Newspaper Page Text
14
THE ATLANTA GEORGIAN AND NETT!?.
10 TAKE OP TAX
Store Manager Who
PraisesGeorgianAd
Sheppard Bill Sent to Commit
tee—To Be Made Stronger
by Amendments.
With only seven working days left
before the close of the legislative
session the State Senate Tuesday j
morning, by adopting the last amend- ,
ment to the general appropriation j
bill, began clearing Its decks for con- |
eideration of the taxing measures, by j
far the most important legislation '
undertaken in either branch.
Following the transmission of the j
Sheppard bill to the Senate the FI- j
nance Committee of th* upper House,
of which Senator Miiler is chairman,
began its work. A substitute with
provisions for a State Tax Commis- t
slon as well as county boards of tax |
equalizers will be prepared by this !
comrnlttee. it is understood, and pro- i
sented to the Senate the latter part
of this week.
Senator Miller declared Tuesday
he had prepared a tentative bill which
will go the original Lipscomb bill
one better. Among other things it
will provide for a strong State com
mission with powers exceeding those
of the State Hoard as recommended
In the original House bill and struck
out In the Sheppard substitute. Other i-p. ^ , <■ « . -j
bills and amendments to the Sheppard | JJJ*, QtriCKICr » .N 0L8Q
substitute have been prepared. ! « .. . y-. . TT
Bin. to Be Hustled. Minister, Dies Here
One thing is certain. The Finance
SENATE ADOPTS!.DEC.
ET
E
Samuel L. Ginsburg, who is
resident manager of the Good
year Raincoat Company, 35
Peachtree street. lie tolls of re
markable results from his open
ing advertisement in The Geor
gian.
Committee will act as a unit in de
manding that the Senate p.lsh a bill
which will revolutionize the present
taxing methods in Georgia. That the
measure or measures will be pre
pared, presented and passed before
the close of the session is assured.
This was Indicated strongly Mon
day afternoon when the Senate con
curred in every recommendation of
the Appropriation Committee slash
ing off $280,000 from the House gen
eral appropriation bill.
As was expected* some opposition
developed and several drastic amend
ments, including $30,000 to the Medi
cal College at Augusta, were offered.
The attempts were hopeless, how
ever. for the well-oiled machinery of
the Appropriations Committee was
never in better running order. As a
result one amendment after another
was voted down. The committee’s
work had received the indorsement of
the majority long before the report
was made in the Senate.
Colleges Get Funds.
Among the amendments defeated
were those of Senator Tarver, of the
Forty-third, providing for a Tech ap
propriation of $70,000, instead of $74.-
400. as recommended by the commit
tee. and the amendment of Senator
Smith, of the Ninth, who proposed
to strike out the entire appropriation
of $30,000 to the Augusta Medical
College.
Senator Olliff, of the Fourth, made
a flght on the committee amendments
cutting the common school fund to
$2,371,500. He proposed as a substi
tute that the appropriation be raised
to $2,500,000, or $50,000 less than the
appropriation made by the House.
When the vote wus taken, however,
the committee amendment won by a
good majority.
Among the committee amendments
adopted were the following: Unlver-
sity of Georgia. *52,500 to $48,725;
Tech. $80,000 to $74,400; Agricultural
College at Dahlonega, $21,500 to $19,-
995, State Normal School at Athens,
$47,500 to $44,175; State Agricultural
College. $100,000 to $03,000; Georgia
Medical College, $30,000 to $27,900;
common school fund, $2,550,000 to
$2,371,500.
The pension amendment was con
curred In Tuesday morning.
$750,000 Gem Theft
Laid to Americans
Special Cable to The Atlanta Georgian.
PARIS, Aug, 5.—The Parisian de
tective bureau, in connection with the
theft of a $750,000 pearl necklace be
tween this city and London are con
centrating their attention on a band
of daring international crooka, well
known to the United States secret
service bureau, believed responsible
for the robbery.
M. Nlchlauae, In charge of the
search in this country, declares he
haa secured information from the pos
tal authorities showiiig that the neck
lace was stolen either from an Eng
lish Channel mailboat or in England.
Dr. Givens Brown Strickler. one of
the most promlnen 4 Presbyterian
ministers in the South, died at a lo
cal sanitarium Monday nivht, after
a short illness.
Dr. Strickler was 73 years old. He
w.is at one time pastor of the Cen
tral Presbyterian Church of Atlanta,
leaving here 17 vears ago to take
charge of the Union Theological
Seminary, at Richmond, Va., of which
Institution lw was president until re
cently.
Surviving him are a sister, Miss V
M. Stickler, of Staunton, Va.; one
son. Dr. C. W. Strickler, of Atlanta;
four daughter* Mrs. C. F. Rankin,
of Laurens, S. C.,Mlss Mary Strickler
of Richmond, Va., Mrs. It. K. Tim
mons of Lawton, Okla., and Mrs.
George H. Denny, T ife of tne presi
dent of the Univerr y of Alabama.
Funeral services will be held Tues
day afternoon and the body will be
taken to Richmond for Interement.
OBITUARY
The funeral of Dewitt Oliver, who
died Sunday at his home at Col
lins Springs, was held Monday from
the chapel of the Berkert-Simmons
Company. Interment was at Oak
dale.
Mary Manning, the Infant child of
Mr. and Mrs. O. W. Manning, of
No. 26 Pickert street, died Monday
morning. Her twin sister is criti
cally ill. Funeral announcements
will be made later.
The funeral of Mi** Sallie MoClain,
No. 290 Waldo street, w’ho died
Monday night, will be held Tues
day afternoon at 2:30 at Clifton
church. East Atlanta. She was 54
years old, and is survived by two
brothtra, W. H ;in<i G. W Me
(Main, and a sister, Mrs. J. W.
Green. Interment at Clifton church
yard.
The funeral of F. M. Brooks, who died
Monday morning, will be held
Tuesday afternoon at 2:30 from the
residence. No. 37 Castlebury street
Interment at Atlanta Park.
Dr. G. C. Edwar a house physician
at the eWsley Memorial Hospital,
died Tuesday morning after a brief
illness. He was 28 vears old, and
cann* to Atlanta from Crystal River.
Fla. He is survived by his father,
W. B. Edwards, and two brothers.
H. K. and M. P. Edwards, all of
Crystal River. The body will he
sent to Crystal River for funeral
and interment.
Bill Sent Back to the House for
Concurrence—Pension Fund
Stumbling Block.
After a fight on the cut in the
pension appropriation the Georgia
Senate Tuesday morning concurred
in the complete report by the Senate
Appropriations Commltt© slashing
the House general appropriations bill
approximately $280,000. The vote
was 36 to 3.
The bill passed by the Senate makes
'current disbursements balance ex
actly. with current revenues and Is In
line with the recommendations of
Governor Slaton. The bill will be
referred back to the House for ap
proval.
The flght on the pension cut was
spicy at times, but the committee
amendments went through by a vote
of 29 to 10.
Senator McNeill, of the Twenty-
second, in supporting the cut, charged
Senator Tarver, of the Forty-third,
who opposed it, with inconsistency
and intimated that Tarver was play
ing politics.
He made a vigorous defense of the
cut on the ground that whereas the
State to-day is paying more than
$1,000,000 dollars for the support of
the old soldiers, In 1876, just a few’
years after the war, she paid only
$75,000.
Bogus Claims Charged.
Senator McNeill charged further
that the increase was the result of
"bogus claims" filed and approved by
the Pension Department under the
present inadequate law.
Senator McGregor, of the Nine
teenth, a commissioned of the Old
Soldiers’ Home, declared he agreed
with Senator McNeill because he
knew that every Confederate soldier
was ready and willing to help the
State out of its financial difficulties
to the extent of having his own al
lowance cut. The t cut as adopted to
tals $74,900.
Senator Ollff, of the Fourth, also
made an unsuccessful fight on the
committee’s recommendation for a
cattle tick eradication fund of $15,000.
and on th P hog cholera serum fund of
$5,000. The children of the State who
attend the common schools, the Sen
ator declared, should be provided for
before the cattle.
The Sheppard substitute taxing
bill passed by the House reached the
Senate Thursday morning, where it
was read and referred to the Com
mittee on Finance, headed by Senator
Miller, with the provision for the
printing of 100 copies of the bill.
Watts Bill Recommended.
The Committee on Constitutional
Amendments Tuesday recommended
the passage of Senator Watts’ bill
providing for the abolition by local
option of the office of County Treas
urer. According to Senator Harrell,
chairman of the committee, the aboli
tion of these offices throughout Geor
gia would mean an annual saving of
approximately $110,000.
Among the new bills Introduced
Tuesday was one of Senator Sweat
providing for the adoption of the
"Torrens Land Title System'* by the
counties of the State. Another bill
offered by Senator Kelley, of the
Eighteenth, makes all free rural
route* public highways.
Senator Irwinfl of the Thirty-first,
offered a resolution providing for the
appointment of a special commission
to investigate the prevailing method
of court procedure with the view of
revising the Judicial system of Geor
gia
The Senate adjourned at 1 o'clock
until 3 o’clock Tuesday afternoon.
Catholic Order Is Exhorted by
Bishop to Join Church, Not
Socialists, in Fight.
Mrs. Marshall One
Of Capital's Tans'
Warrants Issued for
Plumbers on Strike
COLUMBUS, Aug 5.—Columbus is
In the midst of a plumbers' strike.
Proprietors of two plumbing estab
lishments have sworn out warrants
for the arrest of four strikers, it
being alleged that they intimidated
I strike-breakers and in some Instances
| forced them to leave town.
The strikers demanded an increase
of 50 cents per day. Only one of the
nine shops in the city complied with
their demands, and the men in every
other shop walked out.
Given 20 Years for
Attacking White Girl
DUBLIN. Aug. 5. Ralph McGru-
der, a negro, arrested for attempted
assault upon a white girl near Orlan-
na, several months ago, pleaded guil
ty in Superior Court here ami was
sentenced to twenty years In the pen
itentiary by Judge K. J. Hawkins.
McGruder entered the home of a
white farmer ut night, and when dis
covered was attempting to choke one
of his daughters.
BOSTON, A\ig. 5,—Bishop Joseph
J. Anderson, in addressing the thirty-
first annual supreme convention of
the Knights of Columbus here to-day,
said in part:
“It is well for us to learn from the
experiences of Europe the dangers
that threaten us here. We see how
the enemies of religion fully realize
the power of organization, and, profit
ing by the apathy and indifference of
Catholics, have managed to gain con
trol in Europe of the reins of govern
ment and ttye public press, with the
result that they have been able to
enact unjust laws and shape public
opinion against her. The people
have remained—through lack of or
ganization and through long inac
tivity and indifference to their condi
tion—hopeless and helpless.
Takes Up Social Question.
"There is one great problem that
perplexes the world to-day, in which
the church is deeply interested be
cause it affects not only the welfare
of her own members, but the general
welfare of society. It is the social
question.
"The desire and effort of men to
improve their social conditions, so
long ignored and abused by the pow
erful and rich in every land, have so
fired men with frenzied passion that
they have been captivated with the
program and principles of reform
presented to them by Socialism and
by the methods of physical force of
fered by anarchy.
"The material benefits to be de
rived from these efforts of reform
have caused them not only to ignore
religion, but to consider it a hin
drance to success. This hatred and
contempt for the church and Christ
has been due to the principles taught
the struggling masses by such the
ories as the descent of man from the
ape and the materialistic conception
of history. This pagan view of life
holds sway in men’s minds.
Urges Knights to Co-operate.
"Fortunately there Is an awaken
ing in this country to this danger
that threatens the welfare and se
curity of society and there is an ear
nest desire on the part of all right-
minded and public-spirited men to
seek the solution of these social
problems.
"What, then, is your duty as Cath-
. olic Knights in this great problem?
It is to take your place in answer to
the appeal of the Holy Father and in
response to President Wilson’s ap
peal to co-operate for a solution of
these evils."
The thirty-first annual convention
of the Knights of Columbus was for
mally called to order on the deck of
the harbor steamer Ross Standish to
day as that vessel, with several thous
and knights aboard, was bearing the
delegates and supreme officers across
the harbor In the sunlight toward
Nantasket, where the knights will
spend the afternoon and evening.
Mayor John F. Fitzgerald delivered
the address of welcome and the re
sponse was made by Supreme Knight
James A. Flaherty, of Philadelphia.
Mattom’s mass was sung for the
first time In the United States by an
all-male choir.
Catholic Order of
Foresters Convene.
LOUISVILLE. KY., Aug. 5.—The
twenty-first convention of the Catho
lic Order of Foresters began here to
day. All the international officers
came to Louisville from Chicago, in
cluding the members of the high court
as follows: Thomas H. Cannon, high
chief ranger; Simeon Vlger, vice chief
ranger; Thomas F. McDonald, high
secretary; Gustave Keller, high treas
urer; Dr. J. P. Smyth, high medical
examiner. Toronto Is leading In the
lace for the next convention.
WASHINGTON. Aug. 5. — Mrs
Thomas R. Marshall, wife of the Vice
President. Is one of the most Inde
fatigable baseball fane In official
Washington. She attends every game I
2:! Boy Gets $50 Bill for
voice to the general shout when the
Nationals score a run.
When the team is out of town, Mrs. \
Marshall frequently may be seen in
her automobile before some score
Erring Girl Prefers
Jail to Reformatory
Miss Annie Lester, who told Re
corder Pro Tern Preston that she
drank a quart of whisky to drown
her troubles, declared to Judge Pres
ton Tuesday that she preferred to go
to the chaingang rather than to a
reform institution.
Judge Preston had decided to place
her in a reform home. When she
balked at this plan, he ordered her
taken back to Jail in the hope that
she might change her mind
Returning $1,500 Pin
board watching the returns with in
terest.
Famous Canal Zone
Prison Demolished
SALISBURY BEACH. MASS., Aug
5. Mrs. I. N. Morris, wife of the Chi
cago millionaire packer, to-day sent
a crisp $50 bill from her magnificent
summer home to 11-year-old Leslie
Plumley, the Lawrence (Mass.) boy
who picked up her $1,500 brooch pin
and turned it over to a hotel man
and then disappeared.
It was supposed the pin was stolen
by Jewel robbers when Mrs. Morris
WASHINGTON, Aug. 5.—Advice*
from Ancon, Canal Zone, received
here to-day, report the demolition of j fAme^ over, to the^beach in her motor
the famous Culebra Cut penitentiary.
This structure, originally erected for
a laundry', wai Impressed as a prison
but In October, 1911, was abandoned DUBLIN. \\. O. Ogburn In the
car Saturday afternoon.
GETS $1,000 DAMAGES.
DUBLIN.—W. O. Ogburn In
because it was feared the Culebra i Superior Court here was awarded
slide would break back to its wall and
undermine the building.
T A Gamboa dike is to be dyna
mite" October 10 to permit the en
trance of water into the Culebra Cut.
$1,000 damages caused by the burning
of h blacksmith shop from defec
tive trie light wiring installed by
the city of Dublin.
Perjury Charged to
Merchant of Doerun
—
MOULTRIE, Aug. 5.—Frank L. Short
a prominent merchant of Doerun, In
dicted on a charge of perjury by the
Colquitt County Grand Jury', has been
arrested and released under $1,500
bond by Judge Thomas.
The indictment was precipitated by
the alleged false swearing of Short
In an important civil case In which
he was plaintiff. He will be tried
j here this week.
FORMER ATLANTAN DEAD.
MACON.—Asher Ayers Harris, one
of Macon’s best known young men,
for several years a resident of At
lanta. died suddenly at a hospital last
night after an illness of 36 hours. He
was a son of E. B. Harris, a promi
nent merchant
Requisition Is Asked
For Julian Zachry
Requisition papers for Julian Zach
ry, of Harlem, Go., who is charged
with being a fugitive from Justice by
Governor Blease of South Carolina,
were received at the Governor’s of
fice Tuesday morning.
Governor Slaton has promised to
the accused a "fair and complete
hearing" before honoring the requi
sition.
The charge against Zachry grew out
of the separation of Zachry’ from his
wife, who is now in Columbia, S. C. f
and subsequently the habeas corpus
proceedings in which their child was
awarded to Zachry.
Accused Official on
Stand in Own Behalf
E
Spot Houses and Shorts Bought
Freely—Weather Moderately
Bullish—Business Light.
STOCKS (USE IS
T
Belief That Damage to Crops Has
Been Exaggerated Promotes
Aggressive Buying.
BRANDON. MISS., Ausr. 5.—The
trial of T. H. Turley, formerly stew
ard of the Mississippi Insane Hospital
and now' under indictment for embez
zlement, reached Its most exciting
and dramatic stage to-day when Tur
ley went on the stand in his own be
half.
Turley admitted drawing all of the
checks upon which he has been In
dicted, and gave un explanation of
why he paid the money to E. W.
Weathersby instead oi to the parties
to whom It was alleged to have been
due.
SHORT ON DIVORCE CASES.
COLUMBUS.—Only eleven divorce
cases will be passed upon at the
present term of the Superior Court of
Muscogee County^ This is the small
est number that ^ie court has been
called upon to settle In several years.
NEW YORK, Aug. 6.—Following a
steady opening to-day the cotton mar
ket turned easy under active selling for
Southern account, based on weakness
In Liverpool cables a no favorable
weather reports overnight, with indica
tions pointing for more. First prices
were unchanged to 2 points lower than
Monday’s final. Later prices eased off
sharply. There was an absence of spec
ulative demand and the demand from
spinners was also very light.
English operators are again discuss
ing the Clarke amendment. A conserva
tive interest writes: "It seems absurd
to think that the Clarke bill could be
come a law. If it should, it would be a ,
strong bear card, probably the very J
thing the South believes it will not be.
We doubt If sales ahead are anything
like w'hat they have been the past two
or three days. We also hope that China
gets settled soon, as the disturbances
there have caused orders to be with
drawn.”
Scattered short covering developed in
the forenoon, which seemed to come
hfefly from recent sellers. Spot houses
were also active buyers, but those In
clined to the buying side find ready
sales on any hard spots and sentiment
against the market. Prices, how
ever, rallied a few points frogi the in
itial low point. The buying movement
was probably based on a Texas wire
which stated that unless Texas gets
general soaking rains it will not help
« bear any. Plant smallest ever
known and shedding badly.
The weekly weather report published
at noon to-day was moderately bullish
and brought out active buying from
spot interests and a slight rally fol
lowed. However, the selling was rather
general with no special support. The
volume of trading was small and the
market again eased off under the pres
sure. Wall street and the uptown crowd
were the leading sellers. Liverpool also
has been a seller in this market to-day.
In the cotton belt, from Louisiana
and Arkansas eastward, the weather
was favorable during most of the week.
Temperatures were near the normal and
frequent showers afforded sufficient
moisture over the greater portion of the
States. In Oklahoma there was practi
cally no rain and vegetation Is now suf
fering in all parts of the State and se
rious damage is threatened in many por
tions. In Texas there were moderate
showers over much of the State, but
the amounts were insufficient and a se
vere drouth still persists in portions of
the South and East.
Following are 11 a. m. bids in' New
York: August, 11.50; October. 11.03; De
cember, 10.8H; January, 10.91; March.
20.99.
Following are 10 a. m. bids in New
Orleans: August, 11.40; October, 11.10;
December, 11.07; January. 11.09; March,
11.18.
Estimated cotton receipts:
Wednesday. 1912. •
New Orleans 125 to 175 316
RANGE IN NEW YORK FUTURES.
By CHARLES W. STORM.
NEW YORK, Aug. 5.—Crop reports
and weather reports from the "corn
belt” brought a continuation of strength
to the stock market at the opening to
day. St. Paul showed the best gain,
advancing 1
Among the other gains were Amalga
mated Copper, Utah Copper, %; Steel
common %. preferred, %; Union Pacific,
%; Southern Pacific. *4; Rock l6land. %;
Reading, %; Northern Pacific, %; Mis
souri Pacific. %; Lehigh Valley, %;
Great Northern preferred, 14; Erie, %,
first preferred, 14; Bethlehem Steel. %.
After half an hour some profit taking
developed, but it was overbalanced by
buying. »
The curb was steady. Americans in
London were firm. Canadian Pacific
wns irregular.
Although the early show of strength
eased off slightly in the late forenoon,
the general list held firm and a num
ber of the leading railroads and indus
trials made fractional advances over
the initial gain. National Lead was
prominent in the second hour, moving
up % to 49, while fractional gains were
recorded In Steel common, Northern
Pacific and Great Northern preferred.
Canadian Pacific was an exception,
however, being freely offered ana de
clining a point to 215*4.
Call money Is loaning at 2%.
The Stock market closed unchanged.
Governments unchanged; other steady.
NEW YORK STODK MARKET.
Stock quotations:
STOCK— High.
Amal. Copper. 71%
Am. Beet Sug. 28
American Can 33%
Clos.
Low. Bid.
93
45%
43%
23%
31%
66%
36%
97%
121
96%
35%
88%
216%
24%
c
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a
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V
to
o
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f* c
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-J m
o
qLo |
Ag
Sp
Oc
Nv
Dc
Jn
Fb
Mh
My
111.60111.60111
|11.17 11.17 11.
11.10 11.11.10
111 .05 11.05 10.
110.97110.98(10.
10.99,10.99 10.
ill.04 11.05 10.
Ill.03 11.04 11.
5311.56
17 11.17
9 11.00
• .
94110.94
86,10.87
99 10.99
.95! 10.95
poolll.oo
Closed barely steady.
11.54-
11.07-
10.99-
10.92-
10.94-
10.86-
! 10.89-
10.95-
10.98-
55 11.58-
10 11.22
11 11 10-
94 11.03-
95 11.05-
87 10.97-
90I10.99-
96 11.04-
Hlll.07-
LIVERPOOL COTTON MARKET.
LIVERPOOL, Aug. 5.—Due 10 to 12%
points lower, this market opened easy
at a net decline of 10 to 11 points from
last Friday’s final quotations. At 12:15
p. m., the market was barely steady, 11
to 11% points net lower. I^ater the
market declined % to 1 point from 12:15
p. m.
Spot cotton in moderate demand at 11
points decline; middling 6 45d; sales 8.000
bales, including 7.000 American; Imports
5,000, of which 2,000 were American.
Futures opened easier.
At the close the market was quiet
with prices at a net decline of 13% to
16 points from the closing quotations of
last Friday.
Aug. . . .
Aug.-Sept . .
Sept.-Oct. . .
Oct.-Nov. . .
Nov.-Dec. . .
Dec.-Jan. . .
Jan.-Feb. . .
Feb.-Mch . .
Mch.-Apr. . .
Apr.-May . .
May-June . .
June-July . .
Closed quiet.
Opening.
Range.
. .6.21
. .6.12%
. .6.03%
. .6.00
. .5.94
. .5.94%
. .6.95
. .5.95
. .6.98
. .5.98
. .6.00%
*,00
2P.M.
6.19%
6.10
6.01%
5.97
6.91
5.91%
5.93
5.94
5.95
5.98
5.98%
Close.
6.16%
6.07%
6.00
5.95%
5.90%
6.90%
5.91%
5.93
5.94%
5.95%
5.97
6.97
Prev.
Cl08«.
6.32
6.23%
6.14
6.10
6.04%
6.04%
6.05%
6.07
6.08
6.09
6.10%
6.10%
HAYWARD A CLARK'S
DAILY COTTON LETTER
NEW ORLEANS, Aug. 5.—The weath
er map shows no rain overnight, except
light showers in western Oklahoma and
San Antonio, Texas. Generally fair over
the entire belt, except some cloudiness
In south Texas and Florida. Tempera
tures normal, except over north central
belt, where they are somewhat above.
Indications are for partly cloudy gener
ally, with probably some showers In the
Gulf districts and south Texas, result
ing from a disturbance forming in the
Gulf.
Liverpool came in about 3 points
lower than due, being 13 joints down on
futures and 11 points lower on spots,
with saJes of 8.000 bales.
Our market declined in the early trad
ing to 11.09 for October, but met with
a strong demand on the road to 11c,
which held prices to 11.07 for Decem
ber. The opinion that 11 cents will be
the point or resistance from which re
actions are to be expected seems wide
spread and acted on to a considerable
extent.
NEW ORLEANS COTTON.
c
v
a
r
e»
*
o
t; ± i «
*« —
i!
O
X
-J
to 1 o
0.0
Ag
11.44
11.50
11.44
11.45 11.40-44 11.52
Sp.
11.23-25
DC
11.16 11.16
11.05 11.05 11.05-06 11.18-9
Nv
.0.99-1111.13-16
Dc
11.12
11.13
11 01 11 01 11.01-02 11.15-16
Jn
11.13
11.14
11 01 11.01 11 01-02
11.16-17
Fb
10.98-llill.13-15
Mh
11.17
11.21
11.11 11.11 11.11-12 11.26-28
My
111.16-16,11.31-35
do, pref. .
Am. Car Fdy.
Am. Cot. Oil.
American Ice.
Am. Locomo..
Am. Smelting.
Am. Sug. Ref. 111%
Am. T.-T. ... 128%
Am. Woolen
Anaconda ....
Atchison ....
A. C. L.
B. and O
Beth. Steel...
B. It. T
Can. Pacific.
Cen. Leather.
C. and 0 66%
Colo. F. and I. 32
Colo. Southern ....
Consol. Gas... 132%
Corn Products 10%
D. and H
Den. and R. G. 20%
Distil. Secur
Erie 29%
do, pref. .. 46%
Gen. Electric.. 141
G. North, pfd. 128
G. North. Ore. 36
G. Western
HI. Central.... 107
Interboro .... 15%
do, pref. .. 69%
Int. Harv. (old) ....
Iowa Central
K. C. S.. . . 27%
M. , K. and T. 23%
do. pfd.. . . 67%
L. Valley . . 161%
L. and N. ... 134%
Mo. Pacific . . 32%
N. Y. Central 99%
Northwest.. . 130
Nat. Lead . . Ill
Pacific Pail
P. Gas Co..
P. Steel Car
Reading . .
1L 1. and Steel 24%
do. pfd
Rock Island
do. pfd.. .
S.-Sheffield.
So. Pacific .
So. Railway
do. pfd.. .
St. Paul . .
Tenn. Copper. 31%
Texas Pacific
Third Avenue ....
Union Pacific 15114
U. S. Rubber 60%
U. S. Steel . . 61%
do. pfd.. . . 107%
Utah Copper . 4974
V. -C. Chem. .
Wabash . . .
do. pfd.. . .
W. Union . .
W. Maryland.
W. Electric. .
W. Central . .
Total sales, 358,000
70%
27
33%
93
45
43
23%
31
65
110% ....
128% 128%
71%
27%
33%
93%
45%
43%
23
32
66
36 36
96% 97%
120% 121
96% .96%
35
88 88%
215% 216
23% 23%
55% ....
31% 32
30
131% ....
10% 10%
20
2974
46%
140%
126
35%
106%
15%
68%
29%
47%
140
128%
36
13%
106%
59%
107%
27%
23
57%
150% 151%
134% 134%
27%
23%
67%
32%
99%
129%
114%
25
161
. 17%
. 29%
. 93
. 25
. 79
. 107%
32%
99
130
109% ....
.... 21
114% 114%
24 25%
159% 159%
23%
17%
29
92%
24%
79
24%
87%
27
92%
24%
78%
106% 107%
31 30%
.... 16%
.... 36
149% 150
26
3
66%
64%
60 %
60%
107%
49%
25%
3
66
63%
61
61%
107%
49%
26
3
8%
66
39%
64%
46
Prev.
Close.
7074
26%
32%
92%
44%
42%
22%
30%
64%
109
128%
16
35%
96%
119%
95%
34%
87%
217%
23%
55%
31%
?0
131%
10
156
18%
12%
29%
46%
140
125%
35%
13
106%
16%
53%
106
7
27
22%
57%
150%
134%
32%
98
128
109
20%
114
24
159%
24%
86%
17%
28%
25
91%
24%
78%
106
30%
16%
35%
149%
60%
59%
106%
49%
26%
2%
8%
64
39
63
SPOT COTTON MARKET.
Closed quiet.
PORT RECEIPTS.
The following table shows receipts at
the ports to-day compared w’ith the
same day last year:
| 1913
1912.
New Orleans. . .
753
237
Galveston. . . .
2.327
1,082
Mobile
6
Savannah. . . .
276
S
Charleston
400
Wilmington . . .
83
Norfolk
322
355
Total. . . . >
4.005
2.088
INTERIOR
MOVEMENT.
1913
1912.
Houston
622
246
Augusta
199
196
Memphis
412
776
St. Louis
ISO
44
Cincinnati. . . .
206
662
T it tie Rock . . . .
13
Total
1.469
1.935
MINING STOCKS.
BOSTON, Aug 5.—Opening: Copper
• Range. 38%; Calumet and Arizona, 64;
I Calumet Hecla, 401; New’ Haven, 100%.
Atlanta, nominal, middling 12c.
Athens, steady, middling 11%
Macon, steady, middling 12%.
New Orleans, steady, middling 12c.
New York, quiet, middling 12c.
Philadelphia, quiet, middling 12c.
Boston, quiet, middling 12.30.
Liverpool, easier, middling 6.46d.
Savannah, steady; middling 11%.
Augusta, steady; middling 12%.
Norfolk, steady; middling 12c.
Charleston, steady; middling 12 6-16.
Galveston, dull; middling 11 15-16.
Mobile, steady; middling 12c.
Wilmington, quiet; middling 12c.
Little Hock, steady; middling 12c.
Baltimore, nominal; middl .g 13%.
Memphis, steady; middling 12c.
St. Louis, quiet; middling 12 5-16.
Houston, steady; middling 12c.
Louisville, firm; middling 12%.
Charlotte, steady; middling 12c.
Greenville, steaoy; middling 12a
Contract stocks In public elevators
in Chicago are as follows:
This I-Ast Last
Week. Week Year.
Wheat 1,924.000 1,458.000 8,735.000
Corn 1.032,000 1,289,000 440.000
Oats 2,591,000 2.702,000 47,000
• • •
Com prices tumbled through heavy
realizing yesterday, when cooler weath
er was reported, and those who en
joyed the feast pulled down some mighty
fancy profits.
* * •
Oklahoma State report: August corn
condition 41, due to drouth; July 83; last
August 73; October 67. The July Gov
ernment report of 87 indicated 50,000,000
bushels more than last year.”
MONEY AND EXCHANGE.
NEW YORK, Aug. 5.—Money on call
2%. Time money unchanged; 60 days,
- @3%; 90 days, 4% @4%; six months,
5% @0.
Posted rates. Sterling exchange,
4.83% @4.87, with actual business in
bankers' bills at 4.8665 for demand and
4.83lU@ 4.8315 for 60-uay bills.
Prime mercantile paper quiet at 6 per
cent.
COTTON SEED OIL,
Cotton seed oil quotations:
Opening.Closing.
Spot 9.35
August* .... 9.38@9.45 9.40@9.45
October .... 8.18@8.19 9.20(^8.25
November .... 7.01 (fr 7.02 7.13@7.14
December .... 6.76@6.78 6.80(^6.81
January .... 6.75@6.78 6.79@6.8l
February .... 6.74@6.78 6.78(^6.81
March j 6.76@6.79 6.79@6.83
Closed strong: sales 21,700 barrels.
METALS.
NEW YORK. Aug. 5.—A firm tone
was shown at the Metal Exchange and
prices were steady. Copper, spot’ to Oc
tober. 14% bid; lead. 4.55 bid; spelter
and zinc, 5.55(a5.65, tin, 40.80^4087%.
T
F
Committee on Proposed Exhibit to
Decide Tuesday—Interests
Ready to Contribute.
There will be a meeting of the cot
ton products committee of the At
lanta Manufacturers’ Exposition As
sociation in the Chamber of Com
merce at 4 o’clock this afternoon, for
the purpose of reaching a definite
decision as to a complete and perma
nent cotton exhibit to occupy an en
tire floor pf the new Chamber of
Commerce Building.
This meeting win be attended bv
representatives of the cotton seed oil.
cotton spinning and fertilizer indus
tries, each of which will contribute
its proportionate share to the ex
pense of installing and maintaining
this exhibit.
Reports from the subcommittee, of
which W. M. Hutchinson is chair
man, indicate that prospects are
bright for the success* of the move
ment. All the interests involved have
signified a willingness to assist in the
plan, and express the belief that there
can be no more important feature of
the manufacturers’ exhibit than a dis
play of this kind, which never before
has been undertaken anywhere.
The cotton oil interests have al
ready agreed to do their full share in
making up the necessary fund, and it
Is believed that the other interests
will do the same.
Plans to Secure Crop
Fund for Savannah
SAVANNAH, Aug. 6.—A meeting of
the Savannah Clearing Association was
held this morning for the purpose of
discussing plans for securing some of
the crop-moving fund, which is to be
made available by the national Gov
ernment. The meeting was called upqn
receipt of a telegram from Assistant
Secretary of the Treasury John Skelton
Williams, asking that a representative
be sent, to Washington for a conference
Thursday.
Simultaneously Congressman Charles
G. Edwards, in a telegram to Secretary
McAdoo, of the Treasury, urged the
need of placing in the Sea Island cotton
belt a good portion of the fund.
WEEKLY WEATHER REPORT.
WASHINGTON, Aug. 5.—Mean tem
peratures ranged 1 to 5 degrees above
normal, except in Southw’estern Georgia,
extreme Western Florida, Southeastern
Alabama, Northwestern Louisiana and
the lower coast region of Texas, where
there was a slight deficiency. Weekly
mean temperatures ranged 76 to 82 over
the eastern, 80 to 82 over the central
and 82 to 86 over the western belt.
The lowest weekly mean temperature,
76, occurred at Asheville. N. C., and
the highest, 86, at Fort Worth, Tex.
Precipitation occurred generally over
the cotton region, except that there was
no rain over the greater portion of Ok
lahoma. the central and western por
tions of Northern Texas and the great
er portion of the Texas Coast region.
The precipitation was unevenly distrib
uted, and more than 2 inches occurred
in some parts of the cotton-growing
States, except in Oklahoma and Arkan
sas. Greatest weekly precipitation, 5.40
inches, occurred at Kosciusko, Miss.,
and there was 5 Inches at Greensboro.
N. C.
THE WEATHER.
CONDITIONS.
WASHINGTON. Aug. 6—The weather
will be generally fair to-night and Wed
nesday in the Atlantic and East Gulf
States and the Ohio Valle?. Local
showers probably will occur wdthin the
next 36 hours In the Lake region.
Temperatures will rise slowly to
night and Wednesday in the Lako
Region and the Ohio Valley. The
weather will be moderately cool to
night in the North' and Middle Atlantic
States, followed by reasonable temper
atures ih these regions Wednesday.
GENERAL FORECAST.
General forecast till 7 p. m. Wedne*-
day:
Georgia—Generally fair to-night and
Wednesday.
Virginia—Fair to-night, slightly cool
er in southeast portion
North and South Carolina—Generally
fair to-night and Wednesday.
Florida—Fair in south, showers In fSe
north portion or Wednesday.
Alabama and Mlsslsippi—Fair to
night; Wednesday probably fair.
Tennessee—Fair to-night and Wed
nesday.
Louisiana and Texas—Fair to-night
an<j Wednesday.
BAR SILVER.
NEW YORK, Aug 5.—Commercial bar
Mexic
SEi GRUIH OFF
The Selling Indicated Desire of
Longs to Secure Profits.
Cables Weak.
•hi .4 J
-*T«
ST. LOUIS CASH QUOTATIONS.
Wheat—No. 2 red 85%C*87*J
Corn—No. 2 71%
Oats—No. 2 41
CHICAGO, Aug. 5.—Although no raiim
were reported in the corn belt where
needed, liberal selling of this cereal was
indulged in by longs aftar the first few
minutes of to-day’s session and prioee
showed sharp reactions from ^ the ad
vances recorded at the start. The sell
ing indulged in was largely in the way
of securing profits, but some corn woe
sold in the belief that the long drawn-
out drouth is to he broken, which will
cause sharp losses in com values.
While the wheat market showed some
steadiness early losses of Vs to %c were
recorded, the weakness In the corn mar
ket serving to a large extent in bring
ing out the recessions in w’heat. Liver
pool reported the weakness in America
as being offset by unfavorable harvest
weather, and the delayed movement
throughout Europe.
The European visible supply decreased
2,488,000 bushels last week, against a
decrease of 3,700,000 bushels for a cor
responding time last year. The foreign
crop summary for the week is generally
favorable. Northwestern receipts were
again light, but slightly in excess of last
year. Receipts at Winnipeg were also
light.
Oats displayed more strength than did
e other cereals, but there were de
clines of % to %c in this market. The
nght losses were caused by the weak
ness in the cotton market.
Pork sold slightly lower, but the bal
ance of the provision list was stronger.
Grain quotations:
High.
WHEAT—
7%
91%
96%
70%
67%
69
42%
44%
Sept.
Dec..
Mty.
CORN—
Sept.
Dec.,
May.
OATS—
Sept.
Dec. .
May.
PORK—
Sept.... 20.70
Jan 20.15
LARD—
Sept.... 11.45
Oct 11.55
Jan 10.75
RIBS—
Sept.... 11.32%
Oct.... 11.25
Jan 10.17%
Low.
8574
89%
95
68%
65%
67%
41
43%
PrevlotH
Close. Close.
86% 87%
90% 91%
95% 96%
65%
69%
67%
41%
44
47
20.35
20.02%
11.32%
11 42%
10.65
11.17%
11.12%
10.10
20.50
20.15
11.42%
11.52%
10.72%
11.25
11.20
H.17%
69%
66%
68%
42%
tig
20.87%
18.97%
11.82%
11.40
11.65
11.15
11.17%
10.05
CHICAGO CASH QUOTATIONS.
CHICAGO, Aug. 5.—Wheat, No. 2 red.
86%@87%; No. 3 red. 85@86%; No. 2
hard winter, 86%@87%; No. 8 hard win
ter, 85@86%; No. 1 northern spring, 91%
93; No. 2 northern spring, 90@91%;
No. 3 spring, 88 @90.
Corn, No. 2. 69%@70; No. 2 white,
70%@71; No. 2 yellow, 69%@70; No. 3,
69% *,69%; No. 3 white. 70% @70%; No.
3 yellow, 69%@’69%; No. 4, 68%@69; No.
4 white, 69%@70%; No. 4 yellow, 68%@
69%.
Oats, No. 2, new'. 40% @41%; No. 2
white, new’, 41%@42%; old, 42@42%;
No. 3, new. 40%@41%; old, 40%@42; No.
4 white, new, 39@41; old, 40@41; stand
ard, new, 41%@42%; old, 42@42%.
LIVE STOCK MARKET.
CHICAGO, Aug. 5.—Hogs: Receipt*.
1,000. Market 5c lower; mixed and
butchers. 8.00@9.10; good heavy, 8.65@
9.00; rough heavy, 7.95@8.50: light, 8.80
@9.20; pigs, 6.40@8.25; bulk, 8.80@8.80.
Cattle: Receipts, 3,000. Market
steady; beeves 7.10@9.00; cows and
heifers, 3.00@8.00; stockers and feeders,
55@ 7.65; Texans, 6.76@8.16; calves.
8.00@10.50.
Sheep: Receipts, 18,000. Market lOo
lower: native and Western, 3.00@>4.75;
lambs, 4.75@7.25.
ST. LOUIS, Aug. 5.—Cattle—Receipts
8,500, including 2,000 Southerns. Mar
ket steady. Native beef steers, $5.50@»
9.00; cows and heifers, $4.76(^8.50; stock
ers and feeders, $5.25@7.50; calves, $6 00
@10.00; Texas steers. $6.25@7.75; cows
and heifers, $4.25@6.50; calves, $5.00@
6.00.
Hogs—Receipts 10,000; 5o to 10c lower.
Mixed, $8.90@9.00; good, 8.85@9.00;
rough, $8.10@8.76; lights, $9.00@9.15:
pigs, $7.00@9.00; bulk, $8.90@9.10.
Sheep—Receipts 5,000. Lambs, 25o
higher. Sheep steady. Muttons, $3.26®
4.25; yearlings, $4.75@6.00; lambs, $5.75®
7.00.
NEW YORK COFFEE MARKET.
Coffee quotations:
1 Opening. ]
January
8.94fr}8.95
February
9.00
March
9.10@9.12 1
April. . . .
9.15@9.20
May
9.21 @9.23
June
9.22(^9.25
July
9.27fi9.30
August . . . .
8.50
September. . . .
8.66@8.68
October
8.70@ 8.80 !
November. . . .
8.75
December. . . .
8.87@8.88 |
Closed steady.
Sales 160.75
Closin*
silver 69 %c.
:ican dollars, 47c.
SEASHORE
EXCURSION
AUGUST 7.
Jacksonville, Brunswick,
St. Simon, Cumberland, At
lantic Beach, $6.00—Limit
ed 6 days. Tampa, Fla., $8
—Limited 8 daya
TWO SPECIAL TRAINS.
10 p. m. solid Pullman train.
10:15 p. m. Coach train.
Make Reservations Now.
SOUTHERN RAILWAY.
LOWRY NATIONAL BANK
Capital $1,000,000
Surplus $1,000,000
4
Savings Department Safe Deposit Boxes
THE SCENIC WAY
WITH DINING CARS