Newspaper Page Text
Domestic Mills Use 1,108,319 Bales Cotton in Two Months, While Exports Total 1,569,991
g
COTTON CROP GETTING
LATEST START IN YEARS
Atlanta bank clearings Monday...... ... ... ...$14,140,805.83
O Bay 1008 JURE .., ... ..ccveiin & oo aravs TOIGLEEO.OO
BN .i e e Wi O DN
Bame day last week ... .., ... 0L Veiii eeise 13,245,078.40
BN BBy IDIB . L s N 8,726,621.63
Atlanta cotton statement Monday:
1920. Last Week. 1919. 1918.
Baceints .. .. .. .. 12 263 743
Shipments .. .. ... 501 399 449 456
Books .. .. .. ..32,080 32,542 24,814 53,941
Atlanta spot cotton Monday .. ...... ... ... o 0 vue. 41.66¢
IS AV INBE WK, .....il b e nar 41.25¢
RS Y INBE WORY .i\ s i vimeiihininy seee s has 27.96¢
RS BRY IWAE 500 i e e s ey el AR e b 34.30 c
¢ * - .
Despite the strike of doffers and spinning room emplayeel at Fall
River, numbering 3,000, and spreading of the longshoremen’s strike, the
cotton market showed pronounced strength during the afternoon session,
with shorts and trade houses heavy buyers. Favorable news with regard
to the peace treaty and vigorous rise in stocks was the chief incentives
for the upturn, which crrried March to 40.04 and May to 37.23--new high
mark. July rose to 3443 and October to 31.88. With the extepton of
March, the highest levels were trimmed just before the close on overnight
realizing, final prices at New York being 15 to 30 points higher.
Following the rise in futures Atlanta spot cotton was officially quoted
25 points higher at 4165 cents, basis good middling. Middling at New
York and New Orleans was quoted unchanged at 41 cents.
By VICTOE BARRON.
Lower Liverpool cables than due, probably due to the German revo
lution, together with easier technical conditions and uneasiness over the
foreign political situation, resulted in the cotton market opening easier
ey \ON day, with prices at New York 25+to 46 points undeyr
i Saturday's resting levels, Offerings by longs and ring
‘? professionals were rather heavy at the start, but trade
A,&g@g houses, spot firms and shorts were liberal buyers on
’;fd the scale down. However, before the end of the first
”}*fi»%fit half hour of trading the list exhibited a net decline of
P e, LWsto 68 points, with May reacting to 36.38, July 33.50,
o SR BE October 31.01 and December 30.14. At the lowest futlives
e TRI ot New Orleans displayed a net loss of 31 to 53 points,
":‘::-' f with March dipping to 39 cents, May 36.62, July 33.90
1, and October 30.90
.%“‘ é"-‘*’f:,rfl.{,:: The reaction came in the face of a bullish census
Fos %Mfii report on supply and distribution of cotton during the
month of February, which, however, found expression
;;;\‘ in the course of the market before the end of the first
7*"55 o A hour's trading. Trade houses and shorts increased i‘bhmr
"3 % buying orders and offerings tapered off, causing a’vig-
S orous rally from the lowest levels, with March climbing
iy v W 10 30.88 at New York, while May rose to 86.78, July
8298 and October 31.40. A similar rally occurred at New Orleans. In ad
dition to the bullish consumption figures, demand was encouraged by con
tinued strength of spots and further rains In the belt.
The census report showed that domestic mills’ consumed 616,594 bales
of cotton during February, as compared with 433,293 pbales the same period
a vear ago, an increase of £3.2990 bales. This was the largest I'ebruary
consumption of cotton in years and brought the total consumption for the
first two months of the current vear up to 1,108,319 bales, as compared with
990,016 bales the corresponding period = vear ago. :
Domestic cotton consumption excluding linters and domestic exports,
including linters, compare hy months in recent years as follows:
ifonn:::n::l.:n ] Kxnorts,
Month: 1980, 1919 1018, 1920, 1019, 19.18
ZOAMIRARY .. iirriiniies BRLTRE BBG.IRL 823047 090,671 658,113 462,062
¥Yebruary Sa 8i6.H04 433,205 810,084 160,320 44{!.5'{.‘ "‘39.7“
March ....... : 413,720 A 71.4143 : 504,230 311.681
e N 475,753 84, 125 : 111,916 217 802
May & xhn v Lid adhet .TS A18.R62 o 444718 202041
- eLR e mihea |YTR T Y tUCL . 831,985 273102
Bl ey R 509,703 541,457 R H2R.002 218 877
Angust i . iiia.. . Bospas 8iA914 s ATAMTE 287,400
Kentrmber” Sihsve aktid 491,311 AR0,062 Ca e 236,604 336,375
R e visese TEBINE 440,404 . 352,231 383,995
November . .....cOOO ik ADO 608 455,611 o 024,701 |MflO:
December ko Fian 511,585 4720401 . R 76,852 snu.u\l
Total ...........LIOR3IO/ BOTSI6B 6170748 1560001 6.403817 4,082,345
Sl e s STR i s exnorts
Whiskey for
New Elixir, Called Aspironal,
Medicated With Latest Scien
tific Remedies, Used and In
dorsed by European and Amer
icar. Army Surgeons to Cut
Short a Cold and Prevent Com
plications,
Every Druggist in U. S. Instruct
ed to Refund Price While You
Wait at Counter if Relief Does
Not Come Within Two Minutes,
DELIGHTFUL TASTE, IMMEDI
ATE RELIEF, QUICK WARM-UP
The sensation of the yea: in the
drug trade is Aspironai, the Two
nute cold and cough relieves, au
thuritative.y guaranteed oy the .sb
oratorios, tested, approved and m. st
enthusiastically endorsed by the
kighest authorities, and proclaimed
i/ the common peuple as ten times
13 quick and etfective as whisky,
tick and rye, or any other cold and
cough remedy they have ever tried
All drug stores are now supplied
with the wonderful new elixir, so all
you have to do to get rid of thai coll
is to step into the nearest drug store
hand the clerk half a doilar for a
bottle of Aspironal and tell him to
serve you two teaspoonsful with sou
teaspoonsful of waser In a glass
With your watch in your hand, eake
the drink at one swallow and call
tor yvour money back in two minutes
if you can not feel your cold fading
iway like a dream witain the tim:
iimit. Don’'t be bashful, for all drug
gists invite you and expect you to
iry it Evervbody's doing it.
When your cold or cough is re
lleved take the remainder of the
ottle home to your wife and bables
or Aspironal is by far the safest and
noke effective, Lhe easiest to take
rem#ly for infants and children.--
A art sement
THE GEORGIANS PAGE OF MARKETS AND FINANCIAL NEWS
LR TWROES SRR e e W
during February amounted to 640,-
320 bales, as compared with 449,
b 23 Dbales the same period a year
ago—a gain of 190-797 bales. he
month's outgo was considered ~
tremely gratifying in view of ‘the
demoralized foreign exchange market
during #hat month and the cables
from Great Britain that buyers on
that side would cease taking Ameri
can cotton until the exchange sit
uation corrected itself. The census
report showed that cotton exports to
Germany during February totaled
31,835 bales, and for seven months,
ended Fehruary 29, exports to Ger
man yamounted to 206,284 Dbales.
Exports for the first two months of
1920 totaled 1,669,991 bales, against
1.107666 bales the same period in
1919, This brought tetal exports for
the first seven months o fthe cur
rent season up to 4,429,391 bales, as
compared with 3,054,006 bales the
same period the previous season,
Consumption by domestic mills for
the seven months of the season to
taled 3.659.795 bales, as compared
with 3,386,859 bales the previous cor
responding period. With the season
five months to run, and sayving that
the averag monthly consumption in
that period amounts to 500,000 bales,
(probally much greater) theé sea
son's consumption of cotton by do
mestic mills will aggregate 6-159,795
bales,
Further reflecting the activity of
the cotton mills in this country, the
report-ghowed that active spindles in
February totaled 34 668643, as com
pared with 33282015 in the same
month a year ago.
With every india‘ion pointing te
much heavier exports from now on,
it is consefvative to est'mate that the
movement of cotton shoard during
the next five monthe (ineluding
March) will average ‘:bLout 700000
bales, which wuxl-l mean that the
season's exports would be swelled to
virtually 8,000,000 bales, Combing ex
ports with domestic corsumption it
means that when the 1919.20 season
officially epds—July 31 next--some
thing more than 14000000 bales will
have beea taken fro mthe South, or
practically 3,000,000 bales more than
the government estimated the 1919-20
cotton crop at 11,030.000 bales,
This. together witn prospects of
another meager cotton orop, gives
the market a decidedly bullish twist,
insofar as the statistical position is
('“"““Tfl"d
The new cotton ecrop is getting one
of thelatest starts in history, espe
cially east of the Mississippi River.
According to Locke Brown, formeriy
of Dalton, but who has moved here.
buving a handsome home in Spring
dale road. Mr. Brown spent the win=
tex in South Georgia-—Ashburn—and
sayvs that practically no land has been
broken for the new cotton crop, and
that farmers in that sectloy assert
that unless they can get tHeir seed
in the ground by the 20th all hope for
a crop will be shattered, as weevils
wlli plav havoc with it
“In addition to the weevil menace,
the South has to contend with a great
Imbor shartage, searcity of fertilizer
and ln-k of pgood seed” he said.
{
{
{
} NEW YORK, March 's.—-The cot
[ton market opened easy today at a
| decline of 20 to 57 points, influenced
|by weak cakties from Liverpool. At
I the start there was heavy liquidation
of cld long accounts and also active
selling by Liverpool but on a scale
irlnwr‘. the trade bought extensively.
1 One or two of the old bulls gave sup
port and later the list rallied 20 to
25 points,
i After reacting 25 to 58 points from
{Saturday's close, the market devel
oped strength during the late fore
noon on increased demand fl‘(']m spot
firms, trade houses and shorts, Prac
tically the entire decline was regained
with March rallying to 39.83; May,
36.78: July, 33.98, and October, 31.40.
Continued heavy buying by shorts
and trade houses, due principally to
the sharp advance in securities and
a more optimistic treaty news from
Washington, lifted the market
sharply higher during the afternoon,
iwnh March rising to 40.04 and May
’to 37.23, or new high marks. Oc
jtober rose to 31.88. Overnight profit
| taking checked the rise right at the
I close,
| At the close the market was steady
(at a net gain of 15 to 30 points.
| Spot gotton wag unchanged at 41
| cents,
— . "NEW YORK COTTON,
| ) ‘ |Last| ‘ Prev.
. |Open|High*Low| Sale| Close | (lose
IMm. [39.60(40.04(39.75/40.04/40.00 |39.75-80
i May [26.60177.2336.38137.05/37.09-12(26.90
July 133.60134.48]33.50/24 22”!4.204}.’!‘34 02+05
Oct. 131.13/31.88131.02/31.76/31.74-75(31.69-60
Dec, 130.16/30.96/30.14/20 Blffm 81 130.60-65
Jan, 129.75/30.41(20 76(30.41{30.45 130.15
I Closed steady -
|
! ok et
| NEW_ORLEANS COTTON.
| | | Last| li”rm
menmrl_hghr Low| Bale| Close | (Ylose
[ Mar, 39.00138.50170.001%9.50(40.00 |10.42
{May |36.70(37.39/36.61]37,25/37.09-12(37.15
July 134.00124.62(33.90134.35/34.20-23/34.37-38
JOct, 131.06/31.68/70.90/31.56/31.74-75/31.35-29
[ Dee, 130.32(20.86(30.22(30.70/30.81 130.566
‘l_:_ll ‘2’_.33!.’1(}_.’{2[2&!‘17130 3013045 130.04-05
| Closed steady. .
i LIVERPOOT, COTTON,
I LIVERPOOL, March 16 -Spots’opened
lin Limited demand. Prices easier Sales |
$4,000 bales,
' American middling fair, 23.04; good mid
;dlmm 30.04; fully middling, 29.04; mid
dling, 28.04: jow middling, 24.74; good
lur-|lnury 21.64; ordinary, 20.54.
Flg_turen opened easy
' | 12:00| [Prev.
it R |Open|P. M.|Close!("lose
March .. .. .. .. [26.12(25.93(26.10|26.42
B ohes o ad e I .. 126.29126.72
May .. .. .. .. |06.28]24,.88]24.9828.37
EJUBE - ovosr av fiidnolisy A 1960804 20
RISy e ?4.3“[..,,“24.1("'21.:(9
[August ' 10 00 12aleel sl %8 6912381
| September ~ .. .. cooliy.. 2809412310
| October es o 4 |22.37122.18128.34122 48
tNovember .. .. .. i?l.fifi!.u.,‘?! 84]22.03
FRscomber .. ~o b bl 48T 09
JOOURER L. oo .o [BI.BOOO . 0051828101, 36
| Februarpy'.. . " [21008]:0 0 21 02im 13
! i it Ll LSR S
{ oo i oot
AMERICAN ENCHANGE.
Following were ruling prices on the
Ameriean Cotton and Grain Exchange, Tuc.,
Monday :
! | | | |Prev..
N [{"ponllllghl Low [(Mlose|(lose
March .. .. .. |3.50140.04/39.50/40.00139 90
{May .. .. .. ..]26.38137.25]36.38]37.12{3¢.92
‘ July' vv 41 133.64134.44/3%,.54134.258(34.05
Ot i s e IBHABIRY. 0180 lO;.’H.ll 31.61
l Dec. .. .. .. ..130.10{30.95/30.10{30.8530.67
SPOT COTTON.
Atlanta Commercial Exchange anetes
[ baxls good middling | v R Soe
| New York middliing .} % P.... 4.42.000
| New Orleans middling (sales 102).,.41.00¢
| Savannan middiing s v R YT
| Liverpool good |ud(lllng valvorgeat O4d
! Norfolk nn-ldlu’ NN S b sbl vne s RIOD
| Augusta middling ...................40.000
HORMEY MIBAHNRE .. iiviisiiseectllo
‘ Philadelphia middling vrva by iil 80
‘Pnatnn MIGHUNE. i aoniadiior ey 8000
‘harleston middling ...............4000¢
Wilmington middling .........:..,.39.00¢
Memphis middiing .. ........0......40.00¢
Bt JOUIE INIGOURE v\ aovsis Connis .g.onc
Montgomery middling .......cc00.0.0920¢
Little, Rock middling .......c00....40.00¢
Galveston middling ......00000004..48.280
Dallas middling ... ovniieinns .43.06¢
Mobile, middling . it st iV e
| i SRR SRS L AR
| ATLANTA COTTON SEED PRODUCTS,
) Deseription—- Price.
| Crude oil, basis prime (tank xnm,.;\n.oo
Cotton seed meal cakes .. {not quoted)
Cot. seed meal, 7 p. ¢, (100 ton lots) 67.50
Geergia, common r. p. (100 ton lots) 66.50
Cotton seed hulls, sacked (car lots) 18.00
Cotton seed hulls, loogg (oar lots).. 13.00
Linters, No. 1 (lots) .7,.. 08
ll.lulrrn, 80. LOO 4. (oo ity 06
{ Linters, No. 3 (lots) vwass sl 03
| s s Ao
| COTTON SEED OIL,
i (Cotton seed oil quotations:
l Gty S N Opening, | Closing
| Mareh .. .. .. . [18.006019,00{18.60619.50
April .. .. 4. L J18.50819.2518.50@ 19.50
I““‘ v ose e N 0 80@19.65(10.75@10.70
RN o v ] 1900119 856 20,15
i July o 1200062020120, 18 @ 20.20
! August v 2 12000920 05120.70@20.45
| September Lo 120008 20.40120.25@20.60
i(\‘-xn\wr g _‘_lß 00@19.25/18.50@19.50
{ Closed steady: sales 17,000
E ATLANTA COTTON DIVFERENCES,
'(Afiun(- Official Grade Differences, U, S,
| Government Stanaards.)
| Middling fair Seriits 280 on
} Striet good middling . .......0.000 .. 276 ON
| Good middling Ass v e v vBRD ON
| Middling (fatssnssonnh Basis
| Striet low middling % v nvasss vane ottt
{ Low middling o Uaaas 700 ot
{ Yellow Tinged,
| Good middling bl vy 80 ot
Strict middling reaes 300 off
Yellow Stained,
; Good middling . sevena DOO off
| i el
! THE WEATHER,
| w \snx\n:’v‘n\' Mareh 18 1t will he
warmer tonight in the Atlantic States fall
| ing temperatures Tuesday in the lower
Ohio and lower Mississipp! Valleys
[ Foreenst by States:
Georgia—Partly cloudy tonight and Tues.
day: warmer tonight
I North Carolina-—Partly cloudy and
j warmer tonight and Tuesday
South Carolina Partly cloudy tonight and
Tuesday: warmer tonight; warmer Tues
day i\ east portion
I WMorida--Partly cloudy tonight and Tues
day warmer tonight. except on the east
const
Extreme Northwest Flarida-—Partly
cloudy tonight and Tuesday: warmer to
night in east portions: fresh to strong
!nnnll\-‘iam to south winds
Alahama—Partly cloudy tonight and
'T\u'~‘n“|\ warmer in the interior
| Mississippi—Partly ecloudy tonight and
[ Tuersday . colder Tuesday
! rennessee--Partly cloudy tonight. warm
er in east portion: Tuesday, probably fair
| colder in west and central portions
i Louisiana—Fair and warmer tonight
| Tuesday fair colder in north portion
| moderate south winds
| Lonisiana—<{"loudy; warmer
{ Arkansas, Oklahoma, East Texas and
| West Texas—Fair and warmer
! AN SN SN NSNINTNTN IAP St
{ “South Georgia can not make a fair
i gize crop of cotton this year, and 1
doubt whether any section in the belt
Y ean produce more than a meager out
{ turn.”
Mr. Brown said that he was de
cidedly bullish on cotton and pre
dicts that the staple will sell at a 0
cents a pound bhefore the new season
:is over. He especially is bullish on
new crop deliveries, as well as July
“option.
310,094 BALES OF COTTON
CONSUMED DURING FEBRUARY
WASHINGTON, March 15.—The census report for February, issied to- ]
day, shows the number of bales of cotton for 1920 and 1919, respectively: 1
Cotton, exclusive of linters, consumed during February total 516,694,
and 433,295, ;
. In cotton-growing states, 292,288 and 252,844, »-
Held in consuming establishments February 29, 1,873,889 and 1,557,654,
Held in public storage and at compresses, 3,503,929 and 4,537,4411.
Imported, 123,879 and 9,640, ; |
Exported, including linters, 840,320 and 449,523, ¥ ‘
Consumed during February, 26,320 and 8,704, |
Held in consuming establishments, 281,326 and 278,359, |
Held in public storagé and at compresses, 370,712 and 186,910,
Exported, 6,217 and 106. ‘
Number of spindles active during February, 344,668,643 and 33,282,015.
New York Stock Market
| -
- Market closed weak.
~ Stock sales, 1,026,100 shares.
- Bond sales $12,021,000.
|et o i "]T,;.’gli'rev.
BTOCKS— __ |High] Low | Sale|Close
oot - :
Allls-(‘halnzl’ers vk l 4.’%\ 41% | 4274 :8&
American m_
Amer. flhlr; &l(:onl]. ’ 265% ] 20%| 25% 2
Amar.A[rcutura...4..(,.‘.,..4.. 2
‘Amor, Beet Sugar l ”f, t‘lgz ::% =
American Can , . . 4;4 28 140 142%
‘xAmen Car Fdry. .(142 v | dsn
Amer, Cotton Oil .. i ”% o
LAmer, 19¢0. . ; . . 101% Sonel"oru | 851
Amer. Smelting 6 h;l_&ls‘ Sl ittt
Amer. Steel Furies f.)l,fi sy lis e
Amer, Sugar Ref, 131 %% ;"". 9972 9975
Amer, Tel. & Tel. . 39',6 AP L A
Anmer. Woolen . | '|L'olV,', i) sii] 3n
Amer, Linseed . . 4 84{. 55% 1854|1555
Atlantic G. &W. L 1567 /,;1 5% it d
Amer, 18, &L. . ’0%104 T
b honean T B T e
Amer. Tobacco . . |27 7 o 4
Amer. Sum. Tob, .| 97 9222 :Zi%l 65%?
Amer. Tob. Secur. .| 67 6 1
American I<~:}~‘<’},...,. 6%
Amer. Writ. Pap sfrps oole suny ’9 i
Amer, Int. Corp. .| 993% 97%'
Alloy Slaell‘ LWL a 4 440 44y 4::2
Alaska Golc Gl Te R
Anaconda ~ . . .| 59% g:;/: 8521: B.'-%
Atchison . . . . | 86 Al te
Atlantic f-;,ast Line 'qi/"fli,‘f, 7“' 4
Alsx Rubber , . i} 9 ‘2 ghis
Baldwin Lmjn, Miiktg l'.’:"a’l;);x 1%;&’137;‘;
Balti. & l‘\hlr; - .’h%‘ | 115
Booth Pishertes . . J..... ... . ...s
Sty LR T
xßosch ) agneto , . : 3 i 0
Beéth, Steel "B’ . . 9.’!%‘ ?éb ¥;|£ 15&3
Brook. Rapid Trans. Lfi% 2.6"‘ 3 sen
Butte .‘lupprmr £27 i ,6[ 911 t
Butte Cop. & Zine .|, ]’{9%[4o 3
al, Pete, .., 42 !hl 4 8%
Cal-" Packing . ... .| 8§ l%hzzu, itk
Canadian Pacific . 12314 A b 58%‘
Chesa. & flhbl‘o N ll 5% Al Al ooR
Chicape &N,W, .. g2l ol . |
Col, Fuel & Iron . . 40% 48 :(I‘% 23&‘
Chi., Mil '& Bt. P. | 41%4] 40 S9ic
do. pfd. E 8 sigt b s
Chino Copper ~ . .'I.'UA' .;k.:z] :;‘z "u|
Consolidated Gas . H?fi' ”V! 3 ““|
Corn Products . 93 4.| ”_K‘.I ';.5&: Ny
Coca-Colp .., .. . .”.:6 ..24”.‘2%)“0 |
C‘rucible Steel . . ~:-5:, “':;1‘ 4-s_’“ %
x(lol. Graf. agee 474 4~‘ ,“0
xCuban Am. Suvgar }..,.. caenalien
S ban Sugar *| 4?.14‘ u»,} 451,4 lHw
Cast Iron Pipe . , !, bt bt :
: gu. ntd; v o 451 :;l '! :',"l/l'!'.lé
Central T.eather . ‘ 7% y"s\‘l 17""‘1 174
| ("hile Copaey oL |lB 1“4. "52%-”‘9
L Chandler Motor . ."I.’\‘l’ = 59\9] -+
|~|-ulumhia Gan & . A 59,2‘- ‘";' 00l
Corre-de-Pasco . 4 5? §' ?'v," ."”“ 1o
lErw R T ‘ l;‘é( q:;.fl'j 3| o 4
‘ do, pfd. 1t . 5 _.?.']s:' "3101;' e
’Hmlimnn-.lnlm. & '122 f | Fiag ST%
xFisk Rubber .-, .{ 37 ]37 ' B‘4 ] 3 .
- Famous l"lu_vnrh.\ . l; z: i ; ";:i } &8
Freepart Tex Sud| 2 2 2 ot s
Gien, (Cigar Stores ! 19%:'?2%;‘62%‘43é
Gen, Electric » | .1_1‘24 l?';6 !“"k';";:n
Gen. Motors : .{,4'9 azo ‘l:l"“]".'z
Goodrich Ruhher [ 7.{l !! ;‘:}\* 2% 4]
Great Nor. pfd. . 3| 34 4] IR%I Sanl shw
(ireat Nor. Ore . . | 38 %! fi-“,?‘ ‘égv‘] ;W
Gulf States Steel .| “l"l é.'l 15‘;,
| Gast, W. &W. . [ls 8| 15%) B
Greene-C'ananea . ! el § <onsd 3
Thinols Central . . || dop e
Insp., Capper . . “ 65514 4 'OBIIZ! 92*&
Ind. Aleohol . . . rélfi’i‘;; et 118
Int. N’h‘kpl g .’H;:‘“ll?: 1;.7 2t
Int. Harvester ~ . |127 7 iT
Int. Paper by ot §:'6: {:Q"fl g§:l :2
xKeystone Tire . - .‘;,_N,»l .’;l)fi]‘;‘s NOB
xKelly-Spr. Tire . 'l-A 128 'lB * ”,,
RN Oy Bout . A4\ oF o
et W 2 sl Raaklh s¥Rs esk AQT o
‘Cabbage Jump
.
- SI.OO Crate; Eggs
| ln Heavy Supply
The local market was heavily sup
plied with eggs Monday; with whole
salers selling to the trade at from
|4O to 44 cents, strictly fresh country
receipts. One dealer said that he ex
pected the market to breag to 38
cents Tuesday. Swift quoted eggs at
{from 43 to 44 cents, McCullough Bros.,
iRvH Bros, and Green and Milam at
40 cents.
I Live hens and roosters eased orr 1
{cent a pound to 85 and 24 cents, re
| spectively.
| Cabbage jumped SI.OO per crate to
{56.00 to $6.56. and oragges advanced
25 cents per box to $7.00 to $7.50.
| Florida vegetables are extremely
scarce. One merchant said that not
more than a truckload arrived In
I Atlanta Monday morning.
} Following are wholesale prices to retyi!l
--| ers:
| POULTRY, BUTTER, EGGS, FISH, OYS
| TERS.
| Butter,
Fresh country, per pound . ... .35
Fegs.
| Fresh country, candled, dozen.. . 40@ .44
! Live Poaltry.
| Hens, per pound G 35
{TUPNNY, DOF DONBR: .0l vl 47
[ UEERE DO DO i asssinh .32
| Friers, per poungd E R A b 52
| Roosters, per pound bo v N 24
| Puddle ducks, per pound ...... 30
| Geese, per pound VD Vs s v 220 y
| Guineas each . A 0
| Fish, *
| Buck Shad, pound B R .30
| Roe Shad, pound Rais b n i
| Snapper, per pound ....ieiiees 25
: Pompanoes, per pound ......., 0
| Mackerel, per pound O 25
| Trout, per pound . N VAR .26
| Bottom fish, per barrel ...... 12.80
Mullet, per barrel g 26.00
| Oysters,
| Select, per gallon r RNy 2.50
| Stews, per gallon g A 2,285
| FRUITS AND VEGETABLES,
| Vegetables,
| String beans, per drum (scarce) 5.50
| Tomatoes, per crate, owing
to quality L3.00@4.50
| Cauliflower, per crate (scarce). 380
| Canadian turnips, per pound 04
Lettuce drum (Cal. Leeberg) 4.00
Cal. ima beans, new crop, p. 'h 39
Biack-eyved peßs, new crop, per
| pound b Sy a.a co. 09@ 09Y
Celery, per crate, Fla g 4.50@5.00
| Bell peppers, per crate, owing -
| to quality ¥ .. 4.00@6.00
| Onion, yellow, per pound L 07 %
| Irish potatoes. 150 pounds . 8. 50
Cabbage, per orate . ... 8.00@6 50
Sweet patatoes, per pound ..., N3y
| Dates, Cal., box Kohie & a 0 6.75
Pears, Netlis, Oal., DOx s . .cvavs 5.258
Figs. (Cal., ®ox 3.25
Fruits, -
Oranges, per, box, Florida ....7.00% 7.50
Strawherries, per quart ...... .T 5 80
Grapefruit, per hox viran 3500 6.00
Lemons, per box, (al 700
Apples. fancy, owing to variety,
| bheox 31.50®4.25
| Apples, faney, owing to variety
barrel . 5 ('H)fl!(\.flf'\
Bananas, per pound) 3 05
l Peanuts faney Pand-picked,
er pound & g SRR R 14
ettt ettt e et
||' Last |Prev.
STOCKS— High L_gw Elqlgose
Kansas & Texas . .| 9% S%TV 9% 9%
Kennecott . . . . .| 313%/| 30 31341 30
Lackawanna Steel . 7422 '”%i T 4 T 3
Lehigh Valley . ~ ‘47 W 74 47%| 47
Loft. Candy . . .| 19%| 19%| 19% 18%
Leg Tive i. . . ' 34%4 34% 34'{’,} 33%
AN e BEST e ARY s SN
Maxwell Motors . .| 3113| 30%| 313 29
Mo. Pac, (new) . .| 30 29%! 2914 | 20%%
Mex. ge(roleum . 0190 182151187 % *3
MR . i 35%' 35 | 35%] 36
AW ol 9014 92 90%
Middle States Oil . 37%' 358 | 37%/| 364
Wit Qopber .o uil iipnaisl e
Midvale sgpl o] 465 4614 4615) 463
Nitignal Oonduit .} ... 8. ] .=l 1%
National Enamel .| 77%| 77%! 77%| 8%
N. Y. Central . . .| 18%} 756%{ 76%]| 76%
N. Y., N. H. & H. .| 36%]| 35% ] 356%| 356%
National Lead . . .| 81 80| 801, 8014
[Norf. & Western ..| 98 98 98 97 19
Nor. Pacific . . . .| 84%/| 83| 831,] 83%
Nev. Can: Copper "l 2. ib s iwil vve bR4 W
NG PR e e
xOkla. Pro. & Ry. .| 53| 5| 153 51
' Ohio Cities Gas . .| 46 | 453 |46 | 4534
Pennsylvania . . .rd.'!% 43 | 43 ‘43
‘Pierce-Arrow be e ] 61%’ 6G416| 6314
Punta A. Sugar . .| w 2 | 80| 82 | 80
Peoplo' P 08e . . Jo Ty W
Pressed Steel Car .| 98 | 96 | 98 | 961
Pitteburl Cosl '.. a 8 58 e T
Pan-Am. Pete. . .| 97 f9,".u_, 96 | 93%
Pere Marquette . | 208 2915| 2985 20%
el Y - . WO, ....l\fl%
Ray Consolidated .| 1814 18 , 1813 18
Reading . . . . .| 88%| 8814| 87%| 878
Repub. 1. & Steel .} 96 94 | 95 \&4%
Rock Island . . . .| 39 \377/.1 381, |%s
‘ e BEG AT it ik il TR
Ry. Steel Springs .| 98%| 98%/( 983, | 98&
Royal Duteh (new) 102%, 993 1101% /100
Reara-Rosbuek ' - ovk oo 1210
Sloss-Sheffield . .| 7a%| 7214 73| 73%
Stromberg Carb. . .{ 7Tl%| 70 | 7T11%| 69
Sou. Pacific . . . .| 1011 99%11001:,' 99%
Sou. Railway . . .| 25!6) 24%| 24%] 25
do. pfd. . . . .| 68%/| 671a| 58%| 6T%
Studeb“er soigoeen 108 995;( 99 ‘96%
Shell. ans. . . .| 79%]| 791 7915| 79%
St. L. & San F, | I 24, 2414| 2415| 247
Sinclair Ol . . . .| 43%]| 425 | 431) 43
Stutz Motor , . , .{lsl lus ‘lsl |143
& bhov oabe i aralilnaal et 2%
PREE & 08 0 . 110118 1134 13
ao;, IBty ¢ .I-lfi% 45| 4514] 451
Saxon Motor . , .l 19 177%1 18%] 16%
Tob. Products . .| 70| 6815] 705! 68
Tenn. Copper . . ’ vt it ke IR S
Trans-Cont. Oil . .| 27%/| 27%| 27%!| 27%
‘Texas Oik . . . . .{21214[199% (212 (198
‘Texas Pacific . . } 3] 4115 43%] 41%
‘lfnlted F“IH 5% .’204 1993 12033, 1197
Union Pacific . . .{122%[1211%4]12213]121%
Uhiag OB v o] ::m‘.l 341,] 343%1 3414
Unit, Food Prod. .| 69 67 1.680 | 67
U. 8 Rubber . . .!109%[1051%/107% 1061
U. 8. Steel . . . .|loo%| 98% ! 99 {99
85 9N . ot et
| Unit, Retail Stores rnm 3% 76 L 7414
)l’tnh Cdpper . . -.[-72%| 72 | 72%|.-72%
Va.-Car. Chem. 4 .| Tl3%!| 70| 71| 70
IOVEREINN o7L R e bt s
do. pfd. “A" . .| 28%| 28%;] 28%| 28%
L Weasters Unlon - b o 0 s c iR
Willys-Overland . .| 25%| 25%] 26%| 25y
Woolworth . . . . ‘ Ci 1S
Weatinghouse . . .| 53 52%| 53 | 6214
White Motors . . .! 59%/| 568g] 591 56
Wilson Pkg. Co. . .| 76%| 74 | T6%]| 72%
‘ BONDS.
U. 8. Liberty 3ks, }‘6.00‘96.0019&00’,9& 06
do. Ist 45, . . .[90.66{90.56(90.66!90.50
do. 3¢ & . . .NB.SMSS.JRHR.!XHSJO
| do. 3d 4Y%s. . .9.’(.14’93.0803.!4!9.’}16
| do. 18t 4%5. . .{91.10{90.90/91.10(90.96
do. 24 445. . .[89.88/89.74/89.88!898.78
do. 4th 41is. . .190.10/00.08(90.10({90.12
do. sth 4%5. | .[97,46 97.34197.46/97.40
do. 6th 3%5. . .!97.46/97.36(97.46/97.40
Call Mopey . . . 1.9 9 9 |ls
x Ex. dividend.
Business Outl
usiness Outlook
Brighter, Says C
righter, Says Clews
Henry Clews and Company’'s weekly busi
ness and financial review follows, in part:
‘“Very much aere hopeful conditions
both in the speculative and investment
markets have been the order of the day
during the past week. Not only have
prices advanced and money become easier,
but there has been a bhetter attitude on
the part of*beth government authorities
and the publie generally. Business reports
from all over the country indicate that
the underlying commercial” and indus
trial situation is in most respects sound
and the natural response of the prices
of securitias with this change in the
outlook has been seen in a decided up
ward trend.
‘“While the domestic outlook has thus
been one of increasing and wholesale
optimism- the intermational situation has
been stagnant and unsatisfactory.
“Quite the outstanding feature of the
past week in the deftnestic field has heen
seen in the two decisions handed down
by the Supreme Court on March 8, in the
socalled stock dividend and Kansas City
Southern cases. Both decisions are long
and complex and only the substance of
them can be stated in brief form. The
stock dividend - decision holds that dis
tributions made by corporations in the
form of stock dividends are not income to
the recipient, and that they are conse
quently not taxable as income unless he
converts them into cash, and then pre
sumably only if they show prefits. The
result of this decision is mnot only to
encourage the distribution of vario@s divi
dends of this kind which have bLeen helds
hack because of the necessity of paying
an income tax on them, but it also opens
the way for the filing of 'nrge eirhus '
the recovery of income taxes illegally col
tected from contributors by the federal
governmnet.
“The amount of these refunds is various--
Iy estimated, but some figures place them
a 8 high a 8 $600.000,000 Preparations have
immediately been made by the internal
revenue buriau for receipt and considera
tion of claims for refunds under this de
cision. Although the finding of the court
in the Kansas City Southern case has
son in the stock dividend acse there would
seem to be good reason for the belief that
it is if anything more important than the
cempanion decision.”
NEW YORK PRODUCE MARRKET,
NEW “YORK, March @ 15.—Petroleum:
Firm; vrm‘» Pennsylvanin, 6.10
Tuarpente-—Easy; £.17%.
l{mlnj'vuk, common, 18.00,
Woo! irm; domestic fleece XX Ohio,
62@1.00;: domestic pullad scoured hasis,
70@01.70; domestic Texas scoured basis,
I.oo@ 1.75. .
'|ld9&'B)?ld_\'. native steers, 36@37 5
Coffee—~Kasy; options opened § lower;
Rio No, 7, on spot, 14%.
Rice—Bull; domestie, 04 @ls
Molasses—Steady ; New Orleans open ket
tle, 1.02&1.12;: black strap, in barrels, 26
Raw Sugar--Steady; centrifugals, 11.00
@11.29 ;
Refined Sugar—Bteady; fine granulated,!
14@15
Potatoes—Sßteady: nearhy white, s@,
Bermudas, T@l3; Southern sweets, of
fered, &
Beans—Dull; marrew choice, 11008
11.50; pea choice, 7.25®7.50; red kidney,
choice, 1450,
Dried Fruits—Firmer; apricots, chojice tay
fancy, 290@ 37: apples, »\-nrrntml prime t»
fancy, 14® 26% ; pranes, 30s to 60s, 15@ 23,
608 to 1008, 10 @l4, peaches, choice to
fancy, 204 25: nrdr“ raising, choice to
fancy, 21@® 204,
NEW YORK, March 15.—Pricés
were mixed at the opening of the
stock market today, with the majority
of the issues showing fractional de
clines.
Crucible Steel advanced 8 points to
249. Steel comman sold off 1-4 to
98 3-4, while Republic Steel at 94 1-4
and Baldwin Locomotive at 118 3-4,
both showed declines of 1-2 a point.
Texas (‘'ompany was the most ac
tive of the oil issues advancing 2
points to 200 1-2 while Mexican Pe
troleum yielded one point to 182 1-2.
American Woolen fell one point to
126 1-2 and then rallied sharply to
129 3-4. Industrial Alcohol rose one
point to 94. After the start a better
tone developed, many issues. recover
ing all of their early losses.
General Motors was 1 1-2 lower at
320 and tudebaker fell 1 1-4 to 97
Pierce Arrow dropped 1 5-8 to 61 3-4
and then recovered this loss.
Nearly all of the leading issues
suffered losses of from one to three
points in the final dealings. There
were a few strong exceptions.
The stock market closed weak;
government bonds unchanged; rail
way and other bonds steady.
.
Great Increase in
Demand for Goods
Marshall, Field & Co., in their weekly
review of the dry goods trade, say: i
“Current wholesale distribution of dry
goods has been greatly in excess of the
corresponding week a year ago, and of
any previous year.
“Orders from salesmen on the road, for
both immediate and future delivery, were
also far ahead.
‘“More customers were in the house than
during the same week last year,
“Collections are excellent.”
Barrett Co. Earns
.
$10.25 Share in 1919
NEW YORK, March 15.—Barrett Co.,
for the vear ended December 31, 1919, re
ports net profits after all charges and
federal taxes of $2,232,983, equal, after
preferred dividends, to $10.256 a share,
against $20.82 in 1918,
NEW YOFK CURB STOCKS,
The market opened irregular and closed
strong.
STOCKS— Open, Close.
Eetna Exp. ... 8 @ 8% S @ 8%
Ang. Am. Oil.. 27 @ 28 26 @ 27
Cons. Copper .. 4%, @ 5 4 @ 4%
Cosden Oil .... 8% @ 9 9 @ 9%
Houston 0i1....115 @125 116 @122
Ind. Pipe ..... 97 @IOO 95 @IOO
Inter. Pete. .... 37 @ 39
Leh. Val. Coal.. 86 @ 88
MOEmA L o 3 3 @ 38
Marconi ....... 6@ 6% %@ 5%
Merritt Of] .... 204 @ 214 21 @ 21y
Midwest Oil ... 1% @ 2 1@ 2
Midwest Ref. ..169 @172 172 @175
N.:Xm. Pulp . bl @ Hy 5 @ 5%
Ohlo Oil ....,.376 @385 375 @385
Prairie Oil ....695 @7lO 715 @730
Subarine 80at... 16, @ 18 17 @lB
N OUDR YL S ATy 465 @475
B OV INJeBOh aTE SRBO @ 880
8 Oo.Cal ./ ....340 @345 245 @ 350
S. O. Indiana . 845 @ 865 860 @BBO
Union Tank ..128 @133 1256 @135
United Motors . e L 40 @ 60
Vietoria Oil" .. I%@ 11§ 14.@ 11§
“‘ons. Arizona . % @ 8 %@ %
Nipissing ...... 10l @ 11 105 @ 11
Bos. & Wyo Oil 14@1 3-16 lig@l 3-16
Glen Rock Oil. 3% @ 3% IN@ 3%
Is. Oil & Trans. 4% @ 5 4% @ 5
U. 8. Steamship. 2% @ 3 3 @ 3%
SEPWIDE -o, B B A% @ 5%
Car Light .. 0y A 2%ep '.!Sz 2%@ 2%
Baane O V', 4 i @ 4 @ 4%
Pregoß .. 033 80 15 @ 18
Salt Creek . . . 60la@ 52 Sl4@ 52%
Bid. Ask.
ASDRRIL. . ivaendy Ve 30E 1D S
Bl BN s iinivdann IR TON
BIMMRG )i s vaas iy BTN el
WUBNANY - civiac v sisisins PIRD 18
OMBY DR bl siovaivasiav i B 0 5
PRIIMS Pote, . i iviiainesne 33600 4308
Tobatce Proauets . ..o e Ko 3l
BHdonp' ON ", .50 . iei v, 4 W %
CHICAGO PRODUCE MARKET,
CHICAGO, March, 15.—Butter: Receipts,
7.5665 tubs. Creamy extras, 6814; firsts,
63@67%; seconds. 52@56; standards, 68;
packing stocks, 34@39.
Eggs: Receipts, 13,400 cases; miscellan
eous, 41@42; held firsts, 35@4114; firsts,
421 ; checks, 35@37; dirties, 38.
Cheese: Twins: New. 28@ 281, daisies,
29@29% ; voung Americans, 30@301%; long
horns, 30@30%; brick, 27%.
Live poultry: Turkeys, 40: chickens, 39;
springs, 39; roosters, 25; stags, 33; geese,
22: ducks, 38. -
Potatoes: Receipts, 85 cars; Wisconsin,
5.26@5.35.
CITIES SERVICE QUOTATIONS,
(Quotations Furnished by Atlanta Office
Henry L. Deherty Cempany.)
Bid. Ask,
Cities Service pfd. .......... To%@ 71%
Cities Service Deb. “C" | LIOSB @IOB
Cities Service bankers' shares. 40, @ 41%
Cities Service Common .......390 @4OO
Empire Gas and Fuel pfd..... 88 @ 81
Citles Service Deb. “D"..... @IOO
NAVAL STORES.
SAVANNAH, March 15.—Spirits—
Market firm. Regulars, 2.12. Sales,
70.
Rosin—Market, steady: W.W.,
19.00; W.G., 19.00; N, 19.00; M, 19.00;
K, 18.75; 1. 18.45; H, 18.40: G, 18.35;
E, 18.35; D, 18.25; B, 17.00. Sales
none,
Receipts—Spirits and rtyin. 146.
Shipments—Spirist, 18; rosin. 75
Stocks—Spirits, 2,049; rosin, 26,380,
MONEY AND EXCHANGE.
NEW YORK, March 15.—Call mon
oy on the flood of the New York
Stock Exchange today ruled at 9 per
cent; high, 9 per cent; low 9 per
cent.
Time money was firm.
Rates were: Sixty days. 8 1-2@9
per cent; ninety days, 8 1-2@9 per
cent; four months, 8 1-2@9 per cent;
five months, 8 1-2@9 per cent; six
months, 8 1-2@9 per cent.
The market for prime mercantile
paper was strong.
("all money in London today was
3 1-2 ver cent.
Sterling exchange was easy, with
business in bankers’ bills at 3.65 for
demand, &
NEW YORK SUGAR MARKET.
Sugar quotations:
Closing
My o AR ST I T RRY. B
JURE 00y e e A wet iV NTRR Y 8
July R R S ]
August B v e e S L S
Bebtamber .. (. .. s v LI THIDIS RN
NOTICE.
TO WHOM IT MAY CONCERN®
This is to notify the public that I
have sold out my business known as
“COLONIAL CASH GROCERY CO"
located at number 189 (‘hapel street,
‘Atlanta. Georgia, to NATHAN KAR
LICK, who will continue to conduct
the business under the sama name at
the said sddress, and he will be re
sponsible for all obligations made by
him in said business from this date.
All accounts due the said business
shall be paid to the undersigned who
will receipt for the same. v
¢ Dated this March 9th, 1920+ ‘
A3H. HYTT.
Great Increase in Active Sp indles
FOUR BIG FACTORS PAVES
WAY FOR BOOM IN STOCKS
By BROADAN WALL. g
NEW YORK, March 15.—1 n the past week there have been four
distinct developments anyone of which would in normal times have been
sufficient to check the worst kind of a bear market and start prices up
ward. The combination has had the effect of exciting Wall street and
forcing wild covering of short contracts but many persons are still in
doubt as to whether the improvement will continue., ‘Even the most
pessimistic of the bear party must admit that the situation is vastly
improved. ™ e covering that has taken place has weakened the tec*'-
nical condition of the market but stocs are so low that most of them
are still selling at panic prices wnen one looks at their valuyes.
The four big developments in the order of their importance to the
stock market are:
First, the demand of the Senate for an exjlanation from the Fed
eral Reserve Board of the ususicus moeney rates that have beea charged
by the banks;
Second, reaffirmation by the Supreme Court of the old principles
that in valueing railroads the cost as of today must be taken and not
the original cost;
Third, the Supreme Court decision that stock dividends are not
taxable as income, and
Fourth, announcement that the British are to ship some $200,000,000
of gold to America in settlement of the Anglo-French bonds; some of
this gold to arrive in the very near future,
Announcement of these various
things caused excited moves in the
stock market from day ito day but
it is not believed by investment au
thorities that the general public has
begun to appreciate the importance
of what has tagen place in America.
For a generation the —ourts and the
politicians have been fightoing the
great corporations with the an
nounced intention of destroying them,
Now suddenly the corporalions are
alright. It is .the first time funla
mentals have been taken to the Su
preme Court since Roosevelt started
the fight. Property interests there
fore feel safe. Men can not go ahend
and work with the belief thit what
th>v earn will belong to them and
their children. Business ambition
which was hepressed is now released
again, and it is released at a time
when An. cica is the richest country
on earth not only in undeveloped
wealthy but in actual cash.
When the Supreme Court rendered
its dec'sion on the valuation of the
railroads it merely reaffirmed on oid
dictrine but it applied it to a situa
tion and it means that practically
every railroad in America will be
foupd to be under capitalized. There
is not a raiiroad in America that can
be reproduced for the stock and, bend
issues staading against it. Theref.re
great pcssibilities exist of stock divi
dends being declared to make the
outstanding securities square with the
values thev represent.
The stock dividend decision of the
Supreme Court makes a declaration
of such dividends by the railroads
»~.easy matter and confirms many
stoek dividends already declared.
Among the industrials there are cor
porations whose assets hayv> grown
out of proportion to the stock issues
and there will be declarations even
ing up these situations. The United
States may look forward to a per
fect orgy of stock dividends. The
Supreme Court is perfectly right in
saving these dividends have no value
in then ~'ves but they do have spec
ulative value for stock market pur
poses for the reason that their decla
ration will reduce the market price
of shares and it is well known that
the public will buy stocks more rapid
ly at a small number of dolla*s per
share een though the lower price may
be a higher price when the whole
property is taken into consideration.
It is one strange influence of the
stock market that noboldy has been
able to explain except on the theory
that most people who deal in stocks
never bother about tneir value.
The i+wportation .of gold to take
care of the Anglo-French bonds will
tend to relieve the money situation
because of the sentimental influence
of gold even if it is not allowed to
mingle with the other money of the
country. T -ere is much dispute over
the exact time and method of. ship
ping the gold to America but the
highest possible authorit’ gives re
assurance of its early arrival and
large volume,
ecent heavy rains coming on top
of country wide snowstorms will
mean floods and washouts on the
railroads with poor earnings for the
first quarter of the yvear but the ex
cessive moisture also means good
crops. Good crops are more to be
desired in America th's year than
good railroad earnings in the first
quarter,
New Stock Issued by
. .
The Georgia Savings
Bank and Trust Co.
Notice is hereby given that share
holders of Georgia Savings Bank &
Trust Company of Atlanta, Georgia,
have the right to subscribe for one
and one-half times the number of
shares of the new stock authotized
by a stockholders’ meeting held
March 1, 1920, as they shall own of
‘he existing stock, on Tuesday,
March 23, 1920, at noon, central time,
as shown by tH® books of said bank.
Satd new stock to be paid for at
$135.00 per share for stockholders or
their transferees, on or before 2
o'clock p. m., central time, Tuesday,
April 6, 1920, Notice must be given
to the bank in writing of the num
ber of shares each stockholder sub
scribes for of the new stock not later
than Tuesday, Mafch 23, 1920, at
noon.
This first day of March, 1920.
GEORGE M. BROWN, President.
By order of board of directors.
IISECURITIES SALES CO.
INVESTMENT SECURITIES
| PHONE Direct wire to our New York Correspondent GRANT BLDG
{ V 2200 Hayden, Stone & Compang' ATLANTA{
\ Members of New York Stock Exchande.
Il
lico
" 7 ~,,*fi“
CHICAGO, March 15.—Corn opened
steady to 1-2 cent lower, but recov
ered sharply on commission house
buying. Offerings soon, grew scarce.
There also was a quick recovery in
oats after an opening of 1-8 to 3-8
cent lower on buying by a local
broker.
Provisions were inactive in all
lines, starting lower in pork and lard.
There was scattered selling, induced
by the drop in hogs. ?-
Corn closed 3 to 4% cents higher,
Oats closed 13% to 114 cents higher,
Provisions closed lower.
| | | | | Prev,
& Open | High | Low | Close | Close
Corn | J | | |
MRy 00l ik i e L
Meay 1.483( 1.53 | 1.47%| 1,.’.2&’ 1.48
July : 141f|'| 1.46 | 1.415;1 1.45%| 1.41%
Sept 1.381 42 | 1.38%] %] 1.38%
. | ! 1 | 1 .!131..;]..,8.
May R 21.1 845 82| .8415] .82%
July | .75%| 27 | .16%| .76%| 5%
Sept. | .07%| .69 | .78 BBW|.:i.i
Pork | | ! | |
May 135.40 35.50 135.15 ]35.50 ]35.50
July [....)..[35:48 [35.16 136.25 [34.40
Lard | | | | ]
May 121.85 [21.67 [21.27 21.50 |[21.62
July {22.10 [22.10 {2197 |22.%6 |22.37
Ribs | | | | |
May [1£.42 [18.60 18.42 [18.55 [18.57
July [18.97 [19.07 [18.95 {19.02 |19.05
"R.\l\' MARKET OPINIONS,
BermWett & Co. *“No promise of in
crease in receipts and the natural tend- ¢
ency will he for farm deliveries to fall
off."’
- - .
Lamson Bros.: ‘(Corn meets substantial 8
selling on rallies Oats meet general sup
port on moderate declines’’
- - .
Ware & Leland: “Until thére is more
pressure on the market from -‘jarger re
ceipts we can see no advantage in Selling
on sharp rallies.” . 5
ek A oot s,
THOMSON-McKINNON ON GRAIN. }
CHICAGO, March 15.-—Foreign political
news, while distinetly disturbing and un
settling is of a sort that forecasts peace
ful! pursuits and mormal prndm‘hnz of
foodstuffs and commodities. World's ufider
production is the prime cause for prevail
ing high pries The immediate situation
in corn i 8 equivalent to underproduction,
viz_inadequate available supplies. Reserves
on farms will not make prices, reeeipts
must increase if values are to be lowered.
CHICAGO CAR LOTS.
CHICAGO, March 15.—Following are re
ceipts for today:
WREAE .. isivavvsimnnassasane e vigiee 5
COPR oo 4o bbb il va i saieiin & s i Y
OULE . .sasiviviveasnmseesianis vussnges 33 e
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CITIES SERVICE 'QUOTATIONS,
(Quetations Furnished by Atlauta Office
Henry L. Doherty Company.)
Bid Ask.
Cities Service pfd. ........... 70 @ 71
Ciities Service Deb. “C" ..,..‘1(\0%@10332
Clities Service Bankers' shares. 40 @ 41
Cities Service common .......388 @398
Empire Gas and Fuel pfd..... 88% @ 91%
Cities Service Deb. “D" ..... @IOO
Safes and Vault Doors
Bank and fireproof, new
'fe 8 and used. Agent for Hall’s,
!, / Victor and Underwriter's
“ Filing Safes., Hxpert open
é l; 1 ing and repairing. See us.
B |[l Atlanta Saie Co,
I &) prls [}
e 64 W. Mitchell St.
= 4 Main 4601,
§6“"°o
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| MENTL )3
RATIEN SITY BANK)
”‘/
‘BONDS
Long and Short Maturities
United States Gov't
Foreign Government
Municipalities .
Railroads :
Public Utilities
Industrials Vo
Also
Strong Industrial
Preferred Stocks
ThecNationalCity
ompany
Correspondent Offices in over
50 Cities,
Atlanta—l4o Peachtree St.
Telephone—7s4l Ivy.