Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, August 05, 1907, Image 9

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THE ATLANTA GEORGIAN AND NEWS. MONDAY, AUGUST 5. 1907. REPORTS ARE VERY BULLISH Continuance of Droughty Condition Will Result in Serious Damage. market IS VERY DULL Tendency Was Toward a Slightly Higher Level. Trade Professional. NEWS AND GOSSIP of the Fleecy Staple. New York, Aug. 5.—Business at tlie open* In* of the cottou market this morultig wns nnlet. Prices were sternly and unchanged to 3 points higher, on reports of drought lu Texas, notwithstanding Saturdays pro* dirtloua for showers. The market at Liver* pool was closed. The market during the morning ses P l.»n was dull with trading confined mostly to the professional element. Weather new? was of bullish aver age, especially in Texas, where the crop is badly In need of rains. Prices were steady at a slight advance from the opening at midday. The trade gen erally, however displayed a waiting at- titure. due to absence of advices from Liverpool, that center being closed un til Tuesday morning. The close was steady net 10 to 12 points higher. Liverpool is due to come 3 1-2 to 8 points up on Friday’s 11 o'clock bids. . Comparative receipts at all U. 8. ports: Net receipts Monday...., .*.... Same day last year Decrease Total receipts for two days.... Same day last year Decrease. Total receipts since Sept. 1.. ..9,819,632 ... Same time last year 7,818,239^ Increase 2,001,393 Estimated receipts Tuesday: — 1907. New Orleans*....... 700 to 800 Houston 300 to 400 1,329 2,829 1,500 2,239 6.070 3,831 1906. 519 3,122 SPOT COTTON MARKET. Liverpool; holiday. Augusta, quiet; middling 13’ * " ; middling 12® ly; middling cfy; middling 13c. > umiraiuu, •iwuilnnl; middling 13*A, Wilmington, nominal: middling 13& Norfolk, quiet; middling 13V£. —*‘t; middling : Special to The Georgian. (From I lay ward, Vick & Clark.) New York. Aug. 5.-J. 8. Bnche A Co.; Liverpool closed. No incentive from the oflior side this morning. We look for a quiet, rugging market today. Weather map shows favorable conditions over Sunday, with rains in plenty. The government re port is not credited to any great extent. Ihu figures wore at variance with private ngures of. growth and development during July. Much realizing on the report, and very little buying to support prices, f ‘ lug Interests here are flourish. Habersham King's weekly report (s very bullish on Texas. Weather news is bullish, nnd oven Hat ershnm King, who always manages to see the favorable side, states that the situn- tlon in the west Is growing critical, but buyorg are scarce. There has been consld* ‘Mbit* scattered liquidation, which now corns to he over. New Orleans, Aug. 5.—Hnywurd, Vick it Clark: Market opens 6#9 lower on selling on Tlnies-Deinocrnt report. Would rather buy It on depression on prospects of hot weather iu Texiis and hardly any rain over Sunday. Weather mop showing very little min and t,v hot iu north Texas, with fair weather promising in> relief from drought, Is Ha* hlo to *nv« the market from depression on The Tlines-Democrat and The Memphis ’ommerelnI-Appeal reports. Would buy It on weather outlook, today pointing to an other bent spell. Snch heat after showers sure to firing shedding. The Tlmcs Deniocmt teport this morning on cotton crop conditions is summarized us follows: Distinct improvement has !>eon the rule throughout the belt; the weather having been favorable nnd the cultivation thor ough. The plant has grown rapidly, tint 'i •till small ns compared with the normal, a ml Is, therefore, peculiarly dependent upon begins to move in earnest nnd farmers np- nenr to be determined to hold out for higher prices. The New Orleans Picayune: “The cot tou crop has held Its own during the week In southern Mississippi, and the whole of Louislaun, according to correspondents' re ports to The Picayune. August will prove the crucial mouth. A slight overplus of rain will cause t eve re shedding of the plant, ana lack of moisture will result in premature opening, with consequent deterioration In the grade of the staple. However, present conditions are now extremely favorable, with the prospect of steady improvement jtll during the fruiting stage." ATLANTA MARKETS. FRUIT AND PRODUCE. KOGB—Active, ISo. 12*4c per pound. DRESSED POULTRY-Turkeya. drawn, ■ “ - * irir- — active, io .cuts pound; fries, active, 22ftc . hens,15c per pound; ducks, drawn, 'ancy. 15c pound. PRODUCE—Lard, 12c pound: hams a«> five 16c pound; shoulders active 10® 11* pound: sides active, lie pound; butter dull, Sflnfh, Philadelphia, quiet; middling 13.50. Mobile, steady; middling 12& Houston, quiet; middling 13c. Cincinnati, nominal. TODAY'S PORT receipts. The following table shows receipts at the ports today, compared with tho same day Inst yean; •Elghty-two new bales. INTERIOR RECEIPT8. HAYWARD. VICK & CLARK'S DAILY COTTON t-ETTER New York. Aug. 5.—J. H. Bnche A Co.: Prices advanced this morning, but notwith standing the firmness the- market ruled very dull, with trading confined to pit trad ing and the shorts who betrayed nervous ness over the bullish weather conditions In Texas. Although showers occurred In the gulf states nnd other parts of the belt, the condition In Texas still continues n <Hh- turblng fnctor. Private reports Indicate no rain lu Texas over Sunday nnd with very hl*h temperatures recorded. The expecta tion Is for very hot weather In Texas ond Arkansas today. The opening did not have the Influence of the Liverpool market, ow ing to the holiday, nnd the advance enrred after some liquidation early lu — session. The disposition to await the alien ing of the Liverpool market to ascertain how the shorts In Liverpool will take the government report. We look for a firm i ket and would buy on nny recession. 1. M. FAIRCHILD & CO.’S WEEKLY COTTON LETTER. Now Orleans. Aug. 6.—The action of the market since tue publication of the bureau report Friday has been n great disappoint ment to the friends of cotton. AH thlugs considered, this report was probably the most bullish document ever put before the public, yet prices closed Saturday within a ww points of where they were before the r<'I*ort was published. While some are In clined to discredit the figures put out by th*> government, we believe thnt a careful ftndy of conditions given by states will about conform to general Ideas of those who have kept up with the progress of tho crop. The ngures for the Atlantic states show considerably above those of last year, while the middle and western atnten are far be- throw over their holdings. As public busl- n<*SK is very mnch restricted, due to adverse legislation In the South, the buying power wns very limited nnd not sufficient to take enre of the heavy selling orders. “The prominent New York opera for" Hooded the country with l»earlsh telegrams, ond not withstanding his nttlude of some weeks ago he now comes to see no good In the stnple. honio are Inclined to the belief that he K'^ks to create n favorable level for accu mulating cotton nnd that he will boon again assume the pose of the “fanners’ friend, •he government report more than confirms f he bullish reports Issued through private source* nnd should, we Isdleve, he accepted a* the true conditions of the growing crop, "e see no feature In the situation to war rant lower prices, while on the other hand 5® many bullish arguments can be set forth that we do not hesitate to advise our tiiend* to buy cotton around present levels, tiling confident that snch purchases will u*t hnndsome profits. The high tempera ture* throughout the lw»lt bnre certainly re tarded the plnnt to some extent nnd the poor stands will prevent the pOMldllty of *u average crop, even should we have a late m*st, which, of course, Is not an amured r rr .„,. stock, $3ft3.50; limes, Florida stock, per hundred, 51; peanuts in sacks averaging 100 pounds each, owing to grade, per pound, 6H©8c; cantaloupes, slow sale. 75c crate; wntermei ons, 12tt&20c each; Georgia peaches $1© 1.50 crate; rhnbnrh. 75c each. VEGETABLES—Potatoes, new. $3 per bar rel; per bushel, $1.15<ffl.20. Onions. Geor gia, $1.60 per bushel: Spanish. $1.60 crate; kraut, half barrel. $3.75; cabbage 2*,$c pound. GROCERIES RICE-Jnp % 505%c; head flflffc: fancy head $Hf$7. according to the grade. CHEESE—Fancy full cream. 17, cents; Georgia cane syrup 37 cents gaiipd; wit, 100-round. 50c; axle grease $1.75; aoda crack era 6Hc pound; lemon, 7c: oyster. 7c; bar rel candy, per pound. 6Hc: mixed, pet pound, 6V4c: tomatoes. 2-pound, $2.00 rase; l-pound, $2.25: navy beans. $2.40: Liras Leant best matches, Jjer gross. $1.05; macaroni. iw&le pound; sardines, mnstnrd, *3.23 rose. SUGAR—Standard .granulated, 6*4; New York refined. 4.90: plantation. Be. ^ COFFEE—Boaatea Arbuckles $16; bulk In an and barrels * Shredded biscuit 3.36 case: sack i ryatert, full well $1.10 case; pepper, case case few* coaecatsup, $1 90 easoT sirun. New O? — _ —»— —— •*- ~allc“- — Edited by Joseph B. Lively MARKETS Mr. Lively's twenty-fir# years' experience of ed iting market* la Atlanta end the South has made him s recognized au thority la his specialty. SOUTHERN COTTON MILL STOCKS RANGE OF NEW YORK STOCKS AND COTTON MARKETS NJMK OP PIOUS. Auiul. Coppttr. .... Am. Ice securities. , . Am. Sugar Hennery'. . American Smelting... Am. Locomotive. . . . do, preferred. . . . American Car b\ . . . American Cotton OIL . Anucondu Atchison do, preferred. . . . Atlantic C. Lin llrooklyn Uapld T. . . Ualtlmora A onto. . . Clicsoneafci A Ohio. . Canadian l’aclBc. . . . Chicago & Alton. . .. Coutotldated Una. .. Central Leather. . . . do. preferred. . . Colorado Keel A Iron. Corn Produce Colorado Southern. ... Delaware A Hudson.. Denver A Hlo Grande. Dlatlllcra' Securities. . Brio do. preferred. . . . General Electric. . .. Great Western Great Northern pfd. .. Illinois Central. . .. fnterboro do. preferred. . .. . Kinsat A T.xni. . . . a ri\ fit S3* ssti an NAME OP STOCK. kanaaa A; Texas pfU. . iLouisvIllc Sc. Nashville. Missouri Pacific . . . Mexican Central . , . New York Central . . Northwestern ..... Natloual Lead .... Noiioik and Western . Northern Pacific . • . Outurlou & West.. , . Pennsylvania ..... fael tie Mall People's Gas Co. • . . Pressed Hteol Car. . . Reading Hock Island do. preferred . . . Repub. Iron & Steel . do. pref. ...... Southern Pacific. . » . Southern Railway. * . do. preterred . . . St. Paul . . Tenu. Coal nnd Iron . Texas Pacific ..... Union Pacific • . . . . U. B. Rubber. ...... do preterred • • . U. 8. Steel ...... do preferred .... Weitero Union .... Wabash ........ / Ao preferred .... Wisconsin Central. • . * do preferred • • . iii" fit Quotations by F. C. Abbott A Co.. Charlotte, N. C. Did. Asked Abbeville common.. 91 Aiken Manufacturing Co 86 92 American Spinning Co 140 ... American Spinning preferred.. X02 Anderson Cottou Mills ; 87 Am. Warehouse pfd., Spray 81 Arcade IIH Arcadia 96 WY' Arista . ... 36 Arkwright- Mill* 112 Arlington 160 Atherton, N. C ... toi Avon H5 if*; Avondale - Au /—*“ U0 Total stock sales. 374.100 shares. NEW YORK. The following Is the range in cotton fu tures In New York today: tls o | a X ; 1 c £? Jan. . . Feb.. . March. May. __jll.fi 11.48 11.93 12.04 11.88 ftfiftiiiLM 12.09 12.23 12.06 Closed steady. COTTO/I SEED OIL MARKET. Following Is given tho opening nnd clos ing quotations of the-New York cottou seed oil market. Opening. August. . , « . . . *" September October. ...... November - December 40%©41*4 .. Jnuunry. ....... 40 ©41 39%©40% Following aro the cotton peed oil snlea for the opening nnd close: 10J October at 52. Closed quiet. NEW ORLEANS. Ths following Is the ranes In cotton fo turea In New Orleans today: r 1 c i\i sp H j £f Ang.. . . .112.76 Sept.. . . .13.66 Oct 12.25 Nov Dec 12.18 Jnn 12.23 Fell March.-. ..112.36 12.76ji2.76 12.67 12.64 12.39jl2.21 12.24 12.16 12.4012.22 12.4911135 12.76 12.67 $ 12.40 *12.46 2.i 5 12.74-75 12.39 1114-16 12.33-34 1139-40 12.43-45 12.60-51 11W 12.65-67 1129- 30 1126-27 12.24-25 1130- 31 12.34-36 1141-42 Closed firm. : : —- j Belton no Bibb Bonnie ...l Dragon Cot. Mills, 8. C. N Brook-side 106 Bloomfield 109 'npltnl City preferred 80 Chadwick preferred.,, 101 Chadwick, N. O... ,... 120 Cheuwcll, S. C., preferred Cheswell, 8. C Clam 125 Clinton 165 Clifton Clifton preferred 102 Cllffslde 152 Chlquolu Cotton Mills 124 Courtney 10Q Converse Manufacturing Co... 112 Cherokee Manufacturing Co... iso Columbus Manufacturing Co. Cora 154 Coxe 108 Darlington Dallas Mfg. Co., Alabama 99 Dover Yarn Mills, N. C 100 ling 66 DUIlou |6 Eagle and Pheulx 182 Kflrd, N. C iso Elmira, preferred 100 Easley 140 Eden ton, S. C 144 100% iji* FACTORJN STOCKS Trading Early Monday Was at Sharp General De cline. BUSINESS WAS ACTIVE But Was Confined to Few Active Issues, and Mostly Professional. Exposition 8. C 125 standard Oil fine wan felt at the opening of the market today, na rumor* of It had failed on Saturday. It wn* not much. If aiiy. consideration of the harm this action might do the cympauy's financial condition that was taken Into account, hm It teas tho fear that so drastic a decision from tho fed eral judiciary might encourage attacks upon other corporations that were guilty of vio lating the rebate law. It wns felt thnt tho episode had given a new Impulse to tho agitation against corporate interests which *0 often shaken the market's confidence. low prices were made ns a rule around the opening of business. New York, Aug. 6.—The stock market opened at general declines. Reading start- od 1V4 lower. St. Paul 1%. Brooklyn Rapid Transit declined 2 points lu all. Anaconda was off 4 a point, American Smelting and Atchison %, Union Pacific Steel common %. Steel preferred %. Southern Pacific opened % lower. MONEY AND~EXCHANGE. NOTES ON GRAIN. Pointers on Provision*. Inn., fply'cittoo. Sc cnllon: W.25«S-S') ttoo. He: 1 lion: com. toe ..i c*«,; pMnnb, «•; •oap, 11M04 «H PROVISIONS. rROVISlONS-SMprcmp bum. lHte, belli,, pvrr25 pounds nrern(to. 6.7S; tnt Pnclra. 8.35; guprem, lord, 10%: l-urlty compound, 8%; ramorula barn., 10c: dry .nil cxlru rlbi FLOUR AND GRAIN. FLOUR—Highest patent. 8»0: iwst pat. ,nt. ».*: itaudard patent M.7t: halt pat ent! HC5: sprln* wheat patent. 18.M. 1 CORN-bo.J white: 7!e; choice white. 8Hc.- white feed. »Se: bo. S yellow. 7Sc; mixed nc: cvackwl corn p*r bushel, 7So. CHICKEN FEKD-Flfty pound saek,. Me; Punla chick feed. 12.00; Victor feed, Jl.33; brand feed, $1.35. OATS-No. 2 white. «0c: No. 1 mixed. 69« Golden onte, 6Sc: white clipped, 61c: tone, white clipped. 62e. ■ MEAL—Plain, per 26-pound aaoka. 77c; 68- pound saeka. 58c; plain, 24-pouod aacka. We; ,e HAY-Tlinolhr. choice Isrre hales. JL40; do., choice small bales, $1.2j; No. 1, one- third bales, $L36; No. 2, nne-tblrd bales, $1.25: choice prairie. $1.00; Rennudn, $l.io. BTIORTS—Choice white, $1.60; fancy, 1.60; brown (80 to 100 pounds), $1.46; bran, $1.85. COTTON SEED MEAL—Prime tier ton, $26.50: No. 2 per ton, $24.00; hulls per too. FI8H. FISH—Bream 7c pound; snapper ___ pound; trout 8c pound; bine fish 7c ponad; pompano, 20c ponnd: mackerel, 12Hc pound: mixed fish, 5c pound; fresh water trout, 8c. MILLS GENERALLY SOLD UP FOR BALANCE OF THE YEAR The New York Commercial: What U re garded ns the most important feature of the post week Is the forward buying for the spring of 1908 on blenched good*, gray goods nud general Hues of print cloth yarn const ruction goods. The converters and h rlnter* show their full confidence In values y taking merchnndi*e on a higher valuation than hn» heretofore been deemed prudent to operate on. The largest selling organisation In the city elates thnt they ‘ ly sold up their mills for th f ear OU everything except tue coarser yaru nitric*, and on these they arc getting a fenerous amount of bnalness at their own erms. More favorable conditions exist In be men’s wear trade for the spring of 1908 than those reported during the closing ... . jjfgfc.prfcnd fancy jicy woolens are be fore the trade In range* above the $2 value, hnvers are nltle to make final selections of thdr sample pieces. There appears to be no hesitancy on the part of manufacturing clothiers and cloth Jobbers to take a full range of styles, although as yet they have not done nny speculative purchasing on nny clnss of fabric. Agents report supple mental orders on hosiery and underwear for forward delivery as coming to hand from Jobber* In the East and West. Prices on all such merchandise are firmly main tained. The ordering on all classes of knit goods (of the spring Is also progressing satisfactorily, and there seems to be n stronger disposition on the part of large operators to rake summer weight goods than was shown at this time last year. r’s sales of fresh beefr In _, IU ,.. W , v . week ending Saturday, August 3. averaged 6.76c per pound. Special to The Georgian. (From Hayward, Vick & Clark.) Chicago, Aug. 5.—Bnrlett, Frnzlcr * Car rington: 'The ouly bearish thing In the market nt the moment Is the coming Sep tember liquidation. Feel friendly to wheat on soft spots and believe It should be pur chased. Movement of corn very light nnd promises to continue so for some time. Good’domes tic demand for corn, uud we look for higher prices of ull the futures, AU reports regarding t„ — ».- r — disappointing. Held light and weight very much below standard. Expect to see them sell higher. very mnch in provisions, but The volume to day Is the largest that the trade has ever seen for an extended period, and com mission houses are carrying more accounts on their books than they have ever had be fore. The price is the highest ever known at this time of the year, the season thnt the new crop Is usually moving to market 111 Its greatest volume. Patten Is easily the lender of the local bulls In the market, and holds thnt the crop situation this year amounts to a calamity. He estimates that the crop Is nt least 200,000.000 bushel* less than thnt of last year. Well posted pit observers say he holds the largest line of onts that he ever owned, many estimating the line nt over 20.000,000 bushels. Patten Is not alone on tho ball aide, but Is sup ported by quite n following of wealthy and Influential speculators here and elsewhere, who also own large Independent lines of outs. The onts bought by these specula- WHEAT AT OPENING A FRACTION LOWER Recovered the Loss Later on Strength Shown by Oats. More oats have been sold for HopteiU' ber delivery In Chicago than all of the railway lines could bring hero In ninety (lavs. If present claims of light weight are aus- tnlned by further thrashing of onts It will be a difficult matter for tne sellers to fill their contracts. Thrashing returns thus far country seller is smrapeuwi mro covering his shorts hora It Is expected thnt tha Sep tember price will l*e bid to a considerable premium over May delivery. Patton’s house nnd a number of other commission firms nnd brokers bought onts on an enormous «<*ni» ventoriiav, taking September nnd May the central Idea apparently he re ns many ns possible. Bulls a t'other points are kept busy sending in re ports calculated to excite buyers. Tho new# from Nebraska Saturday wns much more pessimistic than heretofore. Holmqiilst, of Omaha, who made nn estimate earlier lu the week that tho Nebraska crop would be about 70 per cent of last year’s, amended It to 50 per criU «-*•—-«— of Nebraska C.’lt tlmofe that the — - K — —^—-- - not be much over 50 per cent. The ship ping demand for oats Saturday exceeded the ■apply available. Standard old onta In store were 48c hid Saturday night, nnd sales were made during the session nt 50c f. o. b. car*. This Is the highest price reached on the 1906 crop. Home of tho billl speculators In oats were Inclined to believe that the Chicago, Aug. 6.—Wheat this morning sold *4 to %c lower at the start, owing to a weaker curb nt Minneapolis and some bear ish actions by a few commission houses. The loss was recovered very soon, however, on n burst of buying by many traders and renewed rtrength In coarse grains. There wore no Liverpool markets today, but Broomhall cabled thnt If It had been open It would undoubtedly have shown strength owing to unseasonable weather in the United Kingdom nnd the official Hungarian report estimating this year’s crap ut lr WEATHER REPORT. WEATHER CONDITIONS. CHICAGO GRAIN MARKET. Chicago grain and provision quotations for today ure ns follows, compared with yosterduy's close: Previous Open. High. Low. Close. Close. per cent Saturday. N. % A. Duff, nskn City, wns also out In nn es- hat the cron of the etate would lo follow the market nny further, fried- man dumped quite-n line overboard early nnd was followed by Vagner and others. The market advanced considerably after they bad sold out. TIPS FLASHED From Wall Street HAYWARD, ViCK & CLARK, COTTON, 8TOCK8, BONDS, COFFEE, GRAIN AND PROVISIONS. Carondelet and Gravi.r St.., N.w Orl.anfc I MEM pl r &E^xS’ rt ’ Ms;; Cotton nx.hntme, Totk-Coffre hjra""*-. 4 . Houitnu Cotton Bxc-bongo. Awodnt. Mnnliora Nrw York and Cblrapi t orrrapomlMit.. 4.8. BACHE & CO., AND BARTLETT, FRAZIER & CARRINGTON, . PRIVATE WIRES TO ALL POINTS. Special to The Georgian. (From Hayward, \lck A Clark.) New York. Aug. 5.-J. 8’. Bnche A Co. London market closet! today. The fine Imposed on Stnmlnrd OU Com pnny Saturday wns quite n surprise, as few expected the maximum penalty. Tho news ime too late to Influence prices. Town Topics: Bear* will doubtless at tempt to depress prices on the Landis de cision on the Standard Oil case. This mat ter will of course be threshed out In the upper courts, and It wlJI likely lie more than a year before tho final judicial word is spoken. We can see In It no reason for sellng stocks, nnd In the event of weakness this morning we would not hesitate to buy the standard Issue*. The trend of the les«f. lug rails that have been so conspicuous In the market is still upward, and we look for much higher prices to obtnlu daring-the next two or three weeks. The monetary situation abroad la clear ing and Improvement Is exported here. In deed It would not lie wonderful If the whole crop movement could be financed with out serious, stringency In money resulting, especially lr the government Is In a position to furnish such nK«l*tsnre as may lie found neceanry, nnd there Is every reason to be lieve thnt this will not be denied. PRIMARY MOVEMENT. shipments. 275.C year 1,407,000 bushels, bushels. Corn—Receipts today 653,000 bushels, ship ments 609,000 bushels. Receipts Inst year 443,000 bushels, shipments 475,000 bushels. * CHICAGO CAR LOT8. and estimated receipts for tomorrow art %» follows: * Today. Tomor. Wheat 290 Corn.. 2c 176 Oats 51 Hogs, head 17030 1! Cloudiness prevails this morning over the Ohio valley, tho major portion of the cotton belt and at scattered stations in the ex treme west. Rain has falleu In the Inst twenty-four hours throughout the nmi Mississippi valley, Florida and sottfic Georgia and Alabama. It wns raining at f a. m. today at Chicago and Marquette, Mich. The presstire Is above normal east from the Mississippi and Ohio rivers and he)ow ■are Is on the North Carolina const. An extensive area of low barometer covers the northern portion ot the United^ States as far east as the Grcnt Lakes, its in fluence belli felt over all the north cen tral states. A secondary law rtrea centers COTTON REGION BULLETIN. meridian time, Aug. 6, 11K Atlanta, cloudy . . . •Chattanooga, rain . . Columbus, cloudy . . . Gainesville, cloudy . , Greenville, clear . . . Griffin, cloudy .... •Macon, clear .... Moatlcello, clear . , , Newnan, cloudy . . . Rome, pt. cldy .... Spartanburg, cloudy . Tallapoosa, cloudy . . Toccoa, cloudy .... West Point, eloudy , - •Minimum temperatures aro for 12-bour period ending 8 n. m., this date. n\ f! n ... . referred.. 97 .loUu P. King Mfg. Co ... Keesler 135 King's Mouutnrk, pur 60 Lnunister Cotton Mills 115, Lancaster Cotton Mills, pfd... 98 Lnnett 110 Langley Mfg. Couipeuy ...... 96 Laurens Linden, N. C 250 Liberty Limestone 140 Lockhart, H. C 93 Lorny Milts, preferred 103 I/oulse Mills, N. C Louise Mills, N. C., preferred. ... Lowell ]95 Lumberton 200 Marlboro Cotton Mills 99 Manchester Mills Mills Mfg. Company no 51111s Mfg. Compnny pref 106 Modena Cotton Mills 129 Mollohon *. 103 Mollohon, preferred 107 Monaghan Monarch, 8. C 104 Monarch. H. t\, preferred Mooresvllle, N. C. 125 Newberry 120 Nokotnl* 136 Norris Mills olympln preferred 70 Orr 102 Odell Mills Pncolet Mfg. Company ........ Pucolct Mfg. Co. preferred.. I’ee Dee ... 169 172 New York, Aug. 5.—Money on call, 2 8-4; time loans higher, sixty days, 5<S< 1 -4; 90 days, 5 l-4@5 1-2; six months, 6 per cent. Posted rates:- Sterling exchange, $4,84@4.87 1-2, with actual business in banker*’ bills nt $4.8660@)4.8665 for de mand, and $4.83 1-2 for 60-day bills. Prime mercantile paper unchanged. London bar silver, no market. New York bar silver, 69 7-8c. Mexican dollars, 64 1-4. Tuning stocks. Boston, Mass.. Ang. 5.—Opening: Greene- Can a non 158; Copper Range 76V); Massachu setts Mining 44%; Butte coalition 28; North Butte 77; Calumet Arizona 160: Trinity 19%i Consolidated 117. Market weak. GEORGIA RAILWAY AND ELECTRIC COMPANY. 7/ .*, e P^ r i inbnr K received Into; not Included In district averages. n , . .HEAVY RAINFALLS. Bainbridre. Ga. 190 Jacksonville. Fla 196 CENTRAL STATION. NORTHWEST CARS. Following are number* of cars t today, last week uud last year: , Last Today. Week. Minneapolis. Duluth. 75 VISIBLE GRAIN SUPPLY. Following shows the weekly visible supply of grain: Wheat Increase T489,000 bushels. Corn decrease 412.000 bushels. Oats decrease 509,900 bushels. NAVAL STORES. Special to The Georgian. .Savannah, Ga.. Aug. 5.—'Turpentine firm t 56Vi; sales, 84; receipts, 911. Rosin firm; sales. 1.846; receipts, 4.006; window glass, t6.10U6.15:' water-white, $6.00; ■M, $5.90: N. $5.50: K. $4.90; I. I4.75C4.85; G. $4.75<&4.S5: If. $4.?5; F. $4.60ft4.70; E, $4.40g 4.607lJ,A4.15; C B A $4.0004.06. THE SUGAR MARKET. New York, Aug. 6.—Domestic refined sug ar market today was steady and un changed. The local raw sugar market wns steady. THE METAL MARKET. New York, Ang. 5.—In the absence of London market there was little business transacted at the New \ ork metal ex change, nud prices, with the exception of tin. which showed a smell Improvement, were unchanged. % ALONZO RICHARDSON & CO. Public Accountants, Auditors and Bank Examiners. Audits. Special Examinations, Costing and Systematizing, EMPIRE BUILDING, ATLANTA, GA. DISTRICT AVERAGES. Atlanta .... Augusta .... Charleston . . Galveston . . , Llttia It >?k . . Memphis . , , Mobile . . . ' . Montgomery . New Orleans . Oklahoma . . . Savannah . , , Vicksburg , . . Wilmington . ....... T indicates Inappreciable ralnfulL vsttrdsy. ••For 24 hours ending I a. a., g n w t 46th mtrldlan 'tlmaT’ Remarks. Temperature changes have Iteen Might and unimportant. The rainfall baa been light ana scattered. W. V. MARTIN, Observer Temporarily In Charge. WEATHER FORECAST. Washington, Aug.. 5.—Weather condition.! and geueral forecast; barometric depresalon of considerable ___ rometer la high on both the Atlantic and Pacific coast. In the last twenty-four hour* rain hn» fallen In Florida, New Eng land. the Ohio valley, the middle and up- ... In the middle Atlantic states, and on Tue*- dnv In the east gulf and South x Atlantic states. There will be showers tonight In the upper Ohio valley, followed by fair ami somewhat cooler weather Tuesday. In the poutti the temperature will change but little. Forecast until 8 p, m. Tuesday: ' North Carolina: Fair in eastern, showers In western portion tonight: Tuesday show ers: variable winds, becoming southerly and light to freah. Kouth Carolina: Fair tonight; Tuesday •bowers; light to fresh southeasterly wind*. Georgia and Kaatem Florida: Hbowera late tonight or on Tuesday; light to fresh southeasterly winds. Western Florida, Alabama and Mississip pi Bbowers late tonight or on Tuesday; 'resh south westerly winds. Kentucky: Him*era tonight, with wnrroer In eastern portion; Tuesday fair, warmer. Tennessee: Fair tonight, except shower* in extreme eastern portion. Tuesday fair. Louisiana: Fair tonight: Tuesday fair, fxeept showers In southeast portion; light to fresh southerly winds on the const. Texas, Oklahoma, Indian Territory nnd Arkansas; Fair tonight and Tuesday; light to fresh *onJh«rlT Winds on the Texas coast Pelham, Ga.. common m Piedmont Wngou Works ...... ... !! el1 AJ?;* preferred 100 I’oo W. F. Mfg. Co 127 Richland, 8. C., preferred Roanoke Mills Raleigh loo Richmond Hplnnlng Company. 90 Riverside Mfg, Company ..... * Rocky River us Sibley, Ga $ Hoclnl Circle ioa Kprtngsfetn Statesville Cotton Mills.... Rnllsbnry Trenton, N. C. Tryon, N. C..... Tucnpnn, 8, C Turn pan, 8. C\, preferred Tuscsroni Toxawav Union-Buffalo, 1st pref Union-Buffalo, 2d pref Unity, Ga Vance Victor Mills, 8. C Walhalla, 8. C Warren Mfg. Co Warren Mfg. Co., pref Washington Mills, — 1!f U:i lil 106 Washington MIJ! Watts Ware Shoals Wlscassett • Whitney ..., Woodrnff .... Wood side ... Wllllamston pref.., CENTRAL OF GEORGIA. Following wore the naked prices on Cen tral of Georgia today: First income 86, sec ond Income 68, third luconio 54. THE COFFEE MARKET. New York, Aug. 5.—Following are coffca cables:. Havre, 10 a. m.—Market steady; 12 noon, unchanged; sales. 6,000. Hamburg. 10 a. in.—Market unchanged: sales. 31.000. Opening. Range. March April May .. June July August September .. .. October .. .. Novemlier .. .. December Closed steady. 5.98-6.10 6.06-6.10 6.05 6.10-6.15 6.06-6.15 6.20 *!i.« 5.96-6.00 5.96-6.10 6.00 _ Kales 43,500 bags. 6.00-G.05 6.06-6.10 *.!'> 6.16-6.20 6.15-6,20 5JOA/90 5.95- 6.00 5.95- 6.09 5.65-6.00 5.96- 6.00 5.96-6.00 4% UNION 4% SAVINGS BANK Gould nulldlng CAPITAL STOCK . . . SI00.000.00 ' ’ , RESOURCES j . 0 , 4% S26r,,00 0.00 IO BANK STOCKS. Central Hank & Trust Union Savings, Lowry National. Prices on ap plication. HILLYER INVESTMENT 00., Bond Dap't. Engllsh-American Bldg. New York. ' Boston. Chicago. Washington. Phllad.lphl* Baltimore. Atlanta. New Orleans.. 8an Francisco. London. Ths Americah Audit Compahy, 100 Broadway, New York City. F. W. LAFRENTZ, C. P. A, Pres. 0. E. MANWARING, Vice Pree. THEO COCHEU, JR. Secretary. Tho American Audit Company, chartered under the laws of Now York, la empowered to examine the affairs of. And make report, upon the llnaa- dal condition of private and public concerns for directors, officers and In dividuals. The preparation and Installing ot systems a specialty. ATLANTA BRA.fCH. J01G.101M017-1018 FOURTH NATL BANK BLDQ. C. B. BIDWELL, Resident Manager. Telephone, Main 872. Cable Address, Amdlt, New York. L. H. Fairchild. Established 1885. S. J. White. L. H. FAIRCHILD & COMPANY, NEW ORLEANS. Members: Sexr Orleans Cotton Exchange. New York Coffee Exchange. New York Cotton Exchange New Orleans Board ot Trade. Sew Orleans block Exchange. Chicago Bnnrd of Trade. LIVERPOOL COTTON ASSOCIATION. Private Wires to NEW YORK and CHICAGO. Orders solicited for future deUV ay oa above Exchanae* U. C. COTHRAN. PRANK HAWKINS, President. H. 51. ATKINSON. Vice-President. THOMAS C. ERWIN. Cashier. JOSEPH A. M’CORD, Vice-President U. W. BYERS, Assistant Cashier. Third National Bank Capital - - - - $200,000.00 Surplus and Profits $400,000.00 DR; A. W. CAUIOUN. MILTON DA ROAN, JOHN’ W. GRANT. II. Y. M’CORD. FRANK HAWKINS, H. M. ATKINSON. JOSEPH A. M’CORD. J. U. NUNNALLT. J. CARROLL PAYNE, K. B. ROSSER, DAVID WOODWARD.