The Atlanta Georgian. (Atlanta, GA.) 1906-1907, August 18, 1906, Image 15

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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