Below is the OCR text representation for this newspapers page.

pmHWipiiyn 16 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.