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XHiS ATLANTA GEORGIAN.
ramwBAT. SEPTrMtiEitmo*
SCALPING AFFAIR
- r Cables and Good
feather Induced Selling
Early in Session. ,
RST PRICES LOWER.
fluctuations Covered Very
yarrow Range—Busi
ness Mostly Pro
fessional.
«« Tork. sept. iO.-Scalptng cnn-
Tn. nrevalled at the opening of the
"T’ott'n market- today, with sell-
- predominating on account of poor
** m and -dod weather through the
t ii'lth the exception of further ralna
,om« of the Eastern state*. First
jw, were 3 to 6 points lower, and
the rail they worked off a point
ir two more.
the •tandpolnt of the •peculator,
aTretion market Is n dead nne. The
" Jol,.nnl element In mnkliiR an effort to
"Urinca. hot n, mnncr makers they
Ea vrrv nui-censful. They are heiirn,
_. lienee their effortn are gener-
S, against advance, literature from
fiK.’Seat In generally made lip of Ideal
1,1 madltloni and promlae of a bumper
_ They neldom use Information of a
Heins with referenee to the
- lint erop prospects were sent out
Memphis—iventher post week forornhle:
Jb prwpeetn, while not up to the bright
Eje ’ nf three weeks ago. attll promise
. mini linn i"in nun. nun i"'
. go.nl progress. Spot liiiyern grab
t"hl e; that come. In night, paying
'iionllv New orlaana quotationt.
.Iirnii’ • ... swi.i'i- „w..
iiilshnrat. Mlnn.-Flfldn nre white;
Ml" made good progress: farmers gln-
JJ iVt little, taking advantage of good
jh'.re' !r nii!a!e n eneoiiragement In the
W, Namely. "Spot laiyora grab every-
sh. that comae In eight, mylnfl prnetl-
Sii* New Orleans quotation,. thin
™id Indies to that pnnluccr hag no ennne
a worm Hint he holds the key to the
iiuartnii. and that so far this atm non has
Kn a determination to market Ms cot-
mat price, which ho considers fa r. I *
s sJt lw Influenced by the dealers lu
the "Liverpool market opened about no
ineel.il thin morning, ffrat prices being
E jps points higher for futures, while
15 wan marked up 3 points to 5.62d on
|W tif s.nno lm leu.
Following ore the active month* In Liver-
" H ,od * ,: Open. High. Tow.
.teller November. .* . .6.J7 sAh 5.041*
ipunry.February {•« S-JSJZ 5«ij
UrJu^ .V"..-'..IS sin 5:128
£;L, Y ^ee: , 7^1e.^TT!ve«
"wing, bat Instead the session began at
wline. of 31T5 points, to which was added
print daring the early morning,
ram pant the receipts at all lotted States
,...24.557
. .81,152
NEWS AND GOSSIP
Of the Fleecy Staple.
Private Wire to Olhert A flay.
New York, Sept. at.-The market Is too
“**°S g expect much, hut*we are likely
!!..! ll r ,e '"■'T 1 l ! il, ll the movement Is
suffielent to supply the Septemlier-Ortnher
□ultcments. which are nlmut 1,000.000
The Itteal traders err selling this moralug.
General business very small.
l.srpenter, Baggett St Co. «ay: "tVe do
not enuringte any material advance, and
tide " r * , “‘ r pri ‘‘* r sticking to the short
Hick ntps. * Co. say: "The lateness of
the crop In llkftly to give um mmie auperfl-
dully bullish census report* In the early
part of tli»» senson. For thin reason an er
roneous him an to the slse of the crop la
likely to get abroad. In the end we think
much lower price* will prevail."
New Orleans. Kept. 20,-Mnrkvt very quiet
with very little or no Interoat mnntfeated
by either able.
A dlapatch from Calvert. Rohlnaon coun
ty* ?****• “A light ahower of rain
fell here yeftterdny, hut not enough to re
tard cotton picking. Farmer* are getting
ready sale for their cotton aa rapidly as It
la withered."
tMir traveling correspondent wlrea from
Sweetwater, Tex.: "Stamford, neroas to
Haskell ami here, cron throughout thta see-
tlon 'nlmut ten day* fate; proapecta atmply
■ re tri. la > ill HIP IlHHIf linilldl
atatea henry ralna Imre fallen, hut they are
local In character.
The weatern forecast la for fair weather
throughout both tonight and Friday.
A* limited amount of huvlng by exporter*
caused steady and slightly Improved mar
ket.
The cnatern foreeast Indicate* ahower* to.
night for Georgia nnd Mississippi and fair
weather tonight In the bnlnuce. Friday
showers throughout.
Private Wire to Ware k Leland.
New York, Sept. 20.—Mverpool
opened quiet, 2V4 up. At 12:16 n. m..
4 up. I Mill but steady. Sales 6.000 at 5.62d,
2 up. Future* due to come 2% to 4 up.
Cotton In New York opened oulet
Liverpool cnhlea.
nlmut
7 . gh . _ s
today. Think It eon he
siny. Till
Mitchell offering 6,000 1
n big seller.
New Orlenna. Sept. 20.—Cable*
It la a dull and Itfeleaa niatket.
morning the demand In Mill good, prleea
Arm and offerings Indited. Sellers wnnt 46
on for Liverpool good middling. Henteralmr
delivery, hut on S to 28 Oetolmr delivery.
NEW YORK.
The following It the range In cottoa fu
ture, In New York today:
i
•s
5
1
P
1
u
Hept
Oct
Nor
Dec
Jnn
Feb
March. . . .
May
$.22
9.31
1.46
9.66
&
9.f6
9.23
9.32
*9.4$
9.61
*;»
*19
9.2$
"9M
9.55
TM
$.$9
9.02
9.21
9.39
■f.45
9.57
US
Ip
1:85
9.67-6$
1.06-10
1.2526
L42-49
tss
Closed steady.
. .12.095
rerflpts today
if day Isst year
nl receipt* for Are tlnya.
ip iinrs last year...... .
*. rfflW . 52.046
at rfi-clpts alnce September L*--j5J’S£2
I.* time Inst p 90 ' 978
........233,318
itlmniiMl recelpta for tomorrow:
Hoi 1906.
urUna 3,700 to 4.700 2,44?
eaten . .... ....15.000 to 16.000 14. *4
"on." .. !. ... .. ..14.000 to 15.000 14.751
p dose irna steady net 5$7 point* low-
inn yesterday.
IP0T~COTTON MARKET.
IJierpool—Spot cotton nulet itn*l steady;
•Mdllng uplnmis 6.62«l. Sales 8 «®00. Ainerl-
an I.W. Speculation nnd export 600. Ue-
alpts none.
Atlnnin-Steady, 9‘ie.
NVw Vork-ipilet, 9.75.
NVw Orleans—Quiet. 91-16.
Anrt«tn-Steady, 9Vie.
Hfivnnnnh-Knsy, 9 3-16.
9t. L>uls-Steady. 9%v.
Rosion-Qulet. 9,7i.
lli.imtoii—Steady, 9%r.
t.nlveston—Firm, 9 7-11.
Msniphls-Hteady, 9H**-
Mltlnmre— Nominal, 9Hc.
Korfoik-Stcndy, 9 7-16.
Wilmington—Steady, 9A4<**
TODAY’8 PORT RECEIPTS.
following table ahowa recelpta nt tbt
today, compared with the anine day
Orleans. .
Aihejton. . , ,
Mol.ll,-.
fcvnnnnh. . , ,
ftirleiMnn. . .
siitiilngton. . ,
Werf.dk. . . .
York. . .
Bnufon
Total.
7633
1045
2190
INTERIOR MOVEMENT. /
following table ahowa recelpta at the
r town* today, compared with tne
l»y la»t year;
Romtr.n. .
Auguntii. .
• Liuls.
kitmnti..
Torsi.
imientMtlla flour output laat week
4*1.00.% barrel*. ThI* place.1 the
Ightly nlmve the ITO.00O mark. The
tumeil out waa 309.670 Imrrela.
Ill In Minneapolis I* running till*
he Aour market la gradually Irn*
While some mill* reported trade
fnfr. other* made immnaratlrely
lc* «f Aour. The foreign *ltu*;
'ii«i*iiraglng, and a gmal deal or
n» worked for United Kingdom
HEAVY MOVEMENT
LATE IN COMING
New York, Rent. 25.—The Run «ny«: "A
.null) mlvnnee look pl.ee .. n re«illt of
covering nml »ome prof.i.lon.l buying for
n turn, lull nothing oeeurrod to really ni
ter the genernl ponltlon of the cotton m.r-
ket. The nioremrnt. npwnrtl nml ilown-
word of price, were governed more by pro-
feutonnl room trading thnn anything el«e.
nnd were thu. devoid of nny apeei.l alg-
nlflennee. The tlrntne.. of the .not mar
ket. la one of the aallent fact, of the alt-
nation, nml It l« grounded largely on the
feature of the receipt, whleh fulled to In-
rre.ee. For aonte week, [met we hare been
told that In the coming week the move
ment wna likely to Inerenae largely. Rurh
propherlen. needle., to nay. have dot been
verified. Meantime, foreign anlnnere have
been huvlng heavily, the continental mill,
being eapeelnlly large ptirehaaera. The
aouth la offering the actual cotton lean free
ly and tha comparative amallneaa of the
receipt, la attributed not merely to the
iatcncaa of the crop, but . 25
hark of the cotton by some of the well-to-do
farmer* of the aouth. men who led In
the holding back movement of two year*
ago whleh waa .tick a renmrkable amw»a
In the face of nn actual crop of lt.oOO.OT)
bale.. Yet there are few bulla here. Ab
moat everybody la a bear. — Utbert &
Clay.
New Orleana. Rent. ».-The Time, r-erno.
ernt: "The monotony of the cotton mar-
ket drama hnn not yet been broken. and
aelflah aentlment la “«S™5|{SSfi|5
nart In the te<lloua affair that one naturally
wonders whether or not the oid guard will
ever again aucreod In atlrrlng up far-reach
ing public enthusiasm. If tnc crop la to
lie marketed without broad gnuge apecu-
latlon. the less analytical talent may *
to a renllantlon of more of the potential
! n fl tie area at work In Iwhnlf of the ataple.
Otherwlae brervaluatlon iff nurface price
factor, mav logteally be looked for for
Smo time to come. Meanwlil e. too much
!tr*a. la being given radically oppoalng
Jron and ron.umptlon view., and nol
enoualt to the encroachment nnd concen
tration of the former.' defenae lino. Be-
tween »e nml 10c for cotton, no long aa
th. Supply I* known to be ndeomye. la
ample' com pell aat loti, far more Ann the
!mi? I could hnve eolleeted under the old
25,1 nm In the abaenee of apeeu-
mtive aupport nnd under the weight of
onhTle Indifference, the cotton growing
KiitM are early yR:
mnvonfent. rnSn'th* FJvetSl..
iml baek Seta and active effnrta to foater
WARE & ‘qailY^COTTON LETTER.
lad tlil. morning. PHeM Were the mrae at
a nvimvif tndav aa at the aa me nour jea
ierdav In ofher word*, nntwlthatannlng
h^wave. of buying nnd -wlllng that .went
fec'%rS!.“.fon 00 lSr^ Ta} «
thS'mi’riet 1STSJ S’lSS’ -hSrS '.f ?h«
SSSEJBb csstoo.
SS ?hS?r hSlfeSTan .nil be adhere.1 tu
with profit. .
THE DRY OOOD8 MARKET.
gaxssi
Magfe-am
GIBERT & CLAY
STOCKS. 9ON0J. ATLANTA. OA.
*•» igxgs&sxs&z
BxehaagaJNaw OrUana Cottmi |f'J;|jnilf l TerpMl B C««»B , AT»o^atl«
USSsSIn" 8r r !SS.‘ If^SSeiialveaton cotton Erchang.
I-rlrau Wire. toMl Exchany. pA0AN Man»fl*r.
ona Olittno. T.I.pbon. S2S*. w ‘
ZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
2 Building. Be!! Phone. Main 858.
ATLANTA. GEORGIA.
Edited by
Joseph B. Lively
MARKETS
Mr. Lively', twenty-five
years' experience of ed
iting market. In Atlanta
and the South haa mad.
him a recognlxed an-
thorlty In hi. .peelnlty.
RANGE
YORK STOCKS AND COTTON MARKETS
TIPS FLASHED
From Wall Street
vv...i*dg ruai at
Central Leather
_d°. preferred. . . .
SfettfitT:
do, preferred
Lnu!»l!u tsVA:
Km
LIVEBPOOL.
The fallowing flgtirea give the opening
ange and close, compared with yesterday's
«ep<--Oct I.U *1*|
Oct.-Nor 5.07 -6.[IT
Not.-Dee /.MS JI.M'
Itec.J.n. . . . .107 -5.1* 1
Jan.-l-'eb. . . . J". -8.0a 1
mlng. Frerloui
nge. Clo^.. Clorc,
.6.18 *15Vi 5.131k 5.1;
NEW ORLEANS.
Kept. . ,
Clot. . .
Nov. • .
Dec. . .
.fan. . .
Fob. . .
March.
Mar. . .
Closed steady.
9.17
9.45
n i il
9TPB
9.16-17
9.19-30
9.21-22
9.9142
9.96-97
9.46-47
9.61-62
TS
9.22-23
9.24-26
9.20-27
9.36-97
9.41-43
9.61-52
9.66-67
NOTES ON GRAIN
Pointers on Provision*.
Private Wire to Glbert 4k Clay.
(Chicago, Kept. 20.—Considering the sharp
adrnncf In wheat cable* yesterday the
alight reaction la not significant of weak
ness. There,li still too much rain la the
northwest for threshing and movement.
The market may hare a little setback
but favor buying In that event.
Although Armopr relieved September corn
abort* by selling over a half aillllon bush*
els, the price* closed nt alwmt top - for
the day. Do not think wise to stand out
on abort aide. The strength of old corn Is
good argument for buying May nnd Decern*
her nt the big dluconnt.
Kentlmeut regarding the. northweat crop
and general situation la/growing dally
more bullish. Beat |»oated people among
millers nnd elevator* people are to
the conclusion that the yield will P r °Tj
disappointing when compared with early
expectations, tnder these conditions, any
material decline I* “hot probable, whereas
a sharp advance will not l*e surprising.
Feel very friendly to wheat.-
Oats look higher, offerings light at mo
ment. nnd locals short, commission house*
'ft CTattl nay.: "Bull, who
Inst night that the dU^ren^, IHI
bushel netween May oeta «nd corn was
aa small *• would l*e seen again for aoms
"Syntlmant In whant tlally growing notf
bulllih. Kxp«t a (trine.
frlvato Wire to War, * Tri>lanfl.
C'hlcnco. Kept. 30.—4 ahlea show no snap
thU morning, and i the short jjjjf'jjj
In wheat 1* well provided for we are api
to get a fair set back in whont now*
wheat holds rather firm. No pressure,
'MpTktt o'? wha.t dermal 325.-
< 7vii'(-at'inarkvt having hntrrt wofk to hold
*U^r^r5S?r y .«n' - and oat.
on any fractional dip. -i..
Barb- offering, of corn wjr, oulcktr nn
aorhrid. Buying corn ami SJ’f
t'mlahy broker. U.lpM tk* oo r “- •JTJJBJJ
nil *ot abort early, and bave # t»een fighting
tha advanc” Armour taking Imembar ami
reLra* nrnlna have tnrnad .trong. and
tsavtsrmsrs » 3y?
SMfT.*.TtrS!ii.
"uylnc Ootobor
Urd. Railing acattcrad.
‘- J-ANDE 5 S A?L N V a COTV a ON LETTER
New York. Rapt. W.-Tha N.w York mar-
kat opanad waak thl. morning at * point.
•tellnT from yaatarrt.y'a cloja. Tbl. w»
oaraalonad by unfaror.hla fortdgn ca le
atul a gan.r.1 lack of Intaraat In tha mar-
kat. Aftar tha opanlng tharo w.n »ma
buying both for long and ahort account and
nrlcc, became dull and atnndy.
Rantlmant la *> badly 'Hvl'lad that It la
nltnont linpoaalbla to gat an l"tatllg»nt ln«
ou the rourtm of price, for tha Immedlato
#llh ,. 0 »,„* i» !■ generally believed that
the twaiit leva! ffacount. tha proapact.
°^» * la^iitely^hftt recelpta will be the nu>at
Interesting feature for the near future,
and ahoulfl they begin running on n level
with last year the liears will make much
capital of it. although everybody exneets
them to do Hint. At present they continue
H h ,h« and do not Indlc.ta tha anormou.
rb‘ld that has l»een talked *l»out.
^ Itluc traders are always bear* and *• the
mlVkft " antlraly In thalr bamU Juat now
we cannot hoi>e for much rise until It la
denionatrntad that tha crop M going, to 1^
nmch shorter than haa been generally re
nnrted However, cotton lwught on the
K-5r.lon. nnd bold a faw w«ak« will proya
profitable. ___
0,BERT *o C aily ,8 cotton letter
New Orleana, Kept. 30.—Option* In the
earlier trading of the Liverpool market
were fnlly responsive to our advance yes
terday, but later developed ronatderable
weakness, closing price* showing liarely
any change from the previous day's lev-
ela Spot sales amounted to 6,000 bales, quo
tations being raised 2 point*. ,The market
continue* to rule narrow and uninteresting,
opening price* were lower to .conform with
Sasastifrassyssps
irss s?SX &/,; ssj&flS
•»“*. I*--!—va'itmPthi'markat^wa.
to work out Ita owu daa
jaft aavaraly
,Vlstlm "iy ni'ora^fa'roretKia'r.nor. "Alt' of iha
grant datarlorntloti raportrel a waak or two
iSriaamn to hnva I wan graatly laaaancd by
tS! clan ring wa.thar of lata, and pro«-
now ara vary much lirlghtar. nnd
Klwclnlly In Mlaalaalpid »ml portion, of
LouSSn.. Bat dvipjta tha» Infiucnraa.
fltvoSlda to lower prlcaa, uo mntarlal da-
allna la look-l for aa long na tha aland -
U.M of Iha wmtharn npot markata la wal
alntalnad. cation t. .till ur.nlari
Iwfara tha month la ovar. and many .la.-a
a.l waathar wonld mit Iw anrprUIng at
thl* the equlnoxlal perioil of tlie rear, but
nil tiling. conaMarrel. tha lark of a more
wida^red * btMd -
pt wom 1# the change or prices.
WHEAT
AFTER JHE OPENING
Due to g the Return of Dis
gusted Bulls to the
Market.
out decline In whant drove the outsider
Into other channels of speculation, but
ha la back In the harness again and
taking on all the cereals. The return
of the disgusted bulls Is chiefly re
sponsible for
the opening.
the l*>4c advance after
CHICAGO GRAIN MARKET.
Open. IXIgb.
CHICAGO CAR LOT8.
THE PRIMARY MOVEMENT.
The following figures show the primary
movement of wheat and corn: •
Wheat—Receipts today 1.029,000 bushels,
against 1.013.00ft bushels Inst year; ahjn-
ments today 479.000 bushels, against 3»,-
000 bushels last year. ...
t'orn—Receipts today 666.000 bushels,
against 554.000 bushels last year; shipments
today 827,000 bushels, ngnlnst 471,000 bush
els last year.
LIVERPOOL GRAIN MARKET.
Wheat—Opened unchanged; at 140 p. in.,
unchanged to 14c lower; closed unchanged
to %c higher.
Uorn—Opened Uc higher; at 1:30 p. m.,
unchanged; doted unchanged to He high-
liondon market weak: Reptemher off i
9* 6d; Octolier down 6‘4d nt 9a 341.
PRICE CURRENT CROP REPORT.
Cincinnati, 8#pt. 20.— Large corn crop prac
tically assured. Cutting general. Condi
tions favor a full acreage of winter wheat
being sown. Interior movement moderate
Tacking 375,000. ngnlnst 386,000 last year.
N0RTHWE8T CAR8.
Minneapolis. .
Duluth. . . .
Chicago, Kept. 20.—Hogs— Kstlmatoil re
ceipt* today 17,000. Market 6fll(V higher;
quality fair; left over 3,788: hulk "*
estimated for tomorrow 13.000; light
6.62H: mixed |5.90«6.62H; heavy $5,501 ...
rough S6.60C6.60; pigs S5.504i5.86; yorker*
S6.75C6.50; good to ehnlee heavy $i.5696.82H.
* receipt* 8.000. Ms *
lieevea S
12.4005.20:
S ood prime steers $3
lum R.9006.90; stock
4.60.
Hheep—Estimated receipts 18,000 ?
strong; quality fair; natives $3.1<
western $*.10£6.60; yearling* fc.5(
lamb* SI.r.VfiTYS: western >4.r/lii7.i:..
SOUTHERN EXCHANGE
Oldext E.tablUhcd Offtc. South.
COTTON STOCKS BONDS GRAIN
Ground Floor Gould Bulldlns. Dally
market letter and market manunl
matted on aptillcntlon.
L. J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, CRAIN
Correspondent’s Capital $250,000
RirnUNCC. THI NEAL BANK
PHONE f4IT. PRUDENTIAL BLDG
Miw r«ri *4* Orltut.
COTTOnYg^AI^, ?RO^IsfeNsSTO^KS^*BOND3,
*«. 1 EWIit.. f||M|MMk|; fiMeefa. da
Mn Otlnm. CM,.,a 5L.
Ml flm 1283. Meet
31 % Compound Interest
la the rate your money will draw If depoilttd 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 Impact our quertere and Inveetigate
our facilltiea t# eerve you. A hearty welcome awalti you at thlo
bank.
ASA G. CANDLER, President.
W. H. PATTERSON, Vlee-Prefi. A. P. COLES, Ciohler,
JOHN 8. OWENS, Vleo-Pree. WM. D. OWEN8, Aeet. Ceehler.
HUBBARD BROS & CO., Skis
Atlanta Office*, 2H-JJI Century BulldinB.
Members New York Cotton Exchange, New Or
leans Cotton Bxchango, Liverpool Cotton Aaeo-
ciatlon, Chicago Board of Trade, New York Cof
fee Exchange. New York Produce Exchange.
Dullness solicited for the above exchangee.
Direct wire service. Correspondence invited.
Phones 454. Long Distance 1». A.S. Hu»tace. Mgr
Private Wire to Olhert k Clay.
New Y'ork, Kept. 30.—We do not see any
thing aperlal, hut do not feel ao bullish on
stocks this morning.
While not lncHne«l to suggest - extreme
confidence In today’s mnrket, we believe
the active speculative Issues will be out-
tallied.
May hare further unsettlement today and
then the market ahould be a purchase for
a turn, especially the good dlvhlend rails.
The City Bank has Just engaged $2,600,000
of gold.
Oateg a large buyer of Reading.
The New lork Financial Dureau: Un-
Mtlement la IF
market today.
— —, W# have
repeatedly pointed out that the big In
terests will not permit a broad specula
tion until money Is sufficiently easy to
properly handle such speculation, lu the
meantime, activity will give good profit*
to the dally trader who Is active, wheth
er he be banish or bearish, aecordingt©
the technical position of tha atock. /Tha
Urge Interests have absolute control of
conserve the nubile, with the. data now
hand, and will not permit a serious
STvrlli
ow
now at
decline.
1'rlrate Wire to Ware k Leland.
New York, Kept. 20.—The scarcity of the
fleeting supply of St. Paul la reflected In
the quirk advances It enjoy* on a coinnar-
atlvely small amount of trading. Techni
cally the position Is very strong ami we
would not t»e surprlseil to aee ranch higher
prices liefore long, whether the SL Paul
deal la announced or not.
A well known stock exchange house this
morning haa Information to tne effect that
support In United Stateajlteel was placed
last night around 44. The sto<*k la re
garded as a nurchaae near that figure. Ate
wonld give It close attention. There wns
a large long Interest In'It, and It wna held
within certain limited restrictions for a
long time. It Is possible that the Insiders
desired to repnrchsse distributed stock.
Baltimore and Ohio waa one of the
strongest features In the market today,
in a coupir or wrrii, an w»*ii ns iim unn-
opmnit In reinnretlnn with the parr hare of
the atork of the lUrtiinan Iniereot. 31.
ran only MX that we enn«liter thla itork
nne ef the Mfeat purchaae. In the llsL and
nne that will return a (treat many points
profit within the eoonie of the next elx or
eight week..
Itnw-Jone.' enmm.ry:
Amerle.il .tork. In Bolden steady at
* l B?nk l ’of , T!ngl«nd ret. nnrhanged.
l’ro.pect. for settlement of Cuban dtf>
0< New York°CetHrel right, quoted at about
C tier rent.
No ennllrmntlon of rumora of competltlre
haying of Bending.
Arrount. of dlnater at Hongkong Inrrea,.
Ingly eerlou.. . .
Urgent demand for money In Chicago
and large loan, fall do. Octolwr 1.
light demand for atock. In loan crowd,
with Amalgamated Copper and United
Htatea Hteel common lending ahore the
general rate.
Beading eurplna over dividend, 11.740,-
iinrrltnnn Inter.,!, reported to he try
ing to get hock rontrol of the Alton.
Calnmet and lleela earning, ezroed SU0
per ahare. .. . ....
Corn crop now considered practically out
V® aurplna for year 75,077,wo, eonnl
to 5.2* per cent nn combined capital, after
preferred and common dividend*.
Twelve Industrial! declined .77 per rent.
Twenty active railroad! declined .73 per
THE COFFEE MARKET.
New Tork. kept. 20—The _ coffee market
opanret .aUady at unchanged prteM to an
advance of 5 point., and rttl-d steady dar
ing the early renainn on Imylng hr lending
SL’Kr&ier Th? *«
the decline In the rate of Bratillan eg-
change. The final Havre ruble reported
no further change, leering that market
net 14-franc lower—tllhert St Clay.
The following table girre tbe opening
.vnge and clore, compared with ye*terdaya
Jl Til
IS - ." XT 0
ite. :.v.::::.v ‘.iWS 1W*
keptemher. ". .
Novetnlier .. ..4.70-4.40 4.454.60
December.. ..
CloMd .teady.
COTTON SEED OIL MARKET.
Hales. 100 Dreamhar at *014.
STOCKS STARTED
HEAWMH TONE
Reading .Was the Feature,
Initial Sales Being Sharp
ly Lower.
OTHER ISSUES , WEAK.
A Strong - Tone Developed
Later Under Leadership
of Southern Pacific.
lar rbanjf* today In monsv rntre. either
call or time loan*. Th* market on
*11 elnsreH of borruwlne remained deeld-
Mly stiff. Bnt fn one or two reapeet*.
the mon«r altnatloi* appeared brighter than
It did I*' *t w#s fflfs n6jb*et
whleh' Influecreil the ni«irrmenr -vn tha
stock exchange In tfae first ;,lare, tha
Hank of Englnnd reported II* perct-ntag©
of reserve to llAhllltles prnrtfcfllty un*
chanced on the week. In spit© of hearv
American gold withdrawals nt the close
*»f Inst week, nnd under these clr<niin-
stance*, of course, loan* were left at 4
per cent. The bank* showed n credit *t
the treasury for the week enlarged by $«.-
000.0)0. and on ton of thf* fame the An
nouncement of $3,500,000 more gold engaged
for Import. Price* In the stock maraet
began unevenly, but under the encourage
ment of these developments In the money
poaltlon they moved up sharply nil through
the Hat, showing by. midday substantial
gain*.
Kvery one had a tip to buy Southern
Pa rifle at the opening, and many of th*
trader* bought It on point* received from
what they considered the boat source*.
The buying was aggressive enough to force
the price un from 9i% to 95t; In the first
hour. Trading In the rest of the list ws*
confined In th« first few minute*, but later
a strong tone was developed. Rending,
which sold on the street after the close
yesterday at $11%* wit offered down by the
shown In the anual report. Hteel stock
were firmer. .
Government bonds unchanged.
Other bond*'steady.
LONDON STOCK MARKET.
BTOrKB—
Anaconda. .. .. .» ••
Atchison.. . . . . . .. ..
Canadian Pacific. :. i: ..
Chic., Mil. at»d Bt. Paul...
Brie .
Illinois Central.. ...
IeOttlavUle and Nashville. .
Reading
Pennsylvania.. .. ...
Houthern Psel(le
Union Pacific...... ..tl.*-,,.
United States Hteel. . . .
do. preferred. . . ...
WEATHER IN OOTTpN BELT.
Texas—Rhennan partly cloudy and pleas
ant. Tyler clear and cool. Houston partly
clondv nnd pleasant. Belton, Temple, Fort
Worth and Cisco clear nnd pleasant. Sul-
a iur Bprlngs. Pittsburg and Wlnnaboro
ear and warm. , , _
MlaeUsIppI—Jaekeon clear and cool. Ya*
soo City and Natch* partly cloudy and
pleasant. Vicksburg pnrtly cloudy ami cool.
Aberdeen. Corinth, New Alhnnr, Amory
nnd Tnpelo elenr nnd pleaoanL Holly
Hprlng* clear nnd pleasant; henry rain thl*
Alabama—fliintavllle cloudy and reols
light rain last night. Selma and Mont
gomery clear and warm. Mobile hard rain
last night; now cool. Troy clear and pleas
ant. Opelika Mr and cool; rained last
° Georgia—Col umbo* cloudy and hot; hard
rain last night. Atlanta clear and pleas
ant; rained last night. America* cloudy
and warm. Macon emudy and warp; hard
rain last night. Albany clear sod warm.
Savannah partly cloudy and warm.
WEATHER FORECAST.
Georgia. LnuUInnn. Mississippi. Kaatarn
Florida. Waajani Florida ana Alabama—
Thunder shower* ^nrsday nnd Frldayl
light variable wind*.
Arkansas and Weatern Teine-Palr
T Ea»7irn Thttreday and Frt-
''"iTllmfil’amf ’iwtl.nli-ShBwr* tcnlfht nnd
'V.hnuka-r.rtly cloudy tonight and to-
"wKrenrin-khotvere thl, nfternnon.
MlnnMot,—Fair tonight nnd tomorrow.
J oint nnd Knnnna—Shower, tonight.
Torth Hnkntn nnd Smith Dnkotn-Fnlr
tonight nnd tomorrow. •
THE METAL MARKET.
New York. Sept. 20,-Tt. w„ quiet and
unehnngwl with moder*te trading, ropper
nnrhnnged. I^nd nnd npelter firm nnd un-
tged.
ItOBEBT *711 IHJOx!’Vt're Pretldenl JAMES O. I.KSTEIt, AMlatnnt Ctnhlar.
MADDOX-RUCKER BANKING COMPANY.
CAPITAL $20d f 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.
C. E. CURRIER, Prenldunt. A. E. THORNTON, Vlc*-Pr«nld*Kt.
H. T. INMAN, VIca-PraaldMiL GEO. ft. DONOVAN, Cn*hl*r.
JAMES 8. FLOYD, A**t Caahltr.
Capital $500,000.00
Surplus and Undivided Profits....... $500,000.00
We Solicit Your Patronage.