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Tliii A'l LA \'l A Lri^UiivjiA^S AJ\JJ iNl^ W O-
BULLS GUNNING
FOR JULY SHORTS
Bid That Option Up Sharply
During the Early
Trading.
STAMPEDE EXPECTED
During the Morning Session
the Market Was Extreme
Jy Feverish.
New York. May 3.—The cotton market
9pcne<l ortlve am! excited ou uear-by
Month*, with an advancing tendency. Hrat
prices were 1 point lower to 8 polnta higher.
July waa hid up to 10.40 within the first ten
minute* bjr local bulla. wh<» were after cer
tain abort Intereata tallevod to be waver-
Stampede up to 10:20 o’clock,
market wna extremely feverish.
After the excited trading during which
July waa run up to 10.40, the highest of the
advance, there was a tail In business and
prices sagged several points. No weakness
was In evidence, however, ntid the bulls
apparently have the situation well In bond.
Tbeo. Price, on Thursday, secured a tem
porary Injunction In the supreme court of
fork cotton exchange and
committee, enjoining them against overclas-
gifrlng cotton for delivery on the New York
cotton exchange cotton contracts, and
S lnat departing In classifying cotton from
methods prescribed by the by-laws of
exchange, which, he alleges, have been
lystematlcnlly violated.
The New York market cloaed eaay on the
Bear months with prices 8012 points low-
tr, while the late months were steady, mat
unchanged to 8 polnta off.
u "" ,or cmT, Zv. ! i**. im.
R eceipts 4MI1 40,322 74,511
hlpmeutl 64.721 64.811 115.183
locks 870,500 884,017 430,247
Weekly movement Into sight:
1907. *“
Overland week.. 7,045
Bloc# Sept. 1.... 1,093,724
In-tight week.... 104.207 120.449 162.677
Bine# Sept. 1.... 15,650,863 10,068,100 Jl,614,6jU
Southern con... 45,000
1906.
16,535
*73.530
1905.
7,099
948.264
42,000 87,000
Comparative receipts at all U, 8. ports:
B et receipts today
ime day last yesr
Decrease
110,665
16.587
6,922
68.468
85,664
17,096
.ame week last year
Decrease
I otal receipt* alnce September 1..,.9.395,700
ime time last year 7,178,416
Increase ...,2,21i,284
Estimated receipts Saturday:
1907.
New Orleans l.W to l.soo
Galveston ...» 3.000 to 4,000
Houston 1,100 to 1,300
Movement at Atlanta:
Receipts today. May 3
Same day last year
Decrease
Shipments today. May 3
Same day last year
Decrease
Stock on hand today, Mny 3 /...
Same day last year....
Increase
4,013
SPOT COTTON MARKET.
Liverpool, steady; middling uplands 6.63.
NEWS AND GOSSIP
of the Fleecy Staple.
Special to The Georgian.
(From Hayward, Vick A Clark.)
New Y'ork, May 8.—J. H. Ilucbe & Co.:
Liverpool waa due to come 2* to .8 advance
on near and 1 advance on distant. Opened
. lower on the'dletent. At 12:15 p. id. was
steady at 3ft advance on May and May-June
* * m— oid ci—
and unchanged to 2 lower on other old cropa
and 2 to 2* lower on new crops. Moderate
demand for sj>ota at 4 points up; middling
6.63; sales 7.000. American 6.100; export, 600;
Imports, 9,000 bales, including 8,000 Ameri
can.
Realizing In the new crop months In Llv-
erpool brought about ensler price* this
morning. The Price suit no doubt bad an
Influence In Liverpool this morning. We
look for an Irregular market, but on any
material slump would advise purchases.
Riordan has aohi nhuot 10,000 July at 10.40
and has more to sell.
Weld has boeu offering July right along.
Edited by
Joseph B. Lively
MARKETS
Mr. Lively** twenty-five
years* experience of ed
iting markets In Atlanta
and the Booth has made
him a recognized au
thority In bis specialty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
NAME OF STOCK.
but doesn't sell much. Think he wants
quiet any apprehension.
ltlordnn heavy seller of July from 10.37
down to 10.33.
I/Ooks like Price liquidating and the talent
Joining In hoping thut Price may bo forced
out.
Cotton on Its merits Is entitled to a much
greater advance than yet seen. The In
junction by the weather against the coming
crop Is of far greater significance than any
court proceedings flint may l»e Instituted In
this country. Ft comes from an All Wise
Judge of the court t>f hist resort and will be
the final odjuster of prices, as It always la,
A communication from Judge Taft, coun
sel for New Y'ork ezrbauge, read from the
rostrum before the openlug, stated In effect
that In the opinion of the exchange's coun
sel. because of modification of temporary
Injunction secured yesterday, a permanent
Injunction would im> refused should the
case come up before the same Judge.
Following are II a. ui. bids: May 10.15,
» mr«: i miikiihth itougui .liny. mu proic*
alonsl longs are liquidating their July longs,
and this option weakens os fast as It ad
vances. New crops steadier on prospects of
further rains In western and central belt.
Weather conditions during pnat twenty-
four hours were favorable east of the Mis
sissippi, where thoro was Imrdly any pre
cipitation, lujt unfavorable In Mississippi,
North Louisiana, Arkansas nnd north Texas,
where more rain fell. Indications point to
continued partly cloudy weather with scat
tered showers and cooler lu northwest por
tions.
Official forecast of colder nnd frost In Ar
kansas, territories and northwest Texus;
Coast Uns *
American Huger UvL .
Anaconda
American Locomotive,
preferred
Am. Smelting lief.
do, preferred . •
Atchison
zuiaou , . i i • •
do, preferred . ...
American Cotton Oil. .
Am. Car Foundry . • .
Baltimore A Ohio .
Canadian Paciflo . , .
Chicago and Nortbw'n.
Chesapeake A Ohio . .
Colorado Fuel A Iron. .
no, prererrea . . ••
5 Mcogo A Great w. .
iilcago, M., A St. P..
elawaro A Hudson. .
Distiller's Securities.
Erls
do, preferred
General Electric • . .
IIIIdoIb Central ....
Am. Ica Securities • .
Louisville A Nash fills.
Mexican Central . • .
Missouri PsdAe . . . .
137%
*1
NAME OF STOCK.
N. Ont. Ac W. . .
National Lead. . • •
Northern Pacific. • •
New York Central. •
Norfolk A Wasters. .
Pennsylvania
Pacific Mall. .
Heading. . .
Republic* Kteel.
do. preferred. . .
fi loss-Sheffield. . . .
Tenn. Coal A Iron. . •
Texas A Pacific. . . .
Union Pacific. ......
United States Steel. . • • <
do. preferred. . . • • ,
Vs.-Car.CbemlcaL . . . . ,
do. preferred. • • . . ,
Western Union.
Wabash.
do. preferred
Wisconsin Central. • • • ,
do. preferred
|g
8
,5!*
NEW YORK.
York today:
■nuraif, irmiunci Him uuriunm jrtua,
also of showers and rnlns lu all state* ex
cept the Atlantic*, causes renewed buying
of new crops.
COTTON YARN8 EASIER;
THE DEMAND 18 ACTIVE,
The New Y'ork Commercial: Further con
cessions ore reported In various quarters
of the cotton yarn market and business Is
stated to have been put through for severul
falr-nlsed Iota nt these lower values. Fine
count weaving ynrns continue to be fairly
firmly held, but soft spots are reported
In the medium and lower counts. Weavers
have been operating lu the market as their
supplies have reached a low point, aud they
have been forced to fill In. Conservative
members of the trade still believe that the
steady buying now lu evldeure will result
la placing the market ou a firmer basis
shortly, and that the concessions now In
Helling agents representing
larger
-Jons of any marked character, but
stated thut business lifts been put
through for delivery ns far ahead na next
April by some of the spinners at mures-
alona nmounting to %c. The demand for
weaving yarns has been quite brisk since
**■ ’ opened and this has done tnorf*
lung to steady prices. Buyers
have made strong drives ngnlnat open inn
ket
still
ninny Instances frustrated these attempts.
Knitting yarns are active and u very
good business Is reported In the market. In
addition to the stunll knitters n|»erntlng lu
New York, steady; nildill
New Orleans,
Norfolk.
Memphis.
tors, steady; middling ji.do.
irlenus. steady; middling 11
k. thin; middling 12*4.
!»l*. steady; middling ll*.
ton. steady; middling 1174.
Savannah, steady; middling 11 is.
— * ' * * lllng 11c.
Charleston, steady; middling
Boston, steady;
TODAY’S PORT RECEIPT8.
Tbs following table shows receipt* at th*
L rte today, compared with the same day
it year:
New Orleans.
Galveston. . .
dobllf. ....
avanuah. . .
arleston. , .
ilngton. ,
iw York.« . . ,
•ten.
unswlrk. . . .
ifle coast. * .
INTERIOR RECEIPT8.
The following table shows receipts at tba
Interior towns today, compared with the
same day last year;
HAYWARD. VICK A CLARK'S
VIViv Ol UUnnN o
DAILY COTTON LETTER
New Orleans. May 8.—Although Liverpool
offered no encouragement, there was an
other sharp advance la our market this
morning, showing that bullish feeling Is
•till running high. At yesterday, new
crops wars the moat favored In the trad
ing on s wet map for the western half of
the belt Further rain* occurred during the
K st 24 hours in Mississippi, Louisiana. Ar-
nsas and Texas and all correspondence
from the delta and Arkansas contains seri
ous complaints about Interference to farm
work, scarcity aud quality of seed. Weather
conditions east of the Mississippi were
•gain more favorable, with hardly any pro*
cf pi tat ion nnd temperature seasonable. The
outlook Is for further ralu III the southern
and central portion* and colder weather In
the northwest. This Is considered unfavor
able and brought more buying Into the mar
ket. July, however, weakened, as profes
sional lougs were taking profits. It Is dan-
S rous, however, to work lu this option, a*
e situation Is unchanged, tenderable cot
ton just as scarce as ever and professions!
Spots are steady at quotations. Nothing
new; small business, owing to poor supply.
New York. May 3.-J. fl. Bache A Co.:
Price* ruled feverish this morning. Home
eonfuslou existed regarding the Price suit
Fhorts covered eagerly, but there was some
selling on the advance by the big traders,
which eased the market somewhat. The
bulls seemed to allow the market to drift
by Itself a sensational offer of 100,009 hales
of May at 10.60 on tha opening and later an
offer of 20.000 Jnly at 10.38 checked an oartr
scare of the shorts. The weather conditions
do not Improve, but In view of th** recent
advance of cottou aborts aeeui pretty well
covered and we would not bit surprUed to
see easier markets. The bulls have full
pear Inclined to press every'advantage.
the market, several Inrge concerns are now
placing orders, and there Is n firmer feel
ing among sellers of knitting .vnrns. The
demand coming forward for hosiery couuts
Heller* are firm tallevers In high prices
and claim that the present softness can not
last, especially as cotton continue* to ad
vance and Is today higher than It
ATLANTA MARKETS.
FRUIT AND PRODUCE.
EGGB—Active, 17c.
LIVE POULTRY—Ilona, active. 85040c
P ich; chickens, active. 2S045c each; ducks,
akin, 33c each; puddle 26030c each; geese,
full feathered, 60c each; turkeys, active,
FOULTRY—Geese, undrawn,
active. 10c pound: turkeys, undrawn, ac
tive, 16016c pound; frits, active, 18020c
pound* hens. 14c pound.
PRODUCE—Lards. 10c pound; bams. a<
uuu, •uvuiuria, ni ui.i
«. 10c pound: butter, aetl. _. _
_ pounds beeiw.i, actlv., Sc pound;
.pound ■rasr ncneeT pound.
apples, 6c pound; white peas, active. $3J
hush'd- Indy pea*. 13.60; stock, f 1.7502.15. ■
FRUITS—Lemons, fancy Mcsaena. $6.7S$L
• 00. Ilananas, per bunch, calls, active. 90c
» BI1; straights, 11.6002. Pineapples, Fieri J
■ stock, per crate, 14.60. Orange*. Florida
stock, owing to site aud condition on arl
rival, per box, $4.0004.50. Apples, choice Ben
Davis, none; fancy, $6.50; New York state
apples, fancy, $6.50. Grape fruit, Florida
stock, owing to site and color, pad
box, t2.6O0.l6o. Lino's. Florida stock, in
hundred 11.25; Peanuts In sack, averaging
one hundred pounds curb, owing to rrndw.i
per pound 6*ti:*e. Htruwberrlea, 1214015c,
active; cabbage, standard crates, ac
tive, $2.75 crate; cabbage, barrels, 2*c lb.;
egg plaut, alow. $2.50 orate; cucumbers,
lift) crate; tomatoes, fancy, active, $2,500
$3.00; potatoes, new crop, 1606 barrel; onions
dry, active, $2.25 bushel; Irish potstoes, ac
tive. No. 1 11.1801.89 bushel: celery, fttney,
May..
June. ,
July.,
Aug. ,
Hcpt. •
Oct. .
Nov. ,
Dec. .
Jan.
Ill
10.86 10.36
10.41 10.80
10.23 10.08
10.1510.07
10.40 10.28
10.33 10.33
10.43 10.34
10.68 10.48
10.14 10.1$
mm 10.35
10.21
10.10
10.00
10.32
10.33
10.33
IMI
10.12-14
10.18-20
|0«$) tl
10.10-11
10.09-10
10.31-32
10.33-35
10.37-38
10.51 r
4’bmed easy ou near, steady on late.
10.24 2
10.26-28
10.33
10.20-22
10.12-14
10.33 I
10.34-36
10.87-38
10.53-64
NOTES ON GRAIN.
Pointers on Provisions.
Special to The fforglnn.
(From Hayward, Vick A Clark.)
Chicago, Mny 3.—Bartlett, Frazier A Car-
Look for moderate receipts of corn and
oats, and believe corn liable to sympathise
with wheat. Think onts a purchase on soft
spots on account of weather conditions.
Would prefer to sell provisions ou any
advance.
Oiunhs wires: "Blizzard raging here, with
cold wave. Temperature now 25 above and
getting colder. Everything frozen up."
The Chicago Evening Post* **•
Khus., wired Kansas City:
Abilene,
There will be
harvest here."
. romlnent Minneapolis elevator man
write* that there will be a reduction of as
inch a* 23 to 40 per ceut In the spring
heat seeding of North Dnkotn, the dif
ference being taken up by durum wheat,
barley nnd finxseed.
Janie* M. Hchsnk, with llnrtlett-Frazler,
said of-trade In the wheat pit: "The bull-
l*h weather map aud relu*tntliig of Hue* of
wheat sold by 8. C. Love yesterday are
the big feature* to wheat."
• Letter from New Castle, Ind., to J. II.
Heenie A Co. *nys: "Conditions today
would not Indicate above half crop of
wheat lu this atnte. From reports this Is
•nersl outlook over the state; entirely
audition* within uext ten days would
the gen
good eo
LIVERPOOL.
The following table gives tha opening
range and close, compared with yesterday:
Futures opened barely steady.
Opening _ Previous
Range. 2 p.m. Close. Close.
May 6.09 -6.11* .... 6.14 6.09*
May-June.... 6.09*-6.12 6.13* 6.13'' “
June-July.... 6.02* 0.02 6.04 6.06’
July-August. 6.99 -6.98* 6.98* 6.99’
Aug.-Hept... 6.87**6.86 6.87 6.86’
Sept.-Oct.... 6.80* 5.79 5.79 5.78’
Oct.-Nov 6.73 -5.72
Nov.-Dec.... 6.71 *-5.70]
Dec.-Jan.... 6.70 .-5.69}
Jan.-Feb.... 6.69 *>5.68]
Feb.-March.. 6.68
Cloaed barely steady.
6.09
6.03
6.99*
6.70 6.71
6.68* 6.70
5.68 6.69
.... 6.70
NEW ORLEANS.
Tha following !• the range In cotton fa*
tores In New Orleana today:
I
nigh.
Low.
si 11 III'
M«r
Juue. • • .
July.. • • .
Aug. • • .
Hept. • • .
Oct. . • • .
Not. . . .
Dec. « • • .
Jan. . • .
11.20
11*.64
10.66
10.65
10.74
1L2811L 15111.171 U.18*14jll.15-16
11.14 11.20-22
1L61 11.87 11.39 11.38-89 11.45-46
( 11.13 11.16-19
10.76-77 10.70
10.69 10.57 10.57 10.67-56 10.60-61
10.57-5810.59-61
10.69 10.6$ 10.57 10.56-57 10.58-60
10.74|10.67| 10.67| 10.59-60! 10.61-6?
Closed steady.
■... -■ ■-
TRADING IN WHEftT
ACTIVE AND BROAD
Early Sharp Advance Was
Lost on Profit Taking
Sales.
fork'message received early In the
day: "Wo are told there I* njrerjr good
continental Inquiry here today for durum.
Mnnltobu and some No. 2 hard wheat.
Also hear of some No. 2 red worked. Latter
probably for Lisbon."
Broker In provisions said: ‘The placing
of Slay product again the principal business
In provisions. This and sales of about
2,500
2.500 fierce* of Jnly lard through commit*-
slon houses made au easier market. Hhorts
continued to lend lu the buying. Home of
this was by English house*."
Following from Comstock, Minn.: 'Heed
okra, alx basket*, small. $3 crate; canli
flower, active, 607c pound; lettuce, beaded,
active, $2 crate* sweet potatoes, white, at*,
tlve, 60c bushel; kraut, half barrel, $3.75;
beans, $3.50 crate; English peas, $2 crate;
Egyptian onlou, 4*c pounds.
FLOUR, GRAIN ANO PROVISIONS.
FLOUR—Highest patent $5.10; best patent
$4.76; standard patent $4.85; half patent
ilc; cracked corn, per
|12.ko.
CHICKEN FEED—Fifty-pound tacks. 90c;
B rtna chick feed 11.90; \lctor feed, 81.81;
nnar feed, $L2$: bran feed, 11.31
OAT8-N0. 2 white, 69c; No. U mixed, 66c;
Golden oats. 66c.
MEAIi—Plain, per 96pound sacks, 69c:
plain, 48 pound sucks, 70c; plain, 20-pounu
sacks. 71c; germ, $1 25.
HAV—Timothy, cholcs large balsa, 81.80;
«.o, choice, small 1>ale*, 01.30: do No. 1 third
bales, $1.8); do No. 2 third bales $1.20; No.
1 clover, mixed, $1.20; choice prairie $1; her-
muds $1.
8IIORTB—Choice white 81.46: Texas whits
$1.36; fancy 80 pound $1.35; brown 800100-
pound $1.30.
PROVI8IC NS.
FROVIMONH—Supreme hams. 15*c; bel
lies. 20025-pound average, 10c; fat bos
1.22*; plate*. 8.15; Supreme lard, 9*; Purity
compound $*<•; California bams, 10.50; dry
salt extra rlbs^ 9 56c.
GROCERIES-
RICR-Jap 60**c; bead 6&fc; fancy bead
GEBB—Fancy full craam dairy, l$*c;
twin* lfr*.
Bl’GAR—Standard granulated 9S 10; New
Y'ork refined 4*c; plantation 4Jke.
COFFEE—Rotated Arbnckles $14; *
blacuft. fc cate: No. 2 rolled
oata, |S case. Back grits, 96-pound bags,
$1 *. Ovsters. full weight. $2 case; light
eight, $1.10 case. Evaporated apples.
. iron . .
pound. Pepper, 18c. Baking powder*.
«-• —• ** Pink aalin
: light
(V
era. $5
trcl among the pit elemeut.
vwwm. Red salmou. $5 case. Pink aalinon.
64 36 ease. Cocoa, 40c; chocolate, 23c: snuff.
1-pound Jars, 48c. Roast beef. $2.60 case
l. M. Fairchild.
L. H. FAIRCHILD & COMPANY.
NEW ORLEANS.
„ . . _ UMib.ru
vI2 1 "**? ? xe, ‘* n **- £•* Tcrk Cbff*. E*ch«>,%
Yo_f« cotton Eachm,«. New Orlcan. Board of Trttd^
»..w OrlMU. . 8loc ^,E«h.n,« Chicago Bo«rd_of Tr.d.,
COTTON ASSOCIATION.
Ing Is progressing very slowly. This Is the
first day that teams have been started In
the fields lu the morning. About 25 per
ent of the wheat seeded."
Omaha message: "The weather bureau
show* a deficiency of 3.03 In precipitation
In Nebraska alnce March 1. Clear and cool.
No rain reported anywhere. The weather
bureau record for April show* it wna
the coldest In twenty-six years nnd the
eoldest but ono sluce bureau wna orguu
Hoyt, traveling In southwest for W. II.
take, wired from Wellington, Kan*.: "Fully
60 per cent dnmnge around here to wheat.
J. II. Wrenn A Co. put out over 2.500.-
000 bushels wheat this morning. Drestimnhly
for Llchstern. It was token l»y Parker
and Peavey. What Parker took was thought
to be for account of Albert Dickinson
Co., the seedsmen, and would be trabsfc
red to the latter’s elevators.
MODERN MILLER CROP REPORT,
Hf. Louis. Mny 3.—Reports from winter
whejit millers Indicate no extensive cr»|i
duurnge outside of Texas and Oklahoma.
Except lu northern Oklahoma that state
nnd Texas have practically lost their crop
through green bug ravage*. Heverul large
iroduclng counties In southern Kansas
nve suffered material loss by bug and
reported elsewhere. Injury by winter kill
ing frosts or flood* In the more eastern
state* and deterioration through lack of
moisture III Kansaa Is reported, but no ae-
Hi»u* dnumge I* noted. During the Inst
k of April favorable weather bn* had a
k’enrly all are united In the belief that
sosnltie growing weather will overcome roe
bad effects of the cold, dry spell of April.
A BIG FORTUNE MADE
ON THE 8LUMP IN OATS.
Chicago. May 3.—By manipulating the
. . — * L - Mar
way from ijjWO.WW \o 15,000.000 bushels, and
he now has a profit averaging lie a bushel.
llad not Patten sold 2,000.000 bushel* of
Mny during the last two day* the price
would undoubtedly have reached 50c or .
higher level. By manipulating the price the
Patten broker* have been enabled to keep
It around the 47c level, although It ha* been
up as high as 4V. the highest since May,
19*>2, when It reached 49*c.
,pt* today l .
.Jar 32S.000 biialiels; shipment* today 251,000
bushels; last year 206.000 bushel*.
Corn-Receipt* today 418.ftS) bushels; last
rear 475.000 bushels; shipments today 430,-
ftOO bushels; last year 329,000 bushels.
THE METAL MARKET.
New York. Mny 3.—Extreme dullness pre
vailed In the meral market. Prices stemly.
Spot and near by deliveries or tlu off *c.
Lead, spelter and copper unchanged.
Corned beef, $2 60 cate. Catsup, $1.M case.
Sirup, New Orleans. 35c sallon; corn, 30c
S I Ion: Cuba, 86c gallon: Georgia mne. 36c
le. )09-pound, 60c. Axle grease. $1.78. Soda
Impound. $2 23. Nsvj beans. $2; Lima beans,
6«-. Best matches, per gross, $1.66. Maca
roni. «*07o per pournl. HanUnea. mnstard.
$3.25 case. Potash. $3 25019*. case. Peanuts,
H*<*. Rope. 4-ply cotton, 18c. Boap, $1,500
FISH.
Bream. 7c pound; snapper. IV nonad;
trout, 8c |Hiund; blue fish. 7c pound; poro-
patio. 3e pound; mackerel. »M>un'l:
ml red fish. 5c pound: fresh wafei front. 9c
Private wires to NPW vnnV ■ li 1 Vine a m mfxc«l fish. 5c pound: fresh ware* front. 9c
» T P RK RBJ CWCAJO. Order* aottcl.ed toi G§+ p ,.uml: klorbla shad roe IV: buck 10c:
im d'Uvsc r . to abav# iUchangea. u. c. CDTsUlAK beorgU shad roe. 49c; buck. 15c each. *
Chicago, May 3.—I^arge sized chunks
of money were grabbed In the wheat
pit today by longs. They sold early
and late, but picked out the hard spots
so far as It was possible on which to
dump their grain. The market was a
big, broad affair. Every house In the
trade filled orders. The local specula
tors, as well as the outsiders, backed
and filled. It was a day of quick but
moderate changes. The big men In the
trade were at the helm. They let go of
their wheat, and let go of it In big
lots. The Modern Miller outlook, which
made Its appearance at 11:30 o’clock,
was the signal for a general dumping
by longs. It said that Its miller corre
spondents almost to a man united In
the opinion that seasonable growing
weather will overcome the bad effects
of the cold, dry spell of April. The re
port says further that there w no ex
tensive crop damage outside of Texaa
and Oklahoma. Except In north Ok
lahoma that state and Texas have
practically lost their crop through
green bug ravages. Heveral large pro
ducing coupties In southern Kansas
have suffered material losses by bug
and drought. The market closed l-4c
up to 1-8^1-40.017 for the day. May
ranged between 81 and 82 l-2c, July be
tween 83 3-4 and 85 l-8c and Septem
ber between 85 3-8086 3-4c.
Corn cloaed 2-80I-4C off to l-802-4c
up after a dull session.
Trade In oats was large, with profit
taking* by-longs the feature.
Provision* closed about steady.
Cash transactions Included 35,000
bushels wheat,* 85,000 bushels corn and
205.000 bushels oats at Chicago.
The seaboard reported 18 loads
wheat, 23 loads corn und 60,000 bushels
oats for export.
WEATHER REPORT.
STATE FORECASTS.
Georgia and Routh Carolina—Showers to
night or Saturday.
Alabama—Showers tonight sod Saturday;
cooler Saturday.
WEATHER CONDITIONS.
The northwestern area of high barometer
over the Dakotas. East of the Mississippi
and throughout the Houtb the pressure has
decreased during the last 24 hours, but there
la no marked low pressure area ou the map.
Cloudluess prevails over the entire coan
Texas, the lower Mississippi valley, ou the
8011th Atlantic coast and at scattered sta
tions In the northwest. Rain was falling
this morning at Vicksburg, Fort Smith aud
Kansas City.
Accompanying the northwoatern high area
s an area of Tow temperature, while over
CHICAGO GRAIN MARKET.
for today
~ ... . Previous
0peD * I,, * b * Low. Close. Close
WHEAT-
Mity 81*
82*
98
60%
60*
S3
July 84%
Hept 86*
COK.V—
May 50
July 50
■’T&w."*
fc If 4
*%hkJ*»
May.. 15.70
July., 13.92* 15.96
Sent.. 16.06 16.05
LARD—
May... 8.70 8.70
July... 8.85 8.85 8.80
Hept... 8.97* 8.97* 8.90
HIDES—
May
July... 8.77* 8.77*
Sept... 8.85 8.85
85*
86
15.70
15.67* 15.67* 15.65
15.92* 15.92* 15.96
16.06 16.06 16.06
8.65
8.67% 8.67*
8.82* 8.82*
8.92* 8.16
8.60 8.62*
.72* 8.72* 8.75
.82ft 8.82* 8.86
HAYWARD, VICK A CLARK’S
DAILY GRAIN LETTER.
Chicago, May 8.—Bartlett. Frazier A Car-
Ting ton: The market waa somewhat erratic
though averaging higher. The news Is
strong. Kith domestic and foreign, but the
local contingent Is disposed to sell. Frosts
were general last night, and the prediction
Is for even lower temperatures tonight.
1 ad
vance and continental markets ma<
ther substantial gains./ Weather conditions
on the continent are agalust the advance
ment of vegetation. w - ■
Corn steady on a very limited trade. Ca
ble* Indicated some easiness abroad, a*
Argentina and Dauube are offering more
freely.
the most of the country the 24-£our changes
are small.
Tho conditions favor cloudy weather In
this section touight or Haturday; cooler Sat
urday.
COTTON REGION BULLETIN.
at 8 a. m., 75tb
8TATION8
ATLANTA
DISTRICT.
IT*
i
•Afnuta, cloudy. . . .
*Clnttanooga, cloudy.
Cofhmbus, clondy. . .
Gainesville, cloudy....
Greenville, cloudy.
Griffin, cloudy. . . .
Newnan. pt. cloudy...
Rome, clear. . . .
Hnartanburg, cloudy.
Tallapooaa, cloudy. .
Toccon, cloudy. . . .
West Point, cloudy.
•Macon, cloudy. . . .
Montleello, cloudy.’.
•Minimum temperature for
Max.*
It?
T.
rlod ending 8 u. 111. this date.
be 12-bour pe
TIPS FLASHED
From Wall Street.
Special ro The Georgian.
. (From Hayward, Vick A Clark.)
New York, May 3.—London generally
above parity. Bontberu Pacific strong.
While there Is some admission of coming
events In Union Pacific by people In touch
with the management, there !• nothing
READING OPENED
A FRACTION LOWER
will lie. Some addition to the execuM
committee la uot denied, but tbla la the
extent that the outside public Is allowed
to glean. Southern Pacific has not ad
vanced comraeuaurately with Union Pacific,
and the higher level In London for the
‘ ‘ itart a movement In It.
quarterly report will
probably bring higher prices for the com
mon stork. The Steel preferred stock Is
Coppers frill play an Important part In
any market advance.
The big advance In grain was completely
Ignored. A strong opening looked for, but
New York Financial Bureau: John W.
Intimating
street are themselves gamblers in business,
agriculture or other pursuits.
around dosing levels yestetday, the price
can lie lifted radically.
Northern Pacific nnd Great Northern pre-
Eastern conservative Institutions.
Pennsylvania la tipped to recover Its div
idend, selling ex today. It Is now reported
to lie lu a move several points upward.
St. Paul Is well taught on recessions.
Smelters can be raised further If the pool
takes present offerings Just above closing
prices.
Tip
active stocks. Including Brooklyn
KaiH ...
Erie nnd Canadian Pacific, are fluctuating
‘ 1 a trading range.
Missouri Pacific Is In shape to do much
Town Topics:
are confidently bullish
_ the situation. We believe thoroughly
In considerably higher prices In Union Pa
cific. and In fact In the standard railroad
■ generally. Every consideration lenda
> take this optimistic position. We
1 absolutely disregard present c
ge reports. Foreigners are buying
wheat, not because of crop damage n<
lecause of crop damage abroad. There
< C W'
tig abroad at high prices and the farm
rill ta more than compensated for any
“ uf-
crop, which Inded has auf
turns and timely rains during the current
month.
Birmingham Iron has been advanced and
the steel trade la prosperous nnd business
* very kind Is on a large scale.
the good stocks *t least"for a turn.
Heading and 8t Paul should emulate
Union Pacific and higher prices will also be
witnessed In Atchlsou. Pennsylvania, North
western, New Y'ork Central. Delaware and
Hudson. Louisville and Nashville, Atlantic
liliunuii. lAnjiBfllln UU(I .Mlsln llll% AltUUiH;
Coast Line, Amalgamated, Smelters, and
Steel.
Cotton and wheat should still be bought
ou moderate recessions.
THE COFFEE MARKET.
New York, May 3.—Following are coffee
cables:
Havre, 10 a. m.—Market quiet; noon, ad
mired * frune; sales. 27,000; arrivals all
kinds during week, 12.000; deliveries, 64.000;
stocks, 2.642,000, of which 2,137,000 are Bra
zilian. Total quantity discharged, 12.000.
Hamburg, 10 a. in.—Market unchanged to
* pfennig advance: sales. 29,000.
, nuiaiRf, snit'S, 1F.UW.
Rio rccpIpts. ^.ftX); shlgments to Europe,
3,000; stock*. 773,000; market quiet.
Hnutos receipts, 34,000; stocks, 2,660,000
market w*eak.
Sao Paulo receipts, 86,200; Jnndlab:
Was the Exception, Other
Issues Opening Strong
and Higher.
ST. PAUL LED EARLY
At the Start It Was a Fu*
Point Up—Londor
Strong.
Now York. Stay JL—Price, opened ttil,
morning under n rn.h ot buying ord.rl
n-hlnh r*rrloil tha Inmllnrr ,»iulim .... , .
which carried the leading Hocks up trorn >.
point to a point from yeeterdny', close' Ai
the higher lerel, profit-taking ml*. %. ( ii
untered, n, —
wo, to be expected.
•Ion, which, In the courne of the forenoon
curried off thene gains nnd'nomethlng more
Tho market, howerer develop,
I weakness nt tny time, nnd tie tendeuc'r
tho trading to quiet down an prices re.
— — _ prlc
ceded was as distinct as ever. The news
from the West was again rather unfavora
ble, the cold weather snd freezing of
previous days continuing and the reports
of damages to winter wheat and of delav
In seeding of the spring crops being na
numerous as ever. On these advices, to
which wpre Joined a very poor showing lu
the Ohio state report for the month, the
price of wheat gained, although only a frac
tion. It was tbls that was considered more
than anything else on tb.e stock exchange
The desire to take profits on Speculative
pectations that the government flg_
the 10th of the month would reveal a very
low percentage for the winter wheat crop.
The comparative firmness of call moner,
which held at 3 per cent, was soother re-
New
Reading, which was reactionary and down
* on the Initial transaction, the stock
market opened strong, showing gains roug
ing from small fractions to over a point.
Southern Pacific was np * snd Union
raclfic %. St. Paul was tna leader and ad
vanced a full point.
MONEY AftD EXCHANGE.
New Y'ork, May 23.—Money on call
ninety days 4*; six months
Posted rates: Starling exchange $4.f<04.$7
with actual business In bankers’ Mllb nt
$4.864004.5615 for demand and 84.834504.83oO
- 66%; London bar silver * ad
vance at 30 5-16.
Mexican dollars 60*.
MINING 8TOCK8.
THE LONDON 8TOCK MARKET.
STOCK8—
lahy 1
. 14,(W0.
. weather, cloudy.
The following figures give the opening
the New York coffee
for today:
Opening
March .. ,
April .. ..
Mny .. ..
Juno .. ..
July .. ..
August ..
September
October
November
December
.,6.25-5.36
..5.30-6.35
..5.25-5.40
,.5.45-5.55
,.5.30-5.40
..5.35-5.40
,.6.25-5.35
..5.10-5.35
..5.26 5.30
..5.20-5.30
..5.25-5.35
Closed firm. Sales 23,500 tags.
5.35- 5.40
5.40- 5.451
r.,M r-.r-
5.60-5.60
5.40- 5.45
5.40-5.45
5.36- 5.40
5.35- 5.40
6.35- 6.40
5.36- 5.40
5.35-5.40
CHICAGO CAR LOT8.
and estimated receipts for tomorrow are as
follows:
Today. Tomor.
Heavy Rainfalls.
Alexandria, ta., 2.00: Schrlner, ta., 2.04
Nacogdoches, Tex., 2.22.
CENTRAL
Atlauta. . . .
Augusta. . . .
Charleston. . .
Galveston. . .
Little Rock. .
Memphis. . . .
Mobile
Montgomery. ..
New Orleans..
Oklahoma. . .
Savannah. .
Vicksburg. . .
Wilmington
bnrfgfcr 'AVEitAfflfo.'
Temperature.
Indicates Inappreciable rainfall. •For
yesterday. ••For 24 houra ending I a. m.,
•5th meridian time.
Remarks.
Higher temperatures are reported from
mpei
Texas and Oklahoma, lower temperatures
from the northeast section, while elsewhere
the temperature remain* nearly stationary.
Rains have been general throughout the
belt, being Inappreciable In Alabama.
J. B. MARBURT.
Section Director.
WEATHER IN COTTON BELT.
ant; take Charles.
ham. cloudy uud cooi. ugnt nun last nignr:
Waco, cloudy nnd cool, miu last night;
Waco, cloudy and cooi. miu last nigh
Temple, cloudy and warm, hard rain Ini
bl . .
night: Austin, misty and cool; Han Antonio,
cloudy and warmer; Taylor, cloudy, damp
and warmer.
raining nearly all night.
....... . cloudy and warm; Alexandria, been
raining, now cloudy nnd threatening, two
Inches rainfall: Jackson, ruining: Meridian,
mining and wnrro; Safeties, cloudy, hard
min this morning; Y'lcksburg, raining, min-
HAYWARD, VICK & CLARK,
COTTON, 8TOCK8, BONDS, COFFEE, GRAIN AND PROVISIONS.
Cxrond.tat and Gr.vtar Six. New Orlcam.
MEMBERS:
I New Orleans Future Broken* Aaaaclatlot.
New Orleana and Chicago Boards of Trad*
New Y'ork Coffee Exchange.
Associate Members Liverpool Cottoa Aaa’a
Wheat
*orn
Oat*
lloga, head..
NAVAL 8TORE8.
Savannah, Mny 3.-
sale* G9; receipts 415.
Rosin firm: sales 1.245; receipts 1,115; win
dow glass $5.65: water white $5.40; M $3.35;
N $5.20; K $5.15; I $4.90; II $4.80; G $4.75;
F $4.70; E $4.55; I) $4.60; AI1C 14.3004.35.
and warm; Kelmii. fair.
Louisiana—Monroe, raining, rained moat
of night; Shreveport, raining nnd warmer.
WEATHER FORFCAST.
Louisiana—Rain and colder In northwest;
Oklahoma nnd Indian Territory—Fair nnd
colder with frost; Haturday fair and
warmer.
Knit Texas (south)— Shower* nnd colder;
Huturday fnlr^ probably slower* ou the
coast, and collier.
West Texas (north)—Fair, with freezing
temperatnre; Haturday fair and warmer.
West Texas (south)—Fair and colder.
North Carolliui. Houtb Carolina and Geor
gia—Hhowers touight or Huturday.
East Florida—Fair.
West Florida and Mississippi—Showers to
uight or Saturday; colder.
Anaconda
Atchison
Amalgamated Copper ..
Baltimore and Ohio .. ,
Chesapeake nnd Ohio
Chicago and Great Western..
Canadian Pacific
Erie
do. preferred
Illinois Central
Kansas nnd Texas ,
do, preferred
Louisville .aud Nashville N •
Norfolk and Western •• •• •
New York Central
Ontario and Western .. „ «.
Philadelphia and Reading »•
Hock Island
Southern Railway •• ^ .. ,.
do, preferred .,
Southern Pacific •• M M ••
St. Panl M M
Union Pacific .. M M ..
United 8tstes Steel H m h »•
do, preferred ,« .. *
Wabash
COTTON 8EED OIL.
Opening.
Mrfy. . •
July. • • .
September.
October. . ...... . _
November. ••••••• 39*<
December. . . . 89*1
Closed steady.
ATTENTION WA8 TURNED
TO NEW CROP OPTIONS.
New Orleans. May 3.—The Tlmes-Penio
crat says: "There were aide light* to yes
terday's cotton market which augmented
the general Interests tremendously. In
the first place, the New Orleans cotton
108 uni IOC ilow vncsill * ’
change, on the evening before, had laum h-
Ing for an Injunction restraining l..
thorlsed persons from Illegally obtaining
ily ree
Its offleltf quotations. Only recently tbr
supreme court of the United State* h.i«l
held that such Institutions had the rl*iht
to protect their quotations. Next, sfter the
op
tions, which have fallen way behind »b«
procession. Thus, Respite a partially favor
able weather map, the fsll months exhibited
greatest strength of all the list. Third. r~-“
— ..... Orleans cotto
change shares as personal property/’—Hay
ward, Vick A Clark.
New York. Boston. Chicago. Washington. Philadelphia
Baltimore. Atlanta. New Orleans. San Francisco. London.
Th? Americah Au* G
.ompany,
100 Broadway, New York City.
F. W. LAFRENT2, C. P. A., Prea. G. E. MANWARING, Vice Prefc
THEO COCHEU, JR., Secretary,
The American Audit Company, chartered under the lawa of New York.
la empowered to examine the affalra of, and make report, upon the finan
cial condition of private and public concerns for director*, officers and In
dividuals. Tho preparation and Installing of systems a specialty.
ATLANTA BRANCH. 1015-1016-1017-101S FOURTH NAT'L BANK BLDG.
C. B. BIDWELL, Resident Manager.
Telephone, Main 872. Cable Addreie, Amdlt, New York.
New York and Chicago Correspondent..
J. 8. BACHE A CO.. AND BARTLETT, FRAZIER A CARRINGTON,
PRIVATE WIRES TO ALL POINTS.
ALONZO RICHARDSON & CO.
PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building.
ATLANTA.
Bell Phone, Maui 819.
GEORGIA.
.. . FltANK HAWKINS, President.
It. M. ATKINRON. Vlce l>re.ldent. THOMAS C. ERWIN, Ca.bler.
JOSEPH A. M'CORD, VIce-PreMilenL It. W. BYEK8, Awtatant Cutler.
Third National Bank
Capita! .... $200,000.00
Surplus and Profits $400,000.00
DR. A. W. CALHOUN.
MILTON DA KG AN.
JOHN W. GRANT.
H. Y. M'CORD.
FRANK HAWKINS,
II. M. ATKINSON.
JOSEPH A. M’CORD,
J. n. NUNN ALLY.
CARROLL PAYNE.
E. B. ROSSER.
DAVID WOODWARD.