Newspaper Page Text
Manufacturers’ Materials Brought
in at an Unprecedented Rate,
Hides and Wool Excepted.
WASHINGTON'. May 13 A Mata-
ment given out by Secretary of Com
merce Redfleld Indicate* the quan
tities of manufacturers’ materials Im
ported into the United States during
the present fiscal year will great l\
exceed the imports of last year and
the mark of any previous year If the
figures* for the nine months ended
.March, 1913. be any criterion
Of the ten important articles form
ing the bulk 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 the first nine months of
the present fiscal year was over
100,000,000 pounds, as compared with
06.000,000 pounds the same months
laK year; 163.000,000 pounds of wool,
ns against 126,000,000 last year.
R18.900 tons of fibers, against 231.000:
20.000.000 pounds of raw silk against
16.000.000; 91,000,000 pounds of pig
tin against 82,000,000, 234.000,000
pounds of copper pigs. bars, etc.,
against 206.000,000; 87,000.000 pounds
of crude India rubber against
81,000,000; 463,000.000 pounds of hides
and skins against 374,000.000; 818,-
000.000 feet of boards, planks and
deals against 646,000,000 feet and
48,000,000 pounds of 'eaf tobacco
against 37,000,000 pounds.
The only cases in which the 1m
ports for the corresponding period ol
any previous year exceeded the Im
ports for nine months ended March
this year were when the Imports of
hides and skins amounted to 48,000.000
pounds in 1910. as against 463,000,000
pound* for this year and when in
1896. 1897, 1906, 1909 and 1910 the
Imports of wool slightly exceeded the
Imports of the current year
ON HEAVY SALES
ST. LOUIS CASH QUOTATIONS.
Wheat—No 2 red
S orn—No. 2
an-No. 2
.97 @106
69%
36 4 ® 37
CHICAGO. May 13.—May wheat was
firm at 89%@89%c, as the offerings were
small at the opening, and there was
some demand from shorts. The more
deferred months were off %@%c 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 European visible supply
showed a small Increase.
There was little change in com and
oats, but both of these markets were
the smallesi fraction lower The mar-
1 eis of the Old World were quite dull
for corn.
There was a stronger feeling for hogs
ai the yards, but the provision situation
wa* dull and without any change early.
CHICAGO GRAIN MARKET.
Grain quotations
High
WHEAT
May
July.
6ept
CORN -
May.
July...
Sept.
OATS
‘4
894
89%
564
56%
57
I *ow
89
88%
884
55 4
56%
664
Previous
Close Close
89
88%
88%
56%
55%
56%
89%
89%
89%
*564
56%
67
May
July
37%
36%
37%
35%
Ilk
37%
36%
Sent
PORK
36M,
361*
35%
36
May
19.62%
19.50
19.62%
19.37%
July .
19.35
19 20
19.30
19.22%
Rent
19.10
18.95
19.07%
19.05
LA RD-
May....
10 92%
10.92%
10.92%
J uly
10.80
10.77%
10.80
10.77%
Sept .
RIBS
10 87%
10 80
10.86
10.80
May. .
11 50
11.42%
11.60
11.42%
July
11.02%
10,97%
11.02%
10 97%
Rent...
10 90
10 85
10 90
10 87%
PRIMARY MOVEMENT
WHEAT—
I 1913. |
1012
Receipts . . . .
Shipments
. . | 385,000
. .| 941.000
460.000
398.000
CORN— | |
Receipts . . . .
Shipments . . .
. .1 410,000
306,000 1
765,000
622.000
CHICAGO CAR LOTS.
Following are receipts for Tuesday and
estimated receipts for Wednesday:
Wheat
Corn .
fcg.
[Tuesday. iWedn’sday
34 30
223 90
254 j 139
12,000 ' 30,000
PORT RECEIPTS
The following table shows receipts at
the ports to-day compared with the
seme day last year
Today's New York
Stock Market
Below are given the highest
lowest and last prices of stocks j
to-dav, together with the pre
January.
February.
March ...
April.....
May
JOne . . . . .
July
August
September
October.
November
December-
Closed steady
11.1
11.606 11 l
11.61
11.61 @111
II. 25
u.33©n.:
n.4iiin.<
(11.60
11 59@ll.l
ill.68
III. 69
Sales, 36.iX>0 bags
Last
Sale
754
25' ,
110
67
324
32', h 32'/,
92%
30' 4 30*4
127% 128' 4
3?' 8
89
97%
239' R
10%
63%
130
22%
151*/a
32 , «
89' t
97%
239%
104
64' '2
131%
22%
161' 2
vious close.
Stock quotation*
I STOCK— High. Low.
Amal. Copper. 75' » 74'/*
j Am. Ice Sec. 25' 8 25' *
Am. Suq. Ref 110 109
Am. Smelting. 67 66
Am. Locomo.. 32% 32%
Am. Car Fdy..
Am. Cot. Oil..
Anaconda 38' 4 38
Atchison 99% 99V,
A. C. L.
American Can 32%
do. pref. 92%
Am. Beet Sug 30 2
Am. T.-T. 128 *
Am. Agrlcul ..
Beth. Steel 32' 4
B R T. 89%
B. and O. . . 97%
Can. Pacific. 241
Corn Product* 10%
C. and O. 64' ,,
Consol. Gae* 131%
Cen. Leather.. 22%
Colo. F. and I
D. and H. 151' 7
Den. and R G.
Distil. Secur..
Erie 28' 2
do. pref . 43
Gen. Electric 138
Q. North, pfd. 126' 2
G. North. Ore.
Int. Harv. (old) .
Illinois Central 114' 4
Interboro 14'„
do, pref. 49'-7
K. C. Southern .
M. , K. and T. ..
Lehigh Val. . 154' 2
L. A N
Mo. Pacific .
N. Y. Cen. .
N'weetern
Nat. Lead
N. A W. . .
North. Pac.
Ont. A West.
Penn. . . .
Par.. Mall . .
Peo. Gas. Co.
Press. Steel C
Reading . .
Rock Isl.
do. pref.
R. I. A S.
do. pref.
Slo s Shef.
So. Pac. . . .
So. Ry.
do. pref.
St. Pkul -
Tenn. Cop.
Tex. Pacific
Union Pacific
U. S. Rub.
Utah Copper 52
U. S. Steel 60* 4
do. pref. 106' 2
V. -C. Chem. 26' 2
Weet. Union 654
Wabash . 3%
do pref.
W'houee Elec. 62 62 62
West. Md. %
Total sales, 189.000 shares.
27% 2 8%
43 43
138 138
126' H 126* 8
113 1144
13% 14%
49' ? 49' ;
153' 4 154' 4
36
99%
. 129'4
47
105%
114%
.111'/,
1083 4
160%
20
32* *
96' 8
24* ?
34%
98%
129' >
47
106'. 4
113%
110%
108%
159' a
19%
32' a
96' ,
24' ,
35
39%
129'/ a
47
106%
114%
110%
108%
160' a
20
32' ,
96
24'
. 107
149'/, 147% 149%
61%
59
105%
26
65' 4
3'/*
52
60
106' 4
26'/,
65%
3'/,
Prev.
Close
74> ^
24
109
66' ,
32
48
42'' 2
37'/,
99'/,
120'/*
32%
92' 4
29' 2
l27'/ 2
49%
32' ' 4
89
241
10' ,
63%
130
22%
30* 2
151'/,
19
16%
28
42%
137'., 2
125%
34
103
113%
13%
49
23
23' 2
163%
130%
34%
98%
129'/,
47
105
113%
28'/,
110%
21%
108
24%
159'
19%
32%
23
81%
29
95
24%
75%
106' 2
34%
15
148' %
61%
51%
69%
106%
26
66
3
9%
61
39' 8
1913.
1912.
New Orleans
2.798
1.972
Galveston
2.456
1.766
Mobile . .
289
466
Savannah
1.397
2.963
Charleston
693
11K
\\ ilmington . . . .
129
9
Norfolk ...
1.502
896
New York
26
Boston
515
130
Philadelphia
109
Pacific Coast
2 144
> arious .
311
Total
11.872
9.3V,
INTERIOR
MOVEM
!
L
UJ
1913.
1 1912.
Houston .
1.782
1.072
\ugusta .
290
209
Memphis
947
1.690
S». Louis
233
244
Cincinnati
603
485
Little Rock
79
Total .
3.855
3.776
NEW YORK COFFEE MARKET
Coffee quotations;
i Opening
| Closing
11.60<!|lf6T
■.11.60
ft 11.61
11.63
ft 11.64
'll 63
Ft 11.64
11.26
i 11.28
’ll.33
ft 11.36
11.40
ft 11.41
11.50
111.61
11.60
ft 11 61
111 69
ft 11.61
11.69
ft 11 60
11.69 fa 11.60
t
White City Park Now Open
Pool Manipulation of Copper and
Consolidated Gas Also Credited
With Causing Strength.
By CHARLES W. STORM,
NEW YORK. May 13 Central Rail
road of New Jersey was again the weak
est feature of the list ai the opening
of the stock market to-day, declining
1 point to 296 on continued reports of a
threatened Government suit. 'Phis was
a drop of 26 point» since the cloie Sat
urday
Most of the other stocks were up.
Amalgamated Copper began % higher,
but soon lost the gain. Southern Pa
cific acted similarl>. commencing with
a gain of %, but losing It and making
a fractional decline within a halt hour
Virginift-Carollna. Chemical, which has
been under pressure for some time, lost
% Union Pacific commenced at 148%
for a fractional guin. but soon declined,
losing %.
Canadian Pacific lost 1%. although it
was strong in London on earnings re
ports. New York, New Haven and
Hartford and Northern Pacific gained
fractionally United States Steel com
mon opened at 59%, unchanged from
Monday. Pennsylvania road shaded %.
Erie lost the same amount.
The curb market was steady.
Americans In London showed a cau
tious tendency on the part of traders.
\ strong tone prevailed tn the last
hour, most issues making satisfactory
gains. Amalgamated Copper crossed 75
for a gain of % over the noon level,
while United States Steel crossed 60 for
an advance of %. Canadian Pacific
was under some pressure and shaded
fractionally. St. Paul. Southern Pacific
and Union Pacific made gains.
Stocks closed strong
Government bonds unchanged; other
bonds firm.
MINING STOCKS.
BOSTON. May 13.—Opening; Alaska
11. Granby 63, Fruit 164%. Wolverine 51,
North Lake 1.
BAR SILVER
NEW YORK. May 13 -Commercial
bar silver file Mexican dollars 48c
LONDON, May 13.—Bar silver steady
at 28 J- 16o Up 3-16d.
THE WEATHER.
Conditions.
WASHINGTON. May 13.—Unsettled,
uiowerv weather will continue to-night
over Western half of the country ex
cept from New York through the Caro
Unas, where there probably will be
ittle or no rain It will be somewhat
• >oler in the lower lake region and
New England
General forecast until 7 p. m Wed-
uay:
Georgia—Showers to-night and Wed
nesday.
MONEY AND EXCHANGE
NEW YORK. May 13.—Money on call.
2%@3 per cent. Time money unchang
ed. 60 days, 3% ifi4 per cent 90 days.
4; six months. 4%ft 4%.
Tosted rates; Sterling exchange.
4 83%(jj4.87 with actual business in
bankers' bills at-4 8615 for demand and
1.8280ft 4.8285 for 60-day bils
Prime mercantile paper unchanged
BRADSTREET’S VISIBLE
Following is the weekly visible sup
ply of grain by Braristreet
, Wheat, decrease 1.900,000 bushels
I Corn, decrease 1.745,000 bushels
J Oats, increase 1,516.000 bushels.
Recent Buyers Liquidate on News
of Good Rains and Bearish
Weekly Weather Report.
NEW YORK, May 13 Firm cable*,
coupled with bullish weather reports,
caused an upturn of from 3 to 4 points
at the opening of the cotton market to-
da> After the call, however, traders
sold and In consequence of the orders,
most of which came from profit-takings,
the list dropped several points
Sentiment was mixed
The early strength In the market was
attributed to short rovering by Wall
Street operators This buying was
based upon the failure of the map to
show rains. The official weather map
showed a few rains In Georgia, the other
Atlantic's and Alabama and much lower
temperatures In North Carolina. This
caused rather free offerings from the
ring and selling by recent buyers, which
was said to be profit-taking. Prices
dropped 3 to 6 points from the opening
range, with the exception of May, which
held steady at the opening quotation.
If Is said those who covered short
lines during the past few days will put
out these short lines again if there are
rains In the Eastern bell within the
next twenty-four hours The bears ex
press the belief that the dry Mnv makes
it apparent that the crop will have a
good start and they are nol Inclined to
put much confidence In the talk of dam
age of the excessive dry weather
The weekly weather report issued at
noon was construed as bearish, with the
exception of Georgia which shows the
lack of moisture. Texas shows the ef*
feet of cold nights, but not seriously.
During the afternoon session the mar
ket was under« hesfvy selling pressure,
based upon the weather report and May
dropped 6 points. July 7, October 8, De
cember 9 and January 7 points from the
Initial level. The buying was light and
scattered.
At the close the market was steady
with prices at a net advance of 6 to 7
points from the final quotations of Mon
day.
Following are n m bids In New
York: May, 11.52; July. 11.67; August,
1143; October. JUDR; January, 11.07.
Following are 10 a. m. bids in NeW
Orleans; May, 12.28; July, 12 07; Au-
;uHt, 11.66; October, 11.21
Estimated cotton receipts:
Tuesday. 1912.
New Orleans 3.800 to 4,500 916
Galveston 2.000 to 3.000 1.855
RANGE IN NEW YORK FUTURES.
a
£
O
c-u
My fi 1.54 11.57|ll.48111.49111.46-47 11
Jn |11.56111.66111.65 11.66|11.53-66 11
JI.V 11.68111.71 11.68111.69! 11.68-69 11
Ag 11.44 11.47 11.35(11.36111.35-36 11
Spt I 1.1611.1611.16111.16'11.06-08 11
Do 11.10 11.11,10.99 11.01 11.00-01 11
Dc I I 1MI.13j1l.00 11.02 11 01-02 11
Jn 111.09|I1.11 10.98 10.99110.98-99 II
Mb 11.t7|ll.17ln.Qgln.08ln 07 08 I ]
Closed steady.
51-62
60-61
64-65
40-41
12-13
06-07
07-08
05-06
12-13
LIVERPOOL COTTON MARKET.
LIVERPOOL, 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 6 points over Friday's
close At 12:16 p. rn , the market was
quiet and steady, with prices 4% to 6
points higher.
Fair business doing In spot cotton at
8 points advance, middling 6 76d. sales
8,000 bales, incltid'ng 7,600 American;
imports, 9,000 b^Ies, including 8,00(1
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 4%
• 5% points from the closing figures
f last Friday.
Futures opened firm
Opening
Range
.6.60
May . .
May-June
June-July
July-Aug.
Aug.-Sepl
Sept.-Oct.
Oct.-Nov.
Nov. - Dec-
Dec. -Jan.
Jan. - Feb.
Feb.-Mch.
Meh. - Apr
Closed steady
6.49
6.46
6.42
6.32
6.19
-6.461
Close
6.50
6.491
Prev.
Close.
6.44%
% 6.44
6.46% 6.46% 6.41%
-6.42% 6.42% 6.38
-6 32% 6.32% 6.28
-6.18% 6.18% 6.14
611%-6.11 6.11 6.06%
6.08 fi.68 % 6.08 6 03%
6.07 -6.07% 6.07 6 02%
6.06%-6.06 6.06% 6.02
6.08 6.07% 6 03
6.08 6.08%
HAYWARD & CLARK'S
DAILY COTTON LETTER
NEW ORLEANS, May 13—Europe
apparently was treated to bad crop news
which led to a strong Liverpool, with
futures 3 to 4 points better than due.
Political news is worse, reporting that
almost a state of war exists between
Greece and Bulgaria, with actual fight
ing. the Bulgarians attacking Greek
posts and wounded arriving at Saloniki.
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 un
it more is known about the crop de
velopment. The strength of July In
n’ow 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 attempts at the
ort interest and faith in the establish
ed record of the benefits of a dry May
till predominates.
The greater part of Alabama has had
enough rainfall to start the replant, and
official records show that sufficient
showers fell 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
around 11.18 for October.
NEW ORLEANS COTTON.
Open.
High
► 1 a ®
a |3 a
V
s
0
fi
My
12.30
12.31
12.27112.27
12.23-25112.20-21
J n
12.06-08
Jly
1 2.08
12.11
i 2.00; 12.02
12.02-03 12.06-07
Ag
11 67 11.71
11.61 11.61
11.62-63 11.57-68
Bp
i
11.27-29111.32-34
Oc
i 1 20
11.24
1113 11.16 11.16-16 11.20-21
Nv
I I
11.15-17111.20-22
Do
1 1 20
11.28
11.12,11.15 11.14-16 11.20-21
Jn
Fb
Mb
11.26 11.26
11.16 11.16 11.17-18 11.23-25
. . ill 15-17 11.20-22
! . ..111.23-25'
Closed steady.
SPOT COTTON MARKET.
Atlanta, quiet; middling 11 %
Athens, steady; middling 11 %
Macon, steady, middling 11%.
New- Orleans, steady; middling 12 5-16.
New York, quiet; middling 12.10
Philadelphia, quiet, middling 12.20
Boston, quiet; middling 12 10
Liverpool, holiday^
Savannah. stead> .middling I2e.
Norfolk, firm; middling 12c
Augusta, steady; middling 12c.
Mobile steady; middling 11-%.
Galveston, steady; middling 12 3-16...
Charleston, quiet; middling 11%.
Wilmington, nominal
Little Rock, quiet; middling 11%
Baltimore, nominal; middling 12%.
Memphis, quiet; middling 12%.
St Louis, quiet; middling 12%
Houston, steady; middling 12%
Ijouisville, firm; middling 12%
Greenville, quiet; middling 11%
Charlotte, steady; middling 11%
COTTON SEED OIL.
Cotton seed oil quotations:
Spot . . .
May . .
June . . .
July . .
August . .
September
October
November
December
Crude oil
i Opening. Closing
|~6.854f6.99
6.92(b 6.93 I 6.9lft6.92
6.91 @6.95 6.90ft 6.93
6 95ft 6.96 6.91 @6.92
7.00ft 7.03 6.98ft 6.99
7 01 ft 7.03 6.99ft 7.00
6.69ft6.72 6.68ft 6.69
6.38ft 6.44 6 38ft 6.41
6.29ft 6.36 6.27ft 6.34
6.00
H-H-M**r-I**y-I**!**r*I*n—i**»**rI*!**I—
Closed heavy, sales 8.500 barrels
JUST
This Is a Good Time To Enter
Timid boy and girl contestants are asking ns, every day, if it
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Our answer is that now is the right time. The “too late” period
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to send in a nomination blank bv to-day’s mail.
WOULDN’T YOU LIKE TO OWN THIS OUTFIT?
And wouldn’t your enjoyment from its use be doubled if your own efforts had
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This Nomination Blank
Starts You With A
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N ame
Address
Subscription blanks and printed instructions for the use of contestants are now ready. Sent anywhere on request.
To-day’s Vote Coupons appear on Page Two of this newspaper—Ask your
friends to save the 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
Hearst’s Sunday American and Atlanta Georgian
20 East Alabama St. ATLANTA, GA.