Newspaper Page Text
15
THK ATLANTA tiTOKUJAW AM) NEW IS.
real estate for sale.
REAL ESTATE FOR SALE.
REAL ESTATE AND
CONSTRUCTION NEWS
$40,000 Price Paid
For Lease 20 Years
1 Bachelors' Domain of Jasper N.
Smith To Be Renlvated—New
Road Saves a Mile.
INTEREST GALORE
More Than
ioo MEN
have been on the F. M.
Stocks
Terminal District
Property in
Three
Days
“There is a reason.”
It is a great district.
One-tenth developed,
growing* in value, just the
time to buy.
Come to the Auction De
cember 12.
io A. M.
EDWIN P ANSLEY
FORREST & GEORGE
ADAIR
An important lease announcement
I concerning property 200 feet from the
Candler Building- was a feature of
Wednesday's real estate news.
The Bachelors' Domain, at No.
105 1-2 North Pryor street, owned by
Jasper Newton Smith, has been leased
for twenty years to J. D. Rembert for
an aggregate rental of approximately
$40,000, or at the rate of about $2,000
a year. C. G. Aycock, manager of
the renting department of the Charles
P. Glover Real Estate Agency, nego
tiated the lease.
Mr. Rembert will make alterations
and continue the establishment as a
bachelor apartment house. Possession
will be given January 1. There are
44 rooms.
The Bachelors' Domain was btiilt
many years ago by Mr. Smith, who
has since made his home there. It Is
five stories. The lot has a very nar
row frontage on North Prvor street,
about twelve feet. Mr.. Smith’s most
valuable property is now under lease,
E. W. Alfriend having taken the
House That Jack Built, Peachtree and
North Forsyth streets, several years
ago for 99 years.
Hines Warehouse Rented.
Mr. Aycock, of the Glover agency.,
also announced the lease of the third
REAL ESTATE FOR SALE.
j^harp & j^oylston
NORTH SIDE APART
MENT.
Situated in one of the best resi
dent sections of the North Side we
have a two-story brick apartment
consisting of flats. Has every mod
ern convenience, vapor heat, gas
range and sleeping porch with each
apartment. Rents for $2,880 per
year and has never been vacant a
day since it was built. Price $20,000,
on your own terms; no loan.
TERMINAL SECTION.
In less than one block of Terminal
Station we can sell you a piece of
property for 50 per cent less than
anything else in this section. You
can make a clean-up here. Nothing
else In the city to compare with it
in the way of a speculation.
Don’t phone, but see us in person.
» floor of the warehouse at the corner
' of Tyler and Lambert streets for four
years to the United Box and File
Manufacturing Company, at a price
which is withheld. The concern gets
13,000 square feet of floor space. Judge
J. K. llines owns the property.
Third Lease Reported.
Asa G. Candler, Jr., has leased for
the Candler corporation a ground
floor space in the Candler Building
Annex, No. 104 North Pryor street, to
the English Woolen Mills Company
This concern has asked permission of
the Building Dep*Crtment to erect
signs costing nearly $100, under the
Massengale Bulletin System.
Road S^ves Great Distance.
Andrews avenue, the new road being
cut through from Peachtree road to,
Pace’s Ferry road at a point three- ,
quarters of a mile north of Peach
tree Creek, will soon be ready for
paving, and promises to be one of the
best thoroughfares in the county. A
particular advantage which this road
will have will lie in the fact that it
saves nearly a mile to town for the
Pace’s Ferry road colony, who now
travel around by way of Buckhead.
The cost of the grading and inci
dental work is about $15,000. The
Peachtree Heights Park Company has
done about 2,800 feet through its
property, and John W. Grant has fin
ished the other link of 2,900 feet
through his property. Several new
homes are about to start building on
this thoroughfare. The entrance at
Peachtree road is 150 feel wide, and
the direction Is such that Andrew's
avenue is practically a continuation
of Peachtree.
Land Concern Organized.
Atlanta is soon to have another big
land corporation, formed for the pur
pose of developing private tracts and
engaging in kindred enterprises. This
i is the Norman-Moody Land Compa
ny. which has petitioned the Supe
rior Court for a charter.
’Pile incorporators are S. R. Moody
And O. 8. Hoegstedt, of .Chicago, and
Hughes Spalding, E. Marvin Under
wood and Albert Thornton, of At
lanta. The capital stock will be $200,-
I t*00. King, Spalding & Underwood,
; attorneys, filed the petition.
Realty Men Subscribing.
Real estate men and firms continue
to subscribe liberally to the fund for
the refunding of Oglethorpe Uni
versity at Silver Lake. Among recent
subscribers are W. H. S. Hamilton,
$25; the Martin-Ozburn Realty Co.,
$10; John Grice, $5; R. D. Dorsey, $30;
G. W. Corley, $25; T. M. Turner, $25;
J. G. Murphy, $25; T. A. Gumm, $25;
V. R. Mokler, $20; John H. Holland,
$25; Eugene Anderson, $25; S. A.
Givens, $25; E. P. MeBlroy, $25; J. G.
Reeves, $25; W. L. Cline, $25; A. L.
Bagwell. $25; James Kopp. $25; F. H.
Bottenfteld, $25; G. B, Everett, $25;
M. C. Bottenfleld, $25; R. P. Thomp
son, $10; John Henry Bottenfleld, $25;
J. R. Cathey, $10, and others.
Charles P. Glover and other leading
realty men have given good sums,
and it is probable that the heads of
some of the largest firms will an
nounce soon heavy subscriptions.
DeKalb County people are lending
their support. There in W. H. S.
Hamilton, for instance, who lives in
Decatur and makes most of his money-
in Atlanta r r ’ estate. Silver Lake,
where the University is to be located,
is in DeKalb County. The shortest
route to town is b ,r way of Cheshire
Bridge road and Piedmont avenue.
Warranty Deeds.
$40.000—Adelaide L. Adair to Atlanta
Development Co., lot 621 by 740 feet,
southwest side of Highland avenue, 738
feet south of Virginia avenue. March
18. 1911.
$100—Mamie S. Howell to James Mc
Donald, lot 5 bv 40 feet, at a point
39 feet north of Miller's alley, which
runs east and west between Haynes
and Davis streets. December 3.
REAL ESTATE FOR SALE.
REAL ESTATE FOR SALE.
Homes for Colored People
WE HA“VE several good houses for sale in Rockdale Park, a
settlement near Inman Yards, just off Marietta street.
WE SELL these houses on easy terms; small cash payment,
balance like rent.
A FIVE-ROOM house, lot 200x140, for $1,200.
A FIVE-ROOM house, lot 50x140, for $000.
A FTVE-ROOM house, lot 100x140, for $1,100.
A THREE-ROOM house, lot 50x140, for $500.
Forrest & George Adair
| $7,000 -Charles 8 and Walter S. Robi
son to Miss Ada Perrine. lot 50 by 45
by 47 by 160 feel, east side of Marietta
street, at southwest corner of Roberta’
property, and runs through to Plum
street June 7, 1912.
$2,000—(1. \\ Rosson to .1 M. Ayers,
lot 39 by 116 feet on southwest side of
Confederate avenue, 320 feet northweal
of Ormewood avenue. December 2
$100 Sttllle F. Griggs to Arthur Tiiur
man, lot 50 by 150 feet, north side
of Moury avenue, 120 feet west of
Jonesboro road. November 21.
$500 Security Investment Company to
Angeline Miller. No. 65 Pelbridge street,
40 by 81) feet February 14. 1911.
$5w—Mary L. Stranahan et al., to
M. W. Johnson, lot 38 by 95 feet, east
aide of Chestnut street, 296 feet north
of Greensferry avenue. June 16.
$1,600—James L. Campbell to T. W.
Geissler, No. 5 Woodson street, 38 by
79 feet. December, 1913.
$5,550 Mrs. Anna Belle Jones to Mrs.
Ethei Toy Umar, 27 acres on north
side of Pace’s Ferry road, land lots 158
and 169, Seventeenth District. Novem
her 11.
$150 H. S. Berry to W J. Berry, lot
50 by 120 feet, north side of Francis
avenue, 260 feet west of Randall street,
Last Point. July 30. 1912.
$150—D. C. Lyle to II. S. Berry, same
property. July 24, 1912.
$1,800 -T M. Word to J W. Hurt, 26
acres on diagonal line between southeast
and northwest t urners of land lot 202,
Fourteenth District. June 2.
| $3.1 S5 R. Let* Walker to W. E. Wdr*
iey, 7.87 acres on southeast side of
Cheshire Bridge road, land lot 50, Sev
enteenth District. November 26.
$5,000—Ebenezer Baptist Church to 1
C. Butler et al., lot 60 by 102 feet,
northwest corner of Gilmer and Bell
streets. November 10.
$1,620—Mutual l.#oan and Banking
Company to T. K Downs, lot 24 by
95 feet, north side of Powers street, be
tween Lovejoy and orm© streets. No
vember 12.
$1,500 -D. B. Kedrick to S. P Coal
son, lot 50 by 180 feet, east side of Law-
ton street, 225 feet north of Luclle ave
nue. _November 20.
$137—W. C. Harper to I. Silverman, lot
38 by 194 feet, west side of Mathewson
street, 235 fet north of Battle Hill ave
nue. November 13.
$275—Estate of W. M. Weathers (b>;
administratrix) to same. Same proper
ty. November 12.
$130—Westview Cemetery Association
to C. T. Standard, lots 562 and 563, sec
tion 12. October 14
$1,650—Charles F. Rice to Miles M.
Bullard, lot 94 by 100 feet, northwest
corner Hemphill avenue and Gallatin
street. November 28.
$2.109—Jefferson Park l>and Company
to William A. Fauss, lot 100 by 175 feet,
northeast side Bryan avenue. 150 feet
southeast of Martin street. July 16
$430—Cobbs Land Company to West
Lumber Company, lot 50 by 245 feet,
west side Newman avenue. 100, feet
southeast of St. Joseph street. January
6, 1910.
$1,000—Mrs. I. J. Randall to Mrs. Sal-
lie S. Dickens, lot 80 by 120 feet, east
side Sylvan avenue. 270 feet south of
Haygood street December 2.
$2.850—Mrs Ola W. Hudgins to A. L.
Ward, lot 40 by 90 feet, north side
Glennwood avenue. 125 feet east of
Grant street. June 28. 1911.
$9,000—Peters Land Company to Cator
Woolford, lot 105 by 195 feet, southeast
comer Juniper and Fourth streets. De
cember 1.
FEATURELESS D AY L. & N. GOES UP ON iGEREftLS JUMP ON
STATEMENT LUTE ABSORPTION
Auburn Ave., Near Ivy Street
72 BY 196 FEET, or 14.112 square feet; Ideal location for manufacturing
plant or garage; buildings on the property will pay rental for all taxes
and expense; $30,000 on terms. See us.
RENTS $13.20— PRICE, $1,200
COLORED INVESTMENT.
DOUBLE HOUSE, three rooms to side; city water and sew’erage. sidewalk;
will make you easy terms also.
THOMSON & LYNES
18 AND 20 WALTON ST.
PHONE IVY 718.
FOR SALE BY
GR ERNE
REAL T Y
COMPA NY
314 EMPIRE BLDO.
FORREST AlKNl'K HoME.
TWO-STORY; eight rooms; all conven
iences; on lot 50 by 150; very near in;
only $6,500. Terms.
15 PER CENT INVESTMENT.
TWO-8TOKV eight-room slate-roof
dwelling, with two two-room cottages
in rear; spend $200 4n repairs and you
will have good 15 per cent investment.,
only *2.700; terms.
REAL ESTATE. RENTING, LOANS. PHONES 1599
WE HAVE A CLIENT who owns a factory—hydro
electric power—eight or ten operatives’ houses—
20 acres of land—long railroad frontage—just out
side Atlanta. This is an opportunity of a lifetime for
three or four young men to start in a safe manu
facturing business. Price and terms reasonable.
SMITH & EWING
IVY loin. 120 PEACHTREE. ATE. 2865.
Quitclaim Deed*.
$5—Germania Savings Bank to A. L.
Ward. No. 174 Glennwood avenue, 40 by
90 feet. December 1.
$1—Atlanta Trust Company to Rail
way Postal Clerks’ Investment Associa
tion. lot 100 by 150 feet, north side Mou
ry avenue, 120 feet west of Jonesboro
road. November 22.
$5—Railway Postal Clerks’ Investment
Association to Arthur Thurman, lot 50
by 150 feet, north side Moury avenue,
120 feet west of Jonesboro road. No
vember 22.
$5—Emma Dreyfus et al. as trustee
to T. D. and C. A Fleming, lot 43 by
360 feet, northwest corner Ripley and
School streets. November, 1913.
$200—William Driskell to Robert
Blackwell, lot 40 by 98 feet, w'est side
Newman street. 120 feet south of Cain
street. ^November 24.
$5—John II. Jones to L. C. Butler et
al.. lot 60 by 102 feet, northwest corner
Gilmer and Bell streets. November 10.
$1—McDonald Brittain to Raymond O.
Crocker, No. 85 Lake avenue, 50 by 100
feet. October 18.
$5—Minnie B Palmour et al to James
McDonald, lot 43 by 100 feet,' east side
Talliaferro street, 88 feet south of
Emadcl street. November 28.
Administrator’s Deed.
$710 Ettle L. Gollniok estate (by ad
ministrator) to Anderson Bros. Co., lot
60 by 165 feet west side Anderson ave
nue. 160 feet north of Battle Hill ave
nue; also lot. 50 hv 155 feet, west side
Anderson avenue. 210 feet north of Bat
tle Hill avenue. November 10.
Loan Deeds.
$2.800--Mrs. Annie E. Stephens to
Protestant Episcopal Church in Diocese
of Georgia, lot 50 by 150 feet, south side
Highland avenue, 192 feet east of Jack-
son street. December 1.
$2,000—Same to Appleton Church
Home, lot 37 by 150 feet, south side of
| Highland avenue, 165 feet east of Jack-
eon street. December 1.
$1,200 George T. Farrar to E. 11. Ma,
son (by tr.ustee), lot 50 by 245 feet west
side Newman avenue. 100 feet south of
St. Joseph street. December 1.
$1,600 A. L. Ward to Mrs. Ida F.
Stern. No. 174 Glennwood avenue 40 by
90 feet. December 1.
$1,000—W. Tf Sims to Miss Oussie
Scully, lot 50 by 120 feet, northwest Syl
van and Haygood avenues. December 2.
$590 B. Kramer to Germania Savings
Bunk, lot 28 by 87 feet, corner Chapel
and Humphries streets. November 25.
$726—J. A. Panell to Hibernia Savings
Building and Loan Association, lot 50
by 91 feet, north side West Fifth Htreet,
150 feet east of Ponders avenue. No
vember 22.
$3,667 Harry G. Poole to Realty Trust
and Investment Corporation, lot 200 by
904 feet, on Bass street, being lot 47 "f
Ben Little property, land lot 54. Octo
ber 31.
Deeds to Secure.
$765—Arthur Thurman to Hibernia
Savings Buildjng and Loan Association,
lot 50 by 150 feet north side Manry ave
nue, 120 feet west of Jonesboro Road
November 1912.
$3,250—Mrs. Madge O Elder to Mrs
Carrie R. King, executrix. No. 342 West
Peachtree street, 40 by 195 feet. Oc
tober 6. *
$3,250 Mrs. Carrie R. King, executrix
to Central Bank and Trust Corporation
same property. November 29.
Mortgages.
$337—Mrs. C. H. Hairston to Marbut-
Thornton Lumber Company, lot 50 by
386 feet, west side Cairo street, 300 feet
north of Simpson street. November 29.
$110—i?usie A. Davies to same, lot 100
by 18S feet, west side Cairo street, 160
feet north of Simpson street. Decem
ber 1.
$7,500—W. E. Worley to Lindsey Hop
kins, 7.87 acres In land lot 50. Seven
teenth District, on southeast side Che
shire Bridge road December 1.
$3,900 E M. and J. W. Brown to At
lanta Banking and Savings Company,
lot 50 by 225 feet, north side South Gor
don street, 260 feet east of an alley.
October 27.
Bond for Title.
$4,777—K K. Kelley to J H. Jones,
lot 50 /y 159 feet, north side Ormond
street. 300 f»»r*t east of Grant street.
October 26, 1912. Transferred to J. M.
and R. W. Boone June 5.
$6,000 W. J. Blalock to M. R Mc-
Clatchey. lot 48 by 176 feet, east side
Fort street, on south side of ten-foot
alley, lurid lot 46 June 19.
$5,000 \da Perrirn* and Ruth P Shee
han to Mutual Realty Investments, lot
80 by 184 feet, cast side Yonge street,
344 feet north of Decatur street. June
Building Permits.
$1,000—-M. Friedman, No. 22 Gar
den street, one-story frame dwelling.
Day work.
$800—P. J. Wesley, Lees avenue,
same. Day work.
$100—]/ Pazol, No. 204 Gilmer
street, addition and repairs. Day
work
$100—C. W. Anderson, No. 20 Clif
ton street, bathroom. Day work
$100—Dr Arch Avery, Butler and
Baker streets, alterations. Day work.
$S5—J. E. Delk, No. 68 Lee avenue,
bathroom. Day work.
Bulls Sell, Testing Strength of
Market—Spot Houses Buy,
Sustaining Market.
NEW YORK, Dec. 3. —in sympathy
with firm Liverpool cables, tlie looul <ot-
ton market opened steady to-day with
first prices net unchanged to 6 points
higher than the closing quotations of
■ Tuesday.
[ There was a good demand for spot
cotton In Liverpool. The National Gin-
ners estimate of 13.600,000 bales, ex-
clualve of ifatei mi In IUm n Ith other
recent estimates and was construed ns
bullish, but the. market was very quiet,
with little or nothing doing, and all the
market could do w'as to fluctuate nar
rowly. There was very little cotton for
sale. However, the ring crowd came in
after the call and hammered the mar
ket, based partly on an unofficial es
timate of the Texas crop of 4.600.000
bales, exclusive of linters resulting In
prices falling off 2 to 10 points from the
Initial range.
Following arc 11 a. m. bids in New
York. December 13.17, January 13.04,
March 13.13, May 13.06, July 12.95.
Following are 10 a. mil bids in Now
Orleans: December 13.01, January 13.19,
March 13.34, May 13.40. uly 13.43.
Estimated cotton receipts;
1912.
New Orleans , . . 9,300 to 10,300 12.292
Galveston . . . .10.000 to 12,500 17,872
NEW YORK COTTON.
Other Railroad Issues Strong. De- Despite Good Crop and Weather
spite Poor Earnings—Wil- News, Heavy Buying Orders
son’s Message Bullish. Prevailed in All Pits.
T NBC.
Jan.
Feb.
Mrh.
April .
May ,
June .
July .
Aug. .
Sept .
1 30] Prev.
[OpenlHigh Low P.M.j F1‘’ se
. . .113.23 13723 18713 13.13 13.19-20
. . .113.05 IS 07 12.97 12.00 13 04 #5
. . .! I j 13.02-04
. .113.17 13.18 13.08113.10|13.15-16
1.3.12 14
13.12 13.12 13.00 13.04 13.09 10
I I f 113.03-05
13.00 : 13.01112.89 12.9412.98-99
12.77 12.77112.75 12.75 12.73-74
12.03 12.0812*05 12.05 12 08 10
LIVERPOOL COTTON MARKET.
LIVERPOOL, Dec. 3.—This market
W'as due 24 to 4 points lower, but
opened steady, at a net decline of 3 to
4 points on near |x>sitlons ami 1U points
lower on distant months. At 12:15 p.
m. the market was quiet, 24 to 34 net
lower. Later the market advanced 4
point from 12:15 p. m.
Spot cotton 2 points higher; middling
7.34d; sales. 12.000 bales, of which 9,200
were American hales.
At the close the market was barely
steady, with prices at a net decline of
84 to 5V£ points from the closing quota
tions of Tuesday.
Futures opened steady
Open’g
2 V M
Close Close
Dec. . . .
. .7.04
7.05*4
7.021* 7.08
Dec.-Jan. .
. .7.02
6 99
7.04 4
Jan.-Fob. .
. .7.00
7.01
6.98*2 7 04
Feb.-Mch. .
. .7.02
7.01
6.99
7.04 4
Mch -April
. .7.01
7.02
6 99*4 7.05
April-May
. .701
7.02
6 99U 7.05
May-June .
. .7 02>,
7.03
7.00
7.or.',
June-July .
. .6.99
6.99
6 97
7.02L,
July-Aug .
. .6.96
6 96*4
6 94 >4 6.99*4
Aug -Sept.
. .6 82
6 80
6.844
Sept.-Oct. .
6.56
6.59 4
Oct.-Nov. 6.47
Closed barely steady.
6 46 6.491*.
By CHARLES W. STORM.
NEW YORK, Dec. T.—The railroad
group took the leadership In an upturn
at the opening of the stocjt market to
day. The tone was also helped by views
of traders who held that President Wil
son a message as a "bullish document."
The basis of this view was that this
country would not become Involved over
Mexico In any sort of complications,
which might cuuap "hard times '"
Reports that dividend action may he
taken soon by the directors of the New
York, New Haven and Hartford caused
that stock to advance 1 point. Other
advances among the railroad issues
were Reading. %; Canadian Pacific. %;
Union Pacific. 4; Erie, %; Pennsylvania
%. and ladiigh Valley, *,.
Amalgamated Copper advanced % and
similar gains were recorded by l’nited
States steel common ami Chino Copper
Southern Pacific declined 1 point. Ihr -
Ing of Erie was based on rumors that
other interests will enter control of the
line.
The curb was steady
Americans in London were steady
NEW YORK STOCK MARKET.
ST. LOUIS CASH QUOTATIONS.
Wheat No. 2 red 93 t§-94
Corn No 3 (new) 70
Oats—No 2 to 4
CHICAGO, Dec. 3.-—There were frac
tional recessions in the grain market at
the| opening to-day. Besides the de
clines in values In foreign countries, the
weather in America was better and a
larger movement of grain is looked for in
consequence. Northwestern receipts
were smaller. Wheat was down 4 to
•V'.
Corn was l, lower and oats were un
changed to *4 lower
Provisions were easier.
Stock quotations at
1:30
p. m.:
1:30
Prev'
STOCKS—
High
Low
. P M. Close.
Amal. Cop. .
. 69*4
69%
694
68 * H
Am. Can . .
.
26*4
26%
26 Vs
do. pref.
. 88
874
874
87
Anaconda . .
* 33%
33%
33%
33 4
Atchison . .
. 92*4
924
92*4
92
B. R. T. . .
. 87%
87%
87%
86",
Can. Pae. . .
.224 4
224*8
224%
2234
C. and O. . .
. 57
56%
57
564
(ton sol Gas .
.136*4
126**»
1264
126
Erie . . .
. 284
27%
28' *
274
do. pref.
. 43
43
43
424
G N. Pref. .
.123
123
123
123
G N. O . .
. 31%
31%
31%
314
III. Central .
.106*4
1064
1064
1064
Interboro . .
. 14
14
14
14
do. pref.
. 57%
57%
57%
574
L. Valley. . .
147%
147%
147%
U74
L. and N. . .
132*4
132%
132 *4
131
N. Y. Central
96*4
95T4*
96%
954
No. Pacific * .
107
1064
1064
106%
Penna ...
109
108%
109
108%
Pacific Mail . 24*
P. Gas Co. . . 118
24
118
24 ,
118
Reading
161L 160 \ 161
80
80
23
117*
1604
78 4
R. I. & a. pfd. 80
So. Pacific*. . 864 864 86 % 864
So. Railway . 214 214 21% 21%
do, pref. . 74 1 h 744 "4 4 74 4
Union Pacific. 1504 1494 150
U. S. Steel . • 55%
149%
654 554 554
do. pref. . 1044 104% 1044 1044
Ftafi Copper
48V
48 4 48 4 474
HAYWARD & CLARK’S DAILY
COTTON LETTER.
NEW ORLEANS, Dec. 3. It is quite
clear that we are now at a period where
price defense is up to spot holders For
some reason sentiment in the North is
against the market. Many believe that
this antagonism has its origin fn the
financial policy, announced by Wash
ington, tending toward greater eman
cipation from financial dependence on
New* York.
With reserves much reduced, owing to
last year’s moderate crop, and a still
greater deficiency in supply probable
for this season, the situation appears
strong enough to force higher values
ultimately, provided spot holders realize
their position and are able to put up
the proper defense.
Indications yesterday were good for a
generally broadening demand and Liver
pool to-day quotes two points higher
with sales 12,000 bales. Futures, how
ever. were lower, showing the influence
of bearish opinions In New York. First
trades here were a few points higher,
hut weakness in Neyv York checked sup
port and soon caused a drop of 8 points.
The census report next monday giv
ing ginnings to December 1, is at pres
ent chiefly relied upon for some suc
cess on the bear side. It is said to
show between 12,000,000 and 12,100.000
bales ginned to T>ecember 1. versus 11 -
855,000 bales last year and 12,817.000
bales in 1911. This would be about
1.600,000 bales for the period, against
L,555,000 bales last year and 1.504.000
hales In 1911. Ginnings last year to
December 1. w’ere 87.9 per cent of the
total. Ginning returns after this are
confidently expected to sustain the claim
of unusually rapid ginnings.
Bad went tier continues over the
western half of the belt, with very
heavy rains In Texas. Indications are
for unsettled and rainy weather gen
erallv for the belt.
Mill takings last year for the w'eek
were 504.000 hales
Spots continue firm at quotations. A
large amount of lower grades has been
bought lately, and it turns out that most
of this cotton is going to Eastern mills
NEW ORLEANS COTTON.
COTTON GOSSIP
Dec.
Jan. .
Feb ,
Mch
April
May
June
Jul>
• 1 .30' Prev.
OpenIHigh' LowlP.M I Close.
.13.06 13.06 13.02 13.02 18.06-07
.113.24113.24113.17 13.17'13.23-24
.' [7. 18.85-87
.113.40 U.40 13.28 13.32 13.37-38
.! [. ... : '13.37-39
. 13.49 ! 13.49 13.36 13.39113.44-45
• 13.44-46
13.43U3.43 13.41 13.41 13.17 48
It Is reported that Habersham King
estimates the yield of Texas as 4,665,000
bales, exclusive of linters.
Members of the Cotton Exchange met
yesterday and discussed informally the
proposed amendments to the by-laws.
It was decided to vote on the recom
mendation Thursday. Polls will be open
from 11 a. m. to 2 p m.
* * *
NEW ORLEANS. Dec. 3 —Hayward
«& Clark: The weather map shows
cloudy over the entire belt, raining over
Texas and Oklahoma. Very heavy pre
cipitation in North Texas, but very
little nos' of the River. Indications an*
for generally unsettled rainy weather
over the belt and colder In the north
portion.
» * * *
Rainfall: Amarillo, .24; Oklahoma,
.58; Dallas. 3 42; Taylor, 2.00. San An
tonio, .16; Palestine, 2.64; Fort Smith,
.20,
• • •
The New Orleans Times-Democrat
says: "With the coming of December
spot demand is expected. The pre
miums for staple cotton are down to
a level, which many people are begin
ning to regard as an invesiment basis.
Forward sales, made for December de
livery. art* normally larger than are
those made for November delivery. For
this reason, men*bants are Inclined to
think at least those who believe in a
moderate yield and a large require
ment so think that by the middle of
the month the spot pressure argument
so frequently made by the low-price
people will avail no longer.
"Meanwhile, large takings and large
exports, together with shrinking port
r*»eelpts. sustain confidence in the belief
that the average need is greater than
average supply ."
Advices from Liverpool and Conti
nental ports show that cotton arriving
there has much damaged cotton on the
hales and pickings are very heavy. This
means further loss In spinnlg supply.
m m m
Spot people here report good demand,
eve>n for lower grades Prices firm.
Better grades scarce and premium grow
lng.
Grain quotations;
High
WHEAT
Dec. . . .
May . . .
July . .
CORN—
Dec. . . .
May . . .
July . . .
OATS—
Dec. . . ,
May . . .
July . . .
TORK-
Jan . 21 15
May . .21 15
LARD—
Tan. . .10.55
Mav . ,11.124
RIBS -
Jan. . .11.05
May . .11.25
Previous
874
91
• 88*4
71 <4
707*
70
3*4
417,
41 s *
Low*
Close
. < ’lose.
86%
90%
88 4
87*4
90%
88%
87
90%
88
70%
70%
694
714
70%
69%
70%
70%
69%
38
41*4
414
38%
41%
41%
38*4
41%
41%
21 034
21.05
21.15
21.10
2t 124
21.05
10 774
11.05
10 85
11.124
10 82 4
11.10
11.024
11.20
11 03
11.25
11.05
11.25
PRIMARY MOVEMENT.
WHEAT—
1913 |
1912
Receipts . ,
. .1 1.306.000 |
MTl.oo
Shipments . . .
. .1 M95.000 1
965.000
CORN—
I 1913. "T
1912
Receipts .
. .1 801.000 I
725.000
Shiprn* nts . . .
. . ! 449,900
345.000
PRICE CURRENT GRAIN REPORT.
CINCINNATI, Dec. 3 Fn seasonably
warm weather has prevailed over the
country during the past tw - weeks, and
winter wheat is having a fine growth
in the greater part, of the area.
There Is a lack of moisture In a large
part of Nebraska and portions of North
ern Kansas and complaints of a poor
condition are received Parts of Ten
nessee and Kentucky report ground too
dry for the plant Prospect is that
the plant will bo reported in good con
dition by the Government this month
and with the larger acreage a splendid
promise is Indicated However, the
trade places verv little dependence on
a December condition.
The winter makes or breaks the crop
and of that there is no way of fore
casting.
COTTON SEED OIL.
NEW YORK. Dec. 3. The cotton seed
oil market was lower to-day, being un
der renewed hedge selling on part of re-
fillers,, reports of cheaper crude at the
South and scattered liquidation.
Buying on the decline appeared to he
of a god character, and with scattered
short covering the decline was checked
towards noon.
THE WEATHER.
Conditions
WASHINGTON. Dec. 3 -Weather
conditions cloudy and mm ;« ttled weather
will continue, to-night and Thursday
over the eastern half of the country,
hut without precipitation of conse
quence.
General Forecast.
Georgia -Generally cloudy to-night
and Thursday.
North and South Carolina—Generally
cloudy to-night and Thursday.
Florida. Alabama and Mississippi —
Fnsettled to-night and Thursday; prob
ably local rains.
Tennessee and West Virginia—font in -
tied cloudy and unsettled to-night and
Thursday.
COTTON MARKET OPINIONS.
E. F Hutton & Company: The mar
ket lacks snap and acts as If the spec
ulative short interest has fairly well
evened up.
Newburger. Worms & Newman: We
expert an upturn In prices
Morris H. Rothschild & <’ompany: We
expect irregular markets with moderate
fluctuations, pending the two Govern
ment reports
Hayden, Stone * Company: There is
a more conservative feeling noticeable
in speculative circles.
Miller & Company: We still maintain
our unfavorable views of the market.
STOCK GOSSIP
The New York Financial Bureau:
"Conservative bullish operations are ex
pected to-day. The general attitude Is
more hopeful though most operators
maintain a trading position. On ail re
cession we think standard, issues may
be bought for turns."
• * •
The New’ York Commercial: “Liqui
dation seems to have run its cours** as
far as important stocks are concerned.
* * *
The New York Times: “Some weight
must be given to the absence of press
lng liquidation.”
* * •
The New York American. "The ad
vance is attributed to covering of shorts,
rather than any idea that traders see a
turn for the better In speculative condi
tions.'*
• * •
The New York Wall Street Journal:
"Large interests do not seem to be
greatly concerned over the prosi>ecis
holding to the conclusion that the mar
ket at present discounts the reaction
In business."
* • *
G. T >. hotter says: "Now that the
President's message Is out of the way.
I think that the good stocks should be
bought on all recessions. The short In
terest is large and there Is too much
company on the bear side at present."
The strong undertone to the market is
encouraging to the holders of stocks and
a market that will not decline on un
favorable new’s is usually a purchase. I
feel bullish on securities at these prices
for the long pull and believe that divi
dend paying issues should be conserva
tively accumulated.—G. D. Potter.
LIVERPOOL GRAIN MARKET.
LIVERPOOL, Dec 3 Wheat opened
Ld lower; a t 1:30 p. m. the market wa*
%n lower Closed V*d lower.
Corn opened V4@*4d lower; at 1:30
p m the market was *4ffi%d lower;
closed Lfa^d lower.
Hester’s Monthly
Cotton Statistics
Secretary Hester's New Orleans Cot
ton Exchange statement issued Tuesday
covers the monthly movement of cotton
to the close of November.
Compared with last year It shows a
decrease for the month In round figures
of 83,000, an increase compared with the
ear before last of 16.000, and with 1910
ail Increase of 430.000.
The total for November was 2,910,323,
against 2 993,333 last year. 2.750,018
year before lust and 2,480,767 same time
In 1910.
The amount of the crop brought into
sight for the three months from Sep
tember to November inclusive is 93,000
ahead -f Iasi year. 308.000 ahead of the
year before and 1,333.000 ahead of 1910.
The movement since September 1.
shows receipts at all United States
ports 5,892,663 against 6.546,468 last
year, 5.387.214 year before last and.
4.430.906 same time in 1910. overland
across ihe Mississippi, Ohio and Poto
mac Rivers to Northern mills and Can
ada. 342,8*06, against 368,990 last year,
298.977 year before last and 350.246
same time in 1910; Southern mill tak
ings exclusive of consumption at South
ern outports. 1,061.000. against 847.000
last \ear, 730.000 year before last and
C88.000 same tirpe In 1910, and Interior
stocks tn excess of those held at the
close of the commercial year 651,151.
against 592.463 last year. 723,626 year
before last and 645,40*7 same time in
1910.
These make the total movement of
the cotton crop brought into sight for
the three months ending close of No
vember, 7.477.617, against 7,354,920 last
year, 7,139.816 year before last and
6.114.658 same time in 1910.
Northern spinners took during No
vember 500,268, against 503,734 last
year and 417.773 year before last, in
creasing their total for the three
months to 964,575, against 898,079 last
>ear. 846.640 year before last. This
makes their average weekly takings
for the season 74.198. against 62.642
last year and 65,126 year before last
Foreign exports for the three months
(if the season have been 3,948,159, show
ing an increase over last year of IS.729
and an increase over the same period
year before last of 194,406.
Stocks at the seaboard and the 29
leading Southern Interior centers at the
close of November were 1,778,586.
against 2.018.070 last year, and 2 086,477
the year before.
Including stocks left over at ports
and interior towns from Urn last crop
and the number of bales of the current
crop brought into sight during the
three months, the supply has been
7,774.043. against 7,719.633 last year
and 7,426,790 the year before.
I'ft to the close of November last year
51 92-100 per cent of the cotton crop
ha/1 been marketed and for the same
three months in 1911 the percentage of
the crop brought into sight has been
44 24-100 and for the same time in 1910
the percentage marketed was 50 45-100.
LIVE STOCK.
GH If AGO. per. 3 Hogs: Receipts.
40.000; market 5c low'er: mixed and
butchers. 7.35^7.80; good heavy, 7.56@
7.75: rough heavy. 7.20TJ7 50: light. 7.15
-/7 65: pigs. 5 00'a»7.00; bulk. 7.55^7.70.
fattle: Receipts. 14,000; market
strong to 10c higher, heeves. 6.60@9.60;
cows and heifers. 3 25^7.75: stockers and
feeders, 5.25 '<v 7.35; Texans. 6.40@7.70;
calves, 9.00^110.50.
Sheep: Receipts. 27.0tK>; market weak;
native and Western, 2.55^4.85; :ombs,
5.15®7.35.
BAR SILVER.
LONDON, Dec. 3 - Bar silver steady
r .' 1 „ . , .
NEW YORK. Pe 3.—Commercial bar
silver. 57 s; Mevican dollars. 44Vz-
RIDLEY & JAMES
GEORGIA
AUDITORS
ATLANTA -