Newspaper Page Text
Atlantic Steel Company Declares an Extra Dividend of 5 Per Cent "o Be Paid Common Stockholders August 2
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ATLANTA'S ‘WAR BRIDE' T 0
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. CUT ANOTHER BIG MELON
i Z
Atlanta bank clearings Monday ..........$4,411,387.98
Same day last year ...........00000... 2,514,132.48
Increase .. ch sy L. 205. 58
Atlanta spot cowon Monday ..................24.45¢
RIS NI DO i e it v 18.0%
By VICTOR BARRON.
The Atlantic Steel Company is BULGING WITH MONEY.
Here’s the proof :
The company has just declared an extra dividend of 5 per cent
to common stockholders. The dividend will be disbursed August
2. The bulk of the stock is held by Atlantans, local financiers hav
ing gained controlling interest in the company several months ago.
Liast month the company declared an extra 5 per cent, which
was paid stockholders July 2.
The latest declaration represents a dividend of 14 per cent
since March, including the regular quarterly payment of 1%, per
cent.
The new dividend ean only be attributed to the fact that the
company is richer, stronger and enjoying the greatest prosperity
ever known, -
Although current earnings of the company are not known, it is
safe to say they are record-breaking. With domestic and foreign
demand for steel unprecedented, the future of the company is ex
ceedingly bright. It is believed the company will earn more than
S6O a share on common stock this year.
Cotton Seed Crushed.
The Censur Bureau reort is
sued Monday for the period from
August 1 to June 30 shows 4,-
474,155 tons of cotton seed less
reshipments received at Jmills
and 4,433,293 crushed, also 55,-
191 held at mills June 30. Pro
duction, erude oil, 1,390,549,38%
pounds, refined 1,245,535,087
pounds cake and meal 2,196,
065 tons, hulls 959,913 tons, lin
ters 1,316,943 bales, hull fiber
449,920 bales; stocks, June 30,
erude oil, 36,543,980 pounds, re
fined 329,054,177 pounds.
The quantity of cotton seed re
céived, crushed and on hand and off
cotton-seed products manufactured,
shipped out and on hand and imports
and exports of cotton-seed products
covering the period from August 1,
1916, to June 30, 1917.
Cotton seed received, crushed and
on hand (tons) follow:
Received Crushed On hand
At nills Augustl at mills
August to toJune June
State June 30.. 30, 30
U. States ..4,474,1556 4,433,295 55,191
Alabama .. 196,933 191,754 5,509
Arkansas .. 369,632 366,020 4,009
Georgia ... 764,348 759,670 8,155
L"\WW’M
GROCERIES.
(CORRECTED BY OGLESBY GRO.
CERY COMPANY.)
ul%‘EANS—Lima, 16%; pink, 14%; white,
FLOUR—Elegant, $12.95; Diamond
patent, $12.50; Monogram, sl2; best seif
rising $1250; Carnation, $11.85; Sky
Rocket, self-rising, $11.85; Golden Grain,
$11.50; Blue Ribbon, $ll.OO.
SUGAR-—Granulated, 8l4c; powdered,
9¢; cubes, 93. c; 24 Is, powdered, $3.00;
No. 11 brown, 8.00; New York refined,
8c; plantation. Bc.
VEGETABLES (Canned)—Van Camp
york and beans, 72 “s, $3.10; 48 Is,
5.40; 36 28, $5.70; Bulllon 24, $2.40; to
matoes, 24 28, $2.65; 24 3s, §3.40; hom
‘ny, 34 2s, SI.BO.
SOUP—Forty-eight's, $5.40.
COFFEE—Roasted (Arbuckle's), 201 g;
green, 13@15.
RlCE—Head, B%c; fancy head, 0.0%¢;
Blue Rose, 8%, according to grade;
domino, 10.
LARD--Bilver Leaf, 24%c Ib.; Scoco,
18¢c Ib.; Flakewhite, 18c; Cottolene, 13.50.
AXLE GREASE—Diamond, $1.98; Four
Brothers, 48 10c, $3.25; Mica, 48 10c,
$3.25; 24 25c, $4.25.
CANDY—Stick, barrels, 12¢c; boxes,
12%c; fancy mixed, zo-round pail, 10c;
chocolate drops, 12% @l6c.
PEANUT~—II%¢ per pound.
FLOUR, GRAIN, ETC.
(Corrected by W. 8. Duncan Co.)
FLOUR, SACKED, PER BARREL.
Victory, in ¥-Ib. towel 5ack5.......513,15
Paragon, highest patent........... 11.26
RoVal, seIf+FIBMME tit. i irnarnars 2300
Gloria, self-PIOENE . ... cvissontoes ILTB
*Picnic, best patent ......cccoooo+.. 13.59
Puritan, highest patent............ 11.28
*Carter's best patent.........000+.. 11.60
‘White Cloud, highest patent....... 11.00
White Lily, self-ri5ing............. 11.50
Dixie Flyer, highest patent........ 11,00
white Fleee», highest patent...... 11.00
White Daisy, highest patent....... 11.00
Home Queen, highest patent....... 11.2 H
Ocean Spray, goodogatent. it sive e BTR
Southern Star, go patent........ 10.75
Sunrise, good patent .............. 10.75
MEAL, SACKED, PER BUSHEL.
Meal, plain, 96-llb. 5ack5........... 2.00
Meal, plain, 48-Ib. 5ack5..........., 2.12
Meal, plain, 24-Ib, 5ack5............. 2.14
Arab, Horse Feed ......cocvvooooees 840
Alfal-Fal Dalry Feed..........u... 3.58
King Corn Horse Feed ........,.... 2.95
CHICKEN FEED, PER CWT.
Purina pigeon feed, 100-Ib. sacks. .. $4.85
Aunt Patsy Mash, 100-Ib, sacks..... 340
Beef Scraps, per 100-Ib, sacks...... 4.36
Beef scraps, 50-Ib, 5ack5............ 2.36
Oyster shell, 100-Ib, uck1..,......n .90
HAY, ETC.
AHBIR: . ocivsivivosusestvssiirvies ShIB
Timothy, No 1, large ba1e5,........ 1.43
Timothy, No. 1 small ba1e5........ 1.40
TImMEEhY, NO. 8 iveeicssitiinsidiien 409
BRI . iivsnarebePbasbaEisancrns oy .30
Clover-mixod DAY ..istississsvisse LI
C. 8. Meal, prime NO. 7. ..cooooo4+. $7.00
€. S. meal, Buco feed......0vie0... 34.00
C. B hulls, Intiess ......000000000- 34.00
00 DUI ARG s chivicis iieves BN
G B hulle, ol@ Btle..oc.coviviive. SADD
ATLANTA SECURITIES.
Bid. Asked.
*Atlantic Steel Co., com.. 135 140
40 PIRL N uivivisssnsasesr B 96
Atl, Ice and Coal Corp... 73 74
Atl, lee and Coal Corp, pf. 88 20
*AtL and W. P. R. R....... 1581 153
Atlanta National Bank.., 286 296
Atlanta Trust Company.. 80 40
Cent. Bk. and Trust Ctxr.. 148 162
Aug. and Sav. Railwdy.. 100 103
Fourth Nationa! 8ank.....308 315
Fulton National 8ank....110 113
«Empire Cotton Oil, eom.. 53 56
Ga. flw and BE. 8§ p 0...... 124 128
Ga. Ry. and E., pf.,, spc. 85 86
Ga. Ity and P. Co., Ist pf 90 - 92
Ga. Ry. and P. Co. com., 13 14
lowry National Bank.... 223 226
GEORGIAN'S PAGE OF MARKETS AND FINANCIAL N
Louisiana . 174,131 174,101 136
Mississippi 885,345 874,842 11,32¢
N. Carolina 2€2,376 262,080 903
Oklahoma . 306,216 305,656 738
8. Carolina 260,951 260,030 1,646
Tennessee . 295,204 285,698 8,718
Texas .....1,348,736 1,339,133 13,973
All others . 111,283 112,409 80
Note—Column “received at milis’
does not include 14,329 tons on hand
at mills August 1, nor 191,986 tons re
shipped.
L *
Bears Hammer Cotton.
Cotton futures continued downward
Monday, dropping more than $2 a
bale under Saturday’s close, as a re
sult of heavy selling due to unfavor
able war news, better weather and a
report that a Chicago authority places
the condition of the crop 2 points over
the Government’s July report of 70.3
and 5 points higher than their pre
vious forecast.
The New York market opened {ir
regular, then rallied about 10 points,
but immediately fell 30 to 40 points
net lower. Good demand checked the
break and before the end of the first
hour’s ;wmg the list had rallied
about 10 points from the lowest lev
els. However, a fresh wave of liqui
dation during the early afternoon de
pressed October to 23.94 and Decem
ber to 23.92, or the entire list 31 to 59
points from the previous close.
The Atlanta Commercial Exchange
lowered spot cotton here 25 points to
24.45 cents as a result of the brea’s in
futures.
‘ COTTON GOsSSIP.
M. D. Burnley, of E, F. Hutton &
Co., wires: ‘“The market is on eve
of another big bull upturn. Damage
reports will increase rapidly. Contracts
in hands of spinners, exporters and big
spot firms.” 3
- - -
The eastern belt received further rains
Sunday, which, if continued, will prove
detrimental to the ecrop. Compfllnu
are already coming in orflu.s in some
gcflong of Georgia and the Carolinas.
lear weather predicted for the west
ern belt. Sentiment remains quite bear
ish, but market reacts sharply on any
little buyving. We favor the long side
on all dips.—E, F. Hutton & Co. ‘
-- . 1
Rainfall: Memphis, .86; Meridian, .34;
Montgomery, .96; Knoxville, .38; Chat
tanoga, Atlanta, .01; Augu-tl. Del Rio,
.14; Charleston, .30; avannah, .68;
Jacksonville, .76; Wllmlnston .18; Ra
leigh, .48: Birmingham, .86; Macon, .02;
Anniston, .40.
.- - ‘
The weather map shows fair in North
Texas, Mississippi and most of Georgia,
cloudy rest of the belt, some rain In
Southwest Texas and general showers
in Tennessee and the Atlantice, but
mostly very light.—Kohler.
- » -
Augusta, Ga., wires: “T have just
taken another automobile trip to Co
lumbia, 8. C., a distance of about 80
miles, and 1 found cetton in a most
excellent condition. In fact, T do not re
memebr ever having seen a better crop.
I have noticed that considerable oat land
had been put back in cotton, which
now is about 8 inches high and doing
well. Farmers are using high grade
fertilizer freely.” |
. » -
Lancashire mills are consuming cot
ton at the rate of 50,000 bales a week,
say mall advices from that market. A
spot firm writes: ‘““Mapchester, of course,
is disorganized by the new restrictiona.
The Government is making an exhaust
ive inquiry into stocks at mills,
consumption, ete., which may influence
its future policy. In the meantime some
surprise was caused by the announce
ment at the recent Government confer
ence that Lancashire mills held 300,000
bales, which was more than had been
thought."”—New York‘Commerclal. |
- - ‘
\
Cables report that Neill's estimate of
acreage of American cotton this year to,
tals 37,2560,000. Heof('l)gurel crgg poanlblll-J
ties at from 12.50.0, ! to 15,300,000 blllel.l
-
Weevils appear to be well under con-‘
trol in Alabama. Correspondence from
the infected district says that not more
than one grub is found in a dozen rall«-.n}
squares and that it is very hard to find
any old weevils, Farmers are destroy
ing the grubs and thus keeping down
promfntion. The crop has caught up
with jts lateness and promises a larger
production than last ,ear. Fields are
clean and the plnnt‘ is.looklnl well.
-
The weather map indicates &ut
cloudy on the western half of the It,
generally cloudy in Alabama and the
Atlantice. Warmer west, with indica
tions for rain disturbance and ecooler
comi;:g on Texas and Oklahoma towards
Thursday.—~KOFLEß.
Southern Ice Company... 12% 15
G 0 DI 4. sinisotifnsogine BB 62
Trust Co, of Geor{‘h. siess 30 295
Atlanta Con. st. Ry. 55... 101% 10% 14
Atl.-Charlotte Alr L. 65.. 5.10 Basis
SALT
Halt, brick (med), per ca5e.,...... $6.25
Salt, brick (plain), per ca5e....... 2.60
Salt, white rock, per ewt........... 110
Salt, Zone, zssaakgu. per case ...... 1.10
Salt Blocks, 50-Ib, 5aek5........... .bb
SEED, SACKED, PER BUSHEL,
Orange Cane Seed .....covvevenee. $4.00
Amber Cane Seed .........co.coooo 8.50
Velvat Beatis BBod..ccccoivoioives: 388
CORN, SACKED, PER BUSHEL.
Oats, fancy white c1ipped........... .97
OREN. 200 N SBIR: i s cbibsiisisvsie 8
GROUND FEED. PER CWT,
Blatehford’'s Calf Mea1............. $6.25
A. B. C, Horse and Mule Feed...... 2,40
AR MRI NO Y. ...iiviviniiniv' iR
OOt AP svisiieviirennssnsietsie i
Unfavorable War News and Good
Weather Map Cause Heavy Sell
ing—Demand Active.
S L .
NEW YORK, July 23.—News of the
political situation in Russia was offset
to some extent by what many consid
éred to be too much rain in the eastern
belts, which caused an early steady
tone in the opening of the cotton mar
ket today, with prfce: 10 points higher
to 15 points lower., New Orleans and
southern houses sold, while Wall Street
room traders and spot houses were fair
ly good buyers.
After the early supply had beéen ex
hausted the market showed a firmer
tone, October moving up 4 to 10 points
in a few minutes. '
At the end of the first half hour
the market was under heavy Yselling,
due to good weather mn&)l and unfavor
able war news, with the result that
the list broke 30 to 40 points from
Saturday’s close.
Before the end of the first hour's trad
lnf the market had rallled 12 to 20
poirits from the lowest levels on con
tinued good demand.
NEW ORLEANS COTTON FUTURES.
e ———————————————
| i | \1:30 Prev.
|Open High|Low !P.M.| Close.
July , . oloeiiifeeseoiiai]os. . o [84.28-20
aol ' 4 ? cenerfonsenfill]24:oo-10
Bopt. . . feieiali.ogifssiaa]ssoss]Bß.6B-67
Oct. . . ./23.72/28.72/28.10,23.26/23.75-77
Bow . e e RS 0
Dec. .~ , ,|28.71|28.72 23.12/23.7923.75-76
Jan, . . .123.6523.65/23.30/23.35(23 .83-84
PO, o « Joreasticiniluseasleivsoliß. 0088
Mch. . . .|23.90/23.90|23.64/23.64 28.50-43
Pay ~ Lodbe b iih o S 1B 0808
NEW YORK COTTON FUTURES.
! | \ &1:50 Prev.
ozg;mgh Low |P.M.| Close.
eP L G T WLS 2 00,
July'. . W, 126.00(25.50(25.50/25 . 90-26
Aug. . . saveaafeecnafianeifiaia.|2s.4o
Sept. . . ‘l .....124.73
Oct . . .u.so,zc.ssiu.u 24.11)24.53-61
NOV. . . ohicaatand oo .....[.....1‘14.46
Dec. | . |34 483449123 52,24 .08 24.43-45
Jan, | [24.43(24°48(23.97/24 0834 40-43
Meh.. . . .24.45534.55 3“20,24.31‘24.60
May . . .|24.6524.6524.66/24.65/24.72
4 LIVERPOOL SPOT COTTON,
Liverpool, July 23.—Spot cotton was
in falr demand today. Prices un
chznfed. Sales, 2,000 bales. American
middling, fair, 19.68; good middling,
19.30; mkddllnf. 19.00; low middling,
18.55; good, 17.60; ordinary, 17.10.
PFimd
rices.
B s R
TR R L
August-September .. .. .. .. .. 17.82
Beptember-October .. .. .. ~ .. 17.02
October-November .. .. .. .. .. 16.60
November-December .. .. .. .. 16.20
December-January .. .. .. .. .. 16,06
January-February .. .. .. .. .. 15,9
February-Mareh .. .. .. .. .. .. 1538
DRI . .. 50l v e B
SR &oks ek silad e TR
S SEEE L . O L P AE
J. F. CLARK'S COTTON LETTER.
NEW ORLEANS, July 23, —Real sup
?ort has been absent from the market
for the past two weeks and the sharp
rallies which occurred from time to
time were rather the result of an in
‘heritance of fright and, theerfore, did
not hold. Jast week closed with a more
fronounced manifestation of a change
n feelinfi lo the bear side which was
made still clearer by the action of the
market this morning.
Although Liverpool is unchanged, our
market opened easler with a striking
absence of demand and soon showed a
loss of Wtfwolnu on account of spas
modie liquidation.
Unfavorable political news, particular
ly from Russia, the emphatic &elaration
by the English Premier that the Chan-
S%llor'a speach was an out and out war
cument, improved crop accounts now
from the West, increased the bearish
feeling.
Bulls are endeavoring to work up
sentiment over continued showers in
the eawt, bu: so far with little result.
The jdea is predominant that crop con
dition has improved during the month
and now is as high, if not higher, than
last year. If this should be confirmed
by Private condition forecasts this week
selling might become more determined.
Weather news continues favorable.
COMMERCIAL BAR SILVERA.
NEwW YOUK, July 23.—Commerciai
bar silver is up 'sc at 78%c.
ST. LOUIS GRAIN RECEIPTS.
WROBE «.vcocitsiresios] ULV SUO.OOO
B 8 i W 95,000
oats ..................; 160,000 124,000
PRIMARY MOVEMENT.
IMond'lLast yr.
Wheat ; 803,000 2,533,000
QOFN sosssosnstenensesl 799.000} 967,000
OMtS .................] 6850000/1,118 000
__Bhlprnenil— | [
WRERE ....ccviviscoses] HEW TN
GO \aenivanidnans cosees] 05,0000 §38,000
oats .................! 632,0000 939,000
CHICAGO PRODUCE MARKET.
CHICAGO, July 23.—Butter—Receipts,
15,323 tubs. Creamery, extra, 38x38Yc;
extra firsts, 37c: firsts, 35% @3B7c; pack
ing stock 32@32%c.
Eggs—Recelpts, 11,125 cases. Ordi
nary firsts, sogalc: firsts, 32@33%c;
extra, 36%c; checks, 25@28c; dirties,
28@28%c.
Cheese—Twins, new, 25%c: dairies,
26%e; Young Americas, 25%c; lLong
horns, 25%10; brick, 23%ec.
Live Poultry—Turkeys, 18¢; chickens,
18c: springs, 24@28c; roosters, lic;
geese, 15c; ducks, 17c.
Potatoes—Minnesota and Daketa,
Ohlos, $1.26@1.40.
ATLANTA LIVE SBTCCK MARKET.
Corrected by W. H. White, Jr., of the
White Provision Co.
Good to choice beef IQO:‘I. 850 to 1,000,
8.50@9.00; good steers, 760 to 850, 8.004
8.50; medium to good steers, 700 to lo?.
7.50@8.00.
Good to cholce heef cows, 760 to 850,
7.00@8.00: medium to good cows, 650 tg
750, 6.00@86.50; qond to choice heifers,
600 to 700, 6.60@7.00.
The above represents the ruling prices
of good quality cattle, Inferlor grades
and dairy types selling lower,
Medium to good steers, 750 to 850,
7.00@8.00; medium to good cows, 660 to
1;2,03.50@6.00: mixed and common, 4.50
Good fat oxen, 7.00@8.00; medium ox
gn. 5.50@6.50; gond butcher bulls, 5.00@
00,
Choice veal calves, 7.00@8.00; year
ings, 6.0006.00,
Cholee Tennessee lambs, RO-70, 12.5060
18.00; medlum lambs, 50-60, 8.00@9 00;
culls' and lghts, 5.00@6.00; fat sheep.
70-90, 6.00@6.50; common sheep, 50-60,
4.50@5.50; good fat goats. 40-30, 5.00)
5.50; common goats, 4.00@4.50.
Prime hogs, 160-225, 13.50@14.00; lirht
hogs, 140 to 160, 12.00@132.00: heavy nigs,
110 to 140, 11.00@12.00: light pigs, 90 to
110, 10.00@11.00.
Above quotations appiy to good quall
ty mixed fed hoge. Mast and peanul
fattened lower. e~'ng to auvality.
. . .
Financial Sunshine
The Louisville and Nash
ville reports gross earnings
for the first week of July at
$1,313,810—a gain of $277,875.
Gross, from January 1, $7,031,-
805—a gain of $4,943,119.
Prosperity Bulletin No. 7
The allied nations, including
the United States, have su
preme confidence in the suc
cessful termination of the war.
During the continuance of the
war the United States will be
the agricultural, industrial and
financial center of the world.
Our nation’s awakening insures
its present and its future pros
perity.—Alexander Hamilton
Institute, New York City.
Prices Fall to $5.50 to $6 a Bar
| rel as a Result of Heavier
Receipts.
Increased receipts resulted in Irish
fi»tatoen dropping 50 cents a barrel
onday to $5.50 to $6.00. Local prod
uce merchants express the belief that
prices will work lower still just as
soon as present supplies exhaust, as
the crop throughout the potato grow
lni~ section is large.
idelity received a car of Georgia
honeydew melons, which met ready
sale at from $2 to $2.25 per crate.
The stock was of extra quality. They
also received a car of bananas.
The market was heavily supplied
with watermelons, with prices station
ary—lo to 20 cents each, depending
on size.
Receipts of Georgia peaches and
cantaloupes were liberal, with prices
ruling unchanged.
Following are wholesale quotations
for Monday:
POULTRY, B JIiTER, EGGS.
(Corrected by the Fidelity Fruit and
Produce Company.)
Butter—Fresh country, 30@36c¢.
Eggs—Fresh country, candled, 28@32c
Undrawn Poultry—J "awn, head ama
feet on, per pound:
grlers. SO@DKZc per pound.
ens, 23¢ per pound.
Roosters, 11@12¢ per pound.
Live Poultry:
Hens, 20¢ per pound.
Friers, 28@30¢ jer pound. .
Roosters, 10¢ per vound.
Puddle ducks, 40@50e.
Guineas, 25@30c each.
VEGETABLES.
OKRA-—s§lso per crate.
GREEN CUH.\'——EO%NC per dozen, |
CUCUMBERS—SI.SO@2.OO rer drum.
TOAATOES—Choice, §1.75@2.00. ‘
EGGPLANT—S2.OO@2.SO. |
BEANS—SI.OO@I.SO per hamper. |
LETTUCE-Head, $1.00@1.25 per
dozen, 32.00@2.25fiper tub, |
‘ CELERY—S3.OO@3.SO per crate.
' BELL PEPPERS—SI.SO, $1.76 and
'52.00 per crate,
BQUASH—T6c@SI per crate.
. ONIONS—Texas, crate, yellow, $1.75@
12.00; white, $2.25.
"™ISH POPTATOES—New crop. $2.00
@2.25 per drum; barrel stock, $5.50@
6.00 per barrel
. CABBAGE~-Nomina!, $2.50 per crate.
.~ HONEY DEW MELONS—S2.OO@2.2S
per crate.
| FRUITS,
| G}FORGIA WATERMELONS-—lo@2oc
each.
. GEORGIA PEACHES-—51.00@2.50.
‘crute.
' HUCKLEBERRIES-—lo¢ quart.
. CANTALOUPES—Georgia, 75c@2.00;
‘Cllllornln, $3.00@3.50 per crate,
| BA.\'ANAF»Z%@M‘ a pound.
}Qg&‘NGES,—Cfl”W"M- per box, $4.50
LIMFES—SI.6O@I.2S per 100,
LEMONS—§7.OO@7.SO per box.
GEORGIA GREEN APPLES—-$1.75@
2.25 per box.
. FLORIDA PINEAPPLES-—53.00@2 i
per crate.
NEW YORK PRODUCE MARKET.
NEW YOKK, July 23.—Petroleum,
steady. Crude I‘onnsylvlnla. 3.10.
Turpentine, firmer, 42% @43.
Rosin, steady; common, 5.80.
Wool, strong. Domestic fleece, XX
Ohio, 656@76; domestic pulled, scoured
basis, 90@1.80; domestic Texas, scoured
basis, %0@1.60.
Hides, firm. Native steers, 31% @33;
branded steers, 29@30.
Coffee, quiet. Options opened un
changed to 1 point lower, Rio, No. 7 on
spot, 9%.
Rice, quiet. Domestic, 644 @B%; for
eign, 6%, @T7.
Molasses, firm New Orleans open
kettle, 40@50; black strap, 23@28.
Raw sugar, firm. Centrifugals, 6.52@
6.58; molasses sugar, 5.52@5.58,
Refined sugar, firm. Fine granulated,
7.65@8.00; cut loaf, 9156; crushed, 8.90;
mold A, 8.15; cubes, 8.40@8.75: powdered,
7.80%8.20; diamond A, 7.65 confectioners’
A, 7.55@7.90; softs No. ", 7.60@7.85. (No,
2 5 points below No. 1 and Nos. 3 to
14 are each 5 points lower than the
preceding grade.) l
Potatoes, barely steady. Nearby white,
2.25@4.00; Bermudas, 1.75@4.00, l
Beans, weak, Marrow cholce, lfifl.fim;'
pea choice, i 6; red kidney choice, ]3(,”
13%.
Dried fruits, steady. Apricots choice
to fancy, 22@25: apples, evaporated,
prime to fancy, 10% @l3; prunes, 30s to
608, 10@11%: peaches, cholce to fancy,
10% @l2 ; sceded raisins, choice to
fancy, T @lO%.
THE WEATHER.
Condition,
WASHINGTON, July 23.-—There are
no indications of decided changes with
in the next 26 hours.
Forecast Br States. l
Georgia—Probably local thundershow
ers tonight and Tuesday, '
North and South Carolina: Probably |
thundershows rs tonight and Tuesday, |
Alabama—Probably local thunder- !
showers tonight and Tuesday. !
Florida—Probahly local thundershow
ers tonight ar.d Tuesday, ‘
Missigslpni—Generally fair tonight |
and Tuesdav,
Tennessas—Probably showers tonight
and Tuesday ‘
CHICAGO GRGAIN CLEARANCES,
Con s s e Tond TEAE }
WHeAE ........0 ... 880001 855,000 !
BIOFW 76 visssiii vibird R R 0 NG 43,000
SN iS el IRON :::x;,mml
I L iRy e 10,000 §,OOO
Wheat and f0ur,......\ 122,000 722,000
‘
I :
|
|
|
|
| i
After Irregular Opening Entire
'
List Weakens on Heavy
/
- Pressure.
NEW YORK, July 23.—There was a
]mue irregularity in prices at the open
‘inx of the stock market today, with a
jfew stocks showing advances as a re
sult of a small accumulation of buying
orders over Sunday.
Most of the industrials were offered at
concessions after the first few min
utes, United States Steel selling down
from 12853 to 122%. Bethlehem Steel
B dropé)o 2% to 1“'8 and Republic
gluer advancing % to i%. dropped (o
z.’ruclble declined 1 point to 82. The
ralls were fractionally higher, Union
Pacific rising r to 136%. Chandler
Motors was weak, declining 2% to 783%.
The entire list was under fironounced
pressure at the end of the first fifteen
minutes,
The shipping issues were prominent
during the forenoon. Marine preferred
moved up 2% to 91%, while the com
mon advanced to 313, Atlamtic Gulf
rose 13 to 10"‘..
The steel siocks develoned a stronger
tone, United States tSeel raliying from
122% and Rethlehem Steel B from
126% to 127%.
ot. Paul was influenced by repeated
statements o’ a dividend reduction, de
(-llnlnbf to 67%, from which it rallied to
69, oney loaned at 3 per cent,
NEW YORK STOCK MARKET.
l Stock quotations to 1:30 p. m.:
——— R N . m.:
1:30 |Prev
STOCKS-— |Hlx?l!£p_&|p. m.[Cl'se
Allie-Chalmers . .| 20%| 20 |2O 2954
Oh e i .. T
American Zinc . || 24%| 24%/ 24%| 25
Am. Agricultural sesel sonef sooo] 989
Am. Beet Sugar .| 92| 9ik| 6id| 92
M L 931 e
American Can . . 49%' 4914 49%‘ 4914
Ath, Car Fdy. . .| 768/ 751 Tl T 8
Am, Cotten Ol .| ....] ...} ....| &
Am. Locomotive ] sila ] vl THR
Amer. Smelting . (103 10114110114 1054
a 0 PEE L L s
Am. Steel Fdy. . ) savituani] ososlf 889
Am. Sugar Ref. .(122 hzo%nzmllzz».
Amer. T, a 8 2. 0.0 .. 00 |120%
Amer. Woolen, . * 53% | 53% 0533 b 4
Amer. Linsend | .} ... G ( 25
o PaeE ~ Jare. ! sxssi B
Atl, G. and W. 1. .[lO9 [IOB 108 110815
Amer. H. and L. .| 121%, 12%| 1215 121%
do,bzn‘el. L R 1A
Amer. Malt Corp. .| 16%| 15%/| 154,/ 1644
do, '?re(. . .o.| 69 | 68% 6815 691,
Amer. Tobacco. ..206 (203 [2OB 207
AW WHL Pep <.} ooiF,. .} isss] BF
Anaconda . . . .| 77i4| 76 '| 16i4| 768
Atchison . . . - 1100% {IOO% | 100 12 | 1009,
do, Erer. v b et valibl sioust TR
& O WO R s e,
Baldwin Locomo. { 'IOWJ 68%‘ 68151 Tll4
B. and 0. . . . .| 70%| 70%| 70%5| 704
DOt Btest ... .| ‘ vees|lßß
go, pref(. B ! ...%.; il oTN
0, pref. L 11288511267 11262 129
RTT ] e
Butte Superior . .| 3TI M| 37% 371,
Cal. Petroloum . v ... 00.. f 18K
.et . . ‘WA
Canadian Pacific '|[l6l [189% 15935 163
SOBD, . . aban R 617
G MR N skl LS
i Colo. F. and 1. .| 650 |6O )50 | B 0
C., M. and St. P. .| 69 | 67%! 6914| 68%
Chino Copper . . l 4% B4Y%| B4yl 531,
' Consolidated Gas | ....| ....} ..../108%,
Corn Produets ~ .| 34%/ 34 {34%! 3434
; O W . .. ik a ] TR
Crucible Steel . .| BZ%L 80% 81 |B3
i(‘uhan Am, BRERF ] . oaaladn] G JINB
Cuban Cane Sugar, 41%/| 40%| 403 | 417
)
‘ W prel.. . L T et ST
Cest tron Plbw .| ieda o b
Central Leather . 867 851,/ 851 87%
Chile Copper . . .| 20| 19%/ 20" | 20
Columaie Qaß . .obivassd i 00) coen| 40
Cerrt De Pance . .[....] ....] ....' %%
. B M . .7l e iR
Distil. Securities .| 25%' 25% 25% 24%
e - LRI \2s"'.
do, Ist pref. . .| ....}| t ceenl 37
B R, b bt
General FElectric [155%(155%165% 156
General Motors. ./115 (113 (113%1115%
Goodrich Rubber .} ....| ....] ....] B 8
G. Northern, pfd. .[104% 1047 1047 104 7%
G. Northern Ore .| 33%/| 33| 8314 331
Great Western . .| ~..1 .. ....] 11
do, pref. . . ' Cos s ikl Juo TR
Gulf States Steel .| .. 111100 1130
WO AN DreL, . f L) it |
GO A pret. . .1 . oot G 8
Ililnois Central ./103 103 108 (103 |
Inspiration Copper.| 543/ 54%| Hd4le| 5514
DR . .y . avied cinbanil B
S wt ) al 5614 |
Indus, Alcohol . /159 (156 [15614(15681%
Inter. Nickel . .| 39%| 381%| 381%] 39'92‘
B TN ol «eui] 38
D Bty L
BB PR . . ] e d i DR
e L ]et 8 ‘
Kennecott . . . .| 43 ’142’,/.‘ 42%, | 42'%
Lackawanna Steel.| 933! 91 |Bl | 93 |
Lehigh Valley . .| 6314/ 63 |63 | 63
laclede Gas . . .| ... ...is:v.] 08
Tong eng . | 00l il dBB
A MR Y R R
Maxwell Motors . .| 36 | 331 83% | 34%
B P . beiid cl] il OB
aO, Sd pref. . .4 .iv.] i e 88 ‘
Mo. Pacific (new) - 317! 21 3155 324
Mex. Petroleum . .| 9615 95 ] 95 l 9615
Marine, . . . . .| 81 | 20%/| 20%/ 308
do, pref. . . .| 91%| 88 | 8914| 887% |
Montana Power . .| ....l/,...| ....| 90
..D e ‘
Miami Copper . .| 40 | 40 | 40 | 40 1
Midvale Steel . . .| 69 | 5835/ 583/ b 9
Nat. Cond. . . . | 36%| 38 | 363 |36
National Enamel .| ....| ....] ....] 4214
NOrth Americant . 1*....0 ... .J 0. 61%‘
N. Y. Central . . .| 895! 8914/ 894! 891
N.YY, NNH, H. .| 36%! 38 361! 36 J
Nationa! Lead . .} ....0 iid] 5...1 88
N, and W, . . .11227%1122%11227% 1122 |
Northern Pacific 101 1001410014101 |
eR R T RPOTN I '.’3"‘l
Nev. Con. Copper .! 21%, 21%/ 21%! 217%
N. Y, Alrbrake . .| ....0..0c00] 2.0.]181 |
Ohjo Citles Gas . 55%! b 4 | 43kl RFY/ |
Pitts.-W, Va. Coall ....| ....| ....| 821
PROe A . il ... canel vass 2
PRDERYIVRIE . Lk i) 5,’{1,‘1
Peo. Gas Co. . sl aasal caial saanld 1 ‘
P, Steel Car cool 8% 18141 7341 7336
Pittsburg Coal ..| G 568 565 ' 55841 555, |
Ray Consolidated . 27 | 26% 26% 261,1
Reading . . . .| 96%]| 94 94 | 95%
Rep. I. and 8. . .| 92%] 90'/," e
Ady pret, oo bicand i) ...._mg',(;l
Rock Island . . .{ ....1....] ....] Bb}
S 0 ON, .t et ceenl eaad 73 |
Ry. Steel Sprirgs | ....| ....| ....| Bl |
BOArS-RoeDUoK - . Vil sone)iien 108 ]
Sloss-Sheffleld . .| 63 63 |53 :62‘/&
80. Pacific . . .| 93 92% | 92%;) !48%|
So. Railway ... .| 2T% 27 |27 2784 |
00 DNt . ol s sish ....,'sß‘
Studebaker . . . Bbl%| 6314 63% | B4Y,
Bt. L. and 8 . .| ....0 .00 28%
Sinclair Ol . . . .| 48%/ f.’l [ f.‘{ | 131”
Swift Company . /163 |153 |1563 [153 £
AT S cirrfoonanl enso | 189 ]
o . . o cons saan] wal ] 2838
Tob, Products . .| 6415 623 623, 6305
Tenn, Copper . . .| 18%] 17%| 181! IA","
R AVEHUS ~ 1 o iait bioaloahes 26‘.»4,'
Texas Ofl . . . ./1188 1189 [lB9 “192_‘,'2'
TOSRE PROING: .« o 1 iis] i s HOOB
United Fruit . ..|136% 136% 1364 1361, |
Unfon Bag . . o o} oooif 00l ooio] 83
Unlon Pacifie . .’133"1(‘135'4 1351/2'_1.!6
do, pref. . ssseh savibh oseed 6.1‘%‘
U. 8. Rubber . .! 6156184 6154 M'zi
. B Btesl . . ,IZ.‘U-‘UHHJ?]%’!Z:“;,
do, pref. . .. 11811118 1118 |11844 |
U, C,' stores L 11T 1T T 7Y |
Utah Copper . . ./103% 10151102 (104 !
V.-Car, (“wml(‘al '. eros] 41
Va. 1, C. and Coke| ....| ...,] ....| 6634
WABSEN oo oL vl ceos| N%
do. pref. . . Lol i ] 498
Western Unfon .1....}....1 .. . 9.’!';'
Willys-Overland . .| 31%' 20%! 297%| 31 |
Woolworth . . ...l ...d%:) ... 180
Westinghouse . . .| 40%5 4815 4814| 40
White Motors .l ...l 2.0 l ... 48
Wilson Pkg Co. ..l 69 [69| 69 | 6815
'BUSINESS SITUATION Hi |
% ?
{ !
- OPTIMISTIC IN THE SOUTH
) 4 (
{ ‘;
By A. B. CUNBY, ;
President A. K. Hawkes Company, Opticians,
Immediate and future opportunities for business men of
the South are practically unbounded. And this is entirely con
sistent witn vnselfish patriotism, and having the welfare of our
prmmmmwag fellow man at heart. Atlanta especially is
P oy fortunate by reason of her assured military
: .%%a’\ prominence.
jR Prosperity is not on the way-—it is
i 3 here,
é T e There is an increasing demand for al
i ‘ T most every meritorious produet, which in
§ Sy g many instances can not be manufactured
B i rapidly enough to supply the demand.
: i\f&:‘ The South is handicapped by reason
S of comparatively inadequate manufactur-
N ing facilities which would give employ
&‘ ment to the laboring class. The business
man who embarks intelligently in manu
lacturing lLas tavorable conditions for success, besides proving
a benefactor, and promoting general prosperity.
With our rapidly expanding foreign trade, and increas
ing manufacturing industries—with our farmers learning the
importance of diversification, and the value of scientific
methods—with ready markets and record prices for farm
produets, and the Government preparing to protect the con
sumer from extortionate prices of staple commodities, it is
inconceivable how the situation can be viewed other than op
timistically.
The South is coming into her own.
Prosperity is here. Let us use it wisely.
\
\
\
Administration Has No Intention
~ to Deal Harshly With Any
body in Program.
By BOERSIANER.
~ CHICAGO, July 23.—1 n “the street,”
where memory should be long, it is
short. Just why the denizens of the
financial thoroughfare forget quickly
and easily and, therefore, are quite
losi to the sense of analogy is not
rationally explainable,
Perhaps it is because they trade
for the moment; are actuated by the
signs and psychology of the day; also
for the reason that their minds are
s 0 engrossed by what may be—by the
future—that little thought is left for
‘the past,
This explains why “sentiment” in
and around the bouise changes with
rapidity that amazes and bewilders
laymen, the outside element; which
maKes commitments, as a rule, in ac
cordance with a carefully reasoned
plan, premised on the street's latest
sentiment, only to find a few days
later that “sentiment” had radically
reversed itself.
The former head of an old broker
age house (one who did a large busi
ness for personal account) attributes
his multimillions to his ready adapta
bility to current sentiment. At home
in the evening he would plan a coup.
But the next day, on the Stock Ex
change, he would change his mind,
would either do nothing or do the re
verse of what he had planned the
night before,
Nothing had occurred overnight to
shatter his schemes, but something in
the alr of the bourse warned him;
something undefinable, inexplicable,
which communicates Itself to the
nerves of an intuitional person. Pro
fessional operators rely little on the
past; they disdain financial history.
.- . "
But the men in finance who do per
manent things, who look beyond the
day, the week, the month and even
the year, who have vision without be
ing visionary, have a good memory
and a respect for financial history.
These men remember what high
financiers thought during the first
months of the war, and those thoughts
should be instructive today.
Financial leaders thought the Unit- |
ed States would eventually be in-.
volved, but {t was too early for them
to judge as to which side. The para
mount issue--between autocracy and
democracy-—had not yet become clear
to them. There seemed a possibility
that Great Britain might commit a‘
grossly provocative act, though al
ready at that time it looked to thmn-‘
ciers like a 10 to 1 chance that Ger
many would be the aggressor, ‘
It was unanimous opinion that if
Gireat Britain provoked the I'niledJ
Siates it were prudent to close the
stock exchanges here immediately.
The effects on American securities
were disastrous and on ecommerce
depressive., There could be no ex
ports to Europe.
If, hoewver, Germany forced the
country to take up arms, the contrary
—a boom—would ensue, following a
reactionary interval, Aside from the
military question, it was the belief
that Germany was in the wrong; that,
being in the wrong, sympathy was
against her, and the importance of
sympathy in such a war was recog
nized.
. . .
That whicn was a sound postulate
in the-latter part of 1914 is a sound
postulate today. The war with Ger
many should not be regarded as a
financial and commercial depressive.
The probability in 1914 was reason
ably evaluated; the actuality of 1917
may be as reasonably summed.
True, our responsibility is great,
but it is not greater than financiers
would have been willing to under
write in 1914, All that is taking place
was practically foreseen, not exclud
ing the economic regulations about to
be signed in Washington,
The “street” and many others not
of the street-scoffed at what men in
finance saw, Some on change mostly
continue to scoff whilst there is war
ring and brawling over war taxation
and taxes on profits; whilst there is
a senseless campaign to make people
fear we day by day to darkness
crawl.
But the sneers of 1914 hold to their
tenet—that the war with Germany
will not disafect this country's eco
nomic structure.
There is no intention in administra
tive circles to be harsh to anybody.
There i 3, on the contrary, an iron re
solve to be fair to everybody to take
according to the ability to pay taxes
and yet not to impose an impost that
might impede ability and discourage
energy.
| Does anybody outside of a bear
cliqgue or an extortioner's den con-
Itend that the publicly quoted prices
for prime commodities and manufac
tures are within 26 to 50 per cent
wkat they should be—and will be,
once they are regulated? Does any
body suppose that the industries
which profit most by war should not
defray proportionally the expense of
war?
One may safeuly suppose further—
and be as one with responsible finan-
Iclen-—-thnt these vastly benefited in
dustries will make a highly satisfac
tory showing to their security hold
ers after the Government gets its just
percentage.
To allay needless anxiety the Gov
ernment will soon issue a statement
relative to war orders, profits and
| taxation. It will be definitive in con
viction and reassurance.
LIVE STOCK MARKET.
CHICAGO, July 23.~Hogl—Reoeipls,
28,000, Market ltrogg to 15¢ up. Mixed
and butchers’, I'l4. ?15.70: q_ood and
1'14,10010.85' light, $14.20@15.50; pigs,
savy $14.10@14.85; light, $14.25@15.50;
$11.50@14.60; bulk, $14.56@15.50.
Cattle—Receipts, 22,000; market steady
to shade lower, §8.40@10.50; cows and
heifers, 35.50%12.00; stockers and feed
ers, 86.35%9.4 ; calves, $10.00@14.75. °
Sheep—Receipts, 20,000 market steady;
native and western, $7.75@10.90: lambs,
$10.00@16.00
ST LOUIS, July 23-—Cattle: Re
ceipts, 10,000, including 900 Southerns.
Market slow. Native beef steers, 7.50@
13.50; yearling heifers and steers, 8.50@
13.26; cows, 6.00@10.50: stockers and!
feeders, 6.00@9.50; calves, 6.00@14.00; ]
Texas steers, 5.60@9.50; prime Southern
beef steers, !.00?12.26: cows and heif
ers, 4.25@9.00; prime yearlings and heif
ers, 1.50@ 10.00. |
Hogs: Receipts, 700. Market 156@25c
higher. Mixed, 15.06@15.70; good, 1565
15.75; rough, 14.15@14.45; llfh(s. 14.90
§ 165.50; pigs, 10.25@14.75; bulk, 15.15@‘
.65,
Sheep: Receipts, §5,500. Market steady.‘
Ewes, 800@8.50; canners, 4.00%4.50;
lambs, 10.60%16450; choppers, 6.00 0.a0.i
1 SS R DA i N
FINANCIAL NOTES. 1
NEW YORK, July 23.— President of
Standard Oil, of New Jersey, says nu-‘
tion is using 35 million barrels of oil
in excess of its production, and urge-'
the elimination of pleasure riding in
automobiles.
Mlinois Central has sustalned rates
on bituminous coal from the Ohio, Penn
svlvania, Maryland, West Virginia, Ken
tucky and Tennessee districts to central
frelghl association territory, with some
slight exceptions.
Twenty industrials, 92.61, up 1.02;
twenty active rails, 94,08, up .33,
- . -
The fiscal year of the American Malt
ing Company, ending August 31 next,
will show the largest net earnings in
the history of the company.
. - -
The absolute lack of demand for cop
per, with the increased supplies which
each day brings to the smaller dealers,
afuln has caused sharp concessions for
all deliveries.
. - -
An order has been placed with Ameri
‘(‘nn car manufacturers by the Hud
'son Bay Company for 2,400 gondolas for
‘shlpment to the Dutch East Indles,
- . . .
. Conservative Interest say the favor
‘able import to Western Union of the re
instatement of its wire system on the
Pennsgylvania Rallroad has not been ap
preciated at {ts true worth, Western
Union is earning its dividend twice over,
. » -
If the Steel Corlyoratlon earnings for
the second quartér compare with its
first quarter earnings in the same ratio
as Republic, the g&ures will be much
above the $135,000, ununlygpredicated.
It has been pointed out if Steel's sec
ond quarter oarmnil compared with its
first quarter as did Lackawaner's, the
blg corporation would show more than
$150,000,000,
HUTTON & CO.'S STOCK LETTER.
NEW YORK, July 23.—The big part
of Saturday's buying was shorts.
Brokers' loans are good deal reduced
and prices are down considerably, so it
is hard to force liquidation. There I 8
a better feeling lin the general railroad
sroup. People who ought to know pre
iet a reduction in St. Paul dividend.
On the other hand. there ig accumula
tion in C. & O. With the tie-up in
Washington, we cannot expect any real
market until every-one knows where
they stand. So far it is chaos.
——— e
| R. I. & S. EARNINGS LARGE.
NEW YORK, .luly 23.—Republic Iron
and Steel Company's showing of earn
ings for the second quarter of 1917 is
good, Net profits for the three months
ended June 20 applicable to dividends
were £7,180.406 and there was a surplus
Of $6.285.041. These earnings are at the
rate of $89.84 for the year on each share
of the $30,000,000 common stock, or
$22.46 for the quarter,
!3@«:1 ! !
/fl?”fi NN
' ' ‘
Entire Grain List Scores Frac
' 2
tional Gains at Start—Pro
visions Higher,
|
CHICAGO, July 23.—July oats reach
e6d a new high level of 78 cents at the
opening of the l'hk'ugn grain market,
R ogAln of Y over Haturday's close.
September oats were up %e to bf%%e,
and December r:-mnlmur stationary at
0'.m.1.«. Heptember whest was up l[.(- tn
Corn ranged from ‘e lower to ne
higher
Provisions were higher.
CHICAGO GRAIN MARKET,
Grain quotations:
Previoua
High. Low. Close. Close.
WHEAT
u1y..... 20 2.56 2.59 2.55
Sept..... 2.34 2.28 2.31% 2.27%
CORN~
Sept..... 1.63% 1.828, 1.63% 1.83%
Pec..... . 1.17% 1.151¢ 1.17 l.l‘a
‘Mny. 1.16% 1.13% 1.16 1.14
T » , 7
MR ok ) % % T
Sept. ... 61 5854 588, 532:
Dec..., 617% 594, 507 60y
‘ PORK- .
July.... 41.30 41.26 41.256 40.55
Sept.... 4070 4030 40.55 40,10
- LARD
July. . 20.60 20.42% 20.56 20.40
Sept. 20,8214 20.82%% 20.77% 20.62%
RIBS --
July P 21.75 2!.99
Sepl 21.92% 21.80 21.86 21.73%.
WORLD'S GRAIN SHIPMENTS.
Wheat, last week, 9,957,000; last yeas,
13,769,000,
Corn, last week, 1,633,000, last year
6,963,000,
Oats last week, 4,061,000, last year
4,709,000,
| GRAIN MARKET OPINIONS,
Bartlett, Frazier & Co.: “We are rathes
inclined to look for a somewhat lower
corn market this week. Oat market
has had a pretty good advance, which
should be sufficient for the present.’ [
THOMSON-M'KINNON ON GRAIN.
CHICAGO, July 23.—Corn: Amm!z
that a $2 minimum will be fixed fi
wheat in western markets, and presum
ing that placing the minimum at this
high level is evidence of desire stim
lulate production, it may be tHat the
same ideas relative to corn will pre
vail with Federal authorities. Inas
much as the greatest demand for cash
corn at present is for the white corn
meal; in other words, for food purposes,
the $2 level for wheat is a lu?utlo.
that the new crop will not come to mar
ket around the $1 level. It is, however,
too early for theories of thig sort to be
a market factor. At the moment
weather is the prime motive, and bene
ficial showers have occurred over good
ly portion of the belt,
Oats: While there are indications of
freer selling of new oats by the coun
try, it is not possible that there will
be any particular movement to this
market until well into next month. July
prices, therefore, will conform to the
old oats. Position of the new crop
futures has been weakened by the re
cent advance and should be influenced
by increased country offerings,
FRUIT !XOHEANO!.
The Georgia Fruit xchange's tele
-s{;rflphlo quotations on peaches Monday
ollows:
Boston—Georgia Belle, high, $2.75;
'8%“1'0 $2.00; Elbertas, high, f 3.25: low,
0,
Providence—Georgia Belle, high, $3.25; '
x’o)\g $3.00; Elbertas, high, $3.00; low,
- d i), .
New York-—Georgm Belle, high, $3.50;
Elbertas, high, $3.50; low, 32."5.
Phlladelphla~(;eorgia Belle, hi
$2.50; low $2.25; Elbertas, high, 82.’:?
low, $2.50,
I Number cars out of state, 50 Elbertas.
F. O. B. prices, $2.00@2.25,
WEEKLY DRY GOODS REVIEW,
Marshall Field & Company, in thelr
weekly review of the dry goods trade,
say:
“Current wholesale shipments of dry
Boods are running (~nnniSernbly in ad
vance of the corresponding period of
ilnst year. Shipments of fall orders also
are well ahead. Road sales for both
immediate and future delivery exceed
those of a_year ago by a considerabis .
margin. Customers have been In the
market in about the same numbers.
i(?-»llw-tlons are larger.
| NORTHWESTERN CAR RECIPTS.
] Monday. 19186. 1915,
Minneapolis ...,... 166 147 ‘;‘ ‘
ll)uluh 2 16 1
| Winnipeg ......... 245 283 1,247
' et e e eot ——
GRAIN NOTES.
CHICAGO, July 23.—Poehler & Co..
of Minneapolis, wired: “Miller in
Springfield, Minn., says corn up to usual
rs(and;ml for this date. Rye, barley,
oats and wheat best crop have ever
had in this section.”
’ e e
~ Advices on crops In North Dakota are
very optimistic, according to a lpeclfl
'report issued by a Minneapolis grain
~man. Very favorable weather, with
‘mo«lerate temperatures, good breezes
and local showers. Conservative men
‘estimate that, with favorable weather
from now on, the State could average
nine bushels per acre of wheat. Late
barley is improving and, rye throughout -
the State has benefited ireatly by rain,
Oats are the poorest of the small grains,
‘and, with the short hay crop, the feed
‘!ng conditions for stock in North Da
kota will be strained. Farly flax as a
rule is good, but late flax is uneven
'and backward.
. - -
~_ln ®Minnesota conditions are poor.
‘Harvesting of rye and barley has start
‘ed there and the yield is of very good
quality. Wheat is filling well and with
favorable conditions fifteen bushels per
‘acre is expected. Weather conditions
are generam' sallsfact.ory for corn.
.
| In South Dakota conditions are very
good each of Huron, but the James
'River Valley needs moisture, Five
counties just east of the Mississippl
River will have light crops.
LONDON BAR SILVER.
LONDON, July 23.—Bar silver is up
1-16 d at 397%d.
b
LEGAL NOTICE. ;
e ——— ee e e —— ————————— 4
)ffice of the Lumber Underwriters, 1
b w e June 2L, 181 i
This is to notify the public a
Lumber nderwriters, of No. 66 Broad
way, New York City, N. Y., has with
drawn from business {n the State of
Georgla. Said Lumber Underwriters has
canceled all polices issued by it in the
State of Georgla, and has satisfied amnd
pald all losses and all claims of its poli
cy-holders In the State of Georfln. and
on the 16th dn,\}'{o( July, 1817, will make
application to Hon. Willlam A. Wright.
‘Comptroller General and Insurance Com
-Iml,.flmer of the State of Georgia, for
\leave to withdraw from the State Treas
ury the bonds of the:Lumber Underwrit
ers now on deposit with him.
r EUGENE F. PERRY,
4l Attorney in Faect.
M. F. MeNICHOL,
WNotary Public Rockland County s
(Certificate filed New York County. Na.
79, My commission expires Marech 30,
1919.)