Newspaper Page Text
^IWUJ'I.UD I I - -'SfyWL'IPWf.L jypJ.»lIJWW
THE ATLANTA GEORGIAN AND NEWS.
iiupvju. .ppp yji a
MONDAY, JULY 8. 1907.
First Prices Were Better
Than Expected on the
Cables.
later DECLINE SET IN
At Midday the Entire List
Was Selling Sharply
Lower.
Ynr v Jolv 8.-T»> cotton market
7 to 10 point* WOTtr. «'i! lch ,'™ s
ep i. . than had been expected on tho cnMee.
n,?Fn«"«h market' first reflected liquid*.
Pf eel later became firmer, Influenced by
SfiSirt of tho Tlmen-Democrnt of New
orirtna VollowIn* tho call tho market rut
a quiet hot ateadr-
.. .he close tho New York market
steady net I to 12 points lower.
Cotnparntlre recelptt at all V. S. porta:
\>t receipt* today, July 8.•#.#.**«*..* *,82«
Pwreose t'fi*
Total rerelptl for two days
IS,!M *<>
Total receipts alneo September l....t,778.M6
lame lime I**t year 7.774.MJ
tflerMft os*. .e**.Z,UV%#t9
1907.
400 to 800
1,600 to r~‘
1900.
yew Orleans.
Movement at Atlanta: •
Receipts Monday, July
Same day Inst year «•••*••
Decrense •••*•*•
Shipments Monday, July a...*.*#***..**.?
game dny laat 3»«ar
Decreaia
S tork on hand Monday, July 8
im« day last yaar...
IncresM
SPOT COTTON MARKETS.
Liverpool. strady; middling uplandi 7.!
Atlanta, steady; middling lift.
New York, steady; middling 18.40..
New Orleans, easy; middling 18*.
Aofuita. steady; middling lift.
Inrannab. quiet; Bdddllt.g 12ft.
Memphis, steady; talddllnf Uc.
Galveston. quiet: middling if.4.
charleston, nominal.
Wilmington, nominal; middling 13ft.
Boston, steady; middling
Baltimore, nominal; middling 13ft.
Philadelphia, steady; middling 13.86.
Mobile, firm: middling 12ft.
Houston, steady: middling 13ft.
Cincinnati, nominal.
Louisville, steady; middling 12ft.
TODAY'S PORT RKCeTpTS.
The following table sbowa reeelpta at the
New Orleans.
Qalrestou. . .
Mobile. . . .
Smnnnh. . .
Wilmington. .
’487
X
" NEWS AND GOSSIP
of the Fieecy Staple.
Special to The (ieurelan,
v “JJ’,**™- Vick & Clark.)
New York. July |,-J, 6, Bach# Jfe Cot
LlTerpool w*» flu. shout 1 to 3 lowu on
10 1 tower on dl*i*nt.
Opened quiet 1 lower on near and 2 lower
•tead.*!*. a 0 ?* tSTkiili H'}? P' m. It was
•l^c'ly act l to 2)4 hitcher ill around. Snots
2SS e ** * * v ? ,n, a nlshcr; middling, 7.3fl; nlci
S.M0:apsculotlou ana ex-
'"’'’.'’t' 1 /American 1,100. ■
Uyernool quiet and hither. Tlmea-l)#m
«nt t £ fh*d'! 0 M nf l < ’ l <J ccrcnae of aliaut 10 t>eJ
{5 distinct Improvement during thd
plant amaTl. labor scarce, Vld*
*5*M> “ensctu. In Texas and
Weather ludleatlona
fair with locnl showera In Texnt; clear and
bet In Texas. We believe market will rulo
hulct and with an Inclination to rally to-
Market has gradually .lipped awar ■
!.bc alcadr clique aelllng. I'rolmhly ral.y u
It ndes through 12 cents.
JRy oneans, July I.-H«»watd, Vick &
Clark: 1 oracUt for Atlantic autea. with
t«'?b leu of seat Worlds, generally fair.
Probably scattered abowors in cast Florida.
Tlmci-Democrdt'. crop report: The acre,
age shows a decrease of about 10 per cent
2.'!i-" , L u> “ red r ,th '«t «*r. The crop at a
ruin has undergune distinct Improvement
during the month, but the plant la still very
entail almost everywhere. Jinny district,
complain that labor la scarce, list tho fln.
weather of the recent tiaat his helped the
farmer, to get tho fields clean. The boll
weevil Is very menacing In most sections of
Texas and In .several sections of Louisiana.
Tho Memphis Coinmerclel Appeal, In Its
crop report, says: "High tempsratnres were
general anil favorable to cotton. Cool nights
In the central belt were shoot tbs onlr
drawback. Some excessive rains In eastern
districts; growth general: culllvetlou good,
forwsrd. too: plants looking thrifty mol
healthy. It Is, however, universally small
and generally l»te. Southern Texas needs
rain; bolt weevil more numerous and se>
five. A few (doom, reported trout all sec-
I lions, tint they come from small plants
and are late.”
■nnractnnn, 1:0 53
1 bfdnninij preferred!! 1m
1 Cotton Mills
M
80UTHERN COTTON MILL 8TOCK8
Quotations by F. C. Abbott & Co.,
Charlotte, X. c.
ikv . Bid. Asked.
Abbeville common
Aiken Manufacturing Co
American Spinning Co
American
Anderson
Arcade
Arcadia 94
Arista
Arkwright Mills iu
Arlington 110
Atherton, N. C
Aron
Arondalo 110
Augusta, Gs
Belton ex. dividend log
Blub
Bonnie
Brook»ld COft ° n "• ** C *
Bioomtieid *!!!’.!!!!!!!.*!!!!!!!!!! 109
Capital City preferred 75
Chadwick preferred,
Chadwick, N. C ; 130
Cheswell, 8. C., preferred...., ...
Chcswell, 8. C
Clara lx
Clinton 15S
Clinton common
Clifton preferred in
Cliff side 1M
Chtquola Cotton Mills 114
Courtney 100
Converse Manufacturing Co... 112
Cherokee Manufacturing Co... 160
Columbus Manufacturing Co.
Corn 160
101
(2
INTERIOR RECEIPTS.
HAYWARD, VICK A CLARK’S
DAILY COTTON LETTER.
>rw Orleans. July 8.—The Tlmes-Demo-
cnt'i report was about as expected. It
«>« around 10 per cent decreaso in acre-
•r ami conditions much Improved by re*
wnt favorable weather. The markeu
**re lliflo affected by the report, or *
to tho circumstance that some ralni
wr night In south Texas, and that pros
it* are for showers generally In the west-
* ,B half of the twit. 80 much depends on
ravnrahle weather conditions, that when-
«n*r they occur, the markets submit 1m-
Sa^Wy to them. In fact, U Is not
ltnpottlhl# that, with faTornble weather
J«r the neit fortnight, sentiment will
turn completely about. Crop reports
agree that the plant Is sturdy
•ud healthy, though small and late, but
iw.) weeks more of good weather might
“Si 1 * *t to a state of development. In
rfilch it rnn withstand tbt hardships
or the critical period. The fste of tue
*•, ,n thrt balance, and caution as
25 ** rlose attention to the Weather Is
extremely advisable. Our market opened
Mew points higher In sympathy with the
bl'crpool and 10 points advance In
l,ut lon ? liquidation on raiu
from Texas was In evidence from
thA « tnrt . ^pwaawi It 12 points in
tue flrtt half hour. Generally fair wenth-
Jf BrevnUeil oast of Texas. The Allan*
tiro reeord sonip high temperatures, which,
EW. t«°l ns Important as when oe-
furring |„ rexas. The market recovere«l a
5 ,, , n J m . 11 weevil reporta from Ban An*
ttiJl 111 lt . K 1 * 11 . eonllrmatlon and more
•joahlatlon Is Indicated should promised
*^nJhT" terti lB * ln th * WMteni dlBtrlct
ri«V" r k. July 8,-J. B. narhe & Co.:
JJT, Jb*®* "lining led by higher Liver-
was due to T&e Tfmes*Dsmo-
»howing a decrease In acre-
XL f k. ...ITT c# ?t Tb** was looked npon
2*^hr i * h . ,y abw?* than here, for sell-
tr ?‘ Ie !: i J 0 * 1 the South generally
r bought about sharp reactions from the
liLL’ r,c V- Th ® aelllng was clue to
min. r for T73 it tor Texas predicting
SR’ . ‘ondltlon of the crop Just at
Gh !!J".*,V c h. ‘bat general rains In the
_ e t *n* M 't«11 y In Texas, would bring about
CTM Improvement ami a consequent set-
"701 present price levels. Reports
“ £S v f t<k aotirces seem to agree that
Dover Y'arn Mills, N. C l(»
irayton
lining 65
Hlllon 85
Engle and 1’benlx 132
Eflril, N. C 110
Elmira preferred
Easley 140
j Eden ton, X. C 140
Euoree
I Erwin preferred
I Exposition 200
Fairfield SO
Florence 135
Fountain. X. C i ...
Gaffney Mannfscturlng Co 96
Gaston
8 luck
len Lowery preferred.....
Granltevllle, 8. C 125
Gray Manufacturing Co..# IX
Grondel Ilf
Greenwood 91
Highland Park 160
Highland J'ark preferred
Hnrtsvllle 110
llonrietta Mills
Hoskins, X. C IX
Hoskins. X. C., preferred 102
Iluguonot preferred
lumnn Milk H. C M
Inman Mills, S. C., preferred.. 97
John P. King Mfg. Co
Koeeler IX
King's Mountain, per 60
Ijtucaster Cotton Mills 114
l^mcaster Cotton Mills, pfd... 98
Ijiuett 110
Langley Mfg. Company 96
Laurens
Linden. X. C 150
Liberty *
Limestone «... 140
Lockhart. 8. C 98
Loray Mills, preferred 103
Louise Mills, X. C
Louise Mills, X. C„ preferred. ...
Lowell 186
Lumberton 200
Marlboro Cotton Mills 90
Manchester Mills f ...
Mills Mfg. Company U0
Mills Mfg. Company pref. 106
Minlenn cotton Mills 120
Mollohou 107
Mollohon, preferred 1<W
Monoghan ex-dividend
Monarch, g. C
Monarch. 8. C., nreferred .....
Mooresrrtle, N. C. IX
Xewbtfry IX
Xokomls * 136
Norris Mills
Olympia, preferred
Orr *“•
Odell Mills ...
Oxark 175
Pacolet Mfg. Company ..
Pacolet Mfg. Co., preferred... 101
Pee Dee
Pelser Mfg. Company
Piedmont Mfg. Company
Pelham, Go., preferred ...
lVIbam, Ga ;f common
after r th^ ST? * decline«L soon
to JIT? 1 The ltqmdstlon was doe
think til nt r *J ni f®b®fally. but we also
ettoh i- i. rn , ,lrk ® t *• being manipulated to
n •to 1 woula bu > ln *
tSSU 0 !* SEE0 01L market.
tf iKmVfJ x. the opening and closing
99 lork cotton aee<l oil market:
Opening.
I ™ ©56 1
:*•'*
SHtfisa
loir.
Jwveijjj )#P ., * * 1
J^nihop. ' *
«Huary ’ ' '
gqsedl ’ _
were the cotton seed oil sales
for
«\4i4. r >
41Vu42«4
.'losing.
56ft
51*4052
43ftf43ft
41'W4l*4
40ft«4l
• Edited by
Joseph B. Lively
MARKETS
Mr. Lively's twenty-dr#
years* etperfence of ed
iting markets in Atlanta
and the South has made
him* a recognised au
thority In bis specialty.
RANGE OF NEW \ORK STOCKS AND COTTON MARKETS
KJMR OF STOCK.
Ama). topper. . . .
Am. Ice Securities. .
Am. Sugar Refinery.
American Smelting..
American Car F. . ,
Amerlcnu Cotton Oil.
Anaconda. .....
Atchison
do. preferred. . , .
Baltimore ft Ohio. • .
Chesapeake ft Ohio. .
Cnnadlnn Pacific. . ..
Chicago & Alton../ , »
Consolidated (las. . .
Central Leather. . . .
do. preferred. . • .
Colorado Fuel ft Iron.
Corn Produce
Colorado Southern. . ••
Delaware ft Hudson..
Denver ft lUo Grande.
Distillers’ Securities. .
Erie
do. preferred. . . .
General Electric. . . .
Great Western
Great Nortbarn Dfd. ..
Illinois Central. • . •
Interboro.
do. preferred. . . .
Kansas ft Texas. • . *
m
172”
foul stock sales &tlto shiresT
KAME OF STOCK.
Kansas ft Texas pfd. .
Louisville ft Nashville.
Missouri Pacific . • .
Mexican Central . . »
New York Ceutral . .
Northwestern
National Lend . . . .
Norfolk and Weateru .
Northern Pacific . , .
Outnrion ft West.. , .
Pennsylvania . . . . .
Pacific Mull . . . • .
People's Gas Co. . , .
Pressed 8tool Car. , .
Loading ........
Bock Island ......
do. preferred . . .
Repub. Iron ft Steel .
do. pref .
Southern Pacific. • . .
Southern Railway. . .
do. nr el erred . . .
St. Paul
Tenn. Coal and Iron .
Texas Pacific . . . . .
Union Pndfle * . • . .
U. 8. Rubber. ......
do preferred . • .
U. 8. Steel
do preferred . . . .
Western Union . . . .
Wabash * . .
do preferred . I . .
Wisconsin Central. • .
do preferred • ..
NEW YORK.
The following la the rnn,
tores In New York today:
inly..
lug..
iept..
II
Oct. .
Nov.. .
Dec. .
Jan. .
Keb^ ■
Closed steady, I to li point* lower.
11
'12.66 12*. 02
1107
li&2l
11.94-95
11.85-86
"1
11.93-97
\m
12.12-14
12.18-19
i U
1F538
12.13-16
11.93-96
1110
12.06-07
1111-13
12.20
12.24-25
12.30-31
NOTES ON GRAIN.
Pointers on Provisions.
1 Chicago Evening I’o.t: Grant Bond, Kan.,
wlraa aa follotva: "Some wheat thrnahoil
anil Jidda nineteen buabela where expected
nine.”
Mount Vernon, Ind., aajra: "Several fielda
thrn.bed and field only two-thlrda of an
averare.”
C. B. Pierce of Bartl.tt-Fraaler raid:
think the movement of new wheat will rut
the United State, market* to an export M-
ala for a time, and unleaa foreign market*
hold np around their preamt level wo will
have a conaldenhla decline from preaent
price,."
Kauan, City measure read: “Abll.n,,
Kan., wire*: 'Flrat thrnahlnr bottom wheat
tearing 69 to ® pound*; twenty bnsbela per
«cre. ,n ’
Id.patch to John F. Barrett from St.
I.oul* aald: "Mllllken'e traveling whrat
buyer write* from northeast Missouri that
the wheat crop Is larger than last year, and
probably second largest on record.’ 1
Following from C. P. Clin, from Odell.
III*., to Bartlett-Frailer: "Beat prospects
corn nnd onta have seen. Look, like moat
Held oata would maks 95 to 60 bushel*. Few
fields 99 to. 99 bushels. Cora eran. good
oolor, making rapid growth, high."
Traveling hgent for John J. Stream, who
for a week has been In the northern part of
'orth Dakota examining tha condition of
owing wheat, wired this morning from
(lake*. N. Dak.: "Plenty moisture: fln.
growing weather; plants strong anil
healthy. Great progress made th* last two
weeks; now about ten days late. Barley
beading nicety.
Broonihall estimate* tha world’s shipment,
of wheat Monday next writ b* ahont 10,009.-
009 buabela, of which quantity Europe will
take about 9.000,000 bushel*. Tho actus!
shipments laat week amounted to 9,760.000
bushels, and tho*. of a year ago 9,!
dicta that there will b.
i quantity of breadstuff* on
LIVERPOOL.
2 p. m. nhu rime, compared with yesterday.
Futures opened quiet and steady.
Opening Prevtoui
Itango. 2 p. in. Close. Close.
July 6.98 6.96 6.91 6.94
July-Aug 6.11 -6.96ft 6.95 6.89ft 6.92!
Aug.-Sept.... 6.82ft-6.89ft 6.X
Sept.-Oct.... 6.71 -6.7C
Oct.-Nov.... 6.64ft-6.Gi .....
Nev.-Dee.... 6.62 -G.W# 6.641
Dec.-Jan.... 6.60 -6.61 6.62
Jan.-Feb 6.67 -6.61ft 6.61 6.55ft 6.59
5 eb.-Mar.... 6.61 6.61ft 6.55ft 6.59
or.-April.. 6.59ft-6.62ft 6.41ft 4.56ft 6.59ft
Aprll-May... 6.59ft-6.61 6.62ft 6.57 6.60
Cloaed easy.
" NEW ORLEANS.
Th# following I# th# range la cotton fa*
tores In New Orion ns today:
Tj
|
i
11
1
ii
Julr 113.3)
ftspt.'.'. ‘. ! ik'.M
Out 12.50
Nor |
Dee 112.41
Jon } 12.47
Mnruh. .
13.35
12.83
1150
*1*2.42
12.47
ib'.ra
12.26
iiis
Sfi
15^
YS.ro
12.25
12. ^
12.26
13.23-25113.35-40
12.W-97 13.3V23
1184-18 12.8042
12.25-28114944
12.21-22
12.1940 12.28-27
12.25 24 12.42-43
ilMl(ii'4M4
Closed steady.
WHEAT WAS HIGHER
AT THE_ OPENING
Weakness Developed Later
and Prices Sold Sharp
ly Lower.
WEATHER REPORT.
WEATHER CONDITIONS.
ATLANTA MARKETS.
EGOB—Active, l./fiac
LIVE KJUtTBY-II;
chicken* (fries). 19J40H
10c each: puddle. »c I
104
»
viiy, 1 . .
W. F. Mfg. Company ,
Richland, B. C„ preferred.,
ITS
i«i
ioo
iiitt
hlveL_.
Rocky Hlvcr
Saxon
.S
Salisbury ..j. }g
2- r nrerv^r:::: loo
tSSKb: »• C„ preferred .
Tuacarora
Toxawny
Unlon Bnffklo, 1st pref 70
Union-Buffalo, 2d pref W
vmty. o« i«
Victor Vlliai 's.’c l *>
Warren Mfg. <o....... g
Warren Mfg. Ca, pref
Washington Mill*
Washington Mill* prtf. i}5
watt*
Ware Bhont#
WUUamston
*1
ids
$
is
r,) o“tcK n . l f4,“,t < 'to»: 100 July ot 6514. 1 Swift A Company 1 * fljljjj
hi \ WDccemtrtr at U\. To- Atlanm for the Wk Mdtnf Ba.urda,
6, averaged 1M «nt. per pound
106
rate. of. fresh beej^ln
HAYWARD, VICK & CLARK,
«w.„, raajsasB&w* 1 a " r
~a2?£?;ir —
*•- «ACHE A N w7^D' n Bi^L^T. C FOTER n *CARRINaTWC
^lUYATE WlRfiO’CLAlX-BC-LriTi*
l0 DfiE8S?:D POULTRY-Tnrkeya, drawn,
active. 16fflJc pound; fries, active, 26«30c
pound; hens, lie pound; duck., drawn,
pBciDUcE^Lnrfl, lfc pound: ham* ac-
live 16c pound: ahouldora active lOTfllc
pound: aide* active. 11c pound; butter dull;
loOIMc pound; beeewax nctlve, S8c pound;
bon.y, bright, active, Uc pound; bouey In
1-ponnd block* actlvi l!Hc pound.
Fill!ITS—I^mona, fancy Moaaona, *5000
B.:5; iHinanas per bunch, culls active. 11.00;
sTgis
Tffi M.'iS; un.'c".'
per ioo; 11.01; peannti In aarka averaging
few p »
“00 crate; blackherrle,
r omatoT* , ' h are active end
lolling at M.6081.76. PqtatoM. now, 66.00
US 05 per barrel. Onlone, Louisiana, 61..5 per
ImabeJ; KgrptUn. _«Hc .p*f grtnd; eg
ery. fancy. 61600629 ctara; peppera. slow.
61.25 crate; okra, alx buaketa, small, 6100;
kraut, half barrel. 69.16; cncUBhera. 61.25«
1.75 per crate; egg plant. 61.5501.76.
GROCERIES.
RICE-Jap 6'U5Hc; head 607c; fancy bead
KESE^Fimrf fJl cream. 1» cents;
era f.’,4c pound; lemon, .c; oyatcr. .c; bar
rel candy, per poned. 6V4c; mixed, pet
pound! «Sc: rometoee. 2-pnund. 62.00 cnie;
l.nound. 62.4: n»»y bean*. 62.M: Limn bean*
ITbeet matehea. per grots. JLfc; macaroni,
pie., pound; serulne*. inuxtard, X6.20 cnie.
Bt’G Alt—Standard granola ted. 6.J0; New
-- • refined. 4%e; .plantation. 6c. ’
yPEi;—Itoa.trd Arbuekle, lit; bnlk In
hags and barrel* lSe: green ll«12c.
Shredded biscuit 66 cate: No. * rolled oats
»J !5 case: aack grlte. W pouad baga, 61.M:
oyster*, foil "eight. 62 cate: light weight
.10 cate: p*p«er, - “
caS
feasat'wurw
Irani
RSy^tnSTHS ^pjLbOW caaa
PROVISIONS.
PROVISIONS—Supreme ham*. Itc; belli.,,
M4j3 pournl* average, 9.6S; fet backs, lc;
Supreme lard. 5;i: Purity compound. 8'4;
csllfornla bams. 10c; dry salt extra riba
• 36.
FLOUR AND ORAIN.
FLOrB-Hlgheat patent. 6.90: be,t pat.
•nt 18.49: standai*d r nront. 34.75; half pat
ent* 34 65: spring wht*nt patant. 36.n).
cbRN-No. 2 wblt*». 77r; No. 2 white, rwj
Jo 7sV: Cbolc* white. 6nc: white frad, TV;
No 2 yrilow. 77c: mixed. 7V; cracked corn
iwTr bushel. 78c: hnlla, 113.50.
1 CHICKEN FEED—Ftfty-Pound aarka. 5C«-.
Pnnla cWffc feel. 12.00; \1ctor feed, 31.35;
brand feed. 61 v,
OATS—No. 2Tl
CeM.n oef*. 6le.
white ellpped.
UUL-rtan per Dfi peumfl
oyster*.
3 .1 raat, '|T caM . ptnkc aafmon, 14.25
ruvuu, v-v, Chornlati-. X; anuff. 1-lb.
E ra.'48c; roaat beef. 32.60 rnra; corned beef,
W Si;: ratanp. 61.10 ea.e; .Into. Sew Or - -
■nt, ji'i'g 1
[,r,tmb. 612641S) cat*. Jiennuta. tc; rope.
4T..LOUI8 CASH QUOTATIONS.
tvheat—K^t, 9 red winter 96 Q9344
Corn-Ko. 1 63H
Onta-No. 9 4114045
Chicago, III., July S.—Decline, were
shown of 1 1*4 to 1 E-Sc In wheat and
1-9 to 3-4c ln corn; oata were l-8c up
to 1-8 to 8-8c down and provisions
were 5 to 12 l-2c lower.
There waa a general lack of support
Ing orders In wheat and with the of
ferings enormous, prices suffered pro
nounced setbacks during the morning.
Tho seaboard reported 77 loads of
wheat for export.
II. J. Jones, the crop expert, has Just
returned from a trip through the Da
kota, and say, that lt » too early to
talk yield for the three spring states,
but that they will have only a fair
yield.
The action of the Liverpool wheat
market ln coming 1-1 to l-4d higher
early, ln the face of declines here Sat
urday waa a surprise to the bulls and
bears alike.
CHICAGO GRAIN MARKET.
Chicago grain and provlalon quotations
for today urn as follows, compared wire
y-Mterday’s doas:
. Previous
Open. High. Low. Close. Close.
wheat- mSm
July 9374
fc ^
CORN—
4914 4344 4914
m 3E $
8:8
THE LIVERPOOL GRAIN MARKET.
Whest opened J4 lower and at 1:10 p. m.
Itmie higher. Cloeed U«S tower.
Nrti opened M higher and at J:I0 p. m.
14 higher. CltMed V4 higher.
VI8IBLE GRAIN 3UPPLY.
Following shows the weekly vlelble sup-
* , *Tvh«lt* r !nrre*»od 304^000 bnahel*.
Corn Increnneil bJftS* bnahela
Oats decreoacd 792,000 bushels.
THE LIVE STOCK MARKET.
Chicago. July 8-HoH-Rccelnu 90.0».
IftBfttV mixed* Sk^SUhMTy'*'fio
Emwi £lTM rk ' ,,
06.30; lielfera 62,«0«6jW: calve* 6607.26; guol
prime eteers 6LH4J7.20; poor to modliini
J4.S1UE.86: atocker* and feeders 69.90415^5.
Bheep-B«elnta fWOA Market steady;
native* 6430.15: weateri 84b«.10; yearling*
Pi 1000.7244; lambs 66.SOG7.7I; western lambs
Tha greater portion of the country east of
th« Hooky Mountains la oorprM by an aran
of hlch tomnfretnro anil flat barometric
condition*. The pressure la grenteat over
the smitheaat quarter of the mup. bat la
nowhere much nl»ore the normal. The low-
fat premtire la In Utah and Nevada. The
Increaaed preaaure in the aoutheiiat la can#-
Ing a general drift ot air from the equoto-
rial yeglona and over tho aonthweat.
Very little rain hna fallen ln the laat 24
hour# and what baa fallou has been In the
nature of widely aenttered local ahowora.
Dry weather prernlla In the cotton belt.
The condition# are favorable for fair and
continued watm weather In thla section to
night and Tuesday.
COTTON REGION BULLETIN.
meridian time, Jnly 8,
STATIONS
ATLANTA
DISTRICT.
* Atlanta, clear. . . .
•Lhattnuoogn, clear.
Columbua. clear. , ,
Oalnearlifc, clear. .
Griffin, dear
•Maoon, clear. . . ,
Monricello, clear. . ,
Newuan, clear. . . .
Rome, clear
Shartantmrg, clear..
Tallapooaa, clear. .
Toccor. clear
ft eat rolnt f dear. . .
TIPS PLASHED
From Wall Street
(From Haywi .
New York, July 8.—J. H. Bache ft Co.:
Isondon market conaldernbly mixed. Steel
preferred ahowa atrength. ft'nbnah atocka
and Mexican are etrong. Union Pacific,
Atehlaou ami Southern Pndfle are lower ou
profit-taking.
The Isoudon
bee)) too rapid
etntement.
Lawson aaya Amalgamated and 8t. Paul
will go much higher.
We aro believers In future of Brooklyn.
The road la earning fully 5ft to 6 per cent,
nnd dlrldend talk la now given a great de»u
of apace In newapapera. There seeina to be
an awakening to tne better ontlook.
In regard to crop#, Kanan# harvesting la
going on and yields will he header thnn In
dicated. Market will continue strong.
Town Topics: No apprehension la felt In
banking Circles over the decreased surplus
reserfea, notwithstanding the fact that
more gold exports are |K>aallde tomorrow.
The flow of currency from the Interior will
likely be larger durlug the next month or
an, and by the time money la needed for
the moTement of the crop*. It la likely
that Europe will be In shnpo to provide for
our wants. The fact that smaller railroads
and industrial corporations are finding It
possible to borrow money Indicates a bet
ter monetary position. All through the
country there la plenty of money for loan*
ll# business purposes, though
. for ne wor speculative enter
prises. Banka have paid to the government
a considerable portion of the fund# on de
posit onllsHl for July 10. showing/that the
monetary situation Is easier than It looks.
... — -*- - * *- —-s|a. imek of the
lafted with the
... doubt they will
be able to carry their nnlnt and lift price*
materially l»eforw the first of August. Tho
war scare and the crop scare are practi
cally over, nnd there 1a no reason to doubt
that the country will continue prosperous
during the fiscal rear.
We urge, therefore, tho purchase of all
food atocka on the weak spot* for large
profits, especially Amalgamated. Anaconda.
Union raclflc. Southern Pacific, Northern
Pacific and Canadian Pacific. Great North
ern. fit. Paul, Atchison. Baltimore and
Ohio, Pennsylvania. Louisville and Nashville
and Atlantic Coast Line. Sugar, General
Electric. Smelting and the Steel# should do
inneh better. . .. „ .
Buy cotton ou declines of 10g15 points.
Wheat should not be bought except for
L. H. FAIRCHILD A CO.'S
WEEKLY COTTON LETTER,
New Orleans, July t.—Our crop advices,
especially from some portions of toe eastern
belt, indicate a general improvement In con
ditions nnd we are Inclined to the twdlef
that the government reijort of July 2 does
not represent the actual conditions If we
accept the June report of the government
na correct. Many contend, however, that
the June conditions were too high, and
that the Jnly report of 72 per cent la cor
r *There can be no doubt but that the crop
la the poorest seen In years nt this season
of the year, and thnt it will be olioolutely
Impossible to make a enm sufficient to
meet the reqnlreraenta of the spinning
world. Reports from the western belt indi
cate serious damage by high temperatures,
and the 1k»U weevil Is already reported a#
having appeared In various points of Louisi
ana ns well ns Texas. While the Atlantic
states claim fields are dean nnd weather
has been favorable, almost every report
ndds. “but the plnnt Is not making the
progress etpecteu and Is very small. The
stands nre poor and spotted. Of course
there nre some exception#, especially In
south Georgia, where wo hear tho crop la
up to the average.
When one considers the fact that, not
withstanding the enormous cron just raised,
spot cotton Is bringing more than 13 cents,
it hardly Impresses us aa good business
New York Started Moder
ately Active, But Heavy
in Tone.
HARRIMANS WEAK
After Ten Minutes’ Trading
Market Began to Assert
a Firmer Tone.
New York, July 8.—Speculators who had
paper profits to secure, expecting nn Inrush
today, found that their expectation# were
not borne out. But the outside response
was very small nnd realising sales In the
early London dealings brought down the
range of American stocks considerably be*
•Minimum temperature* are for 12-hour
period ending I a. m., thla date.
•5th meridian time.
High temperatures continue to prevail
— o*. tire belt. Moat districts report a
_>eratorc •*-- —* ** J *■—— • '-*■*
rains have fallen :
CHICAGO CAR LOT8.
The receipts of grain In car Iota today
and estimated receipts for tomorrow are as
follows:
Today. Tomnr.
Wheat 26 42
Corn 274 111
Onta 62 164
Hogs, head 41000 17000
on n limited aenle, nnd this
of course militate# against tho market.
Then, too, It Is hard for the trade to Income
used to such prices ns now prevail at this
season of tho year, but we must remember
that conditions hnvo changed rapidly In tho
cotton trade.
All things considered, we are of the opln
Ion that, cotton Is cheap at preaent prices,
and while we expect frequent recessions,
due to profit-taking and manipulation, wo
believe that the market should be Imught
crop Is available.
NAVAL 8TORE8.
Special to The Georgian.
Savannah. Jnly 8.—'Turpentine firm at 57;
sales 469: receipts 1,202.
Rosin firm: isles 2,286: receipt* 2.211; win-
dow glass f& water white 15.75: M 55.60; X
55.16: K 55.2$; I 65: II 14.96; G i4 86; F 54.75
04.«A; K 64.60; It Jt.30; C b 6164.06.
tropicals.
Begin Buying Narrow Cloths.
• Upon the resumption of business Friday
cotton goods brokers found an srcnronlntlon
of tdds for narrow i>ddB In print cloth yarn
construction goods, end at favorable prices
they sold goods for forward delivery. The
28-tnch standards command Sc for delivery
Into 1908. On 28-Inch 84 by GQs sales are
made on 4 13-18c for delivery np to August,
and at«4%c beyond that date. Wide cloth*
have the same strength aa before the'boll-
4%
UNION
4%
SAVINGS BANK
Gould Building
CAPITAL STOCK • . • 8100.000.00
■J5TI 5290UBOI8 ~jtoT
4 /0 >880,000.00 4 JO
. if two other lenders. To
ward midday the strain of the selling began
to tell, nnd prl/‘s tell sway all around, tho
greater part or the list showlug at that
time net losses on the day.
The engagement of another 81,750,000 gold
for IMrts added to the nnenalnes*.
New York. July 8.—The stock market :
opened with only * moderate degree of nc- <
tsrlty and somewhat heavy In tone, l’rnc-
ttcallj tha only Influence wa* the generally .
lower range In London for American securl-;
inent of renewal of gold export* was with-1
out decided effect on aenrlraent. The Harr!* j
man stocks showed moderate weakness. At |
MONEY AND EXCHANGE.
New York, July 8^.
time.loans nteady: 60-«1
days, 4H; six months,
Posted rates: fiterll
in. with i
a tH 87060'
tI
rates: sterling exchange. 8C84HO i
i actual business ln bsukers* bills I
4.1710 aud 84.839004.4.84 for GO-day j
mercantile paper unchanged.
GEORGIA RAILWAY
AND ELECTRIC CO. 1
Boston, July 8.—Following was the bid
sml nskc.l price on Ucorgli Railway and
Electric Company today: 88 naked, l’re- •
Terred, none.
MINING STOCKS.
Boston, July. I.—Opening stocks: fihsn*
m 18ft; k |W*/1I>W 111 • Vno.K Dm4 4* MIX.
Copper Rang
Isle Hoynle t
Cnunnea 80^;
jge 19: ...
Tale Hoynle 22ft: Old Dominion 48ft; Green-
)E; £miq' ~ •
anta Fe 4.
THE LONDON STOCK MARKET.
BTOCK8—
Anaconda M .
Atchison
do, preferred ..
Chicago and Great •Western.
Canadian Pacific
Erie .. .
do. preferred ..
Illinois Central ..
Kaunas and Texas .
do, preferred
Lnulsvllle nnd Nashville .. .
Mexican Central preferred ..
Norfolk nnd ft'estem
New York Central
Ontario and Western
Pennsylvania
Philadelphia and Reading ..
Rock Island
Southern Pacific .. .,
Southern Railway
do, preferred
fit. f»nn! ..
Union Pacific .. .. .. ..
United States steel
do, preferred .. .. ,. .. ..
ft'nbosn
THE COFFEE MARKET.
Tbs following
January ..
February .
March .. ..
April .. ..
May .. ..
June .. ..
July
August .. .
September
October .. .
November .
fiecemlmr
of tbs X’ew York cotton
Opening
lbnufo.
..5.56
:iP*
\jLm9M
..5.56
. .3.584.89
..5.69
6.50-6.60 .
5.0)165 )
».|04.<5 j
5.104.75 1
5.704.80 1
1*504*55 i
5.504.55
5:S04.S ]
4‘4 »*IJlHPr . • . . .l .i • •
Hosed stead/. Rale* 652,109.
Band,
line* ot brown nnd
pressing that latge
*'hAY—TRnotbx. cbolra laree t*te^ 91.40
da, choice sm«ll I»Ies, 81.36; .Sal, one d
third bales, 5L36: No. 2, one third bales, hunting for
31.25; choice prairie. UM; Bermuda. |L10. B
SHORTS—Choice white 81.60; Texas white
51.60; fancy, ll W; brown (80 to 100 pounds),
|L40. Bran 51-35.
too, 824.00; bulls per toui
FISH.
snapper 10c
cover for fall
colored cottons Is so
r ... Western Jtjbbors nml
cutters are here to personally urge the ac
ceptance of orders and to secure early ship
ment. flerenil lines of blenched cloths nre •
up ftc and others are withdrawn, pending!
a reappearance st higher values thnn any;
yet demanded. As the trade In flrat hands i
shows s stronger trend, so- In the sec-i
oudsry markets, buying has i»een resumed '
with rigor. Full confidence has l»een rc- :
stored to the retailers and they feel that
their fall business will reach large totals.
To prepare for this they are supplementing
tbelr earlier purchases. Jobbers are busy
bunting for suit goods for fall delivery.
They are meeting with *om# success, but.
In the main, find the mills sold up. ftool-
en and worsted manufacturers nre showing
spring of 19(4 lines of men's wear In a way
that Indicates no eagerness on their part to
force high grade goods on tbs Joblmra or
ciothlsrs. In fact, the spring openings ire
Ivloc held back, to allow a better move
ment of niercbnndlie In retailers' hand*.
Next wsek several lines of fancy worsteds
will be shown In grades from 91-59 to 82.25,
also lines of trouserings, overcoatings and
New York. Boston. Chicago. Waihlngton. Phll*d,lphU
Baltimore. Atlanta. New Orlean,. San Tranolaco. London.
Ths American Audit Company,
100 Broadway, New York City.
F. W. LAFRENTZ, C. P. A, Pres. O. E. MANWARINQ, Vice Pret
TH EO COCHEU, JR, Secretary.
Tho American Audit Company, chartered under tne laws ot Now York,
Is empowered to examine the affair* of, and make report- upon the flnaa-
clal condition of prirate and public concern* for director*, officer* and In
dividual*. The preparation and Installing of ayatema a specialty.
ATLANTA DRA.JCIf. 10IC-10I6-10I7-101* FOURTH NAT'L BANK BLDO.
0. B. BID WELL, Resident Manager.
Telephone, Main 872. Cable Addre.a, Amdlt, New York.
/ L. H. Fairchild. E*tabll*h,d 1885. S. J. White.
Lt H. FAIRCHILD & COMPANY,
NEW ORLEAN8.
Member*:
6>x Oriteos Cotton Rxrh*u**, New York ColTeo Kxebnnx..
New York Cotton Eirtunx,, S’»w Ortran* Hoard or Trade,
Yew Oriran. Block Kleh*n*r. • tilra*o Breird of Trade.
LIVERPOOL COTTON ASSOCIATION.
Print# Wire* to NEW YOB It iod CIlICApO. Order* oollcItM for falure dtU:
« j pa above Licbsngra. **• CUlliHAX
FRANK HAWKINS, rresldent.
it ATKYXSOH Vic*- I'rfsldsnt. THOMAS C. ERWIN, Csshler.
. i.• • 11 M'l'uiili, ws-rrv#UlcoL R- W. BYKR8. Assistant Cashlsf-
Thira National Bank
Capital - - - - $200,000.00
Surplus and Profits $400,000.00
DR. A. W. CAf-BOON.
MILTON DARGAN.
JOHN W. QRAMK
II. Y. JIXORD.
FRANK nAWKINA
H. M. ATKINSON.
JOSEPH A. M'CORD.
J. H. .\rNNAI.LT,
J. CAttllOl.L PAYNE.
K. II. ROSSER.
DAVID WOODWARD.
ALONZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
ANP AUDITORS
Euplra Building. Bell Phone. Main 831
ATLANTA. GEORGIA,