Below is the OCR text representation for this newspapers page.

WEEKLY REPORT IS M BULLISH Rain Badly Needed In Okla homa, Texas and Indian Territory. HEAT WAS EXCESSIVE All Sections of the Belt Coin plain—Tendency of Cot ton Downward. Sew York. An*, la-tfrodo nt the opon lnir of the local cotton market this worn Idi: was quiet and prices wer easier 4 to s points lower. Inihtr absence of normal telegraph facllltlef In the South, sup ‘ Ihl' orders from outside sources were Inn. and after the start the whole lint de clined further with long stufT on tap mid the pit Inclined to tnko the short side. The wire situation on the exchange was nl- niokt normal, the Western Union and Postal companies having s total of *2 men at work, suoiigh to take care of the usual business. poulng by n poor set of cables from vrpool, where there are apparently un v frightened'over reported unsettled coil dltlons In Anutrlca. Tue close lu Liverpool -ns quiet'and steady 4%U>7% — * msiderably below a parity. The decline continued later on account of the lack of advices and orders from the South, ns a result of tho Telegraphers* ^'information' nt hand, Including a bullish reoklv government report, favored letter riven. hut In the absence of speculation .here were decllues of 11@13 points estab Ifrhed (t art nr the morning session. Following Is n summary of the govern lout report: The mean temperature for the week was jiove normal In all parts of the cotton region. The greutest excess was 6 degrees Tex; A.-kansas, Oklahoma and northwestern <*. Haiti fell during the week In the Georgia, Florida, Alnbntnn, Mis- portlon. There wus more than 2 Inches of infnll near the east gulf coast and 4 to Inches are reported from from imu-h of the northern portion of the tton region hare not been received, ov*'— the Telegraphers* strike. Trading during the afternoon waa dull, though the undertone was firmer. At the close the new crop months were unchanged to 2 points, while the old crops were 5 to 8 points lower. SPOT COTTON MARKET. Liverpool, easier; middling 7.80. ;ti», stead' ***■“ York, qul Atlanta, steady; middling 13rt let: middling 13.80. .*« « Orleans, quiet; middling 13%. Augusta,- quiet; middling 13%. Huviinimh, firm; middling *2%. Memphis, firm; middling 13*4. Galveston, linn; inlddllug 13%. Charleston, nominal: middling 13%. Wilmington, nominal; middling 13%. Norfolk, steady; middling 13%. St. I.ouls, quiet; middling 13%. Baltimore, nominal; middling 12%. mi, quiet; middling 13.30. idelphla, quiet; middling 13.65. Mobile, quiet; middling 12%. Houston, quiet; inlddllug 13%. Cincinnati, nominal. THE ATLANTA GEORGIAN AND NEWS. \ TUESDAY, AUGUST 13, 1M7. NEWS AND GOSSIP of tho Fleeoy Staple. Spednl to The Georgian. (from lUjrtmrd, Vick * Clnrk.) lork, Auf. 13.—J. a. Bachc A Co.: tl«0 SW1 lower on " nd . 2%<fC lower ort bew crons. Opened quiet nt 4 points decline. At 12:15 p. ui., en * r, .. n ^ t lower on uear and 94(10 lower on distant. Small Inquiry for stmts. 13 points lower; middling 7.30; sales 5,000; American 4,200; smVulatlon and export 800; '^ui 1 bales, including 5,000 Auier!- .ffhq Liverpool market pretends to be frightened nt the financial situation and semis lower quotations all around, with a decline lu spots of 13 points. The weath- er map shows showers In North Carolina, lJorbbi and Arkansas. Klsewhere Iti the belt clear nrnl with ldgh temperatures, and'- clear lu Texas. We look for a sagging market With a tendency to follow stock fluctuations, ami until the security situation Is clear we do not look for much buying lu cotton market. New Orleans. Aug. 13.—Hayward. Vick « Clark: >\hnt Is given of the weather map shows cloudy In north Texns and territories; some light showers at Taylor and Halves- ton; generally fair In Mississippi, Alabama and partly cloudy in Atlantic*. with some —nttered showers Map shows generally cloudy weather ... north and central Texas ami Territories. Generally fair In the rest of tho licit. Reports of showers are coming In from *neo. Austin ami other Texns places. Mar ket steadier, while furthor depression prob. able, us long ns the strike lasts. Would rather buy «or wait for an opportunity to buy cotton. Will go higher ultimately. Q0VERNMENT~WEEKLY~ REPORT ON WEATHER. Texas—Tho week was very dry. A fow very light scattered showers occurred on the 6th. .The temperature and sunshine above normal. Conditions are very unfavorable and rain Is badly needed, Tennessee—The mean temperature was decidedly above normal. The rainfall was only distributed and generally belou normal. IcHln Is much needed In some west ern counties. The sunshine was somewhat deficient In some eastern comities, but was shine and nearly normal humidity scattered showers cm several days. The rainfall was excessive In a few places in the northeastern portion and generally deficient In the western division. The menu temperature nnd sunshine were nearly nor ml. The precipitation was below normal. Oklahoma mid Indian Territory—This has been another week' of. dry, unfavorahl of consequence, and drought prevails In practically all districts. Arkansas—The weather was abnormally •t. very dry and -generally unfavorable. There was some rain In a few eastern •onntles, but the rainfall was generally do- lelent. No rain fell In west counties. The sunshine was above normal. A good rain Is needed. Florida ailed during the week. The warmest weather occurred from the 6th to the 9th, hut the maximum temperature was general ly less than 95 degrees. There was much cloudiueas. aud thunder showers occurred almost dally. The weekly rnlnfnll was ex cesslve In numerous localities. Alabama—'Thy menu temperature was Edited by Joseph B. Lively Mr. Lively’s twenty-fir* years’ experience of ed iting markets In Atlanta and the Couth has made him a recognised au thority In his specialty. RANGE ..OF NEW YORK STOCKS AND COTTON MARKETS NdMR OF STOCK. rly normal, though the afternoon rend lugs were high during the forepart of the week. The precipitation was above normal In southern districts nnd the middle Ten nessee valley, nnd generally below normal elsewhere. The sunshine was deficient In southern counties, but abundant In other districts. » Louisiana—Hot, sultry weather prevailed, the temperature being considerably above southeastern portion, but there wns none In the northwestern portion. The sun shine wns nearly normal, except that It wns deficient In the southeastern portion. Mississippi—The weather wns generally elenr, dry nnd hot. except In the southern and eaatern portions, where copious Show- era fell on the closing dnys. The mean temperature nnd sunshine were considerably above normal. Ibiln is muyh needed In many northern caimtles. Georgia—The temperatures were seasons- ble during the first half of the week and above .normal during the second half, the mean temperature for the week being 1^5 ’degrees above normal. There waa consider able cloudiness with frequent showers and HAYWARD. VICK & CLARK’S DAILY COTTON LETTER. New York, Aug. 13.—Foreign markets de veloped weakness. Nothing else could be logically expected In these dnys when the cstiihllglituent of prices is left so largely to consumers' Interests. Liverpool futures pro about 5 lower thnu due nnd spot lees showed a decline of 13 points. Ix>n* nuuu.ur.ii mui confidence ns the result of disturbed deficient sunshine In the north, minunlnitlon wns characteristic of the talk on 1 the floor this morning.. I/ong 11 •luidatiou predominated nnd caused a fur ther decline of 12%c for October. It wu* i narrow, professional market. News of a t. toiler stoek market with some advance In toon pnper* caused some improvement lu •oiton through scalpers covering. The Na tional Gluuers* Association makes the con- lltlon 72.1, against 75.7 on July 26. What lata there Is on the map Indicates cloudy f the bell. Home light, scattered rere reported'from 11 ‘ ‘ • ston. Taylor and Wi . Ions In the south central and eastern states continue to be moat favorable. The first hale of tho Louisiana- crop wns re- 1 h.-io today from Loreauvllle. near Iherln. It Is nlwut strict middling; splendid staple: 1 3-16®% Inch; strong: show- lag no effect or drought. While further de- iresslon Is not Improbable ns long ns this trike and financial disturbance lasts, cotton ms nevertheless strong rights of Its own, Neither have prospects of consumption nl nil - w — •nilsh Mlppll »• policy Is suggested to wait for an op- - buy rath “ * ‘ “ vailing pessimism. DEMANd’Ts’aCTIVE FOR STAPLE MERCHANDISE. York Commercial: In all quarters of the market It Is stated flint buyers are showing more Interest In staple lines of merchandise. As a matter of fact, most s who are In this market have had 1 experience within the past few days convince them goods ore not plenti ful for fall nnd that prices ennnot he forced Sheetings, drills, brown shlrtlugs, goods, are all In active demand fo and nearby delivery. Mills are no\. ileellnlug to noept forward contracts much beyond next April, as they cannot deter- what cotton will cost, them. On ied good* buyers nre running to cov- agents place lines nt value or declare flat advances. Kvery detnll that could help - ako the fall jobbing season n success from Mat of stocks, has been carefully looked ter. The local houses haye begun selling full goods In nn active manner and are “'"•Mug with better success on dress goods’ bwn in any recent season. Soft «f>ots in the cotton yarn market an* not domornl* ,l »'K Prices for the reason that spinners are sold ahead on most counts nnd the low- et . 1,'rice*. affect only moderate slxed lots knitting and upholstery yarn*. Nc change has taken place In the silk throw •firs strike, and It Is believed the mills will m»t at tempt accepting further contracts un 111 their operatives return to work on i reasonable scale of hours nnd wage. Fan cotton goods are moving smoothly for Jb* 1 spring of 1908 nnd all agents dfclare llv.-rv time approaches, that are available f°r into order. Print Cloths Steady. .-'t no time within the past six weeks „ buyers been more urgent In their re- QuchN for narrow odds for Hcptember nnd vGofier delivery. There are few agents , !' have any goods to offer nud nil quo- »?-, ." ,1H ore held at the top market level. Win MfiWlarqs are sold into March nnd of next year and It la atated by •aroa goods brokers and selling agents. r n, ‘ not g?t wUja to take contracts D.n.l these dates as the mills nre not rsrtnln whore cotton Will stand. Convert- 17’' a fe after high count cloths nnd are wll- * to pay a, premium to get goods during co “wg three to four months. ATLANTA MARKETS. FRUIT AND PRODUCE. EGGS-Actlve. 31c. LIVE I’OCLTRY—Beni, active. SKPV; chicken, (frl -*>, 12St@J7Jic. Dock«, Pekin, tOc each: pwlillc, 23c each. Turkey,, ictlr,, 12 llR^SflllD Un rbm.TRT-Tnrk,yi, drawn, actlvi, 18 cent, pound; frlci, »ctlre, 20c pound; h#ns,I6c per pound; ilucki, drawn, ’pffeDUcKurd. 12c pound! bam, a* tlr, lie pound: ahouldar, act It, lOflllr pound; ,ldei active, lie pound; butter dull; roaitfe- ponnd; beeewei actlv,. 25c honey, brlsht, actire, llte poi*d: h 1-pound Mock, active, 12Mc pound, rUVITH—l«emono, fancy Messenn, js.w; linnnuan. 3Hc lb.; pineapple*, Florida atock, none; lime*, Florida atock. per hundred. II; peanut. In aacko' averarln, 100 ponnd, vwln* to grade, per pound, CVHiSo; npea. alow ulc, 25c crate; wat,-m> ona, 12V4®20c each; Georgia pcachca, 51242 2.50 crate: rhntmrh. 76c »nch. VEGETABLES—Pot#to*,, new, 13.75 har ret; per hnahel, 11.40. Onion,. Georgia, 51.60 per liuehcl: Hpanlah, tl.60 crate; kruut, half barrel, 53.75; cabbage. 2Vkc pound. QROCERIES. RIOE—Jap 6fJ6Hc; head Hhei fancy head tuft*, according to the grad,. CHF.ESB—Fancy full crcnm, 17 ccnfa; Georda can, ayrnp 57 cent, gallon; salt, 100-round. 50c; ail, grraco 51.75; ooda crack era, tVkc pound; lemon, lc; oyalcr. 7c; bar- ret candy, per pound, 5He: mixed, par ponnd. Otic: tomat<wa. -.pound. 52.00 ea„; ■•pound, 5i»: navy beana. 52.40: Lima bran, 5c; he,t match,,, per grora. 51.55; macaroni. 544£7c pound; aardlnea. muatard, 51.25 eaa*. RITOAIt—Rtandnrd grannloted. IK; Naw To ^^hh ! SU ,, iMra < a.s hulk I, haa, and harrela 12c; green 11015c. Shredded hlacnlt IS cat,; No. I rolled nate 0.26 eaaa: aaek grtta.fO.ponnd.haga. 51.55! ‘rater,, full weight 52 eaee: light wel*bt 11.10 ca,e; pepper, 15c lh.; baking powder 53 caw; red anlmnn, IIi cara; pink ufmon, 54.23 cane; cocoa. 4"c: chocolate, 13; anutr. Mh. lara. 41c: rooat beef. 52.50 caee: earned beef. ®M caee; cataup. 51*0 caoe; alntp. New Or- etne. 35c gallon; corn. «0c gallon; Cnha potaah. H25O150 caae; pcan.di. tc; rota fply cotton. 15c; aoap. 5L80Q4 raac PROVISIONS. PROVISIONS—hhipreme homa Itltc. helllea ■Wi25 pound, average. 5.9214; fat hack,, S.2S: Supreme lard. 10. Iterlty compound, 5H: California bama. 10c; dry anlt extra riba ’*• FLOUR AND GRAIN. FLOUR—Hlghcat patent. R.90; lieal pat- ent *5.25: atandard patent 54.75; half pat. cuff S4.ee: aprlng wheat patent. 5AM. CORN—No } white. 7fc; choice white, for- No. 2 yellow 79c; mixed, 7Sc; cracked corn per traakel. 74c. CHICKEN FEEH—Fifty-pound oncka 51.00, [*nnln chick feed 42; T’lctnr fee.1 51.40. OATS—No. 2 white. 05c; No. 2 mixed (Be; Golden not, 52c: white clipped 57c; fancy white cllpiwd (Be. MEAL—plain, per 95-ponnd oncka, 78c; 4R- pmmil ancka, 68c; plain. 24-pound aacka. 82c; *1h?a’Y— 1 Thnethv. choice Inrga halt,. 51.40; do choice amnll bnlca, 51.20; No. |, one- third Ieilea. 51.50: No. 2. one-thjrd linlea. |] IS- Chelee rirntrlc. 4100; Rermudo. 51.10. SHORTS—Choice white, 516.>; fancy 11.65; brnwu (80 to 100 ponndat. 51.45; bran, >1.38. COTTON SEED SlEAlj-Prlme per Ion. MW. No. 2 per ton, 524.00; bulla per 51160. a tun I. c opper Am. Ice Securities. . .. Am. Sugar Hennery. . American Smelting. . Aui. Locoiutive. , .. do. preferred. ... Am. Car Foundry. . . American Cotton Oil.. Anaconda.> ...... Atchison A do. preferred. . . . Atlantic C. Line. . . . Brooklyn Rapid T. . . Iloltlmore X Ohio. . . CheeriPeake & Ohio . Canadian l’ncKlc. . .. Chicago A Alton. . .. Couautldated Ona. . .. Central Leather. . . . do preferred. , , . Colorado Fuel & Iron. Corn Produce. . . .. Colorado Southern. . . Itelaware A Hrulaon. . I’cnver A Wo Graudo. Htetlllera’ Securltlea.. Eric „ do. preferred. . .. General Electric. . . . Great Weatcrn Great Northern pfd. , Illlnola Central. ...... Interboro do. preferred. . , , Kansas fk Texes. . . . 82* v Sft 33 05 NAME OF 8TOC&. kansas X Texas pr<|. . Igoutavllltf & Nashville. Missouri Pacific. . , . Mexican Central. . , , New York Ccutral. , . Northwestern National Lend Norfolk A Western. ,. Northern Pacific. . . . Ontario & Western. ,. Pennsylvania Pacific Mull. People’s tins Co, , , , Pressed HtccUCnr. . . Heading. . . Hock Inland do. preferred. . , , Ilepublic Iron A Steel, do. preferred. . . . do. preferred. . 8t. Paul Tenn. Coal A- Iron. Texas Pacific. . . . , Union Pacific. . . . , V. H. ltubber. . , . , do. preferred. . , U. S'. Steel do. preferred. . . Western Union. , . , Wabash do. preferred. . , Wisconsin Central. , do. preferred. . . 3 3 3 m TIPS FLASHED From Wall Street Town Topics: Sentiment In the street continues bearish, ami tho poor response of the public buying to the presnt Invest ment opportunities Js disappointing. Until - - pw j |,y ^ banking In- think nothing la In the NEW YORK. The following la tlie rang* in cotton fo- terra In Naw fork today: LIVERPOOL. Following Is the opening range, 2 p. m. and close, compared with yesterday’s close. Futures opened easier. Opening Preview ltange. 2p.in. Close. Close August 6.95 -6.92 6.93 6.94% 6.99 AugoSept... 6.83%-6.79% 6.80% 6.S^% 6.87 Sept.-Oct.... 6.71 -6.67 6.66 6.67% 6.75 Oct.-Nor.... 6.66 -6.61 6.61 6.68 6.70 Nov.-Dec.... 6.68%-6.57% “* Pec.-Jan.... 6.62%-6.57% Jan.-Feb.... 6.61 ^.55% Feb.-Mar.... 6.6J 6.62 6.58% March-Aprll. 6.68%-6.«l 6.61 6.59% 6.66 April.May Closed quiet and steady. 6,64 6.60% 6.67 NOTES ON GRAIN, l'oiuterr on Provision*. bottom on wheat for the present. Wheat Is on nn expert basis, nnd more could have beeu worked yesterday If telegraphic communication had been better. A slight rain Is reported at Concordia, Knus., but Insufficient to relleva the drought went of the Missouri, incapolls, takes n »p situation In the We are due for a reaction In prices. We are liable to have quite fair receipts of oats during the next thirty days, but wo believe they will all be wanted. Provisions are lifeless and tho packers control the situation. , The Chicago Kecord-Hernld: President James S. Hell, of the Wnshburn-Croshy Ing Company, of / hopeful view of the Northwest. "The present prospect is uiuva better than we at tint fhongbt," be sold Monday, "nnd I now believe wo hove a pretty good prospect for a fair crop. Nev ertheless, we nre In for three weeks of anxious time first. We millers nre hop- for a good crop ami fairly free mar- ngs of the uew wheat. This will give us lower prices. Just now our pries Is al together too high for export, ss everybody knows. We can not run full without an ex- rt trade. Just now Philadelphia nnd the ist in general can get much lower wheat sn we can huy. and they can fill up any export demand." ^he wheat situation Is rapidly develop. Into a flunncli ' “ * --- -- Irely so sppi __ speculator. The trade balance Is working igalnst America and the big snpply of vhewt, old and new, that Is pilin ' the American speculator continue* Its burdensome qualify bv steadily Increas ing Its carrying charge. At the preseht low er prices of rash wheat as compared with future delivery there I* almost a pawn broker's rate of Interest for carrying. The bull position Is that the shortage In the worhfs supply will ultimately force the Im porting countries to pay these charges and a good profit on the wheat liesldes. Tho bear position Is that the consumer can tire out the Investor, as he can wait until the current large stock In English ware houses, the new crop European wheat, the heavy current shipments from India and ex pected from Russia are greatly reduced. H. C. Lowe bad the following by private wire from Mlnnenpolle: "Teraperaturet In Sonth Dakota very high, 198 to 104. Some of owr people claim that wheat haa already been damaged by hot weather." A Glen- burn. Sonth Dakota, message of August 9, to W. I*. Anderson, reads: "Extreme heat yesterday and today ripening gralu prema turely Another day or two frill cut pros- 1 barker* 1 A^McIntyro had the following from a Dea Moines grain man: "Just as soon as the farmers decide their corn WHEAT AT OPENING NEAR AGENT HIGHER Offerings Were Light and the Shorts Covered Rather Freely. ST. LOUIA CASH QUOTATIONS. Wheat—No. Corn—No. 2 Oats—No. 2 , NEW ORLEANS. The following !• the range to cotton fo turca In Now Orleans today: August Sept. . Oct. . Nov. . . Doe. . . Jan. . . Feb. . . lilt Cloaed steady. i 14 i lag i U £6- 12.41 12.39-40 12.48-49 12.50 12.85 12.76 12.41 45 WEATHER REPORT. WEATHER CONDITIONS. Chicago, Ang. 18.—Wheat opened firm nnd higher this morning. Influenced by. better cables, stronger Minneapolis curb and good export sales. Trices were up al»out %c over - rfiigi being light, ■* iufl yesterday's close and, offei..„ shorts covered rather freely. Trade wan largely local, but active as compared with the past two days. The weekly forelgu crop summary was more favorable. Corn was firm and a fraction higher with scattered buying by commission houses. Outside trade was, of course, dead. Oats as well as corn opened strong and higher on what few reports were received ou conditions. Provisions,/ns usual of late, were dull. Whent had gains of 11-8; corn was off l-4c; oats wer up l-4®l-2c, and provisions were fractionally better. Shorts In wheat and oats bought late, but corn was not given the support needed. Scalping shorts led In the de mand for wheat and prices ruled strong with the trade somewhat better on any day during the strike, with the private wire houses getting most of It. CHICAGO GRAIN MARKET. Following aro the Chicago grain and pro visions quotations for today, compared with yesterday's close: v Previous Open. High. Low. Close. Close WHEAT- Sept.... 84 fc 23 CORN— The high pressure area In the Northwest tins moved eastward,' Increasing In energy, ami Is now centered over Eastern Montana nnd the Dakotas. An area of low pressure Is central on the New England const. Over the South the pressure Is nlamt normal at most stations. Clear weather prevails over the entire country except at a few widely scattered stations. Showers have occurred at Gnlveston, New Orleans, In portions of Teunessee, Georgia, the Carolina* nnd Florida. As a rule the temperature has changed but little, but the general tendency nna been to warmer nt most stations from which reports nre received. The conditions favor generally fair wenth- er In this section tonight and Wednesday. COTTON REGION BULLETIN. STATIONS ATLANTA U!$TB!LT. Max.* Atlanta, clear Greenville, clear xGrlffln, cloudy •Macon, clear.. Home, clear xSpartnnburg, cloudy. Toccon, clear •ITinlmmh temperatures .uViwvrTi'o(Ti'r;,t’i;y"firrh.'Aing terests therefore we think nothing Is In war of lower prices. We nre Inclined to believe, however, that tilts support will be met with today In case there Is any further attempt to depress values, and It would not 1m» surprising should panicky short covering follow that event. Wash ington Is trying to make It plain that nel- tner civil nor criminal prosecutions will be Hindi* in the case of trusts unless there Is every reason to believe that It can l»o proven that the laws hare been broken. Why this should put stocks lu such a fer ment Is beyond conceptual. In fact* In our opinion, present market levels are the re sult almost entirely of professional oper ations and professional sentiment Is sub ject* to quick changes. The better class of stocks generally should be bought on bear drives today for turns, ns we believe the temporary bottom level has about been reached In most cases. Union Pacific looks to be the cheapest stock In the list, while Anaconda. Atchison, Loulsvlle, Atlantic Const Line, Uendlng, St. Paul nnd the Hill stocks aro very at tractive. # Heavy stpt> loss orders ns well ns n fair ■slons are n few Southern Pacific Steel common Is getting good support around 80. The liquidation will mean cheaper money after a while. ls C probnlSe W * ** ® * bttr P ralljr The grains should only he bought for riima .... breaks. ii* “,V r '<*■ orders ns well liii l? M ?ntUy of buying commissions "iv l ,0 L nt " below Inst night’s Southe ifiz Amalgamated levels. Steel « STANDARD OIL CUT IN HALF: RAILWAY EARNINGS INCREASE At 420 for Standard OIL quoted Monday, the stock shows s decline of 422 points I 1 * 01 ! 1 1,1 19 °b when It quoted 842. Railroad earnings continue to show great gains. Forty-seven railroads which have reported for the month of July show nn uf 10 'iV 1> ? r ,n Kross earnings. Hfty elght railroads have reported for the month of June and they show 15.54 per cent gain In gross earn lugs and 13.17 per cent Increase in net earnings. \ MONEY AND EXCHANGE. Montgomery, Ala., Aug. 13.—Money on call 2 1-4<TM 1-4; time loans firmer; 60 days C per cent; 90 days, and six months, 6 per cent. Posted rates: Sterling exchange, 14.83 l-2#4.87 1-2, with actual business In bankers’ bllsl at $4.8650^4.8655 for demand, and at $4.8235^4.8245 for 60- day bills. Prime mercantile paper, 61-2ft>7 per cent. London—Bar silver, 313-8d. New York, bar silver 67 7-8. Mexican dollars, 64 3-4. THE LONDON 8TOCK MARKET. Anaconda Atchison Canadian Pacific Eric do, preferred Illinois Central Louisville nnd Nashville . New York Central Pennsylvania Philadelphia nnd Heading , Southern Pacific t. Panl union Pacific United States Steel do, preferred .. ., . sit PRICES OP STOCKS T BETTER Opening Was Irregular, a Majority of Issues Show ing Gains. TRADE LESS. ACTIVE At Midday Market Was Ir regular But in the Main Higher. New. York, ■■ at home the security markets today display- • e«l n- decidedly better toue. Prices wer* higher nt Lmdon and at the continental centers. British consols showing for the ra..* *.— ... _ n reniiy abarp ...... .... ...iprov^rant abroad the indiscriminate selling here wns checked and upward rates on sterling halted. The American list Ir. the early dealings made gains extending In some cases to as much ss a point. The first quotations here ad justed themselves to this higher level. There wns some selling pressure daring they first half hour, bat It was tlfi* testimony of close observers of the trading that s stronger class of buyers had appeared since yesterday nnd that the genuine pur chasing t>ower of the market, as dlstln- unshed from compulsory support, had dls- Inetly lnir * **’*“' **- **— Horning tli lied from for 12-bour 84% 89% 16% „ about September. I think that f ou will have an average crop as well ns ows and Missouri. The present high price of corn will curtail the amount of corn fed to cattle very largely. One of our best feeder* In the state told me a few days ago that cattle men could not afford t< feed corn st present prices." Receivers' advices from Illinois mall nre that country dealers nre turning down many of the oats offered by farmers, as they are too wet. In current temperatures damp oats best quickly sud burn. **“*■ liotf advices claim few oats are being offered hrssh and haul, to Bennett said: . igfleld on trolley; did not see s field of oats that had been touch- ~ Shocks look wet and soggy, badly stain- .. Don’t think can thrash myr tor full week. Corn looks good, but fields fury wet. Some drowned ont. In response to s ealde offer of No. 2 red winter Wheat from Chicago to Liverpool made on the basis of Friday night's clos ing prices here, the answer came that the two markets were In line for export busi ness, bnt that no hid could t>e made until a sample of the wheat had lieen submitted, the trade abroad not knowing as yet the quality of the new wheat here; The receiver here of the Liverpool cable took It that English buyers were indifferent. CONDITION OF COTTON DETERIORATES 3.6 PER CENT. Its crop condition nt noon todny. It puts Its condition at 72. L . This compares with a condition of 75.7 per cent s mouth ngo sud Is regarded very bullish In character. APPREHENSION MONDAY COST COTTON MARKET DEARLY. New Orleans, /Aug. 1$.—The Times-Demo crat: "Apprehension, the outgrowth of far- reaching uncertainty, cost the cotton innrket dearly yesterday, buyers for the most part standing aside, while sellers evidence a very SSRr 8? HU SB 1$ 5 5 !g May.... 53% 53% 52% 52% 53% OATS- fc $ SS «!4 8*mt.. .... LARD— SS?::- SIDES— Sept... 8.70 Oct... 8.77% 8.67% Atlanta , DISTRICT AVERAGES. Mss.* Min.** Augusta Charleston.. Mobile.. .. Montgomery Hn van nab .. Wilmington. WP T. Indicates Inappreciable raliifalL yesterday. •• For 24 hours ending r in., 76th meridian tlme.^H Temperature. =r 4 II! LIVERPOOL GRAIN MARKET. . m. %@1 off. Closed Corn opened unchanged nnd at 1:30 p. m. steady % off. Closed %#% higher. CHICAGO CAR LOTS, Wheat .. . Corn Oats Hogs, head VI8IBLE 8UPPLY OF GRAIN. Following shows the weekly visible sup ply of grain: Wheat Increase 168.000 bushels. Corn decrease 1.818.000 bushels. Oats decreaso 958,000 bushels. COTTON SEED OIL MARKET. Following la given the opening and closing of the Now York cotton se«d Ml market: Opoatug. Closing. August ” September .. „ .. Octolier .. .. .. November .. THE METAL MARKET. •'For ending at 8 a. tn merlinsn time. J. B. M Alt Ill'll Y, Section Director. WEATHER FORECA8T. Washington, Aug. 18.—Weather conditions •nd general forecast: The weather has'been mostly fair during the lost 24 hours. Scattered showers oc curred fn Florida, the Carolina*. Northern Georgia, the Ohio valley and on the middle gulf const. A light shower fell nt Galves ton. the first ralu In Texas for some time,, and tble morning ther Is considerable cloud iness over the state. The temperatures continue above the sea sonal overage In Eastern districts, ttie up per Mississippi valley, lake region nnd the Northwest. Fair weather Is probable tonight and Wed nesday lu the Washington forecast district except that showers are Indicated In tha East srulf nnd South Atlantic states. It will he cooler tonight In Atlantic const districts north of the Cnrollnas. Forecast till 8 n. m. Wednesday. Virginia—Fair tonight and Wednesday; cooler tonight and In southeast portion Wednesday; light to fresh westerly winds. North Cnrollnn-Fslr tonight and Wednes day; light to fresh westerly winds. South Carolina and Eastern Florida— Partly cloudy with showers late tonight or on Mednesday; light variable winds. Georgia, Western Florida and Alnlmmn— Showers tonight or Wednesday; light vari able winds. Mississippi—Fair tonight and Wednemlsy; light variable winds becoming Westerly. TO SnjUUKES Corporation Commission Go ing Over Evidence In Case. Raleigh, N. C„ Ang. IS.-Trafflc Manager Devant, of the Norfolk and Western, has returned to Norfolk and todny the corpo ration commissioners are Informally going through tho mass of evidence nnd papers 61*1 1»> the case against the Norfolk nnd Western, the answer to which waa filed by Devant nt 3:30 last erenlng. It will Ih» some time lieforn a decision Is reached or sn ordyr made In this esse. It Is probable thut no order will be made until after Governor Glenn ami the com mission have* that delayed conference with the traffic managers of other roads—which lay be held Shout August 20. Then It will be determined what form the prosecution will take unless a compromise or agreement Is reached. however, thnt this higher level would be sustained In view of the fact that n great many stocks had lw*eii taken more or less reluctantly for the purimse of sustaining prices. As theae stocks came out on the market a general - recession not in which wus still In progress at midday. Cloning bids tor the active list of stocks follow: Closing Bids. Atchison 89 do preferred 93 Baltimore nnd Ohio 1(5 ’hlcago nnd Alton preferred ..153 Colorado Southern 23 1-4 Denver and Rio Grande 25 1-2 do preferred 65 1-8 Erie 21 Jersey Central 139 3-5 Louisville and Nashville 105 Manhattan 125 Mexican Central Missouri Pacific New York Central Pennsylvania Reudlng Rock Island do preferred St. Paul Southern Pacific Southern Railway Union Paelflc Wabash Wisconsin Central Interboro-Metropolltan. ... do. pref. rent Northern Amalgamated Copper Amer. Car and Foundry.. American Locomotive American Tobacco American Cotton Oil . ... American Smelting ... ... do. pref. | Brooklyn Rapid Transit ... Colorado Fuel and Iron ... National Biscuit National Lead Pacific Mall People's Oas Pressed Steel Car Sloss-ShefTteld Steel Sugar Refining United States Steel do. pref. Western Union Mackey Company Vlrglnla-Carollna Chemical 18 ... 68 ...104 3-4 ...117 5-8 ... 91 3-4 ... 18 1-2 ... 40 3-8 ...122 ... 83 3-4 ... 17 ...128 3-8 ... 11 1-8 ... 14 3-4 ... 29 7-8 ... 46 1-2 - ...121 3-4 ... 74 5-8 ... 38 3-4 ... 32 ... 99 1-8 ... 97 ... 48 1-2 '... 25 ... 70 3-8 ... 47 7-8 ... 23 1-2 ... 85 3-4 ... 27 1-4 ... 48 ...113 ... 32 1-4 ... 95 1-2 ... 75 1-4 63 5-8 LOCAL 8TOCK8 AND BONDS GOLD EXHIBIT AT STATE FAIR One of the most Interesting exhibits nt the coming state fair, and one that will show the vast mineral reaotave* of Cbero* kee county. Is that which will be made through the efforts of Captain J. O, son, of Canton. Captain Kobertsor town Tuesday holdiug s cousultstl Hccretnry Frank Weldon, of the state fair, and made arrnngenmnts for nn excellent which the handsome souvenir plate pro* sented to President Roosevelt was made. There will also be an extensive marble ex hibit. (Revised by HJJIyer Investment^ Coro^sny.) Atlanta A West Point R. R. 160% - 1CT% Atlanta, Birmingham nnd A.. 19 23% do, preferred. Augusta Factory Central Bank nnd Trust Corp. 180 Exposition Cotton 31111s .... 220 Fourth Natlonnl Bank.... 210 Gn. It. R. nnd Bunking Co.... 240 (is. By. sud Electric 80 do, preferred gcnlMNtrd Air Line 10 do, preferred ............... Southwestern Atlanta 4 p. c. bonds, 1933..., Augusts 4s. 1986 Georgia 4%a, 1916 coupon do, 3%, 1939. reg im iw Dixie Cotton Mills 1st mfg. 6s. 98 101 Ga. R. R. nnd Itkg. Co., 6s.. 101 • 103 Seaboard 4s, I960 68 Tl% 1W 5814 at ft M MINING 8TOCK8. Boitnn, Aug. J3.-Opening: Copper range, ... K ; Munaou. Osceola, 108 to US; IMU; Blnghntn. 10; Uulnry, 12**; Old Dompilnn, If; Oeeet Trinity, 16; Mohuwk, 87. 4% UNION 4% SA VINGS BANK Could Building CAPITAL STOCK . . . St00.000.00 4% RESOURCES' • 260,000.00 4% TELEGRAPH MANAGER ALONE AT THE KEY Ptnr lurk. niiK. m.—< «»(i*c niuint; Havre nt 10 n. m. mnrkH steady; 12 noon advanced % franc; sales 14.000. Hamburg at 10 s, in., market unchanged ahy receipts 33.000. The following figures give the opening range and close In the New York coffee market for toddy: Opening Range. Close. .5.80^.90 $.30-6. hS ■.."..S.M&85 HAYWARD, VECK & CLARK, COTTON, 8TOCK8, BONDS, COFFEE. GRAIN AND PROVISIONS. Carondel.t and Gravier St*, New Orlean* \ MEMBERS: KkUmE' Member. Liverpool Cotton Ara n. New York ,nd Cbl«6° Coe r wpoo<to*l». J. S. BACHE & CO., AND BARTLETT, FRAZIER 4 CARRINGTON, PRIVATE WIRES TO ALL POINTS. per ton, ties rly yesterday, buyers for the most part standing aside, while sellers evidence a very keen desire to secure execution of their or ders st the earliest moment. Wall street wns pessimistic fsmn the start. Almost complete paralysis of the tclogrspklcxdtnn- thui left operators largely In the dark ss to current developments In the relationship of snpply to demand. Many Interior points could obtain no Information whatever. The government experienced great difficulty in gathering weather map data. Private wire K stems were the innln dependence. In •xns. Arkansas and other states where tho private wire* hare been eliminated through anti-future trading laws, there was practi cally no means of communication. Urge hedge Interests In Texas hurried special New York, Aug. 13.—Pronounced weakness wns shown at tha local metal exchange. Copper was off l-2c in the asking price and tin off J-4c. May June .Tidy August Keptemlier .. .. October November .. .. December l*lo*ed sternly. 5.80-5.90 5.85- 5.90 5.90-5.96 5.96- 6.00 3.96- 6.00 6.96- 6.06 $.66-5.70 5,7:. r,.v) 5.73-5.80 5.75-6.80 5.85- 5.00 ALONZO RICHARDSON & CO. Public Accountants, Auditors and Bank Examiners. Audit*. Special Examination!, Costing and Syitcmatiilng, EMPIRE BUILDING, ATLANTA. GA. Hpeclal to The Georgian. Chattanooga, tenn., Aug. 18.—With but one exception all operator* In the local offlcee of the Weatem Union and Poetal are on .trike. The one excep tion lx an aged Weatern Union opera tor named Rudd, who claim* he I* un der obligation* to the company for favor* ahown him In the paat. The manager of the Weatern Union and hi* day chief, aeelated by Rudd, are handling a few message*. Th* mana ger le the only one working at the Postal office. $88,000.00 GOLD BONDS to net investor nearly 6 per cent. Write for circular. J. II. Hilsman & Co., Atlanta, Ga. ATLANTA NATIONAL BANK ATLANTA, GA C. E. CURRIER, Pre.ldtnL H. T. INMAN, Vice-President. GEO. R. DONOVAN, Cashier. JAMES 8. FLOYD, A(lt*tant Cashier. Capital $500,000.00 Surplus and Undivided Profits $650,000.00 We Solicit Tour Patronage.