Newspaper Page Text
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T^W^T * T ~'"«»7^-r> - ~ -
THE ATLANTA GEORGIAN AND NEWS.
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fl£AL ESTATE AND
CONSTRUCTION NEWS
Warranty Deeds.
J5,500—Joseph Parantha to W. S.
B i-nett, No. 180 Bass street, 45 by
f e et. November 15.
, 3 0 00—W. S. Burnette to J. F. A»-
same property. November 15.
S~ 750—Catherine E. Willingham to
j...-;.h Parantha, same property. No
vember 15.
j; 000—Mrs. Bessie L. Hitt to W. H.
Swords. No. 9 Angler avenue, 27 by
IPS feet. December 3,
t W. K. Hlx to same, same prop
er! v December 3.
14 100—Mrs. Mabel H. Moody to
Mrs Rlrde V. Gorman, lot 62 by It 1 !
fet-i north side of Jackson place, 309
f .: past of Jackson street. Novem
ber 3.
$1.100—B. B. Crane to Dowry Na-
tional Bank, lot 63 by 100 feet, north-
liner of Jones avenue and Gray
etreet December 4.
J Dove and Affection—A. R. Car-
... Mrs, M. J. Carver, lot 100 by
j,;: 1 by 50 feet, on Hattie street, 487
i west of Ellen street. September
30.
17.000—J. F. Askew to S. S. Sells,
Jr No. 180 Bass street, 45 by 177 feet
Xn\ -nber 17.
Mrs. M. F. Garner to Thomas
H Imren, lot 100 by 100 feet, north
s:i],. of Klcklighter street, 500 feet
west of Semmes avenue. November
{, no W. A. Whiteside to Warren
,7, Brownlee, lot 52 by 200 feet, east
side of Highland avenue, 105 feet
south of Oklahoma avenue. Decem
ber 4.
$1,102—F. A. Ames to W. A. Whlte-
eide, same property. July 1.
$135 -Mrs. Fannie B. Henry to Mrs.
Ad.: May Smith, lot 50 by 176 feet,
on Harrison avenue, block A. N„ cf
Eagan Park. July 5.
$.3.450— John R. King to Charles A,
Smith. No. 78 Cherokee avenue, 50 by
250 feet. November 22.
$1,01)0—George E. Johnson to C. J.
Hi. den, lot 30 by 92 feet, on Dlnden
street. 92 feet west of Williams street.
December 2.
$1,000—Mrs. Ida G. Little *o H. W.
Railey, lot 45 by 123 feet, south side
of Harwell street, 234 feet west of
Ashby street. November 24.
$3.500—Jack Hayes to Mrs. Sa
rah D. Morris, lot 5d by 200 feet, north
side of Elbert street, 201 feet west
of Stewart drive. December 3.
$110—A. P. McCrarv to J. P. Cran-
shaw, lot 130 by 134 feet, northeast
corner of Taft and Lively avenues.
May 25, 1912. ,
$1,900—J. D. Chapman to Maggie
Petty, lot 50 by 175 feet, west side it
Lee street, 343 feet north of West
End avenue. November 24.
$1,500—Walton Realty Company to
Mrs. Avie A. Bowen, lot 53 by 185
feet, south side of Lucile avenue, 53
feet east of Atwood stret. Decem
ber 2.
$1,500—Same to same, lot 53 by 185
feet, south side of Lucile avenue, 106
LOST—Black handbag, embroid
ered in pink flowers, contain
ing about $20. Reward. Norris
Candy Factory, 267 Edgewood
avenue.
feet east of Atwood street. Decem
ber 2,
Warranty Deeds.
$600 and Other Considerations—
Mrs. May Inman Gray et al. to Wal
ton Realty Company, lot 63 by 185
feet, south side Lucile avenue, 106 feet
east of Atwood street. December 2.
$500 and Other Considerations—
Same to same, lot 53 by 185 feet, south
side Lucile avenue, 53 feet east of
Atwood street. December 2.
$1,500—J. E. Clark to J. M. Mor-
risev, lot 100 by 170 feet east side
Meador street, 380 feet south of old
Waterworks road. November 24.
$3,500—D E. Moncrief to S. A.
Gheesling et al., lot 60 by 170 feet,
south side Augusta avenue. 220 feet
east of Grant street. November 20.
$850—Lee Hoyt Williams to C. R.
Williams, lots 53, 54. 55, 56, 57, 58 and
59, in Section 28, Hollywood Ceme-
terv. December 2
$50—0. C. Huff to W. A. Scott, lot
10 by 20 feet, north side of driveway
at center of Lot 66, Block 1, College
Park Cemetery. December 3.
Loan Deeds.
$1,500—Mrs. Birdie V. Gorman to
Henry Cohn, lot 62 by 116 feet, north
side Jackson place, 309 feet east of
Jackson street. I}ecember 3.
$2 000—Joseph Parantha to Mrs.
Alice May Taylor, 26.18 acres at
northwest corner land lot 9*- on Old
Settlement road. December 4.
$1,000—Mrs. Maggie Seitzinger to
W. A. Charters, lot 40 by 145 feet,
southeast corner Rosalia and Waldo
streets. December 4.
$700—Howard W. Railey to Miss E.
G. Lawrence, lot 45 by 123 feet, south
side Harwell street, 234 feet west of
Ashbv street. November 25.
$2.500—Mrs. Avie A. Bowen to Al
bert W. Metzger, lot 53 by 185 feet,
south side Lucile avenue, 53 feet east
of Atwood street. December 1.
$2,500—Same to same, lot 53 by 185
feet, south side Lucile avenue, 106
feet east of Atwood street. Decem
ber 1.
$2.000—Walter S. Dillon to Penn
Mutual Life Insurance Company, No.
302 East Fourth street, 50 by 128 feet.
December 1.
$3.000—S. W. Carson to same, No.
461 Spring street, 55 by 195 feet. De
cember 1
$41—Will Alexander to Bank of
East Point, lot 100 by 50 feet, north
side Georgia street, 250 feet east of
Harris street. August, 1913.
Commissioners’ Deed.
$2,277—Forrest Adair as Commis
sioner f o Joseph Parantha, 26.18 acres
at northwest corner land lot 92, Sev
enteenth District, on Old Settlement
road. December 3.
Quitclaim Deeds.
$1—Asa G. Candler to Walton
Realty Company, lot 53 by 185 feet,
south side Lucile avenue, 106 feet east
of Atwood street. December 2.
$1—Same to same, lot 53 by 185
feet, south side Lucile avenue, 53
feet east of Atwood street. Decem
ber 2.
$1,500—Lindsey Hopkins to W. E.
Worley, lot 123 feet front on south
side Cheshire Bridge road, land lot
50, Seventeenth District. December 3.
Terminal District Auction
December 12.
Georgia and the South on
a Cash Basis
A big buyer of fertilizer was in Atlanta
yesterday.
The agents were hot on his trail for next
year’s orders.
He was hard to handle, he buys fertilizer
in train loads for his own farms.
When they couldn’t land him. they asked
him why.
He smiled and said, “Next year I am on a
spot cash basis and will not buy till later and
will give you fertilizer men plenty of time to
think it over.”
Such dealing has never taken place in the
South before.
It is a well known fact with the Railroad
Industrial Departments of different roads in
the city, also a well known fact to a number of
real estate men, that there are hundreds of
Northern concerns seeking railroad frontage
sites in Atlanta for their Southeast and South
west distributing center. There never was
such a demand for logical, close-in track front
age. The up-to-the-minute cost system shows
that minutes are dollars. In the rapid transit
of business every minute counts, and the man
who saves, the minutes, saves and makes the
dollars.
The Stocks property will change the cen
ter of Atlanta three blocks nearer the Termi
nal Station. Convenient to passenger and
freight transportation and situated so as
o deal with all the important points in a dozen
dates. No track frontage from now on is half
o advantageous to the shipper.
For plats and information apply to
EDWIN P. ANSLEY
FORREST and GEORGE
ADAIR '
Spinners’ Taking for
Week Shows Decrease
According to Secretary Hester the vis
ible supply of American cotton for the
week show’s an Increase of 146,655 bales,
as compared with an increase of 144,-
418 bales for the corresponding week
last year and an increase of 198,165
bales during the same week the year
before. Other kinds during the week
increased 44.000 bales, against an in
crease of 8.000 bales during the same
period last year, against an increase of
6,000 bales In 1911.
The total visible supply of American
cotton for the week shows an increase
of 190,655 bales, against an increase of
152,418 bales for the same week In 1912
and an increase of 204,165 bales in
1911.
Week’s visible supply:
; ms | 1912
1911
American ....
< m her kinds.. .
Tot’l, all kinds
4.222.395 4.811-934
1,292,000 927.000
5.514.000 5.738.934
4.230.743
64 7.000
4.877:743
World's spinners’ takings:
1913 | 1912
1911
For week 1 450,000] 504,000
since Sept. 1.. 14,776,00014,346.000
Movement Into sight, week:
443.000
L154.000
] 1913 1912
mi
O’rland, week.
Since Sept. 1.
Into sight, w'k
Since Sept. 1.
So. consump...
40.300
404.902
597.255
7.943.028
105.000
64.682
420.619
648.188
7,805,335
89.000
65.073
358.576
640,945
7,585.028
70.000
Weekly Interior movement:
1 1913 i 1912
1911
Receipts?
Shipments ...
Stocks
290,137
229,860
807,905
344.336
302,621
725.763
342.413
292.680
858,453
Weekly exports:
1 1913.
1912.
For week
Since September 1 ...
288.763
4.158,395
298.718
4.134.378
14,149,500 Bales for
1913, Says Authority
NEW YORK, Dec. 5.—Miss Giles is
sued her final estimate of the cotton
crop to-day, giving the yield an esti
mate of 14,149,500 bales, including lint-
ers, or about 193 pounds to the acre.
Her preliminary estimate was 13,500,000
bales, issued early in the season.
She says that the acreage after aban-
of 2,4 P er cent aggregates 34,-
916,800 acres. Texas and Oklahoma
abandonment 4 and 5 per cent, respec
tively. She further states that tile
area still to be picked is 8 per cent,
as compared with 7 per cent last year,
against 8.7 per cent the year before
and 10 per cent in 1910.
Reports to her state that the amount
of low, undesirable grades range be
tween 400.000 and 500.000 bales.
Her estimate by States follows, to
gether with the acreage of each State:
Acreage Estimated
_ Planted. Production,
Georgia 5.459.100 2,553.000
North Carolina . 1,521,900 806.500
South Carolina . 2,522,000 1,385,000
Florida 240,200 75 000
Alabama 3,836,100 1,560.000
Mississippi 3.186,000 1.226.600
Louisiana 1,126,000 387,000
Texas 11.004.300 3,961,500
Arkansas 2.316,400 865,000
Tennessee 771,600 348,400
Oklahoma 2,747.200 885.560
Al others 175,000 100.000
Totals 34,916,800 14,149~500
Average, 193 pounds per acre.
GENERAL SELLING
PUTS COTTON OFF
Bears Hammer on Lack of Support
and Bearish Mill Takings.
Giles’ Estimate Fell Flat.
| NEW YORK, Dec. 5.—With a steady
tone prevailing the cotton market open
ed up 1 point on near positions and 1
point down on distant pionths from
Thursday’s final. It was another small
and inactive market. Trading was
purely local.
Liverpool reported fairly good cables,
while tlie final Giles crop estimate was
placed at 14,149,600 bales, including lint-
ers. The estimate was construed bull
ish, but had no effect. After the call
the market eased <*ff and continued
downward during the forenoon. Prices
eased off 3 to 6 points from the previous
close.
Advices from many sections of the
belt reported a better spot demand.
Some of the larger operators who have
been inclined to the bear side of late
\yere advising their friends not to fol
low the dip. stating that it will take
very little buying to start the list on
an upward move.
Aggressive selling during the late
forenoon and lack of resistive power
based on expectations of a bearish
week-end statement and a large Census
report Monday on ginnings, resulted in
further depression. January eased off
to 12.89; March, 13.01, and May, 12.94.
A few spot houses and local bulls were
good buyers of December, which served
to sustain the option around the initial
level. Bears continue to use their bear
ish tactics on fhe lack of spot demand.
However, private advices from the belt
contradict such theories, stating that
spots are firm with good demand.
At the close the market was barely
steady, with prices at a net decline of
9 to 16 points from the previous close.
Following are 11 a. m. bids in New
York: December. 13.15; January. 12.95;
March, 13.07; May. 13.01; July, 12.90.
Following are 10 a. m. bids in New
Orleans: December, 13.00; January,
13.14; March. 13.29; May, 13.36; July,
13.39.
Estimated cotton receipts:
Saturday. 1912.
New’ Orleans .. 9,700 to 10,700 11,319
Galveston 8,000 to 10,000 27,275
RANGE IN NEW YORK FUTURES
$5—Charles F. Rice to Franklin P.
Rice, lot 9 by 122 feet west side Rice
street. 83 feet north of West Four
teenth street. December 1.
$10—Heirs of J. £). Redwine to J
M. and C. A. Nichols, 1.34 acres in
land lot 1, Fourteenth District, on
line between land lots 1 and 37. Also
3.82 acres in land lot 36 Fourteenth
District, on line between land lots
36 and 37. February 1, 1910.
$1—Laura Graham to Charles A*
Smith lot 50 by 250 feet, west side
Cherokee avenue, 100 feet south of
Bryan street. November 22.
$1—Mrs. Fannie W. Treadw'eli to
John R. Kay, same property. Octo
ber 27.
Administrator’s Deeds.
$500—V. H. Cox (by administrator)
to Mrs. Martha H. Cox, one-half in
terest in bond title interest in 2 1-2
acres on west line of land lot 157,
Seventeenth District, 40 feet north of
Buckhead road.
Also 2 1-4 acres on north aide
Buckhead and Bolton road, land lot
182, Seventeenth District.
Also 4 acres north side said road
at line between land lots 182 and 157.
Also 25 acres in northeast corner
of land lot 182, Seventeenth 'District.
December 2.
Bonds for Title.
$750—J. M. Morrisey to J. A. Allen,
lot 50 by 170 feet, east side Meador
street. 430 feet south of Old Water
works road. November 17.
$7,000—J. K. McAdams to T. M.
Overby, lot 19, of Horine subdivision,
Ormew’ood Park on Palatine avenue.
November 25.
$4,516—W. Hampton Wynne to
Jesse B. Lee, No 22 Paine avenue,
100 by 235 feet. November 18.
$4,500—D. C. and Mrs. E. W. John
to W. S. Cannon lot 273 by 100 feet
north side Rhode street, 110 feet west
of Vine street. June 5. 1911.
Mortgages.
$400—C. E. Beem to Phoenix Plan
ing Mill lot 50 by 123 feet, west side
Cleland avenue. 150 feet southeast of
Georgia Railroad right-of-way. No
vember 1.
$100—Elbbrt Whaley to Mrs. Ella
B. Howard, lot 44 by 93 feet, corner
Diamond and Chapell streets. No
vember 1.
$840— M. H. Abbott to Atlanta
Banking and Savings Company, lot
50 by 145 feet, south side Jett street,
50 feet west of Goddard street. Also
lot 40 by 63 feet southeast corner
Spring and Parker street. Decem
ber 3.
$108—John W. Rose to same, No.
161 Pearl street, 25'by 175 feet. De
cember 3.
$500—J. B. Hart to Merchants and
Mechanics Banking and Loan Com
pany, one-sixth interest in 152 1-2
acres in northwest corner of land lot
12, Seventeenth District. April 4.
$333—W. J. (Heckler to Atlanta
Savings Bank, lot 50 by 245 feet, west
side Langhorn street 150 feet south
of Oak street. December 1.
$ 10—Charles A Smith to same, lot
50 by 250 feet, east side Cherokee
avenue. 100 feet south of Bryan
street. November 25.
$5 and other consideration—H.
Thaden to Russell E. Richards, lot
50 by 190 feet, No. 132 Davis street.
Also lot 65 by 224 feet, on West
Hunter street. 80 feet west of Jeptha
street. December 3.
$600—S. J. Jones to Security State
Bank, No. 245 North Jackson street,
47 by 139 feet. December 4.
COTTON MARKET OPINIONS.
Morris H. Rothschild & Co.: We do
pot look for any decided change until
after the Government reports are out of
the way. , ,
Logan & Bryan: The trade is antici
pating a bearish ginning report Mon
day.
E. F. Hutton & Co.: The market
shows no disposition to move either way
tor t£e next lew uay*».
c
Q
7
r
a
T
LOW.
« —
*
(A
:
0
O
S'!
0.-
Dc
113.18 13.21113.10
13.11
13.10-11 ’13.15-16
Jn
13.01
13.0"
109-
1 •-» 9 "
1* 85
13.00-01
12.95 12.95|12.95 12.95 12.83-85
12.98-13
Mh
13.13 13.3
L2.l>6
12.9&
12.98-99
13.12-13
Ap
12.95-97
13.09-11
My
13.05 13.06
ii.iti
12.93
12.92-93
13 06-07
Jn
12.86-.SS
12.92-93
Jiy
'12.94 12.94
12.82
12.83
12.81-82
12.94-95
Ag
12.67
12.67
12.67
12.67
12.56-58
12.69-70
Uc
|12.04 12.04
12.00
12.00
11.98-99
12.07-08
Closed barely steady.
LIVERPOOL COTTON MARKET.
LIVERPOOL, Dec. 5.—This market
was due % point lower to % point
higher, but opened steady at a net de
cline of 1 point. At 12:15 p. m. the
market was quiet, net unchanged to 1
point lower.
Spot cotton steady at unchanged quo
tations; middling 7.33d; sales 14,000
bales, of which 12.000 were American.
Futures opened steady.
At the close the market was barely
steady, with prices at a net decline of
4 to 5 points from the closing quota
tions of Thursday.
Open’g 2 P.M.
Close.
PTev.
Close.
Dec
. .7.02% 7.03
6.98%
7.03%
Dec.-Jan. .
. .7.09% 7 01
6.96
7.00%
Jan.-Feb. .
. .6.98% 6.99
«.95>4
7.00
Feb.-Mch. .
. .7.00
6.95%
7.00
Mch.-Apr. .
. .6.99% 6.99%
6.96
7.00%
7.00%
April-May .
, . .6.99% 7.00
6.96%
May-June .
. .7.00 7.00
6.96%
7.01
June-July .
6.94
6.98
July-Aug. .
^.6.94% 6.94%
6.97
6.95%
Aug.Sept..
6.77
6.81%
Sept.-Oct. .
6.53
6.57
Oct.-Nov. . . .6.46
Closed barely steady.
6.43
6.47
HAYWARD & CLARK’S
DAILY COTTON LETTER
NEW ORLEANS. Dec. 5.—Recent ca
ble information of good business in
Manchester is fully confirmed by the
large spot sales in Liverpool to-day—
which totaled 14.000, at unchanged
prices. Ever since The Times-Demo-
crat’s estimate was published, spot de
mand has been active all around, show
ing the trade’s acceptance of the small
er supply views.
With any support from leading specu
lators. a bull moveme.it in the market
W’ould have been easy to . accomplish,
but for some reason this force seems to
hold off.
The weather was again very bad
overnight over the western half of the
belt, with general and heavy rainfall.
The twin storm formation is still over
Texas, likely to move eastward and
cause general rains over .the central
States, lollow'ed by severe 1 cold wave
and clearing over Sunday in the west
ern States.
A large business has been done with
Liverpool and the freight rate has been
advanced 2c. Although feeling here is
bullish, the market opened about 3
points lower, owing to weakness in New
York, hut the firmness of spots checked
bearish designs. Demand for spots is
steady, offerings less pressing, and firm
prices asked.
RANGE IN MEW ORLEANS FUTURES
» c
n b
Dc 113.01113.02112.99 12.90H2.92-95I13.15
Jn 13.16 13.20 13.03113.04 13.03-04 13.18-19
Fb j 13 04-05 13.19-21
Mb 113.31 13.34 13.17 13.17J3.7-18 13.32-33
Ap I ! 113.18-19113.33-35
My H.37 13.40 13.23 13.24 13.24-25 13.39-40
Jn | 1 <13.24-26.13.39-41
.Ily 13.41 13.41 13.27 13 27 13.26-27jl3.41 - 43
Closed steady.
PORT RECEIPTS.
The following table shows receipts at
the ports to-day compared with the
same day last year:
, 1913.
1912.
New Orleans. . .
7,354
13.379
Ga'veston
9,555
21.923
Mobile
1,775
1.357
Savannah
7.706
6,342
Charleston. . . .
3,852
1.962
WMlmington . . .
2.418
2.268
Norfolk
5.330
2.269
Baltimore
2.852
2,070
Pacific coast , . .
1.047
Boston
178
303
Newport News . .
3,218
Brunswick
10.462
8,104
Port Arthur. . .
847
9.000
Various
5.239
2.340
Total
60.012
71.319
INTERIOR
MOVEMENT.
1913.
1912.
Houston
1.734
15.350
Augusta. . . . .
• 3.752
3,036
Memphis
5.812
6,544
St. Louis
1.112
6,954
Cincinnati
3,514
1.835
Little Itock . . .
1.477
Total. . . . .
34.524
34.191
SPOT COTTON MARKET.
Atlanta, steady; middling 13*4.
Athens, steady; middling 13%.
Macon steady; middling 13%
New Orleans, steady; middling 13 3-16.
New York, quiet; middling 13.50.
Philadelphia, easy; middling 13.75.
Boston, quiet; middling 13.50.
Liverpool, steady; middling 7.33d.
Savannah, steady; middling 13%.
Augusta, steady; middling 13 5-16.
Charleston, steady; middling 13%.
Norfolk, steady: middling 13%.
Galveston, steady; midtiling 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; Ynfddling 13%.
Houston, steady; middling 13%.
Louisville, firm, middling 12%.
Charlotte, steady; middling 12c.
NEW YORK, Dec. 6.—Sterrett, of
N. L. Carpenter & Co., says: "The fea
ture of the morning was Miss Giles’ crop
estimate, indicating a cotton yield from
the growth of 1913, of 14.149.500. includ
ing linters. Miss Giles calls attention
to an abandonment of 2.4 per cent in
acreage, making the total acreage 34,
916.000 acres, but her yield ner acre of
193 pounds estimated seems large to us,
and a statement that 8 per cent is yet
to be picked, compared with 7 per cent
last year is entirely at . variance with
reports that are coming to us from dif
ferent sections of the belt.”
• * *
Sterrett says: “The situation Is in no
way changed. The technical position is
against any advance. It looks like we
must have a further decline before any
substantial advance occurs
• * *
Liverpool cables: "American forward
100,305 bales; total. 127,96L. American
decreased 44.990 bales."
* * •
NEW ORLEANS. Dec. 5.—Hayward
Clark% The weather map shows fair
in the western part of Texas and North
Carolina, cloudy over the rest of the
belt, general and rather heavier rains
over the entire western half, with little
precipitation in the eastern half. Indi
cations are for clearing to colder weath
er in north Texas and Oklahoma, rain
formation and general precipitation
coming on central and eastern States.
* * *
Rainfall: Amarillo 1.04. Oklahoma City
1.04. Abilene .76, Dallas .94, San An
tonio 1.20. Corpus Christ! .02. Palestine
1.58. Shreveport .10. Fort Smith 1.22.
Little Rock .08. Del Rio .08. Houston
1.04.
* * *
> The New Orleans Times-Democrat
says: "Frost and freezing weather put
an end to the making of cotton on Octo
ber 22, and any adverse climatic circum
stance since then could have had no
other effect thap either to reduce the
yield through losses, or to lower the
grade, thereby reducing the spinning
value of the crop. Nevertheless, within
the past few days some Texas esti
mates have been raised radically by a
few people whose outturn ideas in no
way chime in with those of most peo
ple who have had occasion to investi
gate the crop promise.
"Recently Europe has complained of
the abnormal waste of this year’s re
ceipts in many cases’ amounting to as
much as 60 and 70 pounds a bale. Sec
retary Hester reports the average
weight of hales this year as materially
less than last year.
"Since Sunday extraordinary rains
and floods in portions of Texas have
further greatly damaged such cotton us
remains to he picked there, and have
not helped cotton stored in hales out in
the weather around houses and on rail
road platforms.
"On December 8 the Census Bureau
will report the quantity of cotton ginned
to December 1. and fear that the fig
ures will be large has checked specu
lative support. The trade, however,
seems impressed by the low spinning
value of the crop, by the sudden and
complete maturity of the crop ami by
the logic behind those estimates point
ing to a commercial crop somewhere be
tween 14.000.000 to 14.200,000 hales, and
there is good reason to believe that
consumers are now. and have been,
picking up cotton every day. and that
such purchases are taking the place of
speculative buying as an offset to
speculative selling.”
* • •
Big business doing with Liverpool;
freight brokers say rate advanced yes
terday 2 cents on account of so much de
mand for steamer room.
* * •
Little Rock wires: "Large spot busi
ness doing In this section. Everybody
in the qiarket and practically' every
thing held by merchants and planters
has been sold in past three days, the ba
sis the best since October. Japan
bought 1.000 bales here yesterday, and
Carolina mills are buying largely of low
grade rivers.”
Atlanta Markets
PUIS STOCKS OFF
Bearish Bank Statement Also
Selling Factor — Steel and
Copper Were Heavily Sold.
By CHARLES W. STORM.
NEW YORK, Dec. 5.—Pronounced
weakness was displayed by the Copper
stocks at the opening of the stock mar
ket to-day. Amalgamated Copper began
at 70% for a loss of % and at the end
of half an hour was selling at 70%.
Utah Copper, which sold minus the %
dividend, was % lower. Ray Consoli
dated Copper, which sold minus a divi
dend of TL, was quoted at 17%. against
18% at the close yesterday. Anaconda
Copper sold down % to 34%.
The general downward movement,
which set in yesterday, was continued
and the railroads and industrials suf
fered recessions. Among the other de
fines were United States Steel common,
%. up Tennessee Copper, %; South
ern I’aclfic. %; American Can, %, and
Canadian Pacific, %.
The prospect of a high rate for call
money caused some selling before the
opening of the call money market.
There were also some fears expressed
that to-morrow’s bank statement would
be bearish in character.
The curb was steady.
Americans In London were firm, but
Canadian Pacific there was heavy.
Prices of nearly all the important Is
sues fluctuated within a narrow range,
although at times trading was in large
blocks. I’nited States Steel sold in
large quantities without any material
change in the price of the stock. An
irregular movement in Amalgamated
Copper resulted in buyers sidestepping
that issue. Union Pacific, Southern Pa
cific and Reading remained unchanged.
The tone continued dull at the forenoon
closing
Call money loaned at 5% per cent.
NEW YORK STOCK MARKET.
6tock quotations;
Under a Duty 19 Yrs.,
Wool Is Again Free
B< >STON, Dec. 5.—After nineteen
years and five months under a duty,
wool is again free. Growers, handlers
and consumers or wool now must solve
the prob'em of whetner this is best for
the interest of the country. Few are
rasn enough to predict continued indus
trial prosperitv unaer the terms of the
radical bill, which has tust become law.
At the moment interest centers in the
withdrawal from bond of the tremen
dous volume of foreign wool, which had
been accumulated in anticipation of the
removal of the duty.
The past week had been fairly active
with more dealing in foreign wools.
Total sales are estimated at nearly 3,-
000,000 pounds. As early as possib’e on
Monday the movement to remove the
foreign wool from bonded warehouses
began, and by Wednesday some houms
reported that they had secured permits
for the removal of every pound of wool
held in bond on their account.
Receipts of wool in pounds for the
week ended and including Wednesday
are as follows:
STOCKS—
High.
Itow.
Cl 09.
Bid
Prev.
Close
Amal. Copper.
70%
70
70%
71 %
Am. Agricul..
43%
43%
Am. Beet Sug.
23
23
American Can
26%
26%
26%
26%
do, pref...
87%
87%
87%
87
Am. Car Fdy.
43%
43%
43%
43%
Am. Cot. Oil..
37
37
American Ice
20%
21
Am. Locomo..
30
30
30
30%
Am. Smelting.
62%
62%
62%
62%
Am. Sug. Ref.
105%
105%
Am. T.-T. ...
120%
120%
120%
120%
Am. Woolen..
15
15
Anacon/la ...
34%
34%
34%
34%
Atchison ....
93
92%
92%
93%
A. C. L
118
118%
B. and O
92%
92%
93
93
Beth. Steel..
29%
29%
30
25
B. R. T
88%
87%
88
87%
Can. Pacific..
225%
224%
225%
225
Cen. Leather..
25
24%
24%
24%
xC. and O. ..
56%
56%
56 Vi
57%
Colo. F. and I.
28
28
Consol., Gas..
128
127%
Corn Products
9%
9%
9%
9%
D. and H
151
150
Den. and R. G.
Distil. Secur..
Erie
do, pref...
Gen. Electric..
28
43%
43%
17%
16%
43%
139
18
16%
28%
43%
139
1 1913 |
1912
Domestic
... .1,653,804 1
823.433
Foreign
.... 574.9251
698.425
Total
. . .'2.228.733'2
521.858
Total receipts of 2.228.733 pounds,
compare with 1,648.096 pounds for the
preceding week, which 889,198 pounds
were domestic.
Receipts in pounds frolh and includ
ing January 1. 1913. as compared with
the corresponding period in 1912 are as
follows:
I 1913
1912
Domestic 152.834.530 228,618.080
Foreign ] 56.602.260 120.304.354
Total (209.436.790 348.922.434
THE WEATHER.
Conditions.
WASHINGTON, Dec. 5.—The weather
will be unsettled and rainy to-night and
Saturday in the East Gulf States, the
Mississippi and Ohio Valley and the
southern upper Lake region. Elsewhere
east of the Mississippi River the weath
er will be fair.
It w'ill be somewhat colder to-night in
the New England and Middle Atlantic
States.
General Forecast.
General forecast until 7 p. m. Satur
day:
Georgia—Generally cloudy to-night
and Saturday.
Virginia—Fair to-night; slightly cooler
to-night; Saturday fair.
North and South Carolina—Fair to
night; Saturday partly cloudy.
Florida. Alabama and Mississippi-
Unsettled to-night and Saturday; prob
ably local rains.
Tennessee—Local rains to-night; Sat
urday fair.
Louisiana—Unset tied to-night and
Saturday; probably showers and colder
in north portion to-night; colder Sat
urday.
West Texas—Unsettled to-night and
Saturday; probably showers in north
portion; colder in south and east por
tions to-night; colder in west portion;
freezing temperature in the northwest
and frost in southwest portion Satur
day morning.
East Texas—Fair and colder to-night;
Saturday fair; freezing temperature In
northwest portion.
COTTON SEED OIL.
NEW YORK. Dec. 5.—Covering of
shorts and some scattered buying on
the advance in lard served to put cot
ton seed oil prices up a couple of points.
This upturn was in the face of easier
crude#offerings, reported to he the heav
iest so far this season.
With shorts believed to be well in,
tlm market appears technically weak,
especially as the pubile has little in
terest in the market.
Cotton seed oil quotatlona.
1 Opening. | Closing -
7.04(^7.12“
7 04(67.06
7.0767.08
7.10@7.11
7.1567.17
7.1867.22
7.2667.28
7.366 7 35
7.3667.37
Spot . . .
1 >ecember
January .
February .
March . .
April . .
May . .
June .
July . . .
6.966 7.01
7.036 7.04
7.956 7.09
7.146 7.15
7.1867.21
7.256 7.26
7.266 7 32
7.366 7.37
Closed firm; sal<^ 10,700 barrels.
G. North, pfd.
124%
124%
124%
124
G. North. Ore.
33
32%
32%
32%
G. Western..
11%
11%
11%
14%
III. Central..
108%
108
107
108
Interboro ..
14%
14%
15
34%
do, pref...
60 %
58%
60%
59%
Int. Harv. (old) ....
100%
100%
M., K. and T.
20
19%
do, pref. .
53
54
L. Valley. . .
149
148%
148%
148%
It. and N. . .
132%
133%
Mo. Pacific . .
25%
25%
25%
25%
N. Y. Central.
96%
96%
96
96 */i
Northwest. , .
125
125%
Nat. Lead . .
43%
44%
N. and W. . .
103%
303%
No. Pacific . .
107%
107 Vi
107%
107%
O. and W. . .
26%
M
Penna
109
108%
109
108%
Pacific Mail .
23%
23%
1’. * iilS Co. . .
118
118
P. Steel Car .
25%
25%
25
25%
Reading . . .
152%
162
162%
162%
It. I. and Steel
19%
19%
19
39%
do, pref. .
80%
80%
Rock. Island .
14%
34%
do, pref. .
23%
23%
22
22%
S.-Sheffield. .
26
27
So. Pacific .
87%
87
87
87%
So. Railway .
22%
22%
22%
22%
do, pref. .
74%
75
St. Paul . . .
99%
99
99%
99%
Tenn. Copper.
29%
29
29%
29%
Texas Pacific.
13
33
Third Avenue
40%
40%
Union Pacific.
152%
151 %
152V1
151%
U. S. Rubber.
54
54
54%
54%
U. S. Steel . .
57
56%
56%
57
uo, pref. .
104%
104%
xxU. Copper.
47%
47%
47%
48%
V’.-C. Chem. .
i” %
27
Wabash-. . .
3%
3%
do, pref. .
,...
....
10%
10%
W. Union . .
....
61 %
62
W. Maryland .
33%
34 Vi
W. Electric .
65
65
64%
*; 1 > L .
W. Central .
43%
45%
Total sales, 205.000 shares.
xEx-dividend, 1 per cent. xxEx-divi-
dend, % of 1 per cent^
The New York Commercial: "Brook
lyn Rapid Transit has good prospects
and should be more attractive as an
investment.”
• * *
The New York Herald: "An ad
vance in the lending rate on the stock
exchange was regarded as renewed no
tice from the banks that they were not
at present prepared to finance an im
portant speculative movement.”
* * *
The New York American: "Unless in
terest can Ije revived, the enthusiasm
of Thursday will be sent back to cold
storage.”
* * *
The Wall Street Journal: "Conserva
tive quarters argue that the prospect
for enactment <>f the currency bill in
the not far distant future is the chief
bull factor."
* * *
The New York Sun: "Dealings are
professional and are made up quite
largely of continued efforts of the bull
ish element to force short covering."
The New York Financial Bureau:
"Calling of loans may offer a check to
advancing tendencies in the stock mar
ket. but on moderate recessions daily
operators should seek buying oppor
tunities for turns. The currency bill is
being put forward as a bull argument
now.
Wfftle the stock market shows less
activity than yesterday, there is good
buying on the reaction. I believe stocks
will gradually advance to a higher lev
el ami advise purchases on all weak
spots. High money rates may check
the advance temporarily, but do not ex- I
pect high money rates to last very long.
Union Pacific and Utah Copper should'
be attractive .at these prices.—G. D. f
Potter. v
EGGS—Fresh country candled. 35®
37c, cold storage. 34c.
BUTTER Jersey sn<j creamery, In
‘ 1-lb. blocks, 27%@30c; fresh country.
| fair demand, 18(o>20c.
UNDRAWN POULTRY—Drawn, head
‘ and feet on per pound: Hens. 16@17c;
fries, 224624; roosters. *@luc; turkeys,
] owing to fatness 17@19c
LIVE POULTRY - Her* *0@46c:
I roosters. 306 35c; broilers. *t>@3oe per
‘pound: puddle ducks. 30@:tt>c; Peklns,
35640c; geese. 60® 60r each; tuAeys,
owing to fatness
FRUITS AND PRODUCE. *
FRUITS AND VEGETABLES—Lem
ons. fancy, $3.756 4 00; celery. $6.00;
Florida oranges. $1.7562.00; bananas,
2%68c lb.; cabbage, per crate, 2%c lb.;
peanuts, pound, fancy Virginia, 6%@7c;
choice. 6%@6: beets. $1.756 2 00; In
half-bnrrel crates; cucumbers. $2 006
2 50; eggplants. $2.5063 00 per crate;
peppers. $1.5061.75 per crate; tomatoes,
fancy, six-basket crates. $2.5063; on
ions. $1.50 per bushel; sweet potatoes,
pumpkin yams. 75680c per bushel;
Irish potatoes $2.506 2.60 per bag; con
taining 2% bushels; okra fancy, six-
basket crates. $1.5061.75.
NUTS.
Brazil nuts. 166 18c per pound; Eng
lish walnuts. 14616c. per pound; pecans,
owing to size. 12%@;30c per pound.
FISH.
FISH—Bream and perch, 7c pound:
snapper, 10c pound; trout, He pound;
bluefish, 7c pound; p^mpano, 25c pound;
mackerel. 12c pound; mixed fish, 566c
pound; black fish, 10c pound; mullet.
ll%12c.
PROVISION MARKET.
(Corrected by White Provision Co.)
Cornfield hams. 10 to 12 average, 17%.
Cornfield hams, 12 to 14 average. 17%.
Cornfield skinned hams, 16 to 1» av
erage. 17.
Cornfield picnic hams, 6 to 8 aver
age. 12%.
Cornfield B. bacon, 24.
Cornfield sliced bacon, 1-pound boxes,
12 to case, 3.50.
Grocers’ style bacon, wide and nar
row. 18.
Cornfield fresh pork sausage, link or
bulk. 25-pound buckets, 13%.
Cornfield frankforts, 10-pound car
tons. 13.
Cornfield bologna sausage, 25-pound
boxes. 12.
Cornfield luncheon ham. 14%.
Cornfield smoked link sausage, 11.
Cornfield smoked link sausage, In
pickle, 50-pound cans, 5.50.
Cornfield frankforts, In pickle, 15-
pound kits, 1.85.
Cornfield pure lard, tierce basis, 12%.
Country style pure lard, 50-pound tins,
12%.
Compound lard, tierce basis, 9%.
D. S. extra ribs. 12%.
D. 8. bellies, medium average. 13%.
D. 8. rib bellies, light average. 13%.
GROCE Rl Elk
SUGAR—Fer pound: otanoard gran
ulated, 5c; New York refined, 4%c;
plantation, 4 P5c.
COFFEE- Roasted (Arbuckle) $2175.
AAA A $14.50 in bulk, in bags and bar
rels $21. green 20c.
RICE—iPad, 4%65%. fancy head. 6%
6 7c, according to grade.
LARD—Silver Leaf. 13c pound; Scoco.
9%c pound; Flake White, 8%c: Cotto-
lene. $7.20 per case; Snowdrift. $6 50 per
case
SALT-One hundred pounds. 53c; salt
brick (plain), per case, $2 25; salt brick
(medicated), per case, $4.85; salt red
rock, per hundredweight, $1; salt white,
per hundredweight. 90c: Granocrystal,
per case, 25-lb. sacks. 85c; salt ozone,
er case. 30 packages, 90c; 50-lb. sacks,
‘e: 25-lh sacks. 18c.
MISCELLANEOUS — Georgia cane
syrup. 37c; axle grease, $1.75; soda
crackers 7%c pound; lemon crackers,
Pc’: oyster, 7c; tomatoes (two pounds).
$1 65 case, (three pounds) $2.25; navy
beans, $3.25; Lima beans, 7%c; shredded
biscuit. $3 60; rolled oats, $3 90 per case;
grits (hags) $2 40. pink salmon, $7; co
coa. 3Pc; roast beef. $3,80; syrup. 30c
per gallon: Sterling ball potash. $3.30 p-e,
sase; soap. $1.5064 per case; Rumford
baking powder, $2.50 per case.
^FLOUR AND GRAIN.
FLOUR — Postell’s Elegant. $7.00;
Omega $6.25; Carter 8 Best, $6.25; Qual
ity (finest patent), $6.10; Gloria (self
rising). $5.90; Results (self rising), $5.40;
Swan’s Down (fancy patent) $6.00: Vic
tory (in towel sacks), $6.25; Victory
(best patent). $6.10; Monogram, $6.00;
Puritan (highest patent). $5.50; Golden
Grain. $5.60; Faultless (finest patent),
$6.25; Home Queen (highest patent),
$5.50; Sunrise (half patent). $5 00; White
Cloud (highest patent), $5.25; White
Daisy, $5.25; White Lily (high patent).
$5 50; Diadem (fancy high patent). $5.75;
Water Lily (patent). $5.15; Sunbeam $5;
Southern Star (patent), $4.(5; Ocear
Spray (patent). $5 00; Southern star, $5;
Sunbeam. $4.75; King Cotton (half pat
ent), $4.75; low grade, 98-lh. sacks. $4.
CORN—Bone dry. No 2 white, ojd, 98;
white new'. 97c; choice yellow. 97c.
MEAL—Plain, 144-lb. sacks, 91c; 96-
lb. sacks, 92c; 48-lb. sacks, 94c; 24-lb.
sacks. 96c
OATS-~Fancy white clipped. 58c; Nb.
2. 57c; fnayc white, 57c; white, 55c;
mixed, 55c.
Cotton seed meal (Harper), $28.50;
buckeye. $28.00.
Cotton seed hulls sacked, $15.00.
SEEDS—Tennessee blue stem. $1.50;
Appier oats. 75c; Texas red rust proof
oats, 68c; Oklahoma red rust proof oats,
65c: Georgia seed rye, 2%-bush. sacks,
$1.20; Tennessee seed rye, v 2-bush, sacks.
$1.00; Tennesse barley. $1.10.
CHICKEN FEED— Beef scraps. 100-lb.
sacks. $3.25; 50-lh. sacks, $3.50; Purina
pigeon C^ed. $2.50; Purina baby chick
feed, $2 35; Purira scratch, 100-lb. sacks,
$2 20; 50-lb sacks, $2.00; Purina scratch
bales, $2.40; Purina chowder, 100-lb
sacks $2.40; Purina chowder, dozen
pound packages $2.50; Victory babe
chick, $2.20; Victory scratch, 50-lb
sacks. $2.15; 100-lb. sacks, $2.10; wheat,
-.-bushel bags, per bushel, $1.25; oyster
■diell, 80c; special scratch, 100-Ib. sacks,
80c; Eggo, $2.15; charcoal, 50-!b. sacks,
per 100 pounds. *2.00.
SHORTS Red Dog. 98-lb sacks, $1.85;
w'hite, 10-pound sacks. $1.80;
dar.dy middling. 100-Ib sacks. $1.75;
fancy, 75-lb. sacks, $1.80; P. W., 75-lb.
sacks, $1.75; brown. 100-lb. sacks, $1.70;
Germ meal, 75-lb. sks.. $1.75; Georg a
feed. $1.70. sks . $1.70; clover leaf, 75-lb
sacks, $1.60; bran, 75-lb. sacks, $1.50;
100-lb. sacks, $1.50; Gerin Meal. Homeo
$1.75.
GROUND FEED—Purina feed. 100-lb.
sacks, $1.80; Purina molasses feed, $1.85:
Kandy horse feed, $1.85; Arab
horse feed, $1.85; Allneeda feed,
$1.65; Suerene dairy feed, $1.60; Mono
gram, 100-lb. sacks. $1 60; Victory
horse feed, 100-lb. sacks. $1.75; ABO
feed. $1.65; Milko dairy feed. $1.65; al
falfa meal. $1.55; beet pulp, 100-lb.
sacks. $1.65.
HAY—Per hundredweight: Timothy
choice, large bales. $1.30; large light
clover mixed. $1.20; Timothy No. 1 small
hales, $1.25; Timothy No 2 hay, $1.15;
No. I light clover mixed. $1.20; alfalfa
pea green. $1.35; clover hay. $1 20; Tim
othy standard. $1.05; Timothy, small
bales. $1; wheat straw,.70c.
1 9
LIVERPOOL’S RISE
Disappointing Movement in Ar
gentina Bear Argument—Wet
Weather Helps Corn.
ST. LOUIS CASH QUOTATIONS.
Wheat--No. 2 red 94%695%
Corn—No. 3 (new) 71 %
Oats—No. 2 40%
CHICAGO, Dec. 6.—-Wheat advanced
% to % on account of further advance*
in the Liverpool market and disappoint
ing harvesting returns in Argentina,
coupled with lighter world’s shipments.
Corn was % to %c higher on wet
weather beyond the Missouri River,
with prospects of rain to the eastward
to-day.
Oats were % to %c higher.
Provisions were somewhat higher.
Grain quotations;
WHEAT
High.
Low.
Previous
Close. Close.
Dec
88%
!'2
87%
88%
87%
May
91 %
91%
91%
July
CORN—
88%
89 %
88%
Dec
72S
71%
72%
71 %
May
71%
71
71%
71%
July
OATS—
70(8
70 Vi
70%
70%
Dec
40 U
39’4
39%
39 %
May
48%
42%
43%
42%
July
PORK—
48h,
42%
42 %
42%
21.07%
20.95
21.07%
20.9T%
d-' 12V4
21.00
21.12%
20.97%
. 10.85
10.80
10.82%
10.80
. 11.15
11.10
11.15
11.07%
■ 11.02%
10.97%
11.02%
10.95
11.25
11.20
11.25
11.20
Jan....
May...
LARD
Jan....
May.. .
RIBS
Jan....
May...
CHICAGO CASH QUOTATIONS.
CHICAGO, L>ec. 5. Wheat—No. 2
red. 96(g97; No. 3 red. 93695; No. 2 hard
winter- 89%690'; No. - 3 hard winter,
89%; No. 1 Northern spring, 91691%;
N<». 2 Northern spring, 89%690%; No. 3
spring. 87voss.
Corn—No. 2 yellow, 78%; No. 3 72%.
new 686 68%; No. 3 white, new, 696)71;
No. 3 yellow 77%, new 71% 6 72%; No. 4.
new, 66670; No. 4 white, new, 66669;
No. 4 yellow, new, 66679.
Oats No. 2 white. 42% (@>43; No. 2
white. 416 41%; No. 4 white, 40641%;
standard, 41% 642%.
CHICAGO CAR LOTS
Following are receipts for Friday and
estimated receipts for Saturday:
5 Friday.
(Saturday.
Wheat ....
21
25
Corn
82
61
Oats . , .
98
42
Hogs
24,000
15,000
PRIMARY
MOVEMENT.
WHEAT—
1 1013.
! 1912.
Receipts
.| 894.00
1 1.341.000
Shipments ....
827,000
I 599,000
CORN—
1 1913.
| 1912.
Receipts .
. 741,000
1 718.000
Shipments ....
.| 361.000
I 308,000
LIVERPOOL GRAIN.
LIVERPOOL, r>ec. 5.—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. re.
the market was %d higher; closed % to
%d higher.
LIVE STOCK.
CHICAGO, Dec. 5.—Hogs: Receipts,
26,000; market 5c higher; mixed and
butchers, 7.3567.80; good heavy, 7.666
7.75; rough heavy, 7.206 7.45; rough
heavy, 7.2067.45; light, 7.2567.65; pigs,
5.6067.10; bulk. 7.50@7.70.
Cattle: Receipts, 3.000; market
strong; beeves, 6.7569.50; cows and
heifers, 3.IJ66 7.80; stockers and feeders,
5.256 7.40; n’exans, 6.4067.70; calves,
6.1067 90.
Sheep; Receipts. 14.000; market
strong; native and Western, 3.0066-40;
lambs, 5.7568.00.
ATLANTA LIVE STOCK MARKET.
(By W. H. White. Jr., of the White
Provision Company.)
The following quotations represent
ruling prices of good quality of beef
cattle. Inferior grades and dairy types
selling lower.
Good to choice steers, 1.000 to 1,200. $t>
@6.50; good steers. 800 to 1,000, $o.75@
6.00; medium to good steers, 700 to 850,
$5.25@5.60.
Good to choice beef cows. 800 to 900,
$4,756/5.50; me.dium to good cows. 700
to 800. $4.256*»-50.
Good to choice heifers. 750 to 850, $5
@5.25; medium to good heifers, 605 to
750. $4.2564.50.
Mixed to common steers, if fat, 800 to
900, $4.5065.50; mixed to common cows,
if fat, 700 to 800. $3.75@4.75; mixed com
mon, 600 to 800. $3.2563.75; good butch
er hulls, $3,50 6 4 50.
Prime hogs. 160 to 200, $8.0068.25;
good butcher hogs, 140 to 160# $7.75@8;
good butcher pigs, L0O@14O, $7.50@7.75;
light pigs, 80 to TOO, $7@7.25; heavy
rough hogs. $7.00 6 7.75.
NEW YORK COFFEE MARKET.
Coffee quotations:
j Operdng. j Closing.
January . . ,
. . 9.30@ 9.40
9.23@> 9.24
February. . .
. . 9.45@ 9.55
9.36@ 9.37
March. . , .
. .1 9.62
9.49@ 9.51
A pril. , .
9.62@ 9.63
May. . . .
. .1 9.86
9.75® 9.76
June. . . .
. . 9.95® 9.97
9.85® 9.86
July. . . .
. .10.05
9.94® 9.96
August. . ,
. . 10.10@10.I5
10.01® 10.03
September. .
. .10.22
10.09 (a 10.11
October. . ,
. . 10.25 fd 10.30
10.15@ 10.16
November. .
. Jl0.26@10.30
10.15® 10.17
December. .
9.08@ 9.10
Closed steady. Sales, 42,000 bags.
Grain Notes
The Chicago Inter Ocean says:
‘The tone of the meat market was re
garded by most traders as better, and
in fact the speculative atmosphere v/as
better all over the hoard.
"It is said that corn bulls would be
satisfied to have prices hold around
present levels for two weeks or more, so
as not to attract loo much corn here.
It was the belief of oats traders that
the market had been sold out of late
and that the hears and elevator Inter
ests realized it. as they are finding it
difficult to make purchases without ad
vancing prices."
Bartlett. Frazier Co. says: "Wheat -
There seems to be no pressure on the
market and a broadening in trade and a
fair upturn could readily be accom
pli shed.
"Corn—Further rains west of the river
and generally cloudy in East. Shipping
demand good.
"Oats—We look for higher prices.
"Provisions We feel friendly to the
market on all recessions.”
Corn Crop Estimated
At 2,368,000,000 Bus,
B. W. Snow’s report for December
says:
"Husking largely completed, hut shows
no material change in estimated rate of
yield. After allowing for acreage on
which no corn in any shape was pro
duced the total crop is estimated at 2.-
368,000.000 bushels. Quality of the crop
has been further reduced by excessive
moisture during the past six weeks and
complaint of moldy and rotten corn
and corn down in the mud is wide
spread.
"In answer to a question, ‘Are the
farmers willing to sell corn at present '
prices?’ local agents return an emphatic
‘No.’
"Renters and producers involved in
debt are reported as being forced to
sell regardless of price, but the bulk of
producers are reported as intending to
hold for later markets and largely for
local demand.
Preliminary estimate of area seeded to
wheat 34,971,000 acres, or 2.400,000 more
than last year, an increase of 7.4 per
cent. Acreage mainly increased in the
districts of corn failure. Soil was well
prepared and growth began early; pres
ent condition of crop 95 per cent.
"The long period of wet, mild weather
extending far beyond the period of usual
fall growth has resulted in abnormal
plant development above ground ...and
corresponding deficiency in deep root
growth. The plant has failed to receive
its usual gradual hardening in premra-
tion for winter. tTnder such conditions
it is rank, sappy, tender and overgrown
and not satisfactory condition to with
stand wintry vicissitudes should the
coming season prove severe.”
Y ■
RIDLEY & JAMES
GEORGIA
AUDITORS
ATLANTA -