Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, July 23, 1907, Image 9

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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.