Newspaper Page Text
I
THE ATLANTA GEORGIAN AND NEWS.
11
COTTON 1
NEW H
flVEN ST[
ICK
GRAIN
V NEW YORK, Sept. 2.—In response to
dry weather in the southwest over the
triple holiday and expectation of a very
bullish Government report on the con
dition of the cotton crop, the cotton
market opened tlrm to-day and first
prices were at a net advance of 8 to 23
points from the closing quotations of
last Friday.
Not only was there a lack of rain, but
temperatures remained unseasonably
high, which further increased deteriora
tion. After the call, prices were pushed
19 to 33 points higher than the previous
close, through covering by nervous
shorts. New' crops were the highest.
January climbed to 12.42 for 33 points
advance.
NEW YORK COTTON.
Sept. .
Oct. .
Nov. .
Dec. .
Jan. .
Feb. .
Mar. .
April .
May .
Open 1 High |Low!Noon
12.25
12.42
12.36
12.36
12.78
12.38 12.44
12.46 12.49
12.36
12.57
12.35
12.49
12.78
12.25
12.42
12.34
12.36
12.76
12.34
12.42
12.36
12.67
12.34
12.48
12.58
12.44
12.49
Prev.
Close.
12.17- 18
12.27-28
12.18- 20
12.20-21
12.09-10
12.10-12
12.18-19
12.23-24
12.23-24
LIVERPOOL COTTON MARKET.
LIVERPOOL. Sept. 2.—Due unchanged
to % higher, this market opened steady
at a net advance of 2% to 3 point's
higher than Saturday’s final. At 12:15
p. m. t the market was quiet but steady,
September 8% points higher and other
positions 4 % to 7 points higher than
Friday s close.
Fair business doing- In spot cotton at
6 points advance; middling 7.06d; sales
8,000 bales, including 7,000 American.
NEW ORLEANS COTTON.
sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
May
Open) H i ghfLow! Noon
•
12.48
12.48
12.40
12.47
.
12.46
12.52
12.42
12.52
•
12.47
12.b6
12.45
12.56
.
12.57
12.63
12.57
12.62
12.71
12.72
12.71
12.72
Prev.
Close.
12.23- 37
12.24- 25
12.24- 26
12.26- 27
12.29-30
12.26- 28
12.36-40
12.49-51
Ihe New York Commercial places the
condition of the cotton crop at the end
of August at 71 per cent.
Condition by States: Tennessee, .77;
Oklahoma, .51; Louisiana. ,63; Arkansas,
.80; South Carolina, .78; Mississippi, .75;
Georgia, .86: North Carolina, .70; Tex
as. .60; Alabama, .70. The above figures
indicate a yield of 13,400,000 bales.
* * *
A Washington special to The Journal
of Commerce says: “It would appear
from the tariff debate in the Senate
yesterday that the Democrats have de
cided to make certain alterations in
the cotton futures tax section, but in
a manner that would possiblv restrict
sales more on the New York exchange
than would result from the present
proposed tax.
“It is said the plan is to modify the
section as it now appears in the pend
ing tariff bill to compel deliveries of
cotton to correspondents with the grade
of cotton specified in the original con
tract. When the grade called for in the
contract Is not delivered that contract
is to be taxed just as though no deliv
ery w’as to be made. The leaders are
now considering $1.50 per 100 bales as
possibly the best tax."
* * *‘
Dallas wires: “Texas generally clear
rains at Big Springs and Cuero, Okla.;
rains at Hobart, Weatherford. King
Fisher. Elk City, Mangum. Chickasha
and West cloudy; balance clear.”
* * •
NEW ORLEANS, Sept. 2.—Hayward
& Clark: “The weather map shows
partly cloudy over Texas and Okla
homa. Some light rains over south and
southwest Texas; cloudy along Gulf and
Atlantic Coast; fair over rest of the
belt. Some light rains in Mississippi
and the Carolinas. Indlcatons are for
partly cloudy and few scattered show
ers.”
* * *
Rainfall: Galveston. .76; Meridian. .02;
Montgomery, Ala. .01; Wilmington, N.
C., .16; Raleigh. .36; Del Rio, Texas, .14;
Houston, .01; Jackson, Miss., .04; An
niston, Ala.. 04.
• • •
Washington's forecast for week: With
exception of widely scattered showers,
the week will be one of generally fair
and moderately warm weather In the
Southern States. No indications at
present time of a disturbance in the
West Indies.
* * *
There have been some good rains since
Friday in Central and South Texas, hut
little in North Texas and Oklahoma.
Very had report from Cordill on Okla
homa.
• * +
Temperatures—Texas: Guthrie, clear.
80; Ardmore, clear. 85; Oklahoma City,
clear, 87; Denison and Gainesville, clean
78; Dallas and Fort Worth, part cloudy,
82; McGregor. Waco, Cameron, Austin
and Paris, all clear, 80; Pendleton,
Temple. Bartlett and San Antonio, clear,
78; Taylor, clear, 76; Houston, part
cloudy, 80; Galveston, clear, 87 degrees.
ATLANTA LIVE STOCK MARKET.
(By W. H. White. Jr., of the White
Provision Company.)
A good many cattle in yards this
week. Receipts consist mostly of mixed
cars from Georgia points, although
there were a couple of loads of medium
cattle from Alabama, and about three
lbads of fairly good stuff from Tennes
see. A load of 900 to 1,000-pound short
horn steers topped the market, a mixed
load of good weight heifers and cows
filling second place. Market has ruled
practically steady on the better grades,
Including best grass stuff. Light com
mon stuff seemed plentiful and prices
on this class ranged weak and irregular,
owing to quality and condition of offer
ings.
Hog receipts normal; market steady
and unchanged.
Good to choice steers. 1,000 to 1.200
lbs., 5.50({i6.75; good steers, 800 to 1,000
lbs., 5.25^6.25; medium to good steers,
700 to 850 lbs., 5.00^5.50.
Good to choice beef cows, 800 to 900
lbs., 4.76(5)5.50; medium to good cows,
700 to 800 lbs.. 4.00@4.75.
Good to choice heifers, 750 to 850 lbs..
4.76(56.50; medium to good heifers, 650
to 750 lbs., 4.00(g 4.50.
The above represents ruling prices of
good quality of beef cattle. Inferior
grades and dairy types celling lower.
Medium to common steers if fat. 800
to 900 4.50@5.00; medium to common
cows, if fat. 700 to 800 lbs.. 3.50(54.50;
mixed comnwm. 600 to 800. 3.00(53.75;
good butcher bulls, 3.25(54.00
Prime hogs. 160 to 200 lbs.. 8.60@
8.85; good butcher hogs, 140 to 160 lbs..
8.30(58-50. good butcher pig.^ 100 to 140
lbs.. 8.00(58.25; light pigs, 80 to 100 lbs.,
7.50(5 8.00; heavy rough and mixed hogs.
7.00(58.00.
Above quotations apply to corn-fed
hogs; mast and peanut fattened, lc to
l%c under.
COTTON MARKET OPINIONS.
William Ray & Co If prices are
higher after the reports, we advise sell
ing March or May.
Hayden, Stone & Co.: Conservative
operators were decidedly averse to fol
lowing the present advance any further.
Miller & Co.: We think between 70
and 71 will be considered a stand-off
BAR SILVER.
Report of Newest Wreck Causes
Decline in Shares of New
England Railroad,
STOCIvS N Y—MKTS
By CHARLES W. STORM.
NEW YORK, Sept. 2.—Unusual
strength marked Canadian Pacific at
the opening of the stock market to-day,
following the triple holiday. Canadian
Pacific began at 221%. against 218% at
the close here last Friday, and within
half an hour had increased its advance
to 4%. There was some profit taking
on the bulge.
The Copper group was strong. Amal
gamated Copper began with a gain of
and while there was some selling
it was more than balanced by the buy
ing.
New York, New Haven and Hartford
was one of the weakest Issues on the
list on account of to-day’s wreck, which
follows a long string of misfortunes on
this system. This stock shaded 2%
to 91.
The list had a mixed appearance.
Among the declines were: New York
Central, %; Alchison, %; Smelting, %.
United States Steel common sold ex-
uividend 1% and opened at 64%, against
last sale Friday at 65%.
Union Pacific, which also sold ex-div
idend opened % up and laler increased
the advance. Southern Pacific was also
strong, opening 1% higher. Reading
opened % up but shaded. Erie began
■% higher but shaded. Chino Copper ad
vanced % and the same amount of gain
was made by Chesapeake and Ohio.
American Car and Foundry and Ameri
can Can gained fractionally.
The curb was steady.
Americans in London had a cautious
appearance. Canadian Pacific in Lon
don was strong on buying.
NEW YORK STOCK MARKET.
Stock quotations to noon:
STOCKS— High.
Amal. Copper.
Am. Beet Sug.
77%
26%
American Can 3576
do, pref. ..
Am. Car Fdy..
Am. Locomo...
Am. Smelting.
Am. T.-T. ...
Anaconda ....
Atchison
Beth. Steel...
B. Ft. T
Can. Pacific..
C. and O
Erie
G. Western....
96%
46%
36
68%
131
38%
96%
36%
89%
Low.
76%
26%
35
96%
46%
36
68%
131
37%
95%
36
89%
Previous
Noon. Close.
76% 76
26%
35%
96%
46%
36
68%
131
38
95%
36
89%
26%
35%
96%
46%
35%
68%
37%
96%
35%
89%
222% 221% 22,1% 218%
60%
29%
14%
Interboro, pfd. 637b
M., K. and T.
L. Valley. . .
23
59%
28%
14%
63%
23
60
28%
14%
63%
23
59%
28%
14%
63%
22%
156% 156
Mo. Pacific . . 30 29%
N. Y. Central 96% 95% 95%
No. Pacific. . 112% 112% 112%
xNorthwestern
O. and W. . . 30
156% 155%
29% 30%
Penna.
29?/
. 113% 113
30
113
97
112%
130
29%
113%
Reading. . . . 163% 162% 162% 162%
R. I. and Steel 25 25 25 24%
Rock Island . 17% 17% 17% 17%
So. Pacific. . 91% 90% 90% 89%
So. Railway . 25% 25% 25% 24%
St. Paul. . . 107% 107% 107% 107
Tenn. Copper. 32% 32 32 3£%
xxU. Pacific . 153% 152% 152% 154%
63% 63% 65%
oi% 54% 53%
4% 4% 4%
68 68 67%
73% 73% 73
xxxU. S. Steel 64Vi 63% 63%
Utah Copper . 55 o4% 54%
Wabash. . . 4% 4% 4%
W. Union . . 68 68 68
W. Electric . 73% 73% 73%
xEx-dividend, 1% per cent.
xxEx-dividend, 2% per cent.
xxxEx-dividend, 1% per cent
STOCK GOSSIP
From the looks of the London market
they seem to disregard the newspaper
reports of Mexico, and it is more than
probable that these have been exagger
ated. The large interests have the bulk
of the stocks, and are arrayed on the
constructive side of prices. Believe ihe
treno will he toward higher prices and
would buy stocks on recessions.—G. D.
Potter.
Grain Notes
Bartlett, Frazier Company says:
“Wheat—We believe that liquidation lias
been pretty well exhausted and look for
a gradual advance in prices.
“Corn—We see no reason to change
our opinion regarding ultimate course
of values and«doubt if any recession of
moment will occur.
“Oats—We are inclined to look for a
better demand and believe prices on a
safe basis.”
• • *
Oklahoma State places corn condition
at 34 per cent. Last month. 41; last
year, 65. The Government in August
gave conditions at 44 per cent. Present
crop shows 60,000,000 bushels against
101,000.000 bushels last year.
PROVISION MARKET.
(Corrected by White Provision Co.)
Cornfield hams, 10 to 12 average,
19%c.
Cornfield hams, 12 to 14 average,
19%c
Cornfield skinned hams, 16 to 18
average, 21c.
Cornfield picnic hams, 6 to 8 aver
age, 13% c.
Cornfield breakfast bacon. 26c.
Cornfield sliced bacon. 1 lb. boxes. 12
to case. $3.75 per case.
Grocers’ style bacon (wide or narrow),
20c.
Cornfield fresh pork sausage, link or
bulk, in 25-lb. buckets, 12%c.
Cornfield Frankforts, 10-lb boxes. 12c.
Cornfield bologna sausage, 25-lb.
boxes, 10c.
Cornfield luncheon ham, 25-lb. boxes,
13 %c.
Cornfield smoked link sausage, 25-lb.
boxes, 10c.
Cornfield smoked link sausage in
pickle, in 50-lb. ca^s, $5.25
Cornfield Frankforts, in pickle. 15-lb.
kits $1.75.
Cornfield pure lard, tierce, basis 12%c
Country style pure lard, 50-lb. tins
only. 12%c.
Compound lard, tierce, 10%c.
D. S. extra, ribs, 12%c.
D. S. rib bellies, medium, average,
13 %c.
D. S. rib bellies, light, average 14c.
CHICAGO, Sept. 2.—Continued hot
and dry weather over the corp belt for
the last three days, combined with fur
ther complaint of damage in sections
of Nebraska, led to a rush of buying at
the opening to-day that carried prices
up 1 to IV4C over Saturday’s finish,
September leading the bulge
Frost in Canada and an advance of
% to 1 in Liverpool were bullish incen
tives in wheat, but the market made
only a small gain. Northwestern mar
kets were heavy, which offset the
strength abroad.
Oats were dull and made only a feeble
response to the bulge in corn, due to
the delivery of 2 200.000 bushels on
September contracts.
Provisions had a narrow range, but
became firm after an easy opening.
Grain quotations:
Previous
High. Low. Noon. Close.
WHEAT—
Sept 86% 86 86% 85%
Dec 90% 89% 90 89%
Mav 95 Vi 94% 94% 93%
CORN—
Sept 74 73% 73% 72%
Dec 70 V, 69% 70% fi 8%
May 71% "0% 71% 69%
OATS-
Sept 41% 41 41% 40%
Dec 44% 43% 44 43%
May 47% 47% 47% 46%
PORK—
Sept... 21.50 21.45 21.50 21.25
Jan.... 19.72% 19.57% 19.65 19.60
May. .. 20.67% 20.65 20.50
LARD—
Sept... 11.17% 11.15 11.17% At.25
Oct.... 11.25 11.22% 11.22% /11.35
Jan 10.95 10.92% 10.95 10.92%
RIBS—
Sept 11.42%
Oct 11.17% 31.15 11.15 11.25
Jan 10.35 10.35 10.35 11.35
Atlanta Markets
EGGS—Fresh country, candled, 25@
27c.
BUTTER—Jersey and creamery, in
1-lb. blocks, 27%@)30c; fresh country,’
fair demand, 15(&18c.
UNDRAWN POULTRY—Drawn, head
and.feet on, per pound; Hens 18@19c;
fries, 22%@24; roosters. 8(&10c; tur
keys. owing to fatness, 17(6 19c.
LIVE POULTRY — Hens. 40@45;
roosters, 30#35c; broilers 25@30c per
pound; puddle ducks. 30(&35c; Pekins,
35(6 40c; geese, 50(6 600 earh; turkeys,
owing to fatness, 15<6T7c.
FRUITS AND PRODUCE.
FRUITS AND VEGETABLES—Lem
ons, fancy, $5.00(65-50; California or
anges. $5.3565.50; Concord grapes,
27%630c a basket; Missouri peaches,
$ 2562 50 per crate; bananas, 2%63c lb.;
cabbage, 1%62c per drum; peanuts,
per pound. fancy Virginia. 6%<&7c;
choice, 5%60; beets, $1.756200, in half
barrel crates; cucumbers, $1.25@1.50;
eggplants, $1.0061-25 per crate; peppers,
$1.50 per crate; tomatoes, fancy, six-
basket crates, $2.0062-50; onions, $1.00
,per bu.r sweat potatoes, pumpkin yams,
856 90c per bu; Irish potatoes, $1.40 per
bag. containing 2% bushels; akro, fancy,
six-basket crates, $1.50@l-75.
FISH.
FISH—Bream and perch, 7c pound;
snapper, 10c pound; trout, 10c pound;
bluefish, 7c pound; pompano, 20c pound;
mackerel. 7c pound; mixed fish, 566c
pound; black bass, 10c pound; mullet,
$11.00 per barrel.
FLOUR AND GRAIN.
FLOUR — Postell’s Elegant. $7.75;
Omega, $7.00; Carter’s Best, $6.25; Qual
ity (finest patent), $6.00; Gloria (self
rising), $5.60; Results (self-rising), $5.40;
Swans Down (fancy patent), $6.00; Vic
tory (the very best patent), $6.00; Mon
ogram, $6.00; Puritan (highest patent),
$5.35; Golden Grain, 5.60; Faultless
(finest patent), $6.25; Home Queen
(highest patent), $5.75; Paragon (high
est patent). $5.75: Sunrise (half patent),
$4.75; White Cloud (highest patent),
$5.00; White Daisy (highest patent),
$5.00; White Lily (high patent), $5.00;
Diadern (fancy high patent). $5.75; Wa
ter Idly (patent), $5.15; Sunbeam, $4.75;
Southern Star (patent). $4.75; Ocean
Spray (patent). $4.75; Tulip (straight),
$4.00: King Cotton (half patent), $4.50;
low-grade 98-lb. sacks, $4.00.
CORN—Choise red cob, $1.00: No. 2
white bone dry, 99c; mixed, 85c; choice
yellow', 97c; cracked corn, 95c.
MEAL—Plain 14-pound sacks, 90c; 96-
pound sacks, 91c; 48-pound sacks, 93c;
24-pound sacks, 95c.
OATS—Fancy white clipped, 59c; No.
2 clipped, 58c; fancy w’hite, 67c; red
clipped, 57c.
COTTON SEED MEAL — Harper,
$31.50.
COTTON SEED HULLS — Square
sacks. $18.00. *
SEEDS—Amber cane seed. $1.00; cane
seed, orange, $1.00; rye (Tennessee) 2-
bu. sacks, $1.10; red top cane seed,
$1.35; rye (Georgia) 2%-bu. sacks, $1.25;
blue seed oats, 50c; barley, $1.25; Burt
oats. 70c.
FEEDSTUFFS.
CHICKEN FEED—Beef scrap, 100-lb.
sacks. $3.25; 50-lb. sacks, $1.65; Purina
pigeon feed, $2.25; Purina baby chick
feed, $2.05; Purina scratch, 100-lb. sacks,
$1.96; 50-lb. sacks. $2.00; Purina scratch
bales, $2.15; Purina chowder, 100-lb.
sacks, $2.05; Purina chowder, dozen
pound packages. $2.25; Victory baby
chick, $2.10; Victory scratch, 50-lb.
sacks, $2.00; 100-lb. sacks. $1.85; wheat,
two-bushel bags, per bushel, $1.25;
oyster shell, 80c; special scratch, 100-lb.
sacks, $.80; Kggo, $1.85; charcoal, 50-lb.
sacks, per 100 pounds. $2.00.
SHORTS—White. 100-lb. sacks, $1.75;
Halliday, w’hite, 100-lb. sacks, $1.80;
dandy middling. 100-lb. sacks, $1.75;
fancy, 75-lb. sacks, $1.75; P. W., 75-lb.
sacks, $1 60; brown, 100-lb. sacks, $1.60;
Georgia feed, 75-lb. sacks, $1.60; clover
leaf. 75-lb. sacks. $1.60; bran, 75-lb.
sacks, $1.30; 100-lb. sacks. $1.30; 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, $1.65;
Arab horse feed, $1.80; Allneeda feed,
$1.65; Suerene dairy feed, $1.55; Mono
gram, 10-lb. sacks, $1.60; Victory
horse feed, 100-lb. sacks. $1.65; ABC
'eed, $1.60; Milko dairy feed. $1.65; al
falfa molasses meal. $1.75: alfalfa meal,
$L.40; beet pulp. 100-lb sacks. $1.60.
HAY—Per hundredweight: Timothy
choice, large bales, $1.25; large fancy
light clover mixed. $1.20; No. 1 small
bales. $1.05; No. 2 small, $1; alfalfa, pea
green, $1.15; clover hay, $1.20: Timothy
standard, $1.05; Timothy small bales, $1;
wheat straw, 70c; Bermuda hay, 85c; No.
1. $1.20; wheat straw, 65c; Bermuda hay,
90c.
LIVE STOCK MARKET.
CHICAGO. Sept. 2.—Hogs—Receipts
16,000. Market steady. Mixed and
butchers. $7.20@8.20; good heavy. $7.76<j$
8.40; rough heavy. $7.00<£t7.55; light. $7.90
4/ 8 70; pigs. $4,754X7.80; bulk. $7.60^8.40,
Cattle—Receipts 5,000. Market steady.
Peeves, $7.35(^9.25; cows and heifers,
$3,254*8.30; Stockers and feeders, $6.75($
7.80; Texans, $6.50(£t8.00; calves, $10,004®
12.00.
Sheep- Receipts 38,000 Market 10c
lower. Native and Western, $3.00(^4.65;
lambs. $5.00(^7.90.
LONDON, Sept. 2.—Bar silver steady
at 27 9-16d.
MINING STOCKS.
Savings Department
9-. cArizona, 66. j
LOWRY NATIONAL BANK
Capital $1,000,000
Surplus $1,000,000
Safe Deposit Boxes
a
o
IS EXPLAINED IN
Next
Sunday's
American
A Berlin student has figured
it all out m a scholarly way
that the fire with which the
prophet confounded the
priests of Baal was pro
duced with the aid of pe
troleum. And another puz
zle, one of modern life, is
tackled in the same issue by
a distinguished astrologer
who tells how to be guided
by the stars in finding
Getting down to the “practical”
things of to-day, Lady Duff Gor
don, the world-famous Lucille
of London and Paris, will dis
cuss the autumn novelties in
dress of the French metropolis.
Among them are the
Nun’s Headdress
AND THE
Fuzzy Wuzzy Earrings
which, with the very transparent
gowns and the Eiffel Tower
plumes, have stirred the fashiona
bles abroad. Of course all the
will appear as usual, coupled with
interesting oddities of the every
day doings of the people of the
South. If you are not a regular
reader, you had better “join” at
once by ordering from your dealer
or by phoning Main 100.
b
Enthusiasm Is Running High
n Pedalmobile Contest
bj
“Gee, ain’t it a peach! Couldn’t 1 speed some if I had one of
them! How many are you going to give away, Mister?” These '
are some of the remarks to be heard around The Georgian Office
where the big red “Georgian Flyer” is on exhibition—the one
just like The Hearst’s Sunday American and Atlanta Georgian
will give to each boy and girl who secures forty new subscrip
tions to the paper before October 1.
There are many earnest workers and the subscriptions are
coming fast. It would only be a wild guess now to say who will
win the first fifteen cars and receive the Charter Membership
Certificates to the Atlanta Pedalmobile Racing Club. These Cer
tificates will entitle the holder to compete in any or all races and
events to be held in the near future.
Pedalmobile Clubs £y-e to he found in many of the large
cities, having been promoted by some of the largest and best
newspapers in the country. This sort of sport may be new in At
lanta, but in many particulars the Pedalmobile races are to the
children what the Auto races are To the grown-ups. In fact, they
are handled a good deal on the same order and are interesting
to the parents as well as the children.
These little macliiijes are not to be confined to pleasure
alone, but can be put to good use in many different ways. I11
some cities carrier boys who have won Pedalmobiles may be seen
distributing their papers in them. All these cars are well-made
and serviceable and will surely gladden the heart of any boy or ^
girl who is fortunate enough to win one.
These cars are now on exhibition in the window of O. C.
Polk Dry Goods Store, 29 South Gordon Street; South Pryor Ice 1
Cream Parlor, 353 South Pryor Street, and Imperial Tire and
Tube Company, 349 Peachtree Street. While attending the Odd-
and-Ends Sale at Polk’s Dry Goods Company, be sure to notice
the “Georgian Flyer” in the window.
OUTSIDE WORKERS.
A number of boys and girls outside of the city of Atlanta
have sent in their application blanks and are now working earn
estly to obtain one of the handsome little cars. The Pedalmobile
man will be glad to send subscription blanks to more honest hust- 1
lers who would like to own a Pedalmobile.
Just fill out the application blank below and full particu
lars will be mailed you at once.
7
APPLICATION BLANK
Pedalmobile Department of the Hearst’s Sunday American and
Atlanta Georgian.
20 East Alabama St., Atlanta, Oa.
I am interested in your free Pedalmobile offer and am determined to win
one if my application is accepted. Please send blanks and full particulars.
Name
Street
City .
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