Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, April 05, 1907, Image 11
mm
THE ATLANTA GEORGIAN AND NEWS. FR,nA ' r ArnTT - ■■ rar -
ENGLISH CABLES
WEAKJT START
1 Had a Depressing Influence
on Future's in New
York.
OPENED AT DECLINE
Less Favorable Weather Re
ports and Steady Spot De
mand Caused Recovery.
\ew York. April S.-Influenced by weak-
m Liverpool and rains In Texas, the
j£?l eotionmarkr* — ——
eT i tfin e situation,' which were "lower, al
rfnneh after the call o raid was made on
j b „°J which forced* out some of the cotton
^f'JVdvn’nce'Surlne the morning session
hromrht out realising sales and prices slow.
iTunred In the ufternoou, tho closu being
SttSr net W1 points below the Anal
flriires of TbursdaY.
Bombay w—“- •*“'
NEWS AND GOSSIP
of the Fleecy Staple.
Week's receipts....
Htnce Sent. I”-;'-"
Week's shipments...
slope Sent. 1
Weekly Interior movement^
Receipts ...» g-jg
Shipments
Stocks WS30
Movement Into sight:
Overland week., “
Since Sept. »....«
In sight week..
1907.
1906.
1905.
140.000
2,002,000
122.000
172.000
81,000
1,961,000
eihooS
80,000
1,731,000
26,000
243,000
19.492
118.444
1903.
129,994
140,097
513,079
32,442
852,022
246.700
SPDt 1,... 12,148,705 9,628,618 10,799,817
Bout he NO con.... «,000 44.000 39,000
rompnratlve receipts at all U. 8. ports:
Net receipt* today 16.824
Same day last year
Decrease •*
Total receipt* for the week
Same week last year
Decrease
Total receipts since September 1....9.061,609
Same time last year
Increase J,a»,4l-
Estlmated receipt! Saturday;
17,646
822
106,900
111,600
6,610
1907.
2,500 to 3,500
7.000 to 9,000
6.000 to 7,000
New Orleans
Galveston
Houstou
Movement at Atlanta;
Receipts today
Same day last year.
Decrease
Shipments today
Same day last year
Decrease
Stock on hand today
Same day last year 6.733
Increase 4,s*y
•Corrected: 1,936 bales delivered to local
mills not before reported.
TODAY'S PORT RECEIPTS.
The following table show* receipts at the
ports today, compared with the aame day
last year:
New Orleans. ,
Galveston. . .
Mobile
Savannah. . . ,
Charleston. . .
Wilmington. •
Norfolk. . , .
Baltimore. . .
New York. .
Host on. . . .
Brunswick. . .
Newport Nows,
Pacific coast. .
SPOT COTTON MARKET.
Liverpool, steady; middling uplands 6.03d.
Atlanta, quiet; middling 10ll-16c.
New York, quiet; middling 11c.
New Orleans, Arm; middling 10 9-16c.
Norfolk, steady; middling lie.
Boston, quiet; middling lie.
Honston, steady; middling 1013-16c.
Memphis, steady; middling 10%c.
Galveston, Arm; middling 1013-16c.
INTERIOR RECEIPT8.
The following table shows receipts at the
towns today, compared with tho same day
last year:
Special to Tho Georgian.
(From liny ward, Vick ft Clnrk.l
New York, April 5.—J. S. Bacbe ft Co.;
Liverpool was due %01% up on near nud
1 up on distant. Opened quiet %01 point
decline. At 12:15 p. m., was quiet, net %
up to 2 lower on near and 203% lower on
late months. Spots quiet at 3 advance; mid*
dllng uplnmj 6.03d. Sales 7,000; American
5*100: speculation and export 600; imports
24,000, all American.
Port receipts today estimated early nt 22,-
000. against 25,172 last week, 16,843 lust year
character of the buy*
Following are 11 a. in. bids: May 9.51c;
July 9.60ct October 9.88c; January 9.08c*.
New Orleans, April 5.—Hayward, Vick &
Clark: Map show's extensive rains nearly
throughout the belt, which rains moderate
ly are beneficial, but Indications are that
n severe cold wave will strike the north
central and eastern states, nud this may
cause some paying and further mauIpUlu-
tiou by New York. ,
The Times-Democrat: “The market Is
narrow enough to retain enthusiasm; spot
Edited by
Joseph B. Lively
I MARKETS
Mr. Lively’s twenty-five
years’ experience of ed
iting markets In Atlanta
and the Louth has made
him a recognized au
thority In bis specialty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
TIPS FLASHED
From Wall Street.
NAME OF STOCK.
indefinite enough to i
port either locally or by outside. Tho buy
lug ypMterdnr by Mitchell, Clifford a~ ’
Hiorunn Is said to have covered Hue of 25,*
that they were short.
Kenlizlug caused market to hesitate. W<
will gradually see much higher prices.
ATLANTA MARKETS,
FRUIT AND PRODUCE.
EGOS—Active, 14c.
LIVE POULTRY—Hens active,
each; chickens active. 35045c each; ducks,
Pekin, 35c each; puddle 25630c each; geese,
full feathered. 63c each: turkeys active
c pound. '
DRESSED POULTRY-Geese, undrawn,
active, lO012%c pound; turkeys, undrawn,
active 18020c pound; fries, active, 18029c
pound; lions, 15c pound.
PRODUCE!—Lards, 10c pound: bams, ac
tive, 15c pound; shoulders, active, 9c pound:
sides, active, 10c pound; butter, active, 15
022Vie pound; beeswax, active, 25c pound;
honey, bright, active, 8c pound; honey li>
1-pound blocks, active, 12c pound; dried
apples, 6c pound; white peas, active, 32.25
bushel; Indy peas, $3; Stock, *11,750115.
FRUITS—Lemons, fane^ Messena, 33.23®
31; straights, 31.6002. Pineapples, Priori
‘ tk, per crate, 33.00. Oranges, Florida
owing to size and condition on ar
rival, per box, 33.6004. Apples, choice Ben
... New York state ar
Davis, $4; fancy, 34.50; New York state sp
ies. winter varieties, choice, per barrel,
■'4.50: fancy 35. Cranberries, fancy dark
icy,
er fc
ictfve, 31*40 bushel; Irish potatoes, sc-
No. 1. 90095c bushel; celenr, fancy,
TW „j bunch; peppers active, 3202.50 crate;
kra, six baskets, small, 33 crate; ”
Cape tods, per barrel, 312; Jerseys, 311.
Grape fruit, Florida stock, owing to size
and color, per box. $3?j3.50. Limes, Flor
ida stock, nor hundred, $1. Peanuts In sack,
averaging 100 pounds each, owing to grade,
per pound, 607%c. Strawberries, lO012%c.
VEGETABLES—Beets, cabbage, crates,
active, 33 crate; cabbage, standard crates.
2%c pound; cabbage, barrels, 2%c pound;
egg plant, active 32.50 crate; cucnmbers,
$2 crate; tomatoes, fancy, active, 32,60;
itatoes, new crop, 19.00 per barrels; onions
five. *
78085c
•kra, six basket*; small, 33 crate: cat
Jower active, 8010c lb.; lettuce, headed, .
tlve, No. 1, 80086c bushel; celery, fane;
Too bushel; sweet potatoes, wh
active, 60c bushel; xrnut, half-ba
25c per quart; beans, 33 crate; English peas,
! 2 crate.
GROCERIES
RICE—Jap r.'u.vic; head e07c; fancy head
A07, according to the grade.
CHEESE—Fancy fall cream dairy, 16%c
*T?u8ft85itftiidard granulated 33; New
C^OFFE^koStef'ArbncSbwIfHi: bulk In
are and barrels, 12c; greeu 11012c.
Shredded biscuit, 35 case: No. 2 rolled
oats. 33 esse. Sock grit a. 96-ponnd ban.
11.75. Oysters, full weight, 32 case; light
weight, $1.10 case. Evaporated applea, flic
pound. Pepper, 18c. linking nowd^a, 35
tose. Red salmon. 35 wise. Pink salmon.
$4.35 case. Cocoa, 40c; chocolate, 33c: afiuff,
1-poun 1 Jars, 48c. Roast beef; $2.GO cose
Corned l»eef t $2.60 cose. Catsup, $1.90 case.
Sirup, New Orleans, 36c gallon; corn,
gallon; Cuba. Jftc gallon; Georgia Cane,
Bale. 100-pound, 50c. Axle grease, $L75. Soria
erackera, 6%c pound; lemon 74c; oyster 7c.
Barrel candy, per pound, 6c; mixed. P«r
pounc. $%c. Tomatoes, 2-ponnd, $1.90 caser
8-pound, |2.25. Navy beans, 32; Lima beans,
6c. Best matches, per gross, $1.66. Macs
rwnl, 6%07c per pound. Sardines, mustard,
$3.23 cniS! rotasb. MOMI case. Peanuts.
76c. Rope, 4-ply cotton, 18c. Soap, $1.6004
case.
OUR, GRAIN AND PROVISIONS.
HAYWARD, VICK A. CLARK’S
DAILY COTTON LETTER
New Orleans, April 5.—Cotton opened
wrier on a disappointing Liverpool, where
futures were nlmut 3 lower than due and
rather general rain* In the bolt. The mar
kets steadied later on the usual professional
support, a relatively small lnto-slght estl*
tuate, storm news from tho central states,
Indication* of another cold wave for the
eastern portion of the lieft and anticipation
•••f a bullish supply statement tonight, which
Induced short* to cover and to buy. They
Wp re also Influenced by t||e scarcity of
tenderable eotton. Today Is revision day
a,! 'j tb'* differences between low grades
n»'l middling may l»e wldeued further. The
•P°t market Is quiet, only some scattered
business which gives out ns soon ns futures
Weaken elm whig that It Isn ot genuine
mill demand.
Moderate to heavy rains occur**! during
*{*•• past thirty-six hours In nearly nil the
•fate*, a severe rnln and wind storm Is
pswlng south-northeast want throughout the
'•It*., Clearing and colder weather with
possibly frost temperatures' In the nortli-
wnk.'. rn pop M oll> te indicated to follow In Us
New York. Apt.. .
•otfon eased off on absence of speculative
rapport. influenced by lower prices In Liv
erpool Foreign markets did not respond to
m,r advance «f yesterday. In fact, there
was a feeling that the strength In jester-
22 t market was due almost entirely to
of weak shorts, and It was the
preyaHIn^ opinion that the advance was
utiiiz«*,| to put out short eotton In the
Liverpool market this morning. There were
rain* In Texas list night, and this also
na.i a dampening effect on null speeulitlon.
Iff*. r f**clpta todsy were estimated at-22,*
w bnb*,. against *172 teat week. The
was very narrow and there was
I**? Httle buriues* doing. We are Inclined
to favor the bear side of the near mouths,
b' Ueve that there Is too large
Htrition apparent, and
dny approaches, we think
KO. Z yuiow, ooc; im*ru, W,
white, 6Cc: cracked corn, per bushel, 70c.
CHICAGO CAR LOTS.
receipt* of main In car lota today
follow's r * c *'Pte for tomorrow are a»
*• T0D if'
26* *16
hod MOW 10030
MEAT,—rinln, p»r 9«j>oiinil Htta, 67c:
plain, 4S-pound incki, SSc; plain, 20-pound
•YlAY^rimothT, cboica larao balM, ll.M:
do choice .mall Jbaloa jn,2!l do 1 NaTttalril
Imlca. 11.28: do No. 2 third bale. 11.20; No.
1 clover, mixed, $1.20; choice prairie $1; her-
BSSlSltt&sIbtMlM. Ml
PROVISIC N8.
jest a "sm , ^ b# w
compound, OHc.
Dream. 7c ponnd; annppcr, 10c ponad;
trout, 7c pound: bine Bah, >c pound; P®™;
nano, »c pound; mackerel. 1244c l>ounil:
mixei Bah, oc pound; fraah water tront, 90
lOc potind; Florida .had roe Me; buck, 10c;
Oeorgla atad roe, 40c; buck, ISc each.
THE COFFEE MARKET.
New York, April 5 -Followln, are coffao
lllme 10 a. m.-Market quiet; adcancoil
'‘na r S.”m : n E"io h . 1 ^M.rket up % pfennig;
■tbarJwrw ••«•■•
nl ^l> e, Pa*mo reealpta, *1.600; Jnndlahj re-
”SXZ following flgurea glv# the opening
rawe iSlTlo* ortbe flew york’Sffa-
market for today
January .
February
Marrh ..
April
Mar
June
July .. .. •* *»
August,
gepteiuber .. ••
October
November .. .»
Deeemlwr •• •• •
Closed steady.
.. .
Opening
Range.
..5.75 5.90
..6J0-8P0
. .5.85*8.90
..5.85*6.86
..5.90400
5.80495
.. .. . .5.80*6.95
1 6.764.86
5.754.80
6.764.85
6.704.80
. 5.764.85
Hales 8.500 Itfgs.
Closed
6.754.85
6.754.80
5.754.85
5.854.96
6.854.95
6.954.K
5.764.85
6.764.85
kSiS
5.734.80
6.764.80
ALONZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building. Bell Phone. Main 8:4
*TLANTA- GEORGIA.
Anaconda . . . .
American Locomotive.
do, preferred ....
Am. Smelting Ref. • .
do, preferred ....
Atchison
do. preferred ....
American Cotton OIL .
Am. Car Foundry . . .
Baltimore tk Ohio . . .
Brooklyn Rapid Tran..
Canadian Faclflc . . . .
Chicago and Nortbw’n. .
Cheanpenko A: Ohio . .
Colorado Fuel & Iron.
Ceutral Leather ....
do, preferred
Chicago & Great W. .
Chicago. M., Jc Ht. P.a
Delaware Sc Hudson. . ,
DUtlller’a Securities. .
Erie
do, preferred ....
General Electric . • •
Illinois Central ....
Am. Ice Securities . .
Louisville A Nashville.
Ilsaourt Pacific MB
Total stock sales 1.391,900* share*.
It
*t
b'j 1 j
NAME OF STOCK.
N. 1’.. Ont. A \Y, . . .
National Lead. . . • •
Northern l'uclfic. . • *
Now York Central. . •
Norfolk & Western. • •
lVniiNvlvaiiia
People’s Gas. . . . * •
Pressed Steel Car. . •
do. preferred. . • •
Pacific Mall
Reading.
Republic Steel
Bock Island.
„ do. preferred. . . •
United States Rubber-
do. preferred. . . •
Southern Pacific. . . •
Southern Railway. . . •
do. preferred. . . .
Teun. Coal & Iron. . .
Texas A Pacific
Union Pacific
United States Steel.. •
do. preferred. . . .
Va.*Car.CbemlcaL . • .
do. preferred. . • .
Western Uulou. ....
Wabash
do. preferred. . • .
Wisconsin Central. • .
do. preferred. . . .
NEW YORK.
April. .
May.. ,
June..
July.. ,
Aug. .
Hept. .
Oct. . .
Dec. .
Jan.
Closed steady.
NOTES ON GRAIN.
Pointers on Provisions.
Special to The Georgian.
(From Ilaywarq. Vick ft Clark.)
Chicago, April 6.—Bartlett, Frasier & Car
rlrtgton: The strength shown by cables will
S ve the wheat bulla courage again, and we
ok for n higher market today, at least nt
Buy July, or September.
* win tie
larc
Co... .— .
chases on the reactions.
Oats will continue erratic. If these re
ports from the southwest continue some
advance Is -possible In tteptember.
The Chicago Evening Post: Message to
TIulbert*Warren from Kansas City reads ns
follows: “Reports Juat in from Orlando,
Okla., say 90 per cent of wheat destroyed."
One from Edmond says: "Wheat all gone/
Another from Mulhall says: "All gone."
Guthrie, Okla., wires: "Complete loss."
N. K. Falrbauk Company's compilation
of the changes In the world's stock of lard
since March 1 shows a decrease of 8,401
tierces, and the present total of 23L312
tierces, according to the statement. Is 10,
271 tierces less than It /was April 1, 1906,
and 91,206 tierces less than the total shown
at the corresponding date In 1906. The
Ilately Bros.’ statement make* tho tie
crease since Mat^ch 1 6,666 tierces, and the
deficiency iu the total compared with April
„ 1906, 9,596 tierces.
W. 8. Warren, of Hulburd, Warren
Chandler, said that as far ns conceroed tb*
wheat fields that can lie seen on* both sides
of tbe Pen
state lines ..——... —-
they will not have n half crop of wheat.
Brooinhall cabled from Liverpool: “The
sharp advance In the Budapest market la
probably due to the peasant uprising and
..... -•-«— t 0 shipment!."
, says: “We will lie luck/
In these'parta to get a half crop of wheat.
Five counties I have been over I think
will make only 40 per cent of
_ uf.
p,r cnt. Many
up their who«t.
C. A. King Si Co., Toledo, wired the fol-
lowing: "Ohio April report: Wheat condi
tion, compared with mi nrer»*e, *7; laat
December. *•: l«.t A**- 11 101 At harveit
„t year 93 and crop
erage Mwn nlmut ------ —
mount In farmer, hand*, *,*00,000
M."co": _ itnndnrd patent t<25;' half patent el.; year ngo, 6,W».nW liurtel.; government
Ml .PriM Wheat patent «. March eattmate. 18,000,000 ha.hel., Condi-
* COHN—Choice white, 67c; No, 2 white, Me; lion of corn in crib, M; y«r >jo, K, a*er-
2 yi.llow, 60c; mixed, «c; Tenncawe, ago condition, SO; year ago, »8.
_ A--.2. —- ... •—.*>.1 en. ^fi'lre from l'nnione, Kant.. »»y. that
bug. are In flelda there. Looka a. though
they bad Just atartrd to work. Thla la
10 mile, from Newton, and In an excellent
rater Company, El lleno, Okla.: ••Wa i ci-
tlmate damage to wheat at 40 per cent.
Hoyt, out examining crept Southwest for
./ il. fgiice & Co., re porta buga working In
flelda in 1’nraona, Kana.
It la reported, the Erie canal will ho
opened on the 25flt. but a petition haa been
signed by a large number of the lead ng
grain hoaaet In the large markete asking
that thla opening be made on the 13th
which may In* done.
Captain J. M. Vhllllna. of Newton, Kent..
tho well-known •peculator, wired: "There
' nlutolv no damage here; *hcat looka
ini*-, at thla action than I erer »aw It.
Data nil up and corn planting la general.
A rain would help, but we are not auffer-
Ing."
LIVERPOOL.
Onenlug rrcvlnus
Range. 2 p. tn. Close. Close.
5.63V6-5.64% 5.64% 6.66 5.68
...5.60%4.«% 8.C2
...5.62 4.62% 5.62%
April
April-May
May-Jane
June-July ...5.60%4.61 __
July-Aug. ...5.60%4.60 5.50 5.61 5.61%
Aug.-Sept. ..5.69 -5.57% 5.57% 5.58% 5.59%
Sept.-Oct. .. L .... 5.56 5.57%
Oct..Nov. ...5.56’ 4.84 6.63 6.53% 5.56%
Nov.-Dee. ...5.65%-5.52 5.53 5.52%
Dec.Jan. ...544 4.63 5.54 5.52%
Jan.-Feb. ...5.54 .... 5.54
Closed steady.
5.62
5.62%
5.62
6.61 r
5.56
5.66
6.67%
NEW ORLEANS.
April. .
May.. .
June..
July., .
Aug. .
Sept. .
Oct. . .
Dee. . ,
Jan.
10.14
S3
Closed quiet aud steady.
110.23 110.29
10.22 10.22-23 10.2940
10.26 10.24 10.11-33
10.26 10.26-27 10.34-35
10.22 10.29-30
,10.18 10.25
10.16 10.16-17 10.33*24
10.1? 10.1710.17-18 10.24-25
‘10.23-26 10.3243
BUG DAMAGE BEPOBTS
C01TI1UET0 COME II
They Have Little or No Ef
fect on the Wheat
Market.
--- -Jiy. Tlie snow report was the
leading bull help In wheat, snowing heavy
losses to the plant In the southwest. There
were many other reports of damage, and
they all cut n swath iu the matter of
price making. Corn closed %0%e higher
onta up %c; hog products gained 7%c. **“*
uiary receipts of wheat 672,000 RiinIu
corn 775,000 bushels, cnmpariHl w$th
bushels and 363,000, respectively, a year
ago.
> Clearances of wheat 248,000 bushels, 327.
000 bushels of corn and 21,000 bushels of
oats.
Clearances from both coasts
esk 3,500,000 huShels wheat and 2,917.000
>ru, compared with 2,156,000 and 3,104,000
bushels, respectively, n yenr ngo.
-Cash sales here 18,000 bushels wheat, 100,
000 bushels of corn aud 125,000 bushels of
oats.
CHICAGO GRAIN MARKET.
for today :
WHEAT-
May
July
Sent
CORN-
May 45%
July 46%
May.... 42
July 37
8cpt..„ 33
I’ORK-
Mny.. 16.00
July... 16.05
LARD—
May.*. 8.82%
July... 8.95
Hept... 9.06
RIR8—
May... 8.80 8.66
July... 8.77% 8.82%
Hept... 8.82% 8.87%
k
pin
SS H «- ^
33% 33 33% 32%
9.12%
8.85
8.95
9.06
8.KU 8.W
#.«8 S.D7H
S.Uii 9.00
8.6:14 s.621
8.80 8.821
8,8714 8.871
WEATHER FORECAST.
North Carolina. South Carolina, Ooorglj-
Itnln tonight anti probably tomorrow, ooldar
,0 SEatmI‘Florida—8howett tonight and Sat
Saturday fair and
cloudy and
Wont
Waatern Statea-Oonarally
colder.
WEATHER IN COTTON BELT.
T.xaa—Waco cloudy nnd cool; high north
wind. Temple clcnr anil cool with north
wlud; rain yctorday afternoon. ”—•—
dear anil cool. Taylor clear an. m«ub
with north wind: no rain. San Antonio and
Anntlu clear ami ctvd. Ilouaton clear, cool
nnd windy. Fort Worth cloudy and cool,
Dalian clomty, cool nnd windy.
Mlnnlnnlppl—Nntrbct partly cloudy; talk
ing rain laat night. Vb knbnrg gewd rain laat
night; now cloudy nntl cool Tupelo tin;
llaxlchurat raining bard; Iwcn mlnlug all
the mornlg. Meridian threatening and
Pl f!o”uiVitn^Shn vortort lionl rain laat
night: now clnody and warm. Monroe
partly cloudy and warm; bard rain laat
night.
COTTON SEED OIL MARKET.
Following la given lltc opening and dot;
lag qtiotatb
oil market.
July. . . .
September.
OctoWr. .
December. .
Closed steady.
CLEARANCES.
TEXAS CROP PRACTICALLY
DESTROYED BY GREEN BUGS.
8t. Louis. Mo., April 5.—Modem Miller
crop outlook: Reports from millers In
the winter wheat territory, covering the
gnu, Oklahoma and Texas. In other states
the damage Is exceptionally small. Most
millers say prospects arc better than us
ual this time of year. The recent heavy
frosts have mused apprehension, blit no es
tablished dntnngo Is revealed ns yet. Green
bugs have udvuiiced northward Into south
east Missouri. This pest has practically
deetroyed tho crop of Texas, and the area
of damage Is expanding iu Oklahoma. Dry
weather Iu tbe southwest and west. In
cluding Nebraska, Is creating apprehenslou.
NAVAL. STORES.
Itosln^Snn; aafes. 1,276; receipts, 252; ship
ments. S53: water-white, 35.60; window glass,
33.59; M, $3.40; X. $5.25; K. 35.15; I. $4.70; H.
<>. *4.40; F. H»; B, I4.X; D. M.CS4;
C, *4.10.
NORTHWEST CARS.
WEATHER REPORT.
STATE FORECASTS.
<uiuniu;i twiner oniunjej,
South Carolina—Rntu tonight and on the
WEATHER CONDITIONS.
of small areas of high and low barometer.
The pressure has decreased rapidly on the
Atlantic ...coast. In tbe south and In the
Rocky Mountain region.
Cloudy weather covers almost tbe entire
map nnd precipitation has occurred at a
number of stations. Rnln was falling nt
Mobile, Memphis, Nashville, Knoxville, Buf
falo, Boston aiul I’ortlnud, Me., this morn
ing. The falls have been greater In eastern
Texas nnd Arkansas.
At stntlou* Iu tbe Atlantic coast and east
S uf states the temperature bns risen In the
st 24 hours, while In the Ohio valley, the
lake region and southeast Into Texas It Is
colder.
The eastward drift of the low now cen
tered over the lower Mississippi valley will
favor rnlu In thla section tonight; fair and,
colder Saturday.
Minimum and Maximum Temperatures
l and Rainfall.
Observations taken at 8 a. ro., 73th merld
Special to The Georgian.
(From Hayward. Vrck ft Clark.)
New York. April 5.—J. S. Bacbe ft C<
Americans in Louden show, average <!
dines of from % to *; of a point. T
Bank of England's reserve is the kmc
percentage reported nt this season for sc
oral /ears, and the Bank of Franco Ir
gold holdings last week of 4,600,000, will
Motes nnd bills discounted Increased. This
te nil Iu contradiction of a gain since last
I' rlday by our banks here of $10,000.00) in
£««h from the sub-treasury, and a total of
322,000,000 as a result ot< Mr. Cortelyou’ -
measures.
The dls<
gnrded uo .
ket an a whole.
condition of that road.
We understand the United States Steel
dividend will not ho Increased rtn the 16th.
Itnllwny nnd other bonds aud notea are
active nnd at higher prices.
The HIII-Morgan railroad Investigation by
the Interstate commerce commission Is In
definite
New
best bets, according to high grade profes
sional sources, aro St. Paul, Northern Fa-
clfle and Groat Northern preferred In the
order of their naming. We may add that
the technique Is strong nnd the tendency
rallying.
If Amalgamated could take the 96 offer
ings we would hot he surprised to see It
cross par soon thereafter.
Bull talk coutluues to circulate on Smelt
ing, with the 10 per cent dividend rumor
pre-eminent.
Reading may be bought on moderate re
cessions for turns, showing a gradual reduc
tion of offerings 110 and 111.
Union Pacific must take, the 140 offer
logs before It can do much better. In ac
cord with a minor of n drive nt the shorts.
Missouri Pacific continues to display i
strong rallying tendency.
Good buying 1« reported In Atchison.
Bull tips were reported yesterday after
noon on Baltimore. ■■■■■■■■■■■■
Brooklyn may be bought for tnrna on re
actions only.
Offerings atH B
York Central Just ubove the levels reached
Thursday. If removed these stocks would
do better.
Southern Pacific Is well tmught.
Most other actives are sympathetic.
Town Topics: Developments of Impor
tance have created a much better feeling Iu
the street. Money market considerations,
the continuing gains of the Imnks in their
3 c’s remarkable February
tigs must not be disre
garded as factors of Importance. Indeed,
sure, will do very much better. At tbe
moment, however, though the upward move
ment may be carried a little further, tbe
elimination of the shortage has created
n technical weakness which the l>ear part/
will doubtless take advantage of, especial
ly as heavy offerings ore to be expected
arouud present levels, consequently we ad
vise awaiting for sharp reactions Iwfore
buying such stocks as Union nud Southern
Pacific, Ht. Paul. Atchison, the IIIII Issues,
Pennsylvania. Louisville. Atlantic Toast
Line. General Electric. Locomotive, Sugar
and Lead. We do not suggest tbe purchase
of the Steels and Coppers, as we look for
Irregularity In^them In connection with fur
ther demoralization In the metal market
and tbe talk of business reaction.
For Investment, we think well of Twin
City nnd Detroit United, but the local
trnetlon stocks are subject to s ich pro
fessional manipulation as to make them
quite dangerous speculation.
Take profits iu cotton on bulges of 100
15 points. . _ / .
Buy wheat only on reactions and for
turns.
AMERICANS HEAVY
Weakness in That Center
Was Disregarded in Xew
York Market. r
VERY STRONG START
Prices Were Carried Vigor
ously Upward, Only Few
Declines Showing.
New York, April 5.—The general theory
underlying today's operation* on the stock
exchange-was that ou technical conditions
n sort of reaction was due. A further ad
vance at the opening this mbrntng brought
the active speculative leaders at :t level
where they showed safe* of 10020 point•
from Inst month's low level*. Practically
All of this rise had been accomplished In
the eight business da vs daUiifc from test
Tuesday week. During the early part of
tho session the dealings had every appear*
anee of ail extensive profit-taking move
ment carefully disguised |, v eontlmmi
heavy buying of a fow selected Issue*. All
the stocks with which the Hnrrbnnn-Unlon
Pacific I* Interest.m1 were conspicuously
strong. Houthern Pacific nnd Baltimore nn<l
Ohio made gains of 2 point*, while others
less conspicuous made smaller gains.
New )ork, April 5.—The stock market
continued Its upward progress nt the open
ing, with gains running from %01% quite
generally recorded. The Hill stocks were
tbe strouegst on the list, both Great North-
and Northern Pacific showing initial
gains of 1% points. Union Pacific ndvnucetl
full point.
MONEY AND EXCHANGE.
Posted rates:
4.86, with netunl business In bankers'
at |4.852O04.ft25 for demand and $4.Sl254f
4.8135 for slxty-dny bills.
Tominerelnl bills CU7.
Bar sliver 64%c; London bar silver steady
and unchanged nt 391-16d.
MINING STOCKS.
Boston, Mass.. April 5.—Opening stocks:
Trinity 22%: Callfornln-Arlxonn 161; Shan*
uon 1»; North Butte 91%; Wolverine 110**.
THE LONDON STOCK MARKET.
8TOCK8-
ATLANTA
Abilene
Amarillo
Asheville
Augusta
Birmingham. . . .
Bismarck
Boston
Buffalo
Charleston
Charlotte
Chicago
Cincinnati.’ ....
Corpus Chrlstl
Davenport
Dodge City. «...
El Paso. . . I.. .
Fort Nmltb
Gslyestou
Havre
Huron
Jacksonville. ....
Jupiter •
Kansas City. . • .
Key West
Knoxville
Los Angeles. . • .
Macon
Memphis
Meridian
Mobile
dontgomery. , , / ,
Nashville
New Orleans. ....
New York
Norfolk
North Platte. • • .
Omaha
'slestlno
iMttsburg. .....
’ortiann. Me. . . ,
Portland. Ore. . .
Rapid City
Ht. ItOlllS
Ht. Paul
Han Frnnclsco. . . .
Hnvnnnnb
pokane. . *
-mnpa.
Toy lor
Thomnsvllle. , . . , .
Vicksburg.
Washington. . • . . .
Wilmington
52
60
s
68
62
::t
69
M
! qo*
Section Director.
THE LIVE STOCK MARKET
Chicago. April 5.—Hogs—Receipts 16.000.
u?UaJIMB5«» W-. 70 ®!,#?;
OM9: forkcra j
Ut nvy fc.SMi6.90.
clattlo—Itpwlnt* WOO. Uarkat ataadr;
twevra 94.2*676.70; calve. IS.ae7.60: flood In
prim., ateera 65.SOQ6.7S; poor to medium HA
6)5.40; atorkcr, anil feeder. *2.8*67*.
Sheep— Receipt. S.000. Market .Iron* to
—I6e hither; native tl.60a«.bt; wc.tcrn
M 0C*.6* t : rc«^llnt8 g H6<X)lsi^ lamb. S6.260
pip 66.10
to choice
HAYWARD, VICK & CLARK,
COTTON. STOCKS, BONDS, COFFEE, GRAIN AND PROVISIONS.
Carondelet and Grovler Sta. New Orleana.
M EMBERS.
I Near Orleans Fatore Broker.' AMOclaUM.
| Sex Orle.o. and CMcaci Hoard, ot Trad*.
I New York fortee Exch.n(*.
I AMOClata Meuihdr. Mrerpool Cotton Am A
New Orle.o. Cotton Exchnnse.
New York Cotton UxrbaiiKe.
GalveatOD Cotton Riehanse.
Uouatoo Cotton Kxchanee.
New York and Chlcnito Correspondents.
J, •. BACHE & CO M AND BARTLETT, FRAZIER & CARRINGTON.
PRIVATE WIRE3 TO ALL POINTS.’
Wheal 31,000 bushel., fl-mr 9j* hu.hela.
eorn CT.VtO bmbels. **1" 2>A» Im-luN,
wheat aud flour cuual buabcla.
U H. Fairchild. B. A wfc
L. H. FAIRCHILD & COMPANY.
NEW ORLEANS.
** Msmberat
Sew Orleans Cotton Exchange. New York Coffee Exchange,
New York Cotton Exchange, New Orleans Board of Trad* %
New Orleans Stock Exchange, Chicago Board of Trade.
LIVERPOOL COTTON ASSOCIATION.
Private wire* to NEW YORK nni CHICAGO. Orders solicited fat I
tare 4#livery, oa above Exchange* D. C. COTURAK.
OUTLOOK IN THE SOUTH
IS MOST PROMISING,
The Ntfw York Commercial: The demand
In Jobbing quarters was still further In
creased yesterday by good orders which
were reported as having been received from
Houthern retail houses. Beveral representa
tive* from the Houth also appeared In the
market during the day, and these buyers
report that conditions In their home towns
are excellent, with the outlook most prom
ising for a large spring nnd summer trade.
The only fear of anxiety which theae buy
er* seem to hare te with regard to supplies
of goods. The mills, they state, arc vyry
slow In delivering orders to Jobbers, and
the Jobber has not been lb ft posltlou to
live up to his contracts or to obtain suf
ficient supplies with which to meet orders
which retail houses are now placing.
prominent buyer from New Orleana
who arrived In this market yesterday stated
that on his way from the South he stopped
at Baltimore, then went to Boston nnd
also to Philadelphia for the purpose of get
ting goods and seeing what the sltnatlou
was. He had been told before leaving for
New York that stneka were decidedly abort
here, and that Jobber* were not In a posi
tion to make prompt shipments. Hlmllar
conditions, he stated, existed In tbe cities
visited, nnd Jobber* there could not nrora-
Ise deliveries of much In the way or spot
Anaconda
Atchison *
Baltimore and Ohio ...
Canadian Pacific
Chesapeake and Ohio
Erie
do, preferred
Great Western
LonisviuMH
New York Central
Outarlo and Western
Pennsylvania
PHtlnd ‘ •
Rock .
Southern HtcUte M
Houthern Railway ..
Ht. Paul
Union Pacific
United States Steel
do, preferred ....
Wabash, preferred .
8TO&K8 AND BONDS.
.. Is how almost Impossible to obtain
anything In the way of apot t aupplles Iu
ualltles poorer. Buyers —__
.hurt of supplies and will shortly be In this
market for large lots after the aummer
trade open* up In earnest."
LIVERPOOL GRAIN.
Wheat opened steady to % lower, and st
1:» p. ro. unchanged to % lower. Wheat
closed % higher. Corn opened unchanged
and at 1:39 p. in. unchanged to % higher.
Com closed % to U higher.
Georgia 4%s. 1915 112 113
Georgia Railroad 6s, 1910 106
Hahannnh 5*. 1909...,. l f '2 103
Macon 6s, 1910 107 ...
Atlanta 5s. 1911 103
Atlanta 4%s. 1922 107 msH
Atlanta 4s. 1934 106 107
Atlanta and West Point 163
Atlanta and West Point Debts.. 1W uo
GVorela. I.t ioc'omc..'.’.’ 83
do, M lav... 77
Ausmlfi anil SAVnnnob 116 118
Boathwv.t.rn 116 118
U.orsla l'nclfl?, lit 113 114
SENATOR HALE'S CHOICE
GET8 FEDERAL PLUM.
Waahlngton. D. C„ April *.—O. Otla
Smith of Maine, haa been named di
rector of the United Staten geological
eurvey to euccaed C. D. Walcott, made
•ecretary of the Smithsonian institute.
Smith is venator Hale's choice.
ROf.lE TO HAVE EXHIBIT
AT JAMESTOWN EXPO.
Special to The Georgina.
Rome. Ga., April *.—It haa been defi
nitely decided that Rome will have »n
exhibit, and a room In the Georgia
building at the Jamestown Exposi
tion. A aum sufficient to insure a
good cihlblt haa been raised. The
Merchants’ Association has decided to
move its headquarters to the Exposi
tion.
Invited to Conference.
Mayor'Joyner received an Invitation
Friday morning to attend the Interna
tional Peace Conference to be held In
Waahlngton, April 14-17. The mayor
was aaked to appoint n committee of
five cltlaens also to attend the confer
ence. The matter Is now under advise
ment.
New York. Boston. Chicago.
Baltimore. Atlanta. New Orleani.
Washington.
San Francisco.
Philadelphia
London.
The American Audit Company
100 Broadway. Now York City.
F. W. LAFRENTZ, C. P. A., Pres. G. E. MANWARING, Vice Prae.
THEO COCHEU, Jr., Secretary.
Tho American Audit Company, chartered under the laws of New York.
Is empowered to examine the affairs of. and make reports upon tho finan
cial condition of private and public concerns for directors, officers and la*
dlvidualB. The preparation and Installing of systems a specialty.
ATLANTA BRANCH, 101G-1016-1017-1013 FOURTH NAT'L BANK I3LDQh
0. B. BIDWELL, Resident Manager.
Telephone, Main 872. Cable Addrete, Amdlt, New York.
FRANK HAWKINS. PretUl-
R. M. ATKINSON. Vlre l'miMcnt.. THOMAS
JOSKFII A. McCORD, Vtee-1'renlcl.at.
Third National Bank
Capital - - - - $200,000.00
Surplus and Profits $373,000.00
DR. A. W. CALHOUN.
MILTON DAKOAN,
JOHN W. GRANT,
II. Y. McCORD,
omecTORSi
FRANK HAWKINS,
II. M. ATKINSON.
JOSEPH A. McCORD,