Atlanta Georgian. (Atlanta, Ga.) 1912-1939, July 24, 1913, Image 11

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f TTTE ATLANTA GEORGIAN AND NEWS. 11 COTTON MARKET NEW YORK, July 24.—The absence of rain In Texas and Oklahoma led to a steady opening in the cotton market to day Prices were net unchanged to 5 points higher on the old crop positions and unchanged to 4 points decline on distant months. Immediately after the opening scattered buying by shorts dom inated the market, resulting in prices rallying some 3 to 6 points from the initial level. Later weakness developed In the old crop positions, due chiefly to liquidation of foreign accounts. The sudden wave of liquidation of long ac counts by prominent brokers, including many spot interests, found the market too thin to take the load. The price of old crops declined in sen sational manner. With declines as high as 2, 3 and 5 points between sales, July soon dropped 20 points, while August lost 31 points from the previous close. The weakness in the old crops had lit tle effect on the new crop months, which only declined 3 to 6 points. It is now believed that a large short interest is existing in later positions. Following are 11 a. m. bids in New York: July, 11.88; August, 11.65; Oc tober, 11.33; January, 11.22. Following are 10 a. m. bids in New Orleans: July, 11.65; August, 11.70; Oc tober, 11.39; January, 11.39. Estimated cotton receipts: Friday. 1912. New Orleans 150 to 200 291 NEW YORK. COTTON. Cotton quotatlona: July . Aug. Sept. Oct. . Nov. Dec. Jan. . Feb . Mch. May iOpen HighILow IN'n.l Close. | Prev. 12.02112.02111.83'H 11.85111.85111.58 11.57 11.60)11.53 11.36 11.41 11.30 11.30111.35111.24 11.24111.29111.18 11.32111.38 11.28 11. 11.38111.38)11.33 )ll. 84 11.04-05 60 11.49-50 53111.57-59 31111.36-37 . 11.28-30 26111.29-30 19 11.24-25 . .111.25-26 29111 .31-32 33111.33-35 NEW ORLEANS COTTON. Cotton quotations: IOpen !HigI Low | Prev. N’n.| Close. July . . . Aug. . . . Sept. . . . Oct . . . Nov. . 11.69 11.70 ii !42 11.69 11.73 ii !47 11.67 11.69 ii. 36 11.67111.71-75 11.69111.70-71 Ill .45-47 11.3611.41-42 ill.38-40 Dec. . \ . Jan. . . . Feb. . . . Mch. . . . May . . ii .41 11.42 ii:a 11.45 11.46 ii:a 11.33 11.36 iL47 11.33 11.38-40 11.36 11.41-42 !11.30-31 11.47 11.48-49 ill.53-55 LIVERPOOL COTTON MARKET. LIVERPOOL, July 24.—Due 2 to 3% points lower, this market opened quiet at a net decline of 2 to 3 points; at 12:15 p. m. the market was quiet, 4% @5 points lower on near positions and 8% points lower on distant months. Later the market advanced % point from 12:1.5 p. m. Spot cotton 5 points lower: middling 6.64d; sales 8,600 bales, including 7,100 American bales. Futures July . . . July-Aug. Aug.-Sept Sept.-Oct. Oct.-Nov. Nov.-Dec. Dec.-Jan. Jan.-Feb. Feb.-Mch. Mch.-Apr. Apr.-May MaytJune opened easier. Opening. Range. 2 P.M . . .6.39 . . .6.39 . . .6.31 .6.17 .6.13 .6.08 .6.08 .6.09 6.36 6.30% 6.16% 6.12 6.07% 6.07 6.07% .6.09% 6.09 .6.11 6.10% .6.12 .6.13% 6.12% Closed quiet but steady. Close. 6.38% 6.38% 6.31 6.17% 6.13 6.08% 6.08% 6.08% 6.10 6.11 6.12 6.13% Prev. Close. 6.42% 6.42 6.34% 6.20 6.15 6.11 6.11 6.12% 6.13% 6.14% 6.15% Dallas wires: ‘‘Texas—Panhandle, cltudy in the south, clear in the west, partly cloudy; no rain. Oklahoma—Part ly cloudy.” * * * NEW ORLEANS, July 24 —Hayward & Clark: The weather map is favorable. It shows fair over the Carolinas and Central and South Texas. Cloudy over the rest of the belt. Fine rains in Ar kansas, Central States, Alabama, Ten nessee, parts of Georgia, and some show ers in Northwest Texas yesterday and last night. Indications are more pro nounced for more extensive rains in North Texas and Oklahoma. Showery weather in the central belt. * * * The New Orleans Times-Democfat says: ‘‘Liverpool reported smaller spot sales. Manchester cabled that cloths were dull and yarns hard to sell. The weather map revealed splendid rains east of the Mississippi River and the map reads unsettled conditions over the greater part of Texas. With these fac tors as a starter, the American ring prepared for a price recession on the day’s trading and scored one in the nat ural course of events. July New Orleans again held the center of the stage, be cause all of the trailers on the long side had not liquidated. The result was a further sharp readjustment, in which the spot article played a part. , ‘‘The talent as a whole now seems satisfied the crop is progressing toward a large yield. Rains In Texas in the near future will go a long way toward confirming such a belief. In that State, dry, hot weather has probably done far more good in the destruction of weevils than harm to the plant, which, as a rule, possesses a sturdy tap root and is well limbed. ‘‘In recent years the Texas farmer has profited by the Government’s experi ments and has steadily Improved his cultural methods.” GRAIN MARKET CHICAGO. July 24.—Weaker cables and favorable weather in the spring wheat country were the influences, which forced wheat % to %c lower at the opening. Liverpool showed a frac tional decline and rains were reported in Russia and Argentine. Northwestern receipts were moderate, but they ex ceeded those of last year. Offerings of corn in the pit were smaller at the opening and values had an advance of % to %. Oats followed in the footsteps of corn, showing a gain of %c to c at the open ing. The advance of 5c In the price of hogs at the yards had little effect on provision values early In the day, the feeling and the trend of values being somewhat easier Trade was light and uninter* esting. Grain quotations to noon: Previous High. Low. Noon. Close. WHEAT— July 86% 86 86 % 86% Sept 87% 86% 87% 87% Dec 90% 90% 90% 90% CORN— July 61% 61% 61% 61% Sept 62% 62% 62% 62% Dec 59% 58% 59% 59 OATS— July 39 38% 38% 38% Sept 40% 40 40% 40 Dec 42% 42 42% 42% PORK— July.... 22.20 22.20 22 20 22.25 Sept. ... 22.47% 22.42% 22.42% 21.47% LARD— July 11.67% Sept.... 11.82% 11.82% 11.82% 11.85 Oct 11.87% 11.87% 11.87% 11.80 RIBR- July 11.72% Sept.... 11.82% 11.80 11.80 11.85 Oct 11.60 11.57% 11.57% 11.62% COTTON MARKET OPINIONS. Miller & Co.: We think it will be a weather market. Norden & Co.: Would buy on weak ness. Roup and Sorehead Different Diseases Both Can Be Prevented, Both Eradi cated From Flock, by Easily Applied Remedies. By Is there a difference between roup and sorehead? My neighbor tells me they are the same thing, only roup is sorehead in the fall and winter, and what we usually call sorehead is the same disease in hot weather. 1 would like to have your views upon the sub ject.—Mrs. J. R. O., Dallas, Ga. These are two entirely different dis eases. and come from different causes. Both are diseases of the blood, though the effect is quite different. Then at times the two troubles are found in the same specimen. For example, a fowl having the sore head and all broken out with the sores or bumps on its comb and head, will, by roosting in a hot. damp place, con tract the. roup. This will cause the air passages to become inflamed and fill with mucous, causing the fowl to breathe through its mouth. Results in Loss of Eyes. The breathing passage to the nostrils being stopped the inflamed matter will be forced out through the eye duct, filling the space around the eye. causing it to water and swell. If it is not re lieved the mutter will harden and final ly the eye will go blind and peel out. While this is going on the sorehead trouble will wrinkle up the comb and If not checked will form a solid scab upon the head and comb and will so affect the general health of the speci men as to cause death in many cases. It is only in rare cases, however, that the two are combined. Either one is sufficient in itself to cause enough trouble to do a world of damage to an otherwise thrifty flock. The sorehead comes on as a result of infection intro duced by the sting of the mosquito. When once established In a flock it is transmitted from one to the other, without the aid of the mosquito, by personal contact. Coops Should be Netted. Mosquitoes rarely bother them during the day, so that where a person will take the trouble to make his poultry coops mosquito proof with netting they will* have but little trouble from sore head. Where this Is not done, a great preventive measure is the giving of Ep som salts freely In the drinking water during July and August. It must not be omitted for any length of time or the system allowed to get out of the influence of it or the sores will make their appearance. When the sores do come up, it is a good plan to take any affected ones from the flock and treat them Individually by dipping a feather in oil of tar and touch ing the sores. Another good remedy is a stick of caustic touched to soft water and then to the sore. Either one of these will have a tendency to kill the germs and dry up the sores. The salts should also be given. Everything should be. spick and span about the premises in regard to water vessels, feed troughs and nests. Filth will spread the trouble faster than you can cure it. Roup Like Common Cold. Roup is to fowls what a bad cold is to people, and, as it is in the human family, it is liable to take various forms if not checked in its incipiency. It may become malignant, with an offensive odor, and often develop Into swelled head and at times into a cankerous con dition of the throat and mouth. It will be observed by opening the beak wide that there is a thick, yel lowish coating on the throat and tongue, like cheese. Some experts advise the re moving of this coating with a feather quill and powdering the raw surface with powdered borax twice a day. A dose of castor oil every other day for three days; then follow It up with salts in the water. This is a constitutional treatment that will help rid the system of the poison. The swelled head condition is best treated with kerosene oil. We have found nothing so handy to use as a spring-bottom sewing machine oil can. the small tip of which can be inserted into the nostril. With this the oil can be forced through the nostrils into the head. Foam is First Symptom. If the poultryman is alert and looks closely after his fowls he will notice a little foam collected in the corner of the eye. This is the first indication of roup and the closing of the air passages. This is the time to treat with the kero- sene, which will usuallly, in about two or three applications, clear out the trouble entirely. While roup usually is considered a cold weather disease, yet it very fre quently makes its appearance in the very hottest times of the summer. At such times it is as the result of chickens being confined in hot, close quarters, not well ventilated and full of bad odors. At such times It is often more trouble to handle than in cold weather because of the difficulty in securing free fresh air. MULHALL BAND SUES PAPER. WASHINGTON. July 24.—A. Park Nevin, attorney for the National As sociation of Manufacturers, said to day that a libel suit for $500,000 would be filed against the Philadelphia North American for comment regard ing the Muihall charges. SENTENCE GUYTON MERCHANT. GUYTON.—Convicted of violation of the prohibition law. H. W. Orvine, a Guyton merchant, was sentenced to twelve months on the county chain- gang or pay a fine of $1,000 in City Court at Springfield. He is under bond in a similar case in Superior Court. NEW G. S. AND F. AGENTS. MACON.—Howard C. Montague has been appointed commercial agent for the Georgia. Southern and Florida Railway at Chattanooga, vice James F. Slowey, resigned. Harold L. Peters is appointed soliciting freight agent at Tampa, succeeding Mr. Montague. COTTON SEED OIL. Cotton seed oil quotations: 1 Opening. July August September .. October .... ....... 1 9.30&9.50 9.44fa>9.55 | 9.48fa)9.50 | 8.35fa;8 36 November .. December .. January .... 1 6.90fa 7.00 6.76(0,6.77 ! 6 74 fa 6 76 February ... i 6.74fa>6.76 LIVERPOOL GRAIN MARKET. LIVERPOOL, July 24.—Wheat opened unchanged to %d lower. At 1:30 r>. m. the market was % to %d lower; closed % to %d lower. Corn opened unchanged to %d higher. At 1:30 p. m. the market was %d higher; closed unchanged. MINING STOCKS. BOSTON. July 24.—Opening: New Haven, 100%; United States Smelting, 36; Boston and Maine, 62; Calumet-Arl- zona, 63; Copper Range. 38. BAR SILVER. NEW YORK, July 24.—Commercial bar silver, 59%, Mexicans dollars, 47. LONDON, July 24.—Bar sliver 27%d, steady. STOCK MARKET By CHARLES W. STORM. NEW YORK. July 24.—Although news developments were of a favorable char acter, price movements wej-e generally to lower levels at the opening of the stock market to-day. The copper stocks failed to respond to improve trade con ditions, Amalgamated yielding % to 68% and about the same amount of loss was sustained in Reading and Union Pacific. New Haven declined % to 99%, a new low record for the present move ment. Speculative liquidation caused a loss of a point in American Can. Canadian Pacific was off %; Mexican Petroleum. %; American Smelting ws up %, and Southern Pacific %. Selling pressure against Canadian Pacific was evident in the London market, where trading was irregular American railway shares held above par, however. The curb was steady. NEW YORK STOCK MARKET. Stock quotations up to noon: STOCKS— Amal. Copper. Am Beet Swg American Can do, pref. .. Am. Cot. Oil... Am. Smelting Am. Sug. Ref. Am. T.-T Anaconda .... B. and O Beth. Steel Can. Pacific... Cen. Leather.. C. and O. .... Colo. F. and 1. Corn Products Erie do, pref. .. G. North. Ore.. Interhoro, pfd. M., K. and T. L. and N.. . . Mo. Pacific. . No. Pacific. . Penna. . . . Reading. . . R. I. and Steel do. pfd.. . • S. -Sheffield. . So. Pacific. . So. Railway . St. Paul. . . Union Pacific. U. S. Steel. . do. pfd.. . • Utah Copper. W. Electric . High. 69% 26% 32 92% 37% 62% 111% 128% 34% 97% 32% 217 24% 53% 29% 10 26% 40% 33% 58% 22 132% 32% 108% 113% 160% 23% 85% 26% 92% 22% 104% 147% 56% 106% 46 62% Low. 68% 25 31% 92% 37% 61% 111 128 34% 97 32% 217 23% 53% 29% 9% 26% 40% 33% 58% 21% 132% 31% 108% 113% 159% 23% 85% 26% 92% 22% 104% l 47% 56% 106% 45% 62% Noon 69% 26 31% 92% 37% 62 111% 128 34% 97% 32% 217 24% 53% 29% 10 26% 40% 33% 58% 22 132% 32% 108% 113% 160% 23% 85% 26% 92% 22% 104% 147% 56% 106% 46 62% Prev. Close 69% 24 32 92% 37 62% 110 128 34% 98 33% 217% 23% 29% 26% 40% 33% 68% 22% 132 % 31% 108% 113% 160 Vi 24 85 25 92% 22% 104% 147% 56% 106 Vi 45% 61% STOCK GOSSIP It is announced that the sharehold ers of the New Haven would be sum moned to hold a special meeting on August 22 to authorize an issue of $67.- 552,400 20-year 6 per cent debentures with a convertible privilege. The new bonds will he convertible into stock at the rate of one share of stock for each $100 debenture at any time between 1918 and 1928. The most important of the maturing obligations of the New Haven is the $40,000,000 of one-vear 5 per cent notes sold last November and falling due De cember 1. These notes were issued for returning and equipment purposes. Next February the New Haven will have to redeem $5,000,000 of 4 per cent debentures. President Mellen said that the balance would be fresh capital to complete the electrification of the road and for equipment and improvements. * * * The New’ York Financial Bureau says: “The foreign situation is showing im provement. A. C. P. sells ex-div. to morrow'. Information channels are dis posed to favor a trading position.” * * * The stock market may be inclined to he reactionary this morning, hut do not expect more than a moderate recession Would buy stocks on any weakness! The copper situation looks as if the metal would sell higher and as if A. C. P. and the balance of coppers would advance.—T. D Potter. * * * Federal District Court directs the American Tobacco and United Cigar Stores Company to appear before the Circuit Court of Appeals August 21 to show cause why dissolution decree should not he amended. * * * Tw’elve industrials declined .25; 20 active rails declined .32. Grain Notes The Chicago Inter Ocean says: ‘‘It was the gossip of the wheat trade last night that as long as the export busi ness continues large prices are not like ly to decline a great deal, if any. from present levels. In the last three days export sales aggregate more than 2,000,- 000 bushels, mostly hard winter. ‘‘Corn continues to be a weather mar ket.” LOWRY NATIONAL BANK Capital $1,000,000 Surplus $1,000,000 Mortgage Money I want a few more choice Real Estate Loans—$1,0 00 to $5,000. Sub urban Properties and Farms consid ered, if well im proved. Wm. Hurd Hillyer Trust Co. of Ga. Bldg. Savings Department Safe Desosil Bose COLUMBIA PENNANT For 15 Cents and the Pennant Coupon That Appears Below Regulation Size—12x30 Inches On Sale by the Following News Dealers IN ATLANTA JACKSON-WESSEL DRUG CO, Marietta and Broad Streets. CHtncK^HANK CIGAR CO., Peachtree and Pryor Streets. GEORGIAN TERRACE CIGAR CO.. Georgian Terraoe. HARBOUR’S SMOKE HOUSE. 41 North Pryor Street. WEINBERO BROS. CIGAR STORE. Alabama and Pryor Streets. BROWN & ALLEN. Alabama and Whitehall Streets. HAMES DRUG CO„ 380 Whitehall Street. GUNTER-WATKINS DRUG CO., Peachtree and Walton Streets. MEDLOCK PHARMACY. Lee and Gordon Streets. WEST ENT) PHARMACY, Lee and Gordon Streets. JOHNSON SODA CO, 441 Whitehall Street. WHITEHALL ICE CREAM CO, 28 4 Whitehall Street. STEWART SODA CO, Cooper and Whitehall Streets. GREATER ATLANTA CONFECTIONERY CO, 209 Peachtree St. ADAMS & WISE DRUG STORE, Peachtree and Linden Streets. TAYLOR HROS. DRUG CO, Peachtree and Tenth Streets. TAYLOR BROS. DRUG CO, West Peechtree and Howard Streets. CRYSTAL SODA CO, Luckte and Broad Streets. ELKIN DRUG CO, Peachtree and Marietta Streets. JACOBS' PHARMACY. Alabama and Whitehall Streets. WALTON SODA CO, Walton Building. Out-of- Town Dealers Out-of-Town Price, 18c and the Pennant Coupon. BENNETT BROS, 1409 Newcastle Street. Brunswick. Ga. JOE N. BURNETT, 413-A King 8treet, Charleston, 8. C. REX VTNING, Dalton, Ga, ORA' LYONS. Griffin. Ga. THE GEORGIAN CAFE. East Clayton Street, Athens, Ga. M. & W. CIGAR CO, East Clayton Street, Athens, Ga. COLLEGE CAFE, Broad and College Streets, Athens, Ga. ORR DRUG CO, East CHayton Street, Athena, Ga. BOSTON CAFE, North College Avenue, Athens. Ga. SUNDAY AMERICAN BRANCH OFFICE, 166 East Clayton Street, Athens, Ga. ROME BOOK STORE CO, Rome, Qa. CHEROKEE NEWS STAND, Rome, Ga. H. K. EVERETT. Calhoun, Ga. J. D. BRADFORD, Sumter, S. C. EARL A. STEWART, 461 Cherry Street. Macon, Ga. ROBT. NEWBY, Vienna, Go lf your news dealer can not supply you, write us. We send pennants anywhere for 1 8 cents and the Pennant Coupon. SPECIAL COUPON! THIS COUPON entitles the holder to any or all Pennants at the Special Reduced Price of 15 Cents for each pennant when presented to any Atlanta news dealer or at the offices of 20 East Alabama St. 9 Edgewood Avenue LIST OF PENNANTS Harvard Georgia Tech Masonic Yale Ga. University Elk Princeton Alabama Eagle Cornell Columbia Three cents extra if sent by mall or redeemed by out- of-town news dealers or agents This affords an unusual chance to obtain Pennants at a previously unheard-of price. 20 East Alabama St. 9 Edgewood Avenue ATLANTA :75^3§|ii|§§g| AMERICAN FLAG S s ’899SSSSSS9SS9&S9SSS£S3SSSSS8SS& Valued at Five Dollars for 90 cents Tins beautiful American Flag, the very latest, with 48 stars, made of fine bunting. Out out Coupon below, and bring to THE HEARfvTS SUNDAY AMERICAN and ATLANTA GEORGIAN Of fice, with 00 cents, and secure one of these beautiful flags. THIS COUPON and 90o entttlea the holder to an American Flag, 5 feet by 8 feet, when presented at our offices, HEARSTS SUNDAY AMERICAN THE ATLANTA GEORGIAN 20 EAST ALABAMA ST. 85 PEACHTREE ST, Flag3 will be mailed at an additional charge of 10c for postage. Every man is proud to say lie is an American, and it Is his duty to see that “Old Glory is flung to the breeze'* on every appropriate occasion. See that you have one of these flags at your office or-at your home. Take advantage of this offer. Hearst’sSunday American and Atlanta Georgian 20 East Alabama Street 35 Peachtree Street ATLANTA, GA. ■ *-V- >-585335% g socoocSooSao