Newspaper Page Text
itUfi ATLANTA GEORGIAN AND NEWS.
11
I
OFF AFTER OPENING
A t the Oloso Prices Showed
Recovery, Closing
2 to 3 Up.
SPOT EIGHT POINTS UP
NEWS AND GOSSIP
of the Fleecy Staple.
New York Was Irregular
With Tendency Toward
Lower' Level Early.
n omine whs quiet and the undertone Ine*-
n!ar prices being 2 point* lower to 0 point*
higher Yesterday*! late buyers were made
the seller* on continued nervousness In
finn nr Is I circles and easier late cables from
Liverpool.
Special to The Georgian.
(Prom Hayward; Vick X Clark.)
S* \ o/k. Aug. 14.—LIver^tool wns due un-
ehangetl to 1% higher
or on u
advance.
I and 4%ffChigh.
lyat 4v
, steady uot
Texas
effect that rain hud
depressing Influence In the
early session. Knrly cables from the Eng
lish'market were also of a l*nri*h nature;
As a result, values tended toward it lower
level up to midday. Compared with Tik-h
day's closing, October at noon was selling
at a decline of 10 points. December at 11
points and January at 11 point*.
which
»ry In Liverpool at the close,
quiet nud 'steady 2 to 3 point*
Tuesday s closing, strengthened the
quiet nud
u ...piny's clofL—. .. ....
New York market Some 5#G points, part
of which was lost later.
The close wns barely steady net 15 to 16
point* lower, prices allowing considerable
weakness In the Inst hour, move In sympa
thy with unsettled conditions In the stock
market than anything else.
TUESDAY’S PORT RECEIPTS.
The following table allow* receipts at flu
ports today, compared with the saute day
lust year:
SPOT COTTON MARKET.
Liverpool, steady; middling 7.38.
New Orleom
1 tends*; i
. quiet;
middling 13%.
Savannah, firm; „
Memphis, Arm; middling 13%.
Galveston, firm; middling 13%.
charleston, nominal; middling 13%.
Wilmington, nominal: middling 13%.
Norfolk, steady; middling 13%.
St. land*, qmet; talddliug 13%.
Baltimore, nominal: middling 12%.
Philadelphia, steady: middling 13.60.
- 12%.
tig 13%.
Mobile, quiet; middling 12%,
Houston, steady; ndddll
Cincinnati, nominal.
HAYWARD, VICK & CLARK’S
DAILY COTTON LETTER.
er. 8pot, domain! Increased, with 'prices
steady; mlddiiug 7.38; sales 8,000 bales;
American 7.400; *peeuliitlon uad export 500;
receipt* 3.000; American 800.
Liverpool ah the far months comes at
nlmut parity. The weather map shows
showers In east and gulf states, but reports
missing from Texas.- The financial situation
showing Improvement, It la expected that
cotton will advance, due to normal crop
developments. The situation remains un
changed in Texas. Some weeks have pass
ed and no soaking rain* In Texas. If
there was a public following In the eotton
market prices would be up over %e a npund
In view of such erBp conditions In the
Texas belt. Advise buying cotton on any
small reattloi).
Report* of rains In southern Texas caus
ing weakness. Will probably go some low
er If continued, but would buy on breaks.
Following fire 11 a. in. bids: August 11.36;
September 11.44; October 11.97; January 12.18.
YARN VALUE8 HOLDING ~
BETTER THAN EXPECTED.
New York Commercial: On a market on
which very few transactions are being put
through It is considered, that yarn values
are holding stronger than could generally he
expected. The efforts which buyers are
making to get special construction yams at
under values are not productive of much
The fact that some of these offers
are made for future delivery Into the late
Inter months shows that mills have full
mfldeiicc as to the continued strength of
the staple. Manufacturers of men's wear
mid dress goods using mercerised yarns are
making more Inquiry for near-by delivery
yarns than almost any other class of buy'
ers ot present.
It Is stilted by holders of such ystna that
their full usUfng price Is being paid, while
oflier classes are selling under the market.
Upholstery manufacturers are taking few
yarns at present and on any bids they
make for future delivery they are nsklny
concessions which luamifncturer* are not
willing to grant. While It Is understood
that spinners of knitting yarns are well sold
ahead, their statement that in wane cases
they are 10 to 12 Weeks ahead HI
uot regarded ns quite the situation. The
knitters, ns a general rale, are looking for
lower prices, and declare that they
wait until well Into next mouth befor
lug forced Into the market.
Much of the business booked on knitted
R oods on the expectation that prices would
p lower on yarns and that the mills could
cover. It is now expected will fall to be de
livered through some excuse or other by the
mills. It Is stated by men who are candid
enough to describe their dllcmnm as l>e!ng
their Intention to get out of ns large per
centage of unprofitable business ns they
can by ope excuse or another.
Narrow Print Cloths Move.
There Is no apparent let-up to the call
for narrow print cloths of regular and mid
construction. Some sales of regulars are re
ported as extending Into April of 1908 and
28-Inch 64x60 cloths are sold In numerous
Instances Into March. Mills sure getting
their own prlPe or decline to accept con
tracts. Narrow cloths for spot delivery are
on n basis of 6%e for regdlars; wide good*
arc on a basis of &%c for 39-Inch 68x72*.
Edited by
Joseph B. Lively
llr. Lively** twenty-fix*
years* experience of ed
Itlnf market* la Atlanta
and the South ha* tnadi
him a recognised au
thority In his specialty
TIPS FLASHED
From Wall Street
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
FA MR,OP CTOftL
New Orleans. Aug. 14.—Liverpool wns
steady at the full advance, up to the time of
co-opcration from our side when nil the
gain was lost. In the absence of reliable
news trading during the first hour was prin
cipally affected by developments In the
stiM’k* market. As early stock quotations
showed a decline there wns considerable
long selling around the opening wllleli de-
*2.37. The flrot tenor of
' Jotmi*-
id if
preference regarded
profcKMionnl maneuvers. A few days of rela-
quiet and the return of confidence Is
vnnee any opinion. Galveston Is mnrked
cloudy, rainfall .64: Palestine Is given partly
cloudy. Fort Worth and Amarillo clear;
much cooler In the northwest. It Is cloudy
la «.%;:! Mississippi. Alabama, the rnrnlinns
and fair In Georgia; good showers fell
throughout the eastern half of the belt.
The market at the moment Is quiet but
•tendy around 12.46 for October.
New York, Aug. 14.—J. 8. Macho fir Co.;
Tin* early prices for cotton this morning
"‘ere. inclined to run off on liquidation by
the pit traders and some Liverpool Inter-
cm*. The easier tone for stocks caused
selling by the scalping clement, nlthougf
the crop advices continued bullish, cap*
dally from Texas points, J'ho weather man
gave Indications of cooler conditions with
genornl cloudiness nud scattered showers
»'»r Texas. The rainfall In Galveston
amounted to a half Inch, but general rains
were not looked for. Private reports of the
condition of the crop in Texas are not at
nil hopeful, nnd even the prospects for a
nnslernte. crop are fast diminishing. The
market ruled dull on the decline. The te
legraphers' strike Interfered with business
somewhat. The declines amounted to about
l f i Points In October, 12 points In December
mi l ll i»o|nts In January. The market dla-
I'hi.ved no rallying power. The lack of
imhlic Interest In cotton Is a strong rea-
****** why this market docs not advance In
Jhe face «f ptich bullish crop conditions,
•bit we thlnk real_conditions will 1m* reflect-
dip.
New Orleans. Aug. 14.—The Tlmes-Demo-
crut: “Yesterday's cotton market wns
moved by the same character of Informa
tion that had the tnlent ill restraint the
day before. There wns in* chatty** In the
Telegraphers' strike situation, but the stock
market proved n help, rathe" “ - *
. — __ -n
night. Transactions were In a rer.r
restricted volume. Nobody on red to take on
additions! responsibility on either side of
the account until the situation shall have
cleared up materially. Brokers, fearing the
tie-up might stand In the way. should quick
communication with a customer liecotne nec
essary. avoided rather than encouraged
new business. The local spot market, how-
i*r. furnished the diverting tlMiight when
.. third revision In n week further nnr
rowed the down trade differences. Low
middling Is now only lo below middling.
iind' owners of such grades, which they
claim will not bring quota lions In the open
market, now look with favor on the oli
vine* opportunity for unloading on con
tract! The New Orleans stock contain*
very little good eotton. consequently official
quotations on middling nnd above lire noml-
nnl merely. The narrowing of the differ
ences have, of course, affected the value
of local contracts.*’— Ilnywurd, Vick
Clark.
American Buieltlug. .
Ain. Lncomtlve. . . .
do. preferred. . . .
Am. Cor Fouudry. ..
American Cottou Oil..
Aunrotida
Atchison
do. prefer red. . .
Atlantic C. Line. . . .
Brooklyn Rapid T. . .
Baltimore x Ohio. « .
Chesapeake A Ohio .
Canadian Pacific. . . .
Chicago A Alton. . ..
Colorado Fuel A Iron.
Cor« Produce
Colorado Southern. ,.
Debt ware A Hudson. .
Denver A Ido Grande.
Distillers’ Securities..
Erie
„ do. preferred. . . .
General Electric. . , .
Great Western
Great Northern pfd. .
Illinois Central
Interhoro. ......
„ ‘1m preferred. . . .
Kansas A Texas. . . .
Sit
■m
NAUR or STOCK.
kalisas X Texas pfd.. ,
lxmlavllle A Nashville.
Missouri Pacific
Mexican Central. . . . ,
New York,Central. . . .
Northwestern.- , , . , ,
National Lend
Norfolk A Western. .. \
Northern Pacific
Ontario A Western. .. ,
Pennsylvania.
Pacific Mull
People’s Gas Co. . . . ,
Pressed Ht»*e| <>e. . , ,
Heading.
Hock Island
do. preferred
Republic Iron A 8teel. ,
do. preferred. . . . «
Bout hern Pacific. . . . «
Southern Railway. . . .
do. preferred. . . . .
Rt. Paid
Tenu. Coal A Iron. . . ,
Texas Pacific.
Union Pacific. .... a .
t\ H. Rublter
do. preferred. . . . ,
U. R Steel
do. preferred
Western Union
Wnbash
do. preferred.
:§s
gx
liiii
sl
mi
NEW YORK.
i
%
5
Sal !
it
Aug
H<q>t
Oct
Nov
Deo
Jnn
Fob
March. . .
May. . . .
11.49
11.66
U.M
12. i 8
12.27
12.21
12.34
12.30
11.40
11. U
12.07
12. is
l.'.LT
12.21
12.86
12.30
11.31
11.90
12.00
12.09
12.21
12.19
12.30
U.il|ll.23-24
UefflUeH^B
u .%&8
11001100-01
12. lOj 12.08*10
12.21 1112-14
12.1912.19
12.30 12.27-29
11.41-43
11.49-50
12.06-07
12.10-11
12.17-18
12.27-28
12.29-31
12.37-39
12.44-45
Cloneil Imr.ly eteadjr.
LIVERPOOL.
•nd dose, compared with yesterday
Futures opened steady.
Opening Frevlon*
Range. 2 p. m. Close. Close.
August 6.99 -7.03 7.00 6.96*
Aug.-Sept.... 6.37 -6.88% 6.88 6.84
Sept..Oct.... 6.72%-6.73 6.72% 6.69'
Oct.-Nov.... 6.68% *“
Jan....
Jan.-Feb.... 6.C2 -6.63
Feb.-March. 6.63 -6.64
6.94%
:.N4% 6.82%
E.69% 6.67%
6.68% 6.C5- ' *!■
6.65% 6.62
Closed quiet l^ut steady.
NEW ORLEANS.
I
i
1
?I
j II
Aiiff
Hfpt
Oct
Nov
Dec
Jnn
Fob
March. . .
1*2.41
12.34
12.40
12.43 1*2.24
*1*2.37 *12.i7
12.44 j 12-17
12.26
ii*. ii
12.37
12.69
12.58-60
12.24-26
12.20-22
12.18-19
12.26-27
•
12.86-29
12785
12.78
12.45-46
12.41
12.39-40
1148-49
12.50
12.60
NOTES ON GBALV.
Pointers on Provisions.
L. M. FAIRCHILD A CO.’S
WEEKLY COTTON LETTER.
New York, Aug. 14.—After n steady open-
bii: tin* market weakened on reports of
r:,| ns In smith Texns. but these reports
"'•re not confirmed nnd the market milled
and ruled steady throughout most of the
Jeaslon, While every one believe* rnlns In
HI cause a temporary decline, the
frndo i% inclined to keep off the short side,
n “ spot conditions continue to show such
stri’iiBth that It looks Improbable that any
ocriine of Importance can take place. Pri
vate reports from Mississippi nre very bull*
*?"! 1*» fact, outside of the Atlautlc states
me crop |g probably the worst seen In years
y this season of the year. Trade (s limited,
due to lack of wire facilities, and then* does
not appear to be any Important long Interest
1,10 market. The lw*ars will no doubt
take advantage of condition* nnd use their
uunost efforts to force price* down, but we
f an *w»t favor following any.decline which
may i„, rioted and believe that the best re-
u jl**a ninrk^t ^ making purchased
The dry goods market continues firm and
ATLANTA MARKETS.
FRUIT AhlD PRODUCE.
EO06-Active, 21c.
LI VIS l'OUl.TllV—Hem. nctlve. KfllRf;
chickens (frl»>. 12H©27tto. Ducks, rekin.
SOc each; pwldlc, Sc ench. Turkeys, active,
12>,c per pound. '•
riRRSSKD POULTRY—Turkeys, drawn,
active, 18 rents pound; fries, active, 20c
pound; hcns,15c per pound; ducks, drawn,
faucy. 15c pound.
PRODUCE—Ltml. 12c pound: limns ».*
tlve 10c pirind; Shuoldsra active lOQllt
pound; sides active. 11c pound: bultsr dull;
l94il2V>o pound; beeswax active, 25o pound:
honey, bright, active, 10c pound; honey lo
1-pnund Mocks active. 12He itound.
FIIUITR—Lemons, futicy Messena, 25.50;
liannnaa. 3Vkc lb.; pineapples, Florida stock,
none; limes. Florida stock, per hundred,
>1; penuuts In sacks averaging 100 pounds
each, owing to grade, tier pound, 6H«8c;
cantaloupes, slow sale, 75c crate; watermc,
uns, un-iKOr each: Ororgla poaches, 22.25@
2.50 crate: rhulmrh. 76c each.
VEOETAW.KI*— Potntoes. new, JS.75 bar
rel; per luishel, 21.40. Onions, (leorgla, 2L60
per luishel; Spnnlah. 21.50 crate; kraut, half
Imrrd, 23.73; cabbage, 2Hc pound.
GROCERIES.
ri'T -lnc 5«64c; head SStlc: fancy head
rtrCT aerordlng to the grads.
OHEEHE—Fancy fall crenm. 17 cents;
Ileorgln rone syrup 17 cents gallon; salt,
;t.i.found. 50c: ail- grcaaa 11.75; soda crack
ere 2Hc pound; lemon, Sc: nyater. 7c; bar
rel eandy. per pound. 6V4c: mixed, pet
pound. 64c: totuntosa. 2-pnnnd, 22.00 esie;
f.potiml, 21*: navy henna. 22.40: Lima beans
Cc; best matches, per groae. 21.15; macaroni,
4i4«77c pound: aardlnea. mnatard, FL2S ran*.
. .... . Arimcities tit; balk In
I,ties and barrels 12c: green ll@12e.
Phredded hlscnlt *5 case; No. 3 rolled oats
12.* ease: sack grits, «e pound hags, 21.81:
..esters, full weight 22 csgs: light wslght
li 10 etiae: t)#pfM*r, 18c lb.; baking powder 38
rale; red gilrann. 25 rase: pink salmon, $423
erne; cneon. <ue; chocolate. 29; annlf. Mb.
I.rs 48c; roast beef. 47.60 cose enrned beef.
17 61 case; entsiip. 21.00 ease; sirup, New Or
leans.. *e _vnUon; _corn. me gsllo^n; Cuba
PROVISIONS.
pnoVIFIOJCR-Mtpreme hama lBHe. bellies
•on* pounds average. S.OTH; fat basks. f.»:
Sunrenie lard, 10. Parity compound. 8%:
rallfornM Uama. 10c; dry aall extra riba
FLOUR AND GRAIN,
FLOUR—Highest patent, 5.90; best pat-
the report* now Indicate that export trade
Is running on a better scale, some gooi) sn!«»*
Lflng roporteti to Chinn. Not only In spot
cotton In good demand, but there Is even it
good foreign Inquiry for llnters. Cotton
need oil Is bringing splendid price*, nnd al
together we see no reason why cotton pur
chased around present prices should not
prove profitable, although trader# must Im»
prepared to stand temporary depressions.
The weakness III the stock market so far
has had very little effect on cotton.
Special to The Georgian.
(From Hayward, V7rk A Clark.)
Chicago, Aug. 14.—We feel us though
wheat Is about as low us will sell. We nre
certainly on an export hnsls, and It only
requires good telegraphic communication In
order to do n large amount of export busl-
Wc would ndvlse buying wheat on any
gooiI recession from present prices.
We believe corn nt present prices will do
to bur. The farmers do not seem disposed
to sell much corn; and ns small lots nre be
ing worked for export dally we do not sue
how receipts can run above the demand.
Receipts of oats are liable to run fairly
liberal for the next few weeks, but we see
no reason why there should be any tuaterlui
decline in prices.
The Chicago Rocord-IIcrnld: The govern
ment's figures on winter wheat were larger
than expected, but the final official revi
sion will probably make a much larger re
duction in the harvested area than us-
* - - -- *. 1CM ,.
age revision given in the May report. On
the other hand, there may l»e n little better
final spring wheat showing than that of
last week. The present Indicated crop 1*
about 633.000,000 bushels, of which 409,500.000
bushels nre officially reported as the win
ter wheat crop and about 222,000,000 bushels
Indicated ns spring.
Government figures on tho corn crop
showing nil Improvement of. only 2.6jiolntn
during tho bbufl corn weather of July
proved n general surprise to the trade. The
August report will show the maximum con
dition of the year nnd that from now out
the danger of drawbacks and disasters will
Increase.
The cr .. ~ .
escape frost dangers, nnd — ----- —
made In July dries not promise much en
couragement. A very large proportion has
not yet reached the tsssollng stage, sonic*
whnf remarkable for this season of the
1 The Chicago Evening Tost: Death of E.
It. Dllllnglinin. formerly commercial editor
of The Roeord-Hernid, at a sanitarium In
Michigan wns announced In the morning
newspapers ns having occurred Monday.
The sad ending of so.bright an Intellect
brought expressions qf sorrow from the
large number of member* of the board of
trade who had learned tho value of the de*
indent's analytical reviews of the grain and
provision markets and their absolute Im
partiality.
Chicago board of trade Installed ten long
distance telephone wires this morning and
expects to get Its regular cables thrnttgh
from senlmnrd ports ns usual. Eastern cor*
respondents were notified by mall on Satur
day ns well ns by prlvnte wire.
Kansas City message read; ’’No rnln
hero, but some cooler. The mall this nrnrn
lug full of damage reports on corn. Corn
lu western Nebraska nnd Kansas about
gone; tassel dead. Last three days of Inst
week did It.”
Chicago board of trade quotations, own-
el nud controlled by the Chicago Ixinrd of
trade nnd by them distributed through the
Cleveland Telegraph Company, are now un
ionised, and a contract has bfen entered
Into on the part of the union nnd the
Cleveland Telegraph . Company. Tho nit
transmitter Is a union man nnd works
under this contract.
Itnrtlett-Frnsler received the following
message from II. W. Snow from Norfolk,
Nehr.: “Corn In northern Nebraska Imper
fect stand; If everything matures might get
80 per cent of Inst year’s crop. I^ite, Jnst In
tassel, and present hot wave Is scorching
bloom and stlk. Three or four days of It
will do serious Injury. Growth on high land
good, but low spots In all fields sre worth
lass. oat*, small yield and light grain.
Straw was rusted and heads did not fill.
Yield will range from half to two-thirds
of Inst year’s.”
WHEAT OPENED HIGHER;
STEADILYJDVANCED
Com Strong With Plenty of
Buying—Oats Were
Also Strong.
WEATHER REPORT.
WEATHER CONDJTION8.
ST. LOUIS CASH QUOTATIONS.
Wheat—Np.^ I red winter
ed better onTJetter foreign advices nnd ?iet
ter weather advices from tho uorthweat
Commission houses were fair buyers, ol
though they admitted their communication
with country points was Interrupted, l’rlccs
wore up % at tin* opening and the general
tendency was Ann.
Corn also ifas strong, with plenty of buy
turns.
Provisions were dull and lower, owlujL-to
heavy receipts of hogs nnd cnttle nnd disin
clination of tho traders to do business In
that pit.
Wheat closed higher for the
Corn wns up %ft%c and outs %fflc higher,
but provisions were off a llttje.
Cash transactions of tvhent were enor
mous, sixty boat loads being shipped for
export lit the seaboard and out ports nnd
500,000 bushels here nnd on milling nnd other
account. These transactions helped the
mnrket a little, nml tliero wns a general
feeling among the trade flint the wire trou
bio* that have restricted business for sev
eral days have been fully discounted, and
thnt n reaction In prices Is due.
The financial difficulties of a large cast
ern. manufacturing concern acted as a wot
blanket on the market, causing a setback
from the best prices.
Weather was generally favorable In all
sections.
CHICAGO GRAIN MARKET.
Following are the Chicago grain nnd pro
visions quotations fur today, compared with
yesterday's close;
Open. High.
WTIEAT-
Rcpt.... 84%
Dec.... 89%
"to-•?
Sept.... wTi
Previous
Low. Close. Cl os*-
l* i l
i 1 fi I B
rr& » a » « a
Mm.... 44 £ 452, 4424 4474 4474
THE COFFEE MARKET.
The following flsuri'S xjvp tho 0| _
ingc nnd close lu the New York coffee
market for today: ,
Onenlng
Range. Close.
..S.tOA.* 5.8U.90
January .. ..
February .. ..
March
April
May •
June .. .. .*
July
Hepteih1>er affiS'S
October
November
December »• •• •• •• •• .,n.si-o.io
CloSed Iteady. Sales 7.750 lsigs.
. .5,80-5.90
. ,5.88-5.90
..5.80-5.85
..5.95-6.00
. .5.90-0.00
. .5.66-6.05
5.85- 5.90
5,95*6.00
5.9645.00
6.006.05
6.05- 6.10
6.06- 6.10
B. 70-5.75
5.80JJ.85
5.80A.K5
5.8045.86
5.86- 5.90
HAYWARD, VICK & CLARK,
COTTON, STOCK3, BONDS, COFFEE, GRAIN AND PROVISIONS.
Carondelet and Gravler St,., N,w Orl«»n*.
MEMBERS!
OrlMBi Cotton Exrhnnge. Now Orlrans > ^2 t ; , I* l .Pm k B[lrd« , If C Tr»dS;
Now York Cotton Kxeh»D*o. N>w Orlojn, nnd Lblraao uoara* or tr,u..
HoS'ffl" Sett: iSLu?o rk 3i™!y. li« Wl’ C-HU-
Now York and Chlcngo L-nrrnpon-k-uH;
J. 6, BACHE & CO., AND BARTLETT, FRAZIER 4 CARRINGTON,
PRIVATE WIRES TO ALL POINTS.
ontl tt'«5 : . «prin* wheat potent,’ 2«.M.
COBN—NO 7 white. 72c; choice white, 90c
No. 2 yellow 79c; mixed. 73c; cracked corn
'’cHIcSttSf ^i;RI>-Flf ty-pound Mcka 91.00.
Punla Chick fowl 92:. victor fmsl ||.M.
OATK-No. J whit*. Be; Ko. 2 mixed (2c;
Golden oafs Kc; white clipped 67c; fancy
white clipped 66e.
MKAI^-FIatu. per 96-pound sacks, He; 48-
pougd sacks, 66c; plain. 24-pound sacks, 12c;
**5aY—THkothy. Jholc* lorro twin. 91.40;
do. choice •moll hole. I2.»: No. L one-
third bales, Mpl Ka l, one-thlnl hales,
11.26: choice prairie. {LOO; n^nuuda. 11.19.
SHORTS—Choice white, 11^; fancy fl.tt;
FISH.
Fl»n—Rretm 7c round: snapper lie
pound; trwt Se pound; blue f$hi ft pound;
pomps no. 20e pound: mackerel, 12%c pound;
mixed fish. Be pound; freeb water trout, Sc.
PORK—
Sent.. 16.10
LARTi-
Sept...
Oct...
HIDES
Sept... 8.70
Oct... 8.80
16.15. 16.07% 16.07% 16.10
9.02%
9.12%
8.72%
8.67%
8.77%
LIVERPOOL GRAIN MARKET.
Wheat opened unchanged nnd nt 1:30 p.
m. %©% higher. Honed %«% higher. t
Dorn openc<l unchanged to % off nnd nt
1:30 p. m. % off to U up. Closed %<f% off.
THE SUGAR MARKET.
New York, Aug. 14.—Tlie domestic refined
nml raw sugnr markets are very .steady
and unchanged, licet sugars In Ixmdou are
unchanged..
CHICAGO CAR LOTS.
and estimated receipts for tomorrow are ns
follows:
Today. Tomoe.
Wheat »> 210
Corn 206 189
Oats 1*6 ..162
Hogs, head 24060 22000
THE METAL MARKET.
New York. Aug. 14.—A heavy tone pre-
vailed on tlie bx'nl metal exchange nnd
business *v*« light. Copper unchanged.
Tin was down %c.
. , . . the northern fakes, while
Its crest extends from northern Michigan
southeast Into Georgia nud the Carollmis.
The advance of this high area has caused
a marked fall In' temperature over the
Ntntes east of the Mississippi aud north of
the Dido. The pressure Is lowest In Mon
tana, New England nnd southern Texns.
Cloudy weather prevails In the Missis
sippi valley nnd on the l’aclfic const, nnd
Hhower* hnvc occurred on the gulf nnd At
lantic coasts nnd at n few Interior stations.
The Indications nt present point to partly
cloudy weather nml probably showers In
this vicinity tonight and Thursday; uot so
warm.
COTTON REGION BULLETIN.
Atlanta, clear. . . , ,
Columbus, clear. . . .
Greenville, rain. . . .
•Mncou, dear. . . . ,
Month din, dear. . .
Rome, clear
••Spartanburg, cloudy.
Toocon, clear.
•Minimum temperatures are for 12-hour
perhxl eliding at k a. m. this date.
••Received too late. Not Included In dis
trict averages.
Special to The Georgian.
M (From Hayward, Vick & Clark.)
New York. Aug. 14.-J. S. Hnche & Co.:
Americans In Londou %fjl% higher. Hr.
I’nul, Illinois Central, Katy ; stocks. New
York i entrnl, I'ehusylvntiln. Reading ami
ITilon Pacific nre the strongest. The latter
Is 1 per cent higher.
There la distinctly anore'cheerful feeling
this morning, with the advance in Lon*
don. The market was 111 an oversold con
dition ami the rebound wns material.
There Is no confirmation of the rumors
set allow yesterday In regard to cabinet dis
sensions. The most favorable Interpreta
tion Is that In which crop moving will hi
aided by the government when the neeea*
Itr for such action appears.
A lndteruient In general list la now looked
for.
Ext*
ugninst 38,641 tons hi June nnd against
28.9 42 tons in July of last rear. This Is a
record-breaking export business.
The heaviest Increase was In steel rails.
The shipments were larger than In any
similar period since 1902. pails were sent
principally to the Far East, while steel bil
lets went to England nml wire to South
Far East.
tons, ngnlnst 19,031 tons
Town Topics: The spectacle of rising
prices lias done more than anything else
could do to restore confidence. Reports of
cabinet changes ami interviews attract lit
tle attcntlou. compared t& that aroused bv
such banking support ns the good stocks
received yesterday. Inside buying prevent
ed a disastrous slump lu Union Pacific Mon
day, nml the same buying has since been
In evidence whenever lienrs have Irled to
depress prices. On tile soft spots, vve would
buy such stock* ns Union Piclflc nml South
ern Pacific, Great Northern and Northern
Pacific, St. Paul. Atchison. Rending. Bal
timore. Northwestern. Atlantic Donat Line,
IamiInvIIIo aud Missouri. Kausns and Texas.
Among the Industrials. General Electric.
Sugar. Isicomotlre, Car Foundry, Lend.
Smelters nml the Uop|H>rs are line for a
further shurp rally.
FEELING IN STOCKS
IS MORE CHEERFUL
GEORGIA RAILWAY AND
ELECTRIC COMPANY.
Boston. Aug. 14.—Following was the hid
nnd naked price on Georgia Rail wav and
Electric Uompnnv today: HUl 81. Asked 83.
Preferred, 83 naked.
MINING STOCKS.
Roston. Aug. 14.—Opening stockn: Topper
tmiffn IwU Minoltliii* in Ti'lnlfi* Ifiiz /kl.t
THE LONDON STOCK MARKET.
Anncondu
Atchison
do, preferred
Halt (more nnd Ohio .. .
Cnumllnii Pacific .. ..
Chesapeake nud Ohio ..
Erie
do, preferred
Illinois (’entrnl
Louisville and Nashville
Kansas and Texas
Great Western
New York Central
Rock Inland .. ..
Southern Pacific .
Southern Railway ..
do, preferred .. .,
St. Paul
Union Pacific
United Rtntes Steel .
do, preferred /.. .
WAbash preferred ..
166%
117%
Due to Some Sharp Advance
in the London Mar
ket.
OPENING WAS LOWER
Recovered Later, Turned
Weak and at Midday
Was Sharply Lower.
New York, Aug. 14.—There was a decided
lull In this morning's market after the
exciting fluctuations of tlie preceding days.
The speculative party working for n de
cline renewed tliefr efforts from time to
time, but did not meet with mueli sue*
•■ess. There wns no great Inclination to
buy, ami ns wall, there was no continua
tion of the liquidation which wrought such
havoc on the two previous days. It looked
us If the lienrlsh contingent stood pretty
Minch alone in their selling of stocks at
eoncesslons— that Is. while there whs plenty
of offerings on the rulUex, the pressure
censed us soon as any weakness developed.
The net result of these technical condi
tions was that lifter soiue heaviness nt the
opening and for a quarter of an hour fa for
ward the movement of prices resol red Itself
lute a series of unimportant tfuctiiatloiiH lu
which very little net change occurred.
Some disappointment wu* expressed because
yesterday s rumors of some favorable an-
uouiieemeiit from Oyster Ray fulled to ma
terialise. but there was no reflection of
tills III the dealings.
New York. Aug. 14,—The stock market
opened Irregular. Erie second preferred up
and Pennsylvania up %. Smelting open
ed off 1M
P»
i oppj
■ %. Steel shares %. Union
lug sold off 1% aim rallied %. Amalgamated
lost l per cent nnd Northern Pacific lost Its
early gains.
At the soul of fifteen minutes' trading tha
market generally began to recover the lost
ground under the lend of Union Pacific.
Closing 1 bbls for tho active list of
stocks follow:
Closing Bids.
Atchison 831-8
do prof ,. .. 91
Baltimore and Ohio 90 8-4
Canadian Pacific 103 1-1
Chicago and Alton 163 1-2
Chicago and Northwestern.. ..139
Denver and Rio Grande.. '.. .. 23
Erie 68 1-8
Jersey Central 128
Louisville and Nashville 104 8-4
Manhattan L 120
Mexican Central 17 8-4
Missouri Pacific.. 65 1-4
New York Central 100 7-8
Pennsylvania 115 1-4
Reading 88
’66% Rock Island.. 18 1-4
Southern Pacific 81 3-4
Southern Railway 171-4
Union Pacific... 231-8
Interboro-Metro 9
do. pref. 261-2
Great Northern 116 1-4
COTTON 6EEp OIL MARKET.
PollqwlDg Is given tbs opening and dosing
ot tbs Ntw York cottou seed oil mnrket:
CENTRAL
STATION.
Atlanta. . . .
Augusta. . . .
Charleston. . .
Galveston. . .
Mobile
Montgomery. .
New Orleans..
Savannah. . .
Vicksburg. . .
Wilmington. .
DISTRICT AViflBAQBO.
Ill
fi!
ill
T. Indicates Inappreciable rninfnlH • For
yesterday. ** For 24 hours eudlng at II a.
76th meridian time.
Remarks.
Igher temperatures prevail In nearly nil
districts. Rnln has fallen lu nearly all
parts of the bolt.
J. H. MAHRURY, Section Director.
WEATHER FORECA8T.
Washington. Aug. 14.—Weather conditions
nnd general forecast:
An area of high pressure of considerable
magnitude bus moved from Manitoba to the
lower lake region In past 24 hours, causing
fresh northerly winds nnd relatively low
temperature# over the upper Mississippi val
ley nnd thence eastward throughout the
lake region, the upper Ohio vsller, the
middle Atlantic state# and New England.
Report* from western districts this morn
ing nre delayed, but what few have been
received nt this hour Indicate the presence
of a disturbance north of the Dakotas. Rnln
fell Tuesday from southern New York to
‘ * Tulf coast
fery little
rain has l»een reported from other parts of
the country.
Fair weather Is probable tonight nnd to.
morrow In nil parts of the Wnnhlngfon fore
cast district, except the east gulf states,
where scattered showers are probable. Mod.
ernte temperatures will prevail In the north
ern part of the district.
Forecast till 8 p. in. Thursday.
Virginia—Fair tonight; cooler In southeast
tortlon; Thursday partly cloudy and warmer
Jn extreme southwest portion; light to fresh
northerly winds.
North Tarollns-rFsIr and cooler tonight;
Thursday fair; fresh northwest to north
winds.
South Carolina—Showers late tonight or
Thursday; cooler tonight; variable winds,
becoming fresh north to northeast*
Georgia—Partly cloudy; possibly showers
tonight or Thursday; variable winds, becom
ing fresh northeasterly on‘the coast.
Eastern Florida—Scattered showers late
tonight or Thursday; variable winds, be-
>mlng northerly nnd light to fresh.
Western Florida. Alnlainia and Mississippi
—Showers tonight or Thursday; light to
fresh southeasterly winds.
Louisiana—Partly cloudy; probably show-
r* In the south.
Arkansas. Oklahoma, Indian Territory,
East Texas, North and South—Partly
>koady.
October
November. . .
December. . .
January. . . .
Closed easy.
USED STATE PAIR
FOR SWINDLING
According to report* being received
by the official* ot the itnte (air, the fair
I* being used In eeveral cltle* In the
North nv a. baslit ot swindling opera,
tlon*. % .
These report* are to the effect that
a man employed here Inst year tn n
minor enpaetty at the fair I* repre
senting himself as contracting agent
for the ahow this year and Is borrow
ing money and forging checks on tho
atrength of It.
4%
UNION
4%
SAVINGS BANK
Gould Building
CAPITAL STOCK . . . SI00.000.00
RC80IJR0ES j ’7"
8250,000.00 I 4 Jo
4%
Amalgamated Copper
American Oar and Foundry
American Locomotive ...l,
American Tobacco
American Cotton Oil .a ...
American Smelting
do. pref
Brooklyn Rapid Trnnalt ...
Colorado Fuel and’Iron ...
National Biscuit
National Lead
Pacific Mull
People's Oa»
Hloaa-ShelTleld Steel
Sugar Refining
United State* Bteel
do. pref.
Mnckny Company
Vlrglnla-Carollnu Chemical
691-4
37 1-2
301-3
76
10 1-4
94 1-4
96 1-3
42
23 1-3
70
44 1-2
MONEY AND EXCHANGE.
211,; lime lunna firm at 6 per cent for
lieriml*.
l'nHtiri rate*: sterling exchange, I4.83VH9
t.«n,. with netnnl liunlnc** In hanker*' hill*
nt USC.Vh4.M*> for dciunml mid 24.(4200
4.8240 fnr 60-ilny hill*.
Prime merenntllc pr
letmhm bar silver
,liver Sit,.
Mexican dollar* 63%.
BANK STOCKS.
Central Bank & Trust
Union Savings, Lowry
National. Prices on ap
plication.
HILLYER INVESTMENT 00.,
Bond Dep’t. English-American Bldg.
New York. - Boston. Chicago. Washington. Phlladslphl*
Baltimore. Atlanta. New Orleans. San Francisco. London.
Ths American Audit Company,
100 Broadway, New York City.
F. W. LAFRENTZ, C. P. A., Pres. G. E. MANWARINQ, Vice Pres.
THEO COCHEU, JR., Secretary.
Tho American Audit Company, chartered under tne laws of Now York,
le empowered to examine tho affairs of, and make reports upon the finan
cial condition of private and public concerns 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. BIDWELL, Resident Manager.
Telephone, Main 672. Cable Address, Amdlt, New York.
U H. Fairchild. Established 1085. S. J. White.
L. H. FAIRCHILD & COMPANY,
NEW ORLEANS.
Members:
N*w Orleans Cotton Rxrhnng*. N-w York Code, Excbnaia
New York Cotton hxrhnngo. New Orlrane Hoard of Trtdo.
Vew Orleans Muck exchange. rhlrago Rnenl nf Trade.
LIVERPOOL COTTON ASSOCIATION.
Privets Wire* to NEW YORK tod CHICAGO. Order* lollclled for future deUf-
■17 ou above Exchanges U. C. COTHRAN.
ALONZO RICHARDSON & CO.
Public Accountants, Auditors and Bank Examiners.
Audita. Special Examinations, Costing and Systematizing,
EMPIRE BUILDING, ATLANTA. GA.
FRANK HAWKINS, 1'rraldeot.
II, At. ATKINSON. Vlw-l'rc.ldent THOMAS C, GIIWIN. Cnehlra.
JOSEPH A. H'COIID. Vice-President. It. W. UYKIts. Aulitunt Cashier.
Third National Bank
Capital - - - - $200,000.00
Surplus and Profits $400,000.00
on. a. w. cAf.nouN.
MILTON DA ROAN,
JOHN W. GRANT.
!J. Y. M'COBD.
josbVii .C m c6rd.