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i - pwiwAj^,;; - snv ■« THE ATLANTA GEORGIAN. TrnsnAY. ocTonnn t. woe. NEWS AND GOSSIP Of i he Fleecy Staple. South Heavy Buyer While Shorts Are in State of Semi-Panic. market VERY STRONG advance Today Sensational, With Bulls in Con trol. ^CCOO<K>0O<H>OO<HK«H»OOOOO S COTTON CONDITION 0 SHOWS 8HARP SLUMP. o W t.-niiufton. Oct. 2 —The crop O o estimating board of the agrlcul- 0 O tural department made the fol- ” 5 lowing report thla afternoon: O The average condition of the O O cotton crop on September 25 was O O T11> as compared with 77.3 on 0 0 August 25, 1506: 71.2 on Soptem- O 0 her 25, 1905, and 75.5 September O 0 25, 1904. and a ten-year average O 0 of 66.7. 0 0 it Is stated In the report that O 0 tin foregoing estimate does not O 0 reflect the damage done to the O 0 cotton crop since September 25, “ o by the recent atorm. OTO0OOO4>O4»0O«OpO0«lOO<HKW SPOT COTTON MARKET. Liverpool—Spot cotton quiet end firm. Middling upland* 6.93. Bale* 10,000, Amort .mu 3,300. Speculation and export 6.000. Re- tolpi* 10,000, American 7,100. Atlanta—Quiet, 10140. \>n Vork—Quiet, 10.66. sow Orleans—Irregulnr, lO^e. Augusta-Firm. 10 6-16. Houston—Steady, 97ie.t Cslvrtton—Firm, 9?ic. Memphis—Firm. 10 M6. Bnltlmore—Nomlnnl, 10V«c. St. I.rtul*-Flrm, lOHc. THE MARKET^ LIVERPOOL. Mrerpool. Oct. L~Cotton went aonrlug on the eirhunge today, In great measure caused I tv report* from the United States to the effect that ft great part of the cot ton crop had Been destroyed by the disas trous storm which swept the cotton states recently. nttjnjf wss feverish nnd the excitement prow ns the price rose higher and higher. When the market closed catton showed an advance of 21 poluts. THE MARKEtTn NEW YORK. ntton markets started fully active and .■tolled with first price* 44}12 points higher. The South wns a large buyer on the call and so were Philadelphia Interests. Actlre i rollt taking by a number of local Inter- • its who hare been bullish ever since the bn nee started, made little Impression, *0 i>nd and vigorous was the demand. At noon tlu* market was still rery actlre. i In- dealing* suggested that the Interest* \»t-re trrtng to check the advsuce, but their offerings wen* absorbed by fresh buying, much of which appeared to be for the sc- .•mint of Interests In the South. Tbo Liv erpool bull clique was believed to l>e sell- lug. one prominent bouse disposed of *),- halos. The goveroiifi-nt report showing the aver age condition of the crop to l»e 71.6 was '•••tier than expected and the list after Its publication fell 11©17 points, .followed * rally of 7 points. Tne rally was si ’i veil, howerer, prices again selling l'online* were heavy. It appeared the bulls had sold out nefore the wss Issued for the purpose of op dug prices after its publication. cotton had i-ii seriously damaged by the troplcnl -rnt. The people who rales the fleecy •1 pic were first to And It out; the people li» deal In the paper stuff found out Inter, flic latter class arc hard to convince that ■ ‘thing disastrous can happen to cotton planted, nnd get* out " ~ and In good condition, more especially when the acreage planted, under farorablo —ild produce n yield sufficient Id’s growing requirements "inlitbn t the to: the raw material. Tills class has been caught short, nnd to tliN clas* rin be attributed tne sharp ad- of the pest three days. They aro K >\ crop of cotton. Mississippi, Alabama. u'slnnn, Georgia nnd the Carolina* will produce n crop below the average. mus nnd well bring a price satisfactory to the producer. The governtnet report on the condition of fh° crop up to nnd Including September *■ rt 71.6 Is bearish. It, howerer, does not to-or the storm period. In which the entf custom belt has suffered serious Injury. Liverpool this morning wss better than duo nml wn* strong nil through the sea- lion. the cl ns*' being 234 to 26 points above the finals of Monday, with spota up 9 point! os sales of 10.OOO hales. following Is the range In the cotton mar net In Liverpool today: . Open. High. Low. Oft-Nov 6.49 Rife 6.42 , 5.47 6.59 6.4S44 J '-6 April 6.62 6.64 6.4* llwJuns 6.67 5.67 6.5S New }ork wns strong lit the opening nt •hnrp advances, nnd as the session ad- rancid the strength Increased, forcing all ninths across the lOc mark. the gurernn .-nt report caused a rapid de cline of prices immediately after Its rub- Ucttleii »,'„r|ii sharp slump: lu fact, foit <*f the , gains wdre lost, prices snowing only -w points above the close on Monday. Estimated Receipts Tomorrow— _ , This Year. Last Year. Vw Orleans . . . 4.501 to 6,500 3.340 SM'Wton 17.000 to 16.000 25.797 Houston K.OOO lo JAM* 1S.678 Hie second government report, that Is. it report otj the num!»er of bales glnne4| " aud including September 25, was Is rluite Wlro to Ware A Letand. .Niui \ork, llct. 2.—In Liverpool futures ZfuSiH tcrerjsh 16«17 up. At 12:15 n. m. HR aua ^varlsb. Mules 10,000. Spots ;lt ,\ 93 : U P- Futures due to come 144 up r 8n .d 94©104 up on the balance. £ e , w u.\? rk V°." on ntarkut opeued strong and higher with shorts large buyers, belling by long aud local Interests. Ad- tuucc* should be sufficient for present aud would not buy nt these prices. » ... weather report on cotton Is uuiusn. New Orleans, Oct. 2.—Liverpool makes a Tull response to the advance on this side yesterday, and the Tlmes-Deuiocrnt's re port on crop conditlou Is very bullish. We ought to open higher. .the weather map Is Incomplete. It ■how's dry weather over Texas, but consid erable rain over the central belt. Reports float the Kitst are lacking. The Tlmes-Oemocrat herewith presents the reports of Its correspondents «u Hie progress of the cotton crop during the month of Heptember. The conseusus of opinlou follows: First. Taking the belt ns a whole, the accounts are exceedingly gloomy. Even In Texas, the A|4nntlc states aud the terri tories, sections which escaped the brunt of the greut storm, there are complaints of dnmuge by excessive rains aud a distinct deterioration from the condition a* the close of August had been the rule through out the South, even before the disastrous disturbance of Thursday last. In Alabama. Mississippi, Arkansas, Tennessee aud lions of Louisians, the result of the trop hurrlcans has been deplorable, though no precise estimates of damage are pos sible ns ret. Hecuud. There Is general complaint that labor for picking is scarce, nml that ex cesstve wages hove to he paid. Third, ltiivuges by Insects are meutlc lu some districts, but (he loss In thla does not seem to have been serious. Edited by Joseph B» Lively MARKETS Mr. Lively's twenty-flvo years' experience of ed iting marietta In Atlanta and the 8outh hue mode him a recognised au thority Id hlo specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS NAMB OF STOCK. lower than 71.9 It means an average fo lvn months of the season of 80 per vhlch Is bearish. The Journal of Commerce says: "7 m- tlie week opeued quiet nnd firm. Islous of prices were announced lu li cottons to the extent of refusing to _ further nt the low range of values which has been prevailing. The leading tickets In bleached jjood* are nt value pending ad time tills wee p- NEW YORK. Ut ' ■ ■. ' s- The following Is the range lo ottoo fu ture* In New York today: la to I § 9 3 li 1 il # Nu’-. it ot l n n ie l eb t May dr J «n* s. July. . . . . 9.tf 10,9: 10.06 10.16 10.24 10.30 10.42 10.43 10.46 lA.40 10.30 10.60 10.62 10.24 10.79 10.87 10.93 9.85 10.03 10.00 10.09 1S:2 10.41 10.41 10.44 10.40 10.12 10.67 10.68 10.24 lfi.fl 19.88 19.44 10.88 i6.40-42 10.50-52 10.54-55 10.57-68 10.67-69 10.73-76 10-82-83 10.83-86 10.88-90 *03 84 8.98-99 10.00-01 10.06-06 10.12-14 10.19-20 10.30 31 10.33 35 10.36-39 may lie announced at auy ATLANTA MARKETS. FRUITS AND PRODUCE. Officially corrrrttu by Atlanta Fruit aud Produce Kschnnge. Lrmnna. 27.50. I.line. 604176c. Pineapples, 21.6081 IE Hnnaiuta, atrnlgbta. per buucb. $1.6081.76. Culls, per bunch, 11.00421.23. CALIFORNIA r ftUIT—Fnbcy stock: Eiperta pinches, per box, 21.W. Mountain Bartlett penrn. per box. 23.26. (Iron pluma. per crate, 32. Columbian prunes, per crate, 22. Rom Peril crapes, per ernte. 22.00 Hloe Mnlrolse ernpee, |>er crate, 22.00. ANI. COl'-NTiU JMRODUCB-- Live hens. 3S©37**c; fries, 224Q26c; broil* era. 154i22i*e. Dressed fries. 18fl20c pound. Dressed hens, per pound, 14015c. Live ducks, I'ekln. 36c; puddle, Kgg*. per dosen. 23c. Butter, table, ner pound, 20@22ftc; cook ing, per pound, 124@15c. Honey, new, S®10c pound: In c racks. 10612c. VBOETABI.R8-Irish potatoes, atock. per buahel, 11.06. Cabtiago (Vlrelnla). I»,c pound; Danlab 'Tima beana per pound, 0c; Navy, 22.10 per Onion,.' per bushel. 21.B , 2682714c. FLOUR, GRAIN. PR0VI8I0N8. FI.OtlR—Poatel’e patent. 10.00; Diamond pntent. 16.26: Maucoutnh Star, 24.70: fnney patent. 24.60: lied Eeele. 04.15; Blue hi boom fancy, 23.00; eprlng wheat patent, 26.0} ®t ! ORN-('hotce red cob. 72c; No. 2 white, 70c; No. 2 yellow, 69c: mixed, 6Sc. OATS—t’holcc white clipped. 4*c: choice white, 47c; choice mixed. 48c; Texee ruet ^MEAL—IMeln wnter-kround. per bushel (7c; belted, im pound Juice per bushel, IBc; Shorts, white. 11.60: medium. 21.40; brown. 21.30; pure bron, 31.10; mixed hron, 11.06. I1AV—Timothy, choice lorae holes. 11.16; do., choice annul boles, 21-10: !lo., No. 1 timothy Imles, 21.06; No. 2. 2100; do., No. 1, cloerr mlieil 11.00; do.. No. 2 cover mixed, 1.00. _ 1.00; choice Rermude, 78c. ItYB—IJcorttlo, 2110; Tern >v, JBc. The above prices ora f. o. b. Atlanta. QROCERIE8. 8U«Alt—Standard granulated, 36.20. New York refined, 44c; ploutations. 6c. klorket RICB-rorolIno 44®74c, according grade. New crop will arrive In two weeki. CIIBKHE—Fancy full cream dairy, 15c: twins. 14*ic. Market strong. PROVISIONS—Supreme hams, 15e. Dots hams. If.4c. rnllfornla hams, $9.00; Red Cross hams. 15c. Dry aalt extra ribs, $9.15; bellies, 20-6 Iba., $10.50; fat backs, 8c; plutea. lie; Supreme bird. $10,124: Red Crosa, 10c. Snow Drift compound. 7V: Ked Cross. 7%c. sned nt D o'clock. “ r'A'V'd the numlter of bales glnnnl at * p l*-'»lc». as ngainst 2.368.031. »k. u * 2 vn * ro »»trued as bullish nnd more I?* n /'“•"t tho favorable condition report u»i ,fco 7 n ,n t * , ‘* aennatlonal advance fol- publication, prices moving up- iJih. bounds to the highest vll. 1 ,,,n . ■'‘"■Ion with greater excite »oStli ” nn hn * ,n Ai 11)0 Clu» the market en* In tone nt advance* of from 60 to 57 points na compared with yesterday's close, making the advance for yesterday nnd today over 100 points, or $5 per bale. j It would not In* surprising to see ft re- * action follow such a rapid advance. How- over. It Is thought It can be only ternpor- ‘ ary. j TODAY’S PORT RECEIPT8. Tbs following talus show* rrcrlpts at ths h ports today, compared with the same day last year: 1908 1906 \ New Orleans ! Galveston Mobile Knvannnh. ....... Charleston Wilmington Norfolk Baltimore Boston Jacksonville 36029 177i2 744 swn 3737 376 100 4338 27194 46*> ITrtSX 2498 4H8S 8529 3 A "SS , A Total (Incomplete)... 62558 6WW J INTERIOR MOVEMENT. ", The following nun# shows receipt* nt the _ Interior town* today, compared with the some day ln*t year: 1908 1906 Houston Augustft Memphis Ht. Louis Cincinnati 26262 2992 1425 583 259 s £ * 195 Total T»Vdl 35169 GIFuEIRT & CLAY “ *■ ALABAMA AT. XTOCKI, BONDS. COTTON. OBAIN. come. PBOVIIIONS ATLANTA. OA. nK.noK.nni Orleans Cotton Excbange.lChleago Board of Trade. —•- -^change. Llyerjiool cotton A**?**^*^^® K»eh,n|A|New Cotton Rxchenie.iNew lork CoffM Exchen*e.|New -. . i J. PriTkt, Wire, to alt Excbeoxe, .. -««l *nd Luna DleUnoe Telephone 5298. W. n. FAGAN. Men«ner. 8rt«s: fed ysaSKSWBa'SiSi'KSiiiS ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone, Main 858. ATLANTA. GEORGIA. imalgatnated Copper.. Atlantic Coaat Line. ,. American Sugar Ref. .. Anaconda American Locomotive.. do, preferred. . , . Amer. Smelting Ref. . At&dC“-.'.:: gStloorYk Ohio!'.' i! I^Pld Tran.. Unle, % % Northwestern.. fJWdb A Ohio. . . Co orndo Fuel A Jruo.. <-eu trnl Loxth.r A®, preferred. . . . Chic. A Greet Weet'o. Ch e., MU. A Bt. 1-. . . Ootawere A Hndenn. .. Distiller i Securities .. Genm-el Electric. . . Illlnola Central. . . . Amer. Ice Securities . Uulerllle A Na.hvllle. Mexican Central. . . . , Missouri Pacific. . . . NAMB OF STOCK. N. Y., Ont. & Western. National Lend Northern Pacific. . . . New York Central. , . Norfolk & Western. . . Pennsylvania , People's Uaa Pressed Steel Car. . . . do. preferred. . , . Pacific Mall Reading Republic Steal Rock Island do. preferred United States Rubber. . —do. preferred Southern Pacific Southern Railway. , . . do. preferred. . , . . Slosa-fiheffleld Tenn. Coal A Iron. . . . Texas A Pacific Union Pacific United States Steel. . . do. preferred Western Union. Wabash do. preferred. Wisconsin Central, do. preferred. . btde not received—wire trouble." m .n* LIVERPOOL. cloe* Futures opened firm. Opening October . . Oct.- Nov.. Nov. Dee. . Dec.-Jan. . Jan.-Feb. . Feb.-Mch.. . Meh.-Apr. . „ Previous Range. Close. Close. -§.&? 6.63 6.394 . .5.49 -5.43 . .6.46 -6.42 5.f* . .5.46 -5.44 6.67 . .6.47 -5.444 6.5$ .to . .5.56 -5.6614 5.64 6.Gif4 5.S64 ' “ 6.38 6.40 5.414 6.67 - NEW ORLEANS. The following Is the range In cotton fu tures In New Orleans today: 1 S3 u 1 3 U 1 i'i Oct Not I»ee Jan Feb March. . . . May Jfln July 10.10(10.52110.06 10.26110.30 10.26 10.10*10.65! 9.9) 10.32 10.75 10.08 10.69110.89 10.89 10.48j 10.95110.15 10.60jl0.72 10.60 ia*85|id’*«/ias6 10.40 10.26 10.60 10.59 10.69 10.79 10.72 io!mi 10.40-41 10.47 49 10.6041 10.58 69 10.65-IS7 10.78-79 IA.8M * 10.93-95 10.98-11 Bsssisssls! kfcssiissssl T3E W2ATHJER. LOCAL FORECAST. WEATHER IN WHEAT BELT. Extreme Northwest—Fair to clear, 34 to 4t cloudy, 44 to 64 above. Wefct aud Southwest—Clear, 38 to 66 de grees above. Ohio Valley—Generally cloudy, 62 to 62 above) local rains. WEATHER FORECAST. North Carolina, South Carolina, Georgia— ILiiu Tuciatuy and Weunesdsy. Last Florlua—Ruin Tuesday and Weduea- dny. West Florida, Alabama, Mississippi aud Loulslnnu—Showers Tuesday and probably Wednesday Last Texas—Fair Tuesday, except ralu la extreme eastern portion; Wednesday (air. West Texus aud Indian Territory—Fair Tuesday aud Wednesday. A.-kausus and Teuuessee—Rain Tuesday and Weduexday. WEATHER CONDITIONS. 'The atorm lu the east gulf has moved very slowly since Monday uiorulug, aud la •till centered to the south of the Alubama const. So tar It seems leas severe thau the one of several days ago. The lowest press ure reported Is £1.66 luches at Mobile, a slight decrease since yesterday uiorulug. As u result or this storm urea, cloudy weather with general rains provnil over the eastern half ot the cotton belt. The foliowlug sta tions report oue Inch or more rain lu the last 24 uoura: Mgcou, Gn., £5S; Thomas- The barometer Is highest over the north Atlantic const, but there has beeu a gen eral decrease in pressure at nearly all sta tions. The (■•nditlons favor ralu lu thla sectlou tonight and Wednesday; somewhat warmer Wcduesdsy. COTTON REGION BULLETIN. STATIONS OF olttmhua. cloudy. Gainesville, cloudy. Greenville, rain. . . :rimn, cloudy. . . Macon, cloudy. . . (I! £ S WHEAT MARKET I CHAPPY AFFAIR Was Up and Down in Quick Suc cession, Closing Over a Cent Lower. Chicago, Oct. 2.—The pit crowd In wheat was ngnlnst the price und against Valen tine. ns ho purchased millions of bushels of that cereal. They filled him up until he The market wss a choppy affair. l*rovt !oiik were off a shade. C _h sales at New York were thirty l»ont loads of wheat, five of corn and 200,000 91.000 bushels oats. week. Primary receipts were 1.426,000 bushels of wheat and 724.000 bushels corn, compared with 1,766,000 bushels nnd 680,000 bushels spectlvely u year ago. CHICAGO GRAIN MARKET. ilcngo gram i for today follow: Opt o. High. WHEAT— Dee. . . 764 May. . . 804 CORN— Dec. . . 434 May. . . 41 OATS- Dtc. . . 24H May. . . 354 764 754 804 794 434 424 44 434 344 344 354 854 34 334 13.35 13.35 13.424 Nov. . . 8.55 Jan. . . 7.874 SIDES— Oct. . . 8.40 7.15 CABFJ WHEAT- 874 8.874 625 8-624 WORLD’S MARKETS * WERE OVERSOLD The New York,* Oct. 2.—The Snn says: world's cotton markers were evidently sold, nnd the result has been aseuil-panlc jimong the hear* for some days past. Yea- rerday even stolid Liverpool took the alarm nnd advanced equal to 4c In our money. Cotton people are still In the dark as to the actual damage done by the great storm of last week. The reports are contradictory, some affirming that the Injury Is slight. ndmlt. Moreover, another West (mil an storm waa said to lie threatening, thin one coming from the direction of Yucatan. Mlsn titles' crop report wns considered bullish. Its data enme down only to September 2S nnd thus does not Include the effects of the atorm. be they nmnll or great. Homo low temperatures were reported In Texas ami rains wero predicted for the gulf nnd Atlan tic statea with northeast wind*. Manufac turers wero buying futures nml Wall street nnd pool bulla were acting on the nggrea- slve. Shorts nil over the country covered. At the same time the South sold rather freely ngnlnst the actual cotton, and there was n good deal of realising, na It wna feared that the rise of late has been altnidy nt the expense of frightened shorts ratbor Heavy rains occurred In the central nnd Atlantic sections of the belt. Much cotton Is said to have been blown down In the cen tral section. New Orleans and Memphis dispatches In some eases declared the dam age to be exaggerated. The signal service says: "A second tropical atorm Is reported or approaching the Yucatan channel from the east." Today’s development* will depend on the crop reports to ne Issued today, and also the weather and the news nbout the extent of the recent damage to the crop.—Glbert & Clay. 2.—The Tlmes-Deino- iya: Many a once confident short who had held on by the toes fell victim to yesterday's cumulative bullish sentiment. Margin culls, stop-losa orders nml the not Illogical desire for safety nt almost any cost upset bearish theories completely, nnd buying commission* kept wire house wires blocked pretty much all day In so far ns the talent kn^w, storm damage of Impor tance had occurred lu a few localities only, but the report of a fresh atortu brewin' Private Wire to Ware A Leland. I$ew. York, Oct. 3.—Anaconda up 2 points in London. Atchison up 1 point and expected dividend tomorrow will be declared to equal 6 per cent for Atchison com mon. Bullish sentiment not quite ao pro nounced In quarters that have been active in the market, and while ‘the Impression seems to be gaining ground that monetary conditions may work easier later In the week, It Is still ap parent that long stocks are being liqui dated wherever the market permits. Attention la being called to a num ber of the low priced rails, especially In the southwest group, as. well as to far and Koundiy and other low priced Industrials. Reading may be lifted higher, but think It advisable not to follow it up and would only buy the good stocks when unduly depressed. New York Financial Bureau: Specialty Improvement should continue In the stock market today. We would assume the position of conservative bullishness on the general market. Money |* working easier nml the political altuntlon seem* to work more In favor of 'Wall street's candidate- daily. Developments over night show that the stream of gold dlreoted toward this center Is hard to stop, having gained n grrat momentum from both natural and artificial factors. We do not expect to see a wild market—far from It—hut we look for Improvement under specialty leadership ns of South* America must not he overlooked as a really beneficial fundamental for the future. The year has been n hard one In snects, hut the great prosperity bmnper crops has lieen a hard Now York, Oct. 2.—Marshall, Spader logically be unward, with Daniel Odeli A Co.: We look tor con- Inued Improvement In specialties to- ay. The tone exhibited wns bullish nd the powers are evidently willing to ee a gradual hardening of prices. Still we expect recessions from time to time, however, j \ il would buy standard rails on soft spots. Dow-Jonea* Summary: American In Lon don arc steady at about parity. Atchison dividend meeting tomorrow. Government crop rc|Hirt comes today. Gold Imports ngnlnst government depos its so fur $38,472,000, of which $22,083,000 bns arrived. Alton surplus for year equal fo 1.28 per cent on common. Money situation better now than when the crop currency movement hegnti In Au gust. Light demand for stocks In loan crowd. London fearing advance In bank rate on Thursday. Outlook In Cuba peaceful. I'resldcnt returns from Oyster Bay to lYashl ngton. Election betting still 2 to 1 on Hughes. f'Ast of landing nnd maintaining 10.000 troops In Tub* for two months nnd return- ‘ i^Mthem to this country estimated nt $50,- Twelve industrials advanced .79 per cent Twenty active railroads advanced .49 pc/ cent. AT THE OPENING Exceptions to the General Advance Were Few in in Number. DECLINES SLIGHT Yesterday’s Quick Invited Profit Taking. Rise STOCKS REVIEWED BY NEW YORK SUN York. tronge noticed In the atoek market prevailed yes terday from the beginning to the end of business hours, reflecting undoubtedly a ’nl feeling among speculative opera- that for The time being at least the forco of various adverse factors with whlrb the mnrkef has bad to eon fend In the near by past hnd considerably lessened. The end of the Cuban situation la not yet, of coarse, but from all appearance* there are likely to l*e few defclopmcnts In It that the financial community will count harmful. During the last week the vlctlon has steadily deepened In the minds of nil thoughtful observers that the Hearst candidacy for the governorship will meet nu overwhelming defeat at the polls, while In an affirmative sense the strength of the opposing candidate ha* Just as steadily grown. Another rise In the price of rnw menta which have, during the Inst few made the atock market outlook more at tractive continued to make their luduenc# felt today. For the most part prices ad vanced. although there were enough excep tions to the upward movement to prove that yesterday s quirk rise had Invited heavy profit-taking sales. This aort of idl ing appeared rather conspicuously In the Pacific stocks. In Ht. Paul, lu Pennsylvania, and lu Baltimore and Ohio. But. on the other hntal, the United Htates Hteel shares continued fo he bought benvlly at advances. In expectation of Immediate announcement of the ora land lease, and the Itock Island, Coppers, Texas Pacific nnd Atchison were also extremely strong during the morning. The market was encouraged by the relaxa tion In rail money rates which hy mid-day were down to 6 ner cent and by further Indications that the premiums charged re cently to borrowers of time money were soon to disappear. This demonstration of the adequacy of recent money market relief of course caused less attention to be paid to the movements of foreign exchange and the possibility of an advance in foreign bank rate*. New York. Oet. 2.—The stock mnrkel opened almost generally higher and In the first 5 minutes gains were established of from 4m per cent. Copper and New York Central advanced % ami Pennayl-i vnnla, Erie. HteeJ preferred nnd Colorado Fuel rose 4- The atock market waa more uniformly strong this morning than nt any time In a long period, exceptions to the general ud- vanro being few, nnd. where losses wero made It wns for some special reason pecu liar to certain stocks. The feature of tho, trading was the activity In low-priced) stocks, led by Hock Island. Exceptions to the general strength were Ice Hecurltlea nnd Distilling Herurltlcs. } Governments uncbnQged. Other bonds atfr active. LONDON 8TOCK MARKET. STOCKS— Anaconda At ••bison Canadian Pacific .... Chicago, MIL A Rt. Paul Erie Illinois Central Louisville and Nashville . Rending Pennsylvania Southern Pacific Ihilon Pacific United Htates Bteel . . . do. pref NEW YORK COFFEE MARKET. Following Is the opening range aod close ig the Yuen to n channel gave tne average lu a bad day. The big effect of the old will probah sold good g.„ - - he does not possess for even a large yield of soiled cotton to help him out of bis trou hie*. Yesterday exporters bid 3 points nti the December option for October delivery of Liverpool good middling, nnd the bnsls evidenced no weakening tendency. Mean while the magnitude of today's estimated „ receipts at New Orleans nml Houston hs No. 2 wl, 74®76: No. 3 do., 73<ff744; No. 2 to thp undent of the staple, emphasised hard winter, 744No. 3 do., <4v744- the fact that the Galveston movement for Heptember, CHICAGO CAR LOTS. •Minimum temperature* nre for the 12- hour period ending nt 8 a. m. thla date. HEAVY RAINFALLS. . .3.30 ...1.64 m at Dlst. Averages. ill 1-3 REMARKS. The weather wss decidedly cooler over n portion of the lu»!t Rains were ,i |th heavy amounts reported from corgin, North Carolina. Florida, and Ain All reports from western districts •slug on account of wire trouble. K J. b. MARBUUY. Section Director. Wheat.. Corn.. Oats.. .. Hogs.. .. LIVERPOOL GRAIN MARKET. Wheat opened 4 higher; 1:3 p. m., 4 to 4 lower; closed 4 to 4 lower. Corn opened unchanged; 1:3 n. m., 4 higher to unchanged; closed unchanged. NORTHWE8T CAR8. • The following figures give the northwest 8TOCK8 AND BOND8. Bid. Asked. Georgia 44s, 1915 112 Georgia, IL h. 6s. 1910 106 Kavittrash 6s. 1909 1024 Macons 6s, 1910 106 ' nta, 5s. 1911 106 uta, 44*. 1022 MT Atlanta 4a, 1934.. .. 10| Atlanta and Weal Point. , . .165 Atlanta and Weal Point Debts..107 Central Railway of Georgia 1st do. Income do. 2d Income do, 3d Income Georgia 266 Augusta and Havannab. 'JR iota , about 45 per cent of the wh'ole, as against about 33 1-3 per rent last rear, and to this extent Texas hs* been carrying the movement burden of tho belt at large. The government condition average should not show storm damage. At the moment the weather being practically the only In fluence that really counts, the course of the cotton market Is too complex n puxxle for the expression of conscientious opinion. The outlook fs dangerous or safe, according fo the logic the msu follows, rather than the statistical calculations he has heretofore watched carefully. Yesterday’s net gain of SOUTHERN EXCHANGE Oldeat Established Office flouth. COTTOI—STOCKS—BOROS—GRAIN Ground Floor Qould Building. Dally market letter and market manual mailed on application. nounced. In our market, aald general Influence making for the better feeling, there were no specific develop ments of note. It Is clear that tho tech nical position of the market has been helped by the recent liquidation of weak holdings and by the throwing over of stocks hy certain, large speculative plungers, and It Is also w-ell understood that commitments for the decline In tho market have In the 4sat fortnight accumu lated In considerable quantities.Glbert & Clay. some 65 points was, under the elrcuni- stance*, reasonable enough. More hnd weather nnd the confirmation of storm dnm- nge reports, however, will be required to bold It.—Ware A Leland. Jnnnaty February .. .. March tC.r June .. .. , July August Heptember .. .. October November .. .. December .. .. Closed steady. Opening Range. . 6,60-6.65 6.75-6.80 1704.80 1754.85 fJMJl 6.904.96 6.95-7.00 7.00-7.06 7.05-7.10 6.364.45 14M.65 1554.60 1804.16 1854.90 1994.95 7.00-7.06 7.06-7.10 7.06-7.10 6.404A0 6.454.60 1594.60 LIVE 8T0CK MARKET. Chicago. Oct. 2.—Iloga—Estimated re ceipts today 14,000. Market strong to 5c up: quality fair; left over 3.429; bulk $4,600 6.Go; estimated for tomorrow 28,000; light hogs $6.26f/6.774: mixed $6.l5{i6.80: heavy $5.906176; pigs $12Sf}7.15; good to choice heavy $6,704/00. Cattle—Estimated reeiipts 5.000. Market stiuidj; quality fair: beeves $3.96497-20; cows ' $1.39404.60; heifers $2.40ft5.»; calve* $6.6049 8.60: good prime steers $5.40497; poor to mcdlniu $4,504)5.90; Stockers and feeders lf.M4N.60. Hhocp— Estimated receipts 34.000. Market oak; quality fair; natives $.1ff6.4S; west- m **#4.59; yearling* $5.36«6.90; lambs $1,254/7.00; western $4,257/7.45. THE SUGAR MARKET. •w York. Get. 2.—Local refined and raw msrketa steady and noctauM. tondon beets steady; October 9s 6tyl; No vember 9s 4tyd. WM. L. PEEL. President. ffiXS«W». ROBERT F. MADDOX. Vic# Preside*! jJJ. V. 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. - THE METAL MARKET. Nrw York, oct. 2.—The metal market * trading was quiet nnd prices slightly Ir- i*gu!ar. Copper strong but unchanged. Tin down 4c. Lead and spelter were easy. GENERAL DUVALL TO AWAIT ORDERS IN ATLANTA. Washington, Oct. 2 — Brltudler Gen eral W. P. Duvall, commanding the Department of the Gulf, with heed- ouarters in Atlanta, who was at the department yesterday In confer- wlth General Bell, chief of staff, ano other officer*, with regard to the movement of troop* In hi* depaitment that have been ordered to Newport News for embarkation to Cuba, left here last night for Atlanta, where he hold himself In readiness for or- ; to Cuba In esse any more general ers arc required In the enforco- t of the peaceful occupation of th# sod A. lata.. .112 L. J. ANDERSON & CO Bankers and Brokers, COTTON. STOCKS, GRAIN Comspoidnt's Capital $250,000 REFERENCE, THE NEAL BANK PHONE 1417. PRUDENTIAL BLOC ATLANTA NATIONAL BANK ATLANTA CA. C. E. CURRIER, President. A. E. THORNTON, Vice-President. H. T. INMAN, Vice-President. GEO. R. DONOVAN, Caahlcr. JAME8 8. FLOYD, Ags’t Cashier. Capital $500,000.00 Surplus and Undivided Profits $500,000.00 We Solicit Your Patronage. HUBBARD BROS & CO., MERCHANTS Atlanta Offices, 212-221 Century Building. Members New York Cotton Exchange, New Or leans Cotton Exchange, Liverpool Cotton Aaso- elation, Chicago Board of Trade, New York Cof' fee Exchange, New York Produce Exchange. Iiuslnesa aolicited for the above exchangee. Direct wire aervlce. Correapondence Invited. Phones 454, Long Distance 39. A.S. Hustace. Mgr. Safe Deposit Boxes For rent in our Vaults m 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.