Newspaper Page Text
£HE ATLANTA GEORGIAN AND NEWS.
TUESDAY, JULY 9. 1907.
WASJERY DULL
pransaetions Were Almost
Entirely of a Profession
al Character.
movement NARROW
Opened at Lowest Point,
But During the Morn
ing Recovered.
_ _ T „. k r 0 |r The nmlertone of the
ff&'rfe'V Uo*?. sspus @
Orleans 0 *lutera*?* “being
fair purebseeft.
fa
ffiiirtnv quotation, nt that time rtow.
ij," jellnt or two improvement over Mou-
<, «»ort? l, <5 ™ ln ln P? r 1 ,lonl1 ?‘ h T 'f 11 *
iSKneeded end n poor Liverpool showing
Sire the depressing ludueuce* In tho early
"[•Sing li the luminary of the weekly
■aJE nornml' temperature condition* pro-
r ,C 5»ring the week. The temperature
m, normal, or 1 to 2 degree* below normal.
,'rer the aouthern portion of Louis-
._j Alnhfinifi where thorn
it over tno nannern »»”* nun w. f,
MlMl.elppI amt Alabama, where there
pioeH of 2 to S degree* along the
Shi»«» occurred In nearly all portion*
*"ttna region during the week, ex-
<[ ; .t thoro waa no rain In ear tern and
Km Oklahoma and Indian Territoim.
athtrwtern Arltanaa., northwest*™Lqnls
„a .nil the extreme northern pert of Trx-
I n"moon 1 and 3 Inehe* of rain fell
different portion* of the cotton reglou.
id Vwro thin 2 Inehe* fell nt a few sta-
The greatest rain fall occurred
n .rnitlienntern Alnhamn.
In the late trading the market devel-
,ed a flrnter tone and prices scored a
!nrp advance, the close being steady
« S to 13 point* higher.
Compiirnllve receipt* at all U. B. porta:
,t receipts Tuesday 2,i61
ime day l*»t year
Perrenw yS
Dtnt receipts for three days 8.357
line day* last year
pcnvane
,t,l receipts since September 1 kJM.Wj
,me Mine last year o’SJ’SJ
Estimated receipt* Wednesday: ^
sw Orleans J® 5SJ
Movement at Atlanta: •
fwlpti Tuesday *
une day last year
Decrease t
ilpinents Tuesday N°no
ime ilny last year £}
Decrease 25
lock on hand Tuesday
ime day last year LJJJ
Increase Z*W-
8P0T COTTON MARKETS.
rerpool, quiet; middling upland* 7.23.
tlantn. sternly; middling 13%.
i>n York, steady; middling 13.45.
i*iv orlean*. easy; middling 13%.
agtwtn, steady; middling 13%-
Itlunnh, steady; middling 124.
imphl*. steady; nilddUnf Uc.
•Irntoii. quiet; middling 13116.
Mrlefton. nominal. .....
'llalngton, nominal; middling 13%.
offnlk. Arm; middling 13%.
:. Louis, sternly; middling 114.
dtlmore, nominal; middling 13%.
wton, steady; middling 13.46.
klUdtlnhlu, steady; middling 13.70.
oldie, firm; middling 12%. ....
'union, steady; middling 13%.
Indnnatl, nominal.
julsvlllc, steady; middling 12%.
TODAY’S FORT RECEIPTS.
be following table shows receipts at the
is today, compared with the same day
NEWS. AND GOSSIP
of the Fleecy Staple.
Speleal to The Oeorglan.
(Prom Hayward, Vick k Clark.)
New fork, July 8.-J. 8. Ilaehe & Co.:
htWrpool Was duo *14 to C% lower on near
qnle . I |
7.23; sales” 6,000, American'V-WoT^peiuTlatiou
and export. M0; Import*, 7,000, including 6,.
000 American.
Liverpool Is easier, and with cloudy and
threatening weather in Texas we took for
lower prices. This moisture Is Just what
the crop needs. We think there will lu
some liquidation by long*, especially by the
Southern bolder*. Pit trader* here are In
clined to maintain n scalping position only.
This market Is entirely subject to weather
chances and the map forecast should be
followed closely.
Cotton ojiened easier on cables and re-
ports of rain In northwest Texas, but rnl-
Iled on buying credited to Liverpool through
turn. Not much pressure on market.
following are 11 a. m. bids: July 12.23.
August 11.95, Heptember 1.84, October 12.01.
January 12.10.
Now Orleans, July 9.—Hayward, Vick k
Clark; Weather conditions so favorable In
the belt that the market will need continued
support to hold; then expect more
tlon and lower for the time being.
Heather map, complete, indicate.
rain and cooler for western and central belt
Heather prospects favorable.
Colonel E. S. Peters of the Farmers'
Union of Texas says: “The member* of
the Texas branch of the union, having a
membership of over 1.000.000, of which 250,000
are ln Texas, will meet In August to agree
about a minimum price for cotton. It will
probably be 15c, which, he says. Is less than
12%e Inst year, taking Into consideration the
enhanced coat of labor, mules, * ■§ ‘i
supplies. I do not believe “
will exceed 3,000,000 bales.”
N>w Orleans. . , ,
Ualrratnn
Mobile
hrsnnnh
ftarleston
Wilmington. . . . , ,
Norfolk
Baltimore
Boston
Philadelphia
■•a
"??6i— ttS4~
INTERIOR RECEIPTS.
Tho following table shows receipts at the
interior towns today, compared with the
wni** day last year:
Houston
Augusta
Memphis
$1. I/mis
Ctu«*lnnntt *
Total. . . .
1216
i
-asr
<3
948
90
SsT
HAYWARD. VICK A CLARK’S
DAILY COTTON LETTER.
,&» "rlrun., Jnly I—Attar the aueoreaful
•nJi yesterday of weather conditions
S.T* l “ p,r Influence on prices the traders
ikm,LiV 1 'vnltlnjg mood this morning and
,5- firket was dull and Indifferent during
y arst hours. Liverpool follow*! the de-
I °5* ,n,n «t trades hero were at un-
«h*7r*-» and covering by scalping
,nnVt. «! ,h “ market with «>crational small
„• "‘‘ather ctindltione during the paat
'IT* *'* r e very favorable. Showers cor-
Ui* th " rnt *re western,half of the
Str.t S . •hou^cra oceotred In the
Oeneraly fair and warm
tart!« l' rpv »*b*d In the west. Tempera-
lib l ” w, r l«» the middle and western
^ are for further proclplbttfon
RSaJj- 'Vltb such favorable weather
I* iiiJii. fo , rt ber Improvement In the crop
'v hMKl Ot anil eonawiwntty
tarart T ? t ’P n t° <**P««t more than tern-
L.I* *l™n* In the market for the time
n •*7 , *t yk- market ateadled to-
lu wiiiV ' ,|nc k. tne hoar of pulilleatlon of
X,. v''''-filler report
kZ ’"L July 57 8. Darhe *
i la.LJ 1 ’ from Liverpool broudit u»n
01*11.7 ' I-aleX. tint the late month* were
Artner. a E oort ilenuml for the
•oil J JL nl0 1 n,,,, w** nnrovereil n* the re-
*» ■** I'uylns- The uup
hln. TV,,'] ’. Mm tore-nut w»« for
tai|.n In fepnrt ahowed preclpl-
T,I *a The tendency we*
there «•. '• l "" ,n view of the foot that
*»nkl» ,E* bnalnewi to nmount to
t'r 11.?,.''“ IJnctnntton* were within nar.
The weekly weather report
Wti. ""i moHtnro neeilM In the
Tin. n U r?"’ wn* favorable.
ap4nt.ii, m lo °. narrow to express an
m nn The activity seems to peter out
GOVERNMENT WEEKLY
REPORT ON WEATHER.
Following Is the government weekly crop
and weather rej>ort by statea:
Alabama—Mean temperature and percent
age of sunshine were nearly normal.
Showery weather prevailed during the first
few days, but the rainfall was unevenly
ter part of the week was fair, with mod
erately high day temperatures.
Arkansas—The weather was warm and
oek was rululess. The rnlnfull was gen
erally deficient, many. western counties re
ceiving none. The sunshine was above uor-
mat.
early part of the week and In the north
ern portion during the last few days. Oth
erwise the week was cooler than usual.
Frequent rains occurred In the eastern por
tion. hut the weather was mostly ury,
with ample sunshine In the western por
tion.
Georgia—The temperature was nearly nor
mal durlug the first live day* of the week
nnd decidedly above normal during the last
two, exceeding 100 degrees nt some statloif
On the 7th. There was cloudiness wltn
frequent showers until the 5tl». *h« remain
der of the week belug fulr. wl \ sunshine.
The rainfall wns above normal in the
trnl mid southern sections.
South Carolina—The forepart of the week
was unseasonably cool, but tho latter part
was very warm. Scattered showers oc
curred on the 2d and 3d. nnd In the ex
treme northern portion on the 4t!«''but tho
•erage precipitation was below normal.
- —ihlne was slightly
*k wi
The sunshine was slightly Mow normal.
Louisiana—Tlie week was generally hot
anil dry. The menu temperature was near
ly normal In the northern portlou and
above the normal In the southern. Scat
tered light to mode rate' showers fell during
the early part of the week, relieving the
drought to some extent In a few localities,
hut rain is badly needed In mnn r -
The sunshine waa above normal
Mississippi—Copious showers were gener
al on the night of the 1st and the tnorulng
of the 2d, the rainfall Mug heavy in n
few northwestern counties. The remainder
s generally elenr, with nbun-
mean teraperaturo waa
Edited by
Joseph B. Lively
MARKETS
Mr. Ltraly** twenty-Ot#
years* experience of ed
iting markets in Atlanta
and the South has made
him a recognised au
thority In bta specialty.
RANGE OF NEW YORK STOCKS'AND COTTON MARKETS
FA MR OF KrOfUL
AtuaJ. Copper. ....
Am. Ice Securities. ..
Am. Sugar lleflnory..
American Smelting...
‘ i. Locomotive. . • •
do. preferred, . . .
American Cur F, . . .
American Cotton OIL .
Anaconda
Atchison
do. preferred. . . .
Baltimore & Ohio. • ,
'.111'Nit.l-hjil! »V \J* 10. •
UniiAdlnu Pacific. ...
Chicago A Alton. . • •
Consolidated Gas. . .
Central Leather. . . •
do. preferred. . . .
Colorado Fuel & Iron.
Corn Produce
Colorado Southern. ...
Delaware A Hudson. .
Denver & Rio Grande.
Distillers' Securities. .
Erie
do. preferred. . . •
General Electric. . . •
Grant Western
Great Northern pfd. ..
Illinois Central. . . .
Interboro. . ......
do. preferred. . ..
Kansas k Texas. . . .
NAMB of stock.
Kansas & Texas pfd. . ,
Louisville is. Nashville.
Missouri Pacific . . .
Mexican Central . . .
New York Central . .
Northwestern
National Lead ....
Norfolk and Western • ,
Northern Pacific . . .
Outarlou St West.. . .
Pennsylvania
Padf ** “
b?i
Rending • .
Rock Island ......
do. preferred . . .
Itepub. Iron Sc Steel .
do. praf.
St Paul . . .......
Tcnn. coni and Iron .
Texas Pacific
Union racing .••»..
U. s. Rubber. ......
do preferred . . . .
U. H. Steel
do preferred . . • . ,
Western Union ....
Wabash
do preferred .
NEW YORK.
The following la the rang* In cotton fu
tures In New York today:
Its
all 1
II
July
Aug
Sept
Oct
Nov
Dec
Jnn
Feb
March. . ..
12.26 12.28 lEK
lt.90 12.04 11.90
U.83U.96N1.81
11.95 fl. 1111.96
iiamuii'OT
12.87 U.23 12.06
liistii'asiij'.id
l2.27IU.aui6
12.04 12.0804
11.94 11.94-95
12.10 1211011
12.06-10
12.15 12.15-16
12.21 13.21-32
12.25-27
12.82112.31-32
J.iO-23
11.94-96
11.85-86
12.00-01
11.96-97
12.02
12.06
12.12-14
12.18-19
Closed steady.
LIVERPOOL.
Intil-Ms
Closed
NEW ORLEANS.
The following Is the range In cotton fu
tures In New Orleans today:
1 e
1 c
*
C
1 III
I
July.. . • ,113.20
Aug
.Sept 12.64
Oct 12.25
Nov
Dec. . .1118
Jnn 1122
Feb.. . .-.(
March. . ..122.48
1120113.17113.17
12.7712.6212.77
12.39 12.20 12.37
12.26 12.15 1123
114W113112.37
i2.48iul48|liL43
12.97
1177-79
12.37-38
12.3136
12.23-24
12.39-4)
12.43-45
12.46-46
1133- 35
1195-9/
12.64-46
12.26-26
1121-23
1119-20
12.25-20
12.29-31
1134- 36
Closed steady.
NOTES ON GRAIN.
Pointers on Provisions.
Hinunnrt*
rnrflclal.
al. The
normal.
moderately heavy In tho extreme
northwestern nnd east central counties.
Oklahoma ami Indian Territory—Warm,
dry weather prevailed. Tho mean tempera
ture wns nearly normal. Tho skies were
clear daring practically the whole week,
there being no precipitation except light
scattered showers In the eastern and south
ern counties 1he first pnrt of the week.
moderately heavy, but Mug generally light.
The remainder of the week waa generally
clear. A high percentage of sunshine was
recorded. ....
Texas—The precipitation was deficient
over the greater part of the stnte. It was
normal In the Panhandle nnd greater than
normal In n few northern and a number
of southwestern, central nnd coast counties,
but there was little or none In western
counties snd over a broader area nlong
the onstern boundary. The sunshine wn a
ample. The temiHTftGire wn* normal or
•lightly below. The maximum exceeded 100
degree* In various localities at tho begin
ning of the week. "
ATLANTA MARKETS.
FRUIT AND PRODUCE.
EmfToyLTRY—HWU. .ctlT., t7UC40c;
fi^i'iakTiras. Turkeya dull!
S&Ktf, fib
pound; bVn>, lMTHc pound; duck., drawn,
»Ucin;.rd. ]2e 5? U “'J,Vi.V’lOOHf
live 15c pound: ahonlder* active 10«llf
Son”, hrl*ht. nrllvc, 10cj>->iin.l; hoowjr In
KLra TOTaff
®hfci l qsgJ8Ssr’i3Sf , !».
SSrc^'w&^m^r'poKSri’gow;
It ”5 crate! nkST *lx b«»k.t*, .mail, »oo.
kraut, Imli b.rr.1, 6.75: ruunmber*. 11.259
S.75 per crate; egg pl»nt, H.369L7L
GROCERIES.
mrE-J»P t«*Hc; be*d tO!c; f.ncj bnd
cent,:
st&^SfiorshSi
.ic-wm.toc* 2.pound, I2.W cn»;
ESSkTRksjS?f
S^nTn'd^ «rff»r , “i*S'rd: STStt
^Standard granulated, 6.20; f.w
tho declines, however. The big bull la-
Itt aro aoothetle, and In the meantime
ran ire within narrow limits. Think
on —
Merest s
prices
a'sc-'
ent.
WARD, VICK & CLARK,
8TOCK8, BONDS, COFFEE. GRAIN AND PR0VI8I0N8.
Carondalat and Oravler 8t», Naw Orlaana.
MEMBERS;
ptton Exchan go.
ton Exchange.
»n Exchange.
B Exchange.
HEA^JrNV^^TLcW^ERA'cARR.NGTWl
JIUVATE WIRES TO ALL-EQUiTfi.
William Burke, former mayor of Friend,
Nebr.. and one of the well knowu grain
dealers of that state, was In Chicago Satur
day. says tlie Chicago Record-Herald. He
made a daylight run from Lincoln, Nelir.,
for the purpose of forming his own opin
ion of the crops. He found the oats crop
very spotted In Nebraska dud rofy poor In
Iowa, where a number of fields t^ll never
1k* cut. He reports that corn In Nebraska
Is much further advanced than in Iowa,
nnd that the stand Is also better. The poor
stand lu Iowa, he claims, Is quite noticea-
b, \V. If. Perrlne had reports that harvesting
will be pretty well finished nnd thrashing
begun the latter pnrt of this week In Mis
souri. The quality will generally average a
l!ttlo poorer than Inst yesr, wlteu it was nil
No. 2 red. but he estimates there will proba
bly be a larger yield lu the stnte on account
of Increased acreage.
Winnipeg wire to Flttley .Harrell nay*.
"There has been, over l.fltw.000 btisnels or
wheat worked from this market lu the Inst
week, four loads by one firm this morning,
and good bids received from New York
shippers. Nothing new In situation. Tho
weather yesterday and today good. >
“Each week develop* the fact that th*
oats crop Is going to be n podr and short
one." says J. II. Wrenn Sc Co. "The forth-
coming government report should show n
very low condition. With tho new crop de
liveries selling nt a discount under tho old
crop, nnd the new crop going to be shorter
tbnu the old one, nnd another short hay
crop, the oats situation appeals to us as
being very strong."
Government crop roport. according to no
tice received from Washington by Manager
Anderoon of Western Union exchange office,
will be Imum at 2 p. in. July 10. It wll
.bow corn ncrea*- plnntwt In th. Bnttea
Stnte. In 1907 end condition July L 1907;
winter wheat nnd aprlnit wheat condition
July 1: all wheat condition July L WO';
amount of wheat In farmcra’ hand* on July
1, 1997: oat*, barley nnd winter rye condi
tion July 1. 1907; pntatoee nnd tobacco acre
age pl.uted In United Mate* 1907 and con
dition on July 1, WOT.
Kin* & Co., Toledo, wired: -Mliaourl
July com condition 77, Jnn. 1, 74; one ymr
ago, 84; October, 90; and crop 223,OW.OOO
bnifaela Gml acreage plantmr noribwe.t
pnrt .Into, the largeat com conntlee lietter
than lent year. TJat. condition VS.. In«t
month 75, reer ago 62, and crop 22JM0.1MI
limbcla W heat tmprored near June. E.tl-
mnted yield per acre 1M bnahele, only one.
tenth lean than eatlmate year ago at tbU
time, 2.181,900 acre, to be harveeted, barren
two week* later than hut year.'
Van Irunen Harrlngton wire*; "No changt
ln tmrthwe.tcra coudltlona. Weather qnltn
favorable."
V ^FFWo?OTV«r , AVbVi 0 kJ«^8: bulk in
*Vbre«d l ed*biaertJj¥Sff.i No. J rolled oeta
n caae; eack gnta, 98-potind haf*. Eft
ervter., full weight. »2 ca.e: light weight
tflO c.ee; pepper, 18c lb.; baking powder »
ii'.e- red Mlmon, $5 cum; pink rnilmon, 24.23
cocoa, 40e; checolnt*. II; muff. Mb.
mm,’48c; roaat beef. 22.80 en*., comi-l tieef,
|*-» ■SlfcWs
PROVISIONS.
pnOVISIONR—Sapreme bam., 16c; helllea
•Wi’r, pound, average. 1.79; fat hack., Ic;
Supreme lard. 9’i; Unrlty emnpeund, «,
cSFlfornla bama. 10c; dry aalt extra riba.
9.10.
FLOUR AND GRAIN.
KI.OUR—Hlgheat patent, {JOT Iwat pat-
.nt 2M0; atandnnl patent. 24.7(| half pat.
Vll 4 •hi t-
No. 2 ysllow. 77c: nnxwi. 4bc, cr
itush<*l. 7V: hulla. $13.50.
'chicken EEEli-t'lfty-Ponnd
Punln chick feed. »•»: HOTOf
sack., IOT
rum- • 6a*d76L6$;
SSiMMUtiui
*'HAT-Ttmotby. ckolc* large htlee. 2L40;
S?ifd c f7i7i. T*; no m> Atir* s„ o ,?;-
n s“io^< P h™l^'ww2 : ^?T;t*n.‘whi 1
$1.50; fancy, $1.50; brown (W to 100 pounds
It to.
. white
100 Pound*),
’’cOTTOJ? SEKI> MKAIe-I-rlme per ton.
128,00; No. 2 per lob, 228.00: hull* per ton,
* Sl * FISH.
FISH—Bream 7c ponnd: mnnper 19e
pound; troot 8c ponnd; hlno deb 5c ponnd:
iumpaap. 28c pound; mackerel. 12|jc pound;
lalxsd fish# 5c pound; fresh water trout, 8c.
STONE & CO.
Candier Building.
ATLANTA, GA.
Tickets From
...and...
To Europe.
We are Agents for all Principal
Railway and Stenrrohip Lines.
WHEAT LOST A CENT
IN EARLY TRADING
Prices Rallied Later To
Point a Fraction Above
Previous Close.
Close.
Chicago, July 9.—After an Irregular
nnd unaettled aesalon wheat cloaed 1-8
9>t-8c higher for the day. Corn cloaed
l-89>3-8c lower, oata up l-40>5-8c and
provisions 2 1-2912 l-2c better.
The offering* of new red wheat from
Ohio and Indiana were the largest of
the crop nnd the shipment* were heav
ier than on any previous day. Kansas
City and other points In the aouthweat
were offering new crop here In In
creased quantities. Liverpool reported
larger offerings of red winter wheat
there by America and prices 11-89
13-4c lower In consequence.
CHICAGO GRAIN MARKET.
Chicago train
for todny are a.
y'.terday's dose:
WHEAT-
July— 9188
Sept.... MS
Dec.... MK
COltN-
Jiily.... 64
fc s*
OATS—
July.... 43%
fc »
PORK—
July
Seat.. 16.17% 16.
LA RD-
July... 3.80 8.
Hspt... 8.92% 8
Oct... 8.97% 9.
K1US—
Julv
Kept... 8.60
Oct... 8.56
SHI
S h I s
1111
.... 18.16 18.90
28 16.13)4 18.35 18.17)4
1.80 1.77)4 8.10 8.77)4
1.97*4 8.93H 8.974 8.96
1.034 8.07)4 1.03)4 ....
i!87jt i!<o SiSTI
1.67)4 1.66 1.67)4 ....
THE 8UGAR MARKET.
New Turk, July 9.-Ilellned sugar reduced
10 point* this morning by all r.Bnera to
14.80 net. lea* 10 per cent for cart for fine
granulated.
THE LIVERPOOL GRAIN MARKET.
>rn opened
If. Cloaed >
NAVAL STORES.
gpeelnl to The Oeorglan.
Hnvannah, Jnly 9, -Turpentlne (Irm at 68H;
■lie. 425; receipt, l.ttd.
Ho.In linn! Mle. 3.154; receipt. 4.W; wln-
THE METAL MARKET.
boat me Hat.
Copper was rednee.1 from 14®V l>«r
IMiund. while tlafoll loaf )4c.
Spelter kxt 5 point* and lead 10 points
COTTON SEED OIL MARKET.
Following te gtvtn the opening and cloetng
of the New Vork cottonaeed oil market:
Opening. ( Inslug.
Jnly SQMhR Kg’
Septeroiier 5*8. .. fL.SSP*
{- fl{3
November ''- 1 *■' 'J'.U'JH
fl.nniher ....... HJwli livid.
.w—w. .. __ v— — .li — -" i■. at tl*. Ti
sales 2JOOb*rrel.. Clo.^-,1 .teady.
SefKe'mlier"ai'|A.l l ! l > Qetobet
tolwr at 63. LOOT December
' ' -wbarreb
THE GEORGIAN AND NEWS
will bo aent to anybody anywhere for
any length of timo by notifying tho ole-
eulation department Phene 4628,
Standard 4401, 45 cent* per month, 10
oente per wook.
WEATHER REPORT.
WEATHER CONDITIONS.
With, the exception of small areas of
cloudiness, clear weather continues over
most of the map. Showers have occurred In
the lust 2t hours til Texas, Alabama, the
Davenport.
The Mil. __ .
valley and the stnte* east to the .
thunder showers.
COTTON REGION BULLETIN.
For the 24 hours endlns at 8 a. m., 75th
meridian time, July 8, 1967.
Mss.* Min."
^Atlanta, clear. . . .
’Chattanooga, deer.
Columbus, clear. • .
Gainesville, clear. .
Greenville, dear. . .
Griffin, dear
’Macon, dear. . , , .
Monticello, clear. .
Newunn, dear. . . .
Home, dear
Spartanburg, clear.
Tallapoosa, elenr. .
Toccoa, dear
West Point, cleag, ...
•Minimum 'temperatures are for 12-hour
period ending I a. m., this date.
„ ... nBAVY RAINFALLS."
Ballinger, Tex i.6f)
BeevIlTe, Tex 1.6Q
DISTRICT A VEKAOKH.
TIPS PLASHED
From Wall Street
Special to Tho Georgian.
(From Hayward, Vick k Clark.) _
New York, July 9.—J. H. Baehe & Co.:
London market for Amtrlcnus Irregular, but
generally lower. Home market heavy un
der Itffluenee of settlement protlt-fsklng
yesterday, which was well absorbed.
Tho market may experience a further
setback, but no serious decline looked for.
Tho exportation of gold will probably con
tinue. There Is less talk ef Japanese trou
ble this morning. The government report
tomorrow. 1* expected to be more favorable
than the June report.
Ranking Interests nro not extending *nv
support to market, nnd the bull clique act
ing on their own Interests.
Today should be a good test as to their
sbtltty to hold the market nt present
prices. Outside business la not large.
Town Topics: While we are bullish on
the good stocks, we would not be In too big
a hurry to buy, ns the profit-taking move-
"* likely run a little further with a
* * * - -• pi (he lending Is*
inlgsiunted will hi*
will likely keep up
better than* such Issues as Union 1'nclfle
and Reading. The market, however, la at
decidedly on the upward trend, which will
not glvs pise# to any reactionary develop
ment of pronounced fmportanco until levels
considerably higher aro established, tor-
elgners are lesa bullish ln view of the re
newal of gold export* and the weakness of
our surplus reserves. But the situation la
sound lu the best banking opinion, ns gov
ernment refunding operations will restore a
large portion of the public dej>o*lta with
drawn. nnd thera should »»• from now on a
greater flow of currency from the Interior.
That the crop prospects continue to bright
en Is evidenced by price changes In the
commodity markets.
Aununl reports of corporations will cause
optimistic comment, and there will b® con
siderable talk of enlarged dividends, espe
cially for Steel and Southern Pacific. Th®
1IUI issues nr® In constant good demand In
anticipation of the mnch-dlscusaed Burling
ton deal.
Among the low-priced Issues Erie should
not be forgotten, ns this company Is In bet
ter shape than for months.
Southern Railway, Missouri, Kansas and
Texas. Kansas City Hootbern and the Rock
Island group should also bo much better.
On the reaction* todoy or tomorrow lend
lug stocks should be bought at least for
Cotton Is n buy on reactions of 10 to 15
points, but don't buy wheat excer*
further sharp break nud then onl
eat profits.
New York Financial Bureau: Develop
ments will encourage the reactionists, and
It Is likely that further bearish operation*
will be experienced, coincident wltn Irregu
larity, but this Is a natural recession, de
spite the news, nnd we would commence to
buy staudard active leaders after u drop of
2 to 4 iHdnts from the top prices, according
to the fluctuations of each specific Issue,
some haring a wider extent than others.
There is reported a large nmount of stock
for sale lu Amalgamated from 94 to 97, and
professionals soil It on approach to that
level for tnrn*. On the reaction we think
Smelting may be Might for tnrn* nt least
when weak, aa It hns not had an especially
large recovery. The trend of Atchison la
upward, and It ought to bo abb* to roach
the level of 95 on the next rail* *♦ 4
that price stock will bo encountered, ac
cording to our reports.
THE COFFEE MARKET.
Declines of Small Fractions
to a Full Point Were
r. Noted.
BUSINESS WAS LIGHT
There Was h ■'Slight Im
provement About Midday,
Led by St. Paul.
Now York, July 9.—Coffta rablos:
Hnvro at 10 a. in., murket qulot; Mle,
0,9a?.
Ttitmliurg 10 a, m., market uuchaaginl;
sale. 28.09a.
Rio rooolpta 7,000.
Santo, receipt, 20,000
Soo I’aitln reeelpl. VJ.000.
Jundlahy receipt. 21,990.
The following kgorea give Ibe opening
range ami Cloee of tbe New York euffve
market today:
New Vork, July 9.—Price* went lower
In this morning's market partly In pur
suance to the reactionary tendency
which developed yesterday and partly
ln consequence of the disturbing news
contained in the dlopatchee from Wash
ington. Prosecution of the tobacco
trust had of course been expected, and
that the announcement had been pretty
.well discounted wa* ahown by the fact
that the tobacco aecurltlea were no
weaker In today', dealing* than the rest
of the Hat. Out tho suggestion that the
tobacco suit might mark the beginning
of a new and more radical policy of the
government In treating tho corporation
question waa calculated to cause mis
givings. It served to fasten attention
again upon the reckleas and Inconsid
erate attitude of the administration
which has done so much to shake con
fidence in security values during the
past hIx months.
Prices opened down sharply and con
tinued to fall for the flret hour and a
half, the speculative lenders like Union
Pacific lending and Copper losing three
points and more from yesterday's high
points. At the end of that time some'
evidences of support appeared whllo
the liquidation on stop orders seemed
to have run Its course. At mklday tho
list had recovered fractionally all
around. . •
New York, July 9.-Th» stock market waa
■uhjectcd to reaewed pressure at the open
ing. which caused racetaloua ranging from
■moll fractions to n full point In Union
Part lie autl Great Northern. Northern Pa
cific and Amalgmnnfsd declined V Southern
Pnctllc ti, Nt. Paul, Rending, Peunaylraula
Slid Brie <A to H per cent.
July .. , .
price on Georgia Railway nnd
85 r* “
rfif
m
3Sr
CENTRAL
STATION.
Atlanta. . , .
Augusta. . . .
Charleston. . .
Galveston. . .
Little Rock. .
Memphis. . . .
Mobile
Montgomery. .
New Orleans..
Oklahoma. . .
Savannah. • .
Vicksburg. - .
Wilmington
Trchr:
ill
4
¥. indicates latonraciabt® ralu&IL
S tsttrday. ”For 24 hours vodlug I
th meridian time.
Ramarka.
The temperature remains stationary
throughout the b®It. Changes of 2 degrees
have occurred at but few stations, ltaln
lias fallen In all seetlon* except Atlanta,
Augusta and Charleston.
J. B. MARMHIY.
Section Director.
WEATHER FORECAST.
W.rttngton, Jaly 6-Foreeaat uatll 8 p.
m. Wedueiday:
North Carolina and South Carolina—Fair
tonight an t Wednesday; light to freab west
to southwest winds, _ . .
Georgia—Fair tonight; Wednesday partly
cloudy, prulwbly local .howera; light to
fresh lo southwest wind*.
Ka.trrn Florid., Wctern Florida, Ala
bama and MlMtadppl-Fnlr tonight; Wed-
nendnr local .howera: variable wind..
Lonl.lann-Falr tonight; Wednclay show
er.: light rnrlehl. wind, on tk. roset."
Kn.leru Tea..—JHmw»ra In northern, hlr
In rootbern portion tonight sad Wodne.
day: wanner tonight In the vicinity of Abi
lene: light to freab Motherly wind, on the
"weitera Texa.-Palr tonight »»d Wed-
“oiluiioma, Indian Territory and Arkaa-
■t.-Thunder .bowers tonight and 8 edaes-
day.
LIVE STOCK MARKET.
•teady;
helf.ra
bee ve*
^jS?iwapaanBB
Wouldn't It plosse you to road all tho
news ovary day whilo you aro H vacat-
inoT" Order over 'nhone 4923 or by
letter to tho circulation department
Tho Georgian and Nowa sent you.. 45
cento a month, 10 cents a week. No
January .. ••
February .. .
March
April
May
June .. „
July .. .. ..
August i. •• .
Hcptcmbcr ..
October .. ..
November ..
'comber
Opening
Ranee.
.,5.45-5.45
..6.80-5.60
..5.56 5,00
..5.60-5.65
..8.08
..5.60
..5.48-5.55
**.5.45****
..5.40-5.50
..5.35-5.55
,6.45-8.60
iM'i-mnrc .. .. ». ..... ..u.w>-t
Closed steady. Bales 10,600.
rim*.
5.50- 5.85
6.50- 5.65
6.55-5.60
5.55 5.65
8.65- 5.70
6.65- 6.70
KBS
r.. i *u
6.40- 5.45
6.40- 5.4*.
6.45-5.50
MINING 8T0CKS.
Boston. July 9.-Opening: Baloklala 10%:
North Butte M%; Ilntte Coalition 27%: Cop.
saJSMSi »«
Huiultlug 43)4; Trlulty 27. Marknt Irregular.
THE LONDON STOCK MARKET.
gc, and tbe uutcoue
cal from Ihc vlewjudnt of the tunny,
though technically effective In m far a. n
few operators were cuacorned. lu the
hruadur aspect of the altuallmi. the luial-
lion of the staple has undergone little
change. Crop condition* long ago combined
• galiiit a full ylfld at a time when a full
yield will bo needed, but the profctuilunal
•peculator rather than the producer and
consumer I. apparently lemiwrarlly tarnpee-
Ing with destiny, consequently come of 111',
hlg Issues are Iwlng mails light of, wbllu
Home of tbe little onea are belug inagnlllnl
Into monntalns. Time end the taiae of
.pot cotton will reduce all price luBiicni c.
to Ihclr proper propcwtlooa, Meenwhllc.
the city farmer tuny play the game lu hi.
own .went way, .ml Ibe outsider will not
pretest vary vigorously, for th. reason that
hi. Interest Is now too smnll to Inspire ac
tive defense."—Hayward, Vick k Clark.
BUYING 8TR0NGER IN MEN'8
WEAR WOOLEN AND WORSTED.
Thg New York Commercial: In the men',
wenr, woolen nnd woreled trade. It I. .tatwl
that Initial buying for the spring of 1908
Is tiecoming strong p ns clothier* and cloth
Jobber* come to look at the medium lo high
er grade fabric*. Since tbe npenlug of the
new month lines ot all-wool men's .lilting,
bnvo been shown by a number ot lending
agencies nnd the hnlanre of the month will
lie devoted to completing Ihc showing of
tho woolen nnd medium grade worsted
line.. As Ihc price of knitting yarns con
tinue* to strengthen, il-mufnoturers of knit
gnnde are marking up their prices on the
completed products. They report trade a,
steady and ara convinced that tbe coll for
4% UNION
4%
SAVINGS BANK
Gould Budding
CAPITAL 6T00K • . . 1100.000.00
——1 RESOURCES AOf
4 /o stso,ooo.oo <4 lo
Anaconda •
Atchison ..
do, pr*f#rrod .. .. .
Baltimore nud Ohio .. .. .. .
<'hleauo nnd Great Western.
('anaiflan PaelAe
Erie
do. proferrw!
Louisville ami Nashville ..
Mexican Central nreforred
New York rentral
Norfolk ami Western ....
I’euuf/lvaula .. ...... ..
l*tiltn<V>lphln and Beading
Rock Island
Southern Pacific
Southern Railway
do. preferred ..
Bt. Paul .. ••
Union Pacific
Unltefl Btntes Bleep., i. ..
Uo, preferred
Wabash preferred
underwear, hosiery and novelties trill take
the foil rapacity of Ihclr plant,. The with-
dr.wnl of lending Hue. for next spring has
•tlmnlatetl buying pn the gooda it III avail
able. Jobbers are well nullified with tletf
success In getting suhstnlltlul sltigillrmte <or
der. Bcceplml by Itr.t linnds on bleached
goods before tho new prices came Into er-
?,-ct. Advances of 14e on irnirer of the well
known tickets are now demanded by sfents
aud tardy buyers In tbe Jobbing
tliix-up trades must cover at the top level
of price#. Mrn li comment Is belli* imul®
on the action of th® Textile Importers A*»
social Ion lu Hernllu* n
Roosevelt on the German tariff nicreeuieur.
The protest of the lmi M »rt®» coUidfit**
with that of American inanufacturara 'who
object to tbe preferential duties to b« ac
corded German products.
Buying for Next Spring.
In the print doth trad® much ratlsfac-
tlon Is expressed over thefnetthat printers
have com® Into the market with fall con
Silence for imrrow .md wkle jreod. for dc-
livery es far ahead as May. 1806. The spot
nnd nearby transactions, in nraotar. nsr-
row odds nnd wide cloths ara ot smaliroi.
ume because of the acarelty of ajrrcUan
dl»*>. It Is certain that frprn 29 to S PJ*
r rnt more good* eonld l»e disposed *.l tit**
vailing price* If they were now avallaDh.
The outlook for Increased product|r>n on
nrint rlotha thin fall Is none too bright and
ft Is this fact that leads to such strong for
ward buying by printers nnd comerters.
DON’T GET LONESOME
when away. Just orefer Tho Georgian
and News. Sent to your new address
daily. You will have a real vacation if
you do. 45 cents a month, 10 cents a
week. Phone 4928 or writ© circulation
department, The Georgian and News.
No trouble to change aCdreas.
r
ATLANTA NATIONAL BANK
ATLANTA. GA
C. E. CURRIER. Preaidant. H. T. INMAN. VIce-Pre.tdonL
GEO. R. DONOVAN, Cashier.
JAMES 8, FLOYD, Aialstant Cashlsr.
$500,000.00
$650,000.00
Capital
Surplus and Undivided Profits
We Solicit Your Patronage.
ALONZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building. Bell Phone, Main U
ATLANTA. GEORGIA*.