Newspaper Page Text
I
Liverpool Advices Were
Much Better Thau Had
{ . Been Expected.
SPOT AND FUTURES UP
Forecast For More Rain
Strengthened the
•Market.
K.wYork, May K-There wee a very »c-
tire opening In cotton thin morning, and
the range of priori we. wide. The [let
started 8018 point! higher. September
allowing the greater! upturn. Short! were
large Doyen, and evidence. of Increaaed
outiide Intereit appeared.
Cotton waa doing the aoarlng atunt In
all the apeculatlre renter! Tneiday morn-
lug.
Liverpool led off, opening slightly * better
th»n expected, but «i the session pro
gressed price* rapidly rushed upward until,
at tbe close, advances of It to 13 Lngliab
point* were recorded.
Tbe following la the range la tbe active
months In Liverpool today:
Open. Web. Low.
ary-February ..,.6.78%
Julv-Au*ii*t 6.14 6.21 6.14
OctoberN'ovember ....5.84 5.80 6.83
6.21
In apot there waa a fair, business at
point* advance, making middling 6.82—tbe
highest *o far on this crop, Bales aggre
gated 8,000 bale*.
New York thought woll of tbe atreugth
Special to Tbe Georgian. „
(From Hayward, Vlclt & Clark.)
New York. May 14.-J. H. Bacho A Co.
*r on near and 5 higher on jute mouiu*.
2:15 p. m., very steady 8H69 higher
iar and 7% np.on late. Hpota, fair Mil*
ueaa at 8 point* higher: American middling
6.82; aalea 8.000; American 7&Ql apecal*'
tlon and export 600; import* 23,000; Ameri
can 16 000.
Port receipt, climated at 11,000. igalolt
U A trader’u/e: "Thli yeir la to go down
In hlitory ua a rival of the ao-called Bully
yoar. It It now too late to wake a,largo
crop, and that, with the uauat apella of
bad weather which occur nearly every year,
aenaatlonal advance! are aura to take place.
Jim I’atteti’a prediction for 14c cotton la
beltered to have called the-attention, of
Dinar people to the serious condition, of
the new crop, and will be the means of
throwing spueulatlun from,grain into cot-
*°FoUowlng are the 11 a, m. Wdi: May
10.88; July 10.90; October 10.71; January
10 83. "
Weekly weather report much better than
¥fcU forecast for more rain has set the
market wild. .Expect r 11% for October thla
we£k, and probably 12c. , ... . _
New Orleana, May 14.—Hayward. \lck ft
Clark: On the whole, the weather map la
not conatdered aa .unfavorable aa expected.
Low temperature* in terrltorlea about the
worat feature preaented. Clearing weath
er predicted for northwestern belt
Monroe, I*., wire*: “Nine hundred bale*
a pot a sold here yesterday at feller*’ figure*.
Evidently big demand/'
Market getting hot. Might run my it
any time, and would surely do *o If ralna
over night becomes haary. Rut a report* now
to band from north* Loulaiada; Mississippi
and Arkanaaa. i
.can Cotton Oil.. •
Am. Car Foundry , , , .
Baltimore A Ohio . . * .
Brooklyn Itapld Tran.. #
Canadian Pacific , . . .
Chicago and Northw’n. ,
Chesapeake & Ohio . • #
Colorado Fuel de Iron...
Central Leather
do. preferred . . .. •
Chicago A Great W. . •
Chicago, A tit. P.. .
Delaware A Hudson. , .
Distiller's Securities. . .
Erie
ATLANTA MARKETS.
FRUIT AND PRODUCE.
In face* 1 o/'the heavy profit" taking
** ‘ * * “In|
the active months at that hour havfug add-
__ ..... Jen were made
at advances of from-8 to 12 point* aod at
11 o’clock price* were unebauged to 8 points
Above the opening.
HI rloek the New Orleana market
was decidedly strong, October showing
greatest atreugth. selling 31 point* above
the doting price of Monday.
Th* forecast for a renewal of wet weath
er was the strengthening Influence.
At the close, future* In New York ware 8
fig points higher for the near months, while
the late month* were 23626 points up, Jan
uary crossing tbe 11c mark.
Comparative receipt* at all U. 8. ports:
Net receipts today 10,841
Same day last year 14.142
Decrease 3.301
Total receipts for three days 30.663
Fame days laat year 38,490
Decrease 7.837
Total receipts since September 1....9.494.462
Same time last year 7.292.176
Increase 8,303,386
Estimated receipts Wednesday ^
New Orleana 3,500 to 4.000 3,111
Galveston 800 to 1,200 2.690
Houston 800 to 900 1,889
Movement at Atlanta;
Same dny lost year
Deeresae
Shipments today ...
Same day laat year
HI
Decrease
Stock on bn lid today
... 6,480
... 4.462
... 2,028
SPOT COTTON MARKET.
Liverpool. Arm; middling upland* 182.
Atlanta, steady; middling 11%.
New York, atesdy; middling 12.06>
8 Houston, steady; middling 12V ■
Jemphla. steady; middling 11%.
Galveston, steady; middling 12c.
Norfolk, Arm; middling 12%.
Charleston, steady.; middling 11%.
Boston, steady: tnlddllog^^^^™
Baltimore, nominal; middling 12%.
TODAY’S PORT RECEIPTS.
The following table shows receipts at tbe
jjortis^today, compared with the same day
1907
1906
New Orleans
Galveston
Mobile «...
3139
6264
34
1579
4k6
1160
’ioa
12
43
8216
3120
M7
4497
40
576
146
156
*479
8
5
Charleston U.
Wilmington
Norfolk
Baltimore
New York
Boston
Philadelphia
Pacific Coaat
Tattle
10*41
14122
INTERIOR RECE1PT8.
The following table abowa the Interior
movement of cotton, compared with the
same day last year
HAYWARD, VICK & CLARK'S
6AILY COTTON LETTER
Kaw Orleans, May 14.—'The sadden change
aa a result of unfavorable crop atarta which
are being continually kept befo
by lea din
creating
sing suifport. the Impregnable posi
tion of July longs, with the possibility
of putting this option at will to any figure.
Increases tha hold of the bull element on
tha markets. Opening trades here were at
sq advance of about 10 points. The mar
ket waa nervous and sellers scarce for
reasons above given. Weather conditions
durlug the past 24 bourn were not aa bad
as expected. The worat feature presented
by today's map la low temperatures In the
terrltorlea with a further fall Indicated.
Bains were rather general In Texas, but
mostly light. l)utable of that, however.
ther# waa hardly any precipitation. Clear
lug weather la promt nod tor the north
western belt. Hhowcrs are Indicated for
the central atates and on the extent of
these rains mnch depends with regard
tbe market tomorrow. htioutil these rains
be heavy, buying might become aggrci
alvt. Tbe forecast for the eastern states
Is for showers and cooler tomorrow. This
unfavorable turn In the weather Is liable
to Intensify bullish feeling to the extent of
~ " “-airlst ‘ "
; the niomcn
nlght'i _
New York, May I4.-J.-6’.
causing a runaway market at any
Futures st the moment are about 30 above
last night’s dose for new cru|»*.
EGG&—Active 16c.
LIVE POULTBY—Hens, active, 40c each;
chickens, active, 4%45c each; docks, Pekin.
30c each; paddle 26c each; geese, full
feathered, 40c each; turkeys, dull 12%c
pound.
DRUBBED POULTBY-Geeae, undrawn,
active 10c*pound; turkeys, undrawn, active
144717c pound; fries active lOfillc pound;
uvo wc pouiiu: BHuuiners scuve luuiic
pound; able* active,11c pound; butter active
20©22c pound; beeswax active 25c pound;
honey, bright, active 10c pound; honey. In
vhlte
NEW YORK.
The following 1, tho range In cotton fu
ture. la Now York tod.y:
d
1
i
a
1
• 4
31
1 if
May . . .
June t • .
July . . . .
Aug. . . .
Kept.. . .
•. •.:
Dec. . .
Jail. . . .
Closed at
mm ilil II
10.95
pin
11.98
10.75
10.76
10.94
io!97
11.01
10.87
iti
ioji
10.67
10.55
Sm!
ioifi
10.82
10.87
10.91
10.90
10.74
10.71
10.89
\0.9\
11.02
10.86- 88110.78-79
10.86- 88 10.78-82
10.90- 9110.81-82
10.72-74 10.46-48
10.70-71 10.44-46
10.88 10.64-66
10.87- 89110.64
10.90- 91(10.65-66
11.01-02 10.76-77
usheli atoCk $1.75© 2.16 bushel.
Fit I' I TH— Lemons, fancy Messenn. $5.00®
25; bananas, per Imuch. culls, actlv
straights 3*
crate $4ij4.
to ala* an
lanas, per Imuch. culls, active, $1;
i 3%c pound; pluen pples, Cuban, per
^4.50; oranges, Florida stock, owing
and condition on arrival, per’ box
t»%#!7%c:d r, ed Apple* 7£8%C.
VEGETABLES—YeUofcv squash, $2®2.25
white squash $1©1.C0 crate; cabbage, crate,
$2.75: per pound In barrels Sc: strawberries
10©Inc: tomatoes active 82Q2.75; potatoes,
new, $4.00©6.25 barrel; onions, Louisiana.
$1.75 per Imabel; Egyptian. 4c pound; old
Uriah potatoes active $1,154*1.20 lmahel; cel
ery, fancy, $3.60 crate; peppers active $2.50
icrate; okra, alx baskets, small, $3 crate;
lettuce, headed, active $1.50© 2 crate:
kraut, half barrel. $3.75; beans, round
green. $2.25; wax $125411.60 crate: aapara-
pi rru. f..av, n■» fhM'nt.uu imjiaiu-
gua 15©20c 2-pound buuches; Engltah peaaj
— n ' ; beets $3 crate.
none; cucumbers, $2.25 crate;
GROCERIES.
RICE—Jap 6©6%c; head r/«7c; fuucy bead
•'aucy full cream dairy 17%c;
MEGA 11—Standard granulated, $5.30; New
turrciB-anniieu Arnucaiea ui
bags and barrels 12c; green lt©12c.
FLOUR AND GRAIN.
FLOUR—Utgbest patent $6.15; beat patent
$176; standard .patent $4.35; half patent
$4.15; spring wheat patent $5.
CORN—No. 2 white, 77c; choice white. 79c;
bite feed* 60c; No. 2 yellow, 75c; mixed,
lc: cracked corn, per bushel, 76c; hulls, $13.
CHICKEN FEED—Fifty-pound sacks 90c;
Purina chick feed, $1.90; \lctor feed, $1.80;
brand feed. $1.30.
OATS—No. 2 while, 68c; No. 2 mixed, 67c;
Golden oats 67c; white clipped 60c.
MEAL—Plain, per 96-pound sucks, 71c; 48-
pound sacks 72c; plain 20-pound sacks, 73c;
germ $1,25.
IIAY—Timothy, choice Urge bales $1.30;
do,** choice^'small baits. *$i.B;
~ b J_third Meg, $1.20;
UU. vuimci Wtei
third bales, $1.80; No. _
No. 1 clover, mixed, $1.20; choice prairie,
^ftllORTSicholVn white 11.45: T«.; whit.
31.35; t f.ftr£_ W-pouml 11.55; iirowu 80® 100
puuutla, 1
PROVISIONS.
pnOVIRIONS-Suprame hnm, 1514p; b,
■ — - ||i fat bid
Una HimiSc iMiund; average 10.55; fit beqlta
8.56; plate, 8.10; Hupretne lard IO.K'4; Pur
ity compound 84c; California Darna 10.50;
dry nit extra riba >.s£ii.
FISH.
FISII—Broun "e pound; aoanper
pound; trout 8c pound; blue dah.fc pot
|JVUIIU, Uutll DC |IUUUU, UIUC U>U It, pound;
pomptLDO 26c pound: mackerel 12%c pound;
mixed flsh 5c pound: fresh water trout 9c
pound: Florida shad roe 2Br; buck 10c;
Georgia shad roc 40c; buck 15c each.
RAINLESS WEATHER MAP *
INDUCED LIQUIDATION.
New Orleans, May 14.—The TImea*l)emo-
erst: “A rainless weather map Induced li
quidation of long Interest, ami some short
selling, which caused a small reaction In
the early session. Later on uu unfavoraldo
forecaat, which Involved a probability of
further general rain* fallowed Increased
cloudiness and low atmospheric pressure.
ed the
In limited volume, but, on tbe whole, tbe
undertone was decidedly steady. As waa to
have been expected, clearing weather 1ms
brought to light further Important neiuil-
tnlatlc crop report*, uno ttie attitude of
the territory lying l*e
tween Georgia and Texas because of tha
failure to get result* from early planted
seed, and the washing away of fertiliser,
and because of the well-known Inferior qmu*
Ity of much of the seed used In re planting
twice, and. In some Instances, three and
four time*. Because of the latepess of the
season some planter* will. • perforce, In
crease their acreage planted t*> corn, for,
under the circumstance*, It Is the caster
crop to cultlvata."—n&yward, Vick &
Clark.
The Liverpool market was excited.
patlj . » 5«r Wf«|nwi Min a ter» ’>»r
The advuncea In the near rnobths
leas a feature than the strength of the new
crop positions. Heavy realltlug attended
the New York opening, large block* of
cotton was thrown on tbe market, but this
liquidation did not disturb the persistent
demand which has been In evidence for a
long time. Tbe bad weather wat* u factor,
unfavorable conditions were predicted this
morning. The ahaorbtlon of offerings aoou
staved the selling power ami the mar
ket' advanced later to new record prices.
There was a marked Increase tu Invest
ment buying. Many who had sold their
cotton for n turn came Into the market nml
took back their old line*. We believe In
higher prims. Indications point to the
fact that a bull market Is here aiul the
long side on reactions should be favored.
Weekly weather report was much better
than expected.
L. H. Fairchild. Ettibllahed 1885. 8. J. White.
L. H. FAIRCHILD & COMPANY,
RANGE OF NEW YORK STOCKS AND . COTTON MARKETS
NAME OF STOCK.
Amalgamated copper.
Atlantic Coast Line. •
American Uugar Uef. •
Anaconda .......
American Locomotive,
do/preferred .
uu/ ptfiern.ii . * ••
Am. Smelting' Uef. . •
do, preferred.• • ...
Atchison ......
do. preferred
Amerlci - —
General Electric • • •
Illinois Central . . . #
Am. Ice Securities . •
Louisville ft Nashville.
Maxlcan Central .
Missouri Pacific ....
m
M
u
$
i%
iiii
NAME OB' STOCK.
N. Y.. Oat. & \V. .
National Lead. . 1
Northern Pacific. .
New York Central.
Norfolk & Western.
Pennsylvania. ...
People’s Gas. . « •
Pressed Steel Car. ,
do. ]
Pacific Mall. . •
Beading. . . . .
K'-l’uljllc Sft't'l.
Bock Island. . _ .
do. preferred.* . .1.
United states Rubber,
do. preferred. » « j
Southern Pacific. _
Southern Railway. •
do. preferred. •
Slosa-Sheffleld.
Tenn. Coal & Iron. •
Texas & Pacific. . * •
Union Pacific
United States Steel..
do. preferred. . .
Va.-Cnr.Chemical.-. .
do. preferred. • •
Western Union. ,
Wabash. .......
Wisconsin Central
do. preferred .
do, preferred .
LIVERPOOL.
The following figure, give the opening
range and cloae, compared with jcaterUny:
Futures opened firm.
Opening Previous
Itnuge. a p, m. Cloae. Cloae.
te;:::: iS fat 5?i - *
June-July.... 6.l9%-6.22
July-Aug.... 6.14 -6.18 6.13
Aug.-Kept... 6.00 -6.04 ....
Sept.-Oct.... 6.91%-5.94 5.96 6.98’
Oct.-Nov.... 5.84 -5.86% 6.86% 6.S9’
Nov.-Dee.*.. 6.81%-5.83 .... 5.87
*' 5.85
HI
Dec.-Jan.... 5.79 -5.80
Jan.-Feb.... 5.78%-5.80
Feb.-Mar.... 5.79%
Closed steady.^
5.81
5.73
5.81% 5.84% 5.73%
NEW ORLEANS.
The following !s the range In cotton fo*
ture* In Now Orleana today:
u
i
a
J |ja| o
II
M«y . . . .111.33
June . s . •(
July . . . ,11.70
Aug. . , . .11.37
Sept. . . .11.80
Oct. . . .1100
Sot. . .
Dec. . . .10.97
Jan. . . .111.02
1LU
ii!^
11.37
ILff
21.28
ill 24
11.24
11.33111.49111.50
11.60
11.69 11.82 11.82-83
11.37 1L37 11.50
11.3011.30 11.45 _
11.00 11.21 11.21-22
11.18-20
10.9611.1611.16-17
lA.98llL22ill:20-21
11.24
11.40
11.59-GO
11.27-28
11.21
10.92-93
10.89- 91
I0.hfl-S7
10.90- 91
Cloaed ateady.
NOTES ON GRAIN.
Pointers on Provision!
About equal to 22,000 tea of lard were
shipped from Chicago during tbe laat week.
The receipts of wheat at Minneapolis and
pared withHHHIPHHHHHH
ear* for the corresponding week one year
included In the shipment! of meats from
Chicago for the laat week were about 199.•
Itcei of bams, 74,000 pieces of
lera and 178,000 pieces of sides'and
bellies. For the corresponding time .last
year the shipments were about 340,000
und 314,000 pieces
for the laat week wei_ ...
‘ ushels and the shipments were equal- to
,962,000 bushels. For the corresponding
reek In 1906 the receipt* were equal to
«,100.000 bushels and tbe shipment* to $,963,-
000 bnshcls. These figures are supposed to
Include the through shipments of flour.
Australian wheat shipments for the week,
768.000 bushels, compared with 862,000 bushels
lust week and 432,000 bushels last year.
Shipment* of wheat from India the last
week were 448,000 bushels, compared with
824.000 bushels lust wwok and 184,000 bushels
one yenr ago. v
The English visible, supply of wheat in
censed moo* bushel* the last wuek,** com
pared with 1,317,000 bushels one year ago.
GOVERNMENT WEEKLY *
REPORT ON WEATHER.
\\ ashlngtou, May 14.—Tho temperature
wua below normal throughout the cottoh
reglou, except that there was a alight ex
cess over Florida and along tho Atlantic
coaat. Tho deficiency waa generally 1 to
2 degrees, except over western Oklahoma
and northwestern Texas, where the deficien
cy was G to 7 degrees, llaln fell In all por
tion* of the cotton region during tbe week.
The weekly rainfall exceeded 1 Inch, except
In Oklahoma, the extreme. southwestern
portion* of Texas and portlous of Alabama,
Florida. Georgia uud North Carolina. Tho
heaviest precipitation Is reported from
Louisiana, Mississippi, eastern Arkanaaa,
eastern Texas, north Alabama and weateru
louucssee, whero the weekly nuionnt* gen-
southwestern Loulstaua report more than
9 Inches: ns follows: tafayettc 13.69; Ope
lousas 10.60; Baton Rouge 0.77.
Following la the report by states:
FLORIDA—The week waa warmer than
usual, except the last two days. Frequent
rain* occurred in tho uortheru and weat
eru portion*, but tho weather waa mostly
fair In the southern portion until Friday,
when ruin beeaiue* general and locally
heavy. Sunshine waa deficient except tu
the southern ♦portion.
GEORGIA—The temperature was some
what above normal the first five days, aud
decidedly below normal the last two. The
some northern
13th. Hhowera occurred almost dally, and
the rainfall was considerably above normal,
being heaviest In the eastern portions.
There wn* sti abnormally small amount of
sunshine. %
LOUISIANA—The temperature was slight-
to the lltfi. Inclusive. High winds aud
hall occurred In many localities. Tbe
week wns cloudy, except tbe last two
days, which were fair. The sunshine for
the week was deficient. The grouud la
very wet.
NORTH CAROLINA—The weather wn*
generally partly cloudy. The temperature
wn* slightly l*e!oW normal and the pre
cipitation slightly above normal, i The cool.
•nthcr, with deficiency of siinshltm
waa very unfavorable. Borne damage by
the week were cloudy, rainy nnd unfavora
e. Ralna were general nnd henvv, and
me damaging high winds occurred. The
laat two days were generally clear, nnd
temperature quite uulfonn, tho meau being
slightly'below normal.
OKLAHOMA AND INDIAN TERRITORY
The forepart of the week was eobl and
loudy. with general rains. The latter part
fair and warmer. The mean temperature
considerably below the normal. The
Ipltatlon was weR distributed nnd gen
erally nlHive tiortunl. Damaging hall storms
Ktttrred over scattered areas lu southern
•ountlea.
Hol’TII CAROLINA—The mean tempera
ture was generally normal, though the last
two day
dpi tut Jo
» unseasonably cool. The pre-
much above normal, und
. xcoeslve over a number of small areas.
A damaging hnll storm occurred lu western
counties on the Stb. The weather was part
ly cloudy to cloudy, no portion of the state
having a normal amount of auushlne?
TENNESSEE—'The first five days wen'
showery, with heavy rain* In the western
counties on the 6th. The mean temperature
wns slightly below normal Iti tbe ensjerii
portion nnd considerably below In the west
cm portion. The rainfall wns slightly
above normal. The percentage of sunshine
was vtqr low, but tbe week doted fair and
warmer.
ALABAMA—Cloudy amt rainy weather
prevailed until the Inst two day* of the
week, which were fair. The Vnlnfall was
much lu exec** of n normal, nnd the heav
iest In central ami northwestern counties.
The temperature waa lndow normal every
and midday temperature* were cape-
-tally low.
„ _. th waa the warmest day.
au«l the V2»l> nnd 13th were the coldest days.
AHKANHAH— Not received.
WHEAT LESS ACTIVEi
PRICES LOIR EARLY
Profit Taking and. Lower
Cables Caused, the De
cline.
Chicago, May 14.—A bulge In wheat
came late on a Larlmore, N. Dak., mes-
aage to James Bennett telling ot the
ground being frozen there and ot the
delay In aeeding. All the big profes
sional, bought later, led by Pringle,
Champlain and one or two othen.
Wheat cloaed 1-3 up to l-8@3-8c low
er for the day. The decline waa profit
taking by longs, and the wheat thrown
overboard waa absorbed by ahorta.
Trade waa active up to tbe noon hour,
but It became quiet later aa the mar
ket eaaed oft In price. Commlaalon
bouaea In general have been advising
their customers to take profits In or.
der to keep their books cleaned up-aa
well as possible. Buga and damage
waa' tho cry from the winter wheat
section of the southwest, while It was
anow and lata seeding In the north
west. Tho cash trade was rather slow,
exporters being Inclined to back away
from wheat, believing that prices will
sell lower.
CHICAGO GRAIN MARKET.
for today follow
Previous
Open. Ulgb. Low. Cloae. Close
WflEAT—
Mny 82% 8514
July 8644 8714
"fe- 98 * "«
fc:: £3 ty
Sept 62% 62%
OATS—
jfc; It* 8*
*Tonk- m m
yiay.. 1
July.. 16.90 16.90
“•*
May
July... 9.45 9.45
Sept... 9.60 9.60
BIDES—
May
July... 9.20 9.20
Hept... 9.27% 9.12%
88' 'fe 88
52 52% „ 52%
45 45% . 45%
88 i 5L5
WEATHER REPORT.
STATE FORECASTS.
Georgia: ‘Shower* tonight nnd Wednes-
* %uth Carolina: Fair tonight; Wednesday
showers. , ,
Alabama; Showers tonight and Wednea-
, j\4.limiii.t. oiltiv*ri» tupi
dny; cooler Wednesday.
WEATHER~CONDmON3.
The weather haa become cloudy and un
settled over the Mississippi valley nnd
rains hove fallen In the last twentv-four
hours from the coaat of Texas northward
Into northern Minnesota and northern Mich
igan. The following stations report rain-
lor. Fort Smith and Marquette. 8now has
fallen at a' number of stations in the north
west.
The northwestern high area has moved
southeast, nnd has caused a decided in
crease In pressure over tho Dakota* and
south Into Texas. The advance of this high
area has caused a rapid fall In temperature
In the Missouri volley and .northern Texas.
In the southeast and on the Atlantic coast
warmer weather prevail*.
Thunderstorms occurred during the. last
twelve hours at atatloua in Texas, Arkan
sas and at Davenport.
The advance of the tow area In the south-
will probably cause rain In this section to
night, followed > by clearing Wednesday;
COTTON REGION BULLETIN.
STATIONS
ATLANTA
DISTRICT.
‘Atlanta, clear
•Chattanooga, dear.
Columbus, clear .....
Gainesville, clear ...
Greenville, dear
16.62
16.62% 16.71
16.75
16.95
16.96
,9.20
9.37%
9.60
9.52%
LIVERPOOL GRAIN.
U’beat opened 44044 lower, and at 1:38
in. I4«lft lower. Cloaed 1«4C
Corn opened unolianued, and
in. 44 lower. Cloaed 14 lower.
ioted 1140144 lower.
1. and a‘ -
at 1:*0 p.
COTTON SEED Oil-
cotton area oil market:
Opening. Cloae
and
WEATHER FORECAST.
Louisiana and Arkanaaa—Showers
cobler.
Oklahoma. Indian Territory, West Texas,
north and south—Fair and colder; Wednes
day fair, warmer.
East Texas, north nnd south—Partly
cloudy; probably showery and colder;
Wednesday (tartly cloudy and warmer.
NAVAL 8TORES.
Special to .The Georgian. , «
Ssvnnnnli. May 14.—TuiY»ent!ne firm at
63893%; sales —; receipts 1,043.
Hoslu firm: sales 1,094; receipt* 2.43S; wln-
iloWKlnss S5.60tf.66; witter white ^.66; M
$5.40; N $5.30; I $5.25; II $4.90; G $4.86; F
84.80; E $4.758486; I> $4.45; A B C $4.40.
Tarapoosa, clear
Toceoa, dear
West Point, clear.... 1
•Minimum lemperature for »be 12-bour pa
=g|
Ssl
rlod ending 8 n. m. this date.
MhTHitc AVfenrggfr
Atlanta
Charleston
Galveston .
IJttle Rock
Memphis
Memphis ....
Mobile ........
jloptgomet’y..,
Kew Orleans..
Oklahoma ....
Savannah ....
Vicksburg ....
Wilmington ..
T. infilcatei
jMMfffiBU
festerday. ••For 24 hour* <
75th mcrldli
ralufal). *For
eodiug 8 a. tu.,
nah. lower
from those center*. Light ralna have oc
curred in the western Section of the belt.
WEATHER IN COTTON BELT.
■Mbi. .....
rain this morning. Houston. doui|y.
1—Lexinr'“ fifigififiB fil
and ilaalefiurst, cloudy nnd wnnn. Natchez
nml Vicksburg, cloudy. Meridian, cloudy
and threatening.
since Friday. Huntsville, no r
Idle, cloudy nnd warm: no rain.
. Lmlstann—Monroe, cloudy. Shreveport,
raining. Opelousas and Alexandria, cloudy
nml threatening. ^ ,
South Carolina—Columbia, Spartanburg
aud Greenville, clear. ,
North Carolina—Charlotte, clear and fine.
Tennessee—Memphis, dear.
W. J.
Accountant and Auditor,
1114 Fourth National Bank Building.
REFERENCE: Bell Phone 14U ATT AWT A i
Atlanta National Book &1JUAAI I A, 1
HAYWARD, VICK & CLARK,
NEW ORLEANS.
Members:
New Orleans Cottou Exchange, New York Coffee Kx« hm:«
New York Cotton Exchange, New Orion as Board of Trade.
New Orleans Stock Exehaugo. Chicago Board of Tni.lv.
LIVERPOOL COTTON ASSOCIATION.
Private Wire* to NEW YORK aud CHICAGO. Urdus solicited for future di
ary on above Esrhange*. U, C. COlHUAN.
TEXAS—The *»*ck was cool, wet nnd
vfndr. but clofeid fair and warm. The
fiereHire ranged from normal to 6 ile-
| -r.-c* below. The precipitation was heavy
! -v»*r the easteen half of the state, causing
napensbiu of field work. Wry little
•/ tetisttensbiii of field work.
• .» rain fell In nortbwestevp
t-o nties and the Rl«» Grande vallev. Hev-
•rot destructive local storm* of tornndlc
'■•nnalatloB serttmd In northeastern ronn-
tfi-a on the 6th. ntid numerous thunder-
si onus with hnll on the *th sad 9th.
COTTON, STOCKS, BONDS, COFFEE, GRAIN AND PROVISIONS,
Carondelet and Gravier Sts., New Orleana.
MEMBERS: . .
New Orleans Cotton Exchange. . I New Orleana Future Brokers* AseecJatls*.
New York Cotton Exchange. I New Orleens ond Chlcapo Boards of ’/rad*.
,i.iT...„ om*. Say^ieafrate
Uouaton Cotton Exchange.
Jverpool Cotton Aee’»
New York and Chicago Correspondents.
J.B. BACHE A CO., AND BARTLETT, FRAZIER A CARRINGTON.
PRIVATE WIRES TO ALL POINTS.
Nashville %.
Union Pacific may bo carried further -up
without much opposition. Heading 1* also
now In shape to be rnlsM toward 115.
Amalgamated Copper In upward trend, tem
porarily at least. Tho HIU stock*. North)
Pacific and Great Northern preferred, and
St. Paul should respond to any warmer
weather reports. Information Is bullish on
Smelting to the extent that it be bought
on recessions. Some houses arc~hulllsh on
Atchison. Humors of a New York Central
new Issue seem to have been token ad-
increased technical
strength. Southern .Pacific has been well
;bt on the decline and khould sympr
with Union Pacific. 8teel hangs be
tween 36 and 39. The tractions and other
nctlvoB are still In the trading rouge*
evidently now roaching for the upper levels
again.
Town Topics: While there will doubtless
be a great deal of profit taking on any
further advance lu the market, the trend
Is still upward, and, la.our oplulon, a con
siderably higher lever of prices will be
witnessed before long.
Reading and Union Pacific shorts will be
compelled to cover much higher, especial
ly If weather conditions In the West should
prove favorable to the crops.
Important upward movements In the Ilill
Issues, St. Paul, Pennsylvania,. Louisville
innuca, DU / BUI, rCUUBIt.nillU,l liUlUBlIllf
and Nashville, and Atlantic Coast Line
should occur; also Northwest nnd Sugar.
We believe that railroad earnings from
now on will prove a considerable bull fac
tor. and.In tbe case of Baltimore and Ohio
uud other stock, will more than make up
for losses In the net account dae to un
favorable weather conditions earlier lu the
year. As far aa money Is concerned there
Is nothlug to fear.
Take profits In wheat on all strong spots.
Buy cotton when weak.
THE COFFEE MARKET.
New York, May 14.—Coffee cables:
Havre, 10 a. in., market steady; noon
unchanged; sales 19,000.
Hamburg, 10 a. m., market unchanged;
sales 21.000.
Holiday In Rio.
„. Ne . w J rork ' ¥*. y M r Tllc rctpwit ot
Western speculator# for the decline
.have been. Investing their profits^from th!
wheat boom on the short side of stock,
was resumed this morning. In London 2
eurlttes were depressed, both government,
nnd some investment were heavy. W hiu u
tbe American department there was euomrh
selling for foreign account to offset tho bur.
lug orders sent over from this tide.
market accordingly opened lower and cm.
tlnued In nn unsettled condition during th,
first half hour. Then heavy buying for
the most part traceable to one or twa
prominent sources, made- Its appearance
and the Reading Btocks quickly ran ur, ;
half point to a point. Union Pacific, Read.
Ing and, the Coppers were the features in
this ndvance, but for a-while tho entlrs
list presented an appearance of grrat«
animation than ,ft has for some day.
Prices for the grain options were lower In
all the foreign markets. After the first
hour, however, the local 4 stock market began
Opening
January
February
March
April
May
June .. .. ..
July .J
August .
September .. ..
October ..
November
December ..6.30-5.35
Closed quiet. 8alei 13,750 bags.
Range.
..6.3041.40
..5.30-5.40
..5.40-6.45
..6.40-5.45
..5.50-6.60
..5.35-5.45
..5.35-5.45
..5.30-5.40
..5.30-5.35
..5.25-5.85
Close.
5.30-5.35
6.85-6.40
5.40- 5.45
6.40- 5.45
5.66-5.60
6.40- 5.46
5.40- 5.45
6.40- 6.45
5.30- 5.35
6.30- 5.35
6.30- 5.35
5.30- 5.35
THE LIVE STOCK MARKET.
$5.40^9.43; poor to medium 44.90ff5.tf; Stock
ers aud feeders $4.2Sfl4.76.
Sheep—Receipts 10,000. Market steady;
native $4.59fifi.85; western $4.5506.55; year
lings $6.5507.65; lambs $6.5008.70; western
$6.5008.75.
PUBLIC TOOK MARKET'AWAY
. FROM THE PROFESSIONALS.
The Chlcsgo Journal says of last Satur
day's wheat market, a small affulr os com
pared with Monday’s sensational advance:
“Several houses traded In upward of 10,.
000,000 bushela. In the wild rush In the
pit nil that stood ont boldly was tbe fact
that the 'outsider* had taken the market
away from the professionals. Many of the
latter had sold out their lines long before
the ndvance culminated, and some paid tbe
penalty of being short.
“So far, the ‘public’ has mode the, big
gest money, but it remain* to be seeh who
will overstay the market, and ‘hold the
bag.'
“In addition to the latest bullish govern
ment figures, grave doubts over the crop
outcome are entertained In a good part of
Europe, making largest Import need* there
probable. Budapest was worked Into u
fine frens.r. advancing 8c, topping * previous
bulge of 26c In the last few weeks. Hun
garian crops are reported in bad shape,
and with the exception of France the
general outlook Is below last year’s.
“Bulls also aro counting ou further rav
ages by the diminutive hut ravenous ’green
hug.' This Insect has spread from Texas
1 /M.I.U.-.. I. ..... In ......
nil Oklahoma, where It cut crops in two.
Reflected by a Declining
Tendency in Stocks in
New York.
SHARPSLUMPS SCORED
There Were a Fe wPoints of
Resistance—Trade Dull
and Narrow.
to toko notice of the heavy selling of
Canadian Pacific, which, after openln*
UHimumu i wiui. «un:u, O
down.it point, fell 4 more with th. rou rM
of tho market. The wiling for the most
pnrt originated In London, and had mini,
of the characteristics of a bear raid, bat tlte
report was circulated and widely ere,lit,
that the company wns about to come u
with nuolher stock I,sue.
New York. May 14.-Th« stock market
opened at general decline,. Canadian l a
cldc 174 and In alt 814; Beading c, TO „r
14, New York Central Brooklyn Knpid
Tran.lt down 14. 8melt!ng opened 14 high
er. Pennsylvania unchanged. Union Pnelf
on 1.500 .hares opened st 14714 to H7»i, the
lower figure showing a decline of 5,. At
the end of five minute.’ trading, St. I’aal
was unchanged. Reading lost In all 1 point.
Copper rallied 14 and Smelting declined 15.
MINING 8TOCK.
Boston. May 14.—Opening: North Butte
92; Copper ltnnge 8314: Daly Went 1614; Mo
hawk 8614: Old Dominion 6614; Celifornlj-
Arizona 176; Quincy 131; Calumet 870.
MONEY AND EXCHANGE.
New York, May 14.—Money n n call,
2 l-2@3 1-4; time loans firm; 60 days,
4; ,90 daya, 404 1-4;, 6 months. 4 1-29
4 3-4.
Posted rates: Sterling exchange
steady, with actual business In bank
ers’ bills at 24.862004.8625 for demand
and 24.83300.4.8335 for 60-day bills.
Prime mercantile paper. 5 1-2.
London bar silver, 1-16 lower at
30 l-4d. New York bar sliver, 65 l-2c.
Mexican dollars, 60 1-2.
THE LONDON STOCK MARKET.
STOCKS—
Anaconda •• •• •• •• •• •
Atchison .. ..'.8 .
do, preferred
Baltimore and Ohio
Chesapeake and Oblpr.. ••
Chicago and Great Western
Canadian Pacific .. .. •• •• «
Erie .. .. .. ..
do, preferred .. •
Illinois Central ..
Kunous nnd Texas
do, preferred .. .... •• •
L.oul»vifle and Nashville .. .
Mexican Central preferred .
Norfolk nnd Western .. .. .
New York Central .. ./ .. .
Ontario nnd Western .
gcH UBJITUIIMI •••••••• ’
Philadelphia and Reading
Rock Island
Southern Pacific ,r
Southern Railway
uthern Railway .. ....
do, preferred .. .. ••
St. Paul .. ..
Union Pacific ..
United States Steel
Wabash, preferred .
“Opportunity Knocks at
Every Man’s Door But
Once.” —
® Perhaps a few dollars judiciously invested will mean you
® successful future. Have you them jn the bank now t
® How often have you heard the expression: “Had the cas
X been available, I could have established a handsome income ior
*r the rest of my days.”
S: Have a “nest egg” by keeping n savings account at mm
X bank, and when “Opportunity” knocks bo prepared for it.
H We pay 4 per cent on Savings Accounts.
I Union Savings Bank.
ATLANTA NATIONAL BANK
ATLANTA, GA-
C. E. CURRIER, President. H. T. INMAN, Vice-President
GEO. R. DONOVAN, Cashier.
JAMES S. FLOYD, Assistant Cashier.
Capital ; Sffi no
Surplus and Undivided Profits $650,000 0°
We Solicit Your Patronage.
ALONZO RICHARDSON & CO.
PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building. Bell Phone. Main 858.
ATI JV NT A. GEORGIA.