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A TLA NTA G EOKGTAN.
JOSEPH B. LIVE I
i.y(~ THE GEORGIAN’S RECORD OF MARKETS AND FINANCE"^
.!r«dy'# 25 yfiri' «*xpt»rlrnr*
IItfng market* In Atlanta smI
South hs* rande him a rec-
agnized authority to bln specialty.
%ss
OPENED HIGHER;
SLUMPED LUTED
There Was a Better Feel
ing in Some Quarters '
at the Start.
NEWS AND GOSSli*
Of tbo Fleecy e ‘—
STOCK MARKET
SELLING WAS HEAVY
Forced .Prices Off Several
Points to New Low Rec
ord for Season.
Hr Private Leased Win*.
S'ew York. Auk. 20.—The cotton nuirket
opened Irregular, ton there wn* evldeueo
ot it Letter feeling In some quartern. That
the change of sehtlnieut fulled tj> produce
higher price# after the call was • due to be given lute
he;t\v selling on outside account, part of " ,,n **
H premium lily short stuff. That forced
tie* Hat off (several point#.
Private Wire to Glberi A
New York, Aug. 20.—U\ginoo\ opened 0 to
8 down. J.xJxvieU s to 9 down.
l.lrerpool ealde: "Market disposed to
folly at the opening, affected uniavorablr
by Lgyptiuu Helling order#.’’
Bull# at higher price* have liquidated
freely today, while crowd are taking on
some. Market show# no anal). but the
abort interest l# large and would not care
to he short of it.
Local* are pouudlug market; no having
power.
The Journal of Commerce Hay*:
lower price of cotton 1* having a softening
tendency on forward contract# Iwgliunug,
»«y, from Ortobrr 13 ami going am*ad to
!»nd of the year. Hnt for #pot# the
to the question of further ndvi
export trade I* not active by
but sonic of the larger mills an* finding
buxines# good lor douieatleii, and they
- than the actual state
stock# warrants and some shrewd buyers
are making the most of any transactions
reported.”
New Orleans, Aug. 20.—Liverpool 6 to 8
down retqsmd# to our decline, being 7 to
$ (HiintK lower.
A plus correction of about 40,000 bales
will Ik* made at St. Louis In receipt# and
shipment#, 'fill# will have to be added to
crop movepfent. Kxnct figures will
rh
usual dally new low record wot
In the price of eottou this morning, trlct#.
majority of position# selling below
.astern forecast indicates for the
Carolina# and Georgia fair tonight mid
sduy ^except sinnrers in uiotmtaln VII#.
rnvonible weather advice# continue to
Ih- the depressing factor. '
The South was reported to be a heavy
teller during the morning session.
At midday, there was a recovery on cov
ering. but the undertone was only barely
ttendy. with trade comparatively dull.
la the afternoon, a firm tone developed
and prices were advanced sharply to alaive
the final figure# cf Saturday.
8P0T COTTON MARKET.
Atlanta, steady at D'fce.
New York, steady at 10.10c; delivered on
contract 100.
New Orleans, firm at 015-16e.
Liverpool, dull at 6.38d.
Augusta, quiet at 9%c.
Savannah, quiet at D l-16c.
St. (mills, quiet at 10c.
Boston, qnlet at 10.10c.
Memphis. quiet nt f%c.
Baltimore, nominal at 10c.
Norfolk, dull at 10c.
Mobile, quiet at 914c.
Wilmington, nominal.
LIVERPOOL COTTON MARKET.
Liverpool, Aug. 29, 12:15 |». m.—Cotton,
spot dull, with price# easier; middilug up
lands 5.3*rt; wile# 5,000; speenlatlon and
ex|K»yt 400; receipts 5,000; American 4,*
, .... _ ITevlous
Itance. Clone Close.
5.1C-5.13 5.10.5*1 6.21
. . .fO0-5,07 l.'ttRM 5.J5
5.03-6.01 4. AT 4-W 5.07
.. ,.5.00-4.08 4.05 , i.'iG
.. . ,5.02-4.98 4.*i 5.UC
. . .5.01-4.99 4.96 5.06
.. ,.5.01-5.00 4.97 ».07
.. ...6.02 4.08-4.99 5.08
. . .5.05-6.02 5.00-5.01 5.10
eat her tonight and shower#
* * * “ * tonight
fair tonight
TODAY’S PORT RECEIPTS.
The following table shows receipt# at tbs
ports today, compared with tbs same day
hat year:
Fair _
for Kasfern Florida and shower
and Tuesday for the bainue
Western forecast Indicate
and Tuesday, scattered shower# through
out.
The market has now steadied somewhat
after comparatively heavy liquidation of
rer Sunday longs.
Dick liras, wire from New York: "we
may have n reaction at any time, the effect
of favorable cron accounts being fully
discounted. As the market Is depressed
e think it Is n good time to buy. the
pclliio haring been too rapid. Have a fa-
urn Mo opiiiloji of market."
A special from Houston. Tex., says: “In
Central Texas the chief mntter of moment
Is the boil weevil damage which Is I**-
coining somewhat heavier than had been
anticipated. There are also more ImuI
/arm# thnii are reiwrted In any other see
bin of the state. The lack of pickers It
Jso worrying the farmer# to some extent,
it North Texas the cron has done only
i Mlerntoly well during the week, due to
h- continued shower#. Hull weevil reports
*,-oin that section are not'so numerous, nor
v. r so full of damage ns those from more
southerly points, but neither Is the crop
*o far advanced, and the possibility of
damage Is much greater. In Eastern Texas
the weevil and the worm are Imtli work
ing. but the crop Is doing as well ns lint!
been anticipated and picking I# now u
started. There Ims Iweti ns n whole
deterioration In every section of the state
during the week, and condition I# now
fully as low ns was reported by the gov
ernment.
Private Wire to Ware & I.eland.
New York. Aug. 20.—Liverpool opened
steady. 5 down; at 12:15 p.ui. •’* to 8 down
Hid easv. Hales, 4.000 spots. « down. At 5:88
future# were due to eouie iU*ont ”
Private Liverpool cable: "Mar
posed to rally at the opening.
favorably l»y Hgyntlau
Cotton In New York nm»*»*•». mihjiii— . -
and steady. Just nl*out ns existed on Liv
erpool cables. Helling from Liverpool and
South continue# here this morning and
market acts heavy. We can see but little
hope for market, although, ofjsuirm*. tern-
Public in the Market on a
Large Seale on the
Bull Side.
RECENT BUYERS SOLD
Selling Caused a Reaction
After First Few Min
ifies of Trading.
fly Private Leased Wire.
New York, Aug. 20.—There was no ques
tion lu the minds of. experienced person#
after the remarkable demonstration of tint-
urdny what the churnt-ter of this morning'*
opening on the stock exchnuge would be.
It wn# expected that the greater part of
the list would start out with a further
excited rise, and that huge realising sale#
would appear a the advancing prices.
The## results were realized faithfully. Al
though London quotations did little more
Install
recoiled from 1®3 points. Itn-
on nny rally.
Think It can
New Orient
< Inhesion .
.Mobile ... .
Snvnmmh
INTERIOR MOVEMENT.
The following table shows receipts at the
Interior town# today, compared with the
same day lust year:
Houston
Augusta
Meiunhls ...
St. Louis
Cincinnati
Total ...
COTTON SCORED
A SHARP DECLINE
No
Aug.
mid constantly urged on by a professional
pessimism. played havoc with the price of
• ( *tton, and at the week's end a net decline
tm- Hjc six days trading of G2 jsilnts on
October and ?*e on middling spots was
n•corded. During many days now specu
lative trading ha# been confined almost
wholly to the shifting of the bear Inter
est. the only traceable long cotton being
held by the denier In the actual stuff, who
"ill want real cotton In place of his paper
• ••ntraet# lu Ortolnw. Meanwhile, the
tc< hnlenl position Is l>eeoniJng more mid
i-cire tangled by the Increasing bearish
ness of the producer# of raw cotton ns op-
•"v-.j t,» the enntl'His bullishness of eon-
■* uin-rs generally. Hplaners the world liver
• mi well afford to pay current value# for
Me new year’s supplies, but can not be
*‘\|.»«eted to do #o until the attitude of the
Interior shall have undergone n radical
■ '.lunge. On the surface of the thing, sell-
lag eontrnet# short, after a decline of more
than 106 points, would seem to Involve
*"•< great an element of danger for comfort.
' **t extremist* in the l»enr camp now talk
'■‘."•ttou with greater show of alleged com-
h'ietiee than they predicted 9c when the
••ontract article was net llug above the IN?
n uk some week# ago. A# a whole, the
1 appear# to |»*» progressing nicely
'“•■•’igh. High temperature* lu August have
'"■'•n conspicuous by their absence. The
gov.-rnmeut crop eondltbm re|#»rt will uot
Issue I until Heptemb*** 2 shall have
|-nsh »«1. cotisoqucutly Till be of llttlo value
t" tie* trade,"—Were &. Lelnnd.
THE LIVE STOCK MARKET,
!’•' Private Leased Wire.
Hdeago. Ang. 29.—Ilogs—Estimated rc-
• «ipfs today S&OOffl/t left over 1.819; cstl-
{**. ,f ed for tomorrow 16.000. Market 10e
! ch.r: quality fair; bulk $C.l5<f»»;.45; light
."*z % f6qe.55; mixed heavy
*bU; rough f6.70fi6.96; yorker# fd.4bfi6.50.
: at tie— F#tluuitt*i| receipt# 27,000. Market
••'‘t stmmr: other# steady: quality fair:
*18506.76; cow# .SI.8S0f.aO: heifers
*. '‘ftojftf native# f5.2WI7; good prime
£».4<Vfi6.75; poor to medium $3.#)U
5 - V Stocker# ami fciiler# $4.4004.50.
, Estimated receipt# 20,0*1. Mnr-
->'/ -b*ndy; fair: native *5fr/».50;
' 'Vrn 17.2503.40; yearling# f5.W06.25;
; n '»bs *1.6008: Western *4.7607.90; goml to
ch heavy hogs f6.4O06.«.
Cotton market still unite nervous and
unsettled. Some strength developed nfter
the opening on buying by fast weekV shorts
and Liverpool demand was quickly supplied.
However, the Houtli nnd New Orleans sold
and the market Is still looking pretty toppr
to us. We look for a lower market.
W«nther man good except light shower# In
Western part of the belt.
New Orleans. Ang. 20.—Cables cannot be
•ailed favorable, a# they allow about n full
response to the decline her#*. Hat urdny. They
wn, .In, nliimt It point, il.nrh. S|«it »ilo«
of 4.000 hull’s nrt' n honrl.b nripiniMit.
Prlvnto IVIri' to ITtihltiinl Pro,.
Now York. Atilt. 20.—t.lvorpool t-orro.
sooinlcnt on hint: "Wo <ttlrl«o prompt imr-
rhnso. n. tvo limy btive rcootloil miy tlnio.
Tito otfiH’t of fnvornhle orop •coouut. nns
(H*eif fully fllsegntited. An market Is de-
pressed, we think It Is good time to buy.
Decline ha# been too rapid and Imve q fa
vorable opinion of market for Immediate
^Lnrire coverings by loenl trader# expect
lag sharp rally In I.lverpool.
There I# not the same uneasy undertone
as Inst week, nnd less dtsfre to sell
short. .. ,
Houtli selling heavily here uow.
MBehell and his broker# heavy sel
Trader# think Droadway behind tbla rn
THE WEATHER.
mediately there was an cnyrniou# prollt-
tnklng. and while the leader# r of last week ■
rise—1 nton l'actib* and Southern Pacittc—
did not go alsive their high record#, and
with #t. Paul. Pennsylvania nnd the Steel
share# ranged on u slightly lower level
for the rest of the morning. Hut their
place# In the speculation were taken by
Atchison common, which rase 6 points In
the course of the forenoon, which came
Into greater proiuUicura than It ha# In
four years, by Heading. Smelter#, Copper
nnd sugar. Raying Iti these shares went
on with the greatest enthusiasm, nnd there
were no signs of hnltiui; up to/tlie early
afternoon.
TJha flock market opened nt general nd-
Colorndo Fuel, f’nlnu Pnelfle and
ed %c and Steel preferred, Texas i
and Baltimore and Ohio up 14'\
lug up »ie. Southern Pnelfle up %c,
PaeilUf o]M*ln*d u m ini need, but f
There wn# «o dlsimtlug the fact tbla
morning that the public in in the market,
and Is lu on a large scale aggressively
on the bull aide. At the same time, large
ilvcntntfvc interests flint Were heavy buy
er# of thft leading Issues all through Inst
week threw over their stocks to fake prof-
4tn. This outside buying and apetdiratlvv
selling caused many Irregularities In the
movement#. Amalgamated wn# excited nil
throught he flr#t hour, sidling nt 1UH. while
Iran suction* were made In other parts of
the -crowd nt the same Instant at 11M4.
The supply of stock after tue first few
ml ante# was large enough to Cause n re
action. The highest price III Southern Pa
cific was nt the opening when 10.000 share#
sold between 91 Vi and 92V4- The price
then reacted to 90% and then rntlted aljore
91. Ublol Pnelfle sold off to 103V4- The
greatest advances were lu the high-priced
Issues. Arbitrage broker# Say that Isuulon
fluctuated widely, but held generally above
our prices, and large purchases of all
the International stocks, except Union rn-
elfie, xven made for London account.
Governments unchanged.
Other 1m»iii1s steady.
LONDON 8T0CK MARKET.
RANGE OF NEW YORK STOCK MARKET
XimTlguinmeu uopikt...
American Sugar Refining r.
Atlantic Const (.(lie
Anaconda *
American Locomotive
do. preferred
American Smelling Refining
do, preferred
American Cotton oil
Raffiniore and Ohio
Brooklyn Rapid .Transit
Canadian Pacific
Chicago and North western.........
Chesapeake and Ohio
Colorado Fnel hud Iron
Central feather
do, preferred
Chicago and Orest Western
Chicago. Milwaukee and St. Paul..
Delaware nnd Hudson
Distiller'* Securities
(b*m*ml Kbftric
Illinois- Central
Aim-rifuti let* Bm-iirltb*#
LouUvtlli* nnd Nashville
Mexican Central
Missouri I'nHtU*
Xittluhal Lund,....
Sew York Central......
Norfolk nml western.....
IVmtsylvniiln
People*# tins .*....
l'ressed Htee! Car f....
do. preferred
* * * * * * v * *
Heading
HepiiblU* Ste«*l
do. preferrtnl
Culted Htnte# Hubher
do, preferred
Southern 1'nclflc
Southern Hallway
do. preferred:
Hloss-Hheffield
Teniae##*#* 4'nal and Iron
Text!# nnd Ihtclflc
i’nlon Pacific
l ulled State# Steel
Vlrglnln-Chrollmt
do, preferred..
Western l.’itloti ...
Wultnxh ;
do. preferred..
Wisconsin Central
do. prgferrml
’total stock sales tm lay 2J9L4U0 iharei
RANGE OF THE COTTON MARKET
AT KEW YORK.
I
$
|
1 i
1 4 >,r l I
1
u
Aug. . . .
Sept. .. .
Det. . . .
Nov
Dee. ....
.Inn. ....
Feb
Meh. . , .
*8.'HI
Md
9,08
9.11
9.20
9.29
9.27
'£66
9.06
9.11
Mi
9.U
9.29
9.31
'£74
in
9.08
8.95
9.04
9.29
9.12
W'.m
9“
9.15
|Sl
9.29
9.22
8.75-79
8.86-98
9.74-73
9.09-11
9.14-16
9.23-24
9.27-30
9.32-33
8.74-78
8.87-SS
9.02-03
9.07-09
9.12
9.19-20
9.22*24
9.26
CIomiI ,tcmly.
AT NEW ORLEANS.
s \ S 3 LSI
.1 9.0ft
i 9.10 9.10'| K.lOj 9.10
1 9.101 S.X9 “ *“
9.««;fl 9.09
9.10 K.91
a.I7| 8.96
9.26| s!0R
9.10
STOCK-
Atchison
Canadian Pnelfle
Chle.. Mil. nnd St. Paul..
Brie .. .. ••
Illinois Central. . .. . ••
Louis ill Je and Nashville..
Reading
Pennsylvania.
Southern Pnelfle
Union Pacific
Flitted Htnte# Steel. . .
do. preferred
Prv.
Clos
2?^
tips flashed
From Wall Street
I'rlgflto Wire to tjlbert »V ClaV.
New York. Aug. 20.—Marsha II, Sunder
A Co.: Our stock market today should
develop strength In the metals, steels and
coalers. Mud then* Is
tlve nnd wider anpim
We think It would lie wise to sell part
of your stm'k*. Some big and well Inform
ed |H*oplc tell iim to la* careful.
Further bullish operations III the slock
market are tore#lindowed l»y Ihe de
* * nd If
tuent#
Sunday, and
... r . _ harmony enn
•r- maintained among the big financier#,
there seems to be no reason why a good
bull market, with due regard for the Im
mediate crop money demand*, enn uot In*
LOCAL rOBECAST.
FOR ATLANTA AND VICINITY’—Con
tinued warm tonigbt and Tuesday with oc
casional showers.
WEATHER 1nT0TT0N BELT.
Texas—Tyler, ciotuly nnd pleasant. Hous
ton. cloudv and plensnnt; hard rain yt*#-
ten Jay. Dallas, cbmdy and pleasant; rain
vesterdny nftermmn. Han Antonio and
Fort Worth, cloudy ami plensnnt; light
showers yesterday afternoon.
Mississippi—Jackson, clear and pleasant.
Hattiesburg and Meridian, clear and hot.
Alabama—Illrmliighnm nnd Montgomery,
clear and hot. hclran. clear and warm.
Mobile, clear nnd warm; ruin yesterday.
Opelika, clear and warm.
tJeorgia—Coluiubns. clear and hot. Mn-
com partly cloudy and warm. Savannah,
dear and warm. Americas, partly cloudy
and warm. Albany ami Atlntitn, clear mid
hot.
dear and
WEATHER IN WHEAT BELT;
Kxtmnv Ni.rthwMt—Gi'nemlly cloudy
nml town! ti’iuiH-nitore SI to H above;
#eatf»*red rains, M .
Northwest—Clomly; *»2 to .2 above.
West nml Southwest—Partly woody and
on tinned warmer: W to 76 aliove; general
rains In Illinois; local In Missouri and
Iowa; uow raining In Slonx t Ity
Ohio Valley—<Amorally fair; «2 to <8
above; local rnjtis.
weatheiTforecast.
IjinUlmin. Alnliama. Knut
Florida. Writ Florida and !'"»t Tru^-I/i
col rolm Sloudny ud Tudloy; I lain wintli
W !’lwircl!i—PorllT cloudy Momlny nnd Tuc.-
day, ullli rhrm’cr. lu Ihc inounlnln «ll»-
trlct,; Haht aoutb wind,.
Wcntcrn Tt-snu—Fnlr In wuith: «how,r. In
north portion Momlny nod Tnwtuy.
Artnniuin-In«’5l rnliin Monday mid Tuc,
ilny; cooler Ttlemlny.
WEATHEh CONDITIONS.
Thc/diriuwiiru ho. Irallt U|> conuldernldy
In the willlheart since Sntunlny mornlii*
nnd thlo ntornlni: the center of lilghc.t
barometer In over North fnrollnn and Mouth-
enntcra l lrylhta. ?»*>' ?r,™ l 1 er 1
of the country went of the Mloalulppl the
nrcMiiro I# low and flat. *
The tempera lor. I» hich except In the
GIBERT & CLAY
* t ALABAMA tr.
COFFEE. PROVISION®
ATLANTA OA
N^Tork Btock BxrhanftJNaw Ortetms Cotton
York Cotton KxdisnrvfNew Orleans Stock Exchange. Llv
New York Co Be. ExebaaielNew Orleaa, Hoard of -irade.|t.nl
Prlvato Wire* to all tlachanyea. ..
Local and Lena Dlitanso Tol.phon. 5298. W. n. FAGAN, Mana.eei
........ in*».|Chlrai
Orlean. fttock EweJhoj^.JtJv-n
COTTON REGION BULLETIN.
STATIONS OF
.. *uv|iie. cloudy
tlrtfflu, cloudy-
•Macon, j»t, cloudy .
Montleello. cloudy .
N'ewiiati. cloudy ....
Rome, lit. cloudy ..
Spartniifairg. clear .
Tallapoosa, pt. cloudy
'r«H*c*on, dear —
-West point, pt, cloudy.
•Minimum temperatures are for the 12-
hour period ending at 8 a.m. this date.
72
ij!
Pi
Little Reck ....
Memphis .. .. ..
Mobile
Montgomery .. ..
New Orleans ....
Oklahoma .. ..
Hnrnnunli ..
Vicksburg .. ..
Wilmington .. ..
T iadicatM Inappreciable rainfall.
REMARKS.
The temperature change# were unimpor
tant. Rain# were general w^th the excep
tion of the Montgomery and Savannah at#-
Dlat. Average*
IH
THE METAL MARKET.
By Private Leased Wire.
New York, Aug. 29.—A Arm tone continued
with trading generally confined to tin. The
higher cable# from abroad were responsible
for ;c advance lu spot oml nearby deliv
eries.
t’upper was decidedly firm. Lake rose to
18%c anil casting to !8>4r.
* * •* - —ere dull and uu*
Rocky Moiiotsln districts and on the Pa
cific coast. The Isotherm of 70 degree#
runs almost north nml south from Western
3Ilnne*>tn through Western Texas,
'Flic rains during the Inst 24 hours have
l>eeii In the form of local shower# sml
have been scattered.
The comlltlotpi are favorable “
around the adequate dividend return#, and
soie-liended critic# will Imve to take n
back Meat soon, according to our deduction#,
especially when Investors fully realise the
siriinflou presented. The ouly thing oper-
siting for conservatism is the money mar
ket. nml that the large Intrtcst* have all
the available money nml practically all the
Mtoeks. 1# a statement we liuve made
nml confirmed time nml again recently In
arguing for Improvement. Of course, we
deprecate plunging and the orcrlndulgciice
of the speculative fever, advocating rou-
H4*natlsm. but we Iwllevt* the long side
of the market tin* logical one. and would
good Mtoeka with regnrd to teebul-
niv goi#| ato
at |Misltlons.
•Iflc
Private Wire to Ware & LMsnd.
New York. Auc. 20.—Loiulou strong
responding to New York. I’nlon In
enriv 1 |M»lnt down on profit-taking. .
A big Isuid market expected with Penn-
sylvanln. Reading. Norfolk. Atchison, Rtqels
and Foptiera active features.
Pnlon Pnelfle nnd S>dhern Pnelfle likely
to Ih* frregular, but the closer they are
looke<l Into the more bullish dividend «lec-
larntlons become.
Talk In Wall street Is that Fulou Pa
cific and Southern Pnelfle will sell very
much higher, , .
Ijookn like anectilaflon going heavily
Into Atchison. Rending, Smelling, t'opper
nml Bteol# Appe ars t«. Ih* profit-taking go
ing oil in HarrfiUflN Pacifies, as far ns enn
tie Judged.
Dow-lone#’ suniiimry:.
American stm'ks In London strong, with
protlt tiiking In t nlon Pacific the only ex
ception. London market shows n general
disposition to respond to the strength !n
our stocks.
Jerome willing to rim for governor of
New Y’ork on Demoefufle ticket.
Bttortuons eurtliqunke and fire destiuetloii
nt Valparaiso, but damage to Santiago,
the capital of Chile, »e#s serious than at
first reported. .. . M .
Reiwrts of Brooklyn Rapid Transit oper-
sting companies show earning# wjflnl to
5 per rent on stock for^flie y'*ar.
net Increase S.W nml for the fiscal
rottrfeen railroad# for the second week
In August show nu average gresa Increase
of 21.28 |M*r relit.
C.inadlnn I’sclfic earnings for the second
week In August iiien*n#**d 1382.000
Twelve Industrials advanced 1.02 per
^Twenty active railroad# advanced 1.78 per
cent. .
THE SUGAR MARKET.
By private Leased Wire.
New Yt»rk. Aug. I^kuiI refined and
rnw sugar unehang»#l. Lmdau lH»et mar.
ket firmer; August 9s Slid; Bepteaifter 9#
MW.
WARE & LELAND'S
DAILY COTTON LETTER.
New York. Aug. 20.—There was another
sharp break III the cotton market this
morning, a break that carried both Jteeeni
ber and October under :*<• for the first
I lute this season. The l.lver|HNd market
pro veil very weak, ami while many were
Inclined to buy cotton here ay the opening
oil the theory that the decline was proceed
lug iilfcgether too rapidly, the buying wan
not able to absorb the eottou put on tin*
market uind price# began to slip away again,
operations were extensive, and the amount
of cotton wanted at 9 c for lH*ceniln*r was
not the volume that many thought would
Ih* nt that figure. After break through 9c
‘short covering and general professloimllmy-
lug for a-reaction started mi advance that
iurrlH price* buck 19 or 12 (H'luts very
quickly. On the rise, however, cotton seem-
d to bo again for sale, and while #cnti-
lent I# of coarse more conservative nt
this figure. It will require a radical change
of crop news to cause milch of uii advance.
Reports from the Henth. that Is. from the
more Important cotton producing sections,
ihow wonderful crop prospects, nml under
li**#c condition# It will be hard to flml n
bind# for wnyffiiiig more than a sharp re
liction. which I# now due lit any time. It
would not be surprising to s«h* n recovery
»f 25 or Cl |joints.
NOTES OX GRAIN
Pclnton on zTorlalons.
teuiber oaf# will probably widen the carry
ing charges.
Wheat opet
Trade small.
Hffte buying by shorts.
"it in "
pBP lu
Fair trad** Tii corn at oftening,
best Kellers. .
Armour brokers buying Reptember ribs*.
teuiber. Ban kin and Forrest buying D>
comber. Bartlett, Frazier A f’o. fair sell
era of May.
ttats firm, with Ftnllke a emu) buyer of
** JIiii Rankin hnyfug Jteccmher. Sell-
•*# In
In** mostly bv i*o*iit||iss!un !#••<
fhlengo Inter ticcan,• pash nnsine*
wheat In t'himgo Saturday was 20.099 b
ele. outside of 166,0>10 bushels Mold for ex-
|K»rt.
.Sales of corn were 175.099, fneluilln? J06.-
097 No. 2 at 1e over Hentetnlicr In store.
Sales of oat# were 110,077, Including 190,.
009 for ex|M»rf.
At the seaboard, exporter# sold 820,000
wheat, nml lu two day# C90.007 hnvu been
sold for export,
Kansas t’ltv reported O'Vt.ODO wheat sobl
for export through tit. Louis, i'ssh wbe»t
r September In #t< .
. - . _ . on snmph* table# at Hep-
tember price to %c ovei I’he charters were
made for 193.00ft corn nt 2e to Itiiffalo.
Minneapolis bail a ear of new wheat
Yesterday from fleddes. S. Dak. It wn#
full of smut, graded reje<*te«l anil sold at
%e over September.
Stacking Is practically flut.Hhcd In the
Malty of fit. rioml, Sflun.
Some of the first-class N«*. 3 oats sold
heru to n private party this morning at
y It Is wonderful how corn
d In the Inst three weeks, ami
are now certain of a good crop. The trade
I# looking for an Increase In the vlsihh*
supply of wheat of alnuit l.ftft-i.OTO busli'*f#.
There lx nil liiereose of 2497.091 bushel# lit
the northwest, which I# expected to lu*
largely offset by the Increase (n Chicago,
id other winter wheat market#.
Provision specialists figure that there I#
» Increase of 6c per 199 pounds to the
pucker #ho make# January product as com
pared with last year, packer# having 101%
' of their kilt condemned.
•b imretl hands today, all sold |
f muted to tie netfiig for Southern Ipegs,
that usually operate for Armour
rd-Kora hi says;
dvanlage of Hp*
mdePHeiiie surplus lii tilt# country
nnd buy iigalimt tt*«* conceded 2m<regM**l
need# later «if tin* world nt large Is being
llllgeiitly Nought. Hard headed *rrnln r.ien
ire mimerou# wh<» helleve tlutt the sfMg’U'
tutor will have preved ldmself unworthy of
bis calling If lie falls to buy wh'*at
lit relative icvH with the nthc
of the world.
k of corn ritunlng low n# result of
the last three week#' light rerelpt#
from consumers, but there lias as yet l
m* ox caption tinring the cron your when
declining price# failed to dry up farm*
stiles.
tint# about 4e hh'Jjor than they wen
. Mr ago. Thl#.mike# them relatively Up*
III "best grnlu on tin* list.
There was a little further s-lllnc <*f Jan
nary novislons to* outsiders, th** latter evi
dently sharing the belief of pome of Up*
snerlnllsls flint hog value# will lu* material
ly lower In the winter.
THE COFFEE MARKET.
New York. Aug. 29.—.The coffee market
opened steady nt Piwhanged price# pp De
cember. but generally 5 points, lower, I’rlees
held around the opening figures during
the morning, and at midday were still net
unchanged to 5 lower on sale# of only
lO.Oftft. The opening was considered about
right a# the foreign now# nml foreign
markets were also tpilet.—Illliert A Clay.
•enlng range and close or the New Dirk
coffee market for tlslfly was as follow#;
Duelling
SHORTS IN WHEAT
HEAVT SELLERS
Opened the Market a Sharp
Fraction Below the Pre
vious Close.
CROP REPORTS OOOD
Feeling Imprpved Later and
Closing Quotations Were
Sharply Higher.
By I’rlVnte leased WJie.
Chicago, A UR. 20.—WJieut enjoyed
ffood leactlonA from bottom prl« ea
reached nnd closed l-8c lower to 1 -^'**
l-4c higher for the day. Corn 1-8'n 1-fo
better. Oats l-Jfft'l-4c higher. Pr.i-
vlHlon# up 2 l-2f(27 l-2c.
Cnsh salef 11 load* wheat, 6 lonrla
corn And 39,000 bushel* oat*, t’nsii
sole* of wheat hert were better all
around.
The corn crop condition I* aald to be
8S against 79 in June.
The visible supply of wheat Increased
260.000 bushels, while corn decreased
877.000 and oat* decreased f 47,000 busli-
oi#.
primary wheat rprelpt* 830,000 bush
el - und t orn 078 000 bu*hel», agnln.«t
1,043 000 and 718,000 bushele*. respect
ively, u year ago.
C’lenrance# from both edaifs were
726.000 bushel* of wheat, 311,000 bush
el* or c<»rn and 8.800 bushel* of out*.
CHICAGO GRAIN MARKET.
Open. High. Low. Flose, Close.
COTTON 8EED OIL MARKET.
kness again
market
pressure
New York, Aug. 27.—We*kne*»
characterised the trading In the
for cotton seed oil, with pressor*
deliveries. September was offered freely,
due to the weakness In cotton and report#
of a better crop outlook. Tile prlu-tpal
decline, however, was In Octolier, which
Is down fully 2«* for the week. As to
the decline recently, opinions nre expressed
that sju*ctilnlur# do not wviii retuly to take
hyld, ami except to ii slight extent, Kuropc
hit# so far shown only n slight Interest.
The market nt the close was Ur up for
October, while August was under pressure,
and sold \c. lower.—Ware 6c I.eland.
Doci t fug
Range.
August 23 (fr.W
September
OetnlM»r ••
November 28%<T291
IbHcmfur 2844fiW
■Inimurv. .,2:{*;}f29
TRY A WANT AD
IN THE GEORGIAN
SOUTHERN EXCHANGE
•'Oldfcut E*tnbll»!i«l Office South.
COnOH— STOCKS—n»DS —6R1IH
Ground Floor Gould Rulldlnir. Dally
market letter and market manual
mailed on or*:'MeatDm
L. J. ANDERSON & CO
Bankers and Brokers,
"COTTOH, STOCKS, CHAIM
Correspondent’s Capital $250,000
ncrcncNCc, the nkal bank
1
May
June .,
July
August.. .. ..
September,,.,
Octolicr
Xovwnlwr
Decent I M*r., ..
t'listed steady.
Range.
..7.16-7.26
....7. .'7-7.21
..7.30 ^
,.7.37-7.40
....7.35
. ..7.49-7.69
, . .7.69
. .6.89-7.19
. .6.97-9.96
. .6.93-7.10
, ..7.99-7.19
Flow*.
7.16-7.29
7,29-7.26
7,25-7.39
7.99-7.49
7.49 7.43
7.46-7.65
6.6>)-6,53
Oma
fl.80-8.86
7.90-7.08
7.03-7.10
7.107.15
D**e....; 71
Slay....'. 77
r'oiiN-
S«*pt 47U
Itee......
May 41(5
OATRJ-
Hefll 29*6
Dec 39(5
May V,
inltK-
Sept... i7.nr»
Jan.... Ri.sft
I.AttV6>*
Kept...^'8.66
Oct... ’ 8.72‘i
Jan.... «.H»
SIDKS-
Kept... 8.97
Oel..., H.7t
Jan.... 7.17Vi
a
r«2
«Vi
a-
i i
m
8.67 Vi
«.75
7.»
8.87 V4
8.75
7.»l
0.03
I..75
7.26
S. 83
8.79
T. KVi
8.87^
s.79
7.15
NORTHWEST CAR&
lasf week and Inst year:
t-nsr
iv Meek. Y***r.
.12-7 ’247 }C
Wheat....
t.’orn.. * ..
Dot#.,.. .«
Hog#.. ..
CHICAGO CAR LOTS.
Wf- Taiattr^
26.0011
LIVERPOOL GRAIN MARKET.
Win 1 ,,* I >ji*‘ih'i| r ,f loiror: ot t:23 p.
Idw'r: rinii.il %W'..r fnwor.
rn,n*-0|irHr,l Ur lnflfor: nt 1 t p.
rli.n'il Mo liluhi-r In 1c
PRIMARY MOVEMENT.
tnnrourat of whoof omf mrir
lirol—Urr'Owti n.l.r 131.001 Uort--.
I.lROOl Im.ltrln 1(101 rnnr. Shill-
turiitn iwlnr W/Ai Im.lirli, Co.-
Kin Imih.lo loot /rnr.
C.M-n—Urrrlrilo t.Hlnr ,««,«» lm.hr!,.
n.olnot MMM Imrhrl. In.t jonr: -Mr.
3i % Compound Interest
l« the rate your money will draw if dc;otlted In the 3AVINGS
DEPARTMENT of
CENTRAL BANK AND TRUST CORPORATION
CAPITAL $500,000.00. CANDLER BLDG.
STRONG, SAFE, CONSERVATIVE
You are Invited to call and inspect our quarters and Invastlgate
our facilities to“s:rve you. A heirty welcome awaits you «t this
bank.
ASA G. CANDLER, President.
W. H. PATTERSON, Vlce pres. A. P. COLES, Cashier.
JOHN 8. OV/EN6, Vlee-Pres. WM. D. OWENS, Asst. Cashier.
LOWRY NATIONAL BANK
CAPITAL, SURPLUS AND PROFITS
OVER ONE MILLION DOLLARS
Foreign Exchange, Travelers’ Checks, Brown
Brothers’ Letters of Credit available in all parts
of the world.
immmsm'si’iias Ti3v-w..j!aryv^igLB^ijMKBBg#B8g
In rut . *»» Crt.a.i,
cottonYcrai^.^rovisionsStock^bonds,
3 «r,/l SI., hint t-iiHe,. Mitt,. «».
ftlkdlS;
for Tsrk Cstts* fstisss*. ?••'* * f Ttslt.
turn Orissa* csttss Mans*. £«<*#•
Llrrreect Csttss Aut'hlis*. Hi* Ystk Csltta Et:lusgt.
frlrsle Wlrts Is Mrs tsrk, Mtm Orient, CkUtfS, B. C C0TM8A V. Mamai
■•/I PfeMV tM. SI safari FI
SlaoBarB Pbste 138.
MADD0X-RUCKER BANKING CO.
CAPITAL $200,000.00
SURPLUS AND PROFITS .... $500,000.00
ACCOUNTS INVITED
Wo invite necounts of individuals, corporations, banks
and bankers and offer the best terms consistent with
conservative banking.
In our Bavins* Dapartm'nt w
cunt. Compounded Se