Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, July 25, 1907, Image 13
-r«Z ATLANTA GEORGIAN AND NEWS.
rilDRSDAT, JULY a, 1W7.
13
bears made drive
^Vere Successful in Forcing
a Decline in Early
Session.
NEWS AND OOSSl?
of the Pieecy Staple.
recovery followed
Excessive Heat in the East
ern Belt Was Sus
taining Influence.
New York, July 25.—The cotton market
at the opening this morning was sustained
hr good sales of the spot article at Llrer-
K of with high temperature* In the eaatern
It. First prices were 1 to 4 point* higher.
After ten minutes* trading the bears made
• hard drive, forcing a decline in the new
crop months.
At the close the market was steady
with the nearby positions 10 to 21
points up, while the new crop months
were 7 to 8 points higher.
Comparative receipts at all U. S. ports:
Net receipts Thursday, July 25....
8ame day last year
Decrease
Total receipts for five days
game «'
5,663
17,714
i days last year.
Decrease
Total receipts since September 1....9,806,694
game time Inst year 7.750.675
Increase 2,056,019
Estimated receipts Friday:
1907. 1906.
New Orleans 500 to 600 224
Houston 100 to 200 1,123
SPOT COTTON MARKET.
Liverpool, easier; middling uplands 7.11.
Atlanta, quiet: middling 121316.
New York, quiet; middling 13.10.
New Orleans, steady; middling 12%.
Augusta, steady; middling 13V4.
Farnnnnb, steady; middling 12%.
Memphis, steady; middling 13c.
Galveston, steady; middling 13c.
Charleston, nominal: middling 13%.
Wilmington, nominal; middling 13%.
Norfolk, steady; middling 13%.
Rt. liouls, quiet: middling 13%.
Baltimore, nominal: middling 13%.
Boston, uulct; middling 13.10.
Philadelphia, quiet; middling 13.25.
Mobile, steady; middling 12%.
Houston, quiet; middling 13c.
Cincinnati, nominal.
Louisville, steady; middling 13%.
TODAY'S FORT RKCEIPTS.
The following table shows receipts at ths
to 6% lower on near niid 2 to 3 lower
■rwo« n * lll 2 nths ; Fa,r business doing its
28“ in?™ 8 : nilddllujt, 7.11;
5“fJSffli American 9,700; (peculation ami
export, 600; Imports, B.tiOO; American, 2.W0.
Liverpool does not follow our decline. The
y <° realising
and alao to tlie fact that the floating short
interest had been eliminated. The market
was narrow and hualneaa
f ?r I tetter prices at the opeu-
i t l l !1 '^ prices will ease olt Inter,
dl » a “ v ' se purchases, however, on any
ilitebeil bid 11.96 for 5,000 October. Mike
Thomas good buyer through Wright.
u la quiet and narrow just now. but the
local iM-owd I* probably short on balance
and there i« little cotton for sale. Private
reports of nigh temperatures today coiulug
feature e8ter<,aJ 8 °” iplal fl * ure * steadying
Mitchell ran October to 11.95 and is bid
ding that for 5,000 more.
New Orleans, July 25.-Hayward. Vick &
i lark: Weather map Indicates increasing
cloudiness; cooler by Saturday lu western
belt and. probably some showers.
weather outlook more favorable,
creasing cloudiness; showers Indicated for
Saturday. This Is likely to cause easier
markets.
movement is steady
AT NEW PRICE LEVELS.
New Vork Commercial; There !« a steady
movement on staple lines of cotton goods
In spite of the new price levels now In
force, and with the exception of print*
good orders were reported on almost all
lues handled In this market. In jobbing
New Orleans. .
Galveston. . , ,
Mobile
•Savannah. . . .
Charleston.. . * .
Norfolk
Boston. . . . . .
Total
INTERIOR RECEIPTS.
;. The following table show* receipt• at the
Icteric? towns today, compared with the
■sue day laat year:
Hnnston
Augusta
Memphis
St. Louis. . , , .
Cincinnati
HAYWARD, VICK A CLARK’S
DAILY COTTON LETTER.
New Orleans, July 25.—Liverpool contin
ues to show on Improved spot demand.
Total sales, 10,000 today. Futures are fa
vorably affected thereby and are about 2
J oints better than due. Our market opeued
at around yesterday's close, owlug to bet
ter weather news und weather prospects.
Temperature* lu the Eaatern state* are gen
erally lower. Good shower* occurred *u
Georgia and tho Cnrollnns. Scattered light
■Imwm fell In Mississippi and Alabama,
Arkansas, north Louisiana and north Mis
sissippi is still dry olid hot. Official fore
cast promises part cloudy in the terrlto-
rb-N and I-onlsiana, with probable showers.
Generally fair lu Texas. Dry weather is
welcomed there. New York turned abrupt-
1) around and went from 11.76 for Octo-
l* r to 11.92, which caused a buying rush
among ring traders here, and put October
to 12.22. This move lu New York is
tho sumo professional basis as the
made a couple of days ngo. The bull con-
‘togent Is gunning for Mr. l’rlco and bis
bear followers, believing the present excite
ment over the hot weather will help to
rout the shorts. Outside of sudden out
breaks in this professional bout, bulla can
rpuut on trade hedges, buying every time
October goes around 12c to 12.10, and this
the market at preseut an ideal sculp-
» n i? proposition. Official records show a
temperature average of 100 for the dis
tricts of Augusta, Memphis. Oklahoma nnd
a» average of 102 tor Little Hock. Alex-
•ndrln. La., records 10S, Mluden, La., 104
degrees. In Arkansas and Oklahoma, where
the- plant U so backward In slle, such con-
are sure to result In damage.
Growth Is checked and blooming to tue
t"p will be heard of. The official forecast
promises showers In the Carolina*, partly
cloudy weather, probably local showers to-
nwrro^jn Georgia, Florida, Alabama and
MUsis^ppi, This chilled the market a llt-
ye and trading became quieter around 12.24
[ n J October, but, according to New York
••ports, the bull crowd feels confident about
•if v ng tbs opposition to cover, and are
h'M'llng on by their teeth. This professional
nslit In New York Is certainly a feature In
pnrp developments of the near future, and
man |m» mentioned so that jieonle know
-Bat they Imre to consider In their notion,
to the market.
Jf™ York, July 25.-J. S. Radio k «'o.:
tth the technical position of the market
at'atly etrengthenert by henry proM-taklns
J-'ienlay and Llrerpool better than due,
““r market had a good opening. Soon after
™ 5*H. renewed liquidation for long uc;
act In and carried prices downward
aN'iit 6 (mints lu the llrat half hour of
trs'le phe market bad a good undertone
•f. decline, nnd prlcea rallied qnlckly
Jdt'f finding little for sale at the lower
Elf'- Buslneaa, howerer, wan on n email
!**,? «»d highly professional, and It la like-
BA** 1 thl» state of affairs will continue till
{!*"• -an pen Ita way dearer after the e Im-
fnn °5 nf Au *»at notice day nnd Iho close
™.T ,n 5 the report. Liverpool again re-
c Mieye that a continuation of the dry,
do considerable damage,
♦-* , Would advise caution In buying the djs-
JJfi m°ntb» at these high prices. , The
“■Fact affords good chances for s scalp on
Ion « «We on any setback.
ulng to take shape and retail buyers from
many sections of the country are beginning
to put In an appearance In this market for
the purpose of mrfklng fall purchases. The
manner In which store trade Is Increasing
on fall lines shown by the jobbers Is a
plain Indication that buyers reaching this
mnrket are not losing any time In getting
down to business. Comments are beard
regarding the stiff prices named on many
lines, but It Is very apparent thnt the buy
er's principal care nnd forethought will bo
confined to deliveries. la conjunction with
tho detnund for fall, summer orders are
keeping up remnrkably well with the sales
on cotton dress fabrics already well ahead
of those last year. The market seems to be
lu a very strong position on nil lines and
the outlook Is for still higher prices lu
every direction. I'rluts are now being held
n a new price level nnd selling agents, ns
veil ns jobbers, are awaiting with consid
erable Interest the first movement on the
part of buyers toward purchasing at the
advance. At the present time they are
busy looking after the purchases which
were made before the advance occurred and
after these reach the various retail estab
lishments throughout the country'the ques
Print Cloth Prices Up.
The market on print cloths shows an up
ward tendency on nil deliveries for this
rear. On 28-lnrh 64x60 sellers are now ask
ing 5c for delivery this year, while sales
have been made at 4 15-16c. Prices reaching
4%c have been paid for 27-inch 64x60, and
on the new basis regulars nro worth In the
neighborhood of 5%c, the mills refusing to
sell below 6%c. There Is n strong derannd
for wide goods, and the strength of the
mnrket lias resulted In converters ordering
out only sufficient goods to cover about
half their actual requirements up to the
end of the ystr. Spot goods are decidedly
strong.
ATLANTA MARKETS.
FRUIT AND PRODUCE.
EGOS—Active, 17®17%c.
LIVE POULTRY—Hens, active. *7%04Oe:
chickens ffri?s), 12%027%e. Ducks. Pekin,
SOc each; puddle, 25c eneb. Turkeys, active,
12%e per pound.
DRESSED POULTRY-Turkeys, drawn,
active, 16017c pound; fries, nctive, 26030c
pound; bens, 13014c pound; ducks, drawn,
fancy, 16c pound.
PRODUCE—Lard, 12c pound; bams a*
live 16c pound: shoulders ..ctlve 10011c
pound; sides active, 11c pound; butter dull;
J.0@12%c pound; beeswax active, 25c pound;
honey, bright, active, 10c pound; honey lu
1-pound blocks active, 12%c pound.
FRUITS—Lemons, fancy Mssseua, *5.500
5.76; bananas, none; pineapple*. Florida
stock. *3.0003.50; limes, Florida stock, per
100, *1.00; peanuts In sacks averaging 100
pounds each, owing to grade, per pound,
6%®8c; cantaloupes, *1.0001.76 crate; wa
termelons, 10@15c each; Georgia peaches,
$1.0001.60 crate; rhubarb, 75c bunch.
VEGETABLES—Tomatoee, slow solo and
selllnB at 70075c. Potatoes, new, >2.75@S
per barrel; per bushel, $1.10. Onions, Oeor*
«tn, $1.50 per bushel; Egyptian. 414e pet
pound; okra, six hnskets. small, $1.50: krau.,
halt barrel, $3.75; egg plant, $1.3501,75.
GROCERIES.
RICE—Jap $85Hc; head ««7c: fancy bead
$$407. aeeordlns to the grade.
t?j! EE8E—Fancy foil cream. It cent*;
Georgia cane syrup $7 cents gallon; salt.
lOO.pouad. 60c; axle grease $L71: node crack
me W pound; lemon, 7c: oyattr. 7c; bar-
rel candy, per pound, *%c: mixed, pet
pound, $He; tomatoes. -.pound. $3.00 case:
l-ponnd, $3.35: nary lieau,. tlrtO: Lima beans
lc; best matches, per grots. $1«: ™«e»roul.
‘ToA«inWVf.nJi» «5?
Y oSr r FE&^hoast'e| , Arbuck?es $i«: bulk la
'ThrlddadMicttlt tt'gSy/'^B^wlludjdU
it sk case; tack grits, 96-pound nags, ILw,
liters, full weight. *2 case: light weigh*
li.10 esse; pepner. l^c lb.: fMkjn* jpw«tcr IS
case; rod salmon, *6 i'Mf; pink salmon, 34.»
cocoa, 4 , 'c; chocolate, 23, snuff, 1-Ih.
In rs * 48c ;* ron stbeef. $3.60 case; corned beef,
12 60 case; catsup, $1.90 case; sirup. New Or-
ilitna tto eallon; corn. 30c gallon; Cuba
fftSfearA." -
PROVISItJNS.
S^. U {im. M ^r , d ri ri r -r^rSi !
9 ’ 4 ' flour and grain.
rrnrR—Highest patent. 5.W; l»est pat-
-nv K »• standard patent *4.75; hnlf pat-
SS* spring wheat patent, *6.00.
rbRN-No P 2 white, 79c; choice white, 80c:
Lu* Vend 7Sc; No. 2 yellow. 7*c; mixed,
S!?!V.dSd corn per bu.bei, 78c; bull.,
"oniPKEN FEED-Flfty-ponnd Hcks. 9Sc;
Pnnla cblck f«d, $2.00: Victor feed, $1.36;
b OAT^—Nib** ytMte. 60e; No. 0 mixed. S$«
oSden Oats. 59c; white clipped, 61c; fancy
^MEAL^Kaln. per 96-pound sacks. 77c; <*•
pj^nd sacks, 78c; plain, 24-pound sacks, 80c;
g 7lAY-Tlmothy. choice laree bales. *1.40;
do choice small bales, *1.», Na 1, oue-
VuirA bales. *1.35; No. 2, one-third bale*
-hole© nralrlc. 81.00; Rerimida, *1.10.
^SHORTS—Choice white, *1.50; ^ anc > r L.^|i® 0 ;
brown to 100 pounds), 2L40. Bran *1.35.
roTTON SEED MEAL—Prime per ton.
No. 2 per ton. $24.00; halls per ton,
Edited by
Joseph B. Lively
Mr. Lively's twenty-dye
years' experience of ed
iting markets In Atlanta
and the South has made
him a recognised au
thority In bis specialty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
NAME OF 6TOC1L
Ainai. copper. . . - . .
Am. Ice Securities. . . .
Am. Sugar Uetinery. . .
American Smelting... .
Am. Locomotive. ....
do. preferred
Anaconda.
Atchison- •
do. preferred.
Baltimore A Ohio. . .
Chesnpeaki & Ohio. .
Canadian Fnolfic. . ..
Chicago & Alton. . . .
Consolidated Gas. . .
Central Leather. . . .
^ do. preferred. . . .
Colorado Fuel & Iron.
Corn Produce. ....
Colorado Southern. . ..
Delaware & Hudson. .
Denver A Rio Grande.
Distillers* fe’ecurltics. .
Erlo. .
do. preferred. . . .
General Electric. , . .
Great Western
Great Northern pfd. ..
Illinois Csntral. . . .
Intcrboro. .......
do. preferred. . . .
Kansas & Texas. . . .
2514
SAME or STOCK.
Kanoua .V T.xa. pfd, .
Louisville & Nashville.
Missouri Pacific . . . .
Mexican Central . .. .
New York Central . . .
Northwestern
National Lead . . . . .
Norfolk and Western . .
Northern Pacific . . . .
Outarion & West.. . . ,
Pennsylvania
Pacific Mall
People's Gas Co. ... .
Pressed Steol Car. . . .
Reading
Rouk Island
do. preferred • . . .
Repub. Irou & Steel . .
do. pref. .......
Southern Pacific
Southern Railway. . . .
do. preterred . . . .
St. Paul
Tenn. Coal aud Iron . .
Texas Pacific
Union Pacific
U. 8. Rubber
do preferred . , .
U. 8. Steel
do preferred . . . . ,
Western Union
Wabash
<0 preferred
1*7%
76%
137%
91
29
136%
■
347 __
36% 3674
m -
33
Total stock sates 807,700 shares.
♦Ex-dlvldend 2 per cent.
NEW YORK.
ture# In New
July..". . .
Aug
Sept
Oct
Nov
Dec
Jan
Feb
March. . ..
,101
11.47
11.46
U.N
12.10 12.10112.10.20
HI lUfll 11.61-62
*11.63-64
'll.S'J-OO
11.92-93
•11. ns yj
112.03-04
I12.U6-08
12.13-14
£*
12.00-16
11.42 43
11.42-43
11.82
11.85-86
n.yn-nt
11.96-97
11.99-01
12.06-08
LIVERPOOL.
Following I, the opening ntnxe, t p. m.
end done, compnred with yeeterduy:
Futures opened eueler.
Opening * 1 Prerloux
Itnnge. 3 p. m. Close. Closn.
July 6.30 6.30 6.83 6.85
July-Airg.... 6.73*4-6.77 (i.79 6.31 «.M
Aug. Bopt.... 6.66 -6.6584 6.67 6.69J4 671
Sept.-Oct.... 6.56 -6.5584 6.5614 6.6015 6.60
Oct.-Nov.... 6.4914-6.62 6.52 6.5414 6.54
Nov.-Doo.... 6.4614-6.47 0.47 6.52 6.51
Dcc.-Jnn.... 6.46 6.43 6.ol 6.50
fftl -Feh " 6.4414-64714 64714 656 6.4914
Feh.-Msr.... 6.46 6.45 *•*“ *"
6.49
,'losed very stesdy.
m si
NEW ORLEANS.
The following Is the rang© In cotton fu
tures In New Orleans today:
i
tig Isi
S|5 |33
1
M
July
Aug
kept
Oct
Nov
Dec
Jan
Feb
March. . ..
12.80
12.86
12.80
12.15
IL 09
12.15
72.80112.75! lift
12.66 12.66 12.85
12.60 12.60 12.69
12.28 12.10 12.22
1*2124 ftoe iiis
12.27 12.11 12.20
TTH
12.6344
1*041
12.21-22
12.17-18
12.16-17
12.21-22
12.26-28
12.31-32
2.60
12.60
12.50-53
12.12-13
12.08-10
12.07-08
12.12-13
11.17-19
12.22-23
Closed steady.
NOTES ON GRAIN.
Pointers on Provision*.
Chicago, July 26.—Bartlett,
Barrington: Temperatures sense.
'onslderable precipitation throughout the
West. Do not see nitfcb In wheat at tho
moment. Local crowd Inclined to be bull
ish. Future depends on reports from the
Northwest aud on movement of wluti* -
wheat. ^
No export demand for corn. Domestic
demand very moderate. Crop conditions
mtlnue Ideal. Would prefer to sell corn
a bulges.
Local speculators bullish on oats, but gen
erally waiting the threshing returns, nnd
be lullueuced by volume of movement.
, —ig a
at Oakley tbfs morning. Will make forty*
five bushels. Qunllty flue, but geuernl yield
III he about 75 per cent of Inst .year's.”
Grain denier at Mitchell, Ind., writes that
the yield In that vicinity Is about 75 per
cent of that of last year, and that little
wheat Is expected to leave either Law
rence or Orange county, as mills and elevn-
tors there will tnko onro of entire crop.
Farmers returning empty bags.
8t. Louis dispatch suld: “Tue Northwest
ern Miller wires their correspondent; *If
western Cauada realises 66 per cent of last
year’s crop they will bo fortunate.*
The Chicago Rceord-HernhD Experts on
black rust have been dispatched to the va
rious points lu Minnesota where claims had
been mad© of Its appearance. There Is lit
tle likelihood that the trade will know for
a certainty during todnv’s session whether
yesterday's black rust claims were food or
not. Worthington and Morris, In Minne
sota, were specified In the Minneapolis dis
patches as having claimed black rust. The
Omaha messages claiming black rust In
northern Nebraska did not give details. A
te largest and most
scs here from Its Mir
©, who said he had <
rppsr lot
7c pound;
notnnano, zno pound; nint »r$*r», pon“
ft«b. £<• poimfl; fresh water trout,
MisHd* trout 8c pound; blue fish're pouua;
Sompano. 29c pound] iMcke^JBie^ponnd;
THE GEORGIAN AND NEW8
will be xant to anybody anvwhtra for
any length of “A"° PhSnJ*%Sa
culation dapartment. Phona
Itandard 4401, 45 cents par menth, 10
cents par v»,«k.
one of the
grain houses — ,——, . . - .
retentaUre, who said he had examined the
wheat where black rust had been reported
late Saturday and that be bad found no
good basis for the complaints. J. A. Put-
ton, who has Just returned from the North
west, took vury little stock in tho black
rust reports.
Crop Expert O. K. Lyle has returned
from a 4,000 mile trip covering the big sur
plus corn states. "The ground Is now sat
urated throughout the corn belt, with every
prospect that the crop now' has sufficient
reserve moisture to carry It through the
dry season,” said he. ’‘It has mafic a
wonderful growth within the Inst three
weeks—more than It usually makes lu a
month. The weather was Ideal, aud ns a
result I expect to ace nt least 6 points gain
in condition In the August government re-
nort. ns compared to thnt made up for
July 1. The stand Is a little short In Iowa,
and the crop can not therefore reach tho
phenomenal total of Inst year, bat it never
theless looked fine, nnd 1 put Iowa dowd
for a cron of about 300,000,093 bushels, or
about 75,0fo,090 bushels less than Inst year.
I expect to see Kansas produce about 178,-
000,000 bushels, or about 20,000,0V) bushels
less than last year, the stand In thnt stnto
also being short. The corn crop as a whole
will be large.”
The world's wheat shipments were:
Last Previous Last
Week. Week. Year.
America *,9fiB.OOO 2.454,000 1.664,000
Russia 1,209.000 1.064,000 l,9Ct,000
Dntuibltn porta .. 776.000 1,032.000 48,000
India 912.000 1.4w6,000 1,128,000
ArsenUna ;" 1.544.0M 1,393.060 1,153,000
Australia 4.-6,000 216.000 283,000
Aiiatrla-lfUDBary . 40,000 56,000 96 000
Cblle-N. Africa ... 66,000 81,000 88,000
Total, ..7,952,000 7.760,000 6.132JM0
Tha world's Cora ,hlpmanta ware:
Laat 1'revloua Laat
Week. Week. Year.
America :....L170.0M 1.SK.0M 870,000
Russia 83LOOO 1,690.000
Dantiblan port, • }.1g-*0
WHEAT OPENED FIRM
BUSH TOJUl EARLY
News Was Generally Bull
ish at the Opening of
the Session.
WEATHER REPORT.
WEATHER CONDITIONS.
ST. LOUIS CA8H QUOTATIONS.
Wheat—No. 2 red winter JJH
Com—No. 2 53 405314
Oata-rNo. 2 <6'/4
IMty WUCIU Ul IUU B64tl 4. 6 46,0
count of the firmer cables, continued unfa
vorable nows from the Northwest, lnglisr
curb nt Minneapolis, nnd tho smallness of
receipts. Before much wheat enmo out
prices had sdvsoced Kmc. The pit cronffl
was Inclined to fight tue advance.
Wheat was strong, late closing at
7-8c higher. Unfavorable Northwest*
em news, including rust reports and
Indications of export business encour
aged the bulls. Com ruled higher,
closing l-2@3-4c up and oats gained
3-8c. Provisions firm.
CHICAGO GRAIN MARKET.
upsred w!!0
Previous
Open. High. Low. Close. Cloee.
WHEAT—
July....
Sept....
Dec.... 06%
ORN
T—
1§ h; i
otz a a ps §
l)cc.... 5014 6074 5074 W
OATS—
July.... 44 44J4 44 4474
He|it 3874 3974 3874 »
39(4 5t5 3974 3974
.... 16.33
16.65 16.55
Sent.. 16.66
I.ARD--
July
Sept... 9.30
Oct... 9.86
SIDES—
July... ....
9.30
9.37%
9.12%
9.80
9.30
8.70
146.000
293,183)
Argentina ‘'."“T..'..9,146,000 1.766'.tW0 2.762.000
Total. 6.I$I7,00* 7.970,600 4,071.000
NAVAL 8TORE8.
firm at
dow xlaia $6/6; water white C.9O06; 1
$5 60: N $5.30; K $5.20: 1 $5; H $4.827404.86;
il $4.777404.30: g $4.M4«; B $4.5604.70;
D $4.250435; C II A $1.027404.1774.
SPECULATION WAS LIMITED
TO THE PROFE88IONAL8.
New Orleans. July 28.—The Tlmes-Denm-
erst says: ••Yesterday’s cotton market, nft-
a further spurt, Insf tne price gain
HAYWARD. ViCK & CLARK,
1 ^„ A1U . wri pHoviaiONi
COTTON. 8T0CK8, ^Srifanr 0 '' 1 *' 0 "*’
Carondelst and Grovier ov**
SW®* C "* UB
JjjM| Cotton Exchange.
Cotton Exchange.
■SrSSSrBSSS:
urn . N 3?, T 2!fo , 8lS , i:iVT,”3CTSri‘c».Ri».T«.
PRIVATEWIRESJC&At^-^Ct 18,
waii hot and iw riicwei. . ,
were rennrted, but aoiun werp j,rp,!(r!,,l fn
today. Hearn pxprc««pd
ctiTOlng bureau
e n_, _ .
flnenee In the
—illtlsm report, but the
talent as a whole fenrea the thing em gen
eral principles. Pending the arrival within
a day or two of the steamship Custodian,
bringing some 2.000 bales of cotton to New
Orleans from Liverpool, various opinions
are being expressed as to the probable ef
fect such nu Incident will have $>u the local
market. It Is a pretty well established fact
that the owners of this cotton have sold
neither Jnly nor Angnst futures against ft,
nnd It I* a fact l*eyond the febftdow of n
doubt thnt no wide-awake operator would
bring this of pnnk from Liverpool to
New orlenuft that made nt> a goodly por
tion of Liverpool’s recent shipments to
New York, because such cotton can not
pass muster here, therefore ran not l»e ten
dered ou contracts."—Hayward, Vick &
CMrie- - ’ , f. :
THE LIVERPOOL GRAIN MARKET.
nlet 74 blBbcr and at 1
Cln»Kl firm 74 bl.b.r,
Cora opened quiet >4 blxhrr nnd at 1:1
p. m. 74nliber. t imed Arm 74 higher.
THE live stock market.
fhlraio. July It—Ilo««-Reeelpt, 10,1)00.
Mnrket ,{»dy: light
06.35; heavy $6.6806.25; r
i;)R« fc.7i«86^; yorVer. $6.,
Cattl£-K«elpta 6.600. Market ateaily;
heaves *4.6007.30; cows *1.4905.25; heifers
*2 4006.40; calves *6.5007.25; good prime
stecS S.i607.3O; poor to medium *4.60iT5.70;
stockcrs and feeders *2.7606.
*Jtheep—Receipts 11.W. Mnrket
er: natives *3.750o.8o; western **.7506.80;
vearRngs *606.b6; lumU *6.5008.35; wsfcteru
In the Inst 24 hours showers have oc
curred at most stations east of the Missis
sippi valley. Rntn was falling this morn
ing at Portland, Me., nud Davenport, lows.
Thunder Storms occurred nt a number of
stntlons in the southeast.
Except where temporarily cooled by
showcis, there has been but little change
In temperature and the hot wave continues
COTTON REGION BULLETIN.
TIPS FLASHED
From Wall Street
Special to. The Georgian.
(From Hayward, Vick & Clark.)
New York. July 25.-4. *. Bachs & Co.:
Tho market yesterday displayed wonderful
reserve power. Tho dealings were quiet
outside of the Hnrrimnn Issues. These
stocks gave every evidence of manipulation
due to the ttppronoh of the meeting for div
idend action.
Ijoudon today is very strong with marked
activity In Southern Pacific nnd Union l’a-
clflo. It Is expected that the ndvauce lu
these stocks will curry the entire mnrket
upward.
We
.usds
behind, for these will nil join the gen
advance likely In tho Ilarrlumii stocks.
New York Financial Bureau: It would
not snrpriso us to see Reading advance
sharply any time now. Missouri, Kansas
oftd Texas Is In a poslton where the bull
tip cau be made good any time. Union nnd
Southern Pacific show no great opposition
ns yet, niul may be bought ou recessions
for turns nt least. Amalgamated meets
souio opposition toward 94, where some
stock Is for sale, but could lie raised sharp
ly If this Is removed. Tho same thing may
be said of 8t. Paul around the 186 level.
We think the shortage In Smelting could
easily be made to force It to Inst hlgfi
figures n round 122. The bullish operations
lu- Locomotive are merely temporarily sus
pended, It Is said. We expect to gee Atchi
son taken sharply in baud by the bulll pool
very soon, and would try to get the move.
urther short covering Is llktdy iu Brook
lyn. The tips are noted that tho III11
stocks will be taken up again soou.
Town Topics: Notwithstanding the
amount of profit-taking that will be encoun
tered from now ou In Southern Pacific,
we would still advise against selling this
stock except perhaps on the bulges that
which was bought lower, but solely with
the Idea of rebuying on moderate reces
sions. We repeat our assured belief that
the dliideud rate will be advanced to 6 per
cent, nud doubtless borore the rate Is offi
cially announced thero will be confident
suggestions of s rise to 7 per cent, so that
we exppet to ace this stock well toward
par within u comparatively short period.
Tho underwriting syudlcate must make
Union Pacific attractive In order to market
Its bonds, nnd we Would buy Union Pacific
ou nU soft spots for profits ou the upside
As far ns the rest of the market is con
cerned, few stocks have enjoyed much of a
recovery In view df the extent of the de
cline from tho prices of last year. Conse
quently we look for an Indefinite continu
ance
urge tl
Copperi.
tlmore, and I^iulsvllle
8t. Paul nnd Amalgamated ...
most likely to enjoy an early advance of
good proportions. The short Interest in
Steel common, Pennsylvania, nnd tho trac
tions will lead to Improvement, while the
cheaper mils, especially the Fries. Mis-
sourf. Kansas and Texas aud the Kansas
URy Southern should do much better.
odnj
the week. ■
Weather conditions will dominate the cot
ton market. On breaks cotton should he
bought, however, while the same course
nmy be pursued in wheat.
LOCAL 8TOCK8 ANO BONDS
STOCK III LONDON
In Response General Gains
Were Shown in New
York. {
HARRIMANS LEADERS
Realizing at Advance Caus
ed Slight Decline—Market
Broad and Active.
New York, July 23.—The advancing move
ment on the stock exchange went on with
increasing vigor throughout this morning’s
session. A larger volume of business was
done, and It was more widely distributed
than on the previous days of tho week. The
notable feature was the partial shifting of
Interest Into other stocks from those which
heve recently absorbed attention. Union
Pacific nnd Southern Pacific both reached
new high levels nt the opening, hilt they
wero heavily sold on the ndvauce and In
the course of tho forenoon dropped well
below laat night's closing. The active spec
ulative operations were transferred to Read
ing, St. Paul nnd one or two others which
had uot been as prominent In the previous
rise. The market was sustained by the
strength In these stocks against the heavy
f irofit-tnking in the Hnrrimnn Issues nnd
he weakness which subsequently developed
In tho so-called Morgan group. After ths
first hour Erlo and Steel common began to
come out lu large lots, nnd went down,
while the rest of the list Was strong.
New York, July 25.—The stock market
opened higher with about tho single excep
tion of Cnundlan Pacific, which opsnM %
lower, initial prices showing gains.
Southern Pacific was nrnin tho lender,
rising %, Northern Pacific and Colorado
Fuel %, St. Paul and Missouri, Kansas
nnd Texas %. Union Pacific opeued nt 14S^
147>/^ the higher figure showing a net gala
MONEY AND EXCHANGE.
it I 1$ a.$ 76th
STATIONS
• ATLANTA
DISTRICT.
'Atlanta, clear. . . . ,
•Chattanooga, clear. .
Columbus, clear. , . .
Gainesville, clear. , .
Greenville, clear. , , .
Griffin, dear
•Macon, clear. . , , .
Montlcello, clear. . . .
Newnnn. clear
Rome, elenr
Spartanburg, p. clo'y
Tallapoosa, clear.. . .
Toccoh, elenr
West Point, clear. , .'
•Minimum
3 Si
12-hour
Atlanta. . i
Augusta. . .
Charleston. .
Galveston. .
Little Rock.
Memphis. . .
Montgomery.
New Orleans.
Oklahoma. .
Savannah. .
Vicksburg. .
Wilmington.
DISTRICT AVERAGES.
Ill
Ii|
Mln.*«
~TT
yesterday,
tltb murid
hours ending 1
CHICAGO CAR LOTS.
The receipts of gralr
i nd estimated receipts j
Wheat.. .. .
Corn.. .. ..
Oat*
Hogs, head..
V
COTTON SEED OIL MARKET,
Following I. Bl'-n the oiwnlo, ind do.-
market.
Jnly. . . .
September.
October. .
Novetnlier.
December.
January • - 4 -
Following wore the cotton wod oil
■ or tin* opening •ndeloge: Mo Jol, nt »4<4.
206 Dwinlwr nt 40%. 200 Jnnunrjr nt 4V,.
190 Jnninirv nt 46'4. Total nntea 2,160.
mnrket eloiwd steady.
54%‘
64%$5otf M
. 61 51 06 V
• *1* #
The
WEATHER FORECAST.
r>hlr> vnTicyT lower* lake region, the south
nnd east, with showers lu the western low-
er lake reglou, the upper Ohio valley, the
south Atlantic and enut gulf states. Tem
peratures will change but little.
Forecast till 8 p. m. Friday:
Georgia, Eastern Florida. Western Flori
da. Alabama and Mississippi: Fair tonight,
Friday partly cloudy; probably local show
ers; varlnble winds.
North Carolina anil South Carolina: Show-
er» tonight or Friday; light to fresh winds
on the const, mostly southwesterly.
Kentucky: Local thunder storms tonight
ami Friday.
Tennessee: Partly cloudy, with occasion
al local thunderstorms tonight and Friday.
Louisiana: Fair tonight; Friday fair, ex
cept showers In southeast portion; light to
fresh southerly winds on the coast.
Texas. Oklahoma. Indian Territory nnd
Arkansas: Fair tonight and Friday; light
to fresh southerly winds on the Texas
coast.
Your fast chance to got a 40c box of
Wiloy f s candy free with oach 30c cash
want ad. Thla Graat Frso Offer will
not bo repeated aftar naxt Friday and
Saturday, July 26-27. 8tnd or phona
your ads. on either of the above dates
and get a half-pound box of Wiloy’a
beat Chocolates and Bonbons free.
Phone the want ad. DepL, Bell 4920, At
lanta 4401-
Atlanta Sc West Point 1L R„ 160% 1*7%
Atlanta, Birmingham and A.. 1* 23V|
do, preferred
Augusta Factory
Csntral Bnnk and Trust Corp.
Gs. liy. aud Electric....
Southwestern
Atlanta 4 p. c. bonds, 1938....
Augusta 4s, 1986
Georgia 4%s, 1915, coupon
do, 3%, 1939, reg
Dixie Cotton Mills, 1st mtg. 6s.
Ga. R. It. aud Hkg. Co., 6s....
Seaboard 4s, 1950
130
220
810
240
80
M
248
SS
io
,}»Vi
107
99%
15
80
i02%
102
108%
*8
108
101
%
103
71%
THE METAL MARKET.
New York, July 25.—Metal markets stag
nant and unchanged.
THE COFFEE MARKET.
New York, July 25.—Coffee cables:
Havre, at 10 s. in., market unintelligible.
*Hand)tirg, at 10 a. m., market unchanged;
Rio receipts 8,000; market barely steady.
Santos receipts 23,000; stock 1,380,000; mar-
ket steady.
Paulo receipts 29.000.
Rowing figures give
._d close f"
for today
•ft,
April .. ..
May
June .. ,
July .. ..
August
September
October ..
November
December
Opening
. ..5.70^5°’
5.70-6.75
1.78-5.85
5.75-5.15
6.85-6.90'
6.55-6.95
.. 6.75-6.80
5.60-5.10
5.65-5.75
opening
Clone
S. 76-6.80
6.76- 5.80
6.80- 5.85
5.80- 5.85
6.85- 6.90
6.85- 5.90
6.85- 6.90
6.76- 6.110
CMS
5.70-5.75
t. •• ,* ,, ,, •»•••,.«» S.lO-O.IO
5.664.70 6.70-5.75
.. .... .. ..5,704.75 6.754.80
Closed steady. Sales 17,500 bags.
THE SUGAR MARKET.
New York, July 25.—Money on calL*
2 1-2(93; time loans unchanged; 60
days. 404 1-2; 90 days, 4 3-405; six
months. 6 per cent.
Posted rates; Sterling exchange,
*4.84 04.87 1-2, with actual business
In bankers* bills at *4.870)4.8710 for
demand and *4.8375 for 60-day bills.
Prime mercantile paper unchanged.
London bar sliver, 31 5-8d.
New York bar silver, 68 3-4c.
Mexican dollars, 63 l-2c.
GEORGIA RAILWAY AND
ELECTRIC COMPANY.
Boston, Jnly 26.—Following was ths bid
nnd asked price on Georgia Railway and
Electric Company toduy: Asked 85. Pre
ferred, none.
MINING 8TOCK8.
Boston, July 36.—Opening: Calumet-Art-
xoim 176; Hutte Couiltlou 26%; Copper
Range 81; Boston Consolidated 27%; Massa
chusetts Gas 51; North Butte 83: Shannon
Arisonn common 25: Smelting prsfsrrou
42%; Mohawk 82%; Utah Mlulug 47. Mar-
kot opened steady.
THE LONDON 8TOCK MARKET.
STOCKS—
Anaconda .. ..
Atchison
do, preferred
Chesapeake and Ohio ....
Chicago nnd Great Western.
Canadian Pacific .. .. ., ..
Erlo
mSWSS#.":'".:-:
Lonlsvtllo and Nashville .. ..
Kansas nnd Texas
do, preferred
New York Central
Pennsylvania
Ontario and Western ..
Norfolk and Western
Philadelphia nnd Rending ..
Rock Island ..
Southern Railway
do, preferred .. .. .. ..
Southern Pacific „ •• ..
Hr. Paul
l’nlon Pacific
Uulted Ktntes Steel ..
do, preferred
Wabash, preferred
ALONZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building. Bell Phone. Mali! 851
ATLANTA. GEORGIA. ^
■mii lit i tin. iiiii-iisnseu, lidniiun oei'i sug
ar market steady; July and August un
changed at 9s 9d for both.
JEWISH MOBS
IN PHILADELPHIA
Philadelphia. Pa.. July 25.—Smashing
windows, upsetting .how cases, hurl
ing entire stacks of Kosher meat deal
ers Into the streets, soaking meat with
kerosene, severely beating many per
sons, mobs of women swept ths Jew
ish quarters today, and It was several
hours before the police were able to
cope with the situation. Increase In
the price by butchers caused the riot.
Irish Spinning Mills Idle.
He! fast, Ireland, July 25.—Many
spinning mills have been shut down
and 4,000 operatives were thrown out
of work because the strike of other
craftsmen. It Is Impossible t? obtain
coal. The Hpathy of the pollen Is the
most serious feature of the strike.
DON’T GET LONESOME
when sway. Just order The Georgian
and News sent to your now addrott
dally. You'll hevo a roal vacation if
you do. 45 conts a month, 10 eonts a
wook. Phono 4828, or writo circulation
deportment, The Georgian and News.
No treublo to chango addraat.
4%
UNION
4 %
SAVINGS BANK
Gould Building
CAPITAL STOOK , . . SI00.000.00
' -~| RESOURCE $ IToT
470 $380,000.00 | 4 Jo
$100,000.00.
SOLD BONDS
(Montgomery Light and P. Co.)
to net Investor nearly « per cent Wfll *
exchange for State Georgia or City At. J
lanta Bonds. Write for deacriptlve dr.
cular. J. If. Hllaman & Co., Atlanta,
Oa.
STONE & CO.
Candler Building,
ATLANTA GA.
Tickets From
..•and •..
To Europe.
We are Agents for all Principal
Railway nnd Steamship Lines.
ATLANTA NATIONAL BANK
ATLANTA, GA-
C. E. CURRIER, PrealdenL H. T. INMAN, Vice-President.
GEO. R. DONOVAN, Cashier.
JAMES 8. FLOYD, Assistant Cashier.
Capital §500,000.00
Surplus and Undivided Profits $650,000.00
We Solicit Your Patronago.