Atlanta Georgian. (Atlanta, Ga.) 1912-1939, September 02, 1913, Image 11

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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 . Recommended by