Newspaper Page Text
■
EDITED BY
JOSEPH B.livelyI THE GEORGIAN’S RECORD OF MARKETS AND FINANCE Jj
Mr. Lively's 25 tears* exnerl* rr«
»f editin'? markets In Atfnntt un i
the B*»ufl» (ml wrtilf him it rec-
gulxfii untlmrify Id hm aju-t-i.iiry.
OPENED HIGHER!
SLUMPED LITER
NEWS AND GOSSIP
Of the Fieec.v Staple.
There Was a Better Feel
ing in Some Quarters
at tlie Start.
SELLING WAS HEAVY
I'rlmto Wirt* to UilH»rt & clay.
New York, Aiig. ?J.—I.Iyohhh>1 opened
b down. Kxplvtint 8 to fi «n»wn.
UvfriHWl mine: -Market disposc.l to
rally at the opening, infected umavornbly
by Egyptian HellliiK muer*. *
UtillM at higher price* hare liquidated
freely today, while crowd .ire tinting on
tmuie. .Market shown no mii.i|i, mu the
“holt interest in large a ml would not care
to he short of It.
LofciJ* are pounding market; no haring
power.
The Journal of Coimneice guvs;
lower price of efilton in having it Hofteniug
tendency on forward contract* Ifcglnuibg.
any, from October JJ ami going nhvul to
'■ml of the yen r. Hut for spot* I he
Tin
Forced Priee3 Off Several
Points to New Low Bee
ord for Season.
lint Home of the larger nith* are liiniing
IniMliiesH good ior domestic*. ami they are
turning their looms over to other than
rxport priHluets a* rapidly, ax export eon-
expire. The selling of Home abort
By Private Leaned Wire.
.Vcw York. Attn. iJ.—The cotton market
0|H'in*d Irregular, hut there wax evidence
of a l«etter tccilug III some quartern. That
fii# change of Ncntimeiit failed to prmluct
higher prleea after the will wan due tf
licjny Helling on oulKide account, part ot
It preH)iiuulny short stuff. That forced
the list off several point*.
•lid* of exjHirt la uric* Inin u larger sentl-
neural effect than the acti»«J Mate ot
stock* warrant* amt *oine ghrewd buyer*
making the iuo*t of any truuMietlomt
rejmrteil."
New Orionn*. Aug. 20.—Liverpool G to 8
down re*poiid* to our decline, being 7 to
point* lower.
A ulna correction ot about 40,000 Union
will he made at St. land* tn receipt* and
Thl*
eut.
Til
• usual dally new low record
In the prlee of cotton thl* morning,
majority of position* wiling below
be given
While market look* weak we do not nd-
i*o following thl* decline.
The custom lorccuxt indicate* for th
ru roll na a mid tfeorgia fair tonight and
Tuesday except Htiower* In tnoiinrain
The
Table weather advice* eontinue to
deprc**ing factor.
South whh reported to Im» a heavy
luring the morning Herndon.
{• midday, there wua a recovery on cov-
ug. but the undertone wa* only barely
-ady. with trade comparatively dull,
n the afternoon, a firm tone developed
I price* wore advauced iduirpiy to above
■ liual figure* c( Saturday.
out.
The mnrket ha* now steadied wunew
after comparatively heavy liquidation
rer Sunday long*.
I tick Uros. wi re from Sow York
may have a reaction at any Him*, tin
CPOT'COTTON MARKET.
of favorable
discounted. —-
... think It I* a good time
decline having been too rapid,
_ -ffert
.. .. count* being fully
he market I* depre**»*d
Have
fn-
New Orleans, firm nt 915-lGc.
Liverpool, dull at 5.33d.
Augtuita, quiet at Ufcc.
A Hpeelnl
Central Texa
I* the boll
coming sonic
antlelpnled.
vniiiiafi, quiet at 9 1-itJc.
Si. I^uii*, cjulet nt 10c.
" quiet at 10,10**.
Mcmphl*. quiet at fjfcc.
K.iltlmorc, nominal at 10c.
Norfolk, dull at lOr.
Mobile, quiet at Mfcc.
Wilmington, noniiinil.
LIVERPOOL COTTON MARKET.
Liverpmd, Aug. 29. 12:15 p. in.—Cotton.
hi ot dull, with price* easier: middling up
laud* 6.341: Mien 0,000; npeculathm and
export 400; receipt* 5.000; American 4*-
Houston. Tex., nays: “in
'• chief mat ter of Niouient
ill damage which I* be-
t heavier than had been
. here are also more !*oll
•‘onus than are reported 111 any other sec-
tlon of the state. Tin* lack of picker* I*
also worrying the farmer* to some extent.
In North Texes the crop ha* done only
ooderntely well during tn** week, due to
<b- continued shower*. Itoll weevil report*
rout that section are not so uuin»mn*. nor
ref so full of damage a* those from more
-oiitherly point*, lint neither I* the cron
* * *ul the possibility of
er. !h Eastern Texas
rlt and the worm are l*»th work
ing. but the crop I* doing a* well a* had
STOCK MARKET
'OPENED RICHER
Public in the Market on a
Large Scale on the
Bull Side.
RECENT BUYERS SOLD
Selling Caused a Reaction
After First Few Min
utes of Trading.
By Private Leased Wire.
New York, Aug. 29.—There v.n* no ques
tion In the mlnda of experienced jterson*
after the remaiknbte demon*!ration of. Mat-
onlay what the Fhnmeter of thl* morning**
ojtculiig on the stock exchange would In*.
It was exjMvted that I he greater part of
list would start out with ft further
excited rise, aud that huge realising sales
would npimnr a the advancing price*.
These results were realized faithfully. Al
though London qtiotatlon* did little more
limn range themselves beside the final New
York parity, the Initial gain* here In many
instance* rermlert from 1<J3 |*»lnt*. Im
mediately there was an enormous profit-
taking, nml while th« leader* of last week**
rl**—I'liluH Pacific and Southern Pacific—
did *liot go above their high records, and
with Ht. Paul. Pcniisylvanfii and the Hied
shares ranged en a slightly lower level
for the rest of the morning. But • tledr
places In the *|H*eiil«tlon were taken by
Atchison common, which row (1 imiIiiI* In
the course of the forenoon, which came
Into
Poppet
anticipated and picking In now well
started. There ha* been a* a whole a
deterioration tn every section of the state
dining the week, and eqndlHon J* mow
August.. ..
August-Hepl.
bept.-Uet. .
Met.-Nov. .
I ee!-Jaii. .*
Jan.-Feb. .
Fdi.-March..
Msreh-Apidl.
Clone.
, .5.10-5.19 5.10-5 M 5.21
.fi.lU-o.UT l.M A.0-: 5.16
....ft.M-5.Ul 4,97 4.6# 5.07
. . .5.00-1.98 4.95 5.05
. . .5.02-4.98 4. K> . 5. Oft
. .5.01-4.99 4.96 5.0ft
. ..5.01-5.09 4.97 V07
...5.02 4.98 4.99
Private Wire to Ware ft Iceland.
Now York. Aug. 29.—Liverpool opened
steady. 6 down; nt 12:15 p.m. « to 8 down
o*J easy. Male*. 4,000 *|»ot*. 7 down. At 5:38
future* were due to come about • to 9
down. , ,, , . fl
* "Market ills*
,— - . irawtol im-
favorably by Egyntlitu selling
.5.05-6.02 5.00-5.01 3.1t»
5.06-5.07 5.01-5.02 5.11
Closed barely steady.
Cot to
Aprtl-MHy.
j In New York market opened quiet
...id steady. Just nlsmt as expected cn Liv
erpool cables. Helling from lAverpool and
Mouth continues here this morning . and
market acts he-
TODAY’S PORT RECEIPTS.
The following table show* receipt* at the
»ort* todny, compared with the same day
;i*t year:
dvostou ...
oldie
'vniiiiah ...
INTERIOR MOVEMENT.
i ii«* I'MimwiiK mint.-
Interior town* today, compared wltll
s.'ine day last year:
COTTON SCORED
A SHARP DECLINE
furl
•w Orleans. Aug. 20.—The Tlmes-Dcm-
t: "The bear*, practically unonpos**!
constantly urge.l on by a professional
dntlsui. plryeil havoc with the price of
on. and at^he week * end n net decline
the *lx days trading of 62 point* on
•b. r aud He on middling *is>ts was
irded. During many day* now xpecu-
> trading has bi*en confined almost
... the shifting of the ln*nr Inter-
•*«' the only traceable long cotton Isdng
Ik'•( by the dealer In the actual stun, who
"111 want real cotton in place of hi* paper
<"ii'r;ti-f* In October. Meanwhile, the
••••■Judea! position is becoming more and
until the attitude of the
ior Hhall have undergone a radical
on the surface of the thing. s»dl-
out met* short, e'ter a decline of more
190 |m)|nt*. would seem to Involv
element of danger.for comfort.
\trend*t* In the bear camp now talk
ton with great«.*r show of alft*g«nl con-
than they prcdletel 9c
t article was selling als>ve the 10c
w»tiip weeks ago. A* a whole, the
ppeiirs to be progressing nicely
High temperature* In August have
"Dsptciiou* by their abse
nenf crop eoiidlthm rejmrt
|«*<I until Hcpteinlwr 3
consequently *
.. Ill not
shall have
III be of little value
Lefund.
THE LIVE 8TOCK MARKET.
r Private Leased Wire.
•'hleago. A )tg ' 20.—Hog*—Estlinntoil re-
today 26.90b- left over 1.81*4; estf.
■ l for tomorrow 16.009. Market 19e
quality fair: bulk 96.15^6.45; ll-ht
Mt.o w . i......... tr. T.-yfr
Pw.Zi; mlioii'tmiWAt Uenvr
‘on-.-h t5.70fi5.96: yorker* *G.4'kf»6.50.
•' Estimated receipt* 27,000. Market
V r * others stemlr; quality fair;
• : 'Ys.Vfi6.75; e»w* tl.25414.90: heifers
natives $5,25L7: goml i»rlm»
^.|Ofji.75: pisir to medlom
-t'S'ker* and feetlera 5I.4W4.60.
■ i* -Efttlinnted receipt* 29.090. Mar*
»t'*adr: mm nitty fslr; native SV*5.K0;
'■>> ret filter* I5.505/6..T5;
K *4.ftifiS: wextoin U.fsEMO; g.**t to
heavy hog* |C.4Vf/C.fA.
Imf little
for market, although, of. eoijrae. tem-
* Think It can
rotfsn market still unite nervous, end
unsettled. Home strength develope*! after
the opening on buying by last week's shorts
and f JverjHiol demand was quickly supplied.
However, the South and N»
and the market Is still looking pretty tenpy
to us. We look for a lower market.
Weather map gm»d except light showers In
resterti t»nrt of the belt.
New Orleans. Aug. 29.— ( able* cannot be
called favorable, as they show ahqjit a full
response to the decline here H'lturdny. They
were due nlMiut 9 |H»lnts down. Rtsit sale*
of 4.090 bale* arc n bearish argimiant.
Private Wire to Hubbard Bros.
New York. Aug. 20.—Liverpool eorre-
soomlent cables: “We advlxe prompt tair-
elutso, a* we limy have reaction any time.
The effect of favorable crop account* has
Ih'cii fully dlsemintwl. A* mnrket 1* de
meaned. we think It I* go« M l tbne Jo buy.
Recline has been too
vornble opinion of
l!nrie covering* by local t traders expect*
for Immedia t/»
, .. ndlug. Smelti
lid Sugar. Buying In these share* wem
n with tile greatest enthuslnxm. nml there
were no sign* of halting up to the ettljr
aftertKNiii.
The stiwk mnrket opene:| at geimrn! ad
vance*. t'olorado Fuel. I'nlon Pacific and
Louisville mid Nashville and Erie >A each
down. Southern Ibilhvay and Ht. Paul gain
ed %e and Steel preferred. Texas Pacific
and Baltimore and Ohio up *4e. Ue.nl-
Ing up %c. Houthern I'nelrte up J »e, I'tiion
Pacific o]idled unchanged, but gained
^Ther<» was no dlsoqting the fact tId*
morning that the public is In the market.
mrim***lYtdy
oii the hull side. At' the same time, large
ip. cnlfltlte Interest* Hint Were luuivy buy
ers *d the lending Issues all through last
week threw over their stock* to take prof
it*. Thl* outside buying and speculative
selling caused many irregularities In the
movement*. Amnlgamn'ed was excited nil
through* he first hour, selling at 11114. while
transaction* were iiiude In other part* of
the crowd nt tin* same Inatnut at 110V4-
The supply of *t«H*k after the first
minutes
elite was at the opening when 10.001) share*
sold between 91*4 and 92H- Thl' L»rh'»t
then reacted to 90% and then raltbsl aimve
The
v«. 1’nloi . —- — - - -
f rentest advance* 'were In the hl_ ,
xNiie*. Arbitrage lirokers say that lliondon
fiuetuntml wldefy-. but held generally above
our prices, and large purchase* of all
the Intermtlonnf stock*, except Fnlmi Pa
cific. wer • made for London neconnt.
Government* unchanged.
Other bonds ntently. ^ -
RANGE OF NEW YORK STOCK MARKET
t Tsg.Prev.
Atlantic <*«sist Line
Anaconda
American Lmuniotlve
do. |nvfcftwl
I Ope«i|High;Ia»w |CT*e;B:d
,.i ioi*4i iiira iooiii KD^j ioovii 1 -*»
MU I H7 J ,ii 146 I t.7,*i in.., I .
Aiuericr.li Cotton Oil
Haiti mote and Ohio
Brooklyn Un|dd Transit.
•! 'it
... H 13S«I 1 CJB.l )«t.i
a» i -Wvii a»i
7oNi <,'Hi vp i vpp.u .o
!p:;.«i Ji.i , ur.ii lu i :p;i
icip.ricj ia.,i i.j'it vi
119 i ll.'.i li.i.jl lls-ml H
I« | ;-»;i Ml'.i J "
11)1,1 lirp ; .| 101 | till I
i./fti 3'fti jj\i
n> .i i,., a i n-j ns*,, it
1.V I f.- W rt‘,i I
IPs'.i
HO,.
t'hlcagi and Northwestern
I’lfeUlf.’O'tJre rtlld Ohio
Colorado Fuel mid Iron
Central leather
do. prefernsl
tn | 212,ul it ii 211 j 21*1 i 2'W.J
I fc'Uii «!.( it; | in
I 59 ! W*1 m I 6.1 M i «;*
| S'lii i.i I sHi tnti
liijikl ix!'.4i l«!i 1*i.4l UO'AI liu
19 | 19.s! W I 19-41 Uhl lITip
XOTKS OX GK.ll>
IVpp.Per, on r’mvl.lon*
1-rlvalp V
» lilcago,
wheat cables, l.isik lor
Liquidation of Kepten»lter
teniiMM* ii.it* will probably
Wheat opens
Trade sumII. Hume
buying by sir
•nk
eller
Wheat not petlng
ell. but a great inup
urn aliout thl* p- Ice,
It OiM-tdllg, W'.tll long!
Ur broker* buying Heptemla^r rllo
ark-t sleadv.
Pringle tniying May on In an I s dllng H. .
tember. Itenkin and Forrest hnylii r t»•*
cemlier. Bart lei t. Frazier *V Co. fair sell
ers of Mav.
firm, with I’PilIke a o
Erie
do, preferred..
Ilenernl Eleefiic
Illinois Central
American lee Kecimtb**
Louisville aid Nashville
Mexicali C'etitrrtf
Missouri Pacific
New Yoik. Ontario and Welle
National Isttri ......
7t
Li.j, Lfui r,i 11vi-.fi huv*
1.9,41 1.4k! l.'Pttil liP ( ,l l.’l
iU ! id.ai 76.isl 75 /t | 74
Northern Paelfie.
Norfolk i .
Pennsylvania ,
VoplrT
Itemllng
Itejmbllc Hteel
UtH*k Island
a ref erred.....
Houthern Pacific ...
Houthern Hallway
do, pre/em*L
Hloss-Kheltield
Teniie*M« > e Coal and Iron
Texas and Pacific
I'nlon Pa
. 151 I 14. | 141 ..... .
2l%» 22 | i\%t tl%\ 21*1 21 .
974x1 BOVil 9i ) 9U*| 9»'Al 97,
U.st 49;,| i.4%| 49 | 49«| 13%
*2 ( xj/xi M(l( xlVii bint si iai
210^1 2l4*U 210 | 2124i 2.2;*,
•115 | HO I 144%t 1U*AI HJ‘,| 111 ,
91 j 94«,» 9.H>1 ttrtu 9.1'XI 93;.
lift'll 14fi'/ 4 i lt4(%| 144* •" 144v*i 144 «
91 | 91 I *J> | tl«) | 9J | 91 Vk
Ui'li toMi 51',4, Ol’ll 54!II id-, 1 *
v.t | Hi | w i Ft { its t us
41',41 12 I 4»Hl •! **! 4T.il 41
It Hi, 144%I IJSyXi U t | H2-AI m
«yt\ n;;» : 29->, j-cn it • -■
‘im 2-j*- ■' ■ i
'w'iii uo,
m
WV4j 51
‘:Vi’ I jiU
45
I’ldted Htates Bt«d ...
do. preferred
Virginia-CarolIna “
We*terti t’lihm
WttUcnh
do. preferrisL,
W'scimsln Central
do. ]»referred...
otai stoi h sale*
stay 2.894.10* shares
P I
STftl M-:
*P\ 91W
3<U MS
m s«i -gi'
Si I
1(0 ! 99
M | N
M| 1UTJ1
!t'4
iSK
fO.tj
109'4 PH'/X
91 | 92
2PAJ 20^
H IR
RANGE OF THE COTTON MARKET
AT NEW YORK.
1'lie lollipprlds I. tin- i-niPBii Iip rotippu U
lum In New Verk iippIpi,.:
£9
’.! S'iiii j.S! s!«s| \S|
Jan. .
Eel*.
Meh.
, . 9.2.)| 9.21 9.04 9.21! 9.2.1-21
. 9.2 * 9.29 9.2**| t*.2»i 9.2»-:’.0 9.22-24
. 9.27 9.31 9.12 9.22 9.3 1 !..' -
teJdy!
AT NEW ORLEAN8*
i 9.60-56; 9.7J-76
*.inj ».l(»i 9.P*i 9.1'l| 9.12-141 9.1214
9.'*V| 9.1il| S.K9 9.1'*| 9.10-11 9.(
anil. .... .».i,a.Hi s.is,| -.i.iieiii a.i.i-i*
Feb | |..;..| | 9.21-23 9.1M-2D
Mch. . . . I 9.21 j 9.2»:| H.Oilj 5f.25; 9.26-27J 9.2.3-21
Closed steady.
LONDON 8T0CA MARKET.
12 pnifClos'Clos
! WllA 1 1(1,1 V I or.
Canadian IV
Chle.. Mil. i
Erie..
00% I 96
7014 1»7*-i
m
43%
TIPS PfiASCIED
From Wall Street.
A* -Co. :
•ofilei*
public
Pennsylvania
Hoiltberii Pm
Piibm Pacific
Fulled Htates Htee
do. prefi»rretL, .
;.||»>'K|4ngi
UPC';
OOTTON REGION BULLETIN.
Ins KhniT roily In Uvwimnl.
There Is not the same uneasy underfoiu
a* Inst week, and leas «lesln* to sell
short,
Motifh selling heavily here now.
Mitchell and his brokw* heavy wd er*.
Trader* think Broadway behind this raid.
THE WEATHER.
LOCAL FORECAST.
FOB ATLANTA AND VICINJTV-Coi
tinned warm tonight ami Tuesday with u
niHioual shower*.
WEATHER IN COTTON BELT.
Texas—Tyler, enuuly and pleasant. Hous
ton. cloudy amt pleasaut; hard rain
terdny. Dallas, cloudy and pleasant; rain
sterdav nfttViMMin. Hall Antonio and
Fort Worth, cloudy and pleasant; light
shower* yesterday afternoon,
Mississippi— Jnekson. clear and jdenxnnt.
Hattiesburg aud Meridian, clear ntnl hot.
Alabama—Birmingham and Montgomery,
clear and hot. Helma, clear and warm.
Mobile, clear anil warm: rain yesterday.
Opelika, clear and warm.
Ocorgln—Colnmfmx. clear and hot. Ma
ui. partly cloudy nml warm. . Hnvattitah.
cloudy
mid
WEATHER IN WHEAT BELT.
Extreme Northwest—(ienernlly cloudy
nl lowest temperature HI to 68 abme;
•atlensl rains.
Northwest—cloudy: 52 to ,j almvi*.
West and Southwest—I’nrtly rlomly tnnl
eontinued warmer; 6ft to 7ft above; general
rains in Illinois; l«H*al In Missouri nud
low*; now raining In Kbnix City.
Ohio Valley—Oenerally fair; <2 to 78
above; local rains.
WEATHER FORECAST.
Ia>nlsiuna. Ale. >u ina. Mississippi. East
Florida. West Florida and Last . xas- Lo-
rnl rain* Monday and Tuesday; light smith
Nbtgla-Partlv cloudy Monday and Tue*.
lav. with shmver* hi the mountain dis
tricts: lluht south wlm’s.
Western Texas—Fair in south: shower* In
north portion Mmidav mid Tuesday.
Arkansas—lentil ruins Monday and iues-
iv; iisder Tuesday.
STATIONS OF
DI8TUICT
•Atlanta, cloudy
•ChattaniHiga. pt. cloudy
Columbus, clear
Oaliiesvllle, cloudy ....
Orem, vllle. cloudy ....
thifl}n, •lonilv
•Macon, pt. cloudy —
Mont belle, cloudy ....
Newnnii. cloudy
Home. tit. cloudy
Spartanburg. oliMT
TnllniMiosa. pt. etoudv
CI5NTBAL
hTATIUN.
Charleston ..
Hal vest oil ..
t.lftlo Iteiik
Memtihi* ..
Mobile .. .
Montgomery
Ha i aunah ..
Vicksburg ..
Wlfmltefb*
i»|st Av»rng-*
Max. Min.
~uT
. nml the
nml wider MitniHirt fr«
We think It would be wise to *c!l nnrt
of your Ht«s*k*. Home big and well Inform
ed iicoplc tell its to be careful.
Further bullish operiillon* In the *»oek
market are fori •shadowed by the develop-
uiefits over Sunday, nml If harmony can
lie maiutidiuHl among the Idg financier*,
there seems to lie no reason why u good
bull market, with due r«*gnrd for the Im
mediate crop money demands, can liot be
nj.wed for some time to come, for tltr
piddle Im* responded III the Inst few dnyi
as I* hiiM md been a rouse* I for ti
month* past, and a broad speenlatio
. ft
Justified by the adequate dividend returns
he no I t'lioti the Increasing tm precedent.*)
prosperity of the country. You enu not get
around fht ....... ....
soie-hende.l eilfles will have to take n
hack s<*it noon, according to oar deductions
'specially when Investors fully realize th*
WARS & LELAND’S
DAILY COTTON LETTER
New York. Aug. 29.—'There wa* another
sharp break In the rotten market thl*
morning, a break that carried tinth Derem
on the th"ory that tin* decline ......
lug a Beget her too rapidly, the buying tn
not able to absorb the cotton put on tl.
market and prlee* began tn nllp nway again,
the
per* tlons
eiislve
... .. .. and flic auiouuf
or cotton want-d at 9 e for D«*ceinlH*r wn*
not the vobmie that many thought tmthf
be nt that figure. After break through Is
short covering aud general prof«.*sionai buy
ing for a motion started an ndvaiiee that
rarrlel prices buck tn or 12 |n*lnts very
Jitilekly. Oii the rise, however, cotton *i*em-
e I to In* again tor Side, and wldb* ***ntl-
loeiit is of coer*.* more conservative nt
lids figure. It will require ii tadlcal change
■ * Top new* to cause much of ail Mdvuiir*.
lorfn from the South, that I*, from th*»
•e-4mts*rtant cotton pris)tiring seetb
May, Jbn Ibuiklu buying DreetuTicr. He
In** 'no**ly by (sumulsslon h“‘i*es,
I'ltHw fiCor-Oeenu: Fasti bu*fne»* (n
wh -at lu Chicago Saturday was 2LOO* luish
cl*, outside of 106,090 bq*he!n sold for ex
port.
Hale*'of corn were 175.0V*. Including 106.-
003 No. 2 nt le over Hepteuilier In store.
Male* of onts were llO.aD, Including 1H
000 for export.
At the seaboard, exporter* sold 220.090
wheat, and In two day* Goo.'KV) have been
•AM for export.
Kansas City report»*1 0*3.000 wheat sold
for export through S*. laud*. Cush wheat
is selling relatively higher than the future*.
No. 2 ted wn* plekml up bv elevator peo
ple at \*f\v over September In •tore, and
No. 2 hard sold on Mittnple tsides .it Hep-
tember price tn «ie ovei T!*e chnrte.** were
made for ia*.,000 corn at 2e to Buffalo.
‘.Minneapolis had a car of new wheat
yesterday from (lattice, 8. Dak. D was
full of Rinat, graded rejected find sold at
H‘* over Meptcmlier.
Stacking 1* pmefienlly finlslusl tn tlie
vicinity of Ht. Cloud, Minn.
Home oP th** first-class No. 3 oat* sold
here to a private party thl* morning nt
^former* say It I* wonderful how corn
ha* progressed In the last three weeks, aud
are umr certain of a good erof*. Tlie trade
Is hmkiiig lor an Increnib* lu the visible
supply of wheat of about J.f»w,0*o Imshela.
There I* an Increase of 2.lW).ftl* bushel* In
the northwest, which Is 'expected to be
largely offset by the lucrcasq lu Chicago,
and other winter wheat market*.
Provision specialist* figure that there In
nil Increase of f** per IPO |Hiitfids to the
pucker who make* January product a* com.
pared will* Inst year, puckcra having HiHi
per cent of tlielr kill condemned.
SHOUTS IK WHEAT
HEAVY -SELLERS
Opened the Mniket a Sharp
Fraction Below the Pre
vious Close.
CROP REPORTS GOOD
Feeling Improved'Later and
Closing Quotations Wero
Sharply Higher. * '
Private Wire to Hlbert & Clay.
The wheat market In ntcudyim; against
the foreign bear m*w* on some rcoort* of
oosslldc damage to spring wheat by ro
rib
Mured hand* t«*la*'. all sold I
, ••c**»d to Im* acting for Houthern Ping*.
that usually <iperatc for Armour
"•'lit thrill.
’hlengo. Amr. *0.—tliTord-Ilerald say*
•• nroner time to take ndvitofiiirc of ih<
•*"iit Imrdeitscmc surplus bi thl* countn
d buy against the conccdi*! incn
plus In
... coli»H»di
Is Inter of the **v#rld nt large Is belli
dlUfjcntl,
111 hav ...
Ids calling If m* fall*
tine* during th- orc^lc
hlmwlf unworthy of
d»b*d this
pr«**ent relit flvi
f t»’
irld.
Ituht n*cf*|nt* !
Declining nrlcc* hive
almost Invariably brooglrt * fair demand
* ritiftitiper*. but there ha* a* yet l«»on
option dqrtmr the erou year when
Stock of corn •rwhnlng low
Pe’Dsi ihrc
shipment*.
Inbig pricy* failed to dry up farinenC
sit*--
'Ht* 'll fowl *r
vonr ago. This
M~h*e •h*»n **»e'
ly lo
in tic*
iVftltoi
THE COFFEE MARKET.
New York. A»'g. 2*.—Th** co/T<*i* market
|**ncd utcadv at inii-hnnH price* on De-
•Iidier. led uea**rally ft points lower. Price*
hdd around the ojtcitlttg figorp* durltp;
tin* morning, act at midday w<
ImltfPSI to ft lower
The opening was
rigid na flic foreign tic
tucket* were also quiet.*-<ill-
ftilll
of only
nsldercd n<iotit
plug r , n;; > an 1 daw* of tip* N**v Vi
coffee market for today was a* tollow*
Oeeidfig
sltnatloii prc*f*n1cd.
mly thing oper
ating’ ror cutiMcrx'H t hnu Ut tlm motto,
kct. and that the largo Interest* h
allablc money and prnetleally all the
stis-kx, I* » statement we have matlc
nml confirmed time and again recently In
arguing for Improvement. Of coume, w»*
deprecate plunging and the ovcrhidiilgciir
of the spcculatlvi
MTvatlsiu. lint w
of the mnrket tin
fever, adviwatlng
Isdleve the long sldt
logical cue, and
..... stock* with regnrti to technl
jnl |Mi*ltbm*.
New York. A*'tf. 20.—Ixmdoii strong nml
rcsiMiiidiiig to New York. I’nlon Caclfic
carlv 1 point dowii oii profit taking.
A Idg I mini market ox nee tod with Cciin-
sylvnnla. Beading. Norfolk. Atchison. Htccls
it lid CopperH active fenfuro*.
CiiIoii IMy|tie and Hl’tliern Caclfic likely
to Im* Irregular, but <hc closer they are
looked Into the more bullish dividend dec
laration* become.
Talk In Wall street |* that 1 nloti Cn-
ctfic and Houthern Caclfic will sell very
much higher.
1.00k** tit.'* **M*-ufat|un going heavily
Into Atchliuiti. Binding. Hmcltllig. f'oppcr
ml Htcels. Appear* to Im* profit-taking g«
“ trrhnan Cn< ■*'
lug on In llurrl
* • JudBiul.
Dow-Jmics*
i far a*
T
mmnry;
American »toeh* In I.ond**i» strong, with
profit-taking in I’nlon I'nclfic the only ex
ception. London market show* a general
disposition to rcNpoud to the strength III
find .
basis for anything mere than n sharp re
r**»u n. which la now due tit any time. I
would not le* surprising to see a recovery
of 23 or ;rt pa iff/*.
COTTON SEED OIL MARKET.
New
seed oil. with pro* 1
«i»*t|vcrlcs. H.ptcmber was off*
*lue to the weakness In cot ion i
•if a better crop outlmik. Th
•leellne, however, was In 0.*t*i
I* ifown fully 2c for the w**i
the decline recently, oplub
that spe
inly
tak*
Imbl, nml except to n slight extent. E'
1»* s so far shown only a slight Interest.
Th • market at tin* ••tom* was *4*' up for
October white August wn* under pressure,
*1 said *4e lower.—Ware ft fadnmt.
Opening
llnilge. Close.
5 tmv-
H4#tftlH W44WU
tols*l'
Novemlier—
mkmvfi,
1*1 ff| titv
BURNi 29 ftjr i
::“
wn9
2S’,kf2l
... stocks.
Jcrone* willing t** run for governor of
•*w York on.Cmnwrutle ticket.
Enormous earthquake rnd fire «ha»it’nctloii
nt Valparal*' ‘ *' -
TRY A WANT AD
IN THE GEORGIAN
T indleotes inappreciable rainfall.
REMARKS.
* temjM*ra»
Bains w. „ .
of the Montgomery
general WMU til* eX*-ep-
1 Savannah ills-
... .... Intuitgc to Haiitlttgo.
the enpD.al of Chile, less scrlou* than nt
first r«*jM*rt , *d
. stock f<-_ — , ,
Balfroads rt*i»mrli»g for steel rail* to
lidsh oxtcnatoiiH Itefore mid weather set*
year 22.24
F*nirt**eu railroad* for
in August sb
of 21,28 »M*r
el for the flam I
era*;
WEATHER CONDITIONS.
Th* pressure has built tip considerably
III the southeast since Hatonlny morning
I this morning the ee«mr of highest
hi* morning the c*
„ *t.*r I* over North CnroUnn
rn Virginia. Ov
of the country ‘
... I Booth
. the greater portion
f tin* Mississippi tlie
pressure Is low and flat. *
Tie* teui|H*rnrnro l* high except
11 *• ALARAMA *T.
G1BERT & CLAY
ATOCKlp
BONOS.
COTTON. GI4AI8.
COFFEE, PROVISION*
ATLANTA. OA
THE METAL MARKET.
By Private Leaned Wire.
New York. Aug, 2D.—A firm tom* continued
tilth trading generally confined to tin. The
higher cable* from abr**t«l were r*>.«piiusiblc
>lv«»n*e In *|mi| and nearby dellv* j
Unit Pacific eamhr
week ill August I lice,I*.*
Twelve Industrial* n*I
Twenty a* tiv railroads ndvaucwl 1.78 |»er
'« for the second
1 9362.009-
vwtfiuul 1.92 |H*r
cut.
THE 8LGAR MARKET.
■lie*.
nv
id"-
Istkc
r was deeideitjy firm.
•I casting to
and *|M*lter were dull and
to
Bv !»r|v*e*t» i^awsl V’b-,*
New York. Aug. Ti.-l/i* 1 *) refine*!
sugar inedi i J * “ *
- - tamdeli ta
ke* firmer: Augnst 9* 3?pl; Ht*ptemtH*r
net.
SOUTHERN EXCHANGE
Old*11 Established Office Bouth. I
conox - stocks—mts— mm
Ground Floor Gould Building. Dally •
market !rf»c*- r.ud market ntanunl I
ma f l*d on **»•
L.J. ANDERSON & CO
Bankers and Brokers,
COTTOH, STOCKS, GRAIK
Correspadecl’s Capital $250,000
RCfCRKNCC, THE NCAL DANK
PHONE 1 AIT. PRimCNTIAL BLOC
March..
April
Mat
June....
. ..7.137.25
... .7.24-7,39
. ..7..99
f•»*»*.
7.15-7.29
L i. I
7.25-7.29
7.39- 7.40
7.40- 7.45
7.45-7.55
B5>-ft.»Vi
By Private leased \VI»e.
Chicago, Aug. JM).—Wheat enjoyed
ffoou reaction* from . bottom price*
reached and closed l-8c lower to 1-8
l-4r higher for the day. Corn l-$€Pl-4c
better. Oat* i'»8fv<l»4c* higher- -Irflil
vlKlon* up 2 l-2<ff’27 l-2c. - -
Cush nale.-i It load* wheat, S loads
corn and 60,000 bushel* oats. Cash
wale* of wheat here were better all
around. • , -j ,
The com crop condition'll said to be
8S against 79 In June.'
Tlie visible supply of wheat Increased
260.000 bushels, while corn decreased
877.000 and oats decreased 147,000 bush
el*. ' t
Primary wheat receipts 820,000 bush
els and corn 6*8,000 bushels, against
.045.000 and 718.000 bushetes, respect
ively, a year ago. .. . —.
(Tearances from both coasts were
726.000 bushels of wheat, 311,000 bush
els or corn nnd 8,800 hushela of oats.
CHICAGO GRAIN MARKET.
7W4.
flf'
H,|,t m in* , «
IP.'.' »"A 41% 44)4
Mur 4l!i 45. *«K Up
»14
HciPt... i;.»i
.mu w.ifl
I.AHDr-
Oct... *.6 4
f n ■■ *. vh
si deb
8.62’4 • 8.67H
8.67*4 8.75
7.82# 7.t#
8.68
9:1*-
- *
8.9.1
h.R2H 9.01
8.60 * I..75
ufa*
, i.gi*
NORTHWEST CARS.
Last
ToiUt fS'eek
.. ....120 249
CHICAGO CAR LOTS.
MTm.it....
Torn., .i
tilts....’ ..
IlHJJI... ..
LIVERPOOL ORAIN MARKET.
1Vhcp|t-(t|PClicpl V- Ip4*yf! nt 1:» !». "*•
IjiiiTic Inwp't: ilp'Pi") 1.«V lower.
1W||-(,C'I))»I li«' lower: «! 1;S1 !>., m.
'iW'ie 111 j: h. ■ r: eltpipe.) *,e higher Ip, 'v low*.
ni,-,.,::
Novciub**r
I h*c**uib**r.. ..
rioscil sternly.
7.95-7.10
7.107.1S
primary movement. •
following figures give the prlnu
—it cor-
sgldnVr l’imW’bushels' lit ft >rnr.
...snniit *»f wheat nnd —
Whppptl—lleeehpt, lopliir . WJ.001
I.1M.WT) To'pphel, td.t renr. HNIpp-
i.Hlpir rflS.ora iPChelK. ppgipln.t i‘«.-
MB hwHoto-lii.t )e»r. • . ..
4'orli—Itcc-lolpi tppilur 17*.«0 h».hel«,
ii gntoppt r.ro.nop fpe.hp.l. Ii.t rffr: rffte
llienl, tiul.r 4)0.00.) lonheU. ngtlllp,) K3.000
(oi.licl, hop) yenr.
3| % Compound Interest
i. the rote your money will draw if deposited In the SAVINGS
DEPARTMENT of
CENTRAL BANK AND TRUST CORPORATION
CAPITAL $500,000.00. CANDLER BLDG.
STRONG, SAFE, CONSERVATIVE .
Vou ore Invited U call and inspect our quarter, and Investlgat.
cur facilities to *«rve you. A hearty welcome await* you »t this
bank.
ASA G. CANDLER, President.
W. H. PATTERSON, Vico-Prei. A. P. COLES, Caehier.
JOHN S. OWENS, Vlee-Pre*. VVM. D. OWENS, A«t. Cashier.
CAPITAL, SURPLUS AND PROFITS
OVER ONE MILLION DOLLARS
Foreign Exchange, Travelers’ Checks. Brown
Brothers' Letters of Credit available in all parts
of the world.
faK'Ctfj. iMidimrirti.'.i' l . itt:
I'a
lloehy Mountain district* anti on th
elite cuasl. The iMitlicrni «if 7l degree
run* nhmmt north anti aouth (finu Wcutci
Minttcsuta tliriMi^h \Vcntifli Tex**.
The rain* during the l**t 24 lumr* ha
f im *
lii tii* form *if locnt shower* nnd}
•»r*d.
.. _ M C M O r: R » 1 Rnsr l nf Trod# Tile f-midithnis favorable f»r c*m
cr J°l k gfork Exeh.n»g*|N>w Orleans Cotton i itenle>! rJtton \lio-latlon i tlB«wl varn. wrotlu-r in this *••• t|,„i t might
Urk Cotton Exchange. Nr w Orleans HCrtt KxetoKf- % J2J™ o CxclSS ( »»•! Tiles »*y with --.rvl-m-f sh-.u.-rs
5ork Coffee Ex* h.u»e New Orlron* Board of Trs.lr.i ..ahrstun «.o.t*io Lx^uauga j,. maUBI UY.
*-«, end Lynn AMmJtSsM HE* n. FAGAN. M.naner.
Hcctluu Director.
cottonvkra:^, ‘FrovisIon’s.HtocksPbonds,
(«. 7 Willr.ffn i lfMI.,. Mnl,. Cl
HU IM*
If* Tsrl Ciffn («*•»!«
ktw Ortm I C$tfi> f »<*#»♦•
Ibfffss’ Csftss
Frltite Wirt* f Ufa Y$ft, Ktw Orient. Chief-
ieft Pftstr IM ,
(tififi Burl sf Trtie.
Chinee Ste-k Imhfjt.
Hew Yerk Cotire Ittkoof*.
$. C. COTHU*. Ifeneeer.
StetdsriFheatOk
MADDOX-RUCKER BANKING CO.
$200,060.00
$500,006.60
CAPITAL
SURPLUS AND PROFITS . .
ACCOUNT* INVITED
We Invite Accounts of individunisi corporations, bunks
and baukerH-nnd olTer the best terms consistent with
conservative banking.
Rate of a t-J per