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THE ATLANTA GEORGIAN AND NEWS, COTTON WEAK ON EVE OF HOLIDAY May Rides the ‘Toboggan’ Early, Others Following—Bearish Cable Causes Weakness. NEW YORK. May 29.—A break of IS points in May was the feature of the cotton market at the opening of the cotton market to-day. June followed with a decline of 16 points and July W points from last night's close. New « rop positions were under pressure, but only lost 4 to 6 points. The decline was due to private cables reporting a lockout in the mills of northern Lan cashire, coupled with a bearish crop condition and acreage estimate by Miss Giles She gave, the condition of the crop to May 24 aa 86 4 and acreage an in crease of 3 7 per cent, indicating the acreage of 1913 would be 35,709,400 acres The weather map and sentiment were bearish, which encouraged the bears The ring and certain brokers who usu ally represent spot interests were the leading sellers. After the call the list increased its decline 1 to 3 points from the opening. Liverpool was a goes! seller of July. There w-ere about 5,000 May and June notices issued, which were immediately stopped by good sources. The bears were thunderstruck dur ing the forenoon when shorts grasped the opportunity to cover and sent May back to 11.44, within 2 points of the previous close. July jumped to 11 40, Within fifteen minutes the entire list steadied within 2 to 6 points from Wednesday's final, or unchanged to 16 points above the opening range. About the only condition Issued to day encouraging to the bulls was The Journal of Commerce, which was 80.5. However, there was a pressure to sell Hie market from all quarters, but the market took the selling remarkably well in the face of the bearish situation. May went out at 11.36, a net loss of 8 points from the early high point The strength of the market was due to covering over the holidays. In addi tion to this the trade expects fl bullish visible supply statement to-morrow. It is said'that clearances from the Pacific coast of 13,630 goes in to-day's receipts and to-morrow’s mill takings, which are expected to be bullish. During the afternoon session the mar ket was quiet. Price movement was practically unchanged from the opening level. It is believed that the market Is on an even keel to go over the holidays Should the government report Monday show the condition above 83 the market will be sold. At the close the market was steady with prices net unchanged to 14 points lower than the final quotations of Wed nesday. Following are It a. m. bids in New York: May. 11 37: July, 11.45; August, 11.28; October, 11.05; January, 11.01. Following are 10 a. m. bids in New Orleans: May. 12.10; July, 11.95; Au gust, 11.56; October, 11.16; January, 11.17. Estimated cotton receipts: Thursday 1912 New Orleans 1,000 to 1,500 1,463 Galveston 1,000 to 2,000 1,320 RANGE IN NEW YORK FUTURES. d 1 o 35 ■ : £0 My J’e Jly i 9 Upt CVt N \ D’c J n F b Mh >11.28 11.4111 11.35111.40 11 11.45 11.60 11 J11.30jll.34iH 11.12 11.12 11 11.06J11.08 11 .36; _ T il 07 n.OP li. 11.02 11.04(10. 27111 34 ll.40jll.37- 43 11 AQ '' 28111 12 11 02in 48 11.4 34111.33 12(11.11 05 11.06 .. I.... 111.04 04|11.07|11.06 99 Il.02j11.02 .... I.... I.... .... 11.02 ll.10jll.12 11.10|ll.12|ll.12 11.46-47 11.51-63 48|11.53-06 34 11.86-37 13 11.16-18 061 1.10-11 0011.00-11 07 11.06*07 03 11.06-07 03 I I 06 08 13111.16-18 Closed steady LIVERPOOL COTTON MARKET. LiVJSRPOOL, May 29. -Due 1 Vi to 2 points lower, this market opened easy, at a net decline of 3 to 4 points At 12:16 p. m. the market was barely steady, 6% to 7Vi points lower on near positions and 3 to 4 points decline on late positions. Later the market ad vanced Vi point from 12:15 p. in Spot cotton easier at 9 points decline; middling 6.61d‘ sales, 8.000 bales, in cluding 6,900 American bales; imports, 4,000 bales, including 1,000 American bales. At the close the market was steady with prices at a net decline of 4 to 6Vi points from the closing quotations of Wednesday. Futures opened easy Opening Range Close 6.41 06.39% 6 40 6.42 ra 6.38 6.38% ©6714 6 36 06 33% (5 6.23 V* 06.12% 06.06% 6.26 6.13 6.07 6 39 Vi 6 36i* 6.34 6.24 Vi 6.12 6 06 % 6.01V* 6 01 Vi 6.01 Vi 6.02 Vi 6.03 V* Prev. Close. 6.46 6.46 6 41 Vi 6.39 Vi 6.29Vi 6.17 6.10 6 07 6.06 6 05 U 6 06% 6.07 Vi May . . . Ma;. -June June-July July-Aug Aug.-Sept Bept.-Oet. Oct -Nov. Nov.-Dec. Dec.-Jan. . 6.02 <56.03 Jan -Feb. . 6.02 06.02% Feb-Mar. . 6.03%0 6 04 Mar-Apr Closed steady. HAYWOOD A CLARK’S DAILY COTTON LETTER. NEW ORLEANS, May 29 —With May drawig to a close near positions and spots are weakening, showing plainly that professional support and operations have alone held up prices. Liverpool this morning is 6©8 points down on old crops against one point lower due and 3 points downon new against 1 point t< 2 points lower due. Political news ii bad. It is feared that a general wai will break out in the Balkans. A Liv erpool cable ugain made strong refer ence to the probability of labor troubles in Lancashire. Weather conditions continue very good; fair and warmer over entire belt: no rains except in the Carolina coast districts and fair and continued warm weather is indicated for the entire belt Our market opened 30 points down o May, 7 points down on July and 5 poini on new crops. Support to new crops i.. New York checked selling pressure, but feeling is against the market. New York says that the strong support t» new crops yesterday came from a Cin clnnati operator. Between 6.000 and 8. “00 tenders on May were made here thi: morning The into-sight for the week look: around 60.000 bales against 65,064 last year. We compare with mill takings of 159,000 bales for this week lakt vear They were small then owing to holidays and. therefore, favorable comparisons are probable. After this week, however, to the end of the season consumption statistics have every prospect of com paring very unfavorably with those- o very quiet. New York steadiness. COTTON GOSSIP NEW YORK. May 29.-The principal trading at the outset to-day was in July which was very weak Mitchell and tJchlll were the leading sellers of July. After ^he call Riordan. IWUhsehlld. Schleyand Hartcorn were principal buy ers. The market was sold on bearish cables telling of a lockout In I^ancashlra and also on Miss Giles' report. • * • Weather news and sentiment were against the market, which helped the decline along • » • Schill. Mitchell and Hubbard sold July freelv. The ring sold new crop months. Wilson. Munds artd Rlordan were the principal buyers of. July. • * • The market sure hit the toboggan" at the outset, but quickly recovered its course and rode the airship." The cotton seed oil market will be closed Friday, but will be open Satur- Xew Orleans wires "About 7.000 no tices out Bullish visible expected to morrow." * • • Miss Giles’ condition figures were 2 per cent above the Government report last year, and If she had reported the same this year it would have been a bullish report * * * Of the particular features of the mar ket yesterday during the late trading was the weakness In the old crop posi tions. which was due partly to liquida tion by foreign straddlers arid partly against purchase of new crop and out side liquidation May option was weak. 112.10112.10I12.10 1 12.101 11.86-88 •11.98111.90 11.91 11.91-92 11 58 11.54 11.55 11.53-64 .... .... .... 111.29-31 11.1911.14)11.16 11.15-16 .... J.... .... 'll.14-16' rill. 13 11.14*11.14-15 HU.17 11.17 11.17-18 '.... .... 11.14-16 11.25 >11.27,11.35 11.27 >11.25-27 11.95 11.55 11.16 J 11.18 1 ILLER-CARTER COTTON LETTER. MEMPHIS, TENN . May 29.—Several ndition reports, all of bearish im- irt, were issued to-day and the market as plainly of bearish temper. But verpool bought new crops on this side, vi dng straddles and our markets have \*n appearance of steadiness, while iverpool was weak, which is just the ' ♦use of recent relations t ■ weather is very favorable now vi for the next few days. With the holidays beginning to-night isiness is restricted, but we anticipate ■ v after burcaut aiuc iiqumauuii. May option was weak, promoted by big tenders, which was said to be for foreign accounts. * • • The market was flooded with private condition and acreage reports to-day, and the particular thing about them was that they were all bearish to the core. The acreage was given about 1.000,000 acres increase over the previous year. • • * Browne Drakeford A Co., Liverpool, ble. "Decline caused by reason of re versal straddles; old crops easy." * • * Dallas. Tex., wires. "Texas: San An tonio threatening, balance State clear, pleasant. Oklahoma. Generally clear; •ool.” • - • * • It was learned yesterday ihat the heavy buying of new crop by Riordan on Tuesday was long buying for an op erator connected with a large Cincin nati soap manufacturing concern. * * * NEW ORLEANS. May fe9.—Hayward A Clark: The weather map shows fair in entire belt; fine, warm weather with night temperatures rather above normal. No rain except In Carolina coast dis tricts. Indications are for continued fair and warmer weather except little cloudy in Northwest Texas, very favorable. * * * Liverpool cables: "American middling fair, 7.15d; good middling, 6.Rid; mid dling, 6.61d; low middling, 6 47d; good ordinary. 6.13d, ordinary, 6.79d " • • • The New Orleans Times-Democrat says. "Excellent rains In the Atlantic States put an end to dry weather talk about that section. A promise now of rather heavy tenders in New Orleans to-day and a report to the effect that some of the cotton taken up on New York May contracts three weeks ago was retendered there yesterday helped foster bearish sentiment. "Favorable weather has convinced the talent that improving crop advices will be received during the next week or two. Under the circumstances sellers outnum ber buyers and the cotton market eased ft However, the talent is convinced that the market is a live corpse, with a kick, and nobody is now treating it as a lead one Meanwhile New Orleans May dosed at 12.35, a premium of 34 points over July, while New Yorlj May closed at 11.46. a discount of 9 points under luly. New Orleatis Mas stands at a premium of 89 points over New York May. If there be any scientific reason for such a remarkable difference between the two markets, the student of cotton has been unable to find it.” SPOT COTTON MARKET. Atlanta, quiet; middling 11%. Athens, steady; middling 11%. Macon, steady; middling HU « New Orleans, quiet; middling 12 5-16. New York, quiet; middling 11.80. Philadelphia, quiet; middling U.90. Boston, quiet; middling 11.80. Liverpool, easier; middling 6.61d. Savannah, firm; middling 12%. Augusta, steady; middling 12c. Norfolk, quiet; middling 12% Mobile, nominal; middling 11% Galveston, quiet; middling 12 3-16 Charleston, pteady; middling 11%. Wilmington, quiet; middling 11%. Little Rock, quiet; middling 11% Baltimore, nominal; middling 12%. Memphis, quiet; middling 12%. St. Louis, quiet; middling 12% Houston, steady; middling 12% Louisville, finm middling 12%. Charlotte, steady; middling 11%. * Greenville, quiet, middling 11%. COTTON SEED OIL. NEW YORK, May 29.—The cotton seed oil market was active and higher to-day on covering of shorts, new spec ulative buying, firmness in lard and buying of July, thought to be for re*- fillers. Bulls took advantage of the light offerings to help along the ad vance. Outside speculative longs were mod erate sellers on the advance. Cotton seed oil quotations: HARRIMAN ISSUES FEATURE STOCKS Dissolution Plan Submitted by Judge Lovett Not Approved, Causing Weakness. By CHARLES W. STORM. NEW YORK, .May 29 Moderate Im provement was shown at the opening of the stock market to-day, there being a noticeable absence of pressure Read ing and Union Pacific were strong fea ture*, the former gaining % on earn ings reports and trie latter advancing % after selling ex-dividend of 2% Amal gamated Copper opened at 73%, against <3 at the dose last night Among the other advances were American fan, %, American Smelting, %; Erie, % ; Northern Pacific, % Penn sylvania, %; Southern Pacific, %, and I nited States Steel common. %. Canadian Pacific was weak in conse quence of selling in London and was 2% lower. Western Union, Erie and Atchison shaded fractionally. There wan some covering by traders who feared to go short over the three- day holiday. The euro waa steady. Americans in Ijondon were irregular Southern Pacific sold to 95%, a de cline of 1% from the opening and 1 point from the noon level Union Pa cific dropped to 148%. for a loss of nearly a point from midday. Union Pacific seesawed throughout the last few minutes. Steel gained fractionally, *ut Amalgamated Copper, Pennsylvania, Frisco common and preferred and other ■took* practically stood still The market closed steady Govern ment bonds unchanged; other bonds firm. J- AMERICAN EXCHANGES TO CLOSE FRIDAY •• Tomorrow being Decoration Day • • all American exchanges will be • • closed to business, with the excep- tlon of the New Orleans Cotton Exchange. All exchanges will be 4* dosed Saturday, with the excep- • • tlon of the Chicago Board of • • V Trade All exchanges will reopen Mon- T- day for usual business. -S- The Liverpool Cotton Exchange •). !* will remain open throughout the L VinliHavM holidays. •H-H-M-H-r ATLANTA MARKETS T Opening. | Closing Spot 1 ... 7.1907.28 June . . 1 7.1607.25 ! 7.1507.18 July 7.1807.14 7.16(97.19 August 1 7.1»@7.2» 7.240 7.25 September .. 7.2107.24 7.250 7.27 October 6.89(h 6.91 6.9006.97 6.4 5 0' 6.50 November . . 6.48(ft'6.51 I December . . . . 6.4006.41 6 3906.41 January . . 6.3906.641 | 6.8906.41 Closed steady; sales. 15,600 barrets PORT RECEIPTS The following table shows receipts at the ports to-day ct^mpared r: with tbs same day last yea 1 1913. 1912. New Orleans . . . 4.939 2.546 Galveston . . . ! 1.358 102 Mobile 988 46 Savannah 2.348 1,295 Charleston 129 131 Wilmington. . . . 65 56 Norfolk 36 429 Pacific coast . . . 13.630 Philadelphia 60 Total 23,643 5,605 INTERIOR MOVEMENT. 1913. 1912 Houston 625 586 " Augusta 17 Memphis 575 849 St. Louis 739 683 Cincinnati. . . 353 Little Rock . . . 107 Total 2,491 1.625 THE WEATHER. Conditions. WASHINGTON. May 29 - There will be showers to-night ami Friday in the lake region, but in the remainder of the country ♦•ast <>f the Mississippi River the weather will be generally fair. Temperature changes will be slight. General Forecast. Following is the general forecast until 7 p. m., Friday: Georgia: Fair to-night and Friday. Virginia: Generally fair to-night and Friday. Nortli and South Carolina, Alabama ami Mississippi: P'air tonight and Fri day. Florida and Tennessee; Fair to-night ami Friday. Missouri. Minnesota, Iowa. the Dako tas and Kansas: Fair and cooler Nebraska; Mostly, cloudy with prob able showers; cooler. Illinois; Showers and cooler. Indiana, Michigan and Wisconsin. Show ers A wonderful magazine given FREE with every copy of the next Sunday American. EGGS—Fresh country, candled, 17© 18c. BUTTER—Jersey and creamery, in 1-lb blocks. 27%©30c; fresh country, fair demand. 17%©22%c. UNDRAWN POULTRY—Drawn, head and feet on, per pound: Hens. I6©17c; fries, 22% a25c. roosters. 8<01Oc; tur keys, owing to fatness, 17@19c. LIVE POULTRY Hens. 40©60c: roosters, 30©35c; broilers. 3Bc per pound; puddle ducks, 30©35c; Peking, 35<&>40c; geese, 600 60c each; turkeys, owing to fatness, 15© 17c. FRUITS AND PRODUCE. FRUITS AND VEGETABLES—Lem ons, fancy, $5.50©6.00; grapefruit, $2.65 ©4.00; cauliflower. 10©12%c lb.: ba nanas, 3c lb ; cabbage, $1.60(0)1.75 per crate; peanuts, per pound, fancy Vir ginia, 6%©7c, choice 6%©6c; lettuce, fancy, $2 0002.50: beets, $1.75©2.00 in half-barrel crate*; cucumbers. $2.25© 2.50. Eggplants (scarce). $2.00©2.50 per crate; peupers, $2.00©2.60 per crate; to matoes. fancy, six-basket crates, $3.00© 3.50; pineapples. $2.60©2.75 per crate; onions, $1.75 per bag (qpntaining three pecks), sweet potatoes pumpkin yams, 80@85c' strawberries, 8© 10c per quart; fancy Florida celery, $5 00 per crate; okra, fancy six-basket crates, $3.00© 3 50. FISH. FISH—Bream and perch, 7c pound; snapper, 10c pound; trout, 10c pound; bluensh, 7c pound; pompano, 20c pound; mackerel, 7c pound; mixed fish, 60>6c pound; black bass, 10c pound; mullet, ill.00 per barrel. FLOUR AND GRAIN. FLOUR -PosteU s Elegant. $7.75; Omega, $7.60; Carter’s Best, $7.75; Qual ity (finest patent). $6.60; Gloria (self rising), $6.25; Results (self-rising), $6; Swans Down (fancy patent), $6.00; Vic tory (the very best patent), $6.50; Mon ogram, $6.00; Queen of the South (finest patent), $6.60; Golden Grain, $5.60; Faultless (finest), $6.26; Home Queen (highest patent), $5.75; Paragon (highest patent), $5.76; Sunrise (half patent), $5 00, White Cloud (highest patent) ( 6.25, White Daisy (highest patent) 5.25; White Lily (high patent), $5.25; )iadem (fancy high patent), $5.75; Wa ter Lily (patent), $6.16; Sunbeam, $6; Southern Star (patent), $5; Ocean Sprav (patent), $5; Tulip (straight), $415; King Cotton (half patent), $4.86; low-grade 98-lb. sacks, $4.00. SI^GAR T’er pound: Standard gran ulated 5c. New York refined 4%c, plan tation 4.86c. COFFEE -Roasted (Arbuckle) $24.60, AAA A $14 50 tn bulk, in bags and bar rels $21, green 20c. RICE -Head 4%©6%c, fancy head 5% ©6%c, according to grade. LARD—Silver leaf 13c pound, Scoco 8%c pound, Flake White 8%c, Cotto- lene $7.20 per case, Snowdrift $5.85 per case. SALT One hundred pounds, 53c, salt brick (plain) per case $2.25, salt brick (medicated) per case $4.85, salt red rock per hundredweight $1. salt white per hundredweight 90c, Granocrystal, per case, 25-lb. sacks. 75c; salt ozone per case 30 packages, 90c; 60-lb. sacks, 30c; 25-lb sacks 12c. M ISC ELLA NKOUS—Georgia cane syr up 37c; axle grease $1.76. soda crackers 7%c pound, lemon crackers 8c. oyster 7c. tomatoes (two pounds) $1.65 case, (three pounds) $2 25, navy beans $3.26, Lima beans 7%c, shredded biscuit $3 60, rolled oats $3 90 per case, grits (bags) $2.40. pink salmon $7, cocoa 38c, roast beef $3.80, syrup 30o per gallon. Sterling ball potHsh $3.30 per case, soap $1.5004 per cast', Rumford baking powder $2.60 per case. CORN Choice red cob 88c, No. 2 white bone dr> 86c, mixed 85c, choice yellow 84c, cracked corn 86c. MEAL— Plain 144-pound sacks 79c, 96- pound sacks 80o, 48 pound sacks 82c, 24- pound sacks 84c, 12-pound sacks 80c OATS Fancy white clipped 55c. No. 2 clipped 54c, fancy white 53c. mixed 62c. COTTON SEED MEAL—Harper $30; Cremo feed $27 COTTON SEED HULLS—Square sacks $17. SEEDS—Amber cane seed 90c, cane seed, orange 95c. rye (Tennessee) $1.26. red top cane seed $1.36, rye (Georgia) 91.85, blue seed oats 50c, barley $1.25, Burt oats 70c. HAY Per hundredweight: Timothy choice, large bales, $1.25; No. 1 small bales $1 25. No. 2 »mall $116. Timothy No. 1 clover mixed, large bales $1.26, silver clover mixed $1.16, clover hay $1.10, al falfa hay, choice green $1.25, No. 1 $1.20, wheat straw 70c. Bermuda hay 90c CHICKEN FEED—Beef scrap. 100-lb. sacks. $3 25; 60-lb. sacks. $1.66; Purina pigeon feed. $2.20; Purina baby chick feed. $2 05; Purina scratch. 100-lb sacks. $1 90; 60 lb. sacks. $2.00. Purina scratch, bales. $2.10; Purina chowder, 100-lb. sacks. $2 06; Purina chowder, dozen pound packages. $2.26; Victory baby chick, $2 05. Victory scratch. 60-lb. sacks, $1 96. 100-Ib sacks, $1 90; wheat, two-bushel bags, per bushel, $1.40%; oyster shell, 80c; special scratch. 100-lb. sacks, $1.8C. Eggo. $1 85: ct\arcoal, 50-lb. sacks, per 100 pounds. $2 00. CHICAGO CASH QUOTATIONS. U HU'A GO. May 29 Wheat. No 2 red. 1.05© 1.07; No. 3 red. 95© 102. No. 2 hard winter. 93%©95%. No. 3 hard winter. 91 ©94. No 1 northern spring, *3© 95%: No. 2 northern spring, 92©94. No 3 spring. 90© 92. Corn No 2. 58© 58%; No 2 white. f>9 % (a 59% ; N - 2 vellow, 68©68% ; No 3. 57U©69%: No. 3 white. 69©59%: No. 3 yellow, 57% ©58: No. 4. 67%© 67%; No. 4 white, 68%©58%; No. 4 yellow. 57%4i Oats. No *2 white. 41. No. 3 white. 39V44M0; No. 4 white. 87(039; standard. 41© 41%. Today's New York Stock Market Following are the highest, low- e»t and last prices of stocks sold in New York to-day: Last Prev. STOCK— High. Low. Sale. Close. Amal. Cop. .. 73% 73>/, 73'/, 73 Am. Ice . . 23£i 23 7 , 23V, 23 Am, Sugar . 110% 110H 110H 110 •Am. Smelt. . 66 ! /4 64 V. 64'/, Am. Loco «... 48 Am. Car Pdy .... .... 48 Am. Cot. Oil .... .... .... 39 Am. Wool 17% Anaconda . . 37‘/a 377, 377, 37 Atchison . . . 99* b 99 f» 991/, A. C. L. . . . 121 121 121 121V. Am. Can .. 327* 32V/, 32*/, 3254 do. praf. 92 1 g 92'/. 92 1 , 92V, Am. B Sugar 27* # Am. T. and T 27V, 27'i 27 1«'/ 4 Am. Agrl 46 Beth Stael 32V, B. R T. . . 9V/ 4 90% 91 90% B. and O. . . 98 98 98 98 Can Pee. . . 228 225% 227'/. 230% Corn Prod. . 10 10 10 •74 C. and 0. .. 6414 64'/, 64'/, 64V. Consol. Gee . 132 Gen. Leathar. 21*/ a 21 21 20% Col. F. and 1. 31 31 31 30% CoL Sou. . 28 D. end H. t62y 4 192H 162% 151% D. end R. G. 17'/, 167, 16% 1634 DIs. Sacu, .. 1.11/ # 10V, 111/4 10V, Erie 27'/? 26% 27'/, 27% do. pref. 42 1 g 42 42 42V, •Gan. Elac. .136% 1367, 136% 138 Gol. Cona 1 7 /, Gt. West. ... 1314 13 13 13 G. N. prof, . 126'/, 126 126'/ 4 125% G. N. O. 32'/, 31'/, 32V, 32 Int. Har., old 103'/, III. Can 114 Interboro. . . 14% 14'4 14'/. 14V, do. pref. 49% 494, 4934 493/, Iowa Can 7 K. C. S. . 22i/, 22 22V, 22 M„ K. and T. 22', 21H 21% 229, do. pref 59'/, L. Valley. . . 155 156 155 154% L. and N. 133% Mo. Pacific. 34 32'/, 32% 3334 N. Y. Central 99% 99% 99% Northwest 129% **N. and W. . 104'/, KW/, 104' 2 105% No. Pacific. . 114'/, 1144 b 114'/, 114'/^ O. and W. 28 27>fe 27*4 28 Penna. . . . 109% 109 3 b 10934 109% Pacific Mall 21V, P. Gas Co. . 108'/, 108' 108'/, 10854 P. Steel Car. 23% 233 4 23V, Reading. . . 161'/, 160 160% 160% Rock Island . 17 1634 1674 16% do. pfd. 29% 29". 29V, 29H R. 1. and Steel 22*/ s 22 22 22*/, do. pfd 81'', S.-Sheffield 29 So. Pacific. . 97 98V, 95% 963 8 So. Railway . 24% 23'4 24 23% do. pfd. . 77'/, 77'/, 77'/4 76'/, St. Paul. . 107'% 107 107'/, 107'/, Tenn. Copper 33'/ a 33'/, 33'/, 33'/, Texas Pacific. 15 13 13 15 Third Avenue . 3234 •Union Pacific ^bOV 4 147% 148% 151% U. S. Rubber . 62% Utah Copper 50 49' , 49'/, 49% U. S. Steel . 60% 60 60% 60 do. pfd. . 106'/ s 106'/, 106'/, 106 V.-C. Chem. . Z7'/ 4 27 27 27V, W. Union . . 64% 643 4 64% 65 Wabash. 2V, do. pfd .... 7'/, W. Electric .... 61V* W. Central .... 47 W. Maryland ... 39'/, Total sales, 194.000 shares. *Ex -dlvl- dend, 2% per cent. **Ex-dlvidend, 2 per cent. ***Ex-dividend, 1% per cent. MONEY AND EXCHANGE. NEW YORK, May 29.—Money on call 1%©3 per cent. Time money un changed; 60 days. 4 per cent; 90 days. IL per cent; six months, 4%©5 pef cent. Posted Rates Sterling exchange. i.83%©4.87, with actual business in bankers' bills at 4 86% (S4 8680 for de mand and 4.8305 for 60-day bills. Prime mercantile paper unchanged MINING STOCKS. BOSTON. May 29. -Opening: Pond Creek. 18%; Calumet and Arizona, 64%; East Butte, 11%; Boston Corbin. 59; Nip. 8%. BAR SILVER. NEW YORK. May 29.—Commercial bar silver, 60; Mexican dollars, 48 IS IT WORTH 8'/3 CENTS A DAY TO YOU? To be within instant call of the stores and markets where you do your shop ping ; to be in constant touch when necessary with your physician, with the police, with the Are depart ment? Eight and one-third cents a day will put an Atlanta phone in your home, and give you all these safe guards and conveniences. ATLANTA TELEPHONE & TELEGRAPH CO. COURSE OF WHEAT RELYING ON CHARACTER OF WEATHER STEADIES WHEAT Covering of Shorts Over Holiday Causes Strength in Face of Easier Cables. ST. LOUIS CASH QUOTATIONS. Wheat—No 2 red 96 ©103 Corn—No. 2 59 © 59% Oats—No. 2 38 © 39 CHICAGO, May 29.—Contradictory re ports were received on the weather in Kansas to-day and on this the prices Minged late. Wichita reported 97 de grees and Hutchinson and Dodge City each 100 degrees. As a part+al offset to iis were reports of showers in one or two sections and denials of the addi tional moisture later on. The May fu- ure was down 1% from the best price reached at one time and July was off lc and September was %c lower, but there were some reactions and advances as the day wore away and final figures showed May %c better, July %c higher and September up %c. Corn closed unchanged to %c lower and oats were unchanged to %©%c higher Provisions closed fractionally better. Grain quotation* to p. m : 1:30 Prev. *High. Ix>w. P.M. Close WHEAT— CHICAGO, May 29.—The Inter^Ocean says: “It was the general belief of wheat traders last night that the market from now on will be governed largely by the character of the weather and crop re ports. The bull interests contend that sufficient damage has been done to win ter wheat to warrant higher prices. “There were many bears on corn last night who expect lower prices with an Increased movement, which is due from now on. Those who are buying on breaks advise the theory that the movement will not come up to expectations of the bears. Conservative people are advising cau tion in buying outs on bulges, although they believe that a continuation of the buying that has of late been seen will carry prices higher/* CHINCH BUGS DAMAGING GRAIN. CHICAGO, May 29.—Great Bend, Kansas, says. "Rain is badly needed and grasshoppers are a menace.’’ Otis, Barton County, Kansas, says: “Our wheat crop is a total loss.’’ Omaha says: "Clear and hot over the State; temperature 72.’’ McPherson, Kansas, special reports high south winds absorbed moisture and made decided change in wheat out look, besides millions of chinch bugs in wheat and corn. Lawton, OkJa., wireR: “My informa tion from unbiased sources indicates crop for State based as present condi tion about same as last year." May July Sept. Dec. CORN— May . .. July .... Sept. Dec. OAT8- Ma.v .... July .... Sept. ... Dec. ... PORK— July ....20 27% Sept ...19.90 LARD— May ...11.22% July . ..11.17% Sept ...11.20 RIBS— May ....12.75 July ...11.80 Sept. ...11.40 92% 92 91% 93% 58% 57% 58 % 56% 42% 38% 38% 38% Low. 91 91% 90% 92% 57% 67 57% 55% 42 38% 37% 38% 20.15 19.86 11.17% 11.07% 11.17% 12.50 11.65 11.35 91% 91% 90% 92% 58% 57% 57% 56 42 38% 38 38% 20.25 19.87% 11.20 11.17% 11.20 12.75 11.75% LI. 40 91% 91% 90% 92% 57% 57 Vi 57% 56 42% 38 % 37% 38% 20.12% 19.77% 11.12% 11.07% 11.17% • 12.50 11.65 11.35 LIVERPOOL GRAIN MARKET. LIVERPOOL. May 29.—Wheat opened % to %<* lower, /vt 1:30 p. m. the market was V* to %d lower; closed %d lower to %d higher. Corn opened unchanged. At 1:30 p m. the market was % to %d lower; closed unchanged to %d lower. OPINION ON GRAIN. CHICAGO. May 29.—Bartlett, Frazier & Co.: Wheat—The weather map shows mostly clear in the Northwest. We feel that purchases on breaks should be made. Corn—Weather very favorable. We do not care to press the short side. Oats On any fair decline prefer the long side. Provisions—The market seems to meet with good buying on all setbacks. CHICAGO CAR LOTS. Following are receipts for Thursday and estimated receipts for Friday: IThursday I Friday. Wheat 25 15 Corn 362 315 (>ats 388 240 He*! 21,000 17,000 NEW YORK COFFEE MARKET. | Opening. | Closing. January . . . . 10.92@98 10.92@94 February . , . 10.93(011 10.94096 March 11.00 11.(18 April 11.00 @05 10.96098 May 11.01 GILES MAKES CONDITION OF COTTON 84.6 PER CENT Miss Giles makes ths condition of the cotton crop as of May 24 at 84.6, as com pared with 80.8 on May 25 ia*t year. She gives the acreage an increase of 3.7 per cent and the amount of land still to oe planted 9 per cent, against 12 per cent last year, also approximate area planted and to be planted as 36,709,000 acres, compared with her estimate In 1912 of 34,424,000 acres picked. The condition to May 24, by Stato*. follows; Virginia, 80. against 79; North Caro lina, 82, against 83; South Carolina, 73, against 8i>; Georgia, 75, against 80; Florida, 89, against 80; Alabama. 79, against 79 Mississippi, 89. against 74; Louisiana, 86, against 72; Texas, 90, against 86; Arkansas, 88. against 68; Tf*nnessee. 87, against 76; • Oalahotna, 96. against 76. TotaJ, 84.6. against 80.8 LIVE STOCK MARKET. CHICAGO, May 29—Hogs: Receipts 21,000. Market strong. Mixed and butchers. $8.40©8.76; good heavy, $8.50 (ff8.66; rough- heavy, $8.20© 8.40; light, p.45@8.70; pigs, $6.40@8.30; bulk, $3.55© 8.60 Cattle: Receipts 3,000. Market weak. Beeves. $7.00©8.76; cows and heifers, $3.40©8.25: stockers and feeders, $6.00© 7.75: Texans, $6.50@7.50; calves, $8.50© 10.75. Sheep; Receipts 12,000 Market weak. Native and western, $4.25©6.10, lambs, $3.25©7.75. CHICAGO. May 29—Cattle: Receipts. 2,100. including 900 Southerns; market steady: native beef steers, 5.25@9.00; cows and heifers. 4.50(08.60; stockers and feeders. 5.25©7.50. Texas steers. 5.25©7.75; cows and heifers, 4 00(07.00: calves, 6.00©10.26. Hogs; Receipts, 12,000; market steady; mixed and butchers, 8.66(08.70; good to heavy. 8.60©8.70; rough, 8.00© 8.25; light. 8 60(08.70; bulk, 8.55©8 66; pigs, 7.00@8.60. PRIMARY MOVEMENT. WHEAT— | 1913. “T91T Receipts Shipments 409,000 552,000 566.000 CORN— Receipts 580.000 292,000 Shipments 296,000 230.000 COTTON OK INCREIS154.fi P.C. The Journal of Commerce Gives Number of Acres Planted in 1913 as 36,435,000. NEW YORK, May 29.—The cotton acreage for the season of 1918, as de termined by 1,907 special correspondent* of The Journal of Commerce, shows an Increase of 4.8 per cent over last year, based upon the revised estimate of the Government of 34,766,000 acres for 1912. The area planted for 1913 would be 36,435,000 acres Percentage condition of an average date of May 20 is 80.5, as compared with 76.9 a year ago and 79 for the ten-year acreage. In 1911 the per centage condition was 83.8. Figures for North and South Carolina are incom plete. owing to late planting and to the fact that a large proportion of the cotton is not yet up Acreage changes and the condition by' States are shown in the following ta ble: Acreage Condition Condition Estimate to May to Mayf States- 1913. 20,1913. 20,1913. N. Carolina . 102 78 84.1 S. Carolina .. 100 59.9 79 Georgia 100 76.3 74 Florida .... 99.2 79.9 72.4 Alabama . . . 100.7 79.6 71.8 Mississippi . . 108.2 80.6 70.6 Louisiana . . 122.8 81.6 71 Arkansas . • 107.6 86.3 72.3 Tennessee 104.6 88.8 73.6 i Missouri . ..» Ill 83 78.3 Oklahoma . . 113.9 89 6 78.7 Texas .... - 104.8 82.7 8L8 Total * * ^ 104.8 80.5 78.9 White City Park Now Open June. . . July . . . September August . . October . November . December 10.80 10.78 10.96 10.85 10.93(011 10.93 10.93 Closed steady; sales 56,250 bags. ! Save money NOW ! Furniture at High’s. on LOWRY NATIONAL BANK Capital $1*000,000 r Surplus $1,000,000 ; Savings Department Safe Depit Dons SUNDAY AMERICAN The American Monthly Magazine Facsimile Page Beginning the New Great Story. W “T lL^=s=s * I was Professor of Bngiish Literature Chapter I NHE way, led along upon what had once been the embankment of a railroad. But no train had run upon it for many years. The forest on either side swelled up the slopes of the embankment and crested across it in a green wave of trees and bushes. The trail was as narrow as a man’s body, and was no more than a wild-animal runway. Occa sionally; a piece of rusty iron, showing through the forest mould, advertised that the rail and the ties still remained. In one placet a ten-inch tre ing through at-a connection, pad lifted rail clearly into view. TheJ lowed the rail, held to it b> for its bed to be filled withj that now the crumj ur His beard, which should have been snow white, but which showed the same weather- ( wear and camp- stain ashishair,: fell nearly to: his waist in a great tangled mass. About his- chest and shoulders hung' a single, mangy garment 61 goat-skin. His arms and legs,' withered and skinny, betok-, ened extreme age, as well as did their sun burn and scars and scratches betoken long years of expos ure to the ele ments. _ The boy; who led the way, checking the eagerness of his muscles to the slow progress of the elder, likewise wore a single garment—a ragged-edged pie^ of bearskin, with a hole in the middle thio' he had thrust his head. He could, than twelve years old. Tuj one ear was the freshly one ha>d he carried aj On his Pack, was sheath hanging^ the battered handle oT brown as a berry, and^ catlike tread. In burned skin keen and i to bore J and the*wy*s ga*e was fix ed on the tops of the Agi tated bushes. Then a large bear, a grixaly, crash ed into view, and likewise stopped abruptly, at sight of the humans. He did not like them, and growled querulously. Slowly the boy fitted the arrow to the bow, and slowly he_^.__ , T - pT pulled the bowstring taut. I T W K A I 1-1% I But he never removed tas^RLfU-LO A eves ftom the bear. The old man peered from 1 , un der his green leaf at the danger,and stood afrquietfy as die bo^. For a few His UrEsr And, Short -y* ’ seconds this muturfl earn- Novel tinizing went on; then, the bear betraying a growing irritability,-the boyfYdt: a movement of his head, indicated that thedd. must step aside from the trail and go do' bankment. The boy followed, going ba< holding the "bow taut uid ready. Th a crashing among the Pushes from, of the embankment told The boy grinned as he_ '• A big un,Gi The old man, “They thii <§rd<sr y/oMir th<s mm