Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, May 20, 1907, Image 12

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THE ATLANTA GEORGIAN AND NEW& MONDAY. MAY 20, 190?. 12 TRADE WAS ACM AT WEEjCS OPENING Favorable Weather Over Sunday Was a Depress ing Influence. NEWS AND GOSSIP of the Fleecy Staple. NEW CROPS WEAKEST Liverpool Closed—Excited Market is Predicted From That Center Tuesday. New Tort. Mar I0.-Th«re »•< hravr Mil, Inj: prmsr. on cotton market, and rorable call wai on a big ecale, with conaldera- Me »top-l*i* aellla* In e.ldence. r the end of the arat half hour. Julr rallied on coverlnj. The new crop uontba were atlll points net lower. The -Liverpool cotton exchanr* remelned doeed Monday, It will teopen Tneaday and tha trade predicta an .felted market on tha oMotof. The American mark eta Monday, under tha Infitnac* of favorable weather orer Sun day, wera sharply lower durlox tb* morn ing trading, the new crop* ihowlnc the yreateet weakneea. October opened i point* up at 1L28, eold off to 1LU and at tha noon hour w»» eelllni at 11.22- Jnly opened 1 point lower at 2M6, aold olt to to. 92, and at noon was eelllog at U.Ot. At tha cloee In Naw York, the near months were uncb*n**d 4 point* lower, while the late poeltlone were IOU polnte down. Comparative recdpte at all D. 8. port*: Net receipt* Same day laat year U-MJ Total recelpte for two day 1«.4» Barn# daye laet year 2U ; ; . Deere*** »- 151 Toul receipt! elnce Reptember Same time Met year I-SilH Estimated recdpte: . ™ 1% New Orleana 1.825 ,0 1-525 .225 Oaleeelou 3.JJJ Jo 6,00# J-JJJ Houston 8.M0 to 4.000 8.828 Mo.ement nt Atlnnta: Receipts Monday Same day laat year Decreeee ... ... ... Shipments Monday . Eh me day laet year Decreeee Stock on hand Same day last year Increaae 190 ... 190 ...None SPOT COTTON MARKET. Lverpool, holiday. Atlanta, steady: middling 111518. New York, quiet: middling 12.15. New Orleana, quiet; middling 12c. Itoniton. ateedy; middling i:%. Memphis, ateady; middling 11%. S alveaton. Arm; middling 12%. orfolk. arm; middling Me: irannah, atendy: middling 11%. Boston, steady: middling 1114. St. Louis, steadyi middling 12c. TODAY’S PORT RECEIPT8. The following fable ahowe receipts at tha porta today, compared with the same day uat year: ,-Vlck ft Clark.) New York. May 20.-J. 8. Bachc A Conc pany: Fort recelpta for today eatlmated at lO.OaO. against u.900 last year. The forecast Is for fslr Mondsy and Toes- day In the gulf states. Buyers are antlcl- patlng their neede In cotton goods eeiy freely, fearing that prices will go higher. Consumption keeps active. .... .... Exports of cotton piece goods of,all kinds from United Kingdom In April showed. In creaae of 78.961,ail yards oyer corresponding period In 1908. _ ,, . Lord Cromer estlmatea that Egypt* cot ton yield in 10 or 15 years will be M.- 000.000 cantors. Tbs crop of today la about 6,550.000 can tar*. Bale* of print rletha at Fall Rivet week estimated at 250.000 pleres; 2O,0*~ -t balance for future delivery, rxtcDdlnf weU Into next year. Production and doUVema for tka weak were eatlmated at 220,000 place*. Block* at Fall Hirer were eatlmated on Saturday at 56.000 piece* of all kind*, a lower rolume than any recent record. Weather One and warm In belt Thin* price* will be lower on realising but would not henitate to take on cotton on tbe de clines aa Improrement cannot come over- night to tbe growing crop and the least appearance of unfavorable weather will bring about an advance. . .. Cotton opened up under stimulus of a big buying order by Rlordan and August by Fahey, but afterward* aold off on profit- taking and nailing by ring crowd on thr better weather. Tbe bull crowd came la. to get their cot ton »>ark on the break thl« morning. Looks almost Impossible to get hqy substantial reaction. The advance In wheat, due to bad weather In northwest, is haring effect on cotton also. Better stay , on long aide. Local crowd bought considerable cotton, trailing the advance Just after tbe open ing. Look to be selling It out now, hut would buy It on any material break. First government report doe Monday. June S. Government's figures of acreage and condition will bo baaed as of Satur day, May 25. Only eight days remain for reports to be filed. Hardly teems possible, even with favorable weather from now on acreage must be In doubt, since ao much land remain* yet to be planted end aa far as conditions goes, there la room to fear for the government figure* may be better than that of 1906—713—whl Is there will not be lacking prediction* of aa low aa In 1909—74.1. It will be no consolation to aborta to remember that the nctuul yield In 1906 was only 10*4 million bales. Liverpool la expect* _ .. _. . ifter the holidays at orer the nd i * Clark. tomorrow afl_. advance In our markets, and people are buy Injr In anticipation of strong Liverpool. Weather Indications are for partly cloudy, probably showari and cooler In central and eastern belt, which may again sustain market. Expect realising. Only buying now Is In anticipation of excited Liverpool tomorrow. Think market baa done Its beat, unless the weather takes a sudden bad turn. Tupelo, Ml**., wires: "Three largest S lantera of thla county tell us their cotton ylng, caueid by taproot rotting; too much w: 'The substance by prominent cotton men from Temple and Taylor to .New York this morning are that the crop la the worst In years. Four weeks late; planting and replanting still going on. Fields grassy aud condition less than 60." NEW YORK. ^ The following Is th* rsags In eotton fu tures in Nsw York today: i| * i|aT li U«7 • • . . June • .• . July . . , . Aug Sept. . • . Oct Nov. . . . Dec. . . . Jsn 10.ta11.66 10.90 10.90 10.9611.08 10.99 111, 00 11.09 111.10 11.29 11.29 11.1911.19 11.8011.84 11.4511.60 i5.w|iL66|io.96ta 10.90 10.90 10.91-94 10.90 10.98 10.96-90 10.M 10.89110.91-93 10.97 10.99 11.00-01 1U011.16 11.15-19 1L19 11.19 11.17-18 11.19 11.23 11.22-23 11.SSU.85 11.35-36 l6.94-ta 10.96- 96 10.97- 99 10.91-92 11.03-06 11.24-25 11.31- 32 11.32- 33 11.47-48 Closed steady. New Orleana Galveston ... Mobile Savannah .... Charleston ... Wilmington •< 1907 1904 f79§ 8496 266 768 9 113 1617 1788 1660 941 • S 1010 2348 88 8210 11906 INTERIOR RECEIPTS The following table shows the Interior movement of cotton, compared with the same day Uat year: Houston •t, UlleiWreWlfM.; Cincinnati L. H. FAIRCHILD A CO.’S WEEKLY COTTON LETTER. IDg On nonius, me iuus ruuus ,, and errry alight depression Ik met with good buying. The damage reports (ram nil orer the belt ire haring their •ffeet. tod It half of these reports ere true we cun not heller* that prices are too high. The probabilities are that wo will ■tflkk the new crop with tbe emtlleat sup- pi. of old cotton carried orer In tome C anra, and with an erar-lncrcaalug conaump- on and tha eoormoua demand (or dry rioria It la only natural to aipact a higher naata (or spot cotton nnloaa wt can ma terially tncreaaa tho yield from the fields. The outlook at thla lima la egalnat even an arerage yield thla eeaeon, and wa doubt whether perfect weether from now on could bring tho crop up to tho etnndurd. The weekly figures allow I deereaee In the world'# rlalble for tho week of 123,0)0, year nod 2#3,twf year before last. Ex- - -o date hare now reached 7,922.550, becomes moro evident every day Tho government re port, which cornea oot June 4, will proba bly he not of the most bullish document# published In eome yeera. end wa expect to see higher price# before thla report la pub- Uebtd. The loweat report published by the gorernment on that data wee In 1908, when condition* showed 74.1. and the crop turned out 10,000.000 teles. It would appear that we an In for a boll eeaeon In cotton, and that the money la to he made on tbe long aide. Short aalea appear dangeroua. even on tha apurte. and w* continue to favor buying on any moderate reaction*. HAYWARD. VICK dl CLARK’8 DAILY COTTON LETTER. New Orleena, May 20.—Tbe promlee nf ratna over Sunday did ont materiality and tlba led to milting thla morning of long cotton taken on Saturday oo tha govern- mtnt weather forecast*, rirat trade, la our murkut warn at 10 to 14 point* decline, followed by further lose. The market ateedltd anon after on the weather fore casts for tomorrow, promising Increasing cloudiness In the western half of the IwlL There wee alao tome buying In anticipa tion of n atrong I-lrerpool tomorrow. That market la expected to be sidled after the holiday* orar the further advance In our market. On tba whole, however, the fact la that waetber condition! bare Improved and while It may not tell aa long ae bullish feeling le running ao -high. It ahould be considered In due time. During the peat forty-eight hoot there waa practically no precipitation In the belt ootelde nf a few VI8IBLE SUPPLY OF GRAIN. Chicago. May 20.—Following la tha atnto- ment of risible supply of wheat, corn and out* at compared with laat week and laat year. I .ait FrcTlona Laat Week. Week. Year, Wheat 40,993,000 40,188.000 38.013.000 Corn 6,444.000 7.818,000 2,253000 Data 10,888,000 10.3U.000 10,578,000 COTTON SEED OIL. Following la the opening and doting ot tha Naw York cotton area oil market! May 0 4r?'”- July 56Ui September ..66 i October 60j4fi6l«4 .Vovciiiliee December Closed steady. points In northwest Texas, the territories aud Kerrvltlo, Texas. Generally fair weath er prevailed and aaaaonable temperatures. Indications art for cloudy and cooler, ex cept fair in the southeastern states,. prob ably showera In north Texas, tho terri tories, Arkansas, and on tha extant of those showers the fate of the market depends for the next few days. On the whole the market shows Indecision. New York, May 20.—J. 8. Bache & Co.: Tim cotton market waa extremely dull, ow- Inc to tha fact that Liverpool waa cloeed because of the holiday. Tha reports of bet- tar weather conditions brought a sot-back nt tha opening, which waa sharp In new crop months. An Immediate rally followed on rUqnS-bnytag and tha persistent sup port 90 evident on ths decline* for the past fortnight. At tiroes, a nervous market wa* evident, with some outside selling. Weath er news being favorable, and tbe forecast for tomorrow clear, caused the selling on allies. Wa believe ootton a purchase on all declines, and think tha government re port figures will Justify tha present ad- ATLANTA MARKETS. FRUIT AND PRODUCE. EGOS—Active, I8e. LIVE POULTRY—Hena, active, 40c each; chicken,, active, 15Q35C auehl duck,, Pekin, 10a each; puddle 24c etch; gee**, full frathurad, Joe each; turkrya, dull 12%c "DRESSED POULTRY-Outae. undrawn, active 10c pound; turkey a, undrawn, active 144117c pound; fries active* J6OJ0e pound; *PltoDULa rd 10011c pound: hams ac tive 16c pound; shoulders active 10011c pound; aldea active 11c pound; butter active 900230 pound; beeswax active 25c pound; honey, bright, active 10c pound; honey. In 1-pouud block*, active ll<fce pound; whlta peas active 13.25 bushel; lady peaa $3.60 tusbal: stock $1.750115 bushel. FRUITS— lasmons. fancy Messsns, $6,000 6.8; bananas, per bunch, cull*, active, $1; straight* tVacjMund: pineapples. Cuban, t>er crate, $3.000160; Florid*. $4.00; orange*. Florida stock, owing to alt* and condition on arrival,, per bos, $4.0004.60. Apples, New York state fancy, $4.6007.00. Florida honey peaches, $3.0004.00 par erat*. Grape fruit, Florida atock. owing to alts aud color, per box $1100$; limes, Florida stock, per i» $1.60; peanuts, !o sacks averaging 100 pound* each, owing to grade, per poumL •H0TV; dried apples, 70$*{o; %ried peaches, ^lUfcc; prunes, 607Hc; cautaloupe, V KG ETA BLEI*—Yellow squash. $1.800176; white equaab $101.60 crate: cabbage, crate, $2.60: per lb. In barrels* 2>4e; strawberries, 10015c: tomatoes active, $10002.50; potatoes, new, $4.OO06.no barrel; onloue. I.oulnian.i, $1.75 per bushel; Egyptian, 4c pound; old Irish potatoes active $1.1601.20 bushel; cel> i-rnir; iruurr. ununi, puitp. k.w>vo.w |wr crate; kraut, half barrel, $176; beans, round green. $2.00; wax $1.2601.50 create; aspara lUCE-Jap 6fi 6HH7, accordlni C1IEE8E—Fa GROCERIES. 505Hc; head 6fl7c; fancy head lug to the grade. MR Fancy full cream dairy l#Hc; twine l?V*e. HUGAB—Htsudard granulated. 6*4c; New York refined. 4*4c; plantation. 5c. COFFEE—Roseted Arbuckles $16; bulk In bags and barrels 12c; green 11012c. Shredded biscuit $5 ca*e; No. 2 rolled oats $3.25 case; sack grits, 96-pound bags. $1.R3; crater*, full weight. $2 cn*e; light weight $1.10 case; evaporated applet 7Xkc pound; pepper 18c pound: baking powder $5 caae; red salmon $5 caae; pink salmon $4.23 case; Edited by Joseph B. Lively MARKETS Mr Lively's twenty-five j.. -xp'erlenca of ed iting markets In Atlanta and tbe Booth has mndv him a recognised au thority in ble specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAME OP STOCK. Amalgamated Copper . . Atlantic Coast Line. . , American Sugar Ref. • • Anaconda ........ American Locomotlv*. . dot preferred Am. Smelting lief. . r • do, preferred ••••.• Atchison di Ajdsl. Am. Car Foundry . . Baltimore A Ohio . . • Brooklyn Rapid Trau., Canadian Pacific . . . Chicago and NorthW*fl« Chesapeake A Ohio . . Colorado Knel A Iron. Central Leather .... _ do, preferred . . •• Chicago A Great W. • Chicago, M., A St. P„ Delaware A Hudson. , Distiller's Securities. . ^ do,’ preferred .... General Electric ■ • • Illinois Central . • . , Am. lea Securities . . UralsvlUa A Nashville. Mexican Central . . . Missouri Pacific .... i'*W S5 ^otal *tf>ck sale* 930.000 shares. 30% S58 73% NAME OP STOCK. N. Y„ Ont. AW National Lead Nortbsm Fadfic. , . . New York CantraL . ■ Norfolk tc Western... Pennaylvanla People'a Oita Preaaed Steal Car. . . do. preferred. . . ■ Pacific Mali. Beading Republic Steel. .... Rock I aland. ...... da nrafarred. . . . United state* Bobber. de. preferred. .. Southern Pacific. . . . Southern Railway,... do. prefarred. . . . Sleaa-SbeSleld Tenn. Coal k Iron. . . Texaa ft Pacific. .... Union Pacific. ..... United State* Steel. . , do. preferred. . . . Va.-Car.Cbetnlcal. ... do. preferred, ■ . . Western Union Wabatb. do. preferred . . .. YVIacontln Central . .. do, preferred .... « ft LIVERPOOL. Liverpool market doeed Saturday and Monday— Wbltauntlde holiday*. NEW ORLEANS. Hay - ; Juno , July . Aug. - Sfr. Nov. , Dec. , Jan. tioaed barely I II I ii .111.53-60 11.68 .... .... 1L65-7011.80 1L791L7011.73-7$ 11.82-R7 1L491L62 11.62-53 .... .... 11^62 11.46(11.49 1L48-49 11.6011.67|11.53|lL62-53 steady. !!:S‘ 70 U.C5-C6 11-63-70 NOTES ON GRAIN. Pointers on Provisions. (From Hay wan _ Chleifo, klay 90.—Bartlett, Carrington: Tha trade seenu look the one factor In tha grain altua tion at tha present momaut that la most menacing to the crops, and that la the shortage, the precipitation west of the Mis souri river and tha prospects of going into the summer unprepared for the usual hot and dry weather. Condition! are bec&mlng very aerlous all through that section^ and also In lown. The crops are going ward ever; ‘ -- less will , Feel very friendly to wheat and advise its purchase around Saturday's closing prices. Think corn ami oats will follow wheat, but consider Heptcuiher oats n purchase. Would prefer to buy provisions on tbe eak snots. The Chicago Becord-Hersld: Contrary to popular Idea, tbe large gains that > in lown. me crops are goiug dbcb- d every day on thla account, and un- they nave Imuiedlute relief the result be disastrous. winnings will have to be paid r by the cousumer, at borne or abroad. tba meantime, that have carried In . stocks anu by producers—probably over 100.000,000 bushels outside of farmers 1 hands alone. Tha owners of tba visible and OPENING IN WHEAT WAS SHARPLY HIGHER Russian and Kansas and Ne braska Crop News Was Unfavorable. Chicago, May 20.—Wheat closed 1%01%c er oaii gmue 6010c higher. The public was not In the market on large a seal* aa last weak, talk of tnnnl- S ulatlon by Wall atreat reducing tbe or- era. Cudahy sold a big line of long r-*-—‘ of the Heptember and December kind was taken by aborts and Investors. ports on crop conditions In Kansas were pronouncedly bad. Northwestern receipts were large at 660 inttiu«rtb* minV million, of bu.h.l. Sfc WJWjjdiWlUl HI a *,ek .go *»d 7*TttP S’.yiifiJK.Htt.BiSS?mm Prini.r)' rsc.l'nt. of whe»L AWOO bu*h.l., In ;ubllo *_nd {rirat, clsv* tort, mill „ „„ ,', 0 S30.OD0 bu.h.la gi The visible supply of wfiest Increased 867,000 bushels and oats Increased 187.000 bnihcls for the week, whlel corn decreased 1,169,000 bushels. country are largely wealthy eleva- nple aud millers, who have hedged joinings by sales for future delivery In ths Chicago market or elsewhere, and who are now depositing Immense auma of mouay aa margins to protect these future delivery sains, while at tha tame time ►haring lu an offsetting Increase In the value of the actual spot wheat, which Is advancing with forward deliveries. Tbe owner of the cash wheat, however, suffers an additional losa In the shape of an extra high short rate tenn of Insurance, which, of course, Is also more expensive because lissed on $1 per bushel wheat Instead of on 90-esnt wheat, the basis on which It was originally hedged and Insured. There Is, of oQurae, a fairly large contingent of short sellers whose sales do not represent any thing moro than a gambling transaction, and who have been caught for more or less Urge louse*. This contingent, however, Is but a small percentage of tbe actual busi ness Involved. There Is now no possibility of this coup- r raising su svarsge crop of oats'* said A. Fatten. "Texas, Oklahoma aud Kan sas have been wiped off tbs map In so far as shipments are concerned. I doubt If Kansas will raise enough for her own need*, while Oklahoma, and Tex** will l># buyers all year. Tbe Nebraska cron U go- log backward every day because of drought, rreen bugs and the recent hard frees**, own, nor thorn Illinois and southern Wis consin are ahowlng big loaaea by the freealng weather recently experienced, many field* showing big. bare apota. A farmer friend waa In today, from Carroll w up hi* •ufncl.nt h,lD to do It. Som* will tura to ttand for b*rv,*t. W* *»ld 148,000 bu.hol* of out* from our Peorl* bout* tod.jr to ,0 South. Tho Bouth will b# * treniondou* buyer of corn *nd out. lu tb# North throufb tb# Prop your. Tbe rain* down Ih.re hire been Jo oxpe.ilvo tb*t the South will not lie eble to raise * deeent corn crop, that section b.rluit .rent *u .xc.M o* tnolw ture as other *ect|on* h*ve been deficient. ■The funner 1* not likely to hurry bl* porn to uiurket tbl* yeur with out*, rye, hurley and wheat away up a* they are now/ .aid Corn 8peplall*t Homer A*h- "Besides, porn brine, pretty food prtpe.10 feed to live .took, peyln, ^better when marketed on tbe hoof. It looka very much to me an thoo.h the corn pH would uoon be getting aoinethlng of the excitement that baa been running In wheat.” L. H. Fairchild. Established 1889. S. J. White. Xi. H. FAIRCHILD & COMPANY, NEW ORLEANS. Membnrn: New Orient Cotton Excfc.nce- Itiw York Coffee Exchonx- New York Cottou Kxrb*n,e. New Orlesns Board of Tr:„> N.w Orient Stock Eictunrc ciiiexo lloonl of Traile. LIVERPOOL COTTON ASSOCIATION. Privet* Wire to NEW YORK mud CUICAUO. Order* Mllclte.) tor (more ,luil»- . try m ntov* Exchtue. U. C. COTURAN. coeo* 40c; phopol.to 83c; tnuff, 1 pound laru, 48c; rent t>ef 12.60 ee; corn*! beef 82.84 rate; euup ft-90 c**e; tlrup. New Or ient. 36c fiallou; core 30c k»Uon; Cuba 36p ,allon: tb-or.la en* Mp gallon; elt. 100-pound, 60p: aile ,ree 81.74; *oda craPk- era 6%p pound; lemon 7c; oyuter 7c; bar rel candy, per pound, t%c; mixed, per pound, 6%p: tomatoes 3-pound, 11.80 cue; (l-|H,und, M.2S: uavy beuu. 82.40: Lima hcana 6<’; beat match**, per poll, 81.85; mearont, cu’tiTc pound; Mnitnea, mustard. $3.25 case; do!ash $3.2503.90 esse; pesnuts. 8c; r*»|K». ..nsriixss, wa. ss-ss si ent 84 50: aprlng whet patent, 85.50. CbUN-Na 2 white, 79c; choice white. Sip; white feed. 66c; No. 3 yellow. 76,«: nilxe,l, 74c' prark*<l corn, per bnebel, 74c; bulla. 113. CHIPKKN FEED-rifty.pound ecka 80c: purine rlilek f-e<L $1.80; 51ctor feed, J1.30; liraud fed. It.30. _ OATS—No. 2 white, 60c: No. 2 mixed. Be; Golden oota. 59c; white clipped, 61c. MBAL-I’lkln. P»t »*1«»nd aacku, 78c: 48- round Mcku. 74c; plain. 20-pouud ecka, 74c; 'TS/aY —Ttmothy. choir* lara* balea. 11.34: do. choice ainall bale*. 8I.S: No. 1, one third balea. 11*1; No. 1, one-thlnl bele. il.25. No. I Plover, mixed. 81.25; choice prairie 11.00; Bermuda. $1 10. SHORTS—Choice whit* 81.46; Texaa whit. 81.35; fancy. 80-pound. 11.40; brown. 80 to MO “ * PROVISIONS. PROVISIONS-Suprem* hums !8%e; Ul- lie. 204(» pound., average, 10.07%; fet loieks, *.17%: plate, 8.17%; Supreme lard, I Purity compound. 100%; r'nllfornU \ hums. 20.50: dry elj^eitra rtlm, fc87)L i l-'ISII—Rnani 7c pound; snapper 10c i I'Ouud; tnoit 8c pound: blue fi«h 7c pound; | poinpano 25c pound: mackerel 1J%* pound; I uilxr.l Bah 4c pound; freak water trout 8c poupd. CHICAGO GRAIN MARKET. . nre as follow*, compared with yetterday't cloee: Prevlou* Sept.. GREATEST MARKET IN YEARS EXPERIENCED LAST WEEK. Chicago, May 20.—The Chicago Inter orenn Monday morning nays: A buying erase lu wheat waa on In full fore* laat week. Tb. grattett market In year* we* experienced. Tho volnmn of hualneu wa* to large that tho trader* In the pit and the rlerk* In the commlmlon houte* wore unable to take car* of tt. What price* will do In tbe futur* depend* purely upon the attitude of th. public. If they continue to buy, with tho urn forco. that characterlaed their operations laat week, prices will .go higher. •ell pro . m I00,000.00*.huahel ohortage in tbe winter wheat crop la shown In tba lucreaaed trade. Southern Kanaaa hut a very low condition due to the hnga and (reeling temperatures, the full extent of which cannot be deter mined until harre.t, whan It la expected tbat a vary amall vleld will reanlt. In the Northweat, aeedlng ha* progretaed under th* moat unfavorable condition* ever existing to Minnesota. Tb* Dakota* and tbe Canadian territory, higher nadlatj Northwest will have only half a crop under tha moat favor able conditions It will bava to be demon strated by tba harvest return* before the full advance to bulla* claims esn be realised unless the puhlle keeps up Its buying. He qulremeuts will be large and thb European cron Is estimated at 100.000,009 to 175,0i>).000 bushels abort of last yeay. "Tliere will lie no Liverpool cable today, but the continental markets will be WEATHER REPORT. 8TATE FORECASTS. Georgia: Fair tonight, cooler Is north portion; Tuooday fair. Houth Carolina: Fair tonlgbt, cooler In northwest portion; Tuoadgy fair. Alabama: Fair tonlgbt tad Tueaday. WEATHER CONDITIONS. An exteaatva area of high preaauro cov en moat of tbo atatta »**? of tho Rocklee. with Ita center near nuron, 8. Dak. An area of low preaiure la centered In New Lnglnnd. canting cloudiness abd rain Is that section. A aecond low area I* centered near Modena. Utah. Low temperature* prevail In the region of blgheat barometer and froet occurred In Mlannaott, Iowa, northern Illluol* and Michigan. Over tho aoutb tbe tempera- turea are more seasonable. Clear weather prevail* over moat of tho map, and little or no rain - hat fallen aouth of tho Ohio In the laat twenty-four hour*. COTTON REGION BULLETIN. STATIONS ATLANTA DISTRICT. •Atlanta, pt. cldr. ... -Chattanooga, cfdy... Columbia*, clear Gainesville, clear .... Greenville, clear .... Griffin, clear •Macon, clear Montleello, clear .... Newuan, clear Rome, clear Spartanburg, clear .. Tallapooaa, clear .... Toeeoa, clear Weet Point, clear III TIPS FLASHED From Wall Street fippclal to Tbe Georgian. (From Ilarword; Vick A Clark.) New York, May 20.—J. S. Bacho & Com pauy: No London mnrket today. Action of mrirknt Saturdny was \ * r\ • 1!•- appointing, probably based on foreknowl edge of the arrangement ot the Standard Oil Company. The drop In grain and favorable banks' statement did not have the desired effect, und stocks wore pressed f<>r snb\ Itoports of financing by traction companies helped along decline. Good stocks show bettor re turns than money rate*, but fear that rail roads will feel the effects of rate legisla tion and earnings fall off correspondingly, acta as a deterrent on Investments. Bearish on weak spots. tire belt for today and Tuesday, and further Habersham King’s report Of Saturday say ing damage overestimated Is having in fluence. The New York Financial Bureau: The market Is likely to remain, as a whole. In the trading range, with a sagging ten dency, followed by rallies when oversold, and we commend to your attention 2he wis dom of adhering to the professional* Inter pretations of tbe maintenance or removal of limitations, which policy has proved very good. On any break today purchases with a small stop order should be made for a moderate turn In tbe standard dlvldeud-pay- stocks. _^e Brooklyn Bapld Transit new financ ing will probably cause an attack If the pool refuses the 57 support. Bumors of new United States Steel financing will be taken advantage of by the professionals to ham mer that Issue. Support Is around 36 now. Bear element will try to break the 141 level support of Union Pnplflc before It ran ac complish much. Amalgamated Copper con tinues to be well bought around 93. Hear tips are noted on Smelting In professional quarters, but the low limit of 125 must first ba . w t be removed before the bear crowd i do much. Atchison and Baltimore and ana Northern Pacific contlnu* .reactionary. Those who sold Saturday should cover on weakness and then put out again on ral lies. Great Northern preferred gets some rt around 130. The technique of I'cnn- jla Is not strong. Bending Is held be tween 106 and 110 as yet. Southern Pacific seems to be in a sagging tendency. London, holiday. Town Topics: Good stocks are about' low enough, and, In the event of any far ther setback of even moderate proportion* Individual stocks, like the Interhoro, Chesapeake and Ohio, New York Central. Colorado Fuel and Iron will be subject of liquidation, and consequently will. In a)! ( rohablllty, react considerably further, but n securities such ns those first named, li quidation has been practically complete, and they shonld enjoy a rally of fair propor tions during the week. The more favora ble weather conditions reported In the West will do wonders for the grain crops If con tinued for a few days, and tbe grain bulls who hare been shorting the stock mnrket will be Inclined to cover. IiOtidon trading resumes tomorrow, and should be the causa of renewed buying for ' rn account. :e profits on bulges In cotton and wait for a good reaction before buying again. We would not advise buying wheat, ex cept In case of a sharp break. THE COFFEE MARKET. New York, May 20.—Coffee cables: Holl* sy in Harre aud Hamburg. Rio—Exchange 15)4* receipts $.000; stocks 164,000: market quiet; shipments to the United States 1.000; total clearances to Eu rope 3,000; to Cape, 4,000; to United States ’’Btnton-Reeilpt* 89.000. J to P»ulo—Receipt* 20,900. UUfil.br—Recript* 28,000; dock* 2,433,000; m.rket Sim. 8*uto*-CI«*r*nce* to tb* United State*. 63,000; total, 292,000: thlpmant* to tb* United State*, 43,000; to Europe, 261,000. Tbe following figure* give tbe opening rango and clot* ol tbo N*w York coffee market for today OPENING PRICES GENERALLY LOWER Greatest Declines Shown in Pacific Rails in Early Session. NEAR TWO POINTS OFF Majority of Other Issues Were Down Fractions. Con. Gas Higher. New Tork, May ».-The atock mark,, wa* generally weaker this morning than it ba* been for tbe prat ten day*. That |. to s*y, moro real liquidation appeared, and there being no I tetter tupport and no let. up In the effort* of bearish operator., tha re.latance waa poorer tbau bad lieen *bown at any atage laat week. The trould. with the itoek market teemed to lie main ly wltliln, rather than without, tho stork exchange. There were many evidences that certain Inrge tpeculaUva Interest., who had been aeverely hurt In tbe panic of tm! month* ago, and who have been endeavor" Ing on every occatlon .luce then to lighten their load, were preealng their atoeke for ■ale with more urgency. Liquidation of this .pedal character aeemefi to ho the nrln. clpnl factor In the we*kne»i of tho rail, rond (bare*, which were more than 2 point* New York. M»y 29.—The *tock market opened reactionary. Union Pacific .tnrted In % point lower and loot In all V i„. terhorough openad % lower, Smelting %. Heading and Chetapeake and Ohio %, New York ('entral, Groat Northern preferred % and Atcblson, St. Pant and Copper % lower’ Steel common opened % lower and ad vanced %. Colorado Fuel unchanged. SUMER GOODS DEMAND STEADILY INCREASING. January .. February . Mareh .. April .. .. May .. .. Juno .. .. July Anguat .. September October .. November . December Opening Bangs. ..5.86-5.45 ..6.364.45 ..5.46-5.50 .75.604.65 ..6.454.55 ..5.464.50 ..6.804.40 ..5.354.40 ..5.804,40 . .5.30-5.40 ..5.354.40 Close. 6.404.45 5.454.50 6.454.50 5.504.55 6.604.66 5.464.50 5.45-5.50 6.864.40 6.364.40 5.864.40 5.35-5.40 5.354.40 Closed steady. Sales 22,750 bags. VI8IBLE SUPPLY OF GRAIN. Visible supply shows wheat increase 857.- 000 bushels; corn decrease 1,169,000 bushels; oats decrease 187,000 bushels. •Minimum temperature for «be 12-hour ds Hod ending 8 a. m. this dste. ... HEAVY RAINFALLS. Kerrvllle, Tsx„ 4.82. DISTRICT AVERAGES. CENTRAL STATION. Atlanta 7 Augusts ...... Charleston ... Oslvestoa Little Rock Memphis .. Mobile ..... Montgomery . New orlesns.. Oklahoma ... Savannah ... Vicksburg ... Wilmington . Temperature. Max.* Mln.*» M 22 ||! ill 7f T. Indicate, Inap Remark*. Somewhat higher t.mperaturea are re- ported from ea.tern dlatrlcta; atatlonary lo lower In central and western dlatrlet* of the belt. Light rain* have occurred lu Text*, Oklahoma and Louisiana. J. B. UARBURT. Section Director. THE SUGAR MARKET. New Tork. May 20.—Local refined and raw augar market! are iteady and un changed. "naval storesT ;o.tn firm; aalea I.2S8; receipt* 1,247; wlndowglaa. 3580; waterwhlte J5.7S: M. 88.70; N 16.50; K 85.45; I 85.20: II 64.90: G jj.88ilMH.78; E 84.70; l> it.5064 55: A B U HAYWARD, VICK & CLARK, COTTON, STOCKS, BONDS, COFFEE, GRAIN AND PROVISIONS. Carondelat and Gravler St*. New Orlaan*. MEMBERS: B ew Orleac* Cotton Exehang*. I New Orl.an* Future Broken’ Aauadttlua, ew York Cotton Exchange. I New Orleana and Chicago Board* of Trad* a ilraaton Cotton Exehang,. I New York Coffe, Exchange, ouiton Cotton Exehang*. I Aiaodat* Member* " * Jouiton Cotton Exehang*. Naw York and Chlcm i Liverpool Cotton in'* , - ”? r .._ nna Chicago Correapondents. J.fe BACHE & CO. AND BARTLETT, FRAZIER A CARRINGTON. PRIVATE WIRES TO ALL POINTS. W. J. Accountant and Auditor, 1114 Fourth National Bank Buildinz. REFERENCE: D*ll l'hon* 11U ' * rnr ?XTei . . Atlanta National Beak ATLANTA, QAa PRIMARY MOVEMENT. Tbs following figures give the primary movement of wheat and com today: Wheat—Receipts 938,000 bushels; shipments 258.000 hashela; last year, receipts 310,000 bushels; shipments 861.000 lmshcls. Cum—Receipts 568,000 bushels; shipment* J03.000 bushels; Inst * * bushels; shipments THE METAL MARKET. New York. May 20.—There wss little or no business In the metal mnrket today, ow ing to tbe holiday abroad, and prices In gen eral were unchanged, with the exception of tin, which wss easier, at He decline. New York Commercial: The reorder de mand for all lines of summed goods Is stead ily gathering In volume aud the mnrket os staples as well as other lines shows a de cidedly hardening tendency. Minor ad vances are reported dally on various lines, showing plainly that the goods are working into a stronger position and that manufac turers hare absolutely no fear ns to ths business of the future. Domestic staple cotton goods lines, such as sheetings, drills, etc., are firmly held and on some lines ad vances of He are reDorted. The export trade, or rather lack of It, is cutting nlmo- lutely no figure In the market here and ths only thing that appears to bother the manu facturer of cotton goods nt all Is thp scarcity of lalmr and the difficulty In hold- . . f orc€B together. Wages are _lgher level than /they were a year ago, according to the statement* re ceived from the different mills, and in ths South these higher wages are said to r**- suit In the operatives working only three four days a week and loafing the hil- e. Jobbers are busily engaged In han dling cummer trade, although retail busi ness has not opened up In full as yet, whlis st the same time they report very satisfac tory orders for tho coming fall season. From present Indications It looks as If a high level of prices would be maintained throughout the entire summer season, and, unless some unforeseen developments occur are likely to be maintained throughout tho coming fall and In fact up to the cud of the year. Print Cloths Hardening. There Is a decided upward tendency fa ns 4c. Buyers complain that they nre har ing much difficulty In finding a 28-Inch 64x60* for spot under 4 9-16e, and state that 4H<? has been paid for late contracts. There Is a good demand for wide goods nt <;*c for 89-Inch 68x72s for spot delivery, with 38H-lnch 04x64s rullhg strong at 7c flat tor delivery up to March regulars are selling tt 5Hc. THE LIVE STOCK MARKET. ts 42,WO. Market^ mixed 6.20; good ,U XHW.V., Csttle—Heoelpts 2S.0.U Market Atrongto 10c higher; beeves $**>06.50; cotrell.VWtf 1 : CHICAGO CAR LOT8. Tho receipts _of jrrsln ln csr jots t«l»] follows: TOO receipts or grain w car and estimated receipts for tomorrow sr* Today. Tomer. Wheat ..... Corn Oats Hogs, bead THE AMERICAN AUDIT COMPANY Home Office, 100 Broadway, Now Tork City. F. W. LAFRENTZ, 0. P. A., President. C. E. Mnnwaring, Vic* Pr**ident, Thao. Coeheu, Jr., C. P. A., Stc. ond Tr**n BRANCHES ATLANTA—Fourth Natl Bank Bid*. CHICAGO—srarquetto Bulldin*. PHILADELr-HA—Beltevue-Stratford- SAN FF.ANCISCO—Belden BulldinA . NEW YORK—Wildorf-Antorin. BOSTON—Exchange Building. WASHINGTON—Colorado Building. NEW ORLEANS—Hennen Bulldtnff. BALTIMORE—Fidelity Building. LONDON. ENGLAND—4 King Street. Cheaptlde. ATLANTA BRANCH 1015-18 Fourth National Bank Building. 0. B. BIDWELL, Resident Manager. Telephone, Main 872. Ctbl* Addre**. Amdlt, N. • FRANK HAWKINS, Prealdent. „ .... H. M. ATKINSON. Vlre l’rraMent. THOMAS C. ERWIN, Crahlrr. It. w. DYERS, Assistant C»*hl«- JOSEPH A. U'COHD. Vice-President Third National Bank Capital - - - - $200,000.00 . Surplus and Profits $400,000.00 DR. A. W. CALHOUN, MILTON DAKGAN. JOHN W. GRANT. II. Y. M't ORD. ALONZO RICHARDSON & CO. PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone, Main 853-