Newspaper Page Text
Cetton and Securities Hold Remarkably Strong Despite News of the Political Upheaval in Germany—Spots Here 41.40 Cents
'VEE’KS TRADE HERE GOOD,
" DESPITE STRIKE AND RAIN
anta bank clearings Saturday ... ... ... ....$10,644,160.65
:
OSR WIS JOAD .. . .. coiis caiii ve. vee see HEWTRTRON |
BIRORORNE v i s ke ey v BEEELUBERE
edWlmW”k RSN e s e o BRIV v ey Weie wem 11,045,982.10.
me dagl9lß Sl LL e O
- nta bank clearings for week ..... .. ..\.....566,671,029.82
jfme week last year ... ... .................. 49,458782186
B NS . ebkel e RTINS
* * -
EEUNIE WOOID . G e e ke ale BRINLOOO 00
BN WORR ADIIB. ... L il il e e $5.710.00R 88
Atlanta spot cotton Saturday ....... ... ... ... ..... 41.40 c
Jome dey s Week ... ... oL iR adlaeiess ALOOb
DRI N IORE YOI vy s e i e
BTN Y ADIB i o sy N s e nas i vB3 BbG
* * -
: Atlanta cotton statement Saturday: 1
E 1020. Last Week., 1919, 1918.
Rdoeipts .. .. ... 94 924 652 1575
Shipments .. .. .. 033 1,022 612 1,878
Btocks ... .. ....81879 32,688 25,263 53,664
& e
By VICTOR BARRON,
Both cotton and securities held remarkably steady Saturday in view of |
Ihe news of the overthrow of the German government. The cotton market
Iso had to contend with the news that a strike of longshoremen on coast- |
i wwewn Wise lines has been ordered. However, demand was suf-
E _sx,~'v's:-“;>'~'_«;'::v : ficient to prevent any material setback, despite rather!
F "\;‘;{% heuvy Se“ing‘
B *&Qq Futures at New York opened unchanged to 19 points
o SRR R ;
fi\%}\:’; higher, while the list at New Orleans was 1 point higher
| «}\g‘, to 29 points lower at the start. Following a small rally
'; .i:a"-"’.': @ from the opening range futures developed a reactibnary
B O o
’{\ tendency, with Wall Street, ring professionals and com
\,:\if’;{"{&\ mission houses selling freely. In addition to this, there
| “2‘5&“ was active realizing over the week-end by longs. De
g ?V<f g mand came from shorts and trade houses. May was in
M good demand from shorts owing to the belief that the
* bulls will put it up like they did March. The crowd
ks B that hoisted March to 40 cents Friday was credited with
‘** ¥ buying 25,000 Mays Friday. There were several sus
i taining factors, chiefly the bullish week-end statistics
fSI and expectations of a bullish censys report on con-
B B ¥ sumption, which will be issued Monday at the opening
O Sy’ % of the market. In addition to this, demand also was en
o v mmasea couraged by continped reports of increased demand for
he actual and pessimistic news regarding new crop developments. There
Iso was some buying based on news from the big dry goods houses of
increased business, with distribution of goods much heavier than a year age.
. CHICAGO, March 13.—The reported
{t:"erthrow of the Geman government
I#o a bearish offect on nearly all
grains at the opening today.
Locals pressed the selling side in
corn, with starting prices showing
"
a decline of 1-2 to 5-8 cent. Trgde
was moderate and mixed.
There was scattered local selling
and no buying support in oats, which
opened 1-4 to 3-8 cent lower. ‘
Provisions opened easier on scat
tered selling induced by the grain
weakness, and with a slow trade. |
____ CHICAGO GRAIN MARKET. ‘
| ‘l ' ‘n:oo Prev. |
| Open | High | L.ow |A. M. | Close
Corn '
Mar, Fh itk Dbl il i wwsl sany il 1 808
\(‘x; 1.47%| 1L47%| 1.47%/| 1.47%] 1L.48%
J 1.41%| L417%| 1.41%( 1.413%| 1.42%
Sept. 1.38%| 1.38%| 1.38 1.38 1.38%
May 82%| .82%| .82%| .82%| ~.83%
July % LT5%| .75%| .75l .T 5
May cmrcad vve vrelanisedl bk Sißo.ao
July SR val Mecu sl e sVI sxww s SLBIN
Yard ! -
May [21.70 [21.70 [21.70 [21.70 [21.72
July (2232 (2232 (3232 [e232 (22135
Ribs |
May 118.62 18.62 [18.62 [18.62 |[18.62
July 11910 [19.10 [19.10 {19.10- 19.19
FOREIGN EX(‘,HA.\'(;’./I!.
NEW YORK, March 13.—Friday’'s clos
ing rates of exchange on the principal for
eign markets were:
Sterling demand, 3.69; cables, 3.693%;
bankers’ 60 days, 3.65; 90 days, 3.64;
. France checks, 13.42; cables, 13.40; Bel
gium checks, 12.62; cables, 12.50; Ger
many checks, 1.41; cables, 1.41; Austria
checks, .43; -cables, .45; Holland checks,
f‘.: cables, 30%; Italy checks, 13.05;
ables, 18.03; Swiss checks, 5.90; cables,
6.88; Stockhelm kroner checks, 20.10; ca
bles, 20.10; Christiania kroner cables,
18.65; Copenhagen kroner checks, 17.10;
cables, 17.25; Canadian dollars, $8.87.
NEW YORK COFFEE MARKET.
Coffee quotatioys:
Closing.
JERURPY i s de e yN ey .. 14.33@14.35
P TebTusly <. oo oo o 4 sa se +:14.30014.35,
IAPEIE L irs e e wriSi 181NN
ABADEIL <. oo oo s 0 se se es 2 14.26@14.88
MBY i va iy v e et e B ERLERL
ITR A T R R «:14.52@14.58
R el e R o 14.63@14.65 |
AURUEE i oo seiiesl ab ¥ W 14.62@14.54
September .. .. < 14 00 os L 1440@14.42
October G UE eit e 1. DR 16. 40
NOVEMPEr .. .. ¢ oo o 0 oo +:14.39@014.40
EIREAIY ~ .. viivs e v, s 163001440
ST. LOUIS LIVE STOCK MARKET.
ST. LOUIS, March 13.—Cattle, receipts,
550. Market steady. Native beef steers,
*10.50@13.76; yearling beef steers and
heifers, lfl.(loqrtl::."(!; cows, 9.76@11.75; |
stockers and feeders, 10,00@11.50; cm\'es,l
15.50@17.00; canners, 4.75@¥%6.50.
Hogs, receipts, 3,600, Market steady.
Mixed and butchers, 15.56@16,00; good,
14.50@15.25; rough, 1L75@13.00; lights,
15.654016.00; pigs, 12.60@15.75; bulk, 15.66
@15.90.
Sheep, receipts, 300. Market steady,
Ewes, 12.75@14.00; canners and choppers,
$.50@9.00; lambs, 19.00@19.50. 4
THE WEATHER. |
WASHINGTON, March 13.--It will be
much colder in the Atlantic States, while
in the Ohio Valley, Tennessee and the
Kast Gulf States it will be much warmer
Sunday.
Torecast By States,
Georgia—Fair, colder tonight with frost
in west portion, also in east portion, if
weather clears; Sunday fair.
North Carelina—Generally fair tonight
and Sunday, colder toaight, with a cold
wave, except In extreme west portions;
Sunday fair and colder
South Carolina——Fair and much colder
tonight with a cold wave in interior, ex
cept in extreme northwest portion; Sun
ey fair.
iyfi‘lorldw—-v‘nw tonight, colder except in
4 rxtreme south portion; possibly light frost
in extreme north portion; Sunday fair
Extreme Northwest Florida—Fair to
night, possibly light frost in the interior,
Sunday fair; slightly warmer.
Alabama and Mississippi— Fair tonight,
, possiblye light frost in the interfor; Sun
day fair, warmer
Tennessee——Fair tonight, warmer in ex
treme west portion; Sunday fair, warmer
* Louisiana-—Fair; frost in Interior; Sun
dav fair and warmer
Arkansas and Oklahoma—Sunday fair
riging temperature,
Jinst Texas, North and South, Wast
Texas, North and South Fair and warmer
<unday
THE GEORGIAN'S MARKETS AND FINANCIAL NEWS
' At the lowest futures at New York
showed a net declin2 of 14 to 37
points, with October showing the
greatest decline, easing off to 31.58,
against Friday's high of 31.97, while
December reacted to 30.63 and Janu
ary to 30.18. March reacted to 39.85,
‘May 36.70 and July to 3¢ cents, the
‘la'tter being 35 points under Friday's
‘hxgh. Kasier technical conditions also
was responsiblé for the small re
action.
A similar recession occurred at New
Orleans. ‘
Final prices at New York were §
to 36 points lower than Friday’s, rest
ing levels, while futures at New Or
leans showed a net decline of' 13 to
52 points. ;
Atlanta spot cotton was officially
quoted 20 points lowar at 41.40 cents,
'whlle middling at New York and
'New Orleans was quuted unchanged
'at 41 cents. - %
Demand for spot cotton is reported
‘better, with best grades commanding
full quotations. J. B. Gordon, local
representative of the Latham-Brad
shaw Company, Friday bought 250
bales of good middling staple at
Athens, paying 42 1-2 cents a pound
for the lot. | /
© The statistical position of the mar
iket is growing stronger. BExports for
the week, as reported by Hester
totaled 223,000 bales, as compared
with 83,000 bales the same period a
vear ago—a gain of 140 090 bales. This
‘[hrouzht the total so far this season
up to 4,740,000 bales, or 1,647,000 baies
in excess of the same period the pre
vious season., s
. - *
BUSINESS WELL SUSTAINED.
That business conditions here dur
ing the week was remarkably well
sustained despite the strike of the
street car me nand inclement weath
'er. as well as the fact that this is
“hetween season period” in many
llines of trade, was evidenced in the
weekly statement of the Atlanta
!Clearing House Association, showing
|that clearings through member banks
of the assoclation aggregated $66,-
|671.029.82. or only $1,241,635.87 less
‘[ than the previous week.
~ However, the week's clearings
'showed a handsome increase of $17,-
' 929,247.66, as compared with the same
period a year ago and virtually $20,-
000,000 ahead of the corresponding
week two years ago.
e i
WEEKLY WEATHER FORECAST,
WASHINGTON, March 12.—The weather
purean today issued the following forecast
for next week:
South Atlantic and East Gulf States—
Generally fair weather indicated during
the week, with nearly normal tempera
t :
u{:':m valley and Tennessee—Nßome pPros
pect of rains Tuesday or We(ln«'srlny;
otherwise generally fair weather. henrly]
normal temperatures. S |
Upper Mississippi and Lower Missouri
Valleys—Some prospect of rain by Tuo&-l
day: generally fair weather gecond half
of the week., Nearly normal temperatures.
i
CHICAGO LIVE STOCK, ;
CHICAGO, March 13.—~Hogs: Receipts,
11,000; market, mostly steady: bulk, 14.50
@15.80; top, 16.00; heavy weight, 14.90@
15.25; medium welght, 14.75@16.00; light
weight, 165.40@16.00; light lights, 14.60@
15:60; smooth, 13.00@ 13.50; rough, 12.25@
12.85: pigs, 13.20@14.75.
Cattle~—-Receipts, 1,500; market, com=
pared with week ago, beef steers, 26 to 7be.
Jower; butcher cattle, steady to 50c, lower;
buils, 26 to ble. higher; veal cadves, 50 to
76¢. higher; feeders, mostly 26c. higher
Sheep—Receipts, 2,000; market, ,com
pared with week ago, wooled lambs, 26 to
40c. lower; fresh shorn lambs, steady;
‘yexunnn and sheep, steady to 2bc. lower.
BANK STATEMENT,
NEW YORK, March 13.—The weekly
bank statement follows: ‘
Average Statement: |
T,onng increase $15937,000; demand dee
posits increase $3,444,000; time deposits
increase $1,975,000; reserve incronse $7,~
684750,
Actunl Statement:
loans inerease $27,052,000; demand de
mand deposits increase $59,684,000; time
deposits increase $2.873,000; - resecve in
crease $26,341,360,
et
Columbia Graphophone
= Earns $3.7 a Share
| NEW YORK, March 13.—The Columbla
| Graphophone Company in it annual state
i ment for the year ended Decemher o 1
;HH!,, cshows net income after all charges
| and federal taxes of $3.624 202 equal after
| preferred dividends, to £3.32 a share on
the eutstanding 848 471 shares of common
| gtock of no par value,
NEW YORK, March 13.—The cot
ton market opened steady today, un
changed to 19 points higher, Wall
street was » seller on legs favorable
political news from Germany and on
belief that ratification of the peace
treaty would be further delayed be
cause of the proposed Lodge amend
ment,
Week end realizing caused a some
what easier tendency, after the start,
but pressure was not severe.
NEW YORK COTTON,
| | ! lLu!\ ‘ Prev,
—_|Open|High{ Low| Sale| Close | Close__
Mar, lxmorn.ss 39.85/39.85/39.75-80/39.99
May [37.00{37.10(36.76/36.90(36.90 36.95-05
July ‘34.41|34.45 31.00{34.02 34.02-06134.22-25
Oct. [32.00{32.00/31.58/31.58/31.59-60/31/956-97
Dec, 130.95]31.00‘30,63'30,65‘30.60-65)30.05‘.
Jan. [30.63/30.53 3\7.]8‘30‘18 30.15 [30.50-55
Closed steady ‘
e SEW ORTBANS COTTON: oics
1 | | ILM(! ! Prev.,
. |OnenHigh| Low| Sale| Close { Close
Mar, ’39.56‘3!.85!3'.42'39.42[39.42 39.65
May [37.35137.40(37.15/37.18[37.15 _ |37.15
July 134.40|34.67|34.34i34.38|34.37-38 34.68-71
Oct. 131.60{31,72/31.35/31.35(31.36-39{31.76-79
Dec. ‘30.70‘30.72530.55&30.56‘30.55 131,03
Jan, |30.45[30.45/30.13130,13/30.00-05/30.53
~ Closed barely steady.
‘ oo b I S
AMERICAN EXCHANGE.
Following were ruling prices on tha
American Cotton and Grain Exchange Inc.
lsa(urduy: 4
———— e
} ’ { | {Prev.,
Open|High|Low|(lose(Close
March .. ~ .. [40.00/40.00{39.80/39.90{40.00
May .. .. .. .. {37.02{37.10{36.74/36.92{37.03
July .. o .. L 134.41134.45{34.02 34.06|.’H.35
R R .]3100'32.00 31.61/31.61/32.00
Dea. oy sy {81.00{31.00 30.67[30.67‘31.00
SPOT COTTON.
Atlanta Commercial Exchange otes
basis good middling T;«k-
New York middling .....~.........41.00c
New Orleans middling (sales 676)...41.00¢
Savannah middling ................40.000
Liverpool good middling ...........30.66d
NOrfolic: DOAGHEE .. ... 00 00
Augusta middling ..................40.00¢
Houston middling .................41.00¢
Philadelphia middling .............41.26¢
Boston middling ..................41.00c
Charleston middiing ...............40.00¢
\Vilmlnflon middling ..............39.00¢
Memphis middling .................40.00¢
St. Louis middling .................40.00¢c
Montgomery middling ....,........39.25¢
Little Rock middling ..............40.00¢
OulveSton midaling .............:..42.260
DNEAR MIOGIRE: <o .o oviivars. shss AROB
MODS, MIBAHNE . .00 it o 30550
ie o A A
COTTON SEED OIL.
Cotfon seed oil quotations:
e | Opening. | Closing.
OBYCR v s oo 119.00@20.00i18.85010.10
APHL v vy e ve Joes i [15.00919.80
BERY o cve bR 20.10010.1111910&1!.82
WANe .. ~ Loies 20.10@20.50‘".90820.16
July .. .. .. .. [20.34@20.40{20.10@ 20.12
AUgust .. s 120.35020.60 20.10@20.40
September .. .. [20.40@20.67/20.10@20.33
October .. .. .. |18.50@19.50 18.25819.25
Closed weak; sales 15,200,
HESTER’'S COTTON STATEMENT,
Comparisons are to actual dates, not to
'rlgse of corresponding week (000 omit
ted):
Thousand bales
SN Nlt TOR WEEIE ... il iiies ) 168
do. same 7 days last year ........ 126
do. same 7 days year before .... 212
40, Xor. the olth . .ovsiiii aBY
do. same date last year ........ 214
do. same date year before ...... 334
l QO. Zop BSREOE- .Ll s i AR D 088
| do. sam edgte last year .....,.,... 2,992
| do. same date year before ..,.....10,074
Port receipts for gseason ......... 5,803
do. same date last year ........... 4,228
do. same date year before last .... 5,142
’Ovvrlnnd to mills and Canada
THP U 0 .. Bies i Pive, e 1S
do. same date last year ~.... 1,071
do, same date year before ...... 1,118
Southern mill takings for season.. 2,873
do. same date last vear ......... 3,027
do. same date year before .......,. 3,103
Interior stocks in excess of Aug. 1 332
R T T AR e G g i 665
| I ORE TR L e e TR
Foreign exports for week ........0.. 223
‘ do. same 7 days last year ...... 83
| do. same 7 days year before ..... 80
O ORI s v edhe e s RTR
‘ do. same date last year ........ 3,193
dO. same date last vear ........ 1,607
Statement of Spinners’ Takings of Ameri
| can Cotton Threughout the Werld.
(TR WO &oi f s vuntarioininnimes 262
' Same 7 days last year ............ 162
Same 7 days year before ......e.... 170
TOU KON ABE. X iey 1%
'Same daty lagt FORE . ici.ucivsape 5088
Same date year before ........... 8,298
Statement of World’s Visible Supply.
Total visible this week ............ 5,978
A 0 RRE: BRI .o iciiesniaanae BilEl
do. same dafe last year ........... 5,244
do. same date year bhefore ..... 4,567
Of this the gjotal American this week 4,456
do. laat week .......ievevivinse 4,662
Aoy IRNL JBRR Vi iiseanivviisaia 2089
a 0 I PUIRE .G il b e RN
G 0 YORY BETOFS . .o, iirssibinataa 2880
All other kinds this week ........ 1,622
do. last weekt ........vieenvinnses 1,009
GO JANL PORP i vienirvenrabn i HBBS
GD. FRAL DOROPS . iixiosvanih nsrie LiBBT
Visible in the U. 8. this wek ...... 2,367
do. this date last year ........... 2,605
Visible in other countries this week.. 3,611
do, this date last year .......... 2,639
ATLANTA COTTON SEED PRODUCTS.
Description— Price.
Crude ofl, basis prime (tank 10t5)..518.25
Cotton seed meal cakes ....(not quoted)
Cot. seed meal, 7 p. c. (100 ton lots) 66.50
Georgia, common r. p. (100 ton lots) 65.50
Clotton seed hulls, sacked (car lots) 17.00
Cotton geed hulls, loose (car lots).. 13.00
Linters, No. 1 (Joth) ... 5 aesvaennsi .10
Linters, No. 8 (lot#) ...........qh, 40'.:.‘
Linters, No. 8 (Jot#) ....... /cvesis 03
COTTON NOTES,
The amount of American cotton afloat
for Liverpool increased 27,000 bales this
week, and is now 326,000 bales, Cotton
afloat for the continent increased 17,1_'0"
bales, and is now 246,000 bales. This in
dication would seem to be therefore for
continued heavy European mill takings. |
- . .
New York wires: ““The resumption of
strike of coastwise longshoremen Is ex
pected Saturday or Monday. The strike
will affect 7,000 workers.
. . .
Washington wires: ‘“The census burean
will [ssue a report on the consumption of
cotton in February at 10 a. m. on Mon
day.”
- - .
Spot cotton at Southern markets Fri
day was unchanged to 60 points higher,
prices ranging between 40 and 43,06 cents
Sales at nine places totaled 14,000 bales
> . -
Thomson-MeKinnon & Co, say: “The re- |
cent activity in October I 8 the result of
concentrated buying and apparently of a
very confident character A resourceful
and successful long predicts some fancy
prices for this option. 8o far these buy
ers have all the advantage because 5o
long us spot cotton is worth the price, the
near months of the new crop are far too
low. What the ultimate result will be will,
of course, depend upoen the crop develop
ments, but in the meantime the longs have
the advantage on their sido’
- - .
| The Times-Picayune »n{yu' “Renewed
hopes for the final ratification of the
pence treaty played an important part in
‘ Friday's market, although fluctuations and
the weather were also important factors
Continued unsettied weather kéeps nalive
the fear that the crop wilk make a late
start, and that fact, with the gearcity of
( labor, will make for a more moderate
acreage than might otherwise he the cas
The principal feature of influence in Fris
| day's session was the large spinners’ tal
ings of cotton the past woeek--262.009
versus 162,000 jast year-—-making {otal thus
far thiz season 8,745,000, against 7,228 000
por 1,615,000 larger than to sven date, on
"voar ugo with prospects of the excess over
jast yeur increasing n the future. '
MANY COMPANIES CAN
PAY STOCK DIVIDENDS
The Crucible Steel Company is expected to be the first to declare a
large stock dividend to its shareholders now that the Supreme Court
has ruied that such distributions are not taxable as incame. The in
créase in the capital stock of the company was for the evpress purpose
of distributing a part of the large surplus earned during the war.
Now that this distribation can be m ade without putting a burden on the
stockholders some action should be taken shortly by the directors in
this respect.
Many other companics are in a po-+
sition to declare stock dividends
should they see fit, These companies
include not only industrial concerns
but the Standard Oil Companies and
some of the railroads. Whether or
not sueh declarations wili be made by
| the companies in a position to do so
is ploblematical and all depends on
the future gutlnok of the respective
companies'as to earninge and whether
or not directors would consider such
distributions as conservative,
The May Department Stores is ex
pected o inaugurate a series of stock
dividends aggregating 12 per cent
annualr. These will be paid in the
form of"a 3 per cent extra stock dis
tribution quarterly. The Chandler
ll\!otor Company and. Urated Fruit are
‘also reported to the planning sub
stantial stock distributions to their
‘shareholders.
' While U. 8. Steel hag a bhook value
‘that would make it possible to pay
a stock dividend of 100 per cent, no
'such dividend is expected because the
company i# too much in the public
‘P_V(‘. The power, however, is a great
constructive factor frcm the specula
tive point of view, becguse when an
other boom period comes the company
can hand out stock dividends. Such
dividends are of no value to the in- ‘
vestor because after he gets them he
has nothing more than before he got
them. To the speculator, however,
tney are bullish in a vull market and
bearish in a bear market. One im
portant market interest that was very {
bullish mr,ned bearish last Oectober
because stock dividends ceased m“
be bullish. The outfit sold and got
itself in a position so that when the |
crash :ame nobody connected with it
was hurt. Action of the market fol
lowing the first stock dividend to be
New York Stock Market l
-
~ Market closed steady. :
Stock sales, 493,300 shares
N e 7,720,800
Stock sales, week, 7,
" Bont 70,263,000.
Bond sales, week, S7O,
lwtfiev.‘
lose
RO 'IHQ"LI‘.O'_J_{SM%IQ‘:“
Eoe a 2 | 41% K|
L l 185/ 18%| 163/ 18
A E s "{:::::::......_. 8
. ARlc ; i ...A.......,.....
fim Beet Sug. i “%’ :g% l;g%
1% O 'F&:r'y.'..sus 137 %143 45?;:
Atn. Cot. Ol o swicharicha 413
' Am. Cot. ! . ii el
Am, Bl;no:;)tm 3 .. £ “ga gg‘% binl b
A . 31 |l3l 129
= R of. .|l3l {l3l e
A S bl s Byl
Am, el sy A i
‘Am, “ooleg.. blt 1 Y lg:" i
Am'GL":&mw i I§¥%tl§3“ 2!%* B
&, O : . | '
Am. H. &L. . |22 103": ;g;,’gim
Sl .lzsa ":3% 673|260
& oD, . . o 1
Am. gum. goos 66 L ee| 85% f;';%
T l 8.
* i i pegetdicaaadil s
fim Writ. Paper g sttt wiel viid 2322
Sy ™RTR o
lloy te . : ...-.A..n..v4.~.‘5’
,‘:luka Gold . <l vy g:* “
Anaconda . . L eanl senl i t
Atc)(x}so[n §ia .‘ )%6 89KJ |
A Lo, -"'”“""--i,:%l"
ax Rukler . 1198 117% )1 By
%an'; g 43| So%| 38 ":.E
n. -‘ :> . ...4..A....1.‘.v. 25
B Beies - LRV HELY |
h. tors : ¢ ‘
g::h. ;teel B ..‘ ;. el By ;g&
B‘ R- up! S : : edos s v alecsselonsn '“
Rutia s,‘"’;— 3. I'% "‘! 1&! 2615
o Fewror .. 20 ;g*‘ 3 l"%
Calif. s 00l R ME R
B el . . R '!”"“‘"33&% )
Can. Pacific & . so%| 90% |gl e
Chi. & Nor, . ;0180 51%‘3’%‘ 5%
O & mmk.l. . 188 38"" i 5
R 18l Ism i
el 8;,(?1' T 5 6{3&' 3w.l 24
0. T o 3 3 2
Chino Cop. ..vt 38 1 :'l‘;: t
Con. Gud. . G o ¢ '36% iy
Corn Prod. . v R ‘2s* iR
xCoca-Cola 'l . Iso loogdt e
(‘.ruc&glo fStee 5 g i e .
((v?xhnn Am. stlx.g. ’ uwlug “%{ :,‘i ;
eTt Pioe i St 19 4 i
Cast Iron Pipe sl BE Ri}f aBl 419
Central L. . . SIS h/!11"%nm%
Onandor Mo, *. |18155j147 9% Ides
r-hannl}:-r Mot. .PRPP ' B
(:l( .- P. ) . sdosopalsnnv i 5
(‘grre-flf‘l’u(‘o p !im%zs
Cont. Can . , . ioB l(l%i i
Cont. (‘,nnd‘.v . 48 '”" i
Del. & Hud. , l, “H“' ;:9(1 it t b
neie .0 i‘d 0t :5“ 2
T [106% 108 1108 0T
Endl(-?y;.lnhn. . l 37%: 37%: 3”‘] zn%
Fisk N p Y 2
Gen.” Clgar Sto. | sal Gakl 6ak) e
“. . : ; ‘r.v...~<..A.<..”‘n
Gon. Fice. . i 318 33114 320
fona, Ttun." ‘ R I}’%l 4941 811
Good. Rub. i 3 A 8411 82 {AI 1Y
L. Nor:. . pto. ~ "RRV.J oy A i
B e
(lranne-a. e .-'“ [9O
Gulf Bt. Bteel . - .]%’ pnl,‘! ?::? o 0
1. Central . A B! 5
Insp. Copper . ‘i_ : : o ”;”{ .
Interboro . A shicl dol 2;‘“ bt
Ind. Alcoho i { shel 121/..‘ :{ b
Int. Nickel . .”“ httutnd
Int. Harvester . .
“g
Securities Sales Company
.
Offering Bakeries Stock
According to an announcement by Berry
H. Collins, president of the Securities Sales
Company, the investment securities con
cern is offering stock in the Federal
Systemn of Bakeries of the South, Inc.,
$6500,000 8 per cent, cumulative, sinking
fund, first preferred stock and 5,000 shares
of common gtock, no par value, com
prises the issue put out by the bakeries
concern,
ATLANTA COTTON DIFFERENCES,
(Atlanta Official Grade Differences, U, S,
Government Standards.)
MIBAIDE THIP ... covvnsiviionsiosi 300 ON
Strict good middling . ..............2756 on
Bood MIAAIAE 7. .. vicvesaiiises 300 00
YSR ePR | T
Strict low middling ................300off
EoNe . BUGHMEE. i 7L v ciiaa s ainiansTßß O
Yellow Tinged.
Goo® MIABHTE .. vuvvi coisis vl visßßo off
Striet mlddlln# Sy &kP OTE
ellow Stained,
Good middling . &vl b i vk s DOO OFF
i JACKSONVILLE LIVE STOCK,
| Hogs—~Receipts, medium pl'n}l[m"!m
| steady., Choice heavy, 105.75@i4.20; good
| heavy, 13.76@14.00; rough heavy, 12.76%
{12.25¢ lghts, 12.75@15.90; gheavy pigs,
| 11.76@12.25; hght pigs, 10.60@ 12,00
|
| Cattle—Reecipte, light, progpects, steady
| Bteers, 7.00 g 11.00 bulls 800 R.OOO Veur
| lings, 5,008 7.50; COWH GOO 6 8,00 00l
Loatver, T.6o@ 11,00, canhers, 3.50 up Wil
Uiameon & Dennis, Mareh 12
declared this spring will give a cue
to the real nature of the present mar
ket, If stocks advance there will be
numerous other stock dividends im
mediately, If the pioneer declaration
breaks the market others will post-
Ppone similar action. .
© Following is a list. of industrial
companies that report a sufficiently
large surplus to warrant theé declara
tion of stock dividends:
| ' No. of Surplus
| Common _per
| Gnmkmny. Shares. Share.
‘ Amer. Car & Fdry........ 300,000 $lO4
American Locomotive ... 250000 91
American Linseed ....... 187,600 63
'Amcr. Sugar Refining ... 460,000 4
American Woolen ~...,. 200,000 98
American Brake Bhoe ... 46,000 211
American Tobacco .. ~.. 402,424 110
Baldwin Locomotive .... 200000 b 6
3 OW. Blies L a 0 98
Central Leather ......,.. 307,010 ki
Chandler Motor ......... 210,000 34
Crucible Steel ........... 250,000 168
Cuban-American Sugar ~ 99 995 168
B, L adu Pont ..., .o 00 HORGSE 123
General Electrie ........1,182,824 44
General Chemical ....... 165,192 103
Goodrich Rubber ......., 600,000 68
Goodyear Tire ' :.......... 207,676 160
International Paper ..... 200,000 85
International Harvester . 800,000 85
Lackawanna Steel ....., 351,085 90
Liggett & Myers ........ 214961 92
- MOrtts & 00./ 4. i i viese 35,000 1,760
Mexican Petroleum . ..... 3593424 41
National Enameling ..,.. 155,881 53
National Biscuit ~....... 202360 60
National Lead .......... 213,15% 78
New York Air Brake .... 100,000 60
Pittabutg Coal v,...v.000 831,602 74
Republic Tron & Steel ... 300,000 113
Railway Steel Springs ... 135,000 85
Bwitt £ Co. .............1,800,000 66
Scoville Manufacturing .. 50,000 367
Texas COmMpany ......... 850 000 70
U. B Rubber . ... i 1 X$60:000 116
B Bl R GRS 91
United Shoe Machinery.. 1,286,013 20
Xlnitell. FYUIt .o 0 . 00ve BRI 82
Virginia-C'ar. Chémical .. 279,844 87
“Wilson & Co. ........... 200,000 8
- xHas since issued 360,000 shares at par
($100) a share.
Low | Bale [Clees
Lo B e
INL. Papger . .ly 38%| 36%( 38Y% 1%0
BAy. Tie .. . . otz 121% 7
STE R T e B 17
Kan. & Tex. . 145 30 32 ::21/.
Kennecott . . . 73! 73 7 H
saen m
Lehigh Val. . . Jdolewl 19yl 1 108
et et et i
BT ol
%flnxwell Mot. . -‘;"’%l 2o | 29% ‘2%
Mo. Pac. (new) . . 1837118236183 36 4
Mex. Petroleum . . 3614 ::3“ 3: ne
. o s s 01
ol ped. ol | 35%! 36l 365 3t
Hiamt Oovoae 00l 882 §%| e
Ay c%.;g::' . arT] seml b 11
idvale t vt Eprl dav,
ga?.lonal l,onfiné; 9811 TR| A 8 ;'67%
National Enamel . 76%( 76 | 76% ey
N. Y. Central ® 365 | 34%| 36% 79
Bl ™ [TIAE T EAR T I
VTR i i
B o e 101 108
Nev. Con. Copper 104 {lO4
N . Aok r MM a
Okla. Pro. ‘é y" it | syl iswl 43
Ohio Cities Gas . i iy M &
Pennsylvania . . . 63%| 62%] 63% 75
Pierce-Arrow . . . 0 £0 80
Punta A. Sugar . . gsx 38%) 38% ¥
SRODAN SRR L LN reed ol 9
s
gl;::;)ur! Coal . , . 93| 9214 93 ;g%
Pan-Am. Pete. . . N
S G iny| 15| 184
RRecrioacd | 4] g g 1R
Repub 1. & Stesl .| 93%| 935 Il ra
ook taana °O% 1| SBk 3| dud) 5
Rocdn, pfd. "?" v | ogig! ifi‘ .7;‘6 ::z{
K R M)
B e 2 87%
-Sheffield 9 §Bl%] 68
::m\berig”s;rb, “ :1009& ;2‘4,",’2?,2 ;:}2
Sou. Pac i L aEaRY 81 F
ailway . . 87%| 87
s COs gl 834§ 14,103 8%
udebaker . . . X I 3
el irape. w 0 ] zxu‘ 3N N
Stnclai of ™ ¥ ] ‘3“'1;;%}143 139
r ALy
St Motor . ‘e ey el
Tet fou| Ihn! 68| iw
s- o i R T 7
Ton"produees || g 1 61 gll on
Rith, Goneer .. BRI ei)
Trant-Cont: ol | 1| 31 30870 oaih
dosasCont Ol v o 88l SN 2| a 0
Texas g:‘lfl."'.. § '42 40!(; 4 108
Texas RO '. o éfiiflo
Ti 1 _Frait . / 191 12
Union Pacific . . .[liik 2| ::3; ;:%
e R
oL (REANSNY
1. 8. Ruhber . . -' 9RT4| 988! D“ 1113
e i |ONE R
. pfd. . . . 78 &
vnit Retail Btores’| ;:%[ Tav! 2% ;:
Utah Copper . . . 7014] 70“’ ol
\}m-fin{. Chem. 87 gbl 22%" 8 "Q
bash ... . R | s
e g Al drul sou) a7l ;,&
Bt - (A 3 1| 121 08
Westinghouse . . " R 17%! Rl%| R 174) fi"l,‘
Worth, Pump . . .| 57%] 55%| 57%‘ 4
White Mom»; A |““L‘...
Wilson Pkg. Co. . . NDS
L LT L
U. 8 Liberty %s. 196.20/96.2 190,74
W (kBT e, (TR 4 5018954
| do. et de. . 189, ROi2D. 50189 60189, B 4
534 Sl . 1183 odink e%l
do. o 6 N 0 1190.94180.94180 . 213986
do. Ist 448, . ~'”"!':Rb.fl7:R'.Bo{ln 14
do. 204 due, . 90.10/80.10/90 1 197 .38
do. 4th 4s, ..."7","7‘4(»'91.40:0_5-,;‘_’
o Bib $4 4TI e
do. Gth 3%m. . ie i e i
Call Mom-y_-__g e
T x Ex, dividend,
NEW YORK SUGAR MARKET.
Sugar quotations: 7
Closing.
MOY . Ay e e e e TR TTRD
SNSRI N e ..m‘nzxo.lo
JUEY o 0 o 0 eeiienlan e b 12197081089
AUWNt o 05 anianns by e s JSBERSE, TH
Beptember .. ~ .. . .. ..16.65601080
ATUANTA COTTO NSKEED PRODUCTS,
Desgeription— Price,
Crude 011, hasis Frhm- (tank lots). . $15.00
‘otton seed meal cakes . ...(not quoted)
Cot. seed meal, 7 p. ¢. (100 ton lots 67.60
Georgin, common r. p, (100 ton lots) 66.60
Cotton seed hulls, Joose (car lots)., 13.00
Linters, Mo, 3 (Ot8) i . iiiiciiiis 0y
Lingars, oNo. % (1ot8) . ivivv i 05
Linters, No. 8 (l1of8) ..vv.ioviviseas 03
CITIES SERVICE QUOTATIONS,
(Quotatiens Furnished by Atlanta Office
| Henry L. Doherty Company.)
Bia. Ask,
1 Citles Service pfd, .......... To%® 71%
Clties Bervice Deb, Q" ..., . 100 gl(l:}%
‘('ithm Bervice Bankeérs' shares 404% 41
{ Cities Service common ~....591 @4Ol
I Empire Gas and Fuel pfd...,. 88 &
| Cities Berviee Deb. “D" ..., gwo
CHICAGO CAR LOTS,
CHICAGO, March 13.-~Fallowing are fe
| eeipts for today:
| Wheat cA NI REAO AN IS b e 9
!l'nrn, B EAN AN SR RSy 119
Onts LA IR RN et A sg A s W
Hog= s o P <>+ 11,000
MONEY AND EXCHANGE,
{ NEW YORK March 16 «-Sterling og
change wans epry, with business in bank
fers’ hills ot 4T for Jdemand
l NEW YORK, March 18.-There
were many mixed movements at the
opening of the stock market today
although the general price trend was
to higher levels,
The motor shares were the most
prominent issues, Chandler Motor
vielding 1-2 to 147 and then advanc
ing to 151 1-2. Gener*al Motors after
yielding 4 points to 318 had a quick
recovery to 324, Studebaker yielded
to 95 1-4, a loss of 5-8 but soon re
covered this loss,
| Steel common rose 1-4 to 98 7-8
and Baldwin Locomotive after yield
ing to 117 3-4 rose to 119. Crucible
was off two points at 22. Republic
Steel sold at 92 3-4 with a rally to
93 5-8.
Reading advanced 2 1.4 to 86 1-2,
Texas an 1 Pacific was ir demand ad
vancing 1 1-8 to 45 3-4, while gains
of 1 point were made 1 Southern Pa- ‘
cific and New Haven.
Mexican Petroleum rose 2 points
to 183 1-2. Pan-American Petroleum
dropped to 92 3-4 and then advanced
so 95 1-2. Texas Company was off 1
point at 198,
| | Bid |Ask,
Atlantic Steel (o, common..| 92 | 96
B 0 PO . ivisiinisvsineadd SRS
Augusta and Sav. Railway..] 92 | 9
Atl, Ice and Coal Corp. ....| 81 | 83
B BPERY Ll ial oL s
Atlanta Trust Company ....{llO {.....
A. & W. P. Rallroad .......[IBO {l6O |
Atlanta National Bank .....[3OO |3lO ‘
Bibbh Mfg. Co., Macon ......|2l¢ [.....
Citizens' and Southern Bank.[27s |.....|
Cent. Bank & Trust C0rp...[1565
Exposition Cotton Mills .....[4OO {450 |
Fulton National Bank ...... 146 |.....
Fourth National Bank ...... 378 [....«
Empire Cotton Ofl, common.j 821| 85
09, B . istitetssci T IRI
Bagle & Phenix Cotton Mille. (210 |.....
Ga. Ry. and Banking C0......[226 [232
Ga. Ry. and Blectric C0.....{105 [106%
do. § per oemt .is.....iv] T 4 76
Ga. Ry. and Power, Ist pfd.| 70 %
Qo I pld. .G A 8 46
80, CoMMBN iiiiivaviat 18 13 |
50\-(:1&"“1"81:“ Railroad ...... l:g 9%
ecurities es €O, ........
homb. ‘1
Atiantic Steel 68 ...........| 97%/108 ¢
Atlantic lce & ‘Coa) Corp. 6s.| 86 96 1%
Ga. R. R. & Banking Co. 4s.| 78 |B3
Cen. R. R. & Bank. Co. Col. |
Troast BE ..o ijnie ol e TG
ATLANTA PROVISION MARKET,
(Corrected by the Wlu)te Provision Com
any.
Cornfield hams, 13-12 average.....§ .34
Cornfield hams, 12-14 average .... .34
Cornfield skinned hams, 16-18 aver- ‘
BB ioo aks sassrniss Shuanisansar . pEE
Cornfield glcnsc hameg, 6-8 average. .22%
Cornfidld breakfast bacon, wide or
PO LUR Ay aal sek
Cornfield sliced bacon, 1-Ib. pack-
U 1) VORI i v 88
\g;ornr-‘ bacon, wide or narrow ... .32
rufield pork sausage, fresh link
‘ OF BRI van et ek s cvl el
Cornfield wieners, in 10-Ib, cartons. .22
Cornfield wieners, in 12-Ib. Kkits. ... 3.00
Cornfield bologna kausage, in 25-Ib,
BERSE (LiC ik ainats Se By AF
Cornfield smoked Ilnr sausage, in
SSO, Dol ot i 2R
Grandmother's lisd. tierce basis.... .26%
Country style 1 , tierce basis...... 28
1B s PIDB 4vii o usvovsasiianss B 9
D. 8. bellies, light average ........ .20
D. 8. helliea, medium average...... .20
Compound lard, tierce ba5i5....... .26
e e e
SUGAR REDUCED VOLUNTARILY,
Recent reduction of ' cent a pound in
price of refined sugar by the two leade
ing refining companies, American and Na.
tional, is not to be re'l!'nrded as an un
favorable indication. The reduction was
made voluntatrily, in view of the decline
in the price of raw sugars, and was not
foreed hy a fallifg off in demand for res
fined, which continues urgent. ‘
Present quotations for Cuban raw sug
ars ‘are about 11.41 cents cost and lrelsht.‘
duty paid, indicating a theoretical refin
ers’ margin of about 2.31 cents for these
two refiners, reckoning on their present
melling price of 14.00 cents less 2 per
cent, ‘
American and National, however, ate
credited with having made considerable
purchases of raw sugars ahead for future
delivery last year at prices considerably
below present quotations, and these sug
ars naturally temd to reduce the average
cost of their raws. Other refiners are
still quoting as high as -16.00 cents for
refined, j
WESTINGH'SE INSURES EMPLOYEES,
The Westinghouse BElectric and Manu
fm-mu. Company has announced an in
surante and savings plan which pro
vides an insurance poliey certificate ofr
SSOO for each employee who has heen in
service of the company six months or
longer. The savings provision gives em
ployes the privilega of depositing 2 per
cent or mofe of thelr earnln;t in a sav
ings fund, upon which they ‘will receive
4% per cent compound Intereat, and in
addition they will automatically have
their insurance Increased each year they
remain in gervice and continue their reg
‘ular deposits, TFor less than six years’
‘service policies will he for SI,OOO, and
SIOO will be added each year until $2,000
has been reached. This is the largest
policy provided,
The new plan invelves about $25,000000
insurance to cover 3500 policies ofr more
than 40,000 employees. The amount has
heen apportioned among weeveral instrance
| companies.
| GRAIN GOSSIP,
. By JOSEPH F. PRITCHARD,
| CHICAGO, Mareh 12, —Corn was undar
| pressure Friday. A great deal of corn
| was on sale, and buying was scattered,
| with bear sentiment holding the upper
| hand, Declines for the day were %o, for
JMnrvh and September; % to %e. for May,
‘and % to %e. for July. Cash corn was
“dull, sales amounting to only 5,000 bush
els, with prices le, higher to le. lower,
. a 0 B
! The claim was made by some that much
' of the pressure in the corn market eame
from sales by Knglish interests. It (s
known that Great Britain purchased 26, -
000,000 bhushels of corn in Argentina some
time ago, nnd that at least 15,000,000
bushels of thim lr:ln still is in Argentina,
. -
Two years ago Great Britain “hedged”’
enormous guantities of corn in the Chis
cago market againgt purchases In Argen
tinag. ‘The selling at that titme was heavy
and prokers acting for the English inter
ests did not gquibble ;xwr the price,
- .
Rye closed steady, Bariey was I%¢o.
lower,
. . .
Oats futures were unchangéd to %e. to
e, lower, Profit<taking sales were one
of the weéakening factors. (ash outs were
unchanged to '4e¢. lower, with salées of
20,000 bushels,
. . .
Hog products were under presgsure with
the selling scattered, Hontiment was
against any uylur? lr‘\ vilues, |
. \
Thomson-MceKinnon & Co, say: “Corn
truders who have beenh bullish for twa
weeks are Inclined to look for a reaction
to around 1.45 for May before there Iu!
any good on the buying side. They say
such a bieak would put the market in |
better shape, g 8 the buying =ide for the |
moment has grown a little stale. As for
the car situation, there is nn lmpl'n\,‘u-‘
ment, and none of consequence in axpected
by the traffic and car officlals of the
leading Wertern railroads What move- |
ment of consequence comes from now on |
muxt he mainly from interior elevators' i
NEW YORK BANK CLEARINGS,
NEW YORK, Mareh 13.--Cleéaring |vv-|lm.|
exchntgen Friday were S$XlB 3240 640
STOCKS STRONG DESPITE
BiG JUMP IN CALL MONEY
: ' By BROADAN WALL. 7
NEW YORK, March 13.—-The fact that large shipments of gold are
to arrive from lLondon in the near future Kept the stock market
steady Triday in spite of an, advance in the call rate of 15 per cent.
The bear party was at great pains to diseredit the report of gold im
port but the original report was verified agdin. Geld is coming : als
though the bankers refuse to name the exact date of its arrival. Moran
and Company as agents of the British government have already pur
chased great quantities of the Anglo-French bonds in the open m;m
Gold for redemption of the bonds is not needed until October but those
purchased must be paid for. Hence the gold. The gold now on its§
way is pursuing the usual route over which Great Britain send such
shipments to New Yf's}tl‘k, that is by way of Canada. Owing to the dan
ger of floating mines, treasure ships are convoyed to some extent and
the Canadian route i 8 more convenient as well as shorter. The spirit
of this gold is already in the stock market even though the actual
metal may not arrive for some days. 2 .
I Considering the faet that more:
than $1,000,000,000 of taxes must be
paid in New York City Monday a
renewal rate of 7 per cent with sur
plus loans at 15 per cent was con
sidered very fair in Wall Street ¥Fri
day. Millions of dollars have already
been sent to the tax vollectors in the
shape of certiffed checks and that
ihas tied up the money until the mall
18 sorted and the checks are cashed,
Stocks opened strong with Chan
dler, Great Northern Railroad, Read
ing and the petroleum stocks. most
active. * This strength continued un
til guotations of sterling exchange
were made public, These represents
ed a sharp decline from the previous
day and immediately the bear part_vi
got busy with denials of the _ gold
shipment report. Heavy selling ol"
stocks carried th markt down an
average of a point or more. An
other advance took place about noon
that practically duplicated the high
prices of the morning and in some
places improved them, This mid
day advance was due to the fact
that renewals were made at 7 per
cent. When money began moving
up, striking 8; then 9, 10, 12 and fin
ally 15 per cent the whole market
fell away rapidly.. The close was
irregular.
An issue that displayed great vi
tality was Reading. ~ The Reading
Company ‘is in the courts where an
attempt is being made to force 1t to
d‘hpose of its coal lands. The street
has been buying the stock on the
theory that segregation of the coal
and iron pragerties would be a bull
ish factor since the stocks given to
represent them would under the re
cent decision of the Supreme Court
not be taxable as income. But
those clogest to the Reading Com
pany are vuying the stock for the
reason that they think the Supreme
Court decision in the Steel Corpora
tion casy makes it certain that Read
ing will not segregate.
oil stocks were gtrong largely be
cause of the shortage of supplies as
made clear by the government's-an
nouncement that it would comman
deer fuel oil if necessary. Prices of
gasoline were also advanced. The
lowe priced stocks that recently gave
the market so much uneasiness by
their collapse were in good demand.‘
Bradstreet Reports
.
Increased Conservatism
NEW YORK; March 13s~~Bradstreet's
weckly trade review says.
“While business in wholesale lines con
tinues at a gdod pace, a progressive tens
dency to conservatism is reflected im the
week’'s trade advices, and this, with in
clement weather in many sectlons, has
had an influence in bringihg q‘houl a
quieter tone in retail @ trade. Purchas
ing for immediate needs is reported as
in general satisfactory, but theére s a
more pronounced disposition to Hmit com
nitments for the future. The main in
fluence in inducing caution in respect to
‘providln( for more distant regyirements
18 the feeling reflected in ulll,\‘ahgma from
‘ many quarters that prices have about
reached the top and readjustments in o
downward direction may be looked for In
the not distant future. ' |
“It is, of ?ur‘he to be recollected that
the present I 8 a betwern-geasons period,
when the spring has not yet opened and
When a quieting dowh of m,-uvl!';: in re
‘tall lines 1s naturally looked fors At tho
‘nme‘ time the distrigution of mln{ coni
‘modities for which the need fs fairly con
atant, such as dry goods, Bhoes, gro
! ceries, ete., continues active In most
places.
T “weelly bank clearings, §8,212,734,000."
“ CURB STOCKS, 5
The market opened amunwA
- i st e sAI oA O
STOCKS— Open. Close.
AVURR RE, v crsidvsesiiis iSRG BN
AWglo Amn, OH (..o 0. dvii. 27T @ 28
‘Uunaulldnte‘l Copper ...vivmiv %@ 6
Cosden Ol waiiiopnsecnniss ' S%G 9
HUNION O ... i ill gl!fl
Tadinaa PP OGO eo 97 100
INter, Pote.’ i, it 180 0P TL
| Lehigh Valley Coad . .....c0... 86, @ gl
IMUBIR. . . s Bisiecaipnisny B 8 0 BE
RATOONS i iv b b b'&% 5%
Mereitt Ol Loiicasissinssnses SO LN
}nn.lwm S e 1%2 2
Midwest Rol. ...i..,. veisini. 278 1756
North American Pu1p......... %4 6%
S 0 S o ieinis iit ahis vnn iBY 33%()
rivies DRL oia oty v B 0 SDRES
Submarine Boat ........,.... 164 @ 17%
B O, New YOre.|...ivsviiio, 88 ATS
8. O, New Jersey......& ..., . 798 804
8 O: Colifornis, .. .04 evsonsnv 340 @340
B O laadE . ... oninac I 8 BYID
Union TaAR . ...... c.ivie, 008 0183
Victorta Ol O vig ity NS A
Cons. ACIBOBB ...l ioiii s wz %
NIDIIBE ... ivs..issavunneiery 200 11
Boston & Wyoming Ofl. ...... 1% & 3-14
060 Rook OM .....%......... 3% @ 8%
lsland 011 & Transport. ...... 4@ 1%
U, 8 Bteamship «.......«.... 28§@ 2%
BOBUIDE . v iessaviscinangssanin, B 40 B
ORE SRERY ... i ek W S
BOOBD OH i ciiivcsrinarears S 4%
’HN\Z()I Tios ViR sy briers WD B
BB OPPOR voiisionoinnnesiasy Bl 40 B 8
Blk Bodin ..ooooeipsvreiesnis 1000 10K,
BRI . v viinriiisiineys BENED SE
UNBRIY e TR 1
DIRE O (o s iskagveny RS TSN
’hilllnn ML ivoi onaninas BN B
BILIDS PO . iivionnsvinas i 41%1 421
O, FroQutts ... cinnssnd 38 TBO Y
POOBS OH. .. vl icauniiein ol 4
WBlte. Ofl ..ivi i iiisananinire DG 30
SECURITIES SALES CO.
INVESTMENT SECURITIES
PHONE Direct wire so our New York Correspondent GRANT BLDG
V 2200 Hayden, Stone & Compan ATLANTA
~ Members of New York Stock Excg'anQe. ‘
\ We are fortunate i having good stocks of
nails of all sizes on hand, from which we can
make prompt shipments. Worite us for prices.
CAROLINA PORTLAND
CEMENT CO,,
’ ATLANTA, GA.
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Business was brisk on Produce Row
Saturday, with receipts light and demand
- active. Celery advanced 60 cents a erate,
to $4.50 to $5, and cabbage was marked s
up 60 cents to $6.50. Bell peppers are
extremely scarve, especially extra fanoy
stock, which is bringing as high as 387 °
per drum, with other grades ranging: be
" tween $4.50 and $5. Snap beans are
cieaning up rapidly at $5.50, Cauliffower
~also i 3 scarce and selling on arfival at
$5.850 per erate. Y
Strawberries are in light supply. Me-
Coullough Brothers reccived a fairly good
shipment fromn Florida, which seold rap
idly at from 75 to 80 cents ‘per quart.
The berries showed up in excellent gual
ity. Oranges are casier at $7 per bex.
The varlation in eggs narrowed down
some Saturday, with receipts continuing
heavy and demand active. Prices pn fresh
country receipts ranged between ‘gz and
45 cents,
Oysters were lowered 26 cents a gallon
on both stewsa and selects. ‘
Following are wholesuls prices te retaii
era:
POULTRY. BUTTER, NGGS, FISH, OYS
TERS
Batter.
Fresh country, per pound .... 1
Bees.
Fresh country, candled, dozen. . 42@ .45
Live Poultry,
Hens, per pound. .. ivcivisine .26
Turkey, per pound .......,... 42
Stags, per pound ... 000 38
Friovs, per ppund ..| iviviove B 2
Roosters, per pound .........s 25
,Puddle ducks, per pound ...... i;
Geese, per pound ~......¢..00 220
Guineas, oach .iiei i bivesin .40
Fish,
Byck Bhad, poutd ...........0 26
Roe Bhad, pound .... ... . isiis 2%
Snapper, per pound .. ....ib.o. 25
Pompanoes, per pound ....e... A 0
Mackerel, per pound ....v.4..4 b
Trout, DEP DIWRE &5, 0. .it .2& -
Bottom fish, per barrel ...... 12,5
Mullet, per barrel . ... ... ivve 26.00
Oysters,
Beélect, per gallon ........ccooo 250
Stews, per gallon ....... sy 2.5
FRUITS AND VEGETABLES,
Vegetables
String beans, per drum (scarce) 5.60
Tomuatoes, per crate, owing
O GUBMILY L%t ieesac BID R
Caulifiower, per crate (scarce). 3.60
Canadian turnips, per pound. .. .04
Lettuce, drum (Cal. Iceberg). . 4.00
Lettuce, drum, owing to quals
ity (Big Boston) ...........2.00@3.60
Cal. Jima beans, new crop, p. Ib. ¥
Black-eyed peas, new crop, per
POUBE .. i e ohaerenieks OREE (N
Celery, per crate, Pla. ........4.560@5.00
Bell peppers, per erate, owing .
0 QUANIEY ...k uniseis«iin B, 000800 "
Onion, yellow, per pound .... 07
Irish petatoes, 150 poundsy... 9. T
‘Cabbage, per crate ...........5.00@5.50" " °
Sweet potatoes, per pound.... 03%
| o 200
Oranges, per box, Florida .... 5
Strawberries, per quart ....... .752 g .
Grapefruit, per box ...........3.50@4.00
femons, per box, Cal. ... R 7.00 ;
Apples, fancy, owing to variety,
"s,ox y36oo|u -
Apples, fancy, owing to variety,
DAPIOL . L. s i iensennsnss s DN ENDS
Bananas, per pound . .......0. .06
Peanuts, (ancy, hand-picked,
PEE POUNA i .isorvrmbenints Ja4
. it A ol
N. 4. STANDARD OIL. L
NEW YORK, March 13-—The Standard
Oil Company of New Jersey applied to the
New York Stock Exchange for permission
to list $98,338,300 of ite common shares,
as well as a dike amount of 7 per cent
cumulative non-voting preefrred stock.
This is aceepted by Wall street as an in
dication that the dompany intends 1o
seek a broader market for its securities,
which are now limited to the curb mars
ket -
1t is also believed that the application
foreghadows an Intention on the part of
the company to recapitalize the shares of
subsidiaries with subsequent distribution
of surpluses. Such action is regarded as
a logical result of last Monday's Suprémv
Conrt deeiston exempting stock dividends -
from taxation as income s
STUDEBAKER PROFITS,
SOUTH BEND, Ind, March 18-—Net
profits of the Btudebaker Corporation for
1919 were $8,312,283, compared with $3.-~ .
845,104 in 1918, aeccording to the annhual
report. After preferred dividends theve
equivalent to 19 per cent an the $45,000.-
remained n balance from 1918 earnings
000 of common stock outstanding at the
end of the vear, against a balance of 10.4
on $30.600,000 in 1918,
NOTICE e
The annual meeting of the stock
holders of the Atlanta & West Point
Railroad Company will be held in'
Room No. 9 Atlanta Terminal ‘h.a
tion, (Atlanta, Ga., on Tuesday, April .
20th, 1920, at 12 o'¢lock noon. .
W. H. BRUCE, Secretary.
Safes and Vault Doors
[f—=memn Bank and fireproof, nowg
& und nsed. Agent foe Hall's,
o | | Vietor and Underwriter's .
I| | Tiling safes, Expert open. ©
i } ing und repulring. See i, |
Sob.Ld Atlanta Safe Co,
LR it B 1
by Atlanta Safe Co,
Q] $
v ™ 64 W, Mitchell St, y
Muain 4601,