Newspaper Page Text
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THE ATLANTA GEORGIAN AND NEWS.
SATURDAY. APRIL 6, 133T.
PRICES IRREGULAR
AT THE
Undertone Was Steady, One
Point Lower to One
Point Higher.
EASED OFF LATER
Rallied and Closed Steady
Net 4 to 5 Points
Higher.
New York. April The undertone of the
loci cotton market at the outeet was
steady, with price* 1 point lower to 1 point
blither. After the call, the Mat was deprea*.
ed a trifle by arrival* of I1.6S7 bale* at
tlalreaton, or 4000 bale* more than had
been estimated.
The future* market In New York closed
firm, net 405 points hlcher, a* compared
with Friday** closlnit flaurea.
Comparative receipt* at all U. 8. porta:
Net receipt* today -Mm
Same day Inst year Jl.JM
iDCroflM*
Total receipt* since Kcplcmber L.... 1.091.10*
Same time last year O.we.OjS
Increase :’.JO,180
Estimated receipt* Monday:
1301.
New Orleans to 3.S00
Oalreston 4000 to «.M0
Houston 3,aOO to 4M0
Movement at Atlanta:
Receipt* today
bam* day last year
Decrease
shipment* today
Marne d*y last year
Increase
Stock on hand today
10.397
u.t‘40
4,507
SPOT COTTON MARKET.
Liverpool. steady; inlddlluy uytauds C.OOd.
Atlniitn. quiet; middling 10 1116
York, quirt; middling Ur..
a — •—«.!..lajj— J09-1GC.
I0J-K
[ 10tyc.
New York, quirt; middling
New Orleans. Arm; nilddlli
G*lre«t<ui, firm; middling 10 3-1-*.
Wilmington. *t«ady; middling 1'
Norfolk. steady: middling lie.
Baltimore. nominal; middling ....
* Horton, uulrt; middling lie.
!*h!!ndelpnln, quiet; middling JOtye.
Memphis. steady; middling IOtyc.
Houston, quirt; middling
Mnldlr, nonifnuf; middling JOtye.
Savannah, steady; middling’lOHc.
Charleston. firm; middling mr.
Augusta, quirt nud steady; middling lltyc.
TODAY’S PORT RECEIPTS.
The following tsldr shows receipts at the
K trts today, compared with the same day
»t fur:
NEWS AND GOSSIP
of the Fleecy Staple.
Special to The Georgian.
(From Hayward, Vick St Clark.)
New York, April 6.—J. H. Dacha Sc
Liverpool was due llilty lower on near and
lty«J2 lower on distant Opened <r ’ *
partial 1 lower on near and 1 lower __
tanf. Closed quiet and steady net 1 lower
on near and laity lower on distant. Spots
quiet and unchanged; middling 6.03d; sales
5.000 bales; American LOOQ; speculation uud
export 500: Imports 1,000. all American.
Liverpool at about parity; apots quiet.
The public refuses to come In either at
an advance or on a decline, Itt the mean
time, the market Is In the bands of a few
pit traders, who try to squeeze each other.
Weather conditions fairly * good. The
weather rasp from day to day will lead the
speculator. The movement will show a de
crease at the end of the mouth. Would sell
rp advances, hr*
tide very lopg.
lowing Is the statistic... ....
n on Friday, April 6. as made op by
New York Financial Chronicle
1907. 1906.
. 5.315.469 4.615,6
. 3,633,469 2.991.653
.. 163,588
..11,947,073 9,331/
.. 333.696 704/
Visible supply
American
In Might for week ..
Since September 1 .
Fort stocks
Fort receipt# .......
Export*
Interior receipts ...
Interior shipments
Interior stocks
Following Is the Liverpool cotton state
meut for the week ending AprIM:
Week'* sale* 37,000 67,000
Of which Atner... 33.000
For ezport 3,500
For speculation .. m 7oo
Forwarded 88,000 89,000 75,ooo
Total stocks 1.258.000 1,062,000 804,000
Ilf which Amer....l,130.000 946.000 739,000
Actual exports lMJg
Week's receipts .. 112.000 64.000 76,000
Of which Amer.... 7L0J0 36,22 •S’ZS
Itects since Sept. 1.3.832.000 3.073.000 3.286,000
Of which Ainer...3,l20|000 2,342,000 3,796,000
Stocks nfloat j»0.000 242.000 gMOJ
Of which Atner.... 234,000 187,000 193,000
ATLANTA MAJtKETB.
FRUIT AND PRODUCE.
56,000
!:too
>9,786
56.812
92,328
480,730
1906.
44.000
41.000
700
1.800
BOOS—Active,
LIVE
each
UIITP, I1C.
POULTRY—Hen* active, 45c
— 46c each; ducks,
geese.
New Orleans.
Galveston. . .
Mobile. ....
Savannah. . .
Charleston. . .
Wilmington. .
Norfolk
New York. . .
Boston
Fensncolit. . .
Totals.
INTERIOR RECEIPTS.
’l907~
Houston.
ttSft.
Total
6292
=2?
H AVWARD 6 V.CK* o Ci.ARK aTTER
New Orient)., April «.—Liverpool la
indifferent. Future* 1 lower ua due.
with a pot aalea amall. An advance waa
expected on the favorable vlalble aup-
ply atatement, but atneo the apot de
mand baa abated, price* do not move
unlea* forced by manipulative buying.
Mill receipt* are probably ao heavy thl*
week owing to the late forwarding*
over the holldaya. Our market opened
at about unchanged figure*, then gained
n few point*, particularly May, which
option aeemn to be tha focua of profea-
alonal Intention*. The helplessness if
ahort* owing to the acarclty of tender-
able cotton la about the only reason
for thla buying. On the whole, even
thla bulling waa very timid today, a*
weather condltlona aro ao favorable.
The apot market 1* quiet. Except for
cotton sold yesterday after hours, com
prising one Mat of about 1,»00 bale*,
there ha* been little dono today. A
firm cloalng In New York cauaed firm
ness here. The weather, which Is very
favorable, la tha beat thing to gnuge
the chance* of the market, as manipu
lation, even In old crop*, la lurgely
dependent for success on new crop de
velopment,. What we must guard
against, though, I* the propaganda to
get people to buy on small receipt* and
large export*, which are both exhaust
ed condltlona. _ _ _ ,
New Tork. April 6.—J. 8. Bach* *
Co.: Tho market waa very quiet with
out any particular feature. A alight
advance occurred on ring traders buy
ing July: at the aama time there was
some selling of October. There waa no
outside bualnea* to apeak of. Opinion
la considerably divided aa to tha Im
mediate courae of the market. Many
believe that It la a case of a big cro^
against big consumption at moderate
Dricea. Should the weather continue
good, a gradual decline might occur,
but on the other hand a apcll of bad
weather would bring about an advance
of l-4c a pound. Wo believe It la u
good policy to maintain a neutral posi
tion on the market, and if there la any
marked change In weather conditions,
would advlao following the advance or
decline. «
HESTER’S WEEKLY
COTTON STATEMENT
Secretary Heater’s weekly atatement
of the movement of cotton for the week
ending April 6 ahowa an Increase Into
night compared with the seven day*
ending thl* data last year. In round
figures. 17.000, a decrease under the
SESfday* yew before last of 84.000.
and an Increase over the same time In
1114 nf fif.OOO.
For the five day* of April the total
ahowa an lncreaae last year of 48.000. a
decrease under thr Mine period year
before last of 35,000 and an lncreaae
the same time In 1804 of 84,000.
For the fl7 day* of the season that
have elapsed the aggregate ts ahead of
the 817 day* of last year 8,880.000.
rh; chickens active, 8Mi4Sc each;
kin. Se each: puddle 28030c each;
II feathered. Cfc each; turkeys
io pound.
DRESSED POULTRY—<loese, undrawn*
[•tire, 1001214c prniDd; turkeys, undrawn,
active Iku20c pound; fries, active, 18029c
pound: lien*. 15c pound.
I'UODL’CB- Lards, 10c pound; hams, ac
tive. 1ST pound; ahoulder*. aellve, »c pound:
aides, aellve, 10e pound; butter, active, it
022140 pound: lieeavrai. aellve, 28c pound;
honey, lirlxnt. aellve. 6c pound; tamer la
I pntihd block*, aellve, l2o pound; dried
npplea, He pound: while pea a, nctlv* 82.2S
Im.hel; laily pen*, $3: aloek, 11.7882.16.
FlttllTH—Lemon., fancy Messena. to.SSO
6.60. Ilananaa, per bunch, cull*, actio, 90c
081; straights. 11.60412. Pineapple*. Florl-
dn stuck, per ernte. *3.00. Ornnae*. Florida
■took, owing In alae and condition on nr
rival, per box, 13.6004. Apple*, choice Hen
Davis, 84: f*ucy. 14.60; New tork .tote n|*
plea, winter varlellea, cholee, per barrel,
(404.60: fancy IS. Cntnberrle*. fancy dark
Cap* Coda, per Iwrrel, 112; Jeraays, III.
drupe fruit, Florldn *tock, owing to alxe
nml enlnr, .per liuj, 8803.60. Flor
ldn. atook. per hundred. |1. 1‘ennuta In aark.
ahead of the anmo days year before
last 1,349,000 and abend of 1906 by
8,894.000.
The amount brought Into sight dur
ing tho past week lias been 166,792
bnles, ngnlnst 138,444 for the seven days
ending thla dale last year, 246,709 ycur
before Inst and 79.182 anme time In
1904, and for the five days of April It
has been 132,832, ngnlnst 89,303 lust
year, 167,681 year before last and 90.481
same time In 1904.
Tho movement since September 1
Edited by
Joseph B. Lively
MARKETS
Mr. Lively's twenty-flvs
years’ experience of ed
iting markets In'&tlaata
and the South has made
him a recognized au
thority Io his specialty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
NAME OF STOCK.
Amalgamated Copper . . . .
Atluutlc Coast Line ....
American Hugar Ref
Anaconda .....*•••*
American Locomotlvs. . • .
do, preferred
Am. Smelting Ref.
do, preferred
Atchison
do. preferred . . •
American Cotton Oil
Am. Car Foundry
Baltimore Sc Ohio
Brooklyn Rapid Tran
Canadian Pacific .. . • • •
Chicago sod Northw n. . • .
Chesapeake Sc Ohio
Colorado Fuel Sc Iron. . . .
Central Leather
do, preferred .
Chicago Sc Great W. . • . .
Chicago, M*. Sc 8t. P.
g rin tram Sc Iludaoo. ....
/■tiller’s Securities. ....
Erie
do, preferred .
General Electric ......
Illinois Central
Am. Ice Bccurlttes . • . . .
Louisville St Nssbvlllt. . . •
Mexican Central
Missouri Pacific
NAME OF STOCK.
Ional Lead. _ .
Jorthern Pacific. .
New York Central.
Norfolk & Western.
Pennsylvania. • . •
Pacific lull. ......
Reading.
Republic Steel. • • • •
Rock Island. ......
do. preferred, • • .
United Elites Rubber,
do. preferred. . . .
Sloss-Shefflcld
Tenn. Coal Sc Iron.
Texas Sc Pacific. .
Union Pacific.
United States Steel,. . • J • ,
do. preferred
Va.-Car.ChemlcaL
do. preferred
Western Union. .•••••••
Wabash „
do. preferred
Wisconsin Central
do. preferred
NEW YORK.
The following Is the range In cotton fu
tures lu New York today:
i
|
a
li
1
0
a
Anrll. . . .
June
July
Aug
Sept. . . .
Oct
Her
Jim
9.49
'h'.M
9.6rt
9.63
9.81
9.89
10.04
‘9*53
L 84
9.61
9.63
9.87
9.95
10.10
9.47
9!57
9.60
9.62
9.81
9.88
10.03
9.53
*9!62
9.61
9.6J
9.87
9.96
10.10
mum
9.3335
9.48-49
9.51-53
9.58-59
9.60- 62
9.61- 53
10.06
Closed Mcitdy.
LIVERPOOL.
The following figures give the opening
nnge and dose*, compared with yesterday:
April
,TF
5.61ty
..6.60
May-June .
June-July .
July-August
Ajiguat-Septeuitar
Heptemtar-Oototar ...6.56
Of tnhor-Novemher ... .5.52ty
Novetutar-December .6.53
Dccemtar-Jaiiuary ....6.62
Jnnunry-Pehruury 5.54
Closed steady.
5.63
5.61
5.60
6.57ty
5.66
5.64
5.64
5.62
5.61
lii’
2 5.53%
NEW ORLEANS.
The following Is the range 4n cotton fu
tures In New Orleans today:
6
1
£
S
1
n 1
d
April. , . .
June
SKy/.; 1
io!::.
10.27
10.18
10.23
10.25
ioi‘-
io.si
10.22
10.24
10.25
i&24
mM
10.16
I'M!'
10.25
.....|10.I1
10.31 10.31-32
10.3143
10.33 10.33-34
110.2941
.... 10.23-25
10.2110.20-21
10.22 10.21-22
10.25 10.2840
10.23
10.22-23
10.24
10.26-27
10.22
10.18
m
i
1
NOTES ON GRAIN.
Pointers on Provisions.
Special to The Georgian. >
(From Hay word, Vick Sc Clark.)
Chicago, April 6.—Bartlett, Frasier Sc Car
rington: The crop report! appeared to car-
conviction yesterday nml the trade on
e Ityc advance was the largest In tunny
.. duy, with the Interest broadening. tack
of iiinple precipitation la likely to tat-ome
gtenter factor than the green Imp.
i flic two, the market will Ite in
(tied Mtnte, with fluctuations enough
to suit any trader. Perhaps the hull side
oil the breaks Ih the best tor the present.
Com him seen bottom fofr the present.
Receipts .ire moderate, the domestic de
mand better and the opening of naviga
tion will cut Into local stocks. The West
not look for mack movement from
now on.
OatM are being affected by crop Hewn,
and Interest Is lucrcanlng lu the July and
cptember. Would buy these deliveries on
’^he*Chicago Record-Herald; Ohio’s April
•rop report as wired by King, of Toledo,
makes the wheat condition K7. ns com-
sired with 101 In April, of last year, nml
at harvest, when 43,000,000 bushels were
shows receipts nt nil United Htntes produced. The acreage sown for this crop
nortH 9 069 221. ngnlnst C,790.704 lust "’«» about the same as for the last. The
-V.r» nn vMr 1,4‘fnre Inst nn l amount of wheat In farmers bands April
.. yoHr i io2i° 1 was 8.5no.noa bushels, as compared with
6,739,092 same time In 1904. Overland .. — *r.a**.,***
across the Mississippi, Ohio and Po-
loutnc rlvar* to Northern mills nn-1
t'nnndn. 1.026.695. ngnlnst 793.569 hut
year. 852,022 year before Inst and 876,-
024 same time in 1904: Interior stocks
In excess of those held nt the close of
the commercial year 349,789, against
34,079 last year. 486,158 year before
Inst nnd 219,249 same time In 1904;
Southern mills takings 1,703,000.
•gainst 1.600,276 Inst year, 1,505.897
year before last and 1,420,551 same time
in 1904.
These make the total movement for
the 217 days of the season from Sep
tember l to date 12.148,705. ngnlnst 9.
628.618 last year. 10.799.017 year before
last and 9,254,916 same time In 1904.
Foreign exports for the week have
been 201,162, against 155,692 last year,
making the total thus far for the sea
son 7.126,991. against 5.204,825 last year,
an Increase of 2.011,166.
Northern mills tuklngs nnd Canada
during the past seven days show an
Increase of 7,028 as compared with the
corresponding period last year, and
their total takings since September 1
have increased 234,463. The total tak
ings of American mills—Worth, South,
and Canada—thus far for the season
have been 3.925,922, ngnlnst 3,594,140
Inst year. These Include 2,184,958 by
Northern spinners, against 1.950,495.
Htocks at the seaboard and the £9
leading Southern interior centers hav
decreased during the week 1-6.78
bales, against a decrease during the
corresponding period last season of
103,692, and are now 132,938 lurger
than at this date in 1906.
Including stocks left over nt ports
and Interior towns, from the last crop
And the number or bales brought Into
sight thus far from the new crop, the
supply to date Is 12,446,475, against 9,-
973,149 for the same period last year.
WORLD'S VISIBLE
SUPPLY STATEMENT
The world’s visible supply of cotton,
compiled by Secretary Heater, of the
New Orleans Cotton Exchange, for the
week closing April 6, shows a decronse
of 83.803. ngnlnst n decrease of 118,039
last year and a dccrease-of 20.07S year
before last.
The loud visible Is 5,315,216. against
5,378,818 lust week, 4,535,457 tail year
and 4,207.151 year before Inst. Of this
the total of American cotton Is 3,883,216,
against 4,007,818 Inst week, 3,002,457
last year and 2.985,151 year before last,
and of ull other kinds. Including Egypt.
Ilraxll, India, etc., 1.432,000. against
1.371.000 last week. 1.533.000 last year
and 1,222.000 year before last.
The total world’s visible supply of
Cotton, as above, ahows a decrease com
pared with last week of 63,602, an In
crease compared with last year of 779,-
769, and an Increase compared with
year before lust of 1,108,066.
Of the world's visible supply of cot
ton. ns above, there Is now afloat and
held In Oreat Britain and continental
Europe 3,016.000. against 2,182,000 lust
year and 2.078,000 year before last: In
Egypt 192.O00, against 161.000 last year
and 204,000 year before last; In India
757.000, against 997,000 last year and
782.000 year before last, nnd In the
I'nlted Htntes 1,321,000. ngnlnst 1.195.-
000 last year und 1,196,000 year before
last.
ALONZO RICHARDSON 8c CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building. Bell Phone, Main&X
ATLANTA. GEORGIA.
6,000.000 ImihIioIm ii .renr ngo, nml 15,000,000
IiunIiHm on M»»» government figures of Mnrcb
1. t'omlltlon of corn In orTba now In 93.
iignliiHt 95 u yenr ugo. Growing rye crop
MAY WHEAT OPENED
A FRACTION LOWER
Market Did Not Enthuse on
Flood of Bug Damage
Reports From Kansas.
Iomcm of ty1f?4c for tho tiny. Corn lost tyf#
tyc. Outs were off tyQtyc nnd provision! 10
ir.Ttyo off.
('null mile* hero wore 5.000 liti*hol* wheat.
75,000 liimbols corn uud 50 ImikIicIm oat*.
The sonlMMird reported three loads wheat
ami three loads of corn und 150,000 bimbol*
wheat nnd ont*.
Primary receipt* wheat 643,0)0 liu*hel*
and corn 685.000 iMi*helg, compared with 3<if>,-
O00 nud 432,000 liutdiclg respectively a year
"Viearnnce* for the day; 220.000 IhinDc)* of
wheat. 499.000 bushels of corn uud 11,000
buidifl! of oats.
port.
Jonal tban the state re-
r . conservative hanker at Tlfftln
wired l.oguii liryuii that after n thorough
examination of the crop of the state, the
damage could Im safely placed at fully 20
tier cent. A. J. White had mi estlir
from mercantile circles Indicating that
best wheat sections of the state would not
raise over a half crop.
L. H. Hoyt, the crop expert, who ts out
for W. II. take, reported the discovery of
hugs yesterday nt Parsons. Kaus.. or with
in 10 miles of Newton, where Captain J.
M. Phillips was reporting no bugs- and
wheat pros|H>ets fine. Hoyt said the ludl-
cations were that the bugs bad Just enter
ed the fields examined. Kcdgwlck. Kit us.,
also In nu Important wheat country, nml
near the center of the state, reported bugs,
nrlnlido, oktn., In a report forwarded to
W. N. Warren, said that 90 per cent of the
wheat was gone; Kdtuotid ami Muibsll total
loss.
The Minneapolis flour output last week de
creased 2,400 Imrrels. said The Northwest
ern Miller. The quantity turned out was
267,360 barrels, ngnlnst 286,015 tmrrels In
1906. This week n larger milling capacity
Is In motion, nml the oiitjiut should show
conslderhhle Increase. However, the car
situation Is very had, nnd some of the
mills may restrict their operations from
this cause. The flour market Inst week
was featureless. Buyers, Indifferent, con
tended for lower prices uml usually took
flour only In a small way. It was a hard
tight with most mills to do any reasonable
amount of business. Foreign trade was al
most a blank, Europe showing lit Go in
terest In flour uml bids were not numerous.
In North Dakota tho weather for the week
has been mild nnd plcnwiit. and. with con
siderable wind, the snow has dlHsmienrad
verv rnpldlv. This Induces belief that Wheat
may he gotten Into the ground compara
tively early In the North. Conditions nre
reporttMl qiiltc favorable In the Red River
valley, where for three seasons the wheat
crop‘tins lieen small, owing to cxcoiwtye
moisture In. the spring. More than the
usmit amount of plowing wnn done hist fall
In the valley and other parts of the North.
SPINNERS’ TAKINGS
AMERICAN COTTON
Hecretary Hester gives the week’s
takings of American eotton by spinners
thrnughnnt the world us follows, in
round numbers:
Tills week 291.000 tills year, against
258.000 last year, 271,000 year before
hist.
Total since September 1, this year,
9,181.000. against 8,167.000 last year
and 8,262,000 the year before.
Of this the Northern spinners and
Canada took *2.165,000 bales this year,
against 1,950,000 lust year, and 1,775,-
000 the year before; Southern spinners
1.741.000. against 1,644,000 last year and
1.534.000 the year before, and foreign
spinners 5,255.000, agulnst 4,673.000 last
year and 4,953,000 the year before.
WEEKLY CHRONICLE’S
R EPORT ON WEATH ER
New York. April 6.—“Our advices by tel
egraph from the Month denote _ that the
weather
CHICAGO GRAIN MARKET.
Chicago grain nnd nrovlalona quotations
for today nre na follows, compared with
yesterday’s close:
Open.
WHEAT—
May 77 7
July TVty
Sept.... SOU
CORN—
May 46
July 46H
"a™- 52
k 1 I
46*4 46?4 46
46ty 46% 46U
47 46% 46%
.fc Si Si « » Si
l^ept 33% 3Sty 33ty 33ty 33ty
PORK—
May... 16.10
July... 16.10
LAKD-
Mny... 8.S5
July... 8.95
Sept... 9.07ty
RIBS-
May... 8.55
July... H.77ty
Sept... 8.80
16.10 15.85 15.85
W.Kti
15.95
15.96
8.85
8.77ty
*
8.95
8.85
8.85
9.07ty
8.W4
8.97ty
8.55
tl.Htt
8.5fl4
».77H
8.70
8.77ty
8.80
8.75
8.75
8.92}
9.UJ*
9.12}
S.62ty
M.80
8.87ty
LIVERPOOL GRAIN MARKET.
COTTON MOVEMENT
DURING PAST WEEK
Folluwlng Is the movement of cot
ton for the week and season as com*
piled by Superintendent King, of the
New York Cotton Exchange:'
Weekly Movement,
This year. East year.
Port receipts 110,127 113,955
Overland to mills
and Canada 18,419 17,537
Southern mill tak
ings (estimated) ... 44,000 39,000
Gall) of stock at
tntortur towns 12,749 32,693
137,799
Total Crop Movement.
Port receipts 9,069,761 6,833,839
Overland to mills
nnd Panada 1,022,508 785,221
Southern mill tak
ings (estimated). 1,759,000 1,614,000
Stock at Interior
towns In excess of
September 1 345,792 317,816
Brought Into sight
thus far for sea
son 12,197,061 9,550,876
Note—25.775 bales deducted from
overland from tho season.
WEATHER REPORT.
STATE* FORECAST8.
Georgia nml South Cnrntlna-Fslr sod
•lightly colder tonight: Sunday fslr,
Alabama—Fair tolilght; Sunday Increasing
cloudiness.
• weather'conditions.
Cloudy weather prevails nt most stations
todny and ruin was falling this morning at
Savannah. Charlotte, Wilmington, North
1 Huron nnd Portland. Ore. Heavy
rainfalls occurred at Birmingham, Meridian,
Mobile, Nashville* Kufaulu, AJn., Monte-
auina und Butler. Gn.
The pressure Is still very unevenly dis
tributed; the storm that was central In
the lower Mississippi valley yesterday
morn ng passed over this section early this
morning nud Its center Is now In eastern
North Carolina. A second area of loir pros-
suro covers the custom slope of the ItiH-k-
ies; its trough extends from mirtherii Mon
tana Into southwestern Texas. The highest
pressure is over the Great takes and Is ac
companied l»y lower temperatures. In the
Inst 24 hours the temperature has fallen
east of the Mississippi except on the south
Atlantic const.
The conditions now prevailing Indicate fair
weather In tills section tonight and .Sunday,
slightly colder tonight.
TIPS FLASHED
From Wall Street
New York Flnnclal Bureau: Amalgamated
should work higher* Its technique being
rent strong, with Information bulllab.
Higher dividend talk Is heard for Southern
Pacific, hut It Is attractive at the level n *“
5 per cent rate, and should be bought
We see no reason why Union Pacific
should not go higher, though we doubt the
accomplishment of the tipped 150 level Just
at present.
Reading uuiy he taught for turns on re
actions. as the shortage Is still large, but
daily operators ought to be active and alert.
Rumors of n 10 per cent dividend, submit
ted some days ago, still circulate with re
spect to Smelting, which will meet a good
deal of stock toward ISO.
Bull talk Is heard on Anaconda, which
must first take some 65 level offerings be
fore much tatter levels are reached.
Atchison displays continued upward tend
ency, being taught on the 6 per cent dirb
dond rate.
Home stock appears for sale now In Brook
lyn toward 64. hut It may be.bought for
turns on fair reactions.
We understand considerable stock Is of<
ferlng In Great Northern preferred above
14).
Temporary proflt-tnklng will he found on
further bulging in Missouri Pacific.
New Y’ork CeutroJ could he worked a lit
tle higher without* much opposition now.
Around 140 Northern Pacific will find con
siderable long stock, we understand.
Pennsylvania’s trend la morrf strongly
upward.
United Htntes Steel preferred Is bought
for Investment.
The list generally Is nearing a recession.
Town Topics: The market promises to l»e
strong today on the hank statement out
look. but In view of the extent of the rise
we would advise against buying stocks, ex
cept on n good reaction. This Ts long over
due, hut persistent selling by certain tanrs
on the recoveries has kept stocks In good
deiunad. The considerable Investment ab
sorption has decreased appreciably the float-
lug supply of some Issues.
Professionals nre ready to Join such a
movement which should be of greater ex
tent than otherwise, by reason of the .Iona
continued rally. HVveral factors that will
lend themselrea to tanrlsh operations, such
ns the suggestion by Hnrrlumn counsel be
fore the Interstate commerce comniisslou
yesterday, that that Iwxly probe Into the
affairs of the Peunaylanln. Rock Island
and other systems, they would find similar
conditions existing as arc charged against
Union Pacific.
The higher Interest* will lend to reflec
tions thnt corporations’ credit has been se
riously Impaired and that money is cheap
“* “ * “’“‘it kind of collateral
• banks are proceed-
soon to be absorbing attention,
while signs of business reaction are beiug
seriously looked for. Ho we advise buylug
only the tast stocks on sharp decline*
from present levels, turning quickly when
THE COFFEE MARKET.
New Y’ork. April 6.—Coffee cables:
Havre steady: noon unchanged; sales
6.000; Rio receipts 88,000; stock
steady.
757,000;
Hnutos receipts 41.000; stock 2.693.000;
ket barely steady.
Hno Paulo receipts 46,000; Jundlohy re-
dot* 31,000.
The following figures give the opening
rage nnd close or the New Y’ork coffl
market for today
January ..
February .,
March .. ..
Anrll .. ..
May
June
July
August .. ..
September
October ..
Opening
Range.
..5.70-5.80
..5.70-5.85
, ..5.75-5.85
..5.75-5.90
..5.85-6.90
..6.75-5.85
..6.75-5.80
, ..5.70-3.80
. .6.66-5.73
. .5.65-5.75
..5.63-5.75
. .6.70-6.75
Closed steady. Hales 18,000 lings.
Close.
5.60- 5.65
6.60- 5.65
5.65- 5.70
5.70-5.75
5.75 5.80
6.65- 5.70
5.65- 5.70
5.606.65
5.55- 5.60
5.55- 5.“
5.65- 6.65
5.60- 6.65
Minimum and Maximum Temperatures M’CULLOUGH BROS.’ FRUIT
and Rainfall.
Observations taken at 8 a. in., ?5tb merld-
lau time.
ATLANTA. . .
Abilene. . . *
Amarillo. . . .
Asheville. . . .
Augusta. . . .
Birmingham. . .
lllstnnrck. . . .
lies ten. . . ,
Buffalo
Charleston. . . ,
Charlotte. . . .
Chicago. . . .
Cincinnati. . .
Corpus Cbristl.
Haven port. . .
Hodge City. . .
FI ras«». . . .
Fort Hniitb. . .
Galveston. . .
Havre
Huron
Jacksonville. .
Jupiter. . . .
Kansas City. .
Key West. . .
Knoxville. . . .
I .os Angeles.
Macon. . . .
Memphis. . . .
Meridian. . . .
Miles City. . .
Nashville. . . .
Now urleau*. .
York. . .
Norfolk. . . .
North Platte. .
Omaha
Palestine. . . .
Pittsburg. . . .
Pnrfl-ud, Me. .
Portland, ore. .
Rapid City. . J
Ht. Isolds. . .
St. Paul
San Francisco.
Kivanuali. . . .
Spokane
Titiupi
Taylo
rampn. ....
J’aylor. . . .
Thomnsvllle. . ,
Vicksburg. . .
Washington. . ,
Wllnifhgton. .
:$S
J. B. MAKUUUY
CHICAGO CAR LOTS.
_„e receipts of grain In car lots today
and estimated receipts for tomorrow are as
follows: _ ,
Today. Tornor.
Wheat 12 15
Corn 27H 298
oats. IM 191
Hogs, bead 130)3 35000
COTTON SEED OIL MARKET.
Following Is given the opening nnd clos
ing quotations of the New Y’ork cotton seed
oil market.
Opening. Closing.
April 45ty 47
Mar 45ty 46
July 44ty 44%
September . 43ty 44
Or toher 39% 4)
Ibseuitar. . . 35% 36
Closed firm.
- Jjr
Bains have b . .
and. ns a rule, have lieen tanefieial. __
i-old wave reported from sections, but no
complaint of damage Is made. Farm work
Is making good nrogresp. nnd the pnttlug
In of seed In being
mhny districts.
quite genera!
actively prosecuted In
NAVAL STORES.
Special to Tho Georgian.
Savannah. April a.— 1 Tunwntlne Aim at
67ty; sales 20; receipts 307.
Rosin firm; sales 907: receipt* 848: water
white 65.65: window glass 6*V60: 31 6».H;
N *5 23; K 15.20: I H75: II $4.<2ty: G U.«2ty;
V $1.40; L «!.37ty; B $4 55; C $4.1).
HAYWARD, VICK & CLARK,
COTTON, STOCKS, BONDS, COFFEE, GRAIN AND PROVISIONS,
C.rondelst and Grevl.r St** New Orl.an*.
MEMBERS:
I New Orleans Future Brokers' Association.
New Orleans and Chicago Boards of Trade
New Y’ork Coffee (exchange.
Associate Mem tars Liverpool Cotton Ass'*
New York and Chicago Correspondent!.
J. t. BACHE & CO., AND BARTLETT, FRAZIER & CARRINGTON.
PRIVATE WIRES JO ALL POINTS#
AND PRODUCE LETTER
Atlanta. April 6.—Apples continue to main
tain n high range of values, espeelnlly goods
of the tast vnrletles reaching destination In
good condition, gulte a heavy perccntngi
of arrivals for several days twist were baalj
damaged by reason of delay, which hni
served In a mensure to somewhat demoral
ize condition* for the time being.
Orange receipts from tath Florida and
California nre short of requlmneots. The
trade. It seems at this season of the rear,
prefers California unrels to Florldn stock
even ut a difference In price. They keen
much better, trad are of fine color trad
flavor.
Grope fruit selling readily, with the pros-
|N>cts Indicating further mlvauces us the
season procresses.
Hannnn prices nre almost prohibitive; In
fact., higher than at any time during the
season, cauaed by Importers taking advan
tage of the tremendous demand prevailing
throughout the country.
The lemon market Is very strong, and
*«. di-ev further advances as
tha weather gets warmer.
, U - .eii.,,8 nqei
plants, taels, okra, new !...„ „„„
corn, in light supply nud selllug at fancy
prices.
Celery, lettuce, on him go, Frigiiiii peas, to
matoes nml strawberries plentiful, with u
normal range of price* applying.
old Irish iMitntnc* plentiful, with demand
limited,* prices showing a downward tend-
Sweet potato market flat. Very little
trading In these goods nnd tho excessive
receipt* for more thnu two weeks have
served to depress vulues steadily.
Mnrket practically hare on ohl onions.
Both live nml dressed poultry selllug well
nt good prices.
Better feeling prevails on eggs, and. In
our opinion, the next change will be for
tatter prices.
All receipts of good batter selling readily
at good values. * *,
AFTER OPENING
Harriman Pacifies Showed
Large Fractional Gains
at Start. -
COPPER OVER A POINT
Numerous Issues Were a
Large Fraction Up—Trade
Was Only Moderate.
New York. April 6.—The stock market
ononed irregular. Smelting started la u
higher. Rending % and Great Northern ty.
Hoo preferred was down 2, Baltimore and
Ohio %, Ht. Paul ty and Missouri. Kansas
and Texas nnd Steel common ty lower.
After the Initial price Reading rose ty
net. Union Pacific gained In all %. North-
ern Pacific opened % higher and gained in
all ty. At the end of ten minutes' trading
the general market averaged recessions of
ty to ty from the best figures.
MONEY~AND EXCHANGE.
New Y’ork. April 6.—hlonev on call, nona.
Posted rates: Sterling exchange, $4.S2ty'j
4.86ty. with actual business lu bankers' l.nu
nt $4.85406 4.8550 for demand and $4.S150tt
4.8160 for 60-dar bills.
liar silver. 64‘kc: London bar silver steady
and unchanged, 301-16d. ,
Mexican dollars, 40tyo.
Government tamls unchanged.
Railroad bonds firm.
MINING STOCKS.
Boston, April 6.—Opening stocks: Cop.
icr Range 83| Rlnghnm *20; North Itutte
3ty; Shannon 19ty; Old Dominion 5Cty:
ttiueltlDff M'4; Callforiiln-IlKl* 870.
LONDON STOCK MARKET.
STOCKS-
Anaconda
Atchison
Baltimore nnd Ohio
Canadian Pacific
Chesapeake nnd Ohio
Erie
do, preferred
Illinois Central
Louisville nnd Nashville ....
New York Central
Norfolk nnd Western
Ontario nnd Western
Pennsylvania
'dillndclphln and Rending
Southern Pacific
Southern Railway
•St. Paul
Union Pacific
United States Steel
do,' preferred
147ty
s*
97
lft-.’ty
I7*i
Sg
60
.I47ty
Ifl9tyil20k
I22ty;121ty
79ty 7»ty
>3Sty 38ty
128 128
11241124
^8441 H4‘,
23 |
137tyl37ty
31
NEW YORK BANK STATEMENT.
Now Y’ork, April 6.—The weekly state meat
of the New York associated hunks Hboivs
the following changes:
Reserve, Increase
Less United States deposits.
Circulation, decrease..
..$ 6.ma0
.. 9.383.975
.. 6.14SAOO
.. 1,928,300
.. 764.000
.. 16.895.S»
.. 421,300
ATLANTA CLEARING HOUSE
WEEKLY STATEMENT.
Darwin G. Jones, Manager.
Clearings Saturday $ 804.465.32
Same day last year...... 741.759.24
Increase 62.706.09
Clearings tor week 5.184.024.M
Same week last year 4,592.364.s»5
Increase 691.659.65
COARSE COTTON GOODS
ARE FIRM IN PRICE.
The New Y’ork Commercial: Upon mak
ing n careful cittivass of the trade, havers
seeking course cotton goods are forced to
the coueluslon that prfees are finuly neld
and show no indication of weakening. The
rumors of under-market sales when run to
earth prove to ta In regard to forward
* " — Into the closing months
In some lustnncc*. Into
1908. As the chief necessity of buyers Is
for goods to ho delivered within three to
four months, tho prices named on the mors
remote deliveries hnve Uttle or no effect
In determining their placing of orders.
With the Jobbers moving dotnestles to i
as
can secure goods
nppenrs to Ih» no —— —
siime that staples will not maintain their
present strength. On line* of blenched
goods the tendency of the market 1* still
to advance. It Is stated by commission
—*—- —a- that cut-
— 1 9%c, whir.
only a fortnight ago were considered lilgn
nt Stye. The 4-4 goods of stnndnrd ticket
are now selling on n higher proportionate
basis than any one In the trade recalls na
‘elng duplicated In past year. In the com-
nlssToii houses where men's wear nnd dress
,oods are hnmlUd. It Is stated thot order*
*'rom the West nnd Southwest from cut tew-
up and cloth Jobbers nre now coming to
hand In a stronger manner than during
March on lines of heavyweights for tue
full season.
Central Bank and Trust Corporation
Capital $500,000.00.
Candler Building. Branch, Comer Mitchell and Forsyth Streets.
General Banking and Trust Business
4 Per Cent Compound Interest Paid on Savings Deposits
OFFICERS:
w „ ASA a. CANDLER,. President
W. ” eoLES 1 Cashier CC l r ‘ ?,ldeUl * ^VKN8..Vlce Pre«Ment
WM. D. OWENS, Assistant Csahlar.
. v „ TRUSTEES:
«..*• BWt .. . Norman C. Miller, Eugene R. Black. Aaa G. Candler.
George.E. King. J. p. Williams. YV. II. Patterson.
Charles G. Goodrich John 8. Owens.
Hr. J. Scott Todd,
IKS.
William M. Nixon,
U H. Fftirehllo. S. J. Whit*
L. H. FAIRCHILD & COMPANY.
NEW ORLEANS.
M.mtor*:
N.w Oriean* Cotton Exclisnt*. New Tork CcfTe. Bxch*n«*.
N*w Tork Cotton lOxcbnn,.. New Oriean, Board of Tr*d«
N*w Orion. Stock Kxchance, Chtc*(o Board of Trad*.
LIVERPOOL COTTON ASSOCIATION.
Prtvat* wire* to NEW TORK anl CHICAGO. Order* *oltef.*d to, (•>
tore d.U.wr. on abov* Exclwnc*. O. C. COTHRAN.
ATLANTA NATIONAL BANK
ATLANTA, GA
E. THORNTON, Vice-Prealdent
C. E. CURRIER, Preildent
H. T. INMAN, Viee-PretldenL GEO. R. DONOVAN, Ca*hler.
JAMES S. FLOYD, Afsiitant Cashier.
Capital $500,000.00
Surplus and Undivided Profits $600,000.00
ty.
We Solicit Your Patronage.
J
w. *j. dibble;
Accountant and Auditor,
1114 Fourth National Bank Building.
SCE: IMI i’t»a. 11U ATLANTA. (U.