Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, May 29, 1907, Image 10

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ipgp|lppM|gpipp^MMppH! THE ATLANTA GEORGIAN AND NEWS. WEDNESDAY, M4» 29. 190L BULLS SUPPORTED MARKET " Started an Active Covering Movement Among the Shorts. TRADE WAS ACTIVE Firm Liverpool Closed Sharply Higher—N. Y. Scored Good Advance. OOaoOC^KH>OOtK»OCHJO<:-«H3000 a o 0 PRESENT PRICES WILL LOOK O 0 CHEAP IN NEAR FUTURE. O 0 a O New Orleans, La., May 29.r-Ltv- O O erpool cable* W, P. Brown aa folr O 0 Iowa: O 0 “Best informed people here bull- 0 0 l*h, but afraid to buy, owing- to O U apparently high price.” 0 Mr. W. P. Brown replied as fol 0 lows: 0 0 "They would buy now if they 0 0 knew how bad crop conditions are. 0 0 Present prices will look cheap in 0 0 the near future.” O O 0 00000000000000000000000000 high- ilniou er. It seemed to be tbe general opinion among trader* that yesterday’* decline w*s sufficient for the moment* and tbe map showing considerable rain west of the Mis sissippi. the bulla supported the whole list vigorously, starting an active movement among tbe abort*. Trade was active. The opening In the Ltveroool market Wed nesday was again lower than due, and waa discouraging, in view of the'poor crop advices being received through private sources. The weekly government weather report shows two or three days of more favorable weather in sections, and for this K ison It was claimed to be better than d been expected. This was probably a depressing influence In the English market. Manipulation, however, was the main lu Low. 3.11 6.65 6.40 6.17 richer. The following is tbe range In the active months In Liverpool today: Open. July-August Ml Octobtr-November , ...8,20 Spot cotton wm dull nt 8 point, decline; middling 7.06;- .ale. 5.000 lisle.. In Mow York, tr.de tr„ notice nt the opening, with price, 7©17 point, higher. The unftcornhle turn In tbe weather In* duced aggressive bull support, and nhortn In tbe eerljr session covered freely. The open ing gain bad been increased «urae 299 point, ■t noon. From midday until the rinse there wti« much eicltement and a derided upturn In future, a, ■ re»ult of a renewal of rery un favorable crop advlcea from tho belt. In tbe New Orleana market October croaaod tbe 12c mark. Bpot cotton la being advanced In nil tbe Seutbern market!, Augusta today going to The close waa firm 24 to H point, higher. Comparative receipt, at all V. 8. portal Net receipt, Wednesday, May 29 9,929 Name day laat year 11.889 Decrees© 2.9M Total receipts for four day, 96,107 Name days last year U.itio Decrease 18,949 Total receipt, atnee September 1....9,612,649 Game time last year........~..........7.464.K2 i Increase 2,Hi,097 8eml-weekly Interior movamant: 1907. 1906. 1908. ' Receipt, — 15.13) 16.922 22.420 Shipments 29.819 21.209 35,331 Block, 229,7a 106,119 231,064 Estimated receipt, Thursday: NEWS AND GOSSIP of the Fleecy Staple. Special to The Georgian. JUOIUIBI I.Wi sales k,00b:~American 4M0; ©peculation and export 900; Imports £000, lacludlng American. ■' i <■ • I’ort receipts estimated at 6,000, again*! 9,225 last week and 11,889 laat year. Liverpool sends lower cables, commer cial report gives decreased acreage of 4 per cent under last year and crop situation bed. Trading quiet. Public crlnces a dis position- to await the* bureau. Think the market la a purchase on these setbacks. Advise .taking on the,far months before "HraUSKTHgM I. .imply a for- taste of wtMt Is coming before Jatte 4. Big shorts very nervous. It's a buy right now. The Southwestern Cotton Buyers Asso ciation makes the condition of Texas 66.3» and an Increase In acreage of 2 per cent. Following are the 11 a. m. bids: July lie; September 11.14; October IL38; January 11.69. Now Orleans, Msy 29.—Hsywsrd, Tick A Clark: Numerous Inquiries from all parts of Europe as to crop conditions show that there Is deep concern for next season. Tbe next bureau may convince Europe and have considerable further effect on the market. Looks higher. Feeling strongly bullish. Bear pressure loosening. Looks as If October will go W £ralg4k <, Col, of New York, wires: "Bear, hammerlog. endeavoring to cretle more fa vorable buying baale. Weather too cool. Advise buying on aU breaks. Map very bad. Louka Ilka two days’ rain. Liverpool now np to laat night a prices. Expect advance in cotton. Keap on tba Ion* aide. , . „ . New York reporte bear, giving In. Short, covering. Look, strong. Advance expected. COTTON IS FIRM iN 8PAIN; PRICES WELL SUSTAINED. Washington, May 29.—Consul-General B. H. UldgsTy reports on the cotton situation at Barcelona, Spain, xx follows: • Tbe tone of tbe cotton market la firm and baa been well sustained. If It bae any par- ‘ir tendency at all at preeent It Is In Itrectlon of a slightly Increased actlv- .... Cotton, of tbo now harvest are being uaed Id conjunction with those of tbo old In order to obtain an averaga quality. Tba cotton season—from September, 1906. to April. 2907—shows tba following arrival, of cotton at Barcelona: 1904 Country. American Egyptian .ndlan >rant Other sources.... Total 1906-07 Bale, nm 13.310 63.261 6.696 6.976 awoa 163,220 16,062 27,311 8.316 4.106 Bale, I TOM' 2.289 d 1 i a * !i l hay June.. • « . July Aug Sept Oct 40V.. a . . )ec.‘ .... Jau 11.01 Yi.66 10.98 1LM n.^ 11.0 11.43 11.54 11.18 1125 !!:» SJ6 11.60 11.67 11.77 10.96 'll! 00 10.98 11.06 lb2S ll.: * n.»~ 11.54 ii.i3iu.iS-if 11.15-17 11.24 11.23-24 11.25 11.26-26 11.33 11.32-33 11.5411.54-65 11.6011.60-61 11.6711.60 11.7611.76-77 Ib.91-9i 10.88-90 10.98-99 10.91-92 10.97-93 11.20-21 11.22-24 11.80-32 11.42-43 208,006 j 260,641 New Orleans 2,400 to 2,900 Oalreaton ........».l.ooo to 2,000 Houston 1,800 to 2,100 Moramant at Atlanta: Bocalpta Wednesday Sams day laat year '. Dacrcaae Shipment, Wednesday Sams day laat year Stock on babd Wednesday Same day laat year Increase 1906.' as 1.228 & 612 6,726 4,732 991 8P07 COTTON MARKET. Liverpool steady: middling 7.C6. Atlanta, firm; middling 12H. New York, steady; middling 12.60. New Orleans, firm: middling 12 6-16 Boston, steady; middling 12.25. Houston, steady; middling 1274. Galveston, firm; middling 12*L S emphls. steady; middling 12c. iltlmore, nominal; middling 13c. llmlugtoik, steady; middling 1174. Savannah, steady: middling 1174. Norfolk, firm; middling ISc. TODAY’S PORT RECEIPTS. The following table shows receipts at the ports today, compared with tbe same day .last year.* Kew Orleana. Galveston. • • Mobile. Mount. .,••••• Savannah. • • . . , Charleston. . . . . , WUmlngton gRfctv:::; Boston. ...••• INTERIOR RECEIPTS. The following table shows receipts at the Interior towns today, compared with the same day. list year: HAYWARD, VICK A CLARK’S DAILY COTTON LETTER New Orleans, May 29.—Weather conditions continue unfavorable In the greater portion of the belt. Cold weather prevailed In the northern half and extensive rains occurred in the western and central states. More rain is Indicated for the central and west ern belt, finch conditions ami outlook caused systematic bear pressure to be bus- pended, and tbe markets, which duriug the K st few days had been held down against dination. rebounded sharply. Liverpool recovered the early loss sod gained 7 points over yesterday on new crops. Opening trades hern were at an advance of 13 to & points, sod though there was cousiderabta realising and selling by New York, the im provement was maintained and the upward tendency remained unchecked. The South western Cotton Buyers’ Association gives the condition for Texas as 66.2. mnl 1 per cent Increase in acreage. The New York COTTON YARNS QTILL 8HOW AN ADVANCING TENDENCY. New York Commercial; Further advances, have been named on cotton yarns within the past few days and sellers are bolding out firmly for these new prices on all de- Ivsrles. On long distant deliveries, running nlo next year, cotton yarn agents are even firmer In their price Ideas than la usually the case for long distant contracts. The ** tho cotton crop have been character and these have resulted In buyers being cautious over the booking of orders for deliver/ well on lu the end of tbe year nnd early next year. They are demanding atlff prices for deliv eries of this sort and are getting them In the majority of cases. For uear-by and spot shipment prices ore also stiff and the market today Is by no means a buyers’ market, borne agents in this market are holding their yarns at what ere termed prohibitive prices and re- 1 use to come down In their Ideas. Southern frame Peeler cones In 10s are being offered for d«“ - * * 2174c 10a ai. — and In others are being held at 23c The 23c flat price Is believed by buyers to be altogether too high nnd they are refus- *— place orders at this price. ting yarns have as a rule been ad vanced all along the line from 74c to Ho per . partially atop these demands. v W*aVtK} counts era much firmer In pries*and under months to come. * Print Cloth Market Steady. By refusing to grant even l-l«e concession on orders ‘extending into October tbe print cloth yarn fabrics are being kept steady l»y all sellers In'this market. On regulars 4 9-16c grant no concessions, and at present buyers art reluctant to pnkce orders on an at value basis. On narrow goods In 27-tncb and ,26-Inch widths nnd odd count valuta lore bqwa on 'Tegular* at the full 4 9-10C price, which bring* them higher than tho/ ■ • 't&fcNr» fs,ra On contract tbs values shade off to 7Hc. C’utters-up and .converters iro calling for wide stanr*-—* tern hem - . . 1 up am adarda for September, October to 674c and find mills already largely sold Commercial makes the acreage for tbe belt 4 per cent lesa than last year. Tbe absence of lasting improvement In coudltlona concerning the now crop Is strengthening bullish confidence from day to day, and the tenor of the numerous In quiries from all parts of Europe show that there Is deep concern abroad about the sup ply question for next season. The bureau report on Juno 4 therefor# may have con siderable effect on the markets. Official records show over 20 points In the western belt with 1H Inches of rainfall during the past 24 hours. Tbe rain area la moving eastward Into the central belt nud contin ued reports of rain are now arriving from the delta. Futures are firm nnd advancing. New York, May 29.—J. 8. Uacbe A Co.: Liverpool took a dr#p In tho early seaslou this morning. The near forces evidently brought about selling on tho other side to break the New York market, but tbelr ef forts came to naght, for at our opening there waa a peralsteut demand due to the continued rains aud fear that weather con ditions would be even worse over the holi day. Shorts were responsible for the enrly advance aud bull manipulation did the rest. Another bull argument waa the New York Commercial report showing a decrease In acreage of 4 per cent under last year's. Private advices state even the third plant ing does not show any Improvement, nud coudltlona continue deplorably bullish. We believe prices are low, and woubl udvise buying today for-a sharp advance. ATLANTA MARKETS. Edited by Joseph B. lively MARKETS Mr. Lively's twenty-fir? years' experience of ed- . Itlag markets to Atlanta and the South has made him a recognised au thority In his specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS AnSarlcao Sugar Bet Anaconda ....».*••• American Locomotive. • • • do. preferred ...«•*• Am. Smelting lief. « • • • • do, preferred Atchison . . . • • • • • • do. preferred . . .. • • American Cotton Oil. • • • • Am. Car Foundry Baltimore A Ohio ..,••• Delaware it Hudson. , . , » Distiller's Becurltlea. . . . . Erie do, preferred*, • ...«• General Electrio •••••* Illinois Central Am. Ice Securities . . . . « -outsvllle A. Nashville. , , • Mexican Central , . , , . • Missouri Pacific •E»-f>lr. 1 per cent ~~ N. Y., Out. A W. National Lead. . • • ■ 1 Northern Pacific. . • • 1 New York Central. . • . Norfolk & Western.. . « Pennsylvania People’* Gas. . . • • • . Pressed Steel Car. > % i do. preferred. • . • 1 Pacific Mall. . Heading. Republic Steel Uock Island. . do. preferred United States Rubber. 1 do. preferred. • • • 4 Southern Pacific. ... 4 Southern Railway. ... 4 do. preferred. • . • « Sloas-Shefflsld. . . ... Tenn. Coal A Iron. • . . Texas A Pacific. .#,•*.4 Union Pacific. United States Steel.. • . do. preferred Western Union. • • Wabash do, preferred . , Wisconsin Central , do, preferred . NEW YORK. The following la tbe range In cotton fn. LIVERPOOL. range and close, compared with yesterday: Futures opened quiet and steady. Opening Prevlotn May May-June.. Junc-July... July-Aug... Aug.-Sept.. 6.64 Sept.-Oct.... 6.25 -6.21 Oct.-Nov.... 6.20 -6.17 Nov.-Dec..., 6.17 -6.14 Dec.-Jan..., 6.15 -6.12 Jou.-Feb.... 6.14 -6.11 Feb.-Mar.... 6.14 Closed' firm. Range. 2 p. m. Close. Cloi 0.5574 6.6674 6.8574 6.f‘ 6i44* 6.41 6.30 . 6.25 6.35 6.18 6.30 6.14H 6.27 6.12 6.2574 6.12 6'24H G.13H 6.25 6.56 -6.55 6.46 -6.44 6.41 -6.40 6.31 -6.30 $8*88 6.40VS 6.34 NEW ORLEANS. May.. J une., uly.. Aug.. , Sept.. Oct. . NOVa. . Dec. • Jnu. Closed steady. 4 s III l II 12.42 12.28 12.42, 12.17112.15 12.15 12.1812.1712.17 12.04 11.84 12.03 12.6iiT.7912! 28 12.03111.80113.071 12.25 II. 88-69 12.15 11.98 12.41-4412.18.19 12.15 11.90 12.15 11.85 12.02-03 11.72 12.00- 02 11.68-70 1L99-12|1L67^6S 12.01- 02111.70-72 * NOTES ON GRAIN. Pointers on Provision*. The Chicago Record-Herald: Immense possibilities lTo ahead In the wheat market. World-Wide Intereet la being attracted to It. wbleli alouo wilt give a sweep of much power In either direction. Price, bare al- roudy adranced to a level which discounts an Immense amount of crap damage, but nc ouo can aay how much beyond the tegltl mate stage values will ha carried by tbe world momentum that la gradually coming upon the wheat market. Shrewd tradera of U10 professional type have been thrown en tirely out of their reckoning by the strength already disclosed. In view of tho sensa tional developments tbe world over the number of profeealonal speculators that bars benedted by tho vast appreciation In tho value of the real property Is almoat pit ifully araall. Southern I removed from . . of wheat uioet of the coming crop year. Nature', ukase will take care of the wheat of the Dnnuhlan countries that have here tofore, aa a rule, been eteady, reliable ship pers the year through. Weather conditions appear to be aa badly out of Joint and the crop coudltlona os disappointing In south eastern Europe ae they are In the winter wheat sections of tble country, the exce- tlon being that there ta no Insect peat rt aa a steadily p The ralna West i ..-moved some of crop of Nebraska and Kansas. T1 state has not yat had sufficient tuu,.,uio. bit It lx not too late for the spring rains, If they come, to bring conelderable benefit, particularly' to tbe quality of some of tba £rsln that la now a poor promlaa In avary season Is nt hand for a rush of corn from the country, ss com planting la prac- ttcaily finished. Tho, crop has gone lnto the ground under fairly promising condl- top* and reasonably earl/. Bains sines planting have given much of the' corn a good start. Conditions west of the Missouri river hav© not been as favorable aa east of It. Meanwhllo there !• an unusually promising cash, demand. Eastern buyers and exporters a#h short and have beenibuy- ^ D &ownanla*l#*vert short of feed grains and week that Illinois corn growers would sell very freely on tba baala of,M canto at load ing stations, but they ate atlff In their views and may slevate them In the event that wheat, oats, rya. barteyr iMta con- tlnno atrong aa at preeent. Export sales of about t.ooojooo bushels cf corn were made during tho last half of last week and about one-foartb aa much more waa sold to East ern distributors. e aoncs, navi pruucia *v 00 crate. Strawberries, ** VEGETABLES—Yellow squash, 11.250100; white squash 1101.60 cratt; »bhs*Jj- FRUIT AND PRODUCE. EGGS—Active, 17H018C. LIVE POULTRY—Heira, sctlre. 40c earh; chickens, active, 15035c each; ducka, Feklu. 39c, each;- puddle 25c each: geese, full feathered, 40c each; turkeys, dull 12Hc pound. DRESSED POULTRY—Turkey*, undrawn, active 14015c pound; frlea, active, 25030c pound: hens, 14c pound. PRODUCE—Lara 10011c pound; hnma ac tive 16c pound; shoulders active 10011c pound; aides active 11c ponud: butter active iwilinitl htotvaf «l<vflr» awxm.l- nsbel; stock tl.7502.I5 Imsbej. FRUITS—Lemons, fancy McsKcna, bananas. i»cr bunch, culls, active straights SH cent* J>er pouud; pim»apules,' Florida stock. 33LOO05.OO; oruuges. Uslifor- nla stock, owing to slae uud eondltltui on arrival, per box, 1404.50. Florida hou- ey peaches 1203 per crate. Grape fruit, Florida stork, owing to six* and color, per box 12.5003; limes. Florida stock, per 166 $1.5>; i>eanut8, lu sacks averaging iOO pounds each, owing to grade, per poumT 6H0i*%c; dried apples, 70S»*c; dried L. H. Fairchild. Establlthcd 1885. 8. J. Whits. L. H. FAIRCHILD & COMPANY, NEW ORLEAN8. „ Member*: b.w Orleans Cotton Bacbangr. New'York Coffer Exrbsngr .* g»w York Cytto. jagbsag., Nfw Ovlvana ltosr«l of Trailo. hew Orleans Stock Excbangr. Chicago Hosnt of Trsitc. LIVERPOOL COTTON ASSOCIATION. Prlrar. Wires to MEW YOKE and CUICAtiO. Orders aollrircl for future .trllr- • » oo abors Exihsuscs- - B. C. COTUKAN. h-w organs ■■ Co Prirste Wi f a ; on abora I cralc: lettuce, nmnni, wins i—- irate kraut, half barrel. ».75; braui rauuU grrrn. 12.50 ersts; wax. tl-S«LM crate; ,,- paragua. 15»»c 2-pound bnueby: bngUah MU 11.75 crate: cucumbers, «■» ««•: iccts, 13.00 crate. New potatoes, |150 per hi label; -So. 2, 11-26 per bushel. GROCERIES. HICE—Jop 6|>6Hc; bead «e7c; fancy head SWB7. according to tbe grad©, * CHEESE—F®cy full cream dairy 17Hc; t 'Bl'*lAit--Standard granntated. 514c; New COKPEI'^BooatiJ' 1 Arb'nckVea til; bulk In Kradded*bUcultJ6 l caae’; 11 No^s rolled oala 13.25 case; sack grits, 96-pouad baga, ll.»; ovstera, full weight, 12 case; light weight 11.10 case; evaporated apples THc Bound: BPHnSS «: , p| k n'k n, M , | 0 mT»'54.§hS| sr:." n r «; t ; MS fe’fc ease: ratanp 11.90 caao: olrup; New Or- lenua. 3Sc gallon: com 10c gallon; Cuba 35c gnltou; Georgia cane Me gallon: aalt, 100-pound. Wi axle grcaaa 11.75: soda crack- era 6Hc pound: lemon 7c: oyster 7c; bar rel caodr, per |K)und. 414c; mixed, per nound 6Hc: tomatoes. 2-pnund, 11.90 ease; Spoun'd. 1225: navy beans. 12.40: Lima beans Or: beat matches, per gro.a, H.55; macaroni. 614417'' pound; wirdlnca. mnatanl. 13.26.ense: potash. 13.25442V) case: nennnta. sc; rope, fply cotton. 18c; eoap, 11.50C4 caa* PROVISIONS. PBOVISIGXH—Supreme bams. 15c; bel li,.,. Jiwi-.T. pounds average. 1054^ fat OPENED NJAR CENT OFF. Rains in Kansas, Nebraska and the Southwest Were Factors. Chicago, May 19.—Wheat closed l-4c up to l-8c oft for the day. Corn 1-4® 3-4o better. Oats 3-4@l 3-Sc higher. Provisions 71-2® 16c better. The trade In wheat wn» greatly sur prised by the action of that market In advancing aharply early In the session. Liverpool wheat showed a gain of only l-8d in the face of heavy crop shortage there, coupled with the sup port from America. Crop exports now looking over Kansas report the outldok as worse than at any time on the cron. CHICAGO GRAIN MARKET. for today follow: WEATHER REPORT. WEATHER CONDITIONS. Cloudlnras prevails today over thi entire country and rains have been general weat from tne Mississippi and In tba lake region, ltnln waa falling this morning at Abilene and Taylor, Tex., Memphis, Tenn., North Platte nnd Omaha, Nebr., Rapid City, 8. Ji., and Jupiter, Fla. Tbe presaure bta decreased conalderably In the Mississippi valley and tbo southwest, due to tbe esstwerd drift of an area of low pressure now centered lo western Texas. Tbe area of blgb barometer Is centra over tbe middle Atlantic coast atatea and the Ohio valley. Tbe temperature hex risen at nearly al stations In tbe costern half of tbe Hotted States and In the southwest. Conditions now favor showers In tbls auc tion tonight nnd Thursday; warmer tonight COTTON REGION BULLETIN. 8 I 8 B Btv.: ! PORK- May,. ..... ..... ..... id.w July.. 10.33 16.60 16.22H 16.37H 16.30 8e^t„ J6.47H 16.65 16.40 16.55 16.427 .... .... 9.1274 9.00 9.2274 9.10 9.20 9.077 16.20 16.2274 THE LIVERPOOL GRAIN MARKET. Wheat opened steady % lower, and st 1:30 p. in., H«74 lower. Closed unchanged to A ntil*» lower. Closed 74 CHICAGO CAR LOT8. The receipt* of grain In csr lols today aud estimated receipts for tomorrow are a* follows: Wheat Com Oats.. .. .. Ilogs, head.. Today. Tomor. 24 31 176 28 NAVAL STORES. Ipeclsl to The Georgian, efcvanniib. May 29.—Turpentine ts firm At 0c; sales, 491; receipts, 695. Roaln firm; sales, 2,292; receipt*. 1,616; THE METAL MARKET. New York, May 29.—Tbe metal markets continued extremely quiet with no change In price* with the exception, of tin. which show* a decidedly firmer tendency In sym pathy with the strength In the foreign market. Spot and nearl - —’ up 7«c. In tbe bid and price. Copper was unchanged. THE LIVE STOCK MARKET. FLOUR AND GRAIN. ^-Highest, patent. ont, 15.40: sfandn.il patent. 'nt. 34.50: spring wheat patent __ CORN—N’o. 2 White, 79c; choice white. 81c; white flb'll. 78e. No. 2 yellow. 7Sc; mixed, ;«c: i-nwked ooru, per Imahel. ,6c; bulls, 818. ‘"qAT^^fo.’Vwblrfe «3e: No. J mixed, 59c i fi.ildeu noli. 59c; whit.- clipped. 81c. MKAI.-l’Ir.ui. per Jb-pound sack*. 74c; 46- pouud racks. 76c: plalu, 20-i»ouud racks. Tie; germ $L2S HAY—Timothy, choice terse bplee. $1.35; *to, choice *n:all bale*. 61.35; No. 1, one- thlul boles. 61.65: No. 2, ofie-thlrd bakv, 11.25; No. l clever, 'mixed.: |!.25; choice urul.b* 61.00; Bermuda. 61.HI SHORTS—Choice white 61.45; Texas white 61.35; fancy. fO-bCUBd, 31.43; bruwu. $j to iju Voundi, 31.3*. - v v * - v * ' ' Chicago. Msy 29 — Hogs—Receipts 26.000, Market dull; light 36.C&06.30; mixe«) $Cp 6.2774: hekvy 65.8^6.1774: rough J5.80g6.9u: pig* 35.75ft3!25; yorkers 16.22740627*4: good to choice heavy 36.0606.1774. Cattle—Receipt* 16.000. Market 10c high er; natives 34.4506.75; cows 31.7504.70; heif er* 32.6-ytj5.40; calves 64.5007; good prlruo steers |5l606.55; poor to me<lluin 34.4505.50; ■tuckers end feeders 3305.15. HlTeep—Receipts 22,000. Market 10c lower; ?sr 36.10&7; liimbs 33.2508; western : STATIONS ,ATLANTA DISTRICT. •Atlanta, cloudy. . . . •Chattanooga, cloudy. Columbus, cloudy. . . Gainesville, cloudy, . Greenville, cloudy. , . Griffin, cloudy. . . . . •Macon, cloudy. • • • . Montlcello, clear. * Newnsn, cloudy. • , Rome, cloudy. . . . Spartanburg, clear. Tallapoosa, cloudy. Toccoa, clear. . . , r West Point, cloudy sJSf 111 as.g •Minimum tamparature for iba 12-hour pa- rlod ending 8 a. m. tbls date. upsurassa, 1-n., i.iu; uixe cnariaa. La. l'TO; Jannlnga, La., 4.00: .Qalveaton, Tex., LSSi Branham, Tex.. 884; BaaTlIle. Tax., 4.08; Wnxahatchls, Tax.. 1.58: Wharton. T«.. 2«4: Lullng, Tax., 1.78: Woldanvllla. Oklx„ 1.80; Coraloana, Tex.. 4.00: Cnero, Tox., 1.80; Houston, Tax., 2.84; Kamilla, Tax., 1.50; Lampaaax, Tex., 1.70; Longview, Omcxla. Tax.. AGO; Temple, Tex., 1.84: Waco, Tex., 8.58. - CENTRAL STATION. Atlanta. . . Augusta. . . Charleston. . Galveston. . Little Rock. Memphis. . Mobile. . . . Montgomery. . New Orleans.. Oklahoma. Savannah. Vlcksbui Wflmteu ora. . igton. dlcstei DISTRICT AVERAGES. I J2 .00 yesterday. ••For U hours ending 75th meridian time. Remarks. The average temperature for the district Is somewhat lower than yesterday. Uenvy rains have fallen throughout Texas, with scattering rains over the rest of the dis trict. J. B. MARBURY. Section Director. WEATHER IN COTTON BELT. last night; Urenhnm. ’cloudy, rained aU night; Houston, drlullng. mined since yes terday; Galveston, cloudy and windy; Tsy lor. been raining since 6 o'clock; Temple, >n, cl g since 6 o'clock. I»et»n mining hard since 5 o’clock; San An tonlo. been raining cloven hours: HalUnger, Snu Angelo and Brownwood, rnlnlug; Waco, ruined hard nil night, still raining. Mississippi—Lexington, raining nnd cool, been raining *lnre midnight; Ilsslehuret. cloudy, been ruining; Jackson, sprinkling nud cool; Tupelo, warm and cloudy; Durant, partly cloudy, cool nnd drixxllug; Yaxoo Ultv. partly cloudy and cool, rained all night: Greenville, dandy and threetenlug. rained hard last night nnd this morning: Kosciusko, sprinkling nnd cool. Alabama—Huntsville and Florence, cloudv nu.l threatening; Mobile, cloudy aud pleas cloudy, rained all night. Sooth Carolina- Spartanburg and Coluui bln. clear and cool. • Tennessee— Memphis, cloudy nud cool. Georgia—Atlanta, cloudy and cool. HAYWARD, ViCK & CLARK, COTTON, 8TOCK8, BONDS, COFFEE, GRAIN AND PROVISIONS. Cerondelat and Gravier St#., New Orleans. MEMBERS: New Orleans Cotton Exchange. I New Orleans Future Brokers* Association New York Cotton Exchange. I New Orleeps and Chicago Boards of Trad* Galveston Cotton Exchange. I New lock Ceffe# F.xcbsnge. Houston Cotton Cxchnuge. | Associate Memigre Liverpool Cotton Aee'% Xcur York and Chicago Correspondents. A BACHE A CO, AND BARTLETT, FRAZIER A CARR(NQ?0N» PRIVATE WIRES TO ALL POINTS. TIPS FLASHED From Wall Street Special to The Georgian. (From Hayward, Vick 6: Clark.) New York, May 29.—J. S. Bacbe & Co.; Loudon market strong, *4 to 174 higher. Settlement may bring some more failures, but nothing of any consequence expected. Doubtful whether more gold will go from here this week. The raid at end of day was confined to a few stocks. Amalgamated was the chief sufferer. The attack had been advertised In the enrly morning nnd was made lu order to cover stocks else where. The break In wheat was a factor and helped tbo market considerably. Look for a good recovery In. the list today. Town Topics: While there will doubtless be some covering today over the holiday, we see nothing lu the market situation that would causo us to think there Is anything, to be gained by buylug nt this time. From au investment standpoint, stocks are un doubtedly cheap, but In our opinion they may be bought still cheaper. On any severe breaks, but not otherwise, we would ad vise buying for turn* th© Hill and nar- rlman stocks, St Paul, Atchison, Pennsyl. vanla, Baltimore and Ohio, Reading, Louis ville and Nashville and Atlantic Coast Line. Buy cotton on weak spots for moderate profits. On further sharp reactions, wheat may be bought for a turn. way, it Is M1U, uu u cvwm«, «- .. . with such temperaments, more smenabIe*to conservative advices. This development Is now said to be taking place. Amalgamated may go a little lower, but should be bought confidently around 80, where good support begins. Anaconda mar sympathize. Smelt ing supported around 112 now. St. Paul 123, Great Northern preferred 113, New Y’ork Central 109, Northern Pacific 120, Reading 96, Southern Pacific 72, Union Pacific 132, United 8tates Steel 31. Of course, if li quidation overwhelms tbe reduced level, professionals will again attack vigorously. Otherwise, expect a recovery! Professional selling will • be found for short account on rallies In Brooklyn Rapid Transit, Canadian Pacific, Erie. Reading and Smelting in particular. Individual In vestment Is found In St. Paul. Amalgamat ed, Pennsylvania and Atchison. THE SUGAR MARKET. New York, May 29.—Domestic, refined and local raw sugar markets steady and un changed. Loudon beet sugar steady; May and June unchanged nt 10s for both. AMERICANS IN LONDON BETTER. Loudon, May 29.—The securities markets show a general fair Improvement. Invest ment Issues are better, nnd Americans have recovered sharply from tho flat opening. Copper stocks display a hardening disposi tion. THE COFFEE MARKET. New York, May 29.—Following are coffee cables: - Havre. 10 a. m.—Market quiet. Hamburg. 10 a. * m.—Market unchanged; sales, 21,000. • > - « Rio receipts. 9.000; shipments to Europe. 1,000; stocks, 921,000; market quiet. Snutoa receipts, 44,000; stocks, 2,403,000; market barely steady. 8so Paulo receipts, 8S.Q00. V Jundlahv receipts, 33,000. January February .. March .. .. April.. .. . May - - • June ... .. July .. .. August .. September October ..' November . December Opening Range. .. ..5.20-5.30 . .. ..5.20-5.30 .. ..5.30-5.35 ,.5.25-5.35 ♦. ..5.40-5.50 ... ,.5.20-5.25 .. ,,5.25-5.30 .. ,.5.20-5.25 , .. ,.6.15-5.25 .. ..5.10-5.25 .. .,5.10-5.25 ..6.20-5.25 show rami! Americans Recovered From the Flat Opening-Cop pers Hardening. NEW YORK ADVANCED Few Stocks Participated at First, the General List Following Later. New York. Mx, 2^-The progress nt th. London settlement without any dleturbiui incident gave a strong impetus to nil hj- markets this morning. Abroad there w.. . fair recovery In all departments, Amerl'ni stocks, nfter a weak openlug, railylne in! considerable rapidity. 8 J ’""I fly the start of the market the cable 0,10.1 tatlona on American Blocks showed rain, of 44 point to 1 point all around This wSI followed during tho first hour of buslneu by active short covering, under which ies2j lug Issues regained a good port of the losses of the two previous days. The upward movement wai checked, however, i.v ,h.i announcement of successive gold eidS ments aggregating 82,000,000 for shipmen t,,' tomorrow's steamer to Paris. L'nder th(., discouragement prices fell off fractionally Nsw York, May 28.-The stock market opened nt advances ranging from iiau- tho laxt In Beading. At the end often minutes’ trading, net Improvements wer. general. Bending rising At the end of fifteen minutes' the market, as a rule retained the former Improvements. Balti more and Ohio gained In all m. r n i un Pacific reacted % from tbe best. MININd STOCKS. Closed steady. Saifs 85,500 bag,. Close. 6.25- 5.30 5.25- 5.30 5.30-5.35 5.30-5.35 5.35-5] 40 5.25-5.30 5.20-5.25 5.20-5.25 5.20- 5.25 6.20- 6.25 5.20- 5.25 COTtON SEED OIL. Following ts the opening and closing of the New York cotton seed oil market: Opening. Closing. May 6? July September. •••,.. October November. ,..••• December. ..•••« Closed quiet WEATHER FORECAST. Louisiana—Showers and warmer tonight; tomorrow probably showers. Arkansas—Showers and warmer. _ Oklahoma and Indian Terrltory-Rhowers and warmer; Thursday probably showers In east. East Texas (North)—Showers and warmer; Thursday probably •bower*. East Texas (Fonthi—Probably showers. West Text* tNorth)—Showers nnd colder; Thursday partly cloudy and colder. West Texts (South)—Portly cloudy, prob ably showers In the east; Thursday gener ally fair. North Carolina—Partly cloody; probably Eaat Florida—Partly cloudy; probably showers. West Florida, Alabama aud Mississippi— 8howers. MONEY AND EXCHANGE. ninety days 40474; six months 4T4<e*%. Posted rates: Sterling exchange 64.8440 4.8774. with actual business In bankers' bill# at 34.867504.8680 for demaud and 34.83500 4.8960 for sixty-day.bill*. Prime mercantile paper unchanged. Bnr silver In London l-16d lower at 311-16d. New York* bar silver 67%c. Mexican dollars 52c. 8HARP PRACTICE EVIDENT IN TUESDAY’S MARKET. New Orleans.‘May 29.—Tho Times Demo crat says: "There was some evidence of sharp practice’ in yesterday’s cotton market. A fow operators seemed to desire a decline either for the purpose ©f covering short in terests or to enable them to get In again fit a lower figure. Any way, some rery queer telegrams came from New York, which nt time* scared off support. Tho tenor of the government's weekly crop weather bulletin did not harmonize with the flood of private advices received during the past few days, and while the talent strenuously maintained the correctne* of low condition report views, there was a well-defined respect for cautious operations pending the- receipt of the bureau report next week. Under the law the weather man cau not report the effect of the ele ments on the growing crops, while tbe pri vate reporter may. Low temperatures la some sections of the belt caused comment, but little fresh buying power. Local spot men reported some activity. On the whole there was little'in the* market to inspire a spread of bearish views In so fair os sup ply aud demand problems nro concerned, other than a’qulto logical Improvement lu the bad crop altudtloo with more seasona ble weather in some sections.'’—Hayward, Vick 4s Clark. THE LONDON 8TOCK MARKET. Anaconda .. •• .. Atchison .. ...... .. ., . do, preferred .. •• .. . Baltimore and Ohio .. — • Chesapeake and Ohio Chicago and Great Western. Canadian Pacific Erie do, preferred •• .. .. .. • Illinois Central Kansas end Texas do, preferred Louisville and Naehvlllo w. Mexlcdn Central preferred .. Norfolk end Western New York Central Ontario and Western .. •* . Pennsylvania • Rock Island •• •* • Reeding .* •• • Southern Pacific .. ». . Southern Railway do, preferred St. Paul Union Pacific United States 8teel .. •• - o, preferred Wabash, preferred 2 pm Clot 167U THE AMERICAN AUDIT COMPANY Home Office, 100 Broadway, New York City. F. W. LAFRENTZi 0. P. A., President. C. E. Manv.aring, .Vico Prosldent, Theo. Cocheu, Jr., C. P. A., Sro. «nd Tnot- BRANCHES ATLANTA—Fourth Nat'l Bank Bid* CHICAGO—Marquette Building. PHIL ADELT. HA—Bellevue - Strut ford. SAN FT.ANCISCO—Bolden Building. NEW YORK—Waldorf-Axtorla. BOSTON—Exchange Building. WASHINGTON—Colorado Building. NEW ORLEANS—Hennen Building. BALTIMORE—Fidelity Building. LONDON. ENGLAND—4 King Street. Cheapxlde. AT_ANTA BRANCH 1015-18 Fourth National Bank Building. 0. B. BIDWELL, Resident Manager. Telephone, Main 872. ' Cable Addrexx, Amdlt, N. FRANK HAWKINS, rre.I.lent. _ , „ II. M. ATKINSON. VTrafra.IU.lit. THOMAS C. EBWIN. CaiWer. JOSEPH A. M'COBt), Vkv l'ra.IUval. “ ~ ' L. r. 1% - v 40, v , ... It. W. BYERS, Asilxtuat Caxtiier. Third National Bank Capital $200,000.00 Surplus and Profits $400,000.00 Directori: OB. A. W. CALHOUN. MILTON OABGAX FRANK HAWKINS. J. H. NUNNALIT, 1. CAMOLL BAYSE, K. B. HOSSEB. llAVID WOODWARD. ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AMD AUDITORS Empire Bundin'?. • Bell Phone, Mail) 8i& ATLANTA. GEORGIA. - I