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ATLANTA GEORGIAN. JOSEPH B. LIVELY ( THE GEORGIAN’S RECORD OF MARKETS AND FINANCE"), Ur. Lively's 25 years' experience >f editing markets In Atlanta and the South has made him a rec ognized authority In his specialty. % =<9 IN ALUWftRKETS Jverpool Set the Pace By Opening Lower Than Was Due. 3UR MARKETS LOWER favorable Weather and Liberal Movement Are New Factors. oenl cotton market Octotor i ow record, and there was uenvj pressure nil along the line, partly jv weakness In prices at Liverpool. First piotntlotis here were lower than due on !he enlilcs. Mug 5 to 8 points down. The; ‘^ ■ “ snt that has sprenc. In the absence of .... of damage to the » announcement that new cotton rapidly. After the call the about 2 points from the Imt Cotton for future delivery was weak in all the speci ‘ ul II! ery a , dilative centera- this morning, nil Jlieml movement of now cotton aiul con Jlwer ?hnn duo In response to the decline .n Liverpool. Sentiment Is bearish among the specula- tire element, and prices have declined with- jut aggressive onposltlon for the past nnnth: In fact, the cotton producer has so fur had very little to say and the dealers .a ‘’paper cotton” are doing a good business md are making money. If the producer re fuses to allow tils cotton to lie sold by this rlcuieut he can check the decline^. In Receipts for the half week at the Interior towns 23.621 bales, shipments 36,191, stock $6,178. No comparisons. Receipts of new cotton: At New Orleans I2n. Galveston 6.950. Houston 2,653. Estimated receipts: 1906. 5.000 to 6.500 8.000 to 9.000 SPOT COTTON MARKET. New Orleans, easy nt 9 5-l6c. Llverpool.ensy at ^5.40d. AURUHini ni Savannah, quiet nt St. Iritis, steady at . „ Boston, qalet at 9.90c. „ Galveston, steady at 9 7-16c. Memphis, quiet nt 9%e. Iiftltlmore, nominal at fftc. Norfolk, quiet at 9ftc. Mobile, dull nt 9c. Wilmington, nominal. TODAY’S PORT RECEIPTS ports todnj Inst year: compared with tb# same day 11306, i INTERIOR MOVEMENT. Ths following table shows receipts at tbs Interior towns today, compared with the same day last year: 1906 lu, n 1906 q 2793 4te Augusta . . Memphis *. . . 1 * 531 300 • iiiciuimtl 172 Total. . . * »27 17W f* WARE A LELAND'S DAILY COTTON LETTER New York. Aag. 29.—An effort to hedge some of the cotton bought here for an advance broke the Liverpool market sharply this mornlug. and Oetol»er aqld wltldn a Hnt of the low price of the season. Weak ness abroad led to general selling and bear hammering In the local market, and It noon beennie evident that there wna not eaoogh support to prevent Decemlier running through 9e to AW. which represented n de fine of 30 points from yesterday's high level. There wae the nsnnl slwrt covering »>n the break, and the market rallied 6416 points, only to bare trading become dull, nu'l. Inter on. prices slipped off ngnlu. There was a general feeling that heaviness bi October, and the fact that prices all nb.ng the line reached a new low level 0,1 *hls decline, all furnished evidences of « snf^ng tendency of the market ns a •fanning proposition, that tendency Mng Interrupted from time to time by perfectly normal am! healthy reactions. Reports from the South Indicate one of the largest, the Inrgest. crop ever gathered. ......... ,', r tin- — »• the marketing season, which In Itself prana pressure. Efforts to advance prices ■kTi* met with repented failure. The ren- • nn for It Is the enormous amount of cot* ton for sale on any advance. cibertITclavs I’rrmiimjc. ami unaer we innuence or ravornlde reports, ns to the crop's prog s'***'. options declined steadily. Anally dos- nn lately steady nt a loos over the pre- 'Ioiih ilny’s level of from 13©14 points. 2?” *1 notations were reduced 15 points; 4.000. The liberal res|>onse by Liver- -ooi to the decline In the American nmr- yesterday. and an Ideal weather map. IrlT. rp »P«>nsfb!e for the loss In mines on "penlng. x further decline wna occasioned through the Ihiutdntlon of s small long In- Imaght In nntld|Hitlon of a reaction. nlflH i,y activity on the part of the I tears. IP ra, ‘f. about the only support furnished X hmrket was through tne medium of •hort* covering. If a large abort | n r«>r. NEWS AND GOSSIP Of tho Fleecy Staple. Private Wire to Olhert & Clay. lork, Aug. 29.—Liverpool opened 10 ©Uft down. Hue 10 dowu. I^oonl traders who bought earlier are now selllug, which Is cauaiug the easi ness. Hick Bros, any: “With tpe speculn- tlve atmosphere much clearer, we think conditions favor the short side, and we fa vor sales now and on every rally.” Talk among spot people of bringing cot ton to New York for October delivery. Alexandria cables report nn active de mand for old crop Egyptian. The Journal of Commerce snya: 'The day's trading wna steady and of fair vol ume. In flrat hands, the willingness to sell forward from October was a little more pronounced whenever goods could Ik? ■ecu for delivery In the period between then and up to the end of the year. Buy ers manifested little disposition to take large quantities of goods, but they found Jeas fault with price* when they could be assured of shipments on the lines that have been scarce since the jobbing season open ed. Reorders have be<*u coming steadily since the middle of last week, and there are many evidences showing a great vol ume of business going on with joblters lu the middle west, the far west and to a leaser degree In the south.” New Orleans, Ang. 29.—Shorts covering Market declining under selling for a few longs who earlier expected a reaction. The eastern forecast la for showers to night and tomorrow In North Cnrollna and South Carolina and Georgia. For the bal ance, Mr weather tonight and Thursday. Western forecast Indicates fslr weather throughout tonight, with partly conditions tomorrow generally; sic ‘ ig tempernthres expected. Weather map Is Ideal clear and cool, with •lowly rls- rnlnfnll very light and confined to the state of Georgia. This Influence, togeth er with the llliernl response of Liverpool to yesterday's decline, should cause prices to seek lower levels. A dispatch from Taylor. Williamson coun ty, says: "The boll weevils are working In the cotton to some extent, but no more than most had expected, and the rain* of the last week made the cotton shed the blooms that npp Into considerate r I»etter than —. hp Iskt few years.” Temple, Bell county, Texas, nays: "There ,*111 be less cotton received In August this year by wagon than ever before known. The reason ascribed Is that after the rains which succeeded tile June drought, cotton was small, and, therefore, the liolls have been late In forming. By the same rule, stances, strong and healthy, well fruited, and fields clean, welt cultivated and gen erally doing well, hat there Is considerable doubt ns to how much damage the heavy rains, followed by dry sunshine weather, may Inflict upon n large and somewhat snp- py plant.” Private Wire to Wart A Leland. New York. Aug. 29.—Liverpool opened Ir regular 9 down on near and 10 down on late. At 12:15 p. m., 10011 down and steady; sales 4.000 spots, 15 down at 5.40d. Fu tures due to come 10 down. Market opened weak, commission houses (id local traders big sellers. Looks like go- g lower. Cotton continues weak. Tremendous blocks of cotton being thrown overlionrd. Gnthney nnd Hchlll heavy sellers. Gan not see any hope for cotton, and think we must have gradually lower market. Llveri»ool cables affected unfavorably on the poor receipts from New York. Other wise the market shows no new feature*. Tone of the market Indifferent. Rather lietter demand from spinners. Think cotton shorts well run In on nst sdrance. Considerable pressure, with lots for sale. Believe It Is a sale. VNew Orleans, Aug. 29.-The market Is barely steady. .Shorts, are taking profit*. THE FIRST The Heaviest Transactions Were in Reading With Philadelphia Seller. OPENED FR ACTION OFF Slumped Sharply Over 3 Points, But Quickly Re- - covered 2 Points. By Private Leased Wire. New York, Aug. 29.—With the publication of the detnlls of yesterday'* Philadelphia failure, the stock market was quick to recognize that It had entirely exaggerated the significance of the episode. The sub- G pusJoo was doe neither to stock specu- tlon nor to the real estate boom, con sequently whatever comment there bad been yesterday on the assumption that a weak spot had been disclosed lu the finan cial situation was seen today to possess no force at all. A quick recovery was lu order, nnd It l»eg*n In a remarkable man ner In the early London dealings. Bo- fore the opening of our market, American stocks were up anywhere from n point to IMilnts, with mi extreme gain of 8ft the Canadian Pacific. These advances jre reproduced consistently at the local opening. Cnuudlnti Pacific selling up for an extreme gain of nearly 6 points, with ■hnrp ndvauces In the minor nfilllated stocks. For a time thereafter there was tJcularly In Reading, Prana RANGE OF NEW YORK STOCK MARKET piPST i'sclBId |(Tac. Amalgamated Copper Atlantic Const Line American Sugar Refilling..... . , Anaconda American Locomotive do. preferred., I'frivi American Smelting Refining Alohlion ?. do. preferred American Cotton Oil Baltimore nnd Ohio Brooklyn Rapid Trauslt Canadian Pacific Chicago and Northwestern Chesapeake nnd Ohio Colorado Fuel and Iron Central Leather do. preferred Chicago aud Great Western •Chicago, Milwaukee and St. Paul Delaware and Iludsou Distiller's Securities do, * prefer^V.V.V.V.V.V/.V.V/.V.'.V.'!V.* General Electric the market, par- sylvanla and Cop ras of the stock irly 1 _ .... where enormous block. wore thrown out. Rut the absorption remarkably rapid, ami by midday the gen eral list whs rising again, with vIoTeut upholding of Great Northern nnd Northern Pnclfle tne features. The stock market opened animated and Ir regular, but with most Issues showing ad vances. Pennsylvania opened on 7,000 shares at au advance of Ift i»er cent. Reading's Initial price was ft lower. Atchison opened - gain of ft. ns against 193ft yestenlny. . .. - aid opened, ex-dividend and rights, nt 176ft. The sensation of the market was an advance of 4% In Canadian Paelflij. The to create general In numerous stocks „ comment. The heaviest transactions were lit Rending, of which Philadelphia whs a seller on nn enormous scale through local honscs. The stock, after opening lower, rallied to 136V then dropped to 133ft. but on heavy buying It quickly rallied over 2 paints. The buying around the room was of so Impressive a character that it forced room traders to hurriedly start covering shorts at the lc~ *—*- — ling was grabbed ns soon i Governments tin... active nnd lower. LONDON 8TOCK MARKET. barely which port Is bearish. offered. Sentiment Is general! THE WEATHER. LOCAL FORECAST. WEATHER IN COTTON BELT. , iyirr mm imiihib, cleor and fine; Cisco, clear and cool; Fort Worth and San Antonio, partly cloudy nnd Tflaalaaippt—Notches nnd Ynsoo City, clear ..ml pleasant; Jackson nnd Meridian, clear and cool; Hattiesburg, partly cloudy and cool; Hsslehurst, Greenwood nnd Brook- haven, clear ami cool. ... , Alabama—Birmingham, partly cloudy and cool; Selma, Montgomery nnd Mobile, clear WEATHER IN WHEAT BELT. hie., Mil. ami St. Paul Erie do. preferred Illinois Central Louisville and Nashville. New York Central Pennsylvania.. .. Reading .. Southern Pacific Union Pnclfle I’nlted States Steel do. preferred Illinois Centra*.,.......,... American lee Securities Louisville nnd Nashville Mexican Central Missouri PacIfU New York, Ontario and Western National Lent. Northern Pacific New York Centra! Norfolk and Western. Pennsylvania People’s Gas Pressed Steel Car - do, preferred ...A Pacific Mull Reading Republic Steel ltock Island do, preferred United Htntes Rubber do, preferred...... Southern Pacific Southern Railway * do, preferred. Tennessee Coal and Iron Texas and Pacific Union Pacific United Htntea Steel do, preferred............ Virgin In-Carol I na Chemical do. preferred Western Union Wnlutsb ~ do, preferred Wisconsin Central do, preferred......*.... •Ex-dividend 3ft and rights. NOTES ON GRAIN Pointers on Provision!. ... MW Total stock imies today 1,588,10d shares. RANGE OF THE COTTON MARKET CHANGES SMALL IN WHEAT PRICES At Close Market Was Un changed to a Fraction Lower. BUSINESS WAS SMALL Private Wire to Ware A Leland. Chicago, Aug. 29.—Wheat showed a good undertone at the close yesterday, nnd will likely show Home further ndvnucc today. The opening Is dull but steady. Crowd ready to go cither way. Rome rains In parts of the northwest bns caused a lit tle buying here, but nothing of conse- quence. foMyiheapolls stocks decrease 925.000 for There Is n lot of September wheat here a tap f*- A lot o, nes polls. Oats v«., temher nnd December by M Peary Grain Company. The only buyer of any note was Dau Wright, who was short. Chicago Inter-Ocenn: It Is between hay and grass with the wheat traders. There has been a 15c break on the winter wheat movement, which has let up. The spring movement, which was expected to be well under way by this time, has been checked by recent wet weather, nmt Is disappoint ing. It has curtailed operations by the bears, nnd white- the bulls do not look for the movement right nwoy, they are afraid It might come, and are going slow. Mlu nes (tolls hail only nine cars ol new wheat yoatortlny, two cur* No. J northern, five enrs No. 2 northern, one ear No. 3,^ northern and one car rejected. By Private Leased Wire. a c h hic ««°- Au*. » f -Th. .rot. export Is very moderate, nnd exporters pre- r e ®ched for grain failed to hold, as »ton«ly reduction lu shipments from the offerings Increased on all the ad- aia.iIP com,l " OD ‘ " l *’ •C*I vance* to develop. CIo«lng price.: ftilc.no bnd ten new c.r. aprln, poster* J UI> J, 1 ‘ 8c , ° wer for day. rom, and 1 -40>8-8c higher for oats. <’*ii. Mah ——— Hog products were ragged at the close. Cash transactions were 18 loads of wheat, 6 loads corn and 80,000 bushels oats. At the seaboard, 28,000 bushels wheat, 65,000 bushels corn and 110,000 bushels oats. The markets all closed rather tame. Primary receipts of wheat, 487,000 and corn 577, against 790,000 and 864.- 000 bushels, respectively, a year ago. Fluctuations in . Com and Oats Covered a Very Small Range. outside milling orders for car lots. No. 2 rod sold f. o. b. nt lc over September nnd No. 2 hard at September price. D. T. Coon, of St. Louis, who Is consid ered nn excellent Judge of corn, 1ms l»een r “ Ttft- of AT NEW YORK. The following Is the range lo cotton fa yires lu New York today: Oct. . Nov. . Dec. . Jan. . , Feb Mnrch. . . . IS AT NEW ORLEAN8. tures lu New !g Is the Orleanq t Aug. Sept. . Oct. . , 1%::: Jan. . . Feb. . , March. l! w 9.20-30 9.02-06 8.99- 90 8.99- 01 9.00-01 9.07-01 9.11-13 0.17 U M 9.06-08 9.03- 04 9.034)6 9.04- 06 9.10-11 9.14-17 V.W-Zl TIPS PLASHED From Wall Street COTTON REGION BULLETIN. For the 24 aonrs ending at 8 a. m., 78th meridian time, August 29, 1906. STATIONS OP ATLANTA DISTRICT. •Admits, clondv. . . •Chattanooga, cloudy.. Columbus, cloudy. . . Gainesville, cloudy. . Extreme Northwest—Partly cloudy and mersliy cooler, 38 to 64 above; local talus. Northwest—Generally cloudy, 48 to 58 de grees above; local rains. West nnd Southwest—Clear, 50 to 66 de grees above; light showers In low a. Ohio Valley-Clear, 60 to 64 above. W EATHErT FOR EC AST. Louisiana. Mississippi. Alabama. Western Florida and F.aet Texas-Fair, Wednesday ml Thursday; light variable winds. Georgia and Knstern Flondn—Shower# to* dor nnd tomorrow; light variable winds. West Texas—Local ruins Wednesdsy nnd Thursday. . ..... A,kniiM*-Falr amt warm.r \\>dnf*lnjr; Tbamlny fair. WEATHEh CONOH I0N8. C nwl, wvalb.r praralla Imla, alrma th« Allanii.: r.m»t from New Verb to aouthern Florida and at a few aenttered elation, elaewher*. Over mort of the eonntrjr clear able, predominate, llaitia It.re fallen In the aonth Atlantic elate*, thr upper lebe region nnd In Montana. The create.tIMIIe enrred In Georgia, a. follow*: tollman 5.M nehea, Wajrneeliofo tM, Alapaba UL and Thomnavllle l.«. Itnla waa falling gt An* gnetn and Thomnavllle tlila m.irntng. The prcaaurc la very Iregnlarl, dlatnlmted ami la generallr low. There I* an area of low barometer of ronalderahle rearer cen tered near Slnrnnette. while the blgheat preaanre cover, the Atlantic conit atatea. The temperature baa changed hnt Httle The condition, favor ahowera tonight, and Thnradaj-. rat menaced the marhet, It would appear logical. In the natural cotirae of errata, to expect a aomrwhat material reunion from preaent price, (tending the govern ment'll report In the enrl, part of next month, tint the .hurt Intereat. If exlatltie In volnme. mnnlfrata little or no nueaal- ueaa. hence the ndidba generallr prernda that, with favorable clrcumatancea. mar* bet price, will gmilnnllr drift to lower level.. Anil trailer, anticipate that the nnnunt report of nnr t-iehnnge. which will pmlaihly lie available upon the ooeulni: iif hualneaa tteptemlier ♦. will. In the Ibt* urea of anntillra. conatltute another lucent. Ivr for aelllng. GIBERT & CLAY '* t ALABAMA ST. troCKt, BONDS. COTTON. CHAIN. COFFEE. PROVISIONS MEMBERS* ATLANTA. BA tor, atorb EiehangsINew Orleana Cotton F.irhan*e.|Chlea*o nonr*I of Trade and Lons OUUnn'riltBhcn* 529*" n. FAGAN, Manager. Temp'tnr*. Max. Min. “'84 11 1.02 Greenville, cloudy. Griffin, cloudy. .... •Macon, clouily Montlcello, cloudy. . . Newnnn, cloudy Rome, cloudy Tallapoosa, cloudy. . . , Spartanburg, cloudy. . . Toccort, cloudy West Point, cloudy. . . . ’ •itlnlmuui temperatures are for tbe 12- hour period eading at 6 a. m. this date. HEAVY RAINFALI.S. Wayneslmro, Gn 2.74 Alnpaha. Gs 1.86 Kastman. Gs ..2.26 Private Wire to Glbert A Clay. New York, An*. 29.—Marshall, Spader A Co.: "The Philadelphia afTnlr la very much more a matter of sentiment In Its effect on the market than of any real Importance ns affecting the price movement. The worst appears to ne known, nnd, had aa It Is In reflecting a serious financial scan dal, Vo are prepared to see Its mnrkct effect fully discounted this morning.” Real Estate Trust Company In hands of receiver failed for about $7,000,000. Thlf In face of present money conditions has caused some nnxlety. the decl I no by > (his were Imughf yesterday the best people. Advise buying Baltimore and Ohio decline for gmxl profits. Think the market will be aupported, and ill finally disregard tbe Philadelphia fail ure. Galveston. . . . Little Rock. . . * Memphis Mobile. Montgomery. . . New Orleans. . , Oklahoma. . . . Savannah. . . . Vicksburg. . . . Wilmington* . , T Indicate# * laapprecUh Dlst. Averages. rainfall. :S REMARKS. _:e teiuperntnres continue loir over tl entire belt. Little or no rain baa nil. west of the Mlssla«dpp! river. Heavy ralna have occurred lu aouthern Georgia. J. b. MAHBURY. Section Director. COTTON 8EEO OIL MARKET. New York. Ang. 29.—The market for cot ton seed oil was quiet with tone rather heavy. Near dellrertea continue to show evidence of aupport, nnd with the small storks such support is comparatively easy. The distant deliveries, however, were easy, aad the general tone was against values. Decline In cotton and estimate of a big cot- crop gave sellers of the forward deliver- confidence. The market waa firm at tfe» _ j» with prices fte to tye np. Sales ‘ tne da: ‘ ‘ L098 a l cemlier r 1,006 a Sepiember 100 at 36ftc. De* r srs 8r|i"lra,b.*r K*l Ocfolier 3? November IJeremlirr. The New York Financial BurMn a asyt; Unfavorable technical deductions of our Tuesday morning’s editorial as regard* gen eral bullish aggressiveness, but favoring ■|N>clalttes having l»eeii borne out by the Motion at the stock market during yeater- day’s session, the developments presented this morning from Philadelphia and Rus sia are such as to encourage further l»cnr- lah operations, although we expect to see the market supported. We think the re actionary tendencies will I* but temporary. Slid do not believe that the fundamentals will permit a lnsar market. The money factors now existing will, however, prevent a hull campaign, according to tlm latest developments. An active market Is prom ised by the division of sentiment, ami the large profealaonsl aim! other Interests lu the market. The rent estate failure will prob ably have a good effect on the stock roar ket later on, because It will tend to re strict real estate operations, hut It may cripple certain Interests for the time, and the size of the failure will hare a bad effect. The outlook la for an unfavorable bank atatement this week, with money Closed steady. THE COFFEE MARKET. New York. Aug. 29.—The coffee market opened steady nt an advance of 5 to 10 point* on stead/ cables and a little better demand, part of which seemed to lx» due to a renewal of bull support nnd a part waa fired recently remains fired. Mnny of the ears are standing upright on the stalks, which, he says, would not lie the case If they were filled well, nnd In nil he does not think that hte condition of the corn crop Is good. Private Wire to Glhert A Clay. Chicago, Aug. 29.—Wheat cables firm. More wet wentner northwest. Pressure of Heptemlier liquidation over. Market over sold nnd In good shape for speculative reaction. Good deal of talk about Increased corn receipts, hut the demand continues excel lent. Contract stocks exhausted. Rears not making much headway. Peel friendly to oafs. The Record-IIernbl says: Longs In oats a little nervous over tho p deliveries next Saturday, sntlty of oat# that n*rl unaccounted for. "We are sorry to have to report that the promise ldg harvest In tne Canadian west will Jw» realized.” say* ns CnmpMl A McLean Crop Canadian west and especially In North Dako- NORTHWEST CARS. The fallowma nxtiri*. .1.. tbs nnrthwm ear. tod.jr, In.t areek and Inst year: fait Lilt Todar. Weak. f»at Minneapolis . S2 Unlntti I» J. deal of for sale, however, and the day were atimit 63,600 bags.- Following la the opening range nnd close of the New York coffee market for to day: Opening ...Jr*- TBS. flay lime...,,, .... .., July Augatt September October November December Closed steady. ..6.764.86 .. .680-6.86 ...6.86-6.96 ..6.90-6.96 ...6.40-6.45 .•4848 6.664.76 0.754.80 6.804.90 6.904.96 6.96-7.00 7.00-7.06 6.304.36 6.304.36 6.40446 6.464.66 6.654.60 HAS SO. PACIFIC EARNED DIVIDEND? Interior for the crops. course, relief hut It Is 10 to 1 that tbe government not extend aid to speculation, Imt only to legitimate Industry. Tbe Interest of the public In tbe market at this time la dwindling on account of the lack of ag gressiveness. and it l«- possible * shake out is Intended. On any good break, we would not hesitate to buy standard stocks. Private Wire to Ware A Leland. tntage of firm snots to rei Dow-Jones’ sugary: American stocks tn London stronger H4J1 per cent above parity. W. J. Brjan arrived from Europe to- "ifcal Estate Trust Company, of Philadel phia, said to tie about |7.<MO,000 short. >>tr York Central expects to issue new stock this winter for terminal financing. Home demand for stocks In loan crowd. Foreign houses considerable born were of Canadian Pacific. Atchison’ earnings nearly 8 per cent after paying preaent dividend on common stink. Thirty-three romls for the third weel; In *—nt show an average gross Increases of tr will lose heavily to the fntcifor this week, and especially to San FrnncU- o. Indications that the gold for present will e Imported from Australia. laondoa settlement proceeding aatlsfsrto- ^■fwolr* Industrials declined 1.16 per eat. Twenty active railroads declined 1 per Roltert Ooodbody * Co., New York, aay In reference to the recent dividend of 6 per cent per annum on Southern Pacific: "The Southern Pacific management atop that the statements could not !>• usefully given, and tbe Impression Itelng, to say **■ least, allowed to prevail that Sontheru rifle bnd *o suffered from the esrthqt nnd the consequent dislocation of bust ns to make It Improbable that dividends on the stock could lie soon begun. Yet sud denly this dividend Is announced at 6 pet cent per annum. Would It he wonderful If holders bnd sold out and put their who would [ perhaps f on balance, ev •ry probable that ’oflt moat by the I THE METAL MARKET. By Private leased Wire. New York, Aug. 29.—Further weakness whs shown In tin, which broke with the col lapse of the corner which had been In ex istence for some little time. Spot was of fered at 40%. Copper firm and unchanged. l*esd and spelters steady. SOUTHERN EXCHANGE Oldest Established Office 6oiith. COTTON—STOWS—BONOS BRAIN Ground Floor Gould Dulldlng. Dally market letter and market manual mailed on application. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Correspondint’s Capital $250,000 aemgNCg, the ncal bank PHONE 1417. PRUDENTIALBLOG THE DRY GOODS MARKET. New .York. Ang. 29.—Business wae at a high level Is rotten grast* generally today. though .buyer" f*»r export account made itrnag bblf for cowesalims on future de liveries. fa woolens nud silks, the pros- |»erta for a good fall trade are distinctly iietter. cottonVg^;^,?hovis?5n‘s, 1 stocks^*bonds, g«w Otltant. HOVISIC to 1 Win R. FtJmJ/JW’f- G«. Chicago Board of Tr$4o. Chicago Stork Etchaogo. Maw fork Coffee ftcha»ffo. MIIUBIKS: UtatBOol Cottoo Mnoclatloo. - ”i > >Atui*,sr*ir , ~ Ptlwala men lo Mow fork. Mow Or loo at, Chicago. f. C COTHMMM. Maaaotr. — frmm M thooe 120. Standard rAmBt THE MADDOX-RUCKER BANKING COMPANY, with capital, surplus and shareholders’ liability of $900,000.00, 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= drawal any day without notice. CHICAGO GRAIN MARKET. Chicago grain and provisions quotation* for today follow: Prevfona WHBA-PiT- r, ' eh ' LoW ' Close. Close. Sept...' 77 71 ft 70ft 70ft 7lft tea* ■ S* - *■* CORN- fc S' 4 f2£;r ffi K)iik- Sept... 17.00 Jan 13.0 LARD- Sept... 8.65 Oct.... 8.72ft Jon.... 7.86 HIDES— Sept... 8.62»ft 8.66 7.16 44ft 29ft St 32% CASH WHEAT- No. 2 red 7 hard winter 17.00 17.00 17.00 13.82ft 13.32ft 13.40 is* in m 7.86 7.87ft 7.90 8.60 11.70 n. fir. m in in PRIMARY MOVEMENT. The following figures give the primary movement of wheat and corn: Wheat—Receipts today 987,000 bushels, against 790.000 bushels last year; ship ments today 800,000 bushels, against 430,- 000 hnalnda last year. Corn—Receipts t(Mlnr 577.000 bushels, against 884.000 bushels fast year; shipments today 326,000 bushels, against 263,000 bushels late year. LIVERPOOL GRAIN MARKET. Wheat—Opened unchanged; at 1:30 p. tn.# ftc higher; eloaed ftc higher. Corn—Opened unchanged; nt 1:30 p. m.. ftc higher to unchatigcu; dosed unchanged to ftc higher. Wheat Corn Oats Hogs.. ,, „ „ L. J. ANDERSON A CO.'S DAILY COTTON LETTER '?« 20000 ket wna very weal declining 13 to 14 points during the session nnd a (Kit sales being 4,000 bales at a decline of 15 points. The Liverpool market Is clear evidence that the spinners are not In need of cotton at the present time, nnd with tbs belief general as to a bl^ yield they holding oft la the belief t price*. .nd until thara la som* ehnuge In this respect It !• difficult to how sny advance can bo sustained. Prices In tbe New York market today have been almost stationary, after opening at a de cline of 6 to 6 points. Hliortly after tha opening there was an effort to cause a fur ther break. Imt at tho low level for the season—t.76 for October—abort covering and some supi •’ - ' to about l .... 8 rices are steady euey toward a I Safp Deposit Boxes For rent in our oaulls in tbe basement of the Empire [Building for only $5.00 each per' annum. Absolute Security and all Modern Conveniences You should not be without one. IVe invite you to call and Inspect them. Title Guarantee and Trust Co. 10WRY NATIONAL BANK 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. Third National Bank Capital Surplus $200,000.00. $300,000.00. Dr. A. W. Calhoun. Milton Dargan. John w. Grant. H. Y. McCord. DIRECTORS: Frank Hawkins. If. M Atkinson. Joseph A. McCord. j. rr. .vnunafiy. - J. Carroll Payne. E. B Rosser. David Woodward.