Below is the OCR text representation for this newspapers page.

I THE ATLANTA GEORGIAN. rroBER is. i>-«l II SHARPLY HIGHE j) U e to Heavy Rain in Parts ' of Texas Over Sunday. 1 ifBW YORK TAILED ON Scored New High Lcvols for Present Upturn—In dueed Profit Taking. O^OOOOOOOOaiWOOOWKKIlXIOO 0 LEGITIMATE trade g need not be alarmed. 2 sew York, Oct. 15.—Pearsall's o Merkel Bulletin eaye: B "Harvle Jordan, while In Waah- a melon yeeterday, ealil that Wall a Itreet -peculator. are In a con- 0 .piracy to Injure the cotton plant- a ere bv e.\a**eratlng the extent of 0 the datnaxe done by the' recent 5 norm, and Texaa cotton la being a unfairly favored at the expense a of the Atlantic states, and believes a that the present advance In prices S will be followed by a severe slump g unless speculation la checked at O 0 once. 'While the crop will not be ~ 0 si large as anticipated on August . a 1.' said he, ‘It will be the second 0 0 largest In the history of the O 0 South. There Is no need of those O 0 legitimately engaged In the cot- 0 a ton business either as buyers or 0 a manufacturers to become hystcrl- 0 a cal.' 1 Glbert & Clay aowao0000O000OOQ00P0000o »w York, Oct. 15.—Following: lharp advance In LIverpool ( the local | cotton market opened 22 to 29 points I higher, with traders excited.. The up turn in the English market and the | strength here was due to heavy rains In prtfl of Texas oVer Sunday. Prices bore scored new high levels for the prwent bull movenienC attracting some liberal profit-taking in quarters, hut not much short selling. The Liverpool market was very wild «nd excited at the opening this morn ing. reports of rains In Texas over Sun- I day causing extreme nervousness among the shorts, and at the same time in duced liberal support by the bulls. That market was expected tq show an advance of about 10 points, whereas initial prices were 26 1-2 to 27 1-2 points above the closing figures of last Saturday. The close was 20 points up. Spot sales were 7,000 bales at 26 points advance, making middling 6.69. The market was called firm. New York opened 22 to 29 points higher in response to Liverpool's show- Ing and sold up to the best prices of the present bull movement. At the high point there was liberal realising, on which the market slowly sagged, th« close being 8 to 18 points higher. Xffss Giles makes condition 68.4, [ which represents a crop of ■ 11,400,000. In New Orleans spots are quiet, but firm. It Is said that there is hardly any cotton for sale, and that every bale Is purchased as quick as It arrives. SPOT cotton"MARKET. Urerpnol, spot cotton Arm: middling up* !*nd» 8.5M; sales 7.000: American 6,400; spec ulation and export 500; receipts 10,000, nil American. Atlanta. New York, quiet, at contract 300, »*r Orleans, steady st llftc. Hmntinh, steady at 11c. St. Louis, steady at llftc. Augusta, firm at llftc. TODAY’S PORT RECEIPTS. The following table shows -ecelpte st th# prts today, compared wltb tbs aams day hit year: • New Orleans yilreatou Mol,li*. „ ferannnh Jliarfeaton wllmlngton ! Wfoik I rbllmlelphln *«rt Town send .. 14491 26401 1549 11919 1236 r.706 4812 68671* 12889 1003 2501 4986 INTERIOR MOVEMENT. hHj fo, l°wlng tabte shows receipts at tbs i i!!r r n . r ,own » todST. c*tn*mr*d with the ***• day fast year: visions of rotten goods prices trere be the dry goods market t° Gilbert & Clay. ... 5 hTw?' 15.—-Liverpool at LV, ' r l h*fher. _ \\ as due about 9 i 12:30 n. »»•»« hub about 9 up. We •VSJ «»out 35 higher. “SHWI cables: “Market nffected fa- ntu? no by **FPt|si»« largely, Tc’xss .weather reports, sentiment here Is bullish." Ih» hAmJk‘ ,er, j nl n *,°»» clearing weather iu the Houth mid .realising of local longs. October 1 ?^ 110 ” report w,u cnrrjr cr °P ", re . for mwettlrt weather hnurT h “ * he ,e t " url, ‘- next twenty-four The frn.t nren wo. rnnflned to the ex tremo northern part of the belt. The Inrxe prndaclug illitriet. were not nffrctiri. There Is yet a good chance for a fairly rge crop. Itevlsloju ... - — T ,- f . In, made stendlly in .... ...... , llllr »o. on Nnttirdny and further announcements of changes are to l»e made today If there Is no radical change Iii the outlook for trade. Merchants have reached the point where th*re are limited stocks; the pressur tUe mills to secure them against riinnged cotton outlook must Ih» heeded The feeling that price* may be put he .v°nd the consuming level is being k ‘ well In mind, nud general disposition ... the trade Is to proceed conservatively, even lu the face of an extremely high demand. New Orleans. Oct. 15.-Uverp<»ol 28 high ' as due 15 points higher. We should open 26 points higher. The advance Is at tlimited to reports of heavy rslns. Liverpool cables: “General buying; sell era are scarce: the feeling la bullish.” Mils morning's Picayune has the follow fug advisory warning: “Advisory, 12 noon: Disturbances over west guir will move rap Idly east or north of east, with Inrrenslitf and high northeast winds on the middle am! east gulf and south Atlantic roasts durini uext thirty-six hours. Dangerous to sinsl vessels ou gulf snd all south Atlantic coast.’’ A special from Houston, Tex.. In The Times Democrat says: "Gale on Texas coast la cause of anxiety. No great dam age save overflow yet reported. Heavy rain In Texaa damages cotton and rice." Our traveling representative wires- from Greenville, Miss.: "Arkansas along river same as Mississippi. This crop in bad shape: damage Is permanent. Weather un- settled; cool, and threatening rain." The eastern forecast indicates rain tq* laht nud Tuesday for western Florida, mid Mississippi. Partly cloudy to night aud tomorrow for Georgia and east Florida, nud fair tonight and Tuesday for Edited by Joseph B. Lively MARKETS Mr. Lively's tweuty-flve yeara* experience of ed iting markets In Atlanta and the South haatnade him a recognized au thority Id bis specialty. TIPS FLASHED From Wail Street RANGE OF NEW YORK STOCKS AND COTTON MARKETS night nud tomorrow ••lorldn. nud fair tonight anil North Carolina and South Carolina. The western forecast Indicates fair to night and Tuesday for western Texas, and partly cloudy In southeast. In the north' east portion, occasional shower* are expect ed tonight and tomorrow. Today’s map Is unfavorable; heavy ralna have occurred In ArkanMs, north I/>ulalona and eastern Texas, anil indications point to further moisture In the licit. The east ern licit, however, la clear and cool, tint a low barometer pressure overllea southern Florida and may cause rains to fall In that section. The market la strong and flrnily resists considerable pressure to force prices lower. 26ftfl27ft up and firm, kales. 7.000 spots, 26 up, at 6.5M. Futures were due to come about 10 up. ^ „ New Orleans. Get. 15.-Cablf* report excited and sensationally' high Liverpool market. What could hare Justified mi ad vance of 27 points has not been leariUHl yet. Weather reports xhow considerable THE WEATHER. LOCAL FORECAST. FOR ATLANTA and Vlclnlty-rartly clotiily Idnight nnd Tueaday. WEATHEr"C0NDITI0N8. The .term nr,» which waa over wc.tcrn Tcxn. Saturday momlnx luw liiercnwd In energy, canning high wind. At tort Hinlt.li. Ark., nfnl rain from Toxha nnd loiil.lnna northwnnl' to Xchrn.kn nml low*, Heavy rnlnx occurred nt point. In Texn.. Inutlnlnnn nnd Arkannaa. the jiMivIfit lining 2.52 nt Bhcrtnnn. Tcx««. Thin rnln nren In ex ited to extend nn far cnnttvnrd nt Ain ,nm liy Tnewlny. The Introincter cnntlnuen high over the enxteni half nf the country with the crent of the wove over New York mol New Kng- Innd. No very Jovr temperature* nr# riv ported In the nrcie under It. Influence. Light frost. occurred In North Carolina. Temper- ntnren were, lightly lower oyer the wexteru hnlf of the wotton holt. Condition. fnvor partly cloudy wenther thl. -Clou tonl^ .^d^t^j ^ Temiiornrlly lu Charge. COTTON REGION BULLETIN. . For the 24 honra ending nt* n. ni., 75th merldlnn time, October 15, 190*1 STATIONS OF ATLANTA DISTRICT. . THE COFFEE MARKET. ,V ir k. Oct. 15.—t'offoe opened ntcndx l» °t 5 to HI notntn III enumnne rw.M.. r rrru-'h cnliicn thnn cipectml nnd ™Jrring ,,f Luropeau nhnrtn. opening nlnmt T'' WJ« nhmit nn due im the New Vi il- “ f Roturdiy. Ilnrre won *4 to ,T. MS" »' 'l 11 ' hour of the local open- Ir nT f 1 Beyemlwr relatively Arm. evident- rliin l n i: ,u ! t °! covering.—Olliert * L'lny. Htl. v* I*JR* opening range nod cIom New York coBm tonftet for to- Opening te *ssr 4.704. *0 6.70475 I'’;., 4.40400 0.564*0 ftlry-f 4.06-7.00 4.06-7.00 IK™-' 4.35450 4.40446 v'J' ll . l "‘ r *.*0443 «• •Atlanta, cloudy .... •< hattnnmiga. pt. clotidy, I'Sliintbus, cloudy .... Gainesville, cloudy .... Greenville, clear Griffin, clear •Macon, clear Montleello. clear Xewuau. cloudy ..... Home, pt. cloudy Spartnnburg, dear .... TallnpnoM. cloudy .... tr«ieena. cloudy ...... West Folnt. cloudy ... •Minimum temperature* are for twdve-bour |K*rlod cudlng nt 8 a. ni. this date. T.IG1IT FROSTS. Goldslmro. N. if *!AF AM.I*. 1.71 NAME OF STOCK. Amalgamated Cupper Atlautic Coast Line Amei ican Sugar Kef. .. Anaconda. ....... • American Locomotive.. . . do, preferred Amer. Smelting lief. . . AtchluTf"^-.-.::: , do, preferred AniMlcnn Cotton Oil. . . , . . Amer. Car Foundry Baltimore t Ohio Brooklyn Rapid Tran.. . : : Canadian Padflc Chic. 4 Northwextvtn.. . . Ch»«Mai„ * Ohio Colorado Fnti tt iron.. . . Central Lexth.r _ .do, pref.cred Ch e. Jt tircut Warn. . . {-h e., mil * St. P. . . . . gSKvSB:::: spMaSLv:::: llllnoli Contra) . Amor, ico Sworltln... . . toujarlllo * NMhvlUo.. Mexican Central . Itlwourl Padflc. .... 1 Total atocit .talca today" NAUR OF STOCK. N. Y., Out. .v Western. National Lead. ..... Northern Pacific. . , . New York Central. . . Norfolk & Western. . • Pennsylvania. ..... J'eopls^s <»ns. rrcssed Steel Car. • • do. preferred. . . . Pacific Mall Heading . Republic Steel. .... Hock Island. ..... _ do. preferred. . . • l nlted States Rubber. do. preferred, , , , Southern Pacific. . , . Southern Hallway. , . preferred, . . . Texas A- Pacific. Uulon Pacific. . . . , United States Stetf. do. preferred. . , Ya.-Car, Chemical. , do. preferred, . . Western Union. . . , Walinsh . , do. preferred. . , Wisconsin Central. . do. preferred. . . NEW YORK. tnra2ln°N>w‘Yorh todlrt 008 ' ' D C0,,0n ,0 ' Dot.. Nov. , Dec. . Jan. . Fob. . Man. . May. . Juue. . July. . ci5n I! 3a ITTOc 1U3 11.18 11.09 11.10 11.15 11.15 11.80 11.81 11.30 11.80 11.471 11.47 , 11.57] 11.57 11.62 11.47 11.48 barely steady. V i La nTiis li. 11.18-15 n i -1 11.15-18 9S& 11.39-40 11.42-44 11.45-47 11.04-06 11.01-03 11.06-07 11.15-17 11.21-22 11.26-27 11.29-31 11.88-35 LIVERPOOL. The following figures glre the opening rang, and cloae. compared with yesterday’s Futures opened firm. Opening. Previous Range. Cloae. Close. ...6.17 -6.24 6.18 5.90 ..6.09 -6.19lfc 6.13 5.93 . .6.06 -6.15 6.06U 5.88 . .6.04 -6.14ft 6.08 5.87 ~~ -6.16 6.09 6.89 October... . Oct.-Nov. . Nov.-Dec. . , Dec.-Jnn. . Jau.-Feb. . Feb.-March... March-April. , .6.10 -6.18 .109 4p .fi.llft-6.2l Closed barely steady. 1.10ft 6.12ft 5.92ft 6.14 5.94 6.15 5.95ft 6.18ft- 5.37 NEW ORLEANS. . -— .— DC ll — tures In New flrleans today: NOTES ON GRAIN Pointara on Proviilooi. Private Wire to Glbert & Clay. tJct L 'Vhent la recovering from early weakness. Mlnuenpolls Is dolnr T. he * unr ket needs n lot o. bearish activity If prices are to be put down. These nre not lu evidence. Provisions showing marked strength *o«l*J*, The Cudahy Packing Com- PHiiy and local traders leading the buylug in January ribs nud lard. Ilartlett, Frasier & Carrington bought October rllta, and t “® r « hat been short covering of October and November lard. Looks like 8wJft selling Novcmlwr lord on bulge. Private Wire to Ware Sc Inland. 15—The Inter Oceau yea- terday said: Grain trade Is Interesteif lu the Investigation of the relation* of the ads to the elevator people ami to 'Ct of operation* of lioth In n yfara. The Interstate commerce comiuls- slop will start Its Investigation here Mou- dny. The last congress (Hissed a resolution requiring It. Extensive preparations have been made, and a vast amount of evidence has t»een secured by the attorneys for the eommlmlon. The anti-elevator faction of the grain trade baa !>een accumulating evl- merce cominlaslou In the’heavy transfers at Omaha. All of the Irregularities in han dling grain by the elevator people nnd the railroads arc expected to be brought George Smith, u wheat authority of York. This la construed by the grain trade here as the most favorable thing thnt could happen to help advance prices of American day were 20.000 wheat. 75.000 corn nnd 75,- 000 outs. Duluth re|»orted a gi*od exinirt demand, bur mentioned no figures afatti rales. The seehoonl wild wheat. 40,. 000 bushels of corn and 15ft,G3d bushel* «*f oats. Charter* hero wore 100,003 bnshela corn “ “ * "easel agents who handle ■ of boats say they are chartered ahead. Other ngeuts any that loans are hard to get.. A miller from Cobi Water, Ulclt., who was here yesterday, said thnt since the pub- lleatlou of the government crop report showing more oat* than was ext>ected and the Immense NU(iply of corn, the demand for food stuffs fms fallen off moat de cidedly. Prior to the Issunnce of the crop . 4 --- * wns Atlanta . ... Augusta . . . Charleston . . Galveston . . I.lttle Hock . Memphis . . . Mobile .... Montgomery . New Orleans . Hnvannnh . . . Vicksburg . . Wilmington Dlst. Averages. Flour stock In the United States and Canada on Octolwr L Including holdings by ntorior mill*, were 1,998,600 barrels, eoui- ariul with 1,838.006 8eptemlH*r 1 and 2.016,- JK) October 1. last year. Wheat stocksjrer* 88.493,000 barrel*, an increase of 24.000.000 Inst month nnd 22,000,0W over October 1 last year. . . . As to the seeding of winter wheat, many reports to The Dally Trade Bulletin My that the arrange will 1»e larger. Fifty re- WHEAT IT START I FRICTION LOWER Due to Larger Receipts and Disappointing Advices From Liverpool. Chicago, Oct. 15.—Wheat closed 6-5© *-4c. lower for the day. There waa lack of Khorta. while tlio offerings were larger The feeling waa bearing. An Increase In the world's visible Is looked tor Tueaday, nnd larger Northwestern re ceipt* are expected, which, with the lick of export demand, save on breaks, la likely to work against values. Com closed 1-801-4C. olt; oata were 1-4© 3-8c. lower nnd provisions were 2 l-2fc» 15c. higher for pork and lard, but 2 l-2c lower for riba. Primary receipts of wheat 1,711,000 bushels, and corn 400,000 bushel., com- E ared with 1,829,000 and 478,000 ushels respectively n year ago. Clearances for the day were 429,000 bushels wheat, 256,000 corn and 22,- 000 oats. The visible supply of wheat Increased 1,649,000 bushels; com decreased 860,- 000 bushels, and oats decreased 50,000 bushels for the week. Cosh sales at Chicago were 21.000 bushrls wheat, 90,000 bushels corn, and 110.000 bushels oats. The seaboard reported- thlrty-flve boat loads wheat, nine of corn and 170.000 bushels oata for axport. CHICAGO GRAIN MARKET. .In nnd prurlalon ijiiotntlonn WHEAT— Dec 74« Jan July T CORN— Dec Mny S3 SS B* at at 74*4 at at TRADING BASIS ALL OUT OF GEAR New Orleans. Oct. IS.—'The Timet Demo crat saya: ‘The end of the week found the nice adjustment of the cotton trade little more than a memory, and the talent and actual cotton merchant hedged about by many limitations and beset by many fears and donbti. The violence of recant duetuatlona baa up§et the customary chan- nela of trade, and rendered difficult evan the moat ordinary of transactions. Conse quently. complications have piled up rather than diminished. On the face of the prop osition. the trading basis la all out of gear. Apparently, the October option may with profit be sMd agalust spot cotton. Aa a matter of fact, desirable cotton Is ou the excellent enough demand to command high premiums, hence the holder of long contracts has only low grade tenders to fear. On the other hand, the man who would like to deliver tne goods on October hesitates to sell for fear that the grade difference* may l>e turned agalnat the only aort of cotton he cares to unload In that way, because of the relative aeardty of the better grades. Meanwhile, other far- tors are at work, and the uncertainty at tending 1»oth the snot and the future mar- keta has so affected trading that every day hedging operations, legitimate and or dinary Mfe enough for all practice! pur- a. now Involve too much possibility of for the welfare of the actual cotton i trade. Nor la a satisfactory remedy to lie easily found until the cotton market shall have adjusted Itself to the new order of things. A careful analysis of recent events brings to light a direct chain of potential Influences originating In the overthrow of the middleman's control when the Houth began to shake off the’yoke._ Tho middle man being n very necessary l>art of the cotton business, confusion has followed the shlftlug of price-making power. Hnturday's cotton market was aided by n forecast of ralna aud cold wenther over Texas nnd rnln* for Mississippi, and by the fact that city factor* bold very little spot cotton Private Wire to Glbert & Clay. New York, Octolier 13.—Marshall. Spader & t’ompnuy: There Is nothing In the fore cast of the week's hnppenlugs which should act ns n disconcerting Influence and 'many 'things po!nt to jmpport of the market hr large Interest, but this Is about all that cart lie said at the moment. The public mind la mnch absorbed in politics, though (he result l> In most cases hollered to l>e one sided. Traders selling the market. Look for re covery Iiefora the close. Steel Common la being quietly nccumolat ed by the best pimple. Daniel O'Dell Sc Company: Would not l>e nrnrlaed to see an Irregular market today 1th a further decline In general list. In which event purchases of gi»od rails for a turn slmntd prove profitable. situation will bold It higher. The tempo rary tendency of Union Pacific Is down ward. wltb scale support only, but we wouM buy It when hammered, ns It Is n cheap stock compared with others. United State* Steel I* supported around 48. Smel ters Is held with supporting orders toward 158. If this Is withdrawn, a sharp ilrou might he engineered by the bears. Atchi son la supported toward 103. Canadian Pacific meets foreign buying on the de cline, support seeming to be around 178. The tendency af Chesapeake and Ohio I* reactionary at present, on Account of th6 failure ta Increase the dividend. 8t. Pant la sold by professionals with bat llttlf sup- lH»rt almve 174. according to a specialist. Colorado Fuel and Iron Is also sold by pro» fetslonyil traders. We would bny Louisville and Nashville snd Baltimore snd Ohio on this decline for a good pull later. Specialist source* do not give any aupport from thf figure nt these level* for Pennsylvania now. Itcadlng meeta aupport toward 169 It Is sold on rallies tty the room. Houth- ern Pacific support Is said to extend from 93 to 94. Private Wire to Ware Sc Leland. New York. Oct. 15.—I»ow Jones A Co.'l Hnmmary: America•• stocks In London steady at about parity. West aud Traders Shifted Position From Bull to Bear Side. NO DEMAND LEFT Loudon Did Little Buyii About 15,000 Shares ou Balance. New York, Oct. 15.—The disquieting movement In progress nt the close of Ia«f week, continued In a desultory way this Action on i nesapena probably Wednesday. Actnal earnings nf at 17.81 per cent on t eta pea lesdsy. •“ ' Burlington estimated the stock. Interstate commerce committee will blind charges at Washington against Union Pa rifle Railroad and Union Tariflc Coal Coin' pnny.' Outlook la for perlona shortage ot spot Iron and furnaces are much behind dellv- erle*. Cooler weather stimulating demand for coat. Light demand for stocks In loan crowd. Hock Island reports more bualuess In alght than the road can carry. National City Bank shows the larger R rt of gain In cash and National Rank of tntnerre shows the principal Increase lu loana In the bank atatemeut. Thlrty-four roada for first week October Ware Sc Leland. spots while the Dooeinl»er optlou waa better by 7: points."—Ware A Leland. COTTON SEED OIL MARKET. IIA I B— 6=8 8 8 8-8 li:g| Ha PORK- Jan.... 12.80 13.96 May... 14.02ft 14.06 to 1k* smaller. T Indicates Inappreciable rnlufnjl. REMARKS. Temperature* were allghtlv higher over th*» ©astern and lower over the western half If.Klwil the t>.xt 24 hour.. Itrtlii foil In tho wontom illstrlct,. Iho omuuiit* h-fla* heavy lu Loul.lnn., Toxn. Temporarily lu Charge. GIBERT A CLAY • *• ausama »t. STOCK*. BONOA COTTON. CHAIN. COFFEE, PROVISION* ATLANTA, QA Exch.nf*|New Ort^C* ton"aT^»U«> I ifSl&J 882S !r^i:|aai L cTtSn A, E^*xnS L -«l (nd Lon a DliUnoinr.lephorra 5293.' ExebMa ^J], n. FAGAN. Mintnif. ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building. Bell Phone, Main 853. ATLANTA. GEORGIA- TEXAS WEATHER. but the houses arc built high, amt there was only a bit of alarm without any real dn nger, A .low rnln I* fnlllng ov.r .oiilli Toxn., whlrh I. thnrniighir wuiklnx Iho xrmnul nml In ilolnylnn iho plokln* of oottofl, llowovor. It I. fllllnf tho wntor hnlon nnrt I, nuttltuf n umot oxoollont nonwn Into tho xrniunl. Tim nnnth Torn, i-otton vru|> Im. torn mtlmml tn oil Intont. nml Him nml tlm Inilk nf It hnn Iwou mnrketv.1, thor. hnvlntt I mou un '•Tl-ml.l n»h ,'urln* tho pa.t fow il.ijf" .. ., _ .... Ilnn.tnn—Tlmro nn. qulto n Mow la.t nlsht nhm* tho oon.t, hot If nnr (j r -*| ■Inni.tfo bn. boon ilono. It hnn not liroa re pwtlon. of I'ort Arthur worn Iminflnloil by tho liluwlnx nf tho tvntrr *>f F-I'lim nmr water and the water nan blown up ftnbltu river. The river front of Beaumont Uuu the same experlenee. WEATHER FORECAST. Georgia—lucreswng cloudiness on Mon dny; probably gbower* Tuesday; light vn rlnble winds, mostly east. Virginia—Fair Monday, with slowly r sine temperature; Tueaday partly cloudy; light variable winds. ... „ * . North Cnrollnn aud Houth Cnrollnn—Yair Mumtny nml Tuowlnr: oximi.t rnln luMdAjr In wont portion; lljjlit northofl.t to en.t W «-«torn Florid.-n.In Monilny nnd prol lili Tttosdnjr; InwU porallily brink north "iSiftcru Florldn-Fnlr tlomlny. ■ra.-opt rnln In nnrthwo.t portion: Tnowlny rnln. frv.l> uorthon.t wind, hovomln* vnjt. Al.lmmii nud MlMlratppt—Rnln Momlny nud probably Tumidny; frvnh probkhly brink on.t wind.. . l-ml.lnnit-llnln Momlny npd Tuowlay. frv.li tn brink on.t wind.. Eastern Teias-Hhowers Vandarnaa In Nov... 8.90 Jan.... 8.20 8.27ft | RIDER— Get..4. D#e... 8.47ft. .... Jan.... 7.M 7.52ft «-ABIl WHEAT— 9.50 8.16 8.25 7.47ft 7.53 7.40 CHICAGO CAR LOT8. Wheat Corn .. oats .. Hogs .. THE LIVERPOOL GRAIN MARKET. Following nre tilt opening nnd dosing prlccu for cottou seed oil futures tu New York today: _ t Opening. Closing, October 39 -40 S9ft-40 November 34%i-33ft 35 -35ft December 38*4-83*4 38ft:: t pecemtier 88*4.338* 38ft-84 March 83 -88ft 83ft-38ft July 33*4-8384 38ft-34 Closed steady. 8’ales 100 December at SOUTHERN EXCHANGE Oldhst E«Ubll.h.d Office South. COTTON STOCKS—BONDS—GRAIN Ground Floor Gould Building. Daily market letter and market manual mailed on application. WARE A LELAND’8 - DAILY COTTON LETTER. New York. Oct. II.—With general rains In the Southern cottou Beit over flundar. the larger Interests working for a reaction of the market were compelled to cover aborts of this was lost on imifft-tsklng, ’Alt the close was some 20 points, or 40 American points, higher thnn Saturday. The amount of cotton purchased abroad must have lieen enough, or the amount for ssle ah normally limited. This Is the moat ex cited advance of the season, and showed the possibilities ot the cotton market at Iho . ..— '•—> or profit-taking. ireaaure on the innr* around 11.25. Opera tions were on an extensive acale. and with more bad weather promised for tonight and tomorrow in the eaatern belt, where frosts have recently stopped growth, fhertf was little disposition to sell short. There, of course, will lie setbacks, such as took place on Thursday nnd Friday, br* — any decline of substantial propnrtb looks as though the buyer of cotton have a chance to sell ont higher np, iiorta from many sections are far from op* tlmlatlc. GIBERT «. CLAY'S DAILY COTTON LETTER. New (jrlenns, Oct. 15.—Rain In Texaa af ter the recent cold wave tin* created sentli ment abroad In a very bullish mold, op- “ ms closing In Liverpool today 20 points er Hafiirtlsy'* prices, while spot sales bales at an advance In i quot n whli ’ontlnue* un- were 7.000 be tlons of 28 prt_... fluctnations largely depend favorable. Fairly general rams occurred in Texas Hatiirdnar and Sunday and heavy pre cipitations were also shown on totfav's man as having occurred In Arkansas ami north Ixmlslana. Forecasts for tomorrow Indicate further moisture In the western belt nnd similar Indications extend likewise to Ala bama and Mississippi. These adverse cir cumstance* affecting the uupleked portion of the erop. have given rise to eonslderable. apprehension us to approxIjualely \rUnt dnmnge will nerrue. However, severe cold weather with heavy or killing frost fol- lowed by rnln makes the position of bears all the more untenable nnd has Increased III proportion puhle sentiment favorable to higher prices. The Giles estimate today indicates n cru * of 11.400.090 bales and bag considerably Increased the tension of tear which already abound* and which has re-* suited In a nervous market and one not par ticularly desirable to.be deeply Interested — Kit- dacy will be successful at the next month s election. But It Is felt that the chan* • s are much more even titan the great ills- parity in recent betting odds Would Indi cate. and that tt Is alb-get her wrong to in- suuie that a l■oll*ervatITe vlctorr can 1* whichever wins there will be greater u. less lluclimtlons nnd nervousness In the market. Uricex • fell away very generally during the morning, bnt the losses were mostly fractional nnd at the lower level 4le- ellnes settled down on the trading, wbleh la the familiar sign when real selling Is ap proaching exhaustion. Price movements cn the xtock exchange during the first hour were on the 4lown grade. Praetlcally the entire market was •Imply another shifting In position by the west and traders whoso change from the hull fo the hear aide left the market with out any demand. Ix>ndon did very little buying, about 15.000 shares on balance. Government bond* unchanged. Other bonds firm. THE LONDON STOCK MARKET. Amalp^atedrTjopperT^. . Anaconda . Atchison X do. preferred Baltimore nnd Ohio. . . . ranadlan Pacific Chesapeake and Ohio. . Chic.. Mil. aud fit. Paul. Erie do. preferred Illinois Central Ixoulsvllle nnd Nashville. . . Missouri, Kansas and Texax.. do, preferred. . . New York Central. . Northern Pacific.. .... Norfolk and Western. , Pennsylvania.. Heading .« «. Hock Island Southern Pacific. . . . Southern Hallway Union Pacific United State* Steel do. preferred.. ., .. Denver nnd Rio Grande.. TURPENTINE GAINED SHARPLY FOR WEEK the statistical position Is apparently bet ter, the recent storm having had a marked effect on the supply of tree* available. The receipts for the week ending today were were refused In erery instance. The roaln market closed the week nt sul»- stnntlat advances In every grade, the ad- ranee l>elng the greatest In the pale grades. The tendency In the fats trading of today was to make sharp declines In many grades below N. The receipts for the wosk taro la being started THE SUGAR MARKET. New York# Oct, 15,—Local refined alfl raw sugar markets steady and unchanged London beet market steady; October 9« t>\d. Wheat—Open, ft hgher; 1:30 p. m., ft to ft higher; close, iinrimiiired to ft lower. Corn—open, unchanged; 1:39 t». u»., ft higher; cloae, unchanged to ft higher. ] LJ. ANDERSON & CO Bankers and Brokers, COTTON. STOCKS, GRAIN Correspondent's Capital $250,000 REFERENCE. THE NEAL BANK PHONE MIT. PRUDENTIAL BLDG WM. L. PEEL. President. ROBERT F. MADDOX.' Viet President THOMAS J. PEEPLES, Caabler. MADDOX-R UCKER 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. ble wind ortlon Tuesday, freeb and varlu- Monday and probably except fair In irmn c»i liuriM'H, »»■■#■"/ mill. K.nlucky—►'nlr M.m.l.r, except rain l« ttrrmt' w#,t |H>rtlon; Tnowlfly ra ! 11 ^ Wcl.rn Tt-xo.-Falr MomUy and Tu#.- '"V[itniil.. Indiana. Mlwwri. Town nnd Knuaaa—I'rolaildy .linwi-ra Inntelll and to- utarmar: nnt inarli rhnugr In temfuT. iare WlKa>ii«ln-lucr#B»lux i-lmidlo#.. and "uianMndia. North IHiknt.. Xnuth ItolioU and MuMtana-Wnrinar; .li.rtrir, invbnbljf. LOWRY NATIONAL BANK CAPITAL, SURPLUS AND PROFITS OVER ONE MILLION DOLLARS Foreign Exchange, Travelers' Checks, Brown Brothers’ Letters of Credit available in all parts of the world. H. M. Atkinson, V. P. TnoraaaC. Erwin, ami. ca* Joseph A. McCord, Cl alder. R. W. Byers. Aset Caxhier. Third National Bank Capital .... $200,000.00. Surpl* 13 a a a • $300,000.00. 01 RECTORS! J. II. Nanaallj. Or. J. W. Calhoun. Milton Dnrxan. St*>. WM. Y. MrCorl. arid Woodward. Safe Deposit Boxes For rent in our caulls in (be basement of the Empire [Building for only $5.00 each per annum Absolute Security and all Modern Conveniences You should not be without one. We invite you to call and inspect them Tj.tle Guarantee and Trust Co. 31 % Compound Interest (• the rate your monsy will drew If deposited In the SAVINGS DEPARTMENT of CENTRAL BANK AND TRUST CORPORATION CAPITAL $500,000.00. CANDLER BLDG. STRONG, SAFE, CONSERVATIVE You art Invlt.d to call and !n*p.et our quarter, and Invaatlgat. our facilities to larva you. A hearty wtlcomo await, you at this bank. A8A G. CANDLER, Preaidant. W. II. FATTER SON, Vlct-Prti. A. P. COLES. Ca.hl.r, JOHN S. OWENS, Vlee*Pr,4. WM. D. OWENS. Aaat. Cachlar.