Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, July 09, 1907, Image 11

Below is the OCR text representation for this newspapers page.

£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*.