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SHORT CDVERIKG STEADIES COTTON Buying of Old Crops , by Spot Houses Principal Feature—Of ferings General. NEW YORK, July 12. — rr he cotton market was quiet at the opening of the cotton market to-day and first prices were 1 to 5 points higher than Friday's final. The demand from shorts who de sired to even up for the week-end. When this was supplied prices eased off a few points. T he Liverpool market was close<i and was responsible to some ex tent for the quiet market here. Spot houses again purchased summer positions k quite freely, tine large spot broker started the market on an up ward scale shortly after the call by bidding aggressively for large blocks of new crops, but bought little. The sell ing was mainly attributed to Wall Street and the uptown crowd. The weather map was favorable, showing rains over the greater part of the belt, with lower temperatures and sentiment against the market. Two of the largest local operators have covered since Tuesday about 50,- 000 bales of short cotton, and now the market has reached the point where it is practically in the hands of certain big interests, who are trading this and that way merely for small turns for alplng operations, pending further de velopments in connection with the ulti mate outcome of the bull deal in July- August. These two options for the past two weeks have governed new crop po sitions as well as operations. The out come of the Clarke amendment is also killing off business. At the close the market was steady with prices at a net gain of 1 to 5 points from the final quotations of Friday. Warehouse stocks in New’ York to day is 37,301 bales; certificated, 31.199 bales. Estimated cotton receipts: Monday 1912 New’ Orleans 250 to 500 676 RANGE IN NEW YORK FUTURES_ | §I J I • J? O I _icn | o lu Jul 1T2T071 12.10:ix67[12709 12?06-7)7 12 .02-03 Ag 12.06 12.10 12.05 12.06 12.06-07J2.V5-06 Sp ! 11.66-67 11.64-65 Oc 11.44 11.49 11.42 11.45,11.44-45111.42-43 No |111.34-36 11.32-34 De 11.36,11.40 11.34 11.36 11.35-36 11.34-35 Jan 11.32 11.35'11.29 11.3111.30-31 11.28-29 Feb 11.31-33 11.29-31 Mr 11.40 11.41 11.38 11.38 11.38-39 11.37-38 My 111.45 11.45J1.45,11.45'11.40-42 11.40-4 2 HAYWARD & CLARK’S DAILY COTTON LETTER NEW ORLEANS,* July 12.—Further good and rather general rains occurred during the past 48 hours in the eastern half of the belt. Precipitation was heaviest in Tennessee and North Ala bama. Temperatures were lower in North Texas. , European political news was a-little more cheerful, expressing the hope of early peace, but financial views con tinue pessimistic, owing to fear of heavy financial losses in connection with the Balkan war. Our market was inclined to rase at the start on the favorable weather pros pects, but open bidding for .*uly by the controlling interests checked selling on the belief that screws might be turned on July. The bidding by these inter ests reflects the view’ that it is getting too late tc bring cotton here to spoil the July squeeze by tenders. The Times-Democrat’s monthly report will appear Monday. It is expected to be favorable except for a tendency to give special prominence to the weevil danger. The market ruled steady during the ea iy session around 11.45* for December. RANCE IN’NEW ORLEANS FUTURES ; 1-• MSI 1 si o i j 'co j o q,o Jul' 12.42 12.44 12.42 12.42 12.43-45 12.41-42 Ag 11.99 111.99 11.99 11.99,11.98-12 11.98-99 Sp S 11.58-60 11.56-58 Oct 11.49:11.51 11.45T1.48 11.47-48 11.47-48 No 11.45-47 11.45-47, Dec 11.46 11.49 11.43 11.45 11.45-46 11.45-46’ Jan 11.48 11.49 11.45 11.47 11.47-48 11.47-48 Feb 11.44-46 11.44-46 Mr 11.56 11,56 11.54 11,54.11.56-57 11,56-57 Closed steady. SPOT COTTON MARKET. Atlanta, nominal; middling 12%. Athens, steady: middling 11%. Macon, steady; middling 12%. New York, quiet; middling 12.30. New Orleans, steady; middling 12 7-16. New York, steady; middling 12.30. Philadelphia, quiet; middling 12.55. Boston, quiet; middling 12.30. Liverpool, holiday. Savannah, steady; middling 12c. Augusta, steady; middling 12%. Norfolk, quiet; middling Galveston, steady; middling 12%. Charleston, nominal. Mobile, steady; middling 12c. Wilmington, nominal. Little Rock, steady: middling 12c. Baltimore, nominal: middl -.g 12%. Memphis, steady; middling 12%. St Louis, quiet; mid.Hing 12 5-16. Houston, quiet; middling 12 3-16. Louisville, firm: middling 12%. Charlotte, steady; middling 12c. Greenville, stealy; middling 12c. INTERIOR MOVEMENT. ; 1913. r 1912. Houston 497 1 52 Augusta 129 28 Memphis 186 ; 528 St. Louis 1 230 97 Cincinnati. . . .1 296 | 41 Total. . -; ~ p 1,338 | ~746~~ COTTON MARKET OPINIONS. Logan & Bryan: "In the event of adverse crop news sharp rallies are likely to ensue." Morris H. Rothschild & Co.: "We continue to recommend conservative purchases for investment." George F. Jones & Son; "Think the market a purchase on all declines for small profits." A. Norden & Co.: “We favor buying on any slight reaction." THE WEATHER. Conditions. WASHINGTON, July 12.—There will be thunderstorms to-night or Sunday in the South Atlantic and East Gulf States and to-night in the lower Lake region, followed b\ fair Sunday. In the upper Lake region, the Great <’en trai Valievs and the West the weather will be generally fair to-night and Sun da'.-. It w ill be somewhat cooler in the < hlo and upper Mississippi Valleys and in the l>ake region. Storm warnings are displayed on the Great Lakes. General Forecast. Ge<>rg : a Showers to-night or Sunday. Virginia—Thundershowers to-night or North Carolina and South Carolina- Showers to-night or Sunday. Florida- Local showers to-night or Sunday, except fair in northwest por- Alabama and Mississippi—Generally fair to-night and Sunday. Tennessee— Generally fair in the west, showers in east portion to-night or Sun day. Louisiana -Fair in north and west, showers in southeast portion to-night or Sunday. Texas—Fair to-night and Sunday. BAR SILVER. LONDON. July 12. Bar silver steady at 27 1-16 d. NEW YORK. July 12. —Commercial bar silver, 58%; Mexican dollars, 47c. COTTON GOSSIP The principal feature of the market to-day was the buying of old crop by spot interests. Wall Street and up town crowd are thought to have sold new crop. Market took the selling well and ruled rather steady all day* Rior dan was good seller of new crop around the close.—Anderson. • • • The several bearish reports issued yesterday has caused some change in sentiment and the feeling this morning was more bearish. * • • There are predictions for favorable weather over the belt for the next few days. ♦ * • Around the close yesterday Geer, Shearson. McEnany. Hubbard. Flinn, Hartcorn and Seidenberg were among the leading buyers. Riordan. Parrott, Hicks, Cone and Montgomery were the principal sellers. • • • Senator Smith, of South Carolina, has introduced a bill providing for Govern mental standard for grades of cotton and requiring futures contracts to be filled by grade specified in contract. The bill was ordered favorably reported by the Senate’s sub-committee. The bill aims to overcome objections of Cot ton Exchange to the proposed tax on future transactions and does not fix a penalty for failure to deliver actual cotton. • ♦ • Dallas wires: "Texas—Clear Okla- homa—Partly cloudy; rain at Cushing" ♦ ♦ • Rainfall: Memphis, raining 7a. m., 1.34; New Orleans, Knoxville. .98; Mo bile, .02; Meridian. .60; Montgomery, .01; Nashville, 1.48; Chattanooga. .96; A tian ta, .04; Savannah, .34; Wilmington, .16; Raleigh, .36; Jackson. Miss., .48; Bir mingham, Ala., 70; Anniston. .22; Gal veston, .24 Following is the statistical position of cotton on Friday. July 12. as made up by the New Yf• rk_Financial Chronicle: This | Last "Last ,| Week | Week. ' Year. Visible Supply . j 3.082.555 3.322.101 2,980,170 American., j 1,747,555 1.968.101 2.028,170 in Sight I Week I 69.5521 57.5301 63,100 Since ■ , Sept. 1... 13.281,073113.204.125115,783.263 fort Stocks 207.713 276,860 292.260 Port Re pts I 21.448 19.555’ 13,080 Exports.. 1 32.041 43.884 33,587 Int. Re pts 12.288 12.877 11 393 Int. Ship’ts 29,179 28.296 18,968 Int Sto'ks ’ 192,537 212.269 136.640 NEW ORLEANS. July 13 —Hayward & Clark: The weather map was very favorable, cloudy over entire belt, with general rains in eastern half, heaviest in Tennessee and North Alabama, where most needed. Cooler in west. Indica tions are for partly cloudy to fair in the Atlantlcs; possible some scattered showers. Cloudy in central and west ern States, with cooler weather and showers coming on Texas over Sunday Clearing and cooler in Oklahoma and Arkansas. • • • J H Turner, of Memphis, has the following on the condition of the cot ton crop for the week ending July 11: “The week was a normal and hence a favorable one for the season. Tempera lures were quite high wer a great part of the belt, but toward the end were materially moderated. Generally speak ing, "there was an abundance of moisture in the soil, and hence the cultivation was near perfect The plant stood the excess of temperatures quite well and continued its growth and fruiting in a satisfactory manner. There is no strik ing change from the conditions of one week ago and this of itself is a favora ble item. “Little or no rain fell in Texas and Oklahoma, where already the supply of moisture was abundant, while down the Mississippi Valley there were many showers and locally heavy rains, which relieved an Incipient drouth and set the cotton to growing rapidly. Showers fell also in the eastern States and were of benefit. As a whole, more rain in Ala bama and States eastward would be de sirable, though not necessary at this time. “In Eastern Texas, Louisiana and Mississippi, weevils are more numerous than in several years, and their ap peanfhee has aroused the planters’ alarm. As yet their depredations have been quite limited." ♦ ♦ ♦ The Timps-Democrat monthly crop re port is expected Monday. We think it will be favorable except for giving the boll weevil danger the usual prominence. ♦ ♦ « Official Texas records show an aver age for the State of 98 degrees; three stations show 100; nine stations 102; one station 104; and one station 106. The maximum average for Oklahoma is 102. • ♦ ♦ Galveston will get a new bale to-day from Patricio, Texas, the same date as last year. New bale here from San Benito, consigned to John M. Parker & Co., will be sold at auction to-day. * ♦ * The Government advises Corpus Christi, Texas: “Small craft warning Disturbance over Southern New Mexico moving eastward; will cause brisk to high northerly w’inds to-day and prob ably Sunday." ♦ ♦ * The first new bale was sold here at auction for 16 cents; it was bought by E. Christ. Grain Notes The Chicago Inter Ocean says: "The wheat bears have the best of it. Hedg ing business is coming into the market, making it safer for the short seller than at any time within a year. Sentiment has become excessively bearish, and it would not be surprising to a majority to see lower prices, although the best traders are looking for irregular de c ines. “Cprn specialists attributed the break of 1% on September yesterday, making a drop of almost 4 cents from the re cent high point to unloading by longs. It is noticeable that sharp traders, who were long, have unloaded their pur ■ hases on bids. Traders said they would not-be surprised to see a rally some day, but believe corn should be sold on all bulges. "September oats dropped below 40 cents yesterday with stop orders selling sufficient to carry prices to 39%. Those who have watched the market closely for two weeks say there has been a steady unloading by longs and a de crease In the outside buying. The liq uidation, however, is not regarded as over.” ♦ ♦ • Bartlett. Frazier & Co. says: "Wheat —Offerings from the country are somewhat lighter, but local sentiment is bearish and new speculative buying from the outside does not come in. "Corn—The rains this morning are likely to cause further selling, although liquidation was on a liberal scale yes terday. Cash prices do not show as much weakness as the future, owing to moderate receipts and scarcity of offer ings from first hands "Oats —There is nothing new in the situation, except that receipts are some what smaller and cash inquiry a shade better. Sentiment is very bearish, and, as in the other grains, outside buying is extremely limited. "Provisions—Hogs under estimates with hog prices at yards steady to 5c higher." Rainfall and Temperatures in Grain Region. Canadian Northwest cloudy, ■2 to .58; Femonton. Swift Current, Winnipeg. 06: Calgary. .94; Rattleford, .42: Regina, raining. 1.10: Northwest, part cloudy. .48 to .64; Williston, Huron, .08; Devils Lake, Bismark, .01; Moose head. .20; Duluth. 1.20: West generally loudy. .54 to .70; Omaha. Davenport, .02: Sioux City. .04: Des Moines, .86; Charles City. .96; Dubuque. 1.08; Spring field. .14; Southwest part cloudy, .62 to 76; Dodge City, .10; Wichita. .01; Kan sas City. .58; Springfield. .84; St. Louis, .50: Ohio Valley cloudy, .70 to .76; Cairo. .07: Evansville. .34; Cincinnati, .42: Indianapolis. .16; Columbus rain ing; Louisville raining. .36. • • • Think wheat, corn and oats all have had break enough. Would ‘-over shorts and wait for a rally before selling again.—KoycrufL IRREGULARITY IN PRICE OF STOCKS Good Crop Advices and Easier Feeling Abroad Encourage Better Active Bidding. By CHARLES W. STORM. NEW YORK, July 12 —A higher range of prices was established at the open ing of the stock market, although busi ness was very quiet. Canadian Pacific began 2% higher at 213%, but afterward shaded. There was no change in speculative conditions and the gains which were recorded were chiefly due to a change in position on the part of the specu lative element. Finding bear operations fruitless, the professionals turned bull ish. Union Pacific advanced % and some of the other gains were: Amalgamated Copper. %; United States Steeh %; Reading, %; Lehigh Valley, %; Erie, %; American Can %, and Chesapeake and Ohio. %. The curb was quiet. Americans in London were dull, but ruled above New York parity. The market dosed strong. Govern ments unchanged; other bonds steady. To-day*s New York Stock Market Clos. Prev. STOCK— High. Low. Bid. Close. Amal. Copper. 64'4 64% 64' a 63' 2 Am. Agrlcul 44' 2 44' 2 Am. Beet Sug 21'/i 21% American Can. 27'/> 27% 27% 27% do, pref 86 86% Am. Car Fdy 41% Am. Cot. OH 35% 35% American Ice 19' 2 19% Am. Locomo 28 28 Am. Smelting. 61% 61 61 60% Am. Sug. Ref 107 107 Am. T.-T............. 126% 126% Anaconda .... 32% 32% 32% 32 Atchison .... 95% 95% 95% 95% A. C. L 115 115 114% 114% B. and 0 93 92% 92 1 2 92% Beth. Steel . 29 29 28' 4 26 B. R. T 86'/ 2 86% 86% 86% Can. Pacific.. 214% 213% 213% 211% Cen. Leather 20% 20% C. and 0 52 . 51% 52 51% Colo. F. and I .27% .... Colo. Southern 31 30% Consol. Gas.. 129% 129 129% 129 Corn Products. 9% 9% 9% D. and H 152 152 Den. and R. G 15% 15% Distil. Secur 12% 12% Erie 25' 8 24' 2 do, pref. .*. 38' 4 38% Gen. Electric 138 138 G. North, pfd 122 121% G. North. Ore. 31% 31% 31% 30% G. Western 12' 2 12% 111. Central 111’6 111 Interboro 14% 14% do, pref. .. 55 55 54% 54% Int. Harv. (old) 102% 102% lowa Central 77 K. C. S.. . . 25% 26% 25% 25% M. K. and T 20' 8 20% do. pfd 54 55 L. Valley . . 145% 145% 145' 2 145 L. and N 131 130% Mo. Pacific 30% 30% 29' 2 29% N. Y. Central 95% 95% Northwest 127 127 Nat. Lead 45 45 N. and W. . 103 103 103 102% No. Pacific . 106 105% 105% 105% O. and W 28' 4 28% Penna. . . . 111% 111% 110% 111 Pacific Mall 18 18 P. Gas Co 109 109 P. Steel Car 22% 22% Reading . . . 157% 156% 157% 156% R. I. and Steel 18% 18% 19 18% do. pfd 76 76 Rock Island 15' 2 15 do. pfd.. . 25% 25% 25% 25 S. -Sheffield 22 22 So. Pacific . 91% 91% 91% 90% So. Railway.. 20% 20% 20% 20% do. pfd 74 73% St. Paul . . 102% 1023 4 10 p 2 102 Tenn. Copper 28 ! 8 28% 28% 273* Texas Pacific 3' 4 13% Third Avenue 30 30% Union Pacific. 145 3 * 145% 145% 144% U. S. Rubber 60% 59 U. S. Steel . 52% 52% 52% 52% do. pfd.. . 104% 104 3 4 1 04' a 104% Utah Copper. 42% 42% 42% 41% V. Chem 23% 23' , Wabash . . . 2% 2% 2% 2% do. pfd.. . 6% 6% 6% 6'2 W. Maryland 36 36 W. Electric 56 57 W. Central 41 42% Total sales, 44,100 shares. NEW YORK BANK STATEMENT. NEW YORK. July 12.—The weekly statement of the New York Associated Banks shows the following changes: Average Statement. Excess cash reserve, $19,409,650; de crease, $7,064,000. Loans, increase, $1,223,000. Specie, decrease, 410,564,000. Legal tenders, increase, $2,753,000. Net deposits, decrease. $2,026,000. Circulation, increase, $283,000. Actual Statement. Ix>ans, increase, $10,313,000 Specie, decrease. $4,382,000. tenders, increase, $7,262,000. Net deposits, increase, $17,882,000 Reserve, decrease, $541,400. MONEY AND EXCHANGE. NEW YORK, July 12.—Nothing said in money to-day. Posted rates: Ster ling exchange. business in bankers' bills at 486% for demand and 483 for 60-day bills. STOCK GOSSIP The New York Financial Bureau says: "We would buy the standard is sues on recessions with the intention to take trading profits. Information chan nels are friendly to the stock list. Ir regular and narrow fluctuations may be seen to-day.” * • • The trainmen and conductors' com mit tee of 1,000 will meet to-day to ratify the Eastern railway vote. Trade reports show that conserva tism in business circles is still mani fest, owing chiefly to the tariff legisla tion. • « • Twelve industrials declined .11; 20 active rails declined .15. • • • i Although the market continues dull, with few changes in prices, there are many bullish factors in the situation that are being ignored, which later in the season will have a beneficial effect on values. We believe stocks conserva tively accumulated around this level will in a, reasonable time show satisfactory profits.—Potter. THE ATLANTA GEORGIAN AND NEWS. Hester’s Weekly Cotton Statistics Secretary Hester’s weekly New Or leans cotton exchange statement, of the movement of cotton, issued before the close of business Friday, shows an in crease in the movement into sight com pared with the seven days ending this date last year in round numbers 4,000, an Increase over the same period year before last of 1.400 and an increase over the same time in 1910 of 6,000. For the eleven days of July the totals show an increase over last year of 1,000. an increase over the same period year before last of 23.000, and an increase over the same time in 1910 of 20.000 For the 314 days of the season the aggregate is behind the 314 days of last year 2.185.000, ahead of the same days year before last 1,763.000, and ahead of 1910, 3,265,000. The amount brought into sight dur ing the past week has been 29.122 bales against 25.293 for the seven days end ing this date last year. 15,178 \ ear be fore last and 23,015 same time’in 1910; and for the eleven days of July it has been 46.847, against 45.869 last year, 23,956 year before last and 26,840 same time in 1910. The movement since September 1 shows receipts at all United States ports 9,737,660, against 11,898.521 last year. 8.535,853 year before last and 7,208,528 same time in 1910. Overland across the Mississippi, Ohio and Potomac Rivers to Northern mills and Canada 968,371, against 1.247,924 lasi year, 926,714 year before last an t 805,739 same time in 1910: interior stock in excess of those held at the close of the. commercial year 91,159, against 49,406 last year, 40.644 year before last and 28,102 same time in 1910; South ern mill takings 2.637,999. against 2,423,148 last year. 2,168,016 year before last and 2,123,515 same time in 1910. These make the total movement for the 314 days of the season from Sep tember 1 to date 13,434.190, against 15.618,994 last year. 11.G74.227 year be fore last and 10.168,884 same time in 1910. Foreign exports for the week have Veen 32,179, against 30,110 last year, making the total thus far for the‘sea son 8,374.190, against 10,292.912 last year, a decrease of 1,918.722 Northern mill takings and Canada during the past seven days show a de crease of 5,645. as compared with the corresponding fleriod last year, and their total takings since September 1 have decreased 384 154 The total tak ings of American mills, North, South and Canada, thus far for the season have been 5,042,297. against* 5.179.674 last year. These include 2,326,111 by Northern spinners, against 2,710,565. Stocks at the seaboard and the 29 leading Southern interior centers have decreased during the week 38,309 bales, against an increase during the cor responding period last season of 35,529 and are now 45,134 smaller than at this date in 1912. Including stocks left over at ports and interior towns from the last and the number of bales brought into sight thus far from the new crop, the supply to dale is 13,798,903, against 15,905,968 for the name per|o<l last year. World’s Visible Supply. The world’s visible supply of cotton shows a decrease for the week just closed of 134.500, against a decrease of 210,760 last year and a decrease of 145,- 005 year before last. The total visible is 3.094.926, against 3.229,426 last week. 2.976,569 last year and 2.087,214 year before last. Os this the total <»f American cotton Is 1.741.926, against 1,865.426 last week, 2,014.569 last year and 1.113.294 year before last, and of all other kinds, including Egypt. Bra zil. India, etc.. 1.353.000, against 1,364,- 090 last week. 962.000 last year and 974 000 year before last. The total world's visible supply of ' cotton as above shows a decrease com pared with last week of 134,500 an in crease compared wit A last year of 118,- 357 and an increase compared with vear before last of 1.007,632. Os the world’s visible supply of cot ton as above there is now afloat and held in Great Britain and continental Europe 1,752.000. against 1.894.000 last year an-' 1 208.000 year before last: In Egypt 101.000. against 75 000 last vear and 83.000 year before last; in India 860.000. against 588,J00 last year, and 529,000 year before lasi, and in the United States 382 000, against 420.000 last year and 267.000 year before last. World’s Spinners’ Takings. The taking of American cotton by spinners throughout the world as fol lows, in round numbers: This week 152 090 this year, against 195,000 last year. 105.000 year before las*. Total since September 1. this vear. 13.041.000. aealnst 14.388.000 last year, and 1’ 326.000 the year before. Os this Northern spinners and Canada took 2.326,000 bales this year, against 2,711,000 last year, and 2,056,000 the vear before; Southern spinners 2,716.000. against 2.469.000 last year, and 2.212.000 the year before: and foreign spinners 8.002,000 against 9.208.000 last year, and 7,058,000 the year before. LIVE STOCK MARKET. CHICAGO, July 12. Hogs Receipts. 6.500. Market 5c higher, mixed and butchers, 8.504)9.25; good heavy. B.Bo<a '• 15; rough heavj fl 50 bfl 75; light, 8.85 <a9.25; pigs, 7.654D'05; bulk. 8.854 i 3.15. Cattle—Receipts. 200. Market steady; beeves, 7.404/9.15; cows and heifers. 3.25 8.25: stockers and feeders, 6.254/7.90. Texans. 6.7547 8.10; calves 8.504/10 50. Sheep—Receipts. 2.000. Market strong; native and Western, 3254/5.00; lambs, 5.254/8.25. ST. LOUIS, July 12.- Rattle—Receipts 400. including 200 SoutheUhs Wi»-ket steady. Native beef steers. $5.50-/8.75; cows and heifers, $1,754/8.00; stockers and feeders, $6,254/8.10; cows and heif ers . $4.25<5 6.50; calves. $54/ 650 Ilogs Receipts 1.700 Market 5c to 10c higher. Mixed. $9 104/9.25; good, $9,104/9.20: rough. $8.601/8.75: lights $9,104/9.25; pigs. $7.25-/8.75; bulk. $9,104; 9.20. Sheep Receipts 500. Muttons, $3.75 4/4.27: yearlings, $5,004/6.25; lambs, $6,504/8.15. NEW YORK COFFEE MARKET. NEW YORK, July 13. The coffee mar ket opened steady to-day at an advance of 3 to 10 points <»n European buying and scattered covering, the rally at tracting consideiable realizing by local buyers oft! e earlier part of tb* week, and some positions reacted /luring the morning MINING STOCKS. BOSTON, JIIIS 12.*—Opening: Tuo- lumne. 1%; Grene-Cananea. 5%; Bos ton and Maine, 58' ; Kerr Lake. 3 3 16; Boston Elevated, 88% LOWRY NATIONAL BANK Capital $1,000,000 Surplus $1,000,000 Savings Deprtimenl Safe Deposit Boxes CHICAGO < CHOICE OF ROUTES XbsjS AND GOOD SERVICE nnLffliii CEMIL DECLINE General Rains and Absence of Speculative Buying Cause of Heavy Liquidation. CHICAGO, July 12.—Wheat was %c lower at the opening this morning on further fine rains which covered the entire spring wheat country in the Northwest. There were some rains in the winter wheat belt, which possibly may delay the movement for a day or two. The official report on wheat crop of France shows the condition to be 3 points higher for winter and 2 higher for spring than July 1 a year ago. Northwestern receipts were moderate Corn waa %c to %c lower on rhina where needed throughout the belt. <>ats were off %c to %c in sympathy with the other grains Provisions were firmer and higher. Grain quotations; Previous High. Low Close. Close. WHEAT- July 86% 85 85 87 Sept. . 87% 86% 86 As 88 Dec 91% 90 90% 91% CORN— July 59% 58% 59% 59% Sept 60% 59% 59% 60% Dec 56% 55 56% 56% OATS— July 37% 37% 37% 58 Sept 39 38% 38% 39% Dec 40% 39% 40 40% PORK— July.... 23.00 21.77% 21.85 21 75 Sept.... 21.17% 21 00 21 02% 20.95 LARD— July.... 11.65 11.60 11.65 11.65 Sept. ... 11.77% 1167% 11.72% 1172% Oct 11.82% 11.75 11.77% 11.80 RIBS— July.... 11.75 11 60 11.65 11.75 Sept..'.. 11.87% 11.75 11.77% 1180 Oct 11.67% 11.52% 1152%- 1160 CHICAGO CASH QUOTATIONS. CHICAGO. July 12.—Wheat, No. 2 red. new. 86%; No. 3. red, new, 85(ci 85% • No. 2 hard winter, 87</88; No. 3 hard winter, 88%4/Bk%; No. 1 northern 1 spring, 91*y 92%; No. 2 northern spring, 904/91%; No. 3 spring. 804/81. Corn, No. 2. 60%; No. 2 white. 61%; . No. 2 yellow. 60%; No. 3. 59%<&60%; No. 3 white, 60' 2 61; No 3 yellow, 60%; ' No. 4, 584/ 59; No. 4 white, 59%(ft60; No. I yellow, 584/59. < »ats. No. 3 white, 38%; No. 4 white. 37% (a 38; standard, 37% 4/38. CHICAGO CARLOTS. Following ar© receipts for Saturday an<i estimated teccipts for Monday I Saturday.! Monday Wheat 122 I 123 Corn 141 I 85 1 < »ats ... 14R 95 i LIVERPOOL GRAIN MARKET. LIVERPOOL, July 12. —Wheat closed : 2 to %d lower. Corn closed \ to %d lower, compared with Thursday’s close. ST. LOUIS CASH QUOTATIONS. ST. LOUIS, July 12 Cash—No. 2 red wheat, 844/85%; No. 3 8”; No. 2 hard, 874/ 92%; No. 3 hard, Bt>. Corn No. 2, 62; No. 3, 61; No.' 4, 58® 59; no grade, 57; No. 2 yellow, 62® 62%; No. 3 yellow, 61%; No. 2 white. 64%1i65%; No. 3 white, 63. No 2 oats, 394/39%, No. 3. 37%; No. 4, 36%; No. 2 white. 40%; No. 3 white, ’:;S%4/40; No. 4, 38®39; standard, 39% i 4/ 40. I No. 2 rye, 63%. EAST WANTS LIGHT HOGS. ! CHICAGO, July 12.—Eastern orders j for light hogs were in excess of week- I end supply and a 10 to 12c higher rnar ! ket for everything fit for that outlet I resulted. Shipping hogs sold largely at I ■.'.10'41/9.25. Packing grades were little ; if any higher, as that branch was wlth ; -»ut competition. There were 35.000 at eleven markets, against 45,009 a year 1 ago. and not to exceed 40.000 are ex pected here Monday. Shipping demand is coming back in emphatic manner, that outlet having absorbed 20,000 this week. Both in cattle and sheep the finish was nominally strong at the best prices of the week. Monday’s expect ancy is for about 20,000 cattle and 35, - u hogs. NEW YORK COFFEE MARKET. Coffee quotations; I Opening. ; Closing. January 9.044/9.06 Februaryl 9.114/9.13 March9.ls ’ 9.194/9.20 April'9.224/ 9.23 May 9 25 I 9.25©9.26 June9.28®9.30 9.25 © 9.26 Julyl 8.544/ 8.55 August 8.604/R so 8.65© 8.67 September . . . ~ 8.75 8.774/8.78 October• 8.834/8.85 8.44© 8.45 November 8 90© x 92 December. . . , 9.00 8.924/ 8 '-X Closed steady. Sales, 69,250 bags COTTON SEED OIL. Cotton seed oil quotations: L_9 pe D Closing - Spot|. .! 8.854/9.50 July 8.854/9.00 8.86© 8.90 - August 8.77®8.78» 8.814/8 X 2 1 September .. .. 8.79© 8.80 8.824/ 8.83 October 7.80© 7.81 7.804/ 7.81 November 6 824/6 83 6.804/6.81 December .... 6.53© 6.58 6.49© 6.51 January 6.52© 5.54 6.50© 6.53 February 6.53© 6.60 6.53© 6.58 Closed steady; sales, 13,800 barrels. Doctor To Be Tried As Cocaine Peddler Dr. W. W. McAfee, 62 Hill street, probably will be tried In police court Saturday afternoon, charged with sell ing cocaine. He was arrested on De catur street Friday night by Offi cers Allen and Gresham, who say they interrupted a sale of the drug to a young white man. The young man is being held as a witness in the case. JUDGES DECIDE WHO IS BUTTON PRIZE WINNER ll [ NE E D \ 1 ATLANTA needs / jfl Submitted by W. Mae Jones, 1428 Candler Building. Hearst’s Sunday American Will Announce Best Slogan—Many Submitted Saturday. Judges Saturday took charge of all the "500.000 club” slogans submitted in the $25 prize contest. They are John W. Grant, Wilmer L. Moore and Walter C. Taylor. At The Geor gian office they began a careful study of the hundreds of suggestions sub mitted. Hearst’s Sunday American will an nounce the winner. The last day of the contest brought in the largest number of submissions of any other day. Many are beauti ful designs by well-known artists. Others are striking for their literary merit. All bespeak the wonderful At lanta spirit—save one. That came in anonymously from a cynical humorist. He went to the trouble of drawing a large picture burlesquing Atlanta from the Uiiy Hall to the last garbage dump beyond "Pittsburg.” The Cynic’s Slogan. In one corner was a large building marked "Hot Air Factory.” Next to it was the City Hall, called "The House of Mystery,” and on top of the building sat a doubtful bird mark ed “Graft." The bottom of the pic ture showed three stragglers passing out of a gate with the remark: "Griffin ain’t so bad after all.” It’s a cinch this design won't get the prize. One of the best of the last sug gestions was a map of Georgia with a star iparking Atlanta. Its capital. The slogan, offered by George l Taj lor. No. 152 Court land street, is: "Hitch your wagon to the star. Half million by 1920.” Here are many scintillating with enthusiasm: "Boost Atlanta. Everybody’s do ing it; 500,000 by 1920. Welcome. The Gate City.”—W. L. Maddox, No. 395 Whitehall street. "For Atlanta 500,01)0 by 1920. Come on.”—Wilbur G. Kurtz, No. 90 Sin clair avenue. "Atlanta, the livest and niftiest town always."—G. o Shepard, No. 36 North I‘ryor street. W. T. Wilson. No. 38R North Jack son street, offers the Phoenix arising from the ashes with the slogan, "Al ways ahead.” “Atlanta, the bright star of the Southland. Pleasure, health, wealth, prosperity; 500,000 by 1920.”—E. B. Gibson. No. 72 Cherokee avenue. "Atlanta always ahead; 500,000 1920; 1847-1865: Phoenix/’—U. F. Harbour, No. 41 North Pryor street. Poet Offers One. "Half a million. That’s our bet. Watch Atlanta. She’ll get it yet." —Alex Maddox, No. 212 Euclid ave nue. "Place, Atlanta. Ga.; time. 1920; population, 500,000: our motto, ‘Co operation.’" V. L. Nicholson, No. <8 Ormond street. "Here's to Atlanta, greatest inland city; boost for half a million in 1920. ’ —Margaret Maddox, No. 212 Euclid avenue. "Get the spirit and join Atlanta Half-Million Club, 1920; to prosperity and happiness.”—F. E. Taylor, Em pire building. $1864. 2.000 people; 1865, less than 3.000 people; 1910. 155,000 people; 1920. let's make It 500,000." Joseph Uleiner, No. 224 Capitol avenue. "Success Is sure. Omnia vinclt tides. Atlanta, 500,000 by 1920/’—W. G. Hynds, No. 202 McLendon street. "Atlanta Half-Million Club. Faith, ambition, labor. In hoc signo vinces.” J. Howard Hynds, No. 202 McLen don street. "Atlanta. half-million, 1920.” Charles H. Terry, No. 4 3 Zachary street. Alabama Man Suggests. 500,000 people in 1920. Atlanta al ways g-ts what she goes after.”— Frederick C. Pfeffer, Clanton, Ala. “Progressive, prosperous, advan tageous, healthful. Atlanta, 500,000 jy 1920, city of homes. Watch her grow.’ —P. J. Burton, Hillman, Ga. "Atlanta, hub of South; half-mil lion 1920.” —R. F. Thompson, East Point “Atlanta, Georgia’s magnet, draws 500,000 in 1920."-Mrs. Charles C. Wil lis, Columbus. “We get what we want when we want it; 500,000 by 1920."—0. T. Dick erson, No. 53 Gartrell street. “Watch me get 500.000 by 1920. I’m after you. Atlanta." Mrs. W. C. Lav son, No. 378 Central avenue. "Pluck, push and persistency pro duce prosperity and provide people. Let us all boost, 500.000, 1920. Then boost some more.”—John S. Cook, N ). 33 Luckie street. “We’ll get ’em yet. Nineteen-twen tv. hail the.half-million."- Mrs. E. E. Perkins. No. 189 Rawson street. "Suffrage, temperance, righteous ness.”—Mrs. Ellsworth Pierce. 139 1-2 Edge wood avenue "A half-million in 1920. Help us boost.” —Nelson T. Spratt. "Everybody’s doing it. doing it now. What? Coming to Atlanta to be of the 500,000 by 1920.”—M. G. Grif fith. 30 Whitehall street. "New York of the South.” "Boost Atlanta, the New York of the South."-—J. F. DeJounnette. "Half-million city of Atlanta sur rounded by rest of the world.”—Mrs. E. G. Logan, 147 Little street. “Five hundred thousand 1920. At lanta triumphant. In God we trust.” -Mrs. E. E. Perkins, 189 Rawson street. "Atlanta, location, trade, name. That’s why. Half-million 1920.” —O. A Nix. Empire/Building. "Atlanta vs. the world 1913. Play ball 1920. Score 500,000.” —Mrs. Park er Rand, 66 Forrest avenue. "Atlanta, Atlanta, 1920. "Pull for half-million good and / N 5 A hl 10l Submitted by W. T. Wilson. 388 North Jackson street. I plenty.”—Mrs. J. E. Howell. Ocilla, Ga. "Away above everything. 1920. The half-million city.”— A. L. Sulli van. 51 West Linden avenue. “Atlanta, ninth city, nineteen twen ty.”—Charles L. Green, Realty Trust Building. "Atlanta, Dixie’s half-million city, 1920.”—Miss Alice’C. Greene. "Get the Atlanta spirit. Boost for 500.000 in 1920.”—Mrs. Ora Bomar. 407 Washington street. "Atlanta wins.”—Alton L. Rogers, 35 West Third street. Some Atlanta Virtues. "Atlanta’s tenacity luminates Atlan tans. Nobility, thoroughness, ambi tion. 500,000.” —B. A. Ratterree, 147 North Jackson street. "What’s the dope? Half-million for Atlanta 1920.”—Parker Rand, Hodmont Hotel. E. M. Chapman, Atlanta National Rank Building, offers a design of a Georgia mule speaking; "I got to kick 500 000 Into the Gate City, Atlanta, 1920. Help!" "Atlanta, half-million. The city of upbuild* rs.”—F. L. Yarbrough, 368 South Pryor street. "Atlanta, Dixie’s pride One-half million t>opulation 1920." -H. C. Beck er. 120 South Main street. "Be one of our 500,000. "From York. Athens or Rome Come, pal, make Atlanta your home.” —O. I Gaines, 500 Hemphill avenue. "A half-million city by 1920. 500. 000 Greater Atlanta. She carries the banner.”—H. Stephens, 500 Hemphill avenue. "Health and Wealth.” "Atlanta to health and wealth.” — Mrs. Kate Dorsey, Cordele. "Half-million Club. 500,000 1920. Atlanta always ahead.” —D. Alex- ander, 38 Ashby .street. "Atlanta, the city that does things NufT. 500,000 by 1920.”—L. H Clarke, 20 Hayden street. “Atlanta—l92o—soo,ooo. Get busy, boosters.”—James H. Reynolds, Jr.. Candler Building. “Atlanta, Southern queen. 1920 500.000.”—J. L. Dunn, Marietta. “You need Atlanta; Atlanta need* you 500,000 in 1920.”—H. F. Smith 310 Juniper street. "We never sleep. Comp join us. A half-million city. Atlanta. 1920.” Mrs. F. A. Raleigh, 194 Lawton street. “We’ll win out. Just watch us A half-million city, Atlanta 1920.”—F. A. Raleigh. 194 Lawton street. "Greater Atlanta, 500.000 by 1920. Boost the Gate City/’—lsl Oak street. "Atlanta, half-million.”—Mrs. John M. Warren, 511 Washington avenue. "Mi about Atlanta. Climate, loca tion, opportunities. 500,000 1920. Ask me.”—W. H. Nance, 143 Peters Street. "Pull for Atlanta.” “A long pull, a strong pull. All to gether ’til 1920 Eureka! A half million.”—Mrs. E. H. Taylor, 34 Har alson avenue. "You can have the world, but give me Atlanta with her 500.000 In 1920.” —Mrs. Nannie Kelsey, Oakland Heights. “Boost for Atlanta. A half-million in 1920. Watch us grow.”—Dr. W. R. Maiden, 25 Elizabeth -street. "Always fast. Never slow. *1913, 200,000; 1920, 500,000. FXrer on the go.”—Dr. Horace Grant, 76 Walton street. W. J. Kllsoy suggests a picture of Governor John M. Slaton, with the words: "Mr. Stranger, shake hands wi»h Atlanta and Georgia; 500,000 by 1920." "Buy Atlanta dirt now and you will be independent by 1920: 500,000." —F. W. Carlisle. No. 655 North Boulevard. "One hundred people a day and we live the half-million way by 1920." — William R. Bradley, No. 108 Simpson street. "Busy, boundless Atlanta; 500,000 in 1920—0 r why?”— J. W. Simmons, No. 64 Capitol avenue. "Boost! / Boost! Atlanta. 1913- 1920; 500.000.”—S. R. Jones, No. 102 East Merritts avenue. Peachtree to the Fore. Showing the picture of a girl’s head, C. A. Billings offers a design with the slogan: "Atlanta always ahead. Be a boost er.” "Atlanta, the queen of the South; Atlanta, the skyscraper; a city of 500,000 by 1920.” —Solomon F. Strick land, Alpharetta, Ga. “’Atlanta, the city with the push. What it takes to do it we have it 500,000 by 1920.” L. C. Bigby. “‘Watch ns grow; Atlanta—prog ress; 500.000, 1920."—F. G. Semon. “Facts and figures about Atlanta. Ga., the Gate City of the Sunny South; 1913. Half-Million City, 1920." Boykin W. Davis “Half-million city, Atlanta, 1847- 1920."—Mrs. Louie E. Anthony, No. 32 Stirling street. Picture of the Terminal Station, with the word® "From North. South, East and West. 1913; for 500.000 At lanta is the best, 1920.” —Mrs. J. B. Gardner, No. 85 Josephine street. "Half-Million Booster Club; At lanta, 1920. We will win. Watch us grow.”—A. H. Steward, Fort Pierc% Fla. "The best home in the world; join us. Atlanta, 1920; 500,000 population/’ H B. Harrett, Quitman. "Must, Can, Will.” "Atlanta in 1920, 500,000. We must, wo can. we will.”—l. F. Sterne, No. 489 Washington street. • Pull fur or pull out; Hearst’s booster: 500.000.”—J. T. Wilson, No. 495 East Fair street. "Atlanta always ahead; half-mil lion, 1920.” —E. E. Dunaway, No. 13 Auburn avenue. Picture of a flying machine with a pretty girl in it. "All aboard for At lanta.” —Mrs. Bessie McCarter, Ma con. “The gateway to happiness and prosperity is wide open. Atlanta, 500.000. 1920.” —B. C. Spears, No. 11 Dickson place. "Miss Atlanta, your opportunity. Embrace her, boost her. For 500.000 by 1920.” —F E. Taylor, Empire Build ing. "For health, happiness, peace and plenty and half million souls by 1920.” —Doyle Hiatt, No. 14 Killian street. "Onward and upward. One-half EOWABOS LIKELY TO RAISE BOH nl REMOVAL Macon Postmaster Says He Will Be Heard From Before He Quits. MACON, July 12.—1 tis very likely that a lively incident will develop out of the action of the Postoffice Depart ment in asking for the resignation of Harry Stilwell Edwards. Macon post master, who is a Republican ap pointee. It is thought that Mr. Ed wards will refuse to resign, as the San Francisco postmaster has dona, making it necessary for the depart ment to summarily remove him. "I was recently advised that my resignation was wanted," stated Mr. Edwards 10-day, "and I have had the matter under consideration with friends. Ido not care to make a pub lic statement juet at present, but rest assured that I will be heard from.” Cuetis Nottingham, whom Senator Bacon has recommended for the place, is the Senator’s loqpl agent in Ma ron, looking after all of the Bacon propertx interests here. He was for merly Recorder of the city, and in the pre-convention campaign last year he was an active Underwood support er. He also nas always supported Joe Brown. W. T. Morgan, whom Representative Bartlett desires to be postmaster, is a close friend of the Congressman ami is well known for his Hoke Smith sentiments. Nottingham to Get Postoflice at Macon. WASHINGTON, July 12.—Curtis Nottingham probably will be nomi nated as postmaster at Macon, Ga., succeeding Harry Stilwell Edwards, whoso resignation has been called for by the Postoffice.Department. The nomination of Mr. Nottingham will be in accord with the wishes of Senator Bacon. Representative Bart- Icbb, of the Sixth Georgia District, it is understood, has a rival candidate. Committee Selects Text Book Inquirers After sharp debate the House Committee on Education decided Friday to have one nu mber from the Senate, two from the House, the Gov ernor and the State Superintendent of Schools to investigate the school book question. At the next meeting the committee will decide whether the investigation is to be concluded at this session or whether the investigators shall be instructed to finish their work in the vacation period. million city.”—Miss Dora O. Hood, No. 218 Oak street. "Other cities have slogans, Atlanta has the goods. Ambition, insurance, factories, publications, railroads, schools.” —Frank Green, Luckie street. "500.000 by 1920 for Atlanta. Sure. That’s easy.”—George J. Zachem, No. 134 Decatur street. A Bit Ambitious. "Half a million. Then the other half.- Boost Atlanta for 1920."—C. D. Terrell, Covington. Ga. "Atlanta spirit 500,000 Club. Peace, happiness and plenty. Five hundred thousand by 1920.” —E. C. Sosebee, No. 327 West Fourteenth street. "One an hour, day and night, Is the slogan for our fight.” —J. H. Wilson, No. 37 South Pryor Pt roe t. "Productive, progressive, prosper ous Atlanta, 500.000.”*—-J. J. Osborne, Box 1720. "North. East, South and West, This half million city is the best.* H. Jones, No. 54 Flat Shoals avenue. Atlanta, the South's horn of peace and plenty. A half million is easy by 1920.” —Sain Kimball, Jr., Stone Mountain. "Opportunities. 500,000 in Atlanta.** —W. R. Kline, Viaduct place. "500.000 live wires. Atlanta. 1920, Ask me." -George J. Taylor, No. 153 Court land .street. "I live in Atlanta. Don’t you want to live there'.’ Haifa million, 1920.” Miss H. Taylor. "Be a 500,000 booster. Atlanta, 1920."—T. G. Johnson, 141 Ashby street. "Everybody, everywhere, boost At lanta, Georgia, the Gate <’ity of-the Sunny South, as the Half-Million City in 1920.” —C. L. Boone, Southern Rail way Building. "Faith, works, everybody! Half million 1920.”—Miss Ada Wood, Ada belle, Ga. Trains Head This Way. "Stop, look, listen. Atlanta —500.000 1920." —W. G. McCord, Abbeville, S. C. "The city that does things. Are you on?”—W. C. Bailey, 280 Central avenue. "Booster rooster crow's for Atlanta, half-million city 1920.”—H. G. Head. 114 Holderness street. “Atlanta, the best city of the South.” —L. W. Leslie, Bethlehem. Ga. "Atlanta, half-million 1920. I’ll do my ixirt.” —Robert S. Link, Abbeville, S. C. "Join hands with us. We can do it. Make Atlanta 500,000 in 1920.”—H. Clopton, 665 Highland Avenue. "Gat© to Wealth.” "The open gate to prosperity*. Half million entrants in 1920.”—J. T. Ham ilton, 15 West Mitchell street. “Push the button to prosperity. 1920 Atlanta 500,000." —J. T. Hamilton, 15 West Mitchell street. ““Every*body coming our way. At lanta. 600,000 population by 1920. Easy proposition.”—J. W. Stokes, 24 South Broad street. "Health, happiness and plenty leads to 500,000 in 1920. Atlanta always ahead.” —S. A. Martin. "Impossibilities to-day become ac complishments to-morrow. So well get the 500.000.” —J. Fred Eden, Jr., Lumpkin. Ga. "1910. 155,000—1920, 500,000—1930. ? Here she comes, there she goes. At lanta, 1920, half-million. Nuff sed.” —Fred C. White, Candler Building. “‘The heart and pride of Dixie. Mot to, Get there.’ 1865-1920. Atlanta 500.000.”—James R. Ellis, 280 Spring street. “Boost for Atlanta and get that feel ing. 1847-1920, 500,000.” -gTalmon Harbour, 39 Whitefoord aveJße. 9