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THE ATLANTA GEORGIAN AND NEWS. SATURDAY, AUGUST 10, 1007. 15 PflE$SED_FOR SALE The New Crop Positions Continued Firm in Early Trading. POOR CABLES IGNORED Weather in Texas Showed No Change—Trading Was Dull. Spit York. Aug. 10.—The cotton mnrket ns quiet, 1 point lower to 5 point, higher. Here wu eom» premure on the near month*, hot the late position, continue,! Urn. Ignoring poor cable,, a, the weather In Tern* ahowetl no change. Business during tho abort session was comparatively dull, with price change, cou- Jncl within narrow limit,, the cloae be- Monday. It I, predicted It will ,how about • point, deterioration. SPOT COTTON MARKET. New York, steady; New Orleans. Ann; middling lift, Augtietn.l,quiet; middling 1314. Savannah, Arm: middling i2%. Memphis. Arm; middling 13%. Galveston, arm; middling 13%. Charleston, nominal: middling 1314. Wilmington, nominal; middling 1314. Norfolk, atendy; middling 1314. St. Louis, quiet; middling 1314. Baltimore, uonitual; middling 13%. Boston, steady; middling 13.40. Philadelphia, quiet; middling 13.65. NEWS AND GOSSIP of the Fleecy Staple. Special to The Georgian. (From Hayward, Vick ft Clark.) New York, Aug. 10.-J. S. Bacbe ft Co.. Liverpool wna due % lower*on old and un changed to 2 higher on late crops. Opened quiet and unchangged on near and 1 polut quiet and unchanged on near and 1 but steady net % to 1 lower on old and * 2 higher on new crops. Snots 1 point higher. Middling 7.41, sales 5,000, American .4,100; speculation and export, 300; Imports, 10,000 Dales; American none. The cotton market displayed marked strength Friday, but the disappointing fea ture was the small advance recorded In the face of such buying as the line of 100,000 bales of Price covering. It would seem that advanco of 50 points would hare been more In accordance with such buying. Frants, however, are gradually shaping themselves to bring about a higher range of prices. Out advice Is to buy on all fair declines. Following Is the statistical position of cot ton on I- rluar, August 9, as made up by the New York Financial Chronicle: This Last Last Week. Week. Year. Visible supply... 2.6S3.168 2,832,607 2,108.179 American .a 1,601,168 1,698,607 1,083,179 In sight, week.. 49,561 45.768 04.299 Since Sept. 1....13,344,168 13,275.647 10.9S2.S6S Port stocks 307,176 290,722 Port receipts.... 7,409 8,931 Exports .... 5,934 18.638 Int. receipts 7,170 6,562 Iut. shipments.. 13,105 18,883 Iht. stocks 88,226 94,111 24,513 16,724 27,933 128,750 ment for the week ending Friday, August 9; Week's sales........ Of which American For export 7..., For speculation Forwarded Total stocks . Of which American Actual exports Week's receipts..,.....,.. Of which American ? Sent. 1 vbleh American.. Stocks alloat Of which American.. 190T 600 58.000 878.000 761.000 3.000 12.000 6.000 4.807.000 3.852.000 50.000 12.000 T53T ~W5q 20,000 900 200 65.000 494.000 368.000 5,000 12.000 5,000 3.867.000 2.892.000 44.000 26.000 New Orleans, Aug. 10.—Hayward, Vick ft Clark: Map now complete; cold wave com ing. There are chances for rain In north Texas by Tuesday. This alters market prospects and now expect liquidation. Strike of telegraph operators %hecks sup port. but weather outlook so bullish that market must go higher. TODAY'S PORT RECEIPTS, The following table shows receipts at tbs ports today, compared with thp same day fait year: few Orleans, lalreston. . Mobile. . . . . iinnh. . . Charleston. . Wilmington. . Norfolk. . . . ew bales.* ••Incomplete. INTERIOR RECEIPTS. The following table shows receipts In th* Interior today, compared with the same day last year: 1907 1905 •676 1 3617 Augusta. 90 84 Memphis 27' 6 244 .... Cincinnati 215 109 Total 1252 3Slo STRENGTH OF SPOT SITUATION IS ATTRACTING ATTENTION New Orleans, Aug. 10.—The Tlmos-Demo- crat says: "Another day of unbroken drought In the west, some further concrete evidences of spot cotton strength and the fact that in covering In New Vork the bear clique admitted defeat, combined In making the session n bullish affair. Profit-taking by satisfied longs cost the price part of the early advance, but the close was nt the high level. During days past the talent has looked with concern upon the continu ous hot, dry weather In Texas, ninny sec- tlons not having had moisture since June, and the cumulative effect of this condition of affairs Is now being felt st the ringside. The strength of the snot situation mean while Is attracting Increased attention among the cotton trade. Galveston reported an advance nt %c to !4%o for good middling, old cotton being neglected, Shreveport ad vised that buyers were freely bidding 13c for average receipts September delivery nt that point, hut that farmers will not sell, saying they Intend to hold for 14 nml 15c. Room traders should not overlook the fact that the absence of outside Interest Is now one of the market's bulwarks of strength. At the moment there Is far more reason for believing that spot cotton will dominate tho rings thsn the rli ton.**—Hayward, Four hundred and eighty-three HAYWARD, VICK 6. CLARK'S DAILY COTTON LETTER. ATLANTA MARKETS. FRUIT AND PRODUCE. New York, Aug. 10.—J. 8. Bachs ft Co. The cotton market rnled very quiet, but at the same time the tone was firm. The newt from Texas still continues of a bull ish nature. The msp showed Indications of rains over Sunday, however, and this was nsed by some bulls as a pretext to realise over the holiday. The Liverpool market ■bowed some Improvement, and our open ing was at about a parity with last night’s rlese. The situation seenia to be very bullish, but the one thing against the mar ket Is an active bear crowd and the fact that there is no public In the mnrket. Snee- ulntion from many states lu tho South Is ihlblted by law, amt the market ou nd- .ices doe* not get the public support usual In boll speculation. We look for a quiet market, with a gradual advauctng tendency, anil favor purchases ou fair de clines. WORLD’S VISIBLE SUPPLY STATEMENT Edited by Joseph B. Lively MARKETS Mr. Lively's twenty-Art years' experience of ed iting market* la Atlanta and the Ooutb has made him a recognized au thority In his specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAME OF STOCK. Atnal. Copper Am. Ice securities. . . Am. Sugar Refinery, , American Smelting. . Am. Locomilre. . .. , . do. preferred. . , . Am. Car Foundry. . . American Cotton OIL . Anaconda Atchison .do. preferred. . ,, Atlantic C. Line. . . . Brooklyn Rapid T. . . Baltimore X Ohio. . . Chesapeake & Ohio . Canadian Pacific. . . . Chicago ft Alton. . . . Consolidated Gas. . .. Central Leather. . . . do. preferred. . . . Colorado Fuil & Iron. Corn Produce Colorado Southern. .. Delaware Ac Hudson. . Denver ft ltlo Grande. Distillers' Securities.. Erie do. preferred. . . , General Electric. . . . Great Western Great Northern pfd. . Illinois Central. .... Interboro do. preferred. . . . Kansas & Texas. . .. , NAME OF STOCK. Kansas X Texas pfd.. . Louisville As Nashville. Missouri Pacific. .... Mexican Central. . . . Now York Central. , Northwestern National Lend Norfolk ft Western. ., , Northern Pacific i Hitnii • a- Western. . . , Pennsylvania. Pacific Mall People's Gas Co Pressed Steel Car. . , . Reading Rock island , do. preferred Republic Iron & Steel. . do. preferred. .... Southern Pacific. . Southern Railway, do. preferred. . St. Paul Tenn. Coal ft Iron. Texas Pacific. . . . Union Pacific. . , . U. H. Rubber. . . . do. preferred. . U. K\ Steel do. preferred. , Western Uniou. . . Wabash do. preferred. J': 84% 32% m m §s TIPS FLASHED From Wall Street Town Topics: Such liquidation as is now o open ring is being accomplished in orderly fashion, and there Is little need to fear any thing worse than n possible momentary break from these prices In the leading storks. Even this Is unlikely unless the bear party finds support temporarily with drawn and becomes aggressive. For special reasons Canadlnn Pacific, which Is selling far out of line with other good stocks, tho Interborough and New York Central may bo under pressure from time to time. The Grand Trunk dividend cut Is no criterion for Judging American railways In general, for a comparison of net and gross earnings during the past few months allows that as n rule the net earulngs are making better proportionate Increases all around, prorlug that returns are being received from the vast expenditures that have been made out of earnings In Improveuieuts aud economics generally that conduce to reduction in the proportionate charges for operation. Reductions In loans and deposits should makeup for^noy possible falling off In cash uS iktug ndvnnt; — ,juv at least for turns the lIsrrimSQ and IYltl Issues, St: Paul. Atchison, Reading, Baltimore, Northwest. all breaks now to buy Reading, Louisville. Atlantic Coast, Knty, Sugar and General Electric. The latter's record-break- should help sent 1 . The cotton market will depend for the time being on whether ft rains In Texas. The grains should, work higher. GOVERNMENT GRAIN REPORT ON CONDITION ON AUGUST 1 Total stock sales today. 521,000 shares. NEW YORK. tnres In New t O £ 5 k z si 35 i G il Ang.. . . . Sept Oct Nov Doc Jnn Feb March. . . May. . . . 11.69 1 12.25 12.26 12.48 12.52 12.68 12.66 11.69 11.79 12.fl 1143 KR UJ1 12.59 12.66 11.59 11.70 1LMJ 12.33 12.42 HR L’.r. - 12.61 11.59 11.72 tut 12i36 12.45 12.62 12.'.'i 12.64 11.61- 63 11.72 12.22-23 12.26-27 12.36-37 12.85-86 12.48-49 12.54-55 12.62- 63 11.63- 64 11.74-75 12.25 12.29-30 1137-3$ i -. -J •: - 4 7 1147-49 12.64- 55 12.62-63 LIVERPOOL. Following figures give the opening range and close, compared with yesterday: Futures opened atendy. Opening Previous Close. 7.06% im Sept.-Oct Oct.-Nov Nov.-Dec Dec.-J.in......,.., Jnn.-Feb Feb.-March MsrehAprtl..*.. _ Close. 7.06 7.03 6.94% 6.91 6.82 6.79% 1$ «:?{* 6.72 -6.72% 6.70 6.71 -6.72 6.69 . 6.71%-6.73 6.70 6.73%-6.71% 6.74 6.74 -6.74% 6.78% :rr 1 — .ir- ,s NEW ORLEANS. The following li tbe rang, to cotton fu ture, to N,w Orletini toiler: Ll i\i II J „•» i »J Aug | Sept 12.99 Oct 12.68 Nov I Dec 12.62 Jnn 12.70 Feb March. . .| 12.81 1199 12.94 1169 12.68 iltiilM 12.71 12.60 ii8i|ii8i 1194 1158 1153 12.61 118i 13.00 12.90-96 12.67-6S 1162-53 12.60-61 117i-72 13.00 12.97-98 1164-65 < 12.61-63 12.60-61 12.67-68 'I 1173-76 12.79-81 > Closed steady. ^ ■ - — - i NOTES ON GRAIN. Pointers on Provisions. tits were received nere. me rar- r or shipper who knew anything : weight onts, however, made the rn. On the evidence presented Chicago Record-Herald: Patten luck wa» ery much In evidence in the onts mnrket Thursday. The Iowa report was timely, In dicating a falling off of IS potnta In condi tion last month, and there were'heavy rains all through the sections of Iowa, Missouri and Illinois where conditions had been rap idly getting Into shape for the shipment of onts. Comparatively few reports of large yields of oats were received here. The far- msr, dealer * *" about light facts known. ^ there was a pretty full support of the Pat ten position thut the onts yield this year was small enough to amount to a calamity. Daggett wires! from Minneapolis that many point* lu Mluuesota reported oata down and rusting. Tho heavy rain* In Illinois, how ever, are expected to furnish the real Im portant support of the Patten position. Oats do not dry out ns readily as the harder grains and It Is expected that the wetting down that the shocks received menus that many onts will either he left to dry In the field or stnrked and put through the sweat. In either event shipping opera tions will be very much curtailed. Local exporters were quite generally dls- to believe that a good export busl- would develop lu case tho foreign mnrkets did not take fright and back away. WHEAT SOLD DOWN; OVER HENI EARLY Spread of the Telegraphers’ Strike the Cause—Ral lied on Good Buying. ST. LOUIS CASH QUOTATIONS. WEATHER REPORT. WEATHER CONDITIONS. S beat—No. 3 red winter 8SM •m—No. 2 54 Oats—No. 2 47 EGGS—Active, 20c. , ....... niHW . «. UM . ..... ... .... ....,- . LIVE POULTRY—Hens, active. 38037%c; 2e away from the bid price for No. 2. which f® 1, chickens (fr!»},-12%&27%c. Ducks. Pekin, Indicated that lower grades and Sour were ’ 80c each: puddle, 25c each. Turkeys, active, on a debatable basis. Home of the local ex porters asserted that the sales of red win ter nt the seaboard for export were not western red, but were- the South Atlantic wheat which goes at a big discount «r; TJ Great curtailment of trade because of the Telegraphers’ strike, fine Northwestern weather and large warehouse receipts proved a strong benr combination. Holders fenced a long tie-up, and consequent dis couragement among holders. ling was _ _ und. DRESSED POULTRY—Turkeys, drawn, nctire, 18 cents pound; fries, nctlve. 22%c pound; ben*,15c per pound; ducks, drawn, far " racy. 15c pound. PRODUCE—Lard. 12c pound; bama ... five 16c pound: shoulders active lOOUc pound: sides nctlve, 11c pound; butter dull; J0O12%c pound; beeswax active, 25c pound; honey, bright, active, 10c pound; honey In 1-pound blocks active. 12%c pound. FRUITS— Lemons, fancy Messenn. $5.50; •an is loupes, siow sai 3 a. 12%®2<k» each; 4 ■0 crate; rhubarb. VEGETABLES—Pci .m. iniBiin, Spanish, 81.50 crate; kraut, half barrel, $3.75; cabbage, 2%c pound. Secretary Hester’s statement world's visible. supply of cotton for tho week ending Friday, August 9, shows a de crease for the week Just closed of 140,906, ■gainst a decrease of 134,888 last year and a decrease of 119,750 year before laat. Tho total visible Is 2,691,016, against 2,840, 921 lust week, 2,120,904 Inst year and 2,787,712 ear before last. Of this the total of Araer- cotton Is 1,608,018, against 1,706.921 last 1.096,904 last »last, snd of i ■ Brasil, Inill last week, LOTO.ono year before last. Tne total world's visible supply of cotton, » above, shows a decrease compsred with "ft week of 147,905, an increase compsred with Inst year of 670.112, and a decrease comnnrod with year berore last of 116,696. or tho world's visible supply of cotton, ss ahov.-, there Is now afloat aud held In Great fntaln nud continental Europe 1.123,000, •gainst 1.068,000 last year and 1.527,000 year More last; In Egypt 35,000, against 39,000 J**t year nud 59,000 year before last; in In- £* r '-V»L against 691,000 last year and 712,- J? year before last; and In the United $t»tea 406,000, against 138,000 last yjar and year before last. movement of cotton during past week •fcjpertntentait Kin* of the New Tort exchange elve* the moremeot of witon fur th, week nnd wmn .» follow.; WEEKLY MOVEMENT. Tbli Jwt receipt...... LH0 gEf/lnna to mill, and Cud*.. MSI Mat Year. VB 20,000 , v until mui usuaiia.. o,ws T-wthern mill t«Wn*«...77...20.000 6 ""'flu Into >l*ttt for week...40,221 S0.M M TOTAL CROP MOVEMENT. Till, Ult 1*1 reeetpt. SlM,22S 7,8m!Lot “T'/Innd to P mlili and Can- L223.279 m mill tnklnf*.... 2,MS,000 into eight thua l*i for i 13,137, SOT 10,004.707 GROCERIES. S<rCKe; bend « |Ufr;. nrrordln* to tbe are CHEESE—Fnney full creOm. 17 cent., Oeorcln enne ayrup 27,c-nta *nllon; aalt, 1 (0-pound. 60c: axle srea.e 21.75; aoda crack era. Olio pound: lemon. 8c; oyiter. 7p; hnr- rel randr. per pound, C',4e; mixed, per ponnd. Site: roniatoca. 2-ponml, 22.00 caxe; 2 pound, 2125; ntry twana. 22.40: Limn beam 8c; beat matobea. per *roaa. 11.28; macaroni, oMHc ponnd; anrdlnea. mnatard. M.2S raae. RUOAR—Standard qrannlatcd. 514; New York reOnod, 4.90; plantation. 5c. COFFICE-honited Arbnrklca lit; bulk la tiara and harreln tics *recn llfli.v. Shredded blacutt IS caao: No. t rolled oata II.2S caae: aack nrlta, to-ponnd .ha*a. 21.85 nntnrt. full wcl*bt 22 caae: light weigh 21.10 caae: pepper, 1«c ll>.; baking nowd - caae; red aalmon, 29 caae; pink aalmon caae; cocoa, <nr; chocolate, 23; anuff. lara. 48c; ronat beef. 82.60 caae: corned 22.60 caae: ratanp. $1-90 raae; alrup. New Or- Icana. 26c gallon: corn. 80c gallon; Cnba potash. 22.26ttt.E0 caae; pennnt.. Ic; rora 1-pljr cotton. 12c: aoap. 2L60C4 caaeL PROVISIONS. PROVlSIOltB—KiiprcmMiama l-Wic. helllee S0<f2S " ' ■“ gunrtauw . - . - w—,w, rallfornU bama, 10c; dry aall extra rib* FLOUR AND GRAIN. FLonR-ntghrat patent. 6.90: beet pat ent. 26.25; atandard patent 24.76; hnlf pat- int 24.65; aprtn* whMt patent. 10.09. COBN-NO. 2 white. 78c: choice white. SOr- white feed. 78c: No. 2 yellow. 78c; mixed, Tie- cracked corn per huahel. 78c. CHICKEN FEED—Flfty-nounil aarka 21.00, I*unlo chick feed, 12.00; Victor feed, 11.40; brand feed. 21.25. OATS—No. 2 white, 83c; No. 3 mixed, 82c: i oata. 42c; white clipped, dipped, r- MEAL-Plain. Golden ontiii 82c; white clipped, 65c; fancy ’ , MEAL^P1n*'n, S pcr 9C-pound aacka. 77c; tt- pound aacka, 78c; plain, 24-pound aacka, 20c; bales. 11.40; — Noi L one nne-thlrd bolea ''HAY-Tfinothy. choice large do., choice omnll ha lea, 11.25; third balea. IL3S; No. 2. nue-iuira umr* II26: chotra nratne, 81.00; Bermuda, 81.10. 8IIORTR—Choice white, 21.75; fancy, 1.60; brown (SO tol»> iwundj) 21.45; bran, 21.26. COTTON SEED UEAIj-l’rtma Mr ton, 228,60: No. 2 per too, 824.00; bulla per too, FISH. nsn—tlream 7<| pound: anrpper 10c pound; trout 8c pound; bine flab 7c pound; nompano. 20c pound: mnrkerel, 12Vic pound; rnticd dab. 6c pound; froah water trout. 8c. HAYWARD, VICK & CLARK, COTTON, STOCK8, BOND8, COFFEE, GRAIN AND PROVISIONS. Carondelet and Gravfar Sta., Naw Orleana. , MEMBERS: Cotton Exchange, STL}. 0 '* Cotton Exctiangc, I , »iuton - Cotto7 I Excbanrr,' AMOdate'Memhera I.Ircrpoot Cofton Aaa'n, New York nnd Chicago l’orre;-undent,: u J * 8. BACHE & CO., AND BARTLETT, FRAZIER & CARRINGTON, PRIVATE WIRES TO ALL POINTS. ItBEHSi New Orleana Future Broken' A«*«latlon. Kew Orleana and Chicago Boards of Trade, New Vork Coffee KxeBjmge. * garlic and wlbl onion nilxturoR. The prices quoted of 9G and 97c from Baltimore and Philadelphia were c. I. f. continental Ku rone markets. The figurea were quoted her* without this distinction, thus giving thf Impression that they weffo the Baltimore and Philadelphia figures. Although receiving houses have had no tlces of Ilirrenscd consignments of oats from the country the gain was by no means less than 23 per cent of those for the corre sponding day laat year. The oats received also showed light weight, the proportion running up to normal being about the same to higher weights as was Indicated In the mall nnd wire advices from outside. Peoria wired that the onts In the Iowa central line In Illinois would not run over 25 Bushels to the aero. Thrashing returns along the T. r. and W. line were very disappointing, running 20 to 25 bushels, and some below 20 bushels per acre. Tbe London Statist says of wheat: "Al though, with favorable harvest weather, prices may suffer some decline during the next few weeks, partly Itecuuse of the ne cessity on the part of many farmers to sell wheat ns soon as It Is reaped, the future will witness a restoration to the recent level of prices. As a direct result of these comparatively short croim In Europe, the continental countries will be very keen com petitors with English buyers for thu wheat in the exporting countries. The European crop Is ths k .sinnllest aince 1897." J. J. BARNES-FAIN C0.'8 FRUIT AND PRODUCE LETTER. . JOf Some complaint In South Dakota, hut showers and cooler weather were forecasted. Weather favored corn nnd oats, snd there was some western selling of futures. CHICAGO GRAIN MARKET. Followlug are the Chicago grain nnd pro visions quotations for today, compared with yesterday’s close! • Previous Open. High. Low. Close. Close WHEAT— Sept 83 88 Dec 92% 92% Moy 87% 98 COBN- Hcpt 55 55 Dec 52% 52% May 53% 53% OATS- Oats 45 Dec...n 43% May..... - PORK- Sent.. 16.30 LARD- Bept... 9.12*4 Oct... 9.22% SIDES— Sept... 8.86 Oct... 8.90 4514 44% 18.20 16.CB 8744 8884 n .a 1 i I I 16.12% 16.35 9.10 9.17% 9.17% 9.25 LIVERPOOL GRAIN. Atlanta, Aug. 10.—For the past week, the receipts of produce have been lighter than at any time previously this year, and, In consequence, the demand has been strong and prices ruling very high. Irish potatoes have been _exceptionally he prevailing high price on potatoes wlU last through next week. Fancy peaches are also very octree, selling from $2.25 to $2.50 per crate. The watermelon market Is very easy this week, towing to heafy receipts Being brought in by the nearby farmerK. However, large melona are meeting with ready sale from 15c to 18c. Bnnanoa continue In good demand, selling at 3%c per pound. The lemon mnrket has declined on all old grades from 50c to $1 per box. However, the Verdclla stock Is meeting with ready sale nt advanced prices. The old Messina stock Is selHng ot $5.50 week’ CHICAGO CAR LOTS, aud estimated receipts for tomorrow are as foUo * ,: Today. Tomnr. Wheat 297 Corn 329 Onts 80 Hogs, head 19000 S3 Clear weather prevails over nearly the entire man, the only exceptions being small areas of cloudiness In the middle anil south Atlantic states, where showers have oc curred In the Inst 24 hours. Dry weather continues over the west nnd southwest. The pressure 1ms decreased at nil stations east of the Rockies, but It Is still a little above normal In the lake region nnd the northeast. The lowest pressure Is In mlng, the Dakotas and Minnesota. The temperature has risen over the north ern hnlf of the mnp, while In the South It has fallen from 2 to 4 degree at most sta tions. The outlook now favors scattered show ers tonight or Sunday In thla vicinity. COTTON REGION BULLETIN. The agricultural department, In Its report isued Friday, August 9, places the condition of spring wheat at 79.4, corn at 82.8 and oata The condition of corn on August 1 was 82.8, as compared with 80.2 last .month, 88.0 on August 1, 1906, and a ten-year average of 83.2. Augus 1907 Oklahoma. . . South Carolina.. S'outh Dakota. Virginia Virginia Louisiana. . . . Minnesota. . . . Michigan. , . . . Wisconsin. . . . Pennsylvania^ . Average. 77 82.8 95 10-Vear Average 89 83.2 Atlanta, clear. . •Chattanooga, cloudy. Columbus, clear. . . . Gainesville, clear. . . GrSMvUls, cloudy. . . Griffin, clear. .... •Macon, clear Monticello, clear. . . Newnan, ejear Rome, clear Spartanburg, cloudy.. Toccoa, dear. \ *. ’ * Wyt Point, clear. . . •Minimum temperatures are for period ending st 8 a. m. this data. 'W Min* =f8f 111 Preliminary returns Indicate a winter wheat crop of about 409,500,000 bushels, or an nvernge of 14.6 bushels per acre ns compared with 16.7 bushels per ncre last year. This ’dlmtnnry estimate, and the estimated av- go on which It Is based, are subject to re. .._ion and correction, when the final esti mates of the bureau aro made next Decern- The average quality of winter wheat Is TL Am last month, 86.9 ou August 1, 1906, and a ten-year August average of 83.4. The average condition of oats of crop on August 1 was 75.6, as compared with 71.0 last month. 82.5 on August 1, 1906, and a ten-year August average of 84.0. — * _ 0flt cr0 p j ng< of the crop of 1905 In farmers' bands one yenr ago. The average condition of totmcco on Au gust 1 was 82.8, ns ebrapared with 81.3 one month nfo, 87.2 on August 1, 1906, and a flve- yeur average of 83.4. STOCKS WERE WEAK L Declines of Over a Poinb Numerous at the Opening. SOLD STEADILY DOWN Loss of Cash By the Banks Heavy the Past Week. > New York. Aug. 10.—Standard Oil Inter ests were still shoveling out stocks as fas an tho market would stand today. New low records were made hi leading Issues, but that did not cause any buy ing. About tho only purchasers In ' understand the situation. These people aro sending a few hundred thousand dollars! here and thero Into the market, hut tho great body of Investors Is still watching and' waiting. Among the stocks to break through previous bottom* this morning were Heading, which sold ht 91 on con-: tlnuod liquidation by II. C. Frick; Union Pacific, which broke to 127% on selling of other Standard OH Issues: 8t. Paul.! which declined from 124% to 122%; Amalga mated Copper, which broke from 76%©74%, nnd Anaconda, which brake to 60%. Smelt-' •'rs were not left out of the race, nnd made* new record of 99%. a decline of 2% points. Sugar broke from 115 to 112% nnd New lork Central mndo a new bottom nt 106%. Even London was upset nnd consols made now low record at 81 In thot mnrket. The wefiknesn of European markets Is fur- ther evidence of wlmt conservative people - lu Wall street believes to be a fact— * namely, that President Roosevelt nnd the American corporations are uot responsible ft for everything, but that a world-wide de mand for gold due to the putting of In dia ou a gold stnndanl prematurely has embarrassed business everywhere. The end Is drawlug to the Brazilian farce, for the ;overnment of Brazil lias lust set aside 115,000,000 more to play the desperate game begun a few months ago. Erie directors ore said to be consider ing the use of all the cash for Improve- meats, paying script for dividends on the - preferred stock., wall street was much 1 nterested this morning In the bank state- ment, but refused to make any forecast, owing to the peculiar mnrket existing. NEW YORK BANK STATEMENT. New York, Aug. 10.—The weekly statement of the New York Associated Banks shows **ie following changes: Loans $i,no.453.300; decrease $16,497,400. Deposits $1,076,904,600; decrease $22,387,800. Circulation $50.1i»5.B00; decrease $28,400. Legal tenders $70 640,000; decrease $1,329,100. Specie $206,346,700; decrease $3,993,000. Reserve $276,986,700; decrease $5,312,100. ^Reserve required $269,226,160; decrease $5,- Hurnlus, $7,760,660; Increase $287,350. Ei-Unlted States deposits $14,709,500; in- Albany, _ Jacksonville, HEAVY It AIN FALLS. '* , 4.34; Gainesville, Fla., 2.02; Fla., 2.70; Tallahassee. Fla CENTRAL STATION. Atlanta. . . . Augusta. . . . Charleston. . . Galveston. . . Little Hock. . Memphis. . , , Mobile Montgomery. , iUV Orleans., ihtvannah. . . Vicksburg. . . Wilmington. . T. Indicates DISTRICT AVERAGES. Mas.* Mtn.** fil si. napprrclalilc r.lnfall. * For "or 24 hour, tudlug at I a. . I p»r l(OX, 50c lea than laat Mk'i quotation*. Calilwgc ate arriving in cxccptlonnllg good condition, conatdciing the hot weather, and leetlnc with read, sale it 2Hc par ponnd. Knnnteh onions ar» active at 11.50 |>er ate. Tennessee onions selling at IL50 per Lags' have also advanced strong thla „csk. and are meeting with read, ant, at 31c per dozen. \V« still look for this com- modi tv to advance more next week. Apples are verr scarce anil high, and not enough arriving to begin to supply the de. sand. Both Tenudsec and North Carolina ropa failed tills year, aud It will l>e tin middle of October before they begin to ar rive In any quantities to meet th* demand. We look for an active market next week 1n all produce, and do not think that THE COFFEE MARKET. New York, Ang. Following are coffee cable#: Havre, 15 a. m.—Market steady. Hamburg, 1. a. m.—Mnrket unchanged to 14 pfennig up; sales, 17.005. ltlo market weak; receipts, 0,050. Wanton reeelpti, 41,000; stock, 1,749,000; the mnrket Is Arm. Sao Paolo receipts, 27,000. Jundtnhy reeMpta, 23.000. The following Agtircs (Ire the opening range and eloae In the New York coffee mnrket for today; Opening Range. flose. 5-M5 90 January . February March .. April .. . May .. , Jnne . July ..5.00 . .5.95—.n .5.064,15 '..5.10 CIIIJ C •• *• * August September .... October November 5.9MOO December 5.90 Closed quiet. Seles 10,000 bags. tsts GEORGIA RAILWAY AND ELECTRIC COMPANY. Boston. Ang. 10.—Following was the hid and asked price on ticorgla Railway and Kleetrle Company today: Asked 83. Pre ferred, none. yeeterday. - Ft. .. _ u>., 75th meridian time. The rainfall haa been henry In several districts, the heaviest be ing reported from the eastern part. J. 11. MAKBUUY, Section Director. WEATHER FORECA8T. Washington. Ang. 10.—Weather conditions and general forecast: Cloudy, rainy weather continues on the Atlantic const tomb of Pennsylvania, due to a shallow depression now reutrnl In tbe Honth Atlantic states. In other parte of tbe country, fair weather with high tem peratnres hare prevailed. Showery weather In tbe east will prevail for the next twen ty-fonr hours, and will he followed during tonight nnd Sunday by partly dondy and warmer weather Sunday. For the remain ing portion of tbe Washington foreeast ilia- trict. clear to partly cloudy weather la In dicated. with rising temperature Sunt’ be Ohio valley and lower lake region. Forecast till I p. nt. Sunday: Virginia: Partly, cloudy tonight and day; possibly shotvers tonight In extreme southeast portion; wanner Sunday; light variable wind*. North Carolina: Occasional showers to night nnd probably Sunday; light variable rinds. - * (leorgta: Showers tonight or Sunday; light variable winds. _ Eastern Florida: Showers tonight and Sunday; light variable wlnda. Weatern Florida. Alabama and Missis ppl: Fair tonight and Sunday; light varla- winds. Kentucky and Tennessee: Fair; coir- tinned warm tonight and Bnndny, except probably showers In eastern portions this afternoon or tonight. Louisiana. Texas. Oklahoma. Indian Terri Funeral of Mrs. Newsome. Special to The 'leorglan. Hawklnavllle, Ga„ Aug. 10.—Mrs. Robert Newsome died at her horn* near this city nnd wan burled here In Or ange Hill cemetery Thursday, Her lllneag wu very- brlet ALONZO RICHARDSON & CO. Public Accountants, Auditors and Bank Examiners. Audita, Special Examinations, Costing and Systematizing, EMPIRE BUILDING, ATLANTA, GA. ALL QUARTERS GOODS MARKET m STRONG CONDITION. The New York Commercial: In praetlrnlly nil quarter* of the market tbe *nme *trong condition is reported. Buyer* are declared to he filling atocks for fall and advanced •prlox requirements at asking prices nnd allow a readlnena io operate on the pre«- ent lilirh market which has *e!dom.* If ever, been exhibited to mich n degroe. The heavyweight cotton goods in the gray and brawn which converter! aud.cuttera-up have been tnklntr freely for aereral mouth* past, are now moderately quiet, which I* a alt- nation that doe* not dlzturh Hellers In the leavt. They are either holditif; good* at the top market quotation or have them placed at value nud declare that when buying re* ■tiuien on any of thene good* thtlr figure* will prevail. It la algnlficnnt that orders from Pacific Coast house-* dealring cloth* for hag purpose* are ntlll unfilled, snd careful Inquiry by their New York rep reoentatlvea fall* to diaclone any mill which la aide to handle carload contract* for de livery before November or December, nnd even on thl* delivery " " * 1* demanded. In the thl* deliver/ the top market price j jobbing market the activity now wltncazcd 1* a reflectlon_ of sound conditions In tho retail markets. JTbe buyer* who nr* her© from f “ land state*, the middle west i Print Cloths Remain High. In the brokerage offices nnd among sell ing agents of print doth yarn construction good* It wn* stated Thurminv that while the volume of hunluesn passing was not as heavy a* on some days during the pant month, still there wan a comfortable for ward business put through on narrow odds, especially 28 Inch 64 by 60a at 5c and regu lars. The spot business on wide standards on a basis of 7%c Is confined to a few mills that bare informed their agents of having some merchandise for September de- livery which lioyer# are glad to take and regard as spots. On SB-Inch 68 by 72s snd MINING STOCKS. Boston, Aug. 10.—Opening stocks: Mo hawk fit Butte Coalition 20%; Michigan *2; Copper Range 72%; Callfornla-Arlxona 155. LOCAL 8TOCK8 AND BONDS (Revised by nillyer Investment Company.) Bid. Asked; Atlanta ft West Point R. R., 160% Atlanta, Birmingham and A.. 19 do, preferred 7 Augusta Factory Central Bank and Trust Corp. 180 Exposition Cotton Mills 220 Fourth National Bank 210 Ga. It. It. nnd Banking Co.... 240 Ga. Ry. and Electric 10 !!!!!!! io 19% Southwestern Atlanta 4,p. bonds, 1933.... 99% 105M 1 Augusta 4s, 1935 Georgia 4%s, 1915, coupon do, 3%; 1939, reg.... Dixie Cotton 31111a, 1st mtg. 6s. Ga. It. R. nnd Bkg. Co., os.... 102 Seaboard 4s. 1960 63 }g|H 102 108% 108 LONDON STOCK MARKET. STOCKS— Anaconda Atchison do, preferred Amalgamated Copper ;, Baltimore and Ohio ., Chesapeake and Ohio .. Canadian Pacific Erie do, preferred Louisville and Nashville* Kansas and Texas .. .« Pennsylvania New York Centra! Norfolk nnd Western .. . Philadelphia and Beading , Rock Island . Southern Pacific Southern Railway fit. Paul Union Pacific United fitates Steel ,. do, preferred , Wabash preferred ,, ., 4% UNION 4% SAVINGS BANK Could Building CAPITAL STOCK . . ,'$100,000.00 _ n# | RESOURCES 1 oi ~ 4 JO $260,000.00 I 4 JO Is regarded to be ample. COTTON SEED OIL MARKET. Following Is given the opening and doslni of the New York cotton seed oil market: Owning. Clostrij August . W%(^" * " September. • • • . — 4 October. ..... November. . • • . >eccmber January . _____ Fololwlng are the cotton seed oil the opening and close; ioo January at 39%, 500 August at 53. 100 Angust at 53. 309-Sep tember at 52%. 700 October at 50, 200 Novem ber at 42%, 800 September at 63. 400 Octolter at 60%, 100 November at 42%. Closed steady. $88,000.00 GOLD BONDS to net investor nearly 6 per cent. Write for circular. J. H. Hilsman & Co., Atlanta, Ga. (T ATLANTA NATIONAL BANK =z \ ATLANTA, GA- C. E. CURRIER, President. H. T. INMAN, Vice-President. GEO. R. OONOVAN, Cashier. JAMES S. FLOYD, Assistant Cashlre. Capital $500,000.00 Surplus and Undivided Profits $650,000.00 We Solicit Your Patronage. J