Newspaper Page Text
THE ATLANTA GEORGIAN AND NEWS.
THURSDAY, AUGUST t, MOT.
11
COTTON STARTED
AT BETTER PRICES
Better Liverpool Market
Than Due Paused the
Opening Advance.
shorts ARE NERVOUS
Pear a Bullish Government
Report On Condition
On Friday.
Nfir York, An*. 1.—Trade at the opening
of the cotton market wax active and prlcea
vm up 467 points. It was evident that
outside ahorta wero nervoua over the ap-
oroa. lilng government report. There was
sn ttpecudv good demand for October and
January. '
Trading waa dull In the afternoon. _
flight recession from the top prlcea wna
due to evening up sales pending the bu
reau report tomorrow at noon. Prlcea fin
l«he(l M2 polnta lower for August and
September, while the later poaltlona were
Itjt points higher.
Comparative receipt! at all U. S. porta:
Net receipts Thursday 21.
Ha me day laat year 2,848
Decrease 2,5.13
Total receipt! for five days 8.385
Paine days laat year 26,968
Decrease a.... 18,583
Total receipt! alnce September 1....9,815,974
game time laat year 7,tT
Increase 2,01
Estimated receipt! Friday:
1907. 1906.
New Orleans None
Houston 300 to 400
8P0T COTTON MARKET.
Atlanta, quiet; inlddilug
N.-w York, quiet; middling 13c.
New Orleans, quiet and steady; middling
13%.
Memphis, steady; middling 13c.
Galveston, steady; middling 13c.
Charleston* nominal; middling 13%.
LUiiril'SlUII, ilUUliUUI, UllUUHUJi JO/2.
Wilmington, nominal; middling 23%.
Norfolk, quiet; middling 13%.
St. Louis, quiet; middling 13%. -
Baltimore, nominal; middling 13%.
Boston, quiet; middling 13c.
Philadelphia, quiet; middling 13.25.
Mobile, steady; middling 12%.
Houston, quiet; middling 13c.
Cincinnati, nominal.
TO DAY'S FORT RKCEIPT8.
The following table shows receipt* at tha
ports today, compared with the same day
Inst year:
New Orleans.
Galveston. . .
Mobile. . . .
Savannah. . • ,
Charleston. . ,
Wilmington. . ,
Norfolk. . . .
Boston
Philadelphia. .
INTERIOR RECEIPTS.
The following table shows receipts In the
Interior today, compared with the same day
last year:
New Orleans, Aug. 1.—Liverpool cables re-
port an advance on covering In anticipa
tion of a bureau around 76 and prior to
the August holidays. That market will be
closed on the 3d and 5th Instant As n
good many smaller shorts had covered on
yesterday’s mUancc, further Improvement
today depended largely on fresh buying by
bulls. With tho bureau coming ont tomor
row at 11 a. in., not much of this sort of
support could be expected. Olid, In fu<w,
did not come. Tho result was that after
n 5 polnta higher .opening, tho market
lapsed Into dullness and gave way a little.
Weather forecasts, however, were In favor
of the bull side. Inasmuch as fair weather
Ik promised for tho west, and this stopped
any bear attack of consequence. The gov
ernment bureau report will give tomorrow
the condition of the crop ou July 25, which
figure we shall compare with a condition
average of 72 on June 25 this year and a
bureau figure of 82.9 Inst year, 74.9 in 1905,
91.6 In the big crop year (1904), and 7D.7
la the small crop year, 1903. (Expectations
range nil the way from 75 to 80. Present
market conditions Justify the forecast that
a bureau of 76 or under could cause a sus
tained ndvnnce regardless of other in
fluences. A bureau of around 77 may cause
a temporary improvement, which It will
quire bullish weather conditions to hi
A bureau of 78 or over would he a disap
pointment, and cause more or less depres
sion. However, there ore so many Interests
walling for this chance to buy a little
cheaper that really there Is no ground for
alarm. The National dinners’ Association
tunkes the condition 75.7, ngftlnst 72.8 last
mouth. A party Just back from a trip
through the Atlantlcs says that a month
people were so used to seeing bad
prospects that any improvement looks big
i" them. While undoubtedly tho crop has
u<*ne well during the month, there nro fre
quent gaps lit tho stands, and the plant
run.rally underslxed, which must ultimate
ly fell on the final yield, unless frosts should
t i normally Into. ^
N-u York, Aug. l.-J. S. Bnche & Co.:
c’r.-ng Liverpool cables slid reports of con-
tinned dry weather In the southwest caused
n firm opening with prices up 6 to 7 points
n ’°ve Inst night’s close. This advance was
V" sustained throughout the morning ses
sion. Weather Indications do not continue
favorable, and, although the eastern states
°» ’he belt show marked Improvement, the
condition (n Texas Is A constant source of
J^rry to the bearish contingency. Accord-
lug to private estimates, we loo* for only
flgti
improvement fn the government
over last month. The consensus of
Jl'bilon on the board favors a condition of
77 and 78, which would be regard-
*!«« bullish.
..‘he market still remains In the hands of
Jh • professional element, the public refus
ing to take a position till after tomorrow’s
report.
NAVAL STORES.
eppf'lnl to The Georgian.
^uvsnnab. Ga.. Aug. 1.—Turpentine Arm
56%; sales, 819; receipts. 1,042.
i* lo,, «n firm; sales, 2,678; receipts, 3,456;
N NEWS AND GOSSIP
of the Fleecy Staple.
Special to The Georgian.
(From Hayward, Vick & Clark,',
r New York, Aug. 2.—J. S. IlacUe & Co.
Liverpool wag due unchanged on uear and
1 ?«, t S!A h, S her °» distant. Opened steady
on ueuannd 4 higher on distant.
At 12:15 p. ui., steady net 4% higher
uear and 6 higher on distant positions. Fl..
business In snots at 3 points higher; mid
dling, 7.26; sales 7,000, American 6,100; spec
ulation and export 500, Imports 1,000, Amer
ican 100.
The Liverpool market shows further im
provement. Crop estimates so far show
very small Improvement In July condition.
The Journal or Commerce small Increase led
the list. Many views are expressed that If
the government figures ouly show the same
average li ** *
estimated ouu„.n mmii* mivance wiu surety
follow. The advance yesterday was due to
this Idea. The marking up yesterday of Oc-
tolier to 11.91 was not accompanied with
much outside business. We look for a
strong market this morning, and In view
or present conditions would advise pur
chases on fair declines.
Shorts uneasy over Inadequate Texas
rains. Forecast Is for clear and hot. Pros-
pectsare for a bullish bureau. Thlulc there
will be heavy covering before noon tomor
row.
Carpenter was the best seller this morn
ing.
report at 76.8 compares with
76.2 July 18 and 69.8 July L «
Home people are sending out wires to the
effect thot the trade looks for a 75 to 76 bu
reau. It la pur opinion that the market has
discounted 78 to 79, nn< if it Is under 77
there will be n rush to buy It.* The aver
age guess on tomorrow’s bureau by eighty
members of tho New York Cotton Exchange
Is 77.1
Schlll, Gifford, Hents, Mohr, Ilafineinnn
and Liverpool best buyers at the opening.
Selling scattered.
New York Commercial: It was cabled to
Liverpool last ulcht that Miss Giles’ report
was not expected to be over 75.
hollowing are 11 a. in. bids: August 11.57.
September 11.60, October 11.95, January 12.12.
New Orleans. Aug. 1.—Hayward, Vick &
Clark: Good Liverpool. Futurds so far 5
up, against about 3 up due. Spot prices 3
up. sales 7,000. •
Market opens about 4 points higher, and
steady. If the weather forecasts say fair
weather then wo go higher, otherwise ex
pect market will be sold for u set-hack of
about 8 points.
New Orleans, Aug. 1.—'Western forecast
says fair all round. This mnkes the market
safe and n buy In enso It should give way
on bear attacks.
Expect the market to be fought today by
hear crowd, but WHiit It lower to cover on.
Do not think much depression possible.
Map shows generally fair weather except
In southern Louisiana and Atlantic const,
where it Is cloudy. Following rains re|
ed for last 24 hours endrng 7
*1. Mi
rejort-
obile .14, Nash-
phls .44, New Orleans .02,
vllle .12, Jacksonville .01.
hollowing Is the National Glnners’ condi
tion report by sfntes: Alabama 73. Arkan
sas 71. Georgia 84. Louisiana 69, Oklahoma
and Indian Territory 76. Mississippi 73,
South Carolina 73, Tennessee 69. 'Texas 74.
Average 75.7, against 72.8 last month,
age 88.2 us compared with last year.
wAsh fabrics active
COLORED COTTONS ADVANCE.
Tho New York Commercial: At this time
of tho year the clothiers who have been
active In selecting their styles In men
—’ # or the spring of 1908 are In a poa
compare their initial purchases and
to weed out the styles that are either du
plicates or which prove undesirable. It Is
stated In the large agencies that the
amount of cancellations on the new spring
linos Is exceedingly heavy and that many
of the low-grade lines in woolens have suf
fered more than a 50 per cent reduction.
The hard finished woolens are holding early
business better than soft goods. Men** wear
1 £ p . ntl ... a, L e K 0, . n * cautiously about showing
heir high-grade worsteds, and it may be
well along In the new month before the
llghest grade fabrics are before the trade.
In the local Jobbing hour,os It is stated
that tho business that Is passing on wash
fabrics for the present season is larger
than has been handled In years. The fig
urcs for July Ir lino wash goods will ox
‘loop of 1906 by at least 50 per cent
I. B. Clafljn Company establishment.
On prints tho same firm has done more
than 100 per cent more business during the
past four weeks than during tho corre
sponding time Inst year. The gradual In
crease In the priee of colored cottons Is
having tho effect of bringing In deferred
orders from cutters And Jobbers. Homo of
the Western buyers are taking tickings,
cans, denims and colored ducks for their
-ull winter requirements nt the top pre
vailing prices of today. There Is n strong
undertone to/ tho trading In ready-made
clothing for women and misses; and tr»e
large cutfers ady they have enough ndvnnce
fnll business to keep them busy until the
duplicate order period arrives. A large part
of the fall business has been bonked nt
lound advances snd will net tho garment
markers a substantial profit. The greatest
—•* •“ being made on Imitation fur gar*
Narrow Cloths Wanted.
It Is evident from the number of orders
coming In on narqpw odds that printers
have not yet succeeded In filling their for
ward requirements. For 28-Inch 64 by 60s
4%c Is refused by ngentn who hold out
for 415-16o on contract and the full Be
for spots. On twills, sateens and fancy
goods of print cloth yarn construction prices
THE METAL MARKET.
New York, Au*. I.—Tho rartul market,
ere off He on nit grades of enppor In
Edited by
Joseph B. lively
MARKETS
Ur. Lively’s twenty-five
years* experience of ed
iting markets In Atlanta
and the South has made
him a recognised au
thority in his specialty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
fame os-’rrOcK.
Ainal. Copper. . . . •
Am. Ice Securities. . .
Am. Sugar Itefluery. .
American Smeltlug...
Am. .Locomotive. . . .
do. preferred. . . .
American Car F. . . .
American Cotton OIL .
Anncouda.
Atchison
do. preferred. . • •
Atlantic C. Line. . • .
Brooklyn BaplU T. . .
Baltimore 4b Ohio. . .
Chesapeake & Ohio. .
Canadian Pacific. . . .
Chicago ic Alton. , . *
Consolidated Gas. . .
Ceutral Leather. . . .
„ .do. preferred. . . .
Colorado Fuel & Iron.
Corn Produce
Colorado Bout hern. ...
Delaware & Hudson. .
Denver & Rio Grande.
Distillers’ Securities. .
Erie .
„ do. prefer-ed. . . .
General Electric. . . .
Great Western
Great Northern pfd. ..
Illinois Central. . . .
Interboro
do. preferred. . . .
Kansas A Texas. . . .
ThD
38% |
Total stock sales 522.506 shares.
86%
83%
M
120%
110%
P
St
42%
34%
53%
91%
»
97%
36
175%
S*
97
^55
11914
3014
29ii
65
23%
168**
65
23
M
ii%
131
15%
mi
38%
38“
NAME OF STOCK.
Kansas A Texas pfd. .
Louisville & Nashville.
Missouri Pacific . . .
Mexican Ceutral , . .
New York Central . .
Northwestern
Nuttoual Lead ....
Norfolk and Western .
Northern Pacific . . ,
tsntariou & West.. • .
i’enusylvoula
Pacific Mall . . ...
People's Gss Co. . • .
Pressed Steel Car. • .
Reading . •
Rook Island
do. preferred . . .
Repub. Iron A Steel .
do. pref.
Southern Pacific. . . .
Southern Railway. . .
do. preferred • • ,
St. Paul
Tenn. Coal and Iron .
Texas Pacific
Union Pacific . • • • •
U. S. Rubber. ......
do preferred . • .
Western Union .
Wabash
do preferred ,
Ex-dlvldend 3% per cent,
NEW YORK.
.ram ,d cottoB *"•
Aug.. .
Sept.. .
Oct. . .
Nov.. .
Dec.. .
Jan.. .
Feb.. .
March.
May,
12.20 12.20
12.24 12.25
12.32 12.33
Closed barely steady.
ill 1 U
1.54 111. 53
1.61 11.59-60
11.94111.93-94
12.00 11.95-97
12.04 12.03 ■
12.12 12.12 H
12.19 12.16-17
13.21 12.21-22
12.31 12.30-31
.
11.57-58
11.92-93
iLn 94
12.00-01
12.08-09
12.12-14
lt.lS-19
12.27-29
LIVERPOOL.
Following figures give the opening range,
2 p. m. ana dose, compared with yesterday.
Futures opened steady.
Opening Prevlouk
6.76 " 6.77
Sept.-Oct.*... 6.68 -6.63% 6.63% 6.61
Oct.-Nov.... 6.56 -6.68 6.58 6.58%
Nov.-Dee.... 6.tt%-6.54% 6.54% 6.55%
Dec .-Jan.... G.53%-6.64 6.54 C.54%
Jan.-Feb.... 6.52 -6.53 6.53 6.53%
Feb.-Mar.... 6.52 -6.63% 6.52% 6.54
Mnrch-AprlL. 6.62%-6.34% 6.51% 6.55
NEW ORLEANS.
&tfesvus?3gi ,n ” ,to ° ,o
1 xddo
-k
tap
n
i
>9
!«
Aug
Sept
Oct
Nov
Dec
Jan
Feb.. . . ,
March. . ..
lift
12.26
ib'si
12.28
12.58 12.58 12*68
12.28 12.23 12.24
*12!24 12J9 ii»!i9
12.24 12.19 12.19
12.56-60
12.66-59
12.24-26
13.20-22
12.19 2)
12.19-20
12.36-37
12.53-55
12.62-54
12.22
12.17-19
12.16-17
12.16-17
12.27-29
1133-35
Closed steady.
NOTES ON GRAIN.
Pointers on Provisions.
Special to The Georgian.
(From Hayward, Vick A Clark.)
Chicago, Aug. L—Bartlett. Frasier A Car
rington: Weather conditions perfect
throughout the gruln belt. Some light pre
cipitation. See very little In wheat at mo
ment. Do not look for much break In
prices until tho Northwestern crop is ns
shred,
would
Corn
Feel friendly to oats on all soft spots.
Threshing returns of oats disappointing, and
believe they should be bought on any break.
Feel friendly to provisions. •
Following from B. W. Snow, from Des
Moines, Iowa: “Talked today with grain
men and atnte reporting officials. Unani
mous agreement that oats showing much
lighter crop than expected. Cutting nearly
done and threshing begun. Threshing re
turns averaging only about 25 bushels. In
some cases, fields that looked good three
Any damage to tho spring wheat
Ive us a sharp advance.
Irm, with light receipts.
. g<
weeks ago are not being cot nt —
cesslve and persistent rnln and hot moisture
In July spread rust everywhere. Grain Is
very light, running only 20 to 25 pound*.
Confident atnte will not have over 100.000,000
ngninst 142,000.000 yesterday. Com late and
uneven, tassollng short and foul with weeds
In bottom lands. Outlook discouraging.
Chicago Record-Herald: Fatten aud his
followers arn believed to own an agf
of fully 10,000,000 bushels. If not lo.vwjiw
bushels, of September and May oats that
have been taken on In tho last ten days.
The hulk of the line of course Is owned by
Fatten himself. Fit estimates of Jhe pur
chases by Bartlett-Fraslcr direct and on
chases on Saturday of nearly *.vw.vw
cla mor?. There are only 908,006 bushels
contract grade oats in public elevators now
and no probability that the aggregate can
i Increased to amount to anything today
id tomorrow, the only time remaining to
_ l July contracts. The concentrated hold-
ngs of July, however, are not believed to
ie more than can be taken care of by the
ocal available stock.
N. A. Duff, of Nebraska City, whoso opln
le\d would be about rT per cent of that of
last year. He estimates eastern Nebraska
around 20 bushela to the acre; this section
made 25 to 40 bushels last year. In centra!
STRENGTH IN CORN
WHS HEJLPTOWHEA
Both Cereals Opened Sharp
ly Better—Wheat Later
Lost the Advance.
ST. LOUIS CASH QUOTATIONS.
Wheat—No. 2 red winter
Corn—No. 2
Oats—No. 2
I *-
ATLANTA MARKETS.
FRUIT AND PRODUCE.
ECK5B—Aetly,. 17H01it.
LIVE POULTRY—lien,, actlr,. SCJ7V,
chicken, (trira), 12H877H;. Duck,. Pekin,
tOc each: ptyfdlc, 26c each. Turkey,, active,
l2 H'ni{ssifn un rbnLTRY-Turke7,.
active, IS cent, pound; friea, nctlv.,
pound; heua.IBc per pound; duck,, drawn,
fane/, 16c pound.
PRODUCE—Lard, 12c ponod; bam, a»
five 16c pound: thonlder, nctlre lOQllf
pound; aide, actlra, 11c pound; bnttar dull;
lOfflltfo pound; baeawaa active, 26c pound;
honey, brleht. active, 10c pound; honey In
- pound hlocka active, 12Hc pound.
FRUITS—Lemona. fancy Meuanna, (6;
nanna. 314; pineapple, Florida stock,
!3fi3.50; llmea, Florida atoek, per hundred,
1; peanuts In aacka averaging 100 pound,
enrh. owing to grade, per ponnd, »H®*c;
alow sole, 76c crate; watennet
_ each: Georgia peaches, 61.00®
,50 crate; rhnlmrh, 75c each.
VEGETABLES—Potatoes, new, 62.75fi3.00
per bnrrel; per bushel, 61.10. Onions, Oeor*
la, 61.50 per htiahel; Spanish, 61.50 crate;
raut, half barrel, 63.75.
GROCERIES.
RICE—Jap 5fi»Hc: head 6®7c; fancy head
6Hfi7, according to the grade.
CIIEESB-Fancy full cream, 17 cent,;
Georgia can, ayrup 17 cent, gallon; aalt,
100-pound. 50c; tale grease 61.76; soda crack
era CHc ponnd; lemon, 7c; oyster, 7c; bur-
ml candy, per pound,. *Hc: mixed, per
ponnd. 6ge: comatose. S-pound, 62.00 eaae;
Ii-noond, 62-25; navy heana. 62.40; Lima beam
; beat matehaa.Jper groaa. 61.56; macaroni,
ici and barrel, 12c; green 11312c.
Shredded blacultjl caaa: No. 6 rolled oala
61.26 caae: aack grlta, 90-pound haga. It*;
ovatere. full weight 61 caae; light weight
61.10 caae; pepper, 16c lb.; baking Powder g
raee: red lalmon, 65 cue; pink salmon, 64.66
caae- cocoa, 40c; chocolate. 86; anaff, 1-lh.
bra 48c: roaat beef. 12.60 caae; corned beef.
- 60 caae: catanp, 61.90 case; alrnp. New Or-
ins. 35c gallon; corn. 90c gallon; Cab,
tub. 88.25fiJ.80 eaae; peanut., 8c: rop.
HAYWARD, VICK & CLARK,
COTTON, STOCKS, BOND8, COFFEE, GRAIN AND PROVISIONS.
Carondelat and Gravior 8ts„ Ntw Orlaans.
M EMBERS:
few Orleans Cotton Exchange, New Orlenna Future Brokers' Association.
•>«» York Cotton Exchange, New Orleans and Chicago Boards of Trade,
S'elreetou Cotton Exchange, New York Coffee Exchange.
Uouaton Cotton Exchange Aaaoelate .Member, Liverpool Cotton Aaa n.
New York and Chicago Correspondents:
J. S. BACHE & CO., AND BARTLETT, FRAZIER 4 CARRINGTON,
PRIVATE WIRES TO ALL POINTS.
•ranka la mnnlmr about the same as laat
year—about 10 bushels. The whole northern
half of Nebraska will probably yield os
much as last year. "The quality seems to
be very food.” he snys; "most of the
wheat, however. Is of the yellow berry va
riety. <The disposition among fanners so
far seems to be to stack the grain, aud
where they are thrashing freely they are
itory
Indict
... . ..... thluk
. oats In this part of Nebraska ore
good ns last year, being struck with
rust, and have the appearance of l»elng a
very light berry, although the later oats
seem to be hotter.”
The world’* wheat shipments were:
Last Previous Last
• Week. Week. Year.
America 3,328,000 2.908,000 1.952,000
Russia 1,768,000 1,200.000 1,856,000
Danublan ports.... 832.999 776.000 384.000
* ... 920,000 912,000 1,280,000
... ...1.056.000 1.544.000 1.824.000
Australia 304.000 456,000 368.000
Austria-Hungary... 56,000 40,000 96,000
Chile, N. Africa.... 40,000 66,000 112,000
Total .8,304,000 7,962,000 7,372,000
The world’s com shipment* wero:
Last Previous Last
Week. Week. Year.
America 1.56.1.000 1,170.000 809.000
Rnasla 1.260,000 821.000 276,000
Danublan port*....2,210,000 2.511,000 829.000
Argentina 2.064.000 2,146,000 3.136.000
.7,094,000 6,647,000 4,660,000
6-ply cotton, lie; coop. 6L80®4 ctu.
PROVISIONS.
PROVISIONS—Supreme bxmx MHe. belllei
204125 poando xverage. 6.76; fat Iwicko, 6.25;
Supreme lard, 10H: Purity compound, «H;
California hama. 10c; dry aalt extra Glia
FLOUR AND GRAIN.
-R—Illghe.t patent. .6.60; heat pat-
ent. SS.2S: atandard patent 84.75;'half pnt-
it 64.66; aprlng wheat patent. 86.M.
CORN-Vio. 2 white. Tie; choice white, 60c.'
white feed. 78c: So. 3 yellow. 71c; mixed.
77e* craekeil corn i»er bushel, 68c.
CHICKEN FKRD-Hfty pound tack#, 95c;
Pnala chick frad. 62 00; Victor feed, 6LJ5;
'“oaTs'^No. (white. 00c: NoJ mlxad. 60c.
Golden onta. 59e: white dipped, 61c; fancy
• * -Hi, 62c.
,-aln. per 96-pound sacks, 77c: 43-
pound ancka, 78c; plain, 24-ponnd sacks, 90c;
*'HAY-TImothy. choice lane Iflea, 8L40;
.o„ choice email balea, 81.35; No. 1. on»
third balea. 61.25; No. 3. one thlrd balea,
11.25; choice prairie. 61.00; Bermuda. 81.10.
gmoRTS—Choice white, gt.si; fancy. 1.00;
brown i«n to loo tHiundai, 61.45; bran, 81.65.
COTTON SEED MBAI^Prlme per ton.
625.50: No. 3 per ton, 624.00; bulla per Ion,
FISH.
r »
ponnd; front Ic —.
pompnno. 20r ponnd: mackerel. 12%c pound;
•nixed flab, 5c pound; fresh water trout, 8c.
Chicago, Aug. 1.—Wheat advanced
3-8iftl-2c today. Corn was l-4@S-8c
higher and oats were up 3-84?5-8c.
Provisions were alow and eaay.
Temperatures were down to 44 1n
Canada, causing Minneapolis strength
early. Present conditions, however, fa
vored spring wheat, and threshing
weather waa good southwest.
CHICAGO GRAIN MARKET.
Chicago grain and provision quotations
for today are as follows, compared with
yesterday's close:
Previous
Open. High. Low. Close, Close.
Dec....
May.... 1
CORN-
91%
93
ISept.... 64 64% 53% 64%
Deo.... 50% 61% 50% 51%
May.... 51% 52% 51% 52%
OATS—
Sept.... 40% 40% 40% 40%
Dec..t. 40% 40% 40% 40%
M K>rk 42 ^ ** *** 431/4
FORK-
pt.. 16.45
J.ARD—
Sept... 9.22%
Oct... 9.27%
RIB8-
Hept*.. 8.70
Oct... 8.60
f
16.45 16.35 16.45 16.50
CHICAGO CAR LOTS.
Wheat
Corn
Oats
Hogs, head..
. Today. Tomor.
THE LIVERPOOL GRAIN MARKET.
% higher. Closed quit
NORTHWEST CARS.
today, laaf week and last year:
Last
Today. Week.
152 118
THE LIVE STOCK MARKET.
Chicago, Aug. 1.—Hogs—Receipts 18,000.
Market 6ftl0c higher; light $6.05fi6.65; mixed
J6ft6.47%: heavy $5.50fj6.80: rough IS.50«5.8S;
pigs S5.75C6.30: yorkers |6.45<g«.60; good to
choice heavy $6.20^6.30.
Cattle—Receipts 4,000. Market steady,
beeves 34.40ft7.60; cows $1.40^5.20; heifers
$2.40fi5.40; calves So.5-^17; giwel prime steers
15.60^5.90; poor to medium S4.50C5.7S; stock-
era and feeders S2.60fM.9o.
Mheep— Rci'elpts 12,000. Market steady; na
tives 13.50^/5.75; western S5.fl5fi5.65; year-
llngs S6§26.6f)| _lamb» |S.50ff7.30; western
DONT GET LONESOME
when away. Just ordar Tha Georgian
and Nsws sent ta yaur nsw address
daily. You’ll have a real vacation if
you da. 45 aants a month, 10 cents a
weak. Phone 4928, or writ# circulation
department, The Georgian and News.
No trouble to change address.
WEATHER REPORT.
WEATHER CONDITIONS.
Clear weather prevails over most of the
map except a small area of cloudlnesa In
the lake region and a few scattered show
ers elsewhere.
In the laat 24 hours showers have occurred
on tho gulf const, In tho southeast, In Ten
nessee, the Ohio valley and at most lake
stutlons. Rain wna falling this morning at
Knoxville, Tenn., and Marquette, Mich.
The barometric pressure Is lowest in
northern Mlehlgnn and highest in Montnnn.
The temperature has chunged but little,
being somewhat lower In the Missouri and
Mississippi valleys and the lake region,
while on the Atlantic roast plus changes of
2 to 4 degrees have occurretl.
Existing conditions Indicate generally
fair weather for this section tonight aua
Friday.
COTTON REGION BULLETIN.
TIPS PLASHED
From Wall Street.
Special to The Georgian.
(From Hayward, Vick & Clark.)
New York. Aug. L—J. 8. Baehe & Co.:
London prices for our stocks slightly above
parity. Bad break In consols. Loudon heavy
la other securities. •
Look for further selling this morning.
Situation generally sound, but the uuset-
tlenient abroad disturbing prices here.
Dlrectoro of Southern Pacific and Union
Pacific meet at 11:30 a. in. today to act on
dividends, and 6 per cent In Southern Pa
cific .-s generally looked for. Pennsylvania
shows 12 per cent earn ml In spite of In
creases In earnings aud expenses. Would
advise conservatism nt the moment, and
suggest buying only on marked reactions.
There are many stocka pressing on mar
ket. It Is expected that Southern Pacific
will get 6 per cent at today's meeting. Lit
tle outside business: professionals are do-
lug most of the trading.
New York Financial Bureau: Steel meets
support around 35 aud The Sun estimate of
17% per cent enrulngg may enuso a cessation
In attacks today. Smelting Is maintaining
the 112-113 support ns yet, and the Heinz
rivalry may be used to get stock. We would
buy It with a stop order when weuk, for
turns nt least. Union Pnelfic is supported
around 139 and then 135. Amalgamated does
not find strong buying orders until well to
ward 80 as yet. but these may be raised,
ami a rally Is about due anyway. Bt. Paul
will meet good support toward 130, Great
Northern preferred 130, Northern Pacific 125-
126, and Rending par. toward which levels
they should be bought with stop orders.
Town Topics: Tho August disbursements
are not excessively large, but investment
will be attracted by present market levels
which show n good set-back from recent
figures. In turn has been accomplished the
weedlag out of ■ large percentage of the
weak bull fnllowlug and the building up
of n short interest of greater proportions
thau hus extantd for
tlon may run n little
cellent opportunities
lying standard rnlb
illy If thenenrs ni
furnished for
railway Issues cheap, esne-
y If tluniears again become aggressive
at the start today. Much has been made
of the fulling off lu the Steel business, but
the most Important fenture In this connec
tion, the decline In rad orders, to due al
most entirely to the controversy that hus
been going on as to tho best manner of
their manufacture In order best to stand up
under the record-breaking truffle to which
they are subjected throughout tho country.
We understand that heavy contracts are
to the dogs. Only the blind full to recog-
on to believe this to other than a whole-
Dme relapse from too great activity.
Tho Harrlmau dividends and the Atchison
arnlngs today will furnish happier food
nr reflection, and we think a resumption
t th#* ndrnnre to only a question of a few
would buy the good rails on tho
ding also will do much better. Do
. _ hort of Copper on the metal score.
It to a luitter buy than sale.
The advance In cotton may run a little
further, but we would buy ouly on sharp
reactions.
’ Wheat Is not an attractive purchase
around present prices.
LOCAL STOCKS AND BONDS
WAS ABOVE PARITY
New York Opened At Small
Changes From Wednes
day’s Closing.
A FEW ISSUES HIGHER
Others Fractionally Lower.
Dealings Early Were On
a Small Scale.
. )
New York. Aug. l.-The decision of th#
Southern Faclflc directors raising the stock
to n 6 per cent dividend basis was an*
nouneed shortly before noon. Tu view of
the assurance* made a week ago that thia
action would be tuken, It wna ward to ae«
Juat why so much stresa should have l»een
laid on today s proceedings. There remain*
e«l apparently, however, in speculative quart
tera a lingering feeling of fear up to tho
end lest an nnjilcasnnt surprise might be
snruttg upon the community and up to
tho tlmo of the meeting the movement of
•rices had beeu quite Irregular. Neither
•oiitliern nor Luton Faclflc sold na low as
. esterday’s closing. Both stocks opened up
a half point and ran another point In tha
first hour of the.business. The rest of the
list, nfter some hesitation at the start,
followed this lead pretty generally, and
maintained a fair net gain at mlddny.
There was no serious pressure upon the
market, hut the Indifferent reception accord
ed to the announcement showed that In
quartern where the manipulative operations
‘ ive recently originated.-the Immediate ef*
■ct had been fully anticipated.
New Y#rk, Aug. 1.—The stock market
opened Irregular. Great Northern preferred
% down, Smelting %, St. Paul %, and
Rending %. Southern Faclflc gained %.
Amalgamated and Missouri, Kansas and
MONEY AND EXCHANGE.
STATIONS
Atlanta's
DISTRICT.
Atlanta, clear. . . . .
•Chattanooga, p. el’dy
Columbus, p. cloudy..
Gainesville, clear. . .
Greenville, clear. . . .
Griffin, clear
•Macon, clear
Montlcello, clear. . .
Newnan, dear
Rome, clear
Spartanburg, clear. ..
Tallapoosa, p. cloudy..
Toccoa, clear
West Point, clear. . ,[ vm w , w
'"•Jlinlmum temperatures are for 12-hour
period ending 8 a. m., this date.
_ ‘ HEAVY RAINFALL.
Forest City, Ark......
CENTRAL
8TATION.
Atlanta. . . .
Augusta. . . .
Charleston. . .
Galveston. . .
Ittle Rock. .
Memphis. . . .
Mobile
Montgomery. .
New Orleans..
Oklahoma. . .
Savannah. . .
Vicksburg. . .
Wilmington. .
T. Indicates
DISTRICT AVERAGES.
£ 3 “
*2!
i<
it
c!
'll
all
nappreclabie catufuti. „ w .
or 24 hours andlog I a. cm.,
Remark*.
Temperature chnnges have been slight nml
unimportant. Scattered showers have fullen
throughout the belt.
J. B. MARBURY,
Section Director.
WEATHER FORECAST.
Washington Aug. L—Weather conditions
and general forecast:
The mouth opens with temperatures about
normal, except In Minnesota and the Dako.
tas, where they are 6 to 8 degrees below
le seasonal average.
For tonight ann Friday, partly cloudy
weather, with occasional thunder showers,
to Indicated for the lower lake reglou au«l
the middle Atlnntle states. Elsewhere, the
weather will be fnlr. The temperature will
change but little. 1
The winds along the middle Atlantic coast
will be light to fresh southerly; on 4be
south Atlnntle coast light southwesterly,
and on the east gulf coast light and varia
ble.
Forecast till 8 p. ni. Friday:
Virginia: Fnlr tonight nnd Friday; light
to fresh southerly winds.
North Carolina, South Carolina nnd Geor
gia: Fair tonight and Friday; light to fresh
southwesterly winds.
Esstern Florida: Fnlr tonight and Fri
day, except scattered show-era Friday In the
southern portlou; light to fresh westerly
winds
Western Florida, Alabama and Mississip
pi: Fnlr tonight and Friday; light variable
winds.
Kentucky and Tennessee: Fnlr tonight
and Friday.
Louisiana: Fair tonight; Friday fnlr. ex
cept hnowers lu south'llst portion; light to
fresh northwesterly winds on the roast
Illllyer Investment Company snys:
demand for local stocks and lamds has
been very light for the past few days,
owing partly to the usual dullness follow
ing the July Investment season, and part
ly to tho unsettled condition of the money
market.
Georgia bonds and Atlanta ltonda ore atlll
heavy, hut purchasers are found on inodcr
ate recessions.
Few transactions aro recorded In local
bank stocks. The advance In bids for
Fourth National upon Increase of dividend
was not ns large ns had been expected
Irv Is noted for Central Batik am!
Lowry National.
Railroad nnd Bnnklng Company
stock shows signs of Improvement, though
not very marked na yet. Georgia Railway
nnd Electric Is stendy, with no recent trans
actions recorded.
Cotton mill stocka are dull.
We look for a more active market during
August, hut llttlo or no Improvement In
prices until tote fall.
Folio-*— *
traded .
Rid. Asked.
Atlanta A West Folnt R. R.. 160% 167%
Atlsnta, Birmingham and A.. 19 23%
do, preferred
Augusta Factory
Central Bank and Trust Corp. 110
Exposition Cotton Mills 220
Fourth National Dank 210
On. R. R. nml Banking Co.... 240
Gi.^Ry. and Electric 80
!.’!!!!! io
>88
107
W14
i«H
wu, oyt, liHXf. reg
Dixie, Cot ton Mills, 1st mtjr. 6s.
is*
ill*
m
>08
71M
THE COFFEE MARKET.
New York, Aug. 1.—Following are coffee
cables:
Unvra, 10 a. m.—Market stendy; noon, de
cllned % franc; sales. 12,000.
Hamburg, 10 a, ui.—Market unchanged to
% pfennig advance; sales, 14,000.
Rio receipts, 11,000; uiurket firm.
KnntoH receipts, 26.000; stock, 1,290,000.
Kao Paulo receipts, 32.200.
Jiiudhihy receipts, 27,000.
New York, Augr. 1.—Monfy on call,
2@2 l-2j time loans unchanged; 60
days, 4 1-2^5; 90 days, 5 l-4@l-2; six
months, C per cent.
Posted rates: Sterling exchange,
$4.84 l-2©4.88, with actual business la
bankers’ bills at 34.87 for demand and
14.8365^4.8375 for 60-dajr bills.
Prime mercantile paper firm.
London bar silver, 32 l-6d. New
York bar silver, 69 5-8c.
Mexican dollars, 54 l-8a.
GEORGIA RAILWAY AND
ELECTRIC COMPANY,
J.—Following
nnd asked price on Georgia „
Electric Company today: Bid 83 for fifty
* * “ 160 shares. Frefarreu,
THE LONDON 8T0CK MARKET.
Anaconda
Atchison .. .. ..
do, preferred « ..
Baltimore and Ohio ..
Chesapeake and Ohio
Chicago nnd Great Western..
Canadian Pacific
Erie
do, preferred
Illinois Central .. .. ..
Louisville nnd Nashville ..
Kansas and Texas
do. preferred .. .. .. ..
New York Central
Pennsylvania
Ontnrfo'and Western .. ..
Norfolk and Western
Philadelphia nnd Reading
Rock island
Southern Pacific
Southern Hallway .. .. ,
do, preferred
St. Paul 133%
Union Pacific ..141%
United State* Stfrl
do, preferred
Wabash preferred ....
Opn
imk
IMPROVEMENT IN COTTON
LIMITED THE PAST WEEK.
tor today:
January .. ..
February .. ..
March .. .. ..
April
May
June
July
August .. ..
September .... 5,65-5.90
October .. ..5.86-5.90
November 5.85-5.95
December 5.90-5.96
Closed steady. Hales 44,000.
Opening
Range.
.,5.90-6.00
. .5.90-6.00
..6.00
"..o.ne””'
. .6/)6*6.15
..6.10-6.15
Close
6.06-6.10
6.05-6.10
6.05- 6.10
6.06- 6.10
6.15- 6.30
6.15- 6.20
6.20-6.25
5.90-5.95
5.95- 6.00
6.96 6.00
5.95- 6.1
6.05-6.10
COTTON SEED OIL MARKET.
ALONZO RICHARDSON & CO.
PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building. Bell Phone, Main 853.
ATLANTA. GEORGIA.
ODenlng.
August .54 4164%
September 53%^64%
Following la given the opening and closing
of the New York cotton seed oil market:
Closing.
54%6»%
64%
jjJc_
1 tecember 40%
January 39%®40
Following ore the cotton see#I oil sales for
the opening nnd doe#.: 300 December at 40,
400 January at 40, 200 October at 50^
er nt 60%. i
>er nt 40%, l
2,700. Clos
THE GEORGIAN AND NEWS
will b* xent to anybody anywharo for
any langth of tlmo by notifying tha elr.
culation dapartmont. Phono 4S28,
Standard 4401, 45 eanta par month, 10
conta par w«ek.
Nrw Orleana, Ana. 1.—The Tlmra-Dcmo-
crat aaya: “The character of yesterday*
Information Inspired bullish
nndltton reports ns a whole point to lim
ited Improvement during the past month,
th«* plant In many sections not hsvlng re-
s|H>nded to the favorable weather In fall
measure because of Its poor start and back*
ward condition, the absence of uormal fo
liage protection and adequate tap root
equipment unfitting It for (ha hot, forein
weather that has recently been.
that has recently , .
Business has reached practically au
Irreducible minimum. The market Is ex
tremely narrow.”—Hayward, Vick & Clark.
$88,000.00
GOLD BONDS
to uet investor nearly 6 per
cent. Write for circular. J.
H. Hilsman & Co,, Atlanta,
Ga.
4%
UNION
4%
SAVINGS BANK
Could Building
CAPITAL STOCK . . . SI00.000.00
——— RESOURCES - 0 ,
4 /o SZ60.000.00 4 Jo
t
ATLANTA NATIONAL BANK
ATLANTA, GA-
C. E. CURRIER, President H. T. INMAN, Vlee-Prealdent.
GEO. R. DONOVAN, Caihlar.
JAMES S. FLOYD, Assistant Cathlar.
Capital $500,000.00
Surplus and Undivided Profits $650,000.00
We Solicit Your Patronage.
J