Newspaper Page Text
-k. U I -Oil
■»
|J_AJS -tV.N U .Nil, n o.
Ill THE OPENING
COTTON MORE ACTIVE
'An Effort to Put July
Through Ten Cents Was
Unsuccessful. .
UNDERTONE STRONG
Selling to Realize Profits
Closed Market Steady
to 2 Points Off.
2faw Tort, April 27.-At the opening the
rottoa iBnrket was squire active. After the
jell, there vrere reaction* from the open-
x>f dgnree ourtnff to profit-taking. The
rmsffcar mep tbow<v) it:i improvement.
«*it os
bulge, and
ichlog tho vnd of !u run. and
i to tno advanco notice*. Those
1 cT'sh-ength' »n4””th* rapidly'dimaslng
1 stocks Tli, new crop I, coming In for
‘ meet attention, hnt the old evidently baa
not Into entirety eliminated at a market
factor. The English market opened about
oj due and closed nt n good advance.
Comparative receipt* nt all U. B. porta:
Not receipt* today. April 27 J.724
8sm* day last year 12,440
Decrease 4.718
Total receipts alnctv September 1 $.*&$$$
Same time last year 7,103.695
Increase 231,861
Estimated receipt! Monday
New Orleans bOSPhtiR
Galveston kjWto Z'255 2, Sf
■ Houston 1.000 to 2,000 9$1
• Movement at Atlanta:
Becelpta twlay. April 27 2
Same day Isst year 34«
Dacrcu** 324
Shipments today, April 27 None
tame day Inst year 300
Decrease 300
Stock on hand today, April 27.... 7,913
lituc day last year as
SPOT COTTON^ MARKET.
Uverpool, Arm: middling uplands 6.4Cd.
Atlanta, steady: middling: ll%c.
HOW York, steady; middling 11.30c.
Near Orleans, quiet; mlddl 1 "* 11 u **
Boston, steady; middling
Houston, s— —
Memphis.
steady; middling 11.30c.
, steady; middling ll%c.
i, steady; middling 10%e.
Baltimore, nominal; middling ll%c.
Charleston, steady: middling 10%c.
rhfladclplila. Ht -ndy; middling lL55c.
TODAY’S PORT RECEIPT8.
The following table shows receipts at the
L rta today, compared with the same day
it year;
New Orleans. .
Galveston. . .
Mobile
IAHvannab. . . .
Charleston. . .
Wilmington. . .
Norfolk
Baltimore. . .
Now York. . .
Boston. . . . .
Totals. . . .
INTERIOR RECEIPT8,
; Memphis. . . .
Bt Louts. . .
I Cincinnati. . .
Total.
CHICAGO CAR LOTS.
■Wheat
S3:::: ::
Uogi, bed..
HAYWARD. VICK A CLARK’8
DAILY COTTON LETTER
New York. April 27.-J. 8. Bacbt A Co.:
Llvorpool was strong, and after nn early
I advance In our market under the liifluenee
of unfavorable crop advices and hull inn-
1 Blpulatlon there was some professional prof-
: |t-taklng. The strength of the spot market
| abroad was «>no of the main factors con*
I trlbutlng to the atrong market lu Liverpool.
• At tho aame time tho weather conditions
Id the belt appear to engender a more bull
ish feeling among Southern speculative
' holders of cotton. The fnturn market lately
. dss displayed a pronounced change In sent!-
i tntnt.Tlio dull and sagging market of the
l past two weeks *hna been followed by pro-
I Bounced activity In the fall Bioutha as well
as In the July option.
1 The disposal of the May option situation
I with tho prompt stoppage of the hull clique
> of May notices baa Drought a realisation to
tho apocnfcttv* element of the etfongtb of
I the bull position.
8houhl the unfavorable weather continue
gnd the dry goods situation remain strong
I we would then expect to see a higher range
©f prices. .*
SPINNERS’ TARINGS
AMERICAN COTTON
Secretary Heater gives the week’,
taking, of America by .pinner* through
out the world aa follows In round mint.
* This week fit,000 this year, against
111.000 lost year, US,000 year before
last.
Total since September 1 this year
,,844.000, against 8,818,000 last year and
8.887.000 the year before.
Of this Northern spinners and Can
ada took 2,331,000 bales this year,
against 2,084,000 lost year and l.TU.ooo
the year before; Southern spinner* 1.-
881,000, agnln.t 1,778,000 lost year and
1.881.000 the year before, and foreign
spinners 8.781.000, against 4,877,000 lost
year and G.411,000 the year before.
NEWS AND GOSSIP
of tho Fleecy Staple.
8p*clsl to The Georgian.
(From Hayward, Vlclt k Clark.)
New York. April 27.-J. 8. Dacbe A
Liverpool ws. <lu« higher. Opened
quiet but steady 83k up oa near and 8 up
oa dlatant Closed steady net r“—
near sad 6TOk up on: distant. Spot, bard-
snlng; 7 points higher; middling Ml; snles
8,000; American 7.000: speculation and ex
port 800; Imports 18,0®, Including 14.000
American.
Lively covering of shorts yesterday follow.
. y.
the feature of the Idverpool market. Be
mend for cotton goods sesins to bars tarn,
sd the market upward.
Following Is tha statistical position of
cotton on Friday, April X as made up by
The New York Financial Chronicle:
This l,a.t Last
Week. Week. Year.
Visible supply ....4,927.1*8 M7M8S 4,849,888
American 3.084.M6 3,619.499 2,760.886
In sight week .. 113.335 108,808 124.816
Since Sept. 1 12.345,611 12.rB.t73 9.73S.737
Port Stocks 631.323 711.418 693.826
Port receipts 76.00H 79.481 84.862
140.339 149.476 153.361
45.863 56.541 48.063
87.143 89.155 75,259
397,653 418.633 395,293
Following Is the Llverjiool weekly cotton
state incut for the week cudlng April 28: .
1907. iw£ 1906.
65,000 78,000 66,000
Of which Amer... 59.000 71.000 62.010
For eaport 1,700 3,300 3,401
For speciiletlon.... 1,800 2,700 300
Forwarded 80,000 78,0oo 73.000
ToUl stocks 1,266.000 1.232,000 1.068.000
Of which Amer....1.132.0® 1,116.0® 929.000
Actual exports ... 11,0® 5,000 8.0®
Week's receipts..., 115,0® 88.®? "5.2®
Of which Amec...] 97.6® 75.000 48.000
Bec’ts since Sep. 1..4.118.0M 4.003.0® 3.309,0®
Of which Amer....3.361,0W 3.287.0® 2,520,0®
Stocks afloat 218,0® 256.0® 171,0®
Of which Amer.... 175.0® 210,0® 131,0®
New Orleans, April 27,-IInywnrd. Vick Sc
Clark: Weather conditions much lieltcr
than predicted. No frost anywhere In Kelt.
Interior receipts..
Int shipments .
Int. stocks
Scattered light to moderate mine fell In
eastern half of KcV. Hardly nny precipi
tation east of the Mississippi, lisp shows
HESTER’S WEEKLY .
COTTON STATEMENT
fitocretery Beater's weekly statement of
the movement of cotton for the week end-
lug April 26 shows a decrease into sight
compared with the aer*n days ending this
date last year, in round figures. 10,000. a
decrease under the aarae days year before
last of 79.000 and an Increase over the same
time In 1104 of 48,000. ^ .......
For the twenty-alx day* of April the to
tals show an increase over last year of 13,-
000. a decrease under the same period your
before last of 299,000 and nn Increase over
the same time In 1904 of 279.000.
For the 238 days of the ncaaon that have
_.apsed the aggregate is ahead of the 238
days of last year 2.598,000. ahead of tho same
days year before last 1,094,000 and ahead of
1904. by 3.098.000.
last year, 194,904 year before last and 69,402
same time In 1904: and for the twenty-six
days of April It has been 621,201, agulnst
508.398 last year. 819,728 rear before last and
241.818 aame tlmo In 1904.
The, movement since Beptember 1 shows
receipts at all United States ports 9,237,232,
against 7,091,115 last year, 8,4i6.067 year be
fore laat and 6,863,370 same time In 1904.
year before last and 881,851 same time In
1904; Interior stocks In excess of those held
■t the colse of the commercial year 289.213,
against 266,330 Inst year, 412.619 year before
last and ISO,60S same time In 1904; Southern
mills takings 1.843,000, against 1.734.1G2 last
year, 1.602,122 year before last and 1,622,224
line time lit 1904.
These make the total movement for tho
_J8 days of the season from September lo
date lS,546,15S, against 9.947.651 last year. II.-
451,964 year before last and 9J48.U&3 same
time In 1904.
Foreign export* for the week have been
138.281, against 141.555 last year, making the
total thus far fur the season 7,651,072,
against 5,540,448 last year, an Increase of
' 110,623.
Northern mills takings and Canada dur
ing the past seven dnjrs show a decrease of
6.3x2. ss compared with the corresponding
period last year, and their total takings
since September 1 hnve Increased 227,25a.
The totnl takings of Americans mills—
North, »8outh nml Canada—thus far for the
season have been 4,173.548. against 3.MI.S7I
last year. These Include 2.291,351 by North
ern spinners, ngslnst ?.064.096.
Mtoeks at the scabomd and the twenty-
nine leading Southern Interior centers have
decreased daring the week 98,960 bales,
against a decrease during the corresponding
period last season of 97,016 and are uow IV
004 larger than at this date In 1906.
Ineluding stocks l*ft over nt ports and
Interior towns from the last crop and the
number of bales brought Into sight thus far
WORLD’S VISIBLE
SUPPLY STATEMENT
The world's visible supply of cotton,
compiled by Secretary Hester, of tho
New Orlentis Cotton Exchang*. for the
week closing April 36, shows a decrease
for the xveek of 6,417, against a de
crease of 66,577 lost year, and a de
crease of 38,362 year before last.
Tho total visible la 4,338,628, against
6,033,645 last tveek, 4,359,494 lust year
and 4,141,621 year before Inst. Of this
the total of American cotton Is 3,496,-
628, against 3,603,545 last Avoek, 3,769,-
404 last year nml 2,911,621 year before
laat, and of all other kinds. Including
Egypt, Brazil, India, etc., 1.442,000,
against 1,430,000 last week. 1,590,000
laat year and 1,330.000 year before last.
The total world's visible supply of
cotton as above shoAA-s a decrease com
pared with last week of 94.917, an In
crease compared with last ?cur of 579,-
134 and un Increase compared with year
before last of 797.007.
Of tho world's visible supply of cot-
ton at ebove there Is now nllnnt and
held In Great Britain and continental
Europe 2,912,004, against 2.139,000 last
x and 1.996,000 year beforo last; In
_jrpt 174.000. against 139,000 last year
and 201.000 year before last; In India.
111,000, against 1,066,000 lost year and
777.000 year before last, and In Hie
United States. 1,035.000. against 1,017,-
000 last ysar and 1,167,000 year before
last.
NAVAL STORES.
1st to Tha Georgian.
flpscU. .. — . . _
Savannah. April 27.—7‘urpeutlue Is steady
at 65toc; *•■"*. nous; receipts. 505.
Roeln Arm: sslss, 1.939; receipts. 1.632:
.window slats, 88.80; watsr white. 35 45: M,
96.40; X. 15.16; K. 15.25: L $3.®: H, |tS»; U,
94.05; tits; E. KV. !>. 14.46: C. *4 25.
1m N. Fairchild, g. J. White
L. H. FAIRCHILD & COMPANY.
NEW ORLEANS.
New Orisons Cotton Exchange New Terk Coffee Exchange,
New York Cotton Exchange, New Orleans Board of Trad lx
Haw Orleans Stock Exchange, Chicago Board of Trad*.
LIVERPOOL COTTON ASSOCIATION.
Prtvet* wires to NEW TORE and CHICAGO. Orders solicited foe bee
tar* deUretr, on above Exchanges. U. C. COTURAJt
Closed barely steady.
Open.
i
a
k*
3
M
1
iJ
April. . . .
June. • . .
July
Auk. . . .
ttfw.:
Dec
Jan
*9$
' y.i»
9.97
9.93
10.16
10.23
10.88
9^93
*9.99
9.98
10.17
10.38
' 9.92
9.94
10.09
i u:
10.82
'•‘.y
*b!fi2
9.94
9.92
10.10
10.15
10.32
iiliiiiii
9.88-89
9.AS-90
9.94 95
9.94-96
9.93-95
10.12-13
10.20-21
10.36-37
W. J. DIBBLE
Accountant and Auditor,
1114 Fourth National Bank Building. .
iMi rheas un ATLANTA. OA.
Edited by
Joseph B. Lively I
MARKETS
Mr. Lively’* twenty-five
years* experience of ed
iting markets In Atlanta
and tbe South has mad*
blm a recognized au
thority In bis specialty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
NAME OF STOCK.
uper
Atlantic Coast Line _ .
American Sugar Itef. . . .
American Locomotive. . .
do, preferred
Am. Smelting Ucf. ....
do, preferred
Atcblson ..sees..
do. preferred
American tfotton OIL . . .
Aw. Car Foundry
Baltimore k Ohio
Brooklyn Rapid Tran.. . .
fa radian Pacific
Chicago and Nortbw'n. . .
Cbeeapeaka k Oblo ....
Colorado Fuel k Iron. . .
Central Leather
do, preferred
Chicago k Great W. . . .
Chicago, M.. & Ht. P.. . .
Delaware k Hudson. . . .
Distiller's Securities. . . .
Erie
do, preferred
General Electric
Illinois Central
Am. Ice Securities . . . .
Louisville * Nn«hvilla. . •
Mexican Central
Missouri Pacific
Total stock sale* 156,800 shares.
NAME OF STOCK.
N. 1., out. acW....
National Lead. ....
Northern Pacific. . * .
New York Central. . .
Norfolk & Western., .
Pennsylvania. .....
People's Uaa
Pressed Steel Car. .. .
do. preferred. • . . .
TaclUc Mall.
Reading.
Republic Steel
Rock Island.
_ do. preferred. . .. .
United states Rubber. .
_ do. preferred. . , • ,
Southern Pacific. , , .
Southern Railway. • • * •
do. preferred
Slosa-Sbeffleld
Tenu. Coal k Iron. . . .
Texas A* Pacific, . \ , . .
Union Pacific.
Uuited States Steel., * .
do. preferred. . . • .
Ya.-Cor.Cbeutlcal. . . . ,
do. preferred. • • • i
Western Union
Wnbnsh * * .
do. preferred. . . .
Wisconsin Central. • . •
do. preferred. ...
5=
NEW YORK
LIVERPOOL.
The following figures give tbe opening
range and close, compared with yesterday:
Futures opened steady.
Opening Previous
Ranee. Cloaa. Clone.
April 5.97
Anrll-May 5.89
May-June 6.90
Jone-July 6.83%
July-August 6.80%
Auguat-September ....6.75
Ssptembsr-October ...5.70%
October-November ....6.66
November-December ..5.64%
December-January ....5.64%
January-February ....5.64
Closed steady.
1 ■■■ ■■■ ■ '■ =
NEW ORLEANS.
Tha following Is the range In cotton fu
tures In New Orleans today:
i
t
i
II j-
a
pTiT:
June. « • .
July.. • . .
Aug. • , .
Sept. . . .
Oct
Dec
Jan. • . . .
ibl77
10.90
i6!eo
I0J
10.49
10.62
io.tt
10.92
io.61
10.50
R4'
10.54
iol72
iaso
ioiw
10.40
P.4
10.51
.....~|10.69
10.72 10.71
10.69
10.8210.81-82
10.60
10.6110.52
10.41 10.40-41
10.4110.40-41
10^1110.46-48
io.ii
10.76-77
1(177
10.80-87
10.66
10.30-82
10.45- 46
10.46- 46
10.5182
Closed steady.
NOTES ON GRAIN.
Pointers on Provisions.
Special to Tbe Georgian.
<From Hayward, Vick k Clark.)
Chicago, April 27.—Bartlett, Frasier
Carrington: Liverpool cables higher. The
weather Is generally clear and somewhat
warmer, without any precipitation. Reports
keep coming worse regard lug wheat aud the
prospects are growing less day by day. Be
lieve wheat will sell much higher. Bhowers
will give no relief.
Domestic and export demand for corn Is
strung. Look for continued light receipts
uiul higher prices.
Expect lighter receipts of oats after this
week. Weather unfavroulilo for growing
cron. Think they will sell higher.
Would prefer to sell provisions on any
bulge.
Tue Chicago Record-Herald: High winds
nml dry weather over Kalians aud Nebraska
yesterday caused ail nlurmlug condition, lu
addition to the rapid drying out of fields
that, lu Kansas hud beeu suffering from
weeks of dry weather, the high winds were
widely scattering the Insect pest. Messages
poured lu from ull parts of tho state claim
ing that the nlr was full of the winged In
sects. The prevailing winds In Nebraska
were westerly, and In Kansas tmiluly south-
rly. but predictions for both states ars
.or high northwest wluds today, t'roy Ex
pert Snow wired from Anthony, Knus..
that the eueiulcs of tho gruin aphis could
uot breed fast enough to overtake the
pest, and that it looked as though the south
ern Kansas crop was fated to go as the
Oklahoma eCop had gone. Former Secretary
Miller, of the Nebraska Grain Dealers' As
sociation, after a trip through Kansas, went
ou record that the southern part of the
state would not raise *25 per cent of a
wheat crop this year. Vice I’resldent Ed-
wnrd Updike, of tho Updike Omn Com
pany, of Omaha, wired from Newton that
there was 30©40 per cent damage to wheat
bv green bugs and drought In tbe 104-mlle
stretch between Topeka and that point.
Nlcolet, of Kansas City, •wired: "High
winds with continued dry weather prevail
In central Kansas. Every day of anch
weather causes an Impairment of 40 per cent
of the Kansas wheat area.
Kansas City, said,
Houston, of
i*®..*... 8evcro damage south
half of Kansas. Bugs all over the state. No
Indication of abatement of damage over
entire state. Believe damage to Kansas
will amount to one-third to oue-balf of tbe
"\V* look for very light receipts of corn
for the next four weeks and the movement
theu will depend upon the weather from
now on," said the bead of a large grain
house. "With a continuation of dry weath-
er ws look for very light receipts of corn
till the new crop Is assured. Europe Is ab
solutely dependent upou us for her corn sup-
idles, tho Argentina crop being almost a
total failure and the Danublan crop unfit
for shipment. Export demand has been
light until within the Inst few days, ow
ing to poor condition of arrival* on the
other side. From uow ou we look for an
•live demand." , , t
Northwestern Miller's report, as wired !.o-
can k Bryan, for the week ended April
says the Minneapolis flour output In
creased 5,880 Imrrcls lust week nml was
ri-nrh 290,0® tuinvla. Hour ilrogs. With
nno esooiillnn, Minneapolis mills reportml
mile. Ins4 week nn lea. than the outhut.
In the one Instance, n little more flour
was aolil than whn nmilo Hour hnnrs
hare nn fnllh In higher prlees. .nil millers
seem tn vie with one suother to see how
i.|im|i thov cun sell, lorelgn business Is
very small.
M'CULLOUGH BROTHERS'
FRUIT AND PRODUCE LETTER.
Atlanta. April 27.-Ap r les rerj MW
lu fart, the anpply la far ahort of re
quirements at very high .nines, with In-
dilations of a further ndyaiwe.
The same condition applies to oranges,
nothing hut California stock coming Into
the market nt s .cry high range of values.
tintin' fruit for ten days post has been
somewhat in excess of the ■“•{
consumption. In many <na/ances. tbe fruit
haw btfii arriving lu bad condition, and
lo%v prices hnve been the order of tho day.
A beavv demand for Is nans* prevail*
with the supply lusuflfkisnt at high values.
The warm weather now prevailing Is cstis-
im ■». JSB5f^sJ2B
ana eivXfc»ru»H«*-‘7 •v-- r •
•VSJSft 7f ja5r&WBU through for
the s®see. the !•" nl>w vfnt'ufl to , ,hl1
mar kstarr! ring Is » .aft and damaged eon-
“flem rssuitlr* Is their having to In- sold
at low prices. The near hy points will, uo
doul't. furnish the supply Ijom bow on.
Toma toss are sonres and active tit good
prices; also fancy celery and oucumlters.
MONEY MAP OF COBALT
IT IS FREE
Glres nt s glance the locsllou nnd produc
tion of all the l.lg ntlnea In the Great Cana
dian Hllver I'amp. Thla map of
COBALT
Is compiled fr»»m Government statistics oml
other official data, which makes It the most
complete nml comprehensive map of
mil ALT In extsti»rwe. Every Investor needs
ue so ss to Juice of the vnlu*» of Invest-
i4*utm there. Write for a free e<*|.y today.
The R. L. Bernier Company,
3.2 Security Bills., Chicago, 111.
BULLS BUSY IN WHEAT
AT START_SATURDAY
July Opescd Large Fraction
Higher, But Later Set
tled Back.
Chicago, April 27.—The bulla In wheat
were busy at the start today, July showing
an advauce of % over last ulght. Realizing
■ales, however, soon after the opening
forced the price back to about last night's
level. Cables followed our advances yes
terday and their strength was reflected In
the opening here.
for today
WnEAT-
May 81
July 84
Bent 86
COR.V-
Msy 60%
$?.
> GRAIN MARKET.
and provisions quotations
80*
M
S1«i
WH
50%
50
50%
•>iny *o
«
82 ■*» S5
49?. 49>i Wi
Mi
May
July.. 36.02% 36,
Bept.. 36.05 16.
LARD—
May... 8.70 8
July... 8.80 8.
8
BlUho—
May... 8.60 8
July... 8.80 8.
Bept... 8.90 8,
35.75 15.75
02% 15.95 16.97% 16.02%
06 16.02% 16.02% 16.10
8.75
8.85
LIVERPOOL GRAIN,
NORTHWEST CARS.
The following flgu
ars of today, lact
i give the Northwest
ek and laat year:
Last
i <
322
COTTON SEED OIL.
Following la the opening and dosing of
the New York cotton seed oil market:
May!' .’
July. . . . . .
September. . . .
October. .....
Dscambor. . .
Closed steady.
Opening
4t
SI
REQUIRED BIG YIELD GOOD
COTTON NOT A CERTAINTY.
New Orleans. April 17.—The Tlmes-Demo-
crat say*: "Local operators, who are cred
ited with possessing Inside Information, ap-
parently pinned faTtli to tho Integrity of
the Intention of th* New Y’ork bull clique
for some heavy bt
options over the
during s part of the session at least
Strong people sre reported to have accepted
tender* ou 76.000 bales at Nsw Y’ork after
permitting the notices to scare out toe
small fry. New Orleans tenders were few
In number. It would seem from tbe ap
pearance of things that some new methods
are being applied, and that tbe up-to-date
operator* are now working In s way that
4lo*« not necessitate the carrying of any
other than hit own lead. Be that as It may,
the character of tbe conthlence placed lu
the fats of the July deal Is attracting In-
creased attention srsry day, and lu the
event fair success docs not come along to
reaw'skan bearish hope In the new crop
WEATHER REPORT.
STATE FORECASTS.
Georgia and South Carolina—Bain tonight
and on tbe coast Sunday.
Alabama—Bain tonight and Sunday.
' WEATHER CONDITIONS.
Cloudiness covers most of the country to
day over the eastern half of the map, while
snow hai fallen at a number of stations In
the northwest, finow wss falling thla morn-
lug at Lander, Rapid City, Bismarck, Huron
and Bt. Panl, and rain was falling at Fort
Bmltb, Memphis, Jacksonville and Wilming
ton.
There are two areas of high pressure, one
central over the eastern lakes, the other
near Bismarck, N. I)., while a low is. o
Utah. Warmer weather prevails In the
glou of lowest pressure, while around the
centers of high pressure low temperatures
arc reported.
The conditions favor cloudy weather with
rain tonight and Sunday for this section,
with uo marked change In temperature.
COTTON REGION BULLETIN.
For the 21 hours eliding nt 8 a. m., 75th
meridian time, April 27, 1907.
^Atlanta, foggy. . . .
"Chattanooga, cloudy.
Columbus, cloudy. . .
8 alnesvlUe, cloudffc .
reenrlJls, clear. • .
Griffin, cloudy
•Macon, dear
Montlcello. clear. . .
Newnan, cloudy. . . .
Rome, cloudy
Spartanburg, dear.. .
Tnllapoosa. pt. cloudy
Toccoa, dear
West Point, cloudy
Max.* Min.**
73 ,
in
all
-tT“
•Minimum temperature for '.be 12-bour pe
riod ending -at t s. in. this date.
••Received late; not Included In averages.
Heavy^Ra infills.
Valdosta, Ga 2.00
wronerxvftitAfffiw.
CENTRAL
8TATI0N.
Atlanta. . . .
Augusta. . . ,
Charleston. • .
Galveston. . .
Little Rock....
Memphis. . . .
Mobile
Montgomery. .
New Orleans..
Oklahoma. . .|
Havnnnah. , .
Vicksburg. . .
Wilmington* .
T. Indli'stvs luapprvrlabls rainfall.'
vast twin y. -For 24 hours sodlug i a. m.,
76tb meridian time.
Remarks.
Lower temperatures an* reported from
Alalmtna nnd Tennessee; elsewhere temper
atures continue nearly stationary, or sllglitlv
higher. Light mins are reported from nil
Temperature,
send In pessimistic crop reports based on
Investigations following the recent extreme
ly l»ad weather, sod while the map for the
belt as a whole was favorable, the talent
evidenced some scute appreciation of the
fact that ns yet the required big yield of
good cotton Is merely a possibility and by
no means s tangible protsiblllty. The pros
pect for a bull year In si*eeulatlon Is there
by further broadened, nnd tbe talent at tbe
moment Is avoiding short liability. How
ever, tbe trade activity the world over
should, even In the absence of a large abort
Interest, develop nn urgent. If not more or
less spasmodic, demand In ample time to
supply the surface opportunity on which
the demagogue may predicate bis proud *1
done It* for the edification of tbe Ignorant."
—Hayward, Vick k Clark.
HAYWARD, ViCK & CLARK,
COTTON, STOCKS, BONDS, COFFEE, GRAIN AND PROVISIONS.
Carondelst and Gr.vlsr Sts, N.w Orleans.
- MEMBERS:
TIPS FLASHED
From Wall Street
.Jaw York Cotton Exrhasxe.
Galveston Cotton Etchanfo.
Hoc.too Cotton Etchants.
, New Orleans sod Chicago board, of 'frada.
I N.w York (’off— Exchange.
I Assoclst. Mcmhdrs Liverpool Cotton Ass n
N.w York and Chicago Correspondent*.
J. S. BACHE & CO, AND BARTLETT, FRAZIER i
PRIVATE WIRES TO ALL POINTS.
A CARRINQTCN.
ALONZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building.
ATIANTA,
Beil Phone, Main 8^8.
GEORGIA.
Special to The Georgian.
(From Ilaywqrd, Vick & Clark.)
New York. April 27.—J. S. Bacha & Co.:
London market Ann and mostly above par-
!t fr
borne selling may occur on fear of n bad
bank statement. The interior movement
has been heavier than generally looked
All depends now on the loan Item.
Dali and Irregular market looked for. If
the statement Is very bad It may cause fur-
ther selling.
New York Financial Bureau: London
higher. Atchison advanced %, Baltimore
and Ohio %. Union Pacific %, Pennsylva
nia %, Amalgamated %, St Paul %, Ana
conda %, Reading down %.
The president's speech allows no change
from his previous position, with the excep
tion that we think hla Investigations have
glren blm a more conservative ahd less
sensational tone.
Information continues favorable to the
purchase of Union Pacific. Reading, North
ern Pacific and Great Northern on reac
tions.
The best results will be gained by tha ob
aervance of limits, namely. Union Faelflc
140 to 144, Reading 110 to 112, - Northern Pa
cificJ29 to 136, Great Northern preferred 185
to 137. No Important liquidation la pending
In these stocks, and the bear element can
accomplish very little without It.
Stock offers In Southern Pacific around 85.
United States Steel 39. and Louisville and
Nashville 121. St. Paul Is moderately reac-’
tlonary with support toward 132. Brooklyn
Rapid Transit support aroand 5$. Amalga
mated Is held for the present between 93
and 87, Smelting 130 nnd 135. Atchlaon 92
and 96, Pennsylvania 123 nnd 127. The Infor
mation Is bullish on Smelting, but profes
sional! prefer to sell It on rallies with small
stop-order protection.
Moat of the other active stocks are In a
trading position without special Initiative at
present.
Town Topics: In view of the unfavorable
bank statement outlook, the bears may be
expected to attack tbe market today, but
arc! It aa one of tho most favorable Issues
relied upon to bring the pnbllc Into tbe
market again.
Atchison. Bt Paul, the HU1 stocks, Read-
Ing, Baltimore and Ohio, Northwest, Louis
ville and Nashville sre a worthy purchase
on moderate breaks. 8teel, Amalgamated.
General Electric, Sugar and Lead should do
THE COFFEE MARKET.
New York, April 27.—Following ire coffee
cables:
Havre, 10 a. m.—Market steady; noon, un
changed; sales, 10,000.
Hamburg, 10 a. m.-Market unchanged to
yg&ss-isarjB® we
Santos receipts 42,000; atock, 2,682,000; mar
ket weak.
Hno Paolo receipts 82,100; Jundlaby re
ceipts, 27.000.
Tho following figures give the opening
. -- th§ y- ew York coffee
t for today:
January .. ..
February ..
March
April
May
.Tune
July
August
September .. ..
October .. .. ..
November .. ..
December .. ..
Closed steady.
Dpentng
Ranee. Close.
5.40- 0.45
6.40- 5.45
5.40- 5.45
. .5.45-6—
. .5.45-5.50
.. 5.45-5.50
5.56-5.65
5.45-5.56
5.50-6.55
5.46-5.55
5.45-5.50
5.405.45
5.40-5.60
5.45-5.50
Sales 14.750 bags.
6.55- 6.60
5.56- 5.60
6.40- 6.60
5.40- 6.45
6.36-5.40
6.35- 5.40
5.35- 5.40
6.85- 5.40
5.85- 5.40
MINING STOCKS.
Boston. April 27.—Opening stocks: Copper
R«P*e31%. Cnllfornla-ArUona 168%, Fruit
118%, Quincy 121, Old Dominion 64%.
Elevator Interests at St. Lonls were
reaching out for tha cash wheat there yes-
terday, as for several days, and were bid
ding 7tc for No. 2 hard and 80c for No. 2
red. Millers were In sharp competition.
Cash wheat at Kansas City was 1Q1%c
WAS VERY QUIET
Trading All on One Side,
Lowest Prices Recorded
Around Opening.
SENTIMENT BULLISH
The Bank Statement Was
Bettef Than Expected,
Close Was Firm.
.Yew York, April t!.—The stock mark.:
5K.Vt.« s3
to the operations of room traders. The iou.
of the market flurln* the treater part of
the trailing mlebt be characterised ns hesvr
but following the publication of tho bonk
•t'tjnieut prices took nn upward turn. Tlw
market closed Arm with (light net advance,
generally recorded. _
Government bonds unchanged.
"tier bonds quiet bnt Ann.
New York. April I7.-The stock market
opened Irregular. Northern Paciflc started
In H higher. Great Northern nreferred de
cllneil V Chesapeake and Ohio lost ni
much. 1'cnnsytvanla opened unchanged, ad
vanced hi nnd reacted. Steel common.
Smelting and Union raclflo were unchanged!
MONEY AND EXCHANGE.
New York, April 27.—Money on call nnd
I® ns none.
l'osted rates: Sterling exchange W.stfi 187
with actual business In bankers' hills J
S1.8dl9®«.6CM for, demand and ItMSOjri.sjs
slxtr-dxj bills.
st aw'd ™ *^ c ' London 1>nr *” Ter >,ru>1 J
Mexican dollars 647ic.
Government bonds unclunged.
LONDON STOCK MARKET.
Opnlcios
Anaconda
Atchison
Amalgamated Copper .. ..
Ohlengo and Great Western ,
Canadian Paciflc
Erie
do. preferred
Illinois Central .. .. „ ..
Kansas and Texas
do, preferred
Louisville and Nashville ..
do, preferred
Mexican Central
Norfolk aud Western .. ..
New York Central ;
Ontario and Western .. ..
" asylvsnla
. _ ndelnhla and Reading ..
Roqk Island
Southern Railway
do, preferred
Southern Paciflc
St. Panl
Union Paciflc
United States Steel .. ..
do, preferred
Wabash, preferred
NEW YORK DANK STATEMENT.
New Y'ork. April 27.—The weekly stale,
meut of the New York Associated Uuak.
shows the following changes:
I-onus 1,111,417.6®. decrease 91.087.3®.
Deposits 91,106.183,3®, decrease tl.980.3e).
Circulation 930.068.9®. decrease I37.W0.
I.egnl tenders t79,7®.3W. Increase 92.130,000.
Specie 9213.129.9®. decrease 92.ou3.luo.
Ifawrre 9288.892.600. lucresse 1146,9®.
Reserve required 927,543,820, decrease 9195,•
OH.
Surplus 912,846,778. Increase 3841.930.
Ex-United States deposits 820,288,933, la-
crease 9631.025.
WEEKLY STATEMENT
ATLANTA CLEARING HOUSE
(Darwin O. Jones, Manager.)
Clearings Saturday 9
Same day Isst year. 788.6-:,'C
Increase lo.
Clearings for week 9.M3,25I.«
Same week Isst year *.62S.,®t.».
lncrens. 2l4.bM
Central Bank and Trust Corporation
CAPITAL $500,000.00
Candler Building. Branch, Corner Mitchell and Forsyth Streets
officer8i
■ ASA O. CANDLER, President.
W. n. PATTERSON. Vice-President. A. P. COLES, Cashier.
JOHN 8. OWENS, Vlve-Presldent. WM. D. OWEN'S, Assistant Cashier.
4 Per Gent Compound Interest Paid on Savings Deposits
He Who Hesitates Never Gets Anywhere.
‘Don’t hesitate about starting that Savings Account.
[The first deposit places you past the first milestone on the
] “success” road.
A desire to save is one of the best indications of “char
acter” and 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 “<*•
travagancc fund” affords tho 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. '
€
«I.
fl,
Union Savings Bank.
ATLANTA NATIONAL BANK
ATLANTA, GA.
C. E. CURRIER, President. H. T, INMAN, Vice-President
GEO. R. DONOVAN, Cashier.
JAMES S. FLOYD, Assistant Cashier.
Capital $500,000.00
Surplus and Undivided Profits $650,000.00
We Solicit Your Patronage.