Newspaper Page Text
‘March Cotton Booms 200 Points Then Takes E;ctreme Drop as Trade Attempts to Even Up; List Reacts From Record Prices
s
§
A A AAN AN AN PN AN PPN
By VICTOR BARRON.
Atlanta bank clearings Thursday ..... ... ..... $7,835,792.02
Bamsday lastyear ... ... ........ .. ... ..... 8,04874096
——————
BoLi e D S
BN U I WeRR ... ~ ... o D oM T e
R WNLT v o e s I
- - * 3
Atlanta spot cotton Thursday..... ... ... ... ...... 28.10 c
DRO DM AR o il
TN PR RS JOIE ... i b v
BST L IR
-- - ‘
Atlanta cotton statement T hursday: |
1019, Last weelk. 1918, 1917,
4 Beohute ... ... ..., 889 476 1,650 190
Shipments ... ..... 618 466 1,623 128
U ... 0 24,404 54,2569 72,965
e .. *1,290 1,475 iy
)* - -
The feature of the cotton market Thursday was the sensational fluctua
tions in old style March contracts on the New York exchange, the option
surging the full maximum permitted in any one day’s trading, and crashed
prmessmersemamereeenn 110 UL minimum as swiftly as it soared. The violent
7o ~ £ change was the direct result of aggressive bidding for |
RSN (¢ option by Liverpool shorts, and when longs finally
B decided to let go shorts backed away, allowing the
A [ option a clear track. |
§A n ¥ Liverpool was a heavy buyer of all old style options ‘
L e ®in an effort to reduce outstanding short commitments.
¥ # {8 They sold new contracts to some extent to offset Dur-‘
Ve |LB chases of old options.
s & Wy First prices on the New York exchange were 45
8 38 Doints higher to 5 points lower on old positions and 7 to |
A ¢ ' points higher on new. March started at 26.70, then 1
d i Mke a bolt from a clear sky it boomed to 28.25, or 2
T %;( ‘ents above Wednesday's close. This started other op
‘}',' e ¢ tions upward, and before the end of the first thirty
o o b minutes of tradin® other old positions exhibited a net |
o M 8 zain of 25 to 71 points, with July in the lead and reach-
MmN —— o 2351, New contracts rose to a net gain of 35 to 59
points, All positions stood at new high levels for the movement. with
March at the top and standing 640 points above last Thursday’'s low-—21.85.
May (new) rose to 24.64 against last week's low of 21.75, and October
touched 22.40, or 3 cents above the bottom a week ago, when trading was
commenced under the new measure.
There were less sensational movements in the New Orleans market,
old contracts rising to a net gain of 45 to 58 poigts and new options 41 to
U 8 points, with March (old) reaching 27.20, May 25,13, July 23.75 and Octo
‘\ r 2120. May (new) advanced to 25.30, July 23.84 and October 21.78.
It is pointed out by the trade that old March can not be gold against
spots, so shorts are in a bad way in the current month.
Ove of the principal reasons for the vigorous rise in March was the
stubborn attitude of longs, who stood pat. It is the belief of the trade that
fluctuations similar to those occurring in March will he witnessed in other
positions before they finally are liquidated. The Bureau of Markets has
* aliowed the trade until the end of April to close out old contracts, and
afier May 1 they can not be closed out except by the actual purchase or de
livery of the raw material.
ATLANTA LIVE STOCK MARKET. |
(U, 8. Food Administration License Ne. |
. No. G.-21571.) |
(Corrected by W. H. White, Jr., Pres. of |
White Provision Cempany.)
Good te choice steers, §6O-1,000, $10.50
@11.60,
Goosd steers, THO-850, $9.50@ 10 40 i
s Medium to good steers, 650-750, $2.00@ |
.50
Medium to cholce beef cows, ':.',».5:.0.’
$2.5069 00 :
Medium to good cows, 6350-750, $7.50@ |
a 850 :
Good to choice heifers, 550-650, $7.50
@350, |
The abeve represents rulinug prices for
good quality fed catti Inferior grades,
dairy types and range cattle gquoted be
low,
Medium to good steers, 7TOO-800, SB.OO
@9.00
Medium to good cows, 600-700, $7.00Q
£.OO
Mixed common, $5.50@6 50
Good fat oxen, $7.50@8.00.
Guwod butcher bulls, $7.00@ 5,50
Cholee veal calves, §7.00@ 8.00
¥ riings, $5.00@7.50
Prime hogs, 165-225, $13.60@14.50
Light hogs, 130-165, $§12.50@ i 350
Heavy pigs, 100-1300 $11.504912.50
Tight pigs, 80-100, $10.504611.00
The above applies to good quality mix
ed sod hogs
. i _. . & A
ATELANTA PROVISION MARKET.
(White Provision Company, United States
Food Adwministiation License No.
G-21371.)
Cornfield hams, 10-1" average ......34
Cornfleld hams, 12-41 average ......34
Cornfield skinned hams, 16-19 .., 36
Cornfleld pienic hnms, 6.8 23 I
Cornfield breakfast bacon ... "
Cornfield sliced bacon, l-pound boxes )
12 to case ¥ 5 §7 !
sirocer's bacon, wide or narrow % |
Cornfield pork ssusage fresh link or
e, ; : "
Cornfield wieners n 10-pound car- ‘
tons ..,., 22
Cornfield wieners in 12-pound kits in
plokls ...... #5 . 3.25
Cornfield Bologna sausugoe tn 26~
pound boxes ........ oon 184
Cornfield smoked link sausage In 26- |
pound boxes ....... . ) o
Grandmother’s pure leaf lard in tierce 1
DR e i ¥ .. 28
Country style pure lard, tierce basis. 261§ |
iAoy ‘
<
ATLANTA COTTON SEED PRODUCTS.
U. 8 Fixed
Descriptians-. Prices i
Crude oil, basis prime 4 17
Cotton *ead meal, p © commey $35.00
Cotion seed men!, 7 p. o Gherg
& commoy jate point 00
Cotton seed hulls, loose 16.00 |
Cotton seed hulls, sacked nominal |
Linters, clean mill run ............5 467
i
\
'T — |
\
How Fortunate It Was for Her
s \
That Sshe Went to the One
\
' '
Price Dental Office, Atlanta,}l
to Have Her Teeth Treated. 1
S z
1
Bome time ago Miss Bob Roberte, of
Pine Log, Ga,, realized that she want
e mome dentin ridgework. And as
%604 vould have it, she came to
Atlanta, and visited th Onas-Price
Deaptal Oftics, 104 Whitehall atreet, |
conor of Miteholl, After she got home,
#he wrots a L r in which she said
“The thirteen-tooth bridege that you
put in for me abhout fourteen months
ago is ). K Has given perfect sat
sfaetion from the first. According to
the way work is charged for at other
piaces, you paved me about 330" 'The
One-Price Dental Oflic hag bhecome
gulte a gnthering. place for the peo
ple of Georirin whose teoth need troat.
ment, and they always get wh they
mont wan! ptisfacior work nd
reasonshle mone wing price i
| Four tecth need attention, you hould
*iult the One-Pricg Dental Oilice anld
have them treated by one of the ex-|
mncnd dentiste there, Call any
Examination free.-—Adv.
During the second hour a wave of
hecavy profit taking appearecd, withl
the result that practically the end!
gain was wiped out, May, new, re'!
ceding to 24.12, while July broke to“
23.15, or 20 points net lower, and Oc
tober declined to 21.90. Old, May, re
acted to early low--2308--and July
dipped to 23 cents. |
l The market held strong during the
afternoon with old March option ris
ing to 2675 just before the close.
Fnal prices were unchanged to 50
points higher on old and unchanged
to 25 points higher on new. New Or
leans new contracts closed 25 pointg
down to 21 points higher, and old
finished 5 to 8 points higher.
Atlanta spot cotton was guoted un
changed at 2810 and New York was
20 points up at 28.30,
«xports Thursday were heavy,
amounting to 43,258 bales. |
The most important item respon
sible for the present buoyancy of the
market is the growing belles that
peace will be signed in the not dis
tant future, thus removing the em
bargo on the stapie, allowing world
wide competition for the commodity.
The trade realizes that the world is
bare of both finished goods and the
actual, especially in Central Europe.]
and that just the moment the ban is
lifted mills here and abroad wlll]
clamor for cotton. It is reported that
New Yorkers already have arranged
for the purehases of a big supply of!
| cotton for Germany and that it will
{be sent her immediately after the
| signing of the peace treaty.
Wednesday it looked as if the skies
would clear, but Thursday the
weather map peointed to a resumption
of rainy weather, which further will
greatly retard new crop preparations,
which already are more than a month
behind in practically every section of
the belt
t With the acreage production move
iment growing stronger daily and
| holders of gpots standing pat, it ap
'pears that the bulls again are in the
| raddle and will remain sented for
some time to come. Of course, tem
porary reactions as the result of prof.
it taking are to be expected gnd de-}
sired in order to keep the technical
position of the market healthy,
The bear crowd are beginning to
fight back in the way of propagunda.
Their latest “dope” is that the rise
in cotton will encourage holders to
turn their staple loose and stimulate
farmers to turn cold on the acreage
reduction question and plant a big
crop. But nothing doing, Mr. Bear.
This acreage reduction is going over
big, and don’t you forget that. And,
furthermore, spot holders are main
taining an air of utmost independ
ence and will not dump their staple
on the market at present prices,
which still are far below the cost of
production. Don't think for a mo
ment they have gone through several
months of “sweating” for the mere;
sake of “giving in"” at 28 cents, nor
any 30 cents, for that matter, Thirty
five and better is their goal. .
LEGAL NOTICE.
——————————————————
NOTICE TO PAVING GONTIACTORI.;
Bids addressed to the Commissioners
of Roads and Revenues, Fuiton Coun(y.‘
Georgia, will be received by the under
signed until 10 a. m., March 15, for
paving the following roads: |
Paces Ferry road from Buckhead o
Hmzml Mill road, about 84,000 squars,
ards. |
’ Marietta road from the end of the car
line at Inman Yards to the .\lu.wtm(
car line ut the river, about 26,000 square
l yarde |
Cuseade avenue and Cordon street |
| from Holderness street to the Sewell
| road, about 30,000 square yards
| Onscade avenue from the Sewell road
to the Fairburn read, about 27,000 square
yards, i
The Hapeviile road from the Bast
Point depot to Fulton avenue in Hape
ville, about 26,000 square yards, °
The puvement to be of concrete, |||
tuminous concrete, vitrifled hrick, or
patented piuvement, such as vibrolithie
t or bitulithie. ]
! Paynient for the work ito he made
in cash, in acvordance with the con
traet.
i im‘h‘ i 8 reserved to'reject any or all
bigs, :
For further information apply to
B o HOLLAND, J
rohasin 5
MARKETS AND FINANCIAL
[
NEW YORK, Marech 13.-—Liverpool
shorts ran oid March contracis up the
limit of 200 points to 28.25 at the open
ing of the cotton market today and
were heavy buyers of all the old-style
positions in an effort to reduce out
standing short accounts. To some ex
tent they resold the new-style contracts
The start was very irregular outside
of the 200 point rise on March old style,
'lu-h»mr was 20 points lower and other
positions 20 to 28 points higher New
styles opened 7 to 30 points higher
Later, new contracts rose to a net gain
of 32 to 59 points, and old contracts 23
to 71.
During the first part of the second
hour of trading longs relaxed their grip
in March and sherts backed away, thus |
causing a drastic slump-—2OO points from 1
the early high. Other months reacted
to last night's close on realizing. Of
ferings met ready absorption.
NEW YORK COTTON (Ol). 1
Aot ot et e
-10 pen. iHigh | Low. |l.Salel Closs /Prv.Closs
Mch |26.70128.25/26.26]26.75(26.25-27/26.256
May 124.00/24.40{23.83/23.98/22,98 123,92-24
Jiy 125.10{23.61123.00{23.05{23.01-16/22.80-83
Oct. 21.60122.00/21.40/21.75/21.70-80/21.60-75
Dec [21.70(22.25 21.70{22.20{21.75 {2l 6 !
Jan | .. cbepecleanl.. . 12165 21,60 -
— NEW _YORK COTTON (New).
—_lOven.[High. | Low_[LSalel_Closs. Pri-Ciows
May 24.40124.65/24.00/24.31/24.30-31/24 0»’;-!01
Jly |23.80/23.75/23.10{23,40/21.35-43/23.35-40 i
Oct 22.06/22.40/21.85{22.14/22.10-16{1.95-22 |
Dec |21.75/22.17]21.95/22.17|21 85-95/21.65-70
Jan i22.10122.15(.....121.85{21.50-90f....,... !
Closed steady.s e
NEW ORLEANS COTTON (01d).
—_lOven.THigh | Low. [L.Salel _Cimo._[Prv.Cioes
Mch [26.80/27.27126.50/26 86/26.50-80/26,25
May [24.50126.15/24.50/24.68/234.68 |24.55
Jly 123.30(23.77(23.55/23.88/23.38 e:::.l'.'
Oct 120.80121.20/20.80120.75(20.756 |20.70 1
B 1), | i 120,40 120.42-48 |
ottt sR R i S4B
NEW ORLEAN COTTON (New). 1
—[Open. | High. | Low. |L.Salel_Glose_[Pry.Clow,
Mch | j bososh oo AIBRO " | 000
May |24.90/25.30/24.60/24.85|24 50-83{24.72-74 ‘
Jiy [23.36125.84(23.20{23.99(23.37-39/23.33-36
Oct [21.50120.78121.25/21.45{21.45-46]21.37
Dee [2llzil “0121.00{21.16(21.15-16{21.10-13
Closed steady. S ‘
LIVERPOOL COTTON, |
LIVERPOOL, March 15— Cotton futures
opened steady today Spol cotton was.
Guiet, prices steady; sales 4,000 bales. J
American middling fair, 17.43; good mid
dling 16.10; muddiing 15.47; low middiing |
14.42; good ordinary 12.90; ordinary 12,37.‘
Futures opened steady.
Prev. ‘
Open Close, Cloge
Mareh v, . .. 16.40-16.52 16.36 16,08
April s i 15.55-15.74 15,68 15.22
SRy L 14.17-14.21 14.24 13,80
{ June 1405 14.04 13.6:
July 13.80-13.79 13,83 13.45
August 13.60-15.60 1361 1330
September - . 13.45-13.41 13,36 13.10
i Closed steady \
SPOT COTTON.
Attanta Commercial anotes
busis good middling, amwm
wiy, YOO bales, ‘
New Oricans, middling, 27%; sales, 776;
arrive 789,
New York, middling, 2830,
Liverpool, good middling, 11.15 d.
Savannah, middling, 27.
Augusta, steady middling, 25%.,
Boston steady, 2810,
Philadeiphia, middling, 28.35.
Charleston, middling, 26,
Norfolk, middling, 25%, "
Memph!{t, middling, 27
Bt. Louis, middling, 27
Dallas, middling, 26.85.
Mobile, middiing, 25%.
Montgomery, steady, 2634,
Galveston, middiing, 27.60,
Houston, middling, 271,
Little Rock, middling, 26%.
e e
COTTON PORT RECEIPTS,
The following table shows receipts at
the ports Monday:
| 1919 i 1918.
New Orleans . . . 4,156 7,178
Galveston . , by 4,059 6,668
Mobile N e 7 2
Sovennab . . . . 2,610 2.414
Charleston . . . . 8- 3 167
Wilmingten . . , . 904 220
Btk . .0 1,691 1,640
Boaton . . . . ... 256 T 2
J:Lfi__—q_—__'__‘.!.. ,1.3“03, ,_.L_ls.l:’_h.l.—.
_INTERIOR MOVEMENT,
U e T e
Houstos . ~ , . 3836 3,812
AUEWIN .s.G ) 821 2,624
Memphis . . 1 ', . 3,085 6,216
BLoLows . ~ o 4,865
Cincipnatt . .-, . .} s i 1,298
Little Roek ... .1 631 | »e
Toßsi N L ) 8,562 i 19,261
e e e e ot
NEW YORK PRODUCE MARKET.
“NEW YORK., March 13--Petroleum
firm: crude Pennsylvania $4.00,
hrrontun steady, 05170
Rosin steady, common $11.20.
Wool unchanged. "
Hides firm; native steers 273%@%8%;
branded steers 254 @264
Coffee {(irm, options opened um-h-ngwl
14 _points higher, Rio No. 7 on spot 16%.
Rice dull: domestic §% @ 10%
MOLASSES, demand improving; «New
Orlcans open Kkettls 6@ 82, biack strap
15§17
Raw sugar steady, centrifugais 7.28; mo
lasges sugnar 728,
" Refined sugar unchanged; fine granus
lated 9.00; cut loaf 10 (’I crushed 10.26;
mould A 9.15; cubes 978; powdered 9.15;
diamond A 950 confectioners’ 9.00; softs
No. 1 8.85. No. 2iß five points below ' No.
1, and Nos 3 to 14 are each five points
lower than the flrncsdml Brade,
Potatoes weak; nearby white 2.25@4.10;
!.hxrnv:’udu 6.00@010.00; southern sweets 2.10
Beans easier; marrow choice 10.25; pea
choice 7.25; red kidney 11.25,
Dried fruits sirong; apricots, cholce to
faney, Ibfifl: u‘;:uln, o\-uyorutod. prime
to funr‘g. TROI9; png‘ 08 to 608, 16%
@2O; 605 to 1008, 10K @l7; peaches, cholce
to fancy, 15@ 21 seeded ralsine, choice to
faney, 934 @ls,
CHICAGO LIVE STOCK,
CHICAGO, Mareh 13.--Hogs, estimated
receipts 26,000, market lower; bulk 19.20
%u.w; top 19.80; buteher hogs, heavy
10.00@ 19.80; he:w{ 18.26@19.00; medium
and mixed 19004 19.81; Hght lklfi%ll.io;
pigs 17.00@15.25; roughs 17,208 18700
Cattle, estimated receipts 9,600; market:
steady; beef cattie, geood echolce u.':fi?
20.25; medium and common 10.66@16.75;
butcher stock, heifers 1600815.76; cows
TE6@15,00; canners and cutters 6.00@ 7.25;
stockers and feeders, good choiea 11 264
16.26; medivm ur.rfm:ea. vesl calves,
good choice 17 W? 8,00
Sheep, estimated receipts 14,0003 mar
ket steady; shorn lambs, cholee and prime |
10,75019.90; medinm - and . good 18,80 I
19,76 spring lambsa, good choice 1K nog
15.20; ewes, choice, prime 13.60@14.96; me
dium and good 11.20@ 1385,
S 4
BT, LOUIS LIVE STOCK MARKET,
BT, LOUIS, March 10--Cuttie receipts
2,000; market strong: native beet Mn-nl
1L.B0@18.60; yearling beef steers and heif. |
ers 9.50@ 1600, cows 106013 50; stock. |
ers and feedors 10 00GF13.60; cnlves 10.004
18.00; fuir to prime yenrling beef steers
10.004018.00; beef cows and hoifers 7.506
16.00; wouthern prime yearling steers and
heifers 6.50@8.00 ]
llofu, receipts 14,200 market lower;
mixed and butchers 10.15@19.56; wood
u.wzzno; rough n,ou;;,lx.«w li!hu
“'93 1975, pigs 16,008 18.26; bulk 19,260
30,
l'mur. rc-:u;n- 1350, market steady;
Soomn.oo, aibe 18 TSR TRIg T CTOPPes
V 00, lamn B i
Y
JACKSONVILLE LIVE STOCK,
Hogs—Receipty mediuin, l'mq\.ru
strong, Extea chaics, heavy, 14.2801 |
14.60; ordainary ehoice, hoavy, 13758
.26, roush honvy, 110081350, I-an.l
ll,fifidfifij 00 pigs, 8.50@ 1000, %
Caftloe- 1y r’elf!l Hght. Prespects steady,
fltl!fll"s. 7‘!5}?.!.;&.;’ bulls, :,::Q.HG 32;
yearlings, - i tows, X 11.00;
B e B
2.00; . 4.50 up,
& , v = '\
t; Packers’ Sales Break Al Records
{
l Gross sales of the five big packing companies during their 1918 fiscal
vears aggregated approximately $3,217,660,971. This huge sum is by far the
largest volume in the history of the industry, and an increase of 60 per cent,
‘compared to the previous year.
} Net profits on this enormous turnover aggresated $51,631,315, or
slightly under 1.6 per cent. Dividends paid out during the year total $13.-
961,185, Syrplus earnings available for the common stock range from 14.7
ver cent on Armour stock to 140 per cent on the thinly capitalized Morris
& Co.
| Below is the consolidated income account and balance sheet of Swift
& Co., Armour & Co., Morris & Co., Wilson & Co. and the Cudahy Packing
Company for the 1918 fiscal year:
*Swift, tArmour, Morris, Wilson, Cudahy.
Gross sales .. $1,200,000,000 $861,000,000 $470,000,000 $400,000,000 $286,660,971
Net profits .. 21;167,277 15,247,837 4,217,858 7,631,636 3,376,808
Dividends paid 9,000,000 2,647,887 300,000 733,348 1,380,000
Per cent earned
on capital em
ployed: ... ~ 9%, 9% 7.83% 15,189 10.20¢;
Per cent earned
on common
N 14.109 14.7% 140% 34.49% 24.409%
BALANCE SHEET,
ASSETS.
Real estate,
ATUORS . osiis e 10,299,290 $ 31,184,709 § 29,704,062 § 16,761,552
plants, etc. .$ 79,247.567 §$ 70,734,591 5,819,337 1,481,740
Cars and car
Investments .. 39,298,452 57,267,643 6,146,087 8,625,868 2,093,936
Good will, ete, . Nk ail . 11,371,284 S A
Oash Lol o 10TS . e 7,986,307 £.844,060 4,446,624
Bills and notes
receivable .. 105,691,462 91,063,092 19,229,342 26,243,083 19,267,330
Inventories 179,060,614 150,380,067 41,869,606 43,762,852 43,266,288
Prepaid items. . sin i 604,042 763,695
Capital stock: im
treasury .... 36,689,302 SRR Ae i
Totals ....$ 451,063,081 $404,286.350 $112.225.351 $129.165.244 § 88051160
LIABILITIES
Capital stock .3 160,000,000 $103,725,400 § 3,000,000 $ 30,476,400 § 20,000,000
Bonds and de
bentures .... 30.926,000 106,274,600 10,700,000 40,080,000 18,478,300
Reserves.. .... 33,217.478 9,341,460 10,112,719 2,500,000 2,785,412
Surplus ....... 84,676,178 69,366,799 52,823,863 19,789,232 12,493,077
Bills payable... 120,577,796 90,136,091 31988054 30,397,576 $33,936.468
Accts. payable. 41,250,005 25,442,008 3.434.213 5,518,080
Accruals ...... 510,443 166%500 303,955 387,912
Totals ....$ 451,063,081 $404,286,350 §112,225,351 $120,155,244 § 88,081,169
*Thirteen months, {Fifty-three weeks. ilncludes accounts payable.
New York Stock Quotations
Market clsed irregular.
Total stock sales 1,103,100.
Total bond sales $11,223,000.
STOCKS— IHigh| Low. ;ynl‘_s_tglln 1
Allis-Chalmers . .| 363 34%| 35 30%
do pref. . . !su i an ol Javsk WD
ADin. Bin G... .. ‘l2 18 12 12
Amn Agrl. . .....[106% 1.0& 104% {lO6
Am. B. Sugar ...| 73%| 73%| 7312{ T3%s
Amn. Can . .....| 8% 47 43 7%
do pref. . . . 4 .oood Laaa) ...l 1102
lA.mn‘ Car Fdry. 1| 9833] 93%] 93] 93%.
Amn. Cot. Oil ..| 473! 47 47% ]45
| Amn. Loco. . .....| 68%] 67 07’»5; 87
\ 4 . . , Pkl was s AOS
‘Amn. Smelting . .| 69% 69%!| 68 | 70
' Amn, Steel Fdrs, |1 86 ll!&l 86 86
Amn, Sugar Ret. . 119411814 118%{120
Amn. T and T., (10716 107 107 1073
Amn. Woolen . .| 66 862 6615 658
Amn. Linseed . .' 478, 47 47%| 46
SR PUNE & i s il farelaciil lot B
At. G and W. L ,[109% 1094 101 u 108
Amn, H. and L. . .| 19 18 18 Ty
do pref, . ...no& 93141 99 |9%
Amn. Int. Corp. .| 69 66 691 67
AME. TV o sviodl 00l vivsh iss - DOOO
Amn. Sum. Tob. .. lll& 116141114 (116
Amn. Ice . ... .. 46 46% | 46% |47
Awmn, W. Papor o of wesed vass] seail 388
Alloy Bteal . .i.ief sassf arssf wnss] 42
Alabkn GOIA o o+ o) caved doiil warsl %
Anaconda . o+ ....f 62 61 615 62
Atchison . . .....| 93%| 93%]| 92%| 93
At Coast Line ...} 97 |97| 97 i
Baldwin Love. . .| 89 ld:z 885 l&&
Bal. and Ohio ~ .| 19%! 49 49315 40
do prel. v of sl wsend ssvit R ‘
Booth Fisheries .. ‘ was=l 398
Barrett Bros. . .l)'& 120% (1203 ..
Beth. Steel 8.,.| 6 66 fita 66%
Brook. K. T. . .| 24 | 23%] 23%| 2¢
Butte Buperior . .} oo ] cove] vao] 188
Butte C. and B« o] ccosf ssorf ssoef &
Cal, Petroleum . .| 27 27 27 27%
do pref. . . .| T4%| 743 T4%1 T 4
‘(‘.an. Pacific . .../184 1163 (164 {163
Ches. and Ohio . .| 50%| 5814} 5% 8914
CL TR N W s ol seisd seend saea] BT
Col. F. snd L. ....| 413} 41 41 41%
G, M. and StOP. D[ 40 | 3841 40 | 895
do pref. . . .| T3%| T2} 72| T 34
Chino Copper . .| 3403 | 34% | 343%| 34%
Consol. Gas . I ' irist RO
Corn Products ...} 2% | 60%| bl%] 49%
do pref. . o) soiel i fol 1008
Crueible Steel . .| 6§%] 643%| 68%] 674
!Cuhun A. Sugar Lo 174
Cuban C. Sugar ..} 23%) 23%| 23 %] 234%
do pref. . , 76 T4%]| 76 T 4%
Cast Tron Plpe . o] i o ssao] Ssas] 303
wrnilnd Leather . ’ 0% 67| TOY) 6714
Chile Copper . .| 18%] 18%] 18101 18%
Chandler Motor . ./128 126% 125161120 %%
Columbia Gas . .| 4511 456% ]| 4635 454
Qont. 0D . -+ ol siesk sess] oesvl TD
(el an@ Huld. . )il e i
' Dist, BSecurities . .| 63 6114] 63 2
i Xrle | . e T YT%L 1T 1T 5
| do pref. st . ' 29%4| 201h| 2015 Jny
General Klectric {1568 (158 1568 {l6B
General Motors ..(162%{150% (161 %160 y
Goodrich Rubber . "QIK‘ 68 68151 68
Gt. Nor. pret. ...} 84 93%) 3% 94
Gt. Nor. Ore o .| €4 | 3% ¢4 8%
Gt, Western pref. " cinef owen cevs] 20%
Gulf States Steel . s 3 684
1l Central . ‘ 9934 | 9034 | 9K 871 y
inspir. Copper . . 41% 405 u; 47
Interboro ..l 3% 5%l & 5:2
do pref. . . . sufiav s e |
Ind. Aleohol . .4;103 l“m““& m:z
Int. Nickel . . ...| :m’ 25y | 254 28
Int. Agri. Corp. { ....{ .. 5 i d 15'.2
Int. Paper ... ... 48%) 4815] 4635] 48§
Kan City BSou. | 2081 2085 204 204
Kelly-Spg. . . . [MIB% 1161 (116211185
(i APt
g COTTON NOTES 5]
b !
Port receipts Thursday are estimated st
11,000 Lales, against 2.062 last year.
4 09
Precipitation was generally \light Wed
nosday and confined to extreme southern
Florida and the North Pacific coast. Goen
ernl rise in temperatures over the central
valleys.
*. 80
Liverpool was due 36 to 44 points higher.
The market opened steady at 32 to 37
points up, At midday the market was
steady at § net l.d\'l.ne!.o( 23 to 12 points,
The Times-Pleayune says: ‘““The active
ity developed in the new style contracts
Wednesday indicates that the strength of
the new form Is beginning to be more
fully appreciated, The limiting of the
number of tenderable, grades to ten, ale
though excluding the low grades and the
great majority of the tinges, makes the
contract more sttractive to spinners, aud
by bLringing the parity of futures more in
accord with spots should eventualiy im-
Irrmn the demand for the actusl. Trad.
ing war active, not merely in old cone
trmets, which are being iguidated, but
in new contracts as well
. “The many indications of the near ap
‘D'nlu'h of peace and the resumiption of
unrestricted trade throughout the waorld,
\lm:!udln. the activity and buoyaney of the
#tock market were largely responsible for |
the good advance New York reported
bthut there were Siready rumors there of
the purchase of large amounts of cotton
| for German mecount to be forwarded as |
[mmn as conditions permit, As Central Ku.
rope i completely bare of cotton and cot.
i'”" goods, it i® only remsonable to exs
peat that there will be a liberal fove
[ ment of the staple in that direction as
4oon ux the blockade 18 removed,” |
e
g ¢
i
.+ WEATHER FORECAST |
eA A AP AP NI I 05
WASHINGTON, Mareh 12 The wenih.
er in the south Atlantic and east Gulf
states will be generally fair tonight, with
considerable cloudiness Fridey
The temnperature will not change mate
rinlly in thesn districty,
} Porocast By States,
North Carolina and Bouth Carsiing;
’l'nr(ly elovudy tenight and PFriday, net
much chunge in temperature
; Cieargin Claudy tonight and Priday;
not inuch ehange in tempsritut
Floriia Cloudy fomight and Friday
probabiy rain i south pertion
Alabama and Misstssippi: Claudy tos
Ib*ht and Friday; mild temperature,
“onesser: Cloudy topight and Friday;
Bot much change Ib lomperature,
i
/R
STOCKS High | Low Saie i Clom
Kan, & Texas . ! T e
Kennecott . ... .| 30%) 50%] 304! sow
Luack. ®eel . ...l 70 70 70 70
Lehigh Val ... ~ | 85%/ 66%) 66% | 63
Lownd N O D
Maxwell Motors ~| 37 37 137 36
do Ist pref. . .| j rsil ans ok BF
Misa pac Chew) || a 1 84| 243 134
=B, Pac. p . ? 2
Mex. lsatwhum % .}l::a\:u:gl&:lgzk lggs
.l L
l do pref. . , .1109 ‘.IM iwnugm
Miami Copper . || 33! 33 | 3| ix
lami . ] B3NI 89 3 23
Midvale Steel . ..{ 457! 40! 67 4814
TS TR L el e R
Nat. w o ol 50% 0% M:a! sly
N. X 1 . L] 8% 7641 78 I"
N.Y,N.H & H. .| 32 | 314! 315 a 2
:u. I‘4“‘? ¢ ranma] sl o] aaes 1:2
Nor. Pacific’ . "111} 04 Jm«.’ ':ui 2
BTN AW el ....t.u.s:oa
Nev. Con. Cop. .. "\‘ 1638 | 'IC“ 16
N. Y. Airbrake ..! 39 Slh, A 8 e l‘%
Pitts. W. Va. Coal 31%1 36%! 36% !37
Petnsylvania . . .| 44% ] 4451 4451 448 y
Plerce-Arrow . .1 45 |44 | 4475 4455
People's Gas . . .| | 48 | 48 4% 493
Pressed Steei Car .| 704 69% 69451 70
Pittsburg Coal . .| 4853 483 4814/ 48%
TaNman On. o . ... eo] sons [ R 20%
Ray Consol. . , .| 20%f 20 |2O llo'
Readi osy e oaf BBN Il;»t 85341 847
Roy&l.suteh . e wf MG 92 03y ’S;é
Rep .Iron :St . .| 8314 §2 n;[ 52
Rock u?‘uA. w 4 z;}z ;:u ;; 25
do " s el l 7T
do ';:!d & u& l!i;z‘ 6514 Gfik
Ry. Steel Bpring ..1 5215| 79% 824 78
Sears Roesbuck , .| ....| ..., cee0(173%
Sloss Sheffield ". .} ....| ....0 ....1 5843
So. Pacific . . . .{IOB {lO2 1103% l.l&j
aout‘;mrnmny. 8o ”%' "‘Ali 29% :‘O‘\&‘
o v mal sl aeeat ey
Rtudebflfier « o ow +f 66261 621 63041 62
Sipelatr O 1 . , . .| 38%| 36%! 37*. 3!:3.
BEREENEE. AV o -1 00 siid s 10
Bwift & Co. . . 1129 NN 1128% {l2oy
Tobacco Pdets, . .| 8841 56%! 88 §TH
Tenn. Copper . , . ' veesf 12%
TRQ A¥: ¢o 8 i)l il ER
Texas Olf , ~ . .[214 l:ol 200141207
Texas Pacific ~ ! 3391 33 33 3314
United Fruit . . /1173 1173 1173 173
‘Unlfin Pacific , . 1130 y 1»* 130 (130
U. 8 Rubber ~ . .| 83%| 8] 82%! 81
‘ 80 B 8 .oo o) iiis ~...,,Jnu
‘U. 8. O{‘nl oeow GUOTYL 98Y 065! 06
| @ W 8 . el s el
11. 8 Cigar Stores.] 134% l.’(!'.g 137% 1134
Utah Copper . . .| T3K| Tl4| 71%| 728
V.-C. Chem. Co, .| §7%) 67 '| 67 | 6744
ALCUIT I 11 1 I 1
| do pfd A.. .t 36! 2dul 24! a 8
Sreat. - ME. ..s o) i s l 'll?‘ayfl
Western Union . .| 88%! 855/ 83y | 88%
‘\\‘Hlyl Overland 128 | 27‘.“ :7%!\ !;"
‘Wnolwnrh v % ]“*» "” i ‘1“3&
Westinghouse . . b 5o |
White Motors , . !N ‘fw‘q i?.:: M&
Wilson Packing Co S i W
BONDS,
et e A A
U. 8 Lib 3%s . . |9B .54/98 54198 54/98 .60
It .., ;N.lo%!.soauaom 30
do 24 ds . « 193 84'93 £4/93.54/93 60
do Ist 458 . 194 5004 60194 50/94 60
do 2d 4w . .[93.70/93.70/93 70 83 82
' do 4th ¢4s 85 96193 981043 . 96/95, 04
Anglo-Fronch bn | BB} ooy| 864! .. ..
e I P P i it
[.»Wm..m.._._w
Ligquidation of the Wright-Martin Anro-}
plane Company is expected before July 1.
The company has cash and cash assets
equal to about $l4O a share on the vrm‘
ferred stock. That stock will be retired
at a very satisfactory figure and there
should be about $6 & share pald to the
common stockholders. It is probable that
the patents of the company and lucl!‘
Asscts as may be léft over will be used
as & nucleus of n new company with mod- |
est capitalization. The company hu‘
abandoned its pian of puttiug out a new
automobile. 1
e
The American lce (.‘ommng is under
stood to have made fully $606,000 lmn{
winter because of the extremely wmild
weuther, Notmally the eompany ioses hull‘
4 milllon in & winter season, Thus the
company is u milllon dollars ahead in ae
tual cash in addition to which there is no
store of natural jce te compete with its
arthicinl tmmuvt. The wsituntion in ies
s unusaally good
.y » 1
General Motors s understood to have |
between $75,000,000 und $80,000,000 cash in
fts treasury. Of course, n great part ot
this will go for taxes, but the important
thing i that the company has excoed.
ingly light stoek of material on hnmlv‘
The nature of Its war work made 1t une
necossary for the company to curry m-nvy‘
inventories. Now, with prices lower the
company has the cash with which to by
a 8 neeedl, This s a great advantags
and with the quickening of the sutonio
bile business should mesn much to the
astockholders, ‘
5 v |
Distilfors reeont shurp upward moves
ment s based on the company's plane
for making lguid sugar. 1t may be that
the compuny will go even further and
makes candy. 'The couttry I 8 hungry for
eandy, and prohibition will mesn the open.
it of thousands of additional ecandy
counters, not only in chain stores, but in
clgar slores nnd’zrm‘onm The eandy L. |
iness s regard: by leading bankars as
one of the boom tredes for the next frw{
years,
1
& METAL MARKET, 1
NTW YORK, March 13, Load, quiet,
Bart Bt louls spot, 5.2065.35; March,
April, May and June, 52060630 |
Hpelter, !xuk'!; East Bt Louls spot,
March, April, Muy, June, 81066, 20 :
Copper, the smaller alers have re
duced their quotation Yo WU%@ls 5-8
;mmmnd.ulml i ‘r’m'l.m ':;. still
i per pound delivered. J
Lo, fimm. r, 03,60 bid
OAY 4 Ko,
NEW,_ YORK, March 13.-The stock
market was irregular at the opening to
day with the standard issues generally
fluctuating within small fractional lim
its. Steel common ranged from 96 3-4
to 97 1-8 and showeq little change from
yesterday's close.
There were a number of specialties,
however, in which viotent advances ue
curred. Texas Company continued in
urgent demand with supply extremely
scant and on a modérate amount of bus
iness rose six points to 214,
Industrial Aleohol which closed yes
terday at 127 had a violent advance
moving up to 130 to 131 on a single
trunsaction. Mexican Petroleum gained
2 3-8 points to 189,
There was Initial trading on the stoek
exchange in Royal Dutch New York
shares which heretofore had been dealt
in on the curb market. These sharos
which were sold on the curb yesterday
at 85% ranged from 86 3-4 to 88, mak
ing a marked improvement in compari
son with the American shares which de
clined 7-8 to 94 1-8.
Changes in other igsues were generslly
without special importauce,
The market was irregular during the
forenoon with trading quiet, There were
no wide fluctuations but strength was
shown in a number of issues, Stude
baker moving up one point to 65%. The
low priced oil stocks were active, Sin
clair selling uap to above 38 and Plerce
Qil to above 18,
Fractional losses were sugtained In
most of the standard issues, steel com
'mon reacting to #6 3.83. The copper
stocks showed a heavy tone, Utah fall
ln% one point to Tl%.
he market was irregular in the last
hour with Industrial Alcohol the most
prominent feature, moving up to 142, an
upturn of over 15 points for the day.
Railway Steel Springs was also in de
\mnnd, moving ur over 4 points to 83,
Steel common rallied to 96 5-8, and Bald
win Locomotive moved up over 2 points
from the low to 88 7-8 closing at 58 1-2.
Texas (Compary was flnal]‘_v 209 1.2
United Cigar Stores 1323-4: Reading
85 1-4; American Smelting 68 3-8; Mexi
?2"'; ‘Petrolcum 186 1-4, and Studebaker
The market cloged irregular. Gov
ernment bonds unchanged; railroad and
other bonds steady.
e e ettt
[::_WM-W‘MV_
ATLANTA SECURITIES. }
A A A
e | Bid |Askd.
Atlantic Steel Co., com. ......| 87 [lO5.
O P, il ieriieinl B 9 N
At lce and Coal C0rp........| 66 8
doxul. sunzevevsssansenes) T 8 .
Atl. and W. P. Rallroad ......[l5O [165 \
Atlanta National Bank ....H'Sk(: 296
Central Bk, and Trust Corp. ...!148 152
Fourth Nationat Bank iesesj3lß 1320
Augusta and Sav. Railway ... ' 2 0N
Exposition Cotten Mills ...... /185 (190
Fulton National Bank . .......1117%1120
Empire Cotton Oil, commeon ..| 60 | 2
B 0 PR e auisernaaacasl DR DB ‘
Gate City Cotéen Mills ...,....i326 < 5
}Ol. Ry. and Banking Co. ...{233 236 ‘
Ga. Ry. and Electric C0.......1,.. [IOO
ds, bp. ¢ Calnshavisent B M
Georgia Ry. and Power, Ist pf.]| 66 o
an a 4 91.. ... .00 00 . 10 12%
do. COMMON ... ....... 6 5 ‘
Lowry National Bank ......1220 |1268
Bouthwestern Railroad .......| 95 |#7
Third National Bank . ceaafß3B - 1218
'Truu' Company of Georgia ..[1275 [2%0
Atl. Cons. Bt. Ry. &8 ......‘...J1n0 102
Atl.-Char. Alrline 5s . ... ... [6.10 |Basis
U e
Atianta SB, 1940 ..... ... &.40|Bnsis
Atlantic loe and Coal, 68 ....] 93 ¥
Atlantic Steel 6s shssssransf OB " ‘
Ga. Rallroad and Bank. Co. ..| 86 |%9
NEW YORK (URB MARKET.
Open, Close.
Opeed firm, closed heavy.
Aetha Exp . . %@ 9% N %
Anglo Am Oil . 18 @ 18% 18 & 18'%
Chevrolet . . .189 bid 190 bLid
Con, Cop aows B 0 B b o .’.'.“
Cosden Ot , , . Tf.'(‘, 8 TRe %
Curtls, Aer. ', .11 '@ 13 11 @& 13 ‘
Houston Oil ~ . ~ 80 @ $2 i s ‘
Ind. Pipe « «99 @lO2 8 @loz |
Inter iwn o 2 2INE 22 L@ 21%
L.Vsl. Coal ..&% gB7 £4 @B7
Magna. . . .27 e ) 28
[Mnrcnm ioee s ANEN AW l‘;g‘ 41
Merritt 01l . . YR @Y B 245§ 25
Midwest Oil I%@ 1 7-186 1h 1%
Midw. Ref 154 @156 150 @ls2
N. A Pulp .. %49 % 1w 4%
OB ol T .30 it Mt ?:n
Pralrie Oil .. .6560 2.m 650 Gee6o
' Sub, Boat . 1@ 16% 1% @ 16
8 O, N ¥ ...333 @335 333 @336
’S, Q. N. J ...608 @654 678 iR
B O, Cal 370 @206 20 @27
B O, Ind 0 @ Ise T Geiso
Unjow Tank . ‘ll4 @ll6 114 @ll6 l
United Mot 4 @ 134 9% % 'ij“‘
¥ DU . ‘ Ihd 2% ‘ha '-"l‘
W-Martin . . 4« @ 4% 4 0 %
Cons. Ariz. . 1 @ 1 1 @ 1%
Niplasing . 9 %5 P @ ““l
B. & Wyo, Ol 27 @ 29 20 20
Glen Rock Oil 3N@ % iN@ %
1. O. & Trpt. .. 1@ & Ne n,.‘
N. W. 01l ... 47 @oo 41 @ 50 |
B 8 E ...is 3%3 v 3 g %
Sapulpr » .. 7% T e %
FINANCIAL BUREAU ON STOOKS
NEW YORK, March 13.—~While discrim.
inating against the copper and steel stocks
until further readiustment has token place
in that departmenl as a whole leading
intereste are recommending raw material
iBAuC equipments. food stocks and elec
tric Republic Steel seems to | inad ‘|
favorable exception so far as buving on te
cespione I 8 concerned, “Bethilehem Bteel
will find that it has a lot of unnecessary
oapacity,” comments a well known source
“ani its financial structure is anything but
sclentific,”
CHICAGO CASH GRAIN,
CHICAGO, March 13,-~Corn—No, 3
mixed, 142%; No I white, 1.40@1.42%:
No. 3 yellow, 1.43%@1.46; No. 4 mlxflt‘.
l.’!)YLlO; No, 4 white, 1.37¢1.25;: No
4'ye low, 1.42@1.43; No. b mixed, 1.37@
1.98; No, & white, 1.34@1.85; No, b yel
low, 1.38601.40%.
Oats—No, 3 mixed, 60; No, 2 white,
6314, No. 3 white, 61@62; standard,
Gl @h2's
MONEY AND EXCHANGE.
NEW YORK, March 13 —Call money
on the floor of the New York Stock I9x
change today ruled at § per cent; high
4% per cent; low, 5 per cent,
’l’mm money was quiet,
Ratesm were: Bixty days, 514 per eent l
80 days, 6% per cent; four months, 5t
per cent: five months, bl per cent; wix
months, LY per cent
The market for price mercantile paper
was dull
Cull money In London today was 3%
per cant
Bterling exchange was steady, with
business In bankers’ bill at 4.75% for
demand: 4.78% for 60-day bills, and
4.71% for %-day billy,
THE WEATHER,
The following is the weather farecast in
the cotton belt during the next 24 hours
Louisinnn--Increasing clondiness, rain
northweat, Friday probably rain; estder
northwost, ‘
Arkansas—~loudy, colder in north; ¥ri
day probably rain, colder
Okinhomn~Cloudy, probably rain m‘
sNow | colder; freesing
Kast Texam-Cloudy probably rain
colfler northwest
West Texas—Rain or smow, colder;
freezing In Panhandie; ¥Friday rain m|
#now in north, rain in south
Carolinas-—Partly cloudy,
Georgin=oudy
Flotida—Cloudy ; probaly rain in south
Alabama, Mississippl—Cloudy,
—————————————
Rh ti
eumatism |
13 ecompletely washed out of the sys- |
tem by the eelebrated Shivar Miners!
Water, Pogitively guaranteed hyE
vnumx-hl"k offer Tastes fine: conts |
n trifle, Deliversd anywhere by our
Atlanta Agents, Coursey & Munn|
Drug Store, Marietta and Droad Sts,
s hSvertitament, 0
MEXICO WANTS $150,000,000; %
| 9 I )
. MUST GIVE REAL PLEDGE
§
:
e A A A A ee AP e PSt
By BOERSIANER,
’ CHICAGO, March 13.—Lord Northcliffe, as a journalist, eontinues to be
contemporancous with events, The latest evidence of his contempora
neousness is that he has appointed in the United States a Money corres
spondent to The Times of London; an expert who is to devote himself ex
clusively to commercial and financial developments in America.
i Northeliffe recognizes that, now the war is over, the universally im
iwllimz thing is political economy, with the resumption and reconstruction
{oremost In suggesting the first assignment, Northcliffe is equally un
erring. He suggested to his newly assigned representative that an article
;lm written on Mexico, as viewed by the financial community here,
The initial subjeect chosen by the English publisher is growing in inter
‘r-st His correspondent will be anticipated,
jwee . * - 4
It has been ascertained that thes
committee organized by J. P, Morgan
& Co. had its inception in the feeler‘
put out by Mexico for a Joan,
‘ Mexico wants to borrow $150,000,000.
What remains of fiscal responsibility
down there has pledged itself to a
program of rehabilitation, pelitical,
social, financial; and it asks the co
operation, moral and. monetary, 0"
Ameriea, England and France.
Where Carranza stands is not yet
clear. The American committee hopes
soon to know definitely, He is known
not to want to succeed himself, but
has his successor in petto. It is cer
tain that Mexico needy a financial re
constructionist, as much as she re
quires a political reformer; a Limon
taur first of all,
Levy on Customs Essential.
If satisfactory guarantees can be
given Mexico may ralse money here.
Lip pledges will not suffice; neither
will a written guaranty, Something
positively substantial and irrevocable
must be had; which can only mean
some sort of a levy on the customs.
Spanish pride is proverbial. A lit
tle of it, like Spanish port, is finely
effective; a few drops of the port put
in other wines makes a beverage fit
only for the worthy to drink. Taken
by itseif, it is extremely heady.
The Mexicans are sufficiently Span
ish to be prideful. They would very
likely resent the eollection of duties
by foreigners a la Turque. But there
are methods and methods,
Omne is the Turkish, the other the
way adopted during the early part of
the Diaz regime; the latter a system
of certificate emissions by the cus
toms department which passed as
general currency,
If Carranza—or his successor——
consents to a guaranty in which Por
firio Diaz once aequiesced, Mexico
can be rehabilitated, ean have the
$150,000,000, her responsible people
have tentatively applied for.
Part to Restore Railroads.
But here, again, there must be a
tactful stipulation. Part of the fund
must be used dimmediately in restor
ing in a reasonable degree the rail
ways, in some of which the Mexican
Government is a legitimate partner.
Without the railways functioning
normally, it were useless to attempt
to restore the economic life of the
republic.
Of the railways capital there has
been invested by Americans $235,-
464,000; by the British, $51,237,500; by
the French, $17,000,000. Purely Mexi-|
can capitai thus invested doesg not ex
ceed $105,440,000 in railway stocks,
and, perhaps, another $12.275000 in
railway bonds, while the total rep.
resented by other countries is about
$40.000,000.
Built by Outsiders.
In the pioneer days of the rallways
the people of Mexico declined to in
vest a centavo of their money, while
the national Government had none to
spare. It was not until 1903 that the
Government took any financial inter
est in the transportation arrangements
of the country; they then purchased
a controlling interest in three of the
most important railways, and in 1508
united these Ihrtn lines under the
title of the National Railways of
Mexico,
In this company the State owns (0.3
per cent of the stock, thus controlling
the voting power, and of late years
'mrth«-r roads have been acquired
either wholly or in proportionate
holdings.
| The privately owned lines, which
the Government of Carranza eould not |
afford to purchase, it seized and is
working under the style of the (‘on
stitutionalist Railways of Mexico, The
railways thus appropriated include
the Mexican, the oldest and formerly
the most prosperous svstem in the
country; the Interoceanie, the South
ern, and the Tehuantepec, of which
the Government has always held b
per cent,
| Damagse to Lines Serious,
The actual physical damage done to
some roads is very serious. In the
case of the Mexican, with a tmul]
Office of the Quariermaster,
Auxiliary Remount Depot, 309,
Camp MeClellan, Alabama,
March 12, 1919.
There will be sold at public auetion, to the highest bidder for
cash, at Camp MeClellan, Ala., commencing at 9:00 o’clock a, m.,
Friday, March 21, 1919, and continuing until all animals are sold,
the following surplus animals, viz:
600 Horses
900 Mules
These animals were carefully selected to be retained by the
Government, but on account of Camp MeClellan being abandoned,
must now be sold, Stock is superior to that sold at previous sales,
In addition to the fifteen hundred head of sound horses and
mules to be sold on March 21, 1919, there will be about fifty head
blemished or 1. C, animals and eleven yearling colts,
Both horses and mules are in good flesh and ages are exeep
tionally good. Stock will be sold in lots to suit buyers, There will
be pens of selected young mules sold intact to highest bidder.
There will be separate pens for purchased animals,
The quartermaster will supply necessary help for loading in
case of shipment of carload lots.
There will be luncheon on the grounds
A halter will be supplied free with each animal sold.
Camp MeClellan is seven miles from Anniston, Ala., and ean
be reached by automobiles from principal hotels. A bus fine rins
between Anniston and Camp MeClellan,
No animals will be sold that can not be certified free of con.
tagious diseases., Health certificates will be furnished animals
shipped by rail,
Railroad cars in readiness for shipment of carload lots, and
animals will be loaded by quartermaster under direction of buyers,
Terms: Cash or certified checks, Ten per cent of purchase
money will be required to be deposited by the buyers after each ](*
is sold, the balance to be ‘lflil]“llt the econclusion of the sale d&y. t
Sale will be under shelter? Your attendance is golicited, }
R, W. LINDENSTRUTH, Captain, Q. M. C., Quartermaster,
)
; &
g
¥
\
CHICAGO, March 13.—There was a
general rush to sell when the graln
market opened today and corn was
forced down 13-8 to 25-8 during the
early hour, A few locals continued to
sell after the break attracted scattered
support.
Oats opened 1 to 11-2 lower, Selling
was general at the start.
Provisions opened a trifle lower. There
was scattered buying by shorts. Othe
erwise the market was unfeatured.
Continued liquidation by hogs fordnd
iTs, sent March corn down to 1.43 8
against 1.47 early in the day. May a
July broke 3 cents and September 3 1
cents. Final prices were 3% to 4 $-4
cents down,
| Oats broke with corn, closing 3 te
12 58 cents off.
| Provisions fell 200 points frem: the
early high on May pork to 45.00, clos-
Ing 100 down. July broke the minimum.
Lard and ribs were weak.
' Grain quotations:
Open. High. Low. Closa m
. CORN-- ~
‘Mch. 1.48 1.47 143% !,«:t 1.48
May 1.39 1.39 1.36 1.36 1.40
July 1.34 1.24 1.3 1.31 1.35
s-«pt,Tl.so-s 1L30% 1.27% 127 132
OATS—
Mch Ei b i@ :} '3
(May 63 6314 : el
July hu 63 GI% 1% 64
PORK
May 46.25 4700 4500 4500 48.00
July 4306 4310 4205 4205 4308
LARD—
May 27650 2795 2713 2712 SBO
July 27,20 2747 2647 2647 2697
RIBS-~
May 265.40 2540 $477 2477 BN |
Jly 24356 2415 3363 2653 3400
| i
CTHICAGO CAR LOTS,
CHICAGO, March 13.~Following are ve
oeipts today
WHEBE .. o so oo sm e s 2n se s 18
(QOFR o« oo 5o 50 SSeono oo e B
ORIE .. o 4 o ¢ 0 09 3¢ 2o g 0 o B
(Hoge .. . ¢ deve Anine aw we Nl
| ey
GRAIN GOSSIP, '
CHICAGO, March 13.-Corn futures
advanced 'l-! within % cent of the hwm
point of the season for May, and uctt
most up to the 142 level, from we ¢
recent break started, Bulls ex; that
they may go higher, but there has beeu
an advance of JO% centr in a month,
which has weakened the techmical situa~
ton and put the market back to a good
level, where castern oash interests are able
to get out with little loss. Large lines
held for western traders were sold on
the bulge by Updyke, who was the best
buyer last week., They were also the larg
esl sellers of bids after the close. More
operators who have been bullish expressed
bearish views last night than for some
time past, and it was said that a ma
jority of the loeal men had less corn at
the last than for several days
TIEXAS RAINFALL.
NEW ORLEANB, Nov. 13.-Rainfall
average for State of Texas for February
was 197, which is .04 above normal.
s —————————————ANR
length of 321 miles, exclusive of sid. '
ings and second track, engineers who
have examined the line say that the
damage sustained amounts to over
$10,000,000. Fortunately, some of thé
most costly of the bridges have been
preserved from destruction !
The outlay upon constructing had
exceeded $30,000,000,
UNCLE SAM
BREAD