Newspaper Page Text
Cotton Reacts After Early Rise, Cue to Private Crop Estimate of 10,900,000 Bales, Coal and Political Situation
e®, SCHAEE gD A BV TA@2 = 6 I I\ [ ID) [ | - VAV, (e =l
@25 THE GEORGIAN'S PAGE NEWS| I
| IMPORTANT GOV'T REPORTS l
Atlanta bank clearings Thursday .................$13,153,938.19
Same GaY IA8) FOAD . ..... .00 b davingurineees s JLOBHENAOB
THEPAREA . . iet R 2100ERS IR
Same day last week ..............icoiiiiiiinnn. Holiday
Samedav lOIT . ... DG i s BONSRRE D
- o ®
Atlanta spot cotton Thursday: i s OAR
Hame iday 100 tWO .. ..., ... 000 peseiiia can s TMORGRY
Bat GO 100 k JUAT .c..ooorsaacecrasnnssnnassaonansioss NAND
BONE BRY IWIT ... 0. i dalensaanansis s eds v RN
* - ®
Atlanta cotton statement Thursday:
1919. Last Week. 1918. 1917
Receipts .......... 5203 Y 1471 2.023
Shipments ......... 1,610 ? 1,359 2,384
R ... AR . 23,254 46,053
*Holdiay.
© * ¢
By VICTOR BARRON.
Influenced by strong Liverpool cables, extremely bullish spot news,
jarger exports and bad weather in the western belt, the cotton market dis
played further strength at the start Thursday, with initial prices at New
Lk York unchanged to 29 points higher. Trade houses and
A( & Liverpool were the leading buyers on the opening. After
Je s 8 e the call the list rallied to a net gain of 25 to 43 points,
Wer 7T TR S with January rising to 37.15 and March 34.97. The dis
£ b e count July is selling under January was increased to 530
o W
e ] During the late forenoon the market turned easier
u %4 under resumption of active realizing and further short
i TFE % VERR selling as the result of the rumor that the National Gin
. 3 .o @ ners’ Association estimated the crop at 10,900,000 bales,
}Eif‘w or 200,000 bales more than last year. The entire early
Pee oo #B advance was wiped out, with December reacting 40
év‘ .@8 points from the high to 39.10. January dipped to 36.70,
e :z' while March fell to 34.48, May 32.60, July 31.50 and
@il October to 28.75,
G R Just before the noon hour another upward movement
5 N&? 04 was in progress, due to the strength of the security mar
(%? k% ¥ ket, less pressure and a report that the Southern Prod-
R fcts Company of Dallas, Texas, estimates the crop at
ez 10,448,000 bales exclusive of linters. Ring professionals
were against the market, and those bullishly inclined were disposed to await
the census ginning report, to be issued Monday, giving ginnings up to De
cember 1. The trade also was disposed to await the government’ crop esti
mate, which will be issued next Thursday.
’ FRUITS, VEGETABLES, ,
e e
‘Wholesale quotations to retailers follow:
FRUITS AND VEGETABLES.
(Corrected by Fidelity Fruit and Produce
Cempany.)
\ Vegetables.
Canadiah turnips, per p0und......} .03%
Cal. lima beans, new crop, per i 0... a 7
Black-eyed peas, new crop, per in.. .09
COUTTTARTT M N R R Fe eG,
Bell peppers, per crate............ 2.00
Onions, white, per pound ........ 06%
Irish potatoes, 150 pounds ........ 85.75
Cabbage, per pound .......ceooooo .04
Sweet potatoes, per p0und........ .02%
OFARBOITION ..ot rievasnsssvnres 'OO
} Fruits.
Oranges, per box, Florida ...:$4.00@4.50
Grapefruit, per box, ..........33.50@4.00
Lemons, Per boX .....coceeeeeesess 650
Apples, fancy, owing to variety, box,
Te e T
Apples, fancy, owing to variety, bar
vel, SB.OO and ....cococosssrsveese 15.40
Bananas, per pound ......cecooooo .o'”%
Zalifernia Emperior grapes, per kag. 7.5
Peanuts, fancy, hand-picked, per lb, A 4
California walnuts, No. 1, per 1b.... .38
Cocoanuts, 100 BiZe ....cecneeessssss 11,80
POULTRY, BUTTER, EGGS, FISH, OYS
TERS,
(Corrected by Bell Bros.)
Butter.
Fresh country, per pound ..........8 .40
- Eggs.
Fresh ‘gountry, candled, dozen ...... .80
Storage, per dozZenm \......ce5c000000 .50
Live Poultry,
Turkey, péer pound ..,..c:coees0000 .38
Turkey, dressed, per pound ........ 35
Hens and stags, per pound ~,.,...21@23
IPiers, Der POUBA . . cconornprnsiGes .35
Roosters, per pound .....cceoeoooo .15
Puddle ducks, per pound .......... .28
GRese, POFr JOUNG ...ceieedocssnings .20
SIEIBORE OBON sacisesssrionirashogne .35
Opossums and Rabbits.
ROBBIt. SRON §yscrerosanygsrensosans .30
Live, per pound ..,..cccccocoooooooß .18
Opossum, per pound ....ceoveeeeves 15
Oysters. .
Belect, per FAIIOR .....sevcoosocesee $3.50
Stews, per gallon .......c.coevseennes 2.2%
Fish,
Pomps}mel, per pound csccessanncs .20
Mackerel per pound ....seppecsens .20
Trout, per pound .......ccooooooooo .20
Mullet, per. barrel ........eeseoooo 20,00
Bottom sigh, per barrel ..........., 18,00
Snapper ne on market).
Grouper (pone on market).
DRESSED BEEF.
(Corrected by Swift and Cflnrnny.)
No. 1. No. 2. No. 3.
Ribs, pound ~....00ve5e 30 .27 .20
Loias, pound ........... .38 .35 .33
Rounds, pound ........ .27 .22 A 8
Chucks, pound ....eeees 14 A 2 08
Plates, pound .......... 13 10 W 0
A{‘L GARAGE
And
REPAIR MEN .
ARE INVITED
Every garage and repair
man in Atlanta is invited
:}be my guest at a dance
vich I will give them next
Friday evening at Raber’s
Merry Garden, 52 Houston
street. There will be ex
cellent music and a good
time.
Walter N. Yates
Prop.
SERVICE RADIATOR
~ WORKS
54 HOUSTON ST.
- Another bullish crop estimate was
issued during the afternocn, that of
Clement, Curtis and Company of
Chicago—lo,34o,ooo bales. This, to
gether with the vigorous rise in se
curities and bullish spot news. re
sulted in the markat developing fresh
rallying power, following the estab
lishment of new lows for the day
shortly after noon. Most active op
tions rallied about 30 points from
the bottom levels, January, New
York, rising from 36.60 to 36.94. Final
prices were 35 pcints lower, 22 points
tigher,
Atlanta spot cotton was officially
qucted unchanged at 40.50 cents,
tasis good middling.
The market held comparatively
steady, in view of the continued ur
favorable coal news and political sit
uation here and abroad.
The weather map lqidlmted unset
tled conditions over the belt, with
freezing temperatures in many sec
tions.
The census ginnings report will
compare with 7,677,826 bales ginned
prior to November 14 last and 9,5671,-
414 bales ginned to December 1, 1918,
9,713,529 bales ‘'to December 1, 1917,
10,352,031 to the same date in 1916,
and 9,703,612 to the same date in 1915.
It is believed that this report will
further disclose the smallness of the
vield and that ginnings returns from
then on will show up light, owing to
the rapid picking and ginning of the
crop during the last two months.
The government’'s crop estimate
will ‘compare with 11,700,000 bales a
year ago, whén the yield totaled
12,040,000 hales, exclusive of linters
—FSOO pound gross weight bales. The
estimate two years ago was 10,949,000
and 11,511,000 in 1916. The crop of
lint cotton in 191 7 totaled 11,248,000
bales and in 1916, 11,363,915 bales,
It generally is believed that the
estimate will confirm small crop
ideas. Even should the estimate be
11,600,000, it would be bullish, inas
much as exports this season will
greatly surpdass last year's outgo and
domestic consumption heavy, and that
the world is bare of both the raw
material and finished staple. The
world needs every hale of cotton the
United States grows this season, A
high estimate would be offset, to a
considerable degree, by the fact that
the crop will consist of the zreatestl
number of low grade bales in the last
quarter of a century, ‘
Following is the Southern Preducts |
Company’s crop estimate by States: |
Texas, 2,685,000. |
Oklahoma, 531,000, i
Arkansas, 838,000, |
Louisiana, 274,000, |
Georgia, 1,550,000,
Alabama, 717,000,
Mississippi, 875,000.
North Carolina, 752,000,
South Carelira, 1,200,000,
~ Tennessee, 265,000,
Missouri, 85,000.,
Otheprs, 176,000,
Total, 10,448,000,
THE WEATHER.
WASHINGTON, Dec. 4-—The outlook is
for generally falr weather and rising tem
perature over practically all districts east
of the Mississippl River during the next
thirty-six hours.
Forecast by States.
Georgia—Partly cloudy tonight and
Friday; rising temperature.
North Carolina-—Partly cloudy tonight
and Friday; rising temperature,
Bouth Carolina—Partly cloudy tonight
and Friday; rising temperature in tro
interior.
Florida—Fair tonight and Friday; ris.
ing temperature in extreme north peortion,
Extreme Northwest Florida, Alabama
and Mlsululr;pl-—-?nrny cloudy tonight
tonight and Friday, rising temperature.
Tennessee—Cloudy tonight and Friday,
rising temperature,
Louisiana—Fair tonight and Friday;
warmer; light easterly winda eon north
coast.
JACKSONVILLE LIVE STOCK.
Hogs: Receipts light; prospects steady.
Cheice heavy, 11.00@11.50; bulk, 11.60;
rough heavy, 10.00@10.60: 'ights, 10.00@
10.50; heavy pigs, 9.00@10.00; light pigs,
9.50@10.00; range hogs, 6.00@9.00; range
pigs, 4.00@6.00.
Cattle: Receipts light; prospects weak,
Bteers, 4.50@8.00; bulls, 4.00@6.00; year
lings, 3.50@500; cows, 400@6.60; heifers,
4.50@6.60;, veal oalves, 9. 00@12.00; can
nersg, 3.00 up—Willlamson and Dennis,
December 3.
USUAL DIVIDEND,
NEW YORK, Dec. 4..The Ameriean
Steel Foundry Company tod? declared
the quarterly dividend of 75 cents a
share eon the common stock and 1% on
the preferred.
b
|
~ NEW YORK, Dec. 4—The cotton
market opehed uncnanged to 29 points
higher on trade and Liverpoel buy
ing. At the end of the first fifteen
minutes the market was active at a
net advance of 25 to 43 points, but
later the list reacted about 20 points
under realizing.
The market lost the entire early
advance during the late forenoon on
increased realizin{; and smaller de
mand, due probably to a private crop
estimate of 10,900,000 bales, exclusive
of linters. The coal situation and
pclitical news also invited pressure.
Strength of the stock market, the
issuance of several bullish private!
crop estimates and reports of strong
spots in the South, resulted in the
market halling sharply from the low
marks during the late trading.
At the close the market was steady,
35 points lower to 22 points higher,
Spot cotton was officially quoted
256 points lower at 89 1-2.
NEW YORK COTTON.
ekt ol Last Prev.
Opéen|High M.!J_QM_OL_QIOE_I_C"'QO
Dec. [39.26/39.50/39.00/39.00/38.90-10]39.25
Jan. |36.90/37.15/36.60/36.94/36.94-97/36.72-74
Mar. [34.80 24.97 34.30134.60/34.60-65(/34.61-66
May (32.95(33.07 32.55’32.82 32.78-82/32.76-79
July [31.84|31.95[31.45/31.65/31.60-65/31.55-60
Oct. 129.26129.30/28.76[29.001 ... .. . 129.00
Rokasin
NEW ORLEANS COTTON. |
{ Last Prev.
iy lOp_en_l_l:ljg‘hlLov_“vJ»gh_le Close l Closs
‘Dec. [39.50(39.51/39.00/39.20/29.30 [39.44
Jan. ‘31.08 37.38 3GJ7‘37.2'”37.!2-27137.01-12
Mar. [|35.00/35.30/34.70 34.N|34.!2-0O 34.98-02
May [33.15/33.35 32.’0[]33.10 33.07-15/33.10-12
July [31.85/32.10(1.65/31.90/31.81-90(31.80-87
(-7 DR B L RTR
Closgd steady.
LIVERPOOL COTTON.
LIVERPOOL, Dec. 4.—SBpot cotton:
United States spots opened in good de
mand. Prices firm; sales 10,005 bales.
American middling fair, 30.67; good mid
dling, 27.42; full middling, 26.48; middling,
25.52; low middling, 23.37; good ordinary,
20.92; ordinary, 19.92.
Futures opened steady.
! [2.00] |Prev..
.. s loptnP. MiCl'eslCles
December ..........|124.60 ....]25.01]24.62
January ...........|23.92/24.18[24.14/23.96
FORPURYY (oecsivasas 23.48' S .|23.50 23.36
March ..............|22.73]22.86|22.86/22.76
ADI]l cceeesccsossas..]33.3B) ....]122.25]22.61
A oiiesevenniss .121.62121.70121.62521.66
June .'l vorslae sRL NN T
JUEE ...cvesnssveavslßo.Bol ... 15071130 .80
August ...cee000....]20.20/20.23]20.11]20.20
ARPIEMDOY (eiiaviosn]l vove]l oo [INBRIIO, 40
GREOTRY &\ i vies. <o i 118300 NSOO
NOVERIDOY (.ivisuvasl vgvsl s o uIBBBA sis
Closed stefll} :
O — e
AMERICAN EXCHANGE.
Following were the ruling prices on the
Ameriean Cotton and Grain Exchange, Inc.,
Thursday:
¢ | ! } | |Prev. |
mpen[gl;hl!:o:lCloselClfl
December .....|39.45 3’.(1|39‘00|39.50 39.50°
JORGRAPY . icivedßTißE 37.80'36.96 37.10(37.05
March ........./35.00/35.20/34.75|34.85|34.92
May ..........|33.30(33.31/32.75(33.01/33.10
iMl.y ...........,33.30!33.31'33.15‘31.01!33.10‘
July ...........|32.15/32.22{31.76/31.83/31.80
] e e ———
Atiania O B Nl;nn: otes
anta Commercial xe e qu
basis good middling, 407%.
. r;lew Orleans, middling, 40; sales 1,210.
ales.
New York, middling, 39.50.
Liverpool, middling, 27.42 d.
Savannah, middling, 40.
Augusta, middling, 3§.
Houston, middling, 41%.
Norfolk, middling, 38%.
Boston, middling, 40%.
Philadelphia, middling, 40.
Charleston, middling, 38%.
Wilmington, middling, 38%.
~ Dallas, dedllnf, 41%,
Memphis,*middling, 40.
Bt. Louis, mldd]l,;(. 40%.
Mobile, middling/ 38 %.
Montgomery, middling, 38%.
Galveston, middling, 32 .
Little Rock, middling, 40%.
ATLANTA COTTON SEED PRODUCTS.
Description— o Price
Crude 011, basis prime ............$19.25
Cotton seed meal cakes ......(not quoted) |
Cotton seed meal, 7 D. € .....ceooovs 12,00 ]
Georgla, common rate points ...,... 71.00
Cotton seed hulls, 10086 .......coss.. 13.00
Cotton seed hulls, sacked .....evso.. 17.00
LNtIRE WE T i ccinsnnseinmsinsane .08
Linters, No. 8 ..c.ccovvvosssennscnss .03
COTTON NOTES. '
Liverpool cables were due 11 to 22 points
Jower. The market opened quiet at a de- |
cline of 4 to an advance of 5 points. At
mid-day the market was steady at a net
advance of 2 to 22 points. BSpot cetton In
good demand at 29 points advance. Mid
dling 25.524; sales 10,000; American 5,000; |
imports 7,000, none American.
: . . s »
} Hugh McElroy says: ‘‘Pulls had become
80 discouraged by the frequent attacks to
‘which they were subjected during the past
‘month that it is not surprising to find
llhem eager to sell out when they saw a
profit instead of a loss. There was profil
‘ukmx Wednesday by those who bought on
Monday, both of which account for the
reaction which has placed the market In
a very healthy position for further ad
vance. As we have already pointed out
the holders of December longs intend to |
take up notices as tendered and there s no‘
danger of any weakening in this pesition.
For the same reason the late months,
which are selling at such an enormous dis
count, are a safe purehase.'
The Times-Picayune says: ‘‘What may
be properly termed outside influences dom
fnated the mariet Wednesday. These in
cluded the increasing seriousness of the
coal situation with the announcement thut
bunker coal will be denjed foreign vessels
after December 5. This action will, it is
feared, restrict exports temporarily and,
although this development would prove
bullish in Liverpcol, it would have the con
trary effect in American markets. The
other depressing influences were the fur
ther sensational break in foreign exchange,
particularly sterling, the refusal of Ger
many to sign the peace protecol and the
introduction of. a resolution in Congress
calling for the severance of diplomatic re
lations with Mexico.
“Aside from these developments legiti
mate market factors were sustaining, par
ticularly the steadiness of Southern spot
markets, the unfavorable weather in the
West and commu:d .xon.d exports."”
Pearsall says: “Thus far this season It.
aly has taken 15,000 bales of American
cotton., Her normal requirements before
the war were about 600,000 bales annually,
Italy needs an unusually large amount of
American cotton this sdason as her mills
are shipping goods to many of her old
markets and’to new ones as well, while
the hom edemand is enormous. Italy fs
backing large orders for gshipments of
goods to Turkey, South America and China.
At present Italy is deferring purchases of
cotton in this ecduntry owing to the rates
of exchange."
e ———————— et
COTTON MARKET OPINIONS,
Maury, Regers and Auchincloss: ““We
expect frequent rallies on account of short
covering, but look for lower prices even
tually.”
L I
Bond, McEnany & Co.: “As general con
ditions are not favorable to bullish sapecu
lation the market |s dependent upon trade
demand for its sustenance.”
2. 99N
8. M. Weld & Co,: "“We think Wednes
day's decline is a naturnj reaction after
the recent advance and are inclined to ad«
vise buying on the weak spots.”
. - .
J. W. Jay & Co.: ““We anticipate a low
er market until the situation clears.”
1 s 5N
Hubbard. & Co,i “Sentiment is by
no means ptimistic of higher prices as
has been tHe case during the last few
days.”
EXPANSION CANNOT GO ON
UNDER THE GOLD STANDARD
The National City Bank, in its monthly letter, states that the endless
cycle of wages and prices has come to an end, if the existing standard,
23.22 grains of gold to the dollar, is to measure values. The bank says:
“There will be no revival of gold
mining unless mining costs decline,
ro extension of operatigns, no ex
plération or prospecting. Existing
mines which are rich enough to yield
a profit probagly will be operated,
but production will continue ‘to di
minish.
‘““The same influences which are
potent here are felt in all gold pro
cucing districts. In 1915 the gold
production of the world amountad to
$470,000,000 and in 1918 to $380,000,-
000. In some countries, however,
mining is done largely with native
labor, for which there is no strong
competitive demand, and costs have
not risen so much as in the United
States. Moreover, in some important
producing districts the producers are
now able to sell their product at a
premium over the coinage rate, as a
result of prevailing premiums on ex
change. .
“The British government has re
lieved the mining companies of Scuth
Africa from the cbligation imposed
upcn them during the war of con
signing their gold to the Bank of
England, and allows them to dispose
New York Stock Market
~ Market closed strong.
Stock sales 1,079,100 shares.
Bond sales, $25,316,000,
| Last [Prev.
__STOCKS-< \mup |Low | ' Sale lcm.
Allis-Chalmers .. .| 43%| 42 43% | 405
Am. Ship. & Com. .| 29%| 28 29| 28
Am. Agricultural .| 91%| 91% 91%| 92
Am. Beet Sugar . .| 94 | 9234| 94 | 9234
American Can .. .| b2%| b 1 1% 61
Am. Car Fdry.. . .|137%)135 [137% 134
Am. Cotton Oil . .| 49 49 49 18%
Am. Loco. .. . . .| 84%/| 834 | 91% 93
Am. Smelting .. ..|63%| 62%| 63%| 62%
Am. Steel Found’'s. .| 42 413 42 41
Am. Sugar Ref. . .|135%[13334}136%|132%
Am. Tel. & Tel. ..| 995/ 99 | 9915| 994
Am. Woolen .. .. .[127%|1256%|127 [126
A, DHSERd . .. )i il o d TR
Atlantic G. &W, L[174%[173 [1743%|171%
Am. Hide & Lea. .| 30 28% 29%' 303(2
do. pfd. .. .. .|]l24 |ll9 [121%(123
Am. Tebacco . . ..[250 [250 |250 INU
Am. Sumatra Tob. .| 82 8855 91| 88%
ABetionh 168 . . i) vl Seacl sevil TH
Am. Writing Paper.| 53 53 b 353 %
Am. Int. Corp. . .[109%[108 [10933/108
Alloy Steel .. .. .| 49%] 49%| 49%] ....
Anaconda .. .. ..| 683 57 57%]| §€7l%
Atchison .. .. .. .| 86%| 84%| 85%/| 84%
‘Allantlc Coast Line] 91 91 91
' Ajax Rubber . . .| 86 86 86 83
Baldwin Loco. .. .(112% 1087 (111% [IOB%
Baltimore & Ohio .| 33%| 32%| 33 33%
Booth Fisheries ..| 12%| 12 12 113
Bethlehem Motors .| 33%| 32% | 334/ 32%
Bosch Mag... . « .|124%(122 [124%{120
Bethlehem Steel B.| 94% 92 94%| 91%
Brook. Rap. Tranms..| 15%| 15% 15% 15%
Butte Superior .. .| 24 231 |23 20Y%
Cal, Petroleum . .| 46 444 45 44%
Cal. Pdacking . . .| 76 76 76 763%
Canadian Pacific . .|139 |[138%]138% (138
Chesapeake & Ohio| 57 57 57 56%
Chicago & Northw..| ....J «..uf +oon 89
Coca-Cola . . . . .| 39%| 38% | 3834 39
Colo. Fuel & Iron .| 39%/ 39 39 8
Chi., Mil. & St. P. .| 38%| 37% 38 37%
Gy, DIQ. .+4 ) B 8 531 | 63%| 64
Chino Copper . . .| 37%| 36%| 36%( 36
Consolidated Gas ..| 87 85% lg% 85%
Cern Products .. .| 82 81 8215| 80%
Columbia Graph, ..| 68%] 67%/ 68 67%
Crucible Steel . . .|215 4201%[216 201%
Cuban Cane Sugar .| 47%| 46 47%| 16%
e DA os} ik gaiel said 8
Cast Iron Pipe . .['2o%[ 20%[ 20%] 20%
Central Leainer . .| 95%| 9414) 93%/| 94%
Chile Copper . . . .| 18%| 18%] 18% 18%
Chandler Motor . .[llß [115%/118 {ll4
Columbia Gas . ..| 64 64 64 63 %
Corre-de-Pasco . ..| 65%| 66%/| 656%| 54%
Continental Can . .| 91%]| 91% )la 89
Endicott-Johnson ..[144 142& 14336 (1473
Delaware & Hudaon| 85 94 94%| 94
B .. .16 | RTINS
Baß tet . 4 ]il BB
Fisk Rubber. . . .| 41%| 41%/| 41%| 40%
Gen. Cigar Stores .| 72%| 71 72 69
General Electric . .] ....f ..o oeoe 172
General Motors . .[345%[335% 344 |333
Goodrich Rubber ..| 80 78% |BO 79
Grt. Northern pfd. .| 79%| 79%/| 79%| 79%
Grt. Northern Ore .| 38%| 38%| 38% 38
Great Western . .| ..:sf ss:o] 500 l 8
Gulf States Steel .| 70%| 68%| 70%| 69%
Greene-Cananea . .| «...| «ovs] «0..] 34
Titnats Conteal . . 1 ook vusel sasit SRR
Inspiravion Copper .| 60%| 4%% 50%| 48%
IRESTRRED . iv el o 8 R 4 %
Ind. Alcohol . . .|107%[1003[107%]100%
Int. Nickel . . . .| 22%/| 22%] 22%)| 22%
Interntl. Harvester .[129%|128 [129%/127
Interntl. Paper ..| 71 69 71 68%
Keystone Tire .. ..| 46 44| 46 45
K. _Springfield Tire.|l34 [132 |134 (128
U. S. Resumes
Heavy Trading
With Germany
WASHINGTON, Dec. 4.—SBince the
signing of the armistice the United States
and Great Britain have resumed heavy
trading with Germany, as shown In re
ports just made public by the department
of commerce.
Exports from the United States to Ger
many for the first ten months of the mu
totalled $52,420,095 and imports from r
many $4,914,787.
Great Britain, from the signing of the
armistice to October 1, exported to Ger
many goods valued at more thanp $30,000,-
000 and received imports from Germany
valued at $1,085,000. |
Of the total American exports to Gers
many $20,563,521 were exported in October.
Officials of the department of commerce
stated that, although Great Britain ep
parently has started off with & rusch in
the German trade, the United BStates Is
overhauling her rapidly.
Exports from the United Stares to Seuth
America amounted to $39,296,045 In Octo~
ber against $17,431,621 a year ago. Argon
tina received $13,874,154, or nearly three
times as much as in October, 1918. Brazil
at $12,279,000 received almost six times
a 8 mueh as a year ago, while Chile, at
'53,149,283, decreased by about $1,000,000,
| Imports from BSouth America to the
United States for October amounted to
($68,287,021, of which Argentina contrib
uted $23,773,398, Brazil $24,171,680 and
Chile $5,818,281,
| Europe with a total of $407393,358 re.
\calvod the largest amount of American ox.
ports in Octobar, according to ths reperts
classification by grand division. Tlmports
were greatest from Asia, totalling $118,.-
839,211 for the month.
' I WEATHER FORECAST. |
! Following 18 the weather forecast for
the cotton belt during the next twenty
four hours:
. North Carolina~Part cloudy tonight and
Friday, rising temperntures,
; Bouth Carolina—Part cloudy tonight and
Friday.
Georgla—Part cloudy tonight and Friday,
rising temparatures,
. Florlda—Falr tonight and Friday, rising
i(emrmrnlul’el in north,
| Alabama_ and Mississippl—Part cloudy
tonight and Friday, rising temperatures, *
Louisiana~Tonight and Friday part
cleudy to cloudy.
Arkansas—-Tonight and Friday unsettled
and warmer.
Oklahoma—Tonight and Friday unset
tled and warmer.
East 'x‘uu—'gonltht and Friday unset~
tled, scattered showers, warmer,
West Texas—Tonight and Friday part
cloudy to cloudy, warmer.
of it as they please, They are selling
it in the open market in London at a
premium of 15 to 20 per cent above
the coinage rate to purchasers who
have payments to make in the United
States and other countries with
whom exchange is at a premium over
the pound sterling. This action was
taken for the purpose of helping to
maintain the industry.
“We will get some additions to our
gold stock through these shipments
while the exchanges are in our favor,
but it will be very unwise policy to
use them as the basis for further
credit exparsions. Sooner or later
the exchanges will turn against us
¢nd gold will have to go out. If,
when that time comes, the foundation
must be taken out from undey a
fabric of credits there will be a dis
turbance of prices and of business
far more serious than will result
from holding expansion in check. It
must be kept in mind that this coun
try now has far more than its normal
share of the world's stock of gold,
and sooner or later economic condi
t§ons will bring about a redistribu
tion.”
\ STOCKS— |High |Low | Sale [Close
ix-.n. City Southern.| ....|] ....] ...»] 15%
'Kansas & Texas ..| ....| ....0 ....|] 9%
Lackawanna Steel .| 863/ 82 863 84
Kennecott .. .. ..| 29%]| 287%| 29| 28%
Lehigh Valley . . .| 43 43 43 42%
feouisv, & Nashv. .| ....] ....} ....]IOO
Maxwell Motors ..| 37 37 37 36%
Mo. Pacific (new) .| 25 24%) 25 24%
‘Mexican Petroleum.|2o3% [195% (203|195
l(l!‘ldle ~& soo u| S9NE T 493 13'7"12
0. B 00l ciat vl v o 10N
Miami d::pper .. o] 233%] 23140 23%| 2233
Midvale Steel . . .| 503%| 49%| 503%| 49%
Mationsl < ~Antt | ...o] cooa] creef 10
Nationa' MREE 20l snial oiacl cosel IR
North * AF i G e
N ¥ so} 70 69141 70 695
oY A & H..| 29%]| 28%]| 29 28%
Natto . Leed . . M2%| 82%%| 82% 82
WY 3 97 97 95 %
Northern Pacific. ' 813! 80%%| 80%) 814
Nev. Con. Copper .| 15%| 156%| 15%] 1435
N. Y. Airbrake . . .[110%[109 [11034}108
Okla. Pro. & Ry. . 9%| 9% 9% 98
Ohio Cities Gas . .| 50%| 48%| 650%| 47%
Pona O, L . . . i 1 2 21 21 21%
Punta Alegra Sugar| 92%/| 91 92%| 89%
Pennsylvania . . .| 41%/| 41%] 41% 411
Pierce-Arrow . . .| 813%]| 78| 81 Y 7
People’'s Gas , -« o] oooof oo ] 2c.o] 38
P. Steel Car . . .| 99%] 3715 99% 6%
Pittsburg Coai . . .| 61%] 61 61%| 61
Pullman Co. . . . .[115%!11475]115 11434
Pan-Am, Pete . . .[107%101%,107% 162
Pere Marguctte . ' el skl warsl DR
Pleres Ol ~. o F oves] conel anne 17"
Tiauv Consolidated .| 20%| 203 20=.1-201,,
Reading,. . . . . ! 765 TH | TR%| 5%
R. I & Steel . . .1109%1933|108%,103%
Rock Island . . . .| 2685] 253 | 26%| 2b%
Ry. Steel Springs .| 96 96 98 s
Royal Dutch (new)|[lo3l:| 89% 102;2 8513
Stromberg Carb, . .1 77%] 7é%] 76 75
Sears-Roebuek . o o] vu: | seoef +...|218%
Sloss-Sheffield . . .| T 434) Tl34] 74 £55 3
Southern Pacific ..| 95%] 94% ]95 0414
Southern Rallway .| t 3% 221.] 20%| 22%
1 do. MO ... | ! 08 69
Studebaker L. W 1110%108% 111014110814
AL AR P .. 13 NI AN S
RBipelair Ol . . . . 4'!l’.‘ 4614] 47'% 48',
Stutz Motors . . .[114%|114% 11415111035
Saxon Il‘dotori e o] 138 13%6] 13% }'4”’2
fwirt & Co. .. . 00l ! ‘ ||.551/.
do. ptd. ... .| 36%| 3n%| 28MI ..
Toh. Produete , . .| 87 81%| B§6l 8014
Toenn. Copper . . , i l iy e ' S 1094
Texas Ofl . . . . .|295 [2Bl (204 I:i‘b
Texas Pacific . . .| 4214] 42 l 421 41
United Fruit . . .|208%2001%|2¢0% 200
Uulon Pacific 'S 124
1. Food Products TOW! 1T TOK| 8%
OB Rubher - ~ . |22h4’,|’:‘h42!’v\. 122
U. 8 Stesl . . . 0420 z 12N
0. Retall Stores L 3 X 8 z«vw. K,
Utah Copper . . 3% Tl%4¢} ~':‘fi| 1%
Va.-C. Chemical ~ .] 65 643, 65 6214
Wabash pfd. A . .| 24%/| 24%| 24%| 24%
Western Union . .| 89 88151.89 Sain
Willys-Overland . .| 30%]| 29%] 30 29%
Saatwerth « . . il disll i aRe
Westinghouse . . .| 63%| 652%/| 53 52
White Motors . . .| 67 653%| 66%| 65
Wilson Packing Co.| 79 6% |79 15 %
W'thington P, & M.| ....| ....| ....| 85%
BONDS.
U. 8. Lib, 3%s . .[99.78]99.70i99.70/99.70
do. Ist 45 . . .|93.98 ’3.0R|93.9R|93‘80
do. 2d 48 . . .|92.20 11.60|92.209!.7!i
do. 34 4% . ] eo) ..4.01.00
do. 18t 4%s . .!2.70.2.20‘92.700 .10
de. 24 4%s . .194.40]94.28194.40/94.02
do. 4th 4%a , .|92.80(92.30/92.80/92.26
do, Bth 4%s . .[99.20/99.20(09 20|96.00
de. sth 3%5. .!199.02190.00199.02/99.98
| Roads’ October |
Net Profits ‘
1
$1,000,000
|
Rallroads under federal control made a |
net profit of $11,000,000 in October, al
though estimated figures showed only $2,-
000,000, the railroad administration an
nounces in a preliminary report.
This ",’OOO.OOO discrepancy, the admin
istration explained, was due to the rein
statement of per diem charges on freight
cars and the coal strike which caused
coal traffic to be held in transit, and
earnings from these sources ,will be in
cluded in the November totals.
The net operating income for the month
was about $86,000,000, but due to the
causes mentioned in the ulpor|.. the in
come amounted to only $77,000,000. Op
eratin expenses were abnormally large be
cause of the extraordinary shifting of
open top equipment in order to furnish
the maximum number of coal cars, and to
large expenditures for maintenance of
equipment which was in need of repair on
account of the strikes of shopmen.
¥or the ten months of this year the
railroads have shown a net loss of $269 -
768,158, but since July net gains have been
reported,
. Freight and passenger traffic showed an
llncramu.- over October, 1818,
(Ceorrected by Harry Cohen—U, 8, Admin
istrator License -27360,)
Nitrate of 50aa.......100 lbs. 2,85 2.90
PULULrOS ..ieosecsnsnves * 3.86 2.90
BAINGS cosciicinvans 5O 6.26
tSulphat ammonia, spot .. * 500 5o
BRIPMONL ~o:000 coose * 5,00 e b
Dried blood. Naw York., * 17.256
West high gran fin rd,, * 7.50
P O B Chizsgo ~....0. * 7.0
Tankage-—
F. 0. B. New York.... * 17.00 zmoo
¥.O B Chicagn ~.... * 100 10.00
Bulphur, Commercial-—
CArlotd .ivovsvesnnseies * 180 1.90
BABS :coosvescensecsees * 3,10 2.20
Barels ........geeveeee ¥ 200 2.20
PHOSPHATES.
Bteamed hone, ton, 3-50 p. c. 44.00
Acid phosphates.. .....ton 17.50 cee
Ground bone, raw...... " §4.00
Phosphate rock ......... " Nominal
Florida high gudo sm»-
phate rock,. ¥, O, 8.... * Nominal
POTASH.
Double Manure Salt—
uo-a'u p. ¢ basis 80 p. o
tDelivered bags, New Yoria
NEW YORK, Dec. 4—After an ir
regular opening today the stock mar
ket developed strength with some is
sues making upturng of from frac
tions to nearly 3 points.
Steel common after yielding to
102 1-4 quickly recovered to 103. Cru
cible Steel from 201 3-4 rose to
202 1-2 and Republic Steel rose nearly
a point to 104 3-4.
Pierce-Arrow advanced to 2 3-4 to
72 3-4. General Motors rose 2 1-2 to
335 3-4; White Motors 1 1-2 to 66 1-2;
Marine Common one point to 47 3-4;
Atlantic Gulf 1 point to 173; Pan-
American Petroleum 1 5-8 to 103 3-4;
Mexican Petroleum 1 point to 196;
Texag Company 1 1-2 to 286 1-2 and
Royal Dutch to 100 1-2.
Union Pacific dropped 1 1-8 to 123
while the other rails gained frac
tionally.
In the late forenoon many Issues
were strong, while several specialties
displayed weakness. Bethlehem Steel
B. rose nearly 4 points to 92 3-4;
Steel common, to 103 3-8; Crucible,
L 0 205; Pierce-Arrow, to 89 3-4; Ma
rine preferred, to 105 1-2; Marine
common, to 48 3-4. American Hide
‘and Leather preferred dropped ©§
points to 119. The oil and copper
shares were quite and fractionally
higher.
| Most of the leading issues closed at
practically the best of the day. Cru
cible Steol advanced 13 points to 215;
Stee: common, 2 points, to a closing
iof 104 3-8; Industrial Aleohol to
107 1-2; General Motors, 11 points,
to 344 3-8; Pierce-Arrow, 3 1-2, to
80 1-2 The coppers and rails were
qpiet. Marine common was finally
49 1-8; Southern Pacific, 95 1-8; Utah
Copper, 17%; Studebaker, 110 1-8;
United States Rubber, 123 7-8, and
Tobacco Products, 86 1-2. .
The stock market closed strong;
government bonds unchanged; rail
way and other bonds strong.
el b A
FINANCIAL BUREAU ON STOCKS.
NEW YORK, Dec. 4.—Attention is called
Ito the indifference of the market to dis
guieting news devédlopments, Speculators,
however, are inclined to give heed to re
perts that a further ligquidation must be
accomplished, It is claimed in some cir
cles that the stock market will improve
with easier monetary conditions. A large
amount of money was left unloaned yester
day, although offerings were made below
6 per cent rate. It is asserted by friends
of petroleum stocks that in some cases
they have been quoted materially below
actual prices at which large transactions
have been made. It still is rumored that
another payment is seon to be made on
Marine preferred on acceunt e¢f accumu
lated dlyidends.
FINANCIAL NEWS.
A leading stock market authority says:
“My information is that Gulf States Steel,
selling about seventy, is in for a substan
tial advance. Three years ago the stock
sold at 196, The story I get is that there
is likely to be a 20 point rise quick and
that a hig Western steel comYuny will
take over Gulf States Steel. It looks like
a safe, good buy at present figures."
s . 9
In a letter to stockholders under date
Noveniber 29 the Boone Oil Company re
ports as of ember 1 total capital as-
P sets $7,685,4656 and total liabilities $3,119,-
000 of the total capital assets $6,480,4656 is
‘represented by lands, royalties, leases and
stocks of subsidiary companies at market
prices and $1,105,000 represents bills re
celvable, The report estimates net earn- |
ings for year ending November 11, 1919,
on basis of current receipts and expenses
at $187,000. During the coming year the
letter states production wil' be increased
by drilling and increased storage facilities
in Clairbourne Parish, La., where the lease
of the company and subsidiaries comprise
a holaing of 2,500 acres. Driling is to be
continued also in the Bull Bayou district, |
where & well has recently been brought in.
It is suggested as possible that drilling on |
the company's Columbian firoporly of 70,4
000 acres will be undertaken as soon as,
transportation facilities become avallable, i
Strength and actlyity in Endicott-John
son is largely due to persistent active In
vestment absorption based on enormous
earnings and with rumers of a higher divie
dend rate, to say nothing of the efficiency |
maintained due to the profit ‘:lan of thc|‘
runllmnf'. It is reported lha‘t e company |
in the latter part of the curent year has
been rejecting orders, it being stated that |
there is a demand of 30 per cent above
production capacity. The company has |
branched out into retall stores and profits |
are understood to have been large from
this source,
STOCK MARKET OPINIONS,
Clark, Childs & Co.: “The stock market
is not ready for a resumption of general
bullish operations. Technical conditions
affecting the market itself suggest better
things momentarily, but with qualifying
reservation that for more than a day or
two it Is impossible to lay a safe specula
tive course, On any strength coppers seem
a safe sale; oil stocks appear to have sus
tained their liquidation, Mexican Issues
are not attractive.” \
.o 0 ) {
F. B. Kerr & Co,: "“While wLbonc
the severity of lllumn|on has en Ac
complished, we still believe it inadvisable
to buy except moderately, carefully select
ing issues for turns.’”
«. e "
Chandler Bros: “More than seventy-five
I. W. W. men have covertly appeared In
Tonapah during the past month and are
secretly spreading their polsonous influ
ence. England greatly needs silver to re
plenish the India reserve. China re«gflnl
several million ounces of silver to stabilize
her money value, The outlook for con
tinued urgent demand for silver seems un
questioned.”
Livingston: “There is still a very large
short interest In mu‘ke‘ and the question
{8 whether the nows will be such a nature
a 8 to force covering, All eyes on Wuhlilg
ton. We dvise a waiting attitude at the
moment."”
g et
CHICAGO LIVE STOCK.
(By U, 8. Bareaa of Markets.)
CHICAGO, Dee. 4.~—Receipts 53,000;
market fairly active, 20@25 lower. Bulk
13.76@14.20; top 14.26; huvyvolfih! 13,75
@14.20; medium weight 13.85@14.25;
lightweight 13.76@14.20; light pigs 13.50
@14.00; heavy packing sows, smooth 13.10
@13.60; packing sows, rough 13.50@13,00;
pigs 13.00@13.75. :
Cattie: Receipts 15,000; market steady
to 26 higher,
Beef steers, cholce and prime lldl?
20.76; medium and good 10.76@18.26;
good and cholce lightweights 13.65@
20.26; common and medium 'l.“?ll.“.
Puteher cattel: Helfers 6.50@165.00; cows
6.40@13.66; bulls 6.76@11.26,
Canners and cutters: Canner steers
5.76@17.76; venl calves (light and handy.
weight) 16.60@17.60; feeder steers 7.008
12.60; stocker steers 6. 00@10.76; stocker
cows and heifers 6.00@7.76; stoeker
calves T.75@11.26.
Western range cattle: Beef steers 10.76
@14.76; cows and heifers 12.50@14.75.
Bheep: Receipts 22,000; market stead
to 26 lower; lambs 584 pounds dowrfi
14.50@16.650; culls and cemmon 10.00
14.25; yearling wethers 11.25@14.75; ewes
7.76@9.50; ewes, culls and common 4.25@
7.06; breeding oewes T7.00@11.26; feeder
lambs 12.00@ 14.50.
CHICAGO CASH GRAIN,
CHICAGO, Dee, 4.—Cash: Corn, No. 3
white, 1.43; No. 4 white, 1.301.405’; No, 8
yellow, 1.47@1.48; No. 4 yellow, 1.41@1.44,
Onts, No 1 white, llQlH": No. 2 white
801 M 41%; No. 3 white, 7% @19%; No. 4
white, 76%.
METAL MARKET.
NEW YORK, Dee, 4.~Metal prices: Cop
per firm; spot and December offered ll‘x
}'unlefl.ry' February and March, 18% of
ered.
Lead firm. BBpot and December, ln
.oo.'sm; January, February, March, 6.
| Lp Iter steady. lg:t and December,
\g.zoi.s.ao; January, February and March,
KOs ol \
, BULLISH CARD IN WALL ST.'
i e i e R
By BROADAN WALL.
NEW YORK, Dec. 4—Foreign exchanges collapsed yesterday to new
records so low that for the first time they become a bullish argument on
the stock market. The result was good buying of stocks throughout the
list with material net gains showing in every department and with the
final prices about the best of the day in many issues. A short interest of
importance exists in speculative issues and investment issues are being
bought freely under the influence of cheap money for renewals yesterday
were 6 per cnt and money was offered at § 1-2 late in the day. This is the
lowest money rate since the panic of November 12, when it went to 30 per
cent. December cotton sold at 40 ¢cents a pound. This is the highestt price
since the Civil War.
Sterling broke to 3.87% and francs,
to 10.32. Such figures have not been
seen in a century, and they are bull
ish on the stock market because
they mean that there is no present
Lhope of exporting commodities to
Europe from this country. There
fore, the warehouses that are gorged
with eommedities speculatively held
for foreign account must be cleaned
out. There is a home demand far in
excess of any possibility of being
satisfied by these warehoused goods
or by al! that can be manufactured.
But the release of all these goods will
tend to reduce prices and further
more it will reduce the rate of in
terest and cut down loans so that
the Federal Reserve Banks in all
parts of the country will be able to
make a better showing of reserves.
The bank reserves are too low now
‘to be comfortable, but with certainty
‘that they are to be improved money
‘will remain easy. The stock mar
ket has therefore only to look fer
ward to about three weeks of nerv
ouspess in the money market and
then the January 1 disbursements
will all be financed and there will
be funds enough for all the trading
the people want to do in the stock
market,
Reports that the Corn Products
Company may close down several
factories for lack of fuel did not
‘rmrtle the strect, for whatever bear
ishness there was in this was coun
}teracted by the bullishness in the
sweoets markel, There will be an
‘abundance of sugar in January and
February, but at such high prices
'that syrups manufactured by the
Corn Products Company will be in
‘urgent demand. In fact, the coal
strike itself nas lost its influence as
a market factor, for reports from
Pittsburg yesterday stated that tha
nmen were returning to work in sur
prisingly large numbers, contrary to
‘the wishes of the union officials.
‘They can do this bacause t)’e unions
‘are enjoined from calling 'a strike
'and can not discipline the men If they
violate the nation wide secret under
standing that seems to have been
entered into in regard to the matter.
There has been very good selling as
marine stocks the last few days.
President Wilson's recommendation
'that good roads be extended through
out the country had the effect of
putting Barrett up six peints most
‘of which it heid to the close. Aniline
'was also strong as a result of his
plead for aid for the chemical com
panies. His road talk was, of course,
largely instrumental in livin7 the
motor, road and oil stocks their up
ward movenients. Texas Oil was the
strongest of all the petroleum issues,
being one time 10% points above
Tuesday’'s close. Of this advance, 9
points wag held to the end of the day.
The report of the sscretary of the
treasury gave the bears a little com
fcrt because it conveyed the idea that
the government would not participate
in any movement to stabilize inter
ne tional exchanges.
While the railroad stocks did not
advanuce, the buying ip them was
sood. and etocks like Union Pacific,
Pernsylvania, Bt. Paul, Southern Pa
cific, New York Central and Greaty
Northern are being well taken on the
theory that the government program\
in connection with the return of the
rcads to private ownership will be a
very liberal one.
NEW YORK CURB STOCKS,
The market opened steady and closed
firm. Opening. Closing.
Aetna Exp. ..., 3%@ 9 Ex@ 9
A-Amn, Ol ... 30% @ 31% 30%@ 31%
Barnett Ofl ....... '6?3-16 K @3-16
Consol, Cop, .. 4%@® . %@ K%
Cosden 01l .... %@ 9% KD 9%
Housten 01l ...170 @175 170 @175
Ind, Pipe ..... 91 @ ¥ 1 @ 95
Inter. Pete .... 65 @ 648 57% 5814
L. Val. Coal .. 88 @ 90 £9 93
Magma ....... 30 @4O 30 gdo
Marconl ...... 6 @ 6% 6% 8%
Merrit Of! ~. 21 @ 22 21 @ 22
Midw.' 01l ...,. 1 @ 1% 1 @ 1%
Midwest Ref. ..159 @l6l 169 ‘@l62
N, Amn, Pulp . . !lfidg 3% 3! 3%
Ohio Ofl ... . .360 @366 864 368
Prairie Ol , , .676 @690 685 700
Subm'ne Boat . 15340 16% 16 817
8. O. New Y0rk.426 @430 437 442
8. O, N. Jersey.7o7 @712 710 @715
8. O, California. 293 @297 294 2”!
8. O. Indiana..74s6 @760 746 760
Union Tank . .124 @l2B 126 @l2B
Vietoria 01l . , I%@ 1% 1% 1%
Nipissing .. . . 12!/:@ HK‘ nt? 13
B. & Wyo, Oil 15-16@11-16 15-16@1 1-16
Glen Rock 01l . !z@ 1% SQ(D 388
1. O. & Trans. . 6%@ 6% 6@ 6%
Northweat 011,, 43 @ ¢8 41 @ 43
V. 8 St'ship, . 4%® ¢ onz 4
Sapulpa, .. .. 64X@ ¢ 8 6%
Car Light . . . 3l4@® 3 I%® 3
P, . - PN W 0 @ 2
MONEY AND EXCHANGE.,
NEW 70!(#. Dec, 4.Ca1l money on the
floor of the New York Stock Exchange to
day ruled at 6 per cent, High, 6 per cent;
low, 6 per cent. Time money was firm.
Rates: Sixty days, 7% rper cent; ninety
days, 7% per cent; four months, 7% per
cent; flve meonths, 7% per cent; six
meonths, 7'? per cent,
The morket for prime mercantile pn&nr
was steong. Call money in Leondon today
was 2% per eont,
~ Sterling ¢xchange waa steady with huai
n2s »in bansers’ bills at 5,89% for demand,
134 PEACHTREE ARCADE
Businesa A nnouncements : Commercial
Stationery : Club Announcements
Lozc or Emblem Cards
Webb & Vary Mw‘ Ine.
Prioters, Eagravers sud
SECURITIES SALES CO.
INVESTMENT SECURITIES
PHONE Direct wire so our New York Correspondent GRANT BLDG
1vv2200 Hayden, Stone & Com%:rz _ATLANTA
Members of New Y¢ 'k Stock ande.
CHICAGO, Dec. 4—Corn was 1-2
lower to 5-8 higher at the opening
todaq. Trade was limited and the
sirength shown after the immediate
start was due chiefly to the lack of
selling pressure.
Oats had a featureless start, with
opening prices unchanged to “1-4
lower. After the start there were of
ferings by a local professional. Trade
vas slow.
Provisions started steady to 10a
higher with limited offerings and
scattered buying.
Corn closed 1-8 of a cent lower to
1 7-8 cents higher.
- Oats closed 1-8 to 1-2 of a cent
higher,
Provisions closed irregular.
_(__}rnln quotations:
OEen 1 High l Low } Close |g;'::e
r;e:m ‘ 1.39%1 1 40!/' 3 33«(‘ 1.30%] 140
May | 1.33 ixiaw‘. 1.31% 12341& 1.33
Jan. 1.35%1 1.37%] 1.36 | 1.36%]| 1.3¢
July | 1.33 1.34 | 1.31%] 1.33%| 1.32%
Onts | ) :
Dec. 76% 17!4} %] T6%| 76%
May TB% T9%] 8% 79% 78 %,
July 76% 6% T 4% 7% 5%
Pork | |
Jan. [35.00 lss.zfi 135.00 ‘35‘25 25.15
May [34.00 [34.10 [33.85 [33.90 |34.05
Tard | |
Jan. Iz.\.ao ‘zuo lzx.so 23.55 [23.60
May [25.75 |23.80 }23.57 [23.60 [23.65
Ribs | | |
Jan. lluo lu.'o !u." {u.n 18.80
Mar ...l bl IR TNI
ST, LOUIS LIVE STOCK MARKET.
BST. LOUIS, Dec. 4.—~Cattle: Receipts,
7,000, Market, prospects lower. Native
beef steers, 16.60@16.25; yeagling beef
steers and heifers, 14.00@15.00; cows, 10.25
@11.50; stockers and feeders, 10.00@11.25;
calves, 14.5¢0@15.60; fair to prime yearling
heef steers, 9.00@14.00; beef cows and
heifers, 6.50@8.00; Southern. prime yearl
ing steers and” heifers, 6.50@8.00; canners,
5.50@6.50.
Hogs: Receipts, 18,500. Market, steady
to lower, Mixed and butchers, 13.90@14.45;
good, 14.35@14.45; rough, 11L.75@12.76;
lights, “3.9C@14.25; pigs, u.oogxs.oo;
bulk, 14.10@ 14.35.
Sheep: Receipts, 5,000, Market, steady.
Ewes, 5.00@8.256; canners and choppers,
5.00@6.00; lambs, 15.60@16.25.
. ————
Treat the Kidneys and Blood
When Treating the Liver and
Frequent Purgatives Will Be
Unnecessary.
Dr. Hitchcock’s Liver, Kidney &
Blood Powders Cleanse the
Liver, Regulate the Kidneys
and Thereby Purifying the
Blood. Keeps Your Tripod of
Health in Balance. :
A Vegetable Compound. Will
Not Make You Bick. Eat Any.
thing You Like, '
The Liver, Kidneys and Biood—the
Tripod of Health—do not function
independently, but if one becomes
disordered, they all three suffer,
Doctor Hitcheock's Liver, Kidney
and Blood Powders, a purely vege
table compound that will not make
you sick, will cleanse the liver, stim
ulate the kidneys to healthy action,
thus purifying the blood, and keeping
your Tripod of Health in balance,
When you treat the liver alone, you
only treat a third of your trouble.
When bilious, constipated, headachy,
feel blue and rheumatic, get a large
tin box of Doctor Hitcheock’s Liver,
Kidney and Blood Powders for 25
cents, take a level teaspoonful at
night and it will straighten you out
by morning. Guaranteed to please or
money refunded.—Adv.
Wall Board
Ak for free Desaiptiveßoc
o e th e
N he B lfe
ORNE DESK
& FIXTURE CO.
93 N, Pryer 8. FPhoene Ivy 1153
DESKS, CHAIRS,
FILING DEVICES,
Large Stock. Low Prices.