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FRIDAY, AUGUST 24. iMfc JOSEPH B. LIVELY fTHE GEORGIAN’S RECORD OF MARKETS AND FINANCE *), Ur. Lively** 25 yean* experience >f «><1111nk market* In Atlnnta and the South hns made him a ree- cgnlzeil authority In hit specialty. SESSION OPENED STEM IN TONE Initial Prices Were 3 Points Higher to 2 Points Lower. BULLS G-AVE SUPPORT Brought a Quick Response, Prices Scoring a Smart Advance Early. NEWS AND GOSSIP Of the Fleecy Staple. New York. Auk. 24.—In the cotton market the undertone was steady at 3 imlnta lower to higher. The pit element acemed to be fairly well evened up, and n little bull sup port brought a quick responup, prices ad- muring 4 to 6 points over yesterday’s close. Liverpool was due to come unchnnger this morning, but Instead llrst prices were 1 to 2 points down on futures, while spot quota tions showed a loss of 6 points, making mid dling 6.29d. The futures ut close were 4 points. Now York wits (regular at the openlug, first prices being 3 points lower to 2 points higher, but on some unfavorable crop re ports and light hull support prices soon started upward—December, after selling at 8.9o. sold up to 9.16. The advance brought out profit-taking sales on which n slump of n few points took place. Mitchell and Dick Bros, offering the market down, tfalos of the latter were thought to be for Price. At mid-day the market was dull with fluctuations covering n narrow range. Superintendent King’s In-sight figures for the week 75.324. against 91.774 Ir.st ywr. For the season to date 11,073,239, ngalust 13,634*- 621 Inst year. . t/I . . Receipt* of new cotton today at Galveston 6.750. New Orleans 18, Augusta 46, Houston 6.682 and Hnvnnnnh 30. _ . . Houston expects 6,000 to 7,000 bales against 6.418 actual last year. Weekly Interior movement for twenty- ulue towns: . . ltmuSpt* <3,424. ngnlnit 48.629 la*t jrMir «nd 27.170 111 1004. Shipment* 49,000, nmln.t 47,. 402 In.t Tear ourl *5.101 In 1904. Stock, 116,- 215. ngaloot 126,740 lust year and 62,700 In 8POT con ON M ARKET. Atlanta, quiet at 9%<\ New York, quiet at MOB. New Orlean,. quiet at 9 7-10c. I.tvernool, quiet at 6.29<l. Augusta, steady nt JHe. Savannah, quiet at Of-lOc. St. Ixinls, quiet nt W4c. Ikwtan. quiet at 9.90c. Memphis. qnlet at Mtc. IWiltlmore, nominal at 9tie. Charleston, quiet at »Hc. Mobile, dull at 9(4c. 1‘rlvnte Wire to Ware A helnml. New York, Aug. 24.—LlverjMHiI opened quiet and unchanged. At 12:15 p. ui., 1 uown and quiet but steady. Hales 4,000. "tat* 6 points down at 5.29. Futures due about unchanged. Liverpool wires: “Market affectat unfa vorably by I wars selllug. Market exhibit, very little buying .power," Action of cottoii market this morning in- dlcntes a considerable short luterest, some feel nervous. That has caused Ihlnk we may have some further rally, but without strong news we think It will be only temporary. Cotton market very steady. Local Inter ests have bought and shorts Inclined to even up for end of the week. Trade mod erate, but with a fair share of outside busl* “***• Looks its though It would work up a little higher for the present. Hhorts covered ami crowd Is disposed to even up over Saturday. Otherwise uo spe cial feature to the market. This buying may work It up some, but would sell on bulges for the preseut. tasser-GoIdiunu cotton letter follows.' The weather during the past seven days has l**e« more favorable over our entire terri tory. Our reports from southeast Missouri, n Wte river, Arkansas river, south Arkan sas and the Heleua districts are generally very good, particularly for the uplands. We hear of a few complaints about shedding and sharpshooters in the bottom lands, lint nothing at all of a serious character, and could only be expected with so much iuqIs- ture In the ground. The plant Is now In the critical period, but the consensus of opinion from our best-informed people over our entire territory is that with ouly nor mal conditions during September n good- sited crop Is at this writing practically as sured. New Orleans, Aug. 24.—Cables arc unfa vorable. They were duo about unchanged on tath American markets. The map shows n moderate amount of rnln well scattered over the cotton licit. Net stock of cotton In New Orleans 11,990, against 52,039 last year; on shipboard 8,198, It Is persistently rumored that big shorts •ring and going loug. now wires: "Weather perfect: farmers seem frantic to sell; receipts will be ex ceedingly heavy." Private Wire to Gthert & Clay. New York, Aug. 24.—Liverpool opened 1 to down; expected to be unchanged. Liverpool cables: "Affected unfavorably by tanr selling. Market exhibits very little •Hiring power." Dick Bros, ic Co. say: "Cotton la too low to permit the shorts to be comfortable should unfavorable crop news make Its ap pearance. For this reason we do not con sider It safe to Ik* abort." Carpenter, Baggett & Co. aay: "The sen timent of the local trade and floor crowd, while bearish. Is now decidedly In favor of higher prices. There Is no disposition to sell with the uncertainty of the next few weeks starlug the trader In the face." The New York Commercial says: "A large number of bullish messages* from the FOLLOWED LEAD , SET BY L Initial Prices on Stock Ex change Showed Decided Strength.. SHARP GAINS SCORED Large Part of Buying in General Lis£ Apparently Shorts Covering. By Private Leased Wire. New York. Aug. 24.—This morning’s fresh outbreak of speculation In the face of the heavy Indicated drain upon thu bank sltbm may not have lieen convincing to more cautious element on the stock ex- chnuge, but with the rank and tile who had grown restless under the discussion of the many difficulties and their restrain ing Influences, the new stsrt upward was greeted with much enthusiasm. There Was nothing nt nil in the d which could have made attractive to the outside buyer. But the s]>eculntive position had been Improved by the extensive realizing of the preceding days. The lendlpg spirits in the trading had seenfal some or their paper nrotlta and fortified for further endeavor, ft was considered that the market bad taken the enormous load of realising sales with re markable small concession In prices, and that It had thereby testified . to great breadth and underlying strength. Whether or not these detictlons were .correct^ made, they were what shaped profession al sentiment this morning, * ‘ up-bidding of the leading ■timed it brought a prompt i Following the lend set li by I/omlnu this ... itlal prices on the local stock exchange showed decided strength with gains ranging from %%2 per cent, distributed throughout the list. The fea ture of the early trading was Steel coni- which advanced Vr*. Amalgamated morning, the Initla government report I The next monthly show smallest August deterioration ever kuown." The Journal of Commerce says: "The movement of goods from the Jobbing houses nents are using I de- liverpool cotton market. Liverpool, Aug. 24, 12:15 p. »J.—Colto«, spot quiet, with prices coaler: middling uplands 5.23d; sales 4.000; American 3.400; ■peculation and export 500; receipts 1,000, American 500. . Futures opened quiet and »te a «|V (fuenlnc Previous August. . . August-sept. Sept.-Oct. . Oct.-Nov. . Nov.-Dec. .. Dec.-Jan.. .. Jnn,-Feb, v , Feb.-March. Mnrch-Aprll. April-.May. . 4.91 lange. ...5.06-5.02 .4.99-4.98 5.04 . ,4;93-4.02 4.97 ...4.91-4.90 4.96 , ..4.92-4.89 4.95 .4.92-4.90 4.96 . .4.92-4.91 4.97 4 964 S3 4.99 "vttwioti 6.00-5.01 4.90-4.97 . .4.93-4.90 6.02 4.93 TODAY'S PORT RECEIPTS. Thu MIowlDl uwTiboir, ret.tpt* nt th* nori. today, compared with th. Mm, day INTERIOR MOVEMENTS Tbo fotloqrjiiff tald, ,bowa racelpta at th* Interior towns today, compared with the ■nine day last year: AiiKiiHtit. . Memphis. . Nt. Lmils. * 'In, Iniiatl. WARE 4. LELAND’S DAILY COTTON LETTER *•« Orleans, Aug. 24.—The cotton market I « better undertone today and took on ^■advance when the majority of operators exp. , t,..| a further decline. Liverpool wns dlft.'ippointfng, bat our of ••sidy at a slight advance, "» *« during the mornlug uu... mm Wvr.- the Isest |uirt of 15 points higher thou the level Of yesterday’s closing. , Hh >rt* contributed fully on ninny buying “s-dt r* ns ,||,| the bulls. The advance seem- hjive Im*vu brought ntaut by the ef- mitp of n clique of Texas xqierstora who M\f I.,*,.n short, but who, rumor had It. wok .-in op|H>slte stand on the market and wen cemroeitcvd to flood It with reports of "image in Texas by weevil mid worm*. On L““ ••inning and for some time after they supposed to have been heavy buyers. Tbrtr i iirchsses put shorts on the run and 5?. ' .. market n strong undertone. The JJioation I* now very uncertain. August Is as the gamblers’ month, Just be- ausc the most unlooked for developments hatched In nuy twenty-four hours • J,r ge erupt have l»wii made over ;? to famine yields In August, and eonservn- "perntors hnve rant to look upon h iMHdtlou on the market In August a dangerous thing. While the prospects h" tt Inrge crop, thow prospects Sx Th, rain* hnn* c>«*«l nn.l ^ “'. r ? , ' lr “..! , ra un.lonlitwlly hlnh: U they S',, k bluh.r tllM.ter may overtake the eiop. In VT ,,S " 1 «Wt damage Is rouiplalne«t of ,n r -'as. and It Is hardly probable that rectloua from New York. The number of buyera In the market Is very large, and while many of them are retailers there are also several representatives here of the largest Jobbing houses In the West and South. Print* fur export sold more freely yesterday, and the day previous quite a large line was sold for South America and for the Hawaiian Islands." New Orleans, Ang. 2#.—Liverpool 2 down Is again lower thsu expected. Unchanged wns due. Man shews light scattered rains east of the Mississippi river, with cloudy weather on Atlantic const mid clear In gulf states. Heavy rains have fallen In Oklahoma and Arkansas, but Texas Is dry and cloudy. Market Is very quiet, with few shorts covering, causing a slight Improvement in prices. Nervous shorts are getting out. ns market hns ruled very steady all morning and hns e ven evidences ttytt an Improvement wns linlnent. The Texas short Interest hns !»een chiefly responsible for the present advance. Now moil, which advanced %c. Amalgamated Copper mid Anaconda resumed their up ward course. .Amalgamated opened %c higher and Anaconda 2Mr. In the.railroad list, the strongest features were Atchison. Louisville nml Nashville and the II111 stocks. The former two made first gains In Bending, % In Ht. PnnL and Southern Paelllc, 74 In Canadian Ta ctile nnd 74 lu Wabash preferred. The stock market developed general strength following the opening gains nnd f wlees of lending Issues moved np sharply n the first hour. Atchison was most prom inent In the railroad list, advancing 2V4 points. O. B. McDonald taught Atchison on n large scale. Anaconda made a net R ain of 474 taints. A large part of the dying In the general list wns apparently covering of shorts. London taught 50.000 shares, chiefly Southern Pacific, Brie, Copper and Steel. Governments unchanged. Other bonds firm. COTTON REGION BULLETIN. STATIONS OF ATLANTA DISTRICT. •Atlnnta, clear. . . •Chattanooga, clear. Coluuibns, clear. . . Gainesville, clear. . Greenville, cloudy. . Griffin, clear. . . , •Macon, cloudy. . . . Monticello, clear. . ; Newnan, clear. . . . Home, dear Spartanburg, dear. . Tallapoosa, clear. . . Toecoa. dear. . . . West Point, clear. . m 3- I LONDON 8TOCK MARKET. I **' I iPrvT If pmfCloilgo* JJ RANGE OF NEW YORK STOCK MARKET Amalgamated Cooper American Sugar Henning Atlantic Coast Line Anaconda American Locomotive.;..... do, preferred American Smelting Helloing do, preferred Atchison do, preferred American Cotton Oil Baltimore and Ohio Brooklyn Unpld Triiuslt Colorado. Fuel sad Iron Central Leather do, preferred Chicago nnd Great Western Chicago, Milwaukee and St. Paul...:.... Delaware and Hudson Distiller's Securities Krle do, preferred General Electric Illinois Central.. American Ice Securities Louisville and Nashville...., Mexican Central ..... Mlxnottrl Pacific...... - New York, Ontario and Wester^ National Lead Northern Pacific...... New York Central Norfolk and Western Pennsylvahla •••••..•■•*.. •• .. ............... lV*ople’s Gas Pressed Steel Car - _ do, preferred Pacific Mall Heading Republic Steel Bock Island : * do, preferred United States Rubber do, preferred,...,,,,....,............... Southern Pacific Southern Hallway „ do. preferred Sloss-Hhoffleld ; Tennessee Coni and Iron Toxns and Pacific Union Pacific Uutted States Steel do. preferred Ylrgtula-Carollna Chemical do, preferred... Western Union Wabash do, preferred..,...* Wisconsin Central do. preferred Total stock sales today 1,434,400 shares. NOTES ON GRAIN Pointer, on Provisions. Private Wire to ftlliert & t'lny. Chicago, Aug. 24.—Whrttt cable and weather northwest wet. Fi quldatlons lu September wheat Is strong Further if- RANGE OF THE COTTON MARKET AT NEW YORK. The following Is the range In cotton f« urea In New York today: Ang, . Hejjt. <or. ’. >ec. . Jan. . Feb. . . larch. . Closed steady. Atchison ,. .. Chic.. Mil. and St. raul.. Krle ... .do. preferred.:... .. .. Illinois Central Louisville nnd Nashville. . New York Central Pennsylvania Heading Southern Pacific.. «... . Union Pacific.. .. .. .. .. .. United States Steel. . . .. do, preferred, . . .. TIPS .FLASHED From Wail Street THE WEATHER. LOCAL rORECA8T. For Atlanta and Vicinity—Partly cloudy, with occasional showers tonight amt Satur day. WEATHER IN COTTON BELT. rexaa—Houston, T Antonio, clear nnd [ hot; City, clear nnd warm. urg. Meridian, Holly Springs, ■on, Xatehe* and HBAVV RAINFALLS. CRNTRAL STATION. Gainesville, Fla.. Thouuisvllle, Gn.. Oklahoma, Okla.. Atlanta Augusta Charleston. .... Galveston Little Hock Memphis Mol/ip* Montgomery. . . . New Orleans. . . . Oklahoma Savannah. .... Vicksburg. .... Wilmington. . . . Indicates Itmppreclnb Temp’ture. Max. Min. ll| I-*J .64 . .2.10 .2.00 rainfall. Inanpreclnb e REMARKS. , , The {emperntnre* were slightly lower than for the previous 24 hours In the eastern dis tricts nnd remain high over the western portion of the belt. Moderate rains have fallen In nil except the districts of Galves ton, Montgomery and New Orleans. Heavy amounts are reported nt “ ' ‘ Florida and Oklahoma. thla sort of damage will decrease as tta season grows older. On top of this, w- are nearing the time of the equinoctial atoruis. which sometimes have much to do with the slse of the crop. The greatest movement of new cotton in August was MS,** bales In 1896. We cannot hope to ranch that amount, this year, although we will undoubtedly ex ceed the next highest movement, which was 96.531 bales In August. 1912. The crop of 1836-97 gras only 8J57.9&4. Inrge movement of new cotton la August proves nothing. I 11 *• ALABAMA 1 GIBERT & CLAY STOCKS. BONOS. ATLANTA. OA. V*v York stock Excmacslifeir OrtcJo. Cotton Kxvkook. Ifklrafn Boiird of^TraJ.. . ttsss essrIs stss Ki L.n. nA_asuarw ‘“-k a ««**.jst•• **“ “* •“ Ilka, clear and hot; Montgomery, dpar and very hot; Mobile, clear and hot, tome rain yesterday aftermmn. Georgia—Columbus. con and Anierirus, clear nnd plensnut, hard rnln yesterday afternoon; Albauy; partly cloudy and plensnut, rained laat night; At* lanta, tartly cloudy and warm. WEATHER hTwHEAT BELT. Extreme Northwest—Partly cloudy, 40 to 66 ntave. * Northwest—Cloudy, 64 to 64 above; gen eral rains. West nnd Hmithwest—Partly cloudy, 64 to 74 atave; general rains lu Kansas and Iowa, local rains lu Missouri, Nebraska and till ° Olilo Valley—Partly cloudy, 72 to 74 above. WEATHER~FORECA8T. ; roolei light to fresh- souths shifting to southwest, winds. Gporgtn—Hhowew Frida/ and Satunla/; cooler Hntiirdny; light to treah south winds. East and West Florida—Local rains Fri day and Mnturday; fresh south winds. West Texas—Local rains nnd cooler Fri day; Saturday fair. Arkansas- -showers nnd cooler fcriday; Saturday fair. Illinois—Luca! shower* tonight nnd Batur- dn/; cooler tonight. India nn—Occasional showers tonight and Saturday. . . A Wisconsin—Partly cloudy tonight and Bat* Unlay; showers tonight in extreme north. Minnesota—Partly cloudy tonight and Hat- urday: showers tonight, northeast; warmer Hsturday. west. Iowa—Partly cloudy tonight; showers, southeast; cooler In central and southeast; Saturday partly cloudy. . , , Missouri-Shower* tonight, except fair lu northeast; cooler In uorthenst; Saturday partly cloudy. WEATHER CONDITIONS. The weather t* cloudy In the ooutheaat ami along the east slope «f Hw KnclK while at most other points there Is tut tit tle cloudiness. Shower* have occurred In the upper Mississippi valley. In tartborn Texas. Arkansas. Mississippi, Georgia, the Usrollnas, Florida and along the northern tier of states from New England wwtwn-P to the Dakotas. The following points ^n Georgia report over an Inch of rsln In the last 24 hours: Thomnsvllle 2.10, Albany J.24, nnd (Vdnmbtis 1.39 Inches. Tin* area of high pressure that wns cen tered over Montana yeaterday morning has moved eastward nnd l* now over the Great takes snd New England. Its advance l|s caused cooler weather In that section. Cbl-r the rest of the country the pressure Is low The conditions fsvor partly cloudy weatb* perhaps',’ Union Pacific. Lbtuldstloii since Moudny hns Iweu heavy, though without Impairment to the market s tone, nnd while the situation to some exteut depends on the action of the stocka limned otajra, there Is In any event very little promise of a further decline. „ Exi>cct advances In Steel common, Cop- t *r, Anaconda aud Union. Strong mar- et. <- ^ Inforuintlon continues biilllab on Copper, which will meet offerings around 11L It is supported around 108. Professionals are trying to break the Bt. Paul 190 support, but, If maintained, a good rally Is looked for; otherwise, n drop Is due, according to our calculations. New York, Aug. 24.—The New York Fi nancial Bnreau ssya: The iMdh/ of ape- rialty Improvement seems likely to con- tlnue. We advocate the observance of*a AT NEW ORLEANS. Dec. . . Jan. . . Feb. . . March. . Closed ateady. i.10-11 0.14-17 9.21-22 4 8.95 9.01-02 9.06-07 9.12-13 Bom# damage to apring wheat In the DOTthwest reported from heat and blight. New record for stock exchange sents established at $X,000 All Indications point to a bum per cot ton crop. Amerlran locomotive Is now doing rec ord business, nud the annual report forth coming will show large earnings. Serious shortage In Russian wheat crop. Revolutionary movement In Cohn check* and sell December at .... . of ntaiit «c. Minneapolis wheat Is lc our He)>tember, which will prevent any new pressure on our market. Ibdlev wheat la working Into stronger |Misltlon. Uorn strong In nil positlotiN. Bent m tlmrltles clnlni the Kansas crop la already cut down 16 per **t»L hud southern Xebrss- nn e<jn«I jwreentage. Oats must bo close to tattom. Private Wire to Ware A I.elnnd. Chicago. Aug. 24.—Wheat seeius to lie In a g«M>d scalping position nt present. The market Is evenly balanced, aud reacts sally from nil breaks. Buy It In. n con servative way. Argentina visible supply In chief porta: Wheat 1.328,000, against 3.382.00.) last yenr. C«irn. 3,436,»J00, against 4.869.000 last year, tints opmied steady. Bartlett, Frasier A nrrlngton Set!Ink" few. «eptemt»cr now easier on local selllug nntl lack of outside import t»<» not get very much -encouragement from the lM-ars. who art* short. They make but Rttle effort to cove/. The Chicago Inter-Ocean: Hales of cash grain In Chicago were 150,000 bushels <»f wheat. 250,000 bushels of Corn, and 140,- 000 oats. Seaboard sales were 200,0)0 wheat and 150.000 oafs. It la Impossible to get kind of news about the northwestern wheat crop. There’ were reports of gu<sl yields from the threshers; also, numerous claims of poor ones. Hnltis over part of the north west have delayed harvesting, amt If con tinued are expected to retard the move ment of the new crop. In the face of these variegated reports, Mlneapolls re ceived 26 cars of wheat yesterday which graded No. 1 ami No. 2 northern. The N’«x 2 northern sold ut 34$c over Meptetn- her nnd the No. 2 at 2c over. Kansan City millers nnd Missouri millets were lu the Kansas City market yesterday with prlees lc higher: No. 2 97(170. and No. 2 hard nt 6Hc. There were sales Into Wednesday of 175,000 bushels. Ht. Louln rash wheat wns Mr higher at 70G'71H<‘ for No. 2 red. Despite the heavy marketing of whiter wheat sln«*e July J, Hr. Louis Inis only received 6,250,- 000 bushels or 1,799,000 bushels It*** than last year. Chicago received 14.492.000, an Increase of G.PSi.ftO bushels, anil Kansas City 11.428,030, a decrease of 429.000 bush els. At primary points, receipts aggre gate 44.620.000 bushels, an Increase of 7,- 233.000 bushels over Inst year. Export'*™ at t h *» Atlantic senltnnrd are mostly bearish on wheat. They declare that Europe' doM not follow our lend, and has only taken a few loads. Reports from around Bpencer, La., any that oata nre yielding 20025 per cent leas than laat year, ami that the farmers are stacking them. At Keiittaml, Ind., one farmer secured 47 bushel* per acre. C. E. Lewi*, of Mlucn|N)tl*. wires: "The people who nre long wheat In Winnipeg are sending out damuge reports which we do not beneve. Our Mr. Cassidy Is cov ering the north half of North Dakota this week with the Grand Forks Commer cial (lub, nnd he wires us crop is big and harvest In full blast." SOUTH OFFERING COTTON FREELY "The cotton market developed uuexpec weakness todnr. It started In Liverpool, >11 1G«20 American taints. It started In Live! Where prices fell l(tft£0 American p owing to manipulation by American bears, WHEAT OPENED FRACTION LOWER Soiling During Morning Ses sion Was Mostly by the Pit Crowd. BUYING WAS GOOD Offerings Were Easily Ab sorbed—Advices From Abroad Disappointing. By 1'rlvate Leased Wire. Chicago, Aug. 24.—Hedging sales were still popular In the wheat pit, those transac tions being mainly agnltiat the big crop Northwest. Uorn and ont* were slow. Clos- Jnjr price* showed wheat V* to off. t orn M to %c* lower, oata off *4 to. V. and pro vision* np shurply. J'ritnnry fffccat receipt* 477.000 bushels nnd corn 424.000 bushels, against 843,0)0 bushel* and 479,000 bushels resjwrtlrHr a year ago. Clearances for the day 210,600 bushels of wheat, 10,400 bushel* corn nnd 2,000 bushel* oats. CHICAGO GRAIN MARKET. nilwi;r. grain mnl iirorlalons quotation. for today follow: High. I# 9jt 44$ 29»; 32*4 44H 32% Open, WHEAT— Kept.... 7144 Dec 74% May 78T4 CORN-* Bept.... 48% Dec.... 44% May 4ft OATH- Kv.:: ?,* WiBK- m Kept.. 17.06 17.07% 17.05 Janw^ll.42% 13.45 13.35 Bept.. 8.60 8.80 8A7U Get.... 8.65 8.67% 8.65 Jan... 7.80 7.87% 7.75 8IDEB— Kept... 8.95 9.00 9.80 Get.... 1.90 8.65 8.67% Jnn 7.20 7.2% 7.17% CASH WHEAT- No 1 rnl 7SG75J1: No. I ito 71STI: No. 2 Uanl winter ilftll'.i; N>. 3 do 70«B’l. PRIMARY MOVEMENT. Tlir followlnc fleiiro. ahnw tlie primary tnoroui.nt of whont nnd corn: Wh-at—Itifrtpl. Imlay 4r7,OW liu.hd., nan In.t C12.999 Itu.hrl, ln H t year; »hlp- njent. today 363.009 bnahvls, nguln«t 477.- 000 lin.bola la.t yoar. Corn—RoMlpta tin(ty 424,000 liuihol., agalnat 479.000 Int.lirl, In.t venr; turnta tmUy 610,000 bn.li«I., aaa-.n,t 123,- 000 bu.b.U Inst year. 3 «> 3.41M 7.37$ S.37H 3.66 7.EH 3.6734 3 63 7.3214 3.36 3.62*4 7.2234 Hank, rontlnaa to loan r,.h to tbr In trrlor, Imt trrainry dapo.lt. with out of- town li.nk. will beln. Thlrtj-flvn road, for Mtrontl wrMt In An- Kn.t .bow grou Inorrnra of .10 4-10 prr Twelve Indnatrl.l. id re need .27 cent. Twenty active railroad, advanced .32 per —MU- prefer.no. for tbe Ion* aide for turn, when .t.mbtnl l«»ue« are tvenk. 3J -. I to .nil Ite ouiiun. out iieHirei .tammy with bettonnent, and will prob ably set eonaervatlvrly. Thl. nil the more point, to aiteelnltv. Improvement, whleh la not nfTeeted by high money. I»o not liny on tinl*ea. Government relief for lb. money market la aaaured by the netlon of decretory Hliaw, who Uaa a Idg tnmanry •nrplua, nml can alao refuml tbe blgb In- terrat-lieurlug Ixinda due neat year. The bank itatement will probably lie unfavora. hie tomorrow, unleaa there la nneipeetetlly arge deereaao In loan., which will enuati aotue farther raid, on atoeka. The trouble In Cnlia la regarded ’ - functory ao far aa —----- - are eoneerned, for tbe I nlted dtatea, gov ernment hna authority to Intervane when thluga become really aerioua. »e think the tendency of tbe market la to aeek grad ually n higher level, and reaction* will l» Imt temporary, for no bear market la poa- allde with the enormous fundamental of the crop, and general bulanets proaper- »T. Private Wire to Ware 4k Inland. i New York, Aug. 24.-Ia>ndon Brm UOHc hl l h w»ll posted house aaya no difficulty la anticipated In Imrrowlng money at ren amiable rates. The. big men hare provid ed for fund, well ohead. and, while re eeaalona may api>enr. there la every llkell- ‘ hat the hull rnmimlgi the Hnrrlraan Pa lures. . _ Talk Is hnlllsh on 8teel» and Coppera In well Inforinetl quartern. Imaed largely on nmgnlfleent trade conditions and dividend P tVimbl*'lnke on Atehlaon, Norfolk. Che*-' apeak.* and Ohio. Car Equipments and low- priced rails whenever weeklies, ilcvelops. There U n bull tip on; this morn ng on Colorado Fuel. Specialist Information Is to the effect that the stock I. supported around 67 very strongly. W* think a try for a flyer might tie made If a small stop Wn’laiah. east of Toledo. Including Wheel ingTmlTake Itrte, Wabash. Plttatmrg Ter- mfiial and Weat Jtlde Ilell, abow n gn n >t 11.290.000 In gro.. earning*, or nearly 23 per cent, notwithstanding heavy loaa ln •oaf haul, owing to miner* - strike April May nml June. It ehotvs tbe unbound^! |iroaperMy In the territory traversed by Its “SSr •Jones - anmmnry: American stocks In London strong WflHe ateive partly. . . _ Hlr William Van Horne aay* that rana- dlaii Patifle will build 2 mile* of road In Hill territory for one he builds In Cid- THE COFFEE MARKET. New York, Aug. 24.—The market openod steady. Imt at a partial decline of 6 points, with llqulilntlon of the near months tinning to be the speculative features, was mostly In tlir form of eyehangea, however, nnd had little effect nn the mar ket after the opening decline, which wna n poor ahottfng on tlie Kiiropean.-Ulliert & May. Opening Mange. Cloae. •A66-7.II0 7.00-7.06 March June July .. August.. .. .. Bpptetntar., ., fk’totar,. ., •. , November.. .. .. December Ctoacd sternly. ..7.00 ... .7.06-7.15 , ...7.10-7.16 ....7.25 . ..7.25-7.35 .. ..7.16 -im .. ..9.90 7.06-7.15 7.15-7.20 7.20 7.30 7.25-7.86 7.36-7.40 7.40-7.46 MM. r (.I04.M tsas L. J. ANDERSON A CO.’S DAILY COTTON LETTER New York, Aug. 24.—There waa tatter support offered t*» the cotton market tmlny by abort covering and some buying for a rally on the lew favnrfcble weather re port* from the talt. Heavy precipitation* were recorded In tatb the eastern ami western portion* of tbe talt. The market baa been In *. state of eqiilpol’* for some time now. nnd the trade, a* a whole, has however, _™ _ —__ „ do not look for anything better than - temporary - rally ^'tittle** there I* some de cided change In tbe crop outlook. SOUTHERN EXCHANGE Oldest Established Office South. COITOX—STOCKS—BONDS GRIM Ground Floor Gould Building. Dally market tetter and market manual mailed on application. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Correspondent’s Capital $250,000 RcrcacNce, the ncal bank PHONE 1417. PRUDENTIAL BLDG MONEY ON CALL. 0 fork, tfew On rant. WARE & LELANO COTTON, GRAIN, PROVISIONS, STOCKS, BONDS, B». 2 Wall St., fefers Building, Alla ef j. 6 a. wfmmsr t«w Yatk Cation tachaaga. Chicago Board at Trait. taw Orlaant Cation luhanga. Chicago Slock fachaaga. Lhtipeat Cattoa Association. Bam York Callao Euhanga. frlaata Wins la Horn York, Bow Orleans. Chicago. 9- C COTHRAN, ¥ ana Bell Phaae 12C. Standard lhaaa2 owing to manipulation liquidation nnd larec cotton from the South. offering* of now __ w ,. ra cotton were lltarnl aud the Mouth. was an Id to ta ottering new cotton freely. On the decline, short* covered nnd considera ble buying w«* *l*o noticeable for necqunt of local nnd Wall street trader*. Knot In terest* went Inlying, n g<KMl spot demand wa* reported nt the Month and Increas ing *be<ldiitg nml weevil damage were re* ported from Texas. But. In the main, the crop report* were a* favorable as ever. In fact, the Indications for n large yield. Judging from present appearances, ;nre so giMNi that few have Confluence In the long side for any material advance."—Ultart A Clay. New Orleans, Ang. 34.—The Tlmea-Demo- .•nt: "Yesterday"! cotton market was quite characteristic of current eveuta. Con sequently. a fear folk ovldenced a desire to buy the staff for the resson that even after a decline of 190 taints ami more, bear dope aione wins s/rapalhy. In proot thcr«H)f. the Ulent trsdml on Llverpool’a llloglcally low opening, while soms nnac- pounteil high teiutaratures over the cotton talt attracted little more than passing at tention. The routing of the long Interest held by once-confident reactionists proved it fruitful noire of tanrish profit, and left the ntnple short on friends and loug on enemies. Meanwhile, though many wise traders believe the specnlntlve price has scraped tattoui for the time talng, the fact that snot cotton has swung down qnlts near tna trading value of options may prove *ii %> ujifortuuste ^b^t tamon to the ] e fcw pobitx tatter off than ... treme low level."—Ware Ac GIBERT A CLA> 8 DAILY COTTON LETTER. Hum icttons lower. non or n reaction rmm .vctreniar s oc* options finally closing 4 taints higher on the previous day, while spot trans its were only 4,000 bales at 5 points LIVERPOOL GRAIN MARKET. Wheat—Opened %o higher; nt 1:39 p. m., %c higher: clnapil %r higher. Con—4)penet] nochanged; nt 1:30 r». ra., MfiUr high or; cloned higher. CHICAGO CAR LOTS. Today. Tomorrow. Wheat ?:>r «i Corn 179 K9 Oats.. .. 232 r.l Hogs 17000 12000 NORTHWEST CARS The following figure* glr« the nnrtkwsH cars today, last week snd last year: 130 Duluth. COTTON 8EED OIL MARKET. New York. Ang. 94.—The market for cot ton *eed oil wns quiet nnd a little weaker during the early itaillnga. This wna par ticularly no of the Into ddlverlc*, nud there appeared to be *nme dlwponltlon to sell for the recent advance.* gelling wns Inlludiced by tbs wcnkiic** In cotton, and New York, snd more would Th** market at the close was generally %c lower, tntli the exception of August, which r.ejgnq. opening, riontn*. . KIMM 36 . fi 3G«;&38% . 32%G3D4 *2%«t2*4 30 ft mm an wan*,* 29%$30 29KfiaO'l sdvnnccil l%c.—Wn October. . Norenitar. , Decemtar. Jnnnnry. r Jfovcthhcr nt 30. n more extensive scale, the Incentive for rhtch Is found In the receipt of numerous id vices from Texan, Indicating dnmnge hroagh the activity of boll weevil snd worms. Complaints of serious Interfereuco with picking, through the frequency of rains were generally reported, although fall creilenre was not given those sources o# Information, ns the belief prevailed that they were partly Intended to Improve mar ket price* In order to nehtevo * better ba sis for selling. Whatever the Intention may have been. It was effectual lu reducing to n minimum * ariab activity, ami serrej to create eon* ersble encouragement to mnnv who ntlll adhere to the theory that ft reliction |* .bis. However. In the absence of any well found* ed crop scare. It doe* not seem likely that market Improvements will he other thsu temporary, as general prospects for ths crop continue still most satisfactory. 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