Atlanta Georgian. (Atlanta, Ga.) 1912-1939, August 08, 1913, Image 15
15
Senate Takes No Action on
Motion to Table Sweat’s
School Measure.
With the motion before It to table
/senator
Sweat’s compulsory educa-
mnnn R n 0ad r Shows Real Estate and
a>lb0,000 in Earnings Construction News
THE ATLANTA GEORGIAN AND NEWS.
and E Mtrt°M K ' AUg ' 8 — 1 Bondholders
and noteholders of the Kansas City
and Orient Rallwa
(Continued from Page Fourteen.)
circular from the rewsanl mion*** 1 & H ' Sh ' an ' 1 avenue 2 °3 feet north of Ar-
mittee stating that the plan which
Her inT had h ° Ped t0 lssi,p
ow| year had to be amended
abroad a n °d 8itUa “° n
■wSFi"-
as soon as possible. b city
AH Crops Fall Off
From 1912 Figures
tion bill, which precipitated a bitter
tight led by Senators McNeill and
tlleti. the Senate adjourned Friday
afternoon shortly before 1 o'clock
without taking any action on the bill.
Both Senators McNeill and Allen
made a vigorous attack on the bill,
the former charging that its only ef
fect would be to let down the flood
gates for the entrance of negro chil
dren into the public schools. Senator
Sweat, the author of the bill, denied
Ihi,- whereupon Senator Allen charg
ed that the bill was illegally consti
tuted in that case, as it discriminated
between white and black, which Is
contrary to the laws of ,h e State. For Father Yeai’S AgO
The consideration of the bill will be
continued Friday afternoon.
The Senate Friday morning passed
unanimously the new charter for At
lanta. with amendments providing
I' : !'!:•■ submission of the initiative,
. and recall clause and the
proposed limitation of the Recorder’s
power to the people before enaction
I into law
Abolishes Clerk’s Office.
The new charter as amended pro
vides for the abolition of the present
office of chief clerk of the city tax
department and substitutes therefor
a board of tax assessors and receiv
ers. who shall nominate a chief clerk,
subject to the confirmation first by
the tax committee of the General
I’ounncil and ultimately by the Gen
eral Council. This provision will not
be submitted to the vote of the peo
ple. The bill provides further for the
initiative and referendum and the
recall of all heads of departments, in
cluding the Mayor and members of
the Council, upon the petition of a
certain percentage of registered vot
ers. and for the proper inspection of
all elevators and boilers within the
I city limits.
The new charter, as passed by the
Senate, will be sient back to the House
for its approval preparatory to final
submission to the Governor.
The Senate also passed Mr. Mc
Gregor’s bill providing for a hearing
by the Governor before trustees of
public institutions shall be dismissed.
According to the provisions of the bill
such dismissal can be made only up
on the recommendation of a majority
of the members of the board of trus
tees of the institution affected.
New Bills in Senate.
Among the new bills introduced in
the Senate Friday morning was a
resolution by Senators Allen and Mc
Gregor. requesting the State Board of
Education to investigate the advis
ability of introducing in the schools
of the State “Webster’s Blue Back
Speller,” which was used in the com.
nun schools a half century ago and
“is still better than those used to-
c v." according ♦a Major McGregor.
* Senator Cliff, of the Fourth, also
introduced a resolution requesting
the United States Government to
make an appropriation to preserve
Fort Frederick, on St. Simons Island,
a relic of the days of General Ogle-
th'Tpe. first Governor of Georgia.
The Senate Committee on Constitu
tional Amendments, headed by Sena
tor Harrell, of the Twelfth, reported
favorably Friday the two constitu
tional amendment taxing measures
v . h were introduced at the instance
of Governor Slaton. The bill creating
a commission to investigate the re
lease of the Western and Atlantic
Railroad, which was defeated Thurs
day, was also reported on favorably
following recommitment.
In addition to the general bills, the
Senate passed the House bill giving
th«- secret ballot to the city of Au
gusta.
Sard avenue. October 31, 1912.
$6.500—J W. Garland to Coie-Mitchell
Company, lot 50 by 160 feet, northeast
corner Ponce DeLeon place and St.
Charles avenue. August 6.
$750—George E. Wallace to Marie E.
Green et al. (by guardian), lot 46 by
l<o feet, west side Barnett street, 433
feet south of Ponce DeLeon avenue.
July 12, 1910.
$6,000—J. Fred Lewis to W. Bayne
Gibson and A. B. Chapman, lot 57 by 165
feet, south side Currier street, 200 feet
east of Courtland street No. 45 Currier
street. August 6.
$10,500—W. Bayne Gibson and A. B.
Chapman to Mrs. Flora M. Smedley,
same property. August 7.
$5,000—J. Cheston King to West End
Bank, lot 50 by 200 feet, west side West
Peachtree street. 100 feet north of
Twelfth street. July 30.
$300 -Provident Savings Association of
WAWivotav 7 Atlanta to Mrs. Julia A. Hancock, lot
portine hnarJ VV An * 8 -—The crop re. j by 100 feet, west side Ira street, 500
ture n to-difv m2Sf a ri me ? t of A &ricul- I fe £t fouth of Hoy street. July 30.
mates nf ma< l?.i the following esti- $30u—Same to same, lot 26 by 100 feet,
trust 1- tfle con< *ition of crops on Au- ' west side Ira street, 525 feet south of
‘ j Roy street. July 30.
Condition $300—Same to same, lot 25 by 100 feet,
August 1, I west side Windsor street, 350 feet south
r* orn 1913. 1912. I ' f Roy street July 30.
Snrine 80.0! $300 Same to same, lot 26 by 100 feet,
On* s K " n€dt 74.1 90.4 ! west side Windsor street, 450 feet south
Bariev 90.3 ! of Roy street. July 30.
Thi vilia*‘VU’- 74.9 89.1 $900- Mrs. KateG.HydertoMrs.Mat-
of croDs on Ani,aVl d A* the condition tie K. Huggins, lot 51 by 117 feet, east
Cnrn^o^c-o^AAn’aaa *’ follow: I side Curran street. 202 feet north of
000 000-* i wheat, 233,- Homer street. July 3
. oats 1,0-8,000,000. I $2,305 and Exchange of Property—
I Mrs. Birdie V. Gorman to Mrs. Kate G.
interest in No. 198 North
8 by 100 feet. June 28
Bee to W. R. and Mvr-
tice L. Beattie. No. 105 Plum street, 33
by 100 feet. August 7.
$1,800—Jacob B. Harris and S. Yalo-
vitz to Mrs. Clara Mend, lot 42 by 147
feet, east side Kelly street. 144 feet
south of Clark street. August 6.
$600—Mrs. M. M. P. Scott to Clarence
A. Tappan, Nos. 305 and 307 West Fair
street, 25 by 100 feet. July 25.
$3,750—Tallulah G. Wood to C. B. De-
I Poor, lot 55 by 185 feet, north side Tenth
street, 88 feet east of Juniper street.
August 7.
$1,760—Paul Goldsmith to M. F. Hola-
ban, one-third interest in lot 100 by 568
teet, northwest side Peachtree road, 640
feet northeast of Plaster’s Bridge road.
May 31, 1912.
._ B — I Mrs. Birdie V. C
Buried in Socks Made!®srr;s
ROCHESTER. N. Y„ Au*. S.-James
H. Williams, of the town of Jerusa
lem, was burled with his feet en
cased In a pair of socks knitted for
his father 82 years ago.
Shortly before James was born his
mother knitted a pair of socks for
his father, but the socks were never
worn by the father. They decended
to the son, who carefully preserved
them and expressed a desire to be
buried with them on.
SPOT COTTON MARKET,
Atlanta, nominal: middling 12c.’
Athens, steady; middling n%
Macon, steady; middling lift.
New Orleans, steady; middling lift
New York, quiet; middling 12c
Philadelphia, quiet; middling 12c
Boston, quiet; middling 12.30.
Liverpool, easier; middling 6.43d.
Savannah, steady; middling lift.
Augusta, steady; middling 12ft.
Norfolk, steady; middling 12c.
Charleston, steady; middling 12 5-16
Galveston, dull; middling 11 15-16.
Mobile, steady; middling 12c.
Wilmington, quiet; middling 12e.
Little Rock, steady; middling 12c.
Baltimore, nominal; midd! < 12ft.
Memphis, steady; middling 12c.
St. Louis, quiet; middling 12 5-16.
Houston, steady; middling 12c.
Louisville, firm; middling 12ft
Charlotte, steady; middling 12*t
Greenville, steady; middling lie.
COTTON SEED OIL.
NEW YORK. Aug 8.—Further liqui- ,
dation of near positions on a heavy scale | Seventeenth
caused another bad break this morning
in the cotton seed oil market, but shorts
bought freely at the dec'ine, particular
ly of late months, causing the decline.
Cotton seed oil quotations:
| Opening.
Closing.
Spot
.1
9.10
August ....
! 9.12^ 9 25
9.12(09.20
September . . .
.: 8.87(0 8.90
9.01(09.05
October ....
.! 7.93(0 7.97
8.00® *.01
November . . .
.! 6.90(06.92
7.03(07.04
December . . .
| 6.72(0 6.74
6.80(6 6.82
January . . .
1 6.70(0 6.73
6.79(0 6.81
February . . . .
! 6.65 1 6.73
6.75(06.81
March ......
1 6.65(0 6.73
6.74 0 6.81
Closed steady;
sales 12,200
barrels.
NEW YORK
COFFEE MARKET.
Coffee quotations:
j Opening
Closing.
January. . . ,
9.03(5 9.06
9.05(0 9 06
February. . . .
9.10(0 9.13
9.14@ 9.16
March
9.20(0 9.24
9.25(09.24
April
' 9 25(0 9.30
9.28®8.30
May ....
1 9.30(a 9.32
9.33(59.34
June
1 9.32(0 9.35
9.35(09.37
July
' 9.35(5 9.38
9.38(0 9.39
August
8 60(5 8.63
September . . .
: 8.65(0 8.70
9.65(0 8 70
('ctober
8.75(5 8.85
8.78(0 8.80
November. . .
8.85(6 8.90
8 87'-/ 8.91
December. . .
8 98 8 99
8.99(0 9.00
Closed steady. Sales. 89,250 bags.
GEORGIA BALE BRINGS 20c.
CORDELK, Aug 8. —Cordele received
its first bale of cotton this morning. It
was grown by W. A. Hott, of Crisp
County, and easily classed as good mid
dling. The Georgia Cotton Company bid
it in for 20 cents. J 4 .
The ginning season is expected to be
well under way in a few- days.
CLEAN EP
And Sell the Unused Things
That Yon Have About the Honse
Old Clothing, unused pieces of
Furniture and numberless other
articles that can be found in near
ly every household can easily be
converted into cash if advertised
in the “For Sale” columns of The
Georgian’s classified section. Cost
only 30c to run an ad like this:
T ( , 8 «si fr^irkcV
Address B.“ Box M. care Georgian.
Phone Main 8090 or AtiantaSOOO
and g’ TT c in your ad and you w ill ha\ e no
troub. in selling anything you ha\ e.
Bonds for Title.
$20,000—W. M. McKenzie to F. M. and
T. F. Stocks, lot 11>0 v >y 68 by 190 by 107
feet, east side Southern Railroad, 602
feet south of Peachtree street. July 10.
$450—Hammond Realty Company to
G. B. Chastain, lot 50 by 186 feet, south
side Grant avenue, being lot 6, block 9,
Hammond Park. August 4.
$2,000—Robert R. Wood to Charles S.
Culver, lot 50 by 200 feet, east side
East Ontario avenue, 615 feet south of
Gordon street. July 11.
$8,700—Gate City Home Builders to
E. N. (»'Beirne, lot 50 by 170 feet, north
side Highland View, 826 feet west of
Highland avenue. February 1.
$1,600—Misses M. B. and Kate Pickett
to P F. Henry, lot 55 by 150 feet, south
side Oklahoma avenue, 265 feet east of
Highland avenue. July 31.
$3,500—George E. Wallace to Mrs.
Willie Belle Green, lot 135 by 450 feet,
west side Kearsarge avenue, 478 feet
south of Ponce DeLeon avenue. June
23, 1910.
$1,400—H. F. Anderson to J. W. Chap
man, lots 4 and 5 of Lester & Smith
property, on Dunwody Road, land lot 43,
District. May 7, 1912.
Transferred to Charles 1. Boyer Au
gust 7.
Loan Deeds.
$400—Mrs. Mattie F. Huggins to H. C.
Bucher, lot 51 by 117 feet, east side Cur
ran street, 202 feet north of Homer
street August 4.
$2.200—Mrs. Lillie M. Klein to r enn
Mutual Life Insurance Company, No. 176
Forrest avenue. 35 by 150 feet. July 30.
$4,000—Mrs Johnnie T. McCarthy to
Atlanta Savings Bank, lot 400 by 795
feet, northeasterly side Plasters Bridge
Road, 275 feet northwest of Ivey Road.
August 5.
$11.373—Walter P. Dorough to Ameri
can National Bank of Asheville, N. C.,
No. 224 Ponce DeLeon avenue, 90 by
381 feet. August 2.
$1,700—Morris / Cohen and Samuel
Loeb to Third National Rank, lot 50 by
140 feet, southeast side Whitehall
stroat, at southwest side of Turner’s al
ley. Also No. 420 Capitol avenue, 56 by
197 feet. August 5.
$1,250 Mrs. Susie R. Cassidy to
Dickinson Trust Company. No. 48 Cur
rier street. 48 by 175 feet. August 6.
$2,500—Daniel W. Rountree to Trav
elers’ Insurance Company, No. 663 North
Boulevard. 44 by 138 feet. August 2.
$2,500 Mrs. Irene H. Jennison to
Travelers’ Insurance Company, No. 171
Westminster Drive, 50 by 147 feet. Au
gust 5.
Deeds to Secure.
$2.000—Mrs. Lula M Nicholas to Nat
Kaiser Investment Comnany, No. 765
West Peachtree street, 40x200 feet. Au
gust 7.
$1,575—W. J. Wilson to Mrs. Willie D.
Kelly, lot 50 by 193 feet, south side
.South avenue. 272 feet east of Grant
street. August 7.
Trustee’s Deed.
$1 and to Correct—William A. Fuller,
trustee in bankruptcy of E. S. Sims.
' bankrupt, to W. M. McKenzie, lot 19ft
i by 68 by 190 by 107 feet, east side
Southern Railway, 602 feet south of
! Peachtree street, land lot 109, Seven
teenth district. June 2.
Quitclaim Deed.
$5—Mutual Loan and Banking Com
pany to Mrs. F. W. Smith, No. 5 Weston
street, 31x76 feet. July 19.
Mortgages.
$1.366—Mrs Katie Tav'or and Henry
Taylor to Merchants and Mechanics’
Ranking and Loan Company, 3.26 acres
on Georgia lTailroad and Hardee street,
land lot 14. Fourteenth district; also lot
226 by 257 feet in land lot 14. Fourteenth
district, at line between land lots 13 and
14. August 6.
$348—Luke P. Moone to Atlanta Sav
ings Bank, lot 50 by 112 feet, south side
Wilson avenue. 128 feet east of Curran
street. August 4.
Lease.
Eli Hazan to Moses Haven. No. 11
Central avenue for one year for $33.60
per month, beginning August 1, 1913.
August 1.
Bill of Sate.
$200—Mrs. T. M. Cason to L. F. Chap
man and H. T. Kilpatrick, picture show
at No. 1.33 Gordon street and lease to
said property. August 4
Building Permits $38,000.
Building Inspector Ed R. Hays put
in busy sessions Thursday and Frl-
lav. He has applications and per
mits for $38,000 in new dwellings, al
terations. etc. The Masons' Annuity
applied for a permit to make altera-
ions on their home at the northeast
corner of Edgewood avenue and Ivy
street, bo cost $10,000; J. N. Renfroe
& Co. have plans for three dwellings
to cost a total of $17,000 at 88 W.
Fifth street and 250 and 252 Peachtree
Circle, Ansley Park; F. A. Hoyt will
build a two-story frame dwelling at
82 Penn avenue, to cost $6,000, and
the National Stock Yards Company
will erect a one-story building on
Brady street, at a cost of $5,000.
$750—H. G. Poole, 47-49 E. Hun
ter street, make repairs. Day work.
$100—Dr. W. T. Asher, 532 Ponce
DeLeon avenue, build frame garage.
Day work.
$10,000—Masons’ Annuity, Edge-
vood avenue and Ivy street, altera-
ions. Day work.
$300—Southern Suit and Skirt Com-
any, 45 Whitehall street, alterations.
Toekett & Carter.
$500—James G. Woodward. Wheeler
ind Franklin streets, repair fire dam-
tee. Day work.
$75—Mrs. S. E. Wynne. 120 Ashby
tieet, add to porch. Day work.
$5,000—J, N. Renfroe & Co., 88 W.
Dallas wires: “Texas and Oklahoma
clear and hot."
• • •
NEW ORLEANS. Aug. 8.—Hayward
& Clark: The weather map shows part
cloudy over eastern half of belt and
south Texas; generaly fair elsewhere;
general showers In eastern half of belt;
none in western half. Indications are
still for some rain coming in the west
over Sunday.
• » •
Rainfall The New Orleans Tlmes-
Democrat says: “After making full al
lowance for the fact that cotton Is a
dry weather plant and thrives on sun
shine, the talent is forced to admit that
drouth In parts of Oklahoma and Texas,
accompanied by such fcigh tempera
tures as those of yesterday, is injuring
tne crop every day. However, most
traders on the short side have learned
not to accept damage reports at face
value, and when, in the face of a fair
forecast for the west, the barometer
lines revealed low pressure of the Gulf
of Mexico, the talent promptly exploited
storm formation as a promise of rain
and weather students on the floor helped
by asserting that extremely hot weather
in Oklahoma is simply a forerunner of
rain and lower temperatures. Thus the
market worked down after the bulge of
Wednesday.
“Meanwhile, Manchester is not send
ing any encouraging reports though
Liverpool managed to sell 10,000 bales on
the spot yesterday. At this time any
lack of evidence of trade activity is apt
to tell on the raw cotton market, be
cause Just now slack demand for the
actual makes a poor showing when con
trasted with the keen demand in evi
dence during the past two years.
“The market is very dull and very
narrow; speculation has been reduced to
a minimum and neither talent nor trade
Is in a humor to display enterprise. In
creasing spot sales at Galveston and
Houston indicate that the new crop
market is opening up.”
• • •
The market was sold off after the
opening on unofficial reports of rain at
Galveston. The early weather map
shows no rain and weather experts
could not see any In sight, which re
sulted in an active wave of buying at
the outset.
• • •
On the call. Flinn and Gifford bought
August. Black. Seldenberg, Hentz and
Harden sold. Wilson, Mitchell, Gifford,
Flinn and Black bought October. Mc-
Elroy, Bash ford and Hentz sold. Flinn,
Wiggin. Watkins, Ruit and Gifford
bought December. Rothschild, Rosen
berg. Black and Orvis sold. Hicks
bought January. Bashford, Hentz and
Schley sold. #
• * *
Noon Texas weather: Galveston
cloudy, 78; good shower this morning.
Taylor, Waco. McKinney, Denison clear,
70; Houston clear, 87; San Antonio
cloudy, 92; Austin. Little Rock clear, 85;
Belton clear, 93; Dallas clear, 93; Fort
Worth clear. 98; Sherman clear, 92;
Paris, Fort Smith, Ark., clear. 97; Tex
arkana clear, 101; Ardmore clear. 98;
Chickasha. Oklahoma City, Tulsa clear.
95: Muskogee clear, 99; McAlester clear.
94; Shreveport part cloudy, 93; rained at
New Orleans half hour; now clearing.
SEWS COTTON IIP
Heavy Buying Based on Deterior
ation Reports From West—Of
ferings Extremely Light.
NEW YORK, Aug 8. —Uneasiness was
again expressed to-day over weather
conditions in Texas, and when the cot
ton market opened, prices were at a net
advance of 5 to 11 points from Thurs
day's final. New crops were tne strong
est, August showing an advance of 15
points immediately after the opening.
The open ill g quotation was 11.75 and the
next figure was 11.86.
There was no rain shown on the map,
as had been generally expected and local
weather experts failed to see any in
sight Just at present and the market
was bought freely from strong sources
Shorts were also good buyers, but on the
rally there seemed to he some cotton
for sale as sentiment continues very
bearish. Later the market eased off
sharply on reports of rain at Galveston
and El Paso and less support was in
evidence.
Because the detailed weather map
failed to show any rains over the west
ern belt, and private reports of deteri
orations in Arkansas and Oklahoma
caused by the high temperatures and
dry weather, the market developed a
steady tone during the afternoon ses
sion. resulting in a rapid advance in
prices from the early low point Some
of the large spot interests continue to
buy on all reactions, which is encour
aging to the bull element.
The bulls contend if rain does not
come in the West within the next week
that very serious damage will result and
the feeling is now becoming more bull
ish. The market is very easily influ
enced on any weather news and prices
will be governed accordingly
^t the close the market was tseady
with July at unchanged quotation and
other positions at a net advance of 8 to
11 points from the final quotations of
Thursday.
Following are 11 a. m. bids in New
York: August. 11.67; October, 11.10;
December, 11.05; January, 10.96; March,
11 05.
Following are 10 a. m. bids in New
Orleans: August, 11.41; October. 11.11;
December, 11.10; January, 11.11; March,
11.19.
RANGE IN NEW YORK FUTURES
PORT RECEIPTS.
The following table shows receipts at
the ports to-day compared with the
same day last >ear:
1913
1912.
New Orleans. . . .
445
119
Galveston
2,074
1,293
Mobile
4
1
Savannah
275
50
Wilmington . . . .
36
Norfolk
251
28
Baltimore
742
433
\ Boston
19
Brunswick
24
100
Newport News . .
867
Total
3,851
2,910
INTERIOR
MOVEMENT.
1913.
1912.
Houston
2,203
2.276
Augusta
27
96
Memphis
90
440
St. Louis
86
Cincinnati
354
145
Total
2.664
3.043
MODERN MILLER CROP REPORT.
ST. LOUIS. Aug 8.—The hot ar.d dry-
weather which prevailed over a large
part of the country this week, while in
juring the growing crops, was favorable
for harvesting, storage and marketing
of winter wheat, but delayed plowing of
land for seeding of wheat in the fall.
However, there is no apprehension felt,
as there still is ample time for this work
with favorable weather conditions.
That there is more attention beihg given
to the preparations of the soil and se
lection of seed Is indicated by the larger
yields and better quality of winter
wheat. Thrashings continue to show
larger yields than has been expected
and the quality of the grain is of the
best.
There is still a steady movement of
wheat to market, as the yield is so much
larger than has been estimated and that
most farmers are willing to part with
at least a portion of their crop.
c
4)
a
£
ra
o
rt
*> V
» > «
o f
O
X
J
-1 O)
O I 0.0
Ag
11.75
11.85
11.65111.7111
1.70-71 11.70-71
Sp
11.33
11.33
11.31 11.311
1.34-36111.24-26
Oc
1.1.1b
11.20
11.07 11.17111.1.7-18 11.07-08
Nv
. . 11.11-13 11.00-02
Dc
11.13
11.17
11.0.T11.13 11.13-14 11.02-03
Jn
10.99
11.07
10.94 .11.04 11.03-04 10.92-93
Mh
11.11
11.15
11.04 11.10lU.U-12|U. 62-63
MS
11.14
11.16
11.08| 11.15 |ll. 16-16| 11.07-08
Marked Improvement CTRFFT UFCITIITFC
Noted in Wool Traded ■ NlLI NLul I n I Ld
PENDING REPORT
BOSTON. Aug 8.-—More inquiry has
developed in the wool market during the
past week, probably stimulated by the
Increased demand for lightweight goods,
following tlie recent openings by leading
mills. Total sales are estimated at fully
2,000,000 pounds, the business being
distributed among the leading houses
and covering most of the desirable
grades. Primary markets are now well
cleaned up. except in Ohio, but even
there very little is doing and buyera are
coming home. Prices here are un
changed.
Liquidation of holdings wherever a
profit is shown is the policy in favor
and some transfers, It is said, have been
made at a very small margin.
Receipts in pounds for the week ended
and including Wednesday were as fol
lows:
1913
1912.
. . .'10.576.202 11.444.608
...| 612,7361 5,530,397
. . . 11.088,938 16,975.005
Domestic ....
Foreign
Total
Receipts in pounds from and ineluding
January 1, 1913, as compared with the
corresponding period in 1912 were as fol
lows:
Domestic . . . .
Foreign
T
1913.
1912.
. ..J 91.656.568 145.595.R73
....I 42,693,881 85.372.187
. . . .134,360.4491230,968.060
Atlanta Markets
Closed steady.
LIVERPOOL COTTON MARKET.
LIVERPOOL, Aug. 8.—This market
was due 1 point lower on August and
4 to 5 points decline on other positions,
but opened steady at a net decline of
5 to 5ft points. At 12:15 p. nr, the
market was quiet, 4 to 5 points net de
cline. Later the market advanced ft
point from 12:15 p m.
Fair business doing in spot cotton at
6 points decline; middling 6.43d; sales
8,060 bales, including 7,200 American
bales; imports none.
At flie close the market was quiet
with prices at a net decline of 3 to 4ft
points from the final quotations of
Thursday.
Futures opened easier.
Opening
Range.
2P.M.
CVr»«ie.
Trev
Close
Apr. . . . .
. .6.17
6.18
6 22%
Aug -Sept.
. .6.09
6.10
6.11
6.14 ft
Sept.-Oct. .
. .6.00
6.01
01%
6.05 ft
Oct.-Nov. .
. .5.96
6.96 ft
5.97 ft
6.01 Vo
Nov.-Dec .
. .5.91
5.93
5.96 ft
Dec.-Jan. .
. .5.91
5.92 ft
5.93
5.96 ft
Tan -Feb. .
. .5.92
5.94
5.:>7%
Feb.-Mch. .
. .5.94ft
5.94
5.95 ft
5.99
Mch -April .
. .595.
5.96 ft
5.97
6 00
Apr.-May .
. .5.96ft
5,98
6.01
May-June .
. .5.97H
5.98
5.99
6.02
June-July .
5.99
July-Aug j...
Closed steady.
5.98 ft
NEW YORK PRODUCE.
NEW YORK, Aug. 8.—Petroleum firm;
crude Pennsylvania, 2.50.
Turpentine quiet, 38(038ft.
Corn quiet. 4.00.
Wool steady. 23@27; pulled, scoured
basis, 38(052; Texas, scoured basis, 46
@53.
Hides steady; native steers, 18
19ft; branded steers. 17.
Coffee quiet; options opened un
changed; Rio No. 7 spot, 9.
Rice steady; domestic, ordinary to
prime, 4*0 5ft.
Molasses firmer; New Orleans, open
kettle, 35(0 55.
Sugar, raw. quiet; centrifugal, 3 73;
muscovado, 3.23; molasses sugar. 3.98.
Sugar, refined, firm; fine granulated,
4.70; cut loaf, 5.50; crushed, a.40; cubes,
4.95; powdered, 4 80: diamond A, 4.70;
confectioners’ A, 4.55: softs. No. 1, 4.45
@4.50. (No. 2 Is 5 points lower than No.
I, and Nos. 3 to 14 are each 5 points
lower than the preceding grade.)
Potatoes, white, nearby, 1.00(02.37;
Southerns. 1.25(02 00.
Beans dull; marrow, choice, 6.50(0
6.60: pea. choice, 3.80(03.90; red kidney,
choice, 3.65(03.75.
Dried fruits firm: apricots, choice to
fancy, 12(015; apples, evaporated, prime
to fancy. 8ft; prunes, 30s to 60s, 7ft @12;
80s to 100s, 6 ft (07 ft: seeded raisins,
choice to fancy, 5% (06ft.
LIVE STOCK MARKET.
CHICAGO, Aug 8 Hogs--Receipts
14,000 Market 5c higher. Mixed and
butchers. $8.00(0 9.20; good heavy, $8.65(0
8.90: rough heavy. $7.75(0 8.45; light, $8 90
@9.20; pigs, $6.4008.00; bulk, $8.30(0
8" 90.
Cattle- Receipts 1,500. Market strong.
Beeves. $7.10(09.10; cows and heifers,
$3.00(08.25; stockers and feeders. $5.75Cd
7.65; Texans, $6.75(08.15; calves, $9.25©
II. 25.
Sheep—Receipts 6,000 Market steady.
Native and Western, $2 25@4.90; lambs,
$4.80@ 7.65
ST LOUIS, Aug 8—Cattle—Receipts
1.000, including 75 Southerns. Market
steady Native beef steers. $5.50(09.00;
cows and heifers. <4.75(08.60: stockers
and feeders. $5.25(05.75; calves. $6.00(0
9.50; Texas steers. $6.25(07.75; cows and
heifers $4.2506.50; calves, $5.00’S6.00.
Hogs—Receipts 7.500. Market 10c
M'xed J8 25(59.10: good. $8.(0
W# SO. rough. j-.-SJlSjSO: lights. »* S54(
nigs, $6.50(08.15: bulk. $8.,-v®9 06,
' Sheep—Receipts 3.000 Market steady.
Muttons. $3.25® 4.25; yearlings. *4.7oHi
6 00; lambs, $5.75@7.36.
HAYWARD & CLARK’S
DAILY COTTON LETTER
NEW ORLEANS. Aug. 8 The map
shows cloudy weather prevailing over
the eastern half of the belt and south
Texas; generally fair elsewhere Show
ers were quite general east of the River,
but none are shown west. Indications
are for increasing cloudiness with pros
pects for precipitation to come on the
eastern States over Sunday. Cloudy and
showery weather in indicated for the
central and eastern States.
Liverpool was poor at first but ral
lied on the absence of rain in the West.
Spot prices 6 points lower; sales 8,000
bales First traders here were at an
advance of about 6 points on nervous
covering by shorts on the Government
forecast of fair weather to-day and to
morrow in Oklahoma and Texas, but
prices soon dropped to last night's clos
ing figures when Galveston reported
heavy rain. New York says the declin
ing tendency is due more to the differ
ence of speculation to furnish support
than to weather prospects
Trading is very quiet, waiting for
weather developments in the western
States over Sunday.
Spot people report the inquiry for ear
ly new shipments is still disappointingly
slow
NEW ORLEANS COTTON.
O
£ 5
0.0
Ag | I |11.46-4811.40-42
Sp ! 11.18-20;
Oc 11.16 11.21 11.11 ll.17Tl.16-17ill.10-H
Nv !11.13-1511.07-09
Dc 11.16 11.20 11.09 11.16 11.15-16 11.09-10
.In lll.16jll.20 11.llill.17 11.16-17,11.09-10
Fb ! ; ' ill.15-16 11.19-21
Mh 111.23111.27:11.23^T1 27 11.26-27 11.29-30
My I I j |ll.36-87|n.40-42
Closed barely steady.
MILLER-COTTER COTTON LETTER.
MEMPHIS, Aug. 8 Continued high
temperatures in Texas, Oklahoma and
Arkansas are giving rise to numerous
complaints of crop deterioration, some
of which are well founded, as numerous
sections of this territory have been with-
. ut rain for weeks. The market does not
advance materially because of brilliant
reports from the eastern belt, but trade
is beginning to note more attentively
.e complaints and the tone is steady.
THE WEATHER.
I
MINING STOCK9.
BOSTON, Aug 8. —Opening: Butte!
Superior. 30; New Haven, 100Vn; North
Butte, 28ft; Shoe, 47; Tam. 28; Calu-
met-Hecla, 415.
Fifth street, two-story pebble-dash
dwelling. Day work.
$6,000 each—To same, 260-252
Peachtree Circle, two two-story brick
veneer dwellings. Day work.
$6,000—F. A. Hoyt, 82 Penn avenue,
two-ltorjr frame dwelling. T. 'J'.
Flagler.
$5,000—National Stock Yards Com
pany, Brady street, one-story build
ing. Day work,
Conditions.
WASHINGTON. Aug 8—The North
disturbance will move slowly eastward,
causing showers to-night in the Lake
region and the OJiio Valley, and on
Saturday in the North and Middle At
lantic States. Occasional showers will
continue in the South Atlantic and East
Gulf States. Temperature changes
will not be important during the next
thirty-six hours in the region east of
the Mississippi River
General Forecast.
Forecast until 7 p. m. Saturday:
Georgia Occasional showers to-night
or Saturday.
Virginia and North Carolina—Occa
sional showers to-night or Saturday;
warmer in west portions to-night.
South Carolina. Florida and Alabama
—Occasional showers to-night or Satur
day
Mississippi—Fair, except showers in
extreme southern portion to-night or
Saturday.
Tennessee- Fair in west, showers in
east portion tonight or Saturday;
watmer in northeast portion to-night
IxmiHlana — Fair in north and west,
showers In southeast portion to-night or
Saturday
Texas—Fair to-night and Saturday.
BAR SILVER.
I/ONDON, Aug 8 Bar silver quiet
at 27 3-16d, off 1-ltk^
EGGS—Fresh country, candled. \1U
18c.
BUTTER—Jersey and creamery. In
)-lb. blocks 27 ft (0 30c; fresh country,
fair deinobu ;6<@ ihc.
UNDRAWN POULTRY —Drawn *=ad
any feet on, per pound; Hens 18<0T9c;
fries. 22 ft (024; roosters, 8 (010c; tur
keys owing to ratresa. 17(0i:*c.
LIVE POULTRY—Hens. 40(045;
roosters. 30(0 35c; broilers J5@30 pe,‘
pound; puddle ducks, 3O(03oc. P**kina,
*5(0 40c; gvese. 60(d 60c eacn: turkey*
owing to fatness. 15-tfi;*
FRUITS AND PRODUCE.
FRUIT AND VEGETABLES—Lem
ons, fancy, 7.00(08.00; cauliflower, 10@
lftcc lb., bananas, 2ft@3c lb.; cabbage.
$2.00 j>er crate; peanuts, per poind,
fancy Virginia. 6ft(07c; choice. 5ft06c;
beets. $1,754/2.00 in halt-barrel irates;
cc umbers, $1.25(0)1 50 Eggplants 75c
to 1 00 per crate; peppers, $1.25(01.50 per
'•rate; tomatoes. fancy, six- basket
crates, $2.00(02.60; onions, $1.00 per bu.;
sweet potatoes, pumpkin yams. 8O(085c.
»kra. fancy, six-basket crates. $1.50@
1.75.
FISH.
FISH —Bream and pere.n, 73 pound;
snapper, 10c pound: trout. 10c pound;
bluefish 7c pound; nompano, 20c pound;
mackerel. 7c pound; mixed fish, 5W6c
pound; black nass, 10c pound; mullet.
$11 00 per barrel.
FLOUR AND GRAIN.
FLOUR— Postell’s Elegant. $7 75:
Omega, $7.00; Carter’s Bps. <6 26; Qua)-
fly (finest patent). $6 4e Gloria (self-
rising), $6 0u; Results (self-rising), $6;
iwans Down (fancy patent), $6 00; Vie-
ory (the very best patent). $6.40; Mon-
ogiam, $6 00; Puritan (highest patent),
*5.65; Golden Grain. $5.60; Faultless
'finest patent). $6 25; Home Queen
(highest patent), $6.65; 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 (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. 3
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
dipped 56c, fancy w’hite 55c, No. 2
mixed 54c.
COTTON SEED MEAL-Harper $31.50
COTTOV SEED HULLS-Square
sacks $17 00
SEEDS—Amber cane seed $1.00, can#
seed orange $1 00. rye (Tennessee) $1.26,
red ton 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, $3.26; 50-lb. sacks. $1.65; Purina
pigeon feed. $2 20: Purina baby chick
feed. $2.00; Purina scratch, 100-lb sks.,
O 85; 50-!b sacks. $2.00; Purina scratch
bales, $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, $185; wheat,
two-bushel bags, per bushel, $1.25;
oyster shell. 80c: special scratch. 100-ID
sacks. $1.80: Eggo, $1.85: charcoal 50-ib
sacks, per 100 pounds $2 00
SHORTS—White. 100-lb sacks. $175;
Hailiday. white, 100-ID sacks, $1.70;
landv middling, 100-lb sacks, $1.76;
famv, 75-lb. sacks. $1.75; P W., 75-lb.
Back*. $1.65; brown, 100-lb sacks, $1.65;
Georgia feed, 76-lb sacVs, $1.55; efiover
leaf. 76-lh sacks. $1.60; bran, 76-lb
sacks. $1.25; 100-lb. sacks $1 25; 60-lb.
tacks. $1.30; Horneollne, $1 50; Germ
meal. Horreo. $1.50.
GROUND FFED—Purina feed. 176-lb.
sacks, $1.70; Purina molasses feed, $1.60;
Arab horse feed, $1 70; Allneeda feed.
$1 66; Suerene dairv feed. $1.50; Mono
gram. 10-lb sacks. $1 60; Victory
horse feed. 100-lb sacks, $1.60; ABC
feed. $'.55: milk dairy feed. $1.65; alfalfa
molasses meal. $1.75; alfalfa meal. $1.40;
beet pulp, 100-lb. sacks, $1.60
HAY— Per hundredweight: 'Hmothy
choice, large bales. $1.20; If#rge fancy
light cloved mixed. $1.15; No 1 small
bales, $1.10; No 2 small $1; alfalfa pea
green, $1.10. clover bay $1.20, Timothy
standard. $1 05. Timothy small hales $1,
wheat straw 70c. Bermuda hay 90c, No
1 $1.20. wheat straw 70c, Bermuda hay
i»0c.
GROCERIES.
SUGAR—Per pound: Standard gran
ulated 5c, New York refined 4ftc, plan
tation 4 85c.
COFFEE—Roasted (Arbuckle) $24.60,
A AAA $14.50 in bulk, in bags and bar-
iels $21. green 20r.
RICE—Head 4ft®6ftc. fancy head 5ft
• / 6ftc, according to grade
LARD—Silver ’eaf 13c pound. Scoco
4ftc pound. Flake White 8ftc Cotto-
lene $7.20 per case. Snowdrift $5 85 j*er
case
SALT—One hundred pounds 63c, salt
brick (plain) per case $2 25, salt brick
(medicated) per case $4 85, salt red rock
per hundredweight $1, salt white per
hundredweight 90c. Granocrystal, per
case. 25 lb sacks, 75c: salt ozone per
•ase 30 package*. 90c. 50-lb. sacks. 30c;
25-lb sacks 12c.
PROVISION MARKET.
(Corrected by White Provision Co.)
Cornfield hams. 10 to 12 average, 20c
Cornfield hams. 12 to 14 average. 20*\
Cornfield skinned hams. 16 to 18 av
erage. 21c.
Cornfield picnic hams, 6 to 8 aver
age, 14c.
Cornfield breakfast bacon, 26c
Grocers’ style bacon (wide and nar
row), 20c.
Cornfield fresh pork sausage, fresh or
bulk, in 25-pound bucket*, 12ftc.
Cornfield frankforta, 10-pound boxes.
12c.
Cornfield Bologna sausage, 25-pound
boxes, 10c.
Cornfield luncheon ham, 26-pound
boxes. 13ftc.
Cornfield smoked link sausage, 25-
pound boxes. 10c.
Cornfield smoked link sausage in
pickle, in f>0-pound cans, $5.25.
Cornfield frankforts in pickle, 15-
pound kits, $1.75.
Cornfle d pure lard, tierce basis, 13ftc.
Country style pure lard, tins only,
12ft e.
Compound lard, tierce basis, lOftc.
I>. 8. extra ribs, 13ftc.
D. S. rib bellies, medium average,
14ftc.
D. S ril) bellies, light average, 14ftc.
8.80.
Good butcher pigs. 100 to 140, $8,250
8.50
Light pigs. 80 to 100, $8 0008.25.
Heavy roughs and mixed hogs, $7.50
to > .00
The above quotations apply to corn-
fed hogs, mash and peanut-fattened lc
to 1 ftc under.
Market Ruled Weak on Expecta
tion of Poor Government Grain
Report—Narrow Range.
By CHARLES W. STORM.
NEW YORK, Aug 8.—Considerable
Interest was attached to dealings in
Union Pacific at the opening of the
stock market to-day, this issue begin
ning ft higher. Truding in this stock
was very active, but at the end of a half
hour all advance had been lost. At the
(‘nd of forty-five minutes. Union Pacific
was ft under Thursday's closing
The list whs irregular and the un
dertone -showed uncertainty. Amalga
mated Copper alvanced V*. then lost Its
gain Steel common was unchanged
from Thursday’s final, but subsequently
declined ft
Among the advances were Utah Cop
per. ft; Southern Pacific, ft; Republic
Iron and Steel, ft; Reading, ft; Penn
sylvania. ft. Denver and Rio Grande,
ft; American I#ocomotive, ft; American
Smelting, ft.
Canadian Pacific advanced a point and
then lost ft.
New Haven declined ft to 100ft. Atch
ison also shaded Lehigh Valley began
unchanged, then declined
The curb market was quiet
Americans In Ix»ndon were quiet,
above New York parity
Business in the late forenoon was dull
with prices moving irregularly within a
narrow range Utah Coper was under
pressure, declining ft. to 50 while a
further decline of ft was recorded In
New Haven. Slight fractional losses
were sustained by Southern Pacific.
Steel common, American Can. St. Paul
and Canadian Pacific. American Smelt
ing was exceptionally strong, moving up
ft. to 65ft. Tbe Wabash issues also dls-
plflved strength.
Call money loaned and renewed at 2ft
per cent.
NEW YORK ST02K MARKET.
EVENING-UP DAK
Corn Up in Expectation of Bullish
Government Report — Good
Rains Cheer Bears.
Stock quotations:
cios
Prev.
STOCK— High
Dow
Bid
Close.
Amal. Copper.
71%
72%
71%
Am. Agricul
46 ft
46%
Am. Beet Bug. 27ft
27
26 ft
26
American Can 33ft
32%
33
33%
do, pref . . 93%
93 ft
92 Vi
93%
Am. Car Fdy.. 46
♦6
46%
46
Am. Cot. Oil. 44ft
43%
44%
American Ice
22ft
22ft
Am. Locomo.. S3 ft
33
32ft
32%
Am. Smelting 66%
65%
65%
65%
Am. Bug. Ref. 110
10B%
109ft
Am. T.-T 129
129
128%
128%
Am. Woolen
16ft
Anaconda .... 36%
36%
36%
36%
Atchison 97ft
96
96%
97%
A. C. L
121
120%
B. and 0 97ft
96%
96%
97%
Beth Steel... 35 ft
35
34%
35
B R T .... 88%
86%
68%
88%
Can. Pacific.. 216Vi
215ft
216
214%
Cen. Leather. 23%
23%
23
23%
C and 0 55%
55ft
55 ft
55%
Colo. F. and I
31%
31%
Colo. Southern ....
29 ft
29%
Consol. (las.. 132%
131%
131%
Com Products 10ft
10%
10ft
D. and H
. . X
145
156ft
I >en. and R. G. 20ft
20 ft
20 ft
20
Distil. Secur
13ft
Erie 29 ft
28%
28%
29%
do, pref 47ft
<7%
46 ft
47%
Gen. Electric
140ft
140ft
G. North, pfd. 128%
127%
128
128%
G. North. Ore. 34%
34%
35 ft
35
G. Western
•131
131%
Ill. Central
107ft
107
Interboro .... 16
15%
16%
16%
do, pref .. 68 ft
58ft
59%
58%
Int. Harv. <old) ....
10 ft
Iowa Central
7
K. C. S. . . . 27%
27
26%
27%
M., K. and T.. 23ft
23 ft
23 ft
23%
L. Valley. . . 160%
150
150
151
I#. and N
133ft
134
Mo. Pacific . . 32ft
31%
32
32%
N. Y. Central 99
98 ft
98%
98%
Northwest
129%
129%
Nat. I^ead
47
48
N. and W
105%
105ft
No. Pacific . . 112
lit
111
110%
O. and W. . . 30%
30%
29%
30 ft
Penn*. . . . 113%
113
113
113
Pacific Mai!
21
21ft
P Gas Co. . 114
114
113%
114 -n
P Steel Car
25
25
Reading . . . 159ft
151%
159
169%
R. I. and Steel 26
24%
24 ft
24%
Rock Island . 18 ft
17%
17%
18 ft
do. pfd.. . . 30%
29%
S.-Sheffield
27%
27%
So. Pacific . . 93%
92%
93
93 ft
Bo. Railway . 26Vi
25
25%
do. pfd.. . . 79ft
79 ft
78
St. Paul. . . 109%
107%
108
108
Tenn. Copper. 31
31
30%
30%
Texas Paodflc 16ft
15%
15
16
Third Avenue ....
36
36%
Union Pacific ....
152%
162
U. S Rubber 61
61
U. S. Steel . . 62%
61
62
62%
do. pfd.. . . 108%
108%
108
108
Utah Copper . 61
60
50 ft
49%
V.-C. Chem. . 26 ft
26 ft
26
26
Wabaah ... 4
3%
3%
3%
do. pfd.. . . 11%
11
11%
9%
W. Union
67
W. Maryland
41
W. Electric . 64
63%
63%
«3 ft
W. Central
46
43
ST. LOUIS CASH QUOTATIONS.
Wheat—No. 2 red 85ft(087ft
Com —No. 2 74 tf|7 •
Data—No 2 42
CHICAGO, Aug 8 —The weather over
the greater portion of the corn belt was
again hot and dry, although in sections
of Nebraska and Iowa it was reported
as cooler Northeastern and eastern
Iowa, as well as northern and central
Illinois were visited by rajjis last night,
but as an offset to this a message was
received from Kansas City, saying that
in some sections of Missouri the crop
will he a total failure, and that in others
It will not average over 50 per cent. The
forecast of the weather bureau up to to
morrow evening shows no relief in sight
for the corn crop. News of this nature,
a» well as generally bullish feeling in the
corn market brought further upturns of
%to ftc at the opening this morning
The strength In the corn market car
ried wheat ft (0 ftc higher at the open
ing. In spite of the generally bearish
news received from the Old World as well
as our own and the Canadian North
west. Weather in Europe was favorable
for harvesting and movement, and car
goes at Liverpool were freely offered at
concessions. Fine general rains were re
ported in the Canadian Nor*2iwest. which
are good for the filling of the crops, and
beneficial rains were reported in' our
own Northwest.
The corn market had a strengthening
influence on oats and sales were made at
higher levels.
Trading in provisions was rather light*
early, hut the market had a stronger
undertone, being influenced to some ex
tent by the strength in coarse grains and
•he higher market for hogs at the yarns.
CHICAGO GRAIN MARKET.
Grain quotations:
WHEAT
Sept
Dec
May
CORN—
Sept
Dec
May
OATS—
Sept
. Dec
I May
FORK—
Sept....
Oct
Jan
LARD
Sept. ... 11
Oct....
Jen....
it IBS
Sept. . .
Oct....
Jan... .
High
Low.
Close.
Close.
86 ft
85%
85%
86 ft
90 ft
89%
89%
90
95%
94%
94%
95
72%
70%
72
70 ft
67%
66%
67 ft
66%
69 ft
68%
69
68 ft
42%
42 ft
42ft
42 ft
44%
44%
44%
44%
47%
47%
47%
47ft
20.90
20.80
20.80
20.85
20 37 ft
20.25
20 25
20.40
19.45
19.26
19.25
19.45
11.47ft
11.37ft
11.37ft
11.47ft
1157ft
11.47ft
11.47ft
11.55
10.85
10.77ft
10.77ft
10.82ft
11.20
11.10
11.10
11.17ft
11.20
11.07ft
11.07ft
11.17ft
10.26
10.17ft
10.17ft
10.22ft
LIVERPOOL GRAIN MARKET.
LIVERPOOL, Aug. 8.—Wheat opened
unchanged. At 1:30 p. m. the market
was ftd lower: closed ftd lower.
Corn opened unchanged At 1:30 p m.
the market was unchanged; closed ftd
higher.
PRIMARY MOVEMENT.
WHEAT—
nu.
1912
Receipts
Shipments . . . .
1.889,000
680.000
1,412.000
799,000
O IKK-
Receipts
403.000
603.000
Shipments
292,000
319,000
CHICAGO CAR LOTS
Following are receipts for Friday and
| Friday.
Saturday.
Wheat
441
526
Corn
104
137
<mts
261
309
Hogs 4
15,000
10,000
Grain Notes
STOCK GOSSIP
Subscription prices of Southern Pa
cific certificates of Interest may be
announced after special Union Pacific
board meeting Tuesday. Warrants are
ready for mailing by Thursday.
• • •
The stock market shows some hesita
tion pending the publication of the Gov
ernment crop report on gTain. Should
the estimate on corn be above 75, we be
lieve it would be construed as moder
ately bullish on the stock market. The
large interests have the market well in
hand, and unless reports of serious dam
age to the corn crop are confirmed, we
believe that stocks will continue to ad
vance.—G. D. Potter.
WORLD'S VISIBLE SUPPLY.
According to Secretary Hester, of the
New Orleans Cotfon Exc hange, the vis
ible supply of cotton during the past
week shows a decrease of 160,621 bales,
as compared with a decrease of 168.797
hales for the corresponding week last
year against a decrease of 87,684 bales
for the same week the year before,
other kinds for the week decreased 64,-
000 bales, against a decrease of 29.000
bales last vear and a decrease of 29,000
hales for flie same week In 1911.
The total visible supply of American
cotton shows a decrease of 224,621 bales,
compared with a decrease of 187,797
hales during the same period last year
and a decrease of 116,664 bales for the
co*—esponding week Jn 1911.
r~1913 i
1912 r
1911
American .1 1,164,582!
Other kinds! 1 207.000
To. all k’d« 2.361.582
1.438.678
2.297.675
2.297.675
732,1*3
1.625.163
1.625.163
Week’y exports:
r
1913 !
1912
For w*»ek I
Since Sept. 1 |
15,686 10,773
8.472.957 10,371,476
The Chicago Inter-Ocean says: “Many
wheat traders regard the market as a
carrying charge proposition and say that
unless there is a material improvement
in the export demand, which has flat
tened out of late, prices may go lower.
Corn prices are so high that even many
of the boldest operators are timid about
iiig long except on sharp breaks;
they are easily scared bv reports of rain.
A Government report Is due to-day at
1:16 p. m. It is expected to lower the
condition of corn 10 points or over from
that of 86.9 last month.
• • •
Bartlett, Frazier & Co. say: “Wheat
—The weather In the Northwest is
partly cloudy with light scattered show
ers. The cash demand for wheat con
tinues light. Yesterday’s shipping sales
were only 45.000 bushels. Local sentl-*
ment is still general'y bearish, with
trade of small proportions and very lit
tle outside buying.
“Corn—The weather map shows no
precipitation In Kansas or Nebraska,
with a few scattered showers in Iowa
and northern Illinois, also in the Ohio
valley High temperatures prevailed
again yesterday west of the river, and
no general improvement in conditions is
noted.
"In our opinion the situation contin
ues one of great strength, although we
must expect a very nervous market and
temporary setbacks on the present price
level.
“Oats- The market is showing a
rather steady undertone, helped doubt
lessly by the continued strength in corn,
but also due to some less favorable
thrashing returns and a better cash In
quiry.
“Provisions—Hog receipts are slightly
under estimates. Pork Is showing con
siderable strength with a broader range
in prices. The market seems to have a
generally steady tone.”
• • •
The State Board of Agriculture at
Lincoln. In their monthly bulletin, esti
mates that the corn crop In Nebraska
has suffered HOper cent loss because
of the drouth. Tne 8outh Platte coun
try reports that the State will have
practically no corn.
• • •
The Inter Ocean says: “It is expected
that the Government report will show'
winter wheat crop between 510,000,000
and 525.000.000 bushels. Spring wheat
condition expected to Improve 1 to 2
points from last month's 73 8: when es
timated yie’d was 218,000.000 buahels. A
lower condition is expected to nfc shown
in oats from 76.3 last month, indicating
crop of 1,031,000 bushels in July.
• • •
Grain region forecast: Missouri, Kan
sas, Nebraska, Minnesota and Dakota
generally fair and warm: Michigan.
Wisconsin, Illinois, Indiana and Iowa
probably showers to-night or Saturday:
warmer
* • ■
Temperatures and rainfall: Canadian
Northwest part cloudy. 45 to 64; Ual-
erary, .12; Swift Current. .02; Prince Al
bert. 98; Winnipeg. 90; Northwest part
cloudy, 56 to 68: WllJlston. (B; Du uth.
28; West part cloudy, 62 to 82; Chari' »
City, .02; Dubuque, 34; Davenport. .0 ;
Chicago. 1.38; Southwest clear. 74 to 82;
Ohio valley part cloudy, 68 to 83; In
dianapolis. 58; Columbus, .10; Cincin
nati, 84.
• • •
Clement Curtis estimates the corn
crop at 2.650,000 bushels and condition
75, against 77.1 on their August report.
They say “Our crop reports this
week are showing heavy declines in corn
from our report August 1, in Nebraska,
Kansas, Missouri and Illinois. Small de
cline in Iowa and Indiana and un
changed to better in Ohio, Michigan.
Wisconsin, Minnesota and South T>a-
kotaU*