Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, April 27, 1907, Image 16

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-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.