Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, May 21, 1907, Image 13

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>'. — THE ATLANTA GEORGIAN AND NEWS. lTKSnAT, MAY 21, 1907. 13 WAS JJNEXPECTED Reflected in a Slight Decline in American Markets. NEWS AND GOSSIP of the Fleecy Staple. Special to Tht Georgian. fijom Hayward, Vick & Clark.) Now York, Mar M.-J. H. Bach* & Co, Urrrpool wna dae 14 to lit advance" o J 11 ,' 1 •- 1 blKlii-r on late. Opened At 12:15 p. in., steadj * to * quiet 3 lower. on ,, ne . rtr «nd 1 to i’iower'oii'lnte .HUM! higher WEATHER FAVORABLE Firmer Feeling Developed in Late Morning Session. Decline Recovered. v.w York. Mar M.—Bualnoaa at tbo open- in. „i the cotton market this morning war intlra and prlcea were down 4 to 7 polnta, iniiicnc-ed hy Urerpool cables, which were aiitlnctly worae than bad been expected on the late positions. Following tbe call pres- •ora on October weakened the Hat. and new Sop optlona declined to a level, 8 to 10 oelnta under the rloae yesterday and a loss it ! polnta ou July. Urerpool waa expected to Bend encourag ing advices to tbe American markets on ti opening ou Tuesday. It waa due to open H4»2’4 points higher on the near and 5S6 points up ou the distant months. At 12:15 the near poaltlona were 461 up, white the new crops were 168 points lower In the later session, howerer, there wee a sharp rally, nnd the done was itroag 34(164 points above the previous. The following Is tba tonga In tha actlr* : Liverpool today: Open. January-February ....6.01 ilar J'ine . J.4* &«aiber-:::l,8 III cb. 6.09 155 6.40 6.14 lilt, if IS lag middling 7.01, the hlghoat so itr reached. Business was decidedly light at 4he advance, spinners taking only <,000 * Voder the Influence of the unexpected weakness In Urerpool, said to be caused !,r the bull leader ndvlalng prollt taking ob tbo more favorable weather, New York opened l«8 polnta lower, aud lost 264 polnta additional, when a rally occurred, carrying prices nlKivc the clooo of Monday during the °Ttie"cfoae'lVS'aw York futurea waa b<rely •teedv net 14 to 18 polnta lower aa com pared' with Monday's finals. Comparative raoelpta at all V. 8. porta: Set receipts Tuesday 12.887 Bime day lust year 1<.929 Decrease 4^33 Total receipts for three days 28.788 same days last year 38,507 lrccrease 9.744 Total receipts alnce September 1....9,552.307 Seme time last year IfliHS Increase 2,178,887 Spots, small Inquiry at 6' At" .Si! 1 middling. 7.01; uln 8,odo, Anicri can 6.JOO; apoculallon and export, 500; Ini porta 80,000, American 28,000. . JL?, rt . ‘“’■l' cat I mated at 12,500, against 10.929 last year.- Liverpool cornea lower on the new prop. Some selling on the other aide, realising lieinuae of better weather conditions. We think prices wilt he reactionary today. Would, howerer, buy on these declines, for at. any time will occur n change for the worse In weather conditions, aud the dim* age has. been too great for conditions remedy In a week. luithnm, Alexander A Co. any 84 per cent derrense in acreage. Crop two weeks late. Acreage 21,874,000, a Looks pretty well .... .. good commission house buying with the ring generally of the opinion that the bottom has been reached for the day. I "Mowing are 11 a. m. hide: May 10.f July 10.96, October 11.14, January 1L81. New orleiua. May 21.-IInywnrd. Vlcb _ ,.. rl Si J**? \ ork Wlrea: “The continent sold 25,000 October In all; sloo good seller ' Aflfust.” "Price advises tak GOVERNMENT WEEKLY REPORT ON WEATHER Alabama—Tbe temperature was below normal, lmt was rlelnK gradually at the dote of the week. The morning of the 17th was unusually cold. The rain of the 14th and loth waa the ouly general precipitation, but It exceeded the weekly normal In the extreme south and canned damage by wnah- tng land* and overflowing ntreams. The •aunshlne waa about tne average*. * Arkansas—The forepart of the week wna unusually cold, with light froat In the ex treme western portion, but the latter part was warm. The mean temperature was r * low normal. There were light showers the western portion Tuesday nnd general ... some eastern counties henry rains Wednes day. The rainfall was below normal In the western portion and above iu the eastern. Sunshine waa abundant nnd the weather -aa generally favorable. I lorldn—The forepart of the week was warmer than usual, except In the extreme western portion, but tbe latter part waa generally cold nnd the average temperature wna below normal. Scattered showers oc curred from the 16th to the 17th, mostly In northern and ceutral eon lit leu. The sun shine wal about the average. Georgia—The 16th nnd 17th were unusually cool, the temperature of the remnluder of the week being nearly normal. The mean wna generally 2 to 6 degrees below normal. Tbe week waa fair with abundant sunshine above normal except In the < -- r — —aj portion. Heavy rains fell In the extreme western aud southern portions. Texas—Showers occurred on'two days nnd the rainfall waa generally deficient, but none wna needed except lu western ooun ties. Mean temperature was 3 degrees to t degrees below normal. There were several cloudless days nnd tbe sunshine wan above normal, renditions were very favorable for farm work. Light frosts occurred lu the northern counties on the 15th. North Carolina—The. temperature was nlMiut normal, the week being characterised by warm days and cool nights. Tbe rain fall was exeesslre lu eastern ^unities, but elsewhere was generally below the normal. Sunshine was abundant except In eastern districts, where It was obonf normal. Oklahoma and Indian Territory—The tern pernture wna lielow the uormnl. the sun shine nearly normal. The rainfall was tin evenly distributed and generally deficient. Tbe forepart of the week was eool and cloudy, with light to excessive showers. *‘~tnaglng hall fell over scattered areas. ;ht to heavy frost occurred ou tbe loth, e latter part of the week waa warm nnd clear with drying southern winds. Louisiana—Thd temperature was 2 to 5 degrees below normal, nrtly cloudy weather with moderate to heavy shower a prevailed ou the first two days, .but the re mainder of the week was clear and cool. The sunshine exceeded the normal In all parts of the atnte. Wfrt jfftgtpgj nn(J heavy pt on the coast, where inpy were iikui. The .remainder of the week was fair with abundant sunshine, Wednesday nnd Thursday were unscasonn bly cool, the closing days being warmer. The mean temperature was about- 4 degrees below normal. Ixiwlnuds are overflowed. South Carolina—The weather whs genet ally favorable with much sunshine fit the western half, hut with considerable rloudl ness In the southeastern portion. The mean temperature wna below the normal, the nlghta having been unseasonably eool during the middle of the week. A large portion of the state received no rnln, and the rain fall was light In remnlnlug portions. Tenuessee— Low temperatures prevailed from the lath to 17th. and there were a few reports of light frost, but on the Inst two days the temperature was considerably . **-- - -* " ■ *•- the Estimated receipts vyednesdAjr: 8,000 to 3.500 1,000 to 2.000 1,700 to 2,000 »w Orleans Galveston ... Houston ..... Movement at Atlanta: Receipts Tuesday Same day last year ... Decrease Shipments Tuesday game clay last yesr Decrease Stock on band Tuesday . Same day last yesr Increase Da mi The 1 SPOT COTTON MARKET. Liverpool, steady: middling uplands 7.01. Atlanta, steady; middling 1115-16. New York, quiet; middling 12.06. New Orleans,, easy;, middling 12c. Galveston, steady; middling W4. Bavannsh, steady; middling 114. f'barleston. firm; mlddllng.114-... Wilmington, ateady: middling 114. Norfolk, firm: middling 13c. Augusta, Steady; middling 124. St. Louts, steady; middling 12c. TODAV8 PORT RECEIPTS. tha following table abowa receipts at th, pert • today, compared with- the aa me day uit year: 1807 190$ New Orleans. . . . • . Galveston Mobile . . Siivmiuah. I'barlentmi . Wilmington. . . , . . . Norfolk. Boston Philadelphia . Various . . rariflo ronat 1 2334 iii 874 ’*76 2412 « 868 489 258 456 1409 75 “’i Total 12337 16929 INTERIOR RECEIPTS. The following table sbowe the Interior movement of cotton, compared with tha same day laat year: 1997 190$ Houston Augusts , , Memphis. ........ Louis Cincinnati « 664 si! 3328 443 S 268 Total 6364 6405 HAYWARD, VICK A CLARK’S DAILY COTTON LETTER. Sen- Orleans, May 21.—A disappointing Urerpool, with futures about 3 lower than i nt Y 1 ™ nt Inus«l favorable weather In the belt, caused further esslness lu the market. The tendency Is to realise on •Hurts and to replace on the acnledown. Liverpool cables fliat tbe New York bnll I!? . w*s advising to take profits, which checked that market. Weather condltlona ® ptat* twenty-four hours were Q»«lt* favorable. Hardly any precipitation occurred nnd temperatures omderate. I’art- V,cloudy weather prevailed and la Indl- cjted for the next Uilrty-alx hours.. After opening our market recovered bn sup- r P°rt by room traders, who were working to Mt up to sell on. Latham. Alexander x ' n ■ acreage estimate of 3* per cent ■m »** from last year brought some out- •"!« buying, which waa soon satisfied at 10 points advance. Trading la undecided In «nd suggests long liquidation on "S fa ™rable turn In the weather. • ,* '°rk. May 21.—Liverpool ruled lower ". l1 '! new crop months and our market JggJjJ Jlowu. Home real!slug Jaw .weather condltlona brought shout wninjf in Liverpool. Heavy sales In Octo- sl,L - v . p,r traders had n depressing In- - n,> in the first half hour, tint after I- A ItnosnVRPmHHHi * n the lielt for today, temperatures * ** lo .wer and unseasonable. Private cRtlmatea In anticipation of the gov- rnment report show a decrease fn acreage nr, *8® per cent, nnd private advices " .u ^P *>ra bullish. The liquidation JL.P* *dvanee during last week was snffl- E™ * bring a fair setback in prices. jSL.rae uncertainty of preseut weather conditions are well known, and conspire to R'*, ,u PPort to the market nt present 6ht« • t,,, buying on all fair THE COFFEE MARKET. New York, May 21.—Coffee cables: Havre, at 10 a. m.. market steady: noon unchanged; sales 12.000. Hamburg, 10 a. m„ market advanced U pfennig: sales 11,000. Hlo receipts, two days, 11.000: shipments to Cnlted States 1.000; Europe 1,000; stocka 872.000; market steady. Santos receipts, two daya, 44,000; stock* 2,413.000; market quiet. ^ Hno Paulo receipts 45.000. Jundlahy receipts 39.000. Hally weather, fair. The following figures give the opening range and close In the n “ market for today; Sew York coffee Opening Hange. ,.5.40-o.5< May .. . June .. .. July .. . August .. September October .. November December ..5.45-5.56 .. 5.35-5.45 ,.6.35-5.40 ..5.35-5.40 ..5.35-5.40 ..5.35-5.40 Closed quiet. Hale* 19.760 hags. 5.30- 6.35 5.40- S.45 5.45-5.50 5.60-5.65 5.10-6.50 5.40- 5.451 5.30- 6.36 5.90-5.35 6. JO-6.35 6.30- 6.36 5.35-6.40 ATLANTA MARKETS. FRUIT AND PRODUCE. ROGB-Actlr". JOIfe tilVB POl’LTBT—Htn*. xctlr,. 40c Mich; rhtckPiis. active. 156*" e«"l>l Hucka- Pcktn, Sm- earh; nuilille 25c each: gccie, full fathered, 40« each: turkejs. dull 124c pound. FttBESSED P0ULTBY—Qccsc. undrawn,I active 10c pound; turkeys, undrawn. acUvsl 14617" pound;'fries active, 25680c pound; rnoOH^E-Idri 10611c pound; Pants net tlve I«c pound: ahouldera active IOC tic pound; sides active 11c pound; butler active 5)flf-2c pound; bceawnx actlva 25c pound; Kiel: stock 11.7662.15 bushel. Florida stoek. owing to alae and condition ife'-ISrml ,y peaches. W.0064.00 |ier crate. Grape fndt. Florida stock. owl„, to .lxe aud color, per box |2.60£3; llmea, Florida stock, her io6 81.50; pesnute. !n ssoka averaging Brsr 7# tocbM. 114c; prunes, 6«74o: cantaloupe. BVEIIKTABLEF-Yellow aqbaah. 81.5061 73; loifflic;'tomatoes active, 62.03fj2.6O; potatoes, H. Fairchild. Eatabllahed 1885. 8- Whlta. L. H. FAIRCHILD & COMPANY, NEW ORLEANS. .. Members: vl w 2 r *rana Cotton Exchange. Now York Coffee Bxcbanf*. ill Cotton Exchange. New Qrlrane 18i»rd of Trade. Orleans Stock Excbaogs. t’hlcago Board of Trade. LIVERPOOL COTTON ASSOCIATION. , r , , ’ rlT *'e Wire, to NEW YOIIK and CUICAOO. Orders Mllclted for fature dsllv- •r» ou abe T « ExcUinaes. **• Edited by Joseph B. Lively MARKETS Mr. Lively's twenty-flv# years' experience of ed iting markets In Atlanta and the South has mads him a recognized au thority In hla specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAME OF STOCK. Amalgamated Copper . Atlantic Const Line. . American Sugar Hef. . Anaconda American Locomotive. do, preferred . . .. Am. Smelting lief. . . do, preferred . . Atchison . Up. preferred .... American Cotton OU. . Am. Car Foundry . . . _ Iron. Central Leather .... do, preferred .... Chicago & Great W. . Chicago, M., & St. P.. Pel — Dls Brin . do, preferred ;; : : ^«i.ifr..T)iafc. Mexican Central . Mlsoourl Pacific , Total, .tuck an lea 1.228.200 alinroa. m NAME OF STOCK. N. Y.. Out. & W. . . National Lend. . . . Northern 1'aclfic. . . New York Central. . Norfolk & Western. . Pennsylvania. . * . . People's Gas Pressed Steel Car. . do. preferred. . . Pacific Mall Beading Republic Steel. . . . Hock Island do. preferred. . . United States Hubbe do. preferred. . . Southern Pacific. . . Southern Hallway. . . do. preferml. . . Slofls-Hliefrteld. . . . Tenn. Coal A Iron. . Texas 4c Pacific, . . . Union Pacific United States Steel. . do. preferred. . . Weateru Union. Wabash Uo, preferred , NEW YORK. tores In New York today: Closed barely steady. 11.17 10.71116. fa-75 10.36 10.73-75 i\M ri'.OS 1L0S-00 16.96-64 10.91- 94 10.95-96 10.92- 93 11.00-01 liudi 1U7-18 11.22-23 3111.19-30 11.35-38 LIVERPOOL. * The following figures give the opening range and close, compared with yesterday: Futures opened quiet and steady. Opening Previous Range. 2 p. m. Close. Close. May Mny-Junc... __ June-July... 6.38 July-Aug.... 5.33 Aug.-Sept... Sept.-Oct.... Oct.-Nov.... Nov.-r uec.v r Jan. Feb.... C.01 Feb.-Mar.... 6.03 Closed strong. 48 let.-Nov.... 6.06 6.0fli S’ov.-Dec.... 6.03V^-6.04 6.03' I>ec.-Jan.... 6.02 -6.02V4 6.02' NEW ORLEANS. ire In rottoo fu- g«v~: rff.MTfi.'K June July.. . . .11.8311.91 Aug.. . . Sept 11.6611.66 Ort 11.4411.68 Nov Dec. . . . .11.89 11.49 Jan. . . .111.44111.48 Cloaeti steady. I |ll U.B0|U.50flt.d^ ltfa ii'.T6 1L76 iLaln.oii‘.8- ii.nrii.36n.i6-s iisyisi inn5 TIPS, FLASHED From Wall Street Special to The Georgian. Market decline s! bight Hayward, Vick & Clark.) >rk. .May 21.—J. H. Ruche A Ca: i-nernlly higher for American^ blit i»| strength, not surprte- uarket Is ubnost at tbe merry or operators for n decline and they are pushing the advantage obtained. Stop- orders are being caught. and.untU these are out of the way no .hope for betterment Is possible, * Note Issues, poor crop Outlook and fear of depression In business are the fac tors. Hallies will com*, but a'lower level generally Ih regarded as Inevitable. Stocks are u sale on rallies and n purchase ou weak spotr for tin- time being. Short covering still going on. Soma sup port appeared In Union Pacific and stayed the course temporarily. ' New York- Financial 'Bureau:- London higher. Atchison up V&. t'nmullnu Pacific 44, Heading *4. Union Pacific V Southern Pa cific >4. Pennsylvania St. I’uul H- Steel down H. Erie down *i. , , • Union Pacific may be Jnmmed down a little further by professionals nnd will be •old on all rallies for a time. Heading Is nlgnmated C ren In, strong stocks. C.'opper, Will likely go Northern Pacific and TRADE IN STOCKS AT START Tendency to Yield Was Shown at Opening of the Session. DECLINES WERE SMALL A Light Sprinkling of Small Gains Was Noted—Lon don Higher. NOTES ON GRAIN. Pointers on Provisions. The Chicago .Record-Herald: President James 8. Bell, of the WashlMiru-Crosby Mill- ig Company, Is of the oplnlou that the heat crop of tho northwestern states would be practically seeded with the close cent advance In wheut bad probably some what Increased the acreage at the expense other grains. "We are doing no flour seeding Is practically complete, ... aotn aud tiie Dakotas. Conditions of mar ket and weather have Induced farmers to sow as much wheat os possible and Indica tions now are that decrease In acreage will not be material. Condltlou of loll Is excellent. We have had just the right amount of moisture. Seed Is sprouting aud doing well In the entire teryltory. In southern counties, where some seed was sown early, It shows good growth, good stand and excellent roots. No reason to think seed has gone In too late. With normal weather condltlona from now on we see uo reason why the Northwest can not make good average crop." ... x_ . *be go __ wheat cron for Knnsas WHEATWAS ABOUT CENT UP AT THE OPENING Tales of Drought and Uufa- -vorable Crop Reports Stim ulating Influences. WEATHER REPORT. STATE FORECAST8. Ocnreln—Fair tonlxht, root.r In south por tlnn; WMiiciitnjr fitlr aud warmer In the north portion. Konth t'nmlinx—Knlr tnnlfbt, cooler In the southrnst imrtlon: Wednesday fair and warmer In the Interior. Alabnmn-Fair tonlxht nnd Wednesday; Warmer Wednesday In the Interior. weather"condition8. Asnmulnt that the eovernment report of April l Indicated X wheat crop for Knnaar of shout' 114.9W,000 bushels, I would eatl cts for that state nt 60.. 000 bushels." ■ aald John Marshfield, who waa on the floor yester day. “ - ■ — - “ _ . , III finish. The ont crop of southern Kanaoa la entirely cleaned up. Aa to conditions Northwest 1 should any that there It renlly nothin! to *et acared aliout. although the seeding la n little late. The Bed Hlvrr valley Tma atarted right this year. x aeotlou which tins not lind n good crop In the last five years. I expect to sec aome Improve- ment In the cash whent situation North- welt." ... ' , . An Omaha massage to Ware-Leland re- ported that the Nehra.kn.lown Grain Com pany bad reeelved n Itox of green bugs from l’aeifle Junction, laws. In the westei portion of the stale, on tho Burlington rox Hoyt wired Ixke from Cnrney, Nebi that he hail examlued a grant many flclila nnd found bugs in nil of them—about tho same conditions tbera aa there were lu Katinas about thirty days ngo. Reports from New Knglnud Indicated thnt the supply of corn In that section was greatly reduced. talnljT not'indicative of* eny great nnxletjr on their port as to their future suppllea. said W. P. Mackensle. “There arc Incon- slatcncles In this wheat furor which will need to he edjuated liefore one can feel cnmfortehle In following the exc foment. Mverpool la nnder Chicago and prices ore „B n calamity haste, which has pot jet. by nhy means, been proved to exist. erv. h fancy!‘$l6WJ4.00 crate; peppers active. Si crate; okra, six baskets, amxn.j4.50; crate; lettuce, beaded, active. B.0063.90 per crate; kraot, half Iwirel. »75; beans, round green. 12.00; wax 11.2561.69 create; nspan- *us 15029c 2-pound bunches; English pens. GROCERIES. 56<4c: head <67c; fancy head ..Ing to the grade. -Fancy full cream dairy 174c; "sCGAB-Hlandard granulated. 64c; New tdacnlt 15 case; No. 2 rolled Oita reil'oalinon 25 caae; pint — — —. cocox 49c; chocotxto Be; enuft. l pouml Jars. 48c; roast heaf 12.60 cate; corned beef 12,6; rote; cataup 11.90 caae; ilrnp. New Or- lennt. 25c gallon; corn HJr gallon; Cuba 35" gallon: Ocorgta cane Me gallon; salt, 100-pound. 50c; axle grcaae 31.75; ami; crack ers 64" pound; lemon 7e; oyater 7c; bar rel candy, per pound. <4c: tnlxe<l, per pound. 64c; tomatoes. 2-pound, »ll0 caae; 1 pound. 12.25: navy lieana. *2.40: l.lma beans 6c; l>eat matches, per grots, lt.66; macaroni. 61467c pound; inrdlnrt, muatnrd. W.2j cnae: nSraah. 83.2563.30 c°P"- I ply cotton, 18c; aoxp, 11.4964 cnax FLOUR AND GRAIN. FLOrit—Highest patent. heat pat ent 45 16; standard patent. 41.75; half pat rol 84 69 spring wheat patent. 16.59. COBN-No. 2 white. !9c; choice white. Itc; white f..... 1. 68c; No. 2 yellow. 76c; mixed. 75c- cracked corn, per hunhel. 75c; hulla. III. CHICKEN FEED—Fifty-pound sneka »0c; Purliin "hick fed, *1.80; t'lclor feed, 81.10; ''oATS-NtJ'i^hlte 60c: No. 2 mixed, 40c; Golden oala. 59c; white dlppe<l. 6lc. MEAL—Butin. I>»r 96-pound aacks. .3c; 43- pound ancka. 74c; plain, 20-pound ticks, 75c; *°HAY-Tlmnthy. choice targe ha lea. $1.45; do rbolce small bales. II.15; No. 1, one- third Idea. $1.30; No. 2. one third hales, tl 26: No. 1 Hover, mixed. 3L26; choice Dralrle $1.00; Bermuda. 11.10. BIIORTff-CboIre yolte $1.45; Texas whits $1.35; fancy. 90-pound, $1.40; brown, SO to too pounds, $1.». pR0V |g |0NS PROVIBIONII—Supreme hamt 154c; beb 10.0)4; Purity compound. 8.094: ('aUfornla Chicago, May 2J.—There was a snap py market In wheat, and the other ce reals were active, too. Advance! were eatabllahed of 3 7-864 l-4c In wheat; 3-801 3-4c In corn: 161 7«8c In oata and 2 l-2c In provisions. There.waa no let-up In the buying power, everything offered being taken. Northwestern markets were up wildly, and the seaboard showed good ad vances for the day. The Northweatern Miller was out with an sstimate on the loss In area In the Northwest, making It 10 per cent. Cbrn was active, ana the buying and selling was of good rharactsr. The country was a big seller of cash. There wee an enormous trade In oats with shorts covering In a liberal man ner. Provisions were slow on the whole. CHICAGO GRAIN MARKET. for today follow: July.... K::v iSg CORN— May.... 54 SS5:I" ■" ¥obk- May July.. 16.7714 16.92% 16-75 17.06 16.90 With hut few exceptions, dear weather prevails today over the entire country. . The northweatern high area has moved eastward, causing cooler weather at nearly all stations east of the Mississippi. The center of this high area Is now ov£r Lake Michigan. An area of low barometer Is centered over Utah. The temperature hn> risen considerably In the Missouri valley, ths.DakaUa and Min nesota, while In the southwest the tempera ture has remained practically stationary. In the last 24 hours rain has fallen lu the Missouri valley, on tbe middle Atlantic const nnd nt a few scattered stations else where. The conditions are favorable fftr fair weather In thla section tonight nnd Wednes day; somewhat warmer Wednesday. COTTON REGION BULLETIN. For tha 24 honrs ending at $ a. m., 75th meridian time, May 20, 1907: STATIONS ATLANTA DISTRICT. Mai.* Min.** ^Atlanta, clear. . . . *Chattanooga, dear. Columbus, dear. . . Gainesville, clear. . Greenville, clear. *. . , Griffin, clear. . . , •Macon, dear. . . . , Montlcello, clear. . , Xljf T - w — I. Ate 11 more and Ohio, l'enusylvanln. .Southern K sclflc nnd Great Northern preferred are i a sagging movement that may be Inter rupted any time by a good rally. Hear talk Is noted on Brooklyn Rapid Transit and United States Steel, most of tbe active stocks twinging with the market lu trading range. Wo would be content with iniM , *“‘“ [urns now aud h»* guided by tecbnlmi profeofltoMl interpretations rather than liy u formation. Town Topics: Beatlmont is so highly bearish and the Important hanking Interests •o disinclined to offer anything at the mo ment but the most nominal support of n scale-down character that there seems noth ing to the market except n drift toward lower prices. We believe, however, that the hears will meet with italwart resist ance should they attempt to press their adavntage much further and a good all round rally may l»o looked for before the •ud of tbo week. The most beariu. „„„ reference to the Industrials, which will feel Do not overlook the fact that good stocks are decidedly cheap, especially Great North ern. Northern I’nclflc, St. Paul, Atchison, Pennsylvania, Baltimore nnd Ohio, Atlantic toast Line and Louisville and Nashville. 8TRONGER PRICE8 TALKED ON COARSE YARNS CbTTONS. The New York Commercial: As there hat atlll been no really warm weather to help move spring stocks of clothing and summer merchandise buyers for tho markets of final distribution are showing prudence In taking on additional goods for tbe present season. This Is true of all classes of cottous. but Is not affecting the ordering of lumsehold linens or piece goods n linens and silks. The paucity of at<»cks In those goods makes It next to Impossi ble for buyers to locate any considerable quantity In the hands of one agent. The shopping that Is being done gl rise to the Impression that a larger bust- J* hfJng put through than is actually closed. HI nee the members of the leading commission houses who wern In rmiadel- K hla have returned to their offlcet they ave begun to talk strong** prices on coarse yarn construction cottons. AH of the manufacturers from the South inode It dear that low-priced ataple was not to he expected nnd thnt on future business eloth manufacturers had no reason to re cede In prices. There was a stronger move ment in brown cottons Haturdny than has l*een witnessed since tho early part of the month. On bleached cloths the entire mar ket Is sold up on s|tot and onlv a very small quantity of goods can l>e secured for delivery before the winter Aouths. The aim mixiures. me summer weignis aim me medium weight styles, are moving to ad vantage Ih the Jobbing trade. Retailers report doing a better business on these llhci than on the summer lines In cottons and lin ens. In sales over the counter. Made up fancy cotton dresses and shirt waists ara ent... 9 BIBS— tbe New May July. ..... September. . October November. . . . December, . . . Closed steady. ... „ about steady and im aged. with all refineries doing business tho basis of 4.90 net less I per ceut for cash for flue.granulated. London beet market quiet; May unchang ed at 9a HUd; June off %d at 9a U>Ad. THE METAL MARKET, Ramarke. Lower temperatures are reported from the Atlantic coast nnd northeast districts. Else where tbe temperature remains stationary or slightly higher. Light rains have occurred In the Teiss and Tennessee sections, being Inappreciable In Oklahoma New York. May 21.—A further reduction _/ 'Ao In the bid price of lake ami elec trolytic castings. Copper unchanged. They nled steady. Others quiet and unchanged. NAVAL 8TORES. pectal to The Georgian. Havannnh. Msy 21.—Turpentine firm at 6014; sales 49; receipts 1,065. Rosin firm; sales 1.793; receipts 3.603; win dow glass 9S.80; water white $5.70; M $5.66; N $6.50: K $6.45; I $5.20; II $4.92*: G $4.87*; F $4.9*; K $4.75; D $4.60; ARC $4»04.4». WEATHER WA8 FAVORABLE: NEW CROP MONTH8 8LUMPED. Icrat: "The fickleness of speculative■■■■ ment Wgs demonstrated yesterday by a net I I decline of some 19 point• on tho new crop options. Tbe weather waa favorable, as the forecast over Kundav bad pr^^H more rain. However, the discounting of a I day or eren a week of sunshine at thla stage of the game may count for noth^m in the broader development of an unit situation. The real question at Issue la ■■ weather or new crop damage that has bean the cotton belt, and alnce no >ars able to show a clean crop prospect. ...e burden of tie proof required to show n reasonable prospect rests squarely on tbe shoulders of the reactionary. /Hut many a bull, even though his faith he limited now, fears a rainless weather map, hence the New York, Mar 2L—The liquidating more- entire Hat. The outsl auge was i there was no further discussion In specula tive circles of the likelihood of gold ex ports. Yet, lu face of all this, Tn snlte of generally higher quotations for American stocks In London, the selling continued un checked for the greater part of the first hour. At tbe end of thnt time, with the lending Issues down from 2ff3 points, sup porting orders made their appearance In quantity, and covering purchases began to make their Influence felt. The market ral lied under this support nnd retained a firm undertone at midday, but the trading on tha advance was comparatively quiet. MONEY AND EXCHANGE. N«w York, ay 21.—Money on call 303*; Time loans firm; slxty-dny loans. 3VJ4; ninety daya, 404<4: alx months, 4*04*. Posted rates: Sterling exchange, $4.34*49 4.87*. with actual business In hankers’ bills at $4.8685 for deraaud at $4.8390©LM for 60- day bills. Prime mercantile paper unchanged at 5* MINING STOCK. per linage 8I&SI4; North Butte 89: Stub* non 18V. Fruit 199: Ol.l Don honk 80; United 69; UHoll THE LONDON 8T0CK MARKET. Anoroltda Atohtson .. Amolgnmoted Copper Canadian I’aclflc Krlo do, preferred .. .. *.. .. Illinois Central Knnsas and Texas .. .. .. .. do, ptefeired Lonlsrllle and Naahrllle .. .. Mexican Central preferred ,, Norfolk and Western New York Central Ontario and Weatern l’ennarlranla .. .. .. Philadelphia and Heading .. Bock Inland .Southern ltnllwaj do, preferred Southern I’nclflc Ht. Paul Union Pacific .. United Btntra Ktetl do, preferred Wahaah preferred [ taSTL 1 „ •Its 344 99S! 944 ! 34% selling on reordera. for fall ate now aelllng actlr; hands. £ Values Hold on Gray Goods. When buyers ars wllllng to par 7%W 74c for spots In 89 Inch M 3*y .2«, thw general airmail) of the pHnt ran lie measured. Home *«» *'""'I for ward orders on narrow clntna hare hren placed, calling for delivery aa *« r Mar, 1998. Narrow gray gooda for nrl .• tera* pnr|K>ncH hare l.anin to sell for lata fall delivery at full asking price of agents. The absence of any accumnlntlons In P r ' '- ters' hands "or In the print cloth mills gives backbone to tly market. CHICAGO CAR LOTS. the nation's prosperity. volt In India, tbe onnsen— British exports of cotton cloths made from American cotton to that country, and of tba fact that thcoretlrally.at least a big Wheat.. .. reaction la dne after tbo Important advance Corn In the receni paat."-lleywcrd. Vick A Oata-- Clark. ^ Hogs, head. 0 HAYWARD, VICK & CLARK, COTTON, 8TOCK8, BONDS, COFFEE, GRAIN AND PROVISIONS. Carondelet and Gravier 8t«, New Orleans. MEMSER8; (Saw Orleans Cotton Exrbaota. I New Ortaens Fatnre Broken’ laroHattea New York Cotton Exchange. I New Orleans and Chicago Boards of Trad* Oalraaton Cotton nxchanje. I Now York CorrteExcbange. Uooatoa Cotton Exchange. I Associate Mcmhera Liverpool Cot tee Ana'* New York and Chicago Correspondents. J.S. SACHE & CO., AND BARTLETT. FRAZIER A CARRINGTON. PRIVATE WIRES TO ALL POINTS. W. J. Accountant and Auditor, 1114 Fourth National Bank Building. Bou rnon. HU ATLANTA CUL I Opportunity land Cash. Opportunity reaches out its hand to those endowed w ith ^ cash. Every great fortune has its beginning in n savings ac- ^ ® count. These accounts, if systematically looked after, grow & S alarmingly fast—and soon a handsome amount is acquired, suf- jg — fleient to make a good paying business investment, one cstab- w lishing a life’s income. We have hundreds of growing savings ^ accounts and want more. We hold your savings absolutely safe ^ and pay 4 per cent interest. j ' ■ ■ Union Savings Bank. | ATLANTA NATIONAL BANK ATLANTA. GA C. E. CURRIER, Prealdent. H. T. INMAN, VIce-PrcildsnL GEO. R. OONOVAN, Cashier. JAMES 8. f'lOYD, Assistant Cashier. Capital $500,000.00 Surplus and Undivided Profits $650,000.00 We Solicit Your Patronage. J ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone, Main 83& ATLANTA. GEORGIA. i