Newspaper Page Text
THE ATLANTA GEORGIAN.
11
AT OPENING
Feared the Gulf Storm Will
Damage Cotton -in
the Fields.
RECEIPTS INCREASING
For the First Time This Sea
son Day’s Ahead of
Last Year.
New York, Sept 25.—The cotton
market opened eteedy up 4 to < points.
Traders displayed considerable ner
vousness over the gulf situation. It
looked like an attempt to restrain the
upturn, but the demand from other
sources swung the list upward.
The cotton markets today showed a better
ffelln* than for the neat' two weeks.
' " with prices hither than
Liverpool led off
due, which was relleetod In both
" 1 It
few points, betterment being incren'sed
ionic HjiS points during the early trad-
fh«» early itrcngth tnt due to general
rain* «n foe belt, with nredfctfons for more
tomorrow.
Following are the active months In Liver
pool today:
°Sftk W JSJj
.an f.oi 4.*ris
. .5.01 6.(6 5.COvJ
.5.(6 5.00 6.0414
rainfall, In sections
Mnrvh-April..
May-Jane. . .
Tessa reports hear;
Trisa reports heavy minfallt In sections,
l.yi Inches havlns.fallen In Dublin: Orel-
runs 1.12: Tort worth 1.70; ilonstun 1.04:
.- — v —-i J tei( 111 bill 10. U|
W.017 last rear. Aa compared with 1904,
the 11.100,000 year, the showing la. not f»
that i
•;S8?
iiiv isisvv,vuv «rai. iint showing
tors hie. receipts for this day In
s»o aggregating 102,47! Iwlrs.
Comparative receipts at all United Rtatea
i«irts:
Net receipts today.. ..
name day last year....
Decrease I .... 4.134
Total receipts for three day*.I . .147,110
Some days last year 171,700
Decrease.... 1 24,(47
Total receipts sloes September 1....542.527
Same time last year 749,did
Decrease t 204,149
Estimated receipts tomorrow:
1M«. 1906.
sYctr Oriental *,$00 to t.900 JUg
Galveston 11,000 to 11,000 15.981
Houston UJ0) to 14.400 11.706
In the late trading moat of the e«rly ad<
.. — L * -•—»— steady
points
NEWS AND GOSSIP
Of the Fleecy Staple.
Private Wire to Ware A Inland
hew York, Sept. 2S.-Urerp^o| futurea
"s Srs M* wt,t
mo M vV k .r WriL-fe •!* M ‘2
Jh 1 *^ 11 ^****^ Iitoraw hit thebelt!
Hpots In fair demand and supply, with
factors Inrllucd to ask an advance of 1-I6e.
. liaggott k Co.: ’’Opinions aa
to this crop, the out-turn compared with
the prospective world's general require.
to, the general effect of the trade on
™^ tua / l0,, lu nud on J he c ®urae of th«
market for the near future, are widely
different, and each aide atrongiy coutenda
R 0 * 11 ! 0 ”* ao^thnt wbllt we feel de-
c dedly bearish and look for gradual de*
.to much lower price*, we renllM
that It will not be a runaway or ont-aldcd
affair, but that the decline will be strong*
are for laid weather In the next
three days,, two storms, one from the north
and one from the south, being headed for
the cotton belt Prices ought to do better
temporarily.
The government bureau tun notified the
cotton exchange that the n&t jrlnulog ami
condition report* will probably lie laaued at
12 o'clock our time on October 2.
Private Wirt to Glbert 4k Clay.
New York. Sept. 26.—Liverpool cablet:
'Market steady; South dearer aud not of.
ferlng so freely this morning. Rplnners art
nervous and buying rather more freely.
The market feels the Influence of reported
ralna doing harm."
Edited by
Joseph B. Lively
MARKETS
3fr. l.trelf'a twenty-fire
years' experience of ed
iting markets In Atlanta
and the South has made
him a recognised au
thority In bis specialty.
TIPS FLASHED
From Wall Street
Private Wire to Wore A Ulsnrt.
New York, Kept 25.—lamdou ntcn.lv:
changes light oicciy Anuuup.ln; Um la up
3 4 points. nu.l slguiflcnnt of au Increase lu
the .IIvIiIhihI today.
__ _ , _ .. w Sentiment la verj # bullish on Coiners, but
RANGE OF NEW YORK STOCKS AND COTTON MARKETS | ' u » f kot s'MreU^ns’leerounr'Mmw 1 h!ia
not ns yet taken any stops lo rcltnve the
i.ionvtnrv slinnHon, although It Is fully si
SPOT COTTON MARKET.
I.lvovpnol, spot cotton quint snd steady;
middling uplands (.tod; salon #,<$>; Am.rl
can Am); spocolstlon and ssport 690; re
ceipts none.
Atlanta, quiet at ll-ltc.
New York, quiet at 9.40c.
Now Orleans stoadr ** **
dollvorrd on contrac _
‘ »t SAC.
•I*-
Ausnsts. quiet at
Hnv.nn.h, quiet a
8t. I.oula, qnlat at
Wilmington, at
9Hc.,
Iloston, qul
Memphis, steady at SVtc.
Baltimore, nominal ~
Unlveston. (toady
Norfolk, steady *
Charleston, qnl
it 4Vkc.
TODAY’8 PORT RECEIPTS. _
The following table show, receipts at the
.iris today, compared with tb« same
17.7
Now Orleans.
< i:\trcataa. . .
Middle
Savannah. . .
• linrloatou. .
Wilmlngtou. .
Norfolk. . . .
Boat on. . . . ,
Philadelphia.
Jacksonville. .
1906
11977
J26M
2079
15764
1062
1680
2045
jSS
1148
14407
1952
4194
9239
INTERIOR MOVEMENT.
The following tame .howi receipt* at the
Interior towns today, compared with th#
vine day laat year:
thau on the laat days
the rommlselon houses reported a contln
uance of the steady demand for quick
-* trade for
situation
nnd do.
„ are acarc*
and blah; thote that are not wanted are
not Arm. although they are net la any
large arcnmulatlnn In Aral hands.”
New Orleans, Sept. 25.—Our market
steady, but eatremely narrow. Some few
-horta are revering on the had
Our travallng representative ...
Oklahoma City: “If wrether good for nait
two weeka. receipt* will lie enormoua from
thla section: opening fait now,
■ilng; partly cloudy.”
_ map la unfavorable. Heavy rains
hav* escorted In almost all sections of ths
Hdt. and weather condition! are generally
*® di.pntch from Taylor. Tex., any;:
r weather eontlnueil throughout thla
week, and cotton gathering has keen go-
Ing on In full blast, nlthough there lu a
scarcity of picker.. The fair weather hng
had n tendency to make the cotton open
very fast, and Arid* allover the sectlou
look aa thongb no cotton hrd been picked.”
The weekly weather report has exerted
no Influence npon the market. The tem
peratures hare generally been above the
normal, while the rainfall la evenly die-
"stnnu’warntng: Center of dlitnrhance
In aouthenatern gulf, and will probably
move northward. Dnngerotta for vesaela li.
middle anti eaat gulf and on Florida coaat
next two daya.
GOV’T WEEKLY
WEATHER REPORT
Washington, Bept. 25,-Weekly report by
* t Texn*-the week wna generally fnvoralde
for Arid work. The rainfall was scattered
nnd Itelow the normnl exrept In Kl jaao
nnd MeLennon eonntlea and over n limited
are* from Caldwell to Montgomery coun
tie*. where It exceeded the normal. A large
number of countie* received no rein, the
temperature* averaged from 1 to 2 degrees
above the normnl. except In the northwest
ern and nnmerona western counties nnd In
the aonthweitern coaat, where It waa nearly
° "Oklahoma-Indian Terrltory-The mean
temperature wai ellghtly above nnr “'"l;
Scatter,-I ahower* occurred In the i-aetern
and eooth central portion* and heavy rain
Tell In the north centre! and weatern por
tion on the 17th nnd 14th.
North Carolina—The week waa remarka
ble for th* hlghNtiean temperature, which
waa 7 degree* nlmv# the uorennl. The rein-
tall averaged mueh'nliore the normal, but
wag unevenly distributed. Conelderabl* dam
age bv high wind* wna reported.
Honfli Carolina—A damaging atorm .cress-
ed the state on the 17th accompanied by
general rein. The extreme northwestern
counties received the heaviest rainfall,
while the eastern portion nurtured moat
front the wind. The menu temperature wna
nearly 5 degree* aliove the normal.
Oenrgla—The A rat two days were cool,
the rest of the week lielng fair. The inr/m
t»mp?m)on »»< fn>j» 1 to 5 degrees nbore
the normal. The rainfall w-aa above the
normal In the northern counties. I ora lly ea-
Ct-aalvc rnlua oecnrrlng from the llth to 2lat
lu the aouthern half. The rainfall waa.be-
low tha normal, none occurring at a few
southwestern atntlons.
Alalmmn—The temperature ami rainfall
were above the normal, frequent scattered
thunder storma occurring In the middle
counties, attended at time* by excessive
precipitation.
NAME OF STOCK.
Amalgamated Conpar
Atlantic Coast Line.
American Sugar Rtf. .
Anaconda
American Locomotlvt.
do, preferred. . .
Aintr. Hineltlnc R*f.
do. preferred. . .
Atcblsou.
"»«• vuuiiurj, .*•*•*
Baltimore A Ohio.
Brooklyn Iupld Tran.
Canadian Paella-*
Chic. A Northweufsrn.. . .
Cheanpeake A Ohio
Colorado Foal A Iren.. . .
Central leather
do, prefsrrcd
Chic, A Clreat W.at’a. . .
Cb e.. Mil. A St. p. . . . .
’do.
urltlea! V.
NAME OF STOCK.
. Y., Ont. & Western.
National Lead
Northern I’aclflc. . . .
New York Central. . .
Norfolk A Western. . * .
Peuuaylranla. .
■Uoplo'e n «*
rested
PiiciAc Mail. .".", j;;;
Reading
Republic Steel
Rock Isliiud
do. preferred
United States Rubber. .
do. preferred
Southern l*aclfice . . . •
Southern Railway. . . .
do. preferred
Sloss-Sheffleld
Tenn. Coal k Iron. . * .
Texas k Pacific
CuIon Pacific
United States steel. . .
. do. preferred
Va.-Car. Chemical. . . .
do. preferred
Western Union
Wabash . . .
do. preferred.
Total stock sales t<
Wisconsin Central*
do. preferred. ,
day 1.131,700 shares.
NEW YORK.
Ing la
’ York
»ept. . . . .
Oct
Nov
Dee
Jan
Feb
March. . . .
May. .
today:
ii i
1.78-79
8.92-93
9.06-10
9.17-18
9.24-26
9.82-33
9.43-44
il
JMM
8.70-71
8.86-87
9.04-06
9.12-13
9.19-21
9.28*28
9.28*40
LIVERPOOL.
ub,# «•»«» J 1 * 0 ©lining
dMw* tn4 c °*®* C0In P« r *d with yesterday's
Futures opened easier.
NOTES ON GRAIN
Pointers on Prorlfions.
Private Wire to Ware A Leland.
Chicago, Sept. 23.—Offerings In our pit
continue light and local bulla will probably
hid the market up ttnlay. Leaak says there
la no apparent demand for wheat this
morning, and It looks aa thongb some of
those long good lines, afraid of the other
fellow, will start first and sell out. Notice
nerenl of the iongn are watching the tuac*
ket very closely.
Twltty says onta are very tame. Some
buying of December by Bartlett, Frasier A
f arrlngton, and Utitusey about the l»est
buyer of May. Selling by commission
houses.
Wheat acting heavy, and the crowd will
ba .T e / op 1* It dip* *ny more.
Provisions steady to a shade lower. Buy*
?* °f Janu#r J r *!>*• Octol>er lard by commls
slon houses.
January ribs,
steady.
Little better trade. Market
the week being partly
% .dear, with frequent showers,
rains being heavy In the aouthenatern and
cloudy to
GIBERT A CLAY’8 DAILY C ___ D
COTTON LETTER
New Orleans, Sept. 25.-In Liverpool op*
tlona ruled steady and slightly higher on
rrptirteil damage by ralus throughout the
n.tton belt, closing v prices were a point
higher than the prerious day s level*, while
spots continue nnlct with sales amounting
4.. c fwv\ imiM •. nn advance of 3 points.
weakness of the spot alt-
Hkuesa of the weather. From one end of
the licit to the other roplous ralna have
fallen anil In consequence a further dewy
In picking has occurred. The storm that
yesterday was reported off Cub* has worke«l
it" way today Into the gulf and 1* now mov
ing rapidly northward. Farther heavy rain*
•re expected, but If no seriona damage Is
dme the advance brought ehout *od*7
through rather extensive snort covering will
pmbnTdy lie only temporary. much cot-
ton. however, remains unpicked 111 the fields
that clear weather la essential to make dou-
Mr bountiful prospects, and the advent or
•ny unfavorable circumstances that would
dotroy stich promises would doubtless find
a full reflection In market prices through
the driving to cover of a greater portion of
thf recognised large abort Interest.
iglit in the western counties. The mear
auiDerature was from 4 to 6 above th#
3 degree# In the southern nariahe# to 6 de
greea In the northern parishes. Showers
occurred every day. Iwlng quite general dur
ing the latter part of the week and heavy
In the southeastern portloga. Elsewher*
the rainfall generally amounted to leas than
H «n Inch. The sunahlne waa below the
n< Arkrinaas—The weather was .unseasonably
warm. The rainfall was deficient over the
entire state. Rain would be t>cneflc!nl In
most counties. There wna much sunshine.
- Tenneasee-The weather was unseasona
lily warm, the mean temperature MBf
nliout 6 degrees above the normal, with
freonent shower* In the middle and eastern
counties *nd generally light rainfall in the
western counties. Heavy local ralna oc
curred lu the middle count!e#.-*Olbert A
Clay.
ATLANTA MARKETS.
FRUIT8 AND PRODUCE.
Offlrlallr correctwi by Atlanta Pratt and
Pranure .
1081.74.
MnaSSla.'^traiahfi n*» bna«h, SI.
'CALIFORNIA^ MtUIT-ranry atte.i
B ioarta praohn. p»r boa, MJ0.
onntain Ilnrtl.lt pram. p»r box, S3.*.
flrou plum*, per entr, tt
Colnmhlan prunrt. p.r .rat., p.
Bbrs MalrolS.'ira'pre n.r oral., 72.54
SPOwWswas
r.kln, *«: poddl.-J5837H..
Mod hens, ner posod, 12013c.
23c.
ixiund, 2092215.; root
pound; In one-pound
trerthw. ,, , rn .tat.a la ntlmato
200,000,000 buah.la, Inolndlna
bre-d wheat and 45.000,000 b
Vanduren and llarrfnatou m
mat.. Th.x say whnit was Injnrwt by tb.
pxtr.m* hot WMtbor In July and that 4lnc,
harrr.t train In th« abiH-k In aoatb.ru and
rrntral Mlnnnota and South Dakota baa
troublt. They retlmata _.
xreln to b* markctwl la tb. thrao north-
w.sttrn atat.i has bren reduead 6 p*r coat
on tbo anfarorabl. wrath.r.
ttnlre of .tab wb.at In CT
w.r. 50,000 hiretiPla. of corn
aud of oata 175,000 bu.h.1.
Mlnafapolli sold 140,000 buah.la oata to tb.
Eaat.
WARE A LF.LAND'S
DAILY COTTON LETTER.
Now Orleans. Sept. 25^-Tho cotton
market continued narrow today. One
of the wont weather mape posted thla
season failed to move prlcee much, and
after the openlnc the market ransed
over only 4 points, In aplte of a atorm
warning from Ihe government to the
efTect that a tropical atorm In the Quit
of Mexico wae likely to move north
and do aome damage In the cotton belt.
Another atorm wae also headed to the
cotton belt to the northweat, but thla
did not ecare Ihe shorts much either.
Much rain was shown on the weather
map, especially |n Texas, and the fore
cast promlaed more moisture over a
large portion of the belt. Even the
bean had to acknowledge that the
weather waa unfavorable, but this did
not help prices much. Liverpool waa
Indlntd to be bullish, and sent, over
private dispatches saying that spin-
nan wen getting uneasy and wen
more Inclined to buy. At the same
time futures wen better than expected.
Thla, together with the bad map.
caused a higher opening here, but after
the opening the market fell flat. The
weekly weather reports, a* usual, were
no Influence. Movements were on a
large scale. Porte, 47,153 for today,
and operston were more Inclined to
else up the movement and the demand
for the actual stuff than the weather.
There wae nothing vary strong about
the spot demand, and, on the whole,
buyer* appeared disposed to hold off.
If wet weather continues for a couple
of days longer, aa some weather ex
perts claim It will, shorts will undoubt
edly get nervous, as reports of damage
to the open cotton and the stopping
of picking will roll In great numbers.
It Is a weather market and therefore
an uncertain one. For Ihe moment the
short side looks rather dangerous, ex
cept to those with long purses.
September. ,
Sept.-oet...
Oct .*Nov. , .
Nov.-Dee. . .
Pec.-Jan. . .
Jan.-F«h. . . .
Keb. Morth. . .
Mareh-Aprll. .
Aprll-May. . . .
Jfay-June. . .
Close! steady.
Opening Previous
lUnae. Close. Close.
8.10 *5.16 5.1744 5.13
.6.01 -5.03 6.04
..6.04 4.0444 5.04
.4.06 -6.0H44 5.04
NEW ORLEANS.
Th« following
i
§
S
1
3 •
2a
1
c
a
g^FTTTT
Nov
1>i*
Jan
Fob
March. . . .
9.6
9.07
'alii
9.24
9.60
9.28
:».!:•
'»!i7
Ml
‘a.io
9.61
9.23
9.07
9.2.1
f.ai
9.60
9.23
9M
all
—4
'9!^
9.61
9.2t
9.09-10
9.12-14
9.J6.16
9.i-26
9.32-33
9.8849
9.51-63
W"
9.01*02
9.04-07
9.07*08
9.17*18
9.23-25
9.81-82
9.46*46
WHEAT WAS DULL
ATJHE OPENING
Buying by the Northwest
Caused an Advance in
First Hour.
Chicago, Sent. 25.—Tbo wb*at hoars were
happy lot. /hat market closing WJ’v* low
r for the day on sclllap h / « a roar many
cattnriug holders.
< orn was him. closing higher.
hl°h#»r be d °P well, too, Dotting
froviaiona unsettled.
Primary receipts of wheat 1,382,000 hut
ri* and corn 728.000 bushels, against
483,000 and 180,000 bushels, respectively.
sji.vuv on
of oat*.
Cash sates here were 17,000 bushel*
wheat, 60j000 bushels of corn and 800,0
vsiivssi, OW.WW VII
bimliola of tint*.
The aeabeard r ,
7 load, corn and
CHICAGO GRAIN MARKET.
. Chicago grain am. piorlnon quotation,
for today follow:
Prevlon,
WHEAT 0 *** - Hlfh- Bof- Close. CIom.
war*,
4*4X1
Bept....
May....
c/ATH—
Bept....
Doe
May
PORK—
Bept.. 16.87H 17.00 16.96
Jan... 13.86 13.87Vk 18.10
LARD—
Bept.. 8.96 b.86
Oct... 8.86 1.96
hwJ?* '■*
Bept.. 8.175% 9.37%
Oct... 8.47% 8.47%
Jan.... 7.12%. 7.16
t'ABR W
No. 2 red ...
2 bard winter i
8“
OS
8 I
m
4.9244
5.90
7.4244
9.39 -
1.40
7.1244
4.9244
4.30
7.8244
4.19
ffw
7&P*
Vd
7.1244
LIVERPOOL GRAIN MARKET.
Ulxh.r.
1'urn-Op.nrd 44c lower; at 1:90 p. m.,
!lc lower; closed unchanged to 44c lower.
CHICAGO CAR LOTS.
table.
lug. per pound,
lloney^aew.
"mi ETABLBI4—lrloh poUtoe*.
"cabbog* Tvhfiaja . 144c pound: Danlih.
'• C. ALABAMA ST.
GIBERT & CLAY
• TOCNli
bonds.
COTTON, CRAIN,
coerce, provision*
ATLANTA. OA.
Private Wires to ell Exchen^a.
Local and Lang Dlitanoe Taltphona 6298.
W. 11. FAGAN. Manaoan
ALONZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building. Bell Phone. Main 858.
ATLANTA. GEORGIA. .
'Ylina beans per pound, 4c; Navy, 42.10 par
bushel.
FLOUR, GRAIN. PROVISIONS.
v FLOUR—PoeteTa patent. 86.60; DU mood
patent, IS.25; Mascoutab Btnr, 84.70: fancy
patent. $4.60; Beil Eagle. $1.15; Blue illhuoa.
fe.90; fancy, 13.90; spring wheat potent, $6.0?
CORN—Choice red cob, 72c; No. 2 white,
70r; No. 2 yellow, 60e; mixed. 68c.
OATS—Choke white clipped, 48c; choice
white, 67c; choice mixed, 46c; Texas rust*
PJ MEAL^*Plaln wster-ground. ney bushel
67c; bolted. 140-pound Jute# per bushel, 63c;
Hborto, white, $1.60: medium. $1.40: brown,
Wheat..
Corn.. ..
Oata.. ..
Hogs.. ..
Today. Totnor.
77} 592
2tf 194
14040 29000
RECEIPTS LIGHTER
THAN EXPECTED
New York, Sept. 25—The Bun sny»:
"In n emnll professional mnrket It wna
nn ensy matter to force prices down
here and In Liverpool, and It was done.
There was considerable talk about nji
Increase In the receipts. Thut Liver-
pool prices were depressed, partly from
this side. Is a fact admitted In private
dispatches. Yet It Is quite as true that
the spinning demand In Liverpool
shows a distinct falling off and there,
as well ns here, Is a general expecta
tion that In the near future something
will occur that always occurs about
October 1, as regularly as the autumn
season arrives—receipts will Increase.
That Is admitted. The question Is, how
t * ley Increase nnd how long
will they Increase If prices decline
Already there arc signs that the South
ern planter Is becoming restive under
the recent decline of $lo a bale and
Is disposed to hold back cotton. The
actual crop movement at the present
time fa small, whether because of the
lateness of the season,nhe holding back
of the crop, or some sluggishness In
the demand, English spinners' opin
ions differ. What $s certain is that
cotton Is not coming forward as freely
as expected, and there are those who
predict that It will not until prices take
an upward turn.”—Glbert & Clay.
New Orleans, Bept. 25.—Tlmen-Dem-
ocrat: “With the supply of actual cot
ton Increasing without full correspond
ing Increase In current demand, surface
speculators have become active oper
ators on the bear side of the account,
and holding the market, therefore,
proved an uneasy task yesterday, not
withstanding the approach of a de
structive atorm on the cotton belt coast
and forecasted ralna. over many sec
tions of the Southern states. Hulls can
coin capital out of wet weather when
the fields are covered with open cot
ton, but bears have ancient custom,
freer offerings from Texas, and n ralh.
er positive waiting policy on the part
of spinners which they are able to
bring Into play aa an offset to the an
ticipated bullish tenor of the coming
bureau condition report. Consequently
room argument has broadened out
somewhat and extreme low price views
are again being voiced. Good policy,
however, would seem to prompt conser
vative fluctuations until after the bu
reau shall have been disposed of unless
developments In the Interim prove of a
potential character,"—Ware A Leland.
: he can not defer matter, much
-.tere la Imlll.h talk on Southern
I’neiflc, Louisville and N'nxhrllle, t'enuayl-
vnnln »ud Norfolk, while Ihe Gould ear
equipment, ant I a few other minor index,
trluls, Ineliidlnx Ilnlekerltocber lee, may
be adraneed. Relieve the tr in Mil a pe.f,
lion Is still the heat one. 111 t would only
'nil the good .tool:, when they shew de-
-Ided wenltnoa*.
While Hecretnry Shaw la being looked lo
aa Ihe only power that can avert ealnmlty,
tbouxb we believe he should and will take
aome mraaures whereby Ihe money of the
peo|ilo which tin* lieen piling up In gor.
eminent eortera, may lie put out ngaln for
u.e In the ordinary roiiree of hualucu, we
ore Itiellned to think that much of the
present monetary stringency la fletltlou*.
Southern Pnelfle Is illacnttnllng newe of
any aott. nnd will advance well nbove par.
while intteli higher prteea will l>e obtained
by Union I'adflc, St. I*ndl. Baltimore nail
Ohio nnd Heading liy reason of ifarrlman
activities. The Anacondn dividend today
should he followed hy ronalderable Imo
meat In the c'optiera. while the lllll and
‘ ' wllli
_—- . __pera, while the
Steel atoeka will continue to be abaorlied
lew of the ore deel. Canadian rnelOe,
I-oulavllle nnd Naihvllle and Pennsylvania
should he bought nn all weak spots. Dis
appointment over the failure of Secretary
Shaw to make any anonnrement will likely
Induce further Iteer attacks today, but thla
may afford a good opportunity for
Ing stocks.
Dow-Jones nummary: American
stocks In London dull nbout parity.
Governor Higgins declined renotnlna.
tlou.
Both Republican and Democratic
conventions meet today with question*
of candidates still open on both sides.
Northern Pacific equity In Burling
ton estimated at 450,000,000.
Pittsburg reports large orders for Iron
and steel taken for flret half of next
year.
Light demand for stock In loan
crowd.
Rock Inland surplus over charges and
taxes equal to 9.04 per cent on capital
stock.
Nashville and Chattanooga earning!
laat year equal to 9.63 per cent on
capital stock.
Secretary Bhaw will act on money
situation aa soon aa he feels convinced
of the necessity.
Total gold angagements against de
posits 413,065,000, of which 420,945,000
Is still to arrive.
Twelve Industrials advanced .44 per
cent.
Twenty active railroads advanced .44
per cent.
Private Wire to Glliert A Clay.
Naw York, Beptriulx-r 26.—Marshall, Spa
der A Co.: Today's trading reflect* Ihe
lflrmt
•Itastl— . ___
short Interest.. A further
BUSINESS SMALL
IN GENERAL LIST
Outside of Few Issues There
Were Few Price
Movements.
LONDON WAS STRONG
Brooklyn Rapid Transit
Was the Weak Spot at
the Opening.
Sew Tork, Bept. 25.—Fractional advances
.ccttrred fa a f —*—
ket today, not!
•rlrania, Texas
Cor
;opper. while some ahan
want on In Anaconda
It ‘
and Ainnlff;i
rner apiiHtauw
— — the expectation
of an Increase lu the dlrldend thin after
noon .n Rending nvi ('•in.KlIan Pacific.
The last-named *tock, without any t-xrhn-
atlon, sold at the hlgh'-st figures It hu*
rer reached. Elsewhere the opening
rices showed alight declines, and baforo
MM— _
the end of the flrat hour the
weakness In the local traction shares i-«*.
R n to weight down the entire market.
ice* recoiled pretty sharply over the
ground gained yesterday afternoon. Rut
there wae no heavy selllnfr, and ns usual
at the lower levels, what pressure thero
was, almost ceased
Ouslneas In the stock markst was small
In volume In the feneral list, and outride
of a few Issues there was few price
movements worth notlnr. London uae
strons all around, and nought about 15,-
000 shares here.
Uovermneats unchanged.
Other i
steady.
LONDON 8T0CK MARKET.
THE PRIMARY MOVEMENT.
The following figures give the primary
movement of wheat anil corn:
Wheat—Receipt* today, 1,392,000 bushels,
against .1.493,000 bushels last year; ship
ments today 876.000 husbola, against C\v
000 bnshels bist year.
Corn—Receipts today 729,000 bushels.
against 5so,ooo bushels last yer *-* -
today 664,000 bushels, against
els last year. *
NORTHWEST CAR8.
The following figures give the northwest
* • IggJ fwk an( J IggJ
'*« ‘
T %t
Last Last
j. Week. Year.
SOUTHERN EXCHANGE
Oldest Established Office South.
COTTON—STOCKS BONDS—GRAIN
around Floor Gould Building. Dally
markst letter and market manual
mailed on application.
Is, however, quite possible.
n.ttilel ndel! & Co.: Unless the secretnr
of the treasury deposits a large amount I
national linuka at an early date, we d..
not see bow we can have a bull markst
‘ r conditions.
that $36,000.1
‘ g has n .
i on bulgea
-re., rere reJtll n
barring a few specialties.
operations since Friday.
L. J. ANDERSON A CO.’S
DAILY COTTON LETTER.
New York, Bept. 28.—The bears turned
this morning and bought In their shorts,
also went long for a turn. Bnlnners also
were good buyers, and prices advanced JfH
*nta on the or — ‘ “
wkeak as ax|
to 1
down whereas It waa due 8 down.
been cloudy
tloa
cool
and cool. — ... —
rains have been general. The spot mar*
keta continue steady wltk a light move
ment, and a disposition nn tha ytrt_ of
holders to wait for lietter prices.
Tax*
LimgiiD I'Rcinc... . . .
Chic., Mil. and 8t. Paul...
Jlllnoia'Central. .**..*'
Lnulsrllle and Nashville. .
Unk_
United States Steel.
do. preferred. . . - -
WEATHER IN COTTON BELT.
Texas—Greenville, been raining sine
the weak spots for short profits.
THE SUGAR MARKET.
_..w York, Bept. tf.—Local refined
markets steady and unchanged. 1
beet market quiet; 8epteml»er 8s M; Octo
ber 9s 6d.
THE DRY GOODS MARKET.
-ew York, flvpt. 2b.—The dry gnnde mar
ket npeaefl quiet and Arm. Weather con
dition* were regarded aa haring an tin-
uaually proapernna .Seel an the trade. The
drew good* market remtlnned In
healthy condition, th* cotton goods market
waa eapadaly atrong la Ihe bleechei'
dlrlalon, and In single fllllng ducks.
udlly.
gootl.
Vrlnt
2 o'clock and still raining, and Cisco
and Colorado cloudy and cool. Sulphur
Springe, raining; light rain laat night.
Mekal, cloudy and pledkant Abilene,
Dublin and IIIco, cloudy and cool.
Sweetwater, light rain laat night.
Alabama—Salma, claar and cool.
Montgomery and Opallka, cloudy nnd
pleasant. Mobile, partly cloudy nnd
iol. Troy, cloudy and cool.
WEATHER IN WHEAT BELT.
Extreme Northweat—Partly cloudy:
22 to 52 above.
Northweat—Partly cloudy, 45 to 62
above; local rain* In Minnesota nnd
North Dakota.
Weil and Southwest—Generally
dear: 54 to 44 abov*.
Oblo Valley—Fair to clear: 64 to 63
above.
WEATHER FORECAST.
Louisiana. East Taxaa, Mlaalaslppl.
Alabama and Went Florida—Rain on
Tuesday and Wednesday, fresh north-
rant to east winds.
Georgia—Rain Tuesday and Wednes
day, Increasing wind*.
East Florida—Rain Tuesday and
Wednesday, high east to southeast
winds. t
Arkansas—Fair Tuesday and Wed
nesday showers.
West Texaa—Fair Tuesday and Wed
nesday, except ahower* and cooler
Wednesday In north portion.
THE COFFEE MARKET.
New York, Wept. 3,-The mark,: opened
at nn advance of Sli 10 polnta, nnd rul.-d
strong during (lie pnrly evasion on cover
ing nf shorls and bull support, nrlih pric.a
at midday ahoat 20 points not higher. Iiual-
neaa was fairly active, but was r,«(rl, t.-l
fo some cslent by the llcht nff.-rim.-.
sales to midday living slmut i„,c-
The advance wan rius to the prltlti' va-
Idea reporting that the Breatlttn ifovi'rn*
uu»nt hsil IssqcnI the tmtb-r apphinc th.*
rata the naw surtax whlrh will tnki* «*f.
f*ft In sixty days from the. date of no
tice.—filbert k C'lajr.
Opening
nance. Close.
January .. 146-6.50
February 166
March
iffy.-.:..:: v. •;
i:r;.v:
August
September.. ..
Oetol»cr
November
In*eeml*er
t’|oac«l firm.
mt
L. J. ANDERSON & CO
Bankers and Brokers,
GOHON, STOCKS, GRAIN
Correspondent’s Capital $250,000
REFCRCNCK. THE NEAL DANK
PHONE 14IT. PRUDENTIAL DLDG
ilsed. 81.00; do.» No. 2 mover mixed.
|i.on.
f LOVER—Choice Bermuda. 75e.
RYK—Georgia, $1.10; Tenneuee. 90c. Bar
ley. 96e.
the above prices are f. o. b.
subject to Immedlitj^weyrti
SUGAR—SUndnrd granulatMi, «.jo. Naw
York refined, 4%c; plantations, 6c. Market
Hoaated Arbuckle'a 916.50.
bulk. In bags o» barrels, i3c; green, 100
RICE—Carolina 4H07%^. arrordlnt te
grii'li* New crop will arrive In two weeks.
CIIEEHR—Fancy full cream dairy, J5c;
vine. 14V** Market strong.
PROVISIONS—Hunreme toms, lie.
bntna. I5%c.
twin*. 14%'*. Market atroni
YIHIONB—Hnnreme I
15%c. Callfomln ham*. $9.00; Rml
Juiuta. 16c. Ii
belllea. 204 lbs.. $10.
|c; Supreme lard.
Prift
rai Ire Orfeaes. <
cxtttonVg^i^, ^rovisionsStocks^bonds,
No. 2 Wall St., Ptten Btlldlag, Atlanta, Ca.
HtWBiKS:
Men firt Coffee laehaag*. Chicago Beard ef Trail.
Man Or It a ft Cotton hduiff. CkUajo Slock fithifi,
Uvereeef Coffee Atsedatle*. Mew reek Coffee Cxtkaeee.
rrirate Wires /# Men York, Hew Orltaas, ChUage. B. C COT Hi AS, MaTaetr.
Ull Pboat 1262. mitaaiari Phone 2
HUBBARD BROS & CO •> Sts
Atlanta Offices, 219-221 Century Building.
Members New York Cotton Exchinge, 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 Distance J9. A.S. Hustere. Mgr.
WM. L PEC!- rrreldant.
ROBERT P. MADDOX. Vice Presldvai
MADDOX-R UCKER BANKING COMPANY.
CAPITAL . * • $200,000.00
SURPLUS AND PROFITS . . $500,000.00
Accounts, small as weiL as large, invited.
3 1-2 per cent interest paid and compounded semi-
annually in our Savings Department.
Safe Deposit Boxes
For rent in our vaults in ibe basement of the
Empire (Building for only $5.00 each per
annum.
Absolute Security and all Modem Conveniences
You should not be without one. IVe invite
you to call and inspect them.
Title Guarantee and Trust Co.
ATLANTA NATIONAL BANK
ATLANTA, GA
C. E. CURRIER, President. A. E. THORNTON, Vlc*-PreaM. n .
H. T. INMAN, Vice-President. GEO. R. DONOVAN, Ca.hlVv
JAMES 8. FLOYD, Asa't Cashier.
Capital $500,000.00
Surplus and Undivided Profits $500,000.00
We Solicit Your Patronage.