Newspaper Page Text
Eg IMARKETS AND FINANCIAL ]
_By BROADAN WALL,
NEW YORK, Aug. 30.—The pro
nounced change of the government's
attitude totward labor, which came
after the close of the market on
Thursday, and the decision of the rep
resentatives of the shopmen to accept
the proposal of President Wilson that
they postpone taking definite action
for ninety days, when it is expected
that the federal authorities will have
obtained results in its campaign to
reduce the high cost of living, had a
most stimulating influence on the
prices of securities yesterday. An
nouncement that the Southern Pacific
had won suits brought by the gbvern
ment against it in the lower courts of
California was also used to advantage
by the bulls. Buying for the account
of shorts was urgent through the ses
sion, especially at the opening, and
when the gong sounded for the end of
dealings standard issues showed net
gains ranging from 2 to 3 points, with
some specialties showing advances of
as much as 12 points.
" The bullish demonstration was such
that United States Steel common,
which sold ex-dividend, moved into
new high territory for the present
movement. The oil shares and mo
tors were strongly supported all day,
notwithstanding substantial profit
taking sales.
Initial gains at the opening of the
session ranged from 2 to 3 points,
The overnight news resulted in an
unusually urgent inquiry for shares.
After the first fifteen minutes of
business realizing salés appeared, and
caused momentary recessions from
the best, but all offerings were read
ily absorbed so that by noon prices
once more resumed their upward
movement. About half an hour be
fore the close the list hegan to ease
off, but the lower quotations in
duced additional purchases which
continued up to the end of trading
and left prices near the best.
Best opinion in the street after
the close of the market was that the
upward movement would probably be
continued at least in the early trad
ing on Tuesday. The strength which
prevailed at the end of the session
was most impressive. ‘
The rise in Southern Pacific at
tracted much attention.
Shares of oil companies took a
prominent part in the demonstra
tion of optimism. Mexican Petroleum
was the leader of this group, closing
at the top price of the sessiongand
with a net gain of slightly more than
18 points. Pan-American Petroleum
was also a favorite and advanced
nearly five points. Sinclair Oil and
Trans-Continental Oil shared in the
upward movement.
Shorts in Crucible Steel received a
licking from which they will smart
for many weeks. Brokers said that
the rise of more than ten points was
due almost entirely to the fact that
the insiders who are runnihg the
market in the stock Thursday called
in practically all of thé stock™ that
had been loaned. This resilted in a
stampede on the part of shorts to
get back the shares which they had
sold. The quotation closed a ‘shade
under the best, indicating that® the
rush on the part of shorts was in
full swing when the session ended.
If the present demonstration con
tinues in even modified form there
will be quite a few new offerings
which will make their appaaranne\
Several are already groomed and
await favorable auspices for th«»ir‘
launching.
’
WEEK'S COTTON RANGE.
Following shows the highest and lowest
quotations of active cotton options at New
York and New Orleans last week, togeth
er with Friday’s close, the previous week
close and net changes for the week:
NEW YORK. i
i " AMI Wk.| Net
‘High | Low [Close! Ago./Ches
October . . . |531.95(*31.27131.54(31.27| +27
December. . | -3!.30[‘3!.86(31.%!3!.5!') +27
January. . . | |-32.25/*31.55/31.80/31.48° 132
Mareh . . . .-32.40"3!.“{-‘“.99531.05'+ZH
May .. . . .1532.35/*31,82(32.02(31.66| +36
NEW ORLEANS. e
’ o Sat.| Wk.| Neé
igh | Lov IClose! Ago./Ches
October . . " 1531.75/*30.85(31.11/30.80| |6l
December. | J-SI.'I!!'M.”I?!I.C‘!‘.”O.M’O‘&S7
January. . . |-31.80(*31.06 51.46 30,01/ 455
March . . . .|-31.90 '31.157.’!!.00’30.94 66
M-;lri:j_._.._,fiu.gu‘n.tml.ss‘ao.m‘tec
*Monday; sTuesday; -Wednesday;
sTharsday.
HESTER'S COTTON STATEMENT,
Comparisons are to actual dates, not to
close of corresponding weeks:
Bales,
TRSBO WS . ihasishanes 60,000
do. same seven days last year 145,000
do, samo seven days year be-
BN L i L
do. for the month ......... 293000
do. same date last year ... 53,000
do. same date year before .. 414,000
Y BRI .o 200,444
do. same date last year .... 351,000
do, same date year before ... 414,000
Port nco'lpu for senson ........ 214,000
do. sime date last year . 198,000
do. samo¢ date yoar before
BOOE. 5o i v s aarat o e ans 261,000
Overiand to mills and Canada for
DU (s 19,000
do. same date last year o 45,000
do. same date year bhefore 61,000
Southern mill takings for season 159,000
do. ?mo date last year 222,000
do, same d?o year hefore . 215,000
Interior stocks In excess of Au-
R L WIS . sossisnenne, o 130,000
do. last {:nr, minus isies. BN
do. year hefore, minus ... 106,000
Forelgn exports for week . . 132,000
do. same seven days last year 65,000
do. same seven days year be-
B i Y 110,000
do. for seamson .. ... ... siie ST 008
do. rame date Inst year . 287,000
do, same date year before . 255,000
Northern spinners’ takings and
Cannda for woek 26,000
do. same seven days last year 36,000
do. for season vovs 110,000
de. to same date last year 69 000
STATEMENT OF SPINNERS 2 TAXINGS
OF AMERICAN COTTON THROUGH
OQUT THE WORLD,
This woek .... + 120,000
Rame meven days last year 121,000
Same seven days year before 181,060
Total since August 1 08,000
Bame date last year oy ’ 0000
SBame date vear hefors g 652,000
STATEMENT OF WORLD'S VISINLE
SUPPLY
Totnl visihle this week 4,586,000
do, last week . . 4,477,000
do, same date last year 2,841,000
do. same date year bhefore 2,486,000
Of this the total American this
WOIR iiissssnienninsrae 2,865,000
do, Inst week ......... 2,924,000
Ao, last year s b veninee s 5. 700,000
do. year before .......... 1,280,000
All ather kinds this week .... 1,621,000
do, Inst week cvinkanhs bs. TBRILOOO
An, last yvear » . 1.080 000
do, year before . .. 1,200,000
Visihle in the United States this
week 1,475,000
do. this date last year 1,820,000
Viaible in other ecountries this
week ‘ 2,012,000
do. this date last year ....., 1,621,000
«THE ATLANTA GEORGIAN
AUGUST BANK CLEARINGS
SHOW PHENOMENAL GAIN
' BY VICTOR BARRON.
Atlanta bank clearings Saturday ... ... ... ... ...$7,8715671,156
BAME'GEY 1800 YOI L i v ois i e iR 6|238.105.56
DRI, . 5 e i et ke es s RTINS
Borno Aoy IS WO ... .iioiiine seiantivas e HOSTONLENY
BIT . v o vt s GERLOTE DN
Atlanta bank clearings for week .. ... ... ... ...$50,079,233.77
Balo Woolt IME JOBRE ... . oo cie sie wen ois 80,440,506.87
TUOPRNG i Bis e v ek ertimas oat e SOABRE DED D
sl WO .0 L s i s el v o BBIOTEE N
Same week 1917 ... ... ... ... vs see aee ... 32,992,314.98
Atlanta bank clearings for August ... ... ... ..$233,116,095.89
Same month last year ... ... ... ... ... ... .. 161,938,160.59
BIIIR. .5 fia v o eet B TRETT NN
DD MO L e s i i i ol BRGSO I
Shnemenkh INIT ..0 i i e da e TOUORS 0N
Atlanta cotton statement Saturday:'
. Last
1919. Week.
RooMble ... ... viso v nrh h P 210
BRINEONEE ... .i. oceiekhs wre SVERANS Lo REED 2,159
TR G e e T 19,422
BUG ... ... ii N 150
Concrete evidence that the agitation against high prices and the nu
merous strikes, etc., have not disturbed business conditions here to any
noticeable degree, is furnished in this month's statement of the Atlanta
Clearing House Association, which howg that clearings
A ssEseess ——the best business barometer in any given community-—
P e during the month of August greatly surpassed all pre
oWS o SSEM vious high records for that period and coming within
,« SN about $11,000,000 of equaling July's stupendous aggre
e gate of $244,476,445.38.
’ August's clearings reached a phenomenal total of
P e A, $233,116,095.89, as compared with $161,938,169.59 the cor
-5 fl ged responding period a year ago—a gain of MORE THAN
&«. .4 g SEVENTY-ONE MILLION DOLLARS, the gain alone
Bt w greatly " exceeding August’'s clearings in the years of
g Wy 88 1916 and 1915, . ‘
T M This month's gigantic total surpassed the same
S @ geg as months of 1917 by ALMOST ONE HUNDRED AND
?;";f__ % THIRTY-THREE MILLION DOLLARS. ‘
‘E, ST The month’'s record clearings, while the fourth hea-
B B viest of the present vear, reflects exceptionally large‘
' T business in all lines, despite the fact that August usuary
G B is the dullest period during the summer. Retailers as- |
w& i@ sert that August business showed little or no abate
mewsseesssat ment from th eheavy sales that have prevailed all sum~}
mer, and state that they are preparing fbr the greatest fall trade in history.
T'he blockade on Whitehall street, while it has put the public to great in
convenience, has not interfered with business to any marked degree. Busi
ness leaders are extremely cheerful and believe that the present wave of
labor unrest throughout the country soon will be quieted, |
Clearings for August brought the aggregate for the first eight months
of the present year up to an unprecedented total of $1,875,807,271.98, as
compared with $1,455283.962.47 the same 'period a year ago—AN IN
CREASE OF $420,523,309.51, and were within less than $30,000,000 of sur
passing the same eight months’ total in 1917 by ONE BILLION DOLLARS.
The increase over the corresponding period in 1916 discloses an amazing |
aggregate of $1,342,724,834.10, while the same months' clearjngs in 1915
were buried out of sight by a COLOSSAL galn of $1,452,547,166.26, i
E Following are clearings here for the first eight months of this year,‘
with comparisons: t |
o 3918 . ame. 1917 1916. 1915, i
January |$ 269.276,033.33]8 215,140,437.37/8 72,250,233 6318 73,631,751 1918 61317701 38 |
Feb. . .| 194,217011.19 lrni,m":,o;‘:u 29/ ‘m;,nm?fmr:?‘ nr'.fislz'nxls?fr’ g‘i\'u':‘.f?o‘m? :
March . 215,669,821.51 196,914,670.00] 101,610,450.93] 70,479.464.86] 67.848,387.13 |
April ...4 207.845,303.00| 183,227,041.04| 102,5333,057.38] 67,966,652.97) 66,499,586.91 |
May . ! 284,482,234.35] 189,658 288,48 103,696,471.70] 71,428,806.81] 53,460,350.44
June , .} 2'_"v‘72d“l'-3 ‘l!"‘ 167,187,191.33 8£9.439,601.71/ 60,348,797.31] 47,316,576.32 1
July . .| 244,473,445.38' 170,050,598.27| 101,651,164.20| 56.616,650.02| 50,837.375.32 |
August .| 233,116,095.891 _161,938,169.59| $97,831,693.94] 64,757,675.95| 43,633,758.33
Total |51,875,807,271.98(81,455,283,962.47/$597,813,693.94] $633,082,437.88]5123,233,105.73
Weekly Fruit and Vegetable Review
Tollowing is the weekly review of.
United States department of gariculture
fruits and vegetables as issued by the
prices to jobbers and shipments for the
United States for the period of August |
19-25 inclusive:
Market conditions are about as usual in
late summer. Prices tend generally lower
as the volume of total shipments ap
proaches height of season, except some
lines which are nearing end of heavy
movement but which failed to advance
because quality is irregular and ecompeting
lines ahbundant. Total shipments 12,851
cars compared with 12,260 last week and
with about 10,000 cars for corresponding
wecks last year and the year before.
Shipments should tend to increase rapudly
until height is reached, which |last year
was ‘during last week in September and
in 1917 was during third week in Octoher,
depending chiefly on how seon potato dig
ging reaches height; as potato shipments
comprise one-third to one-half the total
carlot shipments. Deecreases in shipments
this week were chiefly in apples, IN"HT“.‘
dry beans, oranges and cantaloupes n.nd|
increases in potatoes, sweet potatoes, cab
bage, onions, peaches and grapes. ‘
POTATOES CONSIDERABLY LOWER.
Supplies are increasing liberally and !
prices tend downward as season ap- |
proaches its height. Last year peak of
shipments was reached about October 1
and was reached in 1917 the third week in
October. Prices last year tended down
ward until shipments began to decrease,
Prices this week lpat 10c-31 per ewt, and
whole market uv-rnged about 356c¢ lower,
New Jersey sacked Cobblers fell back to
$3-83.60 per ewt. f. 0. b closing at H,IOI
compared with $3 76-83.90 last week and
with $2.40-82.75 a year ago. Jersey Gisnts |
sacked ranged $2.16-82.33 f. 0.. b. Cons
suming markets Tw!u\' Glants 2.50-83 75 |
per cwt. sacked in the BEast, but s=ome
Middle Western markets ranged 33.!0-“.'
,ln 1917 New Jersey Gilants were :|\mh~r||
f.o b in prndurmi sections at $1.33-81.40
and in 1916 for the corresponding week
$1.40 per cwt. Minnesota early Ohios de
clined about The this week, closing at
$2.30-82.60 per ewt, f. o. h. and carlots
in Chicago ranged $2.40-52.50 per gwt,
other Middle Waestern markets quoting
fobbing sales at $3.25-83.75, an average
Adecline of 26c. Colorado rorm\ whites
ranged $3-$3.50 in Denver. Adaho round
whites were quoted in Woestern markets at
$4-84.25, (‘:\‘Hformn sacked white stock
declined 16e0-30¢, ranging $2.30.82 50 per
ewt. f. o. b. and ruling $1 in Chicago.
fhipmenta increaged to 3,714 ecars coms
pared wtih 3,010 f::n week and with 3,333
a year ago. New Joersey still leada with
1,207 cars, but Minnesota inereased to
810 and Maine to 421, The Northwestern
and mountain sections are inecreasing almo,
ONION MARKET CONTINUES WEAK,
Declines ranged 26e-60c per ewt. Oon.
necticut Valley kacked yellow stock was
quoted $3.26-33.76 in Eastern mnnumln,
markets and New York red stock range
$3-83.60, Middle Western yellow and red
ontony declined about 60e, ranging §l.
$3.60 per cwt California yellow onlona
were slow at nhlppln, points and slightly
wenker at $1.90-82 f. o. b, while con.
suming mnarikets ranged slightly lower,
montly $3.76-84.25 but reached $3 in Chi«
eago. Washington yellow stock weakened
to a genoral jobbing range of $3-33.60,
Shipments inereased to 414 cars, compared
with 372 last week. The leading mlpmm{
gections are same as last week excep
Washington, which seems to be Mml
‘done. Califernin uhl&irfll 181, New York.
60, Indiana 44, Town cars.
PEACHES GENERALLY WEAK.
Declines continued in Eastern markets
with wide range of vumhly and value. The
heavy movement of Maryland Klbhertas ap
pears te be nearly aver, and shipping
ints quoted firm al $2.75-83 per bushel
K:slu-t f. 0. h. Consuming nuuk‘?v- ranged
lower than last weel at $2.60-35.25, while
New York and Boston murkets were ex
tremely weak at sl-§2. New Jersey El
bertas also ranged as low as sl-§2 in these
markets. Arkansas Flbertas held about
steady in consuming markets at $3-33.50
|por bushel basket. Heavy movement of
Colorado Elbertas is ltsr(ln% and prices at
shipping points ranged $2.25-3240 f. 0. b.
per bushel basket. California Elbertas at
auction rales tended lower in Boston and
ranged elsewhere slightly bhelow last week
at 65¢-§1.50, mostly {l-11.1l per box, Ship
ments increased to 2,116 compared with
1,663 last week and 990 for the correspond
ing week a year ago. Heaviest movemen®
| 18 still from the West, California shipping
!l.’ifi, Colorado 184, Wunhlng"mn 283, but
New Jersey shipped 235, aryland 162,
West Virginia 114 and Pennsylvania 101.
MELON MARKET ITRREGULAR.
Valugs were inclined to weaken at some
points, “but tended to recover in the
Middie West. West Virginia and Mary
land stock, medium sizes, ranged econsid
erably lower than last week at S2OO-8360
par car or §3O-§6O per 100 *melons Mis
| souri Tom Watsons, medium sizes, after
recovering to SIOO-$176 per car, sagged
back to about last week's closing level,
$75-8100, while consuming markets quoted
this stock firm at $25-335 per 100 melons
lor $176-3360 per ecar, or $1.26-32.26 per
| ewt. Indiana stock declined to $2-83.60
per ewt, Texas Tom Watsons were nearly
steady in Middie Western markets at S2OO,
S3OO per ear and $25-350 per 100 melees,
Oklahoama Tom Watsons advanced 810~8‘
par car for medium siges, closing §36-§l5O
f. o. b. shipping peintg, while congsuming
markets also strengthened slightly, rang
ing $1.60-32.50 per cwt. Shipments ine
I ereased moderately to 1,904 cars, compared
with 1,865 last week and with 467 a year
| ago.
. CANTALOUPES DECLINE FURTHER.
! California Turlocks standards, 465, were
| about steady at shippiug points. raging
ih’k--:l cash to growers. Consuming mar
kets declined generally 26e<60c, closing
$1.60-82 for 465. Indiana pink meats aver
aged 26c lower in consuming markets,
ranging sl-$1.45 for 465. Maryland green
menats, standards 468, are about déne, last
quotation being 40¢, cash to growers. Dela
ware green meats are still moving active
tly, but declined 16e-28¢, closing 700-76¢
cash to growers ‘m shipping sections.
Consumning markets quoted Maryland and
Delaware stock nhout Boe lower, rnn‘tnl
wenerally 50c-31.26 for standards 4bs. Ship
ments decreoased to 834 ears, compared
with 907 last week. California, Turlock
soction, shipped 292, Delaware 177, New
Mexico 87, Maryland 73.
PEAR MARKET STEADY,
Auction sales for California Bartletts
ranged $4-86 per box In New York City
and followed extremes of sl-86 in other
leading cities, reaching top of $6185 in
Philadelphia. Most sales, however, ranged
hatween $3 and $4.65, Washington Bart
letts ranged $2.60.83.50 at auction in Chis.
eago, un.f Colorado Bartletts ranged $2.60.
$3.35 at that point. Shipments decreased
to 730 compnared with 1,316 last week
California movement is declining, but
Washington and Oragon increased, New
York shipped b 8 cars
CHICAGO CASHE GRRAIN,
CIMCAGO, Aug. 3U.-Cash: Corn, Ne,
1 mixed, 1.53¢1.54; Non, 2 white, 1.04; No,
1 yellow, |.11?1,\5: No, & white, 1.83%;
Ne, 3 yellow, 1. 81% @lB3 4.
Onts, No. 1 white, 69% @7l, ’l'vnmlh)‘.‘
2.00@11.76. |
ittt |
. NAVAL STORES, |
BAVANNAM, Aug. 30 --Market, steady;
regulars, 1.68%; pales reported 102;
market steady; WW, 23.60; wa, 24.00; N,
23.60; M, 31.86; K, 20560; I 10.76; H.
1860; O, 18.10; I, 17.80 B, 17.50;: D, 17.50;
B 18 16, Receipts, aspirits, 220, rovin,
000 shipments. 111; rosin, 935, stocks,
9,075; rosin, 46,300, w
A Clean Newspaper for Southern Homes
EASIER TONE
IN GRAIN PITS
| CHICAGO, Aug. Ba.—Corn during
the -apmlnf hour today ranged from
1-4 to 3 1-4 cents lower than yester
day's closing prices. Trade was not
large, Commission houses favored the
selling side, while locals bought on
the break.
Oats started unchanged to 1-4 cent
lower, with a light local trade. A
house with Fastern connections was
a (ree seller of September. Trade in
deferred futures was featureless.
Provisions opened slightly lower at
offerings limited.
The market ruled dull and weak
during the late trading, with Septem
ber corn dropping from an early high
of SI.BO to $1.76, but closing 1 3-4
cents above the low. Similar price
changes occurred in other months,
Final prices were 1 1-4 to 2 1-2 cents
down on corn apd 1 1-8 to 1 1-4 cents
off on oats.
P'rovisions closed slightly higher.
Grain quotations:
v& | 'l | |Prev.
n | High | Low | Close [Frov.
] ....._T._....'..
St l.‘l'l& 1.80 1.76 1.77 N
Dec, 1.38 1.38%] 1.36 1.36 1.39 |
l:'ly' L35%| L36%| 1.33 I.3:u| 1.36%
nts |
Sept 70% 708 069%| 6 TO%
Dee. 13:2 74 73%| 72 74 ‘
L{ny 77 THL 76 76 TT%
rark ‘
BB i i e b D
AOe e o
Lard | | ‘
Sept ,2&‘5 |28.15 |27.67 [27.67 [37.62
Oct. [28.70 [28.10 [27.62* [27.65 [27.66
My Ve Bovi RE O
Ribs | I | I ! »
San. |21.80 122.20 [21.80 21.87 |25.97
ot 22,37 [22.37 [21.92 (2197 (23.07
May e h i RS T
i —————————y g
CHICAGO LIVE STOCK.
By U. S. Burean of Markets,
Hogs: Recalfils 4,000. Market fully 50¢
to $1 higher than yesterday. Top, 20.04;
eavyweight, 17.25@19.00; medium weight,
17.25@20.00; lnght weight, 18.75@20.00;
light lights, 1 .50@!9.50: heavy packing
sows, smooth, 16.26@17.00; slckin( BOWA,
rough, 15.50@16.25; FI?. 16.60@19.00,
Cattle: Receipts 4,000, Market com
pared with week ago. Native beef steers
and bulk of butchers’ cows and heifers
mostly $1 to $1.50 lower; others 50c to
$1.26 lower,
Bheep: Receipts 4,000 Market com
pared with weeg ago., Good choice fat
lambs mottlx $2 to $2.50 down. ®Some in
between and common grades, $3 to §4
down., Fat ewes, 75c to $1 lower. Weth
ers ‘d yvearlings, $1 to $2 lower, Feed
ers Mostly 50c to §sl lower, Breeding
ewes Hoc lower.
lA‘I'I.AN:: PROVISION MARKET.
(Carrect by White Provision Co,)
Cornfield hams, 10-12, 3652.
Cornfield hams. 12-14, 36%%. .
Cornfield skinned hams, 15-18, 38.
Cornfield piente hams, 6-8 29,
Cornfield breakfast bacon, £O.
Cornfield sliced bacon, 1«lb. boxes, 12
to case, 6§7.
Groecers’ bacon, wide or narrow, 38.
Cornfield pork sausage, fresh link or
bulk, 286,
Cornfield wieners, in 10-Ib, cartens, 22.
Cornfield wieners, in 12-lb. kits, In
pickle, 3.00,
Cornfleld Bologna sausage, in 25-Ih.
boxes, 18.
l(‘ornholi link sausage, in 25-Ib. boxes,
18,
!;ra,ndmother's pure leaf lard, tierce
basis,” 35,
Couniry style lard, tierce basis, 34.
Compound lard, tierce basis, 28%. -~
D.«B. extral ribs, 29
D. 8. bellies, medium average, 30.
D. 8. bellies, light average, 30,
ATIANT# LIVE STOCK MARKET.
((‘ormted"{l W. H. Whitel{ Jr., President
ite Provision Co,)
| _Good to choice steers, §SO to 1,000, 9.50
.@10.00; good steers, 750-850, 9.00@ 9.50;
medium to good steers, 6§o-750, S 00@
$.00; medium to choice beef cows, 7560-
850, 7.50@8.00; medium to good cows,
€SO-750, 7.00@7.50; good to choice heifers,
550-650, 7.00@7.50, 1
The above represents ruling prices for
good quality fed cattle. Inferior grades,
;Inlry types and range cattle, quoted be
ow:
Medium to good steers, TOO-%00, 7.50@%
8.00; medium to good cows, 600-700, 6.50
.61:‘7‘00; mixed common cows, 525@6.25;
i good fat oxen, 7.00@8.00; good butcher
| bulls, 7.00@8.00; choice veal calves, 6.50
' @8.00; yearlings, 6.00@6.50,
Prime hogs, 165-225 1%.26@19.00; light
hogs, 130-165, 17-26@18.00; heavy pigs,
100-130, 16.00@16.50; light pigs, 80-100,
14 50@15.50.
The above applies to good quality
mixed fed hg(n.
ST, LOUIS LIVE STOCK MARKET,
BT. LOUIS, Aug. 30.—Cattle: Receipts,
1,800; market, steady; native bee fsteers,
{ 11.20@018.00; yearling steers and hmrvrs,l
11.006218.00; cows, 7.50@13.00; stockers
‘nnd feeders, 7.00@12.00; calves, 150063
| 18.50; fair steers, 9 006@14.00; prime South
| ern steers, 6.50@8.00; beef cows and heif
ere, 6.50@8.00; choice veal calves, 15.00@
18.50: canners’ cutters, 7.0068.50
Hogs: Receipts, 3,500; market, steady;
Imllul‘ 18.75@19.50; (ond. 19.256019.40;
| rough, 15006016.00; ights, 18764019, 40;
pigs, 15.60@19.00; bulk, 19.006p19.50.
SBheep: Receipts, 650; market, steady;
ewes, 560@9.00; chopners and canners,
3.00606.00; lambs, 15004 15.265,
l JACKSONVILLE LIVE STOCK.
Hogs—Receipts light; prospects $2.00
[lnwnr Cholce heavy, 17.00@17.50; good
heavy, 16.60@17.00; rough heavy, 15.00@
I 16.06; lights, 15006 16.50; heavy pigs,
12.00@14.50; light pigs, 9.00@11.26; range
hogs, 10,006 12.00; range pigs, 6.00@8.00,
Cattle—Reecipts medium; prospects 60e
' lower Steers, 5,.60@10.00; bulls, 5.25@
| 7.00; yearlings, 85.26@6.25: cows, 5.00@
! 7.50; veal calves, 9.00@13.50; canners
!4009 up.~~Willlamson and Dennis, August
: THE WEATHER,
. WASHINGTON, Aug. 30,—The outlook is
| for showers and thunderstorms tonight
(.\nr) Sunday in the Atlantie and Bast Gulf
States. Temperature changes will be un
important
Forecast by States,
Virginig: Unsettlod tonight and Sunday,
probably occasional showers, not much |
change in temperature. |
North and South Carolina, Georgia,
' Plorida, Alabama, Mississippl and Ten
nessce: Showers and thunderstorms proba.
| ble tonight and Sunday; not much change
L in temperature,
WEEKLY WEATHER FORECAST,
WASHINGTON, Aug. 30 -The weather
| bureau today issued the following fores
L cast for noxt week
i Atlantic and Gulf States, Ohio Valley
and Tennessce, region of Great Lakes and
upper and lower, Missouri Valleys The
| week beginning feptember 1 will he one
L of normal temperature and gemerally fair
| weather hut with a probability of oc.
casional local showers
s
NEW YORK BANK STATEMENT,
I NEW YORK, Aug. 30.—The weekly bank
‘munm-m follows: «
Average Stutement,
| Loans, decrease, $20.450.000; lemand de.
pesits, decreane, $15,862,000; time Adeposits
i nerense, $3,002.000; reserve, decrease, $4
a 5.000
, Actunl Statement,
’ Lonns, Increase, $13.346,000; demand des
posity, increage, $28.561,000; time deposiis
| ineronse, $16,743,000; reserve, increase,
l $3%,011,000,
Cotton and Stock
Exchanges Closed
A LL leading stock and cotton
exchanges were closed Sat
urday, the board of managers of
the exchanges having voted to
observe the day as an extra La
bor Day holiday. All American
markets and banking institutions
will ba closed Monday.
-
'
R 1
Georgia is destined to become the
%reateat tobacco growing State in the
nion, in the opinion of W. W, Dris
kell of S%l‘ru.. farm demonstration
agent of neock County, who has
just returned from an inspection trip
of seventeen Georgia counties. He is
’ in Atlanta on a visit to his brother-in
law, Fred Houser, secretary of the
Atlanta Convention Bureau. |
“All gray soil in Georgia that is well
drained is ideal for growing tobacco'
of the best grade,” said Mr, Driskell.
“It only requires expert attention and
experienced handling to make great
crops in Georgia.”
Every person in South Georgia who
has experimented in growing tobacco
has been successful where proper
methods of curing and planting were
used according to Mr. Driskell
Where failures have been reported it
was found that the persons growing
ithe ecrop were inexperienced and had
also failed to grow cotton and other
1 products successfully.
WAREHOUSES ERECTED.
Tobacco warehouses have been
erected at Abbeville, Ashburn, Fitz
gerald and other towns. On tobacco
‘market days in those places great
crowds of buyers and sellers congre
'gate, and it looks like a scene on the
' New York (‘otton Exchange in a
‘small way, Mr. Driskell said.
- One man moved to a Georgia coun
ty from South Carolina and started
to raise tobacco. He was experienced
in tobacco cuiture and planted fif
teen acres of the product. He grew
22,500 pounds of best quality tobacco
on the fifteen acres and received an
offer of 50 cents a pound for it. This
crop netted him about SII,OOO, accord
ing to Mr. Driskell.
This comparison will give an idea
of the difference.in profits from to
bacco and cotton, according to Mr,
Driskell, and is one case out of ten.
He said this farmer spent but SSO on
labor,
REQUIRES ATTENTION,
“The chief thing about tobacco
growing is to see that it is done right
from the time the plant is put into
the bed until the plant has been
cured,” said Mr. Dirskell. “It requires
much attention and must be watched
carefully, but it is a four-month crop
and money can be realized on it four
months after the plant is trans
planted.”
Growing tobacco in South and Cen
tral Georgia is a new thing, as the
farmers in those sections have paid
most attention to corn and cotton.
The land formerly was covered with
timber, but since the timber has been
eut off is being used for agricultural
purposes.
Experienced tobacco growers of
Virginia and the Carolinas have lo
cated in some of the counties in Geor
gla and their success has demon
strated that tobacco can be made a
wonderful crop in Georgia.
.
Tenants Form Soviet to
Gel Best of Landlord
(By Universal Service.)
NEW YORK, Aug. 30.—~The latest
way of getting the best of a land
lord, “according to Abraham Levow,
who owns an apartment house, is for
the tenants to form a soviet, declare |
war to the death on the landlord, fire|
the janitor and just run things them
selves. It is all very simple, but Le
vow somehow doesn't like it. Any
way, he emitted a roar in-the Harlem
Court.
He declared the women among hisi
tenants had formed a Red Guard and
paraded through his apartment hnusnl
shouting: ‘“The bolsheviki are in con
trol!”™ He had a lot of them in court I
They had collected S3OO rent money,
he wailed, and he hadn't seen enough
of it to buy a dog biscuit.
The lawyer who represented the ac
cused women sald the service of dis
possess notices had started the row,
They were given until September 4 to
present their side,
Ten Transports Steam
Into New York Harbor
NEW YORK, Aug. 30.—Ten rrans
ports, strung out in fleetlike forma
tion, arrived here from France today
with 464 officers, 6,311 enlisted men
and 1756 army welfare workers aboard.
This is one of the biggest lists of
troop arvals recorded at the port of
embarkation offices in many weeks,
The arrivals were the Peerless, from
St, Nazaire, with 41 officers and 17
man; the Towan, with 27 officers and
573 men: the Orizaba, with 91 officers
and 1,687 men: the Santa Malta, with
32 officers and 325 men; the Henry
R. Mallory, with 36 officers and 5641
men; t he Pastores, with 768 officers
and 1,396 men; the Santa Leonora,
with 45 officers and 349 men, and the
Graf Waldersee, with 116 officers and
1,412 men. The nine last named ves
sels came from Brest,
College Park Schools
To Open September 8
The Colege Park public schools will
open for the fall and winter term
Monday, September & The erowded
condition of the schools last year will
be relieved hy the completion of a
new building and prospects are bright
for a good vear's work,
The teaching staff follows: Prof.
L. O, Freeman, superintendent; High
School, Misses Nell Henry, Maude
Colquitt, ULlecle Payne and Maude
Messengale, Grammar School, Misses
Rose Rives, Callle Johnson, Georgia
Brown and Willie Mae Duncan. Pri
mary School, Misses Beula Hauser,
Louise Mooar, Mary Hope, Cleopas
Hicks and Claudia Hartsfield,
.
Thrift Clubs Formed
In Carolina Mills
COLUMBUS, Aug, 30.—Mrs,
Charles T, Fuller, field representa
tive of the War Savings organization
of the Sixth Federal Reserve District,
returned to Atlanta last night, after
having succeoded in organizing
thrift clubs In several of the local
cotton mills. Young women in each
department wil loffer stamps for sale,
and the mills offer cash prizes Lo the
girls making the greatest sales,
Senate in Stormy |
Session Names Palmer
(By International News Service) ‘
WASHINGTON, Aug. 80.-After a
storgny executive sesslon, lasting
more than two hours, the Senate mre
yestarday confirmed the nominatton
of A, Mitechell Palmer ta be attor.
ney general. ‘There was no roll eall,
as It beeame apparent before the
fight had progressed very far that
Able Secretary
Is Re-elected by
State Retailers
W\ ot emmir I ""_,.;
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L AR
JOHN BRATTON.
John Bratton of Atlanta, who
was re-elected secretary of the
Georgia Retail Merchants' Associa
tion at a business session held
Thursday, has served for several
years as secretary of the retail
merchants’ organization,
Ely Calloway of LaGrange was
elected president of the association
for the ensuing year. W. H. Brit
tain of Atlanta was “elected first
vice president, W. E. Carter, Al
bany, second vice president; A. J.
Baskin, Waynesboro, third vice
presidenf and R. C. Neely, fourth
vice president,
The executive committee will
meet at a later date and select a
p'ace to hold the meeting next
year, '
Dr. J. E. Acker Succeeds
.
Smith in Health Office
Dr. Clande A. Smith, city hacteriol
ogist, tendered his resignation to the
board of health Friday afternoon, giv
ing as his reason private affairs that
demanded more of his time, It was
secepted and Dr. J B. Kennedy, city
health officer, nominated Dr. J. E
Acker, assistant city chemist and bac
teriologist, to fill the position left va.
cant by Dr. Smith, and he was elected
by the board.
Dr. Smith's resignation came as a
surprise to the members of the board,
who haa a 0 mmtimation of his leaving
the service of thegity, They expressed
their regret personally at his decision
and extended him a rising vote of
thanks for his conscientious services
te the city. i
For the last fourteen years Dr.
Smith has filled the position of bhac
teriologist with the city and his work
was notable. Dr. Acker, his succes
son, recently returned from France,
where he was an officer in the medi
cal corps, and is well qualified to
handle the work.
Kansas Corn Crop
‘Placed at 56,500,000 Bus.
BY JOS. F. PRITCHARD,
CHICAGO, Aug. 30.-The State report
on Kansas corn yesterday showed A prom
ise of only 56,600,000 bushels for the State.
The report causes prices to advance on
the board of trade. > "
Accordigg to Kansas advices, crop des
terioration in that State has been sensa
tional, especially on uplands In the east
ern two-thirds of the State. The crop
is past help by rain. In lowland counties
the corn is still green and will be bene
fitted by rain.
Busi
Safeguard Your Business
‘ -\
! @fl\
Y/ /
CoN'rmvr.n prosperity depends upon two things—the pro-.
duction of more goods and ability to market this in
creased production at a profit. Labor and capital must both be
profitably employed.
Advertising is being used, and will continue to be used in even
greater measure, toward the solution of those two problems,.
That is why business men are interested in the great
Advertising Convention
New Orleans, September 21-25, 1919
At this meeting internationally known representatives of the
employer and the wage carner will discuss plans for uniting
capital and labor for greater production.
Advertising men understand the other fellow’s viewpoint.
When the right plan is suggested, they will do their part in
getting the message to the employer, the worker, the con
sumer, in a language each understands, -
In like manner, this great meeting will be directly helpful in
pointing ways toward new and larger markets,
All business men and women are invited to attend and particis
pate. For further information, hotel reservations, etc., write
at once to
. . .
Associated Advertising Clubs
of the World
110 West 4oth Street, New York, N. Y.
SATURDAY, AUGUST 30, 1919.
| \
i
4
.
(By International News Service.)
WASHINGTON, Aug. 30.—~The
House has taken a vacation until
knext Tuesday. Of the important
committees that have been at work
almost continuously during the sum
mer days, only the Foreign Affairs
Committee remained on the job to
day.
Assistant Secretary of State Brek
inridge Long was in closed session
with the Foreign Affairs Committee,
going over with the members ques
tions concerning this government's
foreign policy with respect to Rus
sla, Mexico and the new KEuropean
| states, and to the extent this country
{s involved in present contentions,
Upon Secretary Long's testimony
will hinge the report from the com
mittee on a resolution requesting the
President not to permit the use of
American troops to do police duty
in Silesia and the immediate return
from Europe of, even a larger num
ber of American troops than contem
plated at this time by the war de
partment. |
OTHERS MORE INTERESTED.
Representative Wood of Indiana,
who is leading the opposition in the
House to maintenance of Amerrrun‘
troops in foreign countries, insists
that it is more the duty of Hngl:md‘
and France than of the United States
to see that necessary police duty !s‘
done in Silesia, because those coun
‘vrh-a aresinterested vitally in km*r\lnitl
the Silesian coal mines in operation
and Silesian railroads running.
“It does not appear from reports
recelved from FEurope,” he said to
day, “that either of those countries
is sending military forces to Silesia,
and I want to know the reason why."”
The, Interstate and Foreign Com
merce Committee still has at least
two weeks of hearings on ramroad
legislation before it ¢an settle to the
task of framing the bill.
CARRIERS TO BE HEARD.,
Representatives of the water ear
riers, the telegraph and telephone
lines, the railroad administration and
the Interstate Commerce Commission
are to be heard.
The Agricultural Committee mem
bers are making individual study of
3 plan nearly perfected for the reg
ulation of cold storage. A, Dbill is ex
pected to be complete dearly next
week and brought before the House
for passage,
With this legislation out of the way
the House will mark time until the
Republican leaders see their way
clear for favorable action on the Mon
deil soldiers’ land settlement bill,
which is now under heavy fire of
adverse eriticism, or until the rail
road legislation comes along frnm!
the Interstate and Foreign Commerce
Committee. 1
BI L T e Ts T e ARS T [
S Ty L IR =T
1 SECURITIES SALES WOMPANY §
PHONE INVESTMENT SECUKITIES GRANT BLDG. |5
VY 2900, Direct #mbo‘g}q&,figmflf ATLANTA GA. £
R ETeR ,
Ship Your Cotton to
THE COTTON WAREHOUSE CO.
COTTON FACTORS
No Embargo On Our Warehouses. For Rates, Write Us.
Office and Salesroom, 25 lvy Street, Atlanta, Ga.
Local Pheone Ivy 3277; Long Distance 9976.
BY ALFRED G. ANDERSON.
BERLIN, Aug. 30.—The status of
Germany’'s next diplomatic represen<
tative in Washington wil ldepend en
tirely upon rank given to the suc
cessor of James W. Gerard, in Bar
lin, it was said today by an attache
of the foreign office,
“We shall wait for the United
States to make the first move,” said
this offiecial. "It is customary for
countries that have been at war to
initiate the resumption of diplo
matic intercourse through charges
d’affaires. Thus, if America sends a
charge d'affaires to Berlin we shall
do likewise in the case of Washing
ton.
“The United State,s however, has
the privilege of sending a full ame
bassador to Germany at once. If tnis
course is taken we shall follow suit
and send a representative of corree
sponding rank.
“Some government executives think
we ought to send a business man,
Others favor a trained diplomat. I
think the latter will be of greatest
advantage, as a business man might
put financial matters above all other
‘ interests.”
Efforts to learn the name of Gere
many’s choice for the Washington
post have been futile, although seve
eral persons have been mentioned in
‘unofficial reports. It seems that
‘there is some doubt as to the type
of man that ought to represent this
‘«mmvry in America.
. It is stated that the consular de
partment is mapping out a new
course of representation, but that the
‘actual apportionment of consuls will
be held in abeyance until the diploe
matic posts have been filled,
.
Persons Likely to Run
. . . - -
Again in Sixth District
MACON, Aug. 30.—While in Mae
con today, G. Ogden Persons of For«
syth intimated strongly that he would
be a candidate for congressman from
the Sixth District next year. He ran
last year against J. Walter Wise of
Fayetteville, and was defeated after &
close race. He carried Bibb County
but lost in most of the others by a
close vote. ¥
: caf
i. Systems .
- G N
Fi ek_jf&%fil‘?n Co.
- V
9