Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, September 05, 1907, Image 11
.'HE ATLANTA GEORGIAN AND NEWS.
rtfufltiiMx. hkpikmiimc ft. lwr.
THE FIRST HOUR
| Cotton Opened Higher on
Strong Advices From
English Market.
NEWS AND GOSSIP
of the Fleecy Staple.
are better than due
! L 0 ,st the Advance Later, and
New York Reacted
Sharply.,
w« Y"r», Soul, (.—Trail# »t tin- iiptnlox
.,',1,0 l,»nl mttmi initrkPt won nrtlve ami
.Hi-on IV.-n- Hlri'iinir. i to S |wlntx hliilmr In
['l™,,.,,. l.ulIlZb A.-rliiB an Ilia
Li .f that several prominent house* with
i.rhate wire* were •hurt. the bulla sut»-
Lrtni the market rigorously litter.the call,
{•rerentlug any material reaction.
j wiill „ r ...
•iightiv l*ettcr than due utitl advanced
point *onW» 10-point* letter than was
mi New York's cloning of Wednesday,
which prices sagged off to the ol<»ci»,
tiiii^hlua barely steady and unchanged to 1
mi!iit metier, .
The decline In Liverpool In the late trad
„> wan lespoindble for the weakness It.
svw York during the, morning-scshIoii.
At noon SR« Giles Issued her eat (mate of
he noil. Iii which ahe makea the yield 12,-
{Si.nn t I tales, agnlnat 12,860.000 last year.
'• romlltlon (a given nt 72.8. agnlnat <6.8
(tilth. ' y
MIm IIIlea* reports were apparently eon
iih Iwnrlun. In that their effect wna
rejitlble either way. The trade dls-
c red I ted the eatiniale, na the atntea hereto
fore re|N»rtlng good condition, and were ex-
|i«-ted to offset the poor proapecta In Texas
nrc re|Mirtlng -rapid deterioration, aa abowu
hv tlf following from Mllledgevltie. wide!
condition In. Georgia: "The rot
In Baldwin. Jotiea, Wllkerson.
Twlgga and Jasper cmintlc* lina aufrered
Imdly the past week on account of the ex*
treiue heat and dry weather. The cotton In
many places Is entirely killed by the heat
ml the India are hunting open prarantitra-
. With the moat favorable weather from
iur mi tliere enn not |>e Inore than two-
third* of a crop made. The moat llhernl
iservntlve estimate would not place
<»P alioVe 86 per emit of a full crop.
This certainly hits the fanners a hard
lick."
S|M»t con tin m*a in good dciuniul nt Liver
|noI. Mplntiera taking 10,000 bales Wednes
day »t 0 ptduts advance, making middling
There was a small reaction from the
point* In the last/hour, closing the
market steady 4 to 11 points under the
final figures of Wednesday.
SPOT COTTON MARKET
, ng 14**.
Charleston. nominal: midttllng 13V*.
Wilmington. nominal: middling 134-
6t. l^iuia, steady; mldilling 13V*.
Norfolk, steady: middling 134.
Balt I more, nominal: middling 13%.
Itoaton. dull: middling 13.65.
Philadelphia. quiet-.- middling. 13>5.
Mnbtte. TiomntnTrUWMlfhg W*. '
Montitou. steady: mldilling lie. •
UlncImintL nominal.
HAYWARD, VICK & CLARK’S
DAILY COTTON LETTER
is. Sept. 5.—lliilllali Inspirations
from Liverpool, where futures
advanced sharply long before our nuirket
opened. Spot antes arc again largo at 9
higher, fables ro|M»rt that tempo-
supply conditions Induce spinners* buy-
mid speculative short covering ill the
posit Ions. Our uiurket o|>ei»ed 500
Maher to meet f.lrer|KM>l. There was boll-
sitloralde realising around 13c for October,
mid when the weather map was complete
and showed no danger In any quarter. trad-
'ciiuie ipileler and prices tagnu to sag
ant of nay fresh provocation toward
rt. Cloudy weathef, lower tempera-
and showers were .general In the At-
durlng the |iast twenty four hour*.
Special to The Georgian.
V Vick ft Clark.*
c.i.rtT,JL« r *' 5-HarJlctt. Frailer
srniigton. Liverpool cable* were tine
L * ! l,t ,, « h !‘!'. Dpeneil sternly 1 point
iJ .mT 1,11,1 - higher on tllstsut positions,
of was quiet nt a net advance
. i ^ l M dnts. Spot cotton steady 9
5 , ' l '! , *h , *lier. Middling 7.57: sales 10.5®.
/l^'rtth" 1 mid export 1.090,
imports l.O-w, American uone.
' ,l "pl*ys an Improving tend-
»,V n brood heavy.
Miss (riles report due today at ntNin.
u A ,nrtrr ^•* ,, »inie of the crop, board
thinks figure* will lie f2.500.C0fl. The storm
in Georgia wna severe ami prevailed over a
, t,, frjtoey ami great damage Is re-
ported. .Showers expected In Texas today.
Short covering and clique buying respond-
Ido for strength prices yesterday. We fa
vor the buying side, on nil decline*. Think
rotten will sell verv much higher.
Liverpool If 10 points better than,due
looks like a sharp advance today.
.Market opened steady with n good de
mand from couimhuduii nooses for l«cc«uiber
ami January. tax-nl bulls bought eotton
around the opentug. Mitchell. Nhonrran and
»»? i *hiehe and Hubbard good buvorn
llleli Ikmght January ami sold December,
presiiinnbiy for Llver|u»ol.
Miss (Hies srlir Issue her monthly ec
crop report,nt uoon today. The report will
also Include her first preliminary estimate
of the slxe of the erop. The floor Inst nlsht
for M " Mtlwnte of around 12.
600.000 bales.
MoFadUen gootl buyer tbrtmgh Rich, Seld-
cnlitirg.. Allen ami i'oue.
KoHowIng are 11 a. m. bids: September
Jl®, Oetolier 12.46. January 12.65. March
Market sold out and Uie short Interest,
already hi rets h »s been mlde<| to. Place
confidence In (illes report, but If correct
government should show 70 to 71. Tliluk ....
effort Is being made to get market dowu to
cover on.
Hutton Just.sold 8,000 January from 12.61
t« 12,59. Hehlll and other ItH-ars bought It.
Mall street Is selling and It looks like this
morning s sellers are taking back their
cotton. Huy It on all soft spots.
New Orleans. Kept. 5.-llavward. Vick
( lark: Market opened 5 to 6 up. Home
realising around 13c for Oetol»er, but the
Itoom Is on In Llverptsd mid will probnblv
carry prices over 13c today. 4
Heather map. Incomplete, shows so fin
generally fair In Texas and pnrtlv elotidj
In western Arkansas, raining along Atlnntle
const. Heavy rain at Jacksonville, 2.16.
Little Hook—The Farmers' National Co
rn tern live ami 'Fdiieiitlonnl Union flxetl to T
day the minimum price nt 15o for Hopteiuber
middling mid %<• ndvnnoo every • month,
making the minimum price 16c by January.
The price of lopg staple Is flxetl nt 27 to
45c n pound.
New Orleans—Atlanta says great damage
I* reported to crop where the electric *
tornado occurred around Fort (inlncs.
NEW YORK COFFEE MARKET.
The following figures give the opening
range and close of the New York coffee
market for today:
Opening
March
April
May .. .. .
June ’
July
August ....
September ,.
Oc loiter
Norembei" .. ..
Iiprotnher .. ..
Closed sternly.
If:. DC*.
6.09-6.10
.. .. .. ..6.05-6.15
6.15-6.20
6.15-6.25
6.15-6.25
6.13 6.25 (
.. ... ..6.25-6.W (
0.25-6.**
5.86-6.9H I
5.L5-5.95
....... ..5.85 ' I
. .. .. ..6.00-6.05 i
Hales 29.750 bags.
6.00-6.06
6.06-6.10
6.10-6.15
0.15-6.21
6 20-6.25
THE METAL MARKET,
. .. -Iron
bit) and iisk^l prices for copper.
Tin Is off 37V*e In the Md anil 55c In the
asking figures.
* ad and spelter unchanged.
ATLANTA MARKETS.
trlets
t.-itiui
heavy rains oeeiirred in the coast tlls-
riie western belt hail little preclpl-
ludh-iitlons |to||it to stationary
during the next thirty-six hours,
•vement Is picking up. Hnrnnnah
*.14S receipts for the week, against
ist year. Receipts at Texas ports.
\ are compnrntircly small consider-
bix the early supply from south Texas.
GalvcMitm records ao far for tlm week Is
against 88.356 last year. The market
•inlet nt this hour, no ten lure to the
"ling nail 410 news of Importance.
‘ ••«■ York, Sept. 6.—Harriett, Frasier &
'rliigton: The opiyilug was strong, shorts
*«* filghtemsl ami eoven*d without lunch
lidltlo .
r . th ago. 11 "decline of .
f # iu< li was considered very small. In
1 Hie reports of the crop In Texas re
■My- After selling nt 12.48 for Octo-
»nd 12.68 for January, the declines
tight 1 tcfuller down to 12.36, and Jnn
y down 12.53. The oiitltNik. #o It hough
licc.iuse of the strong spot situation,
‘ts uncertainties, ntitl we believe 11
oltcy to pnrsue at present Is to scalp
t for turn* *
CONDITIONS WEDNESDAY
FAVORED HIGHER PRICES.
Now Orleans. Hopt. 5.—The Tlnies-Hetno-
r 5 *! m.v»: "Trustworthy rejHtrts of crop
fMterloratlou. general expectation of a bill)-
bit CMtornmeut condition bulletin next Molt-
bearish fear of New York’s s|H»t
"M revision this month, ami the knowl
that thf current strength of actual
" l« without precedent In market hls-
bry. if environment be given due conaldern-
i. were yesterday dominating price fac
1 and overshadowed, nt lenst for the too-
PJf.nL professional confldenee In the Inn-
‘‘f the farmer to drive n hard Iwirgaln
bolding his rottou nt existing values,
* the movement nhall In* on In earnest,
“sinners and actual eotton shorts are not
pitying forward commitments In encourng-
■"* V'l'ime liet-fluse of high values aud the
preinltini ovar future cotton merchants are
' '•msutling. Hut In tMs connection the
speculative operator will consult his own
by not overlooking the fact that the
sp.iitllrs nf the world were chewing up raw
r'dtpn rapidly enough and a temporary
'picking of the channels of trade 1* not
rrourlng the ultimate requirement, though
.!!** r **rot may lie the development of tie-
h - u OI SP -0 °f farmer to liquidate
i t mort freely."—Hayward, Vick
FRUIT ANJ3 PRODUCE.
each; puddle, 25c each. Turkeys net
nind.
8HKI» POrr.TUY—Turkeys, drawn,
20c pound: fries active, 20c pound;
liens. 16c iHiunil; thicks, drawn, fancy, 15c
pound.
I'ltonrCB—Lard. 12c pound: tinms active.
16c iHMiml; shoulders active, 10®llc noiind:
sides active. 11c |h>uiiiI: butter dull. 10012i*c
pound: lN*eswax active. 25c pound; boiley
iliricliti active. 12«*c p«*t»i»#l.
Fltl'ITH—Lemons, fancy Messcnn. $4.59;
bnniiiias. 3V*c piuiml; pineapples. Florida
stiN'k, uone: limes. Florida stts-k. 50 per
hundred; peanuts In sacks averaging 100
rounds each, owing to grade. c ponml:
cantaloupes active. $2.00 crate; watermelons.
5fH6<* each; (leorgln peaches, $1.505<l.u per
crate: rhubarb. 75c.
VKOBTAHI.KH—potatoes tneWK $3.00 per
barrel: per bushel. $1.$0. Onions (Oeorglai.
$1.50 bushel: Spanish, $1.50 crate;•kraut. 4
barrel, $3.75; cabbage, 2c pound.
GROCERIES.
HICB-Jnp. 5«64o; head. 6$7c: fancy
head. 7f?74c. according »o tho grnde.
rilEKHK—Fancy full cream, l.c; (Jeorgla
cane syrup. 37c gallon; salt. 100 pounds. 50c;
axle gi'eose, $1.75; soda crackers, 64c pound:
lemon. 8c: oyster. 7c: barrel candy, per
pound. 64c; mixed, per 8 pounds. 64c; toma
toes. 2 pounds. $2.00 case; 8 pounds. $2.25;
navy beans. $2.35: Lima l»eans, 6'*c: liest
matches per gross, $1.65; inacnrt.nl, 644*C
pound*, sardines^ mustard, $3.25 case.
PROVISIONS.
RI*4JAR—Standard granulated. 5%; New
York refined. 4.90; nlnutatloo. 5c.
COFFEK—Hoastetl, Arbuckles. $16.00; bulk
In taiga and barrels. 12c; green. 11012c.
Hhredded biscuit. $5.00 caoc; No. 2. rolletl
oats, $3.25 case; sack grim. 96 pound bag*
SJ.36: oyster*, full weight, $2.00 case; light
wrigbt. $1.10 esse; pepper. 18c {imind; bah
lug powder. $6.00 case: rod salmon, $8.00
ease: pink salmon. $4.25 cate; cocoa, 40c;
chocolate. 33c; snuff. 1-pound Jnr*. 48c; roast
beef. $2.63 mar; syrup (New Orleans), ttc
gallon; corn, 30c gallon; Culm potash. $3.23
03.30 case; peanuts. $c; rope, 4-ply eottoji.
Be; soap, 91.6004.69 case.
PUOVI8IONK—Supreme hams, 154c; liel-
lies. 29025 pounds average 10; fat backs,
8.20; Supreme lartl. 10. Purity componad,
ST*. California hums. 10c; dry salt ribs, 9.20.
FLOUR AND GRAIN.
FLOUR—Highest patent. $5.73; best pat
ent. $5.25; standard patent. $4.75; half pat
ent. $4.65; spring wheat patent. $8.00.
CORN—No. 2 white. 80c- *“*
So. 2 yellow. 80c; mixed,
iter bushel. 80c.
CIIICKBN FERB—Fifty-pound sacks. $1;
Pmiln chick feed. *2.00: Victor feet!. $1.50.
OATH—No. i white. 68c; No. 3 mixed. 68c;
Golden oats. 65c: white clipped, fie; fBnry
white clipped. 70c.
MEAL—Plain, per 96-pound sacks. 78c; 48-
pouutl sacks, 7ic; plain, 24-ponud sacks, 80c;
*TlAY—THmyhy. choice large Imles. $1.35;
Jo., choice small Imles, $1.80; No. I. one-
third Imles. $1.30; So 2 one-thlrd hnles.
■ * irnlrle. $1.00; Hermuro. $1.00.
_holer while. $1.60; fancy. $1.60;
brown to 100 pountUu. $1.50; bran. $1.85.
COTTON SEED MEAL— Frlni* per ton.
«.50; No. 2 pc? ton. $21.00; butts per ton.
■ FISH.
Piait-Bmn. too lKMind; «l»np»r, HV
trcHf. fr ponwi: Mo, <l«h. Jv pound:
pomp,no. »• ponml: moolinffl. 121V l«nnd:
■ ~ - *■ ■- ii; froth wnt.r trout, le.
Edited by
Joseph B. Lively.
MARKETS
Mr. Lively’s twenty-five
year*' experlcac.e of ed
iting markets In Atlanta
and the Hotith has made
him a recognised au
thority In bis apeclalty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
NAME OF tTOCfO
on..
Atual. Coiiprr, , < ,,
Aiu. Ice Securities. . .
Am. Sugar Refinery...
American Snouting. .
Am. Loconittre. . ..
do. preferred. . - -
Am. Car Foundry.
American Cotton 0
AmtrntidH
Atchisotr
tin. '.referred. . ,
A* In tit le 4* Line. , v
Hr<K.blyii Itnpld T. J.
KalttiDpre ,V . .
ritFtttocabp A Ohio .
Canadian Pncffle. . .
Chicago A- Alton. , ,. ,
Consolidated Gits. . . .
Ceutral Leather. . . .
do. preferret). . ,. .
Colorado Fuel A Iron.
Corn Product
Colorado Southern. . .
Delaware .% Hudson. .
Denver A Rio Grftnde.
Distillers' Securities..
Erie
do. preferred. . . .
General Electric. . . .
Grant Wealern
(•rent Northern pfd. .
Knnsa* A Texas.
NAME OF STOCK.
Kansas \ J exna pfd. .,
Louts vide a Nashville.
Missouri Pacific., . . .
Mexican Central. . . .
New York Centro!.-. . ,
Northwestern
js*nClonal Lead
"Norfolk a Western. ..
Northern Pacific. . . . ,
Ontario A Western. , , ,
Pennsylvania
Pacific Mull
People's' GAS Co. . . , ,
• Pressed Steel Car. . . ,
Reading
Ruck Island. , , , * '
. do. preferred’. . , ' '
Republic Iron A Steel’
do. preferret|. . . *
Southern Pacific. . . *
Southern Hallway. , [
do. preferred. . . * '
St. Paul *
Tenn. Coal A Irou. . •
T^xn* Pacific •
L’ulou Pacific • •
U. 8. Uublter • 1
do. preferred. . . f 1
U. K. Steel • <
do. preferred. . . . .
£ 2
s
if
inS
a
a
25
64
70*4
184
SK
1064
!«4
ill 54
234
1
m
■mi
note
llSH
1194
8TH
m
29
m
29
m
21
21
21
21-
5S<i
83*i
10
<
taii
iin‘*
•taU
136
136
136
28
W
29
12734
82
>3s
32
•Viii
3U4
324
U4te
.*te
ii"
ii"
12
21
21
21
Ttitiil »toc|^TMiii»s~bMlnVr6fl9.S00 < ritares.
NEW YORK.
Cures In New '
kept.. .
Oct. . .
Nov.. .
Dec.. .
Jnu.. .
Feb.. .
Alni'ch.
Anril. .
May.
1 Open. 1
111*
ml
|n
('loteti steady.
9112.29
! iiiwiiilwIiiiiM
114M7
12.SI-S2
mi
12.76.77
12.79.8a
NOTES ON GRAIN
Pointers on Provisions.
Chicago Evening Post: Illinois State Regis
ter rff Springfield quotes President Helmut a
of Clirlatlau County Farmers' luatltute
saying that part* of Christian county will
have greatest corn erop In Its history t If
frost holds off to mltbllc of September. 1 He
Says frost would cut bumper erop square In
two. lie estimate* com, yield <d county
nt nn average of 96 bushels to the nere with
out frosts. . . ,
To Thomas llennett A Co. from fit. Louis:
l/»cnl ami near-liy Illinois millers taking
wheat at adt*lice* of 401c for soft gtud
1014c for hard winter. Millers have made
large sales of t
and doimmtlc."
The “
lows: Wheat this ;
na fol-
.„ ,000 bushels,
bushels. Rye 1.496.000.-
v... bushels, last year 1.464.090.000 bushels.
Exporting states hare the following suf«
Itels. The aggregate surplus
84,009.000 hUAhm* JHitl the re-
(.030JM0 bushels. ' <
sldpmeufs of breadstuff*
.L .-a... « Til AM l.t.mli.ili.
United States 100.000.0).) bushels. Argentina
112.000.000 biiallali
amomibi ip 584.
(linrements 616.f
Total world’* —. r — - -
during the Inst week were 8.744.0)0 bushels,
compared with 7.568,000 boshela last week
and 9,921,009 Imsbela a year ago. Quantity
of brendituffs shipped fin* order* laeliHled
In the glaive 856,000 bushel*, compared with
1.152,000 bushels Inst week and 908,000 Imah-
. els a rear ago. Total wheat taken by rout I-
neural countries the last week were 3.GI8.ftv
bushels, aealust 3.688.000 last week ami «.•
5CS.OOO bushels n year ago.
(». W. I.lndmnn ha* the following from
Winnipeg: "Just returned from n three
slays' drive through it section of country
rc|H>rteil useless from frost. Found wlumt
good. Cutting will begin this week. Cut
ting geueral in southern Manitoba. If the
weather continues such a* we are hating
will Imre good erop in this country."
"Jim Put ten I* putting up a big btuff In
nil tin* grain markets, said one of tho
close (tbuePVera of what wga goiug on In
the local trade. "Take Ids day's buyings
out mid there would not Im enough left to
make s bull market today.”
James Rennett had it Hf. I^iuls message
saying: *'r.nrforf miller here re|H»rts very
robust demand for flour. l»oth foreign and
domestic. Huyers taking offerings nt top
prices, paying premium for October ship
ment anti ending for more.”
COTTOfTsEED OIL MARKET.
LIVERPOOL.
Following It the opening range. 2 p. n>
and close, compared with yesterday:
Futures opened steady.
Opening Prevlou*
" ' 2 p : m. Close. Close.
Hoptcml»er... 7.0i -7.il
Nor.-Dec.... 6.85
May-June...C 6.n -6,84
' Closed barely steady.
7.164
6.97 6.954
6.904 6.884
6.85 4.83
6.82 6.81
6.814 6.794
6.82
w*
«.7m
NEW ORLEANS.
The following la tho rnuge In cotton fu
turea in New Orleans tot lay:
1 0 4
[1 1
J
i
II
U
»iit :ij.i4[is.is
t let 12.90 12.98
Nov
Dec 12.8312.86
Jan 12.8612.88
Feb
March. . .!l:\9oi 12.97
April. . . .! |
BJ6
ii!«
12.72
ii!84
ip
ILL84
13.1a
12.96-87
12.70
12.09 70
l 0 71
12.“76
12.43-96
12.01-93
lj.Ka
12. (0^1
12.78
12.9041
12.88-84
12.89
Closed steady.
■' ::.arin V ' ,i ■ jrax- „ ■■■ -,t• ■rTjf - tii i ■
WHEAT OPTIONS WEAK
AND SHARPLY LOWER
Trade Broad and Active,
With Selling Side the
Favorite.
tecemlN'
'January
March
Closed steady.
oil market.
Opening,
September.,. A'Aflll
Oetolier 5940514
Movemlier
, Ohliago. Sept. 5.—After an active
aea.ilon on the exchange, which nrns
eandwlched In w ith abarp price changes
and considerable excitement, wheat
closed. 1 5-8#l l-4c lower. Corn lost
1-217 Ic. Opts were unchanged to 1-8©
3-Bc higher and provisions were S to 25c
lower,
The financial trouble, of Walton &
Co. failed la cut any figures In the-Cht.
cagn wheat market, as It was known
several weeks ago that the big Minne
apolis grain man had lost millions In
Great Northern and Northern Pacific
share* on the ..recent sensational de
clines In Wall stfeet. The fact that
Liverpool refused to follow the advance
of yesterday at Chicago and that the
bears' cable reported the Antwerp mar
ket os unchanged while private adylces
showed sensational upturn*, caused
many of the longs to become free sell
ers and they attempted to bolster up
prices while they were throwing their
wheat overboard. Bids on wheat from
abroad were les* encouraging. Argen
tine wheat shipment* are estimated by
Broomball at 8(10,000 bushels, compared
with 400,000, a week ago and 824,000 a
year ngn.
Corn was attacked by the long* In
the way of taking profit* and while the
edges were trimmed off value* ther*
was some reaction from the lowest
price*. Cooler weather throughout the
corn belt was the principal bull help.
Argentine shipment* for the week were
1.600.000 bushels. 1,4(2.000 the week be.
fore and 2,202.000 a year ago.
Increased offerings of oat* by long*
and some short selling put price* lower.
The bulls made a hard fight and caused
some reaction from the lowest point
reached.
WEATHER REPORT.
TIPS FLASHED
From Wall Street.
, _ glAlt.
i From Hayffar*!. Vick- A Clark.)
New York, Hopt. 5.—Harriett, Frasier &
Carrington: nntsblo trail* In tho at<H*k mar
ket very light. Home of the same selling
ns yesterday going oil. but outside of tuht
It Is all local, ivltb professionals playing (be
short side.
There Is n rumor on the ls*ard thut
block of Union Pacific stock was handed
over to Mr. Morgan.
tamdon reported as buyer of Unlou Pin
There Is not much of the stock ufloat in
London.
Trading In Union Pacific very heavy.
f,ookM like going much higher. Chicago.
Burlington Mini (pilncy Just sold at 228;
highest on record.
Town Toole*: While the market may
hack'and fill around the present level* for
a day of two. we hare every reason to be
lieve that the next Important movement
will Ih? downward, and bearish sentiment I*
shortage and . .....
take advantage of the technical weakness
to dppress values. Htieh Incident* ns yes
terday's failure in the Irou undo with fur
ther weakness In Iron mid small demand
for copper, the Standard Oil hearing to be-
gin today, the luterliorough-Metropolltnn
troubles, the Alton developments ami the
ramlttOM dlas'~“ — “*"
local inercnntli. ..
uored. while next .week's cltr bond offering
la Still lo Is* proven successful.
Good railroad stocks are cheap, but It
must be remembered tlint the New York
Central directors ore soon to act on the
dividend, ami tlmt tlielr action will prove
unfavorable Is the growing belief In th •
street. Consequently we advise taking prof
its obtainable on the hnrd spots on the long
side of stocks nnd awaiting the material re
action. w*e feel, will soon come l»efore buy
'll. Hear rumors are current, espe
cially mi the local traction stocks, Including
Brooklyn, the Nteels, Copper and Smelting
Issues nnd New York Central.
On any further bulge In cotton we would
take long profits and watt for a sharp set-
lutck before buying again, though the Im
mediate market of course will depend upon
the extent of the Atlantic const storm.
We do not see how the grains can hold
their present level.
The London early market for American
Murltlcs Is from 4 to 4 off.
rioston. Sept. 8.—Following was the bid
MINING 8TOCK3.
Declines Extended From
Small Fraction to Over
One Per Cent.
LONDON WAS LOWER
After First Hour Advance
Was Carried Above Last
Night.
non 114: Copper It
29; Trlulti- 164; Ni
Coalition 29; Mnhawl
WEATHER CONDITIONS.
tie c<uist. In the southeast
northern border of the United sti
showers have occurred In the Inst
In Georgia, the Carolina* on the Atlantic
const from Jacksonville, Fla., to Jic*v*n ,
“ In Michigan,’Iowa, nnd Rocky Moun
Is now centered around Kansas City, while
Its crest extends from Mouth Dakota luto
northern Alabama.
The tem|>erature has risen on tho New
The ndvanc* of the northwestern area
of high barometer will cause generally fair
weather In this section tonight and Friday.
COTTON REGION BULLETIN,
For the 24 hour* ending at 8 a. to., 7Stb
STATIONS
ATLANTA
Tvaipc
e/s rtner.
ffJI.t
Kin. 2
•Chottnnrogn. clear.
Col ii tubus,, cloudy
Greenville, cloudy
*Maeoq. partly cloudy. . i
Montlcello. cloudy
Rome, dear
xHnartnnhurg. cloudy. . . .
Delayed data. Hopt. 4:
Gainesville, cloudy
Griffin, cloudy
•Macon, cloudy.
••Montlcello
No won n. cloudy
Tnllaponsn. rain
West Point, partly rioudy.
iT?
•^Hnlmtiui temperaturea are for 13 hours
ending 8 a. m.. this date.
xReceived too late to Include In district
arerages.
HEAVY RAINFALL!
Thomnsvllle, On 1.56
LumlHTtop. N. C 1.54
_ . Obi Dominion
North Butte 644; Butte
is wk 09.
LOCAL STOCKS AND BONDS
(Revised by Hlllyer Inveitmen^Cotn^anyd
Atlanta & West Point It. R. 1604
Athmtn, Birmingham and A.. 1$
do. preferred
Augusta Factory 774
. •. . ~ . 1 Trust Cprp. 125
Iflllt 225
Seaboard Air Line 10
do. preferred U4
Boot bwestern 107
Atlanta 4 per c. bond*, 1933... 100
Anguata 4s. 1931 ...
Georgia 44*. 1815 coupon 10JH
Dixie cSroomIh* fstmfg.’fe 96
On. It. R. und Ukg. Co., 6fl.. 102
Seaboard 4s, 1960 064
NAVAL STORES.
Savannah, Bept. 6.—Turpentine firm
at 53 1-2; sales. 6,335; receipts, 610.
Rosin Arm; snlesi 2.597; receipts,
2,689; window glass. $6.26; water-
whlte,-*|6.16; M, $6; N, $6.56; K. $5.35: I,
$4.80; H. $4.76; G. $4.6504.70; F. $4,600
4.62 1-2; E. $4.40; D, $4.07 1-2; C, B, A,
$3.95.
RAILROAD CHIEFS
ill
NEGRO DIE3 SUDDENLY
WHILE DIGGING GRAVE.
8|H>(ial to The Georfflau.
Wadley, Ga.. Sept. 5.—While a*al*t-
Ing In dialing a grave for Mr*. Park*
at the cemetery here. Stephen Evan*,
a negro, fell to the ground and died
maidenly.
Annie Carved Jim.
Jitn nnd Annie Tank, negroe*. were
arraigned In the rerorder'a court
Thursday morning, charged with dla
orderly conduct. Jin: Tank had taktn
another woman than hi* wife to a pic
nic and Annie proceeded to carve him.
tie wa* not badly hurt and *ald he
didn't want to proeecute her, but the
acting recorder decided Annie Tank
wna a danger.iu» *ort of woman to be
running around, and he fined her
(10.78.
Della Big Loeer.
A* a reault of a raid on a Decatur
■treet crap game by Officer* Long,
Bentley and other* Wednesday, the city
i* considerably richer. Delia Roger#,
keeper of the reeort. wo* fined (So.
and a woman watcher tit, while the
other *lx primmer* were taxed from
(in to SIS each. The Rogera woman
paid alt the fine*, aggregating about
f 1(0.
CHICAGO GRAIN MARKET.
Previous
Opto. High. Low. Clear. Cion.
wtlBAT
Hrpt.... MJi
lWi
pound: front. t»»r
pomp*tie, 20o pound:
lulled flab, (cjmtiud; fre,h water t
BAGGING AND TIE8.
BA:;UIMi'-l% lb.. lOHc; 1 ll>v lie; 2K lb..
UUrj re rolled IMcoud baadt. TMe.
TIES—New D ll bunch. «econd-b*nd (1.0ft
HAYWARD, VICK & CLARK,
COTTON, 8TOCK8, BONDS, COFFEE; GRAIN AND PROVISIONS.
Carondelft and Gravier 8t»., New Orleanf.
MEMBERS:
ff«w Orleae* Cetton Eirbing,, New rtrleene Kntnre Brokar*' AMoeUrfira.
hew Tork Cotton KicUtinge. New * T ^ ‘
Bs.rrxtca Cotton nxrhnnxr. New torb Caffe* rnttnn A.t’n.
Heuitoo Cotton Eiehnnee A*oorlMte Jleotbor* Uverpool Cottoo Ann
Sew York end Cbleego' orreepoodoato:
J. 8. BACKE A CO., AND BARTLETT, FRAZIER 0. CARRINGTON.
PRIVATE WIRES TO ALL POINTS.
Anti-Pao* Law In Effoot.
g|ierfnl to The Ueorgtan.
Anniston. Ala.. 8ept. (.—The anti-
pa** law went Into effect on the local
electric line yeeterday of the Annieton
Electric and Oa* Company. An article
sent out by General Manager R. L.
Rand announce* that all thou who
have wanted to ride free won't ride free
any more on the care of that company.
R Is under nnd In accordance with the
provleloa* of the general nntl-pas* law
of the last leguiaturo that this action I*
taken by the company.
Condition Show* Doeline.
New York, 8wft t.—Mir* Ollea at
noon today Issued a report on the cot-
con crop. It make* th# average condi
tion of the plant a* of August 25. 72.8.
comp*rod with 78.I a month ago and nnrr ts tcb?:
• O lna» vaoP
i intN-
gept.... *:'«
law.... sis
Key.... «
OA'IH-
U f‘OitK-
gept.V 15.8f. l».g
th-t... 16A0 1t.*l
Jan... ISM
I.AItU-
Hept... ».m •.!»
Itct... ».9> ».2»
J ‘MU8-"
Set!;." *:7*
l*o... (.50 8.271
S' 4
1*
a
8 F
62%
«14
014
sa
15.46
15.M
15.90
J-jpfc
9.66
8.774
15.45
15.65
15.9)
9.60
9.10
8.H4
8.574
1.674 8.70
8.124 8.^4
15.50
15.70
15.924
IL124
8.924
LIVERPOOL GRAIN
Wheat opened 44$4 hlfher and at 1:30
g. in. unrhanged to »i higher. iJUmo* 404
rorn*'opened 4 higher ami at 143 p.
40T4 higher. Closed 4 higher.
Atlanta. . . .
Augusts. . .
charleston. . ,
Little ItiM-k. .
Memphis. . . .
Mobile
Montgomery. .
New Orleans. ,
'•Oklahomn. .
Savannah. . .
Vicksburg. . . ,
DISTRICT AVERAGIS.
ill
T. Indicate* inappreciable ralnfalL (Ij For
yesterday. (2) For 24 houra ending $ a. m..
75th meridian time.
••Missing.
WEATHER FORECAST.
CHICAGO CAR LOTS.
and estimated receipts for tomorrow are a*
ivUM-s:
Today. Tomor.
Wheat * 266 176
THE LIVE STOCK MARKET.
i iwm.
; mixed
i r.wker* *•.•0*.^* ’°*
mm**
78.9 Ian year.
steers $3.8005; calves $607.75: weetera steer*
$406; atorkers a ad feeder* $2.6006.
native* $X2Ti0*.e5; wentertm $3.2505.75; year-
Ung* $$.8C06 3O; lambs $507.50} aeateru $•
Washington, fiept. 5.—Weather conditions
and general foreenst:
Stoveff wentlier still prernlls In Hm» At
tnntle state* and the lake region, and there
were also taesl showers In uesrly all dis
tricts west of the Hooky Mountains. In
the Interior of the country the weather has
been fair. Temperature* are nearly norms I
except In New Knglnnd nnd the middle At
lantic state*, where they are comparatively
high There will lie shower* tonight In the
middle Atlantic states and New Kuglniid.
continuing Friday In the latter district.
There will also In* local suower* tonight or
Friday In the south Atlantic states. In the
lower lake region, the Ohio valley and the
en»t gulf state* the weather will In* gener
ally fair. Temperature* will change but
Forecast til) 6 p. m. Friday:*
Virginia—Fair tonight and Friday; cooler
tonight In extreme uorthern portion; light
wind*, mostly southwesterly.
North Carolina. Month Carolina nnd Geor
gia— Fnrtly riondy with locol showers to
night or Friday; light to fresh winds, most
ly westerly.
Knsteru Florida—Fair tonight; Friday to
cal bhowers: variable winds.
Western Florid*. Alnlisnia and Mississippi
—Generally fair tonight and Mntitrdny; va
riable winds.
EXECUTIVE COMMITTEE
OF COTTON GROWERS MEET.
Mpecial to The Georgian.
Anniston. Ala., Hept. 5.—W. L. Jones
left yesterday to attend the session of
the executive committee of the National
Cotton Growers* Association, which met
today In Jachson, Mies. This meeting
cf the committee has been (railed for
the purpose of canvassing the present
crop conditions and fixing a minimum
price on Uie staple far tbs present tea-
New York, Kept. 6.—The presence Jn this
efty of nil unusually large number of presi
dents of Western railroad*, some of whom
seldom come to New York, has given rise to
a we! I-defined report that they have Jour
neyed Rest to take part In an important con
ference on subjects affecting the properties
which they direct.
Among those now here are R. P. Ripley,
president of the Atchison; A. J. Rnrling,
president of the Chicago, Milwaukee nnd Mt.
raid; Mnrvln lliigtiltt, president of the Clil
cago and North western: Robert Mather,
president of the -Hock Island company; H.
L. Wlnchell. president of the Ruck Island;
George It. Harris, president of the Burling
ton; H. M. Felton, president of the Chlrngo
Great Western.
K. II. Ilnrrlniitn. president of the Union
Pacific and Southern Pacific roads. Is In the
Far West, but Julius Kruttschnltt, vloe-
presblent of the Southern Pacific and direc
tor of uialnteuouce cf the Ilarriuinn rail
roads. Is In New York.
Jnmes J. Illll also Is here, although ...
chairman of the hoard of the Great North
ern ami no longer Its president, he Is oti
his*own assertion "only • private In the
MORGAN MAY GET
THE UNION PACIFIC
New York, fiept. 5.—The rumor that Union
Pacific has gone under control of J. P. Mor-
gnu was revived in Wall street today. It Is
not true that 51 r. Morgan lias acquired con
trol of the road, ultliimgh there Is every
expectation that It will eventually pass luto
bis hands.
The actual ownership of the rood Is now
locked up In the National City Bank of
New York. The Mock is held bt u | NN ,[
made up of William Rockefeller. II. II. Hog-
er*. R. If. Hnrrlutan and II. c. Frick. It
la not likely that there will Ik* any Immedi
ate change of control.
New York, fiept. 5.—For the flrat hour
of this morning's session, the market con
tinued to display the reactionary drift
that was shown all day yesterday. There
particular reason for the weakness.
losing a point or so In the trading fnvo
Ites. however, the decline came to a halt
and the same absence of real offerings of
stocks that has so often l»eeii exhUdteil
in the last few weeks wa» again revealed
very forcibly.
At this Juncture the announcement was
made that the Hrandard case, which had
Interest.
New York, fiept. 6.—With the Single ex
ception of Boo. which advanced a point
over yesterday’* final, the stock market
opened nt declines. The Mosses extended to
Canadian Pacific 14. Great Northern pre
ferred aud Anaconda L Union Pacific 7i.
Amalgamated Rending 4. Northern Pa
cific nnd Delaware and Hudson 4- Hotithern
I*nclflc nnd Steel preferred 4. ami penns.ri*
van la. Steel common aud New York Central
4-
Closing Idds follow:
RAILWAY STOCKS.
Atchison 374
Baltimore nnd Ohio PI
Canadian Pacific 1606
Chicago and Northwestern
Colorado Southern
Denver and Ulo Grande
Krle
Illinois Central .. .. ..
Dullsville and Nashville .
Manhattan L
Mexican Central
Missouri Pacific
.. 24
.. 234
.. 214
..136
..10S4
. - - lift
New York Central
Pennsylvania .. 129
.. §
Heading
H<**k Island .. .. .
do, preferred ..
fit. Paid
Southern Pacific
Southern Railway m-*
Union Pacific , ..1324
Wabash .. 12
Iutcrhoro Metropolitan 9'i
do. preferred 274
Great Northern .. .. ..1234
MISCELLANEOUS.
American umpmlvto
American Tohnrco 79
American Cotton Oil 334
American Smelting and Refining........loj
American Smelting nnd Refining pM....l 'l
Brooklyn Itnpld Transit 4S4
Colorado Fuel uud Iron .. 2674
National taiul
Pacific Mall t.*4
People's Gna $7
filox* Sheffield Steel -i*
Sugar ■ ...1114
I'ulted State* Steel 324
United State* Steel preferred 164
Western Union <64
Mackay Conmanlea r.C (
Virginia-Carollim Chemical 214
MONEY AND EXCHANGE.
New York. Sept. 6.—Money on call,
2 1-203 1-2; time loans easier; 60
days, 6 1-2; 90 daya and 6 months. 6
per cent.
Posted ratea: Sterling exchange?,
$4.8104.87. with actual business In
bankers’ bills at $4.881504.8620 for de
mand and $4.123604.8240 for 60-day
bill*.
Prime mercantile paper unchanged.
London bar silver. l-16d lower at
37 l-16d. New York bar silver, 63 l-8c.
Mexican dollars, 52 7-8c.
THE LONDON 8TOCK MARKET.
Anaronda ••
Atchison *.
do, preferred
inIgainnfed Copper .. ..
Baltimore nnd Onto .. ..
'heaaoeake nnd Ohio ., ,.
'nnadlan Pacific .. .. .. .,
Krle
do. preferred ••
Illinois Central .. .. .. ..
Ixmlsvllle and Nashville ..
Kansas and Texas .. ••
do. preferred .. .. ,. ..
Mexican Central .. .. .
New York Central
Grant Western
vjinla
ami Western .. ..
Northern Pacific
Norfolk ami Western .. ..
hlladelphla ami Reading ,
Son them Pacific
fit. Paul
Union Pacific ..
United States Steel ,
do.
4°o
UNION
4%
SAVINGS BANK
Qould Budding
CAPITAL STOCK . . . SI 00.000.00
4%
RESOUnCSB
$260,000.00
o
O ■>
ATLANTA NATIONAL BANK
ATLANTA, GA.
C. E. CURRIER, Pretldtnl K. T. INMAN, Vle(-Pr«*ld«nL
GEO. R. DONOVAN, Cadtltr.
JAMES 8. FLO YU, Auinani Cuhlr,.
Capital
Surptas and Undivided Profits
We Solicit Your Patronage.
ALONZO RfiCHARDSON & CO.
PUBLIC ACCOUNTANTS, AUDITORS AND BANK EXAMINERS.
Audit*, 8peci«l Examination*. Coating and Systematizing.
EMPIRE BUILDING, ATLANTA, OA.
$500,000.00
$650,000.C