Newspaper Page Text
V
|H
THE ATLANTA GEORGIAN.
SATURDAY, RF-tTKSinnR 23, 1»).
Id
SHORT SESSION
IE ACTIVE
Opened Lower Under Influ
ence of Weakness In
Liverpool.
SUPPORT LACKING
NEWS AND GOSSIP
Of the Fleecy Staple.
York. Sent. 22.—Liverpool future*
opened quiet lji^own on iieay and 2 down
ou Into.. At 12:10 p. iu., wan 40414 down
nml mm. Sales 4,000 spots, at ?.55d; 2
Futures due to come un-
(•harmed to 4 up.
The Liverpool cotton exchange will be
un tll 4:10, Instead of 4 p. m. during
etober. Novemlrer ami Decenilwr.
Parrott bidding 9.15o for 5.000 December,
following Is the statistical position of
Edited by
Joseph B. Lively
MARKETS
Mr. Lively's twenty-five
years' experience of ed
iting markets In Atlanta
and the South has made
him a recognised au
thority In his specialty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
up
cfe:
liy The
Chroiil
Thl. TJl.t La it
, , Week. Week. Ye*r.
Visible supply 1.794.363 1.74S.03- 2,735,K3
‘ .1.001,165 916,033 1.M6.I2I
u , 697.229 337,926 661.227
For week. . . . 296.903 *
I’ort receipts. . . . 1SS.845
The Close .Was Near the
Lowest Net 6 to 8
Points Down.
Sew York, 8ept' 22.—There was an
active trade at the opening of the local
cotton market today. First prices were
2 to 0 points lower, Influenced by weak
ness In the market at Liverpool, where
continental selling produced a weaker
undertone. A feature here after the call
was selling of October and buying of
December at 33 points difference.
• ...
For the short session today there was
slightly more activity In the cotton
market, but the Increase in business
was at the expense of values.
Liverpool was due unchanged, where,
as the close was 4 points lower for fu
tures and 2 points down at 5.55 on sales
of 4,000 bales.
The opening In New York to meet
the decline In Liverpool was due to
open about 8 points lower, but Instead
4 to 6 points as the extent of the de
fine. However, opening prices were
the highest, while the closing was with
in a point of the lowest net 6 to 8
points lower with the tone steady.
Hearlsh advices from the crop were
more numerous than for the past two
or three days, IncIDdlng Improvement
In the weather generally nnd Indica
tions that the crop Is In a more prom
ising condition.
Comparative receipts at all United
States ports:
Net receipts today 3(
Same day last year 41
Stocks 317,690
Lxports 92.594
interior receipts,. 145,943
Interior shipments. 124.612
Interior stocks.. . 142.464
337,926
210,420
139.521
249,651
Decrease 7,378
T<»tal receipts since Sept. 1.. ..422,170
Same time last year.. 634,823
Decrease... '. s.F
Estimated receipts Mon-
day: ' 1906
New Orleans.... 8,000 to 10,000
(Jalveston .. ..14,000 to 16,000
Houston. . . .14,000 to 15,000
1905
4,427
19,769
16,164
8POT COTTON MARKET.
T.lverpool, spot cotton quiet nnd easier;
middling uplnnds 5.5541; snles 4.000; Auier-
Inin 2.950; speculation nnd export 400; re-
eelpts 8.000: Amcrlenn 5.900.
Atlanta, steady nt 9116c.
New York, quiet at 9.70c.
New Orleans, steady nt 9Uc.
Augusta, quiet nt 9r*-16c.
Savunnnh. steady nt 94<*.
St. IkOUla, quiet at 94<\
Houston, s*■•••dir at 9%c.
Boston, qnl | nt 9.75c.
Memphis. *i..idy nt •%<*.
Wilmington, stendy nt 9 3-16c.
rullndelpliln, quiet nt 9.9Th».
TODAY’S PORT RECEIPT8.
The following tnble shows receipts at the
Mobile. . . .
Savannah. .
charleston. .
Wilmington.
Norfolk. . . .
lbs
nil.
j’hlladelphln.
1002S
1040
1836
1461
11406
2866
4287
4991
INTERIOR MOVEMENT.
The following table shows receipts nt the
Interior towns today, compared wltu the
• day last yenr:
New York, 8opt. 22.—The cotton
market was dull and quite uninterest
ing today, the operations- being Almost
exclusively professional and since
there were quite a number of matched
‘•rders, the fluctuations were narrow.
The tendency was easy, but In the ab
sence of pressure, long were not wor
ried nnd most of them were content to
keep the accounts open over the Sun
day interval. The weather conditions
a? a whole were seasonable, and the
emp data coming tp hand failed to
bring about any changes In the esti
mates of the statisticians. The receipts
continued moderate, but since pickings
ire accumulating rather rapidly on the
plantations, it is likely that there will
be an early Increase In ginning and a
consequent Increase In the movement
toward the ports. There Is a fair ex
port demand and the European con
sumers are expected to shortly develop
Into good buyers of spot stuff. It Is
apparent, however, that the specula
tive market will contlne of a trad
er’s c haracter for some days to come,
and scalping profits should be taken as
they appear.
THE DRY GOODS MARKET.
«n* generally quiet for tue nay. ine
special feature being the buying of brint
-md yarn goods In large volume Into
of next vtar Raw woo! I» ac*
328.P61
244.124
553,346
76.978 114.168
115.231 178,605
94.907 144.974
100,711 206,801
New Orleans. Sept. 22.—Cable* are very
unfavorable, in the face of the extremely
bullish week-end figures. The lower future
market is probably due to freer offering*
from Texn*. where cotton Is now com
mencing to pile up nt a rapid rate.
Private Wire to Olbert A Clay.
New Orleans. Sept. 22.—Our Liverpool ca
ble says: "We expect a gradual decline;
do not think speculation strong enough to
sustain the market. The market Is affect
ed unfavorably by ‘
A special from O
fljat consignment was started for Japan
yesterday, lielng part of a 5.000-hnle lot"
Chickasaw, Ind. T., wires: "Crop pros
pacts are becoming more favorable: th<
weather Is more favorable. The cron It
this vicinity la fifteen days late; crop look)
well, and the worms have done but little
dnmnge. l>o not believe reports a!*out In
juries to crop. The crop In this section will
be 15 per cent more than last season."
Flora, Mias., wires: "Heavy rain*
throughout this section for last three days
badly damaged cotton. Picking delayed.
”— *— lent wires frc~
. orth to Gaines
vllle crop shows decided Improvement, but
late; lied River, Pauls, Wichita Valley,
through both territories, crop simply enor
mous. targe plant heavily fruited, but late
on account of Incessant ruins In August,
With favorable weather and a late fall,
would l>e n record crop."
Dun's Review soys: ’‘Textile conditions
have not materially changed the mills
operating a large percentage of machinery
without having much new forward bust-
Today's map Is more favorable, and while
scattered showers have occurred In Georgia
Alabama and Mississippi, the wea*''
much clearer, especially In Texas.
. .fas due unchanged.
The Journal .if Commerce says: ‘The
Jobbers have had a generally quiet week
In the stores, but they still report a good
trade from various parts of the country
on goods taken In small volume when the
season opened. The strength of prices tot
nil spot goods continues, and there Is no
appreciable change In the situation of mills
that arc liehliul hand with deliveries.
COTTON MOVEMENT
DURING PAST WEEK
the past week nnd the total
ice Heptember 1. compiled by
Superintendent King of the New York Cot-
Port receipt*
Overland to mills nnd Cnnnda..
•Southern mill taking*
Gain of atoek at Interior town*.
Brought Into right for the week
WM
4.632
45.000
18,962
254,716
245378
4.367
42.000
26,006
312.940
Total Crop Movamant.
won
1905.
t*ort receipt!
Overland to mills and Canada..
•Southern mill taking*
Stock at Interior towna In ex
cess of Heptember 1
Brought Into right thu* far....
J97.T?6
13,244
120,000
39,294
628.970
12,620
113,000
66,2U
670.314
820.748
WARE A LF.LAND’S
DAILY COTTON LETTER,
New York. Rent. 2.—For some unex-
tdnlned reason, tnere was n sharp break
n the Liverpool market thla morning that
brought about liberal selling on this side
of the water. Rhorts had been covering
for some time on the theory that tho crop
deterioration has been such and the demand
for s|>ot cotton so good that, temporarily,
nt least, an advance In the future mar
ket might bo expected. Going on this
option, a grent deal of the abort cot-
haa been covered dnrlng the rest
two or three weeks, and ai the market
approaches the October notice day, the
weight of the actual cotton has been lo-
orankiinflr full frnin dsv to <lsr. Under
, ... sell
short was very natural, but It now lie*
gins to look ns though the amount of cot
ton lielng picked In, the Routh was too
much for the market, even at present
f rices. Though the market opened almiit
points lower, there was an aggressive
demand from shorts, lasting for some
time, but as the morning wore on, these
order* were nil filled and price* moved
lower. The market ran off rather easily,
nnd while shorts bought, extensively, the
tone did not show the resistance noticeable
heretofore. We are likely to have nn jrw
THE COFFEE MARKET.
The following tstite gives, the opening
range nnd close, compered with yesterday a
close: i pn*-ninir
dose,
6.35-6.40
6.45-6.50
6.566.60
6.60-6.66
6.65-6.70
6.70-6.75
6.75-6.80
6.80-6.85
6.10-6.30
6.15-6.20
6.20-6.25
6.30-6.8
January
February ..
March..
April
May
June ..
July
August
September.. „ •• ••
October
Novemlier
December • • ••
Closed barely steady.
Opening
flange. -**i
,.6.50-6.55
, .6.506.60
...6,66
..6.66-6.75
...6.75-6 80
...6.80-6.85
..6.85
...6.85 6.90
...6.25-6.30
...6.25-6.35
...6,35-6.40
..6.40-6.45
NAME OF 8TOCK.
American Sugar Ref.
Anaconda
American Locomotive.*
. do, preferred. . . .
Amer. Smelting Ref. .
do, preferred. . . .
Brooklyn
Canadian . . kUH> , . . .
{■file. * KortbwMtera..
ni!* omu. ..
Colorado niel A Iron..
Central Leather
_ .ao, pref.rrad. . . .
ChJ'. fc Cireat Wnt’o.
Ch e.. Mil. 4 st. I*. . .
Pfiavsr# 4 Hutlsoo...
Dr.tlll.r-, Securities...
Erie. 9 . #
„ do, preferred
General Electric
Illinois Central... . . •
Amer ice Hecurltlca. ..
Louisville A Nashville..
Mexican Central
Missouri Ptelflc. . . ..
NAME OF 8TOCK.
V.. Onr. A Western.
Natl, nal Loud
Northern I'oclflc. . . . ,
New York Central. . . .
Norfolk A Western. . . .
Pennsylvania
Rending. . .
Republic 8tee!
Rock Island
do. preferred.' . . .
United States Robber.
do. preferred. . . .
Southern Pacific. . . . .
Southern Rnllwny. . . ,
do. preferred. . . . ,
Stoss-Sheffleld
Tenn. Coal A Iron. . . ,
Texaa A Pacific
Union Pacific
United State* Steel. . ,
do. preferred
Vn.-Ctr. Chemical. . . ,
do. preferred
Western Union
Wabash
do. preferred.
Total stock sales today 888.460 shores.
NEW YORK.
In* la
York
today:
Rept. . ,
Oct. . .
Nov. . .
Dec. . .
Jan. . .
Feb. . .
March. ,
May,
Closed steady.
TTian
8.79-80
8.96-97
9.13-14
9.22-23
9.29-51
9.S8-tf
9.50 51
&
PCS
8.87-83
9.09-04
9.20-21
9.29-30
9.37-39
9.45-46
9.57-68
LIVERPOOL.
September. •
Rept.-Oet.. .
Oct.-Nov. . .
Nov.-Dec. .
Dec.-Jen.. ..
Jan.-Feb. . .
Feb.-March.
March-Aprll.
Previous
'lose.
5.22V*
day-June
Closed
Opening
Range. (
. . .5.314 618 5.18 ___
, .. .6.09 -6.064 6.06Vi 6.11
. . .6.04 -5.02 6.02 5.06
. ...5.04 -6.01 6.01 5.06
5.04 -5.02 5.02 6.06
. . .6.064-6.03 6.03 6.07
. ...6.074-5.06 6.0T» 5.09
. . .6.10 -6.07 6.07 6.11
, . .6.104-5.084 5084 6.124
. . ..6.13 -5.10 5.10 6.14
NEW ORLEANS.
tures In New <
I
%
S
a
3
3%
1
fi
Rept
Oct
Nov. ....
Dec
Jan
Fob
March. . . .
May
9.30
9.16
*iU9
9.29
9.46
9.58
9.30
9.16
bM
9.30
9.58
9.2*.
9.11
b’.ie
9.25
9.65
9.25
L3
9.16
9.26
b3i
9.55
9.25
9.11-12
9.14-16
9.16-17
9.26-27
9.30-32
9.40-41
9.66-56
»!n*i8
S-2*S n
9.22-23 i
9.32-33
9.37 39 r
9.47-48 J
9.62-64 f
NOTES ON GRAIN
Pointer! on Provialooa.
... OttfL
nly %c nway*from working basis. Market
►oka strong.
Chicago Record-Herald: "It was the pop
ular Impression at the close of business
> east, had come to
- 111111*0, ntfpi. A un iiiirr-orriiii
Minneapolis millers have bought 200,000
hnshels hard wheat In Kansas City the past
few days. Heavy rnlna Is the northwest
have made the new sprlug wheat damp, and
... —jUb millers are sfter dry wheat to
new spring. Cash prices In Kan-
to domestic mills. There was also 11,000
bushels of mixed lots.
Rale* of corn were 65,000 nnd oats 60,000
bnshels.
At the seaboard export afiles were 338.000
buohels wheat, 144,000 bushels corn and 70,•
000 bushels oats.
Deliveries on September trades yesterday
were 96.000 wheat, taken 111 by Sbearson,
Hnmmlll and Knight McDougal. Of corn
and oata there wero 25.000 bushels of each,
of rye 10,000 bushels nnd short ribs 900,000
pounds.
A local export house has Its bids on bard
Inter wheat advance * *—*•••*
they were still He out
inorter, who seldom (■!■■ iw jmiimh-wu.mi.
Id that the seaboard was offering to sell
WHEAT BOUNDED
. LIKE RUBBER BALL
Bears Hammered at It But
Were Unable to Hold
Prices Down.
rT _ AM id
vs nee In wheat of over 4c has worked a
wonderful change In sentiment among the
speculative trade In the past two weeks. 4
—jority of trade Is now bullish nnd . .
. nty of reasons to Justify their position.
Two weeks ago It was the reverse.
Northwestern traders who bad oats sold
here have been covering them of late.
WORLD’S VISIBLE
SUPPLY STATEMENT
THE COTTON SEED OIL MARKET,
Opel
SJj
Repteml»er.
October
November
December. ...»-
Jniiunry
March
closed steady* ’
NEW YORK BANK 8TATEMENT.
The weekly statement of the New York
flunk Association sbowa the following
changes:
Reserves
Loans
8|>ec|o ...
Circulation..
«• 9 ALABAMA ST.
GIBERT A CLAY
SSVtYn. oSa?2:
corvee. provision,
mcmbcrri
ATLANTA, OA.
te.lChlcsfO Board of Trade.,
SfiSS: SPSKiKBSSi Cotton
Priest, Wire. to»n Excban^y.
(■...I and Long Dlatanca Talaphona 5298.
W. n. FAGAN, Manaoar.
ALONZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building. Bell Phone, Main 858.
ATLANTA. GEORGIA.
Secretary Itrat.r’. .tat.m.nt of th.
world', rlilbl. .apply of cotton .bow. >n
lncre.M for tho week of 44,Ml, ncala.f an
IncrenM of 100.1M U.t year and an In
create of 1M.M7 year before laat.
The total vlilbt. la 1.796,702. ly.ln.t 1,
751.Oil laat week, 1746,838 laat year and
1.422.797 year before laat. Of tbit, the to
tal of Amcrlenn cotton la 1.0M.702, nfnin.t
919,661 laat week, 1,946,828 laat year and
886.797 year before laat, and of .11 other
kind,, Ineluding Egypt, Ilraill. India, ete.,
771,000. ngalnat 812,000 laat week, 791,000 laat
year anil 657,000 yenr before laat.
The total world’s rUlbla supply of cot
ton, at nbore, abowa nn Increase compared
with last week of 44.M1, a decrcae com-
pared with laat year of 161,126 and ani la-
create compared with year before laat of
K 0? the world's Tlilhlc supply of entton.
at above, there It now and held In
Great nritaln and contlnenwl Europe W-
000, against 1.4M.OOO U.t year and 489,000
year before laat: In Egypt. 27,000. agnln.t
$4,000 laat year Mid 61,«0 year before U.t;
l» India B7.000, .gainst 621,000 last year
and 284,000 yenr liefore last, and In th.
United State. 461,000, ngalnat 761,000 laat
year and 429,000 year before laat.
CHRONICLE WEEKLY
WEATHER REPORT
S.w York, Sept. n.-Our advice, by t«l
egrnph tbU evening denote tbit on th.
whole the weather ha. been more favorable
during the week over much of th. ionth-
we«t. Dry weather haa prevailed, and
where rain ha. fallen tho predpltatlon lint
been light or moderate, except In some
actions along the Atlantic const. Cotton
1. opening rapidly, an n rul*. and picking
In the main la making very g(»d progrent.
Front Texas, however, there la complaint
that plek.-rn are badly needed. There are
oome report* that the movement I'.being
restricted to farmer, bolding for bolter
prices. _
SPINNERS’ TAKINGS
AMERICAN COTTON
Following In Heeretnry Heater', state,
meat'of the taking, of American cotton
of the world. In round number.: -
This week, 170,C00 this year, ngalnat 164,-
W) U.t year, nnd 109,000 year before
last.
Total alncn Reptvmlwr 1, thla year, 486,-
JO. ngalnat 491,000 Ust year and 111,000
the year liefore. . _
Of thl*. northern aplnnera and Canada
took 63.000 bales this year, against 80.000
u.t year and 00.000 the 7«r befony
southern .pinner* m.001). .gainst 110.000
last year nnd 91.000 th. year l>efore: and
fnrelgn spinner. 290,00), ngalnat 283,(MO Us4
veer and i166,000 the year before.
Chicago, Sept. 22.—It waa Impoaal.
ble to amaih wheat The bears ham
mered away at It In a continued way
and succeeded In trimming the edges
only a little, and aa soon as they lot
up In the onslaught It rebounded not
unlike a rubber ball. The buying of
wheat waa of excellent character, and
while Winnipeg and New York were
sending out bearish reports on cash
wheat, there were said to have been
liberal sales on a aub-roaa way. The
market closed 1-lc lower. Corn
showed losses of l-8@6-8c. Oata were
unchanged to l-4c lower. Provisions
“o off to 5®10c i
Cash sales here
corn and 160,000 oata.
The seaboard reported H loads
wheat, 3 of corn and 185,000 bushels
oats.
Primary receipts of wheat 978,000
bushels and corn 478,000 bushels,
against 1,364,000 and 688,000 bushels,
respectively, a year ago.
Clearances for the day 265,004 bush
el! wheat, 18,000 bushels corn und 7,600
bushels oats.
CHICAGO GRAIN MARKET.
Chicago grain an. provision quotations
for today follow:
WHEAT-'’"'' ni,h ‘
ffc ft .3*
“KiBN- 78 * ™
8 -I 8'
’fc §5 ^ sa
34,4 88
Ropt
Jan... 13.174 13.26
LABD-
Rppt... 8.90 8.90
Oct... 8.874
Jan.^. 7.80
RIDES—
Rent.. 9.90
Oct.... 8.A?
Jan.... 7.974
474
1
TIPS FLASHED
From Wall Street
Privet. Wire to Glbert X (May.
Nov \nrk. kept. 23.-lisnlef Odell & Co.:
The market wfll probably coutlnne In a
trailing position out!! the money situation
Is clearer! up, and we adroente purchases
only on rccessiona nnd aalca on bulges. All
fundamental*, except money, continual bull-
3iarshall, Spader A Co.: Pending more
ceKtaln new* regarding additonnl gold Im
ports, nnd the possible attitude of tne Bonk
of France, the market may show some
heaviness during today'* trading.
Think Baltimore and Ohio Is a purchase
on all weak spots for a pronounced nil-
today, we do not believe any consequeu
tlal extension of Improvement will hold
more than temporarily, owlug to the mone
tary situation and aome technical features,
although It must he admitted that the out
look favors n good bank statement, and
there Is a strong teuilency to sell short
on the slightest provocation on the part
trefslonal <B ~~
BUSINESS SLOW
IN STOCK-MARKET
St. Paul Fluctuated Fre
quently Within Narrow
Limit.
PUT MARKET IN LEAD
of tho professional element. Developments
over night are conducive to strengthening
position of the bull Iu n small way
the long pull, but for Immediate fluc
tuation Information Is neglectful of tho
Miernl market from a hull vie
Idle nt the same time It Is prolific _
tins on specialties. The day's operations
will Include a good deal of evening up,
ictlve of Irregularity. \\«
the market manipulators
the lift out of the present public Inter-
HESTER’S WEEKLY
COTTON STATEMENT
Secretary Hester's statement of the move
ment of cotton for tile week ending yester
day sbowa 0 decrease Into sight for the
week of 62.000, nnd the seven days ending
Heptember 21 lust a decrease under the
same time year before Inst of 76,00(1 nnd nn
Increase over the same time lu 19(29 of 60,-
000.
The amount brought Into aight during
a st week lias been 255.306 bates, against
97.797 for the seven day* ending thl* date
«st yenr, 331,134 before Inst and 196.-
M some time In 1903. and for the twenty-
no days of Heptember It has tieen 576.893,
gainst 896.230 lust yenr, 710,530 year before
1st and 310,938 same time In 1903.
The movement since Heptember 1 shows
pceJpts at all United Rtntes ports 385,703,
I All—I
- . before
Inst, nnd 1.047 same time In 1903. Interior
ntocks In excess of those held ftepteniber 1,
29.498, against 71.236 laat year. M.993 year
before last nnd 42.755 same time In 1903.
Southern mills takings 133,000, sgalust 129.
7.80
8.90
8.86
7.774
L574
r.074
8.924
8.574
7.05
NORTHWEST CAR8.
The following figures give the northwest
y, list week and Inst year:
Last Last
week and Inst year:
Todny. Week. Year.
441
411
LIVE 8T0CK MARKET.
* ..Icago. Rept. 23.—Hogs— Estimated re-
eelpts today 7,000. Market 5c higher: qual
ity fnlr; left over 2.862; bulk t6.15(i6.66; es
timated for Monday 32,000; light hog* $6.28
<26.70; mixed $64(6.70; heavy $5,664*6.60; rough
ft.6Mi5.96; pis* I8.60C6.M: jorker. V.Wt
6.60* good to choice heavy $6.fctV<frt.70.
Cattle—Estimated receipts 200. Market
unchanged: quality fair: beeves 1
cows $1,301/4.40; heifers $2,491/6.20;
$3.9006.^*.
calves $6
poor to
feeders
lean than at this date In 1906.
Including ntocks left over nt porta and
Interior towna from the Inat crop nud the
number of bales brouaht Into sleht thus fn»
from the new crop.
873.673. against 1,250,761 for t
Inst year.
QIBERT A CLAY'S
DAILY COTTON LETTER
. OHeana, Rept. 22.—Foreign news waa
decidedly less favorable to market -prlcea
nnd the reason for the decline was said to
l»e due to the fact that exporters were good
sellers nud evidences of support wero men-
ger In the extreme. Optlonn closed 4 point*
lower, while spot sales were 4,000 hales 2
points lower.
Increased activity and a wider range In
price changes from the ruling narrowness
quirked the day's developments. Besrlsb
activity was more prominent on excellent
weather conditions, good^rop news nnd the
Bank Statement Was About
A.8 Expected and Was
Without Effect. v
New York, Sept. 22.—This morning'*
market presented to the speculative
community the disconcerting spectacle
of prices going down under "good
news." The weekly bank statement,
even with the allowance for tho un
recorded cash gain of last Saturday,
was better a good deal than had been
expected. Cash holdings Increased over
$12,000,000, and^with loans expanding
$7,200,000 this still sufficed to leave
a surplus reserve gain of $7,800,000.
The surplus Item la thus raised to the
comfortable total of $11,000,000 and
stands now almost $6,000,000 above
what It was at thq corresponding pe
riod Inst year.' Nevertheless, the mar
ket'! response to this favorable show
ing was a feeble rr*lly just'after the
appearance of the figures, followed by
a renewal of weakness all through the
list, final prices being about the lowest
of the day.
The bank statement makes It harder
than ever, of course, to understand the
week's hardening of time money rates.
Nor waa the course of the morning’s
security dealings Intelligible on any
other ground than a highly manipulat
ed market, moving, aa such markets do*
In direct opposition to outside news.
LONDON STOCK MARKET.
STOCKS-
Amalgamated Copper. TT
Anaconda
Atchison
do, preferred. . .. #•
Baltimore and Ohio. . .
Canadian l'nclflc. . . ,
Cheanpcake snd Ohio. ..
Chic., Mil. nnd 8t. Paul.
Erie
do, preferred. ....
Ulnota Central. . . . .
.oulavllle and Nashville. .
Missouri. Kan*, and Tex,...
do, preferred. . . . •
New York Central. . .
Northern Pacific. . .. „
Norfolk snd Western. . ,
Ontario snd Western. . .
'ennsylvanls .
lending.. ..
Rock Island.. .. .. ». .
Southern Pacific
Southern Railway. .. .
Union Parific.. .. .. ..
United States Steel.. ..
do, preferred..
Wabash
do. preferred
unfavorable tenor
elgn entiles. The
bullish visible supply statement, the Inar
tlvlty of bulla when receipts are compara
tively small nnd when the various spot cou-
Nevertheless there has beeiTH
through assurances for an ample yb ld.
•hort interest of consfilsrsbls magnltedc,
not only In the domestic centers, but In
the foreign market as well, and should the
occasion arise when liquidation become*
Imperative the question of contract supply
might senrs as a temporary check V fur
ther declines.
THE PRIMARY MOVEMENT.
figures give the primary
__ ieiR and corn today:
Whent—Receipts 978,000 bushels, ngalnat
1.864.000 bushels Inst year: shipments 696,.
m bushels, against 650,000 bushels last
year.
Corn—Receipts 478,000 bushel*, against
338.000 bushels last year; shipments 421,00
bushels, against 674,000 bushels Isst year.
LIVERPOOL GRAIN "MARKET.
Wheat—Opened He lower; closed He
lower.
Corn—Opened 404c lower; closed 4®Hc
lower.
SOUTHERN EXCHANGE
Oldeat Established Offlc, South.
conoa STOCKS BOROS GUI)
Ground Floor Oould Building. Dally
market letter and market manual
mailed on application.
IlJ. ANDERSON & CO
Bankers and Brokers,
COTTON. STOCKS, 6RAIN
Correspondent’s Capital $250,000
REFERENCE. THE NEAL BANK
PHONE 1417. PRUDENTIAL BLDO
unchanged: quality t
western $3,256/6.65;
lambs $4.50©7.7u; weal
J. T. IIOLLKMAN, President.
F. J. PAXON. Vice-President.
• W. L. KKMP. Treasurer.
J. W. ANDREWS, Rocretary.
UNION SAVINGS
BANK
Four Per Cent Inter
est Paid on Deposits
ASSETS $150,000.00
One dollar starts an aeoount.
Hours: 9 a. m. to 6 p. m. Sat
urday! till 9 o’elook at night
1 n«w. >1. 1 r.r.i i.r.n.
W. B. RTOVALL. F. J. PAXON.
W. O. FOOTE. J. T. IIOLLKMAN
CLYDE IIROOKB.J. M. JOHNSON.
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.
cotton^g^a:^, ^rovisi&^StocksPbonds,
Vs. 2 Wall SI., Allaata, Cs.
ffrw Ferft Ceffse fxcftisfe. Clkif* 0«ar4 sf Trad*
lew Orlaaaa Ceffse hcfiift. CkUaja Slat Csckssfe.
Uttrpool Cottaa Auodatlon. Hem Jerk Csffct itthaaoe.
hint* Wtrn la Haw Yark, Hem Orleaaa, Chicago. 0. C C0THHAH, Maaaatr.
Bell Phene 1262. Staadard fka*1
HUBBARD BROS & CO, Sis
Atlanta Office*, 219-221 Century Building.
Members New York Cotton Exchange. New Or-
lean* Cotton Exchange, Liverpool Cotton Also-1
elation, Chicago Board of Trade, New York Cof-1
fee Exchange, New York Produce Exchange. ■
Business solicited for the sboveaxchange*.
Direct wire service. Correspondence invited.
Phones 451, Long Distance 54. A. S. Hustare, Mgr.
Safe Deposit Boxes
For rent In our Vaults in the basement of the
Empire Building for only $5.00 cash per
annum.
Absolute Security and all Modem Conveniences
You should not be without one. We invite
you lo call and inspect them.
Title Guarantee and Trust Co.
3i % 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 Inspect our quarters and Inveatlaate
our facllitlea to servo you, A hearty weleoma awaits you at thla
bank.
ASA G. CANDLER, President.
W. H. PATTERSON, Vlce-Pre*. A. P. COLES. Cashier.
JOHN 8. OWEN8, Vice-Ores. WM. D. OWENS, Aset. Caehltr.
ATLANTA NATIONAL BANK
ATLANTA, GA.
C. 6. CURRIER, President. A. E. THORNTON, Vlce Pre.ld.nt.
H. T. INMAN, Vice-President. GEO. R. DONOVAN, Cashier
JAMES 8. FLOYD, Asst Cashier. '
Capital $500,000.00
Surplus and Undivided Profits $500,000.00
We Solicit Your Patronage.