Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, May 31, 1907, Image 12
12
THE ATLANTA GEOUCTTAN AND NEWS.
Fill DAT, MAY a, iW7.
FUTURES AT START
SHARPLY BETTER
New York Fell Into Line
and Crossed the Twelve
Cent Mark.
CROP ADVICESGLOOMY
Improvement Predicted in
Western Belt—More Rain
Forecasted East.
NeiF York, May 31.—There wa« consider
able excitement at the opening of the lo
cal cotton market. First |»rlcca were
cable* and unfavorable weather In
Routh were the Influence*. At the adrance
there was a great deal of reaUstug.
Liverpool waa strong Friday morning, ad*
vanring sharply In the early dealing*. The
adrance Induced liquidation nnd moat of
the early Improvement wa* lost In the early
NEWS AND GOSSIP
of the Fleecy Staple.
Special to The Georgian.
(From II ay word, Vick A Clark.)
-— May 31. * *'• *
New York, a»«jr -•*,—#. n. imue m vt».i
On New York close of Wednesday Liverpool
waa due to come % -to 9 higher, and It open
ed this morning steady at 6 advance on
near and 8 advance,on late months, aa com
S ared with yesterday*. At 12:15 p. w., to
ay Liverpool waa steady at a net advance
of 234 to 364 points, as compared with the
close of WtKlneaday. Snots In moderate
demand at 3 points advance, compared
with Wednesday, on basis of 7.40 for Ameri
can middling; sales *,700, American <,600:
K. Bacbe A Co.
Including 16,000 American. Tender* new
docket, 4,000.
Brokers are calling for a margin of |S a
lines over the
The extended rains during the past few
days have developed floods everywhere In
the bolt. Violent adrauces In Liverpool,
due to manipulation and coverlug of aborts.
It came out Juat as we foretold Wednesday.
Those who bought any time Wednesday
and held over longs have reason to congrat
ulate themselves this morning. Would ad
vise taking profits .this morning on the
bulges, for opportunities will be avsllable
In the near future to got In again on de
clines. This Is a bull market, and no mis
take. Take advantage of all dips to get
_Jaw York Commercial r "It-looks aa If
the spot man who gets* bold of all the sta
ple cotton he can early In the season
going to make money. There seems to be
no reaeon to believe that the new crop da
going to be anything except another How-
grade crop."
Miss'Giles estimates condition at 62.4.
Following are 11 a. ra. bids; , July 11.43,
than
while all the advance .
lost, they closing 4 to 1 point lowc
Thursday's finals.
The following la the range fn the active
months In Liverpool today
Opeu.
....6.60
.8.894
flirt.
6.54
6.91
6.7S
I-ow.
6.41
IT
6.47
-Novemtier ....6.67
Spots were In moderate demand at 11
olntS) advance to 7.40 for middling; sales,
points, nd
I,Ort) bnjoi
tlgher. Flue
range with the tendency at nil time* up-
ward, nnd during the morning session Jan
uary and March crossed the 12c mark.
The close wns steady 3034 points higher
than the dosing of Inst Wednesday.
Movement Into sight
I 1907.
1906.
.1906.
Overland, week...
Bine* Sept. 1
Into alglit. wrek..
Blnof* B«»pt. 1
B’nuthsrn cons'll...
14.168
1,146,4*i*»
88,239
13,017.306
41.000
11.849
926.629
116.450
10,671.688
39.000
7.120
1,0)6,849
,7,3§:S
31.000
Comparative receipts at ail tf. H. ports:
Net receipts today, Friday, May 31.. 7,787
Bnrae day laat year.
Decrease
I otal receipts for the week..
ame days last year
Decrease
Total recelpta alnee Sept. 1..
Same time last year
13.287
5.600
63.384
76.742
23.356
....9,629,926
....7.496.244
Increase . 2,143,682
Estimated receipts* Baturdsj^
New Orleans 600 to 800 1,092
Galraaton 600 to 1,000 2.807
Ildattnn 200 to 300 1,276
Movement nt Atlanta:
Receipts Friday, May 31 None
flame day last year i 162
Decrease
Shipments Friday, May SI... None
Same day last year;.... ; 302
Decrease 302
Stock on band today, May 31 6.720
6ame day last year 4.499
Increase .: 1.‘ ‘
ruuuwiiii n117 it ■, iu. mill, » «ui;
September 11.52, October 11.71* Janoarr ll.94.
New Orleans. May 31.—Hayward, Vick A
Clark: Market doubtful. IBooks as If en
terprise Is checked and more liquidation
coming. ,
Official forecast for western belt aa ex
nected. Clearing-weather la Indicated for
Texas.« Tbla will cause more realising.
Liverpool cablet: '"Market feels Influence
of worst weather and crop accounts on rec
ord.
very
Mil'*
We may have a'reaction at»any .time.
** r on tha weatherr, but damage Jr
loua apparently and outlook crltl
ttar
figure*. Would not sell at this depl
but wait until It relKMinds.
Storm Warning—Southwest storm warn
ing, 10:30 o'clock, at Mobile, Pensacola, Ap
alachicola, Carrabclle, Cedar Keys, Uuoriel-
Ion Tanya. Disturbance over weat gulf.
near northeast, may cause dangerous squall
this afternoon or tonight on Florida coast.
New York wire soya bears are depressing
cotton to buy on. Realising stopped here
people buying now.
New Orleans. May 31.—The Tltnes Demo
crat saya: "With New York dosed, Liver
pool frightened, a blank weather map and n
stressing almost beyond belief, exerted
a very powerful Influence on the local mar
ket arid values advanced by leans and
hound* despite heavy liquidation nml profit-
taking.
"Texas. Louisiana and Arkansas renor
further li^nvy mins ovor night and foil.
Ing the weather advices came the most pea-
Edited by
Joseph B. Lively
MARKETS
Mr. Lively** twenty-flrs
years' experience of ed
iting markets In Atlanta
and the South has made
bins a recognised au
thority In his specialty.
RANGE OF REW YORK STOCKS AND COTTON MARKETS
NAME OF STOOL
Amalgamated Copper. .
American Locomotive.
do, preferred . • ..
Am. Smelting lief. • •
do, preferred • • ••
Atchison
do, preferred . . ..
American Cotton Oil. .
Am. Car Foundry • ..
Baltimore A Ohio ,
Che-
Colorado L
Central Leather . . ..
_ do, preferred . . ..
Chicago * Great W. .
Chicago, M., A 8t. P. (
Delaware A Hudson. ,
Distiller's Securities. ,
Krl.*
_ do, preferred •
General Electric ,
Illinois Central .
Loulsvll
Mexican Central
iH-r -
dlBsourl P.rlflc .
Total .lock B.I.. ta.000 Bhirpi.
NAME OF STOCK.
N. Y.. Ost. * \V
National Lead.
Northern Pacific. • • •
New York Central. • •
Norfolk A Western. ..
Pennsylvania
People's Gas. .....
Pressed Steel Car. . •
do. preferred. • • •
Pacific Mall.
Republic Steel
Bock Island.
do. preferred. . . .
United State* Robber.
do. preferred. • . .
Southern Pacific. • • .
Southern Hallway.. • •
do. preferred. • . .
Bloaa-Sheffleld. . .
Tenn. Coal A Iron,
S exes A Pacific. .
nlon Pacific.
ljoiuu i-ncioc. . . . . ■
Unlt«d State, Steel. ..
do. preferred. ...
Ve. Cer,Chemle.L . ..
do. preferred. . . .
Weiteru Union. . . . .
IVabash.
do, preferred . . ..
Wisconsin Central . .. ,
do. preferred
♦Ex-DIv. ltt per cent. "Eh-DIt, 2H per pent.
I
W ,
1! i
V:
NEW YORK.
turea In New York today:
LIVERPOOL.
The fotlowlng figures give the opening
range and close, compared with yesterday:
Futures opened firm.
Opening Prevtout
Range. 2 p. m. Close. Clone,
May 6.90 3.89’'
May-June.... 6.894-6.88]
June-July.... 6.79
July-Ang.... 6.75
Aug.-Kept.
Sept. -Oct.,
... _.614
Jan.-Feb.... 6.60 % -6.494 .... ....
Feb.-Mar.... 6.50 4.614 6.51 6.42 6.44
Closed fairly steady.
lUlt «.*r
IT IT if
• 57 6.47 ' '
6.5414 6.44
.... 6.47 6.44
6.62 6.41 6.42 '
. • NFW ORLEANS.
The following Is the range In cotton
turee In New Orleane today:
=
fu-
JJ
t
k*
3
11
1
d
Jane L...
July 113
Aug 12.46
Hept 1158
Oct 12.36
Nov
Dec 12.31
Jnn 12.32
ik»
12.84
ISM
12.48
1144
1147
1160
1146
12.6S
12.20
12.46
1120
12.60 11145
12.7911.78-801160-70
11641184 12.45
116812.3 12.45
113 10.3-39 11273
r ... 1116-17 1126-27
11312.34-3612.24
1137 12.37-3 1126-27
Cloaed eteady.
NOTES ON GRAIN.
Pointers on Provision*.
tie crop reports yet received tbla sea-
Itut the temptation to take profits
wns great nnd eventually the fall months
were sold off some 15 points from the day’s
high level. Values are now so high when
compared with previous records nt the
to stand aside and await development*. No
student of the staple will-for u moment
question the assertion that the cron has
*“ **“ “ “'eeks of
suffered severely by reason of weel
SPOT COTTON MARKET.
Liverpool, firm; middling uplands 7.40.
Atlanta, steady; middling 12%.
New York, steady; middling 12.90.
— 124.
‘ ,‘New Orleans, firm: "middling ~i
Galvrfton, ftrtn; middling 12%.
Savannah, firm; middling 12%.
Wilmington, steady; middling 11%.
*■ Norfolk, firm; middling 13)4.
..August*, steady; middling 13V4.
TODAY'S PORT RECEIPT8.
* The following table shows recelpta at the
porta today, compared with the same day
last year:
New Orleans.
Galveston. . .
Mobile
Savannah. . . .
Charleston. . .
Wilmington. ..
Norfolk. . .
L Baltimore, .
- IDIIaH.Ipbl,.
Brunswick. .
INTERIOR RECEIPTS.
. 'Th. follnwln* MM* «hmr« rwrlpt, nt Ih,
Interior town, today, oouinuretl with tbo
raiue d.y lul year;
HAYWARD, VICK A CLARK'S
DAILY COTTON LETTER.
New Orleana, Mn>- B.—Putur,, In I.lrer-
<4 pool, alt bough (onnwhat better thnn tlue.
were much quieter t.«lny. the market .how'
In, a tenileur, to hall. Oj our. el.le niurb
dapemleil ou the artlon of New York, where
profeaabmol abort Int. reeta aro auppoawl to
be on the defen*lve. That market otienwl
• barely aa hl«h aa due ami aeon weakened
sharply. wblrh put a iliHii|*r oa euterurlae
- fenerallj-. Ltrerpoul dropped 8 pointa, aud
the openlni advoneo here of 7 |m|uta waa
lost Id liquidation by lorn;, to aeeure Liroflti
Toreea.t. of rleartnu weather In tha weal-
era half of the belt stimulated the desire
to realise.
Weather conditions during the past 24
; hour* were unfavorable. Rslns were gen-
- eral throughout the belt and heavy at many
; points. Indication* point to clearing but
i CS* r » w ?* ,h *. r .. ln ,h .* weateni half of the
\ belt. Ralna will continue tn the east central
• * n<1 Atlautlcs until Hnuday, as
S th# rain storm Is moving eastward very
wly- The map Monday will present a
■ ■ gloomy aspect. au<l s* business here
1 be suspended on that day and nncer-
taiaty prevails about tbe Iwpreinlon canard
by bureau acreage nnd New York doings,
more long liquidation la probable. A storm
warning for the eastern gulf coast was
posted at 10 a. m. Mis* Giles published a
crop condition figure of 63 4. New York
, Wires »ay big people there are trying to de
press the market to buy ou. Around 12.39
for October our market showed great realst-
New York, May 31.—J. s. Bache A Co.:
The cotton market this morning was boll-
log. Heather conditions over the holidays
were far worse than loeked for. aud the
Liverpool aborts were !u a panic.
made a big jump and tlio demand ws* In
ffetw*- There wee much realizing by the
jubilant balls, who were rushing profits of
* *J? ,f . or i*? ore .Conditions Bouth
continued deplorable, and every Indication
polete to a repetition of the Sully cam
a* rktt -®f 1W4 - Reallxlug
should be tbe older of the day on s.f
J**~'J** Qg «OY*rlng will be probably
* b V* Conditions
Mace May » have been worse than ever
before, so tbe bureau rep4»rt will not re-
cord the actual atata of the crop.
PRICES OF COTTON YARN8
CONTINUE TO ADVANCE
Tha cotton yarn market continues ou the
exaggeration, la sufficiently bold to ful
grasp and promptly admit the real serious
ness of n most peculiar situation."—Hay
ward, Vick A Clark.
ATLANTA MARKETS.
FRUIT AND PRODUCE.
-OTjniP=A?n?Ktolipi
LIVE I’UI'l.TRt^flMi, «ctlr«. 40c M,h;
chickens, active, »CI6c each; duckk. IVkln.
30c each; pnddle 36c each; geese, full
turkeys, dull 124c
DRESHRD POULTRY—Turkey*, undrawn,
active 14015c pound; flies, active, 25090c
id* bene, 14c
pound* hens, 14c pound.
PRODUCE—I^ira 10011c pound; bams
five 16c ponnd: shoulders active lOftUf
pound: sides active 11c pound: butter active
pound; lieeswnx active. 25c pound;
honey, bright, active 10c pound; honey. In
1-pound blocks, active 12$^ pound; white
ushel; stock $1.7502.15 bushel.
■ FRt!|TJB-Lemons, fancy Messona. 15.28:
Ibnnann*. per bunch, rulla, .art|ve >1.00;
stralghtsi
Florida i
stork,
arrival,
color, per Imix, $5.00: lime*. Florida stock,
per 100 >1.50; peanuta, In sacks averaging
100 pounds each, owing to grade, per pound
64<r?4c; dried apples, 7064c; dried
|?74c; drleil apples, 7064c; dried
iHuiches. 114«; prunes, 6074c; cantaloupe,
$3.00 crate. Ntrnwherries, lO015c^
VEGETABLES—Yellow squash. $1.2502.00;
white squNNh $101.60 crate; cabbage, ciato,
— lb.; tomatoes active. $3.60; potatoes.
$404.60 barrel; unions. Loulslam
1.76 per bushel; Egyptian. 4c pound;
rlsh potatoes active $1.1501.20 bushel;
tt. fancy. $2.6003.25 crate; peppers an
. csl*
.... . , active.
$2.50 crate; okra, els baskets, email. $4.00;
crate; lettuce, beaded, active. I2.cxvj3.oo per
crate; kraut, half barrel, $3.75; beans, round
green. $2.00 crate; wax. Jl.2501.60 crate; as-
para run. 16020c 2-pound bunches; English
pens, $1.76 rietr; encumbers. $2.00 crate;
l>eet*. $3.00 cratv*. New potatoes, $1.50 per
bushel; No. ^ Q
RICE—Jsp 6054c; head fancy head
3r*c gallon; urorim cane aoc gnuon; salt,
[00-pound, 60c; axle grease $1.75; soda crack
ers 6V pound; lemon 7c: oyster 7c; bar
rel caudy, per pound, 64c; mixed, per
upgrade, with prices higher nnd firmly
held. The demand, although active, Is not
as brisk a* It wa* when the week opened,
aa the higher prices nnd the constantly
*— *-• - —iona
advancing market baa created a couth
however, more particularly to the
who have covered future requirements to
•ome extent, as manufacturers who hme
not n* yet placed orders to auy extent are
In the mnrket endeavoring to cover their
refiulrementa. even at the high prices
which sellers are demanding.
Th« demand ha* been distributed fairly
orders placet! Include low *s well as high
counts, and tbe deliveries range from prac
tically spot shipments to May aud June of
uext year, t'erfsln eotton yarn agents are
claimed to be holding out fi*r price* which
re altogether absurd, am! buyers are refue
ls positively to meet these extreme prices.
O11 the other ha ml. prices which are
termed reasonable ami yet show an advance
of He slm*e the opening tbe week, are be
ing met freely, and the amount of yarn con
tracted for since the wek opened has l^eon
quite large. Houthern spinners are now re
ported to he well sold ahead nml to have
their plants In a very Independent |X>*lt|on.
This Is shown by the manner In which
prices have stiffened up on Southern yarns,
The Chicago Ilecord-IIerald: Indications
arc that the May deal In oata will pass
our quietly without pyrotechnics. The big
advance In all months caused by the
Deeses, green bugs and drought scares of
the last few weeks have made It more
profitable for the large ownera of the
property to onload It than to take risks
In forcing nu arbitrary high range of
prices. Even September delivery oata
dosed yesterday at a higher pries than the
former big Fatten bolding had averaged.
Batten's brokers have been selling distant
deliveries of oata—July and September—
for two days. Deliveries are constantly be
ing made by belated shorta lu May oata.
Frhvlslon wnre houses declared regular
for storage of product deliverable on board
of trade contracts for a year from July 1
next were II. Boore A Co., ltrenuan Fork
ing Company, Omaha 1'acklng Company,
Continental 1'acklng Company, Roberts A
Oake. flchwartschfld A Bulxberger Com
pany. North American Provision Company,
Hhtely. Brothers, Illinois Cold Storage Com
B iny, Stock Yards War* House Company.
oyd, Lnnbam A Co., G. H. Hammond
Company, Anglo-American Provision Com
pany and Frledjnau Manufacturing Com
Is talking grain and cotton In
•aid ft. W. McKinnon, of
WHEAT WAS LOWER
IN EARLY SESSION
Later Recovered the Decline
on Commission House
Buying.
Chicago, May SI.—'Wheat closed %01c
higher for the day, corn l%c off to H0%c
better, oats 4014c better aud provisions 13
015c higher.
The bullish helps In wheat enroo largely
from across tho water. E. W. Kalb, of
Blnughtcr A Co., who la now In Frauce. ca
bles that Franco Is likely to be an Imporvr
of wheat.
WEATHER REPORT.
WEATHER CONDITIONS.
A storm of considerable energy la centered
over Arkansas this morning and is rauslnr
general heavy ralna lu the lower half oi
the Mississippi ralley and over the eastern
half of the cottou belt.
Haiti waa falling this morning at stations
In Tennessee. North Carolina and at New
Orleans. Mobile aud Fort Worth. The ralna
were accompanied by thunder storms at
New Orleans. Mobile, Birmingham, Pales
tine and Taylor, Tex.
The temperature has risen over the great
er portion of the feoutb. while cooler weatb-
preseut outlook favors showers In
this section tonight, followed by ctearlug
aud slightly cooler weather Saturday.
COTTON REGION BULLETIN.
Ixignn-A ilrynn. who returned from tho
Bast Tuesday.- "The East failed to get In
on tho wheat bulge until the market had
gone well Into tbs 90s. Nobody Is at
tempting now to do any business In stocks.
Pennsylvania la showing a great deal of
Interest In grains. That state recently pass
ed a very stringent bucket shop law.
"We are gettlug closer to an export bnsla
on flour," said B. A. Eckhart. of the Kck-
hnrt A Hwan Milling Company. "We have
•bail quite a number of bids for patents
that aro not far away from the market. If
wheat should sell off another cent 1 have
no doubt there would be tome export busi
ness done In flour."
At Tuesday's low point for July wheat
there was a decline of 54c per bushel
E the high point of the preceding day—
4. Such a wide range In twenty-four
■ would have been looked upon aa aen-
s ago, — — _
a moat matter of fact proceeding yesterday.
“ * *a's avalln
Rradstreot's report of the work,
ble supply shows the following changes
*nrlng tho laat week:
—Decrease—
WHEAT- 1907. 1906.
East of Rockies 4.286.000 3.273,000
Europe and afloat 2,000,000 *200.000
Totals
6,285.000 $.073,000
2,294.000 *915.000
169.000 1, $38,000
good trade lu
)rn nml a big trade In oata.
rrorlalona were quiet, save lard, and that
wns qnlto active.
Clearances of breadatuffs for the week
2.410,000 bushels, against 3.664.000 last week
■ VIl •:
anil 2.627,000 biiiheT, a. rear a«o.
Corn clearances 864.000 bushels, n week
ago 1.669,000 bushels aud a year ago 615,-
0(M bushels.
CHICAGO GRAIN MARKET.
July.7.7 98 * 1004
f2?:.v: mt iB
CORN
May....
July.,..
Wept....
Dec..
OATB-
Mny.... 4774
July,...
k-** 401
May
July.. 16.474 W-60
•Increase.
A late Liverpool cable said: "General
rains have fallen In the districts of Kher-
seu and Nlrolaleff, ltussla, which have
much l»enoflt«Nl the outlook for the crop*.
The weather lu Odessa I* overeaat."
II. V. Jones estimates the Nebraska wheat
crop at about three fourth* and Kansas at
about one-half crop on present conditions.
Nlfolet's latest Kansas estimate Is 65,(00,
000 bushels with no further setbacks.
Hoyt wires from Herrington, Jvana.:
Around Hutchinson. McPherson and here
bugs In plenty. With heavy rains wheat
might make a half crop. Oata all gone."
l\ R. Pierce, the well-known local cash
wheat man, was In Ht. Louis yesterday
lie reported that the millers there did not
flour stocks were decreasing rapidly.
nd. 64e; tomatoes. 2-ponnd. $1.90 case;
B-pound, $2-25* navy Iteau*. $2.40; Lima beans
6c; (test matches, per gross. $1.66; macaroni,
6407c pound; sardines, mustard. $3.25 case;
twins 174?.
SUGAR—Standard granulated. 64c; New
ork refined. 4V. plantation. Be.
COFFEE-Roasted Arbucktea $16; bulk In
(tags nnd barrets 12c; green 11012c.
Bbredded biscuit $5 case; No. a rolled oats
$1.10 case
m'
rtfht
mil;
evaporated applet 74c pout
... 18c pound: baking powder $5 ca...
salmon $5 case; pink salmon $4.25 case;
48c; roast beef $2.60 case; corner
case* catsup $1.90 case; sirup. New
leans, 35c gallon; corn 30c gallon; 4
notaah. $3.26^3.80 caae; peanut*. 8c;
4-ply cotton. 18c; *o«P. 8L5O04 case.
Bert.. 16.60
LAUD—
May
July... 9.30
July.!.* L874
Kept... 9.05
IC.73
LIVERPOOL GRAIN.
1:30 p. m. unchanged l
Mf\ higher.
higher. Closed unchanged to
NAVAL 8TORE8.
Special to The Georgian.
0694; rales 1.646; recelpta bo#.
Rosin steady: sales 209; receipts 1.969;
window glass $«: water white 86.96; M $5.90;
N $5.85; K $5.10: I $640; H $5.10; U $4.90;
F $4.55; K $4 65; D $4.45; C B $4.15.
THE SUGAR MARKET.
meridian time, May l
^Atlanta, cloudy.
•Chnttanoogn, cloudy
Columbus, cloudy. . ,
Gainesville, cloudy. .
Greenville, rain. . . .
Griffin, cloudy. . . ,
•Macon, cloudy. . . .
Montlcello. cloudy
Newnan, cloudy.
.Tcwqnn, ciouay. . ,
Rome, cloudy. . . .
Hpartnnburg. rain. .
Tallapoosa, cloudy..
Toccoa. cloudy. . . .
West Point, cloudy.
"Minimum temparti
Hod ending la, m.
ure f<
tbla
for the 12-hour pe-
„ HEAVY RA1NFALL8.
nora« (i.„ 2.14; Anile, La., 1.M: Brook,
bavpu. Miss.. 1.64; Clinton, La.. 2.4<; Baton
llougo. La., 2.24: Donalclaonvlllo. Kin., 2.10;
Kranlctln. Ln„ 2.23; Jmnlugo, La., 2.40; I.ak.
‘hjrl-o. La.. 2.10; Onaliuioaa, La.. 2.10;
MMmr. La., 2.14: Blnrkrlllp. 8. t\, 1.40;
Mnroaahoro, Da.. 1.40: Wharton, Tax.. 4.20;
S nvneslsiro, Mlaa.. 2.10; l’arl». Tax.. 2.80.
CENTBAL
STATION.
Atlanta. . .
Augusta. . .
Charleston. .
Galveston. .
Little Itock.
New Orleans..
Oklahoma. . .
Savannah. . .
Vicksburg. - -
Wilmington
DISTRICT AVERAGES.
Temperature.
~
II
if
T. Indicates
S esterda;
th mei
rldlan time.
Remarks.
nperatnres are allrttly higher than
rday. Rain haa fallen at all stations.
‘ Ration throughout I
Texas am! Mlsslssli
with heavy precipitation throughout Louis!-
rte of Texas ami Mississippi
J. D. MAHttUHI.
Section Director.
WEATHER FORECA8T.
partly
New York. May 31.—Local refined and raw
■ugnr markets steady and unchanged. I^m-
don beet steady; May and June 10a for
THE METAL MARKET.
New \ork. May 31.-At the metal ex-
hange today trading continued extremely
dull, although there was a firmer -tendency
shown In tin. which was up 4c fo:* spot
and nearby deliveries.
*, fc ‘
Copper, lead and spelter were unchanged.
high.
Print Cloths Are Active.
On forward contract print cloths sold
actively yesterday, and cotton good* brok
er* de«dared nt the concluMon of loislne**
that on the advance on narrow odd* they
bad sold more goods thnn at the lower val
uations on the earlier days of tbe week.
On spots » and 68x72s moved at 8 to H-i(r
nd wide standards brought 7c for auy de
livery tht* able of August.
i. H. Fairchild. \ t*Ubll»h«d 1888. S. J. White.
L. H. FAIRCHILD & COMPANY,
NEW ORLEANS.
Mambgra:
Rs 82?1%S!?? E.rbiDX*. * N.W York Eirbang,.
!*•» T«f» Cottoa Kxrkaag,. Now Orlnn. B«rii of Trail,.
New Ortaaaa Slock Excbaaga. CMi-ngn Bnarrt of Trad*.’
LIVERPOOL COTTON ASSOCIATION.
Prleat* Wlrra lo NEW YOBK aaS CI1ICAV). Oril.ra ulldted for fnlnr* .I.Ur-
MkH U. C. COTHRAN.
a 7 aa abara Exehaogaa.
PROVISIONS.
rilOVISI«N8—Suiireni. hnint. 16.9); l«>l
lea. 9V8?t nonnda a rerage. 10H: fnl
la.-ka. !.»: Supreme lard. I6-q; l-urlty
FLOUR AND GRAIN.
Kl.oril—Illgheat potent. 25.fi!: I.,>«t pat-
---• 24.75; hnlf pat
ent. IS.40: «tanda.a! nutetit,
-nt. 24 50: aprtng wbjat p.
CORN—so. 2 white, 72c: eh
COItN—No.'2 white. 12c: rhnltw wftte . fie;
white feesl. 78c; No. 2 yellow. 78c; mixed.
Flfty-POUld eat’is $0e;
Purina chick fee»I, $2.00; \lctor feed, $1.35;
brand fee.1. $1 » _ M
OATB-No. 2 white. 60c: No. 2 mixed. 59c;
Golden oata. 59c; white dipped), gje.
MEAt*—Plain, per 96-p«tiind sacks. Tic; 48-
pound sacks, 7<c; plain, 20-pound sacks, 77c;
germ $1.3
IIAT—Timothy, choice large bales. $1.35;
do, choice small bales, $1.36; No. 1. one
I bird bales. $!.»; No. • one third Ini lea.
$1.26: No. l clover, mixed. $1.3; choice
uralrle $1.00; Bermuda. $1.10.
SHORTS-Cbotce wait* $l.«S; Texas white
$1.36; fancy. iO pound, $1.40; brawn, $J to 1*1
pounds, $1.3i
THE LIVE STOCK MARKET.
■ Chicago. May 31.-Hogs-Receipts 13.0JO.
Market 5c higher* light $6.2006.40: mixed
$6.1506.40; heavy I5.1M06.324; rough $5,900
6.10^ pigs IS.8006.gvorkers $6.350«.♦):
g*ooA to choice heavy*$6.2>>fi6.324.
Cattle—Receipts 2.000. Market stronger
g Iren
In-eves $4.6006.66; cows $1.8606.55; hel7era
$4.*506.59; calves $507.25; good prime steers
$6.?>06.3O; poor to medium $4.5006.50; stock-
era and feeder* $3 4505.15.
Sheep—Receipt* 6.000. Market steady; na
tive $4/606.3; western $4-2506.40; yearlings
$6.1007; lumbs $0.2508; western 96.26tf7.9X
T^ulslana—Bhowers; Bsturday
cloudy; probably showera In tbe east.
Arknnsas--Slmwera and colder.
Oklnbotna nnd Indian Territory—Partly
cloudy.
Knst Texas. North—Parti.
..ij- showera; Bstnrdsy
East Texas, Bouth, .
North—Partly cloudy nnd colder.
West Texas, Bouth—Generally fair.
-Partly cloudy;
y partly cloudy,
h. and Wist
elomly; proba-
Texas,
WEATHER IN COTTON BELT.
Texas—Fort Worth, cloudy and threat...
lug. rained last night; Rreuhntu. clear nnd
cool: Temple, dear, hard rain last ulght;
llfitwtoti. partly cloudy nnd plenrnnt: Tay
lor. pertly cloudy slid cool, rained Inst
night; Han Antonio, dear and coot; Galves
ton and Austlu. dear; Waco, clear, hard
rnlu Inst night; Dallas, cloudy and threat
ctilng.
Mississippi—Tupelo, cloudy nnd pleasant,
hard rain yesterday and Inst night: Lextng-
TIPS FLASHED
From Wall Street
moat remarks-
owing made by the company for April,
lurplus of $1,500,000 ls*a record and
■nil probably duplicate these remarks-
Special to The Georgian.
(From Hayward, Vick & Clark.)
New York, May SL—London mnrket gen
erally firm above parity. Bank of England
rate unchanged.
Reading la atrong
ble showing M "
Tho sui
Moy wlL
ble retnrns.
• Pennsylvania will probably show an equal
ly good return, and Erie should also make
a respectable return.
The president's speech Is regarded as
more conservative In ton* than any of the
prevtoua onca on the railroad question.
Crow are doing better In the Southwest,
and there Is no anxiety on acconnt of gold
exports, as money Is in 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,
Northern Pacific 120, Heading 96, Southern
Pacific 74, Union Pacific 132, with present
tendency rallying.
Good buying will be found In these on
recessions. Amalgamated Is held between
84 and 87 at present, with .Information fa
vorable to purchase! when weak. Most
other actlres are In a tradlug range, with
out Initiative, but they should be bought on
PRICES OF STOCKS
HIGHER AT START
Gains Shown From Frac
tions to Over One
Per Cent.
TRADE WAS MODERATE
wuw nmiamr. uUl IUC/ IUOUIU UT WUUgUl OD
bmko. Dali/ (radio, ahould not ueflrct
fair returna.
Town Toplca: In tha avant of furthar
strength today, wo ndrlae taking prodta and
waiting for a good reaction before buying
■gain.
erelt'a Indianapolla raninrka will
buy -
announced. There are plenty of ttocka
bought recently for aupport that will be
coming on the market to glee tha atrongrr
Va look for the mart
cheap at the going
More gold will lie taken for export.
lAHfhaaii DnllawAW ■twAi Vwwa Y'n,b a
Canadian Pacific and other
and do not huv wheat except
further marked decline.
THE COFFEE MARKET.
New Tork, May 31.—Following are coffee
iblea:
Havre. 10 a. m.—Market steady and un-
Hamburg. 10 a. ui.—Market uuclinnged;
sales. 18.000.
Rio receipts, $.000.
Santos receipts. 31,000.
Bao Paulo receipts. 39.000.
Jundlahy receipts. 32.000.
The following figures give the opening
range nnd close of the N'ew York coffee
murket today:
Northern Pacific and Read
ing Were Strongest
in Early Trading
New York. May Sl.-Prlcci of Americas
Jt-wk* In London rooe generally
holiday, and there waa a eharp advance
if "T opening. -The rlec waa coo,
tlnued for tbe first hour on a fair volume
of bnsluess. but thereafter the movement
became If regular, and It was a question
whether as much stock wa* not being let
out by Interests who were supporting th*
market at the ontset of the week as waa
being nought lu tbo course of operations
for the rise.
recorded at the opening of tde market,
ranging from small fractions to 1 point In
Northern Pacific and 14 In Reading, tho
latter subsequently Increasing Its nuvanct*
to 14 points. St. Paul rose f$. Union
Pacific was up 4 and Southern Pacific 4.
Car and Fonndry waa
>P *
III tho Indnatrlala. vai aim ruuuui/ na>
strongest, rising 14 on rumors of a dividend
Increase.
MINING 8T0CK9.
»n, May $1.—Opening st<
Cananea 144. North Butte 824.
19*. Old Dor
Range 794, Old Dominion 4S4, Granby 1
THE LONDON 8TOCK MARKET.
Anncondn
Atchison .. .. .
do. preferred
April
May
June
July
August
September
October
November
December
Bales 12,758 bags.
Opening
Range.
..5.25-5.30
..5.25-5.3
. .6,3-5.40
..5.30-5.40
Close. ■
6.25- 5.3
5.30-5.3
5.3-5.40
6.35.40
5.3-5.40
5.40-5.45
5.30-5.3
6,3 6J9
5.255.30
5.25- 5.30
r-.:'
6.23-3.30
(Darwin G. Jones, Manager.;
Clearings Friday $620,206.60
Same day laat year 614.767.72
Increase 5.438.88
Clearings month of May $20,825,244.76
Same month last year 19.012,075.24
Increase
1,813,169.62
COTTON 8EED OIL.
Following la given the opening and dosing
of tbe New York cotton aed oil market:
M Pj*“Llfc Closing.
jmy.* iirririir
September
October 644065
November 464047
Decernt»er 43 004
Closed steady.
Lake Charles, partly cloudy: New Orleans,
raining, rained hard all night; Alexandria,
ly nnd threatening; Opelousas, cloudy
threatening, rained all yesterday even-
COTTON BELT FLOOD NEWS.
Lake Charles, La., May $1.—Worst over
flow In Cameron parish ever known, with
stock drowning, crops rained, families driv-
en from* homes and sulphur mines Inun
since tbe early honra of yea-
dated.
rain. Eight Inches of rain
Lake Charles all
terday morning.
Houston, Tex.. May SI.—Two hundred
houses are reported under water. No
great damage reported. Railroad* In bad
shape, and crops greatly damaged by the
flood*. The rainfall lo Houston and vldn-
has been 44 Inches, to which can be added
rain In history began falling last night
and continued today. The city Is flooded
with water, and In some sections la from
1 to 4 feet deep. Tbe Southern Pacific
tracks are washed out 30 miles weat of
here.
Cnnadlau Pacific .. .. .
Erie
do. preferred .
BrrirrrKii .. «• .. ••
Illinois Central
Kansas and Texas .. .. ••
Norfolk and Wei
New York Central .. ,
Ontario and Western .
Pennsylvania
Rock
Southern Hallway .
do. preferred
Southern Pacific .. .
8t. Paul
Union Pacific
United State* Steel .
‘Where Hummel's Ey** Were.
“Abe” Hummel was a first-nighter, lie
basked In the light of the "Great Whit*
Way." Every one knew him by sight. HI*
five feet one Inch of height, hla well-fitting
evening attire, with an enorniou* shining
Imld bead and blue protruding eye* above,
marked him out from among the diners In
n restaurant or a crowd In a theater lobby.
—New York Evening Foot.
flee? 1 " and chamois, lifted "them into sledgea
and taken them home.
They do some things better In Mexico. The
„„„ _ would
be ln*the ring. For producing one bull less
than the announced number the man wa*
fined $200 by the municipal authorities.
An effort fa being made In Missouri to ob
tain an appropriation of $50,000 for the es
tablishment of a ateel pinnt at Jeffenron
City, to be operated by prison labor. It 1*
designed that this plant shall turn
shapes demanded by the counties for tori
shapes demanded oy me couniie* 11
building and other Improvements.
* bridge
Tbe women mussel gatherers of Franca
wear trousers and high boot*, which look
grotesque worn with a tight-fitting waist.
and a sailcloth apron, which la doubled up
to keep It out of;*-- ——
m the water. They carry
also wooden sandals of a wide and ennoufl
pattern, which are Intended to give them
a firmer tooting on shifting Mods.
Monday, June 3, "Jefferson Davis*
birthday,’’ ia a legal Holiday. B«nka
compiling tho-Atlanta Clearing Houie
Association will be doled for busineta
on that day. Paper maturing Sunday,
June 2, it due and payabl. Saturday,
■a usual. Paper maturing Monday,
June 3, ia due and payable Tuexday,
Jun8 DARWIN G. JONES, Manager.
ASA Q. CANDLER, President.
II. M. ATiviisnurf, vicc-rresinem. amumao c..
JOSEPH A. M’CORD, Vlce-Prealdent. B- W. BYERS, Asalatant Caahler.
Third National Bank
Capital .... $200,000.00
Surplus and Profits $400,000.00
DR. A. W. CAI.HOUN.
MILTON DA1UIAN,
JOHN W. GRANT.
II. Y. M'CORD,
FRANK IIAWKIN8,
II. M. ATKINSON.
JOSEPH A. M’CORD,
J. II. NUNNALIY.
J. CARROLL PAYNE,
,. B. ROBBER.
•AVID WOODWARD.
and threatening, rain
Y it too ?’lty, partly cloudy and threatening
Vicksburg. Natrbit ami Greenville, cloudy
I threatening; Meridian, cloudy and
Alabmin-Huntsville, raining, rained all
night; Florence, cloudy ami threatening,
rained nearly all night: Nelms, cloudy,
idiowera Yesterday; Mobile, rained all last
HAYWARD, VICK & CLARK,
COTTON, STOCKS, BONDS, COFFEE, GRAIN AND PROVISIONS
Carsndal.t and Gravl,r Sto, N«w Orleans.
MEMBER8:
K,w Orirtos Cottas Eirtnofa. | X-w Orlaaat Futnr, Broken- AxnclatiM
k,w York Cottos EirhanK*. I f." Orlnn aod Chicoco Boards ot frmds
lialreaiaa rntto-j Rirbaan.
Uauiloa Cellos Elchin,-
I New York Co
T i cb.m p,.
New Tork and Chicago Correspondents.
A a. BACHE &. CO, AND BAHTLETT, FRAZIER & CARRINOTBK
PRIVATE V/iRES TO ALL POINTS,
New York. Boston. Chicago. Waihington. Philadelphia.
Baltimore. Atlanta. New Orleane. San Francisco. London.
Ths American Audit Company,
100 Broadway, New York City.
F. W. LAFRENTZ, C. P. A., Pret. G. E. MANWARING, Vice Pree.
THEO COCHEU, JR-, Secretary.
The American Audit Company, chartered under the lawi of New York,
te empowered to cxemlne the affaire of. and make reports upon tbo finan
cial condition of prlrate end public concerns for director!, officers and In
dividuals. Tbe preparation and Installing of syatema a specialty.
ATLANTA BRANCH. 10151016-10I71018 FVURTII NAT'L BANK BLDQ.
C. B. BIDWELL, Resident Manager.
Telephone, Main 872. . Cable Address, Amdit, New York.
ALONZO RBCHARDSON & CO*,
PUBLIC ACCOUNTANTS
AMD AUDITORS
Empire Building!
► ATLANTA.
Bell Phone, Main 8S&
GEORGIA.
J