Atlanta Georgian. (Atlanta, Ga.) 1912-1939, September 12, 1913, Image 17

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9 A TTTE ATT A "NT A HFOTfOTAN ATsT) \TWS 17 Texas Rains and Low Cables Are Cause of Early Dip—Spot Houses Buy. NnvY YORK, Sept. 12.-—Weak cables Mid a let-up In the demand from the iplnners caused the cotton market to ppen weak to-day and first prices were ^t a net decline of 7 to 15 points from Thursday’s final. There was consider- dble hedge selling in Liverpool. There tvas also a tendency in some quarters to Increase the crop estimate, owing to the rains over the Texas belt. After prices had fold some 8 to 6 points higher than the opening quotations the de cline was widened 17 to 21 points through a general liquidation movement led by the ring and brokers acting ap parently foe Wall Street. There was Uso considerable realizing sales Habersham King’s latest circular as |o the condition of the crop since the last census report was considered very favorable, which, of course, had its usual depressing effect on the. market. In Addition to this the weather map shows favorable conditions over night with in dications pointing to further rains in neede sections. Good rains fell over Ihe entire drouth stricken area and In lome sections complaints are current Df too much moisture and doing dam age to the jerque. After th 0 call the list steadied through ictive buyi ig by spot houses and shorts tyho took advantage of the early low 'ft 'el, resulting in prices climbing back io the openlrg range. On the bulge the market found good support from brokers who usually rep resent spinners and the largest spot Interests. This, with the expectation pf a bullish week-end statement, had a nlmulating effect and prices graduallv retrieved the initial decline and had the appearance of climbing the latter Ptill higher before the close. However, sentiment continues bearish on the be lief that the Southwestern rains will ncrease the yield in that section and fear that the actual will be of heavv veight soon. Meanwhile the market is subject to news from Washington relating to the otton tax bill and anything favqrable yr unfavorable would in all probability nause quick changes. News from the White House to-day is practically nil. uAST ADD COTTON LEAD Report of storms in Texas was circu- ! ated during the afteronon session to effect the market was proven absolutely baseless by a New Orleans weather ex pert, saying that there was no storm West, only a strong, cool wave causing urther general rains. The results of the report, however, sent October to 12.02; December 12.92, and January to 12.82. Later, however, prices dropped sharply and the close was steady with prloes net unchanged to 4 points lower than the closing quotations of Thurs- flay. Following are 11a. m bids in New York: October. 12.82; December, 12.72; January. 12.62; March, 12.71 Following are 10 a. m. bids in New Orleans: October, 12.62; December, IL73; January. 12.76; March, 12.86. Estimated cotton receipts: Saturday. 1912 (Yew Orleans .. 1,800 to 2.100 395 Ualreston 22 500 to 24 500 . 18.751 RANGE IN New YORK FUTURES i l i i o <0 a V <0 o it o X J -1(0 O 0.0 kp. 12.89!12.88 I 12.85'1 2.80 12.93-96 12.96-97 !>c. 12.85 13.02 12.77112.96 12.96-97 12.97-98 1 No .j ... . 12.88-90 12.88-90 !>e 12.80 12.92'12.67 12.88 12.88-89 12.89-90 fa. 12.6712.00 12.00 12.78 12.77-78 12.79-80 Pb. | ... .1 ... J .... 12.78-80 12.80-83 1 Hr. 12.74il2.91112.68 12.88 12.87-8912.89-90 \p. 12.73112.7312.73112.731 i : »ry 112.81 12.9612.7512.93 12.92-9312.95-96 'n. 112.8012.84 12.80 12.84 12.94-96 12.97-99 y 12.84 12.95 12.8012.00 12.94-9612.98-99 Closed- stbady. HAYWARD & CLARK’S DAILY COTTON LETTER. NEW ORLEANS, Sept. 12.—Toxas and iklahoma papers are jubilant over the »neral rainfall, and there are already lany reports of an improved crop out- ook. While the grade is injured in [daces the cotton is not lost some re- orts of blooms, plant recuperating, and vith an oflfen fall, considerable increase n yield expected. The weather map thows cloudy and general rains in the vestern half of the belt, generally fair »nd no rain In the eastern half. Indica tions are for clearing and cooler vea'her in the north western quarter. *'urther rains in the southern half of 'exas and raiiis likely to move on the >outh Central ^States and Alabama over he week-end. Increasing cloudiness in be Atlantics. It will become consider ably cooler over the northern half of ihe belt, but not injuriously so. and the <ool spell will be of short duration. Liverpool shows distinct weakness f rith futures about seven points lower hun due, spots 12 points down, sales, .000. , „ First trades here were at a decline it about 10 points, followed by further weakness, December selling to 12.67 in ,h e first hour. The market depends on iho support of the leaders, otherwise, it h inclined to liquidation on better crop lews from the West; increasing weight >f crop..slack spot demand and techni cal conditions. More hopeful news troin Washington would at all times have a simulating effect. NEW ORLEANS COTTON. 3 o -J. I •p- ?c. 12.64 12.84 12.59 s’o. >c. 12.78|12.94 12.69' a. 12.80 12.97112.73; b. ...J .... ....: •ir. 12.91 13.08 ! 12.84 iy. 13.00,13.16 12.:»5| Closed barely steady LIVERPOOL COTTON MARKET. LIVERPOOL, Sept. 12.—Due 3% to points lower, this market . heady 8 to 9 points lower At 12:15 ; ). m., the market was quiet " -olnts lower. I^ater the market defined , % points from 12:15 p. rn. Spot cotton 12 points lower: middling | : 59d; sales 8,000 bales, including 7.200 j American. At the close the market was easy with 'rices at a net decline of 12% to 15 1 ^ mints from the final quotations of 1 hursday. Futures opened quiet and Opening Range. 2 P.M 7.05 7.04 •eptember opt.-Oct. . . ct.-Nov. . . 'ov.-Dec. . . •ec.-Jan. . . tn.-Feb. . . eb.-Mar. . . ar.-April . , pril-May. . ay-June. . . ine-July. . . ‘ lly-Aug. . . Closed easy. 6.93 6.91% %,87 6.85% 6.82 6.79 6.81% 6.79 6.82 6.79% 6.82 6.80 6.83 6.81 ... 6.82% 6.83% 6.81 ... 6.80 6.81 6.79 steady. Prev. Close. Close. 6.99% 7.13% 6.86% "02* 6.81 6.96 6.74% 6.89% 6.74% 6.89% 6.75 to 6.90 6.76% 6.90% ■6.77% 6.91% 6.77% 6.91% 6.78 6.91% 6.76% 6.89% 6.75 6.87% MONEY EXCHANGE. NEW YORK, Sept. 12.—Money on call, I"; to 3 per cent. Time money un manned; sixty days. 4 to 4% pur cent 5>nety days 4’-,* to 4*. per cent, six a onths 5 per cent. Posted rates: Sterling exchange^. • to 4.8«%. with actual business in ban lo ti s' bills at 4.S57" to 4.for demand ind 4.8240 to 4.8250 for sixty-du> mini. Prime mercantile paper unchanged. <um Er 'T. T T 0RK ' S,, P»- 12.—J. M. Ander- t J, n ‘ K ..‘‘* 1 >' er P 00 i was disappointing to the bullish element. The decline. Tt Is sain, was based on hedge selling and American longs hedging their contracts y} Lngijgh market. Cables also said the trade was falling off. This, with the rains in the Western belt, had a de press.ng effect, and brought out sell- lng by the ring speculator and scattered liquidation. On the decline, however, the market found support from brokers who undoubtedly represent some of the large spot interests, shorts and spin ners. * • • New York Financial Bureau: "We be lieve m seeking buying opportunities on recessions, cotton should'be bought on declines.’’ * • • The market sold off yesterday In the ^teraoon and on constant selling by Sch ill, Wilson & Geer. The ring crowd was against the market and the selling was rather general with little or no support until just before the close. Weld, Mitchell & McFadden were prom inent on the buying Ride in the late trading, checking the decline and caus ing a few points rally * * ' * Sentiment is somewhat mixed, but the majority is advocating lower prices for the moment. * • • Just before the close yesterday Rlor- dan attracted considerable attention by bidding under the market for 10,000 bale lots. * * • Thursday’s market was less active than at any time since the bull move ment got started and some are pre dicting a .quieter market, pending de velopments at Washington. A wire from Hibbs at Washington stated that Un derwood thought the biil would be in conference two or three weeks. * * * The stock In cotton in the New York warehouse is only 6.000 bales. This has much to do with the steadiness of prices. On the other hand. Augusta and Sa vannah wire that they will be shipping cotton to New York soon, if the foreign demand does not pick up. English and continental cables continue to report the .^lacking of trade and New Orleans wires that freights are weak. * * • The New York Herald says: "Infor mation regarding conferences among the Democrats of the House and Senate indicate that strong pressure will be brought to bear to modify the Clarke amendment. The modified amendment offered by Senator Smith Is understood to have th© approval of the Department of Agriculture/’ • * * Liverpool cables: "The market de clined on free offering of actual selling orders from America.’’ * • * Dallas wires: "Texas and Oklahoma had general rains over both states; it is still cloudy and threatening.’’ * * * Under the circumstances a tempo rary decline in the cotton oil market may be expected when it should be a purchase.~JN. L. Carpenter & Co. * * * NEW ORLEANS, Sept. 12.—Hayward & Clark: "The weather map shows a very favorable condition; splendid gen eral rains, particularly in Nort£ and West Texas; cloudy in the western half; generally fair and no rain in the eastern half. Indications are for clearing and cooler weather in Oklahoma in North Texas further rains; in Central - and South Texas rains are moving eastward on Central states. Mississippi and west ern Alabama. Generally fair in the At lantics.” * * * * Rainfall: Amarillo, .52; Oklahoma City, 1.04; Abilene, raining. 1.24; Fort Worth, raining. 2.26; Taylor. .18; San Antonio, .24: Corpus Christi. 1.64; Gal veston. raining, 2.72; Palestine, raining, .06; Shreveport, .02; Fort Smith, .14; Little Rock. ,04; New Orleans, .16; Jack sonville. .04; Del Rio, .08. * * * The Inter-State Trust and Banking Company, of New Orleans, estimates the cotton crop for this season at 14,343 000 bales, without linters or repacks. The report by Slates follows: Arkansas 900,000; Alabama, -1.500,0'K); Florida, 68.- 000; Georgia. 2,250 000; Oklahoma. 875,- 000; Louisiana. 500.000; Mississippi, 1.225,000; North Carolina, 950,000; South Carolina, 1,500 000; Tennessee, 475,000; Texas, 4,100,000 bales. * * * * The Now Orleans Tlmes-Pemocrat says. ‘‘The cotton market is flounder ing in a sea of doubt and apprehension pending the arrival of final news from Washington as to the attitude of the conference committee on the Clarke tax- rider. "Trading is in very small volume. De mand for the actual for September de livery is not large enough t/» keep spot owners from worrying. However, high price men are telling the world that while the drouth ruined the staple, the heavy and continued rains are ruining the grade of the crop In the West. On the other hand, low price people have gained much courage fro/.i their be lief that the rains will start the Western plant growing again, and tnat a top crop of Importance is now probable. ‘‘It is a fact that the private reports coming from Oklahoma indicate a larger crop promise in that State than was indicated by the Government’s con dition figure of 45 per cent of normal as of August 25. In so far as Texas is concerned most people believe the yicl/f there will be a large one in spite of the recent drouth. Long ago the trade reached the conclusion that the out-turn in the Atlantic States will be very large and recent weathfer has not impaired the promise.” * * * Mitchell. Schlll and Wilson were heavy sellers to-day. • * • Habersham King’s latest report says; 'To September 7 there have been no changes of consequence since the last Bureau report The drouth 6ctions of Texas and Oklahoma are in my opinion hevond deterioration or Improvement, while the rest of the belt is making very favorable progress. Moderate rains, if rot continued long enough to damage grade, would be of advantage in filling out bolls, outside of what chances there might be for a second growth in the southern half of Texas. Since th<? date of this report, the dry sections of Ar kansas. Tennessee and North Mississippi have been favorably relieved ” • # * The Texas Government Weather Bu reau says rainfall average fo~ the State for the month of August was 1.26 inches below normal. It says out of 203 reporting stations. 14 showed no rain fall and 11 only a trace • * * Rainfall in Texas: Amarillo. .52; Abi lene, 1.24: Austin. .06; Alice. 1.04: Bal- l;i ; -pr, 60. Brenbam. .98; Clarendon. .10; Columbus. 1.98; Corpus Christi, 1.64; <V .an*. 40; Cuetc. 30; Dallas. .48; Dublin. .50; Fort Worth, 2.26; Galves ton. 2.72; Greenville, .40; Haskell. .42; Henrietta. .20; Hondo, .74; Huntsville, .12; Kerrville. .32; Koppert, .34; Long view. .56; Luling, .20; Nacogdoches, 1.28; Palestine. .06; Paris, ,46; Pierce, .98; Quarah, 1.34; San Antonio, .24; San Marcos. .32; Sherman, 1.26; Taylor. .18; Temple 1.50: Valley John, 2.00: \Yaco. 4«0; Waxahachie. .30; Weatherford, 1,04; Dardanelle, Ark., 1.30; Pine Bluff, 1 40; Alva Okial, .40; Tulsa. 1.40; Ard more. T OO; McAlester. 1.00; Marlow, 1.00; Bartlettsvllle. 2.40; Chickasha, 2.80; Hol- denville. 2.70; Muskogee. 1.20; Shawnee, 1.30; Lawton, 3.70; Amitel. .75. * • * In a booklet Just off the press bear ing the title “Statistical History of the American Cotton Crop.” James J. Lea. a New Orleans statistician, presents a suc cinct and comprehensive statement cov- ering all salient points in connection with the production and absorption of the American cotton crop during the past forty years, as long a period as is covered by well-authenticated records. Hen-rv G. Hester,, the world’s accepted authority upon such matters, assisted Mr. Lea. MINING STOCKS. BOSTON, Sept. 12—rOpening: Arizo na Commercial, 4%; Butte Superior, 34%; Calumet Arizona, 67; Swift, 104%; Alaska, 20, ISHEftDED BYU.P. Rumor That Standard Oil People Are Back of Market Results in Bull Raid at Close. By CHARLES W. STORM. NEW YORK. Sept. 12.—Union Pacific led a substantial upturn at the opening of the stock market to-day, advancing 1% on the first few sales. Another prominent stockwas Canadian Pacific, which, after opening at 225 for a gain of %, advanced still further. Increasing its net advance to 1%. Some traders professed to see evi dences of accumulation which is gradu ally decreasing the floating supply. They argue that astute buyers are look ing fo the future for a better market, now that the tariff Is about out of the way, peace prevails in Europe and rela tions with Mexico seem growing bet ter. A good deal of importance was at tached to the advance in London of Southern Pacific, which was followed here by a gain of %. Among the other stocks which made advances were: Amalgamated Copper, %; Utah Copper, %; United States Steel common, %; Southern Pacific Transfer Certificates. %; Southern Pacific, %; Ray Consolidated Copper, %; Reading, Ml People’s Gas, %; New York Central, %; General Electric, %; St. Paul. %; Baltimore and Ohio, %; Brooklyn Rapid Transit, %. Pennsylvania Railroad declined .% and fractional declines also were sustained by Northern Pacific and United States Rubber common. The curb was steady. Americans in London were narrow and subject to professional trading Union Pacific continued to maintain its position as leader and the price of that stock rose 2% to 156%. There was an extra demand for Southern Pacific at 94, against 92%. Canadian Pacific also continued its upward movement, selling at a gain of 1%. Reading was up 1%. Advances of one or more points were made In Copper, Steel and Smelt er. Call money loaned at 2%. Speculative sentiment in the last hour centered in Union Pacific. This stock, which was the most active on the list, sold around 158% for a gain of 2% since noon and a net advance of 4% on the day. The buying orders came from a variety of sources and helped to sustain the strength of Southern Pacific, which ruled above 94 for a gain of 1% on the day. Canadian Pacific was .an other strong feature, ruling around 225%; which was a point above the nuon price. Amalgamated Copper and American Can were in demand. The tone was strong. There was considerable covering of shorts. The market closed strong Government bonds unchanged. Other bonds firm. NEW YORK STOCK MARKET. Stock quotations: Cl os. Prev. STOCK- High. Low. Bid. Close. Amal. Copper. 79% 77% 78% 77% Am. Agvicul.. ’. . . . 48 46% Am. Beet Sug 2974 29 29% 29 American Can 35% 35 35% 34% do. pref. .. 9778 97 7 4 97% 97% Am. Car Fdy. 47% 47% 47 47% Am. Cot. Oil... 44% 44 44 44 American Ice 24% 24% 24% 23% Am. Locomo.. 36 35% 36 35 Am. Smelting 69% 58% 69% 67% Am. Sug. Ref. 114% 118% 114 11274 Am. T.-T 13074 130 7 4 130% 13074 Am. Woolen 17% 17% Anaconda .... 39% 89% 38% 38% Atchison .... 96% 95% 95% • 9574 A. C. U ..... 122 122 122 12074 B. and 0 96% 96 96% 95% Beth. Steel... 36% 86 ■86% 36 B. R. T. ...... 89% 89% 89% 8874 Can. Paclflo.. 2277s 224% 22274 224 Cen. Leather. 24% 24% 24 24 C. and 0 60 58% 59% 5874 Colo. F. and I. 34 32% 33 32% Colo. Southern .... 29 29 Consol. Gas.. . 133% 133 132% 132% Corn Products 11% ii <» 11% n% D. and H .... 160 158 Den. and R. G .... 19% 19 Distil. Secur 12% 12% Erie 20% 29% 29% 28% do. pref. .. 47 47 47% 45 Gen. Electric. 147 145% 146% 145 G. North, pfd. 128 127% 127% 127% G. North Ore. 35% 35 35 74 33% G. Western 13% 13 Ill. Central... Ill 110% 110% 109 Interboro .... 16% 16 16% 15% do, pref. .. 63% 62% 63% 62% Int. Harv (old) .... 108% 108 Iowa Central 7 K. C. S 26% 25% M., IC. and T. 2274 22% 22% 22% do. pfd 57% 57 L. Valley. . . 15674 155 155% 164% L. and N. . . 138 136% 137 135% Mo. Pacific . 3074 30 30%' 29% N. Y. CentraJ 9814 96% 97% 96 Northwest 128% 128 xNa%Lead. .| .... 46% 46% N. and \V. . . 105% 105% 105% 105% No. Pacific . 113% 112% 113 74 O. and W. . . 2974 29% 29% 29% Penna 113% 112% 11374 112% Pacific Mail 21 P. Gas Co. . . 125% 124% 125 124% P. Steel Car . 29 28% 28% 28 Reading . . . 163% 161% 163% 161% R. I. and Steel 25 24% 24 do. pfd.. . . 90 90 * 89 Rock Island . 17% 17% 17% 17 do. pfd.. . . 27% 27% 2774 27% S.-Sheffield 34 32 So. Pacific . . 94% 93 94 92% SO. Railway . 24% 24% 24% 24% do. pfd 7974 78% St. Paul ... 107 106M 106% 106 Tenn. Copper. 33% 33% 33% 33% Texas Pacific 15 15 Third Avenue 40-74 38 y 4 Union Pacific 159% 1547s 159% 154 U. S Rubber. 64 62% 63 62% 63 74 U. S. Steel . . 65 13 64,% do. pfd.. . . Utah Copper . 109 74 10974 109% 10974 56% 55% 56 oh V* V.-C. Chern. . 34% 33% 33% 31% Wabash . . . 4% 4 74 do. pfd.. . . 12% n V, W. Union . . 69 68 67% 67 W. Maryland. 40 39’. W Electric . 73% 72% 73% 72% AV'. Central. . 49% 49 NEW YORK COFFEE MARKET. | Opening Closing January 8.74*i8.77 8.73@8.75 February 8>4t(&8.86 8.80fa 8.85 March 8.94 8.92^/8.94 April 8.95'5 9.00 8.99 @ 9.00 May. ...... 9.05(5 9.07 9.05@ 9.06 June ...... 9.10@9.15 9.11@».13 July 9.15 9.17fa 9.18 August 9.17 9.17@9.18 September. . . . 8.48(38.50 October 8.45 8.4 8 fa 8.50 November. . . . 8.55 8.55 fa 8.57 December. . . . 8.66 8.65fa 8.66 Closed steady. Sales, 67,250 bags. COTTON SEED OIL. Opening Closing. S pot 7.65@8 02 September . , , 7.75@7.79 7.81 fa 7.90 October .... 7.44f?{ 7.45 7.43fa7.45 November .... 6.90*/6.91 6.90@6.91 December. ... 6.90 @6.92 6.90^6.92 January .... February . • • 6.89 fa. 6.90 6.90fa6.92 ■ 6.90@6.93 6.93 fa 6.95 March .... 7.03 fa 7.04 7.05 @ 7.07 April .... 7.06fa 7.12 7.08@7.15 Closed heavy; sales, 21,400 barrels. Spinners’ Taking for , Week 181,000 Bales According to Secretary Hester, of the New Orleans Cotton Exchange, the vis ible supply of American cotton during the past week shows an increase of 114.966 bales, as compared with an In crease of 86.832 bales for the corre sponding week last year and an in crease of 168.977 bales for the same week the year before. Other kinds dur ing the week shows a decrease of 22,000 bales, against an Increase of 14,000 bales last vear and an increase of 42,000 bales in 1911. The total visible supply of American cotton Increased 92.96<> bales, as* com pared with an increase of 99,332 hales, against an increase of 126,977 bales the year before. World’s visible supply: 1913 1912 1911 American . ...11,193.235 1.446,554 1,011.944 Other kinds. . . 953.000 812.000 686.000 To., all kinds. !2,146,235!2,268,554 1,697,944 World’s spinners’ takings: For week. . Since Sept. 1913 11912 J 181,0001 154,000 317.000; 281.000 1911 200.000 200.000 Movement Into sight, week: O'erland, w’k. Since Sept. 1. In. sight, w’k Since Sept. 1.. So. consump... 1913 1912 i '1911 1,504 2.730 464.8511 296.328 540.413 434.851 i 376.700 45.000' 40.0001 2,128 271.962 411.965 35.000 Weekly interior movement: Receipts .. Shipments Stocks .... Weekly exports: 1913 172,023! 138,794' 155.3031 1912 1 155,244 133,6581 162.728: 1911 136.977 163.775 140.977 19lTT 1912 1 For week.... | 1+6.994 61,5891. Since Sept. l..| 229,4011 128.081|. 1911 Wool Trade Discounts Effect of Tariff Bill BOSTON, Sept. 12 —The local wool trade shows only mild Interest In the passage of the new tariff bill by thp Senate. It is felt that most of the pos sible efTect of the bill has already been discounted, though It is admitted that a failure finally to fix the date for Schedule K in accordance with the Senate provisions would work some hardship. Total sales of wool the past week are estimated at somewhat more than 3,000,000 pounds. Prices are not materially changed. Territory wools have been fairly active, but fleeces and foreign wools are quiet. Receipts in pounds for the week end ed and including Wednesday were as follows: 1913. 1912. Domestic 6,602,350 8,437,977 Foreign 2.012.516 2.117,050 Totals 7,614.866 10.655To27 Total receipts of 7,614.866 pounds, compared with 7.115,454 the preceding week, of which 6,932.808 were domestic. Receipts in pounds from and including January 1, 1913, as compared with the corresponding period in 1912, were as follows: 1913. 1912. Domestic ... a .. .129,127.779 197.987,871 Foreign 48,170.068 100,761,463 Totals 177,297,847 298,749,334 PORT RECEIPTS. The following table shows the ports to-day compared same day last year receipts at with the T 1913. 1012. New Orleans . . . 1,763 676 Galveston 15.748 23.342 Mobile 617 269 Savannah 9,844 5,750 Charleston . . . . 2,231 1,151 Wi mington . . . 739 1,386 Norfolk 412 1.197 Baltimore 509 1,183 Boston 12. Brunswick . . . . 7,034 6,584 Newport News . . 485 Various 9.456 3.866 Total 48.386 45,899 SPOT COTTON MARKET. (New Crop.) Atlanta, steady; middling 12%. Athens, steady; middling 12%. Macon, steady; middling 12c. New Orleans. steady; middling 12 13-16. New York,- quiet; middling 13.15. Philadelphia, quiet; middling 13.40. Boston, quiet; middling 13.15. Liverpool, easier; middling 7.39d. Savannah, steady; middling 12%. Augusta, steady; middling 12 13-16. Charleston, steady; middling 12%. Norfolk, steady; middling 12%. Galveston, firm; middling 127' 8 . Mobile, steady; middling 12%. Wilmington, quiet; middling 12%. Little Rock, steady; middling 12%. Baltimore, nominal; middling 13%. St. Louis, steady; middling 12%. Memphis, steady; middling 12%. Houston, steady; middling 12%. Louisville, firm; middling 12%. Charlotte, steady; middling 12c. Greenville, steady; middling 12c. THE WEATHER. Conditions. WASHINGTON, Sept. '12.—The weath er will be unsettled in New England and the Middle Atlantic and Gulf States, with showers to-night or Saturday, while in the feouth Atlantic States the weather will be fair. In the lower Lake region and the Ohio Valley the wtarher will be more or less unsettled, but probably with little or no rain, while in the up^r Lake region the weather will he fair. It will be warmer to- right in the Atlantic States and some what cooler in the Ohio Valley and the I>aka region. There are some slight indications of the presence of a tropical disturbance south of Porto Rico and special reports have been requested. General Forecast Forecast until 7 p. m. Saturday: Georgia -Fair to-night and Saturday. Virginia Showers to-night or Satur day; slightly warmer to-night. North Carolina — Fair, except show r era In extreme west portion to-night or Sat urday: warmer in the interior. South Carolina Fair to-night and Sat urday; warmer to-pight in the interior. Florida—Fair in western portion; lo cal showers in east and extreme south eastern portions to-night or Saturday. Alabama and Mississippi—Local show ers to-night or Saturday. Tennessee—Occasional showers to night and Saturday; slightly cooler to night In the northwest portion. Louisiana—Rain to-night and Satur day, except* fair in northwest portion Saturday; cooler in northwest to-night; cooler in north portion Saturday. East Texas—Rain and cooler In Inte rior to-night; Saturday showers in east portion; fair in west portion except showers on coast West Texas Fair to-night and Satur day. except showers in interior; cooler to-night in southeast portion NEW YORK PRODUCE NEW YORK, Sept. 12.—Petroleum firm; crude Pennsylvania. 2.50. Turpentine easier, 41% 42 Rosin steady; common. 4 20 tbld) Wool dull; domestic fleece, 24'326; pulled, scoured b a> d s . 33@50; Texas, scoured basis. 46®53. Hides Inactive; native steers. 18%@ 19%: branded steers, 17%f^l7% Coffee steady; options opened 1 lower to 1 higher; Rio No. 7 on spot, 9% (asked). Rice steady; domestic, ordinary to prime, 4@5%. Molasses steady; New Orleans, open kettle. 34^ 55. Sugar, raw. steady; centrifuga'. S.76 (bid); muscovado, 8.26 (bid); molasses sugar. 3.01 (bid). Sugar, refined, steady; fine granu lated, 4.60fz4.8Q; mob! A, 5.15 (bid); cubes. 4.85(^5.05; powdered, 4.70<&4.90; diamond A. 4.80 (bid); confectioners’ A. 4.66 (bid); softs. No. 1, 4.55. (No. 2 is 5 points lower than No. 1, and Nos. 3 to 14 are each 5 points lower than the pre ceding grade.) WHEAT— 1 ‘B 3 1*12 Receipts 1,817.000 I 1,957.000 Shipments .... 824,000 1 1,904.000 O.KV- 1 i 1 Receipts 953.000 I 796.000 1 Shipments .... 477,000 | 683,000 j Corn Failed to Get Much Above Previous Day’s Close Despite the Bulge in Wheat. ST. LOUIS CASH QUOTATIONS. Wheat—No. 2 red 94%@95 Com—No. 2 75% Oats—No. 2 43 CHICAGO, Sept. 12.—An excellent de mand for cash wheat with sales of about 300,000 bushels here and a good export business in the Northwest caused a firmer feeling to prevail In the wheat market during the last half of the ses sion and the finish, while at a good re action from the top, showed net gains of % to % cent. Cora failed to get much above the previous dav’s finish, despite the bulge in whlat. Cash demand was fair and shipping sales U25 000 bushels. Oats showed fair strength and closed % cent lower to Vi eeait higher. Provisions had a narrow range. CHICAGO GRAIN MARKET. Grain quotations: Sept Dec May CORN— Sept Dec May OATS— Sept Deo May PORK— Sept Jan... 19.90 May. .. 20.07% LARD- Sept.... 11.10 Oct.... 11.17% Jan.... 10.92% RIBS— Sept.... 11.07% Jan 11.50 May.... 10.65 High. Low. Close. Close. 88 88% 87% 87% 91% 90% 90% 90% 96 95 95% 96% 75% 75 75% . 75% m TM 74% Vft 72% 73% 42 41% 41% 41% 44% 44 44% 44% 47% 46% 47% 47% 19.82% 19.95 11.07% 11.10 10.87% 11.00 11.45 ;0.60 21.25 19.87% 19.87% 19.97% 20.00 11.10 11.10 11.15 11.17% 10.90 10.95 11.02% 11.07% 11.45 11 52% 10.60 10.65 PRIMARY MOVEMENT. CHICAGO CAR LOTS. Following are receipts for Friday and estimated receipts for Saturday: 1 Friday. \ SaUirday ! Wheat 122 97 Corn . 473 453 Oats 220 206 Hogs. .. .. .. 14,000 9,000 CHICAGO CASH QUOTATIONS. CHICAGO, Sept. 12.—Wheat. No. 2 red, 93@94; No. 3 red, 91%@92%; No. 2 hard winter, 89&90: No. 3 hard winter. 88%%8S%; No. i Northern spring, 92(01 93; No. 2 Northern spring. 90(8-92; No. 3 spring. 88%<889%. Corn. No. 2, 76@76%; No. 2 white. 76% @77; No. 2 yellow, 76Y4#76%; No. i, 7lS%@76%; No. 8 white. 76V4@76%; No. 3 yellow, 76"«76%; No. 4. 75% (u 75%*o. 4 white, 76%@76%; No. 4 yellow, 76%@ 75%. Oats, No. 2, 42%; No. 2 white. 43%@44; No. 3. 42; No. 3 white. 42%<8 43%; No. 4 white. 42%@ 42%; standard. 43%@43%. ST. LOUIS CASH. ST. LOUIS, Sept. 12.—Wheat. No. 2 red. 91%@95; No. 3 red, 91%; No. 4 red. 89@ 90%? No. 2 hard, 88@92; No. 3 hard, 87. Corn: No 2. 76%; No. 3. 75; No. 2 yejfow, 75%@76; No. 3 yellow, 75; No,_2 white, 76%@76%; No. 3 white. 75@75%. Oats: No. 2, 43%; No. 3. 43%; No. 4, 41%@42; No. 2 white, 44%; standard, 44(b 44%; No. 3 white, 43*%(g>44; No. 4 white, 43. LIVERPOOL GRAIN MARKET. LIVERPOOL, Sept. 12.—Wheat opened unchanged to %d lower. At 1:30 p. m. the market was %d to %d higher. Closed %d to %d higher. Corn opened %d lower. At 1:30 p. m. I the market was unchanged to %d higher. Closed %d to %d higher. LIVE STOCK. CHICAGO, Sept. 12.—Hogs: Receipts, 14,000; market 5c lower; mixed and butchers. 7.60@9.10; good heavy, 8.05@ 8 70; rough heavy. 7.35@7.90; light. 8.30 @9.10: pig'*, o.25*/8.6ft: bulk* 7.95@8.40. Cattle: Receipts, 1,500, market steady: beeves. 7.25*/9 10; cows and heifers. 3.25 @8.30; Stockers and feeders. 5.75@7.7(ft ! Texans, 6.50@ 8.00; calves. 9 60@11.25. 1 Sheep: Receipts. 16.000; market steady; native and Western, 3.00@4.6" Iambs, 5.60@7.70 Grain Notes The Chicago Inter Ocean says: "Sentiment atxiong grain traders last ( night was mostly bearish and only a few traders were able to see any good on the buying side:. Some, however, \ said that with any further break to , day they would be Inclined to buy for a J rally, as sentiment Is getting too ur.anl : mously bearish "Bulls who were found last night | said they thought that the veiling had , been ‘overdone, and believed that the j long side was the safe one on wheat and corn. A good many of the oats sue j cialists are bearish, the talk about Ca j nadlan Imports seeming t»» have weight j with professionals. "The Government's October crop re- port will be issued Thursday, October 9 j pt 1:15 p in., and will give condition of corn and the preliminary estimated yield I of spring wheat, oats and barley.” • * • Wheat and corn art in a trading area —New York Financial Bureau. At the moment the coffee market promises to show only limited fluctua tions, pending further developments In crop conditions, but we think further de cline will meet with more resistance.— I N. L. Carpenter & Co. • * * Chicago, clear, 63; Terre Haute, rain- ' tr.g. 68; Peoria, clear. 65. no rain; Spring field, cloudy. 65 rained; St. Louis, rain ing. 65. rained all night; Kansas City, cloudy, 6o; Omaha, clear, 60; Minneapo lis, clear, 55. • • • Bartlett, Frazier Company says: “Wheat- We think some of j’ester- day’s aggressive sellers will rather re gret their action “Cora—As in whe^it, the aggressive ness shown by local professionals yes terday will probably meet with the same results In to-day's market, as has been the case so frequently of late. "Oats We do not believe in pressing tha short side. ^ "Provisions—Look for a higher mar-* ket to-day.” METAL MARKET. NEW YORK, Sept. 12. -The tone was fPm at the met a* market to-day. Cop pe.r, spot to November, 16%; lead. 4 65*/ 4.85; spelter. 5 85*/5 95: tin. 42.25@42.50. BAR SILVER. NEW YORK, Sept. 12.—Commercial bar silver 60%. Mexican dollars, 46c. j London bar silver steady at 27%d. | Enthusiasm IsRunningHigh Contest r K \ “Gee, ain’t it a peach! Couldn’t I speed some if I had one of them! How many are you going to give away, Mister?” These are some of the remarks to be heard around The Georgian Office where the l^ig red “Georgian Flyer” is on exhibition—the one just like The Ilearst.’s Sunday A merican and Atlanta Georgian will give to each hoy and girl who secures forty new subscrip tions to the paper before October 1. There are many earnest workers and the subscriptions are coming fast. It would only be a wild guess now to say who will win the first fifteen cars and receive the Charter Membership Certificates to the Atlanta Pedalmobile Racing Club. These Cer tificates -will entitle the holder to compete in any or all races and events to be held in the near future. Pedalmobilh Clubs are to be found in many of the large cities, having been promoted by some of the largest and best newspapers in the country. This sort of sport may be new in At lanta, but in many particulars the Pedalmobile races are to the children what the Auto races are to the grown-ups. In fact, they are handled a good deal on the same order and are interesting to the parents as well as the children. These little machines are not to be confined to pleasure alone, but can be put to good use in many different ways. In some cities carrier hoys who have won Pedalmobiles may be seen distributing their papers in them. All these cars are well-made and serviceable and will surely gladden the heart of any boy or girl who is fortunate enough to win one. These cars are now on exhibition in the window of O. C. Polk Dry Goods Store, 29 South Gordon Street; South Pryor Ice Cream Parlor, 353 South Pryor Street, and Imperial Tire and Tube Company, 349 Peachtree Street. While attending the Odd- and-Ends Sale at Polk’s Dry Goods Company, be sure to notice the “Georgian Flyer” in the window. OUTSIDE WORKERS. A number of boys ,and girls outside of the city of Atlanta have sent in their application blanks and are now working earn estly to obtain one of the handsome little cars. The Pedalmobile man will be glad to send subscription blanks to more honest hust lers who. would like to own a Pedalmobile. Just fill out the application blank below and full particu lars will be mailed you at oiice. APPLICATION BLANK Pedalmobile Department of the Hearst’s Sunday American and Atlanta Georgian. 20 East Alabama St., Atlanta, Ga. I am interested in your free Pedalmobile offer and am determined to win one if my application is accepted. Please send blanks and full particulars. muni 1 I <