Newspaper Page Text
SIX
COTTON AND
GRAIN.
AUGUSTA COTTON
Spots 23.63
Friday .... 23.69
Last Year. . 34.25
PRICES BY GRADE
Clou*
Middling fair J* *3
Strict good middling 38
Good middling 24.18
Strict middling « 24.00
Middling 23.63
Strict low middling 2*.63
I/»w middling
Strict good middling -Jjj 3
Good ordinary I**- 63
RECEIPTS AND SALES
nr- Spill- Ship- yr*»
celpt* Salra tier* ments r’pt*
Saturday 191* 212 216 1122 *O2
Receipt* from August lit, 1924
to November 22nd. 1924 136,329
Receipt* front August lat. 1923
to November 24th, 1923 129,647
Slock In Augusta November
22nd, 1924 C 2.-96
St'ek in Auguala November
24th, 1923 E6,j18
NEW ORLEANS MARKET
NEW ORLEANS. La -The market
Saturday uai faiily active and lifter
earing off during tho flrat hour owing
to lower rablea than due and to ln
creased crop opinion*, rallied In the
aecond hour, recovering all the early
loss and establishing net ft«ln« over
Friday's rloae of nine to 13 points,
moat of which waa retained to tha
rloae, which allowed a small net gain
tor the day.
At the start the market eared off
eleven points on all active months on
the disappointing cables and continued
to decline to 13 points down compared
with Friday's close While prices
reacted slightly near the end on real
ising the close waa steady, showing
net gains for the day of five to eight
points.
The early recession was due In
large part to Increasing crop Ideas
due to the government crop estimate
and ginning* report Issued Friday and
was also helped hy fears that a largo
volume of notices for Deccniltcr de
livery may he Issued.
The advance attracted more or less
trade buying and the firmer tone wns
also helped by reports of a more
urgent demand for spots In the In
terior and limited spot offerings
Exports for the day totalled 23,310
of which New Orleans cleared 20,-
611 bales.
NEW ORLEANS bPOTS.
NEW ORLEANS. I-a.-Spot cotton,
quiet; five point* up: Sale* on the
spot. none; to arrive, ion. Low mid
dling. 2> 45: middling. *3 90; Rood mid
dling 24.40. Receipt* 11.007; atock,
340,027.
NEW YORK COTTON
NEW YORK.—A further decline nf
15 to lit point* In the cotton market
early Saturday wm followed by rallle*
on trade buying and covering. Jan
uary contract* aold up from 23.72 to
23 98 sty! closed at 23.88. The. gefl
eral market elo»ed steady, net five
(mint* lower to 18 point* higher. J>e
oember wa» relatively eaey the en
tire day a* a result of liquidation In
advance of possible notice* on Mon
day and eloaed 09 point* under March,
compared with a difference of 84
points at the clo*o of the previous
dsv.
The market nprqcd steady at a de
cline of five to 18 point* under con
tinued selling which devednpod after
publication of the government erop
report and ginning figure* Friday
December meed off to 23 29 and
Jlarch to 24,05 In the flr»t few min
utes There wa* conatderabl# trade
Ijuvlng at the decline and ttie mar
iet firmed up during the forenoon on
gv-rlng
Offering* of Decemher were absorb
ed by trade buying against a*!** of
Intrr deliver!** at the wider dlffer
. noer, but the near-month llqtilda-
U..;i continued After Belling up to
*3 '2. December e*aed off again, cloa
l»ig at 23.411 Thla had rather an un
eettllpg effect on tne general tone of
the market.
Liverpool eloaed a very quiet mar
ket with price* lower under conti
nental and London selling, but with
trade calling In eufflclent volume to
give the market ft atradv undertone.
The amount of eotton on ship
board awaiting clearance at the end
of the week wa* estimated at 178.483
bales, against 117,77 S last J ear.
NEW YORK SPOTS.
NEW YORK —Spot cotton, quiet;
middling, 24 10.
LIVERPOOL MARKET
LIVERPOOL —Cotlog spot, qulat;
pi u es steady.
Strletly good middling 14 1*
flood middling 13 81
Strictly middling 13*1
Middling 13 41
Strictly low middling 13 1*
Low middling 12 *«
Strictly good ordinary 122*
■ Good ordinary 11.4 M
1 Sales 2,000 bales. 900 American.
Receipts 28.400. all American.
Futures eloaed quiet;
November 13 18
. March 13.23*
May 13 38
i July 13 29
October 12 71
COTTON MOVEMENT
Port Movement.
New Orleans: Middling. >3.98; r»-
Jetpta. 11.807; export*. *0.911: tales,
00; atock. 348.527
Galveston; Middling, >4 08; receipts,
1.278; sales, 700; stock. 815.113.
Mobile: Middling. 23 83; receipts, 1,-
|4B: sale*. 23: stork. 1* 077
Savannah; Mldßlng. >3 95; recatpt*
*.141; atock, 90,107
Savannah: Middling. >3 98; receipts,
S,>4l; stock. 90.107.
Charlenon: Receipt*. >,028; stock.
*0.978.
Wilmington; Middling, fl T 9; re
ceipt*. 1.141; stock. >0.3*8 e
Norfolk; Middling. 23 88: receipts,
8,958; sale*. 39; stock, 77.819.
Baltimore: Stock. 1.859.
New York: Middling. 24.10; export*.
899; stock, 20*^01
Boston: Middling, 24 IS; stock 1.-
•00
Houeton (portl: Receipt*. >900; ex
port*, 2,900.
Minor port*; Stork. 8,901
Total today: Receipt*. 4* 890; ex
port*. 88.819; sale*, 877. stock. 1.428.-
*44.
Total for we*k: Receipts, 48.890; ex
ports. >3 810.
■Tfwal for season • Receipts. 4.888 -
8419 export*, t. 778,881
Interior Movement,
Memphis: Mlddllnr. 88 78: receipts.
8.508; shlnmsnt*. *.185; sale*. 2.000
atock. 147.284
Augusta: Mlddllnr 28*8: receipts
I 818: »htnm*nt*. 1,839; sales, *l>
atock, *2,79*.
St Louts- Mlddllnr. 24 0* rerelot*
6.801; shipment*. 4,949: stock. 4.122.
Houston: Middling. 28 90; receipt*
84.708;’ shipments. fl'«71; 'sales. 7.540,
stock. 602.738
Little Rock: Middling *9*s: rs.
celnta, 8.885; shipments, 1.828; sales,
2.778: stock. 4T.11T
Atlanta- MTddllnr 28 80
alias: Middling. 23 85. sale* 8.044
Montgomery: Middling. *800; sales,
twenty-one,
Total todsr- Receipts, 80 >?0; ship
ments. 85,642; sates, 20.592; stock,
664,03*.
SUGAR MARKET
NEW TORK.—Paw And r*flnrd f«-
**r ru unchtnred.
BAR SILVER.
NEW TOKK. Bnr tWVBf, 99%t
Mexican dollari,
=Financial and Commercial News=
Cotton Thought to Be a
Good Buy on Reactions
By W. A. LUFBURROW
Market Editor,
Liquidation and additional bearish
sentiment brought about further re
action in the cotton market .Saturday
and on the clone !pot cotton at Au
gii*ta waa quoted at 23.63. New York
reported the South na u (teller in the
market Saturday. Although the mar
ket acta reactionary. buying on
in advised. The underlying sentiment
•eamt to be bullish.
% —» ~
There will very probably be wit
nessed in this country during the next
three years great business strides.
Uneasiness that has prevailed for
more than a year in business has
been banished and confidence has
been restored With the corning of
better business—a general revival—
the cotton market will doubtless come
In for its share of the good fortune,
henco so much bullishness. Of course,
t tils <l-,. s Rot I • no ;i ii * hat
cotton will sell im high ns thirty
cents or more, but It is some what
of an assurance that prices will re
main at a level where the economic
farmer will be able to get a profit
for his cotton.
Giving their views on the cotton
market, Ttrooks Hyman 6c Company,
of New York, snys:
Friday’s government report eon
firmed the general # tMtlons of
the trade hut the market was still
speculatively long when the report
was issued and further liquidation was
encountered which caused a half-rent
decline ••irlng th« trading.
"After the report the sensational
buying movement In stocks, bonds and
nearly all commodities reflects the
bouyant optimism In regard to the fu
ture of business In general and In
spirts of a thirteen-million-hale crop,
which after all is not too big to he of
immediate use considering the drastic
curtailment of the pa*t year present
cotton prices do not appear exces
sive.
“The liquidation of the ' past few
days having given tho top-heavy
technical position a chance, to recu
perate the reports of good business in
the cloth markets and the heavy ex
porting movement of cotton can again
exert, a bullish influence. We think
cotton should he bought on any fur
ther decline."
Tha cotton market an nren by
Spring* A Company, of New York, 1«
an follow*:
“Tho cotton market ha* furnished
rather convincing evidence of the
aoundnoo* r»f the position that for the
time being 25 cent* wa* the rculttAlice
line of cotton price* and that consum-
M IN not to ill hurried into Uj ill ►T
in euppliea for tentative consumer de
mand. even though t)ie weight of
marketing the crop ha* apparently
panned. Told weather ha* about end
ed the top crop and the final figure*
on the outturn Mill not he much be
low the 18.000,000-hale mark.
“A, better Rcntynent prevail* to
ward* the future elf cotton and domeg
-11- (ouaumptlon, a!ietdy on I!><• In
crease, give* promise of continued
expansion a* the winter progresses.
The mill situation In New England
ha* turnsd the corner In the opinion
of leader* of the Industry and while
still operating At about 50 per cent
of capacity, should respond sensitive
ly to ti>< impi oi i msnt In dovnand 11
ported from rilxtrlhuttng centers, for
the mlHa havi boon doing buslntsa on
a hand-to-mouth basis nnd have no
raservA either of goods or of raw cot
ton.
"The Census Bureau report cover
ing the mouth of October revealed so
Im-rense In mill consumption of 87.4.11
hale* over September, consumption
during the month having reached
5.12,629 bales against 4.15,21 ft bale* In
September. It. Is significant thAt the
consuinntlon approxlinAted the Octo
ber. 1828 consumption of 54!.825 bales,
while the totAl for the three months
of the cotton year beginning August 1
was hut 1.325.800 hales this year
against 1.519,973 bales last year.
“The decrease In domestic consump
tion wa* offset by exports which to
talled 1.982.207 bales for the three
month* against 1.715.572 bales In the
same quarterly period of 192". Stocks
on hand In consuming establish ments
October 31, reflected the increased
confidence of manufacturers In the
outlook, for they stood at*730.558 bales
against 514.537 a month earlier; but
they were still nearly 400.000 bales
below the stocks held on October 31
last year.
“The resistance encountered by the
list around the basis «»f iff canta \ \
Pecember was surprising in vlsw »>f
the buoyancy and enthusiasm In the
security markets. Trading positions
were liquidated and the South sold
cotton frefly. while reports from the
Southern *p<* markets Indicated sat
isfaction on the part of the growers
with the general average of about 15
cents for middling. ,
“The advance of $lO a bole last
week nnd the ease with which prices
receded ban with our sugges
tion that cotton be bought on a scnle
down and profits taken on bulges with
a view to replacing the sold-out eon
BT BKRT BALI,
Dt.tlon.l Crop lnipmvvm.nl Senrlo.)
A VISIT to »ny grain exchange will Impress upon you that the pries
of grain depend* upon Its odor fully as much as upon Us appear*
anc.v There Is a special grad, for smutted grain and the price 1*
docked accordingly.
1L M. Italner, who Is tn charge cf wheat Improvement In the South
west. states that there ts 12 per cent of smut tn the Kansas wheat this
season, the field* running from 3 per cent to 75 or SO per cent.
Smut Is worse In seasons such as this ha# been and a determined ef
fort must be made to get rid of It Wither the Host and eklm method
• sing formaldehyde or the copper carbonate dust treatment are effica
cious, and cost but little.
' jy
“ui iMMUA «T r JsaUkjm. .* . | | X—H -*»3
tracts. Hut for tho long pull we
would Ignore the minor advances and
accumulate the later winter and May
contracts r»n tho recessions. Before
the turn of the year we espedt to see
cotton in a higher trading zone and
believe substantial profits will accrue
to those who tkke a long-pull position
on the current easy spots.
"Itetallers and Jobbers In cotton
cloths are showing more confidence
in the business prospect and the
hand-to-mouth policy of buying is
gradually being abandoned. But. It
must eiot be expected that the dis
tributing trade will lay in any great
stocks against a possible sustained
expansion In business, for with the
development of motor truck deliveries
and the extension of good roads the
retailer is in close touch with his
Jobbers and need not worry about re
plenishing sold-out numbers. At most,
the average retailer needs only 24 or
48 hours to replace goods and this not
only enables him to keep his stock in
up-to-<Jate condition, ahd.reduce the
carrying of unprofitable or slow-mov
ing lines, put it make# it possible to
carry a wider variety with a smaller
total inventory than In past years.
"With domestic spinners' takings
increasing, the export figures also are
holding up, with the result that world
spinners’ takings are currently run
ning ahead of the corresponding
weeks *>f last year and have now pass
ed the 1923 figures for the rotton year
to dote.
“With the weight of tho crop pass
ing and the uncertainty of Its size re
moved, the statistical position is the
important constructive factor at this
time and this is showing such con
sistent Improvement that stronger
foundations are being built daily un
der the market. The sluggishness with
which this registers on the. price
structure, however, due to the cau
tlotis attitude of domestic consumers
and the willingness of growers to con
sider 25 cents for middling as suf
ficiently attractive to dissipate plans
for holding. With the fr»*? market
ing 4.n the advances the balance is
steadily being to the bull
■lde Of the market, and While con
tinuing to nrcumtilntc rotton on re
set lons, we would now he slow to take
further profit! on advances unless
they carried well above the basis of
25 cents for December."
The following quotations from New \
York and New Orleans were posted
on the Augusta Cotton Exchange
Saturday:
NEW YORK.
Prev
Open High Low Close clo*4
Jan... 23.75 23.9* 23.68 23.58 23 86
Mar... 24.10 24.35 24.03 24.30 24.20
May... 24.45 24.68 24.3 ft 24.60 24.50
July... 24.48 24.69 24.42 24 64 24.58
Dec... 23.55 23.73 23 4S 23.61 23.80
NEW ORLEANS.
Prev.
Open High Lo;v Close cJo»«
Jnn .. 23.83 24.07 28.77 24.02 23 94
Mur... 24.0.1 24.26 23.95 24 20 24.14
May... 24.14 24 40 24.14 24 34 24.29
July.... 24.37 24 17 24 85 24 30
Dec... 23 80 24 00 23.74 23 96 23.91
ATLANTA FEDERAL BANK
RBAOUUCSB.
with r, r M«*nt........ 6112.601.«ia as
tluld redemption fund with U. R
j Treasury 8.286.006 60
| Gold held exclusively syaglgnoft
I V It notes 6154.231.AA8 00
I Cold settlevnent fund with F. R.
hoard 14.527.190 38
Cold and fold certificates held hr
hank 7.614 862.86
Tot•! fold n+*r*m 1136.876.761 «A
Reserves other then fold 8.123.208ft#
Total reserve* $161.46ft.00© Aa
N«"» rinervo i*ssh 3,A5M35-71
Rills dl'cmuucil:
Arrurrd by 11. N (Jovernmerl ®bll
is ions 1,180 621 ft#
Other bills dl .counted 90.807.445 U
Total hills discounted > 21.888 07© 07
Illlls lioufht In open market ... 8,683,303.33
V R fomnnstt aecurtUrs:
Ronds ... 1 6A1.000 o«
Treasury note* 1471.000.00
Crrtlflratea of tndebtednnjs ...... 946.000.00
Total IT. R. government aenirltlea f 4,101,000.00
I’ncollected Item# t1.160.154.4$
Hank p rinhea 2.874.TQ8 77
All other rmwßtroea * 1,683.057 47
Total reemireee 8239.914.310 68
mabiltitob
V H n*»iea In actual circulation 8117.594.465,00
Repoatta:
hank—
He errs account . .96-.361.18t.06
fii'wmrarnt 2.816.1T31#
Other drtsMlta 116,288 82
Tidal deposit* 9 03.793.6.*4.17
avtlahility Item# ........ 27.380 481 3|
Capital paid In 4.385.850 .06
Rurp-us 1.382.526 76
Total Ilahlltth-e . $236,814.816 68
Ratio of total rwrvee to deivnut and F. R.
luxe liabilltli* oiifnhtaad, 81.8 per cent,
I'tmtlttfem liability on btna jwirvhaarxl far fee
rtga c«»r. a.
I TRAFFIC SIGNALS
»7 HKHT BALL
(National Crop Improvement S*rrtca)
of T .*i:'. nd Jr rlmln ? , v >i ‘‘* n K ot •» »° r "
ii°w*. * 11 S 1‘ aay Is growing in
.1" ln ' v lacoustn a uniform a edge-
JKP 1 .! n»arkrr i# liberally poatrU *o
t! 19 lourl#t (t harder to get
,h< “ r °* J deglrcd.
rrrlj.f ®5 other slates ar. adopting u
unlftirm ayat.m which la quickly seen
if?. M’*" 1,11 ** “ A bunch ot
Kll * *1 corners and cross
discouraged by motor
f y , Wh . tr ? • nd th * n * ,| “ •*««» «»
b *i n * •ul'stltuted Very rapidly.
sl7o TeV.Ti I’U W '"" r r,u, > »>*• *<lortad a
Si 0 .a!Si* 1 ”? * l »*> fchC9 post mad. ln
°! *- r r * ll “ps»n which to
fiuni »aL. , r * ms They have
I?T. d . t sr >t , l ? 00r i or nv< ' b!* 0 " may be
nuT'.rn lh * * lm * It u*ed to ink. to
put up one under the old method
n.i.k.Li wl*3 * h *’ r " wanted with a
•VtaVs'tuit “ *** ' k ® * r ‘'* drlv,r A" 11
le* l . b T».li ,> ®^a oj - ,h ”* * >O » , A *» much
mlv K - f fofmer kinds Hole*
IhlT . b k r “ nch,f<l In'the steel In order
in et.VT* b * bolted securely
a sldf\n^hJ.*rfl OW ®L * nd of ,h * F° B( h »>
LtJ ..*J ch V r,n * breast plate which
abi?*ne , .. arni, 7 V* • tr< ' UTld They are
?i£mm*end\ n V,m d Wh "' h
THE AUGUSTA HERALD, AUGUSTA, GA.
CHICAGO GRAIN MARKET
CHICAGO, lll.—Sxport buying on a
big acalo carried the wheat market
briskly upward Saturday, with prices
closing strong, 2140 to 414 c net high
er, December *1.33% to *1.54 and
May *1.61% to f 1.61%.
Corn finished at l%c to two cents
gain; oat* showing %c to %c ad
vance, and provisions varying from
unchanged figure* to a rl»e of 27c.
Wheat closed strong 2%c to 414 c
higher.
Corn closed firm 114 c to 2c net
higher.
WHEAT—
Open Hlah Low Close
Dec .... 1301/, 164 V. 150% 153%
May .... 168% 1f.1% 158% 101%
July 140 142 HO 141%
corn—
Dec .... 118 114% 112% 114
May 11 121% 119 120%
July .... 120% 122% 120% J 21%
OATS—
Dec 52% 53% 52% 53%
May 58 58% 58 68%
July 56% 57V, 50% 57
RYE—
Dec 133% 136%. 133%, 130%
May 136% 139%, 136% 139%
July .... 124% 127 121% 127
LARD—
Nov ... 1345
Jan .... 1407 1425 1407 1425
TUBS—
Nov .... 1200 1200
Jan .... 1295 1295 1295 1295
BELLIES—
Nov .... 1462 '1332
Jan 1315 Isls 1315 1315
CHICAGO CASH GRAIN
CHICAGO, lll.—Wheat No. 2 hard,
*1.52%; No. 3 hard *1.5101.61%.
Corn No. 2 mixed, *1.12%, No 2
yellow, 51.15%©1.1fi%.
Oats No. 2 white, 54 0 54VC; No 3
white, 52©52%c.
Rye No. 2. *1 33%; barley. 83096 c.
Timothy *5.5006.75. Clover $24.00-
0 31.26.
Lard *l4 37. Ribs, *13.23. Bellies.
*l4 02.
St. Louis Cash Grain
ST. LOUIH.—Cash wheat No. 2 red,
*1.020 L. 69; No. 3 red, *1 fit.
Corn No. 4 white, *1.0701.09; No. 2
yellow, *1.15.
Oats No. 3 white, 53c; No. 4 white,
52062%c.
(^mlkrP,CkssUr/fnnounc6S i ~
±1 *25 Miles E
058 Miles per Hour 0
Miles » 8
The new transmit
lion lock protect*
the owner again.(
theft when the car
is left unattended.
TH* new grouping of dials
on th. instrument panel it
not only exceedingly hand
tome but extremely practical.
The new good Maxwell it
remarkaMy easy to steer. The
short sp.it k and throttle con
trols and horn button at the
tot> of the steering column
aad to the cemmienct of
the drioer.
COTTONSEED OIL
NEW YORK.—Cottonseed oil was
higher Saturday on active buying of
May contracts that suggested removal
of hedges against sales of cash oil,
possibly for export. A feature was
th advance In November to 11.75, or
75 points net higher, reflecting a
scare oj shorts. Crude markets were
firmer while hlghei lard and grain
w\re factors. Closing bids were six
to 16 points net higher.
Prime summer yellow, bid *11.05.
Prime crude $8.87%09.00.
November *1123
. December 10.73
January 10.63
February 10.70
March 10.78
April 10.85
May 10.95
June 11.00
.Sales, 13,600 barrels.
DRY GOODS
NKW YORK.-*-Cotton goods were
quiet and steady Saturday. New prices
were named on union crash toweling!
for spring "deliveries on a basis of 14
cents for roller standard grades.
Yarns held steady with a moderate
amount of business being done. Flan
nels for dress wear continuer to occupy
an important place In the demand
for spot and future delivery. Silks for
future delivery continued in fair de
mand. Wool goods for men’s wear
and cloakings were firm with a strong
rising tendenc ynoted on any goods to
be made. Linens were firm. The
demand for holiday merchandise Is in
creasing.
PEANUT QUOTATIONS
(By THE GA. COTTON OIL CO.)
Carload lot* f. o. b. shipping point,
*BS. Wagon load lot*, SB2 per ton.
(These quotation* are subject to
change without notice.)
Chicago Potato Market
CHICAGO. 111.—Potatoes: Trading
slow on ordinary stock; moderate on
rood; market slightly weaker; Min
nesota sacked round whites fair to
ordinary quality Wisconsin
sacked round whites ordinary qual
ity 80090 c.
With a full sense of the seriousness
of the statement—carefully weighing
the meaning of every word—Chrysler-
Maxwell engineers, without reserva
tion, promise you,in this new Maxwell,
performance surpassing in every es
sential any four-cylinder car in the
world today.
To make that sweeping assurance
more definite and specific—we prom
ise you in speed, in power, in pliability
of power, in swift response, and even
more particularly in riding steadiness
and comfort, results no four-cylinder
car has yet been able to attain.
To go still further into details, the new
{ Maxwell has speed capacities far be
No one can doubt that success has crowned their efforts,
after even so short an experience as a half hour’s driving
demonstration of the car.
Judged by the unusual and extraordinary character of its
performance, this Maxwell is literally a new and immeasur
ably better type of four-cylinder motor car.
Balloon tires, natural wood wheel*, (top-light. tran*mi»ion M
lock, Duco finish standard on all Maxwell models. Shrouded M A larger radii ►
'' visor, integral with roof, and heater are standard on all ff tor, of new shape
& closed models. I m ' *^~l
AUGUSTA MOTORS, Inc.
577 BROAD ST. AUGUSTA, GA.
NAVAL STORES
SAVANNAH NAVAL STORES.
SAVANNAH.-Ga. —Turpentine firm,
78%c; tales, 128; receipts, 515; ship
ments, 8;.. stock, 12.10*.
l'.osin, firm; sale*, 1,233; receipts,
2,895; shipments. 348; stock 83.156.
Quote: B D K V G II I *6.30; K
*6.3006.35; M *0 40; N *8.73: window
gla**, *7.43, water white, *8.10; X,
*8.30.
JACKSONVILLE NAVAL STORES.
JACKSONVILLE. Fla.—Turpentine,
firm, 78%078%c. Sales, S6C; receipts,
201; shipment*, none; stock*, 23,278
Rosin, steady. Sales, 1,115: reeelpte,
1,939; shipments, 1.155: stocks, 106,675.
Quote; Bto K *6.30; M *6.40; N
*6.73; window glass, *7.45; water
white, *B.IO.
LIVESTOCK MARKET
ATLANTA CATTLE AND HOO
RECEIPTS.
ATLANTA. Oa.—Cattle: Receipts,
100; for the week liberal receipts;
market generally steady; closing dull
! and weak; hulk prices, beef steers,
$4.5006.23; Stockers and feeders, $3.25-
<8,4.75: beef cows, $3.25 0 4.00; ciU
l ters, $2.6003.00; canners, $1,900 2.,e.
Hogs; Receipts 500. for week; hulk
100 pounds and 910.00010.15; 1300-
| 160 pounds $9.0J©9.50.
! CHICAGO CATTLE. SHEEP AND
RECEIPTS.
»
CHICAGO. Ill—Cattle: Receipts 2,-
000, fed steem of value to sell at
SB.HO upward, 25c higher; warmed up.
plain quality native steers and west
ern grassers. 25c lower; best cows and
heifers, 15(ft25c lower; canners and
cutters, 10$15e off; bulls, steady;
vealers wea kto 50c lower; week’s
hulk prices follow: Fed steers, $7.75®-
10,75; grass steers, $5.25(96.75; fat
cows, $3 50@5.40; heifers $i.25@6.75;
canners and cutters. $2.50@3.10; veal
calves, sß.oo<ft9.oo;. Stockers and feed
ers $4.50®6.70.
Sheep: Receipts 2,000, steady; fat
lambs, $13.50; culls sll.t>o; compared
week ago fat lambs mostly 50c low
er; fat sheej 50c higher; feeding lamb.*;
25®50c lower; week’s bulk prices fat
woolen natives and fed westerns,
$13.50014.50; top sl4 75; closing bulk.
$13.50013.75; clipped lambs. $11.75©)-
12.00; yearlings. $11100012.00; wethers
8.0008.50; handywefght fed western
ewes, $7.5008.00; natives. $5.5008.00.
Hogs: Receipts, 14.000, 15025 c low
er; lightweight, 25@35c off; light-
yond any car of its type and class, and
in the rare instances in which they may
have to be used, will register them with
an absence of vibration without prec
edent in four-cylinder construction.
Chrysler-Maxwell engineers have been
actuated by the conviction that in ad
dition to its inherent and natural econ
omies, the four-cylinder principle pos
sessed possibilities of power and speed
capable of being translated into ease
and steadiness which have never been
fully developed.
They set out to overcome what have
all too readily been accepted in the
past as limitations in the four-cylinder
engine and to convert these limita
tions into positive advantages.
President and Chairman * iof the Board
Maxwell Motor Sale# Corporation. Petrol*
Maxwell-Chry#ler Motor Co. of Canada, Ltd..
Windsor. Ontario
Before You Invest Investigate
BY JES6E B. HART.
PRESIDENT MACON NATIONAL BANK
During the past several years
fraudulent and worthless invest
ments have come on the market
and I feel that if the banks and
(other financial interests of our
state would be more alert and
would exercise their privileges
more, that a large amount of these
worthless securities could be stop
ped and held off of the market.
Very few weeks pass that I am
not called on to express myseit as
lights and slaughter pigs, 50c@$1.00
lower; hulk good and choice 2250300-
pound butcher*. $9 0300 43; 15002(10-
pounds, $7.7508.75; 1400150-pounds,
$6.0007.00; packing sow*. $5.50®5.90;
slaughter p gs, $6 0006.23.
METAL MARKET
NEW YORK—The demand for jiteel
continued In broaden rapidly during
State Bureau of Markets
Prices below are those which wholesaler* are paying F. O. B. these
consuming centers. To arrive at prices net shippers, deduct freight to
nicest favorable point.
Atl'ta Aug’ta Macon Sav’nah Col’bu*
Sweet potatoes, Yel. bulk load
ing. 100 pound* $ 1.75 $ 1.80 $ 1.65 $ 1.65 $ 1.85
Irish potatoes, No. 1, per per 150-
pound sack 2.00 2.25 2.20 2.20 2.40
Cabbage (green crated) 100 lbs../ 1.75 1.73 285 2.25 2.25
Black ey. peas, pound 00% .06% .06 .06% .95%
Brown eye peas, pound 04% .04 .04%
Eggs, fresh candied, dozen .45 .45 .43 .48 .52%
Stags, pound . 20 .21 .20 .20 .20
Hens, pound 20 21 .20 .24 .21
Boosters, pound * 12 .11% .11 .12 .13
Friers and broilers. 1 to 2 lbs.
pound 32 .31 .29 .30 .35
Ducks, pound .' 20 .18 .17 .25 .22
Geese, pound 15 .15 .13 .15 .18
Turkeys (hens), pound 25 .27 .25 .30 .20
Turkey (toms), pound 25 .27 .23 .30 .30
I 'ountry . butter (best table), lb.. .35 .33 .35 .30 .38
Country butter (cooking), pound. .18 .21 .20 .35 .28
(la. cane syrup (Rbl.). gal 90 .90 .80 .S 3 .90
Corn meal, per 69-lb. sack .... 2.89 2.85 2.50 2.83 2.73
Corn No. 2 (white) sacked, bu.. 1.38% 1.40 3.38% 1.41 1.38%
Oats. No. 2 (white) sacked, bu.. .69 .70% .89 .71 .71
Peanut hay, ton 18.UO
Peavlne hay, ton 2.00 22.00 .21.30 22.50 22.09
Shucks, ton 15.00
SUNDAY, NOVEMBER 23
STOCKS AND
BONDS.
to the value of certain securities,
and I am frank to say a large
amount of them are absolutely
worthless. If the public would only
consult their bankers more in re
gard to securities. I believe the
banks would be a great factor ;n
saving them money.
I am certainly, with the Securi
ties Commission in endeavoring to
make "BEFORE YOU INVESTI
GATE WEEK." a success
past week and there were evidences
of increased activity In all directions.
Preparations for larger production
were displayed by leading producer*
and prices developed a strong under
tone with advances in most descrip
tions and the trade was very optimUt
lo relative to the future. Prices were
firmer and In sellers’ favor.
The demand for copper has fallen
off following the increased business
noted during the first half of the
month.
IN eui fendert especially
designed for balloon
tires —wider, heavier
and toilh deeper skirt—
protecting body from
mud ■ splashing and
adding to the beauty of
the cars —new and dis-