Atlanta Georgian. (Atlanta, Ga.) 1912-1939, July 30, 1913, Image 17

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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