Newspaper Page Text
TTTE ATLANTA CFORfJTAX AXE NEWS.
COTTON IS SOFT
August Heavily Sold by Timid
Longs—Speculation Curtailed
by Threatened Legislation.
NEW YORK, July 26.—A bearish re
port on Oklahoma and Texas from F. M.
Cordill and some rains in the Western
belt and prospects for more, the cotton
market opened active to-day and first
prices were at a net decline of 2 to
5 points from Friday's close, with the
exception of July, which opened 2 points
higher. Later the market steadied a lit
tle through scattered covering. This
class of buying, however, soon ex
hausted on further reports of rains in
Texas and private crop advices to the
effect that the crops were in excel
lent condition.
In addition to active selling by the lo
cal crowd, there was selling by brokers
who usually represent the larger spot
houses. Some of those who bought yes
terday bought on the decline but of
limited character. In many respects the
market was a repetition of that of
Thursday. July was weak but not so
extremely soft as August and new crop
positions. The break in August was
said to be due to a renewal of liquida
tion by timid longs, who did not like the
excellent weather and new crop advices.
There was a further weakness in spots
which also encouraged the bear raid.
At the close the market was steady
with prices at a net decline of 7 to 12
points from the final quotations of Fri
day.
Estimated cotton receipts:
Monday. 1912
New Orleans 250 to 500 473
RANGE IN NEW YORK FUTURES.
Jul
Au
Sp
Oc
No
De
Ja
Fe
Mr
My
11.83111.83111
11.59 11.6111.
11.36 11.36 11.
11.27111.27111.
I I I--
11.21)11 22 11
11.12 11 12 11.
11.22 11.23 11
|ll. 27111.29 11
Closed steady.
71111.
50 11.
3111.
18|11.
*12111
06111.
19 11
1911.
75:11.74-76
51 11.51-52
31111.29-21
18-11.18-20
. Ill 11-13
1211.12- 13
06 11.05-06
. ..ill 06-08
1311.13- 14
20111.19-20
11.81-
11.62-
11.38-
11.26-
11.23-
11.11-
11.18-
11.27-
11.29-
LIVERPOOL COTTON MARKET.
LIVERPOOL, July 26.—Due 1 point
lower on August and 1 to 2 points high
er on other positions. this marwet
opened 1 to 1% points higher The mar
ket closed easy 1% to 2 points higher.
Spot cotton easier at 2 points decline;
middling. 6.59d; sales, 6.000 bales, in
cluding 4.000 American bales.
Futures opened easier.
Openig
Prev.
Range.
Close.
Close.
July
. 6.34 -6.33
6.33
6.32%
July-Aug
6.34 -6.32%
6.33
Aug.-Sep..
6.26 -6.25
6.25%
6.24^
Sep.-Oct. .
6.16 -
6 14%
6.13%
Oct.-Nov. .
6.10 -6.11%
6.10
6.09
Nov.-Dec.
6 05%-6.06%
6.05
6.04%
Dec.-Jan .
. 6.06%-
6.05%
6.05%
Jan.-Feb
6.06 -
6.05%
6.04%
Feb.-Mar
6.07 -6 07%
6.07
6.06
Mar-April
6.08 -6.09%
6.08
6.07
April-May
6.09%-
6.09
6.08
May-June
6.10% -6.11 %
6.10%
6.09%
Closed easy.
NEW ORLEANS COTTON.
Special report to The Journal of
Commerce indicates that the cotton
crop has improved generally in Geor
gia. Alabama and Mississippi during the
past month. Season is two weeks late,
the plant small, but healthy and strong,
fruiting nicely; fields are well cultivated
and clean; boll weevils are numerous
in Mississippi. Georgia condition shows
considerable Improvement over a month
ago, when It was 76.4 per cent. Pick
ing will begin about September 1st. Mis
sissippi condition has about held its
own since last month, when it was 80
per cent. Dry, hot weather has pre
vented the Alabama crop from mak
ing any improvement for the month.
Picking will begin about the middle of
August.
* * *
Habersham King issued an unfavor
able report on Texas and Oklahoma yes
terday. However. F. M. Cordill made
public a circular just the opposite, say
ing the crops in Texas and Oklahoma
were nearly perfect, but rain is needed
to some extent.
• * •
It is reported that a seat on the Cot
ton Exohang'' has been sold recently
for $12,000. This is a decline of $2,500
from the last previous sale. Early in
the year a sale was reported for $19,000.
The decline is due to the plan to im
pose a tax on future contracts.
* * •
Sheffield, Ala., wired: “We nave had
three days. of showers and cloudy all
of the time. This is the best we could
have hoped for. Conditions are splen-
NEW ORLEANS. July 26.—Hayward
•sc Clark: “The weather map shows
cloudy over nearly the entire belt. Some
fine rains in Northwest Texas, North
Texas, Arkansas Mississippi, Louisiana
and Alabama Light showers over the
itics, cooler in the West. Indi
cations are for partly cloudy to cloudy,
with more ra<n over Sunday, particu
larly in the Western half of the belt,
clearing hi the Atlantlcs.”
* * *
Dallas wires: “Texas and Oklahoma
are generally clear."
* * •
The New' Orleans Times-Demoerat
says: “Spinners’ takings for the week
were larger than expected and August
was befriended. For these reasons, yes
terday's cotton market behaved very
nicely in the presence of rather general
rains, except in West Texas and West
»iklahoma, where cloudy weather was
reported.
“In the past very hot weather in the
'Vest, when not continued too long
without rain, has left no serious im
print on the size of the crop. Rains
are needed in the West now. and the
fact that the forecaster persistently
promises fair w’eather over that section
of the belt keeps some of the talent on
the anxious scat Rut should good rains
come to the West in the near future, the
g cron man w’ould be in position to
exploit Dig crop views in a telling way.
“As a matter of fact. August is now
so far below a spot parity that it seems
well able to take care of itself. Yes
terday notices of intention to deliver
-'60 on August were issued in Nevd
Orleans. This cotton w r as taken up by
July longs, and represents the portion
left after the July lenders were culled.
At the moment, the local talent does
not know whether to expect further
tenders or an attempt to squeeze Aug
ust shorts. It is likely that the August
traders in the main are straddlers, and
that they are not operating with a view’
of handling large lines of the actual
this month."
Following is the statistical position of
cotton on Friday, July 25, as made up
by Tne New York Financial Chronicle:
This I
HILL STOCKS WERE
E
Volume of Business Extremely
Light at Week-End, but High
Levels Were Maintained.
By CHARLES W. STORM.
NEW YORK, July 26.—Trading was
very inactive at the opening of the
stock market to-day. and price changes
were moderately irregular. The Hill
stocks were prominent in the trading.
Great Northern preferred advancing a
point and Northern Pacific rose %. The
same amount of gain was made in Gen
eral Electric. Canadian Pacific and
Amalgamated Copper both opened Ms
low’er.
The volume of trade w’as slmall.
Heaviness and uncertainty ruled in the
London market following snares show
ing an irregular tone.
The curb market was also Irregular.
NEW YORK STOCK MARKET.
Stock quotations and net change
Clos.
STOCKS— High
Amal. Copper. 69*
Low.
68-%
Am. Agricul..
Am. Beet Sug.. 26
American Can.
do, pref. ..
33%
93%
26
32%
93%
Bid. C
69%
46%
25%
33
93%
Net
'h'ge.
Ju
Ag
Sp
Oc
No
De
Ja
Fb
Mr
My
Open.
x;
.?
LOW.
11.62
11.63
i i .30
ii.26
11.29
11.62 11.62!
11.6511.55;
ii.32iii.i7j
ii.28iii.Y4
11.32111.16
11.38
11.38 11.27
t2
0.0
211.62 111.75
511.55-5811.64-66
..111 22-24,11.37-39
-18111.32-33
-1711.30-32
-16 11.30-21
-1711.31-32
-15ill.29-3l
-27 11.40-41
-33 11.45-47
I
Week.
Last
Year.
Vis. supply 2,770,943
American .! 1,443,943
In s’t, w’k ! 65,010
Since S’p 1 13,409.854 13.344.84415,399.364
Last
Week.
2,924,400i 2,659,325
1,587.400' 1,758.325
67,7711 66,065
..11.15-
K 1 » 1 X
.11.13-
rii.26-
. 11.31-
Port stocks
P. receipts.)
Exports . .!
In receipts 1
In. s’p’m’ts'
Int. stocks. 1
164.07S
18.042 1
22,754
13,807 ;
27.401;
158.016!
181.657
20.061 1
28.361:
12,297)
31.225
173,609:
256,508
12,478
14.431
8.565
18.268
110.503
1913.
1912.
New’ Orleans. . .
936
263
Galveston
784
248
Mobile
1
14
Savannah
756
112
Charleston
60
Wilmington. . . .
36
185
Norfolk. . . . . .
261
125
New York. . . .
364
Boston
53
Various
250
Total
2.892
1,281
INTERIOR
MOVEMENT.
1913.
1912.
Houston
210
135
Augusta
52
300
Memphis. . . . .
271
97
Sr. Louis
197
160
Cincinnati
191
213
Total
921
796
SPOT COTTON MARKET.
Atlanta, nominal; middling 12%.
Athens, steady; middling 11%
Macon, steady; middling 1 L%.
New Orleans, quiet; middling 12c.
New York, quiet; mrddllng 1195.
Philadelphia, quiet; middling 12 25.
Boston, quiet; middling 11.95.
Liverpool, easier; mldllng 6 59d.
Savannah, firm; middling 12c.
Augusta, steady; middling 12%.
Norfolk, steady; middling 12%.
Charleston, steady; middling 12 5-16.
Mobile, steady; middling 12c.
Wilmington, quiet; middling 12c.
Little Rock, steady; middling 12c.
Baltimore, nominal; middl g 12%.
Memphis, steady; middling 12%.
St. Louis, quiet; middling 12 5-16.
Houston, quiet; middling 12 3 16.
Louisville, firm; middling 12%.
Charlotte, steady; middling 12c.
Greenville, steady; middling 12c.
PORT RECEIPTS.
The following table shows receipts at
the ports to-day compared with the
same day last year:
THE WEATHER.
Condition*.
WASHINGTON, July 26.—The weath
er will be unsettled with showers to
night and Sunday in the Ohio valley and
the Lake region and by Sunday night
the showers will probably extend Into
the middle Atlantic States Local thun
dershowers will also continue in the
south Atlantic and east Gulf States. In
New England the w’eather will be gen
eraJly fair to-night and Sunday. It will
be warmer to-night in the Ohio valley,
the lower Lake region and the middle
Atlantic States
Forecart.
Georgia—Local showers to-night or
Sunday.
Virginia. North and South Carolina.
Florida. Alabama. Mississippi, Tennes
see and Kentucky—Local showers to
night or Sunday
Louisiana—Showers to-night or Sun
day.
Texas—Fair to-night and Sunday.
$5,000,000 B. AND 0. 4s
ARE ON MARKET AT 89
NTTW YORK. July 2«.—By iwJItn* *5.
000,000 first mortgage 4 per cent bonds
which it has held In Its treasury to
Kuhn, Loeb & Co., and Speyer & Co.,
the Baltimore and Ohio Railroad has
Indulged in some unanticipated flnan
cing. The listed 4s have lately declined
from 92 to 89
Of the entire amount, $3,000,000 has
been bought from the two above firms
by a syndicate of three banking houses
who are now disposing of the securities
at 89.
The present block represents the
road's right under the mortgage to issue
*1,000,000 armuaily for improvements, a
privilege which It has denied itself for
the last five years.
1913
1912
1911
53.000
52.000
41,000
44.000
43,000
35.000
1.900
2.400
1.500
5,100
3.300
2,000
66,000
70.000
46,000
792,000
841.000
562.000
600,000
710.000
399.000
11.000
3.000
7,000
34.000
31.000
25.000
18.000
18.000
10.000
4,519.000
5.014,000
4.244.000
3,576.000
4.250.000
3.336.000
50.000
45.000
38.000
23.000
22.000
6,000
Week’s sales .
I Of which Am.
• For export . .
' For specula. .
Forwarder!.
Total stocks .
Of which Am.
\ct. exports.
Week’s riepta.
Of which Am
Since Sept. 1.
Of which Am.
Stocks afloat.
Of which Am.
NEW YORK PRODUCE.
NEW YORK. July 26 Petroleum
firm; crude Pennsylvania, 2.50.
Turpentine steady, 39@39%.
Rosjn steady; common. 4 40 (bid).
Wool steady; domestic fieece. 23@27;
pulled, scoured ba.sis f 83@54; Texas.
scourfMi basis. 46@53
Hides steady; native steers, 17@19%;
branded steers. 17® 19%.
Coffee steady; options opened at 30, 7
points up: Rio No. 7 spots, 9V2@9%.
Rice steady; domestic, ordinary to
prime, 4@5%
Molasses steady; New Orleans, open
kettle, 35@50
Sugar, raw, quiet; centrifugal. 3.57
(bid); muscovado, 3.07 (bid); molasses
sugar. 2 82 ibid).
Sugar, refined, quiet; fine granulated,
4 60 (bid); cut loaf, 6 40 (bid); crushed.
5 30 (bid); cubes. 4.85 (bid); powdered,
4 70 (bid); diamond A, 4.60 (bid); con
fectioners’ A, 4.45 (bid); softs. No. 1,
4 35® 4 40 (No. 2 Is 5 points lower than
No. 1, and Nos. 3 to 14 are each 6 points
lower than the preceding grade.)
Potatoes easy, white, nearby, 90®2.25;
Southerns, 2.00®2.12.
Beans quiet; marrow, choice, 6 56®
6.60; pea. choice, 3.90® 3.95, red kidney,
choice. 3.75.
Dried fruits firm; apricots, choice to
fancy, 11%®14%; apples, evaporated,
prime to fancy, 8%; prunes, 30s to 60s.
“%®12%; 60s to 100s. 4®7; peaches,
choice to fancy, 6%®7%; seeded raisins,
choice to fancy, 5%@6%.
COTTON SEED OIL.
Cotton seed oH quotations:
Spot
July
August .. .
September
ber . .
November. .
December .
January. .
February .
Closed strong.
Opening. | Closing.
i 9.50ft
’10 00 9 BO?
9 50' 9.60x
9.49 9.48ft
21. 1 8 20ft
6.941 6.92ft
6.711 6 69®
6.70 6.682
« 72 6 6;,? { 6 72
sales, 6,800 barrels.
9 41
44
6 68
NEW YORK BANK STATEMENT.
NEW YORK, July 26. The weekly
statement of the New York Associated
Banka shows the following changes;
Average Statement.
Excess cash reserve, $25,258*800: la-
crease. $5,173,600.
Loans, decrease, $5,692,000
Specie, Increase, $4,407,000
Legal tenders. Increase, $657,000
Net deposits, decrease, $766,000.
Circulation. Increase. $4,000.
Actual Statement.
Loans, decrease, $13,074,000.
Specie, increase, $6,472,000.
I^egal tenders, increase, $815,000.
Net deposits. Increase. $2,178,000.
Reserve. Increase, $7,885,500.
NEW YORK COFFEE MARKET.
Coffee quotations:
January. .
February.
March. .
April. . .
May. . .
June . .
August. .
September
October. .
Noveml at
December.
1 Opening.
9 60®9~7<r
9.05® 9.75
9.75
9.78@9.80
‘ 9 83
9 01® 9 05
! 9.24
9 35® 9 40
9 45(77 9.50
Closing.
3(0)9.55
Closed steady Sales, 22
750
52® 9
.60® 9
67® 9.
.72® 9
.77®. 9.
.78® 9
.03® 9
20® 9
.26® 9
.37 ®j)
.45® 9
bags.
Am. Car Fdy .
44v;
44%
44% + %
Am. Cot. Oil..
37% — %
Am. Ice ....
24 -fl
Am. Locomo..
31%
31 %
32% + %
Am. Smelting. .
63%
63%
Am. Sug Ref..
110
Am. T.-T
127%
127%
127%
Am. Woolen...
16%
Anaconda ....
35 Vi
35 Vi
35% — %
Atchison
98%
98%
98%
4 C L
119 — %
R. and O
98%
98%
98
Beth. Steel....
34%
34
33% — %
B. R T
88%
88%
Can. Pacific..
217%
216%
217% + %
Cen Leather..
24-4
24%
24% + %
C. and O
54
53%
53% — %
Colo. F. and I.
32
31%
31% + %
Consol. Gas ....
132 + %
Corn Products.
10 Vs
10%
10%
D. and H
156
Den. and R. G..
18 —1
Distil. Secur...
13%
13%
Erie
26%
26%
26%
do, pref. ...
41%
41%
41%
Gen. Electric..
140%
140%
140 -f- %
O North, pfd..
126%
125%
125% + %
G. North. Ore..
35 Vi
35
35% + %
Ill. Central....
113% -|- %
Interboro
15%
15%
15%
do, pref. ..
59
59
59 + %
Int. Harv. (old)
106 .;...
Iowa Central...
7
K. C. S.. . .
27%
M., K. and T.
2 2 Vi
22%
32% + %
L. Valley. . .
151
150%
149% — %
L. and N. . .
133%
132%
133 — %
Mo. Pacific. .
32%
32%
33-% -hi
N Y. Central.
98% —1
Northwest... .
129%
129%
128-\ — %
Nat. Lead . .
48 —1
N. and W. . . .
105%
105%
105%
No. Pacific. .
109% 4- %
O. and W. . .
29 — V 4
Penna
113%
113%
113% + %
Pacific Mail. .
20% ....
P. Gas Co. . .
113% %
P. Steel Car. .
24%
24%
24%
Reading. . . .
162
161%
161% + %
R. I. and Steel.
25 Vi
25%
24% + %
do. pfd
81 — %
Rock Island .
• 77%
77%
77% + %
do. pfd
29%
29%
29% + %
S.-Sheffield . .
26 — %
So. Pacific. . .
93 V*
92%
93% + %
So. Railway .
23%
23%
23% + %
do pfd.. . .
78
78
78 — %
St. Paul. . . .
105%
105%
105% + %
Tenn. Copper .
•30 Vi
29%
30 4- %
Texas Pacific.
15% + %
Third Avenue.
36% %
Union Pacific.
149%
149
149% 4- %
U. S. Rubber.
60 4- %
U. R Steel. . .
58%
58%
58% — %
do. pfd.. . .
107 4- %
Utah Copper .
47%
47%
47% 4- %
V.-C. Chem. .
26%
26%
26
Wabash. . . .
2%
do. pfd.. .
6%
W. Union . . .
64%
M%
64% 4- %
W. Maryland .
40
W. Central. . .
46
Atlanta Markets
EGGS—Fresh country, candled. 16®
lfc.
BUTTER—Jersey and creamery. In
1-lb. blocks 27%@30c; fresh country,
f.vir demond i6@18c.
UNDRAWN POULTRY—Drawn, head
and feet on, per pound: riens, 19c,
fries, 22% @24; roosters, 8® 10c; tur
keys. owing to tatresa. 17®l9c.
LIVE POULTRY—Hens. 40@45;
roosters, 30@35c; broilers. 25@30c per
pound; puddle ducks. 30®35c; Peklna,
35®40c; geese, 50@6Oe eacn: turkey^
owing to fatness.
FRUITS AND PRODUCE.
FRUIT AND VEGETABLES—Lem
ons. tancy, $8.00@9.00. cauliflower. 10®
12%c lb.; bananas, lb. caM .tge.
' 1,11 par crate; peanuts, per po ind*
fancy Virginia. 6%®7c; cnoice, 6%®6c;
beets, $1.75®2 00 in half-barrel *rates;
ccumbers, $1.25®1.50 Eggplants 75c
/ 1.00 per crate; peppers, $1.25®1.50 per
crate; tomatoes. fancy, six- basket
crates, $2.00®'2.50; onions. $1.00 per bu.;
sweet potatoes, pumpkin yams. 80® 85c.
•Kra. liincy, six-basket crate*, $1.50(0
1.75.
FISH.
FISH—Bream and perch, 7c pound;
snapper, 10c pound: trout, 10c pound;
bluetish 7c pound; nompano. 20c pound;
mackerel, 7c pound; mixed fish, 5®6c
pound; black bass, 10c pound; mullet,
iil.00 per barrel.
FLOUR AND GRAIN.
FLOUR I’ostell’s Elegant. $7 75;
omega, $7 00; Carter's Best. $6.25; Qual
ity (finest patent). $6 40: Gloria (self-
rising). $6.00; Results (self-rfrsing), $6;
; wans Down (fancy patent), $6 00; Vlc-
• rv (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 pare t),
'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.y5; 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-Ib sacks. $4.00.
CORN—Choice red cob 90c, No. 2
white hone dry 87c, mixed 86c, choice
vellow 85c, cracked corn 85c.
MEAL—Plain 144-pound sacks 83c, 96-
pound sacks 84r. 48-pound sacks 86c, 24-
pound sacks 84e.
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, cans
seed, orange $1.00, rye (Tennessee) $1.25,
red top cane seed $1.35, rye (Georgia)
136, blue seed oats 50c. barley $1.25,
Burt oats 70c
FEEDSTUFFS.
OHTCKEN FEED- Beef scrap. 100-lb.
sacks, $3.25; 50-lb. sacks, $1.65; Purina
pigeon feed. $2 20; Purina baby chick i
feed. $2 00; Purina scratch, 100-lb sks ,
M 85; 50-lh. sacks. $2.00; Purina scratch !
hales, $2.05; Purina chowder, 100-lb. j
sacks, $2 00: Purina chowdar. 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 hags, per bushel, $1.25;
oyster shell, 80c; special scratch, 100-lb
sacks. $1.80. Eggo, $1.85; charcoal. 60-lb
sacks, per 100 pounds. $2.00.
SHORTS - White, 100-lb sacks, 11.75; I
Halliday. white. 100-lb. sacks. $1 70;
Jandy middling, 100-lb sacks. $1.76;
fancy, 75-lb. sacks. $1.76; P. W.. 75-lb. I
sacks, $1.65; brown. 100-lb. sacks, $1.66; ,
Georgia feed, 75-lb. sacVs, $1.55; clover ,
leaf. 75-lb. sacks. $1«60; bran, 75-lb.
sacks. $1.25; 100-lb sacks. $1 25; 50-lb. j
sacks. $1.30; Horneoline, $1.50; Germ j
meal, Horreo. $1.60.
GROUND FFED—Purina feed. 175-lb. j
sacks, $1.70; Purina molasses feed, $1.60; |
Arab horse feed. $1.70: Allneeda feed. ,
$1.65; Suerene dairy feed. $1.50; Mono- |
gram. 10-lb sacks. $1.60; Victory
horse feed, 100-lb. sacks, $160; ABC
feed. $1.55; 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; Fx*ge fancy
light cloved mixed, $1.15: No. 1 smail
hales. $1.10; No. 2 small $1; alfalfa pea
green. $1.10. clover hay $1 20. Timothy
standard, $1.05. Timothy small hales $1,
wheat straw’ 70c, Bermuda hav 90c, No
1 $1.20. wheat straw 70c. Bermuda hay
ttOc.
RULED STRONG
Com 1 1-4 to 1 1-2, Oats 3-4 to
1 1-8c Higher—Slack Business
Puts Wheat on Quiet List.
ST. LOUIS CASH QUOTATIONS.
Wheat—No. 2 red
Corn—No. 2
Oats—No. 2
.84 @85%
65%
37%
CHICAGO, July 26.—Strong and high
er prices for corn with net advances of
1% to 1% for the day prevailed at the
close. Oats were up % to l%c, while
wheat was only % to %c higher.
Hog products showed but little change,
but were fractionally better.
Cash sales of wheat were liberal at
Chicago, with reported sales of 30,000
bushels, but this was a great deal shy
of the actual business. The seaboard
reported a heavy trade in wheat on ex
port account, the total being 1.500,000 to
1,750,000 bushels in all positions. Cash
sales of corn were 110.000 bushels; oats,
130,000 bushels, and vessel room was
chartered for 250.000 bushels wheat.
Grain quotations:
STOCK GOSSIP
United States Steel earnings is ex
pected to he smaller in the second half
of the year than In the first part.
• • *
Twelve industrials declined .29; twen
ty active rails advanced .24.
• • •
Howard Elliot will take office as pres
ident of the New’ Haven September 1.
• * •
The New York Financial Bureau says:
“Information channels favor a trading
position. We would not climb for stocks,
but would buy on moderate setbacks
only for fair profits.'*
• • •
G. D. Potter says: -The reaction
may go a little further, but on any
weakness would Increase holdings in
stocks like Union Pacific, Copper. Read
ing and Steel. I hear that the Missouri
Pacific Is a purchase for the long pull.
Earnings are showing up well and it
now looks as the next management
would make it one of the big properties
of the country.”
• * •
Attorney General McRcynoIds was
quoted recently as saying that the pros
ecution of the New Haven would f»-vor
a settlement of the ca^e outside of court
If the management proved willing to
meet the wishes of the Government. It
has been rumored that one of the mat
ters which could be adjusted amicably
would be the divorce of the trolley and
Melien steamship lines acquired by
Mellen.
• • •
It is axiomatic in Wall street that an
Improvement in the bond market la nec
essary before stocks can boom. How
ever, there is a better feeling in the
bond circles. Houses which make a spe
cialty of this class of securities have
been receiving more Inquiries than they
have for many weeks.
$15
$15
Previous
High. Low.
Close.
Close.
WHEAT—
July....
85%
85%
85%
85%
Sept....
86 1 2
86
86%
86%
Dec
90%
89%
90%
89%
CORN
July....
62%
60%
62
60%
Sept....
63
61%
62%
61%
Dec
60
58%
59%
58 Vi
OATS-
July....
30%
60%
62
60%
Sept....
63
61%
62%
61%
Dec
60
58%
59%
58%
PORK
July....
22.05
22 05
22.05
22.00
Sept....
21 40
21.30
21.42%
21.30
Jan
19.00
LARD-
Juiy....
11.60
11.60
11.67%
11.70
Sept....
1 ! v‘i
11.75
11.80
11.75
Oct
11.86
11.80
11.85
11.80
RIBS—
July....
11.70
11.70
11.70
11.65
Sept....
11 82%
11.77%
11.82%
11.77%
Oct....
11.57%
11.55
11.57%
11.55
CHICAGO CASH QUOTATIONS.
CHICAGO, July 26.—Wheat. No. 2 red,
new. 86%@87; No. 3 red, new, 8S@86%;
No. 2 hard winter, new, 87@87%; old,
88%@89; No. 3 l^ird winter, new, 86%®)
87; old, 87%@88 No. 1 northern spring,
92; No. 2 northern spring, 88%@90; No.
3 spring, 88@90.
Com, No. 2, 63®63%; No. 2 white, 64
@64%; No. 2 yellow, 63®63%; No. 3,
62%®62%; No. 3 white, 63%@64: No. 3
yellow, 62% @63%: No. 4, 61%@62; No. 4
white, 62@62%; No. 4 yellow. 61% @
62%.
Oats, No. 2, new, 39; old, 39%@40;
No. 4 white, 39%@39%; standard, old,
40%@41.
ST. LOUIS CASH GRAIN.
ST. LOUIS. July 26 -No. 2 red. 84®
85%; No. 3 red. 83® 83%; No. 2 hard. 84
@90, No. 3, 83%; corn. No. 2. 65%: No.
4. 64; No. 2 yellow, 65%@66; No. 3? 65%;
No. 2 white, 65%®66%; No. 3. 65.
Oats, No. 2. new, 37%; No. 3, new,
36%; No. 4. new. 36; No. 2 white, new,
37%; standard, new, 39: No. 3 white,
new, 38%; old, 39@39%; No. 4 white, old,
37%.
No. 2 rye, 66%.
CHICAGO CAR LOTS.
Following are receipts for Saturday
and estimated receipts for Monday.
I Saturday.! Mondav
Wheat 1 467 I 619
Corn 159 > 72
Oats 146 i 98
Hogs 1 8,000 ! 43,000
PRIMARY MOVEMENT.
WHEAT
Receipts . .
Shipments .
1.815.000* 1,564,000
703.000 614,000
CORN—
Grain Notes
Receipts ......
533.000 !
Shipments
365,000 i
Bartlett, Frazier & Co says:
“Wheat- The continued favorable re
ports from the Northwest are causing
a great deal of local short selling and
curtailing n*w buying
“Corn The market has been heavily
sold during the past three days by local
interests, causing a great deal of liquida
tion. We think the market has had
break enough
"Oats -As in wheat, there has been
both heavy short selling and general
liquidation.
“Provisions- The buying on the break
yesterday was of a good character and
largely by packers "
• ♦ *
Chicago, clear. 65; Minneapolis, cloudy,
67; Terre Haute, cloudy, 74; Peoria,
clear, 80, no rain; Springfield, clear. 72;
Omaha, clear. 75; Kansas City, clear, 70,
heavy rain yesterday; St Louis, cloudy,
86. Rainfall at New Ulm, .10; Roches
ter. .15; Worthington. 20; Huron, 20;
Pierre. 42; Ron Falls, 10; Canadian
Northwest, partly cloudy, 42 to 65; Regi
na. 25. Battleford, 08; Northwest, part
ly cloudy. 56 to 68; w#»st, clear. 60 to 74;
southwest, partly cloudy. 78; Kansas
City, 70; Amarillo, 52; Oklahoma City,
.05; Abilene, .05; Fort Worth, 1.26; Ohio
Valley. b4 to .74
• • •
Mr. Westbrook, just returned from a
trip through Nebraska, says corn in
South Platte territory is badly hurt.
North Platte, east of Grand Island. In
good shape, but needs good rain. North
west of Grand Isiand. corn hurt; will
probably make a half crop.
Minneapolis wires: “Crowd here bull
ing wheat on some black rust samples
here from Klrkhaven, Minn.”
• • •
Finley Barren has reports from cor
respondent who motored 200 miles in In
diana and Ohio, and estimates that the
two States wiil product about 45 per
cent of last year’s yield.
• • •
I*ecount wires from Lekota. Ind.:
"From Grand Forks to I^ekota, crop be
low average Think wheat will make a
half crop and expected to be of good
quality Crop needs two more weeks
favorable weather to mature.’’
• * •
B. W Snow wires from Grand Fortes,
N Dak., July 26: “Weather conditions
since July 1 have been uniformly fa
vorable for all parts of North Dakota,
and the wheat crop will show up mate
rially larger than indicated by the last
Government report. The total should
reach 100.000 000 bushels at Jeast. Har
vest will begin next week and quality
will be unusually good.'*
• • •
Peoria, m.. wires. “Complaints be
coming more general through this sec
tion as to corn going hack on account
of drouth.’’
356,000
300,000
LIVE STOCK MARKET.
CHICAGO. July 26 — Hogs—Receipts
8,000. Market steady to strong; mixed
and butchers, 8 70@9.45: good heavy,
8.90@9.30; rough heavy. 8.50® 8 85; light,
9.10@9.50; pigs. 8 15@9 30; bulk. 9 00®
9.30.
Cattle—Receipts. 200 Market steady;
beeves, 7.35® 9.16; cows and heifers. 3.25
®8 40; stockers and feeders. 6 25@7.90;
Texans, 6.75@8.1B; calves, 9.25@10.90.
Sheep—Receipts. 3,000 Market strong;
native and Western, 3.25@5.40; iambs,
5 50® 8 26
ST LOUIS. MO.. July ?6._Cattle re
ceipts 450. including 150 Southern:
market steady. Native beef steers. 5.50
®8.75; cows and heifers. 4 75@8 40;
stockers and feeders, 5 25@7.50; calves,
6 00® 6 50.
Hogs—Receipts, 2,200; mixed, 9.20@>
9 40; good, 9.30; rough. 8 50®8.75; light,
9.25@9.40; pigs. 7.25@9.15; bulk. 9.20®
9.30.
Sheep—Receipts, 250; market steady;
muttons, 3 26@3 75; yearlings. 4.75.
LIVERPOOL GRAIN MARKET.
LIVERPOOL, July 26.—Wheat closed
% to Id lower.
Corn closed % to %d higher.
Mortgage Money
I want a few more
choice Real Estate
Loans—$1 f 0 00
to $5,000. Sub
urban Properties
and Farms consid
ered, if well im
proved.
Wm. Hurd Hillyer
Trust Co. of Ga. Bldg.
MINING STOCKS.
BOSTON July 26.—Opening: Fruit,
164; East Butty, 13, New Haven, 102;
Granby, 61. L
ROUND TRIP
To
CINCINNATI, OHIO.
Tickets on sale July 26,
27 and 28. Limited August
15, with nrhilege of exten-
i sion until August 20.
TWO DAILY THROUGH
TRAINS.
SOUTHERN RAILWAY.
LOWRY NATIONAL BANK
Capital $1,000,000
Surplus $1,000,000
Sayings Department Safe Deposit Bone?
SB COUPON!
UNIS HID ST
INPONIK
Contest Manager Gives Tip to
Hustling Boys and Girls.
Just Five More Days.
“Concentrate on the Sunday Ameri
can,” is the advice the contest man
ager gives the boys and girls who are
striving for the Georgian and Ameri
can ponies.
“The boys and girls should do this
for the simple reason that, for the
same amount of money, Sunday sub
scriptions count much faster in the
vote totals—up to Tuesday night.
‘T would suggest that the contest-
a ts talk Sunday paper to their
-/rlends and the other 'prospects* they
approach. If a determined effort suc
ceeds In landing such a subscription,
then they should try to get a daily
subscription added to the Sunday. If
the Sunday paper appeal seems L)
make no Impression, turn to the daily
paper.
* “My advice Is disinterested, for we
are as glad to get subscriptions to
the Georgian as to the Sunday Ameri
can. But just now, a year’s subscrip
tion to the Sunday paper costs but
$2, and counts 2.000 votes for the
contestant. There's no other way to
get 2.000 votes for $2, and. with five
working days only remaining in the
contest, every vote tells.”
The contest manager intended to
run the vote standings every day up
to the close of the contest, but it was
found impossible to keep ur> with the
task, so many are the “Red Letter
Ballots" pouring in.
The standings, as far as corrected,
however, will be published Sunday.
Mrs. Starnes to Sing
At Husband's Final
Concert in Atlanta
Mrs. Lillian Belle Starnes, wife of
Dr. Percy J. Starnes, will assist the
city organist at the free concert Sun
day afternoon at the Auditorium.
Mrs. Starnes possesses a coloratura
soprano* voice of wide range and re
markable purity. She is already
known for her splendid concert work.
Among the selections she will sing
Sunday afternoon will be the famous
aria Ah fors’e lul from “Traviata." She
w’ill also sing the "Queen of Night”
aria from "The Magic Flute."
This Sunday afternoon’s concert
will be Dr. Sarnes’ farewell to At
lanta. as his engagement terminates
this fall.
THE PLAY
THIS WEEK
At the Bijou.
Capacity audiences doubtless will wit
ness the remaining performances of
“Good Morning, Judge,” Saturday aft
ernoon and night at the Bijou. The at
traction has pleased Atlanta theater
goers. The announced attraction for
next week will he Norman Frieden-
w’ald's up-to-date musical show, "The
Girl From Dublin." presented by a
strong company of principals and a
chorus of unusual appearance, delight-
fully costumed. There will be the usual
dally matinees and night performances
at 7:30 and 9 o’clock.
“Les Mlserables.”
There will be matinee and night ex
hibitions of Victor Hugo’s "Les Mis-
erables" at the Grand to-day, conclud
ing the engagement of the wonderful
picture.
There has never been a more inter
esting photoplay seen here, and the fact
that the attendance during the last half
of the week has been four times as
great as the opening, is evidence of
the fact that the exhibition has won ap
proval .
For next w r eek the Wells people have
another treat in a six-reel exhibition
of the Carnegie Museum Alaska-Sibe-
ria hunt pictures.
Blq Forsyth Week.
With matinee and night performances
Saturday, one of the big weeks of the
Forsyth will have been recorded Head-
^ed by John Conroy and his diving girls
r the show has proven to be one of the
most inviting of the season.
Commencing with matinee on Monday
aflid continuing all the week another ex
cellent bill will be the attraction. The
headline features will be the contribu
tion of Joe Welch, the best of all char
acter comedians. Robert L. Dailey, as
sisted by a selected company, will pre
sent “Our Bob.” and the Dolan and Len-
barr company in a burlenue mind-read-
•jnfi stunt, pretty Elsa Ward, the Call-
; fornia songbird; Cunningham and Mar
ion. the talkfest gymnasts, and other
features make up the program.
Hester's Weekly
Cotton Statistics
Charles Walker, 290 Ashby St.
with attractive homes. David Wood
ward owns a large lot on the thor
oughfare and will soon erect a $40,000
home, according to report.
Details of Exhibit Lease.
Details of the lease on the four top
stories of the Chamber of Commerce
Building, at North Pryor street and
Auburn avenue, by the Merchants
and Manufacturers’ Association for a
permanent exhibit of Atlanta-made
goods were announced Saturday.
The total number of square feet ; n
the four floors, 20,000, has been di
vided into units known as “spaces” 10
feet square, or 100 square feet, and
the price per month is $8 per “space,"
or $1,600. The yearly rental will, ac
cordingly, be $19,200. Some of the
manufacturers will take one space
and some several, and charts are be
ing drawn to show the exact allot
ment.
Floor exhibits will be arranged with
regard to their relation to each other
—that is, the allied products, like ma
chinery and wagons, will be on one
floor, and various edibles«on another
Elevators will be installed to serve
the horde of visiting buyers and to
haul the exhibits up and down.
The advantagp to the local mer
chants and manufacturers, as one of
the committee pointed out. will be.
that the Chamber of Commerce
Building will be a market place or
clearing house for all prospective
buyers of goods. Heretofore there
has been no central location where
people might go to see what is made
in Atlanta.
Old Buildings Destroyed.
Under direction of Building In
spector Ed R. Hays, through his as
sistant, C. J. Bowen, the old build
ings at the northeast corner of
Whitehall street and Trinity avenue
are being torn down. These were
condemned some weeks ago following
the collapse of underpinning. The
structure on the corner is the proper
ty of James Anderson, of Marietta,
and the inside structure belongs to
Mrs. B. D. Langford, of Gainesville.
Mrs. Langford has plans for a sub
stantial structure, but is waiting for
the Whitehall grade question to be
settled before proceeding.
Deeds on Record.
A warranty deed has gone to rec-»
ord conveying from I. P. Bradley, of
Newnan. to Byron Souders Nos. 19
and 21 Garnett street, 107 feet east
of Madison avenue, for $37,500. this
property and some Coweta Count>
acreage having figured recently in the
transfer of the Byron Apartments on
West Peachtree from Mr, Souders to
Mr. Bradley for $150,000. The lot
55 by 191 feet.
Another interesting warranty deed
reveals the conveyance of a Peachtree
place property. 250 feet west of West
Peachtree, from Mrs. Kendall Weisl-
ger and Mrs. Fannie L. Morgan to
Miss Laura L. Armstrong for $8,000.
Th edimensions are 50 by 150 feet.
Still another deed tells of the sale
of No. 532 Ponce DeLeon avenue, 233
feet west of Bona venture. 55 by 231
feet, for $7,800. from the Citizens
Bank of Barnesville to R. C. Taylor.
Announcement has already been
made of the sale of No. 79 West Fif
teenth street, 50 by 172 feet, to Mrs.
Birdie V. Gorman from S. W. Sulli
van for $11,500. This warranty deed
also went to record Friday.
Stories for Witt Building.
Carl Witt will soon add two more
stories to the back of his handsome
automobile building at the northeast
corner of Peachtree and Harris
streets. He filed an application Sat
urday for a building permit, the work
to cost $3,000. Day work will be used.
Building Permits.
$2,000—J. T. Jones, No. 69 Josephine
street, one-story frame dwelling. L
B. Eason & Son.
$3,500—Mrs. Alice E. Thomas, No.
112 Linwood avenue, same. Day
work.
$1.400—E. B. Durham, No. 95 Clif
ton street, same. J. E. Oxford.
$1,250—J. C. Harvil, No. 202 Jones
avenue, same. Day work.
$1,000—Julia Wilkins. No. 497
Courtland street, alterations and ad
ditions. Day work.
$50—G. M. Matthews, rear of No.
116 Courtland street, one-story frame
dwelling. Day work.
$3,000—Carl Witt. Nos. 14-16 £ast
H&rris street, add two stories. Day
work.
$375—Goodyear Raincoat Compa
ny, No. 35 Peachtree, alterations. Alf
S. Stallings.
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 56, an
increase over the same days year before
last of 16,000, and a decrease under the
same time in 1910 of 36,000.
For the 25 days of July the totals
show an increase over last year of 9,000,
an increase over the same period year
before last of 58,000 and a decrease
under the same time in 1910 of 3,000.
For the 328 days of the season that
have elapsed the aggregate is behind
the 328 days of last year 2,181,000, ahead
of the saane days year before last 1,940,-
000, and ahead of 1910 by 3,212,000.
The amount brought into sight during
the past week has been 30,184 bales,
against 30,428 for the seven days ending
this date last year, 14.638 year before
last and 66, i05 same time in 1910; and,
for the 25 d£ys of July it has been 110,-
282, against 101,757 last year, 52,291 year
before last and 139,917 same time in
1910.
The movement since September 1
shows receipts at all United States
ports 9,772.107. against 11,924,453 last
year, 542,618 year before last and 7,305,-
736 same time in 1910. Overland across
the Mississippi, Ohio and Potomac rivers
to Northern mills and Canada 978,362,
against 1,258,779 last year, 932,458 year
before last, and 822,254 same time in
1910; interior stock in excess of those
held at the close ot' the commercial
year 56,180, against 19,221 last year, 25,-
t>45 year before last and minus 5,745
same time in 1910; Southern mill takings
2.687,000. against 2,472.429 last year, 2.-
198,348 yar before last and 2,159,716
same time in 1910.
These make the total movement for
the 328 days of the season from Sep
tember 1 to date 13,493,649, against 15,-
674,882 last year, 11.699.569 year before
last and 10,281,961 same time in 1910.
Foreign exports for the week have
been 22,522, against 9,808 last year, mak
ing the total thus far for the season
8,425,179, against 10,334,673 last year, a
decrease of 1,909,494.
Northern mill takings and Canada
during the past seven days show a de
crease of 6.496, as compared with the
corresponding period last year, and
their total takings since September 1
have decreased 387,919. The total tak
ings of American mills, North, South
and Canada, thus far for the season
have been 5.126.286. against 5.286,522
last year These include 2.358,712 by
Northern spinners, against 2,746.631.
Stocks at the seaboard and the 29
leading Southern interior centers have
decreased during the week 35,110 bales,
against a decrease during the cor
responding period last season of 25,200
and are now 47,932 smaller than at this
date in 1912.
Including stocks left over at ports
and interior towns from the last crop
and the number of bales brought into
sight thus far from the new crop, the
supply to date is 13.858.362. against 18,-
961,856 for the same period last year.
The statements of the weekly move
ment will now he discontinued for the
remainder of the season.
World’s Visible Supply.
Secretary Hester’s statement of the
world’s visible supply of cotton shows a
decrease for the week just closed of
171.036. against a decrease of 180,543 last
year and a decrease of 111,798 year be
fore last.
The total visible is 2,750.351. against
2,921,387 last week, 2,648,244 last year
and 1.846,970 year before last. Of this
the total of American cotton is 1.426,351,
against 1,582,387 last w’eek, 1,741.244 last
year and 914.970 year before last, and
of all other kinds, including Egypt, Bra
zil, India, etc., 1.324,000, against 1,339,-
000 last week, 907.000 last year and 932,-
000 year before last.
The total world’s visible supply of
cotton, as above, shows a decrease com
pared with last week of 171,036, an in
crease compared with last year of 102.-
107, and an increase compared with year
before last of 903,381.
Of the world's visible supply of cot
ton, as above, is now afloat and held in
Great Britain and continental Europe
1,547.000, against 1,676,000 last year and
1.047.000 year before last; in Egypt 97,-
000. against 64.000 last year and 76.000
year before last; in India 800.000. against
556,000 last year and 498,000 year before
last, and in the United States 306,000.
against 353.000 last year and 226.000 year
before last
World’s Spinners’ Takings.
Secretary Hester gives the taking of
American cotton by spinners through
out the world as follows in round num
bers:
This week *182.000 this year, against
174.000 last year, 103,000 year before last.
Total since September 1. this year,
•*13,419.000. against 14,725,000 last year,
and 11,561.000 the year before.
Of this Northern spinners and Can
ada took 2.859.000 bales this year,
against 2.747.000 last year, and 2.069,000
the year before; Southern spinners 2,-
767.000, against 2.520.000 last year, and
2,244.000 the year before: and foreign
spinners, 8,293,000, against 9.458.000 last
year, and 7,248,000 the year before
•Including correction account 4,000 de
duction Galveston stock.
••Exclusive Galveston correction.
BIG CROPS IN RUSSIA.
WASHINGTON. July 26.—-A cable
gram received by the Department of
Agriculture to-day from the Interna
tional Institute of Agrlcultrue at Rome
gives the following estimate of crops In
European Russia:
Spring wheat. 511,101.000 bushels; all
barley, 630,297,000 bushels, and all oats,
1 029,000 bushels. This represents an
average Increase on this total crop of
16.2 per cent.
OFFICE GOES BEGGING.
COLUMBUS.—There is a dearth of
candidates for the office of meat and
milk inspector for Columbus. The
inspector who took charge of the of-
ftice when it was first created has
given It up because Council refused
to give him more pay.
Mildred Brickman, 48 Kirkwood
road.
If You Found Your
Car Going in the
Wrong Direction,
Would You Hesi
tate to Change
Cars?
Well, then, if your
tiresome tramping
through the streets has
failed to find just the
house, room or apart
ment you have been
looking for, why not
change tactics and get
quick action by reading
GEORGIAN WANT
ADS.
Wesley Ave. Acreage
Bought by F.C.Owens
A. Ten Eyck Brown Is Seller—Four
Exhibit Floors $19,200 a Year.
Building for Whitehall.
Acreage transactions In the Pace's
Ferry road and Wesley avenue sec
tion continue active. Announcement
Saturday that seven acres halfway
between the homes of Clark Howell
and General Clifford L. Anderson had
been sold caused no great amount >f
surprise in realty circles.
Frank C. Owens has bought from
A. Ten Eyck Brown, the well-known
architect, a 385 by 780 foot lot on
the north side of Wesley avenue, six
blocks west of Peachtree, for a price
said to have been approximately
$5,000 cash, or at the rate of $714 an
acre. The purchase was for specu
lation, and J. H. Ewing, of the Smith
& Ewing Real Estate Agency, han
dled the deal.
Wesley avenue is fast building up
Youngsters After
Shetland Outfits
COTTON GOSSIP