Newspaper Page Text
6A
THE SUNDAY AMERICAN'S FINANCIAL AND COMMERCIAL PAGE
Price Fixing Talk, Transportation Conditions
and Fuel Holidays Helpful to Bears—Prices
Off 88 to 102 Points—No Legislation Seen.
By VICTOR BARRON.
Cotton bulls backed away from the
market last week and allowed the
bears to hammer prices down mate
rially.
Saturday’'s closing quotations in
New York showed futures 82 to 98
points below the previous Saturday's
close, while the list in New Orleans
Clsplayed a loss of 88 to 102 points,
Bpot holders were Indifferent, with
offerings light. Advices from the belt
state that the position of the actual is
as strong as ever, with holders inde
rndem and confidently anticipating
l%hl'r prices.
eports that the Presideht had
msked for blanket authority to fix
prices of commodities essential to
prosecution of the war, together with
continued talk of curtailment in con
sumption and the unfavorable trans
portation situation, furnished the
principal incentives for the attack on
the market.
Selling Liberal 01l Week.
Belling was more or less liberal all
week, comirg chiefly from specula
tive sources, consisting of llquidation
&I’long lines and short selling. The
est was credited with getting out
of cotton bought early in the week,
The South, Wall Street and commis
wion houses figured prominently on
the selling side.
Trade houses, spot firms and Liver
pool contributed the bulk of buying
orders. However, the old bull crowd
held back, with the result that values
were depressed without much resist.
ance.
While peace prospects looked
bfl{hter than for some time, early
in the week, the speech of the Ger
man Chancellor diminished the feel
ing considerably that the war will
end this year. Tha report of a revolt
in Austria was helpful to the bulls,
but after the German Chancellor's ad
dress peace talk grew less and buy
ers backed away from the market,
¢ Mill Takinas Fall Off. \
' The bears also used smaller mill\
takings and exports to sell the mar
et on. Exports last“week were 60,-
692 bales, against 162,947 the same
‘week last year. Exports so far this
season total 2,513,861 bales, or more
than 1,000,000 bales less than the pre
vious corresponding period--3,674,200,
Spinners’ takings for the week were
materially off from the same week
last year, being attributed partly to
the five.day shutdown and unfavor
able transportation conditions, which
is baving considerable effect on the
Northern mills, who are éxperiencing
much difficulty in getting from South.
ern points. Mill takings for the week
amounted to 251,000 bales, against
268,000 the same period in 1917, To
tal takings since August 1, 1917,
amount to 6,832,000 bales, compared
with 8,027,000 the period correspond
h‘outhorn consumption last week
totaled 90,000 bales, against 126,000 a |
year ago. |
The effect of the extremely bad
weather and rallroad congestion on
&Mu {8 evidenced by the overland
ovement last week, which totaled
only 1664 hales, agalnst 28518 the
:::u week last year, So far this sea- |
the movement totals 911,172 bales,
against 1,072,001,
. No Price Fixing Seen. |
_ That there is no danger of the price
Week’s Financial Summary
Following Is a brief day-to-day sum
mary of ghc most essentlal financlal
news made public last week:
MONDAY, JANUARY 21,
Atlanta Commerclal Exchange, New
York and New Orleans cotton exchanges
#nd the Metal Market were closed—in
co-operation with fuel administration at
anunmon.
Atlanta bank clearings $10,586 985 54;
last year, $4,709,225.66.
New York Btock Exchange closed
teady. Under the leadership of copper
m‘.oll shares, all issues scored sharp
, With Texas Oil showing the
g‘a!ut strength, Trading was light,
Ing to cold and absence of lights,
heat and other u(roraung facilities. Op.
erators used candles at wires to receive
and send messages.
Chleago grains ciosed ullgml'\' higher.
Trading was light and featureless. RBig
q‘lpu of corg and hogs caused early
; ne.
umored that copper prices will be
yulsed to 26c.
Greatest snowstorf in recent years in
Western Texas. Heavy snow drifts
stalled trains in all directions,
In _the year ended December 31, 1917
;2' ’&HOHI] Biscult Company reported
A 7 share earned on its common
#stock, compared with §9.72 a share in
the fl.clkfear ended January 81, 1817,
-~ _JApplication made by the Ohlo Cities
Gas Company to the New York Stock
P%n‘e listing committee to list sl,-
50, additional common stock.
dmmerclal fallures last week in the
Uni States, as reported by R. G. Dun
& Co., were 267, against 285 the pre
vious week, 218 the preceding week and
8568 the corresponding weeck last year.
TUESDAY, JANUARY 22 |
A#mnu spot cotton declined 45 points
to 31.80. |
Atlante, bank clearings, $6,432,%).31;
lyst year, $4,278,690.46.
+ *New York cotton declined 43 to 63
mdufln. the forenoon on active
3 due to price-fixing rumors. At
noon all wire communication to South
was cut off, owing to sleet.
" New York stock market was active,
bntn?rice movement was narrow at the
opening. Later all active issues moved
up on moderate buying. Wire trouble
prevented afternoon movement of the
market from being received here.
Chicago grains wre.fractionally lower,
g ing to light demand and heavy re
-1 ng to demoralized telegraphic
ice—North and South—due to sleet,
market quotations were delayed.
g:uuom were published here.
¥ The ckeyve Pipe Line Company de
glnd the regular ?unrte-r!y dividend of
and an extra dividend—amount nat
given in wire report.
Dr. Garfleld sald his four days' sus
pension of tusiness has brought more
_coal to the East tr!‘un it- has had in
but New York State fuel admin
sald famine in New York has
3 2 n relieved.
’
Cotton "Changes Idle
All important exchanges will
be closed Monday, with the
exception of the Chicago Board
of Trade, on account of the
“heatless and lightless” Mon
days.
The Atlanta Commercial
Exchange also will be closed.
It is not known whether the
Coffee and Sugar and New
York Produce Exhange will be
colsed or not.
fixing bill becoming a law is evi
denced by the following from Thurs
day's New York Commercial:
In important trade circles little
importance is attached to talk of
a fixed price for cotton, It is un
derstood that Southern Congress
men would line up solidly against
legislation on the theory that it
would check the disposition now
noticeable to enlarge cotton acre
age. The opinion {8 expressed
that, even If a price 1s fixed on
cotton, it would not apply to the
crop about to be planted unless
the maximum, as was the case
with wheat, was fixed at such a
high price as to furnish added in
centive to planting the staple,
A private message received from
Washington early in the week said
that there will be no price fixing on
this crop and that it is extremely
doubtful if prices will be interfered
with at all in Government needs are
taken care of.
A (harleston firm sent the follow
ing wire:
Am advised from Washington
that there will be no price fixing
on cotton by the President, even
if given the power. Als;‘ that
present prices fixed on wheat,
coal, etc., will be modified fur
ther. That from an economic
standpoint consider law govern
ing the fixing of prices of cotton
as anything but an economic
measure, and should be discour
aged in every way possible, éspe
clally at this time; in fact, farm
ers should be encouraged to raise
large crops.” :
Albert C. Rucker, of New York,
comments as follows with regard to
Government price fixing:
If any price fixing on cotton
should be seriously contemplated,
which is doubted by the trade at
large, such action will hardly take
place at this time of crop prep
arations =0 as not to encourage
any reduction in acreage. unless a
price well above recent high lev
els for spot cotton should be de
cided upon. Moreover, due con
sideration by the thinking world
should be given the fact that no
arbitrary price fixing can ever oc
cur such as would benefit one slde
to the detriment of the other, but
that actual commercial condftions
must form the basis for price
regulaticns.
By STOXAN BONS.
WEDNESDAY, JANUARY 23, |
Atlanta spot cotton declined 16 points
to 81.65¢. |
Atlanta bank clearings $9,893,738.20; |
last yvear, $4,306,219.28. 1
New York cotton closed 3 to lidpolnts;
lower. After scoring a sharp advance
during the late forenoon, the market
broke on renewed selling and absence
of ntrong demand.
New York Stock Exchange closed
weak. SP»claltlea were stronf and
higher early in the day, but dur nfi the
closing hour they slumped materially,
with United Cigar Stores falling from
99 to H 4. 1
Chlcago grains closed with gains of
more than a cent.
Regular dividend declared on Penn
sylvania, Norfolk and Western and Con
solldated Gas. |
New Orleans Cotton Exchange voted
to close on all heatless Mondays. |
President Wilson extended until June
prices of 28%c for copper fixed for Sep
tember 21.
Bears, Roebuck & Co.'s surplus for
1917, after deducting excess profits tax
and {>referred dividends, was estimated
at §513,600,000, equal to $18.25 a share
on the 876,060,060 common stock, ac
cording to Wall street reports,
THURSDAY, JANUARY 24.
Atlanta spot cotton advanced 856 points
to 82 cents.
Atlanta bank clearings, $8,774,735.63;
last year, $4,083.529.66.
New York Stock Exchange closed
strong. Strong demand caused vigor
ous gains throughout the list.
New York cotton closed 26 to 38 points
Ahigher, due to active buyingr by arol
houses and trade interests. The buying
was stimulated by news of a revolt in
Vienna and that the x;rloe-flxlng bill
has been held up indefinitely. ¥
Chicago grains closed slightly higher.
Seaboard houses were strong buyers of
oats early in the day, with the result
that January rose to a new high record
of 82 cents,
Usual dividend declared on Greene-
Cananea—2 per cent quarterly.
Gaston, Williams & ermoro de
‘(‘}n;ed the regular quarterly dividend
of sl.
| Columbla Gas (‘onr‘\gan,v ‘declared the
regular quarterly dividend of 1 per cent,
Pressed Steel Car Company declared
the quarterly dividend of $1.75 on the
common stock. and the regular quarter
ly dividend of $1.75 on the preferred
stock. s
The New York Stock and Coffee Ex
changes voted to close on coalless Mon
days.
General Electric Company's profit and
I&ss account for nine months ended
September 30, 1917, showed balance aof
$27,776.950. equal to $27.36 a share on
$101,512,500 capital stock outstanding.
FRIDAY, JANUARVJS.
Atlanta spot cotton declin 20 points
to 31.80.
Atlanta bank clearings, $8,479,025.70;
last yvear, $3,699.876.31,
New York cotton market closed 31 to
HEARST'S SUNDAY AMERICAN . A Newspaper for People Who Think — SUNDAY, JANUARY 27, 1918
) + 3
'All Business '
Here Is Actiue,
Bradstreet Says
: OLLOWING shows Brad
;F street's summary of local
’ business conditions here for
Etho week ended Friday, January
| 283
; Trade at wholesale and re
' tail good. Manufacturing in
. dustry active, Jobbers and
' manufacturers report active
' demand for goods.
Deliveries necessarily de
layed by enforced inaction,
~ freight congestion and bad
weather conditions.
i Retail business has suffered
~ from same causes, though
where weather permitted sales '
have been active, Altogether
for reasons above stated re
sults have not been satisfac
tory. Collections are good.
The fuel situation is gradu
ally improving, though manu
facturers dependent on coal
are still badly handicapped.
Week’s Range
In Cotton
Following shows the nighest and low
est &rlcn of active cotton options on
the New York and New Orleans Cotton
Exchanges last week, together with
Saturday's close and net changes from
Friday's close; also below net changes
JUC SN
IR BL TR
| Il | Sat. |Net
et eL H IG] LOW.] Close, |C'se
January , . . ./031.38(530.58{........]....
March . . , . .[/031.03/*30.15| 30.31.356—14
MRy o ... . . .[190.00 ‘29.05' 29.83-85 —ls
July. . . . . .|130.27/*29.30 20.47-49|—-17
October. . . .|128.88*28.04| 28.14-15/—l3
b o BN GRSy
T ’f-', Sat. |Net
oo |High| Low.| Close. |C'se
January. . . ./-30.656/$20.66/........,...
Mamn., .o ..m.o&po.nl 29.03-05—14
May. . . . . ./129.60 *28.60 28.71-76 —l7
July. . . . . ./120.32/*28.31 28.42-46(—18
October. . . .|129.70/%27.02] 27.15-17/—ll
fTuesday; i{Wednesday; -Thursday;
oFriday; *Saturday.
Net changes for week:
PR WO .. . iiiiias e nnas Bl BN
Néw Orieans.. .. .. .. \.. .. ..—BB@lo2
i Fertilizer Materials?
AA A A A A A AANANAN AP AN S
Corrected by HARRY COHEN,
United States Food Administration Li
cense No. G-27360.
Nitrate of soda, % per cent, ex ves
#el, 100 pounds, u.«mp:“; futures, 100
pounds, $4.00@4.45.
Sulphate of gmmonia, bulk, f. o. b,
Baltimore, 100 pounds, $7.00@7.26; sul
ghutc of ammonla, bulk, f. 0. b, New
ork, 100 pounds, $7.00@7.25.
Blood, c. a, f. Atlanta, bulk, per unit
ammonia, $7.15; tankafie, 4. 0. b. Chica
go. bulk, rer unit ammonlia, $6.26@6.35:
tankage, f o. b. New York, bulk, per
unit, ammonia, $6.45@ 6.50.
Nebraska potash, c. a. f. Atlanta, per
unit potash, $5.45.
Camp Gordon manure, f. 0. b. Atlanta,
per ton, nominal.
Acid phonghate, c. a. f. Atlanta, bulk,
per ton, sls. |
Tobacco stems, c. a. f. Atlanta, per
unit potash, $6; tobacco stems, c. a. f.
Atlanta per unit, ammonia, $6.40.
;33‘"" bone meal, f. 0. b. Philadeiphia,
Bags, c. a. . Atlanta, per 1,000, $320.
Armour Eranings
20 P. C. on Stock
CHICAGO, Jan. 26 —Armour & Com
pany's business in the United States In
1917 ameunted to $575,000,000, on which
a net profit of $21,000,000 was earned,
l\coordlng to the firm's financial report
just made public. The firm's busi
ness in products originatin in this
country-—sold both here un?l abroad -
was $60,000,000 greater than the world
business of the firm in 1816,
Net Income was equivalent to 14.5 per
cent on invested cn{:ltal. or 21 per cent
on the capital stock. The profit from
the sale of meat and other food prod
ucts amounted to 2.21 cents on each dol
lar of sales.
In 1916, Armour’'s total profits were
$20,100,000-—-14.7 per cent on investment
and 20 per cent on capital stock.
RAILROAD EARNINGS.
Reports for November from 183 rail
roads in the Unlted States show in the
aggregate $72,336,607 net after taxes, a
decrease of $29,204,922.
42 points lower. Aotive selling and light
demand, due to unfavorable political
news, bearish spinners’ takings and
transportation conditions, caused the
slump. |
New York Stock Exchange closed ir
refulnr. Railway issues score vigorous
gains during the afternoon, while steels
and other issues dropped. 1
Chicago corn closed lower and oats
higher. ; Commission houses were the
leading buyers.
Directors of the Chicago Board of
Trade voted that trading in corn for!
January delivery be discontinued. I
American lce Company _reported to
have harvested so far thig year 100,000
tons of natural ice, more than was har
vested during the entire season a year
ago.
American Woolen Company during
the last year made larger earnings, it
was reported, than in any other year of
its business career. The company's
Government contracts amounted to
$100,000,000.
Value of the automobile tires to be
manufactured in the United States dur
ing 1918 expected to exceed $500,000,000.
SATURDAY, JANUARY 26.
Atlanta spot cotton declined 20 points
to 31.80.
Atlanta bank cle\rlng. $6,886,008.41;
last l:‘r. ‘3,325,740.98. or week, $51,-
013,848.79; last year, $24,353,282.85.
New York cotton closed 7 to 17 points
lower. “:&;k-end liquidation caused the
decline. ort covering and buying by
trade irum was the sustaining factor
early (‘r day.
New Yq ?tock Exchange closed ir
regular. ‘Stael issues ware in demand.
“hicago . ins closed higher, with
oats most prominent.
Provisions closed higher.
Standard Oil of Kansas declared the
regular quarterly dividend of $3 a share
and an extra dl\‘Qfl\d of $3.
Food controller Yof Great Britain told
‘Heover that Alljes must have 75.000,000
bushels of wheat to insure victory.
~ Reported that presidek and vice presi
'dent of Denver and Rio Grande will be
inamed receivers of the road. :
Court granted permission to Equita
ble Trust Compary, which holds judg
ment of $38,600,000, to intervene in suft.
|
|
i
{
|
{
g
| -
i
l it
' Short Covering and Trade House
‘ Demand Early Sustaining
} -
l Factors,
I NEW YORK, Jan. 26.—Negr months
| were easler at the opening of the cotton
| market today, March being down five
' points and May showing a loss of eight
|pnlms and July twelve points. By the
' time trading in May ended on the call,
;however, later positions in the local
market were steady, recording advances
\ur three to eight points.
’ Houses with Southern conflections
~were good sellers of March and May
on the call. Distant positions were
steady on hu?"lnx by trade houses.
Prices dipped five to sixteen points from
the opening within ten minutes, but im
mediately rallied on covering by shorts
over the double holiday and before the
end of the first half hour stood four to
nine points above the previous close.
There was a sharp covertng move
ment at the close, which brought prices
up to a net decline of-7 to 156 points. ‘
Spots were quoted 20 points 10wer‘
at 31.60. ‘
NEW YORK COTTON FUTURES.
€ a | g .1p
15 15]s l3s| 2 |3B
S 'S aBs' AD i
Fy 118021 |30.36 |
Mh ‘31).40‘3()‘50"30.16.30.31|30.31-35130.05-47\
AD loiiihirulsvrilisc 130.05
My |20.90/30.03 29,65 |20.8(20.83-85,29.98-30
JO Lisidiocdiingilsat 8068 .19 ‘
Jy ;.’.‘9.72'::9.7229,80,29.47,29,(7-49'29.64-65j
e T ..‘.g‘...;.....m.az-sz’zs.n
Oc 28.30,28.26 28.04/28.15/28.14-15(28.27-28
De 128.12]28.12 28.12/28.12127.90-93/28.04-06
Closed firm.
NEW ORLEANS COTTON FUTURES,
S i el
I g &' B 2o § b'g'
g N 3 £
21 RIS 331 8 LY
¥b 2563 149.65 |
Mh [29.26/29.22 29.93 29,05 36.03-05/29.17-19
AP Liosotiiiid ot sl 29.08~05i29.17-19
My [28.9529.98 28.60/28.75 28.71-76 28.88-91 |
Yo Lo e i s
Jy |28.55|23.68/28.31128.46/28.42-16 28.60-65
Oe i27.25‘27,26’21,02f27.1527.15-17;’2&25-27
De w e valans stlv. o vienbess iR OU-DBBTILO
Closed steady. ‘
SPOT COTTON. |
Atlanta Commercial Exchange quotes
good middling, firm, 31.60; sales 650
bales. ‘
Atlanta Warehouse Company quotes
good middling, 31,5,
Liverpool, middiing, 23.8%d.
New York, middling, 31.60.
New Orleans, firm, 30.87; sales 865
bales. ‘
Charleston, middling, 3lc.
Wilmirgton, middling, 30%. |
Galveston, quiet; middling 31.10; sales
74 bales.
Savannah, nominal; middling 3114,
Augusta, steady:-middling 3lc; sales
1,120 bales.
Philadelphia, quiet; middling 32ec. {
Boston, quiet: m!ddling 31.80. :
Norfolk, steady:; middling 30.38. |
Little Rock, steady; middling 3le¢;
sales 540 bales.
Bt. Louis, steady; middling 3114.
Montgomery, quiet; middling 311%. |
Dallas, firm; mlddlins 20.40. |
Houston, steady; middling 30.80; sales
146 bales v ‘
Mobile, nominal; middling 30.88.
Memphis, steady; middling 3114 ; sales
1,500 bales. 2
ATLANTA COTTON SEED PRODUCTS
Crude 011, basis prime--January and
February, 1.31.
Cotton seed, 7 per cent ammonia—
January and February, 47.560@48.50.
Cotton seed Tneal, 7 per cent, Georgia
common rate point—January and Feb
ruary, 47.50@48.50.
Cotton seed hulls, sacked-—January
and February, 22.50@23.50.
Cotton sead hulls, loose—January and
February, 19.00@ 20.00.
Linters, clean mill run—January and
February, 4% @s'%c.
HUTTON & CO.'S COTTON LETTER.
NEW YORK, Jan. 26.-—Week-end liq
uidation, offerings from the South, lack
of demand and the prospects of rain in
Southwest Texas led to a further de
cline in cotton today. With practical
ly everything known of the old crop
and the season half over, fluctuations
from now on will depend a great deal
on the question of what the next yield
will be. Should ralns occur in Texas
prices will likely be hard to sustain.
On the other hand, with the continued
pessimistic feellnfi among traders and
the fact that offerings become more lib
eral on all advanced, indlcations point
to a stlll iower level of prices.
LOWENSTEIN'S COTTON LETTER.
NEW. YORK, Jan. 26.—Renewed sell-
Inf by the Wall street interests who
sold vesterday, some prospect of rain
in Texas over the two-day holiday, and
scattered liquidation on stop-lo.r orders
made a soft market today, with the
chief support apparently coming from
shorts, although trade houses bought
moderately near the close. The fifteen
month drought in Southwest Texas and
the need of rain all over Texas hfi‘
been a tremengious factor in holding
cotton at 30c, and should Texas be
relleved it would probably mean still
lower prices.—Clevenburg.
HUTTON & CO.’S STOCK LETTER.
NEw YORK, Jan. 26.—1 t grows more
evident daily that the stock market is
liquidated and is in a position to accept
good news more readily than bad. It
lhns undergone many tests which under
conditions of a year ago would have
brought about a panic with a small re
action, sometimes an advance in price.
The only activity in the street is the
small trading element which is trying
to make a market with all the big in
terests absent. |
Peace talk still persists, but there is
nothing in statement made ba' the Ger
man (‘iancvllor that would indicate this.
The operations in the earlxrpart of to
day were purely short coverings. There
has been an old short in Canadian Pa
cific left over from the bear market in
ralls which has never had a chance to
cover, so whenever prices are strong
a few of these are run in. |
There is buying of General Motors by
the crowd who made the last big turn.
Next week with United States Steel
dividend meeting and St. Paul dividend
| meeting will be an important one. If
! the biggest Interests in the countri' pay
|the regular extra dividend it will be
j construed to mean confidence in the
business future. If St. Paul should pay
its regular dividend on the common and
Freferred it would me%n that railroad
nterests fesl confident that Government
backing is secure. Someone has been
buyving Marine common, probably in
::\le deal in which preferred was fiock-
The market had a shiver early in the
week on talk of the new Government
bond issue. The time when this financ
ing is to be done is daily growing near
er and from present indications a high
er rate of interest will'be made for
the next issue, probably 433 per cent.
The ioan, too, will have to be a big one.
It is not surprising with so much un
certainty, that moneyed interests keep
out of the market. and without them
Iwe can not have anything more than
we have had recently, backing and fill
}nx and fluctuations, which mean noth
ng.
|
|
i &
i ' ' '
Crucible Steel in Brisk Demand
Near Close—General Elec
; tric Reacts.
NEW YORK, Jan. 26.—There was an
irregular trend to the trading at the
lonening of the stock market today, the
*tnduslrial issues showing slight losses,
while the railroad shares made frac
tional upturns.
Steel common sold % to 913, while
Baldwin locomotive yielded % to 59!&
Mexican Petroleum fell 1 point to 90
and General Electric dropped 1% to
129%. General Motors after selling up
to 1187% fell to 116.
Canadlan Pacific was the most ac
tive of the ralls and rose % to 141%.
Union Paclfic advanced % to 113% and
fractional gains were made in Reading
and Baltimore and Ohfo.
‘mliixbe”y 43 were active and rose to
1 The minor steel industrials became
prominent in the late deallnfl’s. There
'was brisk demands for Crucible, which
‘moved up over one point to 568, and
Baldwin rose to 61%. Steel common ad
vanced from 90% to 91%. General
Electric dropped two points to 129 and
Mexican Petroleum rallied one point
from the low.
he market closed irregular. Govern
ment bends unchanged; railway and
other bonds steady.
NEW YORK STOCK MARKET.
Stock quotations through closing bid:
I | IClos.iPt;ev
_STOOKS - ___|High|Low.|Bid.[Cl'se
Allis-Chalmers . || 19‘fi| 19 |l9 | 18%
AT T B BN S
American Zinc . .| ....| ....| 14%] 14%
Amer. Beet Sugar | 77%| 77 |77 | 7%
QOS PR, o vTI L
American Can . .| 37%! 3615/ 38&' 37
GO, obel .0 .l uih LB SHIE
Am.'Car Fy. . .| 71%| 71 | Tlle| TO%
Am. Cotton Ofl .|°2B | 28 |2B |2B
Am. Locomotive | 563 56 | 56| 854
o VDY xs)ref. oo T o ....| 85 | 95%
‘Amer. Smelting .| 83%{ 82 | 828 83
do, prel. . . ] ceq 0106 04
Am, Steel Fdy. .| ....| ke oo} [
Am. Sugar Ref. ./105 105 106 106}
Amer. T. and T. .;104%-104&’104% 1038
Amer. Woolen. .| 4715/ 478! 4714 47%
~do, Fref. ioo T 92%
Amer. Linseed . .| 323 821| 3214| 33%4
do, pret. .’ .l T4%| psl i o
Atl, G. and W. L. ./102% 1021410214103
Amer. H.Bnd L. .| 12 (13 |l2 |l2
do, pref. . . .| 6315 63%| 53% 53
Amor, MMt OOrp, .| ....0 ol B
G 0 DL =5 ] bl et sit RN
Amer. Tobacco .'WO‘AilOO%;lOO%%IOO
Am. Suma. Tob. .! 66 | 66 | 66 66
ATIREN IO . O Veleidl iBR
a 0 peets o 00l c P asl il oeia g
Alaska Gold . . . Zél 2'2': 2% 214
Anaconda . . . .| 61%]| 61%/ 613/ 613
Atchison . . . || 843%]| 843 8434| 838,
g, pref. . . | ..ol co bBO ISR
&Sy o) .{...‘\....'SO%CSWQ‘
Baldwin Locomo. .| 61! 69!‘7 61141 598}
B. and O. . . . . b 1 | 60%| 50% 50%
do, pref. . . T ‘
Bethlehem Steel .| ....| ....| 76 | 6 |
aO, prel, YR, sl ,‘..!90
do, pref. .. . 9815| 98¢ 9815 98%
do, B. . . . .| 76%]| T4%/| 76%! T 4%
B RE ... .9 1 e
Butte Superior . .| 18%, 187 I 187 18%
Cal. Petroleum ..| 15 15 16 I 15%‘
do, pref. . . .| ....|"%...| 40 |43
Canadian Pacific .;14322‘141%\142%&141
(‘.nnd(\....53253{53152%
G A N, 00l et vt B L ORI
Colo. /¥, and I. . ./ 85 (88 [ 88 |BB
C., M. and St. P. .| 43%] 43 , 43% 42%
G 0 ek b e ..‘.[7322\
Chino, Copper . .| 42% 42% 42%| 42%
Consolidated Gas .| .../ ....| 87%]| 87;2\
Corn Products . .' 83%/| 328 y 325 328,
Crucible Steeél . .| 568 541 ss;z, 5415
Cuban Cane Sugar| 31%| 313%/ 31%/ 31;2
MUY LNI
CRR loae Do . .|l il Iz%i Im|
Central Teather . .| 6514/ 6414/ 641 65;2
Chile Copper . .| 16%;| 16%| 16%/ 16
Columbla Gas . .| ....| ....| 38%]| 33%
Corro De Paped . .| ....0 ...l 0%
Contißental - Oan | 0.1 o) .o 88
Del, and Hudson | 1101 /10914/110 109
Distil. Securities .| 28! 371g| 37% 37
Erle . . . . . .| 14%| 14%/| 14%( 11%
do. st pref. .| 241| 2434] 2414| 24%
Q 0 BEPPRE. o ol vl bRI Tl
General Electric ./1303 130 (130 (131
Geenral Motors .1183%116%|117" 116
apopret. o oL Glic sk RON
Goodrich Rubber . 45 | 433/ 45 | 4314
G. Northern, gfd. ! 88%| 883 | %%f 891
G. Northern Ore .| 27% | 26% 26%| 29
GEanl Wastern . .| ...l b a 8
AR BREE . L o aaiab et 20
Gulf States Steel .| ....| ....| 8714| 86
Ilinois Central .| 95 | 95 | 95 [94
Insp. Copper . .| 45%| 45 | 45% 44;2
SNEAFBONG U o el TR
qo, ety . oL ] el ARSE 48N
Indus. Alcohol . . 118% 118 ;118%‘119
Inter. Nickel ~ ./ 29 | 28 |29 | 283
Inter, Paper . . .| 27Ty 27 27&, 27
K. C, Southern . 17%]| 17 ‘l7l/.; 17
ao, meel L Gl o i Tk
RN TY sOGI TG e
BRCPOaY vt et nks it 722
Kennecott . . . .| 327 3{2&2! 33"'[ 32
Lack. Steel . . . .| 751! 7538/ 754 6%
Lehigh Vallay . .| ...l 5.1 88 1M
Liberty Bonds 31455/88.04/98.04/98.04/ ....
do. 4s. . . . .196.24/96.24/96.24| ...
L.and N. . . . . .[118%(113%/118% 118
Maxwell Motors .| 27 | 26 | 26 | 28%
doj Ist pref. [ ....[ ....| BT%| BT
Mo. P}f!flc (new).| 2214! 22 | 223 21y
Mex. Petroleum .| §1 | 8915 90%| §l%
LL S ee S X 1
Marine. . . . . .| 24%| 24%| 245 241
do. pref. . . .| 9134| 9015| 9134] 90%
Montana Power .| ....|....] 68 |6B
Miami Copper . .| 82 |32 33 | 313
Midvale Steel . . .| 437 43%/ 43%/ 43%
National Condult .| ....| ....| ....| 1614 |
National Enamel . 44 | 433 43 | 4385
North Ameircan .| ....| .... 431p] 43
N. Y. Central . .| 70% 70 | 70l 70
N. Y., NHB\& H.| ....|] ....| 28341 38%
National Lead . .| ....| .... 44%) 44
NoAnd W, . 4 .1103‘fit_103‘fi{1085§{103l’g
Northern Pacific . ....| ....! 83 ,831/,
N. Y., O and W..| .../ ... 184
Nev. Con. (‘o&)per.'\ 18!-{ 1534, 18&;; 181
N Y. :Alrbrake. .} .... ....122;,!21/
Ohlo Cities Gas .| 36%/ 36%: 36% | 363
se R AR -TRMR WG Sy
Pennsylvania . . .| 46 | 46 | 46 146
People’s Gas . . .| ....| ....| 48 }45
P. Steer Car . . .| ... ....| 60%] 61
do. Pref. . . o il s ....|66
Pittsburg Coal . 1| 1111} IIII| 11 46y
Pullman Pal. Car.! ....} ....] ....]lll%
Pullman Car . . ./112 (112 1112 {ll2
Ray Consolidated.| 231! ?.13 2315| 233
Reading . . . . . .| 788/ 72%| 78%/| 73%
R. 1. and Steel . .' 75%| 78 | T 5% ! T 4
do. Fref. vowoaltamel “ 93-,
Rock Island . . .| 20% 201 20%) 197%
Ry. Steel Springs. 51 50% 'sl |SO
Sears-Roebuck . .! ....! ....jmo,‘xso
Sloss-Shefffeld . . 3934/ 30| 8915 ...,
Southern Pacific . 823’ 831! ":’2‘ 82
Southern Railway.! 2314| 23 | 23%/ 23%
do. pref. . .= 58 |SB |6B | ....
Studebafier e 50% | 501‘\' 503
B DPEE. . . aael cdiiß s 91*
Bt. L and 8. W. | ...| oo o) 160
Sinclair Ofl ....| 38 32% | 323' 33
BOA L b AT R
B el . . o] e ....‘ls ;16.,
Superior Steel . .| ....| ....} ....| 83
Tob. Products . . 543 54 | 54"2: 54
Tenn. Eopper « o 15%1 16%! 15 y%?
RN AVBRES < .| .ici] e} owess .
Texas 01l . . . .1150 149 [l6O [143%
Texas Pacific . .' ....[.... 17 17
Tintten - ~ | onto OLo
Union Pacific. . .'114%113%/114% 113%
PRttt @ |ty
U. 8. Rubber . . . } L
U, 8 Btell .. . . 015! 902 9l 907
" do. pref. . | THO 110 110 108%
U. Cigar Stores . 95 | 94%) 941_4} 094
Utah Copper . . .| 82 | 81%/( 82 | 8114
Va.-C.- Chemical .| 40%] 40%] 40%) wt,l
CWRBREN . oL o] Sl AN
| do. pref. “A”.|....1....0 4 | 4
| GPR.Y i v ‘el 214
Western Maryland ....! ....| ....! 13%
Western Unjon . .[ ....[ ....| 90 | 891
““m_vs-()\';rland - 17%] 17 111"‘.'1116‘
Woolworth . ..o . ....0 ... 1110 |
Westinghouse . .| #O4 40 | 40 | 40%
' Atlanta Bank
9 o
. Clearings for
!
' Week $51,013,846
5 ESPITE unfavorable weather
§ D and in view of the fact that
§ Monday virtually was a
{ holiday, owing to Administrator
Garfield's fuel order, Atlanta en
joyed splendid business last week.
| Here's the proof:
E Clerings through the local
{ days aggregated $51,013,846.79,
! national banks for the last six
{ as compared with $24,353,-
§ 282.35 the same week a year
ago—a gain of more than
é twenty-six million dolla(l.
‘g The week's total was remarka
bly large, considering the fact that
there were two days that clearings
failed to reach s7,ooo,ooo—Tues
day and Saturday.
The Iron Age today says:
“With so large a part of their
product, particularly in heavy lines, go
ing to the Government or its allles, or
to plants having Government contracts,
the iron and steel industries felt less
than others the closing down order of
the fuel administration.
“It is estimated that the five days
ending Tuesday brought a curtailment
of 10 to 15 per cent from the already re
stricted rate of recent weeks. Probably
|7O per cent of the flast furnace, open
‘henrth steel and coke oven capacity was
kept in operation, but all Bessemer
plants were down, the Government buy
ing converter product, and only such
rolling mills were run as had been en-
Fa.ged in producing for ships and shells,
ncluding plate mills and some struc
(tural and boller tube mills.
l e
Soldiers Pay No Dues
NEw YORK, Jan, 26.—New York
Stock Exchang? members who are alone
in business .nd at present in active
naval or military serviza are relieved
from paying the usual membershin dues.
The governing committee of the Ex
change passad a resolution remitting
dues pald November last by such mem
bers. The resolution does nst affect
assessments pald by such™ mmembers.
Dues are $59 every six months.
Commercial 'Change
~ Stockholders Meet
) The second annual meeting of
‘stockholders of the Atlanta Commer
cial Exchange will be held Tuesday,
January 29. This announcement was
‘made Satucday by Secretary J. Hope
Tigner.
Luncheon will be served in the ex
chiige room following the meeting.
LIVE STOCK MARKET.
CHICAGO, Jan. 26.-—Hogs—Receipts
30,000; market slow; 15c lower; mixed
[flnd butchers, 15.30@15.85; good and
\heavy, 15.30@15.90; rough and heavy,
15.30%15.40; light, 15.10@15.70; ' pigs,
‘l2‘oo 214.256; bulk, 15.50@15.75.
Cattle—Receipts, 5,000; market weak;
beeves, 8.30@13.70; cows and heifers,
C.10@11.65; stockers and fe€ters, 7.25@
10.40; calves, 9.00@15.50.
Sheep—Receipts 4,000; market weak;
native and Western, 9.75@13.40; lambs,
14.50@17.75.
ST. LOUIS, Jan. 26.—Cattle—Receipts
1,300, including no Southerns; market
steady; native beef, 8.00@13.50; vear
ling steers and heifers, 7.00@13.50; cows,
6.00@11.50; stockers and feeders, 6.00@
10.50; calves, 6.00@15.75; Texas steers,
9.00@12.76; prime Southern steers, 6,00
{%‘.&00: beef cows and helifers, 7.50@
Hogs—Receipts, 8,500; market, 30@45c
lower; mixed, 15.50@16.00; good, 15.80@
16.00; rough, 15.25@15.50; lights, 15.50@
11§2§ pigs, 13.00@14.75; bulk, 15.705
2.3,
Sheep—Receipts 150; market steady;
ewes, 11.50@12.00; choppers and can
ners, 8.00@9.00: lambs, 14.00@17.53;
wethers, 11.50@13.25,
NEW YORK PRODUCE MARKET.
NEW YORK, Jan. 26.—Petroleum
steady: crude Pennsylvania, 3.75.
Turpentine quiet, 49% @560.
Rosin steady; common, 7.20@7.25.
Wool firm; domestic fleece, XX: Ohio,
70@76; pulled, scoured basis, 3.10@1.80;
Texas, scoured basis, 1.00@1.75.
Hides gulet; native steers, 34; branded
steers, 263.
Coffee irregular; options opened 7
points lower to 2 points higher; Rio, No.
7 spot, 9.
Rice dull; domestic, 6% @9%.
Molasses quiet; New Orleans, open
kettle, ?@7l: black strap, 28@832.
Raw dugar supply improved; cen
trifugals. 6.06.
Refined sugar n;xé)ply prospects bright
er; fine granulated, 7.45; cut loaf, 8.45;
crushed, 8.70; mold A, 7.95; cubes, 8.20;
powdered, 7.60; diamond A, 7.45; con
fectioners’ A, 7.35; softs, No. 1, 7.30.
(No. 2 is five points below No. 1, and
Nos. 3 to 14 are each five points lower
than the preceding grade.)
Potatoes steady; nearby white, 2.77@
6.00; Bermudas. 5.00@8.00; Southern
sweets, 1.00@2.25 per basket. :
Beans barely stéady; marrow, choice,
15.25@15.60: pea. choice. 13.75; red kid
ney, choice, 14.00@14.25.
Dried fruits quiet; apricots, choice to
fancy, 17‘,’4@21}&: apples, evaporated,
prime to fancy, 15%@16%; prunes, 30s
to 60s, 11%?14; 60s to 100 s. 83 @11%;
peaches, choice to fancy, 12»3@14; seed
ed raisins, choice to fancy, B@l2. |
NEW YORK CURB MARKET.
The curb market opened qteady and
closed strong.
STOCKS— Opening. Closing.
Chevrolet .....108 %m 111 pll2
United Motors 22% @ 22% 24 ) 2414
Brit.-Am. Tob. 17 ‘G 1712 17T @ 173
C?nuda Copper. 1% 2 1% 2
AIGERS .ip..i. N 30 30 30
Oklahoma. ...... 7 T 1 %
Hecla Mines... 3% 31 3% 31
Jumbo Exten., 17 ) 19 17 @ 19
Lake Boat ..... 2% @ 3% 2% 3%
Manhat. Traz.. 3% 1o 3 14
Marconi .... 3% 3 3 Sy
ngiuinz sk S 83 81g 835
Submarine Boat 12 12% 12 123,
World Film ... %4 5g 1% 88
St. Oil, N. Y.. 269 271 269 281
St. Ofl, N. J... 585 560 555 @560
St. oil, Ca1...230 @235 230 @235
Bt. Ofl, 1nd...635 @645 630 645
Prairie ....... 440 @445 440 445
Ohio Oil ..... 330 335 330 335
xlnd. Pipe ... 96 99 96 99
' Houston Oil .. 5¢ 503, 50%@ 51
Cosden Ofl .... 6% i 7 T 4
Anglo-Am. Oil 13% @ 1315 123@ 1313
Union Tank .. 83 86 83 86
Savoy Oil ..... T%@ 8% 72 81p
Victoria Ol ... 3% 3% 3 37
Inter. Pete.... 12%@ 13 13 @ 13%
White Motoes ..} .ooadi.coi)b vl
Wilson Pack Co..} 0...t..00] 61l 51
Total s=ales. of stocks Saturday were
240,500 shares; bonds, $2.436,000.
Total sales of stocks for the week
were 2,112,000 shares; bonds, $22,024,000.
y Ay
Commission Houses Largest Buy
ers—Armour Sells—Corn Is
Steady—~Provisions Up.
CHICAGO, Jan. 26.—A1l deliveries of
oats were again at high levels at the
opening of the market today. March
oats sold at 82% and May at T 785%.
Trade was light, however, with com
mission houses on the buf‘lng side. Ar
mour & Co. were conspicuous sellers.
Strength in oats was the dominating
factor in a small advance in the corn
market. Trade was light and almost
entirely local.
Provisions were slightly easier at the
start, due to good receipts and lower
prices at the yards. There was little
trading, however, and the market was
easlly influenced.
Grain quotations:
Previous
High. Low. Close. Close.
CORN—
March... 1.26% 1,26% 1.2634 1.265 g
May.... 125% - 125 126% 1.25%
OATS—
Jan...... 84 831% 833, 831
March... 83% 823% 8314 82
May..... 80% 79 9% 9%
PORK—
wo DR 47.25 47.12%
May.... 46.20 45.87% 46.15 45.8215
LARD—
Jan,... 24.78 24.65 24.76 24.67%
May.... 25.05 24.82% 25.0215 24.82%
RIBS -
Jan....” 23.80 23.15 23.80 23.65
May.... 24.45 24.22% 24,427 2425
THOMSON-McKINNON ON GRAIN.
CHICAGO, _Jan. 26.—Corn—Decided
lack of interest continues to be a fea
ture in the market. Values were only
slightly affected by strength in oats,
together with highly unfavorable move
ment. Bastern congestion was reported
clearing up, one Western road claim
ing to have received more empty cars
in 24 hours than for the entire week.
Those who have been in the West say
that sidetracks are well filled with load
ed cars awaiting movement.
Oats—Heavy snows and severe tem
peratures in extreme West and headed
this way gave oats market a new im
petus. Transactions seemed largely in
the way of-an adjustment of former po
sitions. Eastern houses were buyers
from time to time, but nothing has been
said of new export business. In fact,
no bids were in the cash market and
no requests for offers. The country is
not disposed to press its holdings for
sale, bids at 80 cents meeting very poor
response, although it had been thought
that this price at country stations
would meet good acceptance. The tem
per of the market is such that “contin
uation of the present rough weather
wouldeprobably bring high prices, but
it seems to us that as the export de
mand s not following these extreme
prices the advance has gone far
enough for the time being.
| JACKSONVILLE LIVE STOCK.
__JACKSONVILLE, FLA., Jan. 26—
Hogs—Receipts medium; prospects
steady: heavy choice, 14.20@14.50;
heavy rough, 13.85@14.15; mixed, 13.75
| @14.00; lights, 13.00@13.25; heavy pigs,
112.76@13.00; light pigs, 9.00@9.50.
’ Fed (attle—Receipts light; prospects
higher: steers, 7.00@11.00; light steers,
}5.;;5@1.10; bulls, 5.60@7.00; heretics, 5.00
@5.50; cows, b5.60@7.00; canners, 4.73
up.
CHICAGO CASH QUOTATIONS.
CHICAGO, Jan. 26.—Corn—No. 5§
mixed, 1.43; No, 4 yellow, 1.70; No. 6
‘mixed, 135@1.38; No. 5 vellow, 1.45; No.
6 white, 1.44; No. 6 yellow, 1.36@1.40.
Oats—No. 2 white, 83% @87%; No. 3
white, 85% @B6; No. 4 white 8514; stand
ard, 86@86%.
| CHICAGO CAR LOTS. |
CHICAGO, Jan. 26.—Following are re
ceipts for Saturday: g
NRERE e L W R el 3
R i e S ks el s B
IR iy soe o diE ahE Al i ey N 0
HOBE L s a 0
COTTON SEED OIL.
Cotton seed oil quotations:
. Opening. | Closing.
BPob. 0 L. et at ena e s [NOWRD
January ... ... ..!20.30@21.00/20.5¢
February ... ...(20.30 20.50
March ... ... .../20.45@20.56/|20.50
April ... ... .. ..'20.40@20.50!20.50
NGAY i ovis am 13080 120.50
Closed steady; sales, 500 barrels.
e e R
‘ NEW YORK COFFEE MARKET.,
Coffee quotations:
| Opening. | Closing.
SABUALY <vs covlsosinsssneai) S.OOOOB. 05
PODIURTY ... ..J.i...-59ie. i 8.60@8.EH
March .. ... ..| 8.78 ( 8.8488.85
AR (v vis aalhaeiiiaisys B 8 GUTER. 0T
Wy e 8.90%8.92 | 9.07@9.09
June ..y ... ..l 9.60@9.05 | 9.19@9.20
P T R T | 9.30@9.31
August ... ..ilieeiaiial.et] 9.39@“.40
September .. ../ 9.28@9.39 9.49@9.50
Oatole? ... ol JSnit G 4 D ECaD T
November .. «.]....7%....:] 9.62@9.638
December .. '..[9.50 [9.68@9.69
FROZEN FISH IN STORAGE.
The monthly report of the Bureau of
Markets, Department of Agriculture,
ehows holdings of fish on~January 13,
1918, as follows:
The 177 storages that reported show
ed total stocks of 58.542,4& pounds of
frozen fish, cured herring and mild
cured salmon The 44 storages that re
ported for January b 6 of this year and
last show piesént holdings of 4,004,968
pounds, as compared with 39,076,618{
pounds last year, an increase of 1,937,450 |
pounds, or 5 per cent. The 175 storages'
that reported for both December 15,
1917, and January 15, 1918, showed a
decrease of 23,051,016 pounds, or 29.3
per cent, while the 138 storages report
ing their holdings for both December
5, 1916, and January 15, last year, show
ed a decrease of 10,658,506 pounds, or
22.4 per cent.
NEW YORK BANK STATEMENT.
NEW YOQRK, Jan. 26.—The weekly
statement Of the New York Associated
Banks shows the following changes: -
Average Statement.
Loans, in¢réase, $3,971,000.
oog)emsnd deposits, decrease, $89,91z,-
Time deposits, increase, $3,265,000.
Rese}ve, increase, $13,664,740.
Actual Statement.
Loans, increase, $78,063,000.
Demand deposits, decrease, $500,000.
Time deposits, increase, $5,573,000.
Reserve, Increase, $29,005,520,
Cotton Seed Meal--Fertilizer Materials--Cotton Seed Hulls
Prompt, EXPERT attention to all INQUIRIES and ORDERS.
Any DELIVERIES obtainable and PERMISSIBLE.
Shipmeuts ANYWHERE in any CARLOT quantities.
AL
TS
SN ¢S
%&\ R
AN
TAYLOR GOMMISSION 0.
Healey Bldg., Atlanta, Ga.
U. S. Food Ad ministration
License No. G-22701.
Codes: Y;pp’s & Rebinson's
)
No Storage Stock on Market.
McMillan Predicts One Dol
' lar Per Dozen. id
i el
- Fresh country eggs jumped 3 cents
a dozen Saturday to the highest price
ever known—7o to 75 cents a dozen.
No cold storage eggs were reported
on the market. /
Receints of fresh eggs were ex
tremely small and readily sold to ho
tels, restaurants, clubs and mer=-
chants,
“It looks like eggs—fresh country—
will go to a dollar a dozen,” com
mented W. V. McMillan, of the Mc
"Millan Produce Company. With an
other bad spell of weather predicted
and no improvement in the railroad
congestion, I see little chance of re
celpts increasing. I was unable teo
locate a single case of cold storage
eggs Saturday.”
Business on the row was dull, with
Jarrivals late.
McCultough has a car of Florida
oranges roMyg—due to arrive Mon
aay. 3
Fidelity has several cars of Cana
dian turnips several weeks overdue.
C. J. Baisden received two cars of
Georgia sweet potatoes, making seven
cars this firm received this week-—
probably the largest number of cars
handled by any one firm on record in
Atlanta during a weeks’ time.
Rail Earnings Grow
Despite Storm Delays
Gross earnings of the United States
railroads making weekly statements still
reflect the adverse traffic conditions
arising from inclement weather in many
sections. The total of all roads that
have so far reported for the first week
in January amount to $5,335,823, an in
crease as compared with the cor
responding week a year ago of only 1.1
per cent.
This is the most indifferent: com
parison made by these roads for many
weeks, but aside from the difficulties
with which many systems have had to
contend with in the way of snows and
storms, allowance should be made for
the fact that earnings at this time last
yvear were far the largest ever recorded
for this period up to that time.
Quite a number of lines report fall
ing off, as compared with last year,
but these losses are more than made up
by the substantial gains that continue
to appear on Texas and Pacific, Mis
souri, Kansas and Texas, Southern and
a few other roads.
In the following table are given the
gross earnings of all United States rail
roads reporting to date for the first
week in January, and the gain as com
pared with the earnings of the same
roads for the (‘orrespondini‘ period a
yvear ago:; also for the roads that report
ed for the same week in the two im
mediately preceding months, togéther
with the percentage of gain over last
year:
1918. Pct.
Jan., 1 week .....$5,355,822 Gain.... 1.1
Dec., 1 week ..... 8,831,227 Gain.... 8.9
Nov. 1 week ..... 7,472,085 Gain.... 3.1
|Sugar Crop Estimate
Set at 5,915,000 Tons
The following figures give the sugar
crop in the Western hemisphere:
1917-18.
Tons.
U. SB.—Louisiana, Oct.-Jan..... 275,000
Texas, Oct.-Jgn....&. . isvsa 2,000
Porto Rico, Jan.-June..,..... 475,000
Hawaiian Islands, Nov.-July. 525,000
W. Indies-St. Croix, Jan.-June 15,000
San Domingo, Jan.-Jume........ 145,000
Cuba, Dec.-June .....p..5.....3,200,000
B. West Indies—Trinidad, Jan.-
QNS (i e vanhishn ity s o TRO
Barbadoes, expts., Jan.-June. 55,000
Jamaica, expts., Jan.-June.... 30,000
Other B. W. Indies, Jan.-June 35,000
French West Indies— =
Martinique, expts., Jan.-July. 40,000
Guadelope, Jan.-Ju1y......... 40,000
Mexico, Dec.-June.............. 35,000
Central America, Jan.-June.... 25000
South America—
Demerara, expts., Oct.-Dec.
and May-June ............. 120,000
Surinam, Oct.-Jan.....ceeeeees 15,000
Venezuela, Oct.-DecC.....cceees 15,000
Beuador, OLBSIeD, .. isicoa 8,000
Pory, Oct.-Feb. .. .oveeeviss 365,000
Argentine, June-Nov. ........ 150,000
Brazil, Oct.-Feb. ...ceeceveqey 375,000
B TOtRL 4 ooinssiirrsinirarensni it ULIRONO
In Cattle for Killing
Increased meat production in re
sponse to the nation's need is indicated
in the monthly report on live stock at
ksm(‘k yards issued by the Bureau of
Markets, Department of Agriculture.
Shipments of iive stock &nown as
‘‘stockers and feeders” from ¢ xk yards
’back to farms showed increases over
the number handled in 1916, Shipments
kof feeder hogs were four times greater
than during 1916 and the month of De
cember showed shipments seven times
larger than for the same month in
1916, Feeder cattle shipments increased
862,140 over shipments in 1916,
~ _Shipments of feeder sheep Increased
about 1,000,000 head, most of the in
crease being in Western yards, although
1 Buffalo showed a slight increase. These
‘lncreases. it is pointed out, may fore
cast an increase in the number of ani
'mals to be prepared for market on farms
idurlng the present year.
|
Stutz Motor Co.
1 Earns 14.33 P. C.
Stutz Motor Company earnings in 1917
were equal to $14.33 a share, the net
profits. being $1,074,778, againts $381,016
in the last seven months of 1916. No
deduction has been made for war taxes.
The company gmduced 2,207 cars In
1817, against 1,585 in 1916, and 1,079 in
1915. The entire output for 1918 has
keen sold.
49!\"0;\
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$4 4 fs-
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<75 pn\g
Eefs: The Mercantile Agencien.