Atlanta Georgian. (Atlanta, Ga.) 1912-1939, July 31, 1913, Image 17

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- 1Bji a VIjAIN 1A ITmmiTlAIN ATNJLf PirjVVO KtAlJ M. OdUI\i9lAN WAIN I AU3-USE FOR RESULTS THfi A l ijaiv x a iJT^vmiTLATV ATTD NEWS 17 * REAL ESTATE FOR SALE. INCOME PROPERTY. THKKE IS NOTHING like good income-producing property a can be bought on liberal terms for a safe invest ment. »«=, ,^ P ' ow °^ er several places that can be bought on such V""that th «y W 'H almost pay for themselves, i n. 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 OJd 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 IL FOR SALE JOHN J. WOODSIDE WANTErf~A BUNGALOW, (NORTH 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. THQS. 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 REAL ESTATE^FOR SAlc^ ^harp & J^oylston ORMEWOOD PARK. THIS is a new six-room cottage, with hall. It has city water and electric lights. Large, shady lot. Less than bne-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, Sprlng- i field, Grand Rapids and Denver shows f 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- j liam W. Reid, of Atlanta and College KJ|ark. No. 425 Whitehall street, an ” irregular lot on the Centra! 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 $6,500, 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, 62 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. I A new real estate firm. Reeves & ■ Moran, has opened an office at 417 W Empire Building. The firm is com posed of J. G. Reeves, formerly in the 1 real estate business in Asheville, N. I C. and T. L. Moran, formerly sales manager of the L. P. Bottenfield agency. Bryan Grant Returns. Bryan M. Grant, the well-known f real estate man. has returned from a “sMbrt trip to Indianapolis, Louisville, St Louis and other points. He nre- i diets a big crop and much activity I this fall in real estate. BUILDING PERMITS. $600 each—Andrew Gust, Edge- wood avenue, near Equitable Build ing; seven one-story steel buildings. I D< $75^j r Spielberger, No. 276 High- I land avenue; build foundation. Day T c Baldwin, No. 17 Dalney 'street; addition Day work i {75 tV. M. Terry, rear Nos. 17-19 [ Piedmont avenue; re-cover barn. Day p p. Jackson, No. 280 Jones avenue; add three rooms. Day work $4200—Mrs. J. G. Waters, Durant place; residence. Fulton County ^$A500—Mrs. Iola Arnold, Westmin- i 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 l egislature to take up the question Of' mak'ng some disposition of the ■ Governor's mansion at the south- corner of Peachtree and Cain rest corner ot^ ^ recalled that „ have been introduced w this object in view, but the qv jtion has never come out of ' { flhe 6 meantime, land dealers ar. . VF ? „ver propositions made two “go. and supplementing them rc - anv cases with others Since I - , n .- mu a short time before ad- there Is b the opinion has {Zn^press^ 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 Liickie 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 corner 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, w r ho will take charge September 1. Mr. Mar tin \s a well-know r n 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 $10,000u 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 same 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 for 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 w r as 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. AUC Tj O N 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 10 A. M., FRIDAY, AU GUST 1. CENTR AL 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 iliquidated 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. On the other land, Manchester Is quiet, as India is not a free buyer and there are troubles reported again in China, whic(i 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 nftrrowly around 11.75. The buying was based on the late detailed weather map, which failed to show rains in Texas. This, together I 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. New Orleans 500 to 1,00(1 Semi-weekly interior movement: 1913. 1912. Receipts 4,477 2,287 Shipments 8.667 7,993 Stocks 97,809 68,329 L! 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 Onio, Southern Pacific and Northern Pacific declined 74. 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 mldflay levels. The market closed dull. Governments 1912. 82 1911. 7,028 6,892 58.993 struts. re utions LIVE STOCK MARKET. CHICAGO, July 30.—Hogs—Receipts, 37,000. Market, weak to 5c lower; mix ed and butchers, $8.45@9.35; good heavy, $8.75@9.15: rough heavy, $8.35 @8.70; light, $8.95@9.50; pigs. $8.00@ 9.10; bulk, $8.75@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@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@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@'8.40; stockers and feed ers, $5.25@7.50; calves, $6.00@10.50; Texas steers, $6.25@7.75; cows and heif ers. $4.25@6.50; calves, $5.00@6.50. Hogs—Receipts, 5,500; steady. Mixed, $9.15@9.40; good. $9.15@9.25; rough, $8.60@8.75; iights, $9.25@9.40; pigs, $7.25@9.25: bulk. $9.20@9.35 Sheep—Receipts. 7.000: market steady Lambs, $6.00@7.40: muttons, $3.25@> 4 25; yearlings. $4.75@6.00. 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@ Uc. BUTTER—Jersey and creamery. In I-lb. blocks 27%@30c; fresh country, fair demonc 15@l8c. UNDRAWN POULTRY—Drawn, head and feet on, per pound: Hens, 19c, fries, 22% @24; roosters, 8@10c; tur keys, owing to ratr ess. 17@iyc. LIVE POULTRY—Hens, 40@>45; roosters, 30@35c; broilers. 25@>30c per pound; puddle ducks. 30@3bc; Pekin*. 35 @ 40c; gvese, 50 @ 60c each: turkey j, owins: to fatness. 15#tf i:«. FRUITS AND PRODUCE. FRUIT AND VEGETABLES—L* Di ons fancy, $8.00@9.00; cauliflower. 10@ 12%c lb.; bananas, 2%c lb; cabbage, $2.00 per crate; peanuts, per poind, fancy Virginia, 6%@7c; choice, 5%g)6c; beets. $1.75@2.00 in half-barrel mates; ccumbers, $1.25@1.50 Eggplants 75c @1.00 per crate; peppers, $1.25@1.50 per crate; tomatoes, far.cy, six- casket crates, $2.00@2.50; onions, $1.00 per bu.; sweet potatoes, pumpkin yams, 80@85c. ^kra. fancy, six-basket crates, $1.50@ 1.75. FISH. FISH—Bream and perch, 7c pound; snapper, 10c pound: trout, 10c pound; blueflsh, 7c pound; pompano, 20c pound; mackerel, 7c pound; mixed fish, 5@>6c pound; black bass, 10c pound; mullet, $11.00 per barrel. FLOUR AND GRAIN. FLOUR— Postell’s Elegant, J7.75: Omega, $7.00; Carter’s Best. $6.26; Qual* Ity (finest patent), S6 40; Gloria (self rising), $6.00; Results (self-rising), $6; Swans 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), *4.85; White Cloud (highest patent), $5.25; White Daisy (highest patent), $5.00; White Lily (high patent), $5.00; Diadem ffancy high patent). $5.75; Wa ter Dily (patent), $5.i5; 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. MEAD—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, can# seed, orange $1.00, rye (Tennessee) $1.25, red top cane seed $1.35, rye (Georgia) <1.35, blue seed oats 50c. barley $1.25, Burt oats 70c. FEEDSTUFFS. CHICKEN FEED—Beef scrap. 100-lb. sacks, $3.25; 50-lb. sacks, $1.65; Purina pigeon feed, $2.20; Purina baby chick feed, $2.00; Purina scratch, 100-lb sks , $1.85; 50-lb. sacks. $2.00; Purina scratch bai.es, $2.05; Purina chowder, 100-lb. sacks, $2.00; Purirra 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. 50-lb sacks, per 100 pounds. $2.00. SHORTS—White, 100-lb sacks, $1.75; Halliday, white. 100-lb. sacks, $1.70; Jandy middling, 100-lb. sacks, 11.75; fanev, 75-lb. sacks. $1.75: P. W„ 75-lb. sacks. $1.65; brown, 100-lb. sacks, $1.55; Georgia feed, 76-lb. sacVs, $1.56; ciover leaf. 75-lb. sacks, $1.60: bran. 76-lb. sacks. $1.25; 100-lb. sacks. $1.25; 60-|b. sacks. $1.30; Horneoline, $1.50; Gertn meal, Horreo. $1 50. GROUND FEED—Purina feed. 176-lb. sacks, $1.70; Purina molasses feed, $1.60; Arab horse feed, $1.70; Allneeda feed, $1.65; Suerene dairy feed, $1.50; Mono pram. 10-lb sacks, $1.60; Victory horse feed, 100-lb. sacks, $1.60' ABC feed, $1.55; milk dairy feed. $1.65; alfalfa molasses meal. $fc75; alfalfa meal. $140; beet pulp, 100-lb. sacks, $1.60. HAY—Per hundred we : gnt: Timothy choice, large bales. $1.20; l'.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. 11.92 11.93 11.66 11.67 11.26111.33 .2511.21 Jly Ag Spt Oc. No Dc Jn Fb - Mh 111.23111.22|11.12 n re -It/) 0.0 11.70 11.56 11.25 ll.77lll.79-: 11.67 11.33 11.12 11 25 ll.2llll.23jll.il ) 11.14111.15|11.03 11.66 11.35 11.24 11.20 11.22 11.14 11.16 ll.22ill.22 11.22 11.15 11.89-94 11.63-64 11.35-36 11.22-23 11.16-18 11.19-20 11.11-12 11.20-23 11.21 ■11.21111.20!! 1.20111.26-28 Yl.25-26 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. Prev. Range. 2P.M. Close. Close. July . . . , . .6.26 6.29% 6.26% 6.24 July-Aug. . . .6.24% 6.27 6.24% 6.23 Aug.-Sept. . . .6.17 6.19 6.16% 6.16% Sept.-Oct. . . .6.08% 6.10 6.08 6.07% Oct.-Nov. . . .6.04 6.05% 6.04 6.03 Nov.-Dec. , , . .5.99 6.99 5.98 Dec.-Jan. . 5.99 5.98 Jan.-Feb. . . .6.00 6.01% 6.09% 5 98% Feb.-Mch. . , . .6.01 6.02% 6.01 6.00 Mch.-Apr. . , . .6.02% 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 the 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. STOCK— High. Low. Cioa. Bid. Prev. Close Airal. 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 46% 45% 45% 46% 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% 85% Atchison . . . 99 V, 98% 98% 99% A. C. La. . . 120% 120 119 120% B. and O. . . 99% 9894 99 98% Beth. Steel . 35 34 3394 33% B. R. T.. . . 88% 87% 8794 88 Can. Pacific . 217% 216% 216% 217% C. Leather . . 23% 23% C. and O. . . . 56% 55 66% 66% C. F. and I. . 32 29% 30% 31% C. Southern 30 Consol. Gas . 132 131% 131 181% C. Products . 10% 10% D. and H. . . .... J ... . 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. f pfd.. . 126 125% 125% 126 G. N. O. . . 35% 35 24% 36% G. Western. . 13 14% 111. Central . 113% 105% 105% 113% Interboro. . . 15% 15% 15% 16% Int.’ Har. (old) 106% 108 Iowa Central . 7 7 K. C. S.. . . 27% 27% 27% 27% K. and T. . . 22% 32% 22% 22% do. pref.. . 56 67% Lehigh Val. .151% 149% 150 151 L. and N. . . .134 133 132% 133% 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% 104% 10574 Nor. Pac. . .110% 108% 109 V4 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% 86% Rock Island . 17% 1774 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% 10694 Tenn. CopT. . 31% 30% 30% 30% Tex. Pacific . 15% 16 Third Ave.. . . .« . 34% 25% Union Pacific. 149% 147% 148% 149% U S. Rubber. 60% 60 59% 60 U. S. Steel . 59% 58% 59 Vi 59% Oo. pfd. . . 108% 108% 108% 108 V 4 Utah Copper. 48% 47% 47% 48% Ga.-Car. Chem .... 25% 25% Wabash . . . 2% 2% 2% 2% do. pfd. . . 7% 7% 7 7vb West. Union.. 65 65 VV. Maryld. . 40% 40% West. Elec. . 64% 63% 63 63% Total sales. 333,400 shares. The market was bought early on steady cables and private reports of some deterioration In the Western belt, but 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 beer side to sell lust now. How ever, a narrow market is looked for un til after the Government report Is 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; oulsiana 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 and 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 w'here the rainfall relieved the drouth cotton is generally of gdbd 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. "Oklahoma—The genral need of rain has caused some deterioration from a month ago, when percentage condition was 86.6. The plant is generally small, but strong and healthy, well cultivated knd 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 fn 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 [ALL CEREALS DROP New high levels for all cereals. • • • The export business in wheat last week was placed at more than 6,000,000 bushels. • * • The Kansas City Star reports the Kansas corn crop the worst since 1901, when the crop was 62,000,000 bushels. * * • * John Inglls is reported estimating the winter wheat ’crop at 476,000,000 bush els; spring wheat 225,000,000 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 600,- 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. Predictions of Showers in Corn Belt and Bearish Figures by Snow Cause Selling.' ST. LOUIS CASH QUOTATIONS. Wheat—No. 2, red 83%@85% Corn—No. 2 67 Oats—No. 2 39 @40% c c a O High Low «« re re JO) O! o O Is 0.0 Jly Ag Spt Oc Nv Dc 1 | 11.55 11.66 11.57-59 11.65-67 11.33-35 11.31-33 11.28-29)11.26-27 11.23-25,11.22-23 11.25r26ill.24-25 11.64 11.64111.55 ii.27 ii.sojii j« 111’. 26 111. 28111. i 7 11.55 i i .29 11126 Jn Fb 111.27111.29!11.18)11.27! 11.26-27111.25-26 11.23-25ill.21-23 Mh 11.32 U.37jll.30 11.37111.36-38 11.35-36 Mv J „ . J .....| j 111.41-43111.40-41 Closed steady. PORT RECEIPTS. The following table shows receipts at the ports to-day compared with th# same day last year 1913. 1912. New Orleans. . . 1.047 665 Galveston 421 69 Mobile 19 188 Savannah 422 5 Norfolk 755 82 Baltimore 742 Boston 31 Total 2,664 1,782 INTERIOR MOVEMENT. 1913 | % 1912. Houston. . . 89 279 Augusta. . . 186 287 Memphis. . . 870 148 St. Louis. . 54 79 Cincinnati. . 253 189 Little Rock . 13 Total. 1,392 955 THI8 VERY MINUTE th$ 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 111 Hearst’s Sunday American and Atlanta Georgian Want Ad pag«s. 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 Tlmes-Democrat says: "The cotton market presents a small anomaly, a sort of forerunner of what may be expected in the event Congress shall 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 pa§s into consumers’ hands at a splen did profit to the farmer. But 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 th« resur rection of consumers’ control over the value of the raw material." J. G. Steever & Co., of Chicago, say of provisions: "During last week Chi- ,. r , cago packed 40,000 more hogs than the t mils 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 I>ast 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 com 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 w’lth buying one million bushels, mostly December. • • • B. W Snow says reportlf this morn ing frorrf 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. I^ate corn . now only knee to waist high and firing badly. Only a few fields of oats were threshed and they yielded from 6 to 10 bushels per acre. • • • 1 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.—Rycroft. Local forecaster say# showers are in dicated for entire district to-night or Thursday, except in Northwest portion, where v 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 nas a tendency to further restrict new speculative ventures in wheat. "Corn—No rains reported and yes terday's high temperatures are likely to be 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 re helping prices." 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 was the buying of September here against exports sales at St Cash wheat business h«re amounted to 300,000 bushels. Cl£ar- ance of wheat and flour as wheat 492.000 bushels. Previous High. Low. Close. Close WHEAT— July. . . 86 *474 8474 8574 Sept. . . 8694 8594 85% 86*% Dec.. . . 909* *974 8994 9074 CORN— July. . . 6614 6574 65% 65% Sept. . . 66^ 64% 6594 657> Dec.. . . 64 6394 6274 6294 OATS— July. . . 40% 40 *974 4074 Sept. . . 4194 4094 41 4174 Dec.. . . 44 4274 4374 4394 LARD- — July . .22.10 21.95 21.95 22.70 Sept. . 21 30 20 95 21.00 21.00 PORK- July . . ,11.60 11.50 11.50 11.7374 Sept. . . .11.777* 11.5774 11.6774 11.7774 Oct. . , ,11.85 11.60 11.6774 11.85 RIBS— July . , .11.70 11.45 11.45 11.7274 Sept. . , .11.80 11.60 11 60 11.80 Oct. . . ,11.6274 11.3774 11.45 11.65 CHICAGO CASH QUOTATIONS. CHICAGO, July 30—Wheat, No. 2 red, new, 86@87; No. 3 red, new, 86% @85%; No. 2 hard winter, new, 86% @87%; No 3 hard winter, new, 86%@ 86%; No. 1 Northern spring, 91@92; No. 2 Northern spring, 90; No. 3 spring 88090. Com, No. 2, 65%; No. 2 white. 66% @67; No. 3 yellow. 66. No. 3. 65@63%; No. 3 white, 68%@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(ft40%; No. 4 white, 39%@40%; standard, new, 41@41%; standard, old, 41%@41%. THE WEATHER. Conditions. WASHINGTON, July 30.—There will be showers to-night or Thursday in the upper Lake 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; shower# In east portion tonight or Thursday. Texas—Fair to-night and Thursday. COTTON MARKET OPINIONS. MP’er & Co.: "We can still only re peat the opinion expressed during the past few days, that we think prices for the time being are in control of Texas weath_er.” Morris H. Rothschild & Co.: "The trade is awaiting further climatic de velopments." NEW YORK PRODUCE. NEW YORK. July 30.—Petroleum firm; crude Pennsylvania. 2.60. Turpentine weaker at 38%@39%. Rosin weaker; common, 4.25@>4.40. Wool steady; domestic fleece, 23@27; pulled, scoured basis, 33@64; Texas, scoured basis, 46@53. 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, 6.30 (bid); cubes, 4.35@4.40; powdered, 4.86 (bid); diamond A, 4.70 (hid): con fectioners’ A, 4.60 (bid); softs. No. 1, 4.46 (bid). (No. 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, ll%@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, 5%@6%. ST. 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%. _ Corn, No. 2, 67; No. 3, 66; No 2 yel low’. 67; No 3. 66@66%; No. 3 white, 68@70; No. 3. white, 68@89. 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— 1*13. ms. Receipts Shipments . . . . 2,022.000 1,199,000 1.438.000 782,000 CoRM— | 1 Receipts Shipments 391,000 299,060 402,000 362,000 CHICAGO CAR LOTS. Following are receipts for Wednesday and estimated for Thursday: I Wedn’day. il hnrsday Wheat 819 623 Corn 69 64 Oats 1.44 I 109 Hogs 27,000 | 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. Corn 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 PER CENT NEW YORK, July 30.—The director# 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 cent basis. The dividend Is payab September 2. per able SPOT COTTON MARKET. Atlanta, nominal; middling 12c. Athens, steady; middling 11% Macon, steady; middling 11%. New' Orleans, steady; middling 11 6-16. 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. steaiHy; middling 12%. Charleston, steady; middling 12 6-16. Mobile, steady; middling 12c. Wilmington, quiet; middling 12c. Little Rock, steady; middling 12c. Baltimore, nominal; middl ..g 12%. Memphis, steady; middling 12%. St. Louis, quiet; middling 12 5-16. Houston, quiet; middling 12 3-16. Louisville, firm; middling 12%. Charlotte, steady; middling 12c. Greenville, steady; middling 12c. COTTON SEED OIL. NEW YORK. July ’30.—The cotton seed oil market was higner 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: I Opening Spot 9.45-10 August 9.57@ 9.75 9.40@9 September . . . . 9.51 (a 9.63 9.45@9 October . . . . 8.26(u 8.27 8.25 @8 November . . . . 6.95@ 6.96 6.95 @6 December . . . . 6.74@6.75 6.75@6 January . . . . 6.75 @6.76 6.75 @6 February . . . . 6.75 @6.80 6.75'a6 March 6.76@6.80 6.75@8 Closed steady; sales 10,800 barrels. MINING STOCKS. BOSTON. July 30 —Opening Butte i Superior 26, Granby 60, Calumet Hecla , 409. Alaska 19, East Butte 12. Bouton ! Elevated 95. 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 ean 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 a-wav perfectly care-free. Atlanta National Bank C. E. CURRIER, JAS. 8. FLOYD, J. 8. 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