Newspaper Page Text
iimJMKIsti
THE ATLANTA GEORGIAN AND NEWS.
SATURDAY, SEPTEMBER 14. 1WT.
32
LIVERPOOL WEAK:
New Orleans Was the Weak
est Market For Cotton
• Futures.
LAST ONE TO CLOSE
Selling Orders Poured In.
Hulls Liquidated — Decline
Sensational.
opened easy. The set-tack wn* not a full
■ response to the coble*. which were weak
On the mil there appeared to ta some
heavy buy lair from cninmlKsluii house*. and
especially for Oetotar. Later. however, re
newed unloading l*jr tired bulla had It* ef
fect and the list receded further. Private
cables Mid that the break at Liverpool
was due to heavy selling by New Orleans
bulls and continental Interest*. An Impor
tant bear fnetor here wa* a report that
the spot article In the H< nth had turned
weak, especially in Texm*. where the great
•St strength has been shown.
Liverpool future* closed easy, & tc
1 1-2 points lower.
New York futures closed en*y, 17 to
*V0 points lower.
New Orleans futures closed 29 to 86
point* lbwer.
Spot In Liverpool closed 7 points
•lower.
In New York spot wan marked down
30 p<?!nts.
New Orleans quotations were nomi
nal at unchanged prices.
Bears had complete control of all the
futures market Saturday.
in Liverpool, where a f ftecn minutes'
wesslon wns held, wcnkn°s* was first
t noted. Trade was not active In the
[English market, und was confined chlef-
fay to liquidation by longs Lears were
Jea* timid and put out liberal short
Junes. '
The session In New Yn'.c laHtcd two
.hours. At first the market hesitated
An following the den line in the English
^market, hut lgter It fell In line. Longs
’liquidating, as In Llvcnwvd, was the
feature.
In New Orleans trading lasted for
•three hours—a bad three hours for the
friends of cotton.
After the dlose In New York the de
cline wait sensational In some Instances
12 to 1 15 points between sales. Bulls
Avere panic-stricken and were forced to
liquidate.
SPOT COTTON MARKET.
NEWS AND GOSSIP
of tho Fleecy Staple.
Special to The Georgian.
(From Hayward, Vick Sc Clark.)
New York, Kept. 14.-B*rtlett, Frailer Sc
Carrington: Liverpool waa due 2®2% points
higher. Opened barely steady unchanged on
near and 1 point lower on distant positions.
Closed easy net 4%ft5% poluta lower. Hpot
cotton dull at 7 points lower; middling 7.0M
sales 5.000; Americau 4.600; speculation and
export 500: lin|H»rts noue.
Hpot antes after close yesterday, 2,000
bales.
Liverpool sends lower prices. The hull
clique abroad has been liquidating during
past few daya. The condition* favor lower
price*. Lower level* recorded yeaterdny.
Untile* were .merely to cover aborts ovet
night. The crop movement, fair weather
and the financial situation are now forcing
the price of cotton lower. Advise sales
oil bulges.
Following la. the statistical position of
cotton on Friday, Beptcmtar 13, as made
up by The New York Financial Chronicle:
Thl* List last
Week. Week. Yem
Visible supply ... .2.137.D50 2.200.216 1.748.032
American 1.291.551 1,286.206 916.0.12
III sight. Week .... 163.5XS in3.3*9 210,423
81 nee Hept. 1 254.321 P9.736 337.926
Port stock* 3*.S57 230.00 249.651
Port receipts . 100,227 44.559 139.521
Export* I 49.850 2M5S 76.978
lnt. receipts 68.791 42.066 1 |..23t
Inf. shipment* — 55.(115 33.775 9I.909
lnt. stock* 101.611 87,945 121,033
illmvlng Is the Liverpool cotton a.
t for the week ending Friday, Heptem
Edited by
Joseph B. Lively.
Week'* sales
hlch American
For export
For ‘specula!Ion
1907.
. 48,090
. 39.000
.1.701
1906.
47.000
33,0-10
1.600
2.100
48.000
1905.1
39.000
33.0901
1.900
3.110
57.000
Forwarded — ...
Total stock* 664.000 327.000 €85.090
Of which American ....655.000 231.000 620.000
Actual cx|K>rt* 3.000
Week’a receipt* 16,000
of which American .... 6,000
Klnec September 1...... 21,000
2.000
36.000
14.000
.1.000
17.000
15.000
37.001 91.000
24.000 66.000
75.000 152.000
69.001 126.000
of which American .... 6.000
Ht«*cks afloat 58.000
Of which American .... 33.000
New Orleans. Kept. 14.—Hayward, lick Sc
4’lark: Looks ns If the Sew York bear ele
ment la In complete control of the market.
Mr. Heater's statement showing about 800. •
090 more In the visible and Invisible sup
ply last.year nnd about 370.001 more stock
In spinners' hands, with consumption only
632.000 more than last year. I* bearish and
probably led to the decline In Llvcr|»ool.
Hears In control on bearish supply and
consumption. Statistic* likely to lead to
further selling and lower market*.
HESTER'S WEEKLY
COTTON STATEMENT
Liverpool, easier; middling 7.03.
Atlanta, nominal; middling 12**.
New York, quiet; middling 12.60.
New Orleans, nominal; middling 13c.
Augusta, quiet; middling HI*.
Savannah, steady; middling 12%.
Memphis, quiet; middling 13c.
Galveston, quiet; middling 13%.
Charleston, nominal* middling 12%.
Wilmington, uomlnnl; middling 12V
8t. Louis, steady; middling 13%.
Norfolk, weak; middling 13%.
Baltimore, nominal; middling 12%.
Boston, firm; middling 126<>.
Philadelphia, quiet; middling 12.86.
Mobile, nominal; middling 13%.
Houston, steady; middling 13%.
Cincinnati, nominal. *
fHAYWARD, VICK & CLARK’8
DAILY COTTON LETTER.
New Orleans. Sept. 14.—Liverpool at
.the lowest, nbottt 7 lower than due.
l Spot prices were reduced 7 points;
stales 5,000. This dr« line .ind the sell-
>lng on our side today wns principally
&ancd on unfavorable supply statistics
ffttven out last night. Mr. Ellison places
stocks of American totton In mill* of
Great Djdtaln at 32*..000, njralnst 260.000
Iftft yedr, and In mills < f .no continent
; 800.000. against 570.000 last year.
Ill stocks In Amor lea are cstlmnted
376.000. against 891.100 last year,
la makes total visible nnd Invisible
jpplles nt the beginning of this sea-
ton 2,845.009. ntrnlr/1 2.o',4.000 l ist year,
n exceau of 79t.ooi in ,»•*. The con-
_^mptlon of Armririin rqtfm during
{the season 10‘T,-Or’ I* glvm by. Mr. lles-
er as 12.63S.oio, agai tst 12.160,090 dur
ing the pnvloq* reason, an Increase of
82,000 bale-, ’’ear* rlilm that Increase
n consunip i n \va.» .crgelv due to, the
'uced Mp‘ur.!ng quality and tho dlf-
flculty of ruling the k rad or as the
Insult of the fall storms < f last reason,
nnd that this season’* consumption,
towing to price, would nut be as large
lln cate there are no weather necur-
rrances to dlstcrN the grade composition
,of this crop. Tfrer? was consliierahle
liquidation n our n.erKct around the
opening, which enused a loss of about
*3# points. News from New York that
the bear Under nnd Wall street were
covering caused steadlne** for a while,
but bears have full control of affairs nt
the moment and checked further Im
provement. forcing further liquidation.
which continued throughout today'
••salon, The weather map offered no
encouragement. There are no specific
developments. Generally fair weather
prevails In the west and generally
K oudy In the east. Temperatures are
ore seasonable. Indication* point to
K irtly cloudy to cloudy weather, with
ottered showers. 4’pop conditions at
present are no consideration. The
markets are In an upset condition and.^... F . . n ....
the best thing to do might be to wilt the t price.
Until demand for actual *otton becomes
more general and spot business sup*
S le* a safe basis to work on. There
little doing In spots here at present
[•s, owing to strike troubles, buyers
Secretary Hester's statement of the move-
input of cotton for the week ending Friday,
September 13, shows a decrease under the
name day. lust year of 35.000 hnles, r
crease under the same dnys year before last
of 115.000 nnd n deerMie under the same
time In 1904 of 61,000. w
The amoHiit brought Into sight during the
past week lias been 152,683 halet#, against
189.620 for the seven days ending this date
lust year. 209.6S8 year before last nnd 216,0S2
same time In 1904. ,
The movement since Hepteniber 1 shows
receipt* nt nil I’nlted State* port* 136,474,
•gnlnst 184.2IS last year. 319.900 year before
last nml 247,82.1 same time In 1904. Overland
across the Mississippi. Ohio and Potomac
rivers to Northern mills and Canada 3.782,
a pi Inst 7.642 last year. 9.628 year before last
nnd 7.662 same time In 1914; Interior stocks
In execs* of those held nt the close of the-
commercial year 23.486, against 15.741 Inst
venr, 49,249 year before last nnd 35,745 same
time In 1901; Koutlmru mill takings 83.000,
against 81.711 Inst year, 79,168 year before
last nnd 66.459 *»*•»,. tlino In 1904.
Foreign exports or the month have been
74.973, against 112.927 last year, making the
total thus far for the season 109.699, against
112.511 Inst year, a decrease of 2.812.
The total takings of American mills.
North. Hnnth nnd fnundn. thus far for the
season have been 109,CM by Northern spin
ner*. against 30,687.
Ktoeks nt the seaboard nnd the twenty
nine lending Mont hern Interior eentera have
increased during the week 68,070 hnles.
ngnlnRt nil Increase during the correspond
ing period Inst season of 63.903. nnd are now
44.403 more than at this date In 1906.
Including stock* left over nt port* nnd In
terlor towns from the Inst cron and tin 1
number of bales brought Into sight thus far
from the new crop, the supply to date Is
690.718, against 687,111 for the same pi
last year.
MARKETS
Mr. Lively's twenty-five
years' experience of ed
iting markets In Atlanta
nnd the South has made
him a recognized au
thority la bis specialty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
NAME OF STOCK.
Auml. Copper
Am. Ice Securities. . .
Aui. Mugar Refinery. .
American Smelting. .
Aui. Locomtlve. . . .
do. preferred. . . .
Am. Cor Foundry. , .
American Cotton Oil. .
Ana rends
Atchison ... •
do. red #
Atlantic C Line .
Itrrmklyn Rapid T. . •
IbilfJmore N Ohio.*, .
('henapeake \ Ohio .
Untimllmi Pacific. . •
Chicago & Alton. . . •
Consol Ida 11., | ons. . . .
Central Leather. . . .
do. preferred. . . .
Colorado Fuel & iroo.
Corn Produce
Colorado Southern. . .
Delaware A- Hudson. .
Denver Sc Jllo Grande.
Distillers’ Securities. .
Erie
do. preferred, . . .
General Electric. . . .
Hlluols Central. .
Intel boro. . . .
do. preferred.
Kausaa Sc Texas.
61%
&
NAME OF STOCK.
Khiifii* .\ lexit# TffaT
Louisville A- Nashville.
Missouri Pacific. . . .
Mexican Central. . , .
New York Central. . .
Northwestern
National Lead. ....
Norfolk Sc Western. . .
Northern Pacific. . . .
Ontario Sc Western. . .
Pennsylvania. .....
Pressed ot«*el Car. • .
Heading. .......
Roeg Island
do. preferred. . . .
I republic Iron it Steel,
do. preferred. . . .
Southern Pacific. . . .
Southern Hallway. . .
do. preferred. . . . ,
8t. Paul
Tenn. t onl tc Iron. . .
TMutt Pacific. ......
L’ltloii Pacific. ......
U. 8. Rubber. . . . . .
do. preferred. . . .
L\ K Steel
do. preferred. . . . .
Western Union
Wabash . . .
do. preferred.
•fcv-dlvldend 2% per cent.
NEW YORK.
So pi.. .
Oct. . .
Nov..
Dec.. .
Jan.. .
Feb.. .
March.
April. .
Closed easy.
11.6911.6911.59-60
11.06 11.66 11.06-67
1 11.39-22
11.78(11.80 1UC
( 11.8142
11.85(11.86111.88-86
ill
11.62-47
11.72- 73
11.73- 75
11.78-79
11.83
11.87-89
11.94-96
lt.M-12
12.02-03
LIVERPOOL.
Following figures give the opening range
and close, compared with yesterdays
Futures opened quiet.
Opening
, Previous
Close. Close.
September .......1..6.67 -6.63 6.55 6.69%
Sept.-Oet 6.47 -6.47% 6.43% 8.48%
Oct.-Nov 6.41 -6.42 6.38% 8.44
Nor.-Dec 6.40 6.85 6.40
Dec.-Jan 6.37%-8.38 6.33% 6.88%
Jan.-Feb 6.38 6.32% 8.38
Feb.-March 6.36 -6.35% 6.33 6.38
March-Aprll 6.37%-6.33 6.83% 6.38%
AprJJ May 6.86 -6.36% 6.33% 6.39
May-June 6.38%-6.3C 6.34 6.39%
Closed easy.
NEW ORLEANS.
The following l* the range In cotton fa*
tnre# In New Orleans todny:
n
1 °
i *
5 2
i
ti
a
£3 v
Sept 113.00
Oct 11.90
Doc 11.81
Jan 11.81
Feb.. . . .11.60
March. . .11.93
Mar!*:
Tip 1
11.9211.63
11.85 11.43
11.6111.86
11.6011.60
11.9311.57
lut
11.65
11.60
11.43
]] - ■
11.73
fi!T~
11.64-65
11.59- GO
11.60- 61
11.61
11.73-74
11.7S
11.79
1121-26
12.00-01
11.90-91
11.9192
11.91
12.02
12.06
12.08
Cloud barely iteady.
———i * :
NOTES ON GRAIN
Pointers ou Provisions.
Chicago Evening Post: Thomas Itennott
Co. had a St. Louis letter quoting one
from Pacific aide saying: "Wheat crop of
Washington state la good. Not damaged
by either rain or frost. AH harvested add
pnrtlr thrashed. Never saw better wheat
than’In Pnlouse country, west of Spokane;
It Is thrashing out 30 to 65 bushels. The
wheat Is fully matured In Canada south
of n line drawn from Winnipeg to* Edmon
ton. North of there It will require few
dnys for maturity. Northwest oat crop is
xcellent.” ■
.Liverpool cabled the following: ’'Imme
diately following the opening the wheat
mnrkot developed firm ties* ns n result of
extremely light offerings. Reports from
Winnipeg of much dnumge to the crop In
the Canadian Northwest os a result of frost.
Toward midday, however, prices again re
acted, due to the lower Berlin market.
Tho market for corn was neglected nnd
notnlnnilr unchanged.’’
CORK BROKE A CENT
T AT TRE START
Weakened Wheat After a
Sharp Fraction Advance
At the Opening.
Chicago. Sept. 14.—Wheat waa «c higher,
eorn 1H01% lower, oata o# %1IHc ami
provlatono 10«20o lower.
Wheat woe nil nettled nnd Irregular, hut
price changes were nt no time large. The
S°Slt";™rD f frlSf/'aml «he r u5^l"«uSltfo2
ISJfm flic tonga no 'little, a. no one care.
SPINNERS’ TAKINGS
AMERICAN COTTON
Secretary llestor gives tlio takings of
American cotton by spluners throughout
the world ns follows, in round numbers:
This week 139.0H this year, against 142,000
Inst year, 150.010 year liefore last.
Total since September 1 this year 283,000,
against 2S4.001 last year nnd 288,000 the year
before. ,
Of tilts Northern spinners nnd Cat
took 26.1*01 bales tills year, against 31.000 last
year and 44.000 the year before; Southern
spinner* SJ.O'H. against 82.00)1 last year nnd
79.000 the year In*fore, nnd foreign spinners
174.000. ngatust 171,000 last year nnd 165,000
the year before.
TRADE IS ANTICIPATING
CURTAILED COTTON CROP.
New Orleans, Sept. 14.—Tb* Tlmes-Demo
ernt says: "Y%»sterdsy’s cotton market was
a little more than an Interlude. Because
of the telegraphers' strike many Interior
points can not communicate readily with
centers, and Information showing the
present nml prospective attitude of the
meager enough. The bear
land factors are afraid to act. Orders
’from abroad are scarce, nnd Europe
i appears to l>e waiting for a cheaper
S als. Liquidation here continued nft-
the close of N*e\. York, some big
line* of long cotton came on a narrow
market and caused an undue break
from 11.77 to 11.53 for October. Bears
I xrere the only buyers, t'mtoubtedly the
1 speculative Jong Interest is now com
pletely eliminated nnd the market In
good shape for recovery.
WORLD’S VISIBLE
SUPPLY STATEMENT
fore last;
Secretary Hester's statement of the
• world's visible supply for the week ending
Friday, September 14, shows s decrease for
itbe week fust closed of 13.084. against nn In-
trrense of 10.412 Inst year nnd au Increase of
r 82.284 year before |n»r
» The total Is 2.198,280. against 2.211.364 Inst -
I week, 1,791,661 last year nud 2.646.662 year year l»efore last.
. mine ...
laliMi) I* nor satisfied nnd Is playing for a
further decline. The bull talent Is d
heartened nud fear the long side until
turn In the ride of ring affairs shall have
been brought itlmut. New Imslncss Is In
scant volume. But with the market narrow
scalpers short and everybody pessimistic oi
tie price, n substantial reaction might
•nsllv follow the development of nny fa
vorable symptoms nt New Orleans nnd
Galveston are not helping the situation.
Even the trade outlook, under the domina
tion of the bearish sentiment. Is being ques
tioned. The cotton trade, however, hnd a
good cause for anticipating a curt lied crop,
and soouer or later the speculator must
delve deeper In the problem of supply and
demand."—Hayward, Vick Sc Clark.
lie fore Inst. Of this the total of American
cotton Is 1.314.101, against 1.2&H.380 last week,
919.661 last year nml- 1.812.662 year before
last, nnd of all other kinds. Including Eg
Brazil. India, etc., 894,179, against 92
last week. 832,000 last year and 834,000 j
before Inst.
The total world’s risible supply of cotton
as above shows a decrease compared with
Inst week of 13,084, su Increase comps red
with last year of 446.619 nnd an increase
compared with year before last of 448.382.
Of the world's visible supply of cotton ns
above there Is now afloat and held In Great
Britain nud continental Europe 1,275,000,
against 784.000 Inst year and 1,427,000 year be-
— *— In Ei— ~ ‘
Egypt 20,000 against 27,000 last
year and 35,000 year before last; In India
486.000. against 566,000 last year and 149,000
year before last; and In the United States
418.000, against 376,000 last year aud 636,000
HAYWARD, VICK & CLARK,
COTTON, STOCKS, BONOS, COFFEE, GRAIN AND PROVISIONS.
Carondtlet and Graviar Sts., New Orleans.
MEMBERS:
Few Orlesm Cotton Eirbsof*, Ksw Orlrans Fulnt* Brokers' AssoeUtloa,
New York Cotton Exchange.
GfilTcstcs Cotton Excbenge,
Houston Cotton Exchange,
Sen York and Chic,go I'ormpoulrnta:
4. 8. BACHE 4 CO., AND BARTLETT, FRAZIER & CARRINGTON,
PRIVATE WIRES TO ALL P0INT8.
tlnmtrs the shipments ns
this work 400,000 bushels, Inst work 648,000
bushels, Inst year 500,000 bushels " '
week 1.000,000 bushels, Inst wi._ — ,-uuni
hi*'un-sTeru' MnnitcRnt* s"n“"*8««kntehowan.
week MN.(XX) 4 ihotn
reit '"1* 251' 0001* wfnulpeu and Minneapolis 1
rek 1,251,0001 1 (aiming coutlrmntto
.Morris Schwabacher made tho following
estimate of lm*nl provision stock*: Mess
pork 26,000 barrels, against 26.406 September
i; ford 100,500 tierces, against 105.240; ribs.
22,'500.000 pounds, ngnlnst 2.1.245,171 pounds
kutehewnn. Canada.
It under cultivation, mostly In wheat,
hnd n letter from the man working
farm giving n very lmd account of tin
suit for the present venr. Most of the
wheat If badly tronen. lit* man write*,
nnd on another place near bis the Injury
by frost Is so extremely bad thnt the
owner offered the whole of It to Mr. Thay
er’s man for the cutting.
Denver Grain Co. received the following
from Winnipeg vis the tirin’* Minneapolis
office: "1’lper Johnson. Winnipeg wires:
'Our Calgary office report* n Mlxr.nrd rng
lug through Alberta.' 1 understand they
raise nothing but winter wheat In Alberta,
und that lias been cut long ago."
TIPS FLASHED*
From Wall Street.
(Worn llaym...-. ..
New York, Sept. 14.—Bartlett. Frnxler Sc
Carrington: Ixmdon market for Americans
opened lower. Cousola unchanged at 82 3-16.
The uinrket turned nroiiud quickly on
goc4i supporting orders by the big bunking
houses after desperate attempt* made to
bring about demoralisation. The usual tu
mors were set afloat by those who were
Interested In depressing the market. The
Industrials should advance the greater part
on short covering, ns the bears have been
conctntrstluit their efforts to these stocks
almost exclusively.
A strong opening looked for tbl* morn
ing, nnd a good bank statement should help
along the advance materially.
Town Tophi: .Tile nntnner In which the
lienrs are compelled to bid up for the good
railway stocks to cover tlndr *br»r» con
tracts Indicates that they have Itccu sell
ing them Into n nuuilier of ling*, for the
Important hanking Interests generally find
them very attractive purchase* on the reces
sions. The main factor In regard to the
prohnldo future movement of thl* seetlon of
the list la the easier tendency In the money
market and the comparative facility with
which the crops are moving. At the same
time, government deposit* with national
banks will soon be Inrgely Increased with
the new city lionds furnishing such accepta
ble collateral, while the movement (n ster
ling
pending developments, but the rail* are now
showing an undoubted tendency to break
oway from the Industrial on straight In
vestment buying, consequently we would
continue the advice of the past two or three
days to buy the good railroad stock*, nml
especially the Hills and Hnrrlman*. St. l'aui
and Reading
nil
etlo
We expect
them do much better.
The market Is likely to In* strong today,
with the prospect of a fairly favorable
bank statement.
>uld sell cotton on rallies for mod
erate turns.
The grain* are still too high to buy.
The London early market for Americans ts
weak nnd lower.
NEW YORK COFFEE MARKET.
The following figure* give the opening
range and close of the Now York coffee
market for today.
Tluw W.1« n WenthOT market >*» «*ora
,"!!"« were otT .harply. *>•« P re *'
Onte’were "‘lail "»»3"wltSoilt f®®* 0 !*!..,
provision* were almost at a atandatllL
CHICAGO GRAIN MARKET.
Chleneo *rnln end P™ 1 "!™ JESpISH
for todny are so follow*, compared witn
yesterday', clow: prerlon.
Open. High. Low. Close. Close,
fTi 5 x a a
s*fa k i *i r
i a r
May
• • A i ?>—
Sept.... 5274
Dec.... 62%
May.... 53%
t*uHK
Sept
Oct
Jan... 15.50
LAUD—
Sept
Oct... 9.02%
Jan... 8.72%
It IBS—
Oct.... 8.60
Jan..., 8.07%
15-37% 15.37% 15.35
15.45
15.35
15.45
15.45
9.02%
9.10
8.75
THE LIVERPOOL GRAIN MARKET.
CHICAGO CAR LOTS.
The receipts of grain In car lots toda?
md estimated receipts for tomorrow are si
THE LIVE 8TOCK MARKET
f’hlcago. Sept. 14.—Hogs—Receipt* 12,000.
Market slow nt yesterday'* average; light
|6.20{f6.6;%;-mlxed 35.61^6.00; heavy 35.35®
6.25; rough 35.35®6.3* yorkers 36.65®6.60.
Tattle—Receipt* 5w. Market unchanged;
iv* |i.25^6.50; Texos steers
western cattle 34t(6;
32.6 *|5.
. lnt* 2.BW. Market unchanged;
native* 33.7r»5i.\Si>; western 33.75fi5.86; year
ling* I5.51fi6.40; Inmli* 3507.60; western
lambs |5fi7.70.
COTTON SEED OIL MARKET.
January ..
February ..
Match .. .
April .. ..
May
Jane
July .. ..
August «. ..
Septemlwr
October ..
November -
December
Opening
Range.
..6.00-8.K
. .6.10-6.’"
..6.15-6.: 0
. .6.15-6.2-
..6.25-6.3
. .6.25-6.35
..6.310.4 ■
. .6.20-6.40
..5.90-5,95
. .5.V-5.K*
. .S.9U-6.00
. .6.00-6.06
Closed steady. Sale* 15,000 bags.
Close.
6.10-6.15
6.15 6.20
H.254.30
6.30-6.35
6.35-6.40
6.40- 6.15
6.40- 6.51
6.45 6.50
5.90-6.0)
5.904.00
5.96 6.01
6.06 6.10
v York t*ottca seed
.«•
: 8^84
41%G4J
Jstiunry 40%fi4l% 41 ^ll 1
March 40\«41H 40%«41>
Closed steady. Sales 2.ow barrels.
WEST POINT -CASE
COMESJJP MONDAY
Judge J. K. Hines, special conned for
the railroad commlMlon, appeared be
fore Judae Hilt* In the superior court
Friday afternoon nnd moved that the
InJ'inctlor. preceedtn*. again,t the
<i<inml*hlon Instituted by the Atlanta
end Went Point railway Involving rate,
be heard on Monday Instead of Thurs
day. Judge Klh* named Monday na
the day when Judge Hite*’ motion for
advancement b« heard, and the com
may com. up then.
WEATHER REPORT.
WEATHER CONDITIONS.
The eastern half of the map Is covered by
in extensive area of hi *
on the const of New
crest extend* southeast to the gulf const.
The advance of this high area has enused
Romewlmt lower temperatures on the north
Atlantic coast. There Is n small area of
low pressure central In Montana. Clear
westner prevails east of the Rockies, except
a small area of elondlness In the aouthesst
and another In the .Missouri valley uud
Knn*u*. Showers have occurred on tho
coast of South Carolina nml Georgia, over
Florida nnd at n few widely scattered sta*
tlons elsewhere. The temperature has risen
over most of the map, hut the changes have
been small as n rule.
Tartly cloudy weather with but little
change In temperature Is Indicated for this
section tonight and Sunday.
COTTON REGION BULLETIN.
For the 24 hours ending at 8 n. m„ 75th
meridian time. September 14. 1997.
ATLANTA MARKETS.
J. J. BARNE8-FAIN CO.'S _____
FRUIT AND PRODUCE LETTER.
Attanti, Sept. 14.—The fall dullness «eemi
to have opened up In earnest this week, and
all produce has been moving readily nt good
There has been too much California fruit
on the market this week.'and consequently
prices have declined considerably. How
ever, the consumption nt the reduced price
is much heavier, and we think that the mar*
ket will practically clean up the surplus
by the middle of next week, "nd we theu
look for the market to react, and bring
Pn 'fhi ¥ qunmy of grapes from California has
been flue, nud had it not been for this the
receivers would have lost heavily.
Apple* continue very scarce and tn® qual
ity poor, but Helling at 36 per barrel, which
Is extremely high for the quality. We look
for apple* to Ih» higher this season thau
nny season previous for yeurs.
Lemons have declined to $4.50 per Ikjx,
owing to the soft quality of the stock l»e-
ing received. The firmer grades nro bring
ing 35 per box.
There are a few Jamaica orange* coming
In. and meeting with ready sale at $5 per
box. However, the quality of this fruit Is
very sour and comparatively sound, rue
Florida oranges will not begin to move lu
nny quantity before the first of Novemlw*r.
Irish potatoes and cabbage are In good de
mand nt price* quoted, and the receipts are
about equal to the demand. Me look for
the inarKct to rctnnlu about stationary for
the coming week. Itl .
Kggs have weakened, same selling for 25c
S er doxen, nud we lopk for them to still
ecltne more next week.
Onions have declined to 31.35. and quail*
ty of stock ‘arriving Is exceptionally good
for the season of the .venr.
Bananas continue scarce nnd high, nnd re
ceipts are hardly heavy enough to meet the
demand.
Wo look for price* to hold good In most
Instances through next week.
FRUIT AND PRODUCE.
EGGS—Active. 25c. »
LIVE POULTRY—Hens active. W42c:
„ .iirkens (fresh). 22%«36c. Ducks (Pekin) 30r
each; puddle. 25c each. Turkeys active, 15c
per pound.
DRESSED rOULTRY-Turkeys. drawn.
PRODUCE—Lard. 12c pound: hnrna active.
tc pound; shoulders active, 10011c bound;
ildes active, lie pound; butter dull, 10fil2%c
tound; Iweawax active. 26d> pound; honey
bright) active. 12%c pound.
FRUITS—Lemons, rnney Messenn. 34.50;
Swift & Company's sales of fresh beef lu
Vtlanta for tho week ending Saturday,
(eptemlfe** 7 average 6.70 per pound,
mnnnas, 4c pomm; plneappes, Florida
itoek, none; limes, Florida stock. 50 per
tundred; peanuts Jn sacks averaging 109
umnds earn, owing to gri.de. 6%fi8c pound:
ontnlonpes active, 31.2liftl.50 crate; water-
Delons, oftlOc each; Georgia peaches, 31.60ft
.75 per crate; rhubarb. 76c.
VEGETABLES—Potatoes (new).
GROCERIES.
IHCE-Jnp. BflG’Ac: hear). 6«Ti-: fnucj
<1. I&l’dc. nrcorilhiB 'o the Krnrte.
, IlEESn—Pnncj- full crenm H16e: r.eorrln
cane syrnp, 37c gallon; salt. 100 twnnda, 50c*,
axle grease, 31.75; soda crackers, 6%c pound;
lemon, 8c: oyster. 7e; barrel randy, per
pound. 6%c; mixed, per 8 pounds. 6%«*: toma
toes. 2 pounds. $2.00 case: 8 pounds, 32.
nary beans, 32.35; Limn l>enn*. Stic:
Start Was Irregular, But
Losses Were Few and ,
Small.
V.'
INDUSTRIALS BETTER
higher. Coppei
In nil % nnd Smelting '
“ Chesapeake nnd '
navy utmiiB, tc.M, I.IIIIU Iirmiii. w>sv. hCSt
matches per gross. 31.C5: inaearoul. C%ft7c
pound: sardines, nwntnrd, 33.25 ease.
SUGAR—Standard granulated 5.20; New
York refined. 4.90; plantation. 5c.
COFFEE—Roasted. Arbuekles. $16.00; bulk
In bag* nnd barrels. 12e; green. UftlSe.
Shredded biscuit. $.1.00 ease: No. 2. rolled
oats, $3.25 ease; sack grbs. 96-pound bags.
11.35; oyatern. full weight. $2.00 ram*: light
weight. $1.10 ease; pepper. 18c iniund; bak
ing powder. $r».0(» case; red salmon. 35.00
case: pink salmon. $4.25 case: cocoa. 40c:
chocolate, 33c; snuff. 1-pound Jars. 43c; roast
beef, $2.60 case; syrup (New Orleans), 35c
lion; coru. 30c gallon; Cuba potash. 33.25
STATIONS
ATLANTA
Atlanta, cloudy
•rhnttanoogn. cler~
Columbus, cloudy.
Greenville, clear. , , . , .
xMaenn, cloudy
••Montleello
Rome, clondy
xSpartnnhurg, cloudy. , , .
Toocoo. clear
West Point, cloudy
Delayed data, Sept. 13:
Gainesville, cloudy
Griffin, cloudy
Newnan, cloudy
Tallopoosn, p. cloudy
sr
:s.80 ri>,ojfp«ii!i>?». So; rope. I ply rotton,
i, »V.SO«4.00 on so.
gn
03- ....
ISo:. *onp,
Gains Later Lost On Less
Favorable Bank statement
Than Expected.
New York, Sept. 14.—Tho atock market
opened Irregular. Reading opened % higher
nnd declined %. 8teel common declined aa
much. The preferred lost %, Northern Pa
cific and Great Northern preferred opened
opened % up nnd gained
"* d each reacted
advanced %.
Cftl ‘ *
declined % nnd Pennsylvania %
Closing bids follow:
— Railway Stocks.
Atchison
Canadian Pacific
Colorado Southern
Erie
Loulsvlllp nnd Nashville
Mexican Central..
Missouri Pacific
New York Central
Pennsylvania
Heading
Hock Island
Hock Island preferred
St. Paul
Southern Pacific
Union Pacific
Interhorough-Mctropolltau.. ..
Great Northern
Miscellaneous.
American Locomotive
American Rjneltlug and llefinlug
do. preferred
Brooklyn Hnpld Transit
Colorado Fuel and Iron
National Lead
Pacific Mall , #
Pressed Steel Car -
Sugar *. ..
United States Steel
do, preferred .. •
NEW YORK BANK STATEMENT,
New \*ork. Sept. 14.—The weekly state
ment of the associate:) banks show the fol
lowing change*:
I«oan» 31.088.972.200, Increase 3373.000.
Deposits 31,044.850,00o. decrease 3L632.600.
Circulation $59,649,201. Increase $72,299.
Legal tenders 369.221.900. Increase 3545,703.
specie 3189.909.90U. decrease 31,407,500.
Reserve 3268,131,800. decrease 3861.803.
Reserve required 3261.213,100, decrease $408,-
150.
rplus $6,918,700, decrease 845.1.C30.
r-t’nlfed State# deposits $14,43tl,S50, de-
WEEKLY STATEMENT
ATLANTA CLEARING HOUSE.
(Darwin G. Jones, Manager.)
Clearings Saturday 3i38.324.57
Same dny Inst year 621.716.64
Increase 116.587.93
34,418,748.23
...r... 4,028.835.51
419,912.72
Clearings for week ..
Same week last year
Hi
Minimum
ending 8 a. m.. ti
xRecelved too late to Include In district
averages.
CtNTKAL
STATION.
HI
Ausuta. . . .
Augusta. . . .
Charleston. . .
Galveston. . , .
Little Rock. .
Memphis. , . .
Mobile
Montgomery. .
New Orleans.
Oklahoma. . .
Savannah. . ,
Vicksburg. . .
Wilmington. .
T. Indicates
DISTRICT f VISAGES.
Max. t
TS
Inappreciable rntmall. il) For
Remarka.
The temperaturea continued pteaaiint over
le belt, the changes being small slneo yes
terday morning. Light ralu fell over the
eastern half of '.be belt except In August
district
J. 0. MARBURY. Section Director.
WEATHER FORECAST.
Washington, Sept. 14.—Weather conditions
id general forecast:
High pressure, with clear cool weather
continue* over the eastern half of the coun
try. except In the south Atlantic and east
gnlf states, where there were showers. In
the west the pressure was low, but without
great precipitation.
Showers will continue tonight nnd Sun
day In the south Atlautlc and east gulf
states and generally fair weather In the
middle .
antic states.
but little.
Forecast until 8 p. m.
Virginia—Fair tonight; wnriner in ex
treme southwest portion; Sunday fair; light
variable winds.
North Carolina—Fair tonight and Sunday;
warmer tonight In extreme western portion;
light to fresh northeasterly winds.
South Carolina. Georgia. Eastern Florida,
Western Florida and Alabama—Ifertly
cloudy tonight; Sunday showers; light to
fresh northeast to east winds.
Mississippi—Generally fair tonight and
Sunday; light easterly winds. *
.LOCAL STOCKS AND BONDS
(Revised by Hlllyer Investment^ Com]
Atlanta A West Point R. R. 160%
Atlanta, Birmingham and A.. 1$
do. preferred.......
Augusta Factory ...
Central Bank nnd Trust Corp. 126
Exposition Cclton Mills '*6
Fourth National Bank ?10
Ga. R. R. nml Hanking Co 9 0
, Ry. and Electric Co 70
do. preferred
Seaboard Air Line...... 10
do. preferred 11%
Soittbweatern 107
Atlanta 4 per c. bonds. 1933... 193
Augusta 4s. IMS
Georgia 4%a. 1915 coupon ltt%
do, 3%. 1939. reg 194
D)i e Cotton Mills 1st mfg. 6a. 9S
Ga. R. IL and Bkg. Co., Is.. 102
Seaboard is, 1360 61%
K.
•88
FLOUR AND GRAIN.
FI.OlTR—lllKh**t pmom. J5.75: t>e*t pnt
out, 15.25; •tand.rd patent. (4.75; bnlf pnt.
pnt, $4.65; *prlnR whont pntpnt, 15.00.
cons—Ho. ! while H3e; rholee while, SSe;
No. 2 ypllow. 82c; tnlxpd, 81c; cracked corn
per Im.hel. 86c.
CIIICKKN KEEP—Fifty-pound rack,. Jt;
I’unln ctflck feed, 82.N: victor feed, Jl.w.
OATB—No. 2 white. 08c; No. i mixed. 60c;
Golden out*, 65c; white dipped, 70c; fancy
white clipped, 72e.
MEAL—Flail:, per 86-pound sneks, 80c; 48-
pound rack., 82c; plnln, 21-pound .nek*, 83c;
“YlAVl'ffmothy. choice Inrire hale,. 11.85;
do., eboleo .mall bales, 81.30; No. 1, one
third hotel, 81.85; No. 2 one thlrd bales.
81.20; choice prairie, 81.00; Bermuda. 81.00.
8IIOI1TN—Choice white. 81.70; fancy. 81.65;
brown (80 to 100 ponnda), 81.60; bran, 81.40.
COTTON 8EED MEAI^-I-rlme per ton,
826.50; No. 2 per ton, 824.00; hulla per tou,
PROVISIONS.
PROVIRIONS—Supreme bam., I5!4e; bet-
Ilea, 20025 pounds nr*ra*e 1014; fat baeka,
8.20; Hnpreme lnrd, 10(4. Purity compound.
‘ llrornln hams. 10c: ■* ■* —
ornla hams. 10c; dry nit rlbi, (.20.
FISH.
PlflH—Brenm. 70c pound: annnper, 10c
pound; trout. 8c pound: blue flub. 7c pound;
pompano, 20c pound: mnckrrel, 12(4c pound;
mixed fish. 5c pound; fresh water trout, 8c.
BAGGING AND TIE8.
DAOQINO-li lb.. lOUc; 2 lb.. Uc: 2(4 lb.,
UHc: re-rollcd (lecoud hnnd), vie.
TIES—New 8115 bnneh. .ccond-band 81.K.
WELL BrCKET8-84.B0 doxen.
ROPE—Manila, 14(4e; geael, Uc; cotton.
20c.
WIRE—Barb. 3%c pound.
^I’rXTW RTOCKR— lfannnn, 98c; Fcrguaon,
TCBR—Painted. 22.80: cellar. 85.
. POWDER—24.60; half ke K *. 22.76: (4 ken.
21.80; Dupont arfil Ilaznnl imokde**, half
ken 211.88; (4 kern 25.75; Mb. rnnlatera. 2L
leas 25 per cent. Trolnlorf .mokeleaa imw.
der. Mb. can,. 21. *
SHOVELS—86 to 211 per doxen.
CARDS—Cotton, 84.75 per doxen.
PLOW BLADES—5e per pound.
IRON—2(4c per pound bale; Swede, 4(4c
rtAF<o—2i |»rr uozpn unsr,
LEAD—9(4: bar 7(4c pound.
NAILS—Wire, 22.5 lie*. 1
.. l- I,ii Me. -
ban; cut 82.60
8t afi4 75 W W keff; mule .hoe.,
iurritETS-Palnr. 81.70 doxen; white ce
dar, three hoops, 84.28.
CHAINS—Trace. 8406 doxen.
•hot S 84 60°" ke *’ crack
MliOT-82.15 nek.
THE SUGAR MARKET.
!4»w York. Sept. 14.—The domestic refined
^^^K®bS7LS?S.A!S
IrtWW" September 9, 10(4-1
MONEY AND EXCHANGE.
New York. Sept. 14.—Money nn enll 2(4}>
*!?V 8(4; ninety
data 0(406(4; ,lx innuiba 6 per cent.
I'ostwl rates: 8f
4.86%, with actual
nt $4.8540ft4.8545
sixty day hills.
l’rlme mercantile paper unchanged.
London bur sliver umbnuged nt 31 5-lGd.
MINING STOCK3.
Rotton, Sept 14.—OpenlOK atnek*: (ireene-
Cjnanen M409T4. Vle(orln 4%. No. tl: Imtto
j8(4. Quincy S3. Maaenehuaetta Electric pre.
48, Copper ltnuxc 53, ftali Mining
*(4. Cnlnmet-Artaonn 120, Dally West if.
Old Dominion 25. CnhimeMleeln 620. Trinity
16(4, Boston Consolidated 17(4. Shannon 1(4
THE LONDON 8T0CK MARKET.
BTOCK8—
Anaconda
Atchison
do, preferred
Amalgamated Copper .. .
Baltimore nnd Ohio
Chesapeake and Ohio .. .
Canadian Pacific
Erie
do preferred
Illinois Central
Louisville nnd N*n*hslile .
Kansas nnd Texna
do, preferred
.Mexican Central
New York Central
Great Western
usylvnnta
j)no nnd Western .. .
Northern Pari fie
Norfolk nnd Western .. .
Philadelphia and Heuiilug ,
Rock Island ..
Southern Pacific
Southern Hallway .. . .
do. preferred
. Paul
Union I'nclflc
United State* Steel .. ..
do, preferred
Wabash
do, preferred .. .. ..
. lit (iff
. ikdcT’ 1 ;
•“!!«
4%
UNION
4%
SAVINGS BANK
Gould Butldlno
CAPITAL STOCK . . . St 00.000.00
4%
RESOURCES
| 9260,000.00
Hi
ATLANTA NATIONAL BANK
ATLANTA. GA.
C. E. CURRIER, Preiident. H. T. INMAN, Vlce Pre*ld*nt
QEO. R. OONOVAN, Cxahl.r. ,
JAMES 3. FLOYD, Assistant Cashier.
Capital * $500,000.00
SurplusandTJndividedProfits $650,000.00
We Solicit Your Patronage.
18*1
ALONZO RICHARDSON & CO.
PUBLIC ACCOUNTANTS, AUDITORS AND BANK EXAMINERS.
^Exs m ihstio n, « Costing and Systamatixlng.
EMPIRE BU1LDINO, ATLANTA, GA.