Newspaper Page Text
THE ATLANTA GEORGIAN AND NEWS.
wmmmmm*
THURSDAY, JULY 1J, 19*7.
mn
a
HLW OU
C#DSED_ DICLIHE
Cables Were Lower and
Weather in the Belt
Was Favorable.
rallied AFTER CALL
Again Sagged Off, Prices at
Midday Showing Sharp
Declines.
Jim market there was considerable realis
ts la evidence. Induced by lower cubic.
IKm Liverpool nnl fenerollv (irornble
5»V'r throughout the belt tow.rd 10:JO
7” the market rose a couple of point, on
covering by the pit.
In the late trading the market dle-
niived considerable weakness, and
trices worked rapidly downward, the
close being within a point or two of
the lowest of the day. The closing tone
leas barely steady, net 10 to 24 points
helotv Wednesday's final figures.
Compsratlve receipts at all U. 8. ports:
Vet receipts Thursday 1,1
Line day last year
Decrease
Total receipts for five .9,173
Btme days last year
Decrease
Total receipts since September 1....9,738,379
Same time last year I'Tm'Sm
Jncreiiae i,045,903
Estimated receipts Friday:
2,422
yew Orion ns
(Ml ronton ....
Houston
1907.
300 to 500
, 350 to 450
300
SPOT COTTON MARKET.
Liverpool, quiet; middling upland* 7.17.
Atlanta, quiet; middling 121316.
»iv York, quiet; middllmr 12.90.
y>w Orlenn*. quiet: middling 1213-16.
Augusta, steady; middling 13%.
fJuvnnnnh, steady; middling 12%.
Memphis, steady; middling 13c.
Galveston, quiet: middling 13c.
Charleston, nominal: middling 13%.
Wilmington, nominal; middling 13%.
Norfolk, steady; middling 13%.
gt. Louis, steady; middling 13%.
Baltimore, nominal: middling 13%.
Boston, steady: middling 12.®.
Philadelphia, steady; middling 13.10.
Mobile, steady: middling |2%.
Houston, steady; middling 1215*16.
Cincinnati, nominal.
Louisville, quiet; middling 13%.
TODAY’8 PORT RKCEIPT8.
The following table sbows receipts at tbs
porta today, compared with the same day
Ust year:
New Orleans. .
Galveston. . .
Mobile
Savannah. . •
Charleston. . .
Wilmington. •
Norfolk. . . .
Total.
NEWS AND GOSSIP
of the Fleecy Staple.
Special to Tho Georgian,
(Prom Hayward, Vick & Clark.)
New York, July 18.-J. 8. tlnche it Co.:
Liverpool was due 6 to 10 points higher on
nrur and 9 to 9)4 higher ou alstnnt positions.
Opfbed steady 8 higher on near and 8)4
higher on distant. At 12-.1B p. in., steady
net 9 points higher for near and'8 to 8)4
higher for distant positions. Spots quiet at
8 points higher; middling, 7.17: sales 6.000,
American 5.400; speculation and export, 600;
Imports 9,000 bales. Including 7,000 American.
_ JOT r, *<’ e, P t * estimated ut 1,600, agaiust
2,422 Inst year.
Liverpool slightly lower than due. The
strong market yesterday brought about by
lexas traders win* take a bullish position on
f ol !£ u . t l‘ ro U#h the unfavorable conditions
tn their state. This new element may sue*
ceed In turning the.market further upward.
Weather clear nnd hot; very little rain.
Look for fir*' *
According 81 | |
next report on the condition of cotton will
be Issued h—“—* i— j * * gg
on Friday, .... ...
will consider the condition of the growing
crop only.
American and Journal says: **T. II. Price
would
old Nlpplslng t
true to their Instiuets. they selaed profits
long before it got to 14e. nnd a lienvr I*
resulted. Mr. Price was put in the i
of l»et raying the public, and in Wall atreet
It Is rumored that he uctually managed to
f et short Just In time to profit by the break,
le nut out a dismal forecast or the option
markets yesterday and the trade Imagined
he was trying to cover his shorts. Result
was sharp advance of 15 points.”
Scattered realizing nnd commission house
selling with professionals Inclined to look
on. The Price people have doue little as
yet. but their talk is still bearish. Hard fo
form an opinion for the day, but thluk It
is folng higher.
New Orleans, July ]*.— JlnywnrJl, Vick A*
Clark: New York bulls not showing up to
day. Market Is getting weak and taggiug.
Weather map complete. Indications point
to stationary conditions, partly cloudy tc
fair weather. Scattered light showers here
nnd there. Very fnvornbte.
Tnylor. Tex., wires: “Undoubtedly the
illl BCI-UBCAB, I Mf|n Illir 149 l»n H I Ml HUH II l i III
fact, greater than last year’s good showing.
Cotton Is looming up fine and will make
half a bale to the acre. Boll weevil’s pres
ence scarcely noticeable, and It will require
unusual activity to hurt present prospects.”
INTERIOR RECEIPTS.
The following table shows receipts at the
InterUr towns today, compared with tbs
same day last year:
Memphis. .
St. Louts. .
Cincinnati.
HAYWARD, VICK A CLARK’8
DAILY COTTON LETTER.
New Orleans, July 18.—Weather conditions
•nd outlook continue as near perfection as
roMlble. partly cloudy to fair weather
prevailed during the past tweir~ *—
*l»f the exception of a snm.. —
the Hantem belt, Vbere It was cloudy.
rcntt*Tf*d light showers occurred snd tem*
Pasture* are beyond reproach. Official
forecast promlaea generally fair weather In
the western and central atntcs. Under tho
circumstance* yesterday's sndden advance
apneara clenNy In the light of a professional
nght In New York, nulls made an attempt
to drive to cover a well-known leader nnd
following. Without asalstance from the
weather, this looks a big Job. If nothing
happens went her wise between now nnd
the 3th of this month, the next bureau la
likely * • -
ort and money to cover until i>ture comes
to the assistance with some crop accident.
This la not said In fsvor of the boar side,
i-nt merely to point out what our friends
have to w - * 1 - -• »- -
armed. ^
yesterday'ii rise in the 'American markets,
■nd was fiat through tho session. Ou our
*6®. everything Uanemta on whether the
professional fight In N«V York would ho
renewed today or not. We opened at aI*out
nnrhnrnred figures and all eyea were direct
*1 toward New York quotations. ‘
h'nve was made there up to 10
As no
— .. o’clock,
Prtces hero weakened .sharply to 12.14 for
October, people that only hang on to other
people s mat tails run quickly when things
not look right. That Is why auch an
•nvanee nerer appeals to the cotton man
proper nnd does not find the support nn ad
vance would imve If caused by an unfavor-
anie erop Influence. Forced moves often
prov,. premature. ArofiVl 12:15 room trad-
?« r V lrn ? 1 *»wy«*rs lu anticipation of a rush
uL) w ' or,Ci Th ® market for tho present
* r Kood scalping proposition for mod-
Jew Vnrk, July 18.-J. 8. Bache & Co.:
Ttje cotton market ruled quiet and the cn*
thualnsm of the Inst few minutes yesterday
•rternoon was not evident this morning.
rC 1 ? 1 nrtdd easier,' and opening prices
▼®re highest for the morning. Realizing
J7 rocont buyers who had no faith In the
P*rnifui.*nor 0 f the sdvanee brought some
•f' nnik Local beers hammered prices on
SL i! ,,tnu * 1 1100,1 weather reports. At tho
.2 ho J ,r - , wh#n Mlft» report m *•*
showing a condition of 76.2 per cent,
practically at the bottom.
S?** fKorea wer ® ** flwt Interpreted bear*
lit. k "l 1 lat * r r °^cr!ng of aborts and nc*
°. n the Ptft of the new bull In*
,orr fd a sharp advance In prices. A
arMcl * »>y Mr. Price, which wos
SJJJ 7 p «terday, did not have the desired
thaT'.L tocfht on the sesumntlon
i 5Lu h * clique was anxlons to force
to cheap long cotton. -Market
K 1,7,Sr. H"* 1 <l*»W and featureless with
1 “MI® tendency to rally.
havT a real vacation
!?? r *!^. Th » Georgian and Now. av.ry
•IMahlla away. Sent everywhere 45
4o5s * mon *K 10 cents a week. Phone
cc write circulation department,
Georgian and Nawa. No trouble
th *n9. addre,..
Now Y'ork Commercial: The demand for
cotton yarn Is not ns active as It waa a
week ago, hut at the same time the aggro
gate business being put through Is of fair
size. In certain quarters of tho trade good
orders were reported ns having l»een re
ceived for export account, while other buy
era are still In the market picking up small
lots snd placing orders for future deliver
ies. Weaving yarns are. If anything, less
active than the knitting, aa the largest
weaving plants throughout the country
seem to have covered their future require*
ments fairly well for the time being.
Many small knitters are still coming Into
the market to cover their future require
ments and are purchasing supplies for de
liveries ranging from three weeks to two
months. The majority of the spinning
plants have now orders sufficient to keep
them busy for many months to come and
are not looking for new business. In this
prices are being firmly maintained,
__ .j not believed that any decline will be
seen for some time to come. The high
price of raw cotton la also serving to keep
yarn prices on a firm basts.
Print Cloth Market Strong.
With spot goods scarce nnd prices high,
the print cloth market continues to occupy
a very strong position. Wide regulars nro
being sought after and to confluent have
buyers become to secure these b ,m *1h that
7Vtc has been paid for small lots. It Is now
next to Impossible to secure 2S-!ncli 64x60
for delivery this year at loss than 4%c. It
Is hoped that the stendlly Increasing popu
larity at Fall River will result In the mills
WORLD WILL NEED 13,000,000;
WILL PRODUCE 11,000,000.
Wall Stret Summary* With the world In
need of approximately 13.ooo.000 hales of
cotton from the United Rtntes each year. It
seems probable that It will receive less this
’alien from 32.000,000
000 tares In 1907. This Is
tion than In umny years.
* d In
In 1906 to 29,000,.
smaller cultlva*
Nearly 32,000,000
..ere planted In 1904. when a hamper
crop was picked, and. Judging by previous
experience, not more than 11,000,000 bales—If
so much—need he looked for this year. For
the figures given—29,000,000 acres—this Is n
liberal expectation. With exceptional
weather conditions, which arc entirely prob
lematical, the yield may l*e Increased, but
the chances setun even that It will not.
That the price will rise with the deraatil
lu coae of a short crop la economically un
avoidable; but with the soli available for
cotton-growing In the South, It seems
strange that a larger area Is not cultivated.
Alabama and Texaa could double their pres
ent acreage with little effort and with
promise of abundant returns. The real
profit, not the speculative. Is what the
E lanter should strive for, and In doing this
o wonld benefit himself and the consumer.
Edited by
Joseph B. lively
MARKETS
Ur. Lively’s twenty-firs
years' experience of ed*
I ting markets In Atlanta
and the South has made
him • recognised au
thority In bis apeclalty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
Ni&lR OF STOCK.
Amnl. Copper
Am. Ice securities. ..
Am. Sugar Refinery. .
American Smelting...
Am. Locomottre. . . •
do. preferred. • . .
American Car F. . . .
American Cotton OU..
Anaconda
Atchison. .......
do. preferred. . . .
Baltimore & Ohio. . .
Chesapeake A Ohio. .
Canadian Pacific. . . •
Chicago & Alton. . • .
Consolidated Oas. . .
Central Leather. . • .
do. preferred. . ..
Colorado Fuel & Iron.
Corn Produce
Colorado Southern. ...
Delaware A Hudson. .
Denrer A Rio Grands.
Distillers' b'ecurltlei..
Frio
do. preferred. . • •
General Electric. . • •
Great Weatern
Great Northern pfd. ..
Illinois Central. . . •
Iuterboro
do. preferred. . . .
Kanaas A Texas. • • .
a
si*;
M
i6»<[ i6H
m
NAME OF STOCK.
Kanaas & Texas pfd. .
Louisville A Nashville.
Missouri Pacific . • .
Mexican Central . . .
New York Central . .
Northwestern . . , , ,
National Lead ....
Norfolk uud Western .
Northern Pacific . . .
Outnrlou A West.. • .
Pennsylvania
Rook Island
do. preferred . . .
Repub. iron A Steel .
do. pref.
Union Pacific . .
U. 8. Rubber. . .
do preferred
U. 8. Steel . . .
do preferred
Western Union .
Wabash
do preferred
1
id
o
£
o
a
s
<<
Jz
tiiii
im
ii«"
11614
iii* *
lis"
iii"
lis'*
J49
149«
119
149)4
75%
132%
75%
186%
wi
132%
75%
136%
125"
l5%
tim
15)4
IMS
10**4
i««t
103**
ft
ft
ft
ft
n%
siji
wi
80)4
1«”
155)4
m*
133»
n
%
ft
ft
&
99)4
NEW YORK.
i
I
i
j| c
fj
July
Aug
Hept
Oct
Nov
Dec
Jnn. , . . .
Feb
March. . ..
11.80
11.68
11.61
11.87
1L95
12.02
1108
11.90
11.68
11.61
11.87
i*L97
12.03
12.09
11.80
11.49
11.40
11.68
iV.76
11.81
i'l.92
11.85111.80-80
11.52 11.48 49
11.4011.40-41
11.09 11.69-70
11.68-70
11.76 11.76-77
11.83 11.82 83
.... 11.86-68
11.95 11.92-94
11."so-Si
11.68-69
11.62-63
11.90- 91
11.90- 92
12.00-01
12.06-06
12.09-D
12.15-1*
LIVERPOOL.
Following figures give the opeuing rsogs
and close, compared with yesterday;
Futures opened firm. :
Opening Previous
Range. 2 p. m. Close. ClMft,
July 0-82 -6.81H 6.81% 0 80
July-Aug.... 6.81 -0.80 0.81V4
Aug.-Sept... 6.69 6.69
Sept.-OCt.... 6.60 -6.59
Oct.-Nov 6.64 -6.52
•Nov.-Dec.... 6.61 *6.49
Dec.*Jsn...
6.53*
1.50#
6.79 6.72
6.67 0.61
6.57H 0.52
6.51 6.45V|
*•••••♦••»• !*••
JlUl.-Kob 6.49 -6.47 6.48
Peh.-M&r.... 6.48)4-6.49)4 6.48
March-Aprti. 6.60)4-«.49
Aprll-Mny
Clotted quiet.
6.60
••42
NEW ORLEANS.
following Is the range
tores In New Orleans today:
July.. .
Aug.. .
Sept.. ,
Oct. . .
Nov.. ,
Dec. . ,
Jon. . ,
Feb.. . ,
March. . ., J2.29
Closed steady.
H | i III
12.83 112.98-13
12.68-70 12.83
12.43-45 12.6.V68
12.0844 22.23-24
12.19-21
11.99-12 12.18-19
12.01-05 12.24-28
12.07-09 12.26-28
12.13-14112.34-37
NOTES ON GRAIN.
Pointers on Provisions.
Special to The Georgian.
(From Hayward, Vick A Clark.)
Chicago, July 18.-Bartlett, Frazier A Car-
rlngton: Seasonable terpperatnrea In great
belt with considerable precipitation In Iowa,
Nebraska and the Dakotas. Unfavorable
reports continue to come from the North*
west and Manitoba relative to tbo spring
wheat crop. These furnish tho bullish In
fluences at present. On the other baud,
there Is uo demand for our wheat, and the
winter wheat movement will soon be in
creasing. Do not expect much swing to th«
market at present, uor decided action la
either direction. ^ w , .
No export demand for corn. Moderate
domestic demand. Look for larger receipts
by the last of the month. Would prefer
to sell it on hard spots.
Reports regarding oats crop conflicting,
bnt prices high and would ftell them ou auy
advance. . - .
Would buy provisions on the soft spots.
Tho Chicago Erenlng Pdftt: ^ Message from
J. D. Carter, South Bend, Ind.. says: Ex*
nmlncd over dozen ont fields between Chi
cago and here and found at least half the
heads eaten i*ff. Don’t see how they can
get over a half crop." . .
Broomhall cables that late advices from
Hungary report an improvement har
vesting return* satisfactory. The weakness
In Builapeat waa attributed to free sell*
following message from James A. Pat
ten front Winnipeg: * MeW llljams bod let
ter from Alberta province this morning
claiming they had light frost there three
or four dors ago. Mr. Lealtlkow, a big
farmer Jn Manitoba, claims they will not
raise over 50.000 000 bushel, up here. t
find several good men who oro skeptical
about raising over 60,(W0,000, They nil fear
fr jamiV Hnyde. well known on the Chicago
board of trade ns nn excellent Judge of
growing crops, Is at present on a tour of
observation In the Northwest, and
from Aberdeen, 8. Dak. under date ot Jn y
14, at follows: “Saw the cro P B Jj. 0 ®.-Mf' 11 :
son to Bristol yesterday. *n«„ Br,Bto l
today. Spent last evening riding with A.
E. Chamberlain, head of the State Agri
cultural College at Brookings. Ha waa re
turning home after a two weeks examina
tion of crops, and he le confident the etate
will have folrly average ylehla of aUcerjala
){y own observation, so far,
ATLANTA MARKETS.
FRUIT AND PRODUCE.
EGOS—Active. 17)4c.
LIVE POULTRY—Hen,, octlve, 37)4®400:
chicken, (fries), l*)4«r77)4e. Duck,. Pekin.
39c eneb: puddle, 25c eneb. Torkcj,, octlve,
’"dR^S^d'" POULTRY—Turkey,, dn^
uud; fries, active, 25090c
14c pound; ducks, drawn,
pound; hens, iitfiftc po<
'nSiDUcIs^Lnrd, 13c
live 16c pound: .hoult
pound; side, »ot!ve, lie pouna; owner uaitj
IMllllc pound; bee,er,i .ctlve, 26c pound;
honey, brUht. nctlve, ine pound; honey lu
1-pound itloeki nctlve, )2Hc pound,
YRUITH—Uemon,. fancy Meaw-nn, 350*0
15 21: knnnnn, per bunch, cull, cctlve, 11,00;
•took, per too, 11.00; peanut. In ancka aver-
igin. loo Iba. ench, owing to grade, per lb,
oftflSe: cantaloupe,, 75c to II # crate; ava-
termclona, 10«l5e each; gMrrin peaches,
ft 2501.75 -crate; rhubarb. *087«? bouch.
VEOTAnUEK—TomalBe, are nctlr. an*
selling at 75e to *1.00. Potato.., new, *2.75
8300 per barrel. Onions, Louisiana, J1.60 pec
buabaf; Egyptian. 4«e on ponndt nkro, afa
baaketa, amall. ft**Lji™ , 't.
*3.76; encumbera, *1.2501.75 par crate; egg
plant, *1.2581.75- _____
GROCERIES.
RICB—Jan 506Hc; brad 687c; fancy hte*
"MffSBw » cent.:
Georgia cane ayrnp 17 centa gallon; ealt,
!« pound. 50c; nale grease *1.71: eoda crack,
ara’okc pound; lemon, 7c: oyeter, 7e; bar-
cJndy. par ponad. *Hc: mlied, pel
pound, aftc: tomatoes, 2-pound, 52.0* caaa;
r»nnd, iii; navy haana. B.40: Una bean,
lc: beat matebra. per groas. *1.*6; macaroat,
^OA^-Bt«ndard“^a?nIated,’ ftc; Maw
v a«ftsSJSSJ , BBsaAf: m >.
biti and barrtla 19®s .
Site” full weight 32 cate: light weight
HAYWARD, VICK & CLARK,
C0TT0N ’ -an: R0V,8,0Nfc
( Cotton Exchaoga.
S S SACHE * , CO. T ANb a 8ARTLl^ 2 r. C pH A ^ ER * CASRINUT#H,
this rear. My own oosernuiuu, wv »*•».
wonbf Itear him ont on whent. barley and
timothy, but corn la too backward and
•tand loo uneven to make anything like nn
average, yield. f even with favorable weather
t< V?*8? l, Mnrtin got the following from a
correspondent at Montreal, Quebec: hrlend
of yoiirs In the trade here Just
from trip through Omario wivs will not
have over 50 per cent of an oats crop, and
•ava 30 per cent will never bet hashed
Jackson Bros, recelred the following from
Winnipeg, sent by one of tho most promi
nent grain firms of that city: Ho export
demand for our wheat. If rail-wava
furnish cara there would be »Q eara a
day pass Winnipeg for the next ninety
days, ran not feel bullish in face of thla.
rrb'/vc^r^ntt'cmtrts-^
«h.2 u . r p. p «
toba all promise »°od « v erafe cropa.
Broomhall says: “It Is officially eatL
mated that the present exportable surplus
of wheat In Argentina nmounte to 14,400.*
000 huahcla. ArtMitlnn boa ao fnr thta sea
son shipped 89,275,000 bnabeta. agnlnat 7*.Of.*,.
00* bnabcla f«r the same tiro, laat yenr.
To J. C. Khaff.r ft Co., from th.lr tray-
.ling crop .ip*rt. now at Grand burke.
link.: -vary un*v«D: aom. Bax blooming;
wrote early grain beading; general apm-ar-
anc. fairly good; otitcvMn* rtipendw enUrjai,
on futnre weather, and no front until Ust
September.”
WHEAT IT OPINING
HUGE JR1CTI0N OP
Commission Houses Had
Good Buying Orders.
Selling Scattered.
Chicago, July 18.—The grain mar
ket* were all dull and the provision
market waa aa dull aa the proverbial
meat ax. Tho outsider waa an on
looker and the professional waa not In-
dined to do a great deal. The wheat
market was again the leader, and the
price moved upward and downward
with more or leas regularity. Sensa
tional crop reports were sent In. but
they failed to attract attention. They
were bullish and were from almost
every section of tbo three spring wheat
"wheat closed 3-8@B-8c higher for
the day. Argentine shipments for the
week are estimated at 1,600,000 bush
els.
CHICAGO GRAIN MARKET.
Chicago grain and provlalon quotations
for today arc aa follotrs, compared wltn
y-attnl.r’a clo..: Pr ,y l0 n.
Open. High. Low. Clots. Close.
WEATHER REPORT.
WEATHER CONDITIONS.
WHEAT-
July.... 91
fc ft
roitN-
July.
Sept
Dec...
>AT8-
942
m
Wh I C I I
iiS i p.i i
10.22)4 10.1214
10.42)4 10.32)4
10.45
ORK-
Jttiy..
Dept.. 10.50
I.AltD—
icpu" j-gli j jliA
Oct... 5.96 8.97)4
JoVy. l !f”i.«)4 9*1)4
dept.. ‘
Oct...
i«:*>
i>)
8.56
5.57)4
9:55 8.60 6.55
8.37)4
1.65
8.62)4
ent. *0.40: at.
” C *bfc
Inra, sac; roan Map warn w.-.,
fioo rata; catanp, *L90 caaj; alrnn, New Or-
ieana, 5k astlon; corn. 50c aillon; Cuba
PROVISIONS.
PROVISIONS—Supreme hima 15)4., Itclll.a
2oe« pounds average, 1.70; fat hacks, gjf;
Supreme lard, flil^urlty compound, 8)4;
California hama, 10c; dry sail extra ribs
5.10.
FLOUR AND GRAIN.
FLOUR—Highest patent. 6.90: nett pat
- 4e: ntnndnrd patent, 54.75; half pat.
— aptdng wheat patent, *»*).
0. j white. 75c; eltolce white, 50e;
S?hfe2
^OAtI—Ko. 2 whlte. lOet 2 mixed, 55c;
Golden oats, 60c; white clipped. Be; fancy
"MBAL^nln. per K-pmad sack. 77e; 40-
pound sack*. 75c; plain. 20-ponnd ancka, 79c;
* HAT-Tlmothy. chain large hates *1.40;
do., chotee small bales, OLfi; N 0 . i. 000
11.50; fancy, 11.57; brown 150 to UO pounds)'
*1.4-7. Bran *1.35.
COTTON SKED MEAI^-Prima per ton,
*2*00: Ne. 2 per tn, MOO; hull, per ton.
mliej flab, 6e pound; fieab water troot, lc
FISH—Ureem 7c
FI8H.
anil;
PRIVATE WmEfi TP ALL POINTS.
. IT-. OOftipi
ooofl; trout Sc ponsd; Mu« flub ,<■ pound;
~ 1, U)ie
THE LIVERPOOL GRAIN MARKET.
Wheat opened quiet 74 higher and at 1:50
I. m. hi higher, uioaetl itendy 74 higher.
Corn opened quiet unchanged and at 1:10
p. 111. unchanged. Closed quiet unchanged.
THE 8UGAR MARKET.
New York, July 18.—The domentlc refined
sugar market waa atrody and unchanged.
Local rawa ateady. I/mdon beet augar
tteady; July and Auguat at 9a 2d.
NAVAL STOREST
Special to The Georgian.
THE COFFEE MARKET.
Havre, ■. 10., in"*
unchanged; talea 10.070.
Hamburg, 10 1. nj. market unchanged to
‘ nnlg advance; -----
receipts 5,000;
Hnntoa recclpta 29.
ket firm. , .
San l'aulo racelnt, 23*00.
Jnndlahy recclpta 23,00ft.
The following hguren nlvu the opening
• nge nod done In the hew York coffee
Opening
5.» iSSS
W
fc:: v.:: :&*.n ISIS
Auftuat .. 5.05-5.70
September I.0W.W 6.6541.70
Ortohvr 5.65-5.70
Novembar .. 5.65^.70
D«*<»#mber ..A70-5.73 5.65-5.70
Cloacd steady. Sale* 15,100 bag*.
Clear weather prevalla over the aonthern
halt of the map, while over the northern
half partly cloudy to cloudy weather le the
rule. .
Showers have occurred at most stations
on the Atlantic snd gulf roasts, and In the
northwest. Bain waa falling this morning
st Kansas City and Miles City.
The pressure has risen In the Ohio valley
and the lake region, while over most of tho
map It is somewhat less than It was jester*
<tay
ern half of the country.
COTTON REGION BULLETIN,
^Atlanta, p. cloudy. .
•Chattonoogn, clear,
Columbus, clear. , «
Gainesville, cloudy.
Greenjllie, cloudy. .
Griffin, clear. . , .
•Mseon, clear
Montleello, clear. . .
Newnan, clear. . . .
Home, p. cloudr. .
Bnartanhurg, cloudy.,
TnllnpooHa, cloudy. .
Toeron. clear
West Point, clear, .
TIPS FLASHED
From Wall Street
Bpedal to The Georgian.
(From Hayward, Vick & Clark.)
New York, July 18.—J. 8. Bache & Co.:
I^>ndon Irregular; declines predominate.
8t. Paul It strong. Union Pacific weak.
Bank statement unchanged. Bank of Eng-
lnud made a strong shewing. Increasing re
serves from 43.70 to 46 per cent.
The failure of commercial house was her
alded through the dlatrict sa a Mg Wall
■treat failure In flaring headlines. This was
followed by a sudden attack by bears, nnd
the market gnvo way lu all direction*. The
wiling of Steel common from the start was
based on the mld-suinmer dullness In Iron
nnd steel trade, snd not on any fears of a
general setback In buslneas. The Steel
comiHiny will show big eorulngs st the end
of the mouth.
The market la a purchase at present
K rices, and should regain yesterday’s losses
efore tho end*of tho week.
The New York Commercial: From all ap
pearances, Wall street Is not Inclined to
view the Interstate commerce commission's
report on the “Harriman policy’’ as any
thing else than a h%'ll*h document. This
giveu to the favored few
was good for 150 at tho least. Moat of
tho buying wss betwooh 117 nnd 138. al
though soveral thousand fthares were picked
up below 137.
A eanvaas made of the lending Industrial
corporation* of tho country demonatratea
the fact that thlre Is nn average falling off
tn now orders of from 15 to 20 per cent.
According to report, many of the Indus
trial companies. In spite of the summer
weather, promise to establish new high
records from the standpoint of earnings
during the present month. Others have
been forced to close for necessary repalra
nnd improvements, or they would have In
dicated similar Increases.
Tho llnrrlman lines hire bought more
than 14.000 cars this year, uot to mention
many locomotives. In order to meet the in
creased tariff.
Town Tonies: The biggest blow received
by .the bull manipulation that has been go
ing' on this week capie In the absolute lack
of response the general mftrket made to
the leadership <»f I’nlon Fndflc In the ear*
‘ y. Besides, at the end
genuine liquidation In
■uen amcas na nieei, Copper and l’ennsyl-
vattln. nnd It Js evident Hint Important In
terests are reefing htelr sails. The time
money market Is tanking business Interests
quite conservative. There Is little reason to
believe that any clumire will be made today
In the Amalgamated dividend rate, bnt sen
timent will continue unfavorable In view
of l ho furl her declining tendency in the
able bull account which wli
ny extensive
*a may be
bought with confidence that recovery will
set in later on. The decline In Bteel com
mon will exert nn adverse Influence on
opinion among outsiders hero nnd abroad,
and, on the whole, there Is still no reason
able grounds for expecting any general up
ward movement for time. While stocks
may rally occasionally, we would at pres
ent nvotd the long slue,* and Intending pay
ers, In our opinion, should wait with pn-
tlenee for a little while, as stocks will be
obtainable at corfidderably more advanta
geous figures.
CENTRAL
STATION,
Atlanta. . . .
Augusta. . . .
Charleston. . .
Galveston. , .
Little Rock. .
Memphis. . . .
Mobile
Montgomery. .
New Orleans..
Oklahoma. . .
Savannah. . .
Vicksburg. . .
Ilmlngt
T. Indicates Insnpreclsbls raiufiUi. »Fw
•stsrdsy. ••For 24 hours sndiug 5 s, ss.,
Mb meridian tins.
DISTRICT AVERAGES.
iii
Temperature.
Ij B
all
J. B. MARnURY.
Section Director.
WEATHER FORECAST.
Washington. July 18.-Tbe weather will
continue partly cloudy, warm and unaettled
tonight mu! Friday In the eaet and south,
but prdbably without much rain.
Forecast till • p. m. Friday:
North farollna—Fartly cloudy tonight nnd
Friday; wlnde mostly southwesterly nnd
fioiiih Carolina, Western Florida, Alabama
ad Mississippi—Partly cloudy tonight and
rlday; variable winds.
Georgia—Pegtly cloudy tonight nud Fri
day: probably showers Friday in extreme
mthern portion; variable winds.
Fa stern Florida—Partly cloudy tonight;
Friday showers; variable wlnde.
Kentucky—Generally fair tonight and to
morrow, except probably local thunder show-
era this afternoon or tonight In northern
^TVmlesfee—Generally Nfr tanlgbt end Frl-
f!oulslona—Generally fair tonight; Friday
fair except showera In southenat portion;
light easterly winds on the coast
Texas. Oklahoma, iudlan Territory and
* iht nnd Friday
be Texas coast.
COTTON 8EED OIL MARKET.
Following Is givsn the opening end dosing
of the New York cotton seed oil market:
Oneolag.
July. . J4
September. ...... 54
October
November. ...*•• 42*<»
December. ....... 40 $40H
January . »K«40
Following were the cotton seed oil
for the opening and dose; 600 November
st 42tt. 160 November at 42%. Total 2,900
barrels. Closed steady.
BULLISH ACTIVITY NOW
WOULD 8TART ANOTHER BOOM.
crat: “After days and daya of genuine but
futile effort to break the cotton market be
llow 12c for New Orleans October, nnd hold
It there, bears have apparently reachrd the
conclusion that ao many people fsvor ths
llnng aids of the account thkt playing the
short side la less likely to develop big prof-
Its than the trade generally believed a little
while ago. The local long Interests for the
most part Is now held ns a protection
against forward commitments, whereas
« Brice opponents hsvs been operating under
Ke mistaken (den that local bull apeculft-
torn had most If not all of thta Interest.
The course of the market demonstrates!
quite clearly that Tery few man care to car
ry “short” liability. lienee, the strength
of the staple whenever shorts attempt to
cover. Bullish activity now would proba
bly start the rings on another boom, and
the very fact that no ponderous long Inter-
ai mmm
St. Paul Only Exception,
Showing Initial Gain of
Near a Point.
COPPER OFF FRACTION
General Improvement Set in
Shortly After Opening.
* Trade Dull.
New York, July 18.—That the sharp rear-
this morning. Stocks In London were'gen
erally lower, but prices here o|»ened In nil
tho leaders nlmvo .tie foreign level aud a
fairly consistent teiiTieney toward Improve-
ment was maintained tnsord the rest of
tho forenoon. The strongest Issues for
some time past were Union Farlflc^ South
ern Pacific, Great Northern preferred apd
Northern Pacific. The Pacific stocks were
bought actively In anticipation of a re
markable shoving expected When the year’s
return* for these companies are compiled.
Outside these few Issues the market showed
little life, but the undertone was firm, and
there wss no renewal of tho weakness In
the Individual quarter, which had been a
disturbing feature yesterday.
New York, July 18.—With tne exception of
8t. Paul, which atnrted In % higher, the
opening changes In stocks showed declines.
These extended to % In Northwestern,
Union Fnclfle and Great Northern Ore cer
tificates. Beading was % lower. Amalga
mated % and 8feel preferred, ftoutbetu Pa
cific nnd Anaconda %. Smelting, Sugar and
Great Northern preferred were uuclinaged.
MONEY AND EXCHANGE.
New York, July 1^—Money on call 2%f!
time loans firm; sixty days 4f(4%; nine
days I%f|6 per ecus six mouths 5%.
Posted rates: Sterling exchange $1.9
4.87%, with actual business In bnnksrs’ Id
at l4.SM®<fi4.R690 for demand nud $4-839
A*305 tor slxty-flay hills.
Prime mercantile paper nnchnflged.
csd^r un ’
GEORGIA RAILWAY AND
ELECTRIC COMPANY.
MINING STOCKS.
Boston, July 15.—Cf.teulngi ' Greeae-Can*
snea 108; North Butte 80%; Utah 46%; Cop-
per Range 17%; Michigan 144; Old Dominion
THE LONDON 8TOCK MARKET.
Anaconda
Atchison
do, preferred ,
Baltimore nnd Ohio
Chesapeake and Ohio .. .. .
' hleniro and Great Western.
THE LIVE 8TOCK MARKET.
good tn rholpp hpiTT |5.7Ml6.87t6. . ,
Uittlp—llppplpt, 1,500. Market «l"*rj7" 1 '
wrnik; hftrvr. 54.0007.#: prti ll.60UX.25
hPtf.ri $2.00445.60; rnlvM *5.604*7.#: «"<*
prime itppri *5.704*7.25; poor to mptllum .t o
446.65; Itnrkeri ftml fppilcr. |2.R)fl5.10.
Shorn-llrrrlnti 10,000. Mnrkrt wrak; ni
tiro 13.754*6: wrutrrn I486; yurllnx. MO
6.70; latnhf, *6.7507.50; wtitftrn lamlw *5.WO
7.60.
FIREMAN’S SKULL FRACTURED
IN COLLISION AT CROSSING.
Sperial to Tho Ooorjtlan.
Chattanooga, Tenn., July 18.—A Belt
Line engine and a Clnrlnnstl Southern
engine collided on tho eroding Mon
day. npcl both were bxdly •mmhed up.
J. \V. Wllion, white firemen on the
Clnclnnetl Southern engine, le In Er-
langcr Hospital, with e fractured xkull,
an a result of the collision.
$100,000.0(1
GOLD BONDS
(Montgomery Light and P. Co.)
to net Investor nearly 8 per cent. Will
exchange for State Georgia or City At.
(ante Bonds. Write tor descriptive cir
cular. J. II. Hlleman tc Co., Atlanta.
Ga.
STONE & CO.
Candler Building,
ATLANTA, GA.
Tickets From
. e. and ..,
To Europe.
We ore Agents for oil Principal
Railway and Steamship Lines.
n Pacific ..
do. preferred'.7. !
Illinois ('mitral
Louisville and Nashville ..
Kansas snd Texas .. .« .. ..
do, preferred
New York Central
Pennsylvania
Ontario nnd Western
Norfolk and Western
Phllnrijd|ilihj and Reading ...
Koutbern Hallway *• 7. ’*
Union Pacific .. ,, ......
Southern Pacific
8t. Paul
United States Steel ..- .. .. ..
do, preferred ,, ..
Wabash preferred .. .. .. ..
THE METAL MARKET.
were dull with the exception of tin, which
wn* a little atronjrer on-light bases. Price*
remained nominally unchanged.
ELK VISITOR
CAUGHT BURGLAR
Phllsdslphlx, July 18.—Atvsktnpd by
a brass band early In the morning at
the Hotel Hanover, Charles M. Kevins,
Jr., son of the past exalted ruler of the
Brooklyn Lodge of Elks, captured a
stranger In his room )uit as he wns
making oft with u valuable dlamoril
stud.
RUEF’S SENTENCE
POSTPONED 2 WEEKS
San Francisco, July If.—Theodor* V.
Halsey has been forced to plead to alt
the eleven Indictments filed against him
nnd his first trial has been set for Mou.
dry, July 29.
Judge rvtnne did all this yesterday
in the face of Halsey's objections nnd
n quests fer delay. The Indicted handy
man of the telephone company did not
dtslre to plead. He begged for more
time, but he begged In vain. Abo Ruef
was up for sentence, but his attorney
iiskcd that sentence'go over tor one
week.
Customs House Bids Open.
Special to The Georgian.
Chattanooga. Tenn., July 18.—Bids
are to be opened In Washington this
week for the erection of a *75,000 ad
dition to the customa house at Chatta
nooga. The appropriation for the ad
dition was mad* at the last session
of congress.
UNION
SAVINGS BANK
Could Budding
CAPITAL STOCK . . . *100.000.00
■ 7IIOU7CES
4% S2SO.000.00 4 Jo
ALONZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
Bell Phone, Main &L
spaao, 26c pound; mackerel.
pvuts'j:
Empire Building.
ATLANTA.
We Solicit Your Patronage.
GEORGIA-
ATLANTA NATIONAL BANK
ATLANTA, GA
C. E. CURRIER, President. H. T. INMAN, VIce PrcsIdsnL
GEO. R. DONOVAN, Cashier.
JAMES 8. FLOYD, Assistant Cashlor.
Capital $600,000.00
Surplus and Undivided Profits $650,000.00