Newspaper Page Text
ST - ; ■ - - * .
THE ATLANTA QEORGIAN AND NEWS.
•'iilDAY. jcly s. 1 wr.
COTTON STEADY
York July 5.-At the opening this
the loeaJ tptton market displayed n
First prlcra were 6 point.
•M# "' point, lower. Trailing wn. not
JSS? The P Kngll*h market ruleJcompare-,
•eure- *»'* t bo holiday. Weather
SSdftktMd& not .how wuch change from
jee recent fnrorahle n'erage.
, bP New York market future, opened
ifter the holiday at unchanged price, to
“ n t ivernoot "waV alfghtly better than ex
o'i.rPnt the openfug. but declined dur-
the early »ei.lou. At the low point.
*“Inning and short covering turned tile
Set upward, the clow being etrady 6©
fwbits tfhovo the closing on Thursday.
The following I. the range to the .CUT.
months in Uverpool today:
jamutry-February ....6.57
NEWS AND UOSSIP
of the Fleecy Staple.
July
.0.94
W*
7.00
0.98
IsOW.
6.56
6.03
a.m
were advanced 1 point to 7.81 for
“^e ‘IKnee " ° riverpoel'&d a stlnm-
indue effect on me nr. ...... .w........
kfiMthe opening price, worked steadily
ufivnni; a u VO nee. of aotnc 10 point. »hotv-
itlt? nt midday. * . ,
At the close the market waa quiet and
Steady net 1 point lower to 4 points
higher.
Movement Into SlfhU m ^
'll 'jb
foinparatlve receipts nt all U. 8. ports:
Set receipts Friday 2.140
Same 'lay hist year 4.«M
Iteereose A™
Total receipts for the week 13.601
Same week Inst year 28,406
premise •••••“•<*»
Total receipts sines September 1....9,772,78;
Same time Inst year J'SS'SS
Increase z.iih,*#
Estimated receipt* Saturday
m
730
m
641
New Orleans 222 J'
Galveston WO t
Houston 300 *
Movement ot Atlanta:
Receipts Friday 7
Fame day last year «
Pecrense 42
Shipment. Friday 260
Slime tiny Inet year 211
Increase 2*
Stock on hand Friday 4.203
Some tiny last year 1.JSW
Increase 2.wo
SPOT COTTON MARKETS.
Liverpool, quiet; middling uplands 7.31d.
Atlanta, steady; middling -1844. „
Now York, steady; middling 13.50.
Np\v Orleans, steady; middling 134-
Augusta, steady: middling 13%.
Savannah, steady; middling 12%.
Memphis, steady; middling 13c.
Galveston, firm; middling 13%.
Charleston, nominal.
Wilmington, nominal; middling 13%.
Norfolk, tlrm; middling 13%.
St. leouls, steady; middling 13c.
Boston, steady; middling .13.50.
Baltimore, nominal; middling 13%.
rhllndelphln, steady; middling 13.<5.
Special to The Georgian.
1 Front Hayward, Vlek A- Clark.)
New tors, July S.-J. H. Bnrhe fc Co.:
Liverpool was due to show on the local
closing Wednesday n decline of 5 to 7
HJSJJs Opened^ this morning quiet at a
£ t !, r in n .i. °iT* ^“t udvance over yesterday*#
J-.Uffllsh close At 12:15 n. m. was quiet Imt
•teadyt “ft 3% to 4 points lower ns com-
wired with Wednesday's close. Knots quiet,
11 lower thou Wednesday; mldullng. 7.31.
bales today 8,000, American V.3W; speculntl
” 000 eX|K>lt * 8IW: ,u, P orf8 * 11.000; America
X4v*rpm4 slightly l>etter. Weather con
dition* fair. Much realizing on recent ad
vance. Might cause set-hack on technical
market conditions alone, hut would advise
buying fn any decline, for we believe prices
will ultimately advnithe farther.
A Liverpool cable says: “Absolutely fea
tureless market."
Cotton opened without feature, ntaut ai
expected. l)lck Bros. tausbtVJanftarv. A
feature waa selling of Dccemtar of ini hey.
. t nftort market acorns to hesitate, mid we
tnink the decline lias extended far enough.
Market steady on nhsence of rains In
west Texas and sellers scarce. Bull pool
mnv tty to (Unrest) It today to buy on, hut
It is not n market to sell.
New Orleans, July 5.—liny ward, Vick A
Clark: Liverpool now somewhat easier.
W hue the market should he bought oi
weather outlook, think New York mills
•old out considerably and are working for
further decline to get In again; therefore
the market Is very uncertain.
Market does not look exactly right. Ad
vise caution. Think further reaction not
Impossible and a better opportunity to buy
may he offered.
Corpus Chrlstl reports first bale, and
says It Is twenty days ahead of auy pro-
vlous year.
Houston. Tex., wires: "Mr. Parker, sec
retary of the Fanners' Union, Harris coun
ty. soys: ‘It (s certain that the condition
of the cotton In this county Is not more
than 25 per cent of what It was this time
last year. Of course there Is time to make
good, hut crop cart hardly do so.‘ "
Galveston wires: "The first hale of this
year’s seed cotton
today,
ty."
The big fellows have sold out on the ad
vance ami want to get hack cheaper. Hulls
fighting the market. Unless weather Is dry
In Texas over Sunday, fear the market will
he sold down. Very dangerous and uncer
tain.
Montgomery, Ain., wires: "Dlrrolngham
to Montgomery eottou 2 to 4 Inches nigh;
irregular, thin and poor stand. If Alabama
Is criterion to crop, would not make 9,500,000
hales this year."
Caldwell, Tex/, wires: "There was n
slight shower Inst night, hut not enough
to do any special good. The cotton Is
In very had condition, the stalk being only
6 to S inches high In many places. The boll
weevil Is reported ns very numerous In
ninny sections of the couuty, anil doing
S reat dnmago to the already scrubby and
war fed eottou crop. Prospects are exceed
ingly gloomy."
13%.
Loul.vifie/ steady; middling 12%.
Cincinnati, nominal.
TODAY'S FORT RKCEIPT8.
The following table shows receipts at tha
New Orleans. .
Galveston. . . ,
Mobile
Savannah. . , ,
Charleston. . , ,
Wilmington. . . .
Norfolk
Baltimore. . . ,
Boston
Philadelphia. . .
Brunswick. , , .
Newport News. ■
Total
46X1
INTERIOR RECEIPTS.
Tbit fallowing table shows receipt, at tbs
Houston. .
Augusta. . .
Memphis. .
Bt. Lulls. .
Cincinnati.
Total.
HAYWARD. VICK A CLARK'S
DAILY COTTON LETTER.
Ni*w Orleans, July I.—Liverpool ts very
in . v n V'* *P°t sale* are much larger than
iv 1 week, hearing out recent cable new*
that mills had drawn so much on their re-
jw'rves during the May rlsa in cotton that
they are n,.w forced to come back Into
thi* spot market. On our side, things were
wunou-jiat uncertnfn this morning. It should
r'!' k"n.. up, and disposition was toward
Wv J* 0,1 the unfavorable weather out-
took Indicating another heat arell for Tex-
t ’k i .there was disquieting news of n
iofnn11-al character from New York, which
cheeked support. The lending hull Inter-
sin nre reported to have token profits on a
••T/ke whje, and would not object to see
{he ration go further to replace. With
narn.onlnua professional support, dull and
8 markets are not Improbable nnd
advisable. Our market opened
Minr-uhst easier, followed by a spurt of 8
H" 1 .* °* the steady Liverpool and some
«,!*/! f . buying, but liquidation could be
ShL ‘l! 1 0,1 bulges. Weather conditions
p," 1ln *r the past twenty-four hours were
favorable. Tempera turps were
fair weather pre-
—.Ted along the At-
senttered points In
“ »" mucB warmer, however, over
Ir i « l and high temperatures
are bring Justly feared. This outlook saved
i. tunrket during the morning session. It
Is nuipt „t thtf mf>ment| -nd n wnirtng
mltuclw. Devine and Curpu* Chrlstl, Tex.,
first ftale, the hitter from seed
this year. Crop correspondence
central and eastern Texas Is un-
uoabtediy more cheerful and hopeful. Hbow-
L;* r,0Q oy weather has worked Improve-
rh U "™una rne opening with prices un-
n.uig, ,, | to 5 points above Wednesday's quo-
n .' 1 . Wrarpaol came slightly better than
i , *• °n4l there wns renewed buying by
SS '" tw *®*ta and tho South on the Idea
t!r, 1 .t"® reaction since- the bureau report
sLlif. a Jj** n out weak longs, and teob-
bo.uiv the market was In a stronger posl-
n in cottw-qu^n^ Weather over the.boll-
JSfiilKi fnv '»rable, the forecast was for
thM Imm Koort ^wlng condition* and fur-
i P rov *me n t In the crop aitnatlon wns
J22SS?i f ? r ' Mt * r In'e rally, prices
n. « «*ntlrely to the Isck of burl-
*< rather than liquidation. Reports Indl-
sn i Boreas in Arkansas. Oklahoma
***&*• state#, but In Texan
M b< ’ t - I,|1CPS '> ulr * »“>> 0rm
ATLANTA MARKETS.
FRUIT AND PRODUCE.
KCG8—ArtlYa. 17011c.
LIVE l-OCLTHY—Hem, active, 3503714;
. hickena (trie,) 12402'Hc. Dackn, l'ekin.
80c each; pniUlle, 25c each. Turkey! dull,
"drEsSe'd POULTRY—Turkey^ drawn,
active, 16017c pouod; frlM, active, 25030c
pound; hcua, 14c pound; ducka, drawn,
Fnucy, 16c pound.
PRODUCE—l^ird, 12c pound; ltnma a.-
uve 16c pound; ahouldera active 10(11 If
S aldea active, 11c pound; butter anil;
pound; heeawax active, 25c pound;
bright, active, lie pound; honey In
1-pound blocks active, 1244c pound.
FRUITS—Lemona, fancy Meeeeim, »5.01S
15.25; bananas per bunch, culls active, *1.00;
etrnlgbte 844 ente par pound; plncapplen
Florida atock, 8X0003.50; orange, Califor
nia itock, per box. 84.60. Florida hon
ey paachca. 82.750153 per crate. Grap,
frult,Flortde atock, owl nr to alia an!
color,
6f«" di d^' °CtU - T^VSc: "dried
peaches. 1144c; pruuee, 6®744c: cantaloupe
fe.0OS2.60 crate; wntermeloua, 10015c each;
Georgia peaches. 82.00 crate; blackberries
1244c; rhnnarb. 60075c hunch.
VBOTABLEN—'Totaatoea are active and
aelllng nt 11.6001.75. Potatoee, new, 83.00
03.25 per barrel. Oulonn, Ioulelana, 81.75 per
huehel: Eryntlon. 444c per pound; cel
ery, fancy, 8X600X25 crate; peppcri, rtow.
11.25 crate: oknt. etx boekete. email, 8X00;
kraut, hali barrel, 83.75; cucnmbera, 81.250
1.75 per crate; egg plant 81.8601.75.
QR0CERIF.8.
RICE—Jap 50544c; head 6®7c; fancy head
14407. according to the grade.
CHEESE—Fiacy full cream, IS cent*;
Jeorgla cane ayrup, 88 centa gallon; aalt,
OO-pound, 50e; axle grcaae 11.75; eoda crack-
era 644c pound: lemon 7c: nygter 7c; bar
rel candy, per pound, I44e; mixed, per
pound, 644c: tometfH-e, 2-pound, 8X00 caie;
•pound, 82.tS; navy beana. 82.40: Lima beana
c; beet matebea. par grow, 8L85; macaroni,
64fi-H7<- pound; aardlnea, mustard, 8X25 caee.
TjUGAR—Standard granulated, 8Vie; New
WKihWteSuHh; hulk in
ySrcdded 1 wSSnltjSl* <5£; ll >'o*^^llcdpat ,
8X25 caee: aack gnta, 96-poand baga, 8L»;
Mitere, full weight. 82 caee; light weight
II10 caae; pepper, 18c lb.; Inking powder at
ceae; red ailmpn. 86 caee: plnk aafram,. KJt
ceae* cocoa, 40c; chocolate, 88; straff, 1-lb.
lari 48c: roaat beef, 82.60 caae; corned beef.
12 60'caae: cataup. « » -iron v.w n,.
leiina. 86C gallon
Edited by
Joseph B. Lively
Mr. Lively*# twentyeflvs
year#' experience of ed
iting market# In Atlanta
and the South has made
him a rocognlzed au
thority In hla #pec!altr.
TIPS FLASHED
From Wall StreeL
RA^IGE OF NEW YORK STOCKS AND COTTON MARKETS
it a mr of errors.
Amal. Copper.„ ....
Am. Ice secuntin*. ..
Am. Sugar Refinery. .
American Smeltlrtg...
Am. Locomotive/ , r .
da preferred. . . .
American Car F. . . .
American Cotton Oil. -
Anaconda. ......
Atchison
do. preferred. . . .
Atlantic C. Un*. . . .
Brooklyn Rapid T. . •
Baltimore A Ohio. . •
Chesapeake & Ohio. -
Canadian I’aclfle. . ..
Chicago A Alton. . . .
Consolidated Gas. . •
Central Leather. . . .
do. preferred. . ..
Colorado Fuel A Iron.
Corn Produce
Colorado Sonthefn. ...
Delaware & Hudson..
ptnvtr a lllo Grande.
Distillers' Securities..
Eri*. ........
do. preferred. . . , .
General Electric. • . •
Great Western, ....
Great Northern nfd. ..
Illinois Central. . . •
Interboro. .......
do. preferred. . . .
Kansas A Texas. ...
%
NAME OF STOCK.
Louisville A NnshviU#.
Missouri Pacific . . .
Mexican Central ... .
New York Central . .
Northwestern . . . . .
National Lend ....
Norfolk and Western .
Northern Pacific . . .
Ontnriou & West.. * .
Peuusylvsnla .....
Repot). Iron & Ste
do. pref
Bout-hern Pacific. .
Southern Railway.
do. preferred'
St. Paul ........
Teuu. Coal ana Iron .
Texas Pacific . , . . .
Union Pacific . • . • .
U, B. Rubber. ......
do oreferred • • .
V. ti. Steel ......
do preferred . . • .
Western Union . • . .
Wabash ........
do preferred . • . .
Wisconsin Central. . .
do preferred . . .
t
1
93%
Bpecini to The Georgian.
, (From Hayward, Vick & Clark.)
New York, July 6.—J. 8. Bnche A Co.i
London market % to. % above parity. Amal
gamated strong. Cousola off J-1W.
Tho Japanese question comes Into more
prominence this morning. The newspapers
give good deal of Hpave, and in some gases
are frank enough to say tho object In send
ing the battleships to the Pacific can hare
only one mennlug. It Is doubtful If this
vlll have any effect on prices.
lanvaon la out with an nd. this morning,
and predicts great things for the market,
despite Wall street’# Indifference. The crop
anil financial news Is of renaanring kind.
TUere la no doubt that there Is a powerful
clique behind the market, and they have
»w— n intir ability during the peat week,
are Inclined to thliik *lt Is the Rock
* in
that stoclr’la at yt s
turned to the bull side for the present.
Look .for higher market today.
Market doing better today.- Stock# could
be advanced without much trouble. Earn
ings are enormous. __
New York Financial Rureatr* Bullish what keen observers' were’ most Tinpreasci
P®_ r . otl<,,l * . ar ? lively to be continued In the with waa the strength of a market sltun-
stock market today along oouaervatlv-
lines. Ihe present policy, as near as we can
learn. Is to manipulate specialties and to
give frequent recessions.
Amalgamated Coppers
taken the 9T level offertn
specialty up eonstde
non of consequence. ...
Paul favors a rise of material extent from
these price*, as opposition boa evidently
been withdrawn for the present. Reading,
If it take* the 107 offerings completely to
day, should be able to do milch better.
Union Pacific and Southern Pacific meet a
little profit-faking, on slight luUge*. but It
can easily l>e pushed through If It suits the
Insiders. The same may be said of Smelt*
ing, with the checking^continuing around
120. Anaconda should aympnthlxe with
Amalgamated, being bought for foreign ac
count. The trend of Atchison, Brooklyn
Rapid Transit and Pennsylvania continues
Doth Northern Pacific and
-Ex^l'vld.^ jg per cent.
•fex-Mvbland jl.ts per afcarel
realizing
NEW YORK.
♦urea tn New
today!
Closed quiet oud steady?
LIVERPOOL.
give tb# opening range,
in pa red with yesterday.
Z p. m. and cloae. coi,
Futures opened duL.
Opening Prevlou#
* Range. 3 p. m. Close. Close.
July <LH «.M «.W% €.9^%
July-A ug.... 6J2 6.99 6.89
Aug.-Sept... 6.80%-6.82% 6.83% 6.88 6.79%
Sejt.-Oct... 6.72 -6.74 6.74 6.78% 6.^1%
Feb.-March.. 6.R7
NEW ORLEANS.
The following Is the rang#
tures In New Orleans today!
■■■12.43-46
J2.34-35ll2.40-4
12.40-41 12.46-41
12.46-46 12.51-63
12.60-62112.65-68
NOTES ON GRAIN.
Pointers on Provision*.
inra 48c: ro.il neer, raw; corneo over.
Ix«' ca»0: c«t«up. 11.80 raw .Inin, New Or-
lean, 85c itillon; corn, 80c (.lion; Cuba
rop *'
PROVISIONS.
# 5rasrssssi? , ft , SBW:
gKa.n&JS.rsy r&:
8.85.
FLOUR AND GRAIN.
® Si:
&rV*o*T:«; rc;
' oaT*—Ko-'2 whit*. 60c: So. 2 rolwo, 50c;
Goltlen C«t». 59c; n-hllc cllppnl, 6!c.
U MEAL-PI*4lf P* r “-'Ira. 76c; a
pound sack., 77c; plain, 20 pounil nek., 79c;
8 HAY-TlmotliT. choice Inwe helee, 81.40;
*Ti*35 ; N». *. '>nc-tlljrt fmBt
81A0; fluey. 81.45: brown, t>0 to lOO pound.),
40c. Brand 8L85.
m-Brcnrn 7c nonnd; -nipper 10c
„„„„,1; trout 8c pounil; blue flib 7c pound;
ponipnno. 26c pouwl: n«ckerel. l244e peMil:
mixed Deb, 8c pound; freeb water trout, 8c.
DON’T GET LONESOME
when away. Just order The
Georgian and News. Sent to
your new address daily. You
will have a real vacation if
you do. 45 cents a month,
10 cents a week. Phone 4928
or write circulation depart-
News. No trouble to change
ment, The Georgian and
address.
HAYWARD, VICK & CLARK,
COTTON, STOCK8, BONDS, COFFEE, GRAIN AND PROVISIONS
Carondelet anti Ongrtjc 68a, New Orle.ni.
MEM te^ssffjarsBe5«d5r«s3
Araoc^l't/ jlrnSri U”rpdil Colten IWi
fni Cotton Ev-hcnje.
£; ..}.i k _ c °tton Eicliin«e.
tr.',' oa „C»' , « Exchange.
°kitoo Cotton Eielmnue.
Cotton Exchange.*
, _ _ New York and Chicago Correspondents.
A •. BACHE A CO., AND BARTLETT, FRAZIER A CARRINQT088.
PRIVATE WIRES TO ALL. PfllflTfc
Hpcclnl to The Georgian.
(From Hayward, Vick A Clark.)
Chicago, July 6.—Bartlett, Frazier & Cart
rlhgton: From the action ot the coble# we
should judge tlmt the EtigHah market wn#
beginning to get somewhat nervous about
getting future supplies of wheat, oud It
looks ns If we were destined here for high
er price#, but should not advise loading up
with any great quantity of wheat.
Do not see much rensou for further ad
vance In prices on com. Foreign markets
nre being freely supplied from other coun
tries and conditions in this country nro
growing more favorable. If we have good
weather during July nnd August we are
more likely to see a decline than au advance
In prices.
Provisions lifeless.
Chicago Record-Herald; R. F. Cummings,
who operates seventeen elevntore In Illinois
nnd Is well known In grain circles through
out the state, holds the opinion that the
shortage In tne oat# crop of Illlnol# this
year amounts almost to n calamity. "I
drove nil day Sunday nnd hardly saw a
field that wna not thin, spotted and gener
ally unhealthy," he said. "My observation
wns precisely In line with the reports that
keep coming to me constantly from men
In other sections lu whose opinions I have
Implicit confidence. Some hold to the be
lief that bugs have affected the oats, others
that they were chilled or otherwise affected
by the unseasonable weather changes dur
ing the early spring. No matter what the
cause, however, the oats now speak for
In my opinion, th# grain trade must prepare
for a year of wild opeenkitlmi. 1 found
more Interest In grain—wheat In nartleulnr
—In Europe on my last trip orer than I had
ever seen before, nnd tt appear# to me n#
though the world wns taking more Interest
In foodstuffs than usual. It Is the off year
lu production that Is stirring everybody up,
and each crop as It cornea along seems to
meet some unexpected ndverslty.
•The trade la bulling corn, aud nil seem
anxious to b»y It." said F. P. Frasier. "I
think the government report Issued July 10
will show a rather low condition, perhaps
almut 85. but it will *how n v*rr largely
increased acreage, probably 2,600,(XK) acres,
so I lielleve tmrt the Increase lu acreage
will make up for tho low condition, nnd In
dicate a crop of about 3,900,000,W0 bushels.
If we have plenty of rain and moisture the
August report wlU show 6 point* better,
which will give us a larger corn crop than
Inst year."
Ruuisey A Co., trsTellrut representatives,
reported very unsatisfactory condition of
onta lu ceutrnl and eastern central Illinois
and western Indiana. Where there w## an
occasional poor field some time «yjo there la
TRADE MODERATE
II WHEAT OPTIONS
September Started a Cent
Higher, Advanced and
Then Reacted.
WEATHER REPORT.
WEATHER CONDITIONS.
8T. LOUIS CASH QUOTATIONS.
44’hrat—No. I red winter 9644
Corn—No. 3 54054 1
Onu—No. 2 4444
nothing hot poor lleliln now.
report.
George Fuller wired from PortnL N. D.:
"From Mlnnenpoll, to the North ltnkotn
lino wheat and oats on* tine. Very little be
hind. Southern part of Notth Dnxotn poor.
Bnlnnee fair to very good. Ten dnya to three
week, behind loat year lu growth. More
flax Ilian iiiiml seeded lu North Dakota.
Looking line. Weather Ideal."
"Don t think Manitoba can ralae over halt
• n average crop unions we get good ralna st
once," said a prominent Winnipeg grain
man. "Snakatehewan has nrnapecte for nn
average crop. If the reason Is lnte enough to
let It ripen, we huvo hid plenty of rnln.
I'rnps looks good, but three weeks late.
Threa states hare prospect* for an grange
crop with beat weather. Rain 1* needed In
tho weetern Dakotna."
Fatrhank estimates .
of turd show, an Inerense during Jmte of
45.370 tierces. Agtrreeate It now 339,239. ns
Chicago, III., July 8.—Wheat closed
11-8©1 l-2c lower and 2 l-2c below
beat prices reached. Corn l-4@J-8c to
S-8c off. Oats S-8@6-8c higher. Pro
visions 5015c better.
The market for wheat wan a choppy
affair with ahortn and Inveetors heavy
buyers early and free taking of proflta
by longg on the bulge. The feature of
the day's news was the report from
Duluth that 225 boat loads of wheat
had been Bold there over the Fourth,
total of 1,800,000 bushels. Only part
of this enormous business was con
firmed. Thero was an Immense amount
of bullish nows on wheat, and It wns
made the most of, but the outside trade
was not of large enough volume to
carry the market upward and keep It
there against tho enormous Eastern
selling, nnd the latter was by a single
house—an Eastern and Chicago house.
Professionals were buyers early, but
they sold late. The East sold about
200,000 bushels of wheat. Foreign
news was extremely bullish with mar
kets over there much higher.
Argentine shipments were much
smaller at 1,184,000 bushels. A re
duction In Import duty is promised by
Spain.
Corn was active and oats enjoyed a
big trade with both cereals unsettled.
The provisions list was slow and a
little easier. Packing tn the XVeBt for
the week was 585,000 hogs.
The Modern Miller In its weekly re
view Is rather bullish—so construed by
the trade.
COTTON SEED OIL MARKET.
.. §r;
July
September. . . .
October
November. . . .
December. . . .
January
riiuwxl steady.
Following were the cotton aeefi oil antes
for tbe opening And cloae: 106 December at
41V 100 ticptemlier nt 67, MO November at 44.
“otnl mien 600. %
CHICAGO CAR L0T8.
Wheat.; .. .
Coru
Oats
Hogs, bead..
THE LIVERPOOL GRAIN MARKET.
_ Honed unchanged to % higher.
Coru % higher iml nt lrJl p. in.
% higher. Ckwed % higher.
NAVAL STORES.
Special to The Georgian.
.STJEfcaa '&r u r'""
■train firm; sales 8J79; receipts 2JM:
window glass 85.95; water white 85.75; M
6 *6; K &*K K 85.,); I 85.06; II 81 MH; O
87441 f 84.85; E 84.99; D 84.25; C B 83.7TH.
CHICAGO GRAIN MARKET.
— . are as follows, compared wltn
yesterday’s dost;
_ _ Previous
Open. High. Low. Clots. Close.
fc- 1
CORN-
July....
97
10014
106%
10144
L I I
UAi*-
m.& sis
ss
102%
64
Sit
ftiBi-*-**
July... 8.1244
Sept... 1.7244
1.80 8.80 8.80 8.80
1.0344 8.9* 8.96 9.00
m iff* im m
MODERN MILLER CROP OUTLOOK.
St. Lout#, Mo.. July 5.—The Modern
Miller estimate* on the average yield
per acre of winter wheat furnished by
millers In the principal producing
states show that by comparison with
la*t year’* yield and figured on the
haste rtf the acreage to be harvested,
as estimated by the government, the
crop In Missouri and Michigan will be
about the same as last year. Illinois
8 per cent larger; Nebraska, 10 per
cent smaller: Indiana, 16 per cent
emaller; Ohio. 20 per cent smaller;
Kansan, 25 per cent smaller. The Kan
sas crop in estimated at about 60,000,-
000 bushels. Oklahoma can spare a
small amount for shipment out of the
state. Texan must import for milling
and seed requirements. The movement
win be two weeks later than usual, and
a great deal will depend upon the price
whether wheat will move freely or oof.
The pressure Is low nnd flat over the en
tire country cast of the Rockies, while an
area of high pressure Is central over ..tha
North Facile stite*.
Clear weather prevails In most sections
but showers have occurred In the last, 3"
hours In the upper Mississippi volley nod
the southwest.
f High temperatures are reported In I
Dnkota, Nebraak# and Mlasouri. Over the
South it la nl>ont Reasonable.
The prenent Indication# nre for partly
cloudy weather In thl# section tonight and
tiuturday, with scattered thunder showers.
COTTON REGION BULLETIN,
merldlau time, July 6,
STATIONS
ATLANTA
DISTRICT.
•Atlanta, dear. . . .
•Chattanooga, clear.
Columbus, p. cloudy.
Gnlnesville, clear. .
Greenville, elenr. . .
Griffin, clear
•Mneoti, clear. . , , .
Montlcello, p. cloudy.
T«»ccoa, clear. . . .
West Point, clear. . . bj w tW
•Minimum temperature nre for.12-bo
d « v
period ending 8 a.
Atlanta. . .
Augnxta. . ,
Char lea ton. .
Galveston. .
Little Rock.
New Orleans..
Oklahoma. . .
Savannah. , .
Vicksburg- .
Wilmington.
DISTRICT AVER AO EH.
Max.* Min.**
Rcstea inappreciable ralufull.
iy. ••Tor 24 hours eudtng I
rldlan tlmt.
-Jgl
districts. Clear weather prevails this uioru-
ing over the entire belt.
WEATHER FORECA8T.
. artly cloudy tonight nnd Sntui
nv, probably occasion showers In southern
ortioii; light winds, mostly northeasterly.
North Carolina and Houth Carolina—Part
ly cloudy tonight nnd Bnturday; light to
fresh nortUensterly winds on the coast,
eastern Florida—Local showers tonight
id tfatnrdsy, except fair in extreme south-
■n portion; variable winds.
Western Florida, Alabama and Mtsslssl:
pl—Fair tonight nod 8aturday; light nortl
eAst to cast winds.
West Virginia—Showers tonight and prob-
_!>ly Saturday; warmer tonight, ------
unlay In western portion.
Louisiana—Fnlr nnd warmer.
Arkansas, Oklahoma. Indian T ...
East Texas (North)—Fair and warmer.
East Texna south) and Weat Texas (north
and South)—Fair.
THE LIVE 8TOCK MARKET.
Chicago, July 6.—Hogs—Receipts 20.000.
Market steady to a shade higher; light IS JO
66.12%: mixed 85.8006.10: heavy 85.4006:
rough I6.40fc6.70; pigs *5 40^6; vorkers $6.06
06.12%; good to choice heavy 96.9006.
Cattle—Receipt a 3.500. Market strong to
10c higher ivesh* 94.j5f, 7.30: cow# fl.7M&2S
heifers f2.*Htf.W; calve# 1507.25; good prir
•teera iT&XiTTsO; poor to medium 94.1506.
Stocker# and feeders 12.9006.26.
Sheep—Receipt* 10.000. Market steady;
native $406.17%: western 9406.17%; *
$6.6007.75; western 95JO07.9O.
THE METAL MARKET.
New York, July 6.—The metal market#
cob tinned *xtremeTy active, with price#
practically unchanged.
L. H. Fairchild. Establish ad 1835. 8. J. Whlta.
L. H. FAIRCHILD & COMPANY,
NEW ORLEAN8.
Member**
New Orleans Cotton Exchange, New York Coffee Exchange.
New York Cotton Exchange, New Orleans Heard of Trade,
K#w Origan* 8rock Exchange. Chirac* Hoard of Trade.
LIVERPOOL COTTON ASSOCIATION.
Private Vires to NEW YORK and CHICAGO. Orders solicited for fntnre deUv»
•i j ou SbOT* Exchanges, 6. C. COTHRAN.
but will probably work hlghtr
rmg bullish information'continue#
to lie received on Bteel, whose technical po
sition Ih good.
The remainder of tbe actives are still In
the trading position, but with a rallying
tendency.
Town Topics: While tho outlook la for
a favorable bank atntentent, surplus re-
serve# are uncommonly low for this season
of the rear, especially Imvlew of,the pros
pect of further gold: exports, -.ft will not
be long now before Western banks will he
withdrawing v thelr balnpces here to meet
crop inovlug Aaihanda,iamf bankers ure giv
ing more attention to the probability of
tight money later on.
We believe stocks liefore long can be
taught to tatter sdvautsge, at we think
tbe short Interest has l»cen reduced con
siderably, anH/tbat a fair reaction In view
of the uninterrupted advance Is likely to
ocetir. Possibly bullish operation# may de
velop In specialties, particularly In tbe
Topper stocks, which nre selling very low
In view of their earnings and undivided
profit*. Even the prospects of lower price#
for the metnl should net bo construed ns
bearish, ns the average return nnd splendid
earnings which have been piled up were
made on a considerably lower basis than
ONLY FEW ISSUES
New York. July 5.—The principal fac
tor In the stock market today wns the very
positive signs of relaxation In local money
conditions. Owing chiefly to the tand re
demption payment*, the banks have gained
since Friday last $5,800,000 from the sub-
treasury. This, with the receipts through
other exchanges. Indicate a very substantial
addition to the cash holdings In tomorrow's
return of the clearing house memtars, and
the prospect of tills showing made Itself
shown In iio uncertain ,fianuer‘<tn today's
mouey market. The atock mnfg&t during
the early hours held vert strong, nnd all
the leading Issues sold Veil Above their
high points of Wednesday*. In wns again
remarked, ns baa been for A fortnight pnst,
that when efforts were made to advance
rlcee they met with ready success. No
fift r — _
doubt the speculative Interest wee still
confined to the professional traders, but
Offll _ ,
tlon where professional operations could
make such headway.
New York, July 6.—The stock market
showed some Irregularity at the opening,
f share# \
blit the liiaji
i were higher. Nt.
point, while Union Pacific wns up %. About
MONEY ANQ,E*<iHANGE.
New York, July 6.—Money on call 3%f)6
per cent; time loans nnriiAugcri. . ,
Posted rate#: Sterling ekeftaiVfce 9l.84%??>
4.6. with actual buslgess Ju bnnkers' bills
tltiq .sjagnvq m steapmq |vnp>o *ss>
for sixty-day bills,
Prime mercantile paper unchanged.
London bar silver steady 1-16 decline at
Boston, July
and asked prt . .
Electric Comimny today; 88 bid, 90 asked. I
lTeferred noue.
MINING' #j , 8cK*.' G ^
THE LONDON STOCK MARKET.
STOCKS—
Anaconda .. „
Atchison »
that now ruling for Copper metal. *
W# strongly urge profit-taking, but on any
decline of from 2<»3 points we wo«M h«* 4 hlesgo and Great Western..
nruiiif ut Hutu wo point# we pronhl buy t> nA <o..
Unlop Pacific and .Southern, Great Northern I i.”, 1 ' 11 “ nn * nc,flt ” «’%’*, U
and Nor!heVm Pacific, Amalgamated sad Erie ,* • •;•;• '.* *'
* —-—*———-• * - *—-*• *—'-|no. preferred .0 „ ,*
do, preferred .. .. .. ..
Louisville nnd Nashville .. ..
ana • .Northern, raeitw,. Amaignmateo/ and ••
ftM,. I ’ n " 1, H, ^" nE " u " I '°'" ,vma niinni. p <VMfr^..:: •;
The profit-taking movement* In ootten |* I KfiJ* 1 * and Texas j.
to _fartb«r^nnd moderately , ** ”
-jrtL.
lower price# will prevail, but on any decline
of 10 points or so wo consider cotton a buy
for a pull,
WANT LEGISLATURE
LEFT FREE TO ACT
IN DUCKTOWN SUIT
Speelal to Tbe Georgian.
>4 KlUlay. iGfl,. July fiirrA larg;c ; mju«
mpetlnir of citizen* yesterday wai ad
dressed by State Sonator J. L. Weaver,
In which the Ducktown Copper Compa
ny was censured for circulating a pe
tition among the people of the county
seeking to compromise th* smoke die
turbance.
A strong resolution was signed by
leading citizens asking the legislature
to leave the settlement of the "smoke
suit” to Attornoy General Hart and the
preaent commission, who havo so ably
conducted the case.
BANK WRECKERS DUE
AT FEDERAL PRISON
The Federal prison In Atlanta will
hold five men found guilty of complic
ity In wrecking the Enterprlee Nation
al Bank of Allegheny, Pa
A dispatch from Pittsburg Friday
stales that aentences were Imposed by
Judge Ewing, In th* United States dis
trict court, on Teller Thomas W. Har
vard, Individual Bookkeepsr Alston,
Assistant Teller Mensmere and Lemart
S. Cook, tb* real estate dealer, convict
ed of aiding and abetting the suicide
cashier, T. L. Lee Clark, to abstract
and misapply funds of fhe (Jsposltory.
Edward P„ McMillan; S) 1 * (teoorsl qlerk
of the ruined bank, pleade guilty to
trregularltlee. Tho sentence* range
from fir* to eight years.
Norfolk sml W<
Now York Central
Ontario and Western
IVnnsylvnnfa
I’liblailelphln and Reading ..
Rock Island .. *. .. .. .. ..
Southern Pacific
Southern Railway
do. preferred ..
St. Paul
Union Pacific
united States Steel .. .. .. ..
do, preferred ,
tWia riJiw
Miss Sutton
Now Champion
London, July 6.—Miss May Sutton
today won the woman tennis champion
ship, defeating Mrs. Chambers, 6-1.
6-4. Earl Behr and JleaLs. C. Wright
lost the gentlemen’s doubles td Brook
and Wilding, 6-4,. a-4.6-2. Bt. mixed
double, Sutton and'Wright vf&* from
Prcbble and Miss Boothy, 6-1, 6-3.
AUGUSTA OPPOSES,
STATE PROHIBITION
Augusta, Go., July 5.—The chamber
of commerce In a called meeting today
pnased resolutions expressing the vig
orous disapproval of the business men
of Augusta against tha proposed state
prohibition bill. It t* declared In tho
resolution that the chamber of com
merce te In favor of a tayr, being en
acted governing the shipping of wills-
ky so that wet couMKs yaBiiWt send
whisky Into dry ones,., It was ordered |
that a copy of the, [rawdutIons be for- ;
warded to Governor Smith, to the
president of the senate ; and to the
apeaker of the houise of representatives.
THE AMERICAN AUDIT COMPANY
Homo Office, 100 Broadway, New York City.
F. W. LAFRENTZ, 0. P. A., President.
C. E. Manwxrlng, Vie* Pre,Went, Theo. Cocheu, Jr, C. P. A, 8ro. and Treat
BRANCHES 1j ’
ATLANTA—Fourth Naft Band I 01 ®*
CHICAGO—Marquette Building.
THILADELI 7IA—Bellevue-Stratford.
SAN FT.ANCISCO—Beldcn Building.
NEW TOIUC—■Waldorf-AetoHa. '
BOSTON—Exchange Building,
WASHINGTON—Colorado Building.
NEW ORLEANS—Hennen Building.
BALTIMORE—Fidelity Building.
LONDON. ENGLAND—4 King StreeL Cheapslde.
AT-ANTA BRANCH 1015-18 Fourth National Bank Building. 1
0. B. BID WELL, Resident Manager.
Telephone, Mein 572. Cable Addrc.!, Amdit, N, V.
FRANK HAWKINS, President.
%» ATKINSON Vice-President, TUOMAS C. ERWIN. Cssbler.
lIsPH A. M COrfD. vicc-ITvaldeaf. R- W. 2IYEI1S, .4z5J*tant Cssbler,
II. M. A
JOSEPH
Third National Bank
Capital • • - - $200,000.00
Surplus and Profits $400,000.00
Dn. A. W. CALHOUN.
MILTON DAUOAN.
JOHN W. GRANT.
II. T. M’COBD.
H, .*1 , AI
JOSEPH A. M’CORD,
J. n. NUNNALLY.
J. CARROLL PATHB.
B. B. ROSSER.
DAVID WOODWARD.
ALONZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building.
ATLANTA.
Bell Phonft, Main
GEORGIA.