Newspaper Page Text
12
1TTE ATLANTA GEORGIAN AND NEWS: SATURDAY, FEBRUARY If), 1010.
ARGO, JESTER & CO.
COMMISSION MERCHANTS
82 Beaver St.
New York City
MEMBERS
New York Cotton Exchange,
New Orleans Cotton Exchange,
Liverpool Cotton .Association
Cotton Stocks Grain
Correspondence Invited.
Market Letter Mailed on Application
* WEEKLY COTTON STATISTICS +
+ +
exchange statement <»f the movement of «*ot-
ton shown a decrease in the movement Into
eight compared with the seven days Inat
year. In round number*. W.Ofr). n dermiae
under the name days year lief ore Inat of
•O.flOO and n decrease tinder the name time
in 1K0; of 121.000.
For the eighteen da/a of February the
totals allow a decree*e under hint year of
364.000. n deereii** under the »nmo perlml
year Iiefore l*«i of J74.«en> and a deoreaae
under the mine time In 1!«»7 of
For the 171 dnya of the aeaaon Unit have
elapsed the aggregate l*» lieliind the 171 dit)*
of lust year 2.4W.WW. ledifnd the niiiic dnya
vear Iiefore Inat 476,000 and behind 1!*»7 by
2.201.000.
The amount brought into eight during
the paHt week line been 102,021 billet ugnill«t
242.4*6 for the eeven dit.ru ending fide date
Inat year. 21MJ0 year In-fore Inet and ‘292.849
aaine time in 11*7: mid for the eighteen dnye
of February it line been 383.869 ngnlnet 74.**.-
220 laat year. H57.4&5 yenr Iiefore Inet mid
791.138 aame time in par;.
The movement nlnee September 1 show*
receipt* at nil United State* porl* 5,911,299
agalnat ?,.n9.'«2 Inet rear, S,72e,'*oo year be
fore Inet and 7.904,Or,7 an me time In 1907.
Overland acroaa the .MlMMletlpid, Ohio and
Potomac rlvere to Northern mills and U'ihi-
ada 000,141 agalnat 800.829 Inet year. 461.935
Tear before laat and 886,767 enine time In
1907: Interior *tnek* In evre** of those held
at the close of the commercial year ;.?r».ir»l
agalrut 652.425 laat year, .'fid,.ill' year Iiefore
fast and 444.489 miiik- time in 19m; Sonthern
mill taking* 1,328,000 ngnltiMt 1 ,rji*4.4:i1 Inet
year. 1.317.366 yenr Iiefore Inet and 1,380,058
anme time In 15«7.
Theac make the total movement for the
171 daya of the eeaeon from September 1 to
•Info 8,414.5.H acalh.l ln.KTMi.T77 Imp ronr. a.-
WO.*0!> year Iiefore laat nnd 19.615.3*1 enine
time In 19<7.
Foreign exports for the week have been
126,698 agnlnet 139,110 Inet year, tun king the
totnl thua fnr for the aennott 4,455.528 ngiiinet
ti,370.74" last year, n decrease of 1,910,219.
Northern mill taklnge and t'anada during
the past aeven dnya show n decrease of
32.956 tut compared with the correaponding
period Inat year, and their total taking*
elnrc September 1 liavu decreased 362,646.
The total taking* of American mill*— North,
South and 4’anada—thus fnr for the sciimoii
hare been 2,909,547 a gains! 3.303.702 laat
year. These Include 1.501.599 by Northern
spinners ngalnst 1,924.245.
Stocks at the nestionrd nnd the 29 lending
Southern Inferior centers have decreased
during the week 59.955 bales ngalnst WM
cresse du
season of _ ....
than at this date In l»v.
Including atocka left over nt |H»rt* nnd
Interior towns from the Inst erop nnd the
number of bales brought Into sight thua far
from the new crop, the supply to dnte !a
8,606,007 against 11.178.174 for tlie same pe
riod Inst year.
World'* Vlsibla Supply.
Secretary Heater’s statement of the
world’s visible supply of cotton, made up
from special cable nnd telegraphic nd\ Ices
compare* the figures of Ihls week with last,
last yenr and the year before. It allows it
decrease for the week Just doped of 2*. 195
against a decrease of i:t,4"9 last year and
mi Increase of 119,042 year before last.
The total vl-dbls.Is 4.006.203 against 4,093,3»'*$
Inst week. 5.894.075 last year and 4,773.047
Tear before last, rif this the total of Amer
ican cotton l« 3.370,203 ngalnst 3.421,309 Inst
week. 4.415,075 Inst year nnd 0.6*C.17I llw
f ear before last, and for all other kltids.
ndndlng Fgtpt. Brnall. Indin, etc., 1,296.*M»
agglnst 1.272.Olio last week. J,I75,0»» last year
nnd 1.169. *76 year before Inst.
The total world’s visible supply of cotton,
ns above, shows a decrease compared with
laat week of 27,145, a decrease compared
with laat year nf 927,972, ami « decrease
compared with year before last of 104,941.
Of the world’s visible supplt of cotton, as
nl*ore. there Is now afloat ami held In Great
flrltain nnd contlnetnl Rnmpe 2.524,Wit
agalnat 3,262,000 last year nnd 2,911,000 yenr
before last: In I’gypf 19^000 against 3I0,0W
Spinners’ Takings-
Secretary Heater gives the tnklnga of
American cotton by spinners throughout the
world ns follows. In round numbers:
This week 213.000 this year ngalnst 805,000
last year. SlGimO yenr Iiefore laat.
Total slime Heptemlier 1 this year 4.517,000
agsiIII*-f 7.447/mn last year nnd' 4.432,000 tlie
»H*fo
Of tills .Vorfhe
t.M.k l.5l
last y
Soothe
last ye
fdnner* nnd Canada
• bale - this year ngalnst 1.924.000
r nnd l.lus.onn the yenr before:
spinners 1,349,000 against 1,379,000
and 1.338,000 flic yenr Iiefore, and
•pinners 3.607,000 against 4,164,000
nnd 4,194,000 the year before.
ATLANTA MARKETS.
FRUITS AND PRODUCE.
I:«JHR—Fresh country, 22ft23c; cold stor
age. 19ft20c.
IJVK POULTRY—ileus. 45^5ta:; fries,
ring to alee, 25lr35c. Ducks, Pekin, 35®40c
ich: turkeys, 22023c per pound.
BRBSSF.B POULTRY—lien*. 17«14c per
pound: cocks, 84i9c; fries, 25<f/24e per pound.
Ducks, I4t*17c ja*r pound, Gceoc, I.Tb-lV pet
mind. Turkeys, 2&ff30c, owing to quality.
HA.MI7—Quail each, owing to ronultlon on
arrival. 20fr‘22%c. Dressed rabbits, 12%fftl6c.
PUOBUUK—Butter I Jersey) active, 254*270
per pound; country pack very alow, 16® 16c
per pound. Beeswax active, 23c per tgiuod.
Honey lu one-pound blocks active, 1${$12%c
per pound: In bulk, Mi9c |M-r pound.
IMP t VISIONS- I’reiuluin bacon. 22c; Um
pire bacon, 20c; Premium hams, 17%c; Win
chester brand hams, Itir: Winchester picnic
hnuis. 12c; prcinliiin K. II. Inrd, 15%c; 8. f,.
lard. 14 T *e* Jewel compound, 1t»%e; rib bel
lies. 14%«* : D. S. half ribs, 14V-
VKGKTABLFK Kgg plant. 82.0002.68 pet
entte. I’abbagc. 2<?i2%e; Florida, $2.2602.60
per crate; Irish potatoes, 954/9a* per bushel.
Oiilous, $l.2«^i I.3H per bushel. Spanish
.I*»4|1.I5. Sweet potntoes, pumpkin
175c per bushel: white, 40®70c per
Imshel. I.ettttce, $2.5*>4/3.00*per drum. Cait-
Iffower. 54|4c per pound. Uelery, $3.0*H|6.00
*er crate. IVjipcr. $2.60®3.UU per crate,
leans. 83.onft3.nU per crate.
Fit I ITS AND Nl'TS -Lemons, fancy Cal
ifornia. f3.75lil.U0; Florida oranges. $1.7B®2.0U
»er Im»x. Il/innnttft. fJ.Uuf/L'.M per 100 lunntdn.
.lines. 76c®$t.tMi |s*r 10o. Pen nuts, lu sneks
glug I'M pounds each, owing to grade.
| rrel tnc-
I’lneap-
FLOUR AND GRAIN.
FI.Dl’11—Kiegnnt, $9.25; highest patent,
$7.50; best patent, $7.R); standard patent
$6.9<); half patent, $4,fi»1; spring wheat pat
ent, $8.50. rntrlim, $6.5o; Hwnnsdown, $6.40
Home tjueeu. $6.5o; Supreme. $4.60; White
loud, $6.30; Sun Rise, $6.10; Ocean Spray,
$6.10; Tulip flour. $5.15.
SIIOHTM—llalllduy white. $1.95; Hed Dog
fancy, 75.pound sucks. $1.75: shorts, pure
wheat, cotton sacks, 75 pound*. $1.66; Oeor-
* ed. $1.50; stiorts, brown, 100-isitiiid
. $1.65; flue feed, 75-poutid sacks, $1.40:
bran. 100 and 75-iMiuud sacks. $1.55; salt
brlek per case, $1.0; salt brlek Ouedlentedt
per case. $1,75; salt rock per hundredweight.
$1.00; salt, 15-|H»uud sacks, 60c. Sugar beet
pulp. $1.15.
OltX t’holeo wiille, 2-bushel sack. 90c;
Itc. 2*ii-bushel sack. Vie; No. 2 mixed.
, 2-bushel sack,
oru chops. 90e.
OATH Fancy
Upped. GO
el I pned. fit’s'; w
*oof. tec; No. 2 wl
No. n White. 42c:' No. 2 mixed. 63c;
l mixed. 62c: cllppnl barley, mixed, 62c;
Oklahoma roat-pmitf, 47c; hurt. 7-V.
J4F.KDH (Siokeilt--t.erniiin millet seed,
$1.45; cniie seed, amber, $1.15; enne seisl,
nge. $1.15. Wheat (Tennessee) blue steim,
. . 0. Ilye Hjeoiglai. $1.35; Tennessee, $1.10;
Barley tTcnnossee), $1.10. Oats, turf, Goc;
rust-priKif, 87e.
IIAY- Alfalfa (choice grcenl, $1.60; No. 1.
$1.36. Timothy, choice large bnlea, $1.36;
choice third bal«gi, $1.30; Tiinotliy No. 1,
$1.26; Timothy, choice large bales, $1.36;
Timothy (clover mlxedt No. I, $1.16; Timo
thy (clover n»lxed» No. 2, $1.20; Timothy,
choice third bales, $1.30; clover hny, $1.10;
Bermuda, 86c.
CHATTANOOGA
AUDIT COMPANY OF THE SOUTH
C. J. METZ, c. P A.,
PRESIDENT
AUDITS SYSTEMS
All work executed by or under direct super
vision of CERTIFIED PUBLIC ACCOUNTANTS
EDITED BY
JOSEPH B. UVELY
MARKET NEWSf
Mr. Ltr.lT'. tormtr .T. TMLr,' \
mot jt HCttaf auktt. In I
th. South hM a*4« him ,
.nth.rity In hi. ipwlaltT. Wl *
RANGE OF NEW YORK STOCKS AND COTTON MARKET
(BY PRIVATE LEASED WIRE.)
Atlanta National Bank
ATLANTA, GA.
C. E. CURRIER, Prcildant H. T. INMAN. Vie* President.
GEO. R. DONOVAN. Caehler.
JAME8 8. FLOYD, Assistant Cashier.
Capital $500,000.00
Surplus and Undivided Profits '. .$850,000.00
We Solicit Your Patronage.
I
The American Audit Company
Home Office, 100 Broadway, New York City.
F. W. LAFRENTZ, C. P. A., President.
THEO. COCHEU, JR., V.-Pr*». end 8«e’y.—A. F. LAFRENTZ, Tree*.
BRANCHES:
NEW TORE—Weldorf-AitoHA ATLANTA—Fourth Nal l Hank Hid*.
W»STON— Eerhaiiirr Hulldine. CHll'AQO Meniu.ttr HiiiMliut.
WAfcttLNGTO.N-C«..,rad„ Bniidins.
NEW ORLEANS— .M.i,,n Rian, hr ^ ° ' ‘ , " U! ' N » rF " kcW
KALTIMoRE— Kr>-' r Builiiln(. Lk.NIniX. KNU.—K. So On »hutu
RICHMOND—Mutual Huitdlnir. Hank
ATLANTA BRANCH, 1015-17 Fourth National Bank Building.
C. B. BIDWELL, C. P. A., Resident Vice President.
• •'phone, M*m 872. Cabl* Addrtu, Amdit, N*vx York,
Prices Make Unexpected Sen
sational Break—American
Markets Followed.
New York, Feb. 18.—There was more or
less demoralisation in cotton circle* this
morning as a result of the sensational break
in Lirerpoal. At most that market vr*g due
to show 3 to 7 point* decline on future*.
The opening w*» irregular at 8 to 11 point*
deeline. From the opening the deelln* w*»
r*pid until at the clo*e, which wa* ea*r in
tone, recording decline* of 15^ to 18 points.
The Rtidden decided weakness In thw spot
market wss the *urprise of the day. In
f*<v of th*> most bullish weekly statements
ever issued by the Liverpool exchange mid
dling cotton declined 21 points to 7.80d,
within a few points of He in American
money. Male* ttggrrgnttd H,000 bale* at the
decline.
The influences making for tire aenaational
break In actual cotton nave not been made
public, it ran not he accounted for. taking
the situation into account, and must mean
that the English spinner ia determined to
get his supplies cheaper or abut up hia mine
until the supply becomes more abundant.
First prices in New York were 11 to »•>
•oints lower. May auJTerinf the most. Large
locka of long atulf
NAME OF STOCK.
Amalgamated Copper- • •
Am. Ice Securities. . . .
Am. Sugar Refinery. • • •
Am. Smelting. ......
Am. Locomotive. . . • • •
Am. Car Foundry. . • • •
Am. Cotton Oil. , . • • •
Am. Woolen . -
Anaconda . .
Atchison
Atlantic Coast Lins. • • •
Brooklyn Rapid Tntn- * *
Baltimore & Ohio. . • . •
Canadian Pacific. . . • • •
Chesapenko ft Ohio. ....
Corn Froducts. ...»
Consolidated. Gas. . •
Central
Colorado
5 3
m,
MV, 84', 84 V, 84
*8sa
Lco$iier. . .
-o orado Fuel ft Iron
Colorado Southern
ig
„ w „ ... , tnrown on the mar
ket, and In the first ten minute* the opening
decline* were increased aharpljr. While alight
rallies followed, the undertone continued
nervous. The weaknueaa at Liverpool was
attributed to heary selling by American iff-
* ThiAritlly of 10 point* atoadl^l the market
for n few minutes, nnd ♦hen there was an
other heavy rush of soiling. The closing
was very weak. M
March options sold down to 13.93, 4<
jHiInts—or $2.35 a bale-off the closing price
of yesterday. May was down to 14.0.1. n
loss of 46 points, and July sold down to IS 98,
a loss of 43 points. Another slight, rally
followed. _ A1 _
The liquidation of hmg stuff thru com-
iuImmIoii houses smothered th** demand. It
was estimated that the totul liquidation of
long cotton was more than ^ lOO.OD) bales.
One broker alone disposed of 25,0*10.
There was a slight rally from the low
levels In the late trading, leaving the close
steady net 18’ to 36 points under Friday *
Annin. . „
A wire froho New York says: “Chief sup
port seems to he covering by shorts. One
rumor says Interests on tide aide sold
about 125.000 bales In Liverpool. II I* es
timated 75,nno sold In this market early, and
ring an vs It mean* the elimination of n long
lino held by Memphis, Atlanta. 1'eII nnd
Scales.’’
Estimated receipts Monday
j-w.vinun npuinrrn. . • • • • • ' r '
Delaware A nudaon. ! l'«
Donrar A Rio Oranda «
Olaim.ra’ ■''!
Krl. jfl
_Uo. preferred. . . I I 4«
General Electric ! 136
Great Weatern. . *
Grea* Northern pfd 1ST
Great Northern Ora il
Hoek ng Coal A Iron I ..
Illinois Central
Inierboro "
. do. preferred 36
JOwa Central ..
Kanana Cltj Southern ; 8*
Kanana A Teana 44
do. pref.rre.1 . .
Total Min atorfce. 41-1~T.I aharee.
w
«*l
•ss
NAME OF STOCK.
Louisville ft Nashville
Missouri Pacific. . .
New York Central. .
Northwestern. . . .
National Lead. . * .
Norfolk ft Western.
Northern Pacific. . .
Ontario ft Western.
Pennsylvania. . . •
Pacific Mall.
t
*
t, .<
M
8-d
!j
1 s
3
23
v B
£0
81% g
: 102H 102**
138% 138H
I 46*4 46'
l 155% 155
^ ^ t
/20
56^ij 56%; 65% •
8M4 38%!
41% 43!* 43%,
a
■ BLTUC mill. *..#•
People’s Oaa Co. . . .
Pressed Steet Car. . .
Reading •
Rock island
do. preferred. . .'. •
Republic Iron & Steel.
do. preferred
Sloes-Hheffleld
Southern Pacific. . . •
Southern Railway. . .
do. preferred
St. Paul
Tennessee Copper. . .
Texas Pacific
Third Avenue
Union Pacific -
United States Rubber.
Va.-Car. Chemical. . .
Western Union
Wabash
do. preferred
Westlughouse Electric.
171%
50%
.. .*%
. 40* 40%
. 38%
.1 »»%
- 9%
. 188%
•
.. 60
127%! 126%
S»(
•aj %i
»)?.' »H4;
10 i S',
ISS« 4l 1R644
4«44 4s3)
30'4l 4.o»,;
slffl SOS
l» 120
SO'i 54H
‘j ss
138%' J—_
45% 45%
133% i 133%
169% 169'
49%
88 87%
40 * 39%
....! 102*1
77 | 76%
125% 125%
29 28%
«5%| 65%
146% 146%
3<i%| 32%
10 1 9
184%K|86%I
Stt( m
M IS
m\
4^1 gl!
::::! ?..i &
NEW YORK.
Qn.tatt.aa in rotten retort.:
PrtTTT
March.
March.
April. .
May. .
June. .
July. .
Aug.. .
Hcpt. .
Oct.. .
Dec..
a I A
III
.114.28 14.23114.151
•IlfJSI
.14.06
,13.40
.112.74
.12.47
.'12.34
as
,Tir
14.1413.9314.06
t4.18T3.9R; 14.06
iV.ie isiiiiV.io
13.66T2.4413.59
12.84 12.70 12.80
12.49 12.4<s 12.46
19 *U ! 19 99 19 «|ft
14.(0-06114.28-40
14.06- 06114.40-41
14.06- 07,14.40-41
14.05-07 14.41-42
14.19-21
Closed steady.
l ii
14.04-10
14.08-10
1168-80
12.80-81
14.51-52
14.30-37
14.:i6-37
13.88-89
13.06-07
MSI 12.62-63
12.27-29 12.46-47
LIVERPOOL.
Futures opened easier ns follows:
Qpeiilng Previous
Range.
February 7.71% 7.62
February-March 7.64 -7.63%
March-April 7.6* -7.66%
April May 7.66%
May-June 7.64 -7.51%
Jnne-.1uly 7.57 -7.48%
July-August 7.62 -7.41
August-Sept 7.22
September'-Oct... 6.76 -6.72
Octobcr-Nov 6.62 -6.53
November-Dee.. 6.50 -6.43
Closed easy.
Close. Close.
U64 7.80%
7.66%
J-«8
i.30
fi.89%
6.69%
6.60
NEW ORLEANS.
tjuotitleas In cotton futuree;
Murcli.
April. .
May. .
June. .
31
II
| |13.95 114.35
14.28 14.04il4.ll 14.11-13 14.48-49
1 114.19-22 14.68-60
. 114.35 14.46| 14.20(14.30 14.29-30 14.66-67
| * 1. 14.33-35 14.70-72
1 14.31 14.39 14. .'W-:» 14.76-77
13.68 13.68 13.68-71 14.00-05
12.90 12.90| 12.K5-90 13.05-10
12.36112.40 12.40-42 12.60-63
12.37 12.37,12.29-31 12.50-66
112.27 12.27 12.17112.25(12.22-24 12.4l-$4
NEWS AND GOSSIP
OF THE FLEECY STAPLE.
191".
3.000 to 4,001
Galveston 5.000 to 6,.V*y
New nrlcnnf ...
SPOT COTTON MARKET.
Atlanta, nominal; middling 13c.
Liverpool, easy; middling <.89.
New York, quiet; middling 14.50.
New Orleans, quiet; middling 14 lo-lC.
Hnvnumih. steady; middling 14%.
Augusta, quiet; middling 147*.
Halves ton, quiet; middling 14%.
Norfolk, steady: middling 14%
Boston, quiet; middling 14.5".
Philadelphia, quiet; middling 15.<».
Charleston, nominal: middling 14 15-16.
Middle, man Inal: middling 1oe.
Wilmington, nominal. ,
Baltimore, nominal; middling 16c.
Houston, quiet; middling 14%.
Memphis, nominal: middling 15%.
Si. Isolds, quiet; middling 15%.
Little Rock, sternly; middling 14%.
Louisville, firm; middling 16%.
PORT RECEIPTS.
Port receipts, compared with tame day
laat year:
I 1*10.
New Orleans.
Galveston. . .
Middle. . . .
Savannah. . . ,
Charleston. . .
Wilmington. .
Norfolk
Boston
I’aelfle const. .
"moT
1.946
.’I.4W
2.063
2.148
0)6 J 1,<W
Totnl. . . .
10.973
INTERIOR RECEIPTS.
Interior receipts, compared with same day
last year:
— —loioi
Houston. . . .
Augusta. . . .
Memphis. . .
St. Louis. . .
Cincinnati. .
Tot nf
2.196
391
1.156
4.386
~*1909.
6.146
472
2.279
2.02V
io.102
New Orleans, Teh. 19.—Liverpool shows
Bsvere decline today. Futures closed 10 to
111 down, against 7 lower due. Spot* 21
lower. In the absence of *ny serious politi
e*l occurrence the break i* generally looked
u(K>n as due to Belling orders from this side
on the disappointing visible supply state
ment coming on a narrow Saturday market,
and possibly »om* hear pressure fo facilitate
short eovvritig on our side before the holi
days.
Liverpool cabled: '‘America heavy seller:
narrow market.'' Another cable said that's
few firms alone had aold over 100,000 hales,
which looked like th* liquidation of an old
long intvreat that had been held in Liverpool
thru the previous break*. A spot house
raided: “Artificial market: affe«te<| unfavor
ably by New York and continental operator*
nelling freely: few h “*
a fair hnaines*. and
cotton to rover.''
there ia
»«» points lower, hut a*
long iiidn'il to liquidate here and
market was rather short, selling was re
stricted and merely based on the action of
New York. Ab soon as price* therv steadied
a little our market rallied lu points on buy
ing by abort* to cover.
Future* »re now at a very great discount
under spots, even allowing for rumored and
reported concessions. Many regard this break
today as a well timed Saturday bear move
to cover short* before the holiday!.
There was no rainfall in Texaa over night.
Shortly after 10 o'clock New York declined
sharply. Our market followed eery move
closely, as there is no independent support
and the bear faction in the North ia admitted-
iv in full control. May here sold to 14.20.
xfew York recovered in the last fifteen min
utes before the clove and Mar here recovered
to 14.38. With this in futures hedged cot
ton i* considerably underselling unhedged
holdings. This competition and the necessity
of fresh credit or cash, arising on the ap
proach of another planting season, might. It
feared, bring about pressure to sell spots,
ere I* no positive pronounced spot weak-
t* yet. hut the market is apprehensive in
this respect *nd watching.
(From Hayward ft Clark.)
N*w York, Feb. 19.—Carpenter, Baggot ft
'o.: Liverpool was due 3 lower on October
and 6% to 7 lower on other months. Opened
Irregular at 8 to 11 decline, dosed easy
at a net decline of 15% to 18 points on nenr
nnd 16 to 17 on late months. Hpots quiet
nt 21 points off; middling 7.89: sales 6.000
American 4.200: speculation and export 300,
Imports 1,000, American 600.
Estimated ports today 8.000 anglnst 9,000
last week mid 14,000 lost yenr.
Journal of Commerce: The market Is
more Interested in the March and May alt-
uution m»w than In anything else. It Is rec
ognised that May offers on opportunity t«
*uu<w>se the shorts because cotton can not
be bought *n the Month nnd delivered with
out n very heavy loss. At the same time
the market eeeuis to take It for-granted
that the spot Interests will protect the
May shorts Instead of taking their money.
There I* h long Interest out In March that
will undoubtedly receive the cotton.
MeFadden broker* looked hesvic.it seller*.
Cone sold shout 20,000 March. Mar *»d
July,, said to he for thl* Interest. Mitchell
a heavy seller. Craig broker* bought. Hollar
s goon buyer for foreign account. Sehill
and Mitchell offering large bloeks. hut cot
ton seem* to find many friends at this nric.
Following Is the statistical position of cot
ton on Friday, February is. ns made up by
The New York Financial Chronicle:
Laat
Visible supply .
American
In right, week
Mince Kept. 1...
Port stocks ....
Port receipt* ..
Exports
. Lilt
Week. Week
..4.687,890 4,754,763 5.603,878
..3,396,690 3.481.763 4,311.878
.. 145.939 139,434 220.525
..8.400.001 8,254,062 10,760.068
.. .668,368 703,460 X17..T78
ftfl.339 81.326 141.612
128,292 68.123 184.878
Inf. receipts 81.021 69,397 116,439
Ini. shipments .... 62.572 81.389 106.276
Int. stocks 690.302 708,751 794.206
Following Is the Liverpool cotton state
ment for the week endlug Friday, Febru
ary 18:
Week’s sales
which Atner....
export
1910.
103,000
98.000
1.800
3.60i)
78.000
1909.
42.000
89.000
1.100
1908,
47.000
45.0D0
8.600
1,000
101,000
K,
For MiHH'uIntlon 3.GOO
ForwanH 78,000 81,000
Total atocka 088.000 l.JSJ.OOO l.lU.OOO
Of which Amor 900.000 1,288,000 993.000
Actual c,porta 9.000 10,000 16,000
Weck’a receipt. ... S7.000 123.000 159,0)0
Of which Ainer.... 34,000 100,000 137.000
Hlnce Sept. 1 :.006.000 3,013,000 3,641,000
Of which Amer....l 671.0U0 3,565,000 3.130,000
.Stock. lll!o»t 165,000 363,000 360.000
Of which Amcr.... lop.ooo 30»,uOi) 345,000
Shorts Covering Caused Sharp
Advance in Wheat Near
the Close.
BT. LOUIS CASH QUOTATIONS.
Wheat—No, 2 red whiter.
Corn—No, 2.
Oat*—No. 2.,
..125 <fil25%
.. 63%
.. 47
Chicago, Feb. 19.—Wheat was firm st the
opening, hut trade was slow and the talent
was inclined to await development*.
Corn wa* lower, some pressure still being
shown from the bear*. ,
Oats were lower under pressure.
Hog product* were easier.
There w*s s rush of early seller* to get
tinder cover late and prire* hardened. Wheat
closed *4^ to 1 %c to the good.
Corn w*r up %c to %c.
«>•»* option* ranged % to %e better to
hanged.
iri
rT*ion»
mainly lower.
OHICAOO GRAIN MARKET.
Chicago grain quotations:
Provlou*
High. Low. Clot*. Close.
TIPS FLASHED
FROM WALL-8T.
New York. Feb. 19.—Tin* break In the rot-
mi market of yesterday caused »*> much
nsettlenient there wn* general liquidation
18.fR, Mh> 14.04. July IS.! ..
I. A break ..f 21 p«»liits Ju
l.her|*M*d .lid rutiin-s then* i-1im(b|
jH.liit* dowti. with pri
tug I*; t« P
»l|»» ;i-**4-rl Ilig
hud Ih.-i, w.J.1 t l»»-re .01
eiil#*, left the i»»ark«>t here
raefh-Mii\ rirtowr until the fh-
I had i**e» mtclie«i f..r Mar.h*«n.| Jul>
at IJ5.»»
rebuviiig lij
ylng by M
sill. Mav-h at it.
el renewed
other trail*
(From ilnyw^rtl ft ClaiQ.I
New York, Feb. 19.—Carpenter, Baggot ft
Co.: The character of the buying yesterday
was touch better than the selling. Look for
a good trading market with an upward
trend. Would buy stock* mi reactions for
moderate profit*, especially Rock Island.
Hear there i* still 0 very larg** short In
terest In Reading, and there U some tnlk
of n oqnwae and mu* h higher price* for It.
New York Financial Bureau: Sentiment
ia now iTiangitig * little and Is divided,
ft may become nttllish s*s*n. if *«, we be
Here the usual result will l>e seen, for the
notice* are u«*t out of a wide trading area
vet. The standard* nre still bargains on
recessions, but we would not refuse reason
able return* on ®! least part of holdings
during strength. The hank stateraeut today
I* not expected to lie Important. Press com
ment ami market literature seems cautious
ns a rule.
Dow-Jone* Company: A bill to regulate
court Injunctions lias been Introduced fu con-
gress. Directors of National Packing Com-
Hiny Indicted In New Jersey on charge of
Regally fixing prices. New York comity
grand Jury orders indictments ngalnst milk
trust. Public service commission orders
Interboro to Increase subway service. Hog
price* In the West are higher than *t any
time since the Civil war. President Winch
ed of the Frisco, finds no iudlenthm of
business reaction. Judge l.neombe rule* that
the Fourth-ave. line must remain n part
of the Metropolitan street railway system.
Reports from Kansas and Nebraska say
that winter grain U lielng injured by the
hanging weather. Charles M. Schwab says
that within the next ten years the United
.States will have * capacity of 40.000.%-o
, of steel. Missouri Pacific earns 3.54
psr cent on stin*k In 1900. United States
Rubber earning over $6,000,000 a year. Ranks
gained $3,000.00) on the week # currency
movement. Dun’s Review says the decline
In speculation* strengthens business coufi
dence. and thnt general conditions are much
improved. Bradstreets say* trade report*
nre more cheerful, with visible evidence of
expansion In Jobbing trade. Twelvo Indus
trials advanced .27. Twenty active rails
advanced ,7ft
Uric railroad earnings for the quarter!
ended December 31. net im-rease of $l,i.c6,'.CI. I
Open.
WHEATS
May.... 1.13% 1.14% 1.12% 1.14
July 1.04 1.04% 1.03% 1.04%
8 <Fohn 1,0 °' 4 w 1,00,11
May.. .*."*66% 66% 65% 66%
July.... 67% 67% 66% 67%
I^AaTB- ***
May.... 47% 47% 46% 47%
July.... 44 44% 43% 44%
He^C|_ 40% 41% 40% 41%
MOV... 23.66 23.67% 23.45 23.65 /
July... 23.50 23.65 23.40 23.6*1
LARD—
May... 12.60 12.72% 12.60 12.72%
July... 12.70 12.70 12.57% 12.71
He^ty^l2.«% 12.72% 12.62% 12.72%
Stay... 12.42% 12.45 12.35 12.45
July... 12.37% 12.40 12.30 12.40
LIVERPOOL ORAIN MARKET.
Wheal dosed % to % lower.
CHICAGO OAR LOTJ.
1.13
1.08%
99%
When I .
| Saturday. ! Monday.
THE WEATHER.
CONDITIONS.
Washington, Fob. 19.—Weather condition*
nnd general forecast:
The wcnthvr has become much colder in
the Kantern slate*, and the temperature was
below aero this morning in the interior of
eastern New York. Vermont and northern
New Hampshire. Very low temperatures ar*
*Ino reported from the upper lake region, up
jA»r Mississippi valley and the northwest.
There will be rain tonight nnd Hunday
along the south Atlantir roast nnd in Florida,
and snow in the upper lake region: else
where ea*t of the Mississippi river the weather
will ho generally fair tonight nnd Sunday.
The temperature will rise tonight in the
east gulf states. Tennessee Ohio valley and
the lake region and the north Atlantic states,
and Sun day throughout the Kasfern
Southern states, the Ohio valley and
lower Inke region.
Observation! taken at 7 a. m., central
Hme.
I Tam para tura.
Gains Averaging a Point Made
Throughout List at
the Outset.
By CHARLES W. STORM
lork tVntr.l were ii.rtlnjl.rl)- ,?£>„,* ;'**
P '. r . J h * r, A * lM ilivnit" ‘iaJS-
ra.trd m.kin* , n.t *.in of 1 Joint .Kl*?,
I..d oponod with . fre.tton.1 d^llo, *” 11
At tho ond of the Ar.t half hoar if t-i
lug the market hecamv very dull ana 1 ^*'
Rftee shaded fractionally from the bil P £j{
srt ssnsv b * p “ r ' hi *" d
.issrjisrjsz. hl .a'fizz.
The bonk itttora.nt todtr wtt .10.,i.
•how n join in rt.h of nearly *7.06n 0M
I’rodt t.kinc in R-adiny , •
•rnl, rr.ultrd in n bronkw of 3 n.tm!
n thnt .took from the hi.h
todny and onu.o.1 .ympnth.tic tellinc of £2
ntandard rnltrond and indu.tri.1 ,k„„
I.nion Pactflc loit 9 point, from |t,
prio., fin,,th.ro P.ridr th. ..mi, \»w T.fi
r.htr.11 point nnd other tenon in pr,n,.“
ion. rhe do., wa. artir. and .round”,
SiT mrL. W "‘ ,r0rti ,hm *
■ 1 —After a rood dul ,f
trr.Knlantp of th, opening a atrong ton. (,
rotoprd ln th. market nnd th. raijorit. 'l
the tending .fork. mad. inb.t.nti.l adr.ur.V
(pniolldat.d Om. after n fr.rtion.1 d.tliV.
it the .tart, mor.d up 1 point. Th. railroad
tut generally mad. frnrtion.l gain, Amin*
matvd wa. firmer, and after .hading . lit,',
on tlr.t Mien, ranged .lightly nbor.
day . close. Ste.l roio.S.
and
AI.Hcc. Tex. . .
Amarillo, Tex. .
Asheville, N. ('. ,
ATLANTA. GA. .
Augustn. Gn. . .
Illrinliiglinm. Ala.
«’hartc*f«u. S. t'.
Clin riot tc. N. C. .
iilengo. III.
Del IRo. Tl»
Fort Smith. Ark.
Gahchton. T*x.. .
lloiiMtnu. Tex. . .
JackNMivlllw, Fla.
Jupiter, Fla. . . .
Kansas City, Mo..
Key Wort, ho. .
Knoxville. Tenn. .
Macon. Gn
Memphis. Tenn. .
Mobile, Ala. . . .
Montgomery. Ala.
Nnshvllle, Tenn. .
New Orleans I*.
New York. N. Y. .
Norfolk, Vn. . . ,
Omaha. Nehr. . . .
I'nlestlne, Tex. . .
S11 vn ninth, Ga. . .
Ml. Idouls, Mo. . .
Ht. rnul, Minn. . .
Tuiupa, Fin
Taylor. Tex
ThoimiMvilie. Gn. .
Vicksburg. Mlaa.. .
Washington, n. C.
Wlluiliigfon, N. "
1 Min.
ita»i*e
■cTTvon hkrbmann;
COTTON MARKET OPINIONS.
Argo, .leister ft Co.: . For the pre«cnt it
look* safer to *vll on advant*-* than to buy
on dips.
K.dward Moysc ft Co : If a general searr
It.v of snpplies is to develop lat^r. the pos
session of an inr»r»st in the July contract
might prove valuable.
Uaily ft Montgomery : Mpveulatum is not
in the market to any extent, and the want of
it ia clearly shown.
Miller ft Co.: Chicago proved * good
seller during the early trading and Wall
Street, assisted by room trader*, wa* also
putting out cotton on all bulges.
THE BAPTIST FORUM
MAKES APPEARANCE
The fifsl volume of The Baptist
Forum, published In Atlanta, has just
been Issued from the press. It In an
attractive magazine, designed for the
preacher'll study and for all Christians
who desire to know more about Christ
and the Bible. It will be devoted to
Christian thought and culture.
Sila* L. Morris Is edftor-fn-chief of
the magazine, and it is published by
The Forum Publishing’ Company, 25
West Alabama-nt.
A complete list of prflqtfcaffy nil house*
Georgian's want columns on every Tuesdn.x,
tor rent in Atlanta It puhltMhed in Tht
Thursday and Saturday.
GENERAL FORECAST.
Wvather forecast until H p. m. Sunday:
Virginia-—Partly cloudy tonight and *8un
day ; probably rain on the coast Monday: ris
ing temperature .Sunday, and in the extreme
western portion tonight: moderate northeast-
erlv wind*.
North Carolina—Unsettled weather with
rain on the roan! tonight and Sunday; rising
temperature Sunday and in the western por
tion tonight: brisk northeasterly wind*.
South Carolina — Rain tonight and Sunday;
1»rt*k northeasterly wind*.
Georgia—I'naettlcd wvather: rain in the
Muithern portion tonight and Sunday; brisk
northeaMerlv wind*.
Florida—Rain tonight and Snndav, strept
partly cloudy in the northwest portion; wsrm-
nrthwest portion: brisk northeast
*1 wind*.
Alabama and Mississippi Part
weather and slowly rising fei
tonight and Sunday; 'moderate east
winds, x
Louisiana and Arkansas—increasing cloudi
ness and xrarmer.
Oklahoma—increasing cloudiness tonight;
Sunday unsettled *nd warmer.
Fast Tex**—Increasing cloudiness tonight;
Sunday unsettled and warmer.
West Texas—Unsettled and warmer to*
night: Sunday colder in the Panhandle.
CHRONICLE’S WEEKLY
REPORT ON WEATHER
New York, Feb. 19.—Advice* to u* by tvle-
graph from th<> South Indicate that ruin has
fallen In most districts during the week
with the precipitation light in Texas but
nlwive normal In |Mirtloiis of the Atlantic
and eastern gulf states. Snow I* also re
ported (n some localities. Wet weather i*
said to hnve hindered erop preparation* to
MONEY AND EXCHANGE.
New York, Feb. 19.—Money on call nomi.
nob Posted rate*: Sterling exchanr* S4.Be
In banker*' bU?
Sixty ite^hilte 0 ' 1 '' mnn ' 1 T,
Commercial bar silver 52%..\ nit .Mrnoi
of %c.
Mexican iJoJIar* 44c.
London. Feb. 19.—Bar a»lv*r at
24 M6d, an advanra of MAI. y 11
NEW YORK BANK STATEMENT.
N*w York, Fob. 19—The w**kly state
ment of the New *ork saaeciated banka ahovi
the following changes:
Cash reserve
Reserve increase
Leas IT. 8. deposit*, inereate...
Loans increase
Sprecie increase
Legal tender decrease
Deposit* increase...
-.25.10 p.
. -I1.507.27S
.. 1,604,1$'!
. . 107,300
.. 2.5I7.20U
.. 070,700
.. 1,480,900
471,400
• .2197 p.«.
MINTSQ STOCKS,
Boston, Fab. 10.—Opening: Lake Cesear,
62: F.lm River, 2%: Utah Consolidated. I'i:
Ariaona, 39%; Indiana. 35%: North Lila,
18%; Smelting preferred, 50%.
LONDON STOCK MARKET.
Stock quotation*:
STOCKS—
Amalgamated Copper.. ..
Anaconda
Atchison
Baltimore and Ohio.. ..
Canadian Pacific
Chesapeake and Ohio.. ..
Denver nnd Rio Grande..
Rrle
do. preferred
Illinofa Central
Kansas and Texas
do, preferred
IfOulavtlle and Nashville..
New York Central
Norfolk and Western.. ..
Northern Pacific
Ontario and Western.
Pennsylvania
Reading.. ..
Rock Island
Nouthern Pacific
Southern Railway
do, preferred.. .
Paul
Union raclflc
United Htatea Steel
do, preferred.. .
Wabash
do. preferred.. ,,
(Open now
T^nsi
.. licit mi
.. IIJI. tw.
.. UCi l»'rt
.. hi,
..l «1S
3»H| •>.
IMS WS
i*'S, ms
iw ws
WT
cl I 4!S w,
.rifle ms i-j
8TOCK8 AND BONDS.
mil. Jltkrt.
Atlnntn Brewln* A Ire C».
Altent. A Wret Point d,b«.... 104S 1«
Attent. 8<V. conpon W
Atlnntn 4V»«. 1823 conpon IMS 1JS
Atlnutlc Co.1 * Irt-I'o. comromi »■ P
Atlnntln <'o«l * toe Co. pW... W
Atlantir- Coal A Ire Co. now «n *
Attent. «.» I.lsbt 5. W'.j
Augn.l. Pootory..... *
Anxu.ta * s»v»un»li 111>
Central of OeorgtM, int Itn.-onif. «'»
Control of Gf-r.rgln, M lnremo. T9
Coiitrnl of tloorgln. 3.1 tnconi*’. .'
• Vntral Honk A 'Print Co 15,'
IHsl- t’otfon Mill, tte *:
Fourth Nntlonnt llnnk -]»
tioorgln Store 4!»«. ■■onpon l*
tioorgla Store tHn re*lnrer«t...
iw.r.ln Sure 3l4«. coupon
..drain Itnllw.r * Rlretrlc.... 1»
i J.'0r«tn Unit wo v A Kiretflr: pM 8. 1 *
Hullthweatern' Railronrl Ij;
Herein It. 1C A Rnnktnc Co... Si
itct.reln Huflwny A Klretric 5*. 193
Knrerprln. Mfg. Co.. Aurntn.. J-
U«TJ Nntlonnl Bonk 3*
7'rnnt C'oniponr of fleergte
nro.nl Ulv»r tlranlre t'o. tot
Thlnl Nallo.nl Bunk W
A.. B. A A. R. R. Co.'« tot »•.. •’
COTTON SEED OIL.
C.ttoo rewl oil aaot.tto.,:
NEW TORN COFFEE MARKET.
offre onotnllonn:
I Gp-i'liir. I Cloning.
" " J.1t«7r2(r
7.0007.16
7.0007.16
April..
May..
June ..
7.1067.15
6-9667.05
. 6,9&fi7.O0
BANK CLOSING NOTICE.
thi» decline In f Tueaday, February 22, Waahmgton’a ; lb
sliuultl e*M»i
furihei
« next
birthday, it a legal holiday. Tha banks •
composing tho Atlanta Clearing House
Association will be closed for business
on that day. DARWIN G. JONES, Mgr.
RfBERT J. LOWRY, Pres.
•■'""‘•-I" •I'Ui.l.t
) *-1067.15 7.1567.20
7. I<*7.IS 1 7.567.25
ijg*:-!}. 7.587.25
•-1067.15 . 7.l567.m
l-f6Si7.lt 7.15807.20
i-'M<7. in 7.15417.2»
-Hdi7.15 7.1567.20
Sal.* II.IlM Im| K „
• ie» \ ff. Ilnl.lerbv, !», lb. of the Al
MKMoUI.U. PHKsltYTKIlI.IV rhurHi
the Usilr..s.i V»i
Spot*
February
March
April
May
July
September.. ..
October.. .. ..
November..
Sale*, 3,900 barrel*7
NAVAL STORES
fire.
Savannah. Feb. 19.—'Turpenttn*
59: aaD*. 38; reralpt*. 70.
Rosin, firm: sale*. 393: raeeipt*. ,
ter white. $6.90; window flaao. ^
•6.50, M, 90.30, K, 85.75: *
$4.67% ; O. $4.60; V, $4.57%. K. 9*
$4.40; C, B. A, $4.25.
LIVE STOCK^MARKET
Chicago. Fob. If.—-
uisrkct. weak ond 5c ww»' “ fl.l *
butelier*. HJ0(i(P.*B: f?°7, • litht.
9.40: rough heavy, $8,fi.ij& • J
or 9.25: pig*. $7.6ur„0.7 »: k
. stark-”es st
Texsri*. $5.tHt0r d.5»i
Shcep -IfervipiB,
•hevp, $ 1.257.35;