Below is the OCR text representation for this newspapers page.

irm THE ATLANTA GEORGIAN AND NEWS. . THU ns DAY. AUGUST 29, 130 [COTTON FUTURES STARTED HIGHER IHeavy Spot Sales in "Liver pool a Bullish In fluence. • NEWS AND GOSSIP of tho Fleecy Staple. NEAR MONTHS STRONG | Undertone Was Firm With Prices Well Maintained at Midclay. Vtw York, A tic 9.-% opVnotl octlr* mwl gHmralH ••lchu Find t.rirfi were 1 point fow«-r to S |*<»liit* higher c a ol»l«*o from M«er)MMl vturtpi] nlKiut rlglil _ - .. right ,„l then turn**! <*n Ui«* big «nl«*« In -not artl<»?e. aggregating I4.9W bales. of rb 11.500 bnlcn n-t»r»» American. At 10:15 i thi* lorn I market wn» hammered down |4 to 3 point* hr room tM*a» mid Iwcntur ■^Liverpool rrHpomlcHl to the-earl? advance In the* N«*w York market nnd cloaed firm in>i ni?«*«l m % point higher than the Irio'lna on Wednesday. or the Knelt*!) market nnd cloned the York market developed an easier tone ollzlnit. and for the balance of the »ea* Irion the tendency wna steadily downward. | in the late afternoon there waa a alight ■railv from the low point on covering, the ■ * . being steady 3 to 8 points net high. ^UST. I «rbl'*l) Special to The Oeorglnn. t From linywanC Vlrfc & Clark.) Cn,.n,A°„ rk ' "*• »;-n*rtlett. Frailer & Carrlnfton; Liverpool waa due tvte* points tower. Opened steady. 6 itflnts decUtte. At ?*•“ w;n, quiet, net 5«6)4 lower. Spot cotton, fair bualnota tlolnx at 1 points 7.46; aalea 14.000: Atnerl. atw-iiTatlon and export 2,000; re. eelpta 100, all Anterlean. Liquidation I.JT timid Imlla and by others who.favored taking profits on any ad vance brought aboiifc easier prices venter- day after the early bulge. The report* from the Texas belt ssy that this state will "WJl •erlous loss lu average, condition, which will tend to Overcome the good ef. fiH’ta of the high average condition In the holt east of the Mississippi. We favor the buying side on all fair reactions. Do not think they can nonkllily hold thla market back today. Yesterday** seller* clamoring for It now. Some profit-taking checked market fern- porarlly. hut looks like nuother upturn. * 0,, owlug are 11 a. iu. bids: Keptomher Ji*« : October• 12.JW; December 1147; January I*»1S March 12.59. If d-vHoin tliat part of Rlordan’s buy- ing yesterday, which was attributed fo nice, was probably covering shorts for account of a large Southern operator. Kvery state except Texas Is two to three wooks late, with no offerings of spots pos- slble for some time, nnd with the almost de plorable conditions existing In Texas, the only section where cotton can move In quan- Edited by Joseph- B. Lively MARKETS klr. Lively's twcoty-flvs years* experience of ed iting markets In Atlanta and the South baa mads him a recognised au thority In hts specialty. : * RANGE OF NEW YORK STOCKS AND COTTON MARKETS FftkJR OP feTOTE- . A in til. Copper. . , . . Ain. Ice Securities. . , Am. Sugar Itetinery. . America u Smelt lug. . Am. Locomtlre. . . . do. preferred. . . , Am. Car Foundry. . . American Cotton Oil.. Anaconda Atchison do. nreferred. . , . Atluutlc C. Un«. . , . Brooklyn Rapid T. •. Baltimore X Ohio. . « Chesapeake & Ohio . Canadian Pacific. . , « Central Leather. . . . do. ^preferred. . . . Colorado Fuel & Iron. ly."hulllsii and Inclined to market slowly. £®fh Produce. . . .. Kxpect sharp advance before September J*wraa° Southern. . . Saturday * • Monday. ..*••••«. Tti<'*dny Wrdnpatlny. *••••••* Thursday * • 2.779 3,103 3.877 3.805 3,713 8,076 11.324 IH. 767 II. 306 7,316 Total fire dnya l4.tt2 (4415 Blnoc September 1.... 19T7. ....9,872,111 1906. 7,906.369 ~mr 6POT COTTON MARKF.T. Liverpool, barely steady,* middling 7.46. Atlanta, nominal; middling 13%. New Y'ork. steady; uilddluig 13.55. New Orleans, steady; middling 13 9-16. Augusta, steady: middling 13%. Savannah, steady; middling 13 3-16. Galveston, firm; middling 14c. rim Heaton. nominal: middling 13%. Wilmington, nominal: middling 13%. fiddling 13%. y; inhfdllng 13%. nal: middling 13%. Norfolk, dull; middling st. Louis, steady; n * Baltimore, nominal: Boston, quiet; middling 13.55. Philadelphia, steady: middling 13.83. Mobile, nominal; middling 13%. Houston, steady; middling 14c. Cincinnati, nominal. TODAY’8 PORT RECEIPTS. ... — sept lo and do not think a natural decline pos sible until a late frost has been assured, which can not be until Novemlier. Spin nera hold the long coutraet nnd the abort side Is speculative. Habersham King, of Tcxna: “A couple more day* of such heat as this with the practically total absence of moisture aud the season presents the mqat unfavorable developments the Texas crop has undergone In the seven years I have been keeping the weather record.” Unas nnd Tennessee. Bulls Impatient nnd are rushing the mar ket. Buch spurts come quite unexpectedly, and only those that keep on the long side can catch them. Liverpool cablet:- "Large c. I. f. bug! ness doing. Hngllsh spinners becoming un RECENT ADVANCE IN COTTON HAT NOT BEEN HYSTERICAL. Aug. crat: “While ejdstltiL tlona undoubtedly provide an opportunity for at least temporary successes for any organised bull effort, the almost total ab sence of such effort at this time would mer to bull lies The following table shows receipts at tbs Sorts today, compared with the tame day mat year: Orleans, linlvcston. . . flohllo vnnnah. . . . charleston. . . porfolk. . . . “T7IT Tig" INTERIOR RECEIPTS. I The following table shows receipts In thi ktcrlor today, compared with the same day ■it year: louston. . |ugustn. . einphls. . . Louis. . Cincinnati. Total. 3.999 I gjg HAYWARD, VICK A CLARK’8 ■ 6AILY COTTON LETTER. J New Orleans. Aup. 29.—As the market had Pretty good liquidation yesterday, aellerf Lore scarce tills morning nnd the session ipened with an advance of A to 9 points. Brhlch wos maintained for hours. There nri "evelopinents and the market 14 L. I . .oglenl thing In pausing a while the upward movement. September prom' H to furnish nil the excitement wished 1 ■■■ Correspondence from consumers shows Ih.-it hopes are based on the crop out-turni || the eastern states. Any set-back there, id ths chances are many, would start ex- jnslva protective buying, most of which Is Pible to fall on futures. fj k either prevailed In tlieMl HP but 24 hour*. Bcattnrod moderate showers • urred In the esstern half. Indications Ivor cloudy weather nnd showers In the nrthwestsrn part. Htntlonary conditions In lu* rest of the l»elt. Liverpool la very Peady with the near positions particularly ■trong and spot tales are large—total today ■4.000 bales, rallies aay spinners are becom* lug restless over scant offerings and way] ■tart a covering movement any time, h MANUFACTURERS OF COTTONH ARE ON A SOLID FOUNDATION^ I No application of the usual mode* of cat!- jnatlng the value of cotton goods can lie (unde on thla market. Agents themselves Ire not responsible for the high price levels, ■nd have refrained perslsterttly To forre ■lie advantage they hnvc had. As matters Btnnd. upon the opening of the first month if fall, manufacturers of cotton are on aj i'lld foundation. Kupplles from yarn spin- ■er to actual consumer are short. Thus on Brlnts the 6%c price applies only nominally ■•' die market, as the trade eX|H*cts lending ■iekets to go to 7c. l'rlnt doth* also reflect ■in* strength of the market. Short stocks,! 1 staple and lack of labor arp tlH • firctors In raising values. andL. 1 must Im* added heavy forward orders f In haiul. Borers face these facta aud rendy to operate at market values, p* silk trade large buyers of Japm la. Including those mentioned In ■■ r«»tt message” from Y’idcobnnia, bare placing orders on this claws of raw I^Wor near nnd spring o( 1938 delivery. ■ lie movement of silk piece goods In Job- lung nnd Imimrttng circles Is strmig. ilisl- '-'-’-■•i concessions are being grnnt«sl the of woolen men's wear ynrna for use making 1906 spring fabrics. Home buyers ■MMp 1 to 1% per cent reductions prices of last week. This has stimulate Inlying by mills fhat wen* but partially covered. Dress •Jnl sales with local Jobbers strike PP^Pi chord. Buyers for retnllera are innpping up the all-wool and mixture goods ■ml are lu the market tot more. H Printers Resume Purchasing. I As the dlsngrement over the m«nle of de- ■eruilnlng wages for weavers In Fall Hirer |ulse» the possibility of n strike, nml an In- ■erruptlon to delivery, buyers nre showing P ier.* interest In taking spot offering*. Cot- pun goods bmkers yrsterday- sold narrow E*'l» on n basis of ic for 2S lnch 64x60s for P*«"-emlier and Ifeeemlier deliver/. Wide pioths hold flrm at 7%c for stauuarUa. [price current crop report. I < Inciunatl, Aug. V.—The Trice Current pay*: "Corn crop maintaining previous promise subject to taroring weather conill* Fiona hereafter. Oats Indicates some dlsap* ■ ointment In yield. Winter wheat not likely go exceed accepted estimate. Hprlng wheat °l'|Ti*l)>*nslons open to deveUfliments.” ■ uinAiiiK uejB | t I H *rt getting 1 |r< iu asking pri pone much to iierbsl long enough to show the the nroilucors* new found advantage. Mean while. In the absence of any spoctaculnr Incentive to tom-tom beating, the outsider finds no Inducement to come Into the game, the actual cotton short keeps the pence In the nope that an augmented movement may bring some character of r lief his way, nnd the profit-sharing specuL tlve long now nnd then helps out the safe ty-seeking short and hedge-requiring trade by letting go a few contract*. Thus tha re. cent advance has not been hysterical, and therein the situation apparently baa ac* qulred strength.”—Hayward, Vick 6c Clark. COTTON SEED OIL MARKET. market. August. , v September. October. . , November. , December. . January. . Oponlmr. *. *. ! 64%e65 ::: 8 pg ATLANTA MARKETS. FRUIT AND PRODUCE. E008—Active, 23c. L1VK POULTRY—Hens, active. 40®45c. chickens (fresh). 15C90C. Ducks (Pekin), luc each: puddle, 25c each. Turkeys, active, . *Turkeye, drawn, active, 18 cent* pound; fries, active, 10c bound; heua,15c per pound; docks, drawn, rSonucIHuiid. Ue pound; bam, a» tlv* ' 1C.- tiound; ahouldor, nrtlr, 10OIU pound: .Ido, notivo. lie pound: imtt.r dull; ItOllHu pound: hoMwni nrtl»e. 2So pound; honey, brlsht. nrtlro. 10c pound: honor l» l-nonnd block, actlrc, 1,V4« pound. FBUITR—fnney Mc<«onn, ,4.K>: bannnna. '4c lb.: pineapple., Florida atock, none: llinca. Florida atock. per hundred. Me; ptnnuta In aocka nrcrnplnc 109 pound* mi A. ourln* to erode, per pound. «V4«Se; enntnloupea aetlve, ,2.09 crate:' watartn.l. I*. 61i!0e each: a-orpia pbaehe,. ,1.690 iS ernte: rhubarb, 75c each. VBOF.TAIII.KS-rotntoea. new. 13.75 bnr. d: per bnah.l, ,1.20. Onlnna. Oeoreln, ,1.63 G r bushel: Spanish. ,1.60 crate: kraut, halt rrel, ,3.75; eabbac, 2c puund. nrri (Iconic eana syrup 27 e-nta (allnn; aalt, tOO-round. Me; axle xrcr.tr ll.TS: soda crack era, 6',4c pound: lemon, lei ojater, 7c; bar- ■ candy, per mood, We: mliM, pet innd, Hie: tomatoes. 2 ponnd. ,2.00 ease: _ rand, ,2.26: nsry tieana. !2.*:JJma lieant 6'lc; beat matebea per cross. $1.65; macaroni (ilffTc pound; anrdlnrs. mastsnl. $3.$S raao. ArCAR—Standard cramtlotcd. 6141 New York rellned. 4.90: plantation. 5c. 1 COFFRR—Roaatea Arbncklrs 116; balk I* bars and horrela 12c: creen 11012c Hhradded blaea!! «5 caaa: No. I rMM Mta I1.J6 esae; aack arlta. 90-pound haca. II.*; "iter., full wrlcbt. B case: Itch! rr.lfht W.M caae: pepper, 1 Sc lb.: bakln* powder « case: red salmon, $5 co.e: pink aalmnn, ,4 a caa.: cocoa, tfe; cbecolate, 23; anutr. ldb. lara. 4ic: roaat beef. 12.59 ena«- corned be.r, 2.53 caae: eatann. ,1.99 case; alrnn. Htw Or. cans. 95c csllnn; corn. 90c rollon: Cuba potato. BMIM aaaai pewnto. ic; rop% I ply cotton, lie: toap, ,1J9<H PROVISIONS. rnnVISIONS-Mipreme hama l«Me. bettln 204725 poiinda arera»e. ».»: fat harka. t»; Runrcme lard. 10. Purity compound, 24L raltforcla hama. 10c; dry anil extra riba FLOUR AND GRAIN. FI.orn-Hlxheat pat.nf7 55.75: be.t'pnt. rOt. $5.15; .l.ndard patent 24.75: half pat- nr! 24.55: aprini wheal potent. K09. ' CORN—No. 2 white, Me; choice white. 52c: No. 2 yellow. 75c; mixed, 77c; cracked Cora ''cilicKKN 'fViRO—Fifty-pound socks ,1.0), Pnnls Chick feed. J2.00: viefor feed. 2|.M. OATR-No. s White Wtot XoJ ttdxed. Me: Golden oat*. «e: whit* clipped, Me; fancy pound Micks, 1 ^^HaV—Timothy, etvolce lory, twleiu H.15: do choice sni.ll liflles, ,1.21; No. 1, one. hlrd linlea. n.M! Np. 2, ene-thlrd bale*. 1135; cbotc. prairie. $1.91; Dermnda, II.M, ''bIIOUTN—Cbolc* white, 11.C9; fancy, 2I.fc: brown J* t0 1W J>o*»d*), ll.M: brand. $1.35. COTTON Sl'Ktl MBArc-rrfej. per ten, $25.50; No, 2 per ton, $24.00; bull* per ton. Uolnwnr* A Hudson. . Iienver A lllo Ornude. Idstlllcrs’ Securities.. Krl# do. preferred. . . . General Electric. . . . Grent Western.' .... Great Northern pfd.-. Illinois Central Interboro. „ do. preferred. . . . K.msoa A Texna. . . . 71)4 ■8 2- =.c 70)4" I NAME OF 8TOL«l Kansan X l>xus |>M. . Louisville 6c Nashville. Missouri Pacific. . . . Mexican Central. . . . New York Central. . . North western. Nation NorfoL _ Northern Pacific. . Ontario 6c Wesferu. Presscl Steel Car. . , Reading, Kook I sin ud do. preferred. . . . Republic Iron 6c Steel, do. preferred. . . . da. . St. Paul Tern. Coal 6c Iron. Texas Pacific. . . • Union Pacific. * . . U. S. Rubber. . . . do. preferred. . U. b. Steel do. preferred. . Western Union. . . Wabash -do. preferred. • Wisconsin Central, do. preferred. • Total stock sales today, 318,100 shares. NEW YORK. The following Is the range to cotton fo* twree In New York today; lit!)lull In ii.dalii.Af-esl Aug.. . SVpt.. . Oct. . , Nov.. . Dee.. . Jan.. . Wfe.. . March. timm slay. . • ClOOM losed steady. pas 1149 mm 'm 11.65 11.66 ■ 13.28 12.28-29 118212.81-88 11181188-88 12.4711146-48 I.... 12.49-51 1167 12.57-68 12.531165-66 tmst 11.59- 60 III 12.46-48 1152-54 12.60- 61 LIVERPOOL. Following la the opening range, 2 p. in. and close, compared with yesterday: Futures opened quiet and steady. Open lug Previous llnuge. 2 p. m. Close. CIomn 7.09 -7.10 7.10 7.15% 7.15 6.97 -6.97% 6.W 7.03% 8.85 -6.84% 6.77 -6.78 6.71 -6.72 August..... Aug.-Sept. Sept.-Oct.. Oct.-Nov.e Nov.-Dec. 6.98 7.03% 7.U8 6.85% 6.91 6.90% 6.78 6.84 6.83 6.72% 6.78% 6.78 6.71 6.77 6.76 6.70 6.75 6.75 Mnrch-Aprll. 6.69^-6.70% 6.70% 6.76% 6.76 AprlLMny.... 6.70 -6.71% 6.71 6.77 6.76% fiec.-Jnn.... 6.71% Jau.-Feb 6.69 -6.70 Feb.-Mar.... 6.69%-6.^ X69%4; Closed drni. TIPS FiiASIIED From Wall Street rom Hayward, Vick A New York, Aug. 38.~Bar$le Carrington: Amorlcnna In L<»i Clark.) t. 1’rnzler & flriu ‘i'a __ are the features. Union Pacific c<iual to 128 New York. . The declaration of Erie dividends on pre ferred shares in scrip well received abroad The dividends came too late to have any effect .on the market. A recovery lu all Erie shares should result this mornfng. Mr. Schwab la very optimistic on Steel outlook. The most favorable Influence derived from the decline In time money rates. Htroni opening expected. Ilnrrimnns are wel thought of and Rending looks promising a a market leader. Much bullish talk oi Missouri. Kansas ami Texas Issues. Home heavy covering In Steel stocks, es pecially preferred. Market looks very much like higher prices all around. ♦ Town Topics; While the rally may ex- tend a little farther on short covering In vl"tv of the nppi-nnctiliig holidays, the nmouut of ptocks offered on the advance from good sources Indicates that there Is no present Intention an the part of the more prominent banking Interests to encour age n wild upward movement. The mutn argument against the advisability of this Is the disinclination of tho public to buy, nnd Indeed commission houses report that their customers nre selling on all rallies. Formerly many men aiul houses could be depended ou to Join In a good rallying movement whenever tho market was waking from such a disastrous slump, but now these Interests for the most part have all they can do to attend to their outstanding contracts, nnd Indeed ueceasary liquidation will be n drag ou the market for a long time to come. The Erie dividend warrant plan will hard ly provoke much enthusiasm, for. it will add so tuueh Interest to Erie’s charges, while the radical weakness In the Iron courage professional buying of anything ex cept for turns on the sharp breaks, which at present, we believe, will be found to l»e the l»est policy. The Investor, how ever. will be able to And many favorable opportunities III' the present market, but shpnld not place too much reliance on tho Indefinite continuance of present dividends, nnd especially In the Industrial section. ' r,_ ke profits on any further bulge In eot- whfeh. with wheat, should be bought only for turns on auhttnutlnl breaks. Tho London early market for Americana Is generally *hlgher. MINING STOCKS. non .\omi nunc m (’aimnea 18%. I’tnb 43*. NOTES ON GRAIN. Pointer* on Pmviaion*. Special to The Georgian. « (From Hayward, Vick A Clark.) Chicago, Aug. ,29.—Bartlett. Frasier & Car rington: We may see some further weak- until this September wheat is all . cd, but one should take advantage of It and buy wbefft. In corn there Is almost a famine In Chicago. It wna to be expected to see a slight recession lu price of oats. The local traders here nre very bearish on wheat. They point to tho carrying charge and give this as a rensou for lower prices. While this liquidation Is oil It Is possible wheat may aoll lower, but this Is the time. Don't forget one thing, that Chicago Is the cheapest market In the world for wheat. Ocfolier wheat In Winnipeg Is l%c a bushel over our December In Chicago. The Chicago Uecord-Heraiq: Germany furnished the sensation for the grnlu trade Monday by rec bushel In ryo i the result of 1 per bushel In wheat. WHEAT CENT HIGHER AR0UI9JHE OPENING Reaction Occurred Early But the Undertone Con tinued Firm. 8T. LOUIS CASH QUOTATIONS. Wheat—No. 2 red winter 89 m Chicago. Aug. 29.—Profit-taking in wheat late In the day caused a sharp let-down In the price of that cereal, and lorn and oata weakened off some In consequenco. Closing prices showed when* %$%c Ifiwmr greater than that to whoot.^The rye cro|] of Germany last year wna 378.000,oiw luish; els. and the wheat crop only 143,000,000 bushels. The average rye crop In Oerrartmy during the last five yenra was 36»,000.000, ‘ tho average wheat crop for the r d was 140,000.000 bushels. Btcmper, manager of the export partmeut of tho J. Rosenbaum Grain Com pany. who has bceu In Europe since the middle of April last, says: "When I t In Germany eighteen dsye ago” he si “the ryo crop was cut and lying on ground, nnd it wns raining furiously, see hy some of the cables today that It has been raining considerably since. If so, the losses to rye must bo aerlou*. The grain crops all over Europe are poor. leav ing out Russia, which Is an unknown poor, and everybody over there will want wheat. Prices We. however, nre high, the May. delivery up to 11.03, and it seems to me flkcly that sfirh prices will draw much wheat out of Russia." Mr. Stomper made from London to Chicago In seven _ sssengers on the Deutschland, who left London at 9 ft. JD. Friday week, ar- rived off Bandy Hook before noon Thursday. John Inglli wired Joseph Jackson from In- dlan Head, Baskatcbewsn: "Passed through here twelve days ago. Wheat, seeraa to be no nearer cutting now than It was then, B. W? Kalb cabled Slaughter from Brail*. Roumsula. as follows: 7, Dsnubian states wheat and corn exports will be very little thla tea non." Antwerp cabled: ‘The Rua- •Ian estimates of wheat crop ire being much reduced. Wft look for much higher wheat nHsai ’’ * a serious lose to rye In Germany la far wheat market. Itaporta from Canada were '* “ * " mixed as to the crop outlook, but the bad weather gave the bulls the best of the ar gument. A message was received from Min nun i" m»4w. and light, no matter how long frost hob off. The corn Is sll weedy, aud the hue ing will tell the tale forcibly. Corn wl turn ont about like the oata hare, s vet. poor article. The wlra rorylca Is so poor Fbavo‘concluded to write Instead of wir ing In the morning." . .. Two sections of the country are sending In report* of serious drought. Westeni Massachusetts claimed the Niton jnllla there were facing an Indefinite ahot-down cause of shortage oi feed and water, due to <*. »!f b.H.2 In ,b, NvtbwMt intro In. .ttraot. lav, a. w.11 Hihit, Miylntr nf Imrlojr In bx the bl* mnltlnx corananU 3 larxa arrival* th.r. from aa Minnesota and the Dakota*. Mlnnropo. Ils received 120 ears of barley Monday, FISH. I FISH—Dream *e jionnd: .nanpar l»r coniul; trout Ic pound: blue H«h 1c ponadi pompano. SV pound: maekerel. 1214c pound: mixed flsb. Cc pound; frrab water trout, le. HAYWARD, VICK & CLARK, COTTON, STOCKS, BONDS, COFFEE, GRAIN AND PROVISIONS, Carondelet and Grsvier 8ts^ New Orleans. MEMBERS: 1 Jew Orleans Cotton Exchange. New Orleans ^•wYork Cotton Exchange. New Orleans end Chicago Boards of Trade, G*!rastar. Cotton Exchnnxe, New Tor* (offro ipxcnanxe. , Houston Cotton Esc bans,. Atsnclate Mfmberx Urerpool Cotton AH a New Y'ork and Chlcaco Correspondent.: J. 8. BACHE A CO., AND BARTLETT, FRAZIER A CARRINGTON, PRIVATE WIRES TO ALL POINTfl. rollmnte. thnt If export. of wheat from America should pror. ,. larn the present crop yror n, they nrera list yror It wontd red nee rroorren In position, to Iro, than CdOOO.b ) bushels for lielow the dsnxer llae. Kin*, of Toleilo, aaya the demand for corn tnaklnx denntnreil alcohol la dlaap- polntlnc and that more corn dUappmra aa FoKlwlM from Itnxby, N. Dnk.: "Whrot three-qnart-r* cut; averaxe $0 lmab,la; quaj. Ity heat. No froat dnnmxe here. TVenther nrnomhall cable.I that Drtttah miller* art Itcxlnnlnx to Imy dnrum wheat more frroly, aa they hay* ertdently found mean* of — Inx It- proXttblv. The weather In AS 11,11 Is favorable amt the outlook for the ”llox«n ft^ryan aald: ••Nelmii* report* rery bnlllsb on corn. Dome tvell-lnformed people In Oniehn rollmnte the crop at « percent of la at rear, and claim this will I,,, further reduced If there I* a continua tion of the prroent dry weather." Note- Italne reported Momlay mornlnx from eer- ernl sections of Xehenskn. John Inxlls wire from Resin*. Batrbe- wan: "Heavy frost In ecctfons: quality poor. Whrot not rlnenlna. hut male ex portable anndue 2AMMM hnahele. Good wheat rery Util,. If any.” CHICAGO CLEARANCES. Chlroxn. Ans. 22.-Fnilowlns were the rblroxo droreiicro today: Wheat 2SI.M) bushels, dour 25,910 barrel*, coni 172.999 bushel*, oats H.nou Imshelt. Wlu-at aud donr equal 122,H9 bushelm WEATHER REPORT. WEATHER CONDITIONS- With the exception of a few scattered showers, clear weather prevails over the entire map today, but showers hove oc curred over u narrow strip of country ex- tepjliug from eastern Nebraska and Iowa southeast Into Florida. Rain wan falling this morning at Davenport, Iown, accom panied by a thunder storm. Tho pressure la flat with no decided high or low area* and as n consequence tin general movement of the winds Is light, iiiffh temperatures prevail over tho south the map. while In the northern In this section tonight und Friday. COTTON REgToN BULLETIN, STATIONS ATLANTA wheat had sold out, refusing to swallow all tho guff being aent to him ou the Cana dian crop situation. Liverpool waa firm on wheat and there was n great deal of bull news received early from that point, but Into foreigners were aellers. Corn wna active and quite strong early, Hrnirtnnbnrir ninnr ^•.n'T^M! 1 whoat ,oword ,Ue &«. •• •• Atlanta, clear. . . . . . •Chnttnnoogn, p. cloudy.. Columbus, clear. .... Greenville, clenr. .... •Macon, clear. CHICAGO GRAIN MARKET. Following are the Chicago grain and pro- yesterday's lltf AT £ M a A fl WHEAT Sept.,.. Dec. Msyu... . COKN- Sept.... CO Dec.... Vi May.... W OATB— Sept.... 50’ Dee....- 47 1 43 Jai in... 11.26 I.AItls— 15.25 Sept... 2.95 9.09 8.99 S&WI » «** S.pt... 8.47)4 8.68 8.47)4 Out... 5.J0 m Ik Jin.. HAYWARD, VICK A CLARK’S DAILY GRAIN LETTER. ChinaXO. AUX. 29.—Bartlett, Frasier A Car- rtnxton: Onr Llvarpool rabl.a thla mornlnx states there Is a d.dclenuy lu Itiieslan irroperta for winter wlu-at. and Rna- jprlnx whrot Is yl.ldlnx less than ex pected and quality very poor. Old erop ... ■’ - - — - Hannblen mip very . ply will Im prolmlily small and almost nolhlnx offering. Not- Wllbstaiidlnx the heavy eorrylnx eharye* In wheat here, believe thl* whrot la a pur- chose and thnt w* are xmnff to see very nim-h blxher prlero. )Ve may aee aome fur- la almost no eorn In Chleaxo. Ship nera are unable to offer any corn except lor fifteen to thirty day*' shipment. St- ■raikn and Illinois farmers hsvt got to sell more eorn or we will eee higher prlero. Oeta receipts slightly under rnttmatro. Shippers elate that the demand Is not qnlte so good, bnt as prices for low xrndrs here hare been very high the pa at few d*y«. It waa to ha expected to aee a alight rrcesMou tempera n.. thla i ill tiour* Charleston. . Galveston. . . Little Hock. Memphis.. .. THE LONDON STOCK MARKET. Anaconda Atchison do. preferred Amalgamated Copper .. .. Baltimore and Ohio .. .. Chesapeake and Ohio Canadian Pacific .. >, Erie .... .. do, preferred Illinois Central Louisville and Nashville .. Kansas and Texas do, preferred Mexican Central . New Y’ork Central Great Western Pennsylvania Ontario and Western .. .. Northern Pacific Norfolk nnd Western .. .. Philadelphia nnd Heading . Hock Island .. .. .. .. Southern Pacific .. Southern Hallway .. .. .. iln. preferred .. ., .. f referred do, preferred l7#i i20)4 170)4 •firmid mm Had a Stimulating Effect On Opening Prices in New York. TRADING WAS ACTIVE Weakness Developed Later. General Decline Shown at Midday. New York. Aug. 29.—^Today'* market for (lie first two hours threw little light on tha Wall street poaltlcu. American stocks ward * r In London and prices opened up hcra r sharply under tne execution of out* buying orders which had accumulate! me quantity over night. For the first er ef an hour the market held strong gains of % point or thore In the regu lar trading favorites. At the end of this time, however. It l»eennie apparent that the supply of stocks offering for sale had In creased sufficiently fo discourage farther efforts on the leng side. On this prices yielded, losing by gradual stages nil and rather more of the early gain. The Imme diate effect of the Erie dividend announce ment wns fsvorahle so far ns the Erie Is sues wore concerned. The first preferred stock rote • point and the second sold on a few transactions 6 points above the last previous transaction. On the list as a whole It seemed doubtful whether the Inci dent was helpful. There was more criticism than praise for the action which, under tho special circumstances of Erie's financial po sition. could scarcely be regarded aa con servative. New Jg>rk, Aug. 29.—Tho atock market opened generally higher. Erie up %. Onta rio and Western gained Vi. Copper nnd tending gained %, Brooklyn Hnpld Transit r*a up % In all. Union Pacific declined %- Delaware nnd Hudson was up %, Bteel pre ferred gained %. % The market holds flrm nnd at the end of ten mlnutcf' trading further slight gains Pennsylvania 117 3-4 Reading 93 1.8 ioi)4 Rock Island 19 7-8 do. preferred 44 iii)4 St. Pnul .. 1195-8 Southern Pacific .. .. 84 Southern Railway .. .. .. .. .. 161-4 ’iiii Union Pacific .. Wabash 124 2-4 11 84)4 Interboro-Metro 9 do. preferred .. .. 24 5-8 Great Northern • 1213-4 GEORGIA RAILWAY AND ELECTRIC COMPANY. DISTilCT Ann Acts. Temptrstsre. Mobile. Montgomery.. . , , . New Orleans ••Oklahoma Savannah Vicksburg . Wilmington, ..... t. Indicates Inappreciable rainfall. (i) Fur rnt,n!ay. <!) For 24 hour, cmllnx 2 n. iu., 75th m.rldlan time. —Mlulnx. R,marks. It baa bees llxht. J. II. UAltDURT, Section Director. WEATHER FORECA8T. LIVERPOOL GRAIN. Wheat opened 44 hlxfaer nnd at 1:29 h. ut. T4CId blfber. riorod %f$74 Mahar. Corn opened ■» hjxher and at l:» p. m. 44 blxher. t'lorod 44t»4 blxher. CHICAGO CAR LOTS. Tb. receipt, at xraln In ear tot* todai ad estimated receipt* {or tomorrow aro a. Wheat Corn tots [fox*, head. *>.£ a.JSJ My sfiowers Friday In tnouDtaln a llxht to frrab northeasterly wind*. North Carolina—Fair tonlxbt and WaablnxtoD, Au*. 22.—Weather condition) and xeneral forecast: An area of relatively hlxb pressure la mov- Inx eastward over th* lake rexlou, attended by fair, mol weather. In the mbfalle Ml., slsslppl valley a shallow barometric deprea •Ion Is central over eastern Nebraska. The temperature hn. not ehanxed mate, rtally In any part of the country. II I, be low the normal in Ibe lake region and In New England; about annual elsewhere. The wind, alone the middle and south Atlautlc coasts will lie fresh northerly, and on the east gulf roast light end variable. Foreenet till 2 p. m. Friday: Virginia—Fa,lr,tonight and Friday; ^pjual Friday; cooler ob tho roast tonight; light to troth north to northnit winds. Bonth Carolina and Oeorxt.. ... and Friday: light northerly winds. Eastern ' Florlda -Falr tonight; Friday scattered thunder showers; light variable T \Veatern Florida. Alabama and Ulrolaslnpl -Fair tonight and Friday; light northerly Tenneaaee—Fair tonight and Friday. Kentucky-bbower* tonight and probably tm Virginia—Increasing cloudiness nnd warmer tonight; probably sho' Uiulslnna—Shower* tonight exeroit fair lu oouthe ‘ — freen aontherly wind* Eastern Texan—Fair light to fresh so Wrotrru Telni lory and Arkai day. Kleetrle Conipnny today: Did 73. A.lt THe"~COFFEE MARKET. New York, Ang. 29.—Following «r, coffee rnltle,: Hnvre, 19 a. J11.—Nor ember-Heeeniber 19.99. Morket steady and unchanged, bales 1,999. Hamburg mnrket tmclinugrd to •£ pfennig Tb. ■■ rango aud close lu th, market fur today: Opening • Range. rinse. Jnnuary 6.79-5.96 6.90-5.$5 aiSTf.v.:.:.7:;::.:.iStS MB* Alirll 5,95-6.9) 9.904.06 May Juu Jnly August Septemlier (.994.99 October 5.994.79 Noreraber .... Iracamher .. . Closed steady. ,.9.064.19 The nisrket L •n minute.' trading wpre established In many eases. Closing bids follow: Railway 8tocks. Atchison do. preferred Baltimore and Ohio Canadian Pacific Chicago and Northwestern . Colorado Southern . Denver and Rio Grande.. , Brio Louisville nnd Nashville.. . Mexican Central ., .. .. . Missouri Pacino New Tork Central .. 891-4 .. 90 .. 59 7-8 ..188 3-8 .. 143 .. 22 1-4 .. 213-4 .. 20 .. 106 1-3 .. 181-8 .. 891-2 ..102 3-4 Miscellaneous, Amalgamated Copper 70 1 •z American Car and Foundry/ 38 1 -2 American Locomotive 62 1 -4 American Tobacco 78 American Cotton Oil 12 American Smelting and Rfg. 94 f -4 do preferred .. ., .. .. . 95 3 -8 Rroqklyn Rapid Transit .... 43 0 -8 Nntlonal Biscuit 72 1 -2 National Lead . 47 8 4 People's Gas 86 Pressed Steel Car 28 Sloss-Shefflold Steel 46 1 4 Sugar 113 3 4 United State* Steel 31 1 8 do preferred 94 3 8 Western Union 75 MONEY AND EXCHANGE. New Tork. Aug. 22,-Mnney nn roll. 2'ff24t: lime loans flrui; 49 days, 6)409; 99 days, 9)409)4; six mouths, C)407. Posted rates: Rterllng exchange, $4 4J'4© ' with actual luislness In bankers' bill. 4960474.9995 for deinond und $t.S370« for sixty day bills. Prime mercantile paper unchanged. rosre 4.27)4. i at M.8 4.5289 f ' ” ’.'."..1.7(4.79 Hales 13,500 bags. THE METAL MARKET, Sew York, Au*. 2#.—At tho metal ex ('haiiira tinlay tin* price of lake copper wai redticeil, Imt other gradca remained changed. - Tin waa 86 points lower In the bid tnd SC point* lower In the aaklinr price. Lead anil spelter unchanged. • PRIMARY MOVEMENT. Chicago, Aug. p.—Wheat receipts totlay 679.000 Imaheli, ohlnmenta today 436,00) himh ela; last year 466,000 buahelt, shipments 307, ooo buabala. Corn receipts tmlajr 166,000 huahela. ship mente 362.000 Iniihels: last year 291,000 htiali ela, ■blpments 289,000 huahela. ALONZO RICHARDSON & CO. Public Accountants, Auditors and Bank Examiners. Audiix, Special Examinations, Costing and Systematizing. empire: building, Atlanta, ga. THE LIVE 8TOCK MARKET. Chlcngn. Aug. 2*.—Hag*— Reeelpta 19.999. ilnrket K'Tll.V’ tower: light 95.0Ma.j6; mixed 6.7365.46: heavy Ki lifilio; rough <54606.70: jigs $5.0965.35; ynrkera and feeders K 45<) Catfle—Receipt* /.MO. Market ate*dy; l«>eve.J4.:0iB7.ii«; cow* 9l.S3fl5.40; Texas steers $2.7IWk; rolvro tS.50V7.C0; western jtritlu 915009; stoekers and feeder* 12.69V Hbeep—Ileeelpls 22.009. Market I0(l29e tower; nkllvro <1419.65; western KfiH.CH; jvarnngs $5.60<r9.20; lambs 1609,65; western 8ENT TO ORPHANAGE BY UNKNOWN MAN. Special to The Georgian. Clinton, S. C„ Aug. 3».—A matron re turning ip Thomwell Orphanage found a sobbing little girl on th* train, with a tag pinned on her dress, which rend: “Mlag Haxel May Lowry, Thomwell Or phanage. Clinton, S. C.” The child does not know where she cam* from. She say* that a strange man put her on the train and that her mother does not know where .he h$. HAVE A REAL VACATION and read The Georgian and New. .very day while away. Sent everywhere 4S cant* a month, 10 cent* a weak. Phan- 4928 «r writ* circulation department, Ths Georgian and Ncwa. Ns treubl- to change address. 4% UNION 141 SAVINGS BANK Geuld Rulldlng CAPITAL STOCK . . . 8100.000.00 '• _ maoukoii | . 0 , 4 /0 88 00,000.00 I 4 /o $88,000.00 GOLD BONDS to net investor nearly 6 per , cent. Write for circular^ J. H. Hilsman & Co., Atlanta, Ga. ATLANTA NATIONAL BANK ATLANTA. GA. C. E. CURRIER. Prssldtnt. M. T. INMAN, Vice-President GEO. K. DONOVAN, Casbltr. JAMES 8. FLOYD, Assistant Cashier. Capital Surplus and Undivided Profits $500,000.00 $660,000.00 We Solicit Tour Patronage.