Newspaper Page Text
#*Cofton Breaks to New Levels for Movement on Heavy Selling, Due io Weak Cables and Better Weather Conditions.
gl
TECHNICAL POSITION OF
COTTON MUCH STRONGER-
Ltla.nt By VICTOR BARRON.
:abalr:: clearings Friday.... ... .. e .$10,433,826.49
IR BRY IRBE JORE oo v oo v sind mes wes savis < 8101.947.02
BREERREN s i T e vl Dl el e BBTERATO 4T
Same day last week ... .. .... 8,499,840
By 1017 bl eass v b anh sek e TURE GOOI
Same day [ oviee cie vt es e 4,285,601.16
Atlanta cotton statement Friday:
1919. Last Week. 1918. 1017.
Repe‘iptl i avnase LITH 1,115, 1,497 330
Shipments ... ... 1,015 856 337 2,771
s |
Stocks ... .. <. ..28,762 29,222 31,879 53,684
B . e o 00l 1000 3,500 150 ]
=’. -
Atlanta spot cotton Friday....... «.. ..o <ot cee ... 30.16 c ‘
IR RLA OO . s ho mevvo v iy weniaarsess ORSOO
SRS R R GO Y
B R ABRE iv e ee s 88,900 ‘
- 2.9 @ |
The cotton mar{xet was subjected to a renewal of heavy liquidation h)';
longs and hammering by the bear crowd during the forenoon Friday as the‘
result of weak Liverpool cables and better weather conditions aver the
. easssismeen Delt. Demand was of a fairly good character, coming
. MV“‘%" from trade houses and spot people, who are advising
S purchases on scale down and arguing that the break
e & has extended sufficient to warrant a strong “come back.”
:;;;;.;zg‘_;,‘ o Initial quotations at New York were 37 to 47 points net.
L . W Immediately after the call the list ralliled 10 to 21 points
® L from the opening, but guickly resumed its downward
e 59 movement on increased offerings and lighter demand.
«’ Before the end of the first hour's business prices had
e sunk to new low levels for the movement, 55 to 71 points
o » net lower. At theé bottom July stood at 29.53, October
[ | ity 2850, December 2815, January 277 and March 27.54.
%88 At these levels the market displayed a net loss of 327 to
SNt w
RN 391 points—sl6.3s to $19.55 a bale—from the high rec-
B B ords of Monday, May 26. =
g P Counsiderable selling was”due to the weather fore-
Rt s cast for fair over practically the entire belt, except pos-
SR sibly in' the eastern part of North Carolina.
S Just before midday selling subsided and buying
e e OTdETE Decame more free, causing a swift recoil to 29.72
for July, 28.69 for October and 28.34 for December. As the low the New
Orleans market showed a net lo=s of 40 to 76 points from the previous
close. Later it moved upward with New York
eel e saei Tl LDI M L Uil s it T S
. . ’
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 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.
COTTON NOTES
Liverpool was due 4 to 81 points lowers
The market opened barely steady at 8 to
17 points deciine. At midday the market
was barely steady at a net decline 2‘ ‘0 to
16 points. Spot cotton qulet. 50 poins de
cline, middlings 18.96 d. Sales 4,000, in
cluding 3,000 American. No imports.
»& 0 -
The map shows cloudy over the At
lantics; some rain in the Carolinas; fair
over rest of the balt; no rain and warmer.
sy s 9
New York says reports from goods trade
say that financial interests are warning
buyers against over-enthusiasm at present
levels.
* = 0
The Times-Picayune says: “The two-sid
ed character of Thursday's market would
seem to indicate that liquidation of the
long interest has been pretty well com
pleted. With weak longs eliminated and
a good short interest created the market is
in & much better technical position to re
spond promptly to any favoring influence
such as the signing of the peace treaty,
or a return of bhad weather. For the mo
ment, however, the market needs constant
support and commission houses are advis
ing profit-taking on bulges with a view
to replacing at lower levels.
A 8 the market scored the recent dras
tic advance largely as a result of the dete
rioration of the crop on account of bad
weather, it is only natural that a present
prospect for a spell of good weather should
cause a reaction. ‘Traders argue that the
month of June usually brings warm and
falr weather, hence should such condi
tions now come about during the present
month the flrmy flelds will soon be
eleared up, the crop properly cultivated
and sent on its way refoicing . Nobody,
however, ventures to predict what might
happen should June prove neither waw\
nor fair.”
J. F. CLARKE'S COTTON LETTER.
NEW ORLEANS, June 6.—A very disap
pointing Liverpool, unsavory political news
and good weather combined for further
bearish expressiop in the market. Gen
eral news for the present suggests con
certed feeling and action to pause and
consolidate, Liverpool weakened sharply
on futures and quotes spots 64 English
points down, sales only 4,000, Spot de
mand seems waiting here, partly compellied
to this attitude by the decline in the
hedge.
The map shows favorable conditions,
Fair and warmer. No rain except partly
cloudg In the Atlantics with some rain in
the Carolinas. Indications are for sta
tionary conditions for a day or two, but
there are prospects of a disturbance com
m; from the West towards Monday.
'his market opened 60 to 60 points low
er on the lower Liverpool, smaller spot
sales, unfavorable political news and
good weather, It rallled 30 points on
scalpers’ buying on the low opening, but
woon lost !?o advance and settled to a
wsl!lng attitude around 27.80 for Oclos
ber, onsideration of improvement in the
crop situation and the apparent pause in
the buying movement in goods and spots,
are lessening energy of support It looks
ke & traders’ proposition of buying on
breaks and selling on good rallies, Of
course, after a decline of nearly four
cents from the top, there is a disposition
to watch for buying indncements. ]
London consols % higher and Liverpool |
rallied some towards the close, ‘
ST. LOUIS LIVE STOCK\ MARKET, ‘
BT. LOUIR, June 6. Cattle—Receipts
800, Market steady. Native beef steors,
ll“flg 18.60; yeariing steers and heifers,
P.50@16.00; cowse 10.50@13,80; stockers
and feeders, 11360 calves, 7.76@
16.80; Texas steers, 10009 1800; prime
Bouthern steers, 7.60@156.00; Dbeef cows
and heifers, 6.650@ 8.00,
Homg--Roceipts 9,000 Market steady,
Mixed, 19.656@20.25; fnod. 20 2ngzo.:m
roug?h, 16766 190.26; Tikhts, 19.76620.00;
Mg; 15.264018.76; bulk, 13.00@ 14,50
oep--Recoipts 2,000, Market steady,
Chobpers and cannery, 6.008.50; lambs,
11.50@18.75,
————————————————
ADVERTISEMENT.
MENT BALE OF CANNED
AND BACON in \Arzo quantities,
¢ ?u will be opened 10 a. m, June
, 1919, at Zone BSupply Office, Trans-
Lot .hAnnu. b?u‘.ml:‘meulm
B I 8 rms upon
application to abov ::&n. Refer to 8.
THE GEORGIAN'S PAGE OF MARKETS AND FINANCIAL
. The markst suffered a severe col
lapse during the afternoon as the re
sult of a vigorous selling movement
and lack of support. Ring profession
als, Wall Street, the" Western crowd
and longs sold heavily, causing all
options te fall materially from the
midday levels,
At the bottom the New York mar
ket showed a net decline of 123 to
137 poidts, while tH€ New Orleans
market suffered a similar loss. At
the bottom July (New York) stood
at 28.75, October, 27.79; December,
27.45; January, 27.15, and March 217
cents. e L |
There was nothing new in the sit
uation to warrant the attack on the
market, the crowd using better
weather as basis for the raid. 1
At the clpse the New York mar-‘
ket showed a net decline of 125 to
133 points.
Atanta spot cotton sunk a full cent,
go 30.15 cents a pound. New York
middling fell 105 points, to 30.35.
As stated in these columns recently,
the course of the markei at present
is being influenced chiefly by the
weather map, and, while the reaction
hag 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
long Interest has beon greatly cur
tailed and a big short interest built
up. Sold-out longs are holdingg off
at the moment, with the end in%iew
of replacing their lines at lower lev
els. Nevertheless, a break in the
weather would start another stam
pede for botx the actual and futures.
Those friendly to the market still
have a big, winning card to play, and
that is the sig:nng of peace and lift
ing of the em bargo on cotton ship
ments to Garmany jand other coun
tries. Mills are humming with activ
ity. ard May’s consumption figures,
which will be announced about June
1%, probably will show that an enor
mous quantity of ecotton was con
sumed last month, as well as a fur
ther reduction in the surplus supply
of cotton at mills. The last repori
showed considerably ‘ess than three
monthks' supply on hand.
Crop 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 bthlnd 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
tieally nothing offering in this vicin
ity and holders are not worried in the
least, being confident of recelving
even better prices than those recently
prevailed,
8. &
LEAVE FOR NEW YORK
Lindsey Hopkins and Thomas B,
Paine, prominent Atlanta capitalists,
‘len at-noon Friday for New York.
Mr. Hopkins is to nttfmi the diree
tors' meeting of the American Hide
‘And Leather Corporation.
|| P e
1 GOODRICH MEETING
At a special meeting of stockholdl
ers of the B, I Goodrich Company
on June 26, directors will vote on a
‘proposal to increase the company's
capital stock from $84,000,000 to $109,-
000,000, -
CHICAGO LIVE STOCK, '
(By United States Burean of Markets.)
CHICAGO, June 6 —Hogs—Receipts 36,-
000, Market opened 20@25 lewer, but
general trade 256@ 46e under yesterday’'s
average, Top, 20.16; bulk, 19 76@19.95;
hoavywelghts, 19.80@ 20.00; medium, 16 6h
@ 20.00; “*h?. 10.406r19.95; Jdight lights,
18,006 10.76; heavy packing sows, smooth,
19.40@ 19,75, "uwkinx wows, rough, 19.00@w
19.40; pigs, 17.26@18.00
Oattle—Receipts 3,000, Good heet
steers and packers, strong to higher: oth
ers and bulls, steady; calves, {fu- higher
and feeders slow and steady, Recs steers,
medium and hed?y ‘cholee and prime,
14.76@16.26; medium and good, 11.76@
14.75; light good swd cholce, 12 25614 85;
common and medium, 9.76@12.40; hutch
eor eonattle, helfers, 7.26@12.75; cows, 7.00
12.96; bulls, a.uén.an; eanners and cute
ters, cows and helfers, 5.756@ 7.00; canner
steers, 7.50@0.50; veal calves, 14,nu1
16.60; feeders steerm, 9504 15.00; stocke
steers, ‘7.!0%"."; stocker cows and heif
ers, 7.756@9.75,
Bheep—Recoipts 14,000, Good and
cholee lambs, steady; othe‘n and sheep,
unevenly lower, Lambs, §4' pounds down,
12 15.60¢ ll"mfll up, ";‘”"“‘22’
: 3 arling wethe
t 3.0 t M sdseo. :
COTTONTAKES
CHARP DEGLINE
{ NEW YORK, June 6.—Favorable
‘weather and poor cables from Liver
pool furnished incentive for a renewal
of liquidation early ana initial quota
tions in the cotton market today were
37 to 47 points lower, The tone was
‘weak. Liverpool sold and there was a
food deal of liquidation by wester®t
ongs. -
Rallies 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
showing loss of 51 to 71 points. October
dropped to 28.50 and Decembery to 28.15.
At the low July stood at 29.'5}./ During
the late forenoon a better demand made
its appearance and oflerin% tapered off,
causing a quick rally of about 20 points
from the bottom.
There was a heavy selling movement
during the afternoon, with selling com
ing: from all directions. The list fell
123 to 137 Qoints net, with July der
ping to 28.75, October 27.79 and De
cember 27.45. /
At the close the market was steady
at a net decline of 123 to 133 points.
' Spot cotton was officially quoted 105
points lower at 31.35 cents,
kxports for the day totaled 39,640
‘bales, including" 11,262 coastwise.
TR i coniin i
‘ NEW 10£K COTTON
| [Open. [High.| Low. |L.Salel Close. |Prv.Close.
iJr\e Lol of.sl vvei) ..A.1........’a0.0z
Jly £29.70129.85J23.75!23.86!28.85 30.12-15
‘Ag £ S etad o Galse b bovio et
| Spt |28.85]28.85/28.85/28.85]........|29.32
Oct |28.75)28.85/27.79127.83/27.79-80/29.12-15
LNy ov kv od do ki ikos eiR D 0
Dec [28.25/28.46(27.45(27.51]27.45-50|28.90-73
Jiw +37A98{28v17 27.15/27.20{27.15-20{28.38-45
‘I"M. ik eelonk Xby iha? U L
Mch |27.88/27.99{27.00/27.00/26.95-27|28.25-35
My oo ... .]26.90-96(28.20-30
Closed steady.
NEW ORLEANS COTTON
[Open. [High. | Low |L.Salel_Close. [Prv.Cioss.
Jly 125.50/29.81]28.98|28.98/28,98-99]30.15-18
Oc |27.75/28.08127.05/27.10{27.06-10/28.35-38
Dec [27.50]27.73]26.69/26.70/26.69-74/28.01-03
Jan [27.20(27.34[26.44/26.44|26.44-45(27.77
Mch_ [27.01/2716.26.15/26.15/26.15-18127.45-50
Closed steady.
LIVERPOOL COTTON.
. LIVERPOOL, June 6-—BSpot cotton was
quTet today. Prices easier, Sales 4,000
bales, Amfiriran middling fair, 21.49;
good middling, 20.06; fully middling,
19.46; middling, 18.96; low middling, 17.41;
good ordinary, 15,76; ordinary, 15.53. Fu
tures opened steady.
Futures opened steady.
Prev.
Open. Cloge. Close.
JOMN . W ied NN v AOS RS YOOB
JOIY e Vin Rk ew o ARND IESE BRD
AUGUSEL ~ v 3t e e 100 TREE - 1518
September .. .. .. ..17.76 17.56 17.83
OOODOr <+ sav v o 5 TT9B . 2V .84
November.. .. «vny « 7081 1938 37.88
DOcomber i, w 4 s« i’ AREE - JUES
JRPUARY e L il Y 1T
Pebruaty .o 46 i A TSR 389
Mavelh Do T s JAEGTE 3008 TBO
ADPH it s e e Ny S 0 -T. 68
Closed ‘rregular,
SPOT COTTON.
Atlanta Commercial Exchange anotes
basis good middling, 30.15; sales, Thurs
day, 1,500 bales.
New Orleans, middling, 31%; sales,
7,176; arived,796.
New York, middling, 30.35,
Liverpool, good middling, 20.064.
Savannah, middling, 31%; no sales,
Augusta, middling, 30.37,
Boston, middling, 31.70.
Philadelphia, muddling, 3165,
Charleston, middling, 30%.
Wilmington, middling, 28%.
Memphis, l{flddling, 82¢,
Norfolk, middling, -30 c.
Bt. Louls, middling, 31%.
Dallas, middling, 30%.
Mohile, middling, 30.
Houston, middling, 31.
Little Rock, middling, 31
Montgomery, middling, 30e.
Galveston, middling, 32%.
INTERIOR MOVEMENT, |
i 1 TR
TIGUIEON i csocesrvioncidtnas) 6,862
RBRNER iivsinsooinosanivenys) 884
Memphis ..coerssncsrrnsnnge 3,231
Bt LOUIB ...cccovevsnnnsonies 1083
Little ROCK ... oovceessoessessl 313‘_
Total PR e 12_._335
COTTON BIDS TO LIVERPOOL.
New York 11 a. m. bids to Liverpool
were:
JUIY . cocrivamssrvariocrrsrensenceld 29.70
October zus‘
TRRURTY s socesnrinannssssvsecnsvnne 28.03
March ..ocveinsensecorsapisates "_:'_”'._B_'.’
New Orleans 10 a. m. bids to Liverpool
were:
O it O b iiirgedsivmins sna LR
OCLADEE. 2 s cvinosronprsehsnisrassares 27.90
DeCemDbDer .ossssssssssssresssensensn 27.57
JANDBLY soevssvastsssoservasssnsves 27.32
MBPOR: . carcnbrrdissfassposiscishais 27.01
ATLANTA COTTON SEED PRODUCTS,
U. 8. Fixed
Descriptiogs— Prices.
Crude oil, basis prime......cocoveves T
Cotton seed hulls, looßé. . ....... .00 $16.00
Cotton seed meal, p. ¢. common. ... $66.00
Cotton seed meal, 7 p. ¢ Georgia
common rate point........coeees $556.00
Cotton seed hulls, sacked.........nominal
ATLANTA COTTON DIFFERENCES,
Middling fair . i b ks vDN O
Strict good middling ...c..oooooonn .138 on
Good MIGGURE . ichssexssinriseres i 810 ON
Strict middling .....ovevevsnavenns 62 on
MIBAURE . .o:i.. sobssvirisisssssss DasiS
Strict low middUßE ......cveeneee 326 off
Yellow Tinged.
Gdoß MIABHUNE .. .rssvsstfasseses-ITB OFf
Strict MIAANNE . ....oooiviiieasss 300 Off
Yeliow Stained,
Good MIGANNE .s.:.usrconnsnssss 500 Off
— I e
COTTON MARKET OPINIONS,
R. H. Hooper g Co,: “Purchases on fur
ther declines seem safe, considering the
gloomy outlook for the crop, and the in
dications of & more or less steady trade
detaand.'’
J. S, Bache & Co.: “We helieve it would
be sound commercial intelligence for the
holders of unhedged spots to sell their
cotton around the present level of prices
ad for speculative longs to take profits.™
J.w, Juy & Co,: "The trend from this
level will depend partly upon weather
conditions."
B W anwm' & Co. “The weather
will be the all-important factor now and,
as recently stated, June is usually a good
weather month." )
Hubbard Bros. & Co.: “The feeling in
New York is not so bullish, and a sure
ther reaction is generally expected.”
S, M. Weld: "“Weo suggest purchases
around closing quotations.'
NEW YORK COFFEE MARKET,
Coffee quotations:
Closing.
JRBURPY ¢ ¢s so o 5 oo oo ssloo. 140 18.18
FEDFUALY .. +o 000 5 oo o 0 +:]18.07018.08
MAPCh oo oc o oo to oo oo +:18.00018,01
PRSY RT T 11.'2%!7.“
MEY i «1 00, +o 05 ue ve «AINBIOILT.OO
TURD « i s se se 40 98 40 8 u.zovu.;s
SUY os viowe nn oon B e 000001000
AURUNE .. oo 000 0 o os o 1 |lB, 08@10.00
Bentomber .. ¢« s o 5 s o 0 +:|18.90@18.80
Qct%bal' ts 88 00 08 o 8 48 +:135.500010.6)
NOVEIDEE .. s+ «s wa 24 o+ 115,439 1049
DOOBIBDOr ..: i 6 aa 3o .‘"Jl& 18.28
MONEY AND EXCHANGE,
NEW YORK, June 6.-Call money
on the floor of the New York Stock Ex
change today ruled at 6 per cent; high,
6 g«-r cent; low, 6% puer cent,
ime money was steady,
Rates were: HSixty days, 6 g:r cent;
% days, § per cent; four months, 6 per
cent; five months, 6 per cent; six
months, 6 fler cent.’
The markte on price mercantile pa
per was nud{.
m(r:.u ey in London today was 2%
s _exchange was uum wfl
In bankers' bill at 4.617-8
B 5 .
’TRUST CO. IS OFFERING $50,000l
SOUTHEN RY. 6 PER CENT NOTES
The Trust Company of Georgia is offer
ing $60,000 Southern Railway (xmmmy 6
per cent notes, dues March 1, 1922, at 994
and interest to mnet 6.28 per cent
The Southern Railway System is in ex
cellfint physical condition, it having re
cently installed double track on all, ex
ceptl{l" 128 miles of road between Atlanta
and Washington and, in addition, this road
has the distinetion of being one of the
eight leading railroads 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 Victory® loan campaign, it has oc
curred to us that a comparison of relative
yields, at present prices, of some of the
wellsknown 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 W 24, at yields from
5.20 [per cent to 6.28 per cent:”
Southern Railway Company 3-year 6's,
due 1922993 and interest—6.2B per cent.
Canadian Pacific Raillway Company 6's,
due 1924-—lOl% and interest—s.7s6 per
cent,
WILD SCRAMBLE FOR GOOCDS
(From Wall Street Journal.) -
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 so rap
idly that quotations of today do not
represent prices of tomorrow. Mills
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
('arolina 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
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 said to have gone ahead of this
increase in demand for goods. In
New York Stock Quotations
Market closed strong.
Total stock sales, 1,717,300 shares,
Total bond sales, $10,307,000.
B
Last V.
! Cl'se.
oy [High!| Iflw.llal'o.{ -
i oiers—— 11 90 4041 93
TL AR S
i 5 e e .. 8 ‘
::}nn. Agrl, ... ‘o I 88}6. %
Amn. B. Sugar .Lo LN éé% 2
do pref. . . : s”"’ “fi i) sx
Amn, Oan 5. o«% L1107%]10 8 ¥t
Amn. Car Fdry. 5 6.0% 0% %, ot
Amn. Cot. Oil . 8614| 8514| 84 : mfi%‘
Amn. Loco. . . s it it Do L ;
do pref. . ~ sinl és ,;;]%i "
Amn. Smelting . RBS | 373 a 7 g
Amn, Steel Fdr:. . hassell37 “7“1“’“‘”
e R 10751075107 123%‘
::’,r:: Woolen . . . 1%:1‘%‘ s n ‘ :2%
Amn, Linseed . , Sl
ge, L g (16di jied
e 1 S “en se.’ . :
o Corp. . .| 364 t 35| 3!7”;2 10!57»5]:
Amn, H, and L. .. oy “71,,‘1_2 b
do brer.‘. i ';: e
Amn, Mailt ('nrp. . '4099; 1088 ’9“‘ ii
Amn. Sum. Teb. , e 7 z‘-“ e
o Paadr )IR R
Amn. W. Pap L et ke o
Alley Steel , . ’ 72%, i i nie
“"Anaconda . ... i 10!%!101% i 10t
chison . ...
::( Coast Line , . "]wb'fillfid%ilo:‘i: lg::z:
Baldwin Loco. .. ’ e e 53 it
Booth Pisneries | | 33 21%] 2 KN.!‘-'%
()‘h . . *ae e . e e
ggth. Steel pref. . .| sl kil o ;2‘
Beth. Steel B . .% i
Brook. R. T. . , ‘| aok| 203 g”‘ %
Butte Superior . . el fa li’ | 1
g st i i 36%] 36 3.;4.? a 4
‘al. Petro ¥l |
Ca 0 pref. . . '|181%(114%518'4:.11gg%
e es%[lss Leskl 6
‘vos.m( 17 .. e ...!. 2
(‘,.han«l NW, , . !.|“ ‘.%‘ s ::%
Col. F. and IP .. iul 4? I i
C, M.and Bt P, . "M% MN%i 755 il
et YUR BN L “"'mu
hino Co - % ”l‘.:”l
sonsol, Gas ~ . i skl oiic :
(g“orn Products . , f 27 ‘ SBl & h::%
Crueible Steel .., . Lol TN S i
Cuban A. Sugar ~ . ikl sinl 3 :"! i
Cuban C. Sugar , 28] 28% 23‘“““
Cast Iron Plpe . . gl i
Central Leather ~ . el g6l 8% ’h
Chile Copper .., "200664" 1.: :
Chandler Motor ‘ Beitl 84 fi- : ,6
Columbia Gas ~ . | 4T%] 4T% “%, fia
Corre-de-Pasco ~| o 5 ’;NS
Cont. Can ~ -.%.::.. ) Ao i
R,ranmp.“..{ . ' ’ ’ it 1
Del, and Hud, el Ti% “;"z :‘";'z. ini
has peak-in’ 1} 13Rh 42 [, al%] 318
g 4 166% (166 116 jes
xGen. Electric . 'A!43 ,3““," ’.n.‘“
Gen. Motors . ... HIM 11 fi.’flfi, b
Goodrich Rubber , el il s ‘““
Ot Nor. pet. & . ol ua l :
Gt: Nor. Ore , 5 . Wit e .8&
0“ do eah L n L seesl sossl 00ns ;Q
eet Y] Slo iiial 3
If States A 3 "
g:n. Clg. Stores ~ M wioe i9B “‘):1"‘
Gre«-n»-(i):.:laneu. £o] b i i
. Cen . =4 2 ) :
}anlr. Copper . N .IM- ‘“‘! i::‘ ?z%
Interboro . . & 'il wd ’o 1&‘:2
aicohot © 5 81 1604 1804 2814
Ind. Alcohol ,o ‘ 5 2”? i
Int. Nhtkql w 9 ‘l2 112 5§ o
Kelly-Bpg.| « o ..‘ 23 ‘6{)% %6 i
Int. Paper ..... gTy i
R Oy ML
» ’ F "ea “Ewe |
et skt id oyl 8
Kan. and Texas , ,
WEATHER FORECAST
Following is the weather forecast for
the cotton belt during the next 24 hours:
!':nuluinnu. Arkansas, Oklahoma, Toxas
~Fair,
North Capolina~Falr, except possibly
showers in east,
Bouth Carolina and Georgia—Falr,
Florida—Fair, ’
Alabama and Mississippl—Fair,
FINANCIAL BUREAU ON STOCKS,
NEW YORK, June 6.—Bullish nactivity
Is expected to continue. The sudden an
nouncement of m‘. return of the wire
companies to private ownership may stims
ulate the rails. Higher prices are being
rradlru-(l for United States Steel, !(n'i:uh
e, Crucible, Hlinois Central, Lea Tire,
Rio Grande, California and Pacific, sugar
and tobacco stocks. Considerable #hort
ecovering I 8 noted in the coppers and low
priced ralls. -
THE WEATHER,
WASBHINGTON, June 6.--In the Bouth
fair weather will prevail with temperature
changes of ne consequence,
| Forecast br States,
~ North Carolina~ Falr tenight and Sat
urday, except probably .showers tonight
in _eastern &wt
Bouth rolina, Alabama,
%flmwvl nnessee—(ivn-
. Great Northern Railway Company o's,
due 1920991 and interest-—5.60 per cent,
New York Central Rallway Company s's,
due 1919--99% and interest—s. 26 per coent,
Studebaker Corporation 7's, due 1921
100% and interest-—6.256 per cent, *
Cudahy Packing Company 7's, due 1923,
102% and interest—6.lo per cent, .
American Telephone and Telegraph
Comapny 6's, due 19241001 and interest
-—5.80 per cent.
American Tobacco Company 7's, due
1921--102% and interest--—6,80 lFner cent,
American Tobacco Company 7's, due
19201021 and interest—s. 36 per cent.
Proctor & Gamble 7's, due 1922--102%
and interest—s.Bo per cent. i
Proctor & Gamble 7's, due 1821--102%
and interest—o.6o per cent.
Amerfean Cotton Oil 7's, due 1919
100 y and interest—3s.26 per cent.
Westinghouse )C‘trh- and Manufactur
ing Co. 6's, due 1981003 and intorest-—
5.66 per cent,
Gengral Electric Company 6's, due 1910
100% and interest-—5.90 per cent.
Bethlehem Steel Corporation 7's, dwe
19201011 and interest—s. 66 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 7,660,000, Since the
present year began consumption fell
off. Perhaps people were sure that
the end of the war would usher in
that Edenic state in which clothes
would no longer be worn. In the nine
mo'?ths ending with April domestic
mifls consumed but 4,295,321 bales of
lint, compared with 4,933,347 last year.
Production does not make good the
deficit caused by military use, de
creasing 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. Before men and women can go
to work and children to school they
must have clothes, It is impossible
that Europe shall at once begin man
ufacturing 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 ‘its aid to the rush. But
with it all, the situatién may bhe
summed up in the words, “Need
greater than supply.” |
)
- :
|Highi Low | Last [Prev.
socks-- ¢ .s:_}_e_‘_g%;:;‘
do pref. , ~ | Sl%§ 2 §§u‘3s'
xKennecott . ./, .| 3% 3%% ”'; 1
Lack. Steel , ~| 88 85% o 7
Lehlg‘h Valley « ) 6 Bh% 871 Sl
L'L« AroN. o ‘vl 8
an BsPu o sl Srunel Enue §ii| b
axwell Motors . .| 66 |54 | 66| &
2@ ,‘.’m (new). am} sswl.‘;.zsmlg%h‘
Mexican Petroleum. 1973 [192% e 47*\
Marine o . oo oo AT 46 | 4THi 41N
" do. pref. . . .|122% llg,‘“l;“u‘ 3%
Miami Copber . .| 28t 2% 270 ip
Midvale Steel . . .| 83%| 62%| 62'%| 3
National Conduit . } wtlil | Tie
National Bmznwl. § Sll;,: 7 Ll
Okla. Produéts ~ . 1’1.‘.4' 11 mml G
N, Y. Central .. .[ 83%/| 82%| e O
N ¥, NNH & H..[ 34 | 33%| hgm %
N“mr'l”wum 5 'lfifimxflafnohluo"f
Rorthes Wanitts 188 | 984 | 9834 ggzz‘
N. ¥., O. and W. . ‘ ifi"} i
Nev. Con. Copper .4 15 15 L Y
N, Y. Alrbrake . . 12l<“|121‘ y 59" r)§‘f‘
Ohlo Cities Gas . .| 593 58% & ~. S 8
Pitts.-W. V*tln. Coal. ;H: 42:“ ‘mzq 28
C-. . - o
x'::;'.f;'\"m‘:i}.n Pemllx:vz‘«, 12};%1:‘9:} 12913
B g T % | 47 474
?n‘.’iflfii\'&'},‘: S ‘ 65151 63% | 63% 32
g - 87| 551»/,} REL
Plos O . ' aise 20}'é "M“fi(. .35"5
,’;{ttflmr‘ Conl, . .| 85% fié%l ufi 4ok |
Ry, By (oK 12 e
do.(new...."r_ ¢
Ray Consolidated . ;3“;. !.;‘l;_%. gg% s‘;3‘:l
Ainm e PN 2%
Be et @Bk g:g:! ggq\z‘ 905 ‘
SRUMISY .i%6 e o] 8 | 36151 o 36
gocka{nz:mé. rinl'u" 30'&‘ .;v',.; 301,;‘ gg){;
¥ o ) ‘,“,‘,‘ :‘.k,: Lity
ngn-tlhoffle;d .| eR | 6714 ?;&’ltg%]
Bouthern Pacific """‘“‘"‘lfu'f %
Southern Railway .| 4214 il »f,! 3 “‘u 1n
gu ptet. . Lo TR 10l Tl B
Studebaker , . . .|l.o 1.1,.._-~, m.”:' Y
St I, and 8. F. . 4 23%| 215 g Rr
Sinclaly 0.. . 1 mm;‘ 6614 | R
Shattuck-Arizona . e i i‘.'..' &8
AT v dlie L 0 118 LIS
Bwift & Co. . . . Jl3B il.i- (158 | i
do, (Int.) . Ul . e
Tob. Products ~ . .PM lwf ”;u‘ 9"
Tenn. Copper . , . 18V,U!.; -m:"‘"'sm',
Texas O4F , . . . .|2BB A‘..M‘r‘r A% ifl“"*i
e P;"HI‘: i "1?‘»(;?."1&?. *lisang g
nite ait .. . 8 IR WEES
Dotes Potttte " | "’3""s’s"?“‘:2l'}‘2};""
U, Kood Products .| 79%/ 784 it
U. B. Rubber . ~ {11934 /1163 u'm-mws
U. 8. étoel.r. 4 .!mw'uu 1 e
do. pref. , ohoagsnlscro ] canr]
. q-l:nr‘;mnrm . fx:g Aid i ey
J & £ w 0 { 82%1 83
k’:su-l}’ o(.‘l‘;::nlcnl . I’&] .h"a‘l ;:‘ 79 |
40, Pt . .IH%’XH‘:;,!}“,:“ ”“
Wehath .« 5 « s » lyf.. 1% 3 369
Wt e . S| S 0 | dossl 9114
estern by d . 35
Wnlys-O\'firl‘nd P u& 38 ; 38 : lguu
Woolworth . + o of seeef - dol .
Westinghouse .o. 1“ !’3‘7.’3' 2} A.‘ :ih
White/Motors . . |Blk, 60%) 81 |Bl
Wilkon Packing Col 98 | 95%| 97 |96 %
A n(mi'iqi____”w_fim
U, 8 Lk, 3?- . ~’..6?(‘3!4;:: ;m.;;f:.“
' Tdo, 18t 48 . . .m5.n._5.,...‘ 95.3%196. 30
T © s - 00lu5 .60
do.’ 34 4%n . .196.00(96.00 9400195 .0
an, lat Wim . L 104.80.04 i Q'-":r iߢ
do, 24 4%8 . .‘-Ds.filv!v....,v,'s.‘.‘::‘j :x‘. ”
do. 4th 414 n . 104,96 184 0010400 b 4
do, Bth Loan 100 166 95168 9 J |
do. Sth’ 3%5. .1100.10/100.10/100.10{. ..,
ATLANTA SECURITIES |
T o R T ey
} | Bid [A'k'd
Atlantic Bteel Co,, COlmM....ase) 88 | 85
Ao DPOL, i vssisrernennii B 8 183
Augustan und Sav, Rallway,...] 92 9
Atl, lce ana Coal C0rp........| 18 50
TI AR TN T %0
Atl, and W, P, llullroad, sisns 140 {l5O
Atlanta National 8apk....... .'2% 1895
atibb M!z, Co, (Mag0n).......[158 1165
Fourth National 8ank......../315 |2O
Bxposition Cotton Mi 115....... /2230 1245
Fulton National Bank . ......, 126 |...
Bmpire Cotton 011, esmmon, .| 63 « €5
89 et Lialiviiea s RIS BB
h’ln & Phoenix Cotton Mills, (120 ..,
Gafe City Cotton Mills, ....... ;228 }. ~
Oa. Ry and Banking C0......}[283 238
Ga. Ry. and Blectrie C0.......[105 ' 110
‘#‘o.fiparn-0m......,_ LT 1
Oa. Ry. and Powoer, 18t pref,, |66 1
| 40, 34 prol sissssvinnesi) 30 4 4
‘ do. common ...,........." 13" 15“
Lowry Natio) .?nnk......... 220 llg B
Houthwestern BEOR L iciiiil 9B ; i
Third National 1‘1&..-....r 220 [823
Trust Company of 8. ... 1375 (280
i "m .
,Afl“ hn“;\-rl;m v . ‘.l.
‘ ta ~ w"....... 3 «
Atlan m.%‘ L 88, .03
W60A003 flat
N STOCK LIST
. NEW YORK, June 6.-—There weré
‘vigarous 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 1103 : Crucible advanced 1% to 963,
Later, Steel common passed 111
United Cigar Stores advanced 1% to
141, American Ice Seucrities recorded
the greatest gain in the first 15 min
utes, advancing 43§ to a new high rec
ord of 76
Reading advanced 7-8 to 93 3-8, and
there was a good demand for the low
glflced rails, im-ludln{t Missourl, Pacifie,
ere Marquette and Pittsburg and West
VirEiMa. Central Leather rose to a
109 5-8, ;
All the coppers fwere strong, Utah ad
vancing 1 3-8 to 84 7-8. Obhio Cities Gas
romf'k% to 5. Marine preferred was
weak, falling® 214 points to 119%.
The tone continued strong through
out the forenoon, with advances rang
ing from 1 to 6 points.
Steel " common rose nnar‘lg 2 points
to 111 7-8; General Motors pol;ats to
243; Bethlehem Steel B 1 3-4 to 3-4;
Utah 1 1-2 to 85; Kennecott 1 1-3 to
.'fll'\‘.fllinr!uir 7-8 to 63 3-4; Pan-Amer
ican 2 points to 102 3-4; United lell'l
3 12 to 142; Central Leather 2 3-4 to
106 3-4,
Steel common sold down to 110 1-8,
rallying at the close to 110 3-8, General
Motors rose over 10 points to 243
Worthington Pump rese over 11 points
to 83 1-4. Atlantic Gulf was in ure
gent demand, moving up 13 1-2 points
to 178,
Mexican Petroleum was finally 194
1-4; General Motors 139 1-2; Studeba
ker 117 1-4; Tobacco Products 102 1-2;
United States Rubber 117 7-8, and Cen
tral Leaher 108 3-4.
The market closed strong. Govern
ment bonds unchanged; railway and
other bonds strong.
FINANCIAL NEWS
New York Central earned 9.80 sar cent
on its stock in 1918, against 10.21 per
cent in 1917, 18.31 per cent in 1916,
S 0 8
The Big Four earned 9 per cent on the
common stock in 1918, against 10.03 in
1817,
s 4 .
Michigan Central earned 13.71 per cent
on its stock in 1918, against 18.36 per cent
in 1917.
L
Hines, hefora the House committee on
his request for $1,200,000,000 to operate
lines for rest of year, predicts great in
eroage in velume of busingss due to crop
and coal movements,
| E
Ritter opposition to proposed sale of
British tonnage of Mercantile Marine
seems likely following resignation of J.
W. Platten and ¥, W, Scott from proxy
committee for special megting of stock
holders June 18 to vote on sale.
® 8 4
Morger of eight large independent packs
ing houses into corporation with $165,000,~
000 capital to be headed by Vice President
Hawkinson, of Wilson & Cz., is announced,
s 5
Tobacea Products Cempany - authorizes
sale to stoakholders of 266000 shares to
Tohacca Products BExport Corporation,
stock “entitling hoth preferred and com
mon stockholders to subseribe pro rata at
$lO a share.
¥ v
The average price of twenty industrinls
107 55, advance 1.89; twenty active ralls
91.50, advance 1.87. 3
* %
United States Steel acts ag though there
was a short interest competing with new
huvers for the privilege of making the
high prices for the day. Reading Was
hought on coal profit expectations. It is
reported that in the mnew consolidation
Maxwell first preserved gets 120 per eent
of new stock, Maxwell second preferred,
60 per cent, Maxwell Motors common and
Chalmers 156 per cent, At current market
prides this makes Maxwell Motors first ex
ceedingly cheap.—E. F. Hutton & Co.
AFEW YORK (URB MARKET.
Opened and closed firm.
Opening. (‘Jnnin&.
Aetna Exp. & . .‘mu. 1]1; ;2&8 ;l"
A-Amn: Oil ~. Béd 2
Ramn st HES e ‘? 4 5-16
Consol, Cop. .. 4@ 6 fu@G 6
Cosden Oil ... 115@ 12 M@ 12
Curtiss Acro, .., 18 @29 15 320
Houston Ol ..,120. @l3O 122 120
Ind, Pipe ....,102 @lO6 102 @lO6
Inter Pete, ... OY@ 351 0% a 0 IY%
1. Val. Coul ... 00 G 92 90 93
Magma wi...0. 94 @ 38 34 a 6
Marcod +.../. M@ 4% 4% 1%
Merritt. Ofl .., 29% @ 30% 209 Gr 30
Midw. 01l .... 2 '@ 2 @2 %
CHICAGO CASH GRAIN,
CHICAGC, June 6.-—Corn—No. 2
mixed, 1.74@1.7%; No. 3 mixed, I.7i@
1.74; No. 4 mixéd, 1.72; Ne. 3 white
1.7“'-;61!]7%?: No. 3 white. 1.76; No, 2
vellow, 1.75@1.75%; No. 3 vellow, 1.73%
@1.75: No. 4 yellow, 1.74,
Onts-—No, 2 mixed, 66%5; No. 2 white,
601, @69%: No. 8 white, 681,@69;: No, 4
white, 67% @68%: standard, €9@69%.
METAL MARKET.
NEW YORK, June 6 —Copper, strong;
gpot and June 16;3 bid; July 15% bid;
August 17.35@17.40; September 17.23
bid; October 17.25 bid; November 17%@
18,
Lead, firm: spot and June 5.1065.30;
July 5.15@5.35; August b.17%@5.35,
Spelter, firm; spot and June 6.10 bid;
July €.17%46.40; August 6.22% @6.45;
September 6.25@ 6.50,
et -
JACKSONVILLE LIVE STOCK., ;
Hogs-~Heeeipts light. Prospects weak,
Extra choies heavy, 18.60@19.00; ordinary
choice, heavy, 15.00@18.60; rough heavy,
17.00ar18.00; lights, 16,60 18.00; gl:l.
1300@13.60; range hoge, 11.00@13.00;
range plgs, 6.00429.00, ‘
CattlewHeecipts mediud, Prospects
stendy, Bteers, 576@12.00; bulls, 5,000
§.50, wyearlings, 5.26#7.00: cows 5.00@
0.00; heifers, 5.5009 00; venl enlves, §.OO
12.60; canners, 4.00 up~Willlamson &
Dennis, June 6. \
) i ‘
| STOCK MARKET OPINIONS, |
| Clark & Co.: “Would buy ralls and eops |
pors and steelg and take profits on other
issnes Great Northern Ore is safe for a
)qu pointh."
Thomson, MeKifhon & Co.: “Prices are
tikwly'lu be higher, In which case we
should take profits’
2 it e
MIAMI OUTPUT FOR YLo |
Vroductions of rnm»er% the %ml
Copper Company during the menth of
May totaled 4 989680 pounds. In April,
output was 4,561,115 pounds, and in Mareh
4,402,678 pounds In May, 1918, produce
tion was 5,100,408 pounds, and in the
game month of 1917, 4,985,362 pounds,
s et ————
Florida Legislature to
Thresh Out Suffrage
TALLAHASSEE, FLA., June 6~
That Florvida will be the first State
to ratify the woman suffrage amend
mént to the Constitution of the
United States was forecast Thursday
by prominent suffragists who are\ar
ranging for the introduction of a rivi
fication measure in the Legislature
which ends its blennlal session 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.
melfl PENs,
SUUTHERN PYOTO AATERAL 09
SEVENTETHO NRTH BRJAD.
STEEL ORDERS BIGGEST SINCE
THE ARMISTICE, SAYS IRONAGE
“No week since the armistice has witnessed such large or diversified
buying of iron and steel products as the seven days just passed,” says The
Iron Trade Review. “Confidence plainly is being strengthened in virtuaily
all branches of consumption and forward contracts are being negotiated
freely; in fact, in several lines buyers show a desire to engage tonnags at
ruling prices to a more forward point than the producers care to entertain.”
The Iron Age says:
“The activity in the steel market
centinues in an encouraging way,
without broadening to any marked
cegree. Mill operations are on a
slightly increased scale. Some phases
keve 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 ltaziard. 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 per ton in certain fin
ighed products have found circulation,
Lut the maneuver seems to have ex
cited little response. Consumers do
nct miss the fact that the improve
ment must meet the test of the sum
mer 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
fcreign buyers who were waiting 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
Leginning to point out the possibility
of overdoing curtailment, though thag
roint i{s not yet in sight. Pig iron
cutput in May was 2,108,056 tons, or
68,002 tons a day, against 2,478,218
tons 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
miarked, - .
“Last month showed a net loss of
17 furnaces, there being only 195 in
blast on June 1, with capacity of
68,100 tons a day, whie 212 were ac
tive on May 1, producing at the rate
of 75,860 tons a day.
. “Japan-s in the market for another
3i00,000-ton lot of rails. The last
10,000 tong of the 50,000 recently
bought went at $47 for the open
hearth product, indicating that the
£lO spread over the domestic price for
export did not long obtain. Export
bhusiness in sheets has been good in
the Pittsburg district.
“Private orders for ships and sev
eral extensive apartment house build
it project, added to several thou
sand tons of industrial plant build
ing¢ in the Kast and a long list of
pu-ur\uraJ work in the Central West,
promise éarly expansion of activity in
shapes and plates. Not much rail
road bridge work is under censidera
tion.
“In some marketis there are un
mistakable signs of improvement in
pig iron. At Buffalo about 50,000
tons has been sold, including two
round lots of haeic for New England.
At Chicago cwo 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
beth as to number and tonnages,
Some Southern producers are offering
iron at Cleveland and other points in
the North to meet the delivered prices
«roted by Northern furnaceg, and
competition between sections is wip
ing cut the uniform priees at furnace.
“lL.ake Superior iron ore shipments
up to June 1 were 8301550 tons, as
against 9028101 tons in the same
period last year, The Steel Corpora
tion 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” ‘
| FERTILIZER MATERIALS |
Corvected by Harry Cohen—U, 8, Admin
istrater License G-27160.)
Nitrate of soda, %6 per cent, prompt
shipment, $4.07% ex store or ex vessel
Bouthern ports.
Sulphate of ammonia, bullke, prompt ship.
ments, $4.856 ¢ a. f. Bouthern points,
Trona Potash Muriate 40 per cent K2O,
promnpt shipments, $2.60 per unit avail
uble, your station.
Nebraska potash, 22 per cent K2O,
prompt shipments, $J per unit your statiagn,
Acid phoephate, basis bulk, 16 per cent,
$16.50, Atianta,
Cyanamid, rromnt ddliveries, $3.75 AY"
un't. Ammonia f. o. b. Niagara Falls,
Cam da.
ATLANTA PROVISION MARKET,
Cerrected by the White Provision Co,--Ul,
8. Food Administration License No.
G-21371.
Cornfield hams, 10-12 ......0000..8 .39
Cornfleld hams, 18-14 ........coooes 239
Cornfield skinned hams, 16-18....,.. .39
Cornfield pienic hams, 6-8 ..5..... 28
Cornfield breakfast bacon .......... .80
Cornfield sliced broakfast ° bacon,
1-pound boxes, 12 to casoe ~.... .08
Grocer's bacon, wide or narrow .. .40
Cornfield pork sausage, fresh link
0F DUIE .iicoiiicsirnsirsningeinne PN
Cornfleld wiencrs in 10spound ear«
RORE iisisernacidatsbratspasise: AN
‘ Cornfleld wieners in 12-pound kits
08 PIORIB .. sveiiiviiisinisrises DT
Cornfleld Bologna sausage in 25.
POURE DONBE oocvisoonebneciioiin N
Cornfield smoked link sausage in 25«
‘ PDOUDG DOROE +.scvurvssvossscaryus O
Grandmother's pure leaf lard, tierce
L DS saiivsphsicniinesrhrasanein BT
Country style pure lard, tierce basis .38
Compound lard, tierce basis ....., .20%
'D. B SRUPR PIDE .o isiissrsenvrssnans B 8
1. 8L Bellles, medium AVErage ....ee 33
D, B\ bellies, llght GVOrAE® .eesee 033 |
Announcement!
e e S AU S 0. e D S AR,
T have opened offices in the Healey Building, rooms
413 and 414, and will deal in high-class investment se
curities—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 person,
You are cordially invited to visit my offices. Orders
for one share and up accepted,
H. R. CALEF
A
413-414- Healey Bldg. Phone lvy 4987"
1
T
CHICAGO, June 6.—Corn atarted.a
1-4 to 1 3-8 lower today, with scattered
commission house selling and lack of
buying support. Trade was fairiy 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 scattered commission houses. i
Provisions opened dull and slightly
lower with little interest shown. Py
Corn closed 1% to 1% cents highers
Oats closed % to 7% cents lower. y
Provisions cloged higher,
Grain quotations:
Prev.
‘M,Nflm‘n. High. Low. Close. Close.
July 1.90 1.70 16855 1.68% {.70“
Sept 1.60% 1.60% 1.5683% 1.59% .81
Dec. 1.42 1.42 1.40% 1.43% 1.42%
OATS-
July 677% 67% 6714 671 68
Spt. 65 % 65 % 6414 65% 6514
Dec, 6014 65 % 64% 65% csi
PORK-— 3
Jly 65050 | 5090 4960 5090 50.50 '
Spt 47,00 47.7% 46.156 47.50 47.85
LARD— 4
Jly 3310 3400 33.10 33.87 3388
Spt 32,00 32,75 32.00 32.56 32.47
RIBS
Jiy 27.80 28.30 279.67 27.95 28.20
sSpt 27.15 37.40 27.00 27.10 27.456
CHICAGO CAR LOTS.
CHICAGO, June 6.—FKollowing are re-.
ceipts today:
WHRERE <o o 0 oo boine on b o bt 0l 9
COPM oo 40 o 0 oo o 0 ov &ik v dous. TS
OBMB. ouiod sofoe oo ah e wh Al o T
HOBIN s o 29 oo o 8 ¥s S 5 &5 sy VAT
NEW YORK PRODUCE MARKET. ¥
- NEW YORK, June 6.—Petroleum firmj,
crude Pennsylvania, 4.00. §
’ Turpentine strong, 1.03@1.04,
Rosin firmer; common, 11.60. 4
. Hides firm; native steers, 37% @393,
branded steers, 34, §
_ Coffee irrcgular; options opened 4to up
10 points lower; Rio, No. 7 spot, 20. i
Rice firm; domestie, 63 @ll%.
Molasses dull; New Orleans, open kets
tle, 76@82; black strap, 12@17.
Raw sugar. quiet; centrifugals, 7.28. ¥
Refined sugar quiet; fine lrlnullfifi‘
9.00; cut loaf, 10.60; crushed, 10.26; mold'
A, 9.50; cubes, 9.78; powdered, 9.15; dia-'
mond A, 9.00; confectioners’ A, 9.303
softs, No. 1, §.85. (No. 2 is five points
below No, 1, and Nos. 3 to 14 are each!
five points lower than the precedln";
grade,.)
Potatoes easy; nearhy wh&'ta, 2.00@4.00;
’ermuvl;m, 4.00@10.50; Southern swee
(2.50@10.00, %
Beans firm; marrow, choice, 11.75; pea,
}l'hniv‘\-, 8.00; red kidney, choice, 12.75@
13.00
’ Dried fruits firm; apricots, choice td
fancy, 30@35; apples, evaporated, prime
to fancy, 18% @22; prunes, 30s to 60s, 27,
L @3O; 60s to 1008, 14@ 23; peaches, choloe
to fancy, 24@27; seeded raisins, choice teo
fancy, 15@22.
ATLANTA LIVE STOCK MARKET, '
(Corrected ” H. White, Jr.,
of White Provision Co.—U. 8. Food
ministratien License No. G—21371.)
Good to choice steers, §SO-1,000, 11.00@
o 750-850, 10.00611.00,
Good steers, 750- b 2 .00, ;
Medium to good steers, 08-760, I.“‘
10.50, =
Medim to choice beef cows, 750-850,
9.006@10.00. 2
.\(r‘lwllum to good cows, 650-750, l“.
9.00, -
Good to cholce heifers, 550-650, B.oo@
9.50. <
The above represents ruling prices for
good quality fed cattle. Inferior m
dalry types and range cattle quoted 1
Medifimi to good steers, 700-800, ..Ow
10.00,
Medium to good cows, 600-700, 8.00@9.00
Mixed common cows, 6.50@7.50,
Good fat oxen, 1,00@9 00.
Good butcher bulls, 7.50@9.50,
Cholee veal calves, 7.50@@9.50.
Yearlings, 6.50 @ 7.50.
Prime hogs, 165-225 18.00@18 50,
Light hogs, 130-165, 17.00@17.50,
Heavy pigs, 100-130, 15.50@ 16.00.
Light pigs, 80-100, 13.50@14.06.
The above applies to gooa quality mixed
fed hogs.
Automobile .
Accidents
wHETHER dueto-care
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 PROPBLA
TY DAMAGE policies TO- .-
DAY, I
4
“Surednsurance”
C. A Rauschenberg,.Jr. /
Member Atianta Insurance
121820 Aafiiifl'fl‘l‘imm
Building, .
Phone: Main 873,