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i 10 COTTON WAS WEAK IN — — TTTE ATLANTA GEORGIAN AND NEWS. 1HIKSPAT, MAT Slump at Close in Liverpool and Better Weather Factors. NEWS AND GOSSIP of tbo Fleecy Staple. NEW YORK STEADY During Early Session Held Well Above the Pre vious Close. New York. Mar 2.—The rotton market opened strong and active on bulll*h cable*, heavy coimuiMlon lionise buying ami Inc of near month* by room snorts. FI rat prices were 6 to 13 point* higher, but at 10:30 a. m. the market had quieted down some- wbat aud wa# off 3 polnta from the top price*. At the cloae Now York waa barely steady In tone with the near uiontha net 9 to 12 polnta higher, while new crop ahowed galna of from 5 to 7 polnta. Comparative receipt* at all U. 8. porta: Net receipt* today. Mny 2 8.214 8ame day Inst year 14.628 Decrease 6.284 Total receipt* for four day* 57.803 Same day* last ycnr 68,977 Deere****, 11,174 Total receipt* since September 1....9,385,035 8ame time last year 7.161,829 Increase 2,223.206 Estimated receipts Friday: 1997. New Orleans 1,100 to 1.600 Galveston 4.000 to 6.000 Houston 1,700 to 1,900 Movement at Atlanta: Receipts today Same day last year .. Decrease Shipments today Same day last year * Decrease Stork on hand today Same day last year, corrected ,1906 2.511 4.100 3.267 8POT -COTTON MARKET. Liverpool, steady; middling uplands 6.59d. Atlanta, steady; middling 114e- New York, Rtesdy; middling 11.65c. New Orleans, *teady; middling 114 Savannah, steady; middling 114c. Wilmington, steady; middling 11c. Boston, steady; middling 11.5.V. Augusta, steady; middling 1174c. St. Louts, steady; middling 114c. TODAY’S PORT RECEIPT8. The following table shows receipts at ths C >rts today, compared with the same day st year: New Orleans. . . Galveston. . . . , Mobile Savannah Charleston. . . . Wilmington. . . . Norfolk New York. . . . , Boston Philadelphia. . . , Pacific roast. . . , INTERIOR RECEIPT8. The following table shows receipts st ths Interior towns today, compared with ths asms day last year: ■ | . lek & Clark.) New York. May I—J. H. Bar be .V. Co.: Liverpool was due 34 lower on near and 5ty06 lower ou distant. Opened 3 lower on near and 34 lower on distant. At 12:16 p. m., quiet, net 3044 lower on old nnd 344/4 lower on new crop months. Moderate demand for spots at 3 points advance; mid dling 6.tod; sales 8,000; American 6.200; ex port 600. Port receipts todoy estimated early at 8,000. against 14,000 last year. Liverpool cornea higher on the new crops this morning. The real underlying reasons for the advnnee Is the strength of the cot ton good* market abroad aud poor weather conditions. Hull cliques have no doubt the near month situation well In hand. We be lieve the.market a buy on all declines. Hubbard s good buyer of July. KchIU bucking the market, offering 2,000 October at 16.34c. Buying very good this morning. Mar ket seems to be full of buying orders. Following are the 11 a. in. bids: May 19.19c; July 10.27c; October 10.31c; January 10.51c. Smaller traders figured thqt should the weather Indications for over the week-end prove favorable, the market‘would hare to take a lot of cotton on Friday aud Satur day, nnd there was n tendency to anticipate the usual week-end realising, which mny 1 discount the event, particularly should the week-cud figures prove us bullish ss those of last week. A former planter on cotton floor says "The only seed uow left to nlnnt Is poor, aud with s great possibility of this seed not coming up, stand will be very defective. This seems to be general all over the Houtb. While In some former years the outlook was very bad; tuere was plenty of “ J ‘intlng seed, whereas nt present very little good seed to l»e had for lore or money. This Is a very serious mat ter for the South." Exporters are believed to be short of July, both here nnd In New Orleans, and while this Interest Is supposed to be hedged In Liverpool part of the reeent demand Is credited to this account. New Orleans, May 2.—liny ward, Vick A Clark: Weather conditions during the past twenty-four hours were more favorable. Wanner In the west belt. Precipitation iu the Interior was generally acattered and light. Home heavy rains on the coast—Gal veston, New Orleans and Mobile. Indica tion* are for partly cloudy weather, slowly rising temperatures In cast half of belt, some cooler in northwestern states and ter rltorles. Big operators selling underhand here, and the same news we have from Liverpool. Western belt partly cloudy; showers all over Texas. The Tlmes-Democrat: "Yesterday's cot ton market boiled over nnd simmered down a bit. Logically, tbe weather map and Liv erpool attitude should have tempered the lo cal tendency, lint tbe strength of July long position and the fright of tile entrapped short quickly kindled a pretty hot fire. That tne midsummer month* ]* cornered has been known for several days, and the student of speculation Inis hourly expect ed something to happen. The situation. In- Edited by Joseph B. Lively MARKETS Mr. Lively's twenty-five years' experience of ed iting markets in Atlanta and the South has made him a recognized au thority In bis specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAME OF STOCK. Amalgamated Copper - Atlantic Coast Line . America o Sugar lief. . . Anaconda ....... American Locomotive. do, preferred . • .. . Am. Smelting lief. • . . do, preferred . • .. Baltimore & Ohio .... Brooklyn Rapid Tran.. • Canadian Pacific .... Chicago and Northw’o. . Chesapeake A Ohio . . . Colorado Fuel A Iron. . Central Leather do, preferred ilcago A Great W. . , . jlcago, M.. A 8L P.. . 'elawore A Hudson. . , (•tiller's Securities. • . Erl* do, preferred General Electric . . . . Illinois Central . • • . , , Am. Ice Securities . . • , Louisville A Nashville. , . Mexican Central Missouri Pacific NAME OF STOCK. N. Y.. Out. * W. National Lead Northern Pacific. New York Central. ...... Norfolk A Western. Pennsylvania. . , . People's Gas. Pressed Steel Car. _ do. preferred. ....... Pacific Mall. Beading. Republic Steel. ........ Bock Island. do. preferred United States _ do. preferred. ....... Southern Pacific. Southern Railway. ....... .. do. preferred. ....... Flosj-Sheffield. .....»•. Tenn. Coal A Iron Tex** A Pacific, Union Pacific. United States Steel....... - P"*«n-ed Ya.-Car.Chem leak _ jlo. preferred WAtern Union. . ....... "abash. . .... H .... . do. preferred. . 145% 101% :.7’ 1014 m NEW YORK. that the Houthern market bus advanced way beyond the season's parity with New York, and to within less than 50 point* o' Liverpool. The fact that the July short li being squeezed In New* Orleans Is a matter separate and distinct from conditions lo cal to New York and Liverpool, but the re lationship of the three markets Is too def inite and enduring to be wholly Ignored, even under existing circumstance*. Yester day at raddle selling here lifted the Ibl off the thing. Otherwise the advance would most probably have been gretter than It was. Pessimistic crop report# continue com ing In and In some *ectlnns the difficulty experienced In securing good seed fc more favorable crop outlook, but it can not bring additional tenderable cotton to the aid of the cornered ahort. HAYWARD. VICK & CLARK’S DAILY COTTON LETTER New Orleans, May 2.—The market In tbe morning behaved pretty much as yesterday. There was a sharp advance In July around the opening, followed by a decline on profit- taking by long*. Liverpool cablet to the same effect that leading longs are realising. New* crops are steady, and were pretty well supported on an official forecast for the western half of the belt of unsettled weatli •r, showers aud colder tomorrow. Wcatb er conditions daring th* past tweuty-four — !*ton. New Oricaua and Mobile. The official forecast for the eastern half of the belt Is favorable. Fair aud warmer weather Is promised generally. The Into- sight for the week prints to about 102.0HO, against 120,449 last year and 162,677 In 19nu. An Indifferent visible supply statement Is expected. Spots are quiet and steady; uo new features. About 1,000 May notices were circulating for quit* * while, showing that M*y longs have largely transferrin! Into July. They wer* flu* 11/ taken up at au attractive discount under July. Futures rulad very quiet after the flrat hour, trad ing principally in uew crops. New York, May 2.—J. 8. Bache A Co.: Liverpool cabtee were higher on the new crop mouthe, and the New York market opened at advance of from 6019 point*. Trading wa* not *o active aa yesterday, and there wna a more nervous undertone to the dealings. Reaction on profit-taking fol lowed later, but the new crop mouths held firm with small recession. Prospect* of f*-, vurable weather hud aome Influence later In the morning, and declines were brought about. The advance In prices has been more or less sharp, aud we are Inclined to believe shorts have been covered freely, •o that the market Is tn a critical technical condition and susceptible to pressure either wny. Hhmild the weather conditions Im prove, declines would 1h» quickly brought about. However, we bellevn there would In* enough buying on the decline to keep prices steady. NOTHING DOING FOR EXPORT; PRICES OUT OF REACH. The New York <'ommerclal: There ap pears to be no doubt In the minds of expert cotton 'goods brokers, and seller* for ex port account, thnt the high price* now being demanded f«r cotton goods have ef- factually put a stop to export business for the time being. Practically nothing in the way of new husliiets can l*e reported this week In the export division of the cot ton good# market and In other quarters bualnes* Is reported ns flat and absolutely Stagnant. \ery few Inquiries have come forward from Red Reg ports, while nothing new has been done for Routh American »<• count or for tbe West Indies. Heller* here state that the good* already purchased mid ■hipped abroad to Ronth America and other points atilt remain* In those markets un 1-ntll .,_l. ... I.I.. - on American shirtings will still further re strict export demand. It Is stated, and u» tbe btursre have sufficient goods on hand but that further development will be nwnlt- ed In the hopes of a drop In price. China advices received this week are re ported to be even more discouraging ns thev state thot nothing In the way of new busi ness can lie expected for China account within the fiext five to six months. Private advices received state that American goods not moving Iu the Chinn nisrket aud tiseles* to look for new bualnes* from lilnii within five months, and that even should the demand show signs of reviving within thnt period the orders coining for ward will only be for small amounts. ' The domestic consumption of cotton goods _ »<•* steadily on nod this Is entirely respon sible for the present strength of the mar ket ninl the recent advances named. Had It not been for tho heavy demand for do mestic consumption there Is no doubt flint with a falling off In the exports for the nst nine months, ending March 31. of 292.- - • 1 ••• igg,. the —st nine months, ending aiarcii or .v.'. ■.466 vards representing n value of 916,189. 204 a* com pared with the exports for th< corresponding nine months In tho prev 1 —■* year, prices would have undoubtedly tn a bad slump and the market would t« !h» practically demoralised. revlonn taken Hlay June.. July. . Aug. . Kept. Oct. . Nor. . Dee. . Closed barely steady. 10.24-26 10.15-1$ 10.26-28 10.16-17 10.93 10.21-22 10.20-22110.11-1: 10.12-14 10.93 10.34-36 10.37-38 10.53-54 10.06-07 10.27 10.28-30 10.32-83 10.48-49 LIVERPOOL. The following Is tbe opening range, 2 p. m. and close, compared with yesterday: Future* opened barely aleady. Opening Range. 2 p. tn. May 6.09 -6.094 6.00 May-June ...6.08 -6.084 6.0# .Iulie-July ....6.024-6.02 6.03* Jniy Avguat .6.99 -6.99 Aug.-Sept. . .6.89 Nor. ...6.74 -6.734 Nor.-Dec. ...6.724 5.714 pec.-Jan 5.704 Jan.-Feb. ...6.71 ”-5.70 .... Feb.-Mar. ...6.71 -5.724 6.714 Closed quiet, bntHteady. NEW ORLEANS. The following Is the range ln cotton fa- turae la New Orleans today: » i o| B k' 5 Ill 1 If • Mny June. , , . July Aug. , . . Sept. . . . Oct Nov. . . . Dec Jan ll.34jll.34 1L66 1L66 11.25 11.25 moioiio 10.66 10.67 10.70110.71 11.11 1L40 11.25 i'o!56 10.65 10.60 11.18)11.16-16 10.20-22 11.46 11.46-46 11.17 11.18-19 10.70 10.6110.60-61 10.60-61 10.60 10.59-60 10.63110.61-63 11.27-29 11.27 11.51-52 11.21-22 10.71 10.69- 60 10.69- 61 10.69- 60 10.62-64 Closed barely stead Id ... ■■■■ NOTES ON GRAIN. Pointers on Provisions. COTTON SEED OIL. Following la Ikp np.nlng and Honing of he New York dVttou seed oil market: " Close. < “ ATLANTA MARKETS. FRUIT AND PRODUCE. active, loc pound: turkeys, undrawn. ac tive, 15016c pound; fries, active, 18020c pound: bens, 14c wound. PRODUCE—Lards. 10c pound; barns, ac tive, 16c pound; shoulders, active, 9e pound: atdea, active. 10c pound; butter, active. t| 0224c pound; beesrax. active, 25c pound; active, 8c pound; boue/ In VMHPVocka, active. i2c pound; drted^ apples, 6c pound; white peas, active, 93ffl bushel: lady pens, 33.60; stock. 91.7602.15. 1 FltukT8— Lemons, fancy Mcsscnn, $6,750 6.00. Bananas, per hunch, culls, active. 90c 091; straights. 91-6002- Pineapples, Fieri da *t«>ck, per crate. 94.50. Oranges, Florida stock, owing to site and condition on nr rival, per box, 94.0004.50, Apples, choice Ren Davis, none; fancy. $6.60; New York atnte b ‘ fancy, 96.50, (trap* fruit. Florida owing to alxe and color, per box, 92.604i3.5o. Limes, Florida Block, per hundred 91.26; Peanuts In sack, averaging one hundred pouuds each, owing to grade, per pound 64074c. 8tr*w!*errle*, 124016c, active; cabbage, standard crates, sc jf| $2.75 crate; cabbage, barrels, 2Mr* R»,; egg plant, slow, 92.60 crate; cucumt>cra. 92.00 crate; tomatoes, fancy, active, 92.600 $3 00; potatoes, new cron, 3606 barrel; unions dry, active, 92.15 bushel; Irish potatoes, ac tive, No. 1 91.l6tfl.20 bushel- celery, fancy. 92 50 per crate; peppers, active. UO crate; okra, all basket*, small, $3 crate; cstill flower, active, 607c pound; lettuce, headed, active. 92 crate; sweet potatoes, white, ac tive. 60c bushel; kraut, half-barrel, $3.75; beans. 93.50 crate; English peas, crate; Egyptian onion, 44c pound*. FLOUR. GRAIN AND PROVISIONS FLOUR- Highest patent 95.10; i»eat patent 94.76; standard patent 94.36; half patent f ‘1; sprlnc wheat patent $5. I'OKN No. 2 white 72c; choice white 75c; white feed, tide; No. 2 > el low. 73c; mixed. 71c* cracked corn, per bushel, 75**; India, $12.50. CHICKEN FRKD---Fifty pound sack*. #*; Purina chick feed 91.90; \Vtor feed, 91.34; Banner feed, 91.26; bran feed, 91.30. OATS No. whtttfJlBilHM^ Golden oats. 66c. Special to The Georgian. < Front Hayward. Vick A Clark.) Chicago, Mny 2.—Bartlett, Frasier A Car rington: The wdntcr wheat outlook, the un favorable seeding conditions In tbe north west nnd the strength In tho European posi tion, which Is Just beginning to be appre ciated, will make the long side the dividend- paying. Do not overload, for we will see some rend Ion*. Have a little on hand and buy ou the breaks. Get some roru urn! September oats on auy set-back. Chicago Uecord-IIernld: T. J. Brossnahan linn been admitted to a general partnership In the firm of Uignu A llryap, outing from today. Mr. Bros*nnlinn has been manager of the firm's office* for a number of years, nnd has grown up w’lrb the concern. Reports were received here yesterday that the Ciinndlnti Northern road was blocked with wheat car* on some of Its lines ns the result of special efforts that were being made to hurry grain forward for export. The arrivals of wheat nt Winnipeg yester- *ay were 211 cars, as against 434 n year ugo. fferlng* of Manitoba wdieat for export have been restricted for several days be muse of the Inek of adequate supplies at the-*enboard. "I examined a number of fields this morn ing while the whent was wet, aud found a great ninny more bugs working than last night.’' wired Hoyt from Wichita to Lake. VI nlno find thnt tho only wheat thnt Is alive and growing la the main straw. All the lower leave* and suckers are entirely dead. Shall stay here tomorrow aud look at the fields In this vicinity. Iu my Judg ment, the wheat In the territory thnt I hare covered the laat few dnya Is Irrevtwn- hly damaged 35 to 40 polnta. No matter how much rnlu falls, they can never recover tbe loss." „ Kansas City correspondent of Clement- Ciirtla sends following: "Coburn’s report, out last night, make* whent condition 84. Area plowed up, 280.000 acres. Condition lower than I expected, blit Is bnsed on re turns made last week nt most critical time. Itnln and snow general throughout the state was 70 last June on about same area and crop exceeded 90.00n.000 bushels. Prominent elevator concern* report says almost n full crop to be expected. Missouri report will be out late Saturday.’' Hradstreet's report of the available supply Inst week shows tho following changes: Decrease 1907. • 1906. Whent east of Rocklea... *710.000 4.775.00< Europe ami afloat 100,000 *700,00t Total *. *610,000 4.075.00* Corn 1,640,000 2,749,(XX Oats 89,000 1,856,001 •Increase. The steamer W. II. Kerr cleared from Du Inlli yesterday with the largest cargo of wheat ever put afloat on great lakes, 440,000 huNhels. This Is the Kerr's maiden cargo. Highest previous record was 378,000 bushels. A late private Liverpool cable read: "The weakness nt Budapest, which was off Sc per bushel. I* attributed to late advices of Im proved weather conditions In Hungary, which Is causing more confidence umong sellers." E. W. Wright, of Portland, Ore., who has Just returned from Europe, reports that on till* and on a former trip laat November he found the English and Irish millers working with scarcely any stocks of wheat ou hand and generally wondering at the weakness of the 'American grain markets. Mr. Wright's iiiIsmIoii In Europe was Ui the In terest of the llarrlmnn lilies to secure uni form ocean grain freights from the three principal Pacific port* He was In confer TRADING IN WHEAT WAS BIGjAND ACTIVE News Was All Bullish and Prices at Start Was Sharply Higher. Chicago, May 2.—Enormous profits were In ken by longs In whent and oats today, nnd there was some selling by corn longs. Tills grain, put upon the market a* It wus around the best prices reached, caused n reaction and setback from the bard spots reached, yet there was a strong undertone nt the end of the day, when net gains of 404c were shown by wheat, bt)t losses of 404c by corn and 40%c by. oat*. Hog products were up a shade for the day. Crop news front America' ami Europe were again unfavorable In character, nnd report* were received from Liverpool of the continent taking wheat In large quanti ties. Northwestern and primary receipts of wheat were much larger than>n year ago, and the clearances from the seaboard were somewhat smaller. According to a Broom- hall cable, Argentina is expected to ship 4,000,000 bushels of wheat and 240,000 bushels of corn this week. Cush sales here Included 2.1,000 bushels of wheat. 160,000 bushels of corn nnd 40,- 000 bushels of oats. Tbe seaboard reported six loads of wheat, twelve loads of euro aud 100,000 bushels of oats. Chicago May 2.—With wheat prfrea from 4014c higher ut the opening, n big active trade waa Inaugurated this morning. It was too large aud general to follow Indi vidual operation!, but the . commission houses were nil active on both sides. The strong cables, unfavorable Russian news and reports of whent being killed by frosts In the southwest, caused the upturn. There tins been heavy profit-taking, but the mar ket Is taking the offerings well. Northwest receipts show -some falling off, but are •till In excess of last year. Trade In corn was not large, but prices were a shade higher at the opening, easing off later on selling by Rartlett-Frnxler. There was a big, active trade In onts, with May selling a cent higher aud July up 4c on shorts covering. CHICAGO GRAIN MARKET. WEATHER REPORT. 8TATE FORECASTS. Georgia—Partly cloudy tonight; cooler In east nnd south portions; Friday partly cloudy. South Carolina—Partly cloudy tonight nnd cooler In south portlou; Friday fair- nnd warmer In Interior. Alabnmn—Partly cloudy tonight; warmer In the north portion; Friday fair; warmer iu the Interior. WEATHER CONDITIONS. The conditions continue more or less un settled over moat of the country, and pre cipitation hna occurred In portions of Texas, Louisiana, Alabama. Georgia, along the At lantic const nnd In the northern Rocky Mountain district*. In Wyoming nnd South Dakota snow waa falling this morning, while rain was falling nt Taylor, Tex.. Charlotte nnd Wilmington, N. C., and Nor- Frosts were quite general all Over Mis souri, Indiana, Illinois and Ohio. The tem perature has fnllen In tho far northwest and over the North Atlantic state*. An area of high pressure covers the northwestern quarter of the map, while an area of low pressure Is centered In the southwest. „ ., . . The condition* are favorable for fair weather In this sectlou tonight and trldny; not quite so warm. COTTON REGION BULLETIN. For the 24 hours ending at 8 a. m., 75th meridian time. May 2, 1907. STATIONS ATLANTA DISTRICT. for today follow: July 844 Sent 864 CORN- £$ 504 824 814 814 804 g* si w * July Hept.. OAT8- May 474 July 434 Sept 3«4 PORK- May.. 15.65 July.. 15.924 Sept LARD— Mny... 8,074 July... 8.824 •lent... 8.90 SIDES— Mny... 8.60 July... 8.75 Hept... 8.85 604 604 604 494 Tuf §4 494 504 4974 504 60 504 ^Atlanta, cloudy. . . •Chattanooga, cloudy Columbus, cloudy. . . Gainesville, cloudy. Greenville, cloudy. . , Griffin, cloudy. . . •Macon, cloudy Montlcello, cloudy, . . Newnnti. cloudy. . . . Rome, cloudy Spartanburg, cloudy. . Tallapoosa, cloudy. . Toccoa, clear West Point, cloudy... •Minimum rlod Heavy Rainfalls. Clinton, la., 1.98: Lafayette, Ln., 2.00; Franklin, Ln., 2.76; Melville, lai.. 2.24; Ope lousas, La.. 1.90; Payne, I«n„ 1.80; Kchrlener, !<a., 1.60; Wharton, Tex., 1.54. i;i Special to The Georgian. (From Hayward, Vick A Clark.) New York, May 2.—J. S. Bache A Co.: Loudon market slightly Irregular. Talk of reduction In bank rate to 34 per cent, pro viding Faria demand la nearly satisfied. The bear* have been waiting for an op portunity, and lost no time ln attacking the market yesterday. There la one thing that should uot be overlooked In this market, and that la the recent court decisions. They have without exception been favorable to the different corporations and will go a long way toward restoring confidence to In vestors. The Iron and steel situation, It is stated, could hardly be better. The copper situation speaks for itself, aud rising prices lu the metal of dally occurrences. The Price Current denies the Insect dam age, and merely states crops, are backward on account of unfavorable weather. A little change lu weather would rectify this. There was a slight flurry In call rates yes terday, but no significance attached to It. Bank of England rate unchanged aud Americans are steady. Town Topics; We look for the reaction to run a little further, ln which case we would not hesitate to buy good stocks gen erally. Crop news Is unfavorable, but too much stress is being laid on tbls In tbe stock market nnd not enough on the other generally bullish conditions. The agricul tural communities are so thoroughly pros perous that a comparatively small winter wheat harvest or s reduced yield of cotton will uot be a particularly distressing factor, especially as higher prices for these com modities will practically reimburse farmer and planter. A let-up Is necessary, and If a falling off of 100,000,000 bushels, fr even twice as much In the winter wheat harvest Is necessary to bring It about. It will uot be an unmlxen evil by any means. The Atchison convertible bond Issue an nouncement will be followed by other financing operations from time to time as the money market permits. But this will scarcely be carried to excess and money will probably continue cheap during tbe next two months at least. The bond market shows more signs of life thau for a long time. We especially favor Southern Pacific, St. Paul and Reading, which will be found the '?aders In the next upward movement. Buy w'heat nnd cotton on the soft spots >r good profits. London mixed. Atchison down 4. Union As Session Progressed the Tone Became Strong- Prices Advanced. UNION PACIFIC LED London Trading Mixed, Sales Exceeding Pur chases. Union Pacific continues to meet realizing nt present, but support It round uu. Amalgamated hangs between 93 and 97. nd we think It mny be bought for turns on this recession when weak, ns the copper situation Is stronger nod must have specula tive bullish Information, temporarily at least. Too much stock was encountered In Smelt ing 136 to 136, nnd the limitation of 136 and 132 is now reported. Atchison held between 94 nnd 97. St. Paul meets considerable stock around 18: supported around 135. Great Northern preferred should be pur chased toward 135. with a small stop if the dally trader so desires. Northern Pacific held between 132 nnd 136 1th good buying on a scale down. Pennsylvania ln trading position between 120 nnd 128. Southern Pacific may be bought on reac- New York, Mar *-Tod»y« market wal dominated ugnln by a renewal of the m mors which were current nt the outset of the week concerning certain large financial plans for the Union Pacific. The gossip Wall street took the form of a holdln* company to take over the Investment in., terest in this compsuy In other companies and bids were even made ou the curb mart ket for the stock of the uew concern when Issued. In more reliable sources, how thun tbe floor of the stock exchange a ferent version of the Impending deal wai expressed. This was to the effect that ths Union Pacific preferred shares were to 1* THE COFFEE MARKET. retired at par aud the whole of the pany’s earnings thus made available for th# common stock. Considerable color was Jpnt to this report by the abrupt rise of s points In qJnlon Pacific preferred on nn iinusuai volume of trading. Along with this th# common stock rose 3 points and Southern Pacific 2. nnd the general market, which had hesitated nt the opening, qutcklv gained strength nil around, weather reports wer# again deeidedly unfavorably, and wheat on. tlons advanced another cent In the bushel but In view of the larger Importance from n speculative standpoint, the Union Pacific the crop news was virtually ignored. New York, May. 2.—The stock market opened Irregular, with the strong featur# the Copper stocks. Amalgamated was u D 4. Smelting 4 and Anaconda 4. Rcadinlr advanced 4, but Immediately lost 4. Atch ison lost lu all %. Northern Pacific and Chesapeake and Ohio started 4 lower. Union Pacific Is down 4. Penusylvanii advanced 4 and St. Paul started In 4 low- There was continued pressure on th# market lu the early trading, but ns the first hour progressed the tone became strong and nn upward movement started, led by Union Pacific, on which prices moved up 1014 points before the end of the hour, nnd nt thnt time the market wni strong nnd •nlrly active, with an Increased demand at the higher price levels. London trading was mixed, sales exceeding pur. chases by about 15,000 shares. There wn# nn appearance of quiet investment buying, nud commission bouses reported a little Increase In outside speculative interest. Government bonds unchanged. Other bonds quiet. MONEY AND EXCHANGE. New York, May 2.—Money on call, 2^2*i; time loans quiet; 60 dnya, 34; 90-day bill*, 3404; 6 months, 4404%. Posted rates: Sterling exchange, S4.R4@ New York, May 2.—Following ara coffee 4.8345 for 60-day bills, cables: Havre, 10 n. m.—Market quiet; 12 noon, advanced 4 franc; sales. 10,000. Hamburg, 10 n. m.—Market declined 4 pfennig; sales, 26,000. Rio receipts. 9.000; shipments, n market weak. 8no Paulo receipts, 41,000; Jundlnby re ceipts, 31,000. Illo clearances to Europe 74,010: Santos, 641,000; Rio clearances' to United States, 63,000; Santos. 336.000; Victo ria clearances to United States, 71,000. The following figures giro the opening range aud close or tho New York cuffes market for today: Opening Ilanire. Close. 15.674 15.974 15.66 15.96 16.06 8.624 8.75 8.874 8.60 X. H. Fairchild. sacks. 71c; term, 81.25. HAY—Timothy, choice large bales. 81.80; do choice, smell bales. 91.30: do No. \ third bales. 91.30: do No. 2 third bales 91.20: No. 1 clover, mixed, 91.20; cholc*-prairie 91; ber- niuds 91. SHORTS—Choice white 81.45; Texes white 91.35; fancy bOpound 91.35; brown 800100- pound 91.90. PROVISIf NS. PROVISIONS -Supreme hams, 164c; bel- lies. 20026 pound average. 10c; fat box 8.224; plate*. S.lo; Supreme lard, 97*; Purity compound Stye; California Lama, 10.50; dry salt extra ribs, 9.25c. GROCERIES. IIICE—Jap 5064c; head 607c; fancy head *- * grade. cream dairy, 164c; SUGAR Standard granulated 95.10; New York refined 4Sc; plantation 44c. COFFEE Roasted Arbuckles $16; p u |g | D „„ • - eats. .—. 31.Y». Orsters. full weight. 32 case; light weight. 91.10 case. Evaporated apples. 7%e pound. Pepper. 19c. Baking powders. 45 case. Red salmon, 95 caae. Pink salmon. $4.35 case. Cocoa. «0c; chocolate. 33**; snuff. 1-poun I Jars, 48c. Roast beef. $2.60 case _ 4 ^ Corned beef, 12.60 case. Catsup. $1.9) case. I uilxwl. «.•: I alrop- **» Ori-.n. »<• gnllnn: .orn, JO- I gulloii; t uba. 35c gallon; Georgia cane, 2».«- MKAI IMtln. p**r KpoilllA Mi ka. 69.'; I IdO-pcnicd. 50r. Alls trrftr. |1.;5. So.!., pblu. « p..u,„l «<*•. :>V; plain. W'POTim I ' i*oun \ 64f. Tomatoes. 2-pound. $1.90 caae; {•-pound. 92.r* *■' * ~“ * L. H. FAIRCHILD & COMPANY. NEW ORLEANS. 5f* S rl *“V?<X'?? ExcU*n#fc N,w TorU Coffeo EKhanfo. Naw York Cotton £xeto»n|fe. New Orleans Board of Trad* fctw Orleans Stock .Exchange. Chicago Board of Trade. . LIVERPOOL COTTON ASSOCIATION. Private wires to NEW YORK nnJ CUIC.WO- Orders eolloLed foe I •are eeuvecr. on abovo Exchangee. B. c. COTttltAK . b«*aua. $2; Lima beans. . . lle*t matches. i»er gross. 31.65. Maca roni. $407c per pound. Sardines, mustard, 93.35 case. Potash. $3.2303.80 case. Peanuts. It.»pe, 4-ply cotton, ISc. Soap, $1,500 ;$?• FISH. Bream. 7c pound: snapper, jiv pound; trout. 8c pound: blue fish. 7c pound; p«m- pa no. 25c pound: mackerel. ! ’He ,>«tind: mixed fish. 5c pound: fre«h water trout. 9c pound; Florida shad roe l\c; buck 19ct n*'*-ala anad roe. 40c: buck, lie each. THE LIVERPOOL GRAIN MARKET. Wheat opened 401 higher, nnd at 1:30 p. m. 78014 higher. Closed 4074 higher. Corn opened 404 higher, nnd nt'l:$) p. tn. 404 higher. Closed 4 higher. NAVAL STORES. Special to The Georgian. Savannah. May 2.—Turin ante*. 60; receipts, 356. Rosin firm: sales, 939; receipt*. 1,8*0; win dow gin**. 95.66; water-white, $5.40; M, 95.35; N. 35.20; K. 95.15; I. 15.00; H. 34.85; G. $4.75; F, 94.70; E, 94.56; D. $4.50; r, $4.45. Atlanta. . Augusta. . Charleston. Galveston. Little Roek.... Memphis. . . . Mobile Montgomery. .. New Orleans.. Oklahoma. . . Savannah. . . Vicksburg. . . Wilmington: . blUfRU T A‘VBhAfiBW.1 II Jnnunry .. .. February March April May June July August September .. .. October .. .. .. November .. .. . December .. .. Closed steady. 5.26-5.30 5.25-5.30 5.30-6.35 .* *’..6.45-6.50 5.35-6.45 5.30-5.35 5.20-5.30 5.26-6.80 6.26-5.30 5.20-5.30 5.20-5.25 Sales 31,250 bags. 6.26 5.30 6.25- 5.30 6.30- 5.351 6.80-6.40 5.45-5.50 5.305.40 5.30- 5.35 5.25- 6.30 6.25- 5.80 5.25- 6.30 5.25- 5.30 5.25-5.30 THE LIVE 8TOCK MARKET. Chicago, May 2.—Hogs—Receipts 21,010. Market slow: light $6.8506.66: mixed 96.200 6.55; heavy $6.1506.60; rough $6.1506.80; pigs 96.9006.46; yorkers $6.6006.56; good to choice heavy $6.4006.50. Cattle—Receipts 6.600. Market steady; beeves 34.2506.40; cows $1.8004.90; heifers 92.6006.30; calves $405.75; good prime steers 95.8506.40; poor to medium 94.2505.30; Stock er* nnd feeder* 92.9006.16. Sheep— Receipts 12,000. Market steady; nn- CHICAGO CAR LOTS. T. Indicates Inappreciable rainfall. *For yesterday. ••For 24 hours ending 9 a. tn., •5th meridian time.* Remarks, Higher tempfmatures are reported from Texna nnd Oklahoma; elsewhere the tem- peratnre continues nearly stationary. Ex cept In Oklnbomn. light rains have been general In alt districts, being inappreciable In the Memphis district. J. B. MARRURY. Section Director. and estimated receipts for tomorrow art as followa: Today. Tomnr. Whent • 21 26 Corn 120 204 Onto 167 220 Roga, head 21000 22000 If you have lost anything you will find it very conven ient to telephone your Want Ad to The Georgian and News. We will charge it if ? our name is in one of the 'hone directories. Bar silver. 654; London bar silver, 3164 decline at 30 3-l6d. Government bonds unchanged. Railroad MINING ST0CK8. Butte 88, Callfornla-Arlzoua 17, Michigan 1574. THE LONDON STOCK MARKET. Anaconda Atchison , Amalgamated Copper .. Baltimore and Ohio .... Chesapeake ond Ohio Chicago and Great Western.. Canadian Pacific Erie do. preferred nols '* * nan i do, Louisville nrnl Nashville Mexican Central .. .. .. . Norfolk and Western .. .. New York Central Ontario and Western .. ”* nnsylvnnln St. Paul Union Pacific United States Steel do, preferred .. , CARNEGIES SAIL FOR SKIBO CASTLE Sew York. May 2.—Mr. and Mr. Andrew Carnegie and daughter will .all for Europe May 8 to .pend tin eunimer. They will go direct to SkIM castle, where Mr. Carnegie will .pmJ moit of hi. time. Prompt Work Saves Nagrs. Special to The Georgian. Decatur, Ala., May 2.—A lynrhlnf wa* barely averted here by the prompt action of the authorities, who .peedll? organised a grand jury, Indicted a ne gro named Lipscomb, and spirited him off to Birmingham for .afe-kecplng Tho negro had attempted an nssault on Mrs. Hchrump.hcr, a daughter of former Sheriff 811a. P. Ryan. THE METAL MARKET. the bid nnd nuked price Tin .ieehlt'dly easier. Spelter off 5 |"||lith. Lend tlnchfliisci. HAYWARD, VICK & CLARK, COTTON, STOCKS, BONDS, COFFEE, GRAIN AND PROVISION#. Carondelet and Gravier Sts* New Orleans MEMBERS: New Orle.na Cotton Eichsogo. | New Orleono Fotor. Brokers' AoKl.lloh New York Cotton Kichingo. I N»w grlMn, «nd CWc«ito Board, of Trad* (i.lrc.toa Cotton I’lchans,. New York ( offo^ Exchange. Uou.too Cottoa Exchange. I AMoclote MemhCro Liverpool Cotton la x New York and Chicago Correspondent.. J. S. BACHE & CO., AND BARTLETT, FRAZIER « CARRINGTON. PRIVATE WIRES TO ALL POINTS. ALONZO RICHARDSON & CO. PUBLIC ACCOUNTANTS AND AUDITORS Ciupire Building. ATLANTA. Bell Phone, Main 858. OEORGIA. Central Bank and Trust Corporation CAPITAL $500,000.00 Candler Building. Branch, Corner Mitchell and Forsyth Streets OFFICERSi ASA O. CANDLER, Pruldent. ‘ A. P. COLES, Cashier. WM. D. OWENS. A mutant Coibltr. 4 Per Cent Compound Interest Paid on Savings Deposits ATLANTA NATIONAL BANK ATLANTA, GA C. E. CURRIER, President. H. T. INMAN, VIce-PretldenL GEO. R. DONOVAN, Cashier. JAMES S. FLOYD, A,glttant Cashier. Capital Surplus and Undivided Profits $500,000.00 $650,000.00 We Solicit Your Patronage.