Atlanta Georgian. (Atlanta, Ga.) 1912-1939, July 29, 1913, Image 12

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12 THE GEORGIAN’S NEWS BKLEFS. Markets Continued Grain Markets CHICAGO. July 29.—The wheat market ruled firm and higher to-day, due almost entirely to the strength in coarse grains which caused consider able covering. General run of news was bearish. Prices at the high were up 1 1-8 to 1-4 on July, and 1 1-8 on other months. The close shows net gain of 1-2 to 5-8 on July and Sep tember and 5-8 on December. There was no notable improvement in the milling or export demand, ad vance tending to check business. A very dry map, with high temper atures, with no relief in sight for good portion of the belt, was the all-impor tant factor in corn to-day, resulting in a {*harp bulge on general covering by shorts, both big and little. Prices at the high were up 2 1-2 on July, 2 1-4 on September and nearly 3 cents on December. The close showed net gains of 2 1-2 on July and Decembel and 1 3-4 up on September. Oats were strong with corn, shorts being the best buyers, with selling largely in the way of realizing on resting orders. Prices at the high were up 1 cent on July, 1 1-4 on Sep tember and 1 3-8 on December. The close shows net gain of 3-4 on July and about 1 cent on September and December. Provisions showed small net ~ains. Previous High. Low. Close. Close. WHEAT— 85% July. . . 86 H 85% 85% SepL . . 87% 85% 86% 86 Dec.. . . 90% 89% 90% 89% CORN July. . r 65% 63% 65% 62% Sept. . . 65% 63% 65% 63% Dec.. . . 63 60% 62% 60% DATS July. . . 40% 39% 40% 39% Sept. . . 41% . 43% 40% 41% 40% Dec.. . 42% 43% 42% PORK — July . .22.33% 22.17% 22.70 22.15 Sept. . .21.42% 21 30 21.30 21.35 IsARD— July . .11.72% .11.82% 11.70 11.72% 11.70 Sept. . 11.77% 11.77% 11.77% Oct. . .11.90 11.85 11.85 11.85 RIBS— July . ’ll.75 M.72% 11.72% 11.70 Sept. . .11 85 11.82% 11.80 11.80 Oct. . .1102% LI.45 11.55 11.55 CHICAGO CASH QUOTATIONS. CHICAGO. July 29.—Wheat, No. 2 red, new, 86@87%; No. 3 red, new, 85@ 86>4; No. 2 hard winter, new. 86%@87%; No. 3 hard winter, new, 85@86%; No. 1 northern spring, 91@92%; No. 2 north ern spring, 90@91; No. 3 spring, 89@90. Corn, No. 2, 64% @65%; No. 2 white, 66%@67; No. 2 yellow, 65%; No. 3, 64V4 @65%; No. 3 white, 66@66%; No. 3 yel low, 64%@65%; No. 4, 63%@54%; No. 4 white, 64%@65; No. 4 yellow, 64@65. Oats, No. 2, 40; No. 3, new, 40; old, 40041%; No. 4 white, 39%@40%; stand ard, new, 41%; old, 41%. ST. LOU ISH CASH GRAIN. ST. LOUIS. July 29.—No. 2 red wheat 84086; No. 3 red, 83%@85; No. 4 red, 820 82%; No. 2 hard, 90%; No. 3 hard, 84@87%. Corn, No 2, 67%; No. 2, 66@67; No. 4. 65; No. 2 yellow. 67%@68; No. 3, 67; No. 2 white, 68069; No. 3 white, 67 @67%. Oats, No. 2 new 38@38%; No. 3 new, 37%@38; No. 2 white 41%; No. 3 white, 39%@41; No 4 white. 38%@39; stand ard, 40%@41; No. 2 red, 66%@69. PRIMARY MOVEMENT. WHEAT— 1913. 1912. Receipts Shipments 1,853.000 1,041,000 1,333,000 1,087,000 CORN— | \ Receipts Shipments 421.000 270,000 313,000 321,000 CHICAGO CAR LOTS. Following are receipts for Tuesday and estimated receipts for Wedensday: 1 Tuesday. Wed’day. Wheat 1,042 819 Corn 139 57 Oats ...... 217 149 Hogs 15,000 26,000 LIVERPOOL GRAIN MARKET. LIVERPOOL, July 29.—Wheat opened %d lower; at 1:30 p. m. the market was V4 @%d lower; closed unchanged to %d lower. Corn opened unchanged; at 1:30 p m. the market was unchanged to %d high er; closed %d higher. LAMBS AGAIN CHEAPER. CHICAGO, July 29.—Packers again lowered the lamb market, owing to an excessive supply of Western stock, mainly from Idaho and Washington. Sheep were scarce and steady, light hogs were few and held yesterday’s prices, $9.50 being paid, but the heavy packer delegation, selling below $9, was conspicuous and weak to 5c lower. Cat tle trade was of small volume and steady as to prices. Waterholes in Southwest ern pastures have been filled, relieving the necessity of Liquidation, and both Kansas City and SL Louis receipts were light, helping trade in native cat tle. Grain Notes The Chicago Inter Ocean says: "The situation in wheat as viewed by most traders is regarded as discouraging to holders, the movement being large, and the speculative and export demand yesterday being light. Com specialists say that the next three weeks will tell the story of the crop. It is the gen eral belief that the brilliant prospects of thirty days ago have disappeared. A large part of the crop is at the critical stage, and it depends extirely upon the weather, as to how the crop will come through.” Bartlett, rrazier Co. says: “Wheat— Weather in the Northwest generally clear with seasonable temperatures. The tone of the market is heavy and looks lower. "Corn—The map shows no rain in the com belt and very high temperatures prevailed yesterday in all territories west of the river. As long as present weather conditions prevail higher prices seem inevitable. “Oats—We believe the market will gradually work higher. “Provisions—foreigners buyers of lard. The continued strength in corn adds to the general firmness.” Omaha reports no rain in Nebraska. Generally clear over the State. Winni peg clear, 60: Duluth clear, 40; Glen- wood clear; Bismarck clear, 70; Kansas City says com and wheat bulletin shows no rain. * • • Provisional Department of Agriculture of Manitoba estimates wheat crop of 65,000,000 bushels, against 58,000,000 last year. • • * B. W. Snow says: “My returns to date, covering almost one-half of the com producing counties, are showing some sensational losses in com prospect. Kansas returns as far as tabulated and covering nearly half of the State, show a drop approaching 50 per cent since July 1, and working lower as later re ports come in. Nebraska is off nearly 20 points and Oklahoma 40 points; Mis souri to date shows 10 points off, and both Illinois and Indiana have lost ground. Arkansas, Tennessee and Ken tucky are also showing heavy losses. If the latter reports prove in line with those already received, the general av erage condition will fall several points under 80, and the official indication on August 1 may not be for a crop over 2,- 700,000 bushels.” * • • B. W. Snow has the following from Edgar County, Ill.: ‘‘From April 10, we had nine weeks of dry weather, which ruined oats and hay, then we had some rain, which gave corn a fair start, but for the last five weeks we had hot weather and no rain. Unless we get rain - in # a few days corn will be the worst failure we have had in the 60 years that I have been in this country.” * • * The Weekly Iowa Weather and Crop Report says: ‘‘In some localities in the southeastern counties, where there has been only .05 inch rain during the last 30 days, corn is firing and is at a stand still. Pastures are brown.” • * • Selling in corn to-day was very scat tered and sellers really scarce. That’s why the market went up so easy, as no body dares to take the short side. STOCK GOSSIP T. D. Potter says: ‘‘The market has every appearance of going higher and stocks like Union Pacific, Reading, Steel and Copper should be bought on every recession. “I believe another effort to secure higher freight rates will be successful. Steel earnings for quarter published to day will probably show $38,250,000. This will be bullish and should have a stimu lating effect on prices.” 009 The New York Financial Bureau says: “Speculative sentiment is better In the foreign markets. Information channels favor purchase of Standard stocks on reactions for turns. We would not climb for stocks, but would buy conservatively on fair reactions for moderate profits.” * * * St. Louis Clearing House Associa tion urges the government to retire $25,000,000 to $50,000,000 2 per cent bonds at par. • * * The currency bill will be reported to the House caucus August 11. O. G. Dawes, president of the Central Trust Company of Chicago, says the reforms proposed by currency bill will bring national calamity. • * * Consolidated Gas directors plan to de clare regular dividend at Thursday’s meeting. • • • The reactionary tendency of the stock market is due to some reports of dam age in sectiilhs of France to the corn crop. We are likely to have reports of this character at this season, but dam age is usually exaggerated. We have not changed our opinion of stock mar ket and believe the upward trend will continue.—T. D Potter. Secretary of Treasury McAdoo charges depreciation of Federal 2 per cent bonds to New York bank’s efforts to discredit the proposed currency bill. * * * The American Woolen Company re duced fabric prices from 10 per cent to 12% per cent. WEEKLY WEATHER REPORT. LIVE STOCK MARKET. CHICAGO, July 29.—Hogs—Receipts 15,000. Market steady to weak; mixed and butchers, 8.6008.94; good heavy, 8.8009.20; rough heavy. 8.45@8.80; light, 9 10@9.50; pigs. 8.0509.15; bulk, 8.75@ 9.10. Cattle—Receipts 3,500. Market weak. Beeves, 7.40 0 9.10; cows and heifers. 3.25 @8.40; stockers and feeders, 6.25@8.15; calves, 9.25010.50. Sheep—ReceipLs 30,000. Market 10c lower. Native and Western. 3.2505.15; lambs. 6.4008.00. ST. LOUIS. MO., July 29.—Cattle re ceipts 7,000, including 1,900 Southerns; market steady; native beef steers, 5.50@ 8.75; cows and heifers, 4.75@S.40; stock ers and feeders. 5.25 0 7.60; calves. 6.00@ 10.50; Texas steers, 6.25@7.75; cows and heifers. 4.25@6.50; calves. 5.0006.50. Hog receipts. 7,500; market steady; mixed, 9.15@9 40; good, 9.20 0 9.30, rough. 8.50@4L75, lights, 9.2509.40; buU^ 7.264*9-2*. Sheep receipts, 13,000; muttons, 3 25@ .2S; yearlings, 4.7506.00; lambs, 6.25@ X0l WASHINGTON. July 29.—Mean tem peratures ranged from 1 to 3 degrees below normal, except in the Central and Southern portions of Texas, and middle and East Tennessee, where there was an excess ranging from 1 to 3 degrees. Weekly mean temperatures rangd from 72 to 84 degrees over the Eastern, from 78 to 82 over the Central, and from 82 to 86 over the Western portion of the cotton region. The lowest weekly mean temperature, 72 degrees, occurred at Asheville, N. C., and the highest, 86, occurred at San Antonio and Tayor, Texas. Precipitation occurred generally over the cotton region, except that there was none in parts of Central and Southern Texas and at a few stations in North western Oklahoma. More than 2 inches of rain fell during the week over the greater portion of the East Gulf and South Atlantic States, in Southern Louisiana, at a few stations in Arkan sas, North Central Texas and South Central Oklahoma. The greatest weekly amount, 6.20 inches, occurred at Donaldsonville La., and there was more than 4 inches In a few other widely scattered localities*. Helping Our Neighbor A Sermon By REV. W. H. FAUST, Lexington, Ga. Text: ‘‘A certain man was going down from Jerusalem to Jericho; and he fell among robbers, which both stripped him and beat him, and de parted, leaving him half dead.”—Luke x: 30. The story of the man going down from Jerusalem to Jericho and falling among thieves, and losing all his pos sessions, and being robbed and wounded, and the priest and Levite passing by and refusing to render him aid, and the Samaritan coming up and washing off the blood, and pouring in the oil, and putting him on his own beast and carrying him to the inn and providing so richly and gra ciously for all his needs, has always thrilled me and made me love the Samaritan, who believed more in or- thropraxy than in orthodoxy, who followed right inclinations despite the fact that they crossed his opiniohs, who stood for right and principle against custom and tradition. Jesus graphically and powerfully drives home the idea of who is our neighbor by the short and simple story of these three men and their dealing with the wounded and robbed citizen. The treatment accorded vy priest and Levite makes us shudder and wonder to what depths human nature can decend. The incident of the Samaritan’s love and care and thoughtfulness restores our confi dence in nature and causes the throb of optimism again to pulse through our hearts. Who Is Our Neighbor? A question that the world has made big, ang yet one which Christ makes wonderfully simple. We have for all these past years thought that our neighbor was the man who lived next door to us, and who belonged to our government, and thought and acted in accord with the ideas to which we ourselves subscribed—flesh of our flesh, blood of our blood, color of our color and religion of our religion. Human nature down through the cen turies has made ability the test of neighborliness, and Christ make3 need the test. Whoever is in need and receives assistance, whoever is found giving aid to the distressed and helpless, such ones are neighbors, and upon such Christ sets the seal of His divine approval. Yonder in distant China with its millions who know’ not the Savior is to be found our neighbors. Among the yellow men of the East who need most the Savior there are they. In the jungles of Africa where the roar of the lion is heard and where the black race lifts up helpless faces to the skies for assistance there is to be seen our neighbors. On the coral strands of India, in the clutches of heathenish customs are to be found our neighbors; yea, even in America, with all its civilization, Christianity and enlightenment, they are found who need our aid, encouragement, sympathies, love, service. To all the world we owe a debt, not merely to a portion of it. Asia gave us our religion and 'sent us the word of life, and brought us the gospel that has meant so much to us in our po litical as well as religious develop ment. To boast of our honesty and the fact that w’e believe that we ought not to owe any man anything save to love one another is folly and error so long as we are not willing to do for the East what the East has done for us. We shall always be debtor to Asia until through our instrumentality the people of China and Western Asia are as thoroughly evangel ;ed as are we, and until there are as many followers of Jesus in Asia as there are in America. And our debt will not stop then, the interest will still be accru ing. Home First. Our Lord in establishing the work ing plans of His followers command ed them to begin in Jerusalem, and in this was manifest His divine wis dom. It is but natural to suppose that a person will wield the greatest in fluence and be able to do the great est good and perform the most effi cient service right where he lives. Despite this fact, to-day thousands of so-called Christians cling to the old idea that only a certain class of people are their neighbors. For in stance, the cities are full of people w f ho hold their membership back in the old country church where they joined in early boyhood and girlhood. True it is that fond and tender mem- 1 ories cling about those rural church es. Their influence and service can never be appreciated properly, but where a man’s home is and among those people with whom he associates daily is the exact spot where he can do the most good, and so m the town, in the ward, in the block, in the church where you live and work is the place for your membership and there you can best serve the Master by uniting with those about you, your neighbors, to fight sin and wrong and evil. Police the PeHcho Road. None of us would dare say that the good Samaritan didn't do his best, when he tended to the wounded man as he did. All of us, if we would think, would say that the Jew didn’t have the proper love for each other or they would have by proper means attempted to make the road safe. It is useless for us to get down on our knees and pray Almighty God to keep our boys pure and sober while we go to the polls and license saloons and permit the scarlet women to flaunt their shame in their faces every time they pass along the street. Our limitation is God’s opportunity, when we have done our best and our all and failed, then we may expect God to come in and take our future and by His divine power turn it into success. Too long has the church believed that Christ meant salt as an anti septic instead of an aseptic. When the farmers kill their meat they put salt on it while it is fresh and do not wait until it becomes tainted and putrifaction sets in. In our church life we seem to be imbued with the general idea that we must let sin do all of its deadly work before we begin. Wait until other forces have had free sway before we let Chris tianity have a showing. If we are the salt of the earth, then by all means we should apply it to the sin of the world about us or else how can it be of any value to the people? It is fine to have an ambulance at the foot of the precipice, with stretchers and men and medicines and surgeons and nurses and care for ones who fall over the precipice that have not been properly warned, but it is much better to go and build a fence or place a rail around the preeipice to keep people from falling over. The church isn’t intended to be a hospital for the sick and wounded victims of sin, but rather a home in which chil dren of Christ may be trained and developed into strong citizens of the Kingdom. The Missing Situation. Slow were we to catch the spirit of the Master as He agonized over the lost of earth. Slow are we to see that every needy man is our neigh bor, we looked upon Africa and China and their people as foreigners, and so God has permitted us to build up great railway and steamship lines and opened up commerce and re ligious interests and brought the in habitants of the Old World to us until to-day there are in New York more Italians than there is in Rome, more Jews than there is in Jerusa lem, and when we proved remiss in our duties to those faw away G *d lovingly gave us another chance and brought them to our own doors and literally made them in out own cities our neighbors, and to-day we are re sponsible for these sin bruised im migrants white, black, yellow, reJ, who come to our shores. It is our duty to bind up their wounds and pour on the oil of the Gospel and pay out of our bank accounts for their care and in the spirit of the Christ let them know that they are our neighbors and that we love them and want them to subsist of the king dom of our Savior, heirs of God and spirit heirs with us to all the glories of the better world, with united hand and hearts Christians of Amer ica must with sympathy, love, service time, talents, money, sacrifice and consecration meet the lost of earth at home, abroad, everywhere and with words of cheer ahd sympathetic handclasps seek to lead them to tlss Christ so that our neighbors may in deed and in truth become the citizens of our Lord’s Kingdom. DON’T D ON'T forget when the trouble you fear most comes to you, it will be much easier to bear than you imagine. Don't forget that next week you may be looking back with regret be cause you didn’t show greater appre ciation of to-day. If you have a strong point in your character, don't make It a weakness by admiring it too much. Don't keep a diary. Someone might produce it when your enemies are trying to prove you are insane.