Atlanta Georgian. (Atlanta, Ga.) 1912-1939, September 09, 1913, Image 15

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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;