Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, August 28, 1907, Image 9

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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.