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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.