Newspaper Page Text
REAL ESTATE AND
CONSTRUCTION NEWS
THE ATLANTA GEORGIAN AND NEWS'.
II
Auction Sale Sept, 2
Of Acreage in Cohb
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
at 10 a. m., September 2, acreage
tracts of the A. P. McCravy farm,
comprising a total of about 175 acres,
on tern^s of half cash and the bal
ance in one and two years at 7 per
cent. 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 <fc Co., de
tailed announcement of which will oe
made later.
B. M. Grant & Co. have sold for
Man’ 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 feet, 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 £0, for $1,250;
for the Walton Realty Company to
Mrs. C. G. Harfman. a 100 by 400 foot
vacant lot on the Cheshire road, nea r
Peachtree road, for $3,500, or $36 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 a deal in which
J. R. Phillips, of Atlanta, bought 70
acres of land near Bronwood, Terreii
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 Roswell
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 comer of Ponce DeLeoa
place and St. Charles avenue for
$0,500, the buyers assuming a loan of
$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 A.gency. for $1,500.
The lot is irregular in shape.
Seven Apartments Leased.
Albert S. Adams, manager of the
renting department of Bryan M
Grant & Co., announced Saturday f he
lease of seven housekeeping apart
ments in the Ponce DeLeon, which
was recently placed with his firm for
renting. Several smaller apartment!
of two rooms and bath have also been
leased.
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 ente^. should
not miss this iraue 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
DavieR Building. Edgewood avenue
and North Prvor 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 nure to read the new prize list in
to-morrow’s American.
I
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 y'ears old. He
passed his entire life in this community,
ahd 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.
PRICE OF EOTTON
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 owning 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 Sunnay. 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
optioji 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.
c
V
•c i **
01 >
•
«
a
O
1 1 j
J fO
0
0.0
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-
plelely into it the switch automatically
closes.
A $700,*000 concern has been organized
to manufacture the device, the plant
being located in Atlanta.
The Chicago Inter Ocean says: ”A
bul'ish 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 ltacine on August 11. Sessions
will continue to August 13. O. B. M.
Giasson, 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.
* * *
Demon, of Kansas City, estimates the
Kansas corn crop at 50,000.000 bushels.
* * *
Bartlett, Frazier & Co. says:
“Wheat—Partly cloudy conditions,
with scattered light rains, are noted
this meaning 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
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 beeiv very great.
"Oats—The Government figures rather
exceeded those generally looked for, both
as to the probable outturn of the pres
et t crop and supplies on hand from the
old. We are inclined to think, however,
that the showing returns during the
coming month may he of a character
such as to lower the total yield, as com
pare with the figures given yesterday.
“Provisions—Packers continue to buy
lard. Demand for January good. The
market is quiet and featureless at the
moment.”
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 Miss
Ann M Leisz, a milliner. She admits
liabilities $1,681.41, with assets of
$1,815, mostly stock in trade.
H. A Ferris was 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 hero
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 ha-*
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
I-odd musical instruments.
Aug 11.75 11.75 11
Sep 11.21 11 23 11.
Oct J11.13*ll. 13110
Dec *11.04 11.07 10
Jan H0.96 10.97110
Mar 111.04 11.05 10
M'y 11.05 11.05 10.
Feb ! !..
57111
17111.
96 10.
92110.
81110.
92 10
98 10
...|..
58 11.57-
20 11.20-
97 10.97-
. .10.92-
94:10.94-
83 10.83 -
94 10.93 •
99 10.97-
. .110.85-
Closed steady.
59111.70-71
22 11.34-36
98111.17-18
0411.11-13
96 11.13-14
84111.03-04
94 11.11-12
98111.15-16
86!^.
LIVERPOOL COTTON MARKET.
LIVERPOOL, Aug 9.—Due 1 Vi 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;
mid.dllng 6.46d; sales 3.000 hales, includ
ing 2,000 American hales; speculation
and exports 200; imports, 4,000 bales, of
which 3,000 were American.
HAYWARD & CLARK'S
DAILY COTTON LETTER
NEW ORLEANS, Aug. 9.—Liverpool
is very disappointing with futures 2 to
3 points lower than due; spots 3 points
higher; sales, 3,000 bales.
Developments overnight were 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 partlv
cloudy weather in the eastern half witn
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
when 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
■le Western States. The half monthly
oondit’on forecasts by the usual private
authorities like Giles and others, are ex
pected to show decline, as the rains
cam. too late to affect their condition
figures.
Covering by scalpers over Sunday
rallied prices in the last hour.
NEW ORLEANS COTTON,
IN STREET M!
Market Ruled Wkthin 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 gams 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, Vi; Utah
Copper, %; Steel common, *4; Reading,
V 4 : Norfolk and Western. V4; Erie %,
and first preferred, ^4.
Delaware and Hudson made the best
gain, advancing 1 point Wabash was
up %. The Harrirnans 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 STOSK MARKET.
'COTTON GOSSIP
26 Vi
45 V 4
44%
22Vi
32 Vi
65%
Stock quotations:
STOCK— High.
Amal. Copper. 72
Am. Agricul
Am. Beet Sug
American Can 33
do, pref. . . 93
Am. Car Fdy..
Am. Cot. Oil...
American Ice.
Am. Locomo.
Am. Smelting.
Am Sug. Ref.
Am. T.-T. ...
Am. Woolen
Anaconda *
Atchison 96Vi
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*4
D. and H 157#
Den. and R. G
Distil. Secur..
Erie
do, pref. . .
Gen. Electric
G. North, pfd. 128%
G. North. Ore.
G. Western...
Ill. Central.. .
Interboro ....
do, pref. ..
Int. Harv. fold) ...
Iowa Central
Mo. Pacific . . 32
N. Y. Central 98%
N. and W.
No. Pacific
O. and W. .
Penna. . .
Reading. .
Low.
71%
26%
32%
93
46*4
44%
22%
32%
64%
129% 129
96%
121%
96%
89%
216%
22%
55%
31%
14
29
46%
36
13
16%
60%
88%
215%
22%
55%
31%
131%
10 V4
157
14
29
46%
128*/ 4
36
13
16%
60
105%
111%
29%
113
169
R. I. and Steel 24%
Rock Island
do. pfd.. .
So. Pacific .
So. Railway
do. pfd.. .
St. Paul . .
Tenn. Copper.
Texas Pacific.
Union Pacific. 151%
U. S. Steel . . 62
V. -C. Chem. . 26 %
Wabash ... 4
do. pfd.. . . 12%
Total sales, 78,000
17%
29%
92%
24%
78
108*4
30%
16%
32
98%
105%
111%
29%
113
158%
24%
17%
29*4
92
24%
78
108%
30%
15%
151%
61%
26%
4
11%
shares.
Clos.
Bid.
71%
46
26%
33%
92%
46%
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
55%
31%
29%
131%
155
20%
28%
46%
140%
128
35%
13
107%
16%
59%
7
32
98%
105%
111
29%
113
159
24%
17%
93
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 waiting 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
we 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 6,000 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,
and indicates that the world considers
the area deteriorating too small, when-
compared to the whole* to become
frightened over. Another reason, of
course, is that speculation is seriously
I 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 week, 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.—Kofier
♦ * *
Following is the statistical position of
cotton on Friday, August 8, as made up
by The New 's <>rk Financial Chronicle:
j 7 his j Last
(_Week. I Week. ! Year. __
Vis. supply. I £.362,9471 2,581,551 2,304,106
American . 2,304.106 1,333.551: 1,455.106
In st., wk 65,859 64,133 61,684
Since S’p. 1 13,551,293|13,473,987 15,333,716
|Open!High!Low!L S’le 1 Close. | Close.
Aug ll”40 11.40 11.31111.32 11.35-37111.46-48
Sep ! ! 1 111.08-10111.14-20
Oct 111. 12111.12jll.00lll.05 11.05-06111.16-17
Nov ! 11.02-03 11.13-1 f> ,
Dec 11.09 11.10 10.98*11.03 11.03-04 11.15-16 I
JanJU.09111.10'11.00111.04 11.04. . 11.16-17 I
Feb : I ! 11.02-04 11.15-16 j
Mar 11.1911.20 11.11 11.13111. 13-14 11.26-27 I
M’y ! ! | I 111.23-24111.36-37
Closed barely steady.
SPOT COTTON MARKET.
Atlanta, nominal; middling 12c.
Athens, steady; middling 11%
Macon, steady: middling U%.
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 Uock. steady; middling 12c.
Baltimore, nofninal; middl g 12%.
Memphis, steady; middling 11%.
St Louis, quiet: middling 12 5-16.
Houston, steady; middling 12c.
Louisville, firm: middling 12*4
Charlotte, steady; middling 12o
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
week .
into sight for the
Total Crop Movement.
Port receipts
Overland to mills and Canada..
Southern mill takings (esti
mated)
Stock at interior towns in ex
cess of September 1
9.809,772
992,098
2,740,000
34,370
Brought into sight thu?
for season
s far
.13.576,240
PORT RECEIPT3.
The following table show:, receipts %t
the ports to-day compared with the
same day last year:
1 1913.
1912.
New Orleans.
. .1 334
54
Galveston. . .
. .! 661
1,076
Mobile
. .! 5
10
Savannah . .
64
Norfolk. . . .
. J 1S.4
79
New York . .
. .1 9
Boston. . . .
.
39
Various. . . .
. .| 213
Total. . . .
. . | 1,509
1.322
INTER
OR MOVEMENT.
1913.
1012.
Houston. . .
. .1 2.861
2.080
Augusta. . .
. J 99
95
Memphis. . .
. . . 325
47
St. I ouis. . .
. .! 100
K")
Cincinnati. .
175
23
Little Rock .
. .!
24 _
Totals. . .
. . .1 3.560 2.377
The New Hampshire road may sue to
enforce payment of $50,000,000 repu
diated South Carolina bonds.
m 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. 1 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
30 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 trie possible effect of tariff
reductions on our foreign trade balance
becomes a timely topic for consideration.
Last year our foreign trade reached a
new zenith with a total of exports and
imports of $4,275 000,000, or $421,000,000
more than that of 1912. Exports so far
exceeded imports that this vast com
merce created a trade balance ih our
favor abroad of $652,000,000 Can this
be maintained next year when r new
and much lower tariff is 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 shows the following changes:
Average Statement.
Excess cash reserve, decrease, $2,603,-
500.
Loans, decrease, $494,000
Specie, decrease. 182,000.
Legal tenders, dec. ease, $1,337,000.
Net deposits, decrease, $3,970,000.
Circulation, decrease. $67,000.
Actual Statement.
Ixians. 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%fa4.87, wdth ac tual busi
ness in bankers’ Mils at 4.8600 for de
mand and 4.8315 for 60-dav bills.
U. S STEEL STATEM ENT.
NEW YORK. Aug. 9.—The United
States Steel Corporation reports unfilled
cr(>r« on Its books as of July 31 of
5,31.6 tons. This compares with
5.807.271 tons on June 30. 6,324,322 tons
on May 31. 6.978,762 tons on April 30
and 5,957,079 tons on July 31, 1912.
Port stocks,
Port r’c’pts*
Exports ... 1
Int. r’c’pts'
Int. s’m nts!
Int. stocks.!
137,768
16,639!
15,745
12,725'
25,174
131,0121
146,690
14.5271
32,023
13,045
27,602
143,458
212,948
9,579
13,608
10,665
14,937
94.831
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. | 1911.
57,000
26,000
1.300
1,000
76.000,
702.000
502.000’
7,200
19,000
5.000!
4,565.000 5
3,593.000 4,
35,000
10,000
37,000
29.000 :
31.000
900
68,000
724.000;
607.000
4.600
13,000
7,000 1
046,000
,269,000'
55,000
18,000
26.000
21.0V0
1,100
700
36.000
501,000
329.000
6,000
22,004
6,000
4.278.000
3.344.000
48,000
5,000
Hester’s Weekly
Cotton Statistics
Secretary Hester’s statement of the
world’s visible 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 116,384 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 1,154.-
582. against 1,315,203 last week. 1,438,-
675 last year and 732,163 year before last,
and of all other kinds, including Egypt,
Brazil, India, etc., 1.207.000, againsi 1,-
271,000 last week, 859.000 last year and
893,000 year before last
The total world’s visible supply of cot
ton as above shows a decrease com
pared with last week of 224,621, an in
crease compared with last year of 63.907
and an increase compared with year be
fore last of 736.419.
Of the world’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 463,000 year before
last, and in the United States 254.000.
against 251,000 last year and 211,00')
year before last.
THE WEATHER.
Conditions.
WASHINGTON, Aug. 9.—There will
be occasional showers during to-night
and Sunday to the Lake region and the
New Englana 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, hut 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 Texas—Fair to-night and Sun
day.
West Texas—Fair in south, showers
in north portion tonight or Sunday;
cooler in north portion Sunday,
COTTON MARKET OPINIONS.
George F. Jones & Son: We expect
prices to do better until the drouth is
generally broken.
Norden & Co.: We believe that the
most reasonable course of cotton is to
make use of fluctuations that may he
caused by daily weather conditions and
the technical position of the market
Logan & Bryan: 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.
Early Advance Based on Bullish
U. S. Figures—Advance Lost
by Profit Taking.
ST. LOUIS CASH QUOTATIONS.
Wheat—No. 2 red 85%fa87%j
Corn—No. 2 74 <g>75
Oats—No. 2 42
CHICAGO, Aug. 9.—Corn was up as j
much as 1 cent for the September option I
early, but It broke % on predictions of !
rain in many sections of the corn belt, i
with sales from 73 down to 72' M 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
■pectively.
The Government crop report on corn 1
was considered bullish, but the figures
which were made up August 1 failed i
to reflect the damage as a whole.
Wheat was % to % higher at the
start, but this and % more was lost
befrtre the session was more than haif
an hour old.
Oats were higher early, but sold off
with other grains and showed a weak
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.... 20.20
Jan.... 19.35
LARD—
Sept. . . . 11.37%
Oct 11 47%
Jan .... 10.82%
RIBS—
Sept. . . . 11.15
Oct 11.17%
Jan 10 32%
Previous
Close. Close.
85%
94%
89%
71%
66%
68%
41%
43%
46%
20.55
19.97%
19.12%
1115
11.30
10.72%
10.97%
11.00
10.12%
85%
89%
94%
72
66%
68%
41%
43%
46%
20.62%
20 00
19 17%
11 15
11.27%
10.72%
11.02%
11 or,
10.12%
85%
89%
94%
67%
69
42*4
44%
47%
20.80 1
20.25 ;
19.25 1
M -*?3
11.47
10.:
11.10
11.07%
10.17%
CHICAGO CASH QUOTATIONS.
CHICAGO, Aug. 9—Wheat—No 2 red
new 86<&86%, No. 3 red new 85%fa86,
No. 2 hard winter new 86fa87, No. 3 hard
winter new 85%fa86, No 1 Northern
spring 91(p91%. No, 2 Northern spring
90fa91, No. 3 spring 88fa90
Corn—No. 2 72%(®73, No. 2 white 73fa
71%. No. 2 yellow 72%®7S%, No. 3 72$
72*-6, No. 3 white 73, No. 3 yellow 72%
(Ft 73, No. 4 72(®72%. No. 4 white 72fai
72*4. No 4 yellow 72(fi'72*4.
Oats—No. 2 new 42fa42%, No. 3 white
new 40%fa'41*/ 4 . old 40%fa41*.,. No. 4
white new 40fa40%, old 40fa40*.'., stand
ard new 41% fa 42*4, old 42fa42%.
CHICAGO CAR LOTS.
Following are receipts for Saturday
and estimated receipts for Monday.
Sat’day. Mondav i
Wheat 499 45,8
Corn 164 102 j
Oats 309 237
Hogs 6,500 38,000 I
NEW YORK COFFEE MARKET.
Coffee quotations:
| Opening |
9.07 @9716
January.
February.
March.
April. . .
May . .
.Tune
July . .
August. .
September.
October. .
November.
December.
*./ :i
9.17(619.25
9.21 fa 9 33
9.35 fa 9.40
9.41 iff 9.43
9.45(0 9.50
8 Q :• U
8.74 fa s! 75 1
8.85
8.95fa 9.05 1
9.05(69.07 1
Closing.
9"06fa 9.09~
9 It Q 9 19
9
9.31 fa 9.33
9.36 fa 9.38
9 $8 9 10
0.41 fa 9.43
8.60628.65
8.67(6 8.68
8.77fa 8 80
8.87fa8.50
Closed steady. Sales. 84,500 bags
COTTON SEED OIL.
Cotton seed oil quotations:
I Opening 1 Closing
! 9 00
9.02(0*9.10
9 00fa 9.04
7.98fa 7.99
6.99fa 7 01
6.76 fa 6.77
6 73fa 6.75
6.70fa 6.77
6.73@6.76
. .! 8.50fa 9.15
. J 8 87fa 9.10
. .| 7.98(08.00
.. !6.99fa7 01
. . 6 78fa 6.80
. . *6 73fa)6.75
. . I6.70fa 6 80
. . 6 70fa'6.80
Spot ....
August . .
September .
October . .
November .
December .
January . .
February
March J
Closed steady; sales, 4,600 barrels.
LIVE STOCK MARKET.
CHICAGO. Aug 9.—Hogs sold like
hoteakes 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.
LIVERPOOL GRAIN MARKET.
LIVERPOOL, Aug. 9.—Wheat closed I
4d lower.
Corn closed unchanged to %d higher, j
Mortgage Money
I want a. few more
choice Real Estate ’ I
Loans—$1 000 to
$5,000. Suburban
P roper ties and
Farms considered
if well improved.
Wm, Hurd Hiiifer
Trust Co. ot Ga. Bi&
I©WRY NATIONAL EMi K
Capital $1,000,000
Surplus $1,000,000
Savinas. Department Safe Dspasil Box
Alfred Vanderbilt Is
Frozen Out oi 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
TO-MORROW’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 all 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 it would be folly to ignore.
So insure yourself a day of solid
enjoyment and instruction by
ordering from your dealer at
once or bv phoning your order
to Main 100.
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
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 Sundays
American
i|k
C—1
. aaea«MB-rfc»t-i«aig5