Newspaper Page Text
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mW *« » i
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l’HE ATLANTA GEORGIAN AND NEWS.
ttUNDAT, SEPTEMBER 23, Wff.
COTTON WAS WEAK
IN ALL-MARKETS
Failure of Gulf Storm to Ma
terialize Affected the
Liverpool Market.
others SYMPATHIZED
Broke Previous Low Record
In All the Specula
tive Markets.
York. Sept. 23,—The failure of Bat-
■rilnv’s gulf »torrn to develop anything
rtirtilnff unve the cotton market at Llv-
JrtKHii n weak tarn this morning, awl also
nrlmuded considerable depression In the
here at the start. Commission
were also big sellers on the better
weather news. t
Bear pressure was renewed In the after
noon in the New York market, and prices
•Untied away rabidly, all the positions from
Entemlier to January selling well tinder
Hr* the dose l>elng steady 82«?37 points be
low Saturday's closing figures.
Urerpoot closed 9 to 11 points under Sat
•nlav's dual quotations for futures and 6
tints down fof spot cotton. The decline
futures was attributed to thi* failure of
.„»* gulf storm to display the Tnergy
M>cti*d of It.
F Xew York appeared wllllug to follow
dHIno In the English market, and opt
15 points lower for October. December and
jannsirv. March opened 1® points lower.
Th**** positions during the morning session
tnurlieil the lowest prices on this season's
drop. Octolter selling off to 10.83, December
tAfi I .i rt* 11 JLl ■< inl Mnt-nli 11 1i At
oas close, and Inter following the
1907. 1906.
>Vw Orleans 2,700 to 3.700 11.977
Wreston 17.003 to 19,000 32.0M
lioiistnii 1.800 to 2,000 26,049
NEWS AND GOSSIP
of the Fleecy Staple.
SPOT COTTON MARKET.
annum. quiei; muitiiiug jiv*.
tew York, quiet; middling 12.90.
Near Orleans, steady: middling 11%.
ftminnab, steady: middling 11%.
Am;usta, flrm; middling 11%.
1 pston, easy: middling 1115-16.
tUKl
.halveston. easy: middling 11 ju-av.
Mid dir*, dull; middling 11%.
Norfolk, nominal: middling 1113-16.
inlet; middling 12.90.
hilmlelplda. quiet; middling 12.15.
Houston, steady: middling 117®.
Memphis, steady; middling 12c.
INTERIOR RECEIPTS.
The following table allows receipts In tb*
'aterlor today, compared with the same day
hit year:
"iston. .
Augusta. .
aphis.
14.720
4.893
2,014
HkYWARD. VICK & CLARK’S
DAILY COTTON LETTER,
Now Orleans, Bept. 23.—Owing to delay
" strike, there was no weather man not
other reliable Information about the
readier to hnnd when business started
this morning. As press news from the
gulf states inode no special mention of
Harms, most of the eontmets bought Bat*
•rday were thrown on the market which
used weakness in Liverpool and n 30*
Int lower opening here. Further decline
Wowed on selling on news from Havatiiiah
that spots are %it%r lower to buy In the
Interior. Futures dropped nt the lowest fig*
vs reached during tho big break, and
7ft there Is no opposition to bear opera
tion*. The market gives way to the aught
“* henr pressure, producers alone cminr*
•top to this demorsllantlon, but tni-/
ttnit tnke n resolute stand. Wlint dlspo*
la on the |wirt of speculation to
level Is afraid to net, fearing
Special to The Georgian.
v Hayward. Vick & Clark.)
} ork ’ Kept- 28.—Bartlett, Frasier &
Carrington. Liverpool was due about
3 % points higher. Opened barely steady
unchanged on near and 1 point lower on late
positions. At 12:15 p. w., quiet, C{(4,net
lower on uear and 8 lower on late positions.
B P°i» In moderate demand 6 points lower
2 *«! :W * or m Iddllng; sales 7,W»; American
speculation and export!500; receipts
8,000; American 1,90).
Market heavy. Beblll offering It down.
Liverpool a heavy seller.
Looks like Price selling through Gifford,
Gumoeng and IUordnn.
, EoHowing are 11 a. m. bids:
10.98; January 11.09; March 11.20.
It Is coming out from every direction
and looks like It might go through 11c
for January today., Would buy for a. turn If
It does, but there is no evidence of a per
manent Improvement yet.
T. A. McIntyre tc Co. say: “The posi
tion we would favor at this particular time
would be that of a trader for moderate
turns-buying on the weak spots and sell
ing on the bulges.
Town Topics: “There is n lot of weak
ly held cotton overhanging the market,
and we would advise Its sale on
Hlges."
Howard Wilson sold 100 bales January at
lie. making the quotation. Everybody In
“»e ring wanted it.
Gifford sold Beblll 6,000 December nt 10.91.
Behlll covering shorts.
New Orleans, Kept. 28.—Hayward, Vick *
Clark: No weather map yet. but generally
fair weather reported from Mississippi and
Alabama. Failure of storm to pass inland
In full force Is likely to cause much selling
tndny and liquidation of long eottou 1 >ought
by scalpers.
Fnllnre of the storm to materialise prob
ably the cause of the weakness in Liver
pool. *
Considerable bear selling nt the moment
ou the weakness of New York and Liver
pool. •
Restricted banking facilities owing tc
tight money prevents mum business In
•pots. Futures weak on New York selling.
Private wires from Bnvnnnah say cotton
offering on basis of 11 6-16 for middling.
Bears hammering market. KverylwWYy la
ATLANTA MARKETS.
FRUIT ANCHPRODUCB.
EGGS—Active, 22c.
LIVE POULTRY—Hena active. 40643c;
chickens (fresh). 22%1j3Uc. Ducks (Pekin) 80*
each; puddle, 25c each. Turkeys active, 16c
per pound.
DRESSED TOULTRY—Turkeya, drawn,
active, 20c pound; fries active, 20<ff22%c lb.*
bens. 16c ponnd; ducks, drawn, fancy, 15c
pound.
PRODUCE—Lard, 12c pound: hams active,
J6c pound; shouldera active, 10611c pound;
rides active, 11c pound; butter dull, loai2%c
pound; beeswax active, 26c pound; honey
(bright) active, 12%c pound.
FRUITS—Lemons, r
Swift A Comp
fancy Messenn, 15.00;
- pony's sales of fresh beef In
Atlanta for the week ending Saturday,
September 7 average 6.70 per pound.
id • plneappe*. Florida
W
nd|
cantaloupes active, $1.£>(&1.50 ernte; water*
nelons, 6610c each; G« ‘
.75 per crate; rhubarb, —
VEGETABLES—Potatoes (new), 18.00 per
* * PAX
GROCERIES.
RICE—Jnp, M?5%c; head. 6OTe: fancy
end. 7<»7%e f according to the grade.
CHEESE—Fancy full cream 16%c; Georgia
cane syrup. 37c gallon; salt, 100 pounds, 50c*,
axle grease, $1.76; soda crnckers, G%c pound;
lemon, 8e: oyster, 7et barrel candy, per
pound, 6%c; mixed, per 8 pounds. 6%c; toma
toes. 2 pounds. $2.60 case: 8 pounds, $2.25;
tinvy beans, $2.15; Lima beans. 6%c: best
mutches per gross, $1.65; macaroni, 6%67c
pound; sardines, mnstnrd. $3.25 case.
SUGAR—Standard granulated 6.20; New
Edited by
Joseph B. Lively.
MARKETS
Mr. Lively's twenty*flvo
years' experfepce of ed
iting markets in Atlnnta
and the South has made
him a recognized au
thority In bts specialty.
RANGE .OF NEW YORK STOCKS AND COTTON MARKETS
NAME OF STOCK.
Auiti. Copper. . . . .
Am. ice Securities. ..
do. preferred. . . .
Am. Car Foundry. . .
American Cotton OH .
Anaconda. ......
Atchison. .......
do. preferred. . . .
Atlantic C. Lina. . ..
Brooklyn Rapid T. . .
Baltimore X Ohio. . .
Chesapeake A Ohio .
Canadian Pacific. . ..
Chicago A Alton. . . .
Consolidated Gas. . ..
Central leather. . . .
_ do. preferred. . ..
Colorado Fuel A iron.
Cor n Prod nee, ....
Colorado Southern. ..
Delaware A Hudson. .
Denver A Itlo Grnndf.
Distillers' Securities..
Erie .
„ do. preferred. . . .
General Electric. . .. ,
Great Western
Great Northern pfd. .
Illinois Central
Interboro. .
__ do. preferred. , , , ,
Kansas A Texts. . . .
B
H
d
o
07 ,
O
5
S
52
UK
6114
6lU
6914
60
i ir*
92%
114
92%
‘I
’Ml
53*’
S*
gii
39
88%
3914
8814
47"
an
37
87%
R
8214
&
i
I
164«
I04?4
16414
16414
-.4.6
17)i
2214
2214
Sii
Hi4
158%
m
1
1
f
21
21
21
21
■M
1$
$
.3^
io"
10
9M
'914
rrn
38**
36**
3614
NAME OF STOCK.
Kansas \ Texas pfd. .
Louisville A Nashville.
Missouri Pacific. . » .
Mexican Central. . • . ,
New York Central. » .
Northwestern. . . . .
National Lead. , . • . ,
Norfolk A Western. ,.
Northern Pacific. . , . ,
Ontario A Western. . . ,
Pennsylvania'.
Pacific Mall. 4 ..... ,
People's Gas Co. . . . ,
Pressed dteel Car. . . .
Heading.
Hock Island
do. preferred. . . .
Republic Iron A Steel,
do. preferred. . . .
do. i . .
St. Paul. .....
Tenn. Cool A Iron.
Tfxas Pacific. . . •
Union Pacific. . • •
U. S. Rubber. • . .
do. preferred. •
U. N. Steel. . . . .
do. preferred. .
Western Union. • .
Wabash. . . ....
do. preferred. • -
Wisconsin Centre!.
, do. preferred. .
TIPS FLASHED
From Wall Street.
New York Commercial: In January, 1906,
American Smelting am! Refining sold at 174.
Later It sold nt 87%, but has been rising
rapidly In the Inst few days.
The stock market no longer Is looking for
a leader. Several good men would like to
act In that capacity.
Returns of the principal railroads of the
country for July show nu Increase of 15 per
cent in gross earnings and nn Increase of 19
per cent In expenses of operation. The In
crease In net wss about 6 per cent.
Just previous to the sale of the city's 4%
* M *”t f40.00d.000 l»oml Issue an enthusiast
predicted that this security would sell nt
110 In the upsr future, (^notations Friday
were shore 106.
It Is reported that II. If. Rogqrs will re
sign from the Ann net* committee of the di
rectorate of the United States Steel Corpo
ration as a result of his Intention to drop
business cares so far as possible.
Conner consumers continue to maintain
an attitude of Indifference. The large elec
tric companies have uot Imught a pound of
the metal for months, and claim that they
.r r .*L. tt , ro PP ,5r for or vert I week* on hand.
If this lie true, the situation Is a peculiar
one. On the other hand, the producers say
the consumers have no considerable stocks
on band, and soon will be forced Into the
market.
W. B. Rtdgelcy, comptroller of the cur-
r?ncy, says the banking position Ik sound
tlce alx :
mi usual degree. He has lieeu In of-
years and asserts that fewer banks
% . »“• anxious list than he has known
before. I he banka are handling the situa
tion in an able am! conservative wny.^and
In his opinion there Is no serlona complica
tion In sight. He tsdlcvea a recession In
the volume of the business of the country
will lie a good thing.
STOCKS OPENED
GENERALLY LOWER
Metal Industrials Showed
the Greatest Weakness ,
During Morning.
RAILWAYS SOLD OFF
Baltimore and Ohio Was tho
Exception to the j
Decline. ' ,
THE METAL MARKET.
Total stock sales today 416.800 shares.
NEW YORK.
The following Is the range In cotton fu-
lures In New York today:
Bept.. .
Oct. . .
Nov.. .
Dec.. .
Jan.. .
Fel».. .
March.
April. .
ny-
Closed steady.
nil
H.ii
10.68-71
10.74-75
10.81-83
10.86-89
10.97-98
11.03-04
11.1 • 08
11.12-14
li.03-0*
11.11-12
11.13-19
11.23-24
11.90-81
11.36*87
11.41-42
11.44*46
11.49*50
LIVERPOOL.
Following fa the opening range, 2 p. m.
and close, compared with yesterday:
Futures Opened quiet and steady.
Opening Previous
Range. 2 p. in. Close. Close.
September... 6.34 ‘“
Nov.-Dec.... e.12%-6.111
Dec.-Jan.... 6.10 -6.0S<
Jan.-Feb.... 6.11 -6.08<
Feb.-March.. 6.11 *6.09
Mar.-April... 8.11 -6.O0H
AprlI-May... b.io
May-Junc..,, 6.11K-6.10
Closed steady.
r „ 1
«r* fa
6.01 6.12
IS* !:!!*
NEW ORLEANS.
The following If the range la cotton fu
ture* In New Orleans today:
juf
O 1 s
i
i
is
S3
If
Sept
Oct* ....
Nov.. . . .
Dec
Jan
Feb
March. . .
il'io
ii'.oH
11.10
1L26
11*82
iiiii
iilio
11.13
1*1*29
iV.82
p
Tom
10.S!>
lilfi
1*1.82
ioiss
10*87
l-M.l
1L03
1*1.82
10.95
l-mm
iaii i 1
r»>; y
10.90-91
10.90
iLM y
11.06
11.12
11.27-28
11.2810
11.26-27
10.29-30
11.29
11.43-44
11.45
11.52-53
Clowd iteady.
NOTES ON GRAIN
Pointers on Provisions.
(From Hayward, Vick A Clark.)
Chicago, Bept. 23.—Bartlett, Frasier
Cnrrlngton; llurlhurd, Warren A Co. large
probably by pit traders.
Kansas City wires: “i
ieatrlee. Lincoln, Kctr
In dbrn. Tho buying
•lies wr griiiiR, ium.in
id; sardines, mnstnrd. $3.25 case.
GAR—Standard granulated 5.20;
' COFFEE—h^twf^rbocSesflillOO; bnlk
oats. $8.25 case; sack grits, 96-pound bags,
$1.85: oysters, full weight, $2M ense: light
weight, $1.10 case; pepper, 18c pound; bnk«
lug powder, $6.00 case; rod salmon, $5.00
rase? pink salmon. $4.25 case; cocoa, 40ci
chocolate, $3c; snuff, 1-pound Jars. 48c; roast
beef, $160 case; syrup (New Orleaas), 33*
— - — ■"-ibn potash. $3.23
... ,_ne. 4-nIy <
1.00 case.
. iKiniu. .
ters liere are. willing to trade, but the
money and restricted banking
. _...itly nnmper business. The
trt*ht to be cnrrlisl by spot holders Is In*
King. Consumer* know these conditions
, «ro buying but slowly. However, larger
kmnnd and partial relief from this altun*
wn Is Indicated f«H* next month. Undoubt
|fiiy large needs must b*» filled by buyers
wing the curly jxirt of Octolwr. The
nther map la not complete. What data
re Is shows generally cloudy wenthef In
eitstern states, with minlentte to heavy
•Int itit«i generally fab- weather In the
ftntrnl and western twit. Trading nt pres
et u nround lie for Decemtier. but the
®»rkt‘t Ik timid and could not nnsbrh nny
•riling of eonsequptice.
N<>w York, Bept. 23.—Bartlett. Frazier A
Farrington: Liverpool sent some selling or
*r» over nt tho same time tlie Kngllsl
narkc-t reeordeil a deeMnc of from wi
o*itM. Traders helped tihe decline anC
sh*»rt lines. The Boiith generally
some weak loiur qcconnts were
rllmfnnted. Decemner sold down to 10.95.
wry 11.03. March 11.14. With prices nt
lowest level of the seitsou there was
• desire on the part of shorts to grab
■Ir profits. At the same time, sentiment
•Mimics l>enrt*h. The weather map shows
storm hns passed up the east const
ales with a cold wave predicted. It Is
“f Imrd to get the oliKliiill crowd .to-
irr at this Juncture. Cotton has hr
hard blow that opinion Is Ip
•nfused state. The reaction Is
ed that many hnve turned to tbs
favor a rally of half a cent of
■■ ■ | —• J -“-- xnq
Side
‘7 n,| i 'I' voioi.meuts
prices from rallying.
IT0CKS OF COTTONS LOW;
MAI LORDERS BETTER.
tour York Commercial: In most of tho
selling agencies It la atated that ft
“mil order huslnesa was coming In
otttnna than at nny time recently. Buy-
have evidently lH»en giving the market
^ study and they find the stocks are so
uY *hat It is nut safe to go short on anp-
Prices ks nt present are based on
i®u»n much higher than prevailing quota-
£",*• ] M >t the question buyers of finished
r* 1 ' ,, 't" J»»Ye to answer Is, when tnnst w«
|H the merchandise? If it Is needed he-
February, then the top price of today
J be paid. Kellers are putting the limit
■rorwanl buying of fancy cottons, wblto
mjd many Tinea of fine colored cot-
Si TV ‘'anse of the moderate store
. "**b merchants during the past day
two hns been the bad weather. With
P opening of the new week agents, rotn-
‘ , , n tnerehanta and Jobbers all expect to
' trade Improve. At the present time
wear mnnufartnreni are buying wool
iSJVP TQ ^t^vihnn. and thin Is tnken as an
E" ,ot *, *hat they are getting sifpple
El 1 "P** . on Mnes. Their ptir-
** of wool or yarns to dnte for tho
simson hare liceii lielow the average.
7,‘ ,, I , «sslng around the cutting-up trade
thi offset that cloak and ault houses are
FLOtm ! „
ent, $5.25; standard patent. $4.75; half pat*
ent. $4.65; spring wheat patent, $8.00.
CORN—NO. 2 white 83c; cbolcs white, S5<-j
No. 2 yellow. 82c; mixed, 81c; cracked corn
per bushel. 85c.
CHICKEN FEED—Fifty-pound sacks. $1*.
Puula chick fceil. $2.00; Victor feed, $1.65.
OATS—No. 2 wTilte. 68c: No. 8 mixed. 66c;
Golden oats, 65c; white clipped, 70c; rnney
"mISaL—iMsl’n/per 96-pound sacks, 10c; 48-
ponnd sacks, 82c; plain, 24-ponnd Sacks, 88c;
germ. $1.50.
HAY—Timothy, eholre large bales, tl.3S$
do., choice small bales, $1.80; No. L on^
third bales, $1.25; Nn. 8 oue-thlrd bales,
$1.20; choice prairie, $1.00; Ilcrmndn. $1.00.
BHORT8P—Choice white, $1.70; fancy. $1.65;
S .50; No. 2 per ton. 124.00; bulla per ton,
.60.
PROVISIONS.
PROVIRION8—Bnpreine hams, 15ci 6m.-
lies, 20©25 pounds average, 10%; fat backs,
$.20; Supreme lard, 10%. Purity compound,
§. CnllrornTa hnms. 10e: dry salt ribs, 9.25.
BAGGING AND TIES.
BAGGING—1% lb., 10%c; 2 lb., lie; 2% lb.,
11%; re-rolled (second hand), 7%e.
TIES—New $1.15 bunch, second-hand $1.06.
HARDWARE.
WELL BUCKET8—$4.50 dozen.
_ ROPE—Manila, 14%c; 8esel, 11c; cotton,
B ound.
urmnn, 96c; Ferguson,
£owtTiTn^M: h knn,
$1.50; Dupont and Rnznrd smokeless, half
kegs $11.25; % kegs $5.75; 1-lb. canisters, $1,
less 25 per cent. Troladorf smokeless pow*
‘Biinl-RLS- li Vo fll p-r dos.R,
CARns-CnttRij. *175 P»r iloi(>n.
PLOW nLAREMc p«r I»und.
IBOS-2V4C per po,.nd b.«; Swede, (u,
^XES-p per d«.n b««J.
• bnr pound.
rir.. $2.63 1t.«. ba.o; cut 12.60
llorgc, Jt.K31.73 keg; mult .hoe..
’’buckets—rulnf, J1.70 doiet; whit, c*
WiLt
OUN POWDBIt-l
iot. itn.
8lfOT—12.15
nro not feedfng a pound of outs," said R
W. Elmore, a prominent shipper of cash
f raln. “As we handle everything that la
ed to live stock, even Including the salt
they use, we know pretty well that every
body Is feeding corn more freely than any
thing else. 1 onn see no legitimate reason
why corn and oats should sell at the same
price, or nearly so, as at present. Farmers
will send all their oats to mnrket and con
tinue to feed corn."
Toronto wired: “The disaster to tho Cs*
nndlnu wheat crop Is confirmed. Not mors
than 45,000,000 bushels raised, and half of
that will not grade. Owing to the failure
of the Japaneso rice crop, the Canadian
Northwest will ship flour to tbe Far East
In large quantities. Canadian millers are
baying up all available wheat for this de
mand."
“October 1 will And much corn In Iown
still In the roasting ear," reports LeCoute
to Finley Bnrrell. “The weather Is Tory
hot, Jugt what tbe corn needs, and If the
soil was not so \ret the crop would mn
film Mhldlv "
on account of the losses
recent frosts. —
Argentine weekly cablo review says;
‘The wheat market Is flrm and advancing,
on small supplies. There Is a fair demand,
‘lid arrivals from tho Interior are nil."
The Modern Miller In Ita weekly crop
summary says: "In several of the soft
winter wheat stnfhs the weevil Is reported
In farmers' holding* nnd It is expected will
•tart the marketing of that description to
some exteut. Ham winter wheat farmers
are holding for higher prices. Fall plow
ing Is about completed over a large area,
and seeding will begin about October L"
EARLY WHEAT NEWS
OF BEARISH NATURE
Resulted in Decline of Over
a Cent In Early
Session.
Chicago, Sept. 23.—Wheat declined l%c
during the enrly proceedings this morning.
All the news was Itearlsh. Cables were
weak and continental tunrketa were all
lower. Froat failed to materialize north
west, nnd there was less rain. Comstock,
Bloom, Nuydeckcr nnd Lake were heavy
sellers nt the start World's shipments
were large, with n contribution of 1,600,000
bushels from Russia.
Wheat was off at the close 1 1-4®
1 7-8c, rallying a little from the lowest.
Com was 1 l-2c lower; oats were
1®1 l-2c lower, and provisions were
easy with grain and on October liqui
dation.
WEATHER REPORT.
WEATHER CONDITIONS
The storm that was In tho gulf on Satur
day entered the mainland nnd moved rap
idly up the Mississippi valley during Sunday
nnd Is now central In northern Michigan,
near Marquette. There la a secondary low
area central In western North Carolina.
The advance of tha low area-canoed general
rain over the Month, along the Atlantic
coast and In the t * ‘ *
Cloudiness prevslls
ml
te. ilPW 1IFTK, Itovmill MINI
The pressure Is nowhere
nimrc normal except oTer a small area In
the ltorky Mountain region. The tempera
ture haa fallen somewhat east of the Mis-
COTTON REGION BULLETIN.
For th» t< hour* -ncllti* nt 6 n. m., tstb
mprMInn limn. S.i'fiMnht'r
2JL*
netting ttrong reorder, nn their fnll line,
of women', nnd mime.’ wenr. Heine of the
local ault houie. hnve their buyer. In the
drew good, market picking nn .pot. in
LilnhlB. checks and neat nmuul.h wuratnln.
Print Ctotha Selling Freely.
After the Interruption entmed hr helldars
...nt week,-the cotton njm ■ broken. In thin
eltr were nil active Prldar nnd reported
putting through a fnlr niemtiro of bujlnenn
on narrow Oddi and regnlnm. for delivery
L. H. FAIRCHILD A CO.’8
WEEKLY COTTON LETTER.
New Orlennn, Bept. 21.—The lienrn hum
reached a moderate rnllr wn. lirnugS
f aliout, due alrnoat entirely to proftt-tnkl
ng by shorts, but there nppeara to he free
offerings on every amsll .dvnnee, and It
I as th ough the best policy (s' to slm<
J tsnd bsIus and. 1st tbs big operators
ter until they are satisfied, while, no
donbt, this decline Is due largely to manip
ulation, It enn not be deuled that the
l»ears were given their eue by the heavy
offerings of spots nt considerably reduced
laata'for tfc week emllng Ratnnlay, top.
tembef 21, nv»r.,ed 6.7tc per pound.
HAYWARD, VICK & CLARK,
COTTON, STOCKS, BOND8, COFFEE, GRAIN AND PROVISIONS,
Carondelot and Gravl.r Sta., Nnw Orlaani.
MEMBERS: '
New Orleans Future Brokkra' AujcUtlon.
New Orleans and Chicago Boards of Trade,
New York Coffee Exchange. ^ . ,
Associate Members Wrorpool Cotton Ass a
«v*« -nd Chicago Correspondents:
p BACHE & CO., AND BARTLETT, FRAZIER & CARRIN«TON #
PBlVATfi WIRES TO ALL POINTS.
I Cotton Exehnnge.
Exchange,
Khm Exchange,
Cotton Exchange, ,
New York
it s. i
as heretofore, and from
Texas eontlnuona cnnflrtnatlons of short
crop predictions are lielng received. Walls
the market was advancing, every one point
ed to Texas as the key to the situation,
and the good pro»peets In the Atlantic
states were Ignored. It la Just the reverse
now, and you henr on every side of the
enormous crop which will be marketed In
Georgia and the Carolina*. Hplnnrr* will
hardly run over themselves to lay In sup
plies as long sh present conditions exist,
nor will the bull operators care to take
bold when they can count on absolutely
uo support from the country. We ndvlso
our friends to watch closely for any signs
ot change In sentiment, ss we are now
having a sentimental market, and condi
tions of the crop do not count for much^
For three dnys storm warnings hare been
posted, but hare not materialized, and thi
public hns begun to discredit such predlc-
thin*. We may have a storm at any t!m$
which would cause a complete reversal of
sentiment, but It looks ns though It will
□ ulre something out of the ordinary to
nee the average trader to enter the
market. Technically, the market Is In a
strong position, and we certainly advise
against short selling. The best course Is,
-ill! the
ss sta
bears i
I no doubt work much higher.
THE COFFEE MARKET.
CHICAGO GRAIN MARKET.
Chicago grain and* provision quotations
for today are as follows, compared with
yesterday’s close:
Frevlous
Open. High. Low. Close. Close.
WliEA'i
Bept.... 96% 9674 96% 96% 97%
Dec..../ 101% 101% 100% 100% 102
Mar.,.< 107% 108% 106% 108
Life §* St B P i
OATH-
®=8 HIS
I’OilK—
Kept
Oct... 14.65
Jiln..., 15.25
LABD-
Bept
Oct.... 9.00
Jan... 8.67%
lUOS—
Rppt
5:8*
ii!w
15.25
o!66 8.97%
8.67% 8.62%
14.40
111
1.16
9.00
I.62H
16.lt
16.65
J5.22H
1.96
IS*
a:«
7.9214
THE LIVERPOOL GRAIN MARKET.
Wheat opened lower nnd at 1:80 p.
m. %f$% lower. Closed %©% lower.
Corn opened % lower and at 1:80 p. r
unchanged to % lower. Closed % lower.
'CHICAGO CAR LOTS.
STATIONS
ATLANTA
DISTNICT.
Atlanta, cloudy.
’Chattanooga, p. cloudy....
Columbus, cloudy. ....
xGreenvIlie, cloudy. . • •
xGrtffln, cloudy. . . •
’Macon, cloudy
xMontlcelio, cloudy
Rome, clear. , J.
Spartanburg, cloudy.
Toocoa, clear. . . .
West 1'olut. cloudy.
xGnlneavllle, clear.
VMInlmam temperatures firs for 28 kauri
ending 6 a. tn., this date,
xReceived late; not Included In averages.
HEAVY RAINFALLS.
Athena, Oa., 3.84; Greensboro, Gn..
Greenwood, B. L\, 2.F “
1.66; Ozark, Ala., 8.88.
New" York, Bept. 23.-At the metal ex-
shown* today conl,nued Irregularity was
A, l °t copper were further reilneeil
Ac, while tin was firm on a sharp advance
in lAindoii. Himts rose over 12c, while the
Inter months Improved tn proportion.
Lend was down 5 points.
Bpelter was henry.
MONEY AND EXCHANGE,
New York, Bept. 23.—Money on call
ty: time loans unchanged; sixty dags
m: ninety dnys 6%#%; six montfii
|ier cent.
Fostwl rates: Sterling exchange $4.82%©
I’rlme mercantile paper uucbangeil.
London tuir silver ^ lower nt 31 Mid.
dollars 52%e.
%c.
sew York
Mexican
COTTON 8EED OIL MARKET.
tatlons of tbs New *
...
log quota tb
oil market.
September.
October. .
November. _
December. ...... 41%d42'
Jrintmrj W.#6I>
March , . 41 041%
Closed dull. Bales, 1,400 barrels.
MINING 8TOCKS.
r Its Me
New Ha veii 157: Hmeltlng' 88; Ikily* We A S;
BMt^^n^hwted 19; Massachusetts Gas
THE SUGAR MARKET.
New York, Kept. 23.—The domestic refined
sugar market was steady nnd tinchstursd.
I-ocnl raw sugnr steady. Tho Ixmdon beet
sngnr market toilay was unchanged. Octo
ber, however, was *
September nnebang
Cnlumet-Arisonn 113; Ufan Min
LOCAL 8T0CK8 AND BONDS
(Revised by IHIlyer Investment Company.)
Bid. Asked.
Atlanta A West Point IL a 160%
Atlanta, Birmingham and A.. 19
do. preferred......... ...
CINTNAL
STATION,
Wheat
Corn
Oats
Hogs, head,.
Today. Tom or.
239 228
1,270 815
443 892
80,000
CHICAGO CLEARANCES.
Chicago, Bopt, 21—Following wore the
Chicago clearances today:
Wheat 200,000 bushels, flour 48,000 bsrrelf.
Wheat and flour cqusl 416,000 bushels. ,
VISIBLE GRAIN 8UPPLY.
Following shows tbe weekly visible sup
ply of grain:
Wheat decrease 1.541,000 bushels.
Corn Increase 989.000 bushels.
Oats Increase 1,295,000 bushels.
PRIMARY MOVEMENT.
Wheat receipts today 1.446,000 bushels
ngntnst 1.2S9.0W bushels last year. Ship
ments today 1.061.000 bushels against 592,000
nsbels Inst year.
Corn receipts todny 1.274,000 bushels
against 789.000 bushels last year. Hhliimeiits
today 1.063,000 bushels agnfnst 614,000 bushels
Inst yrtir.
THE LIVE 8TOCK MARKET
giro tbe opening
ecemner *, »» »» »•
«teadr. Bales 5SJOOO bags.
Chicago, Bept. 23.—Hogs—RiH'elpts 28,000.
larket Wc lower; IlShT $6.454i6.U; mixed
0.75^6.50: heavy 85.5046.45; rough $5.5006.10;
‘■‘KtW^lpt. 26.000. Market steady;
~ts $L2505.50; Tests- steers
|... i. u 1.1 j; wepiFrn nuue fTnj.w
Hliw>l>—Ilpwlut. 26.909. Market 10c timer;
^ r,,nr '
B|HH‘lal to The Gi
Savannah. Bept,
*%: sales 115:
R«sln firm
Allanta. . .
Augusta. . . .
Charleston. .
Galveston. .
••Little Rock.
“Memphis.. .
N.--V Orleans.
••Oklahoma. .
Bnvnnnah. .
Vicksburg. . . .
Wilmington. /.
ii"cE«riott« t " , ir. *c? *
Dimicr Annuals.
Mai. I
TT
i. IndlcatM tawponeMbi. rtljii
yesterday. (2) ror N boars teal:
ill
•5*
rrr
For
a. m.«
S esterdny. (2) For 84 hours
ith meridian time.
••Missing.
J. D. UARDUBY, Bcctlon Director.
WEATHER FORECAST.
Ml» h.« nt
palnrblana, tb. nln .re* Mtimdlng through,
nut Npw tCnthUM,"
Tliprn I. nnothfr ill.turhniK'p of more
mnrkiHl rhnrnct.r In th. nortlivoat, nml It
bn* rnunoil ahoirrra. In thp npppr Mia-
alullinl vnllpy and th« upppr lukp rp(lmi.
KlacwhPrp In thp northwpat thp wpathpr
hna lippn fnlr, nnd It alao wan fair In tho
Ohio rallpjr and tho lowor lakp rrnlon.
Tpmnrnttnmi nrp nparlf normal ovpr alt
dlatrlcta. pipppt la the nonth Atlantic
atatpa nnd thp pitrpmo northwpat, whore
tho. oro nnlto hikh. ,
There will lie rain tonlkht and Tuomlay
.j Now Knirlnnd and northern port'
tho middle Atlnntle atatpa. nml alao
M« In the lower lake refflon. In tb.
eonthern portion of the middle Atlantic
atatea rain tonlkht will lie followed by fair
weather Tnendnjr. In the Ohio valley nnd
the aonth. fair weather will prevail tonight
ltd Tneadny.
Trmpenaturen will ehnngi — ,
.botish It will lie anmewbat rooler tonight
In tbe tenth Atlantic atntee.
“ reeaat till S p. m. Tttaai—,. .
. nln—Rain tonight, eirapt fair In th.
aouthweat portion: pooler In aontheeat por
tion; Toeaday fair: freah, poaathly lirlak
aonth to areat wlnda.
-North Carolina—Fnlr tn weatern: ahowera
In enatem portion tonight and pooler; Turn,
day fair; freeh to brink aouthweat to went
wind..
Mouth Carolina—Fair and cooler tonight;
Tnendny fair: freah aoathweat to went
wlnda.
(Irorgta—Fnlr tonight: pooler In paatern
portion*: Tuesday fair; light tu freeh west
erly wind*.
Staten Florid*—Fair tonight; Tneaday
partly ilawiy: fre»h south to aouthweat
"Weatern Florida, Alabama and Mlaaltaln-
pl-Falr tonlgb* nnd Tueaduy; variable
W Kenti' ky-Falr and warmer tonight; Tnee-
Ven(lessee—FrIr with warmer In wretern
imrtlon tonight; Tues-lay fair.
leinliriana, Tevaa, Oklahoma. Indian Ter
ritory, Afkansaa- Maly tonight and Tuemlaj :
light variable wlnil* th. wnat »olf n*aau
Fourth National
Ga. H. B. ai * “
Ga. By. nm
do, preferred
Sen board Air Like.. 10
do, preferred 19%
Southwestern 107
Atlnnta 4 per c. bonds, 1988... 106
Augusta 4a, 1931 ...
Georgia 4%s. 1915 coupon 106%
do, 6tt. 1M9. reg..„......„ 104
Dlxle_Cujtton Mills 1st mfg. Cs. 96
f
7714
130
246
Now York, Sept. 2S.—The atock mar
ket for the drat half of the eeeslon to
day wnn heavy from the Btart. Lon
don aent over a lower range of price*,
together with the announcement of an
other sharp drop In quotation* for
copper metal. The Induatrial depart
ment wan under the greateat preaaure
with heavy liquidation In Smelter* and
the Copper atoeka the feature. Profit-
taking, eoupled with abort aclllng, alao
made Inrnada In the railroad list, al
though In several of them there waa
evidence of support, and the declines
throughout the market ran from l to
21-7 point*. The greatest part of the
trading waa professional und repre
sented merely the switching of the
bear* from the long to the short aide
again. There was no outside develop
ment to account for the weakneaa ot
the bonds, and It was thought that the
rlae of last week waa due more to cov
ering of short contracts than tma real
Investment demand.
New York, Kept, a.—Tho stock market
opened nt general decline* as follow*;
North
ern preferred H; Amalgamated *4: Steel j
preferred 14; St. Paul ami Iten.llng H: (>u- 1
(ml and Steel emmrnrn 11; Pennsylvania 14.
Northern I*nriffe wny unehanged. Baltimore
»llr advanced N at the
gained In all %. Aha- 1
»t lower,
way 8tockt.
ontaet.
too*
in
7114
UNION
SAVINGS, BANK
Gould Building
CAPITAL STOOK • • • 8100.000.00
RESOIIROIf ’ '
4% 0200,000.00 4%
Closing bids follow:
Atchison preferred P
Baltimore anil Ohio,. .. .. .. .. .. •* ,,V.
Canadian I'aclflc .. .. .. •• ..16
Chicago and Northwestern.. •.. .. .. ..14
Colorado Houtboru .. .. .. .. 2:
Denver anil ltlo Grande.. *• •• .. .. Z
Erie -♦ .. J
IboiiImvIIIc nnd Nashville 101
Manhattan L.. .. .. • ..111
Mexican Central * .. I
Missouri I’aclflc .. .. II
New York Central 101
l'ciinsylrniiln..' ., .. ,. .. ,. .. ,. ..121
Reading. w
Rock Island 11
Hock Islam! preferred,. 4<
Bt. Caul.. 121
Southern I'nrlflc ., .. P
Southern Railway., .. ., .. ., ., .. .. .. 1.‘
I’nloii I'aclflc ,. ., .. .. .. ..131
Wabash .. .. .. .. .. .. .. 11
Wisconsin Central.. ..... .* .. .. .. .. .. 3>
InteriNirough-.Metropolltnn.. .. .. .. .. I
Intertiorough-Metropolltnii pfd.. .. .. .. 21
Grout Northern .. .IF
Miscellaneous
American Car and Foundry .. •• ••
Amorimn !*ocomotlve
American ToIhicih* .. .. ..
American Colton Oil ,. ..
American Bmeltlng nnd Refining pref.. .
Brooklyn Rapid Transit *
Colorado Fuel nnd Iron .. ., ., „•„ .. J
National I^*ad ....
1'eople's Gas
Blosa-Bbeffleld Steel ........ .. ..
Sugar ..113%
United Stares Steel' 29%
do. preferred 91%
Western Union * w
THE LONDON STOCK MARKET. V
8TOCKB— Clore
Anaeondu *. ..
Atchison .. .
Canadian Pacific .. .. .
Erie
do, preferred
Illinois Central
Louisville and. Nashville
PenneyIvanln .. ......
Philadelphia and Heading .. .. .. .. .. 97%
Southern Pacific ., «. .. ... .. .. .. 66fi
Union Pacific
United Htntes Steel
d». j.refi-rred ■■ ..
BANK STOCKS.
- Central Bank & Trust >
Union Savings, Lowry j
National. Prices on ap*
plication.
HILLYER INVESTMENT 00.,
Rond Dsp’t. Enfllish-American Bldg.
THE AMERICAN AUDIT COMPANY
Home Office, 100 Broadway, New York City.
F. W. LAFRENTZ, 0. P. A., President 1
C. E, Manv.arlng, Vic. Pr.ild.nt, This. Coeh.u, Jr. C. P. A, too. and Tr*Mb
BRANCHES
ATLANTA—Fourth Nan Bank Biff*
CHICAGO—Marquette Building.
niILADKI-r TA—Ilclluvuo-StratforA
BAN FT;ANCISCO—Balden Bullffla*
NEW YORK—Waldorf-AatorlA
BOSTON—Exchange Building.
WASHINGTON—Colorado Building.
NEW ORLEANS—H.nnen BuUdlng.
BALTIMORE—Fidelity Building.
LONDON. ENGLAND—4 King Street Cheapald*. |
AT-ANTA BRANCH 1015-18 Fourth National Bank Building.
0. B. BID WELL, Resident Manager.
Telephone, Main 872. Cable Addren. Amdlt, N. V.
L. H. Fairchild. . Established 18S5. 8. J. Whitt
L. H. FAIRCHILD & COMPANY,
NEW ORLEAN8. -
Member*:
K.w Orleans Cotton Exchange. New York Coffee Exehang*.
New York Cotton Exchange, New orl.-on* Itonrd ot Trad..
New Oman, Stork Exchange. Chicago nonrd of Trmle.
LIVERPOOL COTTON ASSOCIATION.
Private Wires to NEW YOBK and CHICAGO. Orders solicited for fntnre «.u»*
•IT on above Exchanae* U- C. COTUBAN.
FRANK HAWKINS, Preildent
n. M. ATKINSON. VIo,.fro«M,nt. THOMAS c. ERWIN. Cashier.
JOSEPH A. U’CORD, Vlc,-I're«ldeat " “
1 Wiinn i.. r.int i.x, tnsuirt.
W. UYCRS, AiBlataot Ctahlor.
Third National Bank
Capital .... $200,000.00
Surplus and Profits $400,000.00
DR, A. W. CAI.nOUN.
MILTON DA ROAN.
II, Al. AttVIUSwiii
JOSEPH A. M'CORD.
|. If. NUNN ALLY.
J. CARROLL PAVNB.
B. B. R08SBR, ir
DAVID WOODW^fjlD.
ALONZO RICHARDSON & CO.
PUBLIC ACCOUNTANTS, AUDITORS AND BANK yOfAMINERt.
Audits, Spacial Examinations. Coating and Syst^-natizing.
EMPIRE BUILDING, ATLA/.TA, GA.
— s;— v