Newspaper Page Text
1'EE ATLANTA GEORGIAN AND NEWS.
tubsdat, July a. im.
ENGLISH CABLES
LOWERJHAN DUE
Started the New* York Mar
ket Easy 3 to 6 Points
Down.
PR ICES RALLIED LATER
Buying of Good Character
Appeared on High Tem
peratures in Belt.
Vaw York. Jnlr a.—The cotton market
S ened e**y, being » to • point* lower, or
mit as had heon expected on the cables.
The list, however,, turned strong on sup-
nert from big local speculator*, who were
Influenced hr nigh temperatures In tho east-
"... belt and reports of damage to the crop
from hot winds. At 10:30 the list wa*
about 3 point* below Ia*t nightie close.
The market continued firm In tone
during the afternoon session. In the
last half hour the entire list showing
good advances. The close was steady,
with July 10 points up, September 1
point better and the remainder of the
list 6 to 9 points higher.
Fear* that a continuance of the pre
vailing hot weather *rl}l damage cotton
was the main influence.
I'mnparatlre recelpta at all U. 8. ports:
Set receipt* Tuesday 1.S57
gam* day last year 6,0S6
Decrease 4,498
Total receipts for throe days ..1 3,85fl
Same days last year 14.646
Decrease 10,700
Total receipts since September 1....9,803,487
Same time last year 7,740,641
Increase 3,062,903
Movement at Atlanta;
Recelpta Tuesday hone
Same day last year 10
Decrease 10
Sblpmeats Tuesday 85
Same day last year 364
Decrease '. 319
Stock on hand Tuesday
Same day last year a.
Increase
3.076
1.300
1,776
SPOT COTTON MARKET.
Liverpool, eteedy: middling uplands 7.11.
Atlanta, steady; middling 1218-16.
New York, ateady; middling 13.10.
New Orleans, quiet: middling 1213-16.
Memphis, firm; middling 13c.
(iilreston, Arm; middling 13o.
Charleston, nominal: middling 1314.
Wilmington, nominal: middling 1314.
Norfolk, ateady: middling lf“
St. Loafs, steady; middling 1 .
Iialtlmore, nominal: middling
Boston, steady: middling 13.10.
PhllndiSphU, sternly: middling
Mobile, ateady: middling 1214.
Houston, steady; middling 13c.
Cincinnati, nominal.
Louisville, steady: middling 1314.
TODAY'S PORT RECEIPTS.
The following table ahewa recelpta at the
K rts today, compared with the ume day
it year:
NEWS AND GOSSIP
of the Fleecy Staple.
New Orleans
Galveston ...
Mobile
Hnrnnnah ...
charleston ...
Wilmington .
Norfolk
Hoatnn
Philadelphia
INTERIOR RECEIPTS.
rbe following table show* receipts at th*
ttner towns todsy, compared with the
n< day last yesr:
1987/
1908
1015
657
64
126
242
JfiO
656
Cincinnati
100
Totals •*•**.*,•*••**•
1484
1666
HAYWARD, VICK A CLARK'S
&AILV COTTON LETTER.
New Orleans, La., July 23.—The buying
yesterday by lending parties who were sun*
poaed to be on the short side started trad
ers to look aronnd for a specific bull argu
ment which might explain thin buying.
Tho hot and dry weather In the central
nnd eastern belt woe seised upon «« *“ e
moRt convenient explanation, and ns pros*
peeta this morning favored the contluu-
nnoe of inch weather, there was quite *
little buying around the opening, which
pushed October to U.19. The advance did
pot hold, as there are enough people will
ing to trade on the probable effect of the
®«t bureau. Nobody denies that It la only
» question of patience and money for profit
«n tho long aide dnrlng the critical cron
Period, it would require several days of
not, dry weather to create such prospects
f»r dntnnge by draught that the next bu
reau would become a negligible item.
Heather conditions In the western half of
the belt are excellent. Temperature* are
tower nnd generally fair wsather prevail*,
•n the control and eaatern states, bow
ser, temperatures are high official records
showing an average of 1D0 for the Little
*«* district and M for the districts of
Memphis, Vicksburg. New Orleans, Mobile.
Montgomery, Alabama; Atlanta Augusta
•nd bavannab. This and soma private
•Ires from points in the delta and Loulsl-
5*V saying cotton Is suffering from heat,
started again the buying an the weather
* n J Put October from 12.15 to 12.23*
New York, July 2$.-4. 8. Bache * Co.:
••IV'Tpool did not quite follow the advance
**! the utter part of yesterday's session
“d was s factor at tne local openlug,
u5.*tog a decline of about 4 points from
to*t night's dosing figures. The drive
5S?tost the shorts was continued, and soon
*«ter the call the market showed distinct
•tow of strength. The situation la getting
"i bo a pronounced two-sided proposition
^uh a strong crowd of spot people heavily
JPJto of the near crop month* working
"I!! 1 the party of tho former bdll lean
er. There was acme fresh, buying on re
port* of excessive hot weather in the east*
2? and central sectloni of the belt. An
other advance In print cloth Is reported from
dry gods lookers, and the demand shows
I? "tons of falling off. Despite the report
of heavy new arrivals of cotton re-shlnped
"om abroad, which will mostly find Its
Into the August deliveries, this option
no signs of weakness and followed
trend of th* rest of the market. 1 he
gjermnent weather report Issued today
82? 5 .coostdsrsb!* rioadloess la the
S'.il 1 . At *«n?le states with rains la the
Jfto* la »lppl delta, while Oklahoma and par*
jtonj of Texas, Tennessee, North Carolina
Special to The Georgian.
(From Hayward. Vick A Clark.) •
New York. July 23.-J. 8. Bnche & Co.:
Liverpool was due 5 to 6 higher on near
■■d 8V4 to 9% higher on distant. Opened
steady 6 higher on near and 7 higher on
distant. At 12:15 p. m., was quiet net 5 to
5% higher. Spots dull 2 poluta higher; mid*
d ing uidand 7.11; sales 7.000: American
#,900; speculation and export 500; Imports
none. .
Later Liverpool cables reported a fur
ther advance of 1 to lVi points over 12:15
p. m. prices.
Liverpool comes 5 to 64 higher, slightly
under parity. The sharp advance lu the
last part or the scuipn yesterday was a
demonstration against the shorts, who had
unUt much on Price’s change of oplnlou
nnd the effects on the public of the con
tinued good weather. All these bearish
arguments did not force the desired liqui
dation, and accordingly what cun not be
forced down must advance. The bear
crowd forthwith started to cover. We look
for a higher market today and advise pur
chases on the opening, or on any dip dur
ing the day. Think shorts will be on the
run before the day Is over.
McIntyre. Howard Wilson and local trad
ers bid the market up. %
Shear so n. Weld and Hentx bought the
market. Ilnsluess small, and It takes little
buying to put It up.
Cotton firm on buying by the rlqg scalp
ers. No disposition to sell. No slgus of
pool doing anything so far.
Weinman’s sale of 5,000 of October to
Mitchell stemmed the advance. Predicted
showers southwest Texas also had Its ef
fect. lUordan has sold a couple thousand
October this morning.
Following are 11 a. ra. bids: July 1L90;
August 11.55; September 11.48; October
11.81; January 11.9o.
New Orleans, July 23.—Hayward, Vick &
Clnrk: Official forecast Is for generally
fair In Louisiana, Arkansas, the Territories
nnd east Texas. They are buying the mar
ket on It; looks higher at the moment.
Firm on buying by ring scalpers. No dis
position to sell. No signs of pool doing
anything so far.
Memphis wires: “Very dry and dusty
Blrtninghum to Memphis. Cotton suffering
for rain. No signs of relief."
A prominent cotton seed oil man
back from a trip through Louisiana g.
It as his oplnlou that uot over 70 per cent
of an average crop can he made In any
case. He believe# ten days of bad wea
would ruin It completely.
Constant buying on the weather In cen
tral stntes nnd Atlantic*. Market steady,
probably will be pushed some higher yet.
High temperatures: Alexandria, La.,
100; Ilrookhavon. Miss.. 101; Melville, La.
101; Mlnden, La., 106; Hobellne, La., 102.
GOV E R NMENT WEEKLY
REPORT ON WEATHER.
Following Is the weekly government
ninl during the first four days and consid
erably above the normal during the remain
der of the week. Cloudiness, with fre
quent thunder showers, prevailed during
Ixmlslana—The temperature wns normal
during the first half of the week, but the
latter part of the week was very hot, and
the mean tempera tore above normal. Light
showers occurred lu scattered localities
nearly every day. but the rainfall was de
ficient, some localities receiving none. The
sunshine wns somewhat above normal.
Mississippi— 1 The weather wns generally
clear and, hot. , The sunshine and menu
temperature were considerably above nor
mal. Widely scattered showers occurred
on three days. Some moderately heavy
rains fell lu tho southern portions, hut
elsewhere the rainfall was decidedly de
ficient.
North Carolina—The week was very fa
vorable. The sunshine was nearly normal,
but the precipitation wns much below nor
mal except in a few places, where heavy
local showers occurred. Italn is
South Carolina—The fore part of the week
cloudy and showery, the latter part
temperature averaging about 4 degree_
above normal. Showers, generally light,
occurred on tho 19th and YOth. Tho sky
wns Clear to partly cloudy, giving a high
percentage of sunshine. Itntn Is much
needed in some counties.
Texas—There was no rainfall over the
greater portion of the sritte. Light show
ers occurred in the extreme western, a
few northwestern nnd a number of south
central counties. Heavy sfiowers, ranging
In amount from one to three Inches, oc
curred lu the const region from Bee and
Min l’atraclo counties to Chambers and
Liberty counties. The temperature was
nearly normnl except In some northern,
western nnd coast counties, where It wns
slightly cooler than usual. The suushtno
wns abundant and conditions were gener
ally favorable. A number of couutle
the western half need rain.
Oklahoma nnd Indian Territory—Warm,
clear weather with drying southerly winds
prevailed. The mean temperature waa
about normal. The nveroge sunshine was
over 90 pot cent of tho amount possible.
Scattered showers occurred lu the northern
conuties during tho fore part of the week,
bnt uo rain fell In the southern conflttes.
Rain Is needed In all districts.
Alnbaffla—The weather waa generally fair
and the sunshine was abundant. Day tem
peratures were high during the latter part
of the week and the weekly mean tem
perature wns slightly above normal. The
fair—*
*llg
The week was practically rainless over the
greater part of the state. Some few north
ern counties received light showers, but the
total rainfall was considerably below the
normal. Tho sunshine waa much above the
normal.
ALL LINES OF GOOD8 HAVE
SHOWN MUCH ACTIVITY.
The New York Commercial: The past
week has been one of considerable activ
ity for both the commission merchant and
the Jobber, especially the latter. Saturday
was the last day on which buyer* could
S urchast prints before the advance, and
lere was more or less of a scramble on th*
part of retailer* to complete their require
ment*. This Monday morning will see all
print lines on a uew price level, namely
fii4c, and the rnnnuer L> which orders will
come forward at the new prices will be
closely watched by selling agents In this
market. Should the demand continue to
keen up and deliveries become more and
more difficult to make there Is little douM
but that another advance of 4c per yard
will be made on certain prominent lines.
In fact statements sloug this line have al
ready been made. The week past has also
been remarkable for the advances which
have boon made on many of the staple
lines. Bleached goo*!* bare, been pushed
to higher levels; also cambrics and lining,
&lli retting ■**»•« of.Totl. Uu^wMjlpr
horn* hare announced that the Jobbing
price of these good will be advanced to 114c
on August 6, while the new price of Im
perial chambrays will be 124c, to take ef
fect at the asms time. These prices will
represent, It Is understood, spot value*
on P the fnft products. The cotton goods mar-
ESt »h»w* evidence* In almo.t every qutr.
ter of the strength of the demand that
has been coming forward, and Indications
B? plentiful that furthersdrances-marbs
looked for In the very near future. Jobber*
Ire well *atl.0*1 wlA th. m»nn.r ln wh *-h
Hn«ine*> Is moving s* they have been able
to.lea’n UP preetfcally *11 of their «umm.r
I?rtrlro while. *t the *am« Urn*. they H.T.
been doing unusually well with roe fall
5 f.-iiJb
f" th” pu/po*e if fllllni their f»U require
ments.
AYWARD, VIICK & CLARK*
.!«** GRAIN AND PROVISIONS,
P '* ** , ' , ***J GRAIN AND PROVISIONS.
>N. stocks, sowsa^qgwM^asffwi 0r|#wii>
CromUUt and *
I is Cotton Exchange.
Cotton Exchange.
as Youoo bicnaap
Cotton Exchange.
Cotton Exchange.
Gotten Exchange.
eg s aBg.tfaj
Do. rtf. of * red*.
CottM 4w'.
/W’MrtgSfifl'gjg*' cA ' mi "“ T “
■PRIVATE WIRES-Ig-Alli POINT*
Edited by
Joseph B. Lively
MARKETS
Mr. Lively’s twenty-five
years’ experience of ed
iting markets to Atlanta
and the South baa mad*
him a recognised au
thority In bis specialty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
NAME OF fcTOOK.
Am*!. Copper
Am. Ice btscurltle*. ..
Am. Sugar lleflnery. .
American {Smelting...
Am. Lucoruotlre. . • ,
do. preferred. . . .
American Car b\ • * .
American Cotton Oil..
Anaconda
Atchison.
do. preferred. . • .
Baltimore At Ohio.
Chesapeake A Ohio. .
Canadian Pacific. . ..
Chicago h Alton. . « .
Consolidated Gas. , ,
Central Leather. . • .
do. preferred. . • .
Colorado Fuel & Iron.
Corn Produce. ... .
Colorado Bouthern. . • .
Delaware k Hudson..
Denver & Rio Grande .
Distillers’ becurltles..
Erie.
do. preferred, . • •
General Electric. . • .
Great Western
Great Northern pfd. •.
Illinois Central. . . ,
luterboro. ...... *
do. preferred. . • •
Kansas & Texas. . . .
u
d3
is
S3
eu
0
s
S
32
91
92
91
93
i
i
U6^
12394
117
69*
4394
4394
.4394
mi
U
w
93%
sE
P
i
5394
ga
&
35
17694
17694
17094
25”
26**
28**
* *
£94
5“
S94
2494
2594
2W
2594
136
I
f
I
1594
U94
1394
m
2594
3694
M94
3594
NAME OF 8TOCK.
Kansas & Texas pfd. .
Louisville & Nashville.
Missouri Pacific . • .
Mexican Central . . .
New York Central . .
Northwestern
National Lead ....
Norfolk and Western .
Northern l*ndflc .
Outarlou A West.. . .
Pennsylvania
Pacific Mail . . . .
Pressed Steel Car. 1 !
itottic Island ......
do. preferred . . .
Hepub. Iron A Steel .
do. pref. . . ....
Southern Pacific. . . .
Southern Railway. • .
do. preterred . . .
St. Paof........
Tenn. Coal and Iron .
Texas Pacific . . . • .
Union Pacific
U. 8. Rubber. . . . ...
do preferred . . •
U. 8. Steel ......
do preferred ....
Western Union . • • .
Wabash ........
do preferred . . . .
Wisconsin Central. • .
do preferred . • .
"6694
9194
ft,
»94
1349,
14494
NEW YORK.
£loscd st.adjT
s a I 13
mTlKi
■ lil «ll2.M)«.88|11.98)U.98-99 1
lll2lMla26|lih63ll2.17112 15-li 1
LIVERPOOL.
Following la the opening range, 1 p. m.
and close, compared with yesterday:
Futures opened steady. . _ .
Opening Previous
Range. 2 p. m. Close. Close.
July.*....
July-Aug 8.78 -8T7
Aag.-8*»pt.... 6.48 *8.844
8ept.-Oct.... 6.64*'
Oct.-Nov.... "
Nov.-Dee...,
Dec.-Jnn....
Jan.-Feb....
Feb.-Mar....
Mar-Aprll....
Anrll-May....
#!1i*
6.43 -8.42 6.43
6.44' '41.4394 6*44
6.5494 6.65 6.48
6.48 6/-
6.44 6.'
6.43 6.
'K94 a
1594 6.31
1694 6.3!
NOTES ON GRAIN.
Pointers on Provisions.
Special to The Ocowjlan.
(From ILi/.vurrt. Vick A Cl»rk.)
Chicago, July a.-H*rtlett, Fnuler A Car-
rlnuton: Wcnther comtltlon* iontlutfe per-
feet throughout the grain beU. L*ook for
Increased receipts of winter from now on.
nnd rather lighter movement of spriug
wheat. Can hear of no export demand for
our wheat, nud unless there Is wme foun
dation .for the rust reports In the sprlrt*
wheat ‘belt, expect to seo Wheat sell off
*^x^»ort bids on corn out of line, while
domestic demand continues good. Crop
prospects are Improving every day. Would
prefur to sell corn on any advance from
present prices. . ... . .
Trade generally bullish on regard-
lees of the price, and are liable to pot them
some higher until we commence to receive
new oats. Think price*, however, fairly
well discounts known cron conditions.
Feel friendly to provisions, and would
buy them on the soft spots.
Chicago Record-Herald: MltjfijfBt.*•
rapidly growing In the wheat Aradv that
values must settle to an e *Fortto!*to h**
fore the market can show any real * dmlJJ.
The number of new spectators "ftojJTJ
willing to I my wheat and bold It unUl jomj
indefinite future time when the foreign
demand la expected to take It oj'ta hands
IS not great enough to take MW of the
present burden of old and PJJSPJfHJ*
burden of new wheat. The lmme<lintefn-
ture of the market Is conceded to depend
very largely on the weather and the dis
position of the winter wheat fanner. Re-
rat r*ln, Northw.it har.
no.tponwl tear, of illaaat.r to tM »Pnn*
wheat crop. There li a freat ill.parlty be
tween current recelpta of winter wheat nnu
thorn of a year ago. The PNWBt Wmou
I, about two week, beblnil that of luat
year, while the henry rain* through the
Winter wheat belt have poatpoojd tbm.l -
lug operation* a full week further. Art-
vleea yeatarday from the Bouthweat Imll-
rated that fannera were generally alive
to the situation and were putting their
wheat In blu.aa aoou «* tt>rn.hjd Tnntwn.l
of aelllng It a, usual. Should thin ,rntl-
ineiit Iwcome general It will ha of material
help t" the apeeulatlre market.
Tho Manitoba Mllllmt Comnnnr, Neenawa,
Jinn., writes f. IL Wren & Co.: •’There
aeems to be no two opinions at to the con
dition In southern Manitoba. It la very
bad. t was also very much disappointed
Id the appearnne* of Holds between here
and Winnipeg. In addition to the erop
brine at m3 two weaka lata It I* vert
a-ee<ly. Wheat will not l» generally bend
ed nut before the Amt of Aogu*t. I am
aatutted there 1 will not be bn f a erop In
Manitoba thla year at butt, with a chanee
3 a great deal or all of It being caught
by frotta."
HOT TEMPERATURES RENDER
PROGRESS OF PLANT DIFFICULT.
nummary: Yesterday's cotton market aur-
orlaed the bulla more than the bears, and
yet the advance was logical enough to one
who has carefully analysed th, myeterle,
of the situation. Hot temperatures are
■iffibi rendering the progress of the um-
brellafe** ptaut dlffleult. M «borl. h»v*
apparently reached the conclusion that the
outsider la net going to relieve them of
resmmstblUty at tht. parttenlar time. Th.
talent *• * whol* *m-m» to anticipate an
lmuortsnt Improvement showing In the
iSSTn” bureau report, but frera th* out
turn on th, very be«t of gruund. Th,
three ln*t crop* have »vernged thirteen
million h,l,i each. At the, end of the
three-year period apot cotton I, Mlllug at
thchlgheat price* that h»v*been paid dur
ing recent year, ege.pt for a brief Urn,
In the winter of 1*03-'04. when value, ad
vanced above 17c.—Hayward, Tick ft Clnrk.
THE COFFEE MARKET.
New York, July 23,-Coffe, eablgg:
Havre nt'10 a. m.. market .barely .tredy;
12 noon decllncl 94 franc: **lea 3,000.
Hamburg at 10 a. in., market unchanged
to 94 pfennig advance: anlea »,«».
Rio recelpta two daya H-00»; market arm.
Kantna recelpta two daya 23,060; dock
1, Kao t p.ulo receipt* 21AO0-
Jundtahj rrcejpt*_aoo0._
maritet for today:
.. ..3-
feh^” .7 :Stt g3
November 6.704.* 5.fe4.76
Dw-ymber .. .. .. .. .. .J4734.I0 5.704.76
Closed «te*dy. Bale* 33.000 hag*.
LUMBER PRICES
SHOW. A DECREASE
An over-e*tImtt, of th, denutnd for
undressed lumber ha* resulted In a
■lump In th* price*. Th, mill, put out
more then the market could handle,
end now the heavier kind, of lumber
ere eelllnr for 32 or IS less per thou
sand. Some of the mllle have closed
down end the output for the date for
the month will be II per cent decrease.
Building continued et about the seme
rate, end thie bee not affected the
price.
WHEAT FIRMED UP
AFTER LOWER STURT
Commission Houses Bought
-at Decline, Caused Shorts
to Caver.
ST. LOUIS CA8H QUOTATIONS.
Wheat—No. 2 red winter
Corn—No. 2
Oats—No. 2
Chicago, July 23.—Wheat recovered
strongly from opening weakness, but
settled back, closing 1-3 to lo lower.
Corn tagged after wheat, but holding
a little firmer lute, closing l-4c higher.
Onts finished l-*c lower. Provision*
were alow end almost stationary.
Black ruat report* and mixed statis
tic* kept wheat trader* nervous. Lake
county, South Dakota, clalmod rust
had developed, and Northwestern m-a-
eagea talked vaguely of numerous black
ru*t complaint*. The Northwestern
Miller waa quoted as estimating West;
ern Canada at 66 per cent of last year,
and a Winnipeg report said only a
third of tho Manitoba crop Is headed,
with Indications of 30,000,000 bushols
less than last year. Cables were weak,
despite yesterday's local advices, and
Roumanian threshing returns Indicat
ing a halt crop.
Bradstreet's decreased world's visi
ble supply, 6,500,000 eushels; last year
Increased 3,063,000 bushels. Weather
map showed nnc growing weather. Lo
cal receipts 66 cars,
CHICAGO GRAIN MARKET.
Chicago grain and provision quotations
(or today ore a* follows, compared wlta
I -vtordsy’s close:
WHEAT— 1
Sr B 1 Si I
&= h B B B B
1
OATS—
J«ilf.... 42%
Sept.... 88V4
Dec.... 89
FORK—
Jnly
Hcpt.. 18.50
LAKD-
Jnljr... t.10
Hept... 9.25
Oct... 9.274 9J7M
SIDES-
Sit* 1&
£* Z
m
HP
L7294
8.6794
THE LIVERPOOL GRAIN MARKET.
Wheat opened quiet 94 off and at,l:IO p.
m. 94994 off. Closed aleody 94094 bit.
Corn upedod uolSt 94 oB and at 1J0 p.
m. 94 hlghor. Closed quiet 94 higher.
CHICAGO CAR LOTS.
The receipts of groin In car lots todsy
sod estimated receipts for tomorrow are ,s
Wheat
Corn
Oats
Hogs, head
COTTON SEED OIL MARKET.
,4-SSS&S Jte fe’ESUfi e .
oir market. . Opcnlnf. Clonim
Heidember " V. :$4§ffc
-
Slowliiit wor* tie'cotton seed nH aaiei
for the opening and cloao: Two hundred
(”nlwr Sis" W) Novemlmr at'4094. 400 De
mher at 4094. «<» duly at 5494, loTSeptam
K-r at 3494. November at 53. 100 January
NEW ORLEANS.
iinr
.112.80
.1170
.1184
.12.13
I S 3 33
Dec
Jnn I:
Fob
Mar. ... .|
Cloaeci ateady.
IttB l-.*
12.84 m
12.12 1
12.80 12.16)12.^
12.70 Uii|Mfi
12.70
11LS
H
i li
T7ir
12.05
12.68
12.13-14
1114-16 i2. 08-09
12.19*2012.13-14
WEATHER REPORT.
WEATHER CONDITION®,
The hot wave atlll covers moat of th*
country east of the ltocklea. At nearly all
stations In the enstorn half of the cotton
Iwlt the t»*ni|M*rature at 7 *. ra. today wa*
80 degrees or slljrbtJy above.
Tho pressure has decreased considerably
(n the Dakotas. Nebraska and Wyoming
and on tho north Atlantic coast, while a
corresponding Increase aas occurred over
tho Lake region. Tho barometer la highest
over tho Southern states and lowest In
New England.
Showers have occurred at a number of
stations In the northern half of the United
State* and the Southeast. The
amount, 4.00 Inches, occurred at Thomae-
ville. Ga., during the 12 hours ending at
7 a. m., this date.
With the except
showers, fair and - - .
Is Indicated for thla section during the next
36 hours.
COTTON REGION BULLETIN, _
For the 24 hours ending nt 8 a. m.» 71th
meridian time, July 23, HOT.
STATIONS
ATLANTA
DISTRICT.
•Atlanta, clear.. ..
•Chattanooga, clear ..
Columbus, clear
Gainesville, clear
Greenville, clear..
Griffin, dear..
•Macon, clear.. ..
Montlrello, clear
Newnan. clear.. .,
Home, dear ..
Spartanburg, dear ...
Tnllapooan. clear ....
Toecoa. clear
West Point, dear;,. .
•Minimum temperatures are for
period endiug I a. m., this data.
72
if-bour
Atlanta ..
Augusta ..
Charleston
Galveston..
IJttle Rock
Memphis..
Mobile.. ..
Montgomery..!
New Orleans..
DISTRICT AVKKAOEH.
Temperature.
Max.* Min.**
T. Indicates loapprectabte ralnfiiiL ^Fet
S istsrday. ••For 24 hours sndlog Ik a,
ith msrldlan time.
Remarke*
The temperature has risen from two to
threo degrees over the entire belt. Only
three districts report rainfall.
J. B. MARBUflY,
Section Director.
WEATHER FORECA8T.
Washington. July 0.—The weother will
be fair In the east and south tonight and
Wednesday. It will* be Slightly cooler to
night In the middle Atlantic states.
Forecast till 8 p. m., Wednesday:
North Carollna-Falr tonight and Wednes
day: slightly coder tonight In nbrtheast
iwrtlon; light to fresh southwesterly winds.
South Carolina and Georgia—Fair tonight
and WtMlnMday; light to fresh eoutbweeter-
^Eastern Florida—Fair tonight; Wednen-
day occasional showers, variable winds.
western Florida, Alabama and Mlsalsslp-
pi--Fair tonight and Wedneailay; variable
Tenneeaee: Fair tonight and Wednesday;
warmer In southern |H»rtlon tonight.
Ixmlstana. Eastern Texas. Oklabon*. In-
illan Territory and Arknnsae: Fair to%
night and Wednesday; light to fresh varin-
ble winds on the west gulf coast.
Western Texas: Fair except showers In
southwest portion tonight and Wed needs y.
NAVAL STORE8.
H *SarsnnahT^July*°jf-Tnr^»ctIne firm at
55 tfi*in*flrni; iales aSlrf; infill 4ip:wln>
dow glass 0.01: water white ft.90; 31 SS.557>
ALONZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
Emoln Building! BeU Phone, Main SSL
ATLANTA. GEORGIA*
TJPS FI/ASHED
From Wall Street
Special to The Georgian.
(jFrom Baywaru, Vick A Clark.)
New York, July 23.—J. 8. lfrcbe & Co.:
-he reactionary tone of yeeterday'a market
was (n line with expectations. Profit-taking
oil the active Issues after such a pronounced
rise la but a natural stock market phenome
non. This Is also g healthy state of affairs,
and only couflrms ns in the belief that the
upward march: or price* will be continued
as toon, as the market has bad time to
take on a lot of second wind.
The early prices todsy lu London shows
further declines of fractions. Thla la to be
expected.
Southern Pacific yeaterday* led the final
assault before the close, and some outsldo
buying resulted In a demonstration of
strength in the general list at the close.
There are a lot of Imll factors bottled un
ready for tho public when sentiment
lfaiemenM000MP0l0B0M0M00IHH0B
W# look for n good trading market to
day, with an Inclination to droop, but would
unhesitatingly advise purchases on any fair
reactions, as prices will quickly recover
later In the week.
Atchison la displaying a strong upward
tendency, and Information is favorable to
further rise. Southern Pacific may he put
In the same category, but recognition should
be taken of the already aharir advance.
Great Northern and Northern Pacific
should Im bought on all these yielding*.
The crowd Is all In Southern Pacific.
Talk of 6 per cent on this stock.
Town Topic*: The poor success attend
ing yesterday’s ImArlsh operations attests
the strong foundation of the preotut up
ward movements IJttle strong stock came
out nnd the professionals lost their stocks
without making much Impression on prices.
The hears are disposed to make light of
the suggestions of nn increased dividend
for Southern Pacific and of the Burlington
deal with all It means for the Hill issues,
but In time these matters will eventuate,
nnd long Imfore that day the stocks will
have discounted the developments. Iu our
oplnlou there is still A margin of ten points
or more advance In these stocks.
Other good Imuos will he taken up one
by one Just as Atchison was yesterday, and
we look for sharp adtancea In such losues
ns Reading, Ualttmorc, Louisville and
Northwest. , \
Amalgamated nnd 8t. PBttl, notwithstand
ing the Incllnatlou of souio professionals
to Copper, the advice that comes from Bos
ton will do much lmtter. as they should
on their merits, uor Is th# rise In Union
Pacific all over.
We believe In higher prices for Erie,
Routhern Railway, Texas and Pacific, Mis
souri, Kansas and Texas and the Kansas
City Southerns snd look for a more active
and atronger market all around today with
foreigners continuing their support.
We tee no reason to mlvlse tho purchase
of tho grains or cotton at preseut, though
on sharp break* wheat and cotton may im
bought for turns.
Year's Foreign Trade.
Wall street summary: Last year's foreign
trade passed the three-bllllon mark for thr
first time, the figures being 43.315.252.116. ni
excess of $144,80,170 over the return* of tbe
preceding year,
months the iinpoi
below $100,006,0w
In any month, making an
other new record. In December, our im-
r the figures for De-
ports amounted to
of 8207,838,846; and
ioibi axpuris, **£jv,l>61.W4 f si Increase of
$136,986,624 over 1906. Thla leaves a balance
!h our favor of $446,449,923,
ATLANTA MARKETS.
FRUIT AND PRODUCE.
Lm^POULTRY^tt^ns, *ct[w. IfVMMOc
chicken, (Meat, 12940HJ4C. Duck*, Nkltt
Me rech: ptfl'lle, Sc each. Turkejs, aettre,
Il tlUtv8Rl^T)""r6uLTIlY—Turkeja, drawn,
aettre, 1Wil7c pnund; trial, acflre, >6090c
pound; baa*. 13014c pound; duck*, dr*wu.
f *P^Ol)lfcE^‘llard, JJc pound: «»»•»•■-
tire lie pound: •houlditta Mtire IMUt
pound; *lde* *ctlre. 11c pound; butter dull;
looinic pound; brerwax «cttre. the pound:
honey, bright, *ctlre, 10c twuud; honey lo
l-paund block* *ctlTa, 1294o pound.
FRUITS—Lemoni, f*ncv Mra.cn*. J6.66;
banan**, par bunch, cull* actlro, 31.00:
•trelxht*, 3 cull If! punud: pineapple*,
Florid* etock, |3fc350: llioc*. Florida
■took, per 100, tl.Brprenut* In reck* a-cp
ss; wjff to sjfig
GROCERIES. ’
niCE—J*p,MT694c; head 607c; fancy hc*d
< '$lEKSK-F*Vy > lil »«* }« cent*:
Gwrxla can, *ymp tt coni* enllon: suit,
l&round. foe: *xl- xrcasa 31.78: aod* creek
cre’ivic pound: lemon. 7c: nyatcr. 7c; b*r-
ret rendSTP-r pound. *94*: mt*cd. p«
pound, flfe. toni*too*. 3-pound, 32.00 «»*;
abound, nary beam, 33.40^Lima bean*
hulk tn
a?Jtitad*hUcnlt N SSm?No. I rollcd oat*
ease: sack grits, 96-pound hags* $L86:
miter* full w-tiht. R caac: Itkht wrlfhll
tho case; p-ptur, Uc lb.1 baklox powder 33
MM.’ rwl tSlmjm, R caa-i plnk a«lujmi, It 23
ttJS&JIUlrSSS'Z bV!S;
c«m: re. K b, »Lg.“gl *3EJTOB
freJ Ci r ° [ '
fiSLTSSP.
Snh.^.WM6 ww.jwanu:
4,1, cotto*. lie; soap. >1,5604 >
PROVISIONS.
FLOUR AND GR8IN.
rLOrB-HI*h-*t patjnt. «.*#: rent pat
ent, 16.23; standard patent 34.73; half pnt-
.nt 14.05: *pr|n* wh«*t patent. 36.00.
roBN-Vto. 2 whit*. Tie: chotre whlto. *c:
whit. feed. 73c; No. 1 y-IMw 7Jc; ml,-d.
77c: ereckod corn ptc tiu»h*l. Tie; hull*.
"cttlCKRN FEBD-rnty-ponad oackc, me,
Punts chick fred, R.0«: Victor fowl, >1.35;
'‘oatCSL s “J'^ed. I*r.
Golden oata, 65c; whit, clipped, Me; fancy
P«r 66-pound rack*. 77e; 43-
pound pi*- S*i Pl4|u, Sl pound sack*, 80c;
**HAY-Ttmotby chotre Urc* bale*. 11.40;
do., chotre remit hnlre, 31.*: No. l W
80.60;
$12.50.
FISH.
tnsn- Bream 7c no and: soanper lfie
pound; front le pound; blue flth 7e pound;
pomps no. lie pound: Mfiekervl. l2V4c pound;
mixed flab. 5c pound; fresh water trout. Sc.
STOCKS AFFECTED
BY LONDON DECLINE
Prices Started Generally
Lower with the Trading
Very Dull.
MANY LOSSES OF POINT
Finn Tone Developed Later
and the Early Decline
Was Recovered.
New York, July 0.—Rumored depression
In the markets abroad was the principal in
fluence In our security dealing thU morn
ing. Accord!ug to the cable dispatches, ftp-
unfavorable action that ha# been afford
ed lu the last few mouths to the other se
curity offerings, and that the result would
be to mupbnalse tUe unsatisfactory condi
tions In the Investment market. A rntlo r
notable fall occurred thla morning In Brit
ish consols, and this bss unsettled tho en
tire British Investment list. America n
shares went down fractionally with tho
rest, anil Ip anticipation of the continuance
£ f foreign selling In 4inr market, price*
ere opened down rather sharply. At the
lower level buying orders of the character
noted during the past week appeared in
Southern Parific anil Atchison which car
ried the stocks lo new high figures for the
movement. Better support also was.given
Steel couimou, and whatever adverse effect
the strike of the miners in the Are fields
might have asserted seemed to hsvq lK»on
censed altogether, and while there was a
weakness, the upward drift of the market
wns apparently checked. -
MONEY AND EXCHANGE.
New' York, July 23.—Money on calt
21-4472 3-4; time loans firm; €6 days
4(04 1-2; 90 days 4 3-4@6; six months
5 3-4416.
Posted rates: Sterling exchange $4.81
04.871-2, with actual business In
bankers' bills at $4.869504.87 tor de
mand and $4.8*7604.8385 for 60-day
bills.
Primo mercantile paper unchanged at
8 per cent.
London bar silver 31 ll-16d. New
York bar silver C8 7-3c.
Mexican dollars 13 5-3c* :< ' vW
MINING STOCKS* * ('.ft
Boston. July 22,—Onenlng: Shannon 13%;
Copper Range 88V4: Massachusetts Electric
if; North Butte ftU; Mohawk 82; Calumet
nnd llecta 800. Market opened steady.
THE LONDON 8TOCK MARKET.
STOCKS—
Anaconda ., ..
Atchison .. ... ..
do, preferred
Baltimore and Ohio
t’hcsspeuke -and Ohio .. ., .
Chicago and Great Western.
Canadian Pacino
Erie ; .. .. ..
do preferred
Illinois Central
Louisville nnd Nashville .. ..
Kansas nnd Texas
do, preferred ..
New York Central
Pennsylvania
Ontario and Western
Norfolk nnd Western .. .'. ..
Philadelphia nnd Reading ..
Bock Island ..
Southern Railway
do, preferred -. «•
Southern Pacific .. ..
Ht. Paul
Union Pacific ■*..
United States Steel ..
do, preferred ..
Wabash preferred
77%
Its 94 mSittji
MH 59 | ck
144% 144% 144%
114% 116%
m% ii.7%
THE 8UQAR MARKET. •
New York, July 28.—The locnl refined
snd raw sugar market firm. London l»eets
quiet; July and August 9s 9d.
4%
UNION
4 °)c
SAVINGS BANK
Qoutd Building
CAPITAL STOCK . . . .100,000,00
. ■— flitouflCII I .a,
4 /o $280,OOP.00 I 4 Jo
STONE & CO.
Candler Building,
ATLANTA, GA.
Tickets From
... and ...
To Europe.
We are 'Agent* for all Principal
Railway and Steamship Lines.
$100,0011.CD
SOLD BONDS
(Montgomery Light and P. Co.)
to net Investor nearly 6 per cent. Will
exchange for Suite Georgia or City At.
Uinta Bond*. Write for descriptive cir-
cu!«r. J. H. Hllsroan ft Co. Atlant*.
a*.
ATLANTA NATIONAL BANK
ATLANTA, GA
C. E. CURRIER, PrexIdinL H. T, INMAN. Vice-Prreldent.
GEO. R. DONOVAN, Cxtblar.
JAMES S. 'FLOYD, AoiaUnt Cuhler.
Capital $500,000.00
Surplus and Undivided Profits $650,000.00
We Solicit Your Patronage.