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THE ATfiAKT-A GEORGIAN AND NEWS. THURSDAY. AUGUST 3, 1907. 1! STOCKS FEVERISH ANDJNSETTLED Opening Declines General, Extending to Near 2 Per Cent. NEWS AND GOSSIP of the Fleecy Staple. WEAK ALL MORNING At Noon Improvement Was Shown Throughout List, Trading Active. Vew York, Aug. 8.—There* waa a genuine genre of ghort* nt the opening of the cotton market aud prices advanced 14 to 20 points. Very much higher cables than had been ex pected with continued drought and high temperatures in Texas brought in a rush of orders to buy from oil directions. Business was active. Shorts were nervons around the opening In cotton futures, a considerable bettor Liv erpool than expected and dry, hot weather in Texas causing free covering mid nn advance of 18 points on October to 12.15, December 27 points nnd January 17 points above the closing figures of Wednesday. Profit taking sales nt the advance by early I.avers forced prices 8ft'10 points during the early inornlug, but nt noon a recovery was in progress, prices going close to the high point. The market held very steady In the afternoon, recoveries of 7 to 0 points being shown at the closing. The bet ter feeling in the stock market was a strengthening Influence. The close was very steady net 9 to 15 points higher. Comparative receipts ut ail U. S. ports: Net receipts Thursday Sg Name day last year' 2,snj Decrease 2,4*3 Total receipts for five days 6.198 Name days last year 20.312 Decrease 14,114 Total receipts since September 1... .9,823,591 Name time last year •»*??•*?? increase V Estimated receipts Friday: 1907. 400 to 500 700 to 800 1906. 8P0T COTTON MARKET. Liverpool, steady; middling 7.33. Atlanta, steady; middling 12 15-16. New* York, quiet; middling 13.30. New Orleans, firm; middling 13%. Augusta, quiet; middling 13%- Savaunnh, firm; middling a2%. .Memphis, firm; middling 12r. Galveston, firm; middling13c. Charleston, nominal: middling 1314. Wilmington, nominal: middling 13%. Norfolk, steady; middling 18%. St. Louis, quiet; middling 13%. llaltiiuore, nominal; middling 13%. ltostoii, quiet; middling 13.30. Philadelphia, quiet: middling 13.55. Mobile, steady; middling 12%. Houston, quiet; middling 13c, Cincinnati, nominal. TODAY'S PORT RECEIPTS, The following table shows receipts at ths Special to The Georgian. - (From Hayward, Vick ft Clark.) New York, Aug. 8.-J. 8. Ruche & Co.. Liverpool waa due 2% lower on August and -®3 lower on new crops. • Opened steady 2 points advance. At 12:16 p. in., steady 3 points net higher on near and 2% points higher on distant. Hpot easier; middling i.25; soles 7,000; American 6.700; speculation ami export 500; receipts 1,000; American Liverpool comes higher. Weather for Texas continues hot and dry. No rains in sight. Look for a steady market today. The fact that tlie weather continues so favorable orgties against any decline nt time. Think it is safe to buy on any fair reactions. Profit-taking by buyers of the Inst few days nnd a rotten stock'market combined to prevent the advances due on Texas weather, but look to see It go higher to day. unless rain is indicated In the Kouth- west. ' Detailed sheet shows not a drop of rain !u Texas. Fourteen poluts 100 am! over, and every point very hot. Let the stocks alone while you buy cotton. New Orleans and Mike Tbomns leading this rally. Following tire 21 a. in. bids: August 11.53; September 11.61; October 12.07; January Van Dyke, selling January, nnd It looks ns if he is waiting for some ouo to bid for a block. Looks like the big people In Wall street have decided that the trouble has gone far enough and stock rallied. If the Improvement holds cotton will go up sharply on the Texas situation, os it is very serious unless our spot friends are badly fooled. This market has been hammered to death today and advise our friends to buy cotton right now. Mitchell and local crowd bidding the market up. It is reported Habersham King is cabling tonight very bullish. 8ITUATION ON COTTON COULD NOT BE STRONGER. The Now York Commercial: From the point of view of primary market factors, tlie present situation on cottons could not be stronger. They have their lines so well ill hand that on many fabrics the quota tions for snot and nearby delivery are pure ly nominal, as no more mVrehnndlse can be secured from mills, nnd it Is even doubt ful If the full amount of business on the igh to come up to tlie Ou stale cottons for prices remain extreinoly firm and It Is a futile task for buyers to trv and hunt tip sort spots In the market. There is a large influx of buyers from points In the Southwest and West. These visitors to the district are intent on get ting nddltlonnl goods to carry them over the fall and winter months, and where they find tlint the market is rigid on any class of goods they do not waste lunch time iu shopping, hut place their orders, tiling the best delivery they can. There > further advances lining named ou bleached fabrics by prominent agents, nnd It Is generally stated in the market that during the coming weeks of August this class of goods will work to a higher level nnd he maintained Indefinitely. Tlie short’ age of goods In wide blenched fabrics, suit' abb- for (lie cutting-up trade. Is so pro nounce*! that continued covering from sec ond hands Is necessary with buyers. They have to pay high prices, provided they can get spot deliveries. Restrict Print Cloth Sales. INTERIOR RECEIPTS. he following table .how. receipt* In the trior today, compared with the same day year: HAYWARD, VICK & CLARK’8 DAILY COTTON LETTER. New Orlenne, Aug. 8.-Romo one got war- ed and wanted to lw* hlicad of the crowd, for ever since daylight broke over this country the Livens*! .market advanced steadily nud showed 7 points ndvnnce when we opened against 2 to 3 points decline due. Largo covering orders must have gone there eaily In the morning. First trades here were at about 10 points advance, but there was much of yesterday s timidity lu connection with money matters In evidence and hulls took profits on the rise Instead of supporting the niurket, which' caused it to lose a few points. However, weather con ditions In the west continue no bullish that new buyers are entering the market on all concession* offer»*d. Generally fair weather prevailed In the wesfi nnd fin* weather map as yet shows no relief In sight from (his dry spell. Ternpern tn re* f are ^h I jt h throughout tlie west and now also In tl delta. The eastern states continue favored by auspicious eat her, nnd crop irlee* obtained for new cotton In Texas arc way above futnre parity. Galveston wired today that 14%c was paid for Americi strict f. o. It. Galveston. The jdTeet of i unsettled stock day, but cotton October. . „ .. . . _ New York, Aug. 8-J. 8- Bacbe*ft (o.: A very sharp advance on foreign buying oc curred at the opening. Liverpool ruled high er for all months and nn advance to 1-16 for Octolicr, 12.27 for December and 12.34 for January was brought about before tuc noon hour. Helling by >> nil street Interests, who feared the situation in nt'teka. brought about a sagging movement after tlie earl) advance. The weather reports continue fa Vorable In the eastern part'of the belt, but the Texas situation remains, unchanged. Hot dry weather with no rain In sight holds prices above 12c for October. The showers reported overnight did not amount to much. AVhnt Is needed Is a hard soak ing rainfall. Temperatures continue high, ranging ovar 100 on the average. We look for quiet, firm markets, and should condi tions continue, expect to see much higher prices. DROUGHT IS SPREADING IN AUFECTED AREA IN TEXA8. fleeted conservatism that emanated from ; very pessimistic securities market, and the fesr that pnbilft punishment being meted put to offending money kings and the oyer- bold corporations might reach the pocket- Business Is quiet In the print cloth divi sion of the market. Most of tlie sales of narrow good* made Tuesday were on long time contract. Agents declare they nrs §9-1 nch 68 by 72s nnd still goods. Wldb standards are 7%o for spots, with practically no goods In sight for three to four weeks. ATLANTA MARKETS. FRUIT AND PRODUCE. KGG8—Active, 20c. LIVE POULTRY—Hen,, nctlvo. 35837V. chickens (fri-’Si. 12tt$!7ttc. Ducks. Pekin, 80c each; ptvl.llc, 23c each. Turkeys, active, 12t£e per pound. active, 18 centa pound; fries, active. 2214c pound; ^hens,Weeper pound; duck,, drawn, *p8(Jdu'cfi^Lord, 12c pound: batna ac tive 16c pound: shoulders active 19011, pound: aUlea active, 11c pound; butter dull; loe 1244c pound; bee«wni active, 26c pound; honey, bright, active, 10c pound; honey la 1-pound Mocks active, 1244c pound. FItUITK—Lentous, fancy Mcsscnn, (6; ba nanas, 344 lb.: pineapples. Florida idock, none; llmca, Florida stock, per huulred, 81; peanut. In sack, averaging 100 rxdind, each, owing to crude, per pound. 044©8c; cantaloupes, ilorv sale, 75c ernte; wnterme. ona, 1244®20c each; Georgia peaches, 81.26© 1.76 crate; rhubarb. 75c each. VEGETABLE!*—Potatoes, new. 18.28 bar rel; per bushel. fLSOOl.36. unions. Oeor- E la, 81.60 per bushel: Spanish, 11.60 crate; raut, hair barrel, 83,76; cabbage 844c pound. GROCERIES, RICE—Jap 6C544c; head 6®7c: fancy hast 844*27. according to the grade. CHEESE—Fancy fall cream, 17 cent#; Edited by Joseph B. Lively Mr. LlVely‘« twenty-live years* experience of ed iting markets In Ailantr and the South has made him a recognised an* thcrity In bis specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NfiMR OF STOOL Atnal. Copper. . ... Am. Ice Securities. ,. Am. Hugar Refinery, . American Smelting... Am. Locomotive. . . . do. preferred. , , . American Car F. . . . American Cotton Oil.. Anaconda . Atchison. ....... do. preferred. . , Atlantic C. Line. . . . Brooklyn Itapld T. , . Baltimore ft Ohio. . . Chesapeake ft Ohio. . Canadian Pacific. . .. Chicago ft Alton. . . . Consolidated Gas. . . Central Leather. . . . do. preferred. ... Colorado Fuel ft Iron. Corn Produce Colorado Southern. ... Delaware ft Hudson. . Denver ft Rio Grande. Distillers' Securities. . Erie do. preferred. . .. Geueral Electric. . . . Great Western Great Northern pfd. .. Illinois Central. . . . Interboro do. preferred. . . . Kansas ft Texas. . . . , 76% NAME OF STOCK. ttu iio«ia «v A I'AikS plU. . . . l.ouittvillu ft Nashville. ... Missouri Pacific ..... Mexican Central New lurk Central .... Northwestern Kutiuuul Lead Norfolk nud U'esteru . . . Northern Pacific uuturlon ft West.. .... Peunsylvsula Pacific Mali People's Gas Co Pressed tfteul Car. .... Heading ltuck Island . do. preferred Ilepub. Iron ft Steel . . . do. pref. Southern Pacific. ..... Southern Railway. «... _ do. preferred St. Paul Tenn. Coal and Iron . . . Texas Pacific Union Pacific ....... U. S. Rubber «... do preferred U. 8. steel . do preferred Western Union Wntmsh • * . do preferred 45% $ Totul stock sales today. 91&.300 shares. *Kx-dividond Y^t per'rant.' NEW YORK. Oct. . . Nov.. . lH*e.. . Jail.. . Feb.. . March. May. CloseA very steady. inr II I i! 1.57-58 11.67- 12.121 12.14-15 12-21-22 12.29-30 12.32-34 111849 12.41*42 11.41-46 11.64-55 11.97-98 ll.w-bl 12.07*08 12.19 12.19-21 1125-26 12.32-33 LIVERPOOL. Following figures give the opening range, I it. in. and close, compared with yesterday. Futures opened steady. Opening Previous Range. 2 p. m. Close. Close. August 6.96 -6.97% 6.98 6.97V Atlff.-Hepf... 6.84%-6.86% 6.86 6.96V Hept.-Hct... 6.71 -6.71% 6.72% 6.72V Oct.-Nov.... 6.«%4.67 fl.CTVi Nov.-Dec.... 6.63% 6.65 Deo.-Jnn..., 6.62%-6,63 6.63% 6.63V Jr.n.-Fob.... 6.61 -6.61% 6.G3 Fob-Mar.... 6.62% Mur.-April... 6.61 -6.64 6.64 April-Mny 8.65 Closed quiet. 0.0J NEW ORLEANS. tures In Now Orleans today: 1 c w k I t| 1 * =1- SSI rj £5 Oct. . . Nov.. . Dee., a Jail.. . Feb.. . March. i2.»|i2’.8s|iiia 12. *8112.60 12. *3 iy.«a|i'£*6li£& Closed steady. 12.92 , 12.82-83 12.50-51 12.46-48 12.45-46 12.53-54 TIPS PLASHED From Wall Street 112.75 12.7) 12.37- 38 12.33-36 12.32-53 12.38- 39 12.64-65 12.5S-60 12.43-45 12.49 50 NOTES ON. GRAIN, Pointers or Provision*. Chicago, Aug. 8.—Bartlett, Frasier ft Car- rlugtsnf Wheat market showing strength this morning, but don't look Just right to buy It, as the things thnt enused tho break of yostrrday are again in effect this morning. At the snme time It Is very dangerous to bo short, as we arc practically ou export basis. Demand for wheat Improving on the break. Think liquidation has been quite thorough, but can not expect very much advance until the September wheat is placed. Believe wheat eventually will sell higher, and that during the time of Scptcn> her liquidation it should lie bought. Export nnd domestic demand for corn Im proving. Feel very friendly to It on the soft spots. Oats reports keop coming ns bad as ever, and believe they are purchases. Would prefer to bny provision* on any breaks. The Chicago Record-Hera Id: Another In teresting chapter was added to the oats campaign Monday. Developments indicated thnt the country denier in a very large num ber of instances nt least was disposed to fight the advance. There were comparative ly few exceptions, however, to tlm rule of WHEAT IT OPEJilNG I FRACTION BETTER Rains in Southwest and Higher Curb in Minneapo lis Were the lectors. ST. L0UI8 CASH QUOTATIONS. Oat*—No. 2 ...47 049 WEATHER report. WEATHER CONDITIONS. With tho exception of a few scattered stations, clear weather prevails over the grew ter |Mirtlon of the map. Showers have occurred In the Inst 24 hours In liortlons of Alabama. Florida, Tennessee, the Mississippi nnd Missouri valleys and on the north Pacific const. Rain was falling tills morning nt Kansas City, Han Fran cisco and Fort In ml. Ore. The pressure Increased In the lake region, while over most of the country minus Im- roinetric changes predominate. The north western high urea has moved eastward ami is now central in the western lake region. The temperature Is Hoiuewhnt higher In I the southeast, the Missouri vsiley nnd the I northeast, but tho changes are unimportant ns a rule. The present outlook Is for partly cloudy weather iu this section tonight and Friday. COTTON REGION BULLETIN, Chicago, Aug. 8.—Wheat strong, clos ing 1-205-8 higher. Corn gained 1-80 l-4c; oats were active l&l 7-8c higher. Provisions were easy and quiet. Although weather continued favor able In the northwest, wheat ad vanced easily, the market oversold aft er recent weakness, and reports of better export demand inducing shorts to even up before tomorrow** govern- a general surrender to the Fatten forces ment report. There also was fair In- ers, 6%e pound; lemon. 8c: oyster. rel candy, per pound, 6%c: mixsd, p«i ponnd. 6%e: romatoes. J-ponnd |10Q esse; i . -i—. — T $2.40: Lima bean* iier gross. 11.66; mscarool, "nes. mustard, *3.25 csss. * granulated. 6%; New bars and barrels 12c: green lift Je. Shredded biscuit 18 esse: No. 2 rolled ost* Off ense; ssck grits, •O-ponnd bags. 11.35: oyster*, full weight tt cs*e; light weigh! M 10 case; pepper, 18c lb.: baking powder 31 rase; red salmon, |5 rase; pink salmon. 34.21 case* cocoa, 49c; chocolate, SI; snuff, 1-lb. tars 48c; roast beef. $2.60 case; corned beef, few SSi "™,r- New Or- (rant 35c gallon; corn. 90c gallon: Cuba ~ eL - "" 33o enllon; ita.b. H.26CJ-W < wttoo. 18c; a< ts PROVISIONS. pnnVIRIONS-Fnprcmc hams 1814c, belli.. Uma nnnnda nvernge. 9.MH; rat lincka, 8.-S; Rnnremc lanl. 10. . IMirlty com pound, s*i; rnlltorela bams. 10c; dry salt extra rtba ”*■ FLOUR AND GRAIN. FLnT?n-Illch.«t, patent. 5.90: Iwat pat. ent So SI; standard patent 8*.7S; half pat ent! *t.O: aprlna wheat patent, |6.0J. COBS-No; 8 white. 79c: cholca white, IDc.- whlte feed. 79c: No. 2 yellow. 79c; mixed, 77c* crnckcil corn per huabd, 78c, CHICKEN FEKIJ—Fifty-pound aacka, 9Bc-, pfnla chlek f»«d. *L»i Victor feed, H.J6- '’oats—No. 2 white, 80c; No. 5 mixed, 63c; of the fact that the weapon of . defense selected hy the common iieopie nop- pcaa to lie a very large clali In place of the more dlacrlmlnntlng scalper. Burdened by inch ttiomjhlK, operetors were In no hurry to take on freeh Investment rn|»n- atbllltlee. In eo far ne cotton price factor! were concerned, the aitnntlon In tlm main waa nnchange.1. Crop news stressed the spread of iho drought affected area In Tex an. Also the fact that conditions In Geor- North Caroline. South Carolina and „....»iua were ereouraglug enough. If one Imt Ignore the abnormal Uteiiean of the crop and the danger of normal front out- ■ g downing the pr—peetlve yield. At .mlveaton, n quarter rt a rent over current quotations la now reported being paid for new cotton." HAYWARD, VICK & CLARK, COTTON, STOCKS, BONDS, COFFEE, GRAIN AND PROVISIONS. Carondeiet and Gravler 8tt* Ntw OHean*. MEMBERS: g: Yort B C„Uen <) Exchange,**’ Nc*3 .Veer York and Chicago i-orreeponilenta. J. 8. BACHE a CO., AND BARTLETT, FRAZIER A CARRINGTON, PRIVATE WIRES TO ALL POINT8. in HnptPinbur. Short* In thnt month wore covering, but wet* reselling for December. Thu hedging snlcs nnd short Rolling bqth foi December and May put those month* at nil uunntnra! position a* compared to Septem ber. Even at their relatively lower price* n« compared to the near month*, howevi Deeeinber nnd May looked high to the coun- trv dealer. There wn* no weakening of the Patten position. After the «inoke of tho big battle lu tho nit had cleared away it wn* tho popular ixdlcf that Patten had * * * more oat* on the late break than ne aau told on the opening bulge. In fact, the trade wn* Inclined to take Fatten nt his word thnt he hail told no ontt. The great hulk of the now* from the thrauhlnr machine* Indicated lightweight oat* -and •the proapeet that only a very small pro portion of tho crop would grade up to Chi cago contract requirement*. The Imslue** crowding for 0x1*01111011 In the pit outran tUI* 1st ter. rapacity. Broker* who were at tempting to execute order* In the market were frequently unable to force .their way Into tho »plt. As a result the rhouis com mittee began the' enlargement of the pit promptly at the dose of ’change, nnd It will Thursday be almost as large ns the * ind corn pit*. Infer wheat from the south Atlan tic port* nnd durum whent from the head of tho lakes -Is now the cheapest wheat offered abroad from North America. Hale* of roil winter Monday nnd late Saturday nggtegnted 256,000 htudid*, nnd of durum were 144,000 hipdielt. Knusa* City. claim* lhat liberal export sale* of wheat had l»een made from there, but gives no detail*. It was the liellef among well pouted grain men there however, that there had either boon some sales of low grade hard winter or that the purchases of wheat future* made by export house* had l»«en against* export sales of flour. Mills at Kansas tity and Interior mills through Knns claimed thnt they Imd made the Inrgt* sale* of flour Saturday nnd Monday th they hud made In years. A Kansas City grain man wired: •'Kxponer* were buy ing low grade wheat Friday and Saturday around 7w(bQc for No. I hard. There Is a report going around thnt with the big re vestment buying, with northwestern house* leading. Rains In parts of the winter wheat belt curtailed receipt*. CHICAGO GRAIN MARKET. Chicago grain nnd provinlon quotation* for today aro n* follows, compared with yesterday’s close: Previous Open. High. Low. Close. Closo. wiiKA*! Sept.... 88% Dec.... 92% Mn.v.... 97% Dec.... 61% May.... 62% «# A'l'S- Sept.... 44 Dec.... 42% May.... 44% FORK- Sept.. 16.20 LAUD— Sept... 9.65 Oct.... 9.17% 89% 93% 99% 45% 43% 46% Sft 88% Sg 16.29 16.00 16.17% 16.20 8.62% 8.67% »lpt* probable thl* week „ attempt will 1*e made to get cash prices down to a point where tome of the good grades can be used for export.” The Iswidon Statist, figure* a shortage of 434.0u0.0m> bushel* in the world's wheat crop, nnd requirements of importing countries at 612,800.600 bushels, or 23.690,006 bushels over isst year. Only once before have Imports exceeded 560.000.000-vis.: In 19QR-196, when the total reached about 568,000.000 bushels. Ten year* ago 400.000.000 bushels to 440,- 000.000 bushels sufficed. A Washington wire to Manager Ander son. of the Western I'nlnn Telegraoh Com pany, rend*: ’’Next crop report will lie Is sued August 9, at 2 p. m. It will show winter wheat production, .corn condition, spring whra* condition bailey, rye and to- baron rnndltlnn Aunnit 1." C. II. Fnrnyth's report of atorks of pro- Villon, at Ctilca.o. Kansas City. Omaha. Bt. JoMph anil Mllrnnkro it the dose of hualnees July xi. with romnnrlron., ahnwa n .Irorense of 7.008.W poan.l, nit meats last week, as eompnred with * derreaso of 28.- 915,984 imnmli In July. Total atovka of meats July *1 "ere 838,084,3*9 nonml.. a. .'Jmpare.1 ilthJWL19M35 pounds June 23 last, and with WU3.807 pounds July t> last year. . Golden oat,., 8»e; whIU cUpped, 81c; fancy W MEAL^lMoin. per 88-ponnd aaeka. 77e; 48- ponnd neks, 78c; plain. 28-pound sacks, 19c; ‘ HAY-Tlmottay choice larse tales, 3L40; o., choice small hale,. 11.85; No. 1, oa» hlral I ali i, 8UB: No. 2. ooe-thjrd hales HE choice prairie. 81.09; IJeeinijda. 81.10. F110BT8—Choice white IL80: fancy L89; brown i90 to 100 poamla). 51.46; brnn, 81.39. COTTON SEED UEAL-l’rlme par ton 828.80; No.-2 per too. 824.00; balls per ion, FISH. Finn—Bream 7c pound: enapper toe pound; tront 1c ponnd: bine fish 7c pound; pompauo. 20c pound: mackerel. 12%c pound; ptixed fish. 6c pound; fresh water trout. 5c. THE LIVE 8TOCK MARKET. Chicago, Aug. 8.—Hogs—Receipt* 17.600. Market slow nt rmifwilfly'i rlo»<*; light 85.80 06.23; iu1x(h| |o.7U4i6.20; ht-svy $i.3iKu6.'‘5: rough I5.30f75.60; pigs S5.5Ofi6.10: yorkers S6.20ft6.25; go«H| fr» rhulci; hravy S6.96ff6.40. rattle—Receipts 3.500. Market slow and Stimdy; beeves 34.40^7.50; cows 3l.40fi5.2U heifers 32.40fi5.60; rnlve« 35.75^7.50; good l|4.W t rlme steers |5.75f»7.50; poor to medium 5.75; stoekers nnd feeder* 32.70fl5.50. I 8heei>—Receipts 9,000.* Market strong; n*L tlve S3.85Q6; western S3.S5f|6; yearlings S6.15 ff4.80; lamb* $5.6007.70; western lambs S5.^0 ft 7. w. ■ STATIONS ATLANTA DISTRICT. Atlanta, elonr. . . . •Chattanooga, rleor. Columbus, clear. . . Gainesville, clear. . Greenville, eienr. . , Griffin, eienr. . . . *Mncon» eienr. . . . •Montleello, clear. . Newoan, clear. . . . Rome, clear Spartanburg, dear. . . TallapiHisnt p. cloudy. 111 -lie : *.*4,. . . . ...i m i ■ Minimum temperatures are for 12-bour period ending nt S n. ui. this date. Siiecini to The Georgian. (ft*rnm Hayward. Vick ft Clark.) New York. Aug. 8.—J. H. llaeftc ft Co.: Late Loudon price* slightly better. Louis ville, Northern Fnelfie, Illinois Central. Nor folk and Western firmest. Cnlon l*aclfle % higher. Steel common weak % lower pre ferred- also % loner. The weakness iu Industrial list wa* pro- nouucod which spread to railroad list. The decline Is principally due to the hostility shown toward t oritorntlous iu general. The papers this morning show the unswerving attitude adopted, and that the war will Ih» carried on us diligently ns ever. Thera is a well organised l>ear cllqno taking ad vantage of unsettled conditions nud their effort* are meeting with success. The market Will probably !>e very uervous at tin* opening, with pressure again In indus trials. There I* n demand for Bteel nnd Penn- syivnuhi in the loau crowd. Stocks net as If they would have another break. Kales to 11 a. ui. 408.500 shares. General st«»ek market acts ns though we have seen low prbv* for some time to come, short Interests have Increased. St. Paul continue* to show strength. It Is only stock thnt shows a good advance from opening prices among standard stock*. Town Topics: While sentiment has not been so depressed for a long time past ns It was at the closo of business Inst night, thl* Is usually the case when storks are near the turning point. The Htrcet Is pretty much of ono mind, flint a lower market Is Inevitable, and while they may atua*ar to b erlght for a day or so, we think the mnr- hot is nt n level where garni dividend-paying railroad stocks and high-class industrials can be bought with a tnfiiluiutn of risk. The old bear party has undoubtedly Iteen re sponsible rnr the break lu the market, Imt in our opinion the decline has Ikh»u carried altogether too far, ns prices iu many rases are below those which prevailed during the March panic. The meeting of 1'nloii Pacific dl ret cor* scheduled for today is not likely to nttraet inttHi attention ns usiinl, nud thorn is good reason to lieUevc lu the event of a quorum of directors com lug together that the regular quarterly dividend of 2% l»er cent will be declared. While the declining tendency in copper nnd Iron may cause further unsettlement in the industrial section, those who are utde to buy and bold their stock* through a temporary period of react ion and perhaps a linn I effort of the bears to force the market loWu In order to cover tbolr contract* fa- rnruhly, should on weak s|»ots go long of [he good rails, especially the jlsrriiuiuiH and lllll, 8t. Paul. Atchison nnd Rcudlug. General Electric nnd Kugnr are very attrac tive nt these level*. Texas weather Is the liupcrtaut thing In the cotton market. — Ths | ‘ S irt now appears iu <Ainftlgnmated around . Kupport Is tint deflu I to In Smelting yet. nor In Kugar. Atchison is supported around £6. as ex|«cted. Brooklyn lacks good sup port yet, also Ht. Paul, Great Northern pre ferred. Reading support H*eius induced to aliout 90. Northern Pacific and Moitthern Fnelfie lack good support, Imt we would buy them < u nil breaks cottfideutly now. Fnlon l'ueific Is temporarily held around 130. HI eel has no special support as yet. All these stork* are sold by professionals oil rallies now Ihmuiiihc of the withdrawal of support at levels Indicated yesterday niorn- lu«- THE COFFEE MARKET. Ill EARLY TRADING Initial Prices Were 10 to 14 Points Above Wednes day’s Closing. STEADY AT MIDDAY Liverpool Better Than Due and Lack of Rain in Texas Factors. unchanged; sales 6,000, ■.Hamburg, at 10 a. ui.. marker unchanged to % pfennig down; sales 18,000.1 Rip receipts 7.000; stock 651.000. Knntoj receipts 21.000: stock 1,209,000. Hao Paulo receipts. 31.400. Jundiahy receipts 34.000. The follow lug iigure* give the opening range a ad cioo* lu tbs New York eoffra market for today: Opening March April May June July August September .. October .. .. November .. ., December . Closed quiet. 5.80-5.85 5.75-6.80 5.85-5.9) 5.854.95 5.S5-5.&5 5.55-5.65 5.70-5.80 6.70-5.80 5.70-6.80 5.75-6.S5 Hales 23,760 bags. Close 6.65- 5.70 5.70-5.73 5.754.90 5.75-5.80 (Mr 5.854.90 5.90-5.95 6.554.60 5.664.70 : 5.654.70 6.66- 3.70 THE METAL MARKET. New York. Ang. 8.—In the uietal market*, further weakness wn* shown at the metal exchange. Cornier wa* reduced %c, spel* ter off 5 points nml tin off %c. In Committee Rooms Atlanta. . . Augusta. . . Charleston. . Galveston. . Little Rock. Memphis. . . Mobile. . . . Montgomery. New Orleans Oklnhoinit. . K'.ivuuunli. . Vicksburg. . Wilmington. indicates limppreclui yesterday. •• For 24 hoti 75fli meridian time. Pla nner avkuagkh. isi A VI c- rainfall. • Fi ending at 8 i - CHICAGO CAR LOT8. Ths receipts of grata In car lots todsf and estimated receipt* for tomorrow are m follows: Today. Tonior. tint*.. .. Hogs, head LIVERPOOL GRAIN MARKET. Wheat opened easy %6% off nnd nt IM p. m. %6%off. Closed steady %^% off. Corn openwi «rolet unebnnged and n» 1:30 p. ni. unchanged. Closed steady unchanged. COTTON SEED OIL MARKET. Following Is given the opening and clos ing quotations of the New York cotton seed oil market Opening. Close. August. . . . September. . Octolter. . . Novemtier. . , December. . January. . . Following are the cott Remarks. Higher temperatures are reported from most station*, the greatest Increase In-lug ... ... .—^ 1 ** The mlufuil has beei icattercd. W. V. MARTIN. Observer Temporarily in Charge. WEATHER FORECAST. Washington. Aug. 8.—Weather condition* and general forecast: The development of nn oren of high pres sure In the Isike Hsperlor region ha* ranged n fall of tcmp'watiire along the Great Lakes; elsewhere tin* chance* lu tempera ture have been tinlniiHirtnnt. The rainfall of the last twenty-four hours bn* lieen light nnd mostly confineil to Iowa, eastern Netrrusk.1, Kansas and Missouri. Fair weather with slight temx»erature change* I* probable for the next thirty-six hours In the Washington forecast district, except that lower teniperafnre /* probable Virginia so wgrm Friday .... tions; light variable winds, becoming north easterly. North Carolina: Partly eloudy tonight and Frldnv; slightly cooler Friday In east ern portion; light variable winds. Mouth Carolina nnd Georgia: Tartly cloudy tonight nml Friday; Ught variable KoMtern Florida: Fair tonight and Fri day; light vnrinhte winds. Western Florida. Alabama nud Mississip pi: Tartly eloudy tonight sud Friday; light southwesterly winds. Kentucky: Fair, except an occasional lo cal thunder shower tonight or Friday. Tennessee; Generally fair tonight trad Louisians: Fair tonight amt Friday; light ALONZO RICHARDSON & CO. Public Accountants, Auditors and bank Examiners. Audita. Special Examinations, Costing and Systematizing, empire: building. Atlanta, ga. "1 I i.«.••*•••«.«....a«*..a...*#***. A bill to separate the office of city court Judge of Richmond county from the office of county commissioner was favorably acted upon by the committee on liicorporntlcn* from the house Tuesday afternoon. The Ml! wa* Introduced by Me**r*. Wright nnd Allen, of Rieluuoiid, nud It* favorable reeotnnieinlntlon bV the ran unit tec marked the end of n tight whleh has l»eeii waged for years In Rlebuiond county. Tinier the present law the Judge of the city court of Augusta. ha* been ex-officio eoiinty com missioner and not until the present year tins tlie effort to have the office* depurated been snccessfnl. At the meeting of the npiwoprlutloiis committee of the lious«> Tuesday afternoon the general npproprltitloii blit, amounting to 34,465,9m f.H* the your W* nml 84.615,for the yenr 1909, wiih ri*eoir.mended for passage by the bouse of representative*. The gen eral defiMeney bill of wa* also favor ably recommended by tfie committee. By recommending the npproprtntloii bill for pannage the eouuiilttec reconiniend'ii an expenditure for J9*W of more thim tJOO.OM) than the revenue to be received during fti.it year, the revenue nmountliig to only 31.25).- 000. The geueral deficiency bill n*coniiiiciul- ed for passage Involves the following dert- eleneira: 310,000 for the I'oiitlugeiii fund, 310,000 for piiblle building fund. 342,000- for the state millti.i. fi.0»>) for the Atlanta nml Mneon riots, |5,V30 for the Juvenile reforms lory. uiru t r . T . tuatb ns. such ns was to he expected nftn yesterday** extreme decline. It wn* natu ral that mo severe a decline should bring In a grant deal of liquidation .by outside bolder* who were either unable or uuwltllug to respond to calls for additional margin and nt the time that ii certain nmount of substantial buying should make Its up- |N>aram-e while tilt* forewl selling wa* nt its height. The market showed these eon- flirting forces very* clearly, first In a head long decline, then nn abrupt recovery, fob lowing which price* moved back and forth uervoiiMiy, without revealing any positive tendency either way. The leading ntock* lu their first downward plunge solu anywhere from 1 to 3 points below the lowest figures of yesterday, I'll loti Pacific. Northern Pa cific, Hi. Paul, Topper and mneltor* suffer ing the largest lo*s. .The rehonuU which raiue after the first quarter hour ramed price* back. At tlilsflevel. the urgent pres sure of stork* for Male conned. Imf, on (ho other hand, the short Interest had been reduced sufficiently to cause nn equal slack ening of the demand from thnt quarter. T»ie volume of bnstndss wn* somewhat larger than yesterday, ami it was note worthy thnt trading was equally as large on advance and iMcitne. ft ootth! he Infer red from tfil* that the Impulse to bur had mm *n*‘d decidedly orrr rest onlay, and flint It nt icuMb fairly inn tolled the Impulse to ell. New York. Aug. 8.-Tb* stock market pouetl with Initial declines n» follows: Northern Pacific 2, Bonthern Pacific 1%» Erie %, Pennsylvania nnd American Loco motive %, far Foundry, l.*hosn|»eake and Ohio and New York Central %. Brooklyn Rapid Transit %. ami Reading. Intertior- onph-Metropolitan %. Amalgamated sn*l Na tional Lend %. St, Paul opened nt 123 to 123%, the lower figure showing n loss of 1%. I.’nlon Pacific lost in all 1%. Nleel common nml Great Northern Ore certifi cates lost 1 point. Steel preferred % lower. Sugar lost In nil 1%. At the end of leu min s' trading ihe market eoutlnued very erlsh with evidence of pressure. MONEY AND EXCHANGE. New York. Aug. 8.—Money on call ■tendy 21-49XS per cent; time loan, unctmngrd: M d.y. SI-1: #0 day. 5 3-4: nix month. 6 per cent. Pouted rate*; Sterling exchange 14.84 <i*4.8« 1-2. with actual buxines, in bunker.’ bill, at l4.865l4t4.S855 for de mand and *4.818004.8290 for HO-duy bill*. prim" mercantile paper unchanged. London bar .liver 3116-ltd. New York bar .liver 69 S-8c. Mexican dollar. 53 7-8c. GEORGIA RAILWAY ANO ELECTRIC COMPANY. AIIK. t>. • ••'A iviire .fix; nnd asked price on Georgia Hallway nnd Klratrle t’ompnny today: Asked 83. Pro* fern-d, none. CENTRAL OF GEORGIA. THE LONDON STOCK MARKET STOCKS— Annmmln .. .. -. .« .. .. Atchison do, preferred Amalgamated 4*i»p|»er .... .. Ilaltltmac and ('hcsiipeukc and nmndlaii Pacific Erie .. .. .. .. .4 .. *• do preferred .. Illinois Central .. Louisville nnd -Nashville .. .. Kansas mid Texas .. ., .. .. do, preferred New York Central Pewwrlvs.’iln .. »» -» »» *» Ontario nud Western Norfolk an:! Wester# .. .. Philadelphia mid Heading .. Hnrk Island Hotitticm Pm Iflc .. .. Hontbern Railway r1'», preferred K> i»n(ji ,, Fnlon Pmdtfe .. United State* Steel do. preferred Opo|2|)m;cio* ::::: »: w in ■ ,i«JH 119^ lifill "•Kx-ilivltleml. A strong protest against the Mil by Mr. Smith, of cnmpiHdl, providing that hi eni pioyor thrill l«» held nHimttxtltle for Injt- He* rectdvefl by a servant through the neg ligence of a fellow servant, was made tie <ore the general Jiidlelnry committee of th* house by n utiinlM-r of prominent lunnufae Hirer* Tuesday nfteriio Among finis* who niqsnired in opposition to the bit I were Ham Ik Jones, president of the Atlanta Htov** Works; Mr. tiholstlti of Hanson, representing the cotton Interest* of the state. The commUte4» mljourned without taking actlou on the measure. variable winds on the coast. Texas, Oklahoma, Indiau Terrfforv and Arkansas: Fair tonight and Friday; light southerly winds ou tho Tsxas roast. 4% UNION 14% SAVINGS BANK Could RutfdMff CAPITAL STOCK . . . SI00.000.00 RESOURCES i - 0/ 8200,000.00 4 /O 4°/o $88,000.00 GOLD BONDS to act investor nearly 6 p<^ cent. Write for circular. J. H. Hilsman & Co., Atlanta, Ga. ATLANTA NATIONAL BANK ATLANTA, GA- C. E. CURRIER, Pre.ldenL H. T. INMAN. Vlc«-Preild»nl GEO. R. DONOVAN, Casbl.r. JAMES 3. FLOYD, Aul.tant Cathlr*. Capital $500,000.00 Surplus and Undivided Profits $650,000.00 We Solicit Your Patronage. J