Below is the OCR text representation for this newspapers page.

THE ATLANTA GEORGIAN. 13 BEARS SELLING COTTON FREELY Their Orders to Sell Caused Slight Opening De cline Today. PUBLIC HOLDS ALOOF Professionals Fight Among Themselves—Spot Cot ton Firmly Held. New York, Sept. 19.—In view of the eebJes the opening of the local cotton market thle morning was disappointing, fluenced by heavy selling pressure froi strong Interests who were identified with the bear side yesterday. After the call the local market rallied 2 to 3 points from the bottom. The Liverpool market at the opening this morning whs not discouraging. It opened shout «s expected, or about 6 points down (or futures mul 2 points off on spot on sales of 7.000 bales. The close was steudy at shunt 5 points decline from yesterday's *11)11* Liverpool's showing the New York market should bare opened at Uttle change from vesterdnr, or 1 to 2 points higher, whereas Initial prices showed declines of 1 to 4 points, followed by an Improvement of some •• to S |M)lnts lu the early trading. nf- ter which the tone was dull with fluctua tions narrow, though the tendency was slightlv toward a lower level. The public Is out of the market appar ently ut present, leaving the professional ennv ix tut. imueamiuuni element, always bears, to shape the course of prices on cotton tor future deliver; NEWS AND GOSSIP Of tbe Fleecy Staple. Private Win to Ware * r^Iand New York, sept. 19,-IJvmvool fntnr.. op.- n «l .tea.jy, , palate down! 1 ' At 12:15 p! 7ttVl «a"'r n, i “h*. quiet, Spot ante, down.** *'**■ * aowu - ,w *° <™mc <CS teMM5SS°L'!S!!* ! v “MflrtW effected uu. ravorably by poor New York reports'* aide* w1lln^“ 8< I.StS* r n, " , ' r »™»ored oat- k .**• .Offerings tnkeu mostly by end reports" tJ’Sf'S® SJSSfJSSS KVXrVr StS "'re.’SKS: flffiVKSS* ,h .KS.A** a fair da- raminJri* S52 01 !; .T hto "riTZ have been supplied, and local operators are soiling the market. Carpenter. Baggott & Co.: "With the r^ur±rin°d f Z P n n dVtteV.W'.n”lna of manufacturers, we would favor sell- rX, e much lower prices." °.%fW-VIckrtarg. Mtos.. sires. Gins In this locality ginning to date exceeds two years ago 26 to 76 per cent. e weather map tered showers In Ti . rnlu In the Atlantic states. / Edited by Joseph B. Lively MARKETS Mr. Lively's twenty-five years' experience of ed iting markets In Atlanta and the South bn* made him a recognised au thority in bis specialty. TIPS FLASHED From Well Street RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAME OF STOCK. Amain mated Coup,,.. Atlantic Coaat Line. .. American Wurar ltof, .. Anaconda American Locomotive.. . do. preferred. . . . Amer. Smelting lief. . .. do, preferred. . . . Atehlaon do. preferred. . . . American Cotton OIL . Amer. Car Foandry. .. Baltimore * Ohio. . .. Brooklyn Rapid Tran.. C»P*dfan Pacific. . . . Chic. * North weitern., Chesapeake A Ohio. . . Colorado Fuel A Iron.. Central leather _. do. preferred. . . . g&.U r ?W v f?‘'. n : : do, preferred.’! fiptwral blectrlc Illinois Central Amer. lee Securities. .. . Loul.vllla * Naahvllle,. . Mexican Central Ml.eourl l'aclflc. are dry. Liverpool cables: “Market bolding firm In consequence of the atrength of the local -not altuatlon and Insufficient olferlnga of cottou from the south." Private Wire to Glbert A Clay. Now York, Sent. M.-Llverpool at 12:S0 p. lit. lower. Was due 4®GH lower. ^ trading mainly local. New Orleans. Sept. U.Alvcrpool 40454 down Is as expected, and sliould have no *» ««»•• "mwiiw, *»*-. v dispatch says: The movement out of this section this year baa been rnorreadented. The farmers st the present good price of eotton. with ...-*ge ot A dispatch from Taylc.. i several years. If at all, „ denrnud for cotton pickers Tex., says: “Not was there there and thla morning, and It seems as thom tlie farmers are unable to cope with the situation, and should n rainy spell set In from failure to get It gathered." «" 88 otaI stock sales NAMK OF 8TOCK. N. Y.. onf. A Westerns Nath mu | Lead. . . . Northern l’aclflc. . New York Central, Norfolk A Western. Pennsylvania. . . . People's Gas Pressed Steel Car. do. preferred. . I'adfle Mall. .... Reading. Republic Steel. Rock Island. do. United Stntes Kubb do. preferred. . Southern Pacific. . Southern Railway. do. preferred. . K!oss-Sheffield. . . Teuu. Coal A- Iron. Texas A Pacific. . . Union Pacific. . . . , United 8tates Steel. do. preferred. . , Va.-Cnr. Chemical. do. preferred.. . , Western Union. . . , Wabash do. preferred. NEW YORK. The following Is the range In cotton fu- turew In New York today: ..—rery. lu tbert* Is a good demand, and while of ferings are free, sellers refuse to make concessions. In the eastern belt occasional showers and thunderstorms are predicted except for Mis sissippi, where fair weather Is forecasted. Generally fair weather Is Indicated In Tcxa* and the territories for tonight and Thursday, while In Louisiana and Arknusas occasional showers nro predicted. Following oto the active months In Liver pool today: ~— High. o.06 Open. Octolier-November. ..6.04 Jnimnry-February. ...6.06 Low. 6.07 5.044 March-April 6.10 6.114 May-June 6.13 6.15 comparative ltecelpt* at all U. 8. Ports— quite a number of stations are missing. Our traveling correspondent wires I Stamford. Tex.: "Wnco. Morg Dublin good crop. Dublin. Cl to Stamford simply Immense: days Into. Plant large and bea from uorm . . Cisco, Albany , , „ ...—, . .use; about ten days late. Plant large and heavily fruited; some complaint of worms, but local. With normal conditions this section will nmke n mammoth crop. Picking It will be the problem. Recent fine weather mnturlug cotton rapidly." EARLY ADVANCE FLASH IN THE PAN Same time last year 1906. Ipts .. 66.802 Shipment* 52,746 Stock* 103,209 No comparison with last year. Estimated Receipts Tomorrow- 1904. 86.611 65.702 81,682 1906. 2,011 11,148 1906. Orleans .. 2,400 to 1,400 nivputoh 9,000 to 10.000 louston ..12,800 to 13,800 10.667 Tevss buying In New Orleans and lu New York caused late steadiness, and In,the late • ling the best prices were reached, the ip being steady I,to 5 f>olnts better thau yesterday at the close. SPOT COTTON MARKET. Liverpool, cotton, spot demand moderate ml easier: middling uplands 6.60d; sales American 5,930; speculation aud ex- dpt* 1,000; American 200. port York, quiet New Orlenus, firm at 9 5-16c. Augusta, firm at 94c. Xavunnah. steady at 9‘lc. 8t. Louis, steady at “ early advance was merely a Hast. ... f an. A local crop report, was expected o do great things for the market. Tike truth Is that It declined before the report appeared. The early rtse was due to the firmness of Liverpool, heavy rains In the eastern belt, expectations of a crop report by a Wall street bouse showln* nnlt$» it marked deterioration In the crop covering, to any nothing of buying on what appeared to be a rather liberal scale by some of the snot Interests. Later on, how ever, the market got a backset from real ising and a IienrbdP demonstration. favored by the fact that the weather lu the main was favorable In the cotton belt, and much of the local short Interest had been cov ered. Another thing ngalnst the market was the continued Indifference of the out side public. Deterioration there may have been, but most people believe that It Is no greater than usual nt this tlmt of the year. The spot demand Is said to be good, and spot markets were generally Ann, but oday 1,461 100 shares. LIVERPOOL. The following figures give the opening range and close, compared with yesterday's Futures opened easier. Opening. Frev Range. Close. Cloi September. Sept.-Oct. Oct.-Nov Nov.-Dec. • • , Dec.-Jan. . . . Jan.-Feb. . . . Feb.-March .. .. Msrch-Apnl Anrfl-May. . . . Mny-June. ... Closed steady. 6.10 6.15 5.114 5.17 5.13 5.184 NOTES ON GRAIN Pointers on Provisions. hedg- nnd Insist that Bulls are not wanting who are biding I) their time, but there Is no organised bul party, despite the fac}_thAt worbUs^,sup plies are small, receipts comparative!:! light, cotton goods In excellent demand nnd the consumption of raw material large."— Glbert & ell "in' ' iiiiii ni » ciov. Baltimore, nominal nt 9V4e. Wilmington, steady nt 94?. TODAY'6 FORT RECEIPTS. The following table shows receipts at tbs ports today, compered ~ **■ - last ytar: with the asms day N'-w Orleans , nlvp Mobile arnnnnh , liarleston . . . . , Wilmington .... Norfolk York Ilosto 4191 9022 1453 6128 1101 11417 1707 2439 3618 INTERIOR MOVEMENT. The following table shows receipts at tbs A'lcustu. . . Memphis . , »t. Louis . . Cincinnati . , COTTON 8EED OIL MARKET. York. Kept. 19.—The market was **L l *°t nnd n little easier. There was lack "t support from the large refining Inter- nnd there was some local selling. New Orleans. Sept. 19.—The Times Dem ocrat: "Yesterday a cotton market was an ungracious affair. Foreign talent, stirred bv the cron deterioration reports sent from America. Uhl the logical thing nnd bought contracts. The ols-Atlnntlc talent, rove ton* nnd quick to recognise an advantage, Private Wire to Ware A Leland. Chicago, Sept. 19.—News Is coming quite bullish on wheat, and the under tone to the market la strong. Looks like further advance. Minneapolis stock of wheat decreased 250.000 in four days. Wheat strong on the cables. Wrenn is a good buyer of May wheat. Fair advance In wheat, but offerings large, pit traders good buyers, and h< ers of ups In evidence ns buyers. Northwest nnnnsra ns seller of May wheat through Mnrtlehl and Peavy. Crowd here has taken It. Bartlett,. Fmtler A Carrington buyers of wheat through brokers. Local shorts and outside Investors buy ing oats. Everybody seemed to have or ders to buy December at opening, which caused a sharp advance. 8epteml»er corn cornered. Natural re- suits of all buying orders this morning. Noue for sale till 49c. and then Armour J. If. W supplied all. Mn vVrenn best buyer of tIi® lard market Is rather heavy, with ‘ * j t Jf Private Wire to Glbert 4b Clay. Chicago. Sept. 19.-Deeldedly Improved WHEAT STRONG • IN THE NORTHWEST Started the Market Finn, Active and Higher with Shorts Good Buyers. NEW ORLEANS. Private Wire to \V„.. „ New York, Sept. 19.—London firm, hut advances small. •», likely that Rending, Baltimore nnd Ohio and Amalgamated Copper will continue ns lenders, nnd there Is enough bullish talk on the*«» to Indlcnte that they may be forced to higher levels. Advantage wns taken to sMI Aiiraniage wns taken to stll out long stocks ou the upturns, nnd the market nets heavy. Would only buy them on ■Iwjrp dips. Would sell out Coppers. Expect announcement dn dividend In Car American stocks In London firm, 4©4<* above parity. Missouri Pacific earnln September increase Lake Shore nunual figures show a sur plus after dividends of 3741,123, a decrease of 3127,175. Republican primaries Indorae president, defeating Odell nnd Qulgg. vlded, with egates to lleant. Order* on Imoks of various steel com- nanles aro estimated at more than 31.000, 000,000. Kafr demand for stocks fn loan crowd. Wheat exports In August largest In four ears, and to Keptemher *" * hent prdduclng country. Hoo report shmrs 19 810 per cent earned i common stock. Government deposits ngalnst gold In Tran sit now 3M,878.000. Kanawha aud Michlgnn annual report shown surplus equal to 3 per cent on capi tal stock. Denver and Rio Grande earnings for see on<t week of September Increase $21,000. Twelve Industrials advanced .21 ner cent. Twenty active railroads declined .09 per cent. Ing Is th Orleans Sept today: Oct . Nov. . Dec. . Nov. . Heb. . Marah. May . . . Closed steady. fills Is I tin 9.&I 9.i0 $.*§ l9.il | 9.151 9.22| 9.13| 9.22 .|9.32 9.46 9.Z7 9.36 9.42 fo.8i 9.36-87 9.41-43 9.51-62 9.9022 9.M-24 9.8844 9.11-40 9.62-S QIBERT & CLAY'S DAILY COTTON LETTER 19.—Liverpool cables Jf r ® , Iras favorable and show- from the sentiment Private Wire to Glbert A Clay. New York. Sept. 19.—Marshall. Spader _ Co.: “Much Interest In trading today will probably center In the metal stocks. Speculative requirements make tbp dividend on Anaconda a very Important considera tion. and nil Increase of 6 per cent per nnnani Is talked nhont to a rate of 28 per cent. The price movement in the atoek recently reflects something like this. We are Inclined to look for a strong money market until full effects of gold Imports la known ou both American nnd foreign financial markets." The course of the market depends on the money situation. Would buy only on weakness. Like Rending and Baltimore and Ohio. The traders are nalng the high money rates as an argument to put tne market down. - A big house Is advising its easterners over a private wire confidentially it 10:48 to sell Rending; that the more baa l>een a west ern oue and the eastern crowd Is trying to shnke out the hulls. The Information comes from n Philadelphia Institution that lias been correct In predicting the advance lu Rending. New York Financial Bureau: Our In- >n &’ w,t ^ much freer offer- * „ There were no developments Ihnn 1 ^..ninrket today to cause other ....... . ...... ..on i 11, nr-h T-vciilT SUS 0 *?. nitty be accoiiuteil for by the fact that numcrc"- *—-*— — r.lpt, unflfre.rtni.tw! and it'orti c.ttlns nervmis. Wcnther all tbnt could li* dwired, hut helluve preaent price, full, dlKouut *1 We'lf’hlnk Ihnt there la little douht that Mn, corn will ,oll at 60c. Ct.h demand J.nt; would huy 'them. l’rorl.lon. ^-"i,mrkYud t0 ot' l . r ?llfn .old the .tuff on the hard .pot crenteii liy .iinilri' hiilll.h cnlilcirruin.. The result wns a division, nnd the nfteruinth will probably Iw the growth of .uinlclon uhroad _ near future, though In the ut)- of proof Ihnt the ucrengc tin. boon wrldngly underc.tlmnted, there I. 110 ren- non why the cotton market should not inttnue to pursue tho oven tenor of It war, at least, until ths relstlon of demand to gupply^bo more ful^jr^detorinlned^^ *;‘onr- ly enough, the Amertcan public la lu no mood to lioost tho fortunes of the staple where goisl money Is the Itnke. Ileneo, the tnetlce of the prnfeeslonnl, whoso only opponent now is sonio brother profes sional of tho opposite persuasion, are ex- plnlnahln ou the theory of the survival of Ihs fittest. Meanwhile, the game to not worth the candle. Thus far, apot ecllers have found epot Imyere eoger enough, nnd discounting nn enrly alteration )n eunent attitude In thle reepect may develop fresh complications, neither the fanner nor the sninner having got down to business. Thero *e also promts' of a disappointing spec, ulnllve season. Beyond the shadow of a doubt tho farmer has a fight of unit mag- nltuile on his hands. While he may wfa In the long ,.“&rJ , ,v, r j[ , 'Leliin2 verses now nml then, —ware « Lcianu. WA R e4 UK.AND-8)TT0N LETTER . ilttlf quieter feeling nbrnml, nm nrniiy any changes In foreign conditions Immediately reflected here, n* the for- wffn demand has been rho principal feature »-r the recent advance. Southern rep«>rta ”'‘ ro contradictory. There were a good niiny t>om|dnlnta of slow moving of seed "" * small offerings. The market at wns easier with 'v‘ lower.—Ware A Leland. OfH'tlltlR. fires unchanged iJrtetrilwr '•"ember.. i'C'cmber. ■mVriosing. i iiit 1^^30^4131 New York. Kept. 19.—A. hue happened ,.fler each sharp advance so far till, sea son, the market ran off .barply this morn ing, registering n decline of about 1,7 poTiits from the high level of yesterday, bn the decline, there wn§ considerable buying for both necounta, and this led to a very dull market later on In the day with not enough genernl trading to lend to fluctuations of any Importance. Those who Mid heavily yesterday were dtepoaed to lake back some of their cotton, but the market wns charncterlxod by striking nb- m . of any aggressive demand. There general ‘feeling In the more- eonserva- iivo eirrles that the strength of the spot situation, the imeertelnty of the frost ilate. the active demand for dry goods and the general disposition to look Mr cnnaldern- I... iieellne In tho condition shown by the next bureau report, all operate In favor of V Sb-ndy marU with JuM such nerv - weakened on the same kind of selling n> ye.ferdny, nt traders to rebl prices a« long ns bulls do not guetalu them. WEATHER IN COTTON BELT. Texns-Fort Worth dear and pleasant. Sherman. Belton, Tyler, Temple. Dallos, Merkel, Colorado, Hleo, Abllene and l to- co eleer anil cool. San Antonio cloudy nnd cool. lloueton partly cloudy aud ’'silTsIssIppl-Merldlen clear and fine. Hat tiesburg clear and warm. AMrdeeti am Tupelo cloudy nnd pleaeaut. ( orlntb anil New Allieny i-linr end warm. Amory clomly and warm. Atanama—Birmingham clear and fine. Opelika cloudy and cool; hard rain last 'light. Selma and Montgomerr clear nnd warm. Troy clear and pleasant. Mohlle partly cloudy; hard rain last night. Hunts ville cloudy and warm. Georgia—I’olumbua clear ami hot. lnnta partly cloudy and Pleasant. Macon cloudy and pleasant, tart rain yesterday afternoon, yliheny end Ametlcu. clear and warm. Savannah partly cloudy nnd warm. WEATHER IN WHEAT BELT. Kxlreme Northweet-Fglr to dear! « to M Northwelt—Generally cloudy; 4« t nlKive; raining Berrte and Huron. ” Wont nnd Southwest—Pirtly-cloudy, 48 to 72 alwve: general rains In Knuses-, local ra i n h , .o ,, V.fc“»3 n y?«ro -7t above; Ugh. gi>ueral rains. WEATHER FORECA8T. Georgia—Fair Wednesday and Thnradny "ft t ,.iriS.' B Wee W « l “nirida t .A ta .-m«. Mix iHllinn, » PK F mtiun,, guMe.s-e.sr., ■iKlDut .ml Ba.t Texas-Fslr W ednesday and'Thursday: light variable winds. Hast Florida—Fair Wednesday ThuJar: liffhf wlndi, nioatly «aat. ‘ P.! . I__ _ Wmlnalllfil- find TI rinrtiiatlori* at w« havo ueen • naving re cently Tlint this view Is being more wide, fy heiil, accounts for the wTlIIngucsi of many T opera tore to Imy cotton on week .note where the Inrllnntloii wee lacking a month ago. At thle season of the year, however, there Is so much cotton for sale hi the South that any upward movement must be attended with sharp set-bucks until It. to knowj. _al-.utjhe_.lw rt^the crop. On nil aluirp ndvnii.es, the mar- k«t apppnri to 1)« n * a ‘ e ' •• f. ALABAMA 9T, ATLANTA. OA. GIBERT & CLAY coffec. pi«ovi*ion» S*» York Block Bgchenge.lNew Orleene C°tte n EjJJJSgelu'verpoo^Cetton'AT.oriatton asassssKffliss: sis~ ssasisf..u™t« ... l... e-jRaarttf West texae-FoIr wSlueeday and Thur. f ' a /rkansas—Showers ind cooler Wednea '"nVlnols—Local ? .bowers tonight and to- '"i’ndlana. Kansas, the Dehotae and Mon- tana—Fair tonlabt ana tomorrow Wisconsin _«ud MlnnesoM-b «lr tonight and tomorrow, axrapt poaalbly shower* to- "fewi. Missouri. Nehreekn-Bhowere tonight nnd tomorrow fair. THE 8UGAR MARKET. New York, Sept. IS.-The locel refined end raw sugar martlet 3 —*“—* steady and unebanged. ngnr market dull; Septenilwr no- ,ud October Std lower »t 9e W. LIVE STOCK MARKET. ALONZO RICHARDSON & CO PUBLIC ACCOUNTANTS ' AND AUDITORS Bell Phone, Main 858. GEORGIA. ■» Empire Building. ATLANTA. Chicago. Sept. U.—IIoge—Estimated re- •Iota tmloy 23.000 Market etrong to Sc Cattle—Estimated ^rerel^tejiO|WO^Meritet flWt.tO: heifers II 40ft 6.30; ; roo«I prime iteera 38.90^6.89: Nte.ndy to strotii 6.90; cows calve* 364J8 l prime eteera I3.9>^u.l0: noor 'to’ medium 38.9006.89; stoekera and fcctlcra 32.40ft 4.60. Sheep—Estlmnte«l reeelnte 28.010. Market Slow; steady; nuallty folr; native Mine 5.50; western O.t0«».60; yearlings 15.600 5.15. Isiuibs $4 3006.65; western $4.50. THE DRY GOODS! MARKET. New York. Hept. 19.—The dry good* mar ket today waa quiet. Cotton yarn* were um... .... export trade waa quiet, the r'utian trade for the eenaon lielng demoral- IiumI. Heavy goods sold for lmme<ltate de- livery, hut were not being called for freely on contract. .... The Important fea ture of the market waa the bbbllng for wide print cloths for delivery In January, February and March. Chicago, Sept 19.—There were more bulla on the board of trade today, and closing prices for the day showed ad vances of fi-8497-flc Id wheat, 1 l-4c In corn and 3-8c In oats, Provisions were generally better. The average board of trade man feels encouraged because of the large in crease In the volume of business. Everybody seemed to do a good-sited business. The fact that the outsider Is now. taking hold on the buying s de of wheat com and oats may be called the most encouraging feature. Cash sales were 6 loads wheat, 2 of corn and 600,000 bushels oats at the seaboard; 7,000 bushels wheat, 60,000 bushels corn and 16,000 bushels oats at Chicago. Primary receipt.; Whent 1.060,000 bushels and corn 915,000 bushels, com* pared with 1,116,000 and 796,000 bush els, respectively, a year ago. Clearances from the seaboard for the day were 565,000 bushels wheat, 129,000 bushels com and 600 bushels oats. CHICAGO GRAIN MARKET. for today : nigh. Optn, WHKAT- Bept..., 71 Hoc 14 M %iiN- 14 I S I 8 - 8 78% I 1 hedge* nenltist pur- chn§es of *pntx T\ l*> <-arllrr In the w *n- ‘ being taken out, and also ow ,n S to . *relt grounded disfnelfimtlon to 2nL whl ^x.l ,ro,, >Pt .shlpmenta remain unfitI- niled. The weather, also, excepting in some localities. Is favorable for pleklng, nnd on enormous movement la roufldciitfv expected shortly. Advices from central nnd western Texas Indlente that nn excel- has already been made, and that the scarcity of pickers alone Is the cause of any apprehension. Apart from these Influences that affect tho present eourso of the market, the belief generally weight of actual cotton wlU cause i uni depression of n ‘ la a scalpers' mark PRIMARY MOVEMENT. Jh_*_followjng t figure* give the primary movement, of wheat and corn today Wheat-Receipts 1,060,000 bushels, against L184.000 bushels Inst year: shipments 661.- 000 bushels, agnlnst 677,000 bushels last year. Uorn—Receipt* 916.000 bushels, agnlnat bushels Inst year: shipment* totlny 670.fX>j bushels, agnlust 831,000 bushels lot yenr. CHICAGO CAR LOTS. Wheat.. Cora.. .. Oats.... Hogs.. .. *sr ..23.000 22,000 mt: m Sept.. 16.86 "ilk.. 12.16 LARD— Sapt.. 8.75 Dec.. 8.75 ‘lay... 7.60 s)des— Sept... 8.99 Dec.. 8.60. 14. 84 3474 st m it 8.76 7.67H HP C’ASH 8.99 8.50 6.87V4 8.97V4 ifC 8.96 8.60 6.87V6 No. 2 red 73V4©73%: No. 8 do 7114071: N< hard winter 72»A#i6; No. 3 do 70H974. THE LIVERPOOL GRAIN MARKET. Wheat—Opened He higher: at 1:30 p. m., HflHe higher; closed lntjpTie higher. (Torn—Opened HftHc higher; nt 1:30 p. m., %G%c higher; closed HftHc higher. SOUTHERN EXCHANGE OldMt Established Office South. COTTOU STOCKS BONDS GRAIN Ground Floor Oould Building. Daily market letter and market manual mailed on application. conservative Improvement, and we Ih*I Important deni* under negotiation neces sitate activity, while the insiders desiring to maintain public Interest and keep the market's outside following Intact, must sustain activity. Therefore, no serious re cession seems likely. Remember that the big fellows have the hacking of the strong est fundamentals ever brought forward for a hull market, nnd also recollect that con servatlain has been practiced for n if" time, which ha* imparted a foundation stability to not only general business but to llunure. nnd this consideration we deem arc conservatively bullish. New York, Kept. 19.—Agnln Liverpool tried to help the bulls out nnd failed to respond fully to ths decline In our market yeater day, hut the hulls failed to take advantage of the opportunity, hence, price* opened off 2 to 4 points. The public continue* to play the waiting game, and In the meantime the ring trader* mouse themselves hr. plhjlu* ping pong with Ihe market, one day hallo, the next bear*; Crop reports continue to come In very much mixed, some claiming that prospect* hare never been better and others that they are very poor. Thero Is doubt lint tlmt conditions have been de teriorating rapidly for the last three weeks, as I* usual for a wet aonaon as wa bare had, nnd by the. October report of th# gov ernment wa expect to nee n substantia! fall ing off In the figures. We do not believe In the bumper crop estlinntes that have been floating around, nnd think we will do well to g$»t 11,760,000, which will hardly lie suf fleient to supply the demand In view of the small surplus carried over. Also with the lateness of the crop, we think present prices too low to hold. STOCKS REVIEWED BY NEW YORK SUN L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Correspondent’s Capital $250,000 REFERENCE. THE NEAL RANK PHONE 1417. PRUDENTIAL BLOC professed concern regarding what they de clared to he a Isck of elasticity In the STOCKS FEVERISH UNO UNSETTLED Early Advances Were Fol lowed by Sharp Declines the First Hour. ON MONEY SITUATION Stocks Canned Over Night Sold Quickly as Possible This Morning. New York, Sept. 19.—For the same reaaona that were behind yesterday’! unaettled dealing the market went down again thla morning. The selling waa not af all precipitate and waa conducted with careful regard for com parative stability In prices. But it waa nevertheleas apparent that atocka were being preaaed for aale ns fast aa the market could safely take them. The outcome of yesterday’s primaries In New York city was, from a Wall street point of view, unsatisfactory and un doubtedly was a factor In tho day’s less confident feeling. But the local traction and other franchise stocks, which would naturally suffer most di rectly from the election of a radical governor at Albany, waa no weaker than the rest of the list. The stiffness of call money, which ruled above 7 per cent during the forenoon, was an Im portant factor In trading before the noon hour and Increased In the after noon session. . The Block market all through tho first hour was feverish nnd nneettled. early ad- vencee being followed by .harp declines canned by uneaslacea over the money situa tion. As a rule all traders who hod car ried stocks orsr night, sold as onlckly possible this morning. Bending was nanln the most settee atoek, advancing to 15,»i bonds Irregular. THE LONDON STOCK MARKET. Atehlaon .. ,, „ Canadian l’aclflc Chic., Mil. and Bt. rsnl., trie. Illnola Central .ouInvIIIo and Nasbvfll*. tending.. .. ‘cnnaylvanla... ,. ., , Non them Pactfle. . « , Union l’arlflc.. .. .. ,, United States Ktcol.. ., do. prafarrgd httsIi'W*; 1777gll755t mg M 151H iM « ISPS 8 1# £8 (-: 1071$ STOCKS AND BONDS. C . Bid. Asked. Georgia ,1915.. Ill n.i Georgia, It. ft. S«. 1910 150 lWU Hnvannah 5.. 1906 10254 KaJ M' Macons ta, 1910.... Atlanta. 6n. Zfll .. ..ids Cantral Railway of Gtorgla 1st do. Incnmo da 2d locomo...... do. fd Income. Gtorgla im 107 170 ^thumtarn.. eorgla Padfle lata., . C. and A. lit*,. ..120 ..lit THE COFFEE MARKET. N«r York, ttejft. 19,-Th. coffe. market opened .teady at unchanged prices to an advance of 6 points, which wni not a full response to lietter rabies than expected, and In the xhMne. of bull support, eased iff to n pertlal decline of 6 (minis durlns he enrly session, liesrs point out that ere here been no unfavorable cable. ■■■■when they were fell, effect that they were too lights ■—■■too late to do much good.-Gl- beet A Ctoy. Ing I mill range sod close, compered with : kn tel kn Orttiii, COTTON^CRAI^, ^ROVISIONsStO^KsPbONDS, He. 2 Wall St., ftfm Building, Atlanta, Ga. Maw Orleaat Cotton £*<hangt. Chicago Hoard of Trade. ,»lt Wi. a 8242. .—jrd of I Chicago Stock iackaago. Haw York Caltaa iackaago. ..C.C0TH, BB.BM.gA. J . .. .... „ Frank Hawkins, Preald.nt. [. M. Atkin.on, V. R ThomaaC. Erwin. As.t, Csshler. oMph A. McCord, Cashier. R, W. Byere, Aeet. Csshler. Third National Bank Capital Surplus Dr. JL W. CaJhooa. Milton Dargnn. Jobs W. Grant. I*, r. McCord. DIRECTOR8t Frank Ilawklos. n. M. Atklnsoo. Joseph A. McCord. $200,000.00. $300,000.00. E. B. Rosser. D.ivld >Yoodwsrd. acute on account of the failure of the a*tnl< official announcement of the fact that the Baltimore and Ohio comp*ny_h*d pnMwl pany L_, Into the hands of the Union Pacific Inter eat to bring any perceptible quantity of freeh buying ln*« Dm* market, ftpt tome time, apparently, the view obtained In the Wall street commission houses that the operation by the Union Pacific of a trans continental railway line might prove to lie a disturbing element In the railway affaire of the country, hut oppoted to this was the argument that tho«e assured themaelvea fhat their own Intar eats and thoae generally of the eastern railways of the country would not w» threatened by what ba< A Clay. TRY A WANT AD IN THE GEORGIAN April May.. .• .. Jane. .. „ July. .. .. Augu.t, .. Heptember. October. ,. November.. December.. . ....6,60 .. ..6.65-6.70 " ''’rEl’S , ....6.86-6-90 AJ6 :rM 1M .. ..6.20-6-49 6.40 6.41 0.606.M 6.6-I-6.51 ...6.36-6-40 ..6.49-6,60 ..6.66 6.73*. *> fai6. 6.06 6. h « L’l 5-6.81 8.30 6 31 6.85-6.41 **Do you know that there'n a placi where dlyoreo comes before marrlago?* "Impog»lbIel H "Not at alL It'g In tho dlctlomry.’*— Boston Transcript "Why do you call Mrs. IHfgleswortl Dianar "She's such a fine huntress. Mlgglea. worth Is her fourth husband, you know."—Chicago Rccord-Herald. WM. L. PEEL Prealdent. ROBERT F. MADDOX, Vice PreitdeoL 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. LOWRY NATIONAL BANK CAPITAL, SURPLUS AND PROFITS OVER ONE MILLION DOLLARS Foreign Exchange, Travelers' Checks, Brown Brothers* Letters of Credit-available in all parts of the world. Safe Deposit Boxes For rent in our tiaulti in the 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.