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JO UN DAY, AUGUST 12, IDO7. THE ATLANTA GEORGIAN AND NEWS. tone at opus SLIGHTLY EASIER Initial Prices Were at Loss es of From 2 to 8 Points. due TO POOR CABLES Covering Movement Set in Later—Part of Early Loss Recovered. v. w York, Aug. 11.—At the opening of ih, rotten market thla morning the uniter- oor of the loenl mnrket was easier, prleea i*lni 2 to 8 poluta lower. The rahlea were rimer poor nml lea* attentiou seemed to l« 2m M the condition lu Team. There wa« h«vr preasuro after the coll. purlng the morning aoaalon, the tendency downward, October and Decemlier •bowing loaaea of 15 poluta nnd January 13 noititH from opening quotation*. Trading waa fairly active, lu view of the ttrnp ns a result of the Telegraphers' •trike. St midday a alight upturn was atorted, prices regaining 7®8 point* of the morning loss. The upturn around the noon hour was followed by a sharp decline, prices tagging slowly to the close, being steady 15 to 20 points below Saturday's ^Receipts at the ports not received for Monday. Saturday's receipts ag gregated 1.455, against 3,803 last year. SPOT COTTON MARKET. NEWS AND GOSSIP of the Fleecy Staple. Liverpool, steady; middling 7.48. Atlanta, steady; middling 13c. Xew York, quiet: middling 13.30. New Orleans, quiet; middling 13‘,4. Augusta, quiet; middling 13%. Savannah. Arm; middling *2%. Memphis. Ann; middling 13%. Galveston, Arm; middling 11%. Charleston, nominal: middling 13K. Wilmington, nominal: middling 13)4. Norfolk, steady; middling 13%. St. Lonlt, quiet;' middling 13%. Baltimore, nomlnnl; middling 32%. Bouton, quiet; middling 13.30. Philadelphia, quiet; middling•13.©. Special to The Georgian. (Prom Hayward, Vick A Clark.) New York. Aug. 12.-J .8. BneUe A Co.. Liverpool waa due 1 higher on August and September and ur/3 lower on Inter months. Opened steady 263 poluta lower. At 12:15 I* m., was quiet, hut steady and un changed on old and %f|l lower on new crops. Spot cotton In moderate demand 2 isofnta higher; middling 7.43: American 6.100: speculation nnd export 500; Imports 0,000 hales; American none. Liverpool comes at about parity. Very little luterest In prices Saturday. Reports from iKMt Indicate ralna In the gulf states, but dry, hot wenthbr prevailed over Sunday In Texas. If the market had the support of the public, prices wonbl lx» considerably higher because of the conditions In Texas. Look for a firm market, with gradually advancing prices. Habersham King says of Texaa: “For thn first week of August 60 per cent of croj favorable, 30 per cent fairly favorable am 20 per cent decidedly unfavorable.” \nu Dyke a good seller of October am leceinbcr. Looks Ilka Cnrpenter. Mnrket Is easy on the Habersham Hint etKirt. Depression !n Wall street la hnrtlng cot ton, but while Texas remains dry nnd ho today, sentiment Is being affected bcarlsbly forecasts of changing weather condi tions to the Southwest, ir we get rain or a forecast of rain today, think values will H back some, and If good rains come ‘ f*xt day or two will decline sharply. Carpenter lioggott big sellers through Melton. Following are 11 A. ni. bids: August 11.51, September 11.62; October 12.12; January Sew Orleans. Aug. 32.—Hayward, Vick A Clark: Market oue-slded, owing to In terruptlon In communication. Longa arc selling and bears have the advantage PRICES ON COTTON GOODS WILL CONTINUE TO RISE. HAYWARD, VICK A CLARK’8 DAILY COTTON LETTER. Xew urleans. Aug. 11—The effect of In terruption In regular communication with the Interior, owing to the Telegraphers rrrike. was shown today In a heavy decline «t nil mnrket renters. Trading was one- shim] with orders to liquidate long commit ment* naturally In preponderance, owing to prevailing uncertainty. Storks aud cotton declined. Temporary conditions gave bears u decided advantage. First trades here were nt unchanged figures, followed by a rapid break to 12.41 for October, whew pro- festlODals stopped the decline hy buylng ln. I There was no weather news, and bulls had nothing to go by except general convictions In an under supply. Private reports of rains In Louisiana and the states east or It lends to the Inference that ralna might have also occurred lu tba %eat nnd lessened I support. The weekly crop summary by Itao Memphis Commercial-Appeal was Judged more favorable than expectations. It bat report# from Texas spoke of no rain over Fundsjr and serious damage to crop. Cotton article# In Tens papers are to the Mine effect. The market steadied somewhat to ward 11 o’clock on private forecasts of hot weather for Texas, but the official weather man Is too Incomplete to say anything about weather prospect*. After such a sharp de cline It look* reasonable to buy on the I rhnnee of the strike getting settled sewn when the return of confidence would prob- nhl? cause the usual rebound In the mar* especially on heavy staples, are in fact, certain, to show an advance (luring the balance of the month. This Is pre dicted on the belief that cotton will not show a decline nnd that the short condi tion of cotton goods stocks will make higher value# certain. That sheetings, drills, brown shirtings nnd other lines of staples arc firmer. If,possible, thnn they were nt the opening of the month. Is a fact which buyers are coming to real lac. The Incipient signs of a revival of Inter* In China for these goods has acted as signal for the merchants to Itecome firmer In their views. The bids which are iiqw coming In from Chinn for 4-yard nnd other light sheetings arc !>elng met by stiff prices In the New York mnrket. For 4-yard 56 by 60 a price of 6%c to 7c Is named hr holders of goods, and on contract 6%c Is er thnn buyer# like to go, but in wine nml Into October, they are not inclined to let buyers stampede the mnrket and break prices. Willie they realise that some con cession may have to be made In the near future ou contracts on certain of the soft yarns they are not ready to let down the bars as yet. On cotton yarns suitable for use lu tni‘ men's wear trade for manipu lated goods there is more weakness than In almost any other class. This follow# from a poor showing having been mad” on the spring of 190# lines of mercerised nnd manipulated, men’s wear fabrics. The Philadelphia mnrket on these yarn* *- uoted i qtiof root In this mnrket. Because of an almost _ spot goods In narrow or wide cloths, the market appears to l»e unusually quiet. There Is some business being done on nar row odds for late fall delivery nt a basis of 5c for 28-inch 64 by 60s. Wido goods are steady nt 7%c for standards, nnd the mau- ufacturers are placing n limit on *thelr for ward contracts. Some mills are sold to May, 1908, ou high count wide gray goods. L. H. FAIRCHILD A CO/S WEEKLY COTTON LETTER. New Orleans, Aug. 12.—The cotton market shows a very substantial advance for the week, nnd It mny be anld that the continued dry, hot weather which has prevailed for some time past over the western part of the cotton belt and which la as yet unbro ken has been the chief atrengthenlng factor In the market. However, the fact that spot buyers In south Texas, where some early cotton Is beginning to move, are said to bo paying from 1% to 2c per pound over pres ent future quotations, Is attracting some attention, nml it appeals that there are * who have been Inylui r much stress on . Improvement who are beginning to fear that this InMno appetite ou the part of cranks who have lost all Idea of rect cotton values may lead to something •ertous, and hence there has been s very tilde disposition on the part of many er some recent sales, which, accord- in# to old standards, were made at fancy prices, Even the preseut chief exponent of the bear fraternity, the man with a world- wide reputation for shrewdness us a cotton ’peculator, la reported to have covered In »»<> ilny something like 100,000 bales of short fontrncts aud pocketed his loss. Again the blander of the tall trying to wug the dog. It U nn amusing situation with Its pathetic phases, that thla ecouorate Mosea of the cotton world, who only a few months ago. with ni much wisdom and logic, pointed out to hi* benighted brethren the resistless tide - * - values, due to the rapidly lucrens- production, should lie ouo of the Is thought to be too let value are relative, nnd we have not beenl •bli* to adjust them to the rapid changing ' i lower to a higher level, due aolely Increase In the production of gold which Is our only measure of value. The literal truth of the matter Is that values Mve Dot risen, but toe purchasing power I’* the dollar has been cut In half, llerelui the secret of the rise In value of all the tiiM-esitniief of life, nnd Incident thereto •* the constant demand for Increase In Increase In rate* of Interest and the World wide decline In Interest bearing a**- grille, and dividend paying stocks. The wage earner can no longer live on the salary that used to l»e sufficient for bis needs; the Mder of British consols or of United States rjhds finds that the Interest he draw* now b’tys ouly half what It once bought, aud nence it is that the time la ripe for a who «**ale readjustment of Idea* of raiue. Ith reference to cotton, we have the utnicisr faith In thla tendency toward higher •evriH, and should the crop outlook, which It no means assuring, grow less favorable w<* are Inclined to look for much higher prices before the season ends Idea* of ’Wlue should Ik» adjusted to the present production and the present price of ™tton goods and not based-on condition* WMoU prevailed ten year* ago, when a dot- j* r would buy twice ns much as It will to- ATLANTA MARKETS. FRUIT AND PRODUCE. EGGSt-Active, 21c. LIVE POULTRY—Hen,, nctlre. 36@8754c; chicken, (trill). lJ5Wf575tc. Duck.. t'ekln, S0c each; pivblle, 25c each. Turkey*, nctlre, 124c per pound. nRF.SRED POULTRY—Tnrkeya, drawn, active, 18 cent* pound; frlca, active, 20c pound; heni.JSc per pound; ducks, drawn, fancy, 16c pound. FItODUCE—Lard; 12c pound; bam* ac tive 10c ponnd; ihonldera active lOffUf pound; (Idea active, He pound: bntter dull; I: active, 25c ponnd; active. 10c pound; honey to (M0: ....— atock, atnek, per hundred, $1; peanut* In aaeka averaging 100 pound, each, owing to grade, per pound, ClpSSc; cantaloupe*, alow anle, 75c crate; watermel one, llViflMr eneb; Georgia peachea, 82.250 2.50 ernfe; rlinhnrb. 76c each. VEGETABLES— Potatoe*. new, 83.75 her- rel; per buahcl. 11,40. Onlona, Georgia. (1.80 per buahcl; Spnnlah. 81.50 crate: knot, hair barrel, 83.75; cabbage, 24c pound. < " GROCERIES. RICE-lap 5415He; head ««7c: fancy head |UfT7. according to the grade. rnEESE-l'nncj full cream. IT centa; Georgia cane eyrnp 37 centa gall 100-i-mmd. 60c; tale grease 81.75; no era. 654c pound; lemon, 8c: oyater, uu- rel ready, per pound, 84c: mixed, p.t ponnd. 6ftc; fornatM*. !-ponnd. 8100 earn; 8-pound, 8i«; nary bean*. 87.40: Lima bean# 8c; best motebea. per greaa. 81.66; macaroni, 454070 pound: aardlnea, mnatard, 83.25 cat*. UuOAR-Standard granulated. 64; New York mined. 4.80; plantation. 6c. COFFEE—Boasted Arbookle* 116; bulk In bag* and barrel* 13c: green 11012c. Phrcdd-d biscuit 85 esse: No. 2 rolled nati 88.16 eaee; aack grlta, M-ponnd baga. I .H; enter., full weight. 88 caae: light weight 11.10 caae; pepper, ISc lb.; bnklng powder 88 mm: red aalroon. 85 caae; pink •aImon.84.lt caae: cocoa, me; chocolate. IS; annff. l-lta. lara. 4tc: roaat beef. 82.10 cnee: corned beef, i'.m cant eatanp. 81.90 caae; strum New 6.-. lean,. 86c gallon: corn. 80c gallon; Cub* potash. 512508.10 *'5 »M5 ,.ply cotton. 18o; aoap, 8L5O04 can. PROVISIONS. PROVIMONH—Nnpreme batna 154c. bolllc* 26025 pound* average. 3J24; fnt hack*. 6J5; Supreme lard, M. Partly compound. Jtt, California bama. 10c; dry aalt extra rtu ,Vt FLOUR AND GRAIN. FLOUR-nighcat patent. 6 90; beat pat- it $5.25; standard patent 94.75; halt pat- t! $4.8 spring wbsat patent. $*w. ^ CORN-No- * white, choice white. Me.* white feed. 78c; No. 2 yellow. Tic; mixed T7c: cracked corn par bushal. 7$£. rlnCKRX FRR/»-Flftr ; noufKl sacks SJ.00, ran la dilck fjjd. 12-00; Victor feed, $1.40; b OATS-No. 2,whlto«r ;Nol mixed. 62c; Golden onts, 52c; white clipped, «c; fancy "StEAL^PtalV per 96-ponnd aacka. 77c; «- pound ,8e l plain, 24-ponnd aacka, 10c; e 'llA'y-Tlinothy. choice large bale*. IL40; do., choice amali bale*, ILI5: ho. L one third bale*. 11.85: No. 2. one-third bale* 51.25: choice prairie. 21.60; Rertnuda. 8L10. PIIORTS—Choice white, lt.75; fancy. l.W; brown ISO to 100 nonndal 81.45; bran. It*. COTTON SEED MEAL-Prime per ton, S .50; No. 2 per ton, 87400; hulls per ton, FJSH. risn-Rream 7c ponnd: anapper- pound; tro"t «c pound; bio# fish 7c pot pompano. 20c pound; mackerel, 12%c pobwi, mixed fish. 6c pound; freah water trout. 8c. Edited by Joseph B. Lively MARKETS Mr. Lively's twenty-firs years’ experience of ed- ItlDg markets In Atlanta and the Booth has made hloc a recognised au thority Id hla specialty. TIPS FLASHED From Wall Street Specl/l to The Georgian. (From Ilaywnrd, Vick A Clark.) New York. Aug. 12.—J. H. Bache & Co.: jjondon market weak for American stocks. Decline general. Consols unchanged. The Morocco situation Is creating soma un- RANGE OF NEW YORK STOCKS AND COTTON MARKETS UStSStS-HAS 1 8ffi ald« buvlng demand la practically nil. The additional report ou Htandnrd Oil will not make for stability. The situation i* somewhat discouraging, and further liquidation la expected this morning. Btendy atorm of liquidation In stocks eon' tlnues. While a rail/ maj come at any K4UK or stock. Amnl. Copper. . . . , Am. Ice .Securities. . . Am. Sugar Iteflnery. . Amerlcnn Smelting. « Ain. leocoiutive. . . # , do. preferred. , . . Am. Car Foundry. . « American Cotton OIL. Anaconda. ...... Atchison do. preferred. . . » Atlantic C. Line. . .. ConsoTl Central Leather, do. preferred. or* " • Delaware ‘jPlltidson*, Denver A lllo Grande. Distillers' Securities. . Erie „ do. preferred. . , . O&neraf Electric, . ,. Great Western. .... Great Northern pfd. . Kansas A Texas. FAME OF STOCK. ""Total stock aales today lTl24,7tt)~sharsa. Kansas X texas pM.. I.nulsviiie & Nashville. Missouri Pacific. . . . Mexican Central. . . . New York Central. . . Northwestern National Lead Norfolk A Western. .. Northern Baeifle. . , . Ontario A Western. . . Pennsylvania. ..... Pacific Mall People's Gas Co. Bock Island do. preferred. . . . Republic Iron A Steel. do. preferred. . . . Southern Pacific. . . . Southern Railway. . . do. preferred. . . . St. Paul Tenn. Coni & Iron. . • Texas Pacific Union Pacific. ..... U. 8. Rubber do. preferred. . . • T7. 8'. Steel do. preferred. . . . Western Union Wabash do. preferred. . . • Wisconsin Central. . * do. preferred. . ,. NEW YORK. -Jog Is tun*# In New York “ mi Ang.. . Sept.. . Oct. . . Nov.. . Dee.. . Jnu.. . Feb.. . Closed steady. inmtmno 11.7011.70 11.49 1121 12.22 12.02 12.36 12.35 ilf.is 12.40 12.4012.23 11.42 12.43 12.42 12.48 12.48 12.35 ■1112.56 12.48 i ii uAct* 11.67-6* 12.06-06 12.09-11 12A7-18 12.26-W 12JM0 12.35-36 12.43-41 iroTw 11.72 12.22- 23 12.23- 27 12.36-37 12.46-47 12.48-49 12.64-65 1162-63 LIVERPOOL. Following Is the opening range, 2 p. m. and close, compared with yesterday: Futures opened steady. Opening Frevlon# Range. 2 p. ro. Close. Close. August 7.04 -7.06 7.05% 6.99 7.03 Aug.-Sept.... 6.92 -6.93 ' e ** Sept.-Oct... 6.80 -6.81 Oct.-Nov.... 6.764-6.76 Nor.-Dec.... 6.72 -6.73 Dee.-Jan.... Jan. Feb. March __ Aprll-May. Closed very steady. . NEW ORLEANS. — Th* following Is th* rang* In cotton fu tons In New Orleans today: II ii it ! r j ii Aug I Sept Oct 12.67 Dec 12.62 Jan 12.61 Feb 12.60 March. . .12.75 12.67 12.4012.46 12.62 12.66(12.29 12.6112.43)12.46 12.61 12.6012.50 12.76 12.69 12.60 12.&6 12.76 12.44-45 12.33-29 12.47-48 12.69-60 13.00 12.90-96 12.67-5S 12.52-63 12.60-61 12.7 i-72 Closed steady. * ttuie very llttlo couficfcnce in future exists “ U some long stock cornea In pretty soon, the market will rally sharply. The short Interest In the market la tremendous, and It will aoon be felt In a substantial Ices. dost re A Co., New York: A wide- open break lu the stock market last week waa the logical outcome of the fresh volleys ’e<l from government guns trained it corporations. The financial comma* or to be exact, a certain portion of It. has, at various periods dnrtng the Inst nine months, convinced Itself that a love feast wg» Indnjr prepared, at which na tional nnd state legislators would sit down together with corporate officials, bury tlio hatchet, and henceforth live In harmonious accord. Ou each of these occasions, this R leasant dream has Ix»en rudely shattered y renewed outbursts of hostility. The [ last week's developments In that line have teen of an unusually discouraging charac ter, luasmueh as they hnve plainly fore shadowed what treatment 1# likely to he ac corded the corporations In the present le- n controversies. Town Topics: Best students of the mar ket differ ns to whether stocks sre to under go any additional bad break from the pres ent lerela, but little doubt Is felt that such a break would be anything more than a mo mentary nffnlr. On^ the other hand, there tL — through any further break f ressnre from foreign In aneh rases to add to their holdings. The amount of public " * “ ‘ ^ T># encouraged by exist- Id before long deplete ongly weak NOTES ON GRAIN. 1’oiuters on Provision*. Chicago Record-IIernld: "Judging from the reports we are getting on the now'crop to date. I estimate that onts will average •lx pounds per bushel lighter on this crop than on the last,” said J. A. Patten. "We tended out between 2,000,000 nnd 3.000,000 bushels of onto from local elevators In Mnr and there was not a cargo that welghei less thnn 34 pounds per bushel. The whole crop averaged somewhere between 32 and 38 pounds per bushel. It would be Impossi ble this year to pick up a cargo weighing ss much as 32 pounds, and 1 do not believe *hnt the new oats will average more than 25 to 26 pounds. The government estimated did uot raise < price# ______ , over futures. If there Is inch n big aupply of old oata back the shippers who are now scouring the country aud bidding stiff prices for them would like to bavo some of them located.” Kansas City elerntors sro fast becoming filled up with wheat, and there Is a very likely prospect of an overflow toward Chi cago within the next. week. One of the well-posted elevator men there said that all of the warehouse room would be chuck-a- block by tho middle of next week at the present rate of receipts and shipments. There were 123 cars carried over unsold there Friday. Practically all of the stock there Is hard winter and very largely from Kansas. There hns been no liuportnut move ment aa vet of the Nebraska crop, -ft good portion or which Is headed toward the mills of the northwest. 8t. Louis made some very large sales of soft red winter wheat Friday to southeastern mills. The aggre gate of the sales for twenty-four hour# wa« 220,000 bushels, of which Chattanooga took 40,000 bushels nnd Nasbyill# |0,000 bush els Friday morning. "Reports from milling correspondents on average yield In their territory ot winter per acre, aa shown by thrashing returns. Michigan. • Ohio. . Indiana. . • Illinois. . . . Missouri. . , Nebraska. . Kansas. . . Tenuesseo. , Kentucky. . Yield Per Acre. : ii : IS * Indicated Yield. 11.000.006 14.000. 000 30.000. 000 40,600.000 81,000^000 mt berries. liar In quality, L Farmers ara more Inclined Frequent rains In *oft winter wheat aUtea, besides Interfering with thrashing, are caus ing resproutlng and weed conditions In •bock." CENTRAL AND WEST TEXA8 FURNI8H WORST REPORTS. Atlanta for the week ending Saturday, August 10 averaged 6.60c per ponnd. HAYWARD, VICK & CLARK, COTTON, STOCK8, BONDS, COFFEE, GRAIN AND PROVISIONS. C.rond.let and Gravier St.,, New Orleani, MEMBERS'. . £*» Orte.nl Cotton Exctianje, New OrlM n, r«tnra Pr“ k "* /*J?'^JjJ' &w Tort Cotton Exchange. New Orirana and Chlrag Boenla of Trade, Cotton Exchange, New York Uoffee Exchangee . Aaa’n. Houston Cotton Uxcbange, Associate Member* Liverpool Cotton Am iv New York and Chicago Correspondents. J. 8. BACHE A CO.. AND BARTLETT, FRAZIER A CARRINGTON, PRIVATE WIRES TO ALL POINT3. | Hf it _____ 'Irregularity Is the most notable charac teristic of reports for last week. This Is due to the luck of rainfall In many sec tions of the lwlt, for wherever tho supply of moisture has l»een sufficient, the re ports are the moat glowing of the sea son. 'The Eastern states, with the exception the coaat sections of Georgia and the Carolina# and southern Alabama, are d condition, and the plaut 1ms made progress. Along the coast the rainfall waa excessive and the plant hns suffered. With normal condition# hence forth and a bite frost, the Eastern states expect to produce an excellent crop; pros pects exceed those of last season. "The states of the central cotton belt or those Immediately adjacent to the Mis sissippi river have good nnd bad reports for the week, nnd are ontlmlstle or (Roomy, according to the rainfall received. Hhower# have been light nnd scattered over moat of this section and the crop Is In need of a general rain. Acnte damage has not come yet except In a few unimportant localities. The plant Is well frnlted and small. "Oklahoma and the northern belt of Texas, furnish good reports. The supply of molstnre has been sufficient np to the present. A Into fall Is needed, however, to permit development of the cotton, much of which Is Ikte. "From central and western Texas come the worst reports. The need of moisture has t>ecoroe acute, and the plant Is suffer ing badly from shedding, while premntnre opening of !*>lls Is complained of. The re ports From southwestern Texas Indicate a very short crop as a result of the long continued drought. "Indications are that picking In nearly nil sections of the belt will become general two weeks or more later than last year." WHEAT OPENED EASY LARGE FACTION OFF Large World’sSIiipment and Favorable Weather the Chief influence. Chicago, Aug. 12.—Closing prices for the day showed losses of 2%&3c In wheat, % |jp%e In corn, %#l%c lu corn nnd 7M10e In provisions The volume of trade woa greatly reatrlct- ed by the absence of wire service. Thera was a good local professional trade In nil th# pita, however, so that the day was fairly satisfactory after all. Wheat nt Its low point wos off about 2%c from the resting spot of Saturday. It recovered n good part of the lo#s alter the noon hoar, the Influences being th# strength in corn, many wheat short* covering. It broke sharply late. Early sentiment on vrbent wot quit# bearish. Besides the Telegm* phers* strike, as an early bear help waa the bearish statistics, which Included an In crease In the nmoqnt of breadstnffs on ocean passage, the larger comparative world's shipments and tne lower cablet. Northwestern receipts, 346 csra; local re ceipts, 294 eara, compared with 263 and 460, respectively, a year ago* Corn waa quite active, nnd It was strong on good buying by shorta and Investor*. It opened weak, but soon turned strong on Iwd crop reports from all sections of the corn belt. The Intense heat Is damaging corn In many parts of the Weatern states. Oata had but very little aupport, tho big longs evidently being Inclined to allow the mnrket to drag to a lowea» level. Weather fnvornble for threshing, and this la expected to Increase the marketings. a Miscellaneous long* led In the provision mnrket selling, while the larger packers * - *•-- — The close waa 6®X0c WEATHER REPORT. WEATHER CONDITIONS. With the exception of it small nren of cloudiness in tho southeast, clear weather prevails over the most of the nmp. In the last 24 hours showers have occurred on tho east gulf const and nt most atntlona In the eastern half of the cotton belt. High temperatures continue at most sta tions east of tho Mississippi and lu the southwest. The outlook now fdvors showers In this vicinity tonight and probably Tuesday. COTTON REGION BULLETIN. STATIONS mm CHICAGO GRAIN MARKET. Following »ra tho Chicago grain and pro vision. quotation, for tod.j, compared with jre.terdajr'. cloae; ProTloa. Open. High. Low. Clow. Clow WHEAT* fc ® n Torn-’** fc 8* « May.... 63% 64% OATH— El '1 18.15 ll.025i 11.0254 H.1254 tot.7 8.06 9.10 9.05 9.00 8.10 ot... 1.16 9.1754 6.10 9.10 9.1754 HIDES— »t 1:8* !& IS 1:5* !@ 1 1 >1 I 55 42% Atlnntn, p. cloudy. ... •Chattanooga, cloudy. Greenville, clear. . . . ••Macon, cloudy. . . ••Montlcello, cloudy. Rome, elenr ••gpertanbarg, p. rfm, ^Minimum temperature* «ro for 12-hour Period ending at 8 a. iil this date. ••IIwbIvnI Into Knt itiplti,l.,l I.. m rest men t. Certainly the Hnrrl- Hill Issues, 8t. Paul, Atchison, and Nashville, Atlantic Const nore nnd Ohio, and Kendlhg look it these levels. They are bound no matter what comes out of TONE IS FEVERISH IN STOCK-MARKET Early Decline Reached Five Points—Northern Pa cific the Leader. ENTIRE * LIST WEAK At End of Twenty Minutes Some of Leaders Rallied Fractions. GODFREY STARTED FOR PANAMA CANAL Unde Ram loat n valuable recruit when Godfrey Henry waa taken In charge l»y The police nt the Terminal Station early Mon day morning. Godfrey, who la 12 year# old, hnd his grip with hint nnd wn# on hla way to Panama to make tho dirt fly. Mra. W. 8*. Henry, hla mother, of 183 East Fair street, returned from church Sunday night to find the boy and bis clothes gone. Hbe notified tho police and a few hoar# later ho was found. Probation Officer Gloer will hold him for n few day a to determine what Is heat to do with him. The boy's father wn* tho first man In jured In the building of the Federal prison. A hammer fnlllug from a considerable height fractured hTs skull, and, although recovered physically, ho never hns been right mentnlly since. He was employed by the city for a time, and later sent to the county farm, but he l>eenmn dangerous at times and was committed for Inuacy. lie Is now lu the asylum for the insane at Milled gevllle. New York, Aug. 12.—Today was an other tumultuous time fin all tho mar kets of the worldP After the opening business the cables reached a further decline In British consols and other In vestment securities In London, extreme weakness In the copper group, both stocks and metal and losses extending from 1 to 2 1-2 points in the American list. At Paris, Berlin and. In fact, at all the capitals of Europe great unset- tiement also prevailed. The reflection • of all this and the extreme apprehen sion in financial circles here was wit nessed In another violent break at the local opening. Union Pacific, Northern Pacific, Great Northern, Coppers and others ot the-standard trading special ties, fell abruptly from two to four points. New York, Ang. 12.~The stock market opened at general declines. Canadian Pacific t — -* t Northern 1%, St. Panl 1-4, .uiniHitiri rnriuc lost In all t points, RUil Baltimore and Ob'o lost 3%. .Smelting was off 1%. Union Pacific opened 1% lower. Northern Pacific lost in all 5 points and ral lied 1% points. At the end of fonr minutes’ S rices were at about the low- n Pacific wan off 2%. Beading „n 20,000 shares 1% lower and de- lined nn additional point, while Amalga- trsmely feverish. GEORGIA RAILWAY AND ELECTRIC COMPANY. CENTRAL STATION. Atlanta. . Ausustg. . Galveston. Mobil#. . . Montforoer Yllmingtoi V. Indica DJBTBICT A Visit AURS. * For CHICAGO CAR LOT8. i for tomorrow sro «• Wheat.. Cora.. . Oata. COTTON 8EED OIL MARKET. «( th. N.w York cotton Aognat. . . BiDtnal»r. October. . . November . LIVERPOOL GRAIN. CloKd °17 ami it 1:30 I>. w. 54 off. THE COFFEE MARKET. Th. followln figure* give the opening range nml elno. In the New York coffee mnrket for tod*jr: Opening It* n re. clone. .£TO6.8ff 6.706.75 Jnnnnry .. ... Kebranr, .. 1 M»reh April May .. .. , J une nly August . ffeptrinber .. . October Noremtier December . Cloud reedy. Kale* 19,060 lmg«. T.sjiiiio ..5.906.96 :\i.6M.7S .A.006.90 5.706.75 5.756.80 5.736.86 5.906.98 MttS 6A6A.60 i:Si$ —ppreclnble rnlnfnlT. , yesterday. •• For 24 hour* ending ot 8 a. ro., 76th meridian time. Remarks. Rllghtly lower temperatures prevail In many districts. J. H. MARBITRY. Section Director. (On account of the telegrnphora’ strike no reports were received from the follow ing cities; Columbus, Gainesville, Griffin, Newnan, Tallapoosa, Toccon. Weat Point, Charleston. Little Rock, Memphis, New Or' lens, Oklahoma, Savannah, Vicksburg.) WEATHER FORECAST. Washington, Aug. li.—IVentber condition, and general foree.it Thu weather condition, are somewhat un nettled tht. morning with low prrmnre east of the Mississippi, th* greatest depresalon Mug In th* nt. Lawrence rnlley. western district* nn nrn. of high prei orerlle* the Missouri r.lley and tbe p atatea. Shower* hare fallen In the. Inst 24 hour* In Vlrglntn. the Caroline* and tbe gulf »* east of the Mississippi river. There i also been nc*tiered .bower* In lown •n,l the upper lake region. Temperature* •re relatively low In the northern Rocky Mountain region, the Mlnourt and upper Mississippi valley*. east gulf state*. It will bo cooler tonight In the Ohio rot. ley nnd th* take region; somewhat cooler In Atlantic coaat dlatrtcta north of Virginia. Forecast till 8 p. m. Tuesday; Virginia—Shower* late tonight nr on Tne*. day: not ao warm Tueadny; light variable winds, becoming northwesterly. North Cnmllna, South Carolina. Oenrgtn Alsbarnn. Ksstern Florida. Western Florida and Mississippi—Scattered showers late to night or on Tuesday; light variable winds. Joys of Sailor’s Life. The alluring side of a huIIoVb life atid also that of a marine wilt be shown at Ponce DeLeon park thla week. The nice, easy time that the eallora and marines have on board men of war will be ehown by a moving picture ma chine. Thle Is a little advertising nov elty of Uncle Bam to show- the people what the sailors and marines do. Tho show will be given Monday night and will continue for two other nights. Ar. rangementa have been made by naval officers with tho management of tho park and the picture machine will be run by naval electrician*. Ship* In foreign ports will be shown, together with the life and work of the crewa. Boefon, Aug. 12.—Following waa the bid nnd asked price on Cleorgln Hnllway nnd Electric Coni puny today: Aaked 83. 1’re. ferred; 8M?83. MINING STOCK8. Boston, Aug. If—Opening: Utah 41, Cop per Range 70697054. Smelting preferred 40, Trinity 17, Mohawk 70, North Butte 5654, Shannon 13. _ 8TANDARD OIL. Standard Oil stock today la 43 bid. THE LONDON 8T0CK MARKET. Atchison a* .* et ** •• a* 1 do, preferred Amalgamated Copper .. Baltimore and Ohio .. « Canadian Pacific Chesapeake and Ohio .. Erie do, preferred Illinois Central Louisville and Nashville . Kaunas and Texas .. . Ontario and Weatern .. Norfolk and Western .. .. Philadelphia and Rending . Rock Island .. .. v .. .. Southern Pacific Southern Railway do, preferred Paul .. union Pacific .. United State# Steel •• •• .. do, preferred .. .. .* .. Wabash preferred THE METAL MARKET. New York. Aug. 11—The metal market unsettled. C#p|»er weak, with a further re duction of He In tht Md on electrolytic and casting. Lake was nominally unchanged. Tin was off %c for spot and nearby de livery. j! Lead and spelter unchanged. THE LIVE 8T0CK MARKET. Chicago. Ang. 12. T Hog#-.ReceIpt# 23.< Market strong and slightly higher; mix™ heerra 11.354,7.40; cow. ami heifers 81.400 560: starker* nnd feeders 83.46ff4.90; Texans 5.656.70183.9564.10: western* 84.3*6. 6.456.70 Sleep—Receipts 8,400. Market quiet; balk 4% UNION 4% SAVINGS BANK Could Rulldlno CAPITAL STOCK • • • 8100.000.00 RESOUROCS 8280.000.00 4% 4% THE 8UQAR MARKET. New York. An*. 11.-7,00*1 refined end rnw sugar markets sternly snd unchanged. I .nml,ui beets unchanged nt 9s 9d for August and Is 9%d for September. BANK STOCKS. Central Bank & Trust Union Savings, Lowry i Notional. Prices on op- | plication. HILLYER INVESTMENT CO* Bond Dop’t. Engliah-American Bldg. THE AMERICAN AUDIT COMPANY Home Office, 100 Broadway, New York City. ,, F. W. LAFRENTZ, 0. P. A., President. C. E. Matmarlng, Vic* President, Thao. Coehau, Jr„ C. P. A., Sre. and Trsaa. BRANCHES ATLANTA—Fourth Nat*l Bank Bid*. CHICAGO—Marquette Building. PHI I. A DELI IA—nellevu,-Stratford. BAN FT.ANCISCO—Balden Building, NEW YORK—Waldorf-Aetorla. BOSTON—Exchange Building. WASHINGTON—Colorado Building. NEW ORLEANS—Hannan Building. BALTIMORE—Fidelity Building. LONDON. ENGLAND—4 King Street. Cheupslde. AT-ANtA BRANCH 7015-78 Fourth National Bank Building. 0. B. BIOWELL, Resident Manager. Telephone, Main 872. Cable Address, Amdlt, N. Y, L. H. Fairchild. Established 1885. 8. J. Whit* L. H. FAIRCHILD & COMPANY, NEW ORLEAN8. Mem bar*; New Orleans Cotton Rxchangs. New York Coffca Exchange. Sew York Cotton Fxcbnngs, New Orl<*nn* Board of Trads. Xcw Orleans Stock Exchange. Chicago Board of Trade. LIVERPOOL COT TON ASSOCIATION. Private Wires to NEW YORK and CHI CAGO. Order# solicited for future 4#8* «t y on above Exchange# B. C. COTK1 BAN. ALONZO RICHARDSON & CO. Public Accountants, Auditors anil Bank Examiners. Audita. Special Examinations, Costing and Systematizing, empire: building, Atlanta, ga. FRANK HA5YKIN8, I'rnblent. B. M. ATKINSON. VIco-FrratdenL THOMAS C. ERWIN. Ci.hl.r, JOSEPH A. M'COItD, Vice-President. B. 55. 11 YE US, AHlstsot Chief. Third National Bank Capital - - - - $200,000.00 Surplus and Profits $400,000.00 OIL A. W, CAI.nOUN. MILTON DA ROAN. JOHN W. GRANT. JL Y. M'COKD, FRANK HAWKINS.