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THE ATLANTA GEORGIAN. SATURDAY, SFPTEMRKR 1. 1^. IS ARE CLOSED TODAY Will Remain Closed ’Till Next Tuesday on Ac count of Labor Day. LIVERPOOL WAS OPEN Transacted Business For Half Hour and Sent Us Discouraging Advices. American eottnn market* are ctoaed ,A, r The Mtnrday aeulon la uinally a affair. laatlug only two hour*: and .. Mon (lav la a legal holiday on account of Uh«r day, the trader* decided to “cut out" the two hour*’ aeaalon and Uke a three day*' reat. Iltenwol waa open for builnei for a hal’f hour thla morning, and advice, from there were not of an encouraging nature, ■not Mug marked down 6 point, on sale* of l,™o halea, while future* closed at decline* »f 7@834 pol'it*. report* were In evidence, however, and they were of 8 generally favorable ^Houston, Tex.: Verf reUnble firm of Cla- J pi. write*: “Onr cro}> here still much better than last year. In spite of fart that worm*, boll worm*, have dine some damage, but one of our most cnaerratlve men aaya that thin county Jni maWe. at lenat, W.000 bale* thla year, n-alnet 3J.J00 last year. Went out luto the district where our worst complaint* are coming Inal Sunday and saw n great ninuT large Adda where the atnlk waa iTrra'nt lilgli. and ns full of fruit as It could •land. Went Into seven held* anil made close examination, and In four of them did not see worms. In the other three there were some worm*, but tbe plnut Is still putting on fruit, awl we confidently expect a bumper crop In thla section.” Temple, Tex.: ‘Tarty Just In from the went report* very heavy rain In Coleman and Brown counties. Bays almost solid sheet of water from Coleman to Brown- wood. Cotton badly damaged In that sec tion hr rale. Weevil doing considerable damage: deteriorated 20 per cent In this county 111 last twenty day*. Just saw partr from Tnylor county, who gays wee vil doing much damge fn that aectlon. Hold that the crop will tie 66,000, against I1.00J last yenr.” ... Galveston, Tex.: “Wo are closely In touch with the situation, a* we make It a point to visit ilelda nearly every day, and as sure you lhat damage report* ar* gross- lr exaggerated and are mostly for specu lative purposes.*' Sherman. Tex.: “Crop doing well; wee vil doing no dumnge." Following la the atatlattcal position of cotton on Friday. August 31, na made up by The Sow York Financial Chronicle, re ceived over private leased wire by Messrs. Ware A Leland: 11,345,988 BALES THE SEASON'S YIELD Second Largest Crop of Cotton Ever Marketed By the South. PRICE PAID WAS FAIR The Southern Mills Took 196,305 Bales More Than Last Year. The total of the commercial crop of cot ton for the season of 1966-1906 was an noonred late yesterday afternoon by Hoc rotary Hester, of the New Orleans cottou xchauge. The total yield la placed at 11,346,966, oltows: Tort receipt* 8,029,1 Overland to northern mills and Can ada 1.068.468 Southern consumption 2,307. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAME OK STOCK 1 . Amalgamated Cornier Atlantic Coaat Lina American Hujrar Ref.... «... Anaconda American taromotle* aJMMMxw::::::::::: «lo, preferred Atchison, do. preferred ; American Cotton Oil Am. Car Foundry Baltimore A Ohio Brooklyn Rapid Transit Canadian Pacific. Cheaapeak Colorado Fuel A Iron... Central Leather., do, preferred * Total ....11,345,! This lenat I*aat tVoplf Week Vaa v* Visible supply 1.784,156 1.874.M3 2.MM70 Americau... .... 885,156 842.833 1.638,470 Crop In eight.... For week li&.TSZ Port receipts. . . . 74.604 8toek» 193,878 Export* 67.790 Interior receipts.. . 63.186 Interior nhlpineuts. 73,539 Interior storks. . .. 100,906 48.801 184.701 37,233 41,833 48.446 111,260 138,732 87,883 827,410 83.542 81.680 LIVERPOOL CbTTON MARKET. Liverpool. September 1, 12:18 p. m.~Cot ton. snot dull, with priors easier; middling jpland* 5.3Sr|; sales 3,000 halca; American 1401; speculatIon nnd export 300; receipts Beptemlier. . Rept.Oet. . Oct.-Nov. . . No v.. I tee. . , Deo.-.Ian. . . Jan.-Kelt. . Fell..March. March April. Closed qnlet, Range. .6.00-4.87 4.97 .. 4.814.8 . .4.88-4.81 ..5.81-4.8! . .4.91-4.81 .4.93-4.88 .4.93-4.80 .4.86-4.92 -4.M4.93H 4.93tt ..4.96-4.16 4.96 5.04-6.06 4.86 4.93-4.94 4.94 4.95 4.86 4.88-4.98 6.00-6.01 6.02 6.08-5.64 — — . — w aulO.i . , and 1.819,409 the year before, or Increases of 196,806 and 666,016. respectively. Secretary Heater's figures show that the crop of 1906-1906 was the second largest crop on record, showing na It does a de crease compared with 001*1901, wheu tbo crop was 13,665,8*5, of 2.219,897 bales. Previous bumper crops were: In 1897-1898, 11,190.964. and In 1898-1198. 11.274.640.. Secretary Heater will Issue hla annual re port. covering exports, details of southern consumption by states, progress of the mill lng Industry of the south, world's con sumption of American cotton, etc., next Tuesday. 8ecretnrjjr Hester's visible supply of cot ton of the world for the week ending yes terdny shows a decrease of 84,880, against decrease of 12,134 last yenr, and s dccreai of 27.064 year before last. The total visible Is 1.790,027. against .. 875.764 last week. 2,558.361 lust yenr nnd 1.121.251 year before last. Of this, the total of American cotton Is 958.927 ngalnut 043.767 last week. 1.643,861 last year ami 474.251 year before last, and of all other kinds. Including Egypt la u. Brasil. India, etc.. 887.000, scainst 932.009 last week. 91“ 000 last year and 647,000 year licfure Ihst. Thu total world's visible supply of cot ton ns above shows n decrease compared with last week of 84,880, n decrease com pared with last yenr of 707,434 and an In crease compared with year before last 46,000 last rear and 55,000 yea In India. 627.000, against 615.000 last year nnd 330,000 year before Inst; and lu the United States 303.000. against 464,000 last year add 161,000 yenr before last. SEASON OF 1905-6 ENDED YESTERDAY WARE & LELAND’S DAILY MARKET LETTER New York, Sept. 1.—London dis played steadiness and arbitrage houses bought Union Pacific. Transactions were rather light during the first hour, only 133.000 shares, but there was buy ing of a good character in the Harri- man Pacifica, st. Raul and Union Pa- efle. The Steels were Inclined to hold off, waiting for the bank statement that made h most remarkable showing, con sidering the loss made by tbe banks, reserves decreasing only 61,420,000, leaving surplus reserves at $2,869,000, mans decreasing $7,393,000. The mar ket was quite active during the last half hour, with Union Paclflc In the lead. It rising to 194 6-8, driving shorts to cover, as well as In a number of the jetlve stocks. There was good buy ing of Steel, also of Amalgamated Cop- per and Anaconda. Sentiment was bullish on the belief that large gold engagements will be announced Tues- huoyan*t an< * ***• c * 08,n * wu Quite n i^J c, Jgn. Kept. 1.-Offerings of wheat were nn ' 1 September aborts covered Htfrraiy with several brokers also buy- SE.™ ! no " f h and selling December. The J n September was quite pronmine- rV°n talk of the month being tied up to US extent. Tbe visible Is expected to !SV ' of 600.000 to 750,000 bushels, I ni the IhiII element was somewhat cnconr- •*wL m .V r **!!* 'hanging outlook with the ggW 1 ** th «t more activity will !h* wit- dwT 1 . 11 ,I "' ,,#,nr Mature. Kepteinl»er aborts “ ot »" stand over the holidays and rvTu/f r ? 1, thereby reducing the (11*1 K" 11 f hat month, but at the same time liTS?. n, »t la* said that baylug of Decern- Ihm-TxS nf A steadier tone, to prevail, nnd It Is pnsal- th# may be worked up during rVn n,l ."‘ r wk. there r.*** " f ^ or ? practically nothing, and m«h »,«* biiy|t)g i»f Septeml»er by fid u 'T: with offerings rather light; In ^ntlmwt was less pronounced Mar kini* 1 "PPfs red. eajieciaily In the for .S ' 1 Wr * rc rather Inclined to look . ‘"jPrwemeat In prices. nnaiiM ,rr vn . trtr P®®Pl® do not know of plain ' '^trrinratloiiin oats. A few com- r 't*appointing quality, but thresh- New Orlcani, Sept. 1.—The Tlmes-Demo- ernt says: The cotton year terminated with crop prospects good, prices fair, the world' trade In manufactured goods large, but with a radically curtailed public Interest In the s|>eculatlva side of the staple. Early In Pecemtier 13.45 was paid for the May op tion. l*nte In August the Octolier option told, as low os 8.89. In 1906 May sold ns high aa 11.20, while October sold os low ns 6.75, Jnnunry touching 6.28. The high and low range for 1904 was: July 18.14, Decern her 8.96. These comparisons prove little more than tbe fact that when the gambol ing lambs nre awu.v the gnats manage to play the game to s finish, with dno regard, of course, each for the other's horns. Yesterday's cotton market waa n fitting flunie to a season which Included many week of singnlnr dullness. Covering over the holidays and precautionary measures against the coming bureau report gave tone nnd stiimlnn to the trading at times, though the close waa well under the pre vious day's last figures. The season ended with December contracts at New Orleans quoted at 9.01. while middling spots had de cllned to 9 3-16. The movement of new cot ton and the development of more definite knowledge as to the magnitude of the yield the line of least resistance led prl ward. Humbug reports about (Inlveston crop estimates were fully exposed, the weather was in the main favorable and the crop reports Issued by the Journal of Com merce. Hutton A Co., K. M. Ulles nnd Norden A Co. were not of a kind to stimu late the market, although the newspaper mentioned states that the deterioration III report then Issued. The weatl wet blanket and all the anxious shorts seem to have got under cover. Koine commis sion housea favor buying for a tarn Immune they think the short side has lieen overdone, but the great majority of the trade are as bearish as. ever. A few September notices Issued had no effect. Room traders tried to lift ihe market, bnt after tagging I effectually for a while gave It up. Th< „ were encouraged to drop their load by the New York exchanged estimate of the Inst crop at 11.225.000 bales raised under rendi tions which led ninny to expect n much smaller yield. Bears believe In some cases that tbe present crop Ir nearly 2.000,000 bales larger than the last one.— (llbert A Clay. THE DRY G00D8 MARKET. * New York. Sept. 1.—The dry goods mar ket bolds steady as to prices, but with a slightly lessened trade as tbe holiday ap proaches. lng return* mostly up to expectations. There was good buying of the fir* —* the crowd was bullish with srllli ed to more of an extent than witnessed In aouie time. We look for higher prices and favor purchase* on recea- •Ions. The market for provisions waa < _ while, aome changing taking place, hut to ward the dose leading packers bought lard nnd rll*. A good cash deuimd Is reported, and we look for firmer markets. Tbla board stands adjourned until Tues day next. GIBERT & CLAY W *■ ALABAMA I STOCKI, BONOS. COTTON. CRAIN. COFFEE, PROVISIONS ATLANTA. OA. •atli Code. Exehange.lN’eiv Orleans Board of Trans.[Galreaton Coltoi Board of Trad*. * "otton Assortstlna Cottoa Excbangk Bxctiao*».|\rtT i i PrlTBte Wlrra fo all Excbanm. “«*! and Lons Dlatanoo TaUphon. 6298. W. n. PAGAN. Manapar. ALONZO RICHARDSON & CO.. PUBLIC ACCOUNTANTS AND AUDITORS Empire Building;. Bell Phone. Main 858. ATLANTA, GEORGIA. Cbtragn A Groat W'n Chic., HU. and 8t. !> Iirlatrare A Htidaon Iilatlllor'* Hccnritie* Erie do. preferred General Electric Illinois Central mmol* central American lea Securities Louisville A .Vaahvllle Mexican Central Mlaaonrl Paclbc Total atiwli aalea today LK.imt share*. iWt -IS w MH 3* NAME OK STOCK. N. Y., Out. ft \\’—tcro.......... National Lead Northern Pacific.... New York Ceutral Norfolk k Western I'ejinsylvanln CiHipIe'a Oita I'reaaed Steel Car do. preferred Pacific Mail do. preferred,, Slow Sheffield Trim. Coal k Iron Texas k Pacific................. Union I'ad tie United State* Steel do. preferred Western Union Wabash - do. preferred.. Wisconsin Centra! do. preferred ,535 sa • w ea & ta NOTES ON GRAIN Pointer* on ProrlalonL Private Wire to Ware & Leland. Chicago, Sept. 1.—Aa aoon aa early liquidation of September wheat la over look for a firmer market In wheat. Rerelpta In com continue liberal enough to depress September com. Reported to be 3,000,900 wheat deliv ered on September contracts today. Minneapolis stock of wheat decrease 200,000 for one day. Several brokers trying to buy Sep tember wheat. The deliveries have been a surprise and the wheat landed In a place where It Is supposed to be tied up. Wheat acting heavy for December, one local,operator hero lias been a very heavy seller and crowd don't want It. Provisions dull, but fairly steady. Almost no trade. Wheat trad* har* la changing. Chicago Inter-Ocean: Com In Oma ha broke J-4c yesterday and Septem ber closed at 43c. Cash business In wheat to Chicago yesterday waa only 15,000, all the cash handlers reporting the demand poor. Sales on corn were 100,000 bushels and oat* 135,000. At the seaboard exporters sold 90,- 000 bushels wheat and 90,000 bushels oats. Charters were made for 70,000 bushels com at 1 5-0c to Buffalo. More returns from the threshers In the northwest were received. A num ber of them came from points where conditions were said to Indicate light yields. Frederick, S. Dak., says the average of epring wheat will be eight bushel* and durum 15 buahels. Aberdern says the yields are lea* than expected. Larlmore, N. Dak., reportod 072 bush els raised on 30 acres or 22 1-2 bushels per acre, and 725 bushels from 20 acres and 251 bushels from six acres. All graded No. 1 Northern. Grafton, N. Dak., reports yields of 15 to 18 bushels. Winnipeg reported yields of 20 to 22 bushels per acre. The Inspection of grain by. cars at Chicago for the month of August was 7,687 car*, the largest for the same month since 1902, while of com 4,814 cars were the smallest since 1903. Oat* were nearly 900 cars leak than last year. STOCKS REVIEWED BY NEW YORK SUN Now Y'ork. Bopt. 'Tha Ann aaya: BualnoHfl on the stock exchange was •tunller yesterday than for any previous seaalon, not even excluding the Saturday a, since the declaration of tbe llarrlnmn div idends. nud the trading was of purely holi day character, as ninny of tne trsdera had plans to leave town, and under the circumstances did not care to enter Into any new commitments. The high rates for money naturally restricted timing, sa much ns 12 per cent being paid for call funds to carry over until Tuesday, while tbe time rate was firm at 6 per eent and s commission. No definite announcement was made regarding engagements of gold for IiniKirt, although It was generally expect ed that nil Improvement will begin within few days. Estimates of the amount ilch might tie Imported Itefore the end oi next week rsu ns high ns $15,090,000, although In conse.wstlve quarters It was said that the actual figures might amount to little more than half of thla total. Union Pacific was the only really notable feature In the day's trading. o|»eulug 1% iits from last Thursday's dose, while no other Important stock was the rice changed more than fractionally. Thla me rose to nearly Its high record level d retained Itft advances well, but with few exception* like At. l*anl, Southern .aclflc and New York Central, stocks, as a rule, sagged slightly ou accouut of the dullness which prevailed. Erie'* pre liminary annual report showed 2.1$ |>er cent earned on the common stock, the gross earnings lielng the largest In the history of the rood. THE WEATHER. LOCAL FORECA8T. WEATHER IN WHEAT BELT. Extrrina Nnrthwral—Partly cloudy; 41 to 44 sliovc: general rains. Northwsst-I-srtly cloudy; 02 to 00 above; local rains; now rslnln* st Huron. West and Boulhwc.t-Grticrslly cloudy; 04 to 72 shove; local ralna lu Kansas. Ne- lirsska. Iowa and Missouri; now rslnln* In Oklnkoms. Ohio Vslley—Generally cloudy; 03 to 00 above. WEATHER FORECAST. iintiiiT, 11*111, 7nri»inc nimia. Western Texas—Local showers Saturday •nd Sunday. Arkansas—Local rains Saturday and Sun- Veatern Florida—Showers Saturday and ern imrtlon. Indiana—Partly cloudy and warmer to- night. Wisconsin—Showers nnd warmer tonight; Sunday fair; cooler In west; showers III east portion. Minnesota—Show’ers tonight; cooler In west nnd wanner In east portion. Iowa—Showers tonight; warmer In central ant. east portions; Sunday partly cloudy nnd cooler In west portion. Missouri—Showers tonight nnd Sunday; cooler In the northwest and west Sunday. Karans—Fair tonight nud Sunday; cooler Sunday In north portion. WEATHER CONDITIONS. TIPS FLASHED From Wall Strct of the eastern over the Ohio valley nnd the firent l*nke*. This "high” hss moved eastward during the last 24 hours, causing lower temperature nt stations In the Ohio valley and the north east. Following In the wake of the "high' Is sn area of low pressure central lu North Dakota. The weather Is mostly fair this morning. Huron. S. D., being the only point nt which rain waa falling. Showers have oc curred In the lower Missouri valley, por tions of Texas, throuchr * ** south bams. The conditions favor partly cloudy weath er In 1hl« section tonight and Sunday; not so warm toulght. COTTO.I REGION BULLETIN. STATIONS OF ATLANTA DISTRICT. ^Atlanta, dear. . . . H'hatlauoogii, clear. . Uotumbus. cloudy. . . linlneavllle, dear. , . (IreenvIHe, clear. . . Griffin, cloudy. • • • ’Macon, clear. . . • Monticell,», dear. . • Newnnn, cloudy. , . Home, clear Spartanburg, dear. . . Tnllnpoom, clear. . . Toceoa, dear West Point, dondy. Max. Min. ”87 7T “•Minimum tciniH-raturos nre for the il’- hour period ending at 8 a. m. this date. HEAVY RA1NKALL8. Ht. Matthews. S. C Ballinger, Tex.. .. : Stillwater, Okla.. ..1.50 ..1.94 ..2.84 CENTRAL STATION. WEEKLY CHRONICLE’8 REPORT ON WEATHER New York. Sept. 1.—Our advices by tel egraph Inst evening Indicate that mlu has fallen In moat section* of the South dur ing the week, but that, except In some Atlantic district*, the predprtatl»u has, lu the mnlii, lieen light or moderate. Far ther deterioration Is claimed In Alabama, and complaints of damage by IniII wee vil* aud IhiII worm* come topa Tex** From other portion* of the cofton tielt onr reports are more favorable on the whole, P! • ‘ * " Atlanta. . . . Augusta. . . . Charleston. . . <4* Ires ton. , LltUe Hock. . Memphis Mobile Montgomery. . New Orleans. , Oklahoma. . . Snvnunnh. . . Vicksburg. . . Wilmington. Dlat. Averages. Max. Mlo. «r SO 111 sections.—Ollwrt t THE COTTON 8EED OIL MARKET. New York. Sept. 1.—The market for cot- ..m seed oil was fairly r “ with a good demand for L_ , leading refining Interests. More attention wns paid to tne question of small storks and predictions of light supplies during September, while the hulls are predicting that there will be very little new oil In this market even In October, dae to the goool demand for oil elsewhere, and reports that the crop la from one to three weeks Iste. The msrket st.tbe close was firm, with prices unchanged to ttc up. Kales for the day totaled 4.800 iHirrels; September, 800 at Httc and 1,400 at 86tte; October. 600 t 32ttc; November, 700 at 80c: Decemlwr. .,nno at 30e and October additional 800 Ot 82V*.—'Ware k Leland. THE COFFEE MARKET. Following Is the opening range and dose J tbe New kork coffee market tor to day: i January., T ladtcatc* laapprrrtahl* rainfall. REMARKS. * pm ilurtna Hi. pn,t 24 nonra. iininraii ocrnrrrtl tfvn.ralljr vxcpt In Momphl* ami Mill. Itovk illatrtrt*, ific • moniit* twin* Inanpnvlshl. In .Wolitlv, N.w Orlasna amt Ylrk*tmrjf illitrlrts. Ilnavy rains fell In lurllons of South Carolina, Tcaaa and Oklahoma. Private Wire to albert A Clay. New York, Sept. 1.—Marshall, Spader A Co.: Today’s trading will probably be of a pre-holiday character and with the Improvement of the monetary alt' uatlon next week, which, we conn dently expect, stocks. In our opinion, wilt sell much higher. Gates buying Atchison. Would not be surprised to see the market cell off a little today -owing an evening up process over the holt day*. Would buy rail* on recessions. The New York Financial Bureau aaya; We look for rather a quiet mar. ket today. Provisions will probably try to lower the Hat on account ot the holiday. , If the banking support evidence yesterday, showing a sold out appearance, should be withdrawn, the professional operation would sue ceed. We do not believe anybody but insiders will care to carry oyer much stock. We advise against It. Develop, ments over night do not seem to us add anything ot Importance to the gen. eral situation. The bank statement to. day ought to be a bod one. Manlpula. tlon there, however. Is Just as prob. able as it Is In the money and stock markets. We are not of the belief that a real bear market Is possible on account of the strong bullish funda mentals, but we are convinced that If the money situation Is ns bad ns looks no bull market is likely until aft er the crop movement, and thla month the strongest demand for funds la felt. Private Wire to Ware A Leland. Chicago, Sept. 1.—Not much change In London, but n very poor hank state ment can ho looked for .that will be offset by engagements In gold that are expected to appear In large volumes Tuesday next. Rather expect a quiet market, although there are Intimations that Union Paclflc will be active. In the event of a sharp decline today would favor taking on good stocks. Dow-Jones Summary: National City Bank engages 3500,000 gold In Paris. Secretary Root arrived In Chile. Bishop McCabe, of International pol Icy holders* committee, approves man agement of Mutual and New York Life. McClellan comes out for Jerome for governor. Annual report of Canadian Pacific show* about 10 per cent In surplus and equities for new common stock. n seven month* Twin City has earn, tf 4 1-4 per cent on common. Gold engagements In London expect ed on Monday. Krtc net earnings for July Increased $130,000. Erie annual report ahowa true earning capacity for year ended June, 1900, waa at least 4 per cent on common. Twenty-eight mads for July show average net Increase 13.71 per cent. Thirty-nine roads third week In Au gust show average groaa Increase 13.90 per cent. Dun's Review says outlook becomes brighter each week through moat en. couraglng crop reports. .Bradstreet's says moat leading mar. kels report buyers present In unprece dented number*. Banka lost on week's currency move ment 10,781,800. Twelve Indualrlala declined .30. Twenty active railroad* declined .14 SOUTHERN EXCHANGE Oldest Established Office South. COTTOU—STOCK BOHDS—GRAIN Ground Floor Gould Building. Dally market letter nnd market manual mailed on application. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Correspondent's Capital $250,000 RErCRCNCC, THE NEAL BANK PHONK 1417. PRUOCNT1AL BLOC w Yatk. Hew Orltiat. Chin, cottonVgra^, Provisions,Htocks^bonds, he. 2 Wall SI., Peters Building, Atlanta. Ca. T Util BISS: ’ haw Yark Cation Eicbaaae. Chicago Board at Trade. Hew Orleans Coflcn ! • h Jijr Chicaoo Stork li'.hanqe. Urarpaat Caltaa isaaelatlaa. • haw fork Coffee iaekaaaa, ftltale Wires la hew Yatk, Hew Orient. Chicago. B. C COTHBAN. Manaotr. Ball Phene 1242. Standard Phene W. isxr u&b 3lrab , .7:::: v: Jane JTje* August. -ii--- Hc|»ti'mtM»r 5’i Ortotar 6.39-6.S N*»»etulN-r #• ......6.894.19 larcrailirr.. . . • • • ..M04.fi Closed steady. (.556.66 (.694.65 6.66-6.7® 6.704.75 UM.fi 6.86-6.90 6.994.96 6.164.25 6.254.31 6.9)4.35 4694.45 HUBBARD BROS & CO •j mSants Atlanta Offices, 219-221 Century Building. Members New York Cotton Exchange. New Or leans Cotton Exchange, Liverpool Cotton Asso ciation, Chicago Board of Trade, New York Cof fee Exchange, New York Produce Exchange. Business solicited for the aboveexchanges. Direct wire service. Correspondence invited. Phones 454, Long Distance 39. A. S. Hustace, Mgr. STOCKS CONFUSED AT TK OPENING Initial Prices Were at De clines in Some of the Issues. ' OTHERS WERE HIGHER Bank Statement Was Better Thau Expected—Clos- in Prices Buoyant. Ur Private Leased Wire, New York, flept 1.—That today's clear ing house flgurca at all told the truth about tho local hanking position la ottremely I to hellcro. Home 16.0)0,000 remained i from laat week, which waa not ahowu In laat Rnturday's currency loaaea. In addi tion. the known movement! of money for fa® preaent week •piiwi.l on outgo of, at lenat, 38,600,000. In face of all thla the statement today puta entire raah decrease at only 14.300,000, and loaua haring iloereaa- ed 37.400,000-thnnka to the liberal oaten alon of foregn credit—surplus reaerve li lowered only 31.420,000. Even during the eorly part of tho stock exchange session this morning, the tendency waa strongly upward. There was no sell ing pleasure In any quarter, while certain stocks worn ataadfly absorbed at the rla- ng price*. Aftor the appearance of tha hank figures, tho buying In Union I'aclfle, New kork Central, Southern l'aelOe and Northern l-aelflc Ixjcame extremely couth dent, and the whole Hat started Into a ronaldorable degree of activity again. Union I’aclfle sold at a new high record, and purveyor* of Wall street aoealp aoem to have fastened on New York Central na a prnmlslug subject of attention. ed aud atrong, with GIBERT A CLAY'S DAILY STOCK LETTER New York. Sept. L—Our London ca ble* state that money was unlendable at the cloee. Discounts were easier. During the second hour of our trading decided etrength waa displayed In New York Central, Steel stocks, especially the preferred; Reading and Southern Paclflc, while Union Paclflc took com mand as a leader and advanced to new high records. Shorts ware driven to cover, not caring to take the risk nf large gold announcements being made between now and the opening Tuesday. The bank statement was better than expected, and tha stock market re sponded readily and tha Hat was again taken hold of and advanced. During the laat few minutes, however, under realising, the market sold off somewhat. We expect the monetary situation to make material Improvement next week and believe we will see stocks at much higher figures. COVERING LIVELY BY WHEAT SHORTS Did Not Care to Carry Lines Over Sunday and Holi day Monday. OFFERINGS LIGHT The Opening Was Finn and Closing Showed Sharp Advances in Cereals. Ily Private Leaaed Wire. Chicago, Sept. 1.—The markets on the board of trade were nervous, tho September wheat situation being to the liking of tt)* bulls, and It closed 1 l-8c higher. The other months In wheat were up l-S03.Sc. Corn closed 1-101-Sc higher. Oats were S-Sfplc higher. Provision* mainly 2l-2c bet ter. ■Cash aalea her* were 132,000 bushels wheat, 40,000 corn and 145,000 bushels oata. Transactions at the seaboard were ■lx loade wheat, two of com nnd 75,- 000 buahels oata. Primary receipts of wheat 444,iwq bushels and of corn 604,000 bueheia. compared with 1,018,000 and 5S'>,000 bushels, respectively, a year ago. Clearances were 352,000 bushels wheat, no com and 3,100 bushels oats. CHICAGO GRAIN MARKET. —lleago for today _ _ Prevl,,.,, Open, High. Low. Close. Cloao. T— THE 1HADD0X-RUCKER BANKING COMPANY, with capital, surplus and shareholders’ liability of $900,000.00, solicits ac counts of individuals, firms and corporations. Idle money waiting an investment can draw S1-2 per cent interest in onr Savings Department—with drawal any day without notice. "* 771 Se t si i OATS— RS!:::S:8 S:B 8:3 LARD— Tsil 31 tt 33)1 Z 0, 4 33^ SE 1:2* t» 1:3 S:$> m Jaa.... 7.9134 7.9734 7.9334 7.9734 T.» w ■■ !-n» HIDES— kept... 1.71 1.19 3:71 1.80 Oct.... 1.70 8.7234 8.70 8.7234 *.7:< Jan 7.a 7.25 7.2234 7.3 7.2-'>, CASH WHEAT— No. 2 red 71>ie72',l: No. 3 do 71«71*4; No. 3 hard winter 7034; No. 3 do 70'370!j. LIVERPOOL GRAIN MARKET. Wheat-Opened 44034c lower; closed '.9 34c lower. Corn-Opened 340340 lower; closed ' s 9>,c lower. NORTHWEST CARS. The following flgures giro the northwest cars today, last week aud last year: tail Last Today. Week. Year. Minneapolis. ...... 7 is :i Duluth. CHICAGO CAR LOTS. »*( !.i:: I.F Today. Tomorrow. 8000 Wheal Corn. | onta.i Hog* NEW YORK BANK STATEMENT, Reserves. Ixmds. . ttpeele. . M I'-l-i .... S-l*) 11.7JI.IW0 6k,800 ATLANTA CLEARING HOUSE STATEMENT (Darwin O. Jones. Mgr.) Clearings for today, Kept. 1 $ 6ia.9ie.J4 Corresponding day last year 51TA13.su This wash. *.003,744.75 Corresponding week laat year.... 20 ATLANTA NATIONAL BANK ATLANTA, GA. C. E. CURRIER, PrtaldenL A. E. THORNTON, Vlee-Prealdent H. T. INMAN, Vice-President. GEO. R. DONOVAN, Cashier. JAMES B. FLOYD, Aee't Cashier. Capital Surplus and Undivided Profits.. We Solicit Your Patronage. $500,000.00 $500,000.00 32 /o Compound Interest Is the 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 eall and Inspect our quarters and Investigate our facilities to serve you. A hearty welcome await* you at this J?ank. * A8A G. CANDLER, President. W. H. PATTERSON, Vlce-Prej. A. P. COLES. Cashier. JOHN 8. OWENS, Vlce-Pre*. WM. D. OWENS, Asst. Cashier