Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, August 01, 1907, Image 11

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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