The Atlanta Georgian. (Atlanta, GA.) 1906-1907, August 27, 1906, Image 11

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V THE ATLANTA EDITED BY JOSEPH B. LIVELY (THE GEORGIAN’S RECORD OF MARKETS AND FINANCE Iff. IArcly’s 25 year•’ experience if editing mnrketa In Atlanta and the South has mads him a rec ognized authority In his specialty. CABLES BETTER TH1JXPECTED Influenced a Finn Opening in the New York Cot ton Market. BUYING GOOD EARLY There Were Realizing Sales I at Advance and a Small Decline Followed. Br Private Leased Wire. New York, Atijr. 27.—The cotton market, Influenced by letter cables than was ex ported from Llverpl»oI, opened Arm. Koom fhorts and Wall street were buyers. It was reiucl . . — —. iKod on reports of temperatures In west- ern Texas. The New York market for options opened sllghtlv higher this morning, due to bet- ter cablea than due, first prices for futures Iwlng unchanged- when a decline of 4 jMilnts was due. The sales of spot cotton were decidedly small. spinners tsklng only 3,000 at an advance of 2 points; mlddllng«5.39d. After the early ndrance. price changes covered a small range with tendency to ward a lower level, with the tone dull, but level. Price was apparently trying to Imost prices, and for the first time In three weeks he today Issued a bulletin of cron reports, all of which ore unfavorable. It was stated that every time the market broke good, he dumped October. New cotton Is showing up increasing quantities and In different sections dally, today's receipts Including 5,894 at Hous ton. 8.424 at Galveston. 161 at New Or leans and 310 at Augusta. Estimated receipts: 1936 1905. Houston 17.000 to 18.000 12.936 Galveston 13.000 to 15,000 13.091 . Friday will be the first Hcpfcntber notice lav In New York. They are not expected to be heavy, as the parties who control bulk of the low grade stock are not NEWS AND GOSSIP Of the Fleecy Staple. Private Wire to Glbert & Clav. New York, Aug.'27.—LJverjMwI opened un changed. Was due 4 lower. Price brokers are inellued to liquidate, but expect to see the nmrket do a little better. Tlie Journal of Commerce says: "There Is no recession In the strength of the mar- •^t for goods that can be delivered with 1,1 thirty or sixty days. Beyond that pe riod, buyers nre not willing to go for the moment, as they were a short lime ago, but no real pressure Is Iielng exerted on sellers, save In some few instances, where It Is desired to cover for needs Becetn her and January on the basis i>f cotton, as It Is not quoted. The absence of nccu- mulntlosn in leading Jobbers' hands at the lieglnning of the season Is a wholesome sign, viewed In gome nspects, hut It may •Iso represent a hertlthy caution, due to leial —•"*'— gj | financial conditions not affecting the mills ehnuged Is a good market. Was due 3#4 lower. The strength of that market Is doubtless due to less favorable crop re- the cotton crop been _ rains have aroused grave team. Bust, blight and Insects art* not complained of. "’he trouble lies In the more or less gen- •nl shedding of the middle crop. "The market has shown more disposition to follow' the improvement abroad, but present prices display uo strength, and It looks as If h6~rlsh tactics might soon bo resorted to." Liverpool cables: “Market nffectfed fa vorably by heavy short covering, supposed ly for Price." Beer Cowell cables; "The market feels the Indueuce of less favorable crop re ports. mid rumor of bullish Journal ol Commerce." The western forecast Indicates fair weather vV.U lower temperatures tonight lertd n southwest Texas. New iv.ii, opened iNeadj ... r . unelm»i.'?d mil steady; sales 3,000 st>ots at 5.39d, 2 up. Due to come 4 down. Liverpool cables: "Market affected fa vorabjy by nothing offering. Journal of Commerce report expected bullish." Cotton la- tlie New York market opened about ns expected on cables. The south sold considerable cotton. Look for stendy market today, and would rather sell on advances. The weather map continues good, and the bull circular Issued Saturday has fail ed to bring much new buying into the mnrkct. New Orleans, Aug. 27.—while cables nre favorable, so far as futures are concerned. are cloudy In the east ami clear In the west, with appearance of becoming set tled. The map Is considered very favora ble. In view of the fact that many local ities In no»»d of moisture have experienced good rainfall, * “ “ ... . market was steady 14 to a points higher, as com pared with final figures of Saturday. SPOT COT! ON MARKET. . Atlanta, steady at 9V4c. New York, quiet nt 10c. New Orleans, steadr llvered on contract 1L Liverpool, dull nt 6.39d. Augusta, quiet at 9He. AUKUHIH, IJUIVt nv • Savannah, steady at me. St. Louis, stendy at 9Hc. Houston, steady it 9%e. Boston, quiet at 9.90c. Galveston, steady at 9 7-16c. Baltimore, nomliuil at 9Hc. Memphis, quiet at 9\c. Wilmington, nominal. Mobile, dull at tc. Charleston, quiet at 9Hc. LIVERPOOL COTTON MARKET. Liverpool, Aug. 27, 12:15 p. ra.-Cotto.„ *|w»t dull, with prices steady; middling uplands B.S9d; sties 3,000; American 2.500; (•peculation and export 300; receipts 2,000; American 1,700. Futures opened steady. August. . • . August-Sept. . . Kept. Oct.. .. Oct.-Nov. . .. Nov.-Dec. . . . I tor,-Jan. . . •Inn.-Feb. . . . Feb.-March. . . Mareh-Aprll. . . Aprll-May. . . Closed quiet. I’revIons Uhnce. Close. Close. ,.5.10-6.1! 5.18 5.13 . .5.04-5.08 6.11 6.06 ....4.97-6.01 5.03 5.01 , .4.96-5.00 5.00 5.00 . -.4.96-5.00 5.00-5.01 5.00 .4.97 5.01-5.02 6.01 ...4.98-5.02 6.02-6.03 5.02 . .5.00 5.04-5.05 3.04 . .5.02-5.05 6.06-5.07 5.06 , .5.03^.06 5.08 5.07 TODAYS PORT RECEIPT8. The following table shows receipts at ths ports today, compared with ths same day Ust year: INTERIOR MOVEMENT. The following table shows receipt* at ths interior towns today, compared with the fcitue day last year THE COFFEE MARKET. bullish nlr and Indicate manipulation. The market Is very steady, nut the bulls nre not aggressive, and are not trying to boost prices. THE WEATHER. LOCAL FORECA8T. For Atlanta and Vicinity—Fair and cooler tonight and Tuesday, WEATHER IN COTTON BELT. Texts—Dallas, clear and chilly: Houston, cloudy and cool; Tyler, clear mid pleasant; Fort worth, clear and cod. Texas Rainfall—Dallas. .03; Fort Worth, .06: Galveston, trace; Waco, trace; Hunts ville, .40; Longview. .02; Bhermnn, .20; Tay lor, trace; Wnxnhntchle, .3<j Weatherford, .16: Wharton, trace. Mississippi—Meridian, cloudy and drlz- sllng; Natchez, partly cloudy and cool; Ya- soo City, cloudy and very cool, hard rain yesterday afternoon; Jackson, cloudy and cool, drizzling, rain yesterday afternoon ami last night; Tupelo, domly and very cool; New Albany, raining and very cool; Aber deen, cloudy and pleasant; Amory, cloudy and cool. Alabama—Birmingham, cloudy and drlz- sling, rained all ycstcnlnr afternoon; Mo bile, clear and hot. rained yesterday after noon and last night; Montgomery, clenr and warm, light showers yesterday afternoon; He!mn and Opelika, clear and warm; Hunts ville, partly cloudy and cool; Troy, clear and warm. Georgia—Albany, clear and hot: Amerlcus, dear and pleasant; Savannah and Americas, clear and warm; Atlnntn, cloudy and warm. WEATHER IN WHEAT BELT. F.xtreiue Northwest—Partly cloudy, 42 to 52 above. Northwest—Generally clear and cooler; 44 t 52 above. . . West and Bouthwest-Clenr and lower tempera!urea, 46 to 62 nl»ove; general rains In Illinois; local rains In Missouri. Ohio Valley—Generally cloudy, 64 to 68 above; general rains; temperature nt Os ceola, Iowa, 40 degrees last ulgbt; 43 at Des Moines. OF ENGL TOOK BULK OF GOLD Was Regarded- as Disap pointing News by Stock Traders. CAUSED A REACTION Decline Brought Heavy Buying Orders—Resulted in General Recovery. By Private Leased Wire. . New York, Aug. 27.—Following the usual experience of a market In a time of active speculation, the week’s opening on the stock exchange found a large necu mutation of outside buying orders and equally heavy orders to sell from profes sional speculators, who are looking for this opportunity to realise profits. The early trading accordingly displayed nn ex treme Irregularity, In the course of which 8t. Paul. Atchison und n few other stocks made new high records, which the Pacifies, Heading, ths Steels mid other previous favorites of the specula Mon went sha-nly down. From then on 'a uvJdny, the mar ket fluctuated back and <mlh. There vre occasional periods of dwdFed strength «.i c—rtaln Industrials, but »ho greater part of the list showed the desire to sell was In the ascendant, nnd that It was keen enough for those having stocks to dis pose of to offer them-nt concessions. Ills- for shipment to tills country. The stock market opened Irregular, but most stocks showing advances. Chesa peake and Ohio started He higher, laoul* vllle and Nashville 44c. Heading He, Erie, Atchison and Ht. Paul %c each nnd Col orado Foci, Pennsylvania. Sugar nnd Mis souri Pacific %c. Union Pacific opened 44c lower nnd Inst 44c In all. Amalgamated Copper was %c lower at the outset, and lost 44c net. k The news of Interest to the market this morning was that which came from Lon don almut the Bank of England taking the bulk of the gold which arrived there. New York securing only $1,000,000. This was regarded ns dlsspiiolntlng. ns the hull speculative element here was confident Inst RANGE OF NEW YORK STOCK MARKET Aninlgaii ’ Open|Wgh[Lnw f Cl’rol iVhH’/>•.' I io»HI Irani 100T41 fio'.i Anaconda American I.ocomotlve . do. preferred. American Smelting {{editing.... . d«». preferred Atchison . do. preferred American Cotton Oil Baltimore and Ohio Brooklyn Rapid Transit Canadian Pacific..... Chicago nud Northwestern Chesapeake nnd Ohio * Colorado Fuel and Iron ; Central Leather do, preferred Chicago and Great Western ....... Chicago, Milwaukee and St. l^euL. Delaware and Hudson....... Distiller’s Securities .!!!!!”.. Brie do, preferred.,.*,,,. General Electric..., Illinois Centra’ American Ice Securities ........ Louisville nnd Nashville. Mexicou Central Missouri Pacific New York, Ontario nnd Western National Lead...: Northern Pacific. Serr York Centra!... Norfolk and Western reunsyivnnm ............. ..- .. IVojdo'a Gns Dressed Bteel (,’nr do, prefer red.. Pacific Mnll Reading Republic Steel ltock Island do, preferred «... I ted States Rubber do, preferred * Southern Pacific Southern Railway ........... do, preferred /»• Moss-Shefficld Tennessee Coal and Iron Texas and Pacific Union Pacific * United States Steel do, preferred Vlrgluln-Curollna Chemical ... do, preferred .....i. •' Western Union - Wnlatsh do, preferred Wisconsin Central • do, preferred.... --4. Total stock sales today 1,267,900 shares. NOTES ON GRAIN Pointers on. provision,. Private Wife to Glbert A Clay. t Jilcpgo, Aug. 27.—There is nothing In the cables or weather to give encouragement to the wheat butt. His best help is the fact holders show no anxiety about their i(ft< . but ou the contrary seem willing to Increase them. We believe wheat Is close to the iMittnm. ,• Bears continue to pouiul new corn. The Bccord-llerald says: "'This week trill be a rather critical one in the wheat trade. With good weather during the latter part of It It should see a big Increase In the marketings of new spring wheat lu the Northwest, ami ’also the liquidation by such of the September longs as do nor care to accept delivery of the gnrtu on Saturday next. There is every prospect that these deliveries will be euorimni*. but they will go mainly Into the hands of the curriers for the elevators, despite the fact that a larger percentage than lit many years will take In the wheat nnd pay for It. 'I’he •vent of the last week was the private hanging over of about 6,000,000 bushels of September wheat to December by the prin cipal long*. The latter paid 8*4 to make the transfer, which of course must l*e lidd ed to the cost of their original purchase. It- Is In the favor of the holder that the spring wheat crop In the Northwest Is prov ing n disappointment. Instead of bumper yields. It Is now prety well conceded that the crop Is only nn average one. nnd It remains to lie seen whether It Is up Hi the standard In fiour-tunklng qualities." WHEAT OPENED FRACTION LOWER Clear Weather in the North west and Weak Curb Main Influences. RANGE OF THE COTTON MARKET the bulk of the gold which arrived there, rk seem rded ns re elemt_. week that all would be re-shlpped to this country. Traders sold stocks nronnd the room because of this news, causing some moderate recession in prices, and again the story was current of the henfy proflt-tnk- ng sales. Selling, though, was mostly pure- iv speculative, and about evenly divided a long and short account. nul advanced to the record price of 19644- The losses sustained after the opening generally ranged around 1 point, nnd with this downward movement, the supply of stock around the room seemed to be exhausted. Buying orders cnroc In In creased volume ns the lower prices wero AT NEW YORK. Auit. > ?,W: Jan. . . Feb. . . March. . S3. 9.30-31 9.39-40 9.46-47 9.61-52 8.78-80 8.82-83 8.95-96 9.04 M 9.11-12 9.19-20 9M47 9.30-31 Closed stendy. AT NEW ORLEANS. Aug. . Sept. . Oct. . Nov. . Dec. . Jan. . Fel». . March. i! 9.42-50 9.31-38 9.27-28 9.27-28 9.27-28 9. i 5 8.37-89 9.40-43 9.10-12 9.06437 9.06- 07 8.07- 08 9.14-16 9.17-18 9.24-25 Closed firm. TIPS FLASHED From Wall StrooL LONDON STOCK MARKET. WEATHER FORECAST. Louisiana. Alabama. West Florida, Mis sissippi and Bast Texas—Cooler Monday, fair in north nnd showers In south portions; Tuesday fair with fresh northwest winds. Georgia—Showers Monday: Tuesday fair nesday. Tuesday; day; light to fresh variable winds. West Texas—Fair Monday and Tuesda Arkansas—Fair Monday nnd wanner Tnenday., _ . A . . . _ Illinois nnd Indiana-Fair tonight; Tues day fair nnd slightly warmer In north nnd central portions. t Iowa—Fair tonight; warmer west; Toes- •lav fair nnd warmer. Kansas and Nebraska—9 air and warmer tonight and Tuesday. . ^ , North Dakota nnd South Dakota—I*nlr Following Is the opening range nnd close the New York coffee market for to- U.iy: Opening Bans**. Close July .v.v.1* ,* b..r-niiw*r.* ** ** r io*ed steady. ... .6.90-6.96 ..6.86-7.06 . .7.W ..7.10-7.20 ...7.20 .,7.25-7.33 ,.7.30 ...6,75 ..6.504.58 ..6.664.76 ..6.754.86 ..1864.90 6.8)4.91 6.854.90 6.96-7.0) 7.00-7.10 7.10-7.15 7.15-7.20 7.20-7.25 6.464.5) 1454.50 6.554.60 6.634.70 6.754.80 WEATHER CONDITIONS The conditions have changed considerably since Saturday morning. An area of high measure of marked energy has moved down }rmn the northwest and Is now centered over Kansas. Its advance has caused much cooler weather to the enat and southeast of Its center. The center of lowest pressure Is over western New York. Clear weather prevails over the western half of the country, while cloudiness covers most of the states east of the Mississippi. In the Inst 24 hour* showers have occurred throughout the south and at nearly all sta tions from the Mississippi enstwsrd. Rote was falling this moraine nt Key West. \\II- mlngton. t’inclnnatl. Washington. Buffalo, and Boston. The following stations report ed one Inch or more nf rain In the Inst 24 hours: Washington 1.91 < harlesMn 1.68, Inetunntl 1M Jupiter. Fta., 1.22 Inches. The conditions favor fair and **««>ler w*-othcr In this section tonight and Tues day. Louisville and Nashville.. New York Central. . , • , Pennsylvania Beading.. .... .. .. .. Southern Pacific Union Pacific.. .. .. *. United States Steel.. . .. do. preferred COTTON REGION BULLETIN. For ths 24 noun ending at f a. m., Tltk meridian time. August 71, 1906. 1TATION8 OF ATLANTA DISTRICT. 'Atlanta, dear. . . . 'Chattanooga, cloudy. . Columbus, clear. . . Gainesville, clenr. . . Greenville, cloudy. . , Griffin, clear. . . . 'Macon, clear. . . , Montleello, clear, . . Newunn. clenr. . , , Rome, clear Spartanburg, clear. . Tallapoosa, clenr. . . Toe con. dear. . . . West. Polut, clear. . ill ^£5 Minimum t.iniHrntiin*. are fur the 12- hour period .inline nt 8 n. in. tbl. dnte. HEAVY RAINFALLS. Wn.bliiKton. On diKrtenton, 8. C Ilwnili.ro. N. C.. CENTRAL STATION. ~w To- THE COFFEE MARKET. New York. An*. 27.—The •■.«*«• market opened .lead, at unelmnted,prlre* °n alar nud June, hot uenemlly S potat, lower. 1.1- ,,ablation of September was the fentnre tixlav tndng the first notice day for that position. Aci-ordlng t«> estimates, notices for itlsmt 106.000 bugs were Issued, and their el renin t Ion through the street was evidently forcing **ut some of Jhe s**ntter- Ing long accfmnt during the cany session.— Glliert A clay- Atlanta Augusta Charleston. .... Galveston Little Rock Memphis. ..... Mobile . Montgomery. . . . New Orleans. . . . Oklahoma Savannah Vicksburg. .... Wilmington. ... T Indicates Inipprsclabla rainfall. Max. Min. REMARKS. Considerably lower temperatures than for the previous 24 hours prevailed over the western and southern districts, while slight rises were shown In most of the eastern districts. Rain fell In all districts. I*clna very light In Oklahoma. Heavy rains fell lu Georgia, North and South Carolina. COTTON SEED OIL MARKET. «• L ALABAMA 6T. GIBERT & CLAY STOCKS. BONOS. COTTON. OBAIN. COFFEE. PROVISIONS ATLANTA. (ML Xew Totk Stark Eirtunte.INrw Orlmn. Cotton E, B ,‘2f?„n , AMorl.tlon I-rlvate Wlrr. tooll EicMme**. •-.cl , nd Uns o.T.lnihVn, _ ;-W. n.FAjBAN, M«r* ff .i> .ml tan KrptrmWr at XI* .ml m .1 W’L New York, Aug. 27.—There was n com paratively quiet market for cotton secil oil on Satunlay. The sliarp advance of the jxe»V buying order* were reported near tin* dose of the market. The market at the <*los«> was mdet. with prices unchanged to *4r lower. There were uo sales reported.— Ware A lanand, ADD COTTON SB ED PII Opening. Closlm August. ....... “ “ ^ September Or totter. ....... November. ..... IW*rerober..» .... January. ....... ^ **—»■* w wi»a Closed stesdy. Kales W August at 36H*: Private Wire to Want & Lei and. New York, Aug. 27.—London ft to U «P enrly. There are Intimations of n big rise In St. Paul, but rather look for an Irregulnr mar ket The new rate law goes Into effect tomor row; and if, as tlgure<l, it will Increase earn ings In sonic direction* 60 per cent, it will greatly help low nnd medium priced rails, nnd there nre Indications of public buying being diverted to that class of stocks. Erics look about ns good as any: also K ~* ke aud Ohio r southwest Distillers likely to develop bull features on Standard OH going Into denatnrlked alco hol business. , . , . . It Is evident that a lot of long stocks nre Ixdng dumped. St. Paul not acting In sensational manner ns expected. HeeUta to l»e good buying. * ... It is nuiioriM thnt Northern Pacific will Issue $50,000,000 uew stock nt par to holders. It looks to me as If the general run of stocks could Ih* bought lower down. Am a bull on Sugar. , . . M Chicago tlrent Western earned 1.S3 per cent on Its II stock last yenr. Railroad rate law will In^come effective Tm-sday. , . Banks report less than the legal reserve HtnnSnrtl Vill’ reported buying distilleries to control deuaturixed alcohol. Northern Pacific expects to extend Into California. Steel trade continues strong, the price of bars being advanced last week. .Missouri Pacific will extend for thirty-two years Its 7 per cent Isiuds due lu November. Total Issue of new securities of all kinds Ince January 1. $Su0,775.90O. Twelve Industrials advanced .01 per cent. Twenty railroads advanced .11 per cent. Private Wire to Glbert A Clay. Think Hugar has started for a good rise, and la In stiff demand. ... a Market Inclined to reset under lend of St. Paul, and a disposition to restrain op erations ou that atock on fears of a corner. Sugar. Is a bullish feature; also Louisville nnd Nashville. , We think higher and stronger prices are due In Union Pnclfle. St. Paul, Copper, Erie and New York Central. Hear very bullish talk on Hugar. Relieve In It ultimately. Market looks reactionary. Do not see anything new. . „ „ . We are bullish on Atchison and **t. Paid Balance of market looks reaction*rv. I extieef to see St. Paul go right oa through 200 like lightning. VtrZ rails look sll right on recessions. might be called moderate nnd effectually put nn end to yams of high temperatures. The average maximum nnd mlulmuin tem peratures over the cotton* belt during the twenty-four hours ended at- 8 o’clock this morning were 88 to 69 degrees. Even sap py cotton plants ought to do well with such temperatures. As the season grows older, eomplalnts from the belt will undoubtedly increase, nn tarnwrn find cotton on their bands to market. The coiuplnlnt they send In will lu* welcomed by many operators nud will Increase the Interest In the loug Side nud will moke the market less of one-sided affair. At the moment, atrm nnd experienced operators In New YorL are working for higher prices, whlrh. of course, la nn argument rot* the pnrehnse of cot to tu At the same time, legit I mn tt factors will tell In the end. MuulpuJ'f tloii can not prevail very long. Private Wire to Ware & Lein ml. Chicago, Aug, 27.—This market should ral ly a little. 1 notice aoine elevator* buying September nud selling December. Some scattered couiiuIsmIoii selling nt tt opening, but there appears to be u few I cola Inclined to buy wheat on this break. in lMKsngc statement: Istst week, wheat 44.000, corn 18.1C8.0.X). * * * 40.000, com 19.427.0J0. Cables rcs|H>nd but feebly to our firmness 9.168.009 the previous wVck and . __ year. Corn 3.072.000 against 3.687,000 lust e«k nnd 4.818.000 last yenr. Trade Iu corn very light. Little buying by ntmmlalHnu houses. Offerings of oats very light. Market Is easily bid up to 33*4c by Pringle and Dan Wright. Trade now very slow. Chicago Inter-Ocean: Cash wheat busi ness In Chicago Friday uud .Saturday ag gregated 255.000 bushels. 169.000 luishcfa be ing No. 2 hard and 96.000 No. 2 red. Part of this Is for export nud part for New York millers. .Sale* of col bushels. were 156,000 nnd oats 90,000 000 bushels nud corn winter. Including 105,000 So.' week. Withdrawals for contract corn were 682.- 090 bushels and of other grades 128,000 bush' els. (It contract ontn there were 611.000 bushels taken out. Withdrawals of contract wheat from nub ile houses were 633.000 bushels, mostly No. 2 red nnd No. 2 hard, and Included 120.000 No. ! northern, the latter having been taken by millers. . LIVERPOOL GRAIN MARKET. Wheat—Opened %c higher; lit 1:30 p. m., He higher: closed H0%e lower. - Corn—Opened nnchnnged nnd closed He higher to H<’ lower. PR?MARY MOVEMENT. The following figures give the primary movement of wheat and corn; Wheat—Receipts today 796.000 bushels. 000 bushels Inst year. SELLING WAS HEAVY Full Cent Decline Was Shown in First Few Min utes of Trading.. By Private Leased Wire. Chicago, Aug. 27.—There were quiet closings on the board of trade, with net changes for the day showing wheat l-4(H'3-4c lower; corn l*8c higher to unchanged; oats l*8€P3*8c lower; pro visions unsteady. Cash sales were 27,000 bushels wheat. 650,000 bushels corn and 110,000 bush els oats In Chicago; 5 loads wheat, t loads corn and 40,000 bushels oats at the seaboard. There was a lack of.trade In all the pits. The bulls In all the pita attempt ed to force prices upward by bidding •or the grain without taking much or It. William H. Lake's purchases of wheat were liberal and James Rankin was a moderate buyer, too. Business In all the pits 'was quite scattered. During the day the Armour concern was a buyer or September wheat, ie- lieving the pressure. Primary receipts .wheat 796,000 bush els; cqrn 679.000 compared with 1,375,- 000 and 703,000 bushels, respectively, a year ogo. Clearance* for the day: Wheat 372,- 000 bushels; corn 60,OOQ; oats 9,000. CHICAGO GRAIN MARKET. Ht for today Open. wnKAI- Kept fita Dec May..,; CORN- Kcpt.... 48H Dec 44 May 4«*i OATS— Sept, 1 )ee. May Wgb. Loir, Close. Close. 71H 70H W fi a :r at. 2 -a HiSK-* 28 (8'4 WAhh t LELAND'8 *?AILY COTTON LETTER Xfw Orlean,. An*. 77.-''niton b*,l n «ort of Artlliolnl .tonilloewt thin mo mint. ,1.0. nnparontlr, to thr ini>nl|oilntfon or Now York ImH., wlin [o«flr,l tto‘ I.iW 'rjM.il m.r kot with ImllUh crop Inloruirtlon ItiiFlnff or,lor., nmf ,wumol . ninob ,„‘f tor markot tlirfo ihan w», wpetlnl. Tlir Amorlonn mnrkrl. IraprovNl In «>cu|»lbr. nltlumKlt th.ro won- nmo xrokhiK. .flor Hi. truth who wnntwl to know whnt mn won- nilvani'inu ou nnjrwiy. Tho ninvo- niont wn, KnniFthliiK floroo. (Jo 1 vr.lon .loll** rv»*r(rffor 9.7J8 bain, of wbloh S.42, won* HOW. Th.* oFtlnmto for llomton tomorrow w» 17.000 to I8.0W hnl*«. ofuln.t 1J.W ln«t yoor ami 12.318 In 1904. Hnoh larip* rooofpla promta** nlmott a rwonlTironktmj movomom of now ontron for tho month of AiiKoat. Tho mnrkoi may Iw put up tom- pornrlly. hnt It l« torn! to Iwlloro In a por- matteiit advance If the movement continues of >o<*h torse proportion?. The wowther ooold tenlly haro Iwon Iwtter. 8onu 'It- tlo rain waa »cnttero*l oror th,* lielt. oi* oonllns to the weather map. hrt fooiutt- ntoroa wore eten altfftiily muter what THE MADDORUCKER BANKING COMPANY, with capital, surplus and shareholders’ liability of 0,000.00, solicits ac counts of individuals, firms and corporations. Idle money waiting an investment can draw 3 1-2 per cent interest in our Savings Department—with drawat any day without notice. SOUTHERN EXCHANGE Oldeit K«t«bll»hM) Office South. COTTOH— STOCKS BAUDS GRIIK Tround Floor Onuld llulldlnf. Dally market letter nnd market manunl i*. Led on apptloatlon. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAlri Correspondents Capital $250,000 RiygRBNCE. THC NEAL BANK PHONE 1417. PRUDENTIAL BLOC NORTHWEST CARE The foRowjRtt ftgnrcf «(«-* tha northwest ears today, Inst week ntnl last ysart Last Last Todsv, Week. Year Ml imen polls 106 130 393 Duluth. 7 13 3 LARD - Sept... S.72H Oct... 8.KH Jan.... 7.92H 29*4 -T'S 17.02U 13.62H If* 7.8714 ’ 8:7fl4 8.75 8.80 8 - 'H 7.9W 7-| Hept... 8.80 8.82)4 8.77)4 8.77)4 8.87>, inn.::: ?:£* ?:S| A A IS* UA.SH WHEAT- No. 3 mi 72#mH: No. 3 do 71H«72: No. t hard, winter 7WilH; No. 3 do 7<R»70H. CHICAGO CAR LOTS. Today. Tomorrow.- Safe Deposit Boxes For rent in our vaults in the basement of the Empire {Building for only $5.00 each per annum. Absolute Security and nil Modem Conveniences You should not be without one. We invite you to call and inspect them. Title Guarantee and Trust Co. 31 % Compound Interest Is th. rate 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 You are Invited to call and inspect our quartan and Investigate our facilities to i.rve you. A hearty welcome awilti you at thle bank. A8A Q. CANDLER, President. W. H. PATTERSON, Viee-Pree. A. P. COLES. Caahfer. JOHN S. OWENS, Vice-Pre*. WM. D. OWENS, Awl. CaaMSF. CAPITAL, SURPLUS AND PROFITS OVER ONE MILLION DOLLARS Foreign Exchange, Travelers’ Checks, Brown Brothers’ Letters of Credit available in all parts of the world. Frank Hawkins, President. R. M. Atkinson. V. P. Tnoma Joseph A. McCord. CaalJer. toft, W«w Orltsos. ware: a leland COTTON, GRAIN, PROVISIONS, STOCKS, BONDS, Ke. 2 Will Sr.. Peters • siWsq, Sheets. Cs. KtABUSt few Ytfk Cellos Citheeer. Chicago Deerd et Trade. OriZycS'o' lufsepe. Chicago Stock Cchsege * ■*-—— *■—*•**- Mew York Collet Cachsiff. Tnoma a^C. Third National Bank Capital .... $200,000.00. Surplus .... $300,000.00. Literate! Cottoe Asiodslloi. Prhslt Wirtt to Kem York. Hew 0rlesss. Chicago. Bell Those 120. Standard Phone 3 Dr. A. W. ralhnnn. Milton Dargnn. John W. Grant. 11. T. McCord. DIRECTORS: Frank Haw kina. I! M. Atkinson. Joseph A. McCord. David Wood*