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JOSEPH B. LIVELY
( THE GEORGIAN’S RECORD OF MARKETS AND FINANCE
Ur. Lively's 25 year*' rxpcrlooc*
>f editing markets In Atlanta and
the South bos made him a rec-
ogulxcd authority In his specialty.
-JJ
COTTON EXCITED
IT M OPENING
Initial Prices Were Lower
With Selling Orders
from All Quarters.
LIVERWOOJi WAS WEAK
Smash in That Market Pre
cipitated the Break in
American Markets.
hulls' her*. Wire anil comml.ilon houses,
an well aa Wall stmt, sold a lot ot cot
ton around the opening.
Tim Liverpool nierket went to plecee
this inoruliiK nnd New York followed ault.
Soot In Liverpool, nil Males of 5.000 Pales,
was quoted 10 points lower, while fu
tures at the cloie were 8010 polnta lower,
these declines representing 10g20 American
frolllte.
which Intluced heavy selling at the open-
'"a slight rally followed later oh cover
ing, Pitt When tble demend wea aatli0e<l.
the derllne -was renewed, to be followed
cron novra froi
a few points.
A dispatch from Beevllle, Bee county.
Texna. cays: "A heavy two ilaya' rain has
greatly retarded cotton picking and 1s do
ing considerable damage to the staple. All
gins In the county nre overcrowded nnd
running over time.”
Taylor. Tei..' wires: "What prom lies
In bo the greatest menace to the cottqn
crop hero, now ore the frequent ehowere
that hare been foiling today, and the proa-
liens are for a cimt&uanee. Many cotton
picker* are arriving, and more will come
during the week, ricking wll be on In
earnest tble week If the rate. will erase.''
Ilceelpta of new cotton continue on a
liberal scale, New OM-ane receiving 3. Oat-
rratoit 4,288—all of the day's recelpte-
'bmston 4,048, and Memphis 1.
Houston expects tomorrow 6,000 to 8,500
jalet, against 8,500 last year.
8P0T com ON MARKET.
Atlanta,
New Yor
New Orlenna, quiet a
Liverpool, nteady at 6.84d.
Savannah, quiet at
St. Louli, quiet at 10c.
NEWS AND GOSSIP
Of the Fleecy Staple.
Private Wire to albert A Clay.
New York. Aug. a—Liverpool opened
6 down on near and 4&5 down on •print
months. Was duo unchanged.
Liverpool says: "Cause of weakness
here Is some actual, some bear selling nnd
some local re selling, bought In anticipa
tion of n reactlou. The market exhibits
very little buying power.. Crop accounts fa
vorable." ‘
August SI will be first September notice
&
feel
ultimately lower prices, but In the narrow-
ness of this market wo think It Is hut good
business caution to put out small lines on
any advance until your position Is nssured,
when Increased commitments can be made
with satisfactory results, ns those figures
look to us far from the bottom, but the
top we can not name."
nick Bros, sold considerable of their cot*
ton this morniug.
As long as good weather continues, mar*
ket will decline for lack of friends, out
would much rather buy It than sell It, on
the theory that we can not always have
good weather.
Map la alternately cloudy nnd clear, and
comparatively dry, the rainfall recorded be
ing routined to the Atlantic coast, and
more especially to the state of Georgia.
The fnvorableness of the map. combined
with a weak Liverpool, will doubtless have
“ielr elfect on opening prices.
New Orleans, Aug. 23.—Liverpool at 5
down Is very rotten. An unchanged mar
ket was due.
The market looks very weak, despite the
.Dnslderable shrinkage of values on the
opening, and the only support comes from
shorts covering. Bear aggressiveness Is
lacking, otherwise lower prices would prob-
shly bo In order.
The western forecast Is for generally fair
tonight aud tomorrow for Louisiana. For
the nnlanee, partly cloudy weather, with
probable showers and cooler weather tonight
and Friday.
i to Ware & Lelsnd.
opened
ton" sold "out Urge bfiwks yesterday. We
still think market will go lower, nnd ad
vise sales. Do not look for much of s
Market opened heavy nnd demoralized.
Every one wanted to aell cotton. Practi
cally no buying power. New Orleans nnd
Liverpool heavy sellers here. Market la
certaiuly not strong, and think It bound
for lowefr prices. Advise sales.
New Orleans. Aug. 23.—Cables nre sen
sationally bearish. They were due slwut
unchanged ou both. At 12:15 p. m.. they
are 6down. Official reports call the
spot business small on a decline of 10
points for Amerlcnn middling.
The weather map Indicates very little
rain over the cotton belt. Temperatures
are rather high.
THE WEATHER.
ntn, easy at 9%c.
York, quiet at WOc.
Orleans, quiet st 9%c.
LOCAL FORECAST.
Friday VflU bo unsettled, with
Heaviest Transactions
Harriman Stocks and
Steel Common.
SELLING WAS HEAVY.
Strong Inside Interests Ab
sorbed the Offerings.
London a Buyer.
’GW York, Aug. 23.—This morning's mar
ket moved under the conflicting Influences
of hardening money on the one hand and
f pMiernl feeling ou the other that the specti-
atlvo position had been considerably
strengthened by the. reaction of yesterday
and the day before. In Loudon prices for
the American list were up l>efore our open
ing % point to 1 point, and tho local market
under this encouragement started off with
a rush. Great Northern preferred repented
Its spectacular rlso of yestenluy, and In
United States Steel the Initial sales were
V_._ it
trading. Elsewhere prices
point or so, fell back again
RANGE OF NEW YORK STOCK MARKET
of the opeuing i
WEATHER IN COTTON BELT.
Boiton, quiet
Memphis, quiet ., .™..
Oalreaton. quiet at nt-
Baltimore, nominal at »%e.
Norfolk, quiet »t Mic.
Mobile, weak at 8!ic.
i.'harleaton, qnlet at SHt-
Wilmington, nominal.
LIVERPOOL COTTON MARKET.
u-lpla 7,000: American 6,700,
Future, opened eMler.
'st
August-Sept. . e ,5.05-8.03 4.W-5.00 5.08
8«ptl-oct. P MM-f? 5*2;-
Texas—Houston and Tyler clear end
I warm. Dallas partly cloud/ nnd warm.
Fort Worth pnrtly cloudy and pleasant.
Mississippi—Jackson and Natchez dear
• -mil warm. Yazoo City, Meridian and'Hat-
! ticsbtirg clear and hot. »
I Alabama—Birmingham, Mobile; Montgom-
I cry and Opelika, dear and hot. Selma
dear and very hot.
Georgia—Atlanta dear and warm, rain
last night. Columbus dear and hot.
WEATHER IfTwHEAT BELT.
isnv.-uec, • <
Dec.-Jan. . •
Jan.-Feb. . .
Feb.-March. .
Mnreh-Aprll. .
April May. . .
Closed easy.
4.99-5.00
4.99-5.00
5.00-5.01
6.02
6.034.00 4.98-4.17 L064.0I
.6.03
.4.98-4.94 4.91
,..4.98-4.94 4.91
. .4.99 5.00 4.93
,,6.00-.496 4.93
. .6.01 4.95
4.96-4.97 6.07
TODAY’S PORT RECEIPTS.
Tb. following table allow* reeelpla at tb.
orts today, compared with the asms day
ts
1906
1906
New Orleans. • . . . -
Mobil* . .
Savannah. *•••••>
t'harlMton. .«.•*•
Norfolk.
llnlthnor*. ......
S«w York.
Huston a a a
l'ort Townsend. . * . .
419
4236
all
9
303
110
4© *”
1877
4711
89
3114
39
901
«•••
482
Total.
7814
11261
INTERIOR MOVEMEN*
Tho following table shows treei,
Interior towns today, comparcu »• -*
••me day last year:
1104
1905
Houston. . a . . . a
Augusta. ......
Mrtujihls
8t. Louis
Cincinnati
4496
319
4835^
910
317
Tots!
6041
* 7021
0IBERT A CLAY’8
DAILY COTTON LETTER.
PtWne. to say the least. Very favorable
cr, 'V news was the Incentive for tho heavy
filing that lasted during the digr. nnd
thtre being no support, options cloned easy
*t a Inns of from points, wtme spot
transactions were 5,000 bales 10 points low-
, Despite the considerable loss record-
d In value* abroad, the market's open*
hiK was very quiet, tho treble evidently
nLack by the awlft development! In
UverjMYol. So merlou» attempt nt any,
nine was made to recover the decllno,
If" only Improvement noted emanating
fr-m support famished by satisfied shorts,
long ns thn weather remains fa-
W hopes existing for
• marked Improvement from the new low
g”* rets bushed, and yet there nre a
who theorize that the weather having
SP! n ■** uniformly excellent; these condf-
• 2* \ rnn not wst Indefinitely, and that
jwrrnri.g,., should be made In anticipation
unfavorable circumstance. But the
El r JVTu ' dttlnne to adhere to the boiler
each day of average weather ami
torii?’ th * Jong-** peeled crop scare, the
position becomes air the weaker
will be viewed
SJVin", Price.
1 Mill lower levels.
Extreme Northwest—Generally cloudy; 46
to 62 above.
Northwest—Cloudy; 62 to 68 above; gen
eral rains; now raining at Huron.
West and Southwest—Parti/ cloudy; 66
to 78 above; general rains in Nebraska;
heavy In Knnsns City.
Ohio Valley—Clear and continued warm;
72 to 76 above; light scattered showers.
st? hour f lft pressure of'realising sales
slackened, nnd the whole Hit presented-a
very firm appearance. At mid-day. aave for
some upbldding of*the Copper shares, the
market was quieter than It has hen nt auy
time since the Union .Pacific dividend dec
laration a week ago.
The stock market opened nt general
sharp advances, . Union I’adflc opened l%c
higher, Rt. Paul up 1 aud Amalgamated
Copper %c. - Anaconda started 4 points
higher. Great Northern preferred 8e point*.
Steel preferred and Norfolk and Weatern
preferred gained He. Steel common gain
ed hc ann Northern Pacific 3%c.
The heaviest transactions thus far were
In tho Ilarrlmnn stocks and Steel common.
One group of brokers sold fully 100.000
shares of Southern Pacific nnd Union Pa
cific. This selling, which was only a part
of the large blocks supplied, was assumed
by the room to be for strong Inside In
terests. There Is reason to believe that
of the selling came from the lead
ing members of the prominent bear party
that was active In forcing sharp declines
early in July, and that the orders were
given oat In such a way as to conceal their
real sources. Strong, Sturgis & Co. were
the heaviest buyers of Steel, taking 25,000
shares.
Other stocks, Including tho Harriman
shares, were taken persistently on scat
tered orders, bnt this scattered buying
was-large enough not only to absorb the
heavy supply noted on the decline, but to
take all the other orders on a later mate
rial advance. London bought 40,000 shares
on balance today.
Governments were unchanged.
Other bonds firm and active.
LONDON 8T0CK MARKET.
WEATHER FORECAST.
Georgia, East and West Florida—Local
Texna—Fair Thursday nnd ...
Weat Texas—Local ralna Thursday and
Friday.
Wisconsin—Showers tonight; cooler in the
south portion Friday; partly cloudy and
showers.
South Minnesota—Cloudy tonight.
Iowa—Showers and cooler tonight; Friday
partly cloudy; showers and cooler In eaat.
Missouri—Showers nnd cooler tonight; Fri
day, showers with cooler In east.
Kansas and Nebraska—Showers tonight;
cooler tomorrow.
Illinois and Indiana—Showers tonight;
cooler tomorrow.
WEATHER CONDITIONS.
The northwestern area of high barometer
has pushed southeast during the last 24
hours nnd now covers Montana, Wyoming
nnd North Dakota, central near Allies City,
Mont. The center of lowest pressure Is
over southwest Kansas. Over the eastern
half of the map the pressure ocntlnues low
nud flat. As n result of existing conditions,
the weather Is generally cloudy, with rain
rolling at Huron, 8. D., Kansaa City, Mo.,
Wilmington. X. C, and Savannah, Ga.
Ilaln has fallen orar moat of the count
"fist of tho Rocky Mountains In the last
Itoura. The following stations report ons
Inch or mere of rain In the pnst 24 hours:
Kansas City 5.92, El Paso 144. Savannah
L38^ Augusta 1.26, Eastman 3.16, Greenwood,
The ten.,
stationary
The conditions faver unsettled weather
and showers In tala soctlAn tonight nnd Frl-
J. B. MAtlBUBY.
Section Director.
L. J. ANDERSON & CO.’S
DAILY COTTON LETTER
23.—Liverpool
„ thought of lw»lng n
bull a black eye this morning, losing S®5
points during the day’s session. This
weakness In the foreign market sent priced
down 12019 points or the openlg In New
York.* Those who had bought yesterday
In the hope of getting a short rally, rush
ed In to sell, and prices ran off In a
rallied a few points on short covering ami
liecame very dull. Weather new. from
the belt .bowed no material chance, nnd
— eallmt.ee continue to run blab.
» will probably continue nerrnua for
aonie little time to come until aoiuethlng
of a dedalre character ocean on* way or
the other ita regard* the growing crop.
THE DRY GOODS MARKET.
New York. Aug. H.-A Urge Jobbing
rede wan done todny In dry goada In tho
primary market, but there wa* a lull -
the moment In domeatlca. Knit goo,!, i
for the apring <
“ *• ALABAMA (
' Jtrk'ltaek
' Vork Cotton
• Y «k ciirro
GIBERT & CLAY
• TOCKI. BOND*,
r. COTTON. CRAIN.
COFFEE. PROVISION*
ATLANTA. OA.
............IChle*go Board of Trade. '
[New Orleaaa tltm* t!«banp.|.Urerpool Cotto^A-oclatlo.
of Trade.lGalveston Cotton Exchange
Uc *' Long DIatana, ‘TtitphVntT 529L Lxd “° a FAGAN, Manana*
Anaconda
Atchison
Canadian Pacific.. .. .. ..
Chic., Mil. and St Paul....
Erie
Illinois Central.. .. ....
Idoulsvllle and Nashville.
Heading ••
Pennsylvania.. .. .
Southern Pacific
Union Pacific., ....
United States Steel.. ..
do, preferred
Amalgamated Copper
American Sugar Refilling
Atlantic Coast Line
Anaconda
American Locouiotlvo
„ do, preferred
American - Smelting Refining.
' do, preferred
Atchleou
. do, preferred.
American Cotton- OH «...
Baltimore and Ohio
Brooklyn Rapid Transit..
Canadian Pacific
Chicago aud Northwestern ;.......
Chesapeake and Ohio
Colorado Fuel and Iron
Central Leather.
do, preferred...
Chicago and Great Western.,
Chicago, Milwaukee and St. Paul
Delaware and Hudson
Distiller's Securities
do,’ prefarrod.*.V..V.Y.Y.V.V.'..Y;V.V.*.V.'.Y..!!IIIIII!
General Electrlo...
Illinois Central;
Amerlcnn Ice Securitise.
houlivllle aiul' Nashville.
Mexican Central;-. ;....
Missouri Pacific.
New York, Ontario and Westart..,
National Lead
Northern Pacific
New York Central................
Norfolk and* Western..,;.,
Pennsylvania -
People's ass, -
Pressed Steel Car
do, preferred
Pacific Mall
Reading
Republic Steel..............
Rock Island
Southern Railway
do, preferred
Sloss-Sheffleld
Tennessee Coal and Iron
Texas and Pacific
Union Pacific
United States Steel
do, preferred
Virgin In-Carolina Chemical
do, preferred
Y“ l ?"
do, preferred
Wisconsin Central
do, preferred
Total stock sales today 1,354,409 shares.
Op«itnigh|l-ow f Cl'rollilif* '
RANGE OF THE COTTON MARKET
AT NEW YORK.
AT NEW ORLEAN8.
Oct. .
Nov. ,
Dec.
Jan. .
Feb.
Ms roll
11
133
8.93-94
M6*
9.01-02
9.06-07
9.12-1S
8S«
9.10-11
9.12-13
9.18-19
9.18-19
9.21-23
9.28*39
COTTON REGION BULLETIN.
(ft*}- - - -
ugnst '
STATIONS OF
ATLANTA
DISTRICT.
clearT
•Atlanta, . .
•Chattanooga, clear. . .
Columbus, p. cloudy
Gainesville, cloudy. . . .
Greenville, cloudy. . . .
Griffin, cloud/
•Macon, cloudy. . . . .
••Montlcello, cloudy. . .
Newnan, cloudy. ....
Rome, clear. ... . .
Spartanburg, cloudy. . .
Tallapoosa, clear. . . .
Toeeon, cloudy. ....
West point, clear. . . .
temperatures
Max. Min.
"MT I h
-J
n
72
for the
Minimum
hour period ending at 8 a. m. this date.
••Received late (wire trouble!; not In
cluded In average*.
HEAVY RAINFALLS.
Greenwood, H. C ‘
Eastman. Gs
CENTRAL
STATION.
Atlanta. . • .
Augnatn. '. .
Charleston. .
i lAlvestou. . .
.Ittle Rock. .
lemphla. . .
Mobile. . . .
Montgomery. .
New Orlenna.
Oklahoma. . .
.Savannah. . .
Vicksburg. . .
Wilmington.
hi
in
IT*
Max. Mlo.
W
Dlat. Averages.
J|4
ill
w
T ladleataa InapmHabl. ralotalL
REMARKS.
Th. mailmum teniperatnrea continue
high, the n.arng* for ine Saw Orleant dla-
tr’et Wing R. I.UIIc or no rain f< ' ' '
Mempble. Mobile “ '
bom. dlntrleta. —
Greenwood, H. C„ nn.l Knatnmti, lie.
WARE & LELAND’S .
DAILY COTTON LETTER
New York, Aug. 3.—Tbe effort to booet
ami.
irpoot nimbly broke awny thla morning, ncll-
- aonw 15 AmertcaB polnta below tke low-
figure, quoted on the other elde on
ike
undoubtedly due to the selling by two or
three local operators who Itought large
quantities of cotton kern In the effort to ad
don of finding a market for
Around these advances the pressure win
Increase with the weight of the bales, aud
as 9c returns an ample profit on production
the South can be expected to keep on selling
a til a decided change la crop prospects
EC# place. Around 9r buying by spinners
it a feature and this tends to sustain the
market.
Gradually this support will lie weakened,
as the cotton Is there for sale, and as tbe
South continues to sell, prices will unques
tionably work downward. While we would
not l»ecoo»* aggressively bearish on 26 nnd
3)-point breaks below 9c. It looks very much
as though tbe downward movement bod not
ret run Its course, nnd tbe cotton sold ou
bulges will return profits.
THE COFFEE MARKET.
New Tork, Aug. 23.—In response to
stsady-European-eeblts and a private cable
from Prados, Chares A Co., saying that
the weather In Rrasll la too dry, that there
are no Ind lost Ions of the first flowering,
nnd that the trocn look exhausted, the
local markat opened at a partial advance
of 5 polnta, but there was no bull support
of consequence In the market. Business
was moderately active, but largely In the
way of switching from September to De
cember at 21 points. Now that valoriza
tion has'dropped bnck Into Ita former stnt-
tia»n» a possible rather than air active
Influence, rears of depression through tho
evening up of the September option is
again becoming n factor. It should bo re
membered, however, that the switching
from Septeatwr was heavy before the re
cent advance Id priest, and that during the
upward movement a good deal of switch
ing and outright liquidation was accom
plished, so that the September long Inter-’
eat may not be hear/ enongh to do any
damage. Meanwhile, however, the primary
R aws seems to be discouraging the recent
nyera.—Ware A Lvland.
November. . . . ,
Following” waiir the "opening rang and ’
tSTy®' YortI m “*' t ,or clXS'itaidr’
COTTON SEEP OIL MARKET.
New York, Aa,. 3.—Th* market for cqt
Ion a**d oil waa .Iron* ami eaally Wd up
with rather moderntd buying, price, being
5(4* up on near month, and Ic up
October from tho recent low point. Bid
ding wna active, and there wna very little
oil to bo hod on the ndvntico. Tho recent
doollno In price, waa very largely. It wna
atated, due to the liquidation of long ell.
With that oil off the market, tho price Itn
mediately hyan to Improve, and nearly
half of the loaa haa been recovered, of
fering. from Hie South are rather liberal
for dlatant delivery, but the poaltlon
the future market haa recently lieen a» __
aetlled that vary little actual hualncaa haa
developed In crude. The market at the
fiThlKIr.lW.rfTlSte. °"' h * n ' < '"
Opening. Closing.
August. . .
September.
October.
jge. Clot
January.. 7.06-7.15 8.96
February 7.10-7.15 7.00
March 7.20 7.10
April 7.25-7.30 7.15-7.20
fife*..’;.:*.:: •:»» im
July 7.40-7.45 7.36-7.40
August 6.704.75 6.654.70
September 6.754.80 6.664.70
October 6.804.90 6.70-6.75
November., f. .A 6.90-7.00 6.804.90
December 7.00-7.05 6.904.96
Closed steady.
TIPS FLASHED
From Wall Street
Private Wire to Glhert A Clay.
. New . „ York » Aug. 2x—mm.snail, Spa
der A XV».; "While this morn In* a
reviews of the market point unroletaka-
bly to heavy selling and realizing»earlier
In the week by larger speculative accounts.
It Is not yet quite clear why so serious n
loss In selling, untess the enormous pur
chases of Friday, Saturday and Monday
came from n abort Interest not uettnlly
reflected on tb* floor of tbe stock exchange.
We rather confidently expect tbe market to
•how a better tone today, and believe
Cooper, Steel common and tbe active list
Will ahoif the effect of good support'*
Extiect better mnafcet with Copper and
Steels lenders.
We look for a better market the rest
of-the week.
-Till? -I" tlipst Angint In thn hlxfnrr
mm
ot the Iron trade.
Steel common and St. Paul look fine; good
buying in both.
very bullish Information on Steel com
mon. Excellent buying of It. Chesapeake
and Ohio looks all
SOUTflERN EXCHANGE
Oldaat Ealabllahed OfTIca South.
COTTON—STOCKS—BONDS GRAIN
Ground Floor Oould Building. Dally
market latter and market manual
mailed on application.
L. J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, 6RAIN
Correspondent's Capital $250,000
RCrCRCNCE, THE nxal bank
PHONE «4rr. PRUDENTIAL BLOC
BOBBARD BROS & CO.
COTTON
'•1 MERCHANTS
At Junta Offices, 21V-J2J Century HuiMing.
Members New York Cotton Exchange, New Or
leans Cotton Exchange, Liverpool Cotton Asso
ciation, Chicago Hoard of Trade, New York < <»f-
fec Exchange, New York Produce Exchange.
Business solicited for the above exchanges.
Direct wire service. Correspondence invited.
Phones 454, Long Distance 39, A. S. Huatnce. Mgr.
NOTES ON GRAIN
Pointers, on Provisions.
Private Wire to Gibert A Clay.
Chicago. Aug. 23.—Cables lower, reflect-
t our decline yesterday. No indications
!ng
derate buslneia is being worked dally.
Our advice* indicate altogether too'much
rnln in tho Canadian northwest. At this
level of prices, do not see where tho bears
luive any encouragement for offensive tac
tics.
Advices from Kansas City from tho best
elevator Interests claim hot weather has
cut down corn prospect 20 per ceut. Bears
were active again when the market allow,
ed lack of support.
Oitta should be bought on ooft spots.
Springfield . wires: "Absolutely no old
lower on liberal selling by
houses, especially September
•vetuber lard. There Is some
, but offerings unusually free
The Record-Herald aays: "When tbe
n ernment cornea to Its Octolier revision,
elletn It will raise Its corn and oats
figures fully ns much ns It did last year,”
says W. If. Bartlett.
Tf what they tell me In Minneapolis
Walter Fitch. "The big grain meu are
certainly preparing to handle a large crop.*
" * - * twenty-five threshing* _ In
...eluding ten from tho Red
River valley, showed an average yield for
tho whole
bushels per acre.
have, been claiming damage
heat.
.. cara new wheaf In yesterday, of which
seven graded No. 1 northern, two graded
No. 1 hard and 1 waa dunum.. _ ^
Roles of cash grain In Chicago 219,000
wheat, 24,000. corn and 100,000 oata.
Private Wire to Ware A Lainn<1.
Chicago, Aug. 23.—While cables do not
reflect this Russian news, there are a num
ber of traders here who are on the anxious
sent, and If any developments In the way
of prohibition of Russian wheat, It would
cause n sharp rally. . . •
The bull support In wheat Is hardly
strong enough for the present load, aud
It look* as if the market would drag a
little lower. Wheat, corn and oats are
down to low level*, however, and should
bo bought on all dips now.
— ... . .. r *ther steady
now. nut tines uot act <*■ If It WOUld take
much wheat.
>L
__ ncta heavy.
Oats opened n shade lower. Trade rath
er light. Bartlett, Frasier A Carrington
now selling n few September nnd May;
buying scattered. ^
A larger run of hogs than expected
with prlcea 10c lower, cauaed a lower oi»e:«
lug In provisions. Commission houses s»»Y
lard nnd riba; also English houses. MoA
ernte buying by aborts. Trade ouly fair.
PRICE CURRENT CROP REPORT.
Cincinnati, Aug. IS.—The Price Current
says: "Week favorable for corn, with pre
vious promise maintained. Oata damaged In
•hock by rains. Packing 406,000, against
375,000 last year."
THE 8UGAR MARKET.
Jew York, An#. 23.—Local, refined and
raw, sugar unchanged. Ixjndou b**t mar-
J*t steady; August 9s 3%d; September
Wheat
Corn
Oat*.
Hogs
CHICAGO CAR LOT8.
Today. Tomorrow.
th'S-Hi i J
1 22000 19060
LIVERPOOL GRAIN MARKET.
WHEAT OPENED
SLIGHTLY LOWER
Pit Professionals Were tho
Best Sellers in Early
Trading.
BUYING SCATTERED
Continued Rains in tho
Northwest Not Having
Much Effect Hero.
BY Prl.ate Lea red Wire.
Chicago, Aug. 21—Grain prlcea held up
well, and this, too, on heavy selling of
wheat by Patton and Rjcroft, two of the
heaviest aud ipost successful locnl trad
ers. They sold on tb* hard spot#, sup
posedly on a cable denial of the Russian
government's Intention of prohibiting the
exports of corn and wheat. Mnnbelm. Ger
many, quoted wheat 1 mark lower ou free
Russian offering#. The fact that Minne
apolis held up well on' September wheat
Jlpmenta 375.000 bushels. Knn
sported the sale of 6,000‘ buabets No. 2
jrmter wheat to If*
c 'l!
winter wheat to Missouri millers at 69o,
Kaunas City. Cash sales hero 125,000 bush
els wheat, 125,000 bushels corn and 75,""O
bushels onto.
At the seaboard, 3 loads wheat, 5«.t»00
bushels oats, but no corn.
CHICAGO GRAIN MARKET.
nigh*
WnEAT-f*” -
s=: ¥ I I i
Bfc’jl
41%
8 5 8
1
May...,
OATS-
ifer. ,
f’oiik-'
Hopt.. 17.00
Jan... 13.40
LARD-
Sept.. 8.65
Zlz I;S H
SIDES—
Sept. 8.85
Get.... 8.82H
Jan.... 7.15
CASH WHEAT—
No. 2 re.1 71%®72%: No. 3
No. : hard winter token*;
IJ7L
-29*4
S’*
8.57%
8.65 8.57%
8.62% 8.65
7.80 7.81%
& m its ts
PRIMARY MOVEMENT.
The following figures show tbe primary
lavement of wheat and corn:
Wheat—Receipt* today 656,000 buabela,
•gainst 413.000 bushels last year; shipments
today 883,000 bushels, against 397,000 fm««h*'!s
-BroOnt. today .417,000
447,000 hwtaala —
........ today 775,000 bi
000 bushels last year.
ATLANTA NATIONAL BANK
ATLANTA, GA
O. E. CURRIER, ProaldenL A. E. THORNTON, Vloa-Prcaldant.
H. T. INMAN, Vlco-Prealdant. GEO. R. DONOVAN, Caahlor.
JAMES 8. FLOYD, Au't Caahlor.
Capital $500,000.00
Surplus and Undivided Profits $500,000.00
We Solicit Your Patronage.
H. M. Atkinson. V. P.
Joseph A. McCord, CaaMsr.
Frank Hawkins, President
Third National Bank
Capital
Surplus
Dr. A. W. Calhoun.
MIL
Job
. . . . $200,000.00.
. . . . $300,000.00.
OIRECTORSi J. H. Nonnally.
Frank Hnwllns. J Carrot! Payne.
II. M. Atkinson. E. B. Rosser.
Joseph A. McCord. David Woodward.
Y$tL 8nr Orltant.
GOTTOfOGRA:^, Provision's,*stocks^bond3,
No. 2 Will St., Fetert Baildiag. All set j. C».
mamS*
few fork Caffo fubifr. Chi ago Board sf TreU.
few Orleim Coffor lubtege. % Ckltije Stock luebuge.
*»w York Coffer Ctthjnge.
3| % Compound Interest
Is the rata your money will draw If depoalted In the SAVINGS
DEPARTMENT of
CENTRAL BANK AND TRUST) CORPORATION
CAPITAL $500,000.00. CANDLER BLDG.
STRONG, ' SAFE, CONSERVATIVE
You arc invited to call and inapect our quarter, and Investigate
our facilities to serve you. A hearty welcome await* you at thla
bank.
ABA G. CANDLER, President.
W. H. PATTERSON, Vlce-Pras. A. P. COLES, Cashier.
jlOHN 8. OWENS, Vlce Pret. WM. D. OWEN8, Aaat. Cashier.
IVM. I* I'EEL, PrraMeot
BOBT. r. MADDOX. Vlc. Pr.a
THUS. J. PEKPLES, Ca.hl.r,
JAB. a. LESTER. A,»'t Cnahl.r.
MADD0X-RUCKER BANKING CO.
CAPITAL $200,000.00
SURPLUS AND PROFITS . . . . $500,000.00
ACCOUNTS INVITED
Wo Invite accounts of individuals, corporations, banks
and bankers and offer the best terms consistent with
conservative banking.
In our Savlnca Department we nllow Interest at the Kate of J M ner
cent. Compounded Semi-Annually.