Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, May 17, 1907, Image 16

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REACTION IN COTTON BEING WORKED TOR RiiiipniPP^iR^PPWPPPPn ■ irt i A Professionals Taking Ad vantage of Public Buy ing to Realize. LIVERPOOL STRONG New York Opened Lower on Sales to Realize Profits. N.w York. H.y IT.-An Irregular ueder- torn* wss noted »t the opening of th* local cotton market, first price* being 2 point* higher to 2 joints lower. bowerer. the ~ vane*, the trade appearing to be aomewbat mixed regarding to* crop situation. The opening Tn New fork wae lower In face of decidedly etrong Llrerpool adTleea, dae to profit-taking ealea. After the open ing there wa* a alight rally, but It waa atill apparent that the bull clique waa unloading on the public. A print, wire from New York eaya: ■•Thl, I, th, moit excited •Ituatlon In cot ton since the Holly ye«r, snd there ere food (rounds for the adrance. Tha market baa ' L~.e,*n airao Cram than Ihtlll rlldtlA wlin Rlllll gotten away from tha bull clique who told heavily, trying to check the advance, and they will want their cotton back. Predict 12%o for October cotton before June 1. The New York market wan very.ateady at the close, with prlcea 10017 point* high tr. " | 1907. 1906. 1906. o Receipts 34.073 64.542 331.432 67,231 330.689 «l,74l" ® 93.678 B 964,777 • *! 1907. 1906. 1906. , Overland, week... Kfelfhh^weak:::! 1 BoSha* n Pt cona'n!! 15^3 1,118,286 96.446 12440.137 45.000 lLw 901,613 109,476 10,236,174 42.000 WtW 986.398 152,167 11*949,616 39.000 Comparative recelpta at all U. 8. porta: Net recelpta today, May 17 8.MJ Bam* day iaat year 1J.342 Total receipts alnce September 1„. 59,725 Same time laet year <».874 Decrease 19,139 w...7.332.670 I 'increaae wo,974 Estimated recelpta Baturday: * New Orleana • Galveston I Houston Movement nt Atlanta: “ »lpta today. May 17. 1907. 1908. 6.000 to 8,000 1,790 4.000 to 6,000 1,416 2,300 to 2,600 682 me time Inst year.. Decrease Jpments today me day last year ock on band today. May 17.. me day laat year Increase r-»s 497 None None 6.401 6.292 1,106 NEWS AND GOSSIP of the Fleecy Staple. 8pecia! to The Georgian. (From Hayward, Vick A Clark.) K»«r Ynrk. May 17.—J. 8. Cache A Co. * - — on near and Liverpool was due 6%1iC% up on near and 809% up on late. Opened 8 higher on near and « higher on late. At 12:15 i>. m„ ateady SKST — ;her on near and 909% tip on* la to —; American 6,900: speculation and export 600; Imports 13,000; American 9,000. £*rl> port receipts estimated at 8,000, 17,998 laat year. again Xlvi prlcea. f>aiieve~condittont are unchanged, — cotton la a pwcbaae on all declines. TJ»e C*ew York Commercial: “July bulla did not make much of a demonstration j terday. but now and then they showed t strength, and tbera are some who believe that there Is going to bo more exeltement the July option before July goes out than re has been In many months for years. The nominating committee of the New York cotton exchange Is expected to meet this morning and announce the oflnclnl tick- * The Journal of Commerce: t ‘‘One ewnypw does not make a summer, mood weather for a day or two does not wlpe # out “ at 82,000, against 81,669 laat week and 109, 026 last year. Interior receipt, for week e.tlm.ted it i oaa — ■_ 1CI lee# iveek anil '•W .<17 50.000, against 88,184 last week and 28,767 laat rear. A . In ten days now report* on acreage and “ go to Washington. Farmers over much of the belt cau not replant for several daya yet, owing to the .soaked condition of the soil. This means the crop will not be up In many placet when re port* are made, end points to a sensatloir ally bad bureau, both os to condition and * Liverpool closed Betnrdsy and Monday. Jlller bought 8.000 July nt 10.98 from Ca rnenter-Ba ggot. Following are the 11 10.87; July 10.96r 11.28. ... * A V There are too many waiting nnd watch ing for a 10 or 15*polnt reaction on which to get back their cotton to admit of much de cline even on the favorable weather nnd ‘ Ilona for Increasing cloudiness In the New Orleana. May 17.—Hay ward, \ fck A „lark: There wae aome buying on forecast for western belt, eavlug Increaelng cloud iness; Saturday partly cloudy. Map dots not Indicate a wet spell. generally fair weather In the territories end Oklahoma. Into-slght points to .between 91.000 and 101.000, against 100,476 laat year and 152,157 into*. Market not acting right on this strong Llveroool. Look* as If professional long In terests In New York, In spit* of their de- nlalo, are aelllng for a reaction. Tho crop In this section la very bod. [here Is not a stand of cotton on one-half the average planted. More than half of the that la In the ground hn# been re 8P07 COTTON MARKET. ■H ling 12.15. 'New Orleans, firm; middling 1113-16. Houston, steady; middling 12%. Galveston, firin'; middling 12%. steady; middling 11%. •"*“ mbbulng 12%. Anguei'a, steady; middling 12%. TODA'v '8 PORT RECEIPTS. Tbs following table shows recelpta at ths porta today, compared with the same day Uat year: New Orleans. . . . Galveston Mobile Savannah Charleston. . . . . Wilmington. . , . • Total. INTERIOR RECEIPT8. The following table shows the Interior movement of cotton, compared with the name day laat year: Houston. . . Total ,1 HAYWARD. VICK * CLARK'S DAILY COTTON LETTER. lo Liverpool on figures, showing plainly that big Interests are resitting. The public spirit, which Is very bullish, la being cleverly ueed to make good market* for that purpose. That a reaction la being worked for In profes sional quarters, the markets show by their action today. Success depends on tho weather over Sunday. Th* trade Is nervous ever th* weather, and the slightest derl*. tlon from perfect cause* a scarcity of Bell- cloudy westhi started buying nt once. Indications on the map. however, do not point to a recur rence of deluging rains. Weather condi tions during the pest twenty-four hours were good. Generally fair weather and higher temperatures prevnlled. Crop news. except from the West. Is, of course, very bed. even from portions of the Corollas*. Cotton there Is badly In the great, and not making any headway. Only a moderate crop at best la pronounced possible. Tak ing It ell around, prospects nre very bullish, but we have bed a good advance In antici pation of the strained conditions which Price* ruled very quiet after the firm oi Ing. due to higher Liverpool cables. ... far months held very firm In the face open- The Ing. due to highs far months held _ . _ ... v . of realising and Improvement In weather condition*, and held the market In check aomewbat. but did not bring about much of a reaction. Private crop news somewhat offset the public reports, being more bull ish. and this was a sustaining factor. Sen timent still continued bullish, and the out- •We element In the matter were more in clined to hold for large advances then for quick profits. We can tee no reaeon to change our vfewa that cotton prices are on the — ““**■ up-tack. are still hav Ing Just enough showers Continually to pro duce a wonderful cron of weeds and grass, which has been facilitated by the thorough cultivation of the land early in winter, the weather having been so cold snd wet that It has retarded cotton very much, but weeds and grasa have continued to thrive. Of course we can atill make a crop In this weather, but It la bound to,be a late one If we did, na so much of It la yet to come U *Memphte wire*: "Mike Thomas, of Pal las, says reports from 27 counties In Texas abow 45 per rent to be replanted and condi tion under 60.** ATLANTA MARKETS. FRUIT AND PRODUCE. KOGH—Active 16c. riiu-B'-iiM. u 30c each; feathered, pound. nr, each; ducks, Pekin, tiddle 26e each; geese, full each; turkeys, dull 12%c K' 14017c pound; fries active 10011c pound bens 14c pound. PRODUCE—Ijird 10011c pound; hams ac tive 16c pound; shoulders active 10011c —It»d{ aide* active lie pound; butter active I fife poHPMI peas active 12.26 bushel; lady peas 83-50 bushel: stock 81.7602.18 bushel. Flip ITS—l.ctnon*. fancy Messenn. 15.000 6.9; bananas, per bunch, culls, active, 91;i Straights 3%c pound: pineapple* Cuban, per crate, 83.0003:60; Florida. 84.00; oranges. Florida stock, owing to slse nnd condition on arrival,, per box, 84.0004.60. Apples, New York state fancy, 86-5007.00. Florida I honey r>each*«, 86.00 per crate. Grape firaiteFlortda stock, owing to slaeHwm ■ker box 82.6003 l£ r VKGKTA ; dried peaches, elloiv squash, 8202.9 iww;: tomatoes active, 82.2608.00; potatoes, new, 84-0006.60 barrel; onions, Louisiana. t "*—*lan, 4c pound; old 1801.20 bushel; cel- 1 1.75’ per bushel; Egyptian. 4c* pound; obi rlsh potatoes active fi/ Irish potatoes active cry. fancy, 63.6004.00 82.50 crate; okra, ala •lx baskets, small. 86.00 crate; kraut, u-.. umivu uraua, nrnm green. 82.26; .wax 81.2501.50 crate: aapara- iue 15020c 2-pound bunches; English peaa. 82.60 crate; cucumber*, 82.25 crate; beets * crate. GROCERIES. niCE-Jap 606%c; head 807c; fancy bead 6%07. according to the grade. CHEE8E-Fancy full cream dairy I7%c; twin* 17*40. E-Sf Kl'GAU—Standard granulated 85.20; New York refined 4%c: plantation 4%c. COFFEE—Roaateil Arbuckles 816; bulk in bags and barrels 12c; green 11012c. Shredded biscuit 86 case; No. 3 rolled oats 83.9 case; sack grits, 96-pound bags. 81.85: oysters, full weight, 83 case; light weight 81.10 cate; evaporated apples 7%c pound; pepper 18c pound: baking powder 85 case; r*8 salmon 86 cast; pink cocoa 40c; chocolate 18c; snuff, 1-pound Jars, 44o; roast beef 82.60 case; corned beef 82.6u leans, «bc iwiuiii mill we gniiun; i nil* 36c gallon: Georgia cane 36c gallon; salt, corn 80c gallon; Cuba era 6%c pound; lemon 7c: oyster 7c; t*r- rel candy, per pound, 6%c; mixed, per id, «%c: tomatoes, 2-pound. 81.90 case; _„.ind 83.25; navy beans 82: i.lnm beans. 6c: best matches, per gross. 81.66; macaroni, 6%07e pound: sardines, mustard. 83.9 case; i-pij cation, lie; mp, FLOUR AND GRAIN. 11.71; standard patent MX; lult patent HU: entire wheat patent IS. CORN—Ho. I white, Me; rbole, white. fOe: white feed, Me; No. 2 yellnw, 7«r; mixed, 74e: cracked corn, per hti.bel, JSe; bull,. 111. CHICKEN F E K D—Fifty -pound urk. Me; Purina chick feed, 81.90; Victor feed, 81.80; brand fee-l. 91-30. • OAT8-.No. 2 white. 68c: No. 2 mixed, 57c; Golden oets 67c; white clipped 60c. MKAL- Plain, per W pound eacka. 72e; 48- pound sacks, 73c; plalu, 20 |>outid sacks, 74c; germ 81.25. do, choice, small bales, 81.30; do No. 1.' third bales. 81.30; No. 2 third bales, fl.20; No. 1 clover, mixed, 81.20; choice pmlrle. Edited by Joseph B. Lively MARKETS Mr. Lively’s twenty-five years* experience of ed iting markets In Atlanta and the South has mads him a recognized au thority In bis specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAUE OF STOCK. Ama If, mated Copp*TT Atlantic Coait 1.1ns. . Anaconoa American Locomotive, do, preferred uo, pmsrrwu . * .. Am. smelting lief. . • do. preferred , . .. Atchison ...... do. preferred tin. pictfliini ...» American Cotton Oil. • Am. Car Foundry . . • Baltimore Sc Ohio Chesapeake A Ohio . Colorado Fuel A Iron. Central Leather .... do. n r^fered .... Chicago A Great W. . t UlCMfcO. ji., sc rtt. P.. Itelaware A Hudson. . Distiller's Securities . Erie do, preferred • . .. , General Electric . • . Illinois Central .... Am. Ice Securitise . . Louisville A Nashville, kfexlcan Central . . . Missouri Pscjdc .... NAME OF STOCK. N. Y„ Ont A W. . . . National Lead Northern Pacific. . • , New York Central. . , Norfolk A Western. . « Pennsylvania do. Pacific 1 Republic Steel. .... Rock Island do. preferred. . . . United States Rubber. , do. preferred. Southern Pacific. . . Southern Railway,. . do. preferred. . . Sloss-Sheffield. Tenn. Coal A Iron; Texas A Pacific. . . Union Pacific. . . . . Uulted States Steel. . do. preferred. Va.-Car.CbemlcsL . do. preferred. . Western Union. . . Wabaah Wisconsin Central do, preferred . do, preferred . NEW YORK. Slay.. Jnne. , July.. Aug. . Hept. . Oct. . Nov. . Dec. . Jan. !i I 11.01 Closed very steady. mmwrmt mm —10.96-10 11.<>r 1 11."'. 11.06-06 10.99-11 11.04-06 11.2011.19-20 11.20-22 11.26-26 If loieiw 11.04-06 11.89-40 11.22-28 LIVERPOOL. The following Is the opening range, 8 p. tn. and cloae, compared .with yeateraay: Futures opened firm. , Opening ’ Previous Range. 2 p. m. Close. Close. May 6.47 -0.47% .... 6.50 6.r** May-June... 6.44 ^.4^4 6.46% 6.49% 6.1 June-July... 6.34 -6.9% 6.36% 6.30% 6.! July-Aug.... 6.29 -6.32 6.32 6.34% 6.: Aug.-Sept... fl.18%-6.22 6.22 *** * Kept.-Oct.... 6.11 -6.13% 6.13 Oct.-Nov.... 6.02 -6.06 6.06^ Nov.-Dec.... 6.01 -6.02 6.02 1 Dec.-Jan.... 6.00 -6.01% 6.01’ Jan.-Feb.... 6.00 6.99 Feb.-Mar.... 6.01 6.01 Closed ateady. NEW ORLEANS. — — - Th* following Is th* range In cotton fo* tore* In New Orloso* today: 1 Jl i h 3 II t a Ft sl S.U May ItL 48111.63 June. • . July 1LSSU.94 AUg. • V 8ept. • • Oct. . . . .11.32 11.52 b?c.’ *. : iilao ii.« Jen |lLS4ill.El ii!si uii 'll! 23 11.81 KU n.ti iilei 1L48 11.51 11.6^-59 1L66 11.90-91 11.70 11.65-76 11.60-61 11.49-50 11.47-48 11.60-51 11.48*60 11.65 U.89-90 11.83-30 11.60 1L 35-36 11.32-34 11.31-32 11.35-36 Closed ateady. NOTES ON GRAIN. Pointers on Provisions. Special to The Georgian. (From Hayward, Vick A Clark.) Chlcngo. May 17.—Weather generally clear higher temperatures throughout cuing. Think It n purchase on all reactions and Took for much higher prlcea. Fair demand for corn and oats and look to •ee them sympathise somewhat with wheat. Would prefer to buy September oats on any soft spot, Cool f rli.i.it I Feel friendly to provisions. Our Liverpool house cables: "Wheat la higher, affected by American advices. Ar- peoted, but supplies pected shortly. Corn firm* with demand." The Chicago.Record-Harald: Echoes of deliveries around 81 per bushel are floating around the trade in large numbers. One house haa sold out enough long wheat since Friday laat to enabla It to take about “1,000,000 out of the clearing bouse when all £ tho mnrgtns tied up lu unsettled trades re drawn from. The winnings have gone to the public, less than a doxeu of the lurge K sfessiunal speculators getting anything e large profits out of the rally. A cheek went to Doetou laat night, an other for 8200,000 waa sent on Mouday to 8nn Francisco, while large sums have gone to smaller cities and towns covering a wide territory. Pennsylvania. Ohio, Indlsua and Michigan grain men and others have made big winnings. Small towns In Oklahoma which Invested In wheat early have taken down phenomenally large sums. Borne of these small accounts have shown profits of 20c per bushel. EXCITEMENT GREAT IN THE WHEAT PIT Prices Declined a Fraction to Two Cents at the Start. NEWS WAS BEARISH Heavy Buying oh Decline by Outside Later Sent Prices Skyward. men report 25 per cent Our the whist seed ed from Itrandon to Mooao Jaw Saturday. That la the principal wheat district. Home districts practically finished. • Every fine day will see 10 per cont additional seeded. Just talking long distance 260 miles west. Saya estimate . don offering us everybody seeding this morning, bah ate for todnjr 40 per rent needed. Lou ffedng us Manitoba No. 1 8c uuder our The wheat market mar possibly show aome further break to 92093c for Julv. but Is opeu to doubt." Is the view of h. W. 1 tenuis. "On any further break would buy courageous holders wll ilianehardT~N'T Dak., reported: "Worst storm ever known this time of yaar. 61* to tun Indie* of snow and sleet. Seeding done up, with only one-tblrd completed In the state. * * *“**““* Not safe to seed wheat after this." Ijirlmore. N. Dak., wire to Bennett said: "Heeding progressing very alowly. Ground freeaea every night. Tan only seed In afternoon; often lose entire day. Acre age will be nt least one-tblrd less. One of the Omaha grain men on the special trip through Kansas: "II»ve exam ined fields thoroughly through Sumner nnd Nodgewlck counties, tho two banner coun- t ea of the elate, end do not believe that there will be 10 per cent of the wheat In these two counties harvested, brom Wlcht- rcri' uleeWki ng w whea r." but "green"bu* i J t 1 } everv field, and In about two weeks will suffer great damage. In every field of wheat wo examined, and we were very thorough, we found the peet even to miles of Omaha. There were forty-five tho party and a vote taken as to the damage (lone up to present time waa 47 per cent, and, tn my opinion, two weeka more will 'make this greater. Oata vary poor In Nebrnaka and Kansas-nractleally non* at all. I only saw one field of corn out of the ...^4 ... mIIm (.In " ground on the entire trip. „ "Foreign markets are all quieting down, ild a Sew York meeaage to 1^®- Demand for moment hae been filled, and all exporters had aelllng order* for both cash and futures." COTTON SEED OIL. Chicago, May 17.—Wheat closed with ad vances of l%02%c for the day and at sharp reactions from the top. Corn was up %0 best and the market was a big affair from tho start to the finish. Shorts and Investors were first on one aide and then on the morn a W. H. field v: Nebr., i WEATHER REPORT. 8TATE FORECASTS. Georgia—Fair tonight; warmer in north and east portions; HTaturday fair and warm er In east and south portions. South Carolina—Fair tonight; warmer In the Interior: Saturday fair and warmer. Alabama—Fair and warmer tonight and Saturday, WEATHER CONDITIONS. and la now centered over southern Alabama. Its advance* haa caused cooler weather In the Houth Atlantic states and over moat of Georgia. Clear weather prevails over the southern hnlf of the map, while cloudlnesa Is the rule in the northern tier of states. Rain haa fallen at all stations on the Atlantic coast from Maine to southern Florida and along the northern border of the United States from the northern lakes to Montana. The adrance of the low area from the went will cause fair and warmer weather In this section tonight and Saturday. COTTON REGION BULLETIN. •Atlantn, clear. enormous transactions In corn and oata. Provisions showed more life, too, and doled blgbar. CHICAGO GRAIN MARKET. Chicago grain and provision qnotatlons for today are as follows, compared with yesterday's close: Previous Open. High. Low. Close. Close. WHEAT— May 96% Hept 99 Dec 100 CORN- gft Sept.... 63 Dec. ^ L 6074 OATS- MR::: 158 *Tdnk- r ‘ ^ ** mm.. MODERN MILLER CROP REPORT. St. Loula, May 17.—The winter wheat rep In most states la Infested with field eats.east of the Mississippi river. Little damage. la Indicated by Insects and crop tlona generally reported west of the extending aa October November. « . . December. . . . Closed strong. sm THE LIVE STOCK MARKET. Irhlcago. May 17.—Hogs—Receipts 22.000. Market for light hnga strong and a shade higher; others wmik: light 86.3006.36; mixed 86.2606.50; heavy 8606.4<V; rough 8606.15; pigs 85.8506 40; yorkers 96-5006.55; good to choice iimt; »e.3o«k4o.^ra^m..^ra Cattle—Receipts t.000. Market steady; poor !*eeves 84.906.45; rows 818006.40; heff. ers 82.7005.40; dives 84.5006.9: good prime steers 85.3506.45; poor to medium 84.2508.90; Mockers and feeders 83.9606.15. I Sheep-Receipt* 4.000. Market steady; good native* 84.50ff6.20; yr»tern_84.6«>q6.lHr L. H. Fairchild. £ittbllih«d 1885. 8. L. H. FAIRCHILD & COMPANY, NEW ORLEANS. ^ Member.: vlZ £ 0,,< 2 E Net Ynrk Cofte. Kirtain. SZ Stew Orlo.no H,p«fil «f Trad., Sew Orlnni (tank Kxrh.DC. <'hl.or' Hoard of Trodr. LIVERPOOL COTTON ASSOCIATION. Private Wires to NEW YORK sad CUICAGO. Orders sullcited for future dellv- B. C. LOTH HAN. ery os above Exchanges. PROVISIONS. PROVISIONS—Supreme harae 15%c; bel lies. 20025 iNmnds; average, 10J6; fst becks, S.9; i late*. MO; supreme lard. 10.73; |*nr- Ity cotipound 8%e; California hams 10.51; dry salt extra ribs. I.S3. FISH. FISH—Bream 7c pound; . pound: truut Sc pound; blue fi«h ft* pound; pom pa no 25c pound: mackerel I2%e |iound; mixed fish &•* pound: fresh water trout 9c pound: Florida shad roe 25**; buck lOcj Georgia shad roc 4«V; buck 15c esih. Nebraska. °^fn central and southern Kan •as and Missouri the lose Is serious, end In tho southern counties of Kansas the lots ts as heavy as In Texas and Oklahoma. Damage by frost Is also noted. Warm weather Is urgently, needed. LIVERPOOL GRAIN. heat opened H01S higher, and at 1:39 i. 1%01% higher. Closed 1%01% higher, irn opened % higher, and at 1:30 p. m. NAVAL STORES. 8pet*!a! to The Georigan. HavannaU. May 17.—'Turpentine steady at 61%: sales, none; receipts. 6*9. ^osln firm: sale*, 1.232; receipts. 1.709; 85.52%: N, 85.40; K. I6.»: I, 8490; II. 84.30; G. 84.67%04.8S; V' 84.6004.76; ~ *' 1 84.50; A B C, R2504.4O. •Chattanoofa, clear* * Columbus, clear. . . , Gainesville, clear. . . Ownrllle, clear. . . . Griffin, clear. . . . , •Macon, clear. . • . . Montb cllo, clear. • . . Newnan, clear. . , , . Homo, clear Spartanburg, clear. . . Tallapoosa, cloudy. . . Tocooa, clear. . . . . Meet Point, dear TIPS FLASHED From Wall Street Special to The Georgian. (From Hayward, Vick & Clark.) I New York, May 17.—J. 8. Bache & Co. London firm. Union Pacific strong and ad voneed 1%. The violent rise In the groin market was responsible for weakness in stocks jester- lansas secretary of agriculture today roads handling very heavy section. Bank statement tomorrow should be a fa vorable one. Look for recoveries In general market dor- New York Financial Bureau: Loq. Canadian Pacific 8t. Paul %;''New and UL without apodal formation showing professional buying on weakness and aellhr “ be said of Union ! ... . 149, except that information also Indicates w, IIMI hnlllsh feeling. Pennsylvania support nd 122. Chesapeake and Ohio nnd Is sold on firm spots for scalps by nvo fesslouals. Canadian Pacific Is accorded the same treatment, a little more warily, owing to the small floating sapply of stock, bat the basis of attack seems to be the crop damage. Amalgamated Copper Information la bullish. Northern Pacific, 8t Paul. Great Northern preferred are bought on weakness. 8t. Paul support la 131 to 132, Northern Pacific 132. Great Northern pre ferred toward 180. Southern Pacific la meet ing buying ordfere around 83. Smelting re- ntrlcted uow between 127 and 130. Brook lyn Rapid Transit la held between 67 and G3. Others are in trading position. Town Topics: The stock market la still under the influence of besrlsh operators, though the banking Interests- are checking ►od stocks for a turn, especially tnd Hsrrlman Issues. St. Paul. Pennsylvania, Baltimore and >r long pull on the cheap southwestern illway issues. Their earnings will be more nd more a certain Influence for higher rices. The bank statement outlook Is quite sat- factory nnd the surplus reserve shoulf * >nalderahly Increased. We look for bullish demonstrations In meltera and the copper shares, the for- gn metal position being especially strong. Take profits In wheat on strong spots now. Buy cotton when weak. THE 8UGAR MARKET. THE COFFEE MARKET. New York, May 17.—Following are coffee cables: ... Havre, 10 a. m.—Market steady; noon, ad vanced % franc; sales, 26,000: arrivals, all kinds, during the week, 14,003, Including 6,000 Brasilian; deliveries, all kinds, during the week, 64,000; atocka, 2.674,000, of which 2.077,- week, 54.000; stocks, 2,674,000, of which 2.077,- 000 are Braxlllan. Total quantities discharge ‘ig, 116,000, of which 94,000 are Braxlllan. Hamburg, 10 a. m.—Market unchanged to , pfennig decline; salei, 26,000. Saturday ad Monday will be holidays In Hamburg. Rio receipts, 8,000; shipments to United States, l.OOu; Europe, none; stocks, 649,000; market Inactive. Santos receipts, 49,000; stocks, 2,472,000; market inactive. 8so Paulo receipts, 42,700; Jundlthy re ceipts, 27.000. The following figures give ths opening inge and cloae of the wew York coffee market for today: Movement Was Sluggish h\ New York in the Early Session. ADVANCES WERE FEW Fractional Advances Shown. Declines From a Frac tion to a Point. , Toft May 17.-—A now IdOucd,. „hfrh 5S2..«7. 4 ““f «'??•»* pn ib.Ti TUMU dajra of thn week summed Incr.nffj Importance In todu*( nurket. 8terhm. l“‘ change roae ndtidT,".! 1 "tie openin'i V' l.u.lne.s o«r ^cm «he^ponntf "n^,,! >5“1 adrance o7'ofer He* Jdoe t "tli«"!Sl‘ 1 l i! of the week. A reaction from th" ’ 1 tlona) uprising In the (iraTn maifiteta" a^Jm!' panylhR furtGer reporta oltat,, In the wheat dlatrlct waa noticed , oin in ■ uf'f trlct ?*• noticed. „ ' (llnarlly mlaht have been. In the : deallnua. ftofeealonal aentlment rf« i’ creaalngte peaalmlatlo and operatn.ni , the decline were renewed In varloua * | r „. tlona. Steel common apd Pennavlvanh! were conaplcuoualf under preaaure ■ more active apcculatlvo favorltea like twi IDS and Union Pnelflc. felloff 'Xm', -New Torfc, May 17.-Whlle tha mnrket showed aome Irregularity at the off, 1 irs.U'is MINING STOCKS. Boston, May 17.—Opening etocks- North Butte. 91 3-4; Old Dominion, hi- Osceola, 1(0; Trinity, 21 1-4; CoppeJ Range, 83 3-4; Mohawk, 8S. PP THE LONDON 8TOCK MARKET. 8TOCKS- |Op n 2 pm Atcniaon •« •• •• „ ^ ,, Amalgamated Copper .. M Baltimore and Ohio Chesapeake and Ohio Chicago end Greet Western.. Canadian Pacific •• .. Brie .. , do. preferred uo. jircirrreu •• •• ,, •« lllnola Central Kansas and Texas ....... i and Naihvillo .’.‘J’ January . February . Maroh .. April .. .. .13 ■ as April May .. .. .. . June .. .. H ( July .. .. #. •• Augunt September .. .. October November December Closed steady. Opening Range. 6.35-6.40 .. .. ..6.35-5.45 5.40-5.45 . .. .. ..5.40-5.50 6.60-5.70 6.40-6.50 .. .. ..5.40-6.45 5.35-5.40 ..6.35-8.40 ..5,30-5.35 6.30-5.36 6.80-5.35 Bales 47,760 bags. Close. 6.S5-5.40 6.83-6.40 6.40-6.45 6.45- 5.60 6.6641.70 6.45- 6.60 6.40-6.45 6.35-5.40 6.86-6.40 6.35- 5.40 6.35- 6.40 6.25-6.40 PR08PECT8 NOT FLATTERING FOR FULL YIELD OF COTTON. New Orleana. May 17.—The Tlmes-Demo- crat says: "The more auspicious aspect of the weather map and the forecast may alter aentlment, but to what extent It Is den< the moment, from the view point of the roan who recognises the necee- alty for a full yield, the prospect la not flat tering. A week may he required for the determination of the approximate!/ correct determination of the approximate!/ correct price required to fit intelligent anticipation* as to the relation of supply and demand. In the Interim a nervous market should be the rule rather than the exception for the HEAVY RAINFALLS. Newbern, N. C., 1.88. DISTRICT averages CENTRAL STATION. Atlanta. . . Augnata. . , Charleston. . Galveston. . Little Rock. Memphis. . . Mobile. Montgomery. New Orleans. Oklahoma. Savannah. Vicksburg. Wilmington.* ! Temperature IS = ay ite!52l C * t Uu. , “ p ,! r : cl,bl * ”!*•(»»• -For j." , *£S , ,Tdi« 1 uZ, 2i bmn • ai,at »»• . Remark*, nifhrr temprrnturr. ar. r«port«1 from wMt.ru and c.ntral dlatrlct. and lower temperature, from .aatern dlatrlct,. Light ","’.;.. ll V.':. occurr,<1 ,n * north.ait aectTou of th. b«IL WEATHER FORECAST. Loul.lana—F.lr and warmer. Arkanua-Falr and warmer; Saturday partly cloudy. ' Oklahoma and Indian T.rritory-IncrMn Ing cloutlloc-. Texas—Incrcnalng cloudiness and warmtt for entlra state; Saturday partly cloudy™ THE METAL MARKET. New York. May 17—At tho metal ex- change today, extreme ilitllncae prevailed, with price, about unchanged, with the eg. ceptlou of tin. which showed a slightly cas ter tendency for spot and near-by deliver- Other commodities unchanged. LIVERPOOL EXCITED. window glass. 95.80; water-white, 15.55; M : X. IS.40; K, IS. 10: I. 94.*); II. 94.00., .. p H70 . „ j |n ,^fighiy“eicltrt condition t^tey Llvenwol, May II.-The wheat market wae I a highly excite — —■ - - - roae 2d per cental. are no land marks and no known refuga of anfety. It la a very difficult thing to accurately dis count a situation. Yesterday’s price fluc tuations demonstrated thn marked uncer tainty of apcculatlvo calculations, and also the general fear of further advance."—Hay ward, - Vick & Clark. ALL COUNT8 COTTON YEARNS PRICES FIRMLY MAINTAINED. The fact become, more and more apparent each day thnt cotton yarn aplnncrs and nail. Ing agents ire determined not to grant any further concessions. In nil quarters of tha Norfolk t Now York Central .. .. .. Ontario and Wtstam .. .. Pennsylvania Philadelphia and Beading .. teas ~ Houtnern naiiway M •• St Paul .. ........ ,. Union Pncldo .. .. .. .. „ .. United States Steel •• • • „, do, preferred ........ .. Wabaah .............. do, preferred yarns for drllrcrlea ranging from the middle of this year through to April, 190*. This plainly Indicates that weavers are not afraid that prlcea will he lower later on. and. In fact, seem to believe that there h every poatiblllty of etlffer prices owing to steadily Increasing demand for cotton yarns. There haa been quite a steady demand for Sbuthern single-chain warps tn numheri ranging from I2n to 20i, while on tho higher counts business Is rather quiet On Sooth- nnd foil prtcon have been secured where orders have been accepted. In tho knitting yarn division of tho mar ket good reports are to band regarding tha nates put through, and sellers state that. taken na h wholo, tho market Is In s mtn h than It has been for nnm. bare evidently made np ‘ prices will he era are placed now they etand more show of getting de liveries on tho same than they would If they waited for a decline. Leading Southern knitters bars plac'd quite a raw orders alnce the week opened. .. iers have hern 6 laced at fnll open mnrket quotations, and tie only question which teems to hate arisen has neon that of dellierlea. Print Cloth, Qo Higher. On account of a stronger movement In the staple, print elothi for any delltrrj during 19W are aelllng up 14 to U'. On wide 94a for October and November delivery th» mills are asking ?a, and It Is only on tracts for contuderabla volume that «V I; quoted. The market la unusually I 23-loch 60x72e and Joblmra are lilddl bare 'f dug f"t search the market for spots and are tnklng any stocks that come to light at top valua tions New York. Boston. Chicago. Washington. Philadelphia. • Baltimore. Atlanta. New Orleans. 8an Francisco. London. Th? American Audit Compahy, 100 Broadway, New York City, F. W. LAFRENTZ, C. P. A, Prea. G. E. MANWARING, Vice Pres THEO COCHEU, JR., Secretary. The American Audit Company, chartered under the laws of New York. la empowered to exatnlne tho affairs of, and mako reports upon the flnan- clal condition of private and public concerns for directors, officers and In dividuals. The preparation and Installing of systems a specialty. ATLANTA BRANCH, 101B-1016-10X7-1018 FOURTH NATL BANK BLDO- C. B. BIDWELL, Resident Manager. Telephone, Main 872. Cable Addreee, Amdlt, New York. HAYWARD, VICK & CLARK, COTTON, STOCKS, BONDS, COFFEE, GRAIN AND PROVISIONS Carondelet end Grevler 8ts* New Orleene. MEMBERS: _ York Cottee Kichange. Oilrreton Cotton Etehange. Uouatoa Cottan Exchange. j Now Orleans Future Brokers’ Association. I KEM? i ni1 i; hl ^*Cr Boards of Tradfc New >otk.Coffee Exchange- Associate Members Liverpool Cotton Aao'n r*etv Yorh snd Chicago Correspondents. J. s BACHE A CO., AND BARTLETT, FRAZIER A CARRINGTON. PRIYME WIRES TO ALL POINT* it. si. Aim^iPU.Y, vicp-i rpsiuenu iiiuajan l. miu i.’i '-•■“•r** JOSEPH A. M’CORD, Vlc*-Prasldent R. W. BYERS. Assistant Cashier. Third National Bank Capital .... $200,000.00 Surplus and Profits $400,000.00 DR. A. W. CALHOUN, MILTON DARGAX, JOHN W. GRANT, II. Y. M COBD, J. IT. NUNN ALLY, J. CARROLL PAYaNE, E. B. BOB8EB, DAVID WOODWARD. ALONZO RICHARDSON & CO. PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone, MainfcS. ATLANTA. GEORGIA.