Newspaper Page Text
Later Turned Firm and Re
covered All the Early
Decline.
NEW YORK ACTIVE
Advance Started Early on
Aggressive Support by
the Bulls.
tide as a reault of the unfavorable weather
lo the Booth. Thta ncwa turned Liverpool
from a weak affair before our opening to
a firm market, with prlcea about aa dim
at the time the buying began here. Fob
lowing the call quotations here advanced
C avaral points farther, helped by agresslve
ull support.
The Liverpool market shortly after open
ing was worked up on buying from this
side, Induced by the very unfavorable
weather In the belt Katurday, the close
there being unchanged to % point lower
compared with last Thursday's finals.
Tha opening advance In the New York
market was lost by the noon hour on profit
taking sales. The trade la In a disposition
to await tha government report to be Issued
ou Monday, June 3, before making new
ventures.
Tba New York market for futures closed
barely ateady, net unchanged to 4 points
lower than Hsturda/'e finals. m „
Comparative receipts at all U. 8. portn^
Receipts Monday, ftf*y 27 9.654
Seme day last year 11.167
Decrease 1.513
Total receipts for two days 16.688
Same days last year 26.486
Decrease 9.791
Total receipts since Sept 1. 9.593,230
Same time last yaar
Estimated receipts for Tuesday
New Orleans l.fOO to JOOO 2.361
Galveston 2.500 to 3.000 3,607
Houston 2.600 to 2,900 8,878
-Movement- at Atlanta:
Receipts for Monday, May 27 none
Same day laat year 383
Shipments Monday, May 27 none
Decrease
Same day last year
Decrease
Stock on hand Monday, May 27..
Same day last yaar
Special to The Georgian.
<From Hayward, Vick ft Clark.)
New York. May 27.-J. H. Bacbe ft Co..
Liverpool was due t%&4% lower. Opened
steady 9 decline on near and 7 decline t on
6% lower on distant. Spots dull at 3 points
higher: middling, 7.13; sales 6.000. American
4.300: speculation And export, 300; imports,
16,000, Including 9,000 American.
Liverpool, after the holiday*, refuse* to
follow our advance, which Is but uatural.
The market Is manipulated ou this side, but
aome realising In evidence In Liverpool.
Spots firm, however, and this Is Important
from the trulls' point of view. We think
a reaction la natural and healthy and much
overdue, but we would not hesitate to advise
* irtng —
right away. It Is a buy for a big advance.
Journal of Commerce: "Big bears are
supposed to be trying to cover an extenelve
abort lotereat, and In the meantime they
naturally try to bold the market down.'
New York Commercial: "The return* for
the government’s June condition report le
now In, so that whatever the weather may
be after this will have no bearing on that
^oUowIng are 11 a. m. bids: July 11.14,
mtember 1L20, October 11.40, January 11.61.
New Orleans. Msy 27.—Ifaywsrd. Vick A
Clark: Liverpool advancing on bad weather
news. Expect an advance In our market
to buying on bad weather reports
unday and Indications of frost for the
north belt, but tbe map shows Indications
for fair weather generally tomorrow In the
central and western states: therefore It Is
probably ,
erable effect ou tbe market.
Heavy rains yesterday afternoon rroi
nstln to within ten mllea of San Antonh
. lelds flooded around Kylean and Sen Me
coa Water running over railroad tracka
Tupelo. Mlaa, May 17.—This section sin
ply flooded yesterday, which .means man
acres of land will have to* be abandonee,
some having been planted four tlmea Not
enough seed to replaut again. Laat r~‘~
makes tbe condition worst In rears. C
and threatening this morning. Rainfall \
" Inches.
Memphfa Tenn., May 27.—Report*
jat the crop la twenty days late,
•lanted to a Urge extent Wight decre
icreage. Stands as a whole unsatlal
. Temperature here at 7 a. m., 56.
Edited by
Joseph B. Lively
THE ATLANTA GEORGIAN AND NEWS.
MONDAY, MAY 27, 19<JT.
heavy In the other eastern states,
weather prevail* In the northern pc
of tbe belt Indications point to gee
clearing and fair weather except In t!
Untie states, where there will be more
rain.
8POT COTTON MARKET.
Atlanta—Steady; middling. 13%c.
S ew York—Steady: middling, 12.85c.
ew Orleans—Steady; middling. 12%c.
Galveston—Steady; middling, 12Vbc.
Savannah—Steady; middling, llfie.
Charleston—Steady; middling. llUe.
Wilmington—Steady: middling, ll%c.
Norfolk—Firm; middling. 13c.
Baltimore—Nominal; middling, 13c.
Augusta—Steady; middling. 1274c.
8t Louis—8teady; middling, 12%c.
TO DAY’S PORT RECEIPTS.
New Orleans. • .
Galveston. • . • ,
Mobile.
Barannsh. • • • .
Charleston. • . .
Wilmington. ...
Norfolk. . . . . .
Boston.
Philadelphia. « .
Pacific coast. • •
%
INTERIOR RECEIPTS.
B ouston •,
empbla
Augusta
SL*Louis ...
Cincinnati. . ,
Total.
6»1
8670
HAYWARD, VICK & CLARK’S
DAILY COTTON LETTER
New Orleans, May 27.—Futures Id Liver
pool up to 8 p. m. allowed the full decline
doe when newa of bod weather over Sun
day caused rapid recovery, _ Halna fell In
nearly all the cotton atavea during the past
48 hours. The precipitation was locally
is
vy In the central and eastern
northern and western portion were unsea
sonably low. Theta conditions caused much
bovine In tba first boor of today's sesalou
ana about 14 points advance In our market.
Indications point to generally clearing and
colder weather except In the Atlantic*,
where mors rain Is probable, to be followed
by fair weather Tuesday. This outlook for
aome days of fair weather checked the
advance, and them was good realising by
other longs on all spurts. But for the
circumstances that damage Is expected lu
the northern belt by low temperaturo,
long selling might have been more general.
Crop correspondence accumulated over Sun
day la of a very gloomy tenor, and tha
dltiona— that la, moderate
•for tbe n . _
wfiiha some time before tfie tra<¥e* baa
sufficient confidence In any change of con-
sequence for the better In tbe crop outlook,
and with tbe'certainty of a bullish bureau
bafon* us, people should not couut ou too
much setback to the markets.
New York. May 27.—J. S. Racho A Co.!
Liverpool, although weak til the early ses
sion. relied later ou New York buvlujr, and
at the time of our opening ruled slightly
above parity. Our opening waa firmer,
with demand coming principally from tho
Oouth. Tbe continued unsettled weather
Was the reason of tha advance, uud aborts
were not Inclined to hammer prlcea even
at this high level. In the face of bad crop
advices. Tbe bullish figures at tho week
end ateadled the near positions. Prices
were active In tbe first few minutes, with
* ** * 'or the
bad. wl
... bJrtlev.
occur another advance and a w
shorts before the bureau repot.
day. The *pot position continues un
changed. R ” * -
cotton mills.
ably of the Increased demam. ...
good*. We do not hesitate to advise pur
chases ou tba far months on all small
*°{fc
NEW YORK.
Tha following!! th* n
l turca In Naw York tods
tag! In cotton fa-
:
1
a
1
4
B
i
u
1
n
Slay
* June.. * # .
July.. • • .
* Aug.. • • .
Hcjit.. • • .
Oct. . . •
Nov.. . . .
Dec
Jnn
11.01
ii!o6
11.04
M.u
sui
iV.47
11.57
11.99
ibis
U.1
11.L
11.43
*1153
11.04
11.04
ii!66
lu
ll.'
ILL 7
'll! 37
11.60
11.09
ii*.o3
1L00
11.OH
11.28
ii'.87
11.50
10.96- li
10.96- 97
11.03-04
LL00-O2
11.08-09
I. 28-29
II, 31-32
I. 37-38
II. 60-51
11.00-02
10.97-99,
11.04- 00
11.04- 06
11.11-19
11.30
11.31-33
11.40-41
11.52-53
| Closed barely ateady,
— ■
COTTON CROP OVERTAKEN
BY A GREAT DI8ASTER.
The Chicago Journal of Finance, In reply
to telegrams sent out to leading htnkera of
the South, asking for information about
the condition of the cotton crop aa com
pared with a year ago. has received replies
which Indicate a great disaster has over
taken the cotton belt of the United States.
The cold, backward spring has caused the
poorest pro * —• ‘ **—
ofjbt yaar
The weather was too dry at planting time,
and then too cold and now too wet for
cultivation.
worst conditions are apparent In Ar-
cansas, Texas, Louisiana. Mississippi, Ala
bama, and Tennessee, where tbe crop Is re
ported from two to six weeks later than last
rear. In those states the ground la now
roul and water-soaked. The plant presents
i grassy appearance and Is overrun with
weeds and grata.
In Texas and Louisiana millions o]
weevil are In sight, but It Is too earl. —
much damage from this Insect as yet In
Mississippi cut worms and other cool weath
er Insects have been killing the delicate
young plants.
In Georgia and the Carollnaa reports are
unfavorable, but not nearly so much as In
the states farther west. The crop appears
to be about two weeks late and the average
condition* ire about 15 per ceut below laat
year.
The weather In tho southwest appears to
have been colder In May than In March.
Some of the bankers of the southwest e*
..mate that thta
mors than from
increase, aue caieny io mo mci tuat many
fields where the green bug had destroyed
wheat have been planted In cotton. Other
sections show decrease, but moat reports
show acreage about tba same.
ATLANTA MARKETS.
FRUIT AND PRODUCE.
EGOS—Active, 18c.
LIVE POULTRY-II.ns, Bctlve, 40c esch-.
llrkcns, ucllvc, 15033c Mch; duck., Pekin,
BV each; puddle 85c «acb: veew. full
feathered. 40c each; turkeys, dull
pound.
DRESSED POULTRY—Turkoys. undrawn,
actlra 14015a pound; frt.s, active, 25830c
pound: Lena, 14c pound.
PRODUCE—Lard 10011c pound; bama ac.
10c pouod: abouldera active 10011c
id; aldee active lie pound; butter active
’Ive, 26c pound;
po«a’V(Xb«, - Vctfm""ilftc U |»iind° B ^lilte
pea, active 82.50 bushel; Indy peua 13.58
Duehtl; atock IM602.lt buahef!
FBUIT8-Laiuone, _ fsnc/Mei
atock,' M.28C3.65; oran***!
Ida atock, owing to sis. and rendition
on arrival, per box, 1404.60. Florida hon
ey peacbea 8101 per crate. Grape
fruit, Florida atock, owing to alia and
color, per box 12.6003; llmea. Florida atock,
'; peunnta, In aacka averagltii
MOVEMENT 18 HEAVIER
ON 8TAPLE COTTON GOODS.
With every Indication praeent In tbe mar
ket to .bow that valnea ar* on a Bound buide
tuyere ar* making more generoua purebaae.
to cover tbelr fall requirement* lu cottons,
knit good, and llnea of bouaebold gooda.
EapecTally ou ample cottona la there a heav
ier movement for uierchandlae to I* deliv
ered during tbe early fall. Aa a general
proportion It ran lie Hated that Jobber,
ar. abort on .heettuae, brown eblrtlnca.
denim*, drill* and tickings- In every In-
•tasca where aeUera Have offered gooda of
par 100 81.60; peunnta. In aacka averaging
00 pound* each, owing to grade, per pound:
(Montes dried applee. MWlic: dried
.rhea, 1180c; prune*. 807Wc; cantaloupe,
.00 crate. Mrawberrlea. 15016c.
VEGETABLES—Yellow squnsh, 11.00100;
white .quash 8101.60 crate: cabbage, crate,
8c lb.; tnmatoea active, 13.0003.26; potatoea,
new, 1404.60 barrel; oulon*. I.uul*lana,
ter bushel; Egyptian, 4c pound; old
liotatoea active fl.160110 linahel; cel
ery, fancy. IS.6O04.OO crate; pepper* active,
$150 crate; okra, alx boskets, amall, 84.00;
the above deerrlptlon for delivery before
with ibe beavywefi
. . . . . business they bare
booked and are now turning tbelr attention
lo Ibe new eprlug llnea. The Import order*
for tbe Hue Knee of men'a aud women'* ho*,
are largo aud the Hale and Hue *111* good.
■ re .old more extou.lvely ou dret order,
thnn I'ofore in tbe hl.tory of the trade.
Manufacturer, are lu full control of the
knit good, attuatlon and are uamlug tbelr
own price... For Ibe aprlng of i»g woolen
Demand for Narrow Odde.
Taking the aalea of each day of the cur
•nt week on ur —*' ‘
prove to be large:
conceal tbla fact. For _SS^B
printers In New England are paylug 48-16
cents, tbe tame ae for regnlara. The supply
of spot goods In all narrow cloth* I* f*r Tie-
low present cello, end price* are con«e
qnently firm and working upward. Tho wide
conatrnrtloti goods In regular and blgb
counts are eelllug aa far ahead aa agents
care to commit their mllta.
l~ H. Fairchild. Eatabllahed 188$. 8. J. Whitt.
L. H. FAIRCHILD & COMPANY,
NEW ORLEAN8.
„ Members:
nEI 95.1*°^ 9. otu S Exchange, New York Coffee El change
2*.*— ;Afb Cotton Lxchange. New Orleans llnnrtl of Trade,
haw Orleans Block Exchange. Chicago Board of Trade.
_ LIVERPOOL COTTON ASSOCIATION.
„ w '™* to NEW YORK gad CHICAGO. Orders aelldted for future dellr-
“ 7 00 »b«» Exchange. Ji. c COTUUAN.
1 "j
MARKETS
Mr. Lively's twenty-five
years' experience of ed
iting markets In Atlanta
aod the 8outb has made
him a recognized au
thority In bis specialty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
NAME OF STOCK.
Coa*t Line. .
American Sugar ltef. .
Anaconda ..... .•
American Locomotive. «
do, prtferrsd . . ••
Am. Smelting lief. # • .
do, preferred . • .»
Atchison
do. preferred . . .. .
American Cotton Oil. # »
Am. Car Foundry . . • .
Baltimore St Ohio . . • .
Brooklyn Rapid Tran.# <
Canadian Pacific . . • •
Chicago aod Northw n. •
cmcago a Great w. • • • • •
Chicago, M., A Ht. P.. . . • .
Delaware A Hudson. • • • • •
Distiller'* Securities. « . . « »
tlaaourl Padflo -
SH
NAME OF STOCK.
N. Y„ Oat. A \V.
National Lead. . • • # ,
Northern Pacific. • . •
New York Central. , .
Norfolk ft Western., .
Pennsylvania. . . . , «
People’s Gax
Pressed Kteel Car, • .
do. preferred, • • .
Taclflo Mall.
Reading. .......
Republic Steel. . • # •
Rock Island. ......
do. prafarred. . . .
United titatea Rubber. ,
do. preferred, • • .
Southern Pacific, • , • ,
Southern Railway. ... ,
do. preferred. . • . .
Bloss-Sheffleld
Tenn. Coal ft Iron. • • ,
Texas ft Pacific. . • . • ,
Union Pacific. ......
United States Steel. • • .
do. preferred. , . . ,
Vs.-Csr. Chemical. • • • ,
do. preferred. . • • ,
Western Union
Wabash.
do, preferred
Wisconsin Central . ,
do. preferred . . ..
LIVERPOOL.
Tha following
range and close*
Futures opened
Opening
>w!ng figures give the opening
dose, compared with yesterday;
>pened easier.
May
May-Juna .
June-July .
July-Aug. .
Aug.-Sept,
8opt.-Oct. .
Oct.-Nov. .
Nov.-Dee. .
Dec.-Jan. •
Jan.-Feb. .
Feb.-March
Closed steady.
.. 6.62 6.62
.. 0.60-6.62 6.62
.. 6.60-6.52 6.62
.. 6.44-6.47K 6.46*4 6.52*
.. 0.33-0.36 0.41M
6.27H-6.29 6.28 6.86
.. 6.20-0.214 6.20% 6.28
,.6.18-6.19 ***
.. 6.15-6.1BM
.. 6.15-6.15*4
. 6.16
6.18
■ a Si
NEW ORLEANS.
Tbe following In tbn rang, to cotton to-
tnr.l In New Orlv.nn talny:
Special to The Georgtan.
( From UorwarS, Mck & Clark.)
New York. Jfay 27.-J. S. Beehe 4 <Xi
f.f.mlon >1 to % below parity. One ratber
Important failure In London. There aeema
io response to good news.
Tbe talk of gold exports was made more
of than the heavy Increase of wrpjua In
bank statement*, and bears sold the market
on the failure of the market to respond
to the statement , _ . .
The lower prices from London may lead
to further attacks on the market aud result
In some depression. Stocks are very cheap,
but the public do not come In.
Town Topics: Wo advise purchase of
good - railroad stocks and Amalgamated on
-— »t the opening today for good
,u.u» ...tee the excellent bank statement
and holiday breaking Into the week we do
not look for a particularly active market at
once or any movement of general Impor
tance. Louisville and Nashville and Atlautlc
Coast Line, Southern Pacific, Union Pacific.
Great Northern preferred and Northern 1 a-
clflc, Atchison and Baltimore and Ohio are
decidedly In the Investment class and should
be bought on all break*. . „ „
The beara have Erics, Southern Rallw
Steel common and New York Central
their control temporarily. Missouri, Kansas
and Texas nst earnings are Increasing at the
rate of 40 to 60 per cent The preferred !•
an excellent Investment
Cotton should be bought on reaction! for
New York Financial Bureau: Union Pa
cific Information continues favorable to pur
chases on reactions, with limits maintained
at 183 to 14a Reading held between 100 and
104 at present and seems to be a bear
target Smelting between 113 and 119. but
favor purchases on drops. Amalgamated
held between 87 and 90, Atchison 86 and
89, Brooklyn Rapid Tranalt 61 and 64. 8t.
Paul. Northern Pacific and Great Northern
R referred well bought for investment.
ortbern Pacific support around 124, New
York Central and Pennsylvania finding sup
port- at 2 to 3 point* decline. Steer suit-
ported around 31 Good support In South
ern Pacific on weaknesa. Professionals are
ojierating In stocks accordingly and will
May.. • ,
June.* • i
July.. • ,
Aug.. • 4
Sept.. . ,
Oct. • • .
Nov.. • .
Dec. . . .
Jnu. . . .
Closed i
I2.(e ’
i u
lL7i
11.74
12.X 12.M
1123-2SI
12.02
11.92-94
1L76-761
11.73- 76;
11.74- 751
[11.90-12
12.00
12.22-24
11.96 I
11.94-98
11.75- 76
1L7 .?
iLW-n
11.76- 77
NOTES ON GRAIN.
Pointers on Provisions.
Cblcego Record-tlereld: Export mle* of
corn from Cblcgo during tuo text forty-
Hgbt hours w.ra cstltu*tod Saturday by
th. target .hipping house, a. nearly
1.600,000 huehele. Including enter made to
dlatrlbutere, tbe eelea from b.rc In thl,
period were eeetly 8,000,000 buehets. All
of the export honsee were comlderebly
surprised yesterday to Hud that every
buebel offered abroad over night bad beeu
accepted, although prlcea bed been lowered
only e fraction In deference to the previous
day's decline. Meanwhile New England
and other eaateru atatee also accepted
everything offered. Tbe big demand from
abroad at tho good prlcea currant here la
meant that tbe ltonmanian and Austro-
Hungarian situation la not promising aa
regards the supply of feeding stuff. Tho
reporta Indicated that tbe forage supply.
Including pasturage, waa of a sort to pre
clude extensive Danublan export*. The
ord of expert, from Argentina for tbe
ir to date also Indicated llttl. relief from
it quarter, thui precipitating tbe corn
ed demand, on America. Argontlne ablp-
nt* nine. Jan. 1 have aggregated 6,721,000
bushel*, a* compared wttb 18,710,000 bushel*
"ft"’l* ^generally conceded now that tlw
winter wheat crop cannot exceed 325,000.000
bushels," said F. P. Frasier. "Tbe aprlng
wheat acreage I* fully 10 per cent abort of
last year, io that even If the yield per act
should be as good as In 1906 the crop wl
not cxiwed 217.000,000 bushel*. Th e la
totnl wheat crop of M!,000,060 hu*hcl». or *
shortage from laat year of nearly 200,W0,000
bushels. -From reliable advice, the Euro
pean crop* nre short over 200,000,000. Th!a
will make the world'* shortage over 4W.0W.-
000 bushels." One of the leading local
authorities makes tbe following estimate of
Rtmhela.
...150.000.001
... 60,000,000
... 60.000,000
... 70.000,000
... 60.000.000
... 30,000,000
WHEAT WAS EXCITED
AT
Was a General Rush to Buy
By All Classes of
Operators.
Chicsgo» Slay 27.—Wheat showed lesn life
tnd less breadth todny, yet fluctuations
were wide. The market closed higher
f«L tha day. The tact that Liverpool ctuue
up. Oats were up to un
changed. Provisions unsettled.
Cash transactions hero were 30,000 bushels
whent. 60,000 bushels corn aud 100,000 bush-
CHICAGO GRAIN MARKET.
United States
Russia
Austria-Hungary
Germany
Uouroanls and Bulgaria
Sundry
Totl| | 400.000.0UO
ArgentVne 'wcckly cable nay* th. wheat
market I, dnu with n good demand. Ar-
rival* from the Interior are liberal. The
weather la favorable and .owing of wheat
In the north le pweeecllng snf sfnctorlly.
Tho corn market I. very Arm. with a good
demand, with freer offerings
Privet* cable ranort* from London raid
crop advices from Rusal* were coming very
lind. and that continental market* were
taking oil offera of whent cargoes off coeat.
Report* from 200 western banker, to an
eaetem trade Journal P>«e«
wheat pr«»i>ect at 60 to 60 per cent of su
arena* crop. Good reports were made as
to Nebraska, end the pnrlona rerorts of
losses In Illinois. Indiana and Ohio were
nlcd aa much exag^erat.l.
'Rnn i* Br«n *b*a”miil aatnpln of
whent from \ve«ttnor*iand county, P*nn-
grlvanla. Infested thickly by the green bng.
Hnmmcrlleld conntr. Msnrland a *.. renorl-
ed xrcen bugs plentiful. Updlko Gnilo
Compnny of Omaha had wheat sample,
fromiUrvsrd, Neb., shewing wheat Btalks
literally alive with the bugs.
crate; lettuce, headed, tcttrii, ROO02.OO per
crate kraut, half barr.L8JJ6; bean., round
green. 82.60 erst.: wsx, ll.2S01.6O erst.; ne
paragus, 1602JC 2-pouml bnuches; English
>eaa. 81.75 crate; cucumber., 82.50 crate;
leets, 83 crate.
GROCERIES.
RICE—Jap 50(Hc; head <07c; fancy bead
6^007. according to tbe grade.
CHEESE—Fancy full cream dairy 17V4e;
'"'iHIAll^Btandard Rrenulated. C^c; New
York reflnetl. 4*4e; idsutatlan, 6e.
COFFEE—hoasted Arbueklei 816; bulk In
iaga and barrels 12c; green 11012c.
Shredded biscuit 85 case; No. 2 rolled oata
83.‘.’5 case; sack grits, 06-pound lings, 81.85;
oyster*, full weight. 82 case; light weight
81.10 caaa; evaporated applet JHc_pound:
pepper 18c pound: baking powder 85 caae;
re.1 salmon 85 case; nlok salmon 84.85 caaa;
cocoa 40c; chocolate 33c; snuff, 1-pound Jars,
48c; roaat beef 82 60 caae; corned beef 82.6o
case; catsup 81.96 esse; sirup. New
“ illoo: “ - - -
leans, 35c
com 26e gallon; Cuba
jc gallon; — .
35c gallon: Georgia cane 36c gallon: salt.
lOO pound, 56c; asi. grease 81.75; soda crack
er* 6tsc pound; lemon 7c; oyater 7c; bar
rel candv. |wr pound. 6V4c; mixed, per
pound. 64c; lomatoea, 2-pound, 81.96 eaa.;
s-imund, 12.25; navy henna. 82-40: Lima bean*
6e; heat matehe*. per groaa. 11.65; macaroni,
6407c pound; sardlnea, mustard. 83.25 cate:
potithh. 83.20W3.86 case- pennuta. 8e; rope,
4-ply cotton. 18c; soap, 81.6004 caaa
PROVISIONS.
PRO VISIONS--Supreme baus, 13e; tiel-
26025 pounds average. 104; fat
K.124; Supreme lard. 164; Purity
nt, 84: California hams, 10c; dry
for today follow.
Previous
Op«n. Illgh. Low. Close. Clos.
094
1004
1054 1024 103
544
534
534
614
WHEAT—
May .. 100
July .. 101
Sept. .. 102
llec. .. 103
CORN-
May ... 554
July ... 54
Sept. .. 644
ltec. .. 62
OATS-
May 49 43
July ... 484 49 48
49 * 38,4
Mny
July ...16.40 16.52% 16.40
8V £ar * 18,62% 16,65
Mny '
July ... 8.97% 9.10 8.97*4
9.22% 9.10
May
July ... 8.75 8.80 8.75
Sept. .. 8.874 8.96 8.874
OU
63%
61%
48%
m
39%
WEATHER REPORT.
WEATHER CONDITIONS.
The storm area that vran centered near
Omaha Saturday morning has moved no
oaxt and Is now central near Buffalo, ...
Y. As a result of this storm area rains
have been general over the state* oast of
tbe Mlnalsalppl In the lsit 24 hours.
Following lu the rear of the low area la
an extennlva areu of high presaure, accora-
R anled by clear weather aud unseasonably
>w temperatures. Frost occurred this
morning at a number of stations In the
west and northwest, heavy at Bismarck, N.
D., Huron, 8. I)., North Platte, Nebr., and
light nt Kansas City, Omaha, Davenport,
aud 8t. Paul. *
Tbe eastward movement of the western
higher ares will be favorable for fair weath
er In this section tonight sud Tuesday;
colder toulght.
COTTON REGION BULLETIN.
STATIONS
ATLANTA
DISTRICT.
16.36
16.42%
10.57%
9.00
9.07*4
9.22%
ii;
16.40
16.60
16.70
8.96
9.02%
.9.15
8.76
8.77*
8.92*
LIVERPOOL GRAIN.
Wheat opened % lower, and at 1:10 p. m.
1% lower, llosed %Q% lower.
.torn opened unchanged, sud at 1:30 p. n
%©% lower., Cloaed uuchauged to % hlghe
VISIBLE SUPPLY OF~ORAIN.
t YJSSu* w heat shows decrease of
196.001) bushels. Corn decreuae 1.406,000 bush
els. Oats lucreaso 642,000 bushels.
LIVE 8T0CK MARKET.
20; good to ehotca heavy, 8a.O60g.la.
Cattle—Receipt*. 25,000. Mnrket »teady;
H 25 ®?- 60 : cow. 81^004.80; heifer*,
82.6006.40; calves, 84.5000.75; guotl prime
steers, 85.4600.50; poor to mrdlnm. 84.300
5.40; stockera and /eedora, 82.0005.2
•’P-Re^JPta. 18.000. Market
, 84.5000.36; western, 34.504 '
30.100*71); lambs, 80.2508.0
steady;
40; year-
westeru,
NAVAL STORES.
Special to The Georgian.
Buvannnh. May 27.—Turpentine firm nt
tale*. 384: receipts, 691.
Boalu firm; aalea L342: receipts, 1,427;
Nf St« r 85 W 55 h h: fiSi
U8ae '- 85: e> Hfo « 4 T5:
THE SUGAR MARkIt.
w York. May 27.-The domestic rellncd
and local raw sugar markets steady and
unchnugcd. London beet eugnr mnrket
‘ udy, with May uud June unchanged nt
CHICAGO CAR LOTS.
The receipts of
. . grain Id car lots today
aud estlmuted receipt! for tomorrow are ae
tollowa:
Today. Tomor
''beat 31 54
y»rn 241 474
Oats 155 3)0
Hogs, head 60000 18000
FLOUR AND GRAIN.
FLOFR—lll*hc*t patent. 15.66: best pat
ent. 85.40; standard patent. 84 75; half pat-
cut. 84.50; spring wheat patent 86.
CORN—No. 2 white. 7»c; choice white. 81c;
white feed, 78e; No. 2 yellow. 78e; mixed.
76r: eracke.1 corn, per bushel, 76c; liulle, 811
CHICKEN FEED—Fifty-pound aacka 80s;
Furtqa chick feed, 8100; Victor feed, 81.35;
brand feel. 81.80.
OATS—No. 2 white, COe: No. 2 mixed, 59c;
Gulden oats. 60c; white clipped, etc.
MEAL—l'laln. per 96-ponnd sacks, 74c: 48-
, mnd sacks, 76c; plain, 20-ponud sacks, 77c;
1 germ fl.28
HAY— 1 Timothy, choice large hales. 81.35;
do. choice email bnlca, 81.35; N<>. I. one-
I 'hlrd bales. 81.25; No. 2, one-third baleig
, *1.25; No. 1 clover. lulled. 51.25; ehohe
i prairie 81.00; llcnumtn. II. 10.
SHORTS—Choice wolte 81.15: Texn while
I 81.35; fancy. SO pound, 81.50; brown, to to 100
pounds, fix.
THE METAL MARKET.
New York. May 27.-At tbe metal ex-
.'Imaged.
Atlanta, cloudy. , . .
-Chattnnooga, cloudy.
Columbus, pt. cloudy.
Gainesville, cloudy,...
:
•Macon, clear. . , , .
Montlcello. clear. • , .
Newnau, clear. . . , .
Rome, nt. cloudy
Kpnrtanburg, cloudy. .
•^Tallapoosa, cloudy..
Toccoa, cloudy
Wcat Point, cloudy...
“TS1HT 1 “
.rf
ill
ill
THE COFFEE MARKET.
New York, May 27.—Following are coffee
cables:
Havre, 10 a. m.—Market ateady; 12 noon,
unchanged; sales, 12,000.
Hamburg, 10 a. m.—Market unchanged to
% pfennig decline: sales, 12,000.
Rio receipts. 7,000; stocks, 907,000; market
dull; shipment* to United States, 1.000;
clearances to United States. 3.000. Total,
6.000. Clearances to Cape, 3,000; shipments
to United States. 8.000; Europe, 4,000.
Recelpta at Sontos, 44,000; 8no Paulo,
34.200; Jundlahy receipts, 32,000; stocks,
2,397,000; market quiet.
8antos clearances to the United States,
45,000: Europe to Germany, 60.000. Total,
178.000; shipments to the United States,
45.000; Europe, 219,000.
The following flgui _
range aud close lu tbe
January..
February .
March .. •
April .. ..
Mny .. .. ,
June .. ••
July
August .. c
September .
October ..
November
December -
Close steady; sales, 40,000 1
Initial Prices Showed Many
' Sharp Losses in
Active List.
LONDON WAS LOWER.
Was the Main Factor for the
Decline in the Ear
ly Trading.
ket for the Am two hourn of bushms.
today was practically demoralized et
cept on the famous March 14, and om
or two occasions subsequently
lower than at any time this year Tl «
decline today, moreover, was notab *
In a way more than at any previous
stage of the season because it cam,
upon the lowest level that prlcea have
so far reached. The general average at
Saturday's close was below all previous
low points yet on top of this there
was a further drop this morning of
from 3 to 5 per cent in the active
shares. To look for any explanation In
the day s outside causeB would bo fu.
tile. The great factor In tho market,
as It has been for some time nash
was extremely heavy sales In the na
ture of forced liquidation for the ac.
count of hard-pressed financial Inter-
ests. It was the mystery concerning
tho Identity of sellers and the Imnos-
nihility of forecasting how much fur-
ther this liquidation would have to go
whlfch were the unsettling inlluenccs In
the dealings. At midday the force of
the selling had diminished slightly, but
there was no recovery to speak of.
MINING STOCKS.
Iloston. May 27.—Opening stock*: North
Butte, 85; Mohatvk, 84; Copper Range, sou-
Callfornla-Arlsona, 167: Arcncilnn, 6; Shah!
non, 18K; Butte Coalition, 25; Isle Royal
THE LONDON STOCK MARKET.
STOCKS—
JOpn
2 pm Clos
COTTON SEED OIL.
th. New York cotton ae«r oil market:
Opening. Close.
May 68
July .. .. „ „ ,. .. „ 67)
September —
October .. „ «- —
November M ».
, J® temperature for the 12-hour »-
rl 2?n eod . ,n €, ® thl* date. “
••Received too late. Not Included lu aver-
CENTRAL
STATION.
Charleston. . ,
Galvestou. . .
Memphis. . . ,
Montgomery. ,
New Orleans;,
Savannah. .
Vicksburg. . ,
Wilmington. ,
DISTRICT AVERAGES.
Uf
13
Temperature.
T. Indicates Insp
yesterday. ••For 2
76tb meridian time.
Remarks.
Temperatures over the district are slightly
lower than yesterday. Precipitation has
been general throughout the eutlre district.
J. B. MAltBUKY,
Section Director.
WEATHER IN COTTON BELT.
Texaor—Fort Worth, clear and warm; no
rain. Temple and Austin, clear and pleas-
ant. 8au Antonio, cloudy and cool. Taylor,
cloudy; light rain yesterday. Houston,
lairtly. cloudy and cold; nortberu wind
.flowing; temperature, 50. Rrenhatn, cloudy;
rained last night. Galveston, partly
cloudy: ruined last night.
Mississippi—Jackson, cloudy and cool;
hard wind and rain yesterday. Ilnslehurst,
cloudy and cool; rained yesterday ami Inst
night. Tupelo, cloudy and cool; rained Inst
night. Greenwood, clear and cool; hard
wind storm lust night. Natchez, clear;
ruined hard nil night. Vicksburg, clear and
pleasant; hard rain Inst night.
I^tulslnnn—I^ike ('harles, clear and warm.
Alexandria, partly cloudy and cool: terrific
rain, accompanied by wind and hall. last
‘ t. Opelousas, cloudy and idensant; hard
- and wind storm last night. Monroe.
clear and pleasant; mined bard nil day
esterdny. Shreveport, clear Slid pleasaut;
ight rain lust night.
Alabama—Huntsville, cloudy and cool;
been raining since 8sturdily noon. Flor-
?uce, partly cloudy and cool; hard rain nil
resteniay. Selum, rain and wfud storm
nst night.
South Carolina—Columbia, partly clomly
and cool.
North <’nrolIna--Chnrlotte, cloudv and
hi!; showers since Saturday nffermion.
Georgia—Atlanta, cloudy atnl warm; hard
rain yesterday afternoon. Augusta, clear
anti warm; hard ruin yesterduy uml last
night.
Tennessee— Memphis, partly cloudy and
cool; rallied last night.
STATE FORECASTS.
MONEY AND EXCHANGE.
New York. May 27.—Money on call
11-202; time loans, 60 days 3 3-4; 90
days 3 3-404; six months 41-204 3-4.
Posted rates; Sterling; exchange
14.84 1-204.87 1-2, with actual business
In bankers' bills at 84.867004.8675 for
demand and 84.835004.8360 for 60-day
bills.
Prime mercantile paper unchanged
at ;6 1-205 7-8.
London bar silver firm, l-8d up at
31d. New York bar sliver 67 l-4c.
Mexican dollars 62c.
west winds.
Virginia—Partly cloudy Monday;
showers In southeast portion. Tues
day fair, cooler In south portion; fresh
southwest to northwest winds.
North Carolina—Partly cloudy Mon
day, possibly local showers; cooler In
extreme west portion. Tuesday fair,
cooler; fresh southwest to northwest
winds.
South Carolina—Showers Monday.
Tuesday fair, light to fresh southwest
to northwest winds.
East Florida—Showers Monday and
probably Tuesday; cooler Monday In
northwest portion; fresh winds, mostly
south.
Alabama—Generally fair Monday and
Tuesday, except showers Monday on
the coast; warmer In the Interior; fresh
northwest to north winds.
'Vest Virginia—Showers Mondny.
Tuesday fair; fresh northwest to north
winds.
Mississippi and Louisiana—Fair
Monday and Tuesday, except showers
Monday on the coast; cooler Monday;
fresh north wind*.
Anaconda.. .. ........ ..
Atchison
do. preferred ....
Baltimore and Ohio.. ., .. .
Chesapeake and Ohio
Chicago and Great Western..
Canadian Pacific
Erie
do. preferred ., ,.
Illinois Central
Kansas and Texas—. •• .. ..
do. preferred
Louisville and Nashville.. ..
Mexican Central
Norfolk and Western.. — —
New York Central.. .. —. ..
Ontario nnd Western.. .,
Pennsylvania..
Philadelphia and Reading....
Rock Island
8,'mithern Pacific ,.
Southern Rnllway
do. preferred ..
St. Paul
Union Pacific mm.. ••
United States Steel
33%
1
13fVl36»i
317m)
63%
111% 111%
109% 109%
33%'
119 1119
101*4101
is%
77% 76%
18%.
57%.
17% 126% 126%
stem
L. H. FAIRCHILD £ CO.’S
WEEKLY COTTON LETTER.
Npw Orleans,, .May 27.—Under ordinary
conditions we wbnld consider the present
prices of fall months os high for this sen
of the yenr, but we do not believe
shonld base conclusions this yenr on what
has happened In tbe past Conditions In cot*
ton trade have changed rapidly. Consump
tion of cotton baa Increased on n tremen
dous ocale, the price of dry goods has been
put on a higher basis, and the cost of mak
ing a cotton crop haa Increased at a rate out
of proportion with the Increase of uew cot
ton.
Notwithstanding the fact that we have
had several large cotton cropa In succession.
It Is nppareut to those who keep In touch
with tho statistical position of cotton that
there will be hardly a bale of desirable rot-
ton by the end of tbe summer, nnd should
the growing crop prove under tho average,
widen seems very probable, uo one could
predict Just what prices would prevail later
Jsts Insist that conditlona are the
•orst ever known nt this season of the
yenr. No doubt reporta are greatly e ‘
1 In numerous Instances, but we
v........^cd that perfect weather from
on will l»e absolutely necessary to mats
ren nn overage crop.
Considering tne fact that there were sev
eral European holidays last week, we con
sider the weekly figures as bullish, espe
cially the spinners' takings, which showed
compared with 194,000 last year and
192.000 yenr before last.
The government report on acreage
conditions coming ont on June 4 will proba
bly be extremely bullish, and this, with
the strong statistical position of cotton the
world over, convinces us that It Is danger*
on* to go short of cotton, even on bulges,
and we continue to favor purchases ou any
moderate reaction.
New York. Boston. Chicago. Washington.
Baltimore. Atlanta. New Orleans. 8an Francisco.
Philadelphia.
London.
Georgia—Showers Monday; Tuesday
I fair; light to fresh southwest to north-
HAYWARD, VICK & CLARK,
COTTON, 8T0CKS, BONDS, COFFEE, GRAIN AND PROVISIONS.
Carond.let and Gravl.r St*. New Orlaan*.
MEMBERS:
I New Orleans Future Brokers' ASMcistls*
N.w Urlran* and Chtricu Boards of Trade
N*w York loff*. Excbnncc.
Associate klrmhdr* [Jverpoot Cottsa ia*
ftew Orlran* Cotton Exchacc*.
K*w York Cottoa t'xrhaax*.
Galveston Cottoa Firhiax—
Uoustoa Cottoa exchange.
i. B. I
■ACHE A CO.^ANd'baRTLETT’^f'r^^i'er'IL*’CARRINGT08L
Ths Atnericah Audit Company,
100 Broadway, New York City.
F. W. LAFRENTZ, C. P. A., Pre«. G. E. MANWARING, Vice Prefc
THEO COCHEU, JR., Secretary.
The American Audit Company, chartered under tho laws of New York,
is empowered to examine the affairs of, and mako reports upon the finan
cial condition of private and public concerns for director*, officers and In
dividuals. Tho preparation and Installing of systems a specialty.
ATLANTA BRANCH, 1015-1016-J017-1018 FOURTH NATL BANK BLDfl.
C. B. BIDWELL, Resident Manager.
Telephone, Main 872. Cable Address Amdlt, New York.
FRANK HA'VKINS, President.
II. M. ATKINSON. Vice-President. THOMAS C. ERWIN. Cashier.
JOSEPH A. U'CORD, Vice-President U. W. UYEU8. Assistant Cashier.
Third National Bank
Capital - - - - $200,000.00
Surplus and Profits $400,000.00
DR. A. W. CALHOUN.
MILTON DAllGAN,
JOHN W. GRANT.
II. Y. M’COltD,
FRANK HAWKINS.
J. H. NUNN ALLY,
J. CARROLL PAYNE,
ALONZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
Cmplre Building. Sell Phone, Main 853*
ATLANTA. GEORGIA*