Newspaper Page Text
Atlanta Spot Cotton Soars 70 Points, t0A2@.65 Pound As the Result of Sharp Jump in Futures; Week’s Gain $8 a Bale
FACTORS UNDERLYING COTTON
BEGINNING TO HAVE EFFECT
TR S A T L P TMW ey,
- N .
/ By VICTOR BARRON.
Atlanta bank clearings Saturday ... ... ..z ... ...$7,710,736.53
TS 007 100 t JRAP ..oco. cov man oum wam ves vos 6,483,974.65
E BN o v vvi i sRI e See o BT
Atlanta bank clearings for week ... ... ... vee .. 037,227.34
IR WROK Jat FRRF . . sl Tl ek e e R 1,675.29
Bl InORIEe- .l eegTyg ees s « $3,066,652.06
Atlanta spot cotton Saturday ... ... ... cou cus vee o .-..n.cu|
B D IORE DPIIE oiis -, ini sbon boanir s wna vis Aea DS
DOIE AN 050 FRAE & sos 040 soy Sok news svtna ses ossTOTOO
S 0 BBY 1007 .oi ' 40n sk sse 5o mah vhe bwe oodTioo
; «ah @
tlanta cotton statement Saturday:
’ 1019, 1918, 1817.
I b ks G et e e LD b p 460
I<o i’ ooh “ne st SOT 1,436 985
B. i S ek b ONN 49,152 73,824
IL e e B 631 ..
..o v i
Following the sharp rise in futures, Atfanta spot cotton Saturday
Jumped 70 points—s 3.3) a bale-to 26.65 cents a pound, basis good
m|:d'ling. This represents a net gain for the week of 160 points, or $8
a bale. 5
. - L .
Cotton exhibited pronounced strength throughout the weeck-end session, |
rising to new high marks for the movement, or almost $5 a bale from Fri
day’s close, us the result of persistent buying for trade account, covering
s of shorts and general absence of pressure. The New
/@'**"fié&v York market opened Bto 25 points lower, due to week
-7 e end realizing, but immediately after the call a strong
s tone developed, with demand coming in from all solirees,
‘} o with shorts nervous and willing buyers on ecale up.
& & Spot firms, trade houses—both foreign and domestic——
eDT B also were among the leading buyers. Offerings dimin
g " ished and at times were very light. The high levels
B ‘4B were recorded during the final few minutes of trading,
"::& ¢ with the list reaching a net gain of 66 to 85 points, while
e the New Orleans market rose to a net gain of 38 to 85
. points. The start in New Orleans was 4 polnts lower to
E £y 20 points higher, Mareh showing the gain, as the result
“« F KB of Friday’s grade revision. ‘
- S At the top March contracts in New York stood at
% " 2306, while May reached 22.30, July 21.80 and October
e ¥ 2 20.16. March option in New Orleans rose to 24.37, May
e 22.70, July 21.70, October 1980 and December 19.23.
The strength of near months was largely due to covering of shorts and
recént spot revisions, which has made it quite unprofitable to deliver the
actual on future commitments.
Final prices in New York were 65 to 80 points higher, while the list at
New Orleans stood 62 to 77 points higher.
At the high level March option in New York stood more than 200
gxlms above Monday's bottom wpark—2o.Bo. The same position in New
rleans displayed a gain of 307 points, or $15.35 a bale above Monday's
Jow=-21.30.
Optimistic advices from trade sources and the fact that the strike situa
tion is daily growing brighter played an imporiant past in the rise. In ad
dition t¢ this, Friday’'s consumption report, showing that mills used more
than 30.000 bales in exxcess of the amount consumed during the same
month a year ago, and that active spindles were the greatest in the history
of the cotton industry, combined with the fact that exports so far this
season now are within 5,000 bales of equaling those of the corresponding
ierlod, sent another dagger into the hearts of thoge against the market.
150, the growing agitation for a big cut in this year's acreage and the
strong holding movement 4f cotton throughout the belt are beginning to-
Jgnake the bears sit up and take notice of the fact that they have worked
themselves into a most dangerous ground and that they will exporlonoei
considerable difficulty in “getting out’ exeept at great expense, |
The recent ralny weather also has set crop preparations backward.
oArlaother Strong argument back of this rise is the cancellation of fertmler‘
ers,
A prominent local eotton merchant informs the writer that some ofl
the largest plantdrs around Newnan, Ga., have canceled orders for fertilizer.
:!‘he bear crowd may think that the South is bluffing abeut eutting this
year's acreage if they want to, but all signs certainly indicate that farmers
mean business this spring.
A better demand is daily develoning for cotton and higher
are l’);lnz offered, but little staple is changing hands, . premluq:s
olders of th eactiial know they have the situation in hand and
determined to win this battle with the mills and the speculative eltml)"en:lhe
It the bear crowd had such fundamental facts ag the bnlls have at
:}wlr dmnosa!‘.l they would send values tumbling. In fact, with the condi
ons surrounding the cotton market as at present, th
for a mammoth rige in cotton. p' ‘ t‘ ¢ oundntion ls seltd
The clouds are clearing, and those wh ostand Bat ard. slach ini.
year’s acreage willbe liberally rewarded. DAt and slash this
CHICAGO, Feb, 15.« Corn opened 1-2¢
€0 11-2 c lower today. The cash market
Z‘E,\s 'Wrflk. v;lll[) :m' indifferent 'dunmnd.
cal commission houses bought spar
ingly. -
Oats opened 1-4 cto 6-8 c lower. The
@agh market was= easy. [levater inter
88ts were the best buyers,
Provisions opened al l'pver prices. The
market was siow and unfeatured.
A strong demand prevailed for all
les during the late trading, with
bruary corn rising to 1.29, March
I.{o 3 4 and May 1.24 3-4, The close was
3 to 3 3-8 cenis h‘lfiher, Oats closed 1 1-4
to_l2-8 cents higher.
Provigions finished higher.
Grain quotations:
; Prev.,
Open. High, Low. Close. C
CORN— Close
b 1.2608 1.29 1.24% 128 1.26%
eh. 1.23% 1389 1.234 1.21 1.25
Ay 1.20 1.24%0 L. 19% 1.2 1.20;2
Iy 1.16% i wis v AT
OATS—
Feb. .58 804, 58 60 nax
Mch. 7% 0% 67% 50 b "
May b 8 % 6l L 1 2" 0% 687%
.lulz 5014 b 6 3
PORK
M'y 3570 41.10 39.50 41.05 40.20
ll{ 3986 2985 3085 20.86 39.00
LA R D -
M'y 24.%0 25.05 £4.30 25.00 24.60
Jiy 2340 24.17 28.650 2410 23.60
RIBS-
My 2108 2272 2196 rflz 2112
Jiy 2L45 28.20 21.45 2.00 21.82
CHICAGO CAR LOTS,
CHICAGO, Feb. 15.-~Following are re
eeipts today:
WENOAR i: s e w 0 baei de e as 100
Corn PBsk4sßo ma b 4 bßhet Be a?x
BB G 0 v s e wwe el by hr 2R
BRI oo wn i R e e iDR
GRAIN NOTES,
CHICAGO, Feb, 16~Corn market 1a ton
sidered more evened up thah for some
time Sentiment considerably mixed. At
the moment the cash situition is slow,
current receipts going to Industries and
elevators. A slight incpense in move
ment in antieination of Mareh 1 taxes is
expected, Slightly lower prites today in
sympathy with the ocash market are not
unlikely.
CHICAGO CASH GRAIN,
CHICAGO, Feb 15.~Cnsh: Corn--No.
4 mixed, 122@1.23%; No, 4 white, 123
1.24; No. 4 yellow, 1.26@127; No. §
mixed, \l&fil.?}; No. 5 white, 120@
1.21; No. 6 yellow, 120@122; No, 3
mixed, 1;0'&’1&{! 6 white, 1.17; No.
yellow, 117 ) , \
é)lt!———Nu 2 wfmn, Gl@o4; No. 3 white,
581 @hOY; No. 4 white, 8% ; standard,
M 6, s
CHICAGO LIVE STOCK.
(gy U. K. Durens of Markets, Yeb, 10.)
S Eatimated receipts ¥7.000. Mar
wot oiioffx 16¢ tower Bull H.&'.;7 80
top; 17.955 buteher hogs, hedvy, 11,759
1995 peeking hogn, heavy, 10.75@17.956;
mediugm and nixed 17.25917.90 Heht,
ITHO® 17,78, piee ROV 00, PFoughs
8284 18,50
Cittießutimated receipte’ 1,006 Mar«
net Bteady. te lower
‘ Bhedpofetimated vecoipts 1 000 Mars
et WMeand
}__ LOCAL PRODUOE |
*
Caapiled by A
of 8, P "‘wm vo u‘
tentleld Deting In eharge. :t'-. o |
Following quotations represent R.flo‘l
Wwhich thnfinnk of good m"%ou of fruit .:3
profnce was welting Batur ay with prices
on the basis for ghod& in the original pack
oge sold by wholeanle lealers to rethilers
(Some fuh(‘l stock nrm.m% h»'}nfin pri
fi,"\?”?.md“° In poor - condit uim
- }W’lnd'i;lk P;)T&W&mnsm and
olorn oun 3 g
2.60@3.00, v i o
APPLES-—Boxes, Washington -Winesa 8,
Yellow Newtowns and Wz\flg‘Wlhter PwPr
mains, extra fancy, $4.00@4.25.
ONlONS—Northern Red and _ Yellow
Globes, 100-pound sacks, 3.0069 .50, '
ABBAGE--New York Danigh, er ted,
l.fiafl%@ per ewt, fiorufi. Earty ;‘lat,
barrel erates, 3.36@9.50.
BWEET POTATOR! ia Porto Hi«
eans, sacked, per ewt., l.“s:.”.
CELERY-Flotida, 10-ineh crates, is the
rouch..%.ox; bunched, 7.50.
STRING HEANS- Florida, % ~bushe!
hampers, green, 4.50.
EGGPLANT-—Florida, $5.60 per crate.
ORANGIS—FIorida, $5.85 per box.
GRAPEFRUIT—Fiorida, deditable Hizes
4.26@4.50 per box; large ahd small slzes,
4.00 per box.
BANANAB-<§ centg per pound.
LETTUCRH-Flotida, %%-b“hol hampers,
Bl*onoaum hmvr. £4.50.
MATORS -Floridn, 6-busket crates,
hg" 6.00: choice 4.006)4.50,
UPABAGAS—Cunadian and Bouth
Carolina, sucked, per cm.\:.oofiz.ao,
LEMONB-~Oalifornia, ali®sizes, 5.00@
5.60 per box.
gnm«nm——mnmn. 10-in, ecrates, 3.80.
1 EETS-~Florida, barre! crates, $7.50.
- CARROTS~Louisiana, 700 per dozen
bunches, #
ONIONS-Louisiana, 46@50c per dozen
hunches,
el et s
ATLANTA PROVISION MARKET, ,
(White Provision Compuny, United States
Food Admlnlnt;“g{o‘n) License No.
Ge ‘
Cornfield hams, 10-13 average .. ......34
l'nrnrieh} hams, 12.41 lVPrl:l seveisd
Cornfield skinned hamsa, 16-19 . . ..., s
Cornfield pienio hams, 68 ... ~ ...
Cornfiold hreakfast bw;n E\ o 0 s vt Ot
Cornfield sliced bavon, 1-pound bexes
SR -RD ORBE . ookis vvbiisvns s it hei ¥R
Grocer's Wheon, wide or narrow ..., .80
Cornfield pork sausnwe frash link ur"
bulk Aad U RN sVR AT YRR oS
‘Cornfield wieners, in 10-pound cape
5 TR T T
Gornfield wiehers in 12-pound kite in
\ ;ih‘gln il i 3 b A s v sear v
(Cornfold Hologns mnusage in 4
[m!éud BN i el 1D
Cornfield smoked link sAusage in 86
POUDE DOROE . v s Py, is srer vl
‘Olnnrlmothlr’l pure leaf lard in tierce
TR ook oEegb oYMk S
(Country styVe pure Inrd, tieree basis. 26 b
’('ompomm lord, tieroe basis ... .....,.24%
D, % SRR VINE ii b i b avens osiß 0N
D B b«\lfn, medium . average ..., 200
D B bellies, light average ... .... 0
WEEKLY BANK STATEMENY,
NEW YU)‘H\, Feb sa.‘—lfu‘;h atatemaont
vfrnfo ement
Loans inereased, $9.923.000, demand e«
posits decrensed, ’“fi’fi.flow time depopits
devrensed, SIILDO ; tesctve deersased, §ll,
964,210
Actial Statement
Livans inefensed, SEW 557 008, demand ob
posits inereased. s49° 000 thme Aopowsitd \%o
veopsed, SORE 00T Pemakes Wopoaend §lB,
813,788
E#xEMARKETS AND FINANCIAUJEESS
'
ngw YORK, Feb. 16.—The cottow
market opo;nd ‘lht today and first
prices wcfie to 25 points l:rr, in con
trast to New Oflofls whi orned :x
points higher on m& and later )
an .1'"“1 which carried the local mar
klet‘ to 14 pointe above NE night's
close.
The firmness at New Orleans was at
tributed to yesterday s revision of low
grades,
At the same time New Orleans was a
seller of contracts in this market with
Liverpool the best buyer. Shorts event
ually became hervous and bid prices un,
Hegvy general buying resulted in the
market rising to a het gain of 66 to 85
points during the final hour, with shorts,
spot flrm'% and tere houses the best
blflm he supply of eontrac:)% were
light. ‘March options rose to 23 06, May
22.30, July 21.80 and October 20.16.
At the close the market was very
steady, at a net gain of 65 to 8¢ yolntf.
Spot cotton was officially quoted 70
points higher at 26.50.
NEW YORK COTTON FUTURES.
—o.|Open. [High .| Low. |L.Salel_Clos. |Pry.Close
Feb | ....[4 ‘‘ ’ ~122.30-23\22.15»40
Meh [22.10/23.08/22.10{22.95/22.99-23/22.30.33
ADF oo ol isnl vl s 19848 [94.66
May [21.20122.30121.18122.15/22.15-25/21.45-49
Jiy t:ojo[ru.lflzo.ulzx.7ll2l,sx-m:‘o :5-97
A [isslatnd vt ... 8000 13088
Spt baivalatis falie !| 120,40 118,80
Oet 119.40/20.18)19940]20.08)20.05-10]19.50-52
Ny Lissed .. s b JJ19.45 [19.49
Dec fl‘l’lht"‘w.fl‘ll 17119.80-90/19 25-35
Jan 1....| sobbonalan, ,[_lg_s;’»»nous;x_’_‘_
Closed very steady,
NEW ORLEANS COTTON FUTURES,
—Topen igh | liw. [laSale_ Ol Pre Cioms
Y 1B RIS ISS
Mch [23.80(24.87|23.72]24.30]24.30-37/23. 60
May 121.50{22.70121.83128.70)22.60-70/21.85-92
Jly [20.91121,70(20.86]21.70(21.62-70/20 93-98
;Om !"'“V"” 18.15 ll” 19,80 {19.18-21
Dec |18.85119.23}18.85/19,78119.53-8518.85-90
' Closed steady.
| EPOT COTTON.
~ Atlanta Commercial Exchange anotes
mood middling basis, 26.65; sales, Friday,
| 500 bales,
New Orleans, middling, 26'4; sales 853,
New York middiing, 26.50.
Liverpool, good middling, 17.694.
Bavannah, middling, 29,
Augusta, steady; middling, 24%
, Bosten, steady, 26.66.
| Philadelphia, middling, 26.05
. Cha leston, muidling, 30c,
| Wilmington, middiing, 23e.
Norfolk, middling, 2 ;fl
-~ Memphis, middiing, 27%.
i St. Louls, middling, 28.
Dallas, middling, 35.80,
Mobile, middling, 24.26.
Montgomery, steady, 2/%.
Galveeton, middiing, 28%.
Houston, mldr!nng‘ 27%.
Littie Rock, middling, 26%.
HESTER'S OCOTTON STATEMENT.
Comparisons are to actual dates, not té
close of &on-pn‘lu weeks: Bales.
Ih sight for week .............. 175,000
do same 7 days last year ...... B'.OW
do same 7 days {vu before .. 4,000
do for the mofith ............ 401,000
do same date last year ...... 3 2.008
do same date year before .... 4 xxzo
A 0 TOF BORBOE 4645 154 oos saomas ‘.! &
do same date last year ...... J;l.ou
do same date year before ....10,670,0
Port recelpg for méason ...... 3,81‘.800
do same date last year ...... 4,658,000
do same dalr year nfora last 5,781,000
Overland to mills and nada for i
EORIRE )ks gss,no
do same date last year ... .. 1, 5.800
do same date year before ..!. 1,122,000
Seuthern n‘ll takings for seas :,zzs.ooox
do same date last year ...... 290,000
de same date year before .... 8."0.000|
Interior stocks in excess of Au-
WO § visesuns ihnaTenened C; .800
Qo laßt year ..........cieoo.o BTROOO
rdo]n.r b0tm'.......k........ 677,000\
'oreign ex ts for week ....., » i
do same ¥ days tam vear |lO 84,088’,
do same 7 days year before., 48,000 |
DN TP SO .. i z.sos,ooo.
do same date last yeas ... . 2814000
do same date Year before .... 3,584,000
Nurthern spinners’ takings and
Canada tof WORN . .ii.iiie. . o 37000
| o same 7 days last year .... 14,000
y so for le&lflll‘.. 1,213,0002
| 4o te same te last year .... 1,746,000
Statement of Spi; ' Takings Ameri
can Cotton 'rm'(h-t the #ofld
BE WRRR it e -LD
« Same 7 days last year ........ 193,000
Same 7 days year before ...... 234,000
| Total since August 1 .....i.... 6,565,000
Same date last year .......... 7,626,000
Bame date year before ........ 8,816,000
Statement of World’s Visible s‘gvply.
Total visible thYl week ...... 5,178,000
B 0 1608 Wheß . .ivi.i..iieeo. §;108,000
o same date last year ...... 1.467,003‘
do same dntpdear before .... 5,108,000
| Of this the to American this
WO sit asiN e s e thia bt s.sn,ooo
l 80/Inst Woll iiveitceiconsness 3,8 083
Ne lnst PONF (... vieineeiesis B 16RO
I B 200 RO il coheeeen 3.9%.000
All other kinds this week ...... 1,577,000
| 780 a 8 WEOR . .......00..000 LEBE,OOO
do last you{ Eare s vissndtres. LEDEIDDE
1 80 year DeIOMS . ..v.......i... ;134,000
, Visible in other eountries this
| WSI =(T i s iaves 3.800,008
i do this date last yedl ........ 1,084,000
i COTTON NEWS,
{ Bradstreet snys that in cotton goods
zfirlmza it is felt that the market is within
' alling distance of d:m,mt
! 'rt‘e Times-Picayune kdys: “The consid
erabl? incréase showh lj; consumption I;i
Aferican mills during January col;:?ql‘
with January last ‘{elr. when a dedrease
!hld beeti expected due to the talk of ecur
tallment of production and bad trxfo. was
| & genuineé surprise to traders and had a
-tlmulnlns effect oh the market. It ia
difficult to escape the conivietion that the
| talk of ewrtailment and diminished conh
sumption was part of a bearish propagan
{da to frighten Southern spot holders into
I parting with their cotton at lower prices.
+ This impression is further borne out by
| the showing that milis stooks have shown
| & considerable felative shrihkage during
{ the past month and the total of active
spindies at the end of Janury was the
greatest on record.
“The Influehve oh the eontract markets
lof recent revisions of guotations by South
efn markets has béeh most favorable ow
lnf to the fact that the greatly lowered
differenceés on the lower grades will make
it improbable such grades will be tendered
{on contracts, . Near months have already
drawn closer to spot values ahd it*ia fie
lieved that the sgot demand will be #tim
ulated by the lowering of the high basis
that has heretofore .prc.vlllod“'
.
Josephtal says: '""We ex t trading
murket and would buy aufy'flnn: October
cotton on setbacks.”
ety
WEATHER FORECAST.
North Carolina —Fair and colder
Houth Carolina and Georgin—Falr and
colder; fro% to coast,
Florlda—Falr, probably frost. in north
and Interior.
Alabama-Fair, colder; freeging in in
terior; frost on coast.
Minsissippl-~Fair, eslder; brobably freez
ing, frost to const,
WEENLY WBA:‘KRR N%RM'AHT.
WARHINGTON, ab, 15.-—The Weather
Bureau today issued the following forecast
for next week:
Bouth Atlantie gd East Guif States -
!<;mu-rul|y fulr weatfer during the week,
| withough some prospects of rain Tuesday
or Wednesdny, tethperaturea somewhat bhe
{low nofmal Ahd neaMy normal threafter
except somewhat ahbove Tuesdny
West Guif Btates—Rain, probably Mons
day or Tuesday with temperntures seme
{what above mormal. Generally falr with
| ndarly normal temperatures remainder of
1 the week.
! "Onio Valley and Tennehee—Rain or
| #now Tuend®y or Wednehdhy, generally
falr thereafter Nearly normhal tempera
tutes
Reglon yof Great Lakes—Continyed
cloudy weather early in the week with
snow Monday or Tuesdny in wpper lak
region and ahout Tuesday lewer lake re
gion, generally fair thereafter nearly
no Al tempetn turep, bxeepl somewhat
| above Mondoy 'h abrthern lake reging
MONEY AND EXCHANGP.
CEAW YORK Féb 1B Mo sing r
Lok anstiody with “husiness in bank
o g L HB% for demwnt, 4734 for
l ™ e and 471 far Nodey BYie
| New York Stock Quotations i
Market closed strong
Total stock sales 465,900 shares,
Total bond sales $6,973,000.
Total stock sales for week 2,221,000 shares. ,
Total bond sales $563,701,000,
K- Bien) Lowire 8
m« fn'cm” .o] gy iul i
n v, Vobsslmas ok bonsl sad>
Amn. LT 003 (1003 (1004 1100 %
Amn. B. Sugar . .| 681 6814 em’ o 8
Amn. On . .....| 45%] 44344 %| 44%
Amn. Car Fdry. ..| 8934 89| 8944| 89
Amn. Cot. Ol , .| 42 42 42 42
Amniol.ooo.,. ieess| 62 61 lu tl?):ll&
Amn, ..‘:f&f.rng DN TR TR
Amn, Steel v | TOW| TE% | TH% | Tuw
Amn, Sugar Ref. [11614 /1614|1161 |ll6
Ama. T and T.. 100%|100% 1005 100%
Amu. wwolen . . .| ... ) S
At Goand W. L 1.0 l 98 |96 | 98| 955
Amn H. and L. . . u* t’!a 1841 17%
A':oTzrd. oy :l 1 92y ‘;%;:
Amn. vq'un;-?»l Jrodig 1088 104 u:):t_‘:‘
es T gt glsl ol
Atchison . ..o 914 3w ’lg 2l
B‘:“‘: e 32* 3%'{; 42 ’ua
v A 54
g:otl.- fllhet‘lal .k !03 19% lz&t 3
Betn, Steel B 61%| 60%% om}ggx
m.dfietrbl?\in{ Sy iij{‘ 84 ii"! P
Bacitic ..o hekileh (ke iy
heu'.lrfioxl}n. Vi , ereal vosef B 4
2. P 3 .0 8 ho 4 2% .
Col, . MR EIR AR T T
C»"M. .lgnu&.h ! .“( k 6%
do. pref. . , . siio]| sazs l g
Ohina. 85”« Ol ankgl syl a3l .Z:
o B . ¥ sl Ay el sise
3rn Products ..| 47 }47 N A*t
grucllfle Bteel ~ . Stfi 55 gfia 58
""71'.‘,25&“'“ ..| 20 &22% 2 _2[}*
Oentrat eatier || i) so3(] 60| 40
Chile t‘mfimr oot IT%| 17%] 17* 17%
,h.uk:l':s Motor ', Lllß7 1116 118 \ug
lak. ‘Becuritiea | 6%/ Gix| 0k sin
" cievsene] 18% | 153 15% ) 164
do pret. st . .{ 26 | 25%/ 20 ;fis
General Electric . ] frolt cansd vak ANE
General Motors . .‘l3l 130 y 130%4:0&
Goodrich Rubber ', :| &0 ‘ 69%-‘ 60| 58
. or, el o . “hes Tawe
Gt Nor. Ore . .| 3b¥| 3% 3| 37w
fi{n&fi:xrnei §iiw i ;7%
Rl e & | iéi/;, e as'u't i
SRUNRIINN 1 & sl el sasdiave 6
S 5 B & osb il ettt M
Im:x. N/:h;(urlml K .|110246'!;.‘|11024;‘?6530:“7/;11102465&
gnu;.‘ Ff?&:r T e i
xfin}-d&mu o xg 8 31! 83 %
Kennecatt ./ i 3 20%| 99%| 29%
Bk -00 l avilscos) e SO
med Yalley L 1 , R
alben wothes " i) iie! syl
By 0. M. SMUCKER. !
CHICAGO, Feb. 15.—Anticipation that
the Victory Loan will be made uhusu
ally attractive to insure its success has
encouraged a flood of selling of out
standing Liberty bonds, which has de
pressed them to the lowest level since
their issuance. Although general mar
ket conditions have shown signs of im
provement since the beginning of the
week, the Liberty issues have continued
their gradual downward movement.
These bonds are now selling at bar
gain prices. That they are so low is
amazing to experienced bond dealers.
Their yields at present market prices
are considerably abovg municipal ie
sues, and not far from the return on
recent emissions of railroad and in
dustrial securities. It is a certainty
lt(ha( one or the other is selling out of
ine.
No matter how attractive the Treas
ury Department may decide te make
the Victory Loan, there is litile prohufl‘
bility the issue will be put out to yield
4 3-4 or 5 per cent. Therefore, It
would seem the outstanding bonds are
investment opportunities which should
not be overlooked. !
It i& estimated that millions of
dollars are being lost by Liberty bond
ownerg through dealings with unscru
nulo\{u brokers and money lenders, who
areé buying their holdings at large dlg‘
eounts. In some cases as little as S7O
has been paid for £IOO bonds, Although
Government offizials and the banks have
made every effert to stop these ille:iti
mate practices, no effective measures
have been designed to end them,
. The Americar Bankers' Association
is conducting a nation wide curflpnlfin
to have savings banks make loans to
‘}homwrs of bonds of small denominations
’ih the hope of stemming the flood of
selling that has been sweeping the en
tire country., Corporations and wealthy
individuale are able to discount their
bonds at nationa! banks and thus se
cure funds without sacrificing thelir
holdings, but people of small means
have no place except the savings in
stitutions where thoy can borrow on
their bonds.
In its circular to every savings bank
in the country the association Bsays:
“Kncourave small l.lhm(')' bond owners
|to make loans in cage of need, at your
institutions on their notes sovuscd by
thelr Liberty bonds. This the law of
Your State permits you to do. Induce
borrowers to open a savings aceount
and bulld it up to pay off the I?n/“
.
Business Situation More
Cheerful, Says Bradstreet
NEW YORK, Fob, 15.—Bradstreet's
Wec-kldy business review, says: "
Trading advices are a shade more cheer.
ful t‘:w movemnent ?‘f peace time industries
oufside of textile Nnes is a trifle faster
nnd colléetions are a bit better. Those
Btatements, of course, must be taken with
knowledge of the fact that the buyinf.
especially of wearing apparel at wholesale
is conservative and not equal to that of a
year ago, that rain and show the country
over has checlked country trade and mars
keting of produets, especially of dorn and
hogs in the west; that lower cottbn pricos
discourage southern hu{m' and promote
talk of crop area reduction; that a great
many textile mill hands arte striking or
otherwise idle, pending the settlemoent
of the shorter week issue, and that the
number of unemployed is larger, owing
mainly to the continued release of men
from the army.
The key to the whole situation seems
Btill to he the matter of prices, and here
two great induystries, textile manufactur
|nn‘ and iron and ateel production, are
alike sufferers, though dissimilar in this
that while steel millg, running at. full In
some instances, and eating into the back.
tog of unfilled orders, the supplies of tex-
Hluxlro- certainly not being increased
great “ by the short time ruling
Weekly bank clearings, $6,421,002,000,
v .
Business Conditicns Here
Good, Asserts Bradstreet
Following 18 Bradsireet’'s weckly roview
of local business:
Manufacturing and industry continue
active, Labor is still in demand, though
some clerical workers are finding dis«
fleulty in obtaining positions
: Jobbers of miilinery report volume of
business good with increasged sules over
Eame period of Tast year Wholesale dry
gmvh\ and shoer are quiet, the tendency
eing to awnit fur'her price develons
tents, - Business at retail 18 very activg
- and #uips are phend of same month of
st yeab, Colleetions are good, The
cotton Situation rémains btwettied with
\ farmers ho'dins their” proaduct off the
market Reduction of cotton ncreage s
\ initntad by reduced soniracts for fer
sy, Wenthér conditigne Hinve oot
t favared preparation aof and
.r'_'r‘,??_‘.‘. 'H!IP!EQ,'E“,!!'{U:"
do Ist a al Saatl s cnsk REAS g
iss. Pae. (new } 23%
gax. Petroleum .) ‘ \u": n*l“a 174%
ot ORI R
Miami DPRE .« o] cihod i iaadd P ER
idvale Steel . .| 42 |4l 2 | 41}
M 4
N.At. (éonflm:. o wiiel assal serdl o o¥+ :g
{Nat. Eoamel. o sae} covof sate] asfs
N NI
[N Bl 3y A eaoid vaiel 68
Oak. Products . .| 8 8 8 8
IN. and W. . . ...[lO5 (104 (106 (104
‘| 05 10t ™ (108 ™ 10435
| Nor. Paciffc . . 90 90% |o| 90
VO AR WWL4 Gl ol e 192
;gi‘iY. Alrbm(l;. PN g ““ @ ::*
i o as .
pnu.%.Q’, OM o ..ial ceni] 00l 38
TP Bl 5 ol .ol il kel 38
| P ol dBIRE) 3B Lw
|pancAmn .o o Teß| THe| T 8 70
onlo:f Gas ~ .| 471%] 4 4 47
| ® teel Car . | 62| 62
r fne 8 © 2% | 62 60
| Pullipan Co. . . {ll4 114 e i
| Ray Censolidated . sk vl daeob ok 00l -B9
[Beaging ..< . [ (¢ 8%
ikoyll Dutch . |B7 |93 |9 !
|Rep. L &8 , . .| T 4 73 "
RO AR L v A e 3
| Bears-Roebuck . | o] oo lx
Afl)n?-flheffleld N it sel sk s
ls:u“r:. Pa}({:lflo t .gxgh‘l ;:% 1:!“ 9
i uthern e 8 %
i do pref’ b wll ‘ea .i: ‘3
| Budedaker :au) §2%| | 82
[ Binclair Ol . . o of SB% [ 343, 8465 ...
| Shattuck, Arim . Y R SR L
| Tobacgn Products . 86| 841 y 843 ra
! " R 8 aaes i ives
,Rird évenuo . ‘ l‘ %i
,F\zu oL .. (1811104104 190%
i"exl:al}'nelno ¥4 ’ 82y |32 32% ‘g:%
nite sl el itk cae
eol L I it i
.su R A
| i Bteel . . .| 91%] 30 ‘m:. zo
:33 Fref. ke u; 114 n‘u l({
i Jig. Stores 1188 117%!1
' 1 1
Tta Ooxi}nr i.a sk 67% cg t
Va.-Car. Chem. Co. 2 b b 1
Wabhsh . v ¢ ] 8 L 7
hprel A sl Vasik asil st 81
Western Union . ] is:.] caus ..1 86
Witlys-Overiana *. ‘| 38%| 28 25i4| 25y
Woslworth « : v ) viiif iaoi) donsiißS
Westinghouse ~ . %ax A% 4‘%
White Motors . . .| ....! ’ts
BONDS,
ilé Lib, 3% . (98,8095 ROOE. 80
6 Ist 48 . . .!sz.xs;’e.u 02,
do 2nd 48 . . .|92. 4;!‘.53 a.so Ly
do 4%s . . .195.1485.1 ‘vu.h
go tnd ® . (93.82/93.78/03. lgl.lz
o 4th 44s . .[93.82/93.82/93.82/03.94
Anglo-French 68 . | 97% | 97% | 971 87%
By JOSEPH F, PRITCHARD.
CHICAGO, Feb. 15.—The spring wheat
farmers of the United States will be |
taken eare of the same as the producers
of winter wheat at the minimum price |
of $2.26, in the opinion of Leslie F.
Gatea, president of the Chicago Beard of
Trade, after a four weesk' stay at the
nation’s capital \
“Some dissatisfaction is shown by a
few officials at Washington in the move
ment to pay the s{;rin wheat grower
the same price as the fymthwen!em or
winter wheat producer'' he said, “but
those who now have and will have the
matter in eharge are unable to see any
fairness in cutting the price of spring
wheat bécause a few eclalm that the
spring wheat erowef has not heen to the
expense or trouble of the winter wheat
farmer.” ‘
Protect Millers Aiso.
It is also generallK believed that it
is the intontlo‘\ of the Government to
take care of all the inter?mn who are
handling and ueing flour In case of a
decline 1n thné commodity—to pay the
holdetr the difference between the first
cost prite and the reduced price.
Mr. Gates said that grain _men if
comrellod to do buriness as individuals
would be placed at a c’undunmge with
}he bu{lng aggl!wles of the allied coun
tries abroad. he buying rowcr is con
centrated—in fact, there I 8 no compe
tiglon, and the likelthood is that they
will buy all commodities as cheaply as
pos.flhle.
he fleld condition of winter wheat
is not as favorable as thad reported
four wuksl‘lro. unefln'!‘l'y in Ohio, In
diana and Miinols, acco lnl to a spe
eial report issued by the Price Current
Grain Report. /There hag heen no snow
on the ground.’ The 801 lis dry in many
Joealities and there has been alternate
freczing and thawing.
Oats Situation Improving.
The fact that exporters have taken
a little interest in the oats market of
late has served to encourage the trade.
There is no indication of any hroad ex
port trade developing in the near future,
ag thelr supnlies are still large and they
Aare unable to get ample tonnage to move
them, but the limpressioh prevails, nev
ertheless, that the situation has im
proved,
' One thing that has puzzled the trade
was the withdraawl of some oats from
vessels at Buffalo. It would have seem -
ed more natural to have taken the oats
out of gtore here and lightened the ele
vater charges, as the oats ecould have
heen carried in the boats to Buffalo for
the halance of the winter without ad
ditional cost,
Domestic demand for oats I 8 some
what better and the movement from the
farms continues to he Nntfll‘ts.
Better Faeling In Produce.
A bdetter fecling exists in the provia
ion trade than hag prevailed for some
time. The ability of the food adminis
tration to make good on its foreigh ors
ders, ag it had hoped and promised, hns
greatly relleved conditions and a strong
gitwation has developed,
Hogs at the yards vesterday sold 65
conts above the minimum price, and this
in face of all recent complaints that the
fixed value was far too high. Tt is un
| derstood that more big Government al
lotments are pending and the trade an
ticlpates an enormous export move
ment for many weeks to coma.
T!’H WEATHER,
WASHINGTON, Febh. 16 Generally fair
wenther will prevall tonight and Bunday
aver the Southerh section. Tt will bhe eold
er tonight sast of the Mississippt River
with frost to the Guif Coast ahd in the
interior of central Morida,
i Foreenst iy States,
Georgia ~Falr, coldey umignt; probably
fromt In north snd interler or central por
tion; Bundny falr
North Caroling Fair, ocolder tonight!
Bunhdny failpe
Futh Caroline—Fair, oolder tonight;
frost on the coast |f wosther clears; Sune
day fair
Alnboma—alr, eolder tonight; freeting
tempearture in the Intorior; frost oft the
cobnt; Munday faly
Mignigsipp! - Fair tonight: enlder in enst
poftion; probeahbly freezing temperdture m
nterior and frost on the eoast; Bunday
fal
"vnnv.«m Fatr in west, cuody In vens
tral and enst portiond tenight; colder;
Ruhday fair
Forida-—Vair, colder mm?m, frobohiy
frost in north ond inteMor of central pors
tioh, Bunday falf,
JAUKSONVILLE LIVE STOCK,
Mogho Rocoipts medivm Progpects
atondy Extrn choice henvy, 12.80@128 00
ordinaty rhole Heavy, 12008 12.00; rourh
henvy, L 6016 Ughts, 10,508 11.0 y
pisgs, § 19.93
attle Poealpnts Highs Prospecis stendy
Fioers GOVIR R 0 Dulle, BTOEARY . yeng
L linga, B.oo@® 00 dows, G 607 00; hielfors
x .95 07 b 4 wnrers, 476 up-~WiTamsen
& Drunis Fabrinry 14
NEW YORK, Feb. 15.-In the early
ga(llgn in the stock market, Royal
utch econtinued its upward movement
mnfing from 88 to %4 3-4, a new high,
against 93 1-4 at the cloge yesterday.
Mexican Petroleum advanced 5-8 to
176 1-8 and then dm_)ppvd to 174 and
Pan-Ameriean 7-8 to 71 8-4. Marine pre
ferred after advancing 11-8 to 1005-8
reacted to 99 5-8.
Tobacco Products was trading in to a
small extent at 85 1-8 and 84 7-8. Steel
common gained 1-4 to 90 1-2, and the
copper stocks generally showed small
fractional losses.
Changes in other issues were unim
portant
The demand for stocks became very
urgent in the last half hour, most of
the active issues moving up from 1 to 3
points, The oil stocks continued active
Mexican Petroleum e¢losing at 179 5-8,
Royal Dutch at 96, Pan-American Pe
troleum at 76 1-4 and Texas Ofl 194
Marine preferred was up three points to
102 7-8
Steel common waao&vmlly 91 7-8, Bald
win 74, Tobacco Preducts 84 7-8, Gen
eral Motors 133 1-2, The St. Paul is
sues showed pronounced weakhess, the
common dropping over one point to 34%,
a néw low record, while it rallied near
the ¢lose tg 85 7-8. The preferred
dropped nearly 2 points to 68%.
'llhe market closed strong: CGovern
ment bonds unchanged; milway and
other bonds strong.
Atlant! orer s COML casbes 1
At mmt\fl 00D, 4 o bddas
S AT
Al and W. P Mn»‘t" "
an uo-fl 8 yebist
?€R " . B!
r an‘ R.“. yakasell 2
" &n‘ way ...
t nlt 8:! PARY eaely
Pufl |" tton Mills ......i 1
uiton National Bank ......'u‘!%]l
mpire Cotton Oil. comman .| 60 l?
do pret o iie e add % Y ‘
Gele City Cotton MINS . ....... 02 it
Ga. Ry. and Banking s .11j233 [a3B
Ga. Ry. and Blec. C0......,...[104 [lO4
X F:‘l B iteiabitessrens ‘{:* .ll;
o‘ufi!mon cisranneneves] 8 ’
k";r'lllnug Bank iiiiies l“ :
u ern Rajlr Ersannise
gcfi"&“' ga ?3 i
ompany vens
i, BE Ty, B 8 faoiis.iloo flO
u.—(g:u. obu v.. 15,10 h
| Bonds.
Aants RS 3000, ;.. covvonnen 40| Basie
At!nntle ce and Coal, 68 ...... ”
A.l-alc Buel 08 . iicieiesas "
Ga. Rallroad and Buank. Co. .. i
T oo satmacimssionss 00l
NEW YORK CUREB MARKET.
Opened firm; closed strong.
Aectna Ex OW";,;:" 1 mou;m.,
etna P »
Anglo Amh. Oft l;a 18 flag 18
Chevrolet . . 185 176 i 6
Con, Copper . . % 5 W 5%
Cosden Ol . . . 1 T W %
Curtis Aeroplae 11 @ 1 11 12
Houston Oil .. zl 8514 ll“g 85
Ind, Pipe . . 100 lgt 100 105
Inter Pete . . . 20% %o o 2 @2%
Lehigh Val. Conl ‘l 88 k 6 @BB
MOSB 2 28 28
Mareomt ... . 4 4& t 44
Merritt (Ofl . .%@ 24 UNG 2%
Midwest Oil , 143 146 144 146
gaawm lg‘rm. ngupmuz uut 153“
. Amer, g M@ 2%
}?’mo oft + ~A% %xzs 324 :u
rarle Ol . .66 PETO 6
Sub. Boat . 18%5 11% ”% Zg
800 : } oL 30 & llg’o g:.‘
8 0 K. & . i 20 69
BO O . . ."‘ sflfl 265 ?‘270
?‘ :’) ll_;‘.l. e .770 11'!0 ;70 I'lllU
“nion Tank . .1 7
United Motors . *‘“ !‘% g‘ ;‘
Victoria Ol . . 2% i 2 2
Wright Martin @3% L) il 3
Canl BN i i h 148
g’iq:‘um. PORE VR TE L]
ten Rock Off | Ga %
-0 8.X.. 814 ‘%
Normw:n ol . 4 50‘ 4 5
Th B 2 3 a :&
Sapulps . . . % % 7
|
STOCK MARKET OPINIONK,
~ Jehn Moeody: “Wall street houses have
recently beem coming more and more te
the opinion that the market is dra"in.
on s«vmm. The mafket itself looks like
it, cry Ilkeli weé may have a Ill‘g:
spring rise bofl mng sometime during
}}nut two or t «: :ek:." ‘
Clark, Childs & Co.t "By far the mc-‘
significAnt event of theé Week in genera
busine#s is the enlnrrll‘ d!‘m.nd for mons
ey from commercial ehan .i This ‘l‘,
only mean that deplng\cm o .f‘“"'
‘.nnds on helve’ of jobhers and of sup
plics it shops of seme muanufacturers l\x
gongé to the p’llll where business has
most stopped.” L ;
K. P, Hutton & Ce.t “Indications fl
for a better rket. A more hopefu
feeling, #nlummnx out of matters
ahroad &l A _geherally liquidated market
with a big short interest.”
NEW YORK PRODUCE MARKET.
NEW YORK, Feb. 15 —Petroleum, firm.
Crida Pcn‘-ylvnnln.d ‘A.?HO'H“
urpentine, steady, .
nn{n. easy, tommon, 13.50@13.80,
Hides, first. Native steers, Q'II/.."*:
branded steers, 26% @12%.
Coffee, steady. Options mflod un
chatiged, 5 points lower. Rio No. 7 on
TRk Aow D i wlO
ce, firm, Domestie, .
fio!m-un, firm. Bfi'w (gr?enm %un kot
tie,, 76%]2: blaek strap, 18@ 23,
Raw Sugar, steandy, Centrifugals, 7.28;
'mv;{n;nnd-n.nr, 'l.2&'| S e
ofined sugar, unel nna-‘. ne .
lated, 9.00; cut loaf, 10.60; erushed l‘.l {
mold A, 9.50; cubes, 9.76; powdered, ” t
diamond A, 9.80 Sontgolioners’ A, 890,
softs No, 1, 8.86. g 2 18 five points be
flov No. 1, and Nos. 4'B to 14 are aws five
points lower than the pl‘m"\" srade,
Ipnmmn. steady. Nnnrb’ white, 2.75@
6.00; be{mudn‘. 600@7.50; southern
swoets, 2.60@ 3.75.
%h'unl, dull, Ml;row choloa, 11,000
1860 peace choles, 7.76@8.00; red kidney
choico, 12.00@12.98,
Dried fruits, firm. Apricots, cholce to
fancy, 263!‘7: apples, evaporated, pfll‘w
to faney. 17X ®18%; prunes, 30s to 60w,
uu.gum prunes 608 to 1008, 10%@16;
penches, choice to fancy, 13@21; seeded
raising, cholce to fancy, 9% @l3,
FINANCE NEWS,
Hines rc;mn- net Federal rallroad ine
come ®or 1918 fell short of standard return
by $202,136. 602 Incrense in wages to
talled $583,000,000
8 0
United States Hhiprlnl Board fto meet
all rate cuts, but will not take initiative
in reductions,
. - .
British War Mission in United Btates to
Hauldate through sale In open market
$120,000 000 worth of finished products,
u‘ml-rlnl-hwg products and raw matoriale,
left on hand when armistice was signed.
ATLANTA LIVE STOCK MARKET.
(Correoted I!% W. H. White, Jr., President
l of White Provision Co.)
Hll'h‘nd to ¢holce steors, K6O-1.000, 10.20@
v
Good steers, 760-850, l.llalfi 00,
.“\hullum to good steers, 0700, LINO
0,
Modiuth to cholce beef tows, 760880,
S.OOM K. 59.
"Atmllum to good cows, 650750, 7.250)
I‘hm¢\ to cholce heifers, 660-860, 7.0009
AO,
The Above represents ruling prices for
good ?unllty fed eattle, Inferlor grades,
dairy types and range cattle guoted below)
!#--dmm to good #teers, 700.800, 7.509
12.~'!c-d|um 10 gooll cows, §00.700, &0@
Mixed commoen, 55046 60
Good fat oxen, 700 w by
Good buteher bulls, 70090800
Chotoe venl eatves, 4 U"qil 06
Yeariings, 5.00q07.60,
Prihe Bogns, 1606.228, 10,2618 60
Light hogs, 130165, Y1.56401%.0
Hew.y pigs, 100130, 10 785811 %
Jaghit pign. 80-100, 096431000
The above applies to good quality mix
od fed hous
MISSISSIPPI TO CUT ACREAGE
- AND DIVERSIFY, SAYS MARKS
By VICTOR BARRON.
Mississippi is going to diversify crops more than ever before and dras
tically cut this year's cotton acreage. That was the message brought to
Atlanta by M. I. Marks, of Marke, Miss, a former well-known autonmiobile
salesman of this city, but now one of
the wealthiest and most prominent
planters in the Mississippi delta. Mr.
Marks, accompanied by his wife and
children, has just #Prived here from
New York, where he went to regain
his strength following a severe at
tack of influenza. Mrs. Marks for.
merly was Miss Hortense Wasser,
her father being Mr. A. Wasser,
“Eastern business men, manufac
turers and others want to see the
South receive a fair price for its cot
ton,” said Mr. Marks. “Business
conditions in the North and East are
splendid.”
While representing the Ford
Automobile Company here Mr. Marks
led the Southern sales force for sev
eral seasons,
Mr. Marks and his four brothers
own one of the biggest plantations
in Migsissippi—7,ooo acres—and his
share of it numbers 1,220 acres, The
plantation was left to them by their
father, the late I. Marks, a pioneer
of Misgsissippi.
“When my father bought this
flaco he paid 40 to 50 cents an acre
or it. That was 45 years ago. Re
cently we boys turned down $l5O an
acre for it
Miggissippl farmers are going to
hold tight to all cotton on hand and
will deersltthhls year oh the great-
eßt dcale in history,” he said. “Pledges are being signed, and the ones
that don't agree to cut this year's acreage will be given rough treatmeht.
We boys have 1,600 bales of cotton in storage and will not sell for a eent
less than 356 cents a pound, The same applies to the average farmer in
Mississippl. BEvery one has money and those who have none can easily
get all they want at the banks, which are more than willing to help them.
The cotton I have sold from the 1918 crop brought 35 cents and I sold some
‘Adair staple’ for 44 cents a pound. That is the best grade of cotton grown
and measures 1 5-16 inches. - i
“We do not use a pound of fertilizer on our land. It is a black, loamy
soil, and for years there has been nething planted in it but cotton, cotton,
cotto, However, you can bet your last penny that we will grow all the
corn, hay, etc, we need thia year.”
’h\e Marks plantation is in Quitman County, Mississippi, and Is so
located that it almost completely surrounds the entire county, as well as
the leading city of the county, Marks, £3
Mr. Marks sald while he was in New York he visitod the stock and
cotton exchanges and saw traders in both markets tear their shirts
their backs in the excitement. “I didn’t believe that those brokers
did such things, but they surely do,” he said. g
Mr. Marks said he was surprised at the many good roads he has nnd
in Georgia, and stated that he was glad a movement {8 on foot to make
the highways even better. A similar movement is under way in Missis.
sippi, he added,
“Your roads are three times better than those in the State of Missige
sippl,” he continued. “Some of these days I'm goin gto leave my planta.
tion and loeate here, beeause I think Atlanta is one of the best cities in
the world,” he added.
! . ATLANTA MARKETS i
Cone M. Maddox.)
Ivm SN DR .. .. .00 2B
' Baking Powders.
ity e 6, RSN GRS
Rumford's, 1 Dound .....c.oocvvve 3,88
Rumford’s, % pound .....cvovevnnns. 006
Bran.
Piltabury's Medieinal rxmu Bran.. 1.60
California_Limas, 100-pound bags.. .
Canned, lh‘t, 1‘rh:r.......... 4.“
Bull Head §.
ul 34 S.ouho® Liiiinee
Royal, 86, 6-ounce ......::....:: "n
LA Creme, 24, §-ounoe . ..ii.vvunns 500
Cereats,
Post Toasti 36 cklf‘l cakiss BB
eliogg's U:l‘.l’l It‘:-. 36 paekages 4.20
ltllnul Corn Flakos, 3‘ packages 360
rinkle Corn Flakes, 3 rehun ,l!
m Nuts, 2 done;" pachages . &
ury’s Vitos, 1 dozen packages 2.20
| Coconnus,
Arbuckie's, 100-Ib, onsel ..., 4i... 21.0
Arl\w“h'l. 36-ID. CABOB. .\ hiuains l'.;
1 IBbon, 1-ih. SBBN: . .crsssabes
g!”u\un. A 0 PRER ios iasvseine B 8
: Co tubs %
L®mpound, 60-pound tu e g
el speund e o 8
‘ It Lard, 12:48 .. .viuuvnnns
‘ Corn,
\lo. 2 Standard, 24 caDS ...ieiee.. 400
\
Bweet Marte, Belt Rising, 24-Ib,
| -:k- fabs ol Cavtiar: bi s oatazias DD
Sweet Matie, Selt Rising, df-ib ki
l‘mnk-. Plain’ Patent, '24-Ib.
B iy iibaek gl i 12.00
B-Z Bake, Viain Patent, dfb.
SIS iooocienapntiiineysvesibe s9B
Pilisbury’'s Best, 24-Ib, sacks....,. 12.50
Kraut,
Houghland's, 24 2%s .......ocovee 310
! Milk.
Cmnrdl. 96 €-ounce cans ...... 6.50
Carnetion 48 16-ounce cuns ~..,. 7.20
Dime Brand, 48 11-oz. eans. ......, 7.00
Bagle Brand, 48 16 ox. onns. ... ..\ 10,00
Mince Meat.
Atmore's 1-pound bricks ........ .20
Atmore's Condensed. 26-pound kits “
wu-n c.:‘m:f“‘:m. drums . ..., t'
No. '3 Gevrgia T.E..‘ Beache 111110 E4e
ite and Biue, 6 and 100 ~ 1.
M“-nm iy
oL
Wenon, 6 ISPBO y.oossissnssntnsnes 536
Webson, B 8 PIBD ..ivssnibonionses 8,58
| Weson, 3 begallond ....oiusussine, 2100
roned
24 No, 3, Dwart, can shessessss 338
Penches,
No. 2% QGeorgia Pie Poaches .... 350
Molasses,
C-0, Lovisiana Molases, bbis . ....., .38
No. 12, New Orleans M01a55e..,,., .39
Mustard.
34 Tounoe IOIN .iiaeiarivisinns &’0
Libby's, 24 B-OuUNOe . ....ivniuniny e
ODatmenl.
Purity, 18 round packages ~...... 500
Fruit Jare,
HAIf gallons, per gross .......... l"i
QUATES, DEF BTOBS .. iviipirnsisne BE
Pintg, p0r’ruu..........-....... x.l
Caps, Der Bro#s ......cesivsssvsnee 508
Ring®, Der Bross .......coiissvies S 8
Hominy,
H BARR'D, BY DM i anibicenin DD
g » %’n‘c’-m Datter,
24 Beounce jars, Kellogg's .....0 440
Peas,
No. r, extra sifted, 2 dowen . ..,.. ”O
No. 1 Bieve, 24 20, N. X. State ..., & !
No. 8 Bleve, 24 20, N. Y, Btate ... 6.4
Californin Blackeyes, T4-pound bags 004
P "
Durkes's, Black u“::m ’or 100., 460
Hee Brand, 10c, Bisck und ~ 3.60
Black Ground, Lb-pound pails ..., 40
Pork and Beans,
Van Camp's, 48 18 ......covvvues 880
Sugar,
Btandard Fine Granulated Pure
Cane, in bbls. or 1004 b, sacks. ... 560
Sage,
Imbbod, S:pound bOXeS ....i.ies 80
~a’l, l'-'po'und b:n:: reranseans :g
3 hole, 12 balre v 1......- .
l“bk.' 4" r“w“ 2.40
JAbb) B Vesnsbiliiradaden B
ERn e b e 488
Postum,
1 doren lurlv< POGUIRE o uvivsenes .20
!x‘mm. amsll, pogular ............ 1370
Afsortod, roBWIRF . ... ... 00000 880
i dosen large, IHNtant .....c....,. 460
2 dozen amall, Instant ..........., :.10
; Aasorted, mn’:.n.l llré-allu varevy 85,00
z Durkee's Pienie, ?’l AT Wso R
Durkee's Medidmn, 248 ~.......... 590
Libby's 24, Populer diid R ad s 1.50
BT AT T T
LLy e 08
a 4 : ;
B 0t A K
t a 8 3 :'7’.';',: " S
R 3
d LR
S
; s S
T g &% B
ghbs o) S §
i v % : i
‘ . S b 2 A
AR SRS
R § ' Fy ook
P f“ B ¥ o
F;. ' t;,v / :_ : ; "’:.:.,y 2 ‘
foo . / R A
0 R L
5 .:‘:.‘.._ ‘ A i .ly_‘l % < 5
NIRRT T L 3 2y
M. 1. MARKS.
{ DRUGS AND CHEMICAZLS |
MWVMN.M
Ob‘:wu«l 0:1 nganl ‘l_amuum (h..a
mb » I R .“
ticense N 6, O-onina.
Acid Renzole, U. 8. P. Ib,. 2.46« 2.70-
Carbalie (‘é-gnt.. 5P " :
Carbolie, v‘. . o.ien .
Ph'?.paufl:j .%Pfi Weee o o
alicylie, U, B. P, 1b..... .88 L
sm#c. D. ; ?,....... .2%“- i
Tannic, U. 8 P, bl Ve
artario, Cryst., ib...... .l 88
;nflhhc. lgowd.. .0 sl W e
Albnlnl. dena&red. gallon. . . l} Ay
P B proof. galion 0.“- e
Wood, ’l cent, gallon. .Bl¥e
Allspice nfi.b-. D iesaies W 0 REEEES
Alum, Powd, 16, 1110 §3e
Bulsam, Copatba, U, 8. P, 1b 76« = |
(‘OFII”. PPy .. i '
PP 1B Gunertrsoesenyd B 0 ’. 3
PO IR L iiiiiivess.sine Rdß SN
Bark, l\:\yberf(, Wicocensie DEe <lO
;“o‘nmnrm‘:‘(.h b.' SeWesnnbing .l:- A 6
rickly ah, finesasans aßie et
Beans, Vanilla an..n'lot.l'l. 3‘.— 87
xnnmc. Mex. .(.'uu.lt:tn.... ’.E: t..;
Anilla, ur vanes i
Vani'la, -?:n-n.“h....... 180 i
Berriea, Junipef, I .../... .8 . I 8
Eaw Paimetto, gr'nd. ib,. | r il
Campher, ‘c‘munui. 1b..... 438 136
Cassia Bu POV assiisosy oS %
Chioroform, U, & P, by .. 58« lok
Cloves, hala, Lh tssvavas R 0 3
Coumu.yx. l}. ceea s 1598 008 .
grlllhl wrtar, O, ‘WI >R
Imm 8-!8. kAR N e .
Oéugn. . P, drums, ib, .23 vove
A T O e tevn
Gun Tragacanth, Neo, 1 :
white, pound ........00. o.:[. L
o BN Sl s.s-
Powdered, B ........... &78
Leaves, Buchu EBhort, gr'nd, A 7%
POUNE . .avinprritanares Lbls P
Hrnm\‘ T dsaniniibcrnen BB
hy BAR Bbsnn st - . -
&g!‘m &mn savswssdecense .f!-"' o
Kola Nuts, bags, 1b.......,. .20« 4
nu!mi}.-. 106-110 s, 1b...... .I’- A 3
ux Vomica, powd., 1b..... g - 4 §
Olis, Bweet Almond, ib..... 3.00. % .
BN IR . iiiaenecsnins LEIS X
Bemumfl; B seseveciene Gl | ooe
0B s kil vns B 8 l‘
| R I it iabene 3 - 3.1
i oriander Beed, 1b.......3000- ..
gomon. LRIt e
Wbatie, 1101 e &
}’l'ulnrd,| 1b.1b...... shoad Jz ':- l:.
‘ phermint, B ....cOOOOO B
Basaafras, True, 1b....... 2.60 &
‘ Basenfras, Artifieinl, b, 50« i
| Besame, gallon .......... 876 &
Popper, Bifek, 1D,......000s .30« N 4
;Altohoi,\rullon shassscrent K W
‘Hummg. 00.02. cans, 0z.,, .9i= .
oot Hiood, I?‘. goe s bdenh 7;- ‘t
Cohosh. black, 1b,,...000s 13e J
Cohosh, blue, 1b........es 0= L 4
Gentiah: 1D ...chveisenise M= .l;
Ginger, African, 1b....... ‘ls‘- A
Jnlug. M i iiiinnisicivih 0200 .fl 5
Rhubard, M. D, .....000 ‘l‘- AR
Bnake, 18, .icoviiiinvsins JBe ¥
ot ARin: Basvevissistan .l=- "
CArawAY. T soicccoscesy MBS J 2
Oplety, I iocsvisirisene 834 .1;
pu. I Sioabapseissnine aRbNN &
,urm"uwr. BN b enesid ‘lg- gz
Boda, DNenzoate, Ib,. ........ 2.40. &
Dyestuffs: Market on sulphur abd die
rect colors very firm with big demand
All nbove prices are {. o b Nor Yorik
or (ngtory to jobbers and m origindl packs
ages .
st —————
FINANCIAL BURFAU ON STOCKS,
NEW YORK, Feb. 16— Whiie the New
Haven receivership nctivity s regarded os
nothing more or less thian & SeAre dae
signed to foree Miigntion to an |ssue o
connedtion with the testitution proposis
tion, there i® n strong fetl nf in conseryiae
tive e¢licles that a reorganization s the
only nnnf that will pul the concern oiy
Ite feot winde the pdvance of 40 ber cent
In rates has hot done so under the high
woage handiénp, There 'lo now & large
short intorest in the stock
A eontihuation of the bull tmlsn’ rd
tion in the mtock market 18 favofed by
the Intest developments. In view of the
ndvanee in some departments, it may be
the “art of wisdom (o awalt recessions in
those shares before making new Somnits
ments
Tt owill glve you an Interest In & PeNDORe
sible company nuw owning and w.ullu .
targe Caiifornia hog rench. Best of elimate,
zu MG brewmiing eondilions numlfl. pracs
“teal, scisntliic hog mea In Charge e
‘n# saws &
Dere are bl profits In pork. Ad high o 8
2007 has besn made_in #ix months W
ordinary ecendtions You etn uhuo.&
profits o be made undet onr Scleal
vections, Write today—right now--foe
intormation abeut this sppertunity o
your idle money (3§75 of more) o
profitably, Address
The Associnted Swine B
Authoriesd by Commiwlone of
Sth. Fieer, Flatiron Bidg, San Frasshes