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THE ATLANTA GEORGIAN. FRIDAY. SEPTEMBER 7. ISO*. 15 STEADY IN TONE Due to <a Steady Set of Ca blcs From the English Market. WEATHER FAVORABLE Xbe Two Cotton Associa tions of South Working at Cross Purposes. Bt private Lemcd Wire. vew York, Sept. 8.—The cotton mar- w e t was unsettled but X to 5 point* hleher »n the steady Liverpool cables. T he weather remained favorable In the south, Inducing further bear pres aure front that quarter. There was nothing doing In the mar ket for futures today, the trade gener- i illy preferring to hold off . pending the government report on Monday before | making new commitments on either f aide of the account. ' cron accounts have been of the most favorable character up to a few days naet, hence a bearish report Is ex isted The condition report will prob- Ki, show the crop In excellent ehape Sp to and Including August 25th, but nrcrile in position to know state posi tively that there has been great de terioration since that date. Mr W. F. Bragglns, division freight av'ent of the Texas Pacific lines, after an extended trip through north Texas and points around Dallas, says: "The cotton crop In north Texas deteriorat ed almost 25 per rent on account of heavy and continuous rains. Farmers are feeling blue, as they had been led to expect an almost phenomenal out- nut The boll weevil has started his work In spots and Is playing havoc. Rains hnve kept crop from being pick ed snd much cotton badly damaged.” The two cotton associations met dur ing the week each agreeing on a mini mum price at which the yield should he marketed, the National Farmers' Educational and Co-operative Union Axing the price at lie. It did not es timate the crop, but stated that the deterioration In the crop warranted that price. The Southern Cotton Association fixed the minimum price at 10c and report has It that It unofficially esti mated the crop at 12,760,000 bales. The man that makes the cotton can take his choice. It Is probable he can tell at either price. If the Farmers' Union will work In harmony and the crop should fall short of the South ern Cotton Association’s estimate It will he an easy matter to get Ita mini mum price. •• - Estimated receipts Monday: 1908. 1906. New Orleans.... 8,800 to 4.800 2,688 Galveston 8,000 to 10,000 9,824 Houston 10,600 to 11,600 18,671 NEWS AND GOSSIP Of the Fleecy Staple. ' v, re to Ware & Inland. New York. Went. 8.—Liverpool cotton fu- tures opened quiet but sternly. 7 down on near and 6 dowu on late. At 12:16 p. m.. 214 <J®wn and aulet. Spot sales i.000 bates, 3 up at 6.43d. Futures were due to come 5 to 636 down. Liverpool cable.: “The market feel* the Influence of strength in new crop deliver- lea nnd.South not offering at nil freely.” The New York market opened qnlet nnd about a a expected on Liverpool cables. < ommlMlou houses Itought a little. Schlll o l?ood buyer of December. January nn »J I< 9 ok for quiet market today. H. Wilson selling cotton nnd hammering the market. Schlll and Parrott checking decline. 1* !■ fe|N>rted here that the Southern A**!*’ 1 * tJon Mtiniutes the crop nt 12.6S2.000 Union. Following la the atattitlcnl poaltlon of cotton on Fridny, August 31. aa mnde up by the New York Financial Chronicle: Thla La at Lnat ... Week. Year. Visible supply.;...1,732.689 1,784.156 2.546,642 ——* 896.156 1,676,642 245.863 115,782 74.604 193.879 67.7W 63.185 73,589 100.906 Port stocks..'. Exports Interior receipts... 73.712 Inf. shipments..... 69.277 Interior stocks 100,711 127.506 127.506 73.061 207.747 52,777 73,712 229.938 154.106 373.477 88.725 118,090 97,460 152,670 Edited by Joseph B. Lively MARKETS Mr. Lively's twenty-five yeara' experience of ed Itlng markets In Atlanta nnd the South has made him a recognised au thorlty In his specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS At the clone futures wert l point lower to 2 points higher. •POT COTTON MARKET. Liverpool, cotton, opot quiet, with .prices tttftfjr; middling upland* 6.48d; aalca 6,- Mft; American 3JW0; speculation and export 6)0: receipt* 5.000; American 4,600. Atlanta, (inlet at 9c. New York, quiet nt 9.80c. 8f. I/>ul*. atendy at 9ftc; Augusts, quiet at 9%c. ftavannan. atendy at 91-16c. fkarintoo, nu‘ ‘ Memphis, «iul« Charleston, quiet at 8%c. Memphis, quiet St 9%e. ■ Houston, atendy nt 0ftc. Beaton, quiet at 9.80e. tinlrcstoti, quiet nt 9ftc. Wilmington, nominal. Norfolk, ateady at 9%c. TODAY’5 PORT RECEIPTS. The following table shows receipts at tha E na today, compared with the same day it jtar: New Orleans dalreatoa Mobile f , tarnnnsh Charleston Wilmington Norfolk Bouton Philadelphia Port Townaend.. . . Jarloiia Brunswick Total (Incomplete).. 12475 1688 1808 INTERIOR MOVEMENT. JlMollowiag table shows receipts at the 22.1 t0< **7* compared with the laat years the COFFEE MARKET. •mSSSIK'* the opening range and dose ■ York coffee market for to- oty {•Hilary.. ••Nfwary..*’ Nlanh.. . p':.r •■•••• June.. ’• •• July.... JUfnwt. ' * * ' •“'temher ” '* lh fea,h4» r . * ^l"*cd aten.lr! 59.900 (*. . ..17S-4LM . . .6.804.90 . .6.99 . . .6.95-7.93 . ..7.09 ,...7.05 7.10 . ..7.10 . ..7.15-7.J0 .6.40 6.704.80 6.804.85 6.904.96 6.96-7.00 7.05- 7.10 7.05- 7.15 7.10-7.15 7.15-7.20 4404.45 ::«KS UBS ...6.15 6.654.70 New Orleans. Sept. 8.—Cables are indlffer nt. The week's sales of spots In Live nmount to 88.000 Unles, ngnlnat 44,000 yenr nnd 46,000 In 1904. The total stock Is 861.000 hales, against K.0J0 last rear and 147,000 In 1904. The visible la bullish. American decreaa ed 86.000, other kinds decreased 106.000. To tal decrease 64,000. Mill taklugs 168,000, In cluding correction of 11,000 In Liverpool stocks. The market la easy under what looks like unloading by longs. The market missea the support It used to get from covering by shorts. A telegram from New York says the tropical storm la now out at aen some dis tance from the Cnrollnaa. Thu weather map la favorable. Practi cally no rain Is Indicated over the cottou belt and temperatures are seasonable. The net stock of cotton In New Orleans s 13.88$ bales, against 40.972 at this time nst year. The amount of cotton on ship MMird la 8.175 lr'“ — —- Total exports this season nmount to 52.590 bnles, against 80,421 last seusou nnd 66,549 In 1904. Private Wire to Glbcrt & Claj. - New York. Sept. 8.—Liverpool closed _ down on winter and spring months. Was -xpeeted 6 down. Liverpool buying some cotton here. The Journal of Commerce says: "Iluyt hnve l»eeit duplicating many ordern glv four or five weeks ago, nnd first hands am! Johlters hnve no question of the healthy volume of trade which Is going on In the country, particularly In the West and the South. The policy of hand-to-mouth pur chasing prevails In nearly every line, and while large operstorn remain out little dan ger Is lurking for the small buyer. It Is recognised, however, that prices might down In a shade better than due. Was ex pouted 5 points lower. Our traveling representative wit.- Tyler. Tex.: "Texarkana, Mount Pleasant to Tyler, good average crop already made boll weevil hat done great damage In Im mediate vicinity of Tyler. Taking every thing na It appears In east Texas, an far na I have seen, ban good crop. Weevil la worac In this Immediate section tbnu north of here.” Western forecast Indicates fair weather tonight and Sunday for western Texas and generally fair tonight for Loulslnnn with K obnhle scattered showers Sunday. For e balnnee partly cloudy weather tonight tonight or Sunday for west Florida, Ala bama and Mississippi. For the bnlnuce fair weather tonight and tomorrow. 1 CROP MOVEMENT FOR PAST WEEK the movement of cotton, given the amount brought Into sight during the pant week nt 120,799 bales, against 221,681 for the aeven .’ore Inst and 29.615 name time In 19J3. The movement since-September 1 shows receipts at nil United Staten porta 72.746. against 149.177 last year, 103,281 year before last nnd 10,687 same time In 1908. Overland neroaa the Mississippi. Ohio and Potomac rlvera to Northern mills nnd Canada 4,696. agalnat 4,284 last yenr, 6.254 year before last and 169 same time In 1908; Interior stocks In excess of thoao held at the close of the commercial year 358, agalnat 25,285 17.745 year liefore last and 9.405 ...... In 1903. Southern mills J*klngs 44.000. against 42.295 last yenr, 27.262 year liefore laat and 9,404 name time In 1908. Foreign exports for the seven day* have lieen 62,590, against 80,421. The total takings of American mills. North. South nnd Canada, thus far for the ‘asou have l»een 67,918, ngnlnat 65.197 last year. These Inrlmta 18,906 by Northern spinners, against 22,902. . I a Stocks nt the seaboard and the twenty- nine leading Southern Interior centera have Increased daring the week . 10,291 balea, against an Increase ef 76,068 during the cor responding period last season, and are now 212.563 more than at this date In 1908. Including abwke left pver at porta and In terior towns from the laat crop and the numlier of bales brought Into sight thus far from the new erojj. the supply to date SUPERINTENDENT KINO’S WEEKLY STATEMENT Superintendent King of the New York Cotton Exchange gives the movement as follows: . Weekly Movement. Thla Year. Tort receipts W4BJ Overland to mllla and Canada 4.L5J •Southern mill takings 35.000 Gain In stock nt Interior towns 1,619 Brought Into sight for week.. 118.306 Total Crop Movomant. Port receipts 72.667 Overland to mills and t annda 4,129 •Southern mill takings....... 85,000 Stock nt Interior town* In excess of September 1 LS19 Brought Into sight thus far Last Year. 157.814 3.947 •MOO 17,911 209.602 174.882 3.947 81.000 NAME OF STOCK. Amalgamated Cooper.. Atlantic Const Line. .. . American tiugnr Itef. . Anaconda American Locomotive.. . do, preferred. .... Amer. Bmcltlng ltef. . • . do, preferred Atchison . oo, preferred. .... American Cotton Oil.. . Amer. Car Foundry. .. • Baltimore k Ohio, Brooklyn Rapid Tran.. . •- . . Canadian Parlfto . Chic, k Northwestern.. Chesapeake k Ohio, . . Colorado Fuel k Iron.. Central Leather. .... „d°. preferred. . . . Chjc. & Great West'n. Ch e.. Mil. & Ht. P. . . Delaware k Hudson. .. Distiller's Securities... d Illinois Central'.'’*. „ . . Amer. Ice Securities. .. Louisville k Nashville.. Mexican Central Missouri Pacific NEW YORK. lures hi New fork today: NAME OF STOCK. N 1 . V.. Ont. k Western. National Lead Northern Pacific. . . . New York Central. . . Norfolk k Western. .. Pennsylvania. . . , . . People's Gas Pressed Steel Car. . . do. preferred. . • . Pacific Mall Reading . . . Republic Steel Rock Island do. preferred. . . . , United States Rubber. , do. preferred. ... Southern Pacific. . • . , Southern Hallway. . . do. prefer red Rio**-Sheffield. ... Tenn. Coal k iron. . . , Texas & Pacific Union Pacific United States Steel. . , do. preferred Va.-Car. Chemical. . . , do. preferred. . . . . Western Union Wabash do. preferred Wisconsin Central. . . . do. preferred otal stock sales today 483,100 shares. LIVERPOOL. Following table gives opening . ,p tli yei | en | aj p a ciogjng. Prevlona Close. Close. >5.ft8ft 5.10 . 6.10 ' dose, compared wl • uturea opened enay. Opening Htfnge. September.. .. Sept.-Oct. . . Oct.-Nov. . . Nov.-Dec. . • Dec.-Jan..' . Jan.-Feb. . . Feb.-March.. .. March-April.. . Anrll-May. . . Mny-Jnne. . . Closed quiet. 5.18 5.01 Ol 4M- IS* L .4.94 -4.954 4.964 4.99ft ...4.96 -4.97 ..,.4.96 -1.99 . .4.98 -5.01 . .5.02ft . .5.03 -5.04ft 4.97 1.99 5.01 NOTES ON GRAIN Pointers on Provisions. Private Wire to Ware k Leland. Chicago, Sept. 8.—Wheat la getting low enough to warrant a moderate purchase. No special bullish features In sight at the moment, but there never la wheu prices are lowest. Don't lie afraid to buy corn, even If bears keep It down. They will have to provide for their contracts some day. No Incentive to buy wheat, and this crowd la running away from It. Oata opened steady with Pringle a fair teller of December and May. Bartlett-Frn- sler and C’nrrlnffton buying a few. Local crowd selling. Buying scattered. Inter-Ocean aays: "Cash business — wheat in Chlcngo Friday was 70,000 bushols, 1 urlmllng 46,000 of No. 2 hard. Sales of corn were 300,000, Including 50.000 i»w No. 2 yellow, first half of Decemtier shipment to Baltimore, aald to be at 89ft ' o. b. Chicago. Sales of oats were 160,000 bushels. At the seaboard exporters sold 100,000 wheat, 64,000 corn and 150,000 oats. Predictions are that the northwestern heat movement will run very heavy next week. The heavy movement laat year be. gan about 8epteml»er 12, and It waa prnc< tlcnlly at high marie a week later. Duluth and Minneapolis received an average of about 446 care daily for the first half of September. 1906, and of about 944 cart dally for the laat half. Private Wire to Glbert k Clay. Chicago, Sept. 8.—The spring wheat at the moment Is not going to be ns heavy nt theat prices aa It would be If I to 10c higher. The weaker longs are out of the tlon to let go. \V> tun? hare tome further aloitr, draffing decline, hut liellere It la much safer to buy wheat than sell at tboaa price*. Corn speculation very Debt and not much prospect of -ncllvlty until aborts try to corer. WORLD’S VISIBLE SUPPLY OF COTTON Secretary Hester, of the New Orleans ttton txehance. In hla statement of the world's visible supply of cotton, show* a decrease for the week Juat rioted of 54,- 011. against an Increase nf 1,03* laat yaar anti an Increaao of 10,000 year before 700.0 last Tilth!* Is 1,700.111. against t- ■ M,,,, week, 3,501,370 laat year and 1.100,310 yenr before laat. or this, the to tal of American cotton la 007,010, agalnat 000.037 last week. 1.M3J7I laat year anil 643,340 yaar liefore last, and of all other kinds, fnrludlng Kgypt, Braall, India, etc-. 100,000, against M7,w0 laat week, 071.000 laat year nnd 013,000 vonr liefore laat. The total world's visible supply of rot- ton aa above shows a decrease, compared with laat week of 64.011, a deereaae com- imred with laat year of 037,403, and an ucrease compared with year liefore hut of 531.(70. year before laat; — 43,000 last year and 1 40.0W yearl" In India Mi.000, agalnat 373,000 and 315,000 year Iwfore laat; and WHEAT ill CLOSE NEARJJDW POINT Trade Again Small with Cash Houses the Pm cipal Sellers. By Private Leased Wire. Chicago, Sopt. 8.—Wataon, the big bear and ehort of Minneapolis, waa a buyer here, and he experienced trouble In eecurlng aa much wheat aa he cared to take care of. It came out on the hard aa well ae the aoft spot* of the day. It failed to rally even In the face of the Increased demand. The close- showed wheat l-8S5-8c lower. Corn waa dull and I-803-4C lower. Oata were 1-lc up to l-l@l-4c off. Provisions G@10c lower. Primary receipts for the week 3,525, 000 bushele wheat and 1,508,000 bushels corn, compared with 5,610,000 and 6,- 102,000 bushels, respectively, a year ago; ihtpment* 1,035,000 buahela wheat and 2,776,000 bushels corn. A year ago they were 2,615,000 and 2,302,000 bush els, respectively. Minneapolis estimates receipts there for Monday at 600 cars. Stmt No. 1 Northern sold 2 l-2c over the Septem ber prices, showing a losa of lc of Its premium for the week. Cash sales here were 15,000 bushels wheat, 200,000 bushels corn and 100,- ooo bushels oats. The seaboard, reported 16 boat loads wheat, one load corn and 20,000 buahels oats for export. CHICAGO GRAIN MARKET. ATLANTA MARKETS. FRUITS AND PRODUCE. Officially corrected by Atlanta Fruit and Produce Exchange. Lemons, 37.750 8.00. Llmei, 60075c. Pineapples, 61.6O02W. Bananas, straights, per bunch, SI.5001.75. fulls, per bunch, 11.0001.25. POULTRY AND COUNTRY PRODUCE- Idre hen. X0t7Hc; frlex, 22VHJ2SC; broil- era. 15<f22 lie. Lira docks, Pekin, 3So; puddle, 35® Dressed hena, per pound, 12Q13c. Essi. per doien, 2Sr. Butter, table, per pound, 20®22He; cook ing, per pound, 1314®Uc. Honey, now, 8® 10c pound; In one-pound racks. lOAUc. VEGETABLE!!—Irish potatoes. . stock, 63.5316 barrel; per bushel, 31.00. Onions, lc per pound: eat — New ewcet potatoes, 60c . pen . Mountain Bartlett pimnb^per box, 31.25. Unitfd _ ’8tater'3U,OUO, «enlnat 643,000 laet year and 134,000 year before laat. for today follow: Open. WHEAT- ffc Mar 7( CORN- Hept 47 !h*c 42 Mnr.... 42% OAT8—> Hept 86 Deo...» 8OH Ms/ 83% FORK- Hept Jail... 11.25 LARD— AU doftk dor tes\*j s2 8 1 i 5 III •ftft SO soft a % SA 766, gg M 81 Jan.... 7.90 7.80 WEEKLY CHRONICLE’S REPORT ON WEATHER New York, Hept. 6,-Our advice* fmm the Month this evening denote that rain baa been general during the week, esrept In Texas and a few points along the gulf. The precipitation ha* lieen light or moder ate as a rule. Texaa advices deuote that damage to open cotton ha* reanlled from the rein, and .that.picking taaa.' larcd snil dcarriorstlon I* .jmipl*lne"l of la SSS Other locslltles. rtekins^ except where loternipteil the crop _ lint the movement of less free than a year ago. GIBERT & CLAY STOCKS. BONOS, r. COTTON. ON* IN. corrcc. provisions MEM6IS6I ATLANTA, OA '**• ALABAMA ST. end Lana DMvJW&EZ&S R. FAGAN. Mans B .r. || | II I II ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone, Main 858. ATLANTA, GEORGIA. NEW YORK BANK STATEMENT. The weekly ataiemeot of tko .New York Bank Association shows the following changes. Increase. Decrease. Reserves *»•{«.» ^SJ'San I.c*al«. De| melt*. F"'* 1 CtrrulatloD Much more tkao expecte<l. let,... 6.40 6.43H aa.... 7.15 7.15 CABII WHEAT— 7.77K HIT w* 7.77H 8.55 8.85 7.06 1.60 8.65 7.82ft 8.66 m No. 3 red 71«71«6: Na I do 7#64«7IJ4: No. - bard wlater *H4®70M; No. 3 do silk 0601k. NEW ORLEANS. tares la New o$?F77 Nov. . . Dec. . . Jan. . . Feb. . . March. . Mar- - Closed ateady. 3 Mirer a 9l29 9.08-04 9.05-07 9.07-08 9.15 9.21-22 9.88-29 9.43-14 B Blue FLOUR, GRAIN, PROVI8ION8. FMUR—Poatel a pataat, 61.76; Diamond patent, 35.10; Maacnutah Star, 64.60: fancy ■latent, 64.60; Red Eagle. 61.15; Blue itlblKin. MOO: fancy, 13.00; spring wbsat patent, M.Ot _lioitN—Choice red cob, 76c; Na 1 white, 75c; No. 2yellow. 74c; mixed, 73c. OATS—Choice white dipped, 63c; ■ white, 50c; choice mixed, 45c; Texts proof, 60c. MEAI^-I'laln water-ground, per bushel, 3ci bolted, 140-omuon .urea, par bushel, 65c; aborts, white, 6L60; medium. 31.40; brown, II.K: pure bran, |L10; mixed bran, 31.06. HAY—Timothy, choice large ImIi-s, 31.10 a,, choice smalt bsiea. 71.06: do., No. timothy bales. 61.00; lvo. A 61.00; do., No. rlnevr mixed. 61.00; do., No. 3 mover mlxr “lc. C7.GVEH—Choice 00c. Thn above prices are f. o. b. Atlanta, and lbject to Immediate acceptance. . GROCERIES. SUGAR—Mtandard granulated, 65.30. New York refined, 414c; plantation*, lc. 51 “— T, CI3KFEE-noo*t*d Arbnckla'a 615.60, alk. In baga ox barrel*, He; green, 10® (• RICE-rarolInn 4ft07fte, according grade. Market vary atrong. UIIEKHB—Fancy full cream dairy, 14ftc; twins 14r: brick 14c. Market ntron*. PROVIHIONH—Rtinrama hatna, lie. Dora JH Bopn , hams. 15ftc. Callrnrnla hams, 99.50: (.'roaa hams. 15c. Dry aaU extra rir balllaa, 20-5 lbs., $10.5ft; fat backs, I Drift compound, ?%c; Red Cross, 7%c, SOUTHERN EXCHANGE Oldest Established Office South. COTTOI STOWS BONDS GRAIN Oround Floor Gould Building. Dally market letter nnd market manual mailed on application. NORTHWEST CAR* _ . The followinn figure* give th* northweat nr* today, last week and last, year :Y T PRIMARY MOVEMENT. Tha following figuraa give tha primary maraniant of wheat and corn today: Wheat—Receipts 718,009 bnahcla, agalnat 918.000 bushel* lust yenr; ahlpmenta 407.000 buahela, ngalnst 488.000 bushels last year. Corn—Receipts 548,000 bushels, agalnat 697.000 biialieia laat year: ahlpmenta 702,- 000 buahels, agalnat 983,000 bushels laat year. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, 6RAIN Correspondent's Capital $250,000 RCFCRENCE. THE NEAL. BANK PHONE I4IT. PRUDENTIAL BLDG CHICAGO CAR LOTS. RST*- & * !,2»S;.......... i * THE DRY GOODS MARKET. New York, Sept. g.-Bnsln#*# In tbe dry goods district for the week haalieen folly Sp to expectation*. Buyers Olid It no.es- aary to vlrit tha primary markets "Hciicr In order to keep ravere.1 on the nnmeroo* advances which are occurring lulhe Price* of the staple line*. The Inipoaalblllty of getting nnj large qnantlty of goods for Immediate ’ delivery keel* them buying small quantities frequently. THE COTTON SEED OIL MARKET. New York. Kept. 5.—The market for cot- ton setel nil wa» lew active yesterday hut very atsaily. The recent liberal export husfneas. climated at 20.000 to 3®.0(W bar- ■via, with a contlnned good Inquiry, was the principal Influence In the Armneas. Ail- vices front the Mouth abowed no nrc.ure of new oil. Not much I* expected In the wiutheaat until well In October, awl offer-1 Inga In Tex** for Heplemher are reported light. The fact that the crop I* tele and j that Ntocka nf nhl oil are sninll are bulb Important Influence*. The niarket was enay at the close, with price* ft to «c Iwer.- I Ware * Itei.1L ^ rjomn, Beptemlier *1 *1 November HUBBARD BROS & CO., Eiis,™ Atlanta Offices, 219-221 Century Building. A Members New York Cotton Exchange, New Or-1 2; leans Cotton Exchange, Liverpool Cotton Asao-1 L elation, Chicago Board of Trade, New York Cof- i fc fec Exchange, New York Produce Exchange. _ nIM Business solicited for the above exchanges. Direct wire service. Correspondence Invited. Phones 454, Long Distance .19. A.S. Hnslace. Mgr. TIPS FLASHED From Wall StrcsL Private Wire to Ware k la-land. S* w Rep*. ».—laindon IrreRular. Two million lire hundred thousand dollara gold reported empixed al.ruad today. A bail bank statement expected, with re- Kr.'s* * deficit, nnd while many think that It has been dlwnunted In view of largo gold engagements to be announced Monday, a fererlah market can lie expeele<l. Bsariah pnifeaslonala are on the alert, and watching for opening* to aell on. and It Im |)OM*ihl<» that attacks on I'eiiuuylraula *»o wltnoaaad. Mould favor the acccptuuco of proflti on •harp advance* nhould Ihcy take place. 1 .jo 1«nk« have lost over $10,006,000 thla week, nnd the bank Mtuteiuent l« expeete<l to Ih* very had. The Intent order from 2riHn|r* r,r Sh,lw haa caused conalderabla There waa aonie nelllng through the mar JfA "H ^ ar » of n bad bnuk atatemeut, although * considerable reduction In 1oaua Im expected. J 1 ..*, fiP * n circulation to tht feet that United Btate* Reduction nnd »*«• filling will Im* put al>ove 40 In a very short rime. The buying of the stock yeate * was raid to be goml. We auggeat tin !•* JTfttehed* aa there I* n tendency'to handle lovr-price«t ntocka becauae they are cheaper to manipulate uudqf exiting cir- Frivate Wire to Glbert & Olay. 'Sept. 8.—Maralmll. Spader, wn 1'n'sA^i At **»• dote of the market, waa noted that the recovery had Immmi lib eral throughout the lint, and In the absence - 5!!!f? ui ’ ert,u ? ^ls morn- •J* * w i * I 001 * *«*»« and support to RJIL/Wg 1, Copper; Reading, New York afflS 'aff' * au * na( 1 other leading ahnre* rl nU L?5°s W ,h * effect of the bet?er fi*el- L n * prevail. At thla writing, the I °f «°. w approximate .•- 8 f) 0 ' 000 having been announced tula morning. . “7i ; "There was r J rnm Bank nf New^YOrl?^' 500,000 ®° d for B hlpment to . —. nerhapa. 110.000,000 cold'baa been engaged for Import offsets this. Wl would maintain n caution* poaltlon, hut on drop* are inclined to think that pur- ehaoea for turns will prove profitable as the large Interests, while they bate die- trtbnted aonie atocka. me«t support, and Indication* point to a belief on the part of the powers that a hlglrir distributive level can be mail, a surer** Inter with In terest In speculation nmuNeft, aa It la now, provided It la not nllowe«i to gat oway en tirely. We do not find that milch stock came ont on tho decline yesterday, and It Is possible that a big transfer of loans has occurred In aneh a way that the liauks will make a showing lietter thun generally an. Urinated. The monetary situation la crltl- cal beyond a doubt, hut It la not extremely dangerous If atoek speculation la kept with in hounds and the mere maintenance nf values by those who have comparatively cheap funds to carry acenritlcs will not a tncnace. . The fundamental* are Jiiilllsli. and by patiently and mnservntlrelv passing over the money slrknesa, we think the market will Im- In a healthy condition. Hl-eclalt.r Improvement, an frequently stat- LONDON STOCK MARKET. Anaconda Atchison do, preferred.. Knf.... .. .. .. .. ee **•* Illlnol* Central Lniiluvllln and Naahrllle.. .. "looourl. Kitnon* and Texaa. do, preferred Ni*w York Central. . Northern Paelflc. . . Rock Island Houthern Pacific. , , Koutbern Railway. Tnton Pacific United Htatea Kteel. do, preferred.. .. STOCKS STARTED MOSTLY LOWER Volume of Business Was Only Moderate the First Hour. TONE WAS STEADY Bank Statement Was Much Worse Than Expected, But Relief Expected. By Private Leased Wire. New York, Sept. I.—The stock mar ket today opened dull and without defi nite tendency. Shortly afterward It hardened somewhat when stocks like Brooklyn Rapid Transit. Erlo and some of the Steel group developed strength. The active trading was confined to these few issue* during tho great part of the seesslon. In view of the money market conditions, the bank statement, waa awaited with more than the us ual Interest, and the trading (luring the flrnt half hour reflected It. For all the expectations were of a poor showing the professional element made much of the fact that large gold engage ments wlil be announced on next Mon day, and the bull cliques can bp trust ed to make proper market use of that ‘stimulating Influence." The bank figures were a* unfavor able as expected. The reserve de creased 69.447,600, wiping out the sur plus, leaving Instead a deficit of 66,677,- 926. Notwithstanding the contraction In the loan Item of 612,000,000 and a decrease In deposits of very nearly 628,000,000, the loss In cash wan 616,- 408,100. This Is more than bank ac tually lost tbla week, but It accounts for the loss of last week, which did not appear In the previous statement. The stock market took the unfavor able showing well. Prices shaded off slightly at flrat, but soon rallied and the close waa the beat figures of tha day. . W The stock market opened Irregular. St. Paul. Pennsylvania, the Steel st.-eks and Southern Paelflc were unchanged. Reading declined 1-8, Canadian Paci fic 1-2, Smelting 3-8, Great Northern preferred 5-8 and St. Paul 3-8.. After rallying Union Pacific declined 5-8, Northern Pacific gained 1 1-8, Brook lyn Rapid Tranalt 1-2; Krle 1-4 and Amalgamated 1-8. After tho opening trading further fractional recessions occurred In some stocks while others rallied. Although the volume of business was only moderate the tone was decidedly strong, and It was a matter of com ment that the flood of stocks sold yes terday by Western houses had been •vb'-ll- absorb,'ll and that buying "fl- ers this morning could only be execut ed at advancing prices. The only large crowds were In Brooklyn Rapid Transit, Erie nnd Reading. London bought a small amount < Erie and sold some Steel common, ht arbitrage brokers stated that It waT hard to trade with London today be cause of the Interest shown In the boat race. Government bonds unchanged. Oth er bonds firm. 3J % Compound Interest Is the rate your money will draw if deposited In th* SAVINGS DEPARTMENT of CENTRAL BANK AND TRUST CORPORATION CAPITAL $500,000.00. CANDLER BLDG. STRONG, SAFE, CONSERVATIVE You are Invited to call and impact our quarters and investigate our facilities to serve you. A hearty welcome awaits you at thla bank. A8A G. CANDLER, President. W. H. PATTERSON, Vlce-Prei. A. P. COLE8, Caahler. JOHN S. OWENS, Vlce-Prei. WM. D. OWENS, Asst. Caehler. ATLANTA NATIONAL BANK ATLANTA. OA. C. e. CURRIER, President. A. E. THORNTON, VIce-PreildenL H. T. INMAN, Vlce-Prealdent. GEO. R. DONOVAN, Cashier. JAMES 8. FLOYD, Ant Caahler. Capital $500,000.00 Surplus and Undivided Profits $500,000.00 We Solicit Your Patronage. WM. Ia. niL PreeMent. ROBERT F. MADDOX, Vice President JAMES G. LESTER. Assistant Cashier, MADDOX-RUCKER BANKING COMPANY. CAPITAL $200,000.00 SURPLUS AND PROFITS . . $500,000.00 Accounts, small as well as large, invited. 3 1-2 per cent interest paid and compounded semi annually in our Savings Department March ^ M ct#vd *t«dy.'ltelvi, I«l3 corroN^ciuim, Provision's,*stocksPbonds, At. 2 Will 51., Ftlm B*Hdiag. Athol*. Ca. ‘ MEMBiiS: Chicago Beard at Tradt. Cklcaf* Sloth Eithanqt. _ New York Celt to iaehaago. "ASate'ihie*b'lw Y«L lie Mm, Clliege ACCOruM, Ki.ic-t. t,n thmt 1X2.SHMi.r, bin336, Safe Deposit Boxes For rent in our vaults in ibe basement of the Empire {Building 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.