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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