Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
SMITH CLARENCE H
  2. Issuer Name and Ticker or Trading Symbol
HAVERTY FURNITURE COMPANIES INC [HVT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President & CEO
(Last)
(First)
(Middle)
780 JOHNSON FERRY RD., SUITE 800
3. Date of Earliest Transaction (Month/Day/Year)
07/23/2007
(Street)

ATLANTA, GA 30342-
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 07/23/2007   G(1) V 666 D $ 0 65,130 D  
Common Stock               89,173 D  
Class A Common Stock               1,950 I BY SPOUSE
Common Stock               6,900 I BY SPOUSE
Class A Common Stock               603,497 (1) I By Villa Clare, LP
Class A Common Stock               603,497 (1) I By West Wesley, LLC

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Stock $ 0               (2)   (2) Common Stock 3,059   3,059 D  
Stock Options (Right to buy) $ 10.125             10/21/1999 12/16/2008 Common Stock 6,000   6,000 D  
Stock Options (Right to buy) $ 11.625             04/30/2002 10/26/2010 Common Stock 12,284   12,284 D  
Stock Options (Right to buy) $ 12.9             04/30/2004 12/19/2012 Common Stock 22,000   22,000 D  
Stock Options (Right to buy) $ 13.875             10/21/2000 10/21/2009 Common Stock 25,000   25,000 D  
Stock Options (Right to buy) $ 15.94             04/30/2003 12/20/2011 Common Stock 30,000   30,000 D  
Stock Options (Right to buy) $ 20.3             04/30/2005 12/09/2010 Common Stock 25,000   25,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
SMITH CLARENCE H
780 JOHNSON FERRY RD.
SUITE 800
ATLANTA, GA 30342-
  X   X   President & CEO  

Signatures

 Jenny H. Parker, Attorney-in-Fact   07/24/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(2) Deferred under Directors' Deferred Compensation Plan. Settlement will occur upon the earlier to occur of (i) termination of service on the Board of Directors, or (ii) death.
(1) Commencing on 5/24/07, Mr. Smith and certain members of his family entered into a series of transactions pursuant to the formation of West Wesley Associates, LLC, a limited liability company ("WW") and Villa Clare Partners, LP, a limited partnership ("VC"). Mr. Smith and his family members contributed shares of Class A Common Stock of Haverty Furniture Companies, Inc. ("Havertys shares") to WW of which Mr. Smith is the sole manager. WW contributed all of its Havertys shares and Mr. Smith and his family members contributed additional Havertys shares to VC. WW is the General Partner of VC and Mr. Smith and his family members are limited partners and received percentage interests in VC in accordance with their relative contributions. Mr. Smith contributed 2,000 and 8,000 shares to WW and VC, respectively at their formation and an additional 666 shares to VC on 7/23/07. He disclaims beneficial ownership of shares held by WW or VC except to the extent of his pecuniary interest therein.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.