Atlanta Georgian. (Atlanta, Ga.) 1912-1939, May 10, 1913, Image 11

Below is the OCR text representation for this newspapers page.

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