Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, July 05, 1907, Image 11

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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.