Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, May 18, 1907, Image 8

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STRONG AND ACTIVE ^n ■ ■■■■■■ TBS ATLANTA (JEORGLiN AND NEWS. f'ATT'KDAV. IIAV IS. 1907. Weather Conditions Had No Influence on the Market. BU YING ON GOOD SCALE Prices Easier in Last Hour. Sentiment Bullish and Tone Firm. N«* York. May II.—Tho local cotton mar ket started active at on advance of 2 to 6 points. Influenced by tke weather. New- *. — The undertone Top options led the upturn. The und« if the market was popularly called iteady. After the call there was yielded of Whitsuntide holidays until Tuesday morale/. In the abaence of Liverpool advlres. the New York market for futures waa deprived of Its usual early atlmulatlnK Influence, and domestic Influences were looked to for ' the shaping of prices. At the opening, the market waa un changed to 6 points higher on overnight baying orders, but on free selling of the near months, supposed to be for the bull clique, a decline set In and the entire Hat lost a faw points. In the later trading, the new crops recovered, and at the close were UfU points higher, while the nearby positions were 3fl9 points lower. Comparative receipts nt nil U. B. ports: Net receipts today. May 18 8-146 Same day last year 9.672 Decrease 1.626 Same time I Increase Estimated receipts Monday: 1907. . New Orleans 1.600 to 2.000 Galveston 3.000 to 4.000 Houston 1.300 to 1,500 Movement at Atlanta: Receipts today Same day last year Decrease ^day last'year' Stock on baud today Sams day last year ... Increase 1909 1.788 1.680 None None 6.401 5.621 8POT COTTON MARKET. Liverpool, holiday. •S%ew aura. ■10117. iiikkiiiuh . Galveston. Arm; middling 12*4. Mobile. Arm; middling 11%. Savannah, firm; middling 11*6. Charleston. Arm: middling 1J%. Wllmlngton, atindv; middling 11%. Norfolk, Arm; middling 13c*. Boston, steady; middling 1215-16. Philadelphia, steady; middling 12.40. Memphis, steady; middling 11%. Augusts, sternly; middling 12%. Houston, steady: middling 12%. St. Louis, steady; middling 1113-16. T0DAV8 PORT RECEIPT8. NEWS AND GOSSIP of the Fleecy Staple. Special to The Georgian. is bullish. The decided decrease in visible Is also bullish. The July option Is in a strong position. Weather news favorable, but prices bold like adamaut. Indications a Inf to conAdence In higher prices. Would _vlae buying on all reactions. It Is selling again this morn- d weather map and expects- Joint break, but It doee not give way. Think this Is a market to atay long of until June 4, and disregard fluctuu “iSSiowin g la the statistical position of cotton on Friday. May 17, aa made up by Tbe New York Financial Chronicle: This I.si st Last Week. Week. Year. ... 4,466.184 4.689.961 3.971,784 ... 3,046.184 3.176.331 2.426“* ... 92.419 96.317 114. Bines' Hept. 1 Port stocks . Port receipts Exports Visible supply jj mm “si'M "iiiiii .12.6at.185 12.545.416 W.06J.352 . 5H8.453 546.3*4 573.40 M.6I9 80.775 75,258 91.571 92.285 80.801 32.73)1 43,478 38,581 55.089 88.115 54.306 324.004 348.426 316.430 la the Liverpool weekly cotton ek ending May 17 1907. 1906. IS Week’s sales 42.000 Of which Arner.... 38.000 For export 1.2W For speculation Int. receipts . Inf. shipments Int. stocks Forwarded 66,000 Total stocks 1.213.000 Of which Amer.... 1.063.000 Actual exporta .... 10,00 Week’s receipts .. 32.009 Of which Arner— 20.000 Since Hept. 1 4.324.0 71.000 *3.000 6.900 3.200 67.000 961.000 110.000 7.001 48.080 3.900 I 66,000 H HR l&S ii:“:SoS 115.000 282.000 74.000 209.000 816.030 734.000 8.000 94.0IV» 79.00* 7*».ono 244.<i0n — ,»00 Of which’ Arner—3,624.000 Stocks nAoat 180.000 Of which Arner.... 136.090 New Orleans. May 18.—Hoy Clark: Weather conditions nt . twenty-four bonra were favorable. No pro- clpltatlou In the t»elt and generally fair weather prevailed. Indications are for iv and some showers In north Texu territories and Arkansas. Cooler I Jem states; partly cloudy In the cei tral. Generally fair In enatern states. official forecast says showers, colder western licit. Market likely to advain sharply ou this. HESTER’S WEEKLY rest i - _ an Increase tne same time lu 1904 of 136.00U. For the 259 days of the season Hint have elapaed the aggregate la ahead of the 269 day* of Inst year 2,666.000, and ahead of the same days years liefore Inst 891,000, and ahead of 1904 by 3,245.000. The amount brought Into sight during the past week haa been 96.445 bales, against 1W.* 476 for the seven days ending this dste Inst year, 152,157 year before hist and 46,968 same time In 1904; and for the seventeen NEW YORK. ! Tho following la tbs rant* tn cotton fu tures lo Saw York today: ; t 4 o a i H 1 if May.. . . *111.07(11.13 June Hl.OO 11.00 July 11.06 11.20 Aug. . . . ll.0111.lt NW»t. . . .111.0911.23 Orf 11.2211.41 Nov 11.30 11.31 • Dec 111.29 11.48 • Jon. . .1. .11.45111.61 11.06 11.00 10.95 10.91 11.03 11.19 11.30 11.25 11.4f 11.00 10.97 l*fl 11.03 11.25 11.31 11.31 11.47 10.94 96 10.95-96 10.97-99 10.91-92 11.03 06 11.24-25 11.31-32 11.:::::: 11.47-48 ti.oite 10.96-10 11.06-06 10.99-11 11.04 06 11.19- 2J 11.20- 22 11.25-20 11.39-40 C’loscd barely stt*ndy. 1 New Orleans. Galveston, . . Mobile Savannah. . . Charleston. . Wilmington. . Norfolk. . . . New York. . Boston Philadelphia. Pensacola. . . 1790 1416 1690 INTERIOR RECEIPTS. The following tabla shows the Interior movement of cotton, compared with the same day last year; 101.662 same time JHH The movement since Heptemlier 1 shows receipts at all United Htgtes porta 9.523.544. against 7,329.269 last “ *** — fore last, and 6,949,8 ,lis,.a>, against vui.um insi year, sw.sn year liefore last, and 890,664 same time lu 1904; luterlor stocks In excess of thorn* at the cloae of the commercial year 221.000, against I9J.616 last year, 295.380 year liefore last, and 144.861 same time In 1904: Hunt hern mills takings 1.978,000. against 1.360,617 lost yesr, 1.726,149 year before last, and 1,610,612 date f2.340.837, against 10,286.lf4 last year, 11.949.636 year before last, and 9,696,487 same time In 1904. Foreign exports for the week have been 87,789, ngalust 68,006 Inst year, making the total *•" ** fc ** A again 2,11U.„ Northern mills takings and Canada dor- abow a decrease ol the corresponding pernm issi year, ann their total takings alnc» Keptemlier 1 have Increased 189,974. The total takings of American mills—North. Mouth and Canada—thna far for the season have been 4,384.146, against 4.061,008 last year. These Include 2.860,969 by Northern aplnnera, against 2.170,985. Mocks at the sen hoard and the twenty- nine leading Houtbcrn Interior centers have during the week 68,346 bales. .347 smaller than at thla date In 1P*6. Including stocks left over at ports and Interior towns from the last crop and the number of bales brought Into sight thus far from the new crop, the supply to date Is 12.138.607, agalust 10,729,706 for the sai perjod last year. HAYWARD, Vic:: & CLARK'S DAILY COTTON LETTER New Orleans, .La.. May ll.^Our market opened slightly easier and was Inclined to sac on Haturday realising, but the unfavorable weather forecast for the western half of the belt prom ising showers and colder for Texaa, the territories, Arkansas, Louisiana and Mlsalsslppl, caused It to turn about at once. Prlcea Jumped by 3 and 6 points, the new crops showing 25 points ad vance In the next five minutes. Indi cations do not point to any heavy rains, but the tension la so great that any forecast of showers haa material effect. Weather conditions during the R ist twenty-four hours were favorable. o precipitation In the belt, generally fair weather prevailed and seasonable temperatures. Generally fair weather Is promised east of Mississippi, to be followed by showers and cooler Mon day. There was free selling on the ad vance, supposed to be tor New York account, as that market was the first to rtact, but the temper Is so bullish that most of the early gain was maintained. For Monday all depends on Che extent of rains In the central states and north Texas. If showers are only moderate, disappointment may cause freer realis ing. New York. May 18.-J. B. Bache A Co.: Although Liverpool waa not an Inflneuce thla morning, the exchange being rinsed because of the holiday, the cotton market waa strong and active. The buying was on a good ecale. Weather conditions, although favorable, had no Influence on the market. The eentlment waa pronouncedly bullish. The weekly Agurea did not give much en couragement to the bears. July and Octo ber were In demand, and the higher prices of this movement were recorded. Realising In the second hour brought about easier prices, but the eentlment waa still bullish and tone firm. We advlae purchases on all SPINNERS’ TAKINGS AMERICAN COTTON Aeeretary Heater gives the takings of American cotton br the aniunera of the world as follows, in round numbers: This week 2O7.OO0 thla year, against 221,909 last year, 213.000 yesr liefore laat. Total since Hept ember 1 this yesr 10.C38.099 against 9.488.000 last year and 9,744.000 the yesr before. Of thla Northern spinners and Canada New Orleans, May 18.—The TimesDemo crat: "Aa the cotton market waa a bull affair from start to AntHh mid professionals generally began to fear that. In the ab sence of war—and thers are uo war clouds ou tho horlton—tho bear will draw profit from healthful reactions only until the date of frost shall become knowu. Every day now brings confirmatory evidence that re cent excessive and continuous rains have dons serious damage to the crop; some of which la bound to prove permanent. position of .— .... -• times, but tbsrs fa at the moment uo logic In assum ing that current values are sure to he Im paired later on. Thus the situation la strong technically, and In every other way, and the development* of further adverse circumstances might quickly touch off the sky rockets. Reactions are sure to come, but It should bo remembered at all times that cotton planted around the Arst of June, even though the seed be not mature before the norms! rule* of the cotton 1 Partly cloud; over the belt. 1 year, against 2.171, ... __ ,00) the year before: Southern spinners 2.023.000, against 1.910.000 last year and 1,761.000 the year before, end foreign spinner* *.264,000, against 1.461,000 last year aud 6,160,000 tbs year before. MONEY MAP OF COBALT —IT IS FREE— Gives at a glance the location and produc tion of all the big mines In the Great Cana dian silver Camp. This map of COBALT Is compiled from Government statistics and other official data, which makes It the most complete and comprehensive map of CO BALT In existence. Bend in v«*ur name today for a free copy Of the JOURNAL OF FINANCE, which It our Weekly Market Letter. It contains all the news In every Aeld of finance, which Is THE R. L. BERNIER COMPANY, 185 Dearborn St., Chicago, III. L. H. Fairchild. Established 1885. S. J. White. L. H. FAIRCHILD & COMPANY, * NEW ORLEANS. Membere: Orltwns E«ben»e, New York Coffee Exchange £* w )®rk Cotton hirhio*.. Now Orlr.ii, Bamrd of Trad.. Ortt.no Stock Kxi-h.nge Chicago Board of Trod,. LIVERPOOL COTTON ASSOCIATION. Priest. tVIro, to NEW YOItK end CHICAGO. Ord.ro solicited for fmnr- dolir- or, ee abova Esrbauges. B. C. COTUBAN. I Edited by Joseph B. Lively MARKETS Mr. Llvely*a twenty-flr# years' experience of ed iting markets In Atlanta and tbs Beutb has mads him a recognized au thority In hla specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAME OF STOCK. Anaconda American Locomotive. do, preferred . . .. Am. Smelting lief. . . Baltimore 4k Ohio . Brooklyn Itapld Tran.. Canadian Pacific . . . Chicago and Nortbw'n. Chesapeake A Ohio . . Colorado Fuel A Iroo. Delaware A Hudson. . Distiller's Securities. . Erie . do, preferred . . .. General Electric . . . Illinois Ceutral Am. Ice Becurltlea . . I-oulavllle A Nashville. Mexican Central . . . Missouri Pacific .... NAME OF STOCK. N. Y.. Oar. A if. 7 . National Lead. . . . Northern Pacific. . . New York Central. . Norfolk A Western. . Pennsylvania. , J . . People’* Ga» Pressed Steel Car. . do. preferred. . . Pacific Mall do. preferred. . .f. United States Rubber. do- preferred. . . . Southern Pacific. . ... Southern Railway. ... do. preferred. . . . Btoes-Sheffleld. . . . . Tetiu. Coal A Iron. . . Texaa A Pacific Union Pacific United States Steel. . . do. preferred. . . ^ Va.-Car. Chemical. . .. , do. preferred. . . . . Western Union Withash Wisconsin Central . .. do, preferred . . .. do, preferred . , LIVERPOOL. Liverpool market closed Saturday and Monday— Wbltsuutide holiday a. NEW ORLEANS. The following Is tho range In cottoo f» turaa In Naw Orleana today: - Ill Low. last Halo. i j a M»r June.. • • . July Auk. • • . Hept. • • . Oct Nor Dec Jan ll.69jll.69 l'uojitii lLaaii 11.49 il! 72 11.69111.73 ll.69jll.69lll.68 i'l’.9012*03 12. OC-06 11.80 ii.4« U.*69 li’Sw 11.68 | 11.44 11.66 11.65 66 11.61 11.67 11.68-70 iu£B 11.65 11.90-91 11.70 11.65-75 U.60-52 11.49- 60 11.47-48 11.50- 51 Cloaed steady. NOTES ON GRAIN. Pointers on Provisions. The Chicago Record Herald: “The run away market haa affected flour unfavora bly, ,T said The Northwestern Miller. “There whs an Indifferent demand up to Thursday, when wheat begun to advance, and then prices rose so ruphlly Hint buyers had little opportunity to act. Aside from a limited quantity of flour snapped up where offers were out oil the old basis of prices, busU ness was not stimulated. With wheat com ma udlug around 31 u bushel, buyers believe that the advance Is not legitimate and re* fuse to take flour. Even shipping directions on old orders are not coming In very rapid ly, resellers no doubt doing the bulk of tho business that Is current. Foreign markets have been Impressed by tho bull market lu the United States, and flour Importers bavo advanced their blda considerably. However, our market baa been too rapid for them, and buyers and sellers are really b< ' ■"* “ .... r _rt than before the The Minneapolis flour output last a good deal farther anal boom. The Minneapolis . week decreased 46,790 barrels, tna comparatively light. The quantity of flow turned out waa 248.866 barrels, against 29i 910 In 1906 and 161.480 In 1906. About tti. same mills are In operation ns a week ago, however. The wheat and flour markets are lu such condition that a further cur tailment la more likely to occur than not. Of the seeding outlook, the paper aars “Crop conditions In the Northwest are far from alarming. In fact, they are very fair. While the weather In the last week has been too cold, lacking In sunshine and warmth, the crop has made aoroe headway. In North Dakota and northern Minnesota, whero seeding haa been the latest, wheat lias been put Into the ground every day, nnd It Is conservative to say that 70 per cent of the urea tn that territory I* now In the ground. The Red River valley haa not been In so favorable condition as to soil for five year*, and fair progress Is being made in planting In that Important part of the Northwest." The auditor of the largest farm Imple- ..lent concern lu Canada wired from Win nipeg to llatcly Br©*.: “Private report* covering fifty point* report work well ad vanced nnd seeding condition* generally aatlafaetory." „ 11. W. Snow say# tbot even allowing •er cent has l»eeu seeded up to this tit ti Manitoba. It will 1m simply Impossible to raise a half crop of wheat there tlila Samples of green bugs discovered In the nhcat fields of Westmoreland county, Penn sylvania. are now en route here to Logan A Ilrynn. Field* were reported very much alive with the peat. M’CULLOUGH BROTHERS' FRUIT AND PRODUCE LETTER, ....ants. May 18.-The apple supply foi the present season has been practically ox lMuatcd. Same apnllea to Florida ornugea. Drape fruit receipt* for several day* past have been somewhat In excess of deuspd and consumption, causing lower values to prevail. . . 4 No change In the lemon market, the re* celpt*. demand and consumption comparing favorably. ~ Bhow a downward tendency as t« reaaou of a falling off in tho de maud In addition to liberal receipts. Strawberries are being aupplled largely by the homo trucker# direct to the grocer. Very little doing In these goods In the mat ter of out-of-town shipment. Vegetables, generally speaking, in supply sufficient to meet requirements at a range of values consistent with a liberal deiunud and consumption. Old Irish potatoes scarce and selling at lab prices at point* of ahlptnent. Pineapples more or less inactive, with a ippty somewhat In excess of requireme rices allowing a downward tendency. Cantaloupes from Florida poltits will In to move In a small way during the next •w day a Already Peuto aud raches from Florida points are I •Ived. aud when of good quality oi icet with ready aala at satisfactory value*. Eggs show more or leas stimulation, with tdlcatlona of slight advances In the uear future. Dressed bens selling readily at quotation rices, while dressed turkeys are a drag ou • market at a very low value. ,tve poultry, hena and large fries, quite active at aatlsfactory prices. Small aud me dium fries plentiful nnd selllnc slowly at lower prlcea In comparison wltn the large sites. More or less accumulation of country mixed or cooking butter la In evidence. The best grades of table butter In fair demaud •t good prlcea PRIVATE WIRE HOUSES SOLO WHEAT PREELV Many Pyramids Tumbled in a Lively Manner—Closed Lower. WEATHER REPORT. WORLD’S VISIBLE SUPPLY STATEMENT Secretary Heater’s statement of the World's visible supply of cotton for the week emifug Friday, May 17. shows a <le crease for flic week lust dosed of 122.740. against a decrease of 106.868 last year and a decrease of 88.191 year before last. The tatal visible Is 4.490.329. against 4.613. 099 last week. 3.9S0.916 laat year and 3.976.062 yesr liefore last. Of this the rural American, cotton Is 3.079.329. against 3.191.069 last week., 2.435,916 last year and 2.653.052 year liefore Inst, and of all other kinds. Including "Igypt. Brntli. India, etc.. l.'lll.OOO. against .,4«2.0<M last week. 1*646,000 last year and L323.000 year liefore laat. The total world's visible supply of cotton, as alKive. shows a decrease compared with last week of 122,740. an Increase compared with last yesr of 508.413 and an Increase imunred with year liefore Inst of 614.277. or the world a visible supply of cotton, is above, there Is now albxit and held In Great Britain nnd continental Europe 2.7't.- **>. against 1.946.0b) last year and 1.962.0’k) rear liefore Inst: In Kgrpt 133.'*'>*. against 112,000 last year and 1H.W year before last: In India *r?.ono. against 1.072.00) last year aud 898.000 four before last; and In the United States 846.00©. against H61.0U0 laat year aud 947,030 year Indore last. Chicago, May 18.—Wheat prices today abowed a decline of SMM%c. Many pyra mids tumbled In a lively manner, and nearly all the private wire bouses told wheat freely nnd the northwest was a sell er on a moderate scale. Liverpool refused to follow the advance he*© of yesterday, nnd Budapest was 6c lower. Rains were -*-• — Europe where iudlan shipments for week 398,000 bushels, and Australia 320,000 bushel*, against 448, 000 and 408,000 bushels, respectively, a year ago. Corn waa Irregular and unsettled, and It closed MSflc lower. There waa less doing In oats. They closed Hglc lower. rrovlalona were off *%D12%c. CHICAGO GRAIN MARKET. for today : WnEAT- May 97 July 99% Sept.... 100 Dec.... 101%* CORN- May.,.. 61 July.... 63% Hept.... 63% Dee 61% OATB- May.... 48 48 46' July 46% 47% 45' Sept.... 39 39 38' PORK- May July.. 16.72% 16.72% 19.65 He^d.^H.82% 16.85 16.70 Mny July... 9.27% 9.27% 9.15 8«*J>t^_9.42% 9.62% 9.30 May ' July... 9.02% Sept... 9.15 « 50% 63% 52% 46% & :!53 9.02% 9.16 i:*i iStt S:!S* 9.0» 9.07% 9.16 BONANZA WHEAT RAISER 8AYS THE CROP IS 8HORT St. Paul, Minn.. May 18.—Oliver Dalrym- pie, of thla city, who Is reputed to be the greatest of the bonansa wheat raisers In North Dakota, so far aa acreage goes. In au Interview aay* that wheat seedlug la along “mighty alow" in Sorth Dak . should aay an estimate of 40 per cent decrease in North Dakota's wheat area this year la a little high," he aald. “but It will he decidedly short. Farmers Intended even with any chance of a crop. “It Took* as if the United States would be 100,000,000 bushels short on the aggregate crop and Europe about the same. If that Is true, present prices do not look too high. I wouldn't be surprised If thoae who predict wheat well above 31 are right. "Aa to *our lady of anow*/" he continued. STATE FORECASTS. erlor; Huntlar fair. South Carolina—Fair tonight and Sunday; WEATHER CONDITIONS. Today'* map shows two areas of high presanre. oue centered over the southeast and the other over Montana. Between these Is a trough of low pressure extending from southwest Texaa to the eastern lake region. Clear weather prevails over the eastern TIPS FLASHED From Wall Street Special to The Georgian. (From Hayward. Vick A Clark.) New York. May 13.—J. H. Bache (c Co.; London market closed today nnd Monday. Close observers of the market claim tufl the stock held well lu the face of adrerso conditions. The bears have been active throughout the week, with unfavorable ru mor# of different kinds, and attacked stocks that offered the least sttentlou paid to the excitement In grain, and conservative pa C era put It down to aoroe large commission ouses aud advises resistance to influence sentiment. Tbs' abort interest has grown Considerably ninl threatens to become wleldy. .' ' V. Canadian Pacific was strong yesterday, and aborts are liable to come to grief In that security again, d (tank. market. . Conditions lu wheat belt, both southwest and northwest. Improving. The New York Financial Bureau: A break seems likely- todny la the stock " ‘ food oe vuiuerame to furtuer otiacis; aiso 01. Paul. Both stocks have been refused gup- port around former supporting levels. Atchison aud Baltimore and Ohio show a weaker iKieltlon. and both stocks confirmed the deduction yesterday. Unless Smelters walntaius the 127 level, a drop is likely; also Heading, which professionals are bear- 'CLOSE MS m IT SLICUT mill » 6 points or more. also Beading, wl Isb on. The u, break Colon Bad. sylvanla la a little weaker lu technique. It Is held between 121 and 122. Southern Pacific haa stop orders uear the 82 mark, for which room traders are gunning. Amal gamated la well bought and supported. Still maintained around BL • Brooklyn Rapid Transit, United State* Steel. New York Central. Auacoudn and other actives are In the trading range, swinging with the mar- ket. Town Topics: Bullish wheat markets and the unfavorable crop reports have a de pressing effect ou stocks, but tbla Is- more artificial than real, for It Is a question whether there has l*en much actual li quidation on this account. I-nst year the railways were confronted by traffic dlfftcul* tie* seldom met with ou account of scarcity of equipment and immense amount of traf* flc offering. General prosperity will scarce ly be affected by auy development that haa taken place thus far In the agricultural Business has beeu hurt ny regions. has beeu hurt unsea* te tne unrnman nnu mu iwur». cm. i aui, tcfaisoii. Pennsylvania. Baltimore aud Mo, Reading, Louisville aud Nashville, tlantle Coast Line—Copper, Steels and ixar, may- be bought for turn* on breaks. Take profits on auy bulge in cotton, and THE COFFEE MARKET. The following figures five the opening range and close In the Nr _ * market for today: January Saw York coffee February March IS? v. •/. June July August September .... Oetolier November .. .. December Closed steady. ..5.306.35 ..5.35-6.50 ..6.40 5.50 ..5.40-6.60 ..6.66-6.75 ..6.45-6.66 ..5.40-5.50 ..6.35-5.40 ..6.35-6.40- . ,5.30-5.40 6.356.40 5.406.45 6.456.60 6.466.60 6.66-6.70 5.466.60 6.466.50 5.556.40 5.356.40 5.356.40 5.366.40 5.356.40 THE LIVE STOCK MARKEV. SSkciTA choice heavy 36.30^6.40. Cattle-Receipt* 300. Market unchanged; try. beeves I4.2S66.45; cowa fl.S0Q5.45: heifers Rain has fallen over southern Florida, In J $2.70«3.40: calve* S4.50Q6.25; good prime the Ohio valley and at a few scattered sta* steers $5.3596.46; poor to medium 34.2595.30; With the exception of sllgl perature on the North Atlantic coaat and In the Dakotas and Montana, warmer weather prevails this morning. COTTON REGION BULLETIN. meridlau time, Mny 18, 8TATION8 ATLANTA DISTRICT. Tempera tura. III all Max.* Min.** ^Atlanta, clear •Chattanoof*, p. cl’dy Columbus, clear. . . . Gainesville, clear. . . Greenville, clear. . . . Griffin, dear •Macon, clear Montlcello, dear. . . . Xewnan. clear Rome, clear Spartanburg, dear. . . Tallapoosa, clear. ; . Tocco#, dear West Point, clear. . . 74 78 82 75 74 78 78 78 77 81 80 * 7H 8 62 M 55 53 48 57 53 57 i I .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 rlod ending 8 a. m. this data. HEAVY RAINFALLS. Newham, N. C.. 1.58. - DISTRICT AVERAGES. CENTRAL STATION. Max.* referring to the Canadian northwest. “I aha will soon be a “ • who have ei point 40 to 60 per cent of pie who have emigrated across the borttr* Specials from various points In North Da kots Indicate that from 40 to 50 per rent of the wheat seeding haa been finished. Grand Forks reports that the ground, al though cold, la In excellent condition, with ~) to ♦) per cent of the seeding done. Ijiri- tore reports seeding backward with a I him t alf the crop In the ground. From Minot It la reported that the iterance >wn In Ward county In wheat and flax will xceed the record of 1906. Devil’s take re- Atlanta. . . . Augusta. . , Charleston. • Galveston. . Little Rock... Memphis. . . Mobile. . . . Montgomery. New Orleans. Oklahoma. . Savannah. . Vicksburg. . Wilmington. Temperature. T. Indicates (nap t radable rainfall. *For hours ending 8 a. m.. Ramarks. Lower temperature la reported from the extreme northeast section of the belt, and higher temperatures from all either section#. J. B. MAUBURY. Section Director. WEATHER FORECAST. steer* $5.3596.45; poor tojrnedtm stockers and feeders $2.90©5.15. Sheep—Receipts 2,000. .Msrket steady: na tire $4.5096.20; we#tern,$4.50««.60; yearling# $606.60; lambs $*2598-7*5 western $».25Q8.t5. THE SUGAR MARKET. ran lunar luuiaria .****; ’■*■“■ London beets firm; May $s U%d; June . COTTON SEED.OIL. Followlnf I, the opening and elwlng of (tio New fork cotton **«T oil mnrkoir Opening. Cloa*. Mot. . • 1 July. . . September. October v.: aa so November 43V Ueeemlier 41V Cloaed arm. 44 43V NAVAL 8T0RES. Special to The Georgian. Savannah. Ga., May IS.—Turpentine Arm at 60 1-2; aales 492; receipta, 721. Rosin Arm; aalea, 1,606; receipta, 1.992; window glaaa, 15.60; waterwhlte, *5.70: M. *5.65; N. 65.60; K, 15.45; I, 66.20; H, 64.90; G. 64.65: F, 64.75; E, 64.70; D, 64.50; A, B. C, 64.40. ferred down V: Smelting waa V IiIkIht i Hei — Ania _ r rred V; Pennsylvania waa off H nnd Northern Fa. - reacted V: 'Amalgamated gained mu Hteel preferred opened V higher MONEY AND EXCHANGE. New York, Mny 16.—Money on rail Id 2V; time loana none. Posted ratea: 8terllng exchange RHS 4.87, with aetunl business In bankers' Mil. at §4.R6964f4.87 for demand nnd RSMfirxI'j for slityslay bills. Prims mercantile paper, no trading. NEW YORK BANK STATEMENT. h Iswna *1.1:4.808.700. decrease tt.4U.W0. Deposits 61,108.100,900. Increase tl.SM.W. (■Imitation t30.G40.4O). Ineirnse fcSWO- l.egnl tender! 672.9*7.700, lBcres.clMI.ML Specie 6316.O8A30O. Increase 6JA7MOO. Heservr 6287.997.900. Increap) 63.408.W0 Reserve required 6276.oI5.225, Increase ICO,- 460 Surplus 611.472,875. Increase 31.MW. Ex-United States deposits 619.386,Tit. In crease 62.986,626. WEEKLY STATEMENT ATLANTA CLEARING HOUSE (Darwin 41. Jones. Manager.) Clearings Katnrdoy Same day Increase w.nruny »£»•»•*« w.w.» Clearings for week ’.'(Baffin Home week laat year j! lucres sc 199, « MINING 8T0CK. Itostnn. May 18,-Openlng atecks: At- Ionise 50: Shannon 1774; Knxlt 100; 4 oppej Range 83Vi; Butte Coalition 1674; talnnift THE LIVERPOOL GRAIN MARKET. Wheat closed unchanged to 174 higher. Corn cloaed quiet unchanged. | Opportunity land Cash. Opportunity reaches out its hand to those endowed with J cash. Every grcat fortune has its beginning in a savings ac- £ count. These accounts, if systematically looked after, grow £ alarmingly fast—and soon a handsome amount is acquired, suf- O Imulalaaa—Partly cloudy Sun,lay; proha. lily showers and eolder. Arkansas—Incrnslng cloudiness; probably showers aud colder. Oklahoma and Indian Territory, East Texas inorth nnd s*>iithi. West Texns ' north*-Inereaslug cloudiness: nrolmblr showers and coiner. West Texaa isouth)-l»artly cloudy aud HAYWARD, VICK & CLARK, ficient to make a good paying business investment, one estab' ^ lishing a life’s income. We have hundreds of growing Ravings ^ accounts and want more. Wo hold your savings absolutely safe § and pay 4 per cent interest. Union Savings Bank. COTTON, STOCK8, BONDS. COFFEE, GRAIN AND PROVISIONS, Corondclet and Gravier Sta. New Orleana. MEMBERS: few Orleaaa Cotton Exchange. I New Orlenna Future Brokero- Aaoeclatloa. .few York Cotton blichango. | New orleana --* —■- - -- - Oalveotoa Cotton Exchange. I New Yorl Uooato. Cottoo Exchange. I Aaaoclato A B. BACHE 4^CO?Ar*D*BARTLETT,^FR2t£TeR**!*,*’CARRINQ^OM. PRIVATE WIRES TO ALL POINTS. ' *"• uneaai > nture Droaera- aaaw^ltlaw. data MtmbCra Uverpool Cotton Aaa'ft W. d. DIBBLE Accountant and Auditor, mi Fourth National Bank Building. auua, hkuouj Book ATLANTA, 04. ATLANTA NATIONAL BANK ATLANTA, GA- C. E. CURRIER, Pr.ald.nt. H. T. INMAN, VIce-PresIdenL GEO. R. DONOVAN, Caihler. JAMES S. FLOYD, A.lliUnt Canhler. Capital $500,000.00 Surplus and Undivided Profits We Solicit Your Patronage. ALONZO RICHARDSON & CO. PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone, Main 8il ATLANTA. GEORGIA. Publication of the Bank- Statement Had Little Influence. IT WAS FAVORABLE Trading Was Very Dull and Mostly by Pro fessionals. New York. May 18.—For the first time this week, today brought a share cheek to the extravagant .peculation on the grain markets. Weather repurta were more reaaaurlng than on the pre. vlous daya, but thla waa evidently not the main Influence., A rush of specula, tor. to secure some of the handsome profits from the bull campaign wax what really happened this morning and the price of the leading wheat optlm, fell abruptly 4c on the bushel. The stock market, however, paid very little attention to the wheat fluctuation. Neither did It much notice much of the increase In surplus In bank reaerve nor the shares reaction which to„k place In sterling exchange. A alotv liquidation seemed to be In prugn,, In various quarters, notably In the group of Southern railroad atocke, and the tone of the whole market waa de. pressed at this exhibition of weakneee. No reason appeared for the selling of St. Paul and the Hill Issues other than the somewhat dubious outlook In the spring territory. The stock market closed dull and rather heavy. New York, May IS.—The publication of the bank statement teemed tn bare r.r. little Influence on the aleck market. Tr«,f. Ing did not differ materially In Its eharar. ter from that prevailing during the great* part of the week, and continued mostly ■, ■... rewdonal. The market closed weak with however, a alight rally from the lowest. Governments unchanged. Other bvudx iUta,