Newspaper Page Text
WEDNESDAY. SEPTEMBER 11, 1907.
THE ATLANTA GEORGIAN AND NEWS.
DECIDEDLY'LOWER
£pot Sales Were Large at a
r Decline of Six
Points.
XKW YORK. HESITATED
Opened Pl-acticallV Un
changed, Declined and
Later Rallied.
NEWS AND GOSSIP
of the Pleecy Staple...
York, Slept. It—While
reeelved fair euiqmrt tit
,,f tin* cotton market. . late i»o*lUou§
under consideruble pressure. in an of*
Ml,, among traders to {inticlpkte the revision
wUl'di i* to take ptflfl Tbl* afternoon.
i r|H»l was discouraging at the close,
futures showing II decided slump with the
t„„,- ciisy. To follow tin* decline hi New
\ ,.rh Tuesday Liverpool's opening showed
.. points lower prices on the lute po
ions. First price* were 8%- points down,
tin- close prices wl*re 12% to 124 points
,,-r tlinn the Tuesday tlnslH—equal to
mt 25 to 29 American points,
following Is tin* Hinge hi tile, active
lit 11s ill Liverpool today.
Open. High.
Jammy-February ,...*0.52 ti.53%
March April ,, v .6.fi% 6.54
May June 6.534 6.o4
1.0 JT.
G.4S
e.w;
C.tt 1
‘-November .*..0.00 6,614 0.554
l*ot wns In Increased deniuml; nt n de-
of 0 points. Bplnnet-H* taking nggre-
. .I 12.000 bales nt the decline.
Mu- New York market ngnln held steady,
first prices twin# unchanged to 2 points de-
•Hue During the moruiug session October
mured as follows: Opened unchanged 11.86,
■Id up to 11.93, reacted to 11.85 and at mid-
selllijK at 11.90. January opened *
• to 1 point lower.
|.weekly Interior* movement:
1917. ' 1900.
' Shipments 22,860 43.970
hocks 80,271 89,527
comparative .statement of receipts nt
la- (torts for four days:
a tnrday 12,271 19,044
Monday 14.942 22.284
Tuesday * 17.073 28.737
Wednesday 13.544
Totals 58,43*) 79,972
Estimated receipts Thursday:
1907.
400 to 900
8,000 to 7.000
opeelBl to'The Georgian. ’ *
iFrom Hayward. Vick & Clark.)
11.—Liverpool was due
uiiehange.l on bcptemlier. ami 8®8% lower
****, positions, opened steady ut 84
. K> U l‘ , ..32 , ; 1,,,e - At U»:15 h. in., was quiet
•jet (sdiUs lower. Spots In good
demand at G» points lower: middling 7.82;
sales 1-.003; American 11.800; speculation nud
exiMM-t 1,000; imports 2,000; American 2)0.
I he cotton market has every appearance
or a eliunge iu trend. During August the
tendency was upward and the market was
•’ •ate purchase on the dips. Now It seems
the other way. Tim government report
gives eucourugtitnetit to the lienrs. the
niLiiey situatUni is not bullish and the year-
•»d figures m>t-conducive to bullish feei
ng. Tht* break yesterday was 111 Hue with
- xpeeinlions. The “ Liverpool market fob
low* ottrs closely. % revision committee
will mke up this Important matter today.
Lo >k for easier prices. N
New Orleaus, Kept. II.—Hayward, Vick U
followers In New Yolk to hammer It inor
Think worst Is over.
’ Looks like more liquidation. '
Western belt fab* amt warmer.
Shorts covering Is putting It up. If there
Is another setback It will lie well to buy
it. it looks like a market turning to the
bull side ngalii.
NEW YORK COFFEE MARKET.
Edited by
Joseph B. Lively.
MARKETS
Mr. Ltvelya twenty-five
years* experience of ed
iting markets In Atlanta
and the South has made
hlui a reeogulsecl au
thority In bis specialty.
SOUTHERN COTTON MILL STOCKS
RANGE OF NEW YORK 'STOCKS AND COTTON MARKETS
NAME OF STOCK.
Amul. Copper
Au». Ice Securities. , ,
Am. Sugar Refinery. ,
American Ru:effing. ,
Am. I^ocomtlve. . . ,
do. preferred. . . •
A in. Car Foundry. . ,
American Fottou Oil..
Anaconda
Atchison , ,
do. ^referred. . . .
Atlantic C. Line. . . ,
11 rook I,r a Rapid T. . .
Baltimore X OhlA .*.
IbMMUMlw Ic UP“ ■
Cmiaillnn Piulflc.
January ..
February ..
March .. ..
April .
May
iuly .. ..
August.. ..
September i
Oetolier .,
November
December
hJeajro fc Alton. „ . .
Cousolblsted (bis. . . .
Central Leather. . . .
do. preferred. . . .
Colorado Fuel Sc Iron.
Corn Produce
Colorado Southern. . .
Delaware & Hudson. .
Ef'.y.v $ 1,10 «n»i'ie-
Bl.tlller,\ Kecurltln..
Erl,
do. |tr,ferr,il
(;,ii,ral electric. . . .
6.4M.4S P fd - •
.,6.40-0.45 6,35*6.40 |u te?|j. rn ‘ '
41-6.40 6.36-6.41 '“TTmfifrtdV i 11
Kansas A Texas. . . .
Opening
Bang*-
. .0.05-6.15
6.05-6.10
6.10-6.15
6.15-6.20
6.20-6.25
7.85- 5 |V)
5.85- 5.90
5.90-5.95
6.00-6.05
(Moved barely steady. Sales 3,320 hugs.
COTTON SEED QlL MARKET.
September. . .
Oetolier. . . .
November. . .
Dpcemlmr. , .
January.- ; . .
March
Closed steady
8POT COTTON MARKET
Atlanta, nominal; middling 134.
New York, (pilot; middling 13.05.
New Orleans, nominal: middling 13%.
Augusta, steady: middling 1315-16.
Suvununli. steady; middling 12%.
Memphis, quiet; middling 134.
(ialveston. steady; middling J4<v *
Charleston, quiet; ndddllug 12%.
Wilmington, nominal: middling 134- -**
St. Louis, steady: middling 15%, _
Norfolk, dull; middling 134. ’
Baltimore, nominal; uilddlluK 12%.
Bust mi. quiet; middling 13.U6
Philadelphia, quiet; middling 13.30.
Mobile, nominal; middling 13e.
Houston, quiet; middling 13%. ,
(Inclnuatl, uomluttj.
* 'VopA^^jpORT^EdErP^
T*w following table shows receipts at tht
ports today, compared with tlio same day
last year;
INTERIOR RECEIPTS.
The following table shows receipts In tin
aterlor today, .compared with the same any
Ht year: • ' * *
Augusta. .
st. Untls. .
1 Inelnnatf.
UlJ-
HAYWARD. VICK & CLARK'S
DAILY COTTON LETTER
■'IV Innc-lnlnl 1 J.WKV-1 ii«ll'-ntInr . Iiiitc.iI
•1' inand with the decline.
In our mnjkct trader* this morning were
‘•hi entirely engaged In yvutchlpg New York
to find out Whether more pressure by capita 1
"ill be put on flu* short side, or whet bet
covering will lie given the preference. A»
•0**11 as New York weakened there was con
M'lcmhle scalpers' selling here, and U
l-iliits were lost during the first hour. I u
"•rtnlnty ns to the result of todays meet
lug br the Spot revision committee In New
Vork restricted trading, (leiieml opinion Is
that there will In* only tiiilinportant changes
In grade difference*. Then* Is now a good
pmfeAonal short Interest In the market
"•lying on New. York action for profit. The
weather map shows generally fair weather
In the west and centri" states, generally
• londy ami extensive ami some heavy rains
In the eastern bolt. Warmer weather l*
indicated for the west and clearing weather
b»r the east. There are no developments
"i‘ the rnnp of linniedlnte Importance. Do
ing* lit actual cotton here an* still too re-
s| rl»-t«l to carry much weight, and lufor-
"•atlgn a I Hint stmts can not Is* given until
inter la the day. Kxporters so far eomplnln
"f slow demaud. Trailing In futures Is quiet
•••round 12.88 for Oetolier. Bullish enfertirlse
in the South has no donbr lieen Intimidate*!
by the recent slump. l»ot the proposBIon
ATLANTA MARKETS.
FRUIT AND PRODUCE.
K414JK—Actlr,. -6c.
LIVK POULTRY—Hens active. 49ff4Se;
chickens (fresh). 22%(R36e. Ducks (1’ekln) 30»*
each; puddle. 25c each. Turkeys active,. 15c
per pound
PltODUCE—Lard, 12c pound; Hants active,
. . ... ^. r
4c iKtund: pfneappes, Florida
stock, none: limes, Florida stock. 50 per
hundred; peanuts In sacks averaging 100
pounds each, owing to grade. 64^8c pound;
TARLK8—Potatoes (new), *3.00 par
laurelv per bushel.- IT.Off. Onions (Ooorviaj,
Sl.SQ btiBbci; Sttiitilth, Si.oO crate; kraut, %
l*arpel r |3.76; cabbage, .2c pound.
grocIries.
RICE—Jap, 5©64c; head, 6(®7<?i fancy
head. 77?74c. according to the grade.
CIIKESK—Fancy fall cream 1^4c; Georgia
cam; syrnp. S7c gallon; salt, 100 pounds. 50c*.
axle grease, 31.75; soda crackers, 6%c pound;
fempn,*: 8c: Oyster, 7c; bfrreti'rsndy, per
mlxerti per “ ~ ' **'" *
pounds. 83.00 ran«;- a INIUIIU9,
jaufisSS '$%■. Esystrusil
(Kutml: sardines, mustard. $3.25 case.
SUGAR—Standard granulated 5.20; New
York refined, 4.80; plantation. 5c.
COFFEE—Roosted, Arhuckles, 316.00; balk
lo bags and barrels, 12c; green. 11012c.
Shre<ldei1 biscuit. 16.00 ease; No. 2. rolled
oats, 33.26 case: sack grits, 96-pound bags,
$1.86: oysters, fall weight, 1100 case* lijRit
weight,’$1.10 ease; pepper, 18c (Ntund; bak
ing powder, 16.00 case: red salmon, 35.00
case: pink salmon. R® case; cocoa, 40c:
chocolate. 88c; snpff, 1-pound Jars. 48c; roast
beef. 12.60 case; syrup (New Orleans), 35c
gallon; corn, 30c gallon; Cuba potash. 38.28
4(3.80 case; peanuts. 8c; rope, 4-ply cotton.
Me; soap, $1.6064.00 case.
FLOUR AND GRAIN.
FLOUR—Highest patent. 15.75; Lest pat
ent, 35.25; stnndnrd patent. $4.75: half pat
ent. $1.65; spring wheat patent, $6.00.
COHN—No. 2 white 82e; clmlco white, 86c;
No. 2 yellow. 82c; mixed, 80c; cracked corn
!>er bushel. 80c.
©
X
.•J
X
a
cu
3 *
55
|S
3fl
S3
u
©
a
wi
©CQ
uu
oft.
6314
m
66%
51
111
iis%
97
53%
iia»i
53%
iio%
»
V
to*;
40%
S5
87%
3^*'
86%
102
il'.
ml
33vt
43%
86%
82
,sn
82
45
91%
|
90
&
M
.8»
164%"
11
106
106'’
106
106*'
106
£3%
’ Y. Y.
2344
siii
i
14
23
156
157
156
24
53
20%
166
24
53
20%
■s*
9
127
i#
£
51%
21%
H
I
138
8%
85%
"a
126
118
8%
35%
125
138
8%
35"
126
138
8%
35%
NAME OK 8TOCK.
Kansu* X Texas pro. .
Louisville Sc Nashville.
Missouri Pacific. . . .
Mexican Central. . . ,
New York Central. . . ,
Northwestern
National Lead
Norfolk A Western. . . ,
Northern Purl tic. . . . ,
Ontario A- Western. . .
Pennsylvania.
Pacific Mall
People’s Gas Co
Pressed .st**el Car. . . .
Reading
Rock Island.
do. preferred
ltepublle Iron ,<c Steel. ,
do. preferred
Southern Pacific
Southern Railway. . . .
do. preferred
At. Paul
Tebn. Coal & Irou. . . .
Tfxus Pacific
tilth'll Pacific
U._H. Rubber
•do. preferred
U. S. Steel
do. preferred
Western Union. . , . . ,
Wabash.
do. preferred
Wisconsin Central. . . .
do. preferred
847»
164
Ott
m
Abbeville common...,.., ...
Alkeu Manufacturing (Jo S6
American Spinning Co.../,..... 140
American Spinning preferred.. W
Anderson Cotton Mills
Am. Warehouse pfd., Spray.... ...
Arcadia 96
Arista
Arkwright Mills 112
Arlington jeo
Atherton, N. C....,
Avon us
Arondule * no
Augusta, Gn ...
Beltou HO
Bonnie -
Rrogou Cot. Mills. 8. C. N
Hrookslde 105
Bloomfield ion
Capital CJty preferred 8«
Chadwick prcferreil 101
Chadwick. N. C 120
Ultra well, S. C., preferred
(, he*well, S. C
Clara rj
Clinton
ciifton ,
<!!!L t0 . u . Preferred 102
J524
NEW YORK.
ork today:
PeptTTT
Get. . .
Nov.. .
Dec.. .
Jnn. . .
Feb.. .
March.
April. .
May
Closed sleatly.
nxnTTo
... 11.99111 J6
12.01 12.01 11.95
11.96 12.05 11.92 _ ■
12.01 12.11111.97 W
12.12 12.12112.00 |
12.11112.21112.00
LMKI12.18I12.18
12.21 \V2.mt. 21
tl
ZZ c
Im
11.97-96
12.0WM
12:81-69
12.1,3-14
18,17-19
12.22-23
11.94-95
11.96-97
12.03-04
12.«'7-
12.14 15
12.18-2Q
12.21-24
LIVERPOOL.
Following Is the opening range, 2 p. m
and close, compared with yesterday's close.
Futures opened easier.
( Opening Prsrlou«
Bunge. ' 2 p.tn. Close. Clo.m
September... 6.80 6.794 6.75 6.884
Kept.-Oct.... 9.M -#.864 6.654 A.60 A744
Oct.-Nov,... 6.00 * 6.60 6.554 6.68’
Nov.-Dee.... 6.55 -6.54% 6.55% 6.50%
Dec.-Jnn.... 6A8
lny-June..,: C
Closed easy.
5.554
SA24 .... M|
6.52% 6.48 (i.60%
6.52 6.48 6.61
6.53 6.48% 6.61
6.53 6.49 6.61%
A53 6.49% 6,62 #
NEW ORLEANS.
t^Jowtag Is the range In, cotton fu
Kept.. .
Oct. . .•
Nov.. .
Her.. .
Jan.. .
Feb.. .
March.
April. .
May. .
^ 1
1 °
ft |
|
12 .m
12.41
12.66(12.60(12.60
12.47112.32:12.34
112.27
12.30
12.37
12.3112.18
12.34112.19
iL'tasji-L.ii
i2.ii)
12.21
12! 37
Closed bsrsly steady.
12.83 34
12.19
12.19-20
12.21-22
12.23 28
12.32 34
12.35-37
12.39 41
12^T
2.41-42
2.24-26
12.24 -m
12.26-28
12.29
12.27-88
12.40
12.43-45
NOTES ON GRAIN
Pointers on Provisions.
UA lo—.*n, . whim-, mt; o mixmi, uoc;
fiolden oats. 65c: white clipped, 68c; fancy
white clipped. 70e.
MEAL—U.luln. per M-pdnnd sacks, 80c; 48-
pound sacks, TSo; plain, 24-|»r ** *
germ. 31.6A
l-pound sacks, 80c;
Cbicaco Evening Test: Piper, Johnson &
Co., Winnipeg, report(*d Monday as follows
to Peavy Grtiln Co., Chicago: "Clear and
warm yesterday. Frost reported at Bran
don, Cnrinnn and Alexander, Manitoba. Can
adian Pacific reports so far show all other
places above 82. The Canadian Pacific agent
at Alexander says: ‘Heavy white frost last
night; six degrees frost; abont one-third of
crop and the other two-tblMs quite green,
likely to be damaged badly.-Cutting aroumh
Portage practically finished* Brandon and
Carman about three-fonfrtbs of crop cut.
Alexander hnlf cut.V' f , _
Totnl world's shipments of breudstuffs
during the last, week 11,066.000 bushels,
against 8.744.000 l)dsUds U»«f week and 9,776.-
OW bushels a year ago. Total wheat taken
by continental countries the last - week 4.-
5&8.000 bunhels. against 3.688.000 bushels last
week and 5.940,000 bushels a year ago.
King. * Co., Toledo, wlrsd;^ "Mls-
t. ..- r
_ r Wheat
yield Is 14 butliels per aerr, trlUp larger tisin
August. Slight decrease probablq In acre
age to be sown.” *
Duluth wire to E. W.' Dennis: 'The Inst
few years' Increase In spring wheat mllllug
considered, the Northwest this
raised relatively the slnskest api._
grop It hat ever raised, and almost the
poorest quality." * . . .
New York message said: "One hundred
and t’xty thousand bushels Xo. 2 red wheat
sold from Kansas City recently t~ —* *"
Hamburg nnd to I* shipped to nil
mill In Austria-!lungnry.
The Budapest mills have decided a weekly
shut-down of forty-clgbt hours for the
whole season of 1907-8.
Sydney Reid & Co.. Odessa, consider that
the crops (southwest?) In Kusslu hove l>eoM
greatly overestimated, and that Instead of
- —• -■* *- more or
Iw dis
tricts. Maine has rubai firm on complaints
about the new crop, which lias successively
suffered from moisture, coldness, and flually
from hot weather.
Bnrtlett-Frnsler said a letter received
EARLY NEWS BEARISH
ON TOWS PRICES
Reflected in Declines at the
Opening, Extending
One Cent.
WEATHER REPORT.
HAY—Timothy- choice large hales, $1.85i
do., choleh smalt bales, $1.30; No. 1, on#K
* No. 2 one-third boles.
41.00; Rermurn, $1.00.
Rn u»in-v.v,» white, 91.60; fancy. $1.60;
brown (80 to 100 pounds). $1.50; bran, $1.40.
COTTON SEED MEAL— Prime per ton;
126.50: No. 2 pc? ton, $24.00; bulls per tou,
| 513.50.
PROVISIONS.
PROVISIONS'—Supreme hams. 15%c; hel-*
He*. ’J'W’Ji pounds average 10%; fat lucks,
8.20; Supreme Innl, 10%. I»nrlty compound.
9. California huun^^cj dry salt ribs, 9.20.
FISH—Bream. 70c pound; snapper. 10c
pound; trout. 8c pound:,blue fish. 7c pound;
potnpnno, 23c pound: mackerel, 12%c pound;
mixed fish. 6<* Jiorrful; fresh water trout. Sc.
BAGGING AND TIES.
BAGGING—1% lb.. 104c; 2 lb., lie; 2% lb.,
•b* consumption la nnrhanged. nnd lota can
'"•ppen within the next five weeks to fur-
'her reduce supplies or to nffect grades. A
'vet harvesting aensen. which Is not out of
* m after sorb a long
very bullish factor.
CROP NEW8 WA8 BULLI8H;
ACTUAL COTTON EASIER.
New Orleans. Kept. II.—The Tlmes-IWnM>-
f’tat: Fold weather In the uorthweat nud a
’•uttlsli wi*ekly cotton region weather bnlle-
Bn he!|>ed the market during the early aes
-'•m, but a relatively raster tone lu tin*
‘••twal cotton market oml the spread of the
'"•lief thnt an Increasing movement must
briug about n less rigid attitude among pro
ducers wer-* seised upon as favorable mar
ket phases r «»r the display of hear money
power, nnd New York hammered hard the
remainder ot the time. There Is, of course,
a chance that the price oppoutuits conjec
ture may prove nt least partially correct 1
but, on the other baud. In the eveflt of cu
mulatlve Requirements proves more press
ing than the financial need* of the f.irpier.
the rnouey power of tin* ,l»enr may cost
*<iuielHMiv dearly. Beyond the Shadow of n
doubt, the ring* do not now nnd can not
hope to cxerdiu* the arbitrary Jurisdiction
of other days, couxdqiieutly it Is more easy
to sell one's self into u hole l>y following
old . method*, then to mold ..public opluiou
ngnliitlt The staple. On the other hand, far-
*eelng operators wisely fear the (lability In.
••incur to a bull campaign at current high
prices at the beginning of n marketing
sou."—Hayward. Vick X Clark.
expresses their opinion that
Saturday's market advance wus caused by
tremendous foreign demand for wheat, sales
being limited only by the supplies.
Message from Toronto to Slaughter A Uo.
said: "Toronto olnervatory sar*. there was
frost In Saskatchewan nnd Manitoba last
night."
Winnipeg message read: "Grain exchange
has reports of frost from many points.
Corberry, Manitoba, reports 13 degrees."
Chicago, Sept. 11.—Wheat closed 2©2%
lower, corn was off %©%, oats were %e
lower to %©%c mgher and provisions were
unsettled.
I*oeal longs were heavy sellers nt the out
set nnd prices were carried off sharply. It
wns shown beyond n doubt that the mnr-
ket was tu no condition lo take cere of
Increased offerings. The weight of the loug
wheat was felt. There wns n lack of new
Imylug power for the luotneut. .There Is
extremely rough weather In the (’unadlau
Northwest, with 2 lmbe< of spout In *oum ,
section*. -
The corn market was n big one.. It wns
Southwest wns s Idg
seller. '
The onts market wns n small nml nar
row one, not ns luvitlng as the general
speculatlre trade lias enjoyed for Home time
past.
Provisions were quiet throughout
and prices were eaay.
WEATHER CONDITIONS.
The high area from the northwest ha*
moved eastward and 18 now centered over
the western half of Tennessee, with Its
crest extending Into Texas. Its ndvntiee
ha* caused a general full iu temperature lu
the Ohio valley nud south to the gulf. The
lowest pressure Is over the Greut Lakes,
hiving moved north from the Ohio valley
since yesterday morning.
Cloudy weather prevailed east of the Mis
sissippi this morning, with rain falling at
Marquette, Oswego. Buffalo, Pittsburg.
Charlotte. Asheville nnd Mncon. In the
last 24 hours rains have fallen nt uenrly nil
stations cast of the Mississippi except In
New England.
The eastward drift of the high area will
cause fair weather In this rectlou tonight
and Thursday; cooler tonight, »
COTTON REGION BULLETIN.
For the 24 hours ending nt 8 a. m.. 78tb
tniThllen time. Hoptombor 11. 19.17,
(juiralil.
<;iiiiiu:.in cot tou uni. 1*
(Jourto.y joo
Converse Manufacturing Co... 112
Lherolte* Manufacturing Co... 150
( olumbus Manufacturing Do
('ora
Cose jog
Dallas Mfg. Co,, Alabama 90
Dover \mn Mills, N. C 100
Drayton
Milling os
Million K
Engle nnd Pheulx LL*
Bflrd, X. C jap
Elmira, preferred 10J
Enoree
Eiiorcc preferred '{»
ExihisIIIcii -•-*
Fairfield “gq
Florence ’ v«
Fountain. N. C
Gaffney Manufacniriug Co 92
Gaston jjy
Grendel
Grcenwoml
Highland Park *,*.
Iligblnml Park preferred
Hoskins. N. r 14a
Hoskins. N. preferred UXI
Huguenot preferred
Inman Mills, 8. C 91
Inman Mills, 8. ('., preferred.. 97
John P. King Mfg. Co
Keesler 135
Klug's Mountain, par 50
LancaNter Cotton Mill* 115
Lancaster Cotton Mills, pfd... 96
Line it jjo
Langley Mfg. Company no
Laurens
Linden. N. C J60
Liberty
Limestone 140
Lockhart. 8. c as
l*qrny Mills, preferred 103
Louise Mills, N. C ...
Louise Mills, N. C„ preferred. ...
I A) well 1H5
l.uuibertoti 215
Mnrllioro Cotton Mill* ...
Manchester Mills
Mill* Mfg. Company HO
Mills Mfg. Company pref.,..,. J05
Marlboro Cotton Mills
Mollobon 103
Mollohou. preferred 107
Monoglinn
Monarch. 8. C
OPENING PRICES
GENERALLY HIGHER
Only Important Exception
to Advance Was Amal
gamated Copper.
BEGAN FRACTION OFF
Market Hesitated- Shortly
After Opening—Later Re
newed Upward Trend.
Xfiv Yoik. Hetit. II.—The r>lrnrnlile il,-
elopment* In flu* financial situation yes-
blch. for the time lielng.
terdn
;;,S?
DISTRICT.
CHICAGO GRAIN MARKET,
for totlnjr nro n. foll.n., irowiwml
yeitcnhty'i clofo:
TIPS FLASHED
From Wall Street.
Special to The Georgian.
(From Hayward, Vick Sc Clark.)
New York,.Sept. II.—Bartlett, Frasier &
Carrington: Americana In I^imIoii 'iltU
higher. Amalgamated up %, Atehlsofi %
Illinois Central 1%. Pcuusylvuula %. Heart
lug %. Union Pacific %. Other actives show
s few dccltues.
Copper very weak nt £67 10s, a decline
of £J. Futures also weak nt decline of
iitffoence abroad Du
4 e
4 o[ UNION
SAVINGS BANK
„ Could Building
capital stock . . .* $160,000.00
RESOURCES
S250.000.00
HAYWARD, VICK & CLARK,
COTTON, STOCKS, BONDS, COFFEE, GRAIN AND PROVISION!!, y
* Carordctct and Gravier Sta,, Naw Orlaana. ,
, MEMBERS:
K«flui!£«: *3or|v7^lJmli«a' l.lrarJwT‘ CaKoa Aa»a.
N>w York and Chicago < orrrspoudenta.
J. 8. BACKE & CO., AND BARTLETT, FRAZIER A CARHINOTON,
PRIVATE WIRES TO Al I POINT!
warn course; iimsiuernuie suoii Hening
tbrmtghout the li»t. The decline In c«)np(>r
metal abroad will pmlmldy result lu a low
ering of the price on this side.
The success of city bond Mile nnd tbe de
elilon rendered by ivmuyivsbln coarts fall
ed to stem the downward course. An Ir
regular market I* expected today.
S«nue re*lstance to pressnre iu the rail
road list. Cupper reflect* the break lu met
al abroad. Smelter* sympathizing. Uulou
Pacific nud Itendlug will lead tbe rally
when It atari*.
New York city IhhuIb sold ot 192% on curb.
Town Topics: Tlie bulla have failed to
extract iuih'Ii argument -for Higher prb-e*
oat of tlie fact that New York city has
finally succeeded In floating n 4% Iter cent
1 moiiI Issue at a smalt premium. Indeed, the
Incident was so thoroughly ovi*r-dl«oonnted
that we expect to see some further Itearlsh
attack* on value*, especially now that the
important Interest* seem to have wltlidrnwu
support temporarily. Accordingly, more at
tention will In* paid lo such arguments ns
the nppnArbitig Standard Oil case and the
weakness developing lu various quartern of
the IndtiNtrlnl world, nnd e*iH*elnllr In the
Copper trade. The reduction In the Calu
met and llecin dividend I* likely to dlwd-
pate whatever eonfldenee had In*#* felt
In the ability of the Important producer*
of the metal to maintain the Integrity of
the recently established l»n*l* for selling.
Indeed. In some ctrrles It la now thought
thru the Amalgamated people will before
long be suggesting n much sharper reduc
tion In the metal than any a* yet predicted,
even by peaatinlstJ. In .order perhaps to
check outside competition. Me feel, at
any rate. Hint Copper start Kmeltfnc Issues
will have to undergo further serious re
action-*. which will Influence n general tin-
emeiit throughout the market, making
tilnernlde to renewed licariah nggre*-
C<»n‘eqmHUly. though the goo<l rail*
nre worth more mortex. ace would udvlso
waiting for sharp breaks
or so *
Kell
lug for sharp breaks of severn) points
I cotton oil lauges.
. Open
Sept.../ Wn
Dec 99%
May.... 105%
f'OUN-
Kcpt.... tlh
Dec.... 59%
May.... 60%
oA’I'S**
8cpt.... 63%
Der.... 524
May.... 53%
loitK-
8cpt
Jaa... 15.70
I.MID--
8ept... 8.97%
Oct... 9.1u
Jnn... 8.75
II IBS—
8ept
()<-(.-. 8.60
Jiiu... 8.15
il
6s!4
/.TV
15.77% 15.TO
8.97'/, S.f.7‘,4
9.10 9.15
8.7714 *.ra
9784
10.184
594
|W%
53%
5.424
5.77%
8.52%
8.62%
8.12%
8.55
8.65
Jt.12%
Atlanta, cloudy
*( , hnttnnoogn, dear. . .
ColiimlniM. clotalv. . . .
Gryenvflle. cloudy. . . .
Rome, (tartly cloudy. . ,
.vNparfanbarg, clotuly. . .
West Point, cloudy.
•1$
Mooresvllle,
Newln*rry
Kokomls
Norris Mills
Olympia prcferreil
Odell' Mills'
Ozark
Pacolet Mfg. Coiupnuy
I'ncolet Mfg. Co. prcferreil..,.
Dec lM*e
Deicer Mfg. Company
mertmont Mfg. ( f o
■’elhnm, Gn., prcferreil
’elhnin. On., common
IS
•Minimum tcmiifrntiiri** ur»* fur 12 huurs
oiidlug n n. in., this date,
xReceived too late to ludude In district
average*.
RAINFALL.
* t,'nod water. Ain.
h GroeusfNirn, Ain
...1.68
...3.3-J
s ^
DISTRICT AVERAGES.
l CENTRAL
Temperature.
i]|
III
* STA 7, OR.
Sf
ill
Mum. 1
.
Ml..}
Atlanta
l Augusta . .
riuirleston
Galveston
Little Hock
Meninbr*
Mobile
Montgomery
l New orieau*
. Oklaboinn
; Savnunnb
Vlck*lnirg ......
Wilmington
9
4
14
10
11
3
5
9
HI
w
90
90
80
74
86
86
8)
76
92
78
92
sli
70
76
54
52
52
• 60
01.
54
42
54
.4o'
.36
.01
.tut
.01
.30
.90
.04
.Oil
.26
.01
.08
•5wa , ^! 0,, preferred .... inn
•^2 , nirhlnnd. s. c„ preforrod “
Tl~ liemnoki- Mill. m
.96 IlnWuli jS
.07 Richmond Hplnnliig Company. 90
.67 Riverside Mfg. Company
.18 J Rocky River 115
FVixon
Sibley, Git ’ ci
Mortal Circle jp)
Hprlngstelu ’ 90
Statesville Cotton Mill* 10*
Trenton. N. C i£
Tiicapan, 8. (' joq
Tiicnpnu, 8, C„ proforroil .* us
--l' HM 6 111- HUH- I Mill..,
■rslinttowiMl by the break In the Copper
res, found general reflection in the
mining stock* thi* nwnihm. The market
took more notice of tlie decision lu the
Pennsylvania case, which had been Ignored
yesterday lte*nnse of more cziitlng happen
ing*. Ou the other hand, a break In inp-
per this morning caused a renewal of II-
qiddntlou. in copper shim** anil hehl the
upuni-d inovcinciit In check.
Closing bid* follow:
Railway Stocks.
Atc|ii*ou • ,, ,
Bnltliimrc nud Ohio.. .. .
Pacific
Chicago and North west or a.. .....
Colorado Southern
and Rio Oramle
Denver and Rio Grande preferred 66%
Eric 23%
Illinois Central JC7
Louisville mid Nashville K)S
Mexican Central .. 17
IsHoiirl Pacifli- 7a
ew Vork Central.. .. 111%
enr sylvan In 12»
Beading..
k Island 2)
St. Paul 1 ■».»?;
Southern Pacific ,
Southern Railway
Union Pacific..
WhIminIi
Great Nortlr.Mii :
Miscellaneous.
Autnlgmnatfil Cop|H-r
American Car mnl Foundry .. .
American Locomotive
America 11 Tobacco
lean Cotton Oil
American Hnudtliig and Refilling .
do. preferred
Brooklyn Rapid Transit
Colorado Find and Iron .. ..
National l.eud
Pacific Mall
People's Gn*
Pressed Hteel t'ar
sugar „•
United 8tntcs Hteel
do, preferred
Western Union
Virgin!,i-Cnrolliiu Chpnilcal .. .,
.. ..ICI
.. ..13)%
.. ..11%
:: ml
• :: W
, •.;»
::S n
3
.. 31%
.. 20
MONEY AND EXCHANGE.
Netv York, Sept. 11.—Money on call,
3#>5 per cent; ruling rate 5 per cent.
Time loans eaay; 60 day*. 5 1-2; 90
daya, 5 3-4<$6 per oent; 6 months, 6
per cent.
Posted rates:' Sterling exchange,
$4.8212(R'4.8612, with actual business In
bankers' bills at $4.854504.8550 for de
mand and at $4.819004.8196 for 60-day
biis. ■
Prime 'mercantile paper unchanged.
London bar silver quiet at 3-16d de
cline at 31 l-4d; New York bar silver,
67 3-4c.
Mexican dollars, 52 5-8c.
* THE LONDON 8TOCK MARKET.
CHICAGO CAR LOTS.
Tbe receipts of grain la ear lota tola
Wheat
Corn.. .. ..
Gats
Hogs, bead.
Today. Tomnr
LIVERPOOL GRAIN
Wheat opened %$% higher and nt 1:30
p. in. %0% higher. cUmmmI lower.
Corn opened %•?•% higher anil nt 1:30 p.
lit. %fe% higher. Ckmeil % higher.
LIVE-STOCK MARKET.
Chl«*ago. Sept. 11.—Hogs—Receipt* 23.000,
Cattle—Receipt* 8.
n shade higher: beeves .
5.60; Texas steers $3.75615; calves $6«8; wi*st-
erw steer* $46t6; atnekero nnd reeilers F2.60
strong; native wtMitarn $3.2506.86:
^rlTngs $5.5006.80; lambs $5477.65; western
THE METAL MARKET.
New York. Sept. 11.—All grades of cop
ier were further reduced %e In in.th the
dd and nskeil prices ou tbe metal ex-
bn age to* lay.
Tin wns *»ff _
llrerles, while leml
lected.
. . MINING STOCKS.
Boston. Sept. Jl.-Opening:
nea lOuSorti Bo “
_ . . Greene-Cana-
utte SS: Copper Range 60;
Mohawk 6$: Cnlamet-ArUotia «l; Old Do
minion 3: Trinity 15; Smelting 39; Shannon
12%; Utah SIbdag H. Jlcrket fnseniOy low-
METCALF RUMORS
ARE RIFE ONCE MORE
Washington, Sept. 11.—Renewed re
port* are afloat that the retirement of
Secretary of the Navy Metcalf from the
cabinet may be expected at an-early
date. In case Mr. Metcalf goes. Assist
ant Secretary Newberry probably will
become head .of the navy department.
Remarks.
The temperature has fallen In the central
ami western district*, and I* slightly higher
Id the enstern districts. Oklahoma report*
ail average uiliiUniitn of 42, the lowest av
erage maximum being 72 In flic Memiihl*
dist’let. Tin* rainfall linn lieen confined.
an Mily to the cmsicra and central districts.
J. B. MARBUUY. .Section Director.
BANK STOCKS.
Central Bank & Trust
Union Savings, Lowry
National. Prices on ap- i
plication.
HILLYEB INVESTMENT C0„ j
Bond Dep't, Cnollth-Am.rlc.n Bldg. J
All'llison ..
. do. preferred .. .. a ..
Aina Iga uni tcil Copper .. ..
RaRliitore and Ohio .. .. .,
Chesapeake and Ohio ....
Canadian Pacific
Eric
do. preferred
Illinois .Central
LoiiInvIIIc nud Nashville ..
Kansas and Texas
do. prcferreil
Mexican Central
New York Central
Urcnt Western
Pennsylvania 1.
oiifiKrio and Western .. ..
Northern l'arifle
Norfolk and Western .. ..
Philadelphia nnrt-lteiidlug ..
Rock Island .. ..
Huntlicru Pacific
{Bouthern Railway
I do, preferred ...... ,.
| Hr. Paul
CiiIoii Pacific
{ United Ht.-ites Hteel .. .. ..
preferred ..... ..
New York. Boston. Chicago. Wathlngton. Philadelphia
Baltimore. Atlanta. New Orleans. 8an franclsco. London.
The A
mencait
Audit G
WEATHER FORECAST.
Washington, Hept, JL—Weather conditions
nnd general forecast:
Mhowers continued generally east of
Mississippi and were especially heavy III
portlous of Pennsylvania and West Virginia.
In the west the westhor wus fair, except
In .Montana, where there were showers.
Temperatures nre still iiiisessonntdy high
In tbe Atlantic states anil the eastern low
er lake region, mid. as a rale, rather low
elsewhere, a material fall ha dug occurred
_ jineratarrs win no lower.
Form-sst until 8 p. 111. Thursday:
Georgia—Partly cloudy tonight; cooler ex
cept III extreme northwest portion: Thurs
day fair; light to fresh northwest to north
winds. „
Virginia—Fair nnd cooler tonight; Thurs
day folr; cooler lu eastern portions; light
to fresh. west • to northwest winds.
North CnndJng—Fair and cooler tonight;
Thursday fair and cooler In eastern por
tion; light to fresh west to ^ofthwest
winds.
Month t’amUoa—Itartly clouiijr anil cooler
tonight: Thursday fair; light to fresh west
to northwest winds.
Eastern Florlitn-Partly cloudy; potollrty
local shower* tonight or Thursday; cooler
tonight; variable winds.
Western Florida—Fair and cooler tonight;
Thursday fair; light north to northeast
"aJEoLuiiui and Mississippi—Fair tonight;
cooler In extreme southern portlou*: Thurs-
rtajr fair: Hgbt north to northenat winds.
Kentucky nml Tennessee-Fair tonight
and Thnraday: warmer Thursday.*
I^mislana Fair and warmer tonight lu
ubrthern p*»rn»m: Thnrmlay folr and warm-
r; light to fresh northeasterly wind* ou
te coast.
Enstern Texas—Fair and warmer tonight;
Thursday fair; freak east to south winds ou
the coast.
Western Texas. Okbihnmu and Indian
Territory—Fair.aud winner tonight; Thurs
day Inlr.
Arkansas—Fair und warmer tonight;
Thursday fair pud warmer lu eastern por-
ompany,
100 Broadway. New York City.
F. W. LAFRENTZ. C. F A, Pre*. G. E. MANWARINO, Vico Prea.
THEO COCHEU, JR., Secretary.
The American Audit Company, chartered under me Invvs of New York.
Is empowered to examine the affairs of, and make report, upon the finan
cial condition of private and public concema for directors, officers and In
dividuals. Tho preparation and Installing of ayatema a (specialty.
ATLANTA BRANCH. 10)6-1016-1017-1018 FV URTJ1 NAT L BANK BLDC.
0. B. BIDWELL, Resident Manager.
Telephone, Main 872. Cable Address, Amdit, New York.
L. H. Fairchild. Establlehad 1885. 6. J. White.
L. H. FAIRCHILD & COMPANY,
, , NEW ORLEANS.
Mem bars:
New York Coffca Exchange.
N**w Orleans Hoard of Trttdo.
xebangs. i.hlcagn Hoard of Tmde.
LIVERPOOL COTTON ASSOCIATION.
Private Wires to MfiW YORK and CHICAGO. Orders solicited for future defy*
si? on above Exchanges II. C. COTHRAN.
New Orleans Cotton Exchange.
New York Cottou Ex'-bang*.
V*w Orieana Htock Exchange.
FRANK HAWKINS. Prrsblent.
H. 91. ATKINSON. Vtae-Prcsldent. T0OMA8 C. ERWIN. Csshler.
JOSEPH A. &PCORD, Vice Prcsldt..! U. W. BYERS.
Assistant Cashier.
Third National Bank
Capital .... $200,000.00
Surplus and Profits $400,000.00
JOUN W. GRANT.
II. V. Il’COUD.
FRANK HAWKINS.
II. M. ATKINSON.
JOSEPH A. M CORD,
f » X
J. CA
... NONNALLT.
DARROI.T. I'AYXflL
K. U. ROSSER.
DAVID WOODWARD.
=
-'.’ALONZO RICHARDSON & CO.
PUBLIC ACCOUNTANTS. AUDITORS AND BANK EXAMINER*.
Audit,, Special Examination,. Costing and Systematizing;
EMPIRE BUILDING, ATLANTA, GA.