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