Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, April 27, 1907, Image 16
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!.■ r
■A.N Als L) jSlh )\ O.
AT THE OPENING
COTTON MOREACTIVE
An Effort to Put July
Through Ten Cents Was
Unsuccessful.
UNDERTONE STRONG
Selling to Realize Profits
Closed Market Steady
■ to 2 Points Off.
New Tort, April 27.—At the opening the
rottoa market was quite active. After the
ceil, there were reactions from the open*
inf figures owing to i»roflt-takldg. The
weather map showed en improvement
It was a steady iiorl-l, with a strong
nadsrtAuc, albeit quit** a qi.nutlty of cut*
ten enrae ont 03 i'n* f*»ltlul bulge, end
fries* declined • point or The Me?
kia the July advanced 4 v>lnt« above jm-
verday e dose oa the call, and hut for profit*
Ukto;- su*f wssk end realising might hovo
reached the J^-ccat level, winch jin iieen
It is acproachluf the end of Its run. end
na* utm up to tno sdvatico notices. Those
though who arc on Intimate tonne .with
the~'bcll clique 7 ' hint that there le likely
te be f.ru works In connection with tbo
Rly. They point to the recent ehow
of strength end the rapidly demasiag
•locks. The new crop Is coining In for
, Bolt attention, bat tbo old evidently bn.
not been entlrelv i-Umlnot'-l •• • innrket
factor. TUn Engllnh mnrket op.nod about
an due nnd cIomSi nt a gawl advance.
Comparntlro Tifelpta at all U. 8. porta:
Nat receipt* todny, April 27 0.754
S.ma day laat year 12.440
Pecreaao 6.716
lucre.«e
Eatluiatcd receipt* Monday
Now Orlaana
O«lre«ton *•**'70 7,000
Uoastoo 1,000 to LOW
1 llorement at Atlnutn:
i day laat yoar..
Itaercu.a
Shipments today. April 17...
Kama day laat yasr
IMcraaae
None
%
Stock on hand today, April 27 ,912.
Bacio day IsAt year 6,063
Increase 2,S5Q
SPOT COTTON MARKET.
New Orleans, quiet: middling llftc.
Boston, steady: inlddliug 11.30c.
Houston, steady: middling llftc. i
- - * • — - - *' lllng I'lTi
Memphis, steaily: nilddllng 10T4c.
civ; middling 11.55c.
TODAY 8 PORT RECEIPT8.
The following table showe receipts st the
Kew Orleans.
Galveston. . .
Mobile
Knvsnuah. . .
Charleston. . .
Wilmington. .
Mire.
N.w fork
NEWS AND GOSSIP
of the Fleecy Staple.
8peclal to The Georgian.
(From Hayward, Vick Se Clark.)
New York. April 27.—J. 8. Bache & Co.
Liverpool was due SftfMft higher. Opened
quiet but steady 3*4 up on near and 3 up
entng; 7 points higher; middling
8,000; American f.000: speculatJon mix
port 500; Imports 19,000, Including 14,090
.^Lively'covering of shorts yesterday follow
ed the stopping of notices hy the bull
clique. We look for a further covering
g It
cotton on Frida;
The New York
•tatlftlcal position of
Visible supply
American
In alght week
Yror
'hroiilrle:
This * Lnst
Week. Week.
4,!C7.«*J» r..u7rt,4i»Jt 4.349.KM
3,0M/*f» 3.619.49K ZMM
113,335 KW.3W I24.816i
Since Sept. 1 12.345.BI1 12.230,173 #.736.757
Port atock*
Port receipts
Exports
Interior receipts..
Int shipments .
Int. stocks
631.323
140,339
714,418
79.4X1
149.476
68.541
39.165
418,833
603.826
84.862
1 I
*48,063
75,259
396,293
statement for the week ending April *6.
1907. 1906. 1306.
Week's sales 65,000 78,000 M.000
Of which Amer... 69,000 71.000
For eiport 1.700 3.300
For speculation.... 1.800
Forwarded 80,000 78,000 73,000
Tots! stocks 1,266,000 1,232,000 l.OM.OOO
Of which Amer....1,132.000 1,115,000 929,000
Actual exports ... 11.000 0.000
Week's receipts.... 116,000 §6,000
8,000
75.000
48.000
Of which Aincr...i 97,’o66 ^ 76.000
Rec'ts Since Hep. 1..4.118.090 4.003.000 3.300,000
Of which Amer!.. .3.364,000 3.267.000 2.520.W0
Stocks afloat 218.000 256.000 171.000
Of which Amer.... 175,000 210,000 131,000
New Orleans, April 27.-I lay ward, Vick &
Clark: Weather conditions much better
than predicted. No frost anywhere In belt.
Scattered light to modornto rains fell In
eastern half of heft. Hardly an/ prerfpl-
tatlon eaat of the Mississippi. Map shows
generally cloudy weather, with scattered
showers, nnrtlculsrly in eastern licit. »otiie-
what colder In eastern states. Htutlounry
temperatures elsewhere.
HESTER’S WEEKLY
COTTON STATEMENT
Secretary ll.iter'a weekly atal.rn.ut of
the movement of cotton for the week end
ing April 26 show* a decrease Into sight
compared with the seven days ending this
date last year, In round figures, 10,oos. a
decrease under the same days year before
laat of 78.000 sod an Increase over the same
time In 1904 of 48.000. . 4 ,
For the twenty-six days of April the to
tals ahow an Increase over last year of 13,-
000, a decrenso under the same period year
before last of 299,000 and an Increase —
the same time In 1904 of 279.000.
For the 233 days of the season that have
elapsed the aggregate Is ahead of the 238
days of last year 2.598,000, ahead of the same
days year before last 1,004,000 sod ahead of
‘ 1,098,000.
1904 by, 3,098,(8
iThe amount brought Into sight during the
past week has been 116.988 bales, against
126.877 for the seven days ending this date
last year, 194,904 year before last end ©,402
60tC396°lasfyeirJwS.^ year before last nud
*141.818 same time In 1904.
The movement since September 1 shows
Overland across the MIsHifudpnl. Ohio and
Potomac rivers to northern mills and Pan-
ads 1,086.679, against 857.004 last year. 941,166
vrnr before last and 881.851 same time fn
1904: Interior stocks In excess of those held
nt the eolse of the cominerelnl year 289,243.
ngainst 265,330 Inst year, 412.619 year before
last and 180,608 same time In 1904: Southern
I year, 1,602.1
1,843,000, ngainst l,f34,162 last
INTERIOR RECEIPT8,
: Msmpbls. .
I ft Louis.
Cincinnati.
2000
iS
1®2
CHICAGO CAR LOTS.
Wheat
SS;:::::;
! Hogs, head..
Today. Tomor.
HAYWARD. VICK A CLARK'S
iu, vivo a wwnnr\ o
DAILY COTTON LETTER
In our market under tin* luflucimc
unfavorable crop advices nnd bull inn-
pulatlon there was some professional prof-
king. The streugth of tho spot market
r.broad was one of the tnaiu factors
In tbs belt appear to engender s more bull
fab fetllug among fioutheru speculative
holders of cotton. The future market lately
has.displayed a pronounced change lu sentf-
ment.Tho dull and sagging innrket of the
unced activity In the fall mouths us well
i tbs bull position.L ■ m
fihonld the unfavorable weather continue
; and the dry goods situation remain strong
; we would then expect to see s higher rauge
of prices.
SPINNERS’ TAKINGS
AMERICAN COTTON
Secretary Hester gives the week’s
takings of America by spinners through
out the world as follows In round num
bers:
This week 224,000 this year, against
211.000 last year, 228,000 year before
last.
Total since September 1 this ^year
9.064.000, against 8,818.000 last yearWml
8.087.000 the year before. w
Of this Northern spinners and Can
ada took 2,291,000 bales this year,
against 2,064,000 last year and 1.723.000
the year before; Southern spinners 1,-
882.000, against 1,778,000 last year and
1.651.000 the year before, and foreign
a pinners 6,791,000, against 4,977.000 laat
year and 6,413,000 the year before.
same time In \904.
These make the totnl movement for the
238 days of the season from Heptemlier to
date 12,546,156. against 9.947.651 last year, 11.®
451.964 year before last and 9,448,053 same
time In 1901.
Foreign exports for the week have been
138.281, ngniust 141,6)5 lust year, making the
total thus far'for the season 7,651,072,
nu Increase of
against 6.540,449 Inst year,
2.110,623. r
Northern mills takings nnd Cnnndn dur
ing the past seven days show n decrease of
6,582, ns compared with the corres|>oudlng
North, Houth nnd Canada—thus far for the
season have been 4.173.54S. ngniust 3.841,871
last year. These Include 2,291,351 by North-
if
decreased during the
against a decrease during the rorrespnndtng
period last season of 97.016 and are now 12,-
004 larger than at this date In 1906.
, -. ft-
Including stocks left . .
Interior towns from the last crop nnd the
Dumber of bales brought Into sight thus far
from ths new crop, the supply to date Is
13.843,936, against 10,392,182 for thu same pe
riod last year.
Edited by *
Joseph B.SLively
MARKETS
Mr. Lively’s twenty-flvs
years* experlencs of ed
iting markets In Atlanta
and the South has mads
him ft recognised au
thority In hls specialty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
NAME OF STOCK.
:
American Bugar Uer. .
Anaconda
American Locomotlvs.
do, preferred , • ,,
Am. Smelting itef. . .
do, preferred • • ,
Atchison
do. preferred
uo. prneircu • • ••
American Cotton Oil. .
Am. Car Foundry .
Baltimore St Ohio
Canadian I'aclflc .. . .
Chicago and Nortbfr’n.
olorado Fuel St Iron.
Central Leather ....
do, preferred . * „
Chicago A Orest W. ,
Chicago, M., St fit. P..
Delaware St Hudson. .
Distiller’s Securities. .
Erie
do,
General Electric . . I
Illinois Central . . • •
Am. lee Securities . ,
Louisville St Nashville.
llsaourf I'aclflc .
i2ft
Total stock wnlew 156.300 shares.
NAME OF STOCK.
lx. 3.,
_ . one it W. •
National Lead. . •
Northern i'aclflc* •
New York CentraL _
Norfolk St Western
l'cansylvsnia. • . •
People’s uaa. . . .
Pressed Steel Csr.
preferred. ,
Mali.
Pacific 1
iSir-.u;:;::::
.. do. preferred. . .
Lulled states Rubber-
. do. preferred. . . .
Southern i'aclflc. . « •
Southern Hallway. . . •
do. preferred. . . •
Slose-Sheffleld.
Tessa«... ...»
Union i'aclflc. . . . •
United States Steel..
do. preferred. . .
Vs.-Car.Cbemlcal. • .
do. preferred. • •
Western Union. . • •
Wabash.
do. preferred.
preferred. .
IS
THk
im
1
NEW YORK.
tures In New York today:
April. . . .
May
June.
July..
Aug.
Kept.
Oct. .
Dec.
Jnn.
Closed barely steady.
31
9.86
9.80-83
9.85+6
9.84-86
9.92-93
9.90-91
19.90-91
10.09-10
10.15-17
10.31-32
Hi
9.88-90
9.94-96
9.94-96
9.93-96
10.12-13
10.20-21
10LJ647
LIVERPOOL.
°ESS
April HST
* •May 6.89
April
May-June
June-July 6.83H
July-August 5.80 Vs
August--Bepteinber ....6.75
Beptember-October '
October-November
December*January ...
Jinuiry-February ....6.64
Closed (te.dj.
NEW ORLEANS.
The following Is the range lo cotton fu
ture# In New Orleans today:
1
i
i
ill 1
it
iC::;:
Jane. • • .
July.* • • .
Aug. • , .
oSifv.*.;
Dec
Jan
io*77
10.99
iiuso
10.60
10.49
HX52
ibli2
10.93
io*6i
10.60
1M
10.54
io!72
ib!so
iaco
10.40
11.4
10.61
.....110.69
10.7210.71
10.69
10.82(10.81*82
10.60
10.6110.63
10.4110.4041
10.41 10.40-41
10.51110.46-48
14.
10.76-77
10.77
10.86-87
10.65
10.60JI2
10.45-66
list
QoM steady.
NOTES ON GRAIN.
Pointers on Provisions. .
Special to The Georgian.
(From Ilnyward, Vick St Clark.)
Chicago, April 27.—Bartlett, Frailer &
Carrington: Liverpool cables higher. Tho
rather In generally cleur and somewhat
without any precipitation.
keep coming worse regarding wheat and the
prospects are growing less day by day. lie-
lieve wheat will sell much higher. Showers
ill give no relief.
Domestic nnd export demand for corn Is
strong, liook for continued light receipts
ml higher prices.
Expect lighter receipts of oats after this
eck. Weather unfavronhle for growing
crop. Think they will sell higher.
Would prefer to sell provisions on any
htilg
dry
_ _. i>rdny canned on alarming condition. In
addition to the rapid drying out of fields
weeks of dry weather, the high wlmTs were
[mured lu from all parts of (he stoteHi
Jug that the air was full of the winged lu-
sects. Tho prevailing winds In Nohrusku
were westerly, nnd lu Kuusiim mainly south
erly, lint predictions for both states are
I for high northwest winds today. Crop
pert Snow wired from Anthony, Ksj
BULLS BUSY IN WHEAT
AT START SATURDAY
July Opened Large Fraction
Higher, But Later Set
tled Back.
Chicago. April 27.—Tho bulls In wheat
were busy at the start today, July showing
an advance of % over last night. Heallxlng
sales, how’erer. soon after the opening
CHICAGO GRAIN MARKET.
pert snow wired rroiu Autnony, jvsus..
that the eiietdles of the gruiu aphis could
not breed fast enough to overtake the
post, and that It looked as though the south-
aiiurr, of the Nebraska Grain Dealers As
social ion, after a trip through Kansas, went
ord that the southern part of the
wheat crop this year. Vice President. Ed
ward Updike, of the Updike Grain Com-
WORLD’S VISIBLE
SUPPLY STATEMENT
The world's visible supply of cotton,
compiled by Secretary Hester, of the
New Orleans t'otton Exchange, for the
week closing April 26, shows n decrease
for the week of 4,417, against a de
crease of 56.577 last year, nnil a de
crease of 38,362 year before lust.
The totnl vlslblo Is 4,938.628, against
5,033,545 last week. 4.359,494 Inst year
and 4,141,621 year before last. Of this
the total of American cotton Is 3,496.*
628, against 3,603,645 Inst week, 2.769.-
404 last year and 2,911,621 year before
last, and of all other kinds, Including
Egypt, Braxll, India, etc., 1,442.000,
against 1,430,000 last week, 1,590.000
last year and 1,230.000 year before last.
Tho totul world's visible supply of
cotton ns above shows a decrease com
pared with last week of 94,917, an In
crease compared with last year of 579,-
134 und an Increase compared with year
before lust of 797,007.
Of tho world’s visible supply of cot
ton os above there Is now alloat und
held In Great Hrltaln and continental
Europe 2.912,000, against 2.139,000 last
year and 1,996,000 year beforo last; In
Egypt, 174,000. against 138,000 last year
and 202.000 year before last; In India,
* 18,000, Against 1.065.000 last year and
777,000 year before last, and In the
United States. 1.035.000, against 1.017,-
000 last year and 1,167,000 year before
last.
NAVAL 8TORES.
■ Tsnnab. April 17.—^Turpentine Is steady
at 6M4CS salea, non#; receipts, 305.
Rosin firm; sales, 1.9)9: receipts, 1.632;
Indow glASs. 88.(»: water whltf. 83.43; M,
" “ K. S5.S; X. |5.00; il. 14.80; O
E. J4.5C; D. 84.45; t\ 84.35.
window c*as*.
l-'.40; N, I5.M; i
84.©; F. 54.f»;
Jm 94. Fairchild.
L. H. FAIRCHILD & COMPANY.
ft. J. Whit©
ward UlHlIke, or tho uptlixe tiram vmu-
pnny, of Oniahs, wired from Newton that
there was 3H04O per cent damage to wheat
by green bugs nud drought lu tho 104-rullo
stretch between Topeka and that point.
Xlcolet, of Kansas City, wired: 'High
winds with continued dry weather prevail
In central Kansas. Every day of such
weather causes an hnpnlrineut of 40 per cent
of the Kansas wheat area.” Houston, of
Kansas City, sold. ’’Severo damage south
half of Kansas, llugs all over the state. No
indication of abatement of damage over
entire state. Believe damage to Kansas
will amount to one-third to oue-hulf of the
vr **\v# look for very light receipts of corn
for the nest four weeks and the movement
then will depeud upon ttm weather from
non* on,” said tho ucad of n large grain
luiuff*. “With a continuation of dry weath
er ws look for very light receipts of corn
till tho new crop is assured. Europe Is «b-
lutcly dependent upon us for her corn sup-
M-lutclv uepenneni upon hh i«r
nilns. the Argentina crop being almost s
total failure and the Danublnn crop unfit
for shipment. Export demand has been
light until within the Inst few .days, ow
ing to poor condition of arrivals on the
wlici side. From now |
demand.’’
we look for uu
'"sortliwJSteni Mlllpr 1 . report, o.
nn & llrynii. for tho wrek «nl«l April
"ii wit. tho Mlnni'.poll" floor output lu
rreiwU 5.SM luirrol. In.t tvook nml »«*
ownpar.tlr.l7 Uravj. Thu quantity turnoj
out W4.W0 iMirel., Ii.nlmt bar-
r"l» In lPO* Pr.lotlrolly tbo Mine mill* wore
Yu operation tiutay nml tho output
ro.oii aw,000 tiurrelo. Hour ilrnm. "“b
one osooptlon, Mlmioapoll. mill, reported
hjiIoh |iint week on Ion, than tbo output,
fi, tin- one In.tnnoe, n little more flour
wit.'nobl limn wo. mail.- Hour buyer,
luivo no fnllb In hlithrr prior., .ml miller.
Lm to vie with on. .umber to are bow
'heap they cuu .ell- Foreign bunlnen. I.
very nmulf.
M'CULLOUGH BROTHERS’
FRUIT AND PRODUCE LETTER.
lu foot, 'the supply I* far abort of re
quirement. at very lil.h vnluen, with In*
iilcntbms of a further advance.
The same condition applies tn ortogca,
nothing hut California stock coming Into
the market at a very high range of vaTues.
Grape fruit for ten days past has been
somewhat lu excess of the demand and
consumption. In many Instances, the fruit
Hits been arriving lu c°nfi»J{oi». *u»d
low prices have U*en the order of the day.
A heavy demand for bananas prevails
with the supply lussfflcltnt st high value*.
TUs Krm wtbsr now prers«rngl*
X SST'A uenr-^y point. ,IH»
’ImM l^irnl.h the vipply from now ou.
Tomato*, are renree *nrt Bettw® "* flo* 1
price.; .too f^ncy <-el*ry and cu.umliert.
NEW ORLEANS.
M.mb.rai
Krw Orl.ui. Cotton Kzdiani^ Now Tork Coffoo Rich.nr*.
New Tork Cotton Exchange. Now Orlean. Board of Trad*
Now Orlean. Stock Exchange, Chicago Board of Trad*.
LIVERPOOL COTTON ASSOCIATION.
Frlr.to wire, to NEW TORK and CHICAGO. Order, aollcl'.od fo, tea
tm 4«Ut«7. on abovo Exchange*. U. C. CC7MHAN.
W. J. DIBBLE
Accountant and Auditor,
1114 Fourth National Bank Building.
uvu « b-m. uu ATLANTA. OJL
MONEY MAP OF COBllT
IT IS FREE
lives lit ft glance the location and produc
'd of nil the Idg mine* In the Great Cans*
t!f>d in re --s:-;- -- .
dl.D Sllv.-r fiunp. Thl. limp of
COBALT
I. romp!led fnmi Governm.pt »tntl«llo» and
pihvr olflel.1 -lata, wbli-b imike. It the lu-i.t
rompl.-ti- uud -"mipr--t.rn.ive map of
IXlllAl.T In extotone* Kvery lnve«t.ir uro.l»
ope •<> n« t« Jmlce of the v.lue .if 111vi-*t
nti-niN tlu-re. Write for a free rot>y Today.
The R. L. Bernier Company,
for today
Previous
Open. High. Low. Close. Close.
WIIEATr-
Msy 81
July 84
field 86
COIIN—
May 80V*
m
S’ 4
stH
S ¥
July
C0V(
Oath—
May 45
July 42%
50K
i h s
45
S8
44S
411
44«
m
i'Pt 9
PORK—
3Ioy 15.75
July.. 18.02V* 16.02*4 15.95 16.97V4
Sept.. 16.05 16.06 16.02V4 16.02V4
LAKD-
8.70 8.© 8.®
8.82ft 8.77ft 8.77ft
8.97ft 8.90 ' 8.90
May... 8.70
July... 8.80
Sent... 8.97ft
RfffKft-
8.60
1:13
8.55
S m
J-WH
8.76
8.83
LIVERPOOL GRAIN.
Corn ft lower i
NORTHWEST CARS.
Tba following flgui
rare bt today, lact
week and last year:
COTTON SEED OIL
April
May
July
September. . .
October
December. . .
Closed steady.
if*
§3
REQUIRED BIG YIELD GOOD
COTTON NOT A CERTAINTY.
erst says. .......
Ited with possessing Ini
pnrenlly pinned faith ._
thealntentlon of the New York .
for some heavy buying for May slid July
options over the New Orleans ring wo*
done for their account. Thus the volco of
the
talent In great shape sml the xsl
oped and sustained some old-time Interest
during a part of the session at least.
Strong people are reported to have accepted
tenders ou 76.000 bales at New York after
permitting the notices to scare out tne
small fry. New Orleans tenders were few
would seem from the
lu number. It would seem from the ap
pearance of things that some new methods
are being applied, and that the up-to-date
operator* are now working In a way that
dooa not necessitate the carrying of any
other than Ms own toad. Re that as It may,
‘ ‘ * ' In
tbo character of the confidence placed In
the fate of the July deal la attracting lu
res waken bearish hope In the new crop
old season may be something bor«l
ths hysterical. The luterlor continues to
WEATHER. REPORT;
STATE FORECASTS.
Georgia and South Carolina—Rain tonight
and on the coast Sunday.
Alabama—IUIa tonight and Sunday.
WEATHER CONDITIONS.
Cloudiness covers most of the country to-
snow has fallen at a number of
the northwest. Snow was fnlllug this morn
Ing at Lander, Rapid City, Bismarck, Huron
and fit. Paul, and rain was falling nt Fort
Smith, Memphis, Jacksonville and Wilming
ton.
There are two areas of high pressure, one
central over the eastr -
near Bismarck, N. I).,
Utah. Warmer weather prevails In the re
gion of lowest pressure, while around the
centers of high pressure low temperatures
arc reported.
The conditions faTor cloudy weather with
rnln tonight nud Sunday for this section,
with uo marked change lu temperature.
COTTON REGION BULLETIN.
For the 24 hours ending at 8 a. m., 73th
meridian time, April 27, 1907.
8TATION8
ATLANTA
DISTRICT.
’Atlanta, foggy. . . .
•Chattanooga, cloudy.
Columbus, cloudy. . .
Gainesville, cloudy. .
Greenville, clear. • .
Griffin, cloudy
•Macon, clear
Montlcello, clear. • .
Newnan, cloudy. • • .
Rome, cloudy
Spartanburg, clear.. .
Tallapoosa, pt. cloudy
Toocoa, clear.
West Point,
>’est Point, cloudy..| 75 59 .20
•Minimum temperature for 'he 12-hour pe
,18
1:1
ill
S: =
Heavy Rainfalls.
Valdosta, Ga 2.00
Mflfftw /VBttAtffci*r
Atlanta. . . ,
Augusta. . . ,
Charleston. . .
Galveston. . ,
Little Rock...,
Memphis. . .
Mobile. . . .
Montgomery.
New Orleans.
Oklahoma. ,
Hava nun It. .
Vicksburg. .
Temperature.
Min.*'
Max.*
T. Indicate* Inappreciable rninrall. *For
yesterday. »*For 24 hours ending 8 a. m.,
?5tU meridian time.
Alabama and Tennessee; elsewhere temper
ntitres continue ueurly stationary, or sllglitlv
higher. Light rains are reported from nil
semi In pessimistic crop reports based on
Investigations following the recent extreme
ly bail weather, and while the map for the
belt as a whole was favorable, the talent
evidenced some acute appreciation of the
fact that ns yet the required IHg yield of
good cotton Is merely a possibility and by
no means a tangible probability. The pros
pect for n hnll year lu s|»ecit!utlnn Is there
by further broadened, nnd the tnlent at the
ever, the trade activity the world over
should, even In the al»sones of a large short
•ply the surface opportunity on
demagogue may predicate hts p
done It* for the edification of the Ignorant.
—Hayward, Vick A t'lnrk.
time to
. which
proud
HAYWARD, VICK & CLARK,
COTTON, STOCKS, BONDS, COFFEE, GRAIN AND PROVISIONS.
C.rondel.t •"^^VeRS^'" New 0rl, * n *-
New’ Orlean. Fxtor* Broker.’ ArereJ.tlre.
K.w Orlean. and CUctfo Board, or Trad.
New York Coffee Exebance.
New Orlrea. Cotton Exeb.nc&
New York Cotton Biekanf*.
OalvcatoD Cotton Kiel,nose.
Uouatoo Cotton Exchange
I New York Coffee Eiemnge.
Aa.ool.te Uemhdra Liverpool Cotton Are’*
New Tork and Chlcnra Corre.pond.ntn,
J. S. BACHE A CO., AND BARTLETT, FRAZIER A CARRINGTON.
• PRIVATE WIRES TO ALL POINTS.
3.2 Security Bids-, Chicago, 111.
ALONZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building. Bell Phone. Main 8lL
ATI .ANTA. GEORGIA.
TIPS FLA3IIED
From Wall Street.
Special to The Georgian
(From IfaywaraTVick & Clark.)
New York, April 27^—J.'fi. Bache & Co.:
London umrket'flrm nnd mostly above par-
ity.
Some soiling may occur on fear of a bad
bank statement. The Interior movement
has been heavier than generally looked for.
All depends now on the loan Item.
Dull and Irregular mnrket looked for. If
S e statement Is very bad It may cause fur-
er Felling.
New York Financial Bureau: London
higher. Atchisou advanced ft, Baltimore
from lii i previous position, with the excep-
given him a more conservative nud less
sensational tone.
Information continues favorable to the
purchase of Union Pacific. Headliig. North
ern I'aclflc nud Great fforthera on* reac*
The best results will be gained by the ob
servance of llmlta, namely. Union Plate
149 to 144, Reading 110 to 112. Northern Pa
clflc 129 to 136, Great Northern preferred 133
to 137. No Important liquidation la pending
In these stocks, and the bear element can
u.w. offers In Southern Pacific around 85.
Putted States Steel 39. nud Louisville and
Nashville 121. fit. Paul 4s moderately reac
tionary with support toward 132. Brooklyn
Rapid Transit support around 68. Amalga
mated la held for the present between 93
nnd 97, Smelting 130 and 135. Atchison 92
aud 96, Pennsylvania 123 and 127. The infor
mation Is ImlllRh ou Smelting, but profes
sionals prefer to sell It on rallies with small
Is pr<
ton-order protection.
Most of the
’ost of the other active stocks are In a
tradlug position without special Initiative at
present.
Town Topics: In view of the unfavorable
bank statement outlook, the bears may be
the good i
long pull.
Whatever la pending In Union Pacific,
some sensational derelo
Mopments comparable
ilcally cheap at present prices we re*
as If Important nc-
t ou. This stock never
hts It was worthy of.
did rise to
even during the boom last fall. That „
the reason It Is one of the hardest stocks
now for the bears to make any Impression
ia nun wearner rcpuris,
ehnr.rter of the rnllro:
reported (bow. whnt
I nil .Ion., that thl.
Ion,, that thl. fentaro would
mar.ee again.
Atrhlioii, Bt. Paul, the Hill atocki, Read-
In a, Baltimore and Ohio, Northweat, Lnula-
vllle and Naahvllle are_a worthy purebaae
THE COFFEE MARKET.
New York, April 27.—Following aro coffee
-Market atmidj; noon, un-
cablea:
Havre, 10 a. m.
changed; aalea, 10,000.
Hamburg, 10 a. m.—Mnrket unchanged to
"pfennig decline; aalea, 82,000; nio receipt!,
£W0; ahlnmenta, 15,000; atocka, 768,000; mar
ket InncFl
.Santee receipt. 42.000; atock, 2,682,000; mar
ket weak.
*"» I*""!® receipt. 22,100; Jundlaby re-
rlpta, 27.000.
Tbe following
coffee
range and clone
figures give the opening
of tbs New York coffee
.5.45-5.5)
March
April .
May
June ..
July ..
October
Noftmlwr .. ..
Decen»lM»r .. ..
Closed steady.
5.555.65
5.45-5.55
5.50-5.55
5.46-5.55
5.45-5.50
5.40-5.45
5.40-5.50
5.45 6.50
Sales 14,750 bags.
Close.
6.40- 6.45
6.40- 5.45
5.40- 6.45
6.65- 5.60
6.66- 5.60
6.40- 6.60
W
5.35-5.40
5.35- 5.40
6.38-5.40
5.35- 5.49
WAS VERY QUIET
Trading All on One Side.
Lowest Prices Recorded
Around Opening.
SENTIMENT BULLISH
The Bank Statement Was
Better Than Expected.
Close Was Firm.
New York, April 27.—The stock market
wns of n purely professional character nnd
what activity It did develop was solely due
to the operations of room traders. The toue
statement prfcea took an upward turn. The
market.closed firm with slight uet advances,
generally recorded.
Government bonds unchanged.
' »i!i. r Ih.ikIs ipib-t but firm.
New York, April 27.—Tbe stock market
opened Irregular. Northern Pacific started
dined
much., _
yanced ft and reacted.
Steel common.
Smelting and Union I'aclflc were unchanged.
MONEY AND EXCHANGE.
New York, April 27.—Money on call and
loans none.
Posted rates: Sterling exchange 34.^1^4.87,
with actual business In bankers’ bills nt
34.S015@6.S620 for demand and 34.8330^4.8335
for sixty-day bills.
Bar silver 65ftc; London bar silver steady
at 30ftd. 4
Mexican dollars BOfte. .
Government bonds unchanged.
LONDON 8T0CK MARKET,
STOCKS—
Anaconda „
Atchison
Amalgamated Copper .. ..
Baltimore and Ohio .. ..
Chesapeake and Ohio .. ..
Chicago nnd Great Western .
Canadian Pacific
Erie
do, preferred
Mexican Central
Norfolk and Western .. .
New York Central
Ontario and Western .. .
Pennsylvania
Philadelphia and Reading
Rock Island ..
Southern Railway
do, preferred
Southern Pacific ..
fit. Paul
Union I'aclflc
United 8tates Steel
do, preferred ..
Wabash, preferred ..
NEW YORK BANK STATEMENT.
MINING STOCKS.
Boston. April 27.—Opening stocks: Copper
Range 81ft, Cnllfornia-Arlxona 168ft, Fruit
118ft, Quincy 121, Old Dominion 54ft.
Elevator Interests at St. Louis were
reaching out for the cash wheat there yes
terday. as for several days, and were bid
ding ite for No. 2 hard and 80c for No. 2
red. Millers were In sharp competition.
Cash wheat at Kansas City was 1G1%c
higher.
shows the following changes:^***!
Loans 1,138.417.600. decrenso 31.587.300.1
Deposits 31.100.1&3,300. ‘ "
Circulation 350."““'"”
Legal tenders
Specie 1211,126.300. decrease $2,003,100.1
—iReserve $Z88,892,600. Increase $146,900.
Reserve required $27,545,820, decrease $495.
7,wFi. decrease si.&st.juu.
6.183,300. decrease $1,980,200.
000.
■ e
Sui
ta-
WEEKLY STATEMENT
ATLANTA CLEARING HOUSE
(Darwin O. Jones, Manager.)
Clearing* Haturilay I M6.M7.£l
Dame day laat year...., 7W.SS.f7
Increase 16.7oi.ol
Clearings for Iveek
Same week list yesr 3.628,703.5b
Increase
214,660.71
Central Bank and Trust Corporation
CAPITAL $500,000.00
Candler Building. Branch, Corner Mitchell and-Forsyth Streets
OFFICERSi
ASA O. CANDLER, President.
W. II. PATTERSON. Vlre-Pre.Menl, A. P. COLES, Cashier.
JOHN 8. OWENS. Vlve-l’reeldent. WM. D. OWENS, Aaaletant Cashier.
4 Per Gent Compound Interest Paid on Savings Deposits
He Who Hesitates Never Gets Anywhere.
‘Don’t hesitate about starting that Saoings Account
§
9
The first deposit places you past tho first milestone on the
“success” road.
A desire to save is one of the best indications of “char
acter” nud the act of saving provides for that “Inevitable
Rainy Day.”
Many a Golden Opportunity-is lost forever for lack of
immediate funds. An occasional dollar from your “ex
travagance fund” affords the chance to grasp the opportu
nities. The world never afforded more “money making op
portunities” before. We will pay you 4 per cent on your
savings.
Union Savings Bank.
ATLANTA NATIONAL BANK
ATLANTA. GA
C. E. CURRIER, President'. H. T. INMAN, VIce-PrealdenL
GEO. R. DONOVAN, Cashier.
JAMES S. FLOYD, Aiilitant Cashier.
Capital r $500,000.00
Surplus and Undivided Profits $650,000.00
We Solicit Your Patronage.
JJ