Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, August 19, 1907, Image 9

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mm THE ATLAN i A uEoitGi AM AMU i\E\> ri. COTTON FUTURES OPENER STEADY Gained C o n s ideivable Strength During the First Half Hour. WENT UP PEW POINTS Later Eased Off, Losing the Early Improvement by Midday. S*xv York. Aug. 19.—Tho cotton market itirted quite steady and Inter gnlned con* tlderable strength on n good demand from Western houses In connection with good local lmvlng. For n time after tho call prices wore up 8 points, hut Inter cased off « couple of points on realizing orders. After some show of strength mound the opening, realizing orders made their ap pearance. a slow decline sctlu , which at {nlddsy had wiped out the early advance. There was little business transacted dur- The market remained dutt up to the close, which wus net unchanged to 3 poluts lower. ' SPOT COTTON MARKET. NEWS AND GOSSIP , of tha Fleecy Staple. nidiiiiiiK i: ■New wriciiun. ijuioij middling io7|, Augusta, quiet; middling 13%. Savannah, steady; middling 12%. Memphis, steady; middling 13%. Galveston, firm; middling 13%. Charleston, nominal: middling 13%. Wilmington, nominal; middling 13%. Norfolk, steady; middling 13%. St. Louis, quiet; middling 13%. Baltimore, nominal: middling 12%. Huston, quiet; middling 13.25. Philadelphia, quiet; middling 13.60. Mobile, quiet; middling 12%. Houston, steady; middling 13%. Cincinnati, nominal. New YOrk, Aug. 19.—Bartlett, Frazier & Carrington: Our market advanced on Lou don prices. Afterward the reported en gagement of $1,000,000 gold lor export eased prices. Wall street Is awaiting the text of the speeches. The iluvestuieiit market In bonds presents no new features. On tho advance this morning liquidation of a quiet sort beennuf apparent. Thero are some big industrial loans falling duo this week, how. they will be patched up some* New Orleans, Aug. 19.—Cotton interests are still wultlug for some developments to make the next more. Disposition to buy ou crop damage in Texas Is greatly in predom inance, and recent correspondence from Eu rope would Indicate that consumers ore apprehensive over the Texas drought, and that a bull movement on our side would Induce hedge buying on a lnrge scale. The uncertainty over fluhnclnl affairs holds bullish enterprise In suspense nt present, opening trades here were around Katur- day's closing figures followed by a few points advance ou buying on tho bullish re port by The Memphis Commercial-Appeal on Texas and the weather map showing generally fair weather In the western and central states with high temperatures. Tho I’lcayune's crop summary for Louisiana and Mississippi Is very good. It soys condi tions have been, thoroughly Improved by good showers and crop conditions lmvo I in i’roved 10 to 15 per cent. Messrs. Well Pros., of Montgomery, give a favorable ac count of crop conditions In Alabama and tho eastern states. The weather map lu dlcates the l»est prospects for tain In nortn Texas, the t»rrltorles and Arkansas we have had for some time. It will also turn much cooler over the northwestern half of tho l>elt. This outlook prompted scalpera lo liquidate, and October fell back to If23. Trading Is narrow nnd professional. Frier* paid In the Interior of Texas for new receipts keep up well around 13%c. L. H. FAIRCHILD & C0.‘8 WEEKLY COTTON, LETTER. New Orleans, Aug. 19.—Owing to the teleg. Timbers' strike, the usual supply of crop news lias been very much curtailed, nnd business 1ms been restricted to a considera ble extent. However, the demoralized state of affairs prevailing In Wall streot has been tho all-absorbing feature of the week, and In reality so far as cotton Is concerned there Is very little to bo sold In roferonco to new developments. From nil tho Information wo have been •ble to obtain It appears that tbo greater portion of the belt shows satisfactory crop progress, while that portion of Texas which lins been suffering from drought has re ceived very llttlo relief, although some showers have been reported in certain lo- rnlltler- Th« uncertainty of the Texas crop Is undoubtedly the chief support to the market at tho prevnt moment, nnd If the situation seemed to Justify It It lx more thsn likely we would hoTe witnessed a con siderable decline this week owlnir to the unfavorable finnnclol outlook. It would seem wlso at the moment to pursue a very cautious policy In trading, owing to the rather gloomy financial outlook, which Is not by any means confined to onr own country. We hare held to a bullish view on cottou not became we believed In crop failures, but because we believed In the expansion of the trade and a steadily Increasing de- I lunnd for our staple, and this, taken In Special to The Georgian. „ (From Hayward. Vick & Clark.) New \ork, Aug. ip.—Bartlett, Frazier & Carrington: Cotton opened a trltlo bight on cables nnd unchanged weather eoK tlons, but there were less than j.000 bales traded In on the call. The market ad vanced after the call ou buying by (Jwnth uiey and commission houses. Shearson Mitchell sobl. Liverpool futures opened steady partially l op nt 13:15 p. m., 1!j1% up. Futures were duo to come unchanged to 1 down, Spot steady 2 points higher; middling 7.27i Bnles 6,000; American o.TuO; speculation and export 700; receipts 5,00d; American uone. Following are 11 a. m. lbds: August 11.15; September 11.26; October 11.84; January n.0S; March 12.17. The market has gotton well short within past ten days, duo principally to Wall street depression. It Is now sold out for the day, and any little buyiug will put It Mr. Harman wires from Shreveport, La.. “I made a 40-ndle trip down the west side of Bed river Saturday nnd yesterday, nnd saw but a few cotton blooms, due to weevil and boll worm damage. Most planters think craps will yield not more than obout lqilf of last vear'a.” . New Orleans, Aug. 19.—Hayward, Vick A Clark: The Picayune's crop summary * the week Is very favorable to Louisiana and Mississippi. It says good rains thor oughly relieved the droughty condition In Louisiana nnd Mississippi. Crop conditions Improved 10 to 15 per cent during the past “•eek. Plant starting new growth. Map, complete, shows generally fair In io western nnd central states. High tem peratures. Indications arc for much cooler weather, generally cloudy nnd showers In north Texas, territories and Arkansas by tomorrow. ^Crockett, Tex.—TlJe first bale was brought Temple, Tex.—The second bale was receiv ed nnd sold for 13%c n pound. Eagle, Tex.—About 250 bnles sold hero up to present time. N’orth Ztilnh, Tex.—Severn! showers fell Inst week, but too late to materially beuefit cotton. Cotton will average about ono bnlo to five acres. Edna, Jackson County. Tex.—Cotton Is be ing rapidly gathered. The high prices paid make farmer* rejoice. Bryan, Tex.—A good rain fell, but too late to benefit cotton. Today’* weather map holds out the best prospect* for Ynln in northwest Texas, the territories, north Texas nnd Arkansas wo hnve had for a long time. Cold wave of decided character coming. Memphis Commercial Appeal report Is very bullish on Texas. Picayune crop summary nnd crop report south In Texns from the northern counties the state gets progressively dryer and the cotton crop prospects correspondingly poor er, until south Texas, where It Js expected that the harvesting and marketing of the cotton cron will he finished at a very early date. Knln in some of the southern sec tlons where It has hen dry a very Ion* time nnd where it would not be or greal benefit, according to some reports, while others state thnt a top cron may yet be made. Some light showers havo fallen in the aouth and southwest, hut as a rulo they dried off quickly and benefit was small. Northern Texan nnd western Texas have hnd no rain. In weatern and central Texas tho temperatures were very high all the week through, and the cotton seems losing Its vitality. Some reports from the west are very pessimistic. The northern section of the state Is still dry, but up to the ] ent time the plant has held Its own nr now well fruited nnd promising. It has reached a stage, however, where rnln is needed nnd without It the plant will do- ATLANTA MARKETS. FRUIT AND PRODUCE. higher price* very strong. However, we frankly admit the possibility of the price of cotton along with everything else, being unfavorably af fected for a time If It should become evl- •lent that we hare entered Into a period of Mvere depression, such as was experienced The post few year* m —the most prosperous In the world's history and the reaction shich seems to have begun may bo quite i« pronounced ns hns been our recent suc cess, nnd If so the expansion of our cotton jfjjjjdjj trade Is apt to recelvo a temporary plunw of'the situation in~ connection" wttE the more Iminedinte price factors, such ns size of the crop, present spot demand, etc. GOODS BUYERS MOVING WITH GREATER CAUTION. New York Commerrhil: Selling agents ■nd commission inerchnnts In the dry goods trade approve of the more cautious pur chasing of merchandise which Is In evi dence. They declare thnt buyers, whether representing converters, entters-up or th«* department store trade, are Justified In moving with greater caution than they did earlier In the season, owing to the persist- cut circulation of stories of a financial ■trlngeney. While this may not come to pass, it fs felt that the general confidence J'* the commercial world will be conserved ,. r the purchasers of merchandise limiting their operations for fall nnd winter rather than expanding and stretching their pur chasing powers. A* the present time there on the books of most houses In the wholesale districts larger orders on the fnll t|ae* than have been booked In any recent X**r, certainly larger than last year on cotton* and on silks. The position on Woolen goods for fall nnd winter delivery A EGGS—Active, 21c. LIVE POULTRY—Hens, active, 35®37%c; chickens (fresh), 15b30c. Ducks (Pekin), 80c each; puddle, 25c each. Turkeys, active, 12%c per bound. DRESSED POULTRY—Turkeys, drawn, active, IS cents pound; fries, active, 20c pound; hens.ISc per pound; ducks, drawn, fancy 15c pound. PRODUCE—Lard, He pound! hams ac tive 16c pound: shoulders active lOdPlle pound; sides active, 11c pound; butter dull; 10<{H2%c pound; beeswax active, 25e pound; honey, bright, active, 10c pound; honey In 1-pound hloeks active, 12%c pound. FRUITS—Lemons, fancy Messenn, $5.25; bananas. 3%c lb.; pineapples, Florida st none: limes, Florida stock, per hund.._,. 75c; peanuts In sacks averaging 100 pounds each, owing to grade, per pound, 6%Q8c; 2.50 crate; rhubarb. 75c each. VEGETABLES—Potatoes, new, 13.75 bar^ rel; nor bushel, $1.40. Onions. Georgia, $1.60 nor bushel; Spanish, $L50 crate; kraut, half barrel, $3.75; cabbage, 2%c pound. GROCERIES’ ihpr-Jan MM%r: bend 60?c: fancy bead 7G7%c. according to the grade. CHEESE—Fancy full cream, 17 cent*; Georgia cane syrnp 37 cents gallon; salt, 100-pound. 60c: axle grease $1.75; soda crack era, G%c pound; lemon. Sc: oyster. 7c; bar rel osndv. per pound, 6%c; mixed, per 8-pound, C%c; tomatoes. 2-pound, $2.00 ease; 8-pound, $125: navy beans. $2.35; Lima beans 6%c; best matches per gross, $1.05; macaroni 6%07o pound; sardines, mnstnrd. *3.28 ease. SUGAR—Standard granulated. 1%; New York refined, 4.90; plantation, 5c. COFFF.E— Roasted Arhnckles $16; balk In bags ond barrel* 12c: green llC13c. Shredded biscuit 85 case: No. 8 rolled oats 13 n esse: sack grlta. 90-pound bags. $1.83; oyster*, full weight. $2 case: light weight li.10- esse; pepper, 18e lb.: baking nowder IB case: red salmon, $5 ca«o: pink salmon. $4.25 case; cocoa, 40c; chocolate. 33; nnl 1-lb. jars. 48c: roast beef. $2.60 case* corned beef. $2.60 case; catsup. $1.90 case; sirup. New Or leans, 35c gnlloa; corn. 80c gallon; Cuba Edited by Joseph B. Lively MARKETS Mr. Lively** twenty-firs years* experience of ed iting markets In Atlanta and the South has mad* him a recognised au thority In h!s'specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS BAMIQ OF STOCK. ry. . Amal. Coppe . Am. Ice Securities. Am. Sugar Refiner; American Smelting. Am. Locomtlye. . . . do. preferred. . . . Am. Cor Foundry. . . American Cotton Oil., Anaconda Atchison do. preferred. . . . Atlantic C. Lino. . . • Brooklyn Rapid T. . . Baltimore X Ohio. . . Chesapeake & Ohio . Canadian Pacific. . , • Chicago & Alton. . . . Consolidated Gas. . .. Central Leather. . . . do. preferred. . . . Colorado Fuel & Iron- Corn Produce Colorado Southern. .. Delaware A Hudson. . Denver & Rio Grande. Distillers’ Securities.. Erie do. preferred. . , • General Electric. . . • Great Western Great Northern pfd. . Illinois Central Interhoro. . . . \ , do. preferred. . . . Kansas & Texas. ... • 18 a% 152V4 u io" n-’. 133 1054 jHi now 133 10*4 103” lM’i 22 NAME OB’ STOCK. Kansas X Texns nM. . . . , Louisville & Nnshvlllo. . . , Missouri Pacific. . . . . . , Mexican Central. . • . . . . New York Central. . . . • . Northw -’stern National Lead Norfolk & Western Northern Pacific Ontario & Western. . . . . . Pennsylvania. ........ Pacific Mall. People’s Gas Co. ...... Pressed Steel Cor Reading. Rock l-l.-n-l do. preferred Republic Iron A Steel. • . , do. preferred. . do. preferred. . St. Paul Tenn. Coal A Iron. Texas Pacific. . . . Union Pacific. . . . U. 8. Rubber. . . . , do. preferred. . U. b\ Steel. do. preferred. • , Western Union. . . , Wabasb , do. preferred. *11 ... 104% CG% I'-'j " 103% 141% 41%. ..... 69% 70 116V* 117% *' 31% sg KS'i 6S% 81% NEW YORK. i & | * n 1 a s a | a Ja c sc Aug.. 8®-':: Nov;. . Dec.. . Jan.. . Feb.. . March. May. Closed dull. iY.30U.23 1L24 1L23-24 ll.SSjll.S2 11.81 U.81A2 1L9I-95 110612.04-05 1107-09 12.1412.13-14 13.26|12.22-23 ILH lf.tt-88 11.85-86 11.97 pta 1197-Od U.14-18 UtMl LIVERPOOL. —\— Following Is tho opening range. 2 p. m. tod close, compared with yesterday: Futures ranged steady. Opening Previous Range. 2 p. m. Close. Close. 6.89 -6.89% 6.89% 6/ 6.76%-6.77 “ “ 6/61 -6.61% 6.55% August .... Aug.-Sept. Oet-Nov. . Nov.-Dec. . Dec.-Jan. . Jan.-Feb. . Feb.-Marcb March-AprlL 154 -6.1 Aprll-Mny .. 6.55 -6.1 Closed quiet but steady. . 6.62 -6.53 NOTES ON ’GRAIN. Pointers on Provision* Special to Tbe Georgian. (From Hayward, Vick A Clark.) Chicago, Aug. 19.—Bartlett, Frnzle arrlngton: We believe wheat a pure around present prices. Supply of coru Is light ond we can r reason for any decline In prices, nnd If the farmers do not sell more freely soon wo will see an advance. Receipts of oats are over tho estimate, but os tho quality Is so poor It does not cut much figure in prices of the future options. Heavy frosts officially reported nt Havre, Mont., at 7 o. m. Bismarck has temper ature of 44 and Devil’s Lnke 46 at T a. to. No report from Canadian Northwest received or Issued by weather bureau. In dications are strong that there was frost last night over entire Canadian North west, possibly very heavy In central aud ‘cetera parts. Chicago Record-Herald: ^Export demand I ‘bid* a further tight- "dopers generally Ina NEW ORLEANS. The following is tbe range In cotton fu ture* In New Orleans today: l i X a J II Aug.. . . . Bept.. • . . Oct Nov.. • • . Dec Jan Feb.. . . . March. . . *1162 12.27 12*22 ip.:-* iiU 12.32 11 1158 12.:. V3* ii p i:!r.s 12. r. 12,20 2.56-62 12.50-60 12 .:.. . ; 12.H-2J 12.19-20 12.31-33 12.38-39 2.ft T 12.62-05 12.28 29 12.21 26 n 12.34-36 12.42-43 Closed steady. EARLY NEWS FAVORED BETTER TOT PRICES Buying Was Good and Mar ket Opened Near a Cent- Higher. ?T. LOUI3 OA3H QUOTATIONS. Wheat—No. 2 red winter 83%tfM4 Corn-No. 2 6I%'(|53% Oats—No. 2 44 ©45 Chicago, Aug. 19.—Tho wheat market opened strong and about %c higher with good commission house buying and shorts covering. Offerings wero light nnd scat- tored. Logan A Bryan* Bnrtlett-Frazlor Were complaining or their “^ability to get - an ^ p r i n gl* wore on tho buying side, while ZSS&J* ESXt lets fJQSrot wore J,m «ankln was selling a little. Finn property. .Actual stUea for’ JH2I cables, smaller world’s shipments and pre- tberefore limited to 108,000 bushels. Vj£ r . 0 dictions of frost In the northwest were the Is also sound, and dress goods. It Is re ported, ore under order for a heavier yard age than last year. In viewing tbe condi tion of the market on bleached goods nnd fancy cotton*, agents declare that their books show orders which extent Info mid summer of 1906. They feel no uneasiness as to this business standing, for It Is a fact thnt more bids have been received for mer chandise than could be accepted, nnd every cose of goods coming forward could be dis posed of for spots at even better prices than were secured when the order* were accepted. The better conditions which ob tain In tbe retail trade throughout the conn try ore regarded ns a safe sign, and. pra vlded the retail trade continues on a nor mnl basis through the fnll add winter, no Interruption In tbk passing of goods from manufacturers to consumers will be wit. iqd. On gray goods the large convert- and entters up continue to call for spot* and'are still willing to place forward or der*. Aa this would be the most sensitive market andcr a changing condition tn tho flnnctnl status of the country, the contin ued bidding for goods Is regnrded as evi dence that the converters nro not looking for any permanent business depression. Print Clothe Steady. Under conditions In the trade which make It unnecessary for nrlnters to bid for bust- ' r are still Inclined to take on gray _____ ..heaerw they can get them for fu ture delivery. On 2S-lnch standards the 6%e •till asked for spots would be paid for any goods that come to light nnd on delivery between October and January 1, 5%c and down to 5c Is paid. There are few agents who have 2Mncb 64x60s for any delivery this side of January and on all snch goods ans getting 5c. Friday the trading la „ Mmn _ i and on ompletely Swift A Comnany’i Atlanta for the w August 17 average 7. HAYWARD, VICK & CLARK, COTTON, STOCKS, BOND8, COFFEE* GRAIN AND PROVISIONS, Carondelet and Gravier St#., New Orleana. MEMBERS: Few Orleans Cotton Exchange, New Orleans Fatnre Broker** Assoclstton, •jew York Cotton Exchange. New Orleans and Chicago Boards of Trade, P«iT£S*ga Cotton Exchange, New York Coffee Exelisnge. lioaito* Cotton Exchange. Members Liverpool Cotton Assn New York and Chicago Correspondent*: J. 8. BACHE A CO. AND BARTLETT, FRAZIER A CARRINGTON, BIUVATE WIRE8 TO ALL POINT8. was some Inquiry for red winter wheat, and shippers expected to bo doing business In that grade here this week In tbo ovent thnt there was no loosening up by the owners of hard winter or no material chnnre In the general market situation. Lo cal shippers who are trading In tbe south west lira doing a steady export trade In hard winter by way of the gulf. Dnluth claimed that there was a good asmacd there for Manitoba wheat for export pad that fair sales had beeu closed lntiy'Frldny. No details wero given on yesterday s. busi ness. • „ Manager Ilonry L, Little, of tho Pills- bury Milling Company of Minneapolis, re ports that the northwestern mills are do ng a very good flout business, running prot- H fully, and will run heavier this week jan they did Inst. The principal business Is on domestic account, ns prices “ slightly out of line for export. ,T lt Is not a mlsstnteiucnt to say thnt th* decline In wheat during the past week wns precipitated by the strike nmong the teleg raphers and bw the financial disturbances lu Wall streot,” sold 0. W. Wagner, "but It Is certain that nothing hns happened In wheat thnt would not have happened hnd neither of these things occurred. The drop In price might hnve been more gradual, hut even that Is douhtfnL Tho decline Is tho most logical sequence thnt could have befallen the market, nnd If the conditions are not materially changed the price will continue to go down long after the strik ers have resumed their places nnd tho llpnnclal atmosphere of Wall street bai eleared up.” . The Kansas City correspondent of Clem ent. Curtis & Co. says: “Colrani makes Kausns wheat crop 20.u00.000 bushels. Acre age Is 500,000 acres more than his prelimi nary estimate, lie says this fall’s sow ing will probably be less than last year. Corn condition la 74 on 6,750.000 ncreH. With the government condition of corn In Kansas on August Fat 84, Indicating 200,000,000 bush els, the Kansas state report at 74 Indicates 117,000,000 bushels. Last year the state raised 206,009,000 bushels. The condition now Is 20 per cent under Inst year, while the acreage Is 10 per cent higher.” Lognn & Bryan’* Kansas City corres pondent wired thnt the cash wheat* sltua- lion there was deplorable, no demand, about 7.000.000 bushels In elevators and over 2.000 loaded cars accumulated in the local railroad yards. A Tabor, 1 own. farmer. In a report for warded to ware-I^»lahd. says: "An Insure- tlon of the growing corn which Is partly In tassel and partly In shock shows a sur prisingly low state lu tassellng and poloo- Iztng. Where they say It will make SO; hnspels ner acre I know It cannot make 10 bushels of marketable 'corn nnd Is caus ed by root disease. Thero Is a great sur prise coming to the corn trade at no great ly dUtaot period.” #M Whllo there Is a feeling of nervousness In nil markets, yet wb6it Is still on a goo- export basis nnd Is cheap enough.', said * H. Ware, “Look for more activity In said . ... for more activity In tfie corn market aoon. Since Jaly 1 Sep tember wheat In Liverpool has declined only 4%c, while our September wheat Is off 15c. Enough said.” WEATHER REPORT. WEATHER CONDSTION8. Today’s chart shows two extensive arens of high pressure, one centered over New England with its crost reaching southwest into Texns and the other centered orer Montana. The advance of the northwestern tugn area 1s causing lower temparatara over tbe Dakotas, Montana, Washington and Nevada. . . . tt , There hns been a less pronounced fall In temperature over tho Great Lakes nnd New England. Over tbe southern half of the country thero has beeu but little chango In the Inst 36 hours. Showers have occurred In the south At lantic nnd cast gulf states and tn the north ern lake region. . , • The conditions favor cloudy weather In this section, with showers late tonight or Tuesday. COTTON REGION BULLETIN. For the 24 hours ending at 8 a. m., 75tb UI&TB Atlanta, cloudy. . • Chattanooga, clear.. Columbus, clears , . ••Gainesville. , . , , Greenville, cloudy. . ••Griffin. ..... Macon, cloudy. . . . ••Montlccllo **N«WBftO. OietM_, w chief factors causing the higher markets. Tho grain markets were more active to day with wheat up l%t*l%c, corn %$!c higher and oats %®%c better, but provisions wero 2%ft7%e lower. Rough weather northwest nnd strong In dications thnt tho Canadian Northwest hns seen something approaching a crop disas ter In the last forty-eight hours proved the ldg bullish Influenco here; Prices were blghar, but business wns restricted to tho »poeeS V local crowd because of Inadequate wire service. The private wire* hnd considers- — 1 ,ul ble trade, which Included business from Wall street, ns wl*11 ns from abroad. World’s shipments were small, (‘aides higher. Coarse grains wore Inclined to syni. thlzo with wheat, the frost in tho North- wost proving a strong bullish help. The unexpectedly largo run of bogs was against provision values. CHICAGO GRAIN MARKET. Following nro the Chicago grain and pro visions quotations for today, compared with yesterday’s close: Previous Open. High. Low, Close. Close. WI1RAT- fltpt . . PMP Dec.... 90 May.... 96% .CORN— Sept..,. 56 Dec.... 52 May.... 53% OATS- Scpt.... 48 Dec.... 44 May*... 45% POUK- Sept.. 15.65 LARD— Sept... 8.85 Oct... 8.92% RIBS— Sept... 8.50 8* 88 SS KH w; 87 m E s* S 1 46% 45% 46% 45% 15.75 15.60 15.70 15.75 S:S t:&* pouib. M.K3LS0 ««.: p;«natl. k: 4.ply cotton. 18c: soap, $1.6064 esse. PROVISIONS. PROVISIONS—Supreme hams 15%c, hellles fOQ25 pounds average. !».»; fat backs. 8jfc FLOUR AND GRAIN. FLOUR—Highest patent. $3.75; best pat ent $5.25; standard patent $4.75; half pat ent! 14 66: spring wheat patent. $*<>?. CORN—No 2 white. *?c; choice white, $0c; No. 2 yellow, 77c; mixed, 76c; cracked corn P CHICKEN FEED— Fifty-pound sacks $1.00, Ponla chick feed $2.00; Victor feed. $1.50. OATS—No. 2 white. 67c; No. 3 mixed. Cc; tolden 53c; white clipped, Jte; fancy White clipped 6Sc. MEAL— Plain, per % pound sacks. 78c; 4J- MHind *n•')(*. 7*c; plain 2l-poun<l sacks, 80c; rerm. $1.25 HAY—Timothy, choice lara.* bales. $1.35; lo choice small belos, $1.30; No. 1, one- bird bales, $130; No. 2. uric-third ha!.-*, |l 26: choice prairie, $1.00; Bermuda. $1.0). .SHORTS-Choice white. $1.60; fancy, $1.60; rown (W to K*0 pounds), $1.60; brand. $L3S. COTTON SEED MEAL—Prime i».-r tu& 60; No. 2 per ton, $24.90; hulls per too, $13 50. LIVERPOOL GRAIN .. limit opened H hlflier nml nt 1 JO p wnn H hlnher. Cloned Ht#% liljrbor. Corn openiHl -4 hlchr-r mnl it 1J0 p. id. VI, H blgher, Clow-I 14BVt higher. CHICAGO CAR LOT8. and eatlmateil recipta tor tomorrow ire it follow.: Tinlnr. T.nnor. Wheat 317 m Corn.. 137 199 Out .. 47* M* Hogs, head GOOD 19000 THE LIVE STOCK MARKET. Chlrngn, Ang. 19. - Ilngv-Reerlpti <3,007. OInrket 6c lower: mlxml ami huleben >60 *00-1 hear, rough liearjr ft- “ tic—Receipt* 24.W Market steady; Wve« >t.30?i7.M: row. anil heifer. UMI S.*0: atnrk-r. ami feeder. tJ ■ 'i/4.90: Texan, ttStO.O; Wntern KMSin: eniv... 7.6); theep $3.50G5.^: lambs $5.254<7.40: Sheep—Receipts^ 17,666. Market strong, thI~sugar market. New York. Ang. 19.—Idoeal reflnM nnd raw sugar, markets stesdy and nnebangot I^ndon h*>et» steady; August 9s 9*1; Sep tember 9s 9%d, Following Is given tho opening and doi ng qootsnoos of the New York cotton seed ill msrket. Opening. 2:15 P. It. . Il%«53 61%€153 . Il%«62% 51%e«% . 49%4:60% 49%4ir« 1 « . 41 642 41 </41% August September. . . . Oetoiler. .... November. , . . December. • * • * January. . . . , Claeea steady. Temperature. .$1 Max.* Min.- 1*1 Ii? u 70 .0) 87 69 .00 94 72 .10 ft” ai .ft ft ii T* .. 8 if 65 .65 ■» * S 3 i.io « period ending at 8 a. m. this date. nEAVY RAINFALLS. Blnckvllle, 8. C., 2.79; Savannah, Ga., L90, Lumberton. N. C., 3.66; Kingston, S. C., 1.10. TIPS FLASHED From Wall Street Special to The Georgian. iFrom Hayward, Vick & Clark.) New York, Ang. 19.—Bartlett, Frazier A Carrington: We do not, except for Invest ment. advise purchases of stock*, ns the effect of the remarks to be made by the president nnd Mr. Taft this week and the uncertainly as to what they will be will un doubtedly cause a feverish market with on erratic price movement. Muller, Scholl A Co. have made provi sional engagement for $1,000,000 gold for ex port. Alfred Mestro A Co.: The decline In prices which has taken place, we believe, hns discounted many of the worst develop ments which are likely to materialize later the readjustment In security vulues through tho forced liquidation will go n long way toward averting extreme stringency In money. The advance lu the Bank of Eng- laud discount rate from 4 to 4% per cent on Thnradny xvns n protective measure to conserve the London gold supply nnd guard against anr further over-extension In credit. In view of the circumstances we are of the opinion thnt stok* are uow a better pur chase on the declines than they are n sale on the rallies. No one can expect thnt tho para of the speculator will lie entirely smooth, at reactions of considerable extent are likely to occur. But to those who are prepared to carry stocks over such breaks we Iwlteve an opportunity Is presented to enter upon profitable transaction* on the long side of the market. We would, how. ever, advise- the cashing In of moderate profits whenever they are.shown, ns wn Inc for very large one* might result In .. set-back which would wipe them out alto- III WERE MUCH BETTER Advances Were General Throughout the Active • List. , v/ ■,-r LONDON WAS HIGHER KCthtr. LOCAL STOCKS AND BONDS (IteTlaed by Hlllyer. Inrritnieut Company.) UM. Atkod. Atlanta ft Wnt Point R. R. lCOVh Atlanta, Birmingham and A.. 19 do, preferred Augusta Fnctory ... Central Bank nnd Trust Coro. 130 Exposition Cotton Mills »... S20 Fourth National Bank, no On. It. R. and Banking Co..,. 240 Ity. and Electric go do, preferred board Air Lino io do, preferred 19% itbwesteru 107 Atlanta 4 p. c. bonds, 1933..,. 99% Aiieustn 4«, 1935 J. Georgia flu 1315 106U do. 3V4, 1939, reg... i<n'* Dixie Cotton Mills 1st lnfg. C-. 99 Oa. R. 1L and Bit,. Co., ta.. 102 UK 132)4 V iis* 102 104)4 THE COFFEE MARKET. rapge aud elose lu tho Mew York‘coffee Opening .S.&S.T- ..5.80-5.90 , 5.80 5.85 January ., .. . February .. .. March .. .. ,. April May , June July August .. „ N „ Heptember .. .. October .. .. November .... December .. .. Closed steady. ..5.95-6.00 ..5.96-6.05 ..6.00-6.10 ..6.656.80 ..6.75-6.80 ,.5i<«.80 6.854.90 MOjji MNl 5.90-6.00 5.96-6.00 4.70A.77. 6.70.5.73 C.2X.80 THE METAL MARKET. Now York. Aug. 19.—Little Interest wqs sheirn nt the inetal exchange. Prices somewhat Irregular. Smelter oft 5 points. Kirby Goes to Texat. Ed. E. Kirby, formerly a well-known railroad man, but for-tho past s’overal yeara engaged In tho life Insurance business In Atlanta, left tho city yos- Mr. Kirby has lived Reported Engagement of a Million Gold Eased the Prices Off Slightly. Now York, Aug. 19.—The wc both abroad nnd nt home witI: uiurc cheerful feeling lu fiuanc This was not due to any change features which would havo 1c*n*>i 1* -i --r P-f-iit .li’iin-sslng lnfim f tll.tr Infill.-Mr movements of tin* markets. All lug Investment Issues were lilghe don, aud there wus more gain* tl on tho American list. Here the at the opening and for the first fleeted a very considerable degn easiness among tho short Interest nil the speculative favorite Stocks came out more freely, however, at j the higher levels, and by midday price* had fallen off again over a good pnrt of I the early rise. The unsettling factor wns f tho two speeches by tbe administration heads, which are to be *l« i i \ .1 .-.i minnr- ! row, regarding which no particularly favor-1 able anticipations'nro entertained. New York, Aug. 19.—The stock market opened St almost general advances extend ing to 2 per cent In Great Northern pre ferred, 1% In Smelting and Bending. Achl- son %, Ht,- Until % nnd Steel common %. Pennsylvania nnd Pressed Steel Car open ed % lower. Steel preferred opened % higher. At tho end of five minutes' trading the market continued upward. Union Pacific pined In nil a point, us did Copper, New York Central advanced 1%, Reading 2% and Smelting 1%. At the end of ten minutes' trading Union Pncifir wus up 2 points i .-t. Great North ern preferred was np 8%. Northern ridflc 1% nnd Smelting In all 3 per cent. MONEY AND EXCHANGE. New York, Ang. 19.—Money on call, 2^3 per ceut; time lonus steady; CO days to 6! mi’iiihs. •; i..-I- f-.-ut. Posted rates: Sterling exchange, $4.83®. 4.88, with nctual business In banker*' bills i at $4.87001741.S770 for demand nml $4.8310® 4.8320 for 60-dny bills. Primo mercantile paper unchanged. Loudon bar sliver % lower ut ai l M. New York bar sliver 68%. Mexican dollars 53. GEORGIA RAILWAY AND ^ ELECTRIC COMPANY# Boston. Aug. 19.—Following wn* the bid nnd asked pilot- on Georgia Hallway sod Electric Company today: Asked 83. Pre ferred, 83 asked. MINING 8TOCK8. Boston, Aug. 19.—Opening: Utah 36; Shannon 13; Trinity 16%; Fruit 108; Mo- hawk 67; Copper Bunge 83; Greene Cnnnnca 12%; New Haven ICO; Franklin 10; Smelt ing 39. Market strong. Atlanta. . Augujta. . Charleston. Galveston. . . “Little’Rock.. “Memphis. . . Mobile. . . Montgomery, . “New Orlsans ••Oklahoma. Savannah. . ••Vicksburg. Wilmington. DISTRICT AVERAGES. ft v « fj! S.I T. Indicates napprvclable rainfall. yoaterday. '•Missing. Remarks. Lower temperatures prevail lo tho east*, em part, nnd remains stationary In tho central and western parts of the belt. Heavy rains have fallen In the eastern dis tricts. J. B. MARDURY, Section Director. WEATHER FORECAST. Washington, Ang. 19.—Weather conditions and general forecast: An area of high morning over Now high pressure Is advancing eastward v over Montana. Showers are probable tonight In tbe up- per Ohio valley and on Tuesday afternoon or night In the middle Atlantic str* temperature will not change grestl Forecast till 8 p. m. Tuesday: Virginia—Fair tonight, warmer In extreme southwest portion; Tuesday fair and warm er; fresh northeasterly winds, becoming southeasterly. North Carolina, South Carolina and Geoc. gin—Partly clondy, with showers late to night or Tuesday; fresh northeasterly winds. Western Florida, Alabama and Mississippi —Fair tonight and Tuesday; light variable Inds. Tennessee and Krtitucky—Folr tonight and Tuesday. SEABOARD LOSES $150,000 IN FIRE Special to Tbe Georgian. Jacksonville, Fla., Ang. 19.—Phosphate el*- a tors with several freight cars burned at Fernandlua last night. The loss Is 8150,000. The. property was owned by tbe Seaboard Air Line railroad. Tbe cause of tho fire Is unknown. ALONZO RICHARDSON & CO. Public Accountants, Auditors and Bank Examiners, Audits. Special Examinations, Coating and Systematizing, empire; building. Atlanta, ga. B’n.l B’rlth Moonlight Plcnlo. Tho member, of the Gate City Lodge, itll 8. Aftor the departuro of dren, there will be music and dancing at the new pavilion. Park Bench Fell on Girl. Special to Tbo Georgian. Dolton. Ga., Aug. 10.—Whllo a orowd of children wero plnylng In tho City park, a heavy Iron bench fell on the head of little Dorothy Ilarrctt, tho 6- year-old daughter of Mr. nml Mrs. Dcn- nio Barrett, painfully cutting nnd broil ing her face. BANK STOCKS. Central Bank & Trust Union Savings, Lowry National. Prices on ap plication. HILLYER INVESTMENT 00., Bond D«p f L English.American Bldg, THE LONDON STOCK MARKET. STOCKS— Anaconda .. Atchison do, preferred .. ., .. Amalgamated Copper .. .. Baltimore and Ohio Cn nml Inn Pacific Chesapeake nnd Ohio .. .. Erie do. preferred Illinois Central I.-’i.K) III" nini N.is 11\ 111,* .. nit-1 'I "Mis .. .. do.preferred New lork Cojitrn! Pennt\luinlri i Mil nr!" Mini \Vi>.’t<ni .. .. Norfolk nnd Weatern .. .. Philadelphia and Beading , Bock Island Southern Pnclfic .. .. .. Southern Railway .... .. Hr. Paul Union Pacific .. United States Steel .. .. *1". preferred Northern Pacific Denver •a* 80 * 61% 87% 1«3% 19% 19% 20% 52% .... 132% 133% .... lot%;i04', a \]V.’. 102% iri3** .. 116% 116% :: £?jj|'89%' % M%| 82% ...% ir.v 190% 1120% 120% ! 123V4123% e:.% I “ I 30 I 3A%! 92% 93% j 4% UNION 4% ! SAVINGS BANK Qould Building CAPITAL STOCK . . . St00.000.00 4% RESOURCES $280,0 00.00 4°io New York. Boston. Chicago. Washington. Philadelphia Baltimore. Atlanta. New Orleans. 8an Francisco. London. Ths Americah Audit Company, 100 Broadway, New York City. F. W. LAFRENTZ, C. F A, Prw. Q. E. MANWARING, Vie. Prat. THEO COCHEU, JR., Secretary. Tho American Audit Company, ebarterod undor tbo laws of Now Torlt, Id empowi'n-d lu i xiiminu tho affairs of, and mnko reports upon the finao* clal condition of private and public concerns for directors, officers and In dividuals. Tbe preparation and Installing of systems a specialty. ATLANTA BRANCH. 1015-1016-1017-1018 PlURTH NAT’L BANK BLDQ. C. B. BID WELL, Resident Manager. Telephone, Main 872. Cabla Address, Amdlt, New York. L. H. Fairchild. Establlth.d 1885. S. J. White L. H. FAIRCHILD & COMPANY, NEW ORLEANS. Members: Cotton Exchsng*. Now York Coffo* Exthsng*. “ ” "hange, N>w Orleans Board of Trad*, xchang*. Chicago Board of Trad**. LIVERPOOL COTTON ASSOCIATION. Private Wires to NEW YORK aud CHICAGO. Orders solicited for future deflv* «7 oa above Exchange*. B. C. COTHRAN. Few OrIean_ New York Cotton New Orleans Stock FRANK HAWKINS. Pr*«h!*at If. M. ATKINSON. Vice-President. JOSEPH A. M'COUD, VIce-PrasldeaL TlluMAK C. ERWIN. Cashier. U. W. BY BBS. Asslsuot CMhltt. Third National Bank Capital .... $200,000.00 Surplus and Profits $400,000.00 Dft. A. W. OAr.nOUN. MILTON DA 110AN. John w. grant. II. Y. Il’COBD, U. #1. At Alt'.'UtV, JOSEPH A. MCORD. J. II. NUNNALLY. J CARROLL PAYNa E. B HOHHKIL DAVID WOODWARD. iflf* , ^lhiii"Tii?r ,- 'iiMiTri*raMr~~nei immiii iiMiiMMMi n m ■mi - -