Newspaper Page Text
THE ATLANTA GEORGIAN AND NEWS.SATURDAY. MAY 10, 1013.
11
FAMILY A YEAR
Palmer Sticks to His Assertion
That Father of Five Must
Get $80 a Week.
WASHINGTON. May 10.—P.epre-
senative A. Mitchell Palmer, of Penn
sylvania, a member of the majority
i of the Committee on Ways* and Means
is standing: firmly by the statement
made by him in the House that $4,000
is the minimum annual income at
which, under modern conditions af
living, the American head of a fami
ly can properly rear, support, and
educate the average American family.
Mr. Palmer made this statement in
defense of the $4,000 exemption fixed
by the framers of the income tax bill.
Mr. Palmer amplifies nis statement
as follows'
“There were three points which, in
analyzing my statement, must be tak
en together. In the first place 1 sai l
the average American family.’ This
must be accepted as meaning the av
erage American family of five chil
dren.
“The legislation must presuppose
that the American family is not a
childless family, and the general av
erage of rich and poor, high and low-
COTTON GOSSIP
N'EW YORK, May 10. With Liverpool
closed, i he local cotton market was
more than usually dependent on the
weather conditions for inspiration at
the opening to-clny. hirst prices ranged
1 to 4 points higher than last night’s
close. Trading was of a light character
and fluctuations alter th«* call were
narrow, holding within a few points of
tlu opening figures.
The Liverpool market was closed on
account of Whitsuntide holidays.
The weather map was very discourag
ing to those who sold vesteday on
promises of rains in the Eastern belt,
and they seemed eager to replace liqui
dated lines over Sunday. The ring and
Wall Street covered considerable short
I cotton* white the Ifirger ipot houses
were noticeable buyers. < tfferings, how
ever, were light and scattered. The ad
vancing tendency continued throughout
the short session. July showed consid
erable strength and was the heaviest
pressed Option on the list and at times
the trade interest was centered entirely
upon it. Distant positions, especially
October and December, were under ac
tive buying and the three options rallied
5 points over the opening level.
Indications point ro fair weather over
the larger part of the belt over Sunday,
with somewhat lower temperatures.
West Texas will have unsettled show
ers. as will the Panhandle, while the
rest of the Stale will be lair
At the close, the market was steady,
with pr ices at a net gain of 4 to 8 points
from the final quotations of Friday.
Spot cotton at Savannah. Ga., is about
23 points higher than the highest option
on the New' York future list and about
the cheapest in the South. Spots arc
quoted at 11% cents there and the buyer
would have to add about 75 points on
the present prices should he buy it so
as to cover brokerage fees, insurance,
interest, freight coat and charge for
certification. There is a very small
chance for any profit In such a transac
tion.
• * *
The trade is still puzzled as to what
side McFadden will ultimately decide to
take. One da\ he is buying and the
other selling.
Memphis wires that the cotton lands
are in splendid shape and most of the
cottdh is up. The weather is said to be
good.
STOCKS ARE VERY
WILL ENTIRE Ml
Delaware and Hudson Shows
Weakness in Sympathy With
New York Central.
By C. W. STORM
NEW YORK. May 10.—Delaware and
Hudson was one of the weakest issues
on the list at the opening of the stock
market to-day, being sympathetically
depressed by weakness in New York
Central. Delaware and Hudson was 1*4
lower at the opening and later declined
still further. New York Central con
tinued under par. selling at 99*4 1‘or a
loss of *4.
Trading was quiet and nearly all
stocks suffered declines. Among the
losses were United States Steel com
mon, *4; Union Pacific. %; Reading.
a 4 ; Erie, *4; Amalgamated Copper, %:
Baltimore and (Info, %; St. Paul. %.
and Canadian Pacific Vfe At the end of
half an hour some of the issues ral
lied.
The curb was dull.
There was a bank holiday in London
and there was no session of the stock
exchange there.
MINING STOCKS.
BOSTON. May 10.—Opening: Boston
Corbin, 2L : Pond Creek, 19%; Cain
met. Arizona. 64*4; Shattuek, 24* 4 ; N1-
pissing. 8%.
HESTER’S WEEKLY
COTTON STATEMENT
Secretary Hester's weekly New Or
leans Cotton Exchange statement of
the movement of cotton, issued before
the close of business Friday, show's an
increase in the movement into sight
ly, must be taken regardless of the
genc-ral presumption that the families
of the rich are smaller than those of
the moderately well to do and the
poor. ’Ve are legislating for the av
erage.
“In the se.cond place 1 said a gross
Income of $4,000.. I did nbt say a net
Income, and therefore, taking the
gross income as the basis as the law
rakes it. there are numerous corol
laries to the problem as to just what
naturally unavoidable expenses of the
individual are taken from his income
and enter into his cost of living, so
that the net income of $4,000 might
represent the net on a gross of twen
ty times the amount mentioned.
“Third, I said: ’Support the family
according to the proper American
standard and send his children
through the high schools and colleges
of the land.’ 1 do not believe it will
be possible to find any one who will
attempt to deny that no modern
American can live under modern
American standards, feed, clothe and
educate a family of five with due pro
vision for their education and the
maintenance of their health, send all
of his children through college .*r
give them technical or business train
ing of equivalent value to a universi
ty course and keep much Inside the
expenditure of his income of $4.00o
a year. I do not think that readers
of the newspapers who analyze my
statement will take very clearly de
fined issue with the contention as I
there express it.”
Estimated cotton receipts:
1.913. 1912
New Orleans 1,500 to 1,800 1.051
Galveston 2,000 to 3.000 2.415
RANGE IN NEW YORK FUTURES.
This
Week.
Last
Week.
Last
Year.
Vis. supply.
American ..
In sight w'k
Since Sep. 1
Port st’ks
Port rec’ts.
Fxports . . .
Im. rec’ts..
Int. ship’ts.
Int. stocks.
4,532,133
3,070.133
100,270
12.542.594
488.39S
59.793
132,119
29,454
65.915
411.598
4,631.070
3.701.070
111.552
12.442,320
555,005
71.230
168,829
31,380
62.471
448.000
4.639.819
3.494.819
106,160
14.560,883
599,068
56,517
99,722
1 '• 31
64.550
260,522
Following is the Liverpool cotton
statement for the week ending Friday,
May 9:
1913.
| 1912.
Mr
In
Jv
a g
Sp
Oc.
Dc.
Jy
Mr
e
,d
&
M
*
o
C
S3
* £
t*
0.V
11.43
11.43
11.54
11.34
II. 09
10.96
10.98
110.95
III. 04
11.60
11.37
11.09
11.03
11.03
11.00
11.04
102111.43
ii.Mlii
11.34! 11
11.09
11.96
10.98
10.95
11.04
48.11.40-42
58111.48-50
60|U.51-52
37.11.30-21
10)11.01-02
03 10.45-96
04110.97-98
99110.93-94
04111.06-08 11.02-03
11.47-
11.56-
11.69-
11.36-
11.08-
11.02-
11.03-
10.11-
Closed steady.
NEW ORLEANS COTTON.
in cotton futures:
a
&
O
5
S3
*
3
m ®
u
My
Jr
Jv
12.15
12.20
12.15
12.20
11 93
12.03
11.93
12.0S
Ag
Sp
Oc
Nv
Dc
11.52
11.61
11.62
11.61
ii 09
11.16
11.09
11.16
11.09
11.16
11.09
11.16
Pb
Mr
11.16
11.16
11.16
11.16
12.20-
12.06-
12.02-
11.61-
11.28-
11.16-
11.16-
11.16-
11.19-
11.16
11.26-
22112.
08 11
03 11
63111
30H1
11
18111
16111
21111
18.. .
••
13-14
.97-98
.93-94
.52-64
.2-021
.08-09
.08-09
07-08
18-19
Closed firm.
PORT RECEIPTS.
The following table, shows receipts
at the ports Saturday compared with
the same day last year
•
1913.
1912.
Yew Orleans . .
Galveston
Mobile
Savannah
Charleston
Wilmington....
X orfol k
New York
Boston
Philadelphia ...
Pacific coast . .
Various
3,294
1.439
204
2.463
375
52
677
340
322
2.195
1.761
707
1.196
1.665
168
753
51 ”
561
55
t Total
9.141
7.612
INTERIOR
MOVEMENT.
1913.
1912.
Houston
Augusta
Memphis
St. Louis
Cincinnati
r *ttle Rock. . .
948
104
380
336
360
1.028
647 •
1.275
883
793
145
Total
2,158
4.871
SPOT COTTON MARKET.
Atlanta, quiet-: middling 11V
• Athens, steady: middling 11*4.
Macon, steady; middling Tic.
New Orleans, steady: middling 12 3-U?
New York, quiet: middling 12c.
Philadelphia, quiet: middling 12.10.
Boston, quiet: middling 12c.
Liverpool, holiday.
Savannah, steady: middling 12c.
Norfolk, firm: midddilng 1.2c
Augusta, steady; middling 12c.
Mobile steady: middling ll s 4
Galveston, steady: middling 12’,«.
Charleston, quiet: middling 11%
Wilmington, nominal.
Little Rock, quiet: middling 11%
Baltimore, nominal: middling 12%.
Memphis, quiet; middling 12%.
St. Louis, dull; middling 12%
Houston, quiet; middling 12c.
Louisville, firm; middling 12%
Greenville, steady; middling 11%
Charlotte. steady; middling 11%
COTTON SEED OIL.
Cotton seed oil quotations:
Opening
Spot
‘May
June
July
August .
September .
October
November
December
Closed steady;
. . . 6.92ft 6.94
6.92ft 6.96
6.95ft 6.97
7.01ft 7.02
7.01 ft 7.03
. . . 6.69ft 6.42
6.38ft 6.42
. 6.30ft 6.40
^ales, 2,900.
Closing.
6.9206.98
6.93ft6.94
<>.•406.95
6.96ft G.97
7.01 (a 7.02
6.69ft6.71
6.40ft6.42
6.306 6.36
Following are reports on the condition
of the cotton crop of Georgia Thomas-
ville: “Crop 90 per cent planted; condi
tion, complaint bad stands.” Boat wick:
"Crop 95 per cent planted; condition, 50
per cent up.” Monticello: "Crop 80 per
cent planted; condition, cotton not up
and will not come up until we get rain.”
Mansfield: “Crop 95 per cent planted;
'•ondiiion, very dry: none up in middle
Georgia.” Quitman: "Need rain.”
Penfield: “Crop 70 per cent planted:
condition, fair only.” Colquitt: “Two-
thirds to three-quarters planted with re
planting necessary to tlie extent of fully
>0 per cent with seed scarce and not
enough to replant. Crop prospects are
gloomy, but money conditions extremely
favorable.”
Dallas wires: “Texas Panhandle
partly cloudy; rest clear and warm.
Oklahoma—Clear and pleasant.”
ig is the ...... ...
cotton on Friday, May 9, as made up by
The New York Financial Chronicle:
Week’s sales
Of which American. ..
For export
For speculation
Forwarded
Total stocks
Of which American ....
Actual exports
Week’s receipts
Of which American
Since Sept. 1
Of which American...
Stocks afloat
Of which American
55,000
48,000
1,100
1,600
100,000
36,000]
31.000
400
600
56,000
1.151.000 1.316,000
962,000;1,210,000
3,000 4 9,000
40,000 84.000
34,0001 71,000
4,022,€*00 4.622,000
3.223.000 4.002,000
165,0001 171.000
139.000 126.000
NEW ORLEANS. May 10.—Hayward
& Clark: The weather map shows cloudy
over the Western Slates ar.d North Car
olina. generally fair elsewhere, with
scattered showers it) Mississippi. North
Alabama. North Carolina and a good
rain at Meridian. Miss. Indications are
for increasing cloudiness generally, with
increased prospects for showers In the
Atlantics and cooler in the north por
tion of the belt.
Cord ill wires from Augusta. Ga.:
"Troy, Dothan, Thomasville to Macon,
South Alabama and South Georgia con
ditions are irregular. Much cotton up
to good stands and chopped out. but ful
ly 25 per cent not yet up. Soil prepara
tion near perfect. Light, widely scat
tered showers yesterday beneficial. Gen
eral warm rain needed. Macon to Au
gusta. cotton Is coming up more evenly
but start late.”
The New Orleans Times-Democrat
says: ‘Cotton market equipoise has
come to he a habit and profitless ses
sions have made the rings disconsolate.
It is a oueer paradox, this keen desire
of the talent to discount the future, and
when they have accomplished their pur
pose and the market stands still the in
herent love of strife impels them to be
gin all over again. Yesterday a fair
weather forecast for the Eastern belt
worried shorts no little because the gen
eral rains over lhat section, upon which
they have been depending, have not
come.
“Now that the promise of general rain
is gone, dry weather reports from Geor
gia and the Carolinas will seem more
significant than ever. On the other
hand, 'spinners' takings for the week
were comparatively small, and the de
crease in the world’s visible supply con
trasted unfavorably with the decrease in
the corresponding week last year. Thus
both factions had good talking points
and the \isihle supply changes coming
lasr gave the bear the closing advantage
Roth factions appear ready to admit
that the market as a whole is short.
In the eyes of most professionals, the
new crop positions have seemed attrac
tive as a sale and the fact that many
operator- have sold them is responsible
for much of the buying power that de
velops when reports of seed rotting in
the ground and of the necessity for re
planting come in.”
NEW YORK PRODUCE MARKET.
NEW YORK. May 10.—Petroleum
firm; crude Pennsylvania 2.50.
Turpentine firmer. 43.
Rosin steady; common 4.75.
Wool quiet; domestic fleece 25626.
pulled scoured basis 37 ft 55. Texas
scoured basis 48055.
Hides active; native steers 16%ft 19%.
branded steers 16% ft 16%.
Coffee steady: options opened un
changed to 2 higher, Rio No. 7 on spot
11%.
Rice steady: domestic ordinary to
prime 4%@6%.
Molasses steady: New Orleans open
kettle 35050.
Sugar, raw active: centrifugal 3.33ft
2..';% muscovado 2.83ft 2.86, molasses
sugar 3.58ft 2.61.
Sugar', refined quiet: fine granulated
4.2564.25, cut loaf 5.15, crushed 5.05,
mold A 4.7064.60, powdered A36ft 4.45.
diamond A 4.25. confectioners' A 4.10ft
4.20. Softs—No. 1 4.C0ft4.10. (No. 2 Is
5 points lower than No. 1 and Nos. 3 to
14 are each 5 points lower than the pre
ceding grade.)
Potatoes irregular: white nearby 1*5
ft 2.25. Bermudas 3.00ft 5.75.
Beaus irregular; marrow, choice 5.95ft
6.05. pea choice 3.90ft4.00. red kidney
choice 4.10ft4.15.
Dried fruits firm; apricots choice to
fancy 11ft 12. apples evaporated prime to
fancy 6 % ft £ %. prunes 30s to 60s 5 % ft
8%. 60s to 100s * ft 5*4. peaches choice to
fancy 6ft 7. seeded raisins choice to fan
cy 51is ft 6 %.
compared with the seven days ending
this date last year In round numbers
3,000. an Increase over the same days
year before last of 30,000. and an In
crease over the same time in 1910 of
20.000. ,
For the nine days of May the totals
show a decrease under last year of 9.000.
an increase over the same period year
before last of 40.000. and an Increase
over the same time in 1910 of 29,000.
For the 251 days of the season, the
aggregate is behind the 251 days of last
year 2,128,000, ahead of the same days
year - before last 1,727,000 and ahead of
1910 3,353.000
The amount brought into-sight during
the past week has been 93.616 bales,
against 90,679 for the seven days end
ing this date last year, 63,352 year be
fore last and 73 803 same time in 1910;
and for the nine days of May it has been
108,477. against 1)6.992 last year, 18,338
year before last and 79,420 same time in
1910.
The movement since September 1
shows receipts at all United States ports
9.342,967, against 11.610.302 last year.
8,284.645 year before last and 6,840,168
same time In 1910. Overland across the
Mississippi, Ohio and Potomac Rivers to
Northern mills and Canada 912.907,
against 1,150,329 last year. 873,269 year
before last and 731,799 same time in
1910; interior stocks in excess of those
held at the close of the commercial year
307.148, against 189,732 last year. 18$,800
year before last and 229,306 same rime
in 1910; Southern mills takings 2 464.999.
against 2,204.714 last year, 1,953,484 vear
before last and 1,812.470 same time in
1910.
These make the total movement for
the 251 days of the season from Septem
ber 1 to date 13.027,022. against 15.155.077
last year, 11,300,198 year before last and
9.613,743 same time in 1910.
Foreign exports for the week have
been 130,918, against 87,215 last vear.
making the total thus far for the sea
son 7,787,733, against 9,842,513 last year,
a decrease of 2.054,780.
Northern mills takings and Canada
during the past seven days show a de
crease of 25,876. as compared with the
corresponding period last year, and Jh<
total takings since September 1 have <
creased 307.442. The total takings
American mills, North, South and Ca.
ada, thus far for the season have been
<*.721.083, against 4.733.350 last vear
These include 2,188.743 by Northern
spinners, against 2,496.185.
Stocks at the seaboard and the twen
ty-nine leading Southern interior centers
have decreased during the week 90.210
bales, against a decrease during the cor
responding period last season of 82,017,
and are now 15,360 larger than at this
date in 1912.
Including stocks left over at ports and
interior towns from the last crop and the
number of hales brought into sight thus
far from the new crop, the supply to
date Is 13,391,135, against 16,442,051 for
the same period last year.
World’s Visible Supply.
Secretary Hester’s statement of the
world’s visible supply of cotton shows a
decrease for the week just closed of 67,-
432. against a decrease of 261.274 last
year and a decrease of 149.480 year be
fore last.
The total visible is 4.550.370. against
4.617.802 last week. 1,167.000 Iasi year
and 1,194,090 year before last. Of this,
ihe total of American cotton is 3,067.370.
against 3.164.802 last week. 3.500,723 last
year and 2,178,244 year before last, and
of all other kinds. Including Egypt, Bra
zil. India, etc.. 1.483,000. against 1.453 000
last week. 1.167.000 last year and 1,194,-
000 year before last.
The total world's visible supply of cot
ton as above there is now afloat and held
in Great Britain and Corrtlnentai Europe
2.554.000, against 2,944,000 last vear and
1,944,000 year before last; in Egypt 180,-
000, against 171.000 last year and 155.000
year before last; in India 933.000. against
092.000 last year and 641.000 year be
fore last: and in the United States 883,-
000, against 861.000 last year and 632,-
090 year before last.
Spinners’ Takings.
Secretary Hester gives the takings of
American cotton by spinners through
out the world as follows, in round num
bers:
This week 191,000 this year, against
317,000 last year and 217,000 year before
last.
Total since September’ 1, this year, 11,
312,000. against 12.447.000 last year and
9,897.00*0 the year before.
Of this Northern spinners and Canada
took '.189.000 bales this year, against
3.496,006 last year and 1,951.000 ihe year
before; Southern spinners 2.522.000.
against 2.237.000 last year, and 1.987.000
the year before, and foreign spinners
.595.000 the year before.
ATLANTA MULE AND
HORSE MARKET
(Corrected by the National Stock Yarda
Commission Company; C G. Tur
ner, President.)
Mutes.
I 14 to 14% hands, tough, good ages,
i $115 to $130.
14 to i2%. finish wfith quai.ty, $165 to
$180
14% to 15 hands, rough, $130 to $170.
15 to 16% hands, finish, $180 to $205.
16 hands, with quamy ana finish, $205
to $230.
16 hands, heavy 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.
Uaavy draught horses, rough, $160 to
$210.
Heavy draught horses, finish, $210 to
$300.
Today's NewYork
Stock Market
Below are given the highest
lowest and
ast
prices
of stocks
lo-day, together
wit h
the
pre-
vious close:
Clos.
Prtv.
STOCK— High.
Low.
Bid-
Close
Amal. Copper.
75
74%
743 4
75
Am. Ice Sec..
25' «
25'. >
Am. Sup. Ref.
110' ?
%o%
Am. Smelting
67'/„
66%
66%
67' 4
Am. Locomc..
32-.
32
32
32%
Am. Crr Fdy
48' 4
48%
Am. Cot. Oil
42
42*%
Am. Woolen. .
17V,
171%
Anaconda
38
38
373,4
38%
Atchison ....
9»*»
99%
99%
99' 2
A. C. L.
120' 2
120%
120
120' 2
Amer. Can.
323/4
32%
323 4
32%
do. pref
94
93%
92' „
93
Am. Beet Sug.
■»/i.
303 4
Am T.-T
27%
127%
Am. Aqricul ..
49
49
B. R. T
89' ,
89%
B. and O.
97\
97%
97' |
97%
Can. Pacific
2417' b
140' ?
241%
141' 8
Corn Products
10' 4
10%
C. and O. .
63*/a
63' 4
Consol. Qas
130
130
130
130
Cen. Leather. .
22' 3
22' 2
Colo. F. and 1.
31
31
D. and H.
152' 4
151
150 : 2
152
Den. and R. Q
19
19
Distil. Secur. .
16*/j»
15' ,
Erie
28=„
28' ft
28'.4
28%
do. pref.
42 3 4
42%
43
43
Gen. Electric.
13734
1373/ 4
Goldfield Cons.
2
2
1%
17/.
G. Western. .. .
13%
14%
G. North, pfd..
126
126' 2
G. North. Ore
34
34
34
34
Int. Harv. (old) .
104
105
III. Central
113'/ z
113>/ 2
Interboro
14' ?
14%
14'/,
14%
do. pref.
50V„
4934
49^4
49%
Iowa Central. .
7
7
K. C. Southern
233 4
233 4
M.. K and T
24
23%
do. pref. .
60
59
L. Valley .
154^4
154%
154%
154'
L. and N. . .
131%
131%
131
131
Mo. Pacific
34%
35
N. Y. Central
9»•/,
987/ 8
98%
9934
Northwest..
l29'/ 2
1291/2
'at. Lead . .
47
47%
'. and W. . .
105' 2
105%
No. Pacific. .
114
114l/ 2
O. and W.
28%
39
Penna
111%
111'/ 2
111%
111%
Pacific Mail
22' 4
22»/ 4
22
22
P. Gas Co.
109
108' 2
Steel Car
24%
24%
Reading
I6U/4
160%
1603 a
161»a
Rock 1 land .
20
19%
19%
19%
do. pfd.
32%
33
R. 1. and Steel
23'4
23
23
23
do. pfd.
81' 2
817.
S.-Sheffield
29%
29
So. Pacific . .
957.8
95%
953/4
95%
So. Railway .
243/4
24%
do. pfd.
76'/ 2
76'/ 2
St. Paul . . .
107' 8
107' B
106'/ 2
107'.4
Tenn. Copper
34%
34%
Texas Pacific.
15'/ 2
Third Avenue
34%
34%
Union Pacific
148%
148'-a
148%
149
U. S. Rubber
63
62'.4
62
62%
Utah Copper .
51%
51%
51%
51%
U. S. Steel .
5934
591/2
59' 2
60
do. pfd.
106
105%
105%
106%
V.-C. Chem. .
28
26i/ 2
26
28
W. Union. . .
65
65
64%
65
Wabash .
3
3
do. pfd.
»'/«
»%
9' B
9%
W. Electric. .
61' 4
61
W. Central . .
50»/ 4
50' 4
W. Maryland
39
Total sales.
68,000
shares.
ATLANTA LIVE STOCK MARKET.
(By W. H. White, Jr., of the White Pro
vision Company )
Cattle receipts are heavier than usu
al. The market is 25 to 50 cents lower
on the middle grades, with a heavy sup
ply. Tops and choice in good demand
and market steady.
One load of the E. T. Comer cattle
were on the market this week and
brought $7.37% per cut. this being the
top price for the week These were
mixed highbred Short Horn and Here
ford young steers, fat and prime, bred
and raised on the Comer farm at Mill-
haven. Ga.. and would do credit to
any beef producing section.
With the exception of this load and
two loads of Short Horn steers from
A. N. Brown at McDonough, all of
which were sold to the Atlanta packer,
the run was badly mixed, consisting
principally of country pick up bunches
of all sizes and kinds, which sold at
prices fully as irregular as were the cat
tle.
Hogs continue to come freely. Market
has ranged lower in sympthy with the
Western markets.
Quotations Based on actual purchases
during the current week:
Choice to good steers, 1.000 to 1.200,
5.75ft 6.50; good steers. 800 to 1,000. 5.60
ft/6.00; medium to good steers, 700 to 850,
5.00ft6.75: medium to good cows. 700 to
800, 4 60<?f5.00; good to choice beef cows.
800 to 900, 4.7506.75; medium to good
heifers, 650 to 750, 4.25@4.75; good to
choice heifers. 760 to 850. 4.75ft 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 to
900. 4.5005.50; medium to common cows,
if fat. 705 to 800, 4.2505.26; mixed com
mon. 600 to 800, 3.250 4.00; good but^he*'
bulls. 8.60ft4.00.
Prime hogs, 160 to 200 average. 8.30ft
8.50; good butcher hogs. 140 to 160, 8.10ft
8.30; good butcher pigs, 100 to 140, 7.75ft
8.00; light pigs, 80 to 100, 7.00ft7.60;
heavy rough hogs, 200 to 250. 7.5008.25.
Above quotations apply to coin-fed
hogs, mash and peanut-fattened hogs,
1 to l%c under
NEW YORK COFFEE MARKET.
Coffee quotations:
1 Opening. j Closing.
January jll.50ftll.62
February TV.51 ft 11.53
March 11.48 ft 11.55 ill. 64 ft i 1.65
April H.48 ll.64ftll.66
May 11.10 11 .loftll .20
June 111.22011.23
July 11.27 11.30ft 11.36
August 111.35 11.40ftll.41
September . . .'11.45 I1.50ftll.6l
October. . . .il.45ftD.50 11.49 ft 11.60
November. . . 11.45ft 11.50 /1.48ft-11.49
December. .‘11.45 111 ,48ft 11.49
~cTosed steady.
LIVE STOCK MARKET.
CHICAGO, May 10.—Hogs: Receipts,
6.000; market steady. Mixed and butch
ers. 8.30ft8.55; good heavy. 8.30ft 8.50.
rough heavy, 8.10ft 8.25; light. 8.30ft 8.55;
pjgs, 6.6008.15; bulk. 8.4008.60.
Cattle: Receipts, 100. Market steady.
Beeves. 7.25ft8.96; cows and heifers, 3.50
ft.8.40; stockers and feeders. 6.0007.80;
Texans. 6.4007.90; calves. 7.0009.40.
Sheep: Receipts, 1,000. Market steady.
Native and Western, 4 60 0 6.50; lambs.
5.75ft 8.60.
ST. LOUIS, May 10.—Cattle—Receipts
100; fifteen Southerns. Market steady.
Native beef steers $5.75ft9.00. cows and
heifers $4.6008.75. stockers and feeders
$5.2508.00. calves $6.16010, Texas steers
$6.2507.75, cows and heifers $4ft7,
calves $5ft6.50.
Hogs—Receipts 2.600 Market 10c
higher. Mixed $8 4008.60. rough $7,550
7.85. lights $8.4508.60. pig* $708.25, bulk
$8.45ft 8.55.
Sheep—Receipts 500. Market steady.
Muttons $607. yearlings $708. Iambs
1703.25.
CEREALS GIVE UP
Unfavorable Weather News and
the Holiday at Liverpool
I
Causes Advance.
ST. LOUIS CASH QUOTATIONS.
Wheat - No ’.! red 102%
Corn—No. 2 58 I
Oats—No. 2 3 5 Vi ft 35% j
CHICAGO, May 10. From the man- j
ner in which the wheat market opened i
to-day, the day’s session will he one in '
which the smaller traders will even up
their position over Sunday. The May
was under pressure and sold %c be
low the closing of yesterday.
Corn was %ft %c better and firm
oats were stronger and Uft *4c higher
in sympathy with corn.
Provisions were firm. Trade small.
CHICAGO GRAIN MARKET.
Grain quotations:
Previous
High
IT
1 .<iW
(’lose.
Clone
VV HE/
May
89’*
89%
8 9 1 a
July
00
89%
89%
89
f^ept
99%
89%
89 %
CORN
May
56
55%
56*4
55%
July
56%
56
56 %
56
Sepl .
67%
56%
57
56 \
OATS
May
37
■*6 Vfc
35%
July
35%
25 > g
35
Sept.
35%
35%
35 V<e
36
FORK
Ma v
19.25
19.15
19.15
19.35
July.. ..
19.22%
9.10
19.2‘; v?
19.25
Sept....
10.07^
18.92 V*
19.0LV 2
19.07 %
May
10.00
10.87%
10.87%
10.92%
July. . .
10.75
10.77%
10.75
10.75
Sept. .
,10.80
10.75
10.80
10.80
RIBS
May...
11 40
11 A0
11.40
11.45
July
10.7-%
10.!%%
10.95
10.97*2
Sept....
10.85
10.77%
10.86
10 86
CHICAGO CAR
LOTS.
Sa t urday. M onda\
Wheat
138
J13
Horn
22
20
Oats
132
131
Hogs
6,000
41,000
CONDITION OF OATS IS POOR.
CHICAGO, May 10.—B. W. Snow
wires from Danville, Ill : “Drove
through Macon. Platte, Champaign and
Vermillion Counties. All big oats ter
ritory. Everywhere crop ts small in
growth, late and starting poorly. Sur
face of ground dry and plant has not yet
developed sufficient root to reach down
to the subsurface moisture, of which
there is plenty. Rains are badly needed
“Making rapid progress in corn plant
ing.”
WHEAT MARKET OVERSOLD.
CHICAGO, May 10.—The Inter-Ocean
says: "Those who are bullish on wheat
regarded the market as oversold and
said it would take considerable pressure
from shorts to keep prices down. They
consider the market on a healthy basis.
The trade in corn at the moment is
divided, hut they see nothing for sen
sational developments on either side
unless there might be a little conges
tion in May. l ocal traders in oats are
rather bearish, but some of the country
houses are buying."
OPINION ON GRAIN.
CHICAGO, May 10. Bartlett, Frazier
& Co.:
Wheat—We look for a steady market
to-day.
Corn —Cash position is strong, coun
try offering slight.
Oats—We believe the long side on lit
tle depressions the safer one.
Provisions—Cash trade is light, al
though shipments of lard and meats are
larger than last year.
ATLANTA MARKETS
EGGS—Fresh country, candled. 18ft
19c.
BUTTER—Jersey and creamery, in
i-lb. blocks. 27*/2ft30c, fresli country,
fair demand. 17*£ft22V2C.
UNDRAWN POCJTRY—Drawn, head
and feet on, per pound: Hens, 16@l7e;
fries, 22%ft25e; roosters. BftlO. turkeys
owing to fatness, 17ftl9c.
LIVE POULTRY—Hens. 40ft50c
roosters 30ft35c, broilers 36c per pound,
puddle ducks 30@85c, Pekins 36@40c,
geese 60ft 60c each, turkeys, owing to
fatness. 15017c.
FRUllb AND PRODUCE.
FRUITS AND VEGETABLES—Lem
ons fancy $5.50ft6.00, grapefruit $2.55ft4,
cauliflower 10ft 12 Vic lb., bananas, 3c per
pound, cabbage $1.60ft 1.75 crate, peanuts
per pound, fancy Virginia, 6*/4ft7c,
choice 6V4ft6c, lettuce fancy $2.0002.60,
beets $1.76ft2.00 in half-barrel crates,
cucumbers $2.2502.60.
Eggs plants /scarce) $2.00ft 2.50 per
crate, pepper $2.0002.60 per crate, to
matoes fancy, six-basket crates $3,000
3.60, pineapples $2.60ft2.76 per crate,
onions $1.76 per bag (containing three
pecks), swet potatoes, pumpkin yams,
16ft86c, strawberries 8ft 10c per quart,
fancy Florida celery »6.0© per crate,
okra, fancy 6-basket crates $3.0003.50.
FISH.
FIlIH--Bream and perch. 7c pound;
snapper. 10c pound; trout, luc pound;
bluefish, 7c pound; pornoano. 20c pound; .
mackerel. 7c pound; mixed fish 6ft 6c
pound; black mas, 10c poupd; mullet, $11
per barrel.
FLOUR AND GRAIN.
FLOUR—Postell’s Elegant $7.76,
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) $0, Victory
(the very best patent), $6.65, Mono
gram $6, Queen of the South (finest
patent) $6.60, Golden Grain $5.60, Fault
less (finest) $6.25, Home Queen (high
est patent) $5.85, Puritan (highest pat
ent) $5.85, Paragon (highest patent)
$6.86, Sunrise (half patent) $5.25, White
Cloud (highest patent) $5.50. White
Daisy (high patent) $6.60. White L!1\
(high patent) $6.60. Diadem (fancy high
patent) $5.75, Water Lily (patent) $5.16,
Sunbeam $5.25, Southern Star (parent)
$6 25, Ocean Spray (patent) $5.25. Tulip
(straight) $4.15, King Cotton (half pat
ent) $5. low grade 98-pound sacks $4.
GROCERIES.
SUGAR—Per pound: Standard granu ,
iated 6c, New York refined 4V»c, plan- j
tation 4 85c.
COFFEE — Roasted (Arbuckle's) ,
$24.50, A AAA. $14.50 In buik, in bags and
barrels. $21; green 20c.
RICE—Head 4*4ft6*/fcc. fancy head 54i
@6%c, according to grade.
LARD—Silver leaf 13c pound. Scoco
8%c pound. Flake While 8%c pound, j
Cottolene $7.20 per ease. Snowdrift $5.85 .
per case
HALT- Ore hundred pounds, 53c: salt
brick (plain) per case, $2.26; salt brick
(medicated) per case, $4.86; salt, red,
rock per hundredweight $1; salt white
per hundredweight 90c, Granocrystal, |
per case. 25-lb. sacks, 76c; salt ozone,
per case. 30 packages, 30c; 60-lb. sacks,
30c; 26-lb. sacks 12c
MISCELLANEOUS — Georgia cane I
syrup 37c. axle grease $1.76. soda
crackers 7%c pound, lemon crackers 8c. j
oyster 7c, tomatoes (2 pounds) $1.85 ,
case, (3 pounds) $2.25. navy beans, $3.25; !
Lima beans 7(4c, shredded biscuit $3 60. i
rolled oats $3.90 per case, grits (bags/
$2.40, pink salmon $7. cocoa 38c. roas*
beef $8.80, syrup 30c per gallon. Sterling
ball potash $3.20 per case, soap $1,600
4 per case. Rumford baking powder $2.50
per case
White Oity Park Now Open
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
Heart’s 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., Peachtree and Pryor Streets,
ORUIOKSHANK CIGAR CO., Mitchell and Whitehall Streets.
HARBOUR’S SMOKE HOUSE, 41 N. Pryor Street.
WEINBERGER BROS. CIGAR STORE. Alabama and Pryor Street*.
BROWN & ALLEN, Alabama aud Whitehall Streets. •
STAR NEWS CO., Marietta and Broad Streets.
STAR NEWS CO.. Peachtree and Walton Streets.
WORLD NEWS CO., Peachtree and Marietta Streets.
GAMES 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 Tenlh 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. Brunswick. Ga.
•IOE N. BURNETT, 413-A Kin<: Street. Charleston. S. C.
THE GEORGIAN CAFE. East Clavton 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 Hearst’s 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.
Look for the Pennant Coupon in next
Sunday's issue of