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

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THE ATLANTA GEORGIAN. 11 TROPICAL STORM STILLJ FACTOR Pi’edicted 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. it.—Influenced by etronger cable* and an unfavorable weather map, the local cotton market opened Arm at an advance of 2 to 9 point*. A number of large lota changed hand* with lower Wall street credited a* a seller of January. Short* 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. e<l 3611 point* higher this morning on a lietter set of rabies than expected nnd a continuation of the unfavorable weather reported over the cotton belt. General rain* and cool to cold weather prevails generally, on used by the tropical storm now In the gulf, Texas. Arkansas and l.oulalnna reporting the heaviest ralnrall. Following are the active months tu Liver pool today: „ Open. High. Low. Octolter-Novemlier. . . .4.99 t.03 4.99 JnntioryFrbruary ,£<JI 6.M 6.01 March-Aprll 5.0* J.0J 6.00 Maj-Jnne .. .. ..Iteli 611 6.06Vi Weather conditions have caused some on- easiness among the shorts and their cover- Ins and some southern buying was respon sible for a slight further Improvement Immediately after the opening, after which the market became dull within a narron range, with a losa of some 3«3 points front the highest recorded during the morning session. comparative receipt* at all United States ssr receipt* today.. .. Same day last year 46,40* Decrease 5,051 Total receipts for four days 191,477 Bame days last year 511,176 Decrease 56,6* Totsl receipts since September 1....667,16 Bame time last year..., 7*4,471 Decrees* 507,5* Semi-weekly Interior Movement— 1900. 1*06. Receipts 64,(76 167,6*7 Shipments 70.696 78,364 points finals. ... i !S its 11,000 to 14,01 .. ww. -T Id ton® ... ^ nta higher. as compared with yeaterdny SPOT con ON MARKET. nta, quiet at 9S-16c. R ew York, quiet at MOe. •w Orleans, steady at 99-1 ista. quiet nt fltlfir. nnnb, steady at 9l-18r. ... J/rals, quiet at 9ftc. Houston, quiet at 9%e. Boston, quiet at 9.80e. arfeieSs? .*[ 5& at te.* mlngton, « *e- dempbls, ateady at OVic. TODAY'S PORT RECEIPTS. The following tebi* ehowe receipts st tha porta today, compared with the aam* day laat yean NEWS AND GOSSIP Of tbe Fleecy Staple. Trlvate Wire to Olhert t Clay day 0 FridT." k 8.?temb?rl?*' >,t ' , ” b * r D0 " Ce [n* k u October. Mltehell ^fferlnc September nt 9.80c, '' l,lkJU *‘ld* 9.86c for 10.000 Octolter. Car- P**|* pr » Bnggott Vfc Co. In rue seller*. The Journal of Commerce eayi: “The fnrrnTt°f. thp r °P»'V ,M!nt 1 Ht,VM of a few larffe jobbing firm* In th* i..a*i-.,i •»«.— some houses nn nlr o not general, trndluf, _ mm. °V ,h ® 9 u ‘ et •}■>«- A ateady vol mm- of buslnpsa Is going on, hut Inner, nre cautious, and will not yet change their policy of inking ouly e •- ■ ■ mediate wants. There .. .... , u „„ market concerning the prohnblllty of lower price* nt the turn of the year, and innuy tiling* give evidence that buyer* recognise the well-aold condition* of 1*07." h'ew Orleans, Rept. 56.—Ths unfavorable end still unsettled romlltlou of the weath er *» causing further short covering. Mar ket ■ undertone la much Improved In con fluence. and no desire to cell Is manl- sonmg 1 ”; Ne« h, 'y"t°k M vroid d “ '° hMrjr “ SOUd n,nrl ‘ e, • W “ Liverpool cables us: “Bnecu . rfnrfpaf buyers of deliveries months and sell!ns deliveries months." T«Mluy'| mnp shows further general nnd heavy rains over the l»elf. except In cen tral and western (tortious of Texas. Weath er conditions are very cloudy. The In fluence of bad weather with an unexpected Improvement In Liverpool will probnbly lm- Fendenc the ni * rket * wore ,,ec * ded upward The eastern forecast Indicates rains gen erally for the district, both tonight and Thursday. . The western forecast Indicates for south ern Texas fair wenthcr. with brisk winds on the roast. For northern Trias, rains nnd cooler weather. For Louisiana mud Arkansas, rain and high winds ou the roast of the former. Oklahoma nnd Indian Terri tory fair nnd cooler both tonight and ~hursdnjr. , Several Texas points wire ua spot basis easier. Storm warning: It Is believed the trop- leal storm will move Inland east of New Orleans, and It now seems probable that the Texna coast will not suffer. Private Wire to Ware ft Iceland. New York. Sept. 26.—Liverpool futures opened quiet and unchanged on near and 1 up on late. At 11:15 p. m.. lft#2ft up and steady. Sales 5.000 spot;. 7%. at S.BOd. Futures dne to come 102 down. Carpenter, Bnggott ft Co. say; “While ws are very Itearlsh ami look for lower prices, we think it Is hut conservative to :nke profit when obtainable and reduce lines over the critical period.'* New Orleans. Sept. 16.—New York hammering this market. Edited by Joseph B. Lively MARKETS Sir. I.lvety's twenty-fire years' experience of ed iting msrkete In Atlsnt* end the South has mtde him * recognised au thority In hie specialty. TIPS FLASHED From Wall Street of the cotton belt WARE A LELAND'S DAILY COTTON LETTER. N«w p r, eans. Sept 26.-Bad weather isd little effect on prices today. The trop es! storm that has been careening around n the gulf finally decided to make straight for the heart of ths cotton helt vis New Orleans, hut the trade viewed this with apathy. Considerable rain and probable diiiiiw to open cotton was reported over the helt, but this stlrrea np very little mlllsh enthusiasm. A cold wave was dear- y defined In the northwest, and was ap parently headed for the cotton region, to follow In the wake of the ralna, but even this did not stimulate buying, and the tat* ent at last came to the conclusion that tbe so-called “chronic balls’' ware short of the market, and were refusing to take losses on their shorts. Liverpool was bet ter than expected, owing to bidding * cal operators, according to private not arter tn# iniuai nurry prices showed no buoyancy and with any aggressiveness on the part of the bean would prolwbly have gone decidedly lower. At no time urgent than It Mrs were willing It hard to sell ootton. trohahly show some shrinkage in the near .’ntnre, owing to the bad weather that has been experienced In the belt, but It la doubtful If thta will stimulate spot buy ing. Buyers, as a whole, hare made np their waiting attitude. INTERIOR MOVEMENT. Tbs following tabie shows receipt* at the Augusta . , Memphis . . Ft. fsOUts . . (Inclnnatl . . Total .... 17341 POLITICS AND MONEY FACTORS DISCOUNTED New York, Bept. 56.—Report, re ceived by u* from unquestioned source* at thl* writing Indicate that, the beat kind of buying ha* appeared and a recovery I* expected «oon. Whether or not It will be permanent remain* to he eeen. We do not believe It will a* yet. owing to the factor* ruling, but It I* beyond a doubt that the political and money factors of the Immediate future have been largely discounted by the break. THE DRY GOODS MARKET. , . t toflny. yarn* were Irregular And In light demand f"r t»»ng. contract.. The principal export trad* t>( tho week hns been a tulle to lied —a point*. Rome leading Joldiere are In the market replenishing stock* already de- THE CUGAR MARKET. hew York. Rept. 56.—Loral refined nnd !** etigflr ntendy nml urn-hanged. Ixmdou sternly; Reptemlier 9, 99id; October QfflERT A CLAY'S DAILY COTTON LETTER Private Wire to filbert & Clny. New York. Sept. 56.—The Anaconda dlrl- dend having lieeu deelered st nlwut the smallest Inerense possible, we may look to RANGE OF NEW YORK STOCKS AND COTTON MARKETS SmESSSS la expected In the near future, and In some this Is * i de t Atnslgamnted Copper Atlantic Conet Liu* American Sugur Kef. .... Anaconda Amerlcau Locomotive.. . . do, preferred. ..... Amer. bmeltlng lief. . . . de, preferred Atchison. , do, prsferred American Cotton Oil. ..... Amer. Csr Foundry Jlaltlianre A onto Brooklyn Uapbl Canadian l'selnc Chic. A Northwestern.. . . Lbewpeske A Ohio. .... Colorado Fuel A iron.. . . Central Leather do, preferred Chic. A Greet Weet'D. . . Ch e„ Mil. A Rt. 1\ . . . . Itrle tiller’s Securities!!! I*. . „ do. preferred General Electric. . . . Illinois Central Amer. let .Securities... Louisville A Nashville.. Mexico Central Missouri Pacific m 96*4 total stock mi NAME OF STOCK. ..’ntlonal Lead. . . . Northern Pacific. . New York Central. Norfolk ft Western, Pen my lvanla. . . . People'! (Ins Pressed Steel Car. do. preferred. . Pacific Mall Reading Republic Steel. . . Southern Pacific. . Southern Railway. do. preferred. . Sloss-Sheffleld. . . Tenn. Coal ft Iron. Texas ft Pacific. . . Union Pacific. . . . United 8tates Steel. do. preferred. . V*.-Car. Chemical. do. preferred. . Western Union. . . Wabash . do. preferred. . Wisconsin Central, do. preferred. . tea today 1,074. NEW YORK. tnres In New York today; Sept. . . Oct. . . Nov. . . Dec. . . Jan. . . Feb. . . March. , Ma; Closed Ti43«r 8.81 8.87-88 • 9.0CU>4 9.14-11 9.33-24 9.30-32 9.38 39 9.48-49 8.77- 78 8.78- 79 ,8.92-93 9.00-10 9.17-18 9.24-26 9.32-33 9.43-44 LIVERPOOL. The following figure* giro the opening range and dote, compared with yesterday’s C Futures opened steady. Opening. September. . Sept.-Oct. . Oct.-Nov. . Nor.-Dec. . Doe.-Jan. . Jan.-Feb. . Felu-Mnrch. March-Aprll. .5.17 -5.20ft 5.20ft 5.17ft .5.(15 -5.07 5.07 5.04 .4.99 -5.01ft 5.01ft 4.99 ..4.97 -5.00 6 00 4.97' .4.99 -5.00ft 5 01 4.9S' .5.01 -5.02 5.02 5.00^ 6.04ft h.02M .5.06 -6.06ft 6.06 ‘ fnv-Jmie Closed i iS NOTES ON GRAIN Pointers on Provision!. New Orleans. Sept. 26.—The Improve ment In options was attributed by cable* to speculative buying of near uinntha nnd aelllng of distant positions, closing price* were 102 point* higher than Yesterday's levela. Spot sale* continue light, only 5.- 000 bales having been sold, but at nn nd- vancc In quotation* of 6 point*. The pres ence of the storm off the gulf con*t nnd the exceedingly wet nnd unfavorable weath er over the belt that the map recorded this morning earned short* to display romdil- erahle nervousness, resulting In n further Improvement from opening price*. The quietness and easier tone of th® spot mar ket, however, lessened to a large degree what otherwise might have been called a bullish situation, but Inrklng fresh nnd healthful support, prices soon lost the Ini tial advance. The policy of conservatism seems to prernll. Trio manr unfavorable circumstances now momentarily exist to ad mit of any material decline, while, on the other hand, the latent desire to expect lower prices Is held In check by the fear that damage from rains and winds to tbe open cotton now In the fields In by no means a remote possibility THE COFFEE MARKET. New York, Sept. 26.—The coffee market opened unchanged to 5 point* higher nnd held around the Initial figures during the forenoon. Thl* wo* disappointing In view of the bullish news received, and the heavy selling suggested that some of the Idg re cent miter* were using the demand created bv the bullish news to reduce their lines, g fact which gradually checked the buying for outside account, which had seemed to l»e en tering the market nt tho opcnhig.-Uthert ft Olay. Following Is the opening range and close of tha New York coffee market for to day: . Opening Ranee. January ** • ----- 6.70-6.80 February. March April May... .. .. . June... .. .. July August.. .. .. Keptemlwr. . October NovemlHT December. .. .. ..6.85 ....6.90-6.95 .. .7.00 ..7.00 .. .7.05-7.10 ,. ..7.10-7.15 Close. 0.66-6.70 6.70-6.76 6.80-6.85 6.856.90 6.96-7.00 7.00-7.06 7.06-7.10 7.10-7.15 6.40-6.50 Private Wire to Albert ft Clny. Chicago. Sept. 2*.—Wheat cables about ateady and northwest receipts moderate. This ought t« give us a fair market. Isb sentiment increasing on the sun pect of big Kuropetn demand. We look for gradusl Improvement In prices. Corn sndf oaUr'very firm, considering fa rumble weather, and receipts, while vers friendly to both, we believe profits should be taken on quick rallies. We believe the wheat action of the market yesterday and today Indicates It Is toppy. Now support has not been found to con tlnue tbe buying around 70m and speculative trade has fatten off shandy. This Is the eak feature. Would sell wheat and wait >r chance to buy a cent or two lowsr. Provisions opened lower with Cudahy sell* ng November Isrd; later Imught January ard and offerings are less. Looks like there might lie some good local buying of tbe it Private Wire to Ware ft Leland. Chicago, Sept. 28.—The crowd would bull wheat Tf it gets a chance. Offerings not “ ^e. Sentiment hardly as bullish and vet _„.)n^th Increasing In other grain helps W Longs In oats taking some profits on this advance. Commission houses buying. No nnsp to wheat. It Is due for u break. A demand for December oats by locals.' These coarse grains attracting more atten tion. Chicago Inter-Oeean: The extent of crop deterioration In the nortltweat and the rea son for the small movement Is !>ecomlng apparent. The rains after harvest have caused more loes In quality than in qunn- “ty. A message to the Northern Grain Co., which startled the onts trade In the last hour, said: “Line houses report oats In the three northwestern states badly dam- nged. They estimate that less than 25 per cent will grade No. 3 white, and that the . rop of the throe northwestern^ stntesjtas ( May. Sept.!! K lTw LITHE fEITlM TO WHEAT MARKET Opened Steady and Un changed—Commission Houses Sold. war not yet explained this Is expected to Invite support to Colorado Fuel and Iron. ‘el Odell ft Co.: Political situation ..fusing anxiety. The probable nomina tion of Heurst by the Democrats caused innrkot to sell off yesterday nnd It Tnsy go some lower today. In which event the good railway stocks will be a good purchase for - turn. Think Southern Pacific best one on list. "Banks are discriminating ngaiusf Indus- The New York Financial Bureau snra: Polities seems to govern the stock market fluctuations now. Money really rules. Thr bridge from September 28 to October 2 re mains to Im» crossed, ns stated. Next week the sky will be clearer all around. Further reactionary operations would not surprise u» today. No serious decline generally seems likely. It Is phUuly a shake-out. tundnmentnl* are strongly bullish, but spec ulation, as we have so Jo. in held Ju check hy money lack. News developments over uight make the political situation look i Henrst (Democrat), and eltaer Hughes IP Boot (Republican) to us. The best course to pursue In general la' the conservative one. but we urge you to buy on the weak snots, for scale-down .orders are absorbing tbe best issues for another rise. Private Wire to Ware ft Leland. New York, Sept. 28.—London irregular and tending lower. • Anaconda off 2ft early. Cobsldernble stress Is hetni made on the ladlef that Ilonrst will l»e nominated, and ns Secretary Shaw has not a* yet tsken atep* to relieve the money market It nat urally creates uervousness on the part of the timid, especially In view of the very heavy disbursement In October on dividends nnd trust companlea having to Increass their reserves 310.000.000. It Is doubtful If excesslre rates on call loans will t»e permitted, but small flurries can be expected. The ndarance and strength In copper raatal should weigh more with holders of Copper LITTLE BUSINESS Traders Only Backing and Filling—First Selling, Then Buying. TALK ALL BEARISH The Political Situation the Chief Topic—London Was Small Buyer. ijjl ».D 9.17-1* 9.15-14 J Wt 9.3 9.26-57 9.2S-24 9.32-31 9.32-33 9.41 9.49-41 ».:«-£ 9.55| 9.54-56} 9.31-33 Chic,40. Rrpt. 26,-Whf.t cloaial Uo lower, corn *®Hc up. oat, ipilneil HOlic, anil prorlalon, were off 2H®tc. Cn.h rale, wlicet 10.000. 25,000 lui.bel. corn , here, 20 liMd. wheat, Im.liel* oat, at the I'rlmary rccclpti of wheat 920,000 hu.helt anil corn 1,041.(500 ■— fc ,000 _ lmahel., couiparcil with ,216,000 and 712,000 raapwtlvelr n year oao. I'learaucca for the day: \\bent 1,<®.000 liu.licl., corn 144,000 bu.licl., oata 45,000 huabelt. CHICAGO GRAIN MARKET. Open. WHBAT- 72% WVi fe ? ft ft a deteriorated 25 jmt pent since the govern ment report." Local professionals who had this message Increased their linos and May sold up to 36fte. where It closed. Cash business lu wbent In Chicago Tues day was 32,000 bushels mixed lots. Hales of corn were 88.000 bushels. Including 60,000 bushels for export, nnd onts 530.000 bushels. Duluth sold 128.000 bushels of wbent for export, and Chicago exporters sold 98,000, part afloat, and all No. 2 hard. Export sales In nil positions. Chicago nnd all seaboard ports, were 400,000 bushels wheat ond 58,000 bushels corn. Northwestern messages said the move ment of all grnlus depended on the capacity of the railroads to furnish enrs and motive (tower. Interior elevators are filling up rap idly. nnd where cars have been loaded they have. In numerous Instances, been left standing on side tracks. September deliveries yesterday were 20.000 bushels of wheat, 139,000 bushel* of corn. 85.000 bushels of onts, 750 tierces of lnrd, 60.000 pounds of short rilts. A Duluth exporter wires: “Wbent looks very hcnlthy Indeed. Buying business in Mnnltohas for export and vsry close on Duluth* today. Continent seems especially anxious to buy. Wc sold sixteen loads for export today, port MnnttolNi snd part Du luth. WEATHER IN COTTON*GELT. a imi Jan... 13.35 LARD- Hept.. 8.95 Oct... 8.92ft Jan... 7.82ft RIDES— Hept.. •t... 7.85 8.90 8.16 7.80 8.90 8.87ft 7.82ft 9.00 8.40 8.42ft Jan.... 7.12ft 7.15 t AHn WHEAT- r No. 2 red 7&074; No. 3 do 72ft073H 2 hard winter 7274076; No. .3 do ?O074. 8.90 8.96 7.10 9.00 8.85 7.10 8.90 7.82ft 9.20 8.40 7.12ft Wheat Corn .. oats .. llogs .. LIVERPOOL GRAIN MARKET. Wheat—Open unchanged; 1:30 p. in. un changed; cfose, unchanged to ftc lower. Corn—Open unchanged; 1:30 p. m. un cbiuged; close higher. ..6.60-6.66 # 6160-6.65 THE METAL MARKET. New* York, Sept. 26.—Tin steady, with a alight advance In offerings for spot and nearby deliveries. Lead and Spelter ateady. GIBERT & CLAY » K. ALABAMA AT. STOCKS. BONO*, COTTON. ORA IN. COFFCC. PROVISIONS ATLANTA. OA. ^ yckx* codoo essie; K.w Yotk Coffee Eii'hauic.I.N’.n Orlran. Board of Tn Chlr.go Board of Trad,. ..Llrerpool Cotton Araoct.tloa !, |Galveston Colton Lichen,*, • I’rlrat, Vflrea to all Exchaaf#.- , u .. t-oeal and Lena DliUnoo Tolephono 5298. W. n. FAGAN. Mnnaflar. ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone, Main 8?8. ATLANTA. GEORGIA. ' T.xne—Iinllne dear *nd cool. _ Tyler clondv anil coni. Fort Worth and Tonmle cloudy nml nlaty. Helton and Ran An tonio rlenr nnd ntearant. Newton olouily nnd drlixllnx: rained laat nlKhi aud yes terday. Canton cloudy; rained nearly all nl ?llralralppl—llattleidinra eloiidy and very rool. Merldlnn cloudy, root and threaten. 111*. Ynxoo City cloudy nnd cool: hard rain laat night. Jackson cloudy and pleasant; Inst nlfht and yeaterdny after- .-n.ndv nmf pleasant; rain- _ _ VIckMinrg tbresten- Inx: hard rain yeaterdny and la»t nteht. Alnhamn—Mont*oniery cloudy nnd thrent- etilna: rained yeuterday. Mobil, clear and cool; rained laat nlfht. Reims clear and cool: mined yeaterdny afternoon. Opelika cloudy nnd very cool: llaht rain renter, dny. Eutaw nnd Troy cloudy and Vena- * Georgia—I’oliinihii* cloudy and warm. WEATHER IN WHEAT BELT. Extreme Northweat-Oenernlly dear; to 45 above. Northwest—Clear ami cooler- 35 to 60 above; fro«t nt Bismarck and Minnesota. West snd Southwest—Partly cloudy; 35 to 88 above; light abowers In eastern Iowa; local rains In Missouri. Ohio Valley-Cloudy; 80 to 86 shove; gen eral rains. WEATHER FORECAST. NORTHWE8T CARS. Tbs following figure* give the northwest cart of today, last week aud Inst year: Laat I.aat Today. Week. Year. Georgia. E.»«t Florida, West Florida. Al abama. Mississippi and l/>ulsnsim-Hsln Wednesday nnd Thursday; brisk to high northeast wind*. . East Texas—Fair Wednesday nnd Thurs day except rain Ip southeast portion; fresh northeast to north winds. Arkansas-Bain Wednesday; Thursday ^Western Texas—Fair Wednesday nod ^IllluohtTartly clondv and cooler north; rain *outh tonight nnd tomorrow. Indiana—Bain tonight and tomorrow Wisconsin—Cooler tonight; probably light Minnesota. Iowa, Nebrn*kn-Falr tonight; frost Thursday. \ , t Mlssonrl—Fair west, rain In east tonight simI probably tomorrow. Dakota* and Montana—6 air tonight and ♦morrow; warmer. K.;iirh*-Fair uud cooler tonight; tumor- movement of wheat and corn: Wheat receipts today, 929,00 bushels against 1.215.00 bushels Inst year. Khlmuents today 893,000 bushels against 474,000 bushels hist year. Corn receipts today 1.041.000 bushels ngalnst 712,00 bnnhels Inst year. Shipments today 480,000 bushels against 340,000 bushels last yesr. COTTON SEED OIL MARKET. Opening. Closing Hcptember October “* “ Novemtier. , . • December. . . • January March May Closed steady. LITTLE IS NEEDED TO MOVE COTTON >. *Z,, Y 2 rk V **?*■ ? Hun says: “fn P rof ™ on . n > market like the nres- « comparatively little la needed to »».ra n # 1 th *’ «>ther, nnd yes- * ;«*or»lool storm off ^ A?! or, .! n ,u,r . ,lt ‘’MUse heavy rain* In the Atlantic section of the belt, jr not elsewhere, were alone sufficient Zj'S&BaSf especially a* rain predicted for many parts of the licit. n J.i u ***** heavy ralna, ond aI,u !' Moreover, the LIverptNil mar- ket allowed unexpected strength, and poo- fi oro '*«»mbfounded to find that the Houta was offering less freely In the inur- rt i D # J 1 '*** w this widespread prosper- Jx off the cotton manufacturing Indus- IK* *i W< 7 , . , *i reasonable presumptlou fhht the takings by the mills will lie very ■W' n i lf ,lW| rs P«lnt out that during Up. ,aBt y;«r" the Dig gaps In stocks nhlch were inode bv the famine years have been filled up, that small dealers nre bet ter supplied with goods than they were ***** ogo, and they affirm that, ;Sf££! 0 L?.’i. ,! n " v »>nppon that American cottou will fall considerably. To most peo- P e. however, who take n dispassionate new of tho situation. It looks as though the consumption would be lnrge. and that thereof would be an ample supply to meet *“ ^ >l<f Jsuuary.''— generally. Dow-Jonts' summary: Americans In Lon don Irregular nnd rather Inclined to sell off. Indications point to nomination of Hearst. Home prospect of Charles E. Hughes be- Ins nominated on Itepuldlcnn ticket. President Fiitma. of Cuba, abdicates, which may force Intervention by the Ublted Htates. Colorado and Southern earning capacity ow approximately 5 M0 per cent oi. com mon stock. % Bock Island report, analysed, showed equity for common stock equal to 2.10. per cent. Light demand for stocks In loan crowd. Eleven roads for the third week In Hep- 1 per ee Twenty active railroads declined 1.55 | cent. low yesterday’s lowest. But the main operations, even at the start, seemed to comprise everything of profits on this sldo which had accrued from yesterday’s decline. This covering, along with a moderate amount of buying of a more substantial nature, soon made Itself felt In steadying the general list. Prices rallied fractionally as a rule during the first boar, and then ‘ — * The more news from conventions. Now York, Sept. 28.—Tho itock jnarket opened Irregular. Consoli dated Qas started In a point lower and rallied half. Brooklyn Rapid Transit declined 7-8 and Union Pacific 3-8. Reading opened unchanged mad ad vanced 1-4. American Smgltlng was unaltered. Atchison advanced 1-8 then lost 1-4. Pennsylvania and Amalga mated advanced 3-8 and Baltimore and Ohio and Anaconda rose 1-2. The stock market through the first hour ruled quiet and generally firm with little business In any part of tha room, and trad ers simply backing and filling, first selling THE LONDON STOCK MARKET. STOCKS SLUMP IN LAST HOUR New lork, 8ept. 28.—There was no Im mediate cause for the break during the laat hour, though lack of support has been a conspicuous feature of tho trading today, ns far as large Interests ore concerned, and the market looks ns If stop orders had been reached In some directions. during tbe next few days, augmented icrcasing apprehension engendered l»y malIncas of tbe new crop movement. Ne frat: “The not , MC nntn race riots may nffect the cotton lielt labor situation, and the prospect of wet fields diirlor *“• * *— *— - - the ln«*roaaL__ the smallness nnd bullish sentiment received sufficient Im petus to Impel some short covering, lie- jond the shadow of n doubt, there Is vir tue In tbe argument tlint the farmer mid interior merchant will !>e In better posi tion to enforce demands after some of their debts shall have been paid. Hence, the outcropping of a holding tendency may now mean more than most folk who at tribute the small movement solely to late ness of the crop are willing to admit. Forced selling Is ami will always be a part of the game between the producer and the buyer, but the vital germ of seif Intcrcxl hns been planted deep In tho farmer’s aunt omy, and It Is growing and spreading con atantly. This factor the talent should not ‘more. When the farmer demauds nowa ys, he does so Intelligently, rndlenl ad visers snd perpetnnl pessimists to the con trary notwithstanding. However, the real struggle for price supremacy will develop Inter on. Meanwhile, a hit of floundering lu the scalpers’ ranks will fool uobody.’’— Ware ft Inland. iimin'-i h*tit.ii (inyr, nml was n strong Intllrntfnn of tbe nUllud. of Icdlnc Inter* Mta.-Olb.rt A Clajr. NEGRO SHOOTS WIFE IN NEIGHBOR’8 HOME. Bait year 6.500, natlva Chrl.tlan. were added to the church In Japan. Th. largest anchor ever made weigh ed 10,600 pounds and cost nearly 310, 000. SOUTHERN EXCHANGE Oldest Established Office South. CO no*—STOWS BONDS GRAIK Ground Floor Gould Building. Dally market letter nnd market manual mailed on application. LJ. ANDERSON & CO Bankers and Brokers, COTTON, STOCKS, BRAIN Correspondent's Capital $250,000 REFERENCE. THE NEAL BANK PHONE MIT. PRUDENTIAL BLOC Rpeclal to Tho Georgian. Wilmington, N. C., Bept. 26.—Today when William Athe, a young negro, discovered hi. wife In hiding In th, house of u relative, he opened Are and killed her a* .he wo* attempting to ..cap. hi. wrath. The woman fled from h.r home Sunday night becauee of a quarrel during which her hueband threatened to kill her. Thle I* the eecond murder committed here by young negro men within f6ur days. STOCKS— Anaconda Atchison Canadian Pacific ... . Chic., Mil. sad St. Pan!.... Erie Illlnol* Central Loulavllle and Nashville.. Heading 145ft; 1!6‘£ ISO ~ Pennsylvania.. 1 Iftft 1 MV Hi •'* Southern Pacific.. ~ ‘ Union Pacific... .. , Uulted Htates Steel, do. preferred. . . t*rr. Cloe ClOft M 96V 185ft 185ft 1*6*. 44ft, 4»ft, ».V* 106?nil06ft?106*I STOCKS REVIEWED BY NEW YORK SUN New York, Sent. 26.—Tbe Sun .ays: "From etert to finish, the market ycaicr- dny waa under the Influenre eoncemlnK the allegeif probehllltf of the nomination LEAPED OFF FA8T TRAIN TO 8AVE PET BULLDOG. Kenosha, Wle., Sept. 26.—In an ef fort to save the life of a pet bulldog, William Sheehan, of Milwaukee, lost night leaped from n train running at the rate of 40 miles an hour. He fell by the aide of the track and escaped- with slight bruleee. already l>een ae- eata naaertlng the belli. B end the platform na were talked about would not receive the support of tbe con- servntlre element of the perty, nnd could not win without It. Secretary Shaw gave no Indication of his purpose attributed to LI—®..# #...(1... Ih. .la glMtvntir pursued tor M year aud 1 ■ •lowly advancing tbe rata to a level in* tided by.the prosperity In the metnl Iihiur- trie*. 41 raid on tbe stock followed tho dividend announcement, and at the close the Intercut* working for a decline attun ed to be for the time being In control of the market.*'—Utbert ft Clay. —I LIVE STOCK MARKET. T Chicago. Bent. 28.- ceipt* today 30,000. Ity fair; laft over 4,687; hulk 16.35^6.65; tlmated for tomorrow 727,000; light $6.30 08.75; mixed 16.1508.77ft; haaiy 3.5.ffili|J8.77ft; * ^ 35.8506.70; yorker* olee heavy 36.65© tad receipt* 18.000. Market fair; beavea 33.8506.05; cows era 3L 404M.S: c*l*e* $*# -rim* ateera 35.%06>u; poor to O0ft.iO; atockers aud feeders hheep—l — slow and weak; aotlltg 5.50; ytarilnga ffi.4006; lambs 34.2507.6J; k^*r Ovfaaaa, cottonVgraw, ?ROVISi5n5, I STOCKS^ > BOND3 i H$. 2 Faff SI., refers Building, Atlanta. Ca. Arw Orleans Cotton ftchange. (•f* ft i2262. Wires to Mew fort. Ban Orient, Chicago. Chicago Board #f Trade. Chicago Stock tachaage. New York Coffee itchaago. LOWRV NATIONAL BANK CAPITAL, SURPLUS AND PROFITS OVER ONE MILLION DOLLARS Foreign Exchange, Travelers^ Checks, Brown Brothers’ Letters of Credit available in ail parts of the world. WM. L. PEEL, President. TBQUAff J. rEEPLE8, Ca*h1*r. BOBEBT F. MADDOX. Vita rresldanl JAMES G. LESTER, Assistant Cashier. MADDOX-RUCKER BANKING COMPANY. CAPITAL $200,000.00 SURPLUS AND PROFITS . . $500,000.00 Accounts, small as well as large, invited. 3 1-2 per cent interest paid and compounded semi- annually in our Savings Department. Safe Deposit Boxes For rent in our vaults in tbe basement of the Empire {Building for only $5.00 each per annum. Absolute Security and all Modem Conveniences You should not be wilhoul one. We invite you lo call and inspect them. Title Guarantee and Trust Co. Frank IUwklos, President. H. M. Atklmon, V. P. Tnmni* C. Erwin. As*t. Cashier. Joseph A. McCord, CaaMer. It. W. 0yera. A sat. Cashier. Third National Bank Capital Surplus $200,000.00. $300,000.00. John W. Qrmnt. DIRECTORS: j. n. Nianal Frank Hawkins. J. Carroll Pay II. M. Atkinson. E. B Roraer* Joseph A. McCord. David Wood*