Newspaper Page Text
t
.THE ATLANTA GEORGIAN AND NEWS.
SATURDAY, APRIL ». IK7T.
COTTON WAS FIRM
TRADINGJfAS DULL
Strength Was Due to the
Bullish Week-End
Figures.
NEWS AND GOSSIP
of the Fleecy Staple.
WEATHER ADVERSE
Liverpool Was Strong and
Both Spot and Futures
Scored Advances.
York, April 20.—The cotton market
M^ne<l falrlv active. There was further
v^J-rlnc of nearby months. Impelled by firm
Hihlef and bullish week-end figures. The
cro p months advanced on cold went'
^Tbere hi? bsen creator activity In
rotton markets this week nod. prices have
made n further advance. The movement
haa been largely speculative. Trices have
ad vs need tblS week from 10 to 20 points,
«hlch make* n maximum rise of over 20 to
at Mints In the last fortnight nnd about 30
Til *45 points from the low revel of three
weeks ago. This la equivalent to a total re
covery of about 12 per bale in prices from
tin* depression caused cliiefiy by the nntl
ISdou legislation. The demand from spin
nine interest* for spot cotton has been
r if kins op and ns a consequence the ad-
Ttnce developed. Thu spot markets through
out the Hontn bare beou showing a gradual
adrsoce from the tendency during the nnst
7,* weeks, and are now nt the highest
point touched In the last two months.
r The Now York Cotton Exchange makes
the total amount of the crop brought Into
■icht for the week 109,042 hales, against
ZiMtat 130.000 last week nttd 131.003 this week
laat rear. This makes the total amount of
the crop brought Into sight or marketed
,D u --‘—- tm date 12.471.499 bales.
ug the corresponding
Iirill „. , _'hls Indicates a total
JroD out-turn for the sesson of about 13,003.
bales, against 11,350.000 «—«
,600,000 tho previous season.
from" September 1 Jo dnte 12.471.499 bales,
against 0.825.170 during the>
period Inst Jear. This Indicates
- out-turn for the season of shot
_ running_bsks,^against 11,350,000 last
year sod 13, | M
toot sales were heavy In Liverpool for a
Sat ardor short session, spinners taking 10.-
(SO bales: this, too, nt a sharp advance of 9
points over the quotations of Friday, mid
dling being quoted at 6.37d.
In futures the market was also more ae
tive. but prices, while higher by some 2 tc
I points, were not In sufficient demand to
allow of the advance enjoyed by the actual
* The New York market displayed consider
able strength Saturday, reflecting the
strength In Liverpool an<V the unfavorable
weather In the belt. The dose wat net 2 to
4 points higher than Friday's Anal quota
tlona.
Estimated receipts Monday:
• 1997. 1906.
New Orleans 2,800 to 3,500 4,673
Galveston 4.600 to 6,000 4.289
Houston 1,000 to 2,000 1,870
Comparative receipts at all U. 8. ports:
.Net receipts today. April 20 10,128
Basie day last year 17,660
Decrease 7,432
Total receipts since September 1....9.264.411
Same time Inst year 7,021,827
Increase 2,243,064
Movement nt Atlanta:
Receipts today, April 20 33
Bame day last year Ill
Decrease 480
Shipments today. April 20 237
Samp day last year None
8,319
6.780
1,639
SPOT COTTON MARKET.
PSWHtendy: middling. WIS-mT^M
Nfw York—Steady; middling, 11.20.
J.Vvw Orleans—Firm; middling, 1015-16.
dalventon—Firm; middling. 11 lie.
MoUlle-rFIna: middling. lOlic.
Wilmington—Steady: middling, lOftc.
Norfolk—Firm; middling. llVkc. _
Baltimore—Nominal: middling. 1114c.
Boston-steady: middling. 11.20.
Philadelphia—Steady: middling, 11.45.
Memphis—Steady; middling, 1044c.
Augusta—Finn: middling, like.
Houitoti-Steady; middling, like.
TODAY'S PORT RECEIPT8.
Special to The Georgian.
(From Hayward. Vick A- Clark.)
New York. April 20.-J. 8. Bnche A Co.
Liverpool was duo to come 3 to 3T4 blgbQ
°®. 1* higher on distant. Opene,,
quiet 3 higher on near mid 1 higher ou dls
tnnt. Closed quiet but steadv net 8% to 6
higher on near and 2 to 2\i higher on dls
tant. Spots 9 points higher; middling 6.37a,
awes 10,000, American 9,800; export, 1,000;
Imports 2,030, American none.
Liverpool about parity to slightly higher.
The spot situation still continues- strong.
While weather conditions In the Iwlt con
tinue nominal, attention Is centered In the
outcome of the May option. Knd-of-week
figures point to the long-1 poked-for drop In
receipts. TMnk a quiet and firm market
will rule today.
Following is tho- statistical position of
cotton on Friday, April 19. aa made up by
the New York Financial Chronicle:
This Last Last
... . Week. Week. Y’ear.
visible supply... 6*070,496 5,268,332 4.401,012
American ........ 3,619,498 3,791,332 2.839.012
In sight week... 106,806 160,874 141.253
Since Sept 1 12,230,273 12,114.436 9.611.941
Tort stocks 714,418 796.998 683,616
Port receipts 7*481 113,585
Exports 149,476 145,880
Interior receipts. 56,541 ‘68,643
Int. shipments... 89,1(5 84,116
Interior stocks... 418,833 451,447 _
lollowlog ts the Liverpool weekly cotton
statement for the week ending April 19:
_ ,, , 1907. 1906. | 1905.
Week** sales —
Of which American.
For export
For speculation
Forwarded
Total stocks
Of which American.
Actual exports
Week's receipts....
Of which American
3,267.6001472.000(^^.000
Of which American!
New Orleene. April 0,-Hayward. Vick k
Clark: Weather map shows generally
cloudy weather In-the belt.
Tlmes-OeiiMcrat: "Quite logically the
speculative long Is Inspired by the belief
that the premium on May over July will Jn-
The followlng*!abl* shows receipts at the
C ts today, compared with the same day
t year:
N#w Orleans. . . ,
Otlreaton
Mold If
farannah
charleston. ....
Wilmington
Norfolk
New York.
Philadelphia. . , ,
Various
Totals. . ,
INTERIOR RECEIPTS.
, Tb* following table shows receipts nt the
wterlor towns today,. compared with the
oms day last yttrr
picvlona years. The week-end” statistics
Interpreted bnlllahly this morning."
HESTER’S WEEKLY
COTTON STATEMENT
Secretary Heater-, weekly statement
of the movement of cotton for the week
ending April It .hows a decrease Into
sight compared with the seven days
ending this date last year, In round fig
ures, 38.000, a decrease under the same
days year before laat of 94,000, and an
Increase over the same time In 1904 of
4^000.
For the 19 days of April tha Totals
show an Increase over last year of 580,-
000, a decrease under the same period
year before last of 221,000, and an In
crease over the same time In 1904 of
282,000.
For the 281 daya of the season that
have elapsed the aggregate Is ahead
of the 231 daye of laat year 2,608,000,
ahead of the same days year before
last 1,172,000 and of 1904 by 3,061,000.
The amount brought Into sight dur
ing the past week has been 116,876
bales, against 148,879 for the seven days
ending this date laat year, 209,999 year
before lost, and 71,196 same time In
1904; and for the 19 days of April It
has been 404,218, against 381,619 lost
year, 624,819 year before last, and F7J,-
416 same time In 1904.
The movement since September 1
shows receipts at nil United Statee
ports 9.264,283, against 7,003,767 last
year, 8.303,369 year before laat, and
6,817,368 same time In 1904. Overland
across ths Mississippi, Ohio and Po
tomac rivers to Northern mills and
Canada, 1,071,216, against 836,047 last
year, 918,837 year before last, and 881,-
819 same time In 1904; Interior stocks
In excess of those held at the close of
the commercial yoar, 307,670, against
291,806 last year, 440,892 year before
last, and 189,668 same time In 1904;
Southern mills takings, 1,796,000,
against 1,689,162 last year, 3,688,867 year
before laat, and 1,489,786 tame time in
1904.
These make the total movement for
the 231 daya of the season from Sep
tember 1 to date, 12,429,168, against
9,820,774 last year. 11.167,001, year be
fore last and 9,378,661 aame time In
1904.
Foreign exports for tile week have
been 148.241, against 118,112 laat year,
making the total thua far for the season
7,612,791, against 6,898,894 last year,
an Increase of 2,118,897.
Northern mills takings and Canada
during the past seven days show a de
crease of 8,386 as compared with the
corresponding period Inst year, and
their total takings since September 1
have Increased 233,837. The total tak
ings of American mills. North, 'South
and Canada, thus far for the season
have been 4,096,881, against 3,769,633
last year. These Include 2,260,(66 by
Northern spinners, against 2,026,918.
Stocks at the seaboard and the 29
leading Southern centers have de
creased during the week 112,287 bales,
against a decrease during the corre
sponding period last season of 66,436^
and are now 13,946 larger than at this
date In 1906.
Including stocks left over at ports
and Interior towna from the laat crop
and the-number of bales brought Into
tight thua far from the new crop,, the
supply to date, la 12,726,918. against
10,266,106 for th. aame period last year.
Edited by
Joseph B. Lively
Mr. Lively's twenty-flv*
years' experience of ed
iting markets In Atlanta
and the South has made
him s recognised au
thority In hla specialty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
NAME OF STOCK.
c Coast l _
America u Sugar lief.
Anaconda
American Locomotive.
do. preferred ....
Am. Smelting Kef. • •
tlo, preferred ....
Atchison
(It), preferred ,
Baltimore A Ohio . . .
Brooklyn Unplil Tran..
Canadian I'acUle • • .
Chicago and Northw'n.
Chesapeake k Ohio . .
Colorado Fuel A Iron.
Ceutral Leather ....
do, preferred .
Delaware k Hudson. ,
Distiller's .Securities. ,
Erie
Illinois Central «...
Am. Ice Securities . .
Loulsvlfle k Nashville.
Ilsaouri Tactile .
ISIS 131
in*'*; ICS
•••4'* S'4'g
Mil
<:>s 'CO,
69<i
175 175
152J4 1544
414' 414
35 25
27*i' 2«4
'I"' 'I Mies;' shit If •<
74Vi| 7(4
m
4
l:“I;
s*
M
NAME OF STO£K.
N. X., Out. k W. .
National Lead. . •
Northern Tacldc. .
New York Central.
Norfolk k Western.
Tennsylvanla. . . .
Teople's «.un. . . .
Tressed Sreel Car.
_ do. preferred. . ,
Tacific Mall.
Reading. ......
Republic Steel. . . .
Culled States Rubber-
do. preferred. . , .
Southern Tacldc. . . •
Southern Hallway... .
da preferred. . , •
SIoss Sheffield. . . . . ,
Tenii. Cost A- Iron. . -
Texas A Taclflc.
Union Taclflc. . . • • *
United States Steel, . •
do. preferred. . . • ,
Western Union.
Wabash
do. preferred.
Wisconsin Central,
do. preferred. .
u
o
HIGH.
ts
s.
LAST
SALE.
U
03
5=
ua
u «5i
In
1
1
i
Jp
92*
1
124
•2
1"6*4
2S»4
2m
48
m *
V’v
m
.s*
a!
j&
n
1
0
§
jR
§
lMti
M
10014
i
10 ‘
a*
i
111!
303'*
1 «i
ittt
iiii
ft
::::
11
39
NEW YORK.
tures In New
closed steady.
LIVERPOOL.
range and close, coni pan
Futures opened firm.
°fun«e.
April 5.0
Aprll-May 5.16
May-Jane 6.S
Jnne-July 5.80
July-August .. « .. ..5.77
August-Sept ember .. 5.72
Heptember-October .. 6.66
October-November .. 6.0
November-December
December-Jauuary .. I.L-
January-Fehrusry .. 5.0
Closed quiet and steady.
with yesterday:
9 ib
COLLEGE PARK HOMES FOR SALE
Three new, modern, 5-room homes, and 2 new, modern, 6-room homes,
on large, level, elevated, shaded loti, 100 feet front and 190 feet deep, with
in three mlhutee walk of car ’ines; at a bargain, oaeasy term*.
Prices: $2,650 and $2,750
These houses were built by Judge W. R. Hammond, of number one
material sad In beat modern style. They are flnt»hed In hard-wood, ce-
>nent piaster, cabinet mantels, tile and club-house grates, and art first
class In avery particular. The lots are elevated and beautifully shaded
®'tth original forest growth.
If you want a home combining the delights of a country life with all
,ht advantages of a city, call and see me at College Park and let me ahow
you one of these beautiful places.
EDWARD H. WALKER,
Bell Phone 37 J East Point Exchange.
SPINNERS’ TAKINGS
AMERICAN COTTON
Secretary Hester gives the week’s
takings of America by spinner, through
out the world as follows in round num
bers:
This week, 212,000 this year, against
260.000 last year, 212,000 year before
last.
Total since September 1. this year,
9.740.000, against 8,000.000 last year, and
8.769.000 the year before.
Of this Northern spinners and Can
ada took *2,261.000 bales this year,
against 2,037,000 last year, and 1,876,000
the year before; Southern spinners, 1,-
835.000, against 1,733,000 last year, end
1.612.000 the year before, and foreign
spinners, 6,644.000, against 4.840,000 last
year and 6,272,000 the year before.
-Including St. Louis correction, plus
9.000 bales, which Is added to total
prior to the close of March, 1907.
WORLD’S VISIBLE
SUPPLY STATEMENT
The world's visible supply of cotton,
compiled by Secretary Hester, of the
New Orleans Cotton Exchange, for tho
week closing April 19. shows a decrease
for the week of 192,318, against a de
crease of 109,964 last year, and an In
crease of 16,666 year before last.
The total visible Is 6,033,646, against
6,326,663 last week, 6.416,071 laat year,
and 4,170,939 year before last. Of this
ths total amount of cotton la 3,603,646,
against 1,749,863 last week, 2,886,071
last year, and 2,944,989 year before last,
and of all other kinds. Including Egypt,
Brazil, India, etc.. 1.480.000 last year,
1.476.000 laat week, 1,601,000 last year,
and 1,216,000 year before last.
The total world'* visible supply of
cotton as above shows a decrease com
pared with last week of 192.318, an In'
crease compared with last year of 617,'
474,' and an Increase compared with the
year before last of 863,666.
Of the world’s visible supply of cot
ton as above there Is now afloat and
held In Qreat Britain and continental
TRADE Filmy ACTIVE
IT STARTJH WHEAT
Dry Map—Reports of Kill
ing Frost in Belt aCused
Firm Tone.
-Bears in t
to cover, si
> advance i
held. Ths ...
day. Hundreds of re-
•one were received from Kansas showing
nmnge there without n doubt, and along
with these reports were buyfug orders. Liv
erpool reported shorts as anxious, buyers
**-- “Tdern Miller report being oou-
e bullish. Tables went mainly
Northwestern receipts werr
liberal nt 021 cars mid 30 cars at Chicago.
World's shipments for Monday are estl
mated at 12.000,000 bushels, which Is 2,225,000
bushels In excess of a year ago.
A big Increase In the amount of bread*
stuffs afloat la looked for.
Corn closed better; trade big.
Outs were nb ttCf&c with an enormous
volume of business.
Provisions were unsettled and Irregnlar.
NEW ORLEANS
6»y!‘. ! ! llUiwjifcH
June. . . .
July 10.63 10.70
Aug. .
Bept. . .
Oct 10.39ild.4S
Dec 10.40 10.45
Jan. . . . .110.46110.51
Closed steady.
io. a
l M
w&mw
10.70 10.70 10.70-71 10.66-G7
10.65 10.60
10.684110.53-59
10.62 10.47-49
10.44 10.40-42
10.41- 4210.36-37
10.42- 4310.0-39
10.49-51110.44-46
WEATHER REPORT.
8TATE FORECA8T8.
fioorgin and Routh Carolina—Fair tonight
and Sunday: warmer Sunday.
Alabama—Fair In ths Interior, rain
le coa *
Louis
Arkai
cloudy.
■m,
snow and colder; probably nee;
west; Sunday fair and warmer.
East Texan (north)—Occasional rains end
colder; Sunday occasional rains and
West Texas
freezlug; Sunday fnlr and warmer.
West Texas (south)—Unsettled weather;
probably showers.
WEATHER~CONDITION8.
CHICAGO GRAIN MARKET.
for
Mows, compared with
nigh.
I S* I E h
Europe 2.9A4.000. against 3,101,000 lut
year, and £012,<
Open,
WHEAT-
Mzy
July ..
Sept. ..
„ CORN-
’■ May .. 4746
- July .. 4«
Seat. .. 4846
ITa h a a
Mar >n .!u!l0 16,1246 15.71J6 15.7346 15.8746
July ..16.96 16.00 15.«(i 16.8746 16.9246
_ _ _ 080 year before laat; In
Egypt. 181,000, agalnzt 144,000 laat year,
and 201,000 year before laat; In Indio.
771,000. agalnzt 1,048,000 laat year, and
769,000 year before loot, and In the
United Statea, 1,134,000, against 1,123,-
000 laat year, and 1,208,000 year before
laat.
I- H. Fairchild, S. J. Wh
L. H. FAIRCHILD & COMPANY.
NEW ORLEANS.
Siw n.i. _ Memb.ru _ .
l*w Colton Exchange New York Coffee Exchange,
Ktl oJii Cou “ a Exchange, New Orleana Board of Trad*
Orltzna Stock Exchange. Chicago Board of Trade,
p- . _ LIVERPOOL COTTON ASSOCIATION,
ter. aM'* wlr,> «® NEW YORK anj CHICAGO. Ordera aolh-K-d. «e» >
' ««U»enr. on abovo Exchange.. " “ TU *- AK
U. C. COTHRAN.
HAYWARD, VICK & DAVIS'
DAILY COTTON LETTER.
New York, April 20.—J. S. Bache &
Cdi: The cotton market haa been quite
firm today; although the trading waa
more or less dull. The strength In the
market was due to the bullish week
end statement and to the unfavorable
weather condition! In the South. The
Liverpool market waa strong and ad
vanced above our dose of yesterday.
There was a feeling among traders
that there existed a fairly good sized
short Interest In the May position, and
the shorts seemed to betray anxtety
toward obtaining the spot cotton In
the South to deliver on their contracts.
The Into sight figures for the week
show a marked f.lllng off. This, how
ever, has been expected for some time
and should not be a decided bullish
argument. Private reports from the
South Indicate an easier situation In
the spot marktt with the feeling that
spinners' demands have been fully int
uited and would not be In the market
for some time. ,
M’CULLOUGH BROTHERS’
FRUIT AND PRODUCE LETTER.
Atlanta, Ga., April 20.—Apples ar*
very scarce, with an advance of 31 per
barrel during the present week—In fact,
It la a matter of almost Impossibility to
secure even at the high prices anything
liks a supply sufficient to meet require
ments.
Florida oranges are about through
with for the present season. California
stock scarce and selling at high prices.
Grape fruit more plentiful, with
values showing a downward tendency.
Bananas continue to advance, wltn
receipts short of requirements.
Vegetables, generally speaking, In
more liberal supply, with alt receipts
meeting ready sale at fair prices.
Berries very scarce during the week
—In fact, nothing like a supply suflT-
clent to meet the demands. Prices are
naturally very much higher.
The market well cleaned up an old
Irish potatoes, also sweet potatoes, with
a better range oP values prevailing.
New Irish potatoes more plentiful, with
the market showing some decline.
Lemons are active and showing Indi
cations of further advances right along
as the season progresses.
Receipts of live poultry llbefsl, with
the market declining. Dressed poultry
tlso in heavy supply, with values down.
No change of note npplles In eggs at
this time. The Indications are, however,
a shade lower range of values . will
prevail during next week.
St
4746
48
4846-
LARD-
luly »:u
8.6246
iu i s
1.98 8.16
1.47(6 J.4746
8.(5 - 8.(6
1.76 111
COFFEE AND 8UGAR.
TIPS FLASHED
From Wall Street.
Special to The Georgian.
(From Hayward. Vick & Clark.)
New York. April 20.—J. S. Uache ft
Co.; Americans In London this morn
ing show only fractional gains and the
market Is dull and still wants any on-
tliuilasio. luili-r waiting ,.n Now Vnrk
for tho cue.
The drain on money this week to the
Interior has been heavy owing to the
maturing of time loans put our four or
five months ago at 6 to 7 per cent. It
now not being worth while at our low
money rate to keep them here.
If today's net cash gain Is reflected
In the statement of the banks, there
should be a gain of between two and
three million surplus. The hardening
bf time money means simply that the
Interior and New York are coming to
a parity.
STOCKS REACHED DEAD LEVEL
OF INACTIVE TRADING,
New York. April 20.—The New York
Evening Post says
"Rather more quickly than seemed
probable a week ago, the market has
this week reached that dead level of
Inactive trading and fractional fluctua
tions whloh means that the readjust
ment of values Is fairly complete and
that the market Is In stable equi
librium. Last •Thursday's market
showed that such a stage of events
had at length been reached. The rival
forces of speculators, thimble-riggers
and manipulators practically suspend
ed operations. In the almost forgotten
days of 1884, the army, so to speak,
used on such occasions to go Into
winter quarters. It would lie motion
less for a month and It pursued a
somewhat similar policy as lately aa
the presidential year of 1800. But thq)
Wall street of recent years has shown
Itself too restless for anything of the
sort; It would begin to stir uneasily
after two or three days of such sus
pended activity, and Indulge In violent
maneuvers a fortnight after the "low
day." This recent exceptance accounts
for the general feeling prevalent aa to
the financial pendency. A deende
■o ago very low money was apt to
taken merely as the outward and visi
ble sign that stock exchange specula
tion waa abandoned for an Indefinite
period. Nowadays, as In 1804, the in
ference commonly drawn by the stock
exchange from such a money market Is
that the tools of speculation nro once
more available. What Is 2 per cent
cell mofiey for unless for uso In equip
ping high finance for a new gambling
venture? And whatever inay bo said
as to the money market's longer future,
the fAct of Increasing end greatly em
phasized easn at the end of the present
week was. unmistakable."
THE COFFEE MARKET.
New York, April 20.—Coffee rabies;
Havre 10 a. in. market steady; 12
noon unchanged; sales 14,000.
Hamburg, 10 a. m„ market advanced
-4 pfennig; sales 76,000.
Rio receipts 13,000; shipments to
United States 4,000; Europe 6,000;
stocks 811,000.
Santos receipts 33,000; stocks 2,716,-
000; market barely steady.
Sao Paulo receipts 35,800.
Jundlahy receipts 28,000.
Weather—Rain over tho belt.
; for today:
nt JacknoortUe, Fin., tfnlveston mid Taylor
Tez., sad Fort Smith, Ark., sad snow at
Amarillo, Tez.
During the tzzt 24 boura there hna beeu
n genernl Increase In prezzure over tho en
tire country ezeept along the Fnclflc coast.
The center of greatest nronnuro l« In Houtli April
Dakota 180.68 Inrhrzi. The low that pnnjed May
over this section Thursday night has moved .June
off the roast and Is now pasnlDg off the •luly
const of New Rutland. A sseiod depres
sion Is eoralng In nrer western Tessa This
Is reusing tho rains In thst section.
S'ew York coffee
Spenlug
llsnge. Close.
40.8:46 6.404.46
The conditions Indicate fair weather I
this section tonight, Increasing cloudiness
slid possibly rain Sunday afternoon
night; no dedded change In temperature.
COTTON REGION BULLETIN.
at I i m.» 75tb
STATIONS
ATLANTA
DlOTHICT.
^Atlanta, clear........
’Chattanooga, dear..
Columbua, clear
OalneeTlIIe, clear
Hreenvllle, dear
Griffin, deer
’Macon, clear.
Montlcello, dear
Newnan. clear
Rome, clear
Bpnrtanhurg, dear....
Tnllnpooiii, clear
Taccoa. dear
i
Mln.«
=h
III
V.
i
New York, April 20.—Local refined nod
LIVERPOOL GRAIN MARKET.
Thent rioted |
Corn cloud 444'
PRICES TENDING UPWARD
FOR KNIT GOODS FOR FALL.
New York Commercial. •
Special attention In being paid by
secondary market factors to the matter
of purchasing hosiery, underwear and
general lines of knit goods for fall. The
movement of prices In an upward di
rection In these goods has caused un
easiness among that division of the
trade which haa confined their fall
orders to date closely to samples. They
nqw feel that they will be safe In cov
ering at valuations. In a general way,
the underpriced lines of last season,
which buyers secured by holding back,
are not available this year owing tp ths
fact that no ons has built up specula
tive stocks. Ths same Is true of cotton
goods, silks, woolens and household
lines. On all the above classes of mer
chandise the business In hand for fall
represents a safe aggregate. Price*
are still working upward on fine yarn
cottons but on the coarse construction
cloths slightly easier terms on long
contract are being named by Boulhern
mills. One of the significant features
of the market Is the reselling of mer
chandise among second hands. Con
verters are taking goods from Jobbers
and the cuttlng-up trade Is also being
forced to pay an advance to holders
of fine yard-wide white goods and
bleached fabric*. As a general proposi
tion cotton goods converters are able
to pay a higher price this year than
heretofore In the history of the do
mestic trade, owing to the scarcity of
stocks In the hand* of retailers, the
secondary market men, and the short
supply of fine staple cotton. All these
factor* combine to make prices on cot
tons unusually strong for any delivery
during the balance of this year.
Minimum temperatures are for 12-bour
period ending at a. m. this date.
Hs*vy”R*lnfalli.
Lake City. Fla 1.83
Tallahassee, Fla 3.10
Valdosta, lia 2.00
Light froit oecnrrcd at Weldon, N. C
Decatur. Tenn., sad Milan. Tenn.
Mfrfftifrr AVKuSfflgr
Atlanta. . . .
Angneta. . .
Charleston. .
Galveston. .
Little Rock.
Memphis. . .
Mobile. . . .
Montgomery.. .
New Orleans. .
Oklahoma. .
sevannab. .
Vicksburg. .
Wilmington.
Temperature.
Min.”
Max.*
Remarks.
In the last 24 boura precipitation has oc
curved In districts except Angnita. The
amount* ware largest In portions of Florida
and southern Georgia. Colder weather pre
vails over the entire belt. Light froat oc
curred lu western Tennessee and eastern
North Carolina.
J. B. MARBURY.
Section Director.
WEEKLY-CHRONICLE
REPORT ON WEATHER.
New York. April 0.—Advices by wire to
ns from the South nre on the whole leas
favorable. While rain has fallen In most
localities, the precipitation haa as h rnlc
been light or moderate, hut tkere are com
plaints that unseasonably cold weather has
Interfered with farm work and In some
cases damage to cotton la claimed to have
resulted. /*
..6.
..5.40-5.45
..6.40-5.60
. J>. 50-5.85
..5.05-5.75
..i. 60-5.60
..6.60-6.60
..5.35-5.40
..1.04.40
..5.40-5.46
. .1.04.40
, »’..6,dy,-8riW8^£.
COTTON SEED OIL.
M" s'.
. I., w
5.754.0
1.16-6.60
6.60-6.55
6.404.50
6.404.0
5.404.46
5.404.45
6.404.46
PRICES BP STOCKS
WEREJRECULAR
At Opening Most Changes
Were on the Side
of Gains.
WERE ONLY FRACTION
Market Showed Little Ani
mation During the
Session.
New York. April 20.—The stock market
opened doll aud Irregular, but with
of the changes gains. Initial prices show-
ed Increase of In Atchison, ^4 In Brook-
Rapid Transit. 3 iu National Lead nnd
.. i southern Pacific. The Hteels, Amal-’
gitmated nnd Heading wer* active. ’
Following the publication of the bank
statement the market became lifeless, butt
wlthlirn few minutes of tho close of hual-;
ness It became quite active and turned de-'
drtedlj stronger. The Hill stocks led in
tho upward movement, rallying .1 points for ;
tireat Northern and over 2 for Northern Pa-i
clflc. At the same time Northwestern ti»ok
ft spurt of 2H points, Reading I'ulon;
Pacific lVfr ana Amalgamated 1\%. Fractional!
advances were shown In tho r. of the list,
and the market closed strong at tho beat 1
prices of the day.
Government bonds
bonds dull nnd lower.
unchanged. Otfae*
LONDON 8T0CK MARKET.
Anaconda
Atchison ,
. preferred
Baltimore and Ohio .. .. .
Chesnpeoke and Ohio ,
Chicago nnd Great Western ,
Canadian 1*80100 .. ,
Erie .. *
do. preferred •• •• •• .. ,
Illinois Central ..
Kansas aud Texas
ferred
sod Nashville .. .
Mexican Central, preferred
Norf6lk and Western
New York Central
Ontario nnd Woetern
Pennsylvania
do, preferred ..
.Southern Pacific .. ,
Ht. Panl ✓
Union Pacific
United States Steel
• I" p.i'fi'lTert .. ,
Wabash, preferred .
*’», V. !! ‘few*! *2*4
NEW YORK BANK 8TATEMENT.
mont of the NW York associated banks
show's tho following changes:
I .on ns 31,125.004.900, Increase S&MTJOQ.
Deposits 51408,163,600. Increase 126,601.600.
Circulation 360.106.800, decrease 3131.800.
Legal tenders 373,616.300, Increase 3314,200.
Specie 3215.129.400, increase 32.163.loo.
Reserve 3283,740,700. increase 52,477.300.
Reserve required 3277,010,375. la crease 16,-
625.400.
May. . . . . . .
July
September. . , .
Ortobor
December. . .
Closed steady.
H§
• • is
st
NAVAL 8TORES.
npaclal to Tb, (:.«,rylau.
Ka van it nli, April #—ToroMfin, firm at
(uUc; ulea. 126; rereljim, 09.
Ito.ln firm: ■aim, 878; rarelpta, 1,217: win
dow glza*. |6.7l«tlO: wnt.r-whltV, K.io: M,
26.60; N. 85.45; K, 23.58; J, 21.55; II, 24.76;
O aud F, 24.80; B, *4.65; D. 24.40; C, 24.80.
Darwin O. Jones. Manager.
Clearings Saturday, April 20 3 802.263.0
Same day Inst year 620,f>8a,fr
Increase lSl.703.il
Clearings for the week 4,'j7r>.726.§l
Same week Inst year........ 4,283.886.67
Increase 691,839.0
Banquet to 8tudents. •
The ladles of the hospital board of
the Atlanta School of Medicine will
entertain tho graduating class nnd the
teachers of the Institution at a banquet
at the New Kimball Monday night at •
H oYI'jcIc.
CHICAGO CAR LOT6. r
Wheat
Corn
Oats.. .. ..
ll-'K*. bend.,
tu tu tilt Itiia, I'Rlfiy
i for'tomorrow's™ aa
Today.; Tom or, ;
Central Bank and Trust Corporation
CAPITAL $500,000.00
Candler Building. Branch, Corner Mitchell and Fonyth Streets.
v , OFFICERSi
„ _ ASA O. CANDLER. Pre.ld.nL
"■•It PATTBnSON. Vie-President. A. P. COLTS, Chler.
JOHN 8. OWKN8. Vlvp-Prreldcnt. WM. D. OWE Sts, Aiitztant Cbl.r,
4 Per Cent Compound Interest Paid on Savings Deposits
ATLANTA NATIONAL BANK
ATLANTA, GA
C. E. CURRIER, Prealdent H. T. INMAN, Vlca-Prealdant
GEO. R. DONOVAN, Cashier.
JAMES S. FLOYD, Aaalatnnt Cashier.
Capital $500,000.00
Surplus and Undivided Profits ; $650,000.00
We Solicit Your Patronage.
It’s all in the Green Extra
—wait for it!
ALONZO RICHARDSON & CO.
PUBLIC ACCOUNTANTS
AND AUDITORS
Eojpiro Building.
ATLANTA.
Bell Phone, Mailt 85k
GEORGIA.
W. J. DIBBLE
Accountant and Auditor,
1114 Fourth National Sank Building.
Atlasta Sut Bank cu pnon. tut ATLANTA, (ML
HAYWARD, VICK & CLARK,
COTTON, STOCK8, BONDS, COFFEE, GRAIN AND PROVISIONS.
C.rcndclet and Gravier St*., Now Orleana.
MEMBERS:
K.w Orlrenz Cotton Eithttoj., I Raw Orlren. Future Brokrr.’ AsmcUUm.
N.w York Cotton Lirb.nce. h-w Orlren. nnd Chicago Board, of Tradfc
t;.!v..ton Cotton Ezrhaox.. I *0.* Coff«cBxchanz..
lion.too Cotton Fichinge. Azzoclat. Memtvri Llr.rpool Cottoa Are**,
Now York and Chicago Corre.pondenta.
J. •. BACHE 4 CO.. AND BARTLETT, FRAZIER & CARRINGTON,
£fi!VAT£ WiflE*TC. ALL POINTS.