Atlanta Georgian. (Atlanta, Ga.) 1912-1939, August 11, 1913, Image 13

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1 13 THE ATLANTA GEORGIAN AND NEWS state for sale. REAL ESTATE FOR SALE. INCOME PROPERTY 1 HERE IS NOTHING like good income-producing property that can be bought on liberal terms for a safe investment. Below we offer several places that can be bought on such easy terms that they will almost pay for themselves: No. 242 Jones avenue—Five rooms, all conveniences, on paved street, near car line. $2,350. No. 341 Simpson—An entire block, 214x140 feet; a house °n a piece of ground this size promises all sorts of opportuni ties. Price $5,000. Corner Boulevard and Old Wheat—Lot 60x00 feet; 12- room house and room for good store on corner. This is an un usually good income proposition, and can be made much bet ter. Price $5,000. FORREST & GEORGE ADAIR FOR SALE JOHN J. WOODSIDE BEAI'TIFUL VACANT I/OTS. (Ormewood Park.) GOOD people, schools and car serv ice. Rapid growth out here. Look into this. Easy terms. THOMAS R FINNEY. Rales Manager, 12 • Real Estate Row.” FTift feALfi 6Y GREEN E R E A L X Y COMPANY GRANT PARK HOMES. WE have several of the best bargains In this entire section. We have them that can not fail to please you from five rooms to twelve rooms. Priced low f and terms easy. Call by the office or use the phone 611 EMPIRE BLDG. REAL E8TATE, RENTING, LOANS. Phones 1599 RESIDENCE No 406 miTRTLAND STREET, between Currier and Pine 1 e.treau, we offer a VERY GOOD 8-room house with all conveniences; lot 25 by 145. This house rents for $45 per month. Price, $5,000. J. R. J. H. SMITH & EWING Ivy 1513. REAL ESTATE. RENTING AND LOANS. 130 Peachtree St. Atl. 2865. FIFTY SMALL FARMS AT AUCTION DAKOTA, TURNER COUNTY, GEORGIA AUGUST 28TH CHOICE RED PEBBLE SOIL TERMS—10 per cent cash, balance in five equal an nual payments, 6 per cent interest after January 1st, 1914. FREE—Round trip ticket to every purchaser. You are invited—Grand Barbecue and Band Music. EDWIN P. ANSLEY ATLANTA Carolina Development Company, Auctioneers. INVESTMENTS NO 796 MARIETTA STREET—Next to corner of Bell wood avenue on the railroad side running through to another street, lot 50 by 197. Want offer at once for division of estate. NO. 105 LUCKIE STREET—Near new Y. M. C. A., lot 22 by 26. Also No. 104 W. Cain street, lot 23 by 68. Make an offer on either. DECATUR STREET LOT—This side of Boulevard, 52 by 85 to an alley; $60 S er front foot Nothing around it for less than $100 and over 385 E. GEORGIA AVENUE—Six rooms, $3,650 NO. 451 E.. GEORGIA AVENUE—Five rooms. $3,500. SEVERAL PRETTY BUNGALOWS in Ormewood Park, with all improve ments, except gas, in prices from $2,500 to $7,000. Large lots; easy terms. THOMSON & LYNES 18-20 Walton Street. Phone Ivy 718. MONEY TO LOAN. MONEY TO LOAN. MONEY TO LOAN IN AMOUNTS ranging from $1,000 to $4,000. Have fund on hand. No delay. OTIS & HOLLIDAY. Nos. 1505-6 Fourth National. Phone M. 175. REAL ESTATE AND CONSTRUCTION NEWS REAL ESTATE FjOR^SALE. WILL SELL my house on South Ride. 85 Ptckert street, or exchange my equity for vacant lot or house on North Side. Call Mr. Cowles. Ivy 4772. 84 East North avenue. LEASE OR SALE—Artie tic bungalow; screened, tiled, furnace, garage. Ad- dress “Ansley Park,” care Georgian. ON ACCOUNT business reasons, will sacrifice my North Side home. This is on good street with all conveniences; 5-minute schedule. 12-minute ride to business; lot is 50 by 190, with good garden, fenced; house has 6 rooms and bath, combination fixtures, beam ceil ings Inside woodwork piano finished; polished floors; 14-foot front porch; and. last of all. will sell for $4,500 if taken at once. If you want a bargain, let me show you. Mr. Nunn. Main 2854. FOR SALE—Two lots In Hollywood Cemetery, $75 each, for a quick sale. 54 W Baker St. FOR SALE—North Side 7-room bunga low with sleeping porch; all screened: furnace heated; bargain. Ivy 5974 -ALE BY OWNER—Pretty new home on the prettiest part of St. Charles avenue. 8 rooms and sleeping perch; lot 52x200; all conveniences. Bar- ga n, $6,000 Terms to suit Ivy 2564-.I. FOR RALE OR RENT—8-room house. 379 Washington St., lot 40x200; prefer to sell on easy terms. Apply to owner, 370 Washington St. FOR SALE—By owner, beautiful six- room cottage, with lovely surround ing" No agent need call. Call Main S264-J. .... 57 ACRES, five-rroom house, barn; mile of depot; $2,000; only $300 year; level land pasture and water. Address Dairy, Uox 653. ca:e Georgian. —IN NEXT COLUMN. REAL ESTATE FOR SALE ACCOUNT CHANGE in business I will sell my home in Druid Hill section at less than it cost me. Location ideal, lot 185 deep, fine garden, chicken runs and back yard. House has hardwood floors in three rooms, is screened throughout, including back porch. Tile bathroom between the bed rooms. Exposed beam ceiling, sliding doors, gas, elec tric lights, hot and cold water. Modern in every respect. If you want up-to-date home at sacrifice price and reasonable terms, see me at once or call M. 2059. V. H., Box 49, care Georgian. ON RIVER CAR LINF: -Four-room cement block house. $16 per month; no cash payment. John Carey, No. 2 Whitehall street. All Delegates Back From Big Convention Claim That Tampa and Atlanta Will Contest for 1916 Meet—County Work 18 Completed. Charley P. Glover, Harris G. White and F*itzhugh Knox have returned from the sixth annual convention of the National Association of Real Es tate Exchanges at Winnipeg, with glowing accounts of their trip and confident predictions of success for Atlanta in the fight for the 1916 con vention. “Memphis presented an Invitation to the delegates,” declared Mr. Glover, “but I think the fight Is going to be between Atlanta and Tampa. The Florida city has put in a claim, and many of the delegates will probably take kindly to the idea of going to Florida in the winter, but I think that notwithstanding this Atlanta will win. “All of the delegates had heard a great deal about Atlanta and those who haven’t been here declared that they were anxious to come. Thev crowded around us to hear us talk about the Gate City, and already we have assurances of splendid support. “Atlanta can get the convention and its 1,000 delegates if she wants it. That is. we are a little bit skeptical about financing the meeting. Winni peg spent $20,000 In entertainment, and Pittsburg will spend $10,000. In order to raise enough money, we must get this matter properly before our civic bodies. Every interest must help. It Is a big thing and well worth going after.” "Mr. Glover made the distinct hit of the convention." declared Mr. White. “His speeches at Regina and on the convention floor were very fa vorably received. He is plenty big enough for the presidency of the as sociation, and I expect him to be elected in due time “The Canadians have us beat here in Atlanta when It comes to boosting their products and their soil. I have never seen anything like It. We can take lessons from them, and I think the Atlanta delegation did get some pointers that will be of use in the fu ture. "Atlanta realty value? are not too high by any means. Why. in towns of 30,000 people in Canada they are pricing residence property \t $200 to $500 a foot, anticipating in the case of the $500 a foot property that it will soon be counted semi-central.” Mr. Glover also declared that At lanta, outside the narrow zone around Five Points, is not too high in price. Finishing Marietta Street. Work was completed by the county convicts Monday on Marietta street repaving and resurfacing from the center of the city to the Chattahoo chee river, this job having been start ed some months ago. Smooth paving is now encountered the entire length of the thoroughfare in Fulton County, and the street is one of the best in this sectino. Shelby Smith, chairman of the County Commissioners, declared that work would be started at once resur facing and oiling the Howell Mill road from the Seaboard railroad to the Southern bridge, and that Brady street would be resurfaced from Ma rietta street to Tenth, and extended from Tenth to the Howell Mill road, through the stockyards. This latter improvement is made to pave the way for the Howell Mill road car line, which has been assured by the Geor gia Railway and Power Company. Listing of Building. The Potts automobile building at the southwest corner of Peachtree and Linden streets has been listed with the Forrest & George Adair Real Estate Agency for leasing. This Is a two-story concrete structure in tended for automobile purposes, ani Is one of the handsomest on “auto mobile row.” Better Money Conditions. J. H. Ewing, member of the real estate firm of Smith & Ewing, re turned Sunday night from New York and Washington. Mr. Ewing reports general good feeling over the offer of Treasury money to help move South ern and Western crops, and says the general impression in the East Is that this money will help the South more than the West. He declared that 1n a month or 60 days financial conditions in Atlanta would return to normal and that there would be plenty of money for all purposes. To Build $14,000 Home. J. M. B. Hoxsey has made appli cation at Building Inspector Hays’ office for a permit to build a $14,000 two-story brick veneer dwelling on Piedmont avenue, 270 feet north of West Fourteenth street. The architect is P. Thornton Marye. Peachtree Homes for So,e. Two Peachtree homes hate been put on the market, big signs in the front yards announcing the fact. The REAL ESTATE FOR SALP FOR SALE—Large beautiful corner lot; well elevated; Peachtree Heights ad dition; will sell my equity cheap R. W. A., Box 905. care Georgian. ATTRACTIVE five-room bungalow, nice sleeping porch, bath and electricity; lot 60x160, in South Kirkwood. $25 a month or cash on terms A bargain Phone Main 3992. cu'NEK will sell at sacrifice, fine i^i- dence on popular North Ride street; corner lot; ten rooms, two baths, steam beat; everything complete; no agents Owner, P. O. Drawer 1686 FOR SALE—By owner. 526 Crew St., new six-room house; tile hearth, cabi net mantels, electric lights, bath. In stantaneous heater, sink and wash basin. Call Ivy 595 ON ONE of principal West End streets I am offering an exceptional bargain at $3,750; fine location; 6-room bun galow; combination fixtures; all con veniences and good lot; for quick sale only at above price, and will give easy terms If you are from Missouri. 1 am from Texas Mr. Tibbs. Main 2854 CONTINUED IN NEXT COLUMN. flrstt Is the property of John II. James, at No. 314 Peachtree, a two-story frame house on a 64 by 160 foot lot. This is on the west side of the street between Baker and Ivy streets. Front age in this neighborhood is about $1,500 a front foot. The second is for sale by Jonathan B. Frost, at No. 628 Peachtree, on the same side of the street, between Lin den street and North avenue, like wise a two-story frame dwelling In side lots in this neighborhood are about $1,000 to $1,100 a front foot. Elevator Service Extension. People who have watched the evo lution of buildings in Atlanta have noted with a good deal of interest the gradual increase In elevator fa cilities in the sky sera pers. From the single elevator in the old daye has sprung the sextuple system of the present day. Skyscraper officials figure that one elevator per three floors is about the right proportion. Office buildings with eighteen stories have six. and the structures of the future with 24 will have eight. The Healey Build ing will contain six elevators, part of which will be express and part local cars, as usual. Planning Apartment for Currier St. Currier street is to have a hand some new apartment house. The plans are not out yet, but Mrs. Flora Sfedley has picked out the lot and will soon take up the matter of the building with her architect. The lot is at No. 45 Currier street, between Courtland street and Piedmont ave nue, and was bought from Chapman & Gibson through the Roff Sims Real Estate Agency for $10,500. The Sims agency made small sales in the first week of August aggregat ing approximately $20,000, including the above, and the others consist of the sale of renting property on West Fair street, near Ashby street, bough’ from Andrew Chappell for Ben Wilkes, for $1,650; No. 187 Pulliam street, A. Y. Coles to Benjamin Franklin. $3,250, and a house and four lots in East Point. E. A. Nealy to L. R. Warren, $4,250. .noRTH SIDE LOT, «5 by 192. to alley. tile sidewalks; water and sewer mains, curb, cherted streets, electric lights, within two blocks of Peachtree car; >850; easy payments Address Ixjt. Box y 71. rare (ieorglan FOR RENT ~OR~ "SALE- Residence - In best section All conveniences. Price and terms reasonable. Apply owner. 708 Candler Building REAL ESTATE FOR EXCHANGE. FORTY-ACRE farm near Atlanta to ex change for Ford touring car, or will sell on terms like rent. Price, $1.400 Fred, care Georgian. REAL ESTATE WANTED. WILL EXCHANGE gilt-edge bank stock for residence. Investment, care Georgia n REAL ESTATE WANTED. WE have several buyers for small in vestments ranging from $1,000 to $6,- 000 Phone or write us OTIS & HOLLIDAY. 1505-6 Fourth National Phone M. 176 WANTED—Vacant lot. or five or six- ronm bungalow, on Norih Side; must be desirable location and a bargain for cash. Box 91, care American. PROPERTY TRANSFERS. Warranty Deeds. $10,550—Mrs. Carrie Oliver to Mis. Ida Colbert, lot 60 by 150 feet, south side Ponce DeLeon avenue. 50 feet west of Barnett street. August 8, 1913. No consideration given—Mrs. Ida Colbert to Lindsey Hopkins, same property. August 8. 1913. $3,250—Mrs. Flora M. Smedley to W. Bayne Gibson and A. B. Chap man, No. 187 Pulliam street, lot 41 by 141 feet. August 7, 1913. $1.250—J. R. Hopkins to George M. Niles, lot 75 by 100 feet, southeast corner Martin street and South ave nue. August 7-, 1913. $1,400—Jacob L. Harris to S. C. Prim, lot 25 by 135 feet, west side Butler street, 125 feet south of Wheat 9treet. August 8, 1913. $1,500—Joel T. Daves to John T. Tavlor. lot 50 by 150 feet, south side West Tenth street. 132 feet east of Ridge avenue. August 8, 1913. $3,700—John T. Taylor to Homer W. Cothran, same property. August 8 1913 i $1 and other considerations—Marist Society of Georgia to Rt. Rev. Ben jamin J. Kelly, Bishop of Diocese of Savannah, lot 143 by 250 feet, east side of Ivy street. 169 feet south of southeast corner Forrest avenue and Peachtree street. July 19, 1913. $1.382—J. L. Patrick to Mrs. M. E. Davidson, lot 40 by 190 feet, west side Moreland avenue 566 feet north of Austin avenue. August 7. 1913. $70—O. C. Kidd to J. F. Foster, lot 20. of Plunket and Kidd’s subdivision, land lot 65 14th district. February 25, 1913. $700—G. I. Walker and Asbury C. Wellborn to C. R. Cunningham and J. A. Massey, lot 90 by 115 feet, south east corner Connally street and Mil- ledge avenue. August 8, 1918. $3.400—J. H Whlsenant to S. L. Wright, No. 24 Lakeview avenue, 50 by 140 feet. January 20, 1911. $3,500—Fulton Building and Im provement Company to J. J. and Mrs. Mattie Skelton, lot 53 by 150 feet, south side Sells avenue, 50 feet east of Dargan street. July 30. 1910. $10 and Other Considerations— Mary V. Alston to Matthew M Al ston. Jr., lot 52 by 85 feet, west side Fort street, 26 feet north of Clifton place; also lot 50 by 79 feet, south side Chestnut avenue or Vernon place, 85 feet west of Fort street; also lot 25 l>y 79 feet, north side Clifton place, 85 feet west of Fort street. Au gust 1. $14,000—Mrs. A. F. Edmondson to James S. Kempton, lot 86 by 234 Bar nett street. August 9. $350—W. T. Johnson to Hortense Taylor, lot 80 by 100 feet, west side Malden lane, 100 feet south of Yale avenue. August 7. $2.000—Mrs. Ida T. Honour to W. E. Baker, lot 42 by 100 feet, north side Decatur road, being lot 8 of Treadwell property in Atlanta Heights, land lot 99, Seventeenth Dis trict. January 15, 1912. $3,548—Mrs. Bessie F. Adams to Mrs. Lucy E. Carr, No. 571 Wood ward avenue, 49 by 132 feet. July 25. $1. Love and Affection—Mrs. Susan C. Sims to Walter A. Sims, lot 50 by 200 feet, north side Pharr road, 400 feet east of line of land lots 61 and 99. July 12. $300—Provident Savings Associa tion of Atlanta to Mrs. Julia A. Han cock, lot 25 by 100 feet, west side Windsor street. 375 feet south of Roy street. July 30. $300—Same to same, lot 25 by 100 feet, west side Windsor street. 475 Teet south of Roy street. July 30. Deed to Secure. $1,250 K. A. Donehoo to Smith & Simpson Lumber Company, 43.9 acres in land lots 25 and 26, Fourteenth District. 171 feet north of southwest corner of land lot 25. August 7. Building Permits. $14,000- .1. M. B. Hoxsey. Piedmont avenue, build two-story dwelling Gude & Co. $1.800—A. J. Moss and F. D. Terry, No. 225 Kelly street, one-story frani** dwelling Day work $800—Joe Moses. No. 86 West Lin den street, same. Day work. $950—Eban Smith, Floyd avenue, same. Day work. $1.800—W. D. Beatie, Alien© avenue, one-story frame dwelling. Day work. $3,500—Mrs. Bernice Hackett, Eighth street, same. Fulton County Home Builders. $150—G. Russell. No. 283 East North avenue, build sleeping porch. Day work. $60—G. L. Corley, No. 25 Warren place, alterations. I>av work. $1.500—Ed Cerf, No. 12 Whitehall street, change store front. Day work. $35—8. S. Selig. .Tr.. rear of Nos. 306-307 Marietta street, build rock wall and tool house. Day work. EARLY HIGH POINT Early Dry Map Causes Advance, but Promise of Rain Pro motes Active Selling. NEW YORK, Aug. 11 As the ex pected rains over Texas and Okla homa failed to materialize Sunday and Liverpool cables were better than had been expected, the cotton market opened steady to-day with the entire list at a net advance of 8 to 12 points from Saturday’s final, except August, which opened 2 points net lower. However, immediately after the open ing this option rallied 8 points to 11.63, 'nothing between, and later in creased its advance 2 more points. The upward trend of prices was due entirely to the weather. Official weather records showed that splendid rains fell over Sunday In Arkansas, and a few- showers pre vailed over th© southern half of Texas. This, coupled with a rather bearish circular of Habersham King on the weeks development of the crop, which stated that while tem peratures were above normal and pre cipitation being below an unfavorable Combination, conditions which pre ceded render it temporarily a favor able combination as to 85 per cent ol the belt, leaving it injurious as to the dry portion of Texas and Olahoma, and contributing the remaining 1* per cent, which is the only section now suffering for rain, resulted in an active selling movement gener ally, and prices shaded sharply, drop ping 4 to 9 points from the initial level. Local weather expert's predictions for rain in the next few days and the Gov ernment’s forecast for showers in Ar kansas and unsettled weather in Okla homa, caused the market to sell off Later the noon weather posted show ing temperatures in the western belt for yesterday in many places ranging from 100 to 106, in Oklahoma principally, caused buying and a few points’ rally followed. . Texas wai not so warm, but had lit tle or no rain, only 2 points showing rainfall, which was 1-100 of an Inch and 2-100 of an inch. With continued dry weather for the next few days, the tem per of the ring Indicates that a good rally would follow On the other hand, the bearish ele ment is Just waiting for signs of rain to sell on It Is believed that the weekly weather report to-morrow’ will be bullish, and the crowd seems to be wait ing Its publication before taking any definite stand. Turner's report, issued this morning, was bearish on conditions, with the exception of Oklahoma, where the temperatures have ranged too high. The course of the market for the next few days depends entirely on the weath er, which must be watched closely. Following are 11 a. m. bids in New York: August, 11.63; October. 1104; December. 10.99; January, 10 88, March, 10.98. Following are 10 a m. bids in New Orleans: August, 11.38; October, 11.08; January, 11 08. Estimated cotton receipts: Tuesday. 1912 New Orleans 350 to 450 147 NEW YORK COTTON. Allg. . Sept. . Oct. . Nov. Dec. . Jan. . Feb. Mch. . May . I I 1 I 1:30 I Prev. lOpen High ! Low P.M.I Close. .111.55111:65111.55111.64111.67-59 . 11.27111.27111.27 11.27 11.20-23 .111 .05:11.08;10.98110.99! 10.97-98 J j ! ! llO.92-94 . ill .04 11.05)10.94 10.95 10.94-96 'l0.95il0.95 10.83 10.85 10.83-84 .!. . i i '10 91-94 . 111. 04)11.04)10.93 10.49110.97-98 . 11.05 i 11 .05111.02111.02111.86-86 LIVERPOOL COTTON MARKET. Futures opened steady. Opening Range 2P M Clo<ae. Prev. r’ln^e. Aug . . . . . .6.14 6 15 6 15 6.19 Aiig.-Sept . 6.07 6.08 6 08 6 12 Sept.-Oct . . .599 5.98 5.99 6.03 Oct.-Nov. . . .5.95 5.95 5.95 5.99 Uov - TV( • 89 fvR9Y* 5. MO 5 94 Dec,-Jan. . . .590 5.89 Vi 5 90 5.94 Jan - Feb . . .5.91 6.91H 5.71 5.95 Feb -Mch . . .592 6.92V4 Mch - April . . .5.92% 5.94 5 94 5 98 Apr-May . . . 5.93 Ya 5.95 6.99 May-June . . .5.95»/4 5.95 5.96 6.00 June-July . . .5 9 4 ’4 5.96 Closed qi ilet and steady. HAYWARD <£. CLARK’S DAILY COTTON LETTER NEW ORLEANS, Aug. 11—Rain de velopments over the western States are a little slow, only light showers falling in scattered localities, but it is cloudy everywhere, and it looks now as If pre cipitation were only a question of a few days. Good rains fell over Sunday in Arkansas and North Louisiana; and scattered showers in the rest of the belt. Liverpool came In about 3 points bet ter than due on futures and quoted spots 5 points lower; sales 7.000 bales. This market opened 5 points higher, but eased off when official records showed big general rains in Arkansas over Sun day and predicted unsettled weather for Oklahoma. It is a waiting market, with an unsatisfactory undertone To-morrow’s weekly weather report is expected unfavorable for the western States, and there Is some demand by scalpers on this account. NEW ORLEANS COTTON. I l 1 l 1:30 1 Prev. jOpen|iiigh| LowIP.M ! Close. Aug. . 11. 41 n 41 11 41 n 41 n 35 37 Sept. . n 08 10 Oct. .iii. 09 li i2 ii 01 ii 02 li 05 06 Nov. ii 02 03 Dec. , i i io ii 14 ii 00 ii 00 n 03 04 Jan. li u 11 11 n 01 n 11 n 04 Feb n 02 04 Mch . . i: >} 2 1 22 ii i i i i ii n 12 14 May u 22 24 THE WEATHER. Conditions. WASHINGTON. Aug 11 The Indica tions are that the weather will be gen ©rally fair through the districts east of the Mississippi River during the next 36 hours, except in Florida and the I.ake region, where local showers will occur Tuesday. Temperatures will rise slowly to-night in the upper Lake region and on Tues day In the lake region and the Ohio Valley. The weather will be cool In the North and Middle Atlantic States Forecast. Forecast till 8 p. m. Tuesday: Georgia -Generally fair to-night and Tuesday. Virginia and North Carolina Fair to night; cooler in east portions; Tuesday fair. South Carolina--Generall.v fair to night and Tuesday Florida Occasional showers to-night or Tuesday. Alabama and Mississippi—Fair, except Rhow’ers in extreme south portions to night or Tuesday Tennessee—Generally fair to-night and Tuesday. Ixmisiana Fair in north and west; showers in southeast portion to-night or Tuesday. Texas—Fair to-night and Tuesday. STOCKS ftREDULL BUI HOLD FIRM Upward Trend Due to Improved Foreign Situation—Union Pa cific-Steel Attractive. By CHARLES W. STORM. NEW YORK. Aug. 11.—Texas Com pany was again bullishly prominent at the opening of the stock market to-day. advancing 2 1-4 points to 116 1-4. The copper group was about the weakest, although Mexican Petroleum lost 1 point. Canadian Pacific ad vanced l point on foreign buying, due evidently to the belief that peace has at last been restored in the Bal kans, with the resultant quietus on war talk in Europe. Among the leases were Amalga mated Copper. 1-2; Steel common, 3-8; American Can 1-4; Chino Cop per. 5-8; Erie. 3-8; Missouri, Kan sas and Texas. 1-4; Republic Iron and Steel. 1-4; Reading, 1-8; Union Pa cific, 1-2 Union Pacific recovered Its loss and made a slight gain. At the end of half an hour a firm tone prevailed. Atchison advanced 1-4, while Wa bash. Missouri Pacific and Norfolk and Western gained fractionally. The curb was steady. Americans in London were dull and moved in a narrow range pending Mexican developments. In Wail Street no perturbation was felt over a possible break between Mexico and the United States. In th© late forenoon, the tone con tinued firm, and marfy of the leading railroads and industrials made fractional gains over th© initial figures Steel com mon was in brisk demand, moving up % to 62. while similar gains were noted in American Can common. Reading. Erie, Brooklyn Rapid Transit and Cana dian Pacific Immediately after the announcement of the terms of the iubscriptlon to Southern Pacific certificates. Southern Pacific declined 1% to 91 Vi. its high price in the early trading. The stock was back to 92Hi in the next few min utes. however, and there was indication of hanking accumulation. The rest of the list displayed a strong tone. NEW YORK STOCK MARKET. Stock quotations at 1:30 p STOCKS— High Low. 1:30 PM Prev. Close. Amal. Copper 71% 7i v* 716, 714 American Can 33^ 324 334 S3* do, pref. .. 93*/% 934 934 92% Am. Car Fdy.. 45\ 454 454 454 Am. Loeomo. . 33V4 33 H 33 4 324 Am. Smelting 65 65 65 64M. Anaconda .... 36Vi 36% 364 36% Atchison 99Y*» 994 99 % 964 B. R. T 89M; 89 89 4 88% Can. Pacific.. 217 21«»* 217 2154 C. and 0 56M, 554 564 664 Colo. F. and I 31 \ 31% 814 31 Corn Products 104 104 104 10% Erie 28^ 284 284 28% do. pref. .. 464 46 46* 46 4 Gen. Electric.. 141 141 141 140% G. North, pfd. 1284 128 128 138 xlll Central.. 1054 1054 1054 107 Interboro .... 164 164 164 do. pref. .. 614 60% 81* 60% M . K. and T. 234 23^ 28* 234 Mo Pacific. . 324 324 324 32 N Y Central 984 98% 984 98% Northwest.. . 1294 129% 129% 129 N. and \V r . . . 1054 1066, 1054 1054 No. Paciflo. . ill 111 111 110% Penna 118 113 113 113 Reading . . . 1684 1684 158% 158% R. I. and Steel 24 4 244 24 4 24 Rock Island . 174 174 17% 174 do. pfd.. . . 294 29 4 29 4 29% So. Pacific. . 924 914 91% 924 So. Railway , 244 2464 24% 25 St. Paul . . . 1084 108 1084 108 V* Union Pacific. 1524 1514 152 161% U. S. Steel . 62 61% 61 % 61% Utah Copper. 50 49% 49% 50 Wabash. ... 44 4* 3% do. pfd.. . . 13% 12% 124 12% W. Union . . 674 67\ 674 67 W. Electric. . 64 64 64 63* xEx-dividend, 24 per cent UNION PACIFIC RIGHTS ARE FIXED AT $92 NEW YORK. Aug. 11.—At its meet ing to-day the board of directors of the Union Pacific Railroad set the subscrip tion for certificates of interest In South ern Pacific stock at $92 per share, which includes the dividends accumu lated on th© stock since January 1, 1913. The right of subscription by stockhold ers will terminate September 2, at which time payment is either to be made in full, or, at the option of the stockholder, $25 per share, and the balance with 6 per cent interest on or at any time before September 2, 1914. The board of directors further de clared the regular quarterly dividend of 2” 4 per cent on the common stock of the company, payable on October 1, to stockholders of record September 2. STOCK GOSSIP Statistics compiled by American Iron and Steel Institute show a total produc tion of all kinds of finished rolled forms of Iron and steel of 1912 of 24.656.841 gross tons, a new high record, compar Ing with previous high record of 21,621,- 279 in 1910 • • • The stock market, though dull, holds firm There are several special stocks that will probably sell higher on account «>f the coming announcements that will affect them. Interborough preferred will most likely be placed on a 5 per i-ent dividend basis this fall. Union Pa- ■ ifio will undoubtedly pay an extra dlv ideml from surplus account before the end of the year. The copper issues should also be attractive on account of the advancing tendency of the metal Believe the Issues mentioned are a pur chase for the long pull -G. D. Potter • • « Holders of Union Pacific stock will be entitled to one right for each share of Union Pacific they hold when stock sells ex-dividend on New York Stock Exchange For each 100 T’nlon Pacific rights the holder may subscribe to 27 shares of Southern Pacific at 92, and on this 27 shares he will receive 3 points hack dividends. Washington predicts cooler weather throughout the grain belt this week. * • * Kansas. Missouri and Oklahoma saw no relief Saturday from the extreme hot wave from which for more than a week residents of those three states have suf fered Temperatures above 100 were recorded at every point reporting In some places there were indications of ralnR and cooler weather No rain, how ever, fell during the day. The highest temperature reported In Kansas was 110 degrees. • • • Heavy rains through the northern cen tral States and the Lake region brought relief from the Intense heat today. The rain did not extend far enough south, however, to benefit the corn belt of Southern Illinois. Kansas. Oklahoma and Missouri. Rainfall: Omaha, .11; Nebraska had good rains Saturday In the North Platte territory; Fremont, .60; Genoa. 2.33; North Bend. 1.00; Bassett. 2.00; Elk Creek, 1.60; Chicago, partly cloudy. 68 degrees, about l inch rain Sunday. Kansas City, partly oloudy, sprinkling, 76, showers last night; Terre Haute, sprinkling. 73; Springfield, partly cloudy, 75. no rain: St. Louis, clear, 85, no rain; Omaha, (dear, 84. fair, rains Saturday and Sunday. • • • Bartlett & Frazier Co. says: “Wheat — We are inclined to look for rather a dull market, as outside trade is light Corn—Since Saturday there have been fair rains in Iowa. Nebraska and north Illinois, but so far no reports of rain have reached us from Kansas or the Southwest. We look for a nervous market and there will doubtless be more or less scattered liquidation this morn ing Oats—Cul) demand is quiet, but of ferings of the new crop are moderate.” • • • "Think wheat and corn is a pur chase.” remarked a close observer. Corn probably will ease off a little, but September corn will sell higher.—Chap man. • • • Sunday’s wheat and corn bulletin shows high temperatures, 106 being shown at Ashland. • # • Kansas City wheat and corn region bulletin: Norton, Kans., .23. Marysville. Mo., 60; Kidder. .10: Brunswick, 50; St. Joseph, .20. Rains Sioux City. .04; Omaha, .08; Des Moines. 2.44. Daven port. 1.05; Peoria, .48; Kansas City .01; Devil’s Lake, 74; Bismarck, .10; Win nipeg. .04; Minndosa. .18 • • • “Do not see much in wheat Just yet,” says Ryocraft, "but would scalp on long side Think December com should be bought on any further break ” “Think wheat and corn is a purchase just now,” remarked Chapman, of Bart lett, Frazier Co., to-day. Corn, how ever, may ease ofT a little, but Septem ber corn will sell much higher.” • • • We understand there is a cable here reporting three days of frost in Argen tina. The wheat crop in Northern Ar gentina is now only a few inches high, while in the Southern fields much Is yet to seed. Under these conditions we take no stock in any theory of frost damage to growing wheat.—Rycroft. Sentiment more bearish than ever. • • • Spot people broke the market Satur day by unloading heavily Springs sold to Hubbard and the local crowd sold. Soon afterwards Cone came in and sold 10,006 October. December and January, starting for 11 05 for December, and this was the signal for Hicks, Jr., Schill and the ring generally to sell Stop orders were reached at 10.85 for January, and that month had a fainting spell and dropped to 10.81. The decline was stopped by week end short cover ing and a certain amount of trade buy ing around 11c for October * * • NEW ORLEANS. Aug 11—The weather map shows cloudy over entire belt, except fair In Tennessee, North Carolina; good rains In Arkansas and North Ixiulsiana. Light showers in Southeast and Northwest Texas In dications are for unsettled and showery weather over entire belt. Rain develop ments In west, but a little slow, but indications are good for precipitation In Texas and Oklahoma In the near future. Rains over Saturday: Amaril lo. 16; Galveston, raining; Palestine, Jacksonville. Fla.. 02; Little Rock, rain ing. 64; Memphis. .24; Houston, 01; Macon, .48, Monroe, La., 1 46. Nice rains fell over Sunday in Arkan sas, North Louisiana, hut little so far in western States. However, tempera tures range lower; nice rains Wash ington predicts showers and cooler gen erally toward end of week. • • • The New Orleans Times'-Democrat sav8: "Weather reports received by The Times-Democrat Sunday night from the sections of Texas and Oklahoma where drouth is affecting the cotton crop, the prospects were that no rain fell Sunday and none seemed to be impending im mediately. “High temperatures, all unofficial, prevailed In the belt. Dallas reported the weather clear, with a maximum temperature for the day of 94; San An tonio, clear, 95; Gainesville, clear, 100; Texarkana, partly cloudy, 91; Paris, clear/ 100; Denison, clear, 98; Temple! clear, 97; Oklahoma City, clear, 98; Ard more, clear, 97; Durant, clear, 98; Honey Grove, clear, 94. “The Government Weather Bureau, In its weekly forecast from Washington, predicted continued high temperatures until Wednesday, with Indications for a drop in the mercury, and well distrlb uted rains during the latter part of the week.” Texas noon weather: Galveston cloudy. 85; Houston clear. 86: San An tonio cloudy, 97; Austin clear, 89; Tay lor clear. 90 Belton clear, 90; Waco clear, 90, Dallas clear. 92; Fort Worth clear. 96. McKinney clear. 88; Sherman and Dennison clear. 88; Paris clear, 92; Texarkana clear, 92; Fort Smith, Ark., clear, 89; Ardmore. Okla., clear. 101; Chickasha clear. 95; Oklahoma City clear. 94; Muskogee clear. H8; McAles ter dear. 9T: Tulsa clear, 95. DRY GOODS BUSINESS STILL AT HIGH LEVEL PORT RECEIPTS. The following table shows receipts at the ports to-day compared with the Pay last >ear ] 1913 1912. New Orleans . . .! 100 12T Galveston. . . . 3,453 2.667 Mobile 3 21 Savannah ... 355 257 Charleston . . 5 Norfolk. .... 204 107 Total .1 4120 3.179 INTERIOR MOVEMENT. 1913. 1912. Houston. . . . .! 6.294 1 8.689 Augusta. . , . 150 . Memphis. . . . 61 | 160 St Loilis. . . . 125 131 Cincinnati. . . . 213 616 Total 5.843 T 9.596 CHICAGO Aug 11.- Marshall Field A Co. in a weekly review of the dry goods trade say: As Judged by the shipments of mer chandise for fall and for immediate use, the dry goods business of the week com pares favorably with that of the same period a year ago Buyers in the market from certain sections where hot weather is thought to have hurt corn are optimistic over the cron situation as a whole, as earlier crops already harvested offset somewhat present unfavorable prospects for later crops Collections remain normal. Salesmen on the road are beginning to send In orders for laces and embroid eries for Spring delivery Handkerchief lines for holiday selling are also getting considerable attention Drapery' fabrics are in great demand in anticipation of the fall decorating season. LIVERPOOL GRAIN MARKET. LIVERPOOL. Aug. 11. — Wheat opened unchanged; at 1:30 p. tu. the mantel was unohang(*l. Closed 4d higher. Corn opened unchanged; at 1:30 p. m. the market was V*d to %d lower. Closed 4d to %d lower. VISIBLE SUPPLY CHANGES. Following shows the weekly visible supply changes of grain for the week: Wheat, increased 3.868.000 bushels Corn, decreased 1.168,000 bushels Oats, increased 26,000 bushels. MIS IIIE UTILE EFFECT ON GRAIN Initial Sales Rapidly Absorbed by Commission Houses and the Shorts—Trade Aggressive. ST. LOUIS CASH QUOTATIONS. Wheat No. 2 red 854087V& Corn—No. 2 ,*...754<&7« Oats—No. 2 41Y4042 CHICAGO, Aug. 11.—Beneficial rains over the greater portion of the corn belt proved a help to the beara in corn and the market at Chicago opened 1 3-8 @ 1 3-4 cents lower. The larger longs were throwing over their lines, which were absorbed in a ready manner by shorts. The Southwest failed to receive any rains, and ad T vices received from that section were quite unfavorable. The buying of shorts on the initial decline brought values back to a level near the open ing prices. Conditions surrounding the wheat market abroad were more favorable* and values in the principal markets of the old world were lower. This, coupled with the early weaknesses shown by corn, resulted In a break of 3-8 0) 1-2 In wheat prices at Chicago. Heavy rains were reported in the spring wheat country. Worlds ship ments for the week were close to 13,000,000 bushels, compared with 9,- 488,000 bushels for the corresponding time last week There was an in creased movement to Northwestern markets, yet the arrivals there were lighter than the same day last year. Oats followed in the course of the other markets, showing declines of 3-8 (ft 5-8 cents early. The provision market ruled irregu-f lar In th© matter of price trend, pork and lard selling at slight advances* while ribs were marked lower. Grain quotations: High. WHEAT— Previous Close. Close. Sept.... 85% 85% 85% 86% Pec. .... 89% 89% 89* 89% May.. . . 944 94 94* 94% CORN— Sept.... 714 704 71 % 72 Dec 66% 66* 66* 66% May... 684 67 68 68* OATS- Sept . . 41% 40% 41% 41* Dec 44% 43% 44* 43% May... 46% 46* 46% 46% PORK Sept.... 20.874 20.274 20 874 20.624 Jan . 19.30 19.00 19 20 19.174 LARD— Sept.... 11 274 11.124 11.27* 11.16 Oct 11.35 11.20 11.35 11.274 Sept.... RIBS- 10.724 10.66 10.724 10 72* Sept.... 11.05 10.924 11.024 11.024 Oct 11.05 10.92% 11.05 11.05 Sept.... 10 124 10.05 10.124 10.1a* PRIMARY MOVEMENT. • WHEAT— | 1918. 1912. Receipts . . , Shipments . . . . .1 2,226.000 . . .[ 774,000 2.105,000 1,103.000 CORN— | Receipts . . Shipments . . . . ,| 519,00 . . .| 293,000 453,000 237,000 LIVE STOCK MARKET. CHICAGO, Aug. 11.—Hogs—Receipts 40,000. Market steady to strong Mixed and butchers, $8.10(09.25; good heavy, $8.70(08.95; rough heavy, $7.80(0 8 50; light, $8.95(09.36: pigs. $6.4008.10; bulk. $8.3508.96. Cattle—Receipts 15,000. Market 10c to 15c higher. Beeves, $7.20(09.16; cows and heifers, $3.2608 30; Stockers and feeders. $5.7507 65; Texane, $6 75(08.25; calves, $9.00011.00. Sheep—Receipts 35,000. Market 10® lower. Native and Western, $3.00(04.80; lambs. $4 7607.60. ST. LOUIS, Aug. 11.—Cattle receipts 8.000, including 4.200 Southerns.. Mar ket steady; native beef steers, 5.500) 9.00; cows and heifers, 4.7508.50; stock- era and feeders, 5.2507.50; calves. 6.000 8 50; Texas steers, 6.25@7.7o; cows ana heifers. 4.2508.50; calves, 5.0008.00. Hog receipts. 8.500. Mixed, 8.960 9.80; good, 8.9509.06; rough, 7.7508.00; lights. 9.15 0 9.30; pigs, 6.60 0 9.00; bulk, 8.90 0 9.26. Sheep receipts, 9.000 Muttons. 3.250 4.25; learyings. 4.7506.00; lambs, 5.750 7 35. EGGS—Fresh country* candled, 170 18c. BUTTER—Jersey and creamery, la 1-lb. blocks. 27 4 0 30c: fresh country, fair demond. 16018c. UNDRAWN POULTRY—Drawn, head and feet on. per pound; Hens 18019c; fries, 22V4024; roosters, 8010c; tur keys, owing to faireae. 170i»c. LIVE POULTRY—Hens, 40045; roosters, 30035c; broilers. 36030c per nound; puddle ducks. 30036c; Pekins, 36040c; gves© aOGBflOc each: turkeys* owlna to fatness. I50i;«. FRUIT8 AND PRODUCE. FRUIT AND VEGETABLES—Lem ons, fancy. 7.00 0 8.00, cauliflower, 100 14cc lb., bananas, 2%03c lb.; cabbage, $2 00 per crate; peanuts, per poind, fancy Virginia, 64 07o; choloe. 54@6c; beets. $1.7502.00 In half-barrel crates; ©cumbers. $1.25 01.60. Eggplants 76o 01.00 per crate; peppers, $1.2601.50 per crate; tomatoes. fancy, b!x- basket crates. $2 0002.60; onions, $1.00 per bu.; sweet potatoes, pumpkin yams. 80086c. •kra. fancy, six-basket crates. $1,600 1.76. FISH. FISH—Bream and peron, 7a pound; snapper, 10c pound; trout, 10c pound; blueflsh. 7c pound; pompano. 20c pound; mackerel, 7c pound; mixed fish, 606o f ound; black bass, lfto pound; mullet* 11.00 per barrel. FLOUR AND GRAIN. FLOUR—Post ell’s Elegant. 17.78; Omega. $7 0C; Carter’s Bee-„. 86.26; Qua!- f ty (finest patent), $6.40; Gloria (self- rising), $6.00; Results (self-rtslng), $•; iwans Down (fancy patent), 36 00; Vlc- 'con' (the very best patent), $5.40; Mon ogram, $6 00; Puritan (highest patent/, $5.65; Golden Grain, $6.60; Faultless (finest patent). $6 15; Home Queen (highest patent), $6.65; Paragon (high est patent, $6.75; Sunrise (half patent), 14 85, YVhl-te Cloud (highest patent), $5.25; White Daisy (highest patent), $6.00; White Lily (high patents $5.00; Diadem (fancy high patent). $5 75: Wa ter Lily (patent). $5.15; Sunbeam, $4.85; Bouthern Star (patent). $4.85: Queen Spray (patent). $4.85; Tulip tstraight). $4.00; King Cohon (half patent). $4.75; low-grade. 98-lb sacks, $4.00. CORN—Choice red cob 90c, No. S white bone dry 87c, mixed 86c, choice yellow 86c, 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 clipped 66c. fancy white 55c, No. 2 mixed 54c. COTTON SEED MEAL—Harper $31.60 COTTON SEED HULLS—Square sacks $17 00 SEEDS—Amber cane seed $1.00, canO seed, orange $1 00, rye (Tennessee) $1.26, red ton cane seed $1.35. rye (Georgia) *1.35. blue seed oats 50c, barley $1.25, Burt oats 70c. MINING STOCKS. BOSTON, Aug 11.—Opening: Allouez, 34 New Haven. 99%; Nipissing- 9; YVoi verine, 46, Fruit, 168. NEW ELECTRIC LIGHT PLANT. JONESBORO.—The people of Jones boro again enjoy electric lights For some time the town was in darkness* caused by the old electric plant burn ing A new plant has Just been in- , .aulled.