Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, August 30, 1907, Image 11
THE ATLANTA GEORGIAN AND NEWS.
11
COTTON SAGGED OFF
IN m_SESSION
Heavy Issuance of Notices
Was the Depressing
Influence.
NEWS AND GOSSIP
of the Fleecy Staple.
REGAINED LOSS LATER
Due to Evening Up Over the
Approaching Holi
days.
v'ptr York, Ang. 10.— 1 The local cotton rear,
tel opened active and Irregular, with first
urlcea 161 potato lower, under notices ap-
prozlmauog 71.000 bale,. September first
iold off 10 potato, but Was quickly rallied
r point,. Inter positions also developed
considerable strength after the cell, as
there was a lot of erenlng up business In
progress nbead of. the holidays.
The speculative market for cotton held re
markably well In face of a lowor Uverpool
market and the henry Issuance of notices,
and the season of 1304-07 finishes at record-
breaking prices for the new crop positions.
SPOT COTTON MARKET.
mink stendj
Cincinnati, nominal.
HAYWARD, VICK A CLARK’S
bAILY COTTON LETTER
Now Orleans, Aug. 80.—There was no luck
of bullish new* to trade on, but In the final
decision the desire to reduce commitment*
over the holiday* pl«J*l «n Important part.
As the market Interest la rather lone, apa*-
modte liquidation could be noticed through
out the morning session and held prices
down. No doubt If there should be no de
rided Improvement In weather over Sunday
much of thla cotton will be wanted back
next Tuesday. The Journal of Commerce
makes the crop condition 73.9, against 77.6
original figure and 76.7 corrected figure last
month. The decline In the crop condition
of Texas Is 10.4. This authority makes the
very appropriate remark that the backward
ness of the crop la the most serious feature.
It Is safe to say thnt 75 per cent of the
bullish chance* In cotton are baaed on the
perils to the yield Implied by unusual late
ness. New York wires say that the snot
houses are atopplng notices. Ix>w grade*
are bound to appreciate In value at the be
ginning of the season and the cheapness of
future* further explain* such action. No
change In weather conditions. The man,
however. Indicates good prospect for cloudy
nnd showery weather over Sunday In the
northern nnd northwestern belt. The mar
ket Is steady srouud 12.80 for October.
Trading of no decided character.
Special to The Georgian.
(From Hayward, Vick A Clark.)
New York, Aug. 30,-Bnrtlctt, Fraxler A
Carrington: Liverpool cables were due 1 to
2 points lower. Opened quiet but steady 2H
lower on ueur anil 3 lower on distant. At
12:16 n. m. was steady net 24 points lower.
400; speculation ami export 2,000, Imports 6,
000, American 2.700.
The many reports coming to hand of eon
dltlon of cotton crop for August give slight
decrease* from last month. This of course
la expected, but the surprising feature Is
the very small loss on conriltlou generally,
the dry ureather nnd high temperatures in
Texns about counterbalancing the gr*
provement east of the Mississippi. Tt __
erpool market Is narrow and slightly lower
than our close. We lost some ground yes
terday afternoon after the week-end cover
ing had been accomplished. Look for a
quiet market with a sagging tendency.
•stlni *
Kpme people here suggi
lower mar
over the holidays. Looks nn though the
spinner* hold a big part of the long Interest
and can not sell, nnd that the evenlng-up
process should be speculative short cover-
tup.
Humored nltout 75.000 notices going around,
Lyons Is said to have Issued 36,000.
McFsddeu. Craig. Weld and Cimner look
to be stopping most of the notices.
Following are 11 n. m. bids: September
11.63, October 12.26, January 12.46, March
Ifei
room.
on their
throughout the street.
New Orleans. August 30.—Ilayward. Vick
A Clark: Map shows generally fair weath
er for belt, except cloudy In North Carolina.
Official forecast says parti
probably showers In terrttori .
southwest Texas. Relieve this will muse
further liquidation nnd a little set-back.
Map, now complete, still shows some good
prospects for rauis In territories and north
Texas. They are rathe* slow In materialis
ing. but believe we will get some rnln In
northern belt orer Sunday.
Fort Worth. Tex., wires: “The president
of the Farmers' Union has Issued a maul
festo to growers, telling them that the min
imum price at which cotton can lie sold Is
15c, nnd 116 for a ton of seed. Unless these
prices oro obtained the product must be
stored In the union warehouses.”
Mr. Price's estimate of 13,010.000 Is
ally looked upon hero ns on attempt
some people to sell In order to get cheaper
long cotton.
SPOT GRADE DIFFERENCES
ARE A SOURCE OF TROUBLE.
AUGUST COTTON CONDITION
DECLINED 3.8 PER CENT.
The Journal of Commerce of Friday morn
Ing. In report on the condition of cotton on
August 23, snys: , . r<v .
Rased on replies from nearly 1.600 corre
spondents of average date August 23, the
condition Is shown to be 73.9, as against 77.5
last month, s decline of3.6 points oTor the
corresponding date in 1906, when the condi
tion was 77.6. In 1906 It was 72.4 and In 1904
It was 77.4. The decline of 3.6 points Is due
almost entirely to Texas, which fell off 10.4
points, owing to drought *iul boll weevil.
The onlv other statee of any magnitude
which showed decline* were Louisiana with
a 2.6-point fall and Arkansas with a 0.3-
point loss. Notable advances were North
Carolina with 4.6 points. South Carolina 2.02
points, Georgia 2.0 points, Alabama 2.1 nnd
Oklahoma 5.6 points. . . , .
"Texas and part* of Arkansas and 1/ralsl-
na have suffered severely from drour
rhlch, together with boll weevil nnd
worm In Texas, caused serious damngo. ...
other states the cron has generally made
good progress, weather conditions ns
*i being favorable, though some acetic
e received too much rnln, while others
hare had too little. The plant Is gentrallv
small, but Is etrong, healthy, well fruited,
unusually free from Inserts nnd In a g«Hx!
state of cultivation. Rheddlng la complain
ed of, but In a leaser degree than usual foi
this season of the year. The most serious
feature of the crop Is Its backwardness, be
ing two to four weeks late, whleh makes n
good field dejicndent on late frosts. 1 lek-
lng bss commenced In n few locnlltles, but
It will not lw general until September 1 to
15. Scarcity of labor Is not complained of
to any appreciable extent.”
LITTLE INTEREST SHOWN IN
FUTURE DELIVERY YARNS.
New York Commercial: Prices on cotton
yarn* for forward delivery seem to
steadily sagging off. In spite of the fact
that sellers are offering buyers quite deck!
ed concessions, they do not nppenr to 1»e
able to arouse any Interest In yarns for fu
ture delivery. On yarns for spot delivery
the situation, however. Is of an entirely
different situation. Prlco* are well main-
tnlned nnd deliveries are hard to get. Few,
If any, sellers have yarns for spot deliv
ery In large quantity.
welling agents In this market have about
come to the conclusion thnt buyers are
fairly well supplied with yarns for some lit
tle time to come and are not to be Inter
ested In the nmrkct at the present time, no
matter whnt quotations are named.
* nrge spinners, while they hnTe been
Ing the market to some extent, are still
very Independent, ns In the innjorlty of
cases they have sufficient orders on hand
to keep tnelr plants running up to the end
of the year. Rome Inquiries have Itecn re
ceived within the past day or so on wear
ing yarns, but nothing .>f Importance In
the way of new business has developed.
It Is not thought by seller*'' well posted
that business will show nny improvement
until well alimg In 8epteml»er, if as early
ss that. On tne other hand, some Heller*
are confident that certain weaver* are even
now In need of yarua nnd must come Into
the market at an early date In order to re
plenish their depleted supplies of raw mate-
Forward Contracts Are Quiet
Trading on narrow print doth* became
quiet yesterday. Printers now believe they
will he able to get their full requirements
ss thslr actual needs arise, and are not plac
ing forward contract* as energetically ns
earlier In the month. The Fall River settle-
ment gives confidence to buyers .‘hnt nt
least goods will be forthcoming. They are
witling to take chances ss to price*. Wide
goods for cutting-up purposes are In steady
luest. Regulars hold at 5 , 4* % ; wide stand-
la are still selling at 7*4c.
New Orleans, Aug. 30.—The Times-Demo
crat «iyn: "The cottun market altuntIon
underwent no change of consequence, and
over which room traders have little or no
control. Local snot grade differences are
again a source of trouble to brokers, who
complain thnt hedge business Is affected bj
the absence of seller*. That a disparity ex
1st* Is shown by the fact thnt prices now
being paid nt southwestern Texns Interior
for new
better grades the
ditug nnd good middling now amounts to
**i to 9-16c, Whereat spot quotations In New
rlenns nt 14 9-10c, nominal, or a difference
w/ lc, thus r* ' * *- •' *
higher than L. - —
•'Meanwhile the specnlntlve situation evi
dences very little animation nnd iio ambi
tion whatever, even In the face of a rapidly
epr&ntllng conrlctlon thnt Southern mill con-
sumption will be Increased some hundreds
of thousands of bales during the coming sea
son and the belief thnt the trade's appre
hension over the effect upon business In n
ATLANTA MARKETS.
FRUIT AND PRODUCE.
RGOH—Active, 26c.
LIVE POULTRY—liens active. f)045c;
.hlckens (fresh),
each; puddle, 2dc
per pound.
DRESSED POULTRY—Turkey*, drawn,
active, 18c pound; fries, active, 20c pound;
hens, 16c pound; ducks, drawn, fancy, 16c
pound.
PRODUCE—Lard, 12c poundf hnma active,
16c pound; shoulders active, 10011c pound;
sides active, 11c pound; butter dull. 10ftl24<*
pound: beeswax active, 25c pound; bouey
(bright) active, 124« pound.
FRUITH— Lemons, fancy Messena. 14.59;
hnnnnnnH, 4c pound; plneapplles. Florida
stock, none; lime.*, Florida stock. 60 per
hundred; peanuts In sacks averaging 100
pounds each, owing to grade, 6V408C pound;
cantaloupes active, 12.00 crate; waternuljis,
6010c each; Georgia |tenches, 81.60ft 1.75 per
^ate: rhubarb, 76c.
VEGETABLES—Potatoes (new), 18.76 per
barrel; per bushel, $1.20. Onions (Georgia),
81.60 buahel; Spanish. 81.50 crate; kraut, 4
bnrrel, 83.76; cabbage, 2c pound.
GROCERIES.
RICE-Jap. 606V4c; head. 607c; fancy
head. 7074c. according to the crude.
ufraKSK—Fancy full cream, 17c; Georgia
no syrup, 37c gallon; salt, 100 pounds. 6«c;
axle grease, $1.75; soda crackers, 64c pound;
lemon, 8c: oyster, 7o; bnrrel candy, per
pound, 64c; mixed. t»er 8 pounds, 64c; toma
toes, 2 pounds. 82.00 case: 8 pounds, 82.26
navy beans, 82.36; Lima \ienns, 64c: besf
matches per gross, $1.66: macaroni. 64ft”c
pound; sardines, mustard, 88.26 esse.
.SUGAR—Standard granulated. 54; New
York refined, 4.90; plantation, 6c.
COFFEE—Roasted, Arhucklea, 816.00; bulk
In hags and barrels, 12c; green. 11018c.
Shredded biscuit, $5.00 ente: So. 2. rolled
cats, 83.25 case; sack grits, 96-pound bags,
81-35; oysters* full weight, 82.00 case; light
weight, 81.10 ease; pepper, 18c pound; bak
ing powder, 85.00 ease; red salmon, 85.00
ruse; pink salmon, 84.26 case; cocon, 40c;
chocolate. 33c; snuff. 1-pound Jars, 48c; roast
beef, $2.60 case; syrup (New Orleans), 35c
gallon; corn, 30c gallon; Cuba pntnah, 83.25
03.80 case; peanuts, 8c; r
soap, $i.60ft4.00 case.
Edited by
Joseph B. Lively
Mr. Ur sly's ureoty«fl»r
years* experience of ed
lung markets Id Atlanta
and tbs South has mads
him a rscogolasd au
thority to bta specialty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
Kline or rock.
Amal. Copper. . . . .
Am. Ic Heart tin. ..
Am. Sugar Kefiu«rg. 1
American Stm-ltlng. .
uu, (ircuirmi. , , •
Art. Car Foundry. , .
American Cotton Oil. •
Anaconda
Atchison , .
do. preferred. . . .
Atlantic C. Lins. . -
can ad
Chicago Sc Alton. . . .
Consolidated Gas. . ..
Central Leather. , ,. ,
Mμ
Cora Product
Colorado Southern. •.
Delaware A Hudson. .
g«T® r * lUo Grands.
Distillers* Securities..
Erlo
„ do. preferred. . . .
General Electric. . . .
Great Western
aasetess* «>«• ■
do. preferred'. 1 .
Kanwi, & Tax,,. . . .
V*
$
NAME Of 8TOCR.
Knnsns X Texas pfd. .
Louisville ft Nashville.
Missouri 1'nolflc. . . .
Mexican Central. . . .
New York Central. . .
Northwestern
National Lend
Norfolk ft Western. . .
Northern Pacific. , , .
Ontario & Western. . .
Pennsylvania
Pacific Mall,
reopls's Gas Co. . . .
Pressed Steel Car. . .
Reading
Rock Island. . . . . .
do. preferred. . . .
Republic Iron A Steel.
do. preferred. . , .
Southern Pacific. . . .
Southern Railway. . .
do. preferred. • . .
St. Paul
? enn. Cool ft Iron. . .
exna Pacific
Union Pacific. . . . • .
U. S. Rubber
do. preferred. . . .
U. f>\ Steel
do. preferred. . . .
Western Union. . . , .
Wabash
do. preferred. . . ,
Wisconsin Central. . .
do. preferred. . , .
na
$
h
sa.
~Totst stock sale* 401.160 aim res.
xfix-dividend 3 per cent 3»Bx-dlvldenir~i4 per cent.
NEW YORK.
Oct. . .
Nor.. .
Dec.. .
Jan.. .
Feb.. .
March.
May- -
,11.55
. ’
.12.34
sM (|(i
.nr
11.63-61
12.23
12.29-30
12.36-36
12.44-45
12.47-49
12.65-66
13.68 61
12.28-29
12.31-33
12.38-39
12.46-4*
12.49-51
12.57-5*
12.66-66
LIVERPOOL.
■ ■■ f
Following Is the opening range, 2 p. m.
and close, compared with yesterday's close.
Futures opened quiet.
Opening Previous
Range. 8 D.m. Close. Close
August 7.13V* 7.134 7.124 7.164
Aug.-Sept.'.. 7.01 -7.014 7.02 7.00 7.034
Kept.-Oct.... 6.884 6.89 6.88 6.91
Oct.-Nov.... 6.82 -6.814 6.824 6.81 6.84
Nov.-Dec.... 6.754-6.76 6.764 6.754 6.784
Dec.-Jan 6.74 6.74 4 6.73 6.77
Jan.-Feb 6.73 6.73 6.724 6.75
Feb.-March 6.73 fi.724 6.76
March-April.. 6.74 -6.734 6.74 8.73 6.764
Aprll-Mny.. 6.744-6.74 .... 6.734 6 77
Closed quiet.
NEW ORLEANS.
TICB FLASHED
From Wall Street.
i
i
8
i
$4
32
1
1
Kept
Oct
Nov
Dec
Jan
Felt
March. . .
I2.si|iiilsi
12.6612,67
12.71112.7:
i2.iall2.80
12.75
13.60
12.64
*12.76
*12*78
i'2.63
12.67
12.76
2.97-13113.12
12.76- 78 12.83-84
12.67
12.6344112.04-67
12.60-67 12.70-71
12.8971 12.73-75
12.76- 77|12.78-79
NOTES ON GRAIN.
Pointer* on Provitiona.
Chicago, Aug. 30.—Wheat closed 7-8
®1 l-8c better, corn was up 3-401 l-8c,
oats were 101 6-8c higher and provi
sions ware up proportionately.
The wheat market was nervous and
very Irregular with price changes sharp
at times. Private elevators turned out
a largo lot of wheat and started lower.
existed',‘nnd large New York housesTii Thu There was some selling pressure from
j P«
rope, 4-ply cotto/i,
PROVISIONS.
PRO VIRION A—Supreme hams, 164c; bel
lies, 20025 jHiund* average. 9.95; fat barks,
8.20; Kiipretuo bird, 10. Purity compound,
8?4. California hams, 10c; dry salt ribs, 9.30.
FLOUR AND GRAIN.
FLOUR—Highest parent, $6.75; best pat
ent. 86.25; standard patent. $4.76; half pat
ent. $4.63; spring wheat patent, 86.00.
CORN—No. 2 white. 80e; choice white, 82c,
No. 2 yellow, 78c; mixed, 77c; cracked corn
per bushel. 78c.
olden oats. 66c; white clipped, 68c; fancy
white dipped. 70c.
MEAL— Plain, per 96-pound sacks, 78c; 48-
pound sacks, 78c; plain, 24-pound sacks, 80c;
germ, $1.60.
HAY—Timothy, choice largo bales, $1.86;
do., choice small bales, $2.30; No. 1, one-
third bale*, $1.30; No. 2 one-third bales.
$1.25; choice prairie, $1.00; Berinura, $1.00.
SHORTS—Choice white, $1.60; fancy. $1.80;
brown <80 to 100 pounds), $1.60; bran, $1.36.
COTTON SEED MEAL—Prime per ton,
$26.60; No. 2 per ton, 824.00; hulls per ton.
8ECOND BANK CLOSING NOTICE
The Georgia Legislature at laat session
passed a law which mattes paper mi
turing Sunday, September 1, and Mon
day, September 2, “Labor Day,** due
and payable Tuesday, September 3. All
thoaa interested please take notice.
ASA G. CANDLER, Preaident
DARWIN G. ONE8, Manager.
HAYWARD, VICK & CLARK,
COTTON, STOCKS, BONDS, COFFEE, GRAIN AND PROVISIONS
Carondelet and Gravier 8ta., New Orleans.
MEMBERS:
tsasr<ss? sas® ~
N«w York and Cklcaff. <-'.rreipon<l«"t»:
J. S, BACHE A CO., AND BARTLETT, FRAZIER A CARRINGTON,
PRIVATE WIRES TO ALL POINTS.
Special to Tho Georgian.
(From Hayward, Vick A Clark.)
Chicago, Aug. 30.—Bartlett, Frasier A Car
rington: It Is a clear Indication to onr mind
that Europe wants onr wheat, and It Is ouly
a question of time when they will come for
It. Local traders here are bearish and
short, and they will come to cover.
The situation In corn Is still scuto. No
Indications of farmers selling any corn, and
the receipt* here sre not half large enough
to supply the domestic trade. Yellow corn
sold here yesterday nt 34* » bushel pre
mium over September. The fact that farm
ers nre *o reluctant sellers Is proof thnt
the crop outlook Is not flattering.
Still believe that later ou In the crop
year we will see much beter prices for
osts.
The provision market acts ns though pack
ers were not willing to see nny ndrance.
The Chlcngo Evening Dost: John J.
Stream has returned from a short visit to
New York, and reports the advance In price
of wheat has driven foreign buyers out
of the market. Ulae In corn prices has also
extinguished what little export demand had
existed, nnd large New York houses In tho
export business nre reselling at a good
roflt corn they had Imnght In Chicago
nr foreign customers. "Receipt* of
t the son board Wednesday were lnr
•aid Mr. Htrenin. "and they are looL.. „
for n heavy break iu cash price* of the lat
ter cereal within a few days should prescut
rate of their receipts l>e maintained thnt
long."
Fort Dodge, lown, reporta Indicate that
corn will be two-thtrd* of crop If frost
Is postimned thirty days. North of Illinois
Central and onst from Fort Dodge the ea-
tlmatcs were very low, not 26 per cent of
a crop In case of frost during September.
A Liverpool cablo says Russian wheat
very near n calamity, and senders of dis
patch state they tieiievc this reliable In
formation.
I. C. Gifford on the corn situation saya:
"The com crop of every state this year
Is below average, and tho big surplus atatea
will have very much lesa than usual to
sell, while the states that produce only
part of their requirements will have to buy
much more thnu usual. Ueaerves of old
corn arc ranch less than popular estimate."
Alberta reporting frost there Inst night.
It Is said the bulk of wheat raised there
Is of the winter vnrlsty and tin* already
been harvested.
Minneapolis stocks of wheat decreased
,060,000 bushels ‘
.ecresse In the
000 bushels.
Ross T. Brayth, Uverpool, cablod
Ilstoly: “Urospects for Russian wheat crop
distinctly disjointing outturn."
Iowa reports on corn were generally un
favorable. Rlnlrshurg dealers claimed thnt
It would take until the middle of October
with good weather to rtnen com nnd
that there was not much old corn left In
the country. A dealer at Cedar Rapids
who operates fourteen station* lu contig
uous territory said that the prospect was
for s crop of not over 6 psr cent without
John Gtddes wired A. J. White from Win-
nl|wg thnt returning travelers from the
best wheat sections In Saskatchewan report-
Broomhall cabled that British millers were
beginning to buy durum wheat more freely
as they have evidently found a way to use
It profitably. American millers have also
quite generally fouud a way to use It. but
aro saying nothing about It for fear of the
prospect of a rapid narrowing of tho differ
ence between durum nnd other varieties of
milling wheat. According to the boat avail
able estimates 45.000.000 to 55,000.000 bushel*
of durum wheat were mined laat year, and
according to the recognised trade reports
only 22,000,000 bushels were exported.
CHICAGO CLEARANCES.
Chicago, Aug. 30.—Following wera
the Chicago clearances; Wheat 371,000
bushels, flour 30,000 barrels, com 80.000
bushels, oats 4,000 bushels. Wheat and
Hour equal 461,000 bushels.
PRTMARY MOVEMENT.
Chicago, Aug. 30.—Wheat receipts
today 615.000 bushels; shipments to
day 1.098,000 buahela. Last year re
ceipts 489,000 bushels; shipments laat
year 579,00b bushels.
Core receipts today 348,000 bushels;
shipments today 384,000 bushels. Laat
year receipts 521,000 bushels; ship
ments last year 465,000 bushels.
COTTON 8EED OIL MARKET.
NEWS WAS BULLISH!
PIT CRm SELLERS
Resulted in Early Decline,
Which Was Later Re
covered.
WEATHER REPORT.
the elevator Interests. Foreign mar
kets were all higher, but a claim
made here that Liverpool hud been
rigged. There was u big export de
mand and a free rnoventerg on that ac
count. The visible supply Increuaed
665,000 bushel*.
Corn was higher and quite strong, yet
It suffered from raiding early in the
day. Bad crop reports were received
from the southwest and those from
somo other section* were not good.
Oats were comparatively dull, but tho
market was Arm.
CHICAGO GRAIN MARKET.
Following nre the Chicago grain nnd pro
visions quotations for today, compared with
yesterday's close:
Previous
Open. High. Low. Close. Close.
WHEAT-
September. . . .
October
November
December. ....
January
March. .......
Closed steady.
FISH.
FIR!!—Bream, 70c pound; stumper. 10c
pound; trout. 8c pound; blue Ash, 7c pound;
pom pa no. 30c pound: mackerel, l*4c pound;
mixed fish. 6c pound; fresh water trout, 8c.
BAGGINg”~AND TIE8.
BAGGING—1% lb.. 104e; 2 lb., lie; 2*4 lb.,
llUe: re-rolled (aeeoad-band), 74c.
TIES—New $1.16 bunch, second hand $1.06.
fc ££
May.... 102
CORN-
“KmU®
Si
May.,.. 494
DORK—
Sept.. 15.50
Jnn.. i&. 75
LARD—
Rept... 3.96
Oct... 9.06
Jnn... 8.70
KIB8—
Rept... 1.60
Oct... 8.60
Jnn... 8.074
JOt
604 61%
4 i a
8.66
8.674
8.10
15.374 15.45
15.60
15.624 15.76
8.874 8.96
9.024 9.074
8.70 8.724
8.45 8.65
8.65
8.10
15.474
15.ft»4
8.45
8.574
8.074
THE LIVE STOCK MARKET.
Chicago, Aug. 30.—Hogs—Receipts 10,000.
ttle—Receipt* 15.000. Mnrket steady;
beeves 84.15ft7.60; cow* $1.3005.66; Texas
steers $3.9005; calve* |5.60ftf»): western
$*.2006; Stockers nnd feeders $2.6006.10.
Sheep—Receipts 8,000. Mnrket weak; na
tive $306.60; western $306.60; yearlings $6.60
06.30; iambs $5ftT30; western $607.30.
WEATHER CONDITION®,
Cloudiness prevail* in the northern state#
from New England and New York west-
ward to the Daelfic. while over the southern
half of the map dear skies predominate.
Showers have »»ceurfed In tho Ohio valley,
the western lake region, at scattered sta
tions In the northwest nnd on the enst gulf
const and the„ south Atlantic. Rnln was
falling this morning nt Cincinnati.
The temperature has changed but little
except nt scattered stations.
The pressure continues fiat with no well
developed high or low area*.
Fair weather Is Indicated fbr this vicinity
tonight and Hnturdsy.
COTTON REgToN BULLETIN.
'or the 24 hours ending st 9 a. m.« 75th
rjdinn Mmo. August 30. 1907.
DISTRICT.
Atlanta, cleur. ...
*Cbattouoogn. dear. .
Coluiulms. clear. . . .
Greenville, clear. . . .
•Macon, clear
Rome, dear
Toccon. clear
Mpnrfnnimrg, clear. . ,
•Minimum temperatures nre for \2
ending 8 n. in., this date.
Max. 1
Wis.3
hours
Atlanta
Augusta
Charleston
Galveston
Little Hock. . . . .
.Memphis.
Mobile
Montgomery
New Orleans. . . ,
••Oklahoma
Savannah. . . , . ,
Vicksburg
Wilmington. . . .
01 STRICT AViRAGfS.
Special to Tho Georgian.
(From Hayward, Vick A Clark.)
New York, Ang. S3.—Bartlett, Fraxler A
Carrington: London market Irregular. Can
adian Pacific rather weak. Erls first shows
strength. Wabash more In favor.
The New York Times pithllsnes what Is
stated to be authoritative Intimation that
New York Ceutrnl dividend will be at the
regular rate.
The traction muddle show* no Improve
ment. but stocks sre holdiug well and pre
ferred Is In fair demand.
The very promising outlook for eoal
should hai’e dbod effect on the coalers.
There was very little disposition to force
shorts to qover. and this Is regnrded by
some as good strategy, and will prove lurae-
fids! when the propitious moment come*.
Stocks nre said to lie In demand In the
loan crowd. Reporta from leading hanks
■how their holdlnga of good dividend-paying
stocks to be quite large, and will have good
effect market wise.
Amerlcnus *n Loudon lower 14 below par
ity. General London market heavy, with
special weakness Ineonsals and Rio Tin-
toe*. Big borrowing demand for stocks
In loan crowd.
The New York Times says Thomas F.
Ryan will return very soon, the traction
crisis having cut short his stay abroad.
It Is persistently rumored that Attorney
General Bonaparte will leave the cabinet.
Town Tonic*: The constant dribble of
long stock from Important sources Is again
causing bearish sentiment, and we look for
lower prices during the next week, predi
cated on such developments as the begin-
nlng of testimony tu the Rtandard oil dis
solution suit nud the action to he taken
with reference to the reorganisation of the
Iuterhorough-Metropolltan. Home of the
biggest shorts hsv« not covered their lines
and s sharp attack wi values Is to he ex
pected to assist In this operation, while the
banking Interests wilt not lie disposed to
grant any but scale-down support. The low
records of the year rare likely to be ap
proached In eotns stocks, but we urge
ment that will not stop until advances of 10
to 20 point* shall have t>een recorded In
the leaders.
Tomorrow's tmnk statement outlook Is not
favorable. In view of the heavy cash tosses
to the Interior nnd the •nb-treaenrr. while
the government deposits will scarcely | H > re-
fleeted until next week.
breaks for turns.
rnnndlnn Dnclflc It quire weak In the Lon
don market, and other Americana are reac
tionary.
LOSSES IN STOCKS
FRACTIONAL EARLY
Trading Was Fairly Active
During the Morning
Session.
TREND WAS UPWARD
Holidays On Saturday and
Monday Caused Even
ing Up Transactions.
nf nun u» iic
e of n triple holiday,
r, displayed a distinctly
Offerings of stock*.
THE LONDON STOCK MARKET,
STOCKS-
Annconda
Atchison
do, preferred
Amnlgsmated Copper .. ..
Baltimore and Ojflo .. ..
Chesapeake and Ohio .. ..
Canadian Dnelile
Erie
do. preferred
Illinois Central
Ixuilsvllle and Nashville..
Kansas and Texas.. ..
do. preferred
Mexican, Central
New York Ceutrnl
Great Western
Pennsylvania
Ontario and Western .. ..
Sorthrrn Pacific
Norfolk and Western .. .,
Philadelphia nnd Rending .
Uock Island
Southern Pacific
Ron them Railway
do, preferred
Rt. Paid
Union Pacific
United States Rteei .. ..
do. preferred
Wabash
do, preferred
m
MINING 8TOCK8.
alien 12%: Bingham ••rm* »
Mohawk 69; Eutaw 43; Osceola 106.
THE COFFEE MARKET.
market for today:
T7 indicates Inappreciable rainfall. (1) for
yesterday. (2) For 24 hours ending 8 a. a.,
-5th merldlsu time.
••Missing.
Remarks.
The temperature remnlna practically sta
tionary In nil sections of the cotton belt.
The rainfall lias been heaviest In the ex
treme esHtern nnd southern aetdons, and
deficient In the central nnd western sec
tions.
J. I). MARBURY. Bectloo Director.
WEATHER FORECA8T.
and general onndlt
The northwestern depression has been
checked In It# eastward movement since
pressure Is now rising In the northwest,
second depression, however. Is forming over
the Great Basin. In eastern districts the
•metric condition* harp changed but lit-
little rain bus fnllen except In
£3,
LIVERPOOL GRAIN.
Wheat opened 4 lower and at 1:30 p. m.
UffH higher. Closed 404 higher.
Corn opened unchanged nnd nt 1:80 p. m,
404 higher. Closed 404 higher.
CHICAGO CAR LOT8.
Wheat
Corn.. .. ..
Gats
Hogs, head..
Today. Toroor.
VISIBLE 8UPPLY GRAIN.
Chicago, Aug. 30.—Following Is the vlslbls
supply of grain Friday,^August 30:
Week.
Wheat 51.51S.CW)
Corn 3,883,000
Oats 1.662.000
Last
Week.
60,963.000
4.926.000
I.348.0QU
I.nst
Year.
31.229.000
2,607.0ft)
6.870.000
alley nnd portions of the lake
region.
The weather tonight nnd Saturday will
!»e generally cloudy with occasional
kies of rnln In the middle Atlantic
flaml. Elsewhere fnlr Wi
hange In teuiperatura la Indl
caveu.
Forecast until 8 n. m. Saturday:
Virginia—Fnlr tonight and Saturday; light
vnrlalilc winds.
North nnd South Carolina—Fair tonight
and Saturday: light northsaaterfy winds.
Georgia, Alabama, Western Florida—Fair
tonight ulid Saturday: light variable wind*,
Eastern Florlds-Whower* tonight or Hat
tirdny; light variable winds.
Mississippi—Fair tonight and Saturday;
light southerly wind*.
Kentucky and Tenne**ee-rartly cloudy
tonight nnd Saturday; little change la tem
perature.
Louisiana—Fair tonight and Saturday, ex-
rept showers Saturday In southeast portion;
lleht vnrtnlilc winds on the cna*t
‘Western Texas-Hbowtra tonight and^Sat
urday. except fair In southeast portion.
Eastern Texas. Oklahoma, Indian Terri
tory and Arkansas— Fair tonight and Sat-
.. . .6.76-5.86
V ”,.5.965.95
.. . .5.990.00
.. ,.6.00.6.06
6.05-6.10
.. ..6.104.16
’ ’. i.eo-R'jft
.. ,.1.65-5.75
,6.75-5.80
nTiinwr .. ,., ., ,, ,, ..n.ix-w w
Closed steady. Rales 10,000 Imgs.
opening
t coffee
5.D-5.S5
6.85 5.96
5.954.00
6.00-6.06
6.00 6.(6
6.064.10
6.104.15
6.05.70
5.(65.70
5.70 5.78
5.75-6.80
BANK STOCKS.
Central Bank & Trust
Union Savings. Lowry
National. Prices on ap
plication.
HILLYER INVESTMENT CO.,
Bond Dep't. English-American Bldg.
Ing was again v*
expected on the
The market, howeve
buoyant undertime.
whenever made at n concession.
promptly absorlied and the superficial Indi
cations were that the short Interest was
Incoming Increasingly anxious about Its po-
sttlou. Attempt* were made, under the en
couragement of a lower l-ondmi market, to
open price* down n* fi»T n* possible. Tho
lending Imsuos accordingly fell off 4 point
or so during the early trading nnd *01110
special trading ftppenred ngnlnst the Cop-
had become rather seriously unsettled,
was demonstrated again, however, as It has
repeatedly been nil week, that on any reces
sion In price* the demand Was far In ex
cess of the mipply througnut the general
share list When efforts were made to
force the abort side, there wSS ■ quick ad-
ent recovery began n week ago.
New York. Aug. 80.—Quotations at tha
opening of the stock marSaf were generally
lower, allowing declines of from 404 por
cent, the latter being recorded In Great
Northern preferred nnd Ontario nnd West-
ern. Reading was off 4. Union Pacific,
Southern Pacific nnd Pennsylvania ware off
4. nnd AtehlMon showed 4 decline. Tha
Erie preferred shares advanced 4 for Imth
classes. Amalgamated lost % and Smelting
receded 4.
Cloning bids 'follow:
RAILWAY STOCKS.
Atchison
Baltimore and Ohio
Canadian Pacific
Chicago and Northwestern ..
Colorado Southern
Denver nnd Hia Grande ..
Erie
Illinois Central
Loulnvllle aj»d Nashville
Manhattan "L"
Mexican Central .. ..
Missouri Pacific
New York Central .. ..
Pennsylvania
Reading
Rock Island
do. preferred
St. Paul
Southern Railway .. ..
Union Pacific
Interboro-Metro
do. preferred
Great Northern
* <•'
86 3-4
.. 90 3-4
. .165
..144
.. 22 3-8
.. 22 3-8
.. 201-4
..104 1-4
..108
.118
. 19
.. 68 1-t
..104 1-4
..118 1-4
.. 94 1-8
.. 201-8
.. 45
..121
.. 15 3-4
..127 3-4
.. 9 7-8
.. 29
..124 3-8
Miscellaneous.
Amalgamated Copper .« .. .
American Car and Foundry .
American Locomotive
American Cotton Oil
American Smelting and Refg.
do preferred
Brooklyn Rapid Transit
Colorado Fuel and Iron .. .
People’s On*
Pressed Steel Car
Sloas-Shcffleld Steel .,
Sugar
United States Steel ..
do preferred
Mackay Cr». pfd
Vlrglnla-Carolina Chem
72 1-8
39 1-2
52 3-8
32
97 1-8
98 1-2
.. 46 1-4
.. 24 1-2.
.. 86 3-4
.. 28 5-8
.. 46 3-4
..118
.. 34 1-4
.. 94 7-8
.. 64 1-8
.. 20 1-2
MONEY AND EXCHANGE*
New York. Ang. $>.—Money on call 2403;
time loans firmer: sixty days, ninety days
and six month* 6407 i»er cent.
Posted rate*: Sterling exchange $4.83449
4.874, with iicrunl business In bankers’
Mils nt $4.8420 for ilcumud nnd nt $4.82200
4.8226 for sixty day bills.
Prlnm mercantile paper unchanged.
London Imr silver 3-16*1 higher at 31 7-16*1.
New York bar silver 684c.
Mexican dollar* 524e.
UNION
SAVINGS BANK
Could Building
CAPITAL STOOK . . . 8100,000.00
RESOUROEI
8260,000.00
4°
THE AMERICAN AUDIT COMPANY
Home Office, 100 Broadway, New York City.
F. W. LAFRENTZ, 0. P. A., President.
C. E. M.nuarlng, Vic. Pr.tid.nt, Th.o. Cocheu, Jr., C. P. A* Sre. and Tr.i*.
BRANCHES
THE METAL MARKET.
N«w York. Au.. W.-TIn w», wyik .t »
to** of Jt points In the bid and 50 paint*
In the asking figure.
Hpelter was down 4 point.
Popper nnd lead unchanged.
ALONZO RICHARDSON & CO.
Public Accountants, Auditors and Bank Examiners.
Audit*. Special Examination., Costing and Sjr.tematizing,
EMPIRE BUILDING, ATLANTA. GA.
ATLANTA—Koarth N»t*l Dante Bld»
CHICAGO—M.rquett. Building,
THILADBLI TA—BalUvae-Stratford.
SAN I r.ANCISCO—B«ld<a Building.
NEW YORK—Waldorf-A.torta.
BOSTON—Bxcii.nc Butldlnf.
WASIIINOTON—Colorado Bulldtn,.
NEW ORLEANS—H«nn«n Butldlns.
BALTIMORE—Fidelity Bnllding.
LONDON. ENGLAND—4 King Street, Cheapsld*.
AT-ANTA BRANCH 1015-18 Fourth National Bank Building.
C. B. BID WELL. Resident Manager.
Tslsphone, Main 872. Cable Address. Amdlt, N. Y.
Im H. Fairchild. Established 1885. J. White
L. H. FAIRCHILD & COMPANY,
NEW ORLEANS.
Member.:
(few Orlran, Cotton e<eb*Bf*. New York Coffn E.cb.nto,
N.w York Cotton Exchange, New Orleana Hoard of Trad,.
X.w Oeteao§ Stock Bichnoga. Chicago Board of Trad,.
LIVERPOOL COTTON ASSOCIATION. ,
Print. Wire, to NEW YOHK and CHICAGO. Orders solicited for future da.»
«t 00 .ho,. Mist B. C. COTUBAN.
FBAKK HAWKINB, Prcridont.
B. H. ATKINSON. Vlre-President
jdSEPU A U'COBD, Vlco-Praldelt
Aaal.tnot Caablw.
Third National Bank
Capital .... $200,000.00
Surplus and Profits $400,000.00
NCNNALLY,
Director,i
Mn/niN*FCANK HAWKINS, CAIUtoi'.i'TavSs*.
JOHN W. CHANT. It. M. ATKINSON, E. It. ItoXSKn,
It. Y. U’COBD, JOSEPH A. M’COKD. DAVID WOODWARD,