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H fa A'iXiAi'i i'A uaiiUnvjrlAX Ai\i) Initial Prices Showed De cline of Prom 4 to 9 Points. FIRST PRICES LOWEST Liverpool Closed at Sharp Losses—New York Did Not Fully Respond. New York, Aug. 15.—Thera was heavy .piling of cotton at tho opening this morn* Inc br Wall street Interests and lome good buying of Decembor and January, assumed to be for Trice, corering of shorts. This, with more contUlont Investment purctur'— by some of the. pit operators constituted futures of the early dealings. After the Cotton during the morning session held remarkably well considering the sharp slump In both spot and futures In Liver pool and the unsettled and feverish condl up to noon. Trading was rather dull end confined mostly to the professional element. San Antonio had a hard rain Wednesday afternoon and Houston reports rain Thurs day. All theearly decline was recovered during the afternoon session, the tone at the close being steady with prices net unchanged to 4 points higher. Receipts at the ports up to and In cluding Wednesday aggregate 6,396 bales, against 19,686 last year. SPOT COTTON MARKET. .now lorx, quid; miuaung ld.zo. New Orleans, quiet; middling 1394* Augusta, quiet; middling 1394. Savannah, llrin; middling i2%. Memphis, Arm; middling 13*4. Galveston, steady; middling 1394* Charleston, nominal: middling 1394. Wilmington, nominal: middling 1394. Norfolk, steady; middling 1394- St. Louis, qniet; middling 1394. Baltimore, nominal: middling 1294* Hnston, quiet; middling 13.25. Philadelphia, quiet; middling 13.60. HAYWARD, VICK & CLARK'S DAILY COTTON LETTER. New Orleans. Aug. 15.—Interrupted com munication and the unsettled state of the financial markets are still the principal disturbing factors to trading In cotton. Stocks opened weak. The Rank of Eng land raised Its rate to 494 per cent. Liver* pool, In consequence, was about 6 points lower than due, and the execution of ac* mumulnted selling orders caused a loss of about 10 potnts nround the opening of our market today. It recovered a little on ring scalpers covering ahorti, but uncertainty prevails, owing to lack of Information about the weather. The map so far only shows < loudy at San Antonio; rainfall .32 and lunch lower temperatures—79 at San An tonio and Galveston. Newspapers report a rainstorm at Ilenumont, Tex. Easterly winds —*—*' 4 * preclpl ... __ _____ Manchester says trade conditions not quite so satisfactory. Manchester trade suffered by recent Annnclnl troubles In Egypt. T Ing has settled nround 12.20 for Oct<—, snd the market apparently allows resistance to further decline. There has undoubtedly been a thorough liquidation of the weaker long Interest and the market Is In good •hope to respond to. favorable InAuences. From all reliable Information to hand, to day's prospects have been too severely hurt to allow of anticipation of even nn aver age yield from that state. Cotton has suffered a depression of 60 points, mostly bv outside Influences. Taking nil this Into consideration, the problem appears reduced to tiding over further temporary setbacks, which are always possible at such times as the present. On the cotton situation proper the policy of buying on tho scale- down appears deserving the preference. New York, Aug. 16.—J. H. Ilnche A Co.: The cotton market suffered from tho gen eral depression In the stock market and unsettled Annnclnl conditions abroad, to gether with the advance in tho Hank of England rate of discount to 4 per cent. The Liverpool market showed declines ex tending 2$4 points lower than due and our opening was from <W10 points lower than the close. The weather conditions re ported this morning Indicated reins In some Texas points, but the rains were not fcevere and general, but. ou the whole, the mop was Javornble. The fear of Anandal com plications mused a setback below 1.80 for Iictol»er. The rest of the morning session [ to disposition on the part ement to take hold. We .... _ and trading market, but would favor tho long aide ou all depres sions. NEWS AND GOSSIP of the Fleecy Staple. Special to The Georgian. v Hayward, Vick A Clark.) ttXSLlF*' AWT* JErJ. »• barhe A Co. : Liverpool wna due 694 lower on old and 465 lower ou new crops. Opened quiet, 5 low * r . an d ® lower on distant positions. At gUB was easy, net 794&S94 points lower, ppots in moderate demand at 11 points lower; middling 7.27; sales 7,000; American 6,W0; speculation and export 600; no re ceipts. Liverpool sends lower prices. Anandal un settlement abroad with an advance In the England bank rate unsettles both stocks and cotton markets abroad. The cotton market here la expected to bo quiet and Ir regular with tendency downward. This will no doubt be the rule until the flnsncls situation clears. Think It safe to sell ou all small advances. Weather conditions continue the same. Commission houses sold October. Wein man bought 7,000 December nt 11.93 and 11.94 Scattering trade In January. Selling pressure easing up for the present, but very little conAdeuce ns yep. „ Following arc 11 a. m. bids. August 1L15: September 1L28; October 11.86; January 12.06: March 12.16. New Orleans, Aug. 15.—Hayward, Vick A Clark: Market lacks conAdenee. Looks like more liquidation and lower prices. Weather map so far shows cloudy weath- ,\ Rainfall .32 at Ban Antonio, .04 nt Gnlveston. Clear nud generally fair In eastern half of belt, with scattered show ers. Map not complete. Most of Texas reports missing so far. Think wilt go lower, owing to Anandal troubles and rains In Texas, but would not sell. Itather wait for n good opportunity to **ur. Newspapers speak of a rain storm In west Louisiana, southeast Texas to Beaumont. Some rain reported also from San Antonio. No map yet, but weakness of Liverpool very likely due to rain reports from Texas. STAPLE COTTONS CONTINUE IN STRONG DEMAND. L. H. FAIRCHILD A CO/S WEEKLY COTTON LETTER. Now Orleaus, Aug. 15.—Liverpool was "••nk t«Mlay, due to reports of rnlns lu Texns. it will be noted, however, that Mlm In that market continue to run ex ceedingly heavy for this season of the year. The weakness In the stock market, to- (»g side, while such conditions exist. ffe believe that the long* bnve liquidated now. and that probably a fair short Interest tins been Initlt up. Owing to the lack of wire facilities it Is Impossible to form any fxset tdon ns to weather coalitions, but It looks probable that good rnlns have fall en throughout Texas. Conditions at pres- ent do not favor any material advance, and for the time being we would prefer to buy only on the set-lmeks. We would keen off the short side, however, ns cot ton hns had n fair decline, and the market I* undoubtedly In n more healthy condition, due to recent liquidation. We must not overlook the fact that August and Hcptem- t>er nre the most trying months on the crop and any unseasonable weather can play havoc with prospects. WOULD FOLLOW TEXAS RAINS. •light increase in yield X«w Orion., A tig. 15—The Tlmra-Drmo- . "Again the sentimental lnflu ; races of rain predictions for Texas played the cotton market ;h lq the opinion of well of t* ’ informed students of the staple the ques- I» n k»ln or »o rain In that state can *&T» the quanta tive yield to a small extent ®niy. the Texas crop having been cooked. «?\nwhll« other questions bearing upon the relations of cotton to the various requlre- of tb * ^vlllted world are clamoring. »nd are entitled to greater thought and “ore Intelligent consideration than hns yet prevail on staple cottons for forwsrd deliv the market higher, but mand from the large consumers or cotton goods. There Is no division of opinion In regard to bleached goods being able to sub tain a further advance, and lines of prom- advance. It might appear to a casual oh- that the market can not take at present, tlons prtjvnll yarn market month. Met. _ — dress goods manufacturers nre now able ge with fair accuracy the course thnt will take for the spring of 1908 and are doing a fair amount of buying on Ane worsted and the better grade of woolen yarns. Silk piece goods are reported In he wholesale and Jobbing markets is mov- ig with remarkable strength for fall, rices aro becoming tighter and the possi- lo supply of goods from which cutters and jobbers can draw Is diminishing rap idly. In the gray goods market a most remarkable buying period has closed and ‘ . -•* —p condition for i many convert , ivered * or theft midwinter requirements. Wide goods In 80 by 80s and above are commanding a premium In sales at second hands. In the local jobbing bouses Tuesday a strong bust ness was done on piece goods In the stn pie cottons and also In fancy woolen, worst ed and manipulated dress goods. Print Cloths Stronger. As buyers And It Increasingly difficult to get orders on narrow standard goods ac cepted for delivery within Are to six months they are turning to odd construction goods and 28-inch 66 by 60s are br S nusually strong prices. The 2$-!nch ‘ goods nre completely sold up on its for three months to come, and 28-Inch bringing :h W by imam ior miPO uivuiuv iv wwr. nuu w-mi u •tandarda at 6«c have been oft tho market to all practlral jmrpoae, for aomo time. The forward hualnese on this conatruction la heln* hooked on n bnala clone to 6He for delivery during tho three opening months of 1905. On SSH-Inch atnndarda spot good, bring Vic without any difficulty ana 7Mo ban been pnld ter fnlr nlaed lots to he delivered In December, January and Febru ary. Convertera seem more anxious now to purchase than printers nnd, together with the ling manufacturers nnd other manufac turing Interests, are causing much Inquiry through this mnrkct for spot and contract COTTON SEED OIL MARKET. Following Is given the opening and clos ing quotations of lb. Now York ct oil market. quotations of tb. Now Openlm ::: August September. . • October. . . . . Novembor. . . . December. . . January Closed quiet. ATLANTA MARKETS. FRUIT AND PRODUCE. UVE I’oV)l!f‘nY-neni, active. 8C*7He-, chickens tfrlni. HHOnjtc. Dnekn, Ptkln, Wo each; pwldlc, fie each. Turkeys, atstlva, '^i^BlKsBfllS'^rblJF.TIlY—Turkey,, drawn, active, Jl cents pound: fries, active, tOc pound; hens.Uc per pound; ducks, dmwu, 'pStiDUcfi^Lard. lie pound; hams ... live lie pound: shoulders nctlve 10Q11C pound: sides active. Uc pound; bnttor dull; lOOinie pound; beeswax active, ftc pound; honey, bright, active,-10c pound; honey la 1-pound blocks nctlve. If He pound. FRUIT*—Lemons, fancy Mesaena, 55.50; hnnanna. 3Hc lb.; pineapples, Florida ntock. none: limes, Florldn stock, per hundred. •1: peanuts In aneks averaging 100 pounds enrh. owing to grade. — ——' *“*•— cantaloupe., slow sale, ona, WielOc each: ileorgls peaches, 51.25® *50 ernte: rhubarb. 75c each. VI'UETARI.KS—Potatoes, new, W.T5 tar- rel: per bushel. 51.40. Onions. Georgia, 51.60 K r bushel: Spanish, 51.60 crate; kraut, half rrcl, 53.75; cabbage, IHc pound. GROCERIES. nir-R—tso 5<r«Hc: head M*7c: fancy head 7«7Hc, according to the grade. CHEESE—Fancy full cream, 17 cents; Georgia cane *yruP_J7 ceatj^ gallon: jalt, 100-pound, 50c: heat' matches per gross, 51.65; macaroni 7c pound; sardines, mn.tsnl, UK css-. IGAIt-Standard grannlated. 5H; New York refined, 4.10; plantation. 5e. COFFEE—Roaated Arbucklea tli; bulk la biga and harrela lie: green nolle. Shredded hlscult «S case; No. 5 rolled oat, 5S:s caw; sack grits, le-pound bags, SUM; Edited by Joseph B, Lively Ur. Lively's twenty-firs years* experience of ed* King market* In Atlanta and tbe Couth has made him a recognised au thority In his specialty. RANGE OF Nf*W YORK STOCKS AND COTTON MARKETS K4MR OF 6T0C1L Amal. Copper. 777. Am. Ice Securities. .. Am. Sugnr ReAnery.. American Smelting. . Am. Locomttve. . . # do. preferred. . . * Am.- Car Foundry. .. American Cotton OU. • Anaconda . Atchison . do. preferred. . . • Atlantic C. Line. . . . Brooklyn Rapid T. . . Baltimore X Ohio. . . Chesapeake & Ohio - Canadian Pacific. . . Chicago & Alton. . . . Consolidated Gas. . .. Central Leather. . .. „ do. preferred. . . . Colorado Fuel & Iron. Corn Produce Colorado Southern. . . Delaware A Hudson. . Denver & Rio Grande. Distillers' Securities. . Erie _ do. preferred. . . . General Electric. . . . Great Western Great Northern pfd. . Illinois Central Interboro do. preferred. . . . Kansas A Texas. . . . 7094 1# J NAMES OF STOCK. Kansas X Texns pfd.. • . . . Louisville A Nashville Missouri PacIAc Mexican Central . New York Central. ...... Northwestern National Lend . Norfolk & Western Northern PacIAc. . Ontario A Western Pennsylvania. ......... PacIAc Mill People's Gas Co . Pressed Steel Chr. ...... Rending Rock Islaud do. preferred . Republic Iron ft Steel. . • . . do. preferred Southern PacIAc. ....... Southern Railway • do. preferred. . ...... 8t. Paul. . Tenu. Coni A Iron. ...... Texns PacIAc . . Union . 4»<-i.lc • • • • U. 8. Rubber do. preferred U. fit. Steel. do. preferred. . ...... Western Union . • . Wabash • . . . do. preferred. ........ Wisconsin Central . do. preferred TIPS FLASHED From Wall Street. & 1 — u — NEW YORK. Tbe following Is tbe range in cotton fo* tares In New York today: i t a li 1 ij Aug Sept Oct. . . . . Nov Dec Jan Feb March. . . May. . . . 11.20 11.27 11.81 itsi 12.03 ir. is 12.22 ira t£S 11.92 12.64 12.14 12.25 11.20 U.f4 11.75 tin 12.01 1109 12.22 11.20 11.36 11.90 &oi 12.12 12.25 1L 23-27 ll.::i : 11.90 UJMB H.01-41 12.12-13 12.14-15 12.21-28 12.31-33 11.23-24 11.34-36 11.89-90 11.92-04 12.00-01 12.09-10 J 12.12-14 12.19 12.27-29 Closed steady. LIVERPOOL. Following Is tbe opening range, 2 p. m. and clora, compared with yesterday’s close. Future* opened quiet ana steady. Opening PrevloM Range. 2 p.m. Close. Close August....... 6.92 -6.89 6.89 Aug.-Sept... 6.79 -6.77 6.77 Sept.-Oct.... 6.6394-6*61 Oct.-Nov.... 6.69 -6.57' Nov.-Dec.... 6.67 -6.54’ Dec.-Jnn.... 6.66 -6.53' Jnn.-Feb.... 6.64 4.62 .... Feb.-March.. 6.55 -6.53 6.53 March-ApHl.. 6.66944.64 6.64 Aprll-Mny 6.5494 &62 Closed barely steady. NEW ORLEANS. The'following Is the range In cotton fo- tures In New Orleans today: 1 ill n 1 II Aug Sept Oct Nor Dec Jan Feb March. . . 12.62 12.19 12li6 p 12.62 12.32 1116 iiio 12.20 ll'.t.J 12.32 12*26 12.34 12.66 12.65 12.31-32 12.28-29 12.26-27 12.33-31 12.15 12.45-46 12. do 12.68-69 12.24-25 12.20-22 12.18-19 12.26-27 12.31-33 12.38-39 Closed steady. - ■ ■ — • NOTES ON GRAIN. Pointers on Provision!. Special to The Georgian. 'From Hayward, Vick & Clark.) vM.vwgo, Aug. 15.—We, had the best cash demand for wheat In Chicago yesterday that we have seen In years, largely for ex port account We believe, around Tw^aent prices, foreigners will take a great deal of wheat, and on any recession would recom mend purchase of December wheat. W e can see no reason for any material break In ^Receipts of oat* are large, bat they are ot wanted. As soon ail tnls movement of ats Is over with we expect higher prices. Chicago Record-HeraId: Direct issue Is taken by tbe Van Dusen-IIarrlngton Com pany of Minneapolis with the official figures given out for the northwest. In a letter Is sued yesterday they say: "The government report for Jaly gave spring wheat condition l 87.2. The report for August gives it as 1.4, or n loss In condition of 7.8. In*our pinion, there has beon sn Improvement In *ae condition of soring wheat sine® July. There Is a marked Improvement In the crops of North Dakota. Barley Is now being har vested there. The first wheat field* will be ready In ten days, and wheat harvest will probably continue until tho middle of Sep tember. The barley harvest Is well advanc ed In South Dakota. Cutting has been done under very favorable weather conditions, nnd the quality should be superior. Wheat harvest has comtnencod and will tie general next week. Minnesota Is n very long state —390 miles from Iowa to Manitoba—nnd what Is ssbl above of North and South Da kota covers conditions In tnls state. Flax es to promise the largest crop ever ..... ed In these states. Oats bnre been unpromising throughout the season. The ex perts hive not !»een able to And the diffi culty, nnd ascribe It to some undiscovered physiological reason. Some oats hart* beeu thrashed nt southern stations, nnd average 19 to 22 ponnds. The first rye shipment are being marketed here, and the quality 1 good. New hay Is coming to market non and Is of high quality." Robert McDougal of tho firm of Knight & McDougnl, New York, said that tho indica tions were thnt If It were uot for the dif ficulties In communicating py telegraph a good export trade In wheat might be doing at present prices via the gulf ports. I!o •ala: "I have the authority for saying so 1 rom having ourselves done something In .hat way, notwithstanding all the obstruc tions In our way. Cnrrying through* the va rious details connected with an expor trans action requires free use of the wires, and I os under existing conditions that can not he had the amount of business of the kind will necessarily be small while tbe wire* are tied up." Broomhnll cabled foreign crop conditions at follows: United Kingdom—Tho cutting of wheat has commenced nnd crop Indications nre un changed. France—Harvesting Is well advanced nnd reports regarding the outlook nre favorable. Offerings ore more liberal. Germany—Weather conditions show some Improvement. Tho quality of rjre la very Irregular. Hungary—The heat Is causing aomo dam age to the corn cron and the yield Is ex pected to be n medium one. Roumnnln—Official Indications polut to a surplus of 12,600,000 bushels of wheat. 8o e deterioration (n the corn crop la noted os a result of drought-' Bulgarin-Tbe first arrivals of now wheat are of excellent quality and indications point to a yield of whent averaging 66 per cent. Italy-Offertngs of new wheat tr® liberal. Russia—Harvesting Indications are fully maintained. The quality of the grain la good, but the movement Is slow. Bnrtlett-Frnsler got tho following from. &1. Louis: "Good big sales of whent hare been made to Tennessee mills Inst twenty four hours, nnd fiour exporters nre report ing liberal acceptances by United King dom." WHEAT OPENED WEAK; CORN ANOJTS FIRM Lower Cables and Min neapolis Curb Main Factors in Wheat. bwn »lr,n Ih.m, ..... . "Alionl -l«ht r-nr. «ro *h. total r«lao of • crop mulor 11000,000 waa onlr *omo 5J00, «l).r»t. Till* your. rtooM tic South prodnn no more limn 11000,000 mil export nn more thnn 7,000.0)0 bnle*. tho mine of the row cotton axportcl will nlnne l>rln» Into thla country much more roll! than the entlr* crop elaht yeara o*o. .whlto nor amrtncotM nmnnfarturra of cotton nooda, mo.t of which la exported. to»ether with the liy- jSJlSrta, will nn the direct remit of th. Sonth'a endeavor bring the aura total of new wealth Into thla country to » very hnndaome dgore.''—Hayward, Mck A Chirk. HAYWARD, VICK & CLARK, COTTON, STOCKS, BOND8, COFFEE, GRAIN AND PROVISIONS. Cnrondelet and Gravier 8ta„ New Orloana. MEMBERS! ... saw Orleana Cotton Exchange. New Orlmna Future Bmkm Aaaochllon, York Cotton Exchange, New Orleana and Chicago Boardo of Trade, Cotton Exchange. New York Coffee ExcGinK». Hiraaton Cotton Exchange. dtaoctate Jtemhera Liverpool Cotton Axa a New York and Chicago Corrrapondenta: J. S. BACHE & CO., AND BARTLETT, FRAZIER A CARRINOTON, PRIVATE WIRE8 TO ALL P0INT8. morning under the Influence of lower cables, a lower Mlnnoapolta curb and continued weakness In New York stocks. There waa a loss of from % to 94 In the dif ferent options at the sturt, and the trading was only moderato and generally local. The tbe output of flour, together with an !m provement In the demand. Corn and oats opened Ann at n slight In creease over yesterday's close, but trading was not extensive. / Provisions were dull and lower. Wheat closed l-8@l-4c higher. Corn waa l-8c better. Oata were up 6-84i> 7-8c and proviHlons wero off fraction ally. Price* were carried downward late on free selling. The bulge during mid- •esalon was on an unconfirmed report from Calgary that the temperature had receded to 38. This not being to the liking of shorts they made a rush to cover and this aeht values up sharply. Wheat had some bearish sentiment fol lowing the panicky condition on the curb last night. Tho Northwest bought wheat all day, adding to their already big long lines. Conditions for the spread of rust were more favorable. Corn and oats acted In sympathy with the price movement of wheat, CHICAGO GRAIN MARKET. WEATHER REPORT. WEATHER CONDITIONS. The states east of the Mississippi are now cover*? ‘ " *“ —*“ tral ov , _ _ lowing In tho wako of the high area Is an area of low pressure whoso center Is In North Dakota while Its trough extends south Into western Texas. Cloudy weather prevails In the Missouri valley, the lake region and the southeast The temperature changes In ths last 24 hours have been small as a rule. The present outlook Is favorable for show- era In his section tonight and Friday. COTTON REGION BULLETIN. Following are the Chicago grain and pro visions quotations for today, compared with yesterday's close: Previous Open. High. Low. Close. Closo. WHEAT- 8694 8494 ^ % 8494 Beptc... Dec.... May.... 859fc CORN- Sept.... 6494 ee.... 61* ay.... 6394 OATS— Sept.... 4494 Dec.... 43 May.... 4494 l’ORK- Sept LAUD— Sept... 8.9794 Oct... 9.0794 HIDES— Sept... 8.6294 Oct... 8.7294 » *614 MH Bit MH 5b HI 8-92H 8.32H 8.0-H ».0!H LIVERPOOL GRAIN MARKET. oyxt.rt, fnli tvvllthl. If cue; light w-tfht 11.10 caw; p-pper, isr lb.; taking powd.r 55 c.; rut Minion, 55 «u«; pink Mlmon, SI S mm; eooon. .chocolate. S3; anuff. l ib. lira. 45c; rout beef. 11.60 eaae; corned beef, h.« caaa; eatattp. 51.40 caae; alren, Nm Oi- leanr. 55c fallen: corn. 30c fallen: Cuba potaib. S3.2MIS.W ««a*; pcnnuU 5c; rota i-ply cotton, lie; aoap, 1LS0SH cam. PROVISIONS. PROVISIONS—Supreme burnt ISHe, bellies 5M12S pound! averafe. *.5fH; fnt buck*. 8.»: Supreme lard, *H-_ Purity compound. *74. l ulltorcla natai. I6r; urj anti ,-itra rlta 8 ’ 4 FLOUR AND GRS'N, PIJJUB-Hlftaat patent, 56 75; Imat pat ent, SB.**; atandard putent‘54.75; kalf pat ent 5L<5; aprlof wheat patent. HM. COBN-Vto f white. 7Jc; choice white. Me; No. f yellow 79c; mixed. 75c; cracked corn "clHCKESl^KEri-FIfty-poiiml aorka 51.00, Fnnla chick fernl[ 52; 1 Ictor feel 51.40. * OATS—Nn. * white. 05c: No. 5 mixed Or: Golden oata Me: whit, clipped tic; fancy *fif*Sfi»l». per ISponnd aaeka. He; 43- pound Meia, 55e; plain, i4 poaud tucks, 52c; **Sa’Y—Timothy, choice larac tale*. 51.40; Choice Itiuill lialee, 51.56: No. 1, one- thlnl tales. 11.30; No. 2, nne thlrd tales, 51.25: choice rralrte. tuoo; Itcmuil.. 51.10. SHOUTS—Choice white 81 65; fancy 5t«; brown (It to 106 noundal. 81.43; bran. 5LK. COTTON SBRu MBAIc-Prime per toa v. No. 2 per ton, 52100; bulla per toa ’ FISH. nsn-Sream 7c pound: enapper l«e pomi't: trn’tt »C rnuti'l: l.lu, fl«U ;<■ I.nuod; pompano. SCc pound: mackerel. 1274c pound; mixed dab. 6c pound; fresh water trout, 5c. THE LIVE STOCK MARKET, Chicago, Aug. 15.—Ho; Market steady; mixed heavy 86.6006.16; llitht aulea 56.0G*fG.35. ta 21,000. - IPt*!_ . . ... be®res 14.36®7.60: cows and heifers ll.Ww 6.40: stackers and feeilers |2.60®4.90; calves $5.25® 7.50. 8heej>—Uecelpta 12,000. Market steady; native and western sheep $3.60®5.90; lambs 15.25® 7.80. THE 8UGAR MARKET. New York. Aug. 16.—The local refined sug ar market today was unchanged; raw mar kets 1116c lower. London beet sugar un changed). CHICAGO CAR LOTS. Wheat.. .. . Corn.. .. .. Oats lings, head., i for tomorrow art at lfcday. Toroor. DISTRICT. Atlanta, p. cloudy. . •Chnttnnoogn, cloudy Columbus, dear. . . Greenville, cloudy., . Grinin, clear •Macon, clear Rome, p. cloudy. . . , •Spartanburg, ralu.. . Toccoq, cloudy. .... „ "•Hinlmura temperature* are for 12-hour perltMl ending at H n. in. this date. ••Received too late. Not included In dls- trlct avernges. CENTRAL STATION. Atlanta. . . Angnsta. . . Charleston. . Mobile. . . . Montgomery. New Orleane. Savannah. Wlimlnii DISTRICT AVERAGE*. ngton, ndicntei recfable ralnfaTF Special to The Georgian. (From Hayward, Vick A Clark.) We do not believe In getting panicky at thla time, but we would advise staying on shore until things dear up. Stocks are a safer purchase much higher wheu confi dence returns than they are now. Bank of England rate raised to 494 per cent. Ws* 4 per cent Wednesday. New York Commerdsl: Some of those more pessimistically Inclined are of tho opinion that the price of copper metal will go to 16c, 4n which case Is asked, can Amal gams ted continue to pay an 8 per cent an nunl dividend? At 16c the probabilities are that It can uot, but the experts are not figuring on anything below 18c for the metal. This Is regarded as cheap enosigb, but It would be quite a drop from 25c. ror some reason or other, the belief la.en tertained In certain quarters that some of the Investment holdings of United States Steel preferred have been coming out%f Inte. The action of this Issue, which sold off when the common rallied, may account for the feeling In the matter. The position of the Brooklyn Rapid Tran sit nnd Interlioruugh-MetropolUan stocks Is not osauring. Weak holdings In both of with the Failure rr .. „ ..... abroad to rally In price haa made traders more bearish thnn ever on Amalgamated. Every now and then big blocks come out and encourage tho lH*nrs to further activity. A leading financial authority soya "tho United States Isn’t going to pieces all nt ®*»ee. Nor la It going to nieces nt all, al though the stock market Is making some ■Wrnvatlngly bad breaas. The Southern Pacific Is earnlni mile now. nnd the Atchison J10,i operate about the same mileage. .At present prices, some stocks yield from 35 to 17 per cent. Rut there are many per sons who are waiting to get them at even lower ratos. They arc not hoggish nt all, but merely human. In the near future they lununnie at mat. It Is said that "scared broken" will an- peal to Mr. Roosevelt. Perhaps ho may ad vise them to put up more margins. Then BREAK IN STOCKS HEAVY 1ST HOUR Decline Extended to Four Per Cent in American Smelting. ..-Hi. 4u« *t-nr oi mner i run Diva In the manufacturing world hns sprend pes simism through the street thnt will likely be reflected today In lower prices for ninny issues. We would, however, call' attention to thg character of buying that went on In l nlon Pacific during yesterday's bear raid; 1 he support wna for insiders, and aa there must bo an lmmeuso short Interest in the stock we look for an early rally similar to Tuesday k The throwing over of Invett- ment holdings; marks the necessities of In- dividual, but the liquidation Is being carried ou in a comparatively orderly manner there Is no present reasou to look for tunl panic. Copper metal nnd foundry Iron prices are on the down trend, evidencing a general let-up In business, which must, however, re- — iiltlmntelv In irood fn efi * ity i 9 lO' dim _____ returns. 'The public buying Insufficient ^to build up before long a foundation for radical Improvement In prices, nnd with prospects for a particularly favorable bank statement Hntunfny nnd rennsurlug words from Secre tary Taft next week, we look for an early turning of tho market. On further breaks today the Hnrrlmnn stocks. Hills, St Paul. Atchison, Reading, tho Steels and Coppers nnd better Issues genera By may be bought for good turns. Brooklyn Rapid Transit Is duo for a sharp rally. On the weak places buy cotton for a turn, but do uot buy tho grains excopt on breaks. THE LONDON 8TOCK MARKET. Anaconda Atchison do, preferred .. Amalgamated Copper Baltimore nud Onlo . Chesapeake nnd Ohio Canadian Pacific .. 4iu, iiirii-rri'ii .. ,, , Illinois Central .. .. .. , Louisville and Nashville , Kansas nnd Texns do. preferred New York Central Rock Southern Pacific t Southern Railway .. .. do, preferred St. Paul Union Pacific United States Steel „ do, preferred Wall,Tli preferred .. .. TRADING VERY ACTIVE At Midday Better Feeling Was Noted—Some Sharp Advances Established. 4 hours ending at 8 a. m., 76th meridian time. 'Remark*. No marked changes of temperature have occurred In the past 24 hours. Rain has fallen In all districts heard from. J. B. M A It BURY, Sect lot) Director. WEATHER FORECAST. the middle Atlantic state* nnd the St. l*nw- rence valley. It has caused fair, cool weath er, in the Inke region nnd In the Ohio val ley, eastward to the Atlantic. Reports from west of the one hundredth meridian nt this hour ore very much scattered, bnt It pears that a depression la moving ak eastward over the Dakotas. Rain has fallen In the last twenty-four hours In tbe south Atlantic states, western Tennessee, along the middle and west gulf coasts and there have been scattered show- era In Texas. Missouri, the Dakotas and the upper lake region. Rain Is probable tonight nnd Friday In the south Atlantic states and scattered showers may fnl* * the east gulf states and Ohio valley, temperature will rise generally from _ northern portion of the Washington portion of the forecast district. Forecast till 8 p. ra. Friday: Virginia: Partly cloudy tonight: warmer _j extreme southwest portion; Friday show ers and warmer In the Interlfhitfrcnh north easterly winds Incoming sou them.* crly. North Carolina: Fair In essteruV^tlon; showers In western portion tonight; Friday showers; northeast winds. South Carolina: Rain tonight and Friday; northeasterly winds. Georgia: Fair tonight, except rain in southeast portion; fresh northeasterly winds. Eastern Florida: Fair tonight} Friday ahowers: light to fresh northeasterly winds. Western Florida nnd Alabama: Fair to- nlgbt; Friday ahowers; light southeast to south winds. • Western Florida and Alabama: Fair to night; Friday showers; light southeast to south winds. Mississippi: Fair tonight and Friday, ex- »pt showers Friday In southeast portion; Ight to fresh southerly winds. Tennessee and Kentucky: Occasional showers late tonight or on Friday, MINING ST0CK8. Boston. Aug. 14.—Opening stocks: Copper nnge 62; Osceola 102; Moliawk 75: Shannon 194; New Haven 160; Butte coalition 1894* ALONZO RICHARDSON & CO. Public Accountants, Auditors and Bank Examiners. Audita, Special Examinations, Costing and Systematizing, EMPIRE BUILDING, ATLANTA, GA. MONEY AND EXCHANGE. N.w York, Aug. I5.-Hon,y on rail 88504. tlnm Iran. Arm at W.'.i fur all |H>rio<li>. , I-O..WI ra,,...' Htrri .ix ■■irhansi. 54.33\itt 4.87U. with nctnnl huali.eaa In l.nnk'T.' hill, at 84.3O00«4.57 fnr d'man.l anil 5l t.JMl4.MV tor alxty-dnjr hllla. I-rlnip mi-rrantlle paper iinrhanewl. London tar .liver 5113-14L1. New 1 liar silver «9He. .Mrxlraa ilollara 55He, LOCAL STOCKS AND BONDS ZW ■Sit (Revised by Hlllyer Investment^ Com] Atlanta A West Tolat R. R. 16094 Atlanta, Birmingham and A.. 19 do, preferred Augusta Factory Central Bank ami Trust Corp. IS) Exposition Cotton 31111s .... 220 Fourth National Bank 210 • Ga. R. R. and Banking Co..,. 240 On. Ry. a ml Electric 80 do, preferred .. Sen hoard Air Line 10 do, preferred 1994 Southwestern 107 Atlanta 4 p. c. bonds, 1933.... 9994 10394 Augusta 4*. 1935 102 Georgia 494s. 1915 coupon 10694 10894 do, 394. 1939, re* 101 — Dixie Cotton Mills 1st mfg. Is. 96 Ga. R. R. and Bkg. Co., 6s.. 102 Seaboard 4a, 1960 6S THE COFFEE MARKET. The following figures give tbs opening inge and close lu th* New York coffee arket for today: Rang*. January 5.80-5.9) February 6.85-5.95 i 83-5.96 906.00 5.90-4.00 5.96-6.00 iWfjs December 'A ”, A’listiis Cloaed steady, tales 4,775 bafs. March April .. May .. . June .. July .. .. August .. September October .s November 6.80- 5.86 5.86-5.90 6.854.90 6.90-5.90 6.964.00 6.004.05 6.004.06 5.754.85 5.754.85 5.80- 5.85 lists New York, Aug. 16.—Today's market broke again Imdl/ at tne opening nnd the greater part of the active list went even lower than their lowest levels of yesterday. But present for execution ami enormous lines of short stock were covered. Under tho rapid absorption from these sources, tho market rallied sharply from the low prices, and, after fluctuating for a time nervously nnd uncertainly, the adrance was resumed lu all directions. By midday the general list waa well up on the day nnd tho ex- citemeut which accompanied tbe liquidation nt the opening had In a large menaurn sub sided. The Isomlon market was completely upset, and losses extending frrom KS194 points were shown In tunny of the leading American stocks. It was the consensus of opinion, however, among local observers that our market lias received strong enough support to offset for the time being at least these unfavorable factors. New York, Aug. 16.—The first prices re corded on the stock mnrkct on the tape showed n decline of 4 points In Smelting. St. Paul opened 194ilower. Rending 1%. Air Brake 1%, Northern Pacific declined 2% In nil, Anaconda 194 In all, New York Ceutrnl Union Pacific open. .. 1,000 shares 294 lower. Pennsylvania declin ed only 94- Amalgamated Copper opened on 2,600 shares at 66, a decline of 394. It sold on 1,600 shares at 67 and sold off to 65. later gaining to 66. At the lower point It was off 494- At the cud of ten minutes' trading Smelt ing milled 2 points; Steel common, which opened on 6,000 shares nt 2994, a decline of %, fell 94 further nnd milled to the opening figure. Kugar opened 294 lower and rallied Cork Central, which openM nt mr-* “ * —*“* Union f*a Baltimore nnd Ohio declined In all 2% nnd rallied 2. »t. Paul recovered 1 per cent, rising a slight fraction above yesterday's finals. Southern Pacific opened off 1$4 and rallied 1 point. Canadian Pacific lost In all 2 po|nts. Northern Pacific lost 294 and ral lied 1H- By the end of fifteen minutes' trading Amalgamated had recovered 3 points from the low point. Illinois was an exception to the general list, rising 294 nt the opening. At the end of twenty minutes' trading tho market was very active nnd Irregular with recoveries lu progress. Closing' bids for the active list of stocks follow: Atchison 84 3-8 do pref 90 Baltimore and Ohio 911-4 Canadian Pacific ...1061-4 Chicago and Northwestern 1411-2 Denver and Rio Grande 22 1-4 do pref 23 1-4 Erie 63 Illinois Central 20 5-8 Jersey Central 129 1-2 Louisville and Nashville 104 7-8 Manhattan 120 Mexican Central 171-4 Missouri Pacific 65 3-4 New York Central ..102 1-2 Pennsylvania 116 1-4 Reading 89 1-2 Rock Island 18 1-4 do pref 42 St. Paul 121 Southern Pacific 82 5-8 Southern Railway 15 7-8 Union Pacific 125 3-S Interboro Metropolitan 901-2 do. pref 27 1-2 Great Western .. ..118 Amalgamated Copper 69 7-8 American Car Foundry.. .. .. 37 1-3 American Locomotive 60 1-2 American Cotton Oil 76 American Smelting 30 1-8 do. pref 94 7-8 Brooklyn Rapid Transit .. .» 94 3-4 Colorado Fuel & Iron 42 1-4 International Paper .. .. .. .. 23 1-2 National Lead 70 Northern Securities 45 3-4 Pacific Mall 24 1-2 People's Gas 84 1-2 United States Steel 31 1-8 do. pref .. .. .. .. 93 1-4 Western Union 76 1-4 GEORGIA RAILWAY AND ELECTRIC COMPANY. Roston, Aug. 16.—Following was the bid nnd asked price on Georgia Railway niul Electric Company today. Asked 83. I're* ferred, 83 nsked. 4% UNION 4°Jc SAVINGS BANK Gould Rulldlna CAPITAL STOCK . . , St00.000.00 ' ' RESOURCES | 0/ 4 /0 S260.000.00 | 4 lO $88,000.00 GOLD BONDS to net investor nearly 6 per cent. Write for circular. J. H. Hilsinan & Co., Atlanta, Ga. ATLANTA NATIONAL BANK ATLANTA. GA C. E. CURRIER, PretldenL H. T. INMAN, Vlc.-Prc.ld.nL — GEO. R. DONOVAN, Ca.hl.r, JAMES 8. FLOYD, AultUnt Chirr. Capital . 8500,000.00 Surplus and Undivided Profits $650,000.00 We Solicit Your Patronage.