Newspaper Page Text
I
THE ATLANTA GEORGIAN AND NEWS.
qouai, mutism m:it it, im/r.
COTTON FUTURES
0PENJ_ BETTED
Induced Frfcsh Liquidation
and a Sharp Slump
Followed.
BROKE LOW RECORD
Prices Steadied At Midday
On Condition Report of
Miss Giles.
NEWS AND GOSSIP
of the Fleecy Staple.
Kpeeial’to The Georgian. •
v J F v on .' Vick k Ofnrk.)
Kept. 17.—Bartlett, Frailer &
Uurrlugton; Liverpool hjih line Oil 7 point*
oner on near nud 7%6£ points lower oil
late months. opened Arm 1 jxtlnt lower
hear ami 2 points lower on late. At 12:15
Maher oU >^nr
JJMl 4H®5 points higher on late mouths.
J^t 0 *** l M J ,,, t* lower; middling 6.89:
Mies B.GOO; Auierlcnti 5,500; speculation and
export 509; Import! 5.000; Auierlcaii, none.
1 he Liverpool market turns suddenly
b
. Wverpo°l market turn« suddenl;
nrouud. The crowd caught abort througL
the extreme declines are hastily covering
lu Liverpool a rally f* (nit natural iu tbo
New York, Kept. 17.—Business at the open
ing of the local cotton market today was
anil traders were excited. The up-
the
■ cotton markets lucsday morning
evidence of having recovered from
leinomllxatlon of the past three or
in that all centers rejiorted a
considerably higher
better feeling mid
prices nil 1‘ouud.
Liverpool led off with unexpected
strength, and at one time prices were
points ulmve the closing figures
of Monthly, whereas <%i8 points loo* was
due on New York’s closing Monday nlglif.
however, was practically the
hL r li point .of the day. a downward move
ment starting shortly after the session lie.-
gan. The decline was rapid for the re-
nialuder of the season, the close being
quiet with the early advance wiped out,
last prices showing about 2<&9 points de
cline as compared with Monday. LIquUlii-
th*n continued on a heavy scale.
Following Is the range In the active
tiioiiills ill Liverpool today;
Op
nigu.
Low.
6.10
Spot
ieelIu
ais
6. l(i
3 point!
takings
. middling 6.£9. Spinner
aggregated 6,000 hales.
Ill** advance In Liverpool was reflected
in the New York market, opening prices
being SifilG points better, hut offer gain
ing a point or two additional the market,
eat to pieces, resulting In n rapid decline,
Weather forecast Is favorable for pleklni
’til. and after a sharp upward
look for auother set back. Advise
sales ou bulges.
Miss Giles will Issue her seuil monthly
cotton report at noon today.
Think udvun^ this morning is As far as
It will go at the moment.
Opening was disappointing, considering
Liverpool Schlll, Mitchell mid Gwnthney
bought. Dick Bros., Hutton and Will street
generally sellers. Market rallies hard and
must bin's better buying to hold It up.
Following nre 11 a. in. bids: September
10.87; October 10.97; January 11.19; March
11.30. •
Wig
ring
and January, probably lO.Ofr) bales,
thinks for Price or Carpenter crowd.
flier steadier, but nfhrket Is paying little
attention r« anything but heavy offerings
of spots nud futures which must be til
gested. and there seems little rot
the bull side.
Gifford bought 3,003 January at 11.16. Ger
und Schlll heavy sellers. New Orleans also
selling here.
New Orlenus. Sept. 17.—Ilayward, Vick k
Clark: Good Liverpool Is explained by In
terior not offering nt the decline, and
newspapers mention a tropical disturbance
In the gulf. Bad weather alio a bullish
last effort to depress
. . have not been able to
so short a time ns the decline
occurred yesterday, but cotton Is now
safe buy.
Market looks healthier. Sellers scarce.
Even the big long lines nre unw liquidated.
Selling mostly by scalpers following the
trend of New York.
Edited by
Joseph B. Lively.
MARKETS
Mr. Lively's twenty-five
years* experience of ed
iting markets In Atlanta
and the South has made
him n recognised au
thority lo his specialty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
NAME OF STOCK.
GOVERNMENT WEEKLY
REPORT ON WEATHER.
ing
selling off from 11.13 lit the open-
».W; December from 11.24 to 11.02:
... . cut decline.
At midday an Improvement was In prog
ress. the iiitlueiice being a condition re
port by a Indy statistician, placing the eon
dltlon »1 71. against 72.8 on September 7,
TVS August 10 and 72.5 for September, last
report:
The temperature In the cotton region
averages about normal or below, except
along the Atlantic roast, where there was
an excess of 2 to 4 degrees. The greatest
deficiency was 2 to 4 degrees over Lulls-
bum and Arkansas. Rainfall generally over
the cotton region, but the amount -was
very unevenly distributed. More than 2
Inches foil ut n few points lu southern and
eastern Texas, routlieru Louisiana, central
Alabama and Florida, southern and eastern
Georgia nltd the southern portion of South
I'lirolinn. The only pin res receiving more
than 4 Inches were Galveston, Tex., wltli
6 Inches, and Greensboro. Ala., with 4.66
Inches. Less than half an Inch fell over
arras of considerable extent, especially lu
continued up to the close. Prices were
viineed some 20 points from the lowest,
with the close steady, net C4i9 points lijgh-
er, iis compared with Monday’s flual*.
SPOT COTTON MARKET.
Orlcnn
Middling 11?4-
gusta; quiet; middling 119-16.
* • llfiij, '
Savannah, quiet; middling 11%.
Galveston, easy; middling 12%.
Mobile, easy; middling 11 7-16.
Norfolk, dull; middling 13c.
Wilmington, nominal,
r>.'iltlnioro, nominal: middling 1314.
Boston, quiet; middling 12.20.
I'hlladclplda. quiet: liilddllug 12.50
INTERIOR RECEIPTS.
T he following table shows receipts In tb**
Interior today, compared with the same day
last year:
HAYWARD, VICK & CLARK’S
DAILY COTTON LETTER.
New Orleans. Kept. 17.—Offers of actual
rot ton were evidently not ns plentiful.
ti'»r as low ns might have been exa cted
" 11h the break lu New York futures for
l.ivei-|H»ol where offers of actual cotton
«*■•• the first consideration did not meet
■•nr decline. Futures In the English mar-
•-•■t were nhout 14 points better than due
'•P to the time bnsliiess commenced oil
'* .r side, when strnddje selling caused a loss
"f 7 points. Liverpool, however, showed
lyslstnnee to further decline, und If pro-
dtieers resort to Judicious umrketlug. con-
s ’"iiits’ demand will soon ticrotuc a snp-
kortlng feature and further loss could Is?
•voided, Xow Is the time to carry out
-fiaolutlous about holding for the proper
Price, for If producers become der; ore •!*•*.•
11 1 this time when mnulpulntloii \n In con
trol t.f speculative influences, the markets
"ill not bo able to stand the pressure
ft all. Spinners will hardly buy as long
r- they see It getting cheaper every ilfiy.
I le v only buy In steady or rising markets.
I t trades here were at alsmt l't points
im-aiice. As the fnterior sold ou the tiu-
P " i , nu»nt and, trading Is timid, fearlug
f ' 1 tlier pressure 111 New York, n decline
M,,, n followed, and futures were below yes-
!' nlay’s dosing figures Inside of an hour,
'■'••ii the larger and well protected long
; '"■* have ii eliminated by this sharp
' r".ik. and the selling todny wn* decldeilfy
'"ore bearish character and by scalpers
b-ii..wing the trend of New York. Freqnvnt
showed that the markets are In a
* * ililder technical condition. Spot •news
f[ ill the Interior It so mixed In character
,,r " no Impression of a tendency can be
tmuen therefrom. On the whole, however,
1 soentN ng If the weakest holdings have
disposed of. There Is too little hen*
s* far to make a standard mark'd.
N* w York, Kept. 17.—Bartlett. Frailer k
\ ,r ' nfton: The Liverpool market was evl-
'• ..t!v rigged by the bear element today
»' r -harp advances were scored over night
‘ die Fngllsli board, and a rush of shorts
in New York and New Orleans opened our
slightly below normal In the northern.
Koine nights were cool. The sunshine wn
deflcl#nfr Istonily. henry rains occurred In
deficient. Drought continues in a few north
western comities.
Georgia—The weather was abnormally
the 11th nud 12th, but wus warm-
urred lu till districts during the first
three days and In tlie southern portion the
rest of the week, but the rainfall was con
siderably below uoriiinl, except in the
southern portion. The sunshine was defi
cient.
the smith.
Mississippi—The weather was quite cool
until Saturday, when a change toward
warmer occurred. The mean tempera turn
slightly below normal. Ilnln fell on
three days. Th6 amounts were light to
noi'erate In the northern portion nud con-
rally heavy In southern, being eipoclnlly
.jenvy In extreme southeastern comities.
Sunshine was nearly normal.
North Carolina—Temperature wns nbout
normal In the western dliftrlct. Elsewhere
It wns nearly 3 degrees nbove. l*reclp|.
needed. 8uusblnc wns sufficient.
Oklahoma nud ludlnn Territory—comer
•fid. generally elver weather prevailed dur
ing tlie week. Mean temperature wni lie-
low normal the deficiency netng due to cool
nights. Hnnshlne wns nbore normal. There
was-no preelpltntlou of consequence after
the general rnlus of the 8th and 9th. Mois
ture Is needed lit some localities.
K'outh Carolina—Mean temperature was
above normal, but the nights were cool In
the western portion. Showers occurred fre
quently, nnil parts of the state received
ample rainfall, but In n few places more
rain would lie benefidnl Sunshine wns
below normal.
Tennessee—Temperature wns slightly
low* normal. The mornings of the 11th and
12th were unusually cool. General rains
occurred on the 9th and 10th. followed hy
fair ami cool weather. J’reclpltatlmt was
generally above iiormnl except In some cen
tral counties. Sunshine wns ample.
Texas—Khoweri on three day*, but there
Aiual Copper. , . ..
Am. Ice Securities. , .
Aui. 'Sugar lleilnery. .
American Hiueltlug. .
Ait. Loconitlve. . , .
do. preferred . . .
Am. Cnr Foundry. . .
American Cotton oil. .
Aunconda. ......
Atchison
do. preferred.
Atlantic C. Line. . . .
Brooklyn Itnpbl T. . .
Baltimore N Ohio, . .
Chesapeake A Ohio *
Canadian Fnclflc. . ..
Chicago * Alton. . ..
Consolidated Gas. . » .
Central Leather. . ...
do. preferred
Colorado Fuel A I rod.
Corn Produce ....
Colorado Southern. . .
Delaware A Hudson. .
Denver A ltlo Grand!.
Distillers’ Securities. .
Erie . * .
do. preferred. , , .
General Electric. .
Great Western
Great Northern pfd. .
Illinois Central
Interlniro ,
do. preferred. , , .
Kansas A Texas. , . «
•i
s
o
s
S
52
634
*iU
634
.614
111%
Bu
61%
iiT
R
1
%
at
at
174
R
82"
IF
A
f
&
91
JSi
1:::
si
82*’
r
.S|
P
87
82*’
46%
91
38%
166%
22**
22ii
22”
22%
168
158 ‘
158
23%
52
ids
62%
624
21
204
21
127^
*5%
128%
127 Vi
ii
nt
T -
TS
9
SBH
*4
NAME OF STOCK.
Kansas X Texas pfd. .
Louisville A Nashville.
Missouri Pacific. . . .
Mexican Central. . , . ,
New York Central. . . ,
Northwestern
National I.end. . . , . .
■Norfolk A Western. ., ,
wort hern Pacific
Ontario A Western. , , ,
Pennsylvania. ......
Pacific Mall
People*! Gas Co
Pressed Steel Car. . . ,
Beading
Uoek Island. ......
do. preferred
Republic Iron A Steel, ,
do. preferred, . . . ,
Southern Pacific
Southern Hallway. . . ,
do. preferred. . . . .
St. Paul. ........
Tenn. Coal A Iron. . • ,
Texas Pacific. ......
Union Pacific. ......
U. K. Rubber
do. preferred. . • . .
U- N. Steel. .
do. preferred
Western Union. , , . . ,
Wabash
do. preferred.
83
NEW YORK.
LIVERPOOL.
2 p. m.
Following Is ths opening range,
nud close, Compared with yesterdi
Futures opened steady.
Opening Previous
Range. 2 p, in. Close. Close.
September.. 6.39 -6.43% 6.43% 6.88 6.17
Sept.-Odf.... 6.22 -6.28;
Oct.-Nov.6.18 -6.23]
Nor.-Use.,.. 6.16 -6.2JI
Iler.-Jan6.13 -6.19*
t an.-Feb..., 6.13 -6.18
Vb.tMar ........
Mnreh-Aprll. 6.15 -6.20
CM
6.23 6.16% 6.24
6.20% 6.13 6.16
.... 6.11% 6.14%
6.18 6.11 6.14
6.11% 6.1“
__ 6.12 6.15^
April-May... 6.11 -6.20% 6.20% 6.12% 0.16
May-June..» 6.16 -6.21 6.29 6.13
Closed quiet.
NEW ORLEANS.
tuT^iff ,l ^?, r l rj n l : B .r n y '* ™ ,,on ,o
TIPS FLASHED
From Wall Street.
Kept.. ,
Get. . .
Nor.. ,
Dec.. ...
Jail., .
Feb.. .
March.
Anrll .
May. .
s 5
rsiff.-j 1
Closet! steady.
*2
11.43 ■
11.37^
11.34
II. 34 Itt 1
III. 38-36
11.3tT[
11.43-49
11.50 52
11.2
11.24- 26
11.25- 28
11.26
11.39-40
11.42
NOTES ON GRAIN
Pointers ou Provisions.
Special to The Georgian.
(From Hayward, Vlek A Clark.) ’ ,
Chicago, Sept. 17.-Bnrtlett, Frailer A
Carrington: News . from the Canadlau
Northwest was more alarming, there being
n continuation of thd unfavorable weather
which has luereaied the damage to the
crop. Temperatures of .28 to 34 Sunday
night were reported, A confirmation of the
reports of Saturday, telling of damage, were
received from different sources Monday.
One report said that only 40 per cent of the
entire crop hns Met cut auil ouly 60,000
bushels threshed. . . . .
Chicago Record-Herald: American wheat
..ad flour were In active requeat In all the
lending market* at the end of the week.
Milwaukee claimed that continental Europe
was bidding freely there for flour, and
aouthwestern markets did not deny that the
flour trade was In excellent position both
ou domestic ami foreign «ccount. Cash
wheat brokers here claimed that the chief
HOLIDAY IN CHICAGO.
Chicago, 8ept. 17.—No grain market to
dny on account of election.
ATLANTA MARKETS.
FRUIT AND PRODUCE.
LIVE 1- rol't.TnV-lIl-n. flrtlvp.
rblrkrn. (fre.U), 22V4t(SO<-. Duck. (l>klu) »•
meh; pmlillo, 3Sc t-acli. Turk.)-, octl.c, J6c
P Di/b88ED POULTRY—Turk.,., ilrtwn.
pnODUCB—L«rd; IS. pound: hum. nrtlr..
tic pound: .boulder, notlr., lOtflic pound:
tldr. ncUr«, llo pound; butter dull, lofililir
pounil; lerenwni netlre. Sc pound;
TOlSSSSkaPW M-Menn. .. ...
Swift A Company's sales of fresh beef In
Atlanta for the week ending Saturday,
TO per
VVEATIIER REPORT.
difficulty In closing up business was In September 7 average 6.70 per pound,
flndlug a buyer who,was willing to let f»»»bnimnns. 4e pound: plnenppes. Florida
nt a reasonable price. Bids from Eastern stock, none; limes, Florida stock, 60 per
the middle and upper const counties, the
gran test being 6 Inches nt Galveston. The
imriuai wns also exceeded lu several south
western nud ii few northeastern counties.
Sunshine wns ample. Days were warm niul
SHORTAGE IN ALL CLASSES
‘ STAPLE AND FANCY COTTONS
New York Commercial: I’rlees nt
rlose of tlie week were stronger than nt any
time earlier In the month on staple and
fmiev cottons. Most of the selling agents
are In n position where they enn command
their own prices for goods to he delivered
within three months. It Is the shortage of
•iff. Whether gray, brown or colored cot
tons nre considered, the fact stands out
l>nuiilncntly that mills can not keep up with
heir order*. There Is no r *— *~ -** L
this side of January. From the experiences
that Jobbers nre hnvltig It Is apparent they
can not replenish their fall stocks of cotton,
knit goods, white goods or linens. The
agents who are able to neeept small spot
orders for Imported hosiery, underwear,
silk piece goods anil Dim* dress goods have
to apportion their merchandise among their
patrons to the best of their ability. On
cot toll yarns trade haa Increased somewhat
since the revision of prices on medium
nmi low counts. It la said by agents of
woolen mills that prices on dnpllrates for
soring nre working up slightly on the lines
that have sold well on inltlnl orders. All
brunches of retnll trade nre reported ns do
ing n Immnlng business on fall lines, and
tlicli- calling for goods ou duplicate orders
hears out this statement*
. Print Cloth 8nles Light.
Among the cotton goods brokers and sell
ing agents It Is stated that spot nud near
by delivery goods In narrow and wide print
cloths nre sold up ao completely that new
business from day to day naturally figures
up small. On gray goods for future delivery
Into the spring mouths mllla nre more in
clined to consider projiosnls. Sateens and
twills keen firm, na spot demand Is more
than sufficient to take up goods coming
Into the market. Regulars continue to be
quoted nt 6!ie.
exporters and from abroad curried the price
here for No. 2 rad if Inter and No. 2 bard
to lc Imlow t'hleago-delivery e. I. f. Buf
falo. The last previous sale had.been at
l%c below Chicago December. Philadelphia
wns the storm center for export demand
early, but the Inquiries spread out to New
York and Baltimore later. Comparatively
,U00 bushels wheat and 85.000 b
There were charters of vessel room acre jnr
100,000 bushels wheat nt l%e and for 100,000
. * ‘'uffnlo
‘ * Berlin
owlnj
_ 'or ens!
grain ht advancing prices/ Uusstau crop re-
iris «*ontlnue very unfavorable. Broom
ity-
the advance thnt the opnortnn-
ot lie let slip. The deelln.s
r York and New Orleans opened our forced at nfiqnt uooii was due to the
» up from Sttlo points After a fur- Giles report, which was Interpreted as bear-
mlP, .Jill,.* Pfrt- l»h. WVath.r rjl.dlUoM ftraraWe.
" ns put •»!! prices and lower lev-1 Prices now WOWn. Wfl poiius. anil mar
ore reewnlrd” tllan SeSml yestenbiy. \ kef shows
i* such an nttrartlve proposition for j nnsettled feverish mnrki t with t«ndeney
ear crowd to Jump *
quoted the wheat futures advancing owing
to small receipts nud large demand for cash
finII cabled that the ontlook for the Gerisnii
potato crop had Improved and thnt there
had been tL small Improvement In wheat
An Argentine cable brought the official
report that the acreage nnder cats there
had Increased 40 per cent.
After reviewing at some length the con
ditions which have made « short crop of
spring wheat In the American and Canadian
Northwest snd In Russia, Ames-Rrooks, of
Duluth, say: "Summing the situation up
ns a whole, we would aay that the possibili
ties In the wny of prlce-mnklng this year
nre ns large as In any recent rear, and we
shall probably «*« wider and more rapid
fluctuations In the price of wheat the com
ing twelve months than we bnve had In this
country *n *!•• last six years, not even ex
cepting the rust year. It will not tic atir-
C rising to see wheat In the primary mar-
ets of Duluth and Minneapolis sell us high
ns $1.76. and. on the other hand, sharp
break*, of 5c to 10c per bushel may come
any time from natural causes alone. To our
foreign friends we would say that we be-
Hove the policy of the American financial
Interests tnls year will t»e v as far na they
the crop or gral
na to convert It Ii
badly needed III o...
"Chicago red winter wheat Is
cheapest wheat In the World," said W. S.
Crosby, "and It will not remain long nt Its
present discount. It makes as good flour
grain nfid Its sale abroad ao
‘ Into ready money, which Is
hundred; peanuts In sacks averaging 106
pounds eaen, owing to grade. 6%1T8c pound;
cantaloupes active, I1.2mi1.60 crate; water
melons, 5610c each 1 , Georgia peaches. $1,606
1.76 per elate; rhubarb. 7oc.
VEttETARLKS-rptatoes (new), 88.00 per
barrel; per bushel, $1.00. Onlona (Georgia),
10690c bushel; Spanish. $1.25 crate; kraut, %
barrel, $3.76; cabbage, 2c pound.
GROCERIES.
j», 6fl6%c; head. 6®7e: fancy
ic, according to the grade.
[—Fancy foil cream 16%c; Georgia
“ ^ JL.
..••v •. *•..*) —-r* pouml.
lemon. 8c; oyster, tc; barrel randy, per
pound. 6%c; mixed, per 8 pounds. 6%c; toma
toes. 2 pounds. $2.00 case: t popup!
navy beans, $2.33; Limn lieana. •%*.
matches per gross. $1.66: macaroni. 6%67c
pound: sardines, mustard. $125 case.
SUGAR—Standard granulated 6.50; New
bulk
In bags and barrels, lfe; green, 11012c.
Shredded biscuit, tt.00 case; No. t rolled
oats, $125 case; sack grits, 96-pound bags,
$1.86; oysters, fnll weight, $1.00 ease: light
WEATHER CONDITION*.
The high pressure.area thnt wns centered
In North Carolina nnd Virginia yesterday
morning oeeuples practically the same posi
tion today, but dfie pressure Is somewhat
lower throughout the entire eastern half of
Hie country. With decided ftfils noted In
tlie northeast. I^iw ureas nre centra! nt
Portland, Me., and Yellowstone Park.
Cloudy weather prevails over the lake re
gion. Ohio and Mississippi valleys nud the
northwest, and rain has fnllen In the last
24 hours In the states uloug the northern
and southern Imrdeni of the country, nnd
nt n few sen tiered stations elsewhere.
The temperature shows mi mnrked change,'
hut the tendency bns been to warmer
weather lu most sections.
Existing conditions Indicate continued
threatening weather lu this section tonight
and Wednesday; probably showers Wednes
day.
COTTON REGION BULLETIN.
Special to The Georgian.
.. (From Hnywurd, Vick A Clark.)
New York, Kept. 17.—Bartlett, Frailer A
Carrington: London market for Americans
Wised. Union Pacific, Reading and Ht.
Paul are all fractionally altove purity. Home
of Inactlves nre lower.
Copper situation reported as very unsatis
factory nnd a further reduction In price of
metul looked for.
Judge Gary, of the Steel corporation. Is
optimistic ns to the future of steel while
admitting a curtailment on pnst quarter.
Railroad list shows some disposition to
break away from Industrials. Earnings
continue to show fair lurrenses mid ex
penditures are falling uwuy, leaving larger
net returns.
The Standard Oil case will be an Influen
tial factor for some time to eouie, the hear
ing beginning today. Several prominent
men have been railed to the stand. It Is
expected the esse will lie a long drawn out
affair.
A further break In Industrials would not
Ik» surprising, while railroads should show
more stability front Investments. Irregular
ity Is expected nt tile opening.
Heavy covering throughout the list. In
cluding Industrials. Northern Pacific shows
up exceedingly well, and Ituylnq there is
said to be of good character.
Northern Pacific keeping well In the lead.
The Idg earnings reported on lllll roads
basis for tlie advance. Strength lit Steels
raring sentiment around to bull side.
The most general tip on the floor Is to
sell Steel short. The demand for this
stock In the loan crowd would Indicate thnt
the tip Is being followed to quite till ex
tent.
Missouri, Kansas and Texas common Is a
good low-priced stock to buy for lilghe
prices. Its earnings nre excellent.
Town Tuples: Bearish attacks on the gei;
rnl list are growing weaker, nnd ou eve
natulnnl concessions the better rails are lu
In* picked up by blinking Interests thnt
feel Increasing confidence lu (be monetary
eruditions and outlook and the underlying
situation. Whlli* the Iienf pnrty may 1m* ex
pected to continue Its demonstrations
against the Poppers. Steels nnd Industrials
generally. It would require only the ann**n
Atchison nnd Ht.
Many of the Industrials are also heavily
over-mtld nnd ire urge ngnlnnt a too ln'iirlnii
attitude toward this section of the list.
Scarcely any further effect Is likely to grow
out of the Standard Oil hearing, at least
until the matter more nearly approaches n
conclusion. The falling cotton prices will
tiring about n large foreign demand which
will add to the aiu.mtit of gold we will soon
be Importing, n most helpfnl Influence, while
the Coppers would see in to tetve discounted
the effect of a ppssllde reduction In the An
aconda rate of dividends this week. The
market will lu all likelihood bark and
All for n few days, but advantage should Im>
taken of all recessions of n isdnt or so to
boy the good rails, especially these men.
Gourd, which should Im» held for large prof-
Its.
Hell cotton on nil bulges.
Bur the grains only for turns and mi
breaks for u couple Cent per bushel.
The early l^itulrn iwlres for American*
show fractional Improvement.
STRONGAND BETTER
Majority of the List Showed
Advances At the Open
ing.
COPPER STRONGEST
Opened 1 Per Cent Higher.
Fractional Gajns Were
Numerous.
NEW YORK COFFEE MARKET.
•w York. Kept. 17.—The quiet resistance
ug the railroad stocks which has been
eed constantly for several dnys had Its
logical sequel tills morning lit n sharp ad-
•e In prices nil along the line. There
• no dcvcbqunfuts lu the antslde news
pt that the MtM>euliitive copper pinrket
lu London showed for the first time very
positive signs of recovery. Itumora worn
circulated also, and credited l.i many quar
ters. that the Anaconda director*, who meet
today to declare tie* quarterly dividend,
would make no reduction In the rate, Uu- ,
der these clrcuniMtanrc* there wns n vigor-*
ous rally ngainst the short Interest In the
copper shares which bad assumed considera
ble proportions and the stimulus of this
apparent In other departments of tbo
by tb - accumulative movement which went
«»n more openly In Northern Fnrlfle storks
and which was m-canpniiled by predictions
that nn extra dlKtrlluitlon of maim sort was
In store for holder* of these shares. Tho :
entire list rallied early, quickly continuing .
the favoraldc oiuilyslN of the technical stt-
tuition which bad been made on the pre
vious days.
New \ ork. Kept. 17.—Tlie stork market t
opr or I strong. Initial prices showing gains
of 1 per cent-In Amalgamated. % In South
ern Pacific and Kcndlii*. % In Northern Ibl-
rltle nud *4 In United States Meet common.
I nh»n Pacific • pened % higher nnd gained
In all %. Smelling gained % nt the outset
and lu nil 7f. Steel preferred opened %
higher and renefed it. St. Paul openeil %
higher. Kansas and Texas gained %.
('losing bids fid low :
Hai'way Stocks.
Atchison R7
do. preferred I
The following figure* gtvi
a age sad dose of the New York coffee
mirket for toilsy
New York
I'eunsyl vii ula
Reading .. .,
the openjn* Rock Island
- — -> n|| | _
Baltimore nud Ohio
Catiiidlnii Pacific
Chicago and Nor! Ii western ,
('(dorado Koatberu .. ..
Denver end Rio Grande
Erie ..
Itoulsrlllc nud Nashville ..
Mexican Central
Missouri Paetflc '
*• -• nt rt ,|
March
April .
Slay ..
June ..
July ..
Opentni;
Range.
..6.664.16
..6.19-6.20
. .6.9) 6,25
..6.2D-6.39
..6.884.86
..6.304.40
..6.354.40
. .6.864.95
..5964.00
..6.054.10
Close.
6.61-6.65
6.C54.11
6.164.15
6164.20
6.254.36
6.254.35
6.304.35
6.354.40
5.86 6.85
LtfAJD
5.H6-5.65
5.954IU
Closed barely steady. Salt*!*28.750 twigs.
COTTON SEED OIL MARKET.
Following Is given the opening and clos
For the 24 ho«r. 7nW „» I m.. ntb .'inVkVt'" ,b ' N ' W V ° r ' 1 C °" m *" J
«»rM|nn time. Sent cm her )7. too:.
weight, $l.)0 esse;,
ing powder, $6.00 case
case: pink salmon. $4.f
m- jssa
esse; corns
I.ling nt our stock, It will uot take long to
dissipate It."
Corn will be pressed Into sorrier more
largely Jn the brewlhg Industry this year
than ever before. Milters are paying SOe
to 82c In the country for a bushel of ~
to 47e.^^®
Canadian Bank of Commerce estimates of
the grain crops of 3ISnltolNt, Saskatchewan
and Alliertn nre 11.811,030 bushels of wheat.
76.W6.000 bushels of ofits, nud 20,743,000 bush
* of barley. A large majority of the triub
.itlmntcs of the wheat crop of the Canal
itinn Northwest are brio# 76.000,000 bushels,
and most of them are between 60,000,030 and
fiLOOObOOO.
MONDAY’S MARKET LACKED
FRIENDS AT EVERY STAGE.
i the market this upward.
HAYWARD, VICK & CLARK,
COTTON, STOCKS, BONDS, CCFFEE, GRAIN AND PROVISIONS
Carondel.t end Gr.vl.l- Sti., New Orleans
MEMBERS:
Sr S! , « n ‘ »•«!» 88SSJZ*SkSJWiflWlSat
York.
York Cotton Exchange,
Gr.-cctoti Cotton Exchange.
fssarsgssr
\>w York .nd Chlcp> rorretpondMli.
j. 8. BACHE &. CO., AND BARTLETT, FRAZIER A CARRINGTON,
private WIRES TO ALL POINTS.
New Orleans. Sept. 17.—The Tlmes-$)em
ocrat: "Yesterday’s cotton market lacked
friends nt every stage, the high price men
seemingly haxlag reached the conclusion
thnt tb^ source of greatest anticipated
strength, the spot market, was no lunger
to lie relied upon. The trouMes start**.!
almnt two .weeks ago when Savannah lie
gau nndernelllng Texaa by a full cent on
actual cotton. Since then Texaa haa de
clined more rapidly than haa the future
market, and by the best available data yes
terday had over mat the dee!In* *M
siHraulatlre market by about %c.
plus having gone toward meeting
eoni|>etltlon. Thu* the situation at the
Host of the market was anything other
Gian encoaraglug for the reason the talent
can not hope for a return of steadiness
until the farmers and Interior merrhnnts
who have cotton for kale put on the
brakes. Most of the distressed cotton has
now been thrown over, lint this telegram
from an authoritative Galveston sourra re
veals a new cause of confusion: 'Spots
quotations at Galveston nre a Carre. Strict
middling «obl here yesterday at 12 t-16c.
ihMMfhnni'HnjiiafJ, Vick
rniHf. I'ln. w ihiuii, ▼-• —- . .^, t. ,
chocolate. 33c; snuff. 1-pound Jars, 48c; roast
lieef, 12.60 case; syrup (New Orleans), ~
FLOUR AND GRAIN,
FLOUR—Highest patent. $5.75: best pat
ent, $5.25; standard patent. $4.75; half pat-
per bushel, 85c.
rillUKEN FRED—Fifty-pound sacks. $!»
Funla ehlek feed. $2.00; Victor feed, $1.65.
OATS-No. 2 white. 68c; No. 3 mixed. 66c;
Golden oats, 65c; white clipped, 70c; fancy
W M l }?Al!-ftnln. 72 irar 96-pound sacks, 86c; 48-
pound sacks, 82c; plain, 24-pouud sacks, 83c;
germ, ft.66.
HAY—Timothy, choice large bales. $1.35;
do., choice small bales, $1.30; No. 1, one
third bales, $1.25; M I one-thlrd Imles,
$1.20; choice prairie, $100; Bermuda, $1.00.
SHORTS’—Choice white, 81.70; fancy, f 1.61
brown (HO to ino pounds). $1.60; bran, $1.40.
COTTON SEEb MEAL—Prime per tot
50; No. 2 pc? ton, $24.00; hulls per to:
Atiumu, cloudy, . . . . .
G'hnttnnoogn, p, cloudy ..
Columbus, p. cloudy.. . .
Gainesville, cloudy. . . .
Greenville, clear
Griffin, cloudy
’Macon; clear
MoiitlceRo, clear
Rome, p. cloudy
xMpiirtniihurg, dear. . .
Tocooa. clear
West Point, dear. . .,
Delayed data. Sept. 16:
cloudy. . .
MoiitlceRo, cloudy.
New nan,, cloudy. . .
TnllniHman. cloudy..
r ^Minimum temperature* are for 12 hours
ending 3 a. tn., this date.
xReceived lute; not Included In district
averages.
m
PROVISIONS.
PUOVIRIONfi.*—fluprrm, lumi, IS!*-: I„l-
II... 20«2S pmind. un-raff. 1*4; r.t l>»i-k«,
«.»: 8opr.nl. I.rfl, 104. rurlijr e*ni|H>iind.
*. C.lllornl. bam,^: dry nit .11,., 1.3).
FISH—tlimm, 70c poimd
ponnd; trnnt. if ponm
pompnno. 10c pound; ■
pound: an.nprr. 10c
111; iilu. flab. Jc pound;
m.ck.r.1, 124. pound;
rmh wutcr tir—
^ AND TIES.
f AOGINU-14 III, 104c: 2 111., lie;
: r>- mllcil duH-ond hand), T‘tc.
1ES—New 11.10 Imnrb. ai-eond-h..
W puuillli L ,
mlicd fl'g-^Q({ing * ’J!. , IT» ,r<,u L **•
24 lb..
ha.d M
HTtH-Kttfiurmnn. ISc; Ferffunn,
Ki!i. r '»27S.- 4 k.ff*
11.60; Dupont and Itnrnril anink.lnni, halt
k.(. lll.B; 4 keff. B.»: I-lli, i-.iil.icr.. 11.
lea. 25 per cent. Tndidorf vnokrlc pow
er. l-ln. ennt D.
8IIOVKIJ4—(• tn III p*r doten.
t’AUDH—t'ottnn, S4.T5 per dorm.
i’LDW BLADES—fie per pound.
IIION-24C per pound bone; Swede, 44c
pound.
AXES—17 per dmen line..
I.F.AD-04: bar 74. nouud.
NAII.8—Wire, IT.fc keff. I«*e; cut U*>
jfllOKK-IIorni-, 64.2504 75 keg; mule .hoc,
64.2544.75.
BUCK ETS—Paint. 11.7# doten; wklt. <w
d.r. throe hoop., 54.K .
rilAIN’H—Trace 644* d»*oo.
tlD.V POWDER—‘
Ibot. M.Vi
BHOT—62.46 Kick.
Pot ko», Auatln crack
LIVERPOOL GRAIN.
4'issr , ru^^^/,r , *‘ l! » «• 1
Corn opened unchanged and nt 1:80
m. unchanged. Closed % higher.
diswct mums.
H V .t
ill
I Opening.
Ki'ptember .YlWfir.l
OetolNT W%4»51
d
Closed firm.
Closing.
63 ft 55
5)«4rt5-)%
43146) 44*4
41 «l41>4
8
Konthcrn I’aHflc ' sMi
Si hi them Railway ja
Union rnelfic *
TValtash il2
Iutcrb.ni* Mi-ti-o|iii||inii .. 8%
Great Northern .. .. .. jjj'
Miscellaneous.
Amnlgnmnted Uofi|H>r 61%
American far and Foundry.. 37%
American Ux-omotlvc 6i%
do. breferred..
Brooklyn Rapid Transit.,
t’(dorado Fuel and Iron..
Xntlounl l.ea(l
rtorlfie Mall
('(Hiplo’M Gas
I'ressed Steel Unr
Uagnr
Tallied States Steel
United Sts tew Steel preferred.,
Ms<■ say * otttiainy nreferred.. .
Maekav t'omisiuy preferred.. ..
\ Irglnfu-t ufinltut Cbcmlsul.. ••
v . the METAL MARKET.
..: P -’ ' a rK* •*? 0 I ,J - 17.— Copper showed an
K emphln. . . .
oldie
Montgomery. .
New Orleans..
* # Oklnhonin. .
Hnvutiuab. . .
Vlekshiirg. . .
Wilmington. . .
' T. indicate* insiqireclslde rainfall (1) For
yesterday. (2) For 24 hours ending I a,
76th meridian time.
••Missing.
Remarks.
The temperature changes for the pnst 24
hours are not * * *'•“
lielng very smi .
Light nhowers occurred In nil districts
except Augusta, the amounts being Inappre
ciable lu Atlnnta, MoblK*. Montgomery, and
Wllmlugton districts.
WEATHER FORECAST.
Washington. Kept. 17.—Weather conditions
nnd general forecast:
Conditions nre generally unsettled this
morning except In the South nnd Houthwcst.
and there were showers over the northern
tier of states from the Pacific to the At
lantis*. There were also light local sbowere
In the South and In the lower Missouri nnd
middle Mississippi valleys.
Temperatures continue high east of the
Rocky Mountains except in the upper lake
regiou. ranging from 6 to IS degrees nliove
the. seasonable average.
Wednesdnjrln the south Atlantic snd
Virginia—Partly cloudy tonight; Wrdne*
Ninth Carolina, Georgia, Eastern Florida.
Western Florida. Alalmma and Mississippi—
Fair toulght; Wednesday local showers;
light to fresh northeast to east winds.
LIVE 8TOCK MARKET.
Chicago Kept 17.—Ilogs—Receipts 15,00,1.
l]*ht t6.96flfi.66: mixed 15.69
Cr«.62%* henry K.Wtd.'X-, rough ffi.3Je6.67;
P'K* $5.5fl^6.4(>: yorkers $6.56^6.63.
Cattle-Receipts 10.000. Mnrkef steady;
Lriiyi!? $ti$7.25l«>ws$Lafi6.60; Texas steer*
w.pffo; calves $5.^07.75; western cattle 844i
6.10; stockers and feeders $2.60^5.
Khee|e—Iteceliit* 22,000. Market 10e lower;
w r" tPn ‘ W.25«6.86; yesr-
U»»g* 36.fiiJg4fi.40; lambs $5^7.60; western $3
t/7.65.
ATLANTA CAMP
TO HOLD MEMORIAL
Th. iA-nual memorial rorvlre In hon
or of member, who have died within
the pant yenr of Atlanta Camp No. 153,
Confederate Veteran*, will be held on
the evenltiK of October 3.
At a meeting of the camp Monday
evening, held In Cnptnln "Tip" Hur-
ilMon'* office In the capital. Rev. T. P.
Cleveland, chuplnln of the enmp, wn.
r.| pointed a committee of one to ar
range for Ihe memorial service.
Since October 1, 1606, to tn. date
the camp hua lost twenty-one member,
by death, the largest number ever re
corded In one yenr. Lieutenant IV. R.
McEntlre, it Text., a former Oeorglnn,
v-aa tho gut at of the camp Monday
evening, and wua given a cordial ri
ce Wlon.
MAY PROSECUTE
WESTERN UNION
Columbia, 8. C, 8ept. 17.—There
wan a lengthy dlai-UHalon before the
ntnte railroad romnil.Mnn thl. morning
upon the queatlon of whether the West
ern Union Telegraph Company haa
been guilty of fraud upon the citizen,
of thla alate by It. admitted practice
recently of mailing telegram* filed and
prepaid for wire tranamlnalnn. The
rommlnalon haa not yet announced Its
decision. It I. likely that the commis
sion will ask for more evidence before
deciding whether to institute criminal
proceedings.
MONEY AND EXCHANGE.
■w York, kept. 17.—Money .on call. J4«4:
suSr«£"!f ''ogi. 64464; W iftja,
S%fi5^; six moil ib*. r# prr cent.
P4i*t , M) rates: Htcrilug cxcbangP. $4.82%0
1,1 bankers* irflffi
at $4.Sa|iK(i4.JOoO for (leuinud ami at $4.8l*&
for iffilay bills.
J’rinio mer<*niitilc paper iiucliuugrd.
V^mihin bar silver sternly % lower at 8tW<L
New York bitr *1|rer 67%e,
Mexican dollar* 52%c.
MINING 8TOCKS.
Boston. Kept.17.—OpenIng storks: Greea*.
c SIMIU1I 9%. North Butte 47. Hhanuoa 10,
t*s 1 nmet-Arfsotia 112. Copper Range 07%,
Utah mining 35. Market strong.
THE LONDON 8T0CK MARKET.
8TOCK8—
Auaeoiidn
Atrhlson
do. preferred
AmalganiNted Uopuer .. .
Baltimore und Ohio .. ..
Chesapeake and Ohio .. .,
’n nnd Ian 1’arlttr
Erie
do, preferred .. .. ..
Illinois Central
laoutsvtlle nnd Nashville
Hanna* nnd Texnn .. .,
do, preferred
Mexican Central
New York Central
Great Western
, vnnta
Ontario aud Western .. ,
Northern Fnrlfle
Norfolk and Western
Fhllad *
K(**k
Houthrrn . .
Moutheru Hallway ..
do. proforrad ..
Kt. Until
Union Partite
United 8tn((*s Hfrrl
do, preferred
4% | UNION __
savings Bank
Could Building
CAPITAL STOCK ... ft00.000.00
- 0 . I RESOURCES ' ft/
4/0 $250,000.00 4%
THE SUGAR MARKET.
New York, Kept. 17.—The domes! lo refined
sugar market wus steady aod unchanged.
Lov*bI raw* steady. The Iaondon l**et sugar
in .rket was steaily; Heptemlier. %d higher
at 10s; October 1%*I higher at 9s ll%d.
ATLANTA NATIONAL BANK
ATLANTA. GA
C E. CURRIER, Pre.ld.nL H. T. INMAN. Vlee Prc.ldenL
GEO. R. DONOVAN, Cathlcr.
JAMES S. FLOYD, A.ilitant Cathlra.
Capital $500,000.00
Surplus and Undivided Profits $650,000.00
We Solicit Your Patronage.
ALONZO RICHARDSON & CO.
PUBLIC ACCOUNTANTS. AUDITORS AND BANK EXAMINERS,
Audit., Sp.ci.l Examination*. Costing and Sy.t.m.tiling.
EMPIRE BUILDING, ATLANTA. GA.