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V AX1X< Al.Liilat l-A UJ^UXIUIAIN AiNJJ INHiVVC. SPOT iK LIVERPOOL Futures Markets Follow Downward Trend of the Raw Material. LOWER IN NEW YORK Trade Dull—Short Covering Caused a Rally About Midday. New York. Rent. 19.—Uader the Influence nf weak cable* from I.lveriiool the local cot ton market opened easy- Hie depression In the English market, according to private mldes, wus due to a smaller demand for the Spot article. After the call price* turned steadier, advancing about 7 points, innluly on leant that au area of low pres sure now off the southern Florida const might develop Into a tropical storm. I .a ter the market sold off 1«3 point* ta- low the low point* yesterday, to he fol lowed by a sharp advance on nredlctfoua of wet wenther over the licit on Friday. The late advance was well held tip to the close, wjilch was sternly net 8 to 9 points ntave thu flnnl quotations of Wed nesday. Estimated receipts Friday: 1907. 1906. >>w Orlenna 700 to 1,800 4.893 Galveston 5.000 to 5.500 15,471 Houston .5,100 to 5,500 14.411 DECLINE IN COTTON CAUSES HEAVY LOSS < Conditions Gonerallv Were Against the Sudden Collapse. FARMER CAN CHECK IT Refusal to Sell His Cotton at Prices Would Cripple Speculator. 8POT COTTON MARKET. ilia, quiet. lUiuiiiiiiK ll/t. York, quiet; middling 12.25. New Orleans, firm; middling 117,. Augusta. Ilrm; middling 11 11-16. vniinnh, steady; middling Ilf*. Norfolk, nominal: middling 12%. Wilmington, nominal; middling 11*4. Hn;t(more, nominal: middling 13. Boston. quiet; middling 12.20. Philadelphia, steady: middling 12.50. Houston, steady; middling 12c. Memphis, steady; middling 12*4- riuclnnatl, imiiilonI. St. Louis. quiet; middling 12*4. TODAY’S PORT RECEIPTS. The following table shows recelpta at tks New Orleans Halve*ton .. Mobile Savannah .. . charleston .. Wilmington . Norfolk .. .. Huston Total 1.0317 1,793 2.293 7.633 1,045 2.130 HAYWARD. VICK A CLARK’S - DAILY COTTON LETTER. New Orleans. Sept. 19.—The weather map this morning showed no further storm developments and this led to re selling of Jong cotton taken on for the occasion yesterday and a decline of 10 points In the market. Dullish enter prise Is cowed by recent reverses, and there Is no opposition to bearish efforts at all. A rcuctlon. If any, must come from short covering either In futures or actual cotton. On the other hand, declines In futures now represent an increase In speculative short lines. Un favorable financial conditions, money scarce and at a very high rate Inter est. even for legitimate, regular busi ness In actual cotton, are likewise hampering the expression of nny bull ish disposition that develops from time to time. The market recovered on publication of the government weather forecasts promlalng showers through out the belt. A spell of bad weather to check the movement and retard mar keting would be the readiest salvation from bearish control of the market. There Is more spot Inquiry here, hut so far little business. Our advices from Texas are quite emphatic that holders are not now meeting the oo- dlne. Trading In futures continued very quiet throughout the forenoon, with professionals apparently waiting for developments In New York. Hhould the rain materialise In Texas over night, short covering over the week end may be Induced. New York. Sept. 19.—Bartlett. Fra zfer * Farrington: Uotton lost ground at the opening today. There was an early decline In Liverpool and a later rally, hut foreigners sold In our mar ket and some short selling here caused the weaker opening. January sold at 11.25. December 11.20 and March 11.39. Americuns were sellers In the Knglish market, and It was thought this repre sented straddle business. There was no sign of the climatic disturbances talked of yesterday. Predictions for cloudy and showery weather held the market firm later In the morning ses sion, hut there was very little business and room traders generally were bear ish. Rallies of 10 points were scored at about the n«x>n hour on short cov ering. We favor the selling side fln the bulges, barring severe climatic dis turbances. We believe lower prices will prevail In the near future. THE SUGAR MARKET. New York, kept. 19.—The domestic refined lgnr market today was steady nnd tin- imaged with nil refineries doing business ii the basis of 4.90e net. less 10 per reqt >r cash, for fine granulated. The local »w sugar market Pslny was steady. The oinloii tact sugar market was steady, with eptember at 9* 105fcd and October at 10s 5*1. THE METAL MARKET. N'-W York. Sept. t9.-At the motnl ex ; change today extreme dullness prevailed •md prices continued heavy. •upper W** unchanged, while (In develop- p, l an easier tone, due to the reaction In Joe foreign market. Spot ami near by de liveries were off fie. Lead was down 5 points. NAVAL STORES. kbeelnl to The Georgian. . .Savannah. Sept, 19.—Turpentine firm «t • -H: sales 85; reeelpts 314. Rosin firm: sales 2.343; receipt* 2.406; win- •low glass 16.05: water white $5.90: M 43.75; * f®.35: K 15.20; I S4.7Sffr4.tf6; 1! $4,554*4.00; «JM8g4.»; F $4.4404.50; K H 20^ 4.30; D tt.9003.16; C II A f3.7S03.l6. hollowing are extracts from a circular letter, published lu The Tluies-Ueuiocrat, of W. II. Thomson a Co., cottou factors, New Orleans: *Ou Saturday, September 7. October fu tures closed at 12.7<. Mlddlug spots were quoted lit 13 9-16. On Monday morning, the 9th. nt 9 o clock, the ceusus report or the number of bales of new cotton ginned to September 1 was published. These figure* were 191,410 bales, or loss than ouu-httlf the figures of September 1, 1900. The mar ket broke Wiic 10 points. At 10 o’clock, the' bureau gave out Its estimate of the comlithm of the crop on August 25. These figures, 72.7, considering the backwardness of the crop, showed tue lowest condition In many years. Immediately upon the read ing of this estimate the market w.is siiiotli ••red with offers to sell, and upou the pru text that these reports made Important revelations not hitherto known and appre ciated, a sensational decline was Inaugu rated which continued with uiilui|Mirtuiit Interruption uutll Saturday, the 14th In stant. October sold as low us 11.54, and filially closed at 11.64. (Spots were quoted at 13c m.mInal. Money Lott 8triout. "A decline of $6 per bale within less than a week represeuts a serious money loss, but the fact that value could ta thus anni hilated without auy Just reasonable cause Is a consideration of graver importance. A mnit may waste his property, or lose It through Ignorance or mtstnkcti Judgment, uad the pecuniary loss covers the injury. When one's property is taken from him by unexpected assault, he loses not only his property, but his rights. It Is. there fore, of the first Importance that the ugeiujf JnflietJug such u ham In* discovered and fits* remedy for the wrong be found aud applied. "What momentous change transpired on the inorniug of the 9th to upset accepted Ideas »»r value with which tatj» producer aud consumer were content'/ "The ghiticrs* report was not radical. It was meaningless. The condition report of 72.7 on August 25, while slightly above the figure circulated by luterested persons at the probable average, was lower than thu teu-ycnr average for the corresponding date, and, therefore, dangerously low, lower by 2.2 points than the lowest July eoudltlou In ten years, and 18.9 below the July con dition of 13«>4. the year In which 13.500.000 bale* was made on 31.780,000 acres. Condi tions generally were against a decline. Look ns critically a* we may. we cun find no germane weakness that would nccount for the sudden collapse of the market. We must look for some outside agency. It l> Easily Found. The stomp wn* the result of a premedi tated attack aud persistent onslaught by a party of New York operators backed by ample capital and prestige In speculation. The assault was well timed. It was not resisted; It could not lie resisted. New York was the active aggressive ngent In the selling. Llvcr|>oo!. influenced by selling orders from New York and her own Inter est, ns the spinners’ market, offered no helping hand. New* Orleans could make no effective dc/cuse heroins* her forces hftd been depleted, ffowever willing the local operators tuny have been and were to strike, ns they have struck Indore, a blow for cot ton, they knew that they could not sustain the market without the sup)>ort of the great Southern public, snd this support they did not have. We hold no commission to pass judgment ii|hiii tile ethical question involved In the buying and selling of fu ture contracts. Kadi trailing may la* wrong, or may ta right. according to the viewpoint of the Individual. Nor do we undertake to nils* Judgment upon the wis dom or unwisdom of the radical legislation of the several states against trading In fu ture contracts. Time will speak to tatter effect than argument. We are dealing with the fnct* that grow out of these develop ments. The present Interesting faet is that such legislation tins curtailed the Ituylug power of the South, nnd. III so doing, hns deprived the producer or cotton uml Its friends of the only force that ran success fully resist unrestrained selling, snd save him from such n raid as the one from which he has Just suffered. Futures Heavily Sold. "In order to break the market 113 points within less than a week 111 spite of the fact that every legitimate Influence was against such n decline. It has been neces sary to sell a tremendous lot of cotton tlmt Is not In possession nor yet taught. These short contracts are still open and the market Is largely oversold. 11 rent prof its on these contracts may l»e figured ou paper, but these profits are unrealised as yet. In order that the profit* may Ihj realised, the contract nuist he liquidated— that In. the seller must either buy tack bis contracts or Ih* able to buy the equivalent in s|M>t cotton on the basis of the contract Edited by Joseph B. Lively. MARKETS 1 IL Mr. Lively’■ twenty-five years' experience of ed iting markets lo Atlanta and the South has made hltn n recognized au thority In hie specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAME OF STOCK. Auial. Copper. » . . . Am. Ice Securities. .. Am. Sugar Refinery. . American Smelting. . Am. Locomtlve. . , . do. preferred. . ., Am. Car Foundry. . . American Cotton OIL . Anaconda Atchison do. preferred. Baltimore X Ohio. . . Chesapeake A Ohio . , Canadian Pacific. . . . Chicago ft Alton. . . . Consolidated (lae. . .* Central leather. . . . „ do. preferred. . . . Colorado Fuel & Iron- Corn Produce Colorado Southern. .. Delaware fk llndaon. . Denver A Hto Grande. Distillers' Securities. . General Electric, , . . Great Western Great Northern pfd. . Illinois Central Interhorn do. preferred. . . . Itausa* A Texas. . . . ft 38* ‘ 32H IS 2* 2' l'MH m !«i mi 1M art M ss «%■ • NAME OF 8TOCK. Kansu* X Texas pM. . Louisville A Nashville. Missouri Pacific. . . , Mexican Central. . . , New York Central. . . Northwestern National Lead Norfolk A Western. . . , Northern Pacific. . . . , Outario A Western. .. , Pennsylvania Pressed Ateel Car; t , Reading Luck Island do. prefer red. . . . Republic Irou A Steel. do. preferred. . . . Southern Pacific. . , . Southern Railway. . . do. preferred. . . . St. Paul Tent). Coal A Iron. . . , Tfxns Pacific. ...... Uulou Pacific L\ K. Rubber. ...... do. preferred. . . . , U K. Steel , . ilo. preferred Westeru Uulou Wabash do. preferred Wisconsin Central. . . . do. preferred in*, M m lii*; NEWYORK. The following Is the range In cotton fu- 1 J3* tt k 2 11 1 |l* Kept. . . Get. . . .11.05111.20 Nov. . . .111.12 11.17 Dee. . . .11.2)11.37 Jan 11.25 11.42 Feb. . . .11.41111.41 Mnreli . . .i| 1.3911.53 April ! ! May . . . .111.45111.00 if.04 11.12 11.18 1L24 11.41 ul i*L44 iL20 11.12 11.35 11.39 11.41 11.50 1L60 sksx's-itss iviiiiaSi mrnm LIVERPOOL. . p. 111. September... 6. . ■ H. Sept.-Oct.... 6.22 -6.265* 6.2*1 Oct .-Nor 6.16 622 6.23 e.ii Nov.-Dee.... 6.13 -6.18 6.195* 6.125* Dec. Jim.... 6.13 -6.165* .... 6.12 Jan.-Feb...s 6.11 -6.155* 6.17 6.1U4 Feb.-Mar.... 0.1156-0.17 * March-April April-May ■Mwy-Jnne Previous Close. Close. 6.375* 6.42 ... 6.11U6.17 6.17 6.12 rll. 6.125**6.17 6.185* 6.13 .. 6.145* 6.16 6.185* 6.135* ... 0.1454-6.1S5* 6.19 6.14 6.205* 6.165* 6.165* WHEAT DECLINED Ignored an Advance of a Cent on Minneapolis Curb. OPENED FRACTION OFF Cereals Were Firm, and Scored Sharp Advance in Late Trading. Chiengo, Kept. 19.—Thu Minneapolis wheat curb was un 1c this morning, an attempt to fill up tue Chicago wheat crowd, but the scheme failed to work, ns prices here declined right from the start. Decemtar wheat sold at 99%4i98%. showing a loss of 9**' from yesterday's flnnl figures. Rains were general and mainly heavy throughout thu northwest. Frost failed to materialise In the northwest nnd tempera tures in the eoru Imft were warm nnd sea sonable. nnd very little moisture, just the sort desired for maturing of crops. Wheat dosed 101 l-8c higher; corn was up l-2#?-8c; oats gained 1 1-20 l-8c, while provisions lost 10026c. Grain shorts were heavy buyers, while liquidation was the order of the day In hog products. NEW ORLEANS. The following Is the range In cotton fn tnres in New Orleans today: 1 d l O 1 i i 3 J t) II t 2. a. ? Kept. . . .{ Get. . . .111.30 Nov . . . .1 Dee 111.211 Jnn 11.31 Fob I March. . .(11.45 April. . . .( Mn.v. . . .111.82 iV.44i’iL» jiVaii ii3'ii. - 24 ii.37 lL42jll.25|lL4t 1L56 U.40 iL56 lV.52iii!B2!iL52 11.40 11.40-41 11.36 11.37-38 11.40 11.40 11.55-50 11.57 11.62 64 11.42 ll.:t7 38 11.33 11.34 11.36 11.30 11.4951 11.51 ^ 11.57-59 Closed steady. — . CHICAGO GRAIN MARKET. 'Iilrngo grain and provision quotations for today are ns follows, compared with yesterday's close: Previous ATLANTA MARKETS. FRUIT ANoTpROOUCE. 1,1 vc i-wi I.im-»»*u» active. 40042c; chickens (fresh), 22544»36<*. Ducks (Pekin) 30e each: puddle. 28c each. Turkeys active, 18c per pound. DRESSED POULTRY—Turkeys, drawn, active. 20o pound; fries active, 2O0225*c lb.: hens. 16c pouud; ducks, drawn, raucy, 15t rrannd. PRODUCE—Lard. !2r pound: hams active, 16c pound; shoulders active. lO/JIlc jiound; sides ncthe. 11c pouud; butter dull. 100125** pound: beeswax active, 25c pound; uonuy "(right) active. !25*c pound. FRUITS—Lemons* fancy Messcna. 14.50; Swift A Company’s sales of fresh beef In Atlnnta for the week ending Saturday, September 7 average 6.70 per pound, bananas, 4c Pound; pJnenppes, Florida stock, none; lime*. Florida stock. 50 per hundred; peanuts In sacks averaging 100 pounds each, owing to grade. 65998c pound; nri—. ... . Octotar contract sold at 12,77 to ta prof itable It must be possible to liquidate It by spot cotton bought at 12c* ... the Interior. All Octotar contract sold nt 12c must find cotton for sale nt 113m* In the Interior, or It will not 1(6 profitable. Ail October contract gold Saturday nt 11.54 can ouly be liquidated profitably when cotton Is selling at 10?* lu the Interior. 8pot Holder Holds the Key. "If the seller of n contract can not buy spots on this basis ho can not liquidate Ida contract profitably by spot tender, nml he will he forced Into the contract market to Iniy back bis obligation to dellv spots. When this occurs for the verv rea son that makes him a buyer, he will tiud no one willing to sell him a contract. I'lieu the shorts begin to cover they will encoun ter not a selling market, hut a buying mar* ket. That they will have to cover Is lie evitable, and whether they will cover nt n profit nr a loss will depeml upon thu spot- ladder. "The ladder of *|H>t cotton has the key to the situation. If he refuses to sell his cotton for 107* In the interior, then the short who has sold at 11.54 will la* In dif ficulties and will be forced to buy tack bis mtract. If the spot holder refuses to -II Ills cotton nt 11*4 In the Interior, jen flic seller of it contract at 12c will be In trouble, nnd so on up the line." n want advertisement In The . omolxsly to do embroidery; 22 women answered It. 30e for n want nd. and II 40c box of Wiley's candy free. IHI1II1VI — EH* U, * m **', *'• K* H'lr, •• i■** --- I'vi.i..., cant a bmiics active, 11.2501.50 crate; water melons. 8010c cftch; Georgia peaches, 11.500 * 75 per crate; rhubarb, <oc. , VEGETABLES—Potatoes (new). $3.00 i*t Imirel; per bushel. $1.00. Onions (Georglsk 80090c bushel; Spanish. $1.28 crate; kraut, 5* barrel, 13.75; cabbage. 2c puuud. GROCERIES. RICE-Jap. MfSHc; head. 007c; fancy head. 7fii7‘*c. affording to the grade. rilEESE—Fancy full cream 165*c; Geo rain cane srrnp, 37c gallon; salt. 100 pounds. 5Pc*. axle grease, $1.78; soda crackers, 65*c pound; lemon. 8c: oyster, 7c; barrel candy, per pound, 65*c; mixed, per 8 pounds. 654cJ toma toes. 2 pounds. 12.00 case: 8 pounds, 82.28; navy beans, $2.15; Lima beano. 3Mc: test matches per gross, $1.88: macaroni. 65407c pound: sardines, mustard. 13.25 case. SUGAR—Standard granulated 8.20; New York refined. 4.M; plantation. Be. „ COFFEE—Roasted, Arhncklea, $16.00; bulk to bags and barrels, 12e; green, 11012c. Shredded biscuit. 18.60 enss: No. 2. rolled oats. 13.25 case; sack grits, 96-pound tags. 11.35: nrsters, full weight, $2.00 cose; light weight. $1.10 esse; pepper. 11c pound; bak ing powder, S5.00 case: red salmon. $5.00 case: pink salmon. 14.26 case; cocoa, 40c; chocolate. 83c; snuff, 1-pound Jar*. 48c; roast beef, $2.60 case; syrup (New Orleans), 35c gallon; corn, 20c gallon; Cuba potash. $3.25 03.80 cnee; peanut*. 3c; rope, 4-ply cotton, ■ soap, fi.6004.00 case. WEATHER REPORT. WEATHER CONDITIONS. The relative positions of the areas /tf Idgh and low pressure have not changed in the last twenty-four hours, but tlwre fins been a general fall in the barometer over tlio entire country. There Is a crest of high pressure extending from Maine southwest Into central Alabama, aud n see- oud high area ou the north l'nclfle coast; between these Is a trough of low pressure reaching from western Texas to northern Minnesota. There I* some, cloudiness along ft hern border of the niitn. the At •oast and nt scattered stations In tins Ruin was falling thin morning at the In n tic Htmtb. .. _ Washington. D. (’.. St.’Paul. Minn.."and ItlKiuarck. N. Dak., and rain has falleu in the Inst twenty-four hours throughout Florida, lu southern Georgia, portions of Texas, and at a number of stations lu thu northern half of the United States. Dry wenther continues over most of jhu cottou belt. COTTON REGION BULLETIN. COTTON 8EED OIL MARKET. Inc < oil n Deceiiilwr .. January .. .. March 41 tfi42 4354041 435404D* ria 4354' HAYWARD, VICK & CLARK, COTTON, 8T0CK8, BONDS, COFFEE, GRAIN AND PROVISIONS. Carand.l.t and Gr.yl.r 8*.., N.w Orl.»n». MEMBERS: n"- siz suss: np ,u cf.cMrdi«57; WtgsSBssT fSHlsrVffi.Bfeo*-- — N>w York .ml Clil<»*o iwfwp.odwM. J. 6. BACHE 4. CO.. AND BARTLETT, FRAZIER & CARIIIKOTON, PRIVATE WIRES TO ALL POINTS. enf, $5.26; standard patent. $4.78; half pat ent. $4.65; spring wheat patent. 18.60. TORN—No. 2 white 83c; choice white, R3e; . o. 2 yellow. 82c; mixed, 81c; cracked coin tier bushel. S5o. UIFIUKEN FRED—Flfty-poumf sacks. $1; I’linln chick feed. $2.00; Victor feed. $1.65. OATS—No. 2 White. 68c; N’o. 2 mixed. 08c* Golden nnts, 65e; white clipped, 70c; fancy white dipped. 72r MEAL—Haln, - pound sacks, 82c ^llAY—Timothy, choice large bales. $1.35; do., choice small bales. 11.20; N’o. 1, one third bales. $1.25; No. 2 one-third tales, $1.20; choice nralric, $1.00; Rcrntudn, 11.00. SHORTS—Choice white, $1.70; fancy. $1.08; * town <M) to 100 pounds). $1.63; bran, $1.40. COTTON SEED MEAL—Prime per toaf 16.50; No. 2 pc? ton. 321.00; bulls per ton, PROVISIONS. PROVIfHONS-Snpreme hams, 1554c; tal lies. 23025 pounds average 1054; fat tacks, 6.20; Supreme lard, 1054. Purity ootnnound, $. California bautr |Wcj dry salt ribs, t.2S FISH—Bream. 70c pound; annnper. 10c pound; trout, 8c pound; blue fish. 7c (tetrad; ((oinpano, 20c ttottnd: mackerel. 1254c pouud; mixed fish. 5c pound; fresh water trout, be. SLUMP IN 8POT COTTON DUE TO DELAYED INFORMATION. New Orleans, Kept. II.—The Tlincs-Dcmo- ernt: "Related new* huiiutlns convinced the talent that the chief trouble In the Interior Is traceable to thu confusion Inci dent to monger, delayed nnd Insufficient cotton market Information, rather than to fright or deliberate weakening ou the part of the farmers. In proof of this circulation was given an authenticated story- from a Georgia mill town, where, under the oper ation of the nutl-optlon law, tfferc Is no cotton market news service, nnd where the farmer Is now* dependent upon the dally front the nearest dty. •* -- NEWS AND GOSSIP of the Fleecy Staple. Special to The Georgian. (Front Hayward, Vick Sc Clark.) New York, Bent. 19.—Bartlett, Frazier & Carrington: Liverpool was due 540154 poliita higher. Opened steady 3 point a low er on near and 4 points lower on distant positions. At 12:1a t». m„ was quiet, 1 jioint lower to 54 higher on near and Ivfrl higher on distant position*. Mpots quieter, 6 points lower; middling 6.87; sales 6,000; American 4.300; speculation and export 500; Imports 3.0U0 lutlcs. Including 1,000 Ameri can. Ijlter cables reported ull advance of 10154 points over 12:1a p. tn. quotations. Liverpool market displayed early weak ness. but later cables recorded slight re coveries. Many Interests are preaching rallies. The belief Is firmly fixed that after such a bud decline which cotton has experienced during the past fortnight would be followed by tt substantial rally of 50 points ur more. This feeling bolds litany in cheek from selling ou yesterday s ex- cutleut bulge nnd caused covering of weak shorts. We believe market has had nil the rally necessary nt preseiit, uml if no storms this week we look 1or very much lower price*. . Jt Is no use. Cottou won't Imll nos* with out some new feature. A Idg storm might • frighten shorts, but the weather tuup cuu-1 tlutics good. A ruble front Liverpool says: "The feel- J lug hero is bearish. Manchester active und i n Im-iti; huiriiH-M ilolu*. hut Milnner*ii|i- ‘ , Iiwir illMHHml In ilof.i; liiiyliiK inort- Ci.IiiiiiIiii,. clrnr .... their daflv mptiremeuts, believing lit low- U r ivllle. clear .. . er prices. * _ j (JrlffJji. dear . Mitchell sold about 4.000 January from •Mncoti. dear ' 11.28 to il.r- Hchlll took 3,000 nt 11.25. I Home, clear ” , , Following nre 11 •a. ut. bids: Uotober ••Spartanburg, clear'. 11.04: January 11.25; March 11.35. West Point, clear .. New Orleans. Sept. 19.—Hayward, Mck J r V L-,. ,:tFa k Clark: No weather map yet ou nccount} DLLAir,l> DATA. HhPT. 18. of strike. Papers, however, report cold j Sewnnn. dear .. 89 1 62 lit northwest, and believe ns enm us tho Tallniioosn. p. cldy map Is postial market will ite itu advance. *.5111(11110111 temperatures Louisiana crop (>c*t commission makes ,. n(t | n( H a . ro . f tbll( ,utt. the formal announcement that the boll wee-1 -vll has crossed the Mississippi river. The state farm at Angola, stave Baton Itouge, Is found Infected, giio of the farms at which the weevil was found Is only 3 miles of the .Mississippi state Hoe. Wee vils were found last week cut the west bank of the river, opt smite Natchez, Miss. * Montgomery, Ala.. re|s»rts heavy demand for spot from all quarters, nnd about advance In prices. Believe the market a purchase on dips on account of cold wave Indications, nnd expect short covering over Kuudny. Liverpool cables: "Have n favorably opinion of marker, Manchester active and large business doing. Expect spinners to buy freely for Immediate present. I-arge DISTRICT. 97 61 I 62 I'OUK- Icpt Oct... 14.90 Jnn.... 15.225* I.Mlb - Kept... 8.83 Get... 8.f).*Vi Jnn... 8.575* III 1155— Sept Open High. Low, Close. , 94*« ' 96$ 945* 95% MF, ioo»I 985* lorn, 106*4 106«i 104*1 106*4 6o*4 61'4 0*15)1 61 . 543* 675* 6754 58 ml 57 S0 ~ R* 54% 63*4 64% rdH 62*4 83'T 54 S’s ML 5l4i $ MtS 8.80 8.85 8.525* 6P.4 r.l«4 525* 14.8254 15.28 14.85 15.0754 8.8254 8.87H 8.58 1.35 8.40 7.80 8.40 8.50 7.9254 Declines at the Start Ex tended Only to Frac tions. TRADING WAS DULL Shortly After the Opening Sharp Rallies Occurred in • Number of Issues. ti er eirengiurncu apprehension wun illfictuim had not New ’York, Sept. LIVERPOOL GRAIN. Wheat opened •% lower and at 1:30 p. in. t *(f5<» lower. Closed unchanged to >, lower. t'01-11 opened unchanged and at 1:30 p. in. nuchanged to 54 higher. Closed 5*0H nlgh- CHICAGO CAR LOTS. The receipts or grain la car lots today and estimated receipts for tomorrow ara n follows: Today. Tontor. Wheat 95 133 Corn .. .. 393 712 Oats 18(1 275 Hogs, head . .15,000 15,000 4*!} IH inturcs are tor 12 hours ClMTRAl STATION. short Interest to sustain market. n,.nrH ic.nfldciit of ly uncoveretl." mid 30c for a want advertisement in The rglan for somelKMly to do etubrnldery; 22 women n ns we red It. 30c for a want nd, nml u 40c tax of Wiley’s candy free. NOTES ON GRAIN Pointers on Provisions. wpt. IL. _ ritigtoti: Relieve wheat prices very healthy, bools, aud see uo reason for ery staid* Chicago Record-Hero Id: Liverpool Co Trade News of September 3 bad tue folio Ing In Its weekly review of the world's wheat situation: •Talking with an Argentine shipper a Liverpool exchange today, the writer the Argentine Inst season was ra tions lu the newspapers ns proof the offered nt ntaut a half cent under the price his private telegrams permitted him to pay. lu Texas, the farmers are now experiencing the same sort of difficulty, consequently ore placed at a serious disadvantage when forced to trade with buyers whose prlttcf. pals In the market centers keep them con stantly Informed as to the spot situation. Aud this Is the reason. It would seem, far mer* In Georgia and Texas have been cut- ting each other’s throats on all cotton sold recently."—Hay want, V|ck * Clark. NEW YORK COFFEE MARKET. The following figure* give th* opening range and close of the New York coffee market for todayt Ope clog May June .. .. .* .. July August .. .. (b'ptemtar .. .. October Novemtar .. .. (ccctutar .. .. Closed steady. Range. . .5.86 3.95 ..5.90 6.00 , .6.00-6.10 . AOS A.I5 ..6.I84L20 ..6.BL6.25 . .5.80-5.95 ..5.80-0.90 . .5 JD-5.15 AdVcfiS 6.104.15 6.154.29 6.204.25 6.256.3) 6.254.30 6.304.35 this season with thu price at 8.50 per 13) kilos, saying that he gets his crop all right, of which there Is nt present s fair prospect. Moreover, he added, tbnt If there lie no set-backs this season, such as there were Inst year ami lit LKd. that the quan tify of wheat which will lie /glscd In Ar gentina off the present exteus»*e area esti mated at 16,000,60) acres will astonish peo ple In Europe, for nit average yield of 14 bnshels per acre would give an aggregate crop of 28,000,009 qrs. nml an exportable surplus of well over 20,060,060 qm. "After the lufitience or th»* higher price level has lieeti ulloweil for, the »*st most lm|Mirtaiit factor will very likely prore to Ih* the growing Argentine crop. Sbowbl nuy- thliut untoward hap|>eii to It during the next three mouths the situation, which Is already sufficiently critical, might qeb-kly iHWoine sensational. Stock* in the ports cf the. I nitial Kingdom an* fairly substantial, nml ns one of our rentiers manta oat the Liverpool share might In- reduced 40.*» qrs per week for three tuenths without btliigliig •lowii the tala lice below 400,000 qra, which world be a fair holding for one port, but, ou the other hand, tin* reserves fu uutny eontlucntnl centers are very small. The st(s‘k« bring *o mind the unenviable situa tion of many continental millers, especially those In northwestern Europe who are without reserves nf ohi wheat and also short of one of tlielr prlnt lp.il sources of supply, namely, southeastern Europe. They — lints comitelletl to go to the United .Vila 11 la .. .. Augusta .. .. charleston .. Galveston .. . Little Rock .. Memphis .. .. Mobile Montgomery . DISTRICT AlfIRAQIS. c ! Ttmptrtlnre. Ilf I 88 70 X1 v ~ki 1 fio .00 r 86 1 04 T. T. Indicates Inappreciable rainfall. (1) 4*or yesterday. (2) For 24 hours ending 8 a. ut., <5th meridian time. Remarko. The temperatures remain practically un changed over the belt. Light showers occurred In most coast districts; elsewhere fair weather prevailed. J. II. MARliritY. Section Director. their requirement* and )t will ts* surprising If this extra demand, coupled with nn active demand from Liverpool, Londou and othc WEATHER FORECAST. Washington, Kept. 19.—Weather condlthtn* and general forecast Pressure Is again f northwest with the result ■■■■i showery weather still exists generally the entire northern isirtlon of the country from New England nml the middle Atlantic states to the Dakotas. There were also local showers In Colorado, Wyoming. L'lnh and the southwest, castcru Florida nml por tlotra of eastern Texas. It Is decidedly colder In the middle nnd southern idntcnu with freeslng tempera tures. It Is also quite cool In the Imkotas, lltiuttuce of tin* *ltow»ry weather tonight ami Friday fiver the lower lake region and northern portion of the middle Atlantic states. Then* will also be showers Friday lu the south Atlnutle and cast gulf states. In the Ohio valley nnd southern portion of the middle Atlantic states the weather will be generally fnlr. It will ta warmer Fri day In the middle Atlantic states. Forecast till 8 p. ni. Friday: Virginia—Partly cloudy tonight; cooler In extreme southeast portion; Friday fair, kt northeast to east winds. north Carolina—Fair tonight and Friday variable winds. South Cnrollnn—Fair tonight, Friday partly cloudy; probably local showers In southern portion; light to fresh northeast to east winds. Georgia, Alabama. Western Florida and Mississippi—Fair tonight: Friday partly cloudy; probably local showers; light to fresh easterly winds. Eastern Florida—PartDr cloudy; showers toidght er Friday: variable winds. Kentucky and Tennessee—Generally fnlr; not niticli change In tcmponttir* tonight iiiifl Frida j. Louisiana—Fnlr tonight; Friday skowera; fresh northeasterly wind* on the n*|t. Eastern Texas—Hbower* in northern: fnlr In southern portion tonight nml Friday; fresh southerly wind* on the coast. Western Texas—Fnlr tonight nml Friday. Oklahoma, fndhn Territory nnd Arkan sas—Khowera tonight ami Friday. TIPS FLASHED From Wall Street. Kpecla) to The Georgian. (From linywardl Vick k Clark.) New York, Kept. 1»>Bartlett, Frasier k Carrington: One of the most Interesting rumors on the floor was that J. P. Mor- f an had taken over ntaut 60.000 shares of 'nlou Pacific brimming to H. II. Ungers through the agency of Kuhn, Loeb k Co. The above movement was emphatic ally denied. The stock mnrket looks very much like going higher. Union Pacific In coming to the front again ns n leader. Town Topics: While the Itear party be expected to renew their attacks on mnrket through the Cs|i|M>r. Smelting mid Kteel Issues, w« would continue the policy of buying the good rails ou all recessions for turns. At the same time, lu view of the iHMudhflity of developments In tbr Htnndnrd OH case, affording the opportun ity the taur party Is looking for successful attack <ui the general'list. It would ta ad visable to protect purchase* with stop or ders. Ranking Interests would scarcely give* anything but acnle-down support lu ease nay new liquidation movement occurred. Investors, however, need have no fear in buying such Issues ns the Hnrrlmnn* nnd Hills. Baltimore, Rend lug. North western, Kt. Paul, Atchison, taulsvlllc and Atlan tic Coast Line ou all soft snots, as It Is morally certain that these securities will enjoy decided ndvauces before long. Mors stable condition* exist in the Iron trade, aud as the steel rail controversy Is ap proaching settlement trad heavy eoutracts for I960 deliveries will. In nil likelihood, shortly be made, conditions may souii per mit of the bull Interests forcing heavy short covering In the Kteel Issues. In view of the general unsettled condition* In the hiisliiom world, however, wc Would not ad vise the purchase of these securities, ex cept for turns ou the very sharp breaks, (cr metal prices will again suffer offl- reduction, and bearish sentiment Is strong against Amalgamated and Smelting, as also against New York Central, despite Its dividend. : - We still favor selling cotton for turns on nil sharp bulges, ntgl wo think the grains “ill go lower. The tamlon mnrket for American securi ties was dull nnd lower In the early trading, with little business doing. Kales 29,75) bags. ' I paid 30r for n want nd«ertisement In Th*- (HP PL--E Georgian for xumelscly to do embroidery; 5.90 5.95 British port* doe* not have the effect of 22 women answered It. 30r Tor a want ad. ... . •*.. »- aud a IX* tax of Wiley’s candy free. 4% I UNION SAVINGS BANK Qould Building CAPITAL STOCK . . . SI00.000.00 m 0 , RESOURCES " - 0 T 4 0 S260.000.00 4% New York. Sept. 19.—There was a better tone to the stock market thl* morning, the railroad list, after a quiet and slightly lower opening, advancing on a moderate volume of trading. The toorn traders were Inclined to switch to the long side, as the attempts to bummer the market yesterday had dis closed considerable underlying strength. Great Northern and Union Pacific were the most prominent features with the trading In them on a large scale. Sev eral of the more Important houses took trom 10.000 to 15.000 shares each of Un ion Pacific. The Uopper stock* showed that the official announcement made late yesterday of the curtailment of the metal output had been fully die- counted. The steel stocks were Inclined to be heavy, while the rest of the In dustrial list moved within a very nnr- row margin. sCme of the most favora ble features wav a further sharp ad vance In the price of the New York 4 1-2 per cent bonds, which are ap proaching u 4 per cent, basis. Tho Hunk of England's weekly statement showed Hint that-Institution had fur- trengthened Its imsltlon. nnd some us felt that the rate of been reduced. 19.—Thu stock market opened at general declines. Northern Pn* rifle declined S. Great Northern preferred nnd In till *4. Hopper opened Vi lower, Steel common 3* uml Reading % lower, United Stalls Steel preferred opened 54 higher nnd declined H- tmelting opened nu- Imogiil but declined >4. Kt. l’nul nml Ana- otidn declined 5*. Union Pacific cpencu 54 nwer on 1,100 shares. Closing bids follow: Railway Stocks. Atchison 871-$ Atchison preferred Baltimore and Ohio .. .. Canadian Pacific Chicago and Northwestern Colorado Southern Denver and Rio Grande .. Erie Louisville and Nashville . Manhattan “L” Mexican Central Missouri Pacific New York Central Pennsylvania Reading Rock Island Rock Island preferred .... St. Paul Southern Pacific Southern Railway Union Pacific ... Wabash Intertaro-Metro Great Northern Miscellaneous. Amalgamated Copper .. .. Amur. Car and Foundry .. American Locomotive .... Ameilcan Tobacco American Cotton Oil Amer. Smelting nnd Refining... 92 3-4 Amur. Smelt Sc Refining pref..., 99S-4 Colorado Fuel and Iron .. .. 24 1-2 National Lead 60 Pacific Mall 20 Peoples Gas ... ... 87 Pressed Steel Ctar 27 7-8 Shoes Sheffield Steel 47 1-2 Sugar 118 1-4 United States Steel .. .. ,, 28 7-8 United States Steel preferred..., 91 8-0 Virginia-Carolina Chemical .. 20 MONEY AND EXCHANGE. .... 891-4 . .. 912-8 . ..US . ..1441-4 . .. 23 7-8 . .. 241-4 ... 20S-4 ..1091-4 ..118 . .. 171-4 .... 71 1-8 ..100 8-4 ....1201-2 ... 98 6-8 ... 20 . .. 45 ..1211-2 ... 801-8 . .. 158-4 ...1313-4 ... 111*4 ... 9 1-2 ...130 6-8 . .. 00 7-8 . .. 38 1-2 . .. 62 1-2 .. 781-2 New York. Sept. 19.—Money on call, 3416c; time loans firm; 60 days, 6 1-2(9 3-4; 90 days, 5 3-4*i6. His months, 6 per cent. Posted rates: Sterling exchange, $4,82 1-24(4.84 1-2. with ndtual buslnra* bankers' bills at $4.8680 for demand at $4.8!90C| 4.8195 for 00-day bills. Prime mercantile paper unchanged. London bar (diver steady. l-10d up al 31 5-!6d. New York bar sliver, C7 3-4c. Mexican dollarn S3 1-2. Boston, Kept. 19.—Following wn* the bid ..ml a skill price on Georgia Hall way an»l Klertrle Company today: Asked 74; prefer red bid 80. THE LONDON STOCK MARKET. Cnuadlnii l*nrlfir Erie do. preferred Illinois Central Louisville nnd Nashville .. York Central .. ,. Pennsylvania Philadelphia nnd Rending ., Soul hern Pacific .. »• .. . Paid Union Pndfle United Ktnte* Steel .. .. . ‘ 1. preferred MINING STOCKS. Ronton. Ropt. B.-Op»nltl*: North Rntt* M: I'nlumot-ArUon* 111: Nn Him 13S; Kroeltlti* *«i; ‘■iippor Jlnnra MS: t'.nuiR’A 9%; llik Mlniu, Dali N\e,t i.n*. r ATLANTA NATIONAL BANK ATLANTA. GA C. E. CURRIER. Pr.dd.nt. H. T. INMAN. Vlet Predd.nt GEO. R. DONOVAN, Ca«ht,r. JAMES 3. FLOYD, Aciistant Cnthlrr. Capital $500,000.00 Surplus and Undivided Profits $650,000.00 We Solicit Your Patronage. supporting the price lu North America. ALONZO RICHARDSON & CO. PUBLIC ACCOUNTANTS, AUDITORS AND BANK EXAMINERS. Audit*, Special Examination.. Coating and Sy<t<m>tiiing. EMPIRE BUILDING, ATLANTA, GA.