Below is the OCR text representation for this newspapers page.

- THE ATLANTA GEORGIAN AND NEWS. FRIDAY. AUGUST 9. 1907. 11 Tone Was Strong—Prices Steadily Advanced Dur ing the Morning. NEWS AND GOSSIP of the Fleecy Staple. Special to The Georgian. rd, Vick ft Clark.) LIVERPOOL STRONG Western Belt Still Hot and Dry—Bear Leader Re ported Covering. New York, Aug. 9.—The opening of the >n mlvnnre of 3 to 12 points. On the call mul afterword there wns heavy buying In the pit. which observers of the market us- boelated with n big outside short Interest. Up to midday the market wns atroug the fureoaat tor continued hot nnd < dry the forecaat _ weather In the western belt nnd what was thought to Imj covering by the leading bear. Profit-taking In the afternoon caused a re action of sereral points In the late after noon. though the undertone wns steady. The close was steady, net « to 17 points higher on the active months as compared with Thursday’s final quo tations. The sharp advance of 3-4c to 13 3-4c for spot cotton at Galveston attracted the attention of shorts In New York on the new crop months. October selling 1 l-2c below the Texas price for the actual stuff. Weekly Interior movement: Receipts .. Shipments Stocks 1907. 5.882 14.505 94.960 1906. 18.161 ^^■(Frpra Hsywa;^, IHA „ v........ New York. Aug. 9.-J. S. Bncbe X Co. Liverpool was due 2 higher on old and 1 %6 higher ou new. Opened steady 5 high er on near am! 6 higher on distant post " At 12:15 m M steady net 5 higher a and 4%@6 I ‘ “ business motlorutc Spot, Jim a lid cxjwrt C00; receipts 1.000; ‘Aiuer lean, 400. Liverpool sends higher quotations. cr *tb*nl condition of the crop In Texas, with no prospect of relief, has caused a buying lu Liverpool this morning, nnd will bring further advances here. It seems sltuunlon holds the market. Look the Te far months at any time, utilizing average. Looks like the big man Is running. the Itiordun has bought 60,000 bales and still taking everything that comes. The course of the market for the moment depends on how big a short line the big men has been carrying. The bear clique has evidently been busy covering. Consider the market n sale for ■ turn. Following ore 11 n. m. bids: August 11.64; September 11.74; October 12.21; January Looks like Price and his following taking bull side. The big rasn Is an artist A 9 avill/.IH.iiv ITaI ,1'ln.ln I*. Trt.n. am.1 •«a. they wifi put It much higher. About 15.030 notices out. most of them be- - will need good bullish PRICES OF COTTON YARNS ARE SOMEWHAT EASIER. The New’ York Commercial: It Is stated In the cotton yarn market that prices are somewhat easier than they were nt the opening of the month. Buyers of all counts are Insisting that '* : some concession be made here, on sizeable contrac In point of volume the business now pass- Comparative receipts at all U. B. ports: Net receipts, today, August 9 1.204 Same day lust year 4.303 Decrease 3,099 Total receipts for six dnys 7,402 Same days last year 24.615 Decrease 17,213 Decrease 17,213 Totol receipts since September 1....9,824,793 Same time Inst year 7,837,202 Increase 2,987,593 Estimated receipts Saturday: / 1907. New Orleans None Galveston None Houston • .600 to 8t Movement nt Atlanta: Receipts Friday, August 9 9 Same day last year 75 Decrease 66 Shipments Frldny, August 9 233 Same dny last year None Increase 233 Stock on hand Friday, August 9 2.741 3,617 Increase 8P0T COTTON MARKET. steady; middling 13c. middling 13.40. Hina " —..id/: New York, quiet; New Orleans, firm: middling 13%. Augusta, qnlet; middling 13%. Savannah, firm; middling i2%. Memphis, firm; middling 13*4. Galveston, Ann; middling 13%. Charleston, nominal: middling 13%. Wilmington, nominal: middling 13%. «) liuiiuuiuii. IIUIIJIU.II. iuiuminia Norfolk, steady; middling 13%. St. Louis, quiet; middling 13%. Baltimore, nominal: middling 13%. Boston, quiet; middling 13.40. Philadelphia, quiet; middling 13.65. Mobile, steady; middling ©6. Houston, quiet; tnlddllug 13c. so selling agents declare, of seeking ad ditional orders, nnd they maintain that by standing firm on their present prices they The demand during the past __ has shown that men’s wear mills needing yarns for cotton warps are ready to tnke stocks nt a figure, nnd in some Instances at the seller’s asking price. At this time, knitters should be doing more neflve purchasing than Is reported In . nd their reluctance to cover using some uneasiness among hold ers of yarn. .Small spinners are the ones most affected nnd they are looked to, In the near future, to revise their quotations if any downward movement Is to be wit nessed. Print Cloths Quiet. Except for n few belated orders by print- no want- narrow good* through the Inter months, trade wns quiet on print cloths. Brokers have little or nothing to offer In the way of spots on regulars, nar row odds or wide gray goods, uud so ore Inclined to keep strictly to their quoted prices on contract. Tho absence of stocks and the knowledge that a great many mills are sold months ahead, makes the market firm, although actual trading Is uowgjlst- less. Regulars keep at 5%. 28-inch 64 by 60s At 5 and wide standards, whenever sold for delivery within sixty to ninety (lay., bring 7446741c. ATLANTA MARKETS. FRUIT AND PRODUCE. Cincinnati, nominal. TODAY’S PORT RECEIPTS. The following Ubla .bows receipt, it th, port, today, compared with ths eame day nut year: Now Orleans. Galveston. . . Mobile Bavnntinh. . . Charleston. . Wllmlngtpn. . Norfolk. . Baltimore. . . . Boston Philadelphia. . Pacific const. . Newport News.. Totol. . INTERIOR RECEIPT8. rlor today, compared with the same day lust year: Houston. Augusta. . Memphis. Total. , , . . . . .j •Neveu hundred and 1298 twenty-four new HAYWARD, VICK & CLARK'S DAILY COTTON LETTER. Orleans, Aug. 9,-There was further h* In th* J *“*■ ‘ J conditions In the . _ •wither .vstern ha! _ shows no rain nnd high, rising temperatures. Opening trades here were •t an ndvnncc or about 6 poiittr * " r _/ followed, . . .... ndvnncc to 12.65 for October on the official forecast, promising fair weather to fcorrow in Texas, Arkansas nnd Louisiana, fin ml rain fell In Alabama nnd the Atlantic*, Lut the trade at present seems to be con cerned over prospects in the west only. »ns, a S%c.„ cb. 1 is corns pounci, tries, hiiitb. msc hens,15c per pound; ducks, drawn, EGOS—Active, 20c. LIVE POULTRY—Hent Chickens (frhs), 12%027j 80c each; puddle, 25c eacl %bms? _ active, 18 cent, pound; fries, pound; hens,15c per r "prfonuc£—Lard, lie pound; ham, no III-. 16c pound: should,r. nctlre 10011c pound; side, active. He pound; bntter dull; 1001244c pound; bee,wnx active, Me pound; honey, bright, active, 10c pound; hooey lo 1-ponnd blocks active, 1214c pound. FRUITS—Lemons, fancy Mcssenn, 10; ba nanas, 344 lb.: pineapples. Florldn stock, none: limes, Florida stock, per hundred, 11: peanuts In sacks averaging 100 pounds each, owing to gmde, per pound, 64468c; cantaloupes, slow sale. Toe crate; wstermel ons, 1214®20c each; Georgia penhben, 91.250 1.75 crate; rhubarb, 75c ooeb. VEGETABLES—Potatoes, new, 13.25 bar rel: per bushel, 11.3001.15. Onions, Goor- f in, 11.60 per bushel; Spanish. 11.60 crate; rnnt, half barrel, 18.75; cabbage 2Vie pound. Edited by Joseph B. Lively Mr. Lively’* tw*nty-flv* years* experience of ed iting markets IQ Atlanta and the South has mods him a recognised au thority Id hie specialty. RANGE OF NEW. YORK STOCKS AND COTTON MARKETS NS MR OF fbTOflS* Am. Am. Sugar lteflnery. American Smelting... American Car F. American Cotton 6lL . . . . Anaconda Atchison do. preferred. Atlantic C, Line. ... .\. . Brooklyn Ilapld T Baltimore & Ohio. Chesnpvnki & Ohio. Canadian Pacific. . . "hlcagp ft Alton. . . , onscdldsted Uuj. . , uu. preierreu. ..... Colorado Fuel ft Iron. '. Corn Produce Colorado Southern. .«. • Delaware ft Hudson. . . Denver ft nio Grand*. . Distiller,- Securities. . . Erin S do. preferred enernl Electric. .... rest Western •-rent Northern pfd. .. . Illinois Central: Interboro do. preferred. uw, dll IBM, , Kansas k Texas* . KAMO OF 8TOCK. Kan Lou Mist Mexican Central , . . New York Central • . Northwestern , , , Nutloual Lead . . . . Norfolk aud Western . Northern Pacific • • . Untarlou A West.. , . Peuusyfvaula ..... Pacific Mall . . . . . People’s uus CO. . • . Pressed Steel Car. • . Rook Island do. preferred Repub. iron A Steel , , a, . . do. pref . , \ Southern Pacific Southern Railway. .1. . . , fit Pa {* rtxtrred Te’nn. Coal* aud Iron *. *. *. ! Texan Pacific ........ U. 8. Rubber. . . do preferred * do preferred , Weatern Union Wahnsh .... do preferred & .7234 1 .TIPS FLASHED From Wall Street New York, ’Aug. ’ft—J.’ S. ilnclYe ft * * Loudon Irregular. Ht. Pu American In . and .Union Pacific' show Amalgamated off %. Shnrl CnrnrlniF ’m Short covering ‘and a fair amount of outside buying Anally stemmed the tide of liquidation yesterday. Home large lines re ported as having been covered by the beer clique. The short Interest still quite large, hud this Will probably be. covered this morning. Some of ths large interests gnr support to their stock* in* curly trndlnjj 8t. Paul. Cornier and other standard Oi stocks exhibited bokt strength. E Totol stock sales todgy, 697,709 sltnres. •Ex-dlrtdend ■!% per cent NEW YORK. tures In New York today; Closed! steady LIVERPOOL. Following Is tho opening range. 2 p. m. and dose, compared with yesterday’s close. Futures opeued firm.. Opening Rouge. 2 p.tn August 7.03 -7.02% 7.< Aug.-Hnpt.... 6.81 -6.90 1 Sept.-Oet..., 6.78 -6.77 Oct.-Nov.... 6.73 -6.69 Nov.-Dec.... 6.70 -6.69 Dec.-Jen.... 6.68 -6.67% 6.68 .Ton.-Feb.... 6.68 -6.67 6.68 S ell.-Mar.... 6.69%-6.C8% 6.68* ar.-April... 6.70 4.69 6.69' Aprll-Mny... 6.70 6.70 Closed barely stifidy. NEW ORLEANS. - Th* following Is the rang* In cottoo fa tures In N*w Orleans today: d 1 i = ^ |ll i 11 Aug Sept Oct Nov Deo Jnti Feb March. . . iiti 12.5«; ik|{ 12.69 1*2.77 *13.00 12. *» 12.62 12.71 12.77 iiyilr/.yy 13.8616.64 adoiiileo 12.69 12.69 iiLnIfti? 13.00 MJ74I 12.64 -65 12.61-63 12.60-61 12.67-68 12.78- 75 12.79- 81 12.92 1182*83 12.60-51 12.46- 4$ 12.46- 46 12.53-64 12.68-60 12.64-65 Closed steady. :ig col A higher opening generally Is expected. nt repuf* “■* * * * Government report may come out nt noon, nnd n favorable report should stimulate the market. I,ondon bouses sold Cnhadlan Pacific. Town Topics: It Is too much to hope for tho market to recover right away from the shock of developments during the past few dnys, and It must be remembered that the strong bear party will »>© continual ly on the lookout for the appearance ol support of stock bought by banking inter ests In order to prevent more acute demor alization. Consequently we look for a con siderable period of comparative dullness. With fluctuations, growing narrowci* not far from last night's close. W« wonld not buy coton, except for turns on weak spots. Walt for a sharp break before buying *tfir The XU- Vor •f ISM. It svvm«. John I». tlork.fellvr toll! Ills fl.vsland physician tlmt he wns sl<-k— not on semnnt of ths ilininrlnl sltimtlon but tlimuuh ill an i*i mint insu t lu my frlsmls." In ths llkht of ressnt events, will the ills- tjnunlshsS altruist anil phlliiiithropTiit tell Wnll —— — * *-■- — street why some of his frlemls .... slek now? On Frlilsy It Is expeeted thht the M ernl onthortllea will luive aecnreil an In dictment of nnother of the subsidiaries of the Standard Oil Comimny—the Vacuum Oil Company. Nature abhors n vacuum, aud so does the preient Washington government. MONEY AND EXCHANGE. New York, Aug. Money on call Stirling exchange $4.84@4.87 1-2 for demand nnd Prime mercantile paper unchanged London bar silver 81 16-16d. New Mexican dollars 54 1-4. LOCAL 8TOCKS AND BONDS NOTES ON GRAIN. Pointers on Provision* Special to The Georgian. . (From Hayward, Vick A Clark.) Chicago, Aug. 9.—J. 8. Bache A Co.: Wheaf looks as though It Is getting pretty close to bottom. There Is ft Tittle business being worked each tiny for export from th4* gulf and for nearby, but there 1ms been none of consequence out of here, and probably *“ TRAD! RATHER LIGHT IN THE WHEAT PIT not l>e for some time to come/ Believe the foreigner has got to have n good deal of our wheat. Chicago Record-Ucrald: New York exporters say the demand for corn has i lignin, nnd they expect It to con- loss the market should sdvanco -. The depressing factors, namely, shipments nnd offerings frorar Russia s Danube, have been to n very large sharply, heavy shl] aud the i! extent removed. continent hns bought n fstr line of t „ say Alber ta's wheat crop Is assured without another drop of rain,” writes F. L. Harris of Ed inontftn. Alberta, to Harris, Wthtlirop Co. ”8omo of them say it Is bettejr off t hns no more. I think help, but we will get a Mj rain. The c ' three weeks . . .... of the crop odt of danger. Winter wheat $ e will get a Mg crom ram or no only thing to rear Is frost, and s like the past will put tho bulk j out of danger. WlftUf wheat harvest has commenced to the south of us. They have four or five times-Inst years acreage, and will hare a big yield per ’’Farmers are about through shock thrash ing,” Writes William Burko, of Friend, Nebr. ”A few have tried to thrash their oats, bftt find them no earthly good. One GROCERIES. RICE-Jap 5©6%c; bead 6«ffc: fancy htad l%4W. according to the grsda. CHEESE—Fancy full cream, 17 cents; Georgia cane syrup 37 cents gallon; salt 100-ronnd. 00c; axle grease 31.75; aoda crack era, 6*4c pound; lemon, 8c* oyster, 7c; bar rel candy, per pound, 6%c; mixed, pet pound. 6%e: tomatoes. S-pgund, 12.00 case; i-pound, fits; navy bean*. $149: Lima beans lc; beat matches, ner gross. $1.«; macaroni. ciZfiTc pound; sardlnea. mustard, *3.25 css*. llUGAR—Standard granulated. 1%; New to tho bushel. I do not expect oafs to bo shipped In here In tho spring for seed.” September trades In oats are settling up it 79, ns comps red with 99 n year sgo. A Toledo wire to Fluley Harrell & Co. aid: "Country dealers are not selling nny for a dollar a bushel." ,rs sn<l barrel, Uc; ,re«n 11612c Phrcildcrt biscuit K csss: No. 2 rolled est. ^.25 case: sack (frits, seponnd haxs, 2185; Sisters. MH wclxbt. 22 csss: light wslfbi tl 10 case; pepner, 18c lh.: baklnx powtlcr 85 is*; rail salmon. tH»k «««, US cocoa, 49c; chocolate. 33; naff, in., nra, 48c; roast beef. 12.60 esse; cnrncj] beef. IS.M cnii: catsup. S-N c*M| dnjj leans. *e J^R°I J»JP? notnah, “ New Or- _ Cuba „ olHS u. 83.25^3.80 caseineonuti. 8c; ror% Qy cotton, lie; soap. IL60®4 caia. now had over 40 points However, advance .. . I* considered. - - - tirntlous on today's map to eutltle nnybody that the dominating factor In giving this dry apell la gradually *nd ss the map Is presented today there Is ft the possibility of a change. Hpec- «t leant the price nnd outside In. , ohunge weatherward must In* promptly sldertd. Official reci»rtla show « tempera- tare average of 100 degrees for the territo ries and one of 98 for Arkansas, Texas, Louisiana nnd npper Mississippi. Texas papers are full of accounts of deterioration owlag to ahMdlng. premature opening and stoppage in growth. There were rumors from New York that the hear clique wot rorerlng, but the news l* not credited here, «" the market did not net In n way to sup- I'urt it. A more favorable visible supply ■tfitement la expected this evening and a uiullsh crop summary by The Chronicle, nil tuullsh crop summary by The Chronicle, nil °t whleh should have a goo4t effect on for* J gn markets tomorrow. Trading here set tled around 12.W for October and Is quiet •t present. New York, Aug. 9.—J. 8. Bache & Co.: There was ft further stampede of the short* ^nrly this morning, making new high «w- ®rds on the advance. The cumulating InHu* eurt> was the weather conditions In Texas nn»l strong advance In Liverpool. Almost the start there appeared buylnaBH PROVISIONS. PltO^VISIONS—Staprcma hams !3%c. bellies arss pounds average. 9^,4; fat backs, Supreme lanl. 10. I»nrity compound, California bama, 10c; dry salt extra i FLOUR AND GRAIN. FI.Orn-Hlxh«t parent. 5.9J: ii«, pat- ,nt 25 25; stnndonl parent 84.75; half pst- »nt' It 65; spring wheat parent, 44.00. * CORN-N’o- 2 whit*.'lie; oholcs whits. 8fe* white ft»l. ra« No, 2 vellow. 71c; mlxcft 77.** i*mrkt*1 corn por bushel, 78c. CHICKEN 2'EKD—Fifty-pound sacks, 86c*. PvTnla chkk feed. 12.00; Victor feed. J1.J3* l ’oATl^’o. , 2 S whire. «0c: No.-J nixed. 6k-, Golden oats. We: white dipped, 61c; fancy MtjAL-t’lnln. per 90-ponnd sucks. 77c; 41- pound S*el:s, 78c; plain, 24-pound socks, 80c; "HAV-Tlmothy. choice Inrre hale,. 11.40; do. choice small bales, 11.35; No. 1, one- third bales. 11.rj; No. 2. one-third bulei, I 26: eholce t.ralrie. 81,00; Ib-rmnd,. |i.». SHOIITS—Choice white, 21.60; fancy. 1.50; brown (80 to 100 poundsl. 11.46; bran, ILM. COTTON SEED SIEAFc-Urlme per ton. gft|0; No. 2 per ten, 224.00; bulls per ton, for Mr. Price. The pnrrhase of n Hne of the market blither. Tills biiylrnr wns sal. ti» represent short covering. The continua tion of the hot, dry weather Hi Texas seems to bo th«* key to the bull situation. Temporarily prices may run off, due to technical conditions, bnt the real movement inn upward. The condltolns In-Texas, if Tided by King, .of Toledo, makes com of corn 89, July 79, a year ago 100, when the crop wns 106,000.000 bushels. The wheat crop, compared with the average, wns 80; condition last month 99, a year ago 96, quality 96. The oat crop, compared with the agerage. Is 71; condition Inst month 71. Exports of lard to Liverpool are expected. Tneaday’a advance there put that market only %o per pound away from a profitable shipping basis, na compared with Chicago, about as near a shipping basis as the two markets ever get. COTTON 8EED OIL MARKET. Fallowing Is given th« opening and clos ing quotations of the New York cotton need oil market. Opening. Close. August 63 OW September. ...... 68%o54 October 61 4*51% 60%i November 42%<j‘43H 42%« December. 40% January . 39%C‘40 Following are tho cotton seed oil .... the opening nnd close: 109 S'eptembcr at 54, 600 October at 51%. Closed steady. LONG DROUGHT IN TEXAS BEING VIEWED WITH ALARM. Iff* part of the clique brokers, sold to be tnre. ..... .. IHIH all traders ami sitot dealers to study the situation closely In the nl*ove named state and shape their interests In arconknee with the outcome, look for higher price* In the near fu- HAYWARD, VICK & CLARK, COTTON, STOCK8, BONDS, COFFEE, GRAIN AND PROVISIONS. Carondolet and Gravier Sts., Now Orl.an*. MEMBERSi 52 Cuttou Exr*b«n„. Sew Ortrens 11 ^'»"«i n 0,, ^rdl’5 < 'Ti5dS; New York Coffee *?*»»,'- Orleans Cotton Excbsni f,«w York Cotton Exchange, OR.TCntan Cotton Exchange, Houston Cotton Kxcba Awotin te MwtbOTi Liverpool Cotton Ass n» ,B ?ew York and OMs— , J. 8. BACHE 4 CO., AND BARTLETT, FRAZIER 4 CARRINGTON, PRIVATE WIRES TO ALL POINT8. New Orleans, Auk. ft—The Tlmes-Demo- rrut says: "Broadly apeaklna, the talent note generally believes that drought In ths west Is dally eating further Into the poial ble aggregate yield, ami on thla hypothesis more men wanted to bn, cotton than eared to sail It. -There won less reflected Influence from the stock market, operatora recognising the limitations to the declining tendency In security values, because current levels practically guarantee splendid Investment dividends. The slump in English consols to now low record gave market students fresh concern, whleh was of course tem pered by the fact that the Inveatment baalt on new onerattona has been bettered. The ■pot sltuaTkni. being less fully understood than the trade might think, la doubtlessly destined to prove a strengthening factor of the first magnitude. ••Current artnal cotton fltnUMona lr * misleading. In that they are nominal merely aud do not represent by an Important der- traded In. Meanwhile the Ion* drought In Tessa and the absence of relief, together with the unfavorable reports eonstsntly coming la from sections of Arkansas and Louisiana, are l*elng viewed with alarm by the trade."'—Hayward, Vick ft Clark. Tendency Was Downward. Com Started Finn and Slightly Higher. MARKETS .. -.. ..J- .. ■ 8T. LOUIS CASH .QUOTATIONS. lower on easier cables ami tlio telegraphers' strike with the local crowd doing most of the selling. Trade was rather light. Min neapolis stocks decreased 900,000 bush< the Week. Corn was rather firm nnd higher with folly good buying by commlaslon house*. prices I i scattered real- September, nl Provisions were firmer. Packer* buying. CHICAGO GRAIN MARKET. Chicago grain and provision quotation* for today aro a* follows, compared with yesterday's close: Previous Open. Ulgh. Low. Close. Close. wtIKAT — 87% 97% fiept 88% 88% 87< Dec W% 93% 92 - m. p s i •ATtt— Sept.... 45% i'o'iik- fiept.. 16.85 LAUD— fiept.,. 9.17% Oct... 9.22% BIBB— Sept... 8.70 16.50 18.20 16.18 11.17% 1:8“ Oct.. 8.7354 8.8244 •-8744 CHICAGO CAR LOTS. ■nd estimated receipts for tomorrow are a, fdflhw*! Today. Tomar. Wheat. 286 Corn 223 Oats.. .. 85 lloga, h- nd )MW LIVE 8TOCK MARKET. Chicago, Arg. ft-Hoga—Recalpta 11,0*). Market 6CMe higher; light 26.9086.40; mixed 26.76flO.2744; heavy 2S36fl4.IO; rough 25.36a 46; pigs SS.60fl6.15: yorkera t6.80fl6.86. Cattle—llecelpta 16,000. ■ Market strong; WEATHER REPORT. WEATHER CONDITIONS. The uroft of high pressure tbnt wns cen tered over the Great Lakes yesterday morn Ing has moved eastward, increasing In en- orgy, nnd Is now centered on the coast of Main*. v The pressure has decreased over the re mainder of the country nnd today Is about normal over the South. The confer of low- fgh temperatures continue over the ma jor portion of the country east of the Rock* los except lu the lake region and over New Showers have occurred nt coast stations from New York to Jacksonville and at a few scattered stations in the Interior. The outlook favors partly cloudy to cloudy weather in this section tonight and Satur day, probably scattered showers. COTTON REGION BULLETIN* ISTRIi Atlanta, rain. •Chattanooga, cloudy. Columbus, p. cloudy.. Gainesville, cloudy. . Greenville, cloudy. . . Griffin, cloudy •Macon, cloudy Montlcello, cloudy. . . Home, rain Spartanburg, cloudy. . Tallapoosa Toeeoa, cloudy West Point, cloudy, .[ „ •MluJmum teinpernrtures are for 12-hour IT *3 period ending at 8 a. m. this date. CENTRAL STATION. Atlanta. August*. Charleston. . Galveston. . Little Hock. Memphis. , . Mobile. . . . Montgomery. New Orleans, Oklnhoina. . Savannah. . . Yleksbnrg. . Wilmington. T. Indicates DISTRICT AVERAGE.*. Atlanta k West Folnt R. R.. Atlanta. HlruiHigham and A.. do, preferred Augusta Fnctorj Augusta Factory 77% Ceutral Bank mid Trust Corp. 130 132% Exposition Cotton Mills.....'. 220 ... fourth National Bank 210 On. II. It. am! Banking Co.... 240 Go. By. and Electric 80 do, preferred Seaboard Air Line do, preferred Southwestern Atlnntn 4 p. e. bonds, 1933.... Augusta 4*. 1988 Georgia 4%*. 1915, coupon 19% 107 99% 1*06% do, 844. >»*>. reg Dixie Cotton Mills, 1st rate. 6s. Da U. B. and Bkg. Co., it.... 101 Seaboard 4s. 1*50 68 m THE COFFEE MARKET. New York, Aug. 8.—Following are coffee cables: Havre, 10 a. m.—Market qnlet; 12 noon, unchanged; sales, 4,000. Hamburg, 10 a. in.—Market unchanged to 44 pfennig down: sales, 41.000. Rio receipts, 2,000; market weak. Hnntos reeelpts, *6.000; market Inactive. Hno l'aulo rm'elpia, 34.000. Jnndlahy receipts, 26,000. RECESSIONS SHOWN AT THE OPENING Canadian Pacific Was Ex ceptionally Weak on Lon- • don Selling. BROKE OVER 2 POINTS General List Fractionally Off, Increasing Declines a6 Session Progressed. ' York. Aug. 9.—Today'* market fob lowed the usual course of procedure after first sharp reliound from a violent Ht«»cks which were t&keu f<ir sustain* the fnen wq»|dy. together with the lact that th' short Interest had lieen greatly reduced left the market in * * *** left the market in a weakened position. It wns npiNtreitt that the opportunity wn* heliigi taken advantage of to renew opera tions for the decline, and the low prices renched around midday S4*itm*d to l»e inoro the result of short Helling than of actual liquidation. The foreign markets were un settled by a further dedithe lu British eotmols and the American list was affected ttHflivoggfijg *— “ - - • ‘ or twelerred share* iff the Grand Trunk railway. The latter occurrence wn* the ostensible reason for the extfrelne Weak ness of CnunUIni) Paelfle stocks. Iioth 111 I«f»ndon nnd In the early dealings here, fount speiial pressure also develoimd ftgnlnst the Copper shares and against Reading, mimed almost touching the low of yesterday morning. Elsewheru prices yielded more reluctantly, the volume of selling wn* comparatively light, nnd there uiiutlstakable reslllen' g-— —-j — nay of ter the Intervals of depresHlou. New York, Aug. 9.—The *toek market wft* slightly Reactionary at the opening with the majority of shares showing recessions of from %<?(%. t'aiiodlan Fadflc Was excep tionally Wesk, break lug 2% and subce- .. nd and Kt. Paul %. FFiuero. nciuuiern |H| New York Ceutral down GEORGIA RAILWAY AND electric Company# Boston, Aug. 9.—Following was the bid nnd asked price on Georgia Railway and Electric ComjHiby tmlay: Asked 83. Pre ferred, noue. STANDARD OIL STOCK LOWEST IN MANY YEAR8. New York. Aug. 9.—Hrnmlnrd Oil stock broke 17 points on the curb to 466. the low est mark touched in many years. The stock ffered at 471 With DO bid.' MINING ST0CK8. Boston. Aug. ft—Opening; Calumet and lire Coalition 2064: North Iluito ITorlft 760: nu#VSHHSSVS|Pi*H**HHP 72; OM Domliitou 8544; Kknnnou 14; Onlncr ISl Copper Range tl%; Grecne-Couanea THE LONDON STOCK MARKET# The following figures give the opening Huge and cloee lu the New York coffee asrket for today; Apr! Nl.iv • fine une .. .. July .. .. August ., September October .. November [December Opening Ranee. ..6.70-6.80 ..6.70-8.80 ..6.80 ..6.80-5.S6 ..6.86-6,90 ..6.85-5.90 .. 5.95-6.00 . .6.60-6.70 ..5.704.75 ..6.704.75 ..6.65-5.75 .5.704.75 Ctos*L 5.tt-5.90 6.95- 6.00 6.95- 6.00- 5.95- 6.00 6.954.00 COOA66 6.054.10 6.75-5.80 - —1.90 ms ul 01 72 fl ail r. Indlcatee nnppreebible rainfall. * For yesterday. "For 24 hours eudlug at 8 a. m., 75th meridian time. Remark*. Higher tenqicratnre* are reported from over the entire belt, nnd is now several de- tee* al»ove normal. The rainfall ton* been ght, and confined mostly to the eastern and central districts. J. II. MARRURY, Section Director. VITIIIUCI ii .. ,. ..U.IU-tf.lD Cloned steady. Pales 19,260 bags. occasional thunder shower* tonight or Sat urday, r Louisiana, Texas, Oklahoma. Indian Ter ritory snd Arkansas: Fair tonight aud Sat urday; light southerly winds. 4% UNION 4% SAVINGS BANK Could Building CAPITAL STOCK • • • •100,000.00 -JJ— RESOURCES 4 /o S2SO.OOO.OO I 4 Jo Aunconda Atchison do, preferred AmalgamatedCopjser , t'nnau Erie do. preferred , Illinois Central Louisville and Nashville .. Knnans niuf Texas .. ,. .. do, preferred New York Neutral Peiiusylvstila .. Ontario and Western .. Norfolk and Western .. .. Philadelphia and Reading , Rook Isutml #• .. .. .. Houthern Paeific Southern Railway do. preferred .. .. •• •• fit. Paul 4 . Union Pacific United States Steel .. do, preferred Wabash BANK STOCKS. Central Bank & Trnst Union Savftigs, Lowry 'National. Pricca op ap plication. HILLYER INVESTMENT CO., Bond Dep’t. English-American Bldg. WEATHER FORECA8T. .»>; ironri ftlm-are 1 Sheet*—B«eTpU 3,000 Mar4*t Strong; na live* 22.8544; wetttrn 22J&34; yearlings 28.15 fli.83; lambs K.Ofl7.70; weatern P.8O07.W. LIVERPOOL GRAIN MARKE1. Wheat opened 44 off ftidat Li- p. m. 446 44 »tt. t’loseil steady 446% off- , Porn opened «olet unchanged and at I;M •ready unchanged. v. e NAVAL 8TO E8. csrannBftS; 6, M-otiiToTF^ui - — Di n.oifluo; C B A, CONDITION OF WHEAT AND OAT8. DON’T GET LONESOME when away. Ju»t order The Georgian and News sent to your now address daily. You'll hava a real vacation if you do. 45 esnta a month, 10 cent* a week. Phone 4928, or write circulation department, Tha Georgian and Nawa. No trouble to ehanga addraaa. Condition of aprlng wheat 7ft«. again,! 17.2 last month, and 88.9 laat year. Condition of nata 75.8.. agnlnat 81 lit! month and 82.8 Inal year. Woshlngton, Aug. ft—Weather conditions and genernl forecast; Ulgh trmperatnree ronllnne In western dlatrlrta and the great Interior valleys, ex cept the upper Ohio, whom moderate tem perature with ekMdy weather prevails. It generally cloudy In Atlantic ruaat die- tricta. with northeaaterly wlnda ami allghl- ly cooler weather from Sew Rnglaml to Virginia. Rrnttrred ahnwere have folirn In Georgia and adutbeaatarn Alabama *. alan on the north 1'nclflc conat and the northern The IhHIenttona for the next 18 honra point to showery weather In Ibe rontb At* lanrir and east gulf atatee and possibly tho lower Ohio valley. It will lie cooler ronlgUt In the eastern portion of the middle At lantic stairs. Including North Carolina. Not much change In rempsrstsre la Indicated for Saturday. Forecaat until 8 p. m. Matiltdny; Virginia—Ilnln this afternoon and proha New York. Boeton. Chicago. Washington. Philadelphia. Baltimore. Atlanta. New Orltans. San Franclaco. Londoih Ths American Audit C< ompany, 100 Broadway, New York City. F. W. LAFRENT2, C. P. A, Pret. G. E. MANWARING, Vleo Pren. THEO COCHEU, JR, Secretary.. The American Audit Company, chartered under ine laws ot New York. Is empowered to examine the affairs of, and mako report* upon tha finan cial condition of private and public concern^ for directors, officers and In dividuals. Tho preparation and Installing of systems a specialty. ATLANTA BRANCH. 1015-1016-1017-1018 FOURTH NAT’L BANK BLDO. 0. B. BID WELL, Resident Manager. Telephone, Main 872. Cable Address, Amdit, New York. Whit* My tonight; cooler except lu extreme south warmer lu the Interior winds. North Carolina—fiboirers tonight am! prob ably Katurdnr; cooler In eastern and central portions; light variable winds. South Carolina anil Georgia—^bowers to night or Saturday; light variable winds, mostly westerly. Eastern Florida—Fair tonight; Saturday scattered showers and thunder storms; light variable winds, mostly southwesterly. Western Florida mul Alabama—Scattered er showers tonight or fiatnnlny; light Mississippi- F light variable winds. Tennessee nnd Kentucky; ALONZO RICHARDSON & CO. '. Public Accountants, Auditors and Bank Examiners. Audits. Special Examinations, Costing and Systematizing, EMPIRE BUILDING, ATLANTA, GA. U H. Fairchild. Estnbllnhsd 188S. 8. J. L. H. FAIR CHILD & COMPANY, NEW ORLEANS. Membtrt: New Orleans Cotton Exchange. Naw Tori. Coffn Exchange. N*w York Cotton Exchange, New Orlcnea Board of Trade. Vew Orleans Stock Exchange. .Titeago Board or Tredp. LIVERPOOL COT TON ASSOCIATION. Private Wltee to NEW YORK aud CIII CAQO. Order* solicited for future ileUv aiy on above Exchansaa B. C. COTHRAN. FRANK HAWKINS. Prreblent. H. M, ATKINSON. Vlco-l'rreldcnt. THOMAM C. BKWIN. COahler. JOSEPH A. M'COBD, Vice-President. B- W. UYEIb-4. Asilatauc Caabler. Third National Bank Capital - - - - $200,000.00 Surplus and Profits $400,000.00 DR. A. W. CALHOUN. MILTON DA HO AN, JOHN W. GRANT, If. Y. M’COBD, FRANK HAWKINS. H. M. ATKINSON. JOSLiil A. M'COICD, J. H. NUNN ALLY. J. CARROLL l'AYNB. !•:. B. HOSSKR. DAYID WOODWARD. — ; i m ~