Newspaper Page Text
TTTF! ATT ANT A OFORdTAN AND NTEWS.
17
ty.*
STEADIES CHOI
Texas Rains and Low Cables Are
Cause of Early Dip—Spot
Houses Buy.
COTTON GOSSIP
NWW YORK, Sept. 12.—Weak cables
fcnd a let-up In the demand from the
ipinners caused the cotton market to
►pen weak to-day and first 'prices were
fct 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
t»rlces had sold some 3 to 6 points higher
than the opening quotations the de-
tllne was widened 17 to 21 points
through a general liquidation movement
fed by the ring and brokers acting ap
parently for Wall Street. There was
Uso considerable realizing sales
Habersham King’s latest circular as
to the condition of the crop since the 1
last census report was considered very
favorable, which, of course, had Its usual
epressing effect on the market In
ddltion to this the weather map shows
avorable conditions over night with in-
llicatlong pointing to further rains In
B eede sections. Good rains fell over
entire ufcouth stricken area and in
tome sections complaints are current i
►f too much moisture and doing dam- ,
kge to the gr»iue.
After thq call the list steadied through
ictlve buyi ig by spot houses and shorts
who took advantage of the early low j
level, resulting in prices climbing back j
to the openlr g range.
On the bulge the market found good
fupport from brokers who usually rep- !
resent spinners and the largest * spot ]
Interests. This, with the expectation i
pf a bullish week-end statement, had a i
Stimulating effect and prices gradually
retrieved the Initial decline and had
Uie appearance of climbing the latter
Still higher before tfre close. However,
sentiment continues bearish on the be
lief that the Southwestern rains will
Increase the yield In that section and
'ear that the actual will be of heavy
weight soon.
Meanwhile the market Is subject to
news from Washington relating to the
:;otton tax "bill and anything favorable
or unfavorable would in all probability
S 4iuse aulck changes. News from the
White House to-day is practically nil.
OAST ADD COTTON LEAD
Report of storms In Texas was circu
ited during the afteronon session to
ftffeot 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
further 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
ibarply and the close was steady with
prloes net unchanged to 4 points lower
than the closing quotations of Thurs-
^^followlng are 11 a. m. bids In New
fork: 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,
Lt.73; January, 12.76; March, 12.86.
Estimated cotton receipts:
Saturday. 1912.
I1W Orleans .. 1,800 to 2,100 895
□alveston .......22,500 to 24.50* 18,751
RANGE IN New YORK FUTURES
i
i
i
o
C
<*
o
*!
o
X
J
-Jcn
o
ao
b. [12.39'12.88'12.85112.80
12.85jl3.02 12.77|12.96
12.80 12.92 12.
12.67|12.00 12.
ft>
ITr. 12.74 12.9112.
\p. 112.73 12.73 12.'
Uy '12.81 12.96 12.
In. 112.80 12.84 12.
y |12.84jl2.95il2.
Closed steady
67 : 1 2.88
00T2.78 12.7'
. .... 12.78
6812.88
3 12.73
75 12.93
80 12.84 12.94
80112.00 12.94
96 12 96-97
97 12.97-98
90 12.88-90
89 12.89-90
•7812.79-80
80 12.80-83
12.87-891 J2.89-90
12.93
12.96
12.88
12.88
12.92-93 12.95-96
96 12.97-99
96,12.98-99
HAYWARD & CLARK’S
DAILY COTTON LETTER.
NEW ORLEANS, Sept. 12.—T^*a* and
>klahoma papers are jubilant over the
reneral rainfall, and there are already
hany reports of an Improved crop out-
'ook. While the grade Is Injured in
[daces the cotton is not lost some re
ports of blooms, plant recuperating, an^
r.ith an open fall, considerable increase
in yield expected. The weather map
ihows cloudy and general rains in the
Ivestern half of the belt, generally fair
ind no rain In the eastern half. Indica-
tations are for clearing and cooler
Kreather 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
[he week-end. Increasing cloudiness in
he Atlantlcs. It will become consider
ably cooler over the northern half of
[he belt, but not injuriously so. and the
tool spell will be of short duration.
Liverpool show's distinct weakness
E th futures about seven points lower
an due. spots 12 points down; sales,
100. „
First trades here were at a decline
•f about 10 points, followed by further
weakness, December selling to 12.67 in
[he first hour. The market depends on
[he support of the leaders, otherwise, It
s Inclined to liquidation on better crop
jews from the West; Increasing weight
jf crop slack spot demand and techni
cal conditions. More hopeful news from
Washington would at all times have a
itlmulatlng effect. #
c
o
a
O
z.
ra
X
J
o
J
ast
Sale.
V
1
O
Prev.
Close.
■ ..
12.64
12.78
12.80
12.9l
13.00
12.84
12.94
12.97
13.08
13.16
12*. 59'12.81; 12.81 - 82 12.78- 79
87-88
90-91
87-89
00-01
09-10
. . . . .'12.85-91,12.1
12.69 12.92T2.92-93-12.1
12.73T2.95|12.94-95112 f
| . . . . !12.9t-93|12.1
12.84 ! 13.06113.05-06 13.(
12.95jl3.15:13.13-15|13.(
Closed barely steady.
LIVERPOOL COTTON MARKET.
LIVERPOOL, Sept. 12.—Due 3% to
<2 points lower, this market opened
eady 8 to 9 points lower. # \t 12:15
m the market w’as quiet 7 to 9^
lints lower. Later the market declined
<2 points from 12:15 p m.
Spot cotton 12 points lower; middling
>9d; sales 8,000 bales. Including 7.200
merican. . ^ ...
At the close the market was easy with
Ices at a net decline of 12H to 15V6
,inti from the final quotations of
Futures opened quiet and
Opening
Range 2 P.M.
. 7.06 7.04
. 6.93 6.91H
. ^.87 6.85V6
. 6.82 6.79
6.81i* 6.79
reptember
•ept.-Oct. .
ot.-Nov. . .
'OV.-Dec. .
•ec.-Jan. .
in.-Feb. .
eb.-Mar. .
ar.-April .
pril-May. .
ay-June. .
ine-July. .
t ily-Aug. .
Closed easy
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.
Prey.
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%
money exchange. t
V YORK, Sept. 12.—Money on call,
, 3 ner cent. Time money un-
»d- sixty days. 4 to 4% per cent;
days 4% to 4% per cent; six
s 5 per cent.
ed rates: Sterling exchange 4.83
with actual business in bank-
11s at 4.8570 to 4.8575 for demand
8240 to 4.8250 for slxtv-day bills,
ie mercantile paper unchanged.
NEW YORK. Sept. 13 -^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 effect, and brought out sell
ing by the ring speculator and scattered
liquidation. On the decline, however,
the mafket 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.”
v • •
The market sold off yesterdav In the
afternoon and on constant selling by
Schlll, 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 side 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 Rior-
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 bill would be in
conference two or three weeks.
• * •
The stock In cotton In the New York
warehouse ia 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
Demqerata 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 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
lantlcs. ”
• * * *
Rainfall: Amarillo, .52; Oklahoma
City, 1.04; Abilene, raining, 1.24; Fort
Worth, raining, 2.26; Taylor. .18; San
Antonio, .24; Corpus Christ!. 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 States follows: Arkansas.
900,000; Alabama, T,500,000; Florida, 68.-
000; Georgia. 2,250.000; Oklahoma, 876,-
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 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 from their be
lief that the‘rains will start the Western
plant growing again, and tnat a top crop
of Importance is noy probable.
“It is a fact that the privaif 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
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, Schlll arid Wilson were heavy
sellers to-day.
Habersham King’s latest report says:
‘To September 7 there have been no
changes of consequence since tLe last
Bureau report. The drouth sctlons of
Texas and Oklahoma are in my opinion
beyond deterioration or Improvement,
while 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 w'hat chances there
might be for a second grow'th In the
southern half of Texas. Since the 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
linger, 60-; Brenham, .98; Clarendon, .10;
Columbus, 1.98; Corpus Christl, 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, .32; Sherman, 1.26; Taylor. .18;
Temple 1.50; Valley John. 2.00; Waco,
4 80; Waxahachie, .30: Weatherford,
1.04; Dardanelles Ark., 1.30; Pine Bluff.
1.40; Alva Oklal, .40; Tulsa, 1.40; Ard
more, 1.00; McAlester, 1.00; Marlow, 1.00;
Bartlettsvllle, 2.40; Chlckasha, 2.80; Hol-
denville, 2.70; Muskogee. 1.20; Shawnee,
1.30; Lawton, 3.70: Amitel, .76.
• • •
In a booklet Just off the press bear
ing the title “Statistical History of the
American Cotton Crop.” James J I^ea. a
New* Orleans statistician, presents a suc
cinct and comprehensive statement cov
ering all salient points In connection
w’ith 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.
Henry G. Hester, the world’s accepted
authority upon such matters, assisted
Mr. Lea.
MINING STOCKS.
BOSTON, Sept 12.—Opening: Arizo
na Commercial, 4%; Butte Superior.
34^ ; Calumet Arizona, 67; Swift. 104%;
Alaska, 20,
E
IS HEADED BIU.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 raciflc
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 1V4-
Some traders professed to see evi
dences of accumulation which la gradu
al y decreasing the floating supply.
They argue that astute buyers ars look
ing fo the future for a better market,
now that the tariff Is about out of the
way, peace Drevalls In Europe and rela
tions with Mexico seem growing bet-,
ter.
A rood deal of Importance was at
tached to the advance In London of
Southern Pacific, which was followed
here by a gain of
Among th^ other stocks which made
advances were: Amalgamated Copper,
Utah Copper, %; United States Steel
common, %; Southern Paclflo Transfer
Certificates, %; Southern Pacific, %;
Ray Consolidated Copper. %; Reading.
%; People’s Gas, %; New York Central,
%; GeneraJ Electric, %; St. Paul, %;
Baltimore and Ofclo, %; 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 \56%. There was
an extra demand for Southern Pacific
at 94. against 92%. Canadian Paclflo
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. Cal! money loanea at 2%.
Speculative sentiment In the last
hour centered In Union Pacific. This
stock, which w»s the most active on the
list, »old 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 noon 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.
St jBr quotations:
STOCK—
H!*h.
Amal. Copper.
Am. Agrricul..
79 H
Am. Beet Bug.
29%
American Can
35%
do, pref. . i
97%
Am. Car Fdy.
47%
Am. Cot. OH...
<414
American Ice
24%
Am. Locomo..
36
Am. Smelting
69%
Am. Suf Ref.
114%
Am. T.-T
Am. Woolen..
1*0%
Anaconda ....
89%
Atchison ....
96%
a. a l.
122
B. and O
96%
Beth. Steel...
36%
B. R. T.
89%
Can. Paclflo. .
227%
Cen. 'Leather.
24%
C. and O
60
Colo. F. and L
Colo. Southern
34
Consol. Gas..
138%
Corn Products
11%
D. and H
Den. and R. Q.
....
Distil. Seour..
Eiio
29%
do, pref. ..
47
Gen. Electric.
147
G. North, pfd.
128
G. North Ore.
G. Western...
35%
Ill. Central...
111
Interboro ....
16%
do, pref. ..
63%
Int. Harv (old) .*
Iowa Central..
K. C. S.. . .
M.. K. and T.
22%
do. pfd.. . .
L. Valley. . .
156%
L. and N. . .
138
Mo. Paclflo .
30%
N. Y. Central
93%
Northwest. . .
xNat. Lead. .|
....
N. and W. . .
105%
No. Pacific .
113%
O. and W. . .
.29%
Penna
Pacific Mall .
113%
P. Gas Co. . .
125%
P. Steel Car .
29
Heading . . .
163%
R. L and Steel
25
do. pfd.. . .
90
Rock Island .
17%
do. pfd.. . •
27%
S.-Sheffield. .
So. Pacific . .
94%
So. Railway .
24%
do. pfd.. . .
St. Paul . . .
107"
Tenn. Copper.
33%
Texas Pacific.
Third Avenue ....
Union Pacific 159%
U. S Rubber. 64
U. S. Steel . . 66
do. pfd.. . . 109%
Utah Copper . 56%
V. -C,v Chem. . 34%
Wabash
do. /Sfd..
77%
78%
77%
48
46%
29
29%
29
36
36% *
34%
97%
97%
97%
47%
47
47%
44
44
44
24%
24%
23%
85%
86
35
68%
69%
67%
113%
114
112%
130%
130%
130%
17%
17%
39%
38%
38%
95%
95%
95%
132
122
120%
96
96%
95%
86
36%
36
89%
89%
88%
224%
222%
224
24%
24
24
68%
69%
58%
32%
33
32%
29
29.
133
132%
132%
H*
11%
11%
....
169
168
....
19%
19
....
12%
12%
29%
29%
28%
47
47%
46
145%
146%
145
127%
127%
127%
35
35%
33%
13%
13
'll0%
110%
109
16
16%
15%
62%
63%
62%
108%
108
7
7
25%
25%
22%
22%
22%
57%
57
155
155%
154%
136%
137
136%
30
30%
29%
96%
97%
96
128%
128
46%
46%
105%
105%
10^%
112%
113%
29%
29%
29%
112%
113%
112%
21
124%
125
124%
28%
28%
28
161%
163%
161%
24%
24
90
89
17%
17%
17
27%
27%
27%
34
32
93"
94
92%
24%
24%
24%
79%
78%
106%
106%
106
23%
33%
33%
16
15
40%
38%
154%
159%
154
62%
63
62%
63%
64,%
63%
10'.i%
109%
109 %
55%
56
55%
43%
33%
31%
4%
12%
W. Uiftion . . 69 68 67%
W. Maryland 40
W fifectrlo . 73% 72% 73%
49%
\V.
N
4%
11%
67
39%
72%
49
YORK COFFEE MARKET.
| Opening.
Closing
January
8.74@8.77
8.73@8.75
February
8.W&8.86
8.80($8.85
March
8*4
8.92@8.94
April
8.95@9.00 •
8.99@9.00
May
9.O5@J».07
9.05($H 06
9,10@9.15
9.11 @9.13
July
9.15
9.17@ 9.18
August
9.17
• 9.17@9.18
September. . . .
8.48@8.oO
October
8.45
8.48 @ 8.50
November. . . .
8.55
8.55@8.57
December. . . .
8.66
8.65 @8.66
Closed steady. Sales, 67,250 bags.
COTTON SEED OIL.
j Opening, i Closing.
Spot. . . ...
7 65(2
8 02
September . , #
7.75@7.79
7.81<j;
} 7.90
October . . , ,
7.4467.45
7.43(2
f 7.45
November • • . .
6.90@6.91
6.90 (?
U 91
December. • • •
6 90@6.92
6.90 (E
i6.92
January ....
6.89@6.90
6.90d
16.92
February . • •
6.90(36.93
6.93<
z 6.95
March ....
7.03 @7.04
7.0b Cf
f 7.07
April ....
7.06@7 12
7.08t
J715
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
114,9§6 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 year and an Increase of 42,000 bales
In 191L
The total visible supply of American
cotton Increased 93,96t> bales, as com
pared with an Increase of 99,832 bales,
against an Increase of 126,977 bales the
year before.
World’s vlslb’s supply:
191371 1912 !
American .... 11,193,23511,446.564 1
Other kinds...! 953.000 812,0001
To., all kinds. !2,146,235*2,258,554 1
mi
,011,944
686.000
,697.944
World’s spinners’ takings;
1913
1913
For week.
Since Sept.
7771 181.0001 164.000'
1. 317,0001 281.0001
1911
200.000
200.000
Movement Into sight, week:
1913
1912
1911
O’erland. w'k.
Since Sept. 1.
In. sight, w'k
Since Sept. 1..
So. consump...
2.730)
454,851 .
296.328'
434,861
45.0IW
1.504
540,413
876.7001
40.0001
2.128
271,962
411,955
85.000
Weekly interior movement:
1913 |
1912 1
1911
Receipts
172.023'
155,244
185,977
Shipments ...
138.794)
133,658
158.775
Stocks
155,303!
162,728
140,97'<
Weekly exports:
1913 |
1912 T
1911
For week ..[
96.954
61.589
:
Since Sept. 1.
| 229.4011
128.081
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 poe-
slble efTeot of the bill has already
been discounts, 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 paBt
week are estimated at somewhat more
than 3,000,(HX> 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:
1918. 1912.
Domestic 5,602.350 8,437,977
Foreign 2,012,516 2,117,060
Totals 7,614,866 10.655.027
Total receipts of 7,614,866 pounds,
compared with 7,115.454 the preceding
week, of which 6,933.808 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 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 receipts at
the ports to-day compared with the
same day last year:
1913.
1912.
New Orleans . . .
1,763
676
Galveston
15,748
23,342
Mobile
617
269
Savannah
9.844
6.750
Charleston . . . .
2,231
1.151
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
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, tirm; middling 12 7 / 8 .
Mobile, steady; middling 12%.
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 Jn 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
I^ake region and the Ohio Valley the
weather 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 be 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 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 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—F'air 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*
rlor to-night; Saturday showers in east
portion; fair In west portion except
showers on coast.
West Texas- F’air to-night and Satur
day. except showers 1n Interior; cooler
to-night In southeast portion.
NEW YORK PRODUCE
NEW YORK, Sept. 12.—Petroleum
firm; crude Pennsylvania, 2.50.
Turpentine easier, 41Vfc@42
Rosin steady; common, 4 20 (bid).
Wool dull; domestic fleece, • 24@26;
pulled, scoured basis, 38@50; Texas,
scoured basis, 46@53.
Hides Inactive, native s*eers, 18V4@
19%; branded steers, 17%#:7%.
Coffee steady; options opened 1 lower
to 1 higher; Rio No. 7 on spot. 9%
(asked).
Rice steady; doinestlo, ordinary to
prime, 4@5%.
Molasses steady; New Orleans, open
kettle, 34@66.
Sugar, raw, steady; centrlfuga 1 , 3.76
(bid); muscovado, 3.26 (bid); molasses
sugar, 3 01 (bid).
Sugar, refined, steady, fine granu
lated. 4 60@4.80; mold A. 6.16 <bid);
cubes. 4.85@5.06; 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.)
E
Corn Failed to Get Much Above
Previous Day’s Close Despite
the Bulge in Wheat.
8T. LOUIS CASH QUOTATIONS.
Wheat—No. 2 red 94%®95
Corn—No. 2 75%
Oats—No. 2 48
CHICAGO, Sept. 12.—An excellent de
mand for caRh 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.
Corn failed to get much above the
previous day's finish, despite the bulge
in whlat Cash demand was fair and
shipping sales 225 000 bushels. Oats
showed fair strength and closed % cent
lower to % cent higher.
Provisions had a narrow range.
CHICAGO GRAIN MARKET.
Grain quotation*:
High. Low.
WHEAT—
Sept
88
8814
Dec
91%
90 Vi
May
96
95
CORN-
Sept. ...,
. 75%
75
Dec
72%
71%
May
74 %
73%
OATS-
Sept
42
41%
Pec
44H
44
May
47%
46 %
PORK-
Sept....
19.82V4
Jan....
i 9.90
May ...
20.07H
19.95
LARD
Sept....
11.10
11.07%
Oct....
11.17%
11.10
Jan....
10.924
10.87 H
RIBS-
Sept. . . .
1197%
11.00
•Tan
11.50
11.45
May....
10.86
10.60
Previous
Close. Close.
87% 87%
90% 90%
95% 95%
75%
72%
73%
41%
44 %
47%
19.87%
19.97%
11.10
11.15
10.90
75%
72%
73%
41%
44%
47%
21.25
19.87%
20 00
11.10
11.17%
10.95
11.02% 11.07%
11.45 11 52%
10.60 10.65
PRIMARY MOVEMENT.
Enthusiasm IsRunningHigh
in Pedalmobiie Contest
Wheat—
Receipts
Shipments . f # ,
1X13
1,817.000
824,000
1912
1,957,000
1,904.000
O'H'r 1 i
Receipts
Shlpjpients ....
953.000
477,000
796,000
683,000
CHICAGO
CAR LOTS.
Following are receipts for Friday and
estimated receipts for Saturday:
- 1
Friday, i Saturday
Wheat
Corn
OatS. .. .ri .. ..
Hogs
. 132
473
220
14,000
97
453
206
9,000
CHICAGO CASH QUOTATIONS.
CHICAGO, sepi
red, 93@94; No. 3 red, 91%<& : 92%; No. 2
hard winter, 89(0)90; No. 3 hard winter,
88%%88%' No. 1 Northern spring, 92@
93; No. 2 Northern spring. 90($92; No. *3
spring. 88%®89i*
Corn, No. 2, 76@764; No. 2 white, 76%
@77; No. 2 yellow, 76%@>76U; >fo. IT !
7o'V 4 @76H; No. 3 white, 76%@76\,; No. 3
yellow, 76@76%; No. 4. 7Bi4@75%; *o. 4
white, 76%&76%; No. 4 yellow, 76%<3>
75%.
Oats, No. 2, 42%; No. 2 white, 43%($44: |
No. 3. 42; No. 3 white, 42%<&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, 75%; No. 3, 75; No. 2
yejlow, 75%@76; No. 3 yellow, 7ft; No. 2
white, 76%@76%; No. 3 white. 7o@75%.
Oats: No. 2, 43%; No. 3, 43%; No. 4,
41%@42; No. 2 white, 44%; standard,
44@44%; No. 8 white, 4.T%($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.
Com opened %d lower At 1:39 p. m.
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; pigs. 5.25@8.50: bulk, 7.95@8 40.
Cuttle: Receipts, 1,500; market steady;
beeves, 7.25*1 9.10; cows and heifers, 3.25
@8.30; stookers and feeders, 5.75@7.75;
Texans, 6.50@8.00; calves. 0 60@11.26.
Sheep: Receipts, 16,000; market
steady; nntive and Western, 3.00@4.60;
lambs, 5.60@7.70.
Grain Notes
The Chicago Inter Ocean says:
“Sentiment among grain traders last ‘
night was mostly bearish and only a
lew traders were able to see any good |
on the buying side. Some, however, ,
said that with any further break to- i
day they would be Inclined to buy for &
rally, as sentiment la getting too unanl- ;
mously bearish
“Bulls who were found last night |
said they thought that the selling had
been overdone, and believed that the
long side was the safe one on wheat
and corn A good many of the oats spe
cialists are bearish, the talk about Ca- j
nadlan Imports seeming to have weight i
with professionals
“The Government’s October crop re
port will be issued Thursday, Oct oner 9 !
at 1:15 p m., and will give condition of
corn and the preliminary estimated yield i
of spring wheat, oats and barley.”
• • *
Wheat and corn are In a trading area.
—New York Financial Bureau.
* • •
At the moment the cofTee market
promises to show only Jimlted fluctua
tions, pending further developments In
crop conditions, but we think further de
cline will meet with rfiore resistance.— i
N. L. Carpenter & Co.
• * •
Chicago, clear, 63; Terre Haute, rain- 1
lng. 68; Peoria, clear, 65, no rain; Spring-
field, cloudy^ 66. rained; St. Ix>uls, rain
ing. 65, rained all night; Kansas City,
cloudy, 60; Omaha, clear, 60; Mlnneapo- j
11s, clear, 66.
• • •
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
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
the short side.
“Provisions—Ix>ok for a higher mar
ket to-day ”
METAL MARKET.
NEW YORK, Sept. 12.—The tone was
firm at the meta market to-day. Cop
per, spot to November, 16%; lead. 4 65*;
4.85; spelter, 6 85@5 95; fin. 42.25@42.50.
BAR SILVER.
NEW YORK, Sept. 12.—Commercial
bar silver 60%. Mexican dollars. 16c. i
London bar silver steady at 27 %d. j
“Gee, ain’t it a peach! Couldn’t I speed_8ome 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 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 cars and receive the Charter Membership
Certificates to the Atlanta Pedalmobiie 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.
Pec^almobile 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 Pedalmobiie 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 boys 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 ears’are now on exhibition in the window of O. C.
Polk Dry Goodf.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 Pedalmobiie
man will be glad to send subscription blanks to more honest hust
lers who would like to own a Pedalmobiie.
Just fill out the application blank below and full particu
lars will be mailed you at once.
APPLICATION BLANK
Pedalmobiie Department of the Hearst’s Sunday American and
Atlanta Georgian.
20 East Alabama St., Atlanta, G&.
I am interested in your free Pedalmobiie offer and am determined to win
one if my application is accepted. Please send blanks and full particulars.
N&ZQ8 *r««
»•-»•«•#
Street .»• •«•••«»•«»•«•>•»• • -• • •«
City
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