Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, May 11, 1907, Image 8

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■ 1 ' THE A TLANTA GEORGIAN AND NEWS. baTL'KUAV, MAST 11. 1W7. START WAS BETTER! TURNEDWEAK LATER Better Weather Conditions in Texas' Was Depressing Influence. PROFESSIONALS SOLD Closed Barely Steady Net Unchanged to 5 Points Higher. New York, May 11.—The cotton market, after opening steadier at i»u advance of 40 6 points, was affected by l»etter weather condition* In Texan and developed weakneno In the first ten minutes. Moat of the sell ing was for professional account. Prices fell to about Inst night's level. The mar ket rallied a little, but only to sag again. After opening 4 to 6 points higher lu i spouse to the cable*, the active options sold down to last night's levels before the end of the first half hour. Trading woa quite ac tive and on the better weather shorts bo-' came very aggressive. The weather map made a rather favorable showing and the forecast promised further Improvement. From all reports that como from tho central sections of the belt the fields are too wet to ; prepare the ground, and n good week of sunshine and hot weather will bo necessary before active operations can be resumed. The close was barely steady, net t changed to 6 points higher. Comparative receipts at all U. 8. ports: E et receipts today 11,540 ime day last year 13,041 Decrease v 1,301 S othl receipts since September 1....9,436,024 ime time last year .....7,2*19,011 Increase ...2,196,013 Estimated receipts Monday^ New Orleans 800 to 1,600 Galveston 3,000 to 4,000 2,026 Houston 800 to 1,000 Movement st Atlanta: Receipts today None Same day last year Decrease v Shipments today Same day last year Decrease * Stock on band today •# 8ame day lust year Increase #• NEWS AND GOSSIP of the Fleecy Staple. Sprint 10 The Georxlsn. ~ - ire, VI . „ 17.—J. n. Bache & Co, v — on near and 102 hlgL.. steady %04 higher on near and unchanged to 2% np op late. Spots 3 higher: American middling 6.78; sales 8,000: American 7,000) speculation and export 600; Import! 1,000; all American. Liverpool higher this morning. It seems this Is a bull market, and every dip Is util ised to buy cotton. Conditions continue the same In the belt-complalnta every where. The remarkable resistance to bear pressure yesterday attested the strength of the cotton situation. We look for higher S rices. Think market a purchase on all Ips. ig Is the statistical position of Frida, **— H “ — —“ The New York nnnclat Chronicle: This Last Last Week. Week. Year. Visible supply ... 4.689.351 4.831,972 4.091,022 American ........ 3,176.351 8,376.972 2.631,022 In sight week .. 95,637 106,618 96,137 Since Sept. 1 12,545.415 12,450,229 9,948,464 SPOT COTTON MARKET. Liverpool, steady; middling uplands 6.78. Atlanta, steady: middling 119-16. New York, quiet; middling 11.90. New Orleans, steady; middling 1111-16. Galveston, steady; middling 12c. Mobile, steady: middling 11%. Wilmington, steady: middling 11%. S orfolk. firm; middling 12%. altltnore. nominal; middling 12%. Boston, quiet; middling 11.P Philadelphia, nulct; inludllnj Memphis, steady; middling ing I. 11%. 12.13. Houston, quiet; middling 1 TODAY’S PORT RECEIPTS. Port stocks Port receipts .... Exports .... ..... Interior receipts., lot. shipments... Interior stocks... 646.364 60,776 {&** 43,476 68,115 846,425 679.251 74,710 98,4*8 39,464 65,963- 371,061 639,689 Following Is the Liverpool weekly cotton statement for tho we«k^endiu^£lay Ut Vaek'a sales Of which Amer... For export 1.600 2.300 , 82.000 1.246.000 1.118.000 10,00-0 127,000 ■PMOTHBHIII 110,000 oMoo^BPP Since Sept. 1 4,292.000 8.421.000 3,675,000 Of which Amer...3,504.000 2.607.000 3.166.000 For speculation Forwarded Total stocks ... Of which Amor. Actual exports. Week's receipts , Of which Amer.. 60.000 63.000 3,500 1.900 68.000 986.000 871.000 6,000 83.000 1006. 49.000 43.000 2.600 2JD00 78.000 824.000 741.000 9.000 100.000 89,000 ATLANTA MARKETS. FRUIT AND PRODUCE. ; dried apples 607Vic pound. .•TABLES—Yellow squash $1.6002 white squash 8101.50 crate; cabbage, crate, 12.75: per pound In barrels Sc; strawberries 10015c: tomatoes nctlve, 12.2508.00: potatoes, new, *4.0006.25 barrel; onions, Lonlslann, 11.75 per bushel; Egyptian. 4c pound; old Irish potatoes active $1.1501.20 bushel; cel. ery, faucy, 12.50 crate; peppers active $2.60 crate; okra, six baskets, small. *3 crate lettuce, headed, active $1.5002 crate Tho following mill# .how, rec.tpta «t tb, ow,ot potato.,, white. netlve Me bu.hel ? — ‘ kmit, hnlf hnrrel, *3.76: twin*, round «rwA(.r (U, SSc _, _ _ none; cucumber,, $2.25 crate; era to. EGGS—Active. 17017%c. LIVE POu£TBY~Heaj f active XQiOt each; chickens active 25030c each; duck* Pekin, 35c each; puddle 25030c each; geese, full feathered, 60c each; turkeys active 12%c pound. DRESSED POULTUY-Geese, undrawn, active 10c pound; turkeys, undrawn, active 15016c pound; fries active 18020c pound; bens 14c pound. PRODUCE—Lards 11c pound; hams active 15c pound; shoulders active 9c pound; sides active 10c pound: butter active 22%028ej beeswax active 25c pound;* honey, bright, active 10c pound; honey, In l pouim blocks, active 12%o pound: white peas active $3.25 bushel; lady peas $3.50 bushel; stock $1,750 2.16 bushel. FRUITS—Lemons, funny Mossenn, $5.0< 6.25; bananas, per bunch, culls, active, $1.: straights 4c pound; pineapples, Cuban, ti “ $404.50; oranges, Florida stock, owing .'lorldn honey peaches, $5 crate. _ . fruit, Florida stock, owing to slxe and color, per box $2.5003; limes, Florida stock, 106 $1.50; peanuts, In sacks averaging New Orleans. Galveston. . Mobile Savannah. . . Charleston. . Wilmington. Norfolk. . . . New York. . INTERIOR RECEIPT8. The following table shows the Interior movement of cotton, compared with the tame day tast year: •.WORLD’S VISIBLE SUPPLY STATEMENT The world's visible supply of cotton, com piled by Secretary Hester of the New Or leans Cotton Exchange, for the week end ing Friday. May 10, shows a decrease of K 0,128 bales, against a decrease of 153,966 st year and a decrcaso of 13,381 year be- • (ore last. The total visible la *4,613,069, against 4,823,- 297 last week, 4.087,774 last year and 4,064,443 K ir before la»t. Of this the total of Amer- n cotton Is 3.091,996 against 3.363,197 last week. 2.537,774 Inst veer and 2.764,443 year before last, and of all other kinds. Including Egypt, Brasil, India, etc., 1,422,000, against 1.4K.000 last week* 1,560,000 last year and - £900,006 year before last. The total world's visible supply of cotton, f ti above, ahowe a decrease compered with ast week of *210.13. an lucrcase compared with last year of 625,295 and an Increase compared with year before last of 648,627. Or the world’s risible supply of cotton, as above, there Is now afloat and held In Great Britain aud continental Europe *2.762,200, against 2,010,000 last year and 197,000 year before last; In Egypt 144,000, against 118,000 last year and 186,000 year before last; tn India 804,000, against 1,070,000 last year and 177,000 year before last: aud In the United States 903,000, against 890,000 last year aud 1,031,000 year before laat. •Including Bremen and Hamburg stock redactions by Are, supposed to be about 26,- SPINNERS’ TAKINGS AMERICAN COTTO'N Secretary Hester gives the week’s takings of American cotton by spinners throughout the world as follows. In round numbers: This week *272,000 this year, against 225,000 Of this Northern splnncre and Canada took 2.340,000 bales this year, against 2,140.- 000 tast year and 1,956,006 the year before; Southern spinners 1,975,000, against 1,868,000 last year and 1,729.000 the year before, and foreign spinners *6.i51.aoo, against 6,270,000 last year and 6.766,000 the year before. •Including Bremen and Hamburg stock reduction by fire, supposed to be about 25,- 000 bales. HAYWARD, VICK & CLARK'S DAILY COTTON LETTER New Orleans, May 11.—The markets here for the past two days have been favoring a reaction. As operations on ttaturdny GROCERIES RICE—Jap 5<&5%c; head 607c; fancy head 6%07. according to the grade. cflEESB—Fancy full cream dairy 17%c; twins 17 %c. HUGAR—Htnndnrd granulated, $5.20; New 3’ork refined 4%e; plantation 4%c. COFFEE—Roasted Arbucklea $16* bulk In bags and barrel* 12c; green 11012c, Shredded biscuit 86 case; No. 2 rolled oats $3.25 cats; sack grits, 96-pound bags, $1.85; oysters, full weight, $2 case; light weight 81.10 case; evaporated apples 7%c‘ pouud; pepper 18c pound; baking powders $5 case; red salmon $5 case; pink salmon $4.35 case; * > 33c; snuff, 1-nound Jar*. “ case; corned beef $2.G0 S .90 case; sirup. New n; corn. 30i- gallon; Cubs 85c gallon; Georgia cane 36c gallon; salt 100-pound, 60c; nxle grease, $1.75; soda crack- era 6%c pound; lemon 76c: oyster 7c; bar rel candj “ —-* • -•* mi; it-iumi iur. uwun iv, nui- per pound, 6%c; mixed, i*er JIHRfiPn J tomatoes, 2-pound, $1.90 case; 8-pound, $2.25: navy beans. $2; Lima beans, 6c', best matches, per gross, $1.65; macaroni. case; potash, 83.264f3.80 case; peanuts, 7%c; case; potash, $3.2503.80 c$»e; peanuts, 77%c rope, 4-ply cotton, 18c; soup, $1.5004 case. FLOUR AND GRAIN. _ .n. per .... . CHICKEN FEED—Fifty-pound sacks 90c; Purina chick feed, $1.90; victor feed, $1.80; brand feed, $1.30. OATS—No. I white. 68c; No. 2 mixed, 57c; Golden oats 67c; white clipped 60c. MEAL—Plain, per 96-pouud sacks, 70c;-48 pound sacks 71c, plain 20-pouud sacks 72c; germ $1.25. HAY—Timothy, choice large bales 81.90; do, choice, small bales, 81.30; do No. 1, third bates, $1.30; No. 2 third bales, $1.20; No. 1 clover, mixed, $1.20; choice prairie, 81: Bermuda $1. SHORTS—Choice white $1.45; Texas whits $1.35; faftcy 80-pound $1.35; brown 800100 pouuds, $1.35. . . erne bams I5%c: bel lies 204125c pound; average 9.90c; fat backs 7.92%; plates 7.82%; Supreme law 9?6c; Pur- Ity compound fc%c: California bams 10.50; dry salt extra ribs 9.40. fish/ FJRII—Bream 7c pound; snapper 10* pound; trout 8c pound; blue fish 7c pound, pompano 25c pound: mackerel 12%c poutul; - - -— *—*; V |t»ui|tauu |tuuuu. lumam-i i«7|v mixed flsh 5c pound: fresh water front ound; Florida shad roe 26c; buck * corf la shod roe 40c; buck 15c each. NAVAL STORES. Special to The Georgian. 63%c; sales, 155; receipt*. u!72H&i»; G.‘ $4.7004.80; F, $4.6504.75; E, $4.65; D, $4.45; ABC, $4.37%04.4O. caused prices to recede. The desire for a reaction Is hated on the wish to get In at safer figures, and, at many are waiting to buy, the setback will hardly be very great, Liverpool seems to be ripe for a normal re action more than our markets. Neither the bullish Chronicle nor the bullish visi ble supply changes had any effect there, man shows generally fair weather In J* the territories. Louisiana and Ar- kansas. Only light scattered showers In Mhslsslnpl and I<oulsIami, but general rains, some heavy In Alabama and the eastern belt. Weather conditions unsettled and more rain Is Indicated for the central aud eastern licit for Monday. Price move ment for next week depends entirely on the weather. Only after several day* or dry weather would operations on Improved crop prospects be justified, ami tnen ft must l*e not forgotten that leading Inter ests. through their hold on old crops, prac tical!) control the markets. Spots are quiet. Scattered business at steady price*. i. K Fairchild. •. J. Whit* L. H. FAIRCHILD & COMPANY. new ORLEANS. New Orleans Cotton Excitant* ’ New Tertc Coffee Exchane* New York Cotton Eirhantc, New Orient], Board of Trad* Ntw Orlaana Stock Enchant* Chicago Board of Trad* LIVERPOOL COTTON ASSOCIATION. Prlvata w|ra, to NEW YORK anj CHICAGO. Or.fcr, for £•» tar* d.Urarr. on above Excltar.se* U. C. COYitAAlC Edited by Joseph B. Lively MARKETS Mr. Lively's twenty-flvs years* experience of ed iting markets in Atlanta and the South has made him a recognized au thority Id bis specialty. TIPS FLASHED From Wall Street RANGE OF NEW : YORK STOCKS AND COTTON MARKETS NAME OF STOCK. Amalgamated Copper . Atlantic Coast Line . American ttugar Ref. . Anaconda American Locomotive. do, preferred . . .. Am. Bmeltlug lief. * . qo. preierreo . . .. American Cotton Oil. . Am. Car Foundry • • . Baltimore A Ohio . . . Brooklyn Rapid Tran.. Canadian Pacific . • . Chicago and Northir'o. Chesapeake * Ohio . . Colorado Fuel Sc Iron. Central Leather .... do, preferred ... Chicago Sc Great W. Erie do, preferred ........ General Electric Illinois Central . . . . • , Am. Ice Securities . . • • Louisville A NaahvlUs. • . Total stock sales 267,800 shares. i ti Es u 0 a s 9314 “53% • 93 12S~ U4% 62 6214 62 ii6% 107% 107% ffl •91% 91% 90 i P i rj r.9 58% 174% 160% 17444 163 . mi 34'* 84'* m ii" ii" ii" W* J30 13214 19014 132% 180 s* %66 147 1* 147 i 74** 74" 7314 ii" mi NAME OF STOCK. N. Y„ tint. AW... National Lead. . . . Northern Pacific. . . New York Central. . Norfolk Sc Western. . Pennsylvania. • . • • People’s Gaa Pressed Steel Car. • do. preferred. • • Pacific alalL Reading, ...... Republic Steel. . . . do. preferred. • . , Sloss-Sbeffleld. . . . , Tenn. Coal 6c Iron. • « Texas 6c Pacific. . . . , Union Pacific. . ... , United States Steel.. « do. preferred. Western Union. • • • • , Wabash. do. preferred. . . , , Wisconsin CentraL • . , do. preferred. . . , m M NEWYORK. turea In New STayTT June, July.. Aug. Sept. Oct. Nov. Dec. Jan. Closed barely on near. ti 10.72 rTw 10.7216.71-7216.^ mm 10.69 10.71-73 10,67-69 10.7 IIP*. 73-71'10.70-71 10.62 10.52-53 10.50-51 10.63 10.60-52110.60-61 10.67 10.66-67 10.66-67 10.66-63 10.66^8 10.07 10.67-*'« 10.G7-*'S 10.7K 10.78-79 1O.79-S0 steady on distant and Ann LIVERPPOOL. 6.27% The following figures give the . range and .close, at compared wit] previous close In Liverpool . Opening Range. May 6.27% May-June 6.25 J uneJuly 6.18 uly-August 6.11 August-Septerober. 6.99% Beptember-Oct.... i.91% Oct.-Nov 6.86 Nov.*Dec 6.82 De^.-January 6.81 January-February. 5.80 February-Mareh.* 5.81% Closed steady. 5.98 5.91 • 6.84% £88 NEW ORLEANS. Tito following fa the range la cotton fu tures in New Orleans today; 111 k 5 Laat Sale. Cl OH d May jU.31jn.S-t June. • * 1 July.. • 9 . 1L621L63 oc??‘. \ * ! io!92 ib!« Dec* ! * I ! iius io!s6 Jan 110.89| 10.93 ii.2& iV.55 ib!ss fo.*83 10.88 11.30111.25-27 [11.30 11.68 U. 57-58 11.26 11.19 10.88 10.88-89 10.85-87 10.84 10.83-84 10.93 10.87-89 TOT36 11.86 11.62-63 11.33 11.20-25 10.95-96 10:92-94 10.91-92 10.95-96 NOTES ON GRAIN. Pointers on Provisions. Special to The Georgian. ^ ^ (From Hayward, Vick A Clark.) Chicago, May 11.—Bartlett, Frazier A Car- rlngtmi: Reports bad from all sections of both winter wheat nnd spring wheat coun try. Believe wheat Is a purchase on every soft spot. Receipts of corn continue moderate and probably will for the next ten days or two weeks. After that look for larger move- ment. May ndvanoe aome In sympathy with wheat, but would prefer to sell September coni on any sharp bulges. Reports relative to the growing oats crop re not nt all favorable nnd believe the de* •rred futures a purchase on soft spots. Think provisions, especially lard, a pur chase. Our Liverpool house cables: "Wbtnt af fected. The market la very firm with cou* tlnentnf demand. Corn dull; very little de mand." Weather afllt cold throughout the west with somewhat higher temperatures In uorthwest. Killing frosts throughout large portion of groin belt last nlgbt. ADVANCE IK WHEAT SHARPJT OPENING Trade Was Too Big and Broad to Follow Indi vidual ealings. uifiivr mr me ubj. mo iu*i *n broad affair, and values mounted .upward In a sensational manner early on buying “ Around .« v ^ there was n heavy profit-taking by the trading In general, asd a setback resulted,, but there wna a further advance Inter. The day’s business was the largest Saturday for a period of five years. All the domestic markets wore higher and foreign markets MOVEMENT OF COTTON ,h8m “I* ; Bn,U ' DURING PAST AVEEK ..hf°S n ?»e‘.T n a , ^ e wa, anowlng’lu the Northweit. Corn chwefl TlfflUc higher. Oat, were up taCHc uud prorlalona gelo- ed 10«*7Hc. light for the week nnd aeaaon. aa compl . Iijr Huperlntenilcnt King of the New York Cotton STATEMENT. TUI* . Lett Year. Year. Port receipt, (9,932 69,247 Overland to mill, and Cnn- ada 1U42 •Southern mill* takluga *4,009 Lons of stock at Interior towns 22,906 Brought Into sight for wk. 91,669 “ total crop movesient. This Year. . ort receipts 9,461,770 7 Overland to mllla and Can- adit 1,102.476 •Southern mill, taking,...1,949,000 1 Stock at Interior town. In oxceaa of Sept, t 294,989 21,030 81,436 Brought Into eight thue far for aeaaon .12.749,144 10,160.9 J. BARNE8-FAIN COMPANY FRUIT AND PRODUCE LETTER The present week ha* been an nctlve ono In all branches of the fruit nnd produce hualneaa. Apple! continue acarce, etlll being unequal to the de nmnd, nnd price, ruling firm «t 16,60 per barrel, the principal varletlce nrrlv- ng being Baldwin and Ben Davie. Orango and pineapple receipt, light, and demand goo*!. Banana, coptinue high, at prices quoted. Heavy re ceipts In New York have depressed the lemon mnrket, and stock Is now selling nt 60 cents per box lower than last week. Vegetables—Tomatoes sre get ting scarce as ths East Const Is about cleaned up, their season being short ened one month this year owing to the long drought, and as a result, prices are still holding high; the stock being offered Is mostly choice. Beans, cucum bers, squashes, etc., sre coming In freely end prices have been lowered to correspond with receipts. Old Irish potatoes have again advanced at ship ping points, owing to the heavy de mand for old stock In tho larger mar ket* and the short supply now being held at shipping points. Cabbage re ceipts arc very light, which has caused an advance of three cents per pound on nil green etock. Next week’s mar ket should show more variety In the way of fruit and vegetables generally, nnd prices as quoted are likely to to maintained throughout the coming week. COTTON SEED OIL. ....awing Is the opening and closing of tbs New York cotton seed all market: Opening. September. . October. . . December. ... Cloeed ateady and strong. ill m MONEY MAP OF COBALT —IT 18 FREE— Ulan Silver Camp. Thle map of COBALT oompUiMl from Government statistics and other official data. whl<*h makes It the most complete aud comprehensive map of CO BALT In existence. Send In your name today for a free copy f the JOURNAL OF FINANCE, which Is our Weekly Market Letter. It contains alt the news In every field of finance, which la collected by wire ou the date of publication. It I* compiled by America's frimtest au thorities. and Is maklnif *»ur clients the best {Misted Investors in the world. It Is FREE. THE R. L. BERNIER COMPANY, 185 Dearborn St., Chicago, III. CHICAGO GRAIN MARKET. Rows, compared wltb CLEARANCES. Wheat and flour equal 165,000 bnshels; corn 133.000 bushels; oats 4.000 bushels; wheat 43,000 bushels; flour 27,000 bushels. LIVERPOOL GRAIN Wheat closed firm %01% higher. Corn closed quiet % lower. WEATHER REPORT. STATE FORECASTS. Georgia—Fair tonight; cooler In east and south portions; Sunday fair. South Carolina—Fair and cooler tonight, Sunday fair. . „ Alabama—Fair tonight and Sunday; some what warmer Sunday In Interior. Louisiana—Fair. Arkansas, Oklahoma, East Texas (north and aoutb) and West Texas (north and south)—Fair aud warmer; Sunday partly cloudy. WEATHER CONDITIONS. The areas of high and low pressure have all moved eastward during the last twenty, four hour* and have retained about the same relative positions on the map. The southern low area la now centered over the Carollnas. Another area of low pressure centers in the extreme uortheast; these barometric depressions have caused cloudi ness with rain along the Atlantic coast nnd over the eastern half of the cotton belt. Italn was. falling this morning at Portland. Me., Boston and New York. The northwestern low area has Increased in en ergy and now centers In Wyoming, where the pressure Is 29.52 lnchea. The highest pressure la at Marquette, Mich.; lta Influ ence extends south and la causing fair weather throughout the central portion of the United States. Lower temperatures prevail over the Ohio valley and the northeast, while .marked rises are reported In the upper Missouri valley. In other sections tho changes have * een unimportant. The conditions favor fair weather In this section tonight and Sunday; somewhat warmer Sunday. COTTON REGION BULLETIN. STATIONS lUhTBI?T. Temperatnn. III 3s! Max.* Min.** •Atlanta, cloudy. . •Chattanooga, cloudy. Columbus, cloudy, . . Gafueavllle, clear. . . Greenville, clear. . • Griffin, cloudy. , . , . •Macon, cloudy:. . . . Montlcello, cloudy. • . Nownan, cloudy. • . . Rome, clear Spartanburg, cloudy... Tallapoosa, cloudy. . . Toccoa, clear West Point, cloudy... 68 66 72 77 § 75 73 70 67 74 68 67 70 69 64 67 8 a 62 69 67 1? 53 63 .12 1.51 .68 .28 .16 T. .66 .04 .12 .42 .20 1.00 .22 .28 Special.to The Georgian. (From llnyward, Vick & Clark.) New York. May 11.—J. S. Bache * Co.: Americans in London at tho close wero The rumors of bond Issues were spread on Reading and Pennsylvania nnd helped the decline. The damage reports were, f j a great extent confirmed In the government report, but It should not be taken ns bear argument on stocks. The laud will be used for corn planting and the losses will lu that way be made up to a great extent. Tnc banks should make fairly good, re turn today. Storks should be bought on weak spots, as tho reaction has been quite severe, nnd railroads are making phenomenally good re turns in all directions. The New York Financial Bureau: Infor matjon points to professional reactionary operations in the stock market today. Read- lug is sold by professionals on strong spots for turns. Union Pacific supported around 149 to 141. Amalgamated la well held at 93. If Smelters breaks 130 a sharp break might take place easily. Since the dividend is off Atchison, we find profession al seljlng on strong spots. St. Paul re- matua supported around 131; if broken, room traders will attack It. Great -Northern technique J» n little weaker. Northern Pa cific sfiii held around 132. Steel exhibits a slight sngglQf tendency. Pennsylvania supported around 122, New York Central 112, Brooklyn Rapid Transit 58 and Baltimore and Ohio 97. Of course, the maintenance Of all support levels means a rally sooner or later. Southern Pacific is well bought on a scale down, though showing a slight sagging tendency temporarily. that largo converters had reappeared as ac five purchaser* of staple brown cottons nnd print cloth yarn construction goods for for ward delivery. The strength of first-hand stocks Js generally admitted, nnd it appears to be the wise course for 1 large buyers to take ns large a percentage aa they cau get accepted. So far as bleached and half- bleached lines are concerned, tho agents are in the saddle, and are holding goods for forward delivery at stiff prices. The few lines still open for near-by delivery com mand a premium from garment makers. . --- gingham prints and light- ottons ar *~* Postern, J cuttera-un. The firm tone In this mnrket Is Induced by the scarcity of goods nnd the unanimous attitude of manufacturers in holding out for recent advances on ticketed lines. Exporters report a better demand fancy cottons for fall shipment to South ierlcan countries, and a ateadv inquiry „ and this fact hns led to many retailers naming higher prices on the goods they hold for the present season. Cloak makers are tak- loslery bands, BEARS WILL TAKE ADVANTAGE OF FIRST SUNSHINY DAY. New Orleans. May 11.—The TImes-Demo- crat: "Yeaterday’a cotton market reflected .the tension under which the reactionists are operating, rather than any concrete price Influence of the supply and requirement or der.. The weather map was unfavorable in Itself, bnt more so because of the long pe riod of excessive moisture that preceded it. The 111-effect. of bad weather nnder 1 the circumstances Is cumulative, however. '* rather large contingent of professional OPENING PHICES UnUCNK Union Pacific and Great Northern Preferred Up a Point. TRADING WAS DULL Bank Statement Was Much Better Than Expected. ■ Had No Effect. New York. May 11.—The specula, tion In the wheat pit; which has been constantly increasing In volume ajid excitement all the week, reached its climax today, when the price of the leading options was bid up over 2 cents to the bushel. Reports of freez- ing temperatures had something to do with this, but the urgent buying for future delivery In ail the foreign mar- kets, which this morning assumed al most the character of a panic, was the principal factor In the riae. The local stock market, under these circum stances, displayed much hesitancy, and on tho whole the undertone was heavy. But except for Smelters and Reading! which were at times pressed for sale pretty actively, the market did not show tho weakness It had on the pre- vlous days. The stock market closed firmer under short covering, and many of the active stocks made gains on the day. NEW YORK BANK STATEMENT. the following change*: Loans decrease .. Deposits decrease $14,096.7'* 16.180.8C) 61.200 1,983.900 „ 399.70) Reserve decrease 2.3S3.6 r 9 Reserve required decrease -4.045.!<n Circulation Increase .... Legal tenders decrease Specie decrease WEEKLY STATEMENT ATLANTA CLEARING HOUSE (Darwin G. Jones, Manager.) Clearings Saturday $777,743.(7 Same day last year Decrease Clearings for week Same week last year .... Increase .. 845.54'd £7.799.88 4,8in.869.CS 4.57S.197.99 232,681.29 the first real sunshiny day that cornea along. Especially Is this so becanse of the comparatively high price at which option* are held. The price opponent argues that the spinner will nave taken more cotton this douhtedly late, a favorable season hence forth would quickly change “^ pect of affairs In the fields; age will be large, even though the crop be late. That the expectancy of a turn In WEEKLY CHRONICLE’S REPORT ON WEATHER. New York, May 11.—“Our telegraphic re- . arts this evening are, on the whole, of an unfavorable tenor. Rain hna fallen In most locslltles during the wr " cesslve at polm Ini "*— NEW YORK COFFEE. ••Received lave; not Included In averages. THIfPWTVIthAfflWr mm MODERN MILLER CROP OUTLOOK. St. Louis, May U.—“Plentiful moisture and warmer weather have had a favorable effect on the winter wheat crop. Improved conditions are reported (n Kansas, Nebras ka, Missouri, Illinois. Indiana, Ohio aud the Southwest. Field peats are reported In many sections, but no extensive damage la noted.” CHICAGO CAR L0T8. and estimated receipts for tomorrow sre as follows: Today. Tooinr. Atlanta. . . . Augusta. . . Charleston. . Galveston. . Little Rock. Memphis. . . Mobile. . . . Montgomery. .. New Orleans.. Oklahoma. . Kavannnh. . Vicksburg. . Wilmington. T. indicates Temperature. inappreciable rainfall. * r 24 hours ending 8 a. m., os. Remarks. Lower temperatures are reported from sec tions in Oklahoma, Arkansas, Tennessee, Havre, u. ui., uamoi < cllned % franc; sales 22.000. Hamburg, 10 a. m., market unchanged; •ales 29,000. Itlo receipts 18.000; shipments to Europe 7,000; stocks 817.000; mnrket qnlet. Santos receipts two days 51,000; stocks 2,536,000; market qnlet. Hno I’aulo receipts 40,700. Jundlahy re ceipts 82.000. ingL market for today: Opening Range. Close. ,.5.30-5.40 5.30-5.85 ..5.35-5.45 5.30-5.35 ..5.36-6.40 6.36-6.40 ,.5.36-5.40 5.40-5.45 ..5.50-5.55 6.50-5.55 ..5.35-5.45 5.35-5.40 ..5.35 5.45 5.35-5.40 ,.5.30-5.40 5.25-5.85 5.30-5.35 5.25-5.35 October 5.105.35 5.25-5.35 November 5.30-5.S5 6.25 5.35 December 5.30-5.35 5.25-5.35 Closed quiet. Kales 10,500 bags. MINING 8T0CK. per Range 81; Daly West 16%; Parrott : LONDON. STOCK MARKET. STOCKS- Ansconda Atchison .. .. ., Amalgamated Conner Baltimore and onto Chesapeake and Ohio . Canadian Pacific .. .. Erie preferred .. . Je and Nashville Mexican Central Denver Norfolk and Western New York Central Ontario and Western .. .. Pennsylvania .. Philadelphia and Reading .. Rock Iiland Southern Pacific Southern Railway Northern Pacific St. Paul Unlotf Pacific United States Steel do, preferred Wabash 94% ..... '97% m 25% 23% 55% | 554* 145141144% m 76% 113%jll4t* 3fi%! m 125% 122% 107%;1'« 7 » .... 2IH 84% 20%; coy ....133% 1327* 133% 144 WU . 36% 36% .. 101%! 99% ' 13S March April . sr.j .. June .. July .. Safe Deposit Boxes Our Safe Dep#sit Boxes are ele gant and commodious, and are equipped with every device of se curity and convenience. Prices Reasonable. Central Bank & Trust Corporation, Candler Building. Accountant and Auditor, 1114 Fourth National .Bank Building. . REFERENCE: Uril Pban* ItU ATT AWTA AA Atluu K.tlosU Book a*liAW 1A, UA. 1 “Opportunity Knocks at| I Every Man’s Door But 1 I Once.” I “ Perhaps a few dollars judiciously invested will mean your g successful future. Have you them in the bank now t Q How often have you heard the*expression: “Had the,cash g Vf been available, I could have established a handsome income for @ S the rest of my days. , .3 Jg Have a,“nest egg” by keeping a savings account at this § X bank, and when “Opportunity” knocks be prepared for it. £ S We pay 4 per cent on Savings Accounts. Q HAYWARD, VICK & CLARK, COTTON, STOCKS, BONDS, COFFEE, GRAIN AND PROVISIONS. Carondalot and Gr.vler St*, New Orlaan* MEMBERS: K,w Orlnn Cotton Exchaos* I Otl«n. Fotor. Brok.rV AmcIiU* N.w York Cotton Exctunv* Galnatoa Cotton Exrh.Bc* Uoaiton Cotton Eicb.DC* New Tork and Chtcam Correspondent* J. S. BACHE & CO* AND BARTLETT, FRAZIER & CARRINGTON. PRIVATE WIRES TO ALL POINTS, ALONZO RICHARDSON & CO. PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. ATLANTA. Bell Phone, Main 8jX GEORGIA. Union Savings Bank. 0 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. '