Newspaper Page Text
I
THE ATLANTA GEORGIAN AND NEWS.
f¥BUNKSDAY, IIAJ §, lKff.
19
ENGLISH CABLES
SUGHTLT LOWER
Opened Near Months in New
York Somewhat
Lower.
lA TE MONTHS FIRMER
Due to Reports of Continued
Unfavorable Weather in
the Belt.
.... York. May After a oorvou, i
s -kit irregular opening this morning
KSiftoiKr entiles, the loent cotton
itrected by bail weather news
onlckly advanced, the new crop
•a*J^"howingespecial strength. The
.tVieared to be by outsiders, and
5%fl5TSZ*« displayed a tendency
to broaden.
NEWS AND GOSSIP
of the Fleecy Staple.
Special to The Georgian.
(From Hayward, Vick ....
Now York, May 8—J. a. Bach & Cora
pony: Liverpool was duo 1% to 2 points
lower on near and 2V4 lower on lato months.
Opened steady 4 lower on near and 4% lower
on late. At 12:15 p. m., quiet 4% to 6 lower
on near and 6 to 5% lower on late months.
Spot cotton fair business doing, at 3 points
lower; American middling 6.72: sales 3,000
Clark.)
Era# tote months. The nearby months
£L adversely affected by unfavorable Llv-
Kil MblS while the late positions were
on reports of continued rnlna In
fiW First prices, however, were prae-
*Mllr the lowest of the morning session.
£?%ih near and ater positions and at
»l'.n“it advance, all along the
5S S i points over the close of lues-
?“• October 6 points, December 3, January
f&rfiy 7 points higher.
i rtre from Tnpelo, Miss., saya: ‘"Two-
tUrdi of crop In this Bccttoa ylll have to
to rralunted. Still raining."
in be afternoon cotton was strong on
Ji hiring on the continued bad weather
Sports! New Orleans heavy buyers In .New
York and not much for sale.
In the Sew Orleans market there was
eontlneed substantial buying of the new
M A few days mors of Such bad
5s,hcr wonld carry the market much
higher.
At the close the New York market
pas very steady, at 12 to 21 points net
'’comparative receipt* at aU U. B. porta:
get receipts today . ” *
Bams day Inst year
Decrease
Total receipts for four Cays 42,660
Mate days last yepr 40,545
Increase J.01&
Total rerelpta *lnce September 1....9,445.931
Bane time lnat year 7,2»,0M
Increase 2,209,(91
Semi weekly Interior movement:
stocks $91,680 249,S71 207,640
Estimated receipts Thursday ^
Sew Orleans 1.000 to 1,000 2,045
Galveston J.MO to 4,603 2,447
Honsjon 1,000 to 1,500 2,254
Movement at Atlanta: I
Receipts today
11.8S0
ir,.iv-
;r.w
Same day lnat year ..
Increase
Shipments today
Same day last year ..
Deereaoe
Stock ou baud today
fikme day last year ..
Increase
...7.858
...3,363
...3,993
■.*». Bilirs 0,VW
lation and ox-
bales. Including
bales, American 7.100; ape
port 600; Imports 46,00u ,
44,000 American. Tenders new docket 1,000.
Liverpool eom<-« lower this morning,
heavy imports. Market looks reactionary,
but It will take many dnyg for the uew
crop to rocover lost ground. We would
therefore advise purchases on'all reactions.
A Liverpool cable says: “Market affected
by Egyptian self* * *■ **
from this side.’
Market very steady, look for further ad
vnnee; rains continue central belt
Following are 11 a. m. bids: May 10.53;
July 10.51; October 10.63; January 10.72.
New Orleans, May 8.—Hayward. Vick &
Clark: Map shows geuernlly cloudy weather
lu the belt except In eastern states, whero
It Is partly cloudy.
Bowie, Texas, .wires: Crop accounts nro
unfavorable. Weather too cloudy for plant.
Not much above ground. Ilalns continue
and labor scarce.
New crops stronger. New crops con now
bo bought on their own merits. Incessant
rain In the central states has credited
bullish outlook for next season.
DEMAND 8TEADY FROM
WEAVERS AND KNITTERS,
pcttuetlly tpnptfftp
the time being and have sufficient sup
plies on hand now to carry them for a
month or more. The larger manufactur
ers are now In the market and the orders
which they are placing have helped mate
rially to steady prices which, during the
past week, were decidedly Irregular.
The differences noted on the part of
some weavers Is gradually passing awn;~
as they have found selling agents mud
firmer In their Ideas than they expected.
The concessions granted in some quarters
hart been used as a bear argument to
force selling agents to make concessions,
btit whero the sellers And that their spin
nlng mills are fairly well covered for' n
month or two they aro refusing to name
any lower prices.
The smaller spinning mills are still ac
cepting orders at slight concessions, but
these orders are for small lots only, and
the deliveries range from June practically
through to December. Knitting yams are
uown, ure louiui 10 niuuuiii 10 very nine.
Within the past Week or ten days sales
have been made In the market nmountln;
to fully 2.000.000 pounds of weaving am
knitting yarns.
Print Cloths Continue Firm.
While no very large sales of regulars,
narrow goods or wide print cloth yarn con
struction goods were made yesterday, the
market remained firm, and on forward de
livery goods the fractional concessions
obtain-
granted lost week are no longer
able. On regulars the full 4 9-16 cents
now demanded Is the lowest quotations that
sellers will make for delivery through to
July. On ' 28-Inch 64x60'' prices range from
4 7-16 to 494 cents, according to the terms
of delivery. Converters are taking wide
jofla, especially In the higher counts, for
ctober, November and December delivery
ccording to tho statement made
goods brokers and sslllag i
yesterday tho stocks In tho bands o:
‘ ml mills are bolLg depleted to f
that makes the acceptance of ,
further business for May or June out oi
the question. The eloso downs In mills
SPOT COTTON MARKET.
Liverpool, easier; middling uplands 6.72.
Atlantn, steady; middling 119-16.
New York, steady; middling U.90.
New Orica us, firm; middling 1111-11
Savannah, sternly: middling 11%.
Boston, steady: middling 11.75.
Houston, steady; middling 12c.
Memphis, steady; middling 11%.
. Norfolk, firm; uilui..
Baltimore, nominal;
Bt I.ouli, steady; middling :
goods^ brokers and gelling agents
i
whicli will soon begin will further reduce
the amount of goods avallablo for the pres
ent or nearby needs of cutters, printers
and general converters.
TODAY’8 PORT RECEIPT8.
The following table shows receipts at the
lutVear CUIUp * reU wltl1 th# day
New Orica n i
Oslvestou
Mobile ;
farannah
Charleston
WllmtiigtuQ
Norfolk
Baltimore
Ntw York
Boston ....
{S&!*::::'
Total*
11880
151(8
, INTERIOR
TJ« following table
■°J5 m f nt ,»f cotton,
<7ay last ytar:
RECEIPTS,
show, tbe Interior
compared wttb tbe
1907
1908
Ronton ...
(Nfuta *.'.'„**
J|- tool*
CladtiMti ,,
2035
163
3000
15M
.185
14 27
3i*
m
8564
847
Jot.l,
6947
7090
Hayward, vick a clark-s
DAILY COTTON LETTER
f.v£d°. rl ? n \, M, » York opinion
tbe Idi i n i r' on *, ni1 evidently practlc.il
«6 I Dftinf. ! I ' ,V ®*P°° I * where futures show.
Mr Wrk.t,flit™.' °P* n,n * h0,,r of
tot fiTAr.»i: . c - OIKl ‘Uons l however, were
wit tL,hn? 16 * , movG - The weoth-
t, too tad, ,nd though wire communion-
KtUr , k , .j! r *W iatetnipted, there was
nrSni ntjll* J 1 —, ,rom the start, which
«!lo»« mot: S P*(nt«. higher In tho face
el * e'-here. Ahora 10.90 (or
4hU( however, there Is a good
wthw th?, * 1*' p f. n P ,e loolt at the price
for st conditions, and still hope
miSrZ'T* * n . 'he W.athor and n
5S. .I ,t h * '“*fkets. The ndvanco In
k; rrvi‘J‘1 “ r,w day* past was caused
•etioni operations la tho summer
SSTl, 1 ',* >-d weather only as a eldo
ST h* T * Changed now, oiul
gtW! 011 * —O created Tu the central
1,1 eettoo r *J ns hrlnr an advance
hi ei'tiLk ,' h> •fhstantlal basis of sep
al* larger In. n f*t seawn, which may
tw steadier support than did
let tb. tST.,' 1 , fo : PWMsiooal squeezes,
lor, d»Ts new crops cshlblled
ke Jniy. and they can now
Hu fK 1 'h'lr own merits. Heavy
' Jh'sht In the central and
“tel far tL* _?SI, ,ller showers nra Indl-
fm 'he middle sutes and the east-
hie <lari„. w /i, ro conditions were favora-
■pet • P*ft twenty-four hours,
•f iWv fJ?2SS , 5* ,d - Futures quiet
•M uio,,': iforocast further ralue
hi <tr„, the holt stopped realizing
?'(StMVh,».roectlon, l.ut It looka now
her: mae,i2i**,Ae some time tn gat sufft-
CV-, ""je '» new crop conditions and
rosthet over lie.
AhhongS [ |' J. 8. Bnehe A Co.t
•» mart,. sent over lower cahies,
a^ame firmer after the open
ing. 'rite weather conditions do not lm
c. and there Is uo attempt by the Ida
H,a to attack prices at this level, while
,i unfavorable reports aro received. In
ilion lions for today and tomorrow, accord
ing tn the weather man, point to nnsettled
isiudltions In Texos, Oklahoma and Arkan
sas, with continued rains. Soma Southern
realising was well absorbed, and caused
no serious setback. The activity was con
fined to the first hour, after shut prices
held steady. Liverpool rallied after our
i believe that a, the days
ATLANTA MARKETS.
FRUIT AND PRODUCE.
EOOB—Active, 17c.
LIVE POULTRY—HJW, active Kff40c
each: chickens actlvo 26fl31c each; ducks,
Pekin, 35c each: puddle 25030c cachj geese,
full feathered, 60c each; turkeys active l2Hc
pound.
IUtKSSKI) POULTRY—Oeeae, undrawn,
active 19c pound; turkeys, undrawn, active
UQMc pound: fries actlvo 11020c pound;
pnoii’ufn-Imrdl lie pound'; hints active
15c pound; shoulders active 9c pound; aides
active 19c pound: batter active 2><A025c;
beeswax active 25o pound; honey, bright,
active 10e pound: honey. In 1-pound blocks,
active 12HC pound: white ness active »»
bushel; lady peas 13.60 bushel; stock (L750
2.15 bushel. ■
FRUITS—lemons, fancy ifesaena, J5
B.7*iliannnns, per hunch, culls, acllvo I
straights 4c pound; pineapples, Cuban, per
1— sxrrji. —_.c —[ D(
. ^ n on arrival, par box
y apples. New York sir*-
stock, owing
...vsl, per hoi
ate fancy, (4.60:
crate (404.1 .
t,i size nr.il cnmll
*404.60; apples, No
grnpo fruit, Florida stock, owing to si
color, per f>ox V ' tf; limes, Florida stock,
per 100 11.50; peanuts. In sacks averaging
100 ponnds each, owing to grade, per pound.
white aqnash IlCl.tO erata; cabbage, crate,
(276: per pound In barreiajc: strawberries
10015c; tomatoes acUra (102.(0; potatoea,
«i!a‘r okra "six baskets; amalLI
letUCw, baadad, .«cUv»
sweet potatoes, white, active 95c
kraut, half barrel. IL7*t .beans, .™—
green, (116: wax (L2501.6O erata; aapara-
gua 25c 2-pound bunches; English peas,
GROCERIE8.
RICE-Jap 60614c; head (07c; fancy head
61407, according to the grade.
CIlfcESE-dYancy full cream dairy 17Hc:
t, fiUGAU—Standard granulatad B.10; New
' i' r . G FKE^RmKIal ArftieSea^ii balk Is
b WrcddVhl»eoftJ^csKn<n- 2 rolled oste
$3.25 case; sack grits, K-pound nags, $1.».
few Tti
ic'ui VteBff coSS
nrt sue pound; lomon,78c: oysttr 7c, Sf*
l-sriKeess w.fr
FLOUR AND GRAIN, ,
FLOUR-nighct patent *8.25; best patent
Edited by
Joseph B. Lively
MARKETS
Mr. Lively’s tweoty-flve
years' experience of ed
iting markets in Atlantn
and tbe South has made
bln a recognised au
thority In bis specialty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
NAME OP STOCK.
Amalgamated Copper .
Atlantic Coast Line •
American Sugar ttef. .
Auaconda
American Locomotive.
do, preferred ....
Am. smelting lief. . .
do, preferred • •
Atchison
do. preferred . a ..
American Cotton 011. .
Aru. Car Foundry . . .
Baltimore A Ohio . • •
Brooklyn Rapid Tran..
Canadian Padflc . . .
Chicago and Northw'n.
Chesapeake A Ohio . .
Colorado Fuel it Iron.
Central Leather . • . . .
do, preferred . • ..
Chicago A Orest W. .
Chicago, If., ft Bt P..
Delaware k Hudson. .
Distiller’s Securities. .
Erie
do, preferred • • ••
General Electric . . ,
Illinois Central . • • •
Am. Ice Securities . .
Louisville k Nashville.
Mexican Central . • .
Missouri Padflc ....
124*1
>4%
63
IMS
:H§jl
95%
95%
‘
9S%
G0%
27%
m
NAME OF STOCK.
N. V.. Ont. AW....
National Lead. • • • •
Northern Pacific. • • •
New York Central. . .
Norfolk A Western. . .
Pennsylvania
People's Oas. . . • • •
Pressed Steel Car. • •
do. preferred. . » •
Tactile Mali.
Reading •
Republic Steel. • . . •
Bock Island.
do. preferred. • • •
United States Rubber-
do. preferred. . « •
Rout her u Pacific. • • •
Southern Railway. . . •
do. preferred. • • •
Sloea-Sheffield. . . * *
Tenn. Coal k Iron. • •
Texas ic Pacific, . , * •
Union Padflc.
I'oltd States Steel.. •
do. preferred. • • /
Ya.-Car.Chemical. . . .
do. preferred. • « •
Western Union
Wabash » •
do. preferred. , * .
Wisconsin /Central. . .
do. preferred. . . ,
. . .| 37'
, . . . 63%
. . . I 134%
a _ Qd
O K »—•
a vea
| 115 1112141114'
TI
i:-%
7S\
liT2\
KJ'x
Totnl stock so lew. 360.4(y>~shares.
NEW YORK.
tores In New
May' •
Juno •
July •
Aug. •
8epL .
Oct' .
NAv. .
Dec. . .
Jan. •
10.62i 10“ 71
iafi 16.72
10.87 10.57
10. lu! 10.64
10.5410.7M
i0.69i6.74
10.74jl0.SS
10.72- 78
10.70-71
10.70- 71
10.56 57
10.52 54
10.68-69
10.70- 72
10.72- 73
K'.ST ^
n
fay
10.51-62
io. r." r.j
10.50-51
10.38-40
10.30 37
|o.54 r.r.
io. .v, r.s
wiH SB
10.76-76
NOTES ON GRAIN.
Pointers on Provisions.
Special to The Georgian.
(From Hoywnra, Vick & Clark.)
Chicago, May 8.-Bartlett, Frnzler * Cnr-
ncton: Believe wheat la a purchase, and
•111 sell higher. , .
Movement of corn promises to continue
ennol to all requirements, and l»y the last
week of the month wo look for a very
decided Increaso In movement. Think corn
a 6aIo on every hard spot.
Demand for oats Improving. Bellevo the
growing crop very seriously damaged, and
that we can not under any circumstances
rniso as many oats ns wo did last year.
Believe them a purchase. *
Would prefer to buy provisions, especial
ly lard, on all soft spots. , IW . .
Our Liverpool house cable*: Wheat
firm, but not quotnbly higher. . Corn dull,
with vory little demand. The Inquiry, how-
over, !• likely to Improve.’ -
Tho Chicago Evening Post: Severance.
Kan*., wired: “Very little rain. Soft
wheat jointed; damaged by froexlng. Farm
ers buying flour Id large quantities. No
wheat offered; our bins empty,
. 171 ‘-“ntii
Winnipeg wired: “Weather here bad.
_javy sleet and snowstorms last night and
still snowing some, with about 15 degrees
of frost Inst night, nodl it preiont tlm, 8
degrees. Th|i will set things back for an-
Kanua'citr message; "Mr. Christopher
and Mr. Dlffonhaugh went to Abilene Bnt-
unlny, returned this morning. They say
wheat In bad shape: tho froezo did n groat
deni of damage. -They examined • nnm-
her of fields; all look alike, bot had enough
r *Mnnnger f 'Anderaon, of tho Weetern Union
Telegraph Company, hoe the following from
der
LIVERPOOL.
u. end close, compared with yesterday:
Futures opened easier.
Opening Trevlons
Ranee. 2 p. m. Close. Close.
Mav.. 6.22 -6.21H 6.221-4 6 22 6.264
Mnv-.fmje.... (.22 (.2119 4214 4.24
June July.... 6.13, -(.134 6.14 6.1319 6.1614
July-August. 8.09 6.08 ’ (.08 8.124
Aug.-Sept... 6.97 -S.9614 6.9714 5 96 6.02
Sept.-Oct.... 6.89 6.684 6.894 6.91
Oct.-Nov..... (.84 -6.82 6.82 4 6.83
Nov.-Dee.... 6.83 -6.89 6.824 6.81
I>ec.-Jnn 6.81 -6.794'6.79 6.79'
Jan.-Kob.... 6.80 -6.784 6.784 6.7S
Feb.-Mur 6.75'
Closed easy.
6 99
NEW ORLEANS.
Usy .
Juno . ,
July . .
Aug. . .
pr.\
Nor. . •
Dec. . .
Jan. . .
Closed
| I i|l j| a ii
. li.il|lL»7|lL26|ll.Kill.i6 Jnom
,1 11.41 11.32
;ii(7
m
! io.87
.10.96
ii'tv* io.v»
11.021 io.96
very steady.
11.41
ll.fio-W
H.35
11.28
11.00-01
11.00-01
l'*.9S
11.00-01
1 i f, 4;»:»
11.81 n
11.13
1M VT i
1 ' *: S4
10.81-83
1">5 s7
WHEAT AT OPENING
WAS FRACTION LOWER
Soon Rallied on Good Buy
ing by Commission
HoUses.
WEATHER REPORT.
STATE FORECAST^.
Georgia and South Carollna~Raln tonight
and Thursday.
Alabama—showers tonight; Thui
partly cloudy and warmer.
WEATHER CONDITION8.
on tbe price of wheat loday. _ _
wns mnde by the “Big Two” to smash
tho price In order to accumulate a line
at a much lower level, but tho attempt
was unsuccessful. '*** * *'
higher for the day.
and showed beyond all doubt that
made many friends In the pit. Tho buy
ing was again of cxceuont character, and
was led by some of the strongest houses
In the trade. Tho delay In seeding In
the northwest, coupled with the continued
reports of damage by hugs In Kansas,
caused the average bear to move with moro
or less, caution,
■oiT(Wssblngtoo tlms). ^VUtev whMt
area remaining under cultivation May l,
Birr* SS7 May 1. IBOT. Wmtrr rya,
meafiow mowing lands, spring pastures,
condition on May 1 of •P'll*
warmer raToa than. ,horei
Kansas, but too late where crop fs totally
rilled bv bugs. Sumner and Harper coun
ties wlU have half wheat crop at_ beat.
Oats a failure. Corn acreage Increased In
place of plowed up wheat fields. Sedgwick
county wheat crop looking healthier,- but
b E?t7mltros of rocolpti for tomorrow are:
Wheat. 68 cars: corn. 446 earn oata, 471
Broomh’il cabled that tho
on possnge has been revise,] by transferring
2.C6\0(O bushels of orders front tho United
Klngilom to tho continent, owing to tho
Md continents! demand.
World', corn oblpmenU: pre ^ on ,
American
Total. ....8.803.(K*> 4,779.000 4,(79,000
Vlalblo .npply toUl.:
Week. Year.
.m.*.. 61.690.OM M.431.WO
"" 8.10LOM 3,881,000
C«» ” 10,197.000 14,987,000
2*i* !’ 1,269.000 L677,000
Barley • 2.816,000 l,«e,000
EE a 9 8 8 8
July 16
8 e fe 864
May m
July ™
A-ra-
May 44J
July
Sept I
PORK-
May
July.. 18.23
Sept.. 16.40
LARD-
HSJ::: HP 5:S
'XVijk^
July,-'- jig i'jj .
Sept... 8.93 9.00
k N. Falrahlld, 0. i. Wfeltm
L. H. FAIRCHILD 6c COMPANY.
NEW ORLEAN8.
Cotton Exchanco. M * m New York Coffee Jp* eh »n*J
ksw Exchange. Now Orleano J 60 ? 1 ^ °*. Tr4 —
• leano BtocK Exchange, Chicago Board of Trade.
Frtv... . UVERPOOL COTTON ASSOCIATION. ....... ^
hr. «, u . t Lf' ,re * t0 NEW YORK and CHICAGO. O rit rssal k Ked fo» Mb
on above Exchange*. ft ft COTiWAJIi
1178- standard patent I4.S; half patent
WKSlTOffSe ebotee whit, 77c;
EffSfrM 2 ,, ^.t 1 e r ^; f N0.V|i8ed 76c;
G ^EV^i*"T : pe W r h 9(yu'Tr. a .cl^; 70c: 48-
po^nd woks Tic, plain 20-ponnd sacks 72c;
,[ YlA\-Timothy, choice
fe rd *«a ILM* H I' thlrt• halos,Ni.20’;
(, 1 clover, mfxcd. 11.15; choice prairie
pounds 11.30.
PROVISIONS.
PROVISIONS—Supreme fcsms U4C! bet-
lea 2>025c pound; average 9.90c: fat backs
'9-4* plates 7.924: Supreme lord 914c; Pnr-
ty compound 84c: California hami 10.60;
Itj salt extra riba 8.40.
FISH;
FISH—Bream 7c pound; snapper lOe
nound: trout 8c pound; bine fish .e pound;
Kg48gL?5,t5.€ia •“
PRIMARY MOVEMENT.
u <•«.»—Receipts today 614.000 Imshels: lest
,000 bushels; shipment^ today 4(7,000
CHICAGO GRAIN MARKET.
liiio
• 18.40
... u 18.00
18.37 18.25
18.174 K.80
S:S*
8.974
8.88
.HP-
8.71
8.(0
8.00
16.90
ii.uM
16.30
(.80
8.98
8.074
LIVERPOOL GRAIN.
..heat opened steady unchanged to 14
lower, ond at 1:30 p. m. steady unchanged
to 4 lower. Cloeed unchanged to >4 lower.
Corn opened 14 lower, and at 1:30 p. m.
4 lower. Closed 4 lower.
CHICAGO CAR LOTS.
Today. Tomor.
Wheat
Corn
Oata ...
Hogs .
a u-
THE 8U0AR MARKET.
New York, 3Iay 8.—Ix>cal refined end raw
sugar markets steady and unchanged. Lon-
don beets steady; May 9s; June 9s Ut4d*
Cloudiness continues over most of the
country, and rnln wns falling this mornlnj
at Mobile, Montgomery, Birmingham, At
lanta, Nashville and St. Louis.
Tho pressure Is lowest In Texas and
highest lp northern Michigan, but nowhero
Is tho barometer rnach above normal (80.00
Inches).
As a rnle, the twenty-fonr-hour temper-
advance of the southwestern low area
will causo rain In this section tonight and
COTTON REGION BULLETIN.
meridian time. May 8,
D1A1IUOD ,
ATLANTA ?;
DISTRICT. "I* i
•Atlanta, rain . .
•Chattnnooga, cloudy
Columbus, cloudy. . ,
Gnlnenrlllo, rleor . ,
Greenville, cloudy. .
Griffin, cloudy
•Macon, clour -
Montlcello, dl__.
Nt-wimn, rloudy
Homo, rloudy . . .
.Spartanburg, rloudy
Tallapoosa, cloudy ►
Toccoq. clear . . • .
West Point, cloudy *
Hi
for
• hi- 12 hour p.
Heavy Rainfall*. .
Alexandria, La., 1.74: Amite, La., 2.30;
Untim, lm.. 2.34; Ilnslenurst, La., 208: La
lyotte, I.o., 9.08; Mhlrllle. La., 280; Cam
den. Ia., 2.30: Melrose, Ark., 1.60; 1’reseott,
Ark., LOO; Warren, Ark.. 289: Paris, Tex.
L80; Robellna. La- 214: Daaalioarillis, La.
4.24: Opelausus, La., 6.30; Brookhsven. La.,
204; Jeaalnga. La- 3.60; Lampasas, Tex-
-.64; Wsxahacble. Tex- 1.86; (iroenvllle.
dlss- 1.59; Eldorado, Ark- 8.99; Rorrest
Tnfe'MwrreftAgwr
THE LIVE STOCK MARKET.
CLEARANCES.
Chicago, May 8.—Clearances: Wheat and
firnir «Vil 274,000 bushels:, wheat 211.'/-)
I,indicia; Hour I4.0-7 huihels; curn 28,000
bushels; oats 8.000 bushela.
Cbleago. May 8.—Hogs-Receipts 28,000.
Market steady; light ]a.K06.S214; mlicilKM
06.66: heavy (6.1006.60: rough «.lO0«.2f.;
pigs fc.9v rt «.»0: yorkers (6.47406.60; good to
choice heavy (O.iaigg.RO. ...... .
Cattle—Receipts 18.'VO. Market steady and
strongrbeeve. 1 (4.3966.40; cows (1.8004.75;
heifers I2.67JI5.30; calves (IJ606; good nrjnie
*ers (6.4006.40; poor to medltnn (4.3008.30;
ockers end feeders (2.8008.
Sheep-ltecelpts 13.0M. Market strong: na
ve (4 6006.80; western (4.6006.80; yearlings
L750 7O6; Iambi (8.6008.80; western lambs
'500678.
T. Indicates It.appreciable lallifltL *FW
yesterday. —For 24 hour* ending I a. m-
;5tU meridian time.
Remark..
Lower temperatures are reported from dis
trict. In Texas. Elsewhere the tempera
ture* remain nearly stationary. Except In
tbe northeast section of tbe belt, rains
bar* been general, being very heavy tn
portion! of Loulstena, Texas^and Arksnsaa
Section Director,
NAVAL 8TORE8.
Special to The Georgian.
Savannah, May t-Turpentlne firm at 8(4;
snlea 111: receipt* 1,478. ,
Rosin firm: -alas LS66: racelnta l.lrt: win-
HAYWARD, VICK & CLARK,
COTTON, 8TOCK8, BONDS,. COFFEE, GRAIN AND PROVISIONS.
Carondelat and *^ ,W ® r, ** n *‘
N'aw' Orleans Future Brokers' AeeadaUM.
New Orleans and Chicago Board, of Trades
Bxehani
New Orleene Cotton Exchange.
New York Cotton Eirbsnge.
(iulvaiton Cotton Ei-baaga.
Uouston Cotton Exchange.
New York and Chtcac? Corrogpondent*.
J. S. BACHE A CO- AND BARTLETT, FRAZIER A CARRINGTON.
PRIVATE WIRES TO ALL POINTS.
New York Coffee Exchange-
Axao(fate Members Liverpool Cottas Aas a
ALONZO RICHARDSON & CO.,
• PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building. Bell Phone, Main 8SL
ATLANTA. GEORGIA.
TIPS FLASHED
From Wall Street
Special to The Georgian.
(From Hayward, Vick k Clark.)
New York, Mn"y 8.—J. S. Bnehe & Co.:
Americana, after a weak opening, bardt
ami now %fyl per cent higher.
A plethora of money hns caused fair
around recovery In oil markets.
Topper strong. Tbe bear activity In past
few days hns not resulted In the success
expected, and should the grain markets give
Way a general all-round recovery In stocks
... tho symptoms of the season, there
is nothing new about It. But the general
feeling u that the crops will turn out all
rlfbt.
it Is not daliqed that the bank
meat is n mirror of tbe money corn!
In Sew York, and yet the publication of
the report usually has nn Influence on the
prices In the stock market. Without a
showing on the part of tbe trust companies.
It Is Impossible to arrive at any compre
hensive idea of the monetary situation here.
operations lu the leaders of the market
—Reading and Unlou Pacific—are said “
be for the purpose of establishing a g<
range of prices In ease tho crop report,
which will appear on Friday, doea not
come up to expectations and causes liqui
dation.
The rt
of the Pennsylvania rallraaL
burg. It Is estimated, will cost this cor
poration about $9,000,000 annually; the cost
of the Increase In the dividend rate, from 6
to 7 per cent, la approximately $3,000,000.
On the New York Central, tho Increase
In dividends from 5 to 6 per cent, makes
a difference of about $1,780,000 yearly,
whereas tbfe advance In wages Is about
four times that amount. Tne wage In
crease on the railroads In the country at
large easily Is $50,000,000 annually, and yet
•ome railroad directors hare expressed sur
prise at the criticisms directed nt them bo-
cause they hare put up dividend rates.
While tne production of gold goes on
without any curtailment In the volume, tlio
demand for It on the part of tho banking
Interests of tho different nations, with the
exception of the United Stntea, amounts to
nothing less thnn a scramble. Internation
al money markets are easier, but money
condition! are not clearly defined.
Large copper Interests say thero Is small
hope for a reduction In the price of the
metal this year, and that the gloomy prog
nofdlcntlons made by many of the wise
acres have no basis In fact.
New York Financial Barosn: London high-
«*r Baltimore and Ohio advanced %; Cana-
• — -* union Pacific
dlnn Pacific 1%; Reading H; Union Pacific
%; Southern Pacific >4; Amalgamated %;
8t. Paul H; New York Central %.
" ipport In Copper from b' - *-
Smelting reaching for
1. Rt. Tnul will find
In Copper from high sources near
^.Jng reaching for the 130 support
loveC At. Paul will find good b—*— *“
wnrd 132. Great Northern prefern
Pacific tuny sag lower owing to tbe specula
tive activity. Toward 142, however, a positive
cheek will bo found against raiding.
Other actives aro In tbe trading rnnge.
Town Topics: Though the general opinion
Is that thero will be little doing in tho
market until tho government crop report
Friday, It would not surprise us If thorn
would bt a abarp rally In ndvanco thereof
due to short covering and Inside buying.
Except In Delaware and Hudson there haa
been little long stock coming out. and the
short Interest Is again considerably ex
tended. We do not see any reason for
■M)i >>f pesflinlstle *<-»JJment during
the past week and r..undent that the
majority of standard stocks. If bought on
the recessions today, will return handsome
profits before very long.
Atchison will continue strong In nntlel
pntlon of Friday's dividend and the Hlu
and Ilnrrlmnn stock, S't. Paul. Rending and
Smelters should act particularly well.
We would wnlt for somo further reactloc
before buying cotton or wheat again:
though, in our opinion, the trend Is still
upward.
MINING STOCKS.
iwiuk" (1.1'A, .Ytirui xiuuu ^iiir.ty j.ji;
Massachusetts Gas preferred 86%; Butte Co
alition 37%.
THEQOFFEEJUARKET.
York. Mny 8.-
__ ra. Market t
changed; sales 26,000.
Hamburg,'' 10 a. to. Market unchanged;
sales 36,000. It will bo holiday In Hamburg
•morrow.
Rio—Receipts 17,000; shipments to the
^ nlted States 2,009; Europe 3,000; stock 804,-
000.
Pantos—Receipts 87,000; stock 2,619,000
mnrkot weak.
Snn Paulo—Receipts 42,100; Jundlnhy, ro
tor today:
. ,. . Opening
•*.. * V Range. Cl
~5.3S-5.45 6.
f..* K r-mm-'Is b:
April ..(.40 5,60 6.
Maj 6.604.80 6.
j9j? .v I:
Align,t 5.385.40 I.
Hepterabirr 6.404.45 f.
Oc-lober I.S-6.45 5.
KovemMr .. 6.334.40 8.
Decemlier 6X4.49 -4.
Clued steady. Snl>-a 13.230 lings.
COTTON 8EED OIU
tbe New York cotton eenl oil market:
Mny
July
September
October
November .. ..
December .. ..
Cloeed steady.
THE METAL MARKET.
New York, May 8.—At tho metal ex-
chance Interest wns almost entirely
cantered In tin, which contlnurd strong
at a further Improvemrnt of l-4c In
the bid and !-2c In the asking price for
spot and nearby deliveries.
Other commodities were unchanged.
TRADE .IN STOCKS
IS STjLL SMALL
Initial Prices Were General
ly Higher Than Tues
day’s Close.
THE CHANGES NARROW
A Few Issues Were From a
Large Fraction to 1
Point Higher.
New York. Mny 8.-The spirit of Indiffer
ence and dejection which 1ms characterized
( tho Wall street dealings slnoa the close of
lait week continued today. Outside tha
stock exchange the news was n little moro
cheerful. Tho foreign markets were higher,
reflecting the abundance of money for or
dinary borrowing purposes, both at London
and tna continental centers. Discount rates
In tho British market aro far enough below
tho English BnnU rate to Insure a reduction
In the lntter nt nn early date. American
stocks took part to n light extent In tha
general Improvement abroad, and Soma
further ground for encouragement was
found In accounts of mild weather In tho
wheat bolt, Tho market was affected some
what by realizing, but beyoud a firm un
dertone there was no feature to It.
New York. May A-With hardly an ex
ception. prices for stocks showed gains,
Lnlon Pacific gained In all %, and Smelt-
Ing %. Other opening figures showed ad
vances of % In Canadian Pacific; % In St.
PiMI % In New Yprk Central and Penn
sylvania; % In
Rapid Transit, «
terborough, prel
i Steel, common.
- m
—ii, preferred, opened 1% lower and*
the first price for Delaware and Hudson;
was down % point.
MONEY AND EXCHANGE.
New York, May 8.—Money on call 2%®
3%; time loans firm; sixty days 3%<ff4; nlno-i
ty days 4%tf4%; six months 4%ft4%.
Posted rates: Sterling exchange $4.a4V4.8T'
wlth actual business lii bankers* bills at
*4-8806®4.800 for demand and at $4.6320®
4.8325 for sixty-dny .bills.
Prime mercantllo paper unchanged.
London bar sliver 3-16d lower at 29 15-16<U
New \ork bar silver nt 64%c.
Mexican dollnm 60c.
HAYWARD, VICK & CLARK'S
DAILY 8TOCK LETTER.
New Yofk, May 8.~Tho stocjc mar-<
ket today developed some weak spots.
At the start prices ruled higher on cov
ering by traders, Union Pacific, South
ern and Reading did better soon after
tho opening, hut weakness developed In
NV-.v Ynrk < '<Mitml nn fairly good sales,
the general JJst sold off. Traders
switched to bear side and hammered
till' list. The tructions wore firmer on
the first hour with interborough selling
up to 69 3-4 % on small dealings. The
general list remained dull with no out
side business during the afternoon. Un
ion and Amalgamated Copper recovered
slightly In the late dealings, but the
hiovement did not attract much of a
following. Hanks are losing cosh to
sub-treasury, the loss, so far this
week, being about two millions. The
market closed steady with recoveries in
order. ,
THE LONDON STOCK MARKET.
Anaconda ..
Atchison
Amalgamated Copper
Baltimore ond Ohio
t 'hosapoakc and < Mdo
Chicago and Orest Western.
Canadian PacIBc
Erie
do. preferred .. .. •• •• ,
IllInolB Central .. .. .
Kansas and Texas .. .. ,. ,
•efftred
l and Nashville .. ..
Norfolk and Western ’
New York Central
Ontario and Western
Pennsylvania
Philadelphia and Reading ..
Rock Island ..
Southern Pacific
Southern Rnllway
do, preferred
St. Paul ....
Union Pacific
United Stntep Steal
Wabash .. ..
do, preferrod .. .. .. .
! iSi? titt&iiiii
M I H1(
8»:d
136 ,118 1
MUST POfcT NOTICE
OF LATE TRAINS
Special to The Georgian.
Montgomery. Ala. May 8.—An order j
has been Issued by the state railroad,
commission which will become effective
In thirty days, requiring railroads ta 1
keep posted on a board at each station I
the tlmo of arrival and departure of I
all trains with n-Uve "f length of de
lay. and other Information that would
be of Interest to tho traveling public.
Postings of- delays must be at least
half an hour before the expected ar
rival of trains.
New York. Boiton. Chicago. Washington. Philadelphia.
Baltimore. Atlanta. Naw Orleana. San Franolico. London.
Ths American Audit Compahy,
100 Broadway. New York City.
F. W. LAFRENTZ, C. P. A„ Prea. G. E. MANWARINQ, Vico Prea.
THEO COCHEU, JR, Secretary.
Tho American Audit Company, chartered under tho laws of New York.
Is empowered to examine the affairs of, and make reporta upon the finan
cial condition of private and public concerns for directors, officers and In
dividuals. Tho preparation and Installing of systems a specialty.
ATLANTA BRANCH. 101S-1016-l6l7-1018 FOURTH NAT’L BANK BLDO.
. 0. B. BIDWELL, Resident Manager.
Telephone, Main 872. Cable Address, Amdit, New York.
It. Al. AlJVJ.vmi.V, lltY'I (YIIIIVUI. ...Ynft 1 . '
JOSEPH A. M'COHD, Vlce tT.sM.nt It. W. BYE11S, Asslmunt Lunitr.
Third National Bank
Capital - - - • $200,000.00
Surplus and Profits $400,000.00
DR. A. W. CALHOUN,
MILTON DARGAN. .
JOHN W. OR ANT.
II. Y. M’COHD.
It. Jl.
JOSEPH A. M’CuRD,