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THE ATLANTA GEORGIAN AND NEWS.
13
REAL ESTATE AND
CONSTRUCTION NEWS
Atlanta Veteran Named on Board
to Plan $500,000 Monument
at Gettysburg,
Land Brokers' Feast
Early in February
Date Depends on Meeting in Tampa.
North Side Sale $15,000.
Brookhaven Lot Buy.
General A. J. West, of Atlanta, hon
ored by being named In the bill In
troduced in the House of Represen
tatives Saturday as a member of the
commission to execute the plans for
the erection of a $500,000 peace monu
ment on the Gettysburg battlefield,
expressed the opinion Monday that
the bill would be passed by Congress
soon and that the commission would
begin Its undertaking at once.
"The monument will commemorate
mostly the spirit of good-will that
marked the wonderful reunion of the
Blue and the Gray last July," said
General West.
"Champ Clark, I understand, has
pledged his support to the movement,
•ind Sereno Payne, of New York, one
of the Republican leaders, also is
heartily In favor of it. There is no
doubt that it will be passed practical
ly without opposition.
Distinguished Men Named.
“The Gettysburg Peace Memorial
Association for the Erection of a
Peace Monument, 'which launched the
movement soon after the reunion last
duly at Gettysburg, is made up of
some of the principal Union and Con
federate veterans in America."
Associated with General West on
the commission proposed by the bill
are the Secretary of War; John P.
Nicholson, chairman of the Gettys
burg National Park Commission; An
drew Cowan, of Louisville. Ky.; Eli
Torrance, ex-commander-in-chief of
the G. A. R.; John C. Black, of Chi
cago. and Thomas S. Hopkins, of
Washington, D, C„ representing the
Union veterans, and former Secretary
of the Navy Hilary A. Herbert, of Al
abama; Governor W. H. Mann, of
Virginia; General E. M. Law-, of Bar
tow. Fla., representing the Confeder
ates.
Sherley Pushes Bill.
Representaive swagar Sherley, of
Kentucky, who introduced the bill ap
propriating $500,000 for the purpose, is
second in rank on the Appropriations
Committee and Is regarded as one of
the powerful men in the House.
General Law, of Bartow, command
ed Hood's Division at the battle of
Gettysburg after Hood was wounded.
Other men interested in the movement
had similar distinguished military ca
reers.
Felix H. Robertson, one of the offi
cers of the peace monument associa
tion, was a brigadier general of cav
alry at the age of 22, resigning from
West Point to join the Confederates.
His father was a major general in the
Confederate Army.
Andrew Cowan is president of the
Society of the Army of the Potoma"
and an honorary member of the Ken
tucky "Orphan Brigade,” C. S. A.
TJ. S. Court Deputies
For Florida Named
JACKSONVILLE, Fla A., Dec. 22 —
Eugene D. Dodge on January 1 en
ters into the office of clerk of the
V'nited States District Court, South
ern District of Florida. He has
named his deputy clerks.
Tampa will h-ve two deputies, W
Roger Watkins and H. L. Crane. \t
Key West, Julius Otto will be dep
uty, and J. W. Ewan will be deputy
at Miami. C. FI Johnson, who has
been for several years deputy under
Clerk E. O. Locke and who has been
most horough and efficient in his
work, will be retained as deputy
when Mr. Locke retires. The other
deputy named is W. L. Devore for
the main office. Mr. Devore was born
in Greenwood, S. C., and is a son of
E. L. Devore, a Confederate veteran.
Reformed Convict to
Become U. S. Sleuth
MOBILE, Dec. 22.—George Barton,
one-armed convict who was brought
here from Atlanta and said to be one of
the most dangerous criminals in the
United States, has reformed.
Barton who has been an inmate of
the Mobile County jail since September
last, is according to report, going to
become a member of the Secret Service
Department of the United States.
REAL ESTATE FOR SALE.
J^harp & jjjoylstoR
NEGRO INVESTMENT
PROPERTY.
THIS is three double three-room
negro houses on lot 120x100
feet, situated in one of the best
negro renting sections of the city
on paved street, with all the im
provements.
This piece of property" will en
hance in value as well as being
a more than 12 per cent invest
ment as it now stands. We can
show you the rent records on this
for the past 5 years. No better
in the city. Price $4,500. Terms.
The annual banquet of Atlanta Real
Estate Board will be held either Febru
ary 4 or 9. the date depending on the
■ s u ssi £ n of the executive committee of
the National Association of Real Estate
Exchanges to be held at Tampa, Fla..
February 6 and 7. The banquet of the
meal real estate men will be arranged
to suit the convenience of the mem
bers of the committee, all of whom have
been invited to Atlanta to see the city
Among those who have already sign!tied
their intention of accepting the invlta-
tion are Charles L. Simpson of Kansas
Ulty. president of the National Asso
ciation. and Thomas Ingersoll, of Min
neapolis. the executive secretary.
Many local real estate men will at
tend the Tampa convention with their
wives and daughters. The meeting will
have many social features.
J. R. Smith, of the Smith & Ewlr.g
agency, is head of the entertainment
committee which will have charge of
the banquet here.
Insurance List Coming.
Harris G. White, president of the At
lanta Real Estate Board, will have in a
few' days a list of the insurance com
panies doing business in Georgia and
the amount of money they are lending
in Atlanta. Jt is said that some are
doing an enormous business, but are not
lending any money. The list is in
tended as a guide to business men Mr.
White is being assisted by the Atlanta
Chamber of Commerce.
North Side Sale $15,000
H. G. White has sold a corner of
Tenth and State streets in the resi
dence section to E. H. Thompson, the
consideration being $15,000 The lot
was the property of Dr. Joel T. Daves
and the dimensions are 270 by 310 feet.
Brookhaven Lot Sold.
The Charles P. Glover Realty Com
pany has sold lot 21 of the Brookhaven
Estates to a client for $2,800. The lot
fronts 100 feet onBrookhaven Drive West
and faces the clubhouse of the Capi
tal City Country Club.
Buildlnq Permits.
$50—Shaw Stewart. No. 263 Ormond
street, rebuild porch; day work.
$2.000—H. H. Black. Miranda street,
one-story frame house; day work.
$10—Southern Railway Company, No
143 Madison avenue, erect metal pipe.
Kennedy & Co.
$175—A. H. Smith, No. 385 West
Peachtree, frame garage; day work.
$600—W. H. Wynn. St. Charles ave
nue. heating plant; Meckle-Crawford
Company.
$5—Willis Brown. Gallatin street, one-
story frame house; day work.
$1,800—W. D. Beatie, Newcomer and
Everhart streets, dwelling; day work.
Warranty Deeds.
$4.000—Frank and George R. Ed
mondson to Dolph Walker, No. 618
Edgewood avenue, 60 by 195 feet. Ju;y
9, 1912.
$5,250—Frank C. Owens to J. II.
Christian, lot ro by 128 feet, north
side of East Fourth street, 308 feet
west of Jackson street. December 8.
$2,179—Frank Schmid to J. H. Whi-
senant, lot 62 by 200 feet, west side
of Highland avenue, 1.307 feet south
of Virginia avenue. December 10.
$2,179—Same to same, lot 62 by 185
feet, west side of Highland avenue,
1.254 feet south of Virginia avenue.
December 10.
$40,000—J. F. Askew to John
Brice et al.. lot 68 by 100 feet, north
east side of Luckie street, at corner
of southeast side of Spring street. De
cember 21, 1912.
$7,000—Pittman Construction Com
pany to Asa G. Candler, No. 59 Pop
lar circle, 60 by 150 feet. December
15.
$250—Robert A. Walker to Mrs.
Emma L. Walker, lot 10) by 160 feet,
east slue of Simpson street, 258 feet
south of Mayson and Turner’s road.
December 16.
$7,250—A. J. Shropshire to Lena and
lsidor Jacobson, lot 50 by 216 feet,
east side of Capitol avenue, 135 feet
south of Ravvson street. June 14.
1911.
$500—P. P. Gollnick to Mrs. Leola
King. 1 7-8 acres on west side of Lake
avenue, land lot 147. Fourteenth D‘s-
trict, one-half interest. December 18.
$2,372—W. O. McDonnold to Ed
ward C. O’Donnell, Nos. 158 and 160
Venable street. 42 by 90 feet. Decem
ber 18.
$3,350—William Wilson to Mrs.
Daisy M. Gifford, lot 50 by 145 feci,
east side of Cameron street, 150 feet
south of Pickert street. October 1,
1910.
$600—I. X. Ragsdale to A. F. TodI.
Sr., lot 50 by 145 feet, north side of
Alamo street, 160 feet east of Hart
ford avenue. Also lot 190 by 145 feet,
north side of Alamo street. 260 feet
r-hst <>f Hartford avetuie. Also lot 140
by 150 feet, south side of Alamo street.
310 feet east of Hartford avenue. Au
gust, 1913.
Mortgages.
$1.392—Henry Cohen to Georgia
Investments, incorporated, lot 33 by
139 feet, south side Woodward ave
nue, 142 feet east of Connally street;
also strip 2 by 90 feet, on Woodward
avenue, adjoining above lot. Decem
ber 19.
$110—Laura L. Sneed to Merchants
and Mechanics’ Banking and Loan
Company. No. 49 Edwards street. 50
by 106 feet. December 19.
$550—G. M. Fishback to same, lot
Semmons, lot 52 by 90 feet, west side
Windsor street, 101 feet north of
Eads street ; also lot 2 7 by 85 feel,
north side Woodward avenue, 238 feet
east of Berean avenue. December 19.
$1,000—Morris Stein-heimer to Mrs
Ida V. Arnheim. No. 317 Mangum
street. 50 by 100 feet. December 20
$3.500—Isidor and Lena Jacobson to
Dickinson Trust Company, trustees.
No. 152 Capitol avenue, 50 by 216
feet. December 15.
$3,000—Jack D. Hayes to C. Dun
bar Roy, lot 50 by 264 feet, north side
South Gordon street, 160 feet east of
an alley. December 8.
S1.750— Mrs. Daisy M Gifford to
trustees of Emory College, lot 50 by
145 feet, east side Cameron street, 150
feet south of Pickert street. Decem
ber 19
Lien.
$54 — E. G. Willingham's Sons vs.
F. H. and J. B. Hart, lot 100 by 13J
feet, east side of Belmont avenue, 195
feet north of Genessee avenue. De
cember 18.
Bonds for Title.
$12,000—Dolph Walker to A. R. Col-
cord. No. 618 Edgewood avenue, 50 by
j 195 feet. July 17.
$1.000—J. L. Tucker to J. H. Elder.
lo\ 50 by 147 feet, southeast side of
Woodward avenue, 202 feet northeast
of Dooley avenue. December 15.
$5,000—Brookhaven Estates to D. R.
Henry and A. V. Gude, Jr., lot 100 by
230 feet, south side of Brookhaven
drive, west, being lot 21, subdivision
1, of Brookhaven. December 10.
$2,800—J. H. McCowan to H. Shan
non and J. W. Murdock, lot 50 by 20s>
feet, north side of Anna street. 123
feet east of Curran street. December
, I*-
$5,600—George N. Fotopoulos to Si*
! mon Friedman, Nos. 167 and 169 West
I Fair street, 43 bv 95 feet. December
; is.
$5,000—Mrs. Lillie S. Roberts to
Emma L. Capers, lot 35 by 52 feet,
north side of Auburn avenue, 71 feet
west of Boulevard. November, 1913.
Quitclaim Deeds.
$1—Atlanta Savings Bank to lsid >r
and Lena Jacobson, lot 50 by 216 feet,
east side of Capitol avenue, 135 feet
south of Rawson street. December
19.
$1—L. C. Darlington to Jack D.
Hayes, lot 50 by 269 feet, north side
of South Gordon street, 160 feet east
of an alley. June 24.
$5—George S. Lacy et al. to Mrp.
Mary L. Stanahan. No. 237 West Fair
street, 50 by 140 feet. July 1.
$5—Joseph E. Boston .o Mrs. Daisy
M. Gifford, lot 50 by 145 feet, east side
of Cameron street, 150 feet south -f
Pickert street. December 19.
$1—Penn Mutual I : fe Insurance
Company to A. B. Buc.d, lot 5 by 120
feet, north side of West Thirteenth
street, 275 feet east of West Peach
tree street. December 4.
Payment of Notes—Etandard Real
Estate Loan Company, bankrupt (by
trustee) to Lena A. .Kent, lot 60 by
206 feet, south side of Poqee DeLeon
avenue, 30 feet east of Boulevard.
December 16.
$6—College Park Land Company to
H. S. Wilhelt. lot 100 by 190 feet,
north side of Columbia avenue. 10$
feet east of Maiden lane. December
19.
Administrator's Deed.
$400—Estate of Ettie L. Gollnick
(by administrator) to Mrs. Leola
King, one-half Interest in 1 7-8 acres,
west side of West Lake avenue, land
lot 147, Fourteenth District. Decem
ber 18.
107 by» 680 feet, on A.. R. A- A. Rail
road, 320 feet north of Greensferry
road. December 19
Loan Deeds.
$1.000—H. S. Wilheit to Georgia
Savings Bank and Trust Company,
lot 100 by 190 feet, north side Colum
bia avenue, 100 feet east of Maiden
Lane December 19.
$2,250—Mrs J. B. Grant to Penn
Mutual Life Insurance Company, lot
40 by 150 feet, north side Cleburne
avenue, 135 feet east of Highland
avenue. December 16.
$4,000—Mrs. Carrie L. Xiall to
same. No. 32 Moreland avenue, 80
by 400 feel. December 17.
$3.500—J. H. Whlsenant to Mrs
Jennie Hagedorn. lot 52 by 200 feet,
west side Highland avenue, 1,307 feet
south of Virginia avenue. December
10.
$3,500—Same to same, lot 52 by 185
feet, west side Highland avenue. 1.254
feet south of Virginia avenue. De
cember 10.
$1,500—Jacob Auerbach to Rose
Negro Fatally Shoots
Jacksonville Deputy
JACKSONVILLE, Dec. 22.—Deputy
Sheriff Peder T. Johnson is dead
from two bullets received while at
tempting to arrest an unidentified n«-
gro on Union street Sunday morning.
Two policemen, who also were
seeking the negro for promiscuous
shooting, heard several shots, and
rushing around a nearby corner, found
Deputy Johnson dying on the side
walk and (he negro fleeing. He emp
tied an automatic revolver at tlie po
licemen and they returned the fire, but
he escaped.
)r
I’m an A-l Salesman—
Proof Is on File in My Office
I’m the ‘Want Ad
Man” of Hearst’s Sun
day American and
Daily Georgian.
You have a piano you
want to sell—a Refrige
rator, a Range, used
Furniture, old Clothing,
or something of a like
nature.
Write Out a Want Ad NOW—Phone M. lOO
or Atlanta 8000 and Let's Get Busy
In Granting Interview to Speyer,
President Shows Disposi
tion to Learn,
By B. C. FORBES.
President Wilson is now willing to
listen to financial reason. The Wash
ington dispatches that he granted
a 30-minute interview with James
Speyer, the international banker,
have been accepted as an encourag
ing omen, for heretofore the door of
the White House had been regarded
ss closed to any citizen identified
with Wall street
• * *
Mr. Speyer is one of the most level
headed. democratic, broad-minded
financiers America can boast. His
sympathies are not confined to high
finance. He takes a broad-gauge,
long-range view of economic prob
lems. To him workers are not mere
animated machines, mere automa
tons. They are human beings, cast
In the same mould as himself. He is
active in charities and in organiza
tions that deal with the unemployed.
* • *
It is to be presumed, therefore,
that in his talk with the President,
Mr. Speyer did not fall to emphasize
the need for straining every effort
to stem the onrushing tide of un
employment. 1 discussed this phase
of the situation with Mr. Speyer re
cently, and I know he regards it as
most important and as demanding
the most serious consideration. As
a director of concerns employing
many thousands of men. Mr. Speyer
naturally has first-hand knowledge
of industrial conditions.
• • •
Mr. Speyer is even more intimate
ly identified with railroad systems.
None knows better than he the plight
into which the railroads are sinking.
It is believed—and hoped—in finan
cial circles that Mr. Speyer could
not have neglected the opportunity
to impress upon the administration
the actual railroad status to-day and
the outlook for to-morrow if things
continue in their present direction.
* * *
Henry Walters, financier and rail
road authority, recently remarked to
a friend, I am told, that there were
28 railroads, big and little, which
would fall into receivers’ hands were
nothing done to stop the current
trend. He had the names of the 28
at the tip of his tongue.
• * *
Last week I made a public plea to
the Interstate Commerce Commission
to forego part of their holidaying,
take off their coats and get to busi
ness in dealing with the Eastern
railroads’ request for higher freight
rates. I would repeat that exhorta
tion with even greater earnestness
now. The prevailing uncertainty is
paralyzing. It should not be pro
longed one unnecessary day. Con
ditions are unhappy enough without
needlessly aggravating them by a
dilly-dallying, what’s-the-hi/rry pol
icy in so grave and pressing a mat
ter.
• * •
Aren't a revolutionary new tariff
and an impending new currency law
unsettling influences enough for the
present? Why pile on the agony by
gratuitous acts of omission or com
mission?
• • %»
If the entente cordials could only
be firmly established between those
who employ men and those who are
running the Government, a return of
confidence would be greatly has
tened.
• * *
Unfortunately, the Treasury De
partment is at loggerheads with
banking interests and has followed
a policy that lias evoked widespread
criticism. The intimation that whole
sale. country-wide prosecution of
bankers is being planned by Treasury
officials is construed as a fresh indi
cation of the relations between the
department and those who manage
the banking business of the land. So
long as a spirit of hostility exists, the
possibilities of an unsettling rupture
will not be dismissed from mind.
♦ * *
May it not be that President Wil
son will take a hand in smoothing
out existing wrinkles in the general
situation? The financial community
has more faith in him than in the
majority of his Cabinet.
• * *
Even a rumor that real heavy
weights would be chosen as mem
bers of the Federal Reserve Board,
the overlords of the nation's new
banking system, was accepted grate
fully by financial circles yesterday.
The rumor, however, was very thin.
It named James .T. Hill as prospec
tive chairman of the board. Mr. Hill
months ago declared he would NOT
accept a. position on the board. Paul
M. Warburg was given as another
selection. Mr. Warburg told me yes
terday afternoon that the news was
news to him—that, indeed, he didn’t
believe it, was news, only talk.
* * *
If the Government could induce
men of Mr. Warburg's caliber to join
the Federal Reserve Board, even if
for only the first year, our national
bankers would lose much, if not all,
of their nervousness over the admin
istration of the new system.
Tarheel Marshals
Approved in Senate
WASHINGTON. Dec 21! The Seriate
Judiciary committee to-day reported fa
vorably on the nomination of Charles
Webb, of North Carolina, to be United
States Marshal for the western district
of North Carolina, and W. T. S. Dortsch
to be United States Marshal for the
eastern district of North Carolina
The nomination of Francis D. Win
ston, of North Carolina, to be United
States Attorney for the eastern district
of North Carolina was referred to a
subcommittee.
Spot Houses and South Dump
Christmas Cotton on Market.
January Sells at 11.75.
NEW YORK. Dec. 22. Liverpool ca-
P. "pre awaited with nervousness by
tne bulls, for It was realized they would
Kim* a cue to the Impression which the
.•relgners made of the bearish Census
ginning figures, Issued Saturday. Liv
erpool just about responded to the break
here at the close of the week, resulting
in the cotton market opening barely
steady, with prices at a net decline of
*«. joints from the initial range,
l he selling was rather active on the de
cline, coming mainly from the ring
Near positions declined 1 to 3 points
from the opening
On the second break there was a good
demand for foreign accounts, which
brought some covering by shorts. This
er.eouiageu some buying by spot houses
and prices rallied within a point or two
of the previous close. The tone was
firmer.
Pandemonium broke loose during the
extreme forenoon, when the South ring
and leading spot' brokers flooded the
niarket with Christmas cotton, result-
lng in prices going into new low grounds
for the movement, or over $10 a bale
lower than the high levels established
in October On the break January
dropped to 11.75, December 12.01, March
12J)2 and May and July sold at 12c.
J he market was friendless. Those who
fought fo ra reaction at the outset
turned sellers, leaving the list entirely
In the hands of the bears and they
hammered every option In the list un
mercifully.
Buying orders were lacking until these
levels were established. Then a wave
of scattered covering by shorts caused a
few points rally. However, the selling
continued aggressively.
Conservative operators say the mar
ket Is slightly improved through the
heavy liquidation of late but the buy
ing power is insufficient to lift it. They
also contend that no advances of con
sequence can be sustained until the
South stops selling spots.
At the close the niarket kas steady,
with prices at a net decline of 16 to 18
points, except October, w-hieh was H
points lower than the final quotations
of Saturday.
Following are 11 a. m. bids in New
York: December. 12.19, January. 11.90;
March. 12.17; May, 12.15; July. 12.14
Following are 10 a. in. bids in New
Orleans: December. 12.19: January,
12.30; March. 12.47, May, 12.58; July.
12.61.
Estimated cotton receipts:
_ _ Tuesday.
New Orleans 20.500 to 22,500
Galveston 24.000 to 25,500
1912.
10,018
33.580
RANGE
IN NEW
YORK FUTURES.
c
V
a
£
a
*
o
ast
a’«
m
•
o
s?
O
I
J
J </)
O
0.0
Dc
112.15
12.18
12.01
12.03
12.02-03
12.20-21
Jn
.11.85
11.92
11.74
11.76
11.76-78
11.92-93
Handi .vjtc s|J%wn’shrdcmf cm cm emo
Fb
11.80-82
11.95-98
Mh
12.10 12.19
11.99
12.02
12.00-02
12.20-21
Ap
|
11.99
12.19-21
My
112.10112.17
li.98
i i .99
11.99-01
12.19-20
Jn
11.99-01
12.17-19
Jly
12.1012.17
11.99
12.01
12.01-02
12.17-19
As
11.90 11.93
11.80
11.89
11.80-81
11.96-98
Sp
11.52-54
11.60-62
Oc
11.40 LI.50
1 1.40
i 1.43
11.40-41
11 48-50
Closed steady.
LIVERPOOL COTTON.
LIVERPOOL, Dec. 22.—Due 9% points
lower on December and 17 points lower
on January and V3% to 15 points lower
on later position^, this market opened
easy at a net decline of 11 to 13 points
At 12:15 p. m. the market was quiet, 14
to 15Vi points net low'er on near months
and 8% to points decline on late poL
sitlons. Later the market advanced %
point on July-August from 12:15 p. m.
Spot cotton quiet, at 16 points decline;
middling, 6.92d; sales, 7,000 bales, in
cluding 6,500 American bales.
At the close the market was steady,
with prices at a net decline of 9% to
15% points from the closing quotations
of Saturday.
Future** opened easy.
Prey,
Op ing. :
l P M.
Close.
Close.
1 )ec.
6.60
6.59 %
6.75
Dec-
■Jan. .
. 6.61
6.69
6.59%
6.74%
Jan. -
Feb. .
. .6.61%
6.62
6.62
6.72 %
Feb.-
Mch. .
. .6.65
6.63%
6.64
6.78%
Mch
-Apr. .
. .6.69
6.65%
6.60
6.80%
A pr -
• May .
. .6.68%
6.66%
6.79%
May-
June .
. .6.68
6.64%
6.65
6.79
J une
-July .
6.62%
6.62%
6.76%
July-
Aug .
.6.62”
6.59%
6.59%
0.74
Aug.
-Sept .
. .6.49
6 48%
6.49
6.62
Sept
-Oct..
. .0.31
6.30%
6.41
Oct-
Nov.
. .6.20
6.20 %
6.21%
6.31
Closed steady.
HAYWARD & CLARK S
DAILY COTTON LETTER
NEW ORLEANS. Dec 22 English
consols show an advance of ' 4 . and Lon
don sends the following: "Decidedly
more optimistic in the money situation,
decided change for the better in Paris.
Sentiment changing and it is consid
ered possible that the stock markets
will enter the new year with buoyancy.”
On our side, a feeling of confidence
is likewise gaining ground, now that the
currency reform measure is nearly an
accomplished fact, and the opposition Is
accepting the inevitable with good
grace. Liverpool came in as due, about
14 points lower on futures and 16 points
lower on spots; sales 7,000 bales. The
drop in spot sales shows hesitation,
which is only natural after such a se
vere break as that which occurred Sat
urday in the market of the producing
country.
First trades here were at a decline of
about. 8 points. There was a good de
mand, easily accounted for by the very
large discount of futures under spot
quotations. The inability to buy spots
on the decline in futures produces a
hedge demand from consumers, while
bullish expectations have received a
severe shock lately, the belief in jus
tifiably higner values on this season’s
fundamental conditions of supply ami
requirements Is unshaken and invest
merit buying is making its appearance.
The coming holiday and notice day
period may check or delay bullish en
terprise until after the turn of the year
With the uncertainty attending the
making of large crops as demonstrate/!
this year present prices are Justly con
sidered below a reasonable value.
Cotton Gossip
The record of gllinings In past seasons
after December I follows: 1912, 1,633,-
428,622 bales; 190!*, 1,196.845 bales. 1908,
1 428.^622 bales; 1909. 1.196.845 bales. 1908,
| 2.077,344 bales The average for the
past eight years was 2,068.400 bales.
Theodore Price on his recent return
trip through the Southern States, which
carried him down the Atlantic States
to New Orleans, then across Louisiana
and Texas to San Antonio, then north
through central Texas, Oklahoma and
Arkansas, says he lias seen enough to
confirm his belief that this year's cotton
crop will be over 15.000.000 bales.
• • •
John M. Berry, of Rome, Ga . one of
the largest spinners of the State, while
here last week, told his friends that the
w’orld would be surprised to see what a
small amount of cotton yet remains to
be ginned in the Eastern belt. Mr.
Barry, besides being engaged in the mill
business, operates a number of cotton
gins.
• • •
NEW ORLEANS, Dec. 22 Hayward
& Clark: "The w'eather map shows
fair in the Tennessee mountains and
North Carolina; cloudy in the rest of
the belt, snowing in Oklahoma and rain
ing over most of Texas; general precip
itation in the Western and Central
States."
* * *
H. F Bachman & Co. sa> "After a
decline of l%c per pound, a reaction
should i"- In order but we <1© n**t d•«»u
for a permanent advance until the gen
eral business outlook becomes better.
"It is evident that the position of
cotton, which is bullish, bus nothing to
do with the decline. The depression in
other lines and the uncertainty as to
the effect of new legislation upon the
business of the country, is the real
cause of the weakness in the staple.
News from Boston that yarns were In
very poor den and and that mills were
buying only from hand to mouth came
at a time, when a 1 faction looked prob
able. The effect on the market was dis
couraging."
* * •
Blundell, of Liverpool, cables "'Think
decline over, spinnej-s big buyers."
• * •
'The local spot market Is reported
quiet. There Is a good demand for the
better grades, but little offering, lower
grades are freely offered and about l 4
of a cent lower to trade, but even at
this concession spots are way above fu
tures.
NEW YORK COFFEE MARKET.
Coffee quotations:
GIN LIST EASY
► Mining. | Closing.
January • •
. . . 1 9.12fa
February. . .
. 9.25fa
9.38 1 9.26fa
March. . .
. . 9.35 fa
9 45 9.40fa
April. . . .
. . 9.45 fa
9.55. 9.53fa
May. . . .
. . 9.66
9.06 fa
June. . . .
. .! 9.97fa
9.80' 9.78fa
July. . . .
. . 9.85fa
August. . .
9.93©
September. .
\ 1 10.04
i 10.02 fa 1
October
. . 10.08fa 10.12 10.09fa 1
November. .
. .,10.10
10.1801
December. .
9 uo fa
9.20 9. lOfa
Closed steady. Sales, 16,250 bags.
THE WEATHER.
Conditions.
WASHINGTON. Dec. 22 - The indica
tions are that the gulf storm will move
northeast ward and will cause rains to
night ami Tuesday in the South Atlan
tic. East Gulf States and Tennessee
and rain or snow In the Ohio Valley.
The area of rains attending this storm
will overspread the Middle Atlantic
States Tuesday or Tuesday night.
General Forecast.
General forecast until 7 p. m Tues
day ;
Georgia—Rain to-night and Tuesday.
Virginia—Increasing cloudiness to
night followed by ruin in east, and rain
or snow In the western portion Tues
day.
North Carolina—Rain to-night and
Tuesday.
South Carolina, Alabama and Missis
sippi Rain to-night and Tuesday.
Florida—Rain to-night aqd probably
Tuesday.
'Tennessee—Rain in south; probably
rain or snow in north portion to-night
and Tuesday.
Kentucky Rain or snow to-night and
Tuesday.
Louisiana—Unsettled to night and
Tuesday; probably showers Tuesday
East Texas—Fair to-night; Tuesday
fair; freezing In north and frost in
southwest portion.
West Texas—Fair fo-night and Tues
day.
ATLANTA LIVE STOCK MARKET.
(By W. H. White. Jr., of the White Pro
vision Co.)
While cattle receipts were t rmal. the
local live stock market ruled steady at
unchanged prices during the week. There
was some improvement noted in quality
with a better assortment coming in.
Light receipts are anticipated for the
remainder of this month, which should
be true on account of the light demand
during the holiday period.
Hogs In good supply, market easy.
Good to choice steers, 1,000 to 1.200.
6 00fa 6.50; good steers. 800 to 1,000. 5.75
fa,6.00; medium to good steers. 700 to 850,
5.25fa6.50.
Good to choice beef cows. 800 to 900,
5.00fa5.50; medium to good cows. 700 to
800. 4 50 fa 5 O0.
Good to choice heifers, 750 to 850. 5.00
fa 5.25; medium to good heifers, 650 to
750. 4 25fa 4 50.
The above represents ruling prices of
good quality of beef cattle. Inferior
grades and dairy types selling lower.
Medium to common steers, if fat. 800 to
900. 6 00fa5.50; mixed to common cows, if
fat. 700 to 800. 4.00fa 5 00; mixed common,
600 to 800, 3.25fa4.00; good butcher bulls,
3.50fa 4.50
Prime hogs, ICO to 200, 7 C0fa7.80; good
butcher hogs. 140 tu 160. 7 40fa. 7.60; grvod
butcher pigs. 100 t<> 140 7 .25fa7.40; light
pigs, 80 to 100 6 76fa7 25 heavy rough
hogs. 6.50fa7.25
Above quotations apply to corn-fed
hogs, mast and peanut-fattened lc to
l%c under.
COTTON SEED OIL.
Demand for Am. Tel. & Tel. Di
minished, Issue Declines—List
Has Irregular Appearance.
By CHARLES W. STORM.
NEW YORK, Dec. 22.—Western Union
was the weakest issue of the list at the
opening of the stock market to-day. de
clining to 55, within the first few min
utes. for a net loss of 26 from Satur
day’s final. The demand for American
'Telephone and Telegraph, which was
strong on Saturday on account of the
agreement with the Government, dimin
ished anti this Issue sold around 122 for
a decline of %.
The list had an irregular appearance
though the undertone was steady. There
was some good buying In the dividend
paying Issues. Lehigh Valley going to
153%. the highest point it lias touched
for some time.
The gains included St. Paul, %; Le
high Valley. %; Delaware and Hudson,
American Gar and Foundry %. and
Anaconda Copper, *4.
Canadian Pacific rivaled Western
Union in price recession, selling down to
215% for a loss of 2% at the end of half
an hour’s trading.
The other Issues Included United
States Steel common, %; Union Pacific,
\ . Southern Pacific, •% ; Pennsylvania,
' 4 . Amalgamated Copper, •%; Erie, •%,
and Baltimore and Ohio, •%.
New Haven sold unchanged.
The curb was strong
Americans in London advanced after
selling off. Canadian Pacific In London
was under pressure.
Trading was in larger volume than for
some time and the tone was strong all
through the forenoon, with price move
ments narrow. People's Gas, American
Sugar and Lehigh Valley. however,
made quick response to moderate buy
ing. Canadian Pacific on foreign trad
ing declined % to 215%. Copper was off
'»• Western Union was heavy, dropping
2 more points The railroads in general
he'd firm with fractional advances.
Call money loaned at 3%.
Stocks were strong In the last hours
Steel went to 59% lor a net gain of %
on the day. American Can sold around
30 1 h for a gain of 1% from Saturday’s
final Southern Pacific went to 89% for
a net gain of 1% on the day. Reading
sold around 166% or 1% above Its noon
range. Western Union rallied slightly
front ts fidday figures, advancing to
56%. Gains were general
The market closed strong. Govern
ments unchanged; other bonds strong.
NEW YORK STOCK MARKET.
STOCKS—
A mal. Copper.
Am. Agrieui..
Am. Beet Sug
American Can
do. pref.. .
Am. Car Fdy.
Am. Cot. Oil.
American Ice
Am. Lo<<>uak
Ant. Smeltmg
Am. Sug. Ref.
Am. T.-T. ..
Ant. Woolen..
Anaconda ....
Atchison ....
A. C. L
B. and O
Beth. Steel..
B. R. T
Can. Pacific..
Cen. Leather..
C. and O
Colo. F. and I.
Colo. Southern
Big Receipts, Large Shipments,
Increase in Breadstuff's Was
Wheat Easing Factor.
ST. LOUIS CASH QUOTATIONS.
Wheat No. 2 red
Corn No. 2
Oats No. 2
CHICAGO, Dec. 22.—There were loss
es in all the. grain pits on the Board of
Trade to-day and yet there was some
reactionary power shown from the low
est levels of the session. Resting spots
showed losses of % to % for wheat, %
to % for corn and % to % for oats Hog
products were generally stronger.
Grain quotations:
Previous
ions:
Clos.
Pre»
High.
Low.
Bid.
Close
71%
70%
71 %
71%
43
43
. .
23%
23%
30%
28%
30 %
28%
89%
88
44%
44%
ID,
44%
37
36%
28%
28
23%
22 %
29%
29%
29 %
29%
63
62%
63%
62%
108
107 *
106%
106%
123
121%
I 28
122%
16
15%
34%
34%
34%
34%
94%
93%
94%
94
116%
116%
117
116%
n%
92%
93
92%
30%
30%
30%
30%
87%
87%
87%
87%
216%
214%
215%
218%
26%
26%
26%
26%
68%
58%
58%
68 %
28%
28
28%
28%
1
Open. |
High
Low. |
"• fi
Jcr
*•
a
o
u
n
0.0
Dc
12.18
12.22
12.08 12.11 12.08-10
12.27-28
Jn
12.24
12.32
12.07 12.11 12.10-11
12.29-30
Fb
. . .. 12.15-17
12.35-37
Mh
12.40
12.51
12.27 l
2.29 12.29-30
12.47-48
Ap
. . .' 12.30-33
12.47-49
\1y
12.50
12.61
12.38 12 40 1 2.40-41
12.58-59
Jn
... 12.40-42
12.58-00
.11V
,'.2.6C
12.03
12.42 1
2.44 12.44 40
12.62-63
Oc
11.57
111.67
1 1 44 11.44 1 1
30
11.50
C
losed
steady.
PORT RECEIPTS.
The following table show's receipts al
the ports to-day compared with the
same /lay last year:
Battleship Ohio in
Port for Fumigation
WASHINGTON, Dec. 22.—Having
left more than a score fo her crew in
the pest camp at Guantanamo, Cuba,
the battleship Ohio reached the
Charleston (S. O.) Navy Yard to-day.
The Ohio w ill be fumigated an 3
quarantined to rid her of all traces of
smallpox before she goes to relieve
the Michigan in Mexican waters.
1913.
1912
New Orleans. . .!
10,582
9.111
Galveston
13.117
22.829
Mobile
3,594
1.604
Savannah
9.170
5.161
Charleston. . . .
1.638
1.824
\\ ilrnington . . .
2.406
1,524
Norfolk
3,279
3,355
New York . .
50
Philadelphia . . . .
125
\ arious
5.107
3.80J
Total |
60,374
50,402
INTERIOR
RECEIPTS.
1913.
1912
Houston. . . .
23.510
23.831
Augusta
2.120
1.882
Memphis
10,107
10,493
St Louis ...
2.147
3.512
Cincinnati. . .
1.354
3.223
Little Rock . .
1.086
Total
39,238
4%037
Cotton seed oil quotations:
1 Opening.
Spot . „ . ..." ••••••••’•”• 1
Dec ember .... 6.61 fa 6.80 |
January . . . J 6.71 fa 6
February
Mareh
April . . ,
May . .
June .
July . .
Closing
6.60fa 6.75
6 60fa 6 72
6 69 fa 6.71
9 <22*6.7
6.87fa 6.88 !6.84fa)6.86
. 6.98fa 6.99 J 6.9606.96
. 7.05fa7.07 1 7.04fa7.07
.J 7.17fa 7.18 7.15 fa, 7.16
7 I8fa'7.22 7 20fa7 22
.' 7.27fa7.28 7.25fa7.27__
Closed barely steady; sales 2,400 bbls.
SPOT COTTON MARKET.
Atlanta, nominal, middling 12%
Athens, steady; middling 13ft
Macon steady; middling 13>4
New Orleans, steady; middling 13c.
New York, quiet; middling 12.50.
Philadelphia, easy: middling 12.75
Boston, quiet; middling 12.50.
Liverpool, easier; middling 6.95d.
Savannah, quiet; middling 12%.
Augusta, steady; middling 12 13-16.
(;ha rlestoi • • middling 13%.
Norfolk, steady, middling 12%.
Galveston, quiet; middling 13%.
Mobile, steady; middling 13%.
Wilmington, steady; middling 13c.
Lit Me Rock, quiet ; middling 13c
Baltimore, nominal; middling 12%.
St Louis, quiet; middling 13V*.
Memphis, steady; middling 13%
Houston, steady; middling 13 1-11.
Louisville, firm; middling 12%.
London Will Honor
Benjamin Franklin
Special Cable to The Atlanta Georgian.
LONDON. Dec. 22.—It is proposed
tc commemorate the residence of
Benjamin Franklin in Bartholomew
( lose, where he worked in a printing
shop, by placing a tablet in the Lady
chapel of the Church of St. Bartholo
mew the Great, Smithfleld.
The church wa# founded in 1128,
D. and II
161%
151%
150%
151
Den. and R. G
17%
17%
Distil. Secur..
20
18%
19
19%
Erie
29
28%
28%
28%
do, pref...
44%
44%
44%
44 %
Gen. Electric.
138 %
138
G. North, pfd.
126 %
126
126%
126%
G. North. Ore
34
33
G Western..
11
11
Ill. Central...
106
105%
106%
105%
Interboro ...
14%
14%
14%
14%
do. pref...
60
59%
60%
59%
Int. Harv. (old) ....
103
101
M., K. and T.
20 %
20
do, pref. .
53%
53%
L. Valley. . .
163%
152 %
153%
152%
L. and N. . .
133%
133 %
133%
133%
Mo. Pacific . .
25 V*
25%
24%
25
N. Y. Central.
93%
92%
93
92%
Northwest. . .
125%
126
Nat. Lead . .
44
44
N. and W. . .
104%
103%
104%
103%
No Pacific . .
108%
108%
109
108%
O. and W. . .
26 %
26%
Penna.
108%
108 %
109%
108%
Pacific Mail .
23%
23%
P. Gas (Jo. . .
126
120
120%
,
P. Steel Car .
26
25%
Reading. . . .
166%
164%
166 %
164%
R. I. and S..
19%
19%
20
19%
do. pref. .
81%
80
Rock Island .
14%
13%
do. pref. .
21%
21%
S-Sheffield. .
26
26%
So. Pacific . .
89%
87%
86%
87%
So. Railway .
22%
22%
22%
22%
do, pref. .
76%
76 %
7 6
75%
Ht. Paul . . .
300%
100
100%
100
Term. Copper.
30 V*
30
30%
30%
Texas Pacific.
13%
12%
Third Avenue
41%
41
Union Pacific.
155
154
155 %
154%
i' s ftubbi r
55%
55%
do, pref. .
105 Vi
105
10’%
106%
Utah Copper.
49
48
48%
48 .
V.-C. Chem. .
28
25%
Wabash....
3
3 Vi
do, pref. .
8%
8%
8%
8%
W. Union. . .
57
54%
56%
59%
W. Maryland.
34
33
W. Electric .
64 %
64%
64%
64
W. Central. .
43
43%
THE METAL
MARKET.
NEW YORK. Dec.
22.—
The tone of
WHEAT—
Dec ....
May
July
CORN—
Dec
May
July •
OATS—
Dec
May
July
PORK—
Jan... 2<
May. . 2<
LARD—
Jan... l(
May... 11
RIBS —
Jan... l<
May. ... 1]
High. Low.
Close
. Close.
88 Vi
89%
87%
88
91 %
90%
91
91 %
87%
81 %
87%
87%
69%
68%
69
89%
69
69%
89%
(>«-»
68 %
68%
68%
39%
39
39%
39%
41 A.
41%
41%
41%
41
40%
407.
41%
>.55
20.55
20.55
20.52%
>.87 %
20.82%
20.82%
20.75
►.67%
10.65
10.65
10.62%
:.05
10.97%
10.97%
10.97%
► .80
10.7V Vi
10.77%
10.77%
.10
11.07%
11.07%
11.05
CHICAGO CAS HQUOTATIONS.
CHICAGO, Dec. 22.—Wheat, No 2
J.»fa 96. No. 3 red. 93fa 94, No. 2 hard
win 1 • 88%fa89%; No. 3 hard winter,
88fa 88 ' 4 . No. I Northern spring. 90%fa
91%; No. 2 Northern spring, 89%fa90%.
No 3 spring. 87%fa88%.
Corn—No. 2 new 69% <8)69%: No 2
yellow. 69%fa,70; No. 3 63%fa65 ; No.
3 white, 65fa66; No. 3 yellow. 03%fa)65%;
No. 4, 65%fa 60; No. 4 white. 57(8563; No
4 yellow 08fa 63.
Oats, No 2. 40%; No. 2 white. 41; No.
3 white 39%fa40; No 4 white, 39@39%*
standard, 40%fa41.
PRIMARY MOVEMENT.
WHEAT—
I 1913. |
1912.
Receipts . . .
Shipments . .
. . .1 1.613.000 ]
.. ,| 784,000 |
1,645,000
640,000
CORN—
1 1913. |
1913
Receipts . . .
Shipments . .
. . .1 2,690,000 t
. . .1 787.000 |
1,654,000
694,000
ST. LOUIS CASH.
ST LOUIS, Dec. 22.—Wheat: No. 2
red. 9:»fa 96%; No. 3 red. 93fa94; No 2
hard, 86fa93%; 3 hard, 85%fa93; 4 hard.
85.
Corn: No. 2. 67fa68; No. 3. 64%fa65%;
No. 4. 59fa60. No. 2 yellow, 67fa68; No. 3.
60fa 66; No 4. 69fa60; No. 2 white. 67fa
68. No. 3 white, 66fa66fa; No. 4 white,
68fa61.
Oats: No 2. 3SV404O: No. 3, 3!>; No
4. 38: No. 2 while, 41 : u®43; No. 3. 40ih
41, No. 4 white, 35&3914. standard, 41
&41V4.
LIVERPOOL GRAIN.
I,I\ KRPOOL., Dec. 22.—Wheat opened
unchanged. At 1:30 p. m. the market
was unchanged; dosed % to i t d lower
t'orn opened unchanged. At 130 p m
the niarket was '..d higher; dosed !,d
higher.
WORLD'S GRAIN SUPPLY.
Following shows the world’s visible
supply of grain for the week:
This
Week.
Wheat 62,369,000
Corn 4.556.000
Oats . . * 26.482.000
Last
Year
61,314.000
3.789.000
8,421,000
VISIBLE SUPPLY CHANGES.
Following shows the weekly visible
8iipipy changes of grain:
Wheat increased 1.376.000 bushels.
Corn increased 2.182,000 bushels.
Oats decreased 730,000 bushels
Bartlett-Frazier Company says:
"Wheat -The continuance of a dull
but steady market is probable during
the next few days.
"Corn —The market as a whole does
not yield readily to bearish sentiment
and reacts easily from an oversold con
dition.
"Oats—Competition from Canada in
the cash department is causing a re
newal of bearish feeling and Inducing
some short selling.
"Provision*—The market generally is
in no way weak."
the metal market was firm to-day.
Copper spot offered at 14.15; December
to February, 14.05; lead. 3.96fa 4 05; spH-
ter and zinc. 5.15fa5.25; tin. 36.62%fa'37.
BAR SILVER.
LONDON, Dec. 22.- Bar silver steady
at 26 13-16d.
LIVE STOCK MARKET.
CHICAGO, Dec. — Hogs Receipts
34,000. Market 10c higher. Mixed and
butchers, $7.45fa7.85; good heavy, $7.70
fa 7.80: rough heavy, $7.40fa7.65; light,
$7.45fa7.75; pl^s, $5.85fa7.25; bulk, $7.60
fa 7.80.
Cattle-Receipts 17.000 Marker 10c
higher Beeves. $6.75fa9.50; cows and
heifers. $3.25fa8.10; Stockers and feed
ers. $5 60fa7.40. Texans, $6.40fa7.70;
calves, $8.50falO.5O.
ST. LOUIS, Dec. 22.—Cattle: Receipts,
4,800, including 1,500 Southerns; mar
ket steady; native beef steers. 7.o0fa
9.75; cows and heifers. 4 25fa8.50; Stock
ers and feeders. 5.00fa7.50; calves, 6.00
fall.00; Texas steers, 5 75fa7.00; cows
and heifers. 4.00fa6.00.
Hogs Receipts. 16.000; market 5 to
10c higher; mixed. 7.60fa7.80; good. 7.75
fa 7.85; rough. 7.40fa7.50 lights. 7.50fa
7.75. pigs. 6.50fa7.50: hulk. 7.50fa7.75.
Sheep: Receipts. 2.000: market steady;
muttons. 3.75fa 4.65, yearlings, 6.00fa7.15;
lambs, 6.25fa7.60,
G. D. Potter says: "I am bullish on
stocks '■•>! the long pull, as I expect
to see many favorable factors develop
within the next mon'h that will en
courage Investors. Would buy Union
Pacific. Reading and American Can on
any fair recession."
• * *
Twelve industrials advanced .90.
Twenty active rails advanced .63.
•
can Telephone and Telegraph and West
ern Union have been maintained as sep
arate corporations and their dissolution
does not involve any reorganization of
the Western Union. Interchange of fa
cilities are to be continued.
• * #
Steel business continues light.
• • •
G. P Potter says: "The stock mar
ket holds the advance of last week well
and ha* everj appearance of going
higher. The large interests have been
consistent buyers, believing that the
passage of the currency bill means in
flation and an appreciation in values
I believe it advisable to confine opera
tions to the active issues, including
Union Pacific, Reading and Steel.”
NEW YORK PRODUCE.
NEW YORK. Dec. 22 Petroleum
firm; crude Pennsylvania. 2.50.
Turpentine steady. 45%fa46.
Rosin steady: common. 4 00.
Wool steady; domestic fleece, 2t%fa>
25; pulled, scoured basis. 32fa50; Texas,
scoured basis, 40fa52.
Hides quiet; native steers. 19 (asked);
branded steers, 18V* tasked).
Coffee dull; options opened 8 to 9
points low-er; Rio, No. 7 spot, 9%.
Rice steady; domestic, ordinary to
jirlin.-. 3% fa 5%.
Molasses steady; New Orleans, open
kettle, 35fa55.
Sugar, raw. weaker: centrifugal. 3.20
fa3.23; muscovado, 2.70fa2.73; molasses
sugar. 2 45fa2.48.
Sugar - , refined, easier; fine granulated,
4.10fa4.25; cut loaf. 5.25; crushed, 5.15;
mold A. 4.70fa4.80; cubes. 4.35@4.50;
powdered. 4.25fa'4.35: diamond A, 4.25;
confectioners’ A. 4.05fa:4.15; softs. No. 1,
4.00fa4.15. (No 2 Is 5 points lower than
No. 1, and Nos. 3 to 14 are each 5 points
lower than the preceding grade.)
Potatoes weak: white nearby. 1.7ofa)
2.75; sweets. 60fal 75; Bermudas. 3.25fa
5.25.
Beans unsettled; marrow choice. 4.83
fa 5.40; pea, choice, 3.40fa 3.65; red kid
ney, choice. 5.25fa5.30.
Dried fruits irregular; apricots, choice
to fancy. 13%fal6: apples, evaporated,
prime to fancy, 6®R; seeded raisins,
choice to fancy, 6@6%.
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