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

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THE ATLANTA GEORGIAN. WEDNESDAY, 8RPTEMBER 26. ISOS. II TROPICAL STORM STILLJ FACTO Predieted It Will Extend Over Central Cotton Belt Today. FOLLOWED BY COLD Claimed by the Bears That It Will Not Materially Damage Cotton. New York, Sept. 26.—Influenced by stronger cable* and an unfavorable weather map, the local cotton market opened flmn at an advance of 3 to 9 points. A number of large lots changed hands with lower Wall street credited as a seller of January. Shorts bought a lot of cotton on the call, and after It the South purchased on the bad weather. The New York market for options open ed 2QD points higher this morning on - Letter set of cable* thnn expected and „ continuation of the unfavorable weather reported over the cottou belt. General mlna and roo! to cold weather prevails generally, caused by the tropical storm now In the gulf. Texas. Arkansas and Louisiana reporting the heaviest rainfall. Following are the active months lu Liver pool today: M Open. Illgb. Low. OctolH»r-Noveml»er. . . .4.91 6.02 4.99 Jnnunry-Fcbrunry 6.01 6.03 6.01 Marcli-Aprit 106 6.07 5.06 May-.1 u a*.. w Vi L . i ;6..506^ ni 6.06*6 easin' Ing and aoiue — slide for a slight further Improvement Immediately after the owning, after which the market became dull within a narrow range, with a loss of some 263 points from the highest recorded during the morning session. Comparative receipts at all United States Decrease Total receipts for four days.. Same days last year .. 2.061 ...191,477 ...218,176 Decrease 96.696 Total receipts since September 1....587,180 Same time last year 794.479 Decrease Semi-weekly Interior Movement— 1906. Receipts 84,670 Shipments.. 70.393 1906. 1906. 107.667 78.364 116,910 1906. New Orleans. Galveston. .. . ... .. ____ _ Houston 19,000 to 14.000 10.1 „ The close was steady In tone net 509 joints higher, as compared with yesterday 1 * SPOT con ON MARKET. Liverpool, spot middling uplands, cats 4.4M: specula cotton quiet and steady; 6.66d; sales 6,000; Amerl- speculation and export 600; re* lanta, quiet at 9 3-16c. R ow York, quiet at f.60c. ew Orleans, steady at 93- Augnsta. quiet at 9 6-16e. Savannah, steady at 9116c. Mobile, steady at I Baltimore, nominal m v, Norfolk, steady at 9He. Wilmington, steady at 9c Charleston, quiet at 9c. Memphis, steady at 9*e. TODAY’S PORT RECEIPTS. The following table shows receipts at the porta today, compared wUb the same day last year; \ interior Movement. Th« following utM. abow, rcclpt* at th. not U06 rlr Houston Augusts { Memphis St. I .out a Cincinnati 943 111 lTfl 11796 •BS # gl2 ot lot th op tm Tntnl 17141 16836 POLITICS AND MONEY FACTORS DISCOUNTED Now York. B.pt. J*.—Report. r«- celvod by u. from unqucatloned aourcea at thin writing Indicate that the beat kind of buying halt appeared and a recovery la expected aoon. Whether or not It will be permanent remain, to he Keen. We do net believe It will an yet, owing to the factors ruling, but It Is beyond a doubt that the political end money factors of the Immediate future have been largely dlacounted by the break. THE DRY GOODS MARKET. New York, Sept. M.—The dry good, mar' »« generally quiet today. Cotton n-ere Irregular and In Halit demand eontmeta. The principal eaport ^ to V - Et *»•« points. Some leading jobbers are In tn>* market replenishing stocks already de- THE CUQAR MARKET. NEWS AND GOSSIP Of the Fleecy Staple Private Wire to albert ft play. da> Priit\o rk ’a ‘ft 1 "' !».-September notice ony t today, September IS. fifth V. ro *i ■■‘Hina Oetolier. ten- »plforlnff Septemlier at ».Mc. I'M. S.at for 10,000 tX'tolier. Car- penter, naggou ft Co. large aellera. _ * he 'tuuriial of Commerre oay«: "The preaeHee of tho repre«eutotlvea of a few Loam ff l" 1 In the market gnve •“etuea an air of netlvlty Hint *«. “?« .general, trailing, aa a rule, for tbt net able. A steady vol Edited by Joseph B. Lively MARKETS Mr. Llvety'a twenty-five year,' experlrtca of ed iting market. In Atlanta end Ibe South ban made him a recognized qtl- thorlty In his tpeelalty. TIPS FLASHED From Wall Street. RANGE OF NEW YORK STOCKS -AND COTTON MARKETS "• T “wng on the qu! uim* of TmirIuors is , nn ^ wllfnot yet’change Their 2.7* of rnk * n k only enough to supply lui- Hri 11 r° J Vnn,B '. Therp 18 Ic»» benrd lu the uu rket concerning the probability of lower Mm. 8 * «!. I hp !\ ,ru ° r J h * y ear > «nd ninny tulngti she evidence that buyers recognise 1907 ..' vp * , so,t * conditions of mills until .^i.? p,ean !l. 8 *P t - 26-The unfavorable and still unsettled condition of the weath er Is causing further short covering. Mar- Kct a undertone Is much Improved In con- featSd ,Ce ’ nD ‘ l D ° to *• manl- Fast ness at the moment Is due to heavy •elllng l»y New York crowd. Liverpool 202* up la n good market, due Iff* points down. Liverpool enhlcK us: "Speculators prluetaal buyers »1 deliveries lor months and selling deliveries for months. Today's map* shows further general mid heuvy rains over the belt, except In cen tral and western portIoiin of Texas. Wrath er conditions nre rery cloudy. The In fluence of had weather with an unexpected Improvement In Liverpool will probably Im part to the market a more decided upward tendency. The eastern forecast Indicates rains gen erally for the district, both tonight and Thursday. The western forecast Indicates for south ern Texas fair weather, with brisk winds on the coast. For northern Texas, rains and cooler weather. For Louisiana and Arkansas, rain and high winds on I of the former. Oklahoma and Ipdli ‘ “ ' ‘ ton If ng on, hut Ituycrs the Texas coast will not suffer. Private Wire to Ware & Leland. New York. Sept. 26.—Llverpoo iciied .quiet anil iinelinnged on up on late. At 12:16 p. we are very liearlnh nnd loot ... trices, we think It Is hut conservative :nke profit when obtainable nnd red lines over the critical period.” New Orleans. Sept. 26.—»w York hammering this market. The tropical storm has caused the bear; rains In New Orleans, and It looks as L It was now heading directly for the center of the cotton belt. at s!i NEW YORK. sin The following Is the range In cotton fu tures In New York today; »w at i §' a 1 SI i tl Sept on (HA id Nov up Dec nt Jan Feb le March. . . . or May 6.M 8.14 8.66 9.16 9.25 9.32 Ml 9.62 8.86 8.89 Mi 9.18 9.27 9.32 9.42 9.63 8.79 i-g 9.13 9.21 9.32 8.86 8.88 wM 9.14 9.24 9.82 9.8 9.a 6.84-88 8.87-88 9.03-04 9.14-15 9.23-24 9.30-32 9.38 39 9.48-49 TtTR 8.78-79 8.92-91’ 9.09-10 9.17-18 9.24-26 9.32-33 9.43-44 ™ CIobwI ateady. ■■ ' —3 WARE A LELAND'S DAILY COTTON LETTER, New Orleans, Sept 26.—Bad weather lad little effect on prices today. The trop- cal storm that has !»een careening around n the gulf finally decided to make sti * for the heart of the cotton belt via ... — Orleans, hut the trade viewed this with apathy. Considerable rain and probable damage to open cotton was reported over the belt, hut this stirred up very little bullish enthusiasm. A cold ware waa clear ly defined In the northwest, and waa at ent at last esme to the conclusion that the so-called "chronic bolls" were short of the market, nnd were refusing to take loasea on their shorts. Liverpool was bet ter than expected, owing to bidding by cal operators, according to private enl... grams, and this, together with the bad weather, caused n slightly higher opening, but after the Initial ffhrry prices showed •ciaeaiy lower. At no time tet have a good undertone, due tutor* or les* to Hhe fact demand waa decidedly less did the market have and this was that the spot . urgent than It has been, and some fae doubtful If this will stimulate spot hay ing. Buyers, ns n whole, have made np thHr minds that prices are too high by, their waiting Attitude. GIBERT A CLAY’S DAILY COTTON LETTER New Orleans, Kept. 26.—The Improve- •nt In options was attributed by cables . speculative buying of near mouths mid selling of distant positions. (Musing prices •re 103 points higher than yesterday’r •rvela. Spot sales continue light, only 5. 000 bales having been sold, but at an nd storm off the gulf coast and • exeeemnglv wet nnd unfavorable weath er over the belt that the man recorded this morning enused shorts to display consid erable nervousness, resulting In a further Improvement from opening prices. The quietness and easier tone of tlte spot mar ket. however, lessened to a large degree what otherwise might have been ealle< a bullish situation, but lacking fresh nnd healthful support, prices aoon lost the Ini tial advance. The policy of conservatism seems to prevail. Too it open cotton now THE COFFEE MARKET. New York. Kept. 26.—The coffee market ..pened unchanged fo 5 points higher and held around the Initial figures during the forenoon. This was disappointing In view of the bullish news received, and the henvy selling suggested that some of the big re cent buvern were using the demand cre-*~* he bullish news to reduce their lln»-». « which gradually checked the buying for outside account, which had seemed to bs en tering the market at tho open!ng.~Ull>ert Sc * Following Is the opening rang* and close the New York coffes market for to- New York. Kept. 26.—Lorn! refined and sugar steady and unchanged. London {“•**!* steady; Kcptemlwr 9s 9%U; October day: I ^ebrnary. March... . April May... .. October... November.. December. Closed steady. Opening Range. ,.,.6.66-6.70 ..6.70-6:80 , ..6.86 _ ... .6.90-6.96 .. .7.00 ..7.00 . .7.06-7.10 . ..7.10-7.15 , .'.6.464.60 ....160465 ..6.604.65 Close. 6.664.70 & <04.751 $80-6.85 6.854.90 6.96-7.00 7.00-7.061 7.05-7.10 7.10-7.151 6.404.50 6.404.60 fjp4J6 6.60 6.65 THE METAL MARKET. X,w York. Sept. 2«.—Tin ateady, with a alight advance In offering* for npot ■nd nearby deliveries. Lead and Spelter ateady. GIBERT & CLAY r. il% C r H o B s. o^°‘: COFFEE. PROVISIONS ATLANTA. OA. isfSS f-HIfs SBBSB®Sf@Ses Private Wlrea teall Exchangee, kaeal and Long Distance Ttlephone 9£98. Vf. n. FAGAN. Montgan. ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone, Main 858. ATLANTA, GEORGIA. NAMB OF STOCK. Amalgamated copper.. Atlautlc Coast Line. .. America Sugar ltef. ,. rtcaa Cotton Oil. . Amer. Car Foundry. •. jlaltlmora It Ohio. , .. Brooklyn Ilaphi Trta.. Cnuadlun l-acISu. . . . Chic, i Northweiteru.. Cheaapeake ft Ohio. . . Colorado Fuel ft Iron.. Central leather -do, preferred. . . . Chic, ft Great Weat-0 Ch c„ Mil. ft St. K ...... . IJelateare ft Huii,oa DlatlHer-a SecnrltlM. Jo,'preferredI I ! I OwanlElectrle. Illinois Cantrsl. Missouri Pacific.' Total stock sales today 1,074.500 shares. NAME OF STOCK. N. Y., Ont. & Western. . . National Lead Northern Pacific New York Central Norfolk Si Western Pennsylvania People's etas Pressed Steel Car do. preferred. ...... Pacific Mall Reading Republic Steel. ....... Rock Islaud do. preferred United States Rubber. • • . do. preferred Southern Pacific. Southern Hallway. . . . . , do, preferred. ...... Kloss-Kheffleld Tenn. Coal St Iron. . . . • , Texas A Pacific , Union Pacific United States Steel do. preferred Va.-Car. Chemical. do. preferred Western Union Wabash do. preferred. ...... .| 54 Private Wire to Glliert Sc Clay. % New York, Kept. 26.—The Anaconda divi dend having l»een declared at about the smallest Increase possible, we may look to hear of doubt concerning an Increase In the Amalgamated rate nt their next meeting In Oetolier. The announcement of the ore deni la expected In the near future, anil In some way not yet explained this Is expected to Invite support to Colorado Fuel and Iron. Daniel Odell Sc Co.: Political situation now causing anxiety. The probable nomlna* tlon of Henrst by the Democrats caused railway stocks will lie n good purchase for a turn. Think Southern Pnclfle beat one on list. Banks are discriminating against Indus- fluctuations now. Money really rules. The bridge from September 28 to October 2 re mains to l»e crossed, aa stated. Next week the sky will be clearer nil around. .Further reactionary operations would not surprise us today. No serious decline generall: aeems likely. It la plainly a shake-oul LITTLE BUSINESS Traders Only Backing and Filling—First Selling, Tlfen Buying. LIVERPOOL. range nnd close, compsi dose. Futures opened steady. Jan.-Feb. . Feb.-Mnreh. March-April. Opening. Previous Range. Close. Close. .5.17 -5.201* 5.2016 5.17H .5.06 -5.07 5.07 5.04 .4.99 -5.0114 5.01* 4.W) ..4.97 -5.09 5.00 4.97* .4.99 4.00* 5 01 4.9S* .6.01 4.02 6.02 5.00* 6.04* 5.02* .6.06 -5.06* 5.1)6 V** .'.lios&t'.w i'.oSI ting NEW ORLEANS. NOTES ON GRAIN Pointers on Provisions. steady and northwest receipts moderate. This ought to give ua a fair market. Bull* Ish sentlmf pect of big — —. ‘- -jroremeni in prices. onts very firm, considering fa vorable went her, nnd receipts, while very friendly to bofh, we believe profits should be taken on quick rallies. We believe the wheat action of the market yesterday nnd today Indicates It Is toppy. New support has not been found to con tinue the buying around 75<> and speculative trade has fallen off shandy. This Is tho wenk feature. Would self wheat and wult for chance to buy a cent or two lower. Provisions opened lower with Cudahy sell ..jg November lard; later lioucht Jauuarj lard nud offerings are less. I,ooks like there mtjtht be some good local buying of the Private Wire to Ware Sc Leland. Chicago, wheat if large. Hentlment hardly aa bullish nnd y< - strength Increasing In other grain helpa A demand foe December oats by locals. These coarse grains attracting more atten tion. Chicago Inter-Ocean: The extent of crop deterioration In the northwest nnd the rea son for the ainnH movement la Itecomlng apparent. The rains after harvest have enused more loss In quality than In quun- My- ^ A message in the Northern Grain Co., which startled the onts trade In the last hour, said: "Line houses report oats In the three fw>Tthwc*tevi\ stntes badly dam aged. They estimate that less than 25 per cent will grade No. 3 white, anil fhnt the crop of the three northwestern states lias deteriorated 25 ^»er cent since the gAvern LITTLE FEATURE TO WHEAT MARKE Opened Steady and Un changed—Commission Houses Sold. Chicago, Kept. 20,—Wheat closed *c lower, corn *©*o up, oats gained *0*c, and provisions were off 2*©3c. Cash sales whent 10,000, 25,000 bushels corn ami 80,000 bushels onts, here, 20 loads wheat, 7 of corn and 100,000 bushels outs ut the seaboard. Primary receipts of whent 920.000 bt---.- and corn 1,041.000 bushels, compared with 1,215.000 and 712.000 respectively a year aa<K* Clearances for the day: Wheat 1,0»,000 bushels, corn 166,000 .bushels, oats 46,000 bushels. ’L T . CHICAGO GRAIN MARKET. jOpcn. High. 72* Duluth sold 12M.0M bushels of wheat for export, and Chicago exporters Sold 96.000. nnrt afloat, and all No. 2 hard. Export sales In all positions. Chicago nnd all sealmard rts. were 400,000 bushels wheat and 56,000 ishela corn. orthweatern messages said the move they left IXy. nnd where caVi have l»eeq have. In numerous Instances, been standing on side track*. September deliveries yesterday were 20,000 bushels of whent, 133,000 bushels of corn, 35.000 bushels of oats, 750 tierces of lard, 60.000 pounds of short ribs. A Duluth exporter wires: "Whent looks very healthy Indeed. Buying business In Manitoba* for export and vary close on ; niliiths today. Continent aeems especially anxious to buy. We sold sixteen loads for export today, part Manitoba nud part Du lath. WEATHER IH COTTON*BELT. nnd drlxsllng; rained last night nnd yea* terdny. Canton cloudy: rained nearly nil Ight. MlHriMlppI—It.ttiMlmrK Vloudr .nd v*rjr cool. Ucrh1t.il cloudy, cool .nil tlirc.t.n- City cloimy nod cool; h.nl r.ln .... 72H 72H 72H 72«i - 7Mt ... 761, 75'. 74H 75 75* .... n 79'4 78S 781k Tt'k UN'— .... 4) 47H 41 .... 43'* 43H 41 Mi 43'4 4*’* 44 43$ 4J>, .. ..Tfi— EEiS i I 1:1 LDltK Kept... 16.60 16.61) Jan... 13.86 13.40 LAUD— Kept.. 8.95 8.96 m f:S H K1DES— Kept.. 9.00 9.00 Oct... 8.40 3.42* Jan.... 7.12* 7.15 t AKII WHEAT- No. 3 red 73* — hard winter 8.90 ■ 5:8 8.92* 8.90 7.82* 9.90 8.40 7.12* Wheat Corn .. (lata .. Hogs .. . 196 2J9 .2>),000 26,000 Ing. last mgni. '.»*« hard rain Inst , night and yesterday after- m. Natchex. cloudy and pleasant; rnlu- nearly all night. ”**■ : hard * ing. irrw tin ri»w« iih'i laat t night. Jaekoon cloiMlyplHissiit: w tilt noon. Natches, ' nearly all night. Ueksburg threaten rain yeaterdny and Inst nlfht. A In Iwmn—Montgomery cloudy and threat ening: rained yesterday. Mobile dear and cool# rained Inst night. Keltna clear nnd cool: mine*! yesterday afternoon. Opelika cloudy nnd very cool; light rain yester- Eutaw nnd Troy cloudy and Vens- and warm. Georgia—Col umbos WEATHER IN WHEAT BELT. Extreme Northwest—Generally dear; 26 v\ortUwest—Clear and cooler; 16 to 50 ive: frost at Bismarck and Minnesota. local rains In Missouri. Ohio Valley—Cloudy; 60 to 66 above; gen eral raina WEATHER FORECAST. Georgia. East Florida, West Florida. Al- LIVERPOOL GRAIN MARKET. Wheat—open unchanged; 1:30 p. m. un- chaugcil; close, unchanged to *c lower. Corn—open unchanged;* 1:M p. m. changed; doo* *<Hic higher, NORTHWEST CARS. 292 337 241 PRIMARY MOVEMENT. The following figures ghVs the primary movement of wheat and corn: Wlif.'i 1* receipts tinlay, 920,00 bushels against 1.215.00 bushels last year. Shipments today 693.00k bushels against 474,000 bushels ln*t year. Corn receipts today 1.041.000 bushels ngnlnst 712.00 bushels last year. Shipments today 460,000 bushels ngnlnst 340,000 bushels last year. COTTON 8EED OIL MARKET. Openlug. Closing September. ....... J«*“ October. . November, December. January. . March. . . SB: Twiwl .' 3014031 JzITTLE IS NEEDED TO MOVE COTTON . K 'l"' M -The Hun ur.: "In ■f" " 1 ! Prof-ufor,,' mnrkot Ilk,: th, pr,.. • n * °"' eompamOvrlf littl, nnulnl to 'LOPJ "'nr or tho .olhor, anil m. loril.)' the 7,nr. that n Irnnlcl ntnrm off Tf^ .J ■* f "°, n of >l>" '"‘If. ir not elnetrbere. were nlnnn infflrient t?««™nririi!!? n ‘r " ,,vnn, ’ , '■ e«peel«lljr nn rain Sprite 'in’ri , ,or „ l !"L" J ' P" r '* nt '•>" In'll. SlSlf f *{‘: '"'I hove henvy rnlnn. ami ?*?■%• »l«"' Moreover, the Uvermuil itinr- ket "honed nnex|>eete<l atrenitlh, nnd peer pie n ere diitDlifonndetl to (ml that the HoutU wnn.offerln. ten. freely lu the innr- 1° .yl # ' w "i Ihln wldenprend proniHr- •v of the rollon innniirnetmlu. In,Inn- v* ■onnlile preiumpllmi f?" 1 . Ihelnklnn liy the mllln will hereby . n # ut , ’™ r " P° ln < 'h.t during the-lnnt few yenrn the Mg K np. In ntoekn whirh were mnrie liy the fninlne venrn Inlvr |‘I>' Ihit mn.ll denier, nre het- tor nupplleil with goml. ttuiu thev were ?. —7 7" n . r " nml they affirm that. 'J ,l n "- v hfPI";'! ,ll " , Amerlr.lt cotton will fall eonsldcruldy. To most p«*o- E who take n dispassionate (lew of the situation. It .looks aa though the consumption would be large, and that there would be nn ample supply to meet liitJnj w?"’ hcr * “ |J *? w Srteggg, 8ml ,26.-The Times Demo- ernt: "The not Illogical frtir Hint the At- antn race riots may uffect the cotton licit labor situation, nnd the prospect of wet rls durlug the next few days, augmented Increasing apprehension engemlered by smallness of the new crop movement, ami bullish sentiment received sufficient Im petus to lnipe| some short covering. He- yond the shadow of a doubt, there la vir tue In the argument that the farmer and Interior merchant will In lietter poal- •<«« enf orcp demands after some of debit shall hnxe Iwen paid. II the outcropping of a holding temlencr may now mean more thnh most folk who at tribute the small inuveiuent solely to ln(p< ne*« of the crop ore "willing to admit. Forced selling Is and will always he a part of the game between the prndneer nnd the buyer, hnt the vital gertn of self Interest has l»eeii planted deep In tho farmer's anut omy. nnd It Is growing and spreading con stontly. This fnetor the talent should not Ignore. When the farmer demands uowa days, he does so Intelligently, radical ad risers nnd perpetual pessimists to the con trary notwithstanding. However, the real struggle for price supremacy will develop Inter oil. Meanwhile, a bit of floundering lu the scalpers’ rnuks will fool nolwdy."— Wore Sc Leland. ulntlon. i we have sal pjpinl* bn!.„_ held In check by Hoot (ftepubllcsn) to us. The best course to pursue In general la the conservative one. but W9 urge you to buy on the weak sputa, for icale-down. orders are *‘*“~ the best Issues for another rise. Private Wire to Ware St Leland. New York, Kept. 26.—I<ondon Irregular and tending lower. Anncondn off 2* early. Considerable stress Is lieing made on the belief that Henrst will lie nominated, ami aa Kecrotnrv Khaw has not aa yet takes steps to relieve the money market It nat urally creates nervousness on the part of the timid, especially In vl*w of the very heavy disbursement In October on dividends nnd trust companies having to Increase their reserve* 810,000,000. t It Is doubtful If excessive rates on call loans will l>e permitted, bnt small flurries can lie expected. • The advance and strength In copper metal should weigh more with holders of Copper stocks than the small Increase In the Ana conda dividend. If further declines take f tlnce In Coppers good buying ran l»e looked or. aa well aa In the rails and Industrials generally. lH»w-Jonea' minimal don Irregular and rati Indications point to nomination of Hearst. Some prospect of Charles K. Hughes be ing nominated on ltepuldlcnn ticket. President Talma, of Cuba, abdicates, which may force Intervention by the United States. Colorado and Houthern earning capacity now* approximately 61-19 per cent on com mon stock. Hock Island report, analysed, showed equity for common stock equal to 110 per cent. Llg Kle.... ... .— ....... ..... ... ,ra»- tember show* an average gross Increase of 17.73 |H*r cent. Total gold engagement against deposits 832.166,000. of which 817,160.000 la to arrive. All reserve cities In the United Htatea are now below the proportion of reserve “M ulred. Twelve Industrials declined 1.S4 per rent. Twenty acUve railroads declined 1.66 per TALK ALL BEARISH The Political Situation the Chief Topic—London Was Small Buyer. New York, Kept. 29.—'Tho political situ ation dominated the security market today more than anything else. At the opening there were evidences of further liquidation and many of the leading Issues went be low yesterday's lowest. But the main operations, even nt the start, seemed to comprise everything of profits on this side which bad accrued from yesterday’s decline. Thla covering, along with a moderate amount of buying of n more substantia! nature, aoon made Itsrlf felt In steadying the general list. Prices rallied fractionally aa a rule during the first hour, and then trading virtually came to a standstill. The market sft midday had paused, awaiting more newt from the party c-onrentiooa. New York, Sept. 26.—The stock market opened Irregular. Consoli dated Gas st&rtad In a point lower and rallied half. Brooklyn Rapid Transit declined 7-8 and Union Pacific 3-8. Reading opened unchanged and ad vanced 1-4. American Smelting wan unaltered. Atchison advanced 1-8 then loat 1-4. Pennsylvania and Amalga mated advanced 3-8 and Baltimore and Ohio and Anaconda rose 1-2. The stock mnrket through the first hour mini quiet and generally firm with n business In any part of the room, and trad er* simply Im.-klng and filling, first selling nn.l then buying. The talk was nil of the bearish character, most of It being about the political situation. . leinilon Ima.ht .boat ’ 1,000 .hare, here, DiMtlr Mmthern l’aclfle. Cor eminent, uncliaojed; other hand, qnlet. THE LONDON 8T0CK MARKET. STOCKS— AlMeond. STOCKS SLUMP IN LAST HOUR pt. 26.—There was no Im- meuiare cause ror the break during the last hour, though lack of support haa t»een a conspicuous feature of the trading today, ns far ns large Interests are concerned, and the market looks as If stop order* had been reached In some directions. The order from Washington to prepare ..ie regular army for active service and po litical agitation disconcerted operators, bo sides which heavy selling of leading specu lative Issues has been the feature of the mnrket for several day*, and waa a strong Last year 5,600 native Christiana were added to the church In Japan. The largest anchor ever made weigh ed 26,600 pounds and coat nearly 810,- 000. SOUTHERN EXCHANGE Oldest Established Office Smith. COTTOU STOCK MUDS GRAIN Ground Floor Oould Gull-ling. Dally market letter nnd market manual mailed on application L.J. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, 6RAIN Correspondent's Capital $250,000 REFERENCE, THE NEAL BANK PHONE 1417. PRUDENTIAL. BLDG •lien),. Mlmlaelppl tVednrad.y iiiid Th' Hurt hr, ,t wind,. d and Ixniluiana—h«ln luraday; hrltk to high EA»t"TVx",',-Fnlr Wrdn-'Ddny nnd Thur»- iv. rx.i-pt ratn In Mufhmrt portion) frrah n..rtliM«t to north wind,. Arkans,,—Rain Wrdneeday; Tburaday Trxaa-Falr tVrdneaday and . .irtlj ctmuljr and root nln eolith toulght nn-l tomorrow. Indiana—Rain t.mlxht; and tomormw Wfaronaln—fooler tonight; pro^wbly light fr Mlnnraota. Iowa, Nrlirnaka—Fair tonight; front Thnra-Iar. ..... Mlaaonrl—Fair woat. rain In enet tonight ml probably tomorrow. IntKota. nnd Montana-Fair tonight nnd tomorrow: warmer. . . ’ . Kaunas-Fair uud cooler toulght; tumor-1 row fair. cottoivgIiaw, Provisions,^to^ksPbonds, Ms. 2 Watt SL, M Cm. few fart Cute, (ittiagr. Ckltige turd af Trade g«w Off,,ns Cette, ficlin,,. Chfc.co Slack fntjtjt. IIMrpaaf Caffaa tiMchthi. . Nt, rack C«ttr« ItckttK ht.ll. Wlrts ll In firt. ft* Ortiiit, Cftlclfa. B. C corn*At. Mi.tin. till flue 1243. Shndird thin 3 NEGRO SHOOTS WIFE IN NEIGHBOR’8 HOME. Hpt'rlnl to The (Icorglatt. Wilmington. N, C., Sept. 26.—foday when William A.he, ft young negro, tllacorered hi. wife In hiding In the houne of A relative, he opened fire and killed her a. .he w«. attempting to e.cape hi. wrath. Tho women fled from her home Sunday night bacau.a of a quarrel durlug which her hueband threatened Co kill her. Thl. ,1. the aecond murder committed here by young negro men within four cltfy a. • LEAPED OFF FA8t TRAIN TO 8AVE PET BULLDOG. Ksnosha, WIs., S«pt. 21.—In an ef fort to save the life of a pet bulldog, William Sheehan, of Milwaukee, lost night leaped from a train running at the rate of 40 miles an hour. He fell by the side of the track and escaped with slight bruises. Chic., Mil. and Bt. Paul.. Erl# ,. 1 .. Illinois Central. . . ; , . Louisville and Nashville.. Bending .... Pennsylvania Honthern Pacific.. . Union Pacific... .. United Btstcs steel, do. preferred. . . >2* » 1295 106* 106* 107*4 179* 179* 179* 174* 175* 177 4*Y 46S 47* 173 173 173* 147% 148* 143% 145*i 146* 169 . . 140* 140% 141% •• *• I Mu m .. .. 185*1185* 186% 44*| 44% 45* 106% 106* 106% STOCKS REVIEWED BY NEW YORK SUN New York, Kent. 28.—The Sun sars: "From start to finish, the market yester day was under the Inflnence concerning the alleged probability of the nomination of Henrst as the Democratic candidate for governor, and l»ut little attentl on wns paid to other factors. The trading element seemed to take It for granted that the Democratic ticket had already been se lected. nnd It wns rumored ,tbnt the plat form would be extremely radtcnl. nlthcugh In banking circles n more cheerful view was taken of the situation, leading Inter ests asserting ’ the belief that the ticket and the platform as were Miked nUmt would not receive the support of the con servative element of tho |-*rty, and could not win without It. Secretary Bnaw gars no Indication of his pnrpose attributed to him of further relieving the mouey sit uation by — *- •- with out- Ansconds share, >y the deposit of government fond* it-of-town bank*. The directors of .. Is declared s dividend of 81.50 n ■. thus placing the stock on it 24 per cent its sis. In continuance of s oollcy con sistently pursued for a year nml s bnlf of slowly navnnclng the rate to a Wei bis- titled by the prosperity In the metnl Indus tries. A raid on the stock followod tho dividend announcement, nnd at the close the Interests working for a decline seem ed to bs for the time being In control of 1hs market.”—Glbert Sc Clay. LIVE 8TOCK MARKET. 28.—Hogs— Estimated re- MnrKct steady; ijual- talk ** — Chicago, Kept. cslptt today 20,0— —— tty fair; left over 4.597; bulk 86.86e4.66; es- tlmnted for lemorrow 727,000; light 86.30 C6-76; mixed 88.157^.77*; heavy |6.Ke6 77*; rough 85.b5fH.15; pigs 85.85^6.70; yorkers 7< *ii 6.75; good to choice neavy 86.66<9 6.77*. Cnttle—Rstlmsted receipts 18.000. Market steady; quality fair; beeves 83.35^6.06; cows Sl.8Hfl.40: heifers 81404*6.25; calves 1*9 6.25: goori prime steefs SO; poor to medium G.9O&5.30; Stockers and feeders 82.4004.65. Shoop—Estimated receipts 23,000. Market slow nnd weak; quality ralr; natives gg. 10* 5.M; yearlings 85.40476; western 84.2Hf7.60. lambs 84.266^.* THOMAS J. PEEPLES, Cashier. JAMES U. LESTER, Assistant Cashier. JVIADDOX-R UCKER 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. LOWRY NATIONAL BANK CAPITAL, SURPLUS AND PROFITS OVER ONE MILLION DOLLARS Foreign Exchange, Travelers’ Checks, Brown Brothers’ Letters of Credit available in all parts . of the world. 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 Modem Conveniences. You should not be without one. We invite you to call and inspect them. Title Guarantee and Trust Co, Frank Hawkins, President H. M. Atkinson, V. P. Tnomai Joseph A. McCord, Cashier. Tncmas C. B. W. Wye Third National Bank .... $200,000.00. .... $300,000.00. Capital Surplus Dr. A. W. Cithooe. Milton Dargan. DIRECTORS! Frank Hawkins. II. M. Atklpsen. Joseph A. McCord. David Woodward.