Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, May 24, 1907, Image 11

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Atlanta Georgian and news., May 24, 1907, Image 11

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Newspaper Page Textj THE ATLANTA GEORGIAN AND NEWS. IN ALL MARKETS Jiverpool Led OfE "With De cidedly Strong Set of Cables. close WAS FEVERISH Sew York Active, Firm and Sharply Higher in Response, Sew York. May 22.-Buslnei, at the open. Ins or tbe cotton market was active and 2 market Arm at 8817 points advance, following strong csbles from Urerpool. tee late month* led the advanco, owing to .k. unfavorable private advtce* regardln* crop and weather conditions. Commission Lnitfi had more orders than on yesterday, Mistily front parte of tha South that have IMO sending In bullish- news. Tbs Urerpool market Thursday morning «s the reverse of Wednesday at the opeu- lag In that It was active, strong and buoy. ,nt whereas on Wednesday It was active, ve ab and lower on reports of favorable weather and manipulation for a reaction kr the Wall street bull leader. The English market Thursday opened considerably better than due and continued to nnpeeve up to the close, which was feverish lu tone with prices 225482254 Eng. u,b points higher. Manipulation It all on mo hull side. The following Is tha tangs la tha active Booths la Uvetpool todays KrS..:::lS If*. 13 Octotmr-November ....*.14 *.fi ff.14 spoil were dull lint Arm. a now high iwonl being reached. Tnklngs by spinners Ire on n very sntnll acnle. Imt do not ad- torsoly nffeet prlcea. Middling advanced IS oolntt to 7.10 on sales of 4.0W bales. P Tho market for futures In New York was froi at the opening, with prices 8817 points higher, the strong Liverpool cobles and fnra- for unsettled weather In the western Klf of the licit being the factors for the strly strength and advance. At the high polut there were considerable realising sates, closing lbs market steady net J5 t„ ft points higher thau Wednesday's fldfl!*- Compnrntlvc receipt* at all U. 8. port*: Not receipt* Thursday, May 23 Kamo liny lust year l>eeren*e Total receipt* for Are day* 44,658 Santo tiny* lust year C3.W1 Decrease * Total receipts sine# September L...9.699.202 farm- lime Inst year 7,I»,78J Increase 2,168,468 Estimated receipt* Friday: 1907. 1906. N#w Orion ns 1.700 to 2,200 2.488 Gslvoston 3,000 to 4,003 l.<3i Rouiton 900 to 3,000 933 Movement nt Atlanta: 10’,376 3.706 Receipts Thursday . Same day la*t year Increase Shipment* Thursday Same day ln*t year ... Increase Stock ou hand Thursday Same rtny Inst year Increase 160 None 148 148 SPOT COTTON MARKET. Liverpool, Arm; middling uplands 7.20. Atlanta, steady; middling 12tt. New York, quiet: middling 12.35. New Orleans, steady: middling 12ft. Norfolk. Ann: middling lie. Charleston, Arm; middling ll 1 Kavnnnnb, - * Galveston, Baltimore, Memphis, Houston, r Charleston, Arm; middling TODAY’S PORT RECEIPTS. The following table show* receipt* nt tha grti tcds.y, compared with the **me day New Orleans Galveston Mol.Hi. bn van unit Charleston Wilmington. . , , , Norfolk N>w York Boston . l'UIUdelphln "■vide i-onat. . , . . Total. INTERIOR RECE1PT8. The following table Ihowa the Interior ■oveineiit at cotton, compared with th# day bit year: IfW^T 1906 Houston Augustn. ..... Memphis et. Cincinnati. 2941 8? rrh hayward, vick a clark’s ___ DAILY COTTON LETTER. Now Orleans, Mny 21—The Liverpool ™nl roAecta nn excited market, showing * Milison gain for the ilnr of about 24 l-ouit, Increased hedge buying on contln- bad crop nows sod protective buying Mfor., two holidays nn* tvintrltnl from that Mrkrt. This strong UvcrpfMl—tart, more hill, n very critical weather outlook Ibis wirnlng, caused hull speculation In our gerk.-ts to he renewed In fall force. Open- »8 ,1,001 15 higher, prices advanced stead- E JjL-hb but iTitle Interruption until the ■" had retched it points, when realising ■pmo attractive au,l stopped It. 55 bile Trtrl»iiait on ill,ring the past !4 hours wss g?*, ll r moderate nud conined to Te*»s *nd *«t,rn l-milalaua. Indications Bow point “ » repetition of the disastrous wet spell " week. Points In Louisians reported erst wo Inches rsln early this morning. JsjuM It materialise In Its worst form sod IS, another serious set-back, crop reports won ,1 Ih> such as to fully Justify the pro- ndvnnce In cotton so far established, "p tis from central Georgia asd I/>ul«lnna ■ri “ns,,I.rectory. So special reason given, ■** ratum 'bat had come to a atnnd la da- J2 1 ’"' ns deteriorating In spite of fhe sev- days of fair weather. »«,.* - consequent* In the next 44 hours JJ? 11 n A*ct condition reports to the gov- Jni? '""lerlnlly nnd mako a senantlonal condition Agure a certainty. ln, ?*l*ht for rh# week looks like gAH "Miner 109,9*4 last year sad 111.247 In • bi Europe, mill takings may be TL."..13b May 2t-J. ft. Ilnche & Co.: •'Uprising strength of me Liverpool Special to The Georgian. (From flnyurgiQ, Vick A Clark.) Saw York, .May 23.—J. 8. Bacba Ic Co.: *■'JMTasfwas due I to 7 advance on near 9* higher on late. Opened strong nt 20 advance ou near nud It advance on lot*. At 12:15 ~ ~ near au B points American imports, 11,003; American none, s. ^AraateA early at 7.000, against 10 427 last week and 10.357 yast year. JTOfl Liverpool buoyant. r ' ‘ •pool buoyant Spot* ad r ^ ncta \ The manipulation.I* all on the bull aide. Our advice to buy on dip# has been *®*j*jst ** far. We better* In higher price* and favor purchase* on *11 decline*. Bureau report wilf undoubtedly be bullish. Journal or Commerce: James Patten Is supposed to be still a bull, and so with Plenty of other adventurous western opera- tors whose defects do not lie In the direc tion of a lack of courage." Shorts covering and Wall atreet buying ou reports of bad weather. Quite a lot of October for sale nt 10 but think the market will go through It, Market very Arm with aborts on Hgr - * * rta of bad we . w Orleans, Mir __ , Clark: About twenty atstlou* in Louisiana Arkansas. Mississippi and Texas —T Arm with shorts "on tbs vsrge of a quick run. Looks much higher. Shorts covering and Wall atret buying ou reports of bad weather. New Orleans, May 23.-Hayward, Vick & .. — rr lug heavy rains. ttle to proAt-taklng, but If weather condl lions becomr - J dated V Th n few'doya*ago for aCcount~o? New York je generally known nnd tomorrow a further advance market to buy ou. ATLANTA MARKETS. FRUIT AND PRODUCE. Lm-f roCLTIlY^Hwn, native, 4Dc chickens, active, 16@35c each; ducks, Pekin. 30c each; puddle 25c esch: geese, “ feathered, 40c each; turkeys, dull pound. pound; l0©22c ’ NEW YC The followlb* !• th* rr lure. In Now York to(l.: >RK. ug* IB cottoa fa* : 1 •d a s 1 I! June ft!5v.::: SSV.:::: Dec Jan iV.o6 11.'* M ilia ill 15 11.16 11.23 1L4S 11.3S ILU 11.64 I : :SS2ft&8S| 1 ; iSSSSSSSj SS ii. n 11.30 11.3S 11.40 1L63 IO.lrt-98 10.98-99 11.03-04 11.C6-06 l!f M 11.33-35 11.39-40 11.61-63 U. 87-39 10.92- 93 10.92- 94 li-S-H 11.23 11.28-29 21.40-41 Closed steady. ’ g-sKUIuU DIUCUi nVUTO **7I' 1»V»1UU, UllliB peas active 13.25 bushel; lady peas 13.60 oufhnl- itock ll.75C2.16 bushel. KHUIT8—Lemon,, feney Me,sens. 75. New Y'ork stnto fnn<v, - honey pe«che«. 72.0*83.00 per ernte. Grape fruit, Florida stock, owing to ilia and color, per box 72-6087; lime,, Florida atock, per ioi 71.50; peanuts. In snek, averaging 100 pounds each, owln* to grade, per pound 6%ti.lic; dried applem 788)fc; dried pouches, 1154c; prunes, «875jw: cantaloupe, 73.50 crate. Strawberries, 1081254c. VEGETABLES—Yellow squash, 31.7S®2.00; white squash 7181.60 crate; cabbage, crate, 3c lb.; tomatoes active, 72.6083.00: potatoes, now. 74.0086.00 barrel; onions, I.oulslana. 71.75 per bushel: Egyptian, 4c pound; old Irish potatoes active 71-15&1.20 bushel; cel ery. fnticy. fi.6084.00 crate: peppers active, 72.60 crate; ekra. six baskets, small. 64.60; crate; lettuce, headed, active, 72.0083.00 per crate; kraut, half barrel, 33.75; beans, round green, 72.60 orate: wax. tl.2501.60 crate; a»- pnrngna. 16«20c 2-pound bunchoa; English peas. 71"® crate; cucumbera, $2.60 crate; beets, fi crate. GROCERIES. id 087c; fancy head grans. cream dairy 1754c; lUCB-JapOToWc; bend 15497. according to thn gi t'HEESE—Faucy full c "svflAit'-Stnndnrd granolated, 654c; New York fcAned, 4»4c; plantation. Be. * COFFEE—hoaalen Arbuckle. 710; bulk In bags and barrels lfei green 11812c. Shredded biscuit iwf.potind, ouci ..(« e* ‘ yr— era 654c pound; lemon 7c: oyster 7c; bar- rel candy, par pound, 854c; mixed, per pound, 654c; tomntoea. 2-pound, 7100 enit; KpoVind. 8.26: nary benna, 7JoWj’MTOU>*an» rop " FLOUR AND GRAIN. JMStfSOSk W. WfeW si: whit* feed 68c; No. 2 yellow, 76e; mixed, ^CHICKEN' Ta&Wf&SS’ % rurlna Chick feed, H»| \1ctor feed, 71.J0; br oAT8^No. , 2 white. 60c: No. 2 mixed, 60c| If.® No i ‘dover, mixed. 71.21; choice "'glloRTlb-tho'ce'wbl'ts Ml Taxaa whit, IlS; fanejrT 80-pound, *1.40; brown, W to 100 pounds, 11.35. PROVISIONS. rnuY idiu4y«j-ou|.,w^ hams, 10.60; dry aalt extra riba, 7.65. FISH. FISH—Bream 7c pound; .snapper 16c pound; trout 8c pound; blue Ash 7c pound; pompano 26c pound; msckerel 1254c pound; mixed Ash 6c pounA: fresh water trout le COTTON SEED OIL. sSjgA"-»" October 6254653 53 664 November 46J46J4,, 44 6 4054 Beconiber. 42I48435* 4254843 Closed strong. mnrket coincident with an advance in spola abroad disconcerted the bears nud ring trad- era and the bull clique bid the new crop months up sharply. Fear of further crop dtmage deterred realising on the advance. Outside Interests Itpught freely, fm pri vate advices of rains In the Mlastsafppl vailev tbs market worked np to a net advance of alatnt 15615 Pflnu with duly 1115 or 42 polnta over the low level of veaterdar Fear of a btilllah government rauort helped by freub nrtra of bud weath- leira from putting out new l! r riea”S bS i?ranc«r lf.lt. In full Mntrol and can pnt prices murk higher. Wo are bulls ami believe In taklug cottgn on ail dips. L H. Fairchild. Eatablldted 1888, •• whlt *- L. H. FAIRCHILD & COMPANY, NEW ORLEANS. Members: tine ? ri 7*“s Cotton Exehnuge, New York Vrafle )«rk Cotton Exchange,* New BeardofTrad*. " Or| vaos Stock Exchange. «^hlcago lb»cd of Trade. LIVERPOOL COTTON ASSOCIATION. . .. 1 ViwvJ’iErabat Nl: " V0BK 3Uj CUICAoa 0rien Edited by Joseph B. lively MARKETS Mr. Lively*# twenty Are years* esperlenc* of wi lting markets In Atlanta and the South has mads him s recognised au thority In his specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAMB OF STOCK. ouiniYBU t Anaconda Aaancaa Locomotive. do, prsferrod . . .. Am. hmeltlug lief. . . do, preferred .... Atchlgou juAeMbb:: Baitimor *J UB w • • • Canadas a FsclAe Chltmgo anil Northw'n. Chesapeake i Ohio . . Colorado Fuel A: Iron. Central Leather .... _ do, preferred .... Delaware & Hudson. . Distiller's Securities. . do! preferred !! General Eleetrle . . . Illinois Central .... Louisville "Naihvllie’. ‘ fa r”-™ 1 • • • ': i ii>54 liiii liiii liiit ‘i i tt" W" 6454 ia" NAME OF STOCK. K E Dot. 1 * National Lead. . • » • . Northern I'adflc New York Central. • • . Norfolk at Western. . . . Pennsylvania People’s Pressed Steel Car. . • • do. preferred. , *«< Taelflc Mali Heading Republic Steel Hock Island. . . . . . . . do. preferred. . . . . United .Stntes Rubber. . do. preferred. . • . . Southern Pacific. , , . Southern Hallway, . . . do. preferred Sloss-Sbetfteld union United States Steel. . . , do. preferred. . . . Va.-far.Chemical. . . . , do. preferred. • • . , Western Union Wabash do, preferred . » .. , Wisconsin Central . .. , do, preferred , ‘jr- 1 i LIVERPOOL. The following Bgnrei give, tho opening range and close, compared with yesterday: Future* opened Arm. _ , Opening _ Previous Range. 2 p. m. Close. Close. ter it IT E’-iffirti IS Atlg.-Scpt... 6.11 -AS* fsteBZir. if! 1&4 9.2554 Cf Jan.-Fell.... 6.08 *6.1259 6.14H 6.21 NEW ORLEANS. The following ta tho range in cottoa fu ture* In Naw Orleans today: If ^ |j|| 1 8 July 12.1912.* An* 12.0012.09 Sept., . . get 111.78111.90 ilec.". *.’. i uiii iui Jen lll.77lll.S0 nuiraii.M iiii ii!* ll:a-28 12.00 12.00 12.5 iui ii!o !t« bHU IT ii& 11.61 11.81-83 Closed Ann. NOTES ON GRAIN. Pointers on Provision*. Chlesgo Evening Po»t: Northwestern Mil ler. which Is now compil ng u report ol Northwest conditions to be Issued •• a dolly apeclsl,, reports: ••While pretty cool, northwest wheat entlook favorable. Con. census of opinion spring wheat acreage la •omewhat lest than 190*. With warm weath er would grow fast. I Cold In northwest Can ada. but seed hustled Into ground last week. Conceded there will be a decrease lu wheat acreage. IIow much undecided. Conserve* tlve elevator men say 10 per cent. • Following Is from a recent number of Liverpool Corn Trade News: "This season It la becoming evident that the world a crop will bo satlmated next July at a considera bly smaller total than was laat year a, and, although In a few countries the carry-over of old wheat will be larger than lu Julv. 190*. yet the absence of any reserve! of old wheat In IHisalA, Germany and probably Argentina will make an Important differ- ence. It aeema probable that one of the striking feature, next summer will be the abnormally early and large demand for wheat from tho eastern states of the Ameri can Unlou for Enron*.* One of the largest Arm, In Iowa sends nine reports from their esents nt different stations reporting the condition of tho otfts crop et the present time o» 71 per cent. An other dealer with seven atatlons reports the average *2 per cent. Another dealer with nine stations reports present condltons 7* P *BarfleVt-Ftssler said: "We hsve Just re ceived specimens of the green hug now working In the oat Belde of southern end central Illinois, peso ««, *' n . t . Montlcello snd thsy ire Identically the same Insect that haa produced so much de- structlon throughout Oklshoma and Kau- **5roomhair« apeclal Bnaalsn nswsservlee: Reports from the southwest state that heat continues with Increased severity, which Is doing much damage, and ehonld aueh weath er continue It la expected that the crop w II suataln acrlous Injury. Bain Jm» falftB jn North Coucasut anti the outlook forth# crop In tho district of Veronesh Is ntlafac- '"Kilowing from Astoria. Ilia.: ‘‘The last fsw days I have examined a great many ileMs of Wheat from Beardatown, III*., to the north line of Fulton county. * Of about Afty mllea. and I And the gram bug In every Aeld end In some Aeldi pretty thick, but I c*n not see that they are do- jng^sny^damage as yet, n» wheat and oats "Traveling mau for , Prominent ^graln house reports at follow! ou the *hc«ft«r- rltory between Kearney and Galloway. N«br: "Wheat la aUll green end growing some, lint toe short to make « full crop now, even with Ideal weather. Wurni weether will eoen take what moisture there It In the gra.UDd. end If we do not get a mod rain thl* next week the whear will damage very feat. 1 think that this ap plies To all section* west of Columbus, both north and aouth of Platte river. Holt wired 55*. H. Lake from Concordia, ana: "Wheat damaged 4* per cent errand ere7 and still going on. From Crete here uga everywhere. Wheat going back from ^ySu a*rc'ao"ns to tee a marked falling off In tho prlranry wheat receipts beginning Wednesday, said L- W. Dennis. UNFAVORABLE WEATHER RESTRICTS TRADING. The New York Commercial: Every ef fort Which the Jobbers are making to push the sale of wash goods snd fancy cottons for the present seseon seems destined to be thwarted by unfavorable weather. 55 ed- neaday proved only a moderately auceeaaful one In the Jobbing bonies ns out-of-town and nearby buyers took the aummer fabrics very cautiously. On dresa good! for fall dellvsry aalet are Increaalng aoroewhat and the ataplca lu particular are receiving a fair share of attention. On ellka In black snd fancy color* a# well as In novelty silks the Importers snd domestic handlers are getting steady business from Jobbers snd cottera-ap. The ndvsnces which bare been made on linen of bleaehed cottons recently hsve stimulated the effortsV ell aecoadary market buyers to get goods under order the balance of the yesr. Ou coarse cottohe a substantial Increaas In ordering for fall Is reported end prices ere much Armor than at the opening of rho month. The movement on colored cottons In the heavy constructions, such as dsnlms. Jeans, heavy shirtings, tickings, owning cloths, etc. arc Artnly held by Arat and second hands, snd It Is now stated that retailer, aro moving their stock to better advan tage than nt any time previously this spring. The reedy-to-wesr garment trade for both men snd women report only mod erate sates tm reorders for summer mer- -hsndlse. They have endeavored to stint- llate I,living by offering Che Iwlanre of their stocks St favorable terms, but Aud retail ers reluctant to Increase fhelr stocks. . Sales on Print Cloths Lars#. In point of activity tho print cloth mar ket Is Stronger nt present than at ear time liefore during the current montk. On veeterday’e transactions In narrow goods Lbra w.ee mads on tsinch 44 by t* good, at 4t-lle for delivery this able of Angus!. Beyond that date I-ilc lass was tahen l>y Eastern mills. The rail for wide goods, especially standards, *t 2e eras well sus tained. and delivery extending Into Ocbj her and November was on a 1,.:, of l<548 tse per pound for various contracts. OFFERINGS LIBERAL UNO QUITE GENERAL Resulted in a Lower Open ing on Wheat—Coarse Grains Are Weak. Chicago, May **.—Lower prlcea ruled on the board of trade today. The mar- ket waa exceptionally nervous and the Volume of trade enormous. There were declines of 2 a - 8 (ff 2 7-8c In wheat, 11-2 @S I-4c In corn and 1-101-tc In oata. Provisions were off 6 ©10c. There were reactions and advances from the lowest points reached on a pressing demand late- Just before the clnee there were heavy lots of wheat to coma out and sharp price declines re sulted. Pyramldera propped out of wheat In large bundles as the price dropped. It was an old-time shake out, with the small fry on the selling side and the big people grabbing every, thing In sight. July was off as much as 8 l-4c at one time. Corn waa under further pressure from cash concerns and hedgers and support was given only on declines. Farmers were big sellers of cash. Oats weakened on the rains which were needed In the oats country. Green bugs are working In Indiana and Illi nois. CHICAGO GRAIN MARKET. for today Frsvlous Open. High. Low. close. Class TYnEAT- fcisra ,$t Sept.... 103 103 ^OBN- 10 * 4 IM » JSly:::: & Ht Srpt.... 54 61 Dec.... 61 5154 Oats— July.... 47 StDt.... 41 l'OHK— May.. ..... July.. 16.66 Sept.. 16.75 LAUD— M#y. i«!u i*:*o Ts sitt ill* 19.76 19.70 11.70 19.75 £»::: Iffl i:& M \M l.»54 •:» \T IT {:%* Sept... 9-10 9.10 9.06 9.06 9.125i THE 8UGAR MARKET. THE LIVERPOOL GRAIN MARKET. YTbent opened 54 higher, snd st 1:20 p. m. 18754 higher. Closed 548154 higher. Corn opened 54854 hither, .ml nt 1:20 p. m. 54854 higher. Closed 54854 higher. THE LIVE STOCK MARKE". Chlesgo. May 22.-llogs-Reeelnte 24.000. Market weak to 6c lower! light 79 J684.I754; 16754; *«bl to choice heavy KI64I9.45. Cattle—Kstlmeled receipts MOO. Market steady; beeves 74.9080.60; <ov.-» 71.9084.90; heifers B2.70W.40; ralvse 74.6089 60; good prime *teerf 16.46416.50; poor to medium 1130 06.40: »tocker* and feeder* 32.9006.70. Hheep—Herelpt# 10.0W. Market steady; THE METAL MARKET. New Y'ork, May 23.—Hualnea* wa* lUrht In tbe rnoral market*, with a slightly firmer tone In spot and near l»y deliveries Tlu In sympathy with the flriuue** abroad wa* Copper, loud sad spelter were nncltaaged. WEATHER REPORT. WEATHER CONDITIONS. The area of high pressure ha* moved a lit. tifl southeast during the past 24 hour* and |» now centered off the coast of North Caro lina. The western low area has moved a little east. A crest of high pressure ex tend* along tha extreme northern border of the map from the northern lakes to Mon. tsiuk. Cloudiness prevails over the northern half of the United State*, where rain* hare been general lu the last 24 hours. Haln wa* fall Ing this morning nt IMttaburg, Chicago, __ie temperature change* have been amalL but tho general tendency I* to wanner east of the lujsftlftslppj and in the southwest. The conditions favor partly cloudy weath er In this section with showers tonight or Friday. COTTON REGION BULLETIN. •STATIONS ATLANTA DISTRICT. ^Atlanta, pt. cloudy. ’Chattanooga, clear. Columbus, clear. . . Oalnesvllle, clear. . . Qreenville, clear, . . . (Jrlffln, clear. . . , ’Macon* dear. , . , Montlcello, dear. . Newnan, clear. . . Rome, clear Hnartanburg, clear. Tallapoosa, clear. . Toccos, dear. ... West Point, clear.. 83 = *T TIPS PLASHED From Wall Street Special to The Georgian. (mot Hayward. Vick & Clark.) New York. May 23.—J. 8. ISscbe & Co.: Loudon uuirket hardening. Home market weak on prospect of dearer money. Largo short Interest caused cover ing movement. The crop news, according to The Price Current, snows Improvement In winter wheat nod for other prospects good; especially corn. Morning goaolp mixed; some predictions of another at tack by bears, particularly on oe--. 7 Union Pacific said to he movement In fimeltar*. Steel, buying of Union Pacl good. Covering movement In 8tneiters. Look for little hardening lu early trading. Cold exports have been avoided tsniporor 1 fa*. New Y'ork Commercial; Those trad ers who thought that Unlou Pacific wn* “a good buy” at 148 have had time to think it over. It mny be worth 148, but Mull street la dealing lu prices, uot values, those 'fhe bears are like frogs. A few of them eau make a tremendous noise, aud give tho Idea that the market la golug to pieces, with no hope of recovery, but when traders beglu to look around them they see that matters are not so bad after all. Enthusiasts In Coppers said, not long ago. that perhaps Amalgamated never would see 90 again—nuleos the earth fell In. or ■omethlug llko that. Aud yot this stock weut below that figure Tuesday. There Is nothing the matter with the metal situa tion aud both the Amalgamated aud Aua- co ml a are making millions In profits. The New Y’ork Financial Bureau: Lon don mixed today. Atchison advanced %. uuvu 7|. nil* Anacouda %• Union Pacific Is In a ahort covering rally, aupportsd arouud 133. Copper found good support toward 87 and Is lutught for Invest ment, being (a ft rallying tendency. Smelt- lug level 01 support is U3, ami with high er dlvldeud ruiuor* * • buying on weakness, hu alone Is ou tho recovery Ison new support Is nrQuml M, aud as a I per cent issuo should not go much below that level. Short covering ny Insiders oc curred arouud 53, and a further rally may occur, hat will be sold again by profes sionals until they find the summer trsi- 125, and Northern Pacific around 120; nlito Great Northern preferred. UoJorado Fuel and Iron continue reactionary, end will be sold ou all rallies; also Pennsylvania. Reading held arouud 99. with selling on ral lies of 3$5 points by professionals.’ Houtb- eru Pacific is well nought, support arouud 78 and Investment buying, Town Topics: The oversold condition of the stock market nud the anxiety of the aborts should lead to s continuation of the rally, which In Unlou Pacific, tit, Paul and Reading should be of good proportions. A sharp break it) the grain market would nccomiMiny any effort of the lug tones to unload. Kuob a turn la uot at oil unlikely, and It would Immediately change the cur rent of stock market sentiment. Investment buying In the (till stocks, especially good railroad stocks; especially those named. reaction liefore again going long. Wheat should not be bought except < very sharp break. bSwIS* . . ^ HEAVY RAINFALLS. Lake Charles. La 3.30 Cheneyvllle, La j.Tl Jennings, l^t 4.16 CENTRAL STATION. Atlanta, . • . Augusts. . . . Charleston.’. . Galveston. . . Little Rock.... Nsmphls. . . . Mobile. Montgomery. . New Orleans.. Oklahoma. . Savannah, . . Wilmington. . DISTRICT AVERAGES. Ui T. Indicttra Insppreelsbls rainfall. -For fssterdtr. —For 24 bours ceding * s. n„ Htta meridian lime. Remark#. Romewhet hither temperature, srs report ed from all ssi'tlon, exropt .ration.rr In Oklahoma. Isml.lsns, nnd the eastern dis trict of tbs Georgia dl.trlrt. Light show er, have oreurredIn the western portion e< the central section, of the belt. WEATHER FORECAST. North Carolina nnd South C«rpllns-r»lr Georgia, West Florida, Alabama and Mlaatamppl—Showers. Bn.tern Florld.-Fartlf etoudr: probably * Lmd.'nim snd Arkansas—Tonight and Frl- day nnsettled; probably ahowera. Oklahoma, lndlnn Territory and East Tes sa, North—Tonight snd Friday nnsettlsd weather nnd colder; prnlsibly showers. East Tesa.. 8omh-Toulgbt snd Friday, unsettled weather. _ , ^ West Texas. Nosfh-Tonlght snd Friday, ■bowers nnd colder. West Texas, South—Tonight and Friday partly cloudy. NAVAL STORE8. WnXb^W-Tnrpentln. linn st •TUM: 1 E& P, Siff reee.pt. t.MJ: 6’n* S *S£f k 1 *I**$ Mm&et™**”* 4 (440. HAYWARD, VICK & CLARK, COTTON, 8TOCK8, BONDS, COFFEE, GRAIN AND PROVISION*. Carondslst and Grsvier Sts, Nsw Orissns. MEMBERS: New Orteans Cotton Eiehsnee. I Orleans Nsw York Colton Kachans#. KSSr-SSi? BSS | 2»«U«‘.*MVmhJr;-uv-.^«l Ctss New Tork and Chicago Correspondent!. J. B. BACHE A CO, AND BARTLETT, FRAZIER * CARRINGT8M, gRIVATE WIREft-Tfi.AUo.EfiUiT*> ..... , Future Broken' Atemdettw. R> York ^Corion JKteh.nger" j gggffl* EES** ** THE COFFEE MARKET. New York. May 23.—Coffee cables: Havre, at 10 a. in., market steady; st noon unchanged; sale* 9,000. Hamburg nt 10 a. in., market unchanged to *4 pfennig up: sale* 11,000. Rio receipts 14.000; shlpiiieiit* to Europe 3,000; stocks 693,000; market quiet _ Kant ns receipts 40,000; stocks 2,1*3,000; mnrket quiet. Kao Paulo receipts 36.000. Jundlnhy receipts 31.000. The following figures rive fhe opening range und close lu the New Y’ork coffee mnrket for today: Opening llaiure. January .. .. ..6.30-6,40 V:::::::::::: ::pS June *! 40-6.60 ilSdfi.rV: rs» Hfpt.tnb.r:: ,*.»■*.» 6-ka.w Ovtohsr SS'SS SSI! November ?'S"5S Herein her mL**-*-® 6,25-6.50 Closed qnlst. Bales 19,260 hags. BOOKER WASHINGTON AT LIVINGSTONE COLLEGE. Clitss. ■ 6.10-6.16 6.30-6.16 6.96-640 6.95 5.40 6.464.701 5.35-5.40 8peelal to The Georgian. Salisbury. N. C, May 21—Living stons College, colored, celebrated Its quartsr centennial yesterday. President* Thlrkleld. of Howard University, Wash ington: President Rendall, of Lincoln University, Pennsylvania, and Booker Washington, of Tuskegee. being the speakers. Booker YVoahlngton made the great speech of the occaelon. After the address a motion to start u collec tion for a memorial to Joseph Price waa started, resulting In subscriptions amounting to 210,000. Booker Washington gave <100. Th# commencement cloeea Friday with an address by Governor Glenn. EXPERT CHEMIST HA8 NOT REPORTED. Raleigh, N. C, May 21—No report haa been made yet by the chemists who are examining ths itomnehs of Engi neer C. R. Strange nnd David Austin Rowland, the 11-year-old son of Dr. D. 8. Rowland, of this city, who Is now In the Henderson Jail awaiting trial on u charge of poisoning his son. BANKER CO-RESPONDENT IN BIG DIVORCE 8UIT. New Tork. May 12—Banker Con stant A. Andrews, named an co-re spondent In the eult for divorce brought by Frank Klemme. a wealthy Phila delphian, against Mrs. Hanna Meta First Prices on Thursday Show Some Sharp Declines. TRADING WAS DULL Short Interest Said to Be Heavy and Better Prices Are to Be Expected. .New Y’ork, May 23.—Front nil fimwarnarcs tho profotHloiiHl oporators who bail Ik*«»ii lu» atruiuoutal lu lifting the market yesterday sold out their stoeK'In the early l^mdou dealing* today. As it result American stocks were quoted lower, a.id ut the local opening there was a general ami a rather sharp decline. In the course of tho fore noon trading some special pressure develop ed against the steel stocks and tho whoio Hat for a time Whs rr.th»r heavy. Hut ns soon as the selling slackened tue market showed a ill*iH>*ttTon to recover, ami It looked ss though sustaining orders were ■till In force III the lending Issues. Uy noon the changes from last night were compara tively unimportant uml the extreme quiet of fhe trading wo* the only- fcatnrtv On good ucwn wheat prices receded aiul there wn* a marked slackening of activity lu this quarter alao. Opinion regarding the luuuv* dlatc drift of the security movement was very intx-h divided. New York, May 23.—The stock mnrket opened with Initial declines of Ufc lu llrook* hu tlu phi Transit* New York Central, I in Huioltlng nml Amalgamated % uml I'eim- K lvanlii ft, Reading, Raltlmore and Ohio, . Until. Atchison and Hteel common Hock hlatid %. The market at the etid of five minute*’ trading coutluued Irregular. MONEV AND EXCHANGE. nine ogius nnn; nxq usys days 4fi4*4: six months 4M&4V Posted rates: Hterlhig exchange 34.34VM3 4.K714. with setiisl business In Imukers' bills at fl.$66O04.IK65 for demand and 34.82509 4.8100 forslxty day* blits. Prime raurcamllu paper unchanged at 6Vh 06. MINING STOCKS. Poston, Mar 23.—opening atockaj Ru Coalition 26: Copper Range 81; North liu 36; Utah Mining 61; KmeTtlng 61%. HAYWARD, VICK A CLARK’S DAILY 8TOCK LETTER. New Y’ork, May 23»—1'rlce* held firm 'to day, although some attempts were made to depress tint stock market soon after the opening. A quiet covering of shorts was evident, aud some'scarcity of stocks was experienced by buyers of tho Inactive stocks. As uittnl the Hnrrlnuin Issues led Inactivity and strength, Union 1'adfic scored a further advance ou fnlr dealings, while Rending was bid tip on short coveting. A purely professional market characterised the early afternoon dealings. No nows of eoiisequonce. The Htesl storks, e§i»eHally Hteel common, acre depressed ou heavy trading. Rumors were current of liquida tion by Idg Hteel Interests. The selling of the stock had a suspicious look, aud did not act well on the rest of the Hat. The market reacted In the last hour, but to ward tho close waa easy, with a firm under- THE LONDON 8TOCK MARKET. Arutcnmht Atchison do, preferred .. ■lie .. do. preferred Illinois Central Kansas nnd Texas do. preferred Louisville snd Nashville .. Mexican Central preferred ., Norfolk nml Western .. .. . New York Central Ontario nml Western ,, .. , Pennsylvania .. .. Philadelphia nnd Rending .. Itock Inland Southern Pacific Southern Railway ’ >. preferred .. ‘mill unnifl Pacific ,. ,, •, ., e# i United States Steel do, preferred Wabash .. .. .. ., ,, , ROOSEVELT WILL NOT REPLY TO LONG YVa»htn*ton. May PregMent Roosevelt will probably not reply to Rev. YVIlllanj J. Lon*, who. In A gtate- m#nt for the preen, crltlclied the preel- denfa methods of gome hunting. It la understood tha president feels he has effectually disposed of Long In an article In a current magaslne. On be half of the president. It was stated at the white liouoe today that Rev. Lon* ••was pretty gmall game to shoot at twice." Klemme, waa called this morning as a witness for the defense, Mr. An- drew- denies absolutely having had any Improper relations with Mrs. Klemme. C. E. CURRIER, President. H. T. INMAN. Vice-President. GEO. R. DONOVAN, Cashier. JAMES 8. FLOYD, Assistant Cashier. $500,000.00 $650,000.00 Capital Surplus and Undivided Profits We Solicit Your Patronage. ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone. Main 8M ATLANTA. CK/ORGIA. ■nan mzMsaaml /