Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, April 25, 1907, Image 12

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Streugth in the Old Crop Po sitions Was the Feat- JULY WAS STRONGEST NEWS AND GOSSIP ' of the Fleecy Staple. Bprelal to The Georgian. New York. April a.'-J. M. W zMrx nsrsbab&iz can 11,000; apeculallon and* eapdi celpta »*0; American »<#. I nn receipt* eatlma'ad *,000. agalnat li, lfclaet week niMl 7.425 l«,t year. «*r. The Journal of Into, with re-plating necessary. Thla !• the first authoritative report on new cro| conditions. Think the market will reepom to thla, and look for a higher level If tner Covering In Advance Of First Notice Dav Friday the Influence. New York, April 25.—The rot ton market tbfa morning opened tinner I if 4 [point* high er. Thfc strength of the old crop position* again was the feature. July scoring the avance of the first notice-day to* • inorro lu both Ma/ , pressure In these option*. [ There was n good deal of realizing and July, preventing much log the call wltl.HHHHHPHI ; tlvely eaay owing to the favorable showing of the weather map. But the outlook was for colder weather tonight In the western 1 belt, receipts were moderate, and with to- i morrow the first May notice day and May- I ment, there was n good deal of covering iim well as buying for a turn uml the market ruled strong. J Liverpool reported an advance of 3 to 4 due to come about 1% to 2% point* ; points higher on sales of 12.000 hiUes. t Wire and commission houwoa got buying orders from the South, which tend to eon firm the reports of replanting and a lest [ favorable new crop outlook. The close was steady, with prices show . log net advances of 3tf5 points. Comparative recelpta at all U. H. porta: E et recelpta today 7.96* me day last year 7,875 Increase 89 S otal recelpta for five days imo days laat year Decrease 58,008 fit,637 11,03 Increase > . Estimated recelpta Friday: 1907. I New Orleans 2.300 to 3.000 Onlveaton 6,000 to 7.000 * Houston 2,500 to 3,000 Movement at Atlanta: Recelpta today I Ham© day laat year , I Decrease < Shipments today ' Bn me day laat year Decrease .Stock on band today Same day last year Increase * SPOT COTTON MARKET. Is any activity or public Interest excited. The Journal of Commerce: "It la ,v« early for acreage estimates, lint the season la ten days late, with re planting necessary. Jery little yet planted in North Carolina. No decreaae In fertilisers use*], and acre age believed to !>«• without radical change. 1 * — . J July, the latter talked publicly of over 75.000 notices on Friday, while the former said nothing tan gllile. The talent thinks McFadden baa ar ranged with the clique not to deliver on May. It looks like the bull party baa rather the summer positions, ho often act for the bull cllqne selling considerable May and Looks like the pool might All the evidence pot _ w hands In this deal, and advise against be low short of summer positions. Brokers who — * seem to he buying July. r „. —„ ease up on May and market aet back little, but the undertone Is good and manip ulation Is working Into Jnly. With a difference of practically 200 points between futures here and apots In the fiotirb, any cotton tendered fa not likely to go begging. Following are the 11 a. ni. bids: May 9.60c; July 9.92c; October 10.09c; January 10.32c. McFadden and Ilents bidding'market up. We are on the eve of a 2-cent advance In the old crop stuff, find believe present differences l»etween old and new crops will run even. Thla year we have raised nearly 14.000,000 hales, but every (bale will he peed* Edited by Joseph B. Lively MARKETS Mr. Lively** twenty-fire years’ experience of ed- Itlog markets In Atlanta and the South has made him a recognized au thority In his specialty. TIPS FLASHED From Wall Street. Special to The Georgian. (From HaywartLVlck & Clark.) New York. April 25.—London firm and RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAME OF STOCK. Amalgamated Copper . Atlantic Coast Una . American Sugar ltef. . Anaconda American Locomotive. do, preferred . . .. Am. ttmeldag vtf. • . do, preferred . . .. Atchison do. preferred . . .. American Cotton OH.. Am. Car Foundry . . . Baltimore A Ohio . Canadian rnclflo . • peak* Sr Ohio . . Central Leather . do, preferred . . blcago A Great W. WfTS Umlaoa. . Uxtlller'i SecurlUex. . silpsi Lpulavllle 4k Nash villa. laaon rl Pacific Totai stock sales 444.900 shares, 94 % $ 68 88 i i li'j'i NAME OF STOCK. ... unt. AW.... itional Lead. . . • . northern Pacific. . . « few York Central. • « Norfolk A Western. • . Pennsylvania People's Gas. Pressed Steel Car. _ do. preferred. • racifle Mail. .... Beading. H ••public -— Steal. , Rock Island. . . do. preferred, ui», yrnerreu. . , • • United States Bab bet* * . _ do. preferred. . • • • Southern Pacific. • . • • Southern Hallway. . . • • do. preferred. . . • • ■ 8!<fss-8heffleld Tenn. Coal & Iron. . • • Texas 4k Pacific . . . . • union Pacific. ...... United States Sfeel, . • • do. preferred. Ya.-Car.Chemlcal. . , do. preferred. • , Western Union. . . , Wabash. r Iaconsln Centra do. preferred. NEW YORK. tures In New York today: ed to* meet this season's requirements. ’ But a few years ago s crop of 12, .. .. .. , _ .. ._,000,000 bales meant calamity to the farmer. Now n crop of less than 14.000,000 will mean dla aster to- the spinner. Therefore, It be hooves ua to keep a dose wntrh on the growing crop and he prepared for some high snd lofty aeramble If f* the yield of new erop .— tin to thq fop. Offerings seemed tor be Increasing aorne^ what on the advance, not only as n reault nf realising, but for a turn on the short sldo by people who nrgue that with the first notice day out of the way tomorrow, the better weather In the belt and slightly heavier reeelpta expected. Ill connection with the change thnt has token place In technical conditions during thn recent ad vance, should Justify a considerable reaction If not n permanently tower level."—Pearsall New Orleans. April 25.-IInvwnrd, Vick A Clark: Weather < anv rainfall trailed. Indications are for elondv: probably showers In the northern and eastern states; colder Ip north central and eastern states. Scattered Hbqwer* In southern half of belt. Nervous buying of May end July contln- „As. fuless bull rlloue liquidates some, looks ns If these positions would sell high- Liverpool, steady; middling uplands C.t|l. Atlanta, steady; middling ll%c. New York, steady; middling 11.30c. New Orleans, firm; middling ll%c. Memphis, steady; middling I0%c. Norfolk, firm; middling lu%c. Galveston, firm; middling ll%c. Houston, steady; middling llftc. Charleston, steady; middling 10%c. Wilmington, steady; middling 10%c. Baltimore, nominal; middling ll%c. lloston, steady; middling 11.25c, New erop Advancing some owing to rise In summer months, and also buying on predicted showers and colder weather lu western 1»elt. . . Official predictions of showers and rohler for Texas and north states likely to cause further buying. THE METAL MARKET. TODAY’8 PORT REQEIPT8. with Interest almost entirely centered In tin. which developed further strength. Im proving In spot and near-by deliveries on the eniitlnued upward movement of this comnioUlty , abroad. The following tabl# ahowa receipts at porta today, compared with the sqme the Spelter wo a somewhat firmer. New Orleans. Galveston. . . Mobile. . . . , Savannah. • « • Charleston. • ' Wilmington. . Norfolk New York. . f Boston.-. . • : Philadelphia. , I Brunswick. . , | Pacific coast. Total. the Sugar marKbt. ngnr , augnr quiet Ayrll and May off VI each at 9a 6%d for hero ntul outsido lungs In May. with no lu- tentlou of receiving cotton on their con tracts. are liquidating May and buying July Instead. Weather conditions during the past twenty-four hours were favorable. There was nnrdly any precipitation In the April. May.. June. , July.. Aug. . Sept. . Oct. . Dec. . Jim. 9.93 10.08 JO. 12 10.07 ftm 10.20 10.14 II! 9.83 K' 9.88-89 9.85-S7 9.91-92 9.87-88 9. vi :*-> 10.09-10 10.17-18 Closed ateudy. 10.30H0.35!l0.29iH).32 10.32 33 9.79- 82 9.36-30 9.81-83 9.80- 87 9.83-84 9.86-80 10.30-07 10.12-13 10.28-30 LIVERPOOL. The following Is the opening range, 2 p. m. and close, compared with yesterday: Futures' opened steady. opening Previous lunge. “ April 6.94 ay-June ....6.87 -5.88 June-Jtily ....5,80>4-6.8l July-Ang, ....6.75 -5.78% Oct.-Nor. Nov.-Dec. Dec.-Jan. Jan.-Feh. ...5.70 5.71% ..5.66 -5.66% ...5.01 -5.62 ...5 60 -6.61 ,...6.01 -5.60% .... ...5.00% 5.61 5.61. 6.64 NEW ORLEANS. Tha following la the range In cotton fa- tores In New Orleana today: April. Ma June. July Aug. . . he . . Oct. . . , Dec. . . , Jan. . . , Closed i nil y ::.Tio.7o 10.76 10.76-77 10.73-74 10.8210.81-82 .... 10.52-54 .... 10.46-48 10.43 10.42-43 10.43 10.42-43 10.47-48 10.69- 70 10.66 10.70- 71 10.46-48 10.41- 43 10.36-37 10.36-37 10.41- 42 NOTES ON GRAIN. Pointers on Provisions. Special to The Georgian. 26.—Bartlett. Frasier & Chicago, Anri. * ■n.i.-r « Carrington: D.*rly reports ludleate threat enlng and eohl weather. Thla tnay take the edge nf the market, hut do not forget It li the green bug who la doing the damage and that weather does not check Ita activity. Wheat should be liought on any set-back. Corn In In n good bull position uud will gradually work higher. On any good break buy oats. hlnigo Hccord-lleruld: Crop dnm- ls Impracticable. There were a few clalma also from Kentucky and Tennessee, those from the latter atute, however, coming only from the western part. Manhattan. Kan*., only two counties south of the Nebraska line, reported oats already damaged serious- * * * * ‘ *lda swanning with insects. Captain Phillips, In the south REPORTS SOME RAIN WEATHER REPORT. 8TATE FORECASTS. Rains and Snow Flurries Forecasted, Resulted in a Small Decline. Chicago. 111., April 25.—The bulla in wheat failed to make a great deal of headway in the matter of advancing prices today. While there was a strong undercurrent, caused by the taking of 77 boat loads at the seaboard for ex port and damage reports from the southwest were more plentiful than ever before, still there were losses of 1-801 -2c for the day. Cables were all higher and conditions abroad were ia'. bu ""’ i '' with .hurt, covering nt Uver- S“? «i.ater fe™^ noV ™T. .”t to lujl.re t>ool. A California meuaxe told of the the cron prospect on about half the ucresffs and half the remainder will go backward Tu another week. 1 think that general warm lus now would atlll make a crop equal to rains uow would Unt yaar. hut t the situation Is < the rains do not come and critical." . „a. a. Houston, of Kansas City, said: "The big 1 expected. Kansas probably will not hsvu half sa much wheat as last year." Salas of 200,000 bushels of red winter wheat ware made into Monday to Porta gal. The transaction wna of double slgnlfl cance*, ns It emphasised a transaction for lot of 100.000 bushel* of the same sort INTERIOR RECEIPTS. I somewhat colder weather, particularly In the north-1 west and north Central states, and showers Tbs following tsbl* shows receipts at the Interior towns today, compared with tbs asms day last year: "'"I M-innn -‘ over most of the western and central l*elt. Generally fair and stationary weather la In dicated for the eastern states. The Into . ..I.3T7 lest fen rand 194.909 In 19<T6. A hull Ish visible supply statement Is expected for SMMMiaAfitMHilr 4 in tomorrow. Npota are quiet. Small business 0(1' vnnee I futures. New York. April 26.—J. R Bache &- Co.: The cotton market waa firm. Liverpool was higher. The advnnce waa due more than anything else to the prollmltinry report Is j'HAYWARD, VICK A CLARK'S DAILY COTTON LE "SE i sued by The Journal of Commerce today, In which It was atated that the crop waa shout ten days late. The report wna made too early to give any definite figures as to acreage. Tho May position still occupies the center of lit tentlou, nml it will lie very soon when the same will 1m* disposed of, then the Immediate future of the cotton 6 up; sales 12,- market will depend largely upon weather July waa again In evidence right from the start. These positions opened about 7 high er and advanced steadily. Official prqdl - ^ * *-*■ 1 in U the res sou that tomorrow wilt be notice day If there Is a marked Improvement In the plant during Mny with higher tempera lures, we would expect a fair decline lu the new crop months. We iiellevc the mnrkct a sale on all hard spots, hut would pur sue it more or less acqlplng policy. COLLEGE PARK HOMES FOR SALE Three new, modern, 6-room homes, and * new. modern, C-room homes, on large, level, elevated, .haded lot., 100 feet front and 1*0 feet de«|i. with. In three mlnutea walk' of car Tnei, at a bargain, on eaey term.. Prices: $2,650 and $2,750 Theie houses were built by Judge \V. It. Hammond, of number one material and In best modern style. They are finished In hard-wood, ce ment plaster, cabinet mantels, tile and club-house grates, and are first class In every particular. The lots are elevated and beautifully shaded with original forest growth. If you want a home combining the delights of a country life with all the advantages of a city, call and see me at College Park and let me show you one of these beautiful places. EDWARD H. WALKER, increased requirements tor rnriugni, ne- cause of the crop shortage In Hpiilu. The peculiar Importance of the transaction to the market was tluit the senlwnrd stocks of red winter wheat are practically exhausted and the demnud. such ns there la of It, must either come here or g«» to the southwestern for counted the most feasible and the grain to take, unless tho demand can be supplied from Ohio points. The official weather map ss posted on change Is the center of all eyes dally. The persistency with which the rain and snow fall has recently dodged the big wheat districts came lu for general comment. Ok lahoma. where u good share of the wheat good rnlna yesterday. fire was s little rain also in the extreme southwestern part of Kansas. iMoudy weather with mi occa sional sprinkle of rain waa reported In nu merous private messages along the *outlr ern border of Kansas nU day, but tho trade went home last nlghr satisfied that the went home mat nignt' savisncu wax me wheat fields of Kansas had not vet re ceived the drenching that they needed. Special Russian cuTile: Wheat market Is decidedly stronger. The weather Is clear and the outlook for the crops Is unchanged. Arrival* of grain nt the ports continue very \\. Know wired from Tones City. Okls.: "Saturday run through Sumner countv. Kansas. Maine route week earlier. Wheat* prospects gone back rapidly. Buga it.-vebmeil enormously and thick In every fleld.' ^rhe crop Tn largest wheat county of state lrre|»arably_ dnnitt j *ed ; AtJ«*it fc » |»er Bell Phone 37 J East Point Exchange. ....... Moil i>f Injury I. from drou.lit Bomo lo: K rtnmnar I. .bow nt, nml they arc .0 tlilok tlu’lr Work will lu- ranld from now on Tim plant la ao .tuntnl from <lry wmtbtr that It will «i«umb qalrkly. A Inrke ulinro of onta la alroa.ly b«nrlna Hominy rnn ®> mllint In Grant ana Kay ooontloa. Oklahoma. Tho boat whoat In tin; territory la liorr. but It hut but grmtutl hi-nvlly alm-r I waa boro two wooka am'. Ituca were fhon hanl to ttml; now they are nwarmlnit on erery plant, eieept In the few very enrly lleWa that are lolnte.1. I>er- hnu, ?)' per rent of the belli, are tliua mllunred. but the ti.lanr;; r""K-'il fr “ n ,' imlutely .lea.l to nm-albllltyofathlrtl of a erop. Two thlnla of the Oklahoma flebla will'not ae* a binder thla year, ami If all now InjJahtl. ajetifed. It art I pool. A California messa«e told of the josses there of both wheat and barley. Corn closed 1-4691 l*2c higher. May reaching the half dollar level. Oats were up 1-801-2C and provisions were steady. Cash transactions here-Included 50,- 000 bushels wheat, 145,000 bushels coril and 210,000 bushels oats. The seaboard reported 77 loads wheat, 10 loads corn and 60.000 bushels oats. Northwestern wheat receipts 593 cars and primary receipts 783,000 bushels, compared with 254 cars and 376,000 bushels, respectively, a year ago. Clearances from the seaboard were 133,000 bushels wheat, 460,000 bushels corn und small lot oats. Estimated Argentine shipments for the week only 3,600,00 bushels wheat and 40.000 bushels com. Wheat ship ments last week were 5,192,000 bushels, nml corn 1,100,000 bushels, compared with 3,408,000 und 1,471,000 bushels, respectively, a year ago. Friday fair. Alabama—Showers tonight or Friday, cold er In the Interior Friday. Loulslnnn—Showers and colder In north: Friday partly cloudy, probably shower* and and colder; Friday Okfahoum and Indian Territory—Shower* Hast Texas (north! East Texas (south/—Shower* and colder. West Texas (north)—Know flurries and freezing In panhandle; Friday anow flurries. West Texas (south)—Probably scattered showers, und colder. WEATHER CONDITIONS. Today's map shows two well-defined areas of high pressure with an Intervening strip of low extending from the eastern lake re- _igh pressure that waa centered In Tennes see yesterday has moved southeast and It now central on the south Atlantic coast, need to 4 per cent. The late break In stock market yesterday was sudden and appeared more lu the ua- ture of a bear raid than anything else. The passage of the 6<? fare bill in New York caused a break in Brooklyn Rapid Transit. The 6c fare to Coney Island will not hurt Brooklyn Rapid Transit earnings, and it will not do to bear the stock on that account. The market tnay be irregular In early trading, but consider It a purchase on fur ther set-back. Money Is easing all over the woriq, and we still believe that crops will be sufficient regardless of crop damage re ports. Ktock market shows signs of strength and will likely recover yesterday** losses. The New York Financial Bureau: With aggressive manipulation we have not the slightest doubt that a good outside partici pation would be enjoyed In an upward movement, bat without it the public natu rally remains uninterested. If the market opens up considerably on the bank rate redaction, professionals will sell; If It opens lower nnd Is soft, they will purchase for a ported around 140. 8t. Paul’a support It Information Is bullish, however. Inside checking in Great Northern preferred Is of the opinion ..... 131 Is In the market now. Profit-taking in Northern Pacific around 136. Supported pyhranla hold between 123 United States Steel around ISO. PennsylvanL snd 126: Atchison 92096; 1 36039: Heading 1100113. STAPLE COTTON BU8INESS SHOW SLIGHT DECLINE cottous to the effect that the volume of spot sales is declining. T(icy note a tend ency on the part of. large cutters-up and converters to hold back their orders. The fully appreciated. Sellers declare that the volume of goods in sight and coming for ward free of order Is smaller than at any time within the past three months. When this fact Is considered. In connection with the coining close-down of mills over the summer period, it la hard to see bow buyers can look forward to lower prices. While there Is a general complaint sl>out the lack of business from China and other ex can accumulate . rlod of from three to fire months, nnd that home demand, even on n curtailed scale, will tend to keep values steady. Tues day was nuother discournglug one so far . _ weather conditions are concerned. The uutnher of buyers In the district was consld era lily smaller thnu on Monday and trade Ighter. Kbit goods staud as one clast of goods that continues to Im* |n stroug de mand for Immediate delivery. Jobbers are working with a great depleted slock und flud It hard to get any fresh supplies of men’s or women s hosiery or uuderwenr. The garment makers are haring more tru- ganneut makers are haring .... ble In getting duplicate orders 011 summer lines than before In several years nnd nt tribute this state of affairs to the back THE COFFEE MARKET. New York. April 25.—Coffee cables: Havr* at 10 a. m.. market barely steady ui.. market unchanged to 14 Pfennig decline; sales 40,000. Rio receipts 13*000; shipments to United States 8.000; Europe 11,000; stocks 708.000; market uulet. Santos receipts 34,000; stocks 2,695,000; market steady. San Paulo recelpta 33,900; market for today: January The northwestern'"high !■ "central over the ^fareh .. Dakotas. The combined Influence of these (v*” 1 •• •• ‘ ‘ ‘is nnd the Intervening low Is causing •• •• .5.45-6.5 Close. high* nnd the Intervening low la causing cloudiness over must of the country east of •i”! 1 " peratnre has risen st moat stations east of The conditions favor partly cloudy weath er lu thl* section tonight and Friday; prob ably rain late tonight or Friday; cooler lu this »ectlon ton Igb ably raf * * ‘ * Friday. COTTON REGION BULLETIN. meridian time, April 25, STATION8 ATLANTA DISTRICT. CHICAGO GRAIN MARKET. for today follow Previous Open. High. Low. Close. Close. WHEAT— Mny 79 July 8194 Ftt MH 7S\ ns MS JUT. MS MS MS MS MS - - JIN— , Uejr 4J?i Jnly MS ■ >pt.... m! OATH- May 43% July 41% Sept 36% POBK- May.. 15.66 15.66 15.57% 15.60 44% 41% 35% 43% 44% 43% M & 28 July.. 16.97% 15.87% 16.82% 15.85 Sept LARD— 8.56 15.66 15.90 15.97% _ v ... 6.66 July... 8.70 Sent... 8.80 RlliS— 8.55 8.70 8.82% 8.55 8.70 8.82% Hay... 8.50 July... 8.65 Sept... 8.75 8.30 8.65 8.77% 8.47% 8.60 8.66 8.65 8.77% 8.75 NORTHWEST CARS. •Atlanta, clear. . . •Chattanooga, clear. Columbus, clear. . . Gntnesvllle, cW*ar. . Greenville, clear. . . Griffin, clear •Macon, clear. . . . Montlrello, dear. . . Newnnn. clear. . . . Home, clear .Siuirtanburg. Hoar. , Tallapoosa, dear. . TocctMi, dear —West Point, clear. •Minimum temperature for Max.* li? .. ..5.45-5.50 5.45-5.85 5.70-5.75 5.55-5.60 6.55-5.60 5.45-5.50 6.46-5.60 October 5.40-6.50 November 5.40 5.60 Deeetnlwr 5.45-5.50 Closed steady. Sales 100,000 bags. July .. .. August .. . September . 6.50- 5.56 I 6.60-6.66 5.50- 5.551 r..7i Eff 5.70-5.751 6.60- 5.651 6.55-6.60 5.50- 5.551 6.60- 5.56 6.50- 5.55 5.60- 5.55 5.50- 6.66 MANIPULATION IN MAY IS THE CHIEF INFLUENCE . Ji* 12-hour pe rlod endlug at 8 n. m. this date. ••Received late; not Included In averages. Atlanta. . . . Augusta. . . Charleston. . Galveston. . Ut tie Hock. . reach 5.000,000 bushel* of wheat. Onta are completely gone, anil won t get M.»t M Ihf t-rritopr ««*«} tart plenty .if min. I>nt tb* dMtroctlno tv-nt oji jot n, ■urt'ly, Itut it trlfl* slower. FINANCIAL NOTES Town Topics: Wo look for lower pile totlnv. mill It I* union, the prolmhllltl*, th the Itonr pnrty wl" ' tuck vain*. lint* would not hosltnt* to buy the Itvtlcr oin,» of ftcfnrlrlc. ,i« wo h. t o erery rvaaon to Itclirr* the atlvntM'* ,11 i»- oarrlotl conalil- ortthl* further lioforo tb* npwartl movement is ended. Reassuring report the Iron trade are very different from the predictions ~L li Fairchild. L. H. FAIRCHILD & COMPANY. NEW ORLEANS. Mam barat New Orleans Cotton Kiel,any*. New York Cofree Ettchanre. New York Cotton Kxchenkf. New Orleans Board of Tradtk New Orleans Stock Exchange. Chicago Board of Trade. ..... ,™.. Strength In the wheat market I. .hi* tterhnp* a. mu*'h to foreign develop went* a* to erop ennitltlon* at homo nnd too inu.-ll attention Int* been paid to rutunra from groin houaea by holdera of granger s^nrl-Nt k Exchanre, Chicago Board of Tri LIVERPOOL COTTON ASSOCIATION. _ Privat# wires to NE.V YORK ani CHICAGO- Orders soltd:»4 fot I furs g«tlv4wy. on ahuvs Sxchangew 11. Ca COT-JKAK. are current an Amslgnmate«1. lt»*r*. bat are still believe ihe Im-si results will obtained In confining commitments to this Ilst-the llsrrluien titi.l Hill mrocks, i<r. Paul and Aibutic 4\wst Line, sud last year: Last Lust Today. Week. Year. Mobile Montgomery. .. New Orleans.. Oklnhniun. . . Savannah. . . Vicksburg. . . Wilmington. ■ Indicates Inappreciable btmnw'xvBfrjtnw Tempsrstnrs. ••For 24 hours ending Infali. ling 8 convinced thnt the country can not I* de pended upon for further Important supplies of tendernlde cotton, the logic underlying the manipulation of the Mny option nt New York npiHMils to the average professional tperator with cumulative force. Hoove the unrp advance In futures yesterdny. Liver- kmjI figured as a factor In nu Indirect way inly. The actual stuff there held Its own ‘th several English points to spare. CHANGES SMALL At the Opening Stocks Gen- erally Lower Than the Previous Close. TREND DOWNWARI A Few Issues Opened Frac- tions Up, But Lost Ad vance Later. |Sew York, April 2S.-The reduction |n Bank of Hug lit ml rate from Hkto t rent had no Important efTeet upon t»l,vl financial market!. All the week the .Sum of the money movement abroad wae ed stenillly to such a meaaure being taw?,!' and the strengthening of the bniik'. ri aoureea for tho lait tortnlght ehow. font director* of .the Inatltutlon foumt omet'I warrant for tholr deolalon. Price. we?“f ,* fie changed, lu any of the London fie oheuged In any of the Loudon dST pcMu^M^enewe^Ia|n.t the tiariot from the seme quarters that were »“ tlri yesterday afternoon. Under this iilmJ there were farther decline* nf ^ point t* n point In tb* Drat hour. But the uattld reault which hnn followed every downward movement for the past few week, waa ,2 perleuced again today. On the lower level real offerings of etocke became exceeding!; ■. nnd. _whlle there was no particular ty ug. the demand to cover abort cnntroctj ifflced to bring about the roily nil around At noon prices stood about where they left nflr at VA«f*r<lnv'M oloan 4 “ around. off at yelterdayV cioie.’ \#w Vork, April a.-The stock market idflail I rpotftt 1 a •« Yaw g< . . opened Irregular. New York Ceutral wa, tiucuungetl. t ulou Pacific opened H higher and then declined 14. Rending loat U, Cireat Nnrllmrti tir«>fe»rr-r»l nnH Voeit...... t>.. Northern preferred and Northern' Vaelflc started % lower. Southern Pacific open*d up % nnd Smelting gained %. > MINING STOCKS. Boston. April 25.—Opening stock*• snehuaettd Mining 26%; New Haven 177*4; Trinity 22;. Copper Range*80%; North Butte 85%; C'nllfornhi-Arlzona 166. UIW THE LONDON STOCK MARKET. STOCKS— lOp nllpm'CIos Pacific Anncouda . Atchison ., do, preferred Baltimore nnd Ohio .. . ’hesnpenke and Ohio .. 'hlcago r~ M 'nnn dla 11 Erie do. preferred Illnols Central .. .. .. .. Kansas nnd Texas .. .. .. do. preferred Louisville nnd Nashville .. , Mexlenn Central, preferred , Norfolk nnd Western .. . New York Central Ontario nnd Western ['enns.vlvnnln Philadelphia nnd Reading .. lock Island Southern Railway do. preferred Southern'Pacific Ht, Paul .. .. .. "’11 Ion Pacific .. ,’nlted States Steel do, preferred .. .. Wabash, preferred .. COTTON SEED OIL. April. . . . May July. . . . September. 46%®46% 45Vi4«’i October Decetnlter. . . . . Closed steady. THE LIVE 8TOCK MARKET Chicago. April 25.—Hogs—Receipts 5.0M. Market a shade lower; light $6.4<vft6.57%: mixed I6.40C6.60; heavy I6.50tf6.574: rough 86.20tf6.36: pigs $6.06tf6.65; yorkers 6.60; gootj to choice hegry |Jj.46tf6.67%. Cattle—Reeelpta 8.000. Market slow and weak; beeves 94.25tf6.55; cows |L80fi4.W; pw|l— __ America the situation. In so far as the summer months are concerned, now* hinges rather largely on the Integrity of Intention on the part of those men who nre credited tude by taking up Mny cotton and hedgiug It In October contracts to nilvftntnfpe. ami then playing tho long side of July option for the short will then experience considerable difficulty In rounding up sufficient teudera- ble cotton to afford him protectlnp. Tills Is the theory of the thing any way. Mean while, the Interior talks pessimistically eou corning new crop prospects, which In Itself is at least a sentimental aid to the sum mer mouths’ manipulation he will not fall to make the moat of. On the whole, the attitude of old crop longs Is probably best reflected In the Inability or brokers to ring out the summer months. The Interest Is not large, but lougs do unt seem at all anxious to get out of the game Just now. It tvould not he wise, however, for the talent to forget thnt outside co-operation is wholly larking."—Hayward, Vick k Clark. CHICAGO CAR LOT8. THE LIVERPOOL GRAIN MARKET. Wheat opened % higher, nud nt 1:39 p. m. % higher. Closed %tf% higher. Corn oitcnrd % higher, nml at 1:2) p. m. % higher. Closed % higher. CLEARANCES. bushels; wheat 118.000 bush els: flour 4.000 barrels; corn 460.000 bushel*; oats 6,000 bushels. Remarks. Wanner weather Is now prevailing gener ally throughout the entire l»e!t: light rain, amounting to T., Is reported from Texas, Oklahoma nud At-knusns. J. B. MAtlBURY. Section Director. PRIMARY MOVEMENT. Wheat Coni Oats yogs, head. dpta for tomorrow are at Today. Tom nr. wneei>— lteeeipis lu.uuu; mnniiu generally trendy: native* $4.50tf6.91; weitara 84.60tf6.90; yenrljng* I7tf7.76; lambs W-Mtf 9.60; western $6.50tf6.70. NAVAL STORES. Special to The Georgian. -ft mi lit nu* tmnpiiiiti. . _ Savannah. April 25.—Turpentine tlrra at 6M4: Nile* «1: reeelpta «e. Iloaln firm: aalea 1.587; reeelpta l.l«. "I"; flow Rlnaa $5.00: water white $5.55: > $i.»\ N $5.45: K $5.38: I »: H 54.80; K $4.«5; IT $4.60; K $4.50: D $4.45; C $4.35. Amaiffamaltal Topper met a enniM-rvOle lot of atoek Juat alajve 87 veaterclaT.Omelt Ins la anpporteil tnwnril 132. lint xtefb ljt anle aroitml 1SS. Brooklyn RnpM Tr*n.t will be aolil hr profeeelotial* on ell •«: win be°wVw by profeaelonale -- ranee*. The 6c fare bill to Coney I»l«Ba Is naturally a bear card. BANK CLOSING NOTICE. legal holiday. The banka eompoeinjj the Atlanta Clearing AaaociRtion will bs closed for buaineta on that day. ASA G. CANDLER, Pr*»- DARWIN G. JONES, Mgr. Wheat—Receipt* today 783.000 bushel*: 1 last year 377,000 bushels; shipment* today l 220.WD bushels; last year 311,000 bushels. Corn-Receipts today 331.000 bushels; Inst year 299.000 bushels; shipment* today 553,09) bushels; last year 482,000 bushel*. HAYWARD, VICK & CLARK, COTTON, STOCKS, BOND3, COFFEE, GRAIN AND PROVISIONS, Central Bank and Trust Corporation CAPITAL $800,000.00 Candler Building. Branch, Corner Mitchell and Forsyth Street$ OFFICERS: ASA O. CANDLER, Preetdent. " II. PATTPttnnN. Vice Pre.1,lent. A. P. COLES. Caahler. JOHN 8. OWENS. VIve-ITetldeut. ~ — ‘ o. i . v.t/A,r.rv. t nsuirt. . , WU. D. OWENS. Auletant Cnabter. 4 Per Cent Compound Interest Paid on Savings Deposits Cnrondalat «tvd GraviarjSt*. Naw Orleanx. EMBERS: New Orleanx Future Broker*- Ataeclatloe. New Orb-ntis and Chicago Boards of Trad* I New York Coffft Exchange. I Associate MemN^ra Liverpool Cotton Asa’% New York and Chicago Correspondents. J. ft. BACHE A CO„ AND BARTLETT, FRAZIER A CARRINGTON. PRIVATE WIRES TO ALL POINTS# Cotton will depend «»» the weather. I Wheat Is still ImmiiuI upward, and should 1 .*• bought oi» weak *|M>to. ALONZO B?ICHAKDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS 'Empire Building- Bell Phone, Mailt V& ATLANTA. GEORGIA. ATLANTA NATIONAL BANK ATLANTA, GA C. E. CURRIER, Prejlden:. H. T. INMAN. VIce-PretldenL GEO. R. DONOVAN, Caihler. JAMES S. FLOYD, Aieiitant Cashier. Capital 3500,000 00 Surplu- and Undivided Profits * ^ We Solicit Your Patronage.