Newspaper Page Text
NEWS
1
14
THE ATLVXTA C VORCITAX AX
Tl’KSDAY. AT A A* 13, 1013.
ALL FISCAL MARKS
Manufacturers' Materials Brought
in at an Unprecedented Rate,
Hides and Wool Excepted.
WASHINGTON, Mai 13 \ st ill
mom given out by Secretary of Com
merce Redflold indicate ■ the quan-
of manii f i nr* r - iyi <; * r iru
ported Into the United States during
Today’s New York
Stock Market
the present flscr.: y.-jir will gnat!'
exceed the Imports • ■: last y*;ir and
the mark of any previous year if th<*
figure.” for the nine months ended
March. 15413. be any criterion
Of the ten important article? form
ing the hulk of the imports of such
materials, cotton, wool, fibres, silk,
tin. copper, rubber, hides, lumber and
tobacco—the imports will, with but
two exceptions, exceed the former
high record mark.
The quantity of raw cotton import
ed during th* first nine months of
the present fiscal year was over
1O0.000.000 pounds, as compared with
ofi.ooo.ooo pounds th«- same months
laMt year; 163,Ono.ooo pounds of wool
as against 126,000,000 last year.
3I8.0OO tons of fibers, against 231.000;
20.000.000 pounds of raw silk against
10.000.000; 91,000,000 pounds of pig
tin against 82.00U,000; 231,000.000
pounds of copper pigs. liars, ft
against 206,000,000; 87.000.000 pounds
of crude India rubber against
SJ.OOO,000; 4*>2,000,000 pound.- of hides
and vkins against 374.000.o00; 818.-
OO0.O0O fee t of hoard*, planks and
deals against 64u.000.000 feet and
48.OOo.oou pounds of 'eaf tobacco
against 37.ooo.uoo pounds.
The only cases in which th> im
ports for the corresponding period of
any previous year exceeded the im
ports for nine month's ended March
this year were when the imports of
hides and skins amounted to 48,000,000
pound” in 1910. as agiinst 453,000.000
pounds for this year and when in
1896. 1897, 1905. 1909 and 1910 the
imports of wool slightly exceeded tin-
imports of the current year.
GRAIN
ST. LOUIS CASH QUOTATIONS.
Wheat—No. '-red !*7 (ft 1
Corn—No, 2 53H.
Oats—No. 2 36 Kmti
CHICAGO, May 13 May wheat was
fiitn at 89*4 f 't 89 T *<. as the offerings were
small at the opening, and there was
some demand from shorts. The more
deferred months were off ' 4 ft;V and
were under some pressure
Liverpool reported the larger world's
shipments and favorable European crop
prospects as offset by smaller Manitoba
offerings and the stronger feeling for
Indian and Plate wheat. Northwestern
receipts were considerably In excess of
a year ago. also the receipts at Win
nipeg The Kuropean visible supply
showed a small increase.
There was little change in corn and
oats, but hath of these markets were
the smallest fraction lower. The mar-
K*ts of the Old World were quite mill
for corn.
There was a stronger feeling for hogs
at the yards, but the provision situation
wa ‘ dull and without any change early
CHICAGO GRAIN MARKET.
Crain quotations;
High. Low
WHEAT
May
July
Rept
CORN-
May
July
Rent
OATH—-
May
July
Sept .
PORK-
May . p-
.luly. ... in
Sept l! 1
LARI)
Ma\ It
July ... it
Sept ... n
KIBS-
Mav
July
Sept
Previous
t 'lose. Close.
88 « a
Below ap‘ <ri\
(11 tl
p iii"lips
lowest and last
price*
of stocks
1 o-day, totfether
wit)
the
pre-
vious close :
Lant
Prev.
STOCK— High.
Low.
Sale
Close.
Amil. Copper. 75' *
74' 2
75' a
74 1
Am. Ice S«c. .
24
Am. Suq. Ref.. 100' H
109
109 * 8
109
Am. Smelting 67
66' ,
67
66'
2
Am. Locomo.. 32 / «
32 7 8
32' h
32
Am. Car Fdy
48
Am. Cot. Oil.. . .
42'
3
Anaconda 28' *
38
38
37
Atch'son . .
99
A. p. L
120'
American Can 32 a fc
32' „
32'm
32'
4
do. pref. 92'*i
92’>»
92%
92'
4
Am. Beet Sufl. 30 ?
30' ?
30/2
29
Am. T. T. 128' 4
1271,
128 4
127'
2
Am. Atjricul
49'
4
Beth. Steel.. 32* 4
32' a
32'/«
32'
4
B. R. T.
89
89'*,;
89
B. and O. 97' 8
97%
97 7 a
Can. Pacific . 241
240' 4
240* :1
241
Corn Products 19 V.
10%
10%
10'
ft
C. and O. 64 ,
63'4
64' 2
63*
4
Consol. Gas . 131 7 H
130
131%
130
Cen. Leather... 22 1 *
22H
22%
22'
4
Colo. F. and 1.
53 C
D. and H. . . 16U?
151' 2
15V *
151'
s
Den. and R. G.
19
Distil. Secur
15'
*
Erie 28 4
277' 8
00
»■
28
do. pref. 43
43
43
42'
Gen. Electric 138
138
138
137'
G. North, pfd.. 126 1 ?
126' 4
126'/ 2
125 7
G. North. Ore.. .
34
Int. Harv. (old)
103
III. Central . 113
113
113
113'
Interboro 14 1 H
13%
14'/ a
13 ‘
do. pref.
49
K. C. Southern
23
M., K. and T. .
23'/
Lehigh Valley . 154
153'/ 4
154
153'/
L. & N
130*4
Mo. Pacific . . 35
34%
35
34G
N. Y. Cen. . 99* 8
98' 8
99%
98*
N ’western . . . 129* £
129' 2
129' 2
129'
National Lead 47
47
47
47
N. & W. . 105‘ b
105' 4
105%
105
N. Pacific . 114
113%
113%
113'
Ont. & West.
28'
Penn. . . . 1111 *
110*4
111
110^
Pacific Mall »
21%
People s G. Co.
108
Press. St. Car 24' .
24' 2
24' 2
24%
Reading . . 160' H
158%
159 7 8
159'/a
Rock It!. . . . 19'k
19%
19%
19%
do. pref. ... 32's
32' „
32', a
32%
R. 1. & S
23
do. pref
81' 4
Sloss Shef. . .
29
So. Pacific . . 95 1 .!
95' „
95 » 4
95
So. Ry . . . . 24' ..
24' 4
24%
24%
do. pref. . .
75 7 a
St. Paul . . .106>b
10S »*
106%
106'
Tenn. Cop. . .
34' a
Tex. Pacific . . 16' 8
16' 8
16' 8
15
Union Pacific 149
147%
148 j 4
148,4
U. S. Rub
61'/ 2
Utah Copper . 52
51 '4
51 3 4
51%
U. S. Steel ... 60
59
595-a
59' B
do pref. . . . . 105 *
105-' 4
105'4
105' ' a
V.-C. Chem. . . 26
25' 4
26
26
West. Union
65
Wabash
3
do. pref
9’
W’house Elec
61
W. Maryland
39'/,
STOCKS
COTTON
(>KK. May 13
illi bullish wca
upturn-of from
ting of the cotto
r the call, how
10 Ml
10.85
11 02 4 10.97 1 * n.02 :
10.540 10.85 10 90
PORT RECEIPTS.
10.87 Vi
‘ .
10.80
11.42 4
10 5'7 4
10.87Vt
The following table shews receipts at
tie ports tn-riav compared with the
same day last year:
New Orleans
Galveston . .
Mobile
Savannah . .
Charleston
Wilmington . .
Norfolk
New York
Boston
Philadelphia
Pacific Coast
Various
Tuial
11,872 8.3'da
INTERIOR
MOVEMENT.
1913. | 1912.
Houston
1.78'J j 1.072
Augusta
'.•‘He ' 20!»
Memphis ....
1*47 1.690
St. Louis
23.3 244
Cincinnati . .
*>‘G 4 8.'.
L’t tie Roc k
Total ...
_ S.855 3.776
it ions turn
COTTON MARKET OPINIONS.
Norman Mayer * Co t mil yo.,<l
rams in Atlantic's, t-xpect nervous mar
kets; probably working upward.
Sternberger. Sinn & c.. Th, short
Interest has mu «1ocreased ’o any great
extent and this should tend to sustain
pi ees.
Miller Co. Unless
for the worst, we look for lower pric
I>jg»n <8- Bryan General conditions
• re not of a niMure to create enthu
siasm on the long ide of cotton
Atwood. Violet* &- Co : We would
avoid the short side of July at present
loiter months., however, we believe
should be sold on any further ralh
Hayden. Stone Ar Co. Cntil ' good
rains come in the Atlantic? there will
be nothing to induce short selling.
LIVE STOCK MARKET.
CHICAGO. May 13 Hogs Receipts
12.600. Market strong Mixed and
butchers $8 25ft/8..V . good heavy $8 2f>fti
8.45, rough iiea\ j $8.05fti X 20. ligl t 'V
8 52. pigs $6.64)ftx8 15. bulk $8.4 4Uei X
Cattle—Receipts 100. Market steady
f eeves $7.15(&8 00. cows and heifers :•
8.26. Stockers and feeders $6.00ftj7 75.
exans $6 25fti 7.75. caives $7 00ft - Oo
Sheep—Receipts 14,060 Market steadv
Native and Western 94.75&6.50. lambs
H 76fii8 50
ST LOCIS. May 13 —Cattle Receipts.
3.000, including 700 Southerns; market
steady Native beef steers. $5.75fu f «•«;
cows and heifers. $4.50fti8.75; Stockers
and feeders. $5 Avffi 8.00: calves. $$'0 9.75:
Texas steers. $6 7.50; cow s and heif-
ers. $4fft$7: calves. 35fft6 50
Hogs: Receipts. 8.500: 5c lower Mix-
e* t8. 40ffi 8.57U g«>-id. 38 40ft/8.54- m
$7 76©8.00; light. $8 45ft/ 8 60: pigs. *7 06'-/
8.00; buik. $8 454x8.56.
Bheep: Receipts. 3,000; market sieaoy
muttons. $5.00ft/ 7.00; yearlings. #7 OOfti
8 00; lambs. $7.000 8 25.
By C4HARLES W. STORM
NHW YnUK. May 13 Central Rail-
nun! of New *.At scy was again the weak
est feature -*f the list at the opening
of the stock market to-day. declining
point to 21*5 on continued reports of a
iht eat* tied <»ov»-rnnient suit. '1’his was
a drop of 25 points since the close Sat
urday*
Most of the other stocks were* up
Amalgamated Copper began 1 4 higher,
but soon lost the gain. Southern Pa
cific acted similarly, commencing with
a gaiti of 'V but losing tt and making
j 1 fractional < - - urn- w ithin Half hour
Virginia-Carolina Chemical. which has
been under pressure for some time, lost
•aclfic commenced at 148 ; Si
nal Main, but soon declined,
l 'nion
for n fracti
losing V
Canadian
was strong it
ports. New
Hartford and
Pacific lost IV although it
in London on earnings re-
York. New Haven ami
Northern Pacific gained
*d
fractionally. Vnitod States Ste
nton opened at .V V unchanged from
Monday. Pennsylvania road shaded Vs.
Kric lost the same amount
The curt) market was steady.
Americans in London showed a cau
tious tendency on the part of traders.
MINING STOCKS.
BOSTON. May 13 Opening; Alaska
11. Granby 63, Fruit 164‘t. Wolverine 51,
North Lake 1.
BAR SILVER.
NEW YORK. May 13. Commend
bar silver file Mexican dollars 48c
LONDON. May 13 Bar silver stead
at 28 3-16U. Up 3-16/1.
THE WEATHER.
Conditions.
WASHINGTON. May 13. Unsettled,
diowery weather will continue .to-night
river Western half of the country ex-
ept from New York through the Gar**
liras, where there probably wyi be
:t!e or no rain Ii will be somewhat
ler in the lower lake region and
•w 1 ingland
General forecast until 7 p. m. Wed-
Showers to-night and Wed-
. P Morgan ha su- % o» tied his fath
er on two Vanderbilt roads. The
financing of the Central system
is :» harder (ask to-day than it
used to be. The New York Cen
tral no longer occupies a proud
place at the pinnacle of American
railroad properties. Its stock is
be.ioVv par. And its treasury is
gapingly empty. It will require
all the Morgan firm’s ingenuity
to devia* ways and r: -'aus of r; *-
ing the scores of millions needed
d on
put tin
financial
"here is tnote money in being bank
er for an impecunious road than
an opulent one. Any one could
float Lackawanna securities, but
a good banking name is needed to
dispose of second rat* stuff. The
Morgan house mad*- millions from
reorganizations — Wall Street used
to call hbn Doctor Morgan. s*o
many operations did he -'erform
on sick .aiiroads. Kuhn. Loch <Y
list dm
'raiment
dlof Ing
me from
»2; July,
11.08; .1
Wall
map .
ot her
New Orleans .. . 3,800 to 4,5
■ lalventon 2.000 to 3,0
The early strength In the in
attributed to short covering
Street operators. Phis bu
based upon tin* failure of tli
show' rains. The official \ve«
showed a few rains in Georgia.
Atlantic’s and Alabama and much lower
temperatures in North Carolina Thqj
ratified ratlin free offerings front the
ring and selling by recent buyers, which
was said to be profit-taking Prices
dropped 3 to 5 points from ibo opening
range, with the exception of May. which
held steady at the opening quotation.
It is said those who covered short
lines during the past few d
out these short lines again
rains in the Pastern belt
next twenty-four hours. T!
press the belief that the dry
n apparent that 1 he croi
good start and they tire n
put much contid
age of the < xcC
The weekly w
11
put I
vill
if there
within the |
te bears ex-
May makes
w ill have a
ot inclined to
in the talk of dam- *
•r report issued at I
is b« a fish, with t in j
exception of Geuig ji. whic h shows D •*
lack of moisture Texas shows the ef
ieef of cold nights, hut riot seriously. |
During the afternoon session the mat - i
U* 1 w a - under- I ( veiling . ■ 1 r r
I»a - e l upon the weatiier report and May j
dropped 6 points. July 7. October 8. I>• • - 1
cember 9 and January 7 points from the
initial level. The buying was light and
scattered.
NEW YORK COTTON.
Quotations In cotton futures:
j i "j jLttstl Prev.
lOpenlHlghlLowl Sale] Close.
May . . . |11.64|11|57|11.48111.48111.51-52
June . . ! | jll .60-62
July . . .11.68|11 .7111 .59(11.62|11 .64-65
Aug . . .11.44 11 . *7|11.36 1 1.36 11.40-41
Sc pi. ... 1 I .16,1 I . 16.1 1.1611.1611. 12-14
• >et . 11.10 11.1111.01 11.0111 .06-07
Dec . . .11.1111. 13111 .02 11 .01 M .07-08
Ian. 11.09 11 . 1110.98 11.00 11,05-06
Mch. 11.17 11 .17|11.0»|11.09 11.12-14
LIVERPOOL COTTON MARKET.
LI VICK POOL, May 13-This market
was due to open 2 to 3 points higher to
day. but opened steady, with prices at
a net gain of 4 to 5 points over Friday’s
close-. At 12:15 p. in., the market was
quiet and ste ady, with prices 4 C to 5
points higher.
Fair busine ss doin^ in spot cotton at
X points advance; middling 6.76ei; sales
8,000 bales, including 7,600 American:
iipports, 9,000 hales, including 8,000
American.
This market will be closed Friday,
May 16, and Saturday, May 17.
At the close the market was steady
with prices showing a net gain of (’w
't’iV-fe points from the closing figures
»f hist Friday.
Futures opened firm.
Opening. Prev.
Range. Close Close.
.6.50 6.50 6.44 V**
.6.49 -6.4644 6.49V4 6.44
.6.46- 6.46Vi 6.46 Vs
.6.42 "
. 6.32
.6.19
May . . .
May-J tine
June-.fuly
July-Aug
Aug.-Sept
Sept.-Oct.
()et.-Nov.
Nov. -1 >ec.
Dec.-Jan.
Jan. - Feb
Feb.-Mch.
Mch.-Apr. .
Closed steady
6.42 Vi,
-6.32V* 6.32V2 6.28
-0.18V* 6.IRV3 6.14
.6.11 Vi-6.11 6.11 6.06 V
.6.08 6.08 Vi 6.08 6.03 ‘
.6.07 -f>.07 1 ^ 6.07 6.02V
.6.06R;-6.06 ” 6.00 V- 6.02
.6.08 " 6.07 >2 6.03
.6.08 6.08 Vi
HAYWARD & CLARK’S
DAILY COTTON LETTER
NEW ORLKAN8, May 13 Kuropr
aplHirently was treated to bad crop news
which led to a strong Liverpool, with
ft.lures 3 to I points better than due
Political news is worse-, reporting that
almost a stale of war exists between
Greece and Bulgaria, with actual fight-
ng. the Bulgarians attacking Greek
po-ts and wounded arriving at Sahmiki.
Correspondence from Liverpool shows
bearish views as to the ultimate course
of prices, but opinion is in favor of
waiting around 6 pence for a while tin-
I more is known about the crop de
velopment. The strength of July in
.*■ w York is still pulling the New Or
leans market up. but lack of confidence
shown by restricted support. Current
damage reports are regarded as acces
sory to professional attempt# at the
at interest and faith in the establish
ed record of the benefits of a dry May
d predominates.
The greater part of Alabama has had
enough rainfall to start the replant, and
official records show that sufficient
showers fedl over a considerable terri
tory of Georgia. The Savannah dis-
ict shows seven stations with an av
erage of half-inch over night
The contract market is dull but steady
a round 11.18 for October.
NEW ORLEANS COTTON.
I Last! Prev
Open 1 ligh Low Sale Close Close
. 12. W 12.31 12.28 12.29 12.26
12.08 12.11112.02112.03 12.06-07
, .jll.67 11.71 11.6511.65111.67-68
4 1.32-34
.11 20 11. 21 11.15 11 .1)7 11.20-21
. 11.20111.23 11.15 11.16 1 1 .20-21
11.26 11.26 11.26 1 1.26 11.23-25
COTTON GOSSIP
According to P. S. Sullivan, of Morris
11. Rothschild «Sr Co., the conditions in
the eastern holt are exactly the reverse
of those of last year. Mr. Sullivan has
Just returned from a six weeks' trip
throughout the eastern belt.
"I arrived in the belt a year ago this
time to the day and made my tour over
the same ground, so 1 am in an excep
tional position to compare conditions
with those of last \tur. Last year the
ground was hardly broken and farm
work was so late that >n Georgia farm
ers sow ed their seed right after rite plow
without taking, tin- time to break up
the ground properly.’’ he says. "That
fact accounts for the poor crop. This
year 1 found the ground thoroughly pre
pared wherever 1 went. and. as a rule,
farmers ware two weeks ahead of last
your. With the exception of North.
Carolina, planting is well advanced and
in the extreme South a good deal .»f
cotton is up. Possibly excluding North
Carolina, where, farmers are not plant
ing yet. the eastern States of th** belt
hi* vt increased their acreage Kvery-
where I went farmers estimated - that
the acreage is 5 per cent larger than
last year. I estimate that Georgia has
planted 3 to 5 per cent more land in
cotton than the previous season."
Shorts are becoming more nervous
owing to tHe cool weather and insuf
ficient rams in the eastern belt and J
talk of delayed germination, which has
bee*.me one of the leading factors in
stimulating the market. Yesterday July!
sold up as high as 11.68. This was the |
highest that option has sold since the
latter part of April, when it sold at
Dallas wires: "Texas -Clear and cool
Oklahoma—Generally clear and pleas
ant.”
Good rains were reported at Knox
ville. Tenn.. and Birmingham, Ala.
• * *
Norden A- Co says 'Tries* there
is a c hance in the weather in the im
mediate future, we think a further sharp
upturn is to be expected."
Wash
tat Hie
JL
1 k
■niwprrr m
I
rrzvn :■ tsa arapwwKr mmmm
'1
&
¥ T
STARTING
This Is a Good Time To Enter
Timid boy and girl contestants are asking us, every day, if it
is too late to enter this contest for free Shetland pony outfits.
Our answer is that now is the right time. The “too late” period
will be here before we realize it, though, and every boy and girl
who wants to compete for one of these splendid outfits is urged
to send in a nomination blank bv to-day’s mail.
HfPfi tc | ^ . r rv h '
T-C, ' ; .
AncTwouldn’i your enjoyment from its use be doubled if your own efforts had
earned it for you? Certainly! And this delight is ahead for the winners in this
great contest. Why not send your nomination blank to-day, and make an effort
to be among the winners?
qoooooooooooooooooooooooooooooooooocoor-ooc^oc X3C oocooooooooo 00000000
I nominate, as a candidate in The Hearst’s Sunday American.§
and Atlanta Georgian Pony Outfit Contest:
e
This Nomination Blank
Starts You With A
Thousand Votes
Name
Address ©
- I
Nominated by <5
©
Address «
GOOD FOR 1.000 VOTES
Only one nomination blank can be voted for any contestant. 3
50000COOOOOOOOOOOOS
Subscription blanks and printed instructions for the use of contestants are notv ready. Sent anywhere 011 request.
To-day’s Vote Coupons appear on Page Two of this newspaper-—Ask your
friends to save ike Vote Coupons for you. They will be found in The Georgian
every week day and in every issue of Hearst’s Sunday American.
Address all inquiries, nomination blanks, vote coupons, etc., to
PONY CONTEST EDITOR
rsfs Sunday American and Atlanta Georgian
20 East Alabama St. ATLANTA, GA.
0.
White City Park Not/ Open i
Harriman ' rest or
Pacific aud other
»n
•t Union
2. at noon. Ka.'tttn time. It will
condition of the crop to May 25.