Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, May 14, 1907, Image 10

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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.