Newspaper Page Text
. Cotion Easier on Good Weather and Lower Cables; Government Reporté Increased 801 l Weevil A ctivity East of Missig"ibpi River
e
WWWW‘MVM
§DEFICIENT RAINFALL IN-WEST %\
MWMWM
3 By VICTOR BARRON. |
Atlanta bank clearings Wednesday. . . .....$7,920,861.74
Same day last year .................... 4,610,586.24
BN ..l i iVi AR NIDTA D
*%2 i |
Atlanta spot cotton Wednesday .*............,.29.50c
Boy Inst PORF oo di i Gi vt e 24908
#% @ -
Atlanta cotton statement Wednesday :
1918 1917
Receipts.,-..............‘........... 536 271
BERROOAS iy sciii ihbotis o iiit D 0 1,854
IS .o vaiiiiie i Baeeiis i s 90NNY 50,109
B b i iel a VOB
% % %
New York cotton futures closed steady.
¥ % %
Report that the National Ginners’ Association’s semimonthly
report places the condition of the cotton erop at 85.5 per cent,
against 82.3 on May 25—Government figures—together with
easier Liverpool cables and excellent weather resulted in the cot
ton market opening sharply lower Wednesday—l 7 to 35 points.
Later there was brisk buying by shorts in nexpectation of an un
favorable weekly weather report, causing an almost complete re
covery of the decline. 5
The report, however, made bearish reading except for the
mention of increased boll weevil activity in Georgia, Alabama,
Mississippi and Florida and light rainfall in Texas.- This invited
fresh selling and diminished support, with the result that values
in New York dropped 32 to 89 points before midday. New crop
options were under heaviest pressure,
During the extreme forenoon'
July rallied from 25.55 to 25.75,
while October moved up from
23.65 to 23.75 and December
from 23.30 to 23.35.
Builish technical conditions and
firmness of spots held the market
steady during the afternoon, with Oc
tober in pest demand. Shorts were
the leading buyers. The close was
steady, at a net decline of 19 to 52
points.
The Atlanta Commercial Exchange
lowered spots 20 points to 29.50 cents
a pound in sympathy with easiness
in futures, while the warehouse
quoted the staple 25 points lower at
29 3-4 cents.
5 P " i
' WEEKLY WEATHER REPORT.
- Following is the Government’s
weather and crop report, covering pe
riod from Wednesday, Jung 5, to
Tuesday, June 11:
The weekly mean temperatures
were generally slightly above
normal. They ranged from 74 o
78 degrees in the northern half
and from 78 to 82 in the southern
half of the cotton region.
Precipitation occurred practi
eally throughout the cotton re
gion. The weekly amounts ex
ceeded one inch over much of the
. northwestern portion of the cot
ton region, considerable areas
along the Mississippi River and
. the greater portions of the south
eastern and Atlantic coast 4is
tricts. Rather large areas in‘
Oklahoma, extreme Nonrthern
Texas and Northern Florida and
———————————————
FOR RENT—ROOMS.
AAN AP PPN AP PNIAROP PP
FURNISHED.
e A A A A A A AN AP AN AN |
205 PEACH
HOTEL ADAIR 555457,
S3O month, $1 to $1.25 day each, two in
room; $1 to $1.75, one in room, Reason.
?ble weekly rates.Mggt En%mflg wgfer
n every room. MRS, E. R. E
THE ORIENTAL.
NICE rooms, bath, electricty; conveni
ences. Spring and Carnegle way. Ivy
\HGG-L. |
MARTINIQUE HOTEL,
Ellis and Ivy streets. |
Rooms with bath. $1 per day. |
COUPLE of furnished rooms in desirable
apt. for gentlemen only; hot water and
all conv. in heart of city. ~Apply Hall
Apt. No. 3, Ivy 6488-J. ‘
COOL, well lighted; North Side; between
two car lines; walking distance; gen
tlemen or business ladies; reasonable.
B
GENTLEMEN or husiness couple, beau
tifully furnished cool room. 43 West
Peachtree St. 5 |
DESTRABLE furnished front room, $2
per week; walking distance. 386 Cen.
tral avenue.
WANTED—Three refined young busi
ness women to share my apartment.
Ivy 849-7.
UNFURNISHED room; ewery conven
femce. Ivy 5037.
3% FORRPST AVENUE—Nice, large
_e%lffrgrfiflomr_v?}h_ba&b;.!!z_sw-
N‘ Y furnished room in modern apt.
vy 2369 Sunday or after 6 p. m. - g
FURNISHED rooms conveniences. 61
E. Cain, Apt. 6, Ivy 5638.
FURNISHED HOUSEKEEPING,
RS SN PIRI S I
LARGE furnished room for light house
keeping; electric lights; close in. 6
Baltimare place.
TWO front rooms, furnished for house
_keeping; §3.50 week. 266 Whitehall St.
UNFURNISHED HOUSEKEEPING,
HAYDEN STREET--Five niece rooms,
_porch, shades, gas stove. Ivy 5489,
FURNISHED OR UNFURNISHED.
NORTH SEe private home; large front
room, second floor. Ivy 3068-J.
i oot
FOR RENT—APARTMENTS.
AR A AR AAN AN AAA AN A A A A
— UNFURNISHED,
: APARTMENTS FOR RENT.
FIVE-ROOM apartmentsin the Poncenna_apartment, 103-5 Ponee
Delieon avenue. Beeond 08, ;.. burv: iiivvnili 488.00
FIVE ROOMS in the Oxford apartment, on North Jackson street,
Bosr Ponee Deleon for ... . yceeernoionrsvisiosas. . $80.50
THREE AND FOUR-ROOM apartments in the Bartow apartment,
85 Luckie street, for ............$35.00 to $40.00 per month
FOUR ROOMS, furnished, 793 Piedmont avenue, in the Macy
IR BDATEIMABRE Ll et i BDO.OO
TURMAN & CALHOUN
i : 203-8 EMPIRE BUILDING. = 4
THE GEORGIAN'S MARKETS AND FINANCIAL NEWS
small scattered areas in the cen
tral and eastern districts received
over two inches. Precipitation
was light in Central and extreme
Southern Texas, Western Louisi
ana and. Eastern South Cayrolina.
The greatest weekly amount was
5.80 at Pauls Valley, Okla.
Seasonal temperatures and
well-distributed showers made
excellent growing * weather
throughout the cotton belt and
cotton made rapid- advancement.
It is mostly well cultivated and
+ generally free from grass, except
in restricted areas, where labor
is scarce. The crop is somewhat
late in Texas, but the stand is
good. Plants are fruiting well in
the southern portions of the belt
and forming squares well in the
north. 801 l weevils are becoming
numerous In the southern por
tions of Georgia, Alabama and
Mississiopi.
= s
TEXAS SHORT OF RAIN.
According to Government official
records, Texas rainfall for the month
of May was 2.38 inches, which is 1.26
inches below normal. Wednesday's
weekly weather report said precipi
tation was light in” the central and
extreme southern part of Texas.
Commenting on this season’s crop
prospects and lmrortance of subsoil
moisture, especially in Texas, The
New York Commescial says: 2
Improverent in the cotton crop
is overshadowed by technical
market conditions so that traders
are likely to overlook the contin
uous progress of the plant virtu
ally all over the belt. Condition
of 82.3 as' of May 25 was 3.3 points
above the ten-year average, and
the prospects are that the condi
tion as of June 25, which will
be shown in the July report, will
be lighter than that reported ear
ly this month. Looking back over
records of the past, one sees that
cotton condition almost invaria-.
bly advances during June, which
is the best growing month of the
year for almost all crops. In the
last five years the July condition
report invariably has been higher
than the June regort, while ifi the
last ten years only twice has the
July report been lower than that
of June.
Comparisons are being made
with 1911 because of the brilliant
crop history of that year. Right
here comes in the question of
subsoil moisture. The Southwest
is still deficient in precipitation,
although reecent rainfall has been
entirely satisfactory. Last year
Texas had fully 16.21 inches of
rain, eompared with a ten-year
average up to 1915 of 30:44 inches.
Now successful crops in the
Southwest are largely a matter
of subsoil moisture, and unless
the deficiency in Texas can be
overcome ‘by unusually abundant
rainfall the current crop year,
subsoil deficiency in Rot August
may prove the undoing of the
crop.
FOR RENT—APARTMENTS,
AAA A A I AAN
FURNISHED.
3-ROOM apt., bath and kitchen, mahog
any furnished, Babbage Apt. No. 18;
references. Lt. Chas. J. Moore, Phone
Camp Gordon 193, ?etween 7:30 and 4:30
p. m.; after 4:30, Camp Gordon 9278.
5-ROOM furnished apartment for sum
mer; excellent location. Ivy 6055.
UNFURNISHED.,
TB A A A A A =A A
one large room, kitch-
TO LEASE, enette, bath, wall bed,
stove, refrigerator, hot water. Refer
ences. Ivy 4189. e Rt o
FOUR-ROOM APT., Ansley Park, $42.50,
Owner, 1354 Main or H. B§B-L.
———-———-‘-————____—'
=5
FOR RENT—APARTMENTS.
O AN A ANt
b UNFURNISHED,
| &
\ \
\Strong Techntcal Condmons‘
Brace Market Late—Shorts
Leading Buyers
NEW YORK, Jun el2.—Lower Liv
erpool cables and excellent crop
weather in the South checked the de
mand at the opening eof the cotton
market today, and as a pesult of only
a moderate supply the early tone was
easy, with prices 17 to 3% points net
lower, ’
After the call commission houses
with buying orders came into the
market and October rallied 7 points,
while January rose 8 points,
Later tho list reacted 20 to 89
points net, but another active buylng‘
movement deveéloped, with the result
that active positions rallied 10 to 18
points from the low levels. Most ot‘
the demand was credited to shorts, |
based on expectations of an unfavor
able weekly weather report. ‘
The weekly weather report was fa
vorable in most parts, causing re
newed selling and let-up in buying
orders. Values receded 32 to 39
points before midday. From the low
levels the market rallled about 10
points.
New York 11 a. mi. bids to Liver
pool were: July, 25.60; Octobgr, 23.70;
January 23.17. X
New Orleans 10 a..m. bids to Liv
erpool were: July, 26.43; October,
22.88; January, 22.24,
_l};ports today were 20,466—coastwise
,404.
Oversold condition of the market,
together with strong spots, sustained
the market during the afternoon. The
list recoiled 1 to 20 points from the
low levels, with October in the lead.
At the close the market was steady,
with prices at a net decline of 19 to
52 points from the previous close. |
Spot cotton was officially quoted at
60 points 10wer—29.60. §
NEW YORK COTTON FUTURES.
Tonen THigh.| Low. 11, Salel Cloae IPry.Oloss. |
Je S rata et Lt oIR O 25.83
Jy ‘25.75’25.80125.55'25.61‘25.61-65 25.93-95
Ag \ eereleeea|24.Bo " 24.98
B o *2424 24,57
Oc| 23.50!23.95123.65}23,85{23. 4-85{23.97-24
W ] de e B 23.76
De 23,42'23.6%23.29123.45 28.45-47/23.64-70
Jn 23.25(23.34 23.15/23.30(23,32-34{23.60
Fb IL A B T IARE
Mr [23.20/23.20]23.15/23.15/23.22|
Closed steady. ‘
NEW ORLEANS COTTON FUTURES.
" Open.|High.| Low. [L.Salel Close. |Prv.Closs
ol AT T SRR R [27.39-40‘
Jy 26.42%26,70‘26.35‘26.62126.60-62 268.40 1
o Il ....i....|25.x5-50]25.39-49‘
Oc 23.10123.10‘22.81123.03122.00-04 23.08-13
De {22.65|22.66 22.37]22.57’22.56—58’22.«7-71
Jn ‘23}5{23.35!23.34!22.34 22.34-38 22.56-61‘
Mr [22.50/22.50|22.40]22.50/22.24-29]22.49-51
“Closed steady. . ]
LIVERPOOL COTTON.
LIVERPOOL, June 12.—Cotton fu-}
tures opened quiet.
Spot cotton was auiet today. Prices
unchanged, sales 2,000 bales, |
American middling fair; 23.35: good
middling, 22.56; widdling, 21.93; low
middling, 21.41; good ordinary, 20.41; or-‘
dinary, 19.89,
t Futures opened steady. |
New Contracts.
Prev. 1
} . Open. Close. Close.
QRO .. dairee ine we %i 20.-08 2500 2240
July /.. i vt o BLEO SIAB 8168
August -.. S Le s aO, 10 TREGTE. 120,80
September .. .. .. ..19.98 19.61718.79
IRODOT oo oo . o 0 i 0028 1011980
‘ Old Contracts. ‘
}une b o we g wse KBRS 35080
June-July .. ..70. . 120,80 20.60 20.80
SPOT COTTON. :
The Atlanta Commercial Exchange
quotes basis good middling 29.50, sales
100 bales.
The Atlanta Warehouse Company
quotes good middling nominal, 29 3-4.
New Orleans steady; middling, 30
1-2¢; sales, 291 bales.
New York quiet; middling 29.60.
Liverpool, middling, 22.56 d, /
Augusta, steady; middling, 31c.
Philadelphia, quiet; middling, 380 c.
Savannah, steady; middling, 29 3-4.
Boston, steady; middling, 30.20.
Little Rock, steady; middling, 29c.
Houston, steady; middling, 30 1-4 c.
Montgomery, middling, 29 1-2 c.
« Dallas, nominal; middling, 28.85.
Mobile nominal; middling, 29c.
| Memphis, steady; middling, 30c.
St. Louis, middling, 30c.
Galveston, steady; middling, 30 1-2.
Norfolk, steady; middling, 28 1-2 c.
[ Charleston, middling, 30c.
| Wilmington, middling, 28 1-2 c.
‘ NO ACTION ON R. |. DIVIDEND.
~ NEW YORK, June 12.—At a meeting
of directors of the Rock Island Railroad
today action on semiannual dividends
on the preferred stocks was deferred
pending receipt of 90 per cent of its es
timated standard return, applieation for
which has been maed to the Govern
ment, .
e e —————————————
WANTED—APARTMENTS, .
AA A AAN AA A A AAP NS
UNFURNISHED,
AAAA A A AP ANt AN
WANTED—SmaII apartment or 8
_rooms; private bath. Box 1815, Geor
gian.
WANTED—HOUSES.
AAAAAAN A A A AP PPN
UNFURNISHED.
e e P W
LIST your vacancies with us. Smith,
Ewing & Rankin.
it ot bl e el ot
HOUSES AND APARTMENTS
FOR RENT.
AAAAA A A A A A AN AP
~ Call for our Weekly Rent List.
FORREST & GEORGE ADAIR,
HOUSES and apartments for rent.
Sharp. Boylston & Daw. ’
e e oy
BUSINESS PROPERTY FOR RENT.
A A AA A A AP Pt
TO LEASE for manufacturing purpos
es, brick mill, warehmac. I£-hom
Power boilers, engines. ,E. W. Mene
es, Ravmond. " Ga.
TR e
REAL ESTATE FOR SALE,
AR AN AA A AAA AN AAAN AN
6-ROOM BUNGALOW, lot 60x200, West
End Park, $3,750; SSOO cash, S3O month.
Walker W.' 1307-J. Beauty.
SOUtl'Hd l.StID]"III bungak‘)w. east front, elé.
vated lot; all conveniences; easy t R
Bargain. Ivy 5520-J. E iy
REAL estate for sale; list blished
weekly, M. L. Thrower, 39 Ng:‘th For
et
NEW bungalow; great bargain: leavi
eity. Gwner, Box 1, care Georglan.n‘
—_— T —————————
BUIL2ING MATERIALS,
A A e AP AA AP A A
%Y DOOR BED .0., of Atlanta.
809 Trust Cr. Ga. Bldg. L 8L
New York Stock Quotatlonsg
Market closed steady.
Total stock sales 401,300 shares.
Total bond sales $4,633,000.
I s 1 xLaat!Prlov '
STOCKS— High |Low. [SaleCl'se
Allis-Chalmers . .| 333%| 33%| 33% 3%:/;!
SRS | o i ek e {
e BIRY - . el b i 15%
00 BPL s o ol soie] Shan] savs (g
Am. Agricultural .| ....] ..oif feess] 8
do. pref. . . .| ... aoei] .| 039
Am, Beet Sugar .| 66 |66 |66 |65
40, pret. . v | cieod soiakesos :(4)l '
Am, Can , ~..| 45 .| 44%| 45 9‘2‘
am b Fay: 1] 4| aok 4K ssy,’
Am, Cotton Oil . .| 41 |4l |4l | 897
G 0 DEBE . i B el sl anenl TR
Am. Locomotive .| 63%| 63 633 | 623¢ ¢
0 B L ol il ik
Am.‘ Smslt}nl . .| 763 755 7614 1327
DR . as kil it aded ’
Am, Stf Fdrs. ..| 663 | 6563%| 663 65&2
Am.dSug. Rretlnel'y. 1095@ 109 [109% }%
B < Lt it e v
Am. ’!‘el.P and Tel.. 99}2 99 | 99 } 99 %
Am. Woolen .. .| §7 56%] BT | 66%
B 0 TR & o o iieil civel saanl IO
Am. Linseed . . .| 423%| 41 | 41% 4004 |
2007 WE: U el 7§%
Atl. G. and W. L.(1083 1077% 10834|107%
B IR i e el S
Am. H. and L, . .| 14%| 14% }_4% 14%
do. pref, . . .| T3W%| TIN{ T | U
Am. Malt Corp. ..| B%| 8% B%| 8%
do. grel. sl BTI sSt
Am. Tobacco . ..166 (166 (166 162,
Am.‘Sum. '{ob. ‘J 1!51?{1423,143‘3;}3;%
B BOE o .ol i) el cornd AR
Am. lcep. wowgr L 29 29 3122
A do.rfref. S 0 e RN AR
AW Writ. Pabper .| ... .l 40100
POONUUE T mgedl T B H’
Anaconda . . . .| 6i%/| 63/ 63% 6314
fitcgisoll:,. « « .« .| 8834| 847%)| 8515 g;
Baldwin Loco. . .| 88 87% 87%' 864
B. apnd O. . . . .| 54%| 64%| 847%| 64%
RO Pwt LR R G I 56l
Bopth Fisheries .| ....| ....] ....| 2%
| Bethlehem Stl. pfi[ ... ... [ 105
do. Rref. B’ 88 82 | 8215 811
Bkiyn. 'Rap. Tr, .| 42%| 41%| 42%| 411
Butte BSopper . 9. 3] . ] el PR
Butte Superior ~| 21%]| 21 Zl_liz 2118
Cal. Petrolenm . .| 20%| 18%/ 20 1885
A 0 DME: s s ok cae o] bl e s N
Can, Pac. . . . .[l4B [147%[147% (1464
C.and O. . . . .| 6% “:fil 6561%| 66%
. a‘llui N. t\’V oo] 92%] 9215( 9215 I§§ A
Ry A et S 0 Py
Colo. . 'and I. . .| 48 | 4814| 4815 181
€., M. and St. P..| 43%| 4314| 4314/ 43
do.cpref. v.pof dr sk B¥l Fave] SEM
Chino Copper . .| 38 37%| 38 8615
NS T e G et e |
Corn Products ~| 41%| 40%| 41 403
g 0 DRI o, ek e ....*?9%
Crucible Steel . .. 63 | 613 62%/ 6115
Cud.<Am. Bumay ol ...l sy L. 18D
Cub. Cane Sug, ..| 31 30%| 31 |3O
B 0 BERE i e kR
SEiaat Shale Biag 1 .ol o L 14:2
Central Leather ..| 65% 65%/( 651/ 64
[ o RER ST U S e
Chile Copper . . .| 1685 16%| 15%| 1514
Chandler Motor .| ....| ....] ....| 88
Columbia Gas . .| 32%| 32 32 | 32%
Cores B 0 PRdee ..| vl 00l o 8 3114
O OB - sl ] s oid i 2044
do. IPINL v bRI Senl Aol 88
ARG M o .. bl LA e
Distil. Securities .| 583 57% bß%| 58
Erle. . ... ~ .[l6%' 168 15%] 16%
do. st pref. . .| 32%| 328;| 325/ 3215
Redrostael <, ol 5 ea)e 38
AR, PREET s is b s i ek dE
Fod. "M, and- 8 Lo o s AOS 914
QOORRE: . o vl il e
General Electric .[144% /143 (1443 (142
General Motors. . 130%|126’4 129 1127
g 0 pret. A et i, DR
Goodrich Rubber | 453/ 438 453 | 44
S R L T 9934
G. Northern pref. .| 333 327%| 33 3216
G. Northern Ore .| 323:| 327/ 32 3215
Grt. Western . ..| 7Y% 7%’ .l
S BNE. Nl et car 23
Gulf States Steel .| 8414} 8414| 8414 84
Greene-Cananea ..L....} .. .5, 4034
Illinois Central. .[ 9614| ¥ 9614 96
Insp. Copper . . .| 505/ 49%%| 50 4914
Interthere .. . ’ dssslained 7%
do. pret. ©. " ‘ 014! 40ig| 1034 394,
Ind. Alcohol .". , . 122%]122 12214112114
Int. Nickel . . . l] 27% | 87| 27%( 27%
Int. Agr. Corp. .| 54 64 |s4| 54
Inter. Paper . . .| 87 36% | 363 351
B sAN e el Bl
K. C. Southern ..| 18 18 18 178
| W DAk s b R
. ’ .
\
¢ Financial Sunshine
With 17,000,000 subscriptions
to the Liberty Loan; iron
production recovered from 91,-
000 to 115,000 tons a day; John |
Ryan, of the Anaconda Copper .
Company, in charge of aircraft
production; Charles Schwab
directing shipbuilding; the en
tire output of the steel mills .
pledgeq to the Government;
President Wilson demanding
victory through sending to
France 5,000,000 men, ‘“or
more” if ships can be made
available, and enemy aliens
being rapidly corraled—we are
experiencing, for the first time,
the buoyant feeling that at last
America is 100 per cent in the
war.~—Alexander Hamilton In
stitute. :
LUnmmdimmmimmmrmimnirmmrkmiirroigind
CHICAGO CAR LOTS.
CHICAGO, June 12.—Following are
receipts for Wednesday:
WYRBRE v oo i e W 6
BMER by il e e ek g AR
KRS S woiwen ol sk viee b 74
JRORD pe oo 59 %y N o eniive siin 10000
e~ e ete——————
CEMETERY LOTS FOR SALE,
FOR SALE or trade, eighty-four Holly
wood Cemetery lots; well located; no
taxes. W. A, Osmer. Decatur 148,
FARM LANDS.
SIS A A A AL
FLORIDA.
PSR s T
Land Near Lakeland,
$15.00 PER ACRE.
WE have eighteen thousand acres o?
land within a few miles of Lakelana,
Fla., in Polk County, the center of the
citrus {rult growing section of the State.
These lands are good for winter vegeta.
bles, strawberries, cattle raising and
general farming. We can offer this
property in tracts of forty acres and
up at fll§ per acre on easy terms. This
propositiop is well worth Investiflftlon
and you should write immediately for
full information.
FLORIDA AND GEORGIA LAND CO.,
200 KENTUCKY AVENUE,
LAKELAND, FLORIDA.
GEORGIA.
FARMS TO LIVE ON.
Fertile, level, valley and river farms.
Tdeal &oil‘ climate and water, Best
farm homes'in Georgia. Lumpkin Realty
Company of Georgla, Rome, Ga.
FOR SALE—Fine South Georgia planta
tion; 1,200 acres; 500 in cultivation:
good land and improvements. Price S2O
per acre. Terms to suit. Floyd & Gib
son, Thomasville, Ga.
I specialize in farms. Thos. W. Jack
son, 1019 Fourth Nat. Bk. Bld(.’_
e
FARMS WANTED. ’
AA A AA A AAPAP A I
IMPROVED farms. What :fi“ you to
offer? Natl Realty Co.. bus. Ga.
iuatlPrev
STOCKS—~ lIHIgh Low.|Sale |Cl'se
Kennecott, . . . .].82 2
Lack. Steel . | © I'Bk| 86u| 84| 887
Lehigh Valley . .| 58%g( 5914 59%/ 58%
fiandfi.. A 4 ol skt aata (LR
axwell Motors, .| 26 |26| 26
a 0 Wt prel. ol Lo L el B
API L ] il il i
Mo. Pacific ~. .| 28%% gs g! s
do, {;ret. 5 eol 4 4 %
Mex. Petroleum ~| 95 93 94 4
““'&"“' i 1%% 10208 10313108
BB e,
Montandpsower. il skl sl sl
- dol. (I}l‘o3l. s i} i ll.’i‘
ami Copper . ,
Midvale Steel .. .| 48 |4B ;IQ 4 t
Nat. Elkhorn, . .| 27 | 268/ 27
Natlonal Conduit .f 17 |l6 |l7| 16
Natlonal Enamel .| ....["....| ....[ 80%
BOCDERE .l avak iL ae
North A'{lner‘lpan ot sa sl Geidl anial B 8
.X 0 ti-{al s el 18% 72:‘ .72% 71&
N. Y, N. H & H.| 42%| 41%| 41%/| 86
National Yead . [ ..\ v} cavs] BB
BB o b 98;2
N.and'W, . . .!108 103 (103 (102
0. BheE o b iRI s
Northern Paclac ’ 861 86 |B6 |B6
NY G 000 W, .| e 0%
Nev. 'Gon. Copper.| ... iii] 12N 80"
N AR bt e
Bhio ClUls Gas .| .vo:l Lived L BT 0
Pitts.-W. Va. Coal.| 355%/ 345/ 34% 33
do. f‘ref. v oBRRI 98 98
Pacific Mall . . .| ... {sl 28R
| g BERE G DL e
Pennsylvania . .| 437%]| 43% -.ts%x gaa
Plerce-Arrow . ..] 3915| 391%| 391%| 39
{ do. pg:f. oALS ER SeGl e
Peog)le’s B 8 . .i.] 4638 és%‘ 46%| ....
P. Btedl Car ./, .1 82 115] 62 60;/:
| RO BERE- v ol SRkl vt B
‘Pittsburg Coal . .| 53 62%| 62% |b2
| MO RRRE R Al eyt B
Pullman Pal."Qar .} .51 5.0 ... Jllß
Ray Consolidated.| 23%/ 23 23 2#&
Reading . . . . . .| 90%]| 881 89& 8
R. I and Sfxes‘l siel AB 84 84 833%
| BALTRRE. o el el B
Rock Island ... .| 23%]| 23 23 23%
| do. praf. A.. z 1 70% 0% .71
. do. pref. B. ..| 60%| 59 | 8014| 59%
'Ry. Steel Springs.| ....| ....| ....] b 3
AR 50 vt vl Bl
Begrs-Roebuck . .| ....| ....[ ..,.[IBB%
Sloss-Sheffield . .| 66%| 65%| 65| 66
‘ 00 L. o ekl aarik BB
Southern Pacific .| 83 | 8214 83 |B2
Southern Rallway.| 2414 28% |24| 24
! do, *pref. . . .| 61%| 6115 6132 R
Studebaker . . . l(&fiz 451%| 45
AORIRE ' s o it i creTE
S 0 L. aRR B, W & soodd el i 3 20
sinciair 00, .+ 1| sak| 38| saig| 38
nclair 3o
Bt &B 0 4 ) Vel e ....102%;
RW M T W e e
40, RERE .0 30l seill iskbaiail N
Buperior- Steel . | ...l sooif sessh 08%
Tob. Products . .| 656%%| 633¢| 643§ 625
| A 0 DERY v s il baval bvaat salet 80
Tenn, Copper . , .| 19%( 19%| 19%/| 19%
TRlrd ARBRUS o o] cVvsh Vel il saist TEN
Texas Ofl. . . . .{l6O (149 {l6O |l4B
POXAI PRBING v & i 1 sYki el bk Rl
United Fruit . . .|126 |126 |136 |122
Uniop Paglific v o . 1'.!122 120?1 1208 {1203
1. S. Realty .<. .| 8214] 89 92% 89&
3 BOBUReY L Ul ] s el e
a 0 BIRE o e ilnibsl teish st liEl
U, S.'Steel . . , .| 99%| 983 | 987 97%
do. pref. . . .|1109|110%!1105:(110
1. (:lg,ar‘stges\. . 97%( 96 | 9634( 96
GO PRE ¢ W ol sissl sive sl e s lEUS
Utah Copper . . .| 8114| 8014] 814) 79
Va.-Car. Ch. Co.| 49 | 48%| 49 | 48
do. pref. . . .]lO7 ]lO7 {lO7 log -
WRDANN T .o il el savs] erad 3%
} do. pref. “A’.| 41%| 4134 4144]| 41%4
% do; BEef. B, Gl
Western Maryland.| ....| ....} ....| 144
EVestars Uion .| ..ol il ciss 90"'2
Willys-Overland .| 20%| 19%/| 19%| 19
l Q 0 Bl L bs a Vi kv Rl
"Woolworth . « « of ceoel 00l o 81&
| dag. pees. . . Laan ) o 118
- Westinghouse . .| 42%/| 42% 42%’ 413
WWhite BEBtors . . of siiel s ovsbivass) SEOB
Wilson Pack. Co..| 581/41 58% 58%‘ 6714
QDR o % il il vial W 8
| BONDS.
U. 8. Lib. B%s . .9947099.62’99.70!99.62
‘ do, Ist 45 . .|94.80 94.80‘94.80;94.94
; do. 2d 45 . . .|94.60]94.56/94.56/94.80
| do, 4%s .=~ .|96.84|98.74|96.74|96.84
Anglo-French Bs .| 92%| 92%| 9214| 91%
June Soars Nearly 5 Cents to
I.43—Heavy Buying Cau,ses
Jump.
| b
.~ CHICAGO, June 12.—Corn trading
was easier at the opening of the/ mar-'
ket today on general selling, influ
‘enced by the excellent weather condi
§ tions afl,well as torecast for generally
fair and cooler. On the extreme break
‘there was fair support from com
mission houses, which broug)xt about
la rally.
On the oats side tonditions fol
’.lnwed the corn, except that July re
mained rather easier. Weather re
ports had the same efect here aslo.
" Provisions were slightly more ac
tive, with same advances.
.~ Hevy buying by commission houses
and shérts sent June corn to $1.43
during the late trade—a net gain of
4 5-8 cents. All other options ad
vanced sharply. The close was 2 3-4
to 4 5-8 cents net higher.
Oatg weer neglected but firm, clos
ing 1-8 to 5-8 cent up.
Provisions closed higher.
/CHICAGO GRAIN MARKET.
Grain quotations:
Previous
High. Low. Close. Close.
CORN-
June... 1.43 17391 143 1.383
July.:.., 1L4% 141 1.45 1.42 Y,
Aug.... 1.46% 1.42% 1.46%% 1.43%
V) e
June... 1% 5% 4 3
July. ... 713 697% 1% 0%
Aug.. i 66 6414 651% 65%
QK-
July.... 41.30 41.00 41.25 40.70
Seple... 41.0aYg 11.00 41,00 .o bl
LARD— 4
July.... 24.25 24.10 24.20 24.121%
Sept.,... 24.456 24.30 24.40 24,321,
RIBS—
Ju1y..... 22.32% 22.17% 22.32 v% 22.17%
Sept.... 22.77% 22.60 22.72% 22.8 p
e PRIMARY MOVEMENTS,
_Recelpts — | Wed. |Lastyr.
Wheat ................| 226,000 448,000
COPR s ißgserodsidissivi] UDLLDOOL TIN.OOO
Oats ......01000000000 0 540,000] 784,000
LT I R T |
Wheat ......A.........)%9&000[-7'0‘.’3_4.«%
COTN Neereennsnseoenss.| 360,000 448 000
Oats ..................| 815,000| 883,000
TOTAL GRAIN CLEARANCES.
SR TG R 1917,
WAL - o .i i e 496,000
COMN 5. i svio i ias TDOO 219,600
LR i vd. . v iasive s BNE 500,000
gl e SRR SR e T 5,000
‘Wheat and f10ur.......18,000 519,000
\
k
Easier* Money Market Also Re
flected in Strong Tone—Many
Issues Sharply Higher.
\ — .
NEW YORK, June 12—The cheer
ful news from France this mornin
and the easier tone which developeg
in the money market yesterday
caused a strong tone in the stack
market at the opening today, and
during the first fifteen minutes there
were several advances ranging from
around one to over two pogxt-.
Marine preferred was in persistent
demand, advancing one point to
108 1-2 and the steel industrials were
vigorously bought, steel common
making a gain of 5-8 to 98 5-8, and
galil\;ln Locomotive rose 6-8 to
The Tobaceo stocks were the
strongest features, American Suma
tra advancing 2 1-4 to 146 3-4 and
United’ C!Far Stores rose 2 1-4 to
97 1-2, obacco products followed
with a net ‘gain of 1 1-2 to 64.
The railroad stocks were also in
demand, with Reading advancing 7-8
to 88 3-4, and Union Pacific advanced
1-2 to 121 1-2. ol
. Mexican Petroleum made a gain of
3-4 to 95. Distillers’ Securities was
actively traded in, advanecing 1 point
to 68 1-8.
There was hrisk buying in many
stocks all through the early forenoon,
with many of the important issues
making additional gains over the ad
vances reported in the first fifteen
minutes.
The steel industrials were in good
demand, with Steel common, which
rose 1 point to 99, attracting most at
tention, and other steel industrials
moved ug to about the same extent.
The tobacco group was the strong
est on the floor, American Sumatra
and Unijted Cigar Stores being traded
in on a large scale and maintaining
a good part of the advance estab
lished in the early trading.
Business continued ‘%ctive all
thrcugh the afternoon, with irregular
price movements. Steel common rose
to 99 3-4, followed by a reaction to 99,
while Reading was exceptionally ac
tive and strong, moving up to 89 7-8,
a gain of 2 points for the day.
Marine preferred, after selling up to
104 5-8, dropped over 1 point anH the
common reagted to 28 3-4. American
Sumatra after selling up to 145 7-8 re
acted to 143 1-8, while Tobacca Prod
uctg continned inh demand, moving up
8 points to 65 1-2.
Reading was excentionally active
and strong, cloging at 90, a gain of
more than two points. Marine pre
ferred sold down to 103 1-4 closing at
103 1-2, and Steel common lost nearly
1 point, selling at 98 7-8. United
Cligar Stores from a high of 98 fell to
‘961-4, cloging an eighth above this,
and Tobacco Products wag finally
64 3-4.
‘ The market closed steady. Govern
'ment honds unchanged; railway and
other bonds steady.
| USUAL N. Y. C. DIVIDEND.
NEW YORK, June 12.—The New York
Central Railroad today declared the
usual quarterly dividend of 134 per cent.
’ et ek
COTTON PORT RECEIPTS,
The following table shows receipts at
the ports today compared with the same
day last year:
Ty TS e
New Orleans . . . 2,908 2,27
Galyeston. .« . . 304 , 4,317 1
MWOBES. . ¢ v ¢ o FTovoopasive 82
Savannah. . , . . 966 777
Charleston. . , . 50 160
Wilmington .. . . v, 82 1
NOTEOYC, .\ ¢ b . 235 1,210
Boston. . , & o ¢ ieveriiiiins 126
], ~ . . s AT TR
.\ INTERIOR MOVEMENT. __
018, | 1917,
BB EON, ;o s o 1,607 |° 795
Augusta. . 4. . . 170 376
Memphis. ... .. 2,05} 1,923
BT ouim, . st 64 2,487
‘Cineinnatl, , « o 1,601 41
Little Rock . + . . 930 _Jor
| Tnjnl. AP 6,907 | 5,716
BRADSTREET'S VISIBLE SUPPLY, _
o Trenlaw . CERRNE
Wheat ............ 1,486,000 -12,920,000
B i s s o 2aNR 000 -163,000
ORES . Tipeionns <l, 400000 -294,000
Total visible uupplx:
Wheat .............13,475,000 654,727,000
Y . sraein s XDEE 000 4,693,000
ORLS .....e00.00.4..82,622,000 38,888,000
-Dgl:"r'ease
SEMI-WEEKLY MOVEMENT,
- 1918, 1917, 1916,
Receipts ........ 17,379 25,627 11,112
Shipments ~.... 28,206 °46,134 33,360
Stocks ..........701,137 507,928 384,563
NORTHWESTERN CAR LOTS.
Wheat— Wed. Last Wk. 191,7.
Minneapolis ~.... 206 109 172
Winnipég ........ 141 197 300
DU ¢5 o i pnss, 8 7 18
CHICAGO CASH QUOTATIONS,
OHICAGO, June 12.—Corn—No. 2
mixed, 1.68; No, 5 white, 1.50; No. 2 yel
low, 1.68G1.69; No, 2 mixed, 1.68@1.69;
No. 3 mixed, 1.66; No. 6 white, 1.20; No,
3 yellow, 1.65; No. 4 yellow, 1.45@1.50;
No. 5 yvelow, 1.37. \
Oats—No. 2 mixed, 75; No. 2 white,
751‘?’(1)79%; No. 3 white, 7% @79%; No, 4
white, 77@78; standard, 78%@79.
ST. LOUIS CASH GRAIN, i
BT. LOUIS, June 12—Corn—No, 2,
1.62: No. 3, 1.57: No. 2, yellow, 1.63: No
2 white, 1.80; No. 83 waita, 1.68: Neo. 4
white, 1.50. ‘
Oats-—No, 2, 75; No. .3 white, 78; No,
{ white, 76.
KANSAS CITY CASH GRAIN. ‘
KANSAS CITY, June 12.—Corn—No.
3, 1.57; No. 4 white, 1.60. ‘
Oats—No. 2, 78; No. 3 white, 78. |
- ‘
LEGAL NOTICES. ‘
RECEIVER’'S SALE OF REAL ESTATE;
As réceiver for the estate of Warner
L. Peck, I am offering for 1# a traet
of land fronting 400 feet on Pharr road
and running back from the said road
approximptely 400 feet, the same con
taining about four acres of land, (o
gether with the improvements thereonm,
including ene six-room dwelling house,
barn, dairy house, ete, There Is an
encumbrance against the property of
$3,000.00. The terms of sale wlllppbe cash
and subject to the confirmation of the
court,
This property is located in the town
of East Lake and about 400 feet from
the intersection of Pharr road and East
Lake drive, and is considered 4deal for
a person desiring a small farm near
ACer fustha: tafennatis
“or further informa communicate
with thci‘ undenlcs,ned. AR noa\ J
1116-18 Hart m:u ergite
é PRICES=PROFITEERINfi--CLEWS3‘
R A N A A NAN I AN IS NSNS
By HENRY CLEWS, :
President Henry Clews & Co., of New York.
There are two very encouraging factors in home business af
fairs; the outlook for a big cotton erop and also for a large wheat
crop, both of which at this period promise to be record breakers.
These are two of the most important crops raisedyin the United'
States, and their promige of abundance is as encouraging to our
Allies as to ourselves. In other respects the crop situation is favor
able, and if present expectations are realized they will tend to
check hjgh prices and profiteering; for while the Food Adminis.
trafion {ms accomplished wonders in the latter direction, the law
of supply and demand can not be ignored, and the task of regu
lating prices will be much easier under abundance than under
scarcity. 3
In all industries pertaining to the
war there is intense activity, and ef
fort is being steadily shifted from
the unnecessary tc the necessary
products. One gource of uncertainty
has been remov:d, and that is labor,
which is displaying a high degree of
patriotisin ani stegcily increasing in
output, thus offsetting to some extent
the losses through drafting into the
army. British labor has doubled its
output since the war bhegan by means
of intense effort and better methods.
Such an increase of product here,
howewver, is hardly to he expected, for
the reason that American labor has
long been regarded as more el‘tective{
that British and less inclined to un
fair restrictions. ‘
Our industries are still moving in
the direction of more absolute Gov
ernment control. The steel industry
probably will be entirely regulated at
Washington within a very short time;
and now the textile manufacturers}
are looking in the same direction,
preferring the uniformity of Govern
ment control to the cofusion and un
certaities of part Government and
part private cotrol, with at the same
time widely fluctuating margins ot;
profit and labor problems tto contend
against. - i
In all industrial affairs the pros
pects are for stricter Government di
rection of both production and dis
tribution during the war. Such ef
forts were at first restricted to the
supplies of raw materials, but are
now bein gdirected to not a few semi
manufactured products. (Whether
Government intervention will extend
into retail distribution can ot be fore
told.
LIVE STOCK MARKET. |
CHICAGO, June 12.—Hogs: Receipts,
13,000. Market steady to bc up. Mixed
and butchers, 16.15@16.48; good and
heavy, 16.65@16.60; roubgh heavy, 16.35@
16.50; light, 16.45@16.65; pigs, 14.60@
.16.80; bulk, 16.40?16.05. }
Cattle: Recelpts 7,000. Market
strong. ‘
Sheep: Receipts 8,000. Market steady.
87T. LOUIS, June ll.—-Cuttle‘Rccllrtl
4,600 Southerns; market gool to 15¢
higher; native beef steers, 11.50@17.60;
vearling heef steers and heifers, 9.50@
15.50, cows, 7.50@13.76; stockers and
feeders, 8.50@12.00; calves, |7.76@14.00;
fair to prime yearling beef s*teers, 10.00
@15.50; beef cows and heifers, 6.00@
18.50; Southern prime yearling steers
and heifers, 7.50@510400.
Hogs—Recelpts 11,600; market s@loe
lower; mixed and butchers, 16.10@16.35;
ood, 16.002?16.20' rough, 15.00@15.25;
Rahts, 16.26@16.45; pigs, 16.76@16.25;
bulk, 16.00@16.30. |
l Sheep—Receipts 4,000; market steady
to strong; ewes, 12.00@14.00; canners
‘and choppers, 7.00@10.00; lambs, 14.00@
16.06; spring, 17.00@21.50.
Abeiiaaianci it Lt
MONEY AND EXCHANGE.
NEW \YORK, June 12.—Cal money on
the floar of the New York Stock Ex
change today ruled at &6 per cent; high,
6 per cent; low, 4% per cent. Time mon
ey was quiet, Rates were: Sixty days,
6 per cent; 90 days, 6 per cent; four
mouths, 6 per cent; five months, 6 per
cent; six months, 6 per cent. The mar
ket for prime mercantile paper was dull.
Call money in TLondon today was 2%
per eent. Sterling exchange was quiet
with business in bankers' bills at 175%
for demand, 4.73 for 60-day bills an
4.71 for 90-day bills,
NEW. YORK COFFEE MARKET.
Coffee quoutlop!:
Opening. | Closing.
AOBURIY T L ey 3 DTS A 0
HORPUREY +iyv o il iviinieis [B. 4008 4T
March . ~ ~ .| 8.50@8.556 | 8.52@8.54
May = 0001 dssanio | 8.68@8 10
&5 s L g .
Ju")e S vy gl e 7.92@7.97
QU 5 44N ) L. 1 200
SUEUNY. (g v ROTER BB
September , , .| 8.10@8.20 | 8.13@8.15
QOIODeE -. i il iadsio] SODER
WOVARY &' 3l iiviviins |s.2s 8.27
December . , .| 8.26@8.30 | 8.33@8.35
| A e eoo
. NEW YORK CURB MARKET.
~_The curb market opened irregular
and closed easy.
oorgy g hBY o 1%2%"%4%
etna Ex, ...
Air ;!edutg.}?n...lfi)‘ o 1 noen
n.-Am. sage @ 1
Barnet Oil .... % @ "26 %g 7-18
ghovr?:lot l: 12'8’ 182 @lzg%
on. Copper...
Cosden SR 6&% 7% 82,23 1
Curtiss A(';)l'e.. 80%@ 390% 39 @B9
Houston Oil ... 67 @6B 671 @67
Ind. Pipe .......98 @ 97 93 @ 97
Inter. Potei.ii. b @1 93 97
Inter. Pete, ... 124 @ 18Y% 12% @ 13%
Lehlgh Val.Coal7B @B2 78 @B2
Magds ........ 530 @9 0 @33
Marconi .. .. 34@ 8% 3@ 3
fierrltt |e | 27% 20%@ 26'{1
idwest Oil . .114 116 114 116
N 4 a"%&fem‘ 3 ng% " B
. Am. ¥ 0 %4
‘Ohio Oil . .p. .320 @326 - 3%0 @325
Okla. Prod. , . 6% 7 6% 7
‘Penn.-Ky. Ofl . 5 % 6 5%
Prairie Ol , .490 bOn 490 500
Prov, Mlnlng .B 052 50 g 52
‘Sub. Boat .*, . 16 17 16 17
8O NY ..0 274 270 @274
8.0 N.J . .32 @i% 832 @637
8 O Cal . 318 214 210 314
5 0 Ind. ~ 415 625 615 625
Union Tank . . 95 98 95 48
1. Motors .., . 268 7% ZOZ, 274%
Victoria Oil . . 3 4 3 4
WoMartin - 1000 10y 104 @ 10%
Midwest Rig. .100 @ll 109 @llO
o S 27
QUEEN™4'72% CO.
0
C.Gossett &
l 47 East Alabama St, |
‘ THE BIG POULTRY AND EGG HOUSE
| Leading Commission Merchants and Wholesalers. :
| Ship Your Poultry and Produce to the House of “The Smnw
i
i
i
Crop of 931,000,000 Bu, Assur«
ed—Total May Reach Billion, |
N. Dakota Makes Record.
By JOSEPH F. PRITCHARD.,
CHICAGO, June 12—A wheat crop
of 931,000,000 bushels is practically
assured-—which is quite large when
compared with the 651,000,000-bushel
crop of iast-year and a five-year ay
erage of §09,000,000 bushels.
Kansas led the other winter wheat
States, with a total of 97,114,000 bush-/
els, compared with 45,670,000 bushels’
as the total amount . harvested in
1917, The condition of the Kansas
crop is now 78 per cent, against a ten
year average of 74 per cent. While
Kansas leads all other States by a
great difference, there are goodly in
creases shown on the whole.
These increases are in Mlssouri, -
linois, Indiana and Ohio, and with but
few exceptions there will be more
wheat in the winter wheat belt than
the farmers as well as the food ad
ministration dared to hope for some
time since.
There was considerable talk of
winter killing in some of the States
and losses b - drought in some of the
other States.
Tre spring wheat crop of 344,000,-
000 bushels, against 233,000,000 last
year, will prove of great help along
with the increase in the winter
wheat. North Dakota led the spring
wheat States with 92,247,000 bushels,
followed by Minnesota with 65,294,000
bushels, South Dakota with 56,963~
000 bushels and Washington with 33,«
437,000 bushels.
Crop experts at Chicago, who are
in a pogition to know Better than al
most any other interest, advance the
opinion that the probabilities are far
a 1,000,000,000-bushel wheat ecrop.
They point to the fact that while the
Government has every facility for ag
certaining the actual facts concern
ing the crop promise, that a great
deal of new ground has been seeded
to wheat, and that this will not be
heard from fully until the thrashers
have finished their work. They re
call the improvement in the wheat
promise in 1915, when the forecast
was for 950,000,000 bushels in June,
and the improvement later advanced
the crop to 1,025,800,000 bushels,
Nearly all of lowa has had teo
much rain, and considerable corn in
that State is said too have been
washed out by the floods, and a great
deal of replanting has been done. In
other States there is little, said of
replanting, and the prospects are
dovbtless qnit gcod over nearly the
entire corn belt, .
HUTTON & CO.'S STOCK L"Tlfi-
NEW YORK, June 12.—The mark
looks liguidated and sold out. There
a considerable short interest,in a' num
ber of stocks and (“net accuiulation in
others. -We think the bituminous stocks
are a purchase. We helieve Pittsbu
Coal and Pittsburg-West Virginia Cota
will sell higher.
We expect to see a very big advance
in American Hide and Leather common
and preferred. The Eeople behind lhég
are talking par for the preferred and
for the common ?‘nd they are people whe
know all ahout the property. R
R e s
COTTON SEED OIL,
NEW YORK, June 12.—Cotton
oil close: June 20.0 (bid); July 20.00
20.50: Angozt 2000@20,60; Septem
ber, 20.00 (bid). No salgs. g
TWO YEARS
i FROM NOW
will you be better off financlally?
It all depends on how much you
save and how }rpu invest your
savings. By using
Che Choenty Payment Plan
you will not only induce and fos
ter saving, but will find yourself
the owner of income-producing
securities within twao years.
Booklet explaining this mothfl
of lnvosting, as well as copy
our fortnightly publication
“Investment Opporlunificp'l‘
will be sent without charge upon:
request for 69-AG. 4
l We Specialize in l
s luvestment Securities @
(Founded 1908.)
40 Exchange Place, New York,
@]