Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, May 28, 1907, Image 10

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TTEflDAY, MAY M. 1W7. THE ATLANTA GEORGIAN AND NEWS. TRADE IN FUTURES ACM AT START Business More Along Pro fessional Lines Thau on Tuesday. CLAIM GOOD WEATHER Opened Lower and Recov ered, But Again, Sharp ly Declined. ' * New York, May 28.—Trade at the openlnj of the local cotton market waa actlre, bu more along profeaaional llnea than ysater day* and at f o'clock all the positions were cr In the Booth baa tnaplred caution In commlaalon house circle*. After the call the Hat gradually harden* | last night's close. The Liverpool tnnrkrt opened Tnc*day morning sharply lower than doe. Tbe close was quiet 6ft to 9 points lower. It was due 6ft to I down. The following Is the range In the active months In Liverpool todays^HHH ** Open. January.February ....6.13ft M«.v-June M „ July-An gnat 6.46 6.47 October-November ....6.20 6.24 Spot was In poor demand at 5 points low er: middling, TM\ aalea, 4.000 bales. New York waa active at the opening, with prices S to 6 points lower In re*|M>nae to the unexpected weakness In Liverpool. Opening prices were the lowest during tbo morning. The weather la unfavorable. The tendeucy waa downward after mid day, and at 2 o'clock al Itlie positions were NEWS AND GOSSIP of the Fleecy Staple. Special to The Georgian. (From Hayward, VlcV A Clark.) _ New York, May 28.—J. 8. Bache A Co.: Liverpool • was due 6ft6* lower. Opened easy :>ftQ7ft lower - on near and 7ftfi» low* er on distant. At 12:15 p. in., eaay, net 8^ 10 lower on near and 76Sft lower on distant. Spots dull 5 points lower; middling 7.08 sales 4,000; American 8.800; speculation Ion and High Low. fi OI A l"n IHrilllR. HUl 11 HU* him HUl'l, dose lielng steady net 6 to 11 points lower. C Comparative receipts at sll U. B. porta: Net receipts Tuesday lo.'/'-O . Same day last year W.tt5 Deereiie t Total recel ' Same days Decrease Total receipt* since Heptember 1..;.9.603,110 Bime time last year 7.462.668 Increase 2,150,647 Estimated receipt* Wednesday: New Orleans !° 1*522 5‘522 Galveston 1.600 to 2,000 2.484 Houston 1,600 to 1,900 2,294 Movement at Atlanta; ^ Receipts Tuesday, May 28 hone Bams day last year 97 Decrease 97 fehipments Tuesday, May 28 .... 267 Fame day last year : 211 Increase ... 46 Stock on hand Tuesday, May tf....... 5.851 Same day last year 4.622 Increase 1.229 SPOT COTTON MARKET. Liverpool, easier; middling uplands 7.08. Atlanta, quiet; middling 12ft. New York, steady; middling 12.25. New Oceans, quiet; middling 12ft. Port receipts today estimated at against 16,725 last year. The long looked-ror reaction In cotton fu tures Is here. Liverpool selling and New York manipulation has Induced some li quidation. when this run* Ita course, tbs market will turn for t!ie better. Would bu/ on this break. Weather continues bad, cold and raw. Do not see bow • decline ...., ..lih little for sale. Hard to gauge for the day, but It Is a buy to keep. . _ Following are 11 a. id. bias: July 16.99; September 11.02; October 11.24; January A - Ca rpentsr-Baggot broker cams In with selling orders and cro from him.. Dick Bros, estimate the condition St 78, and acreage Increase at .5, It Is bearish, and "acreage Increase at 4.6. It Is bearish, though New Orleans sold on Jt at first. New Orleans a big seller of cotton here. Market acts a bit tired, and there Is in. elf nation here to hammer, but would itlll * iiy It on soft sputa . _ _ ... Howard Wilson selling market otf. Not ueh demand. * Local trader* went abort this morning, id are getting nerrotf* now. It will close higher unless the Wall afreet crowd soils heavily again tbla afternoon. -Tew Orleans, May 28.—Hayward, VI _ Clark: Tbs market opened about ( changed. Buying on the cold weather pi rents a decline, but the feeling Is Intfast by tbs selling by leading people In N« Exjiect* the^market wld be. bought - todi „a damage by cold weather and. expect tlon of bullish weekly Weather report • Tajnlng all over Oklahoma and IndL rrltory. * l MONDAY’S MARKET HELD CLOSE TO SAFE NARROW COURSE New Orleans, May 28.—Tbs Tim* ‘Yeaterday's cotton market b ernt: to tbi Met; middling 1 vfssaaA- Norfolk, firm; -Baltimore, nominal. Hnimnu» «v. Boston, steady; middling 12.85. TODAY’S PORT RECEIPTS. The following la We shows receipts at tbs New Orleans. Halreston. • • Mobile Savannah. • , Charleston. . . Wilmington. . Norfolk. . • . . New York. . . Boston Philadelphia. . Pensacola. . , . Various. . . . Tot,!- 2364 ‘IS *18 INTERIOR RECEIPTS. The following table shows receipt* nt the Interior downs today, compared with the Mme *day last yrat: t Houston. . Augusta. . , Memphis. . Total SI I HAYV/ARP. VICK & CLARK'S DAILY COTTON LETTER. during the p*,t twenty-four hour, were •■•In unfavorable, not on ureonnt of mine, wbtrb were confined to Te«*» ami the tarri- torlei and were raoetly light, but owing to low temperaturea throughout tbe bait, ner- . eral |.'lute In the northern- and eaatarn •tatea reported In the neighborhood of 40 drgreea, aome hrlow, which uiuat be harm ful to youag cotton. Owing to tbeae condition, onr market paid no attention to the decline In Liver- tral and weateru amtea. Fair but cold weather prevailed In the eaalern half of the belt. Indlrattoua are for continued fair or partly elnudy and warmer weather.' The pubtle spirit ta strongly- In favor of cottou. - Nevertheless upturna In the market today were ahort-llred. and Near York •bowed by Ita action that powerful Inter eata are opposing au advance. The market tntereat for outride account li itrong In an- --Ipatlon of a bulllah human report, but ratty anlld ground owing to protective margin cults which Increased with the ad vance. The market may be held down for a while, owing to abaence of proper profea- , atonal aaalatance, hut In the face of contin ued unfavorable weather there can not he much depression, and all reaerve might he overcome one of thcae daya If the weather doea not aoon Improve very materially. New York, Nay 28.—J. 8. Barhe 4k Co.; Some liquidation In Liverpool and-oetllng by New York brought lower prlcee abroad thl, morning. On the opening decline there waa an accumulation of baying ordera which brought an advance In the fur month! of MSI point.. Late prices ruled quiet, and there waa a disposition to awnlt the weekly weather report. Thle report was partly bulllah.' but, lu many state., pleasant weather prevailed, and the room crowd put a bearish Interpretation on lie report, and sold October and UecemlHC tnry and OkL peratures much lower. We etltl feel bullish and would buy without any hcaltutlon ou thla decline. cause the big operators were not support lug tbe staple,-and also because, In the ah nence of aueb aupport. leaser llgbta In tbe high price. Armament feared the loneliness, of their situation. Helling waa In peralatent evidence all day. Liverpool waa rather bad gt the opmtlni • - • . . . . Tails protested rl ..^W sertlon by n Oeorgla aiponent of crop weather to the effect that conditions In the lone Star State were encouraging. Crop advices generally Indicate aome little abatement of pessimism In the Interior. Port receipts alnee Friday aggregate only 16,688 biles, of which 5,666 were export clearance! to Japan. * naalcally, the altoa- tlon has undergone no potential change for the better, though.the gttltude of opinion ,ng. operators may bare altered th« ,lcnl position of the market somewhat, late relation# of anpply and demand will ngnln attract a full measure of, at terttlon. and It Is well within the possible that the coining huregu report by the gov ernment will cnifbentrnte Interest In very ewlft order.”—Hayward, Vick & Clark. GOVERNMENT WEEKLY REPORT ON WEATHER. ' Georgia—Pair qnd pleasant weather pre- vnllcd most of tbe week. The temperature waa below normal. There Waa conslderablfl oloudlnesa with showers from tho 24tb .to the 26th, but the rainfall waa.below.normal except In the eaalern portion. Tbe sunshine was above fhe average for the season. Uiulslann— nortni ‘ with _ reported fwi -. __ •ml southern parishes on the !4th. The preelpltatton was much abate normal. Tho BimUliInc waa normal In tbo north portion, hut below normal In the southern portion. ‘ Mississippi—Tho weather waa generally favorable. Tho first four days wore- fair with muoh sunshine, tho last three mostly cloudy with muderute showers. The raltie were fairly well distributed except over p few small areas, where heavy rains fell. The Scan temperature wua slightly below Alabama—Tbe daya were quite warm, lint • -tt:-:. l ■ ■ — NEW YORK. J. The following la tbe rouge In cotton fu tures In New York today: 1 ’ ' t 1 i 'S: •i\ 1 Is oftd STT; July.. ... . Aug dept Oct. . . . . No r live Jau IMi iois 1 ‘ • *7 U.'C, IUj n g 11.33 11.45 10,94 111 06 11.'-2 11.19 1L3$ MM 11.40 11.51 10.90 is! 20.96 11 It itg 11.25 11.35 10.93)10.^1-92 10.88-96 10,99 10.9S-99 10.92 10.91*92 10.99-10.97-99 11.21111.20-21 11.28 11.22-24 11.3011.30-32 11.431L 42-43 l'* •*■■7 11.03-04 11.00-02 21.08-09 11.28-29 11.31-32 11.37-38 1L60-61 •Closed steady. tern Inches In the weabcentral counties. Elsewhere It waa below normal. The arnouut of sunshine was normal. Teisa—There were numcrona heavy show ers and much cloudiness over the.eastern half of tho state, delaying farm work aev. eral days. Thunder atorms. aome with hull and high winds, occurred on sovernl dntoa and deatmctlve local storms or tornado character occurred in Vnn Himilt end Itnlns eountlea on the 2Sth. Generally deor weath er with Httle. or no rain prevailed In the weateru and northwestern counties. The temperature was nearly normal, but the week closed with cool weather. North Curelliin-Tho mcun temperature was about 2 degrees 'below the nornml. Tuesday and Wednesday were ispecially cool and freeslng temperatures were re- ported on the latter day In many places. The precipitation waa considerably below normal, and more rein la now needed In western districts. Sunshine waa abundant. Oklahoma and Indian Territory—Tho fore part of the week waa warm, clear, and fa vorable. The latter part waa cool and geu- -loudy with heavy to excessive ruins southern and western portions and light rains In tba northeastern. The mean temperature waa nearly normal. The 8th was unseasonably cold, but no frost wnt reported. The sunshine was above normnl. South Carolina—The week waa clear until Saturday, hot the last two daya were cloudy with frouueut showers. Tba rainfall was heaviest In tho Savannah valley counties and tvaa generally halow norma I i elsewhere. u temperature waa allghtly below The sunshine was eacesslye, al though highly beneficial. Tennessee—The mean temperature waa •Ughtly belmv uortual, with unusually dow morning temperature on Tuesday and Wednesday, but from Thursday to Haturduy the week waa warm. Showers occurred on the last three daya, but they were gener ally light, and. rain Is needed hi eastern counties. There were three clear daya. Conditions ware generally favorable. Arkansas Mean temperature was slightly Itclow normal and tbe laat day waa un usually cooL During the latter part of the week there were scattered showera and to- rally excessive rains fell In the southern and eastern port Iona Friday. The rainfall was above normal except In tbe extreme north portion. Tbe sunshine wua nearly normal and the weather waa generally ftt Florida—The temperature was nearly nor. mat. The warmest weather waa on the si., nn.i sen, Heattered shower* occurred 23d to the 26th, falling mostly lu ATLANTA MARKETS. riitun-nrinr. iw. # - LIVE POI’I.TBY—Hena, active. 40e each; chickens, active, lHjXc each; ducks, 1‘eklu, 30c each; paddle 25c each; geese, full feathered, 40c each: turkeys, dull 1216c P 1jKE88ED POIjl.TKY—Turkeys, undrawn, aetlte 14015c pound; fries, active, 25630c pound: bent. Me pound. PRO PUCK—Lera lOGllc pound: ham* to- tlT# 16c pound; shoulders actlre loeile pound; aides active 11c pound; butter active 50fc22ftc pound; tieeewsx sctlve, 26c |>aund; * . bright, actlre 10c pound; honey. In Edited by Joseph B. lively MARKETS Urely's twenty*flTs pears' experience of ed* Itlng markets In Atlanta and tbe South has mads him a recognized au thority to bis specialty. RANGE OF NEW YORK STOCKS AND, COTTON MARKETS LIVERPOOL. NEW ORLEANS. r Tlio following !h the rang© In cotton fu- tures In‘New Orleans today: Open. High. 3.|aa| c a Muy.. . . .112.02112.02 Jfine..i, ...... July 112.25:13.27 AU*.. , .». .t.—1.._. ■ : iuoii'M ! nee.".'. ■. .' ii.7»iL77 Jan. . . .ln.74lU.7S 11.88111.88111.88-89 ..d.. ..... 11.98 12.09 12.18 12.18-19 11.90 11.85 . 11.60 11.72 U.72 ...7. ..... 11.68-70 11.5711.67lC«7-68 1L5911.70 lliTO-72 11.95 12.00 12.25-28 12.02 11.92-94 11.75-78 11.73*76 11.71*72 11.74-76 Closed very atoady. NOTES QN GRAIN. Pointers' on Provisions Special to The Georgian, (From Hayward. Vlclc & Clark.) Chicago, May :s.—Bartlett. Frailer 4 Car rington: 1 Relieve wheat a purchaso on nil soft spot*. Itocelpts of corn promise to Increase con. stdorably, and It will tnke continued ensh demand to hold the market. Look for lighter receipts of oats from now .1, but with springlike weather the dc- 'erred futures may aell off some further. Dellere eventually, how.ever, that they will work to higher price*. ... •Woold prefer to buy provlglons on nny ... day) Chicago board of trade-will’close. ■ Chicago Ilecord-Heraldi Patrick Cudahy, of Milwaukee, takes a conservatively bear- lab view of the provision .sttuntlon. ”It looks as though there were plenty of hdgs,” Mid the big paeker. ”1 think It la going to he a »_r . .... ... w uf prMMtrOi. of hogs, bowerer, are too high, compured •lib the.price of-corn. We ought to uyln * huh i feeders I ropann nu-ut/ ar'c' corrccf. logo'thcr with the lii crease In tho packing, the stocks of meats In Chlcogo can show an Increase-..— tng May of between 2J,OA\t>j) and 40,000,000 pounds.' • ' ■■ • Budapest cal»Ie<! A. O. 8tanghter, Jr., & ‘'llungtry half crop. Houmanta nnd Bulgaria droiignt has dona .eerloue damage, nnd the dnmagu le - irreparable. Autwerp cables: "Houinenia wheat nnd corn crop prospects arc ver^ bsd. It is a national cn- Wheat speculators were bringing the plnn* et* Into the arona Saturday and were clfcu- lstlnt the following: "Illcks, the wenthor man, says tho weather In June will be phe nomenal. l!o claims that no man ever saw Fhe planets in such position as they will be *■June, and that the dlsturhsncer lie something marked nnd wouder- ‘" ‘The wlient market looks as If It was otct a dollar to stay," says J. A, IUukln. "Most of tho weak holders hove sold out and be good buyers on nuy advance. >\ltt foreign sltuntton coming, h* lmd If worse than our own, It can only mean much higher prices." ’ * WHEAT HEWS BEARISH) CAUSED SHARP DECLINE ■ . - -i. j • , Trade Big and Active—Was General Rush to Sell Early. < j bushel: itoek Jt.76«tl5 bushel. FttUITB—Lamons, fancyUcsssna, 8o.00; bananas, per bunch, cuus. actlre 81.00; iri ralihtB W cta' Florida atock, l- •lock, owing arrival, per box. . .. peach, l 8263 per crate. Grape fruit, Florida stock, owing to alia anil color, prr box 82,5003; limes, Florida stock, per i00 >1.50; peanut*, to lack, averaging bier ^°- w I n p g p.w»,« VEGETADLEH—Tallow gquaah. ll.!5«tM; white aqoaah cfe.60-crat»jcahhaga,crata. 3c lb.; tomatoes acllvs, S3.00&3.2S; potatoes, naw, 84*4.60 barrel; oalona, Louisiana, St 76 prr bushel; Egyptian, 4c pound; old Irish potatoes aCtlTa il.J581.20 bu.h.l; c«b grren’, 12.60 crata: wai, IL258L60 crate; ••- paragua, 16820c 2-pouud bunches; English »aa, 11-75 crate; cucnmbcra, 12.60 crate; rests, |3, crate. (inouunico. RICE—Jap 565Hc; head 687c; fancy head. 6HS7, accordln* to the grade. enhEHE—Fancy full cream dairy 1714c; ''sUGAl^standord granulated. 514c; Naw York refined, 484c; plantation, 6c. * COFFEE—Roasted Arbucktee 116; bplk In bage end berrele 12c; green licj>;. Shredded bleeolt 55 case; No. 3 rolled oets 13.25 ceae: sack grita, 06-pound haga, 11.>5; oysters, full weight, 52 ceee; light weight 11.10 etaef eviporeted gppleg 71ic pound; pepper 18c pound; baking powder B ceee; reJ iilmon 85 ceee; pink ealmoa 54.» rese; cocoa 40c; chocojata anull - , 1-ponnd Jara, roast beef 82.60 ceee; corned beef hon«y, 1-pouu . r . liras active 12.56 bushel l-pouutl blocks, artlve 12fte iKtund; whit* lady‘-liras 8. J. Whits. L. H. Fairchild. EstxbJiehed 1888. L. H. FAIRCHILD & COMPANY, NEW ORLEANS. Members; «w Orleans Cotton Exrhange. * New York Coffee Exchange. ;«W York Cotton Exchange. New Orleans Beard of Trada, aw Orleans Stock Kxchaage. Chicago Ibt-inl of Trade. LIVERPOOL COTTON ASSOCIATION. Private Wjrea^to NEW YORK and CUICAUO. Ordera aoUcib-d ^for fmura UellT- •t» on above Exchanges C. COTHRAN. .allon; Cuba cane 36c gallon; aalt, i grease 11,76; sols crack ers 614c pound; lemon 7c: oyater 7c; bar rel candy, per . pound fete; mixed, per - tomatoes. 2-pound, 51» cnee; 8-BOUIM. K =S; navy b<wna, 52.40; Lima henna 6c; beat matches, per gross. It.*; m«wronl, 614C?C pound: sardines, mustard. 83.25 case; potash. tS.2M3.-80 eaee: iwanuts. 6c; rope. Cply cottou. 18c; eoap, 81.60C4 cue PROVISIONS. PRO VISIONH—Supreme hems. 15c; liel- lies. 20*25 pounds average.. 10H: fat trarke. M314: Supreme lard. 10*4: Purity “,‘pouud. TS; California hame, 10c; dry lit eatra rllis. 8,66. FLOUR AND GRAIN. FLOfR-IIHtheat patent. 85.«: beat pat ent. 85.40; •tauda.nl patent, 34.75; half pat- nt |i.50; spring wheat patent >6. COHN'-5tp?S white, 79c; choice white. Me; white feed, 7»c: No. 2 yellow. 76c;.nilie<l, 76c; cracked ora. per biieheL «•;: hulls.- $13. CHICKEN FEED—Flfty-poand sacks 30c; l-nrlna..chick fetal, 12.00; YTclor feed, glJ5; '"oATH^No.ll’whlte. 80e: No. 2 mixed. Sic; Golden oats. 53c; white rllppetl. gic. M6;AJ.- Plain, per 36-pound saeks. 74c; «• pmmd saets, 76c: plain. 2Q pound sacks, 77c: *'uAY—Timothy, choice large Istlra. J1.35; do.-choice small bales. 61.35; Nn. 1, one-1 third bales. ILX; No. 2. one-third bales, 1 61.25: No. 1 .clover, mixed, 1L25; choice prairie jlLCo; liennuda, J1.1U, _ Chicago, May 28.—Wheat today closed 2 3-3712 3-4 lower. The bears Ir wheat forced more than one long oui of hie position on the bull side of the market this morning. The market lacked buying power, while the selling was Indulged In without fear or favor. Millions of bushels of long wheat were thrown overboard and scattered inter ests and short lines of- considerable sire wero put out. Thd bearish influ- supply of wheat decreased 6,265,000 bushels for the week, compared with a decrease of- half that- amount a year ago. Corn decreased 2,226.000 bushels, against an Increase of. 915,000 ’bushels lost year. ’ - Oats decreased 169,000 bushels, com pared with a decrease of 1,338,000 last year. -i Primary receipts wheat were nearly double those of a year ago. while corn was 225,000 bushels khort of that time. Corn ruled fairly active and closed l-2®le lower. Oats off 3-8<f:5-8e and provisions were 2 1-2012 l-2c lower. WEATHER REPORT. STATE FORECASTS. Georgia—FAlr tonight; warmer In north* west portion; Wednesday partly . cloudy; showers in west portion, warmer in tbe in* terlor. Boot.. _.... extreme north portion; JVs warmer In Interior. f h . Alabama—Showers tonighx snd Wednes day; warmer tonight I WEATHEfTcONDITIONS. CHICAGO.GRAIN MARKET. for today follow Previous Open. High. Low. Close. Close WHEAT— - May.... 98 July.... 100ft Sept.,., 101ft Dec.,.. 101ft CORN- May.... M* &::: ^ Dec.... 61 OATS— fel S 11 1 May. 16.2214 16.38 16.40 18.30 16.4214 16.4214 >6.4214 16.5714 54*4 6314 6314 9.06 9.00 9.00 THE SUGAR MARKET. New Y’ork, May 28.—Local refined and raw sugar markets steady and unchanged, tendon beets steady; May and Jane changed at 10s. THE LIVE STOCK MARKET. Chicago, Market gen* 6 SO: mlXMl S8tiC.s»: heavy g5.sog«.i7ft; rough $S.8o<)5.96; pigs $5.7506.26; yorkers $6.2006.25; sod to choice heavy not quoted. Cattle—Receipts *.600. Market steady; beeves $4.3506.w); cows $1.7506.76; heifers _ 40; calves $4.5006*76: good prime steers $6.450«*M: Poor to medium $4.3506.40; stockera and feeders $306*15. Sheep—Receipts 21,00a Market stVitdy to strong; native $4.6008.40; western $4.5006.40; yearlings $8.1006*70; lambs $6.2607.90; ern $6.S07J0 - LIVERPOOL GRAIN. west- Wheat opened ft lower, and at 1:20 p. m. ftOft lower. Closed %Oi lower. Com opened unchanged, ai»l nt 1*30 p. m. uuchsnged. Closed unchanged to ft lotver. COTTON SEED OIL. May. July ; September- . m . Ot>tolier Xovetnl»er. . . . December. . . . Cloved steady. causing clenrlng weather with marked falfs In temperature at most stations east of the Mississippi. * The center of dhe high area la now over Kentucky and middle Tennessee. An area of low pressure Is centered over tbe southwest. This Is causing higher tem peratures In the west snd northwest, with cloudiness In Kansas, the lower Mississippi valley and Texas. Itsln has fallen at a number of points fa Texas and from North Carolina northeast throughout New Eng land. , * The conditions are -favorable for fair weather In thll section tonight, followed by TIPS FLASHED From Wall Street Special to The Georgian. (From Hayward, Vick & Clark.) New Y’ork, May 28.—J. 8. Bache fc Co.: London market for Americans . Irregular. Anxiety prevails regarding the outcome of the settlement, as there has been more forced liquidation. .Shorts covered at the close. The market Is. therefore, lu u weaker position technically than It would otherv/ao have beeu. The situation is admittedly of a very up- certnjo character,, tbe grain reports are pot very cheering, and the bears nn-. in the saddle with no opposition. In sight. The starting of gold exports cape unexpect* STOCKS OPENED IT t "a n attack on prices Is contemplated by Tho New Y’ork Financial Bureau: London early market mixed. Baltimore nnd Ohio down ft, Louisville and Nashville ft. Erie ft, Southern Pacific ft. United States Steel ft, Amalgamated Copper ft. Anaconda,ft. Npw Y’ork Central ndvanfed ft, Pennsyl vania ft. Union Pacific ft, iteadlng ft, Cana dian Pacific 1ft. Professionals lire vigorously selling Amal gamated Copper and Southern Pacific, both bought on a scale for Investment with ru mors of weak accounts hanging over the market, and they may. In view of the re duction of support reported, get prices lower temporarily, ibut wfi regard these two Issues os among tbe best purchases oa any breaks frqrn pregent levels. Union Pa cific and Steel show a little more weakness and room traders will try to get them low er today, which plan will Bucceed unlees vigorous support Is given near closing prices: also Smelting, St. Paul, Great Northern preferred and Northern Pacific. The three .latter grangers will be bought heavily for foreign account on breaks now for. Investment. Professionals are hammer ing Reading for 90, Brooklyn Rapid Transit for 40, Canadian Pacific for 155. New York Central, Pennsylvanla-and Atchison receives support around closing levels. The room traders sell low-priced stocks like Southern Railway, Chesapeake and Ohio and Erie. Market on all firm spots nt present. Buy cotton on soft spots for turns. Take profits on all bulges In the grains. STAPLE AND FANCY COTTON Ana IN8TR0N P08ITION. Tlie New Y’ork Commercial: As n mat ter of expediency, a number of the large selling agents handling men's wear lines hive opened woolen suitings, mixtures snd low-grade cotton Worsteds for the spring of 1908. Taking the bull by the horns, these agents are offering clothiers snd cloth lob- bers an opportunity to plsce.esrly orders at most advantageous prices. It Is de- calred by sellers that as the new light weight season develops It Is almost a cer tainty that prices will advance and late buyers will have to place their initial orders * — rant above the now pre he forcing of the raeu'i At .classes of staple and fancy cottons were In the strbngest po sition they have occupied this month. On Mileacbed and half-blenched cloths advances of ftc all through the market were scored. Heavy. cottons continue firm In value for even the remotest delivery. Print cloths are In short supply nnd printers appear ready to bay on a basis of 4 9-16c for regu lars. It is fully understood thnt cotton yarn spinners are determined not to sell Feared Early That Bottom Would Drop Out of the Market Tuesday. MARKET SUPPORTED Prices Hardened Shortly After Opening and Ad vances Were Scored. Mew tork, May 28.—The market ! 0 . day had reached a low enough level t,> invite the covering on a large scale of Profits secured on the short side Thu sustaining element began to ooerau after the market had had a quarter of an hour or so of renewed weakness today. Liquidation continued In nu- merous directions, notably in the Con per shares, and certain of the lesser specialties, but It was checked after tha first half hour and prices turned sharp ly upward. The advance kept on for the rest-of the forenoon In a desultory manner. But beyond the buying in of short contracts nnd some purchases of professional traders working for a turn there did not seem to be anything to’ support the upward movement. It waa noticeable again, as It has been so oft. en, that the volume of transactions fen away greatly on the rise and that the higher levels the trading grew w dull. A reaction of a cent and a half fn the wheat options was the only out. side development of the day. MONEY AND EXCHANGE. New York, May 28.—Money on call 11-4@2. Time loans firm, 60 days 31-2 ®33-4; 90 days 33-4@4; six months 4@4 1-4. H Posted rates: sterling exchange 84.84 1-204.87 1-2, with actual business In bankers' bills at 34.86757(4.87 for demand and 34.834504.8350 for 60-day bills. Bar silver—London steady l-8d higher at 31 l-8c; New York 67 l-2c. Mexican dollars 62c. MIN7NG STOCKS. Boston, May 28.—Opening stocks: Greea Consolidated 14, Copper Range 7914, North Butte 82, Butte Coalition 2314. Old Domhe Toq 48, Khnimou 1774, Callforula Arlxonu 154, THE LONDON STOCK MARKET. on contract except St - their own stroni terms, and thla keepa weavers from accept IDg cloth contracts nt concession#. Cut tera-up making women's undergarments are ■tlll bnylng domestic and Imported emhrold eries at top value# for Into auraraer orders. Among retailers this week will mark tha termination of the May sacrifice aalea In all llnea of spring merchandise. The consumer to buy offi Print Cloth Market Strong. Because of the short spot aupply of reg- Increasltrg eioudines#' Wednesday:' probably 1 j'J"nom!na l 4 ’xt^aerveshowever to show oerature/ 0 ’ ttt0n00a " U '* hl: r ' ,tn * ,C “’ 'owrireSg til m"rke’t M&n?. Buy- perature... m are taking 28-lnrh 64 by'60s nt 414i» -a—l.. ■ 4 9-I6c, and deem themselves fortunate to COTTON REGION BULLETIN, -f g.t early delivery. On the high .count. wide cloths made Jn Eastern mills, prices are rlcrtdl.v maintained. Many agents hove sold 38ft-lnch standards nt 7c for delivery -tap to and Including July. Converters need more good! and are responsible'* for most of tha forward buying oo JKMnofr 68 by 72$ and high count cloths. NAVAL 8TORE8. STATIONS ATLANTA DISTRICT. ^Atlanta, clear.-. . . •Chattanooga, clear. Columbus, clear. . . Gainesville, clear. . Greenville, clear. . . Griffin, clear. . ,• •, •Macon, clear. . , . Montlcello, clear. . .• Newnan, cl6nr. . . . Rome, dear Spartanburg, Hear. . Tulinpooos, clear. . Toccon. dear. .... West-Point, clear. Temperatufa. ft , Minimum temperature for the 12-hour pa- rlod ending 1 s. m. this date., CENTRAL STATION. Atlanta. . . Augusta. . , Charleston. Galveston. . Little Rook... Memphis. . Mobil*. . . . Montgomery. Oklahoma. • Savannah. • DISTRICT AVERAGES. .Em llan time. Temperature. Special to The Georgian. Snvnnnnh. May 28.—'Turperitlne firm nt 60; sales 328; receipts 1.111. Rosin firm: sales 1,130; receipts 2.860; win dow glass $5.95; water white $5.88: M $5.80: PRIMARY MOVEMENT/ movement of wheat and corn tiklay: Wheat—Receipt 396.000 bushels; I bushels; ehlpmeni ivisi last year, rvmv ...promt* 160.000 bushels. Corn—Receipts 736,000 bushels; shipments 428.000 bushels; last year, receipts 1,011,000 bushels; shipments 638,000 bushels. 277,000 8TOCKS— Anaconda .. Atchison do. preferred Baltimore and Ohio Chesapeake and Ohio .. .. . ChlcuKO nnd Great Western. Canadian Pacific Erie do. preferred do. Louts vll.. Mexican Central preferred . Norfolk nnd Western .. New Y’ork Central .... Ontario nnd Western .. Pennsylvania Rock Island .. .. Rending .« Southern Pacific .... . Southern Hallway .... . do. preferred St. Paul Union Pacific United States Steel .... do, preferred Wabash preferred .. .. THE COFFEE MARKET. snge i market January .. February .. March .. ., April .. .. May .. .. . June July August .. . September . October .. November . December Eli Close. .5.20-5.30 5.25-5.31 ..5.20-5.25 ..5.30-5.85 5.25-5,35 ,.5.50 5.55 ..6.30-5,40 ..5.25-5.30 ..5.20-5.30 . 6.20-5.25 ..5.20-5.25 ..5.15-5.25 .,5.20-5.25 ecemuer .. ., .. .. . Closed quiet. Sales 85,000 bags. 5.25- 5.30 5.30- 5.35 15.306.35 5.50-5.55 5.30- 5.33 5.25- 5.;i 5.20- 5.23 5.205.25 5.20- 5.25 5.204.25 5.W-5.23 ireclsbie ruliifill. •For H » •* Remark*. Cooler weather is reported from all sta tions except those on thfwenst coast, where the temperatures remain practically station ary. Ught rainfall Is reported from several stations.. Clear weather t throughout the entire dtsfi WEATHER FORECAST. Texas—'Dallas, sprinkling rain; Houston, cloudy nnd cool; Taylor, cloudy nnd cool, light rain this morning; Temple, beeu rain ing since 4 s, m.; Austro.^ _ “ 1 ‘ | ~*‘ice 5 a. m. ‘ w “** «**•*•»' light; °Wui'o snd Brenhsm, raining. MI«rt**lppl’-Ko»Htt»ki>. Tupelo, Green wood. Jackson and Ilsslohurst. partly.elondy and cool; Lexington. Yaxoo .City, Merblisn, Vicksburg snd Nstehes, cloudy ojid cold. Umlfelrtii.i—laske Charles, clear; Monroe, partly elondy; Opelousas and Alexandria, clear snd cool. South* Carolina—Spartanburg, clear six) cold, front last night. North .Carolina—Charlotte, clear and cold, rainy I all yesterday. Tennessee— Memphis, clear and cold; tem- wrature last night 48. now 66. Georgia—Atlanta, clear snd rold. CHICAGO CAR LOTS, The r«H*elpts of grain In - car Tots today nnd estimated receipts for tomorrow are a* follows: " _ , Today. Tomor. Wheat.. .. .. *.' 61 22 Corn.. ' .*’ •* 4GS 152 Onto..... MC 106 Hog*., head.., 15000 32000 HAYWARD, VICK & CLARK, COTTON, STOCKS, EONDS, COFFEE, GRAIN AND PROVISIONS, Carondelat and Gravlsr Sts* Naw Orleans. MEMBERS: | In time of Peace, Prepare for War g ® .. S J* In time of Plenty, Prepare for the Opportunities g ® of the Future. % $ Save,your dollars from your “extravagance” » @ fund and we will take care of them with 4 per cent ^ f added. 5 S That SaA-ings Account will some day afford the © @ ready cash for some splendid investment, © Let your money earn 4 per cent with us while g ® you wait. q Union Savings Bank. ATLANTA NATIONAL BANK 1 ATLANTA, GA- C. E. CURRIER, President. H. T. INMAN, Vlee-PreildenL GEO. R. DONOVAN, Caahter. JAMES S. FLOYD, AuliUnt Cashier. Capital .* $500,000.00 Surplus and Undivided Profits " ,n=n nn New Organs Future Brokers* AtsselsUa^ « On Liverpool Cotlsa Aaa'k naaa nu Xrx Orl-nuj and Chlragn Uoarda or Trada, Naw York Coffre Exrhnugo. Aaaoelata Mom) Now York and Chicago Correspondents. J. B. BACHE & CO.. AND BARTLETT. FRAZIER & CARRINGTON. ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone, Main 858, ATLANTA- GEORGIA-