BANK ALABAMA AND BROAD STREETS ATLANTA, GA. Under Government Supervision. Assets Over $5,000,000 Oldest Savings Department in the City TST*- Get College Pennants Old Gold and White. From Your News Dealer For the convenience of our readers we have arranged with the following news dealers to redeem Hearsts Sunday American Pennant Coupons: JACKSON-WESSEL DRUG CO., Marietta and Broad Streets. MARSHALL PHARMACY. Peachtree and Ivy Streets. PALMER BRANCH, 389 Peachtree Street. CRUICKSHANK CIGAR CO., Peachtreaand Pryor Streets. CRUICKSHANK CIGAR CO.. Mitchell and Whitehall Street*. HARBOUR'S SMOKE HOUSE, 41 N. Pryor Street. WEINBERGER BROS. CIGAR STORE. Alabama and Pryor Street*. BROWN & ALLEN, Alabama and Whitehall Street*. STAR NEWS CO., Marietta and B^oad Streets. STAR NEWS CO., Peachtree and Walton Streets. WORLD NEWS CO., Peachtree and Marietta Streets. HAMES DRUG CO., 380 Whitehall Street. ARAGON HOTEL NEWS STAND. ATLANTA SODA CO., Broad and Marietta Streets. ATLANTA SODA CO., Mitchell and Whitehall Streets. MEDLOCK PHARMACY, Lee and Gordon Streets. WEST END PHARMACY, Lee and Gordon Streets. JOHNSON SODA CO.. 441 Whitehall Street. WHITEHALL ICE CREAM CO., 284 Whitehall Street. T. J. STEWART, Cooper and Whitehall Streets. GREATER ATLANTA SODA CO., 209 Peachtree Street. ADAMS & WISE DRUG STORE, Peachtree and Linden Streets. TAYLOR BROS. DRUG CO., Peachtree and Tenth Streets. TAYLOR BROS. DRUG CO., West. Peachtree and Howard Streets. CRYSTAL SODA CO., Luckie and Broad Streets. ELKIN DRUG CO., Peachtree and Marietta Streets. ELKIN DRUG CO., Grand Theater Building. JACOBS'PHARMACY, Alabama and Whitehall Streets. Out-of-Town Dealers: BENNETT BROS., 1409 Newcastle Street, Brunswiok, Ga. JOE N. BURNETT, 413-A Kinp Street, Charleston. S. C. THE GEORGIAN CAFE, East Clayton Street, Athens, Ga. M. & W. CIGAR COMPANY, East Clayton Street, Athens, Ga. < COLLEGE CAFE, Broad and College Streets, Athens, Ga. < ORR DRUG CO., East Clayton Street, Athens, Ga. BOSTON CAFE, North College Avenue, Athens. Ga. SUNDAY AMERICAN BRANCH OFFICE, 165 East Clayton Street, Athens, Ga. The Hearsts Sunday American Pennants are durably made in fast colors, with heavily em bossed, felted letters. Each of them will artistically reproduce the colors and the seal or mascot of some great university or college. Four Colors. t t I i | .*• Look for the Pennant Coupon in next Sunday*s issue of CAN 0