Newspaper Page Text
Cotton Breaks io New Levels for Movement on Heavy Selling, Due to Weak Cables and Better Weather Conditions
\‘"' )j-.] [
i ‘ 7‘5
TECHNICAL POSITION OF
COTTON MUCH STRONGER
Bt & By VICTOR BARRON.
variiis axllk clearings Friday. ... ... .. .... ..$10,433,826.49
DL PR .. eN i ITRANT
SOOI v i) LSt s i s o RTIRTY
Same day last week
R L T iee P v ke BRBOO 01
' g seeee oM winiieaie mos ey senns 4,285,601.16
Atlanta cotton statement Friday:
1919, Lass Week 1918 1917
Ismhi IP“'{s- s 4 ion BallD 1,115 1,497 330
Stopl?en evs oo .. 1,016 856 337 2,771
Salce Bk L RRTee 20,222 31,879 53,684
R e 3,500 150
. L - *
Im’}l‘hqe' ('((’itth"‘" mar.l.\-et was subjected to a renmewal of heavy liquidation by
rn:fiitdnf MATIDATING by the bear crowd during the forenoon Friday as the
sult of weak Liverpool aables and better weather condditions over the
e Delt. Demand was of a fairly good character, coming
ST T from trade houses and spot people, who are advising
I Q"m, 2 purchases on scale down and arguing that the break
Eraanan N has extended sufficient to warrant a strong “‘come back.”
‘.:__ S s ¢l Initial quotations at New York were 37 to 47 points net.
T i Immediately after the call the list ralliled 10 to 21 points
R e from the opening, but quickly resumed its downward
g . L e movement on increased offerings and lighter demand.
--'»‘,_,;_.»"__ S 8 i Before the end of the first hour’s business prices had
o 0 ) sunk to new low levels for the movement, 55 to 71 points
,\} i w net lower. At thé bottom July stood at 29.53, October
§& 9850, December 28.15, January 27.87 and March 27.54.
#*&w At these levels the market displayed a net loss of 327 to
a 4 391 points—sl6.3s to $19.55 a bale—from the high rec-
LT ‘g ords of Monday, May 26.
Frna T Considerable selling was due to the weather fore-
Ei cast for fair over practically the entire belt, except pos-
St sibly in the eastern part of North Carolina.
§ Just before midday selling subsided and buying
S OTAETS Decame more free, causing a swift recoil to 29.72
for July, 28.69 for October and 98 34 for December. At the low the New
Orleans market showed a net 13“ of 40 to 76 points from the previous
cloese. Later it moved upward with New York.
SN gt e il e Uil Stk eSt |
‘Financial Sunshine
R. G. Dun & Co. report only
531 commercial defaults during
May, with $11,956,651 of liabili
ties. Excepting March, when
there were 27 more reverses than
in the shorter month of Febru
ary, each month this year has
disclosed progressivg reduction
in number of insolvencies, those
in May being 12 below the pre
vious minimum of Awil, and in
but two months of the last
twelve has there been any in
crease.
ATLANTA MARKETS
“Corrected by Cene M. Maddex Com,
0.5 Fe pany,
. % lood Administration License Num
be 1583.) '
= Apples.
Vi t. 50-pound boxes ......$ .
Can. dozen No.. 3:.? l.(l;z
Cai.. vzel NO. 108 ..esoescevee 8235
o Apricors.
Canffed, 2 dozen No. 28 +:c.oeeses 550
Canned, 1 dozen NO. 1058 .coovereasss 10.0¢
Libby's, 2 dozen No. 292 ..c.cesess 68V
Baking Powders, .
Success, 48 b-cent packoges ........ 150
Humford's one-hajf pound .......... 293
Rumford's No. 1 ..cveesserascsosess 238
. - Beans,
California Limas, 100-pound bags .. @ v
Michigan navy, 165-pound bags .... .10k
String, canned, 2 dozen No. 2%8 .. 4%
N Blackbersies.
Canned, 2 dozen NO. 28 ..cccvasenne 4.26
Canned, 1 dozen No. 108 .cceceeess 10.00
Beets. |
Canned, 2 dozen NoO. 28 s....eoves 315
Bran.
Pillsbury’s Health Bran s.cccevees 1.66
© Catsup. |
Bull Head, 2 dozen 35-ounce ...... 2.7
Royal, 3 dozen $-OUNCE ...sevsccess 4.20
Ceffee. :
Arbuckle's, 100-pound cases ........ 28.50
.Arbuckle'l, 36-pound CASeS ........ $9.00
Blue Ribuoi, l-pound cans .......e 40
Royal, DUIK ....esoevsrsesssccnrassse 24
Perfection, bulk .....i.cisessonvone .33
Cereals.
Post Toasties, 36 PAckages ......ocee 4.10
Kellogg's Flakes, 36 pacsages «..... 4.20
National Corn Flakes, 36 packages .. 3.40
Krinkle Corn Filakes, 36 packages .. 3.40
Grape Nuts, 2 dozen packages ...... 2.85
Ehredded Wheat, 48 Dackages .....- 4.50
Pillstury’s Vitos, 24 packages .... 2.20
: Corn.
Kellogg's Krumbles, 36 packages ... 4.20
Canned, 2 dozen, lU-OUNCE ....s» 2.46
Dulk in barreis, shredded ....e.ee 24
Flour,
Eweet Marie, self-rising 248 ...... 12.50
Sweet Marie, ru-rlsinx BB 2scess ADDO
Columbia, plain, fancy pat. 24s .... 12.50
Columbia, glaln. fancy pat, 482 .. 12.26
Pillshury's Best XXXX, B 0 cinruons BDON
Pillebury’s Best XXXX, @ ...... 13.00
“Osofine” Kansas Patent, 140-Ib, sack 12.00
Pillsbury’'s Whole Wheat, 12-Ib, sack 11.40
£ Pilisbury’s Pancake, 18 packages. ... 2.40
Ceconnut. |
Canned, 2 dozen No. 28 ...cecnece 3.46
Frult Jars. |
Ball Masons, half gals, per gross 11.80
Pall Masons, quarts, per gross .... 9.70
Ball Masons, pints, per Eross .... 9.25
Boyd Mason frult jar caps, gross.. 3.00
JAir-Tite red rings ....ocesecceccese W 0
Grits.
Purity, 24 PACKAEES ....s ssseierne 2.66
Bulk in 100-pound bags, medium.. 4.00
Heminy.
Canned, 2 dozen No. 2'48 covevensee 2.40
Kraut,
Libby's, bulk, 16-gallon Kegs ...... 6,40
Macaren,
24 10-cent or 48 b-cent packages.... 1.90
Bulk in £O-pound DOXES ....eccevse A 3
Menl.
water Ground, bolted, 100-Ib. bags 3.90
Unbolted meal, 100-pound bags ... . .85
Milk,
Evaporated, 4 dozen tall c..iievene 6.25
Evaporated, 8 dozen bub{ sid sanvt i IR
Condensed, Dime Brand, 4 cand ..., 6.26
Condensed, Eagle Brand, 48 cans .. 9.56
Dry powdered, in barrels, bulk .ees 34
Molasscs.
New Orleans black, in barrels .... A
Loulsiana Black, in barrels s.sceees O
Mustard.
French's, 3 dozen 5-OUnCO ....eee 2.70
Bayle's, 3 .dogen 5-ouUlCe soscscss .29
\ Ontmeal,
Purity, 18 packages ...ceciseveace 180
Okra,
Dunbar's Cut Dwarf, 24 cans, No. 2s 3.20
Peanuts,
Fancy Virginia hand-picked, 100«
pound SACKS ..cissiiiiiarnssesane a 0
Potted Meat,
Libby's, 4 dozen s iieiie seeesees 2.40
ingan's, 4 dozen MB ....essrenenes 2.00
‘Tomatoes.
Canned, No. 2 standard, 2 dosen.... 2.20
Canned, No, 2 Stokely's, 2 dogzen..., 2.40
Canned, No. 10 standard, 1 dozen .. 17.20
rotutees,
Canned, sweet, 2 dozen No. 2%s ... 8430
————————————————————
. ADVERTISEMENT.
GOVERNMENT SBALE CANNED
MEATS AND BACON in large quantities,
Sealed bids will be opened 10 a. m, June
20, 1019, at Zone Supply Office, Trans
portation Bldgv. Atlanta, Ga. Particulars
and special bid forms can be obtained upon
application to above office. Refer to 8
¥. D., No. b 414 Bub,
THE GEORGIAN'S PAGE OF MARKETS AMD FINANCIALNEWS
As stated in these columns recently,
the course of the market at, present
is being influenced chiefly by the
weather map, and, while the reaction
ias been rapid and heavy, it has done
no damage to speak of. Rut, on the
other hand, If has greatly improved
the technical position of the market,
making it ripe to respond liberally
te grother spell of rainy weather. The
long Interest has been greatly cur
tailed and a big short interest built
up. Sold-out longs are holding off
at the moment, with the end in view |
of replacing their lines at lower )ev-‘
els. Nevertheless, a break in the
weather would start another stam
pede for bota the actual and futures.
Those friendly to the market still
have a big, winning card to play, and
that is the signing of peace and lift
ing of the em bargo on cotton ship
ments to Garmany and other coun
tries Mills are humming with activ
ity, and-May's consumption figures,
which will be announced about June
15, probably will show that an enor=
‘mous quantity of entton was gcon
aimed last month, as well as a fur
ther reduction in the surplus supply
of cotton at mills. The last report
ciiowe@® consierably jess than three
months’ supply on hand.
(‘rop advices continued extremely
pessimistic, fields being literally cov
ered with grass and the plant dy
ing from lack of sunshine and prog
ress decidedly slow. Farm work is so
far behind in most sections that it
will require almost all of the pres
ent month for farmers to clean their
fields.
The decline in spot cotton, purely
in sympathy with the reaction in fu
tures, has not shaken the confidence
of holders one iota. There is prac
tically nothing offering in this vicin
ity and holders are not worried in the
least, being confident of receiving
even better prices than those recently
prevailed.
\- . »
| LEAVE FOR NEW YORK
Lindsey Hopkins and Thomas B.
Paine, prominent Atlanta capitalists,
left at noon Friday for New York.
Mr. Hopkins is to attend the direc
tors’ meeting of the American Hide
and Leather Corporation.
*- - J
| GOODRICH MEETING
At a special meeting of stockholdl
ers of the B. F. Goodrich Company
on June 28, directors will vote on a
‘proposal to increase the company's
capital stock from $84,000,000 to $109,-
lO(y,mm.
COTTON NOTES
Liverpool was due 4 to 8% points lower.
The market opened barely steady at 8 to
17 points decline. At midday the market
was barely steady at a net decline of 10 to
156 points. Spot cotton r&ule\, 50 points de
eline, middlings 18.96 d. Sales 4,000, in
cluding 3,000 American. No imports.
. eEe 9 ®
The map shaws cloudy over the At
lantics: some rain in the Carolinas: fair
over rest of the ho~lt;. no‘rnin and warmer.
.
New York says reports from goods trade
say that financlal interests are warning
bhuyers against over-enthusiasm at present
levels,
¢ o 9
The Times-Pleayune Says: “The two-sid
ed character of Thursday's market would
soem to indieate that Haquidation of the
long interest has been pretty well com
pleted. With weak longs eliminated and
a good short interest ereated the market is
in & much better technieal position to re
spond prmq.ml_v to any favoring influence
guch as the signing of the peace treaty,
or a return of bad weather. TFor the mo
ment, however, the market needs constant
support and commission houses are advis
ing profit-taking on hulrn with A view
to replacing at lower levels,
“As the market seored the recent dras
tie advance largely as a ;«ul! of the deta
rloration of the erop on Account of bad
wenther, it Is nnle natural that a present
prospect for a spell of good wenather should
cause & reaction, ‘Traders argue that the
menth of June usually brings warm and
falr wenther, hence should such condi
tions now come ahout during the present
month the grassy fields will soon be
cleared up, the orop properly cultivated
and sent on (ts way rejoicing . Nohody,
hnwg:'r, ventures to predict what might
hnntvz -:t\nulrl June prove neither warm
nor fair.'
Pumpkin,
Canned, 1 Aozen No., 108 ....iveeee 450
Canned, 2 dozen No. 38 ..oecvesesse 876
Penrs.
Canned, In water, 2 dozen No. 2%4s .. 4.26
Peas,
California Blackeye, #O-pound bags .OH‘
Canned, No. 2 New York State ...... 0.4
Georgia Blackeye lens, sacks sase 0B
Pepper.
Black, ground, § or 100 wsizes ..., 3.90
Black, ground, bulk In 15-pound pkg. .37
Plekles,
Eours, 0008, barrels, 45 gallons.... 18.50
Sours, 3 dozen S-ounce jars ...... 270
Sweet, mixed, 2 dozen 8-ounce jars 3.60
Rice,
Fancy Blue Rose, 100-pound packets 9.50
COTTON TAKES
GHARP DECLINE
' NEW YORK, June 6.—Favorable
weather and poor cables from Liver
pool furnished incentive for a renewal
of liguidation early and Inn.al QUOLA -
tions in the cotton market today were
37 to 47 points lower. The tone was
weak., Liverpool sold and there was A
good deal of liquidation by wester®
longs.
Rallles met increased offerings, hows
ever, and the tone later was heavy,
prices holding around first levels.
However, before the end of the firsy
half hour of trading the list showed a
decline of 51 to 62 points, with October
dropping to 28.58, against 32.20, the re
cent high.
The markte worked lower still during
the forenoon, with the list at the bottom
shnwinf loss of 61 to 71 polr\,u. October
dropped to 28.50 and December to 28.15.
At the low July stood at 29.53. During
the late forenoon a better demand made
its appearance and oflerlng tapered off,
‘vausm% a quick rally of about 20 points
from the bottom,
NEW_ YORK 00 DN
Openiigh|Low (B 4] Ciose.
JODO < o olsssihsarsials s tslis v tBEN
il:llly 5% .’29.70)“.56)”.“ 29.72 :o._}!-1‘
Sept, . . .|28.85/28.86/28.86(28.86/29.32
Oct. o o .’n.u‘n.u 28.50/28. 50, n.u-u‘
NOV: 2 o ableiihinonits <valis AENAN
Des. 1+ 5. zi.zz 28. 46|28, 15|28 34]28.70-73
Jan. « o .|27:98/28.17/28.87/28.10/28.38-45 |
Bel ' o A TR .ik aRRE
Mch. . . .|27.88 "..0‘37.“ HJOP!.IG-Kl‘
May o o oJigtdis o ol s 0030000
NEW ORLEANS COTTON |
| 12:30| Prev.
|Open|High P. M.| Close.
July « « .|29.50]29.81]29.48/20,78/39.16-18
Oct. 127 .756(28.08(27.76(27.97(28.35-38
Dec. « .« .|27.50/27.73]27.45/27.567/28.01-03
Jan. o - .127.20(27.20(27.01/27.01(27.77 \
Mch. « .127.05/27.06/27.06/37.06 27.46-“‘
i
|
LIVERPOOL COTTON.
LIVERPOOL, June 6—SBpot cotton was
quiet today. Prices easier. Sales 4,000
bales. American middling fair, 21.49;
good middling, 20.06; fully middling,
19.48; middling, 18.96; low mlddlln!. 171’:
goodl ordinary, 16.76; ordinary, 16.53. Fu
tures opened steady.
Futures opened steady.
\ Prev.
‘ Open. Close. Close.
B . i. 0 e we <2OOO RS 18.95
BENEE . s 4 se v .18.47 18.28 18.56
CAUBUSE .. e ee e e .18.09 18.82 18.18
;Supl(-mhvr S sT - 17.83
OCLORNE .« i v ssidsoß 1506 3104
Novmmbor.. .. s« +7..17.43 1733 17.38
| Décember .. .. eo s s 16.96 17.23
[TRBIEY T, o. <o 003008 16.78 17.04
IFORERIEY .. v ds we aad 16.68 16.94
B s e 16.68 16.80
R i, o halesiie o wke 16.46 16.69
Closed irregular.
et ——
COTTON BIDS TO LIVERPOOL.
New York 11 a. m. bids to Liverpool
were:
LJULY .. vs - edn apbuogossassatyyenoryi R R
| OCLODEr ..ssceossansncorscsssnaansos 28.65
JATUBTY .y csssvnssssssavsncneivagsree 28.03
March . bihasut el anivs snsss Kaaguis 27.80
New Qrleans 10 a. m. bids to Liverpool
were;
OCLODEr ....coecesssasesesvansctsses 27.90
December ....:cosoeecssscesnrsnnssns 27.67
January '3732
MOYEH . .%.vasvofissassocstonnsissass 27.01
e ——————
ATLANTA COTTON SEED PRODUCTS,
U. 8. Fixed
Deacri‘stiono— Prices.
Crude oil, basis prime..........0ven 37
Cotton seed hulls, loose. ... ........ $16.00
Cotton seed meal, p. ¢. common. ... $566.00
Cotton seed meal, 7 p. C. Georgia |
common rate p0int...........e.- $65.00
Cotton seed hulls, 5acked........ .nominal
——————————
ATLANTA COTTON DIFFERENCES, ‘
Middling falr .........coocneinen .162 on
Strict good middling ..............138 on
GOO BUBANEE o cosjireosersnsss 118 on|
Strict middling ....covcesserananee 62 on
SRR .Y ik s asiaßrere eoR Basis
Striet low midAlng . . ..coecnnnens .225 off
Yellow Tinged.
Good middling ...........- cesver R SEE
Strict middling ..........- cos e NTDY SN
Yellow Stained.
Good middling ..........-: osleg PRSI
e ————————
COTTON MARKET OPINIONS.
R. H. Heoper g Co.: "Purchases on fur
ther declines seem safe, considering the
gloomy outlook for the crop, and the in
dications of a more or less steady trade
demand."”
J. S. Bache & Co.: "We believe it would
be sound commercial intelligence for the
holders of unhedged spots to sell their
cotton around the present level of prices
and for speculative longs to take profits.” ‘
4. W. lay & Co.: "The trend from this
level will depend partly upon weather
conditions.” |
. W. Wagoner & Co.: "“The weather
will be the all-important factor now and,
as recently stated, June is usually a good
weather month." ‘
Hubbard Bres. & Co.: “The feeling in
New York is mot 8o bullish, and a furs]
ther reaction is ,amrnlly expected."” |
S, M. Weld: "We suggest purchases
around closing quotations.” ‘
.
House, Sweltering, Talks
Of July-August Recess
(By Internctional News Service.)
WASHINGTON, June 6.—After
three days of withering heat, House
members were talking of a recess
during July and August.
Leaders argue that such a plan
would not result in delay of any vital
legislation. The important House
committees must continue at their
work of investigations and in gather
ing necessary information on which
to buifld the after-the-war measures
demanded by new conditions, both
domestic and foreign. These bills
were framed In committee and will
come to the House only after all es
sential preliminary work has been
done.
Leaders of these committees do not
expect to make their reports to the
House until after weeks, perhaps
months of study.
Ten More Transports
Set Sail From France
(By International News Service.)
WASHINGTON, June 6.—The sail
ing of ten more transports from
"rench and British ports, bringing
home 22,941 ofMicers and men of the
A. E. F, was announced by the War
Department Thursday afternoon,
They follow: The Siboney, with 4,040
from Brest, due at Newport News
June 10; Liberator, with 2,511 from
Brest, due at New York June 17; the
Mount Vernon, with 59564 from Bres,
due at New York June 11; the Am.
phion, with 2,467 from St. Nazaire,
due at Newport News June 18; the
Alaskan, with 2,124 from Bt. Nazalre,
due at New York June 15; the Flori
dan, with 1,791 from St. Nazalre, due
at New York June 14; the Peerless,
with 2,328 from St, Nazaire, due at
New York June 14; the Santa Malta,
with 1,601 from St Nazaire, due at
New York June 14; the Santa Malta,
with 1,691 from St. Nazaire, due at
New York June 14; the Lapland, with
17, from Liverpool June 2 for New
York; the West Hosackle, with 2, from
St. Nazaire June 8 for New York,
« Salnd Dressing.
Durkee's, 3 dozen pienic size ...... '.n
furkee's, 3 dozen, small size ...... &
Übbx‘- ucgowlu sisgensssessstes 0P
;ow ered rn, 140-pound jJutes .. .053
ingsford’'s, 40 I.pound oackages.. .09
Argo Corn, 48 l-pound packages.. 074
'TRUST CO. IS OFFERING $50,000
SOUTHEN RY.6PER CENT NOTES
"
The Trust Company of Georgia ls offer
mg $50,000 Southern Railway Company 6
per cent notes dues March 1, 1922, at 99%
and interest to net 6.28 per cent.
The Southern Railway System is In ex
cellgnt physical condition, it having re
con& ln:tallm double track on all, ex
coml&’ 128 miles of road between Atlanta
and Washington and, in addition, this road
has the distinction of being one of the
eight leading rallroads of this country
which earns an amount in excess of the
Federal appropriation.
“In view of the unusual demand for
high-class securities since the closing of
the Vietery l.oan campalign, it has oc
curred to us that a comparison of relative
yields, at presgnt prices, of some of the
well-known note issues, might be of in
terest,”” says the Trust Company of Geor
gia, “In the list below appear notes which
mature from 1919 to 1924, at yields from
5,20 per cent to 6.28 per cent:”
Southern Railway Company S-year 6's,
due 19229914 and interest-—6.28 per cent,
Canadian Pacific Railway Company 6's,
tluot 1924—101% and interest—s. 76 per
cent.
WILD SCRAMBLE FOR GOODS
(From Wall Street Journal.)
A wild scramble for cotton goods s
now going on, with buyers so eager
that acceptance of the order seems of
more importance than the price. In
consequence, prices advance so rap
idly that quotations of today do not
represent prices of tomorrow. Mms‘
are sold as far ahead as they care to
contract, most of them refusing busi
ness beyond the first of November.
This condition in the goods market
must be reflected in that of the raw
material, Higher prices for cotton|
for the moment seem a certainty
What is of greater importance is the‘
outlook for the future.
- A prominent mill owner of ‘South!
Carolina tells The Wall Street Jour
nal that the present buying move
ment is like a fever, which, after it
has run its course, must subside, But
how long will it take to reach the
turning point? The United States is
no longer importing such great quan
titjes of cotton goods as before the
'war. For four years we have been
’lmporting less and exporting far more
than in ante-bellum days. To this
must be added the great demand of
the Government since April, 1917, for
military use.
Mill consumption of cotton can not
be said to have gone ahead of this
increase in demand for goods. In
New York Stock Quotations
| | 1 112:30 |Prev.
STOCKS— |High| Low.|P. u.?cru.
Allis-Chalmers . ’ 4674 | 45% | 45| 43%
Amn. Zinc . . .| 21%| 21%| 21%§ 20%
AN AL & v o] kses ,A..1....110
Amn, B. Sugar ..| 90 89% | 89%| 88%
00 N . v i i iR
Amn. Can.. . . .| 59% | 58%| 69145 683
Amn. Car Fdry. ~ {1073 1063 107% 106 %
Amn. Cot. Ol . .| 69%| 594 | 50% | 59%
Amn. Loco. . .....| 86% 8561, 86%| 861
oe, ! ... 106%
Am} Smelting + .| 84% 83“| 8415 83
Amy. Steel Fdrs. . 38% 38% 381 38
Amn. Sugar Ref. ..|1395 /139 '139 13814
Amn. T. and T. . .[IOB 107% 1073%[106%
Amn. Woolen . .[123 (123 123 [123%
Amn. Linseed . . .| 69% 681 68%]| 68
CTWR T R e R Y T
At. G. and W. L. . .|168% 164% 1681|164
Amn. Int. Corp. ~[lOß 107%|107%[108
Amn. H. and L. , .| 36%] 36 36 30%
do pref. . . ,j 129 [l2B ilzs 1127%
Amn. Mait Corp. . 2% 2% 2% ..
Amn. Sum. Tob, . .]/109% 108%‘}09 107 %
Amp. 19 ... .00 | T 8 76% !6% 73
Amn. W. Paper . .| 47 4615] 47 45%
Alloy Steel ..., . 88 | 643%] 54%| b 4 %
Anaconda . . . .} 73 | 72%| T2yl 6%
Atchison . . . . .[1023[102 IOZKIIOI',,
At Oondt LADS o o] 2s:of socal oo ]IOB
Baldwin Loco. . » |[104% 1043416414 [103%
Bal. and Ohio . . .| 64%| 64| G 4% b4l
Booth Fisheries . .| 21%! 21%/| 21%/ 21%
Doth. Stesl pref. ..} ....) ..vif 20|11
Beth. Steel B . .| 86 863 864 |BS
Brook. R. T. . .| 38%]| 27%| 28 27T%
Butte Superior .. . 30% 20%! 30 29%
Butte C. and 2. . .| 13%/| 13% 13% 13%
Cal. Potroleum . .| 35%) 36%| 30%| 314
a 6 R. s il il iAN
Can. Pacific . . J 1684% (1645 (1645 164%
Ches. and Ohio . . G!M‘ 68 | 68 68
Cand WW Pl ol e
Col. . L. 82 50%) 51 | 49%
C.M.and Bt. P. .| 47%] 46% 47 46
do pret. .. . 71X 1% Tl%| 1%
Chino Copper . .| 42 417%| 42 41%
Consol. Gas . o+ .] ....! «... ‘...|101%
Corn Products . . .| 675%| 67%| 67% 67
Crucible Steel . , ] 96%| 96% uu’ 94%
Cuban A. Bugar.. .| ....! ....] ....]IBB
Cuban (. Sugar ..| 36 36 36 | %
Oait Iron PO .o of 4il a 0 2B
Central Leather . .[109%1108%]100 |1067%
Chile Copper . . ’ 4 ] 26%
Chandler Motor . .[20015(199 2001, 198
Columbia Gas . . .| 54%| 54%) 64% 64
Core-de-Pasco .« .| «.oof 0o | 40
Cont. TBE .o oo o] sonsl sver] wreh 9614
Bl and WA . ) sl i e
R | - 194 19%| 19
do {raf. it ~ M‘K’ 31%| 81%]| 31
xGen. lectric . .|1863% 1166 166 1688
Gen. Motors ..... . 243 |234% 241 1233
Goodrich Rubber .| 84% ] 84 . 4 | B4y
Gt. Nor. pref. . .| 99%| 98% ! 981, 0814
Gt. Nor. Ore . .....| 47%/| 467} 18% 46%.
Gt. Western ,««.| oo <o ! 9%
g 0 Dreb. i o o) sois) ssialoaise] 88%
Gulf States Bteel , . 66% | 66%| 66% 66
Greene-Cananea . | ... , cinil el RN
. Oemtet . » . oo i lfpeand i 1008
Inspir. Copper , .| 60 60% | 60%| B 9
Interbore . . + 84l 8§ 84 %
do pref. . . .| 29%!| 29%| 20% 2044
Ind. Aleohol o + .J .... ..A1,...uu%
Int. Nickel ... ... ’lz 28,1 28%4) 285
Kelly-Spg. ... o .|12635]126% 126%[126
Int. Paper . o o} .. ss o] sebad SEN
Keystone . ..... .| 99%! 98% 0R8L! 87
Kan. City Sou, . .) 24%]| 24 24 23%
a 0 prel. s o} s.er sl S ieali DG
Kan. and Tex, . .| 10% 10%] 10%] 10
Qo pref. , o o] o.oef Loaeh iy 20%
xKennecott ~ , . 39 IRK! 39 38
Lack. Steel .., ' K 8 RTB% 17%' 87
Lehigh Valley . .| 56 [b6 b 6 50%
WEATHER FORECAST
Following Is the weather forecast for
the cotfon belt during the mnext 24 hours:
k‘v;‘m:ns.. Arkansas, Oklahoma, Texas
- Falr
North Carolina—Fair, except possibly
showers in onst
South Carelina and Georgia—Fair,
Florida—Fair,
Alabama and Mississippi—Fair.
o Ge—————
FINANCIAL BUREAU ON RTOCKS,
NEW YORK, June 6 —Bullish activity
{8 expected to continue. The sudden an
pouncement of the return of the wire
companies to private owneiship may si'm
ulate the rails. Higher prices are being
rndleud for United Btates Htesl, Repub
so, Crucible, Illinois Central, Lea T&‘.
Rio Grande, California and Pacific, suffar
and tobamcco stocks. Considerable short
covering is noted (n the coppers and low
priced ralls.
———————
i THE WEATHER,
WARHINGTON, June 6.-lln the Bouth
fair weather will prevall with tempersture
changes of no consequence.
| e
| Forccnst by States,
~ North Caroline—Fair tonight and Sat
urday, except probably showers tonight
in omorn(ynn.
Bouth “arolina, aoorrn, Alabama,
Plorida, Mississippl and Tennessee—Gen
erally fair tonight and Saturday,
. % - &
. Great Northorn Rallway Company. s's,
due 1920—=89' and interest—s.6o per cent.
New York Contral Rallway Company 6's,
due 191999 and interest—s. 26 per cent.
Studcbaker Corporation 7's, due 1921-%
100% and intcrest—6.26 ver cent,
. Cudahy Packing Company 7's, due 1923,
102% and introst—6.lo per cent.
Amerioan Telephonse and Telegraph
Comapny 6's, due 1924-—IOO% and interest
~5.80 per cont
Ameriean Tobaceo (ompany. 7's, due
1921--1021% and Interest—s.Bo _ror cent.
American Tobacco Company 78, due
1920—102% and interest—s. 36 per cent.
Proctor & Gamble 7's, due 1922—102%
and interost —5.80 per cent.
Proctor & Gamble 7's, due 1921-—102%
and interest 5,60 per cent. »
American Cotton Oil 7's, due 1919—
100 y and interest-—6.25 per eent.
Westinghouse Eleotrie and Manuvfactur
ing Co. 6's, due 1920-—1003% and interest—
-6.66 per cent,
General Eleetric Company 6's, due 1919—
100 Y% and interest-—5.20 per cent,
Bethlehem Steel Corporation 7's, due
19201011 and interest—s.6s6 per cent,
the season of 1914-15 it was 6,000,000
bales of lint and linters, the next
vear 7,278,000, and the two following
seasons about 7,650,000, Since the
present yvear began consumption fell
off. Perhaps people were sure that
the end of the war would usher in
that Edesic state in which clothes
would no longer be worn. In the nine
months ending with April domestic
mills consumed but 4,295,321 bales of
lint, compared with 4,933,347 last year.|
Production does net make good the
deficit caused by military use, de
creasing imports, increased exports,
and a greater purchasing power of
the American people. T
All Europe needs clothing almost as
badly as food. - A large part of the
people are ragged almost to naked
ness. Before men and women can go
to work and children to schodl they
must have clothes. It is impossible
that Europe shall at once begin man
ufacturing goods at 100 per cent ca
paeity. Their deficit must he made
up by the United States and Japan.
The feverish rush may be due in
part to unfounded fears that there
‘will never again be enough cloth to
)clothe the gvorld. Speculative buying
also may lend its aid to the rush. But
with it all, the situation may be
summed up in the words, “Need
greater than supply.”
1 | Il‘z:zfl‘?rlov.
__!_‘l_’gs_—‘- |High| Low.[P. M. Cfi-%.
}.:ee dr;‘. o o AN e 1‘ ::::"2
. an e
Maxwell Motors. .| 66 :g !g: b'n
do. Ist pref. .| 83 5 5 335
Mo. Paeific (new). 34* 103 10815 103
Mexican Petroleum. /197 o 1 qx
Margw..i.... fl%( “”121}‘.
D DR . . wa! s e
Miami (?opper oof 28% ) 28%] 28 5
‘!\l;d\!:flelstcoeld. Vi ssui 538 s..* ;: 4
Nationa ondu g o).t 8
National Enamel . Bl;@i ;;k g]l:/‘. i'lz,s;.
Okla. I(’}ro({\u‘.u. e ;:luz‘ B [ el &
- ¥ Central ...} 8 s | 8 e
fi. T N, Ll' : H...} 4% 33%' .N%“ ;ll,:
Nation i b s ) oan il ass iy
N. and‘{w, PR S .%110‘&\1‘%% ll"lvh 8%
Northern Paeific . 99 e
g. Y.,('()'i n(r‘nft'imm o gt l#&
ev, on. y . bk 128
N. Y. Airbrake . .hgwxgw}x:& L
Ohio Cities Gas . ( at B 8 el 5l
Pitts.-W. Va. Coal | 1 ‘101%?102% s B
Pan-American Petea‘l()-%! } bt
Penpsylvania . . .| ...} ..., 2icii 8
Pierce-Arrow . . .| ssut ssl/.| #5368 "
le's Gas . . . o 22 00l iaga
P, Brest Cabinis .l din] 61 1 41K gg}a.‘
Ph‘rc; Ofl ‘.‘o.‘l. R ,3N . e
Pittsburg s et v .'.‘..hm 1
Royal Dutch (old).!113 1113 :
¥o. (new) . . |ls [112% 114 1 |
Hman Co. . o of .oof coie] 2ons 5
f‘:‘:y Consolidated . 3‘1“5 53« ;;l ”‘E
Reading . + .. % + % ! 2
R, 1 and Steel . it 9”1‘;“ gg«;i oi% v
Rum aibh &o B 3 | 1 2
Rockalymnd .y , 0% 30% 305.- ;g,.
do. pref. A., Bl chf hr il i
do. pref. B . .| ... o i i
Ry. St:iol"l;uirllnxn ’ verel 00l oo B 0
Bloss-Sheffie e Ul oiadeat ] - (UER
Southern Pacific ./112% /112 |
Southern Rl{ulwly < 32%] 32 )32 ga*
So. el ¢« sl vised aein oy
!tudshfiur i .. 120 [117% ‘I?“, l““
o, pref. . . i Lo. e i e
Bt, L. and 8. Fran. 3;;2 :_}% ‘;% “:2
Sinclair 011 .. . . X b 11|
Shattuck-Arizona . J el
B'A&l‘.rrl"f... . l T
6, prefiisis fozeitoied . Hy
l'll‘(t’ & (“;,"“.). . .2136 'lflfl iHGH lr.i:z
0 . . . “sna Soe e
ol ot BN |MI
‘Tenn. Co N s f Al
Texas Ol . . . . .1282 ‘2o.' ‘lzsz” ‘.zml!’fl
’Ttxns‘ :;m;l‘:lr ’ ,JA 800 el .
United Ty e o sl gha sl bR
Union Pagifie ' - .1%:“{1,’;:;%”2% 38
T & Bunber. s "n«%inaa{nwln:q
U 8 e 11094
U. 8. fileolf AR | ‘ilflhgllrfillqu
do, pref. . . | 00l ial oo e
U. Cigar Stores . . l:: I:QMI,:‘U. H
Utah Copper . ~ . Ton 7."“ R
Va.-C. Chemical. e IRt TR
Wabash . . . . . . SR B Aal e
Westers Union s - ‘Ol&i 91! gl U
© .. . 224 ;
Willys-Overland , .| 38 ; 38%2 I 8 % 116
Woo{vnrth Sv v o sorsl fin] oMo
ate Tioters .L. 1 sw.\ A4l 61vs] 61
?V:‘l'l‘o‘n Packing Co,! 98 97 9% |M&
_BONDS,
.)8. b 5099.50.99,
u. Ei Ll?.‘ifi‘.l . .00, 3!“. K '9:.3330
5 = . sos gor et 3 30
. :1:: 53 :-‘ ..,IN.:H),N.:m'M n!:;.;o
do, B o] mavibiEs us e s
do, st lto . i:;:g{:gzg‘:d 10198 2%
° lztdh ‘4‘l‘:- . .‘!ufinmfon;un 949496
o Tk ‘Loan .[IOO 1100 100 100
XEx-dividend,
ATLANTA SECURITIES
R R UIR o
Atlantic Btesl Co,, c0m,......| §8 | 05
B BN . chiesiiiidiennndd D 0 108
Augusta and Sav, Rallway....! 92 | §6
Atl. Tee ana Coal C0rp,.......| 78 | 80
B L hiisi-cssmsioih 28 80
Atl, and W, P. Raliroad. ......[146 [lso
Mufi National 8ank,.......|285 |205
nibh l&. Co. (Mac0n).......[1168 [166
Fourth National 8ank...,.... 316 [320
Expositions Cotton Mills. .., ...[225 1246
Fulfton National Bank ~ ......126 ), ..
Empire Cotton 011, common, ..| 62 0h
do. pref viganikaniiveid BT 9B
luut.la & Phoenix Cotton Mills. (120 |.,
Gate City Cotton Mills, . ..,... 326 |. ..
Ga, Ry. and Banking C 0...... 233 235
Ga. Ry. and Electrie C0...,...[106 [lO7
e b Per OBt siiicciniii |TB 7
G a’y. and Power, 18t pref...| 66 | 70"
- DPOL. secinaviiins] I 8 bR
do. common ~ 12 ! 134
Towry National 8ank,........[220 (225
Southwestern Railroad ~,.... 06 l 97
Third National 8ank.........|220 (223
Trust Company of L 1876 (280
: *
Ati.-al-nr. AIFIING BB vosivryors l,lflfinlu
At{:an 3%5, 1980, ............| 1.40 Basls
At fe lee and Coal, 65.....0% |97
m' llo‘:l. 0;. Siass o .fi.: .l“l p
Ga. rond an nk. C 0....
R & 1u1..-au ba, 1937 02
VIGORDUS AIGE
IN STOGK LIST
| NEW ¥ORK, June 6.—There were
vigorous advances at the opening of g\e
gtock market today in aelarge number
of stocks with a good demand in evi
dence even in issues in which pressure
caused moderate declines.
mt interest was attached to the
budng of Steel common which rose %
to 1105)4.§'(‘1‘u1"fl’rh- advanced 1, to 96%.
Later, Stecl common passed 111
United Cigar Stores advanced 11 to
141, Allerlc:m lce Seucrities recorded
the greatest gain in the first 15 min
utes, advancing 44 to a new high rec
ord of 76~
Reading advanced 7-8 to 03 3-8, and
there was a good demand for the low-
Bflced rails, hn-hullng Missouri Pacifie,
ere Marquette and Pittsburg and West
Virg!nla. Central Leather rose to a
109 5-8.
All the coppers were strong, Utah ad
vaneing 1 3-8 to 84 7-8. Ohio Cities Gas
rose 9; to 59. Marine preferred was
weak, falling 2% points ‘to 119%.
The tone continued strong through
out the forenoon, with advances rang
ing from 1 to 6 points.
gtea] common rose nearly 2 points
to 111 7-8; General Motors 6 points to
243; Bethlehem Steel B 1 3-4 to 86 3-4;
Utah 1 1-2 to 85; Kennecott 1 1-2 to
39 Sinclair 7-8 to 63 3-4; Pan-Amer
jcan 2 points to 102 3-4; United (‘l{lu
30 123 t‘o 142; Central Leather 2 3-4 to
109 3-4,,
FINANCIAL NEWS
New York Central earned 980 per cent
on its stock in 1918, against lR,:l per
cent in 1917, 18.31 per cent in 1916,
s 9 9
The Big Four earned 9 per cent on the
common stock in 1918, against 10.03 in
1917. {
g 4.
Michigan Central earned 13.71 per cent
on its stock in 1918, against 18.36 per cent
in 1917.
.58
Hives, hefore the House committee on
his request for $1,200,000,000 to operate
lines for rest of year, prediets great in
crease in volume of business due to crop
and coal movements,
e
Bitter ppposition to proposed sale of
British tennage of Mercantile Marine
seems likely following resignation of J.
W. Platten and F. W. Scott from proxy
committee for special meeting of stock
holders June 16 to vote on sale.
hoa N
Merger of eight large independent pack
ing houses into corporation with $165,000,-
800 capital to be headed by Vice President
Hawkinson, of Wilson & Co., is announced.
' ¢ »
Tobacdo Products Company authorizes
sale to stockholders of 256,000 shares to
Tobaceo Products Exsport Corporation,
stock entitling both preferred and com
mon stockholders to subseribe pro rata at
$lO a share.
4 e
The average price of twenty industrials
107.55, advance 1.89; twenty active rails
91.50, advance 1.87.
DRUGS AND CHEMICALS
Correeted by General Distributing Co., At
lanta, U. 8. Feod Administration License
No. G-H8394.
Acid Benzoic, U, 8. P, Ib. .80 8 .90
Carbolic, Cryst., Ib. ... % .10
Phospheric, U. 8. P, Ib, .24 @ .26
Stearic, D. P. 1b...... .ll* sesb
Tannie, U. 8. P, 1b.... 140 1.60
Tartarie, Cryst., 1b.... .86 ceve
Tartaric, Powd. 1b.... .87 esen
Alcohol, denatured, fallon 4 8 AN
U. 8. P, 190-proof, gal. 497 @ ...
Wood, 96 per cent, gal. 128 @ 1.30
Allspice, whole. in bags, Ib. .17 8 o
Alum, powdered, 1b.,.... A% A%
Balsam, Cop., U. 8. P, Ib. .77 @ .79
Copaiba_Para, Ib. .... .60 @ .62%
Peruy, 18, ..cicavsvess. 3.80 8 o
PO ID. . .oscisenbnsese nlB %
Bark, Bayb:-rr{. o . 14 18
Cottonroot, Ib. ...evane .23 38
Prlckls, AN, s s B 4 a 8
Beans, Vanilla, Mex., se- ok ‘
DR, 2., cssosi:.. &0 @ 500
Vanilla, Mex., cuts, Ib. 3.28 @ 3.50 |
Vanilla, Bourbon, Ib. ... 275 @ 3.78
Vanilla, Tehat!, Ib, ... 160 @ 165 |
Berries, Junlfer, | TR 5 aF |
Saw Palmetto, gnd., Ih, .15 38
Camphor, American, 1b.... 3.76 3.80
Cassia Bark, b, ......... .39 43
Chloroform, U, 8. P, Ib. 43 @ .44
Cloves, bales, Ib. ...... .40 A 1
Coumarin, C. P, 1b._..... 7.00 7.50
%ream Tartar, U. B. P, Ib.| .66 b 6
psom Salts, U. 8 P., Ib, 2y L%
Glycering, C. P., d'ms, Ib. .20%8 ’a
O P ocanm, Ib, ..., 23 .e
Gum Tragacanth, No. 1
white, pound ....... 4.00 4,05
Powdered, 1b.,, ......... 3.66 3.70
Hops, U, 8. P. .. ovcoceaen .31 .36
Leaves, Buchu Short,
ground, p0und........ 166 @ 170
Henna, ID, .isveevcase S @ .40
Bage, ID, .ieinvnsnnse .26 26
Senna TINN . davcenees 16 18
Kola Nuts, bags, b, .. 21 .26
Nutmo’u‘ 106-1108, Ib. .. 23% .{4
Nux Vomica, powd., Ib, .12 4%
Oils, sweet, almond, 1b... 1.00 1.10
| Anise, ID, ..iseecoseoes 1,38 1.40
. Bergamot, Ib. .cioio.ooo 6,26 6.50
Castor, ID, .ofeassssses .22 .23
Clove, ID. ..evspvssssese 186 1.70
Coriander Seed, Ib, ...... 60,00 <
TOMON, 18, iiiesrisenn 590 W LD
SoRaMMe, Bl wievvssses LBT £4
Mustard, artificial, Ib.. 10.75 11.50
Peppermint, Ib. ~,..... 0.40 9.60
Sassafras, Ib. ......... 2.00 2.50
Saesafras, artificial, Ib. 41 A 5
Mirbane, ID, . ...icoooo 24 o
Dyestuffs: Market on sulphur and dl.
rect colors very firm, Vith big demand.
FERTILIZER MATERIALS|
Corrected by Harry Cohen—l. 8, Admin
istrator License G-27360.)
Nitrate of soda, $6 per cent, prompt
shipment,” $4.07% ex store or ex vessel
Southern ports.
Sulphate of ammonia, bulk, prompt ship
ments, $4.80 ¢ a. f. Southern points.
Trona Potash Muriate 40 per cent K2O,
prompt shipments, $2.60 per wunit gvail
sble, your station.
Nobraska potash, 22 per cent K2O,
prompt shipments. $3 per unit your statidn.
Acid phosphate, basis bulk, 16 per cent,
$16.50, Atlanta,
Cyanamid, rrompc deliveries, $3.76 per
unit, Ammonia f. o. b, Niagara Falls,
Cannda,
ATLANTA PROVISION MARKET,
Corrected by the White Provision Co.—ll,
. Food Administration Lieense No,
G-21371.
Cornfield hams, 10-12. ....ivveesesd B 9
Cornfield hams, 1214 . cociiiisnnnes 39
Cornfield skinned hams, M-111. seeve 00
Cornfield pienic hams, 6.8 ...0,... .28
Cornfield breakfast bacon ........c0 B 0
Cornfield sliced breakfast bacon,
1-pound boxes, 12 to case ~..., .58
Grocer's bacon, wide or narrow ~ .40
Cornfield pork sausage, fresh link
OF DUIK . i varerriiverintvneln: 0808
Cornfield wieners in 10-pound oar«
SN ike st ishliay BB
Cornfield wieners in 12-pound %kits
in }w-k)o ik iiescosvinrsntings LG
Cornfield Bologna sausage in 26«
POUDE DOROS oo ivcvecssninsisse oD
Cornfield smoked link sausage in 206«
POUNIE DORS «. s ooossisvisssidesne 0808
Grandmother's pure leaf lard, tierce
DR T i isiarsesrariirssilnmii Bt
Country style pure lard, tierco basis .36
Compound lard, tierce basis ~.... .26%
D. B oßtra vIbB oo iv oo cociniivinsnng 0898
D. 8 Ballies, medium average ......! .33 .
D. 8. bollies, light averago ~.... .33
FUUNTM' PEIS
SOUTHERN PIVTO AATERIAL 4
SEVENTY-THD NIRTH BRIAD.
STEEL ORDERS BIGGEST SINCE
THE ARMISTICE, SAYS IRON AGE
“No week sine the armistice has witnessed such large or didversified
buying of iron and steel products as the seven days just passed,” says The
Iron Trade eview. “Confidence plainly is being strengthened in virtually
all branches of consumption and forward contracts are being negotiated
freely; in fact, in several lines buyers show a desire to engage tonnage at
ruling prices to a more forward point than the producers care to entertain.”
The Iron Age says:
“The activity in the stecl market
continues in an encouraging way,
without broadening to any marked
degree. MIiN operations are on a
slightly increased scale. Some phases
kave been overrated, particularly the
amount of third quarter and second
Lalf buying, which is quite moderate
Frice irregularities continue, but the
schedule of March 20 holds its place
as the market standard. The conces
‘sions are in sheets, hot rolled strips,
steel bands and some other of the
lighter products,
“In an effort to bring buyers into
‘he market, reports of an expected
advance of $2 ver ton in certain fin
ished products have found circulation,
tut the maneuver seems to have ex
cited little response. Consumers do
net miss the fact that the improve
ment must meet the test of the sum
wmer months,
Export demand grows and the
basiness is more dependable, in con
trast with teh mass of duplicated in-
Guiries from which there was rela
tively small result in a number of pre
ceding weeks, There are signs that
fereign buyers who were walting to
get their cue from the action of do
festic consumers are now coming for
ward. "
“The blowing out of blast furnaces
keeps up, and pig iron producers are
Lsginning to point out the possibility
of overdoing curtailment, though that
point is not yet in sight. Pig iron
cutput in May® was 2,108,056 tons, or
58,002 tons a day, against 2,478,218
tens in April, or 82,607 tons a day.
The May rate was the lowest since
! March 1915, when the depression of
the early months of the war was still
mearked,
“Last month showed a net loss of
17 furnaces, there being anly 195 in
blast on June 1, with capacity of
63,100 tons a day, while 212 were ac
tive on May 1, producing at the rate
of 75,860 tons a day.
“Japan is in the market for another
100,000-ton lot of rails. ¢ The last
110,000 tons of the 50,000 * recently
bought went at $47 for the open
hearth product, indicating that the
£lO spread over the domestie price for
export did not long obtain. Export
‘business in sheets has been good in
the Pittsburg district., 1
~ “Private orders for ships and sev
eral extensive apartment house build
ing projeet, added to several thou
sand tons of industrial plant build
ings in the East and a long list of
etructural work in the Central West,
promise early expansion of aetivity in
shapes and plates. Not much rail
road bridge work is under considera
tion.
“In some markets there are un
ristakable signs of improvement in
pig iron. At Buffalo about 50,000
tons has’' been sold, including two
round lotoot bagic for New England.
At Chieca two second-half contracts
were for 12,000 tons of foundry and
8.000 tons of malleable. Cleveland re
ports fair-sized sales of foundry
grades, with inquiries increasing
bcth as to number and tonnages.
Some Southern producers are offering
iron at Cleveland and other points in
the North to meet the delivered prices
cuoted by Northern furnaces, and
competition between sections is wip
ing cut the uniform prices at furnace.
“Lake Superior iron ore shipments
up to June 1 were 8,301,550 tons, as
against 9,028,101 tons in the same
period last year. The Steel Corpora
t.on has been bringing down the bulk
of the ore thus far this season, and
the movement to independent con
sumers is just now getting under
way.”
cAfl;.A';\I"I;A uve AROCK MARENR |
(Correc . H. White, Jr.
o "White Provisien Ce.—U. 8. Foed et
ministration License No. G—21371.)
Good to cholce steers, 850-1,000, 11.00@
12.00. ‘
Good steers, 750-850, 10.00811,00.
oh::dium to good steers, 650-750, 9.50@
10.50,
Medim to choice beef cows, 750-850,
9.00@10.00.
'oMedtum to good cows, 650-750, B.OOQ@
.00,
’g‘i’ood to cholce heifers, 650-650, B.oo@
"The above represents ruling prices for
good quality fed cattle. Inferior grades,
dairy types and range cattle quoted below :
Medium to mood steers, 700-800, 9.00@
10.00,
Madium to good cows, £OO-700, 8.00@9.90
Mixed common cows, 6.50@7.50.
Good fat oxen, I‘OO?!,OO.
Good butcher bulls, 7.50@9.50.
Chelce veal calves, 7.50@9.50,
Yearlings, 6.50@7.50.
Prime hogs, 1656-225 18.00@18.50.
Light hogs, 130-165, 17.00@17 50,
Heavy pigs, 100-130, 1560 16.00.
Light pigs, 80-100, 13,50‘31 .06,
The above applies ogo quality mixed
fed hogs.
o
Florida Legislature to
Thresh Out Suffrage
TALLAHASSEE, FLA., June 6—
That Florida will be the first State
to ratify the woman suffrage amend
ment to the Constitution jof the
United States was forecast T‘:ursdny
by prominent suffragists who are ar
ranging for the introduetion of a rati
fication measure in the Legislature
which ends its biennial segsion here
Friday., Many pledges of support for
such a bill were made Thursday and
a fight probably will be made on the
floor of both Houses.
Announcement!
m
T have opened offices in the Healey Building, rooms
413 and 414, and will deal in high-class investment se
curities—hoth stocks and bonds,
To stimulate thrift and make it possible for one to
forge ahead financially, such securities will be sold on
time payments to any wel] intentioned person.
You are cordially invited to visit my offices. Orders
for one share and up accepted,
413-414- Healey Bldg. Phone Ivy 4987
CHICAGO, June 6-—Corn started 1
1-4 to 1 3-8 lower today, with scattered
commission house selling and lack of
buying support Trade was falrly ae
tive, but sentiment bearish.
Oats opened 1 1-4 to 2 lower. There
was a lack of buying support and prices
declined easily under selling pressure
from seattered commission houses.
Provisions opened dull and slightly
lower with little interest shown,
Graln quotations:
11:30 Prew.
Open. High. Low. Close. Close.
CORN~—
July 1.70 1.70 1.68% 1.691% 1.70%
Sept 1.601% 1.60% 158% 1.60% 1.61
Dee. 1.42 1.42 1.40% 1.407% 1.43%
VATS
July 677% 7% 67% 67% 6815
Sept 66 % 651 6414 648 06&
loc 656% 653 64 % 65 66
PORK ~~
Ji 60.60 50.50 50.25 50.50 50.50
va 47.00 47.00 46,15 46.15 417,85
LARD--
Jly 33.48 33.45 33.15 33.15 33.56
Spt 32,40 32.40 32.00 32.20 32.47
RIBS-—~
Jly 27.80 27.80 27.25 27.25 28.20
Spt, 27.16 27.156 27.00 27 00\ 27.45
CHICAGO CAR LOTS,
CHICAGO, June 6.~Following are re
ceipts today:
WHEAR «owo ke weod e a ll:
COPTI 4o o 5 o o 8 ¢4 s o Weo am vous
I ;. oo s He ws Anins AG Mo e N
BRREE o iiiie ah ik e i S
A
JACKSONVILLE LIVE STOCK.
Hogs—Receipts light Prospects weak.
Extra choice heavy, 18.60@19.00; ordinary
choles, heavy, 18.00@18.60; rough heavy,
17.00@ Hin, lights, 16,506 18,.00; pigs,
13.00@1340; range hogs, 11.00@13.00;
range pigs, 6.00@ 9.00.
Cattle—Receipts medium, Prospects
steady. Steery, 5.76@12.00; bulls, 5002
8.50; vearlings, 5.25@7.00; cows, §.OO
9.00: heifers, 5.50@9.00; veal calves, 8.00
12.50; canners, 4.00 up.—Willlamson &
Dennis, June 6.
| NEW YOMK PRODUCE MARKET.
NEW YORK, June 6.—Petroleum firm§
‘('rud« Pennsylvania, 4.00.
Turpentine strong, l,Ol?l.Oi.
. Rosin firmer; common, 11.60,
. Hides firm; native steers, 37% @383
branded steers, 34.
Coffee irregular; options opened 4 to up
10 poiuts lower; Rio, No. 7 spot, 20.
. Rice firm; domestic, 6% @ll%.
Molasses dull; New Orleans, open ke«
\!l«-. 76@82; black strap, 12@17.
. Raw sugar quliet; centgifugals, 7.28.
Refined sugar %uiet; fine granulltofi
9.00; cut loaf, 10.50; crushed, 10.25; molk
A, 950; cubes, 9.78; powdered, 9.15; diae
mond A, 9.00; confectioners’ A, l.Su
softs, No. 1, 8.85. (No. 2 18 five poin
below No. 1, ‘and Nos. 3 to 14 are each
five points lower than the preceding
grade.)
Potatoes easy; nearby white, 2.00@4.00;
Bermudas, 4.00@10.50; Southern sweets,
2.60@10.00. !
Beans firm; marrow, choice, 11.75; pe
ehoice, 8.00; red kidney, choice, 12.153
13.00.
Dried fruits firm; apricots, choice to
fancy, 306{':‘6; apples, evaporated, prims
to fancy, 8%?'22; prunes, 30s to 60s, 27
@3O; 60s to 100 s, 14@23; peaches, choice
to fancy, 24@ 27; seeded raisins, choice to
fancy, 1566 22.
————p————————
STOCK MARKET OPINTONS,
Clark & Co.: “"Would buy rails and cop
pers and steels. and take profits on other
issues. Great Northern Ore is safe for &
few points.’
Thomson, MeKinnon & Co.: “Prices are
likely to be higher, in which case wWe
should take profits.”
MIAMI OUTPUT FOR MAY LOWER.
Productions of copper by the Mtl%
Copper Company during the month
May totaled 4.989.680 pounds. In April,
output was 4,561,116 pounds, and in March
4,462,678 pounds. In May, 1918, produce
tion was 5,100,408 pounds, and in the
same month of 19817, 4,983,363 pounds.
Automobile 1
Accidents
VW EETHER due to-cars- ‘
lessness, inexperi
ence or unavoidable--au
tomohile accidents occur
almost daily. Is YOUR
Automobile or Truck fully
covered by insurance? The
protection far exceeds the
cost. Ask us about our
LIABILITY, FIRE, .
THEFT AND PROPER.’
TY DAMAGE policies TO
DAY. j
»
“Sure Insurance ‘
C. A. Rauschenberg, Jr.
Member Atlanta Insurance
1218-20 Atfiiii‘"&‘l"aow Bank 1
Bullding,
Phone Main 173,