Atlanta Georgian. (Atlanta, Ga.) 1912-1939, May 14, 1913, Image 14

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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 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. WOULDN’T YOU LIKE TO OWN THIS OUTFIT? And wouldn’t 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? This Nomination Blank Starts You With A Thousand Votes OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOGOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO I nominate, as a candidate in The Hearst’s Sunday American and Atlanta Georgian Pony Outfit Contest: 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.