The Atlanta Georgian. (Atlanta, GA.) 1906-1907, September 26, 1906, Image 11

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THE ATLANTA GEORGIAN. 11 1ST 11 OPENING Feared the Gulf Storm Will Damage Cotton in the Fields. NEWS AND GOSSIP Of the Fleecy Staple. RECEIPTS INCREASING For the First Time This Sea son Day’s Ahead of Last Year. New York, Sept. 25.—The cotton market opened steady up 4 to 6 point*, Traders displayed considerable ner vousness over the suit 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 feeling than for the past two weeks. Liverpool led off with prices hither th due. which was reflected ‘In both N< York and hew Orleans In advances of _ few points, the betterment being Increased ionic 3$5 points during the early trad ing. The early strength aae due to general ruins in the belt, with prediction* for more tomorrow. Following are tho active months In Liver pool today: Open. High. Low, Oetolier-November. . . .4.9614 5.00 4.96' Jummry-Fehrtinry. . . .4.97 6.01 4.96 1 JlnrrhAprll 6.01 6.(6 5.00< May-June 6.06 6.0S 6.04',. Terns reports hsavy rainfall) In sections, 1.20 Inches having fallen In Dublin; Cirsl- coil* 1.12; Fort Worth 1.70; Houston 3.04; Palestine 1.11. Iieeelpts are picking np, and for the flrst time this season show an Increase over the same day last year, at 67,153, against *13.017 last rear. As compared with 1904, the 1MJ0.00O year, the showing la not fs vornble. receipt* for this day In that sen- son aggregating 102,472 halca. Comparative receipt* at all United States Decrease.. .. Total receipts for thrCh days.. . Same days last year Deeres**.... Total receipt* since September 1.. Same time lait year.; Decrease Estimated receipts' tomorrow: 1906. « 1906. New Orleans 6.600 to fl,|M 2.997 (lalveaton 16,000 to 11,000 16,906 Houston.... „ 1JJOO to 11.400 11.706 In the late trading most of the early ad vance was lost, the marhet closing steady with the active month* bet 4 To 6 points higher. SPOT COTTON MARKET. Liverpool, spot cotton quiet and steady; middling upland! 6.60d: sales 6.000; Ameri can 6,MO; speculation and esport 600; re ceipts none. Atlanta, quiet at Pt-lOc. New York, quiet at 9.60c. Now Orlean - ‘ delivered on _ Augusta, quiet nt 9*4c. Havnunab, quiet at 9c. St. Loots, quiet at Bfcc. Wilmington, steady at 9c. Houston, easy at Hie. Boston, quiet tt t.66e. & h ^.* , n < ^Tn;. , 5r»t4c. Uatreston, rteadjr at 9 7-llL. Norfolks steady at 9%o. Charleston, quiet at 9c. l>r vA ,e v V, t? *2 4 f-alaud. oticii.^i I, ur jf 8 ** > . t ^—Liverpool futures ni uwite n ' 1 ' 1 ""TOnngcl. At 12:16 d. nr. HQ1H down anil Heady. Sales 0,. 2?- K. eon?. L rutares were T£ s C ? me . M 2Vk down. m,\VL rk u t •• dnl!. but steady. It Is hard to more It out of Its rut, but It will cet n more mi If threatened storms hit tb«f belt. * 11 deumnd ami supply, with *®**Mn«l to ask an mlvauee of M6c. n.Vr nt ? r * & Co.: ‘•Opinions as to tbls crop, the out-turn compared with .. crop, the out-turn compared with tbeprospectlre world's general require* " ft of the trade on the course of the * *" vldely luents. •» the Ituatlou, aud market far the near future. ...» different, and each side strongly, contends JJ? Position, so that while we feel de cidedly bearish and look for gradual do* cllne to much lower prices, we realise that It will not be a runaway or ont-slded affair, but that the decline will be strong ly contested. New Orleans, Sept. 26,-Cnbles are vornble, and early reports Indicate rather unfavorable weather, while the prospecta ?i’ t * lMl| l weather In the next two or 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 hai notified th* cotton exchange that the ntfitt wf, condition report* will prolmbiy in 12 o'clock our time on October Private Wire to Glbert & Clay. New York, Sept. 25.—Liverpool cablet. •'Market steady; South dearer and not of fering so freely this morning. Spinners arc nervous and buying rather more freely. The market feels the Influence of reported rains doing harm.*' The Journal of Commerce aara: “There an more activity In the jobldni than on the lost days of fsat w thu commission houses reported a contin uance of the steady demand for quick goods that hns characterized the trade for wo months or more. The price sltustlc** In cotton goods Is one of supnly and d msnd. Goods that are wanted are scarce and high; those that are not wanted nro not Ann, although they are not In any largo accumulation In flrst hands.’’ New Orleans. Sept. 25.-Our market steady, but extremely narrow. Boiue few shorts are covering on the Imd weather. Our traveling rwweaentatlve wires from Oklahoma City: “if weather good for next two weeks, receipts will !>e enormous from '*-* - - — Weather 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 recognized hu* thorlty In hla specialty. RANGE OF NEW YORK STOCKS AND .COTTON MARKETS NAME OP STOCK. Amalgamated Cop * 'anil, ~ - y this section; opening fast now. not promising; partly cloudy.” Touay’a map Is unfavorable. Heavy rains have occurred In altnont nil sections of the l»elt. and weather conditions are generally loudy. A dispatch from Fair weather continued __ week, and cotton gathering hn* been go ing on In fnll blnat, although .there I* a scarcity of pickers. The fair weather has hud n tendency to make the cotton oner ery fast, and fields ail over the sectloj >ok as though no cottou hr.d been plcki.d. The weekly weather report has exerted no Influence upon the market. The tem peratures have general!/ been above the normal, while the rainfall Is evenly db tr 8tSrm‘ warning; Center of dlsturbanc In southeastern gulf, and will probably more northward. Dangerous for vessels In middle and east gulf and on^ Florida coast next two days. TODAY’S PORT RECEIPTS. ^ The following table shows receipts at tba 1209 1906 NVtv Orleans (ini vp# ton Mobil#. Snvnnnnh i Imilvhton Wilmington Norfolk . Boston Ihllmbdphl# JarkKotiflU# 2079 , 15764 1052 1180 2046 26543 1148 16407 19*2 83- 00 56 100 Total . 67153 69017 INTERIOR MOVEMENT. The following wtm> shows receipts at tho Interior towns todny, compared with the anuie day last year: 1206 1906 lintiftton . . Augusta Mrmphi# St. IsOUlfl. ....... ( InrliiRAtl. ...... 33049 817 346 1742 26 28.173 4577 417 £ Total. . 28871 9)383 GOV’T WEEKLY WEATHER REPORT Washington, Se^l. 2S.-W**kly report by *T*xaa-th» week was generally faroralile for Held work. The rainfall wa. *r*ttcred and iKdnw the normal except In El Paso and McI*ennon counties and over a limited area from Caldwell to Montgomery coun ties. when? It exceeded the normal. A larg# number of counties received no rain, the temperatures averaged from 1 to * degrees above the normal, except In the northwest ern and numerous western counties and In the southwestern coast, where It was nearly ” Oklahoma -Indian Terri torjr-The mean temperature was slightly fell liTTha 'north central and western por tion on the 17th and 18th. . North Carolina—The week was rpronrka^ hie for the high mean temperatura. which was 7 degraea above the nonnal. The rain fall areraged much above the normal, but was unevenly distributed. Considerable dam age by high winds was reported. noiith Carolina—A damaging storm cross* ed the state on the 17th accompanied by general rain. The extreme northwestern counties received the heaviest rainfall, while the eastern portion suffered most from the wind. The mean temperature woa nl»ore normal. GIBERT A CLAY'S DAILY f? „__ COTTON LETTER New Orleans, Bept. 25,~ln Liverpool op- lions ruled steady nml slightly higher on reported damage by rains throughout the ration belt. Closing prices were a point higher than the previous day a levels, while ■pots continue quiet with sales amounting to rt.MO bales at on advance of I points. A* the relative weakness of the spot slt- uutlmi was the guiding Influence In affect ing prices yesterday, today’s market was governed almost entirely by the unfaTorn- oIi*u*-ks of the weather. From one end of the licit to the other copious rains have - further delay (■lieu nnd In consequence a further delay In picking has occurred. The storm that yesterday was reported off Cuba lins worked Its way today Into tho gulf and Is now mov. ing rapidly Z—-- cxpceti pblly northward. "Further heavy rains li; lint If no serious damage Is prolmbiy i»e only temporary. f>'o much cot- ten. however, remains unpicked In the Held* gbit clear weather Is essential to make dou* |ly bountiful prospecta, nnd the advent of ny unfavorable clrcnmstnnccs that would P"*roy Htteh promises would doubtless find full reflection In market prices through •*e driving to cover of n greater portion or !e- iv-ognlged large short Interest. COTTON SEED OIL. r. ... ...‘SB Nm ember, bfiomber. , the rest nf the week being fair. The mean temperature wa* from 1 to 6 degree, aliore the normal. The rainfall wn* nlmvn Ih* normal In the northern eonntle*. totally ex- eesslv* rains occurring from the 18th to 21st iu the southern half. -The rainfall was be low the normal, none oeeurrln* at a few southweatern stations. , „ Alabama—The temperature ami rainfall were above the normal, frequent scattered thunder storraa oeeurrln* In the middle counties, attended nt times by excessive pfoelpltntlon. Mississippi—The flrst two days were clear, the remainder of the week being partly cloudy to clear, with frequent showers, rains being heavy In the southeastern and in n few middle and eastern counties nnd light In the western counties. The mesr temperature was from 4 to 6 above the linnnal. Louisiana—The mean temperatura was above the normal, the eseeas varying from 6 degrees In the southern parishes to 6 de- 'reei* In the northern parishes. Showers ocurred every day. I-sing qnlte'generul dur- lug the latter part nf the week and heavy In the southeastern portions. Elsewhera the rainfall generally amounted to leas than H an Inch. The sunahtne waa below the ” Arkwnsas-The weather wa* unseasonably warm. The rainfall was deflelent over the entire slste. lb,In would In* beneflelnl In most counties. There was mueh sunahlne. Tennessee-The weather waa unausona. lily warm, the mean temperature lielns about 6 degrees above the normal, with frequent show*™ In the middle and eaatern counties and generally light rainfall In the western counties. Heavy ioeal rains oe* rune,! In the middle counties.—Glbert A Clay. ATLANTA MARKETS. FRUITS AND PRODUCE. Officially correctcu by Atlanta Fruit and Pineapples. 61.504J1W. Bananas, straights, per hunch, IL60OL76. Culls, per bunch, ll.Wwl.55. CALI FIRM A r etlllT—Fancy stock: Kinartu poaches, per l»ox, tl.M. Mountain Bartlett pears, per box, S3.S. Gross plums, per crate, 12. . Columbian prunes, per crate, 12. POCLTKlf JIN I >‘ ! COI; NTlt Y PRODUCE- Llve hen,. 26037lie; frle«, ZHftZc: broil- ’Tlretofti'. Pekin. 26c: puddle. 26027HC. Dressed hens, per pound, 120«c. Eggs, per dozen. 23c. Butter, table, ner pound, 50®22V4c, cook- Atiuntlc Coast L/ne. .. American Sugar Uef. Anaconda American Locomotive.. . do, preferred. . . . Amer. Hmeltlug Uef. • Atcblsou . . do. preferred. . . * American Cotton OH. * Amer, car Foundry. .. Baltimore A Ohio. . .. Brooklyn Itapld Tran.. pfftABUSwri.-. Chesapeake A Ohio. . . Colorado Fuel A Iron.. Central Leather do, preferred. . . . Chjc. A Great West'o. Chic.. Mil. A St. 1». . . I^fbtware A Hudson. .. Distiller s Securities... do*'praferreii.* . Clenarnl Electric. Illinois Central Amer. ice Securities., Louisville A Nashville.. , Mexican Central Missouri Pacific Total stock sales today 1,131.700 sharesT NEW YORK. The following la the range In cotton fn* tnres In New York today: Oct. . . Nov. . . Dec. . . Jsn. . . Feb. . . March. ; May.. Closed steady. imi 1.79*71 8.92-93 9.09-17 9.17-18 9.54-26 9.32-33 9.43-44 me 9.79-71 S.W-87 9.04-06 9.12-19 9.19-21 9.28-29 9.39-40 LIVERPOOL, The following table gives the opening cfoee* and close, compared with yesterday's Futures opened easier. Opening September. . Sept.-Oct... , Oct.-Nov. , Nov.-Dec. . Dec.-Jan. . Jsn.-Feb. . , Feb.-March. . Mnrch-Aprll. itance. C ...5.10 -5.16 ...6.00 -6.02 4.95H-4.97 . .. .4.97 -4.98U . . .4.99 -5.00(4 - NOTES ON GRAIN Pointers on Provisions. Private Wire to Ware A Leland. ( hint go, Sept. 25.—Offerings In our continue light and local bulls will probu.,., bid the market up today. Leask says there Is no apparent demand for wheat this morning, and It looks as though some of those long good lines, afraid or the othfer fellow, will start flrst nnd sell out. Notice several of the longs ore watching the mar ket very closely. Twitty ssya oat» are very tame. Borne buying of Decemi»er by Bartlett, Frasier A Carrington, and Ilumney about the best buyer of May. Selling by commission houses. Wheat acting heavy, and the crowd will have It for aaTe If It dips any more. Provisions steady to n shade lower. Buy ing of January and October lard by commis sion houses. Cotnmlflslon houses buying January ribs. Little better trade. Market •teady. Chicago Inter-Ocean: The wheat crop of 'toree northwastern statea la estimated at ! 100,000,000 baabels, Including 155,000,000 of •read wheat and 45,000,000 bnahala durum. Vandusen and Harrington make this esti mate. They say wheat waa Injured by th< extreme hot weather In July and that alncc, harvest grain In the shock In southern and central Minnesota and South Dakota has suffered from the weather. The northwent- en» sections are suffering from the same trouble. They estimate that tho amount of grain to be marketed In the tbreo north- eetern states has been reduced 6 per ccut ii the unfavorable weather. Sales of cash wheat In Chicago Monday were 10,000 bushels, of corn 80,000 bushels, and of oats 175,000 bushels Minneapolis sold 140,000 bushels oats to the Fast. ^VEGETAR LBS—Irish potatoes, No- l ■r.USW.&TtH. pot**; Danish. GIBERT & CLAY STOCK*. BONOS, r. COTTON. GRAIN. r corrcc. provisions ATLANTA. OA. S-w York [•» York *-♦» York Privsl# wires to all Exchanges. Local and Long Dlfittno# Ttltphont 529a* R. FAGAN. Mananai% ALONZO RICHARDSON & CO. PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone, Main 858. ATLANTA, GEORGIA WARE A LF.LAND'S DAILY COTTON LETTER. New Orleans, Sept. 25.—The cotton market continued narrow today. One of the worst weather maps posted title eeason failed to move prices much, and after the openln* the market ranged over only 4 points, In spite of a storm warning from'the government to the effect that a tropical storm In the Gulf of Mexico was likely to move north and do some damage In the cotton belt. Another storm wae also headed to the cotton belt to the northwest’, but this did not scare the shorts much either. Much rain was shown on tho weather map, especially In Texas, and the fore cast promised more moisture over a large portion of the belt. Even the bears had to acknowledge that the weather was unfavorable, but this did not help prices much. Liverpool wae Inclined to be bullish, and aent over prlvato dispatches saying that spin nere were getting uneasy and were more Inclined to buy. At the same time futures were bettor than"expected. This, together with the bad map, caused a higher opening here, but after the opening the market fell flat. The weekly weather reports, as ueual, were no Influence. Movements were on i large scale. Ports, 67,162 for today, and operators were more Inclined to else up the movement and the demand for the actual stuff than the weather. There was nothing very strong about the spot demand, and, on the whole, buyers appeared disposed to hold off. If wet weather continues for a couple of days longer, as 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 on*. For the moment the short side looks rather dangerous, ex cept to those with long purses. steady. NAME OP STOCK. ■V Y., Out. & Western National Lend Northern 1-aelfle. . . New York Central. . Norfolk A Western. . IVunsylrsnls People's (las Pressed Steel Car. . do. preferred. . . Pnclflc Mali ■tending Republic Steel. . . . Rock Island. .... do. preferred. . . United States Rubber do. preferred. . . Southern Pnclflc. . . Southern Railway. . do. preferred. . . , Sloss-Sheffleld. . . . , Ten*. Coal A Iron. . . Texas A Pact lie. . . . , Union Pnclflc United Staten Steel. , do. preferred. . . . Vo.-Csr. Chemical. . . do. preferrod. . . , Western Union Wabash, do. TIPS FLASHED From Wall Street Nciv iork, Hept 25.—Loudon steady: cMOgef light excel;# Anaeukd*: Bnt Is up 3Jk pcluts, nnd sijtnlflcnnt of .in increase In the dividend today. Heutlmeut Is very bullish on Coppers, but more pr less selliuf may appear through tho market generally, us Secretary Shaw has not ns yet taken any steps to relieve the monetary situation, although It Is folly ex pected that lie can not defer matters moeh longer. There Is bullish talk ou Southern FaclAc.' LouUville aud Nashville, Pennsyl vania and Norfolk, while the Gould ear equipments and a few other minor Indus trials. (Deluding Knlekerl>oe‘ lie advanced. Believe the Ion la still the *>est one. Iu my the good a 'Ided weakness. While Secretary Shnw la being looked to as the only power that can avert calamity, though we lielleve he should aud will take some measures whereby the money of the people which hns been piling up In gov ernment coffers, may !>e put out again for use In the ordinary course of bunluess, we mo Inclined to think that much of the prescut monetary stringency Is fictitious. Southern Pnclflc la discounting news of while much higher ndccs will lie obtnl * '* ‘ * * >01 WL--- id today by I’nton Pacific, 8t. Paul. Baltimore and Ohio and Bending by reason of Hsrrlman activities. The Anacnudn dlrldem* Close. Cl6s?. n- 6.17% 6.13 5.04 5.03 WHEAT WHS DULL ATJHE OPENING Buying by the Northwest Caused an Advance in First Hour. n happy lot, .. er for the day on aelllsg by a .great many scattering holders. Corn was Ann, closing %«T4c higher Oats held up well, loti, dosing higher. Provisions unsettled. .Primary receipts of wheat 1,392.000 bush els nud corrt i29.000 bushels, against 1,- 493,000 and 690,000 (umbels, respectively, a year ago. Clears 1.000 bi f oats. Cash salon here were 17,000 hnsbels of wheat, 63,090 bushels of corn and 300,000 bushels of oats. The seaboard reported 3 lo*<1g of wheat, 7 loads corn and 250,000 bushels of oats. CHICAGO GRAIN MARKET. for today follow: Open. High. WHEAT- Sept. DfC„ May COBN- 8ept..„ Dec May.... OATH- = h i I 1 h S 1 £ 1 m. R si 9 I I IOBK- fiept.. 16. mi 17.00 16.96 Jan... 13.* 13.37% 13.90 IsARD— Hept.. 8.95 8.96 8.92% Oct... 8.96 8.96 8.90 Jail.... 7.87% 7.* 7.82% SIDES— Hept.. 9.37' Oct... 8.47' Jsn.... 7.12' < ASH WHEAT— No. 2 rail '44*74%; 2 hard winter i3®78; No. 3 do 70G 2.22* 8.624 3. JO 8 9.20 8.40 7-12% 9.20 8.40 7.12% 9.10 6.50 7.12% TIL Iteann per pound, 6c; Nary, $2.10 per bushel. Onions, per bnshel. 31.23; cabbage, l%c lb. New sweet potatoes, 60c busbcL Kraut, %-barrel, 33.77 FLOUR* GRAIN. PROVISIONS, FLOT7R— Posters patent. 3C.00; VMam._, patent. 36.*; Msscontsh Htar, 34.70: fancy patent. 34.10; Bed Bogle. 34.16; Blue Blboon. 33.90: fancy, 33.90; spring wheat patent, $5.0? CORN—Choice red cob, 72c; No. 2 white, 70c; No. 2 yellow, 69c; mixed. 68c. . OATH—Choice white clipped, 48c; choice white, 67c; choice mixed, 46c; Texas rust proof, 50c. MEAL— Plain water-ground, ney bushel 67c; bolted, 140-pound Jules per bushel. He; Shorts, white, $1.60: medium. 31.40; brown, 31.30; pure bran, 31.10; mixed bran, 31.06. TAY—Timothy, choice large bales, 31.15; un., choice small hales, 31.10: do.. No. 1 timothy bales, 11.06; No. 2. 31.06; do., No. 1, eloevr mixed- 11.00; do.. No. 2 clover mixed, ^rLOVRB—Choice Bermuda, 76c. BYE—Georgia, 31.10; Tennessee,. 90c. Bar ley. 96c. The above prices are f. o. b. Atlanta, and subject to Immejllate^scegrt*noe. ! " tranoldtC'., •• * sntatlous, 5c. Market X % FKE?£-Roo sted Arbuckle’s 316.60, bulk, In bags barrels, :3c; green, 10* CHEESE—Fancy full cream dairy, 15c; twins. 14V. Market strong. ■PROVISIONS—Bapreme hams, 15c. Does lu.in*. I5%c- California . hams. 39.00; Red Cross hams, 16c. hr '* | “ l, ”‘ * bellies. 2T5 lbs., 319.5 LIVERPOOL GRAIN MARKET. »nenr HGfic l higher. Corn— %c lower; closed unchanged to %c lower. Wheat.. Corn.. ., Oats.. . Ilogs.. . CHICAGO CAR LOT8. Today. RECEIPTS LIGHTER THAN EXPECTED New York. Sopt. 25.—The Sun nays "IR a small professional market It was an eaey matter to force prlcee down hero and In Liverpool, and It was done. There wae conelderable talk about an Increase In the recelpta. That Liver pool prices were depressed, partly from this side, Is a fact admitted In private dispatches. Yet It Is quite os true that tho spinning demand In Liverpool shows a distinct falllns off and there, as well as here, la a general expecta tion that In the near future something will occur that always occurs nbout October 1, as regularly as the autumn eeason arrives—receipts will Incrense. That Is admitted. The question Is, h<sv much will they IncrenSe and how loni will they Increase If prices decline Already there are signs that the South em planter Is becoming restive under tho recent decline of 210 a bale nnd Is disposed to hold back cotton. The actual crop movement at the present time Is small, whether because of the lateness of the season, the holding back of the crop, or some sluggishness In the demand, English spinners' opin ions differ, what Is 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. Sept. 25.—'Times-Dem ncrat: "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 beer side of the account, and holding the market, therefore, proved on uneasy task yesterday, not withstanding the approach of a de structive storm on the cotton belt coast and forecasted rains 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 a rath, er positive waiting policy on the part of spinners which they are able to bring Into play as 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 s potential character.”—Ware A Leland. THE PRIMARY MOVEMENT. Tho followlii* figures give the primary movement of when! nnd corn: Whont—Receipts today, 1,393,000 Imsbt'll, against 1.493,«M bushels last year; ship ntents today 875,000 bitaltelt, against 685, Off) bushels last year. Corn—Receipt, todn v 729.000 bushels, sgslnst 590,000 Imsbels last year; shipments today 564.000 bushels, against 714,000 bush els Inst year. N0RTHWE8T CARS. The following Agures give the northwest ars 0/ today, Inst week and Innt year: Mar fast SOUTHERN EXCHANGE Oldest Established Office 8outh. COTTOK SIOWS—BOROS—GRAIN Ground Floor Gould Building. Dally market letter and market manual mailed on application. L. J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, GRAIN Correspondent’s Capital $250,00C RePERENCC, THE NEAL DANK PHONE 1417. PRUDENTIAL OLDG Miw Orltini. cottonVgraw, "frovisionS^tocksPbonds, 2a 2 Wall SI.. P.tira Building. Allaala. 6a. nue to be alisorhed In view nf the ore deni. Canadian Pnclflc. ImulsvIHe nnd Kanhrllle nnd Penniylvanl* •hnuld he Itought nn *11 weak spots. DU- tudnee further hear attacks Inday, but may afford a good opportunity for hull lug itocki. Dow-Jonea summary: American stocks In London dull about parity. Governor Higgins declined renomlnS' tlon. Both Republican and Democratic conventions meet today with questions of candidates still open on both sides. Northern Paotflc equity In Burling ton estimated at 250,000,000. Pittsburg reiyirts large orders for Iron and steel taken for first half of next year. Light demand far stock In loan crowd. Rock Inland surplus over charges and taxes equal to 9.04 per cent on capital stock. Nashville and Chattanooga earnings last year equal to 9.52 per cent on capital stock. Secretary Shaw will act on money situation as soon as he feels convinced of the necessity. Total gold engagements against de posits 223.025,DOO, of which 120,945,000 It still to arrive. Twelve Industrials advanced .42 per cent. Twenty active railroads advanced .34 per cent. Private Wire to Glbert * Clay. New Y'nrk, Septrmlier 25.—-Mur.hull, der A Co.: Today's trailing reflects absence of continuation of the report of the monetary situation, nnd also less ac tive buying lir short Interests. A further advance lu tbe Conner shores, Southern Pnclflc nnd some of tho active npcclnllles Is. however, quite itasnllde. Dnnlel Odell A Co.: L'alese the secretary of the treasury deposits a large amount In national hanks *t an esrly dale, we do not see how wn can hare a hull market f conditions. A that 236.000.000 would he deposited this morning hn» not been confirmed. Would sell them on bulge* only on recessions until n barring a few specialties. New York, * Hept. 31.—Tbe hears turned this morning nnd bought In their shorts, also went long for n turn. Hnlunera also were good buyers, and prices adraneed Mil points on the opening. Liverpool was not as wkssk as expected, showing nochangsd to 1 down whereas It was due 2 down. The weather over the belt has been cloudy and cool, and lu the eastern section cool rains have I wen general. The spot mar kets continue stendy with a light move ment, and n disposition on the part of holders to wait for better prices. In Tss- ns, reports are conflicting, hut th* move- mont from southern portions Indicate that the crop Is early In that section. From other parts of Texas and the lerritnries the crop Is late, bnt now looks sa If the yield will he somewhat larger than last year. Ho far *s we can see It. Ih* present out- look points to a crop of about 11,600,009 iHtlea, and with, anything like an early frost this may lie reduced considerably. Just now It seetus to he liost lo buy on the weak spots for short profits. , THE SUGAR MARKET. New York. Sept. 26.—Local reflnod sugar markets steady and unchanged. London beet market quiet; September f, 9a); Octu- BUSINESS SMALL LUST Outside of Few Issues There Were Few Price Movements. LONDON WAS STRONG Brooklyn Rapid Transit Was the Weak Spot at the Opening. New York. 8ept. 25.—Fractional ailvnncro -ccurreff la a few stock* In the stock mar* ket todaj, notnbly. Son them l*#dflc. I’cnn- ■rlvtnla, Texas Pacific nail Anialc.iiimtcl Copper, while some sharper upl>M<llng went on In Anaconda on the expectation of nn Increase in the dividend thin nftcr* noon .n Kendlnr and Cnpndhin Pnclflc. The !n*t-muned stock, wlthont iny exrl'in* stlon, sold at the tushest Agures It hns erer reached. Elsewhere th«< openln* Ices showed slight declines, nnd Lefom s end of the flrst hour the extreme weakness In the local traction rdinre* l.c *an to weight down the entire market. Prices recoiled pretty sharply over ground gained yesterday afternoon, thera was no h»*ry Ellina, nnd ns nt the lower levels, what pressure intro wns, almost censed Business In the stock mnrket was .small In volume in the general Ust, and outride few Issues there was few price U London wns tought nbout 15,- Other bonds steady. LONDON 8TOCK MARKET. BT0CK8— Atiucondil. Atchison Canadliji Pnclflc -’blc., MU. and 8t. Paul.,. lUnois ntral!*.!*..**. .**..** /oulsvllle nnd Nashville. . leading. , KJ’itifli:. Union Pacific United States 8tftfl. . . . do, profsrrod. . . . .. WEATHER IN COtTON BELT. Texas—Greenville, boon mining since o'clock and still raining, and CIsc > and Colorado cloudy and cool. Sulphur Springs, raining; light rain last night. Moke), cloudy and pleasant. Abilene, Dublin and Hlco, cloudy nnd cool. Sweetwater, light rain last night. Alabama—Solma, clear and cool. Montgomery ond Opelika, cloudy and pleasant. Mobile, partly cloudy and cool. Troy, cloudy and cool. WEATHER IN WHEAT BELT. Extreme Northwest—Partly cloudy; 12 to ti above. Northwest—Partly cloudy; 45 to 62 above; local rains In Minnesota and North Dakota. West and Southwest—Generally clear; 56 to 64 above. Ohio Valley—Fair to clear; 54 to 63 above. WEATHER FORECAST. Louisiana, Bast Texas. Mississippi, Alabama and West Florida—Rain on Tuesday and Wednesday, fresh north east to east winds. Georgia—Rain Tuesday and Wednes day, Increasing winds. East Florida—Rain Tuesday and Wednesday, high east to southenst wind* Arkansas—Fair Tuesday and Wed nesday showerd. Went Texas—Fair Tuesday and Wed- nesday, except showers nnd cooler Wednesday In north portion. THE COFFEE MARKET. Nsw York, Kept. 29.—Tbe market opened ._! nn ndvnnre of MU') p,ilnts, ntn! ruled strong during the esrly srulnn on cover ing of short, and hull support, with pried -t midday nliout 2D points net hlshor. llual- eso waa fairly active, lint wn. restricted n soma extent by : the light offerings, sales lo midday being ulniut M.on-i 1 The advance wan tine In the prixltd cn- hlci reporting that The llmilllnn govern meut had Issued the nod,., »p|dviuv the feet In elxty from the THE DRY GOODb MARKET. New York, Hept, ft>.—The dry goods mar ket opened quiet and Arm. Weather con ditions were regarded aa having an un usually prosperous effect on the trad*. Th* dress goods market continued In n good healthy condition, th* cotton goad* market was espsctaly strong In th* bleached goods division, and In single fllUnc ducks. Print cloths continued to sell steadily. I I I ly. Opening itance. January 6.46-fl.M -jj r ::8&g 6.764.M aso-6.85 6.9J 6.90 :: Mny...t b; October November... Der ember... t.’loeed firm. .. ...11* .. ..I94J 0 35-6.1 j WM. L. PEEL. Provident. ROBERT FT MADDOX, Vic# 1 MADDOX-RUCKER BANKING COMPANY. CAPITAL $200,000.00 SURPLUS AND PROFITS . . $800,000.00 Accounts, small as well as large, invited. 3 1-2 per cent interest paid and compounded semi annually in our Savings Department CUcaga taard al Trato. (mas In Talk Cam Inkana. S<v Or/rssi Call.. Itth.JI. ^ Ifrrr.Mt Com SriKlitl... law Yatk Colli, fkS.im. yrlr.l• Wltn It haw leak, law Orlrtta, Cklcagc. I. C. COT HU A v. Mini ,«r. Standard Pt.sc 2 Ball Phone 1242. Safe Deposit Boxes For rent in our vaults in the basement of the Empire (Building for only $5.00 each per annum. Absolute Security and all Modern Conveniences You should not be without one. We invite you to call and inspect them. Title Guarantee and Trust Co. HUBBARD BROS & CO COTTON 1 MERCHANTS 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 above exchanges. Direct wire service. Correspondence invited. Phones 454, Long Distance 39. A.S. ilustace, “ ATLANTA NATIONAL BANK ATLANTA, GA. C. E. CURRIER, President. A. E. THORNTON, Vlee-Pre.td.». H. T. INMAN, Vleo-Prosidont. GEO. R. DONOVAN, Cash'er JAMES S. FLOYD, Ass’t Canhltr. Capital 3500,000.00 Surplus and Undivided Profits....... 3500,000.00 We Solicit Your Patronage.