Newspaper Page Text
THE ATLANTA (TEOLCiTAN AND NEWS.
10
REAL ESTATE AND
CONSTRUCTION NE WS
Monster Concerns
Coming to Atlanta
Capital of Several Millions In East
ern and Middle Western Plants.
Other Realty Notes.
\tlanta real estate firms and com
n rcial houses generally are anxlous-
!>■ awaiting announcement of several
i w Industrial plants which are due
to locate here in the near future. The
names of these establishments can not
disclosed at present. Officers of a
monster concern in Detroit have sano-
. ..ned the removal of plant headquar
ters of a $1,000,000 concern here, and
ro only waiting for the approval of
t board of directors, and the same is
true of a concern in New York City,
■n , >se board of directors meets on De
cember 17.
Latest news of intentions to locate
h- re concern an establishment in the
Middle West that is of gigantic pro
portions and does business in every
Important city in the world, and which
create a business in Atlanta that
v '! supply the entire Southeast in its
line. This firm has already purchased
its lot and is busy arranging prelim-
Inaries. It will give employment to
1, <i persons, it is said.
The industrial and statistical bureau
of the Chamber of Commerce is in
communication with these concerns
and expects to make some definite an
nouncement within a week. Its offi-
v iis have learned that, aside from the
publicity work which they are doing,
other agencies in that direction are
constantly at work. For instance, lo
cal representaives of financial jour
nals in New York are writing glow
ing accounts of Atlanta's prosperity.
One of these recently wrote of Atlan
ta's bank situation, which argued
strongly for the establishment here of
one of the regional banks.
Interest in Austion.
Visitors to the Stocks property have
numbered 30 a day for four days since
announcement of the auction to be
held December 12 at 10 a. in. by the
Edwin P. Ansley Real Estate Agency.
This property is in the Terminal Sta
tion district, on Nelson street and the
Southern, the Central and the Atlanta,
Birmingham and Atlantic Railways.
Four lots, totaling about 130 feet, will
bo offered in the first sale. Forrest
Adair will be the auctioneer.
This section is being groomed as a
wholesale district, and extensive de
velopments are expected in the next
twelve months.
Sale on Anqier Avenue.
W. H. Swords has bought from Mrj.
W. E, Hicks No. 9 Angier avenue for
$3,000, the sale having been made oy
K. W, Clapp, of the Smith & Ewing
Real Estate Agency. The property is
on the south side of the street.
Alterations on Forsyth Street.
The Philrdelphia Quick Luncn
Company has leased No. 34 North
Forsyth street and will move in about
December 15. Extensile alterations
are being made on the front and the
interior. This place was formerly oc
cupied by the Holmes Luckie Real
ty Company, which concern will go
to the new Chamber of Commer.*e
quarters at North Pryor street and
Auburn avenue as soon as alterations
mpleted there.
Permits for Houses.
John M. George has been "ranted a
: rm t to build a one-Storv frame
-• ai No. 55 Drewry street to cost
, and Mrs. Nora G. Webb will
at No. 217 Barnett street, the
'<> be $3,500. Building Inspector
Havs has gone to Panama on
cation and will return in about
••veeks. Assistant Inspector
los J. Bowen and Clerk Louis P.
uardt are acting in his absence.
Euilo'ing Permits.
'.500— Mrs. Nora G Webb, No. 217
Earnett street, two-story frame dwell
ing Day work.
$75—Joe Stovall. School and Buch
anan streets, build st ore Day work.
$15—J. M. Fulton, No. 49 Lee street,
erect awning. Day work.
$200—J. O. Connallv, West Fair
street, one-story frame dwelling. Day
work.
$3,000—John ft' George, No. 55
Drewry street, same. Day work.
More Realty Men Subscribe.
Among the latest subscriptions to
the Oglethorpe University fund from
people dealing more or less actively !n
real estate are the following:
A. A. Doonan, $50; Claude E. Sims,
CO; D. X. Williams, $50; Ralph O.
Cochran, $25; Charles E. DuPree, $25;
Walker Dunson, $25; F. E. Callawiy,
$100; Eugene C. Callaway, $100;
George \V. Forrester. $100; Hughes
Spalding, $25. Total, $550.
Warranty Deeds.
$4,500—ftlrs. Florence H. Jamison
to T. J. Christian, lot 41 by 217 feet,
cast side North Lawn street, 203 feet
from Lee street. December J.
$1—Gann & Garraux to A. C. Gann,
lot 75 by 200 feet, west side Howell
Mill road, 486 feet north of Bowen
street. November 28.
$1—Same to Frank Garraux, lot 75
by 200 feet, west side How-ell Mill
road. 411 feet north of Bowen street.
November 28.
$150—F. M. Coker to J. R. McAd-
an ' s lot 57 by 130 feet, northwest
corner Delaware and Essie avenues.
December 1.
$’.500—Otto B. ftlcGriff to P. J
Harllee, 32 1-2 acres on west line of
h>nd lot 237, Seventeenth District. No
vember 24.
$250—Mrs. S. C. McAfee to Percy
J - Harrison, lot 25 by 100 feet, 25 feet
Porth of northwest corner of Sims
and Arthur streets, land lot 87, Four
teenth District. December 2.
*'.000—Thomas E. Mitchell to
. ha rles H. Black, No. 53 Hayden
street, 50 by 100 feet. December 2.
—West view Cemetery Associa-
<'°n to Kate Gay, lot 814, section 12
November 5.
V. 000—Sern Mortgage Company to
cods White, 50 acres in land 16t
8. Sev
• enteenth District, at southeast
corner of W. A. Holbrook’s property.
December 1.
$2,300—W. M. Campbell to E. E.
Steed, lot 50 by 125 feet, east side
Stewart avenue, 267 feet north of Ar
thur street. November 26.
$2,500—E. E. Steed to John D. Mul-
drew, same property. January 10
1911.
$2,300—J. D. Muldrew to C. E. Hel-
mer, same property. January 10, 1911
$2,500—L. S. Hqntley Company et
ai. to Fulton Properties Company, lot
78 by 12 by 58 by 28 by 32 feet, south
east corner of Fulton Properties
Company’s property, 130 feet east of
Peachtree street and 130 feet south of
Ponce DeLeon avenue, for alley pur
poses. March 1, 1912.
$750—-East Point Land Company to
L. N. Mobley, lot 75 by 190 feet, north
west corner Main street and Center
avenue. December 3.
Professional Services Rendered
Mrs. Essie DeLoaeh to Charles Hil-
lier, lot 40 by 120 feet, west side
Stevens street, between Lena and
Hunter streets. November 15.
$125—Perry Andrews to B. F. Bur-
dett, lot 60 by 140 feet, east side
Chapel street, 325 feet north of
Akridge street. December 1.
$500—-J. F. Burke to same, lot 50 by
100 feet, west side Glass street, 132
feet north of Bellwood avenue. No
vember 12.
$1,250—James E. Cook to Georgia
Investments, Inc., lot 40 by 156 feet,
north side Neal street, 230 feet west
of Chestnut street. December 1.
$1,600—Byron S. Huie to A. C.
Threlkeld, lot 53 by 100 feet, south
east corner Main street and Harrison
avenue. December 2.
$250—Mrs. R. J. Robertson to
same, lot 25 by 64 feet, south side
Main street at corner of ten-foot al
ley and along east side Harrison ave
nue. December 1.
$1,260—1. M. Sheffield to G. H.
Cathcart, lot 50 by 214 feet, west side
East Ontario avenue, 275 feet south
of Gordon street. September 9.
Loan Deeds.
$1,000—C. E. Helmer to Mrs. F. M.
Utterback, lot 50 by 125 feet, east
side Stewart avenue. 267 feet north
of Arthur Street. November 28.
$700—Georgia Investments, Inc., to
Miss Hattie Hernstadt, lot 40 by 156
feet, north side Neal street, 230 feet
west of Chestnut street. December 1.
$1,200—A. C. Threlkeld to Bank of
East Point, lot 53 by 100 feet, south
east corner Central avenue and Har
rison road. December 1.
$2,000—Mrs. Emma E. Sisemore to
Penn Mutual Life Insurance Com
pany, No. 241 Lee street, 92 by 160
feet. November 28.
$600—Nancy Tilley to Mrs. Flora
Bailey, lot 100 by 124 feet. 436 feet
from southwest corner Peeples street
and an alley. December 3.
$500—H. A. Ledbetter to Industrial
Life and Health Insurance Company,
lot 50 by 132 feet, northwest corner
Williams avenue and Cochran street.
November 26.
$2,000—W. S. Belyen to Mrs. An
tonie Oppenheimer, No. 589 Edge-
wood avenue, 22 by 69 feet. Decem
ber 3.
$1,300—J. F. Askew to Penn Mutual
Life Insurance Company, lot 46 by
177 feet, north side Bass street. 200
feet west of Crew street. November
$1,000—T. S. Kerlin to Executors
of Morris Hirsch Estate, No. 69 S.
McDaniel street, 45 by 135 feet. No
vember 25.
$5,000—A. B. Buehl to M. B. and
E. L. Eiseman, No. 63 West Thir
teenth street, 50 by 120 feet. Novem
ber 15.
$750—P. J. Harllee to William F.
Morrell, 32 1-2 acres on west side
land lot 257, Seventeenth District.
December 1.
$2 500—Guy A. Jossey to Emma
Dreyfus et al., trustees, lot 50 by 190
feet, south side North avenue, 502
feet east of North Boulevard. De
cember 3.
Deed to Secure.
$900—J. A. Williams to H. A. Led
better, lot 50 by 132 feet, northeast
corner Williams and Cochran streets.
January 27, 1910.
Sheriff’s Deed.
$1.525—W. M. Smith (by Sheriff)
to Central Bank and Trust Corpora
tion, lot 113 by 156 feet, southeast
corner Sells avenue and Hopkins
street. December 2.
Sheriff’s Deeds.
$300—ftfrs. V. M. Roberts (by
Sheriff) to J. H. Porter et al. lot 104
by 400 feet, northwest corner Crook
and Thompson streets. December 2.
$210—L. M. Johnson. Sr. (by Sher
iff) to Ike Morris, lot 120 by 180 feet,
north side Rhomboid street, 180 feet
west of Claremont street. Decem
ber 2.
Quitclaim Deeds.
$5—Georgia Savings Bank and
Trust Company to William Owens.
No. 131 East Merritts avenue, 40 by
100 feet. November 6.
$1—Mrs. Alice Howell to J. R. Sea-
wright, lot 45 by 123 feet, south side
Harwell street. 144 feet west of Ash
by street. No date.
$1—Mrs. Sophia McA. Stokes to
Mrs. Alma Schwimmer, No. 55 Stokes
avenue, 50 by 150 feet. November 29.
Levy and sale—Smith & Simpson
Lumber Company to J. R. George, lot
50 by 100 feet, north side Parsons
street. 150 feet west of Abbott street.
December 1.
Bond for Title.
$7,200—F. W. Stokes to Mrs. Louis
Loevi, No. 55 Stokes avenue, 50 by
150 feet. November 29
$2.000—Mrs. Lou la F. Minhinnette
to T. T. Thomason, lot 50 by 193 feet,
south side Line street. 50 feet easL \
of Lexie street. December 1.
$2.264—Georgia Investments, Inc.,
to James E. Cook, lot 40 by 156 feet,
north side Neal street, 230 feet west
of Chestnut street. December 1.
Bonds for Title.
$8.000—Mrs. Martha A. Morris to J.
C. DeFoor, 71 acres on Campbelltcn
road, land lots 229. 252 and 253. De
cember 2.
$3.440—M. C. Horton to C. D. Read,
lot 50 by 150 feet, south side of Eigh‘.h
street. 119 feet east of Lynn street.
December 1.
Stagnant Trade Conditions Basis
for Bear Argument—Buying
by Bulls Sustains Market.
NEW YORK, Dec. 4.—Influenced by
Arm Liverpool cables and unfavorable
crop advices from the Western belt, re
sulted In the cotton market opening
steady to-day with llrst prices at a net
advance of 6 to 9 points from Wednes
day’s close. Apparently there was very
little cotton for sale at the outset and
the buying whs of a good character.
Liverpool cabled that the market has a
better undertone and that Manchester
is doing better business than reported.
This, however. Yfad practically no effect
on quotations.
Outside speculation was very light.
After the call the trend was down
ward. The ring crowd seemed inclined
to sell and the advance in Liverpool
seemed to have little or no effect. This
caused some 3 to 5 points decline from
the initial range.
Sentiment continues very bearish, and
with the limited number of bulls in the
market at present it is hard for them to
meet the selling pressure. Bears ap
parently seem to be trying to talk the
market down. However, a narrow and
featureless market is looked for until
after the Government reports are out of
the way.
The weather map shows a bad double
storm over the Western States, which
means that there will be more heavy
general rains, which are Indicated to
come also on the rest of the belt. The
bad weather in the West has already
done thousands of dollars of damage to
the unpicked remnants of the, crop
However, the locals are against an ad
vance here and sell on all rallies. The
South and Wall street houses continue
to sell. Bull forces continue to support
the market, but are unable to promote
sufficient buy fog orders to cause a re
newal of trade interest, which Is prac
tically dead. The list fluctuated within
very narrow limits, barely exceeding 10
points.
Advices from the belt indicate a good
demand for spots. Some wires ten of
considerable poor grade cotton being
thrown on the market, but there is a
scarcity of good grades, except at high
premium.
At the close the market was quiet,
with prices net unchanged to 4 points
from the final quotations of Wednes
day.
Following are 11 a. m. bids in New
York: December, 13.03; January, 13.19;
March, 13.33; May, 13.39: July. 13.92.
Following are 10 a. m. bids in New
Orleans: December, 13.34; January,
13.01; March, 13.13; May, 13.06; July,
12.94.
Estimated cotton receipts:
1913. 1912.
New Orleans 6.700 to 7,700 13,379
Galveston 9,000 to 11,000 21,923
RANGE IN NEW YORK FUTUWE3
>s
Rumor of Big Melon Cutting in
U. P. and U. S. Steel Activity
Have Stimulating Effect.
By CHARLES W. STORM.
NEW YORK, Dec. 4.—The increase of
activity which developed yesterday was
maintained at the opening to-day and
the tone was firm.
Chino Copper, responding to its divi
dend announcement and a statement of
increased earnings, advanced % to 30 at
the beginning and at the end of half an
hour was selling at 30%.
United States Steel common sold off
% and among the other declines were
Amalgamated Copper. %; American Can,
\: American Smelting, %; Canadian
Pacific. ; Heading, %; Pennsylvania,
L ; Northern Pacific. % ; Chesapeake and
Ohio, Vi, and Distillers’ Securities. %•
Union Pacific.opened unchanged and
then shaded, but at the end of 30 min
utes had recorded a fractional gain.
Among the other fractional gains were
Southern Pacific %, Erie % and Great
Northern preferred. %.
The curb waft firm.
Americans in London were strong,
above New York parity.
Trading was quiet throughout the last
part of the forenoon, but the tone con
tinued firm and prices of nearly all im
portant issues were well maintained.
Steel, Southern Pacific, Reading and
Copper advanced %. Northern Pacific
and Canadian Pacific were slightly low
er. Other issues were irregular.
Call money loaned at 5% per cent.
Practically all the active issues ranged
above their opening price during the
final hour. Steel sold around 57% for
a net gain of V4 dn the day, while Penn
sylvania was sold at 109%, an advance
of % from its noon prices. Fractional
gains above tlie morning leve' were
made by Reading, Union Pacific, St.
Paul and Lehigh Valley. Erie’s net ad
vance was more than a point. The
tone was strong.
The market closed steady. Govern
ments unchanged; other bonds dull.
NEW YORK STOCK MARKET.
(/)
♦ 13.2 13.24 13.15 13.15113.15-16 13.14-15
13.06 13.08 13.00 13.01 13.00-01 ;13.00-01
[13.00i 13.00; 13.00(13.00112.98-13112 98-13
Prev.
Open’s
P.M
Close
Close
. .7 01
7.03%
7.02%
7.00%
6 :o
. .6 97
7.00
7.00
6.98%
. .6.98
7.00
6.99
. .698
7.00%
7.00%
6.99%
. .6 98
7.00%
6.99%
. .6 98%
7.01
7.01
7.00
. .6.96%
6.98
6.90
/ .6.92%
6.95
6.95%
6.94%
. .6.78
6.81%
6 80
6.57
6.56
6.47
6.47
6.46
Dc
Jn
Fb
Mh 113.1613.16 13.12; 13.13 13.12-13 13.10-11
Ap | | I I.... 13.09-11113.07-09
My Il3.llji3.12 13.05 13.06,13.06-07 13.04-05
Jn * ! 1 112.92-93 12.92-93
Jly 12.97113.00ll2.94 12.95 12.94-95 12.93-94
Ag T 2.71112.72 12.70 12.72'12.69-7T 12.68-69
Oc 112.10|12.10|12.0 7;12.10 12J) 7 - 08 j 12.03 - 04
plosed quiet
LIVERPOOL COTTON MARKET.
LIVERPOOL, Dec*. 4—Due 1 to 2
points lower, this market opened quiet
but steady, 1% points lower. At 12:15
p. m. the market was steady, % to 1
point net higher.
Spot cotton steady at 1 point decline;
middling 7.33d; sales 12,000 bales, in
cluding 11,100 American bales.
Futures opened quiet.
At the close the market was quiet,
with prices at a net advance of 1 to 1 %
points from the closing quotations of
Wednesday.
Dec. . . .
Dec.-Jan.
Jan.-Feb.
Feb.-Mch.
Mch- Apr.
Apr.-May
May-June
.Tune-.July
July-Aug
Aug.-Sept.
Sept.-Oct.
Oct.-Nov.
Closed quiet.
HAYWARD & CLARK'S
DAILY COTTON LETTER
NEW ORLEANS, Dec. 4.—Weather
conditions continue bad. particularly
west of the river, where a continued
downpour for the past ten days has un
doubtedly caused serious loss to the un
picked remnants of the crop. Offerings
and movement are shrinking in conse
quence.
Indications are for unsettled and
rainy w'eather over the entire belt.
Liverpool shows more strength, with
futures this morning about 4 points
higher than due: spot prices 1 point
lower; sales. 12,000 bales. This strength
in the foreign markets may he due to
reduced offerings on account of bad
weather and the desire to secure me
dium to better grades in anticipation of
a possible further increase in the pre
miums.
Liverpool cabled: “ftlarket has better
undertone. Manchester doing better
business than reported." This was sug
gested some time ago wfien the propo
sition of short time was voted down by
the mills.
Our maihct ooened a few points high
er and ruled steady at the advance, but
the dissenting spirit in the Northern
market and consequent absence o' spec-
u’ative support is felt and expressed in
general dullness.
Spots are firm with good demand.
The into-sight movement for the week
looks around 624.000 bales, against 648,-
108 last year, and 640.945 in 1911.
We compare with piM takings of 504,-
000 bales for this week last year.
RANGE IN NEW ORLEANS FUTURES
6tock quotations:
Cl 09.
Prev.
STOCKS— •
High.
Low.
Bid.
Close
Amal. Copper.
72
70%
71%
71%
Am. Agricul..
43%
43%
Am. Beet Sug.
23
24
American Can
27%
27
26%
26%
do, pref...
88%
87%
87
88
Am. Car Fdy.
44
43%
4374
43%
Am. Cot. Oil..
37
37%
American Ice
21
22
Am. Locomo..
30%
30%
30%
30%
Am. Smelting.
63%
62%
62%
63%
Am. Sug - Ref.
106
105%
105%
105
Am. T.-T. ...
121
120%
120%
120%
Am. Woolen..
16
15
Anaconda
35
34%
34%
24%
Atchison ....
93%
93%
93%
93
A. C. L.
119
119
118%
118
B. and O
93%
93%
93
93
Beth. Steel...
25
30
B. R. T
88%
88
87%
87%
Can. Pacific..
226
225%
225
225%
Cen. Leather..
25
24%
24%
23%
C. and O
58%
57%
57%
57%
Colo. F. and I.
28%
28
27%
27%
Colo. Southern
28
27%
Consol. Gas..
127
127
127%
127%
Corn Produets
9%
9%
9%
9%
D. and H
150
149
Den. and R. G.
18
17%.
Distil. Secur..
17%
17%
16%
17%
Erie
28%
28%
28%
28%*
do, pref...
44
44
43%
43 V*
Gen. Electric..
139%
139
139
138
G. North, pfd.
124%
124%
124%
124%
G. North. Ore.
33
32%
32%
32
G. Western..
14%
n%
Til. Central..
108
107%
108
107
Interboro ....
14%
14%
14%
14%
do, pref...
60%
58%
59%
58%
Int. Harv. (old) ....
100%
100 %
K. C. S.. . .
24%
24
M. f K. and T.
30%
19%
1»%
20%
do, pref. .
54
54%
L. Valley. . .
149%
148%
148%
148%
L. and N. . .
133%
133
133%
132
Mo. Pacific . .
26%
26‘4
25%
26 V*
N. Y. Central
97
96%
96%,
96%
Northwest. . .
126
125%
125%
125
Nat. Lead . .
44%
43%
N. and W. . .
103%
103%
103; 4
103 Vz
No. Pacific . .
107%
107%
107%
107%
O. and W. . .
26%
26%
26
26%
Penna
109%
109
1087s
109
Pacific Mail. .
24 Vi
24
23%
24%
P. Gas Co. . .
118
117%
P. Steel Car .
2S
26
25%
25 Vi
Reading . . .
163%
161%
162%
162%
R. I. and Steel
19%
19%
19%
19%
do, pref. .
80%
80%
80%
80%
Rock Island .
14%
14%
do, pref. .
23%
23%
22%
23
S.-Sheffield. .
27
26%
So. Pacific . .
87%
87%
87%
87%
So. Railway .
23%
23
22%
22
do, pref. .
75%
75%
75
7478
St. Paul . . .
100
99%
99%
99%
Tenn. Copper.
30
29%
29%
29%
Texas Pacific.
13
13
Third Avenue
40%
40%
40%
40%
Union Pacific
153%
-51%
151%
152
U. S. Rubber.
54%
54 %
54%
U. S. Steel . .
57%
56%
57
57
d«o, pref. .
105%
105%
104%
105%
Utah Copper .
49%
48%
4874
49%
V.-C. Chem. .
28
27%
27
27
Wabash . . .
3%
3%
3%
3%
do, pref. .
10%
10%
W. Union . .
62
63
W. Maryland.
34%
34%
W. Electric .
64%
647g
W. Central .
45%
44
Uncertainty over French and Mexican
situation causing hesitancy.
• * •
Bank of England rate unchanged at 5
per cent.
• • #
American Snuff Company' declares ex
tra dividend of 2% per cent.
• * •
J. J. Hill says there is no depression
existing in Northwest.
* • *
Twelve Industrials advanced .60; 20
active rails advanced 1.05.
• * *
The New York Commercial: The fact
seems to be that the public is getting
tired of pessimism and the feeling is
shared by men of large affairs, as well
as men of small interests.
• • •
The New York Herald: Buying by'
I^ondon and for domestic investors stim
ulates repurchases by the bears.
* * *
The New York American: If stocks
are kept active for the next few days
the public will no doubt take the bull
side of the market for a turn.
1 • • •
The Wall Street Journal: The street
is still full of boars and many of them
are powerful.
* * *
The New York Sun: The movement
has every appearance of a drive against
the short interests.
• * •
G. D. Potter says: “The stock mar
ket Ik getting broader as activity in
creases. The conservatism of the Pres
ident’s message, is favorably commented
upon and is one step toward restoring
confidence. I am a firm believer in
higher prices and think stocks are a
purchase on all recessions.”
* * •
The New York Financial Bureau says:
“A continuance of bullish tactics may
be seen in the stock market to-day. The
bears are alarmed and a large number
of stop orders for short account are
reported appearing above ruling levels.
“The supply of stock is limited and
prices rise easily when bidding takes
place. We understand there will be less
trust-busting talk in Washington."
• *. *
G. D. Potter says: "Th$ market
holds the advance and there is com
paratively little profit-taking. Senti
ment more optimistic and stocks have
every appearance of going higher be
fore there is any reaction of conse
quence.
”1 favor buying dividend paying is
sues conservatively, as I do not con
sider standard issues high at the pres
ent level.”
• • •
ftfemphis wired Weld & Co. Wednes
day: "National Ginners’ Association’s
estimate the crop slightly less than 13.-
600,000 bales, excluding linters, ginning
figures are given as 11,980,000 bales.”
NEW ORLEANS? Dec. 4.—Hayward
& Clark: "The weather map shows
cloudy over the belt; raining through
out the Western States, and weather
must be very bad. as many stations are
behind with reports. Remnant of un
picket* cotton is undoubtedly lost. Con
tinued rains over the belt indicated.”
* * *
Unions at Fall River vote down pro
posed strike.
* • •
Fort Worth wires: "Many compresses
threatened by flood. Country damage
record-breaker. No more cotton picking
after first.”
• • •
Very bad weather continues in the
Western States; continued raips now for
ten days and spreading eastward.
* • *
The New Orleans Times-Democrat
says: "While the talent as a rule ex
pect the Agricultural Bureau’s estimate
on December 12 to indicate a commer
cial crop, a little under 14,225.000 bales,
there is an element In the market which
expects the yield to exceed 15,000,000
bales, and a guess of the Texas crop
yesterday of 4,668,000 bales drew a few
additional recruits to this faction. On
December 8 the Government report will
probably show large ginnings for the
period, ending November 30, which will
give further impetus to large crop ideas.
The life of such ideas, huweevr. will be
determined by the Government's crop
estimate four days later, since thq con
suming world will take the Govern
ment’s guess seriously.
“Meanwhile, the ‘off-take’ continues
on an enormous scale, but the fresh sup
ply is now showing a relative decrease
as contrasted with last year. A short
while ago. port receipts since September
1. reached a total well if. excess of last
year. Yesterday the record stood 5.569,-
124 bales this year, against 5,705,280
bales 'ast yestr. During the half week
receipt*' at the counted interior towns
were 148.489, against 178,284 bales last
year. Thus far exports to the continent
exceed those of last year by 300.000 bales
and to FVance by 60.000 bales, while
Great Britain has taken 327,000 bales
less than last yea: .”
ridleiy & JAMES
AUDITORS
ATLANTA - - - GEORGIA
Weak Cables Fall Flat on Market.
Good Weather News Holds
Corn Bulls in Check.
ST. LOUIS CASH QUOTATIONS.
Wheat—No. 2 red
Corn-—No. 3 (new) .
Oats—No. 2
93 @95%
71
40%
CHICAGO, Dec. 4.—Wheat opened
j firm this morning, there being a fair
i amount of early buying. Foreign cables
j showed wheat lower, but this was with
out effect here.
Corn was steady. The forecast for
somewhat better weather held the bulls
in check.
Oats were quiet and steady following
other grains.
Provisions were easier.
CHICAGO GRAIN MARKET.
Grain quotations:
High. Low
Previous
Close. Close.
WHEAT-
Dec 87%
87%
87%
May 91%
90%
91%
9"%
July 88 a
88%
88%
88%
CORN —
Dec 72
71%
71%
71%
May 71%
70%
71%
70%
July 70%
69%
70%
69%
OATS—
Dec 39%
38%
42
39%
38%
May 42%
42%
41%
July 42%
41%
42%
41%
PORK—
Jan 21.10
20.95
20.97%
21.25
May.... 21.12%
20.92%
20.97%
21.10
LARD—
Jan 10.82%
10.77%
10.80
10.85
May... 11.10
1107%
11.07%
11.12%
RIBS —
Jan 11.00
10 95
10.95
11.05
May.... 11.25
11.17%
11.20
11.25
CHICAGO CASH QUOTATIONS.
CHICAGO, Dec. 4.—Wheat—No. 2 red,
95%@96%; No. 3 red. 93@94%; No. 2
hard winter, 93 %; No. 3 hard winter.
88%; No. 1 Northern spring, 94)% @91%;
No. 2 Northern spring, 89%@90%; No. 3
spring, 89 @90.
Corn—No. 2 yellow. 77%; No. 3 new,
67@68%; No. 3 yellow 76%, new 68%@)
71%; No. 4 new. 65@66; No. 4 white 71,
new 65@ 66%; No. 4 yellow, new, 66@68.
Oats—No. 3 white, 41%@42; No. 4
white, 39%@40; standard, 41 Vi-
ST. LOUIS CASH.
ST. IaOUIS, Dec. 4.—No. 2 red wheat,
90@95%; No. 3 red, 93; No. 2 hard, 87%@
@93; No. 3 hard, 86@90.
Corn—No. 2 nominal; No. 3 white, new,
71; old, 80; No. 4 new, 68; No grade, 56
@68; No. 2 yellow, nominal; No. 3 yel
low, new, 71 @71%; new, 71%; No. 4 new,
70; No. 2 white, nominal; No. 3 new,
71%; No. 4. 68.
Oats—No. 2, 40%; No. 3. 39@39%; No.
2 white, 42%@42%; No. 3, 40% @@41%;
No. 4, 38%@40; standard, 41%@42.
PRIMARY MOVEMENT.
WHEAT—
| 1913.
1912.
Receipts
1,147,000
1,524.000
Shipments ....
1 708.000
1,017,000
CORN—
i 1913.
1912.
Receipts
j 691,000
693.000
Shipments ....
499,000
421.000
CHICAGO
CAR LOTS.
Following are receipts for
Thursday
and estimated receipts for Friday.
Thursday.
Friday.
Wheat
27
21
Corn
104
93
Oats
67
98
Hogs
38,000
24.000
LIVERPOOL GRAIN.
LIVERPOOL, Dec. 4.— Wheat opened
% to %d higher. At 1:30 p. m. the
market was % to %d higher; closed %
to %d higher.
Corn opened %d higher. At 1:30 p m.
the market was %d higher; closed % to
Vid higher.
PORT RECEIPTS.
The following table shows receipts at
the ports to-day compared with the
same day last year:
Investment Bargain
APARTMENT—Three-Btory, six apartments, complete in every detail,
'i l on the North Side, that is remind at present for $5,400 annually.
Of owner is a non-resident, and instriw’ted us to sell. If you want some-
up to the minute, buy this before it is gone. Our price, a few
°ays only, $50,000.
MARTIX-OZBURN REALTY CO.
THIRD NATIONAL BAN'k BUILDING.
phone ivti1276. Atlanta 208
13 12 13.12 13.04 13 04 1.3.'.5 13 0.3-05
13.24 13.24 13.18 13.18 13.18-19 13.18-la
... I 1.3.19-21113.18-20
13.39 13.39113.32(13.32113.32-33113.33-34
I io oi or, i9 oo.oo
i.3.44 i3.4*4!i3,38!i3.39j 13! 3 9 - *4 0 13.39-40
13.39-41113.39-40
13.45-13.45 13.43 !3.43 13.41-43 13.42-43
Closed quiet but steady.
SPOT COTTON MARKET.
Atlanta, steady; middling 13%.
Athens, steady; middling 13%.
Macon steady; middling 13%
New Orleans, steady; middling 13 3-16.
New York, quiet; middling 13.50.
Philade'phia, easy; middling 13.75.
Boston, quiet; middling 13.50.
Liverpool, steady; middling 7.33d.
Savannah, steady; middling 13%.
Augusta, steady; middling 13 516.
Charleston, steady; middling 13%.
Norfolk, steady; middling 13%.
Galveston, stea/iy; middling 13%.
Mobile steady: middling 13%.
Wilmington, steady; middling 13c.
Litle Rock, quiet; middling 13c.
Baltimore, nominal; middling 12%.
St. Louis, quiet; middling 13%.
Memphis, quiet; middling 13%.
Houston, steady; middling 13%.
LouNvIlle, firm; middling 12%.
Charlotte, steady; middling 12c.
METAL MARKET.
NEW YORK, Dec. 4.—The metal mar
ket was weak to-day. There were no
quotations for copper. Tin, 38 .00@38.25;
lead. 4.05@4.15; spelter. 5.15@5.25.
BAR SILVER.
NEW YORK. Dec. 4.—Commercial bar
silver, i Mexican dollars, 44 %c.
1913.
| 1912.
New Orleans. . .
10,053
12,292
Galveston
13,379
17.872
Mobile
1.427
827
Savannah
9.200
6,380
Charleston . . . .
2.464
1,664
Wilmington . . . .
1.887
3,296
Norfolk
3.298
4,399
Boston
100
757
Pensacola
435
Pacific coast . . .
1,355
Various
3.896
7.214
1 otal
45,707
56.640
INTERIOR
MOVEMENT.
1913.
1912.
Houston
8,704
| 20.915
Augusta
2.445
3,541
Memphis
8,741
4,911
St. Louis
7,814
6,650
Cincinnati. . . .
2,310
1.176
Lltt e Rock . . .
1.853
Total
30,014
37,246
NEW YORK COFFEE MARKET.
Coffee quotations
Opening.
Closing.
January
9.10@ 9.25
9.35@ 9.37
February
*.20 @ 9.40
9.48@ 9.50
March !
9.40
9.62@ 9.63
April
9.56
9.74@ 9.75
May
9.71@ 9.73
9.86@ 9.87
June '
< 8::"«/* 9.88
9.96@ 9.9Z
July j
• 90 @ 9.95
10.05@ 10.07
August
9.93
10.12 u 10.14 '
September. . . .T0.12
10. •r.'rfo 10.22
October 10.10
10.25@ 10.26
November. . . .10.13
10.-6r« 10.27
December. . . .
9.21 @ 9.23
NEW YORK, Dec. 4.—J. M. Anderson:
"There has been no feature to the mar
ket to-day. Some of the bull eiaders
supported the market from time to time,
but the crowd were against an advance
and sold on all rallies. The bears con
tinue to talk lack of spot demand and
poor trade conditions. This may be
true in some quarters, but we must not
overlook the large Liverpool sales the
past few days and fair exports. This
would not indicate that Ihe wheels of
progress have stopped a’together. There
is apparently a disappointed feeling
around the floor that the market does
not decline and as some of the bulls
express, ‘It’s sometimes dangerous to
sell a dead market ’ ’’
E. F. Hutton & Co. had the following
crop advices:
Albany, Ga.: "See no reason to change
our original estimate of 2,400,000 for
Georgia. Good demand for high grades,
poor for low. Crojt-practically out this
section. Small stock, light offerings.”
Macon. Ga.: "We estimate Georgia
2,300,000 bales Receipts heavy. Demand
poor. Mpcon stock 3,600, against 11,000
last year.” r
* • *
Houston. Texas, wires The New York
Commercial: "Four million bales. No
demand for spots. Great deal of distress
cotton now being thrown on the mar
ket.”
• • *
Galveston. Texas, wires: "Texas
around 3,900.000. Spots dull. Demand
chiefly for better grades. Some pres
sure from interior holders."
* * *
Troy. Ala., wires: "Alabama crop will
not be less than 1,600,000. Demand mod
erate; good deal of spots accumulating,
held for higher prices, but there is also
more desire to sell before Christmas."
Spots are reported firm at quotations.
Good demand, but higher premium asked
for better grades, owing to bad weather
In west.
LIVE STOCK.
CHICAGO, Dec. 4.—Hogs: Receipts,
38,000; market 10r> lower; mixed and
butchers, 7.30@7.70; good heavy, 7.50@
7.70^ rough heavy. 7.15@7.40; light, 7.20
@7.60; pigs, 5.50@7.00; bulk. 7.45@7.60.
Cattle: Receipts, 6.000; market slow;
beeves, 6.7o@9.60; cows and heifers, 3.25
@7.85; stockers and feeders, 5.25@7.40;
Texans, 6.40@7.70; calves. 9.25@11.25.
Sheep: Receipts, 20,000; 'market
steady; native and Western, 3.00@5.40;
lambs, 5.75@8.00.
ST. LOUIS, Dec. 4.—Cattle: Receipts,
3.500. including 1,300 Southerns; market
steady; native beef steers, 7.60@9.15;
cows and heifers. 4.25@8.50; stockers
and feeders, 5.00@7.50: calves, 6.00@
11.50; Texas steers, 5.75@7.00; calves,
4.25@5.50; cows and heifers, 4.0*)@6.00
Hogs: Receipts, 11,500; market 10 to
15c lower; mixed, 7.30@7.66; good heavy,
7.60@ 7.65; rough, 7.25@7.40; light, 7.40@
7.55: pigs, 6.00@6.75; bu k. 7.30@7.55.
Sheep: Receipts. 1^00; market lUc
higher; muttons, 3,75@4.85; yearlings,
5.00@6.00; lambs, 5.25@8.00.
COTTON MARKET OPINIONS.
Morris H. Rothschild & Co.: We look
for a trader’s market, pending the is
suance of the Government reports.
Miller Co.: There was not much to
the market. For want of something
else to talk about, the trade was dis
cussing the Fall River strike situa
tion and- the reintroductJon of adverse
bills at Washington.
Logan &. Bryan: We favor'a trading
position.
Closed steady.
Sales, 28,000 bags.
\
MONEY AND EXCHANGE.
NEW YORK, Dec. 4.—Money on call,
5% @6%; time money unchanged; 60
days. 5 per cent: 90 days, 5 per cent;
six months, 4%@5.
Posted rates Sterling exchange. 4 82
0 4.86. with actual business in bankers’
bills at 4.8545 for demand and 4.8115(o
4.8120 for 60-day bills- V
Prime mercantile p.*pcr unchanged.
The Chicago Inter Ocean says:
“Sentiment in wheat is bullish, and
the trade is disposed to buy on any lit
tle break. All the crop accidents are
regarded as favorable to the bulls, while
the trade conditions are looked upon
as bearish.
"It is the general belief of the bulls
that there will have to be a heavy
movement and treat activity among
the shorts to deliver all the corn they
bought for December delivery.”
• * •
Rycroft, of Bartlett-Frazler Company,
says:
"Wheat is working into a very str<»rg
position the world over. Russia is offer
ing very sparingly and their crop un
doubtedly has been officially overesti
mated. Australian holders are firm In
their views and not offering.
"The Argentine exportable surplus Is
being cut down, and our cables to-day
reduce the figures to 84,000,000 bushels.
They had frost three days ago In the
south, where the acreage is very large
and crop now’ in the stage of bloom, so
that considerable damage must have
been done. India will not be a factor
next year, as she has not been able
to even seed her crop over a very large
area. Our advices are that the Canadian
crop has been very largely marketed
and there is no aceumu’ation as a re
sult of the largest receipts ever known.
Our own spring wheat has been mar
keted very closely an<i the original move
ment (bf#h in Canada and in the North
west . win drop sharply soon as bad
weather sets In. Chicago prices are on
a parity with Europe, even on an all rail
basis to the Seaboard, and American
hard winter wheat can be said to be
cheapest wheat in the world."
• * •
Bartlett. Frazier Co. says: "Wheat—
We look for a steady market to-day.
"Corn—We see nothing weak in the
situation.
"Oats—There seems to be a more
friendly feeling to the market and some
buying of an investment character.
"Provisions—General trend of prices
seems to be toward a higher level.’’
COTTON SEED OIL.
Cotton seed oil quotations.
i Opening.
Closing.
Spot
6.75 @7.05
December . . . .
7.00 @7.03
6.98 'u 7 00
January . . . .
7.00@ 7.05
7.02@ 7.04
February ....
7.05@7.10
7.04 @7.08
March
7.13@ 7.14
7.12*1 7.13
April
7.15@ 7 19
7.17@7.18
May
7.26@7.26
7.24 @7.25
June
7.27 @7.32
7.28'a 7.31
Juyl
7.36@ 7.37
7.33@7.34
i
Life’s Worth
Living in Georgia
If you prefer city life, there
are no better cities in the
world than those in Georgia.
If you prefer village life, the
smaller towns in Georgia
offer every inducement.
If you prefer country or farm
life, Georgia offers greater
inducements than any State
in the Union. Georgia lands
work the year round, from
two to five crops being gath
ered off of the same land
each year—crops that
profitable.
Climate and Soil
are
The climate is such that far
mers do not have to house
stock during the winter, there
being good grazingtheentire
year. For raising cattle and
stock Georgia offers greater
inducements than can be
found elsewhere.
The soil is suited for almost
anything that grows and can
be utilized the entire year.
The prices at which good
farm land can be purchased
at present in Georgia are so
low that it is a matter of
comment — some thinking
that the land is not so good
as stated. The land is good,
but there are thousands of
acres that are now lying idle
and the good people of
Georgia are anxious for good
farmerstocomeamongthem.
Consequently the land is
cheaper here than elsewhere.
Information Furnished
t ' - ■ —
If there is anythingyou would
like to know about Georgia,
a letter to the Real Estate
Dept, of Hearst’s Sunday
American or Atlanta Geor
gian will bring just the infor
mation you desire without
cost to you.
Come to Georgia, where life’s
worth living. Address
Real Estate Dept.
Hearst’s Sunday American
or Atlanta Georgian
Closed barely steady; sales 16,200 bbia.