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THE ATLANTA CiKUftCflAN AND NEWH
REAL ESTATE FOR SALE.
READ FOR PROFIT-ULUFUilAN WANT AD5»-USE FOR RESULTS
THE ATLANTA GEORGIAN AND NEWS 17
real estate for sale.
INCOME PROPERTY.
THERE IS NOTHING like good income-producing property
that can be bought on liberal terms for a safe invest
ment.
Below we offer several places that can he bought on such
easy terms that they will almost pay for themselves.
No. 242 Jones avenue; 5 rooms, all conveniences, on
paved street, near car line, $2,350.
No. 341 Simpson; an entire block. 214x140 feet; a house
on a piece of ground this size promises all sorts of opportuni
ties. Price $5,000.
Corner Boulevard and Old Wheat; lot 64x90 feet; 12-
room house, and room for good store on corner. This is an
unusually good income proposition, and can be made much
better. Price $5,000.
FORREST & GEORGE ADAIR
FOR SALE
JOHN J.
WOODSIDE
WANTED—A BUNGALOW.
CNOHTH SIDE.)
Have buyer for up-to-date, new home,
with five rooms Will pay $5,000 to
$5,500. If you OWN this place see us.
THOS R. FINNEY, Sales Manager.
12 “Real Estate Row."
EXCHANGE
WE CAN EXCHANGE a splendid piece of acreage on the
North Side for improved property inside the city. A good
trade can be had in this tract and the lucky party will
make a big profit.
J. R. J. H.
SMITH & EWING
Ivy 1513.
REAL ESTATE, RENTING, LOANS.
130 PEACHTREE
Atlanta 2865.
REAL ESTATE AND
CONSTRUCTION NEWS
j^harp & pjoylston
ORJIEWOOD PARK.
THIS is a new six-room cottage,
with hall. It has city water
and electric lights. Large, shady
lot. Less than one-half block of
car line, and in three blocks of
good school. A real bargain at
the price and terms we are ask
ing for it. Price $2,800. on
terms of $100 cash and $20
month.
FOURTH WARD INVEST
MENT.
THIS is is a four-room negro
house, which is always rented
for $7.50 per month. Can be
bought for $700—over 12 per
cent. Lot 40 by 100 feet. A bar
gain.
Building Figures
Put Atlanta Ahead
Louisville and Other Cities Beaten.
Small Sales Made—Home Bought
In Ansley Park.
A comparison of Atlanta’s building
figures with the last figures obtained
from Louisville, New Haven, Spring-
field, Grand Rapids and Denver shows
the former city well ahead of the
others, and close to cities with twice
as much population.
Up to noon Wednesday permits to
taled $376,653. This represents a de
cline from the figures of last month
and of the same period last year, but
structures now planned promise to
bring up the average.
Interesting Sales.
Mrs. Sophie P. Dickson and Mrs.
Emma Lee Hancock have sold to Wil
liam W. Reid, of Atlanta and College
Park, No. 425 Whitehall street, an
irregular lot on the Central of Geor
gia right of way, for $20,000.
Mrs. Mary C. Lowe has bought
from Albert H. Bailey, No. 247 St.
Charles avenue, 60 by 133 feet, for
$7,000.
J. L. Lovvorn, of Carroll County,
has bought from Miss Dena Wisdom
a house and lot on the south side of
Forrest avenue, 170 feet west of Pied
mont avenue, for $6,600, assuming
$4,500 indebtedness. This is 54 by
224 feet.
J. N. Renfroe has bought from
James Kempton a Myrtle street lot
113 feet south of Fourth street, 52 by
150 feet, for $3,600.
Ansley Park Purchase.
Gibson Rose, of Cincinnati, has sold
to a client of the John D. Babbage
Realty Company a 90 by 175 foot lot
on the south side of Avery drive, be
tween Piedmont avenue and Mad
dox drive, for $3,150, or at the rate of
$35 a front foot.
Small Sales Made.
Lot sales totaling $7,700 in the
Clairemont Park, Ormewood Terrace
and Peachtree Highlands subdivisions
have been reported by the L. P. Bot-
tenfleld real estate agency. Five of
these are in Clairemont Park, where
a client will build. This agency has
also sold four houses, announcement
of which is expected soon.
New Realty Firm.
A new real estate firm, Reeves &
Moran, has opened an office at 417
Empire Building. The firm is com
posed of J. G. Reeves, formerly in the
real estate business in Asheville, N.
C., and T. L. Moran, formerly sales
manager of the L. P. Bottenfleld
agency.
Bryan Grant Returns.
Bryan M. Grant, the well-known
real estate man, has returned from a
short trip to Indianapolis, Louisville,
St. Louis and other points. He pre
dicts a big crop and much activity
this fall in real estate.
BUILDING PERMITS.
$600 each—Andrew Gust, Edge-
wood avenue, near Equitable Build
ing; seven one-story steel buildings.
Day work.
$75—J. Spielberger, No. 276 High
land avenue; build foundation. Day
work.
$75—T. C. Baldwin, No. 17 Dalney
street; addition. Day work.
$75—W. M. Terry, rear Nos. 17-19
Piedmont avenue; re-cover barn. Day
work.
$500—P. P. Jackson, No. 280 Jones
avenue; add three rooms. Day work.
$4,200—Mrs. J. G. Waters, Durant
place; residence. Fulton County
Home Builders.
$4,500—Mrs. Iola Arnold, Westmin
ster drive; same.
Delay on Mansion Site.
Real estate men are watching with
more than ordinary interest the out
come of the proposal for the State
Legislature to take up the question
of making some disposition of the
Governor’s mansion at tho south
west corner of Peachtree and Cain
streets. It will be recalled that
resolutions have been introduced
with this object in view, but the
question has never come out of
committee.
In the meantime, land dealers are
looking over propositions made two
3 ago an d supplementing' them
nany cases with others. Since
e is but a short time before ad-
nment, however, the opinion has
i expressed that nothing will be
done this year, unless an extra ses
sion should be called.
Improving Luckie Street.
Work has at last been started on
the wood block paving of Luckie
street, from Peachtree several blocks
westward. This improvement will
be appropriate to the erection of the
new $250,000 Y. M. C. A. building at
the northwest corner of Luckie and
Spring streets, as well as to the gen
eral improvement in this neighbor
hood. A few years ago the section
around the Atlanta School of Medi
cine was dotted with small wooden
houses that presented a poor ap
pearance, but things have been
greatly improved with the erection
of substantial buildings, and with
the opening of attractive business
subdivisions.
To Manage Avalon.
The Avalon Apartments, southeast
comer of West Peachtree street and
North avenue, is to have a new man
ager. He is H. F. Martin, of the
loan department of the A. J. & H. F.
West Real Estate Agency, who will
take charge September 1. Mr. Mar
tin is a well-known building expert,
and will have charge of the rental
of this attractive structure.
Peachtree Heights Buy.
L. B. Rhodes has sold to Mrs. Vic
toria MacArthur through the Robert
A. Ryder Real Estate Agency a two-
story nine-room house in Peachtree
Heights for approximately $10,00(X
The lot is 80 by 425 feet.
Greenfield Building Starts.
Moise DeLeon, the well-known
contractor, has started work on the
one-story building of the D. Green
field estate on the east side of South
Forsyth street just north of Mitch
ell street, and will rush the saqje to
an early completion. The frontage
is over 100 feet. The building will
contain a basement and will be
leased for stores.
Cigar Stores Extending.
Corners continue in demand fpr
the United Cigar Stores Company.
This concern has half a dozen cor
ners on the North Side and has now
leased its first place on the South
Side, northeast corner of Mitchell
and South Forsyth streets. This lo
cation was bought by Asa G. Candler
for $5,000 a front foot, a record for
Mitchell street. The seller was Mar
tin Amorous.
New Renting Department.
Hurt Cone, real estate agent in the
Empire Life Building, has opened a
renting agency in connection with
his sales business, with a compe
tent agent in charge.
Activity in Decatur.
The Chelsea Land Company has
sold to Mrs. Catherine M. Myers lots
10 and 11 of block 2 in the Chelsea
Heights subdivision, Decatur, for
$1,000. There is much activity in
this section, some of the recent trad
ers being T. E. Smith, Mrs. M. L.
Bentley, T. M. Fincher, W. T. Ash
ford, Mrs. Jessie E. Brown, Mrs. Til-
lie Binder, C. N. Peck, H. A. Ether
idge, M. E. Floresch and William L.
Jenkins.
^AUCTJON^SALES.
AT AUCTION.
A COMPARATIVELY
NEW LOT OF HOUSE
HOLD FURNITURE,
INCLUDING A FINE
LOT OF BED ROOM,
DINING ROOM, PAR
LOR AND LIBRARY
FURNITURE. SALE
30 A. M., FRIDAY, AU
GUST 1.
CENTRAL AUCTION
COMPANY.
12 East Mitchell Street.
New Crops Firm on Dry Weather
in Texas, but July Drops in
Sensational Manner.
Atlanta Markets
NEW YORK, July 30.—As there
was no rain in Texas over night nor
any immediate prospect of moisture,
according to the early weather map,
the cotton market opened rather ac
tive to-day, with first prices at a
net gain of 2 to 3 points, except May,
which was 4 points decline from
Tuesday’s final.
After the call a precipitant selling
movement, led by Wall street and the
Uptown crowd, sent the market back
to the lowest level of the month. July
was dumped on the market In a sen
sational manner, resulting in a rapid
decline 20 points from the initial
level, which was 11.92; August
dropped 10 points to 11.56. Other po
sitions were heavily illquidated and
displayed a net decline of 9 to 13
points.
Weather news not quite as bearish
as had been hoped for, but was con
sidered favorable; except in Texas,
where some private reports indicated
deterioration from the dry, hot
weather. This, however, was offset
as a bullish argument, when Okla
homa reported beneficial rainfall. In
addition to this a Liverpool cable
stated that spinners’ takings from
Liverpool were more freely, as stocks
are pretty well used up. Oh the
ot'her land, Manchester is quiet, as
India is not a free buyer and there
are troubles reported again in China,
which have caused orders for that
market to be canceled for the time.
This, together with a bearish circu
lar from F. M. Cordill on the condi
tion of North Mississippi and Ten
nessee crops promoted sufficient sell
ing to send the market back into the
lowest levels.
During the afternoon session the mar
ket developed a steady tone, through
active buying by the larger spot people
and covering by shorts. All positions
retrieved the entire early decline, except
July, which fluctuated narrowly around
11.15. The buying was based on the
late detailed weather map, which failed
to show rains in Texas. This, together
with the coming Bureau report, Friday,
August 1, caused considerable hesitancy
on the part of those inclined to the bear
side.
At the close the market was very
steady with prices unchanged to 4 points
higher, except July, which was 10 points
lower than the final quotations of Tues
day.
Following are 11 a. m. bids in New
York: July, 11.78; August, 11.62; Oc
tober, 11.19; January, 11.09.
Following are 10 a. m. bids in New
Orleans: July, 11.50; August, 11.60; Oc
tober, 11.22; January, 11.21.
Estimated cotton receipts:
Thursday. 1912.
New Orleans 500 to 1.000 82
Semi-weekly interior movement:
1913. 1912. 1911.
Receipts 4.477 2,287 7,028
Shipments 8,667 7,993 6,892
Stocks 97,809 68,329 58.993
ILLINOIS CENTRAL
TAKES BIG SLUMP
Cut in Dividend of Two Per Cent
Responsible for Break—Oth
ers Off on Corn Damage.
By CHARLES W. STORM.
NEW YORK, July 30.—The feature'
during the first fifteen minutes of trad
ing on the Stock Exchange to-day was
the first sale at 59% of united States
Steel common. This showed a net gain
of over a point The advance, however,
did not bring the issue here up to the
level established in London before the
opening in New York. In Europe the
stock was traded in on a large scale
above 60.
The traders said It was another case
of selling on good news and the realiz
ing was effective in preventing the price
here passing the London quotation.
The rest of the market displayed a
wavering tone. Prices as a rule were
generally above last night’s closing.
Trading in London was dull.
The curb market was steady.
After reducing the Illinois Central
dividend rate caused a sharp break in
that stock, quotations falling a point at
a time. In a few minutes the stock fell
from 113% to 107. This news had no
effect upon the other issues, the ma
jority remaining about unchanged.
Copper received the heaviest fall, de
clining % to 70%. Steel and Reading
were next, both dropping %. Canadian
Pacific, Chesapeake and Ohio, Southern
Pacific and Northern Pacific declined %,
with California Petroleum, Lehigh Val
ley and New York Central remaining
unchanged.
Call money loaning at 2%. *
Speculative sentiment continued in
creased by the reduction in the Illinois
Central dividend and that stock sold as
low as 105%, as against 113% at yester
day’s close. . Lack of support in other
issues encouraged the bearish element to
put out fresh lines of shorts. A number
of Issues sustained further fractional
losses from midday levels
The market closed dull. Governments
unchanged; other bonds steady.
Clos. Prev.
LIVE STOCK MARKET.
CHICAGO, July 30.—Hogs—Receipts,
27,000 Market, weak to 5c lower; mix
ed and butchers. $8.45(0)9.35; good
heavy, $8.75® 9.15; rough heavy, $8.36
(§8.70; light. $8.95@9.50; pigs, $8.00®
9.10; bulk. $8.76@9.05.
Cattle—Receipts, 17,000. Market,
steady; beeves, $7.35® 9.10; cows and
heifers. $3.25@8.30; stockers and feed
ers, $6.25(0)7.90; Texans, $6.75@8.15;
calves, $9.35@11.00.
Sheep—Receipts, 22.000. Market,
steady; native and Western, $3.25® 5.10;
lambs, $5.25(0.8.00.
ST. LOUIS, July 30 — Cattle receipts
5,000, including 1,100 Southerns. Na
tive beef steers, $5.50@)8.76; cows and
heifers, $4.75(0 8.40; stockers and feed
ers. $5.25@7.oO; calves, $6.00(0)10.50;
Texas steers, $6.25(0 7.75; cows and heif
ers. $4.25(06.50; calves. $5.00@6.50.
Hogs- Receipts. 5,500: steady. Mixed.
$9.15(09.40; good. $9.15(09.25; rough,
$8.60(08.75; lights. $9.25*09.40; pigs.
$7.25*09.25: bulk. $9.20*0 9 35.
Sheep-Receipts, 7.000: market steady
Lambs. $6.00(0 7.40: muttons, $3.25®
4.25; yearlings, $4.75(06.00.
MILLER-COTTER LETTER.
MEMPHIS, July 30.—Efforts to bull
cotton on dry weather in Texas have
failed. There are two reasons’. One
is that the.drouth has not yet attained
serious proportions, and the other that
everywhere else the crop is doing well
Forecast for unsettled weather over
Texas and Oklahoma was the basis
for some selling after the opening and
the market shows little rallying power.
EGGS—Fresh country, candled, 16®
17c.
BUTTER—Jersey and creamery, In
1-lb. block* 27%®30c; fresh country,
fair demonc t6@l8c.
UNDRAWN POULTRY—Drawn, head
and feet on, per pound: Hens, 19c,
fries, 22% (024; roosters, 8® 10c; tur
keys, owing to fatness. 17®iyc.
LIVE POULTRY—Hens. 40@>45;
roosters, 30@35c; broilers. 25@30c par
pound; puddle ducks, 30@3i>c; Pekin*,
35@40c; geese. 50(d>t>0c eacn: turkeyi,
owing to fatness. 15sa)i.u.
FRUITS AND PRODUCE.
FRU$T AND VEGETABLES—Lem
ons. fancy, $8.00@9.00; cauliflower. 19®
12%c lb.; bananas, 2%c lb; cabbage,
$2.00 per crate; peanuts, per poind,
fancy Virginia, 6%®7c; choice, 5%a>6c;
beets, $1.75(02.00 in half-barrel mates;
ccumbers, $1.25® 1.50. Eggplants 75c
@1.00 per crate; peppers, $1.25(01.50 per
crate; tomatoes, fancy, six- casket
crates, $2 00@2.50, onions, $1.00 per bu.;
sweet potatoes, pumpkin yams, 80@86c.
■»kra. fancy, six-basket crates, $1.50®
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®6c
r ound; black bass, 10c pound; mullet,
11.00 per barrel.
FLOUR AND GRAIN.
FLOUR— Postell’s Elegant, $7.75;
Omega, $7.00; Carter’s Best. $6.26; Qual*
fty (finest patent). $6 46; Gloria (self
rising), $6.00; Results (self-rising), $6;
twans 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 pate t),
*4.8i>; 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, cant
seed, orange $1.00, rye (Tennessee) $1.26,
red top cane seed $1.35, rye (Georgia)
1.35, blue seed oats 50c, barley $125,
Burt oats 70c.
FEEDSTUFFS.
CHICKEN FEED—Beef scrap. 100-lb.
sacks, $3.25; 50-lb. sacks, $1.6o; 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
bal.es. $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, $1.26;
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, $1.75: I
Halliday, white, 100-lb. sacks, $1.70; ‘
Jandy middling, 100-lb sacks, $1.76;
fancy, 75-lb. sa^ks. $1.75: P. W.. 75-lb. ;
sacks, $1.65; brown, 100-ln. sacks, $1.55; I
Georgia feed, 75-lb. sacVs, $1.56; dlover
leaf. 76-lb sacks, $1.60; bran, 75-lb.
sacks, $1.25; 100-lb. sacks. $1.25; 50-lb.
sacks, $1.30; Homeoline, $1.50; Germ
meal, Horreo. $1.50.
GROUND FFED—Purina feed. 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
gram. 10-lb sacks, $1.60; Victory
horse feed, 100-11*. sacks, $1.60: 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 hundredweignt: Timothy
choice, large bales. $1.20; P,rge fancy
light cloved mixed, $1.15; 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 70c, Bermuda hay 90c, No
1 $1.20. wheat straw 70c, Bermuda hay
»0c.
RANGE IN NEW YORK FUTURES.
0.0
11.92111.93 11.70111
11.66111.67 11.56111
11.25111.33!U.25!11
|U.25|1.25111.12 11.
|ii.3i|ii.2slu.ulii
|ll-14 11.15111.03111
Jiy
ar
Spt
Oc.
No
Dc
Jn
frb r .
Mh 111.23111.22111.12:11
’ 11.2U1.2M1.20'11
77111.79
67 1.1.66
33111.35
25 11.24
. .111.20
32111.22
15(11.14
. ..Ill 15
22111.22
20:11.26
81111.89-94
67111.63-64
37111.35-36
25111.22-23
•22111.16-18
■23111.19-20
15111.11-12
•171
•24111.20-23
28111.26-26
Closed very steady.
LIVERPOOL COTTON MARKET.
LIVERPOOL, July 30 — Due 6% points
higher on July and unchanged to 1%
points higher on other months, this
market opened steady at a net advance
of 1 to 2 points. At 12:15 p. m. the
market was steady at a net advance of
3 points on July and 1% to 2 points
higher on other positions. Later the
market advanced 1 point from 12:15
p. m.
Spot cotton in moderate demand, at
1 point decline; middling. 6.53d; sales,
7,000 bales, including 6,000 American
bales; imports, 3.000, of which 1,000
were American bales.
At the close the market was steady
with prices at a net advance of % to
2% points from Tuesday's closing quo
tations. with the exception of August-
September, which closed unchanged.
Quotations opened quiet.
Opening.
Range. 2P.M.
Close.
Prev.
Close.
July ....
. .6.26 6.29%
6.26%
6.24
July-Aug. .
. .6.24% 6.27
6.24H
6.23
Aug.-Sept. .
. .617 6.19
6.16%
6.16%
Sept.-Oct. .
. .6.08% 6.10
6.08
6.0714
Oct.*Nov. .
. .6.04 6.05%
6.04
6.03
Nov.-Dec. .
. .5.99
5.99
5.98
Dec.-Jan. .
. .5.99%
5.99
5.98
Jan.-Feb, .
. .6.00 6.01%
5.99%
6.0814
Keb.-Mch. .
. .6.01 6.02%
6.01
6.00
Mch.-Apr. .
. .6.0214 6 04
6.02
6.01
Apr.-May .
. .6.04
. 604%
6.02
May-June .
.6.05 6.06% 6.04%
6.03%
Closed steady.
HAYWARD
& CLARK'S
DAILY COTTON LETTER
NEW ORLEANS, July 30.—The
map shows fair weather in the West
ern States; no rain; cloudy in tho
rest of the belt with rain over Eastern
Mississippi, Alabama, parts of Georgia
and a little in Tennessee. Indications
are for continued fair weather in
Texas and Oklahoma, with the excep
tion of some cloudiness in the North
western and Southeastern corners;
partly cloudy in the Central and
Eastern States; some scattered show
ers, patricularly in the Central Gulf
districts.
The Galveston News reports the
first new bale at Waco, Texas, on the
28th.
NEW ORLEANS COTTON.
11.64H1.84 11.55
ii.27 ii.so ii.is
STOCK—,
High.
Low.
Bid.
Close
Amal. Copper.
71
69
69%
70%
Am. Agricul..
46
46%
A. B. Sugar .
27%
27%
27
27
Am. Can . . .
33%
31%
32%
33
do. pfd.. . .
93%
93
92%
93
A. C. Foundry
45%
45%
45%
45%
A. C. Oil. .
41
39%
40
Am. Ice. . . .
23%
23%
22%
23%
Am. Loco. . .
32%
32
32
31
Am. Smelting
64
62%
63
63%
Am. Sugar
109
111
A. T. and T..
128%
128%
128%
128
Am. Woolen.
16
Anaconda .
36
34
35%
35%
Atchison . . .
99 'A
98%
98%
99%
A. C. L.. . .
120%
120
119
120%
B. and O. . .
99%
98%
99
98%
Beth. Steel .
35
34
33%
33%
B. R. T.. . .
88%
87%
87%
88
Can. Pacific .
217*4
216%
216%
217%
C. Leather . .
23%
23%
C. and O. . .
. 56% 55
56%
56%
C. F. and I. .
32
29%
30%
31%
C. Southern
30
Consol. Gas .
132
131%
131
131%
C. Products .
....
10%
10%
D. and H. . .
156
156
D. and R. G. .
19
19%
D. Secur.. . .
13%
14%
Erie
28%
28%
28%
28%
do. pfd.. . .
45%
45
45%
44%
Gen. Electric.
140
140
G. N., pfd.. .
126
125%
125%
126
G. N. O. . .
35%
35
24%
36%
G. Western. .
13
14%
Ill. Central .
113%
105%
105%
113%
Interboro. . .
15%
15%
15%
15%
Int. Har. (old)
105%
108
Iowa Central .
7
7
K. C. S.. .
27%
27%
27%
27%
K. and T. .
22%
22%
22%
22%
do. pref.. .
56
67%
Lehigh Val.
151%
149%
150
151
L. and N. . .
134
133
132%
132%
Mo. Pac. . .
32%
32%
32%
33
N. Y. Central 99%
98%
92%
99
N. Western
120
129%
National Lead
49%
49%
48
48
Nor. and W.
105%
105 *4
104%
105%
Nor. Pac. .
110%
108%
109%
109%
Ont. and W..
29%
29%
29%
29
Penn. . . .
114%
113%
113%
114
Pac. Mall . .
21
21
20%
21
Peo. Gas Co.
113
114
Pres. Steel Car ....
24%
24%
Reading . .
160%
158%
169%
160%
Rep. I. and S
24%
23%
23%
24
do. pref. .
83%
83%
85%
85%
Rock Island
17%
17%
17%
17%
do. pref.. .
29%
28%
28%
29
Sloss-Sheff.
28
27%
South. Pac...
93%
82%
93
93%
South. Ry. . .
24%
23%
24
24
do. pfd. . . .
78%
78
St. Paul . . .
106%
105
105%
105%
Tenn. Cop’r. .
31%
30%
30%
30%
Tex. Pacific .
15%
16
Third Ave.. .
34%
25%
Union Pacific.
149%
147%
148%
149%
U S. Rubber.
60%
60
69%
60
U. S. Steel .
5974
58%
69%
69%
Oo. pfd. . .
108%
108%
108%
108%
Utah Copper.
48%
47%
47%
48%
Ca.-Car. Chem ....
26%
25%
Wabash . . .
2%
2%
2%
2%
do. pfd. . .
7%
7%
7
7%
West. Union..
65
65
W. Maryld. .
40%
40%
West. Elec. .
64%
63%
63
63%
The market was bought early on
steady cables and private reports of
some deterioration in the Western belt,
hut became easy later on selling by
Wall street and uptown crowd. There
has been considerable evening-up in
July to-day, but was traceable to no
special interests, as the trading in this
option was in small lots and scattered.
There are no rains shown on the map in
the Western belt, and this is causing a
hesitancy on the part of these inclined
to the bear side to sell lust now. How
ever, a narrow market la looked for un
til after the Government report la out
of the way.—J. M. Anderson.
The Memphis Commercial-Appeal con
dition report for month of July shows
average of 82.1, against Government
condition of 81.8 on July 3. By states:
Tennesse. 89. decrease 2 points from
July 3; Government report, Mississippi,
83. increase 1; Arkansas 88. increase 2;
Alabama 82 increase 3; Oklahoma 87,
decrease 2; ouisiana 84, Increase 3; Tex
as 84, decrease 2; Georgia 76, Increase
2; South Carolina 76, increase 3; North
Carolina 78, increase 2 per cent.
* • •
The market was steady at the open
ing to-day on private reports of dete
rioration in Texas, due to hot dry
weather. Riordan and Wilson best
buyers, Hentz and Weld leading sellers.
• * •
The New York Journal of Commerce
has the following on the condition of
the cotton crops in Texas, Oklahoma
and Missouri:
“Texas—Continued drouth and high
temperatures are reported from nearly
all sections, and have lowered pros
pects somewhat from a month ago.
Sections that are still needing rain re
port shedding snd stoppage of growth.
But, as one correspondent remarks, dry
weather and boll weevil don’t go far
together, and as a consequence, weevils
are doing very little damage. In dis
tricts where the rainfall relieved the
drouth cotton is generally of good size,
strong and healthy. Fields are well
cultivated, clean and labor plentiful.
Some sections are late, but as a rule,
no complaints are made of this feature.
“Oklahom^-The genral need of rain
has caused 1ome deterioration from a
month ago, when percentage condition
was 86.6. The plant is generally small,
but strong and healthy, well cultivated
and clean. Fruitage is generally good,
and the crop is free from insects. Many
sections have received the needed rain
fall and prospects are for a big crop.
“Missouri—Except for lack of rain in
some localities, the crop is in excellent
growing condition.”
Dallas wires: “Texas clear, rain at
Houston yesterday. Oklahoma clear."
* * •
NEW ORLEANS, July 30—Hayward
& Clark: “The weather map shows
fair over Texas and Oklahoma. Cloudy
over the remainder of the belt; no rain
in the Western States; general rains
over East Mississippi, Alabama, West
ern Georgia and light, showers in the
Memphis district. Indications are for
generally fair weather over the Western
States, except perhaps cloudy over Gal
veston coast districts, cloudy showery
in the Eastern and Central States.”
• * •
The New Orleans Times-Democrat
says: “The cotton market presents a
small anomaly, a sort of forerunner of
what may be expected in the event
Congress shal^strike the machinery of
of distribution a death blow with its
legislative club. America believes both
crop and the need will be large, that
the world can afford to pay current
values, and that, under normal condi
tions of supply and distribution, all
the cotton harvested in 1913-14 will
pass into consumers’ hands at a splen
did profit to the farmer. Rut America,
fears the Clarke stamp tax and is in
no humor to enforce its price opinions
“On the other hand, continental Eu
rope believes that America will try out
the uneconomic desire of many people,
by making the Clarke stamp tax on
futures a law, and Europe knows full
well that the death of the American
future market will mean the resur
rection of consumers’ control over the
value of the raw material.”
Ml CEREALS DROP
New high levels for all cereals.
• • •
The export business in wheat last
week was placed at more than 5,000,000
bushels
• » •
The Kansas City Star reports the
Kansas corn crop the worst since 1901,
when the crop was 62.000,000 bushels.
• * •
John Inglis is reported estimating the
winter wheat crop at 475,000,000 bush
els; spring wheat ^25,000,000 bushels, a
total of 700,000,000. He placed Canada’s
crop at 170,000,00 bushels against 205,-
000,000 last year.
• • •
According to Slement, Curtis & Co.,
the winter wheat yield is about 500,-
000,000 bushels, spring wheat expecta
tions 230,000,000; corn condition 80,
promising a crop of 2,830,000,00 bushels,
or about the same as last year, but
prospects are on the decline, against
Improvements last year. Oats crop
about 1,000,000,000 bushels or 400,000,000
bushels under last year’s final.
J G Steever A Co., of Chicago, say
of provisions: “During last week Chi
cago paqked 40,000 more hogs than the
same week last year, while Western
receipts were 88,000 larger; Chicago's
net out-movement of lard was 200,000
pounds, and of meats 4,000.000 pounds
larger than a year ago. Next week
135,000 hogs are expected but as last
week's liberal run broke prices nearly
25 cents, a decrease from above esti
mates is probable. Last year’s receipts
were 45,273 and 130,651.”
The Chicago Inter Ocean says: “It
would not be surprising to the wheat
trade to see lower prices to-day. Should
corn advance, however, the talent may
be disappointed; with high tempera
tures over the Northwest, it might be
easy to get up a small crop scare. With
continued hot dry weather the corh
crop is expected to deteriorate and
there Is no telling how high prices may
go. The country has commenced to
back # their bullish crop reports with
substantial buying orders, and they
have the market in hand to a great ex
tent.
“Patten is bullish and the Armour
interests bearish. Oats specialists who
are bullish are looking for a sharp rise
in prices should corn continue to ad
vance. One local operator is credited
with buying one million bushels, mostly
December.
B. W Snow says reports this morn
ing from Mattoon Ills .. say drouth still
continues. With the exception of a few
local showers, no rain her since April
9. Early planted corn will not yield to
expected 10 pushels per acre. Late corn
now' only knee to w'aist high and firing
badly. Only a few fields of oats were
threshed and they yielded from 6 to 10
bushels per acre.
• • •
I think this Is a good spot to buy
some corn. Local crowd have liquidated
on forecast of possible showers, but it
will take more than showers. Good,
soaking rain needed to make over a
2.7 crop.—Rycfoft.
Local forecaster says showers ore In
dicated for entire district to-night or
Thursday, except in Northwest portion,
where fair weather will prevail.
* * •
Bartlett Frazier Company says:
“Wheat map shows few scattered show
ers in Minnesota and North Dakota.
There was a good deal of local cover
ing yesterday, and the activity on
coarse grains has a tendency to further
restrict new' speculative ventures in
wheat.
“Corn—No rains reported and yes
terday's high temperatures are likely
to he repeated. We look for strong
market.
“Oats—There is more outside buying,
being based on strength in corn, and
the belief that crop will turn out small
er than estimated a few weeks ago.
“Provisions—Outside buying in Jan
uary deliveries noted Continued
strength in corn is helping prices.”
Predictions of Showers in Corn
Belt and Bearish Figures by
Snow Cause Selling.
THE WEATHER.
Conditions.
WASHINGTON, July 30.—There will
be showers to-night or Thursday in the
upper l*ake region and in the South
Atlantic and east Gulf States, but else
where east of the Mississippi River the
weather will be generally fair to-night
and Thursday.
Temperature changes will not be of
consequence.
General Forecast.
Forecast until 7 p. m. Thursday:
Georgia—Local thundershowers to
night or Thursday.
Virginia—Fair to-night and probably
Thursday.
North Carolina, South Carolina, Flori
da, Alabama and Mississippi—Local
thundershowers to-night or Thursday
Tennessee and Kentucky—Generally
fair to-night and Thursday.
Louisiana—Fair in west; showers In
east portion tonight or Thursday.
Texas—Fair to-night and Thursday.
ST. LOUIS CASH QUOTATIONS.
Wheat—No 2. red 83% @85%
Corn—No. 2 67
Oats—No. 2 39 ®40%
CHICAGO, July 30,—The various
grains failed to pull together to-day
as has been the case for some days
past. Corn was l-4@3-8 cent higher,
while oats were 1-8 to 3-8 cent lower
and wheat was off 1-2 to 1 cent. One
of the features of the wheat market
to-day w'as the buying of September
here against exports sales at St..
Louis. Cash wheat business here
amounted to 300,000 bushels. Clear
ance of w'heat and flour as wheat
492,000 bushels.
Previous
High. Low.
Close.
Close.
WHEAT—
July. .
. 88
84%
8474-
8574
Sept. .
. 86%
85%
85%
86%
Dec.. .
. 90%
89%
8944
90%
CORN
July. .
. 66%
65%
65%
65%
Sept. .
. 66%
64%
65%
65%
Dec.. .
. 64
62%
62%
62%
OATS—
July. .
. 40%
40
39%
40%
Sept. .
. 41%
40%
41
41%
Dec.. .
. 44
42%
43%
43%
LARD
—
July .
.22.10
21 95
21.95
22 70
Sept. .
.21 30
20 95
21 00
21 00
PORK
July .
.11.50
11.50
11.50
11.72%
Sept. . ,
,11.77%
11 57%
11 57%
11.77%
Oct. .
.11.85
11 60
11.67%
11 85
RIBS—
July . ,
,11.70
11.45
11.45
11.72%
Sept. .
.11 80
11 60
11.60
11.80
Oct. .
,11 62%
11.37%
11 45
11.55
CHICAGO CASH QUOTATIONS.
CHICAGO, July 30.—Wheat. No. 2
red, new, 86®87; No. 3 red. new, 85%
®85%; No. 2 hard winter, new, 86%
(0 87%; No. 3 hard winter, new, 85%®
86%; No. 1 Northern spring, 91®92;
No. 2 Northern spring. 90; No. 3 spring
88(090.
Corn, No. 2. 65%; No. 2 white, 66%
*067; No. 3 yellow, 66; No 3, 66®63%;
No. 3 white. 66%@66%; No. 3 yellow,
65% @66; No 4, 64%@65; No. 4 yel
low. 64% ®65.
Oats- No. 2 white, 42; No. 3 white,
new, 40(0 40%; No. 4 white, 39%(040%;
standard, new, 41®41%; standard, old.
41%®41%.
COTTON MARKET OPINIONS.
Miller & Co.: “We can still only re
peat the opinion expressed during the
past few davs, that we think prices for
the time being are in control of Texas
weather.”
Morris H. Rothschild & Co.: “The
trade Is awaiting further climatic de
velopments.”
NEW YORK PRODUCE.
NEW YORK, July 30.—Petroleum
firm; crude Pennsylvania, 2.50.
Turpentine weaker at 38%®39%.
Rosin weaker; common, 4.25®4.40.
Wool steady; domestic fleece, 23@27;
pulled, scoured basis, 33@54; Texas,
scoured basis, 46(053.
Hides quiet; native steers, 18%@19%;
branded steers, 17 (bid).
Coffee steady; options opened 11®13
points lower; Rio No. 7 spot, 9% (asked).
Rice steady; domestic, ordinary to
prime, 4@5%.
Molasses steady; New Orleans, open
kettle, 35®50.
Sugar, raw, firmer; centrifugal. 3.61
(bid); muscovado, 3.11 (bid); molasses
sugar, 2.86 (bid).
Sugar, refined, firm; fine granulated,
4 60 (bid); cut loaf, 5.40 (bid); crushed,
5.30 (bid); cubes, 4.35®4.40; powdered,
4.85 (bid): diamond A, 4.70 (bid)* con
fectioners’ A, 4.60 (bid); softs, No. 1,
4.45 (bid). (Nor 2 is 5 points lower than
No. 1, and Nos. 3 to 14 are each 5 points
lower than the preceding grade.)
Potatoes steadier; white, nearby, 1.00
®2.32; Southerns. 1.75®2.25.
Beans irregular; marrow, choice, 6.55
@6.60; pea, choice, 3.90 (asked); red kid
ney, choice, 3.75 (asked).
Dried fruits firm; apricots, choice to
fancy, 11%@14%; apples, evaporated,
prime to fancy. 8% -(asked); prunes. 30s
to 60s. 7%®12%; 60s to 100s. 4® 7:
peaches, choice to fancy, 6%@7%; seed
ed raisins, choice to fancy, 6%®6%.
6T. LOUIS CASH GRAIN.
ST. LOUIS, July 30 —Wheat, No. 2
red, 83%; No. 3 red, 83%®84%; No. 4
red, 83; No. 2 hard, 83%®90; No. 3
hard. 83%.
Com, No. 2. 67' No. 3, 66; No. 2 yel
low. 67; No. 3, o6®66%; No. 3 white,
68®70; No. 3. white, 68®69.
Oats. No. 2, 39®40%; No. 3, 38%;
No. 2 white. 41®41%; No. 3 white,
40®41; No. white, 38%@39; setandard,
40% @41.
PRIMARY MOVEMENT.
WHEAT—
m*.
1912.
Receipts
Shipments . . . ,
2.022.000
I 1,199,000
1,438.000
782,000
O.H\- | |
Receipts
Shipments
391,000
299,060
402,000
852,000
CHICAGO
CAR LOTS.
Following are receipts for Wednesday
and estimated for Thursday;
1 Wedn’day. IT huraday
Wheat
Corn ......
Oats
Hogs
819
69
144
27.000
623
64
109
18,000
LIVERPOOL GRAiN MARKET.
LIVERPOOL, July 30.—Wheat opened
unchanged to %d higher. At 1:30 p. m.
the market was unchanged; closed %d
higher to %d lower.
Com opened %d higher. At 1:30 p. m.
the market was % to %d higher; closed
unchanged to %d higher.
BAR SILVER.
LONDON, July 30.—Bar silver quiet,
27%d.
NEW YORK, July 30.—Commercial
bar silver, 59%; Mexican dollars, 47.
ILLINOIS CENTRAL DIRECTORS
REDUCE DIVIDEND 2 PERCENT
NEW YORK, July 30.—The directors
of the Illinois Central Railroad to-day
declared a semi-annual dividend of 2%
per cent. This Is a reduction of 2 per
cent and places the stock on a 5 per
cent basis. The dividend is payable
September 2.
Total sales, 333,400 shares.
SPOT COTTON MARKET.
0.0
jry
Ag
Spt
(>c
Nv
Dc 111.26111.28111.1
Jn 111.27,11.29 11.18111.27
Fb
Mh 11.32 11.37 11.30H1.37
My 1...
Closed steady
11.65
il.29
1*1126
111.55
11.57-
ill.33
11.28-
11.23-
11.2 Fr
11.26-
II. 23-
III. 36
111.41
111
59*11.
35111
29(11.
25|11
26)12.
27|11.
25; 11
38|11
• 43 i 11
65-67
31-33
26-27
.22-23
24- 25
25- 26
21-23
.35-36
40-41
PORT RECEIPTS.
The following table shows receipts at
the ports to-day compared with the
same day last year:
1913.
INTERIOR MOVEMENT.
New Orleans.
Galveston. . .
Mobile. . . .
Savannah. . .
Norfolk. . . .
Baltimore. . .
Boston. . . .
Total.
1,047
421
19
422
755
1912.
665
69
188
5
82
742
31
2.664 1,782
| 1913.
1912.
Houston
89
2?9
Augusta
186
287 J
?.Iemphis. . . .
870
148
St. Louis. . . .
.1 54
73
Cincinnati. . . .
. 253
189
Little Rock . .
1 s
13
Total
.1 1,392
955
THIS VERY MINUTE the opportunity
you’ve long sought awaits you in the
Want Ad pages of Hearst’s Sunday
American and Atlanta Georgian. Not
an issue is printed that does not contain
the cream of desirable positions, excel
lent boarding and rooming places, fine
business opportunities, real estate bar
gains and other things. Whatever your
desire, you’ll find a way to gratify It In
Hearst’s Sunday American and Atlanta
Georgian Want Ad pages.
Atlanta, nominal; middling 12c.
Athens, steady; middling 11%.
Macon, steady; middling 12%.
New Orleans, steady; middling 11 5-16.
New York, quiet; middling 12.00.
Philadelphia, quiet; middling 12.00.
Boston, quiet; middling 12.30.
Liverpool, steady; middling 6.53d.
Savannah, steady; middling 11%.
Augusta, steady; middling 12%.
Uorfolk, steady; middling 12%.
Charleston, steady; middling 12 5-16.
Mobile, steady; middling 12c.
Wilmington, quiet; middling 12c.
Little Rock, steady; middling 12c
Baltimore, nominal; middJ ..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.
COTTON SEED OIL.
NEW YORK. July 30.—The cotton
seed oil market was higher with a fair
trade. The bulk of business was in !
new crop. The attractive discounts
under the nearby product served to
bring In new speculative buying.
Cotton seed oil quotations:
Spot
August . . . . ,
September . . . .
October . . . ,
November . . . ,
December ...
January ...
February . . .
March
Closed steady;
|Opening. | Closing
9.45-10.00
9.57@9.75
9.51 @9.53
&.26@8.27
6.95*06.96
6.74*06.75
6.75@6.76
6.75(06.80
6.76(06.80
9.40® 9.56
9.45® 9.48
8.25® 8.26
6.95® 6.97
6.75® 6.76
6.75® 6.76
6.75® 6.76
6.75® 6.80
sales 10,800 barrels.
MINING STOCKS.
BOSTON. July 30.—Opening. Butte
Superior 26, Granby 60 Calumet Hecla
409, Alaska 19, East Butte 12. Boston j
Elevated 95. i
Before You Go Away
This Summer
G et together your valuable
PAPERS, JEWELRY, ETC., and bring
them here to our Safe Deposit Vault, where, for
$3.00 a year and upward, you can protect them
for a year from loss by fire or theft. .
Pay a moderate sum for one of our Letters
of Credit or Travelers’ Cheques, and avoid the
dangers of carrying money around in your pock
et, and the inconvenience of making change in
foreign coin.
Do these two things, and you can go away
perfectly care-free.
Atlanta National Bank
C. E. CURRIER, JAS. S. FLOYD, J. S. KENNEDY,
' President Vice President. Asst. Cashier.
F. E. BLOCK, G. R. DONOVAN, J. D. LEITNER,
Vice President. Cashier. Asst. Cashier.
CAPITAL $ 1,000.000.00
SURPLUS 1,000,000.00
RESOURCES 10,000,000.00