The Atlanta Georgian. (Atlanta, GA.) 1906-1907, August 29, 1906, Image 11

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THE ATLAXTA GEORGIAN - . EDITED BY ' " ' ■ 1 ■ - , . , , . . joshphb. lively^ THE GEORGIAN’S RECORD OF MARKETS AND FINANCE I ENGLISH CABLES WEBEJIILLISH Sharp Advances Shown in Both Spot and Fu tures. SALES WERE SMALL NEWS AND GOSSIP Of the Fleecy Staple. New York Market Nervous and Sold Sharply Low er After Opening. market opened steady, unchanged « point* higher. The steadiness was duo to favorable public cable* and bullish pri* rate advice* from abroad. After the call, the list advanced further on the report of the Southwest Cotton Association, which noted a deterioration of 8 per cent In the crop In Texas during Aui *~ * active and well divided. Ing. Liverpool decidedly bullish, nrst prices there llfelnjp sharply and better than due on the an* vnnee In the American markets vaster day. Spot was quoted 16 points up at 6.55 on sales of only 3,000 bales, which Indicates that the spinner doe» need cotton at advancing prices. At the opening Jn New York, trade was of a nervous character, and It was evident st the start that the bullish crop advices from Texas was discredited to a grent extent, and that the Improvement was manipulated from this slue for the pur* — ' - better selling basis Private Wire to Glbert A Clay. New York, Aug. 28.—Liverpool opened 7 to 8 up; was expected 6 to 7 up. fenture*° rk mar * et ,8 t * u,et without Price broker* again buying. •Weld and Lntbum-Alexauder are sellers, but not largely. ^Commission bouses doing very little either 'iTie Commercial says: “Bulls are adver- tlslug they will put October to 9.60.” Liverpool cables: “Market affected favor ably by shorts covering; others buvlug, ex pecting further recovery. Market feels in- ilueuce of Price bulling.” Dick Bros. & Co. any: ‘The strength of the market attributed to r renewal of bullish talk by Mr. Price, who for the first time in several weeks Issued some buJJJsh cron dispatches. There was nothing lu the bulletin Issued by him of which the con servative element of the trade did uot have knowledge." Hlordnu bought 5,000 December at 9.32 aud wants 5,000 more. We might have further advance, but this rally la u good opportunity to sell moder ately. They Claim That the Pres ent Reaction in Stocks Will Continue. erlng 10,000 March nt 9.53. Journal of Commerce says: “Trade for the week opened in a healthful way. Many reorders come In by mall, but the bulk of the letters asked for prompt shipments on goods already under contract. Buyers are conservative and are taking only the goods they can have sent on at ouce. They ad mit that trade is excellent with t* * that explains their anxiety nbc-. incuts. Generally speaking, the primary market Is Arm, and agents expect It to con tinue In that condition until there Is some relief In the stock of goods to come forward for ,,la *hla fn 11 " lg will be hard for ket much. He got his 10,000 bales fair profit. to the lietter cables, to 3 points higher, and with prices show ss he got all the cotton he wanted with' out advancing the price, It was without effect. Receipts of new cotton today Included 59 bales at New Orleans, Houston 16,662, Galveston 14,496, total receipts being new. Estimated receipts: 1906. 1905. Galveston 7,000 to 9,000 8.063 Houston 2,500 to 3,000 4,63b A dispatch from Cameron, Tex., says: “About 1,600 bales haro been received here this season. People are picking the crop rapidly, and hands, while not In excess of demand, are not hard to get. Most ol the cotton that has been brought to town has been marketed. The weather Is rather hot for cotton Picking, but when It opens picking begins. „ , In the afternoon, the bears raided the market and price* were forced down rap idly, the close being 24 points lower, as compared with yesterday. ’rice to ndvnnce tho mnr- —.. ■; HI* 10,000 bales very easily, aud the market went down 5 points '•umedintely afterwards. Norden continues to hammer the market. and selling January nt 9. New Orleans, Aug. 28.—Liverpool nt 7 to 8 up more than fully responds to the els- Atlnntic advances. Was due 6 points higher. Bullish sentiment, assisted by the turn In crop reports, seems to be increasing lu- tbnt market. The ea er tonight and Wednesday ___ Mississippi and .west Florida. For the bal ance showers tonight and tomorrow. The western forecast Indicates for Lousl- nnn fair and cooler tonight mid warmer to morrow. For Arkansas, fair and warmer partly cloudy, and the same for ■* T«, n . For the balance, partly ciuuut to increasing cloudiness with warmer weather except scattered showers tonight and Wednesday In southwest Texas. OPENING WAS HIGHER There Were Realizing Sales All Around the Room After Opening. RANGE OF NEW YORK STOCK MARKET Amalgamated Copper Atlantic Const Line Americau Sugar ReUntng... ,.... Anaconda American Locomotive do, preferred American Smelting Refining do. preferred. Atchison do, preferred erpool opened steady, 6 up on near, 7 Up SPOT con ON MARKET. Atlanta, quiet at 9ftc. New York, quiet at 9.90c. New Orleans, easy at 9fte. Liverpool, dull at 6.56d. Augusta, steady fit 9\c. Savannah, steady, at 9V4c. Charleston, quiet nt 9ftc. St. Louis, steady nt 9fte. Houston, steady at 9ftc. Boston, quiet at 10c. Galveston, steady at 9 7-16c. Wilmington, nominal. Norfolk, quiet nt 9ftc. Baltimore, nominal at 9ftc. Mobile, quiet at 9c. LIVERPOOL COTTON MARKET, Liverpool, Aug. 28, 12:15 p. m.—Cotton, spot dull, with price* steady: middling uplands 5.65d; sales 3,000; American 2,300; speculation and export 300; receipt* none. Futures opened firm. Opening J’revloi Ban re. Close. Close. . .6.23-5,27 5.23 5.18 . .6.17-5.18 5.14 6.11 , .5.08-5.11 5.06-5.06 5.03 .5.08 6.03-6.04 6.00 .6.08 5-03-6.04 6.00-5.01 .. .5.08-5.09 5.04-5.06 5.01-5.02 . .6.08-5.10 5.06-6.06 5.02-5.03 . .6.10-5.12 5.07-5.08 5.04-5.06 .5.13-6.14 5.00 5.06-5.07 . .6.14 5.10-6.11 6.08 August. . . August-Sept. Sept.-Oct. . Oct.-Nov. . Nnv.-Dec.. .. 1 >«•«•.-Jan. . .Inn.-Feb. . . Feb.March. . .March-April. TODAY'S PORT RECEIPT8. The following table shows receipts at ths K rts today, compared with tbs same day it year: New Orleans. . . Galveston. . . « Mobile Savannah Charleston. . . . Wilmington. .... Norfolk Boston San Francisco. . INTERIOR MOVEMENT. The following table shows receipts at th# Interior towns today, compared with the same day last year: WARE 4. LELAND’S DAILY COTTON LETTER A"'"' Vork, 'Any. SS.—Effort, to run In »n,‘ short Interest nnd boost prices were nor as suocessfnl this morning ** yester- J' 1 '.- During the late trading yesterday, brokers were scut Into the ring to bid uw.rket up. and prices advanced rapid- on stop-loss orders. Today buying or- 1 , "'T*' sent to Uverjiool; that market .uit’pil sharply. Imt u large quantity of orti.u taken nhore 9.31 for December en- countered so much resistance to the buying nmx-ment that price* slipped off again very pHWh. nnd during the midday trading •!,* Md down ns low ns those quoted ni.tv for most options. The collapse 2;, market was somewhat of a sttr- In i n " *"*• market opened very steady n t "porntor* were of the opinion that mi,,*» advance the present level ■HUB carry prices 19 |»oInts higher. There , ’, much cotton for sale, however, iJTi. . n i for December, prices ran n break of 20 points in less nan two hoars. Shorts covered on the de* c 11 ♦ this cotton will be for sale again covering Mississippi and Tennessee, sny cot ton In Hiorn mtntnm »■ ,!nl|ji{ Well, No III- Tennessee, plant some cases, In others poorly; excessive rains damaged some sections, but not seriously. Shedding general and some rust; Iwlls beginning to open, but picking will not he general till September 10 or 1». Usual scarcity of labor. Drouth seriously complained of in Mlssta- ere has been some mticellnneons buy- ...... Price has been the biggest buyer nnd the crowd has been ngninst him. Think It will ease off. Cotton tbnt 8chlll and Dents have sold has lieen well taken, and Rlordan Is n good buyer. New favors ... , r .. which Indicate that spinners are not In fin manipulation going on. The big operators who are trylug to run things now are evidently desirous of attracting fresh short sales with the view of running shorts in later on. Some little business has been done by exporters with Europe this morning. Market barely steady under whnt looks like attempts to take profits by those who believe It will put prices up. Tho weak ' *-* ‘ —mrs eliminated. conditions two courses seem advisable: Purchases on breaks for small profits nnd sales on any good ad vances for a long pull. Manipulators ought to be able to put prices up for a while, but In the end a good crop ought to put them COTTON REGION BULLETIN, ours ending at 8 August 28, 1908. STATIONS OF DISTRICT. •Atlanta, foggy. . . , •Chattanooga, cloudy. . Columbus, cloudy. . . ••Gainesville, cloudy. . Greenville, cloudy. . . Griffin, cloddy. . . . •Macon, cloudy. . . . Montlcello, cloudy. Wlapooen, cloudy .’oeeoa, cloudy "•Minimum temperatures are for "the 12- hour period ending at 8 a. ro. this date. ••Received too lute (wire trouble); uot in cluded In averages. HEAVY RAINFALLS. Gainesville, Gn .. ., .. .. ....2.29 Gnodwnter, Ala 2.08 Jacksonville. Fla ..1.98 S5 ? 70 74 If! ! s i New York, Aug. 28.—Further weak* ness was reported In the early foreign markets this morning, but the declines were of no great importance. Rusr slan bonds fell another 1-2 point and the discount on the new loan rose cor respondingly. Other government se curities were down a trifle, and It be ing the first day of the settlement in American shares, there was some heavy selling by foreign operators In this de partment. Before our opening, how ever, the weakness in London had been checked by buying orders from this side, and recovery was assisted by the completion of the "carry-over" without the difficulties which it was feared would result from hard hit speculators for the decline. The support extend ed to the London market, was signifi cant of the whole plan of operations here. From the opening It "was appar ent that strong efforts were being made to renew the advance. At the first buying converged upon one or two stocks only, Canadian Pacific and Atch ison being the particular Selections. But later, as the pressure of realizing sales slackened, the rise extended to St. Paul, the Pacific, the Southwest ern shares, and some of the industrial giving the market a fairly broad ap pearance. The stock market opened with some de elded advance* In prices. Smelting nnd day’s closing. There was selling pressure In the market again today, aud n good mnny of the large operators nnd room trader* were openly bearish In their talk, nnd looked for continued reaction. There were realis ing sales all nround the room after the opening. The buying on the early reae- t/on waa of the best character, .hut the sources of the buying orders were con- reeled by scattering the orders. Union Pacific wns tnkeu by Interests directly rep- resenting Standard Oil Interests. Canadian Pacific wns made a strong feature ntifi rose 3% points. Next to Canadian Pacific, the most Important price movement wns lu Atchison, which rose to 106ft, making n new high record. Thu Hill stocks showed strength. London bought about 40,000 shares, most ly Atchison. American Cotton Oil Baltimore nud Ohio Brooklyn Rapid Truusit.. Canadian Pacific Chicago nnd Northwestern Chesapeake and Ohio Colorado Fuel aud Iron Central (either do, preferred Chicago nud Grant Western Chicago, Milwaukee oucf iff. Puuf Delaware and Hudson Distiller’s Securities do, preferred General Electric Illinois Centro' American Ice Securities % Louisville nnd Nashville Mexican Central Missouri Pacific New York, Ontario and Western National Leon Northern Pacific...., New York Centra! People’s Gas Pressed Steel Car do, prefer red Pacific Mall Rending Republic Steel Rock Island do, preferred..- United States Rubber do, preferred Southern Pacific Southern Railway do, prefer red - Tennessee Coal nnd Iron ... Texan aud Pacific Union Pacific United States Steel do. preferred Virgin in-Carol Inn Chemical .. do, preferred Western Union Wabash do, preferred Wisconsin Central do, preferred Total stock sales today 1,616,100 shares. NOTES ON GRAIN Pointer, on Provl,!on«. RANGE OF THE COTTON MARKET AT NEW YORK. c £ O ■5 c Low | Ji s U il Aug. . . . . Mept Get. .... Nov. Dim?, ... 9 . Jail Fell March. . . . 8.90 s.:ts 9.12 9.21 9.32 9.41 9.27 9.54 8.96 8.99 9.16 9.21 914 9.43 9.54 8.86 8.74 8.87 9.04 9.06 9.14 9.22 9.26 8.86 8.74 8J9 9.04 9.06 9.16 9.22 9.27 8,68-73 8.73-75 8.88-89 8.96-98 9.06-07 9.15-16 9.20-21 9.26-27 8.92-97 8.97-99 9.12-13 9.21-23 9.30-31 9.39-40 9.46-47 9.51-62 Closed steady. AT NEW ORLEANS. tures In New 1 •55 tl Closed steady. LONDON 8T0CK MARKET. Atchison Canadian Pacific fife., Mff. nnd fit. Paul.. Erie do. preferred Illinois Central Louisville and Nashville.... , New York Central Pennsylvania .. Reading Southern Pacific . Union Pacific .. ... United States Steel do, preferred GOV’MT WEEKLY WEATHER REPORT. Alabama—Thb w«lflierTvni» hot and sultry The temperature aver- dlstrlcta receiving i though the weekly THE WEATHER. LOCAL FORECAST. Little Rock Memnhls Mobile Montgomery. . . . Savannah. Vicksburg. Wilmington. , Ill out. Av.ra... Temp’turs. Max. Min. 90 88 12 86 76 SO 60 80 Ill 1*1 10 I 82 | If I .02 T Indicates Inappreciable rainfall. REMARK8. The temperature* have fallen several de grees over most of the western districts during the past 24 hours. Little or no rain has fallen In the Gnlveston. New Orlenus. Oklahoma and Vicksburg districts. Heavy rains have occurred nt points In Alabama, (.uorglit nnd World.. , R MAIintniv . Section Director. For Atlanta and Vicinity—Partly cloudy and probably showers tonight aud Wedues day. WEATHER IN COTTON BELT. Texas—Dallas, Tyler nnd Temple dear and cool, Houston aud San Antonio dear and cold. Mississippi—Aberdeen, Tupflo, Atnnry, New Albany, Lexington. Yncoo City. Can ton. Jackson aud Notches dear and cool. Meridian, Newton and Hattiesburg cloudy nud cool. Alabama—Birmingham cloudy, very dnm| and cool. Selma clear and pleosaut. Mont goniery cloudy nud pleasant. Opelika cloudy nud cool. Mobile partly cloud; and cool. Huntsville cloudy and cool Montgomery cloudy nnd threatening. Georgia—Columbus cloudy and hot. Anier- leu* doudy and pleasant. Macon cloudy nnd cool. Savannah partly cloudy; teiu- iH.rntnre 83. Alimov cloudy; temperature Atlanta cloudy and •leans cloudy a WEATHER IN WHEAT BELT. any advance, and It Is a question wheth- .. the market Is brood enough find will attract enough general business to advance much further. While some unsatisfactory r«»p accounts are nt hand, the crop, ns whole, seems to Ik* doing remarkably well, nnd Indications seem to point to a record yield. GIBERT & CLAY *• K- ALABAMA ST. coffee. Pitovtiiow MEMBER* ATLANTA, OA fij v Tor * 8tock Bxrhanga.fNew Orleans Cotton Excbange.lChlrtgo Board of Trade. U* York Cotton Exchange. N>w Orleans Stork Exchange. iLiverpooI CottonAssociation A«w \ or |j Coffee ExcliaugeJ.Vew Orleans B*air»l of Trade. I*, a Best on Lottoa Lkcbang* , Private Wire* to all Exchanges, •nd Lono Distance Telephone 5253. W. R. FAGAN, Manager. Northwest—Partly cloudy; 48 to 64 above. West aud Southwest—Clear, with rising WEATHER FORECA8T. Georgia—Cooler Tuesday, with fair in western nud showers lu eastern portions; Wednesday fair; light to fresh northwest Florida—Showers Tuesday; Wednes day fair: light to fresh west winds. West Tex**—Local showers Tuesday sod Wednesday. Arkansas—Fair Tuesday and Wednesday. Illinois-Fair nnd warmer timlgbt; tomor row fair; warmer south. Indiana—Warmer tonight nnd Wednes day. Wisconsin—Partly cloudy nud warmer to night; showers west Wednesday. Minnesota—Showers tonight and Wednes day. Iowa—Showers tonight. Missouri-Fair and warmer tonight; to morrow fair except showers in the north east. Kansas—Fair and warmer fonigbt; to morrow fair. Nebraska—Fair nnd warmer west; show ers east tonight; Wednesday fair. Dakota* and Montana—Showers tonight or Wednesday. WEATHEh CONDITIONS. The area of high pressure that was mov-1 Ing In from the northwest yesterday has I almost entirely disappeared and tislny the f barometer Is but little above normal In the ! ginn of highest pressure. An nren of low | pressure lias rainfall wns moderately heavy in a few lo calities. Arkansas—The temperature wns above the norma! nnd generally favorable; the nights, except the last two, being very warm; showers occurred In some sections, the pre cipitation being, above the normal every where except In some southern counties, the greater part of the state receltlug too much. .. „ . Georgia—Tho weather was generally fair, with abundant sunsfifne. Local shower* were of almost dally occurrence nnd were heavy In a few central and southern coun ties. The temperature averaged about 2 degrees nliove the normal. Louisiana—'Temperature was nbnormslly high, especially In the southern portion. Mght scattered showers occurred nt the . . . . - *- imt gener- Tho sun- Mississippi—'The mean temperature wns nlKiut 3 degrees nliove the* normal. Rnliifnll Was deficient In the southwestern nnd east ern portions nnd wns excessive.In tho south ern imrtlons of the Ynxoo delta and along the gulf roast. Sunshine generaly suffi cient. North Carolina—Generally the weather wns showery nud warm. The rainfall wns nlKiut the noriiiiil, hut was badly distrib uted, being especially heavy lu the central counties. Reports of damage by excessive rnlus continue. The temperature averaged about 3 degrees nliove the iiormnl. Oklahoma nnd Indian Territory—The weather was generally fair. The tempera ture averaged near the normal, hut Sunday nnd Mondny were uiisen sunn lily cool. Show ers occurred from the 23d to 23th Inclusive. The rnliifnll was lu excess of the iiormnl over the greater part of tlie section. South crnrollnn—Showers occurred almost generally In the central, and eastern coun ties. They received tho heaviest rainfall. The temperature was norninl or slightly ntKive. The weather was sultry and there wns much cloudiness. Texas—Showers were general during tho forepart of the week and scattered nt the close of the week, but there wns consldera- few central counties nnd wns deficient else where. The temperature averaged normal nnd slightly a I »ove, except In the western counties, where It waa deficlnt. A decided fall in temperature occurred In the north western, northern aud central countie the close of the week. Tennessee—The week wns partly cloudy to cloudy with high temperature and local showers. The temperature averaged nnFh nliove the iiorinnl, especially In the eastern portion. The rainfall generally was light * **“— * * ' — a rule.—Glbert Private Wire to Glbert & Clay. Chicago, Aug. 28.—Country acceptances of wheat very light, but some of the house:* report a Imtter disposition to sell round lots of Nebraska wheat lit only ftc above tbe prices that had been bid before. The Record-!(eralu says: “Export houses abroad. Brice week. Cables . pointing nud Imllcatod very little desire to buy except lu a small way. J. A. Rankin Is around on the bull side of wheat. *We wM f, * ' *' lower.'' Cash sales In Chicago were 130,000 bushels wheat, 660.000 corn nud 128,000 oats. Scutumrd sales were 240,000. WHEAT OPENED OFF There Was Little Pressure To Sell at the Start of Session. good opportunity on good disco ii.t. Cush wheat nt Kaunas City wns In good demand for the better quality, but 1 to lftc lower for the poor grades. Receipts were 423 ears n cars heul over from Mature.-.,. There wns n very poor foreign Inquiry for wheat of all kinds Monday. Thu American mining Inquiry has lieen slow. Kx|>ortcrs of Amerlcnn r ’* “** ““*■—* — reported the the other side Inst week. Hu... - — ........ were reported, but same wns mostly swap ping around among dealers on this side. One seaboard house was figuring ou a small lot of choice new No. 2 hard e. I. f. Buf falo. which wns about the only Inquiry felt In this mnrket for hard wheat on foreign account. New corn la being offered In Oklahoma or Inst half of October shipment. A Kan sas City house wired that they could have bought 50.000 bushels Saturday nt a price about In linn with Galveston bids for last half of November loading. PRIMARY MOVEMENT. 1 iiiv in m iriirui unu corn; Wheat—Receipt* today 429,000 bushels, against 697,009 bushels last year: shipments today 348,000 bushels, ngninst 377,000 bush ’s Inst year. Corn—Receipts 639,000 bushels, ngninst 646.000 bushels last year; shipments today 660.000 bushels, ngninst 263,090 bushels last year. CHICAGO CAR LOTS. Today. Tomorrow. LIVERPOOL GRAIN MARKET. Wheat—Opened ftc lower: nt 1:39 p. m., ftfvfte lower; closed ftfffte lower. Corn—Opened unchanged nnd closed un changed to ftc higher. TIPS FLASHED From Wall Street COTTON 8EED OIL MARKET. temperature Is the rale. Cloudiness prevails in the southeast, along the Atlantic coast nnd lu Montana nnd the Dakotas. Rnlu has fallen at nearly nil stations east of tbe Mississippi. The following stations reported one Inch or more of rain In the last 24 hours: Jacksonville 2.44. Havniiiinh 1.98, Albany 1.26, Gainesville 2.20, Gnodwn ter, Ala., 104, nnd Washington, I>. C., 1.32 inches. he ( r nnd probably showers morrow. " B. MARBURY. Section Director. New York, Aug. 28.—The market cotton 0oo<t oil wan qa/et hat firm, tbe nearby deliveries holding the recent ad vnnee established, nud o/Terlngs, which Were scarce, were readily taken. There was a very little oil for sale, either Au gust or September, and there wns less lack of bringing new oil forward for September delivery, although It Is understood that some new oil Hi now on tho way. Distant deliveries are quiet nnd rather heavy. The mnrket nt the close wns steady, with prices iincltauged to fte higher.—Ware A Lelnnd. Opening. Closing. August 35ft September. » • • • . ~* Octolier November December. January _ _ Sales 100 October at 82ft. Closed SOUTHERN EXCHANGE > Oldest Established Office South. COTTON STOCKS BONDS GRAIN Ground Floor Gould Building. Dally mnrket letter nnd mnrket manurU mailed on application. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Correspondent's Capital $250,000 ftercvtENcr, the neal bank PHONE 1417. PRUDENTIAL BLDG HUBBARD BROS & CO. COTTON b* MERCHANTS Atlanta Office., 219-221 Century Building. Members New York Cotton Exchange, New Or leans Cotton Exchange, Liverpool Cotton Amo- elation, Chicago Board of Trade, New York Cof fee Exchange, New York Produce Exchange, fluiineo solicited for tbe above exchange.. Direct wire tervice. Correspondence invited. Phone. 4.M, L^ng Distance 39. A.S. Huitacc. Mgr i.l l> i <tr has Ntw Orltiat, WARE & LEL COTTON, GRAIN, PROVISIONS, S Ms. 2 Wall St., Felert BuINlag, Mini*. C*. kin m j.* Vis Urk Csffss Etchant. CMcsyt issrJ sf TnU. i Etch*if*. Chlcajt Sltck Eti rw Ttrk LELAN O IONS, STOCKS, BONDS, •r« 0,l.a>i C.tH. I hdbdwa Standard r Private Wire to Glbert A Clay. New York. Aug. 28.—We lire not prepared for more than an ordinary reaction In the mnrket from recent high levels. Liquidation, started yesterday, may ex tend further today, hut think good rnlli a purchase on further declines. Do not crpdlt reports of Intended In crease In Sugar dividend, hut stock Is prob ably worth Its present price. The stock market still reactionary. Uptown sentiment: There seems to ho genuine confidence regarding both the mon ey market and the stock market, In spite of the hardening yesterday In rates for time nrcommodntlouK and the failure of Sew York It/inkern to nnnounco the en- f .'agoineut nt gold In London. Men who ii ‘ PRICES HELD STEADY Grain Markets Broadened Out Later—Provisions Easier on Liquidation. Chicago, Aug. 28.—Wheat was held up by the hedges and it closed l-8c higher. It was not allowed to break, while the market was filled up with all that It would take without declining the hedger Is working cautiously but persistently In the matter of getting out lines. There were conditions and cir cumstances to favor him late. Cash wheat at Minneapolis attracted a great deal, of attention. The small run of new crop and the poor grndlng were features. No. 1 Northern old was 4 1-2 and 6c nnd No. 2 sold 3 and 3 l-2c over September; new No. 1 northern 2 and 2 l-2c over September. Daggett was a heavy seller here of December wheat, while he bought the September. Corn closed tame and l-8c off to 1-8 and l-4c up. Oats l-8c off to l-8c up. Pro visions 2 1-2 and 22 l-2c lower. Cash sales here 25,000 bushels corn and 70,000 bushels oats. No transac tions at the seaboard. Primary receipts wheat 4*9,000 bush els and corn 639,000 bushels, compared with 607,000 and 645,000 bushels, re spectively, a year ago. Clearances for the day 238,000 bush els wheat. 171,000 bushels corn and 15,- 000 bushels oats. t CHICAGO GRAIN MARKET. Chicago grain and provision* quotations for today follow: Open. nigh. I U 8 Jnn... 13.36 LARD - Hcpt... 8.67ft Oct.... 8.80 Jan.... 7.92ft have ok ml Into the gold Import nucstlon the opinion that New York could „otten gold In London yesterday If they had wished, Tbe fact thnt they did not hid Is taken as strong evidence thnt hankers here do not look for materially higher rates for monev In the near fu ture. It Is nnderstootf thnt nn operator who In years past Inis boon one of the most powerful factors In the market Is fnvornhly disposed toward the present upward move ment, nud believes thnt It will be carried further. ftCftc nigner. An Irregulnr nnd unsettled mnrket most probable, uml reactionary movement likely to extend to greater lengths. Htoekt nre more plentiful, and while call money work ed off, ■ mill '4 HIM- rnu Iiiuur; » the demand for time lonna wns (tors funds for requirements. Home the Chicago muietmenrs or Mnnunra uu, with the honvy fines Imposed. A chaw analyst* of Union Pacific and Kouthern Pa cific finances shows that over nnd above all fixed charges and dividend requirement* a large surplus Is shown. Would say thnt on shaep declines, think It advisable to take .on good stocks. J. V, Morgan f* quoted as saying: “I have no apprehension of serious stringency In money. ’ London Is a large buyer of Atchison. Market acts as If It wns scoring for it general advance. Texas Pacific looks good. Slocks banks have lost $2,060,000 since PH- /tchlson salon gr 6 per rent busts. Good buying In Hteels. Canadian Pacific .. bullish feature, and think (‘uppers aud Fnel will work higher. in”'.’. 7.22ft 7122ft CAM!! WIIRAT- Ny. 2 rod 71ftfl>72ft* No. 3 do "Ofttfilj . .. ... - "0ft©71ft; No. 3 do 70tf Tods?. Week. Yesr. THE MADDOX-RUCKER -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 onr. Savings Department—with drawal any day without notice. Safe Deposit Boxes For rent tn our vaults in tbe basement of the Empire {Building for only $5.00 each per annum. Absolute Security and all Modem Conveniences You should not be without one. We Invite you to call and Inspect them. Title Guarantee and Trust Co. ATLANTA NATIONAL BANK ATLANTA. GA C. E. CURRIER, Preddent. A. E. THORNTON, Vlce-Pra.ld.nt H. T. INMAN, Vlce-Pre.ld.nt. QEO. R. DONOVAN, C.ihl.r, JAMES S. FLOYD, A»»*« C.ihl.r. Capital 3500,000.00 Surplus and Undivided Profits $500,000.00 We Solicit Your Patronage.