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THE ATLANTA GEORGIAN. FRIDAY, AFPTKMRKR 7, 1908. 15 COTTON OPENED . STEADYJN TO Due to a Steady Set of Ca bles From the English Market. WEATHER FAVORABLE The Two Cotton Associa tions of South Working at Cross Purposes. •, rrivste Leased Wire. xew York, Sept. 8.—The cotton mar ket was unsettled but 1 to 5 points Wklier on the steady Liverpool cables. T he weather remained favorable In the South, Inducing further bear pree- mre from that quarter. There was nothing doing In the mar ket for futures today, the trade gener ,11V preferring to hold off pending the fovrrnment report on Monday before making new commitments on cither llde of the account. cron accounts have been of the most favorable character up to a few days Sat hence a bearish report Is ex- kw-teil The condition report will prob ity ,how the crop In excellent shape Jp to and Including August 25th, but oeonle In position to know stats posi tively that there has been great de terioration since that date. .... Mr \v. E. Braggins. division freight acent 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 Slmoat 25 per cent on account-of heavy and continuous rains. Farmers are feeling blue, as they had been led to expect an almost phenomenal out put The boll weevil has started his work in spots and Is playing havoc. Rains have kept crop from being pick ed and 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 fixing the price at 11c. It did not es timate the crop, but stated that, the deterioration In the crop warranted !t The "^Southern Cotton Association fixed the minimum price at 10c and report has It that It unofficially esti mated the crop at 12,750,000 hates. The mnn that makes the cotton con lake his choice. It Is probable he can sell at either price. If the Farmers’ I’nlon will work In harmony and the crop should fall short of the South- NEWS AND GOSSIP Of the Fleecy Staple. PtlTIte Leased Wire to War* & Lelnnd. Jsi'w lorlt, h<*pt. 8.—-Liverpool cotton fu ture* opened quiet but ateadr, 7 down on near nnd 6 down on late. At 12:15 p. m., 2% 2eT^^ nd ^ a i et 8 * >ot “ ,e « Imlew. 3 up downed* ™ ureB were due *° come i to i% Liverpool cable*: "The market feeln the Influence of atrencth In new crop deliver ,e 5s^ n( l. 8out Jl? n . ot at all freely." The New \ork market opened quiet and •• expected on Liverpool cablet. CommlMlon house* imught a little. HchlU wna a Rood buyer of December, January ftn *r VJM!” 1, * or market today. .He Wilson aelllng cotton nnd hammering the market. HchlU and Parrott checking decline. It Is reported here that the Southern otlmates the crop at 12.552.000 bn lea. Following la the atatlatlcal poattton of cotton on trlday, August 31. an made up by the New York Financial Chronicle: Thta Laat Last Vlalhle supply IRM lSlM ujtAIW SS3.SS0 898,158 1,876,842 127.506 : 245,883 For week 127.606 Port receipt* 73,061 Port atocka 6 207.747 Exporta. V...; 52.777 Interior recelpta... 73.712 Interior recelpta... Int. shipments Interior atocka 100, 60.277 100,711 115,782 74.604 103.679 67,799 63.185 73,539 100,906 373,477 86.725 118,060 97.460 152,670 New Orlenna, Sept. 8.—Cables are Indlffer eut. The week's an lea of apota In Liverpool amount to 161000 bales, against 44,000 last year nnd 46,000 In 1904. The total stock la 361.000 hales, ngnlnit 6.000 last year and 147,000 in 1904. The risible la bullish. American deci ed 36,00% other klnda decreased 106.000. _ tal decrease 54,000. Mill takings 168.000, In eluding correction of 11,000 In Liverpool atocka, tropical storm Is now out at sea some dls tnnee from the Carolina*. The weather map la favorable. Practl- la 13.8x8 bales, against 40.872 at last year. The amount of cotton on ship board la 3.176 Imlea. against 3,662 last year. Total exports of American cotton thus far/ this season amount to 52.590 bales, agninst 80,421 Inst season nnd 66,540 In 1904. Private Wire to Gll»ert & Clay. New York, Sept. 8.—Liverpool closed _ down on winter and spring months. Wns expected 5 down. t some cotton here. - Commerce says: "Buy< have been duplicating many orders gh „ four or five weeks ago, and flrat bands nnd Jobbers have volume of trade trn Cotton Association** estimate it will be nn easy matter to get it* mini mum price. Estimated receipt* Monday: 1906. 1905 New Orleans.... 3,800 to 4,800 2,686 Galveston 8,000 to 10,000 9,834 Houston 10,600 t5 11,600 13,671 At the close future* were 1 point lower to 2 points higher. SPOT COTTON MARKET. Liverpool, cotton, apot quiet, with price* •tesdr; middling upland* 6.48d; tale* 6,- fflO; American 37*00; speculation and export 100; receipts 6,000; American 4,600. Atlanta, quiet at 9c. Houston, stendy at lie. Boston, quiet at 9.80c. qslreston, quiet at 9%c. Wilmington, nominal. Norfolk, steady at 9%c. TODAY’S PORT RECEIPTS. The following table show* receipt* at tha New Orleans, fialrestnn. . . Mobile Karannah. . . •'hnrleston. . . Wilmington. . Norfolk. . . . Boston I'bllailHphiii Townsend.. ’. [ Total iliiconqdete).. 1906 2198 10312 179 6103 704 "‘iie ’ ’if 12475 1688 1303 1226 interior movement. lellawlag table shows receipt* at tha 52J°I l0 . w,, « today, compared with tha day Uit year; Houston. A'lgHstn. . , M-mphl*. . , £(• Louis. . Cincinnati. Total. . the coffee market. ,,‘friv?* 11 Jhs opening rang* nml clog, "the W York coffee market for to- Janiuiry. M.ruarv.. Marrh., ipl- ■ • , •Jim.., AoWat..’., J^Ptembpr. Jrtnbpr.. * Walter. T-einhp, ..ange. .. 6.764.80 . .6.80-6.90 .6.00 ..6.95-7.00 ..7.00 ...7.05-7.10 ..7.10 ..7.16-7.20 tffSSr T •IospcI atpndy. *•»“* SJ.rtoo f* gi> Closn. 6.70-6.80 6.80-6.85 6.90-6.16 6.96-7.00 7.06- 7.10 7.06- 7.15 7.10-7.16 7.15-7.20 6.40-6.45 6.46-6.50 6.55-6.6) 6.66-6.70 though they would not hold as steadily da they now bid fair to bold throughout the Jobbing Henson. New Orleans. Sept. $.—Liverpool 3% to 4 down Is n shade better than due. \\ os ex pected 6 (mints lower. -Our traveling representative wire* from Tyler, Tex.: "Texarkana, Mount Pleasant to Tyler, good average crop already made; boll weevil has done grent damage In Im mediate vicinity of Tyler. Taldug every thing ns It appears In east Texas, as far ns I have seen, ha* good crop. Weevil Is worse In this Immediate section than north of here." Western forecast Indicates fair weather tonight and Hunday for western Texas nnd generally fair tonight for Louisiana with R robable scattered showers Hunday. For le balance partly cloudy weather toulgbt and tomorrow. . s Eastern forecast Indicates showers lifte tonight or Hunday for weat Florida, Ala bama and Mississippi. For the halauce fair weather tonight and tomorrow. CROP MOVEMENT FOR PAST WEEK Recrctary H*»t*r of th* New Orleans Cot ton Kxrhong*. In hi, wcektj statement of the nt<ir*m*nt of cotton, gives th* amount brought Into sight ilurlne th* past week nt 150,799 bn Ins, ngalnst 251.6X1 for th* s*r*n .tiny, ending this dst* last yesr. 161.542 year before last and 21,616 same time In 1908. The movement since September 1 shows receipts at all rutted States ports 7-’.7«S. agninst 149,977 last year, 103,281 year before laat and 10,817 anme time In 1903. Orerlnud nernaa the Mississippi, Ohio and I’otomae rivers to Northern mills nnd Canada 4.896, agninst 4,284 last yenr. 6.26' last and 189 same time In stocks In excess nf those held nt the dose of the eommerrlsl yesr 383 agninst 25,225 Inst year, 17,746 year liefore last nnd 9,406 anme time In 1903. Southern mills takings 44.000, against 42,296 Inst yenr, 27.298 year ' -ore last nnd 9,404 anme time In 1903. 'orelgn exports for the seren days hare been 62.600, ngntnxt 80,431. The total takings of American mills. North, Snath nnd Canada, thus fnr for the Edited by Joseph B. Lively MARKETS Mr. Lively's twenty-fl.-i years' experience of ed iting markets In Atlanta nnd the South baa made him a recognlxed nu thorlty In his specialty. RANGE ,OF NEW YORK STOCKS AND COTTON MARKETS NAME OF«STOCK. Amalgamated Cop Atlanllc Coast L&e. „ American Sugar Kef. .. Annuorulii American Locomotive.. do, preferred. . . . Amer. Smelting Kef. . do, preferred. . . • Atchiaon . do, prtfetred. . . . American Cotton Oil.. Amer. Car Foundry. .. Baltimore & Ohio. Colorado Fuel A; Iron../ Central Leather. . . „ _ do, preferred. ... Chic. Sc Great Weat’n. Chic., MU. Sc St. 1*. . . Delaware A Hudson... Distiller's Securities. Amer. ico Hecurltte*., , . Louisville A Nashville.. . . . Mexican Central , . Missouri Pacific. NAME OF 8TOCK. N. Y.. rtnt. A Western. National Load Northern Pacific New York Central. . . . Norfolk A Western. . . ( Pennsylvania. ..... 4 People’s Gaa . , Pressed Steel Car. . . 4 do. preferred Pacific Stall Reading 4 Republic Steel Rock Island do. preferred United Statea Rubber. . do. preferred Sloss-Sheffleld. . . Tenn. Coal A Iron. Texas A Pacific. . . Union Pacific. . . . United States Steel, do. preferred. Western Union. . Wabash do. preferred. NEW YORK. lures In New today: Kept. . , Oct. . . Nov. . . Dec. . . •Tan. . . Feb. . . March. . May. Closed steady, s Wisconsin Central. — — do. preferred; .* otal stock Bates today 483.100 shares'; LIVERPOOL. Oct.-Nov. . Nor.-Dec. . Dec.-Jan.. • Jan.-Feb. . Feb.-March.. Marcli-April.. I easy. Opening Tin ture. . .4.94 -4.91 Following table gives opening range and dole, compared with yesterday's closing: Futures opened easy. - PreVlonf Close. Close. ,--J 6.10 8.13 4.94 -4.9K4 4.96% 5.01 4.91 -4.043 4.94« 4.98 4.91 -4.94 4.94 4.96 ..4.94 -4.96% 4.96% 4.99> ..4.96 ^.97 4.97 5.01 ..4.96 -4.99 4.99 6.03 .4.98 -5.01 5.01 5.05 .6.02% 5.02% 5.06% .6.03 -5.04% 5.04% 6.08% Aprll-May. Nfny-Jnne. . Plowed qplet, NOTES ON GRAIN Pointers on Provision*. Htock. at th* snnbonril nml the twnnty- nln* lenillng «<iiith*rn Interior renter, have Invressed .luring the week 10,291 bales, agninst nn tncreose nf 73081 during th. eor- responding period last sen win, nnd nr* now 212.513 more than nt this date In 1903. Ineludlng stocks left over at porta nnd In terior towns from the last crop and the number of Imlet brought Into sight thin the supply to dst* for the same pe riod Inst yesr. SUPERINTENDENT KINO'S WEEKLY STATEMENT Superintendent King of the New York Cotton Exchange give* tho movement as follows: Waekly Movamant. This Yenr. Port recelpta........... 72,667 Overland to mills and Canada 4.129 •Southern mill taking*. 96,000 Gain In stock at Interior towns 1,619 Brought Into sight for week..113,306 Total Crop MovemanL Port recelpta 72.867 Overland to mills and ( anada 4.1ZJ •Southern mill taking*....... 36,000 Stock at Interior town* In excess of September 1 I. 5 * 3 Mat Year. 157,864 3.947 30.000 17,691 174,862 8,947 31,000 Private Wire to Ware A Lelnnd. Chicago, Sept. 8.—Wheat Is getting low enough to. wnrrnnt a moderate purchase. No special bullish features In sight at the moment, but there never la when prices nro lowest. Don't be afraid to buy corn, even If the bears keep ft down. They will have to provide for their contract* some dny. No Incentive to buy wheat, and this crowd Is running away from It. Data opened steady with Pringle a fair seller of December nnd May. Bartlett-Fra- sler nnd Cnrrliurton buying a few. Local crowd selling. Buying scattered. Inter-Ocean says: "Cash business In wheat In Chicago Friday was 70,000 bushels, Including 45,000 of No. 2 hard. Sales of corn were 300,000, .Including 60.000 near No. 2 yellow, flrat half of December shipment to Baltimore, said to be at 39H " o. b. Chicago. Sale* of oats were 160,000 bushels. At the seaboard exporter* sold 100,000 wheat, 64,000 corn and 150,000 oats. Prediction* are that the northwestern wheat movement will run very heavy next week. The heavy movement last year be gan about September 12, and It was prac tically nt high mark a week Intar. Duluth and Minneapolis received an average of About 446 ' ** ' ~ “ “ * ' “ * September, for the last Private Wire to Gibert A Clay, Chicago, Sept. 8.—The spring wheat at the moment Is not going to bo ns heavy at theta prices as It would be .If i to 10c higher. The weaker longa are out of the market aud large holders show no disposi tion to let go. We may hare torn* further alow, dragging decline, but believe It la much safer to buy wheat than sell at these price*. ■ftf"' WORLD’S VISIBLE SUPPLY OF COTTON Secretary Heater, of the New Orleans cotton exchange, in. his atatemeut of the world’s vlalble supply of cotton, show* a decrease for the week Juat closed of 64,* 011, agatnat an lucreaae of 6,029 laat year and an Increase of 33,989 year before laat. The total vlalhle Is 1.736,916, against 1,- 790.927 last week, 2.664,378 Inst year and 1.166.240 yenr before Inst. Of this, the to tal of American cotton la 867,916, against 903.927 last week. 1,693,378 laat year and 543.240 year !>efore laat, nnd of all other klnda. Including Egypt, Brasil, India,, etiv. 601,000. against 837.000 last week, 871,000 last year and 612,000 year liefore laat. The total world’s vlalble supply of cot ton a* above shows a decrease, compared with last week of 54.011, a decrease com pared with lost yenr of 827,462, and an Increase compared with year before laat of 581.676. t Britain nn«i connnenrsi r.iiropp <*»,- against 140,700 lest year and 667,000 year Iwfore laat; In Egypt, 29,000. against 42,000 laat y«*P «nd 49.W0 yearbefore fast; In India W6.000, against 173,000 tast year aud 316,000 year before last; and In the United Statea 813,000, against 543,000 last year and 224,000 year before laet« Brought Into sight thus far for ... •Estimated. 113,306 231,283 WEEKLY CHRONICLE’S REPORT ON WEATHER N*w York, Wl>t. 8.-Our silvl**, from th* South this evening deooto that rain hu been general during th* w**k, exe*pt In T*xna «nd n few polntn along the gulf. The preelpltntlon hsa l>eeu light or moder ate n rule. Tesnx advlcea denote that dnninge to open cotton tins rexulted from the rnln nnd that pleVtng has been de layed nnd deterioration la complained of In 2mie other localities. t’leklng. except tvhere Interrupted by wet weathet. ha* made good pr.igreafc W tha movement of the crop la less free tha* a yaar ago. GIBERT & CLAY •* * ALABAMA AT- COTTON. Cm A? N. ATLANTA. OA. corrxx.pnovi»ioNi Se Y T „ < ’? ’"ork Biehsng,.|New Oriennst'otton Eirbsnge.lChle^Board ofTrode. Rfcssa: ££Sib m s«alsBa«‘ss& 4 Baa UmI and Long DUUnca’TaVs'phon”529*! Elcb *"Vf. R. FAQAN. Manm** ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone, Main 858. ATLANTA, GEORGIA. NEW YORK BANK STATEMENT. The weekly statement of the New \ork Bank Association shows the following changes. Increase. Decrease. Reserves. *iM2x S Circulation. . 1,12O»0W Much more than expected. NORTHWEST CARS ^ ’ The following figures give the northwest ears today, last week and !Mt yj*rt Todav. Week. Year. WHEAT AT CLOSE NEAR JM " Trade Again Small with Cash Hcfuses the Priu- eipal Sellens. By Private tensed Wire. Chicago, Sept. 8.—Watson, tho big bear and short of Minneapolis, wns a buyer here, and he experienced no trouble In securing an much wheat an he cared to take car* of. It came out on the hard as well as the soft spots of the day. Ip failed to rally even In the face of the Increased demand. The close showed wheat 3-805-8c lower. Corn was dull and 8-8®3-8c lower. Oata were l-8e up to l-8@l-4o off. Provisions 5010c lower. Primary receipts for the week 8,628,- 000 bushels wheat and 8,899,000 bushels corn, compared with 6,616,000 and 4,- 102,000 bushels, respectively, a year ago; shipments 1,936,000 buaheln wheat and 2,776,000 buaheln corn. A year ago they were 2,435,000 nnd 3,392,000 bush els, respectively. Minneapolis .estimates receipts there for Monday at 600 cars. Spot No. Northern sold 2 i-2c over the Septcm her prices, showing a loss of lc of Ita premium for the week. Cash asles here were 16,000 bushels wheat, 300,000 bushels corn and 100,- 000 bushels oats. The seaboard reported 16 boat loads wheat, one load corn and 20,000 bushels oats for export. CHICAGO GRAIN MARKET. for todny follow: Open. High. £ I 8 IP 1 S 1 0 WHEAT- Sapt... Dec. May— COHN- Sept 47 Dec 42 Sept ID LTy;" ft i’ORK- fiept Jan... 13.26 LARD- o£b i Jan ... 7.90 SIDES— Sept 42% m4 30 ft ft iitt" 7.90 iliS" 7.7714 3014 ft its* 7.77V4 ft 8.60 8.65 7,82% CHICAGO CAR LOTS. To*lay. Tomor. Wheat g TO Data W7 2SS ■logs- . 1WW THE DRY GOOD8 MARKET. New York, Sept. S.-Bnalnea* In the dry grads district for the week haa been fully lip to expS-tatlona. Buysr* find It n«-M- aary to vlalt th* primary markets oft*n*r lu order to keep covered on tb* numerous adnuiees which srs occurring In tb* prices of the alapl* lines. The Impossibility of ettlng nny large quantity of good, for getting nny Inrg. quantity Immediate' delivery keetm small quantities frequently. them baying THE COTTON SEED OIL MARKET. New York. kept. 0.—The market (or cot ton seed oil waileea active •>»{ v**rv sternly. The recent liberal export business, estimated at 20.006 to 30*00) l>ar- r«*ls, with a rf»ntlnneil *o«l Inquiry, waa the principal Influence In the flrmneaa. Ad vice* from the South showed no j>re*snre of new oil. Not much la expected In tb* southeast until well In October* and offer- Inim In Texas for September are reported light. The fact that the crop I* ***•■»*! that stock* «f old oil are small are both important Influence* The market wna easy at the close, with prices % to lower.— XVsre * Wand. ^ Replemlter |7t October. ....... «•, Noremlwr Ih-cemlier. ...... January. ...... , Marrh S' t 2IL l *ilav. ...*»,»»»* • * 3» vt>7i — O—% Closed steady- Hales, 300 December at 30%, 1.40 8.42% 8.35 8.86 8.42% .15 7.15 7.66 7.06 7.17% CASH WHFJAT— No. 2 red 71671%: No. 3 do 70%67I%; No. 2 bard winter $%670%; No. 3 do 68% NEW ORLEANS. The following Is the range In cotton ffl* lurea In New orteana today: Oct. . Nov. . Dec. . Jan. . Feb. . March. May. . t'loaed steady. 9.26 8.991 9.02 9.25 Tom 9.03^4 9.06- 07 9.07- 08 9.15 9.01-82 9.28-29 0.43-44 il 9.21- 9,27. 9.42-13 ATLANTA MARKETS. FRUITS AND PRODUCE. Officially corrected by Atlanta Fruit and rroduce Exchange. Lemons, 17.751*3.00. Limes, 60075c. Pineapples, |1.6O0i5O. Bananas, straights, per bunch, 31.5091.75, Culls, per bunch, |1.00®l.26. TOULTBY AND COUNTRY PRODUCE- Llre hen. 8693754c; fries, «He26c; broil. I.'lvo ducks', Pekin, 35c; puddle, 2S027HC. Dressed hens, per pound, 12013c. Eggs, per dosen, 25c. Rutter, table, per pound, 20O22V4c; cook- R per pound, lzHOUc. nck7*fistS? r ’ 8 ®* l)0 |M>un<1: ,n one-pound "vEOKTAfri,E8-Irl.h potatoes. Na stock, 92.62X4 barrel; per bushel, 31.00. Onions, 3c per pound: cabbage, lkic poui hew ewcet potatoes, 50c bushel. CALIFORNIA FRUIT—Fancy stock: Elliertn |>caches, per box, 31.50. Mountain Bartlett pesra, per tiox, 93.25. tlroaa pluma, per crate, 92. Colutnltlan prunes, per crate, 92. R?*® ,* r *P-*' P* r «•»». 32.50. Blue tlelvolee gropes, per crate, 92.60. FLOUR, GRAIN, PROVI8ION8, FLOUR—Postal e patent. 95.75; Diamond fancy, $3.90; spring wheat patent, $5.09 CORN—Choice red cob, 76e; No. 2 white, *c; N<l 2 yellow, 74c; mlxed^nc. OATH—Choice white rllpm-d, 62c; choice white, 50c; choice mixed, 4$c; Texa proof. 60c. MEAL—Plain water-gremd, per 73c; l>olted. l4U-nnund *ure« t per bnah... Hlmrts, white, $1.50; medium. $1.40; brown, fl.JS: pure bran, $1.10: mixed bran, $1.06. IIAY—Timothy, choir* large bales, $1.10. do., choice small luiieo. )1.05; do., No. : timothy bale*, $1.00; No. A $1.00;, do., No. 1 •doevr mixed- S1.00; do., No. 3 ciover mixed, 90c. CLOVER—Choice 90c. Tho ntmvn prices are /. o. b. Atlanta, and subject to Immediate acceptance. GROCERIES. BUGAII—Standard granulated, $5.20. New York refined, 4V4c; prnnUtlone, 5c. llsrk.t very strong. COFFEE—Boosted Arbuckle's 916.50. Irnlk, In bags <* barrels, iSc; green, 100 12c RICE—Carolina 4%07%c, according rrnde. Market very strong. CHEESE—Fancy fall cream dairy, 14%c twin* 14c: brick 14c. Market strong, PROVISIONS—Hujireme hams, 15c. Dove - Callror ' * ‘ hums, 15%c. Irornla hnms, _ ri?a,‘~<9.67X4 . . tat backs, Sc; plate* Sc; Supreme lard, $9.82%; Red Cross, 10c* Snow Drift compound, 7%c; Red Cross, 7%c. SOUTHERN EXCHANGE Oldest Established Office 8011th. COTTON STOCKS BONDS GRAIN Ground Floor Gould Building. Daily market letter and market manuti! mailed on application. * PRIMARY MOVEMENT. The following figures give the *prlmnry movement of wheat nnd corn today: Wheat—Ite<>elpta 713,000 bushels, against 012.000 bushels Inst year; shipments 407.000 bushels, against 488.000 bushels laat yenr. Corn—Receipts 548,000 bushels, against 697.000 bushels .Inst year: shipments 702,* 000 bushels, against 883,000 bushels last year. LJ. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Correspondent's Capital $250,000 REFERENCE, THE NEAL. BANK PHONE 1417., PRUDENTIAL BLOC HUBBARD BROS & CO COTTON '*9 MERCHANTS Atlanta Offices, 239-221 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. Phoncs’454, Long Distance J9. A.S. Hustace, Mgr. coTTON^c^m, ^rovision's.HtocksPbonds, H». 2 Watt SI., Ptlert Atlaola, 6a. Ckkajo Board at Data. MlMBiiS: fnr fart Colton Ctchangr. few Orleans Cotton ttdiangt. - ----- - UrerBOo! Cottoo Assotlslioo. new York Collet Etchanjo. hlntf Wires to few York. How Orleans. Chicago. B. C COTHRAN. Manner. Boll Pbooe 120.Staaiaid Photo ISk TIPS FLASHED From Wall Street Private Wire to Ware & Leland. New York, Kept, 8.—London Irregular. Two million five hundred thousand dollars gold reported engaged abroad todny. A bau bank statement expected, with re- n deficit, nnd while many think that It has been discounted In view or •large gold engagements to l»e announciMl Momlov, u feverish market <*nn lae expected. Benrlsh professionals are on the nlert, nnd watching for openings to sell on, and it that attacks on Pennsylvania and Rending may Ihj witnessed. \\ ouId. favor the acceptance of profits sharp advances should they take place. The Iniiika have lost over $10,000,000 this week, and the bank statement Is expected to be very bail. The latest order from Hecretary 8huw has causo«l considerable selling. There waa some aellinr through the mar JfA, ® n . feur * of a bad hank atatemeut, ultnoiigli a considerable reduction In loans Is expected. *J n circulation to the ef. feet that United Htatea Reduction, and Re- flnlng will Im» put aliove 40 In a very abort time. The bnying of the stock yesterday was an Id to be good. We suggest that It J»e watched, ns there Is a tendency to handle low-prlcod stocks because they are cheaper to manipulate undqf existing dr* Wire to Glliert A Clny. New York, Kept. 8.-Marsha!I. Rpader the close of the market, It **f .that the recovery had been lib eral throughout the list, nml In the absence TL IT" ohrcouwtlng causes this morn- we expect a g<Hsl tone nnd support to ri Cn ,PP < *L Reading, New York ' u*' °ther lending shares should show the effect of the better feel- L!fL ,,ke,r to I'rcrnll. At this writing, tlie tin' ff0 . ld opproxlmate $10,000,000. $2,500,000 having been announced this morning.' - “don special says: "There was nlthdrnwn this morn ng from the Bunk of New i yoric^ ,,W0,00 ° *° d for ■hipmeut to ItT! 1 ® >8*" JL°F k WmiBetal Bureau says: 1J “settlement Is promised for today In the ft°ck market by the news at this writ- lug. The situation may steady Itself. To day the surplus may disappear entirely, but the fact that, perhnpsj $10,000,000 pM baa been engaged for Jni|H>rt offsets this. Wl would mnlntuln n cautious position, but on drops are Incllnexl to think that pur- chases for turns will prove profitable as Iniyo Interests, while they have dls- . some stocks, mast support, and tnillnillnns point to ft Ml*f on th* port of th* powrrs thnt a lilplfct dlntrllititlv* l*v*l *«n lie innrt* ft snerpss tni*r with tn. t*r*st In sp**ulntlon nronsin. nt It Is now, provided It Is not nllow*il to get nw»jr en tirely. We do not find thnt mneh stock enrae ont on tho decline jesterdsr, and it Is possllile thst a Idg transfer of losns hss occurred In such n wny that the hanks will mnko a showing lietter thnn genemlly nn- th'liwtcd. The mnnetarjr situation Is crltl- eftl beyond n doubt, hnt It Is not estremelv dangerous If stock speeulntlon Is kept wlth- n Itoumls nnd th* mere ninlntennuee of mines li.v those who hove eorupnnittrelv ehenp Is to carry securities will nut prove n menace. The fmidnsientsls sre bullish, snd lijr patiently nnd conservatively passing over the money sickness, we think the market will be In a healthy condition. Specialty Improvement, its frequently slat- STOCKS STARTED L Volume of Business Was Only Moderate the First Hour. TONE WAS STEADY Bank Statement Was Much Worse Than Expected, But Relief Expected. LONDON 8T0CK MARKET. HTOCK— Absconds.. Baltimore and Ohio. . . 'nmtdlnn Pacific hesapenke nnd Ohio.. .. 'hie., Mil, nnd Ht. Paul. rJrle ,,,,, Illinois Centrsl 1 -oulsvllle nnd Nashville.. Missouri. Kansas and Texas, do, preferred New York Central. , . , Northern Pacific Norfolk and Western Ontario and Western 'Vnnsrlvsnls . . lending. Itnck Island Southern Pacific Southern Unitwny Union Pacific United States Steel preferred.. .. .. .. By Private Leased Wire. New York, Sept. 8.—The stock mar ket today opened dull and without defi nite tendency. Shortly afterward It hardened somewhat when stocks like Brooklyn Rapid Transit, Erie and some of the Steel group developed strength. Tho active trading was confined to these few Issues during the great part of the sessslon. In view of the money market conditions, the bank statement waa awaited with more than the us ual Interest, and the trading during the first 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 will be announced on next Mon day, and the bull cliques can bf trust ed to mako proper market use of that ’’stlmulaUng Influence.” ' ■-[. The bank figures were as unfavor able as expected. The reserve de creased 59,447,306, Wiping out the sur plus, leaving instea4 a deficit of 96,577,- 925. Notwithstanding the contraction In the loan Item of 912,000,000 and a decrease In deposits of very nearly 528,000,000, tha loss In cash wps 916,- 408,100. -This Is more than bank ac tually lost this week, but l| accounts for the loss of last »;eck, which did not appear In the previous statement. The stock market took the unfavor able showing well. ■ Prices shaded off slightly at first, but soon rallied, nnd the close was the best figures of tho day. The stock market opened Irregular. St. Paul, Pennsylvania, the Steel stocks and Southern Pacific were unchanged. Reading declined 1-8, Canadian Paci fic 1-2, Smelting 3-8, Great Northern.' preferred 6-8 and St. Paul 8-8. After rallying Union Pacific declined 5-8. Northern Pacific gained 11-9, Brook lyn Rapid Transit 1-2; Erie 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 it matter of com ment that the flood of stocks sold yes terday by Western houses had been wholly absorbed and that buying ord ers this morning could only be execut ed at advancing prices. The only large crowds were . In Brooklyn Rapid Transit, Erie and Reading. London bought a small amount of Erie and sold some Steel common, but arbitrage brokers stated that It was hard to trade with London today lie- cause of the Interest shown in the boat race. Government bonds unchanged. Oth er bonds firm. 31 % 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 call and Inepect our quarters and Investigate our facilities to serve you, A hearty welcome awr.lte you at this bank. A8A Q. CANDLER, PrssIdenL W. H. PATTERSON, Vlce-Pret. A. P. COLE8, Cashier. JOHN 8. OWENS, Vlce-Pree. WM. D. OWENS, Aiet. Cashier. r ATLANTA NATIONAL BANK ATLANTA. GA C. E. CURRIER, PrssIdenL A. E. THORNTON, VIoe-PresIdsnL H. T. INMAN, Vlce-Preeldent. GEO. R. DONOVAN, Caehler. JAMES S. FLOYD, Aeel Caehler. Capital $500,000.00 Surplus and Undivided Profits $500,000.00 We Solicit Your Patronage. V, 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. Safe Deposit Boxes For rent in our vaults in the basement of the Empire (Building for only $5.00 each per annum. Absolute Security and all Modern Conveniences You should not he Without one. IVe invite you lo call and inspect them. Title Guarantee and Trust Co.