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TTTU ATT. ANT A GEORGIAN ANT) NEWS.
15
Bumper Crops and High Prices
Arouse Business Optimism.
Atlanta Bankers Elated.
Bumper crops and high prices have
arouse*! 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 se^m 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
jbound 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 trop
should nei 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.
<f 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 year s richest crop ter
ritory,” said W. S. Lounsbury, 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 A
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.”
“My observations of conditions
convinces me that we already have
begun to feel the good effects on
business of the splendid crop pro
ductions throughout this territory,”
said W J. Blalock, president of tho
Fulton National Bank.
“The borrower and the lender will
mak% friends this year,” said W. D.
Manley, of the Bankers’ Trust Com
pany.
“I believe Georgia Is in a better
condition financially, from the stand
point of agricultural production, than
any of the States,” said Charles E.
Currier, president of the Atlanta Na
tional Bank.
$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 $940,000,000. 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 bales 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 Cl IS
WHILE ALIVE
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 :io
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 rlaced under ar
rest to-day as a material witness.
Sternemann had a violent fear that
some harm would come to his daugn-
ter and often locked her up.
era STARS IN
FIVE STATES IN
‘Circularized” as “Stellar At
traction” in Chautauqua Belt
With Yodlers and Jugglers.
WASHINGTON, Sept. 9. — Bar-
num’.ct 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 wilt tour five
States under this title in a quick
succession of one-day—or night—
stands.
Washington awdke 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 $250( the association
the next $250, and so on.
The 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 tho
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 his
course, Mr. 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. 1 speak only on the educa
tional question. This Is the unique
object of the conferertoes. which are
not held for lucrative purposes.”
Wealthy Covington
Planter Dies Here
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.
12 Held for Trial for
Death in Prize Ping
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]
prize fighting. The Supreme Court
will hear the case.
Such was the ruling of Judge Sum-
merfield at the conclusion of the pre
liminary hearing on manslaughter
charges.
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 tlie
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-
tersv/ille; T. G. Hudson, Americus;
J. B. Clements, Ocilla; Martin V.
Calvin, Decatur; A. M. Soule, Ath
ens; R. J. L. DeLoach, Experiment;
R. D. Callaway, Washington; \V. C.
Powell, Lincolnton; M. 1 Branch,
Berzelln. 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; I. A.
Smith, Tennille.
POLICE CAPTAIN
Continued from Page 1.
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. W. 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 9ent to Covington at 5 o’clock on
Tuesday afternoon, accompanied by a
detail of local Shriners.
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.
OBITUARY.
The funeral of Jay S. Herren, who
died Monday morning, was held
Tuesday morning from the resi
dence, No. 802 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 Westvtew.
Mrs. Elizabeth Brooks Johnson, sev
enty-two years old, No. 55f> South
Pryor street, died early Tuesday
morning. She is survived by two
daughters, Mrs. Mamie Dorman, of
Manchester, Ga., and Mrs. Jess,a
Rosser, of Atlanta, and one sister,
Miss Cornelia Darby, also of At
lanta. Funeral services will be held
at 10 o’clock Wednesday morning
at the residence. Interment at
Westvtew.
Funeral services for Miss Carrie F.
Bankston, thirty-one years old, who
died Monday at her home on Pey
ton road, were held at the residence
Tuesday morning. She is survived
by her father and mother, Mr. and
Mrs. B. E. Bankston. Interment at
Hollywood.
The body of Mrs. Kate Hardie Butt,
who died here Sunday, was sent
Monday night to Orlando, Fla., for
interment.
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 he
dead. The ambulance was called, but
It took the combined efforts of the
boarders, attendants and police to get
him to the hospital.
After an examination and waiting
for signs that the drug was taking
effect.4i.nd none appearing, he was re
leased. Why he told the story has
not been divulged.
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 Pens Close
Biography of Wilson
WASHINGTON, Sept. 9.—President
Wilson’s life history, from infancy *o
the presidency, is to be the theme of
a book which Secretary Daniels i-s
now writing in the time he is not di
recting the navy.
The manuscript is nearly completed
and will be an intimate biography of
the President.
English Girl Travels
To Memphis to Wed
MEMPHIS, TENN., Sept, 9.—Misa
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
redding.
Mayson Puts 0. K.
On Dictograph Bill
A mandamus to force Mayor Wood
ward to sign t*he check to pay the
cost of the dictograph which en
trapped him and Colonel Thomas B.
Felder was threatened Tuesday when
Police Chief J. L. Beavers secured
a ruling from City Attorney James
L. Mayson, who ruled that the bill
was legal.
Mayor 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 hours
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.
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 DyVr’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 top of a high cliff near
his home, drank carbolic acid, cut his
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 the national convention of
Fish and Game Commissioners.
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 4n the
park, sometimes to groups of them. 1
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. Miss 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 have 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.
COTTON AT 00ISET
Exceptionally High Cables Cause
Advance—Heavy Rains Bring
General Liquidation Later.
NEW YORK, Sept. 9. An extraordi
nary advance in rabies from Liverpool
to-day caused considerable of a flurry
at the opening of the local cotton mar
ket and flrat prices were at a net ad
vance of 17 to 21 points from last night’s
(lose. All positions crossed the 13-
cent level. Private advices attributed
the strength In Liverpool to renewed
continental and American buying.
Spots in Liverpool was up 31 points
After the call the list was active and
there was considerable profit taking.
Mitchell started the decline b\ flooding
the market with selling orders, Which
were estimated at 40,000 bales, most of
which was said to be for Graig and of
December contracts. This resulted in a
general liquidation movement i|nd the
South came In a seller. Some of the
leading bulls 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 yelling 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, had a depress
ing effect and a. decline of 7 to 15 points
from the initial raflge 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 ths
heavy movement, which is generally
looked for In the next few 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 are predicting ul
timately higher values.
During the afternoon session scattered
buying by many good people cause* 1 a
few points’ rally 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.
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
NEW YORK COTTON MARKET.
I L j J US0 | Prev.
lOpenIHIgh I LowIP.M I Close.
Sept. . . i I . s..) •*..1 I.... 113707-09
Oct. . . . j 18.38113.32113.10J13.14113.09-10
Mch. . . . ............j ....;13.01-03
Dec. . . . !13.27113.27 13.08:13.13! 13.06-07
Jan. . . . .113.16 18.17 10.98113.03 12.96-98
j Feb . . .. I ..... a. .1 ... .1 ... .12.98-13
! Mch . . . .13.24118.25 13.10 13.10 13.07-08
May .... 13.27|13.29|13.14,13.1713.10-13
June . . . | ... .j ... .1 ... .| ... .1 13.10-13
Julv . . . 13.33 13.33 13.22 13.22 13 12- 14
LIVERPOOL COTTON MARKET.
LIVERPOOL, Sept. 9.—Due 5 to 7
points higher, this market opened Arm
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
29 points advance, middling 6.60d; sales
8,000 bales, including 6,000 American;
imports l,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% points from the closing
quotations of Monday.
Cotton quotations:
Opening
Sept. . . .
Sept.-Oct.
Oct.-Nov,
Nov.-Dee
Dec.-Jan.
Jan.-Feb.
Feb. -Mch.
Mch.-Apr.
Apr.-May
May-June
June-July
July-Aug
Range. 2 P.M.
” 39
. 7.09
. 7.04
. 6.98
. 6.97
. 6.97
. 6.99
. 6.95%
. 6.99%
. 6.99%
. 6.98
. 6.95
7.11
7.12
7.07
7.05%
7.05%
7.07%
7.07
7 09
7.10%
7.05%
9 05%
Banker Returns to
Face Theft Charge
FORT WORTH, TEXAS, Sept. 9.—
M. L. Woods, vice president of the
State National Bank here, charged
with the embezzlement of $130,000 of
the bank's funds, returned voluntarily
from California to-day to face the
charges and surrender to the authori
ties.
Woods for twenty years was the
leading churchman here.
Closed barely steady..
Close.
7.26
7.14%
7.09%
7.03
7.03
7.03
7.03%
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 &. CLARK’S
DAILY COTTON LETTER
CHICAGO CASH QUOTATIONS.
CHICAGO. Sept. 9.—Wheat—No. 2 red,
9J%@94%; No. 3 red. 92@93; No. 2 hard
winter, 89% @>90; No. 3 hard winter, $8@>
89%; No. 1 Northern spring, 92**@93;
No. 2 Northern spring, 91% @93. No. 3
spring, 89 @95.
Corn—No. 2, 76*078; No. 2 white. 77
@78; No. 2 yellow, 77®78; No. 3, 76V*@
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.
Data—No. 2, 42%@43; No. 2 white,
44%@44*; No. 3, 42%. No. 3 whit*. 42
@44; No. 4 white. 42%@43; standard, 44
@44%.
ELLEN WINS WILSON CUP.
MARBLEHEAD. MASS., Sept. 9. —
The Ellen won the President Wilson
cup to-day in the final of the inter
national sender cup races. The Cima
was second, capturing the Governor
Foss cup.
NEW ORLEANS, Sept. 9.—Liverpool
became excited over the enormous ad
vance In our markets yesterday, and
futures there showed a gain of as much
as 19 English points. It is thought that
some large hedge buying on the fear of
the vehemence of American speculation
caused the excited bull market on the
other side. Our market gained about 8
points in the early trading, but met with
heavy selling by the strongest houses,
who were apparently trying t° curb the
reckless spirit which took possession
of a certain outside element and to reg
ulate the market.
Weather conditions overnight w'ere
again very favorable, with u 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 w’eather
prevailed in.the States east of Louis
lana, which after the recent copious
rainfall is most desired.
Indications are for further rain in the
western States, particularly in West and
South Texas. Show'ery weather will
continue In the central States, 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 la**t 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
lower! by easiness Trading Is quieter
to-day ami more confidence In a needed
reaction; also because of apprehension
over political developments In Washing
ton to-night.
NEW ORLEANS COTTON MARKET.
NEW YORK, Sept. 9. J. M. Ander
son "Liverpool more than met our ad
vance yesterday on good buying, it was
said by the continent and local short
covering, based on the favorable news
from Washington yesterday as to the
cotton tax umendment.
“The trading in this market was
rather quiet on the call, but broadened
out soon after the call, first on scat
tered liquidation and then on heavy
selling by one broker, which cotton
was attributed to a prominent spot
house. This brought out general sell
ing and the buying was scattered
Wall street, the uptown crowd and
commission houses were credited with
being the leading; buyers. The South
was said to be a seller.
“Some of the bull leaders are advis
ing caution Just now, and are predicting
some 25 points setback, but say it would
be well to take advantage of such de
cline, as they ultlmatelj look for very
much higher prices in face of present
cotton consumption and crop condi
tions. A reaction after 75 points ad
vance in three days might he In order,
but the market Is very erratic Just now,
and it has to say what course it may
pursue.”
* • *
The strength of the market to-dny
was on buying by bulls who were
frightened out of their cotton Friday and
Saturday and covering by shorts who
had sold on the unfavorable Washing
ton news on the same days
* * •
MoFadden »Si Weld were reported to
have furnished a large portion of tho
contracts yesterday, but the former was
credited with being a big buyer in Liver
pool. Willlnston, Springs. McComick.
Raymond, Pell brokers an<j Wall street
brokers generally bought, and all over
13 cents for December there was heavy
uptown buying, probably to cover shorts.
* * •
Washington news and rumors Influ
enced the market more than anything
else, and on the whole the room Is quite
hopeful of favorable action in the con
ference committee.
* * *
The ginning figures yesterday, al
though big, were regarded as bullish, be
cause corroborative of drouthy condi
tions In the Southwest. Rains in that
section are considered too late to be of
much help
* * •
Sentiment is quite friendly to the mar
ket on breaks.
• * •
The sudden advance late yesterday
was based on more favorable news from
Washington, and It was reported that
Mr. Underwood was not In favor with
the "cotton tax rider" of the tariff hill
This, of course, had a stimulating ef
fect and caused some 20 points rally.
• • •
Dallas wires: “Texas generally cloudy.
Pains, Paris. Corsicana. Honham, Hous
ton. Arthur City, Amarillo Generally
cloudy, threatening.”
• • •
Browne. Prakeford & Co., Liverpool
cable: "Market has advanced in conse
quence of heavy buying by continent and
America, and a prominent operator to
cover.”
• • *
The New Orleans Tlmes-Detnocrat
says: "Cotton market fluctuations now
follow 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
ing it. cotton values advance. And noth
ing elsfl influences the market at the
moment. Last Friday both New Or
leans and New York in the ret result
lost ab ut 35 point* on ti e unn. unceinen
that the Semite 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 Senates 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 »>f 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 Fommtttee. further support came
to the market and the net advance on
the day's trading amounted to % cent a
pound.”
* • •
New' Orleans. Sept. 9.- Heyward A
Clark: The w-pather map shows mostly
fair over the Atlantic, cloudy over rest
of the belt Fine general rains in West
ern and Central States Drouth and
heat spell effectively broken, except In
limited localities Little precipitation
occurred over night East of Jjouisiana
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-
Iv Springs. 1.20; Livingston, Ala.. 1.30;
Hatesville. Ark. 1.20; Bunlettsville.
< )kla 2.30; Beaver, Okla., 1 Inch;
(’handler. Okla., 1.20; Holdenvllle. 1 W;
McAlester. 2 Inches; Alice. .20; Auton,
.04; Beevllle. .64. Brownsville. .06; Ama
rillo, 44; Dallas, 02: Galveston, .24;
Haskell. 42 Henrietta. .22; Houston.
.52; l^ampassaH. 02; Nacogdoches, 10;
San Antonio. 2.46; Tempi®. .14
E
IN EARLY SESSION
Passage of Dividend on New York
Central Strengthens Market
After Heavy Fluctuations.
By CHARLES W. STORM.
NEW YORK, Sept. 9 Conditions in
the copper inetal market reacted with a
bearish influence on the stocks of this
group at the opening of the stock mar
ket to-day In fact, nearly all stocks
wpre lower. Chino Copper began 1%
lower, while Amalgamated was off %.
American Smelting lost fractionally
Among the other losses were Un!te#l
States Steel common *. Union Pacific
%, Southern Pacific *, Reading %,
Northern Pacific '*, New York Central
1, Lehigh Valley *, St. Paul *, Ches
apeake and Ohio %. California Petro
leum %. 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.
NEW YORK STOCK MARKET.
CEREALS HIT *
CENSUS REPORT
Trading Was Extremely Dull En
tire Day. With Narrow Range.
Sentiment Greatly Mixed.
CHICAGO, Sept. 9.—Good rains fell
over part of the corn belt that has been
aufferlng from drouth, especially $n Kan
sas and Oklahoma. This precipitation
was reflected in a decline of * to %c
in corn at the opening this morning.
Wheat declined with corn, and on the
breaking of the drouth showed a loes of
* 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 nogs, which
were up 5c, due to light receipts.
Grain quotations:
High. J.#ow.
Sept. .
Oct. . .
Nov. .
Dec. . .
Jan. . .
Feb . .
Mch. . .
May . .
I | | I 1:30 | Prev.
lOpenTTfghl LowlP.M.| Close.
.1 ....I ...A ... .1 . . . .(13.00-05
, 13.16 13.20il3.02T3.03 13.07-08
.! . . . .! ... . ... .| ... .113.10-11
.13.20 13.28 13.09 13 12 13.15-16
. 13.27 13 32fl3.14 13.16 13.20-21
. . 13.17-19
.‘13.36 13.41 H3.30.13.30 13.30-31
. 13.48 13.50 13.42 13 46:13.38-39
MILLER-COTTER COTTON LETTER.
MEMPHIS. Sept 9— Exceptional
strength at Liverpool was responsible
for big opening advance, since which
the market has been steady, but has
failed to maintain the best levels.
Selling for some big Interest has been
continuous. Above 13c the market has
to absorb considerable cotton, and with
more or less general and heavy rains
In the western belt there may be some
modification in crop damage reports.
COTTON MARKET OPINIONS.
Rtemberger, Sinn &. Co.: We look for
higher prices
Logan A Bryan: We may have tem
porary reactions from time to time, al
though wo look for higher prices.
Miller A Co : We would either buy
cotton or let It alone
Norden A Co.: W© think higher prices
will be seen in due course.
Stock quotations to i:30 p. m.:
1:30
STOCKS— High. IaOW. P.M.
Amal. Copper. 77% 77 77*
Am. Beet Sug. 27* 27 27
American Can 33-% 33% 33%
do, pref. .. 95 95 95
Am. Car Fdy. 47% 47% 47%
Am. Cot. Oil.. 43 43 43
American Ice. 23* 23* 23*
Am. Locomo... 35* 35* 35%
Am. Smelting 667% 67%
Atchison .... 93* 93% 93%
B. and 0 96% 96% 96%
xB. R. T 88% 88% 88%
Can. Pacific.. 220% 219% 220
Cen. leather.. 22* 22* 22*
C. and 0 57% 57% 57%
LHe 28% 28% 28%
Gen. Electric.. 144* 144* 144*
G. North, pfd.. 126% 126% 126%
G. Western... 12% 13% 13%
Interboro .... 16 15% 157^
do. pref. .. 62% 61% 61%
L. Valley. . . Iff2* 162% 162%
U and N. . . 136* 135* 136*
Mo. Pacific . . 29* 29% 29*
N. Y. Central 96% 94% 95%
N. and W. . . 106 104% 104%
No. Pacific . . 111% 111% 111%
Penna 112% 112% 112%
Reading . . . 169* 159% 169*
So. Pacific . . 90% 90 90%
So. Railway . 24Vs 24% 24%
do. pfd.. . . 79* 79* 79*
St. Paul ... 105* 105 105*
Tenn. Copper. 34* 34% 34%
Union Pacific. 150 149* 149*
U. S. Steel . . 62% 62* 62%
xxU. Copper. 56* 55% 55%
xEx-dividend, 1% per cent,
xxEx-dividend, * of 1 per cent.
Prev.
Close.
77*
28
36%
95
47%
43
23%
35%
68
93
96*
89%
220%
22*
57*
28%
144
126%
13*
15%
62
153
136%
29%
95*
104*
111
112
169*
90%
24
79
105*
34*
150%
62%
66%
WHEAT
Sept
Dec
May
CORN-
Sept
Dec
May
OATS—
Sept
Dec
May
PORK
Sept. ...
Jan....
May. . . .
LARD—
Sept. . .. 11.40
Oct.... 11.47%
Jan 11.20
RIBS—
Oct 11.27%
•Ian 11.72%
May.... 10.87%
Previous
Close. Close.
88%
91*
96*
77
74
76*
43 v;
45*
48*
22.25
20.42%
20.55
87%
91*
96%
76%
73*
74%
42*
45%
48 *
21.90
20.22%
20.32%
11.35
11.36
11.07%
11.17%
11.60
10.76
87%
91%
96*
76%
73%
75*
42%
45*
48%
21.90
20.35
20.42%
11.37%
11.40
1112%
11.20
11.67%
10.80
88*
91*
96%
76%
73*
75
43%
45*
48%
20.37%
20.42%
11.47%
1142%
.1.17%
11.25
11.70
10.85
CHICAGO CAR LOTS.
Following are receipts for Tuesday
and estimated receipts for Wednesday-
Wheat 302 205
! Dorn 561 796
| Oats 330 306
Hogs 14,000 27,000
LIVERPOOL GRAIN MARKET.
| LIVERPOOL. Sept 8 —Wheat opened
%d to %d higher At 1:30 p. m the
market was %<j to %d higher. Closed
unchanged to %d higher.
Corn opened *d higher At 1:30 p. m.
the market was %d higher. Closed *d
to %d higher.
PRIMARY MOVEMENT.
WHEAT— 1913 1912.
Receipts 1.946,000 1,942,000
; Shipments l.lOO.OOO 821,000
j CORN—
Receipts 1,102,000 1,216.000
Shipments 657,000 860,000
LIVE STOCK MARKET.
STOCK GOSSIP
CHICAGO, Sept. 9.—Hogs Receipt:
14,000. Market 6c to 10c higher. Mixei
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@>8.85
Cattle-Receipts 6.000. Market 10
lower. Beeves. $7@9.10; cows and helf
ers, $3 25@8 30; stockers and feeders
$5.75@7.85; Texans, $6.50@8.OO; calves
$10.00@11.76.
Sheep- -Receipts 50.000. Market 10
low’er. Native and Western, $3 0©@>4.60
lambs, $6.6©@7.60.
PORT RECEIPTS.
The following table shows receipts at
ports to-day compared with the
IF loot 1’UQr-
the
same day last year
New < >rleans.
Galveston. , .
Mobile. . .
Savunnah. . .
Charleston. .
Wilmington. .
Norfolk. . . .
Various. . .
Total. . . .
1913
1.098“
31,341
626
10.513
588
870
210
346
46,09ft
1912.
467
37,082
855
5,845
54R
963
542
2,265
50,577
INTERIOR MOVEMENT.
| 1913. I 1912.
Houston. . .
19.226
24.921
Augusta. . . .
2.337 1
1.371
Memphis. . .
239 |
64
St Louis. . .
335 1
35
Cincinnati. .
82
203
Little Hock . .
;
20
Total
22,219 f
26.574
THE WEATHER.
Interboro Rapid Transit earned 18 G8
per cent net, against 10.07 per cent last
year, gross earnings increased $1,251,479
• • •
New York Central sells $5,000,000 one-
year notes to J. P. Morgan A Co.
• * *
Further Senate committee hearing on
the currency measure postponed to Sep
tember 16; may go before the House to
day.
• * •
Twelve Industrials declined 01; twenty
active ra Its decreased 38.
* * *
A walrlng attitude is noticed on the
part of the majority of stock market
dally operators. Pending announcement
of several important features, a contin
uation of the bull specialty tactics may
be seen. On reactions from current
prices good buying will be found. Now
York Financial Bureau.
WEEKLY WEATHER REPORT
SHORT OF EXPECTATIONS
WASHINGTON* Sept 9 Moan (em-
peratores were above normal, except at
a few coast stations where normal pre
vailed. The greatest excess was 9 to
1 ! degrees over tho northwestern por
tion of Arkansas and Northern Okla
homa. Weekly mean temperatures
ranged from 70 to 80 degrees over the
Eastern States, from 78 to 82 over the
Central and from 82 to 86 degrees over
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 purts of Oklahoma, and there
were considerable ureas 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 or>tton
region, except Tennessee, Missouri and
Oklahoma.
The greatest weekly precipitation was
5 Inches at Pensacola, Fla., an<j there
was 4.90 at Selma. Ala.; 4.80 at New-
bern. N. C., and Malvern. Ark.; 4.00 at
Raleigh, N. C., and 4.54 at Houston,
Texas
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 those sections There has not
been sufficient rain In Oklahoma to re
lieve the drouth. More rain 1h needed
In Tennessee and In parts of Mississippi
and Northern Ixmlslana.
Heavy damage resulted on the coast
and the east central counties at North
Carolina from storm of September 3,
which moved westward over that State.
WASHINGTON, Sept. 9 -With the ex
ception of showers along the South At
lantic coast and In the East Gulf States,
the weather will he 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 l^ake regions
end warmer Wednesday In the Ohio Val
ley, the .astern lower I^ake 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
hnd the Interior of Northern New Eng
land.
Weather Forecast.
Forecast until 7 p. m. Wed need ay:
Georgia Fair, except showers near
the coast to-night or Wednesday
Virginia—Fair, continued cool to
night; Wednesday fair and slightly
warmer in north and west portions.
North Carolina—Generally fair in
west, local showers in east portion to
night or Wednesday
South Carolina Fair, except shower*
near the coast to-m#,..- or Wednesday.
Florida, Alabama and Mississippi—Lo
cal showers to-night or Wednesday.
Tennessee—Unsettled to-night and
Wednesday: warmer Wednesday in
west portion.
I»ul»lana and Test Texas—Fair in
north, showers in south portion to-night
or W^vineedny.
West Taxes—Fair to-night and Wed
nesday.
NEW YORK PRODUCE.
NEW YORK, September 9.—Petroleum
firm, crude Pennsylvania. 2.50.
Turpentine steady 42@42%.
Rosin steady, 4.15@4.20.
Wool steady, domestic’ fleece, 24@27.
pulled, scoured basis, 33@62; Texas,
scoured basis, 46@53.
Hides quiet, native steers, 18*@19%;
branded steers, 17%@)17%.
Coffee steady; options opened 18 to
17 lower; Rio No. 7 on spot 9%@>9%.
Rice steady; domestic, ordinary to
prime, 4@5%.
Molasses steady; New Orleans, open
kettle. 35@65.
Sugar, raw, steady; centrifugal, 3.76
bid; Muscovado, 3.26 bid; molasses sugar
3.01 bid.
Sugar, refined quiet; fine granulated
1.60@4.80; cut loaf, 5.60 bid; crushed. 5.5
bid; mould A, 5.16 bid; cubes, 4JB5 (cO
5.05; powdered, 4.70@4.90; diamond A,
4 80 bid, confectioner’s A, 4.65; aofts. No
1, 4 55.
Potatoes active; white, nearby. 1.85(3)
2.37; sweets. 75@2.76.
Beans Firm; marrow choice 6.40(B)
6.45;pea choice, 3.75@>8.80; red kidney
3.95@ 4.00
Dried fruits firm; apricota, choice to
fancy. 12@14*; apples, evaporated,
prime to fancy, 6% fas*; prunces, 30s to
COs. 7*rull%; 60s to 100s. 4*(ff7;
peaches, choice to fancy, 6@7*; seeded
raisins, choice to fancy, 64(^74.
$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 18, 1913.
C. E. HARMAN.
General Passenger Agrent.
MINING STOCKS.
BOSTON, Sept 9.—Opening Butte
Superior, 36%; North Butte, 28*; Gran
by, 75; Nlplssing, 9; American Woolen
preferred, 79%; New Haven, 90*.
BAR SILVER.
TiONPON, Sept 9.—Bar silver quiet
at 27 9-16d
NEW YORK, Sept 9.--Commercial
bar silver, 69%; Mexican dollars. 46c.
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.
LOWRY NATIONAL BANK
Capital $1,000,000
Surplus $1,000,000
Savings Department Safe Deposit Bos;