Atlanta Georgian. (Atlanta, Ga.) 1912-1939, September 08, 1913, Image 11

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THE ATI A NT A CIFOROrAN AND NEWS. n More Cotton Ginned to Sept. 1, Than in 1911 STOCKS GRAIN WASHINGTON. Sept. 8.—A cotton re port issued to-day by the Census Bu reau shows 794,006 bales, counting round as half bales, ginned from the growth of 1913 to September 1, compared with 730,933 for 1912, 771.297 for 1911 and 353.011 for 1910 Hound bales included this year are 7,584, com pared with 7,434 for 1912, 7.709 for 1911 and 10,976 for 1910 Sea Island included 430 for 1913, 232 for 1912 546 for 1911 and 218 for 1910. Following shows the report by States, r nipared with last year and the year before. Sept. Sept. 1, Sept. 1, 1913 1912. 1911. Georgia .... . 72.622 34,526 134,431 Arkansas 2,200 81 170 Florida 2.954 1,832 3,796 Alabama 44,525 12,824 40,501 Louisiana 7,556 1,724 8.120 Mississippi ... . 2,027 442 1.865 North Carolina 188 674 1,246 South Carolina . 7,272 4,260 19,364 Oklahoma .... 4,943 323 4,255 Tennessee 9 O Texas 649,694 674.249 557,544 V arious 4 Total U. S. .. 794,006 730.935 771,297 COTTON NEW YORK $ept. 8.—As a result of an announcement from Washington that the Senate bill taxing cotton futures 50 cents a bale would not be effective for a year, coupled with much better ca bles than expected, commission houses were overwhelmed with buying orders over Sunday and the market to-day was up 24 to 44 points in consequence. Weather and crop dispatches were prac tically ignored in view’ of the news from Washington. The feeling was that for a time, at least, the market would be governed as much by Washington news as by crop conditions. The census report, giving the number of bales of cotton ginned to September 1 at 794,006, as compared with 730,935 last year and 771,297 bales for the same time in 1911, had little or no effect and fell flat on the market. After prices had increased their gain about 7 points from the opening an active selling move ment developed, which was believed to represent profit-taking by longs. The ring also sold. The late weather map. showing good rains in Texas, with in dications pointing to showery weather over the larger part of the cotton belt and cooler in the northern third of the belt, was responsible for the selling. Following are 11 a. m. bids in New York: October, 12.95; December, 12.94; January, 12.86; March, 12.95. Following are 10 a. m. bids in New Orleans: October, 12.92; December, 12.98; January. 13.01; March, 13.10. Estimated cotton receipts: Tuesday. 1912. New Orleans .... 1,000 to 1,500 467 Galveston 29.660 to 31,000 NEW YORK COTTON. ! Open 1 Prev. High |Low|Noon| Close. Sept 1 1 12.53 Oct 12.88 12.92 12.78112.86 12.54-59 Nov | | 12.63-64 Dec 1.2.90 12.98 12.86 12.91 12.64-65 Jan Feb 12.94 13.03|12.90 12.95,12.68-69 12.65-68 Mar 13.06 13.12 13.01 13.05 12.77-78 May 13.12 13.12 13.09,13.01 12.83-85 LIVERPOOL COTTON MARKET. LIVERPOOL, Sept. 8.—This market was due 10 to 13 points lower, but opened steady at a net decline of 5 to 5% points. At 12:15 p. m. the market was steady, September 4% points lower and other positions 3 to 4 points net lower. Later the market advanced 3 points from 12:15 p. m. Fair business doing in spot cotton at 4 points decline; middling 7.31d; sales 8.000 bales, including 6,300 American At the close the market was firm, with prices at a net advance of 8 to 11% points from the closing quotations of Saturday. Futures opened easier. Opening Prev. Range. 2 P.M. Close. Close. 7 01 7 11 1Z. 7 091' Sept .7.01 6.99 7.1114 7.03 Vi Sept.-Oct. . . .6.84 6.88 6.99 6.89 Oct.-Nov. . . .8.79% 6.83 8 9414 6.85 Nov.-Dec. . . .6.74 6.78 6.88 6.78% Dec.-Jan. . . .6.74 6.78 6.88 6.78% Jan.-Feb. . . . 6.74 6.77% 6.88% 6.79 Feb.-Mar. . . . 6.75 6.89 6.79% Mar.-April . . .6.75 6.79% 6.90 6.80 April-Mav . . .6.73 6.79% 6.90 6.80 May-June . . .6.75 6.79% 6.90 6.80 June-July , . .6.72% 8.87(4 6.77 July-Aug. Closed firm. .6.69 6.74 6.85 6.47% NEW ORLEANS COTTON. I I I Prev. (Open!High |Low'Noon! Close. Sept. . .. . 12.60- -62 Oct 12. 85 13. .00 12, ,85 12. ,9i 12.61- •62 Nov . !12. 97 12, .97 12. ,92 12 ,92 12.53- •55 Dec . 12. ,91 12. .96 12 .85 12 .91 12.58- -59 Jan . ,12. .8912 .9012, • 75 i 112 .83 12.49- -52 Feb ••• . 12.58- •59 March . . .12. 96 12. ,96 12. 84 12 .92 ; ,12.58- ■59 April.... ■ ..... ,12.58- ■ 60 May . 12 .99 13 .04 12. .92 |l2 .98 12.65- -66 June . |13. 00)13. ,06 13, ,00 13 .01 12.71- -73 July . 113. 03 13 .03.13. ,03 13 .03 12.66- 68 COTTON MARKET OPINIONS. Logan & Bryan: We will likely have further temporary depreciation In val ue* Miller & Co.: Washington will no doubt make the market until the fate of the Clarke tax bill has been deter mined. Underlying conditions are bull ish, however. Grain Notes Bartlett-Frazier Co. say: "Wheat— We will probably have a somewhat lower market to day, but do not look for any material break. "Corn—The effort made Friday and Saturday to depress prices will no doubt continue -otday, but we believe corn should be bought on all such depres sions, as we are confident of very much higher prices. “Oats—Prefer long side on weak spots." Missouri State report issued Saturday makes the condition of corn 41.8 per cent, against 70 last month and 87 last year, when crop was 243,000,000 bushels. Twenty per cent of crop is cut Wheat ground plowed. 30 per cent, against 44 per cent last year. Lack of rain pre vents further plowing. Oats yield, 20.5 per acre, against 3C a year ago. * * • Barrett and Kidston were the leading sellers of wheat to-day. Commissoin houses scattered buyers and were best buyers of corn. WOULD YOU BUY a good automobile cheap? The automobile columns of the “Want Ad" gection carry a list of automobiles and accessories. EXCURSION TO BIR MINGHAM. $2.50 round trip, Septem ber 22. Special train leaves Old Depot 8:30 a. m. SEA BOARD. By CHARLES W. STORM. NEW YORK. Sept. 8.—Vigorous buy ing of the copper stocks made that group the most prominent feature of the early trading on the stock market to-day. Amalgamated showed an initial gain ol %, with sales at 78% and advances of about half a point were made in Smelt ing, Chino and Tennessee Copper. Most of the buying was based on the expectation that a substantial decrease in The stock of metal on hand will be shown in the copper producers’ state ment to be issued later in the day. Trading in the other issues was dull with movements about equally divided between gains and losses. The London market was sluggish, trading in American shares being dull. The curb market was steady. NEW YORK STOCK MARKET. Stock quotations to noon: Previous STOCKS— High Low. Noon. Close. Amal. Copper. 78% 77% 77% 78% Am. Beet Sug. 29 27 28 26% American Can 34% 33% 33% 33% do, pref. .. 95% 95% 95% 95% Am. Car Fdy. 48Vi 47 47% 46% Am. Cot. Oil.. 43% 43 Vi 43% 43 Am. Locomo.. 36 35% 3p% 35 Am. Smelting 68Vi 68% 68% 68 Am. Sug. Ref. 110% no no 109% Am. T.-T 131 131 131 130% Anaconda .... 39% 38% 38% 39% Atchison 94% 93% 93% 94% B. and 0 96% 96% 96% 96 Beth. Steel... 36 36 36 35% Can. Pacific.. 221 220 vs 220% 220% C. and O. ... 58 57% 57% 57% Colo. F. and I. 31% 31 (4 31% 31% Consol. Gas.. 131 131 131 130% Corn Products 11% 11% n% ii% Distil. Secur.. 12% 1214 12% 13 Erie 28% 285s 28% 28% G. North, pfd. 12694 126% 126% 126% G. North. Ore. 34 34 34 34 Ill. Central.... 109 108 108 107% Interboro .... 16Vs 16 16 16 do, pref. .. 62% 62 Vi 62% 62% L,. Valley. . . 154 154 154 154 Mo. Pacific . . 29% 29% 29% 29% N. Y. Central 95 95 95 95% No. Pacific . . Ill Vi 111(4 111% 111% Penna 112% 112(4 112% 112% P. Gas Co. . . 122 121% 121% 121% P. Steel Car. . 29% 26 % 28% 25% Reading. . . . 160% 159% 159% 160% R. I. and Steel 24% 24% 24% 23% Rock Island . 17 16% 16% 17% do. pfd.. . . 26% 26% 26% 27 So. Pacific . . 90% 90% 90% 90% St. Paul . . . 106% 105% 105% 106% Tenn. Copper. 34% 34 34% 34 Union Pacific. 151 150(4 150% 151% U. S. Steel . 63% 63 63 63% do. pfd.. . . 108% 108% 108% 108% Utah Copper. 57 Vi 57 57 V.-C. Chem. . 28 27% 28 27 W. Electric . 72% 71% 71% 72% STOCK GOSSIP The proposed currency bill may pass the House this week, but it is not ex pected to get through the Senate be fore the regular session. • • • Twelve industrials advanced .27. Twenty active rails advanced .10. * * • The general list will probably wait for the Government grain and steel ton nage report Tuesday and Wednesday, respectively. * * * Improvement in the stock market may be of a specialty character in the early part of the week. We would buy on moderate recessions in the leaders, and in the specialties when they are made bullishly active. Buy wheat and corn on weakness.—New York Financial Bureau. • * * Copper metal is running short in Eu rope and the price is steadily advanc ing. Cables stated that there is no ■copper left for September delivery in London and little for October delivery. On this shortage of the metal the price went to the equivalent of 16% cents. Amalgamated shares rose sharply on the news. Confidence in the ability of the company to continue the payment of 6 per cent dividends is greatly strength ened by the sharp rise in the price of copper and that was the basis of the advance in the price of the stock. IMMEDIATE DELIVERIES OF DRY GOODS WANTED Marshall Field & Co., in their weekly review of the dry goods trade, says: "Interest in the dry goods trade cen ters principally on immediate busi ness. The extreme hot weather of the early part of the week interrupted fall business somewhat, but the cooler days following brought a large number of buyers into the market. Road sales show a fair increase over the corre sponding period a year ago. “The cotton goods market has been excited on account of the advance in the price of raw cotton, due to the severe drouth in certain cotton-growing States as reported by the Government. This, together with the known scarcity of merchandise, is causing retailers to place orders on domestics freely for their current wants. “The sale of silks for the fall trade indicates that this is going to be one of the best silk seasons for a number of years. A condition exists in the silk industry that has not been duplicated in the history of the business. A short crop of silk is reported in Japan and Italy, there is a scarcity of manufac tured lines on hand and prices are ad vancing steadily." THE WEATHER. Conditions. WASHINGTON. Sept. 8 —The weather will be unsettled and showery this aft ernoon and to-night over the northern districts east of the Mississippi River, with somewhat lower temperatures, fol lowed by generally fair weather Tues day with moderate temperatures. In the South Atlantic and East Gulf States local showers are indicated to night and Tuesday, except in the Caro- linas. General Forecast. General forecast until 7 p. m. Tues day : Georgia—Local thunder showers to night or Tuesday. Virginia—Unsettled, with showers to night or Tuesday; somewhat cooler in north portion. North Carolina and South Carolina— Generally fair to-night and Tuesday. Florida. Alabama ami Mississippi — Local thunder showers to-night or Tuesday. Tennessee—Unsettled to-day and Tuesday. CHICAGO, Sept. 8—Corn had an ir regular range, the weakness in wheat offsetting to some extent the continued dry and hot weather over the corn belt the past 48 hours, but tempera tures were somewhat lower. Inside fig ures with Liverpool showing a decline of G to %c‘. Increased shipments in the Northwest added to weakness in wheat. Oats followed the other gains. Provisions were slightly higher in sympathy with hogs, which were up 5 cents. CHICAGO GRAIN MARKET. Grain quotations to noon: High ItOW. Previous Noon. Close. WHEAT- Sept 88% 88% 88% 88% Dec 92% 91% 92% 91% May 96% 96% 96% 96% CORN- Sept 76% 757 s 76 \ 76% Dee 73% 72% 73 Vi 72% May 74% 73% 74% 74 OATS— Sept 43 42% 43 42% Dec 45% 45% 437s 45% May 48% 48V 4 48% 48% PORK— Jan... 20.32*4 20 32% 20.32% 20.30 May. . . . 20.45 20.45 20 45 20.37% LARD— Sept. . . . 11.40 11.37% 11.37% Oct 11.45 11.40 11.45 11.40 Jan 11.22% 11.20 11.22% 11.17% RIBS— Oct 11.32% 11.30 11.30 11.30 Jan.... 11.70 11.67% 11.67% 11.65 May.... 10.82% 10.80 10.80 10.82% 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 (ft 10c; tur keys, owing to fatness, 17(0)l9c. LIVE POULTRY — Hens, 40@45; roosters, 30@35c; broilers 25©30c per pound; puddle ducks, 30@3oc; resins, 35© 40c; geese, 50© 60c each; turkeys, owing to fatness, 16©17c. FRUITS AND PRODUCE. FRUITS AND VEGETABLES—Lem ons, fancy, $5.00@5.50; California or anges, $5.35© 5.50; Concord grapes. 16© 18c a basket; Missouri peaches. $ 25©2 50 per crate; bananas, 2%@3c lb.; cabbage, l%@2c per drum; peanuts, per poi nd, fancy Virginia, 6%©7c; choice, 5%@6; beets, $1.75©200, in half barrel crates; cucumbers, $1.2501.50; eggplants, $1.00@1.25 per crate; peppers 75c©$1 per crae; tomatoes, fancy, six- basket crates, 50c© $1.10; onions $1.00 ,per bu.; sweet potatoes, pumpkin yams, 75©80c per bu; Irish potatoes, $2.25 per bag, containing 2% bushels; akro, fancy, six-basket crates, $1.50@1.75. Sugar, raw quiet; centrifugal. 3.76; muscovado, 3.26; molasses sugar. 3.01. Sugar, refined steady; fine granulated, 4.60@4.80: cut loaf, 5.60; crushed. 5.15; cubes, 4.85@5.05; powdered, 4.70©4.90, diamond A. 4.80; confectioner’s A, 4 66. Softs—No. 1 4.55. (No. 2 is 5 points low er than No. 1 and Nos. 3 to 14 are each 5 points lower than the preceding grade.) Potatoes weak: white, nearby, 1.85© 2.35: sweets. 75©2.76. Beans irregular; marrow*, choice, 6.40 ©6.45; pea, choice, 3.75©3.80; red kid ney, choice. 3.90©-4.00. Dried fruits irregular; apricots, choice to fancy, 12@14%; apples, evaporated, prime to fancy, 6%©8%; pdunes, 30s to 60s, 7%©12; 60s to 100s, 4Vi@7; peaches, choice to fancy, 6©7Vi; seeded raisins, choice to fancy, 6© 7%. FISH. FISH—Bream and perch, 7c pound; snapper, 10c pound; trout, 10c pound; bluefish, 7c pound; pompano, 20c pound; mackerel, 12c pound; mixed fish, 5©6c pound; black bass, 10c pound; mullet, $9.00 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; Diadem (fancy high patent), $5.75; Wa ter Lily (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, 9lc; 48-pound sacks, 93c; 24- pound sacks, 95c. OATS—Fancy white clipped, 59c; No 2 clipped, 58c; fancy white, 57c; red cl.pped. 57c. COTTON SEED MEAL—Harper, $31.50. COTTON SEED HULLS — Square Backs. $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. $1.95; 50-lb sacks. $2.00; Purina scratch hales, $2.15; Purina chowder, 100-Ib. Backs, $2.05; Purina chowder, dozen pound packages, $2.25; Victory baby chick, $2.10; Victory scratch. 50-lb. sacks, $2.00; 100 1b. sacks, $1 85; wheat, two-bushel hags, per bushel, $1.25; oyster shell, 80c; special scratch, 100-lb. sacks, $ 80: Eggo. $1.85: charcoal, 50-lb. sacks, per 100 pounds, $2 00 SHORTS—White. 100-Ib. sacks, $1.75; Halliday, white, 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; 50-lb. sacks, $1.30; Homeoline, $1.50; Germ meal, Romeo, $1.60. GROUND FEED—Purina feed, 175 1b. 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 feed, $1.60; Milko dairy feed, $1.65; al falfa molasses meal. $1.75; alfalfa meal, $1.40; 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. 7Cc; Bermuda hay, 86c; No. 1. $1.30; wheat straw, 65c; Bermuda hay. 90c. WOULD YOU BUY a good automobile cheap? The automobile columns of the “Want Ad” section carry a list of automobiles and accessories LIVE STOCK MARKET. CHICAGO, Sept. 8.—Hogs—Receipts 41,000; market 5© 10c higher. Mixed and j butchers $7.70© 9.20; good heavy. $8.20, ©8.85; rough heavy, $7.55©8.10: light. $8.50© 9.40; pigs. $5.15@8.10; bulk. $8.10 | @8.75. Cattle—Receipts. 23.000: market 10c j lower. Beeves, $7.35© 9.10: cows and heifers. $3.25@8.25; stockers and feeders, j $5.75@7.T0: Texans. $6.50©8.00: calves, $10 00 @11.50. Sheep—Receipts 30,000: market steady, j Native and Western, $3.25© 4 80; lambs $5 90©.7.80. MINING STOCKS. BOSTON, Sept 5. — Opening; North Butte, 29*4. Tamarack, 31. $2.00 TO CHATTANOO GA AND RETURN | I W and A. Railroad will sell ! round trip tickets from Atlanta to s Chattanooga and return for train t leaving Atlanta at 8:35 a m i Thursday. September 11, 1913. ) good returning not later than train arriving Atlanta 7:35 p. m t ( Saturday, September 13. 1913 C H HARMAN General Passenger Agent < P Life’s Worth Living in Georgia If you prefer city life, there are no better cities in the world than those in Georgia. If you prefer village life, the smaller towns in Georgia offer every inducement. If you prefer country or farm life, Georgia offers greater inducements than any State in the Union. Georgia lands work the year round, from two to five crops being gath ered off of the same land each year—crops that are profitable. Climate and Soil i—: The climate is such that far mers do not have to house stock during the winter, there being good grazingtheentire year. For raising cattle and stock Georgia offers greater inducements than can be found elsewhere. The soil is suited for almost anything that grows and can be utilized the entire year. The prices at which good farm land can be purchased at present in Georgia are so low that it is a matter of comment — some thinking that the land is not so good as stated. The land is good, but there are thousands of acres that are now lying idle and the good people of Georgia are anxious for good farmerstocomeamongthem. Consequently the land is cheaper here than elsewhere. Information Furnished If there isanythingyou would like to know about Georgia, a letter to the Real Estate Dept, of Hearst’s Sunday American or Atlanta Geor gian will bring just the infor mation you desire without cost to you. Co me to Georgia, where life's worth living. Address Real Estate Dept. Hearst’s Sunday American or Atlanta Georgian Enthusiasm IsRunningHigh In Pedalmobile Contest “Gee, ain’t it a peach! Couldn’t I speed some if T had one of them! How many are you going to give aw T av, 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 hoy 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 sav w T ho will win the first fifteen cars and receive the Charter Membership Certificates to the Atlanta Pedal mobile Racing Club. These Cer tificates will entitle the holder to compete in any or all raeesand events to be held in the near future. Pedalmobile Clubs are 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 machines are not to be confined to pleasure alone, hut can be put to good use in many different ways. In some cities carrier boys who have won Pedalmobiles may be seen distributing their paper’s 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 Prvor Ice 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 “Georgiau 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 he glad to send subscription blanks to more honest hust lers who would like to own a Pedalmobile. Just fill out the application blank below and full particu lars will he mailed you at once. APPLICATION BLANK Pedalmobile Department of the Hearst’s Sunday American and Atlanta Georgian. 20 East Alabama St., Atlanta, Ga. 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 > : 4