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THE ATLAJNTA GEORGIAN.
•rnitnuDAT. acoubt ». .—
COTTON AT THE START
WAS STEADY IN TONE
Traders Were Disposed To
Reduce Their Lines in
View of the Com
ing Holidays.
SPOT COTTON MARKET.
Liverpool •lomnnd limited, with price*
•teady. Middling upland*. 5.39d. Hale*. 4.
jwctilntloti and ex-
American, 1,400.
-.Mllug
American, 3,700;
POftt «0. Receipt:
port. 400. Receipt*. 3.000; At
Atlanta—Steady at 9ft«\
New York—Quirt *at 5:80c.
New Orleans-Steady at 9 516c.
Augusta—Stonily at 9ftc.
Savannah-Quiet at 9i\
St. Louis-Dull at 9%c.
Boston—Quiet nt 9.Me.
Memphis—Quiet at 9ftt*.
Baltimore—Nominal at 9ftc.
Galreston—Quiet nt 9ftc.
Wllmliigton-Nouiltial.
Mobile—Nominal nt 9c.
Norfolk—Quiet at 9ftc.
By Private Leased Wire.
New York, Aug. 30.—The undertone of,
the local rnttou market at the outset waa
•teady. After the call the list displayed
further steadiness on a, little covering.
Moat of this waa by room traders,
while seeing no reason to change their
bearish views, were disposed to reduce their
lines In view of the coming holidays.
The cotton market was quiet at the open
Ing this morning, and about In line with
the Liverpool market.
During the morning hours the trend waa
toward n lower level, though the early
fluctuations covered a narrow range,
market being dull.
After midday commission houses and
shorts were moderate buyers, and with of
ferings light, an advanco occurred.
New cotton Is still on the Increase, New
Orleans getting 175 bales, Galveston 5,480,
Mobile 5, Memphis 1, Houston 8,080 and
Augusta 14L
Estimates for tomorrow:
1908. 1906.
Galveston 10.000 to 11.500 7,107
Houston 8,000 to 9.000 9,770
As a result of covering ou the approach
of the holidays, a sharp advance occurred
In the afternoon tradlug, the close bclug
Dear the high point of the day.
Weld, Norden and Price brokers bought
heavily lu the late afternoon.
TODAY’S PORT RECEIPTS.
New Orleans .
Galreston. . .
Mobile
Havunimh. . .
Charleston. .
Wilmington. .
Norfolk. . . .
Boston
Total.
INTERIOR MOVEMENT.
sums day last year:
Houston. .
Augusts. .
Memphis.
QIBERT A CLAY S
DAILY COTTON LETTER.
New Orlran*, Auf. JO.-Hcarr cnvetlnu .
•Iiuri. maintained n •Ira.llly mlNinrln* u»r-
ket III l.lvuriKiol, hat when thU proeeaa of
llntllilntlnn finally culminated option* rn*cd
olt conulilernbly nml cloaed en«y from 1 to 2
imlnt. lower thnn yentrnUy. Spot quota,
lion* lout 1 (mint on Mlc* of 4,0ml tmlM.
The Irregularity of the market la but
natural In view of the Impending govern
meat report, mu! the range of prices, while
moderate. I. probably Increeaed oy the
aralplng Intereat, whleh largely prodoml-
natea. Current Intlueneea rontlnne to mili
tate ngalnat the malatenanco of advaheee.
and when Impmvementa do occur, na they
■hi frequently on the overturning of the
abort Intereat. tbo liettor celling baala thua
- erented la eagerly Belied upon to nut out
• new linen of abort commitment*. New cot*
ion nmtlnuea to move freely In Tevaa, and
the week, with It* elenr, dry weather, baa
citlined picking to pragma at a very rapid
rifte. (tin* are runutng full time and over,
and aoou the weight of the movement will
liecome apparent In It* Influence upon
lirleea. Innect Injury haalieeu the eanaeof
dnmnge U< the weat, while the uneven dla-
trlhutlon of uiotature from the central and
enatern aeetlona of the tielt ha* eonatltutad
the grenter portion of complaint., hot, tak
ing the crop na a whole. •• Indicated by our
own ndvlcea tialay. the deterioration haa
Iteen no more than nannl nt thin time of the
year, and nil all alilea farmer, appear more
than aatlallod with dieting proapecta.
WARE aTeLAND’S DAILY
COTTON LETTER
New orlenna. Ana.' 30 -Tmlni’a cotton
market wo* * good «b*al of a holiday affair.
At times It showed steadiness n rather a
markitl degree, but this was entirely due to
covering by shorts, who were not «l****rous
of carrying their commitment* over the
three holidays whleh follow the closing of
the market tomorrow. Bulls were not si all
aggressive except for n short Bme soon af*
ter the opening, when they made a per*
fectly opeu attempt to run In •b°rt«» Tjw
ilse of the short Intereat In the market,
however, did not admit of extenalve manip
ulation. nnd the buying waa boom oyer.
Liverpool was good ^ugh forsome «me
previous to the opening of the loeal market,
but fell off Just Ijeforc the opening here.
Which caused Initial prices to snow a slight
losa from the level of yesterday s closing.
The weather map was all that could be de
sired and the telegrams from country were
less pessimistic than they ^jne been. tor-
clgn exchange was unsettled and weak and
then* were no new developments In the alt-
nation to warrant an advance. That the
manipulator* could not get price* niftier,
•poke volume* against the existence of an
•nwleldy short Interest.
THE METAL MARKET.
Bv Private Leased W're. ^
New York. Aug. 30.-Tln was slightly
Armcr at He advance In spot and nearby
llthM^eommodltles were dull and un-
changed.
NEWS AND GOSSIP
Of the Fleecy Staple.
Private Wire to dlhert ft Clay.
New" York, Aug. 30.—Liverpool opened 2
Liverpool Is buying aud Weld Is a seller
on the advance.
Carpenter, Baggot ft Co. are the prlncl
pal sellers.
Webl and Mitchell continue their pres
sure on the market.
Mitchell offering 6,000 May 9.32c and 5,000
IhH*eml>er nt 9e.
Dick Bros, ft Co. say: "We cannot rau
aider the market In a atrong position, even
on the basis of 9c for January. Technically
the market la far from string In spite of
overwhelming bearishness of sentiment. The
reason Is that even the most Itenrlsh In
terests keep feeling for the temporary
tom. We favor sales on good rallies."
The Commercial beam a rumor that there
will he a new strong firm In local market
after Oct. 1.
The Journal of Commerce aavs: "The
teurclty of cotton goods In alt lines finer
than print cloths In first hands haa liecome
acute to the point where sellers and bn r
• • 4, Xo forethought l~
nrovhled ngalnst the
era are being anuoyed. No forethought
ild have provided against l
haa come forward for
.some lines, nnd buyers have been active In
the past week or ten days, duplicating or-
dera. only to find that deliveries cannot be
£ ren ns quickly na they would like. This
a led to a close comfdiig of nit sources
of supply snd the use of r my lines hlth
erto neglected."
3 tin was due.
The weaker shorta have freely covered.
Market easier on spot people selling and
local hammering
over today,
r, but have
If It continues tuny go high-
no faith In It."
Private Wire to Ware ft Leland.
New York. Aug. JO.—Liverpool futures
opened steady and unchanged on near, 1
up on late, nt 12:15 1 to f up; quiet but
steady. Hales. 4.000 spots; 1 down. Futures
were due to come 2 to 3 up.
We can aee nothing nt all In this market
this morning to buy cotton on. Buying
power Is coming from shorts almost ~
tlrely nnd evening up process over the
htays ny the local crowd on every rally.
There is considerable cotton sold for the
Houtb. Think market must work to a low
er level, nnd advise sales on any little
rally.
Mitchell and other brokers selling cotton,
the market has no friends and traders
back away from offerings.
New Orleans, Aug. SO.—Cables were due
about 3 up on both American markets and
therefore np to noon were about as ex
piated. .Spots continue In limited demand.
Futures are easy. The market Is not aide
to absorb any amount of offering*. The
bulla do not seem willing to furnish the
support necessary to bring atomt a mate
rial advance, although the shorta /ear ma
nipulation In Liverpool over the holidays
more than the longs do.
BEARS EXPECT
A HEAVY CROP
Again
New York, Aug. JO.—The Sun says: ...
the market was weak early ttreatise
much cotton. Columns might be written,
too, on the subject nnd It would come to
this and nothing more. Cotton Is pouring
Into the Southern ports, the e*op reiiorts
are favrable, the belief Is general that the
next government report wifi hold out hopes
_ - • * -* yields on record, sud,
... ....erpool, wE‘ " *
parently been favoring the bull
of late, suddenly broke tmdly. Bullish ar
guments were of no avail. A new statisti
cian stated the general condition of the
* no effect.
w and, al
though deterioration Is rejiorted In Lous!
non, nnd Arkansas, that Is nothing unusual
during August. It la believed that It Is no 1
greater than In some of the best years on
record. Meantime room traders hammered
the marker, and If the bull leader gave any
support Ita effect waa not clearly percepti
ble. Whether the market ran still be aokl
short with Impunity for any great length of
time remains to lie seen. The universality
of the bearish sentiment seems at the mo
ment aliont the only thing on which n bull
can count to bring about a rally. In other
■—*-ii a benr ami In an
enr aide la very ant .
overdone. A rally, however. In such condi
tion* would probably prove to be ouly tern-
IKtrary. The South and spot Interests were
selling, nnd moat of the buying waa simply
to cover shorts. Yet the covering late In
the dny was no active that much or the losa
was recovered before the dose.—Glbert ft
Clay.
New Orleans. Aug. 30.—'The Tlmea-llemo-
erst says: Tenacity of purpose rather thnn
trade demnnd checked n Ing lent tendency
toward lower prices, aud yesterday'a cotton
market, while distinctly favoring the t>ear,
might have l»een worse from the cla-At-
lantlc bulls* viewpoint than the final fig
ure* Indicated. Beyond vhe shadow of a
doubt, the talent la trading on the drift of
general sentiment, consequently the yet un-
knowu relationship of supply and demand
ral-
known relationship of supply and den
another year Is playing a more nr less
ondary role In the speculators' current
men! may bring complications not now an-
* •* “ ~ average seller of the other
. The noutb has been edu
cated fo high price cotton, a fact which
cut* iNJtb way*. The every-day* speculator,
accustomed na he Is to 10 and 11 cents, can
ot easily resist the temptation to regard
otton after ever/ slump as cheap at the
rice. On the other hand, some very poal-
.Ive and telling wrice vlewa. are pretty sure
to come from the farms long before the
spinners are given a chance to fill their re
quirements under the 9-cent mark, lu the
event nothing happens to the world’s trade
In manufactured good*. In the Interim ex
isting sentiment will probably undergo noi
sweeping change. _ w . ,
The New Orleans snd the New, tark cot
ton exchanges will remain rlosed Haturday
and Mouday, September 1 and 8.—Glbert ft
Clay. .
L. J. ANDERSON A CO/8
DAILY COTTON LETTER
New York. Aug. JO.-The reactionist* were
f in In evidence tbla morning In the fare
a weak Liverpool. ■««> price* were bid
np right after the opening for about 7
points, but the weight of favorable cron
reports was too much for them. They had
to turn loose. .Cotton seemed to be of
fered from ’everywhere. Thousands of bales
RANGE OF NEW YORK STOCKS AND' COTTON MARKETS
NAME OF STOCK.
Attain.-
American Hngar Itcf,
Anaconda
American !*nromotlve
«Io. preferred
Baltimore ft Ohio
Brooklyn Rapid Transit
Canadian l'selflc
Chicago ft Northwest'n
Chesapeake & Ohio
Colorado Fuel ft Iron
Central Leather
do. prefer red
Chicago ft Great W
Chicago. Mil. and Ht. I»
Delaware ft Hndson
Distiller's Securities.
do*. * preVerrc<I .*.’.’.'.’.’.'.’ .*!.’.’ .*
General Electric
Illinois Central
American lee Securities
Louisville A Nashville
Mexican Central
Missouri 1'aclfie....
Total sales today 1.326,000 shares.
NAME OF STOCK.
N. Y.. Ont. ft Western..
National I .cud
Northern Pacific
New York Central
Norfolk ft Western
PeutiN.vIvsnla
I'eoflie’s this
Pressed Steel Car
do. preferred
.•actfit* Mall
Rending
Republic Steel /.
Rock Island
do. preferred
('tilted States Rubber
do. preferred
Southern pue! tic
Southern Railway
do. preferred
SloKM-Sliefflebl
Teuti. Coal ft Iron
“ xss ft Pacific
. .don Pacific
I'nltcd States Steel
do. preferred
-Car. Chemlral
do. preferred
Western Pnloti
Will Kish
do. preferred
Wisconsin Central
preferred
NEW YORK.
Closed very steady.
NOTES ON GRAIN
Pointers on Provisions.
Private Wire to Glbert ft Clay.
Chicago, Aug. Sfl.—Provisions opened
steady to strong on good local buying. Good
caah demand reported over night, and local
crowd went home short. They nre covering
thin morning, and there la aome buying of
the January option for Investment.
Onta opened steady. Cash houses buying
December. Trade light.
Thluk profits should be taken on pro
visions on all hard spots.
".nr,
lowing Tuesday.
till the fob
Record-Herald: Elevator people nre nre-
,000.008 to 6.000.000
__ lay. A large part
of the long Interests haa been eliminated
by the recent 16c decline and by the large
Private transfers from September to Deccni-
»er last week. Nevertheless a fair quantity
of wheat will lie taken In and paid for by
rommlsslon house* for the account of mis
cellaneous consumers.
Board of trado members will vote on
Wednesday next on the proposition to
change the commission rule, back to where
It was lief ore March 1. Friends of the
tneaeure assert that It will carry.
Private Wire to Ware ft Leland.
Wheat market shows effects of September
liquidation. Expect more of It, which
should give us Tower market.
Wheat open* weak nnd market seems to
have lots of September on It.
Chicago Inter-Ocean: Cash wheat wan
relatively a shade firmer, new No. 2 red
‘ ring quoted nt UflHo over September f. o.
. ana No. 2 bard September price to He
rer.
There was a fair milling demand for enr
Iota, but little Inquiry for round lots. Ac
ceptances were light. No export sales were
reported by loenl houses, the demand l»eiug
poor, with limits too low to work any bnaf-
inr i
nlu i
?i!i
Tuesday next and do not want stock up In
fare of deliveries and Urge receipts.
Corn market ensy with September more
pressing than older months. Demand very
poor.
September oats dragging with difference
IHc, or the widest yet from Decemtwr
price. Trade small and mainly of thv
rhnnglng sort, Septemlier and December.
Provisions fairly steady. Receipts hogs
at western points 9.000 heavier than name
day last year. Brokers, thought to lie op
erating for Swift, sold Heiitemlier lard.
Cudahy Packing Company sold October lard
and riba. Shorts best buyers. Market
quiet.
Cash corn In Chicago was In fair demnnd,
rlth price# H®H«* higher. Accentnncea were
irger thnn any day In a montu.
A brisk demnnd waa reported f«»r oats
from the east. Prices were H6Hc higher.
1/ieal sale* were 106,00.) bushels wheat. In
ludtug 75.000 No. 1 red. 135.000 corn and
.10,000 oats. The seatioard reported 144,000
wheat. 50.000 corn and 10,000 oats for export.
The wheat waa given Ita rhanee for the
new# from tl "
sages galore '
tlon with tone ... —
the darkest pessimism to buoyant opt!
On the theory that where there was *»>
much smoke there must he some fire, trad
era were Inclined to plnee some reliance In
the arorlea of crop Injury nnd there wn»
some buying early on the strength of these
reports, one of the best buyers of Decern-
tier esrly wns understood to have received
authentic r “ ** * *
look of the
emanating from the leading Montreal firm
claiming that the full extent of the Injury
to crops had not ( been realised.
CHICAGO CAR LOT8.
Today. Tomorrow.
LIVERPOOL.
future ofn‘nr<l quli-t nml ati-ndj.
Op«-nlliff I-rorlou,
Bunin. Clow-. Cliw.
M0 5.07 5.09-8.10
6.01 5.02 LOO 5.01
4.92- 4.M 4.90-4.91 4.9-
4.90-4.92 4.90 4.69-4.90
4.90-4.92 4.90 4.19-4.90
4.91 4.91-4.92 4.90-491
4.93- 4.96 4.03 4.93
4.94*4.90 4.95 4.94
4.90 4.99 4.97 4.95-4.96
6.00 4.90-4.99 4.97
AtifU.t. . . .
Auf.dtapt. , ■
Kapt.-rtct. . .
Oct.-Nov. . •
Nor.-Itcc. • •
Her.-Jan. . .
Jan.-Felt. . .
Kch.-Slarrh. .
Marcb-Aprll.
Aprtl-Majr. .
Cloned raay.
NEW ORLEANS.
Oct. .
Nov. ,
Dee.
2- ”
3a s
_ 9.2o| 9.2o| 9.00
>.021 9.021 9.021 9.101-14
9.Us ft.Kl 9.M 9.08-09
8.98 9.08-10
“ 9.08-10
9.18-17
9.21-23
9.20 80
9.02-05
8.9990
8.99-01
9.00-01
9.07-08
9.11-13
9.17-18
WEATHER FINE!
CABLES LOWER
Opened Wheat Weak and Lower,
Professionals Heavy Sellers
for First Half Hour.
By Private Leaaed Wire.
Chicago, Aug. 30.—The .on* of the
grain trader wee heft'd Id the big pita
on the board of trad* There were
momenta of dullneaa and the .lny'e
bualnena waa not to the liking of the
broker*. The northweat long* were
again picking out the pooreat thrashing
return* and sending them broadcast In
order to Inlluenee values, without
great deal of succesa.
Closing price* showed wheat 3-»©
l-2c lower. '
Com waa unchanged to l-4@3-8c
lower.
Oata l-8«3-Sc higher.
Provision* unsettled, but mainly
Caah aalea here were 46,000 bushel*
wheat, 146,000 bushel* com and 165,
000 bushela oata.
The seaboard reported 10 load*
wheat, 3 loads com and 10,000 buahela
"'primary receipts of wheat 466,0011
against 873,000 a year ago: com re
ceipts 101,000, against 070,000 bushela
Clearances 464,000 bushels wheat,
50,000 bushela corn and 700 buahela
bats.
cfllCAGO DRAIN MARKET.
Chicago grain and prarlalona quotatioaa
for today follow:
Her. . . 74
May . 77%
COHN—
«2Ea the market and prices reprised i
part of the day's loss. This state of af
fairs cannot last much longer; a substantial
movement one way or the other must lie
made at an early date. For the time It
would seem most favorable for a fair ral
The short Intereat Is large, and about
ly. The short Intereat Is large, and about
all that Is possible has been done on the
bear side for the time belmr. It Is probable
that the big operators will favor a rally
between now and the government reports.
sired.
GIBERT & CLAY
■ 4C. ALABAMA BY.
STOCKS. BONDS.
COTTON. CRAIN.
CO FFCC. PROVISIONS
ATLANTA, CA.
MEMBERS
w York Cotjon EESSb Orirana KJard of Tr*3».|<7ai'iMtoa 'Cotton Eictiauf*
Prieto Wlrra to.ll Exchaorra. _
Local and Lena DUtanoe Telephone 5293. W. IL- FAGAN. Monitor.
Ortoono Cotton Etcboago.ICblctgo Board of Trod*.
Orlraaa Stork Eirbauo. Liverpool Cotton Atooriatlon
Orleans Board of Irriojualrraton Cotton Etct
ALONZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building. Bell Phone, Main 858.
ATLANTA, GEORGIA-
FORMER ATLANTAN
ADJUTANT GENERAL
The friend* of Colonel J. C. Boyd,
of OreenvIUe, B. C.. formerly of At
lanta, will be pleased to learn of hla
nomination aa adjutant and Inspector
general for 8outh Carolina at the re
cent state primary. It was a splendid
victory for Colonel Boyd, aa he not
only received an overwhelming major
ity, but carried hla opponent's hom,
county.
This is a well deserved compliment
from the eltliena of South Carolina
to Colonel Boyd, who haa long been
Identmed In the state militia, and as
one of the most progressive men of
the state.
Colonel Boyd Is a brother of Mr*. R
V. Wyatt end Captain V. H. Boyd, of
this city, and wa* at one time In bu*l-
neas here In the Arm of Boyd A Brum
by. He la well known to all the older
reildenta of Atlanta.
COUNTY DEMOCRATS
NAME KRY CHAIRMAN
mm
S'.:8L ill $ la ia
I'AHII WHEAT—
No. 2 rad. 71U672: No. 3 do. 70^071%: No.
2 hard winter, i0VKf71; No. 3 do, &tt970.
NORTHWEST CARS*
PRIMARY MOVEMENT.
The following figures glvs the primary
movement of wheat and eom:
Wheat—Receipt a, .tojtay 455,088^ bushels
Torn—Receipts today 391.000 bushels
against 874.000 bushels last year. Shipment*
today 288,000 bushels against 874,000 (mshels
NEWS PROM CROP.
Weather In Belt
r
New York, Aug. 30.— 1 The Journal of Com
merce says of ludlan Territory: Compared
with Inst month, cotton shows general de
terioration, but conditions probably better
than year ago. Plant haa taken on large
growth. Is healthy and In many Instances
reported fruiting well. Boll worms serious
ly complained of. —
Home paper says of Oklahoma: Deteriora
tion. If any, has been slight since last re
port. Fears that large growth will b© nt
the expense nt maturity. Henson fully two
or three weeks late. Report* generally op
timistic. lasrge, strong weed with good
fruit ami well cultivated.
Of Texas: Excessive moisture Is responsi
ble for practically all eoniplnluts, which
are almost universal, cnrylng from utter
ruin to slight or only prospective. Damage
since the middle of August; the weather
has lieen favorable to the rapid develop
ment of the lioll weevil and worms, aud
hardly without exception their presence
has Inspired report* of great damage.
Tho map Is again very good. Clear nnd
dry In Texas and the hnlnnce of the west
ern licit. Fairly heavy rains have fallen
lu Georgia, AlalMimn, Tennessee nml the
Carolina*, where they are not necessarily
harmful. The continued dear weather In
Texas Is reassuring, aud should silence for
a while reports of weevil damage.
The eastern forecast Indicates fair wentb
cr for Alabama ami east Florida tonight
and tomorrow; balance showers nnd unset
tied weather.
The western forecast Indicates fair fo-
STOCKS WERE HIGHER
THROUGH FIRST HOUR
TIPS FLASHED
From Wall StreeL
Private Wire to Glliert ft ('lay.
New York, Aug. 30.—I'ntnwn sentiment
The character of yesterday's market was
more convincing to those Interests who have
lieen skeptical regarding the present move
meut than that of any previous day. "
Is of course more
tig the tiinnej ....
come to iNdlevc flint the strength of
the Interests who are managing this cam
paign Is so groat that the momentary condi
tions will not have n more potent effect
ujKin the stock market than to cituac reac
tions of n few poluts from time to time.
The liellef Is still apparently strong that In
due time a considerable amount of gold will
l»c Imported.
Ijooka like bull market, but would buy
them only on weak spots.
We expect an active market today, with
rising tendencies, especially In rails.
Htcel preferred should be a purchase. It
seems to be about the rlieii|»e*t stock ou the
The New York Flnniichil Bureau says:
l*ntest developments show two things coti
nny amount of stocks. It will not suffer
|j|ttj>r
l»rnc-
forced
of bluff or else really has'engaged Targe
amounts of gold brnond ami has definite as
surances of treasury relief. Wc see no ren-
son for changing our neutral position, how
ever, and with the exception of specialties
wc would strictly oliscrre trading rules of
selling on rallies and buying on declines.
But we look for s|M>clnlty Improvement, as
stated for the Inst two days. It seems
determination Is stranger than ever to keep
mbllc Interest. This can mean only one
hlng eventually, and that la that the level
will nt least lie maintained to Im» raised
later when the situation I* propitious for
distribution. The news this morning Is not
of great mportum-e. but the Philadelphia
trouble sems to us to Imve subsided to n
great extent nnd Is nt least liellttted by
the rise In the Philadelphia stocks, so
called. The market aa a whole la now ap
proaching the high levels or limits again,
and professionals will, on Its reaching them,
a turn with smull stops.
, LIVE 8TOCK MARKET.
By Private (.eased Wire.
Chicago. Aug. 30.—Hogs: Estimated re
ceipt* today. 18,000. Market 6c lower; qual
ity fair: left over. 13.195: bulk. ».704/5.20:
Cattle—Estimated receipts. 10,000. Market
steady: quality fair: beeves. S3.8508.IS;
cows, fl.3504.30; heifers, $2.2605.50; calves.
S&6007.60; good prime steers. $5.4008.85:
poor to medium. $3.9006.30; Stockers wud
feeders. $2.3004.25.
Hheep— Estimated receipts. 18,000. Market
steady; quality fair; native, $3.15416.80:
western. $3.2&j6.60; yearlings. $5.8006.26;
lambs, $4.SD0L%; western, $1.6007.76.
THE COFFEE MARKET.
New York. Aug. 30.—Tho coffee market
opened hnrely steady at a decline of 6 to
15 |Hilnts In response to renewed liquida
tion and lower European cables. Trading
wns moderately aetlve daring the forenoon,
nnd prices held around tin* Initial figures
mi account of the covering of shorts and
some support from trade Interests, which
slisorlied the offerings quite promptly and
prevented n further break In prices. There
wns nothing fresh lu the news.—Glbert ft
Clay.
Following Is the opening range and close
. -*— *- ----- —rket for to-
Oiienlng
flange. (
March ... ... .
April
June ...
July
August
Heptember ... 4
Octolier
Novetulier
Ilecembcr
Closed steady.
Rnnge. Close.
. 8.50 6.56-8.60
. 8.55 8.80-6.85
. 6.86 6.70-8.76
. 8.45-6.75 8.754.80
. 6.75 6.804.85
. 6.104.90 6.04.90
. 6.854.90 6.904.95
. 6.20 6.204.25
. 6.264.X 6.304.36
. 8.39 8.304.35
. 8.354.45 6.K4.43
. 8.4a 6.454.60
SOUTHERN EXCHANGE
Oldaat Establish'd Office Smith.
COTTOI—STOCKS—8QIW- —GRAIN
Ground Floor Gould Building. Dally
market letter and market manual
mailed on apii'.lcatlnn.
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.
Impressive Buying in Many
Issues Partly Offset Wlmt
Was Considered Very
Good Selling.*
By Private Leased Wire.
New York. Aug. 39.—Both In the enrh
London dealings and at the opening liere
yesterday's violent speculative demonstra
tion was followed with a farther upturn of
prices. Gallia of 401 point were mads
In London, and even the later ndvn nre#
were recorded within the first few mlnntra
of the trading here; It* seemed, however,
to all onllnaryoliserrntlon that an effort has
lieen made to open price* as high ns possi
ble for the pnrptMte of affording a wider
margin for profit taking. At all erentn rhg
high level# of the day were made In the
first quarter hour, when Great Northern
pr©ferr**d sold up 8 point*. 1’nlon Pacific
1*£. Baltimore and Ohio 2, Reading %. and
Pennsylvania 2 points.
Heavy profit taking act In and then from
then on for the rest of the morning the
I market slowly fell away. The principal
check ou afieciilntlre operation* won the
advance In rail money to 7 per cent. While
this had lieen more or lc** reckoned in
view of the payment* nt thp first of the
month. It directed attention more serious
ly to the bank position, ns It Is likely to 1>e
shown the close of the week.
To the subtreasury-olone the banks have
lost over $4,000,000, or nearly ns much as
remained Inst Hnturdny for the entire sur
plus reserve.
I In the stock market opening prices show
ed general advance*. Norfolk nnd Western
uii I per cent. Rending up Q. Northern Pa
cific 4. Eric 44. Brooklyn Rapid Transit
nnd Colorado Furl %. Ht. Paul opened «*n
3.000 shares nt an advance of U4. Southern
Pacific wns up *4. Great Northern pre
ferred opened at a gain of 4H points, i l
vanced a point further, then lost 4 paints.
The market ruled active- and generally
higher through the first hour, with Im
pressive buying In many .Issues, offset part
ly by what was considered vert* good sell
ing lit the same time. The Hill and Ilar-
rlmnn stocks nml Chesapeake nml Ohio
were the most active In Hie trading.
BLptidon' was, again n .fairly large Irarer
the ojictJ „ .■
utes the giMNl buying and selling was al-
moat equally lulls nerd, but the supply *
free sellers all around the room,
another reaction at the . cml of tho first
hour.
Oo«eminent bonds were unchanged. Oth-
r iNinds steady.
LONDON 8TOCK MARKET.
Anaconda
Atchison
Canadian Pacific
Chi.. Mil. ft Ht. Paul
Erie ... ..
Illinois Central
Louisville ft Nsshvllls .
New York Central ...
Pennsylvania
Bending
Honthern Pacific ... ..
nlon Pacific ;
I’nltcd Htntcs Hteel ..
do- preferred
COTTON SEED OIL MARKET.
then* Is considerable confidence In the near
deliveries on account of the/small stock**,
the trade does not appear to be willing to
buy a grant deni. Influenced by the discount
on the forwanl deliveries nnd the lltieml
estimates on the ration-crop. Aside from
Red by the demand nml supply of set mil
oil. Prices st the close were unchanged to
l*4c lower. Males for the day amounted to
3.000 tisrrala; August loo nt 38c. September
October 1,000 nt
Novenilwr 291409)
December 29Q03O
January * • . . 29I463’ 1
PRICE CURRENT CROP REPORT.
Cincinnati, Aug. 90.—The Price Current
iys: Less Inclination to market winter
■heat at present prices. Corn continues In
Urn* promise, targe acreage winter wheat
•■Mated. Good pasturage savlr f
Packing 42),000 ngalnst
LIVERPOOL GRAIN MARKET.
Wheat opened ft lower; 1:39 p. m.,
lower; closed ft tower.
Corn opened unchanged: 19) n. m.,
higher; dosed unchanged to ft higher.
LJ. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, GRAIN
Correspondent's Capital $250,000
RErCRCNCe. THE NEAL BANK
PHONE I4FT. PRUDENTIAL BLOC
Safe Deposit Boxes
For rent In our vaults In the basement of the
Empire 3)uilding for only $5.00 each per
annum.
Absolute Security and all Modern Conveniences
You should not be without one. We invite
you to call and inspect them.
Title Guarantee and Trust Co.
oorroN^^A^, Provisions, 1 ^toiKsPbonds,
Is. 2 Will 51. v Alfalfa* 6».
Chltigo fort «f Trail.
China* Stock hchaaga.
ffaw Tarl Cotft* hchtago.
tJVlttt fa ffaw York, Horn Orltus. Cikafa. 8. C COTfiiAH. Fiaaaar.
** Standard rhont 2
31 % Compound Interest
I* the rat. your mon.y will draw If depoilted In the SAVINGS
DEPARTMENT of
CENTRAL BANK AND TRUST CORPORATION
CAPITAL $500,000.00. CANDLER BLDG.
STRONG, SAFE, CONSERVATIVE
You art Invited to call and Irapect our quarter, and inveatlgat*
our facllltlea to terve you. A hearty welcome await, you at thla
bank.
A8A G. CANDLER, President.
*V. H. PATTERSON, Viee-Prec. A. P. COLES. Caahier.
%HN S. OWENS, Vice-Pres. WM. D. OWENS, Aast. Caahier.
ftp-rial to Tbr Oronrtan.
Columbua. Go., Auc. 10.—J. B. Kry
wae elected chairman of tho Demo
cratic executive committee of the
county over L. T. Bowden by a big
majority at a man meeting today.
TRY A WANT AD
IN THE GEORGIAN
HUBBARD BROS & CO., ESm
Atlanta Office*. 219-HI Century Building.
Member, New York Cotton Exchange. New Or
leans Cotton Exchange, Liverpool Cotton Aaeo-
elation, Chicago Board of Trade. New York Cof
fee Exchange, New York Produce Exchange.
ButlncM eollclted for the above exchange*
Direct wire eervlce. Correepondence Invited.
Phonei 454, Long Distance 39. A.S. Huitacc. Mgr.
ATLANTA NATIONAL BANK
ATLANTA, GA.
C. E. CURRIER, Preildent. A. E. THORNTON, VIce-PraaldenL
H. T. INMAN, Vlct-Prexldint. GEO. R. DONOVAN, Caahier.
JAMES 8. FLOYD, Aes't Caahier.
Capital...: ... $500,060.04
Surplus and Undivided Profits $500,000.00
We Solicit Your Patronage.
MMnai
nil «j|