The Atlanta Georgian. (Atlanta, GA.) 1906-1907, October 05, 1906, Image 13

Below is the OCR text representation for this newspapers page.

THE ATLANTA GEORGIAN. Friday, October is, jm 13 111 New York March, April, May and July Closed at 11c Mark. ALL NEWS BULLISH Recent Wet Weather Has Seriously Damaged Cotton. XKWK AM) UOttSlI* Of »h* I>ecy Staple SPOT COTTON MARKET. firornortl. spot ratton Arm: mMrtlliiff »n- 1*1 S 6.144; VW *.W>: American 1.40V. Knlntlon ntnl export fc»; receipt* 1.430, 8 Attimfn!•*to««ljr at lOHc. New York, qnlet it Orica its. flrui at lOftc. Augustn. steady n * Suvaiimill, fjtemljr at 10%C. St i.oultf. Hr in at 10%c. McrnpliU, Ann at 10%;.. Norfolk, atcady at \6%c. Chnrlcftop, firm at JOtfe. N'o« York. Oc). 5.—Tho cotton market trading at the opening: * wax trlld. I'rlcea ri . r e Influenced Uy heavy buying on strong Mvcrpoel market and ttnfavornhlo weather condition* In the South. Tl»e first quotii- tinns were jollowed l»y reaction* of is point* and then the Hat advanced 3S point* slum- Inst night. The late advance .vexterdnr In New York of some SO point* wnx mild; na compared with the action of all cotton markets ut th<' opening thl* jjjornimr. UverpiNd was first to open. It \rn* lllghtlv Letter than expected to start with, but Inimedlately alter the opening the up. turn was of n sensational nature, with the market more active than for months past. rlecs In that market were ilBhcr, with the tone fe verish. ,, The range was wide, tne dlfferenea lie- tween flu* highest and lowest point* be ing £324 point* In the active month*. Following I* the range In the cotton mar- k.-t In Liverpool todnj Oper.. High. I^»w. Octoher-Novcniber. . . ,5.(14 5.87 5.68Y& Jrtimsrr-Kurils.• . A«l J.87 5.64 Miirch-Aprl! 5.68 5.91 6.87 Mny-fnnc 5.71 6.96 5,i2 The spot market was firm nt nn ndvauee of 18 point*, milking middling 6.14d. The demand was only moderate, vplutwrM taking |,uft) bale* nt the ndvauee. A full response to the early Liverpool advance would have |t*>n nn Improvement of points st ft,*.* opening, hut New York lin«l the hull fever In uu acute stage, ind 2114 point* advance was aocldediy too pn'lfl to what price* shoub . vhodr wanted cotton. Operator* paid the ‘price# asked. As a result, opening quotations were 17©35 points higher—the advance landing May and July In the lie The msrktt gained strength ns the ses sion advanced, and up to midday the open- lug Improvement was Increased 13(229 points, adding March and April to Mr July, nil going aliove lie. Realizing sates caused a reaction high The New Orleans market was also decid edly Arm, the active months all crossing the lie mark during the carlv trading. The following private wire telegram de scribe* the later market la that center: -The market Is nuiet. Shorts are sick, sm! there Is no selling power at all lu evl* drnra." The dominant factor for the advance rlnrt that ,„V V.WW MHW ■». F ^ .. ,w, FMy. by the recent decidedly unfavorable weath er. The trade at first was slow to believe the report* received from the belt, claim ing that the farmers In the past give nut exaggerated Information as to the progress of the crop, especially at this scasou of the year. ft f* now dnwnfns upon the trade fhnt probably the worst has not been told: that 13.00,000-halo estimates arc being abandoned, and that 11,000,000 will bo nearer tbe fig ure. Well Bros., of Montgomery, In their crop letter of October 1. say: *Tp to tbe 20th ultimo. 8entem1*er weath er could be cn I led fairly favorable. Tbo rains and cooler temperature durlug thnt perM had a refreshing Influence on that imrtlou of the crop which was subjected m the heated spell during August and fon»equent rust, which was quite preva lent. and deterioration which had taken place during August and the early part of September, was checked, and ngnln the cotton plant showed n reviving tend- moy, the top of the stalks becoming again S reen. In some Instances, the plant bad •terlorsted to such an extent that we roald not but estimate up to that period a considerable shrinkage of the yield, as com pared with last year, lu the Atlantic states. Including Alabama—probably a half million to «w,<x» bales. -On September 20, we estimated that Prlvnte W ro (jihert & o|ny. V,’’" }'''*■ Oct. Mn-rfamr nf ff:» n. tn.. 1*814 higher. Wes dut. 1J hliilier. We Minnlil open iijt lilglier * The soveruuient will today lime n tv- I'lni °* cottou on ha ml and coustiuip- TUe Commercial says: “The nest gtn- uers report up to October u Is sure to make a liulllrh showing.'' Liverpool cablet.: "Market mainly profes sional, hut steady; finding oullUb uu ac count of strength of actual cotton." Frost In norths * The snecuUitiv d that auy IH „ If It Ik* unrvilable. has an limu< effect, aud until tteople recover their senses, a market opinion Is valueless. %Tb« bad weather of Inst week has changed tbo entire market outlook, nud fluctuations are likely to lie erratic for some days, and executions, we fsar. will bo disap pointing In many Instances. New Orleans. Oct. 6.—Liverpool nt 15$44 up Is as due on our market, spot is up show*s the strength of that department. A dispatch from Hearne, Robertson coun ty, Texas, says: "Since the cotton mar ket ha* taken on nn advance, the farm ers arc taking advantage of it, and are solllug freely. Private Wire to Ware ft Lolnnd. New Y’ork. Oct. 5.—Liverpool futures bpened steady 11 up on near and 11 up on late. At 12:15 p. in., 15 up on October and 12613H up on balance, and quiet. Imt steady. Sales 8,811 spots. (U4d—18 up. Fntnres were due to come 9(19*4 up. Liverpool cables: "Hood Ferule doe nor think market can give way much nt thing seems favorable to qn advance the market In anticipation of a very bull ish glliners' report next time.* THE WEATHER. LOCAL FORECAST. For Atlanta and Vicinity—ltnln tonight, followed by clearing mid cinder Saturday. WEATHER CC NDITIONS. Cloudy weather continues east of the Kooky Mountain* and rnln# have been gen eral In southern Texas, the lower Missis sippi valley and nt stations In Alabama. Tennessee and northeastward Into New Yoik. Unlit was falling at Shreveport. Vicksburg. Meridian. Memphis and Birming ham this morning. The following heavy 21- honr rainfalls are reported: VlrksUncg, 2.74; Gnlvcston, 2.1(1; Cornu* Chrlstl. !.%. The pressure Is lowest over the Great Lake* and on the const of Texas. Moving In over the northwest Is an exten sive area of high barometer central over Nevada, while 11* crest extends southeast Into Texas. The advance of this high Is causing a general fall of temperature to the east and southeast of Its center, producing lllng frost In Honth Dakota and western -braskn and light frost In northern Mlnne- The conditions favor rain In this section tonight, followed Uy clearing and cooler to morrow. Edited by Joseph 13. Lively MARKETS .Mr. Lively's twenty-five years* experience of ed iting market* In At»-ui(« and the South has made tifnt n rer»£jij*«'d au thority In bla specialty. RANGE OF NEW YORK STOCKS AND COTTON MARKETS COTTON REGION BULLETIN. For the 24 hour* ending at 8 a. m.« 75th meridian time, October 5, 19-18. STATIONS OF ATLANTA DISTRICT. •Atlanta, cloudy. . . •Chattanooga, foggy. . Columbus, i lowly. . . Gainesville, cloudy. . Greenville, cloudy. . . Griffin, cloudy. . . . •Macon, p. cloudy. . . Montleello, cloudy. . . Newnnu. cloudy. . . . Borne, cloudy Spartanburg, cloudy. . Tocroa. dear. . . . West Point, cloudy.*. remp'ture. Max. Mlu. T«" "64 t rlH I »4»l. i nning — •Minimum teuiiwroture* are for hour period ending nt s a. ui. this HEAVY UAINFALL8. Jackson. Miss Vicksburg. Miss Yu son City. Mis* Notches, Mis* Alexander, Ln Drookhaven, Miss.. .. Cheneyvllle, Ln . La Fayette. La MellvlHc. in s|f m CENTRAL STATION. Ur Atlanta Augusta Charleston Galveston Little Rock Memphis Mobile Montgomery. . . . New Orlenus. . . . ^Oklahoma rtavnnnnh. . , , • • Vicksburg Vicksburg Wllmlngto :on. IT Dlst. Averages. it* r= KAMI} OF STOCK. Americau Sugar Ref. . do. preferred. . ! ! Atchison . do. preferred. . . . American Cottou OIL . Amur, car Foundry. .. Baltimore & Ohio. . .. Brooklyn Rapid Tran.. * ajmdlan rneltb*. . . . Line, ft Northwestern.. < he*«„Mke ,V Gftfo. . . Colonnlo Fuel k Iron.. Central Leather do. preferred. . . . * hie. A: Great West o. S -. MU. k ML V. . . ware & Hii.Imoi r Erie. [»>Hller'.^urluia::: Gensral Electric. . « . tiiho.it » Amur, li-e Securities. .. Louisville ft Nnv»v||Ie Mexican Central MJitnurl Ihn lflc £ -I i!«p I 1 lln*! i7 : >«»| ’id i IflUl | -Jj evti mhi « i nj-41 £% Totnl .took inle, 1ml.9’;.3Tl',lirr„.. yot.'.'-Nx rk.lng lilil. Kami: ov btock. i! I U N. miij Sc ti‘:,u-ru. .... . 47Hl 4" fTTS 4» 4JH NntUunl I.CU.I [:s [ 7- ; 71$, 7VA\ I V7-, Wli«# DoiWr .. 214 2l6’.i 211 | ”15'll York lYulHI . , J3»«k JO'Il 147'X 4M& Norfotk ft . . M *4 M - u2 “ i-wm.jrlmiiln 341 IMS IM-tiJ linii f-fOBl,', 44,, ! uw. mi m< »»M SIh 1 ij I'aclfic Xlnll Heading. do. preferred. . . lulled States Rubber do. nrefe.-riHl. aoathern I’scldr Southsrn Railway. «o. preferretl SJoss-Sbeffleld. . . fenn. Coal A Iron. Texas** I'nclflf. www W:::^ I I MVi *1 . , MU; ij" "ij 1 J.nloN l-nHfl,' lUYi, IS7V% lOW 1471*1 i.nltfrt Htatr* Slri-1 17 '• 47 ! );C <9 .. ‘In- |>r.ftrr,<l l»;i. 1077,; 1SSV 1M7* Yo.-Cnr. Cjl.inlmil 1 II ' T' 40 Wnlm.h, . . . I in* J)V, 2»i] ■’* |ir,f,rrwl. ln.iM.il 1 tin iVlilr.l, 1 571,' :; Y l) ~ *> WIkquMii t’rolnl. ) «%• }7S) 2»>', tHH....’..) n% -In. nr»>rrrwl. Ml*; bj*i >■?, 644?' ' ' - 1 in-roimi wire Ir .illilc. I Kg NBW YORIC. The foltiwlnjt I. the rnnse In eotton fu- rsuje una close, come.: ii>., in Non- >nrl; lielur; eln,e f.IVilRPOOb, The M.anine Aif irc. cl‘'e (be niieliln* ..... .. .. red ,r!tli ;.ltrrduj't NEW ORI/EAN'S. Futures npeiiotl firm. ,—... . Prerlen. In. nee. now. Cine-. ... . :i s y T~| • » Us ! - « 3 U.OOtti.11 to.* |U2|IHM2jI0.C6-«7 1 "iT.'.Jun; - iUl.nifll.01 H.ni|!UM2|l0.67«1 .6.63 . ,6.«j Ji.$ m 6 *? . .5.64 -6.84 5.M . .5.64 5.71 j.U . .5.70 5.71% it.dV/i . .6.72 -5.71% 5.*» . .6.74 -5.75 6,93 Closed hardy steady. . ! I'M :|jj.st'u.oSfioT^iv6.*ik»'»5|ii!rs5s • • • ■ lin.*i.»!iri.,M7 ... .,11.n) 13.7510,M10.WO,M-*3:)n.4S.f1 .-!.»lfl.83|)1.01Ht.rnrrj 19.S7« 3.51 ij-eh. . . . . ...! | !l|.iv7d» 10,(UI6 t.si«i Jpreli. . . ,|7L4U 11.4'.* 11.11ill.lS)ll,14-ll)iJ9.y4-T5 M»W i 1 ** :'.1M 11.641I.K ; ll.a,*).M fwto.HAl I {ski.- -• J?n.«Il»-4o , »»4ii».si!iaH«ift*Mi (*Tn,eil : leiely. ~~ - NOTES ON (TRAIN Tolntcri on Provisions. l :8 REMARKS. The temperature changes for the past 24 hours were unimportant. Italn was general except along the Atlantic coast region/the iiv-it-m, imp I’Winner' renin while we estimated thnt per <t»nf wa* ttttt to open. At this June- tar*, n* I* well known to the trade, the AtT °V ,tnrm * n v,o,<,|ic# ,n All manner of reports are afloat. The 1»endlng over of tawrjJlng the cotton crop are tMstlng i>f the stalk, or lien*..... tne stnlk. Is nolnted out as a sign of the Moppig* of future development or taking "0 of new fnilt, which, of course. Is a ••nnjMctnre. so far. It Is clalnici! that con- ■laersbie open cotton has been blown of the bolls, and Is lying on the *[*>uml soaking, and will proiwibly not In* r ”‘* "mount or cotton lu this condition Is dalmefl to be considerable; and n<» doubt there Is abundsnt reason for this “J™/- "r hart \tetn telegraphed to by a uj'ii!: nuinlier of our friends tor an estimate ‘ damage that has ln*en done, and ‘J *11 Instance* we have heeu reticent In imiig nn estimate, for the reason thnt wo VC* h ” n n,l,e to thoroughly Investl- f»te through our own agents, and re- I''V* frnn > °ther sonrees. In a great tunny m-iVmU'T*' nrf °Plnlons, and wo fear, nn- r.'iiexaggerated. There Is hardly a nnl^o ot b y t . w hlcb to lie guided, conse- r L f r i nn .. pM,ln * ,# tl**i Jan'rtnre would Mtrt . “T ,n *-. especially when we take nftMF * n,i *liionttlott that the treafher here- tuIrJri nn nil-powerful Influence thft.u. nnrtlnlly remedying or mliilmlxliig ism Thero u *»ne feature of tho Z n n : ,‘Mt can never lie remedied, nud Jhe quality of thnt portion whleh ten *, n °r. n 111 «•»«* fields during the Inst up! A benefit from the present moist- Sreii*fn P T*# r '* B n ‘••Pi niny lie de- lat* *‘* c, l n n*. provided a. very “n, Tr ww »l‘l 1>e assured.’* Ins til*a t „ ,nt r W ,or thtf week, aceonl- York coM^ rlnt r nd ^ nt K,njf * of «*»e New cotton exchange, 884,803 bales, against TODAY’S PORT RECEIPTS. The following tebie shows receipts at the ports today, compared with the same day last year: New Orleans. . . . Galveston. . . . . Mobile h'avaunah Charleston Wilmington Norfolk Baltimore Newport News. . > . Brunswick Jacksonville Fort Townsend. . . . Total. 10*9 1149 7437 2490 56960 4143 19928 1922 8139 fin 4638 6188 49892 INTERIOR MOVEMENT. The following tatite show* receipts at the Interior towue today, compared with tbe ■atne day last year: Houston. . . Augusta. . . Memphis. . . , St. Louis. . . Cincinnati. . Totnl. 23506 24486 465.000 last year, nud for the senson, L* 313.000. against 1.651.000 Inst ye rt r. The finish In New York wn» active unsettled, with selling t«» realise profits on ti largo scale, but price* were well held, the close being barely steady. 3*€46 points higher, as compared with the close of yes terday. _ _ Estimated R,c«ipts For Tomorrow. 1906. 1905. New Orlrnns 4.JJJJ to 5.-Ml llnlvrston iftm !”-,2i5 Houston 14.50) to ,.».5>)6 17,751 Private Wire to Ware ft Leland. Chicago, Oct. 5.—Believe one can buy some wheat about yesterday's, low prices and gat a turn out of It. Cables good undertone and largo holdings here remain Intact. The wheat market doe* not look strong this morning. They say cables little too strong. Tho Inter-Ocean says:' Traders In the wheat pit credited the liberal sell ing by Ilulbard Warren to Valentine. The latter was not In the market ipenly yesterday, but watched It closely. Parts of Missouri that have been too dry all the season, are now complain ing of too much rain. Charleston. Mo„ had nine days of rain, and the corn crop Is not being benefited by It. Cash business on wheat In Chicago yesterday was SS.OOA bushels mixed ' 700 bushels, Including a rail to Baltimore, and oats 254,000 bushels. The seaboard re ported 125,000 bushels wheat, 00,000 bushels corn and 50,000 bushels of oats taken (or export. There were claims of 250,000 bushels of ocean freight room taken for wheat on the seaboard, mostly a speculative venture by exporters, owing to the low rates for ocean tonnage. Private Wire to Olbcrt ft C7ay. Chicago, Oct. 5.—The Record-Herald sdys: You may record my prediction that America will be exporting wheat to Russia before the end nf the pres ent crop year," said William Dunn. "The situation appears to me to be most remarkable. It Is seldom one see. conditions In the wheat market so fav. nrnble for the speculator and Investor. You can hardly ask the farmer to sell wheat on the basis of 50c per bushel when he had raised only 4 to 10 bush els to the acre, as la common In many sections. I think the northwestern crop was vastly over-rated at the be ginning, and that It will go Into his tory as the fake crop of the genera tion." WEATHER - FORECAST. Oenrsls. South Csrollns nnil Bo stern Hor- Ids—Partly cloudy Friday sud Bnturduy. North rnrollns—Partly cloudy triduy; Saturday showers. , . Western Florlds. Alnltnms nnd Missis- slpid—Showers Friday; kelurdsy fair, fliulslnus—Rnln Friday; Mtunlsy.fslr.. Nastern Triss-Hsln Friday; eooler In northwestern portion: Sntnraxr fwlr. Western Texns. Oklnbonui. Indhit. TerH- MONEY PLENTIFUL TO CAREJFBH WHEAT Farmer Has Powerful Al lies to Manage Record- • Breaking Crop. WARE A LFLAND'S Chicago, Oct. 6.—Who want* the wheat In Chlcafo? And that destined to come here? The last half of the question Is a great deal easier thsn the flfst. The farmer, of course, still owns the great bulk of this year’s record-break ing crop, but he has powerful allies. If the names of the latter were known It would dear up a great deal of anxiety In groin circles yie world over. It Is a conservative estimate that there are 25,000,000 bushels of wheat bought and owned In the Chicago mar ket outside of regular grain circles. The figure might easily go a few mil lions higher, und probably It will be fore the campaign Is ended. Charles Sweeney, 8. C. Schwab, A. I. Valentine, A. J. Lichsteln and Albert Dickinson have • Invaded the wheat market with money In the belief that more Is to be had In owning the prop erty. The two last nsmed have their wheat reduced to a merchandising sis, owning U outright In local el( tors. bu- leva- DAILV COTTON LETTER. Ken- I111J. opt. t.—Th*» excitement of i**t Wf*«k wus very turn* In rrunpiirlsou with tnr MPrsut-ourrl ilpvdnpmenrs thnt stni'tH f’/itiirihi.r iDornl/iK. und b-iv* couttnec l nn* }nlerrtif>te»Rv etery d«v this week. From !*•. irh itMflrcr tuts advanced to the llr point by loons nnd Immiiw’a. >.nil hn* shown Its- te*th In n /mhlon that hr.* rn.- "•fed both bull* und bonra oxtr*fncly enu- tloux nnd rttoservfttlv*. Hrartlnji from tin* sulf storm* ;ind Lesny rains In n*nrly oil seetlons of thp i»otto:i t-olt. news h-*s bo<»n of the most tinltfsh kind. nnd. *s it rasult, short cover!nu hn* !**>„ ^ning on dolly end hourly nt n rate thnt «h#or»»od nil ihi* nootlny siinplr, nnd tr.om was nothing for buyers tn do l»ut mleon«*e -tn*l ndvnm e nnd odrsnee prices. To nnve cotton sdvnnev.1 2 cent* In ten days hnnnoug tmt once In many rears, and. ns n result, the trade tuts »*oen thrown cotnnJetely nt em. Now thnt tho fever Is on, the excitement has got to run its morse, nnd until tir e ore alms of on aliafetnent of the furore, thera wilt l*o tittle disposition to eHI cotton. Wo ran *n!y any thnt sentiment on cotton hn* **eon coinnleely changed, nnd a widely ffnctnntlng market with alternate wore# of lioylur end selllmr ran now be cxpcide l until after frost dates nud smnciblnj; Is known atxuit the crop. aow vorg Oct. *.—U>ut1on Irrecnlnt', bnt n Mvorsblo bank statement looked /or. nn«l time money |« now obtoluablt* »t i per edit, (.’renting tnr en»ter mudlrion^.-- The ujorket is prcfeyslouat to quite extent. nm| look for morn or let*. scUlii# In the Southern group of stock*, out* 10 the udrnneo lu cotton thut retu-vta u ufcort crop. Sentiment ll aGU'qnlto bn Wish In the Iww.t qne.rreiH on Kteeiu, pin! would !ft\or oir Amnlannuted and Amn^ndn, fchouhi they shmv declines, itUliouifh urtenlbm lu beliiK diverted to Copi-or stocks o:* the curb. As was stated yesterday, r.joxt utamUiid active Iksuhii are roitdy for betterment, amt little yhang* trciu resrardny's butlvllual* Is to In- reported. TectnTi'ally. l.'nlou and Southern raciflc, Coupe., Hinetcera. t'eun** I yilRltt. Roe!; Illttail. Bteid ■*-“ *' *~ -jjar*-* lr? bought when desired. low-Jones' xummfiry: American stock* lu Isomlon Irreyalsr. mostly kImvv pxvlty. Money pondltiop* working easier abroad. Cuban lufurttH*;os eoutluue to dNiriu. tfobl tmuHgotiMUUi now tout ftO.Ojl.MC, of which 817,»*.orv* 19 atlll to arrive. Usurer an l Rio Grande famine's fourth Hjw’k^uf beptecit,4-r ahow grosa Incre.iso oi earnings for Angv*t an-w surplus 128,400. lien. '•(Jl 8;7, nn lticieuse of llJ.^34. W 'r-eoiulii report* show earning: * - eonituoa dl-.*blend equal L7J per. cent on stoek. Stork trnm.;er t#ix ivt'.i r>w mere (ban J7.6t3,00O per nr.nim. Twenty neine ralt/'mds Uecryastra .i*C per eeut. • I'rlvstc Wire ... New York, Octolwr 6.—Mural k Co.: "Today's muflxet doe?; not prem ise to Irij uu eventful one, liat we nr» rather more Inclined to look tor steady urcKXuro :ind hHuvIness than the r. *erse. There la nothing upou which to u»v«* lui- iniMllnte netloii in luiylng st-v/c, nud v.-e ueliera lietter opportunities will tnko phiee. X«w York F.nanclal Bt reftu: Tho entire standard list of active docks acem to us to be ready for s recovery any time. If eatiafactory shortage has beea estubllrhed It may ta :c place any hour on the prospect of a good bsnlt statement tomorrow. If not, a litUa tnoro (rofulnrity with a specialty or two put up may he expected. We ad- ocate strungly tho pumliaso of the standard active Issued as a whole on any soft sputa. Tho narrowing tend ency Ih signllicont of nothing but a burdening during a watting period hlch may end any time now. This position takes Into consideration all THE FIRST HOUR Important Iloosse Were Buyers of All Promi- I* nent ‘Issues. AT ADVANCING PRICES —i 3 Was Quiet and Persistent Buying of Atchison During Morning. New York, Oot. 6.—Trnuanctions luer- *ed considerably In . volume on the stock * x- Itnnxe this morning, hut the greater actlvUy was confined entirely to n few select s: ><•!.*. AmnlsnnmtiHl Topper ftdvancmi very sliarp- ly. the movement Ixd/ig based on the tatlnii. which iip|H’ar* to lx» well foun.b‘'l. thnt the renuirkiiMe strength of cvthlltfnn* III the copper trade Will Induce a further ilIrMeiul Increase at ttt<> Ineetliig to be held In two weeks' time. ron|H»r metal advnnreil to new high rec ord figures again this morning, and He- fu rious speculation In copper mining »l>.u--s on the curb market wn* renewed. New Y4*rk. net, 6.—The stock m.irl.et opennl steady In tone with prlrr# In a majority of cafra-unchanged, or show lug a gain of from % t*» %. rnuadtnn Bad Me, however, rontlntied weak, tiff 114. i’eitii* aylrnnla tlewii Ktigtir li, ami RiiIc-t common V« lowor. The rtilfetl Htetgs Mleet series were nguln especially favored In (lie buying, ami I'nlou rselfie nnd H*mthern I'aclfic ^rerc ut vnrfont Interval* extremely strong, lint the nn-r** confident feeling which tin* rise In the*** stock* engendered hud no greit effect ou the rest of the market. Trailing In oilier stork* was very dull. Und their prices went little changed. It tfppcnrc.1 flint the specu lative energy reiuMutng was too limit'* 1 to be absorlNMl with more thru n few share* a time. There was irucxpoctrll strength all thfonuh the list during the greater part of the tlrxt CHICAGO CAR LOTS. Wheat., f’orn.. . Outs.. . Hogs.. . Today. Ton*«r. COTTON SEED OIL. cooler Frl Saturday; Western Texas, iixinnnma, in* tor, anO ArkonMS-CIsowrr, spd du; Haturdsy fair. Tru afuee-nlr r/Mfy ana wmvwbsl i-oolor Bntiirclajr. WEATHER IN WHEAT BELT, Extreme N-rthtreat-Cload,: 10 ta 24 nlKire: Beaersllr rooter. . .. . North we, t-l-arti, rloudj; SO to 42 aimer: showers In tlnrou; killing frost In Bs|ila * Writ and Boiithivi'st—Parti/ elonil,; Si to «l nhore. si-ni'rnl ralna In Rnnaua; local rains lu Sflssourl slid Illinois. Ohio vailer—Oenerslljr cloud,: <4 to i0 abort; gentrsl rains. NEW YORK COFFEE MARKET. New York. Oct. 5.-T ler I i del conscnnenct.. There was not mnek Mature to the 1 news. The Ktiropean ninrkels hsnl- ly responded to the rinsing gslns of ,» - iilor- ,lnr In the loenl uinrkel.—Olliert ft (In,. Following Is Ih- opening rsiirosndcwee of tho Now York cotfro market for to- GIBEIRT & CLAY 1 «. ALABAMA AT. STOCKS. BONDS, COTTON. CHAIN. CO FFCC. PROVISION* MCMDCRSl ATLANTA. OA. C 8 .'^ ESSRffis; K^SK:|L&. n ST?<»n“ ftTSriation Cole. KSKSgilNiJ Orleans K2rd of Tr»Jo.|oal»e!.ton Cotton Exohang* L...i , _ Prtvnts Wires to nil Exchanges. *■•0.1 and Long DlsUns. T.I.phano 92M. W. n. FAGAN. M.mn.rv ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone, Main C'3. - «sjt* t—• » Jnnlmry February March April May June July August 8*ptmtol*r Ortokr Noremher IbHMFmbcr. .. •• Closed steady. Opening Sffie ::aa .. ..6.TM.91 . ..6.85-7.00 . .T.00 . :isa ..6.60 r|o»r. S.S04.M 6.664.71 6.75 6.76 6.76-6.86 6.866.W 6.M4.96 tti-a 7.06.7.1ft tsui Its H CO THE PRIMARY MOVEMENT. The following Oanri-s give the prlmnr, mm" ment_of wheat —• —“ *~'"" Whent—Iteimlnta I.*42.010 hnrtiels. MO.OOO Imshels last yea,- sh iiineiits ,H.. 0 jnj^hcls. against 671.600 busUH* last 7 ^"orn—Reeelpts 55IA50 lm Mt.OOl Imshels last Vest: 0*1 Imshels. .gainst year. Imahels. against shipments «)4,. fius pel, Inst The Dickinson holding Is a strictly merchandising proposition from flrst to Inst. The others? Well, they would spec- ul.te a little of the chance looked right. Mr. Schwab Is too well known to need a description. He Is said to have betwen 10,000,000 and 12,000,000 buehels of wheat. Schwab'* wealth waa at on* time e». tlmated as high as *40,000,000, but pop ular estimate gives him a great deal lesa now. In any event, however, tire handling of a line of 20,000,000 buehels of wheat would be not at all a serious matter for him. CHICAGO MARKET REVIEWED. Chicago. Oct. 6.—Wheat closed t-»c lower. There wer* many happy faces on the board of trad* during the ses sion. Valentin# had not only been forred nut of his big wheat line, but he had lost money on the big plunge. When he wa* at the head of tn* Ar mour concern he le said to have un- scalped the local erowd to a standetlll. and the local* are now scalping him. Com closed l-*c lower: oate were up 1-I01-4C and provlelona fraction ally higher. The week-a clearances of wheat were 4,017,000 bushels and corn 120.000 bush- els compared with 1,072,000 and 1,11*,. ooo bushel*, respwtlv.ly, a rear ago. Cash sal** here wars 12,000 bush.ls wheat, I5,000.buehel* com and 100,000 bu.h.ls oat*. The seaboard reported 22 loads wheat, 2 loade com and 100,000 buahtls Primary wheat receipts l.HMM bushels and com 501,000 bushels, against 1.201,000 and 012,000 bushels, respectively, a year ago. Clearance! were 201,000 buehele wheat and 171,000 buehels com no oats. CHICAGO ORAm MARKET. Chicago piM sad provision quotations for wBf follow: _ , * Fravlou* Opvn. Ulffc. I^»w. Cl os*. Clot* s» s* 0**tob*r. . November. TH*c6mHvr. Jsnnary. . l\**7 h :: cfosfVl’stpmly. (Vxuliv. Hnslnt. . ^ |i tixv 15 86 HSS\ < s»!' 4 wm 31 C5IU il 0*4', &0 nows of 'this morning. Develop Ihonr. n llli Imwirtatij Inniadi lirovy hnrrn v.entM o\*d»r nishi nrv lii'iwit-tiiui in 1tin* pi’oti'Iniuit l*sura nt lilghvr n.ems over nigni arc important in There wusgMrt. persistent bay log of At.hl- . Sl»i' . flH' THE OUOAR MARKET. New York. Oct. 5.—Ixirsl rrflnr-l nnd raw littnr msrkrt steady suit nnchangcl. tAndnn liccts quiet; October 0s 3k'l. Nn. vstnlier is i'i'l SOUTHERN EXCHANGE Oldest Established OfTIce South. COTTOU—STOCKS—BONDS—GR&IH Ground Floor Gould Oulldlng. Dally market l.ttrr and market manual mailed on application. LJ. ANDERSON & CO Bankers and Brokers, COTTON. STOCKS, GRAIN Correspondent's Capital $250,000 SCrCSINCL THE NEAL BANK ••HONE LIT. PRUDENTIAL BLOC, 4**4 :«r roiiN- fc at Inly «»ATH— r,.:::. ^ Jan.... 13.45 I.ARD— Oct..... 1*5 Nav... >55 J an... 7K aif>r^- .... . „ HiV IS 85 n a; flW hi! *IH 31 U.52H* 13.474 IB. 4754 «.ft) m m ii m i.« i LIVERPOOL GRAIN MARKET. nnsllt, ,’atr:Jreeves I h.'Iters »7.4eS6. ; 5: rolr ,..‘rs t*.;i,'<7: I— or re „ r. ett<l roe-lee* *M”«i4 Rheep—Ks-lui.n* 1 II.'V fin.illrv fnl-: m Tfirliiies »."•* >.V7; li. nhe Jl. »i *'■- “> NORTHWEST CAR8. I.lloalr.g Ilsaree elre ike northwest t. do,. Tsat week i-ilil Inst r,'.i;. tael Ijisr Twin,. vr«-v. \-f. Mlimeniidlta 4*1 ris 770 J. T. IIOI.I.KMAX. President. 5-. J. l l *XO.V. Vlre-l-nsldrnt. tV. L KK.ttl’. Treseurer. J. W. ANIillEn P. 0.. retary. BANK Four Por Cent Inter* est Paid on Deposits ASSETS $150,000.00 On, iollnr stjrt, ait tccounL Heura: 9 t. re. te 6 s*m. Sat- urdatt till 9 o'clock at night OIKrCTOKS I thus. J. l-KKI'I.K*. W. It. STOVALL. FVJ. V-AXON. VV. I). FOOT?. 7. T. IJOl.t.KMAX FLVfrn »l:OOK*,J. M. JOHNSON. over night are Important many ways. Tlio Hearst campaign does not star.) to us to gain auy atrenglh, while the president's Pennsylvania sf.aaoli contains nothing more man his previously expressed vlc»:n. The ore deal may be announced any time, ac cording to our Inf.o-matlon, aud It would cause a rush to cover In ull pronablllty. Tho disappointment ovet dividend action we regard as depress ing to sentiment, but the outside long Interest was two-thirds shaken out re cently and while professional senti ment os a whole may bo somewhat pes simistic, n glance at fundamentals with an Improving monetary situation can not but reassure the eelm Judge nf In vestment speculative condltlunn. We consider very Important the clumber of commerce agitation for npw curren cy law* nnd believe the central hank Idea the beat; first, because It libs h»».n thoroughly tested abroad and, sroond. because federal control will appeal merer strongly to congress than a com plicated system otherwise and would have a better chance for succeas. STOCKS REVIEWED BY NEW YORK SUN New York. Oot. 6.—The Hun says: "The total’ volume of transactions was only half of that of (ha preceding stock exchange nessbm. Tne direct cause, for this notable falling off in business was, of course, a curtailment nf operations of tbo pi-ncq^alonnls of so-called higher rank, but whet the motive* were that Induced tlieee op erator. to withdraw from the market were pretty largely matters of guess work. In th* esrly part of the day there were those who declared thut the heeltancy of the market was due to fear* that matte- for disturbance might be found in the speech of the president of the United States to be delivered at the dedication of the new -an'irl of Pennavlvnnla at Har- rlaburg, but printed abstract# of *hls spvecn snowed that th* president had dona no mere In his address than re iterate hla familiar vlewa concerning the supervision of corporation* by the general government. To moet obaerv- era th* actual news of tha day seemed to favor very positively the construct ive aid* of tne market. An Incident of the day Just before the end of th* ses sion which will surely call for no little comment, was th# announcement of the directors of th* Chicago. Milwaukee and St. Paul nallway Company In mak ing public the new* nf gross Increase In th# company'* earning* for August of 2711,000. that hereafter the new earnings of their company will not ht given out until the close of th* fiscal year."—Glbert ft Clay. THE LONDON 6TOCK MARKET. bonds iiiirlmnuod. Oth-r RTOCKB— Ans-oiols A 'rill-nits. *nn*l!-ii rs-ine. .... Ohio.. Mil. nud Bt. .Paul... iflnai* CenVrsK llinnls t'oiifrri. »..|t74'Al??V|-3 .oulsrllle and Xnsbrlllr. . . .Ilrtiow'pinv temlliiff.. . •rmtsvlvsoln 14IU HlH'HMk Bouthcrn t-nriSe 1 «jjl ALL NEWS FAVORED HIGHER PRICES New York, Oct. 5.—The Sun sny.i! "Persistent reports of serious damage to the crop, rumors that another heavy ■torn) was coming up In the South, u prediction of colder weather In the Southwest, heavy rovering of short» and a good deal, of scattered buying foi st rise, all contributed to bring about another advance. It wus sutficlentlj- large, too, to show that the cotton market Is a broader affair than It Ims been nt any time for a good many months. Professional operators, while they hove n certain Influence, ore not able to dominate the speculation. Thq Houtli was offering split* ler* freely and demanding higher price* for wlinf It does offer. Home bullish reports i'»- sert that tho loss r' cotton by the recent storm was naif a mllll-m hah . and that some S.ooo.nno bales monj ware atalneil. This Is not acceptcii by everybody, but the Impression Is that tho Houtli lost a good deal of cotton, nnd tho quality also suffered more or lees, while In these times of great pros perity In the cotton golds Industry tha demand from the mills runs very Iji k'-- ly to the belter grades of raw cotton; Very little adaption was paid to t.-.o liberal esllroato* of-receipt* -to.hu- .-it New Orleans und Galveston for th- i o- son thnf the total ‘crop movement at present Is comparatively small, t'rr- talnly It Is falling' far helmv what might be expected if bearish crop cell mates are anything like correct. For that matter, however, there Is less talk about a yield of 19,009,000 bales, though some sllek to these figure*, and mnr<? about one of from ll.ooo.oon to 12,0011,. 0CO at tho most. A late fall, however, would naturally make an Imm-nse dif ference In tho else nf the crop. Wire haufea with Southern connection* bought heavily. New Orleans dis patches Inalet that It Is a bull tnarkqt, adding that the crpp has been over estimated."—Glbert ft Clay. nlnn l-siliic ’nlted Htntes Hied... d". i-ref-reed . SMfe lM :tl \. ■ 47-« 4(4i .!lWt ITfg lff New Orlaana, Oct. 5.—The Tlmrs- Demncrat any*: “Aside from all rnn- I'ltlnne of ultimate supply and demand, th* possibility of a spot stiuesra In >)etober, seorned heretofore, Ims be gun to figure In prnfesstnnal calcula tion* to a marked degree, * feet a-hl.-h practically eliminate* fresh short sell ing, thus delaying the coming nf relief tn th* old short speculative Interest, the long end of which l» held by ex porters who ora not yet ready to work out tht-lr hedges. At New York the October contract value Is now ftbnvo that of December. Should the New York ut-ick begin to dwindle befor,. tha Southern ap rt markets are In p. -dtl >n to morn than supply the direct trMt demand shorts will hardly escape on- other toiueeso Mesnwhlio the manip ulator has taken nn active hand In Hu- game, ronsenuently the rnmllU-atlorji of ring endvuvor are ugnln loo complex for comfort.”—Ware ft Leland. , 1\M. I- I'KKi. I’rvaMvaL ‘ ItOItgtIT F MAIIIM1X, He- Pr.-M-Sl JAS. V. \V1X1*144)lt, AssMnnt L*s-hl-r. jHAPPOX-RBCKER BANKING COMPAiff. CAPITAL $200,000.00 SURPLUS AND PROFITS . . $500,000.00 Accounts, small as well as large, invited. $ 1-2 per cent interest paid and compounded semi- annually in our Savings Department. Safe Deposit Boxes For rent in our cavils m the basement of l!is Empire {Building for onl.j $5.00 each, per annum. Absolute Secant}) end all Modern Corccniences You should not be without one. I Ye inv'.’.i you to call nnd Inspect them. Title Guarantee and Trust Co.