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^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,