Newspaper Page Text
THE ATLANTA GEORGIAN.
FATI'll I'A V, AI *T 1! F-
JOSEPH B. LIVELY
THE GEORGIAN’S RECORD OF MARKETS AND FINANCE^£H=£g
COHON OPENED
\m_ ACTIVE
Prices Were Advanced on a
Lot of Covering By
Small Shorts.
FOLLOWED BY SALES
After an Advance of 8 to 9
Points, Declined and
Closed 2 to 4 off.
5^ rrlvate^ Letted JVIr®.
of covering fur xmnll shorts, hut also pro-
tldod a good selling liasls for certain In
terrats that suggested lower Wall street
SPOT COTTON MARKET.
NEWS AXD GOSSIP
Of the Fleecy Staple.
rrlrate Wire to Were 4 behind.
. A "*- It —Cotton opeuwl Jn«t
B 0tin.li. lower than expected on IJv.Tp.Ka
rt ™3- There not the atuouut of ■h..rt
••overina stirne «»f the hulls <*xt»ected. The
i U * , . rk t t J* «l***«*t. aud nothing sensational la
tMt'o n»i !".r «*•*• •• a it «u
Jn»t It little hit oversold at the preaeot.
Un-nnol futures opened ateodj 1 to i up.
rU 51 ** I*- * *o • op and quiet, gales
4.000 spots*! up at 5.7(u. future* due la
eome uurluiuged to ! down.
i£VX$^S'Z££ir' c ' mU '" M ' MT -
rollowlug Is the statistical noslflnn ft#
MAJORITY OF LIST
SHOWED DECLINES
RANGE OF NEW YORK STOCK MARKET
alfauMteil
.•ritMii Xu
do. profe 1
Cawy.;
sugar ltefinlag.
I 1 tie*
I .motive
Atlanta, quiet at 10*4e.
firt York, atendy at 10.l0e.
Sew Orleans. quiet at 106-16C.
Liverpool, quiet ut 5.75.1.
*i. haute, qtflet at like.
steady at J0.r
Baltimore, nominal nt TOHc.
Galveston, quiet at 10%c.
Philadelphia, quiet ut 10.85c.
LIVERPOOL COTTON MARKET.
Liverpool, Aug, 11. 15:15 p. m.—Cotton.
mu>t quiet, with prices Steady; middling
in.lands 3.7Cd; sales 4.000: American 3.500;
^Milntlon and export 400; receipts 1.000;
American none.
Kuiures opened steady.
Opcnlug
Angusl... ..
August-Sept..
Hept.-Oct. . .
jsii.-Keh. . .
Feb.-March..
Mnrch-Aprll. .
April.Mny.. .
. ..5.44-6.48 5.48
. .5.42-6.44 6.44
..6.35-5.37 6.37
,.5.33-5.35 5.35
. .5.33-5.35 6.35
. .5.33-5.35 5.16
. .5.31-5.34 6.38
e.5.m.3S 6.38
. .5.38-5.40 6.40
..6.83-5.41 6.41
Previous
Close.
5.42-5.43
5.40-5.41
5.334),14
5.31-5.32
5.31-5.32
5.32
5.33
6.36
5.37
6.38
TODAY'S PORT RECEIPTS.
. Ike Ktatlatlral poaltion of
.„ rrlrtnr. Aug. 10. ns made ud l>r
The New York Financial Chronicle. P '
' I«nat Last
J\eek. Year.
AmertcairTT’.’lioSiS uftaM \,?5$n
First Hour Feature Was the
Future."due'to Drive That Was Made
at Reading.
This
Week.
Ylallile aupply.. ’.106,179
— | l.oaiTu uHmi ....
For the week.. 63.006 75,859 Ki.cd,
24-®» 34.(17 63.971
MI.667 266,1W 3K),1W
31.313 18.750 T3.SH9
“.624 1 2.445 32.S36
27.733 21.555 44.924
,750 134,959 129,901
l-ort receipt.. ..
Block.. .....
Kxporta
Int. receipt.....
hit. ahtpuieut.. .....
Interior atucka.. 133,71
New Orlcana. Auk. 11.—The market I.
?J? d l* ,r P (MW- T hc weaker .hort
following I. lurltned to rover over Bun-
day. hut thero la no buying for Iona nc-
count Of any eooaequrnee. The action of
the market thla uiorulua would Indlcnlo
that tho»p who wero talking the laudc.t
LATER RECOVERIES
Covering of Shorts and
Some Supporting Orders
Caused Slight Rally.
i, ngnlnat 18,886 laat year.
ralea of spots in IJverpool
(lea* uKnlnat 30,(00 laat year
V. HllLUIltllf l-tlllliriui
♦he reports that the Imll Weevil has broken
out In Natchitoches parish, I<oulslaua, and
threatens great damage to the crops. Tho
weevil Is active on twenty-three plantations
In the parish.
Houston receipts 3.817 (2,712 new); Gal
veston 1.782 tub new). '*
Nft of cotton In New Orleans Is
16,251 hales, ngnfnst 50,669 nt this time
Amouut of cotton on shipboard
la 15.877 I tales, —'—* — — • -
The week's
were 28.ono bales.
and 14.000 In 1904. Amount of cotton for
warded was 65,000, against 66,000 last year
and 46,000 In 1934. The total stock of cot
ton lu Ialverpool Is 494.000 Imles. nealnst
731.000 Inst year, 292.000 lu 1904, and 329,-
000 lu 1901. *
The weather maj
over the
rain.
Private Wire to Olbert ft Clay.
New- York. Aug. ll.-LIvcrpool at. 12:39
m., was 303% op on uew crop. Was
lie about? down.
Liverpool cnhles: "Natural rractlon help
ed by better market for near cotton In con-
sequence of Importers transferring hedges.’*
There hns been some miscellaneous buy
ing by wire houses, but tho local traders
have shown no disposition to raid, as yet.
New Orleaus, Aug. 11.—Liverpool 304
higher Is better than due. Art advance
same day inent, verifies the reports that Loll weevil
New Orleans. . ,
Galveston. . . .
Mobile
Hnvniiiisb. . . .
riinrlcstnti. . • ,
Wilmington. . •
Norfolk
New York. . . •
Boston.
riillndelptitiL . .
>>W|Mjrt Nows. ,
SSi
INTERIOR MOVEMENT.
Htlll the reports that MJ r .
Ish will lie completely destroyed be consid
er* much exaggerated.
Kradstreet’s review says
»een Improve * ‘ “
rains In the, .
Liverpool cai.__.
In consequence of bears buying to cover
their short sales. Don't think Improvement
will Inst.”
Ths long-expected reaction occurred on
the opening, lmt there wn* Insufficient
support to mnlntaln the new levels. Prices
iMMUg depressed by general selling.
King crowd are Inclined to play for fur
ther reaction.
WARE & LELAND'S
DAILY COTTON LETTER.
HovsCbq. ,
Augusta. .
Mcmphfs.
=8
. j-llnv of the weak, there wn. profit-taking
on the part of the nhorts lu the IJreninol
market ibis morning and the covering then
fed to a rntty of 4 points irften a deem
By Private Leaaed Wire.
New York, Au*. 11.—The etock mar
ket thla morning felt the Ineplratlon of
yeaterdey'e extraordinary crop esti
mate more then the shrinkage of the
cash reserve. Reflecting the unrecord
ed lose of a week ago, cash holdings
of the local Institutions fell oft 19,200,-
000, and In eplte of a reduction of 34,-
700,000 In the loan account the eurplua
was reduced 15.861,000.
The stock market up to the publics
tlon of the bank figures had been dull
and quite Irregular. An attack on
Reading shares drove the stock down
a iv.nt and a half and Pennsylvania
was also quits heavy. But with the
appearance of the bank statement the
market acted as If IF had only been
waiting for the ‘bad news” to be out
of the way before renewing Its on
ward march. In the last half hour ac
cordingly the buying movement was
resumed all along the line, being es
pecially aggressive In the Pacific
shares, the Southwestern Issues, and
Chicago and Northwestern.
The market opened with a majority
of the list showing fractional declines.
Atchison opened 1-4 higher and gain
ed 6-8 In nil. Northwestern was a point
higher. Pennsylvania lost 8-8, South
ern Pacific and Union Pacific started
half lower and New York Central and
Reading lost 8-8.
The feature of ths stock market In
the first hour was the drive that was
made at Reading. Southern Pacific,
on the other hand, was bid up ] 1-3
points. At tho end of the first hour,
covering of eborte and some support
ing orders caused a moderate rally, on
which part of the early losses were re
covered.
Government bonds unchnngtd. Oth
er bonds steady.
LONDON 8TOCn"mARKET.
WEEKLY CHRONICLE’S
REPORT ON WEATHER
New York, Aug. 11.—Weather conditions
• re fnlrly satisfactory In the main. Unlit
k>. fallen in nlinoat nil sections, hut the
. .. .. . > moderate or lleht.
Texas, It Is claimed that
ninz dono by Isill weevils and
...n " i'iin-, nml thnt an excess of* rain In
northern districts of Texas la eauslng de
terioration, and from a few points In other
•'•tea tbera are complaints of Injury to
—**1 ton. Elsewhere the crop appears to In)
jrnfresalng -— “ —*
(tlte frcclj
* WEATHER IN COTTON BELT.
Texas—In Dallas. Tyler and Fort Worth
It hn* been raining since 4 a. m. 11mm-
t»n rloinly nml hot: no rnln, except slight
ffi'S&JSri&on and Jferf-
«H«u dear and hot. Yasoo City clear and
j**rv hot. Aberdeen cloudy and warm;
ty'i f«*id rain yesterday. New Albany
vim ami warm. Arnory cloudy; light rain
TMtenlay afternoon. Tupelo clear snd
plpfliumt.
Alabama—Birmingham clesr ud not;
mt'I rain yesterday afternoon. Selma clear
•ml hot. Montgomery dear aud fcwrm:
henry re!n yesterday afternoon. Opelika
r |f*r and warm; light rain yesterday
•ftornoon. Mobile dear and warm. Hunts*
MU* riser and hot.
Georgia—Albany, Amerlcus. Macon and
AtUinta dear and nlenunt. Columbus clear
•ml hot; light ram yesterday aftornoon.
North Carolina—Oreenslioro dear and
•leap ind 'hot: had
Raleigh <
market nna price* openeu up a or w poiuis.
only to Inmt most of the advnnei* and closet 1
rather tame nt the slight recovery of 4
points. In view of the recent break, the
recovery wn* unimportant, though profes
sionals are now going rather slow on the
short side. Crop news was fairly good, al
though Hie Chronicle complained of Insects
nnd too much moisture lu north Texas.
The crop Is now so far advanced and hns
frniucnt showers during the month or
Septcinlwr It Is more than likely that nu
enormous yield will l»e made. I’nder these
elreiiinstnnees. It would be difficult to get
iuoic than reactions out of the market.
QIBERT A CLAY’S
DAILY COTTON LETTER.
WEATHER IN WHEAT BELT.
Extreme Northweat—Fair to clear; 48 to
72 sliove.
•t Huron.
Northwest—Clear; 50 to 62 above: shower*
*«*•♦ snd Southwest—Clear; 52 to W
•Lore; general ratoa Kansas gad Oklg-
homn; local In Nebraska and Missouri.
Ohio Valley—Fair to clesr; 72 to 76
•tore; light scattered rains.
weatheiTToreca8T.
Georgia, Alabama and Mississippi—Bhow-
Saturday; Sunday showers; light to 4
fresh wind*, mostly southwest to west.
Ismlslaaa and Rast Texas-Fair on the
showers In Interior Hstunlsy and
Jjmiay; light south winds becoming varla*
amt West Flerlda-ghowsrs Saturday
•ml Suudsy; light varlsbla winds.
"'“st TexssJFsIr In west; shower* In
n»»rtii portion Haturday and Ruuday.'
WORLD’S VISIBLE
SUPPLY OF COTTON
IJUW. ngslutt • usrrvns. of 119.760 U.t
sml • dtffMK of 137,344 peer before
The total vtUMe Is 3.139JM, szsln.l 3.-
rices from Liverpool worn ekcnib-el sa to
the pvrmnnrncf of toiler's nilraocs, the
cause of the Improvement lieltig zcnernllr
nttrtbutnl to the covert lor of the sbor* la
tcrest In nntlclpnllmi of n nntuml ren
Options on the close znlneil 3 point,
realenlar. while spot sales ninnunleit . ..I
M Imles nt nn mlranee nt * points. The
renetlonarr trndener •ll.plnre'l by tbs mar
ket tiMlar tens III realfty but n il.lnywl
fnllllluient of eiiiertntlous, but tl
ne«« with which the scalper, sr
await the movement of the IrapiMOT....
to put forth new lines of short commit
ments, makes it very evident that a crop
scare of some decisive character must form
s sound logical Itasla for more than tem
porary advances. Howeva a
bearlek the sltnatlnn mi
siirfnee, there must also ——
the Introduction Into market affairs of new
nnd illstnrhtng elements, which may up
set the most conservative ralrttlntlon.
Tbc change of front of an erstwhile bull
leader, the creating nf a large short
Amerlrau Interest, and the fart that re
ports of deterioration are not all antlrl-
pstory, but Indeed actualities, suggesting
that a downward course will not lie entirely
free of obstacles, anil which tuny even (ft
times cause hreltby Improvements. '
laTV: last week. 2.787.712 .Ust year aad
IJ&tctl year lirforr la»t. rtf thla. the to
tal of American cotton Is L*».J04. against
Il.l86.292 Inst wee*. 1,71*.« fast year aad
57J.X3I year liefor* last, and of all other
kinds, fnelndlng 'Brasil. India, etc..
1.0*5.000, oas net I.070.W0 last week. 1.075,-
i>i m.t year end 7*4.000 year before last.
The total world's visible supply of cotton
as above show, aidecreoae compared with
last week of <ompar«I
with last year of 666.80S and an Increase
compared with year before last of 764.-
# ‘of the world's visible sopply of cotton as
shore, three Is now afloat and held lu
Greet Britain and rontineutsl Enrone ).-
«Sooo, against 1.527.000 Inst year and RLOOil
year tiefoL ls«t: In Kmt against
59 000 last year and 69,»» J*nr before last,
arid In the United Htatek mooo. spins!
,90.000 Inst year and 141.(00 year before
eated
was not
feet of the
wheat were ntutisn. nut toe intn-
deyreuse from !»■« mootti-. promise
Mnfflrlrat to ..ffsetthelieerlsb ef-
f the winter wheat flaarea. Conoid-
erable wheat bought during the early morn-
ws? sold «*t after the government llg-
arcs were announced.
GIBERT & CLAY
STOCKS
W r. ALABAMA BT.
ATLANTA. OA.
eicMoea*'
Tor* Stock Exchange INew OrtaanOBtiB ijHrfpStuSuonA^'-mtlon
in was ssss ksta aisEiy™-
Frl Wires toell Livhr. [N
Local and Long DisUncs Ttltphon* ,—
VV. R. FAGAN, Msnirer.
STOCK—
Ainnlgiuimteti Copper. . . .
Anacomla .
Atchison..,.
do. preferred.. .. •• .. .
Baltimore nml Ohio
Canadian Pacific
Chesapeake and Ohio. . . »
Chic.. Mil. nnd Ht. Paul...
Krfe..
Illinois Central. . . . .
teoulsvlllc nnd Nnshrllle....
Missouri, Kansas nnd Texas.
do, preferred
New York Central. . .
Northern Partite
Norfolk aud Western. .
Ontario snd Western. .
Pennsylvania. . . . . «
Heading
Hock Island •• .
Konthem Pnclfle.. .. . .,
Houthcrn Hallway
Union Pacific
Unlt.il State* fiteeL. ,* .
do, preferred. . . .
Wabash
do, preferred.. .. .. ,
Orent. Western
Auirrtcau bundling Hefinlng ^
do, prrferrcd
Alrlil'.iu
do. preferred *.
Aamrau Cotton on,
ItaltiuiMre nml Ohio
Bn*°kljr® Ibipld Trauslt
Canadfiiu Pn. .:!■
riilmgo aud Northuroo<era
Chfl*Mp**ke nud Ohio.....
CoIoomIo Fuel and Iron
Central Leather
do. preferred
lingo and Great Western
lea go, Mllnrnttkee ami Mt. Paul *
Delaware and Hudson
iMstlllcr's Securities
do. pn fur red
(iiMtcrnl Llcctrlc
1 lltaots Central
Amertrau Icc St « urltled
Loo!settle and Nashville...
Mr\lcsn Coutrnl
Mlsari Pa cl n<*
New York, Ontario and Was tors.
National Lead
Northern Pacific....,
New York Central
Norfolk and Western a
Pennsylvania
People's Gas
Pressed Mteet Car
.do, preferr?^,*,
Pacific Mall
Heading
Republic Hteel
ltock Island
do. preferred
United States Rubber
do, preferred
Southern Pacific
Southern .......a.
do, preferred......
Sloss Sheffield
Tennessee Coal ami Iron
Texas aud PaelAc
United Stares Hteel ••••!!*.!!!!!
do. preferred
Vlrallda-Ciirollua Chemical
do. preferred
Western Union
Wabash ;
do, preferred
Wisconsin Central
do, preferred
Total stock sale* today. 387,900 shares.
RANGE 6F THE COTTON MARKET
AT NEW YORK.
riusstl .tfsily.
AT NEW ORLEANS.
him. In Now Orlmu. toilayi
urk
INTO 8IQHT MOVEMENT.
It Private Lrsw-1 Win-.
NVw York. Ang. II.—Th- following als
tl.th-, on tho movruisnt of ootlon for tho
track uniting Frhlny. August 10, votuhlli'il
by Mu[H’rt]itnn(f-nt King, of the N«w
cation rxphsngv:
Weekly Movement.
Tble
Yoar. . ,
Port rrccliit. 82,236 61,141
Orrrlnml to mllle and
■'anada ..
Koiithurn mills takings
Icetlmatrd)
Iam» nt slock st Inte- -
rlor towns 16A97
Ilrimght Into sight for
the week 66,861 80.193
Total Crop Movamant.
Port rscelpts 7,630,783 16,113,691
Orsrlsnd to mllla and
Canada 160,326 1,104,417
Soinlivrn mills takings
' (retlinslmll
Stork at Inlrrlor lowos In
sxrrss of Hrptrmlirr 1 40,754
. 3,100,01
3.175,000
M'CULLOUGH BR08.’ FRUIT
AND PRODUCE LETTER
Ths unnrrrvdrntrd hot wmthsr for ths
season prevailing during the prrsent week
hn. served In a messnrs to rstsrd both
demand and eonanmptlon of gpoda. e«|>e-
ctaliy of a perishable nature, valuta luva
uerraaarlly, to aoms axtrnt, suffered as a
result.
The
hn, t riot""iieeri' pT>sePK«"to move tlio heavy
supply In tBe market, and tko Iota by rsa-
aon of rot will lie very beary and will
result lu very dlaaatlsjlietory returns to
those Interested. .....
Dome Iteller feeling It notlrsqlils In ths
market ou Irish potatoes. While no ma
terial advanr* It In svldtnes. ths demand
Is more netlve, with the rveelpts moving
out
onions of good quality not In snfflelent
supply to meet reqolrsments, even at ad.
vnneed prlrea.
Htveet potatoes quits plentiful, with no
change uotleesble as to values.
I'omotnlilna MltAffnll* BIMPflkilll
truckers.
Plusapplet scarce snd selling at
vaneed price,.
lint lltthi If any change noticeable either
as to demand snd vslnes .of
lemons showing so npwsrd tendency nnd
with the continuation of lbs present hot
weather will no doubt sell for much higher
values In the nenr future.
only one ear of ora area la the Prsaent
market, eooslatlng of Califorala stock of
^'Egg^rera-^ita light, the market showing
d ‘LtlT d nvs arid dressed poultry In liberal
m „",r with no ehsnjs^of note^Ji rnlnn.
Butter continues
NEW YORK BANK STATEMENT.
The weekly statement of the New York
saoctated banks shows tbs following
h *"‘ r * : Decrease,
lesenros.. .a •• •• .. <5.161.160
my ■*?
IMfloi... 4^100
Same day Uat'yoar. ■ ,.. 43141144
Plearinga for week
•me week laet year ti.703All.W
DABWIK <1. JOSKB, ttanaffer.
THE COFFEE MARKET.
Follnwliis was the opening range and
nee In tha New York coffee market to
day:
Openlsa
Range, cloee.
7.16-7.29 7.16-7.34
]-«•!-* - ||||
Jaaaary..
February.
Msrab
Jm. 7.23-7.30
45?!- r.:;®*
Jnly.'.V. .’."i&rlM
h grfa lB «fe aSfyriAMMw
PRICES BETTER
* _ FOR TURPENTINE
flavannah. On.. Aug. tl.—Uplrltw turpen
tine opened at 6744c for Iba week Just
closed, and was quotetl nt 60tt for the m-
•lon tmlay. Price, were forced up to 61c
at one time, an Ineautlooa buyer having
bid the market one day at whatever
prlre wsa posted. Another buyer took ad-
age of tha altuntloii'aiid ran prices tip.
Thtirwlny llierc wan a decline of le ..
, t the high price, and In the Isle II
trailing today thero was another alninar II
decline, quotations Will lm 69c tomor- IL
row. The demand after ths close today I —
I'loacd steady.
was nnt snfflelent to absorb all offerings,
n small kit lielng tarried over. The coin
lug week will probaljy aes (bn prlre
around 6744c, nr [Hisslbly a fraction lower.
The receipt, for the week were somewhat
light, thaa giving better opportunity for
manipulation,
The feature nf the rosin market lisa
Iteeii llie farther rise lu tha thres high
e»t grade.. Water while liegnn the week
at 16.36 anil closed nt (6.46, with a further
advanet
today.
SOUTHERN EXCHANGE
Oldest Established Office South.
conoH sum bonds gb*in
Ground Floor Gould Building. Dolly
market letter r.nd market manual
mailed on aprllentlnti,
L. J.xANDERSON & CO
Bankers and Brokers,
COHON, STOCKS, GRAIN
Correspondent's Capital $250,000
RcrencNcr, the neal bank
PHONE 1417. PRUOCMTIAL HLOO
Occidental Fruit and Produce Co.
r ■•■■ ii.-ii ' UJ,..:: — aiaIKOtfOUTIB" " * - ■ f-x-i- ■■ ■■■■• =
WHOLESALE FRUITS AND PRODUCE
AND CENERAL COMMISSION MERCHANTS.
HEADQUARTERS FOR BANANAS, PEACHES AND CANTALOUPES
' ■■ THE HUSTLERS —
J. M. COPELIN, Prea. JOS. GENNTISON, Mgr.-
2 N. BROAD ST. ATLANTA. GEORGIA.
HUBBARD BROS & CO., mSants
Atlanta Olllces, 219*221 Century Building.
Members New York Cotton Exchange, New Or*
jeans Cotton Exchange, Liverpool Cotton Asso
ciation, Chicago Board of Trade, New York Cof
fee Exchange, New York Produce Exchange.
Buslne$s solicited for the above exchanges.
Direct wire service. Correspondence invited.
Phones 464, Long Distance 39. A.S. Hustacc. Mgr,
NOTES ON CHAIN
Pointers on Provlslbfit.
Private Wirt* to Ware 4k Lvinml.
t hliTfo, 11.—III Hoc of v«»r
onveruiuftil HKiirwi oil wlirat.
JWiine RflliiiK niii'st hr few belated longs.
1 rwivd liit lliitil to buy It for n turn.
MbUNH «»f iku rhlrnxo iNtrr-iRcoan fig*
tUo corn rroji nt 3,<<6.099 buslisls. sort
think* bo Is rlgbl. Wo umy lints rallies on
this corn mul Ibm will In- the time to soil
December cinl May for m loiitf ptili.
rrovlnbni sjsHMitntora cull attention to
furl tli.ic while hog prices nro tiltoni the
ram* now nn they Were a short time ngo,
Inril Is hi...ut %v - “ |g " ‘
rein nrli-es look
rrem lor outer jtrtsm. i. tne
i Imvlng n bull cNinimlgn on
g o|M*ratlnn* sho# large i»r»»,*-
MWt on tho present cost of
t'inl.ihys then havlm
hand, i'scklng
U* ou nil |»ro«l
hogs.
Prjynte Wire to Glbert St Clny.
( lib'llgo, *— •* ««-- •*-«-- •*-—
‘Kuiumary
Inrrc yleW,
usually flue* quality
an exeelieut outlonk Is reportetl. In Mis
souri there Ms stniie Irregularity lu re|sirta.
but on tii M whole the crop Is ilolng well. 71
„ ^.‘lliug Hepteiutier Isnl nml rll*#..
h rluliiMii selling January lanl. Very little
support to jjra ‘ “
heavy run
PRIMARY MOVEMENT,
The following figures show the primary
movement of wheat ami cor%:
When t—Receipts t.nlsy #11.000 bushels.
rnlnst 7T7.WM luishelN Inst year; *l»li»-
bushels, ngnlnst 56i-
2*4.060 boil _
_ L — y«**r: shlniuents
tmley 597,000 bushels, ogulust 912,000 bush*
•’i last year.
LIVERPOOL GRAIN MARKET.
Whent—open He lower; closinl HGHe |ow-
Corn-Opcned unchange«l and closed uu<
THE COTTON 8EED OIL MARKET.
FOR CASH WHEAT
Othcl' Influences Were of
Bearish Average this
Moraiug.
PRICES SHOVED DOWN
New York. Aug. 11.—The innrkct for cot-1
hi overt oil whs fairly active ycstenluy
rturlug ths curly rtenllngs. purtlcuhrly for
the near-by rtellvcyhn. There was n fnlr
Iciuiiiirt reportert. amt offerings were light
^r. Tbch* was also n little steiuller f»H*l
ng In tile illstsut rtellverb**, uotwltbstsurt
lug the persistent wcskricst In cott* 1 ?*
Ovtirts’i* ii <1 van ceil Vie* from tbs luw |Kilnt.
hiiiI ths difference between Heptetnbcr Hurt
(letoiMT Iihs mirrowert coiislrtersblv. The
rtlstiint deliveries are still Infiuucetf by the
vop situation. The market at the close
higher.-
Vnre ft
October
November
DecenitH’r
Jnuunry
Closed itssrty.
J DAILY COTTON LETTER
New York, Aug. 11.—There ws* a steadier
tons In the cotton market t’.’rtsy. but Week
end 'lulln-,- 4 prevniitsi generally ami prlucl-
pul trndeiji seemed inclined |o bold off In
view of ths rnst rtlffcrem-e of ofilnlnti rcls
five to the tKisItlen of some of ths clique lu
tsrests. There was reported to lie n Igrgv
i long Interest In tjie market ami
Kunipertii long Interest fn the ejarket ami
some of the moat* traders figure that this
will l»e gunned after In the near future by
•ertnln Interests who were long of the mar*
let some* dsys ago ami who have now
hanged to the other side. Ths crop soil
weather news continued favorable tislny
snd tbs statistics were In line with early
predict (nil*. Jlowevpr. sti early material In-
crease In visible supply Is expected In some
nnarters on neenunt of fhe smaller spot de-
The genera) market
•rt n giMH} ifeellne, fin *
Iffy reoulrn some ue
... put the market in
from lirevnlllug quotations.
Selling Was Heavy, Result
ing in a Fraction De
cline nt Opening.
By I'ljlvnl. r.M«s| Win-.
I'hlfafo, All,, 11 —Thr antlre ap.ru-
Intlve Hat on th, board of trade auf-
f.rml further r«c«aalnna reitlng apnta
for the day, ahnwlnc loaaea of 1-Hf
l-Jc.ln wheat and corn, 1-4©I-Sc: In
oata, and 31*3010 canta In hoff pr<>-
durta.
Tha rnllr. apaculatlve Hat waa on*
flor mora or laaa aalllng preaaure ilur-
In, tho antlra day. Caah >al«a hrr.
Inrludod 156,000 buahela wheat, 103.-
000 buahela corn and 160,000 buah> u
oata. Tho ..aboard reported 31 load*
wlirnt, 30 load, corn and 60,000 bu.li-
rlfl outa.
Primary riM.lptt—Wh(at, for ih«
ilny, 811,000 buaheU. and com 284,0'")
bualiola, comparad with 777,000 and
431.000 buah.la reapecthraly a yaar ng".
(Mvarani'.a for th. Day—Wheat 62J.-
000 buahela, com 11,000 buahela, oata
30,000.
, .CHICAGO GRAIN MARKET.
Cblrngn grain aud pmvlrion. quuUllon.
for today follow:
Opto.
1VIIBAT-
RRr. Tig
Er S!
OATS—
High. faow. (.toss. Cl»
9 1
4*44' 49
« 44H
4644 4644
E~ h 111
. oiiK-
Kept... m.n
Jail.... 13.00
LAUD—
fiiq»t... 6*60
Oct.... 8.76
Jan... f.oo
HIDRB—
Hept.. 8.90
Oct.... •“
.1 ^
If 1 .;
1.00
it
3.66 3.66 3.7744
Rh7',4 3.70 1.97',
7.30 9.0314
*9to,. T «ye
Nn. a i
047144-
NORTHWEST CARS.
Iflnttenpollii
Dulutli
Wheat.
Corn,,
pats.. -
CHICAGO CAR LOTS.
^ Today. Tomonot*.
CENTRAL BANKS TRUST CORPORATION,
CAPITAL $500,000.00
If you contomplote opening a now account, or changing your prea.nt
banking orrangoment. and wl»h to connect youraelf with a strong, conaorv-
atlvo bank, fully ©quipped to aorvo you as your bualncx JtatlfioB, we
Invito you to call and talk the mattar over with ua.
Aaa Q. Candlar, Pr.aid.nt,
W. H. Pattar.on, Vlea-PraaldanL A. P. Colaa, Caahltr.
John 8. Owsna, Vlea-Pra.IdanL Wm. D. Owen., A.it. Ca.hl.r,
Frank llawklua. Pr-.ldrnt.
II >1 AM.!"-"). V. I' Th •mo. •' 9-r«""
Jo.opb A. MrCord, CaaMvr. II, 44. Byrra. A..I,
Third National Bank
. . $200,000.00.
. . $300,000.00.
Capital
Surplus
DIRECTORSi
Frank Hawkins.
If. M. Atklason.
Joseph A. McCord.
J. H. Nuonally.
J, Corran Psytts.
K. R Hosssr.
David \Ynod ward
ATLANTA NATIONAL BANK
ATLANTA, C,A.
C. E- CURRIER. Prealdent. A. E. THORNTON, Vlce-Pra.idant,
H. T. INMAN, Vice-Preoldfnt. GEO. R. DONOVAN, Ca.hl.r.
JAMES S. FLOYD, Asa't Caahiar.
Capital $500,000.00
Surplus and Undivided Profits....... $500,000.00
We Solicit Your Prftronage.
WM. La PKEI* Presidest. %
THOfi. J. PER
'LEM. Cnshier
ROBT. r. MADDOX. We-Praa
JAS. O. LI
sTi:n, am'i <
ashler.
***.7.«n
EU67.fi
.,.7.66-7.1*
7.35-7.4»
7.40-7.43
7.46-7 J*1
7.66-7J6
6. fiV7.m
7. «V7.*
7.flfi-T.|i f
7.19*7.161
9 f0fL Nfw Orltlnt.
conot^^^ohh^s. BONDS,
(a 3 ffiff SI., him 6,!!«•,. UnU, it.
ItlMlIS:
nn rut Ctif tajm>
Hn Off,,** ban fxM,,<.
^iotavVM *» In t.it, ffrw Orient. Chinee
leii rht.e
Ckltigo 8«>rJ of Tndi.
ChKteo Slick tttbtfQI.
Nrw York Coflti r.tht igi.
I.CC0TMKAN. Hull".
Stfidirlthin
MADD0X-RUCKER BANKING CO.
CAPITAL $200,000.00
SURPLUS AND PROFITS . . . . $500,000.00
ACCOUNT* IfdvtTCO
Wc invito accounts of individual!*, corporations, banks
nnd bankers nnd oiTcr tho best terms consmtput with
eonservativo banking.
In our Savings Department we allow Interest at the Rate of 3 1-2 per
cent. Compounded Samt-Annualljr.
i infi l l 4 'ifrat’-n