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THE ATLANTA GEORGIAN AND NEWS. WEDNESDAY, JULY 3, 1W7. J 1 THE WORLD OVER Liverpool Responded to Tuesday’s Advance in American Markets. CLOSED SHARPLY UP Our Markets Opened Strong July Was Erratic—Flue tuated Wildly. »•«*• York, July l-Tradlng In tli* oolton rnirket todsy we* very aaUra sml price* 5... no I lo H points. Thf flrnt s*I* o( 7nk mPs at 13-76. »“•> »•«>'*« bid the option lir Jumps up to llo. New baying ttu<! cover. luVof lUort* were offset to souio extent 1>* rswmou. residing. The srtvane* In post- tion* tutor then July wn« 5 to 10 point*. ,rii" itreet hou»e» wore very heevy sellers of the new crop position* for profit*. Cotton futures were active and nerv. ou* In all market centers Wednesday morning. Liverpool fully responded to the sen. *atlonal advances In the American markets, and later Increased the Im provement during the early session. At the advance liquidation resulted In a lots of a portion of the advance, the close being barely steady 14 1-2 to 111-2 points above the final quotations of Tuesday. The following Is the range In the active month* In Liverpool today: Open. High. Low. Jamiiirr-Fehrunry ....6.63 6.69 6.62 July J.|® Jnly-Angwt J.j*. a October-XovomUer ....6.70 Spot* were more active than re cently. spinners Increasing their tak ings to 10,000 balen at an advance of 20 points for middling to 7.42. The opening In New York was very active and at decidedly higher prices. July was erratic and fluctuated within a wide range. That option opened 24 points up and ranged as follows the first hour: Opened 12.70, 12.75. 12.80, 12.85, 12.95, 13c, 12.50. 12.65. 12.43, 12.45, 12.50, 12.41, 12.40, 12.35. At 11 o'clock It had recovered to 12.60. October opened 9 points higher at 12.36. sold up a point to 12.37, and then steadily declined to 12.15, rallying a few points by midday. Liquidation at the advance was on an enormous scale, which mokes for a healthy condition, and any fresh buy ing will result In sharp advances. Tim trailing continued very active during t*e morning with ttnctuntlous very nerv. i and Irregular. The big hulls seemed to NEWS AND GOSSIP of the Fleecy Staple. Special to The Georgian. (From Hayward, Vick & Clark.) New York, July 1-J. s. Raehe & Co.: Liverpool wns due 23V4 to 25 point, higher. Opened strong 22 to 23 higher. At 12:15 p. tn. was ateady 2?H to 25 point* higher. Spot* 20 points up; middling, 7.42; Mies, 10,000 bales, American 9,400; speculation and ex port, 500; receipts, 1,000; American none. Liverpool gives a full response to our strength yesterday. Later cables rtate fur ther. rise. Liverpool accepts the goverfi- pient report ns an expression of the real E nd It ions In the belt. To say the least. It certainly deplorable and we firmly lie. •ve moans very much higher prices ns a full realisation of the facts take hold of the public wind. It Is uecdlcss to relter&tu that we have believed, and We still believe, that a high level of prices will be recorded. There has bean heavy realizing by the clique Interests and Wall street, which the market has taken, but there seems to lie soma disposition to sell on yesterday'# Texas rain reports. The selling pressure, however, appears to lie easing off, and the market responds to every buying order. Tho market looks higher. Following are 11 a. m. Idds: July 12.4a, August 12.30, December 12.24, January 12.30. New Orleans. July 3.—A. J. Vick: Horn# art* inclined to criticise the government re port, saylug either this or the May -report was wrong. I disagree. The May report made up to the 25th and they gave 70. About the 27th the floods commenced in Texas nud extended almost all over tho belt, causing replnutlng and abandonment of acreage. If the report had beeu made June 10 no doubt would have beeu 65 or ALL COUNTS COTTON YARN8 ARE STILL FIRMLY HELD. New York Commercial: The reported con cessions in the cotton yarn market during the past few days are positively denlad by promiuent selling agents In the trade who sTnte that prices are being firmly held as ever on nil counts for both nen ’ future delivery. In ninny cases tl The weakness reported seems to have been confined to < out at slight concessions by sellers who i In some qn - . __ _ ported that large dfiils are pending nud that when these aru put through the r " kot will relapse into a quiet state owlDj spinners being well sold up. It Is said t Edited by Joseph B. Lively MARKETS Mr. Lively’s twaoty-flvs years* experience of ad* I ting markets In Atlanta and the South has mads him a recognised an* thorlty tn his specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS Hi MR OF STOCK. Anil. Copper Ain. Ice Securities. .. Aui. .Sugar Refinery, , American Smelting... Am. Locomotlre. . • • do. preferred. . , . American Car F. . . . American Cotton OIL. Anaconda. ...... Atchison do. preferred. . • • Atlantic C. Line. . . • Brooklyn Rapid T. . • Baltimore & Ohio. . • Chesapeake & Ohio. * Canadian Pacific. . . • Chicago A Altou. • . * Consolidated Gas. . • Central Leather. . . . do. preferred. . . . Colorado Fuel & Irou. Corn Produce. .... Colorado southern. , „ Delaware A Hudson. • Denver & Bio Grtunde. Distillers’ ftecu rifles.. Erie. A „ do. preferred. . . • General Electric. .*,. Great Western. . . .. Great Northern pfd. •• Illinois Central. . . . Interboro do. preferred. • ., Kansas A Texas. • » . »u « mi Tv* ‘8* 129H i»»,i lijli fotnl .took rals. 813.299 share* NA31E9 OP STOCK. Kansas A Texas pfd. . , Isoulsvllle A Nashville. . Missouri Pacific . ,. . Mexican Central . . . . New York Central . • . Northwestern National Lead . , Norfolk and Western . , Northern Pacific . . . . Ontnrion & Meat.. . . , Pennsylvania ...... Pacific Mail People's Gas Co Pressed Steel Car. , • , Beading Bock Island . Union Pacific . . « . . U. S. Rubber u. S° (CtT* 1 . *.:: do preferred . • . . Western Union . • . . Wabash do preferred . . . Wisconsin Central. •, do preferred . .. d a ti o 3 s h. ■s 112% ‘8* f f M s 76 ft 12374 1 92 M74 92*’ an >b 1 % 10674 M 47% 47 it 79 2074 s 7BU 20H i iSR 132 12974 liiii 7^ il .$* 103 M iT lit 1374 1374 13H 2674 25 2674 weaving industries are negotiating i _ .... piles, imt no far have refused to pay tho price which sellers hare been demanding. It is believed that slight concessions, ft granted, would result tn orders being placed for severnl million pounds of yarn. Wheth er this is so or not can qot be stated posi tively. nnd will not Ik* known until the transactions are put through. Knitters have been purchasing quite freely during the past few days for requirement up to the end of tho fall. They ore not disposed to .purchase any large lots, how- us thdy hope that tho crop reports Many of these knitters have taken orders for next spring at prices which It will he hnrd to meet with cotton yarns at their Future buying of narrow nnd cloths continues unnlrated and price* on nil counts stand uniform in this market. Wide he faklnc profit* very freely, and price* present high level, and In many case* It Is reacted sharply from the high point of tho - ,J * *»-- *— morning. On report of rain In Texas where needed, heavy realizing for profits nnd evening up sales over the Fourth of July holiday price* slumped sharply In the afternoon trading, the close being steady 13028 points lower. frnl-wrekly interior movement: 1907. 1936. 1905. Receipt* 4.853 5.088 10.976 Shipments 12,430 9,163 23,759 Stocks ....132,032 144.286 152,698 Movement Into-slght to end of June: 1907. 1906. 1905 In light, month 209,746 269.356 475,903 Since «ept. 1.... 13.227,062 10.780,944 12,739,348 t'nnipsmtlve receipts at all U. ft. ports: ^ * 473 1,302 8.473 16.949 Decrease 8.476 Total receipt* slucc September 1..,.9,768,384 fame time Inst year Increase Estimated receipts Friday: Net receipts Thursday Same dn.v lust year Pecreuse Total receipts for five days Same days last year Now Orient}* Galveston .... Iimistou 1907. ... 200 to 500 ...1,000 to 1,500 ... 100 to 200 Movement at Atlanta: Receipt* Thursday fame day last year Increase Shipment* Thursday fame day Inst year Increase Stock on hand Thursday fame day hut year Increuio 8POT COTTON MARKET. its. firm; middling ISM. •7» York, steady; middling 13-50. New Orleans, quiet; middling 11%. Augusta, steady; middling 1314, favniinnh, firm; middling 12V1. Memphis, steady; middling 13c. <»nlve*tnn. firm; middling 1215-16. c harleston, nominal. Mllmlugtofi, nominal; middling 13%. Norfolk, steady: middling 13%. at. Louis, steady; middling 13c. Boston, steady; middling 13.50. Baltimore, nominal; middling 18%. Philadelphia, steady: middling 13.75. Mobile, firm; middling 12%. Houston, steady; middling 13*,fc. Cincinnati, nominal. Louisville, steady; mlddllug 12%. ^ today's Fort RriceiPTS. The following tabic shows receipts at the port* today, compared with th* same day hit year: INTERIOR RECEIPTS. Ifollowing table ihmvA receipts at th, town* today, compared with th* day laat year: Houston. . . , &*gtlStA. . . • * Jkoiphl*. ?L Louis. , ... j^Qrlnnatl * Tots |. . Hayward, vick & clark's w „. daily cotton letter. ml.'.DiJsmj, Jrt» 3.—About the only linrf.h °. : h f^ k Eralltal, eggrrtslrenrst amt KS£« if!** over ntgbt In tlio kZ "; *xten»lv* .bowers tn central mid SSsPJSiHL. Tills sn4 ">« holiday to- prompted longs to take profits, and nctlc. n* orer In netting contracts for narrow odds accepted, . For 27 nnd 26-Jnrh B imda price* are fully .maintained for do very through to January. ATLANTA MARKETS. FRUIT AND PRODUCE. KWIS—Active. 17771784c. LIVE 1’OIT.THY—Hons, actlre, 2303784; chlckcne ifrieal. l2J4Wl7V4e. Docks, Akin. 30c onch: puddle, 25c each. Turkey, dull, 10c per pound. ItltESHEH POULTRY—Tarkey*, drawn, active, 164417c pound: fries, active, 26010c ponnd; bene, 14c pound; ducks, drawn, rniicy, It.- pound. PHriltUCK—laird, lie live 16c ponnd; ahonln... --v-v —v**, pound; aide* active. 11c ponnd; batter dull; looink |stand; beeswax active, 26c pound; bonev. bright, active, 11c pound: honey In 1-pound block* active, 1184c pound. FIUTTB—I-emon*. fancy Messena, 31.060 <6.23: Itanana* per hunch, calls active, JLOo; straights 684 conte per ponnd; ptnoapulen Florida etock. 12.7603.16: oranMa, Califor- xta atock. par Imx, 84.60. Florida hon ey peach**. J2.7b03.67 P*r era* ffnlfc Florida stock, owing to color, per box, 65.00; limes, Florid* stock, ncr 100. 61.00; peanut* la sacks averaging 100 pound* each, owing to grade, per pound dried apple*. 16614c; S c*. UHc; prune*. 6®7Hc; rat 2.60 crate; watermelon*. 1(W1 Georgia peaches. $2.01 crate; blac— UHc; rhnpsrb. 50c bunch. _ VE tTARI.F.b-Tonintoe* nr* aettvo and selling nt Jl.SOrtl.75. 1-otnfoee. new, 12.60 03.09 par liarrel. Onion*. Lonlslane, J3 per l.frcrtiool. yiitiirc* ... ahowctl the full advance of 28 to 39 polnta.1 spot prle.* arc 2) point* higher and «p«t sales were rulnetl to a total of 10.000. Tnl# selling stopped, however, and oar mnrkoti etendlml as *<H>n a* the government forcc**t for tho wcetcru licit wn* pnetetl, promising fair nnd warmer weather for Telia, which revived fear* of drought, a condition most dreaded anil which could do great damage by retarding growth nnd Injuring young plant*. So wonder therefore that the mar ket* are very nnoeeptllile to predictions of fair weather In the west, The recent pt 1 conned by root a ample of enure of the pnssiu* In of* cool wavo-HB Weather conditions during the past 24 hour* whre gonerally favorable, tiood .how- era occurred In all elate* except ArkanaaaJ and temperature* were lower. Official rce m '■ in iwectplutlon, however. In thu wet of t'l-xnp nt Itnlllngcr. Bcol Ivlllc, etc., which stations recently recorded the high temperature*. ... The market eased again on putdlcatlon of rain ilata, but the feeling la bullish and eon- ddent of higher price*. Any unfavorable crop Induenee wonld enure an Immediate further advance. A few day* of fair and hot weather In the went would bring rap port nt once to the market. Only temporary scalper*' depression* can be counted on. New York, July 3—J. 8. Bache * Coj The market opened foverteh end exeltal with e bulge of over 60 potuts In Jaly, while In other option* tho advance wne more modcrote. but the trading was on aj large oral*, and the liquidation wag nlmoet overwhelming. Hhort covering aeeonnt* for thcTtrong opening an Liverpool waa nerv- on* and excited nnd somewhat below ourl parity. Violent fluetantlona followed th* rail on report* of rain* In Texa* whore It .' ijtter, after a break of 154146 nolntp. the latter In July on reallatng aale*. (he market tieeame quiet and rteatller. Of- Bdal weather mep Indlcnted dear and rlondy condltlonii for V52 nnrt *if th# halt. This esusaq som# OSZ'bl? the market dld aot advanee nmrh and ot uooii pric*»s war# wwt. »*# look fo’ n higher price* «ud wontl buy on any setback. HAYWARD, VICK & CLARK, COTTON, STOCKS, BONDS, COFFEE, GRAIN AND PROVISIONS, Carandatat and Oravler Slo, Naw Orlaana. MEMBKHS1 ,| riltnr , Drokcraf Areeetetlra, I Now Orlasns »nd Boards of Ira«$fc New York l-otTee IMW. I Associate Metal STOSS* Cotten Are - * Gtisaag-xafo. 100 ExcLacut, ^v.^;^a’c« , * S. SACHE 4 , CO, T ArJb n BARTLET 0 T, C FR”2IER 4 CARRINOT0H. R1VA1E WljUSajrCLALL.EQlNTa. i NEW YORK. 1 The following Ib tbe range In cotton fn> ♦urr* In New York Iwlny: I a a s ill 1 Jl iuiy-- . Aug,. . , . HPpte. , , . Oct Nov Dec. . . , . Jzu Feb.. . . . March. . .. 8:S n Usm 1153 1535 12.52 12.25 12..^ Sett ILtt 12.45 1163 y u e iiii un ! Ml 12. IS 12.26 ill* 1117-1* 11.97 11.97-99 13.141113-15 12.1112.08-10 12.15 12.14-15 12.1913.19-20 13.23-25 12.28 12.30-31 12.14-15 12.27-26 12.33-34 if&S 12.41-43 1347-48 Closed steady. _ LIVERPOOL. Opel ilng PravtoM uaug#. 1 p. m. C!ow». Clo##. 7.03 -7.02 7.0* 6.94 6.79H .... 7.01 -6,»H 7.00H 6.94 *“ ►t.. 190 0.88H t..e. 131 4.83H .... 170 .dl.74H Aug.-H#pt.. 190 Ba»u.-Oct. Oct.-Nov.... ... Nov.-Dec.... 167 pac.-Jaa. Feh.-MAr.... 6.66 -6.66^ hardy steady. \pril-.Mn Closed NEW ORLEANS. Tbo followlog Is tha range In cottoo fa* J tnrea In New Orleans today: . II A c 1 In 1 si July.. . . .113.62 Attgi. . . .13.22 Sept 12.95 Get 12.65 Nov I Dec 13.52 Jan 12.66 Feb. . , . J March. . ..( lift UR 1195 12.65 12.54 12.58 rt.50|13.fo 18.28113.22 12.8812.88 12.4112.58 12.35i2.4i 12.4012.47 1145-50 18.31-28 12.85-88 12.47-48 12.43-45 12.40-41 12.4647 13.61-53 12.65-58 13.45 r | 1130-40 13.03-09 \iU 12.63-64 12.68-70 Closed sttsdy. NOTES ON GBAIN. Pointers on Provisions. Special to The Georgian. (From Hayward, Vick A Clark.) Chicago, July 3.—Bartlett, Frailer k Car. rlngton: IV* wonld not be aurprlsed to ree higher prices for wheat. Corn Is about two weeks late, but we ■ee nothing at present to canoe any ma terial advance In It. Local trader* In oats endeavoring to ad vance prices nnd may succeed In doing It. Snow s report on winter whent eased tho market up and started local crowd to •ell- lug whent under a dollar. The buying la ninluiy on Sealed order* now. The Chicago Becord-llerald: Intercet In wheat now pennentes nU walk! In life. It Is the dominant commodity among specula tor* thp norld over now, fully a* much a* were railroad, industrial or mining stock, previously. The constant seeker after op portunity ,e«, more probability of It In food products now than he does fu any of tho available commodities shove montloned. The uueetlon that ha la now trying to de cide la the time for Inveetment or ehort- relllng. In the event of a aky-rocketlng of the price eliovfi reason the speculator will throw his weight against tho mnrket. If the farmer holds back the new wheat long enough to make tb* miller buy freely of the old. the .peculator will Invest for tho promise of an appreciation of values, with n Idg crop shortage on both sides of tho At lantic the long tune luveator probably will throw his force* with the speculative buy er, feeling confident that, although the wnlt may be tiraaontely long. It will nevertheless sooner or later bring Its rswtrd. It re quired only nu apparently well supported hint of disaster to tile eprlng wheat < week to ndd 6c per bushel to tho p. .. .cheat within an hour's time. This al most hysterical Inlying by professional spec ulators almost exclnslvoly should jive « faint Ider. »f tho Immense possibilities If actuality ahonld take the place of probablb Receipts of corn from ths Interior are dropping off, cash premium* a* a result are Increasing, shippers and conaumern are fol* lowing the advance very grudgingly, end the position of the growing crop It rapidly Improving. Another month of heavy ahlp- Meats Is nt hand, the dealer In the rath grain having mode heavy contracts some time since that are o« yet unfilled. A tim- 1XI& of the*buy**r des1rlng W to avoid Ids coutract tiy re-relllng here. Monnwhlle, •Iso, there Is a abort anpply of corn eaat, and every likelihood that domestic buying soon will supplement the recent foreign, particularly « Interior .applies are wlth- teld. There I* now very ranch uncertainty arising from tho Inaccuracy of the report! !icrc*«nrlly coming at thin stage of crop growth trem the corn belt. It la fairly well ratahllahed that the acreage planted was the largest on record. 1 ntlT It Is cst*hll«U- cd whether the stand on thin arcs la thin or otherwise. It can not fo low thst s larger crop then laat year U Indicated. The crop nad an nnninnlly late etart end will require a continuation of the preeent splendid conditions If It Is to make up for lost time. In the 8outb th* start was worse than In the North on account of the excessive early ralntnll. This will b- - factor In the demand proposition Inter. WHEAT STARTED Fill A Further Slight Improve ment Followed by Dq- , cline in Prices. ST. LOUIS CASH QUOTATIONS. Wheat—No. f red winter 66 8 era-No. 2 63! nte-No. 2 bulbcl; Egjpttnn Me per ponnd: old Irish potatoes oetlr* J1.U01.I9 bnshel; ctW err. fancy, J2.60CS.2S crate; peppers, slew. Jl. r 25 crate! okraT six bsMt.H small, J.1.W; 'rant, half barrel, M.7J; cucrabera, 21210 .75 per crate: eg^pVn^J^BCl.76. RICE—Jap 606He; brad WWe; fancy head *'§pEE8IS—Fency foil cream. 16 centa; Georgia can* syrup. 96 centa gallon: salt, 100-pound, 60c: axle grcs.e 11.75; ooda crack- ^rpoTn'.fhSrSTnWV^ 15 -" 0 '^ hUOAB—Stanfiarfi franuU^. , both tn ''“h'redd'ed b r t*enlt*u'raw^N*. J rolled oats JI.26 ease: reck grits, Kbpound bags, Jl.®: “ystera, foil weight- « case: light weight r, 18c lb.; baking powder J6 raw! ^ fisass’ssynK snwnw* teens. 35c gnllon; corn, 30c gallon; Cuba potash. J3.2SC3M rase: peannta, ic; rope, fqtly cotton. 18c; jmap^JLMCt case PROVISIONS. PROVISIONS—Supreme homo. 15c: bellies, 2.VU25 ponndt *TCrage, » JS; ftt barks, 6c; supreme lard, nu,Purity compound, IK; rallforntn hame. J9e; dry relt extra riba, 9.36. _____ FLOUR AND GRAIN. Vt.75 : ; 23 gSi: *■ w. 6 OAtL-No. 2 white, 60c: No. 3 mixed, C9c; Golden onte. Met whit* cllppml, C2c. SIKAI-—I'lstn. per 96-l>2fnd «cks, 16c; 4t pound sacks. 77e; plain, SOVpoand aacka. Jig; gprm, $1.25. HAT-Tlmotby. eholcn larae bales, a40; do., choice email Iwles. *1-35; bo. 1, ona- third bale*. J1.3*j No. 3 one-thlnl hales, JL30; choir* prairie *1.00; Bermnda, 11.10. SIloUTS-t’bolce while JL66: Texas whltj Chicago, July 3.—Realtxlng sales xvero against the trade In wheat, ths uncertainty of tho telegraphers' strike being tho cause of heavy selling by scattered holders. Advices from Ohio nnd other points wer again mainly bullish, while those from the north west were ot all kinds. Broomlioll has Iraued a preliminary estimate on the world's wheat crop deficit, making It 296,000,000 bushels as compared with last year. Including a shortage of 104,- 000,000 bushels In the United States. On the bottom prices reached the sup port was most excellent. France waa a buyer of English cargoes. News from that country was bullish. The report of B. W. Snow was construed by the board as bullish, making the yield 606,000,000 bushels. The Ohio re port on wheat, as wired by King, of Toledo, makes the condition 79, com pared with 77 In June and 95. a year ago. CHICAGO GRAIN MARKET. —soS an ts follows, compared with re*terduy‘s closet Previous Open. High, Low. Close. Close. WHEAT- tejS $5 J* Tda&J®* m% WEATHER REPORT. WEATHER CONDITIONS* Tnfiny n crazt of ralatlraljr high prawure #xf#nda from sonthwoat Konrau nortbanzt to wcMtern New York. Tho mlrnnct of thla high area bns oainied n slight fall In tem perature at most Atntlona eaat of tha Mlisle- ilppl. The preszure Is least In Aontheru Cal ifornia nnd northern Montana aiul Washing ton. Cloudiness cover# the South Atlantic •tates with rnln falling nt Corptia Chrlftl, Texas, Norfolk, Virginia, and Wilmington. N. C. In tho laat 24 noun shower* htra oc- rurred over moat ot tho ooutb and at scat tered atatlona elnowhore. Tho condltlona fnror fnlr weathar In thla ■cotton tonight and Thursday with uo marked ehaugo In temperature. COTTON REGION BULLETIN. : it 8 a. m., TSth a?lXnta* DISTRICT. M iw! m B 6 i h 1 OAT8— m ion FORK— July.. 10.25 Sent.. 16.50 LARD- s?!Tt'.': *!on4 fmis- July... 6.60 Sept... 6.80 Ho 8.6284 8.7254 LIVERPOOL GRAIN MARKET. CHICAGO CAR LOTS. ’ tomorrow are nt Wheat Coro Oata UogRy head.. THE LIVE STOCK MARKET. Chicago, July S —Ilog*—B*«|pta M.600; •*- tlmntad for tomorrow 20,000, Market 6010c lower; light |5.80rt6O6: mixed J3.soo6.i6; heavy 0.4OB8: renfh li.4cxj8.76: plira 8.400 6: jporkcrw 96.664l6.i6; good to choice heavy “St«e-Recclpts lfi.Mb Mnrket eterujy to 10c higher: lieece* »f7Ki. U; conra 81.75*6; heifersJ-6O06.W; reive* «SsL25; gnoAprim. ate*ra'83.750775; poor to mctbirn 64.7966 «; sleeker* and f.v .era ».6W4*J6. u - b ’ ,Mww: 9 Atlanta, cloudy. . . ‘Chattanooga, clear. Colnmbna. cloudy. . Gnlneavllle, clear. . Greenville, clear. . . Griffin, cloud/. . . * , •Macon, cloutfy Monti cello; cloudy. . , Newnau, clear Rome, clear. ..... Spartanburg, dear* , Thliapooia, p. cloudy, Toccoa, clear We*t Polni, doody,*. TIPS FlrASHBD Fiom Wall Street •tciy lorn, • hit i—ii, unrne w lum London market allghtly below parity. Con- mis 146d lower. Gold shipments wero reported late yeater- day afternoon and more annouuccmeuta are expected. . Yesterday waa reaction da/, Imt there waa uo reaction to Apeak of. Tho bulla were well aatlafled with the stability of the market and claimed Btoclu wero told hear- tly by hears ou a belief that the advance hud terminated. Money rates wertr easier than Monday, aud the heavy payments on account of dlvl> demU and lntereat expected to go Into good stocks. Th# bullish cotton report did not affect stocks to any extent. On any further reaction this morning stocks should be a purchsee. as cove '— will put market higher before close. New York Financial Bureau: Attempts will l»e made today* according to rumors In professional circles up town last night, to extend the recession forced toward the close of Tuesday* but we do not believe such operations .can 1>o productive of extenalva reiblti, nnu while the latest developmentz Indicate some Morgan distributive checking In the stock market, ptirchatoa on standard Issues are still advisable on reactions, al though dally traders In the class of high- grade professionals are noted as temporar* By lightening their loads for purely tecbnl- til recessions of moderate extent. th# completed. I'lilon 1 >e do uot seem to up to b« Union pacific ahould he taught on recce- ■ions, as It Is not likely to be let off much on account of the new bond matter, metal situation, which, to say the leaat, unsettled, and the pool seems unwilling ni yet to accept the *7 stock. Bull talk on Smelters will hot result ft vornbly until the 120 Is removed. Realizing in Northern Pacific and Great St. Paul seems to us to b# held In sus- Southern Pacific and Atchison are also Other actives aro lu the trading limits 8H0RT8 HEART FAILURE. New Orleans. July 3.—The Tlmes-Demo- cratf “Yesterday’s cotton crop condition of 72 fiat, as promulgated by the government, ^av# shorts heart failure, for It confirmed .ho worst professional fears. The fact that a total Improvement of only 1.5 waa record ed for the period from May IS to June 25 waa not all-convincing to the average trader, whoae attention haa been held by tho obviously seasonable character of tha weather subsequent to June 3, and the bo- however, may prove aomewL... whan it Is remembered that last month's report was made up to May 25, that follow- jat period must har# tacn exten sive, consequently from tho condition of 70.5 from Mny 25 the plant lost ground un til early !u June, after which there was sufficient Improvement to pull the iielt tip to 72 by June 25. Th# fact should never be overlooked that percentage condition figures can not approach mathematical ac- —»- mn - serve a useful pur- placing before the world the comparative changes In condition from month to month.’’—Hayward, Vick & Clark. THE COFFEE MARKET. •Minimum temperatures aro for 12-hour period endlug 8 a. m., this date. ^ HEAVY RAINFALL*. Clanton, Ala., L60; Onellka, Ala., 1.74; Ca- mak. °a., i rt; Fort Gaines, Ua., 1.64; Mil- len. Ga., 2.24; Temple, Tex., 1.79. CENTRAL STATION. Atlanta. . . . Augusta. . . . Charleston, . . Galveston. . . Little Rock. . Memphis. . * , Montgomery. . New Orleans.. Oklahoma. . . Savannah. . . Vicksburg. . . AVIlriUngton, . T. indicates I DISTRICT AVKRAOBH. Ill !I ir i u* ea Inappreciable mA 1 ••For 24 hours audios • a. i tli Remark*. tawer temperatures are reported this morning from nearly all stations. The great est decrease haa occurred in the western part. Bain has fallen In sll districts except Little Rock and Memphis, the heaviest rnln falls belug reported from the eastern .part. J. U. MAKBUlW. Section Director. WEATHER IN COTTON BELT. Texas—Dnllns. Waco and Fort Worth, dear nnd hot; Kan Antonio, cloudy, rained last night; Taylor nn'd Austin, drizzling, heary rain last night; Houston, cloudy and pleasant, hnrd rnln last night; Temple, cloudy nnd pleasant, rained alnce 1 o’clock ' SSL, -Port Gttnon, Kowltiako, Am- aoU x.Boo City, clear aud pleasant; ....lehurat, Lexlaqton and Tnpelo. cloudy and warm; Meridian, Clear and fine, rained reaterrl.)'; Greenrlile, eleer and hot. !,oul*laoa—Alexandria anil Opelousas, elesr nnd pleasant; Monroe, elear and warm; Shreveport, partly eloudy and plena- •nt. mined yesterday; Lake Curl**, clear Alabama—Florence, Huntsville and Mo bile, clear and worm: Helm*, partly cloudy, rained very bard yesterday afternoon. North Carolina—Clear and warm, bad a ml rain !a«r nl,bt. South Carolina—8p*rt*nbnra, Hear and hot, bad food shower laat ulfbt; Columbia, eloudy and warm, rained laat night. New York, July 3—Following tre coffee cable.: Havre, 10 «. m —Market ateady; noon, nn changed; nice, 30,000, Hamlmrg, 10 n. ni.—Market unchanged to ! *Bi;Kre l f«. p ti.“'»joo: 00(> ' The following figure, give the opening range nnd clou of tbs New York coffee market today: Opening Bang*. CIn,e. February7.3jj'-fw 1:1*6.60 March 6.45-6.50 5.M-5.00 October .. .. November .. . December .. Closed Ann. COTTON SEED OIL MARKET. Following la given the opening and dosing of tha New York cotton seed oil market: Opening. Closing, Jnly. ...... " * — — September. . . . October. ..... Novemtar, .... December. ... January. . . . Closed steady. Following wero tho cotton seed oil aatao >r tha open* 52%. Total STOCKS OPENED FAIRLY ACTIVE Started Unsteady and Im mediately Began to Sell Off. ’ GOLDEXPORTSFACTOR Selling Pressure Abated Slightly Later, But Tone Continued Heavy. effect before iho Opening of bus!* iiom this morning wns thut the market, waa lu for u mure or iesa Important reaction. It wna felt that the array of unfavornlde developments In yesterday’s altuation, clili f of which were the low cotton condition nml the renewal of gold exports, ware alto gether too formidable to be withstood, espe cially after the sharp rise of the past 'week lu security prices. The market did go gen erally lower nt the outset following un un settled condition in the dealings nfcroud. But nt a recession of % point or so from yesterday's closing heavy buying ordora made their appearnne*. in numerous direc tions, and not only ware the offerings at the low figures quickly taken, but prices wore bid up sharply all through the list. The re covery wns helped In no small measure by the publication of the sub-treasury figures, showing that the banks had gained ou tbo week nearly 83,000,000. This served to effect disappointment in speculative circles, which wero aroused by the resumption of gold en gagements and the persistence of high, rates for sterling exchange in the .face of high money. New York, July 3.—There wns a fairly ac tive openiug to the stock market today, ami the number of Issues denlt In presented con siderable variety. Brices opend unsteady nnd almoet immediately began to sell off- owing to the unexpected renewal of gold exports and rnmors of fresh activity of anti-corporation news from Washington. The selling pressure after the first ten minutes of trading abated somewhat, but tho tone of the speculation remalued heavy. MINING STOCKS. Bo,ton, July 3.—Openlnq stock,: Trinity 29, lUlnkalnfa 1674. Shannon 16, Copu-r Bunco 81, North Butte 83, Isle Boy.xl .Is. Old uomlnlou 4064. Santa Fe 374- MONEY AND EXCHANGE. Now York, July 3.—Money pn call 60 7 per cent, ruling rot. 6 1-2 per cent; time loans easier but unchanged; sixty dayi 4 1-304 3-4 per cent; 90 day. 4 3-4 06 per cent; six months 61-205 3-4 per cent. Posted rates: Sterling exchange 34.84 1-204.88, with actual business in bankers' bills at 34.875504.8740 for demand and 34.833504.8335 far 60-day bills. Prlmo mercantile paper unchanged. London bar silver qulot l-16d decline at 31d. New York bar silver 67 3-Ue. Mexican dollars 63 l-8c. GEORGIA RAILWAY AND ELECTRIC CO. THE LONDON 8TOCK MARKET. STOCKS— Anaconda .. .. .. Atchlaon .. do, preferred .. #. .. .. Baltimore aud Ohio Cheaapeake and Ohio Chicago and Great Weatero. Canadian Pacific .. .. .. .. . Erie do. preferred Illinois Central Knnana nnd Tcxua . do, preferred... ..... .. . Loulavtfle and Naahvllla .. Norfolk and Weatern .. . New York Central Ontario and Weatero I’enna/Jraola . Philadelphia nnd Reudlug .. Rock I aland Southern Pacific Southern Railway do, preferred St. Paul Union Pacific .. .. United Htarea Steel do, preferred Wabnah |Opn'|2pmlClos HAVE A REAL VACATION and read Tho Georgian and New# overy day while away. Sent everywhere 43 cents • month, 10 canto o week. Phono 4928 or write circulation department, The Georgian and News. No trouble ohange addreaa. New York. Boston. Chicago. Washington. Philadelphia, Baltimore. Atlanta* New Orleans. San Franclaco. London. Th? American Audit Company, 100 Broadway, New York City. F, W. LAFRENTZ, C. P. A„ Pre*. Q. E. MANWARINQ, Vico Prea, THEO COCHEU, JR., 8eer,etary. The American Audit Company, chartered under tho laws of Now York. Is empowered to examlno tho affairs of, and make reports upon tho llnan- clal condition of private and public concerns for directors, officers and In dividuals. Tho preparation and Installing ol systems a specialty. ATLANTA BRANCH. 1015-1016-1017.1018 FOURTH NAT'L BANK BLDQ. C. B. BID WELL, Resident Manager. Telephone, Main 872. Cable Address, Amdlt, New York. THE METAL MARKET. New Yerk. July 3—At the metst ex- rhense today extreme dnlluees prevslled, bile prlres rnutlnued eomewhet Irregular. i'sstlDg cupper wna off 74c In the asking rr -!7Ti was up 74* Is the bid, bat off 74c In the asking price. . Iwad wss down Re. Kiwlter wss off 6 points Is the asking price. L. H. Fairchild. Established 1885. S. L. H. FAIRCHILD & COMPANY, NEW ORLEAN8. Members: Ktv Orleaoj Cottoo Hr change. New York Coffee Expbnncy. New York *?otfoo USaT'* New Orleans^ Board of Trade* Vew OrleauR mock Excbnagk **hleago Bonn I of Trade. LIVERPOOL COTTON ASSOCIATION. n5&;7a»ey. 11.45;*brewm to l» youadsL ’ Private Wlree to NEW YOSJw sod CUr*CAGO. Orders Rollrlted for future deui- 40a. Brntui xi ** «v ou above F.xchaag**, *»• c. curiifttAN. Jos: FllANK HAWKINS, President. XI ATKINRON. Vice-President. THOMAS C. ERWIN, Cashier. ■JEPII j, ipCORD, Vtce-PreglQe®fc R* W. BYERS, Aulitant Cashier. Third National Bank Capital - - - - $200,000.00 Surplus and Profits $400,000.00 nn, A. w. CALHOUN* MILTON DAROAN. JOHN W. GRANT, II. Y. M'COIlD, II. J*. niftmputv. JOSEPH A. M'CORD. J. II. NUNNAIXY, J. CARROLL PAYNE, K. It. ROSSER. DAVID WOODWARD. ALONZO RICHARDSON & CO., PURUC ACCOUNTANTS AND AUDITORS pnmlra Bulldtaff, Bell Phone, Main 85A ATLANTA. GEORGIA-