Newspaper Page Text
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THE ATLANTA GEORGIAN.
BATrttPAT, AUGUST 1!, I9"6.
EDITED BY
JOSEPH B. LIVELY
( THE GEORGIAN’S RECORD OF MARKETS AND FINANCE").
Ilf. Lively'* 25 years* experience
jf editing markets In Atlanta nnd
the South has made him a rec
ognized authority In his specialty.
-JJ
COTTON THE KING,
He Has Apparently Been
Deserted by His Loyal
Subjects.
close today with last Saturday's final
figures:
Today. Aug.
August 8.74-76 9.3!
September 8.87-88 9.48-50
October 0.62-04 9.63-64
November 9.07-09 9.69-71
December 9.12 *9.76
January 9.19-20 9.83-88
February 9.22-24 9.91-93
March 9.28 9.98-99
Since July 17 the decline amounts to
140 points, and (or the week 81 to 72
points.
SPOT COTTON MARKET.
BULL IS A CURIOSITY
Sew York—Quiet, 10.10.
Sew Orleans—Baijr, 91511
Liverpool—Quiet, 5.45.
Boston—Nominal.
Louisville—Finn* 10Hc.
Memphis—Quiet. 10c.
Philadelphia—Qutet, 10.31
Norfolk-Quiet, 10c.
This Element Cowed by In
dications of a Bumper
Crop.
Cotton has apparently loet all frlenda
and a bull Is now a curiosity—a freak,
If Judged by the movement of prices
(or the past week. Yet this elsment
can not be censured, (or they have
been "cowed" by nature—the weather
having been of a kind to Insure a crop
for the coming season of proportions
that will leave the producer with a
heavy burden to carry, and In the
meanwhile maintain a comparatively
fair price for his product.
Today's market wan weak In all cen
ters, the close showing decided declines,
New York closing 16 to 22 points lower.
Since last Saturday prices have grad
ually slumped without Interruption, and
the close today, while at a slight ad
vance from the low point, was weak,
with the trade generally expecting
lower prices.
In speculative circles, however, It Is
the "unexpected that happens," and all
the bearish "dope" being sent out from
the speculative centers may redound
to the benefit of the holders of spot
cotton, In that there Is a chance that
more cotton will be sold at present
prices than can be delivered. It rests
with the producer. He is not bound
to market his product oira basis dic
tated by the dealer In "paper" cotton.
The following table compares the
Liverpool. August II, 12:18 p. tn. Cot-
.on, spot quiet, with prices easier: mid
dling uplands 6.45d; slice 4,000; American
3.600; speculation and export 400; receipts
7,000;. American 100.
Futures opened easier.
LIVERPOOL COTTON MARKET.
Opening Previous
Itsngv. Close. Close.
.6.21-3.20 5.24
..6.17-6.15 6.15
.6.00-5.07 5.07
..6.06-6.06 6.(6
.6.084.08 5.08
..6.084.06 6.08
..6.094.07 6.07
. .6.104.08 8.08
. .6.134.10 5.10
.6.124.11 6.11
August
August-Sept. .
Sept.-Oct. . .
Oct.-Nov. . .
Nov.-Dec.- , .
Dec..Jan. , .
Jan.-Felt. . .
Fob.-March. . .
Msrch-Aprll. . .
Aprll-llajr. . .
Closed steady.
» HIS-
S.n
6.166.11
6.14
6.14-5.15
6.15
5.164.17
6.1*4.19
6.164.18
8.21
PUBLIC IN MARKET
ON LEE SCALE
Buying Orders in Large
Numbers Gome From
Many Sources.
COVERING URGENT
Talk on the Floor Was Ex
tremely Bullish—U. P.
Still Soaring.
RANGE OF NEW YORK STOCK MARKET
Aui'i iMiiUiutr'l l.'OPli
American tingar ilctlulug..
Atlantic Coast Lint*
Anaconda
American Isocoiuotlve.
America n^Sm!^ng ‘ Uefluing!!!!!!!MI!!!!I!3J
da, preferred.
Atchison
do. preferred
American Cotton OIL
Baltimore and Ohio,....
Brooklyn Rapid Transit
Canadian 1‘nclflc
Chicago and Northwestern,
ChcMFenke and Ohio
Colorado Fuel and Iron
Central Leather.
do. preferred...
Chicago and Oreaf Western..,,....
Chicago, Milwaukee mid St. I’uul......
Delaware and Hudsou
Distiller** Securities
do, * preferred..*.. .*... .'.*.*.'.*!*.*
General Electric
Illinois Central.
American Ice Securities...
TODAY'S PORT RECEIPTS,
e following table snows receipts at the
k today, compared with the same day
N'e** Orleans.
Onlveaton. . .
Mobile. . . .
Havnnnah. . .
Clisriestoif. .
Wilmington. .
-4786
4
1194
1178
INTERIOR MOVEMENT.
The following table shows receipts st the
.nterloe- towns today,
same day last year:
Memphis. .
8t. Louis. .
Cincinnati.
*3?
Ol BERT & CLAY
IS K. ALABAMA «t.
• ▼OCHS, BONOS.
COTTON. GRAIN.
COFFEE, PROVISIONS
MEMBERS
Kew York Btoek ■xrtangwINew OHfiM Cotton
ATLANTA. OA.
1 Board of Trad*..
Now York*Cotton Bxcb.ngwlNew Orleans Stock Sxchsugr. Liverpool Cotton Asfoclntlon
„ York Coffee ExcbangS.lNew Orleans Board of Trade. |Oalve*ton Cotton Exchange
Private Wire, to all Exchange.
Local and Lena Dlitanoa Telephone 5298. W. n. FAGAN, Manager.
MORE REAL ESTATE
WEST ATLANTA PARK.
Only Two Left of 8 Bright,
New Suburban Homes.
The month will bo given FREE,
and if occupied one year, two more
monthe will, be given FREE at the
end of the year, making only nine
monthe you will have to pay for. None
but good familioe will be allowed In
thee, houeee, Theee are located on the
river electrlo car line, only twenty min.
utea’ ride from the center of the city;
contain 7 and 8 roemet hava nevar
been occupied; are located In West At
lanta Park. Every houeo fronte a fifty-
foot park, which le set in treee, ever-
grtone and flowara. Pura airs natlva
oaka: an idaal apot for children. It le
cheaper than living in tha city and tha
•urroundinga art more wholeaome. In
fh. center of (hie park ara tha FERRO
PHOSPHATE SPRING^, which will
cur. any cr.aa of etomaeh or kidney
trouble, no matter of how long stand-
ing. It now haa a new church, neatly
furnished, « atoro, a school house eoat-
ing 82,500 will soon be completed. Copt.
3- T. Mills, who lives oh the grounds,
will ihow you through the houeee. Rent
120 per month.
JOHN J. WOODSIDE,
12 Auburn Avenue.
For Sale By
C. H. WELLS & CO.,
HOI Fourth National Bank
Building.
■I’l.EN’Ptn NHW KlGlIT-BOOM TWO-
htory an,| strictly modem north side
“IIn very lbest resident section of the
•'. if youNnrc n home seeker, come to
"ft altrt1 »t It. We may happily furprlse
■ Terms.
NINE-
Sp^olal
♦dal price.
I ! VtellY CHOICE Nkvf
«hb* on the north aide; morfera tn
l»ei»ntlful east front lot with
“iifFhrule; n lonely place. You should see
■I—? rttl make satlsfactorr terms. .
*¥f-fiNK LEVEL TRACT. FIFTEEN
ruinate. r |,|. f ro ui center of city, fan-a L-
. rw> ] front on t*antlfnl new street: gfw
from car Hue. and near Urge latlua-
.,°?der way. Many people will nectl
Umea ho,p. Tnere’a good money In this.
F-sntTTtiuN lloifB. WITH S
Ml <’lurkston, an (leorgla railroad.
Jr?."'dldfngs; large shady yard, nnd an
s' '»«•** of fruit. Three minutes walk
Uepat, A very desirable auburban
WANTED.
Houses to rent. Have
clients for bouses in all sec*
tions. If you want your va
cant house rented at once,
list it with
LIEBMAN,
REAL ESTATE
' • AND RENTING
28 PEACHTREE ST.
Phones 1075.
H. C. PENDLETON,
REAL ESTATE,
614 Peters Building; Atlan
ta Phone 1237.
FARM—49-ACltE FARM WITH TENANT
house. I tarn and orchard. Ten acres In
wood and shout 10 acres In pasture. The
neighborhood Is good, and about 7 miles of
Atlsntn. Price for quick sale, $1,500.
fai,h-26 Acfii% %-TTOBrsa-tTn:
eaat of Atlanta. with onllnnry dwelling
onil liaru and good orchard anil good loud
"* It. C. 1'fc'N‘DUEtON.
FOR SALE.
HOMES.
VEST PEACHTREE, NEW AND
Ireatttlful S-rooro 2-story hiwae, lot
61x729 .......38.260
XHItTII AVBNt'K (WU.Sl'I-A wEi.i.-
1-story house, modern
built 10-room
throughout » »••••»■* TW
JI Nli'EU HfbBE'r, S-HOOXI 2-8TOUY
house, modern ***”
. UOLiaKVAhD-ftEAt’TirLL 9- " '
room house
NOItTII llOLI.EVAltu-NEW U<JV*K
unoderm ......................10.000
'. JAl'KSON-nEAl-fu't't. S-l««lM
2-»tnrr home; large lot..... .....Hjw
S’. jACktiON HT.-SlOufaBN 7-ll603f “
T. CUAULKH TA^JncrriKHT
home on street; large lot ...■■...B.OM
CAWTOL ave.-lovkKi i-uboto
•*-storv house; modern $4,250
CAlMTOt, AVKNl^HKAFTI^l I'
roohi home; lot 1arg»> ........$4.250
WAHillNHToS Bf.-U NlNI^IlOOM^
2-story house, built for a home. ***
ST.-NEAR “
Tlflv
WASIHNIlfoS m
nht.ve nlsrc: H rooms IV7
HBIUHIIA AVE.Vt fl-SMi 1 AAfi—“
morlem ■•ottage -EiS
I.ooMik AVE-A flODEWT7-BOOlT^
room house.
HENDRICK & CO.
23 1-2 Whitehall St.
Phones 2837.
A. L. HE.VDRICK. C. .H. FISHER
By Private Leaaed Wire.
New Tork. Aug. 18.—Speculation for the
rise continued Its furlona pace tbrongb the
whole two bourt of lmslneaa tbla morning,
and there waa acarcely a tet-np from flrat
to last. Transactions surpassed all pre
vious records for a Saturday—an achieve
ment euRtrlently remarkable In Itaelf
There still wss dttle evidence of outside
haying. Profeslsonal speculators, flushed
with success, were Investing la other quar
ters of the market the enormoui profit,
secured In the Pacific shares. This waa
the mala force behind the movement. Theme
venture! were made with the utraoat aluu-
U ai. na brut ted huge gaina suddenly and
easily made. There waa aliaolntely no
re.iaonlng at air governing the day'e oper
ation.. It .earned aa tlinuuli the Union
Pacific dlrldeii.1 episode had fairly Intox
icated the specula tore, and that all rational
considerations hsd taken flight.
Needless to say. the conservative aentl-
. ordera In large nnmhera coma
from many sources. Commission bonses re
ported that the public was In the market
largr — ' '
ere waa urgent cov
ering of the shorts, and prices In almoat
everything traded tn mane material ad
vances <lurlng the first hour, union Pa-
rifle, after opening 3 point, higher, rose
to 113. Southern Pacific rose to WV Penn
sylvania made a gain of 2itc to 14511. Lead
rose 184c.
Talk on the floor waa extremely hulllah,
and reporta were freely circulated of sharp
advances on many stocks. Brooklyn Rapid
Trnualt waa exceptlonaly heavy.
Oovernment bonds unchanged.
Other bonds strong and active.
PRIMARY^ MOVEMENT.
Wheat—Receipts today 734,000 bushels,
agalnal *77,000 buabela Inat year. Shipments
today 409,000 bushels, stalest I3S.I/M bathels
Corn—Receipts -today
■gainst 496.000 bushels lai
today 171.000 bushels, age
„ J bushels.
last year. Shipments
against 462,000 bushels
WARE A LELAND’S
DAILY COTTON LETTER.
New York, Aug. 18.—Opening steady
on week-end covering, the cotton mar-
ket Immediately turned weak under a
renewal or general selling led by locals.
Prices broke to new low levels, Octo
ber to 8.99, December to 9.10 nnd Jan
uary to 9,19, * net decline of over 140
point* from the high level of July 17,
since which time there has been prac
tically no reaction. Good weather re
porta, big crop expectatlona, bearish
statistics and a weak Liverpool tend
ed to Inspire bearish confidence In the
face of recent heavy declines. Bull
leadership was abssnt and whlls con
servatives reduced lines on the Idea
that the ahort Interest was becoming
over extended, sentiment generally fa-
vorsd lower prices ultimately. Elli
son’s statement of European mill atocka
waa regarded aa rather bullish, the In
crease of splndleage during the year
offsetting the Increase In stocks ot
135,000 bales over last year, August 1.
Weather conditions over the belt as
shown by the map were favorable, on
ly scattered showers appearing tn
(uwiin i in
New York. Ontailo and Westeri.
National Lend
Northern Pacific
New Tork Central -
Norfolk and Western
Pennsylvania
Pressed* Steel'iisr
do, prefetrtd
Ptclltc Mill
Reading
Republic Steal* *****
Hock Island *
da, preferred *
United States Rubber
do, preferred
Southern Pacific
iioijtbero Railway
do, preferred..
Rloss*8hefF!eid *
Tennessee Coal and Iron *
Texas aad l*actttc
Union Pacific
United 8tntes Steel
do. preferred
Virginia-Carolina Cbetnl ml
do, preferred
Western Union
Wabasil -
do. preferred..
Wisconsin Central
do. preferred
Total stock sales today shares.
NOTES ON GRAIN
Pointers on Provisions.
RANGE OF THE COTTON MARKET
AT NEW YORK.
oX::::
Nov. , • •
Dec. . . .
Jan. . ..
Feb. . . .
March. . .
98
tati
II
8.74-76
M74 •:
9.0203
9.07-U9
9.12
9.19*23
9.22-21
9.26
0.92*971
9.02*03
9.21*221
Closed barely steady.
TIPS FLASHED
From Wall Street
whlls the forecast was for no material
change In conditions over Sunday. Af-
the first hour's trading local cov
ering rallied prlcea slightly.
New York, Aug. 18.—Great oxdte-
ment prevailed at the start with Un
ion Pacific up 3 to ( paints, Southern
Pacific 2 to 3, with decided upturns
In Pennsylvania, Louisville and Nash
ville, Ste.la and Copper*. Commis
sion houses had their hands full of
buying ordera, and sentiment was de
cidedly bullish. Considerable profit
taking took place In the Harrlmana, SL
Paul sold off, but It appeared as If
there were two buyers for every seller.
With the trend unmistakably In the di
rection ot higher levels, bull tips being
numerous and well responded to, espe
cially on Reading, that scored over 4
points rise. There wa* no diminution
n the Interest displayed In the Harrl-
man Pacifies, for which much hlnber
prices were prodtrted while Coppers
were alidad for a big upturn and were
splendidly bought. Bullish talk was
heard on Steal*. Erie* and other Mor-
stocks that will probably becomo
market features diltlng the coming
week. Transactions were again trs-
menfdou* and over 1,000.000 shares tor
the short session, an indication that the
public are In Wall street again very-
extensively The bank statement was
a very good.one, although very little
attention was paid to It. Surplus re
serve* 35.175,000. The market was ex
tremely active right up to the close, a
moat cheerf-i! feeling prevailed, and
Increased Interest can be looked for In
addition to higher prices than have
yet prevailed.
NEW YORK BANK STATEMENT.
Th. wseklv smtenii-nt of the New Yerk
Rnnk Association shows the following
changes. increase. Decrease
r*" :: ::;;
ppecleV. . 3 190,000
■>»n is
"lAjxmlt* .sssa 5 ' 11
Irctilstloo 16,009
About ns expected.
Private Wirt to OJbert & Clay.
New York, Aug. 18.—Marshall, Spa
der & Co.: The effect on the market
of so wide a price movement In special
ties must not be disregarded, and we
prefer commitments In active specu
lative Issues which have not yet been
mad* the field of such tremendous
operations. We believe the policy of
larger distributions of earnings will be
extended in other directions and think
Amalgamated Copper, Steel and th*
coalers worthy of supporL London Is
closed today, but It Is not Improbable
that In view ot a reported large short
Interest in that market In Americans
that th* London curb market will b«
ot Influence In our trading.
Private Wire to Ware & Leland.
Now York, Aug. 18.—London closed,
but big curb market predicted on
Americans.
Favorable bank statement it expect,
ed. An Irregular market can b* looked
tor, but Pennsylvania Stesla and Cop.
art are likely to wij-k In an upward
Irectlon. on talk ot Increased divi
dends.
Week-end realizing may create rear,
tlonary movements, but sentiment Is
bullish and should meet buying orders
that will be made active.
Dow-Jones Summary: Lopdon stock
market doead today.
Foreign houeee expect a good curb
market In London during the period o'
our market.
Annual reports ihow that Union Pa-
rlfic earned It 1-9 per cent and South
ern Pacific 91-2 per cent on common
stock with real earnings substantially
larger.
Earthquake disaster In ChUI mors
serious than first reported.
Forty-one road, for the first week In
August show sn average groee Increase
of 15.46 per cent.
London option dealers believed to be
caught by advance in Southern Pacif
ic and Union Pacific.
August earnings of St. Paul will re
flect enormous passenger business.
Banks lost on week’s currency move
ment 6936,400. Bank statement
K cted to
it week.
Bradstreet’s says: "Confluence
creases as crops approach maturity.
Dun's KYlew says: ‘‘Abundant cropn ,
AT NEW ORLEANS.
The following Is tbe range In c«
urea In New Orleans todiy:
f
1 fil g
|3
0
1, 5 1 2
2Z \
I !
H
9.7J1 9.7I1 9,;i| 9.7o| P.70-77!;
Oct. . . ,
Nov, . . ,
Dee. . . ,
Jun. . . .
Feb. . . .
March. .
.
9.22-24
F.1B-SU
). 23*24 J
riomv! s»«»n«ly.
THE PRY GOODS MARKET.
»-r Ymk, Ang, !».—The ilry gno-ls mar
ker la still .frond and active, csncrinlly
Inl-bln* Sonne, shipments of good, luive
b’cn leree foe the week. Mnnnf.eturer*
cf cotton good, nre finding fault with
prices, Imr woolen gnod. agents found the
o-iee. too low for reesonslde profit, finw
.Ilk l« notch firmer. lUw woof Is firm nnd
more motive.
THE SUGAR MARKET.
- r-trere l.er-cl Wire,
New York. Ang. IS.—Loonl refined and
raw e-!tr at—dr and unchanged. lew
don '-eor. m VI for Angnat at 9* Mgs
tad September np 11W to I* *4tL
Twelve Industrials advanced .79.
Twenty active railroads advanced
2 34 anil within 9 points of high rec
ord.”
Tbe New York Ftuanetal Dnresu snys:
-While the stock market Is likely to lie
touienhnt feverish today, s nightk dlges.
tlon of Friday's dsrelopiuents duuiouatruien
the addltiou ot grout strength to the bull
party, nnd we nrmly oelleve that nil re.
cessions should be tuken stlrniitnge to buy
By Private Wire to Ware & Leland.
Chicago, Aug. 18.—Wheat cables
were a decided disappointment, and
on any bulge today would sell wheat.
The department of agriculture has
Issued a statement showing the exports
of durum wheat from the United
States for the year ending June 30,
were nearly 10,000,000. A large part
of this grain—8,086,000 bushels—was
shipped from Duluth fyy lake and rail
to the Atlantic seaboard, and nearly
400,000 bushels were exported from
New Orleans and Galveston.
Watson, of Minneapolis, says the
eurplus wheat In the United States and
Canada Is too large to permit of an
Important advance In August and Sep
tember, and as long as Europe Is not
buying American wheat freely.
The corn pit has It that the Cudahy
line, which was around 2,000,000 bush
els September corn, was liquidated
from 49c down to 48c. The Mlchael-
Cudahy lino of May corn has been av
eraged down from 61 to 45c. It Is
the largest Individual line known to
exist In the trade. Liquidation yester
day was on stop orders for holders In
general. The country did not sell aa
much corn yesterday tut In the two
previous days, which was attributed
to the decline In prices.
In the past three weeks there have
been sales of 400,000 oats to France
through New York and Newport News.
Chicago people have made fair sales
the past two days, but the exact
amount has not been given. There Is
a scarcity of mixed oats and they
command good prices.
Private Wire to Glbert & Clay.
Chicago, Aug. 18.—We see no good
reason for selling wheat short under
prevailing conditions.
Corn Is not high for the old or new
crop.
Oats still suffering from heavy hedg
ing by northwest.
The Record-Herald says:
"In looking over the field I can see
nothing on which to base hopes of an
enthusiastic bull market for wheat In
the near future," said James E. Ben
nett. ' "Canada's crop Is large. It looks
as If there would be poor bids for
wheat from abroad."
Total sales abroad aggregated only
280.000, of which 180,000 were new du
rum wheat for September-October
shipment.
Ten cars new oats Id yesterday Min
neapolla receipt! That market waa
selling heavily here as a hedge against
purchases through the northwest. Ex
porter* here and at the seaboard were
unanimous In their report of yesterday
at New York on the theory that 71-9
premium over Chicago was wide. Lo
cal exporter* vga claiming that the
seaboard could not stand under the
pressure of that sort.
Sales cash grain 60,000 mixed wheat
276,000 corn, and 175,000 oats.
Seaboard sales 280,000 wheat and 43,-
000 corn.
NORTHWEST CARS.
WHEAT WAS AGAIN
LOWERJT CLOSE
Bears Refused to Absorb the
Increased Offerings
a Factor.
ARE WEAK ABROAD
Large Estimate of Winter
Wheat Crop Also Bear
ish Influence. .
By Private Leased Wire.
Chicago, Aug. 18.—Wheat was again
lower, closing prices showing losses of
1-4 to 3-Sc for the day.
The bears refused to absorb the In
creased offerings. The weakness In the
wheat markets of the old world and
the new estimate by 41. V. Jones of a
winter wheat crop of 447,000,000 bush
els were bear helps In themselves. Min
neapolis advices say there will be a
good movement of the new spring
wheat next week v Bids from abroad
were poor, yet as many as 75 loads
were reported as sold for export late
Friday.
Corn closed tame and 1-3 to lc high
er than the bottom price on shorts cov
ering.
Oats 3-8c off to l-4c higher.
Hog product* narrow, late.
Primary wheat receipts for week 5,-
171.000 bushels, corn 2,346,000, against
4.670.000 and 3,116,000 bushels, respect
ively, a year ago.
CHICAGO GRAIN MARKET.
ears today, last irssk snd list 7err:
acod stocks, as tbe lodlcutluua now are
for n broadsr murket nnd a •uhatsntlnt
Jill bile speculation. Whatever criticism there
— of the action of the llsrriuntn tn
the tuct stands out that Union Pa
*1
. rltlcISL.
may lie of tbe action ot the llarriun.n In
ternets, the tuct stands out that Union Pn-
clfle returns,st tbe closing level od tbe
amount of capital forested mole Ilian 67
per cent nnd Bouthern Pacific almost 61
per cent, and It may lie taken for *rant«
that the former will be treuelent whllo tbi
latter, when the Import ol the matter li
folly realised, will Irresistibly operate foi
fundamental optimism, especially wht-u ji
Is considered that the Union Paclflc it.
a granger end the crops this year will lie
a bumper The lead thus established of
sharing with tbe stoekholdera great
will force slmllnr notion on tbu r
other Interests, and this policy w
' domestic lint benvy fore
fnetor ardently desired. .
latino hr outsiders was already uianifeatlna
itself yesterday, su l we think today ami
Monday, through tho big advertisement
the paper* give, th* market will fnrtlier
augment the eommisleon business. There
I* no reason for throwing conservatism to
•h» winds, even rhangh every factor except
money l>. bullish, for money makes' tbi
mare go and a h 'it will dnobtlesa la- culled
upon nnres**nnMe plunging. Csrefnl at
tentton to Individual positions I* recoin
Minneapolis.
Ill
CHICAGO CAR LOT8.
SOUTHERN EXCHANGE
Oldsst Established Office South.
COnON STCCiS BONOS GRAIN
Ground Floor Could Building. Dally
market letter and market manual
mailed on aptdlcailon. -
L.J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, MAIN
Correspondent's Capital $253,000
RCrCRCNCC, TH* NCAL BANK
PHONE MIT. PRURENTI At- BLOC
HUBBARD BROS & CO •9 Sm
Atlanta Offices. 219-221 Century Bui'din#.
Members New York Cotton Exchange. New Or*
leans Cotton Exchange, Liverpool Cotton Amo*
ciariun. Chicago Board of Trade. New York Cof*
*ee Exchange, New York Produce Exchange.
Bu«ine«<i »ot*ctted for the above exchanges.
Direct wire «ervlce. Correspondence Invited.
Phone* 451. Long Dbtance3L A.S.
Wheat..
Corn.. .
Onte.. ..
IIOfB..
Todaj^. Tomorrow.
tor today follow:
Open. High.
Dec. ...
Mnr 44g
OATS—
Sept....
Dec
Mny
FOBK-
Kept... 17.00
Oct.... 13.30
LABD-
Sept
Oct... $.70
Jan.... 7.82K
SIDES—
Sept... 8.KH
Jan!'.!*. 7!is'* ....
CASH WHEAT—
No. 2 red 704
2 hard winter
$.90
7!»"
;.£Mr '
I.87H 1.87 V* *.»->
Liai Lt6 7.1*14
LIVERPOOL GRAIN MARKET.
Wbeat-Oiiened 14* tower; dosed He tow
r Cotn-Opened VI* tower; closed He lower.
More Markets bn Page Two..
3i % Compound Interest
la the rate your money will draw if deposited In the SAVINGS
DEPARTMENT of
CENTRAL BANK AND TRUST! CORPORATION
CAPITAL $500,000.00. CANDLER BLDG.
STRONG, SAFE, CONSERVATIVE
You ar. Invited to call and Inspect our quarters and Investigate
our facilities to servo you. A hearty welcome awaits you at this
bank.
ASA of CANDLER, President.
W. H. PATTERSON, Vlee-Pres. A. P. COLES, Cashier.
JOHN 8. OWENS, Vlee-Pres. WM. D. OWENS, Asst. Cashier.
ATLANTA NATIONAL BANK
ATLANTA, GA.
0. E. CURRIER, President. A. E. THORNTON, Vice-President.
H. T. INMAN, Vice-President. GEO. R. DONOVAN, Cashier.
JAMES S. FLOYD, Ass’t Cashier.
Capital $500,000.00
Surplus and Undivided Profits $500,000.00
We Solicit Your Patronage.
Frank Hawkins, President.
H. M. Atkinson. V. P, ’ Thomas C. Erwin. Ant. rimhli-r.
Joseph A. McCord, Cashier. ft. W. Byers. Asst. Cashier.
Third National Bank
Capital
Surplus
Dr. A. W. Calhoun.
. . $200,000.00.
. . $300,000.00.
DIRECTOR8I
cotton^g^a:^, ^roviskjJFsStocksjbonds,
Kb. 2 Watt SI., Bn/Wa* Alftsts, da.
UlktlMS:
*..4 (eftM firltif*. CHctgs B»»rd $t Tnt%
K "iZluiagf. . CUtis Slock btkMt.
Littreaz' Colioi AttStMlso. ?.*w York Col*ft
'Trli.ls »U« »• *«« ("L *« Masts, CMcaga 9- C COTsjts. kssssrr.
tab Mass 1262. SU.l.rS K
MADD0X-RUCKER BANKING CO.
CAPITAL $200,000.00
SURPLUS AND PROFITS .... $500,000.00
ACCOUNTS tKVITCO
We invite accounts of individuals, corporations, b&nka
and bankers and oifer the best terms consistent w ith
conservative banking.
of 3 1-3 per