The Atlanta Georgian. (Atlanta, GA.) 1906-1907, September 22, 1906, Image 15

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THE ATLANTA GEORGIAN. SATURDAY. SKl’TBMnnn JJ, 1908. 15 SNORT SESSION IE ACTIV Opened Lower Under Influ ence of Weakness In Liverpool. SUPPORT LACKING The Close Was Near the Lowest Net 6 to 8 Points Down. New York. Sept. 22.—There wae an active trade at the opening of the local cotton market today. Flret prices were 3 to t 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 ot October and buying of December at 32 points difference. For the short session today there was •lightly 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 Ir. Liverpool was due to open about 3 points lower, but Instead 4 to 6 points as the extent of the de cline. However, opening prices were the highest, while the closing was with in a point of the lowest net 8 to * points lower with the tone steady. Ilearlsh advices from the crop were more numerous than for the past two or three days. Including Improvement In the weather generally and Indica tions that the crop Is In a more prom. Ising condition. Comparative receipts at all United States ports: Net receipts today Same day last year 'points lower. .. 7,378 ..422,170 ..634,822 Decrease . Total receipts since Sept. 1. Same time last year.... Decrease Estimated receipts Mon day: 1906 New Orleans.... 1,000 to 10,000 4,427 (iutveston .. . .14,000 to 15,000 19,769 Houston. . . .14,000 to 15,000 16,164 8POT COTTON MARKET. 2.900: speculation mol export 400; re ceipts 8.000: American 5.900. Atlanta, steady at 9 310c. York, quiet at 9.10c. Augusta, quiet at 45-14r. savannah, atcady nt Stic, lends, qnlet st 9Wo. TODAY’S PORT RECEIPTS. The following tabl* ahowa rrctlpta at tht port* todar “ * * “ Inat yanr: N>\r Orloaua. »;,ilrr*toii. . . Mnl.llo Savannah. . # ffutrlaaton. . Wilmington. . Norfolk 1009 1040 ISM 1451 11405 956 42*7 INTERIOR MOVEMENT. Intorlor town* today, compared with Mim* day la»t y*»nr: Hmiatnn* s Augusta. . Mpinphl*. 1105 1906 to 13467 2802 15637 pr 3509 5 wi 154 dr *492 w 16420 19592 9n L. J. ANDERSON A CO.’S DAILY COTTON LETTER New York, Sept. 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 nrd.rs, the fluctuations were narrow. The tendency was easy, but In the ab sence of pressure, long were not wor ried and most of them were content to keep the accounts open over the'Sun day Interval. The weather conditions »r a whole weirs seasonable, and the crop data coming to hand failed to bring about any changes In the esti mates of the statisticians.. The receipts continued moderate, but since pickings M» accumulating rather rapidly on the Plantations, It Is likely that there will be, an early Increase In ginning snd 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, thfct the specula tive market will contlne of a trad er'. character for some days to come, and ecalplng proflts should be taken as •bey appear. NEWS AND GOSSIP Of tha Fleecy Staple. ^rk- kept. 22.—Liverpool futures UEquiet 1M down on near and 2 down on lute. At 12:10 p. ro.. was 404)4 down * n .d easy. Rales 4,000 snots, at 665d: 2 points down. Futures due to come un changed to )4 up. The Liverpool cotton exchange will be o£» °«tn .•■stead of 4 p. m. during Oetober. November and Deremiter. ljirrott bidding ».15c for 5,000 December. Following Is the ststlstleal position of cotton oi> 1 rlilay, Septemlier 21, as nttde “JO. by The New York Financial Chronl- This Last last Visible supply L794.KS 1.74MJ2 2.7J5X3 American 1.001.JIB 918,03: 1,944,32) Edited by Joseph B. Lively MARKETS Mr. Llrelr'i tweatretire yean* experience of ed- Itlng markets In Atlanta and the South has made him a recofnixed au thority In his specialty. TIPS PLASHED From Wall Street RANGE OF NEW YORK STOCKS AND COTTON MARKETS In stxlit. . . For week. . Fort receipts. 697.229 296.903 , 185.546 Stocks 317.590 Exports. . .. 92.694 Interior receipts.. 145.943 129.621 249,561 76,978 115.231 94.907 100.711 114.105 178,506 144.974 306.801 New Orleans, fiept. 21—Cables are rtry unfavorable. In the face of the extremsly bullish week-end figures. The lower future market Is probably due to freer offerings from Texas, where cotton Is now corn mendng to pile up at a rapid rate. Private Wire to Glbert Sc Clay. . New Orleans, Sept. 22.—Our Liverpool ca ble says: "W> expect a gradual declinei do not think speculation strong enough to sustain the market. The market la affect ed unfavorably by Importers' selling." A special from Oklohoma City says: "The first consignment was started for Jap yesterday, l»elng part of a 5.000-bale lot." Chickasaw, Ind. T.. wires: “Crop proa- pecta are Incoming more favorable: the weather Is more favorable. The ere this vicinity Is fifteen days late; crop well, aud the worms hare done but little damage. Do not lielleve reports al»out In- S rles to crop. Tha crop in this section will 15 per cent more than last season." Flora, M'sa., wires: "Henry rains throughout this section for last three days elite crop shows decided Improvement, but late; Red River, Pauls. Wichita Valley, through both territories, crop simply enor mous. Large plant heavily fruited, but late on account of Incessant mins In August. With favorable weather and n late fall# would be a record crop/’ Dun's Review sots: 'T(_ have not materially changed the mills operating a Jorge percentage of machinery without having much nsw forward busi- n Todav’s map la more favorable, and while scattered showers have occurred In Georgia Alabama and Mississippi, the weather If much dearer, especially 1n Texas. New York. Se^t. 22.—Liverpool closed due unchanged. The Journal .»f Commerce nays: "The ^ libers have had s generally quiet week the stores, but they still r trade from various parts of on goods taken In small volnmc when the season opened. The strength of prices for nil spot goods continues, and there Is no COTTON MOVEMENT DURING PAST WEEK llowiog tsbls shows tho raovrrarnt of during tho post week nml the total movement etnre September I, compiled by Superintendent Ktn*-of the New York Cot ton Exchange: Port receipts... Overland to mills and Canada.. •Southern mill takings Gain of stock at Interior towns. Brought Into sight for the week 11905.1 156,122 I 4.632 45.010 15.962 11906.1 240,478 I 4.357 42.000 26.005 Total Crop Movamtnt. 11950 297.776 Brought Into sight thus far.... •Rstimated. WARE A LF.LAND'5 DAILY COTTON LETTER* Sent. - , plained reason, there waa a aharp break the Liverpool market this morning that New Yoric. Sept. 2.—For soma uuex* lore waa a sharp III —— .hi w . Shorts had been covering for some time on the theory that the crop deterioration has been such and the demand for spot cotton ao good that, temporarily, t least, an advance In the future mor tal might he expected. Going on this assumption, a great deal of the short cot ton has been covtred dnrlng the past two or three weeks, and as the market approaches the Oetot*»r notice day. the weight of the nctnnl cotton has been In creasingly felt from day to day. Und«r the circumstances, the dlii>osJtli>n to sell short was very natural, but It now bo- . • - •- -- —-—■- int o* '** . WS 1 it pi . ned alNiiit there waa an aggressive lasting for some NAME OF STOCK. iSJnttOTr;: American Sugar lief. .. Anaconda. ....... American Loeomotlrs.. . do, preferred. . . . Amer. Smelting Itsf. . A4i«K"?'. r " d \:: America ^Cotton OIL ‘■aar. Csr Fi w*:: Colorado Fnsl ft iron.. Central Leith,r „ do, preferred. gfcMWf!*::::: America Hecurltles. ,! & tfiS NAME OF STOCK. . V., Ont. A Western. . Nn ti« nnl Lead Northern Pacific New York Central. . . . Norfolk A Western. ... Pennsylvania People’s Gas Pressed Steel Car. . . » , Rending e epuhllc Steel. . . . . , ock Island do. preferred United Stntea Rubber. . da preferred do. preferred. . . Sloss-SheffleJd. . . . Tenn. Coal A Iron. . Texas A Pacific. . . . Union Pacific United Staten Steel, do. preferred. Western Union. Wabash do. preferred. . Wisconsin Central, do. preferred. . To nl stock aalea today 388,400 shares. NEW YORK. Sept. , Oct. . Nor. , Dec. . Jan. . Feb. . . March. . Ms; iy- OT *.79*80 8.96-97 9.13*14 9.22-23 9.29-31 9.1? 39 9.50-51 LIVERPOOL. The following table gives the opening range and clone, compared with yesterday’s close: i Future* opened quiet and steady. Opening Previous Range. Close. Close. . . .6.31 Vk-6.18 .6.09 -6.06% September. Oct.-Nov. . , Nov.-Dee. . Dee.-Jan.. .. Jan.-Feb. . , Feb.-March. March* April. • . .6.04 -5.02 . ...6.04 *6.01 6.04 *6.02 . . .6.06 r $.22% 6.11 .tt-6.03 ’4*5.06 ‘ -6.07 ‘f* 6.06% .... 6.02 6.05 6.01 6.06 6.02 6.05 6.03 6.07 6.06 6.09 6.07 6.11 5-08% 6.13! 6.10 6.14 NEW ORLEANS. tares In New Orleans today: Mopt Oct Nov Dec Jan Feb March. May.. . Closed 9.46 . 9.68 steady, a li j 11 rrsu 9.11*12 9.14*15 9.18*17 9.28*27 9.30-32 9.40-41 9.66*65 rii™ 9.17*18 9.20*221 9.22-21 9.32*28 9.37-39 9.47-48 9.52-54 NOTES ON GRAIN Pointers on Provisions. THE COFFEE MARKET. The following table gives the opening range and close, compnred with yesterday a close: THE DRY GOODS MARKET. York. Rent. 21-r-The dry goods mar* , wn * aenerally quiet for the day. tl»* •pediil fonture being the buying of print «ind yarn goods In- large volume Into ^jarch. of next rear Raw woo! Is or* “!*• "" manufacturer* are finding fault prices. Opening fiance. Close. ..6.50-8.55 8.35-6.40 Reptember. . . October. . . • • November December. . . < January March ‘steady! NEW YORK BANK 8TATEMENT. The weekly statement of the New York nank Association show* the following changes: Reserves.., I^tans Hpeele.,... Private Wire to Glbert A Clay strong. Chleago ltecnrd-IIernld: "It was the pop ular Impression at the close of business —* **- little pocket edition cor- ... .... corn, cauaod largely by the purchase of Reptembar by Armour against sales of cash corn east, had com* to an end. i iiiciko. oepi. ftft.— ftiio luirr-urmu wijb; Minneapolis millers have bought 200,000 bushels hard wheat la Kansas City the past few days. Heavy rains In the northwest have made the new spring wheat damp, and Minneapolis millers are after dry wheat to mix with new spring. Cash prices In Kan sas City yesterday were up “*“■ —••• — and exporters buying. No. up Cash business In wheat In Chicago Friday was 66.000 bushels. Including 25.0M bushels No. 2 hard for export and 80.000 bushels to domestic mills. Thera was also 11,000 bushels of mixed lots. Sales of corn were 66,000 and oats 50,000 bushels. At the seaboard export sales were 138.000 bushels wheat, 144,000 bushels corn and 70,’ 000 bushels oats. Deliveries on 8eptemt>*r trades yesterday were 95.000 wheat, taken In by Hhearson, ZInntmlll and Knight McDougal. Of corn and oats there were 26,000 bushels of sach. of rye 10,000 bushels and short ribs 900,000 ponuds. A local export house has Its bids on hard Inter whs ‘ * *" “ — they were i exporter, wno aemnin isias «or pumicHiioti. said that the aenbonrd waa offering to sell Manitoba. Duluth No. 1 northern and No. 2 hard winter at lower prices than It waa possible to put the wheat there. An ad vance In wheat of over 4c him worked a wonderful change In sentiment among the speculative trade In the past two weeks. A majority of trade Is now bullish and see plenty of reasons to justify their position. Two weeks ago It was the reverse. Northwestern traders who bad oata sold bar* hare been covering them of late. WORLD’S VISIBLE SUPPLY STATEMENT of Circulation.. .* IML . 13.lf0.000 "..17,763,900 GIBETRT & CLAY STOCKS ■ONOJ 1 * alabama * t - IBK8I ATLANTA, OA. Tort Mock BxeksnwJXsiv Ortasns Cotton "«*;| fe coff« B;: ssa -iu„ MMftsurse "““■w. «■ «»»■— . Trads. Association Eichan,* ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone. Main 858. ATLANTA. GEORGIA flocratary Hsstar’s ststsmsnt world's ytsllds supply of cotton shows an Increase for ths week of 44,ML mstasf an Increase of 100,144 last year nod en In crease of 144,467 year before leet. The total rltllile li 1,744,104, axelnst 1,- 7(1.441 leet week, 3,744.424 test year end 1.422.747 year before leet. Of thle, the to tal of American cotton le !,0M,70^ axntnst 414,461 leet week, 1,416,428 leet year and 446.747 year before lest, snd of .11 other kinds. Including Egypt, Brasil, India, etc., 771,000, agolnet 832,000 leet week. (41,000 last year and 657,000 year before laat. The total world'* visible aupply of cot ton, ee above, ehowa an Increase compared with last week of 44,041, a decrease com pered with loet year of 161,124 and ani In- creeae compered with year before leet of 57 Iff 5 the world'* ylelhle supply of cotton, ea above, there It now afloat and heldln Great Britain and continental Europe 74^. 000, agaioat 1.411,000 leet rear end 469,000 veer before leet; In Egypt, 27,00,1. tgalnet 24,000 leet veer end 6L«0 yeerhefor* last; la India B7.000, against 62L000 last year snd 244,000 year liefor* lasL andLin tha United State* 443,000, agalnet 741,000 laat year end. 424,000 year before leet. CHRONICLE -WEEKLY WEATHER REPORT Sew York, Sept. 21,-Our adrleet by tel egrnph thle evening denote that on tha whole the weather hat been more favorable during the week over much of the eouth- wcat. Dry weather hat prevailed, end where rain haa fellcn the precipitation hat lieen light or moderate, except lu eome Kctlons* along the Atlantic coaet. Cotton 1. owning rapidly, nn a rule, and picking In the mein It making very g<wd progreaa. Front Texas, hnwerer, there Is complaint that plckcra arc badly neede.7. There ere some report* that the movement l> .being restricted to farmer* holding for batter price*. ___________ SPINNERS’ TAKINGS AMERICAN COTTON Following la Secretary lleater'e state- ment of the taklnge of American cotton of the world. In round nombcri: Thle week, 170,000 thle year, tgalnet 144,- 800 lest year, and 104,000 year before last. Total aln<*o Rvptambor 1. tbla yaar, 485,- 900. against 493,000 last year sod 212,000 the year before. . _ , Of thle. northern aplnnera and fauada took 63.000 bale* this year, agalnat 10.000 rear and 90,050 the year be/.»rq: i ia s w.. n r aud 97.000 the j ear tiefore, and fSrigi A>l*»cni »«•«»• •P»“‘ *••« .Mr end' 156,009 the year liefor* WHEAT HOUNDED LIKE RUBBER BALL Bears Hammered at It But Were Unable to Hold Prices Down. Chicago, Sept. 22.—If was Impossi ble to emaah wheat. The bears ham mered away at It In a continued way and succeeded In trimming the edge* only a little, and aa soon aa they let 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 tending out bearish reports on caah wheat, there were said to have been liberal sales on a sub-roan way. The market closed l-8c lower. Corn showed losses of l-8®6-4c. Oata were unchanged to l-4c lower. Provisions 10c off to 5@10c up. Cash sales here 24,000 wheat, 117,000 corn and 160,000 oata. The seaboard reported) 11 loads wheat, 3 of corn and 185,000 bushels oata. Primary receipts of wheat 978,000 bushels and corn 473,000 bushels, against 1,364,000 and 688,000 bushels, respectively, a year ago. Clearances for the day 235,000 bush els wheat, 18,000 bushels corn and 7,600 bushels oata. CHICAGO GRAIN MARKET, fo^blcego jjrelO' am* provision quotations Previous Open. High. Low. Close. Close WIIEAT— nail fe'a aai fc si Si sa sa 'l-oiik- 31 * ¥■ 34Tb Sept Jnn.-^ii.mt 13.26 LABD- Sept... 8.40 Oct... 4.47H Jan... 7.60 SIDES— Sfc S:2? Jan.... 7.77% 8.90 8.90 7.80 iirn 7.10 8.90 8.85 7.77% 7.^6 *]57V4 7.07V4 8.87% 8.85 7.77% 8.92% 8.57% 7.06 NORTHWEST CAR8. io following figaroa giro tho i i ot today, laat wook and Inst ; Mlnnrnpolla , . , THE PRIMARY MOVEMENT. The following figures give the primary movement of whwtt and corn today: Wheat—Rttcelptt 978.000 buabels, against 1.864,000 buahel* laat year: shipments 696.- 00) buahela, against 560,000 bushels Inst year. Corn—Receipts 478.000 bushels, against .J8.000 bushels last year; shipments 421,000 bushels, against 974,000 bushels Inst year. LIVERPOOL GRAIN MARKET. LIVE STOCK MARKET. Chicago. Sept. 22.—1 logo—Estimated re ceipts today 7,000. Market 5o higher: qual ity fair; left over 2.562; bulk S6.1M/9.55; ea tlinn ted for Monday &000; light hoga $6.25 G6.70: mixed I6G6.70: heavv I5.66R6.60; rough fa.^>45.96; pigs |9.90^5.70: yorkers |6.80® 6.60* good to choice henry 35.504f9.70. CatTle— Estimated receipts 200. Market unehanjred^ ijunllty falr^ beeves |8.80©9.90; cow. ft.snff4.40; heifer. $2,*ni.5S: e,l?ei |l B4: food jirlme steers I5.86fffl.90: ptvir to tnnllmn I3.40ff6.40; stockors nnd feeders »2.4nff4.60. Hhcep—Estimated receipt* 2.000. Market nnchnnxed: qunllty fnlr; native t3.20ff. p >.fi&; western I3 2M6«: yenrllnge fe.60ff6.i6; lamlis 4l.50ff7.75; western 34.54ff7.16. Wheat-Opened He lower; rloeed He lower. Corn-Opened HffHc lower; closed HffHc SOUTHERN EXCHANGE Oldest Established Office South. conoi STOCK—BONOS GRAIN Ground Floor Oould Building. Dally market letter nnd market manual mailed on application. L. J. ANDERSON & CO Bankers and Brokers, COTTON, SJOCKS, GRAIN Correspondent’s Capital $250,000 KCrCRENCC. THE NEAL BANK PHONE I4IT. PRUDENTIAL BLDG Private Wire to Glbert X Clay. New York. Bent. 22.—Daniel Odell A Co.: The market will probably continue In a trading position until the money situation Is cleared up, nnd we advocate purchases only on recension* ami sales on bulges. All fundamentals, except money, contlnnes bull- Marshall, Spader A Co.: Pending more ceprnin news regarding addftonnl gold Im ports. and the possible attitude of the Bank of France, the market may show some heaviness during today’w trading. Think Baltimore and Ohio la a purchase on all weak spots for a pronounced nd*‘ vance. New York Flnnudnl* Bureau: While strongly advocating purchase* on reactions today, we do not believe any consequen tial extension of Improvement will hold more than temporarily, owing to the mone tary situation and some technical fen ft res, although It must be admitted that the out look favor* a good bank statement, and there Is a strong tendency to sell short on the slightest provocation on the part of tho professional element. Develops* over night are conducive to strength* w the position of the bull In n small way for the long pull, but for ImmeiUate One- tuntlon Information la neglectful of the general market from a bull viewpoint, while at the same time It Is prolific or bull BP? ?n si>eclsltlas. The day’* operations will Include a good deal of evening tin, nnd this Is productive of Irregularity. U J do not Iielleve the market innnlpnh will let the market down amterlally In t reactions of conservatism, aud to Increase the shortage chiefly because It would take the lift out of the present pahltc Inter est. which la sustained by conservative activity, HESTER’S WEEKLY COTTON STATEMENT BUSINESS SLOW IN STOCK-MARKET St. Paul Fluctuated Fre quently Within Narrow Limit. PUT MARKET IN LEAD Secretary Hester's statement of the move ment of cotton for the week ending yester day shows a decrease Into sight for the week of 62,000, snd the seven days ending September 21 Inst a decrease under the same time year before laat of 79.000. and an Increase over the same time In-1903 of 90, 000. The amount brought Into eight during the past week haa been 255,306 bales, against 307.797 for the seven days ending this date lost year, 331.134 year before laat ar' 681 same time In 190S. and for the l one days of September It haa been against 899.230 last year, 710,630 year last snd 810,938 same time In 1903. iwu.iia , * last and 203.912 same rime Mlsslppl. Omo snd Potomac iern mills and Canada 12,161, .... Jast year, 10,240 year before laat and 1,017 same time In 1903. Interior stocks In excess of those held September 1, 39.498, against 71,231 last year, 56.993 yesi before last and 42.756 same time In 1903 Southern mills takings 133,000, against 129, 883 last year. 91,468 year before last and 63,224 anine time In 1901 Foreign exports for the twenty-one days have been 221,146, against 287,709 last year. The total takings of American mills, North. Aokth and Canada, thus far for the season have been 199,219. against 209.569 laat ear. These Include 63,006 by Northern dinners, against 79,740. (Hocks at the seaboard snd the twenty- nine leading Southern Interior centers have Increased during the w*t*k 85,997 bales. Interior towns from the last crop nnd the GIBERT A CLAY’S DAILY COTTON LETTER tie due sellers and evidences of aup|iort were mea ger In the extreme. Options closed 4 points lower, while spot sales were 4,000 bales 2 points lower. Increased activity and a wider range In price changes from the ruling narrowness marked the day's developments. Bearish activity was more prominent on excellent weather conditions, good crop news and the unfavorable tenor of foreign cables. The !*»«* «wy support evdn In the face of g bullish visible aupply statement, the Inac tivity of hulls when receipts are compara tively small nnd wheu tho various spot can- Bank Statement Was About As Expected and Was Without Effect. , New York, Sept. 12.—This morning'* market presented to the speculative community the disconcerting spectacle ot prices going down under “goud news." The weekly bank statement, even with the allowance for the un recorded caah gain of laat Saturday, waa bettar a good deal than had been expected. Caah holdings Increased over 312,000,004, and with loans expanding 37,300.000 this still sufflcsd to leAra a surplus reserve gain of 37.300,000. The surplus Item Is thus raised to the comfortable total of 111,000,000 and stands now almost 14,000,000 above what It wa* at the corresponding pe riod last year. Nevertheless, the mar ket's response to this favorable show ing was a feeble roily Just after the appearance of the figures, followed by a renewal of waakneaa all through the list, Anal prices being about the lowesi of the day. The bank stattmant makes It harder than ever, of course, to understand the week’s hardening of time money rates. Nor waa the course of tho morning's security dealings Intelligible on any other ground than a highly manipulat ed market, moving, aa auch markets do, . In direct opposition to outside news. LONDON 8T0CK MARKET. STOCKS— Amalgamated fopper. . .. Anaronds . . Atchison do, preferred Baltimore and Ohio. . . Canadian l’selfle. . , . Chesapeake nnd Ohio. .. . Chic., MIL snd Rt. Pan!.. Erls v day preferred Illinois Central Louisville nnd Nashville. . Ulsaoorl, Kens, and Tex... do, preferred New York Central hern FeclAc »lk end Western. . . . Ontario snd Westsvn Pennsylvania .. . 8Sf%iod-v.: Hon thorn Pari fir Boutharn Railway Union Pacific..' .. •* .. . United fltatc* Rtcf?l do, preferred.. „ *• ,* • Wshssh .. . do. preferred.. ..... Nevertheless there hee been created, through assurance, for an ample yield, a short Intercut of mnslderxldo mtxnUnds, not only In the domeetlc tenters, hot In the foreign mnrket as well, and should tlm occasion arise when liquidation liecnnics Imperative the question of contract supply might nerve as • temporary check to fur ther decline*. JV1L f„ rBBL, President. ItODBKT F. MADDOX, Vice President THOMAS J. PEEPLES, rathlar. JAMES G. LESTER, AaaiaUnt Caabler. MADDOX-RUCKER BANKING COMPANY. UNION SAVINGS BANK Four Per Cent Inter est Paid on Deposits 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. ASSETS $150,000.00 On* dollar start* an account Houro: f a. m. to 6 p. m. Sat urdays till B o’elock at night. moo. a. rr.r.i i.r.n, W. B. STOVALL. F. J. PA^ON. W. O. FOOTE. J. T. IIOLLFsMAN CLYDE BROOKS,J. M. JOHNSON. Safe Deposit Boxes For rent In our vaults in the basement of tht Empire (Building for only $5.00 eaeh per annum. / Absolute Security and all Modern Convenienses You should not be without one. We invite yqti to call and inspect them. Title Guarantee and Trust Co. Sew Orleau. cottonVgraw?, Provision's, t sTocK!pBONDS, Ila. 2 Wall St.. Peteri BellHaf, Attaata, 6a. Sew 0/leant Cattaa ... Urereeet Cattaa Aaaaelatlaa. Private Wires la Sew Sell Phene 120. VIKff* *»•!« *1 I * Owe. >#f, Chlceae Sleek luhenge. aa. Sew lark Coffee tzebaaft. fork. Haw Orleans, Chicago. f. C COTS MAS. Uenaaet. Standard Phan 3i % Compound Interest lo the rate your money will draw If deposited In the SAVINGS DEPARTMENT of CENTRAL RANK AND TRUST CORPORATION CAPITAL $500,000.00. CANDLER BLDG. STRONG, SAFE, CONSERVATIVE You ara Invited to call and Inspect our quarters and investigate our facilities to serve you. A hearty welcome awaits you at this bank. ASA Q. CANDLER, Preildent. W. H. PATTERSON, Viee-Pre*. A. P. COLES, Cashier. JOHN S. OWEN8, Vlce-Pres. WM. D. OWENS, AssL Cashier. HUBBARD BROS SCO., SSL Atlanta Offices, 219-221 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 aboveexchanges. Direct wire service. Correspondence Invited. Phones 454, Long Distsnce 39. A. S. Hustace. Mgr, ATLANTA NATIONAL BANK ATLANTA. GA. C. E. Cl/RRIER, Prsaldsnt A. E. THORNTON, Vice-President H. T. INMAN, Vice-President. GEO. R. DONOVAN, Cashier JAME8 8. FLOYD, A.s’t Cashier. Capital $500,000.00 Surplus and Undivided Profits $500,000.09 We Solicit Your Patronage.