Atlanta Georgian. (Atlanta, Ga.) 1912-1939, December 23, 1913, Image 11
THE ATLANTA (JEOJRGTAN AND NEWS.
GEN. 1ST ILL
I IN PLACE
L
REAL ESTATE AND
CONSTRUCTION NEWS
Atlanta Veteran Named on Board
to Plan $500,000 Monument
at Gettysburg.
i|i neral A. J. West, of Atlanta, hon-
by being named In the bill In
i' Tiled in the House of Represen-
ivt‘s Saturday as a member of the
nimission to execute the plans for
erection of a J500.000 peace monu--
nient on the Gettysburg battlefield,
expressed the opinion Monday that
e 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
Pine and the Gray last July," said
General West.
“Champ Clark, I understand, has
p'odged his support to the movement,
and 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
July 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-ln-chlef of
•he 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 Gwagar Sherley, of
Kentucky, who Introduced the bill ap-
: -opriatlng $500,000 for the purpose, 1s
second in rank on the Appropriations
ommittee and is regarded as one of
tup powerful men 1n the House.
General Law, of Bartow’, command-
Hood’s Division at the battle of
Gettysburg after Hood was wounded,
i ither men interested in the movement
similar disfinguished military ca
reers.
Felix H. Robertson, one of the ofll-
•rs 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.
Ilis father was a major general In the
i onfederate Army.
Andrew Cowan is president of the
•Society of the Army of the Potomac
and an honorary member of the Ken
tucky “Orphan Brigade,’’ C. S. A.
Land Brokers’ Feast
Early in February
Date Depends on Meeting In Tampa.
North Side Sale $15,000.
Brookhaven Lot Buy.
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
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.
Th« annual banquet of Atlanta Real
Estate Board will be held either Febru
ary 4 or 9. the date depending on the
session 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
local 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 signified
their intention of accepting the invita
tion are Charles L. Simpson of Kamsas
City, 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 & Ewing
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. It 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 i« 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.
Bulldlr.q Permits.
$50—Shaw Stewart. No. 253 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. Beatle. 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.
$5,260—Frank C. Owens to J. H.
Christian, lot TO by 128 feet, north
side of East Fourth street, 308 feet
west of Jackson street. December 8.
$2,179—Frank Schmid to J. H. Whl-
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 LufiJ^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, 136 feet
south of Rawson 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 Dis
trict, one-half interest. December 13.
$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—T. 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,
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 Connallv street;
al9D 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 Fid wards street, 50
by 106 feet. December 19.
$550—G. M. Fishback to same, lot
S h
arp & poylston
MICRO INVESTMENT
PROPERTY.
illlS is three double three-room
negro houses on lot 120x100
■' p t, situated in one of the best
-To renting sections of the city
n paved street, with ail 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
■°r the past 5 years. No better
in the city. Price $4,500. Terms.
Ssmmons, lot 62 by 90 feet, west side
Windsor street, 101 feet north of
Eads street; also lot 27 by 86 feet,
north side Woodward avenue, 238 feet
east of Berean avenue. December 19.
$1,000—Morris Stelnhoimer to Mrs.
Ida V. Amheim, No. 317 Mangum
street, 50 by 100 feeL December 20.
$3,500—Isidor and I^ena Jacobson to
Dickinson Trust Company, trustees,
No. 162 Capitol Avenue, 50 by 216
feet. December 16.
$3,000—Jack D. Hayes to C. Dun
bar Roy, lot 60 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 60 by
146 feet, east side Cameron street, 150
feet south of Pickert street. Decem
ber 19. j
Lien.
$54—E. G. Willingham's Sons 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
j cord, No 618 Edgewood avenue, 50 by
195 feet. July 17.
$1.000—J. L. Tucker to J. H. Elder,
lot 50 by 147 feet, southeast side of
Woodward avenue, 202 feet northeast
of Dooley avenue. December 16.
$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 20b
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. RoDerts to
Emma L. Capers, lot 33 by 52 feet,
north side of Auburn avenue, 71 feet
west of Boulevard. November, 1913.
Quitolaim 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 Mm
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 of
Pickert street. December 19.
$1—Penn Mutual I’fe Insurance
Company to A. B. Buelil, lot 5 by 120
feet, north side of West Thirteenth
street, 275 feet east of West Peach
tree street. December 4
Payment of Notes—Standard 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.
$5—College Park Land Company to
H. S. Wilheit, lot 100 by 190 feet
north side of Columbia avenue, 10$
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., B. * 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. Niall to
same. No. 32 Moreland avenue, 80
by 400 feet. December 17.
$3,500—J. H. Whisenant 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 ne
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 the negro fleeing. He emp
tied an automatic revolver at the po
licemen and they returned the fire, but
he escaped.
XF=
Fra 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 WOW—Phone M. 100
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
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 re^jards 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-moYrow 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 £he names of the 28
at the tip of his^tongue.
• * 9
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.
• • •
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 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.
Spot Houses and South Dump
Christmas Cotton on Market.
January Sells at 11.75.
NEW YORK, D«c. 22.—IJverpooI ea-
bles vvere awaited with nervousness by
tne bulls, for it was realized they would
give a cue to the impression which the
foreigner! 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
P* 0 ... P 0 l n ts from the initial range.
I lie 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
encouraged 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
market with Christmas cotton, result
ing in prices going into new low grounds
for the movement, or over $10 a bale
lower than the high levels established
in October. On tlie break January
dropped to 11.76, December 12.01, March
Li. 02 and May and July sold at 12c.
The 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 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.
hollowing 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 25,500 33.580
RANGE IN NEW YORK FUTURES.
Cotton Gossip
The record of winnings in pest .ORso."a
i after Decomber 1 follows: 1912, 1,633,-
; 438.632 hales, 1909, 1,196,845 bales; 1908,
428, 622 hales; 1909, 1,196.845 bales; 1908,
| 2,077.344 bales. The average for the
I 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 15,000,000 bales.
• • •
John M Berry, of Rome, Oa.. 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.
• • •
NEW ORLEANS, Dec. 22. Hayward
& Clark: “The weather map shows
fair In the Tennessee mountains and
North Carolina, cloudy to the rest or
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 l^c per pound, a reaction
should be In order, but we do not look
for a permanent advance until the gen
era’ 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
busine.sk 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.’
* • 0
Blundell, of Liverpool, cables: “Think
decline over; spinners big buyers.”
» • •
The local spot market is reported
quiet. There is a good demand for the
better grades, but little offering; low'er
grades are freely offered and about *4
of a cent lower to trade, but even at
this concession spots are way above fu
tures.
• o
0.0
Dc J12.15 12.18 12.01112.03112 02-03 12.20-21
.In .11.85111.92111.74111.76|11.76-78ll 1.92-93
cm cm cnio
Fb
!....[ T
11 80 82 11 95-98
Mil
12.10-12.19 11.99
12.02
12.00-02112.20-21
Ap
I f
11.99 12.19-21
My
12.10ll2.17jll.98
i i .99
11.99-01 12.19-20
.In
11 99-01 12.17-19
•iiy
i2.10ii2.17lii.99
12.01
12.01-02 12.17-19
A*
11.90 11.93 11.80
11.89
11.80-81(11.96-98
Sp
11.52-54 11.60-62
Oc
11.40,11.50,11.40
ii.43
11 40-41,11.48-50
Closed steady.
LIVERPOOL COTTON.
LIVERPOOL, Dec. 22.—Due 9*4 points
leaver on December and 17 points lower
on January and 13% to 15 points lower
on later positions, this market opened
easy at a net decline of 11 to 13 points
At 12:15 p. m. the market was quiet, 14
to 15% points net lower on near months
and 8% to 12 points decline on late po
sitions. 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 hales.
At the close the market was steady,
with prices at a net decline of 9% to
J 15% points from the closing quotations
of Saturday.
Futures opened easy.
Dec
Op'ing. 2 P M.
, 6.60
Close.
6.59%
Prev.
Close
6.75
Dec.-.Ian. .
. .6.61
6.59
6.59%
(I.74V4
Jan.-Feb. .
. .6.61%
6.62
6.62
6.72%
Feb.-Mch. .
. .6.65
6.63%
6.64
6.78%
Mob.-Apr. .
. .6.69
6.65%
6.66
6.80%
Apr.-May .
. .6.68%
6.65%
6.79%
May-.lune .
. .6.68
6.64%
6.65
6.79
Jurie-July .
6.62%
6.62%
6.76%
July-Aug. .
. .6.62
6.59 %
6 74
Aug.-Sept .
. .6.49
6.48%
6.49
6.62
Sept.-Oct..
. .6.31
6.30%
6.41
Oct.-Nov. .
. .6.20
6.20%
6.21V4
6.31
Closed steady.
If the Government could induce |
men of Mr. Warburg s caliber to join !
the Federal Reserve Board, even if j
for only the first year, our national j
bankers would lose much, if not all,
of their nervousness over the admin
istration of the new system.
HAYWARD & CLARK’S
DAILY COTTON LETTER
NEW ORLEANS, Dec. 22.-English
consols show an advance of %, 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 higher values on this season’s
fundamental conditions of supply and
requirements is unshaken and invest
ment 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 demonstrated
this year present prices are justly con
sidered below a reasonable value.
RANGE IN NEW ORLEANS FUTURES
NEW YORK COFFEE MARKET.
Coffee quotations:
January
February
9.25@ 9.38
March
9.36(0 9.45
April
9.45ft// 9.65
May
9 66
June
9.97@ 5|.80
July
August
September. . . .
10.04
October ....
10.08@10.12
NoVember. . . .
10.10
1 "'ember. . . .
9 00@ 9.20
Opening. ! Closing.
9 13
Closed steady. Sales,
9.85# 9.87
9.93(0; 9.95
|10.02@10.04
rio.io
no. M
V 9A2
16,260 bags.
10.18 ft
THE WEATHER.
Conditions.
WASHINGTON, Dec. 22.—The Indica
tions are that the gulf storm will move
northeastward and will cause rains to-
iright and Tuesday In the South Atlan
tic. East Gulf States and Tennessee
and rain or snow In the Ohle Valley.
The area of rains attending this storm
will overspread the Middle Atlantio
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- Rain 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 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 i.200,
6.00fcr 6.50; good steers, 800 to 1,000. 5.75
#6.00; medium to good steers. 700 to 850,
5.25 #5.50.
Good to choice beef cows. 800 tn 900.
5.00# 5.50; medium to good cows, 700 to
800. 4.50 #5 00.
Good to choice heifers. 750 to 850. 5.00
fti 5.25; medium to good heifers, 650 to
750 4 25ft/ 4 50
The above represents ruling prices of
good quality of beef cattle. inft rior
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. 4.00ft/5.00; mixed common,
600 to 800, 3.25@4.00; good butcher bulls,
3.50 #4.50.
Prime hogs, 160 to 200, 7.60®7 80; good
butcher hogs, 140 to 160, 7 40ft/ 7.60; good
butcher pigs. 100 to 140, 7.25ft/7 40; light
pigs, 80 to 100 6.75@7.25; heavy rough
nogs. 6.60@7.25
Above quotations apply to corn-fed
bogs, 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.
UNION |GRAIN LIST EASY
IN DULL SESSION
Big Receipts, Large Shipments,
Increase in Breadstuff's Was
Wheat Easing Factor. j
By CHARLE9 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 36 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 %.
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 has touched
for some time.
The gains Included St. Paul, %: Le
high Valley, %; Delaware and Hudson,
%; American Car and Foundry %, and
Anaconda Copper, %.
Canadian Pacific rivaled Western
T’nlon 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 I^ehigh Valley, however,
made quick response to moderate buy
ing. Canadian Pacific on foreign trad-
ST. LOUIS CASH QUOTATIONS.
Wheat—No. 2 red *....96
Corn—No. 2 $7
Oats—No 2 $9% $40
CHICAGO, Deo. 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 com and % to % for oats Hog
products were generally stronger.
Grain quotations:
_____ High. Low.
WHEAT—
Deo..
July. .
COR
Dec...
May..
July. .
OAT
Deo. . .
May. .
July. .,
POR
Jan...
Previous
Close. Close.
Jan.
Jan. .
. 88%
. 91%
r- 87,1
89%
80%
87%
87%
91
87%
tt
n
. «9»i
. 69V4
68%
68%
69
68%
69
69%
68%
69%
69%
68%
39 %
. 41%
.* 41
39
4t%
40%
39%
41%
40%
39%
41%
41%
20.55
20.87%
20.56
20.82%
20.55
20.82%
20.52%
20.75
10 67%
11.05
10.65
10.97%
10.65
10.97%
10.62%
10.97%
10 80
11.10
10.77%
11.07%
10.77%
11.07%
10.77%
11.05
CHICAGO CAS HQUOTATIONS.
CHICAGO, _ Deo. 22.—Wheat, No t
hard
ing declined % to 216%. Copper was off , 2®^’. lNo ;
Western Union was heavy, dropping aagLaoi/ . 3 ha . r< * winter,
— - • • No. 1 Northern spring, 90%@
2 more points. The railroads In general
held firm with fractional advances.
Call money loaned at 3%.
Stocks were strong in the last hours.
Steel went to 69% Tor a net gain of %
on the day. American Can sold around
30% 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
from ts fiddav figures, advancing to
56%. Gains were general
The market closed strong Govern
ments unchanged; other bonds strong.
NEW YORK STOCK MARKET.
6tock quotations:
STOCKS—
High.
Jaw.
Clos.
Bid.
Pre*
Cloee
Amal. Copper.
7144
70%
71%
71%
Am. Agricul..
43
43
Ain. Beet Sug.
23%
23%
American Can
30%
28%
30%
28%
do. pref...
89%
88
Am. Car Fdy.
44%
44%
44%
44%
Am. Cot. Oil
37
38%
American Ice
23%
23
23%
22%
Am. Locomo..
29%
29%
29%
2978
Am. Smelting
63
62%
63%
62%
Am. Sug. Ref.
108
107
106%
106%
Am. T.-T. ..
123
121%
123
122%
WHEAT—
1913.
1913./“
Receipts
Shipments
1,613,000
784.000
^Ti645,000
640,000
CORN—
1913.
1913.
Receipts
Shipments
2,690,000
787,000
r 'M54.oon
694,000
Am. 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.
34%
94%
34%
93%
16
34%
94%
116% 116% 117
92%
30%
87%
216%
26%
68%
8%
Colo. Southern.
Consol. Gas.. 129
Corn Products ...
92%
30%
87%
214%
26%
58 >4
28
129
93
30%
87%
215%
26%
58%
28%
27
129%
9%
16%
34%
94
116%
92%
30%
87%
218%
26%
58%
28%
27%
128
9
Tarheel Marshals
Approved in Senate
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 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 he United
States Attorney for the eastern district
of North Carolina was referred to a
subcommittee.
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, j
the battleship Ohio reached e j
Charleston (S. C.) Navy Yard to-day. j
The Ohio will be fumigated uni!
quarantined to rid her of all traces of
smallpox before she goes to relieve
Dc
112.18 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
;>1
12
27
12.29
12.29
30
12.47
18
Ap
;
12.30
33
12.47
49
My
12.50 12
61
12
38
i 2.40
12.40
41
12.58
59
Jn
12.40
42
12.58
60
■Jly
12.60 12
63
12
42
12 4 4
12.44-
-46
12.62
63
Oc
11.5711
57
n
41
1 1.44
11.30
11.50
Closed steady.
PORT RECEIPTS.
The following table shows receipts at
the ports to-day compared with the
same day last year:
1918. 1912.
New Orleans. . .
10,582
9,111
Galveston
13,117
22,929
Mobile
3,594
1.664
Savannah
9,170
5,161
Charleston. . . .
1.638
1.824
Wilmington . . .
2,466
1,524
Norfolk
3,279
3,365
New York . . .
60
Philadelphia . . .
125
Various
5,107
3,801
Total
50,974
50,402
INTERIOR RECEIPTS
1913.
1912.
Houston
23,510
33.831
Augusta
2.120
1.882
Memphis
10.107
10.4:*.;
St Louis
2.147
3.512
Cincinnati. . . .
1.354
3,223
Little Rock . . .
1,088
Total *.
39,238
44.037
Cotton seed oil quotations:
| Opening. I
Spot . * . . . . I
December ... .1 6.61 ft/ 6.80
January . . . .| 6.71.(06.72
February . . . . 6 87ft/-6.88
March . . . . 6 98ft/6.99 I
April ..... J 7.0507 07 !
May ! 7.17ft/7 18 !
J one 7 18 ft/' 7 22
July 7.27ft/7.28
Closl
60 ft/
60 ft/
69(0
84 ft/
.95 ft/
04 ft/
,15ft/
20ft/
25(0
400
ing
6.75'
6.72
6.71
6.85
6 96
7.07
7.16
7.22
7.27_
bbls.
Closed barely steady; sales 2
8PO r COl FON MARKET.
Atlanta, nominal; nitd/lling 12%.
Athens, steady; middling 134i
Macon steady; middling 13%.
New Orleans, steady; middling 13c.
New York, quiet; middling 12.50.
Philadelphia, easy; middling 12.75.
Boston, quiet; middling 12.50.
Liverpool, easier; middling 6.96d,
Savannah, quiet, middling 12%.
Augusta, steady: middling 12 13-16.
Charleston, steady; middling 13%
Norfolk, steady; middling 12%.
Galveston, quiet; middling 13%.
Mobile, steady; middling 13%.
Wilmington., steady: middling 13c.
Lilt!* Rock, quiet; middling 13c
Baltimore, nominal: middling 12%.
St Louis, quiet: middling 13%.
Memphis, steady; middling 13%.
Houston, steady; middling 13 1-lf.
Louisville, firm; middling 12%.
London Will Honor
Benjamin Franklin
Special Cable to The Atlanta Georgian
l.oNDOX. IK*--. 22 -it is proposed
t(, c-nmmemoratp the residence of
Benjamin Franklin in Bartholomew
close, where lie worked in a printing
shop, by placing a tablet in tile Lady
chapel of the Church of St. Bartholo
mew the Great. Kmithfleld.
D. and H
151%
161%
160%
151
Den. and R. G
17%
17%
Distil. Secur..
20
18%
19
19%
Erie
29
28%
38%
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
69%
60%
59%
Int. Harv. (old) ....
103
101
M., K. and T.
....
20%
20
do, pref. .
53%
53%
L. Valley. . .
163%
152%
163%
152%
L. and N. . .
133 %
133%
133%
133%
Mo. Pacific . .
25%
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 V.
O. and W. . .
26%
26%
Penna
108%
108%
109%
108%
Pacific Mall .
23%
23%
P. Gas Co. . .
126
120
120%
118a;
P. Steel Car .
26
25%
Reading. . . .
166%
164%
166%
164%
R. I. and 8..
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%
76%
75%
St. Paul . . .
100%
100
100%
100
Tenn. Copper.
30%
30
30%
30%
Texas Pacific.
13%
12%
Third Avenue
41%
41
Union Pacific.
155
154
156%
154%
U. S Rubber.
56%
55%
do, pref. .
105%
105
10'%
105%
Utah Copper.
49
48
48%
48
V.-C. Chem. .
28
25%
Wabash....
2
3%
do. pref. .
8%
8%
8%
8%
W. Union. . .
57
64%
66%
59%
VV Maryland.
34
33
W. Electric .
64%
64%
64%
64
\V\ Central. .
43
43%
THE METAL
MARKET.
ifo. 2 Northern Bpring, 89%@>90%-
No. S spring. 87A4@88*4.
Corn—-No, 2 new 69%@69%* No 2
yellow, 69%f??>70; No. 3 63%<g>65 ; No
3 white, 65®66; No. 3 yellow, 6314
No. t. 65H@60; No. 4 white, 57@63; No.
4 yellow S8#63.
, Oat*. No 2. 4014; No. 2 white. 41; No.
3 whtte 3914@40; No. 4 white, 39®39|A;
standard, 40>4@41.
PRIMARY MOVEMENT,
ST. LOUIS CASH.
ST. LOUIS, Dec. 22.—Wheat: No. 2
red. 95®96^; No. 3 red, 93@94; No 2
hard, 86@93j4; 8 hard, 85V6@93; 4 hard,
Corn: No. 2, 67@68; No. 8. 64H@65H:
No. 4, 69@60; No. 2 yellow, 67@6S: No. 3,
6.t®66; No. 4, 59®60; No. 8 white, 67@
3 whlt ®. 66@6614; No. 4 white,
68/g 61.
Oats: No 2. 39%®40; No. 3, 39; No.
4. 38; No. 2 white. 41%@:42; No. 3, 40(g>
41; No. 4 white. 36@39%; standard, 41
@41%.
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 %d higher; closed %d
higher.
WORLD'S GRAIN SUPPLY.
Following shows the world's visible
supply of grain for the week:
This Last
Week Year.
Wheat . 62.369.000 61,314,000
Corn 4,556,000 3,789,000
Oats . . * 26,482,000 8,421,000
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(04 05; spel
ter and zinc. 5.15(0-5.25; tin. 36.62%@37.
VISIBLE SUPPLY CHANGES.
Following shows the weekly visfbla
suplpy changes of grain.
Wheat increased 1,376.000 bushels.
Corn increased 2.182.000 bushels.
Oats decreased 730,000 bushels.
Bartlett-Frazler Company say's:
“Wheat —The continuance of a dull
but steady market is probable during
the next few days.
“Corn—The market sji 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 io 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 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.”
BAR SILVER.
LONDON, Dec. 22.—Bar silver steady
at 26 13-16d.
LIVE STOCK MARKET.
CHICAGO, Dec. 2i.—Hogs Receipts
34,000. Market 10c higher. Mixed and
butchers, $7.45ftx7.85; good heavy, $7.70
ft/7.80; rougli heavy. $7,407*7.65; light.
$7.45@7.75; pi*"*, $5.85@7.25; bulk, $7.60
@7.80.
Cattle—Receipts 17,000. Market 10c
higher. Reeves, $6.75(0 9.50; cows and
heifers. $3.26@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@7.5O; calves, 6 00
«/ 11.00; Texas steers. 5.75ftz7.00; cows
and heifers. 4.004|*6.00.
Hogs: Receipts. 15.000; market 5 to
10c higher; mixed. 7.60@7.80; good, 7.75
ft/7.85; rough. 7.40(®7.50; lights. 7.50@
7.75; pigs, 6,50(0 7.50; bulk. 7.500 7.75.
Sheep: Receipts. 2.000. market steady;
muttons, 3.75(04.65; yearlings, v >P0@7.15;
lambs, 5.25@7.60. ^
NEW YORK PRODUCE.
NEW YORK. Dec. 22.—Petroleum
firm; crude Pennsylvania. 2.50.
Turpentine steady, 45%@46.
Rosin steady; common. 4.00.
Wool steady; domestic fleece, 21%@
26; pulled, scoured basis, 32@50; Texas,
scoured basis. 40ft/52.
Hides quiet; native steers, 19 (asked);
branded steers, 18% tasked).
Coffee dull; options opened 8 to 9
points lower: Rio. No. 7 spot. 9%.
Rice steady; domestic, ordinary to
prime, 3% @5%.
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(0-4.25; cut loaf, 5.25; crushed, 5.15;
mold A. 4.70(04 80; cubes, 4.35@4.50;
powdered, 4.25(04.35; diamond A, 4.25:
confectioners' A. 4.05(04.15: 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, 1.750>
2.75; sweets. 60ft/ 1.75: Bermudas, 3.25@
5.25.
Beans unsettled: marrow, choice. 4 85
•0 5.40: pea. choice. 3.40@3.65; red kid
ney, choice. 5.25ft/3.30
Dried fruits irregular; apricots, choice
to fancy, 13%(016; apples, evaporated,
prime to fancy, 608: seeded a raisins,
choice to fajicy, 6@6%.