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