Newspaper Page Text
THE ATLANTA GEORGIAN AND NEWS.
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REAL ESTATE FOR SALE.
1'
* « «
REAL ESTATE FOR SALE.
ON WEST CAIN STREET, near In; Improved property, for J300 per front foot.
This will make one of the beet Investments lp the city of Atlanta.
KING'S HIGHWAY, IN DECATJUR.
HAVE a splendid five-room house and lot, BO by 150, worth 13,000 or more,
and also one vacant lot, BO by 150, adjoining, worth about {1,600, for quick
sale. Will sell both for the sum of $2,250.
IN ONE of Atlanta's prettiest suburbs, we have a live-room cottage on lot 75
by 130. that we will sell for $2,000, on terms to suit.
GRAHAM & MERK
318-319 EMPIRE BUILDING. MAIN 4376.
J jovlston
MONEY GETTING PLENTIFTTL.
TO PR « >P , ERTY . : We are In the market for loans. We want
... firSt mor,pa ko loans. W want applications for second
wa ’l t Purchase money notes, first and second mortgage.
We can handle an> good application on Atlanta property, large or sin all;
?f et n i ere ?*V We * niak ,? a a peoialty of second mortgages. We want
vacant lots listed with us to sell to our contractors.
ATLANTA, GA
RANDOLPH LOAN CO.
21 INMAN BUILDING,
MAIN 877.
REAL ESTATE AND
CONSTRUCTION NEWS
Peachtree Road Lot
Sold at $80 a Foot
Mrs. Ida J. Johnson to Build Home.
Linwood Avenue Sale—Plan to
Improve Spring Street.
Mrs. Ida J. Johnson has bought
from the Peachtree Heights Company,
through E. Rivers, a 72 by 300 foot
lot on the east side of Peachtree road,
218 feet north of Mayson's avenue,
for $5,760. or at the rate of $80 a front
foot The owner will start in about
ten days the erection of a two-story
brick veneer residence. Among own
ers of residences In the vicinity are
X>. S. Mackey, Mrs. Carrie S, L'Engle,
E. Anthony, Eugene Dickey and Clark
McMiehael, who will move into his
new two-story brick veneer home this
week.
Property Brings $7,700,
Mrs Mattie Holt Norcross has
bought from F. A. Pittman No. 118
Pinwood avenue, 150 feel north of
North avenue, for $7,700, * The lot Is
62 by 2,00 feet.
Mile of Concrete Paving.
John D. Babbage, the well-known
real estate agent, has a client in the
concrete business who has a unique
proposition which he will present to
the City Council. His plan is to give
the city a mile of concrete paving lor
Spring street, starting at Marietta
street and proceding northward to
Hunnicutt street, with the idea ot
demonstrating the efficiency of con
crete on thoroughfares.
Mr. Babbage represents the Spring
Street Improvement Association, and
he says the plan is to extend this pav
ing as far as Brookwood, to relieve
Peachtree congestion. He declares
that such paving in other cities has
lasted twenty years without a cent for
upkeep or repairs.
Realty Men to Meet.
The board of directors of the At
lanta Rea! Estate Board will meet
Thursday on call of Harrs G. White.
r resident, to consider extending some
feature -«f the multiple listing system
and of planning for a campaign for
the 1916 convention of real estate men,
v ich Atlanta is seeking. The time
and hour will be announced later.
Mr White thinks there is great good
in the system of listing property with
all the members of the real estate
board. This experiment has been
tried for several months, but it has
not been given the attention needed
to make it a success.
It is the idea of Mr. White to send
out notices to other cities that At
lanta wants the 1916 convention, and
then rest until the campaign is start-*
ed in earnest two years hence.
Busy Renovating Homes.
The homes of Hugh Richardson, at
No. 400 West Peachtree street, and
Mrs Hugh T. Inman, at No. 420 West
Peachtree, are undergoing renovation.
Mr. Richardson is adding a sun parlor
on the south side of his residence.
These homes occupy an entire block
of two acres and are among the hand
somest in the city.
Deals in Contract Stage.
Several local realty deals of inter
est are in contract stage and should
be announced shortly. One of these is
a property close to $40,000. Smith &
Ewing announce that several deals
will be closed this week.
West Peachtree Worfc Begins.
Actual work on West Peachtree re
grading and repaving started Tues
day when workmen began preparing
ditches from the walls. Many loads
of Mtone have been placed and it is
the plan of the West Peachtree Im
provement Club to push the work as
fast as possible.
Charts for Healey Building.
Charts showing the exact allotment
of space in the Healey Building are
in process of preparation and should
be out in a few days for the inspec
tion of prospective tenants. Many
inquiries have been received and it is
believed that the building’s contracts
will all be signed before the structure
is completed.
PROPERTY TRANSFERS.
Warranty Deeds.
$1 550—John Starr to John Jones,
lots 6 and 7 in block B of Starr-Ed-
wards subdivision, land lot 177. Feb
ruary 11. 1911.
*3 750—I. N. Ragsdale to A. L. Sut-
tles No. 27 Arlington avenue, 50 by
] 59. August 23.
<1 200- Mrs. E. W. Bates to Mrs.
B. Morris, No. 497 Pulliam
Street 40 by 105. August 22.
$G00—C. V. and Mrs. Mary L.
Bowles to Sophia Mitchell, lot south
west side West avenue. 100 feet
southwest of Peeples street, 82 by 92.
August 25.
£]0 R H. Knox to Thomas Hilton,
one-half interest in lot west side
South Pryor street, 398 feet south of
Buena Vista avenue. 52 by 150, also
lot on east side Fortress avenue, 591
feet south of Railroad street, 45 by
155; also lot west side South Pryor
street, at northeast corner of property
of Georgia Railway and Electric com
pany. 100 by 310; also lot southwest
corner South Pryor street and Buena
Vista avenue, SI by 155 feet; also lot
west side South Pryor street, 162 feet
south of Buena Vista avenue, 46 by
150 feet. August 8.
$10—Thomas Hilton to R. H. Knox,
one-half interest in lot west side Pry
or street, 658 feet south of Buena Vis
ta avenue, 104 by 150; lot at Southern
Railway right of way on South Pryor
street, 200 by 285. August 8.
$2,900—C. T. Lemmon to Lewis A.
Hardman, No. 285 Ormond street, 39
by 179. August 25.
$1,800—E. W. Bigham et al. to Mar-
vyn Conway, lot north side Fourth
street, 458 feet west of Jackson street,
50 by 128. August 16.
$1,800—Same to same, lot north side
Fourth street, 408 feet west of Jack-
son street, 50 by 128. August 16.
$1,700—Same to same, lot south side
Fifth street, 357 feet west of Jack-
son street, 50 by 120. August 16.
$1,700—Same to same, lot south side
Fifth street, 307 feet west of Jackson
street, 50 by 120. August 16.
$1,700—Samp to same, lot south side
Fifth stret, 407 feet west of Jackson
street, 50 by 120. August 16.
$1,700—Same to same, lot south side
Fifth street, 207 feet west of aJck-
son street, 50 by 120. August 16.
$1,800—O. C. Rodford to Mrs. Sa
vannah Hopkins, lot north side San
ders avenue, 400 feet west of Scott
avenue, 50 by 200 feet. December
20, 1910.
$2,800—W. D. and W. T. Webb to
J. A. Boone, lot west side Waddell
street, 78 feet north of Waddell
Place, 39 by 143 feet. April 7, 1910.
$2,000—H. A. Owen to M. M. Mitch
ell, lot east side Cooper street, at
intersection of Dodd avenue, 50 by
103 feet. August 7.
$200—Atlanta Real Estate Company
to O. E Wofford, lot east side Sims
street, 150 feet north of Gardner
street, 25 by 120 feet. August 23.
$1,300—Charles Lefkoff to John Ar
nold, lot west side South Jackson
street, 375 feet north of Decatur
street, 25 by 160. July 22.
Love and Affection—Matilda Ridge
way to Sam Ridgeway, 33-100 of an
acre on west side of Pace’s Ferry
road in land lot 60. August, 1913.
$3.000—Morris Cohen to J. Berger,
lot southeast corner Humphries and
Liberty streets, 50 by 90 feet. Au
gust 25.
$1,000—Moses Amos to Luella
Jones, lot on Hanover street, 50 by
124 feet, land lot 14. January 22, 1912.
$2.000—Suburban Realty Company
to F. E. Russell, lot east side Beatie
avenue. 95 feet south of Genessee ave
nue, 100 by 130 feet. August 22.
$150—W. W. Standifer to J. E. Tip-
pen. lot south side Canira street, 94 9
feet west of South Boulevard, 50 by
150. August 9.
$5—E. S. Whisenant et al. to Mrs.
W. W. Standifer, same property. Au
gust 5. ,
$750—Mrs. Ida Pate to S. B. Tur
man, lot south corner McDonough
road and Barrows avenue, 61 by 76
feet. March 17.
$1,500—Miss Annie King to same,
lot northeast side McDonough road.
376 feet northwest of Lakewood ave
nue, 44 by 200. November 18, 1912.
$1,550—R. F. Haney to same, lot
east side Kontz avenue, 200 feet
north of Fifteenth street, 50 by 125
feet. July 27, 1912.
$375—D. S. Boyd to same, lot north
west corner Grant and Climax ave-
streets, 50 hv 165 feet. May 8, 1912.
$2.200—Miss Annie King to Mrs.
Helen R. Turman, lot southeast cor
ner Miller-Reed avenue and an un
named street, 90 by 185 feet. August
15. 1911.
$1,350—Provident Realty and Trust
Company to Mrs. Ida Pate, lot north
east corner West Fourteenth street
and Kontz avenue, 96 by 150 feel.
January 19, 1911.
Loan Deeds.
$600—Lewis A. Hardman to George
C. Sweeney, No. 285 Ormond street,
39 by 178. August 25.
$2,500—Archer H. Goodwin to Fi
delity Life Insurance Company, lot
south side of Tenth street, 150 feet
east of Bedford place, 50 by 190. July
30.
$3,000—W. A. T/uniraas to Mrs. .1.
B. Lovett, lot northwest side of Euclid
avenue, 50 feet northeast of Colquitt
avenue, 50 by 165. August 20.
$5.000—John W. Hamer to the Ber
ry School, lot south side of Auburn
avenue, 162 feet west of Piedmont
avenue, 35 by 120. August 20. #
$200—Miss Josephine Manley to
Virginia and Helen H. Hardin, ’ot
south side of Line street, 150 feet west
of Grand View avenue, 50 by 195.
August 25.
$600—Savannah Hopkins to Joseph
Curran, lot north side of Sanders
avenue. 400 feet west of Scott street,
50 by 200. August 22.
$500—M. M. Mitchell to Mrs. E. C.
Gray, No. 108 Dodd avenue, 50 by 103.
August 22.
$321—Philip Bronston to James C.
Reed, No. 131 Venable street, 42 by
100. August 25.
$2,750—Charles E. and George H.
Boynton to George R. Browder, lot
east side of Capitol avenue, 350 feet
south of Milton avenue, 50 by 650.
August 18.
Bonds for Title.
$15,400—F. A. Pittman to Mrs. Mat-
tie H. Norcross, No. 118 Linwood ave
nue, 42 by 200. August 25.
$11,520—E. Rivers to Mrs. Ida J.
Johnson, lot east side of Peachtree
road, 218 feet north of Mayson ave
nue, 72 by 300. No date.
$6,000—George A. Speer to Mrs. A
J. Callaway, 17 lots in subdivision of
Northwest Atlanta, land lots 258 and
259. June 4.
$12,600—Mrs. S. M. Whitner to
Mrs. Marie I. Ben.wi* 166 Lia-
INVESTMENTS.
$1,250 will buy a double 3-
room negro house on Fra
ser street. All street im
provements and city con
veniences down and paid
for. Rents for $14.00 per
month—nearly 14 per cent.
$2,500 buys a store and two
dwelling houses on good
corner near Southern shops.
Rental $300 per year. A
cheap corner.
ORMEWOOD PARK
COTTAGE.
THIS IS a real nice little 5-
room cottage on large lot.
Street eherted and in one-
half block of car line and
near school. Price $2,250.
Terms $100 cash, and
monthly notes of $20 each
without any interest. A
little bargain.
LANDS FOR SALE BY
TIIOS. W. JACKSON.
Fourth Nat. Bank Bldg.
Bell Phone Main 5214.
60 ACRES.
EIGHT miles from the city, on graded
road, 22 acres in cultivation, bal-
acrcs in bottom, balance in pasture
and timber; 6-room house in beautiful
oak grove. Will make a special
price on this if sold at once.
41 ACRES.
17 1-2 MILES from Atlanta, on good
road, 22 acres in cutlivation, bal
ance in pasture and timber. Large
creek and good water power; fine
spring; 5-room house, barn, smoke
house and other outbuildings; nice
orchard. This can be bought fo»
$1,500 cash.
106 ACRES.
18 MILES north of Atlanta, one-
fourth of a mile from railroad sta
tion; good, strong land; 7-room
house, barn and other outbuildings.
Price $25 per acre.
9 ACRES.
8 1-2 MILES out, nice oak grove,
splendid location for a chlckes
farm. Will sell for {800.
TIIOS. W. JACKSON.
Fourth Nat. Bank Bldg.
NO MATTER WHAT YOU WANT, it
will save you time and money if you
use Hearst’s Sunday American and At-
1 anta Georgian.
Great Reception Awaits Party’s
Arrival at Gulf City on Trail
From Atlanta to Coast.
Pathfinder Ferguson, who Is blaz
ing the transcontinental trail from
Atlanta to San Francisco for Hearst’s
Sunday American, is scheduled to ar
rive in Mobile Wednesday at noon,
according to late dispatches.
From Mobile the party will proceed
along the Gulf Coast to New Orleans,
where a monster reception will be
held, ana thence to Houston, Dallas,
El Paso, San Diego, Phoenix, Los An
geles and San Francisco.
Leaving Montgomery Monday morn
ing, the tourists made a bee line for
Selma, one of the most prosperous
of the Alabama Black Belt towns.
Here a big celebration and reception,
in which the Mayor and the officials
of the Chamber of Commerce took a
leading part, was held Monday at
noon. Immediately following the re
ception, the party set out for Thom-
asville and Jackson.
A few miles south of Jackson, the
Mobile good roads and highway boost
ers will meet the pathfinders and es
cort them Into Mobile, where one of
the biggest receptions on the entire
program thus far will be tendered the
visitors.
Late reports from the Gulf cl{y in
dicate that the boosters there are
making strenuous efforts to outclass
the monster affairs which were held
in Atlanta, Birmingham and Mont
gomery.
WEEKLY WEATHER REPORT.
WASHINGTON, Aug. 26.—Mean tem
peratures above normal, except in the
Carolinas, Georgia, northern Florida,
northern and central Mississippi, north
western Alabama and central Texas
coast, where it was normal or below.
Greatest excess occurred over north
western Arkansas, and the greatest de
ficiency over northern South Carolina.
Weekly mean temperatures ranged
from 70 to 82 degrees over the eastern
belt; from 78 to 84 degrees over the cen
tral and from 82 to 86 degrees over the
western portion of the cotton region.
The lowest mean temperature, 70 de
grees, occurred at Asheville. N. C., and
the highest, 86, at Del Itio, Texas.
The precipitation was light generally
throughout the cotton region, and there
were considearble areas in Texas and
Oklahoma, and small areas in other
States, where there was no rain during
the week. More than 2 Inches of pre
cipitation occurred in a few localities,
th*> greatest amount. 3.20 inches, being
reported from Greensboro. N C.
STOCK GOSSIP
THE WEATHER.
wood avenue, 40 by 95. August 16.
$7,890—A. A. Craig et al. to A. R.
Munn, lot south side of South Gordon
street, 50 feet west of Ontario ave
nue, 50 by 180. July 23.
$2,300—Georgia Realty and Invest
ment Company to Julia B. Hamilton,
lot on Bradley street. 50 by 126. Au
gust 23. Transferred to Third Na
tional Bank August 26.
Mortgages.
$1,000—Marvyn Conway to Mer
chants and Mechanics’ Banking and
Loan Company, lot north side Fourth
street, 457 feet west of Jackson street.
•50 by 123. August 23.
$1,000—Same to same, lot north side
Fourth street, 407 feet west of Jack-
son street, 50 by 123. August 2o.
$800—Same to same, lot south side
Fifth street, 357 feet west of Jackson
street, 50 by 115, August 23.
$800—Same to same, lot south side
Fifth street, 407 feet west of Jack-
son street, 50 by 115. August li.
?80(U-Same to same, lot south side
Fifi i Street, 307 feet west of Jack-
son street, 50 by 115. August 23.
$810—O. E. Wofford to Atlanta
Banking and Savings Company, lot
east side Sims street, 150 feet north
of Gardner street, 25 by 120. Au
gust 20.
Quitclaim Deeds.
$2,000—Penn Mutual Life Insurance
Company to Mrs. Nellie G. Ware, lot
east side Washington street, 250 feet
south of Jefferson street, 50 by 200.
August 12.
$10—M. J. Parrott to MaTvyn Con
way, lot north side Fourth street,
608 feet west of Jackson street, 50
by 128; lot north side Fourth street,
408 feet west of Jackson street, 100 by
128: lot south side Fifth street, 207
feet west of Jackson street, 50 by 120;
lot south side Fifth street, 307 feet
west of Jackson street, 150 by 120.
August 23.
$400—Germania Savings Bank to
Savannah Hopkins, lot north side
Sanders avenue, 400 feet west of
Scott street, GO by 200. August 22.
$10—Same to John Arnold, lot west
side South Jackson street, 375 feet
north of Decatur street, 25 by 160.
July 22.
$1 —Security Savings and Invest
ment Company to J. R. Boone, lot
west side Waddell street, 78 feet north
of Waddell place, 39 oy 143. August
25.
Administrator's Deed.
To Carry Out Order of Court—Es
tate of Mrs. Adma R. Rush (by ad
ministrator) to John F. Rusk, 29.3
j acres in land lot 48, 620 feet west of
northeast corner of land lot. Au
gust 18.
Building Permits.
$100—J. C. Pritchard, No. 255 Ivy
street, demolish building. Day work.
$125—J. M. Cort, No 228 Bryan
street, repairs and T>uild bathroom.
Day work.
$75—Arthur Tolaber, Maple and
Foundry street, raise and underpin.
Day work.
$70—Mrs. J. B. Lee, No. 70 Dodd
avenue, change roof. D. R. Grist.
$75—Walter Kennedy, No. 271 East
North avenue. frjM'ne garage and serv
ant’s room. Day work.
$100—J. H. Head, No. 82 Ponders
avenue, build porch and bathroom.
.Day work.
Conditions.
WASHINGTON, Aug. 26 —There will
be showers during the next thirty-six
hours in the lower Lake region, the
North Atlantic States and the extreme
South Atlantic States.
In the Middle States, east of the Mis
sissippi River, the weather will be gen
erally fair, but will probably become
unsettled Wednesday in the Ohio Val
ley.
The temperatures will rise to-night in
the North and Middle Atlantic States
and will fall to-night and Wednesday in
the Lake region.
General Forecast.
General forecast until 7 p. m. Wednes
day:
Georgia—Fair in the interior, showers
on the coast to-night or Wednesday.
Virginia and North Carolina—Fair to
night; warm in extreme west portion,
Wednesday fair.
South Carolina—Fair in the Interior,
showers on the coast to-night or Wed
nesday.
Florida—Showers to-night or Wed
nesday.
Alabama and Mississippi—Fair ex
cept showers in the south portion to
night or Wednesday.
Tennessee - Fair and warmer to-night;
Wednesday unsettled.
Louisiana—Showers in the southeast
portion to-night or Wednesday; rail*
In north and west.
Texas—Fair to-risht and Wednesday.
OBITUARY
The remains of Mrs. Mary F. Ewing,
who died Moifday at the residence
on Oxford street. Kirkwood, were
sent Tuesday morning to Dacu’a,
Ga., for funeral and interment. She
was eighty years old, and is sur
vived by two sons, C. P. Ewing, of
Lawrenceville, Ga.. and m. b. R
Ewing, of Atlanta: four daughters,
Mrs. T. W. McMillan. Mrs. E. M.
Buchanan, Mrs. N. D. Buchanan
and Mrs. N. G. Phan, al 1 of Law
renceville.
B. S. Heard, w r ho was on board th*»
Georgia train which was wreeke 1
Sunday near Decatur, died Monday
night at a local hospital. It is stated
that he was not injure^ in the
wreck, but died of a malady for
which he was coming to Atlanta
for treatment. He was thirty-fl '■*.
years old. The body was sent Tues
day to his home in Covington, Ga.,
for funeral and interment.
Benjamin J. Stanford, a well-kn’own
Atlantan, died Monday at the resi
dence, No. 65 Gartreil street. H**
was sixty-three years old, and is
survived by a wife and five sons,
Daniel. Henry, David, Joseph ani
Bartow Stanford. The funeral will
be held from the residence at ?
o’clock Tuesday afternoon, and will
be an automobile one, In charge of
Barclay & Brandon. Interment it
Sylvester Cemetery.
Mrs. Mildred M. Almand, forty-nine
years old, Hapeville, Ga., died Tues
day morning. She is survived by
her husband, Rufus G. Almand; six
sons and two daughters. Funeral
services will be held at 3:30 o’clock
Wednesday afternoon at Antioch
Church. A special car for friends
of the family will leave Hapeville
at 2 o’clock. Interment in the
churchyard.
Funeral services of Mrs. Clara Robin
son Roberson, who died Sunday
night at the r sidence, No. 407 Kirk
wood avenue, will he held from the
home at 2:30 o’clock Tuesday aft
ernoon. She was twenty-nine years
old, and is survived by hcT hus
band, J. L. Roberson, and two small
children. Interment at Hollywood.
Official notice of the death of James
Mallory, who was t- .on to the State
Asylum at Milledgevllle from Ful
ton County in 1876, wasrreceived b5*
Ordinary John R. Wilkinson Tues
day morning. Mallory had no rela
tives in Fulton County.
The body of Mrs. M. R. Barfield, who
died Monday at n local Hospital, is
at the chapel of Greenberg Sr Bend
awaiting the arrival of relative#
from her home in Camden, S. C.
She was thirty-three veers old.
Paul A. DeLeon, Jr., died early Tues
day morning at the residence. Nt
87 Peachtree place. He is survived
by his father, Paul A. DeLeon. The
body was taken to Sumter, S. C.,
Tuesday for funeral and interment
“While Liverpool was disappointing to
the bull forces, it had little or no effect
on this market, and there was a good
demand from the same sources as yes
terday on and after the opening Shorts
were apparently nervous and a general
buying wave followed, with very lit
tle cotton for asle! The aggressive sell
ers of yesterday were not among the
sellers of to-day.
"There n«s oeen considerable profit-
taking to-day, as it is believed by a
great many that a reaction is in or
der."—J. M. Anderson.
• * •
Realizing sales to the extent of fully
130,000 bales by the original bulls yes
terday was surprisingly absorbed by all
sorts of buyers within a very narrow
range of prices. Riordan was the larg
est seller and the exchange place
house was said to have advised their
friends to take profits. McFadden, Ba
ruch, Gwathmey, Shearson and Hentz
were put down as sellers. Wall Street
houses the South iverpool, Springs
Jenks, Weld and Hicks were leading
buyers. The buying was credited to
shorts, to new longs and to Southern
spot houses, who had sold to mills and
failed to hedge, and to the world’s spin
ners, who have become disturbed over
the Texas reports. Some of the buying
on the close was said to be an a bullish
National Ginners’ report coming out
soon.
• • *
One broker's sales yesterday aggre
gated about 100,000 bales, and he was
selling right up to the close, but this
selling had little or no effect.
♦ # *
Weld’s man wired from Austin. Texas,
that condition was about 65 and Okla
homa 60 per cent.
* * *
The room looks for all private reports
this week to show about the same as
The Commercial-Appeal, which gave the
condition 69.6 per cent, or 10 points de
cline from a month ago. and most trad
ers are inclined to play on the long side.
* * *
The market la broadening out every
day and it looks as if it will continue
to do so.
• * •
There Is a feeling among many that
the market Is due to reaction and there
is a good deal of cotton sold on this
theory, but all cotton is taken easily,
most of which is taken by brokers rep
resenting spot interests.
* * ♦
The New York Journal of Commerce
has the following oiy the condition of
the cotton crops in Arkansas, Tennes
see and Missouri:
"Arkansas—Conditions are very mixed
in Arkansas. Many correspondents look
for a very fair crop and several for the
best in years. In these sections, rain
fall has been ample; insects are not
troublesome and shedding is slight.
Some report good chances of fruiting to
the top and the plant is strong and well
cultivated. Labor is generally plentiful
and picking will be general by Septem
ber 5. Cotton is already moving in a
few localities. In other sections, hot
and dry weather has caused cotton to
stop growing and shedding to set in.
Reports thus far received, however,
would indicate a deterioration of several
points from last month, when percent
age condition was 87.4.
"Tennessee—Cotton is generally In
good condition, fruiting well and in a
good state of cultivation. Drouth, how
ever, is beginning to cause considerable
shedding, and percentage condition will
probably show some loss from a month
ago, when it was 89.2, but it is con
siderably better than last year at this
time, when it was 75.4 per cent. The
crop is free from insects, and, barring
disaster, a good yield is expected.
"Missouri—On account of drouth, cot
ton has deteriorated considerably in the
last month, when the percentage condi
tion was 86.6."
* * •
Dallas wires: "Texas, clear and pleas
ant. Oklahoma—Central and east clear,
rest partly cloudy to cloudy."
* * •
NEW ORLEANS, Aug. 26.— Hayward
& Clark: The weather map shows
cloudy in the Atlantics, rains in At
lantic coast districts, fair elsewhere; no
rain. Indications are for increasing
cloudiness over the western States.
District storm formation is bordering on
Oklahoma, and likely to cause some
precipitation and cooler weather in
North Texas and Western Arkansas
shortly. Generally fair in the central
States, with showers in the Atlantics.
NEW YORK PRODUCE MARKET.
NEW YORK. Aug. 26.—Petroleum
firm; crude Pennsylvania 2.50.
Turpentine strong; 43@43%.
Rosin easier; common 4.20@4.30.
Wool quiet; domestic fleece 23@27;
pulled, scoured basis, 33@52; Texas,
scoured basis, 46<i/53.
Hides quiet; native steers, 18%@19%;
branded steers, 17%@17%.
Coffee steady; options opened 5 to 6
higher; Rio No. 7 cn spot, 9%@9%.
Rice steady; domestic, ordinary to
prime, 4 @5%.
Molasses steady; New Orleans, open
kettle, 35(6 56.
Sugar, raw firmer; centrifugal, 3.76(p
3.80; muscovado, 3.26<fr3.30; molasses
sugar, 3.01 @3.05. '
Suger, refined steady; fine granulated.
4.70 bid; cut loaf, 5.50 bid; crushed, 4 40
bid; mold A, 5.05 bid; cubes, 4.95 bid,
powdered, 4.80 bid; diamond A, 4.70 bid;
confectioners’ A, 4.55 bid. Softs-—No. 1
4.45(u 4.50. (No. 2 is 5 points lower than
No. 1 and Nos. 3 to 14 are each 5 points
lower than the preceding grade.)
Potatoes steady; white, nearby, 50@
2.37.
Beans Irregular; marrow, choiee, 6 50
asked; pea, choice, 3 80 asked; red kid
ney, choice. 3.t»0(a3.G5.
SPOT COTTON MARKET.
Atlanta, nominal.
Athens, steady; middling 11%
Macon, steady: middling 1L%.
New Orleans, steady; middling 12 3-16.
New York, quiet; middling 12.46.
Philadelphia, quiet; middling 12.80.
Boston, quiet; middling 12.45.
Liverpool, firm: middling 6.81d.
Savannah, steady; middling 11%.
Augusta, steady; middling 11%.
Charleston, nominal.
Norfolk, steady; middling 12c.
Galveston, firm; middling 12 1-16.
Mobile, quiet; middling 11%.
Wilmington, nominal.
Little Rock, steady; middling 11%.
Baltimore, nominal: middling 12c.
St. Louis, quiet; middling 12c.
Memphis, steady; middling 12%.
Houston, steady; middling 12 1-16.
Louisville, firm; middling 12%
Charlotte, steady; middling 12o.
Gntenville. steady: middling 12c.
COTTON SEED Ol
L.
| Opening.
1 Closing
Spot ....
r8.25
August . . .
. J 8 25@9.00
R.00*f/ r <nn
September .
. . .1 8.234/ 8.25
8.03*?/ 8.07
«(ctober . . .
. .1 7.6MI7.70
1 7.65 fa 7.66
November . .
. .1 6.81/a 6.82
i 6.78*}/ 6.80
December . .
, .. 6.7R^/ 6.80
6.72^/6.74
January . .
. J 6.79@6.80
6.74'u 6.76
February . .
. ,| 6.81C«6.82
6.76@6.79
March . . .
. .' 6.83@6.89
i 6.81 @6.84
Bulls Force Prices Into New High
Ground on Western Drouth and
Deterioration Reports.
NEW YORK, Aug. 26.—At the opening
of the cotton market to-day trading was
not so active as yesterday and first
prices were 2 points lower to 2 points
higher than the closing quotations of
Monday.
Sentiment was pretty evenly divided.
Privately the opinion was expressed that
there would probably be rain over the
Oklahoma-Texas belt within 24 hours,
but when the official weather map of the
Government failed to show any sign of
rain or prospects for any the bears be
cause panic-stricken and bid against
one another so aggressively that prices
went up 13 to 21 points within a few
minutes after the opening. Shorts were
heavy buyers, also Liverpool, the South
and the spot interests were booked as
buyers, offerings were scarce, except
a few sales, which was attributed to
longs taking profits.
During the late forenoon the market
fluctuated around its high point.
In addition to the dry map reports
from the western belt were to the ef
fect that conditions In Oklahoma have
never been worse, but most of the
planting in Texas would probably yield
something less than a third that was
planted. Reports of deterioration in
most every section of the belt was re
ceived.
The Government’s weekly weather re
port was considered as bullish, especially
over the western half of the belt, and
shorts were apparently displaying con
siderable uneasiness, and additional buy
ing orders generally carried prices still
higher than the early high mark. Au
gust soared to 12.45, October 12.16. De
cember 12.11 and January 12.12, estab
lishing new high levels for the present
bull movement. The aggressive sellers
of yesterday were not in evidence.
Later, however, as the session wore
on there was considerable talk of a re
action and the selling became rather
general, which was confined mainly to
profit taking. No one, however, had the
courage to sell the market short in the
face of the continued drouth in the
Southwest and the pending Government
report, which will be made public Tues
day. September 2. The majority of
traders anticipate a very bullish condi
tion, claiming that deterioration in the
crop during August will exceed 10 points.
This did not encourage any of the early
activity, and prices shaded sharply from
the early best.
The close came ip the midst of general
realizing ami left prices at or near the
previous close, bing 2 points lower for
August and 1 to 5 points higher for oth
er positions.
Following are 11 a. m. bids in New
York: August 12.27, October 12.06, De
cember 12.00, January 11.91, March 12.00.
Following are 10 a. m. bids In New
Orleans: August 12.75. October 12 06,
December 12.07, January 12.09, March
12.21.
Estimated cotton receipts:
Saturday. 1912.
Galveston .
"The stock market will probably be
quiet until after President Wilson has
delivered his message to Congress on
the Mexican situation. Many operators
do not believe this will have any per
ceptible effect on prices and think that
stocks are a purchase, as they refused
to decline on the bad news of last week.
Among the specialties would buy the
traction Issues on any weakness."—G.
D. Potter.
"Sentiment in London is cheerful.
Traders in foreign markets show but
little disposition to trade in American
securities pending the outcome of the
Mexican situation. The text of Wilson's
note to Huerta required that Huerta
resign. Huerta has refused and Envoy
Lind will leave Mexico to-day, his mis
sion resulting in failure. Wilson is ]
ready to deliver his message to Congress
to-day at noon.
"Informaton channels favor & waiting
attitude. We would look for good buy
ing opportunities with the Intention to
hold for substantial profits unless unex
pected events make it advisable to take
smaller returns."—New York Financial
Bureau.
• • *
"The postponement of the delivery of
President Wilson’s message to Con
gress until Wednesday will probably
cause the present dullness to continue
until then. It looks as if the Mexican
situation might be settled peaceably. If
this proves to he correct the stock mar
ket will probably show some improve
ment.”—G. D. Potter.
L
PRICEQFGEREALS
Holders of Com Maintain Inflex
ible Grip on Unfavorable Crop
and Weather News.
Closed steady.
LIVE STOCK MARKET.
CHICAGO, Aug 26.—Hogs—Receipts
15.000. .Market strong. Mixed and
butchers, $7.65@9.15; good heavy, $8,300
8.80; rough heavy. $7.39@8.15; light, $8 45
@9.30; pigs, $6.25@7.75; bulk, $7 80@8 85.
Cattle Receipts 5,500. Market steady.
Beeves $7.35@9.10; cows and heifers,
$3.25@8 40; Stockers and feeders, $6.00(0-
7.85; Texans, $6.85@8.15; calves. $9.50@
11.25.
Sheep—Receipts 35,000. Market 10c
lower. Native and Western, $3@4.85;
lambs, $4 60(a8.00.
ST. LOUIS, Aug. 26.—Cattle—Receipts
9,500, including 700 Southerns. Natives
steady. Southerns steady to 10c low
er. Native beef steers, $6.50'?/9 00; cows
and heifers. $7.50@8.75; Stockers and
feeders. $5.25*57.50: calves, $6.00H 10.50;
: Texas sjteevs, $6,251/7 76; cows and heif-
Hogs- Receipts 8 500. Steady to 5c
lower. Mixed, $8.95@ 9.25; good, $8.70*?/
9.10; rough, $7.75*58.00. lights, $9.10@
j 9.25; pigs. $5.50^9.00: bulk. $8.95*59 25.
I Sheep—Receipts 6,000 Market steady.
.Lambs. 10c lower. Muttons, $3.25*54.00;
1 yearlings, $5.00@6.00; lahbs, $5.50@7.75.
New
Orleans .
350 to 45(
'735
RANGE
iN NEW
YORK FUT
URES.
c
V
a
if
Ol
i
o
„ . V
2 — o
re re —
> «
O
JL
l
-Jco| O
0.0
Ag
H2 22
12.45
12.17
12.221121.8-22
12.20-22
Spt
ill.99 12 2(
11.97
12.16 12.02-0412.02-03
Oc
111. 90,12.16
11.90
11.97 11.96-97
11.92-94
Nv
111.89-90 11.85-87
Dc
11.87
12.11
11.85
11.93 11.92-93 11.87-88
.In
11.79 12.02
11.75
11.82 11.82-83 1L.79-80
Fb
11.84-86 11.81-83
Mh
11.87112.10
11.85
11.92 11.92-94
11.89-90
My
111. 92112.15
11.90
11.99111.96-97
11.93-94
Closed steady.
LIVERPOOL COTTON MARKET.
LIVERPOOL, Aug. 26.—This market
was due 7 points higher on August and
3 to 4% points advance on later posi
tions, but opened quiet, at a net gain
of % point. At 12:15 p. in. the market
was steady, net unchanged to 1% points
higher. Later the market rallied %
point from 12:15 p. m.
Spot cotton dull at 7 points advance;
middling 6.81 d; sales 4,00) bales, in
cluding 3,500 American bales; imports
4,000, ol which 2,000 were American
bales.
At the close the market was firm with
prices at a net advance of 10 to 11 points
from the closing quotations of Monday.
Futures opened quiet.
Opening.
Prev.
tit• nge.
2PM.
Close.
Gins#.
Aug. . . .
. J5.55
6.54%
6.64
6.54
Aug.-Sept.
. .6.49
6.49
6.58
647%
Sept.-Oct.
. .6.41%
640 %
6.50%
6.40%
Oct.-Nov. .
. .6.39
6.37
6.47
6.37
Nov.-Dec. .
. .6.34
6 32%
6 42%
6.32
Dec.-Jan. .
. .6.34
6.32%
6.42
6.32
Jan.-Feb. .
. .6.34
6 33%
6.43
6.32%
Feb.-Mch. .
. .6.36
6.35%
6.44%
6.34
Mch.-April
. .6.37
6 36%
6.46
6.35
April-May
. .6.36
6.38%
6.47
6.36%
May-June .
. .6.39
6 38
6.48
6.37%
June-July .
. .6.39
6.37
6.47%
Closed firm.
HAYWARD <£. CLARK S
DAILY COTTON LETTER
NEW ORLEANS, Aug. 26.—Liverpool
came in poor, but advanced rapidly In
the last hour in sympathy with the
further strength in our markets. Spots,
7 points higher; sales, 4.000 bales; first
trades here were at a decline of 5 points,
but a general wave of buying soon came
on the market, which, together with the
execution of stop limits, advanced prices
rapidly to 12.13 for October.
The weekly weather report was ex
pected to be bullish. Private reports
continue to speak of sensational de
terioration in the western States, and
there is a growing expectation of a very
lc w Bureau condition on September 2 A
very bullish National Ginners’ condition
figure is rumored.
Bullish sentiment is in control.
NEW ORLEANS COTTON.
STREET FASTENS
EYE ON MEXICO
Postponement of Wilson’s Mes
sage Causes Present Dullness
to Continue—Small Change.
By CHARLES W. STORM.
NEW YORK, Aug. 26.—Mexican un
certainty over developments in the Mex
ican situation and the message to Con
gress caused a heavy tone to the stock
market at the opening to-day and most
prices were lower
Canadian Pacific dropped %, while
New York, New Haven and Hartford
lost 1%, going to 94%. This was the
lowest mark New Haven has reached on
its present movement and indicates per
sistent unloading from some quarter.
Union Pacific declined %, while United
States Steel common went to 63%, for a
loss of %. After a half hour a better
tone prevailed and some issue# made
partial recoveries.
Amalgamated Copper began un
changed and then shaded fractionally.
Southern Pacific commenced with a gain
of %, but soon lost it. Opening un
changed, Lehigh Valley declined. Amer
ican (’an, American Smelting, Northern
Pacific and Erie each lost %. American
Locomotive gained %. Reading began
unchanged at 161%, and then shaded.
The curb market was heavy.
Dealings in Americans in I^ondon
were of a professional character and the
stocks were irregular and heavy. Cana
dian Pacific in London eased off on ac
count of the weak character of the re
port.
The news from Mexico precipitated a
turn about in the market and an at
tack upon New* Haven caused depres
sion to the general list. This stock de
clined 4% net and this break had in
fluence upon the general list. The early
losses were made up shortly after.
Union Pacific was up %, and other
shares moved fractionally.
Call money loaning at 2% pw cent.
NEW YORK STOCK MARKET.
ST. LOUIS CASH QUOTATIONS.
Wheat—No. 2 red 90 @92
Corn—No. 2 $5
Oats—No. 2 41%@42%
CHICAGO, Aug. 26.—The entire grain
list was higher to-day, with com the
leader In strength as well as activity.
September corn was up l%c at the start.
December was up %c and May sold %c
higher. It is expected by those on the
bull side of corn that prices will con
tinue to harden from all the soft spots
in the market as long as the Southwest
remains hot and dry.
W heat was %c to %c higher, main
ly in sympathy with the strength in
corn.
Oats were %o to %c better, but the
feeling was hardly as strong as in other
grains.
Provisions were Arm, along with hogs.
CHICAGO GRAIN MARKET.
Grain quotatlona:
Low.
Previous
Close. Close.
High.
WHEAT—
Sept 87%
Dec 9<)%
May 95%
CORN—
Sept 74
Dec 69%
May 70%
OATS—
Sept 41 %
Dec 44%
May 47%
PORK—
Sept... 20.95
Jan.... 19.50
May.... 19.50
LARD—
Sept... 11.15
Oct.... 1122%
Jan... 10.87%
RIBS—
Sept... 11.37%
Oct.... 1120
Jan 10.27%
IVERPOOL GRAIN MARKET.
LIVERPOOL. Aug. 26.—Wheat opened
unchanged; at 1:30 p m. the market was
%@%d higher;* closed %@%d higher.
Corn opened -H higher; at 1:30 p. m.
the market was %@%d higher; closed
%@%d higher.
87
87
87%
60%
90%
96%
95%
95%
73%
73%
72%
68%
68%
68%
70
69%
41%
41%
41%
43%
43%
44%
46%
46%
47 %
20.95
20 95
20.97%
19.45
19.45
19.40
19.46
19.46
19.32%
11.12%
11.10
11.12
11.27%
11-17%
11.20
10.82%
10.80
10.80
11.35
11.35
11-37%
11 17%
1117%
11.17
10.25
10.25
11.30
CHICAGO CARLOTS.
■Tuesday. (Wedn’sday
Following are receipts for Tuesday
and estimated receipts for Wodensday:
Wheat . .
Corn .
Oats .
Hogs .
332
140
370
18,009
878
135
369
25J)00
Stock quotations;
STOCK—
High.
Low
Cl os.
Bid.
Prev.
Close.
Amal. Copper.
74
73%
73%
73%
Am. Agrlcul..
44%
44%
Am. Beet Sug.
26%
26%
26
26
American Can
35%
34%
35
34%
do, pref. ..
97
96%
96%
95%
Am. Car Fdy.
46
45%
Am. Cot. Oil..
44%
45
American Ice.
23
22%
22%
22
Am. Locomo..
35%
35
35%
35%
Am. Smelting.
67%
66%
67%
Am. Sug. Ref.
Am! T.-T. ..
130%
130%
130%
130%
Am. Woolen-
17%
17%
Anaconda ...
36%
56%
36%
Atchison ....
96
95%
15%
96
A. C. L. ....
121 %
121 %
B. and O ...
96'"
96 * '
95%
95%
Beth. Steel..
34%
34%
34
34%
B. R T
89%
89
89
Can. Pacific..
219%
219%
219%
220%
Gen. Leather.
23%
23%
23
23
G. and O. ...
59%
69%
59%
59%
Colo. F. and
I. ...
31
31
PRIMARY MOVEMENT.
WHEAT-
IMS.
1S12.
Receipts
867,000
137,000
Shipments
835,000
617,000
CuKN— | |
Receipts
664,000
648,000
Shipments
318,000
311,000
CHICAGO CASH QUOTATIONS.
CHICAGO, Aug. 26.—Wheat, No 2 red,
90(590%; No. 3 red. 8S%<589%; No. 2
hard winter, 88%@89; No. 3 hard win
ter, 88@88%; No. 1 northern spring, S2%
@93; No. 2 nothern spring, 90@92; No.
3 spring, 88@89%.
Corn. No. 2. 76@76%; No. 2 white, 76%
@77; No. 2 yellow, 76@76%; No. 3, 75%-
*5 76; No. 3 white, 76%@77; No. 3 yellow,
76@76%; No. 4, 74%@75%; No. 4 white,
75%@75%; No. 4 yellow, 75%@76%.
nats, No. 2 white, 42%@43; No. 3
white, 41 %*542; No. 4 white, 41@41%;
standard, 42%@42%.
ST. LOUIS CASH.
ST. LOUIS Aug, 26.—Cash corn No 2,
75; No. 3, 74%; No 4, 73% @74; No. 2
yellow, 75; No. 3 yellow, 74% @74%; No
2 white, 76%@77; Nq, 3 whiteT 75@75%.
Oats—No. 2, 41 % @42% ; No. 3, 41; No.
4, 40; No. 2 white, 43%; standard, 42@
42%; No. 3 white, 41%@42%; -No 4
white, 41. r
No. 2 rye, 70@71.
Grain Notes
Golo. Southern
Consol. Gas.
Corn Products
11 %
11%
11%
11%
D. and H. ...
160%
160%
160%
159%
kO:31. ETAOINTatelOAoHTHHTNTT
Den. and R. G.
19
20
Distil. Secur..
14
14
13
14
Erie
28%
28%
28%
28%
do. pref. ..
48%
46%
45
46%
Gen Electric..
14514
145%
145
G. North, pfd.
12714
127%
127%
127%
G. North. Ore.
34%
34%
G. Western...
13
13
Ill. Central..
107%
107''
107
106
Interboro ....
18>4
16%
16%
16%
do, nref
62%
62
62
62%
Int Harv. (old)
Iowa Central
K. C. S
M . K and T. 23
•do. pfd
L. Valley. . . 155%
23
10'
7
25%
22%
56%
10'
7
25%
23
56%
154 154% 154%
L. and N. . . 134% 134% 134% 135%
Mo. Pacific . . 31% 30% 30% 30%
»»%
Y. Central
j Northwest. . .
i Nat. I^ead. . .
N. and W. . . 106%
No. Pacific . 1
O. and W. . . 29%
Penna 113
Pacific Mail
97%
169%
48
49%
> X
L °
q.6
o'
re re „
(/> | O
[2 05 13 65 12 65 12 12 42 45
' I 09 12.02 03
II. 94 12.18 11.92 11.99 11.98-99 11.97-98
! ,11.94-96 11.93-95
III. 93 12.18 >12.9P11.98! 11.97-98 11.97-98
11.94 12.20 11.93 12.00 12.00-01 12.00-01
11.98-12 11.98-11
12.05 12.30 12.05 12.12 : 2.11 -13 12.11-12
12.31 12.40 12.31 ,12.38,12.20-22 12.21-2
losed steady.
, 106% 106% 106%
111% 111% 111% 111%
29%
112%
29%
112%
21 %
P. Gas Co . . 116% 114% 116
COTTON MARKET OPINIONS.
Morris H. Rothschild & Co.: We ex
pect a halt to the market pending
further developments of the spot situa
tion.
Josepthal, Louchheim Sr Co.: The
technical position of market still strong
and we continue our advice to buy cot
ton on any slight recessions.
INTERIOR MOVEMENT.
j * 1913." I 1912.
P. Steel Car .
Reading . . . 162
R. I. and Steel ..
do. pfd
Rock island
do. pfd . .
S. -Sheffield.
So. Pacific .
So. Railway
do. pfd
St. Paul . . .106%
Tenn. Copper. 31%
Texas Pacific.
Third Avenue
112%
21%
114%
24
17%
27%
9(i%
25%
24%
160% 121% 161
.... 23% 23%
87%
17%
27
29
90
24%
.... 79%
106% 106% 106%
31 31% 31
.... 16
38%
17%
26%
90%
24%
88%
17%
27%
30
90%
24%
79%
Union Pacific. 154% 152% 153
IT. S. Ttubber 61
I U. S. Steel . . 63%
I do. pfd.. . . 108
Utah Popper. 61%
V. -C. Chem. .
Wabash . . .
I do. pfd.. .
! VV. Union . .
W. Maryland.
W. Electric. . 71%
VV. Central
Houston. .
12,320
14,263
Augusta. .
258
200
Memphis. .
325
31
St D-uis. .
155
57
Cincinnati.
40
54
Total. . .
13,098
14.605
61
63
108
51%
71%
60%
63
16
38%
153%
60 V,
64
107% 108%
51
26%
4
12%
67
40%
71%
46
60%
26 %
4%
12%
67
40
71%
46
A report from Alberta states that
farmers are preparing to combine In
building a large chain of elevators,
covering forty-six different points.
• • •
Harris, Winthrop & Co. say: "We
still believe In being an owner of wheat
in this market. We would watch for
buying place* on December and May
corn again."
• • •
Regarding com, Inglis wired: "St.
Louis to Boonvllle, 200 miles along the
Missouri, 50 per cent of bottoms good
showing; no impairment. Balance more
or less spotted; some worthless. Around
Sedalia, com made and will produce 20
to 40 bushels. Plowing about finished."
• • •
Finley Darrell Sr Co.: "It looks as If
wheat were working Into a stronger
f >osltion daily. We favor purchases, be-
levlng that wheat will shortly work
higher September com futures are get
ting into stronger ground daily and we
look for prices to move higher as shorts
cover."
• • •
Lecount wires from Lanlgan: "Weath
er clear and favorable. Wheat matur
ing very fast. Total crop will be about
the same as last year."
• • •
The Kansas City bulletin shows no
rain In Kansas, Oklahoma or Missouri.
Kansas maximum temperatures, 96:
Oklahoma, 102 to 108; Missouri, 94 to 99
degrees. Omaha bulletin says no rain;
high temperatures, 103 at Ashland, Fair-
bury and Grand Island.
• • •
General forecast: Entire grain belt
shows fair and not much change In tem
peratures.
• • •
"Wheat: We continue to look for a
steady to firm market.
"Corn: Believe there is a consider
able outstanding short interest, which
will have to cover at a higher level
"Oats: We prefer the long side on
setbacks.”—Bartlett. Frazier & Co.
* • •
General manager of the Burlington
Railroad says: "Estimate of the corn
crop of the Omaha division 71 per cent,
against 77 last month. Lincoln division
36 per cent, against 56; Wymere divi
sion 28 per cent, against 49; McCook di
vision 38 per cent, against 46."
PORT RECEIPTS.
The following table shows receipts at j
the ports to-day compared with the
same day last year: |
j 1913.
New Orleans.
Galveston. . .
Mobile. ....
Savannah. . .
Charleston. .
Norfolk.
Boston.
Totai.
LOWRY NATIONAL BANK
Capital $1,000,000
Surplus $1,000,000
Saints Deprtenl
Safe