The Atlanta Georgian. (Atlanta, GA.) 1906-1907, August 20, 1906, Image 11

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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