Newspaper Page Text
J.TliL' ATLANTA VJiXJKLUAJy A.N U JSliiWtS,
fading and Steel Common
Started at One Percent
Advance.
NEWS aND GOSSIP
of tho Fleecy Staple.
Sihk-IoI to Tin* Orarjdan.
(Ito* Hayward, Vick ft Clark.*
IM'W lork, Aug. 28.-iinrtl.tt. Frssl.r ft
Mrerpool wait due SV4 to W
Csrdaston: '
tti. wns quiet iu*t
3THER gains slight
i.t Midday a Better Peeling
Was Apparent With
Generally Higher.
\>w York. Aug. 28.—The cotton market
■ ril nctlvo anti Irregular, late month!
IXxrlnj: relative tveaknen on account of
I ke heavy preimro from a leading .broker.
Inrit orices tvora 2 points higher to 2 points
lioVer immediately after tho call tho prei-
litirr was relieved liy extensive commission
Ihotne loiylng and prices shot up quickly.
after making new high records for the
•onion daring the onrlr session, the cotton
.market eased off 4 or 5 points under realls-
■Inc nud selling hr some of the room traders
Isho were ex|icctlng n reaction.
I la the afternoon the lunrkct continued to
Irork oft tinder realising sales nud hear
Inre.mnrc, prices nt 2 o'clock showing de-
Irllaen ot some 10 poiuts.
I In the last hour the markets was
Leak, the close being easy at the lowest
(prices of the day, net 6 to 10 points un-
Itler the closing on Tuesday.
Statement of the movement of cot-
I Saturday
lllonday.
Total four days.
|since September 1
Scud-weekly Interior movement
1907.
1906.
.. 1.489
8,07*
.. 8.103
11.321
18,761
.. 3,305
11,306
.. 9,890
49,473
9,867,108
7.959,024
I Iteeelpts. .
I Shipments.
Istckn. . .
I35T1
ItSTl
woT
lOir
SPOT COTTON MARKET.
steady:
dy; niJdd _
Savannah, steady; middling 13c.
rnni-iesToii, nominal: munuiug lav*.
Wilmington, nominal; middling 13‘i*.
Norfolk, dull; middling 1314.
Si. LouIm. Htondy; middling 13*4.
Baltimore, nominal: middling 13%.
Bouton, quiet; middling 13.40.
Philadelphia, steady; middling 13.85.
Mobile, nominal; middling 13%.
Houston, sternly; mlddliug 13%.
Cincinnati, nominal.
I Houston. .
I.tugusf/t. .
I.MciuphlN.
■St. Louis.
■nmlunatl.
Total. , .
' r fwo hundred new
IHAYWARD. VICK &. CLARK'S
I DAILY COTTON LETTER.
Now Orleans, Aug. 28.—Judging from
wires received, the leading talent in New
■ York Is now* promoting the hull side In
■cotton and a hull movement in the mar-
I ki t seeuia fairly under way, Mr. Price
Imvs ho expects n bullish fiurenu report.
‘ • operators give shedding In the At-
I ha tics ami hlg spo t demand ss.reasons
■ for having Joined the hull ranks. The fact
I that such jioworful capital Is on the hull
| ol«lc Is n circumstance which must lie con-
I hldered. Our market opened a little easier,
I hut hnlllsh feeling Is vastly predominating
with hardly any opposition, although we
nro close to 13c, and general buying soon
I mused nn advance to 12.00 for October.
I Weather conditions are decidedly ntore fa-
I m'ruble, temperatures are generally lower
liu the west and general showers and cooler
I weather are Indicated for the next two
■ dries. Partly cloudy weather predominates
H In the eastern states with hardly nny pre-
■ dpi ration. However, the ball Yever Is on
I Hi cotton and for the moment little at-
Itf'iitlon Is given to more favorable crop In-
I fluonees. The Southwestern Cotton Buyers’
I Association makes the eondltlon of the
| Texas crop 60. against 75 last month nnd
I K Inst rssr. Liverpool follows the advance
I in the American mnrkets closely. Mill
I mnehlnery men Inform ill there is consul-
I era hie Increase In spindles throughput the
I South, and also In the Bast. Mills have
I done well and there will lie grant SoftM
I By during the eomlng season. Foreign coni
[j fiimers are not tin well under contract
‘ r raw material ns In other years, and
pport from this source nisy turn np
any time. The market droppet back
■ 12. «9 on realising, but Is steady again
pit this moment. A Kpeclflr occurrence,
I like n Htorm, heavy rains, etc., is lacking
‘ i provoke a steady flow of buying or-
y* and some oecaslonnl lulls and smaller
PWbncks arc natural and logical without
I changing the upward tendency. i
WEAVING MILL SUPPLIES 1 |jjj
j OF COTTON YARNS AR ELOW.
,—. Jw York Commercial: Cotton yarn prices
I continue to show a somewhat sagging tend
ency. and prices nre reported from day to
day which show that certsln spinners or
tln lr agents are wlUlug to do business for
future deliveries nt lower values. Although|
concessions are lieing offered, buyers fall to
show much Interest lu the market at pres*
*nr. but It Is known In certain circles that
supplies at the weaving mills are low and
must be replenished at an early date. For
some tlmo past it has l»een claimed by
lunnufneturers using cotton yarns that
prices were too high and altogether out of
»H proportion to the cost of raw cotton.
They have done their best to force prices
down, and have only been forced to stop
f by the fact that they had to purchase at
►ellers* prices to meet requirements, or go
without. ...
The pick of business has resulted In some
spin iters trying the market In order to ire
Just how Arm prices are. For anything like
near-by deliveries the market has .been
found to l»c Arm, but on future delivery
business Into next year buyers are demand
ing and getting concessions. Manufacturers
la many cases seem to be fairly well sup-
J piled with yarn, ov at least are trying to
five sellers that Impression. Home orders
have been put through .*n two-ply 20s at 26c
and iW two-ply at 29c. Business has also
l*een done en Singh* wnrpe mt ff* **•
*he Price on these keeping up well. On
hosiery ysrns prices nre keeping np twtter
« anything than they are on weaving.
Print Cloths Forced Up.
Taking Into consideration that mills can
5'»t catch up with the orders now on hand
for several months, sellers of print cloth
yarn construction good* nre again working
price* upward. As spots nre completely
nonned tm trading Is confined to futures
and on this business agents and brokers
ire getting spot quotation values for goods
to Ih> delivered as late as Demrmber. Ilegu-
wri for the Imlancc of the year bring 6%c;
Jble standsrds 7%c and 89-fncb 60x72* 8%c.
"'•ylng was moderate yesterday.
advance. At 1L,_ ....
i? Higher. Spot In moderate de*
mond 6 points higher; mlddUug 7.49; sales.
s.OnO; American, b.300. Speculation mid ex-
none ' Imports, 2,000 bales; American
Mitchell and Freeman good buyers of
Senteinljer.
Rlordnu sold about 7,000 January on open
ing.
It Iordan’s sale of January broke it to 12.48.
but It rallied quickly on buying by Mitchell
and the soma crowd who liought It* yestor-
narj* r,tl bu J* r of Deccrabef snd Jan-
..Foliowlhg arc 11 a. m. bids: 8eptemlK*r
JJ-JJ, Oetober 12.36, Jnnttary 12.54, March
Price brokers wpr» good sellers of Sep
tember on opening. lUordan’s selling Is
thought to llqnidation of some long cot/
ton taken on yesterday by a big local
trader. There Is no courage on the short
side and It looks higher, ns the Journal
of. Commerce report from Arkansas and
Louisiana reads Imd this morning.
Theodore H. Price has issued a bulletin
In which he says that while not lu nuy
souse modifying his previously expressed
opinion ns to the intrlusie value of cotton,
which he believes at the present time to Ik*
far above the figure which will nltluiatelv
be determined by the relation of the supply
and lU'inniul, he foresees the possibility of
a violent and sensational advance by or
before Mentemlior 10.
New Orleans, Aug. 29.—Hayward. Vick &
Clark: Liverpool was not ns good n» due.
Futures 7 to 8 up ngnlnat 9 to 10 higher
due.
Weather map now complete. Indicates
cloudy ftnd showers for Texas. Much cooler.
Weather map indicates cooler and showers
In Texas, bnt market pays no ntteutkm to
more favorable weather. The bull fover is
on and will probably carry It higher.
Look for general showers In Texas ftnd
Arkansas In next two days. Believe dry
spell will be effectively broken fa the west
shortly.
Waco, Tex., wires: ‘’Replies to the South
eastern Cotton Buyers* * fig
25th Inst, relative to
cotton crop of Texas iu. v ...» w
against 76 last month and 82 on July 26 of
Inst year. Bxeept In n limited area of the
northern part o£ the state, the prolonged
drought 1ms caused serious damage to the
crop. The unusually small plant has Ceased
growing and the shedding of the hloems
and squares has been general. Tin* bolls
on the plant nre mnch below normal troth
In number mid slxc, nud In nearly all of tho
drought-stricken districts nre opening pre
maturely. While the weevil have been held
in check to n great extent by the drought
nml heat, they have nevertheless continued
to do some damage. Their injurious ef
fects are most apparent Is the southern,
eastern nml central parts of the state. Jbiln
will possibly lie of some benefit In develop
ing already formed Iroll*. bnt our corre
spondents in the weevil districts are of the
opinion that It Is too late for new fruit
which might form ns a result of moisture
to make any Important addition to the
crop."
^ ■
|
Edited by
Joseph B. Lively
MARKETS
years’ cjjierlenca of ed
iting markets Jo Atlanta
•ml tho South ha* tnaiU
him a recognised au
thority fa his tpecfa'.tr.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
KAUR OF CTOCR.
ATLANTA MARKETS.
FRUIT AND PRODUCE.
EGGS-Actlve. 53c.
r.IYR I’OULTKY-ITeaA actlvo, 40C45c;
cblckcna (fresh), lShSOc. Ducks (1'ckln),
He each: pu-ldlc, 55c each. Turkey,, actln,
15J4c per pound.
DRKSflKI) POlff.TRY—Torkc/ft dram,
actlrc, 18 cent, pound; fries, actlre, 54c
pound; hcn,.15c per pound; duck,, drntrn,
fine., 16c pound.
PBODUCK—Lard, lie pound: bam, ae
Hr, 18c pound: nlvuildar, actlrc 1011 Ilf
pound: aide, active. 11c pound; butter dull;
04T12HC pound: bee,wax active, S8e pound:
honey, bright, active, loo pound: hooey 1,
•pound block, active, l!Hc pound.
FRUITS—!.etnona. fancy Meeaeno, M.54;
ananaa. 4c lb.; plneapplca. Florida stock,
i.one: limes, Florida atoek. per hundred,
(dc; peanuts In nek, averaging 144 pounds
each, owing to grade, per pound. 6H«Sc:
cantaloupes arilre, *104 crate; iraterme).
onit, 6<fl0c ench: Georgia peaches, *1.(00
‘ 75 crate; rhubarb, 75c earn.
VEOETAHt.ES— Potatoes, new, *1.71 bar
rel; per bushel. *1.30. Onions, Georgia, *1.50
1-r bushel; Spanish, *1.(0 crate: kraut, half
■rrel, *3.75; cabbage, 2c I»uud.
GROCERIES.
ntrR-Jap K»WHe: head 8flTr; fancy head
UTOr. according to the grade.
CHEESE—Fancy full ereaui. 17 cent,;
Georgia rano ayrup *7 cents gallon; salt,
lao-ponod. 80c; axle grcaae (1.75: aoda crack
— -*4c pound; lamon. Ic: oyatec. 7c; bar-
nndv. per poind. F4e: mixed, p«t
kpound, ate; tomatoes, t-pemei. *7.oo rose;
S-pouml. *126: nary henna. *2.38: unw henna
6Hc; best matches per gro„. 11.65; macaroni
*H<77e pound: sardine,, mustard, tl.26 ca,«.
RUOAR-Standard granulated. *U; Kew
York refined. 4.10: plantation. 6c.
COFFEE—Roaatcd Arhucklea *16; bulk la
h,ga and hnrrela 12c; green 11015c.
fihredded biscuit IS caae: No. 5 rolled oat,
H.iS rase; sack grits. M-pound bags, tl.fl;
oyster,, full weight. *3 case: light weight
11.10 ca,e; pepper, 18c lb.; baking powder II
case; red salmon. *5 rase; pink salmon. *4.!S
leans. S6e gallon; corn. 30c gallon; Cuba
potash. *3.550380 c„c: peanuti. »c; rof»
t ply cotton. 18c: ,oap. *1.(404 caw.
PROVISIONS.
PROVISIONS—Fupreme hnma Kljc. hellle,
Sljlffi pound! nverage. 0.S5; fnt baeka. 8.20;
Supreme lurd. 10. ^Purity compound, STfc.
rallfornlA bam,. 10c; dry sail extra rllia
5S ° FLOUR AND OP*IN.
FI.01JR—Highest palent. *5.76; heat pat
ent. »28; atnndnrd patent 14.76; half pat-
-ar! 84.85: spring wheat patent. *8.00.
CORK—No. J white. 80c; ehnlce white, 82c
o. 2 yellow. 7»c; mixed, 77c; cracked con
Ainal. Oojqn*i
Am. fee boraritle*. . «
Am. Sugar Hennery. ,
American Smelting. *
Am. isocomtlve. . . *
. <lo. prefprrexl, . . *
Am. Car Foundry. . .
American Cotton OH. *
Anaconda
Atchison
. do. ireferred. ...
Atlantle C. Line. , . »
Jlfookiyn Uapld T. . .
Baltimore X Ohio. . .
ChcMneake & Ohio 4
Canadian Pacific. . ..
Chicago Si Alton. . .. ,
Consolidated (>n». » ..
Central Leather
do. preferred
Colorado Fuel & Iron.
Corn Produce. ... . ; ,
Colorado Southern. .»
Lola ware <1 Hudson. » ,
Denver & lllo Grande. ,
Distillers’ Securities. 4
Grid. ...... # ... ,
do. preferred. . . ♦ ,
General Electric
Great Western
Gfeet Northern pfd. . ,
IHInoIs Central. . . . . ,
Interboro
,, do. prefer red
Ivnnins & Texas. , . , .
4
siii
sst
^Totnl stock sneis today,' 366.300 shares.
FAME OF STOCK
Knusas X Texas pfd. .
Louisville Sc .Nashville.
Missouri pacific. . . .
Mfxicnu Central. . . .
New York Central. . .
Northwestern
National Lead
Norfolk A Western. ,. ,
Northern Pacific. . . .
Ontario Sc Western. .. ,
Pennsylvania. . . . . .
ltock Island. . . . , .
do. preferred. . . .
Republic Iron ft Steel.
do. preferred. . . ,
Bout horn Pacific. . . .
Southern Hallway. . ,
do. preferred. . , ,
St. Paul
Torn. Con! * Iron. . ,
Texas Pacific, .....
Union Pacific
U. 8. Rubber
do. preferred. . . ,
U. 8. 8 tee I
do. preferred. • . .
Western Union. . . . .
Wabash.
do. preforred. . . .
Wisconsin Central. , ,
do. preferred. . . .
TIPS PLASHED
From Wall Street
NEWYORK.
The foltpwtnr la'the range fn cotton to*
The following la the rai
♦urea In New York today:
1 *’
a
k Ui
|
if
1 ^
2
2 |3S
S
Aug..
38?"
BE:;
Jan,, ,
Feb.. .
March
.111.71
m
.12.41
.12.62
'foswi
11.(Will.63
I1.091I.9O
iiV
I l.59-ft>
12.24-25
12.2 7-2‘J
12.34-35
12.43 12.43-46
12.46-481
12.67(12.67(12.60-61
12.6849
12.30-31
12.34-33
12.42-43
12.31
I2.66J.7
12.6142
12.6649
LIVERPOOL,
Following la the opening range, 2 p. m.
ind close, compared with yesterday’s close.
Sept.-
nov,-iiec..,. .
Dee.-Jan.... 6.75 -6.76’
Jnn.-Feb 6.74 -6.73
Feb.-March.. 6.74U-6.75
March-April. 6.75V44.75
April-May... 676 -6.76
Closed steady.
NEW ORLEANS.
Ths following It thn ronga lo cotton fa
ture* In Kmvr Orleans today;
1 ll IU
Ii
3*
J
a*
sent*:. *.: :\m\m
CK*t, . , . . 12.« 12.9ft
EvU
Fob
Jlnrch. . .(l2.79I12.83
13.'12
13.73
)lL69
wm
12.79
iV.ij
12.76
ti)
12.65
1183
lift)''
U.05
12.76-77
12.(1
U-(4
IP
12.75.77
13.<W
18.10
12.81-82
12.CS
12.66-57
12.71-72
12.75
12.80-81
Ck>«ed steady.
—^ —. —
NOTES ON GRAIN:
l*ointers nn Provision!.
Sperinl to The Georgian.
(From Hnywnrd, Vick Sc Clark.)
Chicago, Aug. 28.—Bartlett, Fratlee It
Carrington: Weather in England Is report-
ed more ur'avorable. With September II*
quldntlon o here, we ongbt to hnve
our wheat nml eventually must come and
take It.
Receipts of corn arc light, but the weath
er Is not warm and dry enough for corn.
We undoubtedly will have a nervous market
In Com until the crop Is matured.
Receipts of outs nre large, nnd It Is nos-
slide we may see some recession In prices
It looks ns though we have hml our
nenk In whent. and I should not lx» sur
prised to see wheat close higher. The for-
elgn situation seems to be pretty bullish
aud reporta from the northweat arc not
very favorable this morning.
Logan nnd Bryan lending sellers Decem
ber and May wheat 011 this rally.
Board of trade voted to keep open Sntnr-
Alcago Record-Hern Id: One of the sig
nificant foatnrra of the present situation is
the persistent small shlpmeuts of wheat
from Argentina and the strength displayed
In the South Ameriean mnrkets. Although
last year’s wheat cron there was much
* — nnd the ex-
are still about
TRADE III WHEAT
FAIRLY ACTIVE
Commission Houses and
Northwest Were Chief
1 Sellers.
ST. LOUIS CASH QUOTATIONS.
IVMItX* S red winter..
Corn—No. 2
Oats—No. 2
men
WEATHER REPORT.
WEATHER CONDITIONS.
The pressure la very unevenly distributed
over the entire map. It Is lowest In Kansas
nml on the roast of New Englnml nud hlgb
'•at In Montana and Wash* -
Cloudy weather pr*vails I
N. Imk., and Omaha, Nebr. Over
the South dry weather rontlnues.
The temperature haa risen In the North
west, In Tennessee nnd western North Car
olina; elsewhere the changes are small.
The conditions favor partly cloudy weath
er In this section tonight nnd Thursday;
probably showers Thursday.
COTTON REGION BULLETIN.
Taut
Into the doldrums nml its professional char
ncter Indicates that the more Important in
terests are satisfied to sit by artd watch the
proceedings, taking n hand from time to
time when the activities of the traders
counter to their wishes. There Is no
side buying to. speak of. nml It Is not
likely that Ivoudon will take mnuy more of
our stocks until the situation clean a little.
Attempts may Ik* made today to drive In u
few more shorts, but thl* policy has onl;
served to weaken tho technical position nm_
reuder the market more vulnerable. While
some of the better class of seurltles are
undoubtedly cheap, in view of tbe weak
places In the situation, we would not care
to advise even their purchase -except for
cash as a permanent investhietn.
Next week’s Standard Oil suit will be
watched with (merest nnd will doubtless
be productive of considerable Iwnrish am
munition. while the Brio dividends, which
will likely Ik* acted upon today, nre not ex
pected to provide any great amount of bull
ish enthusiasm. In view also of the con
tinued strength In the grains and cotton,
the calling of commercial nnd manufactur
ing loans nnd the falling off In demand for
steel, iron, copper and vnrtoua commodities
we would advise Intending Imyers fa waft
for considerably lower prices before taking
ou even the liest of stocks.
t’orn and oats seem too high, nnd we
would not buy either cotton or wheat ex
cept in ease of marked reaction for a turn
Most America us
market.
steady lu Londou
MINING STOCKS.
Boston, Aug. 28.—Opening: f’nlmnet-Arl.
sona 116; Copper Range &»; Shannon 13V,
Old Domlufon 30; Butte Coalition 10V, Ar-
cndlnn 6.
GEORGIA RAILWAY AND
ELECTRIC COMPANY.
Boston, Aug. 27.—1> allowing was the bid
and asked price on Georgia Railway and
Electric Compnuy today: Bid 82. Asked 84.
THE LONDON STOCK MARKET.
Anaconda ..
Atchison
do. preferred .. ..
....mtgnmntod Copper
Baltimore nnd Ohio
1 pen fee and Ohio .
illnn Pacific .. ..
Brie
do. preferred .. ..
Norfolk and Western
1’bllnilelphln and Head
Hock Island
Southern Pacific .. ..
.Southern Railway .. ,
8t. Paul
Union Pacific
United States Steel ..
do, preferred ,
Wnlmsli preferred .. ,
LATE POSITIONS
Heavj' Pressure From a
Leading Broker De
pressed Prices.
DECLINE WAS SLIGHT
Extensive Buying By Com
mission Houses Checked
Decline.
—_ „
thin of the market which Is nppnrcut to
close observers of the trading of several
days past wni more strikingly exemplified
than ever this morning. When the pressure
of liquidating sales had lifted It was evident
that n short Interest of ednslderabte pro
portions was left In on exposed position.
The operators of the decline have been
trying to cover for several days nml those
In cloao touch with the trading have re
ported that the momentary periods of
weakness In each day wgs due to the ef
forts of the bear party to reduce their
commitments. This raiding has been at
tended with constantly Increasing difficul
ty, because the professional short selling
has come Into competition with an in
creased volume of real Investment buying.
Wlist happened In the first few hours of
business tills morning very obviously was
that the short Interest took alarm nnd lu
thftr efforts to reduce their enmioittnents.
bid np price with some rapidity. Tho
market was Influenced nlso by reports
that the New York city bond offering will
!h» a decided success owing to n desire of
the naUons! bonks for the IfomJn for col*
lateral against government deficits.
Closing bids follow;
Railway Stocks.
Atchison *
do preferred •• ..
Baltimore and Ohio
Canadian Pacific
Chicago and Northwestern..
Colorado Southern .. ... *.
Denver and Rio Grands..
down In
■1st year.I
ntmat cows
in smnments 01 urn* nos oecu inr
marked than was the hlg dropping d<
Argentine exports after July 2 last
Russia has Sinaibeen very slow n1*ou
jmnsrtl
cereal Rltnntjon of central snd southern
Europe Is such, however, that HusaiAn iner-
ts are not likely to press the markets
teadtly ns usual. The tends Is still
Jng the hlg stock here—shout 17,000.000
bushels In all positions—nnd Is contemplat
ing the big carrying charges. The latter,
however, hate shrunk a little dnriug the
last week. Hard winter wheat has ad
vanced to 2c above its.normal position am
Is much reduced. With n continuation of
the present sales of red winter from the
senlmard It Is to lie expected that there will
lie more demand centered on red winter
wheat here soon. U would be well for the
buoyancy of tho wheat market later In
the crop year If a large proportion of the
• —* The Im
it HR ®
paJMit. *8.M.
£hn|ri. whit.,
77c; crackn]
P CllicKKX*FKRn-FI8Ir-pnnn<1 uekn *1.04.
Pnnla rhlok fre<l. *2.00; Victor fre«l. *1.6(1.
OATS—No. 5 .hit.. Me: No. t mlxi-d, «8e;
Golden oat,. 68o; white clipp'd, *8o; fane,
^MEAL^Ptain. 1 p«r »potio<l taekt, 7*c; «-
pound ,flck,, 78c; plain 54-pound aack,, SOc
^II AY—Timothy, choice larjra halca. *1.#.
do. choice .mall balea, I1.30; No. 1, one-
third bale, »1.»; N<>. !. nnc-thlnl hale.,
11 23; choice prairie, fl.OO; Bermuda, 81.00.
^BUOIITF—Choice while, I1C0;
brown (M to too pound,),.11.54: brand, (1.15.
COTTON 8F.F.I» MKAlj--I’rlnie per too,
*78.54; No. 5 per to*. *34.(0; hull, per too,
FISH.
FISH-Bream 7e pound: en.nper 10,
pound; trout tc pound: Idu. 0,h 7c pound;
porapano, 24c pound: mackerel. 15Hc pound;
mixed Huh. 5c ponnd: (re.h water trout, Ic.
EXPORTERS BUY NEW COTTON,
PAYING FOURTEEN CENTS.
New Orleane. Ah*. 28.—The Tfmee-Oetno-
ernt «ja: 'Texap playa too Id* a nart a.
a prlee-makln* faetur for the latent to
Isnere Im-oetant adrtcea feorn thnt mate.
Yeeterdar', weather over the enatern half
of the lielt wa. Ideal, but'when A troxlwor-
thr eorreapondent at Iton.ton wlretl. "eon-
elderable rattan Iwtn* aold. moatly for ex
port at 14c ba«1» uitddlln*." mo«t profe,-
trfonal operator., already luilll.h on reoulre-
ment«. be*nn to re.-*«nli,- the lo,|.- In
hKikln* for a keen »t)Ot demand thninxbnul
RepteiulHT. Thereafter the upward price
rendewy enrauntered le«,rraUtauee amt a
,har|> net adtranre In the day'a trndln* wa,
the outcome. Recently r.eun trader, barn
anllHpated eome eort of a decline Imeenae
of the nlieenee of .peculation and the
orumptnem with tebleh »>me price pern
St!5-"ifesa"W STM"" •'
HAYWARD. VICK & CLARK,
COTTON, STOCKS, BONDS, COFFEE, GRAIN AND PROVISIONS.
Carondelot nnd Oravier St«. ( New Orlenn,.
MEMBERS: . . . ,
pe XSS Cotton A„ a
New York and Cb!ea*o Corre, ; »ndrat,; -
4. S. BACHE *. CO., AND BARTLETT, FRAZIER & CARRINQTON,
PRIVATE WIRES TO ALL POINTS.
8 SW Orica os Cotton Excbangs.
11 • . K « It fiv ii-ti,.'.-.
gkSvtstcs Cotton Exchangf,
Uotxitoa Cotton Exchan
fsrarcrlr less Important than In whratl
Thrra has lirrn a crystallisation of trsfio
jwntlmont towsnl tho bulluf thnt tho corn
|<*rop will In* rery short of that ot tho pre
vious year, and thnt It may nlthnatrlr go
to phtvs as badly ns has oats. In addition
It ilsyslops that .southern Enropenu coun
trios of shipping Imiiortaoee In corn have
already prohibited exports by legislative
set and thnt others of the Dsnnblso coun
tries contemplate doing so. While the exl
port portion of corn crop Is always a small
part of the total. It Is nevertheless some-1
times quite Influential. Export demands
In competition with eastern and southern!
distributive calls for cash eon often ab
sorb the marketed surplus so closely ns to
put a buoyant tone Into the market. Corn
exports for the year ended July 1 last were
lietow 83.040.000 bushels out of a total crop
of ZK7.0no.00O bushels. The showing will be I
a little letter than this by the time the
corn year Is ended, but In any event It will |
be teen that the
on the farm, particularly when aata are
so scarce and high and corn, even at cur
rent high prices, Is the oheulwst available
substitute for feeding.
The h'eptemlH>r stringency and advance tn
oats Is the natural retnlt of the crop falling
to ram# up lu quality to the merchandising
requirements stipulated In s;H»euIntlve con
tracts. Country dealers who sold oats nt
high prices here In expectation of buying
them freely from fnnnen have suffered
enormous losses. These hedging sales hare
already l>eea very largely UmgUt back from
■peculator* who foresaw the situation jtud
quality aud site of the present oats
WENT WITH CHILD ON TRIP|
HELD ON SERIOUS CHARGE.
Rperlal to The <ieor*tnb.
Brun,wick, Qa., Aug. 28.—C. H. Tin
dall, who Ir aold to ball from Bladen,
aa„ la bclns held In Jail In Jacknon-
vllle, Fla., and will be called on to
anawer to tho chargeo of a aeriou* na
ture. Matilda Harper waa to (o to
Hortcnae, Ga„ on a visit. Tindall went
to the home ot the parent* and staled
that he would gladly lake the little
10-year-old Ctrl to Hortense and back.
The parent* consented. Instead of go
ing to Hortense Tindall and his little
girl. It la charged, changed car* at
Thatlman nnd took the train for Jack
sonville, Fla. Tindall, It la said, wa*
drinking and Mi conduct toward the
child nn the Jacksonville train wa* of
jeh a nature that on reaching Jack
sonville passengers reported the nw
to the police.
prices Inst liflSc lu the 8rst few minute,.
UomralMlon hoiue, and the northweat were
chief influence. Trade was fairly active.
Cables surprised the trade by coming *»<l
higher lu face of the decline here yraier-
The markets were all irregular with
wheat l-803-Sc off to 3-8c up, corn 1-4
J85-8C lower, oats 1-4W7-8C oil .and
provisions 2 1-24*22 1-2 lower.
The early price dip, which was on a
general rush of selling, waa followed
by a sharp upturn and a big, broad
market, In which every Intere.t In the
market took an active part. Wet har
vest weather In the northwest and frost
beyond the Canadian border, along with
reports of a much reduced yield In
Russia, caused many of the early sell
ers to turn buyers. Heavy selling was
Indulged In on the hard spots, tn which
the northwest and Canada took a free
hand. Foreigner* were seller*, proba
bly In the way of taking pronta.
Corn declined under free offering* at
the outset, but the early weakness gav*
way to strength later. Nebraska was a
teller of both cash and futures here
today because of the fine ralne over
that slate.
Oat* were comparatively quiet.
CHICAGO GRAIN MARKET.
5TA7I089
flfunr*
OUT It ICt.
Tamperatara.
;j]
sii
Basil
ma.2
Auantii, partly eioady. . ,
•t’hattanooga, cloudy. , . .
fViinmhti*, clear
Greenville, rlear. .....
•Jlaron, partly dourly. . .
Rome, denr
Knnrtanbnrg, partly cloudy
Toceon, clear
ka
88
n
94
•0
96
85
U
74
77
60
66
68
G3
.w
.00
.00
.00
.05
.00
•Minimum t<uup<*ratiire« are for 12
ending 8 a. m., thla date.
hours
Following are the Chicago train and pro-
Jatens q« —
yesterday'
Open.
tvilKAT
Dept. >0
rirc. .. m
May ... 142
COHN-
DISTMICT HtkAetS.
s: ,i' a s
eiiipip
I»«V " 4711
Kept. ..18.84
Get. ...3.44
Jan. ..15.86 '
I.AItU-
Kept. .. 4.4214
ftept. .. 6.65
Oct, ...8.&0
Jan. .« 8.17)6
60
S3
15.82H
“:*w
*:«*
8.84
IM
8.173 8.
ii a w
9.00
dr.
9.10
6.61
t.m
9.06
ir
8.78
Atmntn. T . . . V
Augusta
Cbarlcston . . . * .
••Galveston. . . , .
••Little Rock. . . .
••Memphis.... . . ,
Mobile
Montgomery.
Now Orleans
•♦Oklahoma. . . ,
Savannah
yUmlngi
T. infiicntes lnappreelnbte rainfall, (J) For
jrest«rUsy.^ (2) For It hours ending 6 a.
••Missing.
Remarks.
8tlghtly Increased temperatures an re
ported from most districts. The only rain
reported fell In the Augnitn district.
Ttmptnfutt.
Bat. 1
Bit.}
b
(A
90
fS
88
72
%
9*
1
H
70
91
71
W
66
COTTON SEED OIL MARKET.
. Following Is given the opening and dos
ing quotations of the Now York cotton seed
oil market.
THE COFFEE MARKET.
January .. ..
February .. ..
March
April ..
May
June
July
August .. .. ..
Heptember ..
October .. ,,
November .. ..
December .. ,.
Closed steady.
6.764.86
r-.vt.v.M
6.904.96
6.10 6.13
5.554'M
5.604.65
1.654.70
5.754.80
6,804.86
6.854.96
5.964.00
6.004.05
9M4M
trn
5.60-5. -
5.m-r,.
r..c.4,7n
5.704.71
6.754.80
BANK CLOSING NOTICE
o«*eurred In any district.
LIVERPOOL GRAIN.
Wlicaf openefi unchanged; at 1:30 p. m.,
% higher.
Corn oiKMied *4 lower, and at !:30 p. m.
was H higher.
CHICAGO CAR LOT8.
■nd estimated receipts for tomorrow are <11
luRows;
Today. Tomor.
Wheat.. 218 110
Corn 101 83
Oats 296 228
Hogs, head *8,003 ff.000
THE LIVE STOCK MARKET.
Chleagn, Ao*. ».—!!««—Reralpr, *5.004.
larket .low; light hi*. »8.K«6.*: mixed
Cattle—llecctnt, 21000. Market .teady to
shade lower: brarraujjejJO; raw* JT.IMC
40; Tex.-i, stem 83.7ib8.35: ealrea *5.649
,.M; wratero .-attle >4.25ft4.35; ,lockers and
feeders *2.c*S*.
WEATHER FORECAST.
TTashlsgtoa, An*. 28—TTvatber conditions
nml general forecast:
IJg»t rains have fallen during the last
twnnty.four hour* In southern New Eng
land and thence westward to the Ohio
valley. Scattered showers bnvo occurred In
the Dakotas. Nebraska and In the northern
Rooky Mountain region. The temperature Ii
about normal In all parts of the cotintrj
except New England, where It la several de
greea lielow the average.
Unsettled weather Is profmble fn the
Ohio valley, with an occasional thunder
shower; »dsewhere In the Washington fore
east district, dear to partly cloudy wrath
or, with slight temperature change*, Ii
prolmble.
Forernat till • p. m. Thursday:
Virginia: Fair tonight; warmer In ex
treme northern portion; Thursday fair; light
variable winds.
North t’nrollna: Partly cloudy, with
occasional thunderstorms tonight or Thnrt-
vnriabte winds.
Western Florida. AUlwnia and Mississip
pi: Fair tonight sod Thursday; light varia-
^tennessw*: Showers tonight and Thurs
dar, except fair In southwest portion.
Kentucky: Bhowers tonight; cooler fn
western portion; Thursday partly cloudy.
Loulalonn-Fftir tonight and Tborndsy;
Ight to fresh varinble winds on the ejrwet.
Ttostern Texas-Fsfr tonight and Thurs
lay.
Western Tcxse-Khower* In aortbeni:
fair to southern portion toalsht ami
^Oklahoma ami Indian Territory—Fair lo.
nleht; Tbnrmlsy ,bower*.
Arkanna-Falr tonight and ThorwUy,
Monday, September 2, Labor day, i*
legal holiday, and the bank, com-
»ina the Atlanta Clearing Houia
laoclation will be ofo.ed for bust-
na.s on that day. Paper maturing
8unday, September 1, le due and pay
able Saturday, August 31. Paper ma
turing Monday, September 2, It due
and payable Tueeday, September 3.
ASA Q. CANDLER, Pre,.
DARWIN G. JONES. Manager.
4% UNION 4°A
SAVINGS BANK
Could Building
CAPITAL STOCK . • . $100,000.00
——I Rtsoi.ncis ——
4 Jo I S2CO.OOO.OO 4 /0
.. 86 1-3
.. 90
.. 90
..143 1-3
..143 3-4
.. 22 2.8
.. 21 7-S
Erie 19 5-8
Illinois denlral 124
I.ouIrvHIq and Naahvllle .. -.106 3-4
Manhattan L 118 1-8
Mexican Central IS 1-8
Missouri Pacific .. .. 47 3-8
Now York Central 104 1-4
Pennsylvania 117 1-2
Reading #3 1-8
Rock Island 19 6-8
do preferred.. ......... 44
8t. Paul 120 1-4
Southern Pacific ..84 1-4
Southern Railway 15 3-4
Union Pacific 127 3-4
Interboroush-Metropolltan.. .. 9 1-2
do preferred 28
Great Northern .. .. .. .. ..122 3-4
Miscellaneous,
Amalgamated Copper 71
American Car nnd Foundry .. 38 3-4
American locomotive 51 3-4
American Tobacco 78 1-4
American Cotton Oil 32
American Smelting and Refs.. 95 1-8
do preferred ..96
Brooklyn Rapid Transit 43
Colorado Fuel and Iron.. .. .. 24 1-8
National Biscuit 71 1-2
National Lend 147 7-8
Pressed Steel Car .. 27 5-8
8to,s-Sheffield Sleol 46
Sugar 114
Untied States Steel .. 31 1-2
do preferred .. .. 94 1-4
Western Union ..75
Mackay Company .. .. .. ..64 1-3
MONEY AND EXCHANGE.
New York, Aug. 28.—Money on call
easy nt 84*1 l-3e; time loans firm; 80
days 5 1-3; 80 days C per rent; six
months 4 1-3.,
Posted rates: Sterling exchange
84.84474.88, with actunl business In
bankers' bills at *4.8865W 4.8670 for de-
mnnd and *4.82804*4.8290 for sixty-day
bills.
Prime mercantile paper unchanged.
London bar silver 31 6-16d. Now
York bar silver 48c.
Mexican dollars 63 1-2.
BANK STOCKS.
Central Bank & Trust f
Union Savings, Lowry
National. I’rices on ap- 1
plication.
HHJ.YER INVESTMENT 00.,
Bond Dsp’t. English*Amsriesn Bldg,
ALONZO RICHARDSON & CO.
Public Accountants, Auditors snd Bank Eiamlners.
Audits. -Special Examinations, Coaling and Syatematizing,
EMPIRE BUILDING, ATLANTA, GA.
New York. Boston. Chicago. Washington. Phlladelphlft
Baltimore. Atlanta. New Orleane. Ban Trand,co. London.
Ths Atnericah Audit Company,
100 Broadway, New York City.
F. W. LAFRENTZ, C. F-A., Pres. G. E. MANWARING, Vice Pre*.
THEO COCHEU, JR.. Secretary.
The American Audit Company, cbsrtered under tne laws of New York.
Ii empowered to examine the affair* of. and make report., upon the finan
cial condition ot prlvata and public concerns for directors, offloer* and In
dividual*. Tho preparation and Installing of syetems a specialty.
ATLANTA DRA.JCII. 1015-1016-1017-101S FvURTII NATL BANK BLDO.
C. B. BIDWELL, Resident Manager.
Telephone, Main 872. Cable Address, Amdlt, New York.
L. H. Fairchild. E.tabllahad 1885. 8. J. Whitt
L. H. FAIRCHILD & COMPANY,
NEW ORLEANS.
Members:
fCvw Orleans Cotton Exchange. New York Coffeo Rzchsog*.
Sew York Cotton Exchange. • Now Orlrans Board of Trad**
V«w OrttsM Stock Excbangs. Clitrngo Ilonnl ot Trade.
LIVERPOOL COTTON ASSOCIATION.
Private Wlrea to NEW YORK and CHICAGO. Orders solicited for fntura 4s$*
«Too abovo Exchanoea- 9- C. COTUBAN.
FRANK UAWKINS, I’rraMont.
IT. IL ATKINSON. Yic**-l*rraUlrat. TUUMAS C
JOSEPH A, M’COUD. Vico*President.
Third National Bank
Capital - - - - $200,000.00
Surplus and Profits $400,000.00
DTL A. W± CALHOUN,
MILTON DARGAN,
JOHN W. GRANT,
II. Y. M'CORD,
FRANK HAWKINS.
II. M. ATKINSON.
JOSEPH A. M'CORD,
J. n. FUNK ALLY.
J. CARROLL PAYNflL
B. B. BOHSFR,
DAVID WOODWARD.