Atlanta Georgian. (Atlanta, Ga.) 1912-1939, August 08, 1913, Image 11

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TTTE ATLANTA GEORGIAN AND NETO 11 REAL ESTATE AND CONSTRUCTION NEWS Auction Sale Sept. 2 Of Acreage in Cobb McCravy Farm of 175 Acres Subdi vided—Sales Total $37,050—Su burban Lot $35 a Foot. J. B. Jackson, agent, will sell be fore the courthouse door at Marietta a t 10 a. m., September 2, acreage tracts of the A. P. McCravy farm, comprising a total of about 175 acres, on terms of half cash and the bal ance in one and two years at 7 per cont. Mrs. Jane L. McCravy Is ad ministratrix. The tracts will be one to twenty acres. They lie two miles south of Marietta, at Turner’s Crossing, on the Marietta car line. Fourteen front the Western and Atlantic Railroad, the electric car line and the public road. Small Sales Total $37,050. Real estate agents have been quite busy this week with small sales, three agents announcing Saturday a total of $37,050. Twenty thousand of this was done by Roff Sims & Co., de tailed announcement of which will ue made later. B. M. Grant & Co. have sold for Mary Z. Scales to E. V. Carter, Jr., a vacant lot on the east side of Wil liams street, north of Emmett street, 55 by 170 fe't, for $1,400; for J. R. Holliday to P. H. Dobbins, a lot n the south side of Linden street, east of Myrtle street, 50 by 80, for $1,250; for the Walton Realty Company to Mrs. C. G. Hartman, a 100 by 400 foot vacant lot on the Cheshire road, near Peachtree road, for $3,500, or $35 a front foot, and to a client for C. E. Kauffmann, a 70 by 250 foot lot on the north side of Westminster Drive, Ansley Park, for $4,900. Seventy Acres Bought. W. A. Williams has sold to C. S. Minor through Robert W. Parris, of the Graham & Merk Real Estate Agency, four acres of land and a sev en-room bungalow at Clarkston, near the Stone Mountain car line, for $2,500. Mr. Parris handled .4 deal in which J. R. Phillips, of Atlanta, bought 70 ✓ acres of land near Bronwood, Terrell County, from Mr. Rodgers for $3,500. or $50 an acre. This land is on the Central of Georgia Railway, in a rich agricultural section. County Lot Transferred. A warranty deed on record Satur day tells of an interesting transfer of a small acreage tract on the RosArell road near Piedmont avenue. J. W. Moore gave the county $2,000 for it June 12, 1912, Luther Z. Rosser acting as commissioner, and Mr. Moore sold it recently to David W. Meadow. The consideration was not named. Ponce DeLeon Place Sale. J. W. Garland, of Pike County, has given the Cole-Mitchell Company a warranty deed on the property at the northeast corner of Ponce DeLeoa place and St. Charles avenue for $6,500, the buyer* assuming a loan oc $3,000. The dimensions of the lot are 50 by 161. Nice Profit in Lot. A profit of $1,200 is represented in a transfer which has just gone to record. John T. Taylor has sold to Homer W. Cothran for $3,700 a prop erty on West Tenth street, 132 feet east of Ridge avenue, having bought it from Dr. Joel T. Daves, of the Smith & Ewing Agency, for $1,503. The lot is Irregular in shape. Seven Apartments Leased. Albert S. Adams, manager of the renting department of Bryan M Grant & Co., announced Saturday *he lease of 9even housekeeping apart ments in the Ponce DeLeon, which was recently placed w'ith his firm for renting. Several smaller apartment* of two rooms and bath have also been leased. The Chicago Inter Ocean says: “A bullish construction was placed on the Government report on corn, while on .wheat it was bearish and on oats mixed. Wheat bulls figure that it will be hard to keep prices down, with corn a failure west of the river and with a great scarcity of feedstuffs in the States of largest production.” * * * Ohio August report on wheat crop, 101 per cent; July, 94 per cent; last August, 40. The July Government report made it 80. Oat crop, 82 per cent; July, 81; last August, 105. They figure fifteen bushels of wheat and 30 bushels of oats as par. No corn report. Timothy con dition, 79. • • • The annual convention of the Wiscon sin Retail Grocers’ Association will be held at Racine on August 11. Sessions will continue to August 13. O. B. M. Glasson, president of the National Wholesale Grocers’ Association, will de liver an address on “Trade Relations.” • • • Canadian crops: A Winnipeg dispatch states that remarkable progress has been made the past three weeks in the crop development; harvest is expected to be In full swing in Manitoba the sec ond week in August. • • • Denton, of Kansas City, estimates the Kansas com crop at 50,000,000 bushels. • • • Bartlett, Frazier & Co. says: “Wheat—Partly cloudy conditions, with scattered light rains, are noted this morning in the Northwest. There was a little better demand yesterday, with shipping sales In our market of 145,000 bushels, the seaboard reporting fifteen loads for export. Yesterday’s 1 Government figures were about as ex pected by the trade, and we doubt if they prove any especially bearish in fluence on prices. “Corn—The weather map shows prac tically no rain in the com belt, with temperatures still high. The Govern ment figures do not represent present conditions, as since these figures were gathered the deterioration in the crop as a whole has been yen' great. “Oats—The Government figures rather exceeded those generally looked for, both as to the probable outturn of the pres ent crop and supplies on hand from the old. We are inclined to think, however, that the showing returns during the coming month may be of a character such as to lower the total yield, as com pared with the figures given yesterday. “Provisions—Packers continue to buy lard. Demand for January good. The market is f>Hiet and featureless at the pxoment.” COMPLETE POIZE HEffl SLUMP i PRICE OF (Mil E Want Ad Man Desires to See Every Contestant in His Of fice on Monday. Grand prizes, prizes for all classes, are offered successful organizations, men, women and children in Hearst's Sunday American and Atlanta Geor gian Want Ad Contest. A complete list of these will appear in to-morrow’s Sunday American and all contestants and those who expect to enter should not miss this i^eue of the paper. Clas sification has been arranged to give everybody a good opportunity, and every detail arranged for carrying out the plan. Contestants and would-be contest ants are urged to see the Want Ad Man Monday. He desires to talk over details, show how best to get results and aid each contestant in producing the ads and the votes. The Want Ad Man has engaged the fourth floor of the new Foote and Davies Building. Edgewood avenue and North Pryor streets, for his of fices and will be at his desk every day from 8 to 5 o’clock. On Tuesday, Thursday and Saturday evenings he will remain In his office until 8 o’clock to meet contestants. Don’t fail to see him Monday. And be siure to read the new prize list in to-morrow’s American. Masons Conduct Funeral of ‘Uncle Luke’ Wood Sunday The funeral services of T. J. Wood, who died at his home in Riverside at 11 o’clock Friday 'morning, will be held at the Collins Memorial Church at 3 o’clock Sunday afternoon, under the auspices fo the Bolton Lodge of Masons, of which he was a charter member. Mr. Wood was 77 years old. He passed his entire life in this community, and had a large circle of friends, to whom he was known familiarly as “Un cle Luke.’’ Until about three years ago he was engaged in farming, but was forced by failing health to retire. He entertained a number of friends Fri day, August 1, at a birthday celebra tion. He is survived by four daughters, Mrs. E. L Jett, Mrs. Lizzie Davis, Mrs. E. L. Smith and Mrs. Brown Carroll, all of Atlanta, and one son, Frank Wood, of Texas. Interment will be at the fam ily burying ground. * OBITUARY The Funeral of Mrs. A. J. Smith, who died at the residence on West Peachtree street Thursday night, will be held from St. Mark Church at 3:30 o’clock Saturday afternoon. Interment at Westview. Western Rains and Promise of More Cause Heavy Sales. Support Withdrawn. NEW YORK, Aug. 9.—With the ex- ception of August, which opened 5 points higher on covering, the cotton market opened easier to-day with other options at a net decline of 4 to 13 points from Friday’s final. On the opening the sell ing was general on a few light showers shown on the map over the western belt and local weather people believed that the barometers in the Southwest point to showery conditions over Texas and Oklahoma over Sunday. There was con siderable selling by traders who went long on dry weather talk yesterday. Futures and spots in Liverpool were quiet. The buying was extremely light and scattered, being confined mainly to a few large spot houses. The Government reports showed tem peratures in Oklahoma yesterday aver aged 104 degrees and Texas 98 degrees; with fifteen stations 100. five 102, two 104 and one station 106 degrees. As the session wore on the selling be came heavy. Little or no support was in evidence. The lack of substantial buying power caused a further reaction In values by dropping 7 to 18 points under the opening quotations. Every option established new low levels not witnessed in many months. August was as low as 11.57; September, 10.96; Octo ber 10.92; December, 10.81, and January, 10.92. These declines failed to"bring out any fresh demand and the market closed practically at the bottom, showing net losses of 13 to 20 points from the final quotations of Friday. Estimated cotton receipts: Monday. 1912. New Orleans 100 to 200 127 RANGE IN NEW YORK FUTURES. i f, V 0) I o •V n £ -1 ~1 if) O j 0.0 Aug 11.75IU.75H1.57111.58 Sep 111.21111.23111.17111.20 Oct 111.13111.13j 10.96110.97 Nov Dec Jan Mar M’y Feb Closed steady. 11.04 11.07 10.92I10.04 10.96 TO. 97 E 0.81110.83 11.04 11.05110.92110.94 11.05 111. 05; 10.98110.99 11.57 11.20 110.97. 10.92 ■'0.94 10.83 10.93 110.97 10.85 ■K9'l 1.70-71 ■22 11.34-36 ■98'11.17-18 •94111.11-13 96111.13-14 ■84 11.03-04 -94 11.11-12 ■98111.15-16 ■86 ( LIVERPOOL COTTON MARKET. LIVERPOOL, Aug. 9.—Due 1% points higher, this market opened steady at a net advance of 1 to 2 points. At the close the market was quiet, with prices at a net gain of 1 to 1% points. Spot cotton dull at 3 points advance; middling 6 46d; sales 3.000 bales, includ ing 2,000 American bales; speculation and exports 200; Imports. 4.000 bales, of which 3,000 were American. Test Arranged for Device to •Eliminate Open Switch Danger A test of the Shepard automatic switch will be given at Oakland City at 3 o’clock this afternoon by the Atlanta and West Point Railroad, which will be witnessed by a large number of railway officials. The switch Is claimed to be a pre ventive of the open switch evil, and puts the opening and closing of the switch entirely under the control of the engineer. By throwing a lever in the cab the engineer may open the switch, and after his train has passed com- plefely into it the switch automatically closes. A $700,000 concern has been organized to manufacture the device, the plant being located in Atlanta. Chapter Is Installed By the Golden Cross The United Order Golden Cross has installed Its first subordinate command- ery in Georgia here, with O. F. Thomp son, the grand commander, presiding, The order was founded at Knoxville, Tenn.. In 1876. Georgia Commandery will meet every Friday night at No. 8% West Alabama street. The officers elected at the first meeting are S. D. Warren, past noble commander; S. C. Speer, Jr., worthy prelate; J W. Martin, worthy herald; C. A. Thompson, financial keeper of records; C. M. Loftin, noble keeper of records; O. C. Rutledge, treasurer; C. B. Tyson, warden inner gate; J. E. Gavin, warden outer gate, and Dr. H. M. Lu- ning, W B. Adams and A. E. Brown, trustees. Receiver Named for Bankrupt Milliner A voluntary petition in bankrupt cy was filed In the United States Dis trict Court Saturday morning by Ml^s Ann M. Leisz, a milliner. She admits liabilities of $1,681.41, with assets of $1,815, mostly stock In trade. H. A. Ferris w'as appointed receiver, with bond of $900. Villa Rica Firm Bankrupt. Ollie L. and Ossie C. Williams, gen eral merchants, of Villa Rica, Ga., filed a petition in bankruptcy here Saturday. They give their liabilities as $2,159.70, with $15 assets. Oriental to Preach At Baptist Church The pulpit at the Central Baptist Church will be occupied at both morn ing and evening services Sunday by the Rev. K. S. Basmajian, well-known preacher and singer. The Rev. Mr. Basmajian was born in Adrianople, European Turkey, but has been in the' United States about 25 years. A feature of Sunday’s services will be songs In both English and Oriental languages, and solos on various odd musical instruments. HAYWARD & CLARK'S DAILY COTTON LETTER NEW ORLEANS, Aug. 9.—IJverpool is very disappointing with futures 2 to 3 points lower than due; spots 3 points higher; sales, 3,000 bales. Developments overnight w'ere in fa vor of unsettled weather, with precipi tation coming on the Western States— Arkansas and North Louisiana Over Sunday. The map shows increasing cloudiness in Texas and some precipi tation in the Northwest and Southeast portions. Indications are for continued partly cloudy w'eather In the eastern half with scattered showers. It will become cool er in the northwestern quarter of the belt. — The market opened about 5 points lower, but broke quickly to 11 cents w r hen the Government forecast con firmed private advices of rain pros pects over Sunday In the Western States and Oklahoma Market prospects next week depend principally on the amount of rainfall In >e Western States. The half monthly condition forecasts by the usual private authorities like Giles and others, are ex pected to show* decline, as the rains came too late to affect their condition figures. Covering by scalpers over Sunday rallied prices In the last hour. NEW ORLEANS COTTON. Prev. Close. I i r i j |6pen[Hlgh(Low'L.S’lef Close. Aug'11.40 Rpn 1 11.40(11.31111.32111.35-37(11.46-48 1 1 >11.08-10H1.14-20 Oct Nov 11.12 11.12111.00111.05IU.05-06111.16-17 ! 1 111.02-03 11.13-15 Dec Jan Feb Mar M’y 11.09 11.09 ll.lO'lO.gSIll.OSIll.OS-Oi'U.15-16 11.40111.00111.04(11.04. . .'11.16-17 . J11.02-04H1 15-16 11.19 11.20111.11111.13 11.13-14111.26-27 j 1 |11.23-24 11.36-37 Closed barely steady. SPOT COTTON MARKET. Atlanta, nominal; middling 12c. Athens, steady; middling 11% Macon, steady; middling 12%. New Orleans, steady; middling 11%. 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 12c. Norfolk, steady; middling 12c. Charleston, steady! middling 12 5-16. Galveston, quiet; middling 11%. Mobile, steady; middling 12c. Wilmington, quiet; middling 12c. Little Rock, steady; middling 12c. Baltimore, noTninal; middl g 12%. Memphis, steady; middling 11%. St Louis, quiet; middling 12 5-16. Houston, steady; middling 12c. Louisville, firm; middling 12% Charlotte, steady; middling 12c Greenville, steady; middling 13c. MOVEMENT OF COTTON. The following statistics on the move ment of cotton for the week ending to day were compiled by the New York Cotton Exchange: Weekly Movement. Port receipts 16,777 Overland to mills and Canada.. 6,581 Southern mill takings (esti mated) 10,000 Loss of stock at Interior towns 10,911 Brought Into sight for the week 22,447 Total Crop Movement. Port receipts 9.809,772 Overland to mills and Canada.. 992,098 Southern mill takings (esti mated) 2.740,000 Stock at interior towns In ex- - cess of September 1 84,870 Brought into sight thus far for season 13,676,240 PORT RECEIPT3. The following table shows receipts at the ports to-day compared with the same day last year 1913. 1912. New Orleans. . . 334 54 Galveston 661 1,076 Mobile 5 10 Savannah 93 64 Norfolk New’ York . • • . Boston Various 194 9 79 2i 3 39 Total 1,509 1,322 INTERIOR MOVEMENT. 1913 1912. Houston 2.861 2.080 Augusta 99 95 Memphis 325 47 St. Louis 100 100 Cincinnati 175 23 flttle Rock . . . 24 TT otals .! 3 SCO 2,377 IN STREET Mf Market Ruled Within Narrow Range on Weakness of the London Exchange. ’ By CHARLES W. STORM. NEW YORK, Aug. 9.—A heavy tone prevailed in the stock market at the opening to-day, although some of the Issues made substantial gains on specu lative buying. Tne market here fol lowed the lead of American shares In the London market, weakness having been caused there by crop figures. Among the losses here were: Amal gamated Copper, %; American Car and Foundry, %; Canadian Pacific, %: Utah Copper. %; Steel common, %; Reading, %; Norfolk and Western, %; Erie %, and first preferred, %. Delaware and Hudson made the best gain, advancing 1 point. Wabash was up %. The Harrimans were steady, Southern Pacific advancing % and Union Pacific %. The curb was irregular. American railroad shares in London were Irregular and mostly lower on ac count of figures in the American corn crop report. The stock market closed steady. Government bonds unchanged. Other bonds strong. NEW YORK STOCK MARKET. 26% 33 93 45% 44% 22% 32% 65% 89% 216% 22% 55% 31% Stock quotations: STOCK— High. Amal. Copper. 72 Am. Agricul Am. Beet Sug. American Can do, pref. .. Am. Car Fdy.. Am. Cot. Oil... American Ice. Am. Locomo. Am. Smelting. Am. Sug. Ref Am. T.-T. ... 129% Am. Woolen Anaconda Atchison 96% A. C. L. .... 121% B. and 0 96% Beth. Steel B. R. T. .... Can. Pacific.. Cen. Leather.. C. and O Colo. F. and 1 Colo. Southern .... Consol. Gas.. 131% Corn Products 10% D. and H 157 Den. and R. G Distil. Secur.. 14 Erie 29 do. pref. .. 46% Gen. Electric G. North, pfd. 128% G. North. Ore. 36 G. Western... 13 Ill. Central Interboro . dOi pref, Int. Harv. (old) ... Iowa Central Mo. Pacific . . 32 N. Y. Central 98% N. and W. . . 105% No. Pacific . . 111% O. and W. . . 29% Penna 113 Reading. . . . 159 R. I. and Steel 24% Rock Island do. pfd.. . So. Pacific . So. Railway do. pfd.... 78 St. Paul . . .108% Tenn. Copper. 30% Texas Pacific. 15% Union Pacific. 161% U. S. Steel . . 62 V. -C. Chem. . 26% Wabash ... 4 do. pfd.. . . 12% Total sales, 78,000 16% 60% Low. 71% 26% 32% 93 45% 44% 22% 32% 64% 129 96% 121% 96% 88% 215% 22% 55% 31% 131% 10% 157 14 29 46% 128% 36 13 16% 60 17% 29% 92% 24% 32 98% 105% 111% 29% 113 158% 24% 17% 29% 92 24% 78 108% 30% 15% 151% 61% 26% 4 11% shares. Cloa Bid. 71% 46 26% 33% 92% 45% 43% 22% 32% 64% 110 129 36% 96% 121 96% 34% 88% 215% 23% 55% 31 29% 131% 10% 156% 20% 28% 46% 140% 128 35 13 107 16% 60% 107% 7 32 98% 105% 110%. 29% 113 158% 24 17% 29% 92% 25 78 108% 30% 15% 151% 61% 26 3% 12% Prev. Close. 72% 46% 26% 33 92% . 45% 44% 22% 32% 65% 128% 16% 36% 96% 121 96% 34% 68% 216 23 65% 31% 29% 131% 156 20% 28% 46% 140% 128 $5% 13 107% 16% 59% 7 32 98% 105% 111 29% 113 159 24% 17% 93 78 108 30% 15 152% 62 26 3% 11% The course of the cotton market now depends entirely on the weather, which must be watched closely. On the other hand, there is a bearish element which is wafting for the first signs of rain in the western belt to sell the market short, as it believes it is entirely too high in the face of excellent prospects that have existed up to the present time. The bulls contend that unless get good rains in the west within the next few days, the market will set new high levels. • • • Aside from a few purchases and sales of more than 5,000 bales by Shearson, Baruch and McCormick, there were no large trades In yesterday’s market, The gain of 10 points is considered a rather poor showing on continued high temperatures in Oklahoma and Texas, j and indicates that the world considers the area deteriorating too small, when compared to the whole, to become J frightened over. Another reason, of i course, is that speculation is seriously j curtailed by the tax threat and the abandonment of practically all arbitrage business by the larger straddle Interests ! awaiting developments at Washington, materially reduces the volume of trade and activity of the market. There was no news aside from the weather de tails and complaints from Arkansas and the southwest. There are very few bulls to be found among the local crowd. • • • According to The Journal of Com merce the cotton goods trade Is on the verge of broad activity, but tariff delay will be dangerous. The retail trade has been in. the market in large numbers during the past w'eek. giving evidences of a real need for goods of a staple character. Dallas wires; “Texas, partly cloudy to clear; rain at Amarillo and Rockland. Oklahoma, generally clear.” • • • Except fair in Oklahoma and North west Texas, the map is partly cloudy to cloudy over the entire belt. Fine rain at Amarillo, Northwest Texas and Gal veston. Nice rains also In North Louis iana, Mississippi, Alabama and Atlantic Coast districts. Indications are for un settled to cooler weather over Sunday in Texas and Oklahoma; also good rain indications for Arkansas, North Louisiana, and showers over the rest of the belt.—Kolier. * ♦ * Following is the statistical position of cotton on Friday, August 8, as made up by The New York hInancial Chronicle: This j Last I Last Week. (_ Week. Year. 2.362,9471 2,581.551; 2,304.106 1,455,106 61,684 15,333,716 212,948 9,579 13,608 10,665 14,937 94,831 The New Hampshire road may sue to enforce payment of $50,000,000 repu diated South Carolina bonds. m « • The stock market held very well Fri day after the publication of the Govern ment crop report on corn. It was about what was generally expected. I believe it has been discounted as a market fac tor. Powerful Interests are behind the advance in stocks, and I believe that on any reaction they are a purchase and will sell higher.—G. D. Potter. • • • Erie earnings for the year ending June SO shows over 15 per cent on first pre ferred and over 4 per cent on all stock outstanding. • • • Anent the ramarkably good foreign trade exhibit for the fiscal year ended June 30 last, the possible effect of tariff reductions on our foreign trade balance becomes a timely topic ror consideration. Last year our foreign trade reached a new zenith with a total of exports and imports, of $4,276,000,000, or $421,000,000 more than that of 1912. Exports so far exceeded imports that this vast com merce created a trade balance fti our favor abroad of $652,000,000 Can this be maintained next year when a new and much lower tariff la in existence? As the new tariff is likely to become operative next month, the effects of its operations will be reflected In 10 of the 12 months of the current fiscal year. The general expectation is that the drastic tariff reductions will result in a marked Increase gain in exports. Of course unless exports enjoyed a corre sponding increase the foreign trade bal ance must be reduced- • • • The foreign stocks are very quiet, but a firm tone prevails. NEW YORK BANK STATEMENT. NEW YORK, Aug. 9.—The weekly statement of the New York Associated Banks shews the following changes: Average Statement. Excess cash reserve, decrease, $2,603,- 500. I,oans, decrease. $494,000. Specie, decrease, $2,182,000. Legal tenders, dec.ease, $1,637,000. Net deposits, decrease, $3,970,000. Circulation, decrease, $67,000. Actual Statement. Loans, increase, $5,604,000. Specie, increase, $1,430,000. Legal tenders, decrease, $273,000. Net deposits, increase, $5,657,000. Reserve, decrease, $524,450. MONEY AND EXCHANGE. NEW YORK, Aug. 9.—Nothing said in money to-day. Posted rates: Sterling exchange. 4.83%<&4.87, with actual busi ness in bankers’ bills at 4.8660 for de mand and 4.8315 for 60-day bills. U. S. STEEL STATEMENT. NEW YORK. Aug 9—The United States Steel Corporation reports unfilled orders on its books as of July 31 of 6,399,316 tons. This compares with 5.807.371 tons on June 30. 6,324.322 tons cm May 31. 6,978,762 tons on April 30 I and 5,957,079 tons on July 31, 1912. i Vis. supply. American . In st., w’k Since S’p. 1 Port stocks Port r’c’pts Exports .. . Int. r’c’pts Int. s’m’nts Int. stocks. 2,304,106' 1,333,561 65,859! 64,133 13,551,293113,473,987 137,7681 16,639! 15,7451 12^25| 25,174! 131,012! 146,690 14,527 32,023 13,045 27,602 143,458 Following is the Liverpool cotton statement for the week ending Friday, August 8: Week's sales Of which Am.. For export ... Speculation .... Forwarded ... Total stocks .. Of which Am.. Actual exports W’k’s receipts Of which Am.. Since Sept. 1.. Of which Am.. Stocks afloat.. Of which Am.. 1913. 1912. 57,000: 26,000; 1.300' 1,000! 76,000, 702,000 502,000 7,2001 19.000 5.000; 565.000 5 593.090 4 35,000' 10.000! 37,000 29.000 31,000 900 68,000 724,000 607.000 4,600 13,000 7,000 ,046,000 ,269,000 55,000 18 000 1911. . 26,000 21,000 1,100 700 36,000 501,000 329,00C 6,000 22,004 6,000 4,278,000 3,344,000 48,000 6,000 Hester’s Weekly Cotton Statistics Secretary Hester’s statement of the world’s \ islble supply of cotton made up from special cable and telegraphic ad vices compares the figures of this week with last week, last year and the year before. It shows a decrease for the week just closed of 224,621, against a de crease of 187,797 last year and a decrease of 116,684 year before last. The total visible is 2,361,582, against 2,586,203 last week, 2.297,675 last year and 1,625,163 year before last. Of this the total of American cotton is 1,164,- 582, against 1,315,203 last week, 1,438,- 676 last year and 732,163 year before last, and of all other kinds, including Egypt, Brazil, India, etc., 1,207,000, against 1,- 271,000 last week, 859,000 last year and 893,000 year before last. The total w’orld’s visible supply of cot ton as above shows a decrease com pared with last w’eek of 224,621, an In ez ease compared with last year of 63,907 and an increase compared with year be fore Last of 736,419. Of the w’orld’s visible supply of cotton as above there is now afloat and held in Great Britain and continental Europe 1,291,000, against 1,467,000 last year and 886,000 year before last; in Egypt 81.000, against 44,000 last year and 63,000 year before last; In India 736.000, against 496,000 last year and 463,OuO year before last, and in the United States 254,000. against 291,000 last year and 211,00(1 year before last. THE WEATHER. Conditions. WASHINGTON, Aug. 9.—There will be occasional show’ers during to-night and Sunday In the Lake region and the New England States, while fair weather will prevail elsewhere east of the Mis sissippi River. The temperatures will be somewhat lower on Sunday In the extreme Northern districts, but the changes in the Atlantic and East Gulf States will not be Important. General Forecast. General forecast until 7 p. m. Sunday: Georgia—Generally fair to-night and Sunday. Virginia, North Carolina, South Caro lina and Tennessee—Generally fair to night and Sunday. Florida—Fair to-night and probably Sunday. Alabama and Mississippi—Fair to night and Sunday. Louisiana—Showers to-night or Sun day. East Texa*—Fair to-night and Sun day. West Texas—Fair in south, showers in north portion to-night or Sunday; cooler in north portion Sunday. COTTON MARKET OPINIONS. George F. Jones & Son: We expect prices to do better until the drouth la generally broken. Norden & Cor. We believe that the most reasonable course of cotton is to make use of fluctuations that may be caused by dally weather conditions and the technical position of the market Logan & Bryun: Weather conditions In Texas and Oklahoma are the domi nating Influences, and should that sec tion receive beneficial moisture, lower range of prices will doubtless be seen. LIVERPOOL GRAIN MARKET. LIVER POOL, Aug 9.—Wheat closed %d lower. Corn closod unchanged to %d higher. CEREALS HIGHER ;«a Early Advance Based on Bullish U. S. Figures—Advance Lost by Profit Taking. ST. LOUIS CASH QUOTATIONS. Wheat—No. 2 red 85% (087% Corn—No. 2 74 <&/76 Oats—No. 2 42 CHICAGO, Aug. 9.—Corn was up as , much as 1 cent for the September option early, but it broke % on predictions of ! rain in many sections of the corn belt, ' with sales from 73 down to 72%. The other months acted In sympathy. De cember selling at 68 down to 66% and May 69% to 68%, compared to closing prices of yesterday, 67% and 69 re- j spectively. The Government fcrop report on com ! was considered bullish, but the figures which were made up August 1 failed to reflect the damage as a whole. Wheat was % to % higher at the | start, but this and % more was lost | before the session was more than half an hour old. Oats were higher early, but sold off j with other grains and showed a weak- I ening tendency after the decline Hogs were higher and provisions were ! higher in sympathy. Grain quotations: High. WHEAT— Sept 86% Dec 95 May 90% CORN— Sept 73 Dec 68 May 69% OATS— Sept 42% Dec 44% May 47% PORK— Sept.... 20.85 Oct.... 29.20 Jan... 19.35 LARD— Sept.. .. 11.37% Oct 11.47% Jan 10.82% RIBS— Sept.... 11.15 Oct 11.17% Jan 10.32% Pre\Mous ! Close. Close. 85% 94% 89% 71% 66% 68% 43% 46% 20.55 19.97% 19.12% 11.15 11.30 10.72% 10.97% 11.00 10.12% 85% 89% 94% 72 66% 68% «» 43% 46% 20.62% 20 00 19.17% 11.15 11.27% 10.72% 11.02% 11.05 10.12% 85% 89% 94% 67% 69 42% 44% 47% 20.80 20.25 iy.25 11.37% 11.47% 10.77% 11.10 11.07% 10.17% CHICAGO CASH QUOTATIONS. CHICAGO, Aug. 9.—Wheat—No. 2 red new 86(0 86%, No. 3 red new 85% (086, No. 2 hard winter new 86087, No. 3 hard winter new 85% (086, No. 1 Northern spring 91(091%, No. 2 Northern spring 90(091, No. 3 spring 88(090. Corn—No. 2 72% 073, No. 2 white 73(0 73%, No. 2 yellow 72% 073%. No. 3 720 72%, No. 3 white 73, No. 3 yellow 72% (n 73, No. 4 72(072%, No. 4 white 72(0 72%. No. 4 yellow 72072%. Oats—No. 2 new 42(042%, No. 3 white new’ 40%@41 %« old 40% 041%, No. 4 white new 40(0 40%, old 40(040%, stand ard new 41% (0 42%. old 42(5 42%. CHICAGO CAR LOTS. Following are receipts for Saturday and estimated receipts for Monday. Sat’day. Monday ! Wheat 499 458 Corn 164 102 Oats 309 237 Hogs 6.500 38,000 NEW YORK COFFEE MARKET. Coffee quotations: January 9.0709.15 February 9.17(09 35 March 9.31 (09 33 April 9.35(09,40 May 9.41(09.43 June 9.4509.50 July 9.43(09.47 August September. ... 8 74 0 8.75 October ! 8 85 November. . . .1 8.9509 05 December. . . .| 9.05(09.07 j Opfnlng. |Clos1ng. 9.06(09.09" 9.16(09.19 9 26$ Q 27 9.316i 9 33 9.3609.38 9.38(09 10 9.41(09 43 8.60(08.65 8.67(08.68 8.7708 80 8.87@8 90 Closed steady. Sales, 84,500 bags. COTTON SEED OIL. Cotton seed oil quotations: [ Opening f Closing"" Spot 9.0ft August 8 5009 15 9.02(09.10 September 8 87(09.10 9.0009 04 October 7.98(08.00 7.98(07.99 November I6.99*07.01 6.9907.01 December !6.78(06.80 6.76(06.77 January '6 73(06.75 6.73(0)6.75 February 16.70(06.80 6.7006.77 March '6.70(06.80 6.73(06.76 Closed steady; sales. 4,600 barrels. LIVE STOCK MARKET. CHICAGO. Aug. 9.—Hogs sold like hotcakes on the week-end session at prices 10c higher than yesterday, or 25c above Wednesday. A clean sweep was made, only pen holders being carried over. Choice lights sold at 9.30 and good heavy hogs at 8.85. Mortgage Money I want a few more choice Real Estate Loans—$1,000 to $5,000. Suburban Properties and Farms considered if well improved. Wm. Hurd Hillyer Trust Go. of Ga. LOWRY NATIONAL BANK Capital $1,000,000 Surplus $1,000,000 SavingMOegartment Safe Deposit Boxes Alfred Vanderbilt Is Frozen Out ot Society Yes, the head of this noted family returns to Newport with his new wife to find all his old friends “not at home.” You can read all about it in TOMORROW’S American and at the same time feel certain that a similiar fate cannot be meted out to you in Atlanta, for even if the doors are closed, Polly Peachtree will take you into the innermost circles with her chatter of aii the lively doings of the gay pa tricians. And it matters not whether the fair reader is plan ning a trip to a country club or merely a stroll on Peachtree Street. Mine. Cavalieri’s Beauty Secrets which will appear in the same issue are sure to be a joy to the feminine mind, for the famous prima donna will tell how to save the beauty of the mouth. Like wise LADY DUFF GORDON will bring to the households of Dixie the most striking features of the latest Paris modes, show ing in a charming color page the mannish tendencies of the fash ions abroad. Moreover this great Sunday paper will contain another thrilling story by Sophie Lyons, the famous Queen of the Burglars, on WHY CRIME DOES NOT PAY These special features, and dozens of others, coupled with all the news of whole world, are bound to make next Sunday s American AMonumentalBargain which it would be folly to ignore. So insure yourself a day of solid enjoyment and instruction by ordering from your dealer at once or by phoning your order to Main 100.