The Augusta daily herald. (Augusta, Ga.) 1908-1914, September 09, 1909, Image 8

The Augusta daily herald., September 09, 1909, Page PAGE NINE, Image 8

About The Augusta daily herald. (Augusta, Ga.) 1908-1914 | View Entire Issue (Sept. 9, 1909)

Page of 9

Prev Issue Next Issue

Text PDF JP2 (4.1 MB) Clip/Print Image

Page of 9

Prev Issue Next Issue

Return to Top

Newspaper Page TextTHURSDAY, SEPT. 9. NEWS OF THE COTTON CROP AND MARKETS AUGUSTA COTTON MARKET There was a good demand at noon with buyers offering 12 5-16 for Middling. BOARD QUOTATION. Middling Today 12 5-13. Same Day Last Year Middling 9 3-16. (TODAY'S FIGURES.) Low middling 12 1-16 Strict low middling 12 3-16 Middling -'l2 5-16 Strict middling 12 7-16 (YESTERDAY’S FIGURES.) Low middling 12 5-16 Strict low middling 12 7-16 Middling 12 9-16 Strict middling 12 11-11> Good middling 12 13-16 Receipts for Week. ‘ Sales. Spin. Shipt. Sat 756 56 235 Mon 122 G ° Tu°s -. .. 1624 3 • Wed . . . 2035 BO 2006 Thurs. . . 1621 139 1921 Fri Total. . . 7262 251 4644 Comparative Receipts 19C 9. 1908. Saturday 996 101® Monday 2375 14io Tuesday 2207 1604 Wednesday 2474 539 Thursday "345 1620 Friday Total 10397 7259 NEW YORK COTTON (TODAY’S FIGURES.) Open. High. Low. 3 p.m. January . .12.58 12.58 12.33 12.3 1 October. . .12.42 12.42 12.20 12.22 NEW ORLEANS COTTON (TODAY’S FIGURES.) Open. High. Low. Close. Jan. . ..12.58 12.59 12.23 12.38a39 Feb 12.41a43 March ..12.75 12.75 12.56 12.54a55 April . • .... -... .... 12.58a09 May . ’ 12.81 12.81 12.58 12.61a62 June •• • • 12.66a67 Sept 12.19 ict . .12.42 12.42 12.20 12.23a24 Dec.’ . ..12.53 12.53 12.29 12.31a32 Tone —Steady. LIVERPOOL COTTON (TODAY’S FIGURES.) Open. 2p. m. Close. Jan-Feb. . . .6.66 6.66% 6.61 Feb-Mar. . . .6.67 6.66 6.61% Mar-Apr. . . .6.67 6.67 6.62 Apr-M&y. . . .6.67 6.67% 6.62 May-June. . .6.67 6.67 6.32 June-July 6.62 July-Aug .... 6.60% September. . .6.74 6.75% 6.69% Sep-Oct. . . .6.66 6.68 6.61% Oct-Nov. . . .6.64 6.65% 6.60 Nov-Dec. . . .6.66% 6.66 6.80 Dec-Jan. . . .6.67 6.65% 6.60 Sales —15,000. Receipts—4,ooo. Tone —Easy. Middling—6.9s. CHICAGO GRAIN AND PROVISIONS (TODAY’S FIGURES.) Open. High. Low. Close. WHEAT— Sept . 100% 101% 99% 101% Dec . . 95% , 95% 94% 98% CORN— Sept . 67 67% 66% 67% Dec. . 59% 60% 59% 60% OATS— Sept . . 39 39% 38% 39% Dec . . 38% 39% 38% 39% LARD— Sept .1225 1225 1217% 1217% Jan . 1065 1067% 1057% 1067% RIBS— Sept .1167% 1167% 1160 1167% Jan. . 947% 955 945 955 BEEF PRICES 6818 HEMf U LEVEL CHICAGO —The best grades of dress ed beef reached a level that It has not been attained in years when the prloes of number 1 ribs anti loins were raised 1 1-2 and 2 cents, respectively Wednes day. Bringing number 1 ribs to eighteen cents a pound and number 1 loins to 21 cents a pound. A year ago the same grade of ribs sold at 17 1-2 cents a pound while loins were quoted at in 1-2 cent*. Packers claimed that the shortage In receipts of cattle was responsible for tne Increased cost of dressed beef products, ARGO, JESTER & CO. COTTON MERCHANTS BEAVER BUILD rNG, NEW YORK. New York Cotton Ex- Orders solicited for pur change, New Orleans Cotton chase and sale of Cotton Exchange, Liverpool Cotton As- and Grain for future de eociatior,. livery. CORREBP ONDENCE INVITED. Stocks and Receipts. Stock in Augusta, 1909 10,212 Stock in Augusta, 190 S 14,495 Receipts since Sept 1, 1909.... 13,501 Receipts since Sept 1, 1908.... 9,675 Port Receipts. Today. Last Yf Galveston 6529 7348 New Orleans 1179 1537 Mobile 642 609 Savannah 325 6010 Charleston 1636 535 Wilmington 2060 1139 Norfolk 187 408 Boston T 2 Total ports 17658 Interior Receipts. Houston 694 i 10643 Augusta . 1625 Memphis 371 SL Louis 73 Cincinnati HO .... Little Rock 97 13 Auoust.a Daily Receipts. Ga. Ry.. 304 312 Southern Ry 1089 446 C. of Ga. Ry 456 151 C. & W. C. Ry 180 491 A. C. L. Ry 3 4 Wagon 264 223 Net receipts 2295 1625 Through 50 Total.. 2345 1625 (PREVIOUS DAY’S FIGURES.) Open. High. Low. Close. Jan.. . .12,-73 12.77 12.59 12.59-60 Mar . . .12.80 12.84 12.65 12.65-66 Oct.. . .12.66 12.70 12.49 12.50-51 Dec.. . .12.75 12,80 12.61 12.62 (PREVIOUS DAY’S FIGURES.) Open. High. Low. 3 p.m. Jan . ..12.79 12.81 12.61 12.62a63 Feb. 12.67a70 Mar. . .12.96 12.98 12.79 12.79a80 Apr .. 12.82a84 May. . .13.01 13.03 12.92 12.87a89 June 12.90a92 July 12.94a96 Sept 12.43 Oct. . ..12.60 12.65 12.46 12.47a48 Nov 12.50a52 Dec . ...12.70 12.75 12.56 12.57a58 (PREVIOUS DAY’S FIGURES.) Open. 2 p. n. Close. Jan-Feb. . . .6.72 6.75% 6.73% Feb-Mar. . . .6.76 .... 6.74 Mar-Apr. . . .6.73 6.76 6.75 Apr-May. . .• .6.74 6.76 6.75 Mav-.Tune. . .6.73% 6.77 6.75 July-Aug 6.75 6.73% September. , .6.77 6.81 6.79% Sep-Oct. . . .6.71 6.75% 6.73% Oct-Nov. . . .6.69 6.73 6.71% Nov-Dec. . . .6.71 .... 6.72% Dec-Jan. . . .6.72 .... 6.72% Sales —15,000. Tone—Quiet. ' Middling—7.ol. (PREVIOUS DAY'S FIGURES.) Open. High. Low. Close. WHEAT— Sept . 99% 99% 99% 99% Dec . . 94% 95 94% 95 CORN— Sept . 66% 66% 65% 66% Dec . . 57% 57% 57% 67% OATS— Sept . 38% 38% 38% 38% Jan . 1062% 1062% 1045 1057% LARD— Sept .1230 1230 1212% 1220 Jan . 1062% 1062% 10457 1057% RIBS— Sept .1180 1180 4 1150 1155% Jan 942% 982% 942% and to substantiate their assertions, re ferred to statistics compiled by the Un ion Stock Yards and Transit company, showing the falling off of approximately 200,000 head In receipts of cattle for toe year to date. DAN MUBPHEY ARRESTED MACON. Ga.—Daniel Mnrphoy Is be ing hold in the county tall to answer to a charge of giving a worthless draft to the Brown House. He was arrested m Atlanta at the Instigation of the local police and was brought back by detec tive W. A. Smith of the central office. Murphey left Macon for Atlanta as soon as the hotel had cashed his draft. He says he was "touched" for $75 while on his way to Atlanta. COTTON ROW GOSSIP The bears seemed to have control of the market today and scaled the prices down from twenty to thirty points. It is the opinion of some local cot ton men that the decline will only be temporary and the prices will go up again. The 11 a. m. bids cabled Llverpoql from New York were 12.40 for Octo ber, 12.45 for January, 12.53 for March and 12.59 for May. Receipts for Augusta today are 2,- 845. Augusta spots took a slump of 3-S of a cent today on the decline In the New York market. PRICE RANGE OF NEW YORK STOCKS Amalgamated Copper ii% 82% 80% 80% 82% American Ice Securities 29% 29% 26% 27% 80 American Sugar Refinery 128% 128% 128 128 130 American Smelting 97% 97% 94% 95% 98 American Locomotive 58 58 57 57% 68 American Car Foundry 67 67 65% 60% 67% American Cotton Oil 73% 73% 71% 72 73% Anaconda 47% 47% 46% 47 47% Atchison 117% 117% 115% 110% 117% Atlantic Coast Line 133% 132% 138 "■Brooklyn Rapid Transit 77% 77% 76% 76% 78% Baltimore and Ohio 116% 116% 114 115% 116% Canadian Pacific 181 181 180 180 181 Chesapeake and Ohio 80% 81 79% 80 81 Consolidated Gas 144% 144% 142% 142% 145 General Leather 42% 43% 42% 43% 48% Colorado Fuel and Iron 43% 43% 41% 42% 43% Denver and Rio Grande 46% 46% 43% 44 46% Distillers’ Securities 37% 37% 37 37 87% Er ‘e 34% 34% 83% 33% 34% Brie, pfd 51% 52 60 50 51% Great Northern, pfd ..162 152 150 150% 152% Great Northern Ore .. 80% 80% 79% 79% ... . Illinois Central 151 151 147% 149% 150% Interboro Metropolitan 14% 14% 13% 14 14% Interboro Metropolitan pfd 46 46% 44% 45% 45% Kansas City Southern .. 46% 46% 45 45 46% Missouri, Kansas and Texas 41% 41% 40% 40% 41% Louisville and Nashville 150% 150% 149 149 160 Missouri Pacific 70% 70% 67 68 70% New York Central 134 184% 130% 132 134% National Lead 90% 91 89% 89% 90% Norfolk and Western 92% 92% 92 92% 92% Northern Pacific 158% 153% 151% 152% 154 Ontario and Western 47 47 46 46V, 47V. Pacific Mail .. S 3 33 31% 32 83% Peoples Gas Co 115 115% 113% 114 116% Pressed Steel Car „.. 49 49 47 47 50% Rock Is and. 38% 38 36 3fi% 38% Rock Island pfd 75 75% 72% 73V 75 il Republic Iron and Steel 3954 38 &t on Republic Iron and Steel pfd '. ] 104 104 103% 103% 105 % Sloss-Sheffield Steel '. 84% 84% 83V ?3V Southern Pacific 125% 135% 122% 123 4 l 2«" Southern Railway ... 30% 30v , 29 ,f , n Southern Railway pfd 66 £ 6 9% JJ St. Pau!.. 154% 156% 153% 154% 166% Tennessee Copper 36% 36% 85% *5% Thfwf 36V4 361/2 34% 35* • 36% Third Avenue 21U 21% 21*4 21*4 99 2 R 'ht 19<?% Felted States Rubber 61% 61% 60 50% 51% -United States Steel 771/ 77% 75% ?6% 4 ‘ C S Steeipfd. 125% 125% 123% 124% 125% Vlrginitnjarollna Chemical 47% 47®/ 4fi 46 * Western Union 73% 74% 72% 74% 74% Wabash 20% 20% 19 191.; 2041, Wpstinghouse Electric 85 85 84% 85 85 * Bx. Dividend 1 per cent. -Ex-dividend % per cent. SELLING NOTIGEDIN mull GROUP Market Opened Easy With Moderate Fractional De clines Throughout. NEW YORK—The stock market'Tfturs day opened easy with moderate frac tional declines throughout. Union Pacific and Southern Pacific started 1-4 lower than Wednesday night and fell an addl. tional fraction afterwards. Fractional recoveries followed the open lng dip and Union Pacific and Reading were lifted above Wednesday’s close. Business then dwindled to nominal pro portions, until another selling movenma began In the Harriman group. A rally which ran to a good fraction proved to be very poorly held, the market becoming dull on the rise and then easing off gradually until the gains were quite generally lost DEMAND IS GOOD IN PRODUCE MARKET All Grades of Butter Ad vance. Slight Advance in Price of Cabbage and Potatoes. In the produce market there Is a very good demand on all lines, par ticularly potatoes and cabbage. The prices 'on potatoes and cabbage hold good and show a slight advance. Cab bage are Virginia grown and the grade Is very good. Demand for apples very good, sup ply short and the grade very poor. A consignment of bananas has been received from the West Indies. The price on bananas Is advancing. Prices on oranges and lemons hold good with a fair demand. Demand for eggs and poultry is Quench Your Thirst With A Bottle Op Mires Wherever Soft Drinks Are Sold. DIXIE CAS DONATING CO.. AuAuata, Om. New York. —Mitchell offering five thousand January at 12.38. Don’t think prices can hold under concen trated bear pressure. New York.—No buying power at present, market looks soft and longs are nervous; think lower prices. -iitchell was a heavy seller today. There is mucl* diversity of opinion among local cotton men as to the present situation in the cotton mar ket. The slump in the market was expected and some of the buyers think tnat it will go lower while there are some few who afle |f the opinion that the decline is only temporary and that now is a good time to buy. in NEW ORLEANS PRICES DECLINED Heavy Ginning in Georgia and. Carolina Arguments Used To Pound the Mar kets. (By N. Ploard.) Herald Bureau Cotton Exonange Bldg. NEW ORLEANS, La.—Nothwltnstand. lng the heavy sales In Liverpool and a good epot demand, prloee declined heav- Ify today under the Influence of fall realizing In New York and persistent bear pressure. Prominent New Orleans hulls seemed to have withdrawn their support and the market yielded easily to bear attacks, revisions of quotation* In New York where low grades were re duced five to fifty points and heavy gin nlngs In Georgia and South Carolina, were the arguments used to pound the market. The theory also has been ad. vaneed that the movement will soon grow too largr to be absorbed by con sumptive necessities and that prices must necessarily sag, but bulla ore con fident that a further decline will meet with resistance by farmers. He that, to Ills prejndlce will do A noble action and a gen’rous too, Deserves to wear a more resplendent crown Than he that hath a thousand bat tles won, —Pomfret. He who bolds no laws 1n awe, He must perish by the law,—Byron. nervy bird. "Mamma," said the exasperated young lady, "I wish you wouldn’t hang that oid parrot out on the front porch these evenings." "Why not, my dear?" asked the moth er In surprise. "Why, I think before you bought him he must have belonged to a street oar conductor. Every two or three mtnutas when Edwin calls he ahlri* out: ‘Bit closer, please.' It Is lust too embarras. sing for anythin*."—Exchange. very good and the prices are high. Tennessee first stock eggs are quoted at 27 cents, cold storage eggs are quoted at 26%. All grades of butter hare advanced from 1 to 1% cents per pound. THE WEATHER Forecast TUI 8 p. m. Friday. For Augusta and Vicinity: Shower* to. night or Friday. For Georgia and South Carolina: Part ly cloudy weathar tonight and Friday. Weather Conditions. A shallow depression overlies t-he low. er Missouri valley. It la causing rain In lowa and Minne sota and has caused light showers In the middle Mississippi and middle Ohio valleys. Showers have occurred also In nearly every state of the Cotton Belt with oc casional heavy falls In Mississippi and I-outslana. It is generally cloudy this morning over the eastern portion of the Belt and clear In the western portion. Temperatures have risen somewhat north and east of th e Ohio River and have fallen slightly In the Rooky Moun tain districts while no change of eonse. quence has taken place In the South. COTTON REGION BULLETIN. For the 24 hours ending at 8 a. m. Augusta District. Temperature Max. Min. Rain Augusta N 3 70 U 7 Allendale 8» 68 TO Athens 76 69 0 Batesburg 81 68 0 Blaekvllle 89 68 0 Camak „ 81 67 118 Columbia 80 70 T Greensboro ..81 71 0 Oreenwool 81 68 U Washington .... ....82 70 0 Wuynesboro 82 68 0 Averages 82 6* 10 Heavy Rainfall. Amite, La 312 District Averages. Temperature Max. Min. Rain Atlanta 82 68 08 Augusta 82 69 10 Charleston 86 68 3-1 Houston , •• .-96 72 01 Little Rook 100 72 0 Memphis 88 70 06 Mobile 9i 70 24 Montgomery .. 93 70 48 New Orleans .. .. .. .. ..96 72 20 Oklahoma 98 70 V Savannah 90 72 16 Vicksburg -. 98 72 10 Wilmington .. SO 66 w Remarks. Showers hav e fallen in all districts ex. cept Oklahoma and Little Rock. Temperatures continue high In the central and western belt. D. FISHMK. Observer. MARKET LETTERS DAVfSON & FARGO'S LETTER ’ UGUSTA, Ga. -The cotton market turned qult e weak today on heavy liq uidation caused by fear of large receipts, rumors of the death of 10. H. llarrlman and consequent break In stocks. There was bo other news Dnt It Is ev ident that there Is a strong hear crowd In New York who are working for lower prices with the object no doubt of buying some cheap cotton later on. Our market here (which closed yesterday at I'ibi for middling) opened today at 12 8-8 and by noon buyers were offering only 12 8-je basis for middling. There hss been no cnange since. Arter such a sharp break amounting to about two dollars per bale since yesterday morning. Wo ought to have some rcaotlon.— Davison & Furg- ARGO & JESTER’S COTTON LETTER Special to The Herald. NEW YORK-i-Condltlon« were favor, able for a raid today and bears made full use of the opportunity In the hope m catching stop orders meeting with fair success. The nervous unsettled stale oi stock market contributed materially to this. Furthermore cables were easy and stated that while the continent was buy ing the market was narrow and Inngs uneasy and Inclined to liquidate. The re vision of grade differences In this mar ket reducing the penalty on low grades probably had some Influence although really not Important as R will be in force only till November and Is due en tirely to the character of the local stock, which has very little below middling wo de not believe the decline will alarm planters or go very far and regard tho market as very well cleaned up and In good shape to buy. Argo, Jester A Co. CARPENTER, BAOOOTA & CO.’S COT TON LETTER, Special to The Herald. NEW YOUK—The reduction In differ ences In New York contracts on all low grades ranging from live points on atnr low middling to fifty points on low mid dling tinge and the large ginning figures for South Carolina arid Georgia an com pared with last year which are almost double is balog used by those of bearish inclination to depress the market;, hui» port for till moment seems to be With drawn and the bulls are holding elof: this decline will only offer better oppor tunity for making purchases.—Carpenter Baggett It Co. THE MONEY MARKET NEW YORK—Money on cull 2 14 a 1-2. Time loans firm; stxty days 3 per cent; 90 days 3 1-4; six months 2 7-8 a 4. Posted rates sterling ex change 488 a 87 1-2 with actual busi ness in bankers bills at 480.3 6 a 488,46 for uemand and 484.80 a 90 for sixty day bills. Prims mercantile paper unchanged. OVERLOOKED. Krom the Cleveland Plain Dealer. The man who has Just married his stepmother is th« unos* cheerful optimist In the world.—Philadelphia Inquirer. Indeed? And what have you to any of the man who married hls mother-in law J AUGUSTA STOCK AND BOND MARKET By Martin & Garrett.) Government Bonos. l.tu Asked U. S. 2s, 1930 100% CJ. S. 3s. 1918 100% U. a 4s, 1925 118 State Bonds. Ga. 3%e, 1930 J & J .. .— — 100 Ga. 8% M & N. 1916 9* Oa. 4%5. 1922. J. A 3 107 City Bund* Augusta 4a 1931 MAS.. 33 Augusta 4s, 1936, J A D.. 98 Atlanta 6s, 1914.’j. A J.. 107 Charleston 6s, 1924. A. AO 107 Columbia. 4s. 1910, j A J 97 —— Columbus. 4%5, 1927, J & J 103 Jacksonville 6s, 1934. M A N 107 Macon, 4%5, 1926, January unrterly ■ ..108 —— Macon 6s, 1910 January '•uarlerly 100% Savannah 4% 1959 F. & A., quarterly 108 Savannah 6s. 1913 January quarterly 106 —— Railroad Stocks Atlanta and West Point 14« 160 Chtquola Mfg. Co., (S.C.) 120 130 pfd 100 100 Oa. R. R. and Bkg. C». 25 8 262 Southwestern R. R. Co. .. 118 11S-- A. & 8. R. R. Co 113 116 Rn.lroad Bonds, dugusta So. Ry. Ist mort. > .1,1 n 1924 89 C. of Oa. Ry. Ist Mtg., 6s 1946, F & A 114 of Oa. Ry. Ist Con. Mtg. Os, 1846 M. anti N. .110% r ' of Ga. Mac. A Nor. Dlv. Ist 6s, 1946, J and J.. 108 f or-tra! of Ga. Batonton Branch. Ist 6s, 1926 J. and D 104 of Ga., Ist rfd Income 6s Oot. 1945 83 >0 of Ga. 2nd pfd Income 6s. 1916. Oot 82 7. of Ga., 3rd Income, Da 1946 Oct ’. .. 78 —— \ of "Ga. lty, Mohlle Dlv. Ist 6s, 1946 J. and J ..110 C. O. A. A. 2nd 7s 1910 A. & 0 108 —— la. R, R. Fanklug Co. 0s 1910. J and J 101 Ga. R. R. & Banking Co. 1922. 6s. J. and J 113 —- Southern Cotton Mill Stocks. S. Ry. Co., Ist con. 6b 1994, 6s J. and J 112 Allten Mf*. Co. (S. C.).. 85 90 Anderson Cotton Mills (S. C.) pfd 63 66 Arkwright Mills 105 IC* Abbeville Cotton Mills (S. C.) #0 98 Augusta Factory 64 68 Belton Mills 110 112 Cabarrus Cotton Mills .18 ‘ 186 Chadwick Mfg. Co. (N. C.) Clifton Mfg. Co. (S.C.) .. 116 116 Clifton Mfg Co (H.C.) pfd 58 Columbus Mfg. Co. (Ga.) 94 101 Dallas Mfg. Co. (Ala.) .. 84 101 Ylnoree Mfg. (S.C.) .. ..70 80 IPnoree Mfg. Co. (S.C.) pfd —— XOO Eagle and Phoenix Mills (Ga.) .. 128 . Easley Gotten Mill (S.C.) 135 146 Enterprise M(g. Co —-■ 85 Gaffney Mfg. Co. (S.C.). 94 109 Do. 2nd pfd 80 81 Gainesville Cotton Mills (Ga.) 50 60 Granby Mill, pfd 63 Grande’ Mills (S. C.) . .. lit) 110 Henrietta Mills, (N. C.) 160 167 Granitevllle Mfg. Co. b. C 160 let King Mfg. Co., John P... 98 Bt> Langley Mfg Co 98 100 Lancaster Cotton Mills (8. C.) 108 Lauren- Cotton Mills (S. C) pfd 153 160 Limestone Mills (S. C.) .. 140 Louise Mills (N. C.) .. .. 90 95 Do. pfd 92 Marlboro Cotton Mills (B. C-) 91% Orangeburg Mfg. Co. FINANCIAL Tho National Bank of Augusta 707 BROAD STREET. Organized 1885. - Have weathered all of the financial storms, and for more than a gen eration have successfully withstood every panic. We want the accounts of reliable individuals, firms and corporar Uona. Interest-hearing certificates of deposit, at the rate of 4 per cent in terest, lHsund in sums of SIOO.OO and above. Safety deposit boxes $3.00 to $20.00 per year. The business of our out-of-town friends receive the same careful at tention as that of our local depositors. National Exchange Bank AUGUSTA, QA. Capital and Surplus, $540,000.00 A Bank /vith a strong directorate of successful anu enterprising business men. Will you loin the constantly increasing number of well pi- ised customers T A F.ALANCE IN THE BAf$K IS A RLADY FRIEND. P. E. Id AY, President. E. A. PENDLETON, C«hler. AIM. K. KITCHEN, W. T. WIGGINB, Vloo President. Assistant Cashier, Georgia Railroad Bank Augusta, Georgia. This Bank Solicits the banking business of merchants and corporations. We pay 4 Per Cent Interest on all deposits placed in our Savings Bent. YOUR ACCOUNT INVITED. Co-operation in Banking No bank more fully appreciates the absolute necessity of the co-operatiorf of depositor and banker than does the MERCHANTS BANK. And realizing this, the aim of its management has ever been to promote that feature by giving its patron the careful ' service their accounts demand. Prompt service, careful attention, liberal, but prudent, policy and courteous treatment comprise the system which has gov erned this institution since Its organization. MERCHANTS BANK PAGE NINE Do. 2nd pfd 80 —— ■'elham Mfg. Co. (Ga ) P M 101 10« u*. co., .w. -a. C.) 160 104 'nleigh Cotton Mills (N. c.) 100 104 Seminole Mfg. Co. com. 5T 63 Do. 2nd pfd —— 86 Do. Ist ■ <d 108 105 Sibley Mfg. Co $4 48 'Varren Mfg. Co. com..—— 88 Do. pfd 10* —- Dank stocks Augusta Savings Bank .. 175 Citizens Bank 100 Mali-American Bank . .. 160 M6l chants Bank 198 ICO National Bank 186 140 National Exchange Bank 128 130 milters Loan A Savings Bank (par $10) 26 S 3 Union Savings Bank (par Local Bonds. Augusta Factory Ist, 8s $25) 62% due 1915, MAN .. ..108 Augusta Ry & Elec Co. Ist 6s. 1840, J A D ... »S —— Bon Air Hotel Co. 6s J A D 1911-21 100 Enterprise Mfg Co., Ist 6s, 1923, MAN 93 M Sibley Mfg. Co., Ist 6s 1933 J and J »* #6 FLOUR mu TIIMTHICTS. Bullish Wheat Crop Re ports Said To Have Caused Advance. Farmers Are Holding Wheat. Within the last few days the price of flour has advanced about twenty five cents on the barrel In Augusta. Tliis advance is caused by ‘‘bullish” wheat crop repot U. Regarding the situation In the wheat mnrket. a prominent grain deal er In Augusta stated. “Options are frequently the result of a gamtoltn® scheme to depress prices and buy the actual stuff at lower prices. Option* in wheat are lower than cash. Cash, wheat in St. Louis, the winter wheat market, of this country, Is worth 10 oentß over the options, mills cant grind options; they must grind “Cash wheat In St. Louis, No. 2 r%J wheat, the kind that the south uses Is advancing dally, now selling at SI.OB to 51.11. Cash wheat must either decline or the option must ad vance The farmers of the west are rich and will hold their wheat, as they are doing today, remembering the high prlc< of the past spring -8188 GOOD ROADB Special to The Herald. MACON. Oa.—ln press dispatches re lating to automobile cross country runs In Georgia the Bibb county thorough fares have often been referred to ot late ns the “hlgh-gear” roads of the slats or of all this section, at any rats. Road Improvements have been going on nt n good rate since the organisation of the stats good roads association hero during the early part of the summer. Hupt Wlmbush has been taking a great deal of pride In the work and wants to make the connecting link* of roads out of this county tht very best In Qeor gte. They are In that class now but there Is always room for some Improve merit. FINANCIAL