Atlanta Georgian. (Atlanta, Ga.) 1912-1939, August 20, 1913, Image 11

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i V 9 COTTON NEW YORK 1 , Aug. 20 —Firm cables in connection with no rain in Texas overnight led to a firm opening of the cotton market to-day. First prices were at a net advance of 3 to 10 points, generally 8 points higher than the clos ing quotations of Tuesday. Immediate ly after the opening ,there was consid erable unloading on the upturn on the idea that the weather outlook was fa vorable. The selling was attributed mainly to brokers who have been on the buying side for the past few days tak ing profit. The decline was small, being only 2 to 4 points. Later unfavorable weather and crop reports caused a general buying wave, including considerable short covering, and prices made new high ground for the movement. December led the ad vance by rallying 11 points from the in itial level. Other positions followed the advance with gains ranging from 3 to 10 points. A cable from Liverpool explained the advance there by short covering on re ports of damage from this side, but re ported a poor spot demand. Following are 11 a. m. bids in New York: August, 11.80; October, 11.43; December, 11.36; January, 11.26; March, 11.36. Following are 10 a. m. bids in New Orleans: August, 11.80; October, 11.41; December, 11.42; January, 11.43; March, 11.50. Estimated cotton receipts: Thursday. 1912. New Orleans 100 to 150 160 Galveston 8,500 to 9,500 12,411 NEW ORLEANS COTTON. Aug. Sept. Oct. . Nov. Dec. Jan. Feb. Mch. May (111 Prev. Opep|High 'T,ow|Noon| Close. 11.35 ii!34 11.37 '. ii ‘.40 11.80 11.80 11.44 11.42 11.44 11.15 11.80 11.34 11.32 11.34 11.40 11.40 11.40 11.42 11.52 .111.60111.61111.60,11.611 11.73-75 11.31-41 11.28-29 11.25- 27 11.27- 28 11.28- 29 11.26- 28 11.35-36 STOCKS GRAIN By C. STORM. NEW YORK, Au*. 20.—PassinK of the Mexican war scare ana favorable re ports from the crop belt gave a better tone to the stock market to-day and most issues were higher. Among the gains were the following: U. S. Steel common, %] Union Pacific, Southern Pacific, \ \ Reading. V«; New York, New Hampshire and Hudson, Nevada Consolidated Copper, %; Lehigh Valley, Hi Inspiration Copper, General Elec tric, %; Erie, %■, Delaware and Hud son, ; Chino Copper, %; St. Paul, Vi; Canadian Pacifld, %; California Pe troleum, 1^; American Smelting, 34; American Ice Securities, Vs; American Can, V4; Amalgamated Copper, %. New York. New Hampshire and Hud son again got to par. NEW YORK STOCK MARKET. CHICAGO GRAIN MARKET. k i r T Grain quotations to noon: High. Low. Previous Noon. Close 75 V4 69 S 70 Stock quotations to noon: STOCK— High. Amal. Cop. . . 74% Am. Beet Sug. 26 LIVERPOOL COTTON MARKET. LIVERPOOL, Aug. 20.—Due 2 points higher on August and 5 to 7 points ad vance on other positions, the market opened steady at a net gain of 5V6 to 7 points. At 12:15 p. m. the market was firm, with prices 6V£ to 8 points higher. Later the market advanced 1 point from 12:15 p. m. Spot cotton quiet at 7 points advance; middling 6.66d; sales, 6,000 bales. Includ ing 5,000 American bales; imports, 10,- • 000 bales, of which none were Ameri can. Futures opened firm. Opening. Prev. Range. 2P.M. Close. Close. Aug 6.29^ 6.30 6.36 6.23^ Aug.-Sept . . .6.23 6.24% 6.29 6.16% Sept.-Oct. . . .6.13% 6.15 6.20% 6.07 Oct.-Nov. . . .6.10 6.12 6.16% 6.03 Nov-Dec . . .6.04' 6.17% 5.98 Dec.-Jan . . .6.04% 6.06% 6.11% 5.98 Jan.-Feb. . . .6.04 6.07% 6.12 5.98% Feb.-Mch . . .6.07% 6.09 6.13% 6.00 Mch.-Apr. . . .6.07 6.14% 6.01 April-May . . .6.07 6.11 6.15% 6.02 May-June . . .6 09 6.11% 6.16%6.03 June-July . . .6.08 6.16% Closed firm. COTTON MARKET OPINIONS. Logan & Bryan: Further advances seem probable. Morris H. Rothschild & Co.: More crop deterioration reports are coming to hand, which hold bearish opinions in check. A. Norden & Co.: Higher prices are likely to be seen. Miller & Co.: Advise the sale of De cember cotton. NEW YORK COTTON. Open|Hlgh'|LowlWoon Prev. Close. Aug. . . . Sept. . . . Oct. . . . Nov . . . 11.75 11.41 11.35 11.82 11.44 11.44 11.75 11.14 11.35 11.82 11 43 11.43 11.70-72 11.38-40 11.27-28 11.21-23 11.23-24 11.13-14 11.16-17 11.23-24 11.25-26 Dec. .. . Jan . . . Feb . . . 11.33 11.22 11.40 11.30 11.37 11.30 ii.39 11.30 Meh . . . May . . . 11.30 11.33 11.38 11.40 11.30 11.31 11.39 11.40 Am. Can. . Am. Cot. Oil Am. Ice. . Am. S&nelt. At. C. L. . . B. R. T. . Can. Pacific . Cen. Lth. . C. and O. . Distill. Sec. Erie .... do. pref. . . G. Elec. . G. N. O. Interboro. L. Valley. Mo. Pacific N. and W. Penna 113 Reading. . . . 161% R. I. and Steel 24% do. pfd.. . . Rock Island . do. pfd.. • • So. Pacific ^ . St. Paul . . . Tenn. Copper. 34 44% . 22 . 67% . .121% . 89% . .219-% . 23 . 57% . 14% . . 29% . . 47% ..144 . 35% . 15% . 153% . 31% . 103% 89 \ 17% 28 91% 107% 31% Union Pacific. U. S. Steel . . do. pfd.. . . Utah Copper . V. -C. Chem. . Wabash, pfd. W. Electric . 152% 64% 107% 51% 25 13 72 Low. 73 26 33% 44 22 66% 121% 89% 219 23 57 14% 28% 47% 144 35% 15% 153% 31% 106% 113 160% 24% 89 17% 28% 91% 107% 31% 153% 63% 107% 60% 25 12% 72 Previous Noon. Close. 74 26 33% 44% 22 B7 121%' 89% 219% 23 57 14% 28% 47% 144 35% 15% 163% 31% 106% 113 160% 24% 89 17% 28 91% 107% 31% 153% 63% 107% 51% 25 13 72 73% 25% 83% 43% 22% 66% 120 88% 219% 23 63% 28% 46% 143% 35 15% 162% 31% 106% 112% 160 23% 87% 17% 27% 91% 106% 31 153% 63% 107% 60% 24% 12% 72% WHEAT— Sept 87% I Dec 90% May 96% CORN— Sept Dec. .. ., May .. .. OATS— Sept Dec May .. .. PORK— Sept 21.02% 21.00 Jan. . . .19.50 19.50 LARD— Sept.'.. ..11.40 Oct 11.45 Jan 10.96 RIBSsr- ■ 41.47% 11.47% 11.47% 11.40 ..11.37% 11.32% 11.32% 11.30 ..11.35 11.32% 11.32% 10.30 42% 45% 48% 86% 90% 95% 74% 68% 69% 42% 44% 47% 86% 90% 95% 74% 68% 69% 42% 44% 47% 86% 90% 95 74% 68% 70 42% 45% 47% 21.02% 20.95 19.50 19.45 11.38% 11.33% 11.26 11.37% 11.37% 11.35 10.92% 10.92% 10.90 Sept. Oct. .Jan. LIVERPOOL GRAIN MARKET. LIVERPOOL. Aug. 20.—Wheat opened unchanged to %d lower. At 1:30 p. m. the market was % to %d higher; closed % to %d higher. Corn opened unchanged. At 1:30 p. m. the market was unchanged; closed %d lower to %d higher. Atlanta Markets Wage conference between Baltimore and Ohio officials and machinists’ com mittee begins to-day. * * ♦ President Bush, of the Missouri Pa cific, predicts 300,000,000 bushels reduc tion in the corn crop instead of 800,000,- 000 bushels predicted by extremists. • * * * Free sugar carried in Senate by vote of 39 to 34. • * * American stocks in London quiet and irregular. ♦ * * Twelve industrials declined .59; twen ty active rails declined .30. * * * The declining tendency of the corn market yesterday on the reports that the drouth in that section is broken should help the stock market. I believe this hesitation is only a temporary halt in an advancing market, and would buy standard Issues on any weakness for the long pull.—G. D. Potter. * * * “The London market is affected by a temporary halt in confidence regarding political and monetary affairs and show’s a disposition to sell stocks. Turkey may notify the powers of its willingness to evacuate territory west of the* Marltza River if permitted to retain Adrianople. “Information channels suggest a trad ing position. We would look for con servative buying opportunities, with the Intention to accept moderate profits."— New York Financial Bureau. EGGS—Fresh country, candled, 17® 18c BUTTER—Jersey and creamery. In 1-lb. blocka 27%@30c: fresh country, fair demo nit. 1d<&18c. UNDRAWN POULTRY—Drawn, head and feet on, per pound; Hens 18@19c; fries, 22%@24; roosters, 8<g>10c; tur keys, owing to fairest*. I7®iyc. LIVE POULTP r—Hens, 40@46; roosters, 30@35c; broilers. 25® 30c par *>ound; puddle ducks. 30® 35c; Pekins, 85®40c; geese, &)(&coc each: turkeys, owing to fatness. I5ati;«. FRUITS AND PRODUCE. FRUIT AND VEGETABLES—Lem ons, fancy, 7.00@8.00; cauliflower, 10® lVfccc lb.; bananas, 2M»(&3c lb.; cabbage, $2.00 per crate; peanuts, per pojnd, fancy Virginia, 6Vis®7c; choice, 5%®6c; beets, $1.75®2.00 in half-barrel crates; ccumbers, $1.25@1.50. Eggplants 75c ®1.00 per crate; peppers, $1.25<®1.50 per crate; tomatoes, fancy, six- basket crates, $2.00@2.60; onions, $1.00 per bu.; Bweet potatoes, pumpkin yams. 80®85c. okra, fancy, six-basket crates. $1.50® 1.75. FISH. FISH—Bream and peron, 7o pound; snapDer, 10c pound; trout, 10c pound; blueflsh, 7c pound; pompano, 20c pmlfcd; mackerel, 7c Dound; mixed fish, 5@Go f ound; black bass, 10c pound; mullet, 11.00 per barrel. FLOUR AND GRAIN. FLOUR—Posted's Elegant, $7.75: Omega, $7.00; Carter’s Best. 16.25; Qual ity (finest patent), S6.40; Gloria (self- rising), $6.00; Results (self-rising), $6; £wans Down (fancy prftent), $6.00; Vic tory (the very best patent), $6.40; Mon ogram, $6.00; Puritan (highest patent), $5.65; Golden Grain, $6.60; Faultless (finest patent), $6.26; Home Queen (highest patent), $5.65: Paragon (high est patent, $5.75; Sunrise (half patent), ♦4.85; White Cloud (highest patent), $5.25; White Daisy (highest patent), $5.00; White Lily (high patent). $5.00; Diadem (fancy high patent). $5.75; Wa ter Lily (patent), $5.15; Sunbeam, $4.16; Grain Notes The Chicago Inter Oceans says: “Wheat bulls think there is a turn in the situation, basing their belief on the Russian crop report given out yester day reducing the crop 112,000,000 bush els to only 39,000,000 bushels more than last year. More profit taking was on in corn and oats yesterday than at any time since the upturn started and the market felt it most Even those who are bearish advocate caution in selling on breaks.” • * * * Chicago, clear, 70 degrees; St. Louis, part cloudy, 80, heavy rain yesterday; Kansas Cl^y, part cloudy, 80; Omaha, part cloudy, 80, light shower last night; Minneapolis^ cloudy, 70, rained nearly all night; Terra Haute, Springfield, Pe oria, clear, 78 degrees. LIVE STOCK MARKET. CHICAGO, Aug. 20.—Hogs, receipts, 25,000; market 10c higher. Mixed and butchers, $7.80©9.05; good heavy, $8.36 @8.80; rough heavy, $7.40@8.25; light, $8.50^9.10; pigs, $6.25®7.86; bulk. $7.70 @8.75. Cattle receipts, 17,000; market steady to 10c lower. Beeves, $7.15@9.00; cows and heifers, $3.25®8.40; Stockers and feeders, $5.75@7.65; Texans, $6.76@8.10; calves, $9.50@11.50. Sheep, receipts, 24,000; market strong. Native and Western, $3.00@4.75;/lambs, $4.60@7.85. MINING STOCKS. BOSTON, Aug. 20.—Openings Shoe, 50V4; Allouez, 35V4; New Haven, 99^4; ttuck. 25 Vk; Massachusetts Gas. al low-grade, 9$-lb sacks. $4.00. CORN—Choice red cob 90c, No. 8 white Dane dry 87c, mixed 85c, choice yellow 8oc, cracked corn 85c. MEAL—Plain 144-pound sacks 83c, 91- pound sacks 84c, 48-pound sacks 86c, 24- pound sacks 84c. OATS—Fancy white clipped 57c, No. 8 clipped 56c, fancy white 65c, No. 2 mixed 54c. COTTON SEED MEAL—Harper $31.50 COTTON SEED HULLS—Square sacks $17.00. SEEDS—Amber cane seed $1.00, cant seed, orange $1.00, rye (Tennessee) $1.26, red top cane seed $1.35, rye (Georgia) $1.35, blue seed oats 60c. barley $1.25, Burt oats 70c. FEEDSTUFF*. CHICKEN FEED—Beef scrap. 100-lb. sacks, $3.25; 50-lb. sacks, $1.65; Purina pigeon feed. $2.20; Purina baby chick feed. $2.00; Purina scratch, 100-lb sks., $1.85; 60-lb sacks, $2.00; Purina scratch bales, $2.05; Purina chowder, 100-lb. sacks, $2.00; Purina chowder, dozen pound packages, $2.20; Victory baby chick, $2.00; Victory scratch 60-lb. sacks, $1.90; 100-lb. sacks. 91.85; wheat, two-bushel bags, per bushel, $1.26; oyster shell, 80c; special scratch, 100-lb. sacks, $1.80; Eggo, $1.85; charcoal. 50-lb packs, per 100 pounds. $2.00 SHORTS—White, 100-lb. sacks, $1.76; Halliday, white. 100-lb. sacks, $1.70; dandy middling, 100-lb. sacks, $1.76; fancy, 76-lb. sacks. $1.75; P. W., 76-lb. sacks, $1.65; brown, 100-lb. racks, $1.66; Georgia feed, 76-lb. sacks, $1.65; dlover leaf, 76-lb. sacks. $1.60; bran, 75-lb. sacks, $1.25; 100-lb. sacks. $1.26; 60-lb. sacks, $1.30; Homeoline, $1.50; Germ meal. Homeo, $1.60. GROUND FEED—Purina feed. 175-lb. sacks, $1.70; Purina molasses feed, $1.60; Arab horse feed, $1.70; Allneeda feed, $1.66; Suerene dairy feed, $1.50; Mono gram. 10-lb sacks, $1.60; Victory horse feed. 100-lb. sacks, $1.60; ABC feed, $1.55; milk dairy feed, $1.65; alfalfa molasses meal, $1.75; alfalfa meal. $1.40; beet pulp, 100-lb. sacks, $1.60. HAY—Per hundredweight: Timothy choice, large bales. $1.20; lM*ge fancy light cloved mixed, $1.15: No. 1 small bales, $1.10; No. 2 small $1; alfalfa pea green, $1.10, clover hay $1.20, Timothy standard, $1.05, Timothy small bales $1, wheat straw 70c, Bermuda hay 90c, No 1 $1.20. wheat straw 70c. Bermuda’ hay 90c. GROCERIES SUGAR—Per pound: Standard gran ulated 5c, New York refined 4V£c, plan tation 4.86c. COFFEE—Roasted (Arbuckle) $24.50, A AAA $14 50 in bulk, in bags and bar rels $21. green 20c RICE—Head 4Vfc®5V»c, fancy head 5% @6Vic. according to grade. LARD—Silver leaf 13c pound, Scoco g*6c pound. Flake White 8He Cotto- lene $7.20 per case, Snowcnrt $5.85 per case. SALT—One hundred pounds 63c, salt brick (plain) per cose $2.25, salt brick (medicated) per case $4.85. salt red rock per hundredweight $1, salt white per hundredweight 90c, Granocrystal, per case, 25 lb. sacks, 75c; oalt ozone per case 30 packages, 90c, 50-lb. sacks, 30c; '25-lb. sacks 12c. - , HOLD COURT IN FIELD. MONTICELLO, N. Y., Aug. 20.— Because the courtroom wasn’t large enough to accommodate the crowd of spectators, the trial of six gypsies charged with robbery was staged in a big field* The New York Cotton Exchange will be closed Saturday and Monday, Sep tember 1. The New Orleans exchange will close Monday only. ' * * * Riordan was apparently the leading seller on the up-turn to-day, but turned the best buyer, causing a general'buying move. • • • Vidalla, Ga., wires: “Forty acres of the finest cotton in this county has been practically ruined by the ravages of a small green worm called a bollworm on account of £he fact that his work is done on the 'green bolls just before maturity. “The worms- have rnad#> their appear ance in the field of J. H. Watts near this place, and who carried off first bale honors last year. Mr. Watts brought nearly a peck of the infected bolls to town to-day and explained the work or the worm, which is about an inch long. After the boll has been destroyed the worm moves to another and they are working in such large quantities that the 40-acre field that was attacked has practically been ruined in less than two weeks. A number of the infected bolls have been left with Mayor Meadows, of this place, who will send them to At lanta and get expert advice as to the best means of fighting the new’ pest. So far no other field has been at tacked. "The little worm bores a hole In the boll and feeds on the cotton pulp on the inside, a decay immediately sets up and the worm moves along.’’ * * * S. Tate, of N. L. Carpenter & Co., says: ‘Telegrams coming in to us are of a very disturbing nature, reporting crqp in eastern part of belt, Carolinas, Georgia, Alabama, part of Tennessee and part of Mississippi, showing marked deterioration. Crop generally spotted, meaning a large part of it is now or late cotton, which is very susceptible to normal weather conditions, dry and hot, through last hair of August and first half September. “Estimates from different States be ing generally reduced. Reports from western part of belt, particularly Tex as Arkansas and Oklahoma describe continued deterioration; estimates on Texas now running as low as 4,000.00€ bales; Oklahoma very bad, prospects greatly reduced both in this State and in Arkansas. A continuation of this dry hot weather means a very low, bullish Government condition report on September 1, anl a prospective big ad vance in price of cotton futures, which, even with a crop of 14.000,000 bales, these prices are very cheap.’’ * * * Theodore H. Price says: “Those who are speculatively short of new crop con tracts In this market have, in our opin ion, given “hostages to fortune.” The recovery of these contracts at even 20 points profit presupposes a decline of nearly 150 points in the Southern mar kets. The risk would seem to be out of all propositions to the possible profit.” Dallas wires: “Texas and Oklahoma generally clear; rains yesterday In San Antonio.” * * • NEW ORLEANS, Aug. 20.—Hayward & Clark: The weather marp shows cloudy over northern half of the belt; generally fair in the south; few scat tered showers, mostly light over south Texas. No rain of consequence else where. Considerable change in pressure distribution and ■ conditions again shap ing for unsettled weather, except fair southeastern quarter of the belt. Scat tered showers probable to-day in south Texas. • • • The New Orleans Times-Democrat pays:“Continued acute need for moisture over a large cotton belt area, some im provement in the American dry goods trade and the spreading belief that Con gress will eract scientific legislation for the regulation of contract trading caused a small buying wave, and a cotton mar ket advance was scored. However, the market is yet held in restraint, and the price pendulum carries values up and down within narrow limits only. “With all trade eyes on Texas and Oklahoma the rings were particularly Interested In the reports for those States included in the Government’s weekly cotton region bulletin, which was published yesterday. "During the past few days private re ports of rains in these two States not only have been rather numerous, but they have indicated beneficial precipi-' tation over a somewhat greater area than has been indicated by the informa tion supplied by the Government. Aft er making full allowance for exaggera tion by private correspondents there is still a disparity, which can only be ex plained on the ground that in the very large State of Texas the Government maintains an insufficient number of telegraph reporting stations to ade quately cover the territory. The Gov ernment’s weekly bulletin, however, should make allowanoe for this fact.” D THE PLAY THIS WEEK Box Office Opens at Bijou. The sale of seats for the opening per formance of the Jewell Kelley company will begin Thursday morning at the Bi jou box office. The opening Dill will be "Her Fatal Shadow,” a melodrama of intense heart interest and dramatic ac tion and a play that should establish the Jewell Kelley company firmly in the hearts of Bijou patrons. The company has been selected w'ith great care and includes many popular favorites, such as Jewell Kelley, Eddie Black, Richard Mandell, Thomas Mc Donough. Rose Morris, Grace Webber, Clare Summers, Marie Claire and Earl H if ley. Forsyth BUI ■ Big HR. One of the best vaudeville bills of the whole season Is on at the Forsyth this week. Many regular patrons say there has never been a better show at the Forsyth, while others who are a bit harder to please say the bTU Is “all fight.” The Hawaiian musicians, with Toots Paka, who does native songs and dances, score one of the big hits of the seasoit. The guitar playing by one of the men is a treat that Is worth a visit. Pretty Grace DeMar has won mnch ab- AU fin fulfil ffrfltli jtffi _ AMERICA’S CHAMPION HUSBAND, NAT GOODWIN has come to the rescue of downtrodden men who dare not speak their minds, and reveals ail the joys and heartaches of mat rimony in “WHAT I THINK OF MY FIVE WIVES” This daring actor in Ms new role ex plains how he found wife No. 1 “Like a Mother,” No. 2 “An Obligation,” Maxine Elliott a “Roman Senator,” Edna Good rich “ An Error, ” and No. 5 his “Life Pre server. ” This will all appear in NEXT SUNDAYS AMERICAN with the countless other features which have made The American the leading “newspaper of the South, as well as a posi tive joy to the readers of Dixie. Lady Duff Gordon, who, as Lucille of London, is equally famous, will entertain her fol lowers with a description of MARRIAGE MARKET GOWNS with which far-seeing mothers enhance the charms of their debutante daughters. And coming down to the doings of fash ionable Mterrtu you will find that POLLY PEACHTREE • ^ wee among those present ad ah the ftmo- tiems of the inner arete, and will tod about them in her usual sprightly style. Moreover, baseball fans, as well as those Wba never ee&a game, wflhfiod a fascinat ing story in THE PLOT FOR THE PENNANT by Hugh 6. Fullerton, which begins in this issue. So, why weary about your 8nnday reading when you know that In addition to these great features and a dozen others, you «sn have all the new* of the whole universe—sports, financial, foreign, political and^local—delivered at your front door for 5 cental Better •efirwh {he bargain at once, and order tcam yauz dealer <e-4>y phoning Msdn - IQCL AMERICAN FLAG OFFER QSSS2999SS99S3SSSS$SSSSSSSSaS9i l J Valued at Five Dollars for 90 cents - TMs beautiful American Flag, the very latest, with 48 stars, made of fine bunting. Out out Coupon below, ind bring to THE HEARS'FS SUNDAY AMERICAN and ATLANTA GEORGIAN Of fice, with 90 cents, and secure one of these beautiful flags. THIS COUPON and GOo entitles tb* holder to an American Flag, 5 feet bySfoet, when presented at our ofttoes, HEARSTTJ SUNDAY AMERICAN THE ATLANTA GEORGIAN 20 EAST AI.AKATVLA ST. 85 PEACHTREE ST. Flags will be mailed at an addffioua! oharga of J0o fbr postage. Every man is proud to say he is an American, and It is Mb duty to see that “Old Glory is flung to the breeze” on every appropriate occasion. See that you have one of these flagu «t year office or al yonr home. Tidte advantage of this offer. Hearsf sSunday American and , Atlanta Georgian Ahim Street 35 Peaditree Stet ATLANTA, GA,