Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, July 10, 1907, Image 11
THE ATLANTA GEORGIAN'. AND NEWS.
WEDNESDAY, JUDY 19, 1907.
11
COTTON OPENED
BARELY STEADY
First Prices Were One Point
Higher to Six Points
Lower.
sagged LOWER LATER
At Midday the Tone Was
Steadier—Weather in
Belt Favorable.
Vfir York, July 10.-At the opening of the
market this morning It was barely
itindv The beers were liusy In October
Tn,t liter options, with oonsltlernhle liquida
tion as " result of more favornblo weather
condition*. _____
The done in Liverpool was easy 406
P Th? New r york market opened 1 point
higher to 6 points lower, and on the fa-
rornble weather over the belt.continued to
uedlne during the morniug session.
Cotton was weak In the afternoon on sell
ing suunofod to be for the leading bull.
Prices In New York at the close were
33 to 39 points below Tuesday’s finals
with the tone barely steady.
Comparative receipts st all U. 8. ports:
Net receipts Wednesday, July 10.
Same day last year
Total receipts for four days....,
Same days nil
last year....
Total receipts since September 1.
Same time la*t year *
Estimated receipts Thursday:
1907.
New Orleans 100 to 300
Galveston <00 to 800
Houston 400 to 600
Movement at Atlanta:
Receipts Wednesday . .....
Same day last year
Decease
Shipments Wednesday
Sam** day last year
Stock on hand Wednesday
Snuie day last year
Increase
2,639
.. 3,789
1,100
.. 10,956
.. 22,226
.. 11,270
..9,784,365-
news and gossip
of the Fleecy Staple.
Special to The ileorglnn.
(From Hayward, Vick & Clark.)
t iv»!LA,“ rk - Jl ! ly ,0 —»• Beebe .4 Co..
Liverpool wns due 204 up ou near nud 4%
up on late month!. Opened quiet at
5 points advance. At 12:1a p. m . was
9b','■< b ut .trady, net SIMHtt higher on near
luul 5«to% higher on distant months. Spot
^ demand at 7 point, high-
' • h‘ I d ,llll d: .*.SD: aale. 10,000; Aiuerleuu
!idS4.KrkSnVffi ° S,Wrt m ' UT ' ,
Liverpool a limit parity. Rains throughout
‘he bett. I ho market will rule quiet. Nnr-
K maraec. Advise taking pro!
quickly. The market will II
elthe
tunte around these prices Just ns it did
V* lower—all fluctuation* within
20 or 30 points.
Cotton opened easier on a very bearish
weather map, showing good rains In Geor*
gm, and more lu Texas. Commission houses
■old. Not much demand.
Cotton man geueraliy cloudy today. More
scattered rains Indicated for belt.
Market does not show aggressive support.
. u , t , ur V, ,lt *l ) ‘*nda o» buyiug ot this level by
bull clique.
July option rather weak, 16 down nud no
bidders, but It Is dangerous to sell that
month. New crop dull and easier on the
favorable weather, gome buyiug ou
tered showers;
Rlordnn sold about 60,000 January this
morning, and offering more at 12c. This for
Price.
Rig interests selling heavily. Doubt If
larket can stand up under It.
New Orleans, July 10.—Hnyward, Vick &
Clark: Weather over night again very fa-
oranle. Good scattered rains over nearly
entire belt. Cooler in eastern states. Part
ly clotujy to cloudy weather generally.
Clinton, La., wires: “Cotton doing fine;
looks well. Big improvement. Though
more arrange planted, owing to high prices,
think trade will be surprised at outcome
of crop. Next report will be good."
•Map shows generally cloudy in Texas,
part cloudy central ami custom states,
more scattered rains Indicated for belt.
.Inly option rather weak. 16 down, aud no
bidders, but It Is dangerous tq sell that
Western forecast Js for showers general-
. . which is considered favornble. Rome
buying on the depression. Rig people re
import this morn-
Texas crop 21.9
Substantial buying ...
though some liquidation.
None
None
4,206
SPOT COTTON MARKETS.
Liverpool, steady; middling upland! 7.30.
Atlanta, steady; middling 13c.
New York, steady; middling 13.20.
New Orleans, steady; middling 13c.
Augusta, steady: middling 13%.
Savannah, steady; middling 12%.
Memphis, steady; middling 1215-16
Galveston, quiet: middling 13c.
Charleston, nominal.
Wilmington, nominal; middling 13ft.
Norfolk, firm; middling 13%.
St. Louis, steady; middling 13%.
Rnlthnore, nominal: middling 13%.
Heston, steady; middling 13.20.
Philadelphia, steady; middling 13.45.
Mobile, firm; iniddlfnr
Houston, steady; mi<
Cincinnati, nominal.
Louisville, steady; middling 13%.
TODAY'S PORT RECEIPTS.
The following table shows receipts at the
New Orlean*. . , .
Gulvsstou
Mobile
Savannah. ......
Charleston
Wilmington. ....
Norfolk
Boston
Pacific const. . . .
Knitting yarn* have been about the most
active thing in the cotton yarn market dur
ing the past \\eek. ns quite a few knitters
hnve been purchasing fair supplies for fu
ture delivery and hnve been paying ad
vances for long distant deliveries ranging
all the way from % to %e above present
market prices. It Is stated In certain quar
ters that tin* sales for delivery after Jan
uary 1 amount to nearly 600,000,000 pounds,
aud that the prices paid on these yarns
show* advances on some counts ranging from
% to %c per pound above, the prices
also been
for
INTERIOR RECEIPTS.
The following table shows receipts at the
Interior towns today, compared with tho
■anie day last year:
HAYWARD, VICK & CLARK’S
DAILY COTTON LETTER.
S’n
<*w Orleans, July 10.—Liverpool conforms
strictly to the price movements In the
American markets. At first nbout 6 higher,
futures readily followed the decline which
uevfioned on onr side. Spots are firmer and
PI'-* large; total 10,000 bales. Weather con-
? Wmi* over uight were again quite favora 1
nud this was the principal reason for
oppression today. Opening nbout 8 low’er,
ctobfr broke to 12:19 in the first half hour.
wl to hold off and consequently
and running up to the end of the year. The
advances demanded on the long dis
tant deliveries are said to Ik* due to
the fact that spinners nre not willing to ac
cept orders for deliveries so far abend with
the raw material mnrket In «uch an uncer
tain condition.
Many authorities In the trade predict 16c
cotton before tho end of the year, nud un
less the spinner Is thoroughly well covered
at present prices orders booked for lout
distant delivery would prove auythlug but
satisfactory so far ns profits nre concerned.
Weaving ynrns are rather quiet at the pres
ent time, as the bulk of tho business up to
the end of the year and the beginning of
1908 has been placed. It Is believed, how
ever. that should the mnrket show nnv
further signs of advancing additional orders
will be placed to cover any anticipated
future requirements.
Regulars Needed Badly.
Even the remote delivery eontracte that
are being closed in this market for regulars
nre at the 5-eent basis. On narrow odds
some special prices have been reported on
such cloths rjj 27-Inch 64x60*. which hnv
brought ns hlgn ns 4%c. Sales of nearly 300,
000 pieces of all grades fast week are ox
neotod to l>e exceeded this week as no holl
day Interruption will Interfere with trading
Regulars ore ueeded badly by Eastern print
ers.
Edited by
Joseph B. Lively
Mr. Lively*• twenty-fir •
years* experience of ed
iting market* In Atlanta
and the South has made
him a recognised au
thority lo bis specialty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
NAMF. OF 6TOCR.
Amal. Copper
Am. Ico Securities. ..
Am. Sugar Refinery. .
American Smelting...
Am. Locomotive. . • .
do. preferred. . . .
American Car F. . . .
American Cotton OIL .
Anaconda. ..... 4
Atchison. .
do. preferred. . . .
Baltimore A Ohio. . .
Chesapeake & Ohio. .
Canadian Pacific. . ..
Chicago A Altou. . . •
Consolidated Gas. . .
Central Leather. . . .
do. preferred. . . .
Colorado Fuel & Iron.
Corn Produce. ....
£ olorado Southern. . ..
clawaro & Hudson. .
Denver A Rio Grunde.
Distillers’ Securities. .
12rle
do. preferred. . . .
General Electric. . . •
Great Western. ....
Great Northern pfd. .. ,
Illinois Central. . . .
Interboro . .
do. preferred. . . •
Kansas & Texas. . • .
pUftt
l7%!
43% 42%
31% 31%
Hfi 37%
91% t»%
<C%
93%
m
22
M
NAME OF STOCK.
Kansas A Texas pfd. . ,
loOtilsviUe A Nashville. .
Missouri Pacific . . . ,
Mexican Central . . . ,
New York Central . . ,
Northwestern
National Lead
Norfolk uml Western . ,
Northern Pacific . . . ,
Outurion & West
Pennsylvania
Pacific Mall
People*! Gat Co. . * . ,
Pressed Steal Car. • . .
Heading . ,
Rock Island
do. preferred . . . ,
Repub. Iron A Steel . «
do. pref.
Southern Pacific. . , . ,
Southern Railway. , . ,
do. preierred . . . .
St Paul
Teuu. Coal aud Iron . .
Texas Pacific
Union pacific
U. S. Rubber. .......
do preferred . • . .
U. 8. Steel
do preferred . . , . .
Western Union . . . . .
Wabash • • .
mm do preferred
m
ikii
M,
*8
•Ex-dFrldeml 1% per cent.
NEW YORK.
d
1
O
1
k
Si
23
i
c
it
July
Aug
Sept
Oct
Nov
Dec
Jan
Feb
March. . ..
12.22
12.02
11.95
12.07
11.71
12.09
12.16
iini
12.25
12.06
1L96
12.07
11.71
12.09
12.16
VLU
11.90
11.64
11.62
11.79
11.71
11.so
11.80
iV.98
11.90
11.66
11.62
11.80
11.71
11.81
11.87
12! 66
11.90- 96
11.64-65
11.61 62
11.80-81
11.72 71
11.80-81
11.37-8811
11.91- 9311
11.97 99 1
.’.28-39
2.03-94
1.94-95
2.10-11
2.06-10
2.15-16
2.21-22
2.25-27
2.3132
LIVERPOOL.
2 p. m. and dose, compared with yesterday.
Futures opened quiet aud steady.
Opening Previous
Range. 2 p. m. Close. Close,
July 6.93 -6.92 ~~
July-Aug.... 6.93 -6.91
Aug.-Sept.... G.81%-6.81
Sept.-Oct.... 6.72 -6.7S
Oct.-Nor.... fi.63tt-6.65
Nov.-Dec.... 6.61%
6.92
6.92
6.81%
6.83 6.89
6.82 6.87%
6.71% 6.77
' “ 6.67
6.58V,
6.62
6.54
Dec.-Jan.... 6.69 -6.59% 6.69% 6.49% 6.64
Jan.-Feb.... 6.57 -6.68 6.58% 6 48% 6.52%
Feb.-Mar
Mar.-April... 6.5S%-6.69
VM 8:1$
3.50 6.54
NOTES ON GRAIN.
Pointers on Provision*.
ATLANTA MARKETS.
FRUIT AND PRODUCE.
EGOS—Active, 17ftl8c.
LIVE POULTRY—Hen*, active, 37%ft40c;
chicken* (fries), 12%^27%c. Duck*. Pekin,
SOc each; puddle, 26c each. * Turkeys dull,
10c per pound.
DRESSED POULTRY—Turke; .
active. 16$rl7c pound; fries, active, 25ft30c
K und; hens, 13014c pound; ducks, drawn,
ncy, 16c pound.
PRODUCE— Lard, 12c pound; hams
live 16c pound: shoulders active lOtflle
pound; sides active, lie pound; batter dull;
i0ftl2%c pound; beeswax active, 25c pound;
honey, bright, active, 10c pound; honey In
1-pound blocks active. 12%c pound.
FRUITS—Lemon*, fancy Jfcatena, 15.000
15.25; bananas p**r bunch, culls active, 11.00;
straights 3% cents oer pound; pineapples,
Florida stock, 3S.00ft3.5Oj oranges, Califor
nia stock, per box. 84-60. Horlda hon
ey peaches, $2.7503.50 per crate; limes, Flori
da stock, per 100, $1; peanuts In sacks aver
aging WO lbs. each, otflng to grade, per lb..
6%08a; dried opple*. 7©8% c ; dried
peaches, ll%c; pruues, 6@7%c: cnntaloupe.
$2.0002.60 crate; watermelons, 10015c each;
caches. 12.00 crate; blackberries
Bull*
*•'11 iiL’ nn the weather took effect quickly
'>< - line i* of course trying and impious-
in .1 ** Ht R ,p same time a blessing
‘ ''Isgulse. As the Tlines-Democrat up-
Li." pr .. ,y rp,nar k!<l lu Its comment on th
Hiimtton: “The speculation must leml
J’lMug hand to trade nud not throttle It.
f ; '' r - v such set-bnek gives the consuming
II,., n foothold for expansion nud bulls
'* th<* benefit In me end. It Is Just
nm-wtlnii „f patience. Good scattered
J, J n States. Tom perjures nn*
:ll|, ‘ lower in the eastern belt. Partly
p' .. n,ul “bowery weather Is Indicated
J,.. n r. ra . , . , '\. Around 12.20 for October selling
irJr h l' P ftr *l<*! who renlf.,.,.
*”' ts when they had liquidated at higher
Jl„' * be market Is quiet, but until the
nnfJ! 1Ar F , . np resent! a feature of decidedly
niarornhle character no positive ndvlce to,
rh T an , *flven. Buying Judiciously on
follow* 1 * ' ou n n PP* ! tf» the best (uillcy to
nJZ v , ork - - Tt '(y 16.-J. S. Dnche & On'.:
IlnniJi?. Pt K® ve evidence to«lay of further
® ,lon - The opening wns quiet, but the
of »LL y * f,f ‘h ,< *d downward. Heavy selling
J Jnmmry finally had Its effect on th.»
monf l . n " )I,f ba, and Southern selling and
_ 1 hammering unsettled prices,
thl l M2*P wn " generally clear, and besides
t .t •bowers yesterday more were predicted
mari.o 'LL an Y tomorrow. Generally the
the imti' d .. not * how aggressive support by
prlo.i r llq*»e; rallies were feeble and
mot%.V.? 0 n,)t bold unless this support is
The evidences arc necu-
e thQ t the line of 100.000 bales sold
hftv . ! h ? advance by I»rloe Interests
thL nIL.,«J*t been Imught back nnd until
npti-a pr until more distressing crop
doll * reoo,VG< L prices will be heavy and
the sugar market.
•’iga? / u . Ijr W.—Loctl raw nnd refined
L^i'lon iUfr 1 *» •••ntljr nml unchameJ.
, mn market la unchanged.
Georgia peachea. 62.00 crate;
12%c; rhunarb, G'Vjf7">c hunch.
VUGTADlEfc-Tomatoee nre actlre ana
aelllng at 61.M01.75. 1’otatoea, new. 63.00
fts 25 per hnrrel. Onlone, Loulilnna, 61.75 per
liualiel; Egyptian. 4%c per pound; cel
ery. fancy. 62.M®3.25 crate; pepper., elow.
6125 crate; okra, ala ba.keta, email. 66JO;
kraut, half Imrrel, 63.73; eueuntbern. 61.250
1.75 per crate; egg plant. Sl.2Sd2T.73.
groceries.
RICE—Jap 5tf6%e; head 3®7c; fancy head
6V4«7. according to the grado.
CI1F.E8E—Fancy full cream. 13 cental
Georgia cane ayrup 37 cente gallon; aalt,
lM l mind. Me: ail- grease 61.75; aoda crack,
era 6%c pound; lemon. 7c; oy.ter, 7e; bar
rel candy, per pound, o%c: mixed, pet
limiml. tliio: tomatoea, 2-pound, 62.00 enae;
l-pouml. 62-25: navy benne, 62.40: Lima henna
Cc; beat mntci.ee, per groaa, 6l.«: macaroni.
SV*l7c pound; inrdlnca, onatard, M cate.
BriiAR—Standard graaulatcd. 5.20; Net*
v g^S5fcJ85H l iSSlSa^ bulk U
^iSrmWed bYecultJ« l M«; ,, Ho.lrolledoata
p 26 ca!*; sack grits, 96-pound bags, $1®*
oViters, full weight, 12 case; light weigh
If 16 case; pepper, 18c I!).; baking powder f
case; rtnl salmon, 1$ ease; pink salmon, 14.2t
cocoa. 40c; chocolate. 33; snuff, 1-Ib.
lar.'43c ;ron« t beef ' 62.60 caae..corned beef,
.7:1. a an ax II ftft Ml*! ulriin Now Hr.
Special to The Georgian.
(From Hnyward, Vick & Clark.)
Chicago, July 10.—Bartlett. Fraxler & Cn.-
rlngton: We believe In higher prices for
heat, and believe lu buyiug December.
Reports on oats come bad, and would not
t* surprised to see higher prices. The gov
•nnieut report that will come today will lu
diente serious shortage.
Export demand for com nnd oats Is
heavy, nud we would uot be surprised to
»e May corn sell higher.
Would buy provisions on breaks.
The Chicago Evening Host: C. A. King &
Co., of Toledo, wire: "Kentucky July corn
condition 70, June 77, year ago 92. nnd crop
105,600 000 bushels. Acreage 9o. Oats condi
tion 72, June 79, year ago 75. cron only
6.000,000 bushels. Wheat condition 90, June
82, prospective yield 84 per cent of year
ago. when crop wns 11.500,009 bushels. Mis
souri July corn condition 77, June 74, year
ago 84. October 90, nnd crop 233,000,000
bushels. Largest corn counties show better
than year ngo. Usual acreage planted.
Oats eondltiiui 76, last month 75. year ngo
62, nnd crop 22,000,000 bushel*. Wheat great
ly Improved Inst month. Estimated yield
IH»r acre 1*% bushels, one-tenth less thsn
year ago; acreage 2,161,000 bushels; harvest
two weeks late. . „ ,
Watson & Co.. Minneapolis, sent the fol-
lowing: "Mr. Taylor, a representative of
six of the largest Hour mills In Texas, Is In
the Northwest to arrange for wheat ship
ments to Texas. This Is the first time
Texas has ever bought wheat In tho North
west. According to our reports the North
west will not have much wheat to spare
* Tot a P°world’i shipments of broad stuffs
during the past week 10,112,000 bushels,
airalnst 9,769,009 bushels the previous week
nud 9.024.000 bushels a yeur ago. Ounntity
of breadstuff* Shipped for orders Included
In the above 720,000 bushels, eompared with
1.132.000 bushels the previous week, nnd
2.461.000 bushels n year ngo. Total wheat
taken by continental countries the past
week 3,568,000 bushels, against 3,328,000 bush
els the previous week.
Government crop report Wednesday at !
p. in. It will give the condition of winter
and spring whent, also corn and oats.
Month ago winter wheat wns 77.4, year ngo
85.6. Spring whent Inst month was 88.7,
year ago 91,4. Condition oats Inst month
was 81.6, year ago 84. Wednesday’s report
will Im> the first on corn. Year ngo it wns
‘ciement, Curtis A Co. got the Aollowhig
from Kansas City: "First thrashing June
tlon City averaged 31 bushels; best field In
county. First nt Belleplnln bug district
averaged h bushels."
Indianapolis letter to Rlrhnrd GamhrIH:
•We will hare whent to ship this week
and dealers are going to lie free sellers at
these prices. We are having perfect weath
er for harvesting, nnd the outlook It very
flattering for a.big movement." _
Following message from Carrington, Pat-
. *n A Co., of Kansas City: "Vincent wires
from Wichita: ‘Think wheat this section
8 to 5 bushels better than estimate of tea
"/oil owing from Kansas City: ‘There
is going to be lots of No. 2 red whent;
also No. 2 hard whent ottered right away.
1 think wo can work lots of business to
your market in tho next sixty days."
GOVERNMENT REPORT
EXPECTED BEARISH
Offset Bullish Foreign News
and Wheat at Opening
Slightly Lower.
ST. LOUI8 CASH QUOTATIONS.
Wheat—No. 2, new 91%
Wheat—No. 2, old 92
Corn-No. 2 54%C54%
Onta—Xo. 2 ,
..45
Chicago, July 10.—Wheat closed 3-8
#1-2 off to l«2c higher; corner closed
unchanged to l-8c off; oats l-8#3-8c
higher nnd ptovislons a shade lower.
Tho last few minutes of the session
wtte activo following the receipt ofth
government report, which was made
public nt 1 o'clock. Damage by green
bugs was reported In South Dakota,
llust is reported in the wheat fields of
tho Hed Elver valley.
CHICAGO GRAIN MARKET.
s» “Bl ®
ro “
PROVISIONS.
PROVISIONS—Supn'm-hama, 16c; hellln,
-wsis pound, uverRB-. 9..0; fnt barka, »c;
Hunrein* Innl. 6%: Purity compound. 8%.
rnftfornla bama, 10c; dry aalt extra riba,
9.10.
flour AND GRFIN.
Htghcat patent, 5.90; bait pat.
one 1 » 40- ■tandard patent. 64.7<; halt pab
«!• S g: "urine wfient patent. 63,00.,
roItV-No 2 white, 77c; No. 2 white, red
can 7Sc; Awb'" white. We; whit* feed, JSe;
V f ' ;;c: tiilxnl. toe, cracked com
l.nVhe". 78.-; hnlla. 813.M.
Chicken feed—Piny-»M»d aacka, 85c:
pSBIehtek fja. 53.00; Victor feed. 8116;
OAtI^No’s White, 30c; No. 3 nixed. Me;
HAYWARD, VICK & CLARK,
.•sn&rai ffl. D .,: R0V “'°""
MEMBERS. future Brokera- AiaaclatlM.
or! “n. and Chlcapi.Board* of Xrad*.
HSSdSffCottas Art
fn'foo Bxchanga,
woinon Cot tea Eichanc*.
* •• BACHE A , CO., T Af?D*BARTL^ ? T, C FRAZl’ER 4 CARRIN8TBS,
■PRIVATE Wlfjfig T° ALL PQINTSt
MOISTURE IN TEVAS
IS 8TILL DEFICIENT,
been duo to any one of several causes. An
unconfirmed rumor bad the New York bulla
getting In again. Local talent expreased the
belief that the rnlna In Texna had not done
the good that city farmers might think.
Recent declines had carried values low
enough to warrant a renetlon on general
principles. The logic In the reported re-
auction of acreage under that of last year
may have begun to appeal to operators on
the short able, some covering of this sort of
Interest being in evidence locally. Finally
Information from west Texas wns of a sen
sational, pessimistic tenor in that It was
stated n large portion of the graslng lands
that hnd l>een brought into cotton would
make no cron except where irrigation has
been resorted to, end that from such lauds
Chicago grain aud provision quotations
for today are as follows, compared wlto
yr*terduy'» close;
Prsvlons
Open. High. Low. Close. Close.
WHEAT—
July.,..
Sept.... 9u%
Dec.... WU
CORN-
July.... 64%
Sept.... 65
Dec.... 63
OATS—
July.... 43%
Sept., *“
92%
96%
99%
s$ ni
98% 99%
Dec.... 40%
PORK—
July
Sept.. 16.25 16.30 16.25
LARD—
July... 8.80
Sept... 8.95
Get... 8.97%
4374
i i
L97%
1.97%
8.80
8.97%
9.02%
ih
GOVERNMENT GRAIN REPORT.
Winter wheat condition 78.3. •
Spring wheat condition 87.2; Inst mouth
5.7; Inst year 91.4.
Condition of winter nnd spring whent com-
blued 81.6.
Wheat of last year's crop held by farm
ers, 54,853,000 bushel*.
THE LIVE STOCK MARKET.
THE METAL MARKET.
New York, July. 10.—All grades copper re
duced today.
Tin was off H<*: others unehaiigcd.
Goldsn ,oats.,69c^ white clipped, ilc; fancy
f»r Mekk 76c;
pound sacks. 77c; plain, 20-pound sacks. 73c;
s ns
third bal«. «1.»: ha 6, ane-tblrd haleu,
81.25; choice prairie, «.00; Ilermuila, 61.W.
SlioKTS—Choice whir* 81.60; T.xaa whit.
61.50; fancy, 11.50; brown (60 to 100 pounda),
11.40, Bran 8L35.
COTTON SBKD MEAf^-Prlme per ton.
8-3.00; No. 2 per ton, 624.00; holla per ton,
WM - FISH.
. F|BH—Bream 7c pound; snapper We
pound; trout 8c pound; Line fish 1c pound;
•*- kerel. I2%c pound;
*» water trout. 8c.
Chicago, July 10.—Ilogs—Receipts 30,000.
Market weak to 5«- lower; light |6.80©6.12%;
.mixed 35.70^6.07%: heavy 15.2005.92%: rough
|620<&6.60; pigs |51t6; yorkers $6^6.10; goo«l
to choice heavy 35.8%r».92%.
Cnttle—Receipt* 22,000. Market steady to
a shade lower; beeves $1.80<Tt7.30; cows 11.75
©5.30; heifers |2.601f6.70j calves |5.60fi7.60;
gowl prims steer* |S.90(hff.S0; p«H>r to m<‘<llum
l4.8OS6.90; Stocker* nml feeders 32.9006.30.
Hheep—Receipt* 18,000. Market W'eak to *
shn6i«* lower; native 34S6; western 34*S6.
jreorIlng*^3|^6^; Iambs 35.60ft7.75; western
THE LIVERPOOL GRAIN MARKET.
Wheat openeil %ffl% higher and nt 1:30
p. n». higher. Closed %©% higher.
Corn opeued wnchange.l and at 1:30 p. m.
% higher. Closed % higher.
CHICAGO CAR LOT8.
The receipts of grain In car lots today
sud estimated receipts »or tomorrow srs a*
Whent
Corn,, ,,
Oats
Hogs, bead..
NEW ORLEANS.
ta^lM"f,.5*ea!Srt!SS?t "• C0,,0Q ,0
u
1
i u
i
c
B
July 113.10
Allg |
Sept 12.72
Ort. . . .12.30
Nov
I>ec 112.26
•Ian [12.31
I* ob
March. . ..]
13.10
iilTL
12.30
12.2(1
12.32
13.05113.05
12.5) 12.50
12.06 12.08
&62I&0;
I2.08jl2.01
1206
12. TO
12.49
12.07- 08
i 2.03-64
12.08- 09
12.12-14
12.18 20
ft.lt-20
12.97
12.77-79
12.37-88
13.3346
12.23 21
12.39-40
12.43-45
12.46-48
Closcfl steady.
TIPS PLASHED
From 'Wall .Street
WEATHER REPORT.
WEATHER CONDITIONS.
Today's weather chart Is very similar to
that of Tuesday morning. A slight high
area covers the south nnd southeast, with
one area of low pressure over New England
nnd another lu western Texas.
Thunder storm*, have occurred at a num
ber of stations in the southeast, while show
ers have occurred over much of the cotton
belt. In the Ohio valley and the upper Mia-
slvxlppl and Missouri valley*.
The hot wave covers prncticaHy the sarao
territory with no Indication of relief within
the next thirty-six hours.
* The existing conditions Indicate the de
velopment of local thnmler showers In this
vicinity toulgbt sad Thursday.
COTTON REGION BULLETIN.
meridian time, July 10,
STATIONS
ATLANTA
DISTRICT.
•Atlanta, cloudy. . . .
•Chnttnnoogn, p. el’dy
Columbus, clear. . . .
Gainesville, clear.'. .
Greenville, clour, . . .
Griffin, cloudy. ....
•Macon, clear
Mont Ice! lo, clear. . . .
Newnan. p. cloudy. .
Rome, clear
Spartanburg, clear. . .
Tallapoosa, p. cloudy,
Toccoa, dear. .....
Wost Point, clear. , ,j „ ...
’^SnpTmum~ti5)pe?iHareirTr«^or~IFhoar
period cudiag 8 a. m., this data,
Fcbriever,
Wen thorford, Tex J 86
Ardmore, Okla,..., im
Special to The Georgian.
(From Hayward, Vick A Clark.)
New York, July 10.—Loiidou market weak
on monetary apprehension nnd the Jnpanes
affair. Some of English eorres|»ondeut* u
Tho Hogue regard rotations a* straluod.
Tim market did uot stand tho tost very
woll yesterday, nnd boar clique* started ag
gressively to attack the market. Tho with
drawal of Union I’nolflc United States de
posits today and Union Pacific affair* will
help to restore confided
Town Topics: We k
unsettlement today, but the reaction has
about run its course and good stocks should
bo bought on wonkuess. The break in cop-
S er metal will re-establish tho trade on a
rm foundation. The bulk of the Amalga
mated product has been marketed uo better
than the basis reported for the current
head with plans that have boon ...
ibernnee nnd the demand should take care
of the total production. We look uow for
an Hlinost constant advance in Amalga
mated and Anaconda, os well us other Cop
per storks of known worth.
Federal attacks on triista will scarcely
avail to depress prices materially, as inside
Interests aud ths more aggressive mnulpula
-T subscriptions to the convertible
bonds, but this will l>c only momentary.
Money conditions are better than would np-
less prove bullish on stocks. Business Is
good, condition* generally are sound and
good stocks should sell much higher during
the next thirty days. Resides the Coppers,
we are especially bullish ou the Hills, liar-
rimnns, American tVtneltlug, Northwestern,
St. Paul, Atchison, Louisville slid Nashville,
nnd Atlantic Const Line.
tomorrow. Since the last settlement the
bull neeonnt In American clocks has been
increased, as the selling has Indicated, nml
it la not desirable that these commitments
bo too large.
There will be a special meeting of the
However, tqe •*r A et lias
. .• this.
stive men on tht> stork exchange
say thnt good crops nud a return of fund*
"rom the Interior to build up the reserve*
•f the bank* materially will assist tho of
orts made to nut up stocks.
Pittsburg advices nre to the effect that no
ncicnne I* likely In tho coining dividend
»n United.Htates Steel common. Tho meet
ing of the director* to declare the dividend
will be held on July 30, at which time It 1«
expected that several iinportunt niembe
of tho directorate will Im* lu Europe,
tho absence of these tho 1'ltsburgeru think
no important action will be tHken. Apart
from ibis it I* argued that the common
shareholders will receive no IncroA** until
sufficient money lias ticni set aside to cover
tho cost of the 176.009,009 new steel plant at
Gary.
THE COFFEE MARKET.
START WAS WEAK
AT SHARPJECUNES
Activity Shown bv Govern
ment in Anti-Trust Leg
islation Factor.
COPPER METALLOWER
June .. ..
July .. ..
August .. .
Heptember ,
Opening
..Pm! TO
,.8.45-fi.TO
. .5.30 r».5u
..5.40-6.45
CIo*m. ■
6.60-5.70
6.63-5.70
6.70-5.75
6.804.86
6.80-5.86
6.55- 5.TO
5.55- 5.TO
6.66- 5.60
6.66- 8.60
6.56- 5.60
6.55-5.60
6.604.66
CENTRAL
STATION.
DISTRICT AVER AG EH.
Atlanta. . . .
Augusta. . , .
Charleston. . .
Galveston. . .
Little llock. .
Memphis. . , ,
Montgomery. .
New Orleans..
Oklahoma. . .
Savannah. . .
Vicksburg, , .
Wilmington. .
T. Indicates Inappreciable raiufult. •!
yesterday, ••For 24 hours ending 8 a.
16th meridian time.
Remarks.
The temperature ha* risen throughout the
eastern district, and I* stationary or slightly
J. B. UARBURT.
Section Director.
WEATHER FORECA8T.
er lakes light to fresh, and mostly south
westerly.
Temperature changes will he unimportant.
North Carolina— Showers tonight or Thurs
day; light to fresh wluds, mostly south
westerly.
Bon th Carolina and Georgia—Partly cloudy
tonight: Thursday showers; light to fresh
winds.
.uu.n., ..
ino.Ur «outhwesterly.
■*, WMt-rn I
Extern Florida, WMt.rn Florid., Ale-
hxiiiu nod Mlululppi—Partly olondy to-
ulylit; Tliuredny ,bow*n; ..ruble wind,
Kentucky nnd Tenneaioo—I-wnl thunder
Ihow.r. end not much chungo In tempera
ture tonight nnd Thur«dny.
Loulitku—Thuuder .bower, tonight end
Thnrudny; light to fro.h southerly wind, on
the coast. . , . . . .
Eastern Texas—Showers tonight and to
morrow; light to fresh southerly winds on
^Western Texas—Showers in northern, fair
In southern portion tonight and Thursday.
Oklahoma, Indian Territory and t Arkansas
—Thuuder showers tonight and Thursday.
GILT EDGE STOCKS
Central Bank and Trust Corporation,
Bowden Lithia 7 per cent Preferred,
Central Bank Block Association,
Dixie Cotton Mills, LaGrange, Ga.
Write for prices.
HILLYER INVESTMENT CO.
Bond Department. English-American Bldg.
COTTON SEED OIL MARKET.
July 55%S56% 55%«M%
8epteml»cr. , . . ,\ . 56% 5T.%<I.V;
October. ....*••• 62%<U63% 52 ffl52%
November. ...... 44%%4f> 43%$44
December. 4!%ft42 4!%g4t%
January 40%4H1% 40%M1\
Following were the cotton sew! oil sales
for the opening nnd close: 199 November at
44, 600 Deceuilier nt 41%. Closed steady.
4% UNION 4°/
SAVINGS BANK
Could Budding
CAPITAL STOCK . . . S 100.000.00
. ' RESOURCES 0 .
47o S250.000.00 4 lO
Initial Prices Showed De
clines Extending to Over
Two Per Cent.
New York, July 10.—The combination of
ml verse fnrtora which confronted fhe Wall
street dealing* this morning were enough
to hnve broken any mnrket. There were
the new and radical proposals of the govern
ment outlined In connection with the to
bacco suit. There w«* abundant evldenca
thnt when the result of the Union rncifle
convertible bank subscription wee announc
ed today It would not make altogether
plenHunt rending ns an Index to investment
conditions. There was a had smash In tho
Copper shares on all foreign markets this
morning following the official reduction yes
terday In quotations for the copper metal.
Finally 3l.5on.000 more of gold was announc
ed for export, anil n sharp advance occurred
in call money rate*, loans being made Itefore
in Id day a* high a* 7% per cent. This wns a
formidable enough accumulation for any
market to withstand, z'rtces were well
down In the early London trading nnd they
support, but the liquidation i
Ing went ou in far greater volume aud
lower level* were constantly reached.
New York, July 10.—Tho stock market
te copper
1 showing of great activity ol
part of the government til anti-trust legisla
tion. 8t. l’uul lost 2%. Amalgamated and
Anaconda Io*> l%, Union Pacific fell 1%,
and other lending Issues were down 1% to
MONEY AND EXCHANGE.
New York. July 10.—Money on call
5 per cent; time loans Arm; sixty days
4 1-4(014 3-4; ninety days 5051-4; six
month* S 1- 405 3-4.
Posted rates: Sterling exchange
34.8404.87 1-2, with actual business In
bankers* bills at 34.866004.8670 for de
mand nnd 34.83 1-2 for sixty-day bills.
Prime mercantile paper unchanged.
London bur sliver steady and un
changed at 31d. New Yofk 97 l-4c.
Mexican dollars 62 l-4c
GEORGIA RAILWAY
AND ELECTRIC CO«
Boston, July 19.—Following was the bid
nnd nsked price on GCorgl* Railway and
Electric Company today: 86 bid, 88 asked,
preferred, none.
MINING STOCKS.
Boston, July 10.—Opening: North Butte
86%; Shannon 18%; Quincy 121; Copper
Range 82; Saute Fe 3%: Old Dominion 48;
Daly-West 14; Trinity 25; Smelting 4D%.‘
Mnrket weak.
THE LONDON STOCK MARKET*
Anaconda
Atchison
do, preferred .. .. ..
Baltimore and Ohio .. .
Chesapeake nnd Ohio ...
Chicago nnd Great Western..
Cnnndlnu Pacific
Erio
do. preferred .. .. .. ..
Illinois Central
Louisville nnd Nashville ..
Kansas and Texas .. .. ..
do, preferred .. .. ..
Mexican Central preferred
New York Central
Pennsylvania .. .. .* ..
Ontario nnd Western .. ..
Norfolk and Western .. ..
Philadelphia nnd Beading
Buck Island
Southern Railway
do, preferred
Southern Pacific
St. Paul
Union Pacific .. .. .* •.
United State* Steel
do. preferred
Wn bash, preferred
00%
i£j
Hitt
12314
iwi
THE AMERICAN AUDIT COMPANY
Homo Offlte, 100 Broadway, New York City.
F. W. LAFRENTZ, 0. P. A., President.
C. E. M.nuartng, Vic. Pre.ld.nt, Theo. Coch.u, Jr. C. P. A., Sro. and Tfll.
BRANCHES
ATLANTA—Fourth Nttfl B.ntt Bid*.
CHICAGO—Marquette Building.
BHILADBLI TA—Bellerue-Stnitfori.
SAN rr.ANCISCO—B.ld.n Building.
NEW YORK—Waldorf-Aatorta.
BOSTON—Exchange Building.
WASHINGTON—Colorado Building.
NEW ORLEANS—H.nn.n Building.
BALTIMORE—Fidelity Building.
LONDON. ENOLAND—4 King Street Cheap,Id*.
AT-ANTA BRANCH 1015-18 Fourth N.tlonal Bank Building.
0. B. BID WELL, Resident Manager.
Telephone, Main 87Z Cable Addro.., Amdit. N. V.
FRANK HAWKINS. I'rnldent.
ft.&itvWoW'sKs.Si, rmflaasi
Third National Bank
Capital - - - - $200,000.00
Surplus and Profits $400,000.00
FRANK IIAWKINS,
II. M. ATKINSON.
JOSEPH A. M’CORD.
J. H. NUNNALLY.
J. CARROLL PAYNE,
B. B. ROSSER,
DAVID WOODWARD.
L. H. Fairchild. Established 1885. 8* J. Whit*
L.H.FAIRCHILD & COMPANY,
NEW ORLEANS.
Mem ber,:
OrMM «“k totffin, Chlra,o Board of Trade.
.w Orttan. woe. C0TT0N ASSOCIATION.
Prlrat. Wire, te NEW YORK end CUICAOO. Order. »llclt«J for futjr. d.U»-
m i on above Exchange* u. c. com baa.
ALONZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building.
Bell Phone, Mala &k
Atlanta. Georgia*