Newspaper Page Text
Bumper Crops and High Prices
Arouse Business Optimism,
Atlanta Bankers Elated,
Bumper crops and high prices have
aroused a'spirit of business optimism
In Atlanta and the surrounding ter
ritory that probably never has been
equaled in the history of this section.
Leading bankers, those barometers
of prosperity and woe, declare At
lanta is on the threshold of her great
est business year. In their discus
sions possible ill effects from the new
tariff and currency bills seem forgot
ten.
An epitome of their opinions is well
worth reading by every man Interest
ed in business, whether his ambition
be to found a great fortune or Is
bound by the comfortable limits of a
good living.
Candler Is Optimistic.
“We never have had reason to be
more optimistic as to the immediate
future than now,” said Asa G. Can
dler. president of the Central Bank
and Trust Corporation.
“Georgia and the Carolinas com
pose the most favored section in the
United States this year," said Frank
Hawkins, president of the Third Na
tional Bank. “Georgia’s cotton crop
should net 2,500,000 bales and there is
a tremendous corn crop.
"We are not glad of the poor crops
in the Southwest and West. It is the
cause of high prices, at least one of
the principal causes. But such condi
tions arise in the workings of the law
of averages and it is our turn to pros
per.”
“Romantic,” Says Peel.
“Crop reports from all over our sec
tion of the country make the most
thrilling romance I ever have read,”
said Colonel W. L. Peel, president of
the American National Bank. "Indi
cations are that people not only will
have enough money to pay their debts
immediately, but a surplus on which
to trade.”
“Atlanta occupies the strategic po
sition in this years richest crop ter
ritory,” said W. S. Lounshury, presi
dent of the Travelers’ Bank and Trust
Company.
“Georgia’s rank of third in the in
crease of the corn crop, which in
crease is shared by our neighboring
States, means that we are going to
keep more of the money from this
tide of prosperity at home,” said
Colonel Robert J. Lowry, president of
the Lowry National Bank. “That to
me is the most favorable sign jt
all.”
Good Effects Apparent.
“This is unquestionably a year of
large business for us,” said J. K.
Ottlev. vice president fo the Fourth
National Bank. “And I believe we
will go through it on a conservative
basis.”
“.VIV observations of conditions
convinces me that we already have
N gun to feel fthe good effects on
b-'fin ss of the splendid crop pro*
r' '. '.U ns throughout this territory.”
f .id \V\ J. Blalock, president of the I
rollon National Bank.
• Tao borrower and the lender will j
r . friends this year.” said W. D. j
?■ uil.-y. of the Bankers’ Trust Com- i
pany. * I
"I believe Georgia is in a bett'r !
c^ndiCon financially, from the stand- j
r "int of agricultural production, than :
r av of the States.” said Charles E.
Carrier, president of the Atlanta Na
tional Bank.
TTTE 'ATLANTA GEORGIAN ANT) NEWS.
15
$940,000,000 Cotton
Money for South,
Experts Estimate
Into the pockets of cotton planters
In the Southern States will pour a
golden stream of J940.000.000, accord
ing to Southern Farming, the Orange-
Judd paper published in Atlanta.
The Orange-Judd experts estimate
the growing crop at under 13,000,000
bales, and say 14 cents should be a
fair price for middling. This price
amounts to $70 per bale, as against
$59 last year, $44 for the bumper crop
of 1911 and $71 for the short crop of
1910.
Southern Farming looks for 5,666,-
000 baits west of the river and 7,200,-
000 bales east of the river. With the
visible world’s supply of cotton, this
makes American cotton in sight for
the needs of the spinners until Au
gust 30, 1914, only 14,900,000 bales, an
amount believed to be beneath actual
needs.
SLAIN GIRL
NEW YORK, Sept. 9.—The army of
detectives working on the mystery
surrounding the death of the girl
whose torso was found in the Hud
son River were hopeful to-day of
solving the identity of the victim and
locating her slayers.
The pillowcase which was wrapped
around the first section of the torso
was secured from George W. Sachs,
a second-hand dealer. Sachs declared
he bought one dozen of the casings.
He remembers selling one to a wom
an.
Looked Like Actress.
The appearance of Jeanette Gene
vieve Norman, an actress, who has
disappeared mysteriously, tallies
with that of the girl whose torso has
been found. Miss Norman was ac
customed to wear low-neck dresses.
The V-shaped tan mark on the throat
and breast of the murdered girl shows
that she, too, had worn low-neck
gowns.
Miss Norman disappeared August
31, the same day, it is believed, the
river victim met death. Miss Nor
man played last summer with a Hin
du magician at Palisade Park, N.
J., near the place where the first part
of the torso was found. Some weeks
ago Miss Norman quit, but on Au
gust 31 told friends she planned to go
over to Palisade Park. She had not
been seen or heard from since.
Dismembered While Alive.
Surgeons declare the girl would
have been a mother in about four
months had she lived. There were :>o
evidences of an operation, but medi
cal men say the girl was dismem
bered while alive.
Peter H. Sternemann, of Brooklyn,
who claimed the murdered girl was
his daughter, was Haced under ar
rest to-day as a material witness.
Sternemann had a violent fear that
some harm would come to his daugti-
ter and often locked her up.
Wealthy Covington
Planter Dies Here
J. H. Eckels, a wealthy cotton
planter of Covington. Ga., died Tues
day morning at a sanitarium, after
being ill only a few days. He is sur
vived by two sisters. Mrs. A. M. Tur
ner and Mrs. YV. C. Clark, both of
Covington, and one brother, C. H.
Eckels, of New York City.
Mr. Eckels was a member of Yaarab
Temple of Shriners. and of St. Ber
nard Commandery, No. 26, Knights
Templars, at Covington. The body will
be sent to Covington at 5 o’clock on
Tuesday afternoon, accompanied by a
detail of local Shriners.
English Girl Travels
To Memphis to Wed
MEMPHIS, TENN., Sept. 9.—Miss
Allen Nellor traveled 5,000 miles from
her home In England to wed James
Ramsbottom, a Memphis cotton man,
her boyhood sweetheart.
The marriage took place at a
bungalow which Ramsbottom built
and furnished in anticipation of the
wedding.
OBITUARY.
The funeral of Jay S. Herren, who
died Monday morning, was hela
Tuesday morning from the resi
dence, No. 302 Rawson street, the
Rev. J. D. Robins officiating. He
was twenty-eight years old, and is
survived by his wife, one son and
his father, James Herren. In
terment at Westview.
Mrs. Elizabeth Brooks Johnson, sev
enty-two years old, No. 556 South
Pryor street, died early Tuesday
morning. She is survived by two
daughters, Mrs. Mamie Dorman, o.
Manchester, Ga., and Mrs. Jess. •
Rosser, of Atlanta, and one sister,
Miss Cornelia Darby, also of A:-
ianta. Funeral services will be heL
at 10 o’clock Wednesday morning
at the residence. Interment at
Westview.
Funeral services for Miss Carrie F.
Bankston, thirty-one years old. who
died Monday at her home on Pev-
ton road, were held at the residence
Tuesday morning. She is survived
by her father and mother, Mr. and
Mrs. B. E. Bankston. Interment it
Hollywood.
The body of Mrs. Kate Hardie Butt,
who died here Sunday, was seot
Monday night to Orlando, Fia., for
interment.
Shower Cools City;
Fall Weather Near
A shower shortly after noon Tues
day forced the mercury down five
degrees in about as many minutes.
The day started off with the ther
mometer registering 72. and the heat
was somewhat oppressive all fore
noon
Forecaster von Herrmann says real
autumn weather is not far away.
For Tuesday night and Wednes
day fair weather is forecast.
Throngs at Macon
Hear Dr. Broughton
MACON. GA.. Sept. 9.—Dr. Len G.
Broughton, who is conducting a re
vival here at the City Auditorium, is
meeting with great success. Since he
opened the series of meetings last
Sunday afternoon, the Auditorium has
been packed at every meeting. Many
were turned away Sunday night be
cause there was not even standing
room.
All ‘Suicide’ Forgot
Was to Kill Himself
AUGUSTA, Sept. 9.—W. C. Oetjen,
a. chauffeur, told his wife he had
swallowed cocaine and soon would be
dead. The ambulance was called, but
it took the combined efforts of the
boarders, attendants and police to get
him to the hospital.
4fter an examination ana waiting
for signs that the drug was taking
effect and none appearing, he was re
leased. Why he told the story has
not been divulged. __
Mayson Puts 0. K.
On Dictograph Bill
A mandamus to force Mayor Wood
ward to sign the check to pay the
cost of the dictograph which en
trapped him and Colonel Thomas B.
i Felder was threatened Tuesday when
Police Chief J. L. Beavers secured
a ruling from City At.orney James
I* Mayson, who ruled that the bill
Wa \l tt 'vor^Woodward persists that he
will not sign the check. Neverthe-
less, it will be presented again to
him.
Quakes Drive U. S.
Consul’s Aide Home
NEW ORLEANS, Sept. 9 —Because
there were 23 earthquakes in 24 hou:s
In Guatemala City. Armistead Nelson
Collier resigned as Secretary of the
American Legation there.
He arrived here to-day and left -.t
once for Washington.
im suns III
FI SMS IN
“Circularized” as “Stellar At
traction” in Chautauqua Belt
With Yodlers and Jugglers.
WASHINGTON. Sept. 9. — Bar-
num’j-! or any other circus has “noth
ing on” William Jennings Bryan, Sec
retary of State of the United States.
He is “the stellar attraction” of the
Chautauqua circuit, and will tour five
States under this title in a quick
succession of one-day—or night-
stands.
Washington awoke this morning to
find it had been “circularized” by Paul
M. Pearson, director of the Chau
tauqua Association of Pennsylvania.
In a circular accompanying a let
ter to the press correspondents Di
rector Parson advertises "the stellar
attraction,'' who will move with the
show tent from town to town.
Bryan “support” is heralded as in
cluding Alpine yodlers and Jugglers
and other performers. The Secretary
of State, It is arranged, will receive
"fifty-fifty” of the gate receipts; he
to get the first $250C the association
the next $250, and so on.
Tire subject of his lecture will be
either “The Signs of the Times” or
“Making of a Man.”
Europe Stirred Over
Bryan’s Lecture Tours.
Special Cable to The Atlanta Georgian.
PARIS, Sept. 9.—Secretary of State
Bryan’s defense of his Chautauqua
lecture tour, which was cabled in
response to a request to The Excel
sior, aroused much comment to-day
in newspapers throughout Europe. It
is the chief topic of discussion in the
American colony.
Newspapers of yellow tendency are
making a “feature’ ’of it, saying that
it compares in many respects with a
“circus tour.” In defending hi*
course, Bryan cabled as follows
to The Excelsior:
“I have been making addresses ct
meetings of the Chautauqua associa
tion for many years. Why should I
renounce this now as Secretary of
State? President Wilson sees no ob
jection. I speak onlv on the educa
tional question. This is the unique
object of the conferences, which are
not held for lucrative purposes.”
12 Held for Trial for
Death in Prize Ring
LOS ANGELES, Sept. 9.—Jess
Willard, Tom McCarey and ten oth
ers connected with the Vernon battle
of August 22, in which “Bull” Young
met his death, must stand trial on
charges of second-degree murder an 1
prize fighting. The Supreme Court
will hear the case.
Such was the ruling of Judre Sum-
merfield at the conclusion of the pre
liminary hearing on manslaughter
charges.
Beware, Mashers!
Here's a New Fate!
LOGANSPORT, IND„ Sept. 9.—
Mrs. Jesse James stopped on a street
comer to speak to her father. As
she started on one young man of a
group of five said: “Where ye go-
in’?”
“Who spoke asked Mrs. James
pleasantly, and when the young man
admitted that it was he, the woman
struck him several times In the face,
turned to another in the crowd and
struck him. The five young men
fled.
Daniels Fens Close
Biography of Wilson
WASHINGTON, Sept. 9.—President
Wilson’s life histofy. from infancy *o
the presidency, is to be the theme «»f
a book which Secretary Daniels is
now writing in the time he is not di
recting the navy.
The manuscript is nearly completed
and will be an intimate biography cf
the President.
Artillery Private Is
Made a Lieutenant
From private to first lieutenant of
the Third Company. Coast Artillery
Corps of the Savannah Volunteer
Guard, is the record established by
John Young Dyer, of Savannah. An
nouncement of Dyer’s promotion was
given out at State Military Headquar
ters Monday. ,
Lieutenant Dyer succeeds Robert F.
Riley, who becomes captain of the
Third Company.
Do Turkey Trot and
Live Long, Says Sousa
PITTSBURG, PA.. Sept. 9.—John
Philip Sousa, whose band opened an
engagement at the exposition here to
day, declared his belief that the tur
key trot was conducive to longevity.
He admitted that he did not himself
Indulge in any kind of a dance.
IS HE DEAD?
LOUISVILLE, KY., Sept. 9.—Sur
geon Gibson, a young school-teacher,
climbed to the ton of a high cliff near
his home, drank carbolic acid, cut hi*
throat with a razor and then threw
himself over the cliff.
MERCER AT WARDENS’ MEET.
Jesse Mercer left Atlanta Tuesday
morning for Boston, where he will
attend th<* national convention of
Fish and Game Commissioners.
Corn Crop Billion
Bushels Below 1912
WASHINGTON, Sept. 9—The Crop
Reporting Board, Department of Ag
riculture, to-day estimated the con
dition of crops on September 1 as
follows for the United States:
1913. 1912. Acre*.
Corn 65.1 82.1 106,884,000
Winter wheat 30,890,000
Spring wheat. 75.3 90.8 18,663,000
Oats 75.0 92.3 38.341.000
Rye 2,134,000
The yields Indicated by the condi
tion of crops on September 1, 1913,
and final yields In 1912 in millions of
bushels follow: ,
1913. 1912 final.
Corn 2,351 3,125
Winter wheat .
Spring wheat .
All wheat ...
Oats
Barley
Rye
511
243
754
1,066
168
36
400
330
730
1,418
224
36
Quality of the hap crop is 91.7,
against 92.1 last year, and a ten-year
average of 91.7.
POLICE
E
Continued from Pag©
to Atlanta two years ago,” she said.
“It was my custom to take the chil
dren—I have two—into the park each
day, and they soon became acquainted
with the captain. After a short time
they began to hail him whenever they
saw him, and in this way I also be
gan speaking to him.
Husband Present Sometimes.
"At times my husband was with
me, and we would all exchange a
few words. He took us through the
zoo and showed us the common
courtesies which one would expect
from a police officer.
“Our acquaintance, however, never
became intimate in any sense of the
word. I don't remember ever talk
ing with him for a period of more
than two or three minutes, and our
conversation was only on convention
al topics.
“I had frequently seen Captain Nor
man speak to other women in the
park, sometimes to groups of them. I
never saw him address one in an im
proper way, though, and never had
cause to be offended by him.
"These charges, in my opinion, were
trumped by a lot of park loafers
whom ‘Captain Norman has driven
from the grounds time and again.
That is the only manner in which
they could have originated, that I
know of. My husband thinks the
same as I do.”
Wife Believes in Captain.
Mrs. Norman asserted her confi
dence in her husband and prophesied
that an investigation of the accusa
tions would prove them unfounded
and a tissue of falsehoods. Mist* Eva
Norman, the daughter, declared that
her father would not be guilty of such
conduct.
S. A. Green and J. Louis Whitley,
policemen, and three citizens are said
to nave witnessed the alleged actions
of Norman. They will appear at the
meeting of the Board of Police Com
missioners Tuesday night to testify
against the captain.
Mayor and Mason
For the Spooners.
Mayor James G. Woodward and
Carlos H. Mason, chairman of the
Police Commission, long time politi
cal enemies, have joined hands on a
police policy opposed to arresting
spooners. Both intimated Tuesday
that the matter would be brought up
at the meeting of the Police Com
mission Tuesday night.
“Where can one spoon in Atlanta?”
asked Mayor Woodward. “When a
couple was arrested on the Capitol
steps park officials invited them to go
to the parks and Recorder Broyles
advised an exclusive use of parlors
for such pleasures.
“A policeman got shot for spying
on a couple in a parlor and Monday
night there was an arrest for spoon
ing in Grant Park.”
Chairman Mason went no further
than to say he disapproved of ar
resting spooners.
COTTi IT OIITStTi;:
Advance—Heavy Rains Bring
General Liquidation Later,
c
V
a
£
O)
i
0
w
V
0
ii
O
-*•
.j
-Jc/>
6
0.0
Delegates Named for
Farmers’ Conference
J. D. Price, State Commissioner of
Agriculture, will head the Georgia
delegation to the Conference of
Farmers under the auspices of the
National Conservation Exposition in
Knoxville, from September 12 to 16.
The following delegates were ap
pointed by Governor Slaton Tues
day morning:
J. D. Price, Atlanta; C. S. Barrett,
Union City; John T. Williams, Gray;
J. W. L. Brown, Cartesville; J. J-
Brown, Bowman; J. J. Connor, Car-
tersvllle; T. G. Hudson, Americus;
J. B. Clements, Ocilla; Martin V.
Calvin, Decatur; A. M. Soule, Ath
ens, fi. J. L. DeLoach, Experiment;
R. D. Callaway, Washington; W. C.
Powell, Lincolnton; M. I. Branch,
Berzelia; R. C. Neely. Waynesboro;
J. S. Lowery, Dawson; M. G. Par
ker, Poplar; I. A. Bush, Camilla; H.
A. Williams. Gibson; J. B. Gamble,
Louisville; Wiley Williams, East
man; T. H. Hooks, Dudley; J. T.
Newton, Madison J. M Warren, Ab
beville; J. J. Flynt, Griffin; 1. A.
Smith, Tennille.
NEW YORK, Sept. 9.—An extraordi
nary advance in cables from Liverpool
to-day caused considerable of a flurry
at the opening of the local cotton mar
ket and first prices were at a net ad
vance of 17 to 21 points from last night s
close. All positions crossed t lie lu
cent level. Private advices attributed
the strength In Liverpool to renewed
continental and American buying.
Spots in Liverpool wits up 31 points.
After (he call the list was active and
there was considerable protit taking.
Mitchell started the decline by flooding
the market with selling orders, which
were estimated at 40,000 bales, most of
which was said to be for Craig and of
December contracts. This resulted in a
general liquidation movement and the
South came in a seller. Some of the
leading hulls closely identified with spot
Interests were of the opinion that the
market was in a position to react some
20 to 25 points, and they advised the
purchase of cotton on all reactions.
This selling was based mainly on re
ports of heavy rains in the Southwest
and Arkansas and other points through
out the cotton belt, where rains are
needed This, of course, hud a depress
ing effect and a decline of 7 to 15 points
from the initial range followed.
The uptown crowd and commission
houses were credited with being the
leading buyers, but as the session ad
vanced prices began to show further
depression, based on the fear of the
heavy movement, which is generally
looked for In the next tew weeks, espe
cially in view' of the present high
prices. This in addition to the disposi
tion on the part of the average trader
to sell the market is promoting hesi
tancy on the part of many bull leaders,
and they are now advising caution, but
in some quarters they aie predicting ul
timately higher values.
During the afternoon session scattered
buying by many good people caused a
few points' r^lly from the low point,
based on the Government weather re
port, which was less favorable than ex
pected. showing drouth still continues
in localities of Texas and Oklahoma and
storm damage In the Carolinas. The re
port, however, does not include the gen
eral rainfall In Oklahoma overnight.
At the close the market was steady
with prices irregular, being 1 off to 3
points higher than the closing quota
tions of Monday.
Following are 11 a. m. bids in New
York: October, 13.28; December, 12 22;
January, 13.14; March, 13.22
Following are 10 a. m bids in New
Orleans: October. 13.16; December,
13.26; January, 13.30; March, 13.40.
Estimated cotton receipts:
Wednesday. 1912.
New Orleans ... 1,000 to 1.200 476
Galveston 16,000 to 17,500 15,549
RANGE IN NEW YORK FUTURES
The New Orleans *Times-Pemocrat
says: “Cotton market fluctuations now
* illow close on the heels of news from
Washington. When the Clarke tax bill
| seems certain of passage, cotton values
| decline. When there is hope of defeat-
, I ing It, cotton values advance. And noth-
Exceptionally High Cables Cause ilnK eiB ? 1, V’'"l ne £ s ,. 1 ' l,e at < h «
r j o moment. Last Friday both New Or
leans and New York In the net result
lost about 35 point* on tl e announoemen
that the Senate caucus committee had
for the second time approved Senator
Clarke’s uncommercial measure.
“Saturday there was a lull, the fore
cast regarding legislation being some
what mixed. Monday splendid rains
over the greater part of Arkansas and
Texas and some rains In Oklahoma
were reported and the market could
have declined in anticipation of an im
proved crop outlook in the west had it
not been for the Senate’s action in
deferring the date at which It Is pro
posed for the Clarke tax to become ef
fective until after the marketing of the
1913-14 crop. As a direct result of the
freeing of the current crop from the
handicap of the tax contracts promptly
regained the number of points lost on
Friday last. Later In the session when
a Washington telegram reported Con
gressman Underwood opposed to Senator
Clarke’s measure and predicting Its de
feat or radical amendment by the con
ference committee, further support came
to th*> market and the net advance on
the nay’s trading amounted to % cent a
pound.”
New Orleans. Sept. 9—Heyward & j
Clark. The weather map shows mostly
fair over the Atlantic, cloudy over rest
of the belt. Fine general tains In West
ern and Central States Drouth and
heat spell effectively broken, except in
limited localities Little precipitation
occurred over night. East of Louisiana
weather very favorable, and indications
are for further rains in the Western
^States Arkansas. Louisiana and west
ern Mississippi Partly cloudy to fair
in Alabama and Atlantic States.
• • *
Rainfall: Greenwood, Miss., 1.40; Hol
ly Springs, 1.20; Livingston, A’a., 1.30;
Ratesville. Ark., 1.20; Bartlettavllle,
Okla . 2.30: Reaver, Okla., 1 inch;
Chandler, Okla., 1.20; Holdenvllle, 1.90;
McAlester. 2 Inches: Alice, .20; Auton,
.04; Beeville. .64; Brownsville, .03; Ama
rillo, .44; Dallas, .02; Galveston. .24;
Haskell, 42; Henrietta. .22; Houston,
.52; Lampassas, .02; Nacogdochez, .10;
San Antonio, 2.46; Temple. .14
WEEKLY WEATHER REPORT
SHORT OF EXPECTATIONS
S’t. (13.38113.38113.28! 13^8!!3.08-10! 13.07-09
O’t 113.30! 16.32; 13.05 13.11 13.10-11 13.07-10
N’v (13.31 13.31 13.30 13.30(13.02-04 13.01-03
D’c 13.27113.27112.98,13.08113.07-08 (1306
J’n 13.1613.17112.99112.97;12.97-98 13.97-98 , r . -
F’b I .... .... .... 18.16 12 99-18 12.98-18 •’ ,nch *"
M h (13.24 13.18 12.96(13.08 13.06-08 13.07-08 ! was 4.90
M’y (13.27(13.29113.05 13.13 13.13-14 13.10-13 ! N -
J’e 13.31 13.31 13 31 13.31 13.14-15 13110-18 I Raleigh,
J’y (13.33113.33113.13(13.13; 13.15-17118.12-14 Texas.
WASHINGTON. Sept 9 —Mean tem
peratures were above normal, except at
a few coast stations where normal pre
vailed. The greatest excess was 9 to
11 degrees over the northwestern por
tion of Arkansas and Northern Okla
homa. Weekly mean temperatures
range! from 70 to 80 degrees over the
Eastern States, from 78 to 82 over the |
Central and from 82 to 86 degrees over i
the western portion of the cotton re
gion. The lowest mean temperature of
60 degrees occurred at Asheville. N. C.,
and the highest, 86 degrees, at Fort
Smith Ark.
Precipitation occurred throughout the
cotton region, except that there was
none in parts of Oklahoma, and there
were considerable areas in the western
portion of Eastern Texas with no rain.
The amounts were very unevenly dis
tributed. being light in many places and
heavy In a few scattered localities. The
precipitation exceeded two Inches at
some stations in all States In the cotton
region, except Tennessee, Missouri and
New Currency Bill Terms Cause
Cause Late Buying—Street Is
Watching Cal. Petroleum.
By CHARLES W. STORM.
NEW YORK, Sept. 9.—Conditions in
the copper metal market reacted with a
bearish influence on the stocks of this
group at the opening of the stock mar
ket L7-day. In fact, nearly ull stocks
were lower. Chino Copper began 1%
lower, while Amalgamated was off %.
American Smelting lost fractionally.
Among the other losses were United
StateH Steel common %, Union Pacific
%, Southern Pacific %, Reading %,
Northern Pacific %, New York Central
1, Lehigh Valley : v 4 , St. Paul V*. Ches
apeake and Ohio %, California Petro
leum >4, Mexican Petroleum %.
Canadian Pacific made a fractional
upturn. Much of the heaviness was
caused by Wall street reports that the
Government crop figures would be bear
ish.
The curb market was steady.
Dealings in American stocks in Lon
don were professional. Canadian Pacific
in London was up.
Fluctuations in all of the leading Issues
throughout the forenoon were extremely
heavy. After the announcement of a
dividend in New York Central there was
a show of strength and the initial loss
of a point was recovered. Mexican Pe
troleum was prominent, advancing as
high as 4Vi to 70%. California Petro
leum was strong, gaining 2 Ms points.
The railroad issues were weak. Erie
declined 1 point. Union Pacific was off
b k ; Southern Pacific and Copper were
down %. Toward the closing of the
forenoon the tone was weak. Call
money loaned at 3 per cent.
Most, stocks w'ere higher in the last
hour and the tone was firm. The
terms of the new currency bill, which
was reported in the House of Repre-
sentalves, seemed favorable to Wall
street Much interest was attached to
California Petroleum, which sold around
26%. This was a loss of more than a
point from the noon prices, but was a
net gain of Vi on the dav Steel rallied
and sold around 63 and Canadian Pacific
gained a whole point over the midday
price. Am&lgamt&ed Copper, Union Pa
cific, Southern Pacific, Reading, St. Paul
and Smelting were up.
The market closed steady.
Government bonds unchanged. Other
NEW YORK STOCK MARKET.
CEREALS AWAIT *)
CENSUS REPORT
Trading Was Extremely Dull En
tire Day, With Narrow Range.
Sentiment Greatly Mixed,
ST. LOUIS CASH QUOTATIONS.
92bi
Wheat—No. 2 red
Corn—No. 2
Oats—No. 2
96
76%
43% @44
CHICAGO, Sept. 9.—Good rains fell
over part of the com belt that has been
suffering from drouth, especially In Kan
sas and Oklahoma. This precipitation
was reflected In a decline of % to Vic
In corn at the opening this morning.
Wheat declined with corn, and on the
breaking of the drouth showed a loss of
V4 to %. The Government report, which
will be Issued after the close to-day,
served to keep the market within com
paratively narrow limits.
Provisions were irregular, but aver
aged slightly higher with hogs, which
were up oc, due to light receipts.
Grain quotations:
High.
WHEAT—
Sept 88 Vi
I Dec 91%
May 96%
I CORN—
i Sept 77
Dec 74
■ May 75%
OATS—
i Sept.. ..
! Dec
j May....
PORK—
Sept.... 22.25
Jan.... 20.42%
May.... 20.55
LARD—
Sept.... 11.40
Oct.... 11.47%
Jan 11.20
RIBS—
Oct 11.27%
Jan 11.72%
May.... 10.67%
Previous
Close. Close.
43%
45%
48%
87%
91%
96%
75%
73%
74%
42%
45%
48%
21.90
20.22%
20.32%
11.35
11.36
1107%
1117%
11.60
10.75
87%
91%
96 V*
76%
73%
75%
42%
45%
4S%
21.90
20.35
20.42%
11.37%
11.40
1112%
11.20
11.67%
10.80
68%
91%
96%
76%
73%
75
43%
20.37%
20.42%
11.47%
11.42%
11.17%
11.25
11.70
10.85
6-07 I Oklahoma
7.98 ! The greatest weekly precipitation was
at Pensacola. Fla., and there
at Selma. Ala.; 4.80 at New-
C., and Malvern Ark : 4.00 at
N. C., and 4.54 at Houston,
Closed steady
LIVERPOOL COTTON MARKET.
LIVERPOOL, Sept. 9. Due 5 to 7
points higher, this market opened firm
at a net advance of 8% to 10 points. At
12:15 p. m. the market was steady, 17
to 18 points higher.
Fair business doing in spot cotton at
9 points advance; middling 6.60d; sales
In Texas there was little or no pre
cipitation in several counties In the
Northern. Central and Southwestern
portions of the State, and rain is badly
needed In tho^e sections. There has not
been sufficient rain ’n Oklahoma to re
lieve the drouth. More rain Is needed
In Tennessee and in parts of Mississippi
and Northern Louisiana.
Heavy damage resulted on the coast
and the east central counties of North
?£?.., “£!?•! Carolina from storm of September 3,
Imports 1,000 bales, of which none were
American.
At the close the market was barely
steady with prices at a net advance of
14% to 15% i points from the closing
quotations of IVIonday.
Cotton quotations:
Opening
Sept. . . .
Sept.-Oct.
Oct.-Nov.
Nov.-Dec
Dec.-Jan.
Jan.-Feb.
Feb.-Mch.
Mch.-Apr.
A pr.-May
May-June
June-July
July-Aug
Range.
..7.22
. 7.09
7.04
. 6.98
6.97
6.97
. 6.99
. 6.95%
6.991/2
. 6.99%
6.98
6.95
2 P.M.
7.39
7.17
7.12
7.07
7 05%
7.05%
7.07%
7.07
7.09
7.10%
7.05 V*
9.05%
Closed barely steady.
Close.
7.26
7.14%
7.09%
7.03
7.03
7.03
7."3%
7.04%
7.04%
7.04%
7.02
7.00
Prev.
Close.
7.11%
6.99
6.94%
6 88
6.88
6.88%
6.89
6.90
6.90
6.90
6.87%
6.85
HAYWARD A CLARK’S
DAILY COTTON
LETTER
NEW ORLEANS. Sept. 9.—Liverpool
became excited over the enormous ad
vance in our markets yesterday, and
futures there showed a gain of much
as 19 English points. It is thought that
some large hedge buying on the Oar of
the vehemence of American speculation
caused the excited bull market on the
other side. Our market gained about 8
points in the early trailing, but met with
heavy selling by the strongest houses,
who were apparently trying to curb the
reckless spirit which took possession
of a certain outside element and to reg
ulate the market.
Weather conditions overnight were
again very favorable, with a further
general rainfall in the western States
and Arkansas, where the drouth and
heat spell Is now completely broken, ex
cept in localities in North and Central
Texas. Partly cloudy to fair weather
prevailed In the States east of I»uia-
Tana, which after the recent copious
rainfall is most desired.
Indications are for further rain in the
western States, particularly in West and
South Texas. Showery weather will
continue in the central StateH, while the
eastern States should get little precipi
tation, but cooler weather.
The argument that the rains in the
west have come too late to do good
is denied by statements from compe
tent authorities in Texas The market
reacted to last night's closing prices,
but another wave of buying came on
New York after the close of Liverpool,
and drove prices here up to 13.29 for
December, which spurt was again fol
lowed by easiness. Trading is quieter
to-day and more confidence in a needed
reaction; also because of apprehension
over political developments in Washing
ton to-night.
NEW ORLEANS COTTON.
which moved westward over that State.
is
</>| O 0.0
S’t 13 38(18738 IS 28 13 28 13.08-10118707^09
O’t 13 30 13.32 13.05 13.11 13 10-11 13.07-10
N’v 13.31 13.31 13.30 13.30 13.02-04 1301-03
D’c 13.27 13.27 12.98113.08 13.07-08:13.06-07
J’n I13.16J 13.17(12.99 12.97 12.97-98 13.97-98
F’b ...! 13.16:12.99-13 12.98-13
Mr 13.24 13.18)12.96:13.08113.06-08(13.07-08
M'y 13.27 13 29 13.05 13.13 15.13-14 13.10-13
J’e ll 3.3113.31'13.31 13 31 13.14-1513.10-13
J’y 13 33 13 33 13.13 13.13 13.16-17(13.12-14
Closed steady.
NEW YORK COFFEE MARKET.
Coffee quotations:..
Opening. | Closing
81 #8783”
8.70
January. . .
February 8.91 #8.93
March 8 96 9.00# 9.02
April ! 9.00@9.10 9.06# 9.08
May ; 9.09 9.14# 9.15
June 9.10 J 9.21 #9.22
July ] 9.19 f 9.28# 9.29
August j 9.20#9.25 9.28# 9.30
September. . . . 8 40 ! 8.50#8 52
October 8 45 I 8.52# 8.54
November 8.60 8 62# 8.64
December 8.70 8.74#8.75
j Closed steady. Sales, 117,500 bags.
THE WEATHER.
WASHINGTON, Sept. 9.—With the ex
ception of showers along the South At
lantic coast and In the East Gulf States,
the wenther will be fair to-night and
Wednesday over the eastern half of the
country. It will be somewhat warmer
to-night and Wednesday In the upper
Lake and western lower I.ake regions
and warmer Wednesday in the Ohio Val
ley. the eastern lower I^nke region and
the interior of New England and the
middle Atlantic States.
Light frost is probable to-night in
the north portion of Eastern New York
and the interior of Northern New Eng
land.
Wea t her Forecast.
Forecast until 7 p. m. Wednesday:
Georgia - Fair, except showers near
the coast t’o-nlght or Wednesday.
Virginia—Fair, continued cool to
night; Wednesday fair and slightly
warmer In north and west portions.
North Carolina—Generally f'tlr In
west, local showers in east portion to
night or Wednesday.
South Carolina — Fair, except she*, ers
near the coast to-n.„ or Wednesday.
Florida, Alabama and Mississippi—Lo
cal showers to-night or Wednesday.
Tennessee- I nsettled to-night and
Wednesday; warmer Wednesday In
west portion.
Ixmisiana and Test Texas—Fair in
north, showers in south portion to-night
or Wednesday.
West Taxes— Fair to-night and Wed
nesday.
PORT RECEIPTS.
The following table shows receipts at
the ports to-day compared with the
aame day last year:
1
1913. |
1912.
New Orleans. .
1.098
467
Galveston. . .
31,341
37,082
Mobile. . . .
626
855
Savannah. . .
10.513
5,845
Charleston. .
688
068
Wilmington. .
870
963
Norfplk. . . .
210
642
Various.
346
2,255
Total. . . .
46,092
50.577
INTERIOR
MOVEMENT.
I
1913. 1
1912.
Houston. . .
19,226
24.921
Augusta. . . .
2.337
1,371
Memphis. . .
239
64
St Louis. . .
3W
35
Cincinnati. .
. .
a
203
Little Rock . .
20
Total. . . .
22,219
26.574
SPOT COTTON MARKET.
(New Crop.)
Atlanta, nominal; middling 12%.
Athens, steady; middling 12%.
Macon, steady; middling 12c.
New Orleans, steady; middling 12%.
New York, quiet; midllng 13.25.
Philadelphia quiet: middling 13.50.
Boston, quiet; middling 13.25.
Liverpool, firm; middling 7.31d.
Savannah, firm; middling 12%.
Augusta, steady; middling 12%.
Charleston, steady; middling 12%.
Norfolk, steady; middling 12%
Galveston, firm; middling 12%.
Mobile, steady; middling 12%.
Wilmington, quiet; middling 12%
Little Rock, steady; middling 12%.
Baltimore, nominal; middling 13%.
S' Louis, steady; middling 12%.
Memphis, steady; middling 12%.
Houston, steady; middling 12%.
Louisville, firm; middling 12%.
Charlotte, steady, middling 12o.
Greenville, steady; middling 12o.
Stock quotations:
Clos. Prev.
STOCK— High. Low Bid. Close.
Amal. Copper. 77% 77 78 77%
Am. Agricul 42%
Am. Beet Sug. 27% 27 27% 28
American Can 33% 33% 33% 33%
do, pref. 95 95 95% 95
Am. CarFdy.. 47% 47% 47% 47%
Am. Cot. Oil... 43 43 43 43
American Ice. 23% 23% 23 23%
Am. Locomo.. 35% 35% 35% 35%
Am. Smelting 68% 67% 68% 68
Am. Sug. Ref. 109% 109% 109% 109%
Am. T.-T. .. 131 131% 131% 130%
Am. Woolen 18 18
Anaconda .... 38% 38% 38% 38%
Atchison 94 93% 94% 93
A. C. L. 120 120
B. and O. .... 96% 96% 96% 96%
Beth. Steel 35% 34%
xB. R. T. ... 88% 88% 88% 829%
Can. Pacific... 220% 1119% 220% 20%
Cen. Leather.. 22% 22% 23 22%
C. and 0 57% 57% 58 67%
Colo. F. and 1 31 31%
Colo. Southern 29 29
Consol. Gas.. 132 132 132 131
Corn Products 11% 11% 11% 11%
D. and H 158 157
Den. and R. G 19 19
Distil. Secur.. 12% 12% 12% 12%
Erie 28% 28V* 28% 28%
do, pref 45 45%
Gen. Electric.. 144% 144% 144 144
G. North, pfd. 126% 126% 126% 126%
G. North. Ore. 34% 34 .... 33%
G. Western... 13% 13% 13 13%
111. Central.. 108% 108% 108 109%
interboro .... 16 16% 15% 15%
do, pref. .. 62% 61% . 61% 62
Int. Harv. (old) 107 107
Iowa Central 7 7
K. C. S 25 z5 2o 25%
M. , K. and T. 22 22 25% 21%
do. pfd.. . . 56% 56
L. Valley. . . 153 152% 163 163
L. and N. . . 135% 135% 135% 13o%
Mo Pacific. 29% 29% 29 % 29%
N. Y. Central. 95% 94% 96% 95%
Northwest 127% 127%
Nat. Lead 46 47%
N. and W. . . 105 104% 10*% 104%
No. Pacific. . 111% 111% i'll % 111
(>. and W 28%
Penna 112% 112 112 112
Pacific Mail 20 Vi 20%
P. Gas Co. . . 124% 123% 124 122
P. Steel Car . 28% 28% 28 28 V*
Reading ... 160 159% 160 V* 159%
K. I. and Steel 23% 23% 23% 24
do. pfd 87% 87
Rock Island . 17 16% 17 16%
do. pfd.. . . 26% 26% 25% 26%
S.-Sheffield 29% 29%
So. Pacific. . 90% 90 90% 90%
So. Railway . 24% 24 24 % 24
do pfd.. . . 79% 79% 79% 79
St. Paul . . . 105% 105 106% 105%
Tenn. Copper. 34% 34% 34% 34%
Texas Pacific 14% 14%
Third Avenue 37% 37 „
Union Puclfic 151 149% 150% 160%
U. S. Rubber 60% 60 %
U. S. Steel . . 63% 62% 63% 62%
do. pfd.. . . 108% 108% 108% 108%
xx U Copper. 56% 65% 66% 56%
V. -CJ. Chem 27% 27%
Wabash 4% 4‘n
do. pfd 11% 11%
W. Union 67% 67%
W. Maryland 39% 40
W. Electric .71% 71% 71% 71%
W. Central 44% 44%
Total sales, 167,000 shares.
xEx-dividend, 1% per cent.
xxEx-dividend, % of 1 per cent.
CHICAGO CASH QUOTATIONS.
CHICAGO, Sept. 9.—Wheat—No. 2 red,
93%# 94%; No. 3 red, 92@93; No. 2 hard
winter, 89%#>90; No. 3 hard winter. 88<d)
89%; No. 1 Northern spring, 92% @93;
No. 2 Northern spring, 91%@93; No. 3
spring, 89@95.
Corn—No. 2, 76%G78; No. 2 white, 77
# 78; No. 2 yellow, 77# 78; No. 3. 76%@
78; No. 3 white, 76%@78; No. 3 white,
76%#78; No. 3 yellow, 76%@78; No. 4,
76# 76%; No. 4 white, 76%@77; No 4
yellow, 76@77.
Oats—No. 2, 42%#43; No. 2 white,
44%#44%; No. 3, 42%; No. 3 white, 43
#44; No. 4 white, 42%@43; standard, 44
@44 %.
CHICAGO CAR LOTS.
Following are receipts for Tuesday
and estimated receipts for Wednesday:
I Wheat 302 205
■ <?orn 661 796
i Oats 330 306
14,000 27,000
LIVERPOOL GRAIN MARKET.
LIVERPOOL. Sept. 8—Wheat opened
! %d to %d higher. At 1:30 p. m. the
i market was %d to %d higher. Closed
( unchanged to %d higher,
j Corn opened %d higher. At 1:30 p. m.
the market was %d higher. Closed %d
to %d higher.
PRIMARY MOVEMENT.
WHEAT—
Receipts .. .
Shipments ..
CORN—
Receipts .. .,
Shipments
1913.
..1,946.000
. .1,100,000
1,102,000
. 667,000
1912.
1.942,000
821,000
1.215.000
850,000
LIVE STOCK MARKET.
CHICAGO, Sept. 9.—Hogs—Receipts
14.000. Market 6c to 10c higher Mixed
and butchers, $7.85@9.50: good heavy,
$8 30# 9.05; rough heavy, $7.70#8.25;
light. $8 60#9.50; pigs, $5.15@9.20; bulk,
$8.20# 8.86.
Cattle—Receipts 6,000. Market 10c
lower. Beeves. $7# 9 10; cows and heif
ers. $3 25# 8.30; Stockers and feeders,
$6.75@7.85; Texans, $6.50#8.00; calves,
$10.00# 11.75.
Sheep—Receipts 50.000. Market 10c
lower. Native and Western, $3.00#4.60;
lambs, $5.50# 7.CO.
COTTON SEED OIL.
Opening. Closing
Spot ( 18.15# 8.30
‘ September (8 10#8.17 8.11#8.12
October .17.66# 7.6!*:7.65#'7.67
November 17.10# 7.127.10# 7.11
December \lMCa 7.09 7.06# 7.08
January T.CiVrfT.OTT.OO# 7.08
February (7.10# 7.13 7.10^7 12
March '7.20@7.2117.19@7.21
■ April 749#: 26 7 Mi: 2s
| Closed Xteody; sales. 12,900 barrels.
11 $2.00 TO CHATTANOO
GA AND RETURN
W and A. Railroad will sell
round trip tickets from Atlanta to
Chattanooga and return for train
leaving Atlanta at 8:35 a. m.
Thursday, September 11, 1913,
good returning not later than
train arriving Atlanta 7:35 p. m.
Saturday, September 13, 1913.
C. E. HARMAN,
General Passenger Agent.
MONEY AND EXCHANGE.
NEW YORK. Sept. 9. —Money on call
2 to 3; time loans unchanged: 60 days,
3%; 90 days. 4. six months, 5 per cent.
?*osted rates: Sterling exchange, 4.83
@4.86%, with actual business in bank
ers' bills at 4.8670 for demand and 4 8240
for ' " day bilsl.
Prime mercantile paper unchanged.
MINING STOCKS.
BOSTON. Sept. 9— Opening: Butte
Superior, 35%; North Butte, 28%; Grun-
by, 75: Nlpissing. 9; American Woolen
preferred, 79%; New Haven, 90%.
BIRMINGHAM, ALA.
$2.50 ROUND TRIP.
Special train will leave
Terminal Station 8 a. m.,
Thursday, September 11.
Return any time until Sat
urday midnight.
SOUTHERN RAILWAY.
BIRMINGHAM AND RE
TURN.
SEABOARD, round trip
$2.50. Leaves Old Depot
8:30 a. m., September 22.
Arrives Birmingham 1:30
p. m.
BAR SILVER.
LONDON. Sept 9.—Bar sliver quiet
at 27 9-16d
NEW YORK, Sept. 9.—Commercial
bar silver, 59%; Mexican dollars, 46c.
LOWRY NATIONAL BANK
Capital $1,000,000
Surplus $1,000,000 ,
^oyitie’o nnnertfTFn!
Rnvn©
*