Newspaper Page Text
am
|p uc to Heavy Rain in PaiTs
of Texas Over
Sunday.
IvEW YORK TAILED ON
I Scored New High Levels for
Present Upturn—In
duced Profit Taking.
0 legitimate TRADE j
1 0 NEED NOT BE ALARMED. 0
0
Yew York. Oct. 15,—Pearsall’s O
n Market Bulletin says: 0
It) “Harris Jordan, while In Wash- 0
I 0 Ington yesterday, said that Wall 0
10 street speculators are in a con- 0
I*mlrecy to Injure the cotton plant- O
I 6 ers by exaggerating the extent of 0
15 the damage done by tile recent 0
11) storm, and Texas cotton Is being 0
I ft unfairly favored at the expense 0
ft of tl>< Atlantic states, and believes “
15 that the present advance In prices
| ft *111 be followed by a severe slump
I ft unless speculation Is checked at 0
I ft once. ’While the crop will not be 0
I ft as large aa anticipated on August 0
I ft [ • said he, ‘It will be the second 0
I ft largest In the history of the 0
| ft South. There Is no need of those
I ft legitimately engaged in the cot-
I ft ton business either as buyers or
I ft manufacturers to become hysterl- 0
I ft cal.’"—Gilbert & Clay. 0
| ftftftOO6O0O0OOOD00OO000O0O0O
Kew York, Oct, IS.—Following
I sharp advance In Liverpool, the local
I tetton market opened 22 to 29 points
I higher, with traders excited. The UP'
Ihm in the English market and the
I strength here was due to heavy rains In
Jltrts of Texas over Sunday. Prices
I here scored new high levels for the
I present bull movement, attracting soma
liberal profit-taking In quarters, but not
|onch short selling.
The Liverpool market was very wild
I ud excited at the opening this morn
ling, report* of rains In Texas over Sun
| day causing extreme nervouenesa among
| the shorts, and at the eeme time In'
I lured liberal support by the bulls.
I That market was expected to show
I an advance of about IQ points, whereas
I Initial prices were. 21 1-2 to 27 1-2
I points above the closing figures of lest
■ Saturday. The close was 20 points ftp.
I Spot sales were 7,000 bales at 2S
| points advance, making middling 6.69.
| The market was called firm.
.Yew York opened 22 to 29 points
I higher In response to Liverpool's show-
ling and sold up to the beat prices 'of
I the present bull movement. At the
■ high point there was liberal realising.
Ion which the market slowly sagged,
I the dote being S to 12 points higher.
I Bln Giles makes condition 68.4.
■ which represents a crop of 11,400,000.
I In New Orleans spots are quiet, but
I firm. It Is said that there Is hardly
I any cotton for sale, and that every bale
I fn purchased as quick as. It arrives.
THE ATLANTA GEORGIAN.
MONDAY. OCTOBER 15. 19C6L
Edited by
Joseph B. Lively
MARKETS
Mr. LIrely'a twenty-five
year*’ experience of ed
iting market! In Atlanta
and tbe South baa made
him n recognized au
thority In hit specialty.
TIPS FLASHED
From Wall Street
VdvstetVIre to Glliert Sc Clsy.
„ ' .w 'York, Oct. 15.—Liverpool nt 12:20 u.
higher. \Vn« due about 9 up. We
should o|>eu shout 15 higher. 1
Liverpool cabins; "ilorket Affected fa
vorably |»y Iniylu^ hy Kgyptlnns largely
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
the Mount mid re,Tilling of lo&MoSsS,
A'ir* re,M,rt wm rarr f «®p
Prediction* are for unsettled weatm-r
throughout the belt during next twenty-four
SPOT COTTON MARKET*
I Mrarpoof, spot cotton firm: middling up-
I land* «.59d; Mies 7,000: American 6,400* apec-
|il*rj«n and export 5ft); receipts 18,000, all
I American.
Atlanta,
New York, qulat
|eoatr«ct 300.
New Orleana. ateady at U%c.
Oavannnh. ateady at 11c.
*f. Lonb. ateadT at U?4c.
Augusta. Arm at U%c.
TODAY’S PORT RECEIPTS.
■ New Orleans
I Cskeatnu
iJtoMla ”
Iwrannah
ItTuirlefton
■ "llmlngton ,, ,,
14491
2(401
1949
11919
1296
(706
4S12
UW
lrxci
2501
INTERIOR movement.
I bft' oI ! ow,n » ahowa receipts at tha
l52?iyl« W . n e # y^ 7 ’ "W* "1*
„ IH gather
ftonrer
The frost area was confined to the «-
treme northern part of the bolt. Tho lari
producing distrlctn were not affected
There la yet a gc*>d chance for
large crop.
Revisions of cotton gooda prices were be-
Ing made ateadily lu the dry gooda market
on Knturdiiy and further announcement* '
•liango* are to Ik* made today If there ..
jh» radical change In the outlook for trade.
Merchant a have reached the point where
there are limited atocka; the pressure of
the mills to secure them against the
'•hatiged cotton outlook must be heeded,
The feeling that prices may be nut be
yond the <‘mistiming level is being kept
well In tnlnd, nml general disposition lu
the trade la to proceed conserve tJvelv. even
In the face of an extremely high demand.
New Orleans. Oct. 15.-Uverpool 28 high-
*. Mas due 15 points higher. We Should
open 26 point* higher. The advauce 1a at
til bn fed to reports of heavy rains.
Liverpool cables: “General buying: sell
era are scarce: the feeling la bullish.”
This morning's Picayune has the follow
ing advisory warning: “Advisory, 12 uoon:
Disturbances over west golf will move rap
idly east or north of east, with Increasing
and high northeast winds on the middle and
east gulf and south Atlantic coasts durini
next thirty-six hours. Dangerous to emal
vessels ou gulf and oil south Atlantic
Times Democrat says: “Gale on Texas
coaat la cause of anxiety. No neat dam
age save overflow yet reported. Heavy
rain In Texas damages cotton and rice.”
Our traveling representative wires froi_
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 to
night and Tuesday for western Florida,
Alabama and Mississippi. Partly cloudy to
night and tomorrow for Georgia nnd east
Florida, and fair tonight and Tuesday for
North Carolina nnd 8outh Carolina.
Th« western forecast Indicate* fair to
night and Tuesday for western Texas, and
partly cloudy In southeast In the north
east portion, occasional showers ore expect
rains
Louisiana
nnd eastern Texas, and Indications point
to further molstnre In the belt. The east
ern belt, howerer, la clear and cool, but a
ed tonight and tomorrow.
Today’s map Is unfavorable; heavy
have occurred In Arkansas, north Louli
nnd eastern Texas, and Indications i
low barometer pressure overlies southern
Florida and may cause rains to fall In that
section. The market Is strong and flrnily
resists considerable pressure to force prices
lower.
Private Wire to Ware St Leland.
New York, Oct. l5.“Llverpool opened ex
cited and Irregular 15CJ0 point* up. At 12:15
p. m., 26VMKm up and firm. Sales. 7.000
spots, 20 up, at 168d. Futures were due to
come about 10 «p. '
New Orleans, Oct, 15.—Cables report
excited and sensationally high Liverpool
market. What could have Justified on ad
vance of 27 points has not been Earned
ret. Weather reports show considerable
rain over Sunday, especially In the western
belt. .
THE WEATHER.
LOCAL FORECA8T.
FOR ATLANTA and Vlclnity-Psrtly
cloudy tonight and Tueeday.
WEATHER CONDITIONS.
The storm area which was over western
Te«. Saturday mornlnx haa 'iJ^*K!„L n
anrrxy. causing hl,h wind* at Jolt Rmltk.
Ark* and rslu from Tern* and Louisiana
northward to Yebrftska and Iowa. Hoary
rain, occurred nt polnta In T * x **- Lontalnna
and Arkanaa,. the hrarlrat brine 2.62 at
Shrrman. Trxaa. Thin rain area la ex
pected to rxtrnd aa far eaatward at Ala-
The 'l'tarorartrf^’contlnna, tilgh over the
rantrrn half of tbr Country with the rreit
of the ware over New York and New hng-
land. Yo very low temperature, are To-
K rted In the area under Itn influence. Light
tat, occurred In North Carolina. Temper-
atnrra were* lightly lower over the western
half of tho cotton bolt.
Conditions fnror partly cloudy weather
thl. aectlon tonlftW
Temporarily In Charge.
COTTON REGION BULLETIN.
For the 24 honrn ending nt * a. m., 76th
meridian time. October 16. 1904:
STATIONS OF
ATLANTA
DISTRICT.
Temp’ture.
X.. T H , e COFFEE MARKET.
I „ .*.V’ rk ' B*t. IS.—€ -offer opened ,
I t« KtKl'V^ ® ,0 w '"’■"I* ,n -e*
■ r" jj-ce nr o to iu points in response
I tw.Hn French cables than expected and
I European abort*, opening ulMiut
I iflrir Vi’* 1 *' Wn * about aa due on the New
I b Kil"" of Saturday. Ilnrre waa U to
I St w/ih i. B * ,lu> *"’" r °f 'be locnl upea-i
Ir " I "-“ember relatlrelv firm, evident-
y’?, “ f-TOjt of covering.—Olliert Sc flay.
I «, .."fog '» the opening range and dotal
Opening
Uunarr 'fK*-
fcsr "is*
fe.
kbguat \
te-- -.-
I * wmhFr,,,
Hofo.! steady.
.'^Sa70
.IitSaw
. .6.90-6.90
. .(.904.95
..(.95-7.0*)
..(.36-6.50
..(.404.60
..150
Close.
6.80-6.55
6.65- 6.60
*60-6.63
6.66- 170
6,70-6.75
1754.80
6.8S4.90
6.904.95
6.157.00
1404.45
140-1-Ti
6.464.60
•Atlanta, cloudy . -
•Chattanooga, pt., cloudy.
Columbus, cloudy ....
Gainesville, cloudy ....
Greenville, clear
Griffin, clear
•Macon, clear ......
Montleello. dear
Xewuan. cloudy
me, pt. elouuy
Spartanburg, clear ....
Tallapooaa. cloudy ....
Toceoa. cloudy ......
West Tolnt. clondy ...
■Minimum temperature, .re for t;
period eudlog at 8 a. m. thl, i!
LIGHT FROSTS.
Gold.boro.^V^. nA , Nfc . AI Ig
Manidled, r " ••
Sherman. Texas
leingdew, Trxaa
Malvern. Ark. ..
I-reicott, Ark
ill
ar
NAME OF STOCK.
Amalgamated Cupper..
Atlantic Coaat l.fue. ..
American sugar Itef. ..
. do, blef.rred. . . .
Anier. Smelting lief. .
AtchiioS”!"”?-.:::
do. preferred. . . .
Americau Cotton oil. .
.mer. Car FonuUry...
altlmoro Sc Ohio.
Colorado Fuel ft Iron..
Central Leather. . ..!
-...tlOf .preferred. . . .
Chic. 1 Great West's.
Ch e.. JsH t Bt, F. .
K? l f,?r ire & Hudson...
Distlller*a Securities...
do, preferfeil.*
{.woralJnectrlc. . . ;
Illinois Central. ....
Amer. Ico Securities. ..
Louisville 1 Nashville..
Mexican Central
MDtourl Pacific. . ....... ^
- J0UI1 ,loflt •‘•let t^raim .herein
NAME OF STOCK.
N. Y.. out. ft Weateru.
National Lead.
Northern Pacific. . , .
New Y’ork Central. . .
Norfolk A Western. . .
Pennsylvania
People's Gas .
Pressed Steel Car. . .
rASEST?'
1'endlng
Republic Steel
Rock island
do. preferred. • . •
United States Rubber.
do. preferred. . . .
Foathern Pacific. • • .
Southern Railway. , .
ao. i>referreU. . , .
Sloss-Sbeffleld
Tenn. Goal * Iron. , .
Texas & Pacific. . . . .
Union Pacific
United State* steel. .
do. preferred. . , .
Va.-Car. Chemical. . . ,
do. preferred. • . . ,
Western Union
Wabash
. do. preferred. . . . ,
ttlsconstn Central. . . ,
do. preferred. . . . ,
2*
k
Private Wire to Glbert & Clay.
New York* Oetotter 15,—Marshall. Siwder
A Company: There la nothing In the fore
cast of the week's happenings which should
nee na a disconcerting influence nnd many
gs point to support of tbe market by
large Interest, but ibis Is about all that run
l>e said nt the momeiu. The public mind Is
much absorbed In politics, though the result
covery liefore the close.
Steel Common Is being quietly accumulat
ed bjr the best people.
Daniel O'Dell & Company: Would not be
urprlsed to see an Irregular market today
with a further decline in general list. In
which event purchases of good rails for a
turn shonld prove profitable.
New York Financial Bureau: While
Amalgamated Copper mny be manipulated a
little further dowti. no extreme pressure
near the close was apparent, the metal
situation will bold It higher. The tempo
rary tendency «>f Union Pacific Is down
ward. with scale support only, but
porren nrounn «. nwei-
tipportlns orders toward
[indrawn, a sharp drop
Ml l»y the l>ears. Atehl-
NEW YORK
LIVERPOOL.
The following Dgure. giro th« opening
clow" nl>d cluK ' “>“P» r «J with yesterday'.
Future, opened Arm.
Opening. Pre.lou,
lung,. Close. Close.
...*17 ■«.“) All R.J9
..1.09 .«.19H IUI 6.92
. .6.M -6.15 6.0814 6.98
.6.04 -6.141, 6.06 6.17
.6.06 -6.16 6.0* 6,9ft
, .6.1*7 6.16 6.10}, g.»!
. .6.00 A.lft 6.121, 6.92
.Fiu-eiox s.mt-1-u --
Eny-June 6.12 -0.22
one July..' 0.12 -4.22
Cloud barely Heady.
October.,. .
Get.-Nov. .
Nov.-nee. .
Deo.-Jnn. •.
Jnn.-Feb. .
Keh.-lfgreh..
Moreh-Aprll.
lit ....
6.16^ 5.97
.92 Vi
6.94
5.95Vi
NEW ORLEANS.
tures In New t
> today:
would buy It when hammered, as it Is a
cheap stock compared with others. United
States Steel Is supported around 4S. Hmel
tet-s Is held with aui * J —
158. If this Is will
might lie engineered
son It supported ti.
Pacific meets foreign buying on the de
cline, support seenilug to be around 178.
The temleucy of Chesapeake and Ohio Is
reactionary at present, ou account «>f tbs
failure to Increase the dividend. St. Paul
Is sold by professionals with but little sup
port nlmve 174. according to a specialist,
Colorado Fuel nnd Iron Is also sola by pro
fessional traders. \\t would buy Louisville
nnd Nashville and Baltimore nud Ohio on
this decline for a good pull later. Hpeclallst
sources do not give any support from the
figure nt these levels for Pennsylvania
Private Wire to Ware & Leland.
New York. Oct. 15.—Dow .lone* Sc Co.'s
Himimary; America*' stocks lu Ixomlou
steady nt almut partly.
West and Traders Shifted
Position From Bull to
Bear Side.
NO DEMAND LEFT
Oct.
Nov.
Dec.
Jan.
Feb.
Mch.
}!»y
•tune
July
11.3SI11.41 tl.39|11.31
r. 11.28 11.31
r 11.37 11.27
5 11.47 11.52
111.67 11.74
Mosed steady.
n.19-:
11.21-22 11.23
11.3041
11.3547
11.51-62
11.64-66
11.99-70
11.29-30
11.34-38
U. 49-60
11.5940
11.64-66
11.74-76 11.07-71
NOTES ON GRAIN
Polntera on Provisions.
Private Wire to Glbert Sc Clay.
Chicago. Oct. 15.—Wheat Is recovering
from early weakness. Minneapolis Is doing
K he -i*S ln *' a# TJ 1 * needs a lot of
bearish activity if pricea are to b* put
down. These are not In evidence.
Carrington bought October ril»s, snu
there has been short covering of October
and November lard. Looks Uke Swift
selling November lard on bulge.
investigation of the relations *f the
railroads to the elevator people and to the
conduct of operations or Imth In recent
S years. .The Interstate commerce comiuls-
on will start its Investigation here Mon-
ty. The-last congress passed a resolution
requiring It. Extensive preparations hare
been made, nnd a vast amount of evldencr
haa been, secured by the attorneys for the
commission. The anti-elevator faction of
the grain trade has been accumulating evi
dence against the elevator Interpat for ten
years, nud has l>een greatly assisted by tho
recent Investigation by the Interstate com
merce commission In the heavy transfers
nt Omaha. All of the Irregularities In hnn-
— -rain by the elevator people and
roads are expected to be brought
out.
The prohibition of exports
were 20.000 wheat, 76,000 corn and 75,-
oats.. Duluth reported a good export
demand, but mentioned no figures about
sales. The see»»oanl sold 12*>.W wheat. 40.-
000 bushels of cum and 159,090 bushels cf
oats.
Charters hero were 100,003 bushel* corn
at 2c to Buffalo. Vessel agents who handle
the largest number of boats say they are
chartered ahead. Other agents any that
loans are herd to get. _
A miller from Cold Water. MIcb., who
was here yesterday, aald that since the pub
lication of tbe gorerunnnt crop report
. xnccfed and
__ tot demand
for food stuffs has fallen off most de
cidedly. Prior to the Issuance of the crop
report, the demand for food stuffs was
k^FionV stock In the United States and
Canada on Ovtolmr 1, Including holdings by
Interior mills, were 1.096.000 Mrrel^ «mi-
red with 1,83*000 September 1 and 2.016,-
.,J ortnlier 1. last year. Wheat stocks were
88.49*000 laurel a, an Increase of 24,000.000
last month and 22.000,0ft) over October 1
°A* J b^f*Iie seeding of winter wheat, many
reiM>rt* to The Dally Trade Bulletin say
that the acreage will ho larger. Fifty re-
irts say it la about the same, forty .that
will be larger and teu declare that It Is
be smaller.
WHEAT HI START
- II FRACTION LOWER
Due to Larger Receipts and
Disappointing Advices
From Liverpool.
Chicago,, Oct. IB.—Wheat closed 6-8©
6-4c. lower for the day. There we, lack
of short,, while the offerings were larger
The feeling waa bearing. An IncreMe
In the world's visible Is looked for
Tuesday, and larger Northwestern re
ceipts are expected, which, with the
lick uf export demand, save on breaks.
Is likely to work against values. Corn
closed 1-I01-4C. otf; oats were 1-40
*-8c. tower and provisions were 2 1-lC*
lac. higher for pork and lard, but 2 l-2c
lower for ribs.
Primary receipts of wheat 1,711,000
bushels, and corn 690,000 bushels, com
pared • with ■ 1,829,100 and 478,000
bushels respectively a year ago.
Clearances for the day were 429,000
bushels wheat, 236,000 corn and 22,-
000 oats. ..
The visible supply of wheat Increased
1.649.000 bushels; corn decreased <60.-
000 bushels, and oats decreased 60,000
bushels for the week.
Cash sales at Chicago were 21.000
bushels wheat, 90,000 bushels corn, and
110.000 bushels oats.
Ths seaboard reported thlrty-flve
boat loads wheat, nine of corn and
170.000 bushels oats for export.
CHICAGO GRAIN MARKET.
TRADING BASIS
ALL OUT OF GEAR
New Oridm. Oct. 15.-The Tiroes Demo
crat says: “The end of the week found
the nice adjustment of the rotten trade
little more than a memory, anil the talent
and actual cotton merchant hedged about
liy many limitations and licet by many
fears and doubt*. The violence of recent
fluctuations has unset the customary chan
nels of trade, and rendered difficult even
the most ordinary of transactions. Conse-
quentlr, complications hare pllnl up rather
than diminished. On the face of toe prop
osition. the trading basis Is nil out of gear.
Apparently, tho October option tuay with
profit lie sold nxalnat spot cotton. A* a
matter of fact, desirable cotton Is ou the
excellent enough demand to command
high premiums, hence tbe holder or long
contracts has only low grade tenders to
faar. On the other hand, the msn who
wonld like to deliver the goods on Octolier
hesitates to sell for fear that the grade
differences may lie turned against the only
sort of cotton he cares to unload In that
way, because of the relative scarcity of
the better grades. Mennwhlle, other fac
tors are at work, and tbe nncertslnty at
tending both the spot ami the future mar
kets haa so affected trading tbnt every
■lay hedging operations, legitimate and or
dinary safe enough for all practical pur
Chicago grain tnd' provision quotations
for today follow:
Open. High.
£ i I
23
WHEAT-
300
an
<l V'OiiN-
8S:.v:. 9t
July
OATH—
D*»o rrfli aw
May 35U 35Vk
’te-***
Jan.... 13.80 13.95
May... 14.02!** 14.05
.LAUD—
Oct.... 9.37H i.STtf
Nov... 8.90 8.95
Jan.... 8.20 5.27V*
f SIDES—
78Vk
S3
B
Jot 'the welfare of the actual cottou
trade. Nor Is a satisfactory remedy to l»o
easily found until the cotton market shall
have adjusted Itself to the new order of
things. A enreful analysis of recent events
brings to light n direct chain of potential
Influences originating In the overthrow
of the middleman's control when the Houth
began to shake off the yoke. The middle
man being a very necessary part of the
cotton business, confusion has followed tho
_ dividend
probably Wednesday. ,
Actual earnings of Burlington estimated
at 17.81 per cent on the stock.
Interstate commerce committee will bring
charges at Washington against Union Pa
cific Railroad and Union raclflc Coal Com
pany.
Outlook Is for serious shortage of snot
Iron and'furnaces are much -behind dcllv-
rles.
Cooler weather stimulating demand for
coal.
Light demand for stocks in Joan crowd.
Rock Island reports more business iu sight
than the rood can carry.
National City Bank shows the larger
part of gain in cash nnd National Bank of
Commerce shows the pribclpal.lucrcnse iu
loans in the bank statement
Twelve ind ....
Twenty actlre rails decllued .82 per cent,—
Ware & Leland.
WARE & LELAND’S
DAILY COTTON LETTER,
New York. Oct. 15.—With geueral ralus In
the Southern cotton ficTt over Sunday, tho
larger Interests working for a reaction of
tbe market were compelled to cover shorts
In Liverpool this moral
was a sharp advance •...
at one time. Later In the day. gfjio polnta
of this was lost on profit-taking. Lnt the
dose was some SO point*, or 40 American
polnta. higher than Saturday. The amount
of cotton purchased abroad must have
l»een enough, or the amonut for sale ab
normally limited. This Is the most ex
cited advance^ of the season, and showed
the possibilities of the cotton market at the
present time. Outside of profit-taking,
there was very little pressure on the mar
ket, and January.rnled around 11.25. Opera
tions were on sn extensive scale, and with
more bad weather promised for tonight
and tomorrow In the eastern l»elt. where
frosts bnvo recently stopped growth, there
was little disposition to sell short. There.
nt course, will l>e setbacks, such as look
place on Thursday and Friday, but on
any decline of substantial proportion. It
looks ns though the buyer of cotton wonld
have a chance to sell oat higher ap. “
mrts froi
Indsttc.
Loudon Did Little Buying.
About 15,000 Shares
ou Balance.
New York, Oct. 15.—'The disquieting
movement lu progress at the close of Irm
week continued In a desultory wny this
morning, and for the same ressoa*. It Is
still not believed even by the most cantl'»:s
Wall street operator that Hearst's candi
dacy will he successful at the next month's
parity In recent lotting odda would Indi
cate, and that It Is altogether wrong to as
sume that a conservative victory can l»*.
glu to he discounted Jo tbe financial more-
ment. The statement put out from Repub
lican headquarter* at tbe close of !/*•?
week haTS strengthened this feeling. In
speculative circle* the argument is that
whichever wins there trill be greater »r
less fluctuation* nnd nervousness in the
market. Prices fell awity very generally
during the morning, but the losses were
mostly fractional and at the lower lord de
cline* nettled down on tbe trading, which Is
the fn miliar sign when real selling Is ap
proaching exhaustion.
Price movements cn tho stock excliaiigs
during the first hour were on the down
THE LONDON STOCK MARKET.
city factors hold very little spot cotton
with which to moke the pressing demand
for supplies. On the week, the New Or
leans prices gained 716c on middling snots,
while the Itccember option was better by 72
points.”—YV8re & Leland.
COTTON SEED OIL MARKET.
Following are t dng nnd closing
stt-m
9.60
8.85
8.25
..2.62
..1.64
..l.tW
..1.54
CENTRAL
STATION.
II|
IP
Cm
Atlanta
Augusta .... *
Charleston .
Galveston . . .
Little Rock . . .
Memphis : - • • «
Mobile
Montgomery . .
New Orleaus . .
Kavnnnnh ....
Vicksburg ....
Wilmington - i Urr
T~Indicates Inappreciable rainfall.
REMARKS.
the°e*sfern U nnd lower ovomEp western half
if t” *£? pi*» •»>“"• ,i "'“ f r", ln
thu wMtrrn •llstric-t«. the nmounts Ix'lti*
hooi-Y- in l^iulslana, Texas and Arkansas.
b«ny »n w*'™"* w % MITUIIEI.U
Temporarily In Charge.
Dlst. Averages.
1
.ml
Mux.
68
.00
tilfh.r over
TEXAS WEATHER.
Itut tho homo's nro Imilt blxb. nml tli.r*
«u» on If n bit of olnrui without iiujt root
<ll A*»low rain I* railing ov.r **>iitb T«x**.
wltlrh 1* thoroughly Making tho groinol
nml I* Ili'lnylug tho pli-ktna of cotton.
However, It It tilling the water hole* nnd
la imtIlUK II mint excellent aenson Into the
unwind. The eolith Texni eotton cru|i has
0*1-11 gnlhrn.il to ell Intent* nml pimmne*.
and tho hulk of It ha* been marketed, therr
hnrlnir lieen mi os[H*cl*l rush during the
'"I'nuoton-'t/iere w«* quite a blow Inal
night nhme the rno.t, but if any
■ ■— It ImM not liera
* * 6UUMA a
GIBERT & CLAY
STOCK.. BOND.
T. COTTON. CHAIN.
corree. provision*
members
ATLANTA. OA
f" York Stack Kxchtnga.lN.ir Orlran, Cotton Exeh»n*e.|ChlcsgoBo.rdofTnia«.
t»Ml and Long Dl,t»nc. TaV.ehon"Sml' Eld, * n ^f I n. FAGAN. Manan.is
ALONZO RICHARDSON & CO-,
PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building. Bell Phone, Main 85S.
ATLANTA. GEORGIA-
damage has bcco
r, 'lvrti’iin, of I’ort Arthur wrrr Ir.nndnn
hr the hlowlng of the water of H.ihlne rivi
netting Into the lower |vortlou, aud aoluc
lumber rafts were broken up.
At Grange, tile street* w;ere fllleil with
nter nnd the water ni blown up Knbtne
ver. The river front of llennmout had
the Mine experience.
WEATHER FORECAST.
Georgia—Increasing’ chiudliieM or
day: prohaldy .bower* Tuesdny; IlgUt in-
rtahle wind., mostly east. , .
vlrglnls—Fair Momhty. with slowly r sing
teroperature: Tuesdty perily cloudy; lighr
Nortif rarollua nnd Honth Csrollua—Fair
Monday nml Tnesilny: exi-ept rain luesday-
in west portion; light northeast to east
W Western Flnrlds -Itslu Monday nnd prnl«
lily- Tuemlay; froab poMlhly brisk north
•SSkSffW
aud prebably Tuesday; fresh probably
Pruu «Hi*t winds. . M .
I^uislnns—Rain Monday nnd Tuesday,
fresh to brisk cast winds. . .
Eastern Texas—Ahowcrs Monday J*
eastern portion Tuesday, fresh and varU-
*Arknnoa•—ItaIn Yiondsy and prdoilfly
Tuesday.
. except fair In
„ _.y rain.
Kentucky—Fair Monday except rein lii
Tennessee—Ruin Monday,
northwest |*ortlou: Tm**«l»,
extreme west portion; Tuesday rains
Western Texas— Fair Monday and Tiles*
,fl Rilnols. ludlnna. Missouri, lows * nnd
Kansas—Probably showers tonight and to
morrow: not ranch change In tempers lure.
1 Wisconsin—lucraqsluf cbradlnss^ and
H Yi r /nne»»|H.lls. North Dakota. Bonth Dakota
uml Montana—Wanner; sl»**wers probably.
• •A»n WHBAT—
7.52V4 , 7.47*4» 7 63
CHICAGO CAR LOTS.
Wlieut 62 130
Corn 422 408
Oats 347
Ilogs \ 25,000 13,0ft)
THE LI VER POOL ~GRA IN M A R K ET,
October . • ,
November ., .
December .. ..
December .. ..
March
July
Closed steady.
834.
SOUTHERN EXCHANGE
OldMt Established Office South.
cornu STOCKS—Bonos GRAIN
Ground Floor Gould Building. Daily
market letter and market manual
mailed on application.
GIBERT & CLAY’S
DAILY COTTON LETTER.
New Orleaus. Oct. ]5.-r-Rain lu Texas af
ter the t-cfftit cold wave has created sentl-
ment nhrhnd lu n very bullish mold, op
tions closing in Liverpool today 20 points
over Hnturdny's prices, while spot sale*
were 7.000 hales nt an advance In qnntn-
tlons of 26 points. The weather iiiniu whirl
DuctuntIons largely depend continues un
favorable. Fairly general rains occurred In
Texas Saturday and Sunday and heavy pre
cipitations were also shown oiiModa.v'* mail
as having occurred In Arkansas sud north
Louisiana. Forecasts for tomorrow Indicate
further moisture lu the western lielt nnd
similar ludlcntlons extend likewise to Ala
bama and Mississippi. These adrsrss cir
cumstances affecting the unpicked portion
of the cron, hare glveu rise to reualderahle
apprehension as to approximately what
dnmage will accrue. However, severe c«»hl
weather with heavy ,nr killing frost, fol
lowed l>y rein makes tbe position of hears
all the more unteuAhlc nnd haa incrcuoed In
proportion pubic sentiment favorable to
higher pricea. The Giles eatluintc today
Indicates a cro' of 11,400,000 bales and has
consider* lily ^Increased the tension of fear
which already abounds am! which has re
sulted In a nervous market nnd one not par
ticularly desirable to be deeply Interested
to.
STOCKS—
Amalgamated popper. . .
Anaconda
Atchison : .. ..- *. ..
do, preferred
Baltimore aud Ohio. . . .
Canadian Pacific
Chesapeake and Ohio. . . ,
Cldc., MU. *ud iKt. Paul..
Erie
do. preferred
Illinois Central
Isontsvllle and Nashville. . .
Missouri. Kansas and Texas..
do, preferred. . .
New York Central. .
Northern Pacific
Norfolk and Western.
Peunsy Iranis
Heading
Rock Island
Southern Pacific. \ .
Southern Rnllwsy. .. •
Pnlon Pacific
United States Steel..
do, preferred
Wabash.,
do.
Denver
preferred.,
nud Rio (
TURPENTINE GAINED
SHARPLY FOR WEEK
umicr wool inr,T .wrrr « yrnr iuuuku
the statistical position Is apparently f»et.
ter. the recent storm having had a marked
effect on ths supply of trees available. The
receipts for the week ending today were
considerably less than for the same week
cf last yesr. In the late trading thl*
afternoon only a small part of the offerings
were taken at quotations, though lower-bids
•••re refused In every Instauee.
Tbe rosin market r!os#4 tbs week at »»l»-
ata nt in I advances In every grade, the ad
vance lielng tbe greatest In the pale grades.
The tendency In the late trading of today
wn* to make sharp declines In many grade*
below N. Tbs recslpta for the Wfttk Cere
dlghtly In excess of those for last yesr.
Prices are higher than tbe same time last
year for the, three highest grades and
the three lowest. Apparently an effort
la l>elug started by large exporting Infer-
Sets to hammer the rosin market. Just
how far the Independent buyers can or
will absorb offerings at prices shore those
of fbe combine is on open question.
THE 8UGAR MARKET.
London beet market steady; October 9s 6
St
higher; close, uucknuged
L. J. ANDERSON* CO
Bankers and Brokers,
COTTON, STOCKS, GRAIN
Corrsspondsnrs Capital $250,000
RCrCRENCr, THE NEAL BANK
PHONE 1417. PRUDENTIAL 01.00
J
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.
WM. r„ PBKf« President.
nODGUT F. MADDOX. Vic, PreiMekl
THOMAS 3. PREPI.ES. Cashier.
MADDOX-RUCKER BANKING COMPANY.
CAPITAL $200,000.00
SURPLUS AND PROFITS . . $500,000.00
Accounts, small as well^s large, invited.
3 1-2 per cent interest paid and compounded semi-
annually in our Savings Department.
Safe Deposit■ Boxes
For rent in our vaults in tbe basement of ths
Empire {Building for only $5.00 each per
annum.
Absolute Security and all Modem Conveniences
You should not be without one. We invite
you to call and inspect them.
Title Guarantee and Trust Co.
Frank Hawkins. President.
Third National Bank
Capital .... $200,000.00.
, Surplus .... $300,000.00.
D1RECTOR8I j. II. Ynnn.llr.
Frank ll.wktu., S. C.rroll Pars*
H U. Atkinson. JC. II »o*.er.
Joseph A. MrOrd. Da.td Wnodnrd.
3i % Compound Interest
la the rate your money will draw If deposited in the SAVINGS
DEPARTMENT of
CENTRAL BANK AND TRUST CORPORATION
CAPITAL $500,000.00. CANDLER BLDG.
STRONG, SAFE, CONSERVATIVE
You are Invited to call and Inspect our quarter, and investigate
our facilities to lerve you. A hearty welcome a waits you at thla
bank.
ASA G. CANDLER, President.
W. IL PATTERSON, Viee-Pret. A. P. COLES. Caihler.
JOHN 8. OWENS, Vice-Fret. WM. D. OWENS. Aaet. CatVer.