Newspaper Page Text
17
TiTT ATT A NT A OEOTWITAN AND NFWS.
STEADIES CIITOI
Texas Rains and Low Cables Are
Cause of Early Dip—Spot
Houses Buy.
COTTON GOSSIP
NEW YORK, Sept. 12.—Weak cables
and a let-up in the demand from the
spinners caused the cotton Ynarket to
open weak to-day and first prices were
at a net decline of 7 to 15 points from
Thursday's final. There was consider
able hedge selling in Liverpool. There
was also a tendency In some quarters
to increase the crop estimate, owing
to the rains over the Texas belt. After
prices had sold some 3 to 6 poinis 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 for Wall Street There was
also considerable realizing sales
Habersham King’s latest circular as
to 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
the entire dlouth stricken area and in
some sections complaints are current j
of too much moisture and doing dam
age to the gr-ioe.
After the call the list steadied through
active buying by Spot houses and shorts
who took advantage of the early low
level, resulting in prices climbing back
to the op.nlrg range.
Following Eire 11 a. 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,
12.73; January, 12. <6; March. 12.86
Estimated cotton receipts:
Saturday. 1912.
New Orleans .. 1,800 to 2,100 395
Galveston 22 500 to 24.500 18,751
On the bulge the market found good
support from brokers who usually rep
resent spinners and the largest spot
interests. This, with the expectation
of a bullish week-end statement, had a
stimulating effect and prices gradually
retrieved the initial decline and had
the appearance of climbing the latter
still higher before the close. However,
sentiment continues bearish on the be
lief that the Southwestern rains will
increase the yield in that section and
fear that the actual will be of heavy
weight soon.
Meanwhile the market is subject to
news from Washington relating to the
cotton tax bill and anything favorable
or unfavorable would in all probability
cause quick changes. News from the
White House to-day is practically nil.
NEW YORK COTTON.
| | j 1 1:30 f Prev
'OpenlHigh ! LowIP.M.' Close.
Sept. . . .
12.89 12|89!12.82
12.82 12.96-97
Oct. . . .
12.85 12.94 12.77
12.89 12.97-98
Nov. . . .
. . . .12.88-90
Dec. . . .
12.80 12.85112.67
12.79 12.89-90
Jan. . . .
12.67ll2.75jl2.58
12.74 12.79-80
Feb. . . .
.... 12.80-83
Mar. . . .
12.74 12.83 12.68
12.80 12.89-90
May. . . .
12.81 T2.88 12.78
12.87 12.95-96
June . . .
12.80 12.84 12.80
12.84 12.97-99
July . . .
12.84|12.85 12.80
12.85 12.98-99
HAYWARD & CLARK’S
DAILY COTTON LETTER.
NEW ORLEANS, Sept. 12.—Texas and
Oklahoma papers are jubilant over the
general rainfall, and tnere are already
many reports of an Improved crop out
look. While the grade is injured in
places tHe cotton is not lost some re
ports of blooms, plant recuperating, and
with an open fall, considerable increase
In yield expected. The weather map
shows cloudy and general rains in the
western half of the belt, generally fair
and no rain in the eastern 'half. Indicu-
rations are for clearing and cooler
weather in the northwestern quarter.
Further rains in the southern half of
Texas and rains likely to move on the
South Central States and Alabama over
the week-end. Increasing cloudiness ii(
the Atlantics. It will become consider
ably cooler over the northern half of
the belt, but not injuriously so. and the
cool spell will be of short duration.
Liverpool shows distinct weakness
with futures about seven points lower
than due. spots 12 points down; sales.
8,000.
First trades here were at a decline
of about 10 points, followed by further
weakness. December selling to 12.67 in
the first hour. The market depends on
the support of the leaders, otherwise, it
is inclined to liquidation on better crop
news from the West; increasing weight
of crop, slack spot demand and techni
cal conditions. More hopeful news from
Washington would at all times have a
stimulating effect.
NEW ORLEANS COTTON.
I 1:30 ! Prev.
Sept....
..f.
•
.. 12.73
—
Oct . . .
12.64
12
7312
59
72112.78
79
Nov. . . .
\
. .'12.84
86
Dec. . . .
12.78
12
83:12
69
12
81.12.87
M8
Jan. . . .
12.80
12
8712
7°
12
81. 12.90
91
Feb . . .
. .: L2.87
89
Mar . . .
12.91
12
98 12
84
12
97 13.00
Cl
May . . .
13.09
13
03:12
97
13
03 13.09
10
LIVERPOOL COTTON MARKET.
LIVERPOOL, Sept. 12.—Due 3% to
|% points lower, this market opened
steady 8 to 9 points lower. At 12:15
p m., the market was quiet 7 to 9%
points lower. Later the market declined
1% points from 12:15 p. m.
Spot cotton 12 points lower; middling
7.59d; sales 8,000 bales, including 7,200
American.
At the close the market was easy with
prices at a net decline of 12% to 15%
points from the final quotations of
Thursday.
tures opened quiet and
(>pening
Range. 2 P M.
amber . 7.05 7.04
-Oct. . . 6.93 6.91%
Nov. . . %.87 6.85%
-Dec. . . 6.82 6.79
-Jan. . . 6.81% 6.79
-Feb. . . 6.82 6.79%
-Mar. . . 6.82 6.80
-April . . 6.83 6.81
-May 6.82%
■June. . . 6.83% 6.81
-July 6.80
■Aug. . .,6.81 6.79
>sed easy.
steady.
Prev.
Close. Close.
6.99% 7.13%
6.86% 7.02
6.81 6.96
6.74% 6.89%
6.74% 6.89%
6.75% 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%
MILLER-COTTER COTTON LETTER.
MEMPHIS. Sept. 12. Liverpool re
ports that the South is offering freely,
while spinning trade shows some slack
ening. American spinners are buying
verv moderately. The question arises
naturally, therefore, whether big re
ceipts will be absorbed without decline.
Feeling that it is impossible Is reflected
In lower values. After a period of rains
the outlook for clearing weather, we
feel that spinners’ demand must im
prove before bull campaign will be re
sumed.
COTTON MARKET OPINION8.
B F Hutton & Co.: Further reces
sions are not unlikely, but vve would
not follow the decline; in fact, would
rather prefer purchases on good breakp.
Logan & Bryan: Whiie prices may
react further, we do not feel disposed to
encourage sales at these prices.
Sternberger. Sinn & Co. On good de
clines we favor the long side.
Miller & Co.: At the moment the
market contends with the elimination of
the short interest and the lack of spec
ulative buying. We. however, consider
the market a bull proposition.
NEW YORK, Sept. 12 - J. M. Ander
son “Liverpool was disappointing to
the bullish element. The decline, it Is
said, was based on hedge selling and
American longs hedging their contracts
in the English market. Cables also said
the trade was falling off. This, with
the rains in the Western belt, had a de
pressing tiffed, and brought out sell
ing 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 in seeking buying opportunities on
recessions, cotton should be bought on
declines.''
* * *
The market sold off yesterday in the
afternoon and on constant selling by
Sohill, AY 11 son & 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 Si McFadden were prom
inent on the buying side in the late
trading, checking the decline and caus
ing a few points rally
* * *
Sentiment is somewhat mixed, but
the nlajority is advocating lower prices
for thfc moment.
* * * ,
Just before the close yesterday Rior-
dan attracted considerable attention by
bidding under the market for 19,000
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
Hlbhs at Washington stated that Un
derwood thought the bill 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
slacking 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 he
brought to hear to modify the Clarke
amendment. The modified amendment
offered by Senator Smith is understood
to have the 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
ha<j 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 —N. L. Carpenter & Co.
* * *
NEW ORLEANS. Sept. 12.—Hayward
& Clark "The weather map shows a
very favorable condition; splendid gen
eral rains, particularly in* North 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 follow's: Arkansas,
900,000; Alabama, 1,500,000; Florida, 68.-
000; Georgia. 2,250.000; Oklahoma, 875,-
000; Louisiana. 500,000; Mississippi,
1.225,000; North Carolina, 950,000; South
(’arolina, 1,500.000; Tennessee, 475,000;
Texas, 4,100.000 bales.
* * *
The New Orleans Times-Democrat
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 to 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 froru their be
lief that the rains will start the AVestern
plant growing again, and mat a top crop
of importance is no^' probable.
“It is a fact that the private reports
coming from Oklahoma indicate a
larger crop promise in that Stale 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
yield 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 weather has not
impaired the promise."
* * *
Mitchell, Schill 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 setions of
Texas and Oklahoma are in my opinion
beyond deterioration or improvement,
whjle the rest of the belt is making very
favorable progress. Moderate rains, if
not 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 the date
of ibis report, the dry sections of Ar
kansas, Tennessee and North Mississippi
have been favorably relieved."
• • •
The Texas Government AVeather Bu
reau says rainfall average for 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 trac*.
• » *
Rainfall in Texas; Amarillo, 52; Abi
lene, 1.24; Austin, .06; Alice, 1.04, Bal
linger, .60; Bronham, .98; Clarendon, .10;
Columbus. 1.98 Corpus Christ!, 1.64;
Corsicana. .40; Cuero, .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;
Quanah, 1.34; San Antonio, .24; San
Marcos, .3::; Sherman, 1.26; Taylor. IS;
Temple. 1.50; Valley John, 2.00; VYaoo,
4.80; Waxahachie, .30; Weatherford,
1.04; Dardanelle, Ark., 1.30; Pine Bluff,
1.40: Alva Okial, .40; Tulsa, 1.40; Ard
more. 1.00; 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: Amltel, .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 sue
cinct and comprehensive statement cov
ering all salient points in connection
witli the production and absorption of
the American cotton crop during the
past forty years, as long a period as is
covered by well-autbenricated records
Henry G. Hester, the world's accepted
authority upon such matters, assisted
Mr. I>*a.
Canadian Pacific Also Is Strong
and Some Traders Look for
General Upturn.
ST. LOUIS CASH QUOTATIONS.
Wheat—No 2 red 94%095
Corn—No. 2 75%
Oats—No. 2 43
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 stock was 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 (o 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 V
Among the other stycks which made
advances were: Amalgamated Copper.
%; Utah Copper, %: United States Steel
common. %; Southern Pacific Transfer
Certificates, %; Southern Pacific, %;
Ray Consolidated Copper. %; Reading.
; People's Gas, %; New York Central.
%: General Electric. %: St Paul. %;
Baltimore and Ohio, %; Brooklyn Rapid
Transit, %.
Pennsylvania Railroad detained % 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 1569* 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%.
NEW YORK STOCK MARKET.
Stock quotations
to j :30
p m :
1:30
Prev.
STOCKS— Hieto
i /)W
P M
Close.
Amal. Copper. 78%
77%
78%
77 V.
Am. Beet Sug 29%
29
29%
29
American Can 35*4
85
35
34%
do, pref. . . 97%
97%
9774
97%
Am. Car Fdy. 47%
47%
47%
47%
Am. Cot Oil. 44%
44
44%
44
American Ice. 24%
24Vh
24%
23%
Am. Locomo.. 35%
35%
35%
35
Am. Smelting. 69%
68%
69 >i
67%
Am. Sug Ref. 113%
113%
113%
112%
Am, T.-T. ... 130%
130-4
3 -
130%
Atchison 96%
85%
96
95 1 *
A. C. L 122
122
122
120%
B and 0 96%
96
96 V.
95%
Beth. Steel.. 36%
36
36%
36
B. R. T 89%
89 is
89 %
887,
Can. F’acific.. 227%
224%
227 %
224
Cen. Leather. 24%
24 V*
24%
24
C. and 0 59
58 \
59
58%
Colo. F. and I. 33%
328,
33%
32%
Consol. Gas. . . 133%
133
133
132%
Corn Products. 11%
11%
n%
n%
Erie 29%
29 VS
29%
283*
do, pref. .. 47
47
47
45
Gen. Electric. 145%
145%
145
G. North, pfd. 128
127%
128
127%
G. North. Ore. 35%
35
35
35%
111. Central ill
110%
110%
109
Interboro .... 16%
16
16 V*
15%
do. pref . . 63%
62%
63%
62%
K. C. S.. . . 25%
25%
25%
25%
L. 1 alley. . . 155%
155
1557s
154%
L. and N. . .137
133 j
137
135%
Mo. Pacific . . 30%
30 is
30%
29%
N. Y. Central 98
96 Vi
98
96
N. and W. . . 105 %
105%
105%
105%
No. Pacific . . 11314
112 V.
113%
O. anU W. . . 29%
29%
29%
29%
Penna.... 113%
112%
113%
112%
P. Gas Co. . . 125%
124%
125%
124%
P. Steel Car . 29
28%
29
28
Reading . . . 163%
161«»
163
161%
R. T. and Steel 24%
24 V*
24%
24
do. pfd.... 90
90
90
89
Rock Island . 17%
17%
17%
17
do. pfd.. . . 27%
27 V.
27%
27%
So. Pacific . . 94
93
937s
92%
So. Railway . 24%
24 %
24%
24
St. Paul ... 107
106%
107
106
Tenn. Copper. 33%
337s
33%
33%
Union Pacific. 158%
1541s
157%
164
U. S. Rubber 64
62%
64
62*.
U. S. Steel . 65
63%
'.to.
63%
do. pfd.. . . 109
109%
109%
109%
Utah Copper. 56%
56
56%
55%
V.-C CTiem. . 34%
33%
34
31%
W. Union . . 69
68
68
67
W. Electric . 73%
724.
73 %
72%
MINING STOCKS.
BOSTON. Sept. 12.- Opening: Arizo
na Commercial. 4%; Butte Superior.
34%; Calumet Arizona, 67; Swift. 104%; I
Alaska, 20.
NEW YORK PRODUCE.
NEW YORK. Sept. 12.—Petroleum
firm; crude Pennsylvania, 2.50
Turpentine easier. 41% 042.
Rosin steady; common, 4.20 (bid).
Wool dull; domestic fleece, 24026;
pulled, scoured basis, 33050; Texas,
scoured basis, 46053.
Hides inactive; native steers. 18%0
19%; branded steers. 17%017-%
Coffee steady; options opened 1 lower
to 1 higher; Rio No 7 on spot, 9%
(asked).
Rice steady: domestic, ordinary to
prime. 40 5*’%.
Molasses steady; New Orleans, open
kettle, 34055.
Sugar, raw. steady, centrifugal. 3.76
(bid); muscovado, 3.26 (bid); molasses
sugar, 3.01 (bid).
Sugar, refined, steady; fine granu
lated. 4.6004.80: mold A. 5.15 (bid);
cubes, 4.85(0-5.05; powdered. 4.706/4.90;
diamond A, 4.80 (bid); confectioners' A,
4.65 (bid); softs. No. 1, 4.55. (No. 2 is
5 points lower than No. 1, and Nos. 3 to
14 are each o points lower than the pre
ceding grade.)
Potatoes firmer; white, neary, 1.900
2.50; sweets. 756/2.50.
Beans dull; marrow, choice. 6.40
(asked); pea, choice. 3.756/3.80; red kid
ney, choice, 4.006/4.05.
Dried fruits steady: apricots, choice to
fancy, 12014%; apples, evaporated,
prime to fancy, 6**08%: prunes. 30s to
60s. 86/12; 60s to 100s. 4%07; peaches,
choice to fancy, 66$ 7%; seeded raisins,
choice to Jancy. 6% 07**.
We advise the long side of the mar
ket and favor buying Northern Pacific,
Southern Pacific and United States
Steel. Also Bethlehem Steel and the ac
tive issues of the standard coppers.—E.
E. Clark
* * *
Tactics similar to those of the last day
or two seem likely in the stock market.
—New York Financial Bureau.
• * *
Railroad presidents are fairly opti
mistic as to outlook for railroad busi
ness during remainder of the year
* * *
Twelve industrials advanced .05.
Twenty active rails declined .15.
Atlanta Markets
EGGS—Fresh country, candled, 250
27c.
BUTTER—Jersey and creamery. In
1-lb. blocks. 27%03Oc; fresh country,
fair demand, 15018c.
UNDRAWN POULTRY—Drawn, head
and feet on, per pound; liens 180>19c;
fries, 22%@24; roosters 8010c; tur
keys, owing to fatness, 17019c.
LIVE POULTRY — Hens. 40045;
roosters, 300 35c; broilers 25030c per
pound; puddle ducks, 3O03»c; reams.
35040c; geese, 500 60c each; turkeys,
owing tc fatness, 15017c.
FRUITS AND PRODUCE.
FRUITS AND VEGETABLES—Lem
ons, fancy, $5.0005.50; California or
anges, $5.3505.50; Concord grapes,
16018c a basket; Missouri peaches,
$ 250 2 50 per crate; bananas, 2%03c lb.;
cabbage, l%0 2c per drum; peanuts,
per poi nd. fancy Virginia. 6%01 c;
choice. o%06; beets, $1.750200, in half-
barred crates, cucumbers, $1.2501.50;
eggplants, $1.0001.2> per crate; peppi -
75c0 $1 per crae, tomatoes, fancy, six-
basket crates, 5Oc0$l.lO; onions $1 00
,per bu.; sweet potatoes, pumpkin yams.
750 80c per bu; Irish potatoes, $2.25 per
bag, containing 2% bushels; biro, fancy,
six-basket crates, $1.5001 75
Sugar, raw quiet; centrifugal, 3.76;
muscovado. 3.26; molasses suga:. 3.01
Sugar, refined steady; fine gra»ula?e<l,
4 6004.80; cut loaf, 5.60; crushed- 5.15;
cubes, 4.8505 05; powdered, 4.700 t 90.
diamond A. 4.80; confectioner’s A. 4 65
Softs—No. I 4.55. (No. 2 is 5 points 1. *
ei than No. I and Nos. 3 to 14 are esih
5 points lower tnan the preceding
grade.)
Dotatoes weak white, nearby, 1.850
2.35; sweets, 7502.76.
Beans irregular; marrow, choice, 6 40
06.45; pea. choice, 3.7503.80; red kid
ney, choice, 3.900 4 00
Dried fruits irregular; apricots, choice
to fancy, 12014%; apples, evaporated,
prime to fancy, 6%6/8%: pdunes, 30s to
60s, 7%012; 60s to ICOs, 4V*07; peaches,
choice to fancy, 60 7%; seeded raisins,
choice xo fancy. 607%.
FLOUR ANu GRAIN.
FLOUR — Postell’s Elegant. $7 75;
Omega. $7 00; Carter's Besi. $6.25; Qual
ity (finest patent). $6.35; Gloria (.self
rising). $5.95; Results (self-rising). $5.40;
Swans Down (fancy patent). $6 00; Vic
tory (the very best patent), $6.35; Mon
ogram, $6 00. Puritan (highest patent).
$5.75; Golden Grain. $5.60; Faultless
(finest patent). $6.25; Home Queen
(highest patent), $5.75; Paragon (high
est patent). $5.75; Sunrise (half patent),
$5.00; White Cloud (highest patent),
$5.26; White Daisy (highest patent).
$5.25: White Lily (high patent). $5.65;
Diadem (fancy high patent). $5.75; Wa
ter Lily (patent), $5.15; Sunbeam, $5 00;
Southern Star (patent), $4.75; Ocean
Spray (patent). $5.00: Tulip (straight).
$4.00; King Cotton (half patent), $4.75;
low-grade 98-lb. sacks, $4.00.
CORN—Choice red cob. $1.02; No. 2
white bone dry. 99c: No. 2 white. $1.01;
mixed. 85c; choice yellow, 99c; cracked
corn. 95c.
MEAL—Plain 144-pound sacks. 94c; 96-
pound sacks. 95c; 48-pound sacks, 97c;
24-pound sacks. 99c.
OATS—Fancy white clipped. 59c; No.
2 mixed 56c; white. 58c; red clipped. 57c.
COTTON SEED MEAL — Harper,
$31.0f>.
COTTON SEED HULLS — Square
sacks, $14.00.
SPIEDS—Amber cane seed. $1.00; cane
seed, orange, $1.00; rye (Tennessee) 2-
bu. sacks. $1.10; red top cane seed,
$1.35; rye (Georgia) 2%-bu. sacks. $1.25;
blue seed oats. 50c; Tennessee barley,
$1.00; Texas red rust proof oats, 65c:
Burt oats, 70c.
FEEDSTUFFS.
CHICKEN FEED—Beef scrap. 100-lb
sacks, $3.25; 50-lb. sacks. $1.65: Purina
pigeon feed. $2.40; Purina baby chicle
feed. $2.25; Purina scratch, 100-lb. sacks.
$2.10. 50-pound sacks, $2.00, Purina
scratch bales, $2.30: Purina chowder. 100-
lb. sacks. $2.25; Purina chowder, dozen
pound packages, $2.45; Victory baby
chick. $2.15: Victory scratch, 50-lb
sacks' $2.05; 100-lb. sacks. $2.00; wheat,
two-bushel hags, per bushel, $1.26;
oyster shell, 80c; special scratch, 100-lb.
sacks, $.80. Eggo, $1.85; charcoal, 50-Ib
sacks, per 100 pounds, $2.00
SHORTS Red Dog 98-lb. sacks, $1.86;
Halliday, white. 100-lb sacks. $1.85;
dandy middling. 100-lb sacks, $1.75;
fancy. 75-ib. sacks. $1.85; P. W., 75-lh
sacks. $1.75: brown, 100-lb. sacks, $1.70
Georgia feed. 75-lb. sacks. $1.65; clover
leaf 75-lb. sacks. $1.60; bran, 75-lb
sacks $1.50; 100-lb. sacks, $1 30; 50-lb.
sacks. $1.50; Germ meal. Ilomeo, $1.65.
GROUND FEED—Purina feed, 100-lb
sacks $1.80; Purina molasses feed. $1.76;
Arab horse feed. $1.90; Allneeda feed,
$1 65: Suerene dairy feed, $1.60; Mono
gram, 10-lb sacks, $1.60: Victory
horse feed, 100-lb. sacks, $1 70; A B O
feed. $1.65. Milko dairy feed. $1.65; al
falfa molasses meal. $1.75; alfalfa meal,
$1.50: beet pulp. 100-lb. sacks, $1.65.
HAY -Per hundredweight: Timothy
choice, large bales, $1.30: large light
clover mixed $1.25; No. 1 small bales.
$1.25; No. 2 small, $1.15; No. 1 light
clover mixed, $1.20: alfalfa pea green.
$1.26: clover hay. $1.20; Timothy
standard. $1.05; Timothy small bales, $1;
wheat straw. 7Cc; Bermuda hay. 85c; No.
1. $1.20, wheat straw, 65c; Bermuda hay,
85c.
ATLANTA LIVE STOCK MARKET.
(By W. H. White, Jr., of the White Pro
vision Company.)
Good to choice steers, 1,000 to 1,200
pounds. $5.500 6.50; good steers, 800 to
1,000 pounds, $5.2506.00; medium to
good steers, 700 to 850 pounds, $4,750
0.25.
Good to choice beef cows, 800 to 900
pounds, $4.500 5.50; medium to good
cows. 700 to 800 pounds, $3.7504.75.
Good to choice heifers, 750 to 850
pounds, $4.500 5.50: medium to good
heifers, 650 to 750 pounds, $3.7504.25
The above represents ruling prices of
good quality of beeg cattle. inferior
grades and dairy types selling lower
Medium to common steers, if fat. 800
to 900 pounds, $4.250 5.00; medium to
common cows, if fat, 700 to 800 pounds,
$3.500 4.25; mixed common, 600 to 800
pounds. $2.7503.75; good butcher bulls,
$3,250/4.00.
Prime hogs. 160 to 20 Opounds. $8,350
8.75; good butcher hogs, 140 to 160
pounds. $8.2508.35; good butcher pigs,
100 to 140 pounds. $8.00 0 8.25; light pigs,
80 to 100 pounds, $7.5008.00; heavy
rough and mixed hogs. $7 000 8.00.
Above quotations apply to corn fed
hogs; inast and peanut fattened lc to
l%c under.
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 South Atlantic States the
weather will be fair. In the lower
Lake region and the Ohio Valley the
wtather will be more or less unsettled,
but probably with little or no rain, while
In the uper Lake region the weather
will be fair It will bo warmer to
night in the Atlantic States and some
what cooler in the Ohio Valley and the
Lake region.
There are some slight indications of
the presence of a tropical disturbance
south of Porto Rico and special reports
have been requested
General Forecas 1 .
Forecast until 7 p. m. Saturday:
Georgia -Fair to-night and, Saturday
Virginia Showers to-night or Satur
day; slightly warmer lo-night
North Uarolina Fair, except showers
in extreme west portion to-night or Sat
urday; warmer in the interior.
South Carolina—Fair to-night and Sat
urday. warmer to-night 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; slightlv 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 Saturdaj
East Texas—Rain and cooler in inte
rior to-night; Saturday showers in east
portion: fair in west portion except
showers on roast
West Texas -Fair to-night and .Satur
day, except showers in interior; cooler
to-night In southeast portion.
Buyers of Previous Day Best Sell
ers To-day—Some Covering at
Close Checks Early Pressure.
CHICAGO, Sept. 12. 1-ocal traders
who were the best sellers on the pre
vious day were the best buyers at the
opening of the Board of Trade to-day,
as the result of firmer cables from Liver
pool. due to the bulk df the recent
world's shipment being to the continent.
Prices showed % to % cent over the
previous day’s finish Heavy rains over
the Southwest checked buying to some
extent.
Corn had an easier tone and broke
slightly on the liberal rains over Kan-
suk, Oklahoma, Missouri and Texas, but
met witli good buying support on the
decline
oats fluctuated with corn and had an
easy undertone
Provisions were under some pressure
from longs and declined moderately.
CHICAGO GRAIN MARKET.
Grain quotations
High
Low.
Previous
Close. Close.
WHEAT
Sepl 88
88*4
87%
87%
Dec 91 %
90 %
90*5*
90%
May. . 96
95
96%
95%
CORN—
Sept 75*^,
75
75%
75%
Dec 72%
71%
72%
72%
May . 74%
73%
73%
73%
OATS -
Sept 42
41 A*
41%
41 S
Dec 44%
44
44%
44%
May 47%
46%
47 V
47 *4
PORK —
Sept
21.25
Jan. ... 19.90
19 82%
19.87%
19.87%
Mav. . 20.07%
19.95
19.97%
20.00
LAUD
Sept. ... 11.10
11.07%
11.10
1 1 10
Oct. . 11.17%
11.10
11.15
11.17%
Jan 10.92%
10.87*-:.
10.90
10.95
RIBS—
Sept 1107%
ll.ftd
11.02%
11.07%
Jan 11.50
11.46
11.45
n 52%
May . . 10 65
10.60
10.60
10.65
PRIMARY MOVEMENT.
WHEAT— | ni3
1912
Receipts ....
. | 1.817
.000 j 1
.957,000
Shipments . . .
. ] 824,000 | 1,
,904.000
COKN-
Recelpts .
Shipments
953,000
477.000
796,000
683.000
CHICAGO CASH QUOTATIONS.
CHICAGO, Sept. 12.—Wheat. No. 2
red, 930)94; No. 3 red, 91%092%; No. 2
hard winter. 89090; No. 3 hard winter.
88%%88%; No. 1 Northern spring. 920
93; No. 2 Northern spring. 90092, No. 3
spring. 88%0 89%.
Corn. No. 2. 76076%. No. 2 white. 76%
077; No. 2 yellow. 76% 076%; No. 3.
75% 076%; No. 3 white, 76%076%; No. 3
yellow. 760 76%. No 4, 75(40 75% # ... 4
white. 76%0 7o%; No 4 vellow, 75V*0
75%.
oats. No. 2. 42%; No 2 white. 43% 0 44:
No. 3. 42. No. 3 white. 42% 0 43%. No. 4
white. 42% 042%; standard. 43% 043%.
PORT RECEIPTS.
The following table shows receipts at
the ports to-day compared with the
same day last year:
j 19137" | 1912.
New Orleans . . .
1,763
676
Galveston
15.748
23,342
Mobile. . . . .
617
269
Savannah. . . . .
1 9.844
5.750
Charleston . . . .
1 2.231 !
1,161
Wilmington . . .
736
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
■
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
%<i to %d higher.
Corn opened %d lower At 1:30 p. m
the market was unchanged to %d
higher. Closed %d to %d higher.
CHICAGO CAR LOTS.
Following are receipts for Friday and j
estimated receipts for Saturday:
| Friday. 1 Saturday
Wheat
132 1
97
Corn
473 j
453
Oats
220
206
Hogs. .. .. .. ..
14,000 |
9,000
LIVE STOCK.
CHICAGO, Sept. 12.—Hogs: Receipts,
14,000; market 5c lower. mixed and
butchers. 7.60 0 9.10; good heavy, 8.050)
8.70; rough heavy. 7.36 0 7.90; light. 8.30
09.10; pigs, 5.2508.50: bulk. 7.9o0)8.4O.
Cattle: Receipts, 1,500; market steady;
beeves, *7.2509.10; cows and heifers. 3.25
0 8.30; stockers and feeders, 5.7507.75;
Texans. 6.500 8.00; calves, 9.50011.26.
Sheep: Receipts, 16,000; market
steady; native and Western, 3 0004 60;
lambs, 5.60 0 7.70.
BAR SILVER.
————— •
NEW YORK. Sept 12. -Commercial
bar silver 60%. Mexican dollars, 46c
London bar silver steady at 27%d
Grain Notes
The Chicago Inter Ocean says:
“Sentiment among grain traders last
night was mostly bearish and only a
few traders were able to see any good
on the buying side. Sotne. however,
said that with any further break to
day they would be inclined to buy for a
rally, as sentiment is getting too unani
mously bearish
“Bulls who were found last night
said they thought that rhe selling had
been overdone, and believed that Oo
long side was the safe one on wheat
and corn A g(x>d many of the oats spe
cialists are bearish, the talk about Ca
nadian imports seeming tu have weight
with professionals
“The Government s October crop re
port will be issued Thursday, October 9,
at 1:15 p. m., and will give condition of
corn and the preliminary estimated yield
of spring wheat, oats and barley."
• * •
Wheat and corn are 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.
N. L. Carpenter & Co.
• * *
Chicago, clear, 63: Terre Haute, rain
ing. 68, Ueoria, clear. 65. no rain; Spring
field, cloudy. 65. rained; St. Louis, rain
ing. 65, rained all night; Kansas City,
cloudy. 60; Omaha, clear, 60; Minneapo
lis, clear, 55
* • •
Bartlett, Frazier Company says:
“Wheat—We think some of yester
day’s aggressive sellers will rather re
gret their action.
"Com—As in wheat, the aggressive-
ne«« shown by local professionals yes
terday will probably meet with the same
results in to-day's market, as has been
the ease so frequently of late
“Oats- Wc do not believe in pressing
the short side
“Provisions Look for a higher mar
ket to-day."
"Gee, ain’t it a peach! Couldn’t I speed some if J 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 big red "Georgian Flyer” is on exhibition—the one
just like The Hearst’s Sunday American and Atlanta Georgian /
will give to each boy 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 ears 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.
Pedalmobile 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 he confined to pleasure
alone, but can be put to good use in many different ways. In
some cities carrier boys who have won Pedalmobiles may be seen j
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. i
Polk Dry Goods Store, 29 South Gordon Street; South Pryor Ice f
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 numbeT of boys and girls ouiside of the city of Atlanta ,
have sent in their application blanks and are now working earn
estly to obtain one of the handsome little cars. The Pedalmobile
man will he glad to send subscription blanks to more honest hust
lers who would like to own a Pedalmobile.
Just fill out the application blank below and full particu- /
lars will be mailed you at once. f
/
APPLICATION BLANK
Pedalmobile Department of the Hearst’s Sunday American and
Atlanta Georgian.
20 East Alabama St., Atlanta, Ga.
I am interested in your free Pedalmobile offer and am determined to win
one if my application is accepted. Please send blanks and full particulars.
Name
Street
City «».».,,..... «....
Recommended by
\