Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, May 31, 1907, Image 12

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ugmamKmmmmmmm ■■■■■■ H| THE ATLANTA GEOnOfAN AND. NEWS. FRIDAY, MAT FUTURES AT START SMARM BETTER New York Fell Into Line and Crossed the Twelve Cent Mark. CHOP ADVICES GLOOMY Improvement Predicted in Western Belt—More Rain Forecasted East. New York, May 33.—There was consider- able-tariff went at the openiug of the lo cal' cotton market. First |»rlces were strong and 1551.13 points higher. The strong cables.and unfavorable weather in the South were the Influences. At the advance there was a great deal of* realising. Liverpool was strong Friday morning, ad vanning sharply In the early dealings The advance Induced liquidation and most of the curly Improvement was lost III the early months, the close ln*ln _ ' “ * — “ white all the advance ... lost, they closing % to 1 point lower than Thursday's finals. The following Is the range In the active months In Liverpool today: Oncu. Illcb. Dow.. January-February ....6.60 6.54 $.41 Mny-June ...6.0% 6.M $$9% July-August 6.76 6.78 „ 6.67 Oetoher-Noveinl»er ....6.67 6.60 6.47 1 Kpots were In moderate demand at 11 jKjints^ advance to 7.40 for mlddllug; aales, The^Nen- York market opened after the holiday nrtlve, excited ami higher. Hue- NEWS AND GOSSIP of the Fleecy Staple. -fie close wap steady 28ff34 points higher than the closing of last Waduaaday. Movement Into sight: 190T“ Overtaml. week... Since Sept. 1 Into sight, week.. -w Iwt 1 hern cona'n.. Hlnce Fouth TWT. nuts 11.649 926.629 116,460 1S.017.S06 10,671.668 Vf:55 1.006,849 162.663 12,263,456 31,000 increase Catlmated receipt! Saturday: Comparative receipts at all U. k. porta: Net receipts today, Friday, May 31.. 7,787 Unme day last year 13,287 Deirrcnee 6.500 Totil receipts for the week 63.884 ... 76.742 ... - 23.868 ...9.629.926 ...7.486.244 ..2.143,682 *1*907. 1908. Ndw Orleans 500 to *00 1,092 Galveston 600 to 1,000 2,807 Miiktnn 200 to 300 1,275 Movement at Atlantn: Receipts Friday, May 31 None Same day last year). '.n .162 Decrease : 162 Hhlpthents Friday, liny 31 ..None Fame day last year...... < 302 Decrease 802 Block on hand today, 3Iay 31 5,720 Same day last year * Special to The Georgian. (From Hayward, Vick A Clark.) New York. May 81.—J. fir. Dacha A Co.: On New York close of Wednesday Liverpool was due to corue 6 to 9 higher, and It open ed this morning steady at • advance on near and 8 advance on late months, ss com pared with yesterday's day Liverpool was a ten.., — of 23% to 26% points, as compared with the close of Wednesday. Spots In moderate demand at 36 points advance, compared with Wednesday, on basis of 7.46 for Ameri can middling; sales 8,700, American speculation and export. 800; Imports, 16,000, Including 16,000 American. Tenders new docket, 4,000. > . . #P Drokera are cnlllug for a margin of 36 s bale from all operator* who Intend to curry lines over the bureau report. The extended rains during the past few days bsvo developed floods everywhere In the belt. Violent advances In Liverpool, due to manipulation and covering .of short*. It came out Juat as we foretold Wednesday. Those who bought any time Wednesday and held over long* have reason to congrat ulate themselves this morning. Would ad vise taking profits % this morning on the bulge*, for oppt^ “* “' — In.the near rut rjJne*. This la take °>ftw* York"Commercialr ■ “It- look* as If the spot man who gets hold of*all the-sta ple cotton lie cau early In the aeaaon la going to make money. There-seems-to be no reason to believe that the*new crop la going to be anything except; another low- fl Mlaa < Gllea > estimates condition ot 614. Following are 11 a. m./bids: + Joly 11.43. Beptemlier, 11.62, tmtober l!*7fr January*11.94. New Orleans. Slay IL—Hayward. Vick A- Clark: Market doubtful. . Look! - aa-jf en terprise Is. checked and more, liquidation coming. Official forecaat for weatem belt as netted. Clearing, weather’»!■ Indicated for Tcxaa. This.will cause-more realising. Liverpool cables: “Market feels Influence of worst weather and crop accounts on-rec ord;. We may have a; reaction at any tube; depending, out he weatherr,, but damage la very , sennas*apparently and outlook crltl- I." » expect market to.spurt a-little on n bad weather-forecast for the eastern belt. We think you can realise at aomewhat better figure*. " '* "* * *“ SPOT COTTON MARKET. Liverpool. Arm; middling uplands 7.1 Atlanta.-steady; middling 12%. New York, steady; middling 12.90. New- Orleans,- firm: middling J~* . Galveston, Arm; middling 12%. Savannah, firm; middling 12*4. Wilmington, steady: mlddlln * Norfolk, * 1,1 ' Augusta, Norfolk, firm; middling 13%. a, steady; middling 13%. TODAY'8 PORT RECEIPT8. The following table shows receipts at the INTERIOR RECEIPT8. The following table shows receipts at ths Interior towns today, compared with ths “am* day laat year,: HAYWARD, VICK A CLARK’S DAILY COTTON LETTER. New Orleana, May St.-Future* In Liver- , pool, although somewhat better than due, were much qnleter today, the market show- In* a tendency to halt. On our able much depended ou the action of New York, where profetalonuI abort Interests are supposed .to he on the defensive. That market opened barely aa high as due and soon weakened sharply, which put a damper on enterprise generally. Liverpool dropped 8 points, and the opening advance here of 7 point* waa loat In liquidation by louga to secure profits. Forecasts of clearlug weather In the west ern half of the belt stimulated the desire to realise. Weather conditions during the past 24 hours were uufarorabD. Rains were gen eral throughout the belt and heavy at uiutiy points. Indication!! point to clearing but waatitar In western half of the belt. Rains will continue m the east central •fates and the Atlnnttcs until Htiuday, as the rain storm Is moving east want very •lowly. The map Monday will present • posted at 10 a. m. Miss ... crop condition figure of 63.4. New York wire* say big peopl* there are trying to tie- t 'reaa the market to buy ou. Around 12.20 or October our tnafket showed great resist ance. New York. May 31.-J. B. Dacha A Co.: The cotton market this morulng was boil ing. Weather conditions over toe holidays were f ar worse than looked for, and tha Liverpool aborts were In a panic. Bpota made a- bis Jump and the demand was In- J Utent. There was much realising by the uhiiant bulla, who were cashing profits of a half cent or more. Conditions South continued deplorable, and every Indication “ *Uoo of tbs Bally cam- srket of 1904. Realising before, so tbs bureau report will uot re cord the actual state of toe crop. PRICES OF~COTTON YARNS _ CONTINUE TO ADVANCE The cottoa yarn market coutlauee on the lou Tanya. Disturbance over west gulf, near northeaat, may cause dangerous squall “ * afternoon or tonight on Florida coast. w York wire says beam are depressing cotton to buy on. Realising stopped here; people buying now. crat says: "With New York dosed, Liver pool frightened, n blank weather map and u __ [stressing almost beyond l>ellef, exerted a very powerful Influence on the local mar- set and rvalues advanced hr leans and Minnds despite heavy liquidation nnu profit- aklng. • - "Texas, Ixmlalnna and Arkansas reported further heavy rains over night and follow ing the weather advices came the most pes simistic cron reports yet received this sea- sou. Out the temptation to take profits was grout and eventually the fall months were sold off some 16 pdlnts from the day's high level. . Values are now so high when compared with - previous records nt the same time, of year that many men prefer to stand aside .and nwult developments. No student of the staple will for a mdnr“* question the assertion that the cron suffered severely by reason of weeks deluging rains and the frequent recurrence of low temperatures, but It la hardly possi ble that the talent as a whole, accustomed its the average operator H * exaggeration, la .sufficient grasp slid promptly admit nesa of a moat peculiar situation."—Hay ward, Vick & Clark. ATLANTA MARKETS. KRU1X- AND PRODUCE. — EGGR-Arllre, 17HC13C. LIVE POULTRY— lien,, netire, 40e .acta", chicken* incur*. 15B35c cach; duck*, l'ckln, 30c each; puddle 25c each; Keene, full feathered, 40c each; turkey,, dull livtc Edited by Joseph B. Lively Mr. Lively's twenty-firs years* experience of ed iting markets In Atlanta nod the South ha* made him. a recognised au thority lo bla specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAME OF STOCK. Amalgamated Copper. • • • Atlantic Coast Line American Sugar Itef. . . . • • Anaconda . American Locomotive. . • . do. preferred Am. Smelting lief. ..... do, preferred Atchison do preferred ...... • American Cotton Oil. « . • • Am. Car F*wmdry ...... Baltimore A Ohio Brooklyn Rapid Trau.. • • • Canadian Pacific Chicago and Nortbw'n. • • • Chesapeake A Ohio Colorado Fuel A Iron. • • • Central Leather do. preferred Chicago A Great W. • . . . Chicago. 21., A Bf. P.* • • « Delaware A Hudson.. . Distiller's Securities. . • • • do,‘ preferred 111! 1 • 1 General Electric ...••• Illinois Central Am. Ice Securities Louisville A N.-Mlnilie. . . . Mexican Central - . Missouri Pacific . fetal -to. k -iil- N stmro*. NAME OF STOCK. N. Y., OntI & WI . National Lead. , • Northern Pacific... New York Central. Norfolk & Western. Pennsylvania. . . . People's Gas. . . . Pressed Steel Car. do. preferred. •. Pacific Mail. • • Heading. Republic , . ^.Je Steal. . Uo«*k Island. . . . do. preferred. Southerq Pacific. Southern Hallway. . . . do. preferred. . . . Stoss.Sheffield. . . • . Term. Coal A Iron. . . Texas a Pacific Union Pacific. . . . . . United States Steel. • • do. preferred. Western Union. .' • . '. Wabash do. preferred . . ., Wisconsin Central . .. do, preferred , Ex-Dfv. 1$4 per cent. •»Kx«DIt. 2% por cent. "32% § ’1 ! NEW YORK. May June.. , , . July;. . • . Aug.. . • . Sept Oct. Nov.. . . .. Dec. . . . . Jnn. B1 WmSM 11 <...11 ir. 11 > JJ.'-- ii..** 11.77 j 12.03 11.87 11.87 21.93il2.il 12.04 12.21 33 11 A" 11 41 I 1 '. 11.66- 57 11.66- 68 11.68-67 Closed steady. [Lb i: 11.16-17 11.23 11.26-26 11.32-33 ILti K 11.60-61 11.66 11.76-77 LIVERPOOL. iitti: Futures opened firm, Opening Range May :.. 8.90 -6.! Mny-June.... 6.89%-6.i .Iiine-July.... 6.79 -6.' Previous Range. 2 p. m. Close. Close. “ '— 6<g4 Oct.-Nov.. Nor.-Dec. Dec.-Jan..... Jan.-Feb.... 6.60 -6.- Feb.-Mar.... 6.50 dl.5P Closed fairly steady. NEW ORLEANS. June.. . V. July.. . Aug.. . . . Kept oct Nor Dee Jnn. Closed .lead)'. 12.47112.20(12.371 12.50 112.45 12.78-80 12.60-1 12.54 1145 12.55 12.45 10.35-391127-21 NOTES ON GRAIN. Poiutcr8 on Provisions. lmliRSKD l’Ot’I.TRY—Turkey., undrawn,I netlve 14'ul> pound; fries, active, 254230c 'TSioWrofc-LrFlOBile pound; bams nc-l five 15c pmind; shoulder, nrtlve inane nonnd; sides netlve lie pound; butter setlrt 20G22HC pound; beeswnx active, 25e pound; honey, hrlfht. setlve lOcjtoand; bnney. In r &8 i-pomid blocks, netlve 121Ae puuml; ,,c,, "J KUl'lTK-l-eunms, foney Uessena, {5.25: hananss, per bunch, culla, active $1.00; Ills clock, owtui to else aifl mndltlun ■m vrlvnl, per Tie*, I4B4.50. Horlda hen- ley pcachea IW* per crate. Orapa frnlt. Florida stock, owln* to sin sod color, per Imx. 15.00: limes. Florlds stock, iper 100 51.60; pesnuts. In sacks sveraglnf llOO pounds eseb. owlof to grade, per pound: 614&7Hc; dried apple;. 7C8Vic: dried neachea, lll*e: prunes. Wife cantaloupe,! feoo crate. Mrawberrlea, ipQl&c. VE0ETABI.K8—Yellow squash, 51.K8100; whits aqoaah 5101.50 crate; cabbage, crate, lc lb.; tomatoes active, 1150; putative, ■aw, >464.50 barrel; onions, Ismlslsns. [1.76 per bushel; Kityntlnu. 4c pound; oldi Irish potatoes sctlvs ll.15OI.20 bushel; cel ery. foney. 52.500125 crate; peppers active. 52-50 crate; okra, six baskets, smsIL *4.00; icrate; lettuce, headel. aetbre. J2.WO3.0O per crata; kraut, half barrel. Ill*; bnna. round green. 12.00 crate; wax. ll.Wfl.60 ctate; at- paragus. t5U?V 2-pound bunches; Engllsbl pens, 31.75 crate; encumbers, 5100 crate; Wets, poo crate New potatoes 11.50 per b«.b,,;No.l.l.25 o ge E r f bU E .be,. , RICE—Jap 6f»6%c; head 6«7cj fancy head 6%fl7. according to the grado. CIlkKHE—Fancy full cream dairy 27Hc{ 36c gallon: Georala cane 86c gallon; aalt. 100-pound, 60c; axle grcaae 81.75; aoda crack- era 6%c pound; lemon 7c; oyster 7c; bar rel candy, per pound, 6%c; mixed, per up-grade, with prices higher and firmly held. The demand, although active, la not •• brisk aa It waa when the week opened, •a the higher prices and the constantly advancing market baa createil a cautious feeling on the part of buyers. This applies, however, more particularly to the buyer* who have covered future requirements to some extent, as manufacture™ who have not aa yet placed orders to any extent are lu the market endeavoring to cover their future requirements, even at the high prices which aellern are demanding. The demand haa been distributed fairly equally on weaving aud knitting yarns The orders placed Include low as well aa high counts, aud the deliveries range from prac tically spot shipments to May and June of next year. Certain cotton ram agents are claimed to be holding ont for price* which are altogether absurd, and buyers sre refus ing positively to meet these extreme prices, the other hand. me nrl vhlch Ing met freely, and the amonnt of-yarn con tracted for since the wek opened has been quite large. Houthern spinners are now re ported to be well sold aheml and to have their plants In a very Independent position. This Is shown by the manner in which prices have stiffened up on Southern yams, and the fact that on the long distant, deliv eries the prices demanded are extremely high. Print Cloths Are Active. On forward contract print doth* sold actively yesterday, ami cotton goods,brok ers declared at the runrlnalon of liualtiesa that on the advance on narrow odds they had sold more goo«hi than at the lower val uations on the earlier days of the week. On spots W and 63x72* moved at 8 to 8 l-16r L. H. Fairchild. Established 1885. S. J. Whll L. H. FAIRCHILD & COMPANY, NEW ORLEANS. Members: K Cottos F.vrhssf*. New York Co*ee BxrkSBa*. ill }°Ti. Kxcb.n*., New Orleans Bosr.1 of Trail*. *** Onesss Stock Exchuoge. CbUngo Bosnl .if Trade. . LIVERPOOL COTTON ASSOCIATION. ^ . . „ I, V* w if** *• NEW YOBK srnj CHICAGO. Orders sollclteil for fntore dear- 51.15; fnwr. I *»W tlKHTS Lxcbssees a C. COTHRAN. Fouods. JLS. The Chicago Itecord-IIerald: Indications are that the May deal In oata will pass our quietly without pyrotechnics. The big advance In all months caused by the tfeexes, green bugs and drought scare* of the last few weeks have made It more profitable for the large owners of the property to unload It than to take risks In forcing ou arbitrary high range of prfccs. Even September delivery oata closed yesterday at a higher price than the former big Fatten holding bad averaged, ratten'* brokers have been selling distant deliveries of oata—July and September— for two days. I»ellveriet are constantly be ing made by belated aborts In May oata. revision ware houses declared, regular for storage of product deliverable on board of .trade contracts for a. year from July 1 next were II. Boors A Co., Brennan rack ing Company, Omaha Packing Company, Continental Hacking Company, Roberta A Onkc, BCliworrfacblld A Sulaberger Com pany. North American Provision Company, Hately. Brothers, Illinois Cold Storage Com pany, Stock Yards Ware House Company. Boyd, Luubnui A Co., G. II. Hammond Company, Anglo-American Provision Com pany and Friedman Manufacturing Com- '•Uverybody la talking grain and cotton In New York.'* said It. W. McKinnon, of Logan A Bryan, who returned from the East Tuesday. - "The East failed to get In on the wheat bulge until,the market had gone well Into the Ms. Nobody la at tempting now to do any business In stocks. Pennsylvania Is showing a great deal of Interest In grains That atate recently tmsa- ed a very stringent bucket ahop law*" "We are getting closer to an export-basis on- flour." anld D. A. Eckhart, of the Eck- hart A Swan Milling Company. "We have bad quite a numl»er of bids for patents that are not far away from the market. If wheat should sell off another cent I have no doubt there would be some export bust- nets done In flour." At Tuesday'* low point for July wheat there waa a decline of 6%c per bushel from the high point of the preceding dny— S I.03%. Buch a wide range in twenty-four ours would have been looked upon ns sen sational If it had come at any time previous to three week* ago, but It waa taken aa a most matter of fact proceeding reatenlay. Bradstreet'a report of the, world’* avalln- * *— following change* WHEAT WHS LOWER III EARLY SESSION Later Recovered the Decline ' on- Commission House Buying. for toils, follow rrovlou, Open. Hlfh. Low. Closv. Uosv < WI1EAT— Ms? July.... ,8 W.7.7 ,00$ CORN- Muy SS::;: SS Dec.... 61 OATH— May.... 47% July.... 49 —Dec res* 19(17. !»-. 4,255,500 3.273,000 2,000.000 -200, C- 5,255,000 3,072,000 WHEAT— Bust of Horklrs ,, Europe ami afloat Totals .... Corn lists •Increase. A, 1st, Liverpool cslil* salil: "General rains have fallen In the district* of Kher- seu end NIcolslelT, Hussls. which have nmeh iM'neflti'il the outlook for the crops. The wenlher In Oilesss Is overcast. If. V. Jones estimates the Nebraska wheat crop nt sltnut three-fourths and Kansas st about one-half crop on present conditions. Nlrolet's latest Kansas estimate Is 66,000,- OOO bushels with no further netbacks. Hovt wires from IterrtnKton, Kana.: "Around Ilntehlnson. McPherson and her* tuifh In plenty. With heavy ralna wheat might mnke s half crop. Osta all gone." r ||. Pierce, the well-known local cash wheat mnn. was In Rt. Louts yesterday. He reported that the millers there did not nppear to have much wheat on bnmj. and that flour stocks were decreasing rapidly. ■ pound. 6V4e: tomotoes. 2-ponnd. 11.90 esse; i-pound. 12-'-); navy benns, 12.40- Uma beans 6c; heat matches, per gross, 21.55; macaroni, IV4«7c pound; sordines, mustard, 5126 case; *Tu"lAlt—'ntnndnrd granulated. 5(4c; New York reflnetl. 4«,c; plantation, 6c. COFFEE-Bonste.1 Arhuckles 216; bulk In lisitt and barrels I2c; green llOUc., . Shredded biscuit IS case; No. I rolled oats 13.25 case; rack grits. 90-pound bags,.11.55: oysters, full weight. 12 esse; light Weight 11.10 case: evaporated apples 7Hc pound; pepper 15c pound: bnhlng Powder g can; ni salmon b esse; pink salmon 1125 case; cocoa 40c; chocolate 22c; snug, 1 -pound Jars. 45c; roast beef 12,50 case; corned beef $2.6; rase; cstsup 11.90 case; sirup. New Or leans, *c gallon; corn 20c gallon; Cuba imtaan, II.2505.M case; iwanuta. Ic; rope, 4-ply cotton- 18e; soap, SL50g4 case. PROVISIONS. PROVIRIONR-Rupreme hams, 10.20; |>el- llcs. svtw pounds average mt hacks. t»): Supreme lard. 1014; Partly eompound. *$5: Calpornla hams, 14c; dry lit extra riba, 5.5214. FLOUR AND GRAIN. FI/irn-Hlghest patent. R.56: heat pat- rat. 85.40; stands.d patent. K76; half pat ent. 14.50; spring wheat latent W. COIIN—K'o. 2 white, lie; choice white. »Ic; white feed. 7»c; No. 2 yellow. 1*; mixed. 75c; cracked men. per huehel, 75c; hulls, $13. CHICKEN FEED-FIfty-oouud sack, »c; Partus chick feed, 82.00; Victor feed, 31.S; OATH—No-’f^blte. 50c; No. 2 mixed, 0c; olden oata. He; white clipped, tic. 21KAL—Plata, per K-t>onnd rack*. Tic; 43- pouud sicks. 73c; plain. 20 poond racks, 77c; prairie 31.00; Bermmla. 11.10. 8HOBT8—Choice white 31.45; Texas whits $1.35: raucy. P)-poand, $L4j; brown, LtuiM Chicago, May 31.—Wheat closed 5i@lc higher for the day, corn 114c off to 149%c better, oata MOlHc better aud prorlalona 10 615c higher. The bullish helps In wheat came largely from acrora the water. E. W. Knlb, of Slaughter A Co., who Is now In France, ca bles that France It likely to be an lmpurvt of wheat. The outsider bought wheat on the dips, and he was a seller on the bard spots. A better demand was -reported for wheat for export. There waa a good trade In corn aud a big trade In oats. Provisions were quiet, save lard, and that was quite active. Clearances of breadstuffs for the week 2,4t0,000 bushels, against 3.684,000 last l and 2,627.000 bushels a rear ago. Corn clearancei 8*4.000 bushels, a week ego 1,660,000 bushels and a year ago 615, 000 bushels. WEATHER REPORT. WEATHER CONDITIONS A storm of considerable energy la centered over Arkansas this morning and It causing general heavy rains lu the lower half of the Mississippi valley and over the eastern half of the cotton licit. Until waa falling this morning at station! In Tennessee. North Carolina aud at New Orleans, Mobile and Fort Worth. The rains were accompanied by thunder storms at New Orleans. Mobile, Birmingham, Pales tine ami Taylor. Tex. The temperature has risen over the great er portion of the south, while cooler weath er prevails In the west slid northwest. The present outlook favors showers' In this section tonight, followed by clearing nud slightly cooler weather Ratnrdny. COTTON REGION BULLETIN. CHICAGO GRAIN MARKET. July.. 16.47% 16.60 Sort.. 16.60 16.75 LA RO Ms jr .... July... 9.30 9.35 May July... 6.8754 Dept... 8.06 LIVERPOOL GRAIN, Wheat opened steady 148*4 higher, and nt 1:30 p. ni.* unchanged to 74 higher. Closed 54854 higher. Corn opened 54854 higher, and nt 1:34 p. in. 54854 higher. Closed unchanged to 54 higher. / NAVAL 8TORE8. Special to The Georgian. Savannah, Mar 31.—Turpentine Arm at 59 86954; rales 1.645; receipts 8*1 llosln steady; rales 209; receipts 1.969; window glass 86: water white 15.15; M 55.90; N 55.86; K 55.80; I 35.40; H 36.10; U 34.90; F 34.85; E $4.65; b 34.45; C B 34.15. THE SUGAR MARKET. New York. May 31.—local refined and raw sugar markets steady and unchanged. Lon don beet steady; May and June 10* for THE METAL MARKET. New York, Mny II.—At the metal ex change today trading continued extremely dull, although there waa a tinner teudetiev shown In tin. which was up >4c for spot THE LIVE STOCK MARKET. Chicago, May 31.—Hogs—neeelpta HOW. Market 5r higher: light 36.2V60.40; mixed 36.156*40; heavy bl&ASZH: rough 36.90# *10; pigs *5.808*35; yorfer. 1*K6*40; rami to choice heavy 35.206*3254. Cattle—Receipts 3.099. Market Stronger: ■ceres 34.506*55; rows 31.551)6.53: belfeni l4.7585.50; reives 3387.25; good prime steers 0.238*30; poor to medium 14.6085.59; stork- era and feeders 13.4686.15. Sheep-Receipts 5.000, Slnrket steady; un live 84.058*35; western |4.2S«*40; rear logs 9*1087; lambs 36.2588; western 1*5587.91. D1STRIC •Atlnnte, cloudy. . . . •(.'hattanoogn, cloudy. Columbua, cloudy. . . Galnaarllle, cloudy; *. Greatirllle, rain. . . Griffin, cloqdy., ? , . •Macon, cloudy. . . . Montlcello, cloudy.. . Nefirimn, cloudy. . . . Romo, cloudy, j, . . Hniirtanhurg. rain. . . Tall!i>oosa, cloudy.. . Toccos, cloudy. . . ... West Point* cloudy. . Max.* Min. 74 IT til 3ng •Minimum temperature for <he 12-hour pe- rlod ending 9 a. m. this date. HEAVY RAINFALLS. Rome. Go.. 2.14;»Amlte, La., 3.64: Brook- haven, Ml..,, 1.64; Hinton, La., 246; Baton Rouge, Lu.; 2.84; Donnldsonvllle, Fla;, 8.10; Franklin, La.; 3.32; Jennings, I.n., 2.40; Charles. La., 2.17; Onelouua, Ln.. 210 Rehrlever. Lu., Ill; Blarkvllle, 8. t ! .. 1.60 Waynesboro, tin., *40: Wharton. Tex.. 4.20 Waynesboro, Miss., 2,10; Purls. Tex., 2,39. DISTRICT AVBRAOK8. CENTRAL STATION. Atlantn. Augusta. . . . Charleston. . . Galveston. . . Little Itoek) . Memphis. . . . Mobile Montgomery. . New Orleans.. Oklahoma. . . Rsrannah. . . Vicksburg. . . Wilmington. ■ 8 Ya2 in T. Indicates Inappreciable ralutilL *Fot ^r^diar^.^ 0 " enm " 41 •• Remarks. Temneraturca are slightly higher than yesterday. Itatn has fallen at all stations, with heavy precipitation throughout Lonlsl- nun nnd parts or Texas nnd Mississippi. Section Director. WEATHER FORECAST. Arkansas—Rhowera and colder. Oklahoma and ludluu Territory—Partly loudy. East Texas. North—I’artly cloudy; proba bly showers; Saturday partly cloudy. East Texas, Rotith. and West Texas, North—Partly elomly ami colder. • West Texas. Routh—Generally fair. WEATHER IN COTTON BELT. Texas—Fort Worth, elondy amt threnteu- »g. rained Mat night: Branham, elenr and not: Temple, elenr. hard rain last night: Houston, pnrtly elouily unit pleasant: Tay lor. portly cloudy and cool, rained last night; Kan Antonio, elear and eon); Galves ton and Austin, elear; Warn, elear. hard rain Mat night; Dallas, cloudy nnd threat ening. Mississippi—Tupelo, cloudy aud'plcnrant, hard rain yesterday and last night; Lexing ton. partly cloudy and warm; Haxlchursi and Jackson, cloudy snd threatening, rain oiifl blah wind last night; Greenwood and )*<■*, City, portly elomly and threatening; 1 lekabnrg. .Nateheg and Greenville, elnudy • n.1 Ihe.ra3.nlrt.. It.a4.ll.. HoUlljT Sill] lay and last Inhamn — Huntsville, raining, rained all night: Horenre, elomly and threatening. V nearly all night; S'elmn. cloudy. . ra yesterday; Mobile, rained r" ulght. > ■ 1 tmuDInun—Shreveport, pnrtly rlnwly and pleasant; Mrnr.»-, elomly aud threatening; TIPS FLASHED From Wall Street lly firm above purity. Bank of K rate unchanged. • Rending In strong on a most remnrkn* hie showing mode by the company for April. The surplus of 11,500,000 la a record nnd May will probably duplicate these remarks ble returns. Pennsylvania will probably show an equal ly good return, and Erie'should also make a respectable return. « The president’s speech Is regarded ns more conservative In toue than any M the previous ones on the railroad question. Crops nre doing better In the Southwest, and there Is uo anxiety on account of gold exports, as money Is ln good supply. The stock market expected to show sus tained Improvement. The New York Financial Bureau: Smelt- Ing is reported well supported toward 112. St. Paul 122, Great Northern preferred 123, Northeffn Pacific 120, Reading 96, Southern Pacific 74, Union Pacific 132, with present tendency rallying. Good buying will be found.In these on recessions. Amalgamated Is held between 81 And 87 at present, with Information fa vorable to purchases when weak. Most other actives are In a trading range, with out initiative, but they should be bought ou breaks. Dally tending should not ueglect fair returns. Town Toplca: : In the erent of further strength today, wo advise taking profits nud wafting for a good reactfou before buying Roosevelt's Indlafaapolls remaMcs will scarcely result In any public buying of Im portance, and aggressive aupport by the banking Interests will also be lacking', ns they are so fully occupied with-their syn dicate operations, including some yet to be announced. There nre plenty of stocks bought recently for support that will be coming-on the market to give the stronger element In the beak party renewed courage to probe for the weak spot* In the list. We look tor the market to back and fill, and consequently recommend extreme caution-In buying securities, even though they may be decidedly cheap at the goiug prices. More gold will be taken for export. Southern. Railway, stocks, New York Cen tral, Delaware nnd Hudson, niter Its mate rial rally; Canadian Pacific and other prominent railroad Issues will sell lower. Tnke profits on further, bulges In cotton, and do not buy wheat except In case of a further marked decline. THE COFFEE MARKET. New York, May 31.—Following are coffee cables: Havre, 10 a. m.— Market steady, nnd un changed; soles, 10,000. Hamburg. 10 a. iu.—Market unchanged; sales, 18.000. Rio. receipts. 8,009. Bantoa receipts. 81.000. Bao Paulo receipts, 39.000. Jundfnhy receipts, 12.000. The following figures give the opening range nnd close or the A’ew York coffee market today: PRICES OF STOCKS HIGHERJT START Gains Shown From Frac- tions to Over One Per Cent. TEADE WAS MODERATE Northern Pacific and Read ing Were Strongest in Early Trading New York. May 31.—Prices of stocks lu London rose generally ol“r ?h! holiday, nml there was a thnru n.lv.Ii at the local opening. The rise* wui,.™' tlnued for the Bret tuuiri on n fair \nu,~l of hu.luera, but thereafter the nioveuSJ heroine Irregular, nnd It-was a uu»i£ whether ns much stock waa not heln" i",? out by Interest* who were supporting thl market at the outset of the week as* being nought lu the course of operation* for the rise. N«w York, May Sl.-General gains wer# recorded at the opening of tbe market ranging from small fractions to l point in Northern Pacific and 1% In Reading thl latter subsequently Increasing Its adviinc* to 1% points. Kt. Paul rose fi. LnloJ Pacific wns up % nnd Southern Pacific K In the Industrials. Car and Foundry strongest, rising 1% ou rumors of a dividend lucreuse. ^ " MINING STOCKS* Boston, May 31.—Opening stocks: Greens Cannfiea 14%, NortE Butte 82*. ComS Range 79%. Old Dominion 48%, Granby ffil/ THE LONDON STOCK MARKET. STOCKS- |Op 0 2 pm'CIoi January .. February March .. . April Mny June July August September October November December .. .. .. .. Bales 12,758 bags. Opening Itn nee. .,5.25-5.30 ..5.25-5.35 ..5,35-5.40 Close. 5.25- 5.35 5.30-5.35 6.35-5.40 6.35- 5.40 5.35- 5.40 5.40-5.45 5.30 5.35 6.25- 6.30 5.25- 5.80 5.25- 5.30 5.25-5.30 5.25-5.30 MONTHLY STATEMENT ATLANTA CLEARING HOU8E (Darwin G. Jones, Manager.) Clearings Friday * $620,296.60 Same day Inat year 614.767.73 Increase. 5.438.&8 Clearings month of May^ 120.825.244.76 Baine month last year 19,012.075.24 Incrense. * 1,813,109.52 COTTON 8EED OIL. Following is glveu the opening and closing of tbe New York- cotton sed oil market: . Opening. Closing. Mny. ....••••• 58 $68% July. 58 $58% 58 66! September. . . • • . • 68 658% 58%fi60 October. . . . . . . • 54%656 58%eS9V2 November 46\^i7 47*i^V *7‘; December. ...... 43 $43% 43%$44 Cloned steady. Lake Charles, partly cloudy: New Orleans, rAlulng, rained bard all night; Alexandria, elondy and threatening; Opelousas, cloudy and threatening, rained all yesterday even ing. ra- COTTON BELT FLOOD NEW8. „ Lake Charles, La., May 31.—Worst over flow in Cameron parish ever knowu, with stock drowning, crops ruined, families driv en from homes and sulphur mines lnun- terday morning. Houston, Tex., Mny 81.—Two huudrad house* are reported under water. No great damage reported. Railroads In bad shape, and erona greatly damaged by the floods. The rnlnfaU In Houston nud vlcln- ty for twenty-four hour* ending nt 7 p. m. baa lw»en 4% .Inches, to which can be added an Inch during Wednesday. Beaumont. Tex., March ft.-The heaviest rain In history began, falling laat night and continued today. The city Is flooded with water, and In some section* Is from 1 to 4 feet deep. The Southern Pacific tracks nre washed out 30 miles west of hew. Anaconda .. .. •• .. .. ., Atchison *.. .. do, preferred .. .. .. .. Baltimore and Ohio .. ... Chesapeake nnd Ohio .. .. Chicago and Great Western Canadian Pacific Erie do, preferred Illinois Central Kansas nnd Texas .. .... do. preferred Louisville and Nashville .. Mexican Central preferred , Norfolk nnd Western .. .. New York Central Ontario and Westeru .... Pennsylvania Philadelphia and Readtug Itoek Island Southern Railway do. preferred Southern Pacific St. Panl Union Pacific .. .. .. .. .. United States Btee! do, preferred; Wabnsfi. preferred !&||E wH 136 136(5 8c::: Where Hummel’. Eys, Wera. "All." Hummel wns n flrst nlnhtcr. Inskeil In tile Unlit of the "Orest Whits IVny," Every one knew him by sleht. HU five feet one Inch of height, his well-flttlss evenlnx attire, with an enormous ahtnln* bald bend nnd blue protrudhut eyes ahorr, marked him ont from among the diners Is a reataurant or a crowd lo a tbenter lobbr. —New York Evening Poet. the rlllngea In acme parts, of Switzerland l» Wild deer nnd cbawnla bnve been enterlw I a atarrlng . state In search • of hay. Tb« | peasants SaT. walked up to the fmnlsbrd deer and chamois, lifted them into iledjrf and taken them home; They do some thlnre better In Mexico. Tb« manager of a bull fight In Monterey i tlseil that a certain number of halls ■ Iw In the ring. For producing one hull leu than the announced number the mnn wxi flned 3200 by the municipal authorities. ( An effort la being made In Mleiourl to oh I Ut'^rTrn ■hones dcmomlcd by the counties for bridgt f building and other Improvements. The women mneael gatherer* of Frxnc. weer trousers and high groteaqua worn with a *it{MRthi3 wshh and a sailcloth apron, which la douhM op to keep It out of the water. They etrrf also wooden randnla of a wide uml corloo) pattern, whleh arc Intended to give th*J P firmer footing on iblftlug sands. BANK CLOSING NOTICE. Monday. June 3, “Jefferson Devi* birthday,’’ in a legal Holiday. Beaki compoafng tha Atlanta Clearing Hou Association will be closed for on that day. Paper maturmg Sunasr, Juno 2, la due and payable Saturday, as usual. Paper maturing Woodsy.. June 3, it due and payable Tuesday, | JUn ° DARWIN G. JONES. Mansg«r. ASA G. CANDLER, President. „ „ FRANK HAWKINS, President. „ ... H. M. ATKINSON. Vice-President. THOMAS C. ERWIN, Ceehler. JOSEPH A. M'COltD, Vice-President. IL W. BYEltS. AraltUnt Coshler. Third National Bank Capital .... $200,000.00 Surplus and Profits $400,000.00 nn. A. W. CALHOUN, MILTON DARGAN, JOHN W. GRANT, II. Y. M'CORD, FRANK HAWKINS, II. M. ATKINSON, JOSEPH A. M'CORD, J. II. NCNNAI.LT J. CARROLL PAINE. E. D. ROSSER. „ DAVID WOODWARD. HAYWARD, VICK & CLARK, COTTON, STOCKS, BONDS, COFFEE, GRAIN AND PROVISIONH Carcndelet and Gravler Stg* Now Orleana. MEMBER8: New Orleans Cotton Exchnaga. New York Co’.tcn Exrhtnge. Gelrestaa Cotloa Exchange. . , Uouaten Cuttoa Exchange. I Aeseclet. Mnnten Ltrerpoal Cottes Acs'* I v!Z R t }* aat F ? t ?ra. Drokere- AraecUUa* New y»?c.ff^ asEF* 3 •"*'* . _ _. _,^Voek and Chicago Correspondents. <*■•> RACHE & CO, AND BARTLETT, FRAZIER A CARRINGTON. PRIVATE WIRES TO ALL POINTS. "'"»*•"• New York. Boston. Chicago. Washington. Philadelphia | Baltimore, Atlanta. New Orleans. San Francisco. London. Ths Americah Audit Company; 100 Broadway, New York City. , F. W. LAFRENTZ, C. P. A, Pres. G. E. MANWARING, Vice P«* | THEO COCHEU, JR, Secretary. The American Audit Company, chartered under the laws of New Ton. I If empowered to examine the affairs of, and mako report# upon the “““I clal condition of private and public concerns for director*, officers ana ■ dlvlduals. The preparation and Installing of systems a specialty- I ATLANTA BRANCH. 10131016-1017-1013 FVURTII NAT’L BANK BUXJ.J C. B. BIDWELL, Resident Manager. Telephone, Main 872. Cable Address, Amdlt, New York,| ALONZO RICHARDSON & CO, PUBLIC ACCOUNTANTS AND AUDITORS £fliptr« Building. Bell Phone, Main 85X ATLANTA. GEORGIA.