The Atlanta Georgian. (Atlanta, GA.) 1906-1907, September 05, 1906, Image 11

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THE ATLANTA GEORGIAN. 11 fiillS IN TEXAS Cables From English Mar ket Were Better Than Had Been Expected. gpOT SALES INCREASE jjverpool Closed Firm and Sharply Higher—N. Y, 12 to 14 Points Up. BI ’sepT*L^Thu undertone of the >'* at the outeet wee verjr «0tt«» nrlcee wore 2 point* lower to •tMjf- h ibor nnd nfter the cell the list •ji’ .m’w uolnt* on food boyln* for south- "Vlmii Tto rein* In Texee Influenced w«'“"C?,.. for the south. There wee *n saHL^ t, “ and ,n _ r trernool tnerket we* better than due . ’Ef.h droirttnent* thl* mornlnjr, spot he ft '^.M S notut* up nt 6.36d for middling. M ihoSSng eu 1 Increase amounting to h ^«k. r ture. opened 4 to 5 poTnt* 2'ifwKme. they were due to come 1 points ‘W.'li-s from that center state the adrence t, dne to unfavorable crop advices from opening la New York prices were • illnti lower” o f points higher, being In- lag* by'cables end the relu* In Texas, lltuudar prices were from 13 to 14 point* Athir than Frlilay’s close, with tho tone * b The Improvement after the open- fi, MS aided by good buying by Frit '"veiling notice of a tropical atorm near the gulf const was sent out” this morning. Th^weather map show* heavy rains over the western cotton trelt and light ahowers In the northern imrtlons of the eastern belt. The western belt needs rain. Kollowinn ore the est mated receipts to- morrow at tho principal markets, os com- fls!rerto““'• 6.M0 to 7,500 Sicct onstnni . ...... 6,700 to ».!00 10,409 The cloee was steady, i to 14 points higher than Inst Friday's Anal. SPOT COTTON MARKET. Liverpool, spot quiet. with prices steady; middling uplands &.36U; sales 7.000; Ameri can neb; speculation and export 600; re ceipts 3.000; American 3,600. Atlanta, quiet at Mi*. New York, quiet at 9.90c; delivered on Centract 700. . ..... New Orion ns, steady at 9 316c. Augusta, steady at 93-16C. Savannah, sternly at 914c. St. Louis, quiet nt 9c. Macon, quiet nt 9c. Norfolk, atondy at 914c. TODAY'S PORT RECEIPTS). The following tabia ahows receipts at tha NEWS AND GOSSIP Of tho Fleecy staple. Private Wire to Glliert & Clay. New York, Sept 4,-Llvcrpbol opened I «fl lower from Friday** close, which la about as expected. . 6 . ■ereral report* of too much rain In Texas, aud nlao that the boll wee- r/tory* croMod Hod r,ver ,uto ^dlaa Ter- The Journal of Commerce aaya: "The active operation* of buyers during August disclosed a scarcity In the supply of gray good* of print cloth yarn construction, giuBlinms, bleached goods, tickings, aev- erni lines of colored goods, hosiery, some lines of napped goods, aud In the gen eral division of fine goods for spring use. The consensus of opinion appears to be t “ fct *hj* .condition Is dne In large part to a restriction of production consequent on labor conditions, briefly summarized as ’an unwillingness to work.’ This restriction has been greater than buyers and many sellers suspected, and Its force has been felt because the demand for goods has come with a rush In the past live weeks." Liverpool entiles: "Strength is due to the unfavorable advices from Texas.” * ' ra are good buyers, ] unfavorable Texas — .— %u e unfavorable Texas ports and large local speculative short terest, think the market will do n~ little better. New Orleans. , rains In north Texns, extending to tho central part of the state, which will prob- • k, T do some harm. verpool has regained about all that was lost on previous sessions since our close on Friday. Private Wire to Ware & Leland. New York, Sept. 4.—Liverpool futures opened steady 2 up on near and unchanged on late. At 12:15 p. m., 4fj5 down and steady. Sales 7,000, spots 5 up at 5.38d. Futures due to come 3 down. Mitchell a big buyer. Hentse and lo cal shorts have been big buyers since the opening. New Orleans, Sept 4.—Market steady. Buying seems about evei Tided between the two accounts. Prices are J r sensitive to reports of crop damage, any operators believe that the up-turn that generally comes In August, and which failed to materialize this year, will “ien this month. The weather map shows heavy rains over the western cotton belt and light showers In tho northern portions of the eastern belt The western belt needed ralq. | WEATHER IN COTTOfTBELT. Edited by Joseph B. Lively MARKETS Mr. Lively', twsnty.flve years' experience of ed iting markets In Atlanta nnd the 8outb hss msde him s recognised au thority In bis specialty. TIPS FLASHED From Wall Street. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAMK OF 8TOCK. Texas—Houston, cloudy and warnu PM is, dondy i * •* ** Fort Worth. t cloudy _ nnd pleasant, rained all nights ‘ -a... -flag. 1ns, cloud; , Fort Worth, rained all night, still ralnl__. Sherman, cloudy aud warm, rained all yes terday; Temple, cool, hard rain last n* Trier, dear aud pleasant, light rain ~lght. Mississippi—Hattiesburg and Meridian, clear and hot. Alabama—Birmingham, dear and warm; Mobile, clear and warm, some rain yester day; Montgomery nnd Opelika, dear and hot; Troy, dear nnd warm. Georgia—Columbus, dear and hot. North Carolina—Greensboro and Raleigh, cloudy and cool, ralnsd yesterday after —on. WEATHER IN"WHEAT BELT. Now Orleans. Galveston. . . Mobile Savannah. . . 'hnrleston. . . Wilmington. . INTERIOR MOVEMENT. Houston. . , .»!a. . . Jfempfofs. . WARE & LELAND’S DAILY DAILY MARKET LETTER New Orleans, 8ept. 4.—The market for w ,, » nnd a very good undertone today, which was due chiefly to reports of crop de terioration from Texas. Heavy rains over Texas on the weather , map added to the Wen that tho crop was not doing well In hat state nnd caused considerable fresh 1'iiTing. nn the opening an accumulation H T i ns nrders had to l»e filled, which •t«'[W Prices and stimulated Liverpool to J'l'l to nn advance that was none too great tar yome time previous to the opening of 2rf f toctl market. Toward noon the market t<v>k on groat steadiness and prbvs went «P for an advance of about 16 points, when '•mparwl with the Anal prices of las: week. h.m f r r " ! u ' mml Utrwres strengthened thf ?2*I" l^rition considerably, for they show' I»n n ,Jn ur!l lnr 8 pr consumption than wai JJJff* y ** looted. Tbs weekly crop re- SSL™ *l**htlr better than expected. Arknnai* thov i P°«* of too coId nights lu SlriS*’ un " r " ,omib,3r w#r m days In Cl — pa and n serious drought In north n usHeater mail, the "" p _ H.646.M9 bales, sgnlnst 13.6N.000 Isst W l,n w *. pn« nt 12,160,000, •PUnst 1 LS3S.0* last year, or sn sxccss of MS1MI tff*- taking, svi.ro put at 12,- Sg® In Isa, aaRlnat UM6.000 last year, full. .i iri '' nn consumption carried ‘ *° r *lrongesl claims of the bulla u2*rn& rt . s 'Pt- 4.—Developments ovsr nut.M. 2? , .s w ' r *. of .rest Importance E'lSJf 'he sale of the Pennsylvania of sm i ,?, .; 1 " 1 0,1,0 »n<l Norfolk and West- Cl-™' Jh» second named stock was the L, 5™ of tho market, and It wss report- thi. * .’'tn* favorable developments In ^"“cetlon might Iw expected. The Bast ’!'** v«y Irregular after opening s«r r .F* 111 the feature on the Ini' approach of the Ilarriman-8t. I*anl "nnouneement, ns proflt-taklng sms qnlt.n general, and the dealings Ins “ ni, »ed. The public le trad- K,?** 0 »t of the market, while the pmr wl. nnls on and off the floor are In- ™»6I to Ml short for tt turn. We rec- sltlon liofc your attention tho neutral po- ElraJ'S w " , r ll, »« for speelalty advanees »"ler to make long turns. By Prti make long turns. LIVE 8TOCK MARKET. ">e leased Wire. “ Sept, . 4.—lie Eellmated re- SlVr*. '«j»y’ , ®W 4 ' M*rSrt, ,! fls«i on,u„ ^cboltC^ivy Extreme Northwest—Generally fair, 38 to 56 above. Northwest—Clear, 46 to 68 above. West and Southwest—Generally cloudy, 48 to 68 above; local rains In Kansas, Missouri and Illinois. Ohio Valley—Generally clear, 61 to 73 de grees above; local rains. WEATHER-FORECAST. Louisiana—Showers nnd thunder storms Tuesday nnd Wednesday. Georgia, East Florida and West Florida— Occasional thunder storms Tuesday and Wednesday. Mississippi and Alabama—'Thunder storms Tuesday and Wednesday; cooler Tuesday. East Texas—Fair in south, showers In tbs north portion Tuesday and Wednesday. West Texas snd Arkansas—Showers Tues day: Wednesday fair. Illinois nnd Indiana—Fair tonight; show- era in extreme south; warmer north; tomor row fair and warmer. Minnesota—Fair tonight; warmer south; cooler north; Wednesday cooler In north. Iowa—Fair aud warmer tonight. Missouri—Fair tonight, except showers In ATLANTA MARKETS. FRUITS AND PRODUCE. Atlantic Coast I.lnc. American Sugar Itef Anaconda American Loeoinotlve do, preferrs-l American Smelting ltef do. preferred Atchison do, preferred American Cotton Oil Am. Car Fonndry llaltlmore A Ohio Brooklyn Rapid Transit Canadian Paclfle Chicago A Northwest'll Chesapeake A Ohio Colorado Fuel A Iron. Central Leather do, preferred Chicago A Orest Chic., MIL and St. P.. Delaware A Hudson... Distiller's Securities.... Erie do, preferred General Electric Illinois Central American Ice Securities Louisville A Nashville Mexican Central Missouri Pacific Total stock salea today l.ri£l . Out. A ' National Lead Northern l'aclflc New York Central Norfolk A Western Pennsylvania People's Gas Pressed Steel Car preferred Paclfle Mall llendlug shares. Reading Republic Steel Rock Island do. preferred United States Rubber do. preferred Southern PuetiUt Southern Railway do. preferred 8loss-8heffleld Tenn. Coal & Iron Texas A l’aclflc Union Pacific United 8tates Steel... do. preferred «... Va.-Car. Chemical do. preferred Western Union Wabash do. preferred. Wisconsin Central preferred I NEW YORK. York today? oct!’: Nor. . Dec. . Jan. . Feb. . March. Ma; 6.641 8.78 8.d 9.00 8.90 9.06 9.00 9.21 9.10 9.29 9.15 9.16 9.24 9.40 lav. . . .| 9,311 9.48 Closed steady. ill ! Ill 72|T7iT4lT^67 9.16 9.16| 9.80-32 LIVERPOOL. Following table gives opening range and close, compared with yesterday's dosing:* Futures opened steady. Opening Previous ilango. Close. Close. 4.96 -6.01 4.86 -4.91 . ...4.86 -4.89 . ...4.86 -4.89 ....4.87 -4.9U , ...4.89 -4.92! . ...4.90H-4.96 . . .4.92 -4.97 . ..4.9SV4 4.06 -6.00 September. . Sept.-Oct. . , Oct.-Nor. . . Nov.-Doc. . . Dec.-Jan. . . Jan.-Feb. . . Feb.-March. . March-Aprll. . Aprll-May. . . May-June. . , Closod firm. 6.06 ffl 1:8* 4.S3 1.86* 6.00 iSg 6.02 4.90H 6.03Vi 4.92 6.06 4.92. NEW ORLEANS. turea In New ' ill j a l III Sept ... ,| 9.16| *.16| 9.161 9.16| 9.16-161 9.04-07 .Oct | 9.021 9.16| 9.02| 9.14| 9.13-141 I.OCMU Nov I 9.10| 9.101 9.191 9.10| 9.14-16| 6.00.03 Dee 9.071 9.17| t.03| 9.16| 9.14-161 9.014)3 fan 9.141 9.261 9.091 9.331 9.33-231 9.06-06 Keb 9.26-28 9.12-14 Mnreh. . . .| 9.24 9.36 9.S0) 9.341 9.32 34 9.19-29 Closed quiet and etondy. NOTES ON GRAIN Pointer! on Prorlglong. Private Wire to Ware A Leland. Chicago, Sept. 4.—There Is not much snap to the wheat this morning. It Is higher; still the trade Is small. Think conditions are very favorable for sn up-turn In wheat. World's shipments, Chicago board’s fig ures: Wheat, 9,240,000, against 9,994,000 the previous week and 9,664,000 Isst year; corn, 3,490,000, against 3,672,000 last week and 4. 264,000 Iset year. tlnlrss It gets outside heln, the market will break easily. It Is 74c asked now, and the crowd apparently have all they went. Oats opened firm on general commission house buying. Kldston fair buyer of De cember. There wss buying of January riba by commission houses, thought to be foreign account. Nearby futures dull and quiet, with light demand and light offerings Chicago Record-Herald: Dellveriea on Sep tember contracts ware 2,460,000 wheat, 6,000 corn, 1,100,00 oats, 90,000 rys, 3.760 pork, 4,750 lard and 3.500,000 ribs. Frailer, Woodbury, Jackson Booth a ‘ Wrens, glo. _ F*r, w mails ituBcuirnnm Bros., Bhcarsou Ham- mill * CO., and Bartlett-Frazier. Tbe oats were mainly taken In by Wells for the American Cereal Company. ‘ ‘ fr-Ocean: Now that Septem- art out of the way, the trade Is looking for a little rally In grain values, fldence In tho stal : opera toi blfity of wheat values wi ns. 17.751 Limes. 60<i76c. Inespples. II. ianauas, straights, ner bunch, |L6 Us. per bunch. $1.00«L2S. OULtBY AND COUNTRY PROD re heus, 354»37Hc; fries, 22V*628c; Cnl Is, Live . era, 15£22V4c. Live ducks, Pekin, 35c; pi Dressed bens, per pound, n, 26c. bunch, }L6001.75. s. Pekin, 35c; paddle. 26027HC. tens, per * —*•- Eggs, per dozen. Butter, table, ' 12013c. iund, 20O33V4c; cook- pound; In one-pound V fTg STAB L E g—I rl sh potatoes. loner, new, e, per noun 1, 12V4016C. • 8010c pou racks. stock. 12.52*4 barrel; ner bushel, 11.00. onions, 3c per pound: cabbage. lVfcc pound. New gweet potatoes, 60c bushel. FLOUR. GRAIN?PROVI8ION8. FLOUR—Posters patent, 15.75; Diamond patent, 86.10; Mascoutah Star. 34.10: fancy patent, $4-60; Red Eagle, $4.15; Blue hlbbor 8&90; fancy, $190; spring wheat patent, |5.< ®COitN—Choice red cob, 76c; No. 2 white, 71c; No. 2 yellow, 74c; mixed, 73c. OATS—Choice white dipped, 62c; choice white, 60c; choice mixed, 48c; Texas rust PI MEAL^'PIaln water-ground, per bushel. 71c; bolted. 140-nonna .ares, per bushel, 66c; hprts. white, 11.60; medium. 61.40; brown, 1.36; pure bran, 11.10: mixed bran, 11.01. I1AY—Timothy, choice 'arse bales, 11.10: do., cholco small bates. 71.06; do.. No. 1 timothy hales, B.00; lw. A H-00; do., No. f closvr mixed- 6L00; do., No. 3 etover mixed, 90c. CLOVER—Choice 90c. The above prices ar* f. o, h. Atlanta, and subject to Immtdlite^ifc^tUnre. very strong Llarket C'OFFEftRoasted Arbticklo'a (16.60. bulk, Jn bags barrels, 13c; green, 10O according grade. Market very strong. CHEESE-Fancy full cream dairy. 1474c; twins 14c: brick 14c„ Market strong. PROVISIONS—Suprem# hams, IV. Dovs lnms, 15Vic. California hams. 10V4c; llwl Cross bame, IV. Dry salt extra nhs, 69.76; bellies. 20-6 Ilia., 610.W; fat backs. V; pistes, V: Supreme lard. 69.76: Ited Cross, 10c. Snow Drift compound, 7Vic; Bed Cross, 7Vic, Cattle—Receipts 10,000. Market, light — *- quality fair; beeves . 4.78: heifer. 62.26® 6004.60; good prime steers to medium 63.604f5.25; stock KSL— — 6.2S: calves 66.1 66.3604.(0; poor “ *- ALABAMA I GIBERT & CLAY STOCKS. BONOS, r. COTTON. GRAIN. COFFEE, PROVISIONS ICMDERlt ATLANTA. OA. v._ „ . MEMDERSl , Jwk Stock Exchsngo.lNew Orlssns Cotton Exehsngs.[Chicago Board of Trads. ^ ori«n" isa and Lena DIsUno.TaVsphon^ 529M Kicl “ n ^; n. FAGAN. Maniflarw ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone. Main 858. ATLANTA, GEORGIA- la expecting a heavy ran of oats In th* Northwest. Hedging sales the past few days have been greatly reduced. The lake rates are lower, wltt charter* for 286,000 wheat at lVi01Vic aud 300,000 corn at Hie to Ruffalo. ■ _ Cash business In wheat In Chicago Satur day wns 280,000 bushels, Including 146,000 No. 3 hard ami 126,000 No. 2 red. Hales of com were 176,000 bushels and oats 146,000 bushels. The seaboard sold 96.009 bushels wheat, 16,000 coru vnd 76,000 bushels oats. decrease of 1,143 tierce* of contract lard snd 2,000 tierces other lard. Hhort ribs de creased 2,000,000 pounds and stocks of all meats decreased 7,306,000 pounds snd ire 94.411,000 pounds compared with 96,119,000 liounds last year. Minneapolis had 40 cars new wheat Hat- few spots and of 16 to 36 bushels In others. NORTHWEST CARS, The following figures give tbs northwttt ears today, last week snd last year: Today. Week. Year Siff'::;::: » » & DEMAND FOR CASH REPORTED BETTER Cables Were Higher and World’s Shipments of Wheat Smaller Than Anticipated. By Private Leased Wire. Chicago, Sept. 4.—Another plum was knocked down and devoured by the wheat bear* In board of trade. The continued “hedging" sales by cash houses and the backing away from the now crop by foreigners were the strong Influences. Closing price, showed wheat 5-8@3-4 cent lower; corn unchanged to l-2c off. Oat. 1-8® 1-2c lower and provl.lona 10@>3Sc lower. Cash .ale. here were 6,000 bu.hels wheat, 86,000 bu.hel. corn and 76,000 bushel, oat.. At th. seaboard two load, wheat and 50.000 bushels oat. word taken, but no corn waa reported. The visible supply showed decrease, of 1,176,000 bushels wheat and 249,000 bushels corn, while oats Increased 1,- 172.000 bushels. Primary receipts of wheat 1,081,000 bushels and corn 919,000 bushels, com pared with 2,095,000 und 917,000 bush els, respectively, the year ugo. Clearances were 1,323,000 bushels wheat, 76,000 bushels oorn and no oats. GOV’T WEEKLY WEATHER REPORT vailed. The rains were scattered aud light, except In the northeastern part of the state, wjiere they were locally heavy. The temperatures were uniform snd above the normal. Arkansas—The forepart of the week wns unseasonably cool, but the latter, part was warmer, the mean temperatures I wing tie- low the normal. Tho cool nlghta were unfavorable. Tnere was no rain, except In Hot Hprlnc and several northweateru counties. The dr/, sunshiny weather was generally favorable, except In the extreme southern portion. North Carolina—Weather warm nnd rainy during the forepart of week, nnd denr nnd somewhat cooler during the lat ter part of the week. Italnffall wns much above the normal, and caused s great amount of damage. The mean temperature was about 3 degrees above the normal. Oklnhomn nnd Indian Territory—Th# mean temperature was 2 to 4 degrees lie- low the normal. The precipitation wss shove the normal lu the central portion, snd geennUly deficient In the eastern snd western divisions. South CaroHaa—Heavy local ralna fell at -ldA»*senarsted i “ *' but nnd central nnd extreme northern coun ties. High midday temperature snd cool nights were the role. A warm wavs pre vailed from Tbursdn/ to Saturday. The weather was generally favorable. Georgia—The days -were unseasonably CHICAGO DRAIN MARKET. Open. High. Low. Close. Close. CHICAGO CAR LOTS. Today. Tomorrow. Whrat 93 M Cora 416 961 Oats 903 291 THE COFFEE MARKET. New York, Hept. 4.—The coffee market opened at s decline of 6 to 16 points In re sponse to lower cables and th* continued abeenre of news regarding the progress of valorisation. Receipt* continued large, snd while the fact that Karl Krlecbo attempted nn estimate of the Hraalllan receipts for September was probably dne to uncertainty over the effect or valorisation doveliqimcnts, there were many who liell.re.1 that It re flected the probability of sn abnormally henry movement —Glbert A Cloy. Following Is tho opening range snd close of th* New York coffee market for to day: _ Opening lunge. Close. ftBBr-«» March. 6.604.66 6.404.45 $fc. iSJS June flSiK !£MS Jnly *-76-4-6° 4.164.70 August.... . 6,80-4.10 6.764.90 September JSSiS JSSi 1 ? October . . ,6.104.20 6.064.15 November.... 6.164.90 4.164.20 December 6.264.30 6,204.26 Closed steady. THE COTTON 8EED OIL MARKET. September. October. . Norember. Dccemlier January. . , . March Closed steady. THE 8UQAR MARKET. :y Private Leased Wire. . New York. Hept. 4.—The domestic refined angur market wss unchanged on the basis of 4.69 net less 1 per .sent for cash for line granulated ousted by all refiners, ex- rent the Federal Hngar Company, which Is doing business on the basis of 4.70 *. Local raw sugar at 1 1674; musevtdo, fe* i * Ki-A i f OATS- fc £8 85 May 34 34 FORK— 8*pt JrtU.... 13.40 LARD— riept.. 8.70 Oct... 8.82*4 Jan.., 7.36 HIDES— Kept... 8.80 Oct.... 8.66 n.D/i Jan.... 7.27*4 7.27* CASH WHEAT- 8 11 I? ii.'ti iilio 9.7746 1.69 84246 1.60 7.16 7.6746 1.(9 1.69 7.20 a a 8.65 9.10 1:8* ?:S* PRIMARY MOVEMENT. „ tha" primary movement of wheat and corn today: Wheat—Receipts 1.081.000 bushels, against 016,000 bushels Isst year: shipments 437,- Q bushels, against 700,000 bnshsls last year. Corn—Receipts Com 912,000 bushels last bushels, against 700, 919,000 bushels, against S ear; shipments 686,000 0 bushels Isst yesr. LIVERPOOL GRAIN MARKET. Wheat opened *8 higher: 1:30 p. m., 1 t H higher; closed % to l*i higher. Coru opened unchanged; 1:30 p. m., % t % higher; closed onebangsd to *4 higher. wnrtn aud the nlghtn cool, the moan tom- ahowers In "most sections,' ’ the' showers mat. Weather waa Wood/, Privhte Wire to Ware & Lelnml. New York, Sept, 4.—London boosting. Large reports expected, snd Kuhn, Loeb & Co. taking over half Pennsylvania holdings In Baltimore nnd Ohio and Nor folk and Western Is rery bullish on these stoesa Bailers we will hat# a good advance In Baltimore nnd Ohio. Dow-Jones' summary: American stocks In London booming *602 per cent above parity. Two million dollars gold engaged In Lon don for New York. Pennsylvania sells half Ita bolding of Nor folk sml Western and Baltimore and Ohio to Kuhn, Loeb A Co., surrendering con trol of tnoce roads. Bar silver In London touches highest point In tan years on Indian government buying. Burlington report show* real surplus of about 19 per cent on common. Herman Oelrlchs Is dead. National City bank and Bank of Com merce shows largest decreases In loan ' In bank statement. Forty-three roads for third week In Au gust show sn average gross lucrease of 13.62 per cent. Thirty-five railroads for July show average net Increase of 16.08 per cent. Twelve Induatrlnla advanced .41 per c Twenty active railroads advanced .90 per ST, PAUL OPENED AT SHARP ADVANCE It Was Special Feature at Restimption of Business This Morning. OTHER ISSUES HIGHER Prices at the Opening Were Animated and Buoyant London Higher. Ints _-, r prices. bulges this morn New York, o s big market and much ula take profits 1 buy iMick onl. that Pensylrsuln tfi In Unlou Pacific. The New York Financial Bureau says: The stock market ■•cm* to be temporarily oversold. The action of the list on the un favorable bank statement Saturday Indi cates that. Further betterment la likely today, but we would not ne ‘ ' - turn*. Specialty Improvemen _ policy ns near ns we can learn. Otherwise we would maintain neutrality. There are n number of Issues that can easily bs put higher on account of non-distribution. Be conservative, but refrain from selling short for th# time being. The general situation ■hows betterment If anything, although we a. * tement as having pulated.and that [ out The banks expect to get gold thl* week, however. In considerable volume, nnd If that la so there will not be ranch difficulty experienced, al though call rate# will likely be high today on account of the tightness over the first of the month. It Is evidently the determi nation—ninny signs Indicating It—that tho banking element will try to put prices higher for distribution later. If the/ esu hold them generally st advanced levels, well and good. Bat that Is the point. Ths ■train of the demnnd for crope will occur at Its height soon, and we think the legiti mate demnnd will receive first considera tion, although the transfer of stocks abroad for carrying parpoees will help the situa tion materially In this connection. Ad vances will have to be along specialty lines, and w# believe that If Judiciously carried out there will lie no groat trouble. The fun damental are strongly bullish, as we have often wild, snd we would like Tery much, for obvious reasons of personal aggrandise ment. to see s broad bull market, but w* of that mean- ...— - , a close observance of the Individual position ns heretofore referred to. mom, u» see a oroau nan marsec, out vannot conscientiously predict on# of kind unless money permits. In the m time we advocate conservatism and s i In the north portion. The sunshine was north portions snd slightly _ „ southeast portion. The rainfall wss de cidedly deficient, except In Petri River county, snd the drought Is becoming se rious In northeastern and soma eastern counties. Texns—Fair weather prevailed daring le greater part of tho week, with ample inshlne. Scattfred ahowers occurred dur ing th* latter part of the week. The rain fall -was generally light, except In por tions of western snd northern couuiles, where It was normal. Temperature was unustnUly low at the beginning and high during the remainder of the week. The mean being normal or allghtly above, ex cept In the extreme western counties, where It waa below the normal. Ton nt*s«*e—Over most of tbe eastern aec- tlon tbe week wss warm nnd showery, the per ceuL Sterling exchange 4.&>!«l!4.M'u *fc. By Private Leased Wire. New York, Sept 4.—-The market this morning was again subjected to the conflicting forces of a violent specula tion. Some fairly sensational gains were made In particular stocks, and taking the list as a whole, all advances were more numerous than declines. But the movement after the first few min utes of an excited opening, was ex tremely Irregular, and In many quar ters profit taking sales, conducted un der cover of the great strength In the day’s leaders, was fully a match for the new buying orders. There was every reason to believe that the Lon don market had been "rigged” for a speculative opening here. On buying orders cabled from this side and dur ing the holiday prices were held up over our high points. This led the is sue anticipated in a furious rush of buying at the start of tho local trad ing. The Pennsylvania’s announcement of the sale of half of its Baltimore and Ohio and Norfolk and Western hold ings caused an exceptionally active speculation In all three stocks. But the extreme stiffness of the money rate —call loans touching 9 1-2 per cent— and the publication of the subtrea.sury statement showing that the banks have lost In two days only more than $6,-' 000,000 took the keen edge off specula tion enthusiasm and for the rest of the morning realizing sales were as much In evidence as fresh operations for the rise. Tho special feature nt resumption of busi ness on tbe local stork exchange today wns an advance In St. Paul of 4*4,per cent. The »ral opening was animated nnd buoyant. folk and Western, also Southern Pacific, started In 1*4 higher. Baltimore nnd Ohio gained 1%, Canadian Pacific 1%. Amalga mated Copper snd Pennsylvania l»i. Other gains st the start ranged from % to f;. Following the strong tone and shnrp ad vances In London, the market hero, nfter making henvy gains on first sales, continued strong during the first hour, with Union Pacific, St. Paul and Baltimore nnd Ohio the leading features. St. Paul sold ns high as 133, ngnlust 177*4 at the doss Saturday, practically a new high record, as the rights snd dividend nr« now equal to 20*4 points. Union Pacific nl*4» made n new high record, advancing to l%\. and gains of over 2 points were made In ling, Northwestern. Canadian Pacific Great Northern preferred. The news of sale of part of the IVnnsylvnnln hold- —j of Baltimore and Ohio and Norfolk aud Western was considered significant «»f the coming readjustment of the relations of the great raJlwny system, and u number of other changes of Important character .ire expected at frequent Intervals from now London bought 6,000 shares of stock on arbitrage account daring the first hour. The market at the close of the first hour was being heavy In scattered localities on aev< eral dates. The total amounts were con siderably shove the normal Louisiana—^The week was dry, except that scattered showers occurred lu the last two days. Tbe rnlnfnli wns general ly light,'* and was deficient In. all sections. The temperature was above the Dermal In tbe south portion and about normal SCHOOL BOOKS AND ALL SUPPLIES AT JOHN M. MILLER CO.’S, 39 MARIETTA ST. SOUTHERN EXCHANGE Oldest Established Office South. COTTON STOCKS—BONDS GRAIN Ground Floor Oould Building. Dally market letter and market manual mailed on application waa general lu Ort L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, 6RAIN Correspondent's Capita! $250,000 RCFKRCNCC, TMI NEAL BANK PHONE HIV. PRUDENTIAL BLDG HUBBARD BROS & CO., mKants 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 above exchanges. Direct wire service. Correspondence Invited. Phones 454, Long Distance 39. A. S. Hustace. Mgr. THE MADDOX-RUCKER BANKING COMPANY, with capital, surplus and shareholders’ liability of $900,000.09, solicits ac counts of individuals, firms aud corporations. Idle money waiting an investment can draw 3 1-2 per cent interest in our Savings Department-with drawal any day without notice. LONDON STOCK MARKET. Atchison.. .. ,. ranadlnn Pacific Chic., Mil. and 8L Paul.. Brie.. Illinois Central Louisville and Nashville. . . Rending Pennsylvania. .. Southern Paclfle. . . . . .. Union Paclfle; .. .. United States Stiwl,. .. .. .. do, preferred n!cios|c {SSlzlJ.sO 107 110* j107 1 • 177U 177 177% •S.7% H2*|176H »*5V 47 4»»% 174 i175 174*4 149% I50U 149*1 3V 4 139% 137 1 4 IlK 144%.14J*4 9»Y 9 »I 0f> % lay*- G%> 47%' 46% — !i27t* 8TOCK8 AND BOND8. 106*^ Atlanta, m. ini l « Atlanta* and West Point. . Atlanta and Weat Point Dcbta-JOT Central Railway of Georgia 1st Income do. 2d Income.. ., ... do. 3d Income , Georgia Augusts and Hnvannah. jeorjli and A. lata.. . ..286 . .116 • ..116 . ..120 ..112 Killed by Falling Slate. Special to The Georgian. Chattanooga, Tenn., Sept. 4.—Will Henderson, single, of Carpenter, Ala., was instantly killed at Durham mines. Durham, Oa., by falling slate. His re mains have been removed to Carpenter for burial. Safe Deposit Boxes For rent in 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. gal 3J 3.12*4, corroN^itAn^ ^rovisiSn^Stocks^bonds, ffe. 2 Watt 51., fsfrrt Boildlag. Atlanta. Oa. Sew Tart Cattea Inhaage. UlMBtRS: Sew Orltaat Cotton tachaage. ihtnaai Cattaa Aiaae/atlaa. hit ate Wires to Sew York. Sew Orleans. Ckteaga. Bell Phone 120. Chicago Board d Trade. Chicago Stock Cachaoge. Hew York Collet la change. B. C. COTHRAN. Manager. Standard rhaa< ATLANTA NATIONAL BANK ATLANTA. GA. C. E. CURRIER, President. A. E. THORNTON, Vlce-Preeldent H. T. INMAN, Vice-President. GEO. R. DONOVAN, Caehler JAMES S. FLOYD, Ait’t Caehlfr. Capital $500,000.00 Surplus and Undivided Profits $500,000.00 We Solicit Your Patronage.