The Atlanta Georgian. (Atlanta, GA.) 1906-1907, August 08, 1906, Image 11

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THE ATLANTA GEORGIAN. tVLDNF.SDA V. AV(i1 ST S. 19 t JOSEPH B. LIVELY J %fr Lively's 3 ve*r*‘ experleae* J THE GEORGIAN’S RECORD OF MARKETS AND FINANCE JSSSS-SSSs | FEELING BETTER IN COTTi MARKET Liverpool Houses Were Free Buyers iu the Early Trading. MARKET RULED FIRM Heavy Rains in North Cen tral Texas Was the Chief Influence. By Private Lease-1 Wire. New* York. Aug. 8.—Iu the cotton market Public cobles were disappointing this morn- Inf. The bearish force of the advices from abroad, however, was more than offset by reports uf heavy rains in north' central Texas. Houses with private wires bought on the crop news and Liverpool house* pur chased October and December quite freely. The list ruled tlrm after the srart. Liverpool this morning somewhat better than expected In the futures department, opening about 5 to 6 points lower, whereas it was due to come about s points dowrn. Futures recovered part of tho loss on the ^hTtho spot deprrMnent n better demand was noted, sales aggregating 7.000 bales at t decline of 9 points, making middling Mid. The New York market opened steady at unchanged prices to nn advance of 3 points, which was nor a full response to the show- lug made by Liverpool. The tendency Im mediately niter the opening was toward Im provement. prices at mid-day showing gains bt 10 points all along tho line. It was reported that there was some cov ering on the storm In Texas, to which the advance was attributed. The weather continues favorable. The semi-weekly Interior statement shows receipt* of 1,342 bales, shipments 10.689. stock 1^2.822. No comparisons with Inst yetr given. Receipts of new eotton In Texas are In creasing. 166 bales being secelved In dal- Tea ton todny. Augusta got one iicw bale. 8POT COTTON MARKET. Atlanta—Steady nt 10%c. New York—Steady nt 10.70c. l ew Orleans— Oufot at 10 5-16c. Liverpool—Steady at 6*81iL Augusta— Steady nt lOKe. Kt. l/mls—Quiet at 10%c. Savannah—Quiet nt 10 6»16c. t'olunibns—Sternly nt 10Hc. (ialreston—Steady nt 10-So. Baltimore—Nominal nt I0$ic. Wilmington—Nominal. nt 10c. Norfolk—Quiet nt 10%c. LIVERPOOL COTTON MARKET. j.—8pot cot- Middling uplands, 6.81(1; suU*s_7,000, ^Auicrl- prb 7,0 ■ ■ xport &JQ, re- NEWS AND GOSSIP Of the Fleecy Staple. Private Wire to (}lbert A Clay, New York. August A—Liverpool 54 dot was expected 7 to s down. The market has n steady toon Lit pool and commission house* baying < to the reports of further heavy rains In Texas, which also have a tendency to check selling by the local trad* Carpenter Bag tot t X (*o. say: moment the market look* like a scalping nffnlr with possibilities for a quick turu either side." Carpenter Unggott A* Co. sny: "For favor the short side of the market. 1 less we are ntdh-nlly mistaken ’In our reading of conditions, tlio market Is the verge of n very sharp brook. Our ca bles state that Manchester advices so bright as they were." The Journal of Commerce snys: "The dry goods market Is In n very healthy dltinn, the day's movement from primary bands and from Jobbing houses having b exceptionally good fn staple lines. Prices are showing a tendency to advance li ernl lines, but It Is plain that the levels arc being forced uaturnlly and not through any desire of handlers to fair values on merchandise that Is In de mand. Many factors In the trado believe that the present season Is to be ftu ex ceptional one In the volume of tradt\ and their ennrlrtlons are based solely on the business'nlrcndy booked.’* New Orleans, August 8.—Liverpool at down Is about ns expected on our market. Today's map. Is excellent—clear and dry— the only moisture recorded being In Ar kansas. Texas Is partly cloudy, but rain hat fallen In the cotton growing dis tricts of tbc, state. Mlnofrlo, Forgan & Co., Liverpool, cn- "Market looks higher ou gopd buy ing." Tho market Is extremely narrow Insofni ■ outside Interest Is concerned, and trad ing this morning has been largelv routined to transferring nt attractive differentials. The -relative Liverpool differences hns ulso “ttrnrtdl n moderate quantity of strn<‘” Texas friends say: **We still beilev demand for August cotton will bo stifll- dent to sustnlu the market. Early START IN STOCKS WASJRREGULAR Good Sprinkling of the Act ivc List Showed Un changed Prices. RANGE OF NEW YORK STOCK MARKET READING IS STRONG Copper Opened a Fraction Lower—Later Recovered to Last Night’s Close. trying to outbid c-nrh ton prospects are Ixdng blighted by ever- Increasing weevils. If such were not the ease, our part of the country would make good rotton crop." Kennedy, nee eannty, Texas, wires: "Cot ton is n*»w coming In nt n lively rate and pickers are In demand, and while this crop Is gtw*1. the yield will not be heavy ns expected a few weeks ago." A special In the Tlnies-Doninerat from Waco. Tex., snys: "West Central Texas has been visited by torrential rains. Con- Trfrate Wire to Ware A Lelatid. New York. August I.—Liverpool future* opened steady. 6 points down on nenr and 0 down on Into; nt 12:1t juu. 4 to 7 down and barely steady. Sales. 7.<YW. Knots 9 points down nt B.Sld for middling. Futures due to come about 6 to 7 down. The New York eotton market opened quiet nnd steady. Just ns ilao on Livei pool. Liverpool bought n llttlo eotton lien * “ *et market today. Thin her map By I’rlvate Leased Wire. New York. Aug. 8.—Basing ennclusli chiefly on the speculative position, tho pre vailing sentiment Iu the morning's market was In favor of some reaction. It was felt tlmt with such n narrow trading Interest ns lifts characterised the movement of prl< tor the past week the rise had gone t fast to hold without some setback. Acting <n this view, there wns heavy selling for both accounts during the session, and storks which have recently been leaders •f the rise fell rather sharply. Some out side rondifIntis emphasised the failing. One the likelihood of the dividend on Con solidated (ins being passed altogether, as suggested by the fnllure of the executive ommlttee yesterday to net on the question. Another was the Increasing doubt ns to the dividends on I’nlon nml Southern Pa cific being raised In the«nenr future, this skepticism being based on the disappoint ments nlrcndy experienced ou this score. Finally the heavy cash losses uf the banks nnd the accompanying signs of hardening Iu time money rates made an unpleasant Impression. Tho .idling did noL however, appear at nil hurried, nnd slackened on the decline, the markit*at mld-dny being ex tremely dull. In the stock market opening figures show ed Bt. Paul, New York Central. Sugar and Pnlon Pneltle unchanged. Heading started up 14 nnd reacted 4. Annroudn gained 4 per cent and Pennsylvania, on 7,0»J shares, srored an eqt a! Improvement. Colorado Fuel. Erie. Onfnrln nnd Western, Boiithern Pneltle nnd Cnnndlnn Parltie gained 4. Amalgamated opened off 4. bat milled to last night's close. The stock market during the first hour ruled heavy and prices generally showed declines from 1 to 2 points. It wns hard ~ml any special Incentive for the and _ change. Pennsylvania continued prom inently active and strong. A. Eckstein buy ing 10,000 shares. I^udon was nlnu n heavy buyer of iVnaaylvnnbi. Brokers uiitrblng trading sny that a large part of the jg wns for Saratoga account. Iu the Inst lew minutes tbj » -»(n f of stick. 01 peared oxhnusted nnd r»b* *4 buying o-dot appeared prices easily .-'iPed. London wn a heavy buyer of l»«n1..»g a 11 i’ennsy ratlin nnd sold other .11/ *r lutlounl Issues. Ooverumenja unchanged. other bonds Arm. tj.-am.Ked Conner...,,,,,., •ricn 11 Sugar tteilulng K.-rttdtig Brooklyn Rapid Canadian l'nrtflf Chicago and No do. prefei Ml..- „ Western. ( hi-ago. Milwaukee and St. Paul Delaware ami Hudson Distiller's Securities do, preferred ......*. General filer trie Illinois Ce.itrnl American Ice Securities * Louisville and Nnsbrjlie Mexican Central Missouri Pneltle New York. Ontario nml Western National Lend Northern Pacific New York Central Norfolk and Western I\until- I Ot*»tilllUh!l.ow I Cl PMV# l'rtkj 10 112 112 1 112 11 131 , nsy 12.; 1 in 121 Vi' 1214 lju'i' lJ'S i.**s i-" 16$ f> * 16.’S 2064 2»«». 614 64$ 6«8 »4j »U[ Mtr il Steel Cr •In, preferro ................. Pnelfle Mail Heading Republic Steel IltM-k Island do. prefeiTtMl I/alted Stator f(uhb«-r * do. preferred Southern Pneltle Southern Hallway do. preferred.....*........... Sloss-Sheffleld Tennessee Coal and Iron Texas ami Pnelfle Union Pnelfle United States Steel do. preferred do. preferred , Wisconsin Central do, preferred Total stock sales todny, 656A00 shares. NOTES OX CHAIN Pointers on Provisions. PrJwite Wire to Ware A Lof/iod. Chicago. August 8.—Expect a flr wheat market, but If trr Imre a fair b today would sell wheat short for n » The heavy rains should ho a stimulating Influence to oats wrlght ami Wefts rood tellers of May corn this morning. I pdlke beat buyer of Wheat only bnndy steady at tho opening. Not ns much tmll enihtitl.iNm as riper' 1'cnvy nnd Ho-eubnnm iH.ugtn. May be dealt wrong, but In-Move th«-> uc full enk It ha and auy elltn all wlU US4 18541 1^4 K dtork ynnls and locals _ Brokers thought to be Armour bought September j t'hlrago Inter-Ocean: The a ipri-ftfleil With the idea that r.i*4 «y4l |5S 1 Ok O 1 674 1-, 1154 H.*»41 11*4 lilt*! 1*>4 H5-‘ 2*^1 I 201%1 2W ill t ms i«4i n«««, im M4 914 ‘.d M I !*•' ia i lr.**, I114, 1364 i»\ me little deterler.ltl heavy rains mi tl «en cut and put In INITIAL PRICES SLIGHTLY HIGHER Heavy Rains in Winter and Spring Wheat Belts Chief Influence. CABLES WERE FIRMER Cnsli Interests Good Buy ers—In Late Trading Most of Advance Lost. of futures In l?l { 131 132 SeptemU-r. si* the coni pit gossip runs, nml a good line of May. Mike Cudahy hns been “ ■ — f 1 for fix week* ling, is Ira 'Hii! •-.kil m 1 i"Tw n*, T5\ 7n<{ 874 37 1 8*4/ ul .May hns be jd May froi St Sr. 7641 IV. I 1564 SJ4 SUL , rr ll]41 157 S 166 Mfi 15ft', lb. 4 4641 40% 4041 4"4 4"4 40% 1064 10641 10M» l'6w| l'»4 3SU j;‘J 87L 374 >4 .xr 1 — 1 -a-i — 1M <rt 1Q9 ilcngo. August 8. — LIrerpoof responds tt wheat firmness of yesterday. There ns to be good basis for ax barf fog far- ■ ndvnmes In prim, iteentlal Interests rontlnuo to buy May S5l| mt cfins flic 914 91S 914 914 16 46% 46 2541 864 i <"4i 474 ntlng threshing ro ll Admit oats will do considerably Id snys; Export an lea ... . 11 inn*, were renorted Inst t 30L00O li hetti Chicago RMord-II af wheat, nil 1 strouger tha tho RANGE OF THE COTTON MARKET utnlued The a fie of the rridsi ■MP! Id da effect Ion of flu ,| a y’g gnlll here AT NEW YORK. Th* foP'/wlng la the rang* In cotiox futures In New York today: I^ist PrariPtu Open. High- » ov Close. Cloco. Aug. .9.60 y.ftT 9.60 9.67 9.04-64 9.60 f.l Kept. . 9.68 9.16 9.68 9.74 9.74 75 9.8J-70 Oct. . 9.83 9.92 9.K3 9.80 9.88 89 9.824(3 Nov. . 9J*rt 9.96 9.96 9.96 9.93-95 9.K7-84 Dec. . 9.95 10.04 9.91 10.00 10.00 01 9.93-94 »•••». .JIMS 10.12 10.02 10.09 10.06-09 10.01-02 Fob 10.11*18 10.0W8 ,.»r. .10.16 10.22 10.16 10.20 10.20-21 10.18-14 Cloaed steady. TIPS FLASHED From Wall Street. AT NEW ORLEANS. arrived In Chic, spring wheat of the yesterday. It Th* following Is tho riiuga In cotton futures Id New Orleans today: Last Prat Imts Open. High. Low H*lc. Clos*, ('lose Aug. .10.21 HX2I 10.15 10.17 10.17 26 10.24 2*'. Kept. . 9.99 1) 9.FJ Irt (»et. . 9.84 9.92 9.81 D.S3 9.K9 90 9.85M Nov. . 9,89 9.9) 9.89 9.00 9.91-93 9.K6 K.H Dec. . 9.87 9.96 9.H7 9.03 9.92 03 9.81 kU Inn. .9.96 10.02 9.96 9.99 9.99-11 9 95 96 Pel 10.04-06 99V Mar. .10.10 10.16 10.10 10.15 10.1315 lO.CMD Closed steady. lly PrlTate I.enied Wire. Chicago Aug. 8.—Closing price* for th* day showed wheat l-4c higher, corn 1-8$3-8c* better, oats up 1-8® 1-lc, but provisions ware off 6tri7 l-2o Cosh transactions were 34 loads of wheat, 8 loads corn and 60,000 bushels oats. At tho seaboard, 13.000 bushel* of wheat, 125,000 corn and Ho.tlxifl oats at Chicago. . Tha w eather w ns «UU against tha bears and many shorts in wheat cov ered. Thursday Is to bo a fair day In ectlona of the winter and sprln* .heat belts where needed and the mar ket will doubtless be adversely affected by the change. Busin* m wns of mod erate slzo nnd It was composed large ly of professional 'Yhargas" In all tha pits. Primary wheat receipts 1,326.000 bushels, nnd corn 340,000 bushels com pared with 1,104,000 and 445,000 hu«h*la respectively a year ago. cienrauteM for the day '2 25.000 bush els wheat, 396,000 corn and 8,000 oats. CHICAGO GRAIN MARKET. jo grain nnd pr<v SOUTH A SELLER CAUSED DECLINE Open. WHEAT— Kept. . 734 nigh: l**r. A. 454 MnyT, 464 OATS— K-pt. . 314 COTTON SEED OIL MARKET. Aug. in and Jn 3 Pi POHK- New York, .on seed oil vember, Hereml at Sle mi the early The weather map could hardly be more favorable. Hardly any rain 1* reported LONDON STOCK MARKET. Previous over the cotton belt. STOCK— Kept.-4 let, . . . (let.-Nov Nov.-I lee. . . . Pec.-Jntt. . . Jait.-Keb Feb.-Mar. . . , Mnr.-Anrll. . . Aprll-Mny. . . . Closed steady. 5.57-5.65 5.68 6.63 „ (.51-5.50 6.52-5.63 6.5^5.67 M6A.45 5.4*4.49 5.514.62 6.434.41 5.44 6.474.4S 5.434.41 5.444.45 5.474.48 5.434.42 5.444.45 5.47-5.48 6.44-5.42 6.454.46 5.484.49 5.474.48 5.6)4.51 5.524.53 6.634.51 Clenuy bidding 9,90 for large quantities of December, supposedly for Brown covering Anaconda. — Atchison. L . . . T Atchison prefcrrwl. Baltimore and Ohio. Cnnndlnn Pnelfle. . . Chesapeake and Ohio. , . . Chicago, Milwaukee A Kt. P. Krle Illlnota Central l^iilsviUe A Nashville. New York Central. Hendlng Houtbern Pnelfle. TODAY’S PORT RECEIPTS. WARE A LELAND’S DAILY MARKET LETTER. Th* following table show* receipts nt th® Pont today, compared with the sanio day last year; New Orleans. Galveston. . . Mobile Savannah. . . Charles ton. . Wilmington. . Norfolk. . , , Boston. riiliadelnhtn. Pensnroin.' . • Total. . . / INTERIOR MOVEMENT. The following table allows roeelpt* nt the Interior town* today, compared with the ■awe day last year: % Memphis. St. Lulls, GIBERT A CLAY’S DAILY COTTON LETTER. New Orleans. August 8.—IJverpool rlupsd •teady with options showing n Ins* of from 2 to 4 points, while spot trnnsn«*tlons were iiuntcd 9 point* lower, *ale* amount ing to 1.66) bain. Cable news wo* extreme- •T *rarcc and uninteresting In *h«b" nuy light on market affairs. There paw* Increased activity In the market dur ing th* day, primarily due to th* attrac tive differentials existing between the *cv- .eral markets, which, slneo the bureau re port of last Friday, have beep slowly re adjusting them soli**. Nevertheless, the junrket I* extremely narrow nnd lacks the I wonder stroke af a more general Interest. Weather conditions are ng.-iTn excellent, but report* of .inning*, some actual, but th* greater portion nntlelpntory by the rtront excessive moisture, bare caused n consid erable hardening up of prices augmented considerably by covering of th* short scalp ing Interest. However, sentiment seems to If against .th* market nnd takes the more tangible shape of assistance when declines l+eome Imminent, whereas support i* « Winn* quantify when necessary t<* further an advance from whtfb It might possibly L* Inferred that the market's large short Interest Is mythological. THE SUGAR MARKET. Rr Private Leased Wire. % New York. Aug. 8.—Ix»cnl refined and raw *ngar quiet, but unchanged. London beet •Market firm; August 9s 2«*d, September 9s New York. August I.—The morning pn- K ers printed extensire accounts of mer- nwa In Texas and til* territories, which were stated to l»e rather destructive Iu many directions. This change In the weath er situation, coming after such pxtenslvi* liquidation of the Inst few day*, wns suf ficient to start a covering movement that lifted prices about 10 point* from the low level touched yesterday. On the advance many who had covered slmrt cotton hegnu to sell moderately, nnd there wn* *0 much for sale over 19c that th* demand wns not aggressive enough to lend traders to re gard the situation ns changed. Cotton has had nn extensive decline the past ten day*, and a reaction of 10 or 20 points la not nt nil nnllkely. But the question eoncernlng a more extensive recovery I* one thnt re main* to be determined. It will be re called that the largest jwops the South ever raised, a* regards the production of lint per acre, were those of 1897 and 1898. At that time there -were floods In the raring nnd overflows Inter In the “***" that proved beneficial rather than wise. Unless the damage becomes serious we fall to flml anything In the cotton situation to Induce general buying for high er prices, fit fact. If trill require consider able dnmng* to prevent cotton weighing on the market. New York. Angust 8.-The stm-k market wn* irregular today nnd gave evidence of following a trading fluctuation, which we expect to see cootlnncd for a time, and w* recommend that the trading roles still In* observed, buying on weak spot* after n recetalou nnd selling rice versa, urronl- Ing to the Individual poll Cion* of t h* ****** shown by technical and other dedtic- nr w* would only attempt to liecoin* ircslrtlj bullish In specialties vie lv handled. Judging from the "f»tlo this writing, for the money ritaatlon I* not rltur and we do not believe a big bull market I* likely until money la easy. Pnelfle. issii i Prtvnte Wire to \Nn Now York. Alia. v. 11li mom•> easy. ■ , ... .. There arc hint* of money flurries In Vail street before the week* end. — •« seven months’ loans now P* Cloud opinion leans, to market f lull nnd heavy, with N ' ry nil offerr _ I/r _ 'lb fir din cries slowly feeling th* effect of the In proved Ideas regarding Near dc*y\cries were'ill Kept .17.16 .14.10 HI DISK- ailing velopment 9.174 Jan. .. T42 1 vent. aanl taking on Western * rails on dip*. That# !• n very strong pool In them and n Jl il”? ivlth 1 lode •ong pool dlete»T that 1574* *i» • m ■ 1 Wk Professionals nro atlll bearish ■ga-tunltles 11 _ .d wnteb- It, O,qnu mnlties. leather look far an Irregular market nnd believe It ad visable to secure profits on nil upturn*. l.ook* a* If a lot of long stock* had been January thrown over, and they ore colmng ont Iu Cloaed steady, hunks. Believe they van be bought lowr- lower to Uglier. Opening Close. . 87*45JT'4 mp3* mi isiii STOCKS REVIEWED B YNEWYORJC SUIs ’ New York, Aug. 8.—The Run sava: llli tiled at the opening «»f the inn . tendency during the first hour wn* strongly upward, so that by 11 o'clock sev oral stock* made new high record* for thf »re*ent movement. There was a better Jedlog In Europe over poll Weal situation, nnd in ijnndrm conaria and Ruaalan Imndi were quoted higher. The resrmptton ol business In laaita bnmght some foreign buying orders n» the opening, but there was a reversal of this position, later sto*k lu-lng unloaded on the advance. There was a continuance or good buying noted In the United Ktntes Rteel Issue* yea- terdav, and n tHirtion of the ahort Intereat w*» forcnl to cover.—Albert & iTay. ,„»w. Jones & (’(».** summary: Americana In London quiet, but mostly rather above *Loiirion mnrket generally cheerful with urlher advance In consol*. Hub way flooded ln«t night below Four teenth street. U*Jlruads will te*t congtltutlonallty uf raliwar rate Mil. Bussiau gorcrnuient Issue* call for new doutnn. j- . .... ({rent Western July earning* largest In company's history. Stocks plentiful In the loan crowd. Twenty-nine roads for fourth week of July show average grow luerease of 14.75 Favorable crop condition* cause check to advance In commodity prices .. / > 1 guidon reports easy money nuffook. United States Steel earnings for July rcro In excess of HW.irt". Fairly advance In lOBMfjr Iron expected. Twelve Industrials advanced .12 per rein. Tnnity active railroad* advanced .13 per cent. Private Wire to (ill»ert A Clay. New York. Ang. 1.—Marshall. Fonder A CV: "Uapreeeilented railroad enrnlnc* nnd splendid cropa will hardly deter pnMtr **n tlmeat. all other thing* being favorable, nml the market has hardened a* a result of these mustderattona. Meantime, by tln sltnpje process of n> ATLANTA MAPKETS. FRUITS AND PRODUCE, orrirl.llv r.irr-ftdl by Atlanta Ftult im Fradon- elrh.i lAinou., Jl.TltibXO. Limes W to i&c. peaches, per crate, ll.fWBA). Plnenppler, ILM'to $2.50. Il.manat, straight*, bu»*ch ILM to $1.76. Cull*, per yntt. $* I* $1-25. hav- filch, wc believe, itended public In terest In th** irndlng." Think ttxlw stock market I* a purchase right here. . . _ . New York Financial Burenn: "Curbing .jf raeculntlon Is indict fed hr pabllr nnd private Interviews with banker* who do not anticipate any stringency In money so le** electee* are committed In the stork market. The flinrket therefora will proba bly remain largely August 87 , 4'?/.Tr4i $7Vf»;W heptember 87 y37Vi 37 • 4/37*4 October WHvXUi ::v/u.TD« November • -* . 3)'ili31 mk<br>K . 39 if 31 30 090% I »eeenil»er COFFEE MARKET. New York, Angust 8.—The coffee market np'-m-il lit :i decline of |U polllls. which was considered a very good showing In view Of the huver Freneli cable*. ' was a goisl doniaud nt the Initial d nnd daring the morning prices rallied. Moat of the loss vrn* recovered nnd In th afternoon only n couple of month* points lower, while the haul Dr** of < In .March.. ,, . April May.. ., .. June July August.. .. September.. 7.01 7 « 7.6ft 7.70 7.05-7.20 7.10-7.15 the list I] Closing 7.10-7. IS 7.15 7.20 7.20-7.25 1M-1X 7,40-4_ 7.45 7 50 7 ftu 7 55 ISM 7.00 7.06 toit.io L. J. ANDERSON A CO.’S DAILY COTTON LETTER. s»w Ynrk. Aue. 1.—Til, fnn-lirn mnrk,t nmlii r»II<vl tn r,«p..n.l fullr to th, ^,.-Iln, In nur mnrkrl. Th, Mw trnil,r» p> ««> th, )<l,a. HDtn for r" nunny yenn, that It la poor policy to *ell cottou In the early dny* of August. Just at the time when. If we are to bare any crap ware* nnd coin plnlnts. they will begin com Ing in. Wr have had favorable weather for the most uf flu erap UP t<> tht* time, hence old eotton people think It very unlikely that this ^ G of affairs will continue thffMgti An- _ Tlie critical period will extend until about the middle of Heptember. nnd al- readv complaints arc beginnlg to come from Texas at to boll weevil, rust nnd shedding. While this la not serious up to this time, a eoutlnuanee of either the numerous ruins or a spell of drouth would prolmblj do a great deal of harm. _ . . . . In the Atlantic state* it I* the best posted person* thnt the yield will tv under last year. !■• addition to this, mder IV the Hontb I* not going to torn lno«e reach cotton until a much larger yield than at present Indicated becomes a certainty. UOuEtHY AND COUNTRY PRODUCE.- /?• hen* £» lo 37Vic; fries 22% to 25e: broiler* 15 to 22^c. Lire duck*, rekla 3J to 3Sc; puddle 25 *o,27V4c. Dressed hens, per lb., 12c ta 13c. Egg*, per dozen, 16 to 16c. Butter, tabic, per lb., 20 to 22V4*?; cook- g. per lb., $8Vkc to 15c. . Honey-New ri/lOc IU; In l ib. rack* 104 _ lock *ol(. act li. or whether beck, make* but iperntnr nnd nh- ' iek I* liHng reconi- G12c. Na VKOKTAIJI.ER -IrDh potatoes, storfc il l.arr,l: No. 1 «iook KM. Old *weet porntoe*. per bushel, tl to $L24; e «vMi i»otntoc* $1.60 Imshel. FLOUR. GRAIN. PROVISIONS. FLOUR-l'osti-l* Patent. $6.00; Dhuoo&d pntent. $54:; Mascoutab Ftnr, I4.C5: fancy paten*. 14.65; Red I’.ncle. $4.40; Bine Ribbon, fancy, $3.90; spring wK-nt pntent. $5.25 danal with mod •rate |oere«sc* In'pnbllr Interest from time to time. Whether It 1* lr~ ■rofit account during *tri »:. I* merely offered ns a \\ tie difference, the dally tee ranee will chow that m c0 ‘red mi strong snot*, nnd we mend that attention he given to the limit Indicated In detailed statement. The policy seem* to Ik* also to force the riprUigo to tnke stuck, a* manipulation I* bnlllshly con- ducted, and In this 'ray Issue* that are over sold will he raised whether or not they r* level. Outside of the It w-cm* wise to ob*ei a* outlined. THE LIVE STOCK MARKET. vhlte. 18 K. ALABAMA GIBERT & CLAY SkrTO*N. auanta.oa. correc. paoviaiowa M CM SCRli New YorV «t«vk R*rh*nM |V»w OrlMiia Cotton Exeh*nge.|ChIc*go Board of Trade. N/sr York k Cotton Exchanf?. New Orleans Kt«-k I.VsUesm i Cot'Jon riThJingl New York Coffeo Exchange |New Orleans Board of Irnd* »*i\e*ton ion n i.x nnugn. Private Wires to all Exchange* to $5 75. fORN—Choice ti-*. -ol*. 76c; No. 2 75e; No. 2 jrJUnr. T4e; mixed. 73c. <— Cnnlco white clipped. 52e; choice white, B0c; choice mixed, 4Sc; iroof, 5ftr. MKAI#— Plain water ground, per bu»hei. <’3c; bolted 140-lb. Jute*, per bushel. 65c; Khorts. white. $1.60; medium. SL40; brown, ♦1.35; pore bran. $110; mixed bran, $1 or>. HAT.—Tl—thy, choice Jnrge ImiIs*. $1.J0; do, choice etnali hales. $1.06; do, No. 1 timothy (wiles, xl; do.. No. 2. $1; do.. No. i clover mixed, $1.00; do. No. 2 closinl mixed, 90c. CIXJYER.—Choice 90?. The above prices are f. n. li. Atlanta, and subject to immediate •'••’eptance. GROCERIE8. MU(1AR—Standard gnmulatod, $S.20. York Refined. 5V*; phintall' err «trang. COFFEE-Roasted ArbnckJe*#' $J«W. •ulk. In bugs or barrels, ktc; green. 13 to By Private I^asod Wire. Chicago. Aug. 8.—Hogs: Eatlamted re- dpta today, r».0r». Mnrket 6 to 16r lower; Texas rust- quality fair: left over, 4.541: bulk. $d.06©6.36; estimated tor tomorrow. 36JM0; light, $6.30 6.(9); mixed. M.'6Q6.55; henvv. lfi.70Jj6.rVx; rough. $S.7it|5.9o: pigs. $5 4^6.25; rtirher*. $6’V,|6.60; g.wf to choice heavy. $6 5oft6.*»i. Cattb*—Estimated receipts. 23.on. Market •teady to a shade lower; qualify fair; .ceres, $3.80ti4.H>; row.. $1.0004.3; heifer*. 8JM(JK calves. $LM0C*5: good prime tei-rs. $5.1506.50; t-wr to wHIan. 6.1ft; stinkers and f«-oder*. $2.4^414.3. Hieep-Estimated receipts. 23,0)0. Market steady; qualify fair; unlive. >2.9005.3; western. $2.9>^iS.3; yearlliiKs. $6 4<j'7.15; lambs. $4.506|ft.®. Hperinl to The Georgian. Newberry, 8. Aug. 8.—One of the largest shipment* of rotton from New berry In several year* was made by Mr. O. MeR. Holmes, a cotton buyer of this city. Twelve hundred bnlea were shipped in one lot, the destination being Liverpool. DIRECTORS CANT MEET\ NO QUORUM PRE8ENT. By I’rlvate loosed Wire. New York, Aug. 8.—It was authori tatively stated about noon today thnt It was Impossible to secure a quorum for the meeting of the directors of the Colorado Fuel and Iron Company, which had been called for today. SOUTHERN EXCHANGE Oldest Established Office South. COTTON - STOCKS BONDS GRAIN Ground Floor Gould flufldlng. Dally market letter nnd market manual mailed on application New York, Aug. 8.—The Bun fays: "The decline of 12 to 16 points In cotton was traceable largely to Southern selling. New Orlenns and the South generally sent large selling rder* In October nnd Decernberpana loral bears took ndvnntngo of tho op portunity to assist In depressing the rket. Commlslon houses which bought on Monday sold out, and there a Inck of support. The stock horn continues to decrease, the total amount In licensed warehouses being 85,819 bales, against 133,080 at this time last year. Huffish crop report* wore re ceived from the Atlantic states, but the complexion of the market changed later on when tlm flouth appeared as a heavy seller. The early buyers liqui dated, Wall street sold, so did spot In- ternsts, wlillo support wns withdrawn-1 The lack of support Encouraged bears and gave rise to tho belief ainonglWhrat some thnt tho operator recently ag gressive nn the hull side had abandon- *•.] the campaign. However, this may lie, sentiment was more bearish tha ever. The futuro of the market hinge Inrgely on the weather. The cessation of the showers fn the Atlantic states and Texas would probably be regarded by many ns a sign for further aggres sive operations for the decline. In any event the weather Is likely to have much to do with the course of the mar ket In the near future."—Glbert A t'Iny. Now Orleans, Aug. 8.—The Tlmes- Dttnocrat: "Headstrong scalpers and unhorsed longs upset the logic al program yester day’s cotton market should have fol lowed nnd the American rings scored a decline in place of the anticipated re- rnvety. The heavy movement >>f new cotton nnd the spreading conviction thnt the crop Is not only fairly early, but quite large ns well are the imme diate fn. tor. underlying the general price pessimism, nnd Kurope must evf- den< <■ an Intention to do business on tho telling scnle In the very nenr fu ture If a further decline in to ho nvold- cd In the nhsence of a crop scare. On the whole, the situation doe* not war rant crumbling vnhies nt this time, though the public Is beginning to sell. The new sciisnn's supply and demand relations are not yet well enough de fined to Justify speculative conviction ther thnn that the bottom, w'herever t tnny ho, will he found well above price Ideas based on ancient logic. nw hlie, the talent is slowly forc ing the price down to a level where the in.In- .-m» nt t•. buy tin Mnpb mu*<t ap peal to the spinner strongly enough to turn the tide of bearish sentiment which I* persistent If not rampant -—Wore A Lei and. $m 314 314 334 344 11.06 14.10 9.1?4 2 2".!'* rd winter. 71«4<f(72Vl CHICAGO CAR LOTS. Today. Tomorrow, PRIMARY MOVEMENT. fnllnnlng figure* give til* pi 1,104,000 bt IftST I.236.IM bushel*. Iiu*t year; ship- -I*, against 74P.W) els Inst fodnr, 310,000 bushel*, mhefs last irar: shipments duds, against 103,000 lu.sh- lilgli*- rbn ng LIVERPOOL GRAIN 'heat oiioiicd 4 higher; 4 hlghe opened unchanged; 1 d: closed 4 higher. 30 p. SOUTH CAROLINAN8 ON TRAMPING TOUR. pedal to The Georgian. Newberry, H (*., Aug. 8 — A party, insisting of \V. O Mays, XV. A. Mc- Fall, Tom Wicker, James F. Eptlng. Dr. James I*. Klnard and Rev. John K. ves. left Newberry this morning «>n ramping expedition fur the moun tains of western North t’nrolfna. It expected to make Hie entire trip* hlch will occupy several weeks, on foot. Mrs. Paul Hauimas. Funeral services of Mrs. Paul Hsus- nn will be held at the residence, 4RT Washington street, at 4 o’clock \V*d- esday afternoon, Rabbi David Marx fllclnlng. The follow Ing will act ns pallbearers: Mop* Blum, Meyer Rsg- ensteln. Lee Kahnweller, Mase Htrauss, lk<- Htrauss, Julius Simon, Abe Green field and Marcus Lt>eb. The Interment 111 be at Oakland cemetery. L.J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Corraspondent’s Capital 1250,000 acfcacNce. THK nkal bank PHONE I4IT. PStJOCNTIAL SLOG LOWRY NATIONAL BANK CAPITAL, SURPLUS AND PROFITS OVER ONE MILLION DOLLARS Foreign Exchange, Travelers’ Checks, Brown Brothers’ Letters of Credit available in all parts of the world. n, n**w Market Market RICE.-Corolla grade. Market CHEESE—Pan according to am dairy, 14V? twin* lb*: brick. I<»\ Market *tr< PUOV IS IONS—Supreme hams. 15c. Imm» 15V- California ham- Ih^c; Bed fr< Il !• - In > will extra rll'H. SU K7; l- l'l Local and Long Dlatanaa Talephone , FAGAN, Miniflir. *T»«r Orttsst. WARE & LELANO COTTON, GRAIN, PROVISIONS, STOCKS, BONDS, ... 1 Will SI.. f.».M B.Hil.,, .Hiata, 0, MUtBUSl ... Y.th tot’.. Uth..,'. Chit.,. ,.tr4 .1 Trt4.. t,w Orl.M, toll.. ltth,.yt. Chit... Slttf lith,..t. liter...; Ce'l.. Aii.tl.ll... *«» '«* Ctllt. l.the.f it/.r*. la htm YcrI. If* Orffa.i. CSUlo*. 6. C. COTHiAS Aftna9*r. MADD0X-RUCKER BANKING CO. CAPITAL $2W,000.00 SURPLUS AND PROFITS .... $500,000.00 ACCOUNTS INVITKD Wo Invite accounts of individuals, corporations, banks nnd bankers nnd offer the best terms consistent with conservative hnnkiihr.