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THE ATLANTA GEORGIAN AND NEWS. 11 JUGGLERSEEN Says Revolutionary Spirit Is Ram pant, Which Presages Laws to Stop Manipulations. By B. C. FORBES. "How did th«y make their mil lion#?” • * • That question is often put to me when I seek to defend certain finan cial, railroad and industrial leaders against grave charges. I’m tempted to mention name* that are freely held up as examples of men who got rich quick—tob quick. For some of them no defense can be offered. They have been out-and-out jugglers, polite swindlers, suave orooks. * * * “How can men working on salary —even $100,000 a year—become mil lionaires in a few years without hav ing been dishonest?” is another form of the query. • * • Well, the most charitable explana tion. and one near the truth in many instances, can be given in two words: “Inside information.” * * * LAWS ARE COMING THAT WILL FORCE “INSIDE INFORMATION” TO BE TRANSFORMED VERY PROMPTLY INTO PUBLIC IN FORMATION. THE “INS'DER’S” PRIVILEGES ARE TO BE CUR TAILED RADICALLY. * * • I have been tremendously impress ed by the depth and warmth of pub lic discontent’ over the tactics of speculating directors, over the in iquitous habit of many “insiders” in using exclusive information for their personal aggrandizement. * * * Directors are servants of security holders, not their masters. They are elected by stockholders TO SERVE them, not to deceive them. Too many directors forget this, "foo many of them forget their responsibilities in their anxiety to turn their conferred powers into cash for their own bank accounts. * * • The handwriting points to import ant changes, to much-needed laws governing the action of directors and officers of corporations. • * * Guilt must be brought home to INDIVIDUALS, not to corporations. Some PERSON is responsible for every act committed. Very .well, let the new laws aim at punishing the criminal MEN. * * • I hope to prepare a short, simple digest of the excellent British laws which cover this subject. These laws are singularly effective. They fasten responsibility on individuals, never on corporations. Occasionally there are financial scandals in Eng land, but Whitaker Wrights are thrown into prison there, whereas they go into palaces here and be come, instead of convicts, “gentle men” of note, fawned upon and flat tered and kow-towed to because of their wealth. * * • In this country we have sought to hold the New York Stock Exchange accountable for financial exploits which ought to be dealt with by the law. The Exchange was wofully lax in days gone by, but it is really be stirring itself now. Yet its power is limited. It cannot reach as far as the arm of tn© law. It is impotent to cure many evil* that urgently need to be cured, and WHICH WILL BE CURED. * •* * Let “insiders” hug no delusions on that point. The people are nursing their wrath. The intensity of their indignation has been a revelation to me withjn the last few weeks. I al most tremble to contemplate the laws j that are bound to be evolved out of the latent anger. * * • Huge fortunes will be rolled up less easily and at more risk by flim- fla mming in the future. The public will find a way to learn “Where did you get it?” There will be fewer financial mysteries, fewer sensational episodes* in the stock markets, fewer bursting bubbles—and more convic tions of high-placed individuals for schemes designed to enrich them selves at the expense of the public. Every dollar seized by the unscrup ulous manipulator has had to be earn, ed by the toil of some genuine worker. Dollars do not spring into existence by printing stock or bond certificates. Someone has had to sweat for them. * * * This will bring upon me the cen sure of certain financial people. They will call it “yellow.” If these, my critics, were brought as dose to the public as I am by reason of the na tion-wide circulation of the Hearst newspapers and the confidence of the public in the honesty of our purpose, they w/>uld spend their breath, not in condemning me for voicing a warn ing, but in exhorting their own class to remove every occasion for reproacn and every necessity for revolutionary laws. Former Atlantan Is Held for Homicide HOUSTON. TEXAS, July 25.—J. B. Dub, an automobile salesman, who lived In Atlanta until his removal to Texas a few months ago, has been placed under a small bond to ap pear before the Grand Jury to answer for the death of L. Juenger. Juenger died from injuries caused by the striking of hts head upon the sidewalk when knocked down by Dub. The quarrel occurred July 4, and Juenger lingered in a semi-conscious state until Wednesday. CAMPER ACCIDENTALLY SLAIN. HUNTSVILLE, ALA.. July 25.— Emmett C. O’Neal, a well-known young newspaper man of Huntsville, was accidentally killed by a revolver in the hands of Fulgham Hall, a fel low member of a camping party near here. Youngsters After Shetland Outfits m 10 ( mA y * Mildred Brickman, 48 Kirkwood I ■ , : Charles Walker, 299 Ashby St. II PRIZE PONIES Thirteen More Arrive From South Carolina—Red Letter Ballots Will Help Win One. The 22 ponies to be awarded to The Georgian and American con testants are all on hand. Thirteen arrived Thursday, by express, from John Gk Mobley’s farm, Winnsboro, S. C., and now are with the nine others in the rear of 55 Loomis street. The bakeY’s dozen of little animals stood the journey well, and. indeed, were frisky when unloaded and pass ed before the veterinary inspector They are strangers to ttre city and seemingly took great interest in the street cars, the pavements and the other sights which were new to them. Nothing wins now but subscrip tions for The Georgian and Ameri can, and subscription to the Sun day American count the fastest, on account of the Red Letter Ballots. By the use of these Redl Letter 'Ballots, a two-year subscription to The Sunday American yields the con testant 4,500 votes, and a one-year subscription 2,000 votes, whiie even a six-months subscription yields 800 votes. It should be explained that these are not extra votes. The extra votes are included in theee totals. The Red Letter Ballot offer ends. Tuesday night. It is not necessary to clip the ballot from the paper to have these votes counted. It is suffi cient to write “Red Letter Ballot” in one corner of the blanks with which the contestants all are provided. And there is no limit to the number of these “Red Letter Ballots” which may be voted. GAMBLERS INDICTED; FINED. CARTERSVILLE.—The July Grand Jury returned 86 true bills, including indictments against a number of prominent young men for gambling. Practically all pleaded guilty and were given light fines by Judge Fite. Pro prietors of local drug stoi'es were in dicted for selling cigarettes to minors. M’Clure’s Employees Hold Yearly Picnic Emloyees of C. W. McClure's 5 and 10-cent store held their annual picnic at Silver Lake Wednesday. More than a hundred persons were present. The feature of the occasion was ar» old-fashioned picnic dinner, person ally superintended by Mrs. McClure, which was served at 1 o’clock. Dur ing the morning there was boating, bathing and foot races. A baseball game between the re tailers, lead by “Blondy” Cain, and the wholesalers, lead by “Lanky” Reams, was played in the afternoon, and was followed by a watermelon cutting. Hot Air Marks Claim To Perpetual Motion TURIN, July 25.—Tests have been made before scientists here of a ma chine invented by a mechanician named Florio. by w’hich, it is claimed, perpetual motion is demonstrated. The machine collects the inex haustible caloric energy of the air and transforms it into mechanical energy. The air is supplied auto matically. and the apparatus is in continuous motion by reason of the passage of the gas from the warmer atmosphere to the colder water. Atlanta Markets EGGS—Fresh country, candled, 16@ lie. BUTTER—Jersey and creamery, in 1-lb. blocks 27ft'@30c; fresh country, fivir demond. l5<0>18c. UNDRAWN POULTRY—Drawn, head and feet on, per pound; riens, 19c; fries, 22ft@24; roosters, 8@10c; tur keys, owing to fatress. 17@iyc. LIVE POULTRY—Hens. 40(0)46; roosters, 30@35c; broilers. 25<g:30c par pound; puddle ducks. 30@3bc; Pekins, 35@40c; gvese. 50(ri)60c each; turkeyj. owing to fatness. loGtfi.v. FRUITS AND PRODUCE. FRUIT AND VEGETABLES—Lem ons. fancy, $8.00@9.00; cauliflower. 10@ 12ftc lb.; bananas, 2-^c lb; cabbage, $2.00 per crate; peanuts, per pojnd, fancy Virginia, 6ft @7c; choice, 5ft @6c; beets. $1.7o(g>2.00 in half-barrel crates; ccUmbers, $1.25@1.50. Eggplants 75c (y-1.00 per crate; peppers, $1.25(0)1.50 per crate; tomatoes, fancy, six-basket crates, $2.00@2.50; onions. $1.00 per bu.; sweet potatoes, pumpkin yams, 80@86c. okra, fancy, six-basket crates, $1.50(0 1.75. FISH. FISH—Bream and perch, 7c pound; snapper, 10c pound; trout, 10c pound; bluensh, 7c pound; pompano, 20c pound; mackerel, 7c pound; mixed fish, 5(06c pound; black bass, 10c pound; mullet, $11.00 per barrel. * FLOUR AND GRAIN. FLOUR—Postell’s Elegant, $7.75; omega, $7.00; Carter’s Resi $6.25; Qual ity (finest patent), $6.40;'Gloria (self rising), $6.00; Results (self-rising), $6; Swans Down (fancy patent), $6.00; Vic tory (the very best patent), $6.40; Mon ogram, $6.00; Puritan (highest patent), $5.65; Golden Grain. $5.60; Faultless (finest patent), $6.25; Home Queen (highest patent), $5.65: Paragon (high est patent, $5.75; Sunrise (half patent), $4.85; White Cloud (highest patent), $5.25; White Daisy (highest patent), $5.00; White Lily (high patent), $5.00; Diadem (fancy high patent). $5.75; Wa ter Lily (patent), $5.15; Sunbeam, $4.85; Southern Star (patent) $4.85; Queen Spray (patent), $4.85; Tulip (straight), $4.00: King Cotton (half patent), $4.75; low-grade. 98-lb sacks, $4.00. CORN—Choice red cob 90c, No. 2 white bone dry 87c, mixed 85c, choice yellow 85c, cracked corn 85c. MEAL—Plain 144-pound sacks 83c. 96- pound sacks 84c, 48-pound sacks 86c, 24- pound sacks 84c. OATS—Fancy white clipped 57c, No. 2 clipped 56c, fancy white 55c, No. 2 mixed 54c. COTTON SEED MEAL—Harper $31.50 COTTON SEED HULLS—Square sacks $17.00. SEEDS—Amber cane seed $1.00, can* seed, orange $1.00, rye (Tennessee) $1.26, red top cane seed $1.35, rye (Georgia) 35, blue seed oats 50c. barley $1.25, Burt oats 70c. FEEDSTUFFS. CHICKEN FEED—Beef scrap. 100-lb. Sacks, $3.25; 60-lb. sacks, $1.65, Purina pigeon feed. $2.20; Purina baby chick feed. $2.00; Purina scratch, 100-lb ska., $1.85; 50-lb. sacks. $2.00; Purina scratch bales, $2.05; Purina chowder, 100-lb sacks, $2.00; Purina chowder, dozen pound packages. $2.20; Victory baby chick, $2.00; Victory scratch, 50-lb. sacks, $1.90; 100-lb. sacks. $1.85; wheat, two-bushel bags, per bushel, $1.25: oyster shell, 80c; special scratch. 100-lb sacks, $1.80; Eggo, $1.85; charcoal. 50-lb sacks, per 100 pounds. $2.00. SHORTS-White, 100-lb. sacks. $1.76; Halliday, white, 100-lb. sacks, $1.70; Jandy middling. 100-lb sacks, $1.75; fancy, 75-lb. sacks. $1.75; P. \V., 75-lb. sacks. $1„65; brown. 100-Lb. sacks, $1.55; Georgia feed, 75-Ib. sacVrs, $1.55; cflover leaf, 76-lb. sacks. $1.60; bran, 75-lb. sacks. $1 25: 100-lb sacks. $1.25; 50-lb. sacks, $1.30; Hoineoline, $1.50; Germ meal, Homeo, $1.50. GROUND FEED—Purina ford. 175-lb. sacks, $1.70; Purina molasses feed, $1.60; Arab horse feed, $1.70: Allneeda feed, $1.65; Suerene dairy feed. $1.50; Mono- pram. 10-lb sacks. $1.60; Victory norse feed, 100-lb. sacks, $1.60; ABC feed, $1.65; milk dairy feed. $1.65; alfalfa molasses meal. $1.75; alfalfa meal, $1.40; beet pulp. 100-lb. sacks, $1.60. HAY—Per hundredweight: Timothy choice, large bales. $1.20; large fancy light cloved mixed, $115: No. 1 small bales, $1.10; No 2 small $1 ; alfalfa pea green, $1.10. clover hay $1.20, Timothy standard. $1.05, Timothy small bales $1, wheat straw 70e, Bermuda hay 90c, No 1 $1.20. wheat straw 70c, Bermuda hay 90c. GROCERIES. SUGAR—Per pound: Standard gran ulated 5c. New York refined 4ftc, plan tation 4.86q. COFFEE—Roasted (Arbuckle) $24.50, AAAA $14.50 In bulk, in bags and bar rels $21, green 20c. RICE—Head 4ft<8>5ftc. fancy head 5ft '(i6ftc. according to grade. LARD—Silver leaf 13c pound, Scoco $**0 pound. Flake White 8ftc Cotto- lene $7.20 per case, Snowdrift $5.85 per case SALT—One hundred pounds 53c, salt brick (plain) per cnee $2.25, salt brick (medicated) per case $4 *5, salt red rock per hundredweight $1, salt white per hundredweight 90c. Granocrystal, per case. 25 lb. sacks, 75c; salt ozone per •ase 30 packages, 90c, 50-lb. sacks, 30c; 25-lb sacks 12c MISCELLANEOUS—Georgia cane syr up 37c, axle grease $1.75, soda crackers 7ftc pound, lemon crackers 8c. oyster 7c, tomatoes (two pounds) $1.65 case, • three pounds) $2 25, navy beans $3.25, Lima beans 7fto, shredded biscuit $3.60, rolled oats $3 90 per case, grits (frags) $2.40, pink salmon $7. cocoa 38c. roast hepf $3 «0. syrup 30c per gallon, sterling hall potash $3 30 per case, soap $t.60<£?4 per case, Rumford baking powder $2.5$ per case. CANTON DEPOT SAFE BLOWN. CANTON.—The Louisville and Nashville Railroad depot at this place was burglarized at 3:30 o’clock this morning The safe was blown, but the burglars got no money. MINING STOCKS. BOSTON, July 25.—Opening: East Butte lift. New Haven 1004*, Ameri can 20ft. Calumet 63. North Butte 27ft, Pond Creek 20, Superior and Boston 2 9-16. STOCK MARKET | COTTON MARKET By CHAS. W. STORM. NEW YORK, July 25 Another halt in the buying movement what Is evi dence on the stock market at the open ing to-day, and a generally lower tone prevailed. The new’s of the Government's stilt against the American Telephone and Telegraph Company was used as a rea son for pressure against that stock, which declined 1ft. Other losses were: Southern Pacific ft, Union Pacific ft, Steel common ft, American Locomotive ft, Canadian Pacific 1ft, New Haven was up ft Other shares moved irregularly with the changes equally divided between gains and losses. Trading in London was irregular. The curb market was steady. NEW YORK STOCK MARKET. Stock quotations up to noon: Prev. STOCKS— High. Low. Noon. Close Amal. Copper. 69ft 69 ft 69ft 70 ft Am. Beet Sug. 26 25ft 25ft 25ft American Can 33ft 32ft 33ft 32ft do, pref. .. 92ft 92ft 92ft 92ft Am. Car Fdy.. 44 44 44 43ft Am. Cot. Oil.. 38ft 37ft 38ft 37 American Ice. 23ft 22 23ft 22 Am. Locomo... 31 31 31 31 Vi Am. Smelting. 63 ft 63ft 63ft 63ft Am. Sug. Ref.. Ill 110ft 110ft 110 Am. T.-T. ... 127ft 126ft 12«ft 127ft Am. Woolen 16ft Anaconda .... 35ft 35ft 36ft 35ft Atchison 98 ft 98ft „ 98ft 97ft A. C. L 119 119 119 119 B and 0 98 98 98 97ft Beth. Steel.... 34ft 34ft 34ft 34ft B. R. T 88 87ft 88 87ft Can. Pacific.. 218 217ft 218 218ft Cen. Leather 24 C. and 0 54ft 53 ft 54 54 Vi Colo. F. and I. 32ft 32 32ft 31ft Consol. Gas... 131ft 131ft 131ft 131ft Distil. Secur... 14 14 14 .... Erie 26 ft 26 ft 26ft 26 ft Gen. Electric... 140ft 140ft 140ft 139ft G. North, pfd. 125 124ft 125 124ft G. North. Ore. 35ft 34 35ft 33ft III. Central... 113ft 113ft 113ft 113 M. , K. and T. 22ft 22ft 22ft 22ft L Valley. . . 149ft 149 149 149ft Mo. Pacific. . 32ft 32ft 32ft 32ft N. Y. Central 98ft 98ft 98ft 98ft N. and W.. . 105V* 105ft 105ft 104ft No. Pacific. . 109ft 108ft 109ft 108ft Penna. . . . 112ft 112ft 112ft 113% Reading . . . 161ft 161ft 161ft 161ft R. I. and Steel 25ft 25 25ft 26 Rock Island . 17ft 17ft 17ft 16ft do. pfd.. . . 28ft 28ft 28ft 28ft So. Pacific. . 92ft 92ft 92ft 92ft So. Railway . 23ft 23 ft 23 ft 23ft St. Paul. . . 105ft 105ft 105ft 105ft Tenn. Copper. 29ft 29ft 29ft 29ft Texas Pacific 15ft 15ft 15ft 15ft Union Pacific 149ft 148ft 149ft 149ft U. S. Steel. . 58ft 57ft 58ft 58 do. pfd.. . . 107 106ft 107 106ft Utah Copper. 46 ft 46 ft 46 ft 46 ft V. -C. Chem. . 26ft 26ft 26ft 25 W. Union . . 64 64 64 64 W. Electric . 62ft 62ft 62ft 62 ft Cotton quotations: July . Aug . Sept. . Oct. Nov. . Dec. . Jan. . Feb . Mch. May . [Open!High [Low ]N U.75I11. 11.50 11 11.36111. 11.20111. 11.80 11.80 11.55111.67 ill .37 11.39 11 .25111.29 11 .17(11.23 'll .10111.15 11.16 11.16 'll .2111.2411.19 U. (11.21)11.22)11.21 ill ii .is lr. 11 .07(11. 11.16(11. LIVERPOOL COTTON MARKET. Futures opened easy Opening.' July . . . July-Aug. Aug.-Sept Sept.-Oct. Oct.-Nov. Nov.-Dec. Dec.-Jqn. Jan.-Feb Feb.-Mch. Mch.-Apr. Apr.-May May-June Range. 2 P M. .6.36 6.35 ft • 6.35ft 6.35 .6.28 6.27 615 6.14ft .6.14 6.10 .6.06 6.05 . 6.05 .6.04 .6.06ft ... • 6.06ft 6.08 • 6.09ft 6.10ft 6.10 6.05 ft Close. 6.32 ft 6.32 ft 6.24ft 6.13ft 6.09 6.04ft 6.05 ft 6.04ft 6.06 6 07 6.08 6.09 ft ” —*■ • • .“.iv/j n.iv Closed quiet but steady NEW ORLEANS COTTON. Cotton quotations! I Wool Market Active, With Narrow Range BOSTON, July 25.—Greater activity is noted in the local wool market, sales for the past week being estimated at fully 1,500,000 pounds. Much sampling has been done, but prices are no higher nor is any immediate advance likely. Recent buying has been largely to cover actual needs, as members have been getting some business recently. Buying of the Montana clip is progressing slowly. Prices are practically un changed. Marketing of the early-bought wools is proving to be more profitable than at one time seemed possible. Ap parently this may be credited to the de lay in the passage of the new tariff bill. Receipts of wool in pounds for the week ended and including Wednesday were as follows; 1913. 1912. Domestic 7.497.879 15,511.874 Foreign 30,521 862.875 Totals 7.528.409 16.374,749 Total receipts of 7,528,409 pounds, com pared with 10,146,968 the preceding week, of which 9,751,818 were domestic wools. Receipts in pounds from and includ ing January 1. 1913, as compared with the corresponding period in 1912, were as follows: i 1913. 1912. Domestic 70,857.072 119,205,545 Foreign 41,975.880 77,118,231 Totals 112.832,952 196,323,776 July . Auk. . . .11. Sept. . Oct. .111. Nov . Dec. . • 11 Jan. . . .11 Feb. . Mch. . . .Ill •-lr----7 ...I 11.30-32 GRAIN MARKET Mining Stocks Hold Up Despite Strike BOSTON, July 25.—Copper stocks in Boston have been more active since the Michigan strike began and shares of tlie mines in that district have held up well. The selling has been mostly in small lots. Trailers think that the price of the metal Is going to advance materially and that for a time there will be larger profits, as there is considerable I^ake Copper In stock. It has been going slow • luring the recent buying movement. A broader market is looked for in view of the demand in the visible supply of cop per in general and the fact that Ameri can consumers have kept out of the market to await lower prices and now have small stocks on hand. issues outside the Lake have ad vanced as a rule. High WHEAT— J ulv 86 ft Sept 87 Dec 90 ft CORN— July 61 Sept 62 ft Dec 59 OATS - July 38 ft Sept 40ft Dec 42 Vi PORK— Sept. .. . 21.3 LARD- Sept.... 11.80 Oct 1187ft RIB» -• July Sept. . . . 11.80 Oct 11.60 Low. 85 ft 86' 4 89 ft 38 ft 39ft 41ft Previous Noon. Close. 85ft 86ft 87 89 ft 90 ft 60 ft 61 Vi 61ft 62ft 58 ft 59 ft 21.37ft 21.37ft 21.47 V 11.77ft 11.82ft 11.80 11.57 ft 11.77ft 11 82 ft 11.80 11 57ft 11.85 11.90 P 11.77ft 11.87ft 11.65 E. A. C0PELAN PRESIDENT OF MARY-LEILA COTTON MILLS GREENSBORO, GA.. July 25.—At a meeting of the stockholders of tha Mary-Leila Cotton Mills. E. A. Copelan of Greensboro, was elected president to fill the vacancy caused by the death of W. R. Jackson. W. P. McWhorter, of Woodville, was elected vice president, and P. F. Merritt, of Greensboro, was re-elected secretary, and treasurer. E. W. Cop&lan, of Greensboro, was chosen a director to fill the vacancy caused by the death of Mr. Jackson. STOCK GOSSIP LIVERPOOL GRAIN MARKET. LIVERPOOL. July 25 Wheat opened unchanged to ftd lower; at 1:30 p. m the market was ftd to ftd lower Closed ftd to ftd lower. Corn opened ftd lower; at 1:30 p. rn the market was ftd lower. Closed ftd lower. Grain Notes G. D. Potter says: “I believe the ad vance in the stock market will continue for some time, with the usual reactions that come from time to time in every bull market. 1 would advise the pur chase of good dividend-paying issues on reactions, especially stocks like Union Pacific, Reading, Copper and Steel.” • • • Government brings suit against the American Telephone and Telegraph Company to dissolve its connection with the Northwestern Long Distance Tele phone Company and other former inde pendents. • * * Twelve Industrials advanced .81. Twenty active rails advanced .55 • • * The New York Financial Bureau says: Favorable reports are received from the Bank of England and the Bank of France "Information channels, as a rule, look for further improvement. "Some continuation of the broadening tendency, with professional realizing during strong periods, may be seen to day We would not reach for stocks, but would buy conservatively on favor able opportunities for fair profits. ’ The Chicago Inter Ocean says: "It is the general belief of the wheat trade that constant export buying will be necessary to maintain the present level of prices, until sufficient of the surplus has been disposed of to make its in fluence felt as a bullish factor “It Is the gossip of the corn trade that conditions in the corn market are the reverse of those prevailing last winter. Then the crowd was all bearish and sell ing short, while the Armour Grain Com pany was. bullish and took hold of the market despite the unfavorable local speculative position and made a good ad vance. Armour Grain Company is un derstood to be bearish ami has been selling corn short for several davs. while the local crowd is bullish and is buying all the corn the Armour Interests have "Oats specialists said last night that 95 per cent of the local traders wen- bearish.” DOG ROUTS FOOTPAD. WAYCROSS.—As he was In the act of striking I)r. W M. Folks in front of the home of Dr. Frank C. Folks, lat. last night, an unknown negro was at tacked by Dr. Folks’ dog. The negro climbed a fence and escaped. Robbers is believed to have been his motive FORMER GEORGIAN DEAD. COLUMBUS.—Information has been received in Columbus from Longview , Tex, of the death of Mrs. Blanch* Long, 92 yeads of age. Mrs. Long resided in Columbus 50 years ago She has many relatives throughout Georgia* NEW YORK. July 25.—At the start to-day the cotton market was stead> at a net decline of 4 to 7 points from last night's close. Near positions ugain showed the greatest weakness, but they were also the first to respond to later covering and soon after the opening the whole market rallied several points, with the shorts nervous over the over- V condition of the market. Liverpool was lowtr than due and brougm out scattered selling from the ring 'Phis, together with a perfect weather map, showing further fains in Texas and lower temperatures generally, wit,h indications for more showers, brought on more favorable apprehension that the drouth would not continue. The early firmness was not of long du ration July continued on the toboggan and by noon had increased its decline 11 points from the previous close. Au gust. after advancing 12 points to 11.67, fell back two points under the previous close. New crop positions were liquidated. The early buying seemed to he profit taking purchases by shorts and by mod erate buying by a few strong spot in terests. It seems now that the bull market Is about over Weather and crop advices are excellent. Spots are weakening for the first time in man\ weeks and new crop cotton is begin ning to arrive at various points In Texas The recent heat and clear- weather was regarded as most propit ious to the plant and hasten its ma turity. Following are 11 a. m. bids in New York: July, 1178; August, 11.64; Octo ber, 11.25; January, 11.13. Following are 10 a m bids in New Orleans: August, 11.57; October. 1131 January, 11 .30. Estimated cotton receipts: XT _ , Saturday. 1912. New Orleans 800 to 1,100 263 NEW YORK COTTON. Prev. 'n.| Close. 75 jit .86-87 57(11.62-63 39 11.43-45 22(11.30-31 . . (11.22-24 1611.23-24 09111.16-17 16|11.17-19 19111.25-26 22,11.28-30 Prev Close 6.38 ft 6.36 ft 6.31 « lift 6.13 6.08ft 6J. 6.08ft 6.10 6 11 6.12 6.13 ft CHICAGO, July 25.—The wheat mar ket at Chicago Showed considerable weakness at the opening to-day, net de clines of ft(& ftc being recorded during the first half hour of the session. Low er prices at Liverpool, coupled with fa vorable Russian reports, steadiness of Canadian offerings in that market, ex pectations of lighter world's shipments and favorable weather in our North west being the influences which brought about the lower levels. Trade was not of large volume, with longs selling in a moderate way, and putting out of short lines being indulged in by some of the bears. Reports from the Northwest were to the effect that the crop now irt finishing there will turn out better than expected. Northwestern receipts to taled 163 cars and Winnipeg 77 cars compared with 111 and 112 cars respec tively for the same day last year. Corn suffered a decline on further rains in sections where needed. Some short selling was indulged in early and longs were disposing of a protion of thAir holdings. Oats followed irf the course of the wheat and corn markets. Provisions were slow and weaker in sympathy with the break of 5 cents in the price of hogs at the yard. Grain quotations to noon: AMERICAN FLAG OFFER Valued at Five Dollars for 90 cents This beautiful American Flag, the very latest, with 48 / stars, made of fine bunting. Cut out Coupon below, and bring to THE HEARST’S SUNDAY AMERICAN and ATLANTA GEORGIAN Of-/ fice, with 90 cents, and secure one of these beautiful flags. THIS COUPON and 90e entitles the holder to an American Flag, 5 feet t by 8 feet, when presented at our offices, HEARST’S SUNDAY AMERICAN THE ATLANTA GEORGIAN 20 EAST ALABAMA ST. 85 PEACHTREE ST. Flags will be mailed at an additional charge of 10c for postage. — Every man is proud to say he is an American, and it is bis 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 ATLANTA, GA* 35 Peachtree Street