Newspaper Page Text
THIS ATLANTA GEORGIAN.
MONDAY, OCTOBER I, MOB.
IN
Cotton Opened Strong, With
Prices ip to 37 Points
Higher.
DEMAND CONTINUED
NEWS AND GOSSIP
Of the Fleecy Staple.
Private Wire to albert & Clay.
York. Oct. 1.—firerpnol at 12:30 p.
14015 u|j». Waa expecfL'd 12 up.
Miss (riles' report cxpeefud to be’ Issued
At noon today.
The government report ou crop condl*
lowed by Ihe centos report on ginning at
2 P- m. Both carry the crop to September
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 recognised au
thority in hit specialty.
TIPS PLASHED
From Wall Street
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
The Jnuunnl of Commerce say*; "The
teinber has resulted In lifting the dry go<
market to a sound, although n high, let
Dominant Influence Was
the Weather and Crop
Situation.
SPOT COTTON MARKET.
non!, .pot cotton Arm: middling tin-
,,.,'t'ulntlon it ud export 500; receipt. 7,000;
Xiiicrlcmi 4,700,
Atlnnto, itendr nt Mic. .
\,.,v York, quirt »t lO.SSc; mle. io« con
tlon: delivered on contract 45,000.
Ain-nstii. itendr nt 915-16c.
Snvnimnli, •trody nt »»kc-
Kt. 4,0111., .tendr nt Olio.
Yew Orle’nnn, (Inn at S 11-lOc.
llointon, .tendr at 9016c.
.Memphis, steady at Mic.
linltliiiore. noniinnl at v\c.
Nnrfolk. Arm at 91516c.
New York, Oct, 1.—The undertone of the
ini-nl cotton ninrket at the outaet waa strong
mol prices 195/37 point, higher. Hu.lne.a
was the heaviest lii nioniha. Com mission
loni.es with connection. In the Houth were
inrtc Imrers of nsw crop patltlona. The
.lomlnntln* Intlmticc wns tllo weather nnd
the crop situation. The demand continued
nftcr the call, nnd prlccn held cio»e to the
top in the Inter dealings. Front the lower
orlop, the ndvnnce prenenteil nearly
point*, rtdcea nt Ki
49 poluts
favorable money mnrket, n late revival of
the Par Kantern trade or the advent
any large operation In any of the Ntaple
the, on this advance In cotton.
Private Wire to Ware A Lelnnd.
New York, Oct. 1.—Liverpool opened firm
104 up on near and 11 up on late. A*
12:15 p. m., 144016 up and firm. Kales 6,
COO spots. 9 up, at 5.77d. Futures due to
come 10012 up.
day, net 48087 points higher, with th#
tone firm.
Estimated receipts tomorrow:
New Orleans. ..... .13.509 to 15,600
Galveston ) ..31.000 to 34,000
Houston 26,000 to 30,000
4.336
27.194
29,935
TODAY’S PORT RECEIPT8.
The following table shows receipts at the
porta today, compared with the sums day
last year:
New Orleans
Galveston . .
Mobil** ....
.Savannah . .
Total, incomplete ,
772S
2823
6449
2493
2270
20067
2212
16345
8271
6022
7469
NAME OF 8TOCK.
Amalgamated Copper,.
Atlantic Coast Line. ..
Ic Coast Lf
American Sugar Kef.
Anaconda
American Locomotive..
. do. Preferred, , . .
Amer. Smelting Ref. .
do, prw*~ ‘
Atchison.
do.
in Cotton oil. .
Car Foundry. ..
jnltlmore A Ohio.
Brooklyn B.pld Trie!!
Cap.dlan I'.cldc. .
. do, pryfarred.
,, do, preferred.'.'
(■Omuwi r.isctnc. . . .
Illinois central
Amer. Ico Swurttle,. ..
Loulsrlllo * Nash Tills..
Mexican Central
Uluoiirl Pxclflc
Total stock Mle, today. 1.771.MO .hares
Tiftt
113
iffs
iras
136V*
283
74
i
74
* * * *
isT
1644
isT*
■or
* I
!S?
11584
1-J64
ISIS
• • * ;
*354
35U
'an
®it
454
lSvt
* * *
tJJj
774
7«4
182
1824
7L
206
6274
ill#
2244
712
454
si
is*.
n
i
MSI
f*
46
-«:.
*5H
* J * *
icsU
IflH.
1664
1664
• * • •
1744
m
1744
• • 0 .
iinz
1484
147 *
U*4
214
214
974
C2
NAME OP STOCK.
National Lend. , . . • ,
Northern l'acitlc. T . .
New York Central. . .
Norfolk A Western. . .
Pennsylvania
People's Gas
Pressed Steel Car. . .
do. preferred. • . .
Pacific Mull.
Rending
Heading «...
Republic Steel
Rock Island
do. preferred. . . .
United States Rubber.
do. preferred. . . .
Southern Pacific. . . .
Souiborn Railway. . .
do. preferred. . . .
Slnsa-Sheffleld. . . . .
Tenn. Coal A Iron. . . ,
Union Pacific. . . . ,
United 8tntea Steel.
do. preferred. . ,
Va.-Car. Chemical.
do. preferred. . ,
Western Union. . . .
Wabash
do. preferred. . «
Wisconsin Central. .
do. preferred.
NEW YORK.
, Thc foljowiy 1 la th. ranfe In cotton fa-
tures In New York today:
New Orleans start-d 32©
In cotton Liverpool lead off with decid
er otu-ournglng advices this morning. An
nlvsitc*» of 12 poluts was expected from that
on Its opening
points
... the late moots
higher, but at 12:16 Were quoted 144 to 16
points up it* compared with Saturday's
C uts tip as compnreu wuu nut lining ■
11 ilgures. Increasing the iiuproveuieut St
2 i. m. to 16 to 174 points.
Following Is the range In the SctlVS
months In Liverpool today:
Open. High. Low.
ortolier-November. . . .6.21 5.15 6.21
Jim nary-February. .... .5.29 5.34 6.20
Mnffh-Aprtl |.24 5.38 5.24
Mny-June 5.28 5.42 5.28
Spot Halos were light St 5.000 bales; mid
dling 9 points blither at 6.77.
on tho Liverpool showing New York was
due to open 4 to 6 points higher, but ev
erybody wns apparently ou the buying side,
id were eagerly and nervously watting for
the «
busy arene when business begun.
Excitement wns at a high pitch, nnd the
henro, who have been selling cotton on the
reported excellent condition nnd brilliant
‘ i of an enormous crop were out In
n result of the sudden chnnge In sentiment,
which has turned bullish on the damage to
“ crop hr the tropical storm.
INTERIOR MOVEMENT.
The following tnbte shows receipts nt tho
Interior towns today, compared with tbs
same day last year:
Houston ....
Augusta ....
Memphis . . .
WARE A LELAND’S
DAILY COTTON LETTER.
New Orleans, Oct. 1.—<?otton was wild
and excited today and the price soared, De
cember selling up to 9.98 from 9.62 on Sat
urday's closing. The mnjorlty of opera
tors seemed to think the thing was over
done, but the bureau reports tomorrow nnd
cloalng h ns today on account of wlretrouble.
The stock mnrket may show some lrregw
Inrlty for a day or two, but we expect to
see It do better the latter part of this week.
While we may have a flurry the money sit
uation Is Improved, but we recommend only
recessions good rails.
New York Financial Bureau: s Special
ty Improvement teema to na to be on
the program this week, although the fore
part should he somewhat Irregular on ac
count of the disbursements, ami the trad
ing position should not be abandoned, but
we again strongly commend to your atten
tion the wisdom of buying good atocka
nnd we do not see
mice* after the lntensi . .. ...
maud shall have worn off. so that a grad
ually bettering ninrket will lie experienced,
AFTER OPENING
Many Shares Scored
vances Daring the First
Hour’s Trading.
id-
SOME ARE SHARPLY UP
Judging from the present plans ns ascer
tained by us. Money rates are likely to
be a little stiff for n day or two. owing
to the time It takes for the treasury relief
to get to New York. The bonk state
ment, however, was good, nnd the next
one should be good, so that the money
troubles seem to us to bo gradually disap
pearing, especially when we consider the
gold Importations that come steadily. Tho
ore deal Is expected to be made public
some time this week. This should stim
ulate Interest In tho market, which Is In
good technical shape on account of the ro
und on account of the , .
short Interest, which will, with professional
sentiment, slightly be bearish ns It Is,
afford good support on the recessions.
and
LIVERPOOL.
Tbe following figures give the opening
range nnd close, compared with yesterday’s
Futures opened Arm.
Opening. ~— —
Range.
October. . ,
Oct.-Nov,,,
Nov.-pec.,,
Dec.-Jsn. .
Jan.-Feb. .
Feb.-March.
March-Aprll.
.,..6.21
, ..6.18 -5.21V* .—
. .6.18 -5.234 5.31
NEW ORLEANS.
Oat. ~
Nov. .
Dec. .
Jan. .
Feb..
Mch..
May..
June
July.* * * ! i6.56|i6.65
a
if
a
Ilow |
|
10.0ft
9.831 9.83
19.82 10.07
10.Q2KU7
10.14;10.14
10.18 10.82
10.48 10.46
10.001 9.99-10
9.83 10.04-07
10.07 10.07-03
10.17 10.10-17
10.14 10.22-24
10.31 10.34-35
10.46 10.60-51
■■110.64-66
el
9.47-44
9.49-611
9.52-53
9.62-631
19.68-70
9.76-77
9.91-92
9.97-99
10.55| 10.59-60 10.03-05
THE WEATHER.
LOCAL FORECAST.
£!/&*** AND VICINITY—Rain
tonight and Tuesday.
WEATHER IN WHEAT BELT.
fctrjm*. Northwest—Tartly cloudy; to to
clear;
to 58
hulls con be ntti — _
which wns at advance* of from 19 to
points, ns compared with the previous
close. The strength continued throughout
the morning session, December, after open
ing nt 9.70, selling up to 9.88 before the noon
hour, the bnlnnce of the list keeping well
up with the December option.
A prominent and usually reliable New
York Arm send* out the folio
rnte wire:
"At this time. by reason of the condition
of the wires, It Is not possible to deter
mine tin* extent nnd character of the da ra
the cotton crop, but that It la
MRernted there Is no doubt. This advice
has driven In the large confident short In
terest. but Is being met with liberal selling
of spot cotton by the Interior, especially
The main element of strength In
and November, white
other Indicate that a market has
••■» found for the low New York grades,
ml that there Is a likelihood of fair shlp-
plnopH the condition ...
her Inst report, and 66.4.
This does not appear bullish, but It evi
dent!' _ _
hy the storm, of which some authentic nT
ports ore coming In. Following, nru asm-
New Albany, Miss., write*: We had «er-
enty-two hours continuous rain and hard
wind: mom damage to cotton nnd corn than
•var. f’Jperlenced. The lands are Inun
dated.
J'il' Ark., wire; "Dame,. conild-
• r »i'K some claim disaster."
The Savannah Cotton Trade Journal, In
•mnintuiting on the movement of cotton,
•ays:
accumulation .
from the country over Sunday was added
to the buying of professionals, who were
of the Idea that nil bearish features were
overbalanced by the warning from the
weather bureau that another tropical storm
was threatening the gulf nnd the south
eastern coast of the United States. The
weather map wns also unfavorable nnd ra-
porta from the country were on the whole
very discouraging. Around 9.90 for De
cember much cotton wa» sold short, but the
market absorbed It well and at 16 polnta
decline wna nil that could 1h* brought about.
The highest price* of the morning were
reached on the official atntement that light
frost occurred nt Abilene, Tex., last night.
Temperatures were too low over the belt,
and this added to the uneasiness of shorts
when they were able to get full returns
from the weather bureau. Home few tele
grams were received today saying that the
cron damage had been overestimated.
It Is always naturel for fnriners
to over-estimate crop calamities, and they
have probably over-estimated this one.
Miss Giles' report on condition added to
Hhe said
72.1
Against 72.5 on September
gust 31, nnd 66.4 on September 29 laat year.
Tho government report on condition to
morrow will compare with 77.3 Inst month
snd 71.2 Inst year nnd 75.8 In 1904. The re
port on ginning will compare with 2.358.031
hales, counting round ns nnlf bales, ginned
up to this time last rear. Other compart
sons are not available ns last year's Oc
tober report wns the first of tbe Issue.
above.
Northwest—Generally
above; frost In St. Paul.
West and Southwest—Clear. 36 to 53
* n f°**a and Kansas.
Ohio \ alley—Cloudy, 48 to 66 abote;
cal showers.
WEATHER FORECAST.
Gporjflft—Rnln Mond«y and proli.bly Tum-
j-Yi *“ ,he *"»t portion;
In south' portion" MohdhV; - "Tuesday fsir,
"Xc.pt ruin In southeast portion, Increasing
northenst winds.
■N'orth CnrolInn-IUln nml cooler Mondnv;
Tuesday unsettled, probably roln, fresli
to brisk northenst to mat winds.
South Camlinn—Shower. Mondsr; Tues
day rnln and cooler; fresh to brisk csst
to northenst winds.
Eastern Florida-Rhowers Monday and
Tuesday; fresh southeast grinds.
Western Florida. Atnhamn
■lpp[—Shower's" "tondsy; Tuesday fair;
fresh northwest winds.
Loufshinn—Kslr Monday, except showers
In southeast portion; TueM.y fair, fresh
northwest winds.
Eastern Texnt-Pslr Monday and Tues
day, warmer Tuesday In north portion,
WEEK IN WHEAT
STARTED HIGHER
Higher Minneapolis Curb
and Responsive Cables
Had Good Effect.
western Texas—i-air ana warmer
inr nnd Tuesday.
Tennessee-Unsettled weather, with
nstonal rain ftlonday; Tuesday fair i
cnstonal
warmer.
Kentucky—Partly cloudy
Tuesday; warmer Tuesday.
LIVE 8T0CK MARKET.
Chicago, Oct. **.—Hoga— Estimated receipts
today 30,000. Market strong nt Saturday's
j6.3iVff6.66; ’ estimated' for tomorrow iT-ww*
light nogs $6.20«6.75; mixed I6.15gf6.774:
heavy 15.8606.76; rcigh 85 3Stf6.20; pigs 85.75
ff6.f<0; vorkers $6.("»/fl6.70; good
heavy ‘86.6606.™*
Cattle—Katlmated receipts 23,000. Market
"The
movement toward
tardy cotton . hv ... U wm» | UW *ru
hniith Atlantic port* Is attracting attention
nn*i erasing more or less concern smong
ine trade. Momentary concern 1s caused
n*» more to one element than to another.
not cotton to forward the spinner,
•ner likewise Is Incommoded In having the
money f or hfs crop withheld. What nffects
on. reaches every one else nil nloug the
"The eran Is late In the Houth Atlan-
*■'• *** v ‘|rnl weeks lnte-whleh Is the rea-
■°o it Is not coming forward In larger
volume. Tho weather has been unfavora
ble. tardy development was caused, labor
fAr nn ' 1 ginning seems
to have acquired the same slowness that
l ' , " i *«*•', Industry beforo the crop
reaches the gins. The crop Is held by one
m.J. when late, tardy develop
ment nr withholding It from the markers
The fnrmers have not yet began ..
nt movement. More Independence
In marketing cotton than ever be-
Ifcld-
rush cotton to the ports or offer
J.Vi«5 r ? u 1 h ,n v «1nme to break the
« n, ‘ p *use demnrslliatlon among hold-
£ lBM "* »rnwfr. who put
" 'i 1 *wkw.nt poNltlnn. n* <tobt-
w», llttlo nf tho onforroit .olllns of cot-
h!.. now. for tho bottor
.ulflclently to
profoot thorn.olvo, oynluot pronuru tbit
88.9007; cows T ,
calves 15.5008.59; good prime steers |5.4.‘»07;
poor to medium 83.9005.35; Stockers and
feeders $2.6o04.6O.
Hheep—Kstlmated receipts 42.000. Matket
84.2507.40.
THE CUQAR MARKET.
COCA COLA MANAGERS
MEET WITH DHUGGISTS
WEATHER CONDITIONS.
Cloudy and unsettled weather prevail*
over tlw states south of the Ohio nnd
throughout moat of the western portion of
the cotton belt. Rains have been general
at most stations enst from the Mtsalssippl
nnd It was raining this morning at Mem
phis. Nashville. Birmingham, Vicksburg.
Mobile. Thomnsvllle, Wilmington, Norfolk
snd Washington City. The greatest twen
ty-four-hour fall wns 2.98 Inches at Mobile.
An nren of low pressure covers the en
tire south, central to the southeast of New
Orleans. At New Orleans, ths barometer
wna 29.68 Inches, with light northwest
winds.
The highest pressure Is over New Rngland
nnd the eastern Inke region.
Lower temperature prevails over
northern half of the United Htstes, with
light frost at Omaha, Nebr.; Davenport.
Iowa; Dodge. Knr.s,; Kansas City, Mo,
Chicago, Oct. 1.—It waa Impossible to
break wheat, the closing prices show
ing gains of 5-80>7-8c for the day.
Pressure was applied by the bears on
several occasions, but their aim was
short. News from the seaboard was
particularly strong, yet only 15 boat
loads were reported as taken for ex
port.
Corn quiet at the close and 1*
3-8c better. Oats were dull and l-80>
l-4c higher, to unchanged. Provisions
were 2 1-2©5c better.
Cash sales, wheat 15 loads, 2 loads
corn and 80,000 bushels oats at the
seaboard; 17,000 bushels wheat, 178,
000 bushels corn and 119,000 bushels
oats at Chicago.
Primary receipts of wheat 1,150,000
bushels and of com 805,000 bushels,
compared with 2,072,253 and 607,464,000
bushels, respectively, a year ago.
Clearances were 686,000 bushels of
wheat, 77,000 bushels of corn and 187,-
000 bushels of oats.
CHICAGO GRAIN MARKET.
Chicago gram nod provision quotations
for today follow:
Previous
Open. High. Low. Gloss. Close.
1VHEAT—
m
CORK—
Sit
M
from
%
nt Havre, Mont.,
COTTON.REGION BULLETIN.
m.. 75th meridian time. October T. 1906:
STATIONS OF
Local managers of the O>ca-Cola Com
muting Into
Atlanta today to he present at the sessions
of the National Association of Retail Drug
gists' convention, nnd to hold a conference
of their own. They will meet with the offi
cers of the company nnd discuss the plans
for pushing coca-cola In 1907.
Among tho out-of-town eoon-coln mana
gers wno are coining to the convention
alth effect at this season of the
f.,.!!'' nf ,1 "‘ •» ri 'Y mov*mi>nt I, In
th,™Li,' >f i It l» * nntuml onnxe.
, i.W 'loprlvln. them of rernly fumli for
i.„int P'V** *{>« xplhner nearer tho
Lpi«*?£**'£!£*} titocki,_niia to that extent
nrltina t I 1 , 1 iiiiu **» iiin* pxieiii
, 111,1 olooer to the time when ho
mint Imy rntton."
,i,L n -..: l ’ B .w l,f "' r ."»! in - Rtontor otrongth not
mopn 'hR oesolon.
tfnni™i"2 f tho npiienrtinec o? unntlior
:^ rm . nn ,h - *" lf «Hi»t. Peeemlier
«no5» 10,1 n ,<,w toltiutox liefnro tho clone.
Sii. toSISc." 0 *^ ,h< ‘ m, * rb -
The elooo' wit. «t top priori foe the
(Joiifrev rinehek, St. 1’xnl. Minn.; o.
E. Voaeloank. Imllnimpnlln. Iiol; It. T. Iloh-
erto. Donl.lnna: t'. E. Culpepper. Now York;
B. T. Drove, Harrlnlmr*. Po.; IV. II. clol
lotvny, Alliony, N. Y.; K. W. Itel.nuitton,
rortmnrl, Ore*.: J. Cox Wall, St. I .mil.,
Mo.: W. I*. Trehlleoek, Chtengn; (leorite
II. Rood, l.o» AttKOloo, Onl.I W. It. Hoove.,
New York: I*nn It. Candler, ItnlliiR, Tex,;
A. L. Porter, Denver, Colo.: Y M. Ma»-
oey, Detroit. Mleh.: C. A, Mntoon. I > llt*-
htir*, Co.; M, II. It. Iloltninn, Wothliir
ton; II. J. Martin. lieor,ln ; I„ 11. llonneo.
I.ittle ItiH'k; A, .1. Eekert, Cleveland, Ohio;
-Atlnnto, olomly"
•chattnnoogn, rnln. .
Columbii., pt. eldy..
tinlne.vlllo, cloudy
croeuvllle, clear
OrlKlu. cloudy
W. A. Skinner, Philadelphia; A. II. W'hlt
comb, Atlantic city; IV. c. Bueher, New
York; W. E. Ijtrkln. Jeroey City; E. C.
Iteeae, Chicago; S. I,. Willard, ITilImJvl-
GIBERT A CLAY
•• «• ALABAMA
COFFEE, PROVISIONS
ATLANTA. OA,
ExchangsINew Orleans Cotton
new York Cotton exchange. New Orleans Stock
Sttbiw.|!few Orleans &£rd of TTaHe lGalvraton Cotton Exchange
i . . . Private Wire* to all Exchange*.
^cal and Long Distance Telephone 52W. W. R. FAGAN* Manaqer.
ALONZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building. Belt Phone, Main 858.
ATLANTA, GEORGIA.
•Macon, partly cloudy
Montlcelfo, cloudy. .
N**\vnsn. cloudy.. ..
Rome. rain. . . . .
Hpsrtnnburg. cloudy.
TnUnp*M>!*n, cloudy.
Toccon. cloudy. . •
West Point, cloudy. .
Minimum temperatures are for the 12
2®
lii1
23 23
G. 0. P. CANDIDATE,
Goes to Washington In the
Special Car of the
President.
New
Hughes
York,
went
Oct. 1.—Charles E.
o Waahlngton today
with President Roosevelt when the
president returned to the capital after
hl« summer at Oyster Bay.
More or less mystery waa made of
the meeting between the president and
Mr. Hughes, which had not been an
nounced beforehand. The first Inti
mation that any one had that the Re
publican candidate for governor of
New York Was going to confer with
the president waa when Mr. Hughen
showed up In the Pennsylvania depot
at Jersey City.
The greeting between the two was
extremely cordial. Mr. Roosevelt In
troduced Mr. Hughes to various mem
bers of his party, Including Mrs.
Roosevelt. Then the pair sat down
In the rear at the Mayflower, the presi
dent's private car, and !/?gan an ear-
private Wire to Ware 4c Lelnnd.
New York, Oct. L—Loudon firm
slightly higher.
There la bullish talk on Reading. Penn
sylvania. Atchison and Houfhern Pacific snd
look for activity In Hteels nnd Coppers.
Announcement of the ore deal expected
today or tomorrow.
Rather look for a nervous and unsettled
market with possibilities of money flurries
during the October henry disbursements for
Interest and dividends.
Would only buy the good stocks when
weak. And believe the trading position
should be strictly adhered to for the pres
ent.
|)ow-Jones summary:
American stocks In London firm H0Hc
above parity.
statement on Great Northern ore
leases expected this week.
Largo demand for anthracite expected In
next few weeks.
Light demand for stock* in loan crowd.
Demand for copper continues active both
here nnd abroad.
Later details show extent of storm dam
age nt Pensacola and Mobile waa not ex-
eggerated.
Hanover and National City banka ahotr
principal gain in cash in bonk statement.
In Other Issues a Heavy
Supply Was Noted—Un
dertone Steady. w
New Tork, Get. I.—The course of thf*
morning's dealings on the stock indicated
that while there was no disposition to stir
up another large speculation, the market
wna well under control, and that tbe Im
portant leqdara In Wall street were sat
isfied with the extent to which the Ilquld-
-- 7 . »•»«» , a.vu, iw '* uikli the
atl6n of the weaker speculative holdc
but with the greater part of tbe Hat tftl*»,
.. _ :he heavy speculation which
wns characteristic a month ago. As has*
been fully expected on tbe orat day or
the month, coll money rates ruled pret
ty stiff, and Wall street borrowers were
compelled to pay as high ns 9 per cent
for their loans. This more largely, per
haps, than nuy other circumstance was ac
countable for the restraint upon the day'*
principal gain in ensn in nanx statement,
and National City bank shows principal
Increase In loans.
available in open market In London today,
nnd may be engaged for New York.
Thirty-seven roads for third week of
Rentember show average gross Increase of
1.35 per cent.
Twelve Industrials declined .14 per cent.
Twenty sctlv* railroads advanced .03 per
cent.
HAS PASSED AM
Clinton I. Brown, 78 year* of age,
father of Colonel Walter R. Brown,
died at his home, 325 South Pryor
street, Sunday night. a
Mr. Brown was born at Gainesville,
Ga., In 1828, and came to Atlanta In
1861. He' was one of th* pioneers and
was an Influential cltleen In the up
building of Atlanta,
Mr. Brown, in partnership with O.
W. Parrott, opened up Atlanta’s flr*t
wholesale house, which was located on
the spot now occupied by Atkins, Mc-
Keldin & Brown. He later entered a
wholesale shoe business with F. M.
Eddie man. After selling hts Interest
in this business he formed a copart
nership with Captain J. L. Winter, In
a wholesale grocery buslneas, In Ala
bama street. He afterward* connect-
monthly settlements, the Incident did not
cnuMi nny selling of stocks The strong
est laiues on the Hat were Bt. Paul, Union
Partite, the Steel* and Rending. , In all
these Instances, short covering had mor*.
to do with tho rise, but It Is believed the
movement in those, ns well aa the rest of
Mo mfirket, was th* fact rlrarly re
flected that Important selling of stocks had
ceased.
The stock mnrket after the opening was
strong in many shares. Rending sold si
high as 152H snd 8t. Paul rose to 174%.
Gains were made in Great Northern pre
ferred, Northern Pacific, Union Pacific and
Southern Pacific, while a heavy supply of
stocks was noted In other Issues.
Government bonds unchanged.
Other bonds steady.
THE LONDON 8TOGK MARKET.
Anaconda .
Atchison
Canadian Pacific
Chic., MU. snd 8t. Paul.
Illinois CsutraL’ .V .7
iiiiiiuip i fiiimi
Louisville and Nashville. .
Pennsylvania
Southern Pacific
Union Pacific
United fitntea Steel. .
do, preferred.. .. ,
I 5
&
STOCKS REVIEWED
BY NEW YORK SUN
New York, Oct. 1.—The New York Suo
tys: "Ths stock market course last week,
Idle nervous and Irregular, was down
ward. Out and out manipulation for tbs
nest talk. They were still In conver- ed himself with the public works de-
434
34%
354
oatIi-
Dee >44
May 35%
PORK —
Dec.. .a ..... 7.96
Jnn.... 13.40 13.424 13.374 13.424 13.40
LARD-
Oet.... S.tf 8.15
8.524
PRIMARY MOVEMENT.
The following figures give tbe primary
movement of wheat nnd corn.
Wheat receipt* today, 1,510,000 bushels
Jnn..
8.80 8.824 8.824
8.50 8.524
7.874 7. d
^ s .__ 8.424 8.4
RIDER—
OC.". M.
8.46
8.874
NORTHWE8T CAR8.
CHICAGO CAR LOTS.
Today. Totnor.
LIVE, nruuu unnm mnimi.il
Wheat-Open, 4 to H higher; 1:30 p.
to 4 higher; close, 4 to 4 higher.
Coru—Open, unchanged; 1:30, unchaug
Torn receipt* today 8fl6,000 bushels agnlnst
607.000 bushels lnat year. Hhlpments todny
339.0*10 bushels against 494,000 bushels Inst
year.
SOUTHERN EXCHANGE
Oldut ExUbllxhcd Office Bouth.
COnON STOCKS—BOROS—GRAIN
Oround Floor Ooulfl Rutldtnc. Dally
market letter and market manual
mailed on application.
L. J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, GRAIN
Gomspondent’s Capital $250,000
strcseNce, the nkal bank
PHONE HIT. PRUDENTIAL fiLOO
partment of Atlanta, associated with
occurred. It was said that some of the
large western speculative houses tlaraw,
over a great portion of tbelr holdings, and
two or three of ths prominent traders, mso
whose dealings are, as n rule, much larger
than la commonly estimated, sold stocks
with great freedom. Hpeaklng brotdly, th*
market showed the effect of those general
Influences making for a decline that al
ways present themselves after a long con*
tlnued rise In values when, for various
reasons, financial powers of the first rank
siiuauon. wuu two new auveme develop
ments, the capture of tha Democrat party
inn, iu»' VK|ivurn in *u» i/cuiuum jmn/
h hr s Boelallst candidate for governor, and
Captain David G. Wylie, who was com-. th«_ growing^probthllity^ thnt our govern*
mtssioner.
For more than thirty years Mr.
Brown waa Jury commleslonsr for
Fulton county, which place he held at
ths time of his deAth.
Mr. Brown Is survived by six chil
dren, Walter R. Brown, C. M. Brown,
W. 8. Brown, Leonard W. Brown, Mias
Cora Brown, Mrs. W. H. Chase and
Lieutenant H. fl. Brown, of the artillery
service, of Baltimore.
The funeral will be held at the resi
dence Tuesday morning at 10 o'clock,
conducted by Rev. John E. White, of
the Second Baptist church, of which
he was a member, and Rev. Dr. W. W.
Landrum, of the First Baptist church.
IS TRANSFERRED
Major E. W. Halford, paymaster of
the department of the gulf and knosvn
ne of the most prominent religious
workers of Atlanta, has been transfer
red r«> Ban Francisco and will leave
8 unday.
He will be retired from service in le*»
than a year.
msnt would be compelled to make an i
ed Intervention In Cuba. The belief Is
arm-
Im
mensely strong In the financial community
that Mr. Hearst will be beaten at the polls,
yet It Is lightly held to be a serloua mat
ter from the financial point of view that
a man of his vlewa and alms and meth
ods should bnve been enabled to ittaltf
such prominence snd wield such power fa
the politics of ths state sad tbe country."
THE METAL MARKET.
isrket price.
Tlu advanced sharply in sympathy with
London.
Spot and nearby deliveries of tin were 1*
per pound up.
Lead steady and apelter dull.
NEW YORK COFFEE MARKET.
Following la the opening range and clot*
of tbe New York coffee market for to-
dxy:
f5
February
March..
April
June..
July
August
September... ..
October
November
December.... .,
Closed steady.
, . .7.00-7.06
..,.7.067.10
■.«?:!!
■m is
hour period ending nt 8 a. ui. this date.
HEAVY RAINFALLS.
Mobile, Ain
Qalttitnn. Ga.
2.98
Brownsville, Tenn.. ..
Covington, Tenn
Milan, Tenn
Charleston
Galveston. . . .
Little Rock.. ..
Memphis
Memph
Mobile.
Montgomery. .
New Orleans. .
Oklahoma
Savannah
Vicksburg
Wilmington. . .
ill
HI
hist. Averages.
m
sil
•3-S
remarks.
Izmir t,mi>»rtturM p»v«IM "T.r the
rr.trrn hull of the I ..It; .knrlm th,
ohnniM. WOT imlmportitnt. Kalnrnll «it«
rencrel, oxio|.t In tl.lvo.ton njiiJ okhibntun
lil.trlot. IlMtr foil, oecnrr—* In »’«t
T.nllfMtf, Houth tlporittn. Florida and Al-
nbuuia.
Frank Hawkins, President.
Third
Capital
Surplus
ysrs, Asat. Cashier.
National Bank
$200,000.00.
$300,000.00.
DIRECTOR8!
Frxnk IIiwklDi.
II. M. Atklnaon.
JoMph A. McCord.
•rid Woodward.
3| % Compound Interest
I, th, rata your mono/ will draw If deposited In the SAVINGS
DEPARTMENT of
CENTRAL BANK AND TRUST CORPORATION
CAPITAL $500,000.00. CANDLER BLDG.
, STRONG, SAFE, CONSERVATIVE
You are Invited to call and Inepect our quartore and inveetlgata
our facilities to servo you. A hearty welcome awaite you at this
bank.
ASA G. CANDLER, Prealdent.
W. H. PATTERSON, Vlea-Praa. A. P. COLES, Cashier.
JOHN 8. OWENS, Vlce-Pres. WM. D. OWENS, Aeet. Cashier.
LOWRY NATIONAL BANK
CAPITAL, SURPLUS AND PROFITS
OVER ONE MILLION DOLLARS
Foreign Exchange, Trayelers’ Checks, Brown
Brothers’ Letters of Credit available in all parts
of the world.
WM. I. PEEL. President.
BOBERT F. MADDOX. Vl» Pmldrnt
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.