Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, April 06, 1907, Image 12

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PP9f!n|pMP|||Hl 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.