Newspaper Page Text
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THE ATLANTA ULUKUJAN ANT) NEWS.
13
REAL ESTATE AND
CONSTRUCTION NEWS
A. ,mta Veteran Named on Board
to Plan $500,000 Monument
at Gettysburg.
tr
th
a) A- J. West, of Atlanta, hon-
\ heioff named In the bill ln-
. ail in the House of Represen-
- Saturday as a member of the
aasion to execute the plans for
, rection of a $500,000 peace monu-
• :! on the Gettysburg battlefield,
.si ■ -sed the opinion Monday that
. ,ilt would be passed by Congress
f on and that the commission would
begin Its undertaking at once.
The monument will commemorate
mostly the spirit of good-will that
...,,-ked the wonderful reunion of the
and the Gray last July," said
G 'iieral West.
, hump Clark, I understand, has
[-.'edged his support to the movement,
' . .j Sereno Payne, of New York, one
-he Republican leaders, also is
.eartilv In favor of It. There is no
, ...iM that It will be passed practtcal-
;'v without opposition.
Distinguished Men Named.
The Gettysburg Peace Memorial
Association for the Erection of a
p, i.-o Monument, which launched the
m'uement soon after the reunion last
ji;:v at Gettysburg, is made up of
? nme of the principal Union and Con
federate veterans in America.”
sociated with General West on
■ ■ commission proposed by the bill
arc the Secretary of War; John P.
\ cholson, chairman of the Gettys
burg National Park Commission; An
drew Cowan, of Louisville. Kv.; Eli
Torrance, ex-commander-in-chief of
the G. A. R.; John C. Black, of Chi-
,-ago, 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.
P.cpresentaive swagar Sherley, of
Kentucky, who introduced the bill ap-
-ting $500,000 for the purpose, is
. end in rank on the Appropriations
-mmittee and is regarded as one of
i a powerful men in the House.
■ ral Law, of Bartow, command-
liood’s Division at the battle of
•n .burg after Hood was wounded,
i-i-.’r men interested In the movement
similar distinguished military ca-
Land Brokers’ Feast
Early in February
Date Depends on Meeting in Tampa.
North Side Sale $15,000.
Brookhaven Lot Buy.
The annual banquet of Atlanta Real
Estate Board will be held either Febru
ary 4 or 9, the date depending on the
f£ 8S i8 n , of exe °utive committee of
tne Rational Association of Real Estate
exchanges to be held at Tampa, Fla.,
rebruary 6 and 7. The banquet of the
local real estate men will be arranged
to suit the convenience of the mem
bers of the committee, all of whom have
I been invited to Atlanta to see the city.
Among those who have already signified
their Intention of accepting the invita-
I ri?/ 1 are Cb ar le s I". Simpson of Kansas
L-Ity, president of the National Asso
ciation, and Thomas lngersoll, of Min-
| neapolis. the executive secretary.
Many local real estate men will at-
I tend the Tampa convention with their
j wives and daughters. The meeting will
I have many social features.
J. R. Smith, of the Smith & Ewir.g
agency, Is head of the entertainment
committee which will have charge of
the banquet here.
Insurance List Coming,
j Harris (_}. White, president of the At-
J 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
I In Atlanta. It Is said that some are
doing an enormous business, but are not
lending any money. The list is in
tended as a to business men. Mr.
j White is being assisted by the Atlanta
1 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, tho
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 or.Brookhaven Drive "West
and faces the clubhouse of the Capi
tal City Country Club.
.\ H. Robertson, one of the offl-
• r of the peace monument associa-
li. was a brigadier general of cav-
ty at the age of 22. resigning from
West Point to join the Confederates.
His father was a major general in the
Uonfederate Army.
Andrew Cowan is president of the
Society of the Army of the Potomac
•id an honorary member of the Ken
tucky “Orphan Brigade,” C. S. A.
U.S. Court Deputies
For Florida Named
JACKSONVILLE, FLA., Dec. 22.—
Eugene D. Dodge on January 1 en
ters into the office of clerk of the
United 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. At
Key West, Julius Otto will be dep
uty. and J. W. Ewan will be deputy
at Miami. C. E. 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
• nited States, has reformed.
Barton who has been an inmate of
Mobile County jail since September
last, is according to report, going to
beonme a member of the Secret Service
Department of the United States.
real estate for sale.
Bulldinq Permits.
$50—Shaw Stewart. Ne. 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.
$176—A. H. Smith, No. 385 West
Peachtree, frame garage; day work.
$600—W. H. Wynn. St. Charles ave
nue, heating plant; Meckle-Crawford
Company.
$6—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. 613
Edgewood avenue, 50 by 195 feet. Juiy
9, 1912.
$5,250—Frank C. Owens to J. H.
Christian, lot TJ 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 52 by 200 feet, west side
of Highland avenue, 1,307 feet south
of Virginia avenue. December 10.
$2,179—Same to same, lot 52 by 185
feet, west side of Highland avenue,
1,254 feet south of Virginia avenue.
December 10.
$40,000—J. F. Askew to John A.
Brice et al., lot 68 by 100 feet, north
east side of Lu^J^e 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 side of Simpson street, 258 feet
south of Mayson and Turner’s road.
December 16. •
$7,250—A. J. Shropshire to Lena and
Isidor Jacobson, lot 50 by 216 feet,
east side of Capitol avenue, 135 feet
south of Rawson street. June 14.
1911.
$500—P. P. Gollnick to Mrs. Leola
King. 1 7-8 acres on west sidePf Lake
avenue, land lot 147, Fourteenth Dis
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 feet,
east side of Cameron street, 150 feet
south of Pickert street. October 1,
1910. _
$600—I. N. Ragsdale to A. F. Todd.
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
east of Hartford avenue. .Also lot 140
by 150 feet, south side of Alamo street,
3io feet east of Hartford avenue. Au
gust, 1913.
Mortgages.
$1.392—Henry Cohen to Georgia
Investmems. incorporated, lot 33 by
139 feet, south side Woodward ave
nue, 142 feet east of Connallv 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
S :
iarp
povlston
I)
NEGRO INVEST MENT
PROPERTY.
ills is three double three-room
■ lto houses on lot 120x100
situated in one of the best
■uro renting sections of the city
' n 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
• t the past 5 years. No better
u the city. Price $4,500. Terms.
Summons, lot 52 by 90 feet, west sido
Windsor street, 101 feet north of
Eads street; also lot 27 by 85 feet,
north side Woodward avenue, 238 feet
east of Berean avenue. December 19.
$1,000—Morris Steinheimer 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.
$1.750—Mrs. Daisy M. Gifford to
trustees of Emory College, lot 50 by
145 feet, east side Cameron street, 150
j feet south of Pickert street. Decem
ber 19.
Lien.
$54—E. G. Willingham’s Rons vs.
F. H. and J. B. Hart, lot 100 by 130
feet, east side of Belmont avenue, 195
feet north of Genessee avenue. De
cember 18,
Bonds for Title.
512.000—Dolph Walker to A. R. Col-
| cord, No. 618 Edgewood avenue, 50 by
195 feet. July 17.
$1,000—J. L. Tucker to J. H. Elder,
lot 60 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 20&
feet, north side of Anna street, 123
feet east of Curran street. December
18.
$5,600—George N. Fotopoulos to Si
mon Friedman, Nos. 167 and 169 West
Fair street, 43 bv 95 feet. December
18.
$5,000—Mrs. Lillie S. Roberts fro
Emma L. Capers, lot 33 by 52 feet,
north side of Auburn avenue, 71 feet
west of Boulevard. November, 1913.
Quitclaim Deeds.
$1—Atlanta Savings Bank to Isidor
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 Mra.
j Mary L. Stanahan, No. 237 West Fair
! street, 50 by 140 feet. July 1.
$5—Joseph E. Boston o Mrs. Daisy
I M. Gifford, lot 50 by 145 feet, east side
of Cameron street, 150 feet south of
Pickert street. December 19.
$1—Penn Mutual I*fe Insurance
Company to A. B. Bue’,1, 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 Ponce DeLeon
avenue, 30 feet east of Boulevard.
December 16.
$5—College Park Land Company to
j H. S. Wilheit, lot 100 by 190 feet,
; north side of Columbia avenue, 104
feet east of Maiden lane. December
j 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-
| her 18.
107 by 680 feet, on A.. B. & A. Rail
road, 320 feet north of Greensferry
road. December 19.
Loan Deeds.
$1.000—H. S. Wflheit 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. Niall to
same. No. 32 Moreland avenue, 80
by 400 feet. December 17.
$3.500—J. H. Whisenant to Mrs
Jennie Kagedorn, 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 ne
gro on Union street Sunday morning.
Two policemen, who also were
seeking the negro for promiscuous
shooting, heard 5*everal shots, and
rushing around a nearby corner, found
Deputy Johnson dying on the side
walk and the negro fleeing. He emp
tied an automatic revolver at the po
licemen and they returned the fire, but
he escaped.
r,
I'm an
Proof Is
A-l Salesman—
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 MOW—Phone M. 100
or Atlanta 8000 and Let's Get Busy
)k=z
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
as 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 fail to emphasize
the need for straining every effort
to stem the onrushing tide of un
employment. I 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-hurry pol
icy in so grave and pressing a mat
ter.
• mm
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?
• • m
If the entente cordiale 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 has 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 J. 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 j
for only tho first year, our national !
bankers would lose much, if not all, j
of their nervousness over the admin
istration of the new system.
Tarheel Marshals
Approved in Senate
i -
WASHINGTON, Dec. 22.—The Senate
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 \V. T. S. Dortsch
to be United States Marshal for the
eastern district of Nor: h Carolina.
The nomination of Francis D Win
ston. of North Carolina, to he 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-
nles were awaited with nervousness by
tno bulls, for it was realized they would
give a cue to the impression which the
loreigners 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
5 to 10 points from the initial range.
I he selling was rather active on the de
cline, corning 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
encourage some buying by spot bouses
and prices rallied within a point Or two
of the previous close. The tone was
firmer.
Pandemonium broke loose during the
extreme lorenoon, when the South ring
and leading spot brokers flooded the
market w'ith Christmas cotton, result
ing in prices going into new low grounds
for the movement, or over $10 a bale
ower than the high levels established
in October. On the break January
dropped to 11.75, December 12.01, March
12 02 and May and July sold at 12c.
The market was friendless. Those who
foufeht fo ra reaction at the outset
turned sellers, leaving the list entirely
in the hands of the hears 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 ctmtend that no advances of con
sequence can he sustained until the
South stops selling spots.
At the close the market kas steady,
with prices at a net decline of 16 to 18
points, except October, which was 8
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. m. bids in New
Orleans: December, 12.19; January,
12.30; March, 12.47; May, 12.58; July,
12.61.
Estimated cotton receipts:
Tuesday. 1912.
New Orleans 20,500 to 22,500 10,618
Galveston 24.000 to 25,599 33,580
RANGE IN NEW YORK FUTURES.
a
O
SZ
a
T
Low
x,«
</)
•*
m
a
O
> r
* O
0.0
Dc
12.15112.18112.01112.08
12.02-03
12.20-21
.In
11.85 11.92
11.74 11.76
11.76-78
11.92-93
9a nd
il.vjtc S J ;l >
wn’shrdcmf cm
:m emo
Fb
11.80-82
11.95-98
M h
12.10112.19
11.99
12.02
12.00-02
12.20-21
Ap
11.99
12.19-21
My
i 2.1*6
12.17
CO
ii.99
11.99-01
12.19-20
.In
12.V0
11.99-01
12.17-19
Jiy
12.17
ii.99
12.01
12.01-02
12.17-19
Ag
11.90
11.93
11.80
11.89
11.80-81
11.96-98
Sp
11.52-54
11.60-62
uc
ii.id
11.50
ii.40
ii.43
11.40-41
11.48-50
Closed steady.
LIVERPOOL COTTON.
LIVERPOOL, Dec. 22.—Due 9Li points
lower on December and 17 points iower
on January and 13Vi to 15 points lower
on later positions, this market opened
easy at a net decline of IT to 13 points.
At 12:15 p. m. the market was quiet, 14
to 15Li points net lower on near months
and 8Li to 12 points decline on late po
sitions. Later the market advanced %
point on July-August from 12:15 p. in.
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 8Li to
15Li points from the closing quotations
of Saturday.
Futures opened easy.
Prev.
Op’lng. 2 P.M. Close. Close.
6.60 6.59 Li 6.75
. .6.61 6.59 6.59Li 6.74 Vi
. .6.61 Vi 6.62 6.62 6.72Li
. .6.65 6.63Li 6.64 6.78Vi
. .6.69 6.6oLi 6.66 6.80 Li
. .6.68Lt» 6.65Li 6.79Li
.6.68 6.64 Li 6.65 6.79
Cotton Gossip
The record of winnings In past seasopa
after December 1 follows: 1912, 1.833,-
428.622 bales; 1909, 1,196,845 bales; 1908,
428, 622 hales; 1909, 1,196,846 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 has seen enough to
confirm his belief that this year’s cotton
crop will be over 15,090,000 bales.
* • •
John M Berry, of Rome. Ga.. one of
the largest spinners of the .State, while
here last week, told his friends that the
world 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.
m m m
NEW ORLEANS, Dec 22. -Hayward
* Clark: “The weather map show's
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. say: “After a
decline of lLfcc per pound, a reaction
should be in order, but we do not look
for a permanent advance until the gen
eral business outlook becomes better.
“It is evident that the position of
cotton, which Is bullish, has 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 demand and that mills were
buying only from hand to mouth came
at a time, when a reaction looked prob
able The effect on the market was dis
couraging.’’
• * •
Blundell, of Liverpool, cables: “Think
decline over; spinners big buyers.”
ipot
quiet. There is a good demand for the
is reported
g<
better grades, hut little offering; iower
grades are freely offered and about Li
of a cent lower to trade, but even at
this concession spots are way above fu
tures.
NEW YORK COFFEE MARKET.
Coffee quotations:
January
February
March
April
May
June
July
August
September. . . .
October . . . .
November. . . .
December. . . .
Closed steady.
| Opening | Closing.
I 9.12® 9.13
9.25(0) 9.38 ! 9.26® 9.27
9.35® 9.45 9.40® 9.41
9.45® 9.55 9.53® 9.54
9.66 ! 9.66® 9.67
9.97® 9.80 9.78® 9.79
| 9.85® 9.87
9.93® 9.95
10.04 '10.02® 10.04
10 08@10.12 10.09® 10.10
10.10 10.13® 10.14
9 00® 9 “0 :t 10® 9.12
Sales, 16,250 bags.
Dec. . . .
Dec.-Jan.
Jan.-Feb.
Feb.-Mch.
Mch.- A pr.
Apr.-May
May-June
June-July
July-A ug.
Aug.-Sept
Sept.-Oct..
Oct.-Nov.
Closed steady.
.6.62
.6.49
.6.31
.6.20
6.62Li 6.62L6 6.76y a
6.59 % 6.59L6 6.74
6.48 Li 6.49 6.62
6.30Vz 6.41
6.20L^ 6.21 Vz 6.31
HAYWARD & CLARK'S
DAILY COTTON LETTER
NEW ORLEANS, Dec. 22.—English
consols show an advance of Vi. 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 Tower 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 havp received a
severe shock lately, the belief In jus
tifiably higner values on this season’s
fundamental conditions of supply and
requirements is unshaken and invest
ment buying is making its appearance.
Tho coming holiday and notice day
period may check or delay bullish en- ,
terprise until after the turn of the year.
With the uncertainty attending th*'
making of large crops as demonstrated
this year present prices are justly con
sidered below a reasonable value.
. IN NEW ORLEANS FUTURES
THE WEATHER.
Conditions.
WASHINGTON, Dec. 22.—The indica
tions are that tlie gulf storm will move
northeastward and will cause rains to
night and 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 rain 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 Lain to-night and Tuesday.
Florida—Rain to-night and 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 normal, the
local Jive 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.do® 6.50; good steers, 800 to 1,000, 5.75
®6.00; medium to good steers. 700 to 850
5.25 fa 5.50.
Good to choice beef cows, 800 to 900,
6.00® 5.50; medium to good cows, 700 to
800. 4.60®5 O0.
1 Good to choice heifers. 750 to 850. 5.00
@5.25; medium to good heifers. 650 to
75C. 4.25@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. 5 00®5.50; mixed to common cows, If
fat* 700 to 800. 4.00@5.00; mixed common
600 to 800, 3.25® 4.00, good butcher bulls'
3.50 @4.60.
Prime hogs, 160 to 200, 7.60® 7 80; good
butcher hogs, 140 to 160, 7.40® 7.60; good
butcher pig:-. 100 to 140, 7.25® 7 40; light
pigs, 80 to 100 6.75® 7.25, heavy rough
hogs, 6.50@7.25
Above quotations apply to corn-fed
hogs, mast and peanut-fattened lc to
lVjjC under.
• COTTON SEED OIL.
Cotton seed oil quotations:
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 65, 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 and this issue sold around 122 for
a decline of %.
'I’he 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 has touched
for some time.
The gains Included St. Paul, Vs: Le
high V alley. Delaware and Hudson,
%. American Car and Foundry Li, and
Anaconda Copper, *4.
Canadian Pacific rivaled Western
Union In price recession, selling down »o
215% for a loss of 2% at the end of half
an hour’s trading.
The other issues Included United
States Steel common, L4: 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 216V4. Copper was off
' j. Western Union was heavy, dropping
2 more points. The railroads In general
he'd firm with fractional advances.
'
Stocks were strong in the last hours.
Steel went to 69Ls Tor a net gain of %
on the day. American Can sold around
30% for a gain of 1L6 from Sat onlay’s
final Southern Pacific went to 89% for
a net gain of 1% on the day. Reading
sold around 166*4 or 1% above its noon
range. Western Union rallied slightly
from ts fidday figures, advancing to
56%. Gains were general
The market closed strong. Govern
ments unchanged; other bonds strong.
NEW YORK STOCK MARKET.
Big Receipts, Large Shipments,
Increase in Breadstuff’s Was
Wheat Easing Factor.
Spot . a .
I )ecember
January .
February
March
April - . .
May . .
June
July
Closed b;
• enJng.
J 6.61® 6.80
,! 6 71 ® 6.72
i Closing
6.60® 6 75*
6.60® 6.72
6.69® 6.71
6 87® 6.88 6 84® 6.85
6.98*
7 05(37 ",
7.17® 7 18
! 7.18® 7 22
7.27® 7.28
6.95® 6 96
7.04® 7.07
7 15® 7.16
7 20® 7 J2
7.25® 7 27
rely steady; sales 2,400 bbls.
12.24 12.32 12.07 12.11;
112.40 12.51 12.27 12.29j
i 2.50 12.61 12.38 i 2.40
12! 60 12.63 12*42 12.44
14(11 M
losed steady.
12.08-
12.10-
12.15-
12.29-
12.30-
12.40-
12.40-
12 44-
11.30
10 12
II 12
17 12
30 12
33,12
41 12
42 12
46 12
ill,
PORT RECEIPTS.
The following table shows receipts at
the ports to-day compared with the
. arne day last year:
1 913.
Battleship Ohio in
Port for Fumigation
New Orleans.
Galveston. . .
Mobile. . . .
Savannah. . .
Charleston. .
Wilmington .
Norfolk....
New York .
Philadelphia .
Various. . . .
10,582
13.117
3,594
9.170
1,638
2,466
3.279
5,107-
WASHINGTON, Dec. 22.—Having
left more than a score fo her crow in
the pest camp at Guantanamo. Cuba, |
the battleship Ohio reached 'he |
Charleston (S. C.) Navy Yard to-day ,
The Ohio will be fumigated * in i
quarantined to rid her of all traces of
smallpox before she goes to relieve
the Michigan in Mexican waters.
Total.
50,974
1912.
9.11 r
22,929
1,664
5,161
1,824
1,524
3,355
50
125
3,801
50.402
INTERIOR RECEIPTS.
Houston. . . .
.1 28.510 |
23,831
Augusta. . . .
2,120
1.882
Memphis. . . .
10.107 1
10.493
St Louis. . .
2,147 !
3,512
Cincinnati. . .
1,354
3,223
Little Rock . .
.1 1
1,086
Total.
39>238 44,037
SPOT COTTON MARKET.
Atlanta, nominal; middling 12 r 'i
Athens, steady; m idling 13*1
Macon steady; middling 12'i
New Orleans, steady; middling Ur.
New York, quiet; middling 12.50.
Philadelphia, easy: middling 12.75.
Boston, quiet: middling 12.50.
Liverpool, easier; middling- 6.95d.
Savannah, quiet, middling 12V
Augusta, st. . • ; ; middling 12 13-16.
Charleston, steady; middling 13L4
Norfolk, steady; middling J2V
Galveston, quiet: middling 13V4-
Moblie. steady; middling 13V
Wilmington, steady: middling 13c
Little Rock, quiet; middling 13c.
Baltimore, nominal; middling 12V
St Louis, quiet middling 13*4
Memphis, steady; middling 13L4-
Houston, steady; middling 13 1-1L
Louisville, firm, middling 12L4-
London Will Honor
Benjamin Franklin
Special Cable to The Atlanta Georgian.
LONDON. Den. 22 it is proposed
to commemorate the residence of
Benjamin Franklin in Bartholomew
dose, 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.
Tho church was founded in 1128.
6tock quotations;
STOCKS— High,
Antal. Copper. 71^4
Am. Agricul
Am. Beet Sug
American Can 30%
do, pref
Am. Car Fdy. 44^
Am. "*Cot. Oil
American Ice 23 ft »
Am. Locomo.. 29%
Am. Smelting 63
Am. Sug. Ref. 108
Am. T.-T. .. 123
Am. Woolen
Anaconda .... 34%
Atchison. .... 94%
A. C. L 116%
B. and 0 92%
Beth. Steel.. 30%
B R T 87%
Can. Pacific.. 216%
Cen. Leather.. 26%
C. and 0 68%
Colo. F. and I. 28%
Colo. Southern
Consol. Gas.. 129
Corn Products ....
D. and H 151%
Den. and R. G
Distil. Secur.. 20
Erie 29
do, pref... 44%
Gen. Electric
G. North, pfd. 126La
G. North. Ore ....
G. Western
Ill. Central... 106
Interboro .... 14%
do, pref... 60
Int. Ilarv. (old) ....
M. , K. and T
do, pref
L. Valley. . . 153%
L. and N. „ . 133%
Mo. Pacific . . 26%
N. Y. Central. 93%
Northwest
Nat. Lead
N. and VV. . . 104%
No Pacific . . 108%
O. and W
Penna 108%
Pacific Mail
P. Gas Co. . . 126
P.‘Steel Car
Reading. . . . 166%
It. I. and S.. 19%
do, pref
Rock Island . ....
do, pref
S.-Sheffield
So. Pacific . . 89%
So. Railway . 22%
do, pref. . 76%
St. Paul . . . 100%
Tenn. Copper. 30*%
Texas Pacific
Third Avenue ....
Union Pacific. 155
U. K Rubber
do, pref. . 105%
Utah Copper. 49
V. -C. Chem
Wabash
do, pref. . 8%
W. Union. . . 57
W Maryland
W Electric . 64'%
\Y. Central
Low.
70%
28%
44%
23
29%
62%
107
121%
34%
93%
116%
92%
30%
, 87%
214%
26%
58%
28
129
151%
18%
28%
44%
126
105%
14%
69%
152%
133%
25%
92%
103%
108%
108 V
120
164%
19%
87%
22 %
76%
100
30
154
105
48
8%
54%
Cloa.
Bid.
71%
43
23%
30%
89%
44%
37
>
29%
63 Ta
106%
123
16
34%
94%
117
93
30 %
87%
215%
26%
68%
28%
27
129%
9%
150%
17%
19
28%
44%
138%
126%
34
11
106%
14%
60%
103
20%
53%
153%
133%
24%
93
125%
44
104%
109
26 %
109%
23%
120%
26
166 %
20
81%
14%
21%
26
86%
22%
76%
100%
30%
13 %
41%
155%
55%
10’%
4*%
28
3
8%
56 %
34
64%
43
Pref.
Close
71%
43
23%
28%
88
44%
36%
22%
29%
62%
106%
122%
15%
34%
94
116%
92%
30%
87%
218%
26%
58%
28%
27%
128
9
151
17%
19%
28%
44%
138
126 Vi
33
1 I
105%
14%
59%
101
20
63%
152%
133%
25
92%
126
44
103%
26%
108%
23%
118%
25%
164%
19%
80
13%
21%
26%
87%
22%
75%
100
30%
12%
41
154%
65%
105%
48
25%
3V4
8%
59%
33
64
43 %
ST. LOUIS CASH QUOTATIONS.
Wheat—No 2 red 95 @95%
Corn—No. 3 67 @68
Oats—No. 3 39%@40
CHir.fno, Her. 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
WHEAT-” gh Ij ° W Cl0Se ' Cloee -
J7 eo 88 Vi 89% 87% 88
21^ ' M> '* 91 9 lft
CORN- 8 ''’ 87 '* 87,4 87 >
Ty c «# a s «*»S *8 59%
May 69% 69 69% 69%
OATS- 6878 68H 68 ' V ‘ 687 *
£ ec MU 39 39% 39%
May 514 41% 11% 41%
PORK- ” 4 ° 7 " 4U *
•Tan.... 20,55 20.55 20.55 20.52%
May 20.87% 20.82% 20.82% 20.75
LARD—
Jan.... 10.67% 10.65 10.65 10.62%
U - 05 10.97% 10.97% 10.97%
rCI J3o—
Jan.... 10,80 10.77% 10.77% 10.77%
May.... 11.10 11.07% 11.07% 11.05
..CHICAGO CAS HQUOTATIONS.
' „ I >ce 22. Wheat. No 2
95(0 96; No. 3 red, 93®94; No. 2 hard
"‘“‘v,’, 884@89%; No. 3 hard winter,
88@8S%; No 1 Northern spring, 90%@
91%. No. 2 Northern spring. 894(09014;
No. 3 spring, *
Corn—No, 2 new 69% @69 4; No 2
yellow, 69%@70; No. 3 634(065 ; No
3 white. 654/ 66; No. 3 yellow, 63%@65%'
No. 4. 5581®60; No. 4 white, 67@63; No.
4 yellow, o8@6S
Oats, No 2. 40%; No. 2 white, 41; No.
3 while 39%@40; No. 4 white, 39@39%;
standard, 40% @41.
PRIMARY MOVEMENT.
WHEAT—
1913.
1913.
Receipts
Shipments
1.613,000
784,000
1.645.000
640,000
CORN—
1913.
1913.
Receipts
Shipments ....
2,690.000
787,000
1,654,000
694.000
„„ . ST. LOUIS CASH.
ST. LOUIS, Dec. 22.—Wheat; No
red, 95@96%; No. 3 red, 93f«94- No
hard, 86@93%; 3 hard, 80%@U3; 4 hard
<"°, rn 4 No. 2, 67(068; No. 3, 64%@65%
No. 4. o9@60; No. 2 yellow, 67@68; No. 3
8j>@66; No. 4, 590 60; No. 2 white. 67fii
-o' h°' ^ w hlte, 66(q66%; No. 4 white
58@61.
Oats: No 2. 39%@40; No. 3, 39- No
4 38; No. 2 white, 41% @42; No. 3, 404
41; No. 4 white, 35@39%; standard, 4
@41%.
THE METAL MARKET.
NEW’ YORK. Dec. 22.—The tone of
the metal market was firm to-day.
Copper spot offered at 14.15; December
to February, 14.05; lead, 3.95® 4.05; spel
ter and zinc. 5.15®5.25; tin. 36.62',4®37.
BAR SILVER.
LONDON, Dec. 22.— Bar silver steady
al 26 13-16d.
LIVE STOCK MARKET.
CHICAGO, Dec. zz. Hogs- Receipts
34,000. Market 10c higher. Mixed and
butchers, $7.45® 7.85; good heavy, $7.70
@7.80; rough heavy, $7.40@7 65; light,
J$7.45@7.75; pi"s, $5.85®7.25; bulk, $7.60
@7.80.
(’attic -Receipts 17,000. Market 10c
higher. Beeves. $6.76® To-O; cows and
heifers. $3.25@8.10; stockers and feed
ers. $5 60@7.40; Texans, $6.40@7.70;
calves, $8.50®. 10.50.
ST. LOUIS, Dec. 22.—Cattle: Receipts,
4.800, including 1,500 Southerns; mar
ket steady; native beef steers, 7.50®
9.75; cows and heifers. 4 25@8.50; stock
ers and feeders. 5.00@7.50; calves, 6 00
® 11.00; Texa« steers. 5.75®7.00; cows
ami heifers, 4 00@6.00.
Hogs: Receipts. 15.00 n : market 5 to
10'- higher; mixed. 7.60®7.80; good. 7.75
@7.85; rough. 7.40® 7.50; lights. 7.50®
7.75; pigs. 0 50® 7.50: bulk. 7 50@7.75.
Sheep: Receipts. 2,000: market steady;
muttons. 3.76® 4.65; yearlings, 6.00@7.15;
lambs. 5.2o@7.60.
LIVERPOOL GRAIN.
LIVERPOOL, Dec. 22.—Wheat opened,
unchanged. At 1:30 p m. the market
was unchanged; closed % to ^d lower.
Corn opened unchanged. At 1:30 p m
the market was Lid higher, closed 'gd
higher.
WORLD’S GRAIN. SUPPLY.
Following shows the world’s visible
supply of grain for the w’eek:
This Last
_ rx W’eek. Year
Wheat 62.369.000 61.314.000
Corn 4,566 000 3,789.000
Oats . . * 26,482.000 8,421,000
VISIBLE SUPPLY CHANGES.
Following shows the weekly visible
suplpy changes of grain:
Wheat Increased 1.376.000 bushels.
Corn increased 2.182.000 bushels.
Oats decreased 730,000 bushels.
Bartlett-Frazler Company says:
“Wheat—The continuance of a dull
but steady market is probable during
tho 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.
“Provisions -The market generally is
in no way weak.”
G. D. Potter says: “I am bullish on
stocks for the long pull, as I expect
to see many favorable factors develop
within the next month 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.
• * *
President Vail says that the Ameri
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. D. Potter says: “The stock mar
ket holds the advance of last week well
and has every appearance of going
higher. The large interests have been
consistent buyers, believing that the
passage of the currency hill 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. 45Li@46.
Rosin steady; common, 4 00.
Wool steady; domestic fleece. 21H®
25; pulled, scoured basis, 32@50; Texas,
scoured ba.ds, 40®52.
Hides quiet; native steers. 19 tasked);
branded steers. IS 1 * tasked).
Coffee dull: options opened 8 to 9
points lower; Rio. No. 7 spot, 9L4.
Rice steady; domestic, ordinary to
prime. 384@&L4.
Mo'asses steady; New Orleans, open
kettle, 35@55 •
Sugar, raw. weaker; centrifugal. 3.20
@3.23; muscovado, 2.70@2.73; molasses
sugar. 2.45@2.48.
Sugar, refined, easier: fine granulated.
4.10® 4.25; cut loaf. 5.25: crushed. 5.15;
mold A. 4.70@4 80; cubes, 4.35@4.50;
powdered. 4.25® 4.35: diamond A, 4.25;
confectioners’ A. 4.05@4.15: softs, No. 1,
4 00® 4.15. (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 N 1.75®)
2.75: sweets, 60® 1.75; Bermudas, 3.25®
o... %.
Beans unsettled; ’marrow, choice. 4 83
@5.40; pea. Choice. 3 40® 3.65; red kid
ney, choice. 5.25® 5 30
Dried fruits irregular; apricots, choice
to fancy. 13L6@16: apples, evaporated,
prime to fancy, 6®"8- seeded raisins,
choice to fancy, 6@6La-
L
\