Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, August 24, 1907, Image 15

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THE ATLANTA GEORGIAN AND NEWS. SATURDAY. AUGUST 24, 1307. 15 T MS VERY STEADY Itoo Much Rain in the At- lantics—Texas is Too Dry. IsPOT COTTON STRONG NEWS AND GOSSIP of the Fleecy Staple iFutures More Active Sat urday—Undertone Finn Gain 10 to 12 Points. Sew York, Aug. 24.—The cotton market I,pencil nctlre and higher In sympathy with |(be strong cnblea, whim reflected continued Ibad crop reporta and ahort covering. Wall litreet nnd local apot Interests were early laellera of winter montha on the bulge, bnt I commission houses as a rule had good buy. |ln| orders. Cotton futures held very steady Sat lurday and considerable activity and ■strength prevailed during the entire ■session. Liverpool at the close was Isharplv better than expected, resulting slight opening advance. The ad- _.„..oe later was influenced by excessive I rains In sections of the Atlantic states, ■complaints being received of damage to ■the crop, a continuance of the drought Ifn Texas, where It Is claimed that the ■crop Is In bad shape, and the high price Ibeing paid for spot for early receipts, Il41-4c being paid for sixteen bales ■averaging strict middling In New Or leans Saturday. I During the past week there has been la lot of bear talk by the Insiders, but Ithe public did not take the bait, thus ■leaving the professionals In full charge lot the market, which does not decline ■under professional selling. I The close Saturday was very steady ■act Id to 12 points higher as compared |wlth Friday's closing figures. Visible supply statement: This Last Last Week. Week. Year. Total visible supply , .2,^8,517 2,547,177 1,875,757 American . . 1.00,617 1,517,177 843,757 Spinners’ takings for the week about lie,000, against about 114,000 last year. Special to The Georgian. v„J F v°2 J r "'«A Vick A Clark.) , ,^ ng - 24.—Bartlett, Frasier * r* r /W°. n> Liverpool wax due to com« 3ft to 4 poll]it* tip, opened steady 4 to 5 point# A 1 12; J8 P. m. wax very steady at 6 to 7 , 8 P ot 8 Point! higher at e.??r 8a,fi . 6,000 A tie rl can 5,500: §pec- Amerlen n u na export 1 * 000 ' receipt* 2&0, all v#r * v a moderate nd* ranee, due to !trenith In Liverpool nnd iiiwuce of rain* in Texaa again this morn* L 1 }®: *be temper look! to favsr somewhat higher prices. Pollowln*-i* the statistical position of cotton on FHdsy. August 22, as made up by the New York Financial Chronicle: Chronicle TUIa Last Last Week. Year. 2.537.208 1.874.932 1.608.208 842,932 62.265 92,929 13.396.434 11.152,689 9.689.351 7.833,369 6,661,988 213.012 143.012 111,260 Visible supply... 2,42MSl‘ American 1,425,921 J n sight, week.. 57,521 ince Sept. £....*3.461,122 Fort rets., sen’n 6.692.472 Export#. season. 8.387.423 8,179.893 Total spin. tak. 213,811 250.326 American 139.811 145,326 Int. stocks 80,825 83,695 Following Is the Liverpool cotton state ment for the week eudiug Friday, August SPOT COTTON IV1ARKF.T. Liverpool, steady; middling 7.35. Atlanta, nominal; middling 13ft. New York, quiet; middling 13.38. New Orleans, firm: middling 13 7-16. Augusta, quiet; middling 13ft. Savannah, steady; middling 12%. e Memphis, steady; middling 13ft. Galveston, firm; middling 13ft. rharleston. nominal: middling 13ft. Wilmington, nominal; middling 13ft. , Norfolk, dull; middling 13ft. St. Louis, quiet; middling lift. Hn 111 more, nominal; middling 13ft. boston, steady; middling 13.26, . I’lillndelphla, steady; middling 13.70. Mobile, steady; middling 13c. llouxton, steady; middling 13ft. Cincinnati, nominal. WAVWARD, VICK A CLARK'S DAILY COTTON LETTER New Orleans, La., Aug. 24.—Dally mall gains In the market arc more arsslng to all Interests that want to uy cheaper, than an occasional big purt, which clears the ring atmosphere nd Is usually lost the next day. Our larket has crept up from 12.20 for Oc- jber without much ado, and foreign [narkets are becoming Irritated over It. iverpool today scored an advance of to 8 points nnd closes at the best, his Is about 4 points better than due. wrwt m ti >ur market opeued about 8 higher, but months Week's sales Of which American. For export ..... For speculation Forwarded Total stocks Of which American. Actual exports....-- Week's receipts.... Of which American. Stock! afloat Of which American. 15577 818.000 6W.000 6.000 21.000 7.000 4.867.000 8.868.000 27.000 ‘4.000 19067 T535o 24.000 1,200 IMM 21,000 12,000 3.907.000 2.914.000 47.000 26.000 4.R7o.o:m 4,004.000 102,000 ■ . . 83.000 "T^ew Orleans, Aug. 23.-Hayward, Vick & Clark: leather map not complete. What there la shows hesry showers in the eastern states. These rains hare now lasted there over four weeks and complaints are being received of too much rain. Should rains there continue it might have bullish effect soon on the market. Texas Is dry. Weather map shows generally fnl In Arkansas, where ft Is partly cloudv. have risen cor - * - *—*-•- ____ ...... xlum-nr, eastern belt. PALL MERCHANDISE HELD AT FULL QUOTED FIGURES. New York Commercial: One of the facts that helps to keep the cotton goods market level keel is that first-hand factors are a unit In holding merchandise at their full quoted figures. The present volume of business is not as . large ns that passing n week or so ago, but this Is a result of mills being sold ahead as far ns they care to contract for at a flxr * ~ ‘ ‘ product of their mills „ ^ next twelve months. It is no exaggeration to state that not a few, but uinny, mills making fine fancy cottons are sold up to July, 1908. These are now taking fall or ders for next year. On staple brown cot tons the sold-up condition of lines is un precedented. In the woolen goods trade or men's wear and women's wear the mnrket conditions on the present season are sound and the 1908 lightweight trade Is coming up to a normal point. It Is stated by close observers of the situation In the silk trade that the striking throwsters are In a strong- . _ . _.jere la a better demand reported for woolen under wear and hosiery on supplementary order for this fall and prices are steady. Buyers find that there is a smaller volume of spot merchandise la knit goods than has been carried by first hands during recent years, Prices on both woolen and cotton yarns are somewhat irregular, but can not be called weak or likely to break. In tho job bing houses sales are piling up and the *“ . . tea t0 the | nrjJ#J|t . local trade. Buyers are making a general purchase of fall nnd winter merchandise and even on staples the smallest retailers are exceeding their usual purchases, in thus following course adopted by the tnrge departi •tore contingent. It being Saturday there was little wll ■ingness to engage In new business and Thinness followed. Nevertheless the gain jvas maintained and a little professional I'uying increased the advance to 12.67 nr October In the last hour. The earcity of sellers in this option Is very lotlceable. Dry weather prevailed In (lie West during the past twenty-four luiur.s and temperatures have again It risen above the normal. Extensive khowers fell In the eastern half of the licit. Showery weather ha* been the fiilp, therefore, for over a month, and voral complaints of shedding and too much rain Is now being received - from (lie eastern states. Weather Indications stationary conditions over Sun- Oenerally fair and hot In the Showers In the east. Arkansas jnay get some showers. Reliable Infor- (nation places the prospective yield of the biggest producing county of Texas pt around 60 per cent of last year. The yield in the Red river district of north n.' ulsiaqa Is estimated at half of last year's. Unless Texas gets good rains (luring the early part of next week phnnees are that we shall see a short ramble in October futures. Uneasl *** is Increasing dally. New York, Aug. 24.—Bartlett, Fraxler 'urrlngton: Liverpool was 2 1-2 to -2 better than due. 8pots 3 up, ales 6,000 bales. The map, with many >olntH missing, showed heavy showers n eastern states, which have con llnued for over four weeks. The west yrn part of the belt was dry. First uuotntions were 5 to 6 higher and upon fair buying by commission houses the piarkot gained strength steadily and plowed at a net advance of 12 to II olnts. The forecast was for generally pair weather In Texas and Oklahoma pver Sunday. The Impression Is gain ing ground that the future contracts in this market are held by spinners and yn<Tchants as a hedge, and that the short Interest Is largely speculative, (with spots In the South at their pres ent premium over the future markets, |hc probability for the Texas yield f e «ng fully onerthlrd less than the sea- i°n Just ending, complaints of too mu ch f a| n In the Atlantic states and a strong p. hnical position here and In Llver- T?°L we cannot see anything but f”gnor prices, and I believe that Janu- f contracts bought around this level show good profits. DEMAND FROM EUROPE A BULLISH FEATURE. Orleans, Anx. 24.—'Time* Democrat: silt . tur ? or yesterday's cotton wss the Efure Inquiry for supplies that came from American exporters having In- some uneasiness abroad by their Print Cloth 8ales Smallor. It was reported in the market yesterday that printers are not placing further for ward orders on regulars. They have done some extensive purchasing during the past few weeks mid evidently feel theTr supplies of gray goods coming forward will mart their needs. Another reason for not op erating Is the firmness with which mills are holding to their quotations. Wide goods nre scarce for any delivery with four * re firmly held on a basis of Edited by Joseph B. lively Ur. Lively's twenty-firs years* experience of ed iting markets In Atlanta and the floutb haa made him a recognised au thority In bla specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS FA MB or STORK. Amal. Copper Am. Ice Sacnrlflea. . . Am. Hope Iteflnery. . American Smelting. . , Am. Locomtlve do. preferred. , , . , Am. C»r Foundry. . . , American Cotton Oil.. . Anaconda Atchison . ..da. preferred Atlantic C. Line Brooklyn Rapid T. , . . Baltimore X Ohio. . . , wpeake A Ohio . . Julian Pacific Chicago ft Alton Consolidated Gaa Central Leather „ do. preferred Colorado Fuel A Iron. . Corn Produce Colorado Southern. .. . Delaware ft Hndaon, . . D«r«r ft R|o Grande. . Kria er *' 8 * cur,t,e ». • • do. preferred.' .' ! ! General Electric Great Western Great Northern pM. . . Illlnola Central. .... . Intcfboro . , do. preferred Kansas A Texas. . . , . S' ' z 0(5 £ R a (t K!l fid o s 3 22 til 8S74 8K 687k ‘i i i 1 h. h p P 8474 E5 8374 8374 *#.. p fir r jjjj 8<r 40ft ID) f Kft a* « siii 162ft m/ m 1 5~ 23 22 2274 149*’ 148* * 148** 149*' g* 23,4 2314 i* mvi 2074 1874 1874 123*' 123 liiH iHft & 132 S 4 m 8 8 * 8* 3574 3374 8274 8274 NAME OF STOCK. Kansas X Texas pfd. . , Louisville A Nashville. , Missouri Pacific. . • • , Mexican Central. . . . , New York Ceutral. . . . Northwestern National Lead Norfolk A Western. ,. , Northern Pacific. . . , . Ontario A Western. .. , Peaaaylraala Pacific Mall People's Gas Co Pressed Steel Car. . . , Beading. Rock Ialand do. preferred. , . . , Republic Iron A Steel. . do. preferred. . . . , Southern Pacific Southern Railway. . , , do. preferred Bt. Paul Tenn. Coal A Iron. . . , Texas Pacific Union Pacific. U. 8. Rubber. ...... do. preferred. . .. . V. S'. Steal i.o. preferred Weatorn Union. , , , . , Wabash do. preforrod Wisconsin Central. . . . do. preferred TIPS PLASHED From Wall Street NEW YORK. LIVERPOOL. Following figures give the opening range and close, compared with yesterday: Futures opeued steady. Opening Previous Range. Close. Close. August 6.93 -6.99 6.9$ 6.90 Aug.-Hept 6.82 -6.83ft 6.86 6.78 Sept.-Oct 6.69 6.73ft 6.64 Oct.-Xov 6.63 6.66 6.59 Nov.-Dec 6.59 -6.63ft 6.63 6.66ft Dec.-Jan (.59 6.62ft 6.64ft Jan.-Feb 6.58 -6.69ft 6.60 6.52ft Feb.-March 6.58ft 6.60ft 6.63ft Msrch-Aprll 6.69ft C.61ft 6.66ft Aprll-May 6.60ft 6.62ft 6.56 Closed steady. NEW ORLEANS. Th. following la tha rang. In cotton (a tnraa In Kaw Orlaana today: &'pY-. Oct. . Nor.. . Dec.. . Jan.. . Feb.. . March. Closed steady. 12.72 il I If! 12.95 12.72-73 12.57 12.56-57 12.61-62 iW 1*65-67 12.65 12.70-72 1174 12.74 12.42-43 12.31 12.3132 12.35-36 12.39 41 12.45 46 NOTES ON GRAIN. Pointers on Provisions. ?ftc for standards. THE COFFEE MARKET. New York. Aug. 24.—Coffee cables: Havre market unchanged to ft franc lower. Hamburg, market unchanged to ft pfennig higher, Rio year. Santoa, 33.000, against 66,000 laat year. Rao Paulo, 34,400, agn.nst 54,000 laat year. receipts, 9,000, against 10,000 last Rpedal to The Georgian. (From Hayward, Vick & Clark.) Chicago, Aug. 24.—Bartlett, Fraxler & Carrington: The foreign situation in wheat at present seems to be the dom inant factor. If we can place our wheat abroad at present prices, we shall be satisfied, but Jf tbe export demand does not continue, we look for lower prices. Reports on com prospects are not at all satisfactory. Those from Iowa and Minnesota are especially discouraging. Many points In Iowa claim they can not raise over one-half to two-thirds of a crop under most favorable condi tions. Under these conditions farmers are not disposed to sell, and cosh com here Is becoming a fancy article. Do not look for any material break in prices until farmers let go of their cash com in considerable volume. The demand for cash oats still con tlnues, and expect a good demand for some wseks to come while the move ment is going on. Wheat market very erratic. Orders either way cause sharp fluctuations, -8 to l-4c without a trade. Chicago Evening Post: Jackson Bros, re ceived n dispatch from Winnipeg statlm that the frees® of Mondr y night had resulted In serious Injury to wheat. „ other dispatch to the same firm from Win nfpeg received ns the market here was dos ing read: "Wheat bore 2fte lower than II closed yesterday, reflecting the reassuring news from the country.” New York wired: "Export demand dis appointing. Foreigners show no disposition to follow yesterday'* advance «*» business." Clement, Curtis A Co. received the follow ing cable from Buenos Ayres: "Prospects for crops very encouraging and could scarcely be better for wheat nnd flax; con •at crops certain.” sent tho following: "Letter thla CEREALS AT OPENING WERE FRACTION OFF Advanced Sharply Later and Then Lost the Improvement. January February. . . March April June July. ...... August September. . . October November. . . . December. . .,. Closed steady. Opening Range. Close. 5.75-8.* 6.85-5.90 6.866.96 6.906.00 6.95 6.00 6.95-6.05 6.00 6.10 6.55-6.65 6.60-6.66 EM Mo 6.65-5.76 6.76*5.80 15.76-5.801 6.75- 6.80 5.90 5.96| 5.90-6.95 6.00-6.06 6.00-6.06 6.05-6.10 5.55-5.60 5.60-6.66 5.65-6.70 5.75- 5. W) 5.75- 6.80 COTTON SEED OIL MARKET. FoUowInx I* riven tn« op,nine and clos lag quotation, of th. New York cottou load oil market. ..X ^ovemner. . . . December January Closed steady. ners. Firm offerings being scarce, the tone of the market improved. There is more than a little feverish Anxiety among the talent these days Nobody- appears able to figure out how the October option Is to be liquidated with credit and profit to the short so long as the actual cotton situ atlon holds Its own with anything ap pronchlng current strength. NeW Orleans being closer to the cotton fields, led yes terday's advance, October shorts evidencing nervousness lest their position may ere long prove untenable. Bulls pointed out that tho- Texas rainfall during the eleven weeks ending August IS, tbe latest com plete records on file, was only 4.22 Inches, ss compared with 178 In 1906. In which year the cron started early, and on July 16tb promised to bresk all previous records. Drouth came, and the Texas crop proved a disaster. From this comparison high- priced men drew evidence confirming pre conceived yield views. Meanwhile Hous ton's new crop receipts for the week total only 8,119 hales, against *,410 last year."— Hayward, Vick A Clark. foliage. Frost of the 20th waa severe." Message from Moorahend, Minn., says: "No injurious frost reported In the valley/’ Broomhall's Argentine agent estlm - *" week's shipments thence as follows: this week 40.000 bushels, last week 1,000,000 bushels, last year 1,206,000 bushels. Corn this week 1.60&000 bushels, last week 1,065, 000 bushels, last year 2,633,000 bushels. F. W. Wlnnns received today the first ear of this season's timothy sssu, which he said was liter by three wssks than the first carload received last year, Tbe teed was raised In Missouri. 8. C. I.ove had advices from the Cana dlan Northwest nutting the frost dnmngo In some parts at §0 per cent. The trade here said 'Imi^rtant If true.” Cincinnati Price Current gave th# pack ing of hogs for the week at 416,000 * 406.000 the similar week last /ear. fug since March 1 given as 12.930.000 com pared with li,*0,00f bead for the like pe rind In 1906. Morris Schwalmcher estimated the Chi cago stocks ns follows: Pork 22.000 barrels, lard 112,000 tierces, riba 24.500,000 pounds. These compare with the following official estimate of stocks on August 1: Pork 26, 476 barrels, lard 113,900 tierces, riba 26,895, "d pounds. Minneapolis stocks of wheat decreased 800.000 bushels for five days. Lost year there wss a decrease of 1,126,000 bushels for the similar- period. Harper. Kan., says damage to corn there r hot weather has been very great, but int recent rains may bring out a half •on of late corn. Minneapolis and Duluth received today 124 carloads of wheat, against 118 the corre- responding day of the year befors. Winni peg reported prices of wheat from lftc to Iftc lower than they closed yesterday. HAYWARD. VICK & CLARK’S DAILY 8T0CK LETTER HAYWARD, VICK & CLARK, COTTON, 8T0CKS, BONOS, COFFEE, GRAIN AND PROVISIONS. Ctrondelet nnd Gravier Sts., New Orlean*. . MEMBERS: Orlean, Cotton Exi-hnnee. Sew Orleans Future Aesoeletlon. £•» York Cotton Bxotunge, Sew Orleans and ckteafo Boards of Trade, Cotton Exebence. New York Coffee Hon,ton Cotton Bxrlwnxe. Aenoriate Members Urerpool Cotton Aoo a Now York and Chlrefo Correspondent.: A S. BACHE A CO., AND BARTLETT, FRAZIER & CARRINGTON, PRIVATE WIRES TO ALL POINTS. New York, Aug. 24.—Bartlett. Fraxler A Carrington: The Investment situa tion has not Improved. The crop and money situation looks like It had a (air chance with this treasury aid, but thtre Is only Intermittent buying tor In vestment, and Wall Street houses are quite bare of big linen of speculative stocks and perhaps have too much time money. We do not like the In dustrial situation or Industrial stocks as an Investment or speculative. We think some of the railroads are good ae Investments, and the speculative side Is only good for the turn, for it is so largely professional. Th* reducing of Southern Railway preferred dividend did not have a bad effect yesterday, but today rumors were afloat as to the attitude of some large banking In terests, but they were rumors and nothing else. New York Central. Erie* and Southern Railway took fright and developed some liquidation. The de crease In rash In the bank statement was only about hair what was looked for according to the currency move ment. The decrease In depoelts was nwre than the sum of the decrease In loans end cash, and does not nuke a good balance. Chicago, Aug. 24.—Wheat closed 1-403-Sc higher; corn was up 1 1-2® 1 {-8c higher; oate l-2@l-4c lower. Provisions were 6@20c better. Big money was scalped out of the grain pita on the board of trade today, and the play of the professional will be to get all the profits within reaoh. There waa a choppy market In ' the wheat pit. The crowd waa quite nerv ous and less bullish than yesterday and Thursday. Some of the btg longs sold wheat late and the rank and fllo trailed on. The strength early was on bad re ports from North Dakota, claiming frost. Th* local crowd bought freely, although the action of Liverpool In re fusing to follow Chicago's advance of yesterday did not set well upon the stomachs of the bulls. The market was a big affair, but the room traders stood ready to follow the bell wether of ei ther side. World's shipments of wheat wore es timated by Broomhall at only 7,(00,000 bushels, which Is considerably less than the previous week or a year ago. Northwestern car* for the day, (0 cars wheat, and Chicago 188 cars, com pared with 111 and 78, respectively, a year ago. Corn was active and prices changed continuously. The matter of weather seemed to cut but little figure, as th* bulls In wheat figure that the crop will be quite short Oats traders were busily engaged nearly the entire session looking after tha sharp -ups" and "downs” of the market. Provisions were more active with outsiders taking more Interest and large packers trading on both sides. CHICAGO GRAIN MARKET. WEATHER REPORT. WEATHER CONDITIONS. With the exception of one or two smell nrssa of clondlneH, elesr n-enther pre vails over most of th# map. but Chowera hare occurred at most stations east of the Mississippi ti, tho last 24 hours Weat of •he Mississippi dry weather continues. The pressure has decreased over the east ern half of the map, tho center of lowest barometer belli* at Marquette. Mich. The center of gresteat pressure Is over the Da kotas nnd western Nebraska. Cooler conditions prernll on the north Atlantic const anil In the region of greatest pressure, while plus changes have occurred at most other stations The existing conditions art favorable for partly cloudy weather In this section to- night and Sunday; probably showers Sun day. COTTON REGION BULLETIN. /or the 24 hotirs ending nt I meridian time. August 24. 1907, Following are tbs Chicago grain and pro visions quotations for todo/, compared with yesterday's close: Previous Open, ftlgh. Low. Close. Close. XT II BAT SK- - g* 101 ft 100 88ft 94ft lout 1M% IM 8 L B I 5 B'B 8 STATIOHS ATLANTA DISTRICT. Atlanta, clear. 1 . . , , •••Chattanooga. . . * . Columbus, clear. . • . , •••Gainesville Greenville, clear. , •••Griffin. ••Macon, clear Montleello, dear •••Newnan. •^psrtanbur*. clear. , , •^Tallapoosa Toccoa, dear —•Weat Point Tcayerafsre. ill Me*. We. 2 HI 54 Yd 92 78 .66 84 08 M 93 75 T. 90 73 .00 (8 « .28 n 48 .66 (From Haywai,. New York, Au«. 34.—Bartlett. Fraxler & Carrington: The secretair of the treasury nan announced, that hegfnntug next week tho treasury department will innko each week for not leas than five weeks depoalta In national hanks at New York. Boston and other points, the security required to ho approved state, municipal and railroad bonds acceptable under the existing re qulrements of the department with thl understanding that if called for such de< posits shall ho returned after January the *n Installments to he fixed by .v of tho treasury... He says this action In taken to meet the commercial and Industrial needs of the country at this sea son, and Is believed to ho preferable (o waiting until a time of nento atrlugency, when tho only alternative would he a large general deposit. Town Topics: In view of tho outlook for an unfavorable bank statement sml the bearish feeling engendered by the reduction In the Southern railway dividend rate, we look for lower prices today, and would not advise buying stocks except In case of a sharp decline through the renewal of professional operations against values. The continue4i weakness In sterling ex change is a really Important nnd favorable feature, but this Is ignored for the time Mug, and more attention Is Mng paid to the fact that bnnkers are hopeful or easier money later on. Pessimism Is keener now that support by Important Interests has been temporarily withdrawn nnd bearish manipulation has again inndo it* appear ance, which, In our opinion, will be respon sible for n further decline In the mnrket with liquidation by those who nre com pelled to close out stale bull aocounta. Foi the ultimate future we nre hopeful, nn«L those who are able to buy for cash will find the present market a fruitful source of profitable Investment. The unsatisfactory conditions ruling Id the stock market will likely |>e reflecte4 again In the commodities markets. Ws would not buy wheat or cotton except for turns on sharp breaks. INITIAL PRICES SHARPLY BETTER Union Pacific and Reading Were Strongest Stocks • Early. NEAR TWO POINTS UP Leaders Receded Later and Irfist Prices Were Be low Best. ATLANTA MARKETS. FRUIT AND PRODUCE. J. J. BARNES-FAIN CO.'S FRUIT AND PRODUCE LETTER. Atlanta, Aug. 24.—For th* vaat work our mark.t hna lioon In a gtutt.fl condition on n.arly nil corntnodltln In th. produr. line, ronaequ.iitly aalea hare lMM>n alow at re duced prleea. The market ha* lieen very much over slocked on calitiogc, and prleea have declln ed from 214 to 2c. Iterelpta of Irlah pntatoea hare alao been erv heavy, a -*■ -— * “ ‘ -4b to 81.15. I-emon tmportatlona have been heavy for th* paat week; In fact, heavier than my time In prerloua yeara, earning a decline from 86.2s on Men.onai to 81.50 nnd Verdelln •lock Imre declined from 88.78 to 8S.26. It la galling late In the .enoou for the old atoek leiuona. and the quality la very poor. Howtrer, th* new erop of Verdella utock la ■bowing up line, nnd are worth more than the difference In price over the old atoek. Feaehea hare declined from (2.25 to 81.75. The quality la generally very poor. Bnnnnna hare lteeu very aearee nnd prleea atmoat prohlhltlre, .tiling from 3V4 to 4c 0er ,wnind. Rarly appl.a nre .till very nearer and quality very poor, but winter npplea will lie In In about thirty days. Aa than la a comparatively heavy crop thla acaaon we look for renaonnhle prleea. The flrat ear of California fruit, eonalat we look for the prleea the anmo through week. New York, Aug. 24.—Th* atoek market opened at general tubalnnlfnl ndrancea. Union Pacific ro»e 144, Bending gained In nil 144. and Amalgamated 1V4. Southern Pnelflc opened up 1 point. Atchlaon gained 44. Peunaylrnnln 74, Brooklyn Rapid Tran- alt 44. St. Paul and Steel common wer* up 44. After 10 mlnntea' trading Union Pacific, after a gain of 244, allowed a not Improve ment of alwmt 2 per cent. Amalgamated Copper *nd other leader* recoded 44C44 from the very beat early flgurea. Closing bid* follow: Railway 8toeka. Atchlaon 3.4 Baltimore and Ohio .188 Canadian Pacific 188 8-4 Chicago and Northwestern .. ..140 1-2 Erie is 1.3 Illinois Central 182 1-2 Loulavllle and Nashville .. ..102 2-4 Manhattan L .. .. no Mexican Central 175 Missouri Pacific 65 1-2 New York Central „101 1-4 Pennsylvania a* Reading 88 2-4 Rock Island 17 2-4 do preferred 41 1-2 S‘- Paul U8 (.4 Southern Pacific .. ..... .. 81 7-8 Southern Railway 18 1-4 Union Pacific 1*4 Wisconsin Central 81 lnterborough-Metropolltan ... 81-4 Great Northern 117 Miscellaneous. Amalgamated Copper (8 1-2 American Car and Foundry.... 37 American Locomotive 51 1-2 American Cotton Oil 20 1-4 American Smelting and Rfg... 82 1-4 do preferred Ilrooklyn Rapid Transit . Colorado Fuel and Iron . jlatlonal Lend Pacific Mall .. .. '.. .. . People's Go* Pressed Steel Car Sloss-Sheffleld Steel .. . Sugnr United States Steel .. , do preferred Mackays Virginia-Carolina Chemical do preferred 85 1-8 40 8-4 82 1-2 40 1-2 23 1-4 28 1-2 28 3-4 45 BOGS—Active, 22c. LIVB rOULTIlY—Rena, nctlre, 40048c; chickens (fresh), lMfSh'. Duck* (Pekin), Me each: poodle, 25c each. Turkey,, active, — nnd. POULTRY—Tnrkeya. drawn, actlrs, 18 esnta pound; frlea, active, 20c pound; bena,16c per pound; ducka, diawn, WfeBSk - ending at 8 a. m„ thla data. ~Uecclved late. Not Included In dlatrlct average*. Missing. Ci.THAL STATION. ill—* Atlanta. ; . . . Augusta •••Charleston. . Galveston. . . . •••IJttls Bock. •••Memphis. . . Mobile Montgomery. . . New Orleans. . . •••Oklahoma. . Savannah. . . . •••Vicksburg. . Wilmington DISTRICT AttRAGIS. T. inalcatM Inappreciable ralantt. (l) For yesterday. (2) For 24 hours ending 8 a. m., 75th meridian time. •••Missing. Remarks. The temperature remains about station ary In districts heard from. The rainfall has been generally light. J. D. MABBURv, flection Director. apt. .. 61 W. .. 43 (ay .. 49ft FORK— 8cj>t. ..16.06 LARD— Sept. 9.02ft Oct. .. 9.15 RIBS— Sept. 8.70 Oct. .. 8.82ft 49ft 16.12ft 16.06 im LIVE STOCK MARKET. Chicago. Ang. H.-Rogs: Receipts. A.tfo. [arket 5G10c higher. Light. J6.96tf6.49; .envy, |5.40tf6.15: rough. I6.40tf5.70; i SS.80ff4.30; yorkers. K»>0«.4O. Cattle—lUcelpra 600. Market steady. Beeves, lf.2iC7.2S; cow*. 8l.SOflS.40: Texas steers, 82.5566.25; entree. 85.0008.90; Stockers and feeders, I2.60fl6.rn. Sheep—Receipts 2.000. Market nnebanged. Native*. 86.70: Westerns. J3.2ffM.TO: year- lings, t5.50fl8.t0: Iambi, t5.23e7.M; Wrateru Until*, t5.»O7.60. CHICAGO CAR LOTS. Wheat.. .. Corn Oats Hogs, bend. Today. Tomnr. WEATHER FORECAST. Washington, D. C., Ang. 24,-Westher condition! and general forecast: Tha northwestern depression has moved rapidly matwenl, and Is now central In ths lower lake region. It bee caused rain In the Ohio valley, the middle AtUutlc states and southwestern New Bngland. temperature he* changed little In tbe 24 houra. Generally fair and somewhat warmer weather Is prolwbl* tonight sml Rtinday over th* greater portion of the Wtsblngton forecast district, except that thnndersfiow. era ire Indicated for the aonth Atlantic and east gnlf elites Sunday. Foreeaat until 8 p. m. Sunday: light to freeli wei Igbt to „ North Carolina, Routb Corallna sad Georgia—Rcattrred (bowers tonight or Ban- day; light to fresh southwesterly winds. Faatorn Florid*—Felt tonight end San- *r; light vsrleble wind*. Western Florid* and Alabama—Rhowers tonight or Rundsy; light southwesterly Mississippi-F«lr tonight end Rundsy; light eonfhweiterly wtnds. Traaessee *nd Kentneky-Felr to sight end Riindiy; cooler tonight In northwest ern Tent THE SUGAR MARKET. honor, bright, actlrs, 10c pound: honey la ' ' " ectlre. 12Hc unone. fencr I ... bananas, IHc Ib^jrtnes^ples, Florid* •lock. 1.75 cratt, .. ... VEOKTABI.F.R—Potatoee, new. 11.78 bar. rel; per bushel. 51.48. Onions, Georgia, 81.50 K r fraihrl: RpsnUb, 81.50 crate; kraut, half rrel, 53.75; cabbage, 2i4c pound. GROCERIES. niPB-Jan 8fl*He: heed eflffrs fancy heed 70774c, according to tho grade. CIIKKNH—Fancy fnll cream. 17 cento; g eorglo cane *yrup 57 cent! gallon; -Mlt, o. pound. 50c: axle * reave 11.75; aoda crack ere, G74c pound; lemon. 8c: oyiter. 7e; bar rel rand*, per pound. 874c: mixed, per •pound. 874c; tomatoes. 2-pound. 52.00 eaee; pound, 52.25; nary besna. 52.35; IJma hrane tie; brat matebra per gross, 51.88; macaroni MrTc pound: aardlnra, mnitard. U.25 r*,- SrOAR -Btnnd«rd granulated. S74: New ark refined. 4.80; plantation. 5c. COFFEE—Rodited Arlrarklra ill: bntk la bare end barrsU 12c: green 11012c. shredded blicnlt 55 riae: No. 5 rolled oats 55.78 case; seek grits. M pound bug,. II.tt, aratert. fnll weight. It cnee: light weight 11.10 ca»e; pepocr, 18c lb.; baking powder 55 e; red anlmnn, 55 case; pink aalmnn, 54.2 Xtfr York, Ana. 24.—Local refined end raw sugar market* *f#*dy and unchanged. !-undos heels flrmer; August IDs 74d. Sep tember 10V4d. ALONZO RICHARDSON & CO. Public Accountants, Auditors and Bank Examiners. Audits. Special Examinations, Coating and Systematizing, empire: building, Atlanta, ga. gallon; corn, aoe g* sataaa. »A26«5.I0 ease; nennuii. ic; rot. 4-ply cotton. 15c; aoap, 5L804H cask PROVISIONS. PROYTiyONR—supreme hams 7874*. bellies 20028 pounds arerage, 8.*: fat hack*. 8.20: Supreme lard. 10. Purity compound, 874- r-allfornta bams. 10c; dry sail sxtra riba 814. FLOUR AND GRAIN. rt/)UR—Hlgheet patent. 16 78: beat pat- ant, 55.25: standard patent 84.71; half pat ent. 14 85: apring wheat patent. 58.09. CORN-Vlo 2 white. 28c; eholce white, 80r No. 2 yellow, T7c; mixed, 78c; cracked corn per buahsi. T8<*. CHICKKfc FERD—Flftv-poqoil sacks 81.00, Penis Chirk feed. 52.09: \'lctnr feed. 82.5ft OATS-No. 2 white. «7c: No. 8 mixed. 88c; Golden oate, 83c: white clipped, <8c; fancy *MBAl!^Wfiiin' S per 88-pound sacks. 78c; 45- ponnd eacka, 78c; plain 84-pound sacks, 88c; -mo. 51.0ft IIAY—Timothy, choice large hale*. 51.38; uo. choice smell hales, 81.80; No. L one- third hales. 51 JO: No. 2. one-tblrd- hales, 5125: choice prairie, 5L00: Remind*. H.oi. BHORTF—Choice white. 51.80; fence. 51.80; brawn (80 to 100 ponnd*), 51.60; brand, 51.16. COTTON SEED MKAL-Prlme per too. J24.60: No. 2 per ton, 524.00; hulls per ton, FISH. FIBII-Brram 7c ponnd: enappar lot aesad; trout la pound: blue fl»u 7c ponnd; pompano. 20c pound: mrckerel. 1274c pound: mixed flab. 6c pound; fresh water trout. 5c. MONEY AND EXCHANGE. Now York, Aug. 24.—Monay on call, nothing doing. Time loans unchanged. Sterling exchange—Posted rates, 54.834)14.84, with actual business In bankers’ bills at 24.873004.8788 for de mand and 84.(28004.82.88 for 80-day bills. Prime mercantile unchanged. London bar silver, 5-18 advance, at 81 7-16d. New York bar illrer, 87 6-8c. Mexican dollaro, 58 8-4o. NEW YORK BANK STATEMENT. New York, Aug. 24.—Tbe weekly state ment of the New York aaaoclatra banka shows the following changes: Legal l.8o). required 5282,026,800, decrease. GEORGIA RAILWAY AND ELECTRIC COMPANY. Boston, Ang. 24.—Following wa* tbe bid’ MINING 8TOCK8. Boston, Aug. 24.—Opening: Copper Ranga 84. Utah Mining 42, Shannon 1574. Calnmol- Arizona 158. LIVERPOOL DRAIN. Corn closed Arm 84 to 174 higher. 4% UNION 4°)c SAVINGS BANK Geuld Building CAPITAL STOOK . . . St00.000.00 (810118018 rXoT • 280,000.00 4 Jo 4% $88,80«.00 GOLD BONDS to net investor nearly 6 per cent. Write for circular. J. H. Hilsman & Co., Atlanta, Ga. r ATLANTA NATIONAL BANK ATLANTA, GA- :. E. CURRIER, PreildtnL H. T. INMAN, Vlca-Praaldank GEO. R. DONOVAN, Caihlar. JAMES 8. FLOYD, Agglltant Cashler. Capital . $500,000.00 Surplus and Undivided Profits $650,000.00 We Solicit Your Patronage.