Newspaper Page Text
THE ATLANTA GEORGIAN AND NEWS.
SATURDAY, JULy », 1307.
19
TRADE IN COTTON
Abundance of Good Crop
News Was Received by
the Trade Early.
LIVEEPO OL LOWER
Started Lower, Rallied, Re
acted and Closed 1 to
5 Points Down.
NEWS AND GOSSIP
of the Fleecy Staple.
kPt at tli* outlet will generally lower, with
iho P-[.'option of July, which was hid up
acnln hy room shorn. Ksrly trading was
uiatnly protessloual.
After n slightly lower opening on futurss
h soiv York, due mainly to n lower Liter-
i,tiu] tlinn due, n rally of iome 2 to 70
ioluts occurred on eveulng up trananetlons,
lint Inter the adnnen was lost, the de-
nreulng Influence lielng the receipt of nu-
iucrriui wires, espeelslly from Tezss, glTlug
ulowlng aeeounts of the crop.
At the close the tone wns quiet, net l to 6
points under Friday's final flguree.
Compnrntlve receipts nt all l'. (t ports:
Vet receipts Hntnrdny, Juy 10 74S
Some dny Inet year t,M8
■ 'mine 2,840
GOSSIP MKTS
Special to The Georgian
• Co,,
near'ond 3U&u U ki 1 {*® 7 higher on
ed° higher on distant. Open-
SU?** 3 point* advance ou neat and 4
Ht n^nif 1 £lo*«d quiet but steady
and 0 of et *^2r^r ce P° ,nfH on near
°I i p ? nt# on mutant. Spot*
4 000*- Amari nn ofe er; DilddUug 7.09; anlos
100* Speculation auil export
“ today e*tl-
lLl r '^ a ‘T"» “"■Itching to the bear klile
H.J“ l ,f ot , l!0 ‘’I" 11 - nn ' 1 'I'cfc l» nil uii-
CC 1 ™? at •"■c'S'h, with many willing to
jffif, ,K ““f concessions. The opinion rules
clique Is after cheap cotton,
and Is willing to senre the weak longs with
hui'US in"\ 'll" 111 J w “ ,er . "C think, to
on all declines frohi now on.
Hie statistical imaltlon of cot-
!?“ OJ. I rldny. July, 19. ns mndo tip hy The
Now York Financial Chronlcloi
This foist foist
, Week. Week. Yenr.
2,518,642
nPSilul* “vr** lt8 5°*: 4 r 2,011,436 1,382,641
f ?*’’*.* 82,364 68,000
Since Sept. 1....13,180,241 13,141,604 10,765,093
Port stock* .... 314,068
Port receipt* .. 10,668
Export* 11,191
Int. receipt* .... 10,678
Int. shipments.. 33,430
Int. stock* 115,217
Following 1* the Liverpool cotton state
ment for tne week ending July 19:
1907. 1906.
36.000 86.000
31.000 29,000
1,800 1,600
319,069
13,787
28,160
UM
137,969
10.099
128,150
158.701
Week a sales
Of which American ....
For export .........
For speculation
Forwarded ...
Total stock*
Of which American ....
Actual exporta
Week’s receipts
Of which American
Since September 1
Edited by
Joseph B. Lively
MARKETS
Ur. Lively’* twenty-fir*
year*’ experience of eti
Iting market* In Atlanta
and the South ha* made
him a recognised au
thority In bli specialty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
TIPS FLASHED
From Wall Street
Special to The Georgian.
(From Hayward. Vick A Clark.)
New York, July 20.-J. H. Bachs A
London prices slightly Irregular.
The market showed a vast amount of
strength^ yesterday^ button the whole,
led
all
SAMP. OF STOCK.
Atnnl. Copper
Am. Ice Securities. ..
Am. Sugar Refinery. .
American Smelting.
Am. Locomotive. . . .
do. preferred. . . .
American Car F. . . .
American Cotton Oil..
Anaconda.
Atchison .
do. preferred. . . •
Baltimore A Ohio. . .
Chesapeake & Ohio. .
Canadian Pacific. . «.
Chicago & Alton. . . .
Consolidated (las. . .
Central Leather. . . .
Uo^erred.
Colorado Fuel A Iron.
,, 7.729 470 ur "’Meh American .
8,070701 ,* 0o “ t
- Of which American..
SPOT COTTON MARKET.
... 69,000
..1,022,000
.. 886.000
. 17,000
.. 34,000 28,000
.. 22,000 11,000
..4.769,000 3,796,000
..3,835.000 2,483,000
.. 40,000 67,000
.. 12,000 60,000
Delaware A Hudson.. . . .
Denver A Rio Orsnde. . . .
Distillers* Securities
Erlo
do. preferred. ......
General Electric
°*eat Western. .......
§12,000 interboro.
do. preferred
Liverpool, dull: middling unlanda 7.09.
iui*t aai.ui.iiUK 1..UU,
Wew orlentis, steady: middling 12
Augusta, steady; middling 13ft.
S;i\;tiniah, steady; middling 12ft.
Memphis*. steady; middling 13c.
Galveston, quiet; middling 13c.
rharleston, nominal: middling 13*4.
Wilmington, iiomltml: mlddllug 13ft.
Norfolk, steady; middling 13ft.
Sr. Louis, steady; middling 13ft.
Halriniore, nominal; middling 13ft.
Koston. steady; middling 12.9w,
I’lillndelphln, steady; middling 13.20.
Mobile, steady; middling 12ft.
Houston, steady: mlddllug 13c.
Cincinnati, nominal.
Louisville, firm; middling 13ft.
TODAY'S PuRT RrtCEIPTS.
c following table shows receipt* at tbs
ports today, compared with the same day
fast yenr:
* » by room traders with a few hundred
bale*.
.•us Christl, Tex.: *
evening, the South Onto gin
out forty bnles. and lias n large amount of
seed cotton on ham! to keep It golug. Many
wagon loads of cotton from adjoining terri
tory roll In throughout the day. This time
lust year there wns not n bale ginned In
this section. Prospects good for n heavy
yield, ricking Is pushed us fast ns linuds
can ho had.’
Mldwav, Tex.: "Very hot and dry. and
If ruin does not romo soon cotton will al
most be a failure. Tho best that can he
expected of cotton Is thnt of Inst year’s
yield.- Boll weevil plentiful, despite the
dry, hot weather. Everybody discouraged
over the outlook.”
Elliott, Tex.: "The hot, dry weather for
the past ten days had n good effect on cot
ton. While weevils nre still In evidence,
fields nre whlto with blooms, wlth*a pretty
good crop of bolls."
INTERIOR RECEIPTS.
The following table shows receipts at the
Interlt— towns today, compared with the
mine .lay last year:
HESTER’S WEEKLY
COTTON STATEMENT
•erctnry Hester’s statement of the mors-
The aimiiint brought Into right during tbs
RMl week has boon 10,618 bales, against 37,•
BA the seven days ending tblas date Inst
ywr, 126.682 year l»efore Inst and 14,047 same
riUttriMritttaBi ‘ for the nineteen days of
96.068 against 161.1H Inst
r before last and 68,185
time
f* inuv
vlpts nt
42 voi
In 190w ■ ■
emunt since fifefitarabar 1 •hows
nil united State* port* of 9,709,-
>igainst 7.725.801 Inst year, 0,S2O,Co4 year
rig"" !List Olid 7.098,864 same time In 1904.
i'l serosa the Mississippi, Ohio and
--e rivers to Northern mill* and Can-
*'la. 1.211,276, against 972,911 Inst year, 1,07V
PfK far lief or* ln»t and 918.811 Mine time
In I'KH; interior stock* In cxeees of those
hfi.l nt the close of tho commercial year
against 37,515 Inst year, 107,000 year
before Inst and 50,806 same time In 1004;
fcmfhern mill taking* 2,278,000, against 2.-
164.500 Ust year, 1.986,216 year before last
1 ^2.402 same time In 1904.
Thes*» tnnke the total movement for the
*7 day* of the season from September 1 to
«Ute 13.306,877, against 10.890.8f7 Inst yenr.
l-.992.o7S yenf before Inst nnd 9,869,885 same
Jim- In 1904.
J-"reign exports for the week have been
■te*. against 38.793 Inst year, making the
thus far for the season 8,298,968,
}gjn« 6.360,609 lost year, an locresse of
Northern mill takings and Canada during
in*- past seven days ahow a decrease of 527.
M f, »nipnred with the corresponding period
[■■t year, nnd their total tnklngs since Hep-
temhef i bar* Increased 196.029. The total
taking* of American mills, North, South and
j thu * fap I° r the season have been
Mil.s.%, against 4,662,804 Inst year. These
loriuii# 2540,662 by Northern spinners
.... . —|,4S.
the seaboard nnd the twenty-
< Southern Interior centers have
„ . - daring the week 27,894 bales,
decrease during the corresponding
l^rl 'd Inst season of 36,680 ami are now 32,-
r) ln , rp , p . r th *» this date In 190*.
I Including stock* left over at port* and In-
m,?i r to ^ n * from the last eroo and the
JtxumJ-'r of bales.brought Into sight thus far
KL ,h * i— m |M| *“
1L*3,m7. a gains
tl r -l Inst year.
SPINNERS’ TAKINGS
AMERICAN COTTON
Secretary Heater give* the takings of
American cotton by the spinners of
the world as follow,, In round num
bers:
This week 1(7,000 this year, against
128.000 last year and 163,000 year be
fore last.
Total since September 1 this year
12.314.000. against 11,124,000 last year
and 11,608,000 tho year before.
Of this Northern spinners and Cana
da took 2,624,000 bales this year,
against 2,244,000 last year and 2,200,000
the year before: Southern spinners
2.348.000, against 2,218,000 last year and
2.206.000 the year before; and foreign
spinners 7,442,000, against 6,612,000 last
year and 7,222,000 the year before.
ATLANTA MARKETS.
FRUIT AND PRODUCE.
EGGS—Active. 17B17I4C.
Kansas A Texas.
~mr
122*
U3% U«i
m
69
92%
Hi
a
UK
li ?
ft*
MW
NAME OF STOCK
Kaliinh ic Texas pfd. .
Louisville A Nashvillo.
Missouri Pacific . . .
Mexican Central . . .
New York Central . .
Northwestern .....
National Lead
Norfolk and Western
Northern Pacific .
Outarlon A West..
Pennsylvania ...
Pacific Mall . , .p
People’s Has Co. .
Pressed Bteol Car. \ ,
Reading
Rook Island
do. preferred . . . .
Repub. Iron Ac Steel . .
do. pref. .
Southern Pacific
Southern Railway. . . .
do. preferred . . . .
St. Paul
Tenn. Coal tud Iron . .
Texas Pacific
Union Pacific
U. 8. Rubber
Western Union .
Wabash
do preferred ,
>ri : ‘
66Vi
3$
3®
= 3'
53
104ft
8
.ft
NEW YORK.
Tb. following Is tbs range la cotton fa-
tores In New York today:
I’
July..
Oct. . .
Nov.. .
Dec. . .
Jnn. . .
Feb.. .
March. ,
Closed
. 111. 86111.88 jll.te
. 11.47 11.50 11.46
. 11.40 11.42 11.87
. 11.6811.7311.88
. 1 ]iV.92|il.94 11.92
M I
c
quiet.
11.88111.76- B
11.47 11.45-17
11.37 11.36-37
11.71 11.70-71
11.68-70:
11.7611.76- 77 I
11.82 11.82-83
11.86-88
11.94 11.91-93
it
mr
11.4(5 57
11.41-43
11.71-72
11.79-71
11.78-79
11.85
11.89-91
11.06-97
LIVERPOOL.
Following Is the opening rsnte. 3 p. m.
and close, compared with yesterday:
Futures opened steady.
Opening
„ . Range.
July... 6.7C
July-Aug 6.74M
Aug.-Hept (J.G2N
Sept.-Oct 6.83 (j
Oct.-Nov 6.46
Nov.-Dec 6.42
Dec.-Jan 6.41
Jnn.-Feb 6.41 -6.41ft 6.39ft 0.37
Feb.-March 6.40 6.40 C.37^
Mon»h-April 6.41ft-6.42ft 6.41 6.88M
April-Mny........... 6.43 0.42 6.3»ft
Closed quiet but steady.
the Rurllngtou melon (cutting.
‘ The New York Times
Tho
NOTES ON GRAIN.
Pointers on Provision*.
Vick A Clark.)
Chicago, July 20.—Bartlett, Frasier A
Hug ton: Generally clear weather aud sea
xcnnble temperatures throughout the grain
belt. Movement of wheat shows Home
slight Increase. Look for better receipts
from uow on. Volume of speculation light.
A greut deal of bull news from tho north-
went, but uot accompanied by buying or
ders. Would not be surprised to sc* the
market work off some.
Weather perfect iu corn. It Is catching
up lost ground very rapidly. Demand very
moderate. Think will sell lower.
Oats are a slow* sale, and, while the crop
Is spotted nnd reports of yield nre con
flicting, we must not forget that the price
Is 10c a bushel higher than last year. Would
prefer to *e!l them on the hard spota.
Provisions are very dull. Very little
speculation, but would prefer to buy them
any break,
t bound.
active, 16ft 17c pound; fries, active, 2S03Oe
pound; bens. 13614c pound; ducks, drawn,
*Pr&I)UcB—Lard, 12e pound; hams a*
five 16c pound: shoulders active 10®llf
pound: sides active, 11c ponnd; butter dull;
JoftlZftc pound; beeswax active, 2Sc pound;
honey, bright, active, 10c pound; honey In
nient Into sight, compared with the
wren- days ending this date Ini “ " "
■Increase, In round figures,
...iuc under the snhie dnys i _
of 101,000, nnd an increase the snfUe tun#
In Urn of 6.009.
Fur tho nineteen days of July the totals
•lk*tv a decrease tinder last year of 66,000, ...... p ... ..
6#erense under the same period year before straights, 3 cents ner pound; pineapples,
Inst 2l2,00i) nnd an Increase over the same. Florida stock, $.00©2.60; limes, Florida
lUii" In 1904 of 38,000. — ’ /1A *’
I "| the 322 daya of the season that have
Hspsed ihe aggregate Is ahead of the 322
‘»«>f Inst year 2.415,000. abend Of the
days year before last 314,000 and
•bead of 1904 by 3.440,000.
1-pound blocks active, 12ftc pound.
FRUITS—Lemons, fancy Measenn, 15.50;
bananas, per bunch, cnll# active, $1.00;
lbs. each, owing to grade, per lb,
jntaloupcs, 76c to 11.25 crate; wa
termelons, 10G16C each; Georgia peaches,
Sl.00fH.6O crate: rhubarb. 76c bunch.
VEGETABLES— 1 Tomatoes, pilow sale and
seeling at 70c to 75c. Potatoes, new. $2.76
«f.OO per barrel. Onions. Georgia, $1.60 per
■ *ief; Egyptian, 4ftc-per pound; nkio, six
nnsnets, small, $1.50; kraut, half barrel,
13.75; egg plant, $1.2501.76.
GROCERIF.8.
RICE—Jnp 5ft6ftc; head 6tt7c; fancy head
fftOT. according to the grads.
CH EE8E—Fancy full cream, 10 cents;
Georgia cane syrup 37 cents gallon; salt,
109-ronnd. 50c; *xl»* greats $1.75; soda crack
ers 0ftc pound; lemon, *c; oyster. 7c; bar
rel candy, per ponnd, «ftc: mixed, p«i
ponnd. 0ftc: tomatoes. 2-pound. $2.00 case;
8-pound, $£«: osvy lieans, 12-40; Lima beans
$c; best matches, per gross, 81.05; macaroni,
6ftft7c pound; sardines, mustard, S3.25 case.
SUGAR-Standard granulated, 5.20; New
Y &VV'^h^.I'A«Ai, : b..k i.
lull, anil harr.1, 12.1 ,r..D 11012c.
8hr«lcl«l blacuU 28 caw: No. 2 rolled oat,
u.« cau: Mck «»•. to-ponml bjf^ V1.SS:
or,tern, full w.lflht. « on,.: I lent wrlcht
J1.10 »■*: pepper, ISc lb.; luklti* powder IS
ca,o: red anlmon. IS c#*": pink ulmon, 24.2S
enae; cocoa. «0c; ckwealaf#, S2; anaff. Mb.
lara. 48c; roaat l»wf. 22.W cue; corned beef.
:2.«0 caae; catanp. 21.20 not: alnin. New Or-
eena. 2Sc xnllon; corn. Me gallon: Cuba
pennii:.. 2c; roro,
nine leadlni
Hayward, vick a clark’s
DAILY COTTON LETTER.
° V York, July 20*.—J. 8. pache ft
5, market wax chartcterlxed
r nlefty by dullneaa and the little trad-
15* l ^ at took place was by the pcofea-
Jbjnal element. With Uverpool lower
expected and with little in the
•wttsticai position to'warrant an ad-
Ya ni*e, the market opened slightly be
low' Inst night's close and held steady
arrjund these figure*. There fa sudden-
ly nn abundance of good crop news
from the more favored part* of the belt,
while other section* report no Improve,
ment. Reports from dry goods centers
are good, but buyers of tire raw mate
rial are somewhat renictatit with their
purchases. The speculative element
seem* to work for lower prices In an
ticipation of a good government crop
report In August.
Tho Chicago Record-Herald: E. B. Wood-
worth, of Minneapolis, says: “We have bad
three men out covering North Dakota, look
ing up the crops, and our advices do not in
dicate much over a half crop in the northern
half of the state. Business men-and bank-
era concur In this view. The southern hslf
of the stnto looks better, lmt the durum
acreage In thnt section Is larger, That part
of North Dakota having the largest spring
wheat acreage has the poorest prospects.
Wheat la beglnnlug to head out and the
bends are geuernlly short. The stand Is
poor nnd uneven, much of the straw being
so short thnt It can not be cut with a
hinder. The crop Is uneven, nnd there are,
of course, some good fields. There are
fields that will not be cut and a good many
■fields nre being plowed up.
James Blmpaon. of New York, the well-
known oats specialist, estimates the,total
crop this year nt 725.000,000 bushels, as com
pared with 064,000,000 bushels ns the govern
ment final figures of last yenr. 'My fig-
are based largely on what 1 have
Falls on my way out. I made n fairly
ful canvass and have set Illinois down ror
less than 100,000,000 bushels, lows at 100,-
000,000 to 110.000.000 bushels nnd Wisconsin
nt about Bo,000,000 bushels. I do not take
snv stock In tho predictions that Wisconsin
ill ship no oats.”
J. A. Waring, who has lust completed nn
examination of the largest producing wheat
sections of the Canadian Northwest nnd
tho states this side for Wrlgbt-IIogert, re-
turned Thursday and summarlaed all of his
reports. “I believe thnt the northwestern
states and the Canadian Northwyat cun
not possibly raise moro than two-thirds to
three-fourth# of Inst year’s crop of wheat
under the most favorable circumstances,’’
said he. “The things to !>e feared up there
are hot winds now anJ frost ft little later.
Wheat looks fairly g<M*l on new land, but
rather poor on old. The crop on the new
lend Is fully n week ahead of that on the
old. This difference In the bind accounts
for the very spotted condition that every-
ImmIv notes who travels through that conn-
NEW ORLEANS.
,B CO,,OD ,0
1 *
1 c
M
5
1 gi
2 2A
i
0
m
July 112.84
Aug
Sept
Oct 12.02
Dec.", \ *. I iV.97
Jan 12.01
Feb
March. . ..(12.13
iTSi
1107
lihoi
12.06
ii: !is
l2.K4jl2.S4
iiofedB
il'.WUOO
12.01 12.04
i2.'i3(i2.'i3
12.80.86
12.63-70
12.47
12.04-05
lV.9!7i2
12.04
12.03-10
12.14-16
K.SS-06
12.66-74
12.44-49
12.06-07
12.04-06
12.01-02
12.00-07
12.09-11
12.16-17
* Closed steady.
—
Jnrllngt
Idea ns detailed in
unofficially states that It may mean a dis
tribution of $2fi rath dividend to Northern
I'nclflc stockholders nnd a guarantee on
Great Northern shares. Tho big earnings
of the Kiirilngton warrant this, nnd tns
whole scheme contemplates n complete re
adjustment of relations of IIIII roads. This
scheme Is Itottled up for the near future.
The market will broaden aud develop
gradually.
The bnnk statement will be very satisfac
tory to the bulls. It will mean good re
serves upon which to predicate a hull
kef.
Town Topics: The broader character of
the market Is attracting attention and la
calculated to Increase outside Interest. The
upward tendf — — ~
Erles, Kansas
sns and Texas and Pacific Mall ahow that
the merits of the low-priced Issues are not
Kt. Louis nnd Ban Francisco, Texas Pacific.
Big Four, Nickel Plate nnd Ontario and
Western should not also share In any gen
eral rise which may still be the portion of
the more active list. Figures like those
published by Hnrrlman roads are worthy
of large consideration, and one can not go
“rrong in buying either Union or Southern
■aclrte on the weak spots. We believe
there nre from 5 to 10 points on the bull
side of the steeks. ’
We remain confidently bullish on the 11111
Issues, which, with the Burlington, ar«
rolling up earnings calculated to mnke hold-
ers enthusiastic.
Bending has not shown Its true form as
yet. but wo would keep on the long side
of It.
8t. Paul and Amalgamated will work con
siderably higher on.their merit*, nnd such
stocks ns Baltimore imd Ohio nnd Atlnutlc
Const Lino will uot always he Ignored.
The bank statement Is tne subject of vary<
WHEAT DECLINED ON
WEATHEHEONDITIONS
Trade Was Light with the
Selling Mostly by
Professionals.
WEATHER REPORT.
WEATHER CONDITIONS.
Chicago, July 20.—Hal Wation made
a fierce anil aucceiuful drive at wheat
today, causing losaea of 1 2-8 to l-4c.
Watson Is the blcgcst man ot the
Northwest. He has lost money In nt
tempting to bull wheat of late and he
Is now attempting to get at least part
of his money back again. He has had
John Inglls, the crop expert, on the
road In tho Northwest, and flguros of
the prop will bo Kept up Watson's
sleeve until he has accumulated n
good slsed line of wheat when they
will be sprung and an advance Is ex
pected to follow..
World’s shipment of whent for the
week are estimated at 8,000,000 bush
els and a decrease In the amount on
ocean passage Is looked for.
CHICAGO CRAIN MARKET.
Chlcsgo grain and prorlnlon quotations
for today srs ss follows, compared wltn
yr-terdny'n clootl
Clear weather with high temperature, nre*
vnlla over the country cnat of the Itoclilea.
Iho rains In the Inst 24 hoar, have been
conn nett to the west K olf const amt the
•totes east from the Mississippi.
T"',' Pressure hns dec-reused east of the
Mississippi and In the northern ltoeky
Mountain districts. The center of hlghfat
• Is la I.otilslnnn, while the lowest
,ew —— —* ■
west.
section Holiday.
COTTON REGION BULLETIN.
that may come
' addition to thr
loty Atchison,
lie. Sugar nnd
tin before long.
u,ta' ‘
STOCKS AT CLOSE
SHOWEQJTRENGTH
Volume of Trading During
the Short Session Was
Small.
SOME ISSUES ACTIVE
Bank Statement Favorable;
Caused Further Advance.
Southern Pacific Led.
Now York, July 29.—The stock market
opened Irregular, but Northern Pacific,
i iii.it> r* ....
rallied ft. Ht. Paul started out'ft lower.
MONEY AND EXCHANGE,
THE C0FFEE market.
New York, July 20.-Follow!ng nre eoffes
nblea:
Havre, 10 n. m.—Market steady; 12 noon,
idvaneed ft frauc; sales, 14,000.
Hamburg, 1U a. m.-Market unchanged to
i nfimntg up; sales. 28.000.
receipts. 2,000; market stead;
star.
1,470,00
Hno Paulo
.Iumllahy
The following figures give the opening
as and close In the New York coffee
iket for today:
merldlau time, July
DISTRICT.
ending at
20, 1907.
*Atinnfn, clenr m Tf
j hattanoogn, cloudy. 91 7*
Columbus, dent/ . .. 96 74
Gainesville, dear. . ! “ ~
Greenville, dear. . . ,
Griffin, clear
•Macon, clear
Montlcello, dear. . . .
Newuan, clear
Rome, clear
••Spartanburg, cloudy
Tocoa, clear
Point, clear, , ,1 w
temperatures are tot 12-boMr
s/5f
i?
opening
llange.
..8.75
..6.75-5.85
,.6.90
April 6.90
May 6.90-5.96
June 6.90-6.00
July 6.75
August 5.80-5.00
September ,.6.70
October 6.70-5.75
November 5,73-5.60
December .« .. $.75
Closed steady. Sales 19.250 bags.
Close.
5.75- 6.80
5.00-6.86
6.86-6.90
6.90-5.96
5.96-6.00
MB 1.00
5.75- 5.80
tgH
5.706.75
5.706.75
6.75- 6.90
WORLD’S VISIBLE
SUPPLY STATEMENT
New York, July 20.—Money on call
none; time loans none.
Posted rates: Sterling exchango
$4.84<&4.87 1-2, with actual business In
bankers' bills at $4.868604.6890 for de
mand and $4.836064.8170 for alx$y*day
bills.
Prime mercantile paper unchanged.
London bar silver SI l-2d. New York
bar silver 68 3-8c.
Mexican dollars 53 l-8c.
NEW YORK BANK STATEMENT.
New York, July 20—The weekly state
ment of the New York associated banka
shows the following changes:
Loans $1,100,260,000. increase $414,100,
Deposits $1,072,991,200. Increase $2,231,600.
Circulation $60,382,300, Increase $60,000.
Legal tenders $72,567,000, decrease $181,400.
Hpodo $204,708,200, Inc rease $2,960,100.
Reserve $277,336,900. Increase *.’,768,9)0.
’ Reserve required $268,847,500, Increase $667,-
879.
Surplus $9,088,076, Increase $2,211,026.
Ex-Uni ted mate# deposits $16,032,909, In
crease $1,845,900.
WEEKLY 8TATEMiNT OF
ATLANTA CLEARING HOUSE
(Darwin O. Jonee. Manager.)
Clearings Saturday, July 20 $ 677,514.26
Same day last year
Increase
Clearings for
MINING STOCKS.
517,720.83
5,793.44
4.076,331.89
8,674,865.51
401,406.88
Copper Range 80%.
78. (VnhMinliii
Market firm but
30%.
don.
LONDON STOCK MARKET.
STOCKS- ! c
Oct... ,,10
Rina-
July
P.pt... 8,08
Oct...' t.M*
WEEKLY CHRONICLE’8
REPORT ON WEATHER.
New York. July M.-Onr t.lefraphle ad
vice, from tlic South nr, quit* tern-rally of
11 tntlufnotorr tenor. The weather line been
.....e favorable rlurtnx the week ae a rule,
dlthouxh In rate eeetlon. It l» etalmed that
moisture would be beneficial. The crop Is
retorted to be doing very well on the
LIVERPOOL GRAIN MARKET.
Wheat closed steady nnehnngsd.
Corn Hoik'd quiet ft off.
STONE & CO.
Candler Building,
ATLANTA, GA.
Tickets From
...and ...
To Europe.
We arc Agent* for all Principal
Railway and Steamihlp Line*.
|. P ly cotton, lie; «o*p, >LMC4 nil
PROVISIONS.
pnoviBIONS-Mihrune ham, l!V4e. belli-,
•WJK pound. averoKe, 918; fat back*. ».»;
Supreme lanl. 10: Purity compound. 8%:
California b«ini. Mr; dry nil extra riba
9.1fl.
FLOUR AND DRAIN.
FLOUU-nilthr** l>»*t pa
ent. fl.W; itandard patent, U.lt; half 1
«t I4 86; Iprinx whrat patent, K.K).
CORN—Vo. 2 white, 78c; eholre white. Me,-
white feed, Itr: Na 2 yellow, TJr; mixed.
J7°;_ cracked corn per buabel, ffc; bull.,
’chicken FEED—Ftftyjjouhd **ek». 98c,
Punla chick f-eil. 0.00; Victor feed. I1.S;
** OAt!—N*o’I’wMte.aOetNo. V mixed. Met
Golden oata, S»c: white dipped, f nwr
The reci .
and estimated
follow*:
Wheat
Corn
Oat,
Hu*,, head..
CHICAGO CAR L0T8.
cetpt, of (rain In car lot* today
noted receipt* fur tomorrow are a.
Today. Tomor.
period endlii* • *. ui„ this date.
Newliern. N. C
HEAVY RAINFALL
CENTRAL
station.
Memphis
Mobile
Montgomery. .
New Orient!..
Oklahoma. . .
Savannah. . .
Vlrk.bnrc. . .
Wilmington, .
U1STH1CT AVKI1AGKH
I §5
Hi
§ s i
f
THE SUOAR MARKET.
New York, July *>.—The local reflned and
raw ,n*ar market, are steady and unrh
ed. I,ondon anpir beet firmer; Joly-Au,
NAVAL STORE8.
. rpentlne quiet; the
•ale. were 2.222. receipt, 8I».
Ito.ln firm; »nlc,. 3.121; receipt*. 2,829;
window (Ian. 8G.80ti8.0G; water-white, K.M;
M. 85.SO:"n, 85.y.; K. IS.MwG.a; I. 85.00; II.
- O. 84 8094.8G-. F, 84-7GC4.*1; E.
T I>, 84.30; c II. 84.06ft4,15.
J. J. BARNES-FAIN CO/8
FRUIT AND PRODUCE LETTER.
Atlanta. July 20.—Thl* I* the period
of extreme dullnett* In nil line* of the
fruit and produce buxine**.
Watermelons nre In active demand,
at price* running from 12 l-2c to 25c.
Cantaloupe* have glutted the market
•btb merldlau time.
Remarks.
No weather rhnngps of nny Importance
have occurred during the past 24 hour*. Tin*
temperature Is slightly higher In the east
and about stationary over the rest of the
belt Light rains have fnllen In the eastern
districts. Clear weather prevails generally
throughout the belt.
} Secretary Heater's ^*temint r of the
world’* visible supply of cotton for the
week ending Friday, July 19, shows ti
decrease for the week Just closed of
177,790, ngnlnat a decrease of 168,062
last year and a decrease of 81,377 year
before lost.
The total visible la S.idMTB. against
•7,278,465 last week, 2.565,379 last year
and 3,118,426 year before last. ' Of this
tho total of American crop Is 1,867,675,
against 2,015,465 last week. 1,399,379
last year and 1,926,426 year before last,
and of all other kinds. Including Egypt,
Brasil, Indio, etc., 1,233,000, against 1,-
263.000 last week, 1,166,000 lost year
and 1,192,000 year before last.
The total world’* visible supply of
cotton as above ahow* a decrease com
pared with last week of 177,790, an
Increase compared with last year of
636,296, and a decrease compared with
year before Inst of 17,716.
Of the world's visible supply of cot
ton aa above there Is now afloat and
held In Greut Britain and continental
Europe 1,883,000 against 1,317,000 last
year and 1,612,000 year before last; If)
Egypt 68,000, against 65,000 last year
and 94,000 year before last; In India
719,000, against 767,000 last year and
881.0000 year before last; and In the
United States 441,000, against 406,000
lost year and 681,000 year bofore last.
WEATHER FORECAST.
Washington, July 20.—General forecast:
There will be showers this afternoon or to
night In tho mhhllo Atlantic states, follow
ed by generally fair weather Sunday; else
where In the east and south the weather
will be generally fair tonight aud Hunday.
Temperature chnnge* will bo ’pronounced.
cording to variety and condition.
Vegetuble*.—The local truck grow
ers arc practically supplying the entire
demand In vegetables, with the excep
tion of potatoes, which are being sup-
e lled by Tennessee points. The mar-
et Is good on these prices, ranging
from $1 to $1.15 per bushel, according
Amalgamated Copper .. .. ..
Anaconda ,.
Atchison „ .,
do, preferred
Baltimore nnd Ohio .. ..
Gheanpenke nnd Ohio .. ..
Chicago and Great Western
Ciumdlnu Pacific
Erie
do. preferred .. .. ..
Illinois Ceil trill
Louisville and Nashville
Kansas und Texas .. ..
do, preferred .. *. .»
Mexlcau Central
Northern I’nclflc
New York Central .. ..
l’eiinsylvanln
Ontario and Western ..
Norfolk nnd Western ..
Philadelphia and Rending
Southern Railway
Southern Pacific
«f. Paul
Union Pacific
United States Steel .,
do, preferred
Wnlmsh, preferred .. .. ..
1! ng
”-:=I
-Tft.127 -
foft
36ft
::il
.. 36ft
COTTON PRICES ADVANCED
IN SPITE OF BEAR EFFORTS.
COTTON SEED OIL MARKET.
September.
October. .
November,
December.
January JWftfMOft
Following were the cotton seed oil
New Orleans, July 20.—Tlmes-Democrat;
•'Either the imniutnblo law of compensa
tion Is nt work or the price opponent Is en
countering again nnd again n dead line
around 12c for October, Meanwhile the un
derwriter would sceni to be paying the spin
ner something like $5 a bale for the privi
lege of guaranteeing a 12c value on that op
tion. I.orally yesterday market Interest wits
by armed militia. No features of conse
quence In the trading save the ndvance lit
the fare of persistent a ml energetic effort
on the part of the hear leader. As a wh'>M
the trade la looking for a favorable govern
ment crop condition showing on the second
of August, but the students of the staple
firmly convlored that a goodly i»"r-
the belt has not shared In tho
1 at 64ft, 600 Heptember at
900. Closed steady. I
MEAL—iflnln. n-» 8*-po*nd seeks, 77-; «-
pound se-k*' 7S-; plain. 24-pound leeks, joe;
RHK* 1 -—’ kale,. 81.40;
HAYWARD, VICK & CLARK,
-r iSr-
*S2SJK?s c SKkffflSS.c.m.«. j—■ n,a
*. Bach, svsKw^Yis , i'c..R,«.T«. gg&uswasis
eoivArkvooE, to au. eouns.
IIAY-Tlmntbv. choice lara* link
o„ choice «mnll l)*lee, 81.i; No. *
bird hale*. H *f l nne-thlrd bale*
•1 B: eh«dee nrslrle, $1.00; Bermuda. $1.10.
BHORTB—Ubolee white. $1 JO; fancy" $1.50;
BrnD n *
mlicd Osh, ie pound; frcMi water trout, 8c!
very much thl* meek, and price* have j to fixe and variety,
dropped to the to IJc per .crate tor the I Onion* nre In (air demand at 11.50
very t>e*t, and many ehlpmenta have , per bushel.
been refused, a* the condition would I Egg*.—The eg* market ha* remaln-
not warrant paying express charge*. I cd unchanged (or several weeks, price*
Bananas have shown som* decline, | ranging from 17c to !7 1-2c (or freeh
selling now nt 2c to 3 l-4c per pound, i gathered No. 1 stock, and the demand
Pineapples art scarce and the de- j I- good and the supply plentiful each
mand light, prices ranging from 82.75 day.
to $3.50, according to sl*e. I All live poultry selling well at prices
Lemons have shown a sharp ad- ; quoted, the demand Isdng mostly (or
vance caused by the hot weather, 380- fryers nf. H-4lt> to 1 l-2lb average,
■lie Verdella variety bringing 85.25 to We look, for better prices to rule on
85 50 per box ' ; cantaloupes and peaches (or the com-
Peaches have been In liberal supply Ink week, and a good demand for Irl»h
the present week, and nrlcea have flue, potatoes, watermelon*, bananas and
tuated from 81 to $L,5 per crate, ae-1 other fruit* at .firm price*.
ALONZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
BeU Phoo«, Main
4%
UNION
4 °Jc
SAVINGS BANK
Gould Building
CAPITAL STOCK . . . SI00.000.00
- 0# I RESOURCES
4 /o I *200,000.00
Railroad and Industrial
Quotation Record
Raady for Distribution.
This booklet |Ivm THR HIGH AND
THE LOW, Capltullxntlons, Earn
ings, rfr., of the active lasues dealt
III on the New York Stork Exchange
for tho past month, na well as other
Interiortlng financial data.
WB RESPECTFULLY SOLICIT
YOUR OBDEUS FOR 1*UUCUA8K
OR HALE OF
STOCKS AND BONDS
for oaoh or on margin,
ALFRED MESTRE & GO.
Members of New York Stock Ex-
✓ change.
52 BROADWAY, NEW YORK.
Markat Lottsr issued on
110#,#00.00
COLD BONDS
(Montgomery Light and P. Co.)
to net Investor nearly < per cent Will
exchange for'State Georgia or City At.
lanta Bond* Write for descrlptlv* cir
cular. J. H. Hilsman & Co.. Atlanta,
Qa.
Empire Building.
ATLANTA-
ATLANTA NATIONAL BANK
ATLANTA. GA.
C. E. CURRIER, Preddent H. T. INMAN, Vice Pre*ld«nL
GEO. R. DONOVAN, Cashier.
JAMES 8. PLOYD, Aulutant Caihlcr.
Capital $500,000.00
Surplus and Undivided Profits $650,000.00
We Solicit Your Patronage.
GEORGIA.
J