Newspaper Page Text
12
. BPPUfPrg ■ -wii
THE ATLANTA OUuRGIAN AND NEWS.
LIVERPOOL WEAK
AFTER_OPENING
The Small Business Done in
Spots a Depressing
• Influence.
NEW YORK WAS DULL
{Opened Lower, But Held
Stead}' Early—The
Trading Light.
Now York. Morch 27.-—In resnonzi
poor on lilf« from Liverpool, llie local
ton market thin morning opened 303 p
lower, nml after the mil the lint wni
weakened further l»v what appeared to la*
a raid on July by the room bears. Trade
while fairly active, was more or leas re
atralued by the approaching holidays.
While the opening In Liverpool was tad
ter than Uue for futures, the closing prices
were discouraging. The opening was Uue
to show advances of from 2 to 3% points,
whereas first prices were 2% to 4% points
higher for the near months and f to 4%
Tuesday’s close, while the late months
unchanged to 1 point higher with the tone
quiet.
The following Is the range of the actlv
months In Liverpool today:
Open. High. Low.
March-April 5.G6 5.6« 5.59*
Miiy-Junc 8.64
_ _ ^ 5.63 £
October-N’orember ....5.56 5.56 £
Spots were quiet with demand poor, spin
ners taking only 6,000 bales. The price for
middling, however, was advanced 4 points
to 6.98.
The New York market opened at declines
of 2 to 3 points, being Influenced by the
slump In Liverpool after the opening. The
trading was not active during the morning
session, and after a further slight decline
prices recovered to wlthlu a polut or two
of the opening figures.
Trading In the afternoon wna very dull,
the movement of w rlcos twine very nar
row. The close was steady net 107 points
lower, compared with Tuesday*a finals.
Movement of cotton for half week:
1907. 1906. 1906.
Receipts 42,334 32,019 62.974
Shipments 62.627 43,638 63.482
Htocki 394.014 880.532 410,116
Comparative receipts at nil U. 8. ports:
Net receipt* today 27.139
game day last year 16.472
Increase 10.66,*
Total receipts for five days 102.615
Same days Inst year 88,016
Increase 14.K0
Total receipts since September 1....8,911,173
Sstne day last year 6.661,448
Increase 2,249,725
estimated receipts tomorrow:
1907. 1906.
New Orleans 4.500 to 5,500 3.4S9
Galveston 9.000 to 11,000 6,861
Houston 3,000 to 3,500 2,015
Movement at Atlanta:
Receipts today 34
Kamo day Inst year 154
Decrease 120
Shipments today 153
Same day last year Igo
Stork on hand today 14,0011
Same day Inst year 6,122 1
lucrease 7,879»
NEWS AND GOSSIP
of tho Fleecy Staple.
Spoclal to Tho Georgian.
„ (From Hayward, Vick A Chirk.)
New York, March 27.—J. 8. RaClie A Co.:
Liverpool was due. to come 203% point
higher. It opened Jlrm 2%04% higher on
near months and 104% higher on late
mouths. At 12:15 p. in., quiet nml steady,
% lower to 2 points higher. Spots quiet,
4 higher: middling 5.98d; .sales 6,000; Amer
ican 5,f»0; speculation and export 500;
Imports 34,000; Amerlcnu 33,000.
ire house room In Liverpool
hI to be very scarce and bard to se
cure.
rpool slight!} lower. We believe
prices will rally further today. The stock
arket iK>sltlon vemi to have righted lt-
If, and we believe bulls will have more
nifldenee to plek up cotton around this
vet According to present spot cotton con-
(Ions, futures are selling very low. and
the short Interest has increased. We be-
that higher prices will be seen In
ext few days.
York opened tame at some less, nml
t some less, nml
tendency. Liverpool lower
than due. Do not see any good In It yet.
Jth
lowe
•’ollowing nre 11 a. m. bids: March
9.32c; May 9.47c; July 9.54c; October 9.83c;
January 10.09c.
Looks like Price is buying cotton.
The Marrh Into sight will reach close
» a million bales. The April Into-siglit
ovemeiit Is being estimated at 600,000.
hales, although such estimates enn be nulli
ng more than guesses. During April of
ist year the movement totaled 547.000 bales,
and during the big crop year It was 900,-
000 bales. Rears say that It takes an on-
gore out nnythlug under a 14,-
00<>,000-1 talc .crop. *
New Orleans. March 27.—Hayward, VIelt
& t’lark: Liverpool very disappointing; old
rop* unchanged to *4 up. against 304 due.
Spot* sale* 6.000. This shows yesterday's
advance was purely manipulative, and that
spot situation Is unsatisfactory,
e Tlrnes-Demoerat: “Fresh lucentIv
being lacking, the cotton market will prob-
hly drag along within narrow limits for
me days to come, unless unfavorable
..•other shall create a doubt In the minds
if the tAleut over the new crop out-turn.*’
DEMAND 18 8TEADY
FOR 8P0T COTTON YARNS
Edited by
Ii /« ifk ■ M M / IS Ida. market, la Atlanta
Joseph B. Lively
In/M all M aP II ““J the soutlih.s made
I
1 w I/ml m 1 mS ■ w. 3 him a ” c °* n,,ed
- " W “ a S W- (■ XI *•— W j tborlty In hi. spectalt,.
- H
TIPS FLASHED
From Wall Street
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
ft A HE OK 8TOC*.
prices. Hell-
nre not In n position to make deliveries,
however, before June 1. so that the nmount
of business being put through Is small. In-
olvlng weaving yarns In lots ranging from
,000 to 20.000 pounds. For future delivery
the weaving mills nre not showing such a
n desire to operate as has been the
•nse during past week*. They seem to be-
love tluit yarns are on too high n hnaU
and that lower values will prevail late;*
Authorities In the market here state
however, that the buyer need not look for
iv lower yarn prices this summer, mm the
Ills have plenty of onleis on haul and
III not take business at a sacrifice of
rice. Reports from the I'hllndelphla turr
et show that prices there nre slightly
•low those quoted here and that some
manufacturers are dumping on the marle d
small accumulations of stock. This has
had the efTeet of weakening prices and will
ult Inter. It Is said. In the spinners
. .'Btly regretting the disposal of stocks
lilch they will badly need.
In the hosiery yarn market there la
to begin
is possible. Other small sales were
;d ranging from 20.000 to 30.093
i. For future deliveries the demand
so keen, ns buyers nrn anxious to
supplies, ns they need them, and
Amalgamated Copper .
Atlantic Coant Line .
American Sugar Ref. . .
Anaconda
American Locomotive.
do. preferred • . •
Am. Smelting lief. • .
do, preiewuu . . ,.
Atchison
do, preferred . . ..
American Cotton Oil. .
Am. Car Foundry . . .
Baltimore A Ohio . . . ,
Brooklyn Rapid Tran.. .
Chesapeake A Ohio .
Colorado Fuel A Iron.
Central Leather ....
do, preferred . . ..
Chicago A Great W. .
Chicago, M.. A Ht. 1\.
Delaware A Hudson. .
Distiller's Securities. .
Erie
do, preferred . . .. .
General Electric . . . .
Illinois Central . . . . ,
Am. Ice Securities . . «
Louisville A Nashville. .
Mexican Central . . . .
Missouri Pacific
sg
NAME OP 8T 3CJL
N. Y., Ont. AW....
National Lead. . • • .
Northern Pacific. . • .
Now York Central. • .
Norfolk A Western. . .
Pennsylvania. . . , . .
People's Gas. . . . . .
Pressed Steel Car. • .
do. preferred. . • •
Pacific Mall
Reading
Republic Steel. . , . .
Bock Island.
do. preferred. , . .
United States Rubber,
do. preferred. . . .
Slosi-Sbeffield. . . .
Tenu. Coal A Iron. .
Texas A Pacific. . . •
Union Pacific
United States Steel..
do. preferred. . .
Va.-Car. Chemical. . .
do. preferred. . •
Westeru Union. . . .
Wabash.
do. preferred. . .
Wisconsin Central. .
do. preferred,
Total Ktock Mole* 1.264.900 share*
NEW YORK.
d
&
O
i
a
s
Si
J
U
0
M/trrh. . . .
April. . . .
May
Julie
July
Aug
Sept. .1 . .
Get
Dec
y.36
9.33
9.48
9.5 m
M0
9.61
9.81
9.92
9.36
9.33
9.49
9.50
9.57
9.59
9.61
9.85
9.92
9.30
9.30
9.44
9.58
9.52
9.59
‘Mil
9.81
9.90
9.32
9JO
9.45
9.50
9.52
9.59
9.63
9.52
9.90
9.30-31
9.30-31
9.45-46
9.62-53
9.52-53
9.55-56
9.60-62
9.82-83
9.99-91
9.37
9.36-38
9.51-52
9.53-56
9.59-60
9.62-63
7
9.87-88
9.96-90
LIVERPOOL.
The following Is the opening range, 2 p.
m. and close, compared with yesterday:
Futures opened firm.
Opening Previous
Range. 2 p.m. Close. Close.
March 5.62 5.62 5.60* 6.62%
March-April ..5.66 -5.61% 5.61% 5.60 5.62
April-May ....6,52 -6.69' ‘ "
May June ....5.64 -5.60
June-July ....5.63 -5.62
July-Aug. ...5,63 -5.59
Aug.-Sent. ..5.57%
Sept. Oct. ...5.58%-5 5fl*/
Oct.-Nov. ...5.56 -6.54 f
Nov.-Dee. ...5.55 -5.54’
Dec.-Jnn 5.55
Closed quiet.
NEW ORLEANS.
The following Is the range In cotton fu-
tnres In New Orleans today;
Special to The Georgian.
(From Hayward. Vick A Clark.)
New \ork. March 27.-J. S. Bache A Co.:
The London market shows strength this
morning, and Berlin Is approaching Its set
tlement day with more confidence.
We believe that In the mnln the worst Is
over with, taking coudltious ns a whole,
and we do not think that the large In
terests who bought stocks recently can
market them on any ordlnnry advance.
Also, that there Is an extensive short In
terest In the market which Is an added
form of strength. The treasury seems to
be about the one place In the world where
gold can be obtained, and we commend
the notion of the secretary yesterJay lu
relation to the money market. We have,
not commented on the much talked of ore
contract matter, heenuse we believe that
a Scotch Jury alone Is competent to pas*
upon It.
London market strong -401% higher.
The si tun t lou regarded ua much bette.*
and a further recovery 'is looked for.
that
kind of a
The aid extended . .. _ .
«h1 the advance in the market yesterday.
The worst seems to be over.
Mr. Frick says that the steel business
Is better than It was a year ago, and that
be hears of no steel cancellations.
II. II. Rogers Is quoted ns saying that
the copper situation is sound, nml that
the late quotation of decline Iu # spot cop
per in Loudon Is meaningless.
New York Financial Bureau: London
market higher. No advance In hank rate
contemplated for tomorrow. Only two
small failures reported this morning. Union
Pacific advanced 1%. Reading 1, Amalga
mated 1%. Anaconda 2, Steel %. 1’ennsyl
vanla 1%, Southern Pacific 1, Atchison 1,
Cuundlnu Pacific 2.
Amalgamated should he able to go eon*
sldernhly higher on this rally. Smelting
may rest between 115 and 117. Canadian
Pacific I* displaying n very strong tipwurd
trend again. There Is not much opposition
First Price For Smelting
Near 5 Per Cent
Better.
HELD GAINS EARLY
March. ,
April. .
May.. .
June.. .
July.. .
Aug. . .
net. . .
Dec. . .
Jan.
.10.1410.16
.10.1610.19
.10.2010.24
Closed steady."
as
■o
110.15
10.16 10.15
10.1710.17
10!25ia25*26
m... 10.19*
10.1510.14-15
10.15 10.16-17
10.24110.21-22
10.17- 1S
10.18- 19
10.23-24
NOTES ON GRAIN.
Pointers on Provisions.
ATLANTA MARKETS.
8POT COTTON MARKET.
Liverpool, steady; middling uplands 5.98U.
Atlanta, quiet; middling 10%e.
New York, quiet; middling 10.95c.
New Orleans, quiet: middling 1011-lGo,
Pnvutinah. dull; middling 10%i\
Norfolk, dull; middling 11c.
Baltimore, nominal; middling 11c.
Phllndelpb
middling 11.20c.
Mobile, quiet; middling 10%c.
Charleston, quiet; middling J0%c.
Galveston, steady; middling 10 13-16c.
Memphis, steady; mlddllug 10%c
TODAY'S PORT RECEIPT8.
The following table shows receipts nt tlie
C irta today, cotuparod with the same day
st year:
New Orleans. • • •
Galveston. . • . . ,
Mobile.
Savannah. • . • • ,
Charleston
Wilmington
Norfolk
New York. , . . ,
Boston.-. .••••<
Philadelphia. . . .
Total.
INTERIOR RECEIPT8.
The following table shows receipt* nt the
towns today, compared with the eamo day
last year:
Houston. • .
Augusta. . .
Memphis. .
BL Louis. ,
Cincinnati.
Total ,
HAYWARD, VICK & CLARK’S
DAILY COTTON LETTER
Special to The Georgian.
(From Hayward, Vick A Clark.)
Chicago, March 27.—llnrtlett, Frazier A
Carrington: Wheat Is a weather market at
present. Price Is low, but cash demand lb
alack. On the other hand, serious crop
damage might give us a sharp advance.
Receipts of corn and ont* are quite mod
erate. See very llttlo 111 tho market at
the moment, but think eventually they
will sell higher.
Would prefer to buy provisions on the
soft snots.
Inglfs says hugs hard to find and that
the crop could not be better.
Our Liverpool cable says: "Wheat stead}
at last quotations; corn firm, with a bettet
deina ml.
The Chicago Record-Herald: "Crop dam-
nge Is the key to, the wheat situation," Is
the opinion of .1. A. Patton, home yesterday
from a two months' stay In Europe. "Each
dav without rain In the Southwest." lie
said, "will Increase the tltnlditr of tlie
bears. There I* little for the hull to hope
for, however. In the European situation.
Thera has been considerable crop damage
III Germany, and they were talking drought
in (ierninny, ami luev were raising (irougiu
F OUR, GRAIN AND PROVI8ION8. damage In Hpnlu. ltunsln Is a rather mi
- certain proposition. Her transportation fa
liolce white, 68c; No. 2 white, 67c
No. 2 yellow. 66c; nilvcd, 65c; Tennessei
white, 66c; cracked corn, per bushel, 70c.
Hulls $11.50.
OATH—Choice white clipped, 59c; No. 2
white, 58e ■
jiroof, 59c;
MeXI/—Plain, per 96-non ml sacks, «»;.
plain, 4K-potiml sacks, 69c; plain, 24-pouml
sacks. 70c; germ, 11.25.
“■ \Y—Timothy, choice large Wuu-»,
holcc small tulles 11.26; do No. 1 third
bales, $1.25: do No. 2 third* bales $1.20; No.
1 clover, mixed, $1.20; choice prairie $1; her-
nimla $1.
SIIORTS—Choice white $1.50; Texas whit
$1.40; fancy 80-pound $1.36; brown 80 to 100-
pound $1.30.
CHIC*™
Purina -
Banner feed $1.26.
FRUIT AND PRODUCE.
EGGS—Active. 16c.
LIVE POULTRY—Hen* active, 45*05(8?
.arb; chickens active. 35©45c each; ducks.
Peklli. 35c eachl puddle 26030c each; geei
turkey*
etiv
active, 10©l2%c pound; turkey
active 18020c pound; fries, no
(1; hens, lie noi
New Orleans, March 27.—The small busi
ness in Liverpool on n Wednesday, usually
the most active day of the week, rather
confirm! recent unfavorable spot news from
abroad about the supply situation with the
mill*. The weakness in futures, which are
about 4 lower than due, la thereby fully
explained.
Our markets nevertheless continue sternly
for the reason principally tbnt tenderohle
cotton Is scarce sml that the chances for
successful manipulation art correspondingly
increased. While up to a month ago the
spot situation was the stronghold of the
bull, anticipation of higher markets 1* now
based upon probable professional tactics.
Frequent allusion In dispatches from New
York to a large long line of May contract*
accumulated by a clique of operators keeps
active the fear of s squeeze and check*
selling. Talk of too mueli dry weather In
the l*elt works In the same direction. Every
thing considered, however, the general sit
uation 1* anything but sound. The s|n>t
market fa quiet with some scattered busi
ness. Weather conditions are unchanged;
precipitation nil
*’— **—*■ %, “ircn zi.-a. o.
lower nud tv
with the decline, but, ...
* there wa* not much busfhea*
to speak of either way, nml private cables
from abroad reported a uttlet market with
some Egyptian selling. The failure of the
Weather report to show any rain In the
•putbwest was somewhat di*ap|M»tntlng to
the bear element. We believe that cotton
Will drift along at about present level*
for the time being, nud would advise eou-
live, is © 29c
PRODUCE— Laris. 1 loo pound; hams, ac
tive, 15c pound; shoulders, active, 9c pound
sides, active. 10c pound; butter, active. U
022%e pound; beeswax, active, 25c pound;
honey, bright, active, 8c pound; honey In
. . .« .... --five, l.'c pound; dried
white peas, active. $2.25
bushel: lady pens, $3; stock. $1.75©2.15.
FltUtT8-I.eim.ns. fancy Messena. $404.25.
Bananas, per bunch, culls, active. 9<V
(Q$l; straights. $1.5002. Pineapple* Fieri
da stock, per crate. $2.60. Orange*. Horiiln
stock, owing to size and condition ■on nr
rival, per box. $203.50. Apple*, choice Ben
Davl*. $4: fancy. $4.50; New \ork state am
pies, winter varieties, choice, per barrel,
$3.26■03.60; fancy. $3.7504. Grape*. New
York state. In 5-pound baskets, « oncords,
20022%* Crnnbetries. fancy dark Cap#
Cod*, per barrel. $12; Jersey*. $11. Grape
frutt. Florida M.wk owing to size and col
or. per box, $1.50*12.76. Limes, Florida
stock, per hundred, 11. Nats, faneymlxed.
lu boxes, per sack of 100. active Ht $4.30 per
sack. Peanuts lu sack, nvernglug Pd pounds
each, owing to grade, per pound, 4%©6c.
6tra wherries, 12c.
VEGETABLES— Beets, cabbage, crates,
active. $3 crate: cabbage, standard crate*.
2%c pound; cabbage, barn!*. 2%e pound:
egg plant, active, $2.59 crate: cucmnfwra $3
orate; tomatoes, fancy, active, $2.5003.00,
potatoes, new cron, $9.w per barrels; »uion»
drv. active. $1.10 bushel; Irish potatoes, ac
tive No. 1. 90095c bushel; celery, fancy,
750&C bunch: peppers active. $202.60 crate;
ekra. six basket*, small. $3 crate; cauli
flower active, 8010c lb.; 1lettuce, beaded.
live. $2 drum; sweet potatoes, yellow, dull,
$1.00 bushel; sweet potatoes, white, dull,
live., 90c biilhel: sweet potatoes, while.
70c bushel; kraut, half-barrel $3.(5, 25c per
servntlve purchase* on nil small declines,
but would not hesitate to take profits on
nil strong snot*. It I* our belief that big
market
toward
I* the
(rill
There
age
_JH e*s reaction, nml II
nion of many that the recenl
lu the stock market are but n
forertiutior of a siow-d(»wt» lu business. Tin
rot lou trade will naturally feel III
of such a reaction. * ' ‘ "
advise conservatism
substantial position c
MRS. E. 8. PEEK,
s tenographer.
822 Century Bldg. Bell, Mein 4638.
.llltles nre so demoralized that she .
furnish her own famine district with wheat
that she I* exporting from her southern
porta. While In the office of Lenders A
Co., London. I was shown bids received
that day for wheat to go to northern
ltusHln, nml offers of wheat for England
from southern Ktisrin. Europe must de
pend on America for her corn for the next
three months. Argentina Is out of the run
ning and the Danube ran not ship before
July I, nlthough the Roumanian crop Is
large. The roiidlttou of the Rouinaubih
corn, however, Is poorer than ours, and
shipper* will make no contracts on the us
ual rye terms, there being no Inspection
system In Ronmnnln. Feeding stuff Is
scarce nml high nil over Europe, particu
larly barley, which Is their big staph*.
Europe will buy ns much corn on the lm*l>
of o<V or even 55c In Uhlcngo ns she would
nt 10c per bushel ’If ss. I do not look for
any Europcnii demand for oats. London
In not using over two-thirds ns many
ont* now as she did ten yenrs ago. The
depend largely on tin* supply hack lu the
farmer*' hands."
More alarming reports of the spread of
the green bug post In the Southwest
sent lu yesterday than nt any time *»..
crop. The one carrying the greatest
weight wna from the Enid, Okla., agent of
the ,1. Rosenbaum Grain Company, who
wired: "Winds have scattered green hugs
over territory. Generally breeding fast
and working aggressively lu territory houUi
of Enid. Liable to be serious yet. Deni
rs bullish on hot weather nml bug datu
age report*. Weather hot nml wlmly."
A. J. White had bug-infested tampion ol
wheat from Ponca City, Okla., showing
every stage from mlciosooplc to winged
It Is the latter which nre being wide!;
scattered by the high southerly winds am.
which lav the eggs which later develop
e small Insect causing the most dam
e. It I* because of the color nml micro
iplcal size .of the dangerous younger In
i*t that his presence In n field is seldom
..(covered until It Is devastated nud the
winged Insects have mostly gone on. Har
vey Williams reported lots of bug*
around Coffeyvllle, several fields being
spotted.
One of the prominent grain houses o
Kansas City sent out the following; "W«
are becoming alarmed at the progress mad*
by the green bugs durlug the Inst two
nre n fra Id
„ _ to destroy
Insects In the next few days they
will take the Oklahoma wheat crop ns they
CROP DAMAGE REPORTS
commoETopour ii
Have a Tendency to Convert
Many Bears Into
Bulls.
Chicago. March 27. tt -Trn(lo In wheat was
cautious, owing to conflicting reports. The
market closed %c off to %r up for wheat.
Corn was %e off to %c un. Oats %©%e
higher, and provision* 20®62%e up.
Primary receipts of wheat 380,000 bushels,
compared with 445,000 bushels a year ago;
corn. 864,000 bushels, against 640,Odd .bushels
Clearances 62.000 bushels wheat and 507,000
bushels corn; no ont*.
WEATHER REPORT.
WEATHER CONDITIONS.
Cash sales of wheat here were 10,000 bush
•Is. corn 75.000 bushels and oats 90,030
bushels. The seaboard reported 12 loads of
wheat, 6 loads of com and 110,000 bushels
not of oats.
CHICAGO GRAIN MARKET.
for today follow;
did the Texas crop."
N0RTHWE8T CARS.
Ilnneanoll
Duluth ii
ALONZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building. Bell Phone, Main &&
ATLANTA. GEORGIA.
quart; Wan,, $3.00 ernto; Engllah peas, $.’.04
crate.
GROCERIES.
RICK—.Tap 505%c; head 6q7c; faucy head
6 l *1i7. according to the grade.
CHEESE—Fancy full cream dairy, 16**0;
twins. 16%c.
SUGAR-Standard granulated $5; New
York refined. 4Hc; plantation 4**o-
COFFEE-Roasted Arbuckles $16; hulk iu
ags ami barrels. 12c; green 11012c.
Hhrdedded biscuit. $5 caae; No. 2 rolled
not*. $3 case. Hack grit*. 96-pound hag*.
$1.65. Oyster*, full weight. $2 case; light
weight, $1.1» case. Evaporated apple*., f**.-
pound. Pepper, 18c. Baking powder*. $5
case. Red salmon, $5 case. Pink salmon
$4.35 case. Cocoa, 40c; chocolate, 33c; snuff,
pound Jars, 48c. Roast beef, $2.60 case
orned beef. $2.60 ense. Catsup, $1.9*1 ca*»».
Sirup, New Orh-anw. 35c gallon; corn, 30c
gallon: Cuba, 35c gallon; Georgia Cane, 35o.
Sale. 100-pout«!. 80c. Axle grease, $1.75. Soda
crackers, 6 l »e pound; lenmii 7%c; oyster 7c.
Barrel randy, i***-' pound. 6e; mixed, per
r Mimi. 6%c. Tomatoe*. 2 pound, $1.90 case;
potiinl. #2 25. Nav} Ik-iiIi*. $2; Lima beans,
5c. Best matches, per gr«*i*. $1.65. Maca
roni. 6%4l7c per pound. Sardlue*. mustard.
$3.25 cane, potash. 83.25413.8) case, pennut/t.
Rope, 4 ply (*011011, 18c. Soap, $1.5001
PROVISIONS.
PIIOVI8IOX8—Supreme hams. Call-
lornln ham*. 11.0*: dry **nlt extra ill s, 9.29;
belMes 2i]6 pounds, f:»t Ihja. 7.95:
plate*, s.55: Huprcum lard, 9To- Purity
w-mpe-nd.
LARD—
May... 8.80
July.... 8.80
Sept... 9.00
SIDES—
Mhv... 9.57%
July... 8.75
Sopt
8.72%
8.90
8.95
LIVERPOOL GRAIN MARKET.
Wheat—Opened quiet unchanged; at 1:30
;i. ni., iiiichnngiMl to % lower; closed uu-
•hanged to ■% lower.
Corn—Opened quiet unchanged; nt 1:30
». in., % lower to % higher; closed %&%
THE SUGAR MARKET.
don beets quiet; March and April 9* 3d.
The nron of lowest pressure that wa«
centered over Nebraska yesterday has mov
ed northeast nml Is central this morning
over northern Michigan; Its advance has
caused a general decrease In air pressure
over the eastern half of the map except In
New England.
the country today, with considerable clomll
Rain was falling nt 8t. Louis and Cincin
nati, and snow at Miles City, Mont. No
rain lias occurred south of the Ohio In the
last 24 hours.
The temperature has risen nt nearly nil
stations cast of tho Mississippi, while In
the Missouri valley, Kansas and northern
Texas lower temperatures prevail.
The present outlook favors fair weather
In this section tonight and Thursday; con
tinued high temperature.
Minimum and Maximum Temperatures
and Rainfall.
Observations taken at 8 a. tu., 75th meri
dian time.
CLEARANCES.
Clearances: Wheat 31,000 bushels; flour
7,000 barrels; com 608,000 bushels; oats 70
bushels. Wheat and flour equal 63,000 bush
els.
CHICAGO CAR LOTS.
Today. Totnor.
NAVAL STORES.
Rosin firm; sales, 1.072; wn-
ATLANTA. . .
Abilene
Amarillo. . . . ,
Asheville. . . .
Augusta
Birmingham. . ,
Bismarck. . . .
Boston
Buffalo
Charleston. . .
Charlotte. . . .
Chicago
Cincinnati. . .
Corpus ChristI.
Davenport. . . .
Dodge City. . .
El Faso
Fort Smith. . .
Galveston, . . .
Havre
Huron
Jacksonville. .
Kansas city. .
Key West. . .
Nashville. . .
New Orleans. .
York. . .
Norfolk. . . .
North IMatte. ,
1'a lest I ne. . . ,
l’Ittshnrg, . .
l’nrt In ml. Me. .
Portland, Ore.
Rapid city. . ,
Sf. Louis. . . ,
st. Paul. . . .
San Francisco.
Hnvannnh. . . ,
Spokane. . . .
Tampa
Tflylor
Thoninsvllle. ,
Washington. .
Wilmington. . ,
Nashville. Missouri Pacific may hnv
sharp upturn. New York Central I* held
between 113 nnd 120. Northern Pacific ought
to lie bought on recessions. Pennsylvania
shows tendency to reach higher prices.
Reading may go tc par. It should bo
bought for Investment. Union Pacific meets
stock around 132. United States Steel pre
ferred should lie bought for lit vestment.
Frightened Shorts Bid Ac
tively For Large Blocks
of Stocks.
New York. March 27.—Today's market
stinted off with the conviction that the
developments of the last few days in.
turned the current of financial affair*
from its downward course. The dlsturban.>
which threatened at the close of last week
In the foreign securities dealings failed
materialize. The Loudon settlement be*
today, ns predicted reaterday, (llsclom-o
serious feature*. Further reflection
the treasury relief measures confirmed tin*
opinion that these would be effective In
tiding over the uncertain pe.lod of the g*t.
tlenient and of Insuring besides compara
tively easy money conditions for some time
ahead. Mnally attention could not fail to
be directed' to the altered tone of the
Washington dispatches, where the Wall
street situation was uo longer lightly treat
ed as an "affair of speculators," but .ia
something which. If not corrected, might
lend to serious unsettlement In Individual
conditions. The favorable Impression creat
ed by these various happetiingg was
been more orderly.
Our market quickly adjusted Itself ft
higher level nnd made further advances
V?h!l" I 3!e n, 5*?5n l 7 1, hn« “MwPon*th» advance.*!™? 1 'it'm™
midday the early gains had been greatly
reduced, and. lu some cases, wiped out
altogether. The announcement that John
p. Rockefeller's Stnmlnrd Oil lind won an
Important victory of European competitor*
•‘•suited in sharp advances In stocks In
3\all street this afternoon. The Standard
•cording to The Pall Mall Gazette,
good rail*, such ns Pennsylvania, Haiti
more and Ohio, Ixminvllie and Nashville,
Northwest, Atlnntlc Coast Line, 8t. Paul,
Atchison nnd Union Pacific.
Cotton has had a good rally, nnd
strong spots we recommend Its sale.
Wheat Is not u buy except on sharp
THE COFFEE MARKET.
New York, March 27.—Coffee rabies:
Havre due to come about % franc lower.
Opened unchanged anil nt 12 noon still un
changed from the opening; sales 11,000 bags.
Hamburg aliened % pfennig lower; Rio
No. 7 quiet 25 rids lowerr Hantoa 50 rids
lower; exchange unchanged. Weather;
Sno Paulo cloudy; Hno Manoel fine.
Port receipts 66.000 bags. Including 22,000
lings nt Rio a ml 44,000 bags forthree days
at Santos, against total of 47,000 the pre
vious day nml 13.000 last year. t ^ .
Sno Paulo receipts 50.3'JO, against 9.300
last year; Jumllnby receipts 31.000, against
6,000. Stocks at Itlo and Santos 3,406.000
‘ [igs, against 818,000 same time last year.
The following figures give the opening
range and close of the New York coffen
market for today:
January ..
February .
March .. ..
April .. ..
May
June .. ..
July
August .. .
September
Opeuing
Range.
..5.85-5.95
”.5.80-5.95
..5.80-6.95
..5.80-5.96
..5.70
..5.75-5.80
<.6.75-830
..5.75-5.80
..5.75-6.80
.. ..5.70-5.85
.. ..5.80-6.86
Close.
6.65-5.70
5.70- 5.75
5.70- 5.80
6.75- 5.80
5.75- 5,
6.60- 6.65
5.55-6.60
. 5.55-5.60
5.60- 5.65
Closed bandy stonily. Sales 59,250 bags.
MINING STOCKS.
Boston, Mtiridi 27.—Opening stocks: North
Butte 86. Osceola 121%. Isle-Royal 19'al3%.
La Halles 17, Shannon 17%, Calumet 825,
Old Dominion 46%.
COTTON SEED OIL MARKET.
lug quotation* of the Now York cotton
oil market.
Opening. Closing.
March 43%047 45 047
April 43%t>44% 44 045
May 42%042% 43%044ty
July 42*4042% 43% 4? 13%
Hcpteinlmr 41 ‘4042 42 042%
October 37 03SV4037 039
Closed quiet nnd steady.
THE LIVE STOCK MARKET
Chicago, March 27.—Hogs—Receipts 17.-
COO.
■ffPPMHOTPM .. ..
Market 5010c higher; light $6.1006.32%;
; ■rough
mixed $6.6606.32%: heavy $5.9506.30; ■run
$5.9506.10: pigs $5.500420; yorker* $6,250
6.30; good to choice heavy $6.2006.3').
Cattle—Receipt* 13,000. Market 10c high-
•; beeves $4.1006.75; cows $1.7004.80; bclf-
•s $2.7005.35; calve* $507.50; good prime
vers $5.6*06.75; poor to mcimmi $4,100
5.35; stocker* ami feeder* $2.8004.85.
Sheep—Receipts 13.000. Market strong:
ngu
8.0.
forced the combination formed by nn im
portant group of German, Hungarian. Rm.
slim, Dutch and nrltlsh capitalists, to come
to an agreement nt practically It* own
terms. '| hi* rival combination was form
ed with the approval of the German gov
ernment, and was organised with the ex-
press purpose of fighting the Standard Oil
Conipniiv In the European field.
New York. March 27.—The stock market
opened nt general sharp advances. Smelt
ers opened 4% higher, Unnndlnn Pacific 3%.
Northern Pacific 2%, Baltimore and Ohio
2%. Anaconda 2. Erie 1%. Union Pacific 3 s *.
New York Central J%. Great Northern pre
ferred 2%. Amalgamated Copper 1%02% and
Reading 1%. New York Central gained an
additional %. making 1% In all.
At the end of five minutes* trading,
AmaIgnmated gained 2% i n all. Reading
1%. C nmidlnii Pacific 4 nnd Anaconda 4.
The general market retalued the Initial
Improvements.
MONEY AND EXCHANGE.
New York, March 27.—Money on call |
306 per cent; ruling rate 31-2.
Posted rates: Sterling; exchange I
$4.800 4.84 1-2, with actual business In
bankers’ bills at $4.83200)4.8325 for de
mand and $4.78500*4.7865 for 60-day I
bills.
Bar silver 66 3-8c. London bar sil
ver steady and unchanged at 30 13-16J. |
Mexican dollars 51c.
Government bonds unchanged.
Railroad bonds irregular.
The demand for time money was I
lighter and quotations were largely |
nominal, owing to the disposition **
borrowers to await developments, t:
they may be influenced by the reload
of from $17,000,000 to $20,000,000 In this |
city in the next few days.
Thirty and sixty-day funds are 6 p r I
cent bid and 6 1-2 asked, as against j
6 1-207 yesterday.
There were rumors of some long
time loans being effected ut below <> I
per cent.
THE LONDON 8TOCK MARKET.
2pm(-los
THE METAL MARKET.
New York, March 27.—At tho metal ex-
hiiiigo today uu irregular tendency was
howu, nlthough It Is quiet. (Quotations for
copper were reduced %e III Like, while
electrolytic and casting were dowu %c both
ways.
decidedly firmer at ail luiprov
PRIMARY MOVEMENT.
380,000 bushels,
against 449.000 bushel* Inst year; shipments
todnv 1S4.»00 bushel*, against 212.00U biish-
I* hist
galh*t
today 436,000 bushels,
1* last ye
against 266,000 bush
U H. Fairchild. 8. J. Wh
L. H. FAIRCHILD & COMPANY.
NEW ORLEANS.
Member*,
New Orleans Cotton Exchange, New York Coffee Exchange,
New York Cotton Eschanae. New Orleans Board of Trad^
New Orleans Stock Exchance, Chlcaco Board of Trade.
LIVERPOOL COTTON ASSOCIATION.
Priests wires to NEW YORK onJ CHICAGO. Orders soHetled for I
tor, dellesry, u .hove Exchances. B. C. COTHRAN.
* COTTON AND STOCK'
Orders can be sent to New York In only
two legal ways, viz.: over the public
telegraph wires or by mail.
\Vs» linvn Avurv f.i'llllv t
times courteous, nnd orders are exe
cuted aud reported promptly.
\Ye solicit corespondence and will
have our representative call personally
on those Interested.
Clark Goodman & Go.
‘20 Broad 8treet, New York.
Anaconda ’
Atchison
do, preferred
Baltimore and Ohio ..
Cuundlnu Pacific
Chesapeake and Ohio
Great Western
Illinois Central
Knrsns nnd Texas
do, preferred
Louisville nud Nashville ..
Mexican Central, preferred
New York Central
Norfolk nnd Western
Ontario nnd Western
Pennsylvania
Philadelphia and Holding .
Southern Pacific
Southern Railway
do, prefer!ed .*
St. Paul
Union Pacific
United States Steel
do, preferred
Wabash, preferred
| «"♦
RSV W*
... 93**|.
96% m
166\
89% i ■ m ,
25%$ 2U 25%
STOCKS AND BONDS.
106
Snhnnnnh 6s. 1909.
Macon 6s, 1910 jjji
Atlanta 5s. 1911 103
Atlanta 4%s, 1922 107
Atlanta 4s. 1934 105
Atlanta and West Point 163
Atlanta nnd West Point Debt*.. 108
Georgia -•’•*
C. R. of Georgia, 1st Income.... m
do, 2d Inc...
Augusta and Bavnntmb
Southwestern
Georgia Pacific, 1st
New York.
Baltimore.
Bceton. Chicago. Washington.
Atlanta. New Orleans. 3an Francisco.
PhlfadtlpMi
London.
HAYWARD, VICK & CLARK,
COTTON, STOCKS, BONDS, COFFEE, GRAIN AND PROVISIONS.
Csrondelst and Gravier Sts, New Orleans.
MEMBERS:
I New Orleans Future Brokers* AssocUtloa.
I New Orleana and Chicago Boards of Trad*
I New York Coffee Exchange.
I Associate Mcmh&s Liverpool Cotton Ass’*
New Torlc and Chicago Correspondents.
J. a. BACHE & CO., AND BARTLETT, FRAZIER A CARRINGTON.
MLVATE WIRES TO ALL PQU1T&
New Orleana Cotton Exchange.
New York Cotton Exchange.
Galveston Cotton Exchange,
llonston Cotton Exchange.
The American Audit Company
100 Broadway, New York City.
F. W. LAFRENTZ, C. P. A., Pres. G. E. MANWARINQ, Vie. Pres.
THEO COCHEU, Jr„ Secretary.
Tho American Audit Company, chartered under the laws of New Yotk.
la empowered to examine the affatra of, and make report* upon the finan
cial condition of private and public concern! for director., officer, and in
dividuals. Tho preparation and Installing of aystema a specialty.
ATLANTA BRANCH, 10151016-1017-1018 FOURTH NATL BANK BLUd |
C. B. BIDWELL, Resident Manager.
Telephone, Main 872. Cable Addrei., AmdIL New York, I
Third National Bank
Capital .... $200,000.00
Surplus and Profits $37S,000.00
DR. A W. CALHOUN,
MILTON DAIKIAN,
John w. on ant,
H. Y. McCOUU.
J. It. NUNNAIXT.
CARROLL PAYS*
E. B. HOMER.
DAVID WOODWARD