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