Newspaper Page Text
Cotton Breaks to New Levels for Movement on Heavy Selling, Due to Weak Cables and Better Weather Conditions
10
TECHNICAL POSITION OF
COTTON MUCH STRONGER
e By YIQTOR BARRON. ;
tlan dayb'flk °l°:mss #riday. ... ... .. .... ..$10,483826.49
Same B JOOP .. .. iek iy Beksr QIR
Be @k aalh e i ie a s vid o B TERATRAT
&m“ylsflb sre er Lst reasrm Sae tae -u--81“9!8l0'91
i i i e e eaees 4,285,601.18
L
Atlayda cotton statement Friday:
g 1919, Last Week. 1018 1917,
BOOEPHN .. wu oo 11D 1,116 1,407 330
g.dpmem can oo +. LIS 856 337 2,7
Stocks ... .a .. ..28762 20,222 31,879 53,684
Bales .oro 2o o 1,000 3,500 , 160
% " @
Atlanta spot cotton. Friday....... we. ces vae sos ... 30.160
BAIRO SR TN WO, . .. .. -iicne owran e sie uu i iss SNO
I Y TR DRI 4 cis 5y 256 due 450 0b Hud sue 501 O
DN TR 0 s ois atns Reoicsm ui 6 Susinsose s« I
- - .
. The cotton market was subjected to a renewal of heavy liquidation by
ongs and hammering by the bear\crowd during the forenoon Friday as the
result of weak Liverpool cables and better weather conditions over the
e sinssses Delt. Demand was of a fairly good chardeter, coming
e from trade houses and spot people, who are advising
PO R purchases on scale down and arguing that the break
Sk P has extended sufficient to warrant a strong “come back.”
e Initial quotations at New York were 37 to 47 points net.
e o Immediately after the call the lisi ralliled 10 to 21 points
s from the opening, but quickly resumed its downward
F 4 deoWl BB] movement on increased offerings and lighter demand.
o R Before the end of the first hour’s business prices had
S 8 g f sunk to new low levels for the movement, 55 to 71 points
§oite Ce B net lower. At the bottom July stood at 29.53, October
} & .. 4 28.60, December 28.15, January 27.87 and March 27.54.
§ 0 ame B At these levels the market displayed a net loss of 327 to
o N NSO 391 points—sl6.3s to $19.56 a bale—irom the high rec-
B i ords of Monday, May 26.
e Considerable selling was due to the weather fore
e cast for fair over practically the entire belt, except pos-
Ag S gibly in the eastern part of North Carolina.
i 8 Just before midday selling subgided and buying
A B srders became more free, causing a swift recoil to 29.72
for July, 28.69 for October and 28.34 for December. At the low the New
Orleans market showed a net loss of 40 to 76 points from the previous
close. Later it moved upward with New York
Ll R a o o oaa sl B ol Seol S b angs aba dlt e fliey
. .
Financial Sunshine
R. G. Dun & Co. report only
531 commercial defaults during
May, with $11,956,651 of liabilit
ties. Excepting March, when
there were 27 more reverses than
in the shorter month of Febru
ary, each month this year has
disclosed progressive reduction
in number of insolvencies, those
in May being 12 below the pre
vious minimum of April, and in
but two months of the last
twelve has there been any in
crease.
ATLANTA MARKETS
Correctel by Cone M. Maddex Company,
V. 8. Food Administration License Num
ber G-06583.) i
Bva, ted, 50
vapo -pound boxes ...... 11
.E‘!flhes,.l dozen No. h..‘ to'
ned, dozen No. 108 ...cievveeee 36
Apricovs.
8""3 2 dozen No. 2%8 .......... 560
ulnne b ;%g”n l&o. I’os ’::8
bby's, 0. SWR . ..cenennn o
fih‘ rwficn.
Buccess, 48 H-cent packagu Sakireas DI
fium‘ord‘l oné-half pound ....eccoee =JS
umford’'s No. 1 .....ccevseneananss .85
Beans.
Caltfornia Limas, 100-pound bage .. 8.50
Michigan navy, 185-pound bags ... .I.‘
String, canned, 2 dozen Ne. 2%s .. 42
Blackberivies,
g:ned‘ 2 ldolen Mo 20 siisocninsis ‘.:s
hned. 1 dogen No. 108 .......... 10.00
Beets.
Ganned, 3 doten No. 28 c..eieoeee 318
Bran.
Pillsbury’s Health Bram ...ceceeee 1.58
Cutsup.
Bull Head, 2 dozen S-oUnoe ...... 2.70
Royal, 3 dozen 8-OUnCe .....sssescs 4.20
Celtee.
rbuckle’s, 100-pound CASeS ........ 28.80
tbuckie's, St-pound cases ........ 39.00
lue Riboon, 1-pound CADS ........ A 0
gl DWIR s..ovevsvensnsscnsnanee .;4
erfoction, bull .......sssessascese o 3
Cereals.
st Toastien, 36 packages .......eee x.}o
Sllogg's Flakes, 36 paceages ...... &30
tional Corn Flakes, 36 packages .. 3.40
inkie Corn Flakes, 38 packages .. : 0
ra Nuts, 2 domen packeges ...... & s
ded Wheat, 48 packages ...... 4.6 C
ligbury's Vitos, 24 packages .... 2.20
el & Krumbles, 36 packages 4.20
‘fil" P Voot
Stnne , 2 dozem, 10-OuUNCE ...... 2.4¢
Bulk in barrels, shredded ........ 24
Flour,
Marle, self-rising 248 ...... 12.50
eet Maris, self-rising 488 ...... 12.26
lumbia, piain, fancy pat. 248 .... 12.50
l:glbln. an. fancy ‘nt. 48s .. 12.26
llsbury's Best x;n.\'i‘ R sissesie u.oz
m,‘o Best XXX . 0052 lINO
he" Kansas Patent, 140-Ib. sack 12.00
n“abun'- Whole Whent, 12-Ib. sack 11.40/
Nabury's Pancake, 18 packages.... L«‘
Canned, ! dozen No. !1........... 345
Fruit Jars.
1l Masons, haif gais, per gross 11.80
all ‘mm. quarts, per gross - ... l.;.
1 asons, Nntfi; per gross .... % 8
oyd Mason fruit Jar caps, yress. . l.r
Alr-Tite red rings ....:.esivesesse 0
Purity ]
, 94 DRCKAEOR . .iiv saraiases 2
Bulk in 100-pound bags, medium. . 082‘
Heminy. |
Caniued, 2 dozen No. 2H/8 ..oovvveee 2.40
Krant,
Libby's, bulk, 16-gallon Kegs ...... 640
Macareni.
24 10-cent or 48 G.cent packages.... 1..’
Bulk in 20-pound DOXeS .....cesese A
Menl. .
wWater Ground, bolted, 100-Ib. bags i
Unbolted meal, 100-pound bags ... 5.85
Milk. |
Evaporated, 4 dozen tall ....oviees ‘n\
vaporated, 8 dozen bub{ Shasense Wi
on d. ghn. Brand, 4 ‘nu g.fl‘
o , Bagle Drand, 48 cans .. .:s
Dry powdered, In_barrels, MR e AW
Molnsscs. |
New Orleans black, in barrels .... A
Louisiana Black, -tn bargels .ooonnns a 4
srn:nh'n. 'l ddoun .’-oult'o Sésidnons '-;:i
ayle's, ozen B-OUNDCO siasneen .20
o.u-d. |
Purity, 18 POCKAEES . ...iivereries uol
Dunbar's Cot D'g’ " cans, No. e 330
Paney Virgnia hand-ploked, 100 1
POUDA BACKS . ... ecoirrsnrsoss A 0
Libb; 44 l’-g?«l - |
y's, OZEN Mm . ossiss svessens 3
Kingan's, 4 dozen M 8 .....eevevsass lal
Tomatoes.
Canned, No. 2 standard, 2 dosenm. ... lru‘
ADVERTISEMENT, -
“BOVERNMENT iN,I OF OANNBED
MEATE AND BACON in lafge quantitiea
Bealed bide wu be gpom-d 10 a. m,_ June
20, 1010, ‘t ne wx}y Omf,o. Trans.
portation ld'x.. Atlanta, Ga. Particulars
and special bid forms rtv}‘ln cbtn!{wl upon
application t 6 above office. Refer to 8
P. ~ Neo. b 414 Sub,
GEORGIAN'S MARKETS AND FINANCIAL NEWS
As stated in these columns mcently.‘
the course of the market at present
is being influenced chiefly by the
weather map, and, while the reaction
hae been rapid and heavy, it has done
no damage to speak of. But, on the
other hand, It has greatly improved
the technical position of the market,
making it ripe to respond liberally
te arother spell of rainy weather. The
torng Interest has been greatiy 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 lev
els. Nevertheless, a break in the
weather would start another stam
pede for hotr the actual and futures.
Those friendly to the market still
Lave a big, winning card to play, and
that is the signing of peace and llft-‘
ing of the em bargo on cotton ship
ments to Garmany and other coun
tries Mills are humming with activ
ity, ard May's consumption figures,
which will he announced about June
1%, ptrobably will shHw that an enor
mous quantity of cotton was con
sumed last month, as well as a fur
ther reduction in the #urplus supply
of cotton at mills. The last report
chowed considerably .ess than three
montrs’ supply on hand.
~ C'rop advices continued extremely
pessimistic, fields being Iterally 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
xflm require almost all of thes pm-l
t month for farmers to clean their |
fields. 1
The decline in spot cotton, puré‘ly!
in sympathy with the reaglion in fu.
tufes, has not shaken the confidence |
of holders one ifota. There is prac- !
tically nothing offering ih this vicin- ,
ity and holders aref&ot worried in the
least, being conffent of receiving |
even better prices than those recently
prevailed.
& .9
LEAVE FOR ng YORK
Lindsey Hopkine and Thomag 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.
2 9
GOODRICH MEETING
At a special meeting of stockholdl
ers of the B. F. Goodrich Companyl
on June 26, directors will vote on a
proposal to Increase the company's
caxltal stock from $84,000,000 te $109,-
006,000,
OOTTON NOTES
’ Liverpool was due 4to 8% points lower,
The market apened harle steady at 8 to
17 points deeline. At mi day the market
was barely steady at a net decline of 10 to
15 points, 8&pot cotton T”M' 50 pnl\;sl de
eline, middlings 18,96 Bales 4,000, in
cluding 3,000 Am‘ern‘:n‘ No imports.
. me map shows eloudy over the As.
lantics; some. PAIn in the Onrelinas; fair
‘om rest of the Helt: no rain and warmer.
.8
New Tork says reports from goods trade
say that financial interests are ‘warning
buyers against over-enthusiasm at present
levels.
| . 0
__The flmn-flo%’-n- aays: “The two-ald
od character of Thursday's market would
geem to Indicate that liquidation of the
een pretty well coms
\lon&‘mn&m has been tt 1
pleted. With weak longs eliminated nnd
& mood short Interest created the market I 8
im a much better technical position to re
‘:o:fl Qflm\pfl‘y Q‘o unyf fl\’vorlnn influence
wach as e signing o the peacs treaty,
or & teturn of ‘M woather rxr the mos«
ment, however, tx market noeds constant
gupport and commission honses ,1" adyis.
ing profit-taking on bulges with a view
to aoing at lower levels
“As the nnrh: sooted the recent dras
tie advance ln%fi yas A result of the detes
rleration fl! the erop on aecount of bad
‘mmn'.' in o‘.\“ n‘uturn\l thet a pr:nn’
"fllvw or ood wenther should
nee o l"n":x. ‘&l% argue that the
rum of June usually brings warm nxd
'alr wenther. b'f: nlxmm snch econdi.
tions now eofne nbout oring the present
month the grasey {6148 Wil Soan he
ecleared up, the crop properly cultivated
and sent on its way rejoleing . Nohody,
however, ventures to prediet what might
ln\::rp'ef: zflould June prove neither warm
nlr,
Canned, No. 2 Stokely's, 2 dozen.... 240
Canned, No. 10 ml dozen .. 17.20
Canned, awest, § Aozen No. 2% .... =35
Nlm; Adezén R !g.......... 450
Canined, 2 Aozen No 38 ... ....oeene 375
Peurs.
Onanned, In water, 2 dozen No. 2%s .. 1.11 l
COTTON TAKES
CHARP DEGLINE
NEW YORK, June 6.—Favorable
weather and poor cables, from Liver
pool furnished incentive for a renewal
of liquidation early initial quota
tions in the cotton r:mfl today were
37 to 47 poiats lower,, The tone was
weak. Live?wol sold @nd there was a
lgood deal of liquidation by westerll
Ongs.
Rallies met imrrnd offerings, howsy
ever, and the tofie later was heavy,
prices holding around first levels.
However, before the end of the firsg
half hour of trading the list showed a
fl?ellne of 61 to 62 points, with October
onpln&to 28.58, againgt 33.20, the re
cenk high. )
The markfe worked lower still during
the foreneon, with the list at the bottom
|howln‘f loss of 51 te 71 points, oatghosr
drogpe to 28.50 and December to 28.16.
At the low July stood at 20.53. During
the late forenoon a better demand mt:)(flte
its appearance and oflerlngl tapered 4
caunln% a quick rally of about 20 points
from the bottom. .
\
|
ll:lq grfl
| High) . M.| Close.
QIS 7 st iok (R
\i‘i.‘.’ 5 n .39.70“.“”.“20.7!32.} -15
v B il il i ket o iEREY
Bept. . . .[238.86 11.51“.afl.“g0.!
‘Oct' o . .]28.75/28.85]28.50]28 . 50]29.12-15
KOV, ¥ ¢ Wi dhs ialtiaakis .
Dee. . . J*,znl.ugl.un.u gi.n-n
'l:'g e o J27.08/28.17 u,lnc.w’:.'ss-os
Moh, . . .|27.88/27.90127.64]87.90]28, 25-36
‘an o oiaben. it Ll s TRE SRS
1 NEW ORLEANS COTTON
| 12: Prev.
. |OpenliighiLow |P. M Close.
July . « .t;.so 10.8120.402 .78)39.15-18
Oct. 42 .'g 28.08 t;. 5{27.97}28.35-38
Dec. « . .|37.80/27.73]3 dslETTiae 0108
Jan. . .27.22*21.20 27.01| ;.01 57,11
Mch, . .127.06]27 06]27,06/27.06}27.46-50
LIVERPOOL COTTON.
LIVERPOOIL, June 6.—SBpot gouon was
quiet today. Prices easier. ales 4,000
bales. American mlddllnf fair, 21.49;
good migdling, 20.06; ully middling,
19.4:; middling, 18.66; low middling, 17.41;
€OO ordma?. 15.76; ordinary, 15.53. Fu
tures opened steady.
Futures opened steady.
o - Prev.
en, Cl Close.
June .. i «s 4e @ .Alg.Ol lm 18.95
JUIF SN e o of 65 1047 N 18.56
AUBUSt .. ic és o 2008 1088 18.18
September .\ .. .. ..17.7, 17.66 17.83
SARNE .. v .0 s 4208 17.26 1%64
Novetnbef.. .. «: .. ».1040 1708 1098
DAY i vy i 30 s DR BE 25
STy .. i s i VDB 30T 10LW
PEDPURTY oo oo 44 %0 .. 16.68 16.84
Mareh .. s o 4 ci .o 52008 2508 3§ 8U
B . o 5 siins uw o 6 siw o BRAE3O.EP
Closed ‘rregular.
e i———
COTTON BIDS TO m“rfl)l..
New York 11 am. bids to verpool
were:
July i’ffl
e i A i e n iR
January il:c
March o L e el Rt o SR
New Orleans 10 a m. bids to Liverpool
were: :
July “dfi
October :7!0
R R i ian i v s (IR
pTR R g R 27.32
DR — e s el daa: SIEE S
ATLANTA COTTON SEED PRODUCTS.
U. 8. Fixed
Descriptions— Prices. \
Crude oil, basis prime. ....5.... ...« A 7
Cotton seed hulls, loose. ... . zu,oo‘
Cotton seed meal, p. ¢. common. ... $55.00
Cotton seed menl, T p. ¢ Georgla
common rme‘:olm....r.v veugin DS
Cotton seed hull®, sacked. ... . .. .nominal
TL A COTTON DIFFERENCES.
Hlfidmflair ..v,.‘{ron
Striet good middling ...... v ot
Conl BB . ...concssereosiss iBN OB
RPASE BRI . .c.i::..c.oonapiie BB R
Middling ... ........,.r““
Striet low mnguln it » b s K TP RT
dl&v Tinged.
Good middling ... e nvi NN
Strict mmam? s e asadD WRE
ellow Stained.
Good midaling . T .....500 ofr |
COTTON MARKET OPINIONS,
R. H. Hoeoper g Co.: "Purchases on fur
thet declines seen safe, considering the
gloomy outlook for the crop, and the in
dications of a more or less steady trade
demand, "’
J. 5. Bache & Co.: “We believe it would
' sound commercial intelligence for the
(J:IM‘- of unhedged &pots to wsell their
cofton around the present level of prices
and for gpegulative lm’;'- th take profits'
3 W .r" & Oo.: “The trend from this
level will depend partly upon weather
conditions.”
E. W. Wagoner & Co.: “The weather
will be the all-important factor mow and,
as recently av\ahled. June i& usually a good
weather m Y
fi-nm .Sru & Co.: “The feeling in
New York i 8 not 8o bullith, and a furs
ther teaction is '#IOTR.",V expected.”
s, E Weldl: “We suggest purchases
around olosing guotations.™
ii————————
.
House, Sweltering, Talks
Of July-August Recess
(By Internstional News Service.)
WASHINGTON, June 6.-—After
three daye of withering heat, House
members were talking of a recess
during July and August,
Leaders argue that suech a plan
would not fesult in delay of any vital
legislation. The important House
committecs must continue at their
work of investigations and in gather
ing necessary information oh which
to build the after-thé-war measures
demanded by new conditions, both
domegtic and foreign. These bills
were framed in committee and will
come to the House only aftér all es
sential preliminary work has been
done,
Leaders of thess committees do not
expect to make thelr reports to the
House until after weeks, perhaps
months of study, .
Ten More Transporis
.
Set Sail From France
(By International News Service.)
WASHINGTON, June 6 -~The sail
ing of ten more transports from
French and British ports, bringing
thome 22,041 officers and men of the
A E. F, was announced by the War
Department Thursday afternoon
They follow: The Riboney, with 4,040
from RBrese, due at Newport News
June 10; Liberator, with 25611 from
PBrest, due at New York June 17; the
Mount Vernon, with 5,054 from Brest,
due at New York June 11; the Am
mhlon, with 2,467 from Bt. Nazaire,
ue at Newport News June 14, the
Alagkan, with 2,124 from St. Nazatre,
due at New York June 15; the Florl
dan, with 1,791 from St. Nagaire, due
at fio{ York June 14; the Pecrless,
with 2,38 from Bt. Naszaire due at
‘New York June 14; the Banta Malta,
with 1691 from St Nazaire, dite at
New York June 14; the Santa Malta,
with 1,601 from St Nazalre, due at
’N»w York June 14; the Lapland, with
17, from Liverpool June 2 for New
’:orl; the Wost flon:cm, with 2, from
" t. Nnzaire Juhe 3 for New York.
' eot il et
:
| Salnd Dresstng. |
e's, 2 dozen plcnic s “peane i
h;;'::-r:“: nntl'fll:,r‘ml" - T ‘Ei
A ! SaAsBAgAaS st
| w“d‘(‘zn!:. 140-pound futes ~ |
Kiaesas 18 1300 sackages G
TRUST CO. IS OFFERING S3O,
SOUTHEN RY. 6 PER CENT NOTES
The Trust Company of Georgia is offer-
Ing $50,000 Southérn Ratlway Company 6
per cent notes, dues March 1, 1932, at 96 %
and interest to net 6.28 per cent.
The Southern Railway System is in ex
“”.Y" physical condition, it having re
cently installed deuble trmck on all, ex
copting 128 miles of road between Atlanta
and Washington and, in addition, this road
has the distinction of being one of the
e|ght leading rallronds 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 Victery Loan campaign, It h:ql o~
curred to us that a comparison of rélative
vields, at present prices, of some of the
well-known note issues, might be of in
terest,” says the Trust Company of Geor
gla. “In the list below appear notes which'
mature from 1919 to 1924, at yields from
6.20 per cent to 6.28 per cent:"
Southern Railway Company 3-year 6's,
Aue 192290 and intérest-—6,28 per cent.
Canadian Pacific Rallway Company 6's,
due 1924—101% and interest—s.7s per
cent
WILD SCRAMBLE FOR GOODS
(From Wall Street Journal.) 1
A wild scramble for cotton goods is
now going on, with buyers so eager
that acceptance of the order seems of
more importance than the price. In
consequence, prices advance soo rap
fdly that quotations of today de not
represent prices of tomorrow. Mills
are sold as far ahead as they care to
contract, mogt 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-,
nd]l that the present buying move
ment is like a fever, which, after it
has run it course, must subside. But
how long will it take to reach the
turning point? The United States is
no longer importing such great quan
tities of cotton goods as before the
war. For four years we have been
importing 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 sald to have gone ahead of this
increase in demand for goods. In
New York Stock Quotations
lll:“'sma
STOCKS— ? 'my_g\_lg_g_r. l;.l:’.
Allis-Chalmers . .| 46% cs& 45y 43y
::n. fim . 4 gAML 21% ‘:8‘1.
Amnd. B, s:cu . .90 | se%y| 89% lgi
a 8 0 sl saie] dvi] Se
Amn. Car Fary. . j 107% 108 1014 106
Amn. Cot. Ol . .| 68%| l!§ 697%| 69%
Amné Lo«;:,{. cvena| 86%: 88 LR l:gz
Amn. melting . | bl Ga%| g o
Amn. gé\-el Fdrs. .| 385% 38% 38 3','
Amn. gar Ref. ..]1395% /138 [139 l.:»,
Amn, T. and T. . .[IOB [107% 1!7'4 1‘ iy
Amn. Woolen . .[123 13: 128 [123%
Am.éob‘fi?:?‘d L. . BRI BRY) 68% ::%
At. G. apd W. L. . . liifi‘létk 161|164
Amn. Int. Corp. . |[loß 1107%[107%|108
Amn M. oand L. . .| 36%! 36 36 36%
do p::*f. ;’. ¥ 12:* 12;% l’g’v 127 %
‘ n. M ‘orp. . | %Y ..
fi?n: tuam Tob. . .]109%!108 ‘lO9 107%
O e .. .. 1B 75 6% 73
Amn W. Paper . .| 17 16 " 45
Aoy o, . cL 13 (14| 13|
e . '\l6‘:l«3lo‘ 1024'1.1%
) i i ... 104
at. lonst e . g 1 aill A,
aldwin Loco. . . .[104%/104% »18
gnlr and Ohio .. .| .| 541% 154 15
ooth Fisheries ||| 21% uq} ) g
Beth. Steel pref. . .} .. .‘.‘...‘...1‘:
Both. Steel B . .| 8634] 884 86| 85
Brook: R. T. . .| 28%| 27%] 28 g?&
Butte Superior .. .| 30% 29 30 | gu
Butte C, and Z, . .| 13% 13% 13% 13
}t-m.nrotrolsum . ] 35%) 36%) 5N ::
cas. Tl | léii&l'léiii 1648164
Ches. and gh'o o "“. 68 681 l‘lli;
Cor™™F e 1 | &) aow| 61 TR
O, M. and Bt. P. | 7%/ 468 47 |46
L e (prefr T 'na 7;% Zla
Chino (‘;22” v ok Ay a 1 1 l";“
Corn Brodvo .|| 41%| 1%l iR |6
Crucible ”é".'.; BN ETEAR I 3 KL l“fl(
ColeE & Bele : k..l L.
Cuban O, suar | 36| 86| a 0 aew
Cast Iron Sile Xt Y
(“eh(fl}‘ Leather . r'u{n% 1081109 106&
ORle DN ¢ . o 0 lak
Chandler Motor . .[200%119% [200% 198
Columbia Gas . . .| 64%| 64| 64% :i
Core-GB-Pagid . « | si:v) siogl vsos
Cont. g:nn,“.. ’ ”“1::1‘
00, ona moa. ) el el il 1
do pref. Ist . .| 313 3*% 3&15 3&%
xGen. Blectric . .|[166%{16 166 [168%
Gen. Motors ~ ... . 11: 234% 241 tisa
Goodgieh Bubper | S3ul 86k ! saia! o 8
. or. ) bk 4 i i
G Sorobret - W) Ny BWI
Gt Wntfln; v bl eeaih Sk v 2;'{:
Gulf States Stoer . || dhigl aa| dhig we
flrwr{;:-(;tr\:;\nn £ odlindadh Sasil sis '4;“@
on Voot b
{glplr Copper . .| 60 | 58%)| 89% aQ;h
Ifiterdoro .i+ o+ . 8%3 z B%| 7%
dn?uprv-hfl g 20z.l 9% 29% ‘r:z
BOROL ¢ o o 2. 3 Sk % ¥ >
i .. . 2| i ziu
‘}(flly"p‘ S lifisuilli ,[!l % Il"
nt _a . . 3 gaac |
IKoynmn: ; cee o) 998 o 8 .I%‘ ‘:
‘Kuna('lgflnou. IR |24 ’ gh\.
o y e e 5
| Kan. and Tex. . .| 10%' 10%] 10%] 10
de et .. .} .as ‘ . 53“
xKennecott ~ . .. 19 3 ‘ .‘! 3
Lack. Steel . . . .| 88 | 878§] x.u, n;
| Lehigh Valley . .| b 6 66 |SB 5%
WEATHER FORECAST
} 'rouogvm( {8 the waather forecast for
the cotton belt during the next 24 hours
Loulsiana, Arkansas, Oklahoma, Texaus
~—Fair,
North Carolina—Fair, exeept possibly
showers in enst,
outh l'mmlnn and Georgin-—Fair
ilflum-w ir
labama &nd Mississippl-<Fair,
FINANCIAL BURBAU ON STOCKS,
NEW to?x. June € -Bullish activity
18 expetted to continue The sudden an
nouncement of the retarh of the wire!
crlunpnmu to lwtw‘\'tu ownership may stim
ulnte r igher prices arc heing
‘.r..ma&'fiwm 'Ew:. Stoel, m«*ub
o, Crucible, lll’ho‘l trv. Pu ire,
Rio Grande, California and Pacific, rugar
and tobacco stocks Consigderable ur'%n
covering s noted in the coppers and -
priced rails,
—————— e
THE WEATHER. |
WASHINGTON, June, 6. cin, the South
fair weat 1 ill with temperature
changes of o
. G
Forecnst by States,
North Carolinn-Fair tonight and Sat
urday, except probably showoers tonight
in eastern part
. Bouth Carolina, ¢ A, Alnhama,
Florida, Mississippl .uuL eavee Gen
erally fair tonight and Saturday.
. Great Northern Rallway Company 6's,
due 1920901 and interect—s.6o per cent.
New York Centpal Railway Company b's,
due 1919--99% and interest—s. 96 per cent.
Studebaker Corporation 7's, due 1921—
1004, and interest—6.26 per cent.
Cudahy Packing Company 7's, due 1928,
102% and interest--6.10 per cent.
Ameriean Telephone and Telegraph
Comuapny 6's, due 1924—100% and interest
=6.80 per cent.
American Tobacco Company T7's, due
1821--102% and interest—s. B orer cent.
American Tobacco Comrn’y g due
1920--102% and interest—3s.3s {mr cent.
Proctor & Gamble 7's, due 1933--102%
and interest—is.Bo per cent.
Proctor & Gamble T's, due 19211023
and interest—B.6o per cent.
American Cotten Ofl T's, due 1919
1001, and interest—s.2s per cent ‘
Westinghouse Electric and Manufactur
ing Co. ('s, due 1930--100% and interest—
-5.65 per cent. ]
General Electric Company 6's, due 1918
10014 and interest—o6.2o per cent. |
Bethlehem Stesl Corporation 7's, due
1020--101% and interest—s. 66 per cent, |
-the season of 1914-15 it was 6,000,000
bales of lint and linters, the next
year 7,278,000, and the two following
seasons about 7,660,000, Sinoe the
present year began consumption fell
off. Perhaps people were sure thuti
the end of the war would usher in
that Edenic state in which clothes:
would no longer be worn. In the nlne]
months ending with April domestic
mills consumed but 4,295,321 bales of
lint, compared with 4,988,347 last year.
Production does not make good the
defleit caused by military use, de
oreasing imports, increased exports,
and a greater purchasing power of
the American people.
All Europe needs clothing almost as
badly as food. A large part of the
people are ragged almost to naked
ness. Beforée men and women can go
to work and children to school they
must have clothes. It is impossible
that Burope shall at once begin man
ufacturin% goods at 100 per cent ca
pacity. Their deficit must be 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 world, Speculative buying
also may lend fts ald to the rush. But
with it all, the situation may be
,summed up in the words, “Need
greater than supply.” e
| | 112:30|Prev.
_ BTOCKS— “"‘EL"!_"_‘!!.!JQ"_':
L R R i
%An(IN. £ h AR s ‘l%fi
Aogerl Boas B|B | g TS
. Paciffe (new). 34%| 34 ‘am 3%
xican Petrchum.jlfl* 193141196 % l”
lrldne ol t '47 46 ‘46 "‘a
0. RV a 4
Miami Sopver | i ua 2% ua| 7%
idvale Bteel . . .| 53 834 63 b 2%
Natisnal Consult .1 . .80 -o- (200 11
National Enamel .| 81% 79 sl% 7&
Okla. Products. . .| 14| 11%] 11% 15
N ¥ NWe | B B S B
e N, 3. i
National Lead . .‘ l!k
Yy . Ainw.nov,nsovvu
fior}hog\ Pl;'if"g 3w "9 : 3
Nev. Con. gopmr. %
& ¥, Ah‘brg&e .y Hl&,l:l‘:lll"l
Ohio Q»les as ..| 69 Bn. 58 ‘
gm-,- . Va. Coal 31 | 40% 4034] 3
an-American Pete 102% (1013 1023 /10!
Bongsylyunie . . .| .ooof osio] sove o
Pierce-Arrow . . .| 66%] 68%| 65%/ 66
gso‘:e'ul gn 50 ikl i ..'.”‘ :“
L e Dwr . . i
e O - . . . el 21 l ’;!fi‘ 26
| Pittsburg Coal . . et] fevs] s AT U
{ Royal Dutch (old).[113 (113 (113 [ll4
] do. (new) . . .{ll6 ‘lll‘ 14 (114
| :unman . T Tl e
ay Consolidated .| 23 23 23 22
SN --. o, l.\‘ 92% |93 82
g. I. and Steel ..| "N g'%, 9 80
wloy R e 33% i& 38 36
Ro®k fsland ... .| 30% 30%| 30%| 308
B B B ok oof ok v ;3
@, e RSP RN pyet e .
Ry. Steel Springs .| ....| ....] ....] 93%
Sloss-Sheffietd . . e Sl d 5
| Southern Paeific . 118% 113 1;} 112%
Southern Railway .| 32\‘» 32 W 031%
do. pref. . g 00l sl saes 70
Studebaker . . . (130 n‘mln‘h‘ %
g 0 DL . L) it sSI e
Bt L. and 8 n.‘l 2y Nyl n
Sinelair 011 , . . .| 67%| 67 07\1 €4l
shuAnu'ok-Arlmn- kv s fTk ke :(:
. . .. covil & TRt
swu‘t’ & ((*Io NN 136 (136 ,l!fi 1:;&
y nt 5 sk A R N
Tob, ?‘rodu-‘u s BRI T IM
Tenn. Gopper . . ‘ 16%| 16 | 16% 14
Texas ONI . . . + .|283 (383 fon3 o
TEAE PRI & o) .i..] ocif 600008
United Fruit . . .| ! LTB4
Union Pacifie . . .[136 (13581136 [135%
‘U, Food Products .| 983 68 98! 78
U. 8 Rubber. . . .[116% 116% 116% llb‘
v. fl‘.' B(Pl'l( e ia ~lll%}llulmlllfi }g:“
R w i) fosaan
. (}‘ll‘ur Stores . . l:% !':": 1!;53 13:“
Itah Copber . ~ . 3
h«0 hr‘kmwm. " zl.::' ":E T: ! f'
Wabsoh . . . . . .
do, pref. A . .| 37% ' 17 I 373 33
Woatern Union . .| 91%' %1% 9 "
\‘R"lll%';-nv;rlnnd ! 17“6] IBN ':3
SERPOTEN . v i B
Woflm(’hmm « wIBB |Ol 07\0' 57%
'\\'hltr« Motors . o] 81% hl_'g! 613! 61
Wilson Packing Co.| 98 & 07%| 98 L 0 %
NDS.
. 8. Lib. 3%s . . 50198 50199, 9.
do. Ist & . ’R 3F itk 22000 . 9
do, g« da . . .[90.30 04 20104 4.40
do. 34 ‘4"". . 4‘“.‘ : "!)OM 44 9!‘3‘:
do. Ist e . 094.7 ]
go ,d 4hm . |95.68 05 68195 BBISS 60
6. #th #igs . 194,04 91 80[04.94(94.98
4![2, 6th Loan . [IOO 100 100 100
x -dtvfiend
ATLANTA SECURITIES
s el 8 1S B
Atiantic Bteel Co., cem... ....i 88 | 96
do. pref. easl 90 1 93
Augusta and Sav. Rallway.i..| 92 | #6
Atl, lce anda Coal 00rp........| 78 | %0
do, pref s sereest 18 109
Atl. and W. . Railroad. ......[O4B |1560
Atlanta National 8ank........[285 |896
Hivh Meg Co. (Macon). ... [l6B 1165
rth National nwn., coon 816 320
rumnn Cotton s, . 1236 1246
ton Nnuun‘lmlnm iy sAO ‘4
pite Cotton’ O, eommeon. ..| 62 65
do. pref R ) 2% 98
Fagle & Phoenix Cotton Mills }l2O i
i:.im ("lu (?nrfiua ?&1n(.‘,0 ’: sit
Ry, ond Mieotrie co L 1 (o [Tor
& 40 6 p;r':-pm. o £‘ Z‘ i _7,:
& Ry o rur. pref. ..
;tt.dn oo b Tok
0, COMMMOR ..\ .i. .. 0v0.0i) 18 I=h
Lowry National 8ank,........ /220 (22
rnmvmnl lhflrotd i " 7
hird Nationsl Bank, .. ... .[# 3
Trast Gompany, of Geotwis ... 316|280
BONDS,
Atl -(har. Alriine e ol E.lflscz
Atlanta 3%m, 1080 ... ... 00l 4401
Atluntic Joe and Conl, 65.....193 oz
Atlnntle BBt i o 0 D 8 9
Ga. hfl"‘h ud Bank. "ouv.llo 56
Cen R R, nk, Co. bs, 1937]89 ”
| — b
NEW YORK, June 6.-—~There were
vigorous advances at the opening of the
stock market today in a large number
of stocks with a good demand in evi
dence even In issues in which pressure
caused moderate declines,
Most interest was attached to the
buying of Steel common which rose %
to 110, ; Crucible advanced 1% to 964
Later Steel common passed 111
United Cigar Stores advanced 13§ to
141, American lce Seucrities recorded
|tho greatest gain in the first 16 min
utes, advancing 4% to a new high rec
ord of 78
| Reading advanced 7-8 to 93 3-8, and
there wad a good demand for thé low
‘B-”"'l railg, fneluding Missouri Pacifie,
ere Marquette and Pittsburg and West
\'lrglnin Central Leather rose to 4
‘lO9 H-8
All the coppers were strong, Utah ad
‘vancing 1 3-8 to 84 7-8. Ohio Cities Gas
rose % (o 89. Marine preferred was
weak, ‘fnfllng 24 points to 119%.
. The tone continued strong through
out the forenoon, with advances rang
ing from 1 to 6 points.
Steel common rose nearly 2 points
to 111 7-8; General Motors 6 points to
243; Bethlehem Steel B 1 3-4 to 88 3-4;
Utah 1 1-2 to 85; Kennecott 1 1-3 to
39; SBinclair 7-8 to 63 3-4; Pan-Amer
fean 2 points to 102 3-4; United Cigars
8 12 to 142, Central Leather 3 3-¢ to
109 3-4,
FINANOIAL NEWS
New York Central enrne:‘s 30 Rflr cent
on its stock in 1918, against l.’l per
cent In 1917, 18.31 per cent in 1916,
¥ sy
The Pig Four earned 9 per cent on the
e:n;mon stock im 1818, against 10.03 in
11.
4 .85
Michigan Central earned 13.71 per cent
on its stock in 1918, against 18.35 per cent
in 1917,
B ..
Hines, before the House committee on
his request for §1,200,000,000 to operate
lines for rest of year, predicts great in
erease in volume of business due to crop
and coal movements.
. ..
Bitter opposition to proposed sale «f
British tonn‘% of Mercantila Marine
seems lkely I'lo'lw resignatiop of J.
W. Platten and F. . Seott from proxy
committee for special meeting of stock
holders June 16 to vote on sale.
L .
Merger of eight large independent pack
ins houses into corporation with fi:5.000,.
000 capital to be headed hy Vice President
Hawkinson, of Wilson & Co., is announced.
¥ on
Tobacce Produets Comphny authorizos
sale to stockholders of 256,000 shares to
Tobaceo Produets Export Corporation,
stock entmin: both preferred and com
mon storkholders to subseribe pro rata at
$lO a share. 5
. e
he average price of twenty industrigls
10:5!, advance 189; twenty active ralls
91.560, advance 1.87.
| DRUGS AND CHEMICALS ]
C by Distributing At
m‘&mum%
No. G-8R394.
Acid Bengzoic, U, 8. P., Ib. .80 .90
Carbelie, Cryst, l% 1% .10
Phe“m.rlv. g & W .28
. Btearie, D. P. 1b.,.... _.18% iy
anple, U. S. P 1!.... 1 1.60
artaric, Cryst, 1b.... 4 a ] ceen
artaric, Powd. 1b.... .
Aleohol, dwnn’lbund, rlloa 40 0 .42
. U. 8. P, 1%0-proof, gal. 497 : Pk’
Wood, 96 per cent gal. 1.28 1.30
Allspice, whole. in bogs, Ib. .17 %
Alum, powdered, 1b.,. ... AY% 4%
Balsam, Cop., U. BP, 6. .77 .70
Copaiba Para, 10. .... 60 82%
Wty T s icaaneehns B .
‘.T?“B‘:mlb'. ln i
Bark, N wvin » X
‘ Cnttnnrlu(."l';. 5o d¥ W A 8 .28
| Prlckl&. Agh, a sekpge } W .28
Beans, Vanilla ex., so~
‘ lected, ID. ........... 450 @ &00
| vanilla, Mex., cuts, Ib. 3.26 @ §.60
Vanilla, Bourbom, Ib. ... 276 2"
Vanilla, Tehatt, Ib, ... 1.60 @ 1.8
Berrics, Junl{;er. £ iaa 8 .12
Baw Palmgtto, gnd, ». 15 A 8
Cmnrho 2 rfim'flcnn. soo 3.7; 3.80
‘Caua‘l VIR i oaiianie .43
Chloroform, U. BP, Ib. .43 A 4
Cloves, bales, Ib. ...... .40 41
Coumarin, C. P, b _..... 10 7.50
Cream Tartar, U. BP, Ib. 6 .56
Bpsom Saits, gBP, b 4;2 2%
Glycerine, C. P., d'ms, Ib. .20 vk
E OP, oans, 1B .00 .23 .
Gum Tragacanth, Ne. 1
white, pound ....... 400 @ 4.08
| Powdered, Ib, ......... 3.66 8 3.70
il‘lop., BB V.o e 31 .38
Lea.es, Buchu Bhort,
- ground, p0und........ 168 @ 170
- Henna, Ib. 0....1ees A 6 40
L Bage, Ib. .. seineeves .25 .24
| Senna Tinn ........... .16 18
Kola Nuts, balz,. B i 21 .26
Nutmegs, 105-1108, b, .. 2@ .24
Nux Vomliea, powd., Ib, 12 4%
Oile, n\o\r almond, 1b... 100 1.10
Avioe, 18, ...iieviveves ::6 1.40
Borgamot, Ib. ......... 625 6.50
Castor, ib. . ...coooooooo 22 .23
Clove, B cuvc.aviveivis 200 1.70
Coriander Sced, Ib, ...... 80 .
| BN, M . ..ooviiedd B 1.38
BOsame. 88, o-rnv s &67 aa
’ ;‘luntnrd, artificial, b, ¥72 11 53
sppermint, b, . ..., 0 "
Rm-:\'frnn, w . ”o 2:Q
Spesafras, artificial, Ib, 11 45,
Mirbane, Ilb. ..o aovans 24 5
Dyeéstuffs: Markel on sulphur "‘3 a
rect colors very firm, Wwith big demand.
FERTILIZER MATERIALS
Corrected by Harry Cohen—U, S. Admin.
istrater License G-27360.)
Nitrate of soda, 95 per cent, prompt
shipment, $4.07% ex store or ex vessel
Southern ports.
Sulphate of ammonfa, bulk, prompt ships
ments, $4.85 ¢ a . Southern points.
Trona Potash Muriate 40 per cent K2O,
prompt shipments, $2.60 per unit avail
¥ble. your station.
Nebraska potash, 23 per ocent K 29,
prompt shipments, ::zr Whit your station,
A hosphate, bulk, 16 per cent,
'l&g%‘. anu
Cyanamid, prompt dellveries, $3.75 per
Enll Ammonia f. o. b, Niagara Falls,
an. da, '
————————————————
ATLANTA P! lON Kg
Corvected by m-ox& on —O.
K. Food Ad on Ne.
G—21371,
Qorntield hams, 1018 ............0. 09
gnrn!whl hams, 12-14 s vaew ol
Jornfield skinned hame, 16-18......, __39
Cornfield pienic hame, 68 ........ .19
Cornfield breakfast baoow . ......... .09
Cornfield sliced breakfast bacon,
11-pound boxes, 12 to case . ws
Grocer's bacon, wide or nartow ~ .40
Cornfield pork ssusage, fresh lnk
or hulk . Eis i Biaves i M
Cornfield wieners in 10-pound ear
-1 SOMB siveosnosna Rl i
i(‘nrnfl:-ld wieners In 12-pound Kkits
- In pickle ehavisglanesisibar BN
Cornfield Hologna sausage in 28
. pound boxes SEAR S A . 0
Cornfield smoked link sausage in 26+
pound DOXEB . . ...ovvavrocissiinn 20
Grandmother's pure leaf lard, tlerce
- BN i sanindabibiiitaay 37
Country style pure lard, tierce basis .36
Compound lard, tierce basis ...... .20%
| .ll,t;":tlr':arm»,l.x senageiaivenveee ol
D 8 08, medium AVOrage ...... .
D & bollies, Mght s ;i
Fllllllfllfl PENS
SOUTHERN PHUIY MATERIAL OV
SEVENTY-TWO NORTH BRUAU
STEEL ORDERS BIGGEST SINCE
THE ARMISTICE, SAYSIRON 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 tonnagas at
ruling prices to a more forward point than the producers care to entertain.”
The Iron Age says:
“The aetivity in the steel marlke!
centinues in an encouraging way,
without broadening to any marked
cegree, Mill operations are on a
slightly increased scale. Some phase:
keve been overrated, particularly the
amount of third quarter and seconn
ralf b?ylnx, which is quite moderate
Friee irregularities continue, but the
schedule of March 20 holds its place
n¢ the market standard. The conces
sions are in sheets, hot rolled strips,
steel bands and some other of the
lighter produets.
“In an effort to bring buyers into
‘he market, reports of an. expected
advance of $2 per ton in certain fin
ished products have found ecirculation,
tut the maneuver seems Lo have ex
cited little response. Consumers do
‘nct miss the fact that the improve
mont must meet the test of the sum
vier months.
Export demand grows and the
business I 8 more dependable, in eon
trast with teh mauass of duplicated in-
Guiries from which there was rela
tively small résult in a number of pre.
coding weeks. There are signs that
fcreign buyers who were waiting to
get their cue from the action of do
““: CONSUMErs are NOW coming tor-’
ward,
“The blowing out of hlast furnaeoa‘
keeps up, and pig iron preducers are
Feginning 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
8,002 tons a day, against 2478218
tons in April, or 82607 tons a day.
The May rate was the lowest since
Mareh 1915, when the depression of
the early months of the war was still
merked,
“Last month showed a net loss of
17 furnaces, there being only 1985 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 706,860 tons a day.
“Japan is in the market for another
300,000-ton lot of rails. The last
10 000 tons of the 50,000 recently
bought went at $47 for the open
hearth produet, indicating that the’
£lO spread over the domestie price for
export did not long obtain. Export
businé:s in sheets has been good in
the Pittsburg distriet. |
“Private orders for chips anil sev
oral extensive apartment house build
ing: project, added to several thou
sand tons of industrial plant build
ings in she Bast and a long list of
etructural work in the Central Weat,
promise early expansion of activity in
shapes and plates, Not much rail
road bridge work is under considera
tion.
“In some markets there are un
‘mistakable signs of improvement in
‘plg iron. At Buffalo about 50,000
tons has been sold, including two
'round lots of basic for New England.
At Chicago two second-half contracts
were for 12,000 thne of foundry and
8 000 tons of malleable. Cleveland re
ports fair-sized sales of foundry
grades, with \inquiries increasing
bcth as to nmeer and tonnages,
Some Southern producers are offering
fron at Cleveland and other pointe in
th« North to meet the delivered prices
ciroted by Northern furnaces, and
competition between sections is wip
ing cut the uniform prices at furnace.
“Lake Superior fron ore shipments
up to June 1 were 8301560 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 thi® season, and
the movement to independent con
sumers I 8 just now getting under
way"
ATLANTA LIV K MARK |
(Corrected by W. H Whie Prectdent
of White Provision Co.—U. 8. Food Ad
ministratien License No, G-—21371.)
,o(‘))(and to cholce steers, §6O-1,000, 11.00@Q
“Good steers, 760-850, 10.00@11.00.
w&griul\ to good lvwl. 650-750, 9.50@
Medim to choiee beef cows, 7850-850,
Q.oomo.
..a: to good cows, 650-760, B.OOQ
"gimu to choice heifers, 550-650, B.oo@
"Phe above represents ruliiig prices for
1003 quatity Ng cattle. Inferior grades,
dairy types and range castle quoted below:
”l.!.udlum to good steers, 73\)»!”. 9.00%
Medlum to good cows, $00.700. £.60@9 00
Mixed common cows, 6.50@7.60,
ood fat oxen, 8. 00@9.00
butcher bulls, 7 ."M‘l 50,
holce venl enlves, 7.50499.50,
anrlings, 6.60@7.60.
rimé hogs, 166-225 18 18.560,
wht hoga, 13405, 17.00@17 50.
vy pigh, 109.130, 16504518 00,
ARht pigs, 80-100, 15.60@ Y 06
he aLove applies to good quality mixed
ced hoge.
.
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 of the
United States was forecast Thursday
by prominent suffragists who are ar
ranging for the introduction of a rati
fication measure In the Legislature
which ends its biennfal session here
Iriday, 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!
W
T have opened offices in the Healey Building, rooms
413 and 414, and will deal in high-class investment se
eurities—both 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 well intentioned pewson.
You are cordially invited to visit my offices. Orders
for one share and up accepted,
H. R. CALEF
413-414- Healey Bldg. Phone vy 4987
l l;fiFf @
2004
Y IR,
I #
arer dogo qilesone eA, WOQ
T ————
5 :
T ‘
CHICAGO, June 6.-Corn started 1
1-4 to 1 3-8 lower todnf, with scattered
commission house selling and lack of
buying support. Trade was fairly sec
tive, but sentiment bearish.
Oats opened | 1-4 to 2 lower. There
was a lack of buying support and prices
declined easily under selling pressuré
from seattered commission houses.
Provisions opened dull and _slightly
lower with little interest shown, 4
Graln quotations; ¥
11:30 Prev,
r\O,pcn. High. Low. Close. Close.
OR N —
July 1.70 1.70 1.68% 1.69% 1.70%
Sept 1.60% 1.60 % 1.68% 1.60 % 1.61
Dee, 1.3 1.42 1.40% 1.40% 1.42%
VATS:
July 67 7% 67 % 6714 67 68
Sept. 661 66 14 649 u& 45
Dec. 66 % 65 3% 64% 66 66
PORK
Jiy 5050 50.50 60.26 50.50 ° 80.50
Spt 47.00 47.00 46,15 46,15 47.85
LAKD-~
Jiy 33.48 33.46 33.15 33.16' $3.56
Spt 33.10 32.40 32.00 32.20 2.4
RIRS
Ny 2780 2750 2736 27.26 3818
Spt. 37.16 2716 2700 37.00 SN.B%
CHICAGO CAR LOTS. i
CHICAGO, June 6.—Following are mp
ceipts todny:
WHEIE .. ~ ¢vo oo da o 0 ol o 9 9
LOORIE o\ oy wih ol aie we o WeN Sol T
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P ——————————————
JACKSONVILLE LIVE STOCK.
Hogs -Receipts light. Procsmctu weak.
Extra cholce heavy, 18.60@19.00; ordinary
choice, heavy, 18 00@18.60: roug;l heavy,
‘17,»0318.00: lights, 16.50@18.00; g‘r
13.00@13.60; range hogs, 11.00@ 13.00%
range pigs, 6.00@ 9 00. #
Cattle—Receipts medium Prosp
steady. Steers, 5. 76@13.00; bulls, 5.0
£.50; yearlings, 5.25@7.00; cows, 5.00
9.00; heifers, 5,609 00; veal calves, §.
12,60; canners, 4.00 up~—Williamson
Dennis, June 6.
e eSS
NEW YOMK PRODUCE MARKET.
. NEW YORK, June 6 —Petroloum firm;
crude Pennsylvania, 4.00. y
Turpentine strong, 1.03@1.04,
~ Rosin firmer, common, 11.60.
Hides firm; native steers, 37% @39
branded stocrs, 4.
Coffee irregular: options opened 4 to up
10 points lower; Rio, No. 7 spot, 20,
Rice firm; domestic, 6% @ll%.
Molasses dull; New Orleauns, open ket
tle, 76@82; black strap, 12(3.17.
Raw sugar quiet; centrifugals, 7.38,
Refined sugar %ulfl; fine xranulna
'9.00; cut loaf, 10.50; crushed, 10.25: m
A, 9.50; cubes, 9.78; powdered, 9.15; difs
mond A, 9.00; confectioners’ A, 9.30%
softs, No. 1, 5.85 (No. 2 is five points
below No. 1, and Nos. 3 to 14 are -nfl
five points lower tham the precedi
grade ) a 5
Potatoes uoe'; nearby white, 2.00%4.00;
Bermudas, 4.00@®10.50; Southern sweels,
250®10.00 -
Beans firm; marrow, choice, 11.75; pa
choice, 8.00; red kidney, choice, 12.7
13.00 0
' Dried fruits firm; Aprlcétn. choice ‘.
fancy, 30@356; apples, evaporated, prh”
Lto fancy, 18%@22; prunes, 30s to 60s,
®3O; 608 to 1008, 14@23; peaches, rhog
to fancy 34’:7, seeded ralsins, choice
}(lmry, ifada? s
} STOCK MARKET OPINIONS,
. Clark & Co.: "Would buy rails anfl cops
pers and stoels and take profits on other
issues, OGreat Northern Ore is safe for &
sow pofnte.’’ .
Thomson, McKinnon & Ce.: “Prices w
likely to be higher, in which case ;
should take profits.’™ "
| g, =g e .
i MIAMI OUTPUT FOR MAY LOWER.,
Productions of copper by the Miami
Copper Company during the month of
May totaled 4889 550 pounds. In Apeilh
‘nmy'ul was 4,561,116 pounds, and fn March
4,462,678 pounds In May, 1918, produss
tion was 5,100,408 pounds, and in tha
same momth of 1917, 4983,363 pounds.
Automobile
Accidents
wflmnxdue tocare- -
lessness, inexperi
ence or unavoidable——aun
tomobile 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.
”
“Sure Insurance
C. A. Rauschenberg, Jr.
Member Atlanta Insurance |
1218.20 A:E..:i:'m'nm Bank
Bullding. ‘
Phone Main 173, 1