Newspaper Page Text
THE ATLANTA GEORGIAN.
*£
Mississippi Is Believed to
Have Been the Great
est Sufferer.
300,000 BALES ARE LOST
No Information From Other
States—Reported Texas
Crop Escaped.
New Tork. Kept. SR.—At the opening of
(he cotton merket. trade wn active end
(rut price* were unchanged to 4 point*
higher on better cable*, and aaaurancea
that notice* lnued for about 60.000 hale*
would be (topped. The bear tradera net
rrtheleie put oat a lot of cotton In an ef
fort to fore* a break. At the end of Of'
teen minute*, price* were holding tbelr own
it about 1 point* under the opening
r*nge.
The wire* were working badly thl* morn
ing, and tha apeculattre market*, eipe-
rlallx cotton, are acting aa though It I*
* goes* a* to whether price* ahoutd ad-
ranee or decline, the majority apparently
taking the abort aide of the gueu.
New* la very acarce a* to the damage
sustained by the crop from heavy ralna
and high wind;-but the bean, working on
the theory that "no new* la good new*,"
were on the winning *lde during the morn
ing ****ion. no definite newa having heen
received from aectton* In which din
of a aerloua nature la claimed by
bull*.
Following la the range In the
month* In Liverpool today:
Open. High,
October-Novemher 6.0* 6.10
Jtnnary-Kebrnary 6.0* 6.0*
March-Aprll \ . . .5.12 5.12
Majj june..... .. .. .. . ; 5.1444_ I.1IV4
nage
the
active
Low.
6.0*
6.07
6.U
1.14
The opening waa unchanged to 4 point*
higher, despite the fact that Liverpool wa*
■lightly better than egpected, and report*
early of enormou* damage to the crop In
NEWS AND GOSSIP
Of th« Fleecy Staple.
■lea, valued at ltf.1
The bull element la without a competent
lender. If It ha* a leader of any kind. The
irouci ■ n it ume • - _ _
good Liverpool, the eevare *torro and toe
Strength In the apot market* are de
cidedly bulllah Items, yet cotton barely
“hold* It* own" in a apecuiattva way. The
outelder la not playing the market **J
dently, or fluctuation! woula cover a much
wider range: In fact, JOtyeO-poInt flavin*
would be mueh more fre
tlona would be mueh more frequent but.
' In aueh rapid aucceudon that the
would aoon be ennvlnced that
w*ya,
"nutr
view of the market Thursday, *aya:
"The weather report* late aeemen ru
ahnw that there had not heen much dam.
age don* to the crop by the ralna reported.
d the market.
here would bo a much
near’ the"Tiii* for th* Washington >rfadl-
tlon guou. The public has had Ita ex
perience. and la miapiciou* of Washington
Private Wire to Glbert 4 Cloy.
veroool at 1!:*) p.
“r ZtL 1 * higher. Wa* due unchanged.
.tidieIC ool e c,blM: "Market auatulued liy
•crenfth or near month* owing to South
bol.!!!,* above ahipplng partly."
rlrat October notice day today. Eatl-
to *‘ e vary great-
l y r7i tr tVS^ °°i t0 [ ni Pretilon la gen
eral that tendera would have amall effect.
Buyers reported looking for domestic cot-
w,th j* bber » to meet the
i. Tn eli l w forward. The market
la In Arm position.
>otiee* for nKout 10,000 hales are out so
out’ ^ 4lter 1 Hke 40,000 notices were
. The ■Journal of Commerce oaya: ruuaw-
!. n * . "wnouneement of advances In some
Te*tent«y the mar.
aer reepnndM with frequent rumor* of gen-
nearly all line* of met-
eliandiae. VI hue the volume of business lms
* n mnn . v Instances us It
* n * up to this time Inst year this has been
due more to the difficulty of getting goods
than to the character of the demsna In
■P £ fl . r "■ merchants now see the situation
ileve the demand Is shnplug Into un
usual proportions and foreshadowing a very
large spring trade."
Private Wire to W«“& inland,
flrnf n,«..Yi 0, n ’ , 8 * pt - *•—Wvwpool opened
A* n J« p . , l rt,,l,, - v 1 *»P 0,1 near and 1 up on late.
££ p * ®* *<634 up on near and 1014 up
on late and ateady. kales 4,0m. Spots 5
at 5.66. Futures were due to come un
changed with exception of October, which
was due to come 2 higher.
k.Si ,r Er n,OT h b "M®« * Pc «ay: "We have
had three days of storm scare which has
SXZJVX? 1 * to *he jnilf district.
*■ ralaed. We think thl*
vor*aahe, 'on tArZZP' r * rd ' “ Ud
THURSDAY’S NEWS
FAVORED ADVANCE
New York, Sept 28.—The Sun says: After
• prolonged period of fnrorahle condition
the cotton belt la now threatened with tn«
opposite state of things. A West Indian
worth has broken In the gulf and. it la fear-
The
that there wa* any truth *in 'some* 1 of the
l« r W rumors that TCew Orleana had heen
visited by a tidal ware dlsaater almost
equsl to that of Galveston aome years ago.
It would have to be a remarkable tidal
wnTe Indeed to reach the Crescent City and
do harm that waa done to the leading city
of- Texas. But soro* Interruption or tele-
~ service seemed to give color for a
.— „ sinister rumors, and It was In the
excitement natural to anch a time that
prices were forced up sharply on October
and to a more moderate extent on other
months. The weather bureau predicted rain,
“ * **’ , J * ‘ley, Cleor
In North
... ...« ww|,*vuiifi,i dcterlora
tlpn has heen greater than the normal.
Liverpool, too, was higher, the spot i
were strong, nnd, although there ..
doubtedly some increase In the receipts at
the ports and the Interior towns, the crop
movement Is not so large ns It ought to l»
If the maximum crop estimates of the hear*
nre to be accepted. Bears fear further
ralna, a possible drop In the temperatures
and a possibility, too. of rather bullish
monthly government reports next Tuesday
on the condition of the plant. If not the gin
nlng. Spot markets were higher In spite of
Increasing recelpts.-C*lhert A Clay.
L. J. ANDERSON A CO/S
DAILY COTTON LETTER
Edited by
Mr. Lively's twenty-fire
years' experience of ed
iting markets in Atlanta
Joseph B. Lively
IVI/YI\I\L 1 j
end the South has made
him * recognised au
thority In hla specialty. i
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
NAHB OF STOCK.
iatoSSt*:::
American Sugar Kef. ....
Anaconda
American Locomotive.. . .
do, preferred
Amer. Smelting Kef. . . .
do, preferred
Alchlaon
. do, preferred
American Cotton OIL . . .
Amer. Car Foundry
Baltimore A Ohio
Brooklyn Kapld Tran.. . .
Canadian PaclAc
Chic. & Northwestern.. . .
Cheupeak* A Ohio
Colorado Fuel fc Iron.. . .
Central leather
'. pr,r " rt< l
Chic. A ureac iVeat'n. . .
C'h c.. Mil. A St. V
Delaware A Hudion
Distiller's Securities... . .
Erie
do. preferred
General Electric
Illlnoli Central
Amer. Ice Securltle*
Lanlardl* A Nashville.. . .
Torsi
NAME OF STOCK.
N. Y.. Ont. A We,tern.
Nntlonel Lend
Northern I’acldr. . . .
New York Central. . .
Norfolk A WestarnT. -
teW*-.-.
Pressed Steel Car. . .
Beading
Kepulille Steel
Rock Islaod
Un.SiM»bW:
_ do. preferred. . . •
Southern Pnelflc. . . .
Southern luilwey. . .
» UIWI A aPlUVi . . , * .
nltod States Steel. .
do. preferred. . . ,
Va.-Car. chemical . ,
do. preferred. . . .
Western Union. . . • .
Wabash
SOU 204 Wisconsin* Central .* \ \
96H wt do- preferrsd. . . ,
tales today 1.4W.W shares.
NEW YORK.
The following (a the range to cotton fa-
tures In New lorfc today:
Sept. . .
Oct. . ..
Nov. . . ,
Dec. . . ,
Jan. . .
Feb. . .
March. .
May. .
closed "
9.591
til
II
.... vsm
9.08 9.0*08
9.14-16
9.22-28
9.9- 80
9.86 38
8.9- 46
9.68 54
&
rm
9.02-08
9.1214
9.28-24
9.80-31
9.87-89
9.46m
9.6647
A dispatch to Glbert A Cist from 5
Orleans s*ja about 60 per cent of the t
ton crop is damaged bv the storm of
Thursday and Thuraday night, but the Tex
as crop waa uninjured.
Estimated receipt* tomorrow;
New Orletna..
Galveston*..* .
Houston..
1906.
.. 8.600 to 6,600 6.684
..14,000 to 16,000 16,019
.16,800 to 17,800 14,906
inniioa,, ,, ** ,« •• **'•/*
The market at th* cloae wa* very aleady
In tone, with price* net 2 point* higher to
> point* lower.
SPOT COTTON MARKET.
Liverpool, apot eotton dull and alendy;
middling uplanda 6.**d; aalea 4,000; Ameri
can 2.NO; apecnlatton and export 400; re
ceipt • »,M0, all Amerlcau.
Atlanta, quint at »%c. _ .
Now York, quiet at ».T0c; aalea_S» con-
•umptlon; delivered on contract 2,600.
New Orleana, Arm at 614c: aalea 2S; de
llvered on contract, 1.000.
Savannah, ateady at *!-16c.
St. Lonta, ateady *t Wic.
»™ q ;
Mtmphla, ateady at 6B-l*c.
Norfolk, Arm at ovic. „
Charleaton, ateady at 914c.
HOSTLER INDICTED
DY THE GRIND JURY
Spacitl to The Georgian.
Chattanooga, Tenn., Bept. 28.—The
grand Jury haa Indicted John Shamo-
tulskl, manager of Lookout Inn, and
his bartender, H. H. Harrla, on a
charge of selling liquor on 8unday. Mr.
Shamotulakl and Charles Jung, of Cin
cinnati, own the majority atock In the
hostelry.
The marriage of Montgomery Schuy
ler, Jr., secretary of legation and con
sul genera! at Bucharest, to Miss Edith
Lawyer, daughter of the late Dr. W.
P. Lawyer, of Washington, took place
on September 1.
In pursuance of It* policy of mark
ing the historic houses of the city the
corporation of Bath has placed a me
morial tablet to Henry Fielding and to
his slater Sarah upon the wall of the
house in which they once lived.
The late Henrik Ibaen was once ask-
e<l his idea of Americans. "Well,* said
lb*en, smiling, "It Is my Idea that the
average American baby, live or six
months old, sits In his mother’s lap and
*ves his own cradle to see If he can’t
Invent & better one, or at least sug
gest some Improvement."
New York, kept. 28.—Liverpool, while
stronger than due to meet our close of
yesterday, waa nor as enthuilaatlc aa the
bulla bad hoped for. hence our market
did not open aa atrong as expected. The
bulls had expected the damage reoorti
from the cotton belt on account or the
stonh te enable them to run the ahorta
to cover In n hurry. But. Inatead. the
big shorts refused to become frightened
nnd put out further llnea at the higher
— — ippl v
however, Indicate that considerable dnmai
1 storms seme to l»e upon us, nnd with a
bulllah government report expected
Tuesday, we think It best to buy cd
on all of the recessions.
WEATHER IN WHEAT BELT.
84 to
Extreme Northwest—I'srlly cloud;
52 above.
Northwest—Partly clondy: 48 to M above.
Went ami Southwest—Partly cloudy; 42 to
68 above; light frost at t’oncord; general
ralnk In Illinois; local rains In lown.
Ohio Valley—Generally cloudy; 66 to 74
above; local rains.
WEATHER FORECAST.
and probably Saturday; -fresh to brlsl
southeast winds on the const.
South Carolina—Rain Friday; Saturday
fair; fresh to brisk northeast winds.
Fast Florida—Showers Friday; Saturday
fair; fresh southeast winds.
West Florida. Alabama, Mississippi—
Showers followed by fair Friday; Saturday
fair; fresh northwest winds.
Louisiana and Eastern Texas— Fair Friday
and Saturday; fresh uorthwest winds.
Arkansas-Fair Friday; Saturday fair and
West ’ Texas-Fair and wormer Friday;
Saturday fair. .
Tennessee. Kentucky and West Virginia
ns In Friday nnd Saturday.
Illinois. Indiana, Michigan, Ulsconsln and
llnnesota—Itnln tonight; partly cloudy.
lown and MlMonrt—Rain tonight; Satur-
NOTES ON GRAIN
Pointers on Proviiloog.
Private Wire to Ware & LsUnd.
Chicago, Sept. 28.—Strength In the wheat
altuntlon well maintained ovsr night, bulls
seeming to have good control of market,
and nre favored by the developments from
day to day. y
Chicago inter Ocean: Duluth Is furnish
ing most of the export new* on wheat. Iw»-
Ing the largest seller of spring wheat to
the seaboard and for direct shipment.
Good sales of No. 1 hard nnd No. 1.north
ern were made yesterday. There was
some Manitoba sold to the seaboard, but
the details were not given out. Aino*
and now bend the bolls. A message from
them that was well distributed among the
trade: "Ilegardlee# of nearby fluctua
tions, «It looks ss though the level tor
contract grade# la going to be nearer 90c
than fiOi',’™
liomlp In oat, la that til. Well* line*,
at lent, the greatef part of It. haa
been unloaded on the advance. Wells
however, continue* to take rash, oats on
weptember purchase si tl»oJ are delivered,
anil haa palil for the areater part of the
- ■■ - - 1 •*- which are creillteil to
Company, originally
the line waa estimated at 6.0W.00O buibela.
but It ha, been jrradually cut dowx.
cash hii.lneaa In wheat In alt poalUona
In Cbleaio yesterday wa* 1*2.000 huahela,
Incliidla* 90,000 bu.liel* of winter and 90.-
000 biiahel* of iprlii*. Sale* of corn were
225,000 bu.liel,. and of oat* 153.000 huahela.
Uuluth did a good export huelneaa, but
withhold It, A fur,*- At th,
port rate, of wheat
LIVERPOOL.
The following flguree give the opening
range nnd close, compared arlfh yeeterday’s
close
Futures opened quiet and ateady.
Opening. Prevloui
Range. Close. Close.
September 5.27 -6.28 6.294 6.27
Sent.-Oct,
Oct.-Nov. ,
Nov.-Dec..
Dec.-Jan ....
Jan.-Feb 6.08 -6.09 6.074 5.07
Feb.-March 6.00 -6.104 §004 6.09
March-Aprll 5.12 -6.11 6.114 &U
Anrll-May 6.J44-6.14 5.18 6Tfy
Mar-Joim 6.164-6.154 M44 5.14V.
closed barely steady.
.6.04 4.04 6.06
5.0644.074 6.06
OPENED STRONG:
On
Higher Minneapolis
Club, Better Buying, Liv-
pooFs Response.
NEW ORLEANS.
TJSriffegffrtawyMBf* ln eottoa
sepiT
Oct. .
Nov..
Dec. .
Jan. .
Fob. .
March.
Ma;
lay. . . .
(Mooed at
9.17
ateady ~
9.21-24
9.2628
9.29-80
9.89-40
iU
*■**■71
Ltt
TW
SiY
9.18 2,
9.17-M
9. IMS
9.5354
M8-70
CHICAGO GRAIN MARKET.
for'^tod.y JoHowi*'" 1 pr0T " ,l °" lu^tlon,
STOCKS AND BONDS.
Bid. Aiked.
Ill
..He—Bo you’ve been hunting up In
the north of Michigan. There Isn’t
"'t'h frame there at thl* time of year,
l« there?
She—R at her! I brought down an Elk.
—Detroit Free Preaa.
«*
Sarannab 6a. 190#.... .. .... ..iafa
Macona «*, I9W. 10*
Atlanta, 6», 1911- JO*
Atlanta, fit*. 1M2 J07
Atlanta 4a, MM.. }*
Atlanta and Weat Point. . . 145
Atlanta and Weat Point D*t>t»..107
Central Hallway of Georgia tit
rto.
do. 2d Income
do. 3d Income
Georgia. !•
Augusta and Savannah. .... *JS>
Southwestern }W
ala Paclllc l*t* 120
1 and A. lata 112
SL
it«S
r
117
&•
LIVE 8TOCK MARKET.
.hail* higher: quality fair; loft over 4.
104; bulk fA25**.«0: eatlniated for tomor
-nv ll.OOf*; tight h<»g« fb.lfi^6.6o; mixed
86.1006.674; hffl VV S5.WM6 674: r«'»sh
6.15: Pig* 85 70^6.50; x^■ K *36.60;
good to choice heavy $*.66©6.674.
Cattle—Estimated reeelpte 4jgW. Mnrkef
steadv; qnalftr f«Ir; beeves 88.8606.90; cow*
heifers fe.4006 25: csfres
SlsT* 1 good prime atcer* $6.3636^.90; to
met!fain 83.9906.89; Stockers and feeders *2.40
Sheep—Estimated receipts 6.000. 3Inrket
•tronir- nualltv go*xl: native 83.100*#.60;
mbit wWs.SO: yoarhn*. ».40g«; lamb*
J4.25«7.«0; western 74.atli.50.
GIBERT & CLAY
r . SWJfc.
correc. provision*
fc .T«rti Stock Bxchanga.INew Orleana Cottoa fcJJSRlSvaSSaal^Cotte®^
&EKS3S Eic^SIe.|N* e : OrlM°: BoTrd !?«|u.W^n Cotton
Private Wires toall Exckangey- caQAN. Msnansr*
a „d Lena OlaUnee Telephone 52M. W. R. FAGAN. Man*a«r.
ATLANTA. OA.
i Beard of Trad*.
ALONZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
Bell Phone, Main 858.
GEORGIA.
Empire Building.
ATLANTA.
. the seaboard, ex
Wll ..jire 180,fO) l tsnel%
orn 50,000 bushel* and oats 90,000 bush-
rhtrt.r* were m»dp her* for 76.000 linth-
ol* of whent. Ornln lo*d» wet; hard to get
yealenlny, and the rate on wheat waa no;
"•^We^are gottln* a light ran of bora
now who, we abiUd N wjrttii £»J
receipts,’ en*d r. s»tckef In tb* sfmner,
when receipt, of U< were ct pccie^.o Vo
light, farmer, aeeme«t to b* ImpreaaedI with
ibo aelllna Idea aa aoon aa the roarhet lie-
an tc braakT am! they marketed thrlr
ox, freely In the anmmer. Now w* are
having a light jup In conaeqcai’e#
Private Wire to Glbert A Clay.
Chicago. Sept. 2».-I-oo*r trader, aeem to
be loaded with wheat and having taril work
t<» act It up, on any sign of weakness tnrj
Look 1 * 1 Ilk* wheat waa getting ready to
nrenk. Advlae taking proftta on roll* wheat,
nnd If on* bn* nny nerve »el! It *hort.
lint her cell December than May.
A great dsol of long wheat has l»een com
ing out this morning both here sud ut
Minneapolis. There ns* been some com-
ndsaloniiouse selling, thought to be scalping
operations by hbearson, Hwmmll
ATLANTA MARKETS.
FRUITS AND PRODUCE.
0(flcl*n,T mrrertwj by Atlanta trul. and
Produce Exchange.
Lemons. $7.60.
Limes. 604178c.
B*na*fi*, t, *t ralgSjiMjM
Grow pluDA P»r *»«*■ ,,
Columbian prunea, per orate, ML
Ito.o I’eru grape*, per orate, 12.00.
Blue Mnlvofne grape*, per crate, 12.00.
Coconmit*, per *nck. |}i»
POULTRY AND COUNTRY
Live hen*, 26C37H*. frt*a, 22
* r ftre*^frie*. 1S®2°C P°'' n 'V '
BRt*r. P ?ihl*. 0, pef iwond, 20C225ie; cool
ioK^r
"Tfcfep-lrl.b
'’cnhbage (Virginia!, like pound: Danlah
‘Yl'mn Iieana per pound. «c; Navy, 12.70 per
bushel. _ . . .. «.
Onions, per bushel. IL2&.
New sweet potatoes. 69c bushel.
Krsut, 4-barrcl* 88.78
FLOUR* GRAIN. PROVr8ION8.
FLOI R—Posters patent. 86.00; Diamond
nntent 86 26; Mascoutab Star, 84.70: fancy
pStJSt: K60; Bed Cagfa. Mi * tybooD,
KlSr fancy, 13.90; spring whent imtent, I6.9>
®COitN—Choice red cob, 72c; No. 2 white,
70c- No. 2 yellow, 69c; mixed, Wc.
OATS—(Twice white clipped, 4lc: choice
white* 47c; choice mixed, 45c; Texas ruat-
pr MKAI^lMaln water-rronnd. par huahsl
67c- bolted. 140-pound Jntea per bushel, 68c;
Shorts, white.
81.30; pure bran. 81.10; mixed bran. 61.0*.
'IS-r'r mljid*'t!!o0;'do° lTh.*2*'or*r’ ulxti,'
Chicago, Eept. 18.—Cloning price* for
the day ahowed wheat 1-461-lc lower;
corn 7-8©lc lower to l-S<Pl-4c up:
oata t-lc up to l-4c off; provisions
unsettled and mainly higher.
Profit taking was kapt up In wheat
during the entire session. On* or two
big people etarted the selling and there
were many amall' tradera to trail on
before the cloae. Com, oa#a and pro
vision* qlosed rather, tame.
Weekly clearance* were 4,575,000
huahela wTieat and 4*6.000 bushel* com
compared with 2.0K,000 and 1,123,000
huahela, respectively, a year ago.
Cash aalea Her* 24,000 huahela wheat,
120,000 huahela corn and 45,000 bushels
oata.
The seaboard reported 5 loads wheat.
5 loads rorn and 100,000 bushels oats.
Primary receipts wheat ware 1,224.-
000 buahels and corn 545,000 huahela
compared with 1,264,000 and 420,
iJ
ii_S 9 8 8 g
i t 8 St it
Dec
May
„ COllN-
g5J‘;-
May.'.*.'.
OAT8-
fjept 2434
TIPS FLASHED
From Wall Street
on recession*.
higher range of values.
3S ,! b,
reason
dicatlona point to u continuation of tha
trading market temporarily. Next week wa
think * better market conditions will be
found. The shortage should he Jar
lnated by the expected rally. Thl_
duce professional selling again on strong
■pots on the theory of technical weakness.
A great deal of the selling yesterdtytwaa
highly speculative nnd was bssed on the
theory that no government relief would
come. This lack of relief would of course
have caused a stringency today and until
early next week. It should not uow be wit
nessed. Many stop-los* orders being caught
aggravated the decline In the late afternoon
Thuraday. but excellent buying occurred,
especially of the scale-down kind, aa will
he found when the daring shorts attempt to
l, “ w *-Klay. More gold 1
a * .1 — c ted. and there is
for believing they will he secured. Even
further relief can be expected by more de
posits If necessary on the part of Bnaw,
who can also redeem the bonds maturing
next July.
Private Wire to Ware & Leland.
.New York. Bept. 28.—London ■trong. 449
l ie up, Anaconda rlslug 4 points on Nsw
York buying, due to Secretary Bhaw de-
osltlng 626,000,000 In national banks
iroughout the country.
A v Ud .opening can ba looked for, aa
shorts will rush to cover, but wherever
•tiff advances appear, think It ndrlsable to
■ell out long stocks, with a view of re
placing them lower down. It la quite sp^
parent that certain wwilthy Interests hart
been steadily liquidating, and there are
goo<l reasons to bellere that advantage
will !>e taken of all upturns for Its con
tlnuance.
Dow-Jones A Co.’s summary:
American In Loudon booming 4£24tc
shove parity.
Becretnr* “
with bnnL_
will get $3,000,000 each.
re Is little rhnuce left t
terventlon In Cubs, and troops msy land
today.
STOCKS STARTED
STRAIN TONE
Due to Covering by Shorts
and Speculative Pur
chasers.
GAINS ARE LATER LOST
kept... 16.63 17.00 16.M 17.00-
J LAilD- MH U S ’* 1 *’ 8S * M '*°
1.55
1.8214
7.5234
Bept...
Oct.... 5.B31
Jan... 7.80
BIDES—
Bept... 8.80
Oct.... 8.86
Jan.... 7.074
(Asn wii
1:8“ ii
7.774 7.*
8.80
8.35
7.10
OAT—
8.75 8.75
■'1 2 rail 7434; So. 3 da 71B74; No. 2 hard
wluter 7254877; No. 3 do 72874.
CHICAGO CAR LOT8.
Ic papers
Hearst.
Steel earnings for the fourth quarter
may reach 840JW0.W0, and the total net for
“ie year 1165,000.000.
During October, 1,867. mlscelalneous com
panlea, not Including banking and trust
companies will disburse 631,140,621 In dlv*
dends. and total disbursements will exceed
6110.000.000.
Light demand for stocks In loan crowd.
Boston revives rumors of dividend on
Brooklyn Rapid Transit.
Twenty-nine roads for the third week In
September show an nverago o*osa Increase
of 18.99 per cent.
Gold engagements ngslnst deposits now
total 686.702,030, of whYoU
arrive.
8t. r«ul stockholders at the annual
tng September 29 are expected to
plan to double tho capital stock from
600.000 to 1168,000.000.
Twslve Industrials declined .06 per cent
Twenty active railroads declined .44 per
■1 me<
nsldei
SHUSTER IS CHOSEN
FOR PHILIPPINES
Weihlngtnn, Bept 25.—W. Morgan Bbnater
haa heen appointed hr President Rooastielt
* member of the Phlllppln, commission ti
dll one of the vsesnele* csuied by tbi
resignation of Governor Genaral Wright am
Governor General Id*.
THE CUQAR MARKET.
.
New Ynrk, Sept. 25.—Loenl refined and
raw sugar market, ateady and unchanged,
feindon beet market ,lemly; deptenlber 9,
1044*1; Oetolier 5, tlid.
ilVE-Georgla. 51.10; Tennenee, 50c. Bar-
ler, 95C.
the at
BUGAB—Standard"granojaled, 0.50. New
York redned, «*c; plantatlona, 5c. Market
''uOKFElf-Roaetcd Arhuckla’s 5I16A
bulk, In hag* A barral*. i3c: green, lot#
12 R1CE—Oarollna 4HOTHf. according ts
ffrnile New crop win «rrlv» In tw* week*.
* Cl!EEBI5—F*ncv full ere«m d*lry. lie:
twine. HV- Mnrket atrong.
PROVIBI(>NI4—Btinreme ham*. 15c. Dor,
hitiii. 15V. California ham,. 19.00; Red
crnM h.in«, 15c. Urv aalt extra riba, 59.15;
bJnie. JMiba.. 510.66; fat l«ck*. Ic; pUtea
r ' ” .reme larTl. 510.J2H: Red Croaa, 10c.
Boon Drift compound. 744c: Bed Crura. 744e.
J. T. II07J.E5IAN, President.
F. J. l’AXON. yice-Prealdent.
W. L. KKMIL Traaanrer.
J. W. ANDREWS, Secretary.
UNION SAVINGS
BANK
Four Per Cent Inter
est Paid on Deposits
ASSETS $150,000.00
Ona dollar starta an aeoount.
Hourat 9 a. m. do 6 p. m. Sat
urday! till 9 o’clock at night
thus, j. rr.Bn.r.n,
W. B. STOVALL. F. J. FAXON.
W. O. FOOTE, J. T. IIOLLEMAN
CLYDE BBOOK8.J. M. JOHNSON.
Wheat..
Com....
Oata.. .
Hoga..
.16,000 12,000
LIVERPOOL GRAIN MARKET.
Whrat-oncned Uc higher; at 1:80 p. m..
to C 4c n ^?gher “ ,fher; c,0 " ei1 unrbnngeii
Corn—Opened unchanged: nt 1:80 p. ra,
nnclinuged, nnd cloae<l unchanged.
THE PRIMARY MOVEMENT.
The following figures give the primary
movement of wheat and corn today:
* 1#****°W huahela, agnlnat
1,264.000 Imehfla lost year; shipments 653,000
biiahel*. 'Hgolpat 4^. laat.yeaL
Corn—Hecelpta
bushels.
420,000 bushels last year; ahipnients'IsT.'oOO
huahela, agalnat 641,000 buabefa Inat year.
NORTHWEST CARS.
: week and Inst year:
Todjy. ^Vk. igjj*r.
435
101
340
In recognition of the fact that the
youngest of the Hohtnsolterns, aon of
the crown prince and crown princes, wa*
born on the Fourth of July the Ameri
can colony In Berlin will present to him
a ellver cup emblaaoned with the Start
and Stripe* and th* American eagle.
HE LEFT HIS VALET
INTEREST IN ESTATE
New Tork, Sept. 21.—County Judge
Frederick E. Crane, of Brooklyn, hand
ed down a decision today admitting to
probate the will of Dr. Frank J. Freel,
who died on March 9, 1905, at Stony
Creek, Conn. Dr. Freel left hi* entire
Interest In a 5*00,000 trust fund to his
valet, Colbert.
CHRISTIAN ORPHANS
INCLUDED IN WORK
Saturday having been aet aald* aa
work day for the orphans,” and tha
call being signed by tha agents of the
denominational churches, the Chrlatlan
church orphanage was omitted by mis
take. They are conducting an orphan,
age at Baldwin, On., eapeclally among
the mountain whites, undtr the able
agement of William B. Shaw, and
... Christian church** and Sunday
schools of tha brotherhood are asked
to remember the work of the ’’Help-
Ing Hand.”
SOUTHERN EXCHANGE
Oldest Established Office South.
COTTM STOCKS—BONOS GRAIN
Ground Floor Oould Building. Dally
market latter and market manual
mailed on application.
L. J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, 6RAIN
Correspondent's Capital $250,000
RCrKRKNCC. THE NEAL BANK
PHONE ,4,7. PRUDENTIAL (SLOG
Philip Henry Wynne, . for several
yean connected with a Boaton firm aa
Inventor and designer of electrical and
other scientific apparatus, haa bean ap
pointed professor of physlca at th*
Univarsity of TKM.
Number of Stocks in First
Hour Sustained Material
Net Declines.
Sew York, Bept. 21—The weakness which
caused a decided turn for ihe better,
sum deposited with the bank!, to bo sure,
waa rather less than expected, and the
question wi, raised whether, distributed
orer the country In email amounts, the 136,-
000,000 would really give much relief, not
the Important thing waa that the secretary
of the treasury bad shewn unmistakably
his readiness to aid tha money market
strain, sad th* natural Inference waa that If
the present measure* should not prove ef
fective he would follow them with further
addition* to th* government deposit fund
until the stringency wa* Anally relaxed
New York, Sept. 23.—The announcement
that Secretary Bhaw would, deposit gov.
ernment fund* wa* reflected In a decid
edly I trong market at the opening. Price*
•howed nilrnnces nil along the line, rang
ing fromJWHHc, th* latter In Canadian
Paclfle. There ’
_-her* waa an urgent demand for
■took, by the ehorts, aed tha leading spec
ulative Issue, rose ebruptly.
y and held strong for the 1
ng. Hot Urge blocks of
y ottered «t the higher flguras, *nd * pree-
itock were prompt-
sure w** applied from bear*, the market
crumbling away. Before midday the lead
ing issue* war* down front their highest.
After a atrong opening covering by abort*
...id some apeculatlve purchasers caused ad
vance* ranging from M to over 2 points
Th* demand from all aourcea wa* quickly
supplied, however, and ofTera of stock con
tinued to be made In anch volume that th*
esrly gains ware lost before the end of
the flrat hour and a number of stocks In
that pnlod sustained material net declines.
New York Central waa uuder pressure and
there wae beery selling of Amalgamated,
Union Pact Ac, Southern raclAo and Pennsyl
vania. Th* declines of these stocks had an
~ rorable effect on the trading all around
room and more than offset tho effect
.he treasury action. Gartrnment* un
changed; other bond* steady,
THE LONDON 8T0CK MARKET.
STOCKS-
Anaconda •
Atchlaon - .
Canadian PaclAc.. .. >. .
Chic., Mil. a ad St. Paul.
Sri*
Illnols Central.. .. .. .. ..
: hiulsrllle and Nashville.. , ■
leading
’cnnayivanta
Southern PaclAc
S nlon PaclAc.. ... ....
nltad Stats* Steel. .
do. preferred. ■ ■
STOCKS REVIEWED
BY NEW YORK SUN
Now Tork, Sept. 2*.-Tb# Sun'aova: Th*
most Important Itam of nsw* having rela
tion to the security market was not made
public until long after the cion of business.
The ncretiry announwd «h*t he would
place 525,#00,(W) In all In various national
bank depositories scattered throughout th*
country, the money being eo distributed, ob
viously. aa to relieve from the great Eastern
AnancUl center* th* drain that they nre
iw suffering from th* movement of money
..’eetwsrd for tho roovwnont of crops. The
movement of the stock market during tho
day was of eourae taken without roferenco
to this action of tha Secretary, nnd indeed
no premonitory hint of tho treosnry’s dls-
bunemont wa* heard la th* Ananclal dis
trict. Speculative sentiment during the day
ince mar* In a confused and uncertain
and culminated ln the last hour of the
(Melon In a sharp drive at th* market that
carried pricra down with oomo violence.
No doubt th* henrlnej, -and general *ag-
S ng tendency dlaplaycrt by the market dur-
g th* but ten day* ha* resulted, as wee
he case yesterday, la causing ston-lora or-.
dera placed forth* »ato of stocks to be
put Into execution. A fair qauntlty of i
oosely held *tock haa. la other word*, been
thrown upon tho market, yet It seemed
very clear that yesterday's decline was
chiefly due nevertheless to n hear attack.
Tho baying during thl* dccllno waa of tho
bMt character, ana no small amount of ml,-
cellancou* commission house support waa
•steaded to th* market based upon obeerv*-
tlous of tha axtent of tha fall ln quotation*
for Important stocks *lnc* tha flrat of tha
month.—Glbert 6* Clay.
WM. L, PEEL, President
ROBERT F. MADDOX, Tic* President
THOMAS J. TEEPLES, Cashier.
JAMES O. LESTER, AralMant Cashier.
JA8. P. WINDSOR, 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.
cottonI^g ^ai^, Provision's,^tocks^bonds,
Ha. 2 Wall St., Palm taHilrg. Atlanta. Ca.
UlMBIRS: _
* tga Baari at TnH.
ago Stack tachaaga.
raik Caltaa hchaago.
C COTHBAH, Htaaagn
aiaaat Qattan anociatiaa.
hltaia Wini la Mt» Yatk, few Orleans, Cktcaga.
Belt Phaa I2f2.
CAPITAL, SURPLUS AND PROFITS '
OVER ONE MILLION DOLLARS
Foreign Exchange, Travelers’ Checks, Brown
Brothers' Letters of Credit available in all parts
ol 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, PrMlflcnt.
H. M. Atklnfon, V. ' ~ Tnotno* C. Erwin. Awt. Ctthler.
Joaepb A. McCord, CaiMer. R. W. Wyers, Asst. Caatklcr.
Third National Bank
Capital
Surplus
ft«jo Dargan.
Jokn. W. Grant
11. Y. McCord.
. . $200,000.00.
. . $300,000.00.
DIRECTORS;
Prank Hawking.
II. M. Atkinson.
Joseph A. McCord
J. IL Nunr.ally.
J. Carroll Payne.
K. B. Ilowr.
David Woodward.