Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, August 20, 1907, Image 9

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—I—,— 111 liiii A i xA (VJ i .US AiO/ FUTURES LOWER OK EASIER CABLES Good Demand for January Later Which Steadied List. PRICES WORKED UP Trade Was Very Dull With Prices Slightly Higher at Noon. Xcw York. Aug. 20.—The cotton mnrkct opened lower In sympathy with cables, a *ood demand for January developed from room shorts and operators looking-for I turn in the *“ II _ „ mrket, which erentlnlly ad vanced that option from 12.03 to 12.63. nud steadied up the whole list to within a point or two of last night. NEWS AND GOSSIP of the Fleecy Staple. Special to The Georgian. ' lProm Hayward, Vtck & Clark.) New \ork. Aug. Bartlett. Frazier Carrington: Liverpool was due to co I'll 2 points down. Opened 1 point down. At 12:15 n. m.. 1%®J points down. Spot T points lower; middling 7.24; snles 5,000 bales, nation and export 1,000; American 4,500; up "Everybody who can't get hurt by It Is crnzy for a panic," aalil M. H. Thomas. he can get hurt nro off yachting, Those wnc can go. .— u>u nutomolilllug or In Europe. Panics coiuo from clenr skies; stocks, cotton and wheat ought to be bought now. The disease has run Its course. In iny opinion." Cotton opened a trifle lower on scattered liquidation by commission houses, but the demand for January at 12c chocked the de cline. Market featureless. They are trying hard to put January better this morning,, ns the map shows no rain In Texas. Do not see much In It either way, though It January goes under 12c may have temporary bearish effect. Cotton tinner on baying by Now Orle and by Schlll and Freeman. No news. Following aro 11 a. in. bids. August 11.75 Soptcmlwr 31.23; October 11.80; January 12.03 March 12.13. Do not see much In cotton. £ Interest small, mostly shorts an_ own the contracts. Looks like * cooler weather and rain coming in Texas, and It Is bard to bull anything with Wall stpeet so rotten. Would not buv It. On the Texas weather detail only fifteen out of thirty-live stations report, and at three of these maximum temperature wn 100 ond over, with no rain at auy of tui •,dints higher, due chiefly to expectations of a bullish weekly weather report, to bo Issued ut noon. Promptly at noon the report was Issued and It fully met expectations so for ns Texas, Arkansas and Oklahoma were com centra. Following Is the summary; above normal throughout the cotton rlon, except that nearly normal temperature - II..I .. *1,.. itiita Km! A tlnntin fr'inata prevailed along tho gulf and Atlantic .coasts. The greatest excess was 405 degrees over Arkansas and Oklahoma. The ralnfiill was unevenly distributed over tho cotton region during the week. No rain Is re ported from Oklahoma and no rainfall iu except In two or scarred generally over tho central and eastern portions of the cotton region. More than 2 Inches of rain fell at a few places In southern Louisiana and there were 2 to <1 Inches over western South Carolina and eastern Geoi astern Georgia. Trading continued very dull, following the publication of the weekly weather report, and prices worked stendlly downward, the closing being quiet and steady net un changed to 2 points lower. 8POT COTTON MARKET. Liverpool, barely steady; middling 7.24. Idling 13.25. Galveston, firm; middling 13%. Charleston, nominal: middling 28%. Wilmington, nominal; middling 43%. Baltimore, nominal: tnldd%c 12%. Boston, quiet; middling 12.25. Philadelphia, quiet; middling 13.65. Mobile, quiet; middling 12%. Houston, steady; middling 13%. Cincinnati, nominaL INTERIOR RECEIPT8. HAYWARD, VICK A CLARK'S /, V Iwlt » \/urwu\ w DAILY COTTON LETTER. New Orleans, Aug. 20.-Thls prom aca to bo another harmless day In cotton with not enough fluctuations eten to give ecalpers a chance to boast or complain of good or lmd luck. Stock nows caused a few points change now and then, but tho feeling Is getting pretty blunt toward this kind of In fluence. There was no official weather data from tiie western half of tbo belt and tho „„„ the result that It remained steady but very dull. Oc- toiler stayed between 1120 and 1125 for hours. It la n typical waiting nffnlr. Many valid reasons can be found In favor of no advance, but there Is no leader and llttlo willingness toward active enterprise before tho substantial help from spot cotton has set in. On the other hand, bears are disap pointed over tho little effect of prices by re cent antl-bulllsh developments, but find the risk of storms and frosts too great a one to take so far In advance of their probable oc currence. Texas la always a free seller whcn^tlio crop Is largo In that stato. but tho un- usually good economic conditions of tho farmlug class In the west mnke producers there equally stubborn wheu the crop does uot turn as expected. Texas papers are full of reports that fanners already mnke free use of the ware- housing and banking facilities to hold back their produce. Mr. Taft's opening address Is favorably commented upon and should have a re*s- plnroK reporting. New Orleans. Aug. 20.—Hayward. Vick & Clark: Market opened 305 down. Un decided owing to lack of Information about owing to lack of Information about the weather. 8ome Belling In anticipation of rnin In Texas from the cold wave, but nobody knows anything positive. Map shows generally cloudy In north Tex as. Arkansas: cold wave coming lower down, and will very likely cause rains In Texas. Government weekly report nt 11 a. m. expected to be bullish on Texas, but be lieve market will sell off on prospects of rain In Texas. Dallas. Tex., wires: "We have had no rnin. They sold market down on rain nt Houston. They muat think that section raise* the major part of Texas cotton. Tho beat sections of the state have suffered the most. the „W crop practically burnt up. In others tho plant Is small and weak, and Is shedding nil fruit, and the crop being a month late, an average frost will mean a disaster." GOVERNMENT WEEKLY REPORT ON WEATHER. Alabama: The mean temperature was slightly almre normal. There, was abun dant sunshine, the rainfall was unevenly In scattered districts, but deficient In mauy middle and uorthwestern counties. The rainfall was mostly from thunderstorms, which caused high winds and hall In some places. latter part. The annshlue was ample. i no marked changes. There was shine. Scattered showers occurred dally, but were most nuiuomu* <*n the 14th and 15th. The rainfall wns below normal else where, the amounts being excessive In northeastern districts. Tennessee: The temperature Averaged 2 degrees above normal. The rainfall was generally below normal. Scattered showers occurred on tavern! days, and were heavy In n few Instances. The weather was generally, portly cloudy, and tho sunshloo nearly normal. Texas: Beneficial showers occurred on several days In the coast and Interior coun ties. The rainfall exceeded normal In tho middle const and several ndjolnlng Interior ...... V.. ...In I I .. .. I counties. . No rnin fell In n large number southwestern, western, northwestern and northern counties. The temperature wns above normal, except nlong the const, whore It wns normal. The sunshine was abundant. Bain It* needed in many locnll ties, hut conditions were generally more favorable than during tho previous week. Louisiana: The mean temperature was X to 2 degrees above normal. The weather with scatter* IflioteBHBI iS The Insinuations as to government control oufldence with Itound to relnstato to show general cL the territories and Arkansas. The cold wave has moved further south and prospects foi cooler weather and some rain In the north- western and northern belt h*Te Increased accordingly, which may affect trading nftci the publication of the weekly weather sum mary. which Is expected bullish on Texas *•••••/. nuitu ii ami Arkausas. ACTIVE WEEK EXPECTED; FULL 8HOWING DRES8 GOODS. The New York Commercial: Preparation* n the Jobbing bouses for an active week have been completed and the fuller show* I mg of cotton dress goods, woolen dress goods and silks are now available. The store trade in the New York Jobbing bouses I* heavy and nil visitors express the belief thst the retail trade for fall and winter "IU reach record proportions. In the whple* ■tate that their lines are in such a sold-up condition that little remains to he done In order to keep mills busily engnged. The desire to book extensive forward orders Is not strong and there are nnmerons Instances cited where mills have declined to accept rurther business on brown cottons, colored cottons or fancies at anything other than at mine basis. The silk trade Is qnlet ns compared to an earlier period In tho month, nut there Is still a demand for staples In broad silks, and In all lines of silk ribltons importers and handlers of domestic products report steady trading. The showing of fur- ‘“•r lines or dress goods for the spring of 1518 In the njrencles In this city has directed Jobbers and cutters-nil are reported — not only shopping but placing order*. They incline to fancy wonted* and sheer fabrics chiffon broadcloths and plain panamas. In ffolft period ns Initial order* f-iacoi] for spring and very little duplicate bualneaa Is coming In on 1507 heavyweight*, i Printer* After Narrow Coeds. „ I Tho sun shine was nearly normal in the southern portion and above tbo normal In tbo north* ern portion. Arkansas: Mtaalnfr. Mississippi: The mean temperature was 2 degrees above normal. The rainfall wns ample In tho southern and extreme north* western and decidedly deficient In tho mid dle and northern counties, where tho drought is becoming serious. The sun shine wns normal In the southern portion and much ahovo normal algewliera. North Carolina; The temperature wns about normal. H:i!n Is much needed. The precipitation was below the normal, ex cept In aoutbaostern and some western counties, where It was normnl. Tho week was partly cloudy and the sunshine wns below normnl, which was beneficial on ac count of . dry weather. Oklahoma and Indian Territory; not, dear weather and dry southerly winds con* tlnue. Th# mean t»nip«T:itur.- wns decided- ly above normal. The percentage of sun shine was dose to 105, 8howers occurred over small, scattered areas In south central and eastern counties, hut the rainfall wns too light to be of material benefit. Tho drought Is general and has resulted much damage. South Carolina: Daring the forepart of tho week there wns normal sunshine, but the latter part wns generally cloudy. Tlio Edited by Joseph B. Lively MARKETS Mr. Lively** tweoty-flr* years* experience of ed iting markets fa Atlaata and the South has made bits a reopgnUed au thority In bis specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS samp: OP STOCK- Amal. Copper. . . . . Am. Ice Securities. . , Am. Sugar Refinery. , American Smelting. , Am. Locomttvp. . . . do. preferred. . . i Am. Car Foundry. American Cotton Oil.» Anaconda. Atchison. ...... » do. ^referred. . . . Atlantia C. Lino. . , . Brooklyn Rapid T. . . Canadian Tncfflc. Chicago A Alton. Consolidated Gas. Central Leather, do. preferred. Colorado'Fuel & Iron. Corn Produce. . . - Colorado Southern. Delaware & Hudson. . Denver & ltlo Grande. Distillers' Securities.. Brfs.\ . _ do. preferred. . . , General Elootric. . . , Great Western. . . . Great Northern pfd. Illinois Central. , Interboro. . . . do. preferred. 7;;-, Kansas & Texas. 69% .T; tini (g joiii qd NAME OP STOCK. Kansas X Texas pfd. . Louisville A NashvlUt. Missouri Pacific. ... Mexican Central. . • . New York Central. • . , Norfolk A Western. , Northern Pacific, . . * Ontario ,v Waatarn. . Pennsylvania Pacific Moll People's Gas Co. Pn-SM-.J Sfri-1 Car. . . -Beading Bock Uland do. preferred. . . . Republic Iron A Steel. do. preferred. . . . Southern Pacific. . , , Southern Railway. , , 6P,*i or 104% I 1.14 do. St Paul Tenu. Coal A Iron. Tex ii 8 Pa el fie. . . . Union Pacific. . . • TJ. 8. Rubber. . . . do. preferred, . U. S'. Steel. . . ..• do. preferred. . Western Union. Wabash do. preferred. 93% uni OH S3 TIPS FLASHED From Wall Street. fatal stock sabs M,t6o shares. NEW YORK. turea in New York todays A -: lg.. . Sept.. Oct., . Nov.. . Dec.. . Jan.. . Feb.. . March. May I a * 1 * Si t ii 1 ° 5 1 3 33> 0 i i2.66iV.90 1 12.10.12.u0 12.10 12.14) cioted qnlet and steady. 11.79-K) 11.84-85 11.94-55 12.03-01 12.06-07 12.11-12 12.19-20 11.22- 24 ii.m n 11.8446 11.9446 12.04-05 12.07-09 12.12-14 12.22- 22 LIVERPOOL. Futures opened quiet and steady. Opening Previous Range. 3 p.m. Close. Close August 6.87 -6.86% 6-|»% Aug-Sept..,. 6.75 -6.76 6.74% * ~ * 6.5SH-6.60 6.58 6.58 4.56 6.54 6.53 4.53% 6.63 6.51%4.61 6.51 6.61 -6.50% 6.50 W 8ept.*Oct. Oet.-Nov... Nov.-Dec... Dec.-Jan..., Jan.-Feb..., Feb.-March.. Mar.-April... 6.53 4.53 April-May... 6.54 4.53% 6,53% 6.54 Closed steady. NEW ORLEANS. The following f* the range la eottoa fa tore* la New Orleans today: i i K ii i H Aug 1 fiopt 12.58 Oct. , . . .12.21 Nor.. • • Dec.. . . .1116 Jan.. . .12.26 Feb.. . . . March. . .1 12.M UJ Hit 12.3h lii'r.s Si ib'.ir. 1122 ib’f.s 12.23 12. ii i2.r» 12.65-fe 12.5646 12.23 24 12.18-20 -• 17 1‘ 12.24-25 12.27-29 12.3546 Wcj 12.59-60 12.25-26 12.21-23 12.19-20 S m 1 12.31-33 12.38-39 Closed steady. NOTES ON GRAIN. Pointers on Proviiiona. Special to The Georgian. (From Ilnyward, Vick A Clark.) ..... __.nk we have seen bottom wheat ond that it Is a purchase round these prices. Corn suplles muat increase soon, or wo will see nn advance. „ „ . Temperature nt Huron, S. Dak., 42. and r<-mj"-r;i tur»- :.t llurmi. > l» k.. :in-i _ at Moorehend. Minn. This will probably cause some apprehension nbout frosts. *i Cold weather In northwest and higher cables cause of firm fooling In wheat. Somo selling on the advance by local crowd, and scattered longs cheek ndvance. „ ...HL 'to be not enough wheat to go nfonnd to one where there Is more wheat for the present than buyers. Tho shortage In the crop, which was expect, ed to be 125,000,000 to 150.000.000 bushels by this time. Is still 100.000.000 In tho ng- jfregnte, based on the irovefnment ssued last week, which shows 08,000,000 WHEAT WAS FIRM IN EARLY SESSION Opening Advance Was Met by Selling by the Pit Crowd. 8T. LOUIS CASH QUOTATIONS. Wheat—No. 3 red winter . * < Til - No. 2 Oats—No. 2 ..84 085% ..54 ..45 Chicago, Aug. 20.—The wheat mnrket showed firmness at the start on higher Liv erpool cables nud lower temperatures ushols. .*«■ JL ■„ Northwest* -There was a rush to buy at There la a !&„9?*}3rSL*S8*4Ll! th. opnilujr, l,nt the advance Wat met with - —- 1, mi.- uiM'iuiiKf **ui me uuvnucu was nwi nuu corn.. Stocks, are light and tba cash> trn 1 selling by the pit crowd. Commission HlB'iJSSSl hou8t *« were °n both Bides of the market. Is fair. Receipts ore be no large raoreme— —-— through with harvesting and are with the crop prospects. Corn la tha only crop loft for the crop killers to work on. if they are busy west of the Missouri ..... U' rains'and lower temperatures oro" needed nt once to check the deteriora tion of tho crop. ATLANTA MARKETS. FRUIT AND PRODUCE. EGGS'—Active. 21c. LIVE POULTRY—Hens, active, 35037%c: chickens (fresh), 15030c. Duck* (PaMn), 10c each: pwldlc, 23c each. Turkeys, active, active, 18 cents pound; fries, active, 20c pound; hens,15c per pound; ducks, drawn, “pHoDlfcE-Lard, 32c pound: hams ac tive 16c pound; shoulder! active 100Ilf Jpliatlon was excessive In rated localities and tbo averago was above normal. COTTON MARKET AWAITING; FAIRLY STEADY AFFAIR. New Orleans. Ang.,25.—The Tlmes*Demo* rat says: "While Tactofs separate and erat sayai —.. ... apart from the influence at work In Wall atroot have sustained cotton values, the ef- ■IPMOTPHHVlnnff aide, while the prospect of a restricted yield In the weat-i ern aeetlon robs short selling of Its usual attractions on the eve of a new crop move ment. Meanwhile receipts of new cotton at Houston total onlr 7,831 bales so far. a* against 36,726 to the corresponding date last year, and well-informed apot people say that of the new cotton cornlng^nfop * * ‘ In the receipts nt Houston nnf s!.-M prices. The drought in south Texas has apparently broken, hut not so In central Texas."—Ilaywnrd, Vick A Clark. firm and price* are at a lerol that wonld not ordinarily Induce free buying by print ers. It la reported by cotton goo.Is brokers sad Bi “ “ “■ "*■ enta that they putting through order for narrow goods In regulars odd counts. Special attention Is also being paid to the wide goods by converters who I . 1 I ... I..II.. nonnil: slilw Active, lie pound; bntter Soft loai2V4c ponnd; b-eiwax active, to ponodl honor, brlffit, nctlvc, 10c pound; honcr In 1-pound Mocks active, 12V40 pound. FBCIT8—Lomon*, f,ncr I.® bananas. Stic lb.; ntnonpplcs, Florida atork, none: llmca, Florida atock. per hundred, 75c; pennnta In ancka orcrnnlnit IOO not Mien, owlnff to grade, per pound. Gti' enntnlnmioa, alow ante, 7&c ernte^ water u-ntvim*. ret: per bnihel, 11.«. Onlona. Georgia, »I.M per bnehel: Hpnnlah. W.M crate; *rpnt, half barrel, 13.76; cabbage, Stic pound. GROCERIES. niPE-Jap 6B6V4C! bead MTet finer held rflTWc, according to the grade. ClIRnsK—Fancy fvdl cream. - IT cents; Georgia cane ayrop 37 cents gallon; salt, 100*pound. 60c: axl- greaw tLTI; aoda erach era. 6Hc ponnd: lemon. Sc: oyster. 7e; bar- ret rnndv. per rioood, •'i-: mlied. par 8-ponnd. Mg: tomatnea. f.^onnd.^ 12.00 ^eaae navy beans. 32.36; Uma beans -•hca per gross, 31.65; macaroni ponnd: sardines, mnatard. 1125 ease. I’OAIt-Rtandart grannUted. 6Vi; hew ban and' barrel, lie: green 11012c Phredded blacntt 15 ca«»: No 1 rolled oat, n.JR ea,«: sack grit*, oo-pound hag,. 3|.«: (watera. fnli weight. 32 caa»: tight weight iLo care: pepner, ISc lb.: baking powder 35 case; red salmon. 15 cc.«c; pink aatmon. 34.25 coeon. <nc: cbooolnte. 83; anuff. 1-lh. lara. 43c: ronat beef. 3*M care -corned hut. 12 60 coae: eotann. 31.90 caao; alrup. Now Or- leana 35c gallon: corn. J0o gallon: Cnh.1 ib. 3c: rota 1 plr cot too. iso. .osp. 31 ao@4 caao PROVISIONS. rROVISIGNS-h'iiprcnic hams 15Vjc. belli-, ponnd, nvernge. 9.96: fat backs. 9.-7; Supreme lard. 8V_ I’nrlty compound, 87i. Stinrcmc lard, y,- rani/ lum^aara, s;,. California bama, 10c; dry anil extra riba I hare ordered, high fount fnh/lfs for dnllv Although tho market «>n print cloths If In meeting buyers. They appear to be ready to go still r In their purchasing although they HR „t present asktng for %e concession from tho market rrlcps. At tho mills are sold ahead there Is no baste being shown HAYWARD, VICK & CLARK, COTTON, 8TOCKS, BONDS, COFFEE, GRAIN AND PROVISIONS. Carondolot ,nd Graviar St*., Now Orlaan*. MEMBERS! New Orleans Future Rrokers' Association, New Orleans ami Chicago Boards of Trade, New York Coffee Lxchange. Associate Members Liverpool Cotton Ass a i Chicago Correspondents: J. 8. BACHE A CO., AND BARTLETT, FRAZIER A CARRINGTON, PRIVATE WIRES TO ALL POINTS. Few. Orleans Cotton Exchange, f'ew York Cotton Exchange, G*!rss«9« Cotton Exchange. Houston Cotton Exchange. York FLOUR AND GRAIN. FLOUIt— Highest, patent, J5.75; best pat ent 13.25: Standard patent 14.75; half pat ent 14.65; spring wheat patent. 16.00. CORN—No 2 white. 7?c; choice white, 80c,* Na 2 yellow^ 77c; mixed, 76c; cracked corn **CHICKfbf FEED—Flftv-ponnd sacks ft.00. Punta chick fee*!. 22.00; Victor fired. IL80i OATH—No. 2 white. Ce; No. 3 mixed. 65c; Gohlen oc.ts, 62c; white clipped, 68c; fancy per 96-pound racks. 71c; 4S- ponnd racks, 72c; plain 21-poand racks, 80c; f 7?AY—‘Timothy, choice Inrce Mice, fi.afij do. choice small bales, $1.30; No. 1, one- third bales. $1.20; No. 2. one-third bales. i!s), SLiO: brand. $1.36. COTTON SEED 51EAir— Prime per ton, $26 50; No. 2 per ton, $21.00; bulls per too. 1115a FISH. FISH—Bream 7c pound: ensnper 10c Kind; tro“t 8c pound: bine fl«h Tc pouad; pompnno. 20c pound: mackerel. 12%c pound; nesota. Liverpool came U . Wheat and corn each closed 10llic high er for the day. Oats were up l%01Ti' and provisions wore fractionally better. CHICAGO GRAIN MARKET. Following aro the Chicago grain and pro visions quotations for today, compared with yesterday's close: Previous Open. High. Low. Close. Close. WIIEAT- 8ept.... 85% 87 85% 86% 83% Dec.... 91% 92% 90% 42 90% May.... 97% 98% 96% 08 91 COBN- Sept.... Dec. May ... OATS— ■ Sept.... 46% ±11 56% DWmx. May.... 46% PORK- 64£ 4614 46«? m 48% 15.80 15.70 15.75 15.70 Oct,.. 8.95 BIDS— Sept... 8.50 LIVERPOOL GRAIN. . b if her. Corn opened % higher and at 1:90 p. m. % higher. MINING 8TOCK8. _ ston. Aug. 20.—Opening; Copper Romro ill; juchlgnn 11%; Greene Cananen 12%; Bingham 11%; New Haven 160; Quincy 96; North Hutto Trinity 16%. LIVE 8T0CK MARKET. Chicago. Aug. 20.—Hogs— Receipt* 14.000. Mnrket 10c lower; mixed and hatchers 95.86 d heary $5.8506.10; rough heavy ... light 25.8008.30; plga $5.6506; >ulk of Mies $5.7008. Cattle— Hecelpts 5,600. Market steady; . ILMO beeves 24.2007.40; cows and heifers a-i-» t'B i — 25; stockera and f«*ederK $.vcv,4 >, ; Texnn-i 075; calves 25.250 wcat.rna 34.30G6. CHICAGO CAR LOTS. WEATHER REPORT. WEATHER CONDITIONS. An nren of high pressure, centered thl. An arm or hleli preasnre, centered morning In tho Dakotas, Is moving in the northwest and Is cansing general falls In temncrntiires of from 10 to 26 desroes In th* Dakotas, Minnesota, northern Mlohlmn, low., Nehraska, Kansas and western SllB- •ourl The ndrnnee of this htch area has eansed rs ns In Kansas, Mlasonri and north- ern Illinois. Over the northonstern portion of the map tho pressure 1ms decreased rap idly, whllo In the aontb but little change has occurred In either pressure or tempera ture. and bat little rain ha. fallen eiccpl on or near the coast. Th* conditions favor fair weather In this section tonight; probably scattered showers ucunesday; not so warm. COTTON REGION BULLETIN. meridian time, August STATIONS ATLANTA DISTRICT. Atlanta, clear. xxi nnttnnoogn. . < 'ohlinbus, cloijily. xxGaincsvIlle. . . Greenville, clear. • xxUriffin ntlcello, cloudy. . . xxNewnan Homo, clear Toccoa, clear. ..... xxWest Point -.Minimum temperatures nre ... p«ritn ending at S n. iu. this date. » M tt labour Not Included In dls- HEAVY RAINFALfsR New York, Aug. 20.—Bartlett, Frnr.ler A Carrington: The president has amended his speech to thlH effect: "I promise to act with the mlnlmumix compatible with meeting our ends, to n tect stockholders and corporations In their rights, that the decline lu English rnllroa stockc ns well ns our own shows * causes for such nre not local, also hell in general dividends for capital." This should have a bullish effect on market. ..?iJ b * trra * UI 7 ha* transferred for banks 275,000 currency to New Orleans. London, 12:30 p. m.—Market opened weak SUd fractionally lower, decline extending to % In Baltimore and Ohio, Canadian Pacific and Union Pacific.* Comment has been made on tho fact that. In spite of the great decline In stocks In the last fow weeks, representing n loss, on paper, of something like $3,000,000,000. there have been no failures of consequence in the Wall street district, in the "had times" or 1903 noveral houses went down, many of which were supposed to be, and were so re garded ns. sound and trustworthy. The rea son for this Is that tho houses In this dis trict have left speculaflou to their custo mers and have been doing none of It them, •elves. Failures, more than anything else, tend to shake confidence, and had there been a few during the recent slump tho ro •Pit would have been most disastrous. Town Topics: Secretary Taft's speech doen not afford much consolation to those who hoped that tho Administration might feel Impelled to cry quits in Its warfare on the corporations accused In former days of infractions of the Interstate commerce, anti tr»«t and other laws that under other We look for an aggress!ro attempt by t hears today to bring nbout new low lev all around. While tomorrow's remarks by the president may he accepted with more f< !L v0 . r, . tIlPr ^ needs to bo no doubt that the administration's warfare on the .Standard the on do not look and 'Important Influence overtakes the situation. We look for considerable unset tlement today and would not advise pur chose of any stocks except on breaks and grains on account of business reaction. THE COFFEE MARKET. market for ’today: Opening February March .. , tc. Bmii-i- .. ,.6.75-0.80 .. ..5.75-5.85 5.854.90 Clore. 6.754.80 6.804.85 6.854.90 ..6.« If $.*4.00 *1 U, Y August 6.65 5.70 bepteniber 4.704,76 October .. 6.634 75 November 6.6T, December .. £75-8.W Closed steady. 5.904.16 6.904.00 6.964.00 6.604.661 I.MM 7..70 6.654.70 6,704.75 THE LONDON 3T0CK MARKET. Anaconda Atchison .. .. .. do, preferred .. .. .. " ' Amalgamated Copper .. . Baltimore and Ohio Chesapeake and Ohio .... Canadian Pacific Erie .. J * | ool preferred »,*,, ,, **. !! lllnofs Central ,. t# •pulsvlllo and Nashville Kansas and Texas do, preferred New York Central .. .. ,, . Northern Pacific Penns\ ImuiIh Ontario and Western , Norfolk nn/1 Western !. **..* Philadelphia and Bending .. Sollt HTH I *: 11 ■ f ft.* Southern Pacific Railway',.'' St. l*aDi2PfPf[ jJnion Pacific United Hthteg Steel .. „ „ FLORIDA ORANGE OUTLOOKi CONDITION OF APPLE CROP. STOCKS AT OPENING WERE IRREGULAR Reading Lost Over a Point. Gains Were All Frac tional. A RALLY FOLLOWED Union Pacific and Amalga mated Were Under Pres sure Earlv. New York. Aug. 2d—For the first hour and n half of today's session the stock mar ket wns Heemlugly weak. Conflicting view* were held regarding Secretary Taft's speech ln*t evening, but tbo goii4-rnl Impres sion In financial circles was that, while n«»t ns extremely radical ns the well known sentiments of the chief executive, there wns nothing lu them to lessen the uncer tainty among security holders. I'rtCl** ac cordingly went down very generally In tlu» enr!> 41 • •. I i i 11 - uml - of l tu j points made 7n the lending issue mite t a rent, ho It bits been did net originate so much with actual liquid tlon ns with selling for the short account. As the forenoon went on these ovhleiwe* ..f mi «i v, ■ r I I'midl t i - *n 1 . . a ;m- mole pin In and when the report of tho preside peech began to appear on the news tleker le market promptly started- In to recover. The theory on which this upward move ment v,:is '.,1-. I will I.f <•( iitm' that the news" wrs nil "Ml nud tint any ad verse effect upon tbo market had been fully discounted. New TorL Aug. 20.—The stock market opened Irregular. The prices showed Amalgamated up %, Smelting and New York Central % higher and Erie and Anaconda p %. Rending lost 1%. fit. 1'nul opened Ii lower and Southern Pacific % lower, 'olorndo Fuel lost In all %. Union Pacific was up 1%. loet %. then rallied %; Brook lyn Rapid Transit opened % lower and ral- if;?. %; Great Northern’ preferred bp % lower. At the end of ten minutes' trading, tin Bl under pressure. Closing bids for the active list of stocks follow: (.'losing bids. Atchison 85 do.preferred 89 Baltimore and Ohio 89 Chicago and Northwestern ...164 3-8 Erie 142 3-8 Manhattan 21 7-8 Mexican Central ... ... ... ... 25 1-4 New York Central 21 Pennsylvania ... ..132 Rending ... ... ... 105 1-2 Rock Island 118 Southern Pacific 66 7-8 Southern Railway .. ... ... ...104 1-2 Union Pacific 117 Wisconsin Central Interboro Metropolitan ... ib* preferred American Car Foundry ... American Locomotive .. ... American Tobacco ... ... American Cotton Oil ... ... American Smelting do preferred ... Brooklyn Rapid Transit ... Colorado Fuel and Iron ... Pac ific Mall Peoplo's Gas Sugar ... ... Sloss-Shefilcld Steel ... ... do preferred Western Union ... ... ... Mackey t'ompuny Vlrglnla-Carollna Chemical. 89 7-8 18 41 1-8 37 1-2 51 1-4 23 3-4 68 44 3-8 .112 1-2 . 46 1-2 . 31 3-4 . 75 1-2 . 60 1-2 20 MONEY AND EXCHANGE. time day ’osteal rates: Sterling exchange $4.8304,88 ith actual business* in bankers' Mils st $4.87t>i for demand and $!.S3)04.S3(K> for sixty-day bills. Prime mrreuutlle pner unchanged. DISTRICT AVERAOEfi. Atlanta. . . Augusta. . • Charleston. . Gnlreston. . . xxLIttle Hock. xiMemphls. Mobile. . , . ; Montgomery. New Orleans.. xxOklnhorna. Savannah. . xx Vicksburg, Wilmington; IT. Ipdlcatre cates yesterday. w m.. 75th meridian time. XX Missing. Sppn, _____ - - for 24 hours ending at 8 a. 'is rnlitfrill. .ii •F.T'r ns heard from. The hear lest rainfall has been In the Mobile and 8a rannnh districts, where It averaged about »* Imli. J. B. MARDURY. Section Director. WEATHER FORECA8T. and estimated receipts for tomorrow are ns NBren m , Today. Tomor. Wheat 4*1 1S3 Corn 192 68 Oats 861 104 lloga, bead 14000 20000 COTTON 8EED OIL MARKET. _ market. Opening. August, 61 \'a'A fieptemhtr 51%052J1 49«i049H November. . • • * • 41%64l% December 28%039W January. . ... - o . t . 28 038* — . — ban ’ViyZ: 49U0494; Closed steady. Bale* 2,200 barrels. 41%0414i HAVE A REAL VACATION and read Tho Georgian and News tvary day whila *way. 8ent tverywhere 45 cents a month, 10 cent* a week. Phone 4928 or write circulation department, The Georgian and New*. No troubla change address. Washington, Ang. 20.—Weather conditions nd general forocaat: The western area of high pressure has advanced to the middle Mississippi valley with decidedly cooler weather over the Da kotas, Minnesota, Iowa, Nebraska. Kansas, Missouri and the upper lake region. The eastern high preasnre la passing off to nea over the middle Atlantic const. Pressure between the two high pressures Is relatively low. Usln has set In over Virginia, the District of Columbia nnd southern New Jersey; elsewhere the weath er Is generally fair, except over a narrow sone stretching south westward from Lake Huron to eastern Kansas and northern Ar- PH. Jona point to shower* In tho lower lake region tonight and In the mlddlu Atlantic states tonight and Wednesday. Hhowera are also probable Wednesday In the east gulf and south Atlantic states. Cooler weather la probable tonight In the Ohio valley nud lower lake region, and on Wednesday In Atlantic const districts north of the Carolina a. « Forecast until 8 p. m/Wednesday: flmktt! Cloudy, poflgmy Mcsmoual rain tonight nnd Wednesday; cooler Wed- nesday; variable winds, mostly northeaster- ly, fiouth Carolina: Fair tonight and proba- ly Wedneaday: light variable winds. Georgia and Easters Florida: Fair to night; Wednesday scattered showers nnd thunderstorms; light variable winds. Western Florid* and Alabama: Partly cloudy; possibly showers late tonight or Wednesday:-cooler Wedneaday In north- ___ Alabama; light variable winds. Mississippi: Fair tonight exeent showers ond cooler In northern portion; Wednesday showers a ml cooler In southern portion; Mr opinion Is that this price Is too high and will not hold. I Might not to ray this because we hnve considerable fruit to sell, hut I ntn giving you my honest opinion. lee fast “* fifi to $1.60. The average price last year was $1.5o, fOUM fruit selling up to $1.60.* J. K. Snell, another orange grower, whoso headquarters nre In Ozonn, nnd who ship ped tomatoes nnd pineapples heavily the past season, was on the atreet. lie soya the orange crop of Florida thl s. and that while running to ip lien*, like Ibe Orlando district, will have lots of fruit, other nlaces will be lighter ■’Fff' than n year ago. "From fit Petersburg Largo, for Instance,'' said Mr. Snell, "thi., la net much of a crop, although this section is not much or a crop, although this sectloi last year had a big yield. Above Largo understand the showing Is fine." The American Apple Growers' Congress estimate of tho apple crop this season; P. C. P. C. Normal Crop. lehlgan 00 __ls*ouri 6 New York. ...... 60 Iowa, . • • 20 Illinois. 10 Arkansas. , , 60 Colorado. 29 New Mexico. 6 Kansas. Nel Mexican dollars 62%c. **' * )ow ’ °* Phillips & ]) 0 w .London bar silver' ' e heavy orange packers ond shippers of n/ New Vork ,,nr h, I rpr *H C - lando. Fla.. ,u |„ ffn, Vork ,„' t ‘. e "; Rerardlng the outlook for tho orange cron v * ™ BO ! Mon * 1Ir * I,ow * Q| d to the New lone Tacker; ”1 enn not speak authentically regarding any other part of tho state, although I do hear that the crop runs In spots, but I can sny of the Orlando section that we are fi olng to have a record-breaking crop. I ho ove rills year we will ace the banner yield. There Is considerable trading being done now In oranges, ond I understand the sell “■*# pettlnj •Inb'ii Is line nt 315 16.1, AGRICULTURISTS MEET ON THURSDAY The annual meeting of the stnte Agricultural Society will be held In Carrollton on next Thursday, and the event Is expected to be the occasion of a ‘great public gathering and barbecue. It Jiad been Governor Smith's inten tion to go to thl* meeting and deliver an address, but Important busInecH of his office. Incident to the closing of the legislature, nnd signing bills, will mnke It Impossible for him to go. The meeting will be a very Impor tant one. A great deni of Important business will come up, nnd officers fur the ensuing year are to be elected. 4% UNION 4% SAVINGS BANK Could Building CAPITAL STOCK . . . $100,000.00 _ ebraskl. . . . Virginia. . . . Indiana. . . . . Went Virginia. ■ n Ohio. New England. . PauaaylranU. • Kentucky. . . . . $88,000.00 GOLD BONDS mixed fish. 5c pound; fresh water trout, 5c ALONZO RICHARDSON & CO. Public Accountants, Auditors and Bank Examiners. Audits. Special Examinations, Coating and Systematizing, empire: buil-dino, Atlanta, ga 'enneasee: Showers tonight; cooler In western portion; Wedursday showers; cool er In eastern portion. Kentucky: Showers this afternoon or to night nnd cooler; Wednesday fair and cooler In eastern portion. to net investor nearly 6 per cent. Write for circular. J. H. Hilsmau & Co., Atlanta, ML ATLANTA NATIONAL BANK ATLANTA. GA C. K. CURRIER, Pr.ild.nl. H. T. INMAN, VIc-PrMldwit GEO. R. DONOVAN, Cuhlar. JAMES 8. FLOYO, A*,l*t»nt CmMw, Capital . $500,000.00 Burplus and Undivided Profits $650,000.00 We Solicit Your Patronage. -