Newspaper Page Text
LA IMAF FINANCIAL VS
gL IMARKETS AND FINANCIAL V=3
' 1
/ ;
il
By BROADAN WALL.
'NEW YORK, Aug. 30.—The proe
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 yvesterday. An
nouncement that the Southern Pacific
had won suits brought by the govern
ment against it in the lower courts of
California was also used to advantage
by the bulls. Buying f6r 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 sales 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 began 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 session and
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 runniniathe
market in the stock Thursday lled
in practically all of the stock that
had been loaned. This resulted 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 appearance.
SReveral are already groomed and
await favorable auspices for their
launching.
IWEER’B COTTON RANGE.]
Following shows the highest and lewest
otations of active cotton options at New
‘:rk and New Orleans last week, togeth
uit.h Friday's close, the previous week
«l and net changes for the week:
NEW YORK.
"J | {¥ri, | Wk.[Net
High [ Tow IClosel Ago.[Ches
& - .nnl.mx'n.n‘.’n.wm.fl 27
ber, . .[-32.30/*31.66!31.85|31.58| +27
Bod ~-sz.u'n.un.wz{.u- 32
.« s o+ .|-32.40(*31.68 SI.”P 65434
c s s - -|532.35/%31,82(32.02/31.66/ 436
NEW ORLEANS.
| | Fri, | Wi.|Net
- _.__i‘!‘!!'_l!!!"{fl'!A 0./Chirs
s 8 ¢ fll."“:.ll 3!.41!3%.“1 61
.« .]=31.72/*30.99/31.42 30.85 +-57
o o .|=31.80! '3!.0:;3!.06;80.91} i
e o o oSO '3!.‘3 31.60'30,94 . -66
« o . . .1"31.80531.43/31.65/30.99 66
; ; ~Wednesday ;
HESTER'S COTTON STATEMENT.
Comparisons are to actual dates, not to
etose of corresponding weeks:
Bales.
In ?It B s iciioncitenas 60,000
0. same seven days last year 148,000
do. same seven days year be-
BB coaseanibuensaevnnssnnes - JEL.OOO
do. for the month ......... 203,000
do. same date last year ... 353,000
do. same %&: year before .. 434,000
do. for season ............. 293444
do, same date last year .... 353,000
dO. same date year hefore ... 434,000
Port receipts for season ~...... 234,000
do. same date last year ... 198,000
do. same date year before
B e e hiiah b s b 261,000
Overland to mills and Canada for
DI s cssaosinsrondanssos 39.000
do, same date last year .... 45,000
do. * game date wyear before 61,000
Southern mill takings for season' 150000
do, same date last year .. 222000
do, same date year ‘»Pforn . 218,000
Interior stocks in excess® of | Au-
BERETE. MINW iiiinsenene. TR
do, last year, minus ....... 111,000
do. year before, minus ...... 106,000
Foreign exports for week ... . 132000
do. same soven days last year 63,000
do. same seven days year be-
B L i rsviadinnnn@nibs 110,000
do. for eason . ............os 471,000
do. same dnte last year ...... 287,000
do. same date year before ... 355,000
Northern spinners’ takings ang
Canada for week .......... 20,000
do. same seven days last year 36,000
do. for season ........s.ss. 110,000
do. to same date 'ast year #9OOO
BTATEMENT OF SPIKNERS TAKINGS
OF AMERICAN COTTON THROUGH
ouUT THE WORLD
This week ...... ke DD
Bame seven days last year ..., 121,000
Same seven Aays year before ... 101,000
Total since August 1 veaeres 008000
Same date last year ... ssisss. - DREDND
Bame date year before 3 662,000
BETATEMENT OI" WORLD'S VISIBLE
SUPPLY
Total visible this week ........ 4,386,000
do. last week ..... ves 4,477,000
do. same date lnst year ... 2,841,000
do. same date year before . 2,456,000
Of this the total Amecrican this
WO . b ianaviiriiaarrnens 2,865,000
do. st week ......c.0v.0 3,824,000
0, last year siigsnpsnens LIRZ OGO
0. ear before seasnse EENG, 000
All o«u{ kids this week ..., 1,621,000
do, last week ceese 1,565,000
do. last year . o 105 D 000
do. year hefore , 1,200,000
Visible in the United States this |
oA . L.t v 1,478,000
l do, date last year .... 1,320,000
Visible m other countries this
e vevs e "9,918,000
¥ do. this date last year ....., 3,521,000
THE ATLANTA GEORGIAN @ 80 A Clean Newspaper for Southern Homes R oo
AUGUST BANK CLEARINGS
SHOW PHENOMENAL GAIN
; BY VICTOR BARRON,
Atlanta bank clearings Saturday ... ... ... ... ...$7,871,671,15
Bamh day 3080 PMRE CO. ci. aes o aee shaees i WEPRIVN
BRI oo il o b i Ak Sk
Same day ISt Week ... ... ..o 000 covoees oo oes 1,087,001.80
BB IIRY . . . .l ik ok v s RETINTRED
Atlanta benk clearings for week .. ... ... ... ...$50,070,233.77
Stme weel last YeRY ... ... o 0 i ey aay edy 36,440,306.47
N 0 L e e N .....$14,6g,826.80
Bt M 5 e o e e oo RS DS
Shuls Sl S 0l v B s v TETTREIRES
Atlanta bank clearings for August ... ... ... ..$2323,116,095.89
Same month last year ... ... ... ... ... ... .. 161,888,169.59
BN i A Gt e o o AT RN
S I L) i ake aks ses ab T
SRt R AR L.. i einiii s by ao SRR
Atlanta cotton statement Saturday:
: . Last
’ 19819. Week.
BtE ... ciiensiae shapae seriihbee 0 210
RIS o ioi ot von due wid ben oov T 2,159
RO ... il ielvidaak sk v SO RN 19,422
B G i e ks sty o T 150
Concrete evidence that the agitation against high prices and the nn
merous strikes, etc., have not disturbed business conditions here to any
noticeable degree is furnished in this month's statemeent of the Atlanta
DA Clearing House Association, which shows that clearings
e —the best business barometer in any given community—
R % # during the month of August greatly surpassed all pre
&o U @B vious high records for that period and coming within
¢ v g about $11,000,000 of equaling July's stupendous aggre-
L " Ol gate of $244,476,445.38,
BT R August’'s clearings reached a phenomenal total of
O Rl ¥ $233,116,000.89, as compared with $161,938,169.59 the cor
- % Y'Mg responding period a year ago—a gain of MORE THAN
M@ “y @ SEVENTY-ONE MILLION DOLLARS, the gain alone
. W Bereatly exceeding August's clearings in the years of
o sBB 1016 and 1916,
RO e This month's gigantic total surpassed the same
S MR month’s clearings of 1917 by ALMOST ONE HUNDRED
e b AND THIRTY-THREE MILLION DOLLARS.
R The month’s record clearings, while the fourth heav
.R’f’ iest in the present year, reflects exceptionally large
R business in all lines, despite the fact that August usuanry
we' b&a ¢ i the dullest period during the summer. Retailers as-
S sert that August business showed little or no abate
ment from the heavy sales that have prevailed all sum
mer, and state that they are preparing for the greatest fall trade in history.
The 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 cointry 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 $1,875807,271.98, as
compared with $1,455,288,962.47 the same period a syear 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’ clearings in 1916
were buried out of sight by a COLOSSAL gain of $1,452,547,166.26.
Following are clearings here for the first eight months of this year,
with comparisons:
i A e 1917. 1916, 1915,
.7<anuary '! 269.17:&,033,33:: 215,140,437.2778 12_250.2'm;7fim‘7»v-7mß
Eed , ~ 194,217,011.19 170,166,660.89{ RS,OOB,.")GGSJ 67,852,088.77] 63,319,309.90
March . 215,669,821 50‘»‘_ 196,014,670.00] 101,616,450.93 70,479,464 .86/ 57,848.857.13
April . . 2<77.8Q5,263.09 183.2’._‘7.!'11 01‘ 102,5323,057.38] 67,'66.65?,9‘;‘ 55,409,586.91
M_ay e 2.\4.432.33!‘35 IS_O.fi;rb,Zflx 48 1:!.‘.,6%.471.70‘ 71,428%,806.81 53,460,550.44
Junme |, .| 226,724.167.18| 167,187,191 s:s‘ $9,430.601.71] 60,348,797.31] 47.216,676.32
July . .| 244.476,446.38] 170,050,598.27| 101.651,164.20| 56,616,660.02] 50,837,376.52
August .| 235,116,005.89 161,938,169.59 ao7,ss:.n3.s(fl u,vs:,c’:s.ss\ 43,623,7568.52
Total |51,875,807,271.98|51,455,283,962.47(8 §97,813,693.94| $633,082,437.88]5123,233,105.73
Weekly Fruit and Vegetable Review
¥ollowing 1s the weekly review ofy4
United States department of gariculture’
fruits and vegetables as Issued by the
prices to jobbers and shipments for the
Tnited States for the period of August
19-26 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 fl-ndn{
lines abundant. Total nhlrm.nu 12,86
cars compared with 12,260 last week and
with about 10,000 cars for corrupon(flhg|
weeks last year and the year before.
Shipments should tend to increase rapidly
until height is reached, which last year
was during last week im September and
in 1917 was during third week in October,
depending chiefly on how soen petato dig
ging reaches height; as potato shipments
comprise one-third to ome-half the tetal
carlot shipments. Decreases in shipments
this week were chiefly in apples, pears,
dry beans, oranges and cantaloupes cx
increases in potatoes, sweet potatoes,
bage, onlons, peaches and grapes.
POTATOES CONSIDERABLY LOWER.
Supplles are increasing liberally and
prices tend downward as Season ap
proaches its height. Last year peak of
shipments was reached mbout October 1
and was reached in 1917 the third vrk n
October. Prices last year tended down
ward until shipments began to decrease.
Prices this week lost lic-%l per cwt, and
whole market averaged about 35¢ lower.
New Jerscy sacked Cobblers fell back to
$3-$3,50 J)er ewt, f, o. b closing at §3.10
compared with $3.75-$3.90 last week and
with $2.40-32.756 a year ago. Jersey Giants
sacked ranged n.u-s‘:dn t o B Con
suming markets quotl Giants 2.50-83.75 |
per ewt, sacked in the East, but some
Middle Western markets ranged $3.50-34.
fu 1017 New Jersey Giants were quoted
f. o. b. in producing sections at !1.!.’h11.“
and in 1816 for the corresponding week
$1.40 per ewt. Minnesota early Ohlos de
elined ahout Thc this week, closing at
$2.30-32.50 per ewt. f. o. b, and carlots
fn Chicago ranged $32.40-32.656 per cwt,,
other Middle Western markets quoting
jobhing sales at $3.25-83.75, an average'
Aecline of 26e, Colorado round whites
ranged §s3-82.60 in Denver. Idaho round |
whites were quoted in Western markets at
$4-34.25. California sacked white stock
declined 16c-30¢, nnflnx $2,30-32.50 per
ewt. f. o, b. and ruling $4 in Chieago.
Shipments increased to 3,714 cars rom-(
pared W(l‘* 3,010 last week and with 3,333
a vear agh. New Jersey still leads with
1,207 cars, hut Minnesota imereased to |
£lO and Maine te 421, The Northwestern
and mountain sections are increasing also,
ONION MARKET CONTINUES WEAK,
Declines ranged &fir-wr {wr cwt, Con
necticut anlc‘ sacked yellow stock was
quoted $3.26-83.756 in Eastern consumin
markets and New York red stock rnngfi:
$3-83.80. Middie Weatern yellow and red
onions declined about 60c, ranging $3-
$3.60 per ewt. California yellow onlong
were slow at shipping points and slightly
weaker at $1.90-§2 f. o, b, while ceus
suming markets ranged slightly lownr,‘
mostly ‘{:mr..n.zs but reached §3 in Chi
cago. ‘ashington yollow stock \n-skomd‘
to a general jobbing ramge of §3-83.60. |
Shipments ineroased to 414 cars, compuml‘
with 972 last week, The leading shipping
gections are same as last week l'l"l’"l‘
Washington, which seems to bo nur{i
done, Californin nhlnmd 191, New York
50, Indiana 44, lowa cars.
PEACHES GENERALLY WEAK,
Declines continued in Eastern markets
with wide rangq of quality and value, The
heavy movemvn‘ of &uyh\ml Eibertas ap
pears to be nearly over, and shipping
points u’uo!efl firm at $2.76-83 per bushe!
basket £. 0. b, Consuming markets ranged
jower than last week at $2.60-83.26, while
DNew Loik Ml Losiod Bahols wee ux
tremely weak at sl-$2. New Jersey El
bertas also ranged as low as sl-$2 in these
markets. Arkansas Elbertas held about
steady in consuming markets at $3-353.50
~per bushel basket. Heavy movement of
Colorado Elbertas is starting and prices at
- shipping points r-mmz.zs-;z.w f. 0. b
- per bushel basket. California Elbertas at
auction rales tended lower im Boston and
ranged elsewhere lll‘h(l{ below last :nk
[M 65c-81.50, mostly §l-$1.25 per box. Ship
- ments increased to 2,116 compared with
1,653 last week and 990 for the correspond
ing week a year ago. IHHeaviest movement
I 8 still from the West, California shipping
832, Colorado 184, Wn;h’inf‘ton 283, but
New Jersey shipped 235, aryland 163,
West Virginia 114 and Pennsylvania 101
MELON MARKET IRREGULAR.
Values were Inclined to weaken at some
points, but tended to recover iu__the
Middle West. West Virginia and Mary
land stock, medium sizes, ranged comsid
erably lower than last week at S2OO-3350
per car or S3O-S6O per 100 melons. Mis
souri Tom Watsons, medium sizes, after
recovering to SIOO-8176 per car, sagged
back to about last week's elosing level,
$75-%3100, while consuming markets gquoted
this stock firm at $25-335 per 100 melons
or $175-3350 per car, or $1.26-82.25 per
ewt. Indiana steck decll to $2-83.50
per cwt. Texas Tom Wa were nearly
:‘smdy in lndullodw‘me:a m-rk:: at :‘2OO
- an r
Oklahomncgom Watsons .s:‘neo’ ?wfm
per car for medium sizes, closing $856-31560
f. o. b. shipping points, while consuming
markets also strengthened flfl"’v rang
ing $1.50-$2.50 cwt. ipments in
creased modonugt to 1,904 cars, compared
with 1,863 last week and with 467 a year
ago.
CANTALOUPES DECLINE FURTHER.
California Turlocks standards, 455, were
about steady at shipping points, ranging
90c-81 cash to gyowers. Consuming mar
| kets declined generally 26e-50c, closing
$1.50-82 for 468. Indiana pink meats aver
| aged 25 lower im consuming markets,
| FAnging sl-81.45 for 465. Maryland green
meats, standards 458, are about done, last
quotation being 40¢, cash to growers., Doln
ware green meats are still moving active
ly, but declimed 15c-26e, closing 70c-7h
| cash to growers ‘n shippipg sectioms,
&nsumm[ markets Tsolnd Maryland apd
lawire stock about Goe lower, ranging
generally 500-$1.26 for standards 465. Ship
ments decroased to 8§34 ocars, mnmn‘
with 997 last week. California, Turlock
:cuon. -m“)ed 292, Delaware 177, New
exico 87, Arylnnd' 73.
PEAR MARKET STEADY,
Auction sales for California Bartietts
rangod $4-36 per box In New York City
and followed ullm‘:fl of §l-9% in other
jeading cities, reachihg top of $5.15 1n
’ Philadciphia. Most sales, however, ranged
botween 33 and $4.65. Washington Rart.
I letts rnnfwl $2.60-83.60 at anction in Chi
engo, and Colorade Bartietts ranged $2.60.
| $8.36 at that point. Shipments decreaged
| to 730 compared with 1,315 last week,
California movement 48 Adeelining, but
Washington and Oregon [ncreased, New
York shipped b 6 care. ‘
e ——————————— |
CHICAGO CASH GRAIN, |
CHICAGO, Aug. 30.--Cash: Corn, No,
ll mixed, 1.K3@1.54; No. 2 white, 1.54; No.
(2 yellow, 1.84@1.85; No. 3 witite, 1.83%;
[Nu. 3 yellow, 1L33% @1.83%,
Onty, No. 3 white, 60% P7l, Timethy,
9,000 11,75, |
: NAVAL STORES,
BAVANNAH, Aug. 30.-Market, steady:
\ regulars, 1.606%: nalon re&nfl-sd, 102; |
markot steady; WW, 2360 G, 23.00; N,
28.60; M, 201.86; K, 2060; L 1975 H,
18.60; G, 18.10; I, 17.80 K. 17.50; D, 17.60;
B, 1656, Receipts, spirits, 239 rosin,
000 shipments, 111; rosin, 935; stocks,
BNih; sosin, 10,500
CHICAGO, Aug. 20.—Corn during
the opening hour today ranged from
1-4 to 31-4 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 lastern connections was
a free 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
cénts above the low. Similer price
changes oceurred in other months,
Final prices were 1 1-4 to 2 1-2 cents
dowh on corn and 1 1-8 to 1 1-4 cents
off on oats,
Provisions clesed slightly higher.
Grain guotations:
| | | | |Prev.
- Open | High| Low | Close Prev.
‘Corn | 1 |
Sept. 1.77%/! 1.80 1.96 j 1.??% 1.7
e | LE) T LR IR
ay . . . % 1.35%
s’ | tomP Tom cm} 6% ;on
P Y
Dec. 73%| 74 'ms‘ 28| 74
\gz‘k TT%| TTW| 76 T6%| TT%
B L i Bsais Boons diiree S
Oct. Sk Basunh Tesose Tostny SIS
Lard |
Sept. |28.15 {a.u }2’7.67 127.67 [27.82
Oct. 28.70 (25,10 [27.62 (7.66 (27.56
ay I 11..... 1fi..... '1..... J24s
Sept. [21.80 [32.20 [21.80 11.!; 26.97
Oct. (22,37 |[22.37 |[21.92 |21.9 22.07
May |I iivy Vieen Teariv: LY
ORI LIVE § .
oo TR T,
Hogs: Reeeipts 4,000, Market fu lzy 60¢c
to $1 higher than {eflordny. Top, 20.00;
nmflx t, 17.25@10.00; medium weight,
17.26'2. ; llrht welsht, 18.75 @20.00;
light “lights, 1 .WPHJ ; heavy packing
sows, smooth, 16.26@17.00; packing sows,
rough, 16.60@16.25; pigs, 16,604 16.00,
Cattle: Receipts 0,00}2. Market com
pared with week ago. vative beef steers
and bul‘( of butchers’ cows and heifers
mostly $1 to $1.50 lower; others §oc to
llg: lower,
eep: w 4,000, Market com
pared with a‘o. Good cholce fat
lambs mmlx $2 to $2.50 down. BSome in
between and ecommon grades, $3 to §4
down. Fat ewes, 7bc to U‘l lower. Weth
ers and gu‘fllnn. §sl to §2 lower. Feed
ers mostly Boc to $1 lower, Breeding
ewes blc lower.
ATANT FRQTITON MARE,
| (w: by te on )
Cornfield hems, 10-12, nkz'.
Cornfield hams. 12-14, 3615,
Cornfield skinped hams, u-l% 38
Cornfield gcmn hams, 6-8 29,
Carnfield eakfast bacon, [O,
Cornfield sliced bacon, 1-Ib. boxes, 12
to case, 67.
~ Grocers' bacom, wide or narrow, 28.
h O:'mg.u pork sausage, fresh link or
u! b
| lfiornfleld wieners, in 10-lb. cartons, 22
| cornflel% wieners, in 12-Ib. kits, in
‘pickle, 3.00.
Cornfield Bologna sausage, i 25-Ib.
boxes, 18.
‘l.Oomfleld Mok sausage, In 25-Id. boxes,
Grandmother’s pure leaf lard, tierce
basis, 35.
?onm.ry lt‘lq lard, tierce basis 34.
‘ompound lard, tierce basis, 28%.
D. B. extra ribs, 29.
D. B. bellies, medium average, 30.
D. B. bellies, light average 30.
ATLANTA LIVE STOCK MARKET.
(Correcied by W. H. White, Jr., President
White Prevision Co.)
Good to choice steers, B§so to 1,000, 9.50
@10.00; good steers, 750-850, 9.00@9.50;
medium to geod steers, 650-760, B.oo@
9.00; medium to choice beef cows, 750-
B§so, 7.50@8.00; medium to good cows,
650-750, 7.00@7.50; good to choice heifers
560-660, 7.00@7.50, o
. The above represents ruling prices for
good quality Ted cattle. Inferior grades,
‘ilairy types and range cattle, guoted be
ow:
~ Medium to good steers, 700-800, 7.50@
'8.00; medium_ to good cows, 600-700, 6.50
@7.00; mixed common cows, 526@8.25;
good fat oxen, 7.00@8.00; good butcher
bulls, 7.00@8.00;: choice veal' calves, 6.50
@8.00; yearlings, 6.00@86.50,
Prime hogs, 165-225 15.25@19.00; light
hogs, 180-1658, 17-25@18.00; heavy pige,
| 1600-130, 16.00@16.50; light pigs, 80-100,
| 14.50@15.50.
| The above applies to good quality
[mxxvd fed hogs.
ST. LOUTS LIVE STOCK MARKFT.
SBT. LOUIS, Aug. 30.—Cattie: Receipts,
1,800; market, ne‘uv: unt?v- bee fll.gl‘l.
1L2oglx.oo; yearling steers and heifers,
11.00@18.00; cows, 7.50@13.00; stackers
and feeders, 7400%1100; calves, 15.00:
1B.50; fair steers, 9.00@14.00; prime E!ou(!
ern steers, 6.60%8.00; beef cows and [g-if.
ar. 6.50(18.00; choice veal calves, 15.00 Q
1B.50: canners’ cutters, 7.00%5%.50.
Hogs: Receipts, 3,600; market, steady:
mixed, ll.?bgl’.”; good, u.uau.q{:
rough, 15.00@16.00; - lights, 18.75@19.40;
pige, 15.50@19.00; bulk, 19.00G19.50.
Sheep: Ru'elgu, 660; market, steady;
ewes, 8.50@9.00; choppers and canners,
3.00@6.00; lambs, 16.00@16.25.
————————————
JACKSONVILLE LIVE STOCK.
Hogs—Receipts light; prospects $2.00
lower. Cholce heavy, 17.00@17.50; good
heavy, 16.60@17.00; rouf‘h henvy, !5.%00
16.06; lights, 15.00@16.50; heav pigs,
12.00@14.50; light pigs, uo.uz(; range
hogs, 10.00@12.00; range pigs, G‘OOO'?&.
Cattle-—Receipts medium; prospects 50c
lower, Steers, 5.50@10.00; bulls, 5.25@
7.00; yearlings, 5.26@6.26; cows, 6.00@
7.60; veal calves, 9.00@13.50; canner
400" w—Willimson aud Dennis, August
b /
——————————
THE WEATHER.
WASHINGTON, Aug. 30.—The outiook is
for showers and thunderstorms tomnight
and Sunday in the Atlantic and Bast Guif
States. Temperature changes will be un
important,
Forecast hy States,
Virginia: Unsettled tonight and .fllfll‘;
probably occasional showers, not muc!
change in temperature.
North and South Carelina, Georgia,
Florida, Alabama, Mississippi and Ten
nessee: Showers and thunderstorms proba
ble tonight and SBunday; not much change
in temperature,
WEEKLY WEATHER FORECAST,
WASHINGTON, Aug. 30.—The weather
bureau today issued the feollowing fore
oast for next '-g:
Atlantic and Guilf States, Ohio Vsl':
and Tennessee, region of Grvt Lakes o
upper and lower Missouri Valleys: The
week beginning M‘sl.mhn 1 will be one
of normal temperature and -rmully falr
weather but with a probability of oce
casional local showers,
NEW YORK BA tnnxm.
NEW YORK, Aug. %—-rm woekly bank
statement rzlln'-:
Loans, decroase, ‘!R 460,00‘; lemand de.
poaits, decrease, §15.562,000; time deposits,
Inc“r;:.u. $3,002,000; resorve, decrease, §3,-
525,000
Actunl Statement,
Loans, increase, $131,345.000; demand de
posits, increase, $28.661,.000; time deposits,
ineroase, $16,743,000; reserve, Increase,
$38,011,000,
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 be closed Monday.
Georgia is destined to become the
greatest tobacco growing State in the
Union, in the opinion of W. W, Dris
kell of Sparta, farm demonstration
agent of Hancock County, who has
just returned from an inspection trip
of seventeen Georgia counties, He is
in Atlanta on a visit to hig 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 graded said Mr. Driskell.
“It only requires expert attention and
gxperienced handling to make great
crops in Georgia.”
Every person in SBouth Georgia who
has experimented in growing tobacco
has been successful where proper
methods of curing and planting were
used ackording to Mr. Driskell
Where failures have been reported it
was found that the persons growing
the erop were inexperienced andr hgd
also failed to grow cotton and other
products successfully,
WAREHQUSES ERECTED.
Tobacco warehouses have been
erected at Abbeville, Ashburn, Titz
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 Cotton Exchange in a
small way, Mr. Driskell sasl.
One man moved to a (vorgia coun
ty from South Carolina and started
to raise tobacco. He was experienced
in tobacco culture and planted fif
teen acres of the product. He grew
22,600 pounds of best quality tbhacco
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, aceording to Mr.
Driskell, and is one caze 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 ig 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.” 1
Growing tobaeco in South and Cen- |
tral Georgia is a new thing, as the
farmers in those sections have paid
most attention to corn and eotton.
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 Carelinas have lo
cated in some of the counties in Geor
gia and their success has demon
strated that tobacco can be made a
wonderful crop in Georgia.
\
Tenants Form Soviet to
Get 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 apartmeat house, is for
the tenants to form a soviet, declare
war to the death on the landlord, fire
the janitor and just run thimgs 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 his
tenants had formed a Red Guard and
paraded through his apartment house
shopting: “The bolsheviki are in con
tro(!l" He had a lot of them in court.
They had collected S3OO rent meney,
he wailed, and he hadn’t seen enough
of it to buy a dog biscuit,
The lawyer who represented the ac
eused women said the service of dis
possess rniotices had started the row,
They were given until September 4 to
present their side.
Ten Transports Steam
Into New York Harbor
NEW YORK, Aug. 20.—Ten trans
ports, strung out 'in fleetlike forma
tion, arrived here from France today
with 464 officers, 6,811 enlisted men
and 175 army welfare workers aboard.
This is one of the biggest lists of
troop arrivals recorded at the port of
embarkation offices in many weeks,
The arrivals were the Peerless, from
St. Nazaire, with 41 officers and 17
men; the lowan, with 27 officers and
573 men; the Orizaba, with 51 officers
and 1,697 men; the Santa Malta, with
22 officers and 336 men; the Henry
R. Mallory, with 36 officers and 541
men; t he Pastores, with 768 officers
and 1296 men; the Santa Leonora,
with 456 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 publiec sehools will
open for the fall and winter term
Monday, September 8 The crowded
condition of the schools last year will
be relieved by the completion of a
new building and prospects are bright
for a good year's work.
The teaching staff follows: Prof.
[. O. Freeman, superintendent; High
School, Misses Nell Henry, Maude
Colquitt, Licele Payne and Maude
Messengale. Grammar School, Misses
Rose Rives, Callie Johnson, Georgia
Prown and Willie Mae Dunféan. Pri
mary School, Misses Beula Hauser,
Louise Mooar, Mary Hope, Cleopas
Hicks and Clandia Hartsfield,
Thrift Clubs Formed
5 |
In Carolina Mills
COLUMBUS, Aug. 30.—~Mrs.
Charles T, Fuller, field representa
tive of the War Savings organization
of the Sixth Federal Reserve IMstrict,
returned to Atlanta last night, after
having succeeded 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 to the
girls making the greatest sales,
Senate in Stormy ‘
Session Names Palmer
(By International News Service)
\\'K!HINHTHN. Aug. 30.-~After a
stormy executive seksion, )umlnk‘
more than two hours, the Senate mn‘
vesterday confirmed the nomination
of A. Mitchell Palmer to be attor
ney general, 'There was no roll call,
as it became apparent before the
fight had progressed very far that
there would be few votes aguinst the
confirmation,
Able Secretary
Is Re-elected by
State Retailers
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JOHN BRATTON.
John Bratton of Atlanta, who
was re-elected secretary of the
CGieorgia Retail Merchants' Assocla
tion at a business session held
Thursday, has served for several
yvears 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, Waynesbore, third vice
president and R, C. Neely, fourth
vice president.
The executive committee will
meet at a later date and select a
place to hold the meeting next
year,
Dr. J. E. Acker Succeeds
. -
Smith in Health Office
Dr. Claude A. Smith, city bacteriol
oglst, 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
pccepted and Dr. J. B. Kennedy, city
health officer, nominated Dr. J. E
Acker, a.ulstu&cuy, chemist and bac
teriologist, to fill the poaltlor\.le‘h 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 h.d 2o mmtimation of his leuvlns
the service of the cn{. They expresse
their regret personally at his decision
and extended him a rising vote of
thanks for hig conscientious servlml
te the city. .
For the last fourteen years Dr.
Smith has filled the position of bae
teriologist with the city and his work
was notabie. 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 56,5 "I‘9oooo Bus.
BY JOK. F. PRY RD.
CHICAGO, Aus. 30.-—The State report
on Kansas corn yesterday showed a prom
ise of only 56,500,000 bushels for the State.
The report causes prices to advance om
the board of trade.
According te Kansas advices, crop de
terioration in that State has been sensa
tional, especially on uplands in the east
ern two-thirds of th‘ State. The crop
is past help by rain. n lowland counties
the corn is still greem and will be bene
fitted by rain.
.
Safeguard Your Business
ONTINUED prosperity depends upon two things—the pro
: C 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 intzrested in the great
Advertising Convention
New Orleans, September 21-25, 1919
At this meeting internationally known representatives of the
employer and the wage earner 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 partici
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.
(By International News Service.)
WASHINGTON, Aug. 30.—Freedom
and self-determination for {relafid
were urged before the Senate Foreign
Relations Committee today by Jus
tice Daniel F. Cohalan of the New
York Supreme Court and by former
Gov, Edward Dunne of Illinols, Frank
P. Walsh and Michael J. Ryan of
Philadelphia, the three members of
the Irish Independence Committee,
Judge Cohalan urged the rejection
of the IL.eague of Nations covenant
by the Senate. He asserted it was
“an-American” and would “perpeti
ate British oppressioh and tyranny.”
“Speaking on behalf of the great
bulk of American citizens of Irish
blood, who number more than 20,000,
000 of our population, we are opposed
to the proposed League of Nations for
many reasons, all of which we believe
vitally affect tHe interests of our
country,” Judge Cohalan said. ‘“We
are opposed to the creation of any
superstate, or combination of nations,
that will interfere with the independ
ence of or with the sovereignty of the
United States. )
OPPOSED TO LEAGUE.
“We are opposed to the League of
Nations because it practically turfs
over to England the control of all the
seas of the world and puts us in a
position where our right to trade and
to carry on commerce with the other
peopels of mankind is subject to in
terference by England at any moment,
so that whenever her interests or her
inclination rpquired it, our commerce
would be driven from the seas and we
would be unable to carry on business
except in our own country. |
Signed by many prominent Irish-
Americans, a memorial urging the re
jection of the treaty of Versailles by
the Senate, “as a direet violation of
the prineiples on which the war was
fought,” was predented to the com
mittee,
AGAINST SECRECY.
Walsh offered to submit “confiden
tially” to the committes in executive
session what transpired between him
and his assoclates and President Wil
son and the other American peace
commissioners at Versailles when the
“rights of Iréeland were vainly being
pressed there.”
Senator Johnson of California ob
jected to “any seérecy” or to any in
formation Walsh gave the committee
“heing regarded as confidential in
these days of open covenants openly
arrived at.”
It was thén declared that anything
Walsh had tp communicate he should
relate publicly.
} “We want to get at the whole truth
=“‘ " G m{}?gd‘g‘flérh“ p ‘ T
i i ez |
Ship Your Cotton to g
THE COTTON WAREHOUSE CO.
COTTON FACTORS '
No Embargo On Our Warehouses. For Rates, Write Us. .
Office and Salesroom, 25 lvy Street, Atlanta, Ga.
Local Phone lvy 3277; Long Distance 9976. 2
: T
kY
118
“t’ é
rg s
-
i 1
Sl 1
(By International News Service.)
WASHINGTON, Aug. {o.—&n‘b-;é
tors interested in the prosecution cflig
food profiteers made efforts toddy
to get the amendments to thé rood
control act, réquested by Attorn'&y~
Gieneral Palmer, before the Senate for
a .\'oto.
Senator Harrison of Mississippl
conferred with Senator Sterling of
South Dakota in an attempt to have
the prohibition enforcement law laid
aside when it comes up and have
the senate take up the consideration
of the amendments which would give
the attorney general thé power to
punish those who make unjust and
lunreasonable prices. Senator Ster
'ling has been given the right of way
\with the prohibition bill after the
lnil land leasing bill is disposed of,
| “I am hoveful that I will bé anle
to reach an agreemment with Sen::g
).\'lvrhn;: 50 that the amendments
be taken up by the Senate next weel,”™
Senator Harrison said today.
“1 don’t belidve that it will t-i:
up very much time of the Senate a
will not delay action on the prohi
bition enforcement bills for long. X
don't think the fight against these
amendments will be a long one”
Persons Likely to Run
. »
Again in Sixth District
MACON, Aug. 30.—While in -
con today, G. Ogden Persons of F\
gyth intimated strongly that he wo
be a candidate for congréssman fi
the Sixth District next year. He rfi
last year against J. Walter Wise
Fayetteville, and was defeated me:;
close race. He carried Bibb Cou
but lost in most of the others by &
close vote.
of what went on ‘over there’ and wi g
want the American people te know @il
about it,” Senator Johha&? y 20
Walsh said he was willing to >
everything before the publié. P o
“We wers not weleome at the Hostel
Crillon at Paris,” Walsh added. “Ufe=
offictally its doors were opened to 18,
but when we im inside, those we met .
showed a marked disposition to dod B,
to jump out of the window. I wers
out seven pairs of shoes trying o
keep up with them." . s
‘‘\ 2 ' '.o
B S‘)/stem .
! Fielder & Allen Ca
? ,-ATLATA -